Update on NZME acquisition of BusinessDesk

MARKET ANNOUNCEMENT 20 December 2021 Update on NZME acquisition of BusinessDesk AUCKLAND, 20 December 2021: NZME Limited (NZX: NZM, ASX: NZM) ("NZME") is pleased to advise that the procedural conditions for the acquisition of BusinessDesk have now been satisfied and the transaction is expected to complete in mid January 2022. The transaction remains subject to the condition that no material adverse event occurs prior to completion. ENDS Authorised by Michael Boggs, CEO. For further information: David Mackrell Chief Financial Officer T: +64 21 311 911 Email: david.mackrell@nzme.co.nz End CA:00385058 For:NZM Type:TRANSACT Time:2021-12-20 14:42:14