Appointment of Director

15 December 2021

Appointment of Director

The Board of Scales Corporation Limited is pleased to announce the appointment of Qi Xin, as a non-
executive director of the company. Mr Qi’s appointment is effective from 15 December 2021.

Mr Qi is a Senior Director of a department within China Resources Enterprise, Limited, whose
subsidiary, China Resources Ng Fung Limited, hold a 15.1% shareholding in Scales.

Mr Qi previously held the following roles with China Resources (Holdings) Co, Limited:
• Director of Strategy, with oversight of the companies Strategic Business Units; and
• Chief Financial Officer for an e-commerce business based in Shanghai.

Mr Qi holds a Bachelor of Engineering from the Beijing Institute of Technology and a MBA from the
University of North Carolina at Chapel Hill.

In accordance with Scales’ constitution, Mr Qi will retire from office at the next Scales Annual
Shareholders’ Meeting and will be eligible for election at that meeting.

Additionally, in accordance with Listing Rule 2.6.1 the Board have determined that Mr Qi is a non-
independent director of Scales.

Contact:
Steve Kennelly
Chief Financial Officer
Scales Corporation Limited
+64 3 371 2263 / +64 274 317587


About Scales Corporation
Scales Corporation is a diversified agribusiness group. It comprises three operating divisions:
Horticulture, Food Ingredients and Logistics. The company’s diverse spread of activities gives Scales
broad exposure to the agribusiness sector. Scales Corporation was founded in 1897 as a shipping
business by George Herbert Scales. Today it has operations across New Zealand, Australia and the
United States. Find out more at www.scalescorporation.co.nz.