Mercury NZ Limited/Announcement
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S&P reaffirms Mercury's corporate credit rating

Credit Rating21 September 2025MCYUtilities

The Mercury Building, 33 Broadway, Newmarket 1023
PO Box 90399, Auckland 1142

Classification: Confidential






STOCK EXCHANGE LISTINGS: NZX (MCY) / ASX (MCY)


ANNOUNCEMENT


S&P reaffirms Mercury’s corporate credit rating


22 September 2025 – S&P Global Ratings has confirmed Mercury’s corporate credit rating as

BBB+/Stable in a report published on 19 September 2025.

ENDS


Howard Thomas

General Counsel and Company Secretary

Mercury NZ Limited



For investor relations queries, please contact:

Paul Ruediger

Head of Business Performance & Investor

Relations

027 517 3470

investor@mercury.co.nz


For media inquiries, please contact:

Catherine Morab

Reputation and Social Impact Lead

027 210 5337

mercurycommunications@mercury.co.nz



ABOUT MERCURY NZ LIMITED

Mercury’s generation assets produce electricity from 100% renewable sources: hydro, geothermal

and wind. We’re also a retailer of electricity, gas, broadband and mobile services. We’re listed on the

New Zealand Stock Exchange and the Australian Stock Exchange with the ticker symbol ‘MCY’, with

foreign exempt listed status. The New Zealand Government holds a legislated minimum 51%

shareholding of Mercury.

Visit us at: www.mercury.co.nz

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