Shares Issued for Freightways Employee Share Plan

Capital Change Notice


Section 1: Issuer information
Name of issuer Freightways Group Limited
NZX ticker code FRW
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZFREE0001S0
Currency NZD
Section 2: Capital change details
Number issued 50,000 fully paid ordinary shares
Nominal value (if any) Not applicable
Issue price per security $12.95
Nature of the payment (for example, cash or other
consideration)
Cash
Amount paid up (if not in full) Not applicable
Percentage of total class of Financial Products
issued (calculated on the number of Financial
Products of the Class, excluding any Treasury
Stock, in existence)
1

0.03%
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 issue and specific authority for issue
(the reason for change must be identified here)
Allotment of shares to Freightways
Trustee Company Limited, as trustee of
the Freightways Employee Share Plan
(the ‘Share Plan’), in satisfaction of
acceptances of an offer made to
employees to participate in the Share
Plan.
Total number of Financial Products of the Class
after the issue (excluding Treasury Stock) and the
total number of Financial Products of the Class
held as Treasury Stock after the issue.
178,935,673 ordinary shares.

Treasury stock – not applicable.
In the case of an acquisition of shares, whether
those shares are to be held as treasury stock
Not applicable
Specific authority for the issue, including a
reference to the rule pursuant to which the issue is
made
Board resolution dated 20 November 2025
and Listing Rule 4.6.1.
Terms or details of the issue (for example:
restrictions, escrow arrangements)
Fully paid ordinary shares ranking equally
with existing fully paid ordinary shares.

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

Date of issue
2
22/12/2025
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

22/12/2025




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).