Results of 2023 Annual Shareholders Meeting

channelnz.com


NZX RELEASE
27 April 2023


Results of Channel Infrastructure 2023 Annual Shareholder
Meeting

At the 2023 Annual Shareholders Meeting of Channel Infrastructure NZ Limited held on 27 April 2023 at
SkyCity and online, shareholders were asked to vote on two resolutions, all of which were supported by the
Board. As required by NZX Listing Rule 6.1, all voting was conducted by a poll. The resolutions passed by
shareholders (and the voting results) were:

Resolution For % Against % Abstain
That Directors be authorised to fix the
fees and expenses of Ernst & Young
as auditors to the Company for the
financial year ending 31 December
2023
120,096,072 99.75% 298,994 0.25% 59,307
That the total amount of Directors’ fees
that may be payable annually to all
Directors in aggregate be increased
with effect from the commencement of
the current financial year by 3% from
$900,000 to $927,000, such sum to be
divided among the Directors as the
Directors deem appropriate
118,820,068 98.79% 1,457,656 1.21% 176,649



- 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 transport fuel demand and all of the jet fuel to the 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 Laboratory Limited, 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, and work
underway with customers and partners on biofuel and hydrogen opportunities.
For more information on Channel Infrastructure, please visit: www.channelnz.com