Steel & Tube Results of 2022 Annual Shareholders Meeting

Results of the 2022 Annual Shareholders Meeting Auckland 30 September 2022 - Steel & Tube advises that all resolutions put to its Annual Shareholder Meeting held at Auckland and online today were passed by shareholders. The final results of the voting poll are in the attached document. The following resolutions were passed: - That the Directors be authorised to fix the fees and expenses of KPMG as the company's auditor. -That John Beveridge, who retires by rotation and is eligible for re-election, be re-elected as a Director of the Company. -That Andrew Flavell, who was appointed as a Director by the Board during the year, be elected as a Director of the Company. - To authorise, for the purpose of NZX Main Board Listing Rule 2.11, an increase in the total amount of remuneration payable per annum to non-executive Directors from $575,000 to $642,500 an increase of $67,500 (12% - an average of 2.3% per annum for the past five years), to be paid and allocated to the non-executive Directors as the Board considers appropriate. ENDS For further information please contact: Mark Malpass Steel & Tube CEO Tel: +64 27 777 0327 Email: mark.malpass@steelandtube.co.nz Richard Smyth Steel & Tube CFO Tel: +64 21 646 822 Email: Richard.smyth@steelandtube.co.nz For media assistance, please contact: Jackie Ellis, +64 27 246 2505 jackie@ellisandco.co.nz End CA:00399735 For:STU Type:MEETING Time:2022-09-30 13:48:27