Ongoing Disclosure Notice

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
NZME Limited (NZX: NZM)
Date this disclosure made:
31-May-24
Date of last disclosure:
3-Jan-24
Director or senior manager giving disclosure
Full name(s):
David Wylie Mackrell
Name of listed issuer:
NZME Limited
Name of related body corporate (if applicable):
Not applicable
Position held in listed issuer:
Chief Financial Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Ordinary shares in NZME Limited
(NZX: NZM)
Nature of the affected relevant interest(s):
Grant of performance share rights to
receive ordinary shares in NZME
Limited subject to a deferral period in
accordance with the terms of the
NZME 2024 Total Incentive Plan - LTI
For that relevant interest-
Number held in class before acquisition or disposal:
Not applicable as the performance
share rights do not constitute a class
of financial products.
Number held in class after acquisition or disposal:
Not applicable (as above).
Current registered holder(s):
Not applicable as a new issue.
Registered holder(s) once transfers are registered:
Not applicable as a new issue.
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Not applicable
Class of underlying financial products:
Not applicable
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
Not applicable
A statement as to whether the derivative is cash settled or physically settled:
Not applicable
Maturity date of the derivative (if any):
Not applicable
Expiry date of the derivative(if any):
Not applicable
The price specified in the terms of the derivative (if any):
Not applicable
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
Not applicable
For that derivative,-
Parties to the derivative:
Not applicable
If the director or senior manager is not a party to the derivative, the nature of the relevant
interest in the derivative:
Not applicable
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
One
Details of transactions requiring disclosure:
Date of transaction:
31-May-24

Nature of transaction:
Grant of 182,985 performance share
rights to receive ordinary shares in
NZME Limited under the NZME 2024
Total Incentive Plan - LTI
Name of any other party or parties to the transaction (if known):
NZME Limited
The consideration, expressed in New Zealand dollars, paid or received for the acquisition
or disposal. If the consideration was not in cash and cannot be readily by converted into a
cash value, describe the consideration:
Nil
Number of financial products to which the transaction related:
182,985 performance share rights,
which may convert on a one-for-one
basis to ordinary shares in NZME
Limited if they vest at the expiry of the
deferral period.
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
Yes
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
Not applicable as the issue of the
performance share rights is not
subject to closed period restrictions.
Date of the prior written clearance (if any):
Not applicable
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
Ordinary shares in NZME Limited
(NZX: NZM)
Nature of relevant interest:
1. Legal and beneficial interest in
ordinary shares in NZME Limited.
2. Beneficial interest in performance
share rights to receive ordinary shares
in NZME Limited pursuant to the
NZME 2021 Total Incentive Plan
3. Beneficial interest in performance
share rights to receive ordinary shares
in NZME Limited pursuant to the
NZME 2022 Total Incentive Plan - LTI
4. Beneficial interest in performance
share rights to receive ordinary shares
in NZME Limited pursuant to the
NZME 2023 Total Incentive Plan - LTI
5. Beneficial interest in performance
share rights to receive ordinary shares
in NZME Limited pursuant to the
NZME 2024 Total Incentive Plan - LTI
For that relevant interest,-
Number held in class:
1. 559,178
2. 240,651
3. 118,524
4. 148,747
5. 182,985
Current registered holder(s):
1. David Wylie Mackrell
2. Not applicable
3. Not applicable
4. Not applicable
5. Not applicable
For a derivative relevant interest,-
Type of derivative:
Not applicable
Details of derivative:
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
Not applicable
A statement as to whether the derivative is cash settled or physically settled:
Not applicable
Maturity date of the derivative (if any):
Not applicable
Expiry date of the derivative (if any):
Not applicable
The price's specified terms (if any):
Not applicable

Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
Not applicable
For that derivative relevant interest,-
Parties to the derivative:
Not applicable
If the director or senior manager is not a party to the derivative, the nature of the relevant
interest in the derivative:
Not applicable
Certification
I 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.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
31-May-24
Name and title of authorised person:
Genevieve O'Halloran, General
Counsel and Company Secretary