NZD/AUD FX rate for FY25 final dividend

NZX RELEASE

18 March 2026
Channel Infrastructure NZD/AUD FX rate for FY25 final dividend
The FX rate used for Channel Infrastructure's FY25 final dividend to be paid to those investors who
will receive dividends in Australian Dollars has been set at NZD 1 = AUD 0.817916 (AUD 1 = NZD
1.222619). The dividend will be paid on 26 March 2026.
Attached is an updated ASX Appendix 3A.1 – Notification of Dividend/Distribution, released to the
ASX today. This confirms both the strike price used to calculate share entitlements under the
Company’s Dividend Reinvestment Plan and the FX rate.
- 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

About Channel Infrastructure
Channel Infrastructure Channel Infrastructure is New Zealand’s largest fuel import terminal business,
storing and distributing 40% of New Zealand’s transport fuel, including 80% of New Zealand’s jet fuel.
We receive, store, test and distribute petrol, diesel, and jet fuel that our customers import and supply
to Auckland and Northland.
Fuel is imported via our deep-water harbour and jetty infrastructure at Marsden Point and stored in
more than 290 million litres of contracted storage tanks on site. The fuel is then distributed via our
170-kilometre pipeline to Auckland, or by our customers (bp, Mobil, and Z Energy) via truck into
Northland. We underpin the resilience of New Zealand’s fuel supply chain with our tank capacity,
which enables increased storage of fuel in New Zealand, and through efficient, low-emission
distribution of the fuel into the Auckland market. Given our proximity to Auckland, and critical role in
the jet fuel supply chain, Channel is well positioned to support the renewable fuel transition.
Our plan for growth includes supporting fuel resilience for New Zealand through additional fuel
storage on our site, unlocking the strategic value of the Marsden Point Energy Precinct Concept
which reflects the significant role Channel could play in supporting New Zealand’s energy transition –
through potential opportunities including supporting the manufacture of lower-carbon future fuels, as
well as a range of potential energy security opportunities, and exploring expansion beyond Marsden
Point.
Channel Infrastructure also owns a 25% interest in the Somerton jet fuel pipeline to Melbourne Airport
and its wholly-owned subsidiary, Independent Petroleum Laboratory Limited, provides fuel quality
testing services throughout New Zealand.
For more information on Channel Infrastructure, please visit: www.channelnz.com