Contact considers green Capital Bond offer

26 October 2021 Contact considers green Capital Bond offer Contact Energy Limited (Contact) has today announced that it is considering making an offer of up to $200 million (with the ability to accept oversubscriptions of up to an additional $25 million at Contact's discretion) of unsecured subordinated green capital bonds (Capital Bonds) to New Zealand retail and institutional investors. The proceeds of the offer will be used by Contact for the financing and refinancing of renewable generation and other eligible assets in accordance with the terms of Contact's Green Borrowing Programme framework. It is expected that further details of the offer will be released later this week. Contact has appointed Craigs Investment Partners Limited and Forsyth Barr Limited as Joint Arrangers and Joint Lead Managers, and Bank of New Zealand as a Joint Lead Manager, in relation to the proposed offer. Interested investors can register their interest with the Joint Lead Managers (details below) or their usual financial adviser. Indications of interest will not involve an obligation or commitment of any kind. No money is currently being sought and no Capital Bonds can be applied for or acquired until the offer opens. If the proposed offer is made, it will be made in accordance with the Financial Markets Conduct Act 2013. Application will be made to NZX for any Capital Bonds to be quoted on the NZX Debt Market on completion of the offer. Bank of New Zealand 0800 284 017 Craigs Investment Partners Limited 0800 226 263 Forsyth Barr Limited 0800 367 227 -ends- Investor enquiries Matthew Forbes Ph +64 21 072 8578 Media enquiries Paul Ford paul.ford@contactenergy.co.nz Ph +64 21 809 589 End CA:00381531 For:CEN Type:GENERAL Time:2021-10-26 08:53:26