Performance Share Rights Exercised

Template
Capital Change Notice

Updated as at February 2025


Section 1: Issuer information
Name of issuer Sky Network Television Limited (Sky)
NZX ticker code SKT
Class of financial product Ordinary shares
ISIN (If unknown, check on NZX website) NZSKTE0001S6
Currency NZD
Section 2: Capital change details
Number issued 282,159
Nominal value (if any) Not applicable
Issue/acquisition/redemption price per security $0.00
Nature of the payment (for example, cash or other
consideration)
Upon the vesting and exercise of
performance share rights under the FY24
grant of Sky’s Long Term Incentive Plan
(LTIP), the holder is entitled to one
ordinary share in Sky, subject to
adjustment in accordance with the LTIP
rules, for each eligible performance share
right exercised for nil cash payment.
Further details are included within Sky’s
annual reports.
Amount paid up (if not in full) Not applicable
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)
1

0.2049%
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)
Vesting of 282,159 of performance share
rights issued under Sky’s Long Term
Incentive Plan (2024)
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.
137,957,169 ordinary shares

0 performance share rights of the same
Class from the FY24 grant remain on
issue
In the case of an acquisition of shares, whether
those shares are to be held as treasury stock
Not applicable

1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

Specific authority for the issue, acquisition, or
redemption, including a reference to the rule
pursuant to which the issue, acquisition, or
redemption is made
Approved by board resolution and issued
under Listing Rule 4.6.1 and Listing Rule
4.9.1(b)
Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
The ordinary shares issued rank pari
passu with the existing ordinary shares on
issue.
Date of issue/acquisition/redemption 22 September 2026
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this
announcement
Kirstin Jones
Contact person for this announcement Kirstin Jones
Contact phone number 021 673 795
Contact email address Kirstin.Jones@sky.co.nz
Date of release through MAP

22 September 2026