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NZME FY24 guidance clarification

Guidance11 November 2024NZMCommunication Services

NZME Limited. 2-4 Graham Street, Private Bag 92198, Victoria Street West, Auckland.
1

NEW ZEALAND MEDIA AND ENTERTAINMENT

MARKET ANNOUNCEMENT


12 November 2024

NZME FY24 guidance clarification


AUCKLAND, 12 November 2024: NZME Limited (NZX: NZM, ASX: NZM) wishes to clarify a

sentence in the FY24 guidance released on 11 November 2024.


The sentence notes that the fourth quarter has started positively, and that advertising revenue for

FY24 is currently expected to grow by around 5% year on year. For clarity, this should state that

advertising revenue for the fourth quarter of FY24 is expected to grow by around 5% year on year.


This clarification does not change the guidance for EBITDA that was provided in the announcement

on 11 November 2024.


ENDS


Authorised by: Michael Boggs, Chief Executive Officer.


For further information please contact:


For media For investors


Kelly Gunn

GM Communications

+64 27 213 5625

kelly.gunn@nzme.co.nz


David Mackrell

Chief Financial Officer

+64 21 311 911

david.mackrell@nzme.co.nz

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