Dividend Reinvestment Plan underwritten

Underwriting agreement entered into in connection
with Dividend Reinvestment Plan
18 March 2022 – Mercury announced on 22 February 2022 a Dividend Reinvestment Plan (‘DRP’) and its intention that for its
FY2022 interim dividend the DRP is underwritten. This means that any shares not taken up by shareholders would be
underwritten by an underwriter on the same terms.
Mercury advises that it has entered into an underwriting agreement with Craigs Investment Partners Limited (‘CIP’) under which
CIP has agreed to underwrite shares not taken up by shareholders in connection with the DRP for the FY2022 interim dividend
at the price set under the DRP.
CIP’s appointment as underwriter is subject to termination rights customary for an agreement of this nature.

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:
Shannon Goldstone
Head of Communications
Media phone: 027 210 5337

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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