NZK – 2019 Annual Shareholders’ Meeting results

5 November 2019 Results of New Zealand King Salmon Investments Ltd (NZX and ASX:NZK) Annual Shareholder Meeting At New Zealand King Salmon Investment's Annual Shareholder meeting, held in Blenheim today, shareholders were asked to vote on 6 resolutions, which were supported by the Board other than resolution 5, on which neither the Board nor any associated person was permitted to vote. As required by NZX Listing Rule 6.1, all voting was conducted by a poll. The resolutions passed by shareholders were: o Item 1 That the Board is authorised to fix the auditor's remuneration for the coming year. o Item 2 Having been appointed during the year by the Board and holding office only until the Annual Meeting, that Tomakin Lai (Po Sing Lai) be elected as a Director. o Item 3 Having been appointed during the year by the Board and holding office only until the Annual Meeting, that Chiong Yong Tiong be elected as a Director. o Item 4 Having retired in accordance with NZX Listing Rule 2.7.1, that Grant Rosewarne be elected as a Director. o Item 5 That the maximum total pool of Director's remuneration payable by NZKS to Directors (in their capacity as Directors) be increased by $55,000 per annum from $465,000 per annum to $520,000 per annum with immediate effect, with such sum to be divided amongst the Directors as the Board may from time to time determine. o Special Resolution Item 6 That, effective from the close of the Annual Meeting, the constitution of NZKS be amended in the form and manner described in the Explanatory Notes Detail of the total number of votes cast in person or by a proxy holder are: Item 1 That the Board is authorised to fix the auditor's remuneration for the coming year. For 96,278,702 (99.89%) Against 110,750 (0.11%) Abstain 37,700 Item 2 Having been appointed during the year by the Board and holding office only until the Annual Meeting, that Tomakin Lai (Po Sing Lai) be elected as a Director. For 86,308,931 (89.58%) Against 10,034,751 (10.42%) Abstain 83,470 Item 3 Having been appointed during the year by the Board and holding office only until the Annual Meeting, that Chiong Yong Tiong be elected as a Director. For 96,313,882 (99.97%) Against 26,200 (0.03%) Abstain 87,070 Item 4 Having retired in accordance with NZX Listing Rule 2.7.1, that Grant Rosewarne be elected as a Director. For 96,378,246 (100.00%) Against 3,736 (0.00%) Abstain 45,170 Item 5 That the maximum total pool of Director's remuneration payable by NZKS to Directors (in their capacity as Directors) be increased by $55,000 per annum from $465,000 per annum to $520,000 per annum with immediate effect, with such sum to be divided amongst the Directors as the Board may from time to time determine. For 20,343,734 (97.29%) Against 566,503 (2.71%) Abstain 75,516,915 Special Resolution Item 6 That, effective from the close of the Annual Meeting, the constitution of NZKS be amended in the form and manner described in the Explanatory Notes For 96,318,862 (99.99%) Against 7,700 (0.01%) Abstain 100,590 Independent Directors In terms of NZX Listing Rule 2.6.1, the Board has determined the following directors are independent: John Ryder Paul Steere Authority for this announcement Name of person authorised to make this announcement Andrew Clark Contact person for this announcement Andrew Clark Contact phone number 021 471-953 Contact email address andrew.clark@kingsalmon.co.nz Date of release through MAP 05/11/2019 ENDS End CA:00343828 For:NZK Type:MEETING Time:2019-11-06 08:30:19