ANNUAL SHAREHOLDER

MEETING 2021

ORDER OF

MEETING

Introductions

Chair's Address

CEO's Review

Resolutions

Resolution Q&A

Conduct of Polls

General Q&A

PAGE 2

S P A R K

INTRODUCTIONS

  • Jolie Hodson, CEO
  • Alison Barrass
  • Charles Sitch
  • David Havercroft
  • Paul Berriman
  • Pip Greenwood
  • Warwick Bray
  • Ana Wight, Future Director

PAGE 3

S P A R K

S P A R K

PAGE 4

CHAIR'S

ADDRESS

RESILIENCE AND DISCIPLINE DRIVE STRONG PERFORMANCE

$3,593m

REVENUE(1)

(0.8%) decrease vs. FY20

$354m

CAPEX

(5.3%) decrease vs. FY20

$1,124m

EBITDAI(2)

1.0% increase vs. FY20

$433m

FREE CASH FLOW(4)

(1.1%) decrease vs. FY20

$384m

NPAT(3)

(8.6%) decrease vs. FY20

25.0c

TOTAL FY21 DIVIDEND

H2 FY21 Dividend confirmed at 12.5cps (100% imputed)

S P A R K PAGE 5

  1. Operating revenues and other gains
  2. Earnings before finance income and expense, income tax, depreciation, amortisation and net investment income (EBITDAI) is a non-Generally Accepted Accounting Practice performance measure that is defined and reconciled to net earnings in Spark New Zealand's Financial Statements
    (3)Prior year NPAT has been restated to reflect a reduction in NPAT of $7m for the amortisation of reacquired rights that were previously regarded as indefinite life and therefore not amortised
  1. The calculation of free cash flow is defined within the 'cash flows' worksheet of the FY21 detailed financials workbook - excludes $51m spectrum payment

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Spark New Zealand Ltd. published this content on 28 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2021 08:37:02 UTC.