Intention to Appoint New Director / Retirement of Directors

Release






M e r i d i a n E n e r g y L i m i t e d ( A R B N 1 5 1 8 0 0 3 9 6 ) A c o m p a n y i n c o r p o r a t e d i n N e w Z e a land
L e v e l 2 , 5 5 L a d y E l i z a b e t h L a n e , P O B o x 1 0 8 4 0 , W e l l i n g t o n 6 1 4 3

m e r i d i a n e n e r g y . c o . n z
Stock Exchange Listings NZX (MEL) ASX (MEZ)
New Director to join Meridian Energy Board and two
directors to retire
19 July 2021
Meridian Energy is pleased to advise that it intends to appoint Tania Simpson as an independent
director to the Meridian Energy Board in August 2021. Ms Simpson’s appointment is subject to the
Electricity Authority first granting an exemption under section 90 of the Electricity Industry Act 2010.
Ms Simpson will complement and add to the Board’s skills and expertise following the retirement of
two longstanding Directors, Peter Wilson and Anake Goodall whose terms will conclude at the
Company’s Annual Shareholders’ Meeting in October. Meridian Chair, Mark Verbiest, acknowledged
the significant contribution that Mr Wilson and Mr Goodall had made over the last ten years.
Meridian Chair, Mark Verbiest said Ms Simpson was an outstanding appointment. “The Board
conducted a robust recruitment using independent search advisers and is pleased to recommend to
shareholders Ms Simpson, together with Mark Cairns, who is standing for re-election this year.”
Ms Simpson is a distinguished well-respected Māori leader who has served on a range of iwi,
commercial and public entities. She is affiliated to Ngāi Tahu, Tainui and Ngā Puhi.
She has extensive corporate governance experience having served as a director of Mighty River
Power Limited for 13 years from 2001. She also holds the distinction of being the first Māori director
on the Reserve Bank of New Zealand Board where she is currently the Deputy Chair.
Ms Simpson currently holds other directorships at Tainui Group Holdings Limited and Auckland
International Airport Limited, is the Chair of the Sustainable Seas National Science Challenge and a
director of the Deep South National Science Challenge. She is a member of the Waitangi Tribunal
and Deputy Chair of the Waitangi National Trust. She is committed to incorporating Māori values
within business and society to ensure equitable relationships underpin a productive, profitable and
sustainable future for all. She has extensive experience in government, in policy development, and
business.
”We believe Ms Simpson has the appropriate skills and experience to help fill the vacancy created by
the retiring Directors. The Board will continue its focus on effective governance and delivering
shareholder value building on Meridian’s track record of performance since the IPO in 2013,” said Mr
Verbiest.
Ms Simpson will retire and seek formal shareholder approval for her election at the Annual
Shareholders’ Meeting.
Meridian’s Annual Shareholders’ Meeting will take place in October 2021. Further details will be
contained in the Notice of Annual Meeting.

ENDS
Neal Barclay
Chief Executive
Meridian Energy Limited

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