WKSHA - Interest Rate Reset

Memorandum To: Market Participants From: NZX Product Operations Date: Monday, 16 June 2025 Subject: WKSHA – Interest Rate Reset Message: Further to the announcement made by Works Finance (NZ) Limited (“WKS”) today, NZX Operations (“NZXO”) advises that the interest rate payable on WKS preference shares (“WKSHA”) has been reset to 7.27% per annum, with effect from today, Monday, 16 June 2025. The interest rate reset will be reflected in our trading system from market open tomorrow, Tuesday, 17 June 2025. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS