Investor Presentaiton

Branch Scheme Enhancement • Due to be completed in early FY-23, as part of Manawa's commitment to enhancing our existing fleet of assets, • Will double the intake capacity, enabling the scheme to use its full consented take, and will now be able to operate under most flood conditions. • Advanced hydro scheme modelling was used to select the optimum design and location to ensure the best performance. Enhancement will deliver 10 GWh/year in additional output Mwww MANAWA ENERGY

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