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Napier Port and WPI Extend Strategic Partnership

Operational Update21 October 2020NPHIndustrials

1
NZX AND MEDIA RELEASE

22 OCTOBER 2020

NAPIER PORT AND WINSTONE PULP INTERNATIONAL (WPI) EXTEND

STRATEGIC PARTNERSHIP

Napier Port (NZX.NPH) and long-time customer, Winstone Pulp International (WPI), have entered into

an agreement for a 10-year contract renewal for exports to be handled from Napier Port.

The renewed contract extends WPI’s commitment to Napier Port for an additional ten years, with two

further five-year rights of renewal. As one of Napier Port’s largest customers, WPI supplies customers

throughout the world with high quality forestry fibre products including pulp and milled lumber.

Napier Port Chief Executive, Todd Dawson, says the company values it relationship with WPI and is

pleased to see it continue.

“This announcement is a welcome endorsement of the long-term value that Napier Port is able to deliver

for WPI. It also delivers on the Port’s strategic plans to support regional growth in Hawke’s Bay and the

wider central North Island and be the port of choice for customers like WPI.”

WPI Managing Director, Dave Anderson, says his company chooses to work with Napier Port because

its’ people care about their product.

“The Napier Port team are passionate about what they do and for ensuring a great service for WPI and

our customers is delivered every day. They understand our business and work hard to ensure our

products are packed and shipped on time and with care.”

For more information:

InvestorsMedia

Kristen Lie Chris Lonergan

Chief Financial Officer External Communications Advisor

DDI +64 6 833 4405 DDI +64 27 255 0486

E:kristenl@napierport.co.nz E:chrisl@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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