Special Meeting Voting Results

Results of Cavalier Corporation Limited Special Meeting of Shareholders At Cavalier Corporation Limited's special meeting of shareholders, held virtually today, shareholders were asked to vote on one resolution, which was supported by the Board. As required by NZX Listing Rule 6.1, all voting was conducted by a poll. The resolution passed by shareholders was: Ordinary resolution: Resolution: That the sale and leaseback of the Auckland Property, details of which are set out in the Explanatory Statement, so as to enable the Company to execute its transformation to the all-wool and natural materials business model, while also providing it with the additional liquidity and funding, be approved. Detail of the total number of votes cast in person or by a proxy holder are: Resolution - Approval for the sale and leaseback of the Auckland Property For 36,474,323 (99.25%) Against 277,004 (0.75%) Abstain 32,015 17 September 2020 For further information please contact: Paul Alston Chief Executive Officer palston@cavbrem.co.nz +64 21 918 033 +64 9 277 1135 Jackie Ellis Media and Investor Relations Jackie@ellisandco.co.nz +64 27 246 2505 End CA:00359935 For:CAV Type:MEETING Time:2020-09-17 13:01:08