Capital Change Notice

Capital Change Notice

This notice is given under NZX Listing Rule 3.13.1 in relation to the issue of ordinary shares by way of transfer from
treasury stock under the Napier Port Holdings Limited (NPH) Long Term Incentive Plan (LTIP).

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 treasury stock transferred 123,487
Nominal value (if any) N/A
Issue/acquisition/redemption price per security Nil
Nature of the payment N/A
Amount paid up (if not in full) Fully paid
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the number of
Financial Products of the Class, excluding any Treasury Stock,
in existence)
0.0618%
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 issue/acquisition/redemption Issue of ordinary shares by
way of transfer from treasury
stock under the NPH LTIP
Total number of Financial Products of the Class after the
issue/acquisition/redemption/Conversion (excluding Treasury
Stock)
Total number of Financial Products of the Class held as
Treasury Stock after the issue/acquisition/redemption.
199,970,025 ordinary shares


29,975 held as treasury stock
In the case of an acquisition of shares, whether those shares
are to be held as treasury stock
N/A
Specific authority for the issue, acquisition, or redemption,
including a reference to the rule pursuant to which the issue,
acquisition, or redemption is made
Board resolution dated 31
October 2022

NZX Listing Rule 4.6
Terms or details of the acquisition Issued in accordance with the
offer letters provided to the
holders. The shares rank
equally in all respects with
existing ordinary shares of the

Issuer at the date on which
they are issued.
Date of issue/acquisition/redemption 24/11/2022
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

25/11/2022