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Sale of GrabOne Completed

M&A29 October 2021NZMCommunication Services

MARKET ANNOUNCEMENT




29 October 2021




Sale of GrabOne Completed


AUCKLAND, 29 October 2021: NZME Limited (NZX: NZM, ASX: NZM) (“NZME”) is pleased

to confirm that the sale of the GrabOne business to Global Marketplace New Zealand Limited

(“GMP”) completed today as expected.


NZME will update on its capital management plan at its annual Investor Day planned for

November 2021.



ENDS


Authorised by Michael Boggs, CEO.


For further information:

David Mackrell

Chief Financial Officer

T: +64 21 311 911

Email: david.mackrell@nzme.co.nz

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