SPH Notice - Fisher Funds Management Limited

Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To New Zealand Stock Exchange
and
To Napier Port Holdings Ltd
Date this disclosure made: 23 June 2025
Date last disclosure made: 16 January 2024
Date on which substantial holding ceased: 19 June 2025
Substantial product holder(s) giving disclosure
Full name(s): Fisher Funds Management Limited
Summary of previous substantial holding
Class of quoted voting products: Ordinary Shares
Summary for: Fisher Funds Management Limited

For last disclosure,—
(a) total number held in class: 10,305,798
(b) total in class: 199,957,884
(c) total percentage held in class: 5.154%

For current holding after ceasing to have substantial holding,—
(a) total number held in class: 9,864,543
(b) total in class: 199,637,941
(c) total percentage held in class: 4.941%

Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure by Fisher Funds
Management Limited:

Date of change Nature of change Consideration given
in relation to change
Class and number of
securities affected
Other
party, if
known
17/01/2024 to
16/04/2024
On market
purchases
$760,008 308,745 ordinary shares N/A
17/04/2024 to
19/06/2025
On market sales $2,334,150 750,000 ordinary shares N/A



Additional information
Address(es) of substantial product holder(s): Fisher Funds Management Limited, Level 1,
67-73 Hurstmere Road, Takapuna, Auckland, 0622, New Zealand
Contact details: Mahia Pepper, Mahia.Pepper@fisherfunds.co.nz, +64 9 941 5986
Nature of connection between substantial product holders: Fisher Funds Management
Limited is the registered holder and non-beneficial owner of these securities
Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the financial
products to which this disclosure relates: Not applicable

Certification
I, Mahia Pepper, 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 persons for whom it is made.