Manawa shareholders approve acquisition by Contact

18 June 2025

Manawa shareholders approve acquisition by
Contact

Today, the proposed scheme of arrangement under which Contact Energy Limited (Contact) will,
subject to the satisfaction of certain conditions, acquire 100% of Manawa Energy Limited (Manawa)
(the Scheme), has been approved by Manawa at a special meeting of shareholders.

Details of the voting thresholds required to approve the Scheme, and the voting results, are set out in
the market announcement released today by Manawa.

The final steps in the Scheme process are now underway, including an application to the High Court
for final orders.

If the High Court approves the Scheme and all remaining conditions are satisfied or waived,
implementation of the Scheme is expected to occur on 11 July 2025.


- ends -


Investor enquiries Media enquiries
Shelley Hollingsworth Louise Wright
Head of Corporate Finance (Acting) Head of Communications and Reputation
+64 27 227 2429 +64 21 840 313
investor.centre@contactenergy.co.nz media@contactenergy.co.nz






IMPORTANT NOTICE: Any shares offered under the Scheme are being offered only to eligible Manawa shareholders in New
Zealand (pursuant to the exclusion in clause 19 of schedule 1 of the New Zealand Financial Markets Conduct Act 2013), in
Australia (in reliance on ASIC Corporations (Compromises or Arrangements) Instrument 2015/358) and in any other jurisdiction
as may be agreed between Contact and Manawa. No product disclosure statement or prospectus or other offering document
under New Zealand or Australian law or any other law will be prepared, filed with or approved by any regulatory authority in
New Zealand, Australia or any other jurisdiction). In particular, this announcement and its attachments do not constitute an offer
to sell, or the solicitation of an offer to buy, securities in the United States or any other jurisdiction in which such an offer would
be illegal. Any securities described in this announcement have not been, and will not be, registered under the U.S. Securities
Act of 1933, as amended (U.S. Securities Act) or the securities laws of any state or other jurisdiction of the United States and
may not be offered or sold, directly or indirectly, in the United States except in transactions exempt from, or not subject to, the
registration requirements of the U.S. Securities Act and the securities laws of any state or other jurisdiction of the United States.
The distribution, release or publication of this announcement outside New Zealand or Australia may be restricted by law. If you
are outside New Zealand and Australia and come into possession of this announcement, you should seek advice on and
observe any such restrictions. Any failure to comply with such restrictions may constitute a violation of applicable laws and
regulations. Contact disclaims all liability that may arise if a person fails to comply with such restrictions.