Disclosure Notice – D&O Relevant Interests

Ongoing Disclosure Notice Disclosure of Directors and Senior Managers Relevant Interests Sections 297(2) and 298(2), Financial Markets Conduct Act 2013 To NZX Limited Name of listed issuer: Freightways Limited Date this disclosure made: 26 September 2018 Date of last disclosure: 13 September 2017 Director or senior manager giving disclosure Full name(s): Mark Troughear Name of listed issuer: Freightways Limited Name of related body corporate (if applicable): n/a Position held in listed issuer: Chief Executive Officer Summary of acquisition or disposal of relevant interest (excluding specified derivatives) Class of affected quoted financial products: Fully paid ordinary shares Nature of the affected relevant interest(s): Beneficial relevant interest For that relevant interest- Number held in class before acquisition or disposal: (a) 399,167 fully paid ordinary shares (b) 2,486 fully paid ordinary shares Number held in class after acquisition or disposal: (a) 399,167 fully paid ordinary shares (b) 2,486 fully paid ordinary shares Current registered holder(s): (a) Mark Troughear (beneficial) (b) Freightways Trustee Company Limited (non-beneficial) Registered holder(s) once transfers are registered: As for current holders above. Summary of acquisition or disposal of specified derivatives relevant interest (if applicable) Type of affected derivative: n/a Class of underlying financial products: n/a Details of affected derivative- The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): n/a A statement as to whether the derivative is cash settled or physically settled: n/a Maturity date of the derivative (if any): n/a Expiry date of the derivative(if any): n/a The price specified in the terms of the derivative (if any): n/a Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: n/a For that derivative,- Parties to the derivative: n/a If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative: n/a Details of transactions giving rise to acquisition or disposal- Total number of transactions to which notice relates: Two (2) Details of transactions requiring disclosure- Date of transaction: 26 September 2018 Nature of transaction: (i) Allocation of 17,016 partly-paid ordinary shares from the Freightways Senior Executive Performance Share Plan. These shares have been paid up to one cent only. The balance of the $7.56 issue price may only be fully paid up once performance hurdles and vesting periods have been met in accordance with the Plan rules. (ii) Redemption of 132 partly-paid ordinary shares by Freightways Limited in accordance with the PSP Rules. As the shares had not become eligible to be fully paid up within 5 years from the date of issue, Freightways Limited was required by the PSP Rules to redeem them. These shares were paid up to one cent only at the date of issue. The consideration payable by Freightways Limited upon redemption was the paid up amount. The partly-paid ordinary shares were cancelled upon redemption. Name of any other party or parties to the transaction (if known): Freightways Limited The consideration, expressed in New Zealand dollars, paid or recieved for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value, describe the consideration: (i) $170.16 (ii) $1.32 Number of financial products to which the transaction related: (i) 17,016 partly-paid ordinary shares (ii) 132 partly-paid ordinary shares If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the following details-- Whether relevant interests were acquired or disposed of during a closed period: No Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period: n/a Date of the prior written clearance (if any): n/a Summary of other relevant interests after acquisition or disposal: Class of quoted financial products: Partly-paid ordinary shares Nature of relevant interest: Beneficial relevant interest For that relevant interest,- Number held in class: 31,442 partly-paid ordinary shares Current registered holder(s): Mark Troughear For a derivative relevant interest,- Type of derivative: n/a Details of derivative- The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): n/a A statement as to whether the derivative is cash settled or physically settled: n/a Maturity date of the derivative (if any): n/a Expiry date of the derivative (if any): n/a The price's specified terms (if any): n/a Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: n/a For that derivative relevant interest,- Parties to the derivative: n/a If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative: n/a Certification I certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. Signature of person authorised to sign on behalf of director or officer: Date of signature: 26 September 2018 Name and title of authorised person: Mark G Royle Chief Financial Officer Ongoing Disclosure Notice Disclosure of Directors and Senior Managers Relevant Interests Sections 297(2) and 298(2), Financial Markets Conduct Act 2013 To NZX Limited Name of listed issuer: Freightways Limited Date this disclosure made: 26 September 2018 Date of last disclosure: 13 September 2017 Director or senior manager giving disclosure Full name(s): Mark Gordon Royle Name of listed issuer: Freightways Limited Name of related body corporate (if applicable): n/a Position held in listed issuer: Chief Financial Officer Summary of acquisition or disposal of relevant interest (excluding specified derivatives) Class of affected quoted financial products: Fully paid ordinary shares Nature of the affected relevant interest(s): Non-beneficial relevant interest For that relevant interest- Number held in class before acquisition or disposal: 173,617 fully paid ordinary shares Number held in class after acquisition or disposal: 173,617 fully paid ordinary shares Current registered holder(s): Royle Family Holdings Pty Ltd, as trustee for the Royle Family Trust, of which Mark Royle is a beneficiary. Registered holder(s) once transfers are registered: As for current holder above. Summary of acquisition or disposal of specified derivatives relevant interest (if applicable) Type of affected derivative: n/a Class of underlying financial products: n/a Details of affected derivative- The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): n/a A statement as to whether the derivative is cash settled or physically settled: n/a Maturity date of the derivative (if any): n/a Expiry date of the derivative(if any): n/a The price specified in the terms of the derivative (if any): n/a Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: n/a For that derivative,- Parties to the derivative: n/a If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative: n/a Details of transactions giving rise to acquisition or disposal- Total number of transactions to which notice relates: Two (2) Details of transactions requiring disclosure- Date of transaction: 26 September 2018 Nature of transaction: (i) Allocation of 7,740 partly-paid ordinary shares from the Freightways Senior Executive Performance Share Plan. These shares have been paid up to one cent only. The balance of the $7.56 issue price may only be fully paid up once performance hurdles and vesting periods have been met in accordance with the Plan rules. (ii) Redemption of 248 partly-paid ordinary shares by Freightways Limited in accordance with the PSP Rules. As the shares had not become eligible to be fully paid up within 5 years from the date of issue, Freightways Limited was required by the PSP Rules to redeem them. These shares were paid up to one cent only at the date of issue. The consideration payable by Freightways Limited upon redemption was the paid up amount. The partly-paid ordinary shares were cancelled upon redemption. Name of any other party or parties to the transaction (if known): Freightways Limited The consideration, expressed in New Zealand dollars, paid or recieved for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value, describe the consideration: (i) $77.40 (ii) $2.48 Number of financial products to which the transaction related: (i) 7,740 partly-paid ordinary shares (ii) 248 partly-paid ordinary shares If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the following details-- Whether relevant interests were acquired or disposed of during a closed period: No Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period: n/a Date of the prior written clearance (if any): n/a Summary of other relevant interests after acquisition or disposal: Class of quoted financial products: Partly-paid ordinary shares Nature of relevant interest: Beneficial relevant interest For that relevant interest,- Number held in class: 33,283 partly-paid ordinary shares Current registered holder(s): Mark Royle For a derivative relevant interest,- Type of derivative: n/a Details of derivative- The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): n/a A statement as to whether the derivative is cash settled or physically settled: n/a Maturity date of the derivative (if any): n/a Expiry date of the derivative (if any): n/a The price's specified terms (if any): n/a Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: n/a For that derivative relevant interest,- Parties to the derivative: n/a If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative: n/a Certification I certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. Signature of person authorised to sign on behalf of director or officer: Date of signature: 26 September 2018 Name and title of authorised person: Mark G Royle Chief Financial Officer Ongoing Disclosure Notice Disclosure of Directors and Senior Managers Relevant Interests Sections 297(2) and 298(2), Financial Markets Conduct Act 2013 To NZX Limited Name of listed issuer: Freightways Limited Date this disclosure made: 26 September 2018 Date of last disclosure: 13 September 2017 Director or senior manager giving disclosure Full name(s): Steve Wells Name of listed issuer: Freightways Limited Name of related body corporate (if applicable): n/a Position held in listed issuer: General Manager Summary of acquisition or disposal of relevant interest (excluding specified derivatives) Class of affected quoted financial products: Fully paid ordinary shares Nature of the affected relevant interest(s): Beneficial relevant interest For that relevant interest- Number held in class before acquisition or disposal: (a) 615,616 fully paid ordinary shares (b) 2,035 fully paid ordinary shares Number held in class after acquisition or disposal: (a) 615,616 fully paid ordinary shares (b) 2,352 fully paid ordinary shares Current registered holder(s): (a) Steve Wells (beneficial) (b) Freightways Trustee Company Limited (non-beneficial) Registered holder(s) once transfers are registered: As for current holders above. Summary of acquisition or disposal of specified derivatives relevant interest (if applicable) Type of affected derivative: n/a Class of underlying financial products: n/a Details of affected derivative- The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): n/a A statement as to whether the derivative is cash settled or physically settled: n/a Maturity date of the derivative (if any): n/a Expiry date of the derivative(if any): n/a The price specified in the terms of the derivative (if any): n/a Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: n/a For that derivative,- Parties to the derivative: n/a If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative: n/a Details of transactions giving rise to acquisition or disposal- Total number of transactions to which notice relates: Three (3) Details of transactions requiring disclosure- Date of transaction: 26 September 2018 Nature of transaction: (i) Allocation of 6,020 partly-paid ordinary shares from the Freightways Senior Executive Performance Share Plan. These shares have been paid up to one cent only. The balance of the $7.56 issue price may only be fully paid up once performance hurdles and vesting periods have been met in accordance with the Plan rules. (ii) Allocation of 317 fully paid ordinary shares from the Freightways Employee Share Plan. These shares will be held in trust for 3 years by Freightways Trustee Company Limited in accordance with the Plan rules. (iii) Redemption of 132 partly-paid ordinary shares by Freightways Limited in accordance with the PSP Rules. As the shares had not become eligible to be fully paid up within 5 years from the date of issue, Freightways Limited was required by the PSP Rules to redeem them. These shares were paid up to one cent only at the date of issue. The consideration payable by Freightways Limited upon redemption was the paid up amount. The partly-paid ordinary shares were cancelled upon redemption. Name of any other party or parties to the transaction (if known): Freightways Limited The consideration, expressed in New Zealand dollars, paid or recieved for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value, describe the consideration: (i) $60.20 (ii) $2,155.60 (iii) $1.32 Number of financial products to which the transaction related: (i) 6,020 partly-paid ordinary shares (ii) 317 fully paid ordinary shares (iii) 132 partly-paid ordinary shares If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the following details-- Whether relevant interests were acquired or disposed of during a closed period: No Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period: n/a Date of the prior written clearance (if any): n/a Summary of other relevant interests after acquisition or disposal: Class of quoted financial products: Partly-paid ordinary shares Nature of relevant interest: Beneficial relevant interest For that relevant interest,- Number held in class: 20,446 partly-paid ordinary shares Current registered holder(s): Steve Wells For a derivative relevant interest,- Type of derivative: n/a Details of derivative- The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): n/a A statement as to whether the derivative is cash settled or physically settled: n/a Maturity date of the derivative (if any): n/a Expiry date of the derivative (if any): n/a The price's specified terms (if any): n/a Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: n/a For that derivative relevant interest,- Parties to the derivative: n/a If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative: n/a Certification I certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. Signature of person authorised to sign on behalf of director or officer: Date of signature: 26 September 2018 Name and title of authorised person: Mark G Royle Chief Financial Officer Ongoing Disclosure Notice Disclosure of Directors and Senior Managers Relevant Interests Sections 297(2) and 298(2), Financial Markets Conduct Act 2013 To NZX Limited Name of listed issuer: Freightways Limited Date this disclosure made: 26 September 2018 Date of last disclosure: 13 September 2017 Director or senior manager giving disclosure Full name(s): Neil Wilson Name of listed issuer: Freightways Limited Name of related body corporate (if applicable): n/a Position held in listed issuer: General Manager Summary of acquisition or disposal of relevant interest (excluding specified derivatives) Class of affected quoted financial products: Fully paid ordinary shares Nature of the affected relevant interest(s): Beneficial relevant interest For that relevant interest- Number held in class before acquisition or disposal: (a) 49,628 fully paid ordinary shares (b) 3,398 fully paid ordinary shares Number held in class after acquisition or disposal: (a) 49,628 fully paid ordinary shares (b) 3,715 fully paid ordinary shares Current registered holder(s): (a) Neil Wilson (beneficial) (b) Freightways Trustee Company Limited (non-beneficial) Registered holder(s) once transfers are registered: As for current holders above. Summary of acquisition or disposal of specified derivatives relevant interest (if applicable) Type of affected derivative: n/a Class of underlying financial products: n/a Details of affected derivative- The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): n/a A statement as to whether the derivative is cash settled or physically settled: n/a Maturity date of the derivative (if any): n/a Expiry date of the derivative(if any): n/a The price specified in the terms of the derivative (if any): n/a Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: n/a For that derivative,- Parties to the derivative: n/a If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative: n/a Details of transactions giving rise to acquisition or disposal- Total number of transactions to which notice relates: Three (3) Details of transactions requiring disclosure- Date of transaction: 26 September 2018 Nature of transaction: (i) Allocation of 5,866 partly-paid ordinary shares from the Freightways Senior Executive Performance Share Plan. These shares have been paid up to one cent only. The balance of the $7.56 issue price may only be fully paid up once performance hurdles and vesting periods have been met in accordance with the Plan rules. (ii) Allocation of 317 fully paid ordinary shares from the Freightways Employee Share Plan. These shares will be held in trust for 3 years by Freightways Trustee Company Limited in accordance with the Plan rules. (iii) Redemption of 132 partly-paid ordinary shares by Freightways Limited in accordance with the PSP Rules. As the shares had not become eligible to be fully paid up within 5 years from the date of issue, Freightways Limited was required by the PSP Rules to redeem them. These shares were paid up to one cent only at the date of issue. The consideration payable by Freightways Limited upon redemption was the paid up amount. The partly-paid ordinary shares were cancelled upon redemption. Name of any other party or parties to the transaction (if known): Freightways Limited The consideration, expressed in New Zealand dollars, paid or recieved for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value, describe the consideration: (i) $58.66 (ii) $2,155.60 (iii) $1.32 Number of financial products to which the transaction related: (i) 5,866 partly-paid ordinary shares (ii) 317 fully paid ordinary shares (iii) 132 partly-paid ordinary shares If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the following details-- Whether relevant interests were acquired or disposed of during a closed period: No Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period: n/a Date of the prior written clearance (if any): n/a Summary of other relevant interests after acquisition or disposal: Class of quoted financial products: Partly-paid ordinary shares Nature of relevant interest: Beneficial relevant interest For that relevant interest,- Number held in class: 20,292 partly-paid ordinary shares Current registered holder(s): Neil Wilson For a derivative relevant interest,- Type of derivative: n/a Details of derivative- The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): n/a A statement as to whether the derivative is cash settled or physically settled: n/a Maturity date of the derivative (if any): n/a Expiry date of the derivative (if any): n/a The price's specified terms (if any): n/a Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: n/a For that derivative relevant interest,- Parties to the derivative: n/a If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative: n/a Certification I certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. Signature of person authorised to sign on behalf of director or officer: Date of signature: 26 September 2018 Name and title of authorised person: Mark G Royle Chief Financial Officer Ongoing Disclosure Notice Disclosure of Directors and Senior Managers Relevant Interests Sections 297(2) and 298(2), Financial Markets Conduct Act 2013 To NZX Limited Name of listed issuer: Freightways Limited Date this disclosure made: 26 September 2018 Date of last disclosure: 13 September 2017 Director or senior manager giving disclosure Full name(s): Matthew Cocker Name of listed issuer: Freightways Limited Name of related body corporate (if applicable): n/a Position held in listed issuer: Chief Information Officer Summary of acquisition or disposal of relevant interest (excluding specified derivatives) Class of affected quoted financial products: Fully paid ordinary shares Nature of the affected relevant interest(s): Beneficial relevant interest For that relevant interest- Number held in class before acquisition or disposal: (a) 1,272 fully paid ordinary shares (b) 331 fully paid ordinary shares Number held in class after acquisition or disposal: (a) 1,272 fully paid ordinary shares (b) 648 fully paid ordinary shares Current registered holder(s): (a) Matthew Cocker (beneficial) (b) Freightways Trustee Company Limited (non-beneficial) Registered holder(s) once transfers are registered: As for current holders above. Summary of acquisition or disposal of specified derivatives relevant interest (if applicable) Type of affected derivative: n/a Class of underlying financial products: n/a Details of affected derivative- The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): n/a A statement as to whether the derivative is cash settled or physically settled: n/a Maturity date of the derivative (if any): n/a Expiry date of the derivative(if any): n/a The price specified in the terms of the derivative (if any): n/a Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: n/a For that derivative,- Parties to the derivative: n/a If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative: n/a Details of transactions giving rise to acquisition or disposal- Total number of transactions to which notice relates: Two (2) Details of transactions requiring disclosure- Date of transaction: 26 September 2018 Nature of transaction: (i) Allocation of 5,318 partly-paid ordinary shares from the Freightways Senior Executive Performance Share Plan. These shares have been paid up to one cent only. The balance of the $7.56 issue price may only be fully paid up once performance hurdles and vesting periods have been met in accordance with the Plan rules. (ii) Allocation of 317 fully paid ordinary shares from the Freightways Employee Share Plan. These shares will be held in trust for 3 years by Freightways Trustee Company Limited in accordance with the Plan rules. Name of any other party or parties to the transaction (if known): Freightways Limited The consideration, expressed in New Zealand dollars, paid or recieved for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value, describe the consideration: (i) $53.18 (ii) $2,155.60 Number of financial products to which the transaction related: (i) 5,318 partly-paid ordinary shares (ii) 317 fully paid ordinary shares If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the following details-- Whether relevant interests were acquired or disposed of during a closed period: No Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period: n/a Date of the prior written clearance (if any): n/a Summary of other relevant interests after acquisition or disposal: Class of quoted financial products: Partly-paid ordinary shares Nature of relevant interest: Beneficial relevant interest For that relevant interest,- Number held in class: 12,440 partly-paid ordinary shares Current registered holder(s): Matthew Cocker For a derivative relevant interest,- Type of derivative: n/a Details of derivative- The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): n/a A statement as to whether the derivative is cash settled or physically settled: n/a Maturity date of the derivative (if any): n/a Expiry date of the derivative (if any): n/a The price's specified terms (if any): n/a Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: n/a For that derivative relevant interest,- Parties to the derivative: n/a If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative: n/a Certification I certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. Signature of person authorised to sign on behalf of director or officer: Date of signature: 26 September 2018 Name and title of authorised person: Mark G Royle Chief Financial Officer End CA:00324419 For:FRE Type:SHINTR Time:2018-09-26 10:32:42