Sky presents at ASX CEO Connect

Sky New Zealand
PO Box 9059
Newmarket
Auckland 1149
New Zealand

10 Panorama Road
Mt Wellington
Auckland 1060
New Zealand
T. +64 9 579 9999
sky.co.nz








3 June 2025

Sky Presents at ASX CEO Connect
Sky’s Chief Executive Sophie Moloney will give the attached presentation at the ASX CEO Connect
seminar today.


Authorised by: Kirstin Jones, Company Secretary


Investor queries to:
Amanda West
Head of Investor Relations and Corporate
Sustainability
Amanda.West@sky.co.nz

---

© SKY 2023P
1

© SKY 2021
Disclaimer
This presentation has been prepared by Sky Network Television Limited and its group of companies (“the Company”) for informational purposes. This disclaimer applies to this
document and the verbal or written comments of any person presenting it.
Information in this presentation has been prepared by the Company with due care and attention. However, neither the Company nor any of its directors, employees, shareholders
nor any other person give any warranties or representation (express or implied) as the accuracy or completeness of this information. To the maximum extent permitted by law, none
of the Company, its directors, employees, shareholders or any other person shall have any liability whatsoever to any person for any loss (including, without limitation, arising from
any fault or negligence) arising from this presentation or any information supplied in connection with it.
This presentation may contain projections or forward-looking statements regarding a variety of items. Such projections or forward-looking statements are based on current
expectations, estimates and assumptions and are subject to a number of risks, and uncertainties, including material adverse events, significant one-off expenses and other
unforeseeable circumstances. There is no assurance that results contemplated in any of these projections and forward-looking statements will be realised, nor is there any
assurance that the expectations, estimates and assumptions underpinning those projections or forward-looking statements are reasonable. Actual results may differ materially from
those projected in this presentation. No person is under any obligation to update this presentation at any time after its release or to provide you with further information about the
Company.
You should not consider this in isolation from, or as a substitute for, the information provided in the unaudited consolidated financial statements for the six months 31 December
2024, which form part of the Company’s 2025 Interim Report at https://www.sky.co.nz/investor-centre/results-and-reports.
The information in this presentation is of a general nature and does not constitute financial product advice, investment advice or any recommendation. The presentation does not
constitute an offer to sell, or a solicitation of an offer to buy, any security and may not be relied upon in connection with the purchase or sale of any security. Nothing in this
presentation constitutes legal, financial, tax or other advice.
Page 2 ASX CEO Connect | 3 June 2025

An engaging and essential NZ media company
Connecting New Zealanders with the sport and entertainment they love
in ways that work for them
2.028m
households
1
5.357m
New Zealanders
1
Sky Box/Sky PodStreaming
SUBSCRIPTION SERVICES
BroadbandCommercial
1. Stats NZ, Household income and housing-cost statistics: Year ended June 2024.. 2. Source Nielsen TAM, AP5+ Sky/Sky Open reach 2024.
Sky reaches close to
9 in 10
New Zealanders each month
across our multi-platform
services
2
FREE-TO-ACCESSADVERTISING
Page 3 ASX CEO Connect | 3 June 2025
New Zealand has experienced a challenging economic
period. Notwithstanding some revenue softness, Sky
remains in a strong position.

Notwithstanding economic headwinds Sky is in a
strong position
Page 4 ASX CEO Connect | 3 June 2025
•Multi-product, high value customer base
•Unrivalled sport and entertainment bundle
•Significant data advantage
•No debt and $100m undrawn facility
•Delivering strong yield and dividend growth

OUR ENDURING COMMITMENT
A responsible and sustainably profitable, NZ-focused business
Share stories. Share possibilities. Share joy.
Page 5 ASX CEO Connect | 3 June 2025
How Sky creates value
Making Sky a great
place to work
Giving customers
content they love
Meeting customers
where they are
Giving customers the
experience they
expect
Providing innovative
solutions for partners
and clients
OUR STRATEGIC PATHWAYS
TobeAotearoa NewZealand’smostengagingand essentialmediacompany
OUR AMBITION
OUR PURPOSE

© SKY 2021
Commercial
2.4 Million
VIEWERS
MONTHLY
1
1.9 Million
VIEWERS
MONTHLY
3
1 Million
VIEWERS
MONTHLY
2
6k VENUES
42k HOTEL ROOMS
2.6 Million
FOLLOWERS
4
ACROSS CHANNELS
Multi-platform strategy a competitive advantage
Providing choice for customers and maximising the value of
unrivalled content
1: Nielsen TAM, AP5+, Sky Pay, Average Monthly Reach, July to Dec 2024, Consolidated data. 2.Nielsen CMI Q4 2023 – Q3 20243.Nielsen TAM, AP5+, Sky Open Network,
Average Monthly reach July to Dec 2024, Consolidated data. 4. Sprout Social Report
Sky Social Media
Free to Air
Sky Box and Sky Pod
Streaming
Page 6 ASX CEO Connect | 3 June 2025

© SKY 2021
Sky is New Zealand’s unrivalled #1 in sport
The biggest bundle of high-value local and global sport
No one else comes close to offering the quality
and depth of sport available on Sky
Exceptional value for sport fans in a single
subscription
No regulated free-to-air obligations
Page 7 ASX CEO Connect | 3 June 2025

Page 8 ASX CEO Connect | 3 June 2025
The unmatched power of Sky’s sport bundle
The aggregation premium of the bundle belongs to shareholders
Customers
Content
Partners
Advertisers
Sky’s
unrivalled content
bundle
All your best sport in one place
Be where
the fans
are
Be where
attention is
highest
Secured through long term agreements
and hedged by content breadth and
staggered renewals
Data shows customers watch a variety of
sports, minimising Sky’s risk exposure and
increasing the value of the bundle
Best choice for content partners to engage
with NZ’s sports fans
Highest attention content, valued by
advertisers and brands

© SKY 2021
Movies
Factual
Shows
Entertainment content enhances the value of the bundle
Quality and breadth that keeps customers engaged
Sky Originals
News
Kids
Page 9 ASX CEO Connect | 3 June 2025
A strong line up from global and local
partners and Sky Originals productions
Exclusive releases, perennial favourites, deep
library, and 24-7 news channels
Entertainment makes up a high proportion
of sports fans viewing

© SKY 2021
Our viewership data is powerful and unmatched
Driving value based content investment and engagement strategies
Page 10 ASX CEO Connect | 3 June 2025
Rich data unlocks our ability to:
-Optimise content investment
-Deepen customer engagement
and personalise the experience
-Respond to emerging
opportunties

© SKY 2021
Strong dividend yield, decisive capital management
Sustainable free cash flow is funding dividend growth
Dividend growth
8.0% cash yield
1
Paying 60% to 90% of FCF
2
Supplementary dividends
paid to offshore investors
Capital
management
$92m
Capital Returned
3
share cancellation ($70m)
share buybacks ($22m)
No debt
$100m
Undrawn facility
1. Based on FY25 guidance of at least 21cps (fully imputed for NZ shareholders, tax paid via supplementary dividend for
Australian shareholders) and 29 May 2025 close price of $2.61. 2. Free Cash Flow is defined as net cash from operating
activities, less capex, less payments for lease liability principal, excluding one-off items. One off items include material
acquisition or disposal of assets, transformation costs and impacts of satellite migration project. 3. Since Nov-22.
6.0
7.0
8.4
7.3
9.0
12.0
7.3
15.0
19.0
At least
21.0
30.0
FY22FY23FY24FY25FY26
Delivering Dividend Growth (cps)
InterimFinal
Guidance
Target
8.5
Page 11 ASX CEO Connect | 3 June 2025

Page 12 ASX CEO Connect | 3 June 2025
Page 12 ASX CEO Connect | 3 June 2025
ASX / NZX: SKT
Further information:
E: investorrelations@Sky.co.nz