NZME extends term of bank facilities

NZME extends term of bank facilities AUCKLAND, 12 December 2022: NZME Limited (NZX: NZM, ASX: NZM) ("NZME") is pleased to announce that it has agreed terms to extend its existing debt facilities to 31 January 2026. The current terms of the facilities with Westpac New Zealand Limited and Commonwealth Bank of Australia were due to expire on 1 July 2023. The new facilities limit of $50m is the same as the previous facilities and provides the Company committed access to funding for the next three years. This provides significant headroom over the current net debt position. ENDS Authorised by Michael Boggs, Chief Executive Officer. For further information: Investors David Mackrell Chief Financial Officer +64 21 311 911 david.mackrell@nzme.co.nz Media Kelly Gunn GM Communications +64 27 213 5625 kelly.gunn@nzme.co.nz End CA:00403868 For:NZM Type:MKTUPDTE Time:2022-12-12 08:30:35