New Zealand & Singapore Exchange sign MOU

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7 March 2018

New Zealand & Singapore Exchange sign MOU

New Zealand’s Exchange (NZX) and Singapore Exchange (SGX) have signed a Memorandum
of Understanding (MOU) to expand co-operation in Asia-Pacific markets.

NZX Chairman James Miller commented: “As part of NZX’s refreshed strategy we made a
strategic decision to shift our focus away from the regional stock exchange model, instead
focusing on creating strong partnerships with global exchanges who are committed to
generating opportunities for investors and issuers in their respective markets.”

“This MOU represents a further step change for NZX, and we look forward to working with SGX
to keep growing our leadership role in the Asia-Pacific region.”

SGX Chairman Kwa Chong Seng said: “International collaborations will further SGX’s position
as a leading global exchange and financial hub in Asia. We are pleased to work with NZX on
areas of opportunities spanning both our securities and derivatives markets.”

Under the terms of the memorandum, NZX and SGX will promote market development
initiatives across a range of areas including the promotion of derivatives products, dual and
secondary listings, exchange traded funds and investor participation. The exchanges will also
share relevant information as required and partner on green finance and sustainability
initiatives.

About Singapore Exchange (SGX)
Singapore Exchange is Asia’s leading and trusted market infrastructure, operating equity, fixed
income and derivatives markets to the highest regulatory standards. As Asia’s most
international, multi-asset exchange, SGX provides listing, trading, clearing, settlement,
depository and data services, with about 40% of listed companies and 75% of listed bonds
originating outside of Singapore.

SGX is the world’s most liquid offshore market for the benchmark equity indices of China, India,
Japan and ASEAN and offers commodities and currency derivatives products. Headquartered in
AAA-rated Singapore, SGX is globally recognised for its risk management and clearing
capabilities. For more information, please visit: www.sgx.com

About New Zealand’s Exchange (NZX)
NZX is at its core a markets business operating equity, debt, derivatives and energy markets.
As New Zealand’s exchange we are passionate about working with our customers and
stakeholders to grow the markets operated by NZX, which generate wealth integral to New
Zealanders’ prosperity, and New Zealand companies getting ahead. To support the
development of our core markets, we provide trading, clearing, settlement, depository and data
services. To ensure we are well connected to New Zealand investors, NZX owns Smartshares,
New Zealand’s only issuer of listed Exchange Traded Funds, and KiwiSaver provider SuperLife.
For more information, please visit: www.nzx.com

For further information, please contact:

NZX
Hannah Lynch
Head of Communications
T: +64 9 308 3710
M: +64 21 252 8990
E: hannah.lynch@nzx.com

SGX
Chin May Nah
Marketing & Communications
T: (65) 6713 6327
maynah.chin@sgx.com