Spark issues new shares under employee purchase scheme

Spark New Zealand Limited has issued 738,024 new ordinary shares through its Employee Share Purchase Scheme. The shares were issued at NZD $2.119 per security. This issuance increases the total number of ordinary shares to 1,890,060,531, excluding any treasury stock.

The newly issued shares constitute 0.039% of the total class of financial products in existence prior to this capital change. The issuance was authorized by a board resolution dated August 19, 2025, and complies with NZX Listing Rule 4.6.1. The shares are held by a nominee of the Spark Share trustee for a restrictive period of at least three years, benefiting employee participants, and rank pari passu with existing ordinary shares.

The terms and restrictions of the issue are detailed in the Spark Share Offer Document and the Spark Share Trust Deed. The announcement, dated September 29, 2025, was authorized by company secretary Paige Howard-Smith.