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GrabOne Sale Update

M&A17 October 2021NZMCommunication Services

MARKET ANNOUNCEMENT




15 October 2021




GrabOne Sale Update

AUCKLAND, 15 October 2021: NZME Limited (NZX: NZM, ASX: NZM) (“NZME”) has this

afternoon agreed to extend the period for satisfaction of the finance condition under the Sale

and Purchase Agreement with Global Marketplace New Zealand Limited (“GMP”) to Friday 22

October 2021.

NZME announced the sale of GrabOne to GMP for $17.5 million on 24 August 2021.


ENDS


Authorised by the Michael Boggs, Chief Executive Officer.


For further information:

David Mackrell

Chief Financial Officer

T: +64 21 311 911

Email: david.mackrell@nzme.co.nz

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