Rakon 2023 Annual Meeting Voting Results

Meeting Results Announcement
Page 1 of 1
16 August 2023
Results of Rakon Limited Annual Meeting

At Rakon Limited’s shareholder meeting, held today in the Newmarket Room, Ellerslie Event
Centre, Ellerslie Racecourse, 80 Ascot Avenue, Remuera, Auckland, New Zealand and online
via https://meetnow.global/nz shareholders were asked to vote on five (5) resolutions, which
were supported by the Board.

As required by NZX Listing Rule 6.1, all voting was conducted by a poll.

The resolutions passed by shareholders were:

1. That Lorraine Witten be re-elected as a director of Rakon.
2. That Keith Oliver be re-elected as a director of Rakon.
3. That Jung Meng Tseng be elected as a director of Rakon.
4. That the total annual remuneration pool for directors’ fees be increased by $73,500 from
$530,000 to $603,500.
5. That the directors be authorised to fix the remuneration of Rakon’s auditor,
PricewaterhouseCoopers for the following year.

Details of the total number of votes cast in person or by a proxy holder are:

Resolution For Against Abstain
Re-elect Lorraine Witten 127,447,941
(99.21%)
1,018,032
(0.79%)
6,295,463
Re-elect Keith Oliver 111,221,803
(86.30%)
17,650,670
(13.70%)
5,689,344
Elect Jung Meng Tseng 119,943,826
(93.81%)
7,913,922
(6.19%)
6,704,069
Increase remuneration pool for
directors’ fees
63,677,927
(59.97%)
42,505,763
(40.03%)
28,577,746
Authorise directors to fix auditor fees 112,951,048
(88.24%)
15,054,620
(11.76%)
6,755,768

Authority for this announcement
Name of person authorised to make this
announcement
Maureen Shaddick
Contact person for this announcement Nick Laurent
Contact phone number
+64 21 240 7541
Contact email address investors@rakon.com
Date of release through MAP 16/08/2023