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FY2020 EBITDAF guidance revised to $480 million

Full Year Results25 June 2020MCYUtilities

FY2020 EBITDAF guidance revised to $480 million
26 June 2020 – Mercury announced today that it has revised its FY2020 EBITDAF guidance from $490 million to $480 million.

This reflects an expected 100 GWh decrease in full year hydro generation to 3,700 GWh due to continued dry weather

conditions in the Taupo catchment in FY2020.

Guidance may change and remains subject to any material events or other unforeseen circumstances.

ENDS

Howard Thomas

General Counsel and Company Secretary

Mercury NZ Limited

For investor relations queries, please contact:

Tim Thompson

Head of Treasury and Investor Relations

0275 173 470

For media queries, please contact:

Craig Dowling

Head of Communications

021 615 663


ABOUT MERCURY NZ LIMITED

Mercury’s mission is energy freedom. Our purpose is to inspire New Zealanders to enjoy energy in more wonderful ways and

our goal is to be New Zealand’s leading energy brand. We focus on our customers, our people, our partners and our country;

maintain a long-term view of sustainability; and promote wonderful choices. Mercury is energy made wonderful. Visit us at:

www.mercury.co.nz


STOCK EXCHANGE LISTINGS: NEW ZEALAND (MCY) / AUSTRALIA (MCY)


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