ASM Materials and Board Changes

Channel Infrastructure NZ Limited announces today at its 2022 Annual Shareholders meeting that Board Chairman Simon Allen is stepping down from the Board later in the year and that James Miller will take over as Chairman at that time. Simon Allen said: "With the Strategic and Corporate Governance Review now complete and changes being implemented, it's a natural time for new board leadership, and so I will step down from the Board later in the year." "I'm delighted to announce that James Miller will take over from me as chairman of the Board at that time. With James' extensive experience in capital markets, downstream energy sector and governance positions within leading NZX listed companies I have no doubt I am passing the baton to the right person." Accompanying this announcement are copies of the meeting presentation and speeches by Simon Allen and by Naomi James (Channel Infrastructure CEO) for the Annual Shareholders Meeting. Today Channel Infrastructure also publishes a new Governance Statement following the completion of the Corporate Governance Review. The new Corporate Governance Statement can be viewed at www.channelnz.com. - 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 +64 21 02363 297 End CA:00391803 For:CHI Type:ADMIN Time:2022-05-10 14:00:12