Notice of Annual Shareholders Meeting

Notice of Annual Meeting
of Shareholders 2025

Dear Shareholders,
We invite you to join us for the Annual Meeting of Shareholders of
New Zealand King Salmon Investments Limited (“NZKS”).

In person: Online:
Rutherford Hotel, 27 Nile Street West https://vimeo.com/event/5040710

Nelson 7010, New Zealand Password: KingSalmon25
Wednesday 11 June 2025, 2:00pm NZT

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Please let us know if you plan to attend the meeting in person by emailing

If attending in person, please bring your CSN or Proxy/ Voting Form with you


ASM 2025
Voting
If you do not plan to participate in the meeting, I encourage you to vote by casting
your vote online in advance of the meeting, completing and returning the Proxy/
Voting form in advance of the meeting or appointing a proxy to vote on your behalf at
the meeting. There will be no option to vote online during the meeting this year.

Please note that advanced online votes, postal votes and proxy nominations must
reach Computershare by 2:00pm NZT on Monday 9 June 2025, two days ahead of
the meeting.
Please refer to the notes at the end of this Notice of Meeting for further information
on voting.


Questions Ahead of the Meeting
To assist the Board in providing answers to questions from Shareholders, NZKS is
offering the option for Shareholders to submit questions in advance of the meeting.
Questions should relate to matters that are relevant to the meeting, including
matters arising from the financial reports and any general questions regarding the
performance of NZKS.
Individual responses to questions received in advance will not be provided, but at the
meeting the Chair will endeavour to address commonly raised questions. Please email
your questions to investor@kingsalmon.co.nz.






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Ordinary Resolutions
1. That the Board is authorised to fix the
auditor’s remuneration for the financial
year ending 31 January 2026.

2. Having retired in accordance with NZX
Listing Rule 2.7.1,
that Chiong Yong Tiong
be elected as a Director.

3. Having retired in accordance with NZX Listing
Rule 2.7.1,
that Carol Chen be elected as a
Director.
4.
Having retired in accordance with NZX Listing
Rule 2.7.1,
that Victoria Taylor be elected as
a Director.
Further information relating to the Resolutions is set
out in the Explanatory Notes accompanying this Notice
of Meeting. Please read and consider these Resolutions
together with the Explanatory Notes.

By order of the Board.

Mark Dewdney
Chair

12 May 2025
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Items of Business

1. Chair’s Address
2. CEO’s Address
3. Ordinary Resolutions
4. General Business

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These notes form part of the
Notice of Annual Meeting


Explanatory Notes
An ordinary resolution is a resolution approved by
a majority of more than 50% of votes of those
Shareholders entitled to vote and voting on the
resolution.

Ordinary Resolution 1

Remuneration of Auditor
Section 207T of the Companies Act 1993 provides
that a company’s auditor is automatically
reappointed unless there is a resolution or other
reason for the auditor not to be reappointed. NZKS
wishes PricewaterhouseCoopers to continue as
NZKS’ auditor, and PricewaterhouseCoopers has
indicated its willingness to do so.
Under section 207S of the Companies Act 1993, the
auditor’s fees and expenses must be fixed in the
manner that is determined at the Annual Meeting.
Shareholder approval is therefore sought for the
Directors to fix the auditor’s remuneration for the
financial year ended 31 January 2026.


The Board unanimously recommends that
Shareholders vote in favour of Resolution 1.
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Ordinary Resolutions 2 , 3 and 4

Election of Directors
Chiong Yong Tiong, Carol Chen and Victoria Taylor were appointed as Directors of NZKS by the Board on 19 June
2019, 3 November 2021 and 22 February 2022 (respectively). Under NZX Listing Rule 2.7.1, which prohibits a
Director from holding office (without re-election) for longer than 3 years or past the third annual meeting
following the Director’s appointment, whichever is longer, Chiong Yong Tiong, Carol Chen and Victoria Taylor
must retire from office at the 2025 Annual Meeting. Being eligible, they offer themselves for election.
After considering the factors outlined in the NZX Corporate Governance Code that may impact Director
independence, the Board considers that Chiong Yong Tiong and Carol Chen will be Non-Executive Non-
Independent Directors and Victoria Taylor will be an Independent Non-Executive Director.
The Board unanimously supports the election of Chiong Yong Tiong, Carol Chen and Victoria Taylor and
recommends that Shareholders vote in favour of Resolutions 2, 3 and 4.

Chiong Yong Tiong
Non-Executive Non-Independent Director
Chiong Yong Tiong became a Director of NZKS in June 2019. Mr Tiong brings extensive experience in timber
industries and property development companies. He is Managing Director of Timbergrow Limited and Maraetai
Land Development Limited.
Mr Tiong is also a Director of property development company Neil Corporation Limited
and the Executive Director of Oregon Group Limited. He also holds a Masters in Finance and Economics from Monash
University (Melbourne).

Carol Chen
Non-Executive Non-Independent Director
Carol Chen became a Director of NZKS in November 2021. She is the Deputy General Manager of Corporate
Strategy and Development at China Resources Enterprise (CRE) with responsibility for mergers and acquisitions
initiation and execution. Since joining CRE in 2009 she has participated in various key transactions including the
acquisition of Kingway Brewery, joint venture formation for the beverage business and the retail business with
Tesco, the privatisation of non-beer businesses, the share buyback of China Resources Snow, as well as minority
investments overseas. Carol joined China Resources Group in 2000. Carol holds a bachelor’s degree of Business
Administration from the RMIT University, Australia.

Victoria Taylor
Non-Executive Independent Director

Victoria Taylor became a Director of NZKS in February 2022. Having previously held executive positions at Coca-
Cola, Griffin’s Foods and Goodman Fielder, she has a wealth of experience in consumer branded food and
beverage manufacturing organisations. Victoria was also a founder, shareholder and COO of a successful food
manufacturing business. She is currently Chair of a privately owned manufacturing entity.
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Voting
Voting on all Resolutions put before the meeting shall
be by way of poll. Shareholders are encouraged to cast
a postal or online vote or appoint a proxy to exercise
their vote on their behalf if they cannot attend the
meeting.
You may cast your vote in one of the ways described
below. You may abstain from voting on one or more of
the Resolutions.
1. Attending and Voting in Person

2. Online
Online voting instructions are included in the Proxy/
Voting Form which accompanies this Notice of Annual
Meeting. Online votes must be cast by 2:00pm NZT on
Monday 9 June 2025.
3. Casting a Postal Vote
The Board has determined that postal voting is
permitted. Postal voting instructions are included in
the Proxy/ Voting Form which accompanies this Notice
of Annual Meeting. To cast a postal vote you must
complete and return the Proxy/ Voting Form by post so
that your vote is received by the share registrar no later
than 2:00pm NZT on Monday, 9 June 2025.
The Chief Financial Officer, Ben Rodgers, has been
authorised by the Board to receive and count postal
votes at the meeting.





4. Appointing a Proxy (or Representative)
A proxy need not be a shareholder of NZKS.
Instructions for appointing a proxy are included in the
Proxy/ Voting Form which accompanies this Notice
of Annual Meeting. You can appoint a proxy online or
by completing and returning the Proxy/ Voting Form.
Online proxy appointments must be completed by
2:00pm NZT on Monday 9 June 2025 or your Proxy/
Voting Form must be returned by post so that it is
received by the share registrar no later than 2:00pm
NZT on Monday 9 June 2025. You may appoint the
Chair of the meeting as your proxy. The Chair of the
meeting intends to vote any discretionary proxies in
favour of the Resolutions. If your named proxy does
not attend the meeting or you have ticked the proxy
discretion box but not named a proxy, you will be
deemed to have appointed the Chair of the meeting
as your proxy to vote in accordance with your
express directions.


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Any Shareholder whose name is recorded in the
NZKS share register at 5:00pm NZT on Monday 9
June 2025 is entitled to attend the Annual
Meeting and vote (subject to the time limits for
returning Proxy/ Voting Forms).

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Turn over to complete the form to vote
Signing Instructions for Postal Forms
Individual
Where the holding is in one name, the shareholder must sign.
Joint Holding
Where the holding is in more than one name, all of the shareholders should
sign.
Power of Attorney
If this Proxy Form has been signed under a power of attorney, a copy of the
power of attorney (unless already deposited with the Company) and a signed
certificate of non-revocation of the power of attorney must be produced to the
Company with this Proxy Form.
Companies
This form should be signed by a Director jointly with another Director, or a
Sole Director can also sign alone. Please sign in the appropriate place and
indicate the office held.
Comments & Questions
If you have any comments or questions for the company, please write them on
a separate sheet of paper and return with this form.
Attendance and voting
Voting on all resolutions put before the meeting shall be by way of poll.
Shareholders are encouraged to cast a postal or online vote or appoint a proxy
to exercise their vote on their behalf if they cannot attend the meeting.
You may cast your vote in one of the three ways described below. You may
abstain from voting on one or more of the resolutions.
(a) Online
Lodge your postal vote or proxy online at www.investorvote.co.nz
(b) Casting a postal vote
You may cast a postal vote on one or more of the resolutions by completing the
FOR, AGAINST or ABSTAIN boxes in ‘Step 1’ overleaf, signing this voting form
and returning it to the share registrar.
(c) Appointing a proxy
You may appoint a proxy to attend the meeting and either direct the proxy as to
how to vote or give the proxy discretion as to how to vote on the resolutions by
completing the FOR, AGAINST, ABSTAIN or PROXY DISCRETION box on ‘Step 1’
overleaf, completing the appointment of proxy details in ‘Step 2’ overleaf,
signing this Voting Form and returning it to the share registrar. The proxy need
not be a shareholder of the Company. You may appoint the Chair of the meeting
as your proxy. The Chair of the meeting intends to vote any discretionary
proxies in favour of the resolutions. If your named proxy does not attend the
meeting or you have ticked the proxy discretion box but not named a proxy, you
will be deemed to have appointed the Chair of the meeting as your proxy to vote in
accordance with your express directions.
Your secure access information
Control Number: CSN/Shareholder Number:
PLEASE NOTE: You will need your CSN/Shareholder Number and postcode or country of residence (if outside New Zealand)
to securely access InvestorVote and then follow the prompts to lodge your vote or appoint your proxy online.
Proxy/Voting Form
Lodge your vote or appoint your proxy online, 24 hours a day, 7 days a week:
www.investorvote.co.nz
Scan the QR code to vote now.
Smartphone?
For your proxy or vote to be effective it must be received by 2:00pm (New Zealand time) on Monday, 9 June 2025.
Lodge your postal vote or proxy
Online
www.investorvote.co.nz
By Mail
Computershare Investor Services Limited
Private Bag 92119 Auckland 1142 New Zealand
For all enquiries contact
+64 9 488 8777
corporateactions@computershare.co.nz

Signature of Shareholder(s) This section must be completed.
SIGN
or Sole Director/Directoror Director (if more than one)
ShareholderShareholder 2Shareholder 3
Contact Name Contact Daytime Telephone Date
Appointment of Proxy
STEP 2
If you mark any of the PROXY DISCRETION boxes above you must appoint a proxy. This may be the chair or any director if you so wish.
Please note: If you do not plan to attend the meeting, you may cast a postal vote or appoint a proxy to vote at the meeting.
Proxy
Discretion
For
Against
Abstain
Voting Instructions/Voting Paper
STEP 1
hereby appointof
or failing him/herof
I/We being a shareholder/s of New Zealand King Salmon Investments Limited
as my/our proxy to act generally at the meeting on my/our behalf and to vote in accordance with the following directions at the Annual Meeting of New Zealand King
Salmon Investments Limited to be held at the Rutherford Hotel, 27 Nile Street West, Nelson 7010, New Zealand at 2:00pm on Wednesday, 11 June 2025 and at any
adjournment of that meeting.
Ordinary Resolutions
Item 1
That the Board is authorised to fix the auditor’s remuneration for the financial year ending 31 January 2026.
Item 2 Having retired in accordance with NZX Listing Rule 2.7.1, that Chiong Yong Tiong be elected as a Director.
Item 3
Having retired in accordance with NZX Listing Rule 2.7.1, that Carol Chen be elected as a Director.
Item 4
Having retired in accordance with NZX Listing Rule 2.7.1, that Victoria Taylor be elected as a Director.
ATTENDANCE SLIP
Annual Meeting of New Zealand King Salmon Investments
Limited to be held at the Rutherford Hotel,
27 Nile Street West, Nelson 7010, New Zealand
at 2:00pm on Wednesday, 11 June 2025.