Horizon Energy Group has appointed Fraser Wyllie as an independent director to the Board, effective from 2nd May
2025.

Horizon Energy Group Chair, Anne Tolley, says: “Following a comprehensive search process, I am pleased to
welcome Fraser Wyllie to the Board. Fraser brings extensive experience in the New Zealand infrastructure sector and
will be invaluable for the Company to continue to navigate the current challenging construction environment.”

As the Managing Director for McConnell Dowell's New Zealand and Pacific Islands operations, Fraser has
demonstrated strong leadership and strategic vision. His career includes successfully leading two business start-ups
and orchestrating two significant business turnarounds.

Fraser holds a Bachelor of Civil Engineering from the University of Auckland and a Master of Business Administration
from Massey University. He is a Chartered Engineer and an active Member of the Institute of Directors, and serves as
the Chair of Infrastructure New Zealand.