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Legend Corporation Acquires Hiko Power Engineering

Issued by Legend Corporation

Sydney, Australia – 5 November 2026

Legend Corporation Acquires Hiko Power Engineering – a leading New Zealand-based manufacturer and supplier of medium, high and extra-high voltage electrical equipment, servicing electrical Utilities, contractors and infrastructure projects across transmission and distribution networks.

Legend Corporation has signed an agreement to acquire 100% of the shares in Hiko Power Engineering Limited (“Hiko”), a New Zealand based diversified high voltage equipment manufacturer and engineering services provider, and a supplier of critical components for power and distribution transformers with operations in Christchurch and Auckland, New Zealand. This acquisition supports Legend’s growth strategy and enhances its power product portfolio.

Founded by Harry Hamer over 85 years ago, Hiko has supplied high-quality safe and robust electrical equipment and components to the New Zealand electrical Industry. Hiko’s key focus is on working closely with customers to design, manufacture and supply bespoke network connection solutions and quality products for quick, easy and safe installation into New Zealand’s electricity networks.

Hiko will continue to operate as a stand-alone business unit within Legend, led by Geoffrey Sullivan, General Manager Hiko Power Engineering and Jeff Horn, Finance & Operations Manager.

Bryan Tisher, CEO of Legend Corporation, stated:

“We are delighted with the acquisition of the Hiko Power Engineering business and welcome the Hiko team to our group. This acquisition is a key milestone in our growth strategy in the power sector in New Zealand and will allow us to better serve our utility customers (both distribution and transmission) and transformer customers with an expanded portfolio and capture growth opportunities through the energy transition.”

Geoffrey Sullivan, General Manager Hiko, added:

“Joining Legend Corporation opens new opportunities for Hiko. With Legend’s market reach, product portfolio, scale infrastructure and manufacturing support, we are well positioned for the next phase of growth.”

The transaction is expected to complete on 30 November 2026.

About Legend Corporation:
Legend Corporation is a market leader in electrical products and industrial solutions, with brands including CABAC, Acculec Power, Insulect Australia, MSS Data, Ecco Pacific, PSS Distributors, CON-X, System Control Engineering (SCE), and Hendon Semi-Conductors.

About Hiko:
Hiko specialises in low-voltage cabinets and accessories, HV/MV cable joints, terminations, fittings and accessories, overhead switchgear and rail catenary system solutions.

Media Contact:
Joanne Seymour, Legend Communications & Investor Relations [email protected] | 0408 766 190

About Legend Corporation

Legend Corporation is a market leader in electrical products and industrial solutions, with brands including CABAC, Acculec Power, Insulect Australia, MSS Data, Ecco Pacific, PSS Distributors, CON-X, System Control Engineering (SCE), and Hendon Semi-Conductors.

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