Vector Interim Report 2018

Energy disruption that benefits all

Auckland

— Vector Lights demonstrates the new energy technologies that are now possible for all — The power needed for Vector Lights on the Harbour Bridge is matched by renewable energy from solar and battery storage arrays in Wynyard Quarter

New Zealand — What is proven in Auckland shows what’s possible elsewhere — Having more renewables, more choice, and a greater ability to smooth peaks delivers more value Everyday consumers — The disruptive technologies used by Vector Lights are scalable from projects to cities, right down to individual homes and businesses — Consumers can lower costs, choose an energy

source, control their use and share what they generate. This is the democratisation and localisation of energy — Increased localisation of generation, less reliance on major infrastructure, less carbon and reduced energy distribution requirements — Convergence with other sectors (e.g. transport and electric vehicles) enhances environmental impacts

The environment

Energy industry — Localised energy sourcing and balanced demands reduces capital intensive infrastructure, increases network resilience and lowers costs The technology sector — More innovation and investment drives further research, idea generation and breakthrough new technologies The world’s cities — These technologies and integrated systems are already being sought for implementation in other world cities

Investors

— These trends reinforce the growing importance of Vector’s role in delivering the new energy future in a rapidly evolving sector.

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Vector://IR 18

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