New director announced

Vector today announces the appointment of Bruce Hassall as a director effective on 31 October 2023. This appointment follows an external review and search by the Vector Board. Mr Hassall is currently the Chair of Fletcher Building Limited, the Chair of The Farmers' Trading Company Limited and Profile Group Holdings Limited, is a director of Fonterra Co-operative Group Limited, and was formally senior partner and CEO of PwC New Zealand. The board has determined that Mr Hassall will be an independent director. As this appointment is to fill a casual vacancy, Mr Hassall will stand for election at the next meeting of shareholders. Vector chair, Doug McKay said the board is delighted with the appointment. "Bruce brings with him tremendous commercial and governance experience to complement the capability already in place around the Vector board table." ENDS Investor contact Jason Hollingworth, Chief Financial Officer, Vector Jason.hollingworth@vector.co.nz, 021 312 928 Media contact Matthew Britton, Communications Manager, Vector Matthew.britton@vector.co.nz, 021 224 2966 About Vector Vector is an innovative New Zealand energy company, which runs a portfolio of businesses delivering energy and communication services to more than 600,000 residential and commercial customers across New Zealand and the Pacific. Vector has a leading role in creating a new energy future through its Symphony strategy which puts customers at the heart of the energy system. 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 End CA:00420757 For:VCT Type:ADMIN Time:2023-10-31 09:35:27