Future Director appointment

6 August 2018 Appointment of Teresa Steele-Rika as Future Director The Board of Scales Corporation Limited is pleased to advise the appointment of Teresa Steele-Rika as its next Future Director. Teresa is Head of Marketing at Tru-Test Group where she is responsible for global brand, product and marketing strategies as well as leading internal and external communications and supporting M&A activity. This is Scales Corporation's third appointment under the Institute of Directors' Future Directors programme following the previous appointments of Liz Muller and Jen Bunbury in 2016 and 2017 respectively. Scales Corporation Chairman Tim Goodacre says "We are pleased to be able to continue participation in the Future Director programme. Scales' has benefitted from the skills and fresh perspective provided by our prior appointees, and they in turn have gained valuable exposure to the governance of a listed entity, and to Scales' businesses. We look forward to Teresa's participation in this mutually beneficial programme". Ends 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 portfolio. It comprises three operating divisions: Horticulture, Storage & Logistics and Food Ingredients. The company's diverse spread of activities gives Scales broad exposure to New Zealand's agribusiness sector. Scales Corporation was founded in 1897 as a shipping business by George Herbert Scales. Today it employs more than 700 permanent staff New Zealand wide. Find out more at www.scalescorporation.co.nz. End CA:00321768 For:SCL Type:GENERAL Time:2018-08-06 16:45:55