Results of the 2019 Annual Meeting

RESULTS OF THE 2019 ANNUAL MEETING At Vector Limited's annual meeting, held in Auckland on 23 September 2019, shareholders were asked to vote on 7 resolutions, which were supported by the Board. As required by NZX Listing Rule 6.1, all voting was conducted by a poll. The resolutions passed by shareholders were: o Director Election Tony Carter was elected a director. o Director Election Dame Paula Rebstock was elected a director. o Director Election Bruce Turner was elected a director. o Director Re-election Jonathan Mason was re-elected a director. o Director Election Alastair Bell was elected a director. o Auditor re-appointment The meeting recorded the automatic reappointment of KPMG as the Company's auditor, and authorised the directors to fix the auditors remuneration for the ensuing year. o Amendment of Constitution The meeting resolved as a special resolution to amend Vector's constitution in the form and manner described in the Notice of Meeting. Detail of the total number of votes cast in person or by a proxy holder are: To elect Tony Carter as a Director of the Company. For 807,807,747 (99.94%) Against 468,820 (0.06%) Abstain 22,940 (0.00%) To elect Dame Paula Rebstock as a Director of the Company. For 807,874,845 (99.95%) Against 311,632 (0.04%) Abstain 113,030 (0.01%) To elect Bruce Turner as a Director of the Company. For 807,620,340 (99.92%) Against 590,433 (0.07%) Abstain 88,734 (0.01%) To re-elect Jonathan Mason as a Director of the Company. For 807,531,654 (99.91%) Against 669,588 (0.08%) Abstain 98,265 (0.01%) To elect Alastair Bell as a Director of the Company. For 807,896,511 (99.95%) Against 323,008 (0.04%) Abstain 79,988 (0.01%) To record the automatic reappointment of the Auditor, KPMG, and to authorise the directors to fix the remuneration of the Auditor for the ensuing year. For 807,979,251 (99.96%) Against 182,866 (0.02%) Abstain 137,390 (0.02%) To amend Vector's constitution in the form and manner described in the Notice of Meeting, with effect from the close of the Annual Meeting. For 802,819,666 (99.32%) Against 5,278,279 (0.65%) Abstain 201,562 (0.02%) Authority for this announcement Name of person authorised to make this announcement John Rodger Contact person for this announcement Investor contact Jason Hollingworth, Chief Financial Officer, Vector Media contact Elissa Downey, Senior Manager Corporate Communications, Vector Contact phone number Jason Hollingworth, +64 21 312 928 Elissa Downey, +64 21 866 146 Contact email address jason.hollingworth@vector.co.nz elissa.downey@vector.co.nz Date of release through MAP 24/09/2019 ENDS About Vector Vector is New Zealand's leading network infrastructure company which runs a portfolio of businesses delivering energy and communication services to more than one million homes and commercial customers across the country. Vector is leading the country in creating a new energy future for customers and continues to grow and invest in the growth of Auckland, and in a wide range of activities and locations. Vector is listed on the New Zealand Stock Exchange with ticker symbol VCT. Our majority shareholder, with voting rights of 75.1%, is Entrust. For further information, visit www.vector.co.nz End CA:00341442 For:VCT Type:MEETING Time:2019-09-24 08:31:03