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Update to Shareholders

13/03/2025, 20:31 Coordinated Universal Time, ADMIN

Update to Shareholders Please see letter to shareholders attached. ENDS Authorised by Barbara Chapman, Chairman. For further information: Media Kelly Gunn GM Communications +64 27 213 5625 kelly.gunn@nzme.co.nz Investors David Mackrell Chief Financial Officer +64 21 311 911 david.mackrell@nzme.co.nz