Notice of Annual Meeting of Shareholders

1

ASCENSION CAPITAL LIMITED

NOTICE OF ANNUAL MEETING OF SHAREHOLDERS

Notice is hereby given that the Annual Meeting of Shareholders of Ascension Capital Limited
(the "Company”) will be held on Thursday, 30 September 2021 commencing at 10.00am.

Due to COVID-19 constraints in Auckland, shareholders who wish to attend can only
participate by way of Zoom attendance. The format allows all shareholders to attend without
the need to travel and it also negates any potential issues that may arse as a result of COVID-
19.

VIRTUAL SHAREHOLDER MEETING

To participate in the meeting online please use the following link to ACE’s virtual meeting
Zoom platform:

https://us02web.zoom.us/j/82808756692?pwd=WU5CeGtNMUdKTXBLaGFTd0tmSmZkZz09

Shareholders are advised to vote via their proxy form before the meeting.

BUSINESS OF THE MEETING
1. Re-election of John Cilliers as Director – Ordinary Resolution

John Cilliers retires in accordance with the provisions of the Constitution of the Company
and offers himself for re-election as a director. Accordingly, the shareholders of the
Company are requested to consider and, if thought fit, pass the following resolution as an
Ordinary Resolution:

“That John Cilliers be re-elected as a director of the Company.”

2. Remuneration of Auditors – Ordinary resolution

To authorise the Board to fix the remuneration of the Company’s auditors for the
forthcoming year.

NOTES

1. PROXIES
All shareholders of the Company entitled to attend and vote at the meeting are entitled
to appoint a proxy to attend and vote for them instead. A proxy need not be a
shareholder of the Company.

A proxy form is enclosed and to be effective must be lodged with the Company’s Share
Registrar, Computershare Investor Services Limited by either mailing to Computershare
Investor Services Limited at Private Bag 92119, Auckland 1142, or by sending your proxy
appointment to corporateactions@computershare.co.nz (in each case), so as to be
received by no later than 48 hours before the meeting is due to begin (ie before 10 am
Tuesday 28 September 2021).

2

If you wish to appoint an independent director or the Chairman as your proxy, Mr Keith
Jackson (Chairman of ACE) is willing to act on your behalf.

If you return this Proxy Form without directing the proxy how to vote on any particular
matter, the proxy will vote as he or she thinks fit.

2. VOTING RESTRICTIONS
There are no voting restrictions.


By Order of the Board of Directors



Keith Jackson
CHAIRMAN

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EXPLANATORY NOTES
NZX Listing Rules (“Listing Rules”) and Companies Act 1993 (“Act”)

The Company is listed on the NZX Main Board and must comply with the Listing Rules and the
Act. In addition, various provisions of the Listing Rules are included in the Constitution. The
Act, the Constitution and the Listing Rules contain specific requirements which are relevant to
the resolutions comprised in this Notice.

The implications of the Listing Rules, the Act and the Constitution, insofar as they relate to
each resolution, are addressed in the Explanatory Notes to each resolution.

Nature of Resolutions
The resolutions which are to be considered at the Meeting are both ordinary resolutions. An
ordinary resolution is a resolution passed by a simple majority of votes of shareholders of the
Company, entitled to vote and voting.

RESOLUTION 1 - RE-ELECTION OF JOHN CILLIERS AS DIRECTOR – ORDINARY
RESOLUTION

One director, John Cilliers retires by rotation in accordance with the Company’s constitution.
Being eligible, John offers himself for re-election at the Annual Meeting. A brief biography for
John is provided below:

John is an experienced company executive and director in both public and private companies
and is a member of Chartered Accountants Australia and New Zealand. Current directorships
include NZX listed Southern Charter Financial Group Limited. John previously held executive
finance roles in Pulse Energy, The Lines Company and The National Institute of Water and
Atmospheric Research. His experience includes financial management, corporate governance
and company secretarial services, preparation of statutory financial reports and managing
implementation of systems to support business growth.



RESOLUTION 2 – REMUNERATION OF AUDITORS – ORDINARY RESOLUTION

BDO is automatically reappointed at the annual meeting as the auditor of the Company under
section 207T of the Companies Act. This resolution authorises the Board to fix the fees and
expenses of the auditor.

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Ascension Capital Limited
By Mail
Computershare Investor Services Limited
Private Bag 92119, Auckland 1142, New Zealand
By Fax
+64 9 488 8787
For all enquiries contact
+64 9 488 8777
corporateactions@computershare.co.nz
Lodge your proxy
Proxy/Voting Form
For your proxy to be effective it must be received by 10:00 am Tuesday 28 September 2021
Turn over to complete the form to vote
How to Vote on Items of Business
All your securities will be voted in accordance with your directions.
Appointment of Proxy
Watching the Meeting on Zoom does not constitute being present at the
Meeting, and, accordingly, Shareholders cannot vote via Zoom - if you wish to
vote, please vote by proxy in accordance with the instructions overleaf and
return your proxy form by one of the ways listed at the top of this form.
Voting of your holding
Direct your proxy how to vote by marking one of the boxes opposite each item
of business. If you do not mark a box your proxy may vote as they choose. If you
mark more than one box on an item your vote will be invalid on that item.
Attending the Meeting
Please refer to the enclosed Notice of Meeting for details on accessing the
meeting.
Signing Instructions for Postal Forms
Individual
Where the holding is in one name, the securityholder must sign.
Joint Holding
Where the holding is in more than one name, all of the securityholders should
sign.
Power of Attorney
If this Proxy Form has been signed under a power of attorney, a copy of the
power of attorney (unless already deposited with the Company) and a signed
certificate of non-revocation of the power of attorney must be produced to the
Company with this Proxy Form.
Companies
This form should be signed by a Director jointly with another Director, or a
Sole Director can also sign alone. Please sign in the appropriate place and
indicate the office held.
Comments & Questions
If you have any comments or questions for the company, please write them on
a separate sheet of paper and return with this form.
Ascension Capital Limited (the Company) gives you notice that the annual meeting of shareholders will be held online via Zoom
link commencing at 10
:00 am on 30 September 2021. Shareholders can watch the proceedings using the below access details.
Topic: ACE AGM 2021. Date: 30 September 2021 Time: 10:00 am Auckland.
Join Zoom Meeting: https://us02web.zoom.us/j/82808756692?pwd=WU5CeGtNMUdKTXBLaGFTd0tmSmZkZz09
ZOOM ANNU
AL MEETING

STEP 1
SIGN
Contact Name Contact Daytime Telephone Date
STEP 2
hereby appointof
or failing him/her
of
Proxy/Voting Form
Appoint a Proxy to Vote on Your Behalf
I/We being a securityholder/s of Ascension Capital Limited
as my/our proxy to act generally at the meeting on my/our behalf and to vote in accordance with the following directions at the
Annual General Meeting of Ascension
Capital Limited to be held via Zoom Meeting on Thursday, 30 September 2021 at 10:00 am
and at any adjournment of that meeting.
Please note:
If you mark the Abstain box for an item, you are directing your proxy not to vote on your behalf your votes will not be counted in
computing the required majority.
Items of Business - Voting Instructions
Signature of Securityholder(s) This section must be completed.
Securityholder 1
or Sole Director/Director
Securityholder 2
or Director (if more than one)
Securityholder 3
@Elect Electronic Communications
Want to receive your communications quickly? Elect electronic communications by providing your email address below
Email Address
(By providing an email address above it is acknowledged that all communications for my portfolio will be received electronically where offered)
ForAgainstAbstain
Proxy
Discretion
Ordinary Business
Item 1Re-election of John Cilliers as director of the company.
Item 2To authorise the Board to fix the remuneration of the Company’s auditors for the forthcoming year.
If your proxy is not the Chairman of the Meeting or any other director of the Company, please ensure that you provide their contact details
(phone and email address).
Proxy contact Details (Phone):and (Email):