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NZME LIMITED Capital/Financing Update 2021

Oct 28, 2021

65471_rns_2021-10-28_96abcf1f-dc8b-47b2-a237-1635c40cca64.pdf

Capital/Financing Update

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MARKET ANNOUNCEMENT

29 October 2021

Sale of GrabOne Completed

AUCKLAND, 29 October 2021 : NZME Limited (NZX: NZM, ASX: NZM) (“ NZME ”) is pleased to confirm that the sale of the GrabOne business to Global Marketplace New Zealand Limited (“ GMP ”) completed today as expected.

NZME will update on its capital management plan at its annual Investor Day planned for November 2021.

ENDS

Authorised by Michael Boggs, CEO.

For further information: David Mackrell Chief Financial Officer T: +64 21 311 911 Email: [email protected]