Rakon Annual Meeting Voting Results

Rakon Limited
T +64 9 573 5554, F +64 9 573 5559
8 Sylvia Park Road, Mt Wellington, Auckland 1060, New Zealand
Private Bag 99943, Newmarket, Auckland 1149, New Zealand
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9 August 2019

Rakon Limited (NZX: RAK)

Resolutions Voted at the 2019 Annual Meeting of Shareholders
All resolutions proposed at the Rakon Limited Annual Meeting of Shareholders held on 9 August 2019 received
a majority of votes and were decided by poll. The numbers and percentages of votes of shareholders entitled to
vote and voting on each resolution were as follows:
Ordinary Resolutions requiring a simple majority of votes of those shareholders entitled to vote and
voting, in person or by proxy.
1. Brent John Robinson re-election as a Director of Rakon Limited.

For: 127,111,847 99.02% Against: 1,258,764 0.98% Abstain: 16,604


2. Robert Keith Hamilton Watson re-election as a Director of Rakon Limited.

For: 127,941,434 99.66% Against: 435,781 0.34% Abstain: 10,000


3. Directors authorisation to fix the auditor’s remuneration for the following year.
For: 127,400,161 99.25% Against: 962,865 0.75% Abstain: 24,189

Special Resolution requiring 75% of votes of those shareholders entitled to vote and voting on the
resolution, in person or by proxy

4. Approval of amendments to Rakon Limited Constitution.

For: 128,051,924 99.82% Against: 236,825 0.18% Abstain: 98,466


The Board has determined that Director Robert Keith Hamilton Watson (who stood for re-election ) is an
independent Director and that Mr Bruce Irvine, Mr Keith Oliver and Ms Lorraine Witten are independent
Directors. The Board’s criteria for determining independence is consistent with the NZX Listing Rules.

-ends-

Contact:
Maureen Shaddick
Company Secretary
+64 9 571 9238
www.rakon.com

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About Rakon
Rakon is a global high technology company and a world leader in its field. The company designs and
manufactures advanced frequency control and timing solutions for telecommunications, global
positioning and space and defence applications. Rakon products are found at the forefront of
communications where speed and reliability are paramount. The company’s products create
extremely accurate electric signals which are used to generate radio waves and synchronise time in
the most demanding communication applications. Rakon has six manufacturing plants including two
joint venture plants and has six research and development centres. Customer support centres are
located in fifteen offices worldwide.
Rakon is proud of its New Zealand heritage; it was founded in Auckland in 1967. It is a public
company listed on the New Zealand stock exchange, NZX, ticker code RAK.
www.rakon.com