SKY NETWORK TELEVISION LIMITED. — Major Shareholding Notification 2021

Sep 1, 2021

Disclosure of beginning to have substantial holding

Section 276, Financial Markets Conduct Act 2013

To ASX and NZX

and

To SKY NETWORK TELEVISION LIMITED (SKT)

Date this disclosure made: 31/08/2021

Date on which substantial holding began: 27/08/2021

Substantial product holder(s) giving disclosure

Full name(s): OSMIUM PARTNERS, LLC

Summary of substantial holding

Class of quoted voting products: ORDINARY SHARES

Summary for OSMIUM PARTNERS, LLC

For this disclosure,—

• (a) total number held in class: 99,566,028

• (b) total in class: 1,746,879,558

• (c) total percentage held in class: 5.7%

Details of relevant interests

Details for OSMIUM PARTNERS, LLC

Nature of relevant interest(s): OSMIUM PARTNERS, LLC IS THE FUND MANAGER AND GENERAL PARTNER OF OSMIUM CAPITAL, LP, OSMIUM CAPITAL II, LP, OSMIUM SPARTAN, LP, AND OSMIUM DIAMOND, LP (THE FUNDS). JOHN H. LEWIS IS THE MANAGING MEMBER OF OSMIUM PARTNERS, LLC.

	(C)	(A)	(B)
SUBSTANTIAL PRODUCT HOLDEROF RELEVANT INTEREST	CURRENT REGISTEREDHOLDER OF SECURITIES	NUMBER OF ORDINARYSHARES HELD	PERCENTAGE HELDIN CLASS
OSMIUM PARTNERS,LLC	OSMIUM CAPITAL,LP	48,889,852	2.799%
OSMIUM PARTNERS,LLC	OSMIUM CAPITAL II,LP	19,877,950	1.138%
OSMIUM PARTNERS,LLC	OSMIUM SPARTAN,LP	10,584,165	0.606%
OSMIUM PARTNERS,LLC	OSMIUM DIAMOND,LP	20,214,061	1.157%
	TOTAL	99,566,028	5.700%

For that relevant interest,—

• (a) number held in class: Please reference table above

• (b) percentage held in class: Please reference table above

• (c) current registered holder(s): Please reference table above

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• (d) registered holder(s) once transfers are registered: N/A

For a derivative relevant interest, also—

• (a) type of derivative: N/A

• (b) details of derivative: N/A

• (c) parties to the derivative: N/A

• (d) if the substantial product holder is not a party to the derivative, the nature of the relevant interest in the derivative: N/A

Details of transactions and events giving rise to substantial holding

Details of the transactions or other events requiring disclosure: On 27/08/2021, Osmium Partners LLC acquired a greater than 5% interest in SKY Television Limited (SKT). Please see details below:

SUBSTANTIAL PRODUCT OFRELEVANT INTEREST	TRANSACTION DATES	CASH CONSIDERATION	NUMBER OFORDINARY SHARES
OSMIUM PARTNERS,LLC	29/04/2021 - 31/08/2021	AUD$2,258,816	13,906,923
OSMIUM PARTNERS,LLC	06/05/2021 - 31/08/2021	NZD$14,615,375	85,659,105

Additional information

Address(es) of substantial product holder(s): 300 DRAKES LANDING RD. SUITE #172, GREENBRAE, CA 94904, USA

Contact details: JOHN H. LEWIS; 415-785-4044; JL@OSMIUMPARTNERS.COM

*Nature of connection between substantial product holders: N/A

*Omit if disclosure is made for only 1 substantial product holder.

Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: N/A

*Disclosure has effect for purposes of directors’ and senior managers’ disclosure N/A

*Omit if inapplicable (see section 302 of the Financial Markets Conduct Act 2013).

Certification

I, John H Lewis , certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made.

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