SKY Network Television : presentation to NZX Retail Investor Webinar

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

only

other person give any warranties or representation (express or implied) as the to 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

neg igence) 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.

use

The Company has used the non-GAAP financial measures of Free Cash Flow and EBITDA when discussing financial performance, as the directors and management believe that these

m asures provide useful information on the underlying performance of the Company. Free Cash Flow is defined by the Company as net cash from operating activities, less net cash used in

investing activities less payments for lease liability principal. EBITDA is defined by the Company as earnings before income tax, interest expense, depreciation, amortisation and impairment,

unrealised gains and losses on currency and interest rate swaps. 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 ended 31 December 2021, or the audited consolidated financial statements for the year ended 30 June 2020, which are available 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,

ersonal

financial, tax or other advice.

2

NZX Retail Investor Webinar

2

8 March 2022

MATTERS

Our Customers

WHAT

MOST:

WHAT DO

We connect New Zealanders with the sport and

WE DO:

entertainment they love, in ways that work for them,

only

right across the country

WHAT

1

CUSTOMERS

2 CONTENT

3 PEOPLE

4 FINANCIAL

WE'RE

Nurture and grow

Be the preferred

Be a place where

Grow revenues

FOCUSING

useON:

our Sky Box and

partner for

our crew are

and reduce

ersonal

Streaming

rightsholders,

empowered to

operating costs

customers

content creators

do their best

and distributors

work

THE "BEDROCK"

1 Rapid and sustained execution, 2 Being an efficient, adaptive

OF OUR BUSINESS:

and enabling our people to

and profitable business

succeed

© SKY 2021

NZX RetailNZXRetailInvestorInvestorWebinarWebinar

3

8 March8September2022 2022

only

Significant Sky Box customer base



- Reliable satellite delivery able to reach 100%

of New Zealanders

use

- High tenure and average revenue

Established and growing Streaming business in



both Entertainment and Sport

 Strong content offering and aggregator

ersonal

position in the New Zealand market

Talented and passionate customer focused



NZXRetailInvestorWebinar

4

8 8S Marchptember20222022