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 22 May 2024.

Section 1: Issuer information
Name of issuer Napier Port Holdings Limited
NZX ticker code NPH
Class of financial product Ordinary shares
ISIN NZNPHE0005S2
Section 2: Capital change details
Number acquired 3,000
Nominal value (if any) N/A
Acquisition price per security $NZ 2.5400
Nature of the payment Cash
Amount paid up (if not in full) Paid in full
Percentage of total class of Financial Products acquired 0.0015%
For an issue of Convertible Financial Products or Options, the
principal terms of Conversion
N/A
Reason for acquisition and specific authority for acquisition Acquisition under Board
approved buyback announced
on 22 May 2024
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
199,827,611 ordinary shares

172,389 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 22 May
2024

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 5 June 2024
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

6 June 2024