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Repayment of COVID-19 wage subsidy

Operational Update29 September 2020NPHIndustrials

NZX RELEASE
29 September 2020

Napier Port repays COVID-19 wage subsidy

Napier Port(NZX.NPH)notes that it has today repaid all of the government COVID-19 wage

subsidy, in the amount of $2.04 million.

The pro forma Net Profit After Tax earnings guidance, provided in August for the financial

year ending 30 September 2020, excluded the wage subsidy receipt and therefore is not

updated by this announcement.

ENDS

For more information:

InvestorsMedia

Kristen Lie Jo-Ann Young

Chief Financial OfficerCommunications Manager

DDI +64 6 833 4405DDI +64 6 833 4521

E: kristenl@napierport.co.nz E:jo-anny@napierport.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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