Contact sets interest rate for green Capital Bonds

26 September 2024 Contact sets interest rate for green Capital Bonds Contact Energy Limited (Contact) has today announced that the bookbuild for its offer of unsecured subordinated green capital bonds (Capital Bonds) has been completed and confirmed that $250 million has been reserved for clients of those participants in the bookbuild process that have received firm allocations. This includes oversubscriptions of $50 million. There was no public pool for the offer. The interest rate for the first five years has been set at 5.67% per annum. For so long as the Capital Bonds remain outstanding, the interest rate will be reset at five-yearly intervals to be equal to sum of the five-year swap rate, the margin of 2.15% and a step-up of 0.25%, unless otherwise determined as part of a successful election process. The Capital Bonds will be issued on 3 October 2024 and quoted on the NZX Debt Market under the ticker code CEN090 on 4 October 2024. A copy of the final terms sheet will be provided to NZX. For further details investors can contact one of the Joint Lead Managers to the offer (listed below) or their usual financial adviser. Bank of New Zealand 09 375 1391 Craigs Investment Partners Limited 0800 272 442 Forsyth Barr Limited 0800 367 227 -ends- Investor enquiries Shelley Hollingsworth Investor Relations and Strategy Manager +64 27 227 2429 shelley.hollingsworth@contactenergy.co.nz Media enquiries Louise Wright Head of Communications and Reputation +64 21 840 313 media@contactenergy.co.nz