2018 Annual Shareholders Meeting – Results on Resolutions

7 August 2018 Rakon Limited (NZX: RAK) Resolutions Voted at the 2018 Annual Meeting of Shareholders All resolutions proposed at the Rakon Limited Annual Meeting of Shareholders (ASM) held on 7 August 2018 received a majority of votes. The specific resolutions voted were: 1. Bruce Robertson Irvine was re-elected as a Director of Rakon Limited. For: 103,345,545 Against: 1,391,142 Abstain: 66,655 2. The directors are authorised to fix the Auditors remuneration for the ensuing year. For: 104,536,746 Against: 132,492 Abstain: 134,104 The Board has determined that, in its view, the Independent Directors of the Company (in terms of the NZX Listing Rules) are Mr. Bruce Irvine, Mr. Keith Oliver and Ms. Lorraine Witten. Following the retirement of Mr. Bryan Mogridge as a Director and Chair of Rakon at today's ASM, Mr. Bruce Irvine is confirmed as the new Chair of Rakon Limited. - ends - Contact: Simon Bosley Chief Financial Officer +64 9 571 9206 / +64 27 898 7899 End CA:00321829 For:RAK Type:MEETING Time:2018-08-07 16:36:54