New Chair and Deputy Chair Appointed

NEW CHAIR AND DEPUTY CHAIR APPOINTED The Board of Vector Limited met earlier today and has appointed Dame Alison Paterson as its new chair and Jonathan Mason as its deputy chair, effective immediately. As per Listing Rule 3.3.2, the Board also reconfirmed the earlier determination that Dame Alison Paterson is an independent director and that Michael Buczkowski is a non-independent director, given his role as the Deputy Chair of Entrust, Vector's majority shareholder. ENDS About Vector Vector is New Zealand's leading multi-network infrastructure company which delivers energy and communication services to more than one million homes and businesses across the country. Vector is listed on the New Zealand Stock Exchange with ticker symbol VCT. Our majority shareholder, with voting rights of 75.1%, is Entrust. For further information, visit www.vector.co.nz Contact MEDIA QUERIES: Richard Llewellyn External Relations Mobile 027 523 2362 ANALYST QUERIES: Dan Molloy Chief Financial Officer 64-9-213-5179 Mobile 021-441-311 End CA:00327121 For:VCT Type:GENERAL Time:2018-11-20 11:59:03