SKY NETWORK TELEVISION LIMITED. — Capital/Financing Update 2021

Mar 31, 2021

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Sky New Zealand PO Box 9059 Newmarket Auckland 1149 New Zealand 10 Panorama Road Mt Wellington Auckland 1060 New Zealand T. +64 9 579 9999 sky.co.nz

31 March 2021

Completion of OSB sale

Sky advises that the sale of Outside Broadcasting Limited (OSB) to NEP New Zealand is complete, effective today.

Sky Chief Executive Sophie Moloney said “With the sale of OSB now complete, we look forward to working in partnership with NEP through our new ten-year services agreement. The partnership ensures Sky will continue to deliver the best outside broadcast experiences to our customers whilst at the same time achieving increased capital efficiency within the business.”

ENDS

Authorised by: Sophie Moloney, Chief Executive Officer

For investor enquiries, please contact: For media enquiries, please contact:

Amanda West Chris Major Investor Relations Director of External Affairs P: +64 210 439 674 P: +64 29 917 6127 E: investor.relations@sky.co.nz E: chris.major@sky.co.nz