Port Of Tauranga Limited · NZX:POT

Port Of Tauranga — Shareholder Meeting (October 2023)

50 slides from Port Of Tauranga's shareholder meeting presentation, Oct 27, 2023

  1. Slide 1: Annual Meeting of Shareholders

    Annual Meeting of Shareholders 27 October 2023

  2. Slide 2: Julia Hoare, Chair

    Julia Hoare Chair

  3. Slide 3: Slide 3

  4. Slide 4: Board of Directors

    Board of Directors Julia Hoare Alison Andrew Dean Bracewell Alastair Lawrence (apologies) • Doug • BrBrodieodi Doug Leeder Sir Rob McLeod Brodie Stevens Leeder e Stevens 4

  5. Slide 5: Senior management team

    Senior management team Leonard Sampson Simon Kebbell Rochelle Lockley Melanie Dyer Chief Executive Chief Financial Officer GM Communications GM Corporate Services Pat Kirk Dan Kneebone Blair Hamill GM Health and Safety GM Property and Infrastructure GM Commercial 5

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    6

  7. Slide 7: Group net profit after tax up 5.2%

    Group net profit after tax up 5.2% For the year ended 30 June 2023 $120,000 $117,136 $111,317 $110,000 $100,577 $102,375 $100,000 $88,679 $90,000 $80,000 $70,000 $’000s $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 2019 2020 2021 2022 2023 7

  8. Slide 8: Ordinary dividends increased 6.1%

    Ordinary dividends increased 6.1% For the year ended 30 June 2023 16 15.6 14.7 14 13.3 13.5 12.4 12 10 CPS Ordinary 8 Special 6 5.0 4 2 0 2019 2020 2021 2022 2023 8

  9. Slide 9: Ruakura Inland Port

    3} Ruakura be INLAND PORT =

  10. Slide 10: Proposed berth extension

    Proposed berth extension Port of Tauranga Limited

  11. Slide 11: Slide 11

  12. Slide 12: New Zealand port roles and cargo flows

    Northport + Bulk and containerised imports for Auckland (e.g. cars) + Bulk exports ex Northland and Auckland Ports of Auckland + Containerised imports for Auckland + Cruise + Specialised Port of Tauranga + Big ship services + Containerised exports (all NZ) + Bulk exports ex Waikato/BOP/Central NI (e

  13. Slide 13: Port of Tauranga

    Port of Tauranga |

  14. Slide 14: Port of Tauranga

    : ray Port of : Tauranga

  15. Slide 15: Leonard Sampson, Chief Executive

    Leonard Sampson Chief Executive

  16. Slide 16: Pro-forma berth window reinstatement

    Pro-forma berth window reinstatement 16

  17. Slide 17: New Zealand port productivity

    New Zealand port productivity New Zealand ports - crane rate 2018 - 2023 40.0 Crane Rate 35.0 30.0 29.6 25.0 20.0 15.0 2018 Q1 2018 Q2 2018 Q3 2018 Q4 2019 Q1 2019 Q2 2019 Q3 2019 Q4 2020 Q1 2020 Q2 2020 Q3 2020 Q4 2021 Q1 2021 Q2 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 Auckl

  18. Slide 18: Total trade down 3.6%

    Total trade down 3.6% For the year ended 30 June 2023 30,000 27,218 25,738 25,615 24,808 24,698 25,000 20,000 000s Tonnes 15,000 10,000 5,000 FY2019 FY2020 FY2021 FY2022 FY2023 18

  19. Slide 19: Container volumes down 5.1%

    Container volumes down 5.1% For the year ended 30 June 2023 1,500,000 1,300,000 1,233,177 1,251,741 1,241,061 1,200,831 1,177,350 1,100,000 TEUs 900,000 700,000 500,000 FY2019 FY2020 FY2021 FY2022 FY2023 19

  20. Slide 20: Log exports up 2.6%

    Log exports up 2.6% For the year ended 30 June 2023 8,000,000 7,062,871 7,000,000 6,338,716 6,215,623 6,057,851 6,000,000 5,543,632 5,000,000 JAS 4,000,000 3,000,000 2,000,000 FY2019 FY2020 FY2021 FY2022 FY2023 20

  21. Slide 21: Total dairy volume up 2.7%

    Total dairy volume up 2.7% For the year ended 30 June 2023 2,500,000 2,400,000 2,300,000 211,787 285,522 196,325 2,200,000 237,067 2,100,000 194,946 Tonnes 2,000,000 1,900,000 1,800,000 2,110,169 2,120,239 2,076,153 1,993,751 2,010,252 1,700,000 1,600,000 1,500,000 FY2019 FY2020 FY2021 FY2022 FY2023

  22. Slide 22: Total meat volumes up 3.0%

    Total meat volumes up 3.0% For the year ended 30 June 2023 850,000 700,000 550,000 293,040 241,228 161,617 288,050 156,228 Tonnes 400,000 439,175 451,419 250,000 410,572 413,691 368,292 100,000 FY2019 FY2020 FY2021 FY2022 FY2023 Export Tranships 22

  23. Slide 23: Total kiwifruit volume down 20.3%

    Total kiwifruit volume down 20.3% For the year ended 30 June 2023 2,000,000 1,779,173 1,750,000 1,648,915 1,500,100 1,498,091 1,500,000 1,417,861 1,250,000 Tonnes 1,000,000 750,000 500,000 250,000 0 FY2019 FY2020 FY2021 FY2022 FY2023 23

  24. Slide 24: The return of cruise vessels

    The return of cruise vessels 24

  25. Slide 25: Ruakura Inland Port

    Ruakura Inland Port September 2023 Full build-out 25

  26. Slide 26: Terminal automation project

    26 Terminal automation project 26

  27. Slide 27: Port of Tauranga

    Port of Tauranga «)

  28. Slide 28: Tauranga

    Tauranga

  29. Slide 29: Slide 29

  30. Slide 30: 30

    30

  31. Slide 31: Port of Tauranga

    Port of Tauranga _

  32. Slide 32: 32

    32

  33. Slide 33: Slide 33

  34. Slide 34: Air quality initiatives and improvements

    Air quality initiatives and improvements Number of PM10 exceedances immediately adjacent to the Port 18 17 16 14 12 10 8 6 4 3 2 1 0 0 2019-20 2020-21 2021-22 2022-23 34

  35. Slide 35: Port of Tauranga

    Port of © Tauranga

  36. Slide 36: Slide 36

  37. Slide 37: Total greenhouse gas emissions down 7.3%

    Total greenhouse gas emissions down 7.3% For year ended June 2023 Greenhouse Gas Emissions - Total C02e down 7.3% 50,000 47,749 45,000 44,223 43,156 40,973 40,021 40,000 Tonnes of CO2e 35,000 30,000 25,000 FY2019 FY2020 FY2021 FY2022 FY2023 37

  38. Slide 38: Emissions intensity down 3.8%

    Emissions intensity down 3.8% For year ended June 2023 38

  39. Slide 39: 39

    39

  40. Slide 40: First quarter performance

    First quarter performance • Total trade down 9.0% to 5.8 million tonnes. • Total container volumes down 20.9% to just over 250,000 TEU. • Containerised imports down 23%. • Transhipment containers down 31%. 40

  41. Slide 41: Outlook 2024

    Outlook 2024 • Slowing domestic consumer demand translating to lower import volumes. • FY24 earnings expected in the range of $95 million to $107 million. • Port of Tauranga remains well placed to weather economic challenges. 41

  42. Slide 42: Keep New Zealand Beautiful Beach Clean Up

    Keep New Zealand Beautiful Beach Clean Up 22 September 2023

  43. Slide 43: Thank you

    Thank you Port of Tauranga Connecting New Zealand and the World

  44. Slide 44: Integrated Annual Report 2023

    Integrated Annual Report 2023 44

  45. Slide 45: Resolution 1: Re-election of Mr Douglas William Leeder

    Resolution 1 Re-election of Mr Douglas William Leeder

  46. Slide 46: Resolution 2: Increase in Directors' Remuneration

    Resolution 2 Increase in Directors’ Remuneration

  47. Slide 47: Resolution 3: Remuneration of Auditor

    Resolution 3 Remuneration of Auditor

  48. Slide 48: Port of Tauranga

    oO Port of —— =. Tauranga | Hi) He)

  49. Slide 49: Annual Meeting of Shareholders

    Annual Meeting of Shareholders 27 October 2023

  50. Slide 50: Port of Tauranga

    Port of Tauranga Connecting New Zealand and the World

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