Transition to Renewable Energy

We are carbon conscious ■ We back up solar power and displace coal use with our gas ▪ We support science-based initiatives We offset our travel emissions We want to reduce our carbon footprint and support New Zealand and Australia's biodiversity ▪ We support vulnerable families with their energy needs and cut emissions from heating their homes at the same time 500-2,000 NATIVE TREES FUNDED COMMITTED TO CLIMATE -2023- sthatcount.co.nz RAINBOW TICK CERTIFIED SALK INSTITUTE FOR BIOLOGICAL STUDIES Dunedin Curtain Bank warmth hapori - sustainability Our governance, risk management and disclosures align with the recommendations of the TCFD [Taskforce on Climate-related Financial Disclosures] We have reported on TCFD in our Annual Report since 2019 We are currently drafting a Transition plan for the Board Our carbon emissions intensity is dropping: Intensity factor [tCO2e per TJ] 7.00 6.00 5.00 ALDO 2018 2019 2020 2021 2022 By July 2024 we will be working towards compliance with the recently released Aotearoa New Zealand Climate Standards (XRB] By June 2025 we will comply with the full assurance requirements of the standards 12

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