Mercury Nz Ltd. · NZX:MCY
Mercury Nz — Shareholder Meeting (September 2026)
26 slides from Mercury Nz's shareholder meeting presentation, Sep 18, 2026
Slide 1: Mercury 2026 Annual Shareholders' Meeting announcement
For personal use only STOCK EXCHANGE LISTINGS: NZX (MCY) / ASX (MCY) ANNOUNCEMENT Mercury 2026 Annual Shareholders’ Meeting 18 September 2026 – The attached presentations will be given at Mercury NZ Limited’s Annual Shareholders’ Meeting starting at 1:00pm (NZST) today which will be held in person a
Slide 2: Chair and Chief Executive Addresses: Chair's address, agenda and board
Mercury 2026 Annual Shareholders’ Meeting Chair For personal use only and Chief Executive Addresses Where: HYBRID MEETING (ONLINE AND IN PERSON AT EDEN PARK, WORLD CUP LOUNGE, AUCKLAND) When: 1pm (NZST), 18 September 2026 [ADDRESS BY THE CHAIR: SCOTT ST JOHN] SLIDE 2: CHAIR’S ADDRESS Tēnā koutou kat
Slide 3: Chair's address: financial overview
- members of Mercury’s Executive Leadership Team. Great to have you all here with us today. For personal use only I would like to share some observations and reflections about the past year. There is no doubt Mercury is in excellent shape and delivered impressive results this year – results underpin
Slide 4: Chair's address: renewable investment and the future
We use long-term earnings and reinvestment discipline to fund our renewable electricity construction pipeline. The cost to build this infrastructure is significant, and the decisions made here flow into pricing pathways for decades. For personal use only New generation takes years to consent and con
Slide 5: Chief Executive's address: scaling renewable energy
[ADDRESS BY THE CHIEF EXECUTIVE: STEW HAMILTON] SLIDE 8: CHIEF EXECUTIVE’S ADDRESS For personal use only Kia ora Scott and tēnā tātou katoa. Ko Stew Hamilton tōku ingoa. It is a pleasure to be here today. As Scott has noted, Mercury is in excellent shape, with resilient earnings, disciplined growth,
Slide 6: Chief Executive's address: delivering for customers
As electricity demand grows, our focus is on bringing forward new renewable generation to support that growth, while continuing to maintain reliable electricity for homes, businesses, and communities across the country. For personal use only SLIDE 10: DELIVERING FOR CUSTOMERS Turning to our customer
Slide 7: Mercury NZ Limited Annual Shareholders' Meeting September 2026
MERCURY NZ LIMITED ANNUAL rsonal use only SHAREHOLDERS’ MEETING 18 SEPTEMBER 2026
Slide 8: Chair's Address
rsonal use only CHAIR’S ADDRESS Scott St John
Slide 9: Agenda
AGENDA rsonal use only Chair’s address Chief Executive’s address Resolutions and voting Q&A on general business matters
Slide 10: Your Board
YOUR BOARD rsonal use only JASPER VAN HALDER SUSAN PETERSON SCOTT SCOULLAR MARK BINNS SCOTT ST JOHN DIRECTOR DIRECTOR CHAIR FUTURE DIRECTOR DIRECTOR HANNAH HAMLING ROB HAMILTON RACHEL TAULELEI ADRIAN LITTLEWOOD DIRECTOR DIRECTOR DIRECTOR DIRECTOR
Slide 11: Financial Overview
FINANCIAL OVERVIEW $321M Net profit rsonal use only $1,068M EBITDAF $370M Operating expenditure 27.0 CPS FY26 ordinary dividend $1,075M FY27 EBITDAF guidance 29.0 CPS FY27 dividend guidance
Slide 12: Investment and the Future
INVESTMENT AND THE FUTURE rsonal use only • Currently fastest rate of renewable development in NZ history. • Electricity in NZ ~90% renewable. • Total renewable energy use only ~30% today.
Slide 13: Facing into Challenges
FACING INTO CHALLENGES rsonal use only • Mix of solutions best, lowest cost way to address dry periods. • Renewable investment best way we can support long-term affordability and energy security.
Slide 14: Chief Executive's Address
rsonal use only CHIEF EXECUTIVE’S ADDRESS Stew Hamilton
Slide 15: Scaling Renewable Energy
SCALING RENEWABLE ENERGY ~10 TWh annual mean rsonal use only PLANNED TO 2035 renewable generation PLANNED TO 2030 IN CONSTRUCTION OPERATIONAL HYDRO GEOTHERMAL WIND 3RD PARTY SOLAR BESS (MW)
Slide 16: Delivering for Customers
DELIVERING FOR CUSTOMERS rsonal use only • Over 40% of customers with two or more products. • Flex Rates now available. • Additional support provided to those who need it.
Slide 17: VT Transition
rsonal use only VT TRANSITION
Slide 18: Business and Resolutions
rsonal use only BUSINESS AND RESOLUTIONS
Slide 19: Resolution: Re-election of Hannah Hamling
RESOLUTION 1 rsonal use only Re-election of Hannah Hamling That Hannah Hamling, who retires and is eligible for re-election, be re-elected as a director of the company.
Slide 20: Resolution: Re-election of Adrian Littlewood
RESOLUTION 2 rsonal use only Re-election of Adrian Littlewood That Adrian Littlewood, who retires and is eligible for re-election, be re-elected as a director of the company.
Slide 21: Resolution: Re-election of Mark Binns
RESOLUTION 3 rsonal use only Re-election of Mark Binns That Mark Binns, who retires and is eligible for re-election, be re-elected as a director of the company.
Slide 22: Resolution: Election of Scott Scoullar
RESOLUTION 4 rsonal use only Election of Scott Scoullar That Scott Scoullar (appointed by the Board as a director on 17 August 2026), who retires and is eligible for election, be elected as a director of the company.
Slide 23: Voting
rsonal use only VOTING
Slide 24: Q&A: General Business
Q&A: GENERAL BUSINESS rsonal use only
Slide 25: Ngā Mihi / Thank You
NGĀ MIHI THANK YOU rsonal use only ANNUAL SHAREHOLDERS’ MEETING 18 SEPTEMBER 2026
Slide 26: Mercury
Mercury™ Ajuo asn yeuosia