Annual Meeting 2019 – Results

Physical Address
18-24 Canaveral Drive, Rosedale
Postal Address
PO Box 301248, Albany
Contact
Phone: +64 9 970 7700
www.solutiondynamics.com


23 October 2019

Results of Annual Meeting

At Solution Dynamics annual shareholder meeting, held in Auckland today, shareholders were asked to
vote on 6 resolutions, which were supported by the Board.

As required by NZX Listing Rule 6.1, all voting was conducted by a poll.

The resolutions passed by shareholders were:

Ordinary business

1. That the Board be authorised to fix the remuneration of Grant Thornton as the Company’s auditors.

2. To re-elect Mr Elmar Toime who is retiring by rotation as required by clause 17 of the Company’s
constitution, and being eligible, offers himself for re-election as director.

3. Having been appointed during the year by the Board and holding office only until the Annual
Meeting, that Andrew (Andy) Preece be elected as a director.

4. Having been appointed during the year by the Board and holding office only until the Annual
Meeting, that Lee Eglinton be elected as a director.

5. That the directors be authorised to fix the remuneration of the directors of the Company from the
close of this meeting as per the table shown in Explanatory Note 5 of the Notice of Meeting
(changing the structure of directors’ fees from a total Director fee pool cap to a per Director rate).

Special business - adoption of new Constitution

6. In accordance with section 32(2) of the Companies Act:
a. the Company’s existing constitution is revoked; and
b. the proposed constitution (as presented to the Annual Meeting of Shareholders) be
adopted as the constitution of the Company.
Details of the total number of votes cast in person or by a proxy holder are:
Resolution For Against Abstain
Shares % Shares % Shares
Ordinary Business
1. That the board be
authorised to fix the
auditor’s remuneration.
7,007,545 100.0% 200 0.0% 0
2. To re-elect Mr Elmar
Toime as a director.
7,007,745 100.0% 0 0.0% 0
3. To elect Andrew (Andy)
Preece as a director.
7,007,745 100.0% 0 0.0% 0

Physical Address
18-24 Canaveral Drive, Rosedale
Postal Address
PO Box 301248, Albany
Contact
Phone: +64 9 970 7700
www.solutiondynamics.com


Resolution For Against Abstain
Shares % Shares % Shares
4. To elect Lee Eglinton as a
director.
7,007,745 100.0% 0 0.0% 0
5. Authorising the directors
to fix their remuneration
as per the table shown in
Explanatory Note 5
(changing the structure of
directors’ fees).
6,762,501 99.9% 10,300 0.1% 234,944
Special Business
6. Adoption of new
Constitution
7,007,745 100.0% 0 0.0% 0


Authority for this announcement
Name of person authorised to make this
announcement
John McMahon, Chairman
Contact person for this announcement
Chris Veale, Chief Financial Officer
Contact phone number
021 855 142
Contact email address
chrisve@solutiondynamics.com
Date of release through MAP 23/10/2019

For all media enquiries please contact:

John McMahon Nelson Siva
Chairman Managing Director
+61-(0)410-411 806 +64-(0)21-415 027