Dividend Reinvestment Plan Strike Price

channelnz.com
NZX RELEASE
15 September 2025
Dividend Reinvestment Plan strike price
Channel Infrastructure advises that the Strike Price used to calculate entitlements under the Company’s Dividend
Reinvestment Plan (DRP) in respect of the 2025 interim ordinary dividend has been set at NZ$2.2995 per share.
In accordance with the terms and conditions of the DRP, the Strike Price is the volume weighted average sale price
in New Zealand dollars (expressed in cents and fractions of cents) for an ordinary share in Channel Infrastructure
calculated on all price setting trades of shares that took place through the NZX Main Board over a period of five
trading days starting on Monday 8 September 2025, less a 1% discount.
Channel Infrastructure’s 2025 interim ordinary dividend is payable on 24 September 2025, and shareholders who
have elected to participate in the DRP will receive new Channel Infrastructure shares instead of a cash dividend in
respect of their participating shares in the DRP.
- 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 NZ
Channel Infrastructure is New Zealand’s largest fuel import terminal, 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 in New Zealand.
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 through the acquisition of other terminals
infrastructure in New Zealand.
Channel Infrastructure’s 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.