Further detail regarding revised Capital Management Policy

Spark New Zealand has revised its Capital Management Policy, designed to maintain its financial strength and flexibility.

The Board has committed to maintaining an investment grade credit rating with a debt to EBITDA ratio of 1.4 times, equating to 1.7 adjusted debt to EBITDA.

The revised policy is detailed in the FY22 Results Investor Presentation, and media and investor relations queries can be directed to the Corporate Relations and Sustainability Director and Head of Investor Relations respectively.