Appointment of new Director – Fiona Oliver

The Board has appointed Fiona Oliver to the Board of Freightways, effective on 5 July 2021. Fiona will also stand for election at the Annual Shareholders Meeting currently scheduled to be held on 28 October 2021. In accordance with Rule 2.6.1 of the NZX Listing Rules, the Board has determined that Fiona is an independent director. Fiona is a professional director, holding governance roles across a range of business sectors including renewable energy, natural gas, technology, and financial services. She is a director (and audit committee chair) of Tilt Renewables Limited, Gentrack Group Limited, the First Gas Group, BNZ Life Insurance Limited and BNZ Insurance Services Limited and Wynyard Group Limited (in liquidation). Fiona's Executive career was in the financial services sector in New Zealand and overseas. In New Zealand, her roles included Chief Operating Officer of Westpac's investment arm, BT Funds Management, and General Manager of AMP NZ's Wealth Management division. In Sydney and London, Fiona managed the Risk and Operations function for AMP's private capital division. Prior to this, Fiona was a senior corporate and commercial solicitor in New Zealand and overseas, specialising in mergers and acquisitions. Fiona is a Chartered Fellow of the Institute of Directors and a member of Global Women. She will bring her experience in governance, investments, mergers and acquisitions and the capital markets to Freightways. For further information please contact: Nicola Silke Company Secretary Freightways Limited Ph: +64 9 571 9683 End CA:00375042 For:FRE Type:GENERAL Time:2021-07-02 14:15:36