Final Dividend – 2022 Financial Year

1 May 2023 SCALES CORPORATION DECLARES FY2022 FINAL DIVIDEND The Directors of Scales Corporation Limited (NZX:SCL) have declared a fully imputed final cash dividend for the 2022 Financial Year of 9.5 cents per share. Taking into account the 9.5 cents per share in FY2022 interim dividends, paid in January 2023 (6.0 cents per share) and March 2023 (3.5 cents per share), total cash dividends for the 2022 Financial Year total 19.0 cents per share, which represents 98% of Underlying Net Profit Attributable to Shareholders. The dividend is payable on 7 July 2023, with a record date of 29 June 2023. Annual Shareholders' Meeting The Annual Meeting is scheduled for 3.30pm, Wednesday 7 June 2023. The meeting will be held in Christchurch, with shareholders also able to attend virtually. The Notice of Meeting will be distributed shortly. The meeting will provide an excellent opportunity to update shareholders on trading to date for each business unit, including confirmation of the gross apple harvest and estimated packout percentage for Mr Apple, as provided historically. Contact: Steve Kennelly Chief Financial Officer Scales Corporation Limited +64 3 371 2263 / +64 274 317587 About Scales Corporation Scales Corporation is a diversified agribusiness portfolio. It comprises three operating divisions: Global Proteins, Horticulture and Logistics. The company's diverse spread of activities gives Scales broad exposure to the agribusiness sector. Scales Corporation was founded in 1897 as a shipping business by George Herbert Scales. Today it has operations across New Zealand, Australia and the United States. Find out more at www.scalescorporation.co.nz. End CA:00410690 For:SCL Type:CORPACT Time:2023-05-01 16:56:37