Updated List of LGFA Guarantors 19 March 2025

NZX Announcement 19 March 2025 Please find attached an updated list of LGFA guarantors as at 19 March 2025. S&P Global Ratings yesterday lowered by one notch its ratings on 18 councils. Outlooks on three of these councils are negative. Outlooks on the remaining 15 councils are stable. The 18 councils are: Christchurch City Council Dunedin City Council Greater Wellington Regional Council Hamilton City Council Hastings District Council Hutt City Council Kapiti Coast District Council Marlborough District Council Nelson City Council New Plymouth District Council Palmerston North City Council Porirua City Council South Taranaki District Council Tasman District Council Taupo District Council Waimakariri District Council Wellington City Council Whanganui District Council ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark Butcher, Chief Executive. Telephone +64 4 974 6744 Email mark.butcher@lgfa.co.nz Website lgfa.co.nz