Change of External Auditor
10 August 2022
Change of External Auditor
Contact Energy advises that it has accepted the resignation of KPMG as external
auditor of the company with effect from 15 August 2022. Ernst & Young (EY) will be
appointed as the group’s new external auditor on the same day for the financial year
commencing 1 July 2022.
KPMG has been Contact’s external auditor since 2005. The decision to change the
auditor in no way reflects on the performance of KPMG. Rather we consider it is
good governance practice for a company to change auditor from time to time and
accordingly we have adopted a policy that the maximum tenure of any external audit
firm is 15 years. Contact would like to thank KPMG for their service over the last 17
years.
EY’s appointment follows a formal request for proposal process that was that was
overseen by Contact’s Board Audit & Risk Committee. We are looking forward to
working with EY and the fresh insights it might bring.
-ends-
1/ MORE INFORMATION:
Investors: Matt Forbes
GM Corporate Finance
+64 21 072 8578
Media: Julia Stewart
Communications
+64 21 869 537
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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