NZX Subordinated Notes – Election Process Invitation

NZX Limited ("NZX") has decided to run an election process for its unsecured, subordinated notes ("Subordinated Notes") (NZX010) prior to the first election date (Tuesday, 20 June 2023 ("Election Date").

Please find the following materials attached:

- Election Process Invitation and indicative pricing announcement
- Election Process Invitation and Holder Response form
- Holder letter
- Indicative Terms Sheet
- Investor Presentation