• Ventia extends 2-year contract with Transpower New Zealand
• Contract expected to generate NZ$160 million in revenue
• Ventia to continue operating across North and South Islands

Ventia Services Group Ltd (ASX: VNT) has extended its contract with Transpower New Zealand Limited (Transpower) to operate, maintain and provide specialist electrical services across New Zealand's national electricity grid. The two-year extension was built into the Transmission Grid Services contract and Contestable Work Panels that commenced in 2022. The extension will commence in August 2027 and is expected to generate approximately NZ$160 million in revenue for Ventia. Ventia has delivered specialist electrical services to Transpower for more than 30 years and currently services around one third of Transpower's network, reflecting a commitment to customer satisfaction and ongoing innovation. Ventia's Managing Director and Group CEO, Dean Banks, stated that the long-standing relationship with Transpower has been underpinned by consistent performance, collaboration and a shared focus on delivering safe and reliable energy infrastructure. Ventia looks forward to continuing to grow its relationship and delivering the critical services that support New Zealand's energy future.