SPH Notice – REPERTOIRE PARTNERS LP

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Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To ASX and NZX
and
To NZME Limited (NZM)
Date this disclosure made: 25/02/2022
Date on which substantial holding began: 23/02/2022
Substantial product holder(s) giving disclosure
Full name(s): REPERTOIRE PARTNERS LP
Summary of substantial holding
Class of quoted voting products: ORDINARY SHARES
Summary for REPERTOIRE PARTNERS LP
For this disclosure,—
(a) total number held in class: 10,358,266 (24,218,956 incl. cash-settled swaps)
(b) total in class: 197,570,061
(c) total percentage held in class: 5.243% (12.259% incl. cash-settled swaps)

Details of relevant interests

Repertoire Partners LP (“Repertoire”) is the investment manager of Repertoire
Master Fund LP (the “Fund”), and Deepak Sarpangal is the Managing Partner of
Repertoire.
Nature of relevant interest(s): Deemed relative interest in ordinary shares and derivative
relevant interest over quoted underlying based on ownership percentage.
For that relevant interest,—
(a) number held in class:
Ordinary shares: 10,358,266
Derivative: 13,860,690
Total: 24,218,956
(b) percentage held in class:
Ordinary shares: 5.243%
Derivative: 7.016%
Total: 12.259%
(c) current registered holder(s): UBS Group AG and its related bodies corporate

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(d) registered holder(s) once transfers are registered: Not applicable
For a derivative relevant interest, also—
(a) type of derivative: equity swap
(b) details of derivative: These derivatives are all cash settled, and the notional number
of underlying shares is 13,860,690.
(c) parties to the derivative: Repertoire Partners LP, Repertoire Master Fund LP, UBS
Group AG
(d) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative: Not applicable
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: On 23/02/2022
Repertoire Partners LP acquired a greater than 5% voting interest in NZME
Limited (NZM). Please see details below:
On market acquisitions (no dispositions) over the preceding four months (including
transaction dates from 29/10/2022-23/02/2022) in aggregate comprised 6,979,801
ordinary shares purchased for cash consideration of AUD$9,217,233.
Additional information
Address(es) of substantial product holder(s): 31 Hudson Yards, 11
th
Floor, Suite 43, New
York, NY 10001; 345 California Street, Suite 600, San Francisco, CA 94104
Contact details: Deepak Sarpangal, Managing Partner, Repertoire Partners LP; 415-677-
7050; info@repertoirepartners.com
*Nature of connection between substantial product holders: Not applicable
*Omit if disclosure is made for only 1 substantial product holder
Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the financial
products to which this disclosure relates: Not applicable
Certification
I, Deepak Sarpangal, certify that, to the best of my knowledge and belief, the
information contained in this disclosure is correct and that I am duly authorised to make
this disclosure by all persons for whom it is made.