LGFA Cleansing Notice for Offer of 2032 Bond

NZX Announcement 01 October 2024 Notice pursuant to clause 20(1)(a) of schedule 8 of the Financial Markets Conduct Regulations 2014 New Zealand Local Government Funding Agency Limited ("LGFA") gives notice under clause 20(1)(a) of schedule 8 of the Financial Markets Conduct Regulations 2014 ("Regulations") that it proposes to make an offer for the issue of fixed rate sustainable financing bonds due 14 May 2032 ("Sustainable Financing Bonds") in reliance upon the exclusion in clause 19 of schedule 1 of the Financial Markets Conduct Act 2013 ("FMCA"). The main terms of the offer and the Sustainable Financing Bonds are set out in the attached Series Notice. The Sustainable Financing Bonds will have identical rights, privileges, limitations and conditions (except for the interest rate and/or maturity date) as LGFA's fixed rate sustainable financing bonds maturing on 15 May 2030 with an interest rate of 4.50% per annum, which are quoted on the NZX Debt Market under the ticker code LGF170 ("Quoted Sustainable Financing Bonds"). The Sustainable Financing Bonds are therefore of the same class as the Quoted Sustainable Financing Bonds for the purposes of the FMCA and the Regulations. The Quoted Sustainable Financing Bonds have been continuously quoted on the NZX Debt Market over the preceding 3 months. As at the date of this notice, LGFA is in compliance with: a)the continuous disclosure obligations that apply to it in relation to the Quoted Sustainable Financing Bonds; and b)its financial reporting obligations (as defined in the Regulations). As at the date of this notice, there is no excluded information required to be disclosed for the purposes of the Regulations. As at the date of this notice, there is no information that would be required to be disclosed under a continuous disclosure obligation or which would be excluded information required to be disclosed for the purposes of the Regulations if the Quoted Sustainable Financing Bonds had had the same redemption date or interest rate as the Sustainable Financing Bonds being offered (as applicable). ENDS For further information, please contact: Mark Butcher Chief Executive 04 974 6530