Slides
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SPK-30 StrategyIt’s better with Spark For personal use only
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Chair’s address For personal use only
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Today’s agenda Greg Clark Lead in core connectivity Jolie Hodson Strategy overview Mark Beder Business connectivity Simplify and optimise beyond the core Renee Mateparae Better network Matt Bain Better customer experiences Stewart Taylor Enablers SPK-30 strategy ambitions Presentations from: For personal use only
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Digital and data-driven, everywhere Digital infrastructure fuelling growth Home of high-tech solutions Innovative, diverse, sustainable Customer iNPS of +41, outperforming FY26 target of +33 Maintained mobile and broadband market leadership Digitisation and AI investment supported ~20% reduction in call centre volumes Realised $356m in value from non-core assets1 TowerCo proceeds partly invested in data centres and 5G Standalone Up to $583m in DC Co proceeds and a 25% stake retained for long-term value creation Lower business spending impacted market for new tech investment Seeking investment partner for MATTR First 5G Standalone network in New Zealand in productisation, IoT delivered ~26% revenue CAGR Spark included in Dow Jones Best-In-Class Index (Australasia) Median gender pay gap reduced 5pp from FY21 to 23% (vs. target of 10pp by FY26) Overall engagement impacted by transformation, positive progress on broader culture measures SPK-26: where we aspired to be by FY26 SPK-26 was focused on growth in core markets, data centres, and high-tech solutions While progress was made against strategic priorities, changes in the economic environment impacted earnings performance and shareholder returns. ROIC reduced to 8.7%, which continues to outperform the majority of global peers. FY26 AmbitionFY25 Results 1. $309 million from Connexa transaction (net of transaction costs), $47 million from HTAL transaction SPK-30 4 For personal use only
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Inflationary environment with lower customer spending and population growth, driving greater levels of price competition in key markets. Generative AI enabling widespread adoption and new opportunities for productivity, customer experiences, and data centre capacity growth, while agentic AI rapidly maturing. What has changed since we set our last strategy Changed economic environment Accelerated and democratised AI SPK-30 5 For personal use only
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What we have done to respond Refocused on core connectivity for our customers Transformed operating model and scalable cost base Customer satisfaction at an all time high Refreshed mobile product and pricing Increasing brand investment 5G rollout at >50% population coverage US-based satellite provider in the second half of FY26 Introduced a simpler, leaner operating model Simplified non-core asset portfolio Established four global partnerships to accelerate AI, improve efficiency, and access global best-practice Delivered significant labour and opex reductions SPK-30 6 For personal use only
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Our strategic context ahead Connectivity is becoming more central to customers’ lives – driving ongoing demand for data Demand will continue to increase New tech brings new opportunities NZ economy remains subdued Competitive environment will continue to change Rapid AI advancements and new global partnerships provide an opportunity to do things differently Economic conditions predicted to remain subdued in the near term, while cyclical pressures expected to ease in time Ability to adapt organisation and cost base at pace critical to success SPK-30 7 For personal use only
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SPK-30 builds on our competitive advantages No.1 market share¹ Most reliable mobile network Most trusted brand in our sector ³ 99% 660k+ Broadband connections 2.6m+ Mobile connections 1,100+ Enterprise and government customers 110k+ SME customers of NZers reached by 4G network 2.2k+ 350MHz2.3m+ Connections to IoT network Mobile sites5 Highest value spectrum holdings data centre and subsea cable shareholdings Digital Infrastructure Leaders in the market Satisfied, loyal customers Significant and valuable asset base Strong return on investment in mobile and broadband with the widest coverage experience 2 1. Mobile service revenue market share and broadband connection market share sourced from IDC as at 30 June 2025 2. Opensignal Awards – “New Zealand: Mobile Network Experience Report, September 2024, based on independent analysis of mobile measurements recorded during the period June 1 – August 29, 2024© 2024 Opensignal Limited 3. TRA brand reputation monitor April-June 2025. 4. Interaction net promoter score 5. Includes Spark active equipment on 1,600 third party towers, 572 Rural Connectivity Group (RCG) towers and 90 small cells active at 30 June 2025 6. ROIC is calculated as net operating profit (EBITDAI less depreciation and amortisation) after tax (at 28%) as a percentage of Invested Capital (total debt including leases plus equity). Peers are comparable telecommunications companies 8.7% ROIC in FY25, outperforming most global peers6 Five year growth in customer satisfactionHigh customer loyalty in mobile base +40 iNPS4 SPK-30 8 For personal use only
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Technology and AI People and culture Financial discipline Sustainable Spark Lead in core connectivity Simplify and optimise beyond the core 1 2 Better network Better customer experiences It’s better with Spark To help all of New Zealand win big in a digital world Our Purpose Our Strategic ChoicesOur Ambition Our Enablers SPK-30 Strategy SPK-30 9 For personal use only
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It’s better with Spark Our ambition SPK-30 10 For personal use only
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Better network 25 10 9 6 93 100 80 60 40 20 0 92 86 82 91 Network Value Service Loyalty Other purchasing considerations 76 45 71 44 56 15 51 34 30 Better customer experiences Network quality attributes account for 4 of the top 5 most important considerations when a customer is choosing a provider Following network and value, customer experience is the next most important factor to customers when choosing a provider Source: Consumer Survey (Jun ’25), N = 4440 25 10 9 6 93 100 80 60 40 20 0 92 86 82 91 Network Value Service Loyalty Other purchasing considerations 76 45 71 44 56 15 51 34 30 25 10 9 6 93 100 80 60 40 20 0 92 86 82 91 Network Value Service Loyalty Other purchasing considerations 76 45 71 44 56 15 51 34 30 Grounded in what matters to our customers Value for money 25 10 9 6 93 100 80 60 40 20 0 92 86 82 91 Network Value Service Loyalty Other purchasing considerations 76 45 71 44 56 15 51 34 30 SPK-30 11 For personal use only
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Where we will invest for growth Mobile Cloud Broadband Procurement Lead in core connectivity Simplify and optimise beyond the core Business connectivity IT Services Fixed networks, IoT, collaboration, voice Service management and data and AI consulting Contributes 80% of Spark’s gross margin Spark the clear market leader in connectivity Connectivity products often bundled by customers Customer demand for data continues to grow Leading 5G Standalone investment creates new commercialisation opportunities Strengthen mobile market leadership Grow broadband bundling and wireless 5G Deliver advanced connectivity solutions Optimise for changing markets Simplify and exit legacy Leverage AI, automation, and global partnerships for efficiency and better customer experiences Contributes 20% of Spark’s gross margin Leading market positions in cloud and IT More fragmented competitive environment than connectivity Changing mix and demand impacting profitability In adjacent segments we will: Connectivity will be the #1 focus of future capital allocation OUR STRATEGIC CHOICESSTRATEGIC CONTEXT OUR STRATEGIC CHOICESSTRATEGIC CONTEXT SPK-30 12 For personal use only
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Data centre partnership creating shareholder value in short and long-term High quality data centre partner secured Pacific Equity Partners (PEP) partnership secures a funding pathway to build out the planned 130MW+ development pipeline Realising value in the short and long term Realises value in the short term, while enabling Spark to continue participating in the growing market through a 25% retained stake Strong multiple compared to similar transactions Transaction values ‘DC Co’ at $705m1, and represents an EV/EBITDA multiple of 30.8x2 based on FY25 pro-forma EBITDA Spark expects to receive initial cash proceeds of ~$486m3 at completion, with additional deferred cash proceeds of up to ~$98 million contingent on the achievement of performance-based objectives by the end of the CY27 (totaling ~$583m if the full earn-out is achieved) Enables capital investment focus on core business Proceeds will be used to reduce group net debt Once the transaction is complete and DC Co’s standalone funding facilities are in place, Spark’s annual capital contribution to fund the development pipeline is expected to be modest ‘DC Co’ created to hold all data centre assets and operations (including resource consents), funded through a mix of equity and debt at completion DC Co will have its own Board, management team, and debt financing facilities (non-recourse to Spark) Spark expects to spend $50m-$70m capex in H1 26 prior to assumed transaction completion date4 DC Co will be equity accounted from completion – estimated to be 1 January 20264 Earnings and cashflow generated by DC Co will be reinvested in the growth of the business 1. Headline enterprise value comprising base enterprise value of $575 million and up to a further $130 million of earn-out enterprise value 2. Assumes FY25 pro forma EBITDA of $22.9m for Spark data centre business within the transaction perimeter 3. Final net proceeds subject to completion adjustments 4. Timing is an estimate only. The transaction is subject to regulatory and customary consents including Overseas Investment Office approval, with a targeted completion date of 31 December 2025 DC Co – transaction features SPK-30 13 For personal use only
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Leading New Zealand data centre platform Significant development pipeline Attractive market dynamics Track record of securing global cloud contracts High quality customer relationships Strong focus on sustainability DC Co is well positioned to capture its share of this growth data centre facilities across NZ, with three scale AKL campuses hectares of development land owned or under agreement CAGR for NZ DC capacity demand over next five years 1 p.a. WALE3 of data centre revenue attributable to global cloud providers 2 Customers across International, Govt, Enterprise, SMEs Genesis Energy partnership providing access to renewable electricity built capacity with 88% contracted utilisation secured for Takanini Pod 3 and North Shore developments as New Zealand catches up to global trends for global cloud / content provider data centre contracts historic churn across data centre customer base renewable electricity to be matched to DC sites from FY264 11 7 32% ~270 ~1. 5 % 30% 10yr 23MW Resource Consents Cloud and AI driving demand 15yr 100% 1. Spark estimate 2. Recurring revenue as at H1 25 3. Based on a total contract value weighted average of remaining lease years for global cloud/content provider contracts as at 30 June 2025 4. The Genesis renewable energy partnership, and REC matching, is expected to cover all current sites with the exception of Takanini Pod 2 and the University of Waikato which are recent additions to the portfolio ~~ SPK-30 14 For personal use only
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Forecast demand is expected to grow ~8x over the next 10 years 1 52% Market demand (New Zealand MW) Gen AI workloads Traditional cloud Enterprise & Government 2035 CAGR2034203320322031203020292028202720262025 ~8x 17% 10% 112 155 226 295 368 448 527 610 694 779 864 1. Based on Spark estimates SPK-30 15 For personal use only
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Lead in core connectivity Our strategic choices For personal use only
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Lead in core connectivity Mobile Business connectivity #1 Focus The centre of our core is mobile, making it our priority for capital allocation. Focus on strengthening our market leadership. Focus on growing our position as the preferred connectivity provider for businesses, big and small, in New Zealand. Focus on bundling with mobile to improve retention, and growing wireless broadband as 5G rollout matures. Broadband SPK-30 17 For personal use only
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Mobile today 1. Based on Spark’s leading mobile service revenue market share, as measured by IDC as at 30 June 2025 2. As measured by IDC as at 30th June 2025 3. Mobile Virtual Network Operators offer mobile services by leasing network access from traditional mobile network operators rather than owning their own infrastructure 2.6m MVNO 85%#1 #1 High levels of customer loyalty in premium segments #1 mobile provider – 41.4% market share1 Mobile customers by connections in Enterprise and Government2 Consumer and SME accounts for >85% of mobile service revenue New MVNO platform launching early 2026 + > Mobile contributes: Revenue Unique two brand structure provides choice for customers Value Price 40%~ Gross margin 52%~ Spark is the #1 mobile provider in New Zealand 1 3 SPK-30 18 For personal use only
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Growing customer demand for data High levels of Spark customer loyalty in premium segments Consumer market growth linked to population growth Business mobile fleets reduced in line with workforces – connections stabilising and growth to return in line with improved economic conditions Ongoing business ARPU pressure in near term from intensified competitive pricing Rewarding and recognising customers Rewarding and recognising high-value, loyal customers to support retention and trade-up into higher value segments Meeting changing customer needs Product innovation delivering new functionality, digital experiences, and new technologies (inc. satellite) Strategic context FY30 focus Better network experiences where it matters most Directing our network investment to meet customers where they are Continued investment in value brand Skinny and business mobile to compete across all market segments More customer choice Mobile tomorrow SPK-30 19 For personal use only
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32% 59% #1 Easy Wireless Broadband (WBB) a convenient and mobile option for customers #1 in market – ~32% market share1 WBB 32% of broadband base WBB market share3 660k Broadband customers + 5G WBB delivers superior speeds to 4G WBB2 336 vs 63Mbps Broadband today 1. Based on Spark’s leading broadband connection market share, as measured by IDC as at 30 June 2025 2. June 2025 MBNZ report 3. As measured by IDC as at 31 March 2025 Spark is the #1 Broadband provider in New Zealand 1 Unique two brand structure provides choice for customers Value Price SPK-30 20 For personal use only
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Mature and commoditised market – growth expected to follow migration and housing development WBB delivers material margin benefits Tailwinds supporting WBB growth – with ongoing 5G rollout and spectrum re-farming post 3G exit boosting capacity Around 50% of Spark households bundle mobile and broadband – a growth and retention opportunity Better value for customers and retention for Spark through broadband and mobile bundling Better experiences for customers and margins for Spark as 5G rollout matures Strategic context Broadband tomorrow FY30 focus SPK-30 21 For personal use only
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1,10 0 99% 99% Spark has built New Zealand's first 5G Standalone network of New Zealanders reached by our IoT networks of NZers reached by 4G network, and >50% of the population reached by 5G network2 71 SME business hubs deliver high customer satisfaction scores1 Devices connected to our Internet of Things (IoT) networks of our business customer base purchase connectivity products and services Enterprise and government customers Small-medium business customers Business connectivity today 1. SME business hub interaction net promoter score increased 5 points in FY25 2. Towns with a population over 1,500 Spark is a leading connectivity provider for businesses in New Zealand 110 k ++ 2.37m + + 1st 80%~ SPK-30 22 For personal use only
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Business connectivity tomorrow Business connectivity continues to be a core foundational layer Customers are modernising their connectivity solutions Strong customer preference to purchase multiple connectivity products from one provider Strategic context FY30 focus Modernised customer solutions Transition customers from legacy to modernised solutions Advanced connectivity customer solutions New advanced connectivity solutions that solve complex business problems AI-enabled customer experiences Leveraging AI and automation to create easier digital self- service for customers SPK-30 23 For personal use only
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Simplify and optimise beyond the core Our strategic choices For personal use only
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Beyond the core – our business solutions today Cloud Public, private, and hybrid cloud solutions IT Services Service management and data and AI consulting Procurement Resale of hardware and software licenses Considered adjacent to core Leading market positions in cloud, IT Services, Data and AI Scale business compared to many global peers, with higher profitability More fragmented competitive environment than connectivity Changing mix and demand impacting profitability Strategic context SPK-30 25 For personal use only
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Leverage global partnerships to enhance service offerings and returns Simplify portfolios by sunsetting and exiting legacy offerings A focus on digital first, automated, and AI-enabled journeys and solutions Highly utilised and targeted professional services Beyond the core – our business solutions tomorrow Cloud IT Services Procurement SPK-30 26 For personal use only
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MATTR: solutions to securely prove identity and share trusted information, giving users control over their personal data with digital credentials. Spark has commenced a process to introduce new investors Cloud infrastructure: one of the largest private cloud operators in New Zealand, trusted to host and store workloads for SMEs, enterprise, and government customers Spectrum: 350MHz highest value spectrum holdings Active mobile assets: on 2,250+ mobile sites, providing 4G to 99% and 5G to >50% of the population IoT networks: largest dedicated IoT network, providing coverage to 99% of the population Data centre asset: 25% shareholding in DC Co, a leading data centre provider with a 130MW+ development pipeline1 National fibre routes: spanning ~9400km and connecting mobile network across 35 exchanges Entelar: field services for civil works, fibre and mobile networks; supply chain; and IT field services Subsea cables: connecting New Zealand to the world through our investment in Southern Cross which owns and operates high speed undersea cables between New Zealand, Australia, United States and the Pacific Islands, and the Tasman Global Access fibre-optic submarine cable between Australia and New Zealand Satellite: purpose-built Satellite Earth Station in Warkworth that supports Pacific and maritime connectivity International connectivity assetsDomestic connectivity assets Digital connectivity assets Extensive portfolio of valuable assets Valuable extensions to our networks that provide Spark with owner’s economics on high-growth routes Core assets provide competitive advantage in connectivity and network resilience Core assets. Retain and invest. Non-core assets. We will continue to consider ownership options over time. Businesses that operate in adjacent categories to core connectivity Our approach 1. Subject to completion of transaction SPK-30 27 For personal use only
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Better Network Our ambition For personal use only
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New value from advanced technologies Investing where it matters for our customers: network upgrades and expansion based on our customers’ real-world experiences using our network Proactively resolving network issues: leveraging our global partners to accelerate our use of AI, advanced analytics, and automation, to detect and resolve network issues proactively for our customers Uplifting regional resilience: improve redundancy through investment in regional coverage, self-healing networks, disaster recovery solutions and satellite connectivity New customer solutions: leverage leading 5G Standalone network investment to bring new capabilities to our business customers – such as network slicing and private networks New commercial models: participate in the global shift to create new commercial models for ‘Network as a service’ that are API-based and globally standardised Reliable and trusted network Grow our leadership in reliability and coverage: Create new commercialisation opportunities: Better network SPK-30 29 For personal use only
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Delivering customers the performance they need, whenever and wherever they need it Protecting our customers through proactive threat detection and network security monitoring tools Reliable connectivity Safe and secure Leveraging AI and automation to detect and resolve issues proactively, before our customers even know there’s a problem Proactive resolution Reliable and trusted network Resilient infrastructure Investing in regional digital infrastructure to improve redundancy and resilience Customer focused connectivity SPK-30 30 For personal use only
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Leveraging our position as the only telco with a 5G Standalone network in New Zealand New value from advanced technologies Dedicated network slices for prioritised services Ultra reliable, low-latency connectivity Broad range of use cases across sectors and businesses 5G private network underway with cargo and port customers Personalised and prioritised customer experiences Commercialisation opportunities New commercial models from Network-as-a-service and Network APIs Access new customers through global API aggregators Enables Spark to capture early demand from high value enterprise clients Ability to explore consumer use cases in future years SPK-30 31 For personal use only
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New commercialisation opportunities from global API aggregators Spark is the first New Zealand company to join global API aggregator Aduna Onward providers Spark creates standard APIs Initial focus on SIM swap detection and number verification APIs – supporting businesses to reduce fraud Aduna creates common APIs for entities running developer platforms (onward providers) Businesses and developers use APIs to build into their applications SPK-30 32 For personal use only
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Better customer experiences Our ambition For personal use only
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Deliver a consistent, reliable network usage experience for our customers – moving from reactive to proactive assistance There when it matters Upweight our focus on digital channel, automation, and AI investment to reduce friction and time to serve for our customers, and improve self-service capability and sales conversion Simple and easy to deal with I am valued Customers are recognised and rewarded through our products and services, communications, and experiences that differentiate us from the pack Better customer experiences SPK-30 34 For personal use only
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Evolving retail experiences Empowering frontline teams through AI Improve acquisition through spark.co.nz MySpark app – recognition and personalised offers Serving up the right offer to the right customer at the right time Automating customer self service and issue resolution Human assisted channels Our path to better customer experiences Powered by AI Digital channels SPK-30 35 For personal use only
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Spark a leader in AI and automation capability in New Zealand Strategy and talent Responsible AI Data capability Predictive models and Gen AI High-value use cases Enterprise-wide tech enablement Global partnerships Improved productivity: agentic AI tool, SparkGPT, an assistant for employees – providing rapid access to information and taking automated action to reduce manual work Scaling SparkGPT to reduce cycle time of key processes, improving speed and efficiency Augmenting care teams with Agentic AI agents that solve queries and issues faster – immediate focus on service and billing People Customers Network Shorter wait times: customer care teams enabled by call summarisation (saving ~ 1.5-2 mins per call) and AI assistants – answering ~20k team questions a month and reducing queries to back-office teams by 60% Faster to market: predictive models automating and personalising customer comms, reducing campaign-to-market time from weeks to hours, and identifying sales priorities to best serve customers and grow revenue Reduced resolution times: real-time network performance monitoring that detects anomalies, and advanced fault management that automates incident analysis and reduces customer experience impacts Scale network AI and automation – reducing manual fault handling by up to 30% Future FocusExisting AI capability SPK-30 36 For personal use only
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Our enablers Building a culture focused on customers and performance by growing engagement, investing in targeted capabilities, and empowering Spark through AI. Continuing to invest in the AI and technology that underpins our marketplace success and empowers our people. Delivering business value by supporting a better digital world that is low impact with high connectivity, and equitable and trusted. People and culture Technology and AI Sustainable Spark Financial discipline Disciplined capital and cost management, supporting improved shareholder returns. SPK-30 37 For personal use only
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Our plan for long-term value creation Revenue growth Predictable free cash flow Capital investment prioritised to network and customer experiences Growing dividends over time for our shareholders Efficiency Simplifying and optimising non-core New global partnerships bring scale advantages Lean operating model, AI investment, and cost management Disciplined capital management Customer demand for data and pricing driving mobile service revenue growth Focus on customer lifetime value across connectivity 5G Standalone investment supporting new monetisation opportunities SPK-30 38 For personal use only
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Capital Management Framework Focused on a strong balance sheet, targeting metrics consistent with current credit rating BAU Capex – used to sustain and grow the core business organically (excluding spectrum) Strategic Capex – capital investment outside the core business that meet Spark’s hurdle rates Investment and M&A for growth must meet hurdle rates Dividend payout ratio of 70-100% of Free Cash Flow (FCF) Dividend Reinvestment Plan utilised when appropriate, currently suspended Growth in return on invested capital Maintaining financial strength Investment and portfolio management Sustainable shareholder returns Free Cash Flow: Reported EBITDAI, less adjusting items and non-cash gains or losses; BAU Capex; interest costs; tax; lease costs; impact of changes in working capital, and excluding strategic and spectrum Capex Definitions: Strategic Capex: Capex that is allocated to key strategic projects outside the core business that is expected to meet specific return thresholds (for example, data centres) Hurdle rates: NPV positive and ROIC greater than cost of capital Long-run Capex to revenue ratio of 10-12% 1 2 3 SPK-30 39 For personal use only
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Our SPK-30 strategy ambitions SPK-30 For personal use only
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Our SPK-30 strategy ambitions FY30 Financial Ambition1 FY30 Non-Financial Ambition Productivity Customer EBITDAI Network Capex Employee Free cash flow Sustainability ROIC3 Annualised savings of $150m-$180m by FY30 (from FY24 baseline) >45+ iNPS (industry best practice) Low single digit CAGR from FY25-FY30 Maintain: Most reliable network, with widest coverage experience2 Capex to revenue ratio 10-12% Top quartile employee engagement Mid single digit CAGR from FY25-FY30 Reduce absolute scope 1 and 2 GHG emissions 56% by 2030 from a FY20 baseline year 1 1-13% by FY30 1. Note: Financial and non-financial ambitions should not be relied upon by investors as guidance. Annual guidance will be provided for each year at the FY results briefing 2. As awarded by Opensignal annually 3. ROIC is calculated as net operating profit (EBITDAI less depreciation and amortisation) after tax (at 28%) as a percentage of Invested Capital (total debt including leases plus equity) SPK-30 41 For personal use only
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More reasons for customers to join and stay loyal to Spark A performance driven culture, delivering great customer and people experiences Stable annuity-like returns, with predictable free cash flow and growing dividends over time for our shareholders Our new strategy: This creates This will deliver To grow competitive advantage and shareholder returns Refocuses Spark on our core business of connectivity – and in particular mobile – from a broader digital services ambition Prioritises capital allocation to our core business, as new data centre partnership provides clarity on development pipeline funding Is grounded in what matters most to our customers – our mobile network and customer experiences Future proofs a scalable cost base through partnerships and AI 1 2 3 4 Recap: SPK-30 strategy SPK-30 42 For personal use only
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Positive tailwinds driving connectivity growth Portfolio management supporting shareholder returns Proven track record of cost discipline and adaptation Leading market positions across all connectivity segments Stable, annuity-like returns and growing dividends over time Why Spark? Leading AI capability and global partnerships SPK-30 43 For personal use only
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Appendix SPK-30 44 For personal use only
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In our business Suppliers and partners Customers and communities Low-impact, high connectivity Equitable and trusted We will reduce our environmental impact and enable Aotearoa to do the same through technology Reduce our environmental impact, with a focus on efficiency and emissions reduction Engage our suppliers to address our upstream environmental impacts Support Aotearoa’s transition to a resilient, low-emissions future Deliver trusted digital products with a focus on privacy, data ethics, and responsible AI Engage our suppliers to identify and address social risks in their businesses Champion digital equity with a focus on access, skills, and wellbeing We will champion digital equity and build trust in our digital products and services KPI: Reduce Scope 1 and 2 emissions 56% and achieve 100% renewable electricity by FY30 KPI: 70% of suppliers by spend with science-based targets by 2026 (absolute scope 3 ambition to be established for FY30) KPI: maintain leading performance for reliability and coverage (as measured by Opensignal annually) KPI: Maintain top quartile performance in the WBA Digital Equity Benchmark KPI: Five annual JAC1 audits driving issue identification and remediation KPI: Extend the reach of our not-for-profit broadband service Skinny Jump A better digital world 1. Joint Alliance for Corporate Social Responsibility (JAC) SPK-30 45 For personal use only
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The information in this presentation has been prepared by Spark New Zealand Limited. The information in this announcement is provided for general purposes only and does not constitute financial, legal, tax, investment or other advice or a recommendation to purchase or invest in securities in Spark New Zealand. This announcement may include forward-looking statements about Spark New Zealand and the environment in which Spark New Zealand operates, including indications of, and guidance on, future events and financial performance. Such forward- looking statements are based on the beliefs of and assumptions made by management along with information currently available at the time such statements were made. Any forward-looking statements in this announcement are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond Spark New Zealand’s control, and which may cause actual results to differ materially from those projected in this announcement. Spark New Zealand gives no representation, warranty or assurance that actual results or performance will not materially differ from the forward-looking statements, and undue reliance should not be placed on such statements. Factors that could cause actual results or performance to differ materially from those expressed or implied in the forward-looking statements include the outcome of Spark New Zealand’s anticipated revenue growth and/or cost reduction strategies, economic conditions and the regulatory environment in New Zealand, competition in the markets in which Spark New Zealand operates, and other factors or trends affecting the industries in which Spark operates generally, along with the risks detailed in Spark New Zealand’s filings with NZX and ASX from time to time. Additionally, any forward-looking statements assume no material adverse events, significant one-off expenses, major accounting adjustments, other unforeseeable circumstances, or future acquisitions or divestments. Except as required by law or the listing rules of the stock exchanges on which Spark New Zealand is listed, Spark New Zealand is under no obligation to update any forward-looking statements whether as a result of new information, future events or otherwise. This presentation contains certain financial information and measures that are non-GAAP financial information. Although Spark New Zealand believes the non-GAAP financial information and financial measures provide useful information to users in measuring the financial performance and condition of Spark New Zealand, you are cautioned not to place undue reliance on any non-GAAP financial information or financial measures included in this presentation. Disclaimer SPK-30 46 For personal use only
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SPK-30 For personal use only