Channel confirms timing of Board Chair succession

channelnz.com


NZX RELEASE

27 June 2022
Channel confirms timing of Board Chair succession
Channel Infrastructure confirms that Board Chairman, Simon Allen, will step down with effect from 1 July
2022, and as previously announced, will be succeeded by James Miller.
Mr Allen said: “With our Corporate Governance Review now complete and changes to the business being
implemented, it’s a natural time for new board leadership. I’m delighted that James Miller will take over from
me as chairman of the board. With James’ extensive experience in capital markets, infrastructure,
downstream energy sector and governance positions within leading NZX listed companies I have no doubt I
am passing the baton to the right person.”
Mr Allen added: “As I step away, I want to take the opportunity to thank my colleagues on the Board for their
support and the entire team, both past and present, at Marsden Point. It has been a period of great change
for many, and yet, each time I visited site, I was always so impressed by the professionalism and dedication
of the team.”
Mr Miller said: “I am honoured to be taking over from Simon and I want to thank him for his 8 years of service
leading the company through a significant period of change for the business. With the company transition
from a refinery operating model to an infrastructure company and Corporate Governance Review complete,
we have an exciting time ahead of us as we now look to the future with confidence that our business is well-
positioned to embrace the growth opportunities before us. I am looking forward to working alongside my
colleagues on the Board, and the Channel Infrastructure leadership team to bring our company’s strategic
plans to life.”

- ENDS -

Authorised by:
Chris Bougen
General Counsel and Company Secretary
Investor Relations contact:
Anna Bonney
investorrelations@channelnz.com

Media contact:
Laura Malcolm
communications@channelnz.com
+64 21 02363 297

channelnz.com
About Channel Infrastructure NZ
Channel Infrastructure is New Zealand’s leading fuel infrastructure company.
Channel Infrastructure owns critical infrastructure, supplying the Northland and Auckland markets, which
make up 40% of New Zealand’s fuel demand and all of the jet fuel to Auckland International Airport. Utilising
the deep-water harbour and jetty infrastructure at Marsden Point, as well as 280 million litres of storage
tanks and the 170-kilometre pipeline from Marsden Point to Auckland, we receive, store, test and distribute
fuel owned by our customers. Channel Infrastructure’s wholly-owned subsidiary, Independent Petroleum
Laboratories, provides fuel quality testing services at Marsden Point and around New Zealand.
Channel Infrastructure is well positioned to support New Zealand’s changing future fuel needs, with growth
opportunities at the Marsden Point site including additional fuel storage to support fuel security, renewable
electricity supply through the Maranga Ra solar project, and work underway with customers and partners on
biofuel and hydrogen opportunities.
For more information on Channel Infrastructure, please visit: www.channelnz.com