Investor Presentaiton

Draft Productivity Commission Report PATRICK IS COMMITTED TO DELIVERING ON-GOING PRODUCTIVITY ON THE WATERFRONT ON A COMMERCIALLY SUSTAINABLE BASIS Recommendation Comment QUBE IR issues relating to industrial action, bargaining practices and restrictive EAs should be addressed. In particular, provisions in EAs which impose excessive constraints on merit-based hiring and promotion, casual/flexible workers, innovation and 'order of pick' should be prohibited Patrick has effectively addressed a number of these issues through its recent EA negotiations but any further legislative improvements should support further productivity improvements. Terminal access charges (TAC) and other fixed fees should be regulated so they can only be charged to shipping lines, not to transport operators. The draft recommendation if actioned will not impact Patrick financially but may have some adverse impact on the CTO operation The National Voluntary Guidelines (NVG) developed by the National Transport Commission (NTC) provides a framework that balances both the quayside and landside productivity initiatives • The Federal and State transport and infrastructure Ministers only endorsed the NVG framework in March 2022 • ACCC supports the current status on landside fees and the NVG framework and has a monitoring role PATRICK 75

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