CRP Invited to Apply for Fast Tracking Process

NEWS RELEASE 24-09 April 9, 2024

CRP Invited to apply for Fast Tracking Process for the Chatham Rise Phosphate Project
WELLINGTON, New Zealand – Chatham Rock Phosphate Limited (TSXV: NZP, NZX: CRP,
Frankfurt Borse: 3GRE) wishes to advise that the Company has been requested by the New
Zealand government to make an application for the Chatham Rise rock phosphate project to
be considered as a listed project in the Fast Track Consenting Bill (the Bill) to be put to
Parliament.

After being introduced to the New Zealand Parliament on 7 March 2024, the Fast-Track
Approvals Bill (Bill) is now being considered by the Environment Select Committee.

This new regime which forms part of National’s coalition agreement with New Zealand First,
will improve the speed and process for resource approvals for major infrastructure projects,
unlocking opportunities in industries such as aquaculture and mining in our regions.

The proposed new permitting regime is potentially a game changer for resource projects and
others considered to be of national significance in New Zealand.

If the Chatham Rise project is included in the List, we would anticipate that the permitting
process would not only be quicker but could involve reduced costs and would likely have a
more certain outcome.

The application for the Chatham Rise project to be included on the List is under preparation
and will be submitted well before the May 3, 2024 deadline.

For more information contact Chris Castle on 021 558 185 or chris@widespread.co.nz or
check out www.rockphosphate.co.nz
Neither the Exchange, its Regulation Service Provider (as that term is defined under the
policies of the Exchange), or NZX Limited has in any way passed upon the merits of the
Transaction and associated transactions, and has neither approved nor disapproved of the
contents of this press release.