Dividend reinvestment plan strike price

Freightways Group Limited advises that the price at which shares will be issued for the 2023 Final Ordinary Dividend under the Company's Dividend Reinvestment Plan (DRP) is NZ$8.4115 per share. The issue price has been determined, in accordance with the DRP, as the volume weighted average sale price for a share, calculated on all sales of shares which took place through the NZX Main Board over a period of five business days starting on 18 September 2023, less a 2% discount. The scheduled date for payment of the dividend, and issuance of shares under the DRP, is 2 October 2023. ENDS For further information please contact: Stephan Deschamps Chief Financial Officer Freightways Group Limited Ph: +64 9 571 9670 End CA:00418754 For:FRW Type:CORPACT Time:2023-09-25 09:33:29