LIC Director Changes

CERTIFICATE OF RETURNING OFFICER AS TO VOTING


I, Melanie Tonkin, Governance and Representation Advisor, of Livestock Improvement Corporation Limited
(“Company”) hereby certify as follows:

1. I was authorised by the Board of the Company to receive and count postal, electronic and proxy votes
at the Annual Meeting of Shareholders of the Company held on Thursday 20 October 2022 (“Meeting”),
and to act as Returning Officer in relation to votes cast on a poll at the Meeting.

2. I appointed Link Market Services Limited (“Link”) to collect together all postal, electronic and proxy
votes received by or lodged with the Company in relation to the Meeting.

3. With respect to the postal and electronic votes and the votes cast by way of poll in relation to each
resolution to be voted on at the Meeting, Link, on my behalf has collected and counted:

(i) The number of Shareholders and their Shares voted in favour of the resolution and the
percentage that the votes in favour of the resolution represents of the total votes cast on the
resolution; and

(ii) The number of Shareholders and their Shares voted against the resolution and the percentage
that the votes against the resolution represents of the total votes cast on the resolution.


4. Attached are the results of the counts made as referred to above.


Dated the 20 October 2022





MJ Tonkin
Returning Officer

Annual Meeting of Shareholders – 20 October 2022
Postal Voting and Poll Voting Results
1. Approval of LIC Directors’ Remuneration


Total Shares voted in favour of the resolution
20,732,278
Total Shareholders voted in favour of the resolution
298
Percentage of votes in favour of the resolution 85.24%
Total Shares voted against the resolution 3,589,297
Total Shareholders voted against the resolution 133
Percentage of votes against the resolution 14.76%

2. Approval of Shareholder Reference Group’s Remuneration


Total Shares voted in favour of the resolution
21,425,494
Total Shareholders voted in favour of the resolution
305
Percentage of votes in favour of the resolution 86.83%
Total Shares voted against the resolution 3,248,862
Total Shareholders voted against the resolution 136
Percentage of votes against the resolution 13.17%

3. Reappointment of external Auditor KPMG


Total Shares voted in favour of the resolution
23,899,107
Total Shareholders voted in favour of the resolution
432
Percentage of votes in favour of the resolution 96.6%
Total Shares voted against the resolution 841,807
Total Shareholders voted against the resolution 15
Percentage of votes against the resolution 3.4%

4. Election of one Elected Director for the South Island


Victoria Trayner
3,465489
Siobhan O’Malley
514,668
Corrigan Sowman 5,241,894%

5. Ratify Re-Appointment of Tim Gibson as an Appointed Director


Total Shares voted in favour of the resolution 23,854,303
Total Shareholders voted in favour of the resolution 413
Percentage of votes in favour of the resolution
97.53%
Total Shares voted against the resolution 605,280
Total Shareholders voted against the resolution 24
Percentage of votes against the resolution 2.47%



6. Election of two Members of the Shareholder Reference Group for the Upper North Island
Territory (one vote per ptpt code)


Aleisha Broomfield 53
Murray Hawkings 37
Mark Benns
48

7. Re-Election of Scott Montgomerie to the Honoraria Committee (one vote per ptpt code)


Total Shares voted in favour of the resolution 510
Total Shareholders voted in favour of the resolution 411
Percentage of votes in favour of the resolution
97.12%
Total Shares voted against the resolution 15
Total Shareholders voted against the resolution 15
Percentage of votes against the resolution 2.88%

8. Re-Election of Shirley Trumper to the Honoraria Committee (one vote per ptpt code)


Total Shares voted in favour of the resolution 487
Total Shareholders voted in favour of the resolution 400
Percentage of votes in favour of the resolution
93.65%
Total Shares voted against the resolution 33
Total Shareholders voted against the resolution 33
Percentage of votes against the resolution 6.35%

Note: Percentages based on votes cast in favour, votes cast against, abstentions cast and blank voting
forms returned.