Napier Port (NPH) investor relations material

Opening remarks and agenda

• Chair welcomed attendees, introduced board and management, and outlined meeting procedures and safety protocols.

• Notice of meeting confirmed, quorum established, and meeting formally opened.

• Meeting agenda included addresses from the Chair, Chief Executive, and Chief Financial Officer, followed by presentations, Q&A, formal resolutions, and general business.

Financial performance review

• Achieved record revenue of NZD 157.7 million, up 11.6% year-on-year, led by container services and higher TEU volumes.

• Net profit after tax increased 24.4% to NZD 30.9 million.

• Operating result rose 23.5% to NZD 64.2 million; operating cashflow grew to NZD 63.6 million, with total drawn debt reduced to NZD 107 million.

• Container volumes and yield management drove cargo growth, with 5.1 million tonnes handled.

• Final settlement of Cyclone Gabrielle insurance claim added NZD 7.5 million to pre-tax profit.

Board and executive committee updates

• Board introduced, including Stephen Moir, Debbie Birch, Vincent Tremaine, John Harvey, Kylie Clegg, Dan Druzianic, and Hamish Stevens.

• Hamish Stevens elected as director and new audit and risk committee chair.

• Kylie Clegg and Dan Druzianic re-elected as directors, bringing governance, local, and financial expertise.

• Chair Blair O'Keeffe, CEO Todd Dawson, and CFO Kristen Lie delivered key addresses.

• Stephen Moir recognized for nine years of service and leadership.