Financial assistance - Employee Share Scheme

Release






Meridian Energy Limited (ARBN 151 800 396) A company incorporated in New Zealand
Level 2, 98 Customhouse Quay, Wellington 6011
meridianenergy.co.nz
Stock Exchange Listings NZX (MEL) ASX (MEZ)
Meridian Energy’s provision of financial assistance in
connection with its Employee Share Scheme

9 September 2025

Meridian Energy Limited (
Meridian
) has an Employee Share Scheme (
MyShare Scheme
) for its New
Zealand based permanent employees. The MyShare Scheme is designed to provide Meridian’s
employees with an opportunity to buy shares in Meridian and receive bonus shares for continuing to
be an employee and shareholder.
Under the MyShare Scheme, if participants remain employed by Meridian and retain ownership of
their Meridian shares for three years then participants are eligible for a cash bonus. The cash bonus
is used by Sharesies Limited (
Nominee
) to purchase shares at market price on behalf of participants.
In connection with the FY23 MyShare Scheme, Meridian has given financial assistance for the
purchase of shares in Meridian in accordance with the terms of the MyShare Scheme. The financial
assistance has been provided pursuant to section 80 of the Companies Act 1993.
The details of the financial assistance provided by Meridian are as follows:
Shares in respect of which the financial
assistance was provided
49,099.11 ordinary shares in Meridian Energy
Limited
Consideration paid for the shares $5.69 per share
Recipients of the financial assistance Eligible participants of Meridian Energy’s FY23
MyShare Scheme
Nature and amount of the financial assistance The financial assistance was given in the form of a
cash bonus to eligible participants for the purpose
of enabling the Nominee to purchase Meridian
shares on behalf of the participants. The gross
amount of the financial assistance was $468,288
(before Kiwisaver and PAYE deductions).

ENDS

Authorised for release by:
Jason Woolley
General Counsel and Company Secretary
Meridian Energy Limited


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021 246 4772
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0278 385 710