Announcement

ADMIN: MEL: CEO of MEA and Powershop Australia to step down 12:59pm 
MEL
28/01/2021 12:59
ADMIN
NOT PRICE SENSITIVE
REL: 1259 HRS Meridian Energy Limited (NS)

ADMIN: MEL: CEO of MEA and Powershop Australia to step down

Meridian Energy today confirmed its CEO of Meridian Energy Australia and
Powershop Australia, Jason Stein will step down from his role. Due to the
ongoing impacts of Covid on travel and personal arrangements, Mr Stein has
been unable to relocate with his family from New Zealand to Australia, and so
will step down from his position.

Meridian's Chief Executive Neal Barclay said Jason Stein's achievements have
been notable during his tenure.

"Jason has managed our Australian business remotely during a turbulent time
and we thank him for successfully supporting the Melbourne team during some
extensive lockdown periods."

"Under Jason's leadership Powershop Australia has significantly increased
Australia customer numbers and has refreshed its Australian renewables
strategy. This work has set a solid foundation for future growth in
Australia," adds Barclay.

Management will now seek to commence a recruitment process. Jason will
continue until mid-2021 to allow an orderly transition of accountabilities
for Meridian's Australian business.
End CA:00366858 For:MEL Type:ADMIN Time:2021-01-28 12:59:21

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