EROAD’s 2019 Annual Shareholders’ Meeting – Results

TEL +64 9 927 4700 PO Box 305 394
FAX +64 9 927 4701 Triton Plaza, North Shore 0757 Page 1
FREE 0800 4 EROAD Auckland, New Zealand eroad.co.nz
Auckland, New Zealand
2 August 2019
Results of EROAD Limited 2019 Annual Shareholders’ Meeting
EROAD Limited (NZX: ERD) advises that all resolutions put to the company’s annual shareholders’
meeting held in Auckland on 1 August 2019 were passed.
The four resolutions were:
1. To elect Steven Newman as a Director.
2. To elect Susan Paterson as a Director.
3. To authorise the Directors to fix the fees and expenses of EROAD’s auditor.
4. To amend EROAD’s constitution in the form and the manner described in the Notice of Meeting.
All of the resolutions were passed by poll with the voting results as follows.

Resolution 1: To elect Steven Newman as a Director.
For: 42,491,525 (99.99%)
Against: 5,660 (0.01%)
Abstain: 3,500

Resolution 2: To elect Susan Paterson as a Director.
For: 40,294,730 (94.81%)
Against: 2,205,955 (5.19%)
Abstain: 0

Resolution 3: To authorise the Directors to fix the fees and expenses of EROAD’s auditor.
For: 42, 407,725 (99.78%)
Against: 92,960 (0.22%)
Abstain: 0

TEL +64 9 927 4700 PO Box 305 394
FAX +64 9 927 4701 Triton Plaza, North Shore 0757 Page 2
FREE 0800 4 EROAD Auckland, New Zealand eroad.co.nz

Resolution 4: To amend EROAD’s constitution in the form and the manner described in the Notice of
Meeting
For: 42,493,442 (99.99%)
Against: 2,543 (0.01%)
Abstain: 4,700
An archived copy of the webcast, transcript, and the attached presentation deck will be available
through the investor section of EROAD’s website.

Contact:
Mark Heine, General Counsel and Company Secretary
+64 9 927 4747
investors@eroad.com

About EROAD
• EROAD believes every community deserves safer roads that can be sustainably funded. This is
why EROAD develops technology solutions (products and services) that manage vehicle fleets,
support regulatory compliance, improve driver safety and reduce the costs associated with
driving. EROAD also provides valuable insights and data analytics to universities, government
agencies and others who research, trial and evaluate future transport networks. This data
enables those who use the roads to influence the design, management and funding of future
transport networks.
• EROAD launched with the purpose of modernizing New Zealand’s paper-based road user
charging system. By 2009 EROAD had introduced the world’s first nationwide electronic road
user charging system and now around 46% of collected heavy vehicle road user charges in New
Zealand are being collected using EROAD technology. By March 2019, this had delivered
NZ$2.5B to NZTA for the sustainability of the NZ transport network. In the USA, EROAD
introduced the first electronic Weight Mile Tax service (2014) and the first independently
verified Electronic Logging Device service (2017).
• EROAD (ERD) is listed on the NZX, and employs over 250 staff located across NZ, Australia and
North America.