South Port NZ Ltd – Results of Resolutions from AGM

29 October 2021 Results of South Port NZ Ltd At South Port NZ Ltd's shareholder meeting, held in Bluff on Friday, 29 October 2021, shareholders were asked to vote on four resolutions, which were supported by the Board. The Directors' Report, the Financial Statements and the Auditor's Report for the year ended 30 June 2021 were received. As required by NZX Listing Rule 6.1, all voting was conducted by a poll. The resolutions passed by shareholders were: 1. That Ms Nicola Greer be re-appointed as a Director on the South Port Board 2. That Mrs Michelle Anne Henderson be appointed as a Director on the South Port Board 3. Auditors That the Directors are authorised to fix the fees and expenses of the audit firm who acts as Agent for the Controller and Auditor General Directors' Remuneration 4. To increase the maximum aggregate sum available for payment to non-Executive Directors for each financial year commencing 1 July 2021 from $289,500 to $333,000, an increase of $43,500 (15%), such sum to be divided between the non-Executive Directors as they determine Detail of the total number of votes cast in person or by a proxy holder are: Resolution: 1. That Ms Nicola Greer be re-appointed as a Director on the South Port Board. For 22,362,611 (85%), Against 16,076 (0.06%), Abstain 0 2. That Mrs Michelle Anne Henderson be appointed as a Director on the South Port Board. For 22,095,929 (84%), Against 5,210 (0.02%), Abstain 10,000 3. That the Directors be authorised to fix the fees and expenses of the audit firm who acts as Agent for the Controller and Auditor General. For 22,070,199 (84%), Against 5,819 (0.02%), Abstain 37,685 4. To increase the maximum aggregate sum available for payment to non-Executive Directors for each financial year commencing 1 July 2021 from $289,500 to $333,000, an increase of $43,500 (15%), such sum to be divided between the non-Executive Directors as they determine. For 22,050,964 (84%), Against 21,521 (0.08%), Abstain 51,561 Pursuant to NZX Listing Rule 2.6.2, the Board has determined that the following Director is an Independent Director: * Michelle Anne Henderson Authority for this announcement Name of person authorised to make this announcement Lara Stevens Contact person for this announcement Lara Stevens Contact phone number (03) 212 6004 Contact email address lstevens@southport.co.nz Date of release through MAP 29/10/2021 End CA:00381862 For:SPN Type:MEETING Time:2021-10-29 16:59:10