Ongoing Disclosure Notices

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Mercury NZ Limited
Date this disclosure made:
25 May 2021
Date of last disclosure:
27 July 2020
Director or senior manager giving disclosure
Full name(s):
Antony Paul Nagel
Name of listed issuer:
Mercury NZ Limited
Name of related body corporate (if applicable):
Not applicable
Position held in listed issuer:
Former GM Corporate
Affairs
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Ordinary shares in Mercury
NZ Limited (NZX: MCY)
Ordinary shares in Mercury
NZ Limited (NZX: MCY)
Nature of the affected relevant interest(s):
Beneficial owner pursuant
to Mercury's Long Term
Incentive Plan under which
the shares are held on
trust by Mercury LTI
Limited, subject to certain
performance targets being
met over the period ending
30 June 2021, upon which
the shares will vest
Registered holder and
beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:
21,97356,912
Number held in class after acquisition or disposal:
077,662
Current registered holder(s):
Mercury LTI LimitedAntony Paul Nagel
Registered holder(s) once transfers are registered:
N/AN/A
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Not applicable
Class of underlying financial products:
Not applicable
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
Not applicable
A statement as to whether the derivative is cash settled or physically settled:
Not applicable
Maturity date of the derivative (if any):
Not applicable
Expiry date of the derivative (if any):
Not applicable
The price specified in the terms of the derivative (if any):
Not applicable
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
Not applicable
For that derivative,-
Parties to the derivative:
Not applicable
If the director or senior manager is not a party to the derivative, the nature of the relevant
interest in the derivative:
Not applicable

Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: 2
Details of transactions requiring disclosure-
Date of transaction:21 May 202121 May 2021
Nature of transaction:
Off-market transfer to
Antony Paul Nagel of
20,750 shares held on
trust by Mercury LTI
Limited which vested upon
the assessment of
performance targets
folloing cessation of
employment on 2 February
2021
Following the vesting of a
proportion of the shares,
1,223 shares held by
Mercury LTI Limited on
Antony Paul Nagel's behalf
became forfeited shares
and Mercury LTI Limited
exercised its call option to
require Antony Paul Nagel
to transfer to it all of his
beneficial interest in the
forfeited shares on 21 May
2021
Name of any other party or parties to the transaction (if known):Mercury LTI LimitedMercury LTI Limited
The consideration, expressed in New Zealand dollars, paid or received for the acquisition
or disposal. If the consideration was not in cash and cannot be readily by converted into a
cash value, describe the consideration:
Nil
$3,564.77, being the
outstanding loan balance
in respect of the forfeited
shares which was
transferred to Mercury LTI
Limited
Number of financial products to which the transaction related: 20,7501,223
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:Not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
Not applicable
Date of the prior written clearance (if any):
Not applicable
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
Ordinary shares in Mercury
NZ Limited (NZX: MCY)
Nature of relevant interest:
Registered holder as
trustee of the Kookaburra
Trust
For that relevant interest,-
Number held in class:1,040
Current registered holder(s):
Antony Paul Nagel and
Shelley Annette Trueman
as trustees of the
Kookaburra Trust
For a derivative relevant interest,-
Type of derivative:Not applicable
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
Not applicable
A statement as to whether the derivative is cash settled or physically settled:
Not applicable
Maturity date of the derivative (if any):
Not applicable
Expiry date of the derivative (if any):
Not applicable
The price's specified terms (if any):
Not applicable
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
Not applicable
For that derivative relevant interest,-
Parties to the derivative:
Not applicable
If the director or senior manager is not a party to the derivative, the nature of the relevant
interest in the derivative:
Not applicable

Certification
I certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all persons
for whom it is made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
25 May 2021
Name and title of authorised person:
Garth Landers, Senior
Legal Counsel

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Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(1) and 298(1), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Mercury NZ Limited
Date this disclosure made:
25 May 2021
Date of last disclosure:
28 August 2020
Director or senior manager giving disclosure
Full name(s):
Nicholas Clarke
Name of listed issuer:
Mercury NZ Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Former GM Geothermal &
Safety
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Ordinary shares in Mercury NZ
Limited (NZX: MCY)
Ordinary shares in Mercury
NZ Limited (NZX: MCY)
Nature of the affected relevant interest(s):
Beneficial owner pursuant to
Mercury's Long Term Incentive
Plan under which the shares
are held on trust by Mercury LTI
Limited, subject to certain
performance targets being met
over the period ending 30 June
2021, upon which the shares
will vest
Registered holder and
beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:
22,97234,184
Number held in class after acquisition or disposal:
055,877
Current registered holder(s):
Mercury LTI LimitedNicholas Clarke
Registered holder(s) once transfers are registered:Not applicableNot applicable
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative: Not applicable
Class of underlying financial products:Not applicable
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
Not applicable
A statement as to whether the derivative is cash settled or physically settled:Not applicable
Maturity date of the derivative (if any):Not applicable
Expiry date of the derivative(if any):Not applicable
The price specified in the terms of the derivative (if any):Not applicable
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
Not applicable

For that derivative,-
Parties to the derivative:
Not applicable
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
Not applicable
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: 2
Details of transactions requiring disclosure-
Date of transaction:21 May 202121 May 2021
Nature of transaction:
Off-market transfer to Nicholas
Clarke of 21,693 shares held on
trust by Mercury LTI Limited
which vested upon the
assessment of performance
targets following cessation of
employment on 2 February
2021
Following the vesting of a
proportion of the shares,
1,279 shares held by
Mercury LTI Limited on
Nicholas Clarke's behalf
became forfeited shares
and Mercury LTI Limited
exercised its call option to
require Nicholas Clarke to
transfer to it all of his
beneficial interest in the
forfeited shares on 21 May
2021
Name of any other party or parties to the transaction (if known):Mercury LTI LimitedMercury LTI Limited
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
Nil
$3,728.00, being the
outstanding loan balance in
respect of the forfeited
shares which was
transferred to Mercury LTI
Limited
Number of financial products to which the transaction related: 21,6931,279
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
Not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
Not applicable
Date of the prior written clearance (if any):Not applicable
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
Ordinary shares in Mercury NZ
Limited (NZX: MCY)
Nature of relevant interest:
Registered holder as trustee of
the Ashburton Grove Trust, in
which he has a beneficial
interest
For that relevant interest,-
Number held in class:2,000
Current registered holder(s):
Nicholas Clarke and Andrew
David Clarke as trustees of the
Ashbuton Grove Trust
Class of quoted financial products:
Ordinary shares in Mercury NZ
Limited (NZX: MCY)

Nature of relevant interest:
Registered holder as trustee of
the JK Clarke Family Trust and
the RA Clarke Family Trust,
together the JK & RA Clarke
Family Partnership, in which he
has a beneficial interest
For that relevant interest,-
Number held in class:16,120
Current registered holder(s):
Nicholas Clarke, Rosemary
Aileen Clarke and Andrew
David Clarke as trustees of the
JK Clarke Family Trust and the
RA Clarke Family Trust,
together the JK & RA Clarke
Family Partnership
Class of quoted financial products:
Capital bonds in Mercury NZ
Limited (NZX: MCY020)
Nature of relevant interest:
Registered holder as trustee of
the JK Clarke Family Trust and
the RA Clarke Family Trust,
together the JK & RA Clarke
Family Partnership
For that relevant interest,-
Number held in class:27,000
Current registered holder(s):
Nicholas Clarke, Rosemary
Aileen Clarke and Andrew
David Clarke as trustees of the
JK Clarke Family Trust and the
RA Clarke Family Trust,
together the JK & RA Clarke
Family Partnership
For a derivative relevant interest,-
Type of derivative:
Not applicable
Expiry date of the derivative (if any):Not applicable
The price's specified terms (if any):Not applicable
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
Not applicable
For that derivative relevant interest,-
Parties to the derivative:
Not applicable
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
Not applicable
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.

Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
25 May 2021
Name and title of authorised person:
Garth Landers, Senior Legal
Counsel

---

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Mercury NZ Limited
Date this disclosure made:
25 May 2021
Date of last disclosure:
27 July 2020
Director or senior manager giving disclosure
Full name(s):
Kevin Brian Angland
Name of listed issuer:
Mercury NZ Limited
Name of related body corporate (if applicable):
Not applicable
Position held in listed issuer:
Former GM Digital
Services
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Ordinary shares in Mercury
NZ Limited (NZX: MCY)
Ordinary shares in Mercury
NZ Limited (NZX: MCY)
Nature of the affected relevant interest(s):
Beneficial owner pursuant
to Mercury's Long Term
Incentive Plan under which
the shares are held on trust
by Mercury LTI Limited,
subject to certain
performance targets being
met over the period ending
30 June 2021, upon which
the shares will vest
Registered holder and
beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:
22,97232,257
Number held in class after acquisition or disposal:
053,950
Current registered holder(s):
Mercury LTI LimitedKevin Brian Angland
Registered holder(s) once transfers are registered:
N/AN/A
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Not applicable
Class of underlying financial products:
Not applicable
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
Not applicable
A statement as to whether the derivative is cash settled or physically settled:
Not applicable
Maturity date of the derivative (if any):
Not applicable
Expiry date of the derivative (if any):
Not applicable
The price specified in the terms of the derivative (if any):
Not applicable
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the underlying
financial products:
Not applicable
For that derivative,-
Parties to the derivative:
Not applicable
If the director or senior manager is not a party to the derivative, the nature of the relevant
interest in the derivative:
Not applicable

Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: 2
Details of transactions requiring disclosure-
Date of transaction:21 May 202121 May 2021
Nature of transaction:
Off-market transfer to
Kevin Brian Angland of
21,693 shares held on trust
by Mercury LTI Limited
which vested upon the
assessment of
performance targets
following cessation of
employment on 2 February
2021
Following the vesting of a
proportion of the shares,
1,279 shares held by
Mercury LTI Limited on
Kevin Brian Angland's
behalf became forfeited
shares and Mercury LTI
Limited exercised its call
option to require Kevin
Brian Angland to transfer to
it all of his beneficial
interest in the forfeited
shares on 21 May 2021
Name of any other party or parties to the transaction (if known):Mercury LTI LimitedMercury LTI Limited
The consideration, expressed in New Zealand dollars, paid or received for the acquisition
or disposal. If the consideration was not in cash and cannot be readily by converted into a
cash value, describe the consideration:
Nil
$3,728.00, being the
outstanding loan balance in
respect of the forfeited
shares which was
transferred to Mercury LTI
Limited
Number of financial products to which the transaction related: 21,6931,279
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:Not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
Not applicable
Date of the prior written clearance (if any):
Not applicable
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:Not applicable
Nature of relevant interest:Not applicable
For that relevant interest,-
Number held in class:Not applicable
Current registered holder(s):Not applicable
For a derivative relevant interest,-
Type of derivative:Not applicable
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
Not applicable
A statement as to whether the derivative is cash settled or physically settled:
Not applicable
Maturity date of the derivative (if any):
Not applicable
Expiry date of the derivative (if any):
Not applicable
The price's specified terms (if any):
Not applicable
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the underlying
financial products:
Not applicable
For that derivative relevant interest,-
Parties to the derivative:
Not applicable
If the director or senior manager is not a party to the derivative, the nature of the relevant
interest in the derivative:
Not applicable

Certification
I certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all persons
for whom it is made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
25 May 2021
Name and title of authorised person:
Garth Landers, Senior
Legal Counsel