YOUR BOARD OF DIRECTORS.

1 May 2010 Governance; commercial experience;

Prue is a professional director with experience across a range of industries. Formerly a commercial lawyer and partner in the national law firm Russell McVeagh for 20 years, her expertise included corporate and regulatory matters, corporate finance, capital markets and business restructuring. Prue is a chartered member of the Institute of Directors, and was formerly a director of Chorus Limited, Bank of New Zealand and chair of Queenstown Airport Corporation.

Tenure: First Appointed: 1 Feb 2020

Last Elected: 24 Sep 2020

Key Skills*: Natural resource management (including water and climate change); health & safety; risk management.

Hannah is an environmental scientist with a particular interest in sustainable development and resilience. Until January 2020, she was President of the Asia Pacific Region and Global Sustainable Development Leader for Golder, a Canadian global ground engineering and environmental science company. Before joining Golder, Hannah was Managing Director of New Zealand environmental consultancy firm Kingett Mitchell. Hannah has extensive background in consulting, management and board roles across various sectors including electricity, construction and water management.

Tenure: First Appointed: 2 May 2012

Last Elected: 22 Sep 2022

Key Skills*: M&A and capital structure; investment analysis; audit and risk management; energy industry.

James is an experienced company director and Chair of company Audit and Risk Committees. He has specialist expertise in utility economics and 15 years' experience in capital markets. He is currently Chair of Channel Infrastructure NZ Limited and is a director of Vista Group and Ryman Healthcare. James' prior roles have included Chair of NZX, Deputy Chair of Accident Compensation Corporation and board positions with Auckland International Airport, the Financial Markets Authority and Vector.

James is a qualified Chartered Accountant and is a Fellow of the Institute of Chartered Accountants and Institute of Finance Professionals.

Susan Peterson Director

Tenure: First Appointed: 1 Sep 2022

Last Elected: 22 Sep 2022

Key Skills*: Commercial experience; AI; automation and digitisation; customer relationships; large organisation and cultural leadership experience.

Susan is an experienced director and business leader with a particular interest in helping companies drive growth through technology, innovative customer solutions and organisational culture. She currently chairs Vista Group, is an independent director of Xero, Arvida and Craigs Investment Partners and is a Trustee on the Board of Global Women. Susan is a past director of Trustpower, ASB Bank, The New Zealand Merino Company, Compaq Sorting and Property for Industry.

Susan is a lawyer whose professional career primarily involved several senior roles in the ANZ Bank group.

*Key Skills are defined as the particular skills each director brings to the Mercury Board, and which we consider in our succession planning.

Tenure Key:

< 3 years 3-6 years

6+ years

Committee Membership Key:

N Nominations Committee

P People and Performance Committee

R Risk Assurance and Audit Committee

Chair of the committee