Ongoing Disclosure Notice

+A1:C58
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:
Spark New Zealand Limited (Spark
NZ)
Date this disclosure made:
25 September 2025
Date of last disclosure:
30 September 2024
Director or senior manager giving disclosure
Full name(s):
Matthew Bain
Name of listed issuer:
Spark NZ
Name of related body corporate (if applicable):
n/a
Position held in listed issuer:
Data and Marketing Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Ordinary shares in Spark NZ
Nature of the affected relevant interest(s):
1. Options to acquire ordinary
shares pursuant to the Spark New
Zealand Long Term Incentive (LTI)
Scheme
2. Options to acquire ordinary
shares pursuant to the Spark New
Zealand Transformation Delivery
Incentive (TDI) scheme
For that relevant interest-
Number held in class before acquisition or disposal:
1. 159,613 options
2. 0 options
Number held in class after acquisition or disposal:
1. 256,251 options
2. 48,319 options
Current registered holder(s):
N/A
Registered holder(s) once transfers are registered:
Matthew Bain
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
N/A
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative(if any):
N/A
The price specified in the terms of the derivative (if any):
N/A
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:
N/A
For that derivative,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the derivative, the nature of the relevant
interest in the derivative:
N/A
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
Two
Details of transactions requiring disclosure-
Date of transaction:
22 September 2025

Nature of transaction:
1. Issue of options to acquire
ordinary shares pursuant to the
Spark New Zealand LTI scheme
2. Issue of options to acquire
ordinary shares pursuant to the
Spark New Zealand TDI scheme
Name of any other party or parties to the transaction (if known):
N/A
The consideration, expressed in New Zealand dollars, paid or recieved 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:
1. Services as an employee of
Spark New Zealand
2. Services as an employee of
Spark New Zealand
Number of financial products to which the transaction related:
1. 96,638 options
2. 48,319 options
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 aquired or disposed of during a closed period:
No
Whether prior written clearance was provided to allow the aquisition or disposal to proceed
during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
Ordinary shares
Nature of relevant interest:
Legal ownership of options to
acquire ordinary shares pursuant to
the Spark New Zealand LTI
Scheme, legal ownership of options
to acquire ordinary shares pursuant
to the Spark New Zealand TDI
Scheme, beneficial ownership of
ordinary shares subject to
restrictions under the Spark NZ
Employee Share Purchase Scheme
and beneficial ownership of ordinary
shares
For that relevant interest,-
Number held in class:
256,251 options, 48,319 options,
1,620 ordinary shares subject to
restrictions under the Spark NZ
Employee Share Purchase Scheme
and 18,415 ordinary shares held by
Sharesies Nominee Limited
Current registered holder(s):
Matthew Bain, Sharesies Nominee
Limited
For a derivative relevant interest,-
Type of derivative:
N/A
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:N/A
Maturity date of the derivative (if any):N/A
Expiry date of the derivative (if any):N/A
The price's specified terms (if any):N/A
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:
N/A
For that derivative relevant interest,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the derivative, the nature of the relevant
interest in the derivative:
N/A
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:
25 September 2025
Name and title of authorised person:
Paige Howard-Smith, Company
Secretary
Notes
Use this form to disclose all the aquisitions and disposals by a director or senior manager
of a listed issuer, or of a related body corporate, or in specified derivatives. The disclosure
must be made within—
(a) 20 working days after the first aquisition or disposal disclosed in this notice
if the aquisitions or disposals are of a kind referred to in section 297(2)(a) of the Financial
Markets Conduct Act 2013; or
(b) in any other case, 5 trading days after the first aquisition or disposal
disclosed in this notice.