FY2026 EBITDAF guidance upgraded to $1.05b

22/04/2026 08:30 NZST, MKTUPDTEP

Mercury announced today that it has upgraded its FY2026 EBITDAF guidance from $1.0b to $1.05b. This reflects disciplined portfolio management and higher forecast renewable generation from hydro and new generation.

Guidance may change and remains subject to any material events, significant one-off expenses or other unforeseen circumstances including changes to hydrological conditions.

ENDS

Howard Thomas

General Counsel and Company Secretary

Mercury NZ Limited

For investor relations queries, please contact:

Paul Ruediger

Head of Business Performance & Investor Relations

027 517 3470

investor@mercury.co.nz

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Catherine Morab

Reputation and Social Impact Lead

09 282 1158

mercurycommunications@mercury.co.nz