CONTACT ENERGY APPOINTS NEW CHIEF FINANCIAL OFFICER

Contact Energy Limited Level 2 Harbour City Tower, 29 Brandon Street, Wellington 6011 | PO Box 10742,
Wellington 6143
P: +64 4 499 4001 | W: contactenergy.co.nz
14 May 2025
NZX Release
CONTACT ENERGY APPOINTS NEW CHIEF FINANCIAL OFFICER
Contact Energy (Contact) has today announced the appointment of Matt Forbes to the
position of Chief Financial Officer.
Matt is former Head of Corporate Finance at Contact and his selection follows an
extensive local and international recruitment process. He has been acting Chief Financial
Officer since predecessor Dorian Devers was appointed Chief Development and Major
Projects Officer in January 2025.
Speaking of the appointment, Contact CEO Mike Fuge said Matt would bring outstanding
strategic capability, decisive financial leadership, proven and trusted stakeholder
relationships and a critical understanding of the energy sector.
“We are delighted to welcome Matt to our high-performing leadership team and
congratulate him on his new role. Contact’s vision is to be a leader in the decarbonisation
and energy transition of New Zealand. Matt will play a critical part in the next phase of our
journey as we add value to the economy, our shareholders and the New Zealand public,”
says Mr Fuge.
Matt joined Contact in 2010. Over the last 15 years he has worked across the business in
generation, corporate finance, strategy and investor relations supporting capital raising,
driving the Contact 26 strategy, working on the Manawa acquisition and helping reshape
Contact’s portfolio.
"I’m incredibly honoured to be appointed CFO of Contact. It is a company that has shaped
my career profoundly and continues to inspire me through its purpose and people.
Contributing to New Zealand’s decarbonisation alongside such a committed team is a real
privilege,” says Mr Forbes.
“I’m excited to help realise the full potential of the Manawa transaction and our renewable
investment programme, while maintaining the disciplined approach to growth needed to
deliver lasting value for our investors and for New Zealand."
Matt is a Chartered Accountant and starts as Chief Financial Officer immediately.

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Contact Energy Limited Level 2 Harbour City Tower, 29 Brandon Street, Wellington 6011 | PO Box 10742,
Wellington 6143
P: +64 4 499 4001 | W: contactenergy.co.nz
Shelley Hollingsworth
Investor Relations and Strategy Manager
+64 27 227 2429
shelley.hollingsworth@contactenergy.co.nz
Media enquiries
Louise Wright
Head of Communications and Reputation
+64 21 840 313
media@contactenergy.co.nz

About Contact
Contact Energy is one of New Zealand’s largest energy generators and retailers. We have
more than 640,000 customer connections with electricity, gas, broadband and mobile
plans. We operate 11 power stations across New Zealand, using geothermal, hydro and
thermal energy to generate electricity.
Contact is building renewable energy at pace, investing $2.3billion into renewable energy
projects over the past four years, including three new geothermal power stations, a grid-
scale battery and solar farm.
Website: contact.co.nz. More information can be found in Contact’s 2024 Integrated
Report. Further details about our mahi with geothermal energy can be found on the BBC
StoryWorks Humanising Energy Series here.