Contact sets interest rate for its Green Bond offer

Contact Energy Limited Level 2 Harbour City Tower, 29 Brandon Street, Wellington 6011 | PO Box 10742, Wellington 6143
P: +64 4 499 4001 | F: +64 4 499 4003 | W: contactenergy.co.nz

Thursday, 30 March 2023
Contact sets interest rate for its Green Bond offer
Contact Energy Limited (Contact) has today announced that it has set the interest rate for
its offer of 6-year fixed rate, unsecured, unsubordinated green bonds (Green Bonds).
The interest rate for the Green Bonds has been set at 5.62% per annum. This reflects an
issue margin of 1.35% per annum plus the base rate.
The Green Bonds will be issued on Thursday, 6 April 2023 and will mature on Friday, 6 April
2029.
The Green Bonds will be quoted on the NZX Debt Market under the ticker code CEN080 on
Tuesday, 11 April 2023.
A copy of the final terms sheet has been provided to NZX with this announcement.
For further details investors can contact one of the Joint Lead Managers (listed below) or
their usual financial adviser.

ANZ Bank New Zealand Limited Bank of New Zealand
0800 269 476 0800 284 017
Craigs Investment Partners Limited
Forsyth Barr Limited
0800 226 263
0800 367 227

-ends-
Investor enquiries
Shelley Hollingsworth
Investor Relations and Strategy Manager
+64 21 072 8578
shelley.hollingsworth@contactenergy.co.nz

Media enquiries
Louise Wright
Head of Communications and Reputation
+64 21 840 313
louise.wright@contactenergy.co.nz

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Final Terms Sheet
Fixed Rate Green Bonds






30 March 2023

Final Terms Sheet

30 March 2023
This final terms sheet (Terms Sheet) sets out the
key terms of the offer by Contact Energy Limited
(Contact or Issuer) of NZ$300,000,000 of
unsecured, unsubordinated, fixed rate, green bonds
maturing on Friday, 6 April 2029 (Green Bonds)
under its Amended and Restated Master Trust
Deed dated 21 August 2015 (as further amended
from time to time) as modified and supplemented
by the Supplemental Trust Deed dated 24 March
2023 entered into between Contact and The New
Zealand Guardian Trust Company Limited
(Supervisor) (together, Trust Documents).
Important notice
The offer of debt securities by Contact is made in
reliance upon the exclusion in clause 19 of schedule 1
of the Financial Markets Conduct Act 2013 (FMCA).
The offer contained in this Terms Sheet is an offer of
bonds that have identical rights, privileges, limitations
and conditions (except for the interest rate and
maturity date) as Contact’s:
• NZ$100,000,000 unsecured, unsubordinated,
fixed rate, green bonds (which have a fixed
interest rate of 3.55% per annum) maturing
on 15 August 2024, which are currently
quoted on the NZX Debt Market under the
ticker code CEN050 (CEN050 Bonds); and





• NZ$250,000,000 unsecured, unsubordinated,
fixed rate, green bonds (which have a fixed
interest rate of 5.82% per annum) maturing on
11 April 2028, which are currently quoted on
the NZX Debt Market under the ticker code
CEN070 (CEN070 Bonds),
(the CEN050 Bonds and the CEN070 Bonds, together
the Existing Bonds).
The Green Bonds are of the same class as the Existing
Bonds for the purposes of the FMCA and the Financial
Markets Conduct Regulations 2014 (FMC
Regulations).
Contact is subject to a disclosure obligation that
requires it to notify certain material information to
NZX Limited (NZX) for the purpose of that information
being made available to participants in the market and
that information can be found by visiting
www.nzx.com/companies/CEN.
The Existing Bonds are the only debt securities of
Contact that are currently quoted and in the same
class as the Green Bonds.
Investors should look to the market price of the
Existing Bonds referred to above to find out how the
market assesses the returns and risk premium for
those bonds. When comparing the yield of two debt
securities, it is important to consider all relevant
factors (including credit rating (if any), maturity and
other terms of the relevant debt securities).

ADDRESS DETAILS:
Issuer:
Contact Energy
Limited


Arranger and Joint
Lead Manager:
ANZ Bank New
Zealand Limited
Joint Lead
Manager:
Bank of New
Zealand
Joint Lead
Manager:
Craigs Investment
Partners Limited
Joint Lead
Manager:
Forsyth Barr
Limited

Registrar:
Link Market
Services Limited

Level 2, Harbour City
Tower, 29 Brandon
Street
Wellington 6011

Level 25, ANZ
Centre, 23-29
Albert Street
Auckland 1010

Level 6, Deloitte
Centre, 80 Queen
Street
Auckland 1010

Level 36, Vero
Centre, 48
Shortland Street
Auckland 1010

Level 22, NTT
Tower, 157
Lambton Quay
Wellington 6011
Level 30, PwC
Tower, 15 Customs
Street West
Auckland 1010

2
Contact Energy 2029 Bonds – Final Terms Sheet


Issuer Contact Energy Limited (Contact).
Description of Bonds
The Green Bonds are unsecured, unsubordinated, fixed rate, debt obligations
of Contact ranking equally and without preference among themselves and
equally with all other outstanding unsecured and unsubordinated indebtedness
of Contact, except indebtedness preferred by law.
The Supervisor, on behalf of the Holders, has the benefit of certain provisions
of Contact’s deed of negative pledge and guarantee dated 19 May 2005
(Negative Pledge). Among other things, the Negative Pledge provides that
Contact will not grant any security interest in its assets except under certain
limited exceptions set out in the Negative Pledge. The Green Bonds are not
guaranteed by any person.
The Green Bonds are Green Debt Instruments under Contact’s Sustainable
Finance Framework and are certified by the Climate Bonds Initiative (CBI)
based on the Climate Bonds Standard. A copy of the Sustainable Finance
Framework is available on Contact’s website:
www.contact.co.nz/aboutus/sustainability/financial-sustainability
Financial Covenant
The ratio of consolidated unsubordinated group debt to consolidated
unsubordinated group debt plus shareholders’ funds (all as described in the
Negative Pledge) must not exceed 60%.
Purpose
The proceeds from the issue of the Green Bonds will be used by Contact for
the financing and refinancing of renewable generation and other eligible green
assets (Green Assets) in accordance with the terms of the Sustainable
Finance Framework.
Joint Lead Managers ANZ Bank New Zealand Limited, Bank of New Zealand, Craigs Investment
Partners Limited and Forsyth Barr Limited.
Credit Ratings


S&P Global Ratings
Issuer Credit Rating
BBB (stable outlook)
Issue Credit Rating
BBB

A rating is not a recommendation by any rating organisation to buy, sell or hold
Green Bonds. The above credit ratings are current as at the date of this Terms
Sheet and may be subject to suspension, revision or withdrawal at any time by
the assigning rating organisation.
Issue Amount NZ$300,000,000.
Opening Date Monday, 27 March 2023.
Closing Date 11:00am, Thursday, 30 March 2023.
Rate Set Date Thursday, 30 March 2023.
Issue Date Thursday, 6 April 2023.
Expected date of initial
quotation and trading on NZX
Debt Market
Tuesday, 11 April 2023.
Maturity Date Friday, 6 April 2029.
Issue Margin 1.35% per annum.

Interest Rate 5.62% per annum, being the sum of the Issue Margin and the Base Rate.
Base Rate The mid-market rate for an interest rate swap of a term matching the period
from the Issue Date to the Maturity Date as calculated by the Arranger in
consultation with Contact, according to market convention, with reference to
Bloomberg page ‘ICNZ4’ (or its successor page) on the Rate Set Date and
expressed on a quarterly basis (rounded to 2 decimal places, if necessary, with
0.005 being rounded up).

3
Contact Energy 2029 Bonds – Final Terms Sheet


Issue Price NZ$1.00 per Green Bond.
Interest Payments Quarterly in arrear in equal payments.
Interest Payment Dates 6 January, 6 April, 6 July and 6 October each year up to and including the
Maturity Date.
The first Interest Payment Date is 6 July 2023.
Record Date 10 calendar days before the relevant Interest Payment Date or Maturity Date
or, if not a Business Day, the preceding Business Day.
Business Day A day (other than a Saturday or Sunday) on which registered banks are
generally open for business in Auckland and Wellington.
If an Interest Payment Date falls on a day that is not a Business Day, the due
date for any payment to be made on that date will be the next Business Day,
with no adjustment to be made to the amount payable as a result of the delay
in payment.
Minimum Application Amount NZ$5,000 with multiples of NZ$1,000 thereafter.
ISIN NZCEND0080L7.
NZX Debt Market Quotation Application has been made to NZX for permission to quote the Green Bonds on
the NZX Debt Market and all the requirements of NZX relating thereto that can
be complied with on or before the distribution of this Terms Sheet have been
duly complied with. However, NZX accepts no responsibility for any statement
in this Terms Sheet. NZX is a licensed market operator, and the NZX Debt
Market is a licensed market under the FMCA.
NZX Debt Market Ticker
Code
CEN080.
Transfers The registered owner of a Green Bond may transfer that Green Bond at any
time, subject to the terms of the Trust Documents and any applicable
securities laws and regulations.
Repo-eligibility Contact intends to apply to the Reserve Bank of New Zealand for the Green
Bonds to be included as eligible securities for domestic market operations.
Brokerage Applicants are not required to pay brokerage or any charges to Contact for an
application under the Offer.
No Event of Default Failure by Contact to:
1. allocate the proceeds of the Green Bonds as described in the Sustainable
Finance Framework;
2. meet the Climate Bonds Standard, Green Bond Principles or the
Sustainable Finance Framework in respect of the Green Bonds;
3. maintain CBI certification of the Green Bonds or other Green Debt
Instruments;
4. comply with any environmental laws and standards in respect of the Green
Assets or otherwise;
5. receive further assurance from CBI;
6. comply with the Sustainable Finance Framework (including updating its
website in respect of the Green Bonds);
7. notify Holders that the Green Bonds cease to comply with the Sustainable
Finance Framework, the Green Bond Principles or Climate Bonds Standard;
or
8. in any other way ensure that the Green Bonds retain their green attributes,
is not an Event of Default or other default or breach of any obligation under the
Trust Documents and does not have the result of requiring, or permitting
Holders or Contact to require, the Green Bonds to be repaid early. Contact
may, depending on the exact circumstances, provide the market with an
update in relation to the ongoing status of the Green Bonds as green bonds.

4
Contact Energy 2029 Bonds – Final Terms Sheet


Registrar and Paying Agent Link Market Services Limited.
The Green Bonds will be accepted for settlement within the NZClear system.
Early Repayment Holders have no rights to require Contact to redeem the Green Bonds early
except through the Supervisor in the case of an Event of Default (as set out in
the Trust Documents). Contact does not have the right to redeem the Green
Bonds early.
In the case of an Event of Default (as set out in the Trust Documents) which is
continuing unremedied, the Supervisor may declare, and may be directed by an
Extraordinary Resolution (as defined in the Trust Documents) of the Holders to
declare, the principal amounts of the Green Bonds, together with any accrued
interest, to be immediately due and payable.
Supervisor The New Zealand Guardian Trust Company Limited.
Governing Law New Zealand.
Who May Apply
& How to Apply
All of the Green Bonds including any oversubscriptions will be reserved for
clients of the Joint Lead Managers, institutional investors and other primary
market participants invited to participate in the bookbuild.
There will be no public pool for the Green Bonds.
Retail investors should contact the Joint Lead Managers, their financial advisor
or any Primary Market Participant for details on how they may acquire Green
Bonds. You can find a Primary Market Participant by visiting
www.nzx.com/investing/find-a-participant
Any allotment of Green Bonds will be at Contact’s discretion, in consultation
with the Joint Lead Managers. Contact reserves the right to refuse to make any
allotment (or part thereof) without giving any reason. Contact may deal with
oversubscriptions (if any) in its sole discretion.
Each investor’s financial advisor will be able to advise them as to what
arrangements will need to be put in place for the investors to trade the Green
Bonds including obtaining a common shareholder number (CSN), an
authorisation code (FIN) and opening an account with a Primary Market
Participant as well as the costs and timeframes for putting such arrangements
in place.
Singapore Securities and
Futures Act Product
classification
Solely for the purposes of its obligations pursuant to sections 309B(1)(a) and
309B(1)(c) of the Securities and Futures Act 2001, as modified or amended
from time to time (the SFA), Contact has determined, and hereby notifies all
relevant persons (as defined in Section 309A of the SFA) that the Green Bonds
are “prescribed capital markets products” (as defined in the Securities and
Futures (Capital Markets Products) Regulations 2018).
Selling Restrictions The selling restrictions set out in the schedule to this Terms Sheet apply.
Sustainable Finance
Framework Assurance
Contact has received a pre-issuance certification from CBI in respect of the
Green Bonds.
Contact has engaged Ernst & Young Limited to provide independent assurance
of the Sustainable Finance Framework to confirm that the Sustainable Finance
Framework continues to meet the requirements of the Climate Bonds Standard
and the Green Bond Principles. Contact will seek to obtain further assurance at
least annually.
Copies of the CBI certification and the latest Ernst & Young Limited
independent limited assurance report (which details the assurance procedures
and standards followed) can be found here:
www.contact.co.nz/aboutus/sustainability/financial-sustainability
The dates set out in this Terms Sheet are indicative only and Contact, in conjunction with the Joint Lead
Managers, may change the dates set out in this Terms Sheet. Contact has the right in its absolute discretion and
without notice to close the offer early, to extend the Closing Date, or to choose not to proceed with the offer. If the
Closing Date is changed, other dates (such as the Issue Date, Interest Payment Dates and the Maturity Date) may
be changed accordingly.
Any internet site addresses provided in this Terms Sheet are for reference only and, except as expressly stated
otherwise, the content of any such internet site is not incorporated by reference into, and does not form part of,
this Terms Sheet.

5
Contact Energy 2029 Bonds – Final Terms Sheet


Copies of the Trust Documents will be made available by Contact for inspection during usual business hours by
any Holder at Contact’s registered office listed above (or such office as Contact may notify the Holders from time
to time). Copies of the Trust Documents are also available on Contact’s website:
www.contact.co.nz/aboutus/investor-centre/investor-information#Bond-information
Investors should seek qualified, independent financial and taxation advice before deciding to invest. Investors will
be personally responsible for all tax return filing obligations in respect of their investment in the Green Bonds,
compliance with the financial arrangements rules (if applicable) and payment of provisional or terminal tax (if
required) on interest derived.
The Supervisor accepts no responsibility for the information contained in this Terms Sheet.
For further information regarding Contact, visit www.nzx.com/companies/CEN.

6
Contact Energy 2029 Bonds – Final Terms Sheet



SELLING RESTRICTIONS
The Green Bonds may only be offered for sale or sold in New Zealand in conformity with all applicable laws and
regulations in New Zealand. No Green Bonds may be offered for sale or sold in any other country or jurisdiction
except in conformity with all applicable laws and regulations of that country or jurisdiction and the selling
restrictions contained in this Terms Sheet. This Terms Sheet may not be published, delivered or distributed in or
from any country or jurisdiction except under circumstances which will result in compliance with all applicable
laws and regulations in that country or jurisdiction and the selling restrictions contained in this Terms Sheet.
Without limiting the generality of the above, the following selling restrictions apply in respect of each relevant
jurisdiction:
Member States of the European Economic Area
In relation to each Member State of the European Economic Area, no Green Bonds have been offered and no
Green Bonds will be offered that are the subject of the offering contemplated by this Terms Sheet in relation
thereto to the public in that Member State except that an offer of Green Bonds to the public in the Member State
may be made:
a) to any legal entity which is a qualified investor as defined in the EU Prospectus Regulation;
b) to fewer than 150 natural or legal persons (other than qualified investors as defined in the EU Prospectus
Regulation) subject to obtaining the prior consent of the Joint Lead Managers for any such offer; or
c) in any other circumstances falling within Article 1(4) of the EU Prospectus Regulation,
provided that no such offer of the Green Bonds shall require Contact or the Joint Lead Managers to publish a
prospectus pursuant to Article 3 of the EU Prospectus Regulation or supplement a prospectus pursuant to Article
23 of the EU Prospectus Regulation.
For the purposes of this provision, the expression an offer of the Green Bonds to the public in relation to any
Green Bonds in any Member State means the communication in any form and by any means of sufficient
information on the terms of the offer and the Green Bonds to be offered so as to enable an investor to decide to
purchase or subscribe for the Green Bonds and the expression EU Prospectus Regulation means Regulation (EU)
2017/1129.
United Kingdom
No Green Bonds have been offered and no Green Bonds will be offered that are the subject of the offering
contemplated by this Terms Sheet in relation thereto to the public in the United Kingdom except that it may make
an offer of such Green Bonds to the public in the United Kingdom:
a) to any legal entity which is a qualified investor as defined in Article 2 of the UK Prospectus Regulation;
b) to fewer than 150 natural or legal persons (other than qualified investors as defined in Article 2 of the UK
Prospectus Regulation) in the United Kingdom subject to obtaining the prior consent of the Joint Lead
Managers for any such offer; or
c) in any other circumstances falling within section 86 of the Financial Services and Markets Act 2000 (FSMA),
provided that no such offer of the Green Bonds shall require Contact or the Joint Lead Managers to publish a
prospectus pursuant to section 85 of the FSMA or supplement a prospectus pursuant to Article 23 of the UK
Prospectus Regulation.
For the purposes of this provision, the expression an offer of the Green Bonds to the public in relation to any
Green Bonds means the communication in any form and by any means of sufficient information on the terms of
the offer and the Green Bonds to be offered so as to enable an investor to decide to purchase or subscribe for the
Green Bonds and the expression UK Prospectus Regulation means Regulation (EU) 2017/1129 as it forms part
of domestic law by virtue of the European Union (Withdrawal) Act 2018.
Other regulatory restrictions
No communication, invitation or inducement to engage in investment activity (within the meaning of section 21 of
the FSMA) has been or may be made or caused to be made or will be made in connection with the issue or sale of
the Green Bonds in circumstances in which section 21(1) of the FSMA applies to Contact.
All applicable provisions of the FSMA with respect to anything done by it in relation to the Green Bonds in, from or
otherwise involving the United Kingdom, must be complied with.
Singapore
This Terms Sheet has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly,
this Terms Sheet and any other document or material in connection with the offer or sale, or invitation for
subscription or purchase, of the Green Bonds may not be circulated or distributed, nor may the Green Bonds be
offered or sold, or caused to be made the subject of an invitation for subscription or purchase, whether directly or

7
Contact Energy 2029 Bonds – Final Terms Sheet


indirectly, to any person in Singapore other than (i) to an institutional investor (as defined in Section 4A of the
SFA) pursuant to Section 274 of the SFA, (ii) to a relevant person (as defined in Section 275(2) of the SFA)
pursuant to Section 275(1) of the SFA, or any person pursuant to Section 275(1A) of the SFA, and in accordance
with the conditions specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the
conditions of, any other applicable provision of the SFA.
Where the Green Bonds are subscribed or purchased under Section 275 of the SFA by a relevant person which is:
a) a corporation (which is not an accredited investor (as defined in Section 4A of the SFA)) the sole business
of which is to hold investments and the entire share capital of which is owned by one or more individuals,
each of whom is an accredited investor; or
b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each
beneficiary of the trust is an individual who is an accredited investor,
securities or securities-based derivatives contracts (each term as defined in Section 2(1) of the SFA) of that
corporation or the beneficiaries’ rights and interest (howsoever described) in that trust shall not be transferred
within six months after that corporation or that trust has acquired the Green Bonds pursuant to an offer made
under Section 275 of the SFA except:
1) to an institutional investor or to a relevant person or to any person arising from an offer referred to in
Section 275(1A) or Section 276(4)(c)(ii) of the SFA;
2) where no consideration is or will be given for the transfer;
3) where the transfer is by operation of law;
4) as specified in Section 276(7) of the SFA; or
5) as specified in Regulation 37A of the Securities and Futures (Offers of Investments) (Securities and
Securities-based Derivatives Contracts) Regulations 2018.
Australia
No prospectus or other disclosure document (as defined in the Corporations Act 2001 of Australia (Corporations
Act)) in relation to the Green Bonds (including this Terms Sheet) has been, or will be, lodged with, or registered
by, the Australian Securities and Investments Commission (ASIC) or any other regulatory authority in Australia.
No person may:
a) make or invite (directly or indirectly) an offer of the Green Bonds for issue, sale or purchase in, to or from
Australia (including an offer or invitation which is received by a person in Australia); and
b) distribute or publish, any Terms Sheet, information memorandum, prospectus or any other offering material
or advertisement relating to the Green Bonds in Australia, unless:
i. the minimum aggregate consideration payable by each offeree or invitee is at least A$500,000 (or its
equivalent in an alternative currency and, in either case, disregarding moneys lent by the offeror or its
associates) or the offer or invitation otherwise does not require disclosure to investors in accordance
with Part 6D.2 or Chapter 7 of the Corporations Act;
ii. the offer or invitation is not made to a person who is a “retail client” within the meaning of section 761G
of the Corporations Act;
iii. such action complies with all applicable laws, regulations and directives (including, without limitation,
the licensing requirements set out in Chapter 7 of the Corporations Act); and
iv. such action does not require any document to be lodged with, or registered by, ASIC or any other
regulatory authority in Australia.
By applying for the Green Bonds under this Terms Sheet, each person to whom the Green Bonds are issued (an
Investor):
a) will be deemed by Contact and the Joint Lead Managers to have acknowledged that if any Investor on-sells
the Green Bonds within 12 months from their issue, the Investor will be required to lodge a prospectus or
other disclosure document (as defined in the Corporations Act) with ASIC unless either:
i. that sale is to an investor within one of the categories set out in sections 708(8) or 708(11) of the
Corporations Act to whom it is lawful to offer the Green Bonds in Australia without a prospectus or other
disclosure document lodged with ASIC; or
ii. the sale offer is received outside Australia; and
b) will be deemed by Contact and the Joint Lead Managers to have undertaken not to sell those Green Bonds in
any circumstances other than those described in paragraphs (a)(i) and (a)(ii) above for 12 months after the
date of issue of such Green Bonds.

8
Contact Energy 2029 Bonds – Final Terms Sheet


This Terms Sheet is not, and under no circumstances is to be construed as, an advertisement or public offering of
any Green Bonds in Australia.
United States of America
The Green Bonds have not been and will not be registered under the Securities Act of 1933, as amended
(Securities Act) and may not be offered or sold within the United States or to, or for the account or benefit of,
U.S. persons (as defined in Regulation S under the Securities Act (Regulation S)) except in accordance with
Regulation S or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of
the Securities Act.
None of Contact, any Joint Lead Manager nor any person acting on its or their behalf has engaged or will engage
in any directed selling efforts in relation to the Green Bonds, and each of Contact, any Joint Lead Manager have
complied and will comply with the offering restrictions requirements of Regulation S under the Securities Act.
The Green Bonds will not be offered or sold within the United States or to, or for the account or benefit of, U.S.
persons (i) as part of their distribution at any time, or (ii) otherwise until 40 days after the completion of the
distribution of all Green Bonds of the Tranche of which such Green Bonds are part, as determined and certified by
any Joint Lead Manager, except in accordance with Rule 903 of Regulation S under the Securities Act. Any Green
Bonds sold to any distributor, dealer or person receiving a selling concession, fee or other remuneration during the
distribution compliance period require a confirmation or notice to the purchaser at or prior to the confirmation of
the sale to substantially the following effect:
‘The Green Bonds covered hereby have not been registered under the United States Securities Act of 1933, as
amended (the ‘Securities Act’) or with any securities regulatory authority of any state or other jurisdiction of the
United States and may not be offered or sold within the United States, or to or for the account or benefit of, U.S.
persons (as defined in Regulation S under the Securities Act) (i) as part of their distribution at any time or (ii)
otherwise until 40 days after the later of the commencement of the offering of the Green Bonds and the closing
date except in either case pursuant to a valid exemption from registration in accordance with Regulation S under
the Securities Act. Terms used above have the meaning given to them by Regulation S.’
Until 40 days after the completion of the distribution of all Green Bonds of the Tranche of which those Green
Bonds are a part, an offer or sale of the Green Bonds within the United States by any Joint Lead Manager, or any
dealer or other distributor (whether or not participating in the offering) may violate the registration requirements
of the Securities Act if such offer or sale is made otherwise than in accordance with Regulation S.
Hong Kong
No Green Bonds have been offered or sold or will be or may be offered or sold in Hong Kong, by means of any
document, other than (a) to professional investors as defined in the Securities and Futures Ordinance (Cap. 571)
of Hong Kong (the SFO) and any rules made under the SFO; or (b) in other circumstances which do not result in
the document being a prospectus as defined in the Companies (Winding Up and Miscellaneous Provisions)
Ordinance (Cap. 32) of Hong Kong (the C(WUMP)O) or which do not constitute an offer to the public within the
meaning of the C(WUMP)O.
No advertisement, invitation or document relating to the Green Bonds may be issued or in the possession of any
person or will be issued or be in the possession of any person in each case for the purpose of issue, whether in
Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the
public of Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect
to the Green Bonds which are or are intended to be disposed of only to persons outside Hong Kong or only to ‘
professional investors’ as defined in the SFO and any rules made under the SFO.
Japan
The Green Bonds have not been and will not be registered in Japan pursuant to Article 4, Paragraph 1 of the
Financial Instruments and Exchange Act of Japan (Act No. 25 of 1948, as amended, the FlEA) in reliance upon the
exemption from the registration requirements since the offering constitutes the small number private placement
as provided for in “ha” of Article 2, Paragraph 3, Item 2 of the FlEA. A Japanese Person who transfers the Green
Bonds shall not transfer or resell the Green Bonds except where the transferor transfers or resells all the Green
Bonds en bloc to one transferee. For the purposes of this paragraph, Japanese Person shall mean any person
resident in Japan, including any corporation or other entity organised under the laws of Japan.
Indemnity
By its subscription for the Green Bonds, each Holder agrees to indemnify Contact, the Arranger, the Joint Lead
Managers and the Supervisor and each of their respective directors, officers and employees for any loss, cost,
liability or expense sustained or incurred by Contact, the Arranger, the Joint Lead Managers or the Supervisor, as
the case may be, as a result of the breach by that Holder of the selling restrictions set out above.

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Contact Energy 2029 Bonds – Final Terms Sheet


CBI disclaimer
The certification of the Green Bonds as Climate Bonds by the Climate Bonds Initiative is based solely on the
Climate Bonds Standard and does not, and is not intended to, make any representation, warranty, undertaking,
express or implied, or give any assurance with respect to any other matter relating to the Green Bonds, the
Sustainable Finance Framework, any other Green Debt Instrument or Green Asset, including but not limited to
this Terms Sheet, the Trust Documents, any transaction documents, Contact or the management of Contact.
The certification of the Green Bonds as Climate Bonds by the Climate Bonds Initiative was addressed solely to
the board of directors of Contact and is not a recommendation to any person to purchase, hold or sell the Green
Bonds (or any other Green Debt Instruments in the Sustainable Finance Framework) and such certification does
not address the market price or suitability of the Green Bonds or the Sustainable Finance Framework for a
particular investor. Each potential purchaser of the Green Bonds should determine for itself the relevance of this
certification. Any purchase of Green Bonds should be based upon such investigation that each potential
purchaser deems necessary. The certification also does not address the merits of the decision by Contact or any
third party to participate in the Green Bonds, any other Green Debt Instruments or any Green Asset and does not
express and should not be deemed to be an expression of an opinion as to Contact or any aspect of the Green
Bonds, any other Green Debt Instruments or any Green Asset (including but not limited to the financial viability of
the Green Bonds, any other Green Debt Instruments or any Green Asset) other than with respect to conformance
with the Climate Bonds Standard.
In issuing or monitoring, as applicable, the certification, the Climate Bonds Initiative has assumed and relied upon
and will assume and rely upon the fairness, accuracy, reasonableness and completeness in all material respects
of the information supplied or otherwise made available to the Climate Bonds Initiative. The Climate Bonds
Initiative does not assume or accept any responsibility or liability to any person for independently verifying (and it
has not verified) such information or to undertake (and it has not undertaken) any independent evaluation of any
Green Debt Instruments, Green Asset or Contact. In addition, the Climate Bonds Initiative does not assume any
obligation to conduct (and it has not conducted) any physical inspection of any Green Debt Instruments or Green
Asset. The certification may only be used with the Green Bonds and may not be used for any other purpose
without the Climate Bonds Initiative’s prior written consent.
The certification does not, and is not in any way intended to, address the likelihood of timely payment of interest
when due on the Green Bonds (or any other Green Debt Instruments in the Sustainable Finance Framework)
and/or the payment of principal at maturity or any other date.
The certification may be withdrawn at any time in the Climate Bonds Initiative’s sole and absolute discretion and
there can be no assurance that such certification will not be withdrawn.
Arranger and Joint Lead Manager important information
None of the Arranger, the Joint Lead Managers nor any of their respective directors, officers, employees and
agents: (a) to the extent permitted by law, accept any responsibility or liability whatsoever for this Terms Sheet or
any loss arising from this Terms Sheet or its contents or otherwise arising in connection with the offer of Green
Bonds; (b) authorised or caused the issue of, or made any statement in, any part of this Terms Sheet; and (c)
make any representation, recommendation or warranty, express or implied regarding the origin, validity, accuracy,
adequacy, reasonableness or completeness of, or any errors or omissions in, any information, statement or
opinion contained in this Terms Sheet. This Terms Sheet does not constitute financial advice or a
recommendation from the Arranger, any Joint Lead Manager or any of their respective directors, officers,
employees, agents or advisers to purchase, any Green Bonds. Each Holder must make its own independent
investigation and assessment of the financial condition and affairs of the issuer before deciding whether or not to
invest in the Green Bonds.