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


27 April 2022
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 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:
• That the Board is authorised to fix the auditors’ remuneration.
• Having retired, that Anne Urlwin be re-elected as a Director of Summerset.
• Having retired, that Gráinne Troute 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 Mark Verbiest 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 Stephen Bull 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 $64,450 per annum (plus GST, if any), from
$840,000 per annum to $904,450 (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.
116,136,471
99.47%
613,118
0.53%
22,853
Having retired, that Anne Urlwin be re-elected
as a Director of Summerset.
115,612,957
99.03%
1,131,839
0.97%
27,646
Having retired, that Gráinne Troute be re-
elected as a Director of Summerset.
115,826,099
99.21%
920,084
0.79%
26,259
Having been appointed during the year by the
Board and holding office only until the Annual
Meeting, that Mark Verbiest be re-elected as
a Director of Summerset.
116,620,646
99.89%
127,263
0.11%
24,533
Having been appointed during the year by the
Board and holding office only until the Annual
Meeting, that Stephen Bull be re-elected as a
Director of Summerset.
116,654,721
99.92%
91,462
0.08%
26,259
That the maximum aggregate amount of
remuneration payable by Summerset to
Directors (in their capacity as Directors) be
increased by $64,450 per annum (plus GST,
115,947,629
99.67%
387,940
0.33%
95,348

if any), from $840,000 per annum to
$904,450 (plus GST, if any).

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 27/04/2022