2025 ASM Presentation Materials

The 2025 Annual Shareholders’ Meeting of Channel Infrastructure NZ Limited (NZX:CHI) will be held today at 2pm. Accompanying this announcement are copies of the meeting presentation and speeches to be delivered at the meeting by Board Chair, James Miller and Chief Executive, Rob Buchanan. Key announcements to be made at today’s meeting include: • FY25 Guidance released in February will be reiterated, based on the financial performance to 30 April 2025 • The Company has released an updated Capital Allocation Framework, which includes an increase in the dividend policy pay-out ratio to 70-90% of Normalised Free Cash Flow from 60-70% of Normalised Free Cash Flow • The Board expects to pay a total FY25 dividend of between 12.0 and 12.5 cents per share (up from 11.0 cents per share in FY24) • It is proposed to introduce a Dividend Reinvestment Plan at the time of the FY25 Interim Dividend • The Channel Board will consider a foreign-exempt dual-listing on the ASX should a significant growth opportunity convert in the next 12 to 24 months. - ENDS - Authorised by: Chris Bougen General Counsel and Company Secretary Contact details Investor Relations contact: Anna Bonney investorrelations@channelnz.com Media contact: Laura Malcolm communications@channelnz.com