Results of annual shareholders' meeting

market release
1 October 2025

Results of annual shareholders’ meeting

At Vector Limited’s shareholder meeting, held in Auckland (and virtually) on 30 September
2025, shareholders were asked to vote on seven 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:

• Election of V. Busby: the meeting elected Vaughan Busby.

• Re-election of A. Bell: the meeting re-elected Alastair Bell.

• Re-election of P. Hutchison: the meeting re-elected Paul Hutchison.

• Re-election of D. McKay: the meeting re-elected Doug McKay.

• Re-election of P. Rebstock: the meeting re-elected Paula Rebstock.

• Increase to the directors’ fee pool: the meeting resolved to increase the directors’ fee pool
over two financial years by $77,980 (from $1,087,020 to $1,165,000).

• Auditor reappointment and remuneration: the meeting recorded the automatic
reappointment of KPMG, and authorised the directors to fix the auditors remuneration for the
ensuing year.

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

Resolution For Against Abstain
To elect Vaughan Busby as a Director
of the Company
848,740,021
99.99%
44,163
0.01%
37,459
To re-elect Alastair Bell as a Director
of the Company.
842,076,231
99.21%
6,703,204
0.79%
43,468
To re-elect Paul Hutchison as a
Director of the Company.
848,627,458
99.98%
137,820
0.02%
57,625
To re-elect Doug McKay as a Director
of the Company.
841,218,481
99.11%
7,549,151
0.89%
55,271

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To re-elect Paula Rebstock as a
Director of the Company.
845,772,653
99.64%
3,016,258
0.36%
28,632
To increase the directors’ annual fee
pool over two financial years, with the
first increase to apply to the 2026
financial year and to be divided
among directors as the board
determines, as more particularly
described in the notice of meeting
847,839,734
99.90%
872,385
0.10%
102,702
To record the automatic
reappointment of the Auditor, KPMG,
and to authorise the directors to fix the
remuneration of the Auditor for the
ensuring year.
848,333,793
99.95%
455,512
0.05%
25,306

Authority for this announcement
Name of person authorised to make
this announcement
John Rodger
Investor contact
Jason Hollingworth, Chief Financial Officer, Vector
Jason.hollingworth@vector.co.nz, 021 312 928
Media contact
Matthew Britton, Communications Manager, Vector
Matthew.britton@vector.co.nz, 021 224 2966
Date of release through MAP 1/10/2025


ENDS


Investor contact
Jason Hollingworth, Chief Financial Officer, Vector
Jason.hollingworth@vector.co.nz, 021 312 928

Media contact
Matthew Britton, Communications Manager, Vector
Matthew.britton@vector.co.nz, 021 224 2966


About Vector
Vector is an innovative New Zealand energy company, delivering energy and communication
services to more than 630,000 residential and commercial customers across New Zealand.
Vector has a leading role in creating a new energy future through its Symphony strategy which
puts customers at the heart of the energy system. Vector is listed on the New Zealand Stock
Exchange with ticker symbol VCT. Our majority shareholder, with voting rights of 75.1%, is
Entrust. For further information, visit www.vector.co.nz.