South Port NZ sets annual meeting, director changes, and pay raise vote

South Port New Zealand Limited will hold its 37th annual shareholders' meeting on Wednesday, 29 October 2025, at 11:00am (NZST) in Bluff. Key agenda items include the re-election of W J Schol, who will retire by rotation, and the nomination of Derek Nind for election to the board of directors. C Kearney has elected to retire from the board.

The board also seeks shareholder approval to increase the maximum aggregate sum for non-executive director remuneration from NZD $532,000 to NZD $562,000, effective 1 July 2025. This represents an increase of NZD $30,000 or 5.6%, aimed at keeping pace with market rates and covering remuneration for new committee structures.

The record date for voting entitlements is 5:00pm on Friday, 24 October 2025. Postal votes and proxies must be received by 11:00am on Friday, 24 October 2025. Shareholders can attend the meeting in person or online, though only in-person attendees can vote during the meeting.