Capital Change Notice

Capital Change Notice




Section 1: Issuer information
Name of issuer Freightways Group Limited
NZX ticker code FRW
Class of financial product Unlisted Share Rights
ISIN (If unknown, check on NZX website) Not applicable
Currency NZD
Section 2: Capital change details
Number redeemed 55,843 share rights
Nominal value (if any) Not applicable
Issue/acquisition/redemption price per security Not applicable - no consideration is
payable for Share Rights
Nature of the payment (for example, cash or other
consideration)
Not applicable
Amount paid up (if not in full) Not applicable
Percentage of total class of Financial Products
redeemed (calculated on the number of Financial
Products of the Class, excluding any Treasury Stock,
in existence)
1

10.7%
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)
Not applicable
Reason for redemption and specific authority for
redemption (the reason for change must be identified
here)
Share Rights were issued in
accordance with the Freightways
Executives Long-term Incentive
Scheme. The Share Rights are eligible
to vest at the end of a 3-year vesting
period. Vesting of the share rights is
subject to the satisfaction of
performance hurdles. If the
performance hurdles are not met at the
end of the 3-year vesting period, the
Share Rights are cancelled. These
Share Rights did not vest at the end of
the 3-year vesting period and have
been cancelled.


1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

Total number of Financial Products of the Class after
the redemption (excluding Treasury Stock) and the
total number of Financial Products of the Class held
as Treasury Stock after the redemption.
466,537 share rights

There is no treasury stock.
In the case of an acquisition of shares, whether those
shares are to be held as treasury stock
Not applicable
Specific authority for the redemption, including a
reference to the rule pursuant to which the
redemption is made
Pursuant to the terms of the
Freightways Executive Long-term
Incentive Scheme.
Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
Not applicable
Date of redemption
2
20/8/2025
Section 3: Authority for this announcement and contact person
Name of person authorised to make this
announcement
Stephan Deschamps
Contact person for this announcement As above
Contact phone number +64 27 562 5666
Contact email address stephan.deschamps@freightways.co.nz
Date of release through MAP 20/8/2025




2
Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant
issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).