1. Facilitating trade growth and optimising operations at Port Hedland

2. Licence to Operate – Safety ISO 4801 certification held at Port Hedland Lost Time Injury Frequency Rate (LTIFR) for FY14 3.51 Drug and Alcohol Testing Performance – FY14: 46,409 random blood and alcohol tests with 34 positives. Licence to Operate – Environment ISO 14001 certification held at Port Hedland IMS including ISO 9001 (2007) for Quality certification and ISO 27001 for Information Security.

3. Port Hedland - Historical trade growth 4140 vessels 12/13 4950 vessels 13/14 372.3 Mt throughput # 2013/14 Average 27.5% annual growth in throughput (2010 – 2014) * 280.2 Mt iron ore # 364.3 Mt iron ore 288.4 Mt throughput* 2012/13

4. Port Hedland - Historical trade growth * forecasting 27% in 2014 WA produces over one quarter of the world’s iron ore (26% in 2012). WA export volumes account for 42% of global shipments once domestic use is taken out.

5. Port Hedland - Iron ore export volumes ‘95 ‘96 ‘97 ‘98 ‘99 ‘01 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ’08 ’09 ‘10 ’11 ‘12 ‘13 ’14 ‘15 ‘16 ‘17 Million tonnes Financial Year

6. Port Hedland - Economic importance WA mining royalties forecast for 2013 -14 = $5.8B $3B derived through PH exports Total value of exports for 2014 FY = $35B * * Iron ore price at $95/tonne

7. Port Hedland – Operational performance Monthly throughput trending upwards - reached 1M tonnes per day by Dec 2013 Million tonnes

8. Port Hedland – Operational performance Single tide milestones : 6 Apr – 1,111,109t 2012 2013 2014 First one million tonnes on a single tide Progressive growth of tonnes shipped on each tide 4 June - 947,775t x 5C 18 June – 1,040,062t x 6C 24 Nov – 1,065, 483t x 6C 17 Dec – 1,052,446t x 6C 5 Nov – 1,056,597t x 6C 17 Nov – 1,083,210t x 6C 8 Mar – 1,007,164t x 5C 25 Oct – 1,062,515t x 5C + 1P 15 Jan – 1,059,740t x 6C 6 Apr – 1,111,109t x 6C 28 Apr – 1,025,962t x 5C 28 Apr – 1,002,143t x 6C C = Cape size P = Panamax 7 June – 1,270,721t x 7C 22 Apr – 1,057,711t x 6C 9 May – 1,105,015t x 5C 28 Apr – 1,025,962t x 5C 5 August - 1,029,766 x 6C

9. Port Hedland – Operational performance INCREASING VESSEL SAILING TONNAGES Hugo N (263,962 t) Abigail N (254,010 t) Wugang Innovation (247,906 t) Recent single shipment milestones: Maximum sailing draft has increased from 19.05m (Abigail N, 15 Nov 2012) to 19.65m (Hugo N, 5 Dec 2013) 15 Nov 2011 15 Nov 2012 5 Dec 2013

10. Port Hedland – Operational performance Facilitating larger vessels Fleet profile moving to larger vessels WozMax/ PH Max/ PSU Series/ N Series Recent DWT milestones at Port Hedland: 4 Oct 2012 - Daniel N (297,359t) 2009/10: 10% of fleet > 200k DWT, nil > 250k DWT 2013/14: 27% of fleet > 200k DWT, 6% > 250k DWT 5 Nov 2013 - Wugang Haoyun (299,385t) 17 Dec 2013 - CSB Talent (315,041t) 15 Nov 2012 - Abigail N (297,430t) 1 Feb 2014 – CSB Glory (315,063t)

11. Operational enhancements at Port Hedland Provides for minimum 90cm clearance Upgrades to DUKC system (Series V) Dynamic Under Keel Clearance System Tidal Range: 7m Current: 2-3 knots Depths: 14.8m (IH), 15m -16.6m (channel) Targeted dredge campaign:  Removal of siltation allowance  High spot dredging in Inner Harbour  Revision of tidal model Net average benefit = 71cm = 14,000t/vessel = $1.5 million/vessel Specialised Dredging Campaign

12. Operational enhancements at Port Hedland Increased departure window from 3.5 hours to 4.5 hours - with 30min gaps Capacity to increase number of vessel departures from 6 to 8 Increased tidal departure window as a result of Port enhancements Increased towage requirements and provisions On departure, four tugs escort to Hunt Point, three tugs escort to Beacon No. 30/31 Channel width at Hunt Point = 183m Nineteen tugs required to manage ≥ 460Mtpa In 2009: 10 tugs (stern-drive) 2014: 15-16 tugs (8-9 rotor tugs)

13. Future Port Hedland Port Initiatives Channel escape areas - shorter departure windows (30mins 20mins) 400m survey outside channel (complete) Real time data feed to Portable Pilot Units (complete) Improved tidal network & DUKC Series V (complete) Significantly improved channel transit management Channel Enhancements

14. Future Port Hedland Port Initiatives Partnership with HR Wallingford – to operate an advanced ship navigation and maritime simulation facility in Fremantle. Optimisation of marine operating procedures, and professional development and training of individual pilots, tug masters and port staff. Vessel traffic services (VTS) simulator plus six real time ship simulation bridges (including four dedicated tug bridges) Advanced site familiarisation and scenario based emergency and failure training. World-class Maritime Simulation Facility

15. Ports Review – Pilbara Ports Authority Operational Benefits: Single entity oversight of all shipping across the Pilbara region Leverage operational capabilities, e.g. Dredge Manager, and engineering oversight Development Benefits: Single point of contact for proponents Streamlining of processes, e.g. environmental and DA processes Strategic Objectives As of 1 July 2014 - consolidates all ports across (11 in total) the Pilbara region Dampier Port Authority (2013-14) = 176.5 Mt Iron ore = 146.1 Mt Gas products = 20.1 Mt

16. Operating Models

17. Values: ExcellenceRespectIntegrityCare Courage PPA Organisational Structure “A functional risk and governance architecture”

18. Pilbara Ports Authority Port Hedland Dampier