<p>At Meridian Energy Limited’s Twelfth Annual Shareholder Meeting, shareholders raised several key questions. One shareholder inquired about land use possibilities under solar arrays, to which the Chief Executive responded that sheep and cattle could graze beneath the arrays. Concerns were also raised regarding the increase in customer numbers alongside a deterioration in financial accounts. The Chair explained that while Meridian aims to strengthen customer relations and is mindful of cost of living issues, transmission and distribution charges—approved for significant increases by the Commerce Commission—are major components of bills. However, Meridian is working to help customers save, for example, by offering $10 monthly discounts for switching to smart hot water plans. Additional questions addressed Meridian’s relationship with distribution companies and investments in ripple control. The Chair confirmed good relationships but clarified that Meridian does not control those investments; the deployment of smart meters will help make demand control easier for customers. The scope for standardisation among distribution companies was also discussed, with the Chair noting it remains a work in progress. The full document can be accessed through the link below. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meridian Energy Limited published the original content used to generate this news brief on January 26, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here</p>

Meridian Energy Fields Shareholder Questions on Land Use, Customer Prices, and Peak Demand Ahead of Meeting