SKY NETWORK TELEVISION LIMITED. — Capital/Financing Update 2021

Mar 23, 2021

Sky New Zealand PO Box 9059 Newmarket Auckland 1149 New Zealand

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10 Panorama Road Mt Wellington Auckland 1060 New Zealand

T. +64 9 579 9999

24 March 2021

sky.co.nz

Sky confirms roll-out of Sky Broadband, designed to add value to Sky customers

Sky New Zealand has achieved the next milestone of its Sky Broadband promise, with targeted sales to Sky Box customers with fibre-ready homes starting today.

The new service offers high quality broadband, with lightning fast fibre (at up to 900/400Mbps) at $79 per month on a 12 month contract for Sky customers[1] .

Sky’s research has shown when broadband customers consider providers they look for four things – value, performance (speed, reliability and coverage), a single bill, and good service.

“New Zealanders told us the package and deal usually comes first, but a close second is customer service,” comments Sky Chief Executive Sophie Moloney. “We’re focused on delivering great service from our New Zealand-based Sky crew.”

“The opening offer is unlimited fibre with speeds up to 900Mbps, which is the level of broadband for ‘ultra-high users’. We know not all our customers’ needs are the same, particularly those with smaller homes or lighter broadband usage, and we will roll out additional plans soon.”

Sky Broadband has been tested with employees since September 2020 and customers since December 2020, and is now being offered to selected customers in fibre-ready homes before a wider roll-out.

Key features include:

• Lightning fast fibre: up to 900/400Mbps

• The latest equipment: WiFi 6 router/modem, and WiFi boosters if required

• Unlimited data with no cap

• Quality service: a fast, responsive, New Zealand based service.

Sky has partnered with Vocus New Zealand to provide the internet network, with Vocus providing technical expertise, network backhaul and associated services.

ENDS

Authorised for release by Sophie Moloney, Chief Executive.

1 Eligible Sky customers are those who subscribe to Sky Starter

For investor enquiries, please contact:

Amanda West Investor Relations P: +64 210 439 674 E: investor.relations@sky.co.nz

For media enquiries, please contact:

Chris Major Director of External Affairs P: +64 29 917 6127 E: chris.major@sky.co.nz

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