Correction to Net Debt to EBITDA Target Range

29/10/2026 14:47 NZDT, MEETING

Freightways is correcting its Annual Shareholders Meeting (ASM) script for 29 October 2026. The script relating to Slide 8 (Leverage) of the ASM presentation incorrectly stated that Freightways aims to maintain a net debt to EBITDA ratio of between 3.0x and 4.0x.

Freightways aims to maintain a net debt to EBITDA ratio of between 2.0x and 3.0x. The reported net debt to EBITDA ratio of 2.4x at 30 June 2026 is unchanged.

Attached is the corrected ASM script.

ENDS

For further information please contact:

Stephan Deschamps

Chief Financial Officer

Freightways Group Limited

Ph: +64 9 571 9670