Ongoing Disclosure Notice

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Channel Infrastructure NZ Limited
Date this disclosure made:17-Mar-22
Date of last disclosure:
10-May-22
Director or senior manager giving disclosure
Full name(s):
Naomi Margaret James
Name of listed issuer:
Channel Infrastructure NZ Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Former Chief Executive Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Or d in ar y Sh ar es
Nature of the affected relevant interest(s):
Registered holder (of shares issued
under vested share rights on 28
February 2023 and 6 March 2023)
For that relevant interest-
Number held in class before acquisition or disposal:
0
Number held in class after acquisition or disposal:
2,944,026
Current registered holder(s):N/A
Registered holder(s) once transfers are registered:
Naomi Margaret James
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
N/A
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative(if any):
N/A
The price specified in the terms of the derivative (if any):
N/A
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
N/A
For that derivative,-
N/A
Parties to the derivative:
N/A
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
N/A
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: Two

Details of transactions requiring disclosure-
Date of transaction:
28-Feb-23 and 6-Mar-23
Nature of transaction:
Shares were issued to Ms James in
respect of vested share rights under
the terms of Channel Infrastructure
NZ Limited's Share Rights Plan
Name of any other party or parties to the transaction (if known):
Channel Infrastructure NZ Limited
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
Shares are issued for no cash
consideration, but in consideration of
services provided by Management to
Channel Infrastructure NZ Limited
Number of financial products to which the transaction related:
282,253 sh ar es issu ed o n 28
Feb r u ar y 2023 an d 2,661,773
sh ar es issu ed o n 6 Mar ch 2023
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:N/A
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:N/A
Date of the prior written clearance (if any):
N/A
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Or d in ar y Sh ar es
Nature of the affected relevant interest(s):
Registered holder
For that relevant interest-
Number held in class before acquisition or disposal:
2,944,026
Number held in class after acquisition or disposal:
1,844,026
Current registered holder(s):
Naomi Margaret James
Registered holder(s) once transfers are registered:
Unknown
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
N/A
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative(if any):
N/A
The price specified in the terms of the derivative (if any):
N/A
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
N/A
For that derivative,-
N/A
Parties to the derivative:
N/A
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
N/A
Details of transactions giving rise to acquisition or disposal

Total number of transactions to which notice relates: One
Details of transactions requiring disclosure-
Date of transaction:
17-Mar-23

Nature of transaction:
On-market sale of Ordinary Shares
to provide funds to settle tax
obligation associated with the
vesting on 28 February 2023 and 6
March 2023 of share rights under the
Channel Infrastructure NZ Limited
Share Rights Plan.
Name of any other party or parties to the transaction (if known):
Unknown
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:$1,652,243.67
Number of financial products to which the transaction related:
1,100,000
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:N/A
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:Ordinary Shares
Nature of relevant interest:
Beneficial Owner (as participant in
Channel Infrastructure NZ Limited's
employee share scheme in respect
of unvested shares)
For that relevant interest,-
Number held in class:
3,053
Current registered holder(s):
Citibank, N.A.
For a derivative relevant interest,-
Type of derivative:N/A
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:N/A
Maturity date of the derivative (if any):N/A
Expiry date of the derivative (if any):N/A
The price's specified terms (if any):N/A
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
N/A
For that derivative relevant interest,- N/A
Parties to the derivative:
N/A
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
N/A
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:17-Mar-23

Name and title of authorised person:
Chris Bougen, General Counsel and
Company Secretary