2025 Annual Meeting Results

PO Box 6159
Wellington 6141
New Zealand
DX SP21009
Level 6
57 Courtenay Place
Te Aro
Wellington
Telephone: 04 384-9734
Email: cmc@colmotor.co.nz
Website: www.colmotor.co.nz



2025 ANNUAL MEETING RESULTS


The 107
th
annual meeting of Shareholders of The Colonial Motor Company Limited was held
in Wellington today, Friday, 7 November 2025.

The five resolutions put to the meeting were passed by the Shareholders and the results of
the polls are:

Resolution
Votes in
favour
Votes
against
Abstain
1. To re-elect John William Michael Journee
as a director of the Company.
16,006,911

89.2%
7,474

0.0%
1,930,205

10.8%
2. To re-elect John Ormond Hutchinson as a
director of the Company.
15,985,313

89.1%
330,555

1.8%
1,628,722

9.1%
3. To elect John Alexander Beveridge as a
director of the Company.
16,307,077

90.9%
6,452

0.0%
1,631,061

9.1%
4. To authorise an increase in the annual
remuneration payable to Directors from
$330,000 to $515,000 with effect from 1
July 2025.
16,165,956

90.1%
131,651

0.7%
1,646,983

9.2%
5. To record the on-going appointment of
Grant Thornton as auditor and to authorise
the Directors to fix the auditor’s
remuneration.
16,310,114

90.9%
1,493

0.0%
1,632,983

9.1%

By order of the Board of
The Colonial Motor Company Limited

J G Tuohy
Company Secretary

7 November 2025