SPH Notice - Spheria Asset Management Pty Ltd

1
Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013
To NZX and ASX
and
To NZME Limited
Relevant event being disclosed: Decrease of greater than 1% move in substantial holding.
Date of relevant event: 31/03/2026
Date this disclosure made: 02/04/2026
Date last disclosure made: 25/03/2024
Substantial product holder(s) giving disclosure
Full name(s): Spheria Asset Management Pty Ltd
Summary of substantial holding
Class of quoted voting products: Ordinary Shares
Summary for Spheria Asset Management Pty Ltd
For this disclosure,—
(a) total number held in class: 27,722,823
(b) total in class: 188,181,618
(c) total percentage held in class: 14.7320%
For last disclosure,—
(a) total number held in class: 35,702,300
(b) total in class: 186,680,461
(c) total percentage held in class: 19.1248%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: Refer to Annexure A
Details after relevant event
Details for Spheria Asset Management Pty Limited
Nature of relevant interest(s): Spheria Asset Management Pty Ltd in its capacity as
investment manager has the power to control voting and/or disposal of securities.
For that relevant interest,—
(a) number held in class: 27,722,823

2
(b) percentage held in class: 14.7320%
(c) current registered holder(s):
Holder of relevant
interest
Registered holder of
securities
Number of
securities
Class of
securities
Person's
votes
Spheria Asset Management BNP Paribas 1,324,098 Ordinary fully
paid
1,324,098
Spheria Asset Management Citicorp Nominees Pty
Limited
20,143,934 Ordinary fully
paid
20,143,934
Spheria Asset Management Northern Trust 6,254,791 Ordinary fully
paid
6,254,791

(d) registered holder(s) once transfers are registered: N/A
For a derivative relevant interest, also—
(a) type of derivative: N/A
(b) details of derivative: N/A
(c) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative: N/A
Additional information
Address(es) of substantial product holder(s): Level 19, 307 Queen St, Brisbane QLD
4000, Australia
Contact details: Matthew Booker, +61 2 8089 3202, Matthew.Booker@spheria.com.au
Certification


I, Matthew Booker, 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.

NZME LTDAnnexure ADate of change
Person whose relevant interest changed
Nature of change
Class of Securities
Number of
securities
Person's votes affected
Cash
Non-cash
27/06/2024 Spheria Asset
Management
Purchase
705,917.45
$
ORDINARY FULLY PAID
746,651

746,651

04/09/2024 As above
Purchase
720,514.23
$
ORDINARY FULLY PAID
746,651

746,651

04/09/2024 As above
Sale
720,514.23
-$
ORDINARY FULLY PAID
746,651
-
746,651
-
15/11/2024 As above
In-specie transfer out
1,663,673.81
-$
ORDINARY FULLY PAID
1,589,143
-
1,589,143
-
21/11/2024 As above
Purchase
1,595,914.50
$
ORDINARY FULLY PAID
1,536,328

1,536,328

16/12/2024 As above
Purchase
278,762.86
$
ORDINARY FULLY PAID
265,047

265,047

16/12/2024 As above
Sale
278,762.86
-$
ORDINARY FULLY PAID
265,047
-
265,047
-
20/12/2024 As above
Purchase
230,604.68
$
ORDINARY FULLY PAID
213,062

213,062

20/12/2024 As above
Sale
230,604.68
-$
ORDINARY FULLY PAID
213,062
-
213,062
-
23/12/2024 As above
Purchase
191,575.94
$
ORDINARY FULLY PAID
175,849

175,849

06/03/2026 As above
Purchase
4,481,340.27
$
ORDINARY FULLY PAID
3,892,239

3,892,239

06/03/2026 As above
Sale
4,481,340.27
-$
ORDINARY FULLY PAID
3,892,239
-
3,892,239
-
16/03/2026 As above
Sale
301,309.66
-$
ORDINARY FULLY PAID
267,734
-
267,734
-
26/03/2026 As above
Sale
1,980,679.67
-$
ORDINARY FULLY PAID
1,780,123
-
1,780,123
-
31/03/2026 As above
In-specie transfer out
7,229,005.06
-$
ORDINARY FULLY PAID
6,801,305
-
6,801,305
-
Matthew BookerDirectorDate: 02/04/2026
Consideration (NZD)