Results of Annual Meeting

NZX RELEASE 30 July 2019 Results of Annual Meeting Asset Plus Limited is pleased to confirm the results of its annual meeting this afternoon. At today's annual meeting held in Auckland, shareholders were asked to vote on four resolutions, which were all supported by the Board. Voting was conducted by a poll. All resolutions were passed by shareholders. Details of the total number of votes cast in person or by a proxy holder are: Resolutions: 1. That Donald Bruce Cotterill be re-elected as a director of the Company - For: 84,974,419 (99.95%) - Against: 46,520 (0.05%) - Abstain: 21,000 2. That Paul John Duffy be re-elected as a director of the Company - For: 84,747,911 (99.68%) - Against: 273,028 (0.32%) - Abstain: 21,000 3. That the Board be authorised to fix the auditors' fees and expenses from time to time -For: 84,197,783 (99.09%) - Against: 776,636 (0.91%) - Abstain: 67,520 4. That approval is given for amendments to Asset Plus Limited's constitution, in the form and manner set out in the marked up version of the constitution attached to the notice of meeting - For: 83,980,591 (99.95%) - Against: 46,520 (0.05%) - Abstain: 983,192 A copy of the presentation provided to shareholders is also attached. -ENDS- For further information please contact: Bruce Cotterill Chairman, Asset Plus Ltd 021 668 881 Mark Francis Managing Director, Augusta Funds Management Ltd, Manager of Asset Plus 09 300 6161 Joel Lindsey Chief Operating Officer, Augusta Funds Management Ltd, Manager of Asset Plus 09 358 7933 End CA:00338331 For:APL Type:MEETING Time:2019-07-30 15:51:08