Mercury Nz Ltd. · NZX:MCY
Mercury Nz — Non-Deal Roadshow (August 2023)
14 slides from Mercury Nz's roadshow presentation, Aug 8, 2023
Slide 1: News Release: Governance Roadshow Presentation – August 2023
STOCK EXCHANGE LISTINGS: NZX (MCY) / ASX (MCY) NEWS RELEASE Governance Roadshow Presentation – August 2023 8 AUGUST 2023 – Mercury will present a series of investor meetings during August 2023. The presentation materials are attached. For personal use only ENDS Howard Thomas General Counsel and Comp
Slide 2: Governance Roadshow
ly Cc For personal use o MERCURY. GOVERNANCE ROADSHOW PRUE FLACKS JAMES MILLER Chair Chair, Risk Assurance and Audit Committee 8 August 2023 Mercur ye
Slide 3: Disclaimer
DISCLAIMER This presentation has been prepared by Mercury NZ Limited and its group of companies ("Company") for informational purposes. This disclaimer applies to this document and the verbal or written comments of any person presenting it. Information in this presentation has been prepared by the C
Slide 4: Mercury at a Glance
MERCURY AT A GLANCE For personal use only Our business * Retail bundles across electricity, gas, broadband and mobile ~22% Generation market share! ~26% Retail electricity market share® ~164k Telco and mobile connections? 'for 12 months to 31 March 2023 2 as of March 31, 2023 ? average forecast gene
Slide 5: Mercury's Evolutionary Steps
MERCURY'S EVOLUTIONARY STEPS Farapersonal use only Post IPO! Became a 100% renewable generation business Enhanced business performance and transparency of operations wn lee) Period of transformation Generation pipeline Acquired Trustpower retail business 2,430 GWh of wind consented Acquired Tilt NZ
Slide 6: Our Strategic Framework
OUR STRATEGIC FRAMEWORK Our strategic framework maps why we exist, and what >> we will need to focus on over the near and longer term THRIVING ToDay Increase the value of our business to $800M EBITDAR TIAKINA TE ANAMATA, MATE TUHONO | NGA TANGATA ME NGA Enhance our Unleash the Onal use onl A licence
Slide 7: Strong Balance Sheet Supports Further Investment
STRONG BALANCE SHEET SUPPORTS FURTHER INVESTMENT For personal use only Forecast Debt/EBITDAF provides platform for growth w N FY20 FY21 FY22 FY23F mm BBB+ Range —Debt/EBITDAF Based on FY23 guidance and adjusted for S&P Global treatment of Mercury Capital Bonds Key messages Debt / EBITDAF peaked in F
Slide 8: Leadership Team
LEADERSHIP TEAM Siu > VINCE HAWKSWORTH > LUCIE DRUMMOND > PHIL GIBSON CHIEF EXECUTIVE GENERAL MANAGER SUSTAINABILITY GENERAL MANAGER PORTFOLIO. Key messages ¢ Very experienced leadership team is structured to position \ Mercury for future "vy opportunities and challenges ¢ A range of tenure to provi
Slide 9: Board of Directors
BOARD OF DIRECTORS For personal use only (i= y / * VE (Py . > 4 PRUE FLACKS HANNAH HAMLING ADRIAN LITTLEWOOD JAMES MILLER CHAIR DIRECTOR DIRECTOR DIRECTOR Tenure 6+ years Tenure 4-6 years Effective 1 August 2023 Tenure 6+ years da 3 ke <> oy SCOTT ST JOHN PATRICK STRANGE MIKE TAITOKO LORRAINE WITTEN
Slide 10: For personal use only
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Slide 11: Remuneration
REMUNERATION = Chief Executive's FY23 remuneration performance pay FY23 Key Performance Indicators (KPIs) = Commercial 1.EBITDAF target achieved ‘ . target exceede 5 CRED 2.EBITDAF targ} ded $3,500 eam Retail 1Lift in total connections o 2.Retail consolidation of TPW and Mercury YY) 2500 SS - s2,000
Slide 12: For personal use only
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Slide 14: For personal use only
For personal use only