Spark NZ executives boost holdings through incentive schemes

Jolie Hodson, Spark NZ's chief executive, and John Wesley-Smith, strategy and regulatory director, each received new option grants on September 22, 2025. These grants are part of the company's Long Term Incentive (LTI) Scheme and Transformation Delivery Incentive (TDI) Scheme. These transactions, which are not cash-settled, reflect their continued service to Spark New Zealand. The options are exercisable for ordinary shares in Spark NZ.

Prior to these new grants, Hodson held 639,368 LTI options and 0 TDI options. The recent transactions added 382,596 LTI options and 102,026 TDI options, bringing her total potential holdings to 1,021,964 LTI options and 102,026 TDI options. Similarly, Wesley-Smith, who previously held 101,715 LTI options and 0 TDI options, now holds 170,973 LTI options and 34,629 TDI options after receiving 69,258 LTI options and 34,629 TDI options.

Both executives' registered holdings remain their legal ownership of the options and ordinary shares already held. These disclosures were made by Paige Howard-Smith, company secretary, on September 22, 2025.