2021 Investor Day Presentation

North Island battery To build greater depth to North Island reserve offers In turn allowing greater HVDC North transfer and less inter-island price differential Potentially shared ownership with Contact Energy Likely 100MW capacity NZAS exit delay gives more time to consider location and technology alternatives Intended commissioning in 2024 Meridian. Tesla 100-MW/129-MWh energy storage system, Hornsdale Wind Farm in South Australia Courtesy: Tesla 11 MAY 2021 2021 INVESTOR DAY PRESENTATION | 60

View entire presentation