New director announced

Market Release
13 June 2025
New director announced

Vector announces the appointment today of Vaughan Busby as a non-executive director.

This appointment follows an external review and search by the Vector board. Vaughan Busby
is an experienced energy and infrastructure leader, bringing over 20 years of expertise to the
board. Mr Busby currently serves as a non-executive director for Energy Queensland (the
largest electricity distribution business in Australia) and Netlogix Australia and is the chair of
Australian entity SFV (an energy infrastructure financing company). Previously, Mr Busby was
the chair of ASX-listed SciDev and has held directorships at EnergyCo NSW, Energy One,
Ergon Energy, Morrison and Infratil Energy Australia.

Mr Busby is a graduate of IMD Lausanne (Switzerland) and the University of Otago. Building
on his long and successful career in Australia, Mr Busby said he is pleased to be joining the
board of NZX-listed Vector and expanding his governance portfolio in New Zealand.

The board has determined that Mr Busby will be an independent non-executive director. As
this appointment is to fill a casual vacancy, Mr Busby will stand for election at the next meeting
of shareholders.

Vector chair, Doug McKay said the board is delighted with the appointment. “Vaughan is a
high-quality addition to our board, with industry leading expertise and a track record of growth
and innovation in the energy sector.”

ENDS


Investor contact
Jason Hollingworth, Chief financial officer
jason.hollingworth@vector.co.nz 021 312 928

Media contact
Jane Luscombe, GM PR and communications
jane.luscombe@vector.co.nz 021 76 79 70



About Vector
Vector is an innovative New Zealand energy company, delivering energy and communication
services to more than 630,000 residential and commercial customers across New Zealand.
Vector has a leading role in creating a new energy future through its Symphony strategy which
puts customers at the heart of the energy system. Vector is listed on the New Zealand Stock
Exchange with ticker symbol VCT. Our majority shareholder, with voting rights of 75.1%, is
Entrust. For further information, visit www.vector.co.nz.