2023 Results of Meeting

Page 1 of 2
23 August 2023
Results of Turners Automotive Group Limited’s Annual Meeting

At Turners Automotive Group’s shareholder meeting held on Wednesday 23 August 2023,
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 Baker Tilley Staples Rodway be reappointed as auditors;
 Re-elect John Robert as a Director of the Company;
 Re-elect Matthew Harrison as a Director of the Company;
 Re-elect Lauren Quaintance as a Director of the Company,
 Increase the pool for Directors’ fees by $255,000 to $920,000 with effect from 1 April 2023;
and
 To alter the Constitution of the Company by deleting clause 4 of Schedule 2 and substituting
the following:
4 Proxy form must be sent or made available with notice
A proxy form must be sent or made available with each notice of meeting.

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

Resolution For Against Abstain*
That Baker Tilly Staples Rodway be
reappointed as auditor of the Company and
that the Directors be authorised to fix the
auditor’s remuneration.
42,340,622 97,842 37,377
That John Roberts, who retires by rotation and
has offered himself for re-election, be re-
elected as a Director of the Company.
42,421,548 23,589 30,704
That Matthew Harrison, who retires by rotation
and has offered himself for re-election, be re-
elected as a Director of the Company.
42,434,239 9,439 32,163
That Lauren Quaintance, who was appointed
by the Board since the Company’s last annual
meeting and retires pursuant to NZX Main
Board Listing Rule 2.7.1 and, being eligible,
has offered herself for election, be elected as a
Director of the Company.
42,370,040 12,451 93,350
That the pool for Directors’ fees be increased
by $255,000 from $665,000 to $920,000 per
financial year, with effect for the financial year
commencing 1 April 2023.
16,305,382 3,415,604 22,754,855
To alter the Constitution of the Company by
deleting clause 4 of Schedule 2 and
substituting the following:
4 Proxy form must be sent or made available
with notice
A proxy form must be sent or made available
with each notice of meeting
A proxy form must be sent or made available
with each notice of meeting.
41,797,058 415,475 263,308
*Votes cast by a person who abstains on an item are note counted in calculating the required majority on a poll.

Page 2 of 2
Authority for this announcement
Name of person authorised to make this
announcement
Barbara Badish
Contact person for this announcement Todd Hunter
Contact phone number 021 722 818
Contact email address Todd.Hunter@turners.co.nz
Date of release through MAP 23/08/23