Ventia extends contract with Transpower New Zealand

Ventia Services Group Ltd
ABN 53 603 253 541

Level 27, 155 Miller Street
North Sydney NSW 2060
AUSTRALIA

ventia.com
ASX and NZX Release


18 February 2026


Ventia extends contract to provide specialist
electrical services across New Zealand’s national grid

Ventia Services Group Limited (ASX: VNT) has today extended its contract with Transpower New
Zealand Limited (Transpower) to operate, maintain and provide specialist electrical services across
New Zealand’s national electricity grid.

The two-year extension was built into to the Transmission Grid Services contract and Contestable
Work Panels that commenced in 2022. It is expected to generate approximately NZ$160 million in
revenue for Ventia. The extension will commence in August 2027 and will see Ventia continue to
operate across two separate regions, across both North and South Islands.

Ventia has delivered specialist electrical services to Transpower for more than 30 years and today
service around one third of Transpower’s network reflecting a commitment to customer satisfaction
and ongoing innovation.

“Our long-standing relationship with Transpower has been underpinned by consistent performance,
collaboration and a shared focus on delivering safe and reliable energy infrastructure. We are pleased
to be extending our partnership and look forward to continuing to grow our relationship and delivering
the critical services that support New Zealand’s energy future,” said Dean Banks, Managing Director
and Group CEO.
This announcement has been authorised for release by Ventia’s Disclosure Committee.

-Ends-
For further information, please contact:


Investors Media
Chantal Travers Jay Pleass
General Manager Investor Relations General Manager Government & Public Affairs
chantal.travers@ventia.com jay.pleass@ventia.com
+61 428 822 375 +61 412 623 578
About Ventia
Ventia is a leading essential infrastructure services provider in Australia and New Zealand, proudly providing the services
that keep infrastructure working for our communities. Ventia has access to a combined workforce of more than 35,000
people, operating in over 400 sites across Australia and New Zealand. With a strategy to redefine service excellence by
being customer-focused, innovative and sustainable, Ventia operates across a broad range of industry segments, including
defence, social infrastructure, water, electricity and gas, resources, telecommunications and transport.