2019 Annual Meeting – Resolution 3

EBOS Group Limited. NZBN 9429031998840
Level 7, 737 Bourke Street, Docklands, Victoria 3008, Australia.
Phone: +61 3 9918 5555, Fax: +61 3 9918 5588.
www.ebosgroup.com



23 September 2019
NZX/ASX Code: EBO

2019 Annual Meeting – Resolution 3
Following the release of the Notice of Annual Meeting on 12 September 2019, some investors have
requested further background information regarding Resolution 3, being the proposed increase in
the non-executive director fee pool from $1,100,000 per annum to $1,410,000 per annum with
effect from 1 July 2019.
In the interests of ensuring information is provided to all shareholders EBOS provides the following
data.
Director and committee fees
The table below sets out the director and committee fees expressed on a per annum basis as at 30
June 2019 and the expected fees should the increase in the fee pool be approved.
Officer 30 June 2019 Post shareholder approval
Chairman $300,000 $320,000
Director (other than Chairman) $150,000 $160,000
Chair of Audit & Risk
Committee
$20,000 $37,500
Chair of Remuneration
Committee
$5,000 $20,000
Member of Audit & Risk
Committee
$12,500 $17,500
Member of Remuneration
Committee
$3,000 $10,000
All amounts expressed in New Zealand dollars
The expected fees are an estimate only and the feel pool will be divided among directors as they
deem appropriate from time to time.
In October 2018, it was announced that the Board wished to appoint two new independent directors
to the Board. Mr Stuart McLauchlan was appointed with effect from 1 July 2019. However, having
regard to the current approved fee pool of $1,100,000, there is limited capacity within the fee pool
to appoint an additional director and allow for headroom for other reasons such as payment of fees
for undertaking additional duties.

EBOS Group Limited. NZBN 9429031998840
Level 7, 737 Bourke Street, Docklands, Victoria 3008, Australia.
Phone: +61 3 9918 5555, Fax: +61 3 9918 5588.
www.ebosgroup.com

Benchmarking exercise
As stated in the Notice of Annual Meeting, one of the reasons why approval for an increase in the fee
pool was being sought was to offer competitive fees to attract and retain non-executive directors of
a high calibre.
To assist the Board in assessing the extent of any increase to the approved fee pool, EBOS engaged
external consultants to provide benchmarking data. This benchmarking data referred to both NZX
and ASX peer group companies. This was considered relevant as the Company wishes to attract
directors of a high calibre from both New Zealand and Australia having regard to the location of the
Group’s operations.
The benchmarking data was one of the factors taken into account by the Board in proposing the
increase in the director fee pool.


Janelle Cain
General Counsel
EBOS Group Limited


For further information, please contact:
Mark Connell
Investor Relations Manager
EBOS Group Limited
+61 402 995 519