Results of the 2022 Annual Meeting

creating a new energy future


Results of annual shareholders’ meeting

At Vector Limited’s shareholder meeting, held in Auckland and virtually on 29 September
2022, shareholders were asked to vote on eight 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:

• Election and re-election of directors

Paul Hutchison was elected as a director of the Company.

Jonathan Mason was re-elected as a Director of the Company for a further one year
term.

Paula Rebstock was re-elected as a Director of the Company.

Alastair Bell was re-elected as a Director of the Company.

Doug McKay was elected as a Director of the Company with effect from 1 October
2022. The Board has determined that Doug McKay will be an independent director.

• Auditor reappointment

The meeting recorded the automatic reappointment of KPMG as the Company’s
auditor, and authorised the directors to fix the auditors remuneration for the ensuing
year.

• Amendment of Constitution

The meeting resolved as a special resolution to amend Vector’s constitution in the
form and manner described in the Notice of Meeting.

• Director Remuneration
The meeting resolved that directors’ fees be set as a total annual fee pool, and
increase over two financial years by $281,820 from $805,200 to $1,087,020 (plus
GST, if any), with the first annual fee pool to apply to the 2023 financial year, and to
be divided among the directors as the board determines, as more particularly
described in the Notice of Meeting.

market release
30 September 2022

creating a new energy future

market release
30 September 2022

Detail of the total number of votes cast in person or by a proxy holder are:

Resolution For Against Abstain
To elect Paul Hutchison as a
Director of the Company.
808,656,859
98.76%
10,191,419
1.24%
116,306
To re-elect Jonathan Mason as a
Director of the Company for a further
one year term ending on the date of
the 2023 annual meeting of the
Company.
812,327,374
99.20%
6,554,438
0.80%
82,772
To re-elect Paula Rebstock as a
Director of the Company.
815,086,055
99.53%
3,813,386
0.47%
65,143
To re-elect Alastair Bell as a Director
of the Company.
803,728,938
98.15%
15,125,060
1.85%
110,586
To elect Doug McKay as a Director
of the Company with effect on and
from 1 October 2022.
818,629,593
99.97%
206,503
0.03%
128,488
To record the automatic
reappointment of the Auditor,
KPMG, and to authorise the
directors to fix the remuneration of
the Auditor for the ensuring year.
818,522,624
99.96%
367,515
0.04%
33,759
To alter Vector’s constitution in the
form and manner described in the
Notice of Meeting, with effect from
the close of the Annual Meeting.
781,056,776
95.71%
35,000,455
4.29%
2,866,667
That directors’ fees be set as a total
annual fee pool, and increase over
two financial years by $281,820 from
$805,200 to $1,087,020 (plus GST,
if any), with the first annual fee pool
to apply to the 2023 financial year,
and to be divided among the
directors as the Board determines,
816,831,431
99.83%
1,430,805
0.17%
661,662

creating a new energy future

market release
30 September 2022
as more particularly described in the
Notice of Meeting.

Authority for this announcement
Name of person authorised to make this
announcement
John Rodger
Contact person for this announcement Investor contact
Jason Hollingworth, Chief Financial Officer, Vector
Media contact
Matthew Britton, Senior Communications Partner,
Vector
Contact phone number Jason Hollingworth, +64 21 312 928
Matthew Britton +64 021 224 2966
Contact email address Jason.hollingworth@vector.co.nz
Matthew.britton@vector.co.nz
Date of release through MAP 30/09/2022


ENDS


About Vector
Vector is an innovative New Zealand energy company which runs a portfolio of businesses
delivering energy and communication services to more than one million homes and
commercial customers across Australasia, and the Pacific. Vector is leading the country in
creating a new energy future through its Symphony strategy which puts customers at the
heart of the energy system. Vector is listed on the New Zealand Stock Exchange with ticker
symbol VCT. Our majority shareholder, with voting rights of 75.1%, is Entrust. For further
information, visit www.vector.co.nz