MNW170 – Interest Rate Reset for Bonds

This information is in relation to Manawa Energy's NZ$100,000,000 unsecured, unsubordinated fixed rate bonds, listed under ticker MNW170. These bonds have a 10-year term, maturing on 22 February 2029. Manawa Energy advises that the interest rate for the bonds for the second five-year period (22 February 2024 to 21 February 2029) is 6.56% per annum. This has been calculated based on the five-year swap rate on 22 February 2024, plus a margin of 1.90% per annum. End CA:00426669 For:MNW Type:CORPACT Time:2024-02-22 11:29:38