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– TO BE PAID ON 1 APRIL 6.8 +6% 23 February 2021 – Mercury results for the half year ended 31 December 2020 showed lifts across all key financial measures due to careful management of generation and retail portfolios, astute contract trading and ongoing cost control. This was achieved despite lower hydro generation. Chief Executive Vince Hawksworth said Mercury had demonstrated resilience faced with ongoing COVID-19 uncertainty, sustained elevated wholesale and futures price for electricity and a highly competitive environment. With such conditions forecast to continue, Mercury is pressing forward with changes to deliver ongoing success. Mercury recently announced an executive restructure, which was implemented on 2 February. “We are undertaking process and operational changes aimed at enhancing efficiency and effectiveness and are reviewing both our long-term asset management plans and our customer strategy to ensure they are fit and flexible enough for such a dynamic en

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