2021 Investor Day Presentation slide image

2021 Investor Day Presentation

513.0 516.0 wet-T uel-6 17-Jan 25-Jan 519.0 level (masi] 2-Feb 10 Feb 18-Feb 26-Feb 522.0 6-Mar 14-Mar 22-Mar Meridian. 525.0 528.0 531.0 534.0 Pukaki Lake Level 1999-2021 Lake Pūkaki low range operation ◉ Since April 2020, the full Lake Pūkaki storage range has been included in our modelling and forecasting Including the contingent storage allows a greater use of flexibility in the main range which can be seen in the forecast distribution Contingent storage is also included in the Electricity Risk Curves, increasing the margin Storage maintained above 518m historically WOE 7-Apr 15-Apr 23-Apr NEWT News 17-May 25-May un-2 10-Jun 18-Jun 26-Jun 4-Jul 12-Jul n-02 int-sz ny-5 13-Aug 21-Aug 29-Aug 6-Sep 14-Sep 22-Sep 30-Sep 8-Oct 120-9T 24-Oct AON-T 9-Nov 17-Nov 25-Nov 3-Dec 11-Dec 19-Dec 27-Dec MG 20121 LPC Forecast Pūkaki Storage Spaghetti historical mean without 2,200 contingent storage 2,000 1,800 2001 2003 forecast mean with 2001 1,600 2004 contingent storage 200036 200 2001 2014 2011 3012 2013 3014 Pukaki Storage (GWh) 1,400 1,200 1,000 800 600 stoc A 518.2m 2018 2017 400 AA 516.4m A 200 3019 0 Source: Meridian 08-Feb-211 Operational Storage 08-Apr-21 08-Jun-21 11 MAY 2021 08-Aug-21- 08-Oct-21- 08-Dec-21- 08-Feb-22- 08-Apr-22- 08-Jun-22- 08-Aug-22- 08-Oct-22 Discretionary Storage Individual Hyd Sequence Forecast Mean History <---8-Mar-21 08-Dec-22- 08-Feb-23- 2021 INVESTOR DAY PRESENTATION 08-Apr-23- 08-Jun-23- 08-Aug-23- 45 08-Oct-23-
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