SBS credit rating affirmed at ‘BBB’, outlook positive

10/07/2025 15:28 NZST, GENERAL

NZX Release

10 July 2025

SBS credit rating affirmed at ‘BBB’, outlook positive

On 10 July 2025, Fitch Ratings (Fitch) affirmed Southland Building Society’s (SBS) credit rating at ‘BBB’ and revised the outlook from stable to positive.

Refer to the attached Fitch rating action commentary on SBS.

ENDS

For further information, please contact:

Mandy Oosterbroek

Marketing Manager

027 500 1247

Mandy.oosterbroek@sbsbank.co.nz

This document has been authorised for release by Mark McLean, Group Chief Executive