South Port NZ Ltd – Results of 2023 Annual Meeting

Annual Meeting
Results Announcement


31 October 2023


Results of South Port New Zealand Limited Annual Shareholders’ Meeting

At South Port New Zealand Limited’s shareholder meeting, held in Bluff on Tuesday, 31 October
2023, shareholders were asked to vote on four resolutions, which were supported by the Board.

The Directors’ Report, the Financial Statements and the Auditor’s Report for the year ended
30 June 2023 were received.

As required by NZX Listing Rule 6.1, all voting was conducted by a poll.

The resolutions passed by shareholders were:

1. That Mr Philip Cory-Wright be re-elected as a Director of the Company.
2. That Ms Cassandra Crowley be elected as a Director of the Company.
3. That the Directors be authorised to fix the fees and expenses of Deloitte Limited who acts as
Agent for the Controller and Auditor General.
4. That the maximum aggregate sum available for payment to non-Executive Directors for
each financial year commencing 1 July be increased from $400,000 to $532,000, an
increase of $132,000 such sum to be divided between the non-Executive Directors as they
determine.

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

Resolution For Against Abstain
1. That Mr Philip Cory-Wright be re-elected as a
Director of the Company
20,137,204
77%
4,036
0.02%
4,072

2. That Ms Cassandra Crowley be elected as a
Director of the Company
20,126,489
77%
17,625
0.07%
1,198

3. That the Directors be authorised to fix the fees
and expenses of Deloitte Limited who acts as
Agent for the Controller and Auditor General
20,139,053
77%
4,086
0.02%
2,173

4. That the maximum aggregate sum available for
payment to non-Executive Directors for each
financial year commencing 1 July be increased
from $400,000 to $532,000, an increase of
$132,000, such sum to be divided between the
non-Executive Directors as they determine
18,673,744
71%
78,701
0.30%
8,307

Pursuant to NZX Listing Rule 2.6.2, the Board has determined that the following Director is an
Independent Director:

• Cassandra Crowley

P a g e | 2


Authority for this announcement
Name of person authorised to make this
announcement
Lara Stevens
Contact person for this announcement Lara Stevens
Contact phone number (03) 212 6004
Contact email address lstevens@southport.co.nz
Date of release through MAP 31/10/2023