Repayment of COVID-19 wage subsidy

Napier Port (NZX.NPH) notes that it has today repaid all of the government COVID-19 wage subsidy, in the amount of $2.04 million. The pro forma Net Profit After Tax earnings guidance, provided in August for the 2020 financial year ending 30 September 2020, excluded the wage subsidy receipt and therefore is not updated by this announcement. For more information: Investors: Kristen Lie Chief Financial Officer DDI: +64 6 833 4405 E: kristenl@napierport.co.nz Media: Jo-Ann Young Communications Manager DDI: +64 6 833 4521 E: jo-anny@napierport.co.nz About Napier Port Napier Port is New Zealand's fourth largest port by container volume. We are the main gateway for Hawke's Bay exports and operate a long-term regional infrastructure asset that supports the regional economy. Our strategic purpose is to collaborate with the people and organisations that have a stake in helping our region grow. View Napier Port's investor centre: www.napierport.co.nz/investor-centre/ End CA:00360623 For:NPH Type:MKTUPDTE Time:2020-09-29 16:48:49