Greg Kern sells shareholding and steps down as director

18 April 2019
Company Announcement

330 Devon St East, New Plymouth
NEW ZEALAND WIDE | NATIONAL & INTERNATIONAL FREIGHT AND LOGISTICS

Greg Kern sells shareholding and steps down as director

New Zealand freight and logistics company, TIL Logistics Group Limited (NZX: TLL), advises that Mr
Greg Kern has sold down his shareholding in the company and has stepped down as a non-
executive director, effective immediately.

Mr Kern’s 5% shareholding has been acquired by a number of institutional and private investors
as well as members of the Board and executive team.

Chair of TLL, Mr Trevor Janes, commented: “We are delighted to be welcoming a number of well
regarded investors onto the share register, including a number of institutional investors.

“TIL Logistics Group is one of the largest domestic freight and logistics companies in New Zealand.
Its strengths lie in its bundled professional transport and logistics solutions, scale, reach and depth
of experience. Activity levels across the industry remain high and TIL is well positioned to take
advantage of market dynamics and growth opportunities.”

Mr Kern was an advisor on the reverse listing of TIL Logistics Group in 2017, at which time he
joined the Board. The company thanks him for his services during this time.

ENDS

For further information and media assistance, please contact:

Alan Pearson
Chief Executive Officer
Phone: +64 6 7559457
Email: alan.pearson@til.kiwi

Lee Banks
Chief Financial Officer
Phone: +64 27 525 2876
Email: lee.banks@til.kiwi
Jackie Ellis
Media Liaison
Phone: + 64 27 246 2505
Email: jackie@ellisandco.co.nz

About TIL Logistics Group Limited (TLL)

TLL is one of the largest domestic freight and logistics businesses in New Zealand, with a
nationwide network of branches, depots and warehouses. TLL’s activities include transporting and
warehousing freight throughout New Zealand and co-ordinating freight movements offshore with
the assistance of international alliances. TLL also has a specialist road tanker division which is one
of the largest operators in the New Zealand fuel delivery market.