Chief Financial Officer Resignation

5 April 2019 Listed Company Relations New Zealand Exchange Limited PO Box 2959 Wellington Dear Sir/Madam RESIGNATION OF CHIEF FINANCIAL OFFICER The Board of Directors wishes to advise that Mr Greg Chiles, Chief Financial Officer, has tendered his resignation. Greg has been with the company since February 2008 and has been a valued member of the Executive team, contributing to the strategic development and success of the business. Succession planning within Scott has helped Greg build a strong and capable team leaving the business much larger and stronger than it was when he joined. The Board extends its sincere thanks to Greg for his dedication, commitment and service to the company and wishes him every success for the future. The Company is reviewing options to fill the role and will provide an update to the market as appropriate. Greg's last day with the company will be Friday, 3 May 2019. Yours faithfully Chris Hopkins Chief Executive End CA:00333029 For:SCT Type:CORPACT Time:2019-04-05 10:59:00