• Net profit increased by 62% to $423m
• Operating earnings (EBITDAF) rose by 31% to $1,011m
• Completed Manawa acquisition, adding 2.4TWh renewable output
• Secured $575m of new equity in February 2026
• Announced a final dividend of 24 cents per share

Contact Energy has reported a successful financial year 2026, with a net profit of $423 million, up 62% from the previous year, and operating earnings (EBITDAF) of $1,011 million, a 31% increase. The period included the acquisition of Manawa Energy from July 2025, which contributed significantly to the uplift in earnings. The improved operating result was driven by a significant lift in renewable output, up 2.9TWh including PPAs, with total output 98% renewable in FY26. This reflected the addition of the Manawa hydro assets and its contracted PPAs (wind and geothermal), which together contributed 2.4TWh, along with a full period of generation at Contact's new Te Huka 3 geothermal plant. Operating free cash flow of $648 million was up 49% on FY25, driven by the acquisition, improved operating performance and a positive movement in working capital. The Board declared a final dividend of 24 cents per share, taking the annual dividend declared for FY26 to 40 cents per share. Shareholders will have the option to participate in Contact's dividend reinvestment plan at a two percent discount.

Contact Energy plans to advance the execution of its Contact31+ strategy, focusing on leading New Zealand's renewable energy future.