Capital Change Notice - DRP

Capital Change Notice



Section 1: Issuer information
Name of issuer Channel Infrastructure NZ Limited
NZX ticker code CHI
Class of financial product Ordinary shares
ISIN (If unknown, check on NZX website) NZNZRE0001S9
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 2,190,932 ordinary shares issued
Nominal value (if any) Not applicable
Issue/acquisition/redemption price per security $2.7355
Nature of the payment (for example, cash or other
consideration)
Cash, by reinvestment of dividends
pursuant to the Dividend Reinvestment
Plan dated 27 February 2026
Amount paid up (if not in full) Fully paid ordinary shares
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the
number of Financial Products of the Class, excluding
any Treasury Stock, in existence)
0.53%
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/acquisition/redemption and specific
authority for issue/acquisition/redemption/ (the
reason for change must be identified here)
Issue of new ordinary shares to existing
shareholders pursuant to the terms of
the Dividend Reinvestment Plan in
respect of the FY25 full year dividend
payable on 26 March 2026
Total number of Financial Products of the Class after
the issue/acquisition/redemption/Conversion
(excluding Treasury Stock) and the total number of
Financial Products of the Class held as Treasury
Stock after the issue/acquisition/redemption.
414,389,163 ordinary shares
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, acquisition, or
redemption, including a reference to the rule
pursuant to which the issue, acquisition, or
redemption is made
Resolution of the Board dated 26
February 2026 and NZX Listing Rule
4.8.1

Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
The shares issued are ordinary shares
which rank equally with all other fully
paid ordinary shares on issue of CHI
Date of issue/acquisition/redemption 26 March 2026
Section 3: Disclosure required for Placements made under Rule 4.5.1
[Issuers may opt to release Section 3 information (if not already done so) in a separate announcement within five Business Dats of
the issuance. Delete this Section 3 if capital change is not the result of a Placement under Rule 4.5.1]

Details of the approach in identifying investors who
were able to participate in the offer and how their
respective allocations in the offer were determined.
The explanation must set out the key objectives and
criteria the Issuer adopted in the allocation process,
whether one of those objectives was a best effort to
allocate on a pro rata basis to existing holders of the
Issuer’s Equity Securities, and any significant
exceptions or deviations from those objectives and
criteria.
Not applicable
Section 4: Authority for this announcement and contact person
Name of person

authorised to make this
announcement
Chris Bougen, General Counsel and
Company Secretary
Contact person for this announcement Chris Bougen
Contact phone number +64 9 432 5100
Contact email address Chris.Bougen@channelnz.com
Date of release through MAP

26 March 2026

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Appendix 2A - Application for quotation of securities
Appendix 2A - Application for quotation of securities
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Announcement Summary
Entity name
CHANNEL INFRASTRUCTURE NZ LIMITED
Announcement Type
New announcement
Date of this announcement
Thursday March 26, 2026
The +securities to be quoted are:
Total number of +securities to be quoted
ASX +security
codeSecurity description
Number of +securities to
be quotedIssue date
CHIORDINARY FULLY PAID FOREIGN EXEMPT
NZX
2,190,93226/03/2026
Refer to next page for full details of the announcement
+Securities issued under a +dividend or distribution plan

Appendix 2A - Application for quotation of securities
Appendix 2A - Application for quotation of securities
2 / 5
Part 1 - Entity and announcement details
1.1 Name of entity
CHANNEL INFRASTRUCTURE NZ LIMITED
We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix
2A of the ASX Listing Rules.
1.2 Registered number type
ARBN
Registration number
692999929
1.3 ASX issuer code
CHI
1.4 The announcement is
1.5 Date of this announcement
26/3/2026
New announcement

Appendix 2A - Application for quotation of securities
Appendix 2A - Application for quotation of securities
3 / 5
Part 2 - Type of Issue
2.1 The +securities to be quoted are:
2.2 The +class of +securities to be quoted is:
2.3b.1 Date of Appendix 3A.1 lodged with ASX in relation to the underlying +dividend or distribution
27/2/2026
Additional +securities in a class that is already quoted on ASX ("existing class")
+Securities issued under a +dividend or distribution plan

Appendix 2A - Application for quotation of securities
Appendix 2A - Application for quotation of securities
4 / 5
Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an
Appendix 3B
Additional +securities to be quoted in an existing class issued under a +dividend or distribution plan
ASX +security code and description
CHI : ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Issue date
26/3/2026
Will the +securities to be quoted rank equally in all respects from their issue date with the
existing issued +securities in that class?
Issue details
Number of +securities to be quoted
2,190,932
Are the +securities being issued for a cash consideration?
In what currency is the cash consideration being paid?
NZD - New Zealand Dollar
What is the issue price per +security?
NZD 2.73550000
Any other information the entity wishes to provide about the +securities to be quoted
Yes
Yes

Appendix 2A - Application for quotation of securities
Appendix 2A - Application for quotation of securities
5 / 5
Part 4 - Issued capital following quotation
Following the quotation of the +securities the subject of this application, the issued capital of the entity will
comprise:
The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if
other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.
4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the
+securities subject of this application)
ASX +security code and description
Total number of
+securities on issue
CHI : ORDINARY FULLY PAID FOREIGN EXEMPT NZX414,389,163
4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)
ASX +security code and description
Total number of
+securities on issue
CHIAA : SHARE RIGHTS2,533,235