Update on ASX listing process

Channel Infrastructure NZ Limited (NZX:CHI) is pleased to provide an update on progress towards an ASX Foreign Exempt Listing. As announced at the Company’s half year results in August 2025, the Board determined to undertake an ASX Foreign Exempt listing in 2026, as a natural progression for the Company. Channel is now well progressed with the application process and, subject to formal approval by ASX, it is anticipated that admission into the official list of the ASX will occur early in 2026. Channel’s primary listing will remain on the New Zealand Stock Exchange (NZX). Rob Buchanan, Chief Executive Officer said “This is an exciting step for Channel Infrastructure. With a number of growth opportunities ahead of us, an ASX Foreign Exempt listing provides access to a broader pool of institutional and retail shareholders to support our continued growth.” The initial one-off costs associated with listing on the ASX are estimated at ~NZ$1 million, with these costs likely to be incurred in FY2025. Channel confirms that current EBITDA and dividend guidance for FY2025 remains unchanged at EBITDA of between $89 million to $94 million and a dividend of between 12.0 and 12.5 cents per share. - 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