Vector Board Announces Three New Appointments

Vector Board Announces Three New Appointments
The Vector Board is pleased to announce the appointments of Tony Carter, Dame Paula
Rebstock and Bruce Turner as Directors of Vector Limited.

Vector Chair, Dame Alison Paterson said the Board is delighted with the appointments.

“Vector has been working through a process of Board renewal and we are privileged to have
three business leaders of this calibre join the Vector Board.

“Tony Carter, Dame Paula Rebstock and Bruce Turner are outstanding appointments who
bring with them wide-ranging commercial and governance experience to complement the
capability already in place around the Vector Board table. We look forward to their
contribution as we continue towards our goal of creating a new energy future.”

The Vector Board has undertaken an external review to select candidates against a mix of
identified director competencies. Vector’s majority shareholder Entrust supports the
appointments.

The selection process determined that while each new Director has wide-ranging
governance competencies, particular strengths are shown by Dame Paula Rebstock in
regulatory policy and government relations, Bruce Turner in distribution network engineering,
operations and market trading, and Tony Carter in customer, new technology disruption,

government relations and corporate governance.

Dame Paula Rebstock and Bruce Turner’s appointments to the Vector Board are effective
today, 16 April 2019 and Tony Carter’s appointment will be effective on 1 May 2019.


ENDS

Media contact
Elissa Downey, Senior Manager Corporate Communications, Vector
Elissa.downey@vector.co.nz
, 021 866 146


About Vector
Vector is New Zealand’s leading network infrastructure company which runs a portfolio of
businesses delivering energy and communication services to more than one million homes
and commercial customers across the country. Vector is leading the country in creating a
new energy future for customers and continues to grow and invest in the growth of Auckland
MARKET RELEASE
16 April 2019

MARKET RELEASE
16 April 2019

and in a wide range of activities and locations. Vector is listed on the New Zealand Stock
Exchange with ticker symbol VCT. Our majority shareholder, with voting rights of 75.1%, is
Entrust. For further information, visit www.vector.co.nz


About Dame Paula Rebstock
Dame Paula Rebstock is a leading Auckland-based economist and company director, who
was made a Dame Companion of the New Zealand Order of Merit in 2015. She is Chair of
ACC, Kiwi Group Holdings, Ngati Whatua Whai Maia and the NZ Defence Force Board and a
director of Auckland Transport. Dame Paula is the former Chair of the New Zealand
Commerce Commission.

About Bruce Turner
Bruce Turner is currently director of Central Portfolio Management at Fonterra. He is a highly
experienced senior executive who has held leadership roles in the energy industry both in
New Zealand and overseas. Bruce is a member of the Electricity Authority’s security and
reliability council and an advisory board member at the University of Colorado’s JP Morgan
Commodity Centre.

About Tony Carter
Tony Carter is among the country’s most experienced directors and re-joins the Vector Board
after retiring in 2012 to focus on other governance commitments. He currently chairs Fisher
& Paykel Healthcare and Air New Zealand and is on the boards of ANZ New Zealand and
Fletcher Building.