NOVEMBER 2022 INVESTOR ROADSHOW PRESENTATION slide image

NOVEMBER 2022 INVESTOR ROADSHOW PRESENTATION

Our Climate Action Plan Our purpose Meridian's purpose of Clean energy for a fairer and healthier world is at the centre of everything we do on our journey to net zero. Our business Our priorities Our energy generation is from 100% renewable Wind. sources through: Water. Sun. We are continuing development of additional renewable energy generation ⚫ electrifying process heat A vehicle charging infrastructure ⚫green hydrogen production AA These priorities align with our commitment to contribute meaningfully to the United Nations (UN) Sustainable Development Goals (SDGs) where we can have most impact - such as SDG13 Climate Action. See our Sustainability Policy for further detall. 2030 Half by 30 our gross operational Forever Forests Our nature-based commitment to emission removals. We are focused on reducing emissions by half by FY30*. Helping customers and Aotearoa to decarbonise Increasing consumption of renewable electricity through electrification. Where we can't reduce our operational emissions right now, we offset using Gold Standard Verified Emission Reductions and have done since FY19. *Meridian's operational emission boundary includes all scope 1, 2 and 3 categories, excluding all one-time construction emissions from major projects and all activities that are capitalised as part of renewable energy projects. From our FY21 baseline (excluding Meridian Australia). Our Half by 30 focus areas Land Transport Farms Fugitive emissions Air travel Ferry and barge Waste Meridian. Meridian. NOVEMBER 2022 INVESTOR ROADSHOW PRESENTATION 18
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