Port of Tauranga (POT) AGM 2025 summary

Opening remarks and agenda

• Welcomed shareholders in-person and online, emphasizing accessibility and hybrid participation.

• Confirmed quorum, introduced directors, management, auditors, and share registry representatives.

• Outlined voting procedures for both in-person and virtual attendees.

• Annual Meeting of Shareholders held on 31 October 2025, focusing on connecting New Zealand and the world.

Financial performance review

• Total trade increased by 7% for the year ended 30 June 2025, reaching 25.6 million tonnes.

• Underlying group profit (excluding Mazda Maritime Holdings transaction) was NZD 126 million, up 23%.

• Revenue increased 11.3% to NZD 464.7 million; operating costs up 8.1% to NZD 236.3 million.

• Ordinary dividends increased 13.6% to 16.7 cents per share.

• Refrigerated container volumes up 19.8%, with strong growth in dairy, kiwifruit, and meat exports.

Dividend announcements

• Final dividend of NZD 0.097 per share; total dividend for FY2025 is NZD 0.167 per share.

• Ordinary dividends for FY25 increased by 13.6% to 16.7 cents per share.