Sky provides update on satellite migration

14 February 2025 Sky provides update on satellite migration Further to its satellite update on 27 January 2025, Sky New Zealand is pleased to confirm positive progress on its programme to migrate to a new satellite. Key milestones and information include: - The new satellite is now successfully positioned at 160 degrees East, the same position as the existing D2 satellite. - Testing commenced on 12 February to ensure signal delivery on the satellite, with positive early results. Comprehensive testing, alongside updating of on-the-ground technology, will continue in the coming weeks ahead of the final migration. - Migration to the new satellite is on track for early April. - The new satellite, Koreasat 6, is owned and operated by KTSAT and has been contracted by Optus for use by Sky. - Sky continues to receive assurance of continuity of satellite services, including fuel supply, from Optus through to 2031.  Sky is releasing its Half Year Results on Friday 21 February and will provide a further update on the satellite migration programme at that time. This will include the technical adjustments made to the D2 satellite to mitigate issues being experienced by some customers while D2 is in inclined orbit, which have resulted in a significant reduction in the number of technical calls to Sky. Sky will also report on the successful implementation of an additional feature on the new Sky Box that eliminates rain fade for customers using the new Sky experience. With internet connectivity built into the new Sky Box, this feature seamlessly switches from satellite to internet delivery in the event of rain fade or other satellite disruptions, ensuring an uninterrupted viewing experience. Ends Authorised by: Kirstin Jones, Company Secretary Investor queries to: Amanda West Investor Relations Amanda.West@sky.co.nz +64 21 043 9674 Media queries to: Karina Healy Head of Corporate Communications Karina.Healy@sky.co.nz +64 21 085 08077