Contact Energy shareholders approve director election, remuneration increase

Contact Energy Limited announced the results of its 2025 Annual Shareholder Meeting held on September 16, 2025, where shareholders voted on three resolutions supported by the board. All resolutions were passed via a poll, as per NZX Listing Rule 6.1.

Shareholders overwhelmingly approved the election of Deion Campbell as a director, with 601,884,243 votes (98.98%) in favor and 6,174,120 votes (1.02%) against. A resolution to increase the maximum aggregate annual remuneration for directors by NZ$350,000, raising it from NZ$1,500,000 to NZ$1,850,000 per annum (plus GST if any), also passed with 508,347,360 votes (98.91%) for and 5,608,028 votes (1.09%) against. This resolution also recorded 93,512,862 abstentions.

The third resolution, authorizing the directors to fix the fees and expenses of the auditor, was also approved with a strong majority, receiving 607,084,914 votes (99.83%) in favor and 1,033,923 votes (0.17%) against. There were 84,324 abstentions for this resolution. Kirsten Clayton, general counsel & company secretary, signed off on the announcement.