Mercury NZ Limited/Announcement
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FY2021 EBITDAF guidance revised to $505 million

Full Year Results23 September 2020MCYUtilities

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PO Box 90399, Auckland 1142

New Zealand


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FY2021 EBITDAF guidance revised to $505 million

24 September 2020 –

Mercury announced today that it has revised its FY2021 EBITDAF guidance from $515

million to $505 million. This reflects an expected 200 GWh decrease in full year hydro generation to 3,700 GWh

due to dry weather conditions in the Taupo catchment in FY2021 to date.

Guidance may change and remains subject to any material events, significant one-off expenses or other

unforeseen circumstances including changes to hydrological conditions.


ENDS


Howard Thomas

General Counsel and Company Secretary

Mercury NZ Limited


For investor relations queries, please contact:

William Meek

Chief Financial Officer

0275 173 470

For media queries, please contact:

Craig Dowling

Head of Communications

0272 105 337


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: NZX (MCY) / ASX (MCY)


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