Announcement of LGFA Bond Repurchase Tender 1

NZX Announcement 13 May 2025 ANNOUNCEMENT OF LGFA BOND REPURCHASE TENDER 1 New Zealand Local Government Funding Agency Limited (NZX:LGF) announces details of Bond Repurchase Tender 1: Tender date: 14 May 2025 Offers open on Yieldbroker: 11.45am Offers close on Yieldbroker: 12.00pm Results: Available from 12.05pm on the tender date on the LGFA website https://www.lgfa.co.nz/bonds/repurchases#results. If no offers are received, no repurchase notice will be published on NZX. Settlement Date: 19 May 2025 LGFA Bonds Intended to be Repurchased Ticker Code: LGF120 ISIN: NZLGFDT014C0 Maturity Date: 15 April 2026 Coupon: 1.50% Maximum Amount Offered for Repurchase: NZD 75,000,000 LGFA reserves the right to accept oversubscriptions in any maturity offered for repurchase, of up to 50 per cent of the amount offered for tender in that maturity. This is subject to the provision that the total amount of offers accepted for all maturities does not exceed the total amount offered for tender. No offers to sell LGFA Bonds will be accepted until the tender opens on Yieldbroker. ENDS Released on behalf of New Zealand 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