Turners Annual Meeting

TURNERS AUTOMOTIVE GROUP LIMITED
NOTICE OF ANNUAL MEETING
Notice is given that the 2022 annual meeting of shareholders of Turners Automotive Group Limited
(Turners or the Company) will be held in the Toroa Room, PwC Tower, Level 2, 15 Custom Street West,
Auckland, New Zealand on Wednesday 17 August 2022 commencing at 10.30am.
COVID-19
The Company will be monitoring any meeting or gathering restrictions in Auckland as a result of the
current COVID-19 pandemic. In the event of any significant developments, the Company may, in its sole
discretion, elect to hold this Annual Meeting as an online only meeting if it considers there are potential
risks to the health of meeting attendees or if an in-person meeting is prohibited by law. In such
circumstances, the Company will provide shareholders with as much notice as is reasonably practicable by
way of an announcement to the NZX and on the Company’s website.
AGENDA
Chairman and Chief Executive Officer Presentations
Shareholder Discussion
ORDINARY RESOLUTIONS
To consider and, if thought fit, pass the following ordinary resolutions:
Auditors
Resolution 1
That Baker Tilly Staples Rodway be reappointed as auditors of the Company and that the Directors be
authorised to fix the auditor’s remuneration.
Directors
Resolution 2
That Grant Baker, who retires by rotation and has offered himself for re-election, be re-elected as a
Director of the Company.
Resolution 3
That Alistair Petrie, who retires by rotation and has offered himself for re-election, be re-elected as a
Director of the Company.
Explanatory notes regarding each of these resolutions are attached to this notice of meeting.
Notes on Voting
1 The resolutions will be voted on by shareholders of the Company as ordinary resolutions.
2 An ordinary resolution is a resolution passed by a simple majority of the votes cast of the shareholders
entitled to vote and voting.
3 The only persons entitled to vote at the annual meeting are registered shareholders as at 5:00 pm on
Monday 15 August 2022 and only the ordinary shares registered in those shareholders’ names may be
voted at the annual meeting.
4 Any shareholder who is entitled to vote at the annual meeting may appoint a proxy to attend and vote
on their behalf. A shareholder wishing to appoint a proxy should complete the enclosed Voting/Proxy
form and send it to Computershare Investor Services Limited, Private Bag 92119, Auckland 1142, New

Zealand, or lodge online using Computershare’s investorvote facility so as to ensure that it is received at
least 48 hours before the time for holding the meeting. A proxy does not have to be a shareholder in the
Company. A shareholder may appoint any person to act as a proxy. The Chairman or any of the other
Directors is prepared to, act as a discretionary proxy for any shareholder. If, in appointing a proxy, you
have inadvertently not named someone to be your proxy (either online or on the enclosed proxy form),
or your named proxy does not attend the meeting, the Chairman of the meeting will be your proxy and
will vote in accordance with your express direction. If appointed as a discretionary proxy, each Director
intends to vote in favour of all resolutions.
5 To direct your proxy how to vote on each resolution, you should tick the appropriate box on the enclosed
proxy form. Except as set out in the proxy form, if you appoint a proxy, but do not tick one of the boxes
in relation to a resolution, you will be deemed to have granted your proxy the discretion to cast your
votes as he or she decides.
6 Any corporation that is a shareholder may appoint a person as its representative to attend the annual
meeting and vote on its behalf, in the same manner as that in which it could appoint a proxy. A
corporation wishing to appoint a person must ensure that the representative brings an original of the
notice appointing him or her to the meeting. To assist administration, the Company would be grateful if
notices appointing representatives are delivered to Computershare Investor Services Limited, Private
Bag 92119, Auckland 1142, New Zealand, at least 48 hours before the time of the meeting. If the notice
of appointment is not delivered to the Company’s Share Registrar prior to the meeting, the
representative must bring to the meeting an original copy of the notice of appointment signed by the
relevant Company or body corporate.
For and on behalf of the Board

Barbara Badish
Company Secretary
15 July 2022

100522572/9335662.1
EXPLANATORY NOTES TO NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
AUDITORS
Resolution 1
Baker Tilley Staples Rodway is automatically reappointed as auditor of the Company under section
207T of the Companies Act 1993. The proposed resolution seeks shareholder confirmation of this and
empowers the Directors to set the remuneration of the auditors.
DIRECTORS
Under rule 2.7.1 of the NZX Listing Rules (the Listing Rules), a director must not hold office past the
third annual meeting following appointment or three years, whichever is longer, without being re-elected
by shareholders. Accordingly, Grant Baker and Alistair Petrie retire and, being eligible, offer themselves
for re-election. The Board unanimously supports their respective re-elections.
Brief biographies outlining Grant Baker’s and Alistair Petrie’s histories and experience are set out below.
Resolution 2
Grant Baker retires by rotation pursuant to the Listing Rules, and being eligible, has offered himself
for re-election as a director.
Grant Baker has wide experience at a senior level in both public and private New Zealand companies.
He has been involved in a number of successful ventures, including 42 Below Vodka and Trilogy
International. He is chairman on NZX listed Me Today Limited and was chairman of 42 Below Vodka and
Trilogy International.
With a 7.49% shareholding, Grant is a long term committed investor in Turners Automotive Group and
has been Chairman of Turners Automotive Group since September 2009. As an avid collector of specialist
vehicles and a motor racing enthusiast, both as a competitor and as a backer of young up and coming
drivers. He is currently chairman of the Liam Lawson Supporters Partnership and is passionate about the
strong Turners brand and its focus on cars.
In terms of the Listing Rules, the Board considers that Grant Baker is a non-executive Director but is not
independent.
Resolution 3
Alistair Petrie retires by rotation pursuant to the Listing Rules, and being eligible, has offered himself
for re-election.
Alistair Petrie has over 15 years of senior management experience in both private and listed companies
in the agribusiness sector. He has extensive knowledge in sales and marketing in both international and
domestic environments, which is particularly useful for some of the challenges and opportunities Turners
has importing vehicles from Japan. He has a number of directorships with companies that have a focus
on growth and innovation, and he represents the interests of Bartel Holdings, which has a 11.55%
shareholding in Turners Automotive Group. Alistair worked for many years at Turners & Growers, the
original parent company of Turners Auctions, which provides a nice connection at Board level back to
those foundational brand values of “trust and integrity”. Alistair has a BSC (hons) from Newcastle Upon
Tyne University and an EMBA from Melbourne University.
In terms of the Listing Rules, the Board considers that Alistair Petrie is a non-executive Director but is
not independent.

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Your secure access information
Control Number: CSN/Securityholder Number:
PLEASE NOTE: You will need your CSN/Securityholder Number and postcode or country of residence (if outside New Zealand) to
securely access InvestorVote and then follow the prompts to appoint your proxy and exercise your vote online.
Turn over to complete the form to vote
Proxy/Voting Form
How to Vote on Items of Business
All your securities will be voted in accordance with your directions.
Appointment of Proxy
If you do not plan to attend the meeting, you may appoint a proxy. The
Chairman or any of the other Directors is prepared to act as a discretionary
proxy for any shareholder. If, in appointing a proxy, you have inadvertently not
named someone to be your proxy (either online or on the enclosed proxy form),
or your named proxy does not attend the meeting, the Chairman of the meeting
will be your proxy and will vote in accordance with your express direction. If
appointed as a discretionary proxy, each director intends to vote in favour of all
resolutions. To do this, enter the name of your proxy in the space allocated in
‘Step 1’of this form. A proxy need not be a shareholder of the company.
Voting of your holding
To direct your proxy how to vote on each resolution, you should tick the
appropriate box on the proxy form. If you appoint a proxy, but do not tick one of
the boxes in relation to those resolutions, you will be deemed to have granted
your proxy the discretion to cast your votes as he or she decides.
Attending the Meeting
Bring this form to assist registration. Companies or body corporates that wish
to attend through a representative must ensure that the representative brings
a copy of the notice appointing him or her to the meeting. Notices appointing
representatives must be provided to Computershare at least 48 hours before the
time of the meeting.
Signing Instructions for Postal Forms
Individual
Where the holding is in one name, the securityholder must sign.
Joint Holding
Where the holding is in more than one name, all of the securityholders should
sign.
Power of Attorney
If this Proxy Form has been signed under a power of attorney, a copy of the
power of attorney (unless already deposited with the Company) and a signed
certificate of non–revocation of the power of attorney must be produced to the
Company with this Proxy Form.
Companies
This form should be signed by a Director jointly with another Director, or a
Sole Director can also sign alone. Please sign in the appropriate place and
indicate the office held.
Comments & Questions
If you have any comments or questions for the company, please write them on
a separate sheet of paper and return with this form.
Lodge your Proxy/Voting form
Online
www.investorvote.co.nz
By Mail
Computershare Investor Services Limited
Private Bag 92119, Auckland 1142, New Zealand
For all enquiries contact
+64 9 488 8777
corporateactions@computershare.co.nz
Lodge your proxy online, 24 hours a day, 7 days a week:
www.investorvote.co.nz
Scan the QR code to vote now.
Smartphone?
For your proxy to be effective it must be received by 10.30am Monday, 15th August 2022.
COVID-19
The Company will be monitoring any meeting or gathering restrictions in Auckland as a result of the current COVID-19 pandemic. In the
event of any significant developments, the Company may, in its sole discretion, elect to hold this Annual Meeting as an online only
meeting if it considers there are potential risks to the health of meeting attendees or if an in-person meeting is prohibited by law. I n
such circumstances, the Company will provide shareholders with as much notice as is reasonably practicable by way
of an announcement to the NZX and on the Company’s website.

Proxy/Voting Form
Appoint a Proxy to Vote on Your Behalf
STEP 1
hereby appointof
or failing him/herof
as my/our proxy to vote on my/our behalf in accordance with the instructions below and otherwise as he/she sees fit at the Annual Meeting of Turners Automotive Group
Limited to be held in the Toroa Room, PwC Tower, Level 2, 15 Custom Street West, Auckland, New Zealand on Wednesday 17 August 2022 commencing at
10.30am. and at any adjournment thereof and to vote on any resolution to amend any of the resolutions, on any resolution so amended and on any other resolution
proposed at the meeting (or any adjournment).
I/We being a securityholder/s of Turners Automotive Group Limited
Items of Business - Voting Instructions/Ballot Paper (if a Poll is called)
STEP 2
Please note: If you mark the Abstain box for an item, you are directing your proxy not to vote on your behalf on a show of hands or a poll and your
votes will not be counted in computing the required majority. Please note that if the shares are held jointly, the appointment made is made on
behalf of each joint holder
Signature of Securityholder(s) This section must be completed.
SIGN
or Sole Director/Director
Securityholder 1Securityholder 2Securityholder 3
Contact Name Contact Daytime Telephone Date
Ordinary Resolutions
1.
That Baker Tilly Staples Rodway be reappointed as auditors of the Company and that the Directors be
authorised to fix the auditor’s remuneration.
2.
That Grant Baker, who retires by rotation and has offered himself for re-election, be re-elected as a
Director of the Company.
3.
That Alistair Petrie, who retires by rotation and has offered himself for re-election, be re-elected as a
Director of the Company.
For
Against
Abstain
Proxy
Discretion
or Director (if more than one)
ATTENDANCE SLIP
Annual Meeting of Turners Automotive Group
Limited to be held in the Toroa Room, PwC Tower, Level
2, 15 Custom Street West, Auckland, New Zealand on
Wednesday 17 August 2022 commencing at 10.30am.