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scheduling priority and a low efficiency rating. These ratings will be reviewed and assessed by Waka Kotahi as part of their internal assessment processes. Factor Rating GPS Alignment Medium The investment proposal has been assessed as medium as it responds to economic growth and productivity through ‘operation of public transport services enabling access to employment and other economic opportunities. The preferred option is estimated to increase public transport

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for another 75 (8%) of the consents a good level of environmental performance and compliance was achieved. A further 26 (3%) of consents monitored required improvement in their performance, while the remaining two (<1%) achieved a rating of poor. In terms of overall environmental and compliance performance by the consent holder over the last several years, this report shows that the consent holder’s performance has remained at a high level. This report includes recommendations for the

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report, which include a total of 29 conditions setting out the requirements that the Company must satisfy. The Company holds one consent to dredge accumulated sediments within Port Taranaki and two consents that allow them to discharge sediment into the inshore and offshore spoil disposal areas in the Tasman Sea. In order to reflect the increased rate of sand entering the harbour that has been observed in recent years, the Company applied to change certain consent conditions during the

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A further 26 (3%) of consents monitored required improvement in their performance, while the remaining two (<1%) achieved a rating of poor. The Company has achieved high environmental and compliance ratings for each year since the 2013/14 monitoring year. Recommendations for the 2023/24 monitoring year can be found in Section 4, including a recommendation relating to an optional review of consent 3767-3 in June 2025. page page i Table of

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reference, in the 2023/24 year, consent holders were found to achieve a high level of environmental performance and compliance for 864 (89%) of a total of 967 consents monitored through the Taranaki tailored monitoring programmes, while for another 75 (8%) of the consents a good level of environmental performance and compliance was achieved. A further 26 (3%) of consents monitored required improvement in their performance, while the remaining two (<1%) achieved a rating of poor. In terms of

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required improvement in their performance, while the remaining two (<1%) achieved a rating of poor. 1 Consent 7645-1 Alby M Limited page In terms of overall environmental and compliance performance by the consent holder over the last several years, this report shows that the consent holder’s performance remains at a high level. This report includes recommendations for the 2024/25 year. page i Table of contents Page

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1,649,600 Dividends 3,000,000 - 3,000,000 3,000,000 4,000,000 (1,000,000) 8,000,000 Revenue from non-exchange transactions General rates revenue - - - 4,071,461 4,071,461 - 16,285,842 Targeted rates revenue - - - 1,418,239 1,418,239 - 5,672,956 Direct charges revenue 142,152 159,410 (17,258) 915,344 964,640 (49,296) 4,079,421 Government grants 363,305 315,355 47,950 1,244,010 1,261,420 (17,410) 4,864,586 Vested assets - - - - - - - Total income

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compliance was achieved. A further 27 (3%) of consents monitored required improvement in their performance, while the remaining one (<1%) achieved a rating of poor. page For reference, in the 2023/24 year, consent holders were found to achieve a high level of environmental performance and compliance for 864 (89%) of a total of 967 consents monitored through the Taranaki tailored monitoring programmes, while for another 75 (8%) of the consents a good level of environmental

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• Created: 11/2/2025

compliance for 878 (87%) of a total of 1007 consents monitored through the Taranaki tailored monitoring programmes, while for another 96 (10%) of the consents a good level of environmental performance and compliance was achieved. A further 27 (3%) of consents monitored required improvement in their performance, while the remaining one (<1%) achieved a rating of poor. In terms of overall environmental and compliance performance by the consent holder over the last several years, this report shows

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• Created: 17/3/2025

environmental performance and compliance was achieved. A further 26 (3%) of consents monitored required improvement in their performance, while the remaining two (<1%) achieved a rating of poor. In terms of overall environmental and compliance performance by the consent holder over the last several years, this report shows that the consent holder’s performance remains at a level that requires improvement in the year under review. This report includes recommendations for the 2024/25 year.