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SPH Notice - Milford Asset Management Ltd

Substantial Holder Notice23 February 2026CENUtilities

100080615/3821107.1 1
Disclosure of ceasing to have substantial holding

Section 279, Financial Markets Conduct Act 2013

To New Zealand Stock Exchange

and

To Contact Energy Ltd

Date this disclosure made:23/02/2026

Date last disclosure made: 20/02/2026

Date on which substantial holding ceased:22/02/2026

Substantial product holder(s) giving disclosure

Full name(s): Milford Asset Management Ltd

Summary of previous substantial holding

Class of quoted voting products: Ordinary Shares

Summary for Milford Asset Management Ltd:

For last disclosure,—


(a)total number held in class: 51,991,201.00

(b)total in class: 994,424,000

(c)total percentage held in class: 5.228%

Account Custodian Qty/Par %

Milford Australian Absolute Growth Fund Custodian – HSBC 609,833.00 0.061%

Milford Dynamic Small Companies Fund Custodian – HSBC 491,904.00 0.049%

Milford Aggressive Fund Custodian – HSBC 20,900.00 0.002%

Milford Australian Absolute Growth Wholesale Fund Custodian – HSBC 806,119.00 0.081%

Milford Active Growth Wholesale Fund Custodian – HSBC 29,427,532.00 2.959%

Milford Dynamic Wholesale Fund Custodian – HSBC 3,686,684.00 0.371%

Milford Income Wholesale Fund Custodian – HSBC 7,564,842.00 0.761%

Milford NZ Equities Wholesale Fund Custodian – HSBC 9,243,864.00 0.930%

Milford Trans Tasman Equity Screened Wholesale Custodian – HSBC 139,523.00 0.014%

For current holding after ceasing to have substantial holding,—

(a)total number held in class: 51,987,610

(b)total in class: 1,045,853,000

(c)total percentage held in class: 4.971%



100080615/3821107.1 2

Account Custodian Qty/Par %

Milford Australian Absolute Growth Fund Custodian – HSBC 609,833.00 0.058%

Milford Dynamic Small Companies Fund Custodian – HSBC 491,904.00 0.047%

Milford Australian Absolute Growth Wholesale Fund Custodian – HSBC 806,119.00 0.077%

Milford Active Growth Wholesale Fund Custodian – HSBC 29,427,532.00 2.814%

Milford Dynamic Wholesale Fund Custodian – HSBC 3,686,684.00 0.353%

Milford Income Wholesale Fund Custodian – HSBC 7,564,842.00 0.723%

Milford NZ Equities Wholesale Fund Custodian – HSBC 9,243,864.00 0.884%

Milford Trans Tasman Equity Screened Wholesale Custodian – HSBC 156,832.00 0.015%


Details of transactions and events giving rise to ceasing of substantial holding

Details of the transactions or other events requiring disclosure: on market sells of 20,900

units for total consideration of $193,084.65. On market purchases totalling 17,309 units

for total consideration of $160,108.25 NZD.

Additional information

Address(es) of substantial product holder(s): Level 12, 50 Albert Street, Auckland, NZ.

Contact details: Zachary Kenworthy Team Leader, Operations

Trades@milfordasset.com +64 9 921 4700

Certification

I, Zachary Kenworthy, certify that, to the best of my knowledge and belief, the

information contained in this disclosure is correct and that I am duly authorised to make

this disclosure by all persons for whom it is made.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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