Z Energy Investor Day News Release

Z Energy (NZX/ASX: ZEL) ("Z") is holding its Investor Day in Auckland today, focusing on how the company's strategy will deliver strong, reliable returns to shareholders, while transitioning the company to a low carbon future. The investor day presentation slides are available on Z's Investor Centre and the content will be live webcast for investors. The presentations are focused on how Z's strategy to simplify and optimise its core business will deliver earnings growth and a sustainable dividend. The presentations will detail the company's retail network strategy through to 2030 and the benefits that will be realised in exiting the crude oil supply chain and moving to an import only supply chain by June 2022. "Z's strategy is clear and simple," said Z CEO Mike Bennetts. "We will optimise our core business so that we can deliver strong and increasingly reliable returns to shareholders while transitioning to a low carbon future. End CA:00376306 For:ZEL Type:GENERAL Time:2021-07-28 08:54:48