Smiles Inclusive Limited

Smiles Inclusive is a dentistry facility and service provider, operating under Facilities and Services Agreement (FASA). The business owns dentistry practices and will contract to provide to dentists all facilities and services necessary for dental practitioners to provide dental services to patients. The Group's business model involves former owners of the Practices (or their nominees or transferees) (JV Partners) entering into Practice-specific profit sharing arrangements under the Joint Venture Partner Programme. The JV Partners typically buy-in to the Joint Venture Partner Programme under a Joint Venture Partner Agreement for a single upfront contribution, and are entitled to an agreed proportion of the profit of the relevant Practice, as well as retaining exposure to movements in the capital value of the Practice.