MCY - Board member accepts full time executive role in Australia

Mercury has acknowledged the announcement that Dennis Barnes, director, has been appointed as the next Chief Executive Officer and Managing Director of Snowy Hydro Limited, a Commonwealth Company and Government Business Enterprise in Australia.

Mr Barnes is expected to take up the role on 1 February 2023. Consequently, Mr Barnes will step down from the Mercury Board at a time to be determined.

ENDS

Howard Thomas

General Counsel and Company Secretary

Mercury NZ Limited

For investor relations queries, please contact:

William Meek

Chief Financial Officer

0275 173 470

investor@mercury.co.nz

For media queries, please contact:

Shannon Goldstone

Head of Communications

027 210 5337

media@mercury.co.nz

•  Board member accepts full time role

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