Financial Assistance - Employee Share Scheme

Release
M e r i d i a n E n e r g y L i m i t e d ( A R B N 1 5 1 8 0 0 3 9 6 ) A c o m p a n y i n c o r p o r a t e d i n N e w Z e a l a n d
L e v e l 2 , 9 8 C u s t o m h o u s e Q u a y , W e l l i n g t o n 6 0 1 1
m e r i d i a n e n e r g y . c o . n z
Stock Exchange Listings NZX (MEL) ASX (MEZ)
Meridian Energy’s provision of financial assistance in
connection with its Employee Share Scheme
8 September 2026
Meridian Energy Limited (
Meridian
) has an Employee Share Scheme (
MyShare Scheme
) for its New Zealand
based permanent employees. The MyShare Scheme is designed to provide Meridian’s employees with an
opportunity to buy shares in Meridian and receive bonus shares for continuing to be an employee and
shareholder.
Under the MyShare Scheme, if participants remain employed by Meridian and retain ownership of their Meridian
shares for three years then participants are eligible for a cash bonus. The cash bonus is used by Sharesies
Limited (
Nominee
) to purchase shares at market price on behalf of participants.
In connection with the FY24 MyShare Scheme, Meridian has given financial assistance for the purchase of
shares in Meridian in accordance with the terms of the MyShare Scheme. The financial assistance has been
provided pursuant to section 80 of the Companies Act 1993.
The details of the financial assistance provided by Meridian are as follows:
Shares in respect of which the
financial assistance was provided
Consideration paid for the shares
Recipients of the financial
assistance
Nature and amount of the financial
assistance
55,337.62 ordinary shares in Meridian Energy Limited
$5.35 per share
Eligible participants of Meridian Energy’s FY24 MyShare
Scheme
The financial assistance was given in the form of a cash bonus
to eligible participants for the purpose of enabling the Nominee
to purchase Meridian shares on behalf of the participants. The
gross amount of the financial assistance was $516,514 (before
Kiwisaver and PAYE deductions).
Authorised for release by:
Jason Woolley
General Counsel and Company Secretary
Meridian Energy Limited
For investor relations queries, please contact:
Owen Hackston
Investor Relations Manager
021 246 4772
For media queries, please contact:
Lachlan Forsyth
Media & Content Manager
021 243 5342