New Director for Port of Tauranga and retirement

Port of Tauranga announces new Director Sir Robert McLeod and retirement of Alastair Lawrence Port of Tauranga Limited (NZX: POT) today announced that former Director Sir Robert McLeod KNZM will re-join the Board of Directors following the retirement of Alastair Lawrence. Sir Rob was formerly a member of the Board in his capacity as Chair of Quayside Holdings, the investment arm of Bay of Plenty Regional Council and majority shareholder of the Port. He retired in October 2023. Returning as an independent director, Sir Rob will replace retiring Director and Audit Committee Chair, Alastair Lawrence. Alastair retires on 31 August after ten years' service, two of them as Chair of the Audit Committee. Port of Tauranga Limited Chair, Julia Hoare, said she was delighted to welcome Sir Rob's return effective 1 July 2024. He will take over as Chair of the Audit Committee upon Alastair's retirement. "Sir Rob brings deep governance experience, outstanding financial skills and extensive iwi connections. We are very fortunate to have a Director of his calibre," said Ms Hoare. Sir Rob was Oceania CEO/Managing Partner of Ernst & Young and then New Zealand Chair until 2015. He is currently Chair of Nati Growth Limited (formerly Ngati Porou Holding Company) and Sanford Limited. He is also a Director of China Construction Bank (New Zealand) Limited and a number of privately-owned entities. Ms Hoare thanked Alastair for his outstanding contribution during his ten-year tenure. "Alastair is an astute Director and committee Chair with a wealth of commercial knowledge and experience. We're extremely grateful for his significant contribution and his long service to the Port." For further information, contact: Rochelle Lockley GM Communications, Port of Tauranga Limited Ph 021 865 884 Email: Rochelle.Lockley@port-tauranga.co.nz End CA:00432159 For:POT Type:ADMIN Time:2024-05-31 11:15:41