Contact Energy Limited · NZX:CEN
Contact Energy — Macquarie Australia Conference 2026
15 slides from Contact Energy's conference presentation, May 5, 2026
Slide 1: Macquarie Australia Conference May 2026
Macquarie Australia Conference May 2026 For personal use only
Slide 2: Contact is one of New Zealand's most significant companies
Contact is one of New Zealand’s most significant companies We own, operate and develop low-cost, long-life renewable generation and storage assets, meeting the evolving needs of our customers For personal use only 11.8TWh 3 mean thermal generation1 7 1 peaking stations ~98% renewable geothermal batt
Slide 3: Contact31+: Leading New Zealand's renewable energy future
Contact31+ Leading New Zealand’s renewable energy future Strategic pillars For personal use only Lead on new flexibility Build into new demand Extend our advantage in New Zealand with wind and solar ead the energy L as New Zealand’s Accelerate batteries, build Deliver lowest-cost diversifie
Slide 4: Market and renewable development updates
For personal use only Market and renewable development updates 4
Slide 5: NZ market context: Impacts of energy transition apparent
NZ market context: Impacts of energy transition apparent Gas supply is declining New demand is The electricity market is Pricing volatility and seasonal rapidly materialising increasingly renewable spread have increased For personal use only Domestic gas production has fallen Since 2021 (last 5 year
Slide 6: Over 3TWh of new electricity demand is tied to known and committed sources
Over 3TWh of new electricity demand is tied to known and committed sources Identified projects across the dairy, data centre and metals sectors, alongside continued residential trends, For personal use only are expected to contribute >3TWh to electricity demand by 2030 Breakdown of known new-to-gr
Slide 7: Our committed build programme responds to the known market opportunity
Our committed build programme responds to the known market opportunity Glorit Solar For personal use only • FID reached in Feb 2026. Glorit 150MWac / ~285GWh p.a. • Working towards financial Target online Q3 CY28 close with lending providers and Lightsource bp. Target IRR >12% at FID1 Auckland Glenb
Slide 8: Beyond known committed projects, opportunities for new electricity demand exist at scale
Beyond known committed projects, opportunities for new electricity demand exist at scale across key sectors For personal use only Data Centres Electrification of dairy3 Metals Additional potential data centre demand Fonterra has committed to Major Metals projects could add 4-5TWh1 from two sources:
Slide 9: We are advancing 4TWh+ of priority development options
We are advancing 4TWh+ of priority development options to meet new demand opportunities And can draw additional projects from our 11TWh+ total pipeline to meet acceleration in customer needs Contact31+ priority Tauhara 2 Total uncommitted generation pipeline of 11TWh+, 50 – 70MW | 415 – 580GWh For p
Slide 10: Consent granted and partner RFI underway on our 1TWh+ Southland Wind development option
Consent granted and partner RFI underway on our 1TWh+ Southland Wind development option For personal use only Consent granted Advisor appointed RFI released to market • Consent approved 2nd April 2026. • Contact is seeking strategic partners • RFI released to the market April 2026. for its extensive
Slide 11: We've laid the groundwork and have a clear vision for success through Contact31+
We’ve laid the groundwork and have a clear vision for success through Contact31+ Most diversified generation portfolio in New Zealand with For personal use only mean output ~98% renewable1 New Zealand's leader in geothermal operations and development having brought a total 225MW of new geothermal
Slide 12: Appendix
For personal use only Appendix 12
Slide 13: Contact31+ will deliver the highest value outcomes for our investors and for NZ
Contact31+ will deliver the highest value outcomes for our investors and for NZ Strategic pillar FY31 Targets, Subject to future investment decisions Does not include potential upside from acceleration options in the For personal use only event a high market demand scenario materialises • 250MW geot
Slide 14: Contact's geographically diversified operating assets
Contact’s geographically diversified operating assets Operational generation assets across New Zealand, capacity, MW1 Wairakei - 138MW For personal use only Hydro stations Bream Bay 8MW Te Mihi 1 & 2 - 166MW Poihipi - 53MW Geothermal stations Ohaaki - 41MW Cobb River 36MW Battery Energy Storage Syst
Slide 15: An attractive and diversified pipeline of development options
An attractive and diversified pipeline of development options Combined solar and wind Capacity Estimated Earliest Project status Expected available pipeline options of ~10TWh Project Technology (MW / output online date investment Land Consent Under MWac)1,2 (GWh) Consented decision3 secured lodged c