• Contact Energy proposes $525 million equity raising
• Comprises $450 million institutional placement and up to $75 million retail offer
• Trading halt requested to enable placement and determine allocation

Contact Energy Limited has requested a trading halt on its ordinary shares and quoted bonds on the NZX and ASX, as well as its quoted EMTN on the ASX. The trading halt has been requested to enable Contact Energy to undertake an equity raising of $525 million, comprising a $450 million institutional placement and a non-underwritten retail offer of up to $75 million to eligible existing shareholders in New Zealand and Australia. The placement is fully underwritten by UBS New Zealand Limited. Contact Energy believes the trading halt is necessary to enable the placement to be conducted and the allocation of shares to be determined, as information about the placement or take-up by investors may be known by some market participants and not others, which could impact a fair, orderly and transparent market. The trading halt will commence immediately and be lifted at the earlier of the announcement of the completion of the placement and the opening of trading on the NZX and ASX on Tuesday, 17 February 2026.