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Final Dividend – 2022 Financial Year

Dividend1 May 2023SCLIndustrials

1 May 2023


SCALES CORPORATION DECLARES FY2022 FINAL DIVIDEND


The Directors of Scales Corporation Limited (NZX:SCL) have declared a fully imputed final cash

dividend for the 2022 Financial Year of 9.5 cents per share.

Taking into account the 9.5 cents per share in FY2022 interim dividends, paid in January 2023 (6.0

cents per share) and March 2023 (3.5 cents per share), total cash dividends for the 2022 Financial

Year total 19.0 cents per share, which represents 98% of Underlying Net Profit Attributable to

Shareholders.

The dividend is payable on 7 July 2023, with a record date of 29 June 2023.


Annual Shareholders’ Meeting

The Annual Meeting is scheduled for 3.30pm, Wednesday 7 June 2023. The meeting will be held in

Christchurch, with shareholders also able to attend virtually. The Notice of Meeting will be distributed

shortly.

The meeting will provide an excellent opportunity to update shareholders on trading to date for each

business unit, including confirmation of the gross apple harvest and estimated packout percentage for

Mr Apple, as provided historically.


Contact:

Steve Kennelly

Chief Financial Officer

Scales Corporation Limited

+64 3 371 2263 / +64 274 317587



About Scales Corporation

Scales Corporation is a diversified agribusiness portfolio. It comprises three operating divisions:

Global Proteins, Horticulture and Logistics. The company’s diverse spread of activities gives Scales

broad exposure to the agribusiness sector. Scales Corporation was founded in 1897 as a shipping

business by George Herbert Scales. Today it has operations across New Zealand, Australia and the

United States. Find out more at www.scalescorporation.co.nz.

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Distribution Notice



Section 1: Issuer information

Name of issuer SCALES CORPORATION LIMITED

Financial product name/description ORDINARY SHARES

NZX ticker code SCL

ISIN (If unknown, check on NZX

website)

NZSCLE0002S8

Type of distribution

(Please mark with an X in the

relevant box/es)

Full Year X Quarterly

Half Year Special

DRP applies

Record date 29/06/2023

Ex-Date (one business day before the

Record Date)

28/06/2023

Payment date 07/07/2023

Total monies associated with the

distribution

$13,594,118.20

Source of distribution (for example,

retained earnings)

RETAINED EARNINGS

Currency NZD

Section 2: Distribution amounts per financial product

Gross distribution $0.13194444

Total cash distribution $0.09500000

Excluded amount (applicable to listed

PIEs)

$0.00000000

Supplementary distribution amount $0.01676471

Section 3: Imputation credits and Resident Withholding Tax

Is the distribution imputed Fully imputed

If fully or partially imputed, please state

imputation rate as % applied

100%

Imputation tax credits per financial

product

$0.03694444

Resident Withholding Tax per financial

product

$0.00659722

Section 5: Authority for this announcement

Name of person authorised to make

this announcement

STEVE KENNELLY

Contact person for this announcement STEVE KENNELLY

Contact phone number 03 371-2263

Contact email address steve.kennelly@scalescorporation.co.nz

Date of release through MAP 01/05/2023

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.