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Earnings Guidance Update

25/06/2025, 15:00 NZST, MKTUPDTE

NZX Announcement SOUTH PORT NEW ZEALAND LIMITED NZX: SPN: South Port New Zealand 25 June 2025 Earnings Guidance Update At the date of releasing its interim result in February 2025, South Port New Zealand provided guidance that its full year earnings for FY25 should be above the upper end of the previous forecast range, $9.3M to $10.3M, indicated at the Annual Shareholders Meeting in October 2024. Due to higher than expected bulk and containerised volumes being handled late in the last quarter, the Company now expects its full year earnings for FY25 to exceed $12.5M. This is a pleasing position and is reflective of both a strong dairy sector and a recovery of forestry exports in the southern region. For further information contact: Mr Nigel Gear Chief Executive South Port New Zealand Ltd Tel: (03) 212 8159 Email: ngear@southport.co.nz Mr Philip Cory-Wright Chair South Port New Zealand Ltd Mobile: 021 767 828 Email: philip@cory-wright.co.nz