Notice of issue of shares under NZME’s Total Incentive Plan

Notice of issue of ordinary shares under NZME’s total incentive plan
This notice is given under the NZX Listing Rules 3.13.1 and 3.15.2 and relates to the exercise of performance
rights under the 2022 tranche of NZME’s total incentive plan – STI component (2022 STI TIP) pursuant to
which participants were issued performance rights which entitle them to receive fully paid ordinary shares in
NZME should certain criteria be met.
After the exercise of the performance rights detailed in this notice, there will be no further remaining
performance rights of that same class.
Section 1: Issuer information
Name of issuer NZME Limited
NZX ticker code NZM
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZNZME0001S0
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 254,131
Nominal value (if any) Not applicable
Issue/acquisition/redemption price per security Nil
Nature of the payment (for example, cash or other consideration) Upon the end of the one year
deferral period on 31
December 2023 for each
performance right under the
2022 STI TIP the holder is
entitled to one ordinary share
in NZME Limited (NZME) for
no cash payment.
Participants have elected to
receive 61% of the shares to
which they would otherwise
be entitled to reflect the tax
treatment of the 2022 STI
TIP. Further details of the
2022 STI TIP are included
within NZME’s annual report.
Amount paid up (if not in full)

Fully paid ordinary shares
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the number of Financial
Products of the Class, excluding any Treasury Stock, in existence)
0.1%
For an issue of Convertible Financial Products or Options, the principal
terms of Conversion (for example the Conversion price and Conversion
date and the ranking of the Financial Product in relation to other Classes
of Financial Product) or the Option (for example, the exercise price and
exercise date)
Not applicable

Reason for issue/acquisition/redemption and specific authority for
issue/acquisition/redemption/ (the reason for change must be identified
here)
Exercise of 254,131
performance rights under the
2022 STI TIP (see details
above) authorised by
Directors’ resolution dated 23
December 2023
Total number of Financial Products of the Class after the
issue/acquisition/redemption/Conversion (excluding Treasury Stock) and
the total number of Financial Products of the Class held as Treasury
Stock after the issue/acquisition/redemption.
186,680,461

No Treasury Stock held
In the case of an acquisition of shares, whether those shares are to be
held as treasury stock
N/A
Specific authority for the issue, acquisition, or redemption, including a
reference to the rule pursuant to which the issue, acquisition, or
redemption is made
Directors’ resolution dated 20
December 2023 pursuant to
NZX Listing Rule 4.6.1 and
4.9.1(b).
Terms or details of the issue, acquisition, or redemption (for example:
restrictions, escrow arrangements)
The shares issued are
quoted ordinary shares
ranking equally with the
existing ordinary shares on
issue of NZME
Date of issue/acquisition/redemption 3 January 2024
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement David Mackrell
Contact person for this announcement David Mackrell
Contact phone number 021 311 911
Contact email address David.mackrell@nzme.co.nz
Date of release through MAP 3 January 2024