Contact considers retail Green Bond offer

Monday, 19 September 2022 Contact considers retail Green Bond offer Contact Energy Limited (Contact) has today announced that it is considering making an offer of 5.5-year fixed rate, unsecured, unsubordinated green bonds (Green Bonds) to institutional investors and New Zealand retail investors. It is expected that full details of the offer will be released on Tuesday, 27 September 2022, when the offer is expected to open. Contact has an Issuer Credit Rating from S&P Global Ratings of BBB (stable outlook). The Green Bonds are to be assigned an Issue Credit Rating of BBB. The proceeds of the offer will be used by Contact for the financing and refinancing of renewable generation and other eligible green assets in accordance with the terms of Contact's Green Borrowing Programme Framework. Contact has appointed Bank of New Zealand as Arranger and Joint Lead Manager, and ANZ Bank New Zealand Limited, Craigs Investment Partners Limited and Forsyth Barr Limited as Joint Lead Managers in relation to the proposed offer. Investors can register their interest in the proposed offer by contacting one of the Joint Lead Managers (listed below) or their usual financial adviser. Indications of interest will not constitute an obligation or commitment of any kind. No money is currently being sought and no Green 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 as an offer of debt securities of the same class as existing quoted debt securities. Application will be made to NZX for any Green Bonds to be quoted on the NZX Debt Market on completion of the offer. ANZ Bank New Zealand 0800 269 476 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 Leah Chamberlin-Gunn leah.chamberlin-gunn@contactenergy.co.nz Ph +64 21 227 7991 End CA:00399001 For:CEN Type:OFFER Time:2022-09-19 08:30:37