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Meridian CIO seconded to lead Flux Federation

Director Appointment28 May 2024MELUtilities

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Meridian Energy Limited (ARBN 151 800 396) A company incorporated in New Zealand

287-293 Durham Street North, Christchurch 8013


meridianenergy.co.nz

Stock Exchange Listings NZX (MEL) ASX (MEZ)

Meridian CIO seconded to lead Flux Federation


29 May 2024

Meridian’s Chief Information Officer (CIO) Bharat Ratanpal has been seconded as Interim CEO

to lead Meridian subsidiary Flux Federation.

Ratanpal’s appointment is with immediate effect and has been made by the Flux Board after a

review of the business and the recent resignation of CEO Nic Kennedy.

Bharat Ratanpal was appointed Meridian’s Chief Information Officer in March 2022 after leading

the IT function since 2018. He has a wealth of experience from an extensive career in

technology and telecoms, including leadership roles at Vodafone New Zealand and its

predecessor Telstra Clear.

The Flux Board has asked Ratanpal to refocus Flux’s efforts on the Australasian market, in

particular its existing customers. The Board believes this is critical for the future success of

Flux.

“The Flux Board is delighted to secure the experience and leadership capability of Bharat

Ratanpal. He has the ideal expertise to lead Flux through this next phase and is driven by putting

the customer at the heart of the work we do, which is essential our success,” says Flux

chairman Ken Tunnicliffe.

ENDS

Neal Barclay

Chief Executive

Meridian Energy Limited


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