Contact Energy shareholders back director election, fee increases

At its annual shareholder meeting on September 16, 2025, Contact Energy Limited secured shareholder approval for all three proposed resolutions. Deion Campbell was successfully elected as a director, receiving 601,884,243 votes (98.98%) in favor, with 6,174,120 votes (1.02%) against.

Shareholders also approved an increase in the maximum aggregate annual remuneration for directors. The remuneration will rise by NZ$350,000, from NZ$1,500,000 to NZ$1,850,000 per annum (plus GST if any). This resolution passed with 508,347,360 votes (98.91%) for, and 5,608,028 votes (1.09%) against.

Additionally, the resolution to authorize the directors to fix the fees and expenses of the auditor was carried with substantial support. This passed with 607,084,914 votes (99.83%) in favor and 1,033,923 votes (0.17%) against. The voting was conducted by poll as per NZX Listing Rule 6.1.