Issue of Share Rights

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 l a n d
L e v e l 2 , 9 8 C u s t o m h o u s e Q u a y , W e l l i n g t o n 6 0 1 1

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)
Issue of Share Rights
16 October 2024
In accordance with Listing Rule 3.18.1, the Meridian Board advises that it has decided to issue
share rights to certain employees of Meridian in connection with the long-term incentive
scheme (
LTI Scheme
). Each share right will, upon vesting and exercise of the right, entitle the
holder to one ordinary share in the Company (
Share
), plus an additional number of Shares
equal to the value of gross cash dividends per Share which would have been paid to a New
Zealand tax resident who held a Share for the duration of the vesting period, calculated using
a 10-day volume weighted average price.
The issue of share rights is expected to occur on 23 October 2024.

ENDS

Jason Woolley
Company Secretary
Meridian Energy Limited


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