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Management Team Change – Capability and Cruise Manager

Director Departure22 May 2020NPHIndustrials

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NZX RELEASE

22 MAY 2020

MANAGEMENT TEAM CHANGE – CAPABILITY & CRUISE MANAGER

Napier Port (NZX.NPH) today announces Capability & Cruise Manager Bruce Lochhead is to leave the

company on 24 July 2020 after his role was disestablished. This change is a result of both a process to

bring greater alignment for the management team and our strategic direction, as well as our prudent

response to the COVID-19 pandemic and broader changes to the cruise industry.

Napier Port Chief Executive Todd Dawson said: “Bruce, who joined Napier Port in 2005, has been a

huge asset to our business and has shown immense dedication to the company.”

“In particular, he has been of great value supporting our cruise ship business and guiding the marine

and infrastructure teams over the years he has worked at the company. We regret his departure and

wish Bruce well for the future.”

For more information:

Investors Media

Kristen Lie Richard Inder

Chief Financial Officer The Project

DDI +64 6 833 4405 DD: 021 645643

E: kristenl@napierport.co.nz E: richard@theproject.co.nz

About Napier Port

Napier Port is New Zealand’s fourth largest port by container volume. We are the main gateway for

Hawke’s Bay exports and operate a long-term regional infrastructure asset that supports the regional

economy. Our strategic purpose is to collaborate with the people and organisations that have a stake

in helping our region grow. View Napier Port’s investor centre: www.napierport.co.nz/investor-centre/

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