Notice of On-Market Share Buyback

Capital Change Notice

Acquisition of Ordinary Shares

This notice is given under NZX Listing Rule 3.13.1 and section 65(2) of the Companies Act 1993, and relates to the
acquisition of ordinary shares in Napier Port Holdings Limited under the on-market share buy-back programme
announced by Napier Port Holdings Limited on 13 October 2022.

Section 1: Issuer information
Name of issuer Napier Port Holdings Limited
NZX ticker code NPH
Class of financial product Ordinary shares
ISIN (If unknown, check on NZX website) NZNPHE0005S2
Section 2: Capital change details
Number acquired 4,500
Nominal value (if any) N/A
Acquisition price per security $NZ 2.7360
Nature of the payment Cash
Amount paid up (if not in full) Paid in full
Percentage of total class of Financial Products acquired
(calculated on the number of Financial Products of the Class,
excluding any Treasury Stock, in existence)
0.0023%
For an issue of Convertible Financial Products or Options, the
principal terms of Conversion (for example the Conversion
price and Conversion date and the ranking of the Financial
Product in relation to other Classes of Financial Product) or the
Option (for example, the exercise price and exercise date)
N/A
Reason for acquisition and specific authority for acquisition Acquisition under Board
approved buyback announced
on 13 October 2022
Total number of Financial Products of the Class after the
acquisition (excluding Treasury Stock) and the total number of
Financial Products of the Class held as Treasury Stock after
the acquisition
199,850,808 ordinary shares

149,192 held as treasury stock
In the case of an acquisition of shares, whether those shares
are to be held as treasury stock
Yes
Specific authority for the acquisition including a reference to
the rule pursuant to which the issue, acquisition, or redemption
is made
Board resolution dated 13
October 2022

NZX Listing Rule 4.14.1(a)
Terms or details of the acquisition Shares acquired will be held
as treasury stock
Date of issue/acquisition/redemption 23/11/2022

Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Kristen Lie
Contact person for this announcement Kristen Lie
Contact phone number +64 6 833 4400
Contact email address kristenl@napierport.co.nz
Date of release through MAP

24/11/2022