Contact Energy Limited (“CEN”) – Trading Halt of Securities

NZX Limited
Level 2, NZX Centre
11 Cable Street
PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599

www.nzx.com

Memorandum

To:
Market Participants
From:
NZX Product Operations
Date:
Monday, 16 February 2026
Subject
: Contact Energy Limited (“CEN”) – Trading Halt of Securities


Message
:

NZ RegCo advises that, at the request of the Contact Energy Limited (“CEN”), it has placed a
trading halt on CEN ordinary shares and quoted bonds CEN060, CEN070, CEN080 and
CEN090. The trading halt was placed at pre-market open today.
Attached is the trading halt application, for further information.
Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com
with any queries.

ENDS

---

Contact Energy Limited Level 2 Harbour City Tower, 29 Brandon Street, Wellington 6011 | PO Box 10742,
Wellington 6143
P: +64 4 499 4001 | F: +64 4 499 4003 | W: contactenergy.co.nz

16 February 2026

To: ASX Limited
20 Bridge St
Sydney NSW 2000
Australia
TradingHaltsNZ@asx.com.au
NZ RegCo
11 Cable St
Wellington
New Zealand
issuer@nzregco.com

Request for trading halt: Contact Energy Limited (ASX Code: CEN and CENHA;
NZX Codes: CEN, CEN060, CEN070, CEN080 and CEN090)

We request a trading halt to be applied to Contact Energy Limited’s (Contact) (i)
ordinary shares (ISIN: NZCENE0001S6) on NZX and ASX; its quoted bonds (being
CEN060, CEN070, CEN080 and CEN090) on NZX; and its quoted EMTN (ISIN
XS3216289663) on ASX, under ASX Listing Rule 17.1 and NZX Listing Rule 9.9.1(a) and
set out below details of the request as per the rules of each of ASX and NZX.

We would like the trading halt to commence immediately and be lifted at the earlier
of: (i) announcement of completion of the Placement described below; and (ii)
opening of trading on the NZX Main Board and ASX on Tuesday, 17 February 2026.

Reasons for trading halt:

Contact is proposing to undertake an equity raising of $525 million, comprising an
offer of NZ$450 million of ordinary shares to institutional and other select investors
(the Placement) to be conducted by UBS New Zealand Limited (UBS), followed by a
non-underwritten retail offer of up to NZ$75 million of ordinary shares (with the
ability to accept oversubscriptions at Contact’s discretion) to Contact’s eligible
existing shareholders in New Zealand and Australia (the Retail Offer). The Placement
is fully underwritten by UBS.

Contact considers that the trading halt is desirable to enable Contact and UBS to
conduct the Placement and determine the allocation of shares. Contact considers
that, but for the trading halt, the Placement process would impact a fair, orderly or
transparent market as information about the Placement or take-up by investors may
be known by some market participants and not others, so the market would not be
trading on a fully informed basis.

As soon as the trading halt is applied, Contact expects to be in a position to announce
to the market that the Placement is occurring and is proposed to be followed by the
Retail Offer.

As soon as the Placement and the allocation of shares is completed, Contact will be in
a position to release details of the results of the Placement to the market. Contact
believes that such information will be price sensitive.

Contact Energy Ltd
2
How long we want the trading halt to last:

We would like the trading halt to last one trading day, commencing immediately
today, 16 February 2026 and being lifted at the earlier of: (i) announcement of
completion of the Placement; and (ii) opening of trading on the NZX Main Board and
ASX on Tuesday, 17 February 2026.

The event we expect to happen that will end the trading halt:

We expect the trading halt to end once we are in a position to announce the
outcome of the Placement on the NZX and the ASX. We expect this to occur before
market open on the NZX and ASX on Tuesday, 17 February 2026.

Other information necessary to inform the market about the trading halt or that
ASX or NZ RegCo have requested:

We do not believe that there is any other information necessary to inform the market
about the trading halt.

We confirm that we are not aware of any reason why the trading halt should not be
granted.
Yours sincerely


Kirsten Clayton
General Counsel and Company Secretary