Results of Annual Shareholder Meeting

Level 5, 136 Fanshawe Street
Auckland 1142, New Zealand
ARBN 645 941 028
Incorporated in New Zealand

11 February 2025

RESULTS OF ANNUAL SHAREHOLDER MEETING

At Tower Limited’s Annual Shareholder Meeting, held at Eden Park and online on 11 February 2025, shareholders
were asked to vote on three resolutions, which were supported by the Board. As required by NZX Listing Rule 6.1,
all voting was conducted by a poll. The three resolutions, which were passed by shareholders, were:

1. That the Board be authorised to determine the auditor’s fees and expenses for the 2025 financial year.
2. That Marcus Nagel, who retires by rotation in accordance with NZX Listing Rule 2.7.1 be re-elected as a
Director of Tower.
3. That the scheme of arrangement relating to the return of capital shareholders, as set out in the
Arrangement Document annexed to the Notice of meeting dated 10 January 2025 be approved.

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

Resolution For Against Abstain Total
That the Board be authorised to
determine the auditor’s fees and
expenses for the 2025 financial
year.

252,784,783
99.57%
1,100,498
0.43%
19,115,075 253,885,281
That Marcus Nagel, who retires
by rotation in accordance with
NZX Listing Rule 2.7.1 be re-
elected as a Director of Tower.

221,808,248
87.31%
32,251,508
12.69%
19,040,600 254,059,756
That the scheme of arrangement
relating to the return of capital
shareholders, as set out in the
Arrangement Document
annexed to the Notice of
Meeting dated 10 January 2025
be approved.

270,527,664
99.25%
2,039,322
0.75%
532,652 272,566,986

ENDS


This announcement has been authorised by Michael Stiassny, Chair.

For media enquiries, please contact in the first
instance:
Emily Davies
Head of Corporate Affairs and Reputation
+64 21 815 149
emily.davies@tower.co.nz

For investor queries, please contact in the first
instance:
James Silcock
Head of Strategy, Planning and Investor Relations
+64 22 395 9327
james.silcock@tower.co.nz