NOVEMBER 2022 INVESTOR ROADSHOW PRESENTATION slide image

NOVEMBER 2022 INVESTOR ROADSHOW PRESENTATION

New Zealand electricity market 00000 00000 00000 00000 44 retail brands 2.1 million consumers (41 TWh pa) Annual generation (June 2022) 11% 1% 4% 6% olo plo 1% 1% 85% renewable 57% ■ Hydro ■ Geothermal ■ Biogas ■Wood ■ Wind Solar ■ Oil 5 major generators (all listed, 3 majority Govt owned) 1 transmission grid owner (state owned) Annual consumption (June 2022) 35% 1% 34% ■Residential ■Commercial ■ Agriculture ■ Industrial Other 1 very large industrial user (Rio Tinto/Sumitomo smelter), ~13% of national demand 29 distribution businesses (various ownership structures) Sources: Electricity Authority and Ministry of Business, Innovation and Employment 6% Meridian. 24% Meridian. 23% share Meridian. 33% share 19% ■ Coal Gas Waste Heat NOVEMBER 2022 INVESTOR ROADSHOW PRESENTATION 8
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