Capital Change Notice

Template
Capital Change Notice

Updated as at June 2023



Please do not amend or delete individual rows. As this template relates to prescribed content, changes to content
should only be made where it is clearly indicated that this is permitted, otherwise, if an Issuer considers a particular
element does not apply, mark the row as N/A, Any other changes to this prescribed form must first be approved by
NZX as required under NZX Listing Rule 3.26.1.

Section 1: Issuer information
Name of issuer Meridian Energy Limited
NZX ticker code MEL
Class of financial product Performance Share Rights
ISIN (If unknown, check on NZX website) NZMELE0002S7
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 26,204
Nominal value (if any) Nil
Issue/acquisition/redemption price per security No consideration is payable for the
cancellation of the Performance Share
Rights.
Nature of the payment (for example, cash or other
consideration)
Nil
Amount paid up (if not in full) Nil
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the number
of Financial Products of the Class, excluding any
Treasury Stock, in existence)
1

0.0359%
For an issue of Convertible Financial Products or
Options, the principal terms of Conversion (for
example the Conversion price and Conversion date
and the ranking of the Financial Product in relation to
other Classes of Financial Product) or the Option (for
example, the exercise price and exercise date)
N/A
Reason for issue/acquisition/redemption and specific
authority for issue/acquisition/redemption/ (the reason
for change must be identified here)
Cancellation of Performance Share
Rights that had previously been issued
under the Meridian Energy Limited
Long Term Incentive Scheme.
Total number of Financial Products of the Class after
the issue/acquisition/redemption/Conversion
(excluding Treasury Stock) and the total number of
Financial Products of the Class held as Treasury Stock
after the issue/acquisition/redemption.
2,648,597,400 Ordinary Shares

1,824,495 Treasury Stock

1,973,958 Performance Share Rights
In the case of an acquisition of shares, whether those
shares are to be held as treasury stock
N/A

1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

Specific authority for the issue, acquisition, or
redemption, including a reference to the rule pursuant
to which the issue, acquisition, or redemption is made
Operation of the Meridian Energy
Limited Long Term Incentive Scheme
Rules: cessation of employment
Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
N/A
Date of issue/acquisition/redemption
2
30 June 2026
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this
announcement
Owen Hackston
Contact person for this announcement Owen Hackston
Contact phone number +64 21 2464 772
Contact email address owen.hackston@meridianenergy.co.nz
Date of release through MAP

30 June 2026




2
Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant
issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).