LGFA Quarterly Funding Update to Investors - September 2024

11 October 2024 NZX Announcement LGFA September 2024 Quarterly Funding Update and Reduction in Forecast Borrowing Programme. Please find attached the LGFA Quarterly Funding Update to Investors as at 30 September 2024. Due to our high levels of liquidity and less than expected council borrowing in Q1, we have reduced our forecast borrowing programme for the current 2024-25 Fiscal Year by $250 million to $5.15 billion. We have undertaken NZ$2.085 billion equivalent as at 10 October 2024. We will next provide an issuance programme update within the next LGFA Quarterly Funding Update in early January 2025. 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