Outcome of Summerset Annual Meeting

Summerset Group Holdings Limited
Level 27, Majestic Centre, 100 Willis St, Wellington
PO Box 5187, Wellington 6140
Phone: 04 894 7320 | Fax: 04 894 7319
Website: www.summerset.co.nz


NZX & ASX RELEASE
29 APRIL 2020
RESULTS OF SUMMERSET GROUP HOLDINGS LIMITED ANNUAL SHAREHOLDER
MEETING

At Summerset Group Holdings Limited’s shareholder meeting, held online today, shareholders were
asked to vote on 5 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:
• That the Board is authorised to fix the auditors’ remuneration.
• Having retired, that Rob Campbell be re-elected as a Director of Summerset.
• Having retired, that Andrew Wong be re-elected as a Director of Summerset.
• Having been appointed during the year by the Board and holding office only until the Annual
Meeting, that Venasio-Lorenzo Crawley be re-elected as a Director of Summerset.
• That the maximum aggregate amount of remuneration payable by Summerset to Directors (in their
capacity as Directors) be increased by $72,000 per annum and any GST payable on these fees,
from $768,000 per annum to $840,000 per annum (plus GST, if any).
Details of the total number of votes cast in person or by a proxy holder are:

Resolution For Against Abstain
That the Board is authorised to fix the auditors’
remuneration.
121,561,392
(99.90%)
120,702
(0.10%)
34,727
Having retired, that Rob Campbell be re-elected
as a Director of Summerset.
106,274,536
(87.34%)
15,406,396
(12.66%)
35,889
Having retired, that Andrew Wong be re-elected
as a Director of Summerset.
121,648,020
(99.97%)
32,060
(0.03%)
36,741
Having been appointed during the year by the
Board and holding office only until the Annual
Meeting, that Venasio-Lorenzo Crawley be re-
elected as a Director of Summerset.
121,539,129
(99.93%)
86,619
(0.07%)
91,073
That the maximum aggregate amount of
remuneration payable by Summerset to
Directors (in their capacity as Directors) be
increased by $72,000 per annum and any GST
payable on these fees, from $768,000 per
annum to $840,000 per annum (plus GST, if
any).
181,370,357
(97.81%)

2,655,850
(2.19%)
221,458

ENDS

Authority for this announcement
Name of person authorised to make this
announcement
Robyn Heyman
Contact person for this announcement Robyn Heyman
Contact phone number +64 27 5065562
Contact email address robyn.heyman@summerset.co.nz
Date of release through MAP 29/04/2020