Notification of Allotment of Securities

STOCK EXCHANGE ANNOUNCEMENT 19 September 2018 NOTIFICATION OF ALLOTMENT OF SECURITIES For the purposes of Listing Rule 7.12.1 of the NZX Main Board Listing Rules, Spark New Zealand Limited (Spark NZ) advises that the following securities have been issued pursuant to its CEO Performance Equity Scheme: 7.12.1 a) Class of Security Redeemable ordinary shares ISIN N/A b) Number of Securities issued 99,058 c) Issue price $3.9667 d) Payment terms Cash payment e) Amount paid up In full f) The principal terms of securities Unlisted redeemable ordinary shares having the same rights and terms as existing ordinary shares in Spark NZ, except that they are redeemable by Spark NZ in certain circumstances within 2 years of the issue date. The terms of the CEO Performance Equity Scheme are described in Spark NZ's Environment, Social & Governance Report for the year ended 30 June 2018 g) Percentage of total Class of Securities issued 51.89% h) Reason for issue Issue of shares under the CEO Performance Equity Scheme i) Authority for issue Shareholders resolution dated 6 November 2015 and Board resolution dated 21 August 2018 j) Terms of issue The shares cannot be transferred (and are redeemable by Spark NZ in certain circumstances) for a period of 2 years. After the 2 year period, the shares reclassify into quoted ordinary shares in Spark NZ k) Total number of Securities of Class after issue 191,016 l) Treasury Stock N/A m) Date of issue 19 September 2018 Yours faithfully Justine Gunn Acting Company Secretary End CA:00324085 For:SPK Type:SECISSUE Time:2018-09-19 15:32:30