Turners Annual Meeting

TURNERS AUTOMOTIVE GROUP LIMITED
NOTICE OF ANNUAL MEETING
Notice is given that the 2025 annual meeting of shareholders of Turners Automotive Group Limited
(Turners or the Company) will be held in the Toroa Room, PwC Tower, Commercial Bay, Level 2,
15 Customs Street West, Auckland, New Zealand on Thursday 21 August 2025 commencing at 10.30am.
AGENDA
Chairman and Chief Executive Officer Presentations
Shareholder Discussion
ORDINARY RESOLUTIONS
To consider and, if thought fit, pass the following ordinary resolutions:
Auditors
Resolution 1
That Baker Tilly Staples Rodway be reappointed as auditor of the Company and that the Directors be
authorised to fix the auditor’s remuneration.
Directors
Resolution 2
That Grant Baker, who retires by rotation pursuant to NZX Main Board Listing Rule 2.7.1 and has offered
himself for re-election, be re-elected as a Director of the Company.
Resolution 3
That Todd Hunter, 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 himself for election, be
elected as a Director of the Company.
EXPLANATORY NOTES
Explanatory notes regarding each of these resolutions are attached to this notice of meeting.
Notes on Voting
1 The resolutions will be voted on by shareholders of the Company as ordinary resolutions.
2 An ordinary resolution is a resolution passed by a simple majority of the votes cast of the shareholders
entitled to vote and voting.
3 The only persons entitled to vote at the annual meeting are registered shareholders as at 5:00 pm on
Tuesday 19 August 2025 and only the ordinary shares registered in those shareholders’ names may be
voted at the annual meeting.
4 Any shareholder who is entitled to vote at the annual meeting may appoint a proxy to attend and vote
on their behalf. A shareholder wishing to appoint a proxy should complete the enclosed Voting/Proxy
form and send it to Computershare Investor Services Limited, Private Bag 92119, Auckland 1142, New
Zealand, or lodge online using Computershare’s investorvote facility (www.investorvote.co.nz) to ensure
that it is received at least 48 hours before the time for holding the meeting.
5 A proxy does not have to be a shareholder in the Company. A shareholder may appoint any person to
act as a proxy. The Chairman or any of the other Directors is prepared to act as a discretionary proxy for
any shareholder. If, in appointing a proxy, you have inadvertently not named someone to be your proxy
(either online or on the enclosed proxy form), or your named proxy does not attend the meeting, the

Chairman of the meeting will be your proxy and will vote in accordance with your express direction. If
appointed as a discretionary proxy, each Director intends to vote in favour of all resolutions.
6 To direct your proxy how to vote on each resolution, you should tick the appropriate box on the enclosed
proxy form. Except as set out in the proxy form, if you appoint a proxy, but do not tick one of the boxes
in relation to a resolution, you will be deemed to have granted your proxy the discretion to cast your
votes as he or she decides.
7 Any corporation that is a shareholder may appoint a person as its representative to attend the annual
meeting and vote on its behalf, in the same manner as that in which it could appoint a proxy. A
corporation wishing to appoint a person must ensure that the representative brings an original of the
notice appointing him or her to the meeting. To assist administration, the Company would be grateful if
notices appointing representatives are delivered to Computershare Investor Services Limited, Private
Bag 92119, Auckland 1142, New Zealand, at least 48 hours before the time of the meeting. If the notice
of appointment is not delivered to the Company’s Share Registrar prior to the meeting, the
representative must bring to the meeting an original copy of the notice of appointment signed by the
relevant Company or body corporate.
For and on behalf of the Board

Barbara Badish
Company Secretary
18 July 2025

EXPLANATORY NOTES TO NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
AUDITORS
Resolution 1
Baker Tilley Staples Rodway is automatically reappointed as auditor of the Company under section 207T of
the Companies Act 1993. The proposed resolution seeks shareholder confirmation of this and empowers the
Directors to set the remuneration of the auditors.
DIRECTORS
Under rule 2.7.1 of the NZX Listing Rules (the Listing Rules), a director must not hold office past the third
annual meeting following appointment or three years, whichever is longer, without being re-elected by
shareholders. Accordingly, Grant Baker retires by rotation and being eligible, offers himself for re-election.
The Board unanimously supports his re-election.
In addition, under Listing Rule 2.7.1 any person who is appointed as an additional director by the Board
during the year must retire at the next annual meeting, but is eligible for election. In this case, Todd Hunter
was appointed as an additional director by the Board in May 2025 and retires from office at the meeting.
Todd offers himself for election. The Board unanimously supports his election.
Resolution 2
Grant Baker retires by rotation pursuant to the Listing Rules, and being eligible, has offered himself for re-
election as a director.
Grant Baker has wide experience at a senior level in both public and private New Zealand companies. He has
been involved in a number of successful ventures, including 42 Below Vodka and Trilogy International. He is
chairman on NZX listed Me Today Limited, director of Liam Lawson Management Limited, and was chairman
of 42 Below Vodka and Trilogy International.
With a 6.66% associated shareholding, Grant is a long term committed investor in Turners Automotive
Group and has been Chairman of Turners Automotive Group since September 2009. As an avid collector of
specialist vehicles and a motor racing enthusiast, both as a competitor and as a backer of young up and
coming drivers. He is currently chairman of the Liam Lawson Supporters Partnership and is passionate about
the strong Turners brand and its focus on cars.
In terms of the Listing Rules and the factors in the NZX Corporate Governance Code, the Board considers
that Grant Baker is a non-executive Director but is not independent since he has a substantial shareholding
in the company.
Resolution 3
Todd Hunter was appointed as a director by the Board in the period following the last annual meeting.
Accordingly, he retires under the constitution of the Company and Listing Rule 2.7.1 and, being eligible,
offers himself for election.
Todd is a strong and experienced senior executive, with a background in marketing, sales and accounting in
both large global and domestic businesses. Before joining Turners Auctions in 2006 Todd worked for
Microsoft NZ and Ernst and Young. He was appointed CEO of NZX listed Turners Auctions in 2013 and took
on the CEO role for the wider Turners Automotive Group in 2016. In 2023 Todd was appointed to the Chair
role for the Financial Services Federation, which represents the non-bank lending industry in NZ. Todd is a
chartered accountant and holds a Bachelor and Diploma of Commerce from Auckland University.
In terms of the Listing Rules and the factors in the NZX Corporate Governance Code, Todd Hunter is an
Executive Director and therefore does not qualify as an independent director.

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Your secure access information
Control Number: CSN/Securityholder Number:
PLEASE NOTE: You will need your CSN/Securityholder Number and postcode or country of residence (if outside New Zealand) to
securely access InvestorVote and then follow the prompts to appoint your proxy and exercise your vote online.
Turn over to complete the form to vote
Proxy/Voting Form
How to Vote on Items of Business
All your securities will be voted in accordance with your directions.
Appointment of Proxy
If you do not plan to attend the meeting, you may appoint a proxy. The
Chairman or any of the other Directors is prepared to act as a discretionary
proxy for any shareholder. If, in appointing a proxy, you have inadvertently not
named someone to be your proxy (either online or on the enclosed proxy form),
or your named proxy does not attend the meeting, the Chairman of the meeting
will be your proxy and will vote in accordance with your express direction. If
appointed as a discretionary proxy, each director intends to vote in favour of all
resolutions. To do this, enter the name of your proxy in the space allocated in
‘Step 1’of this form. A proxy need not be a shareholder of the company.
Voting of your holding
To direct your proxy how to vote on each resolution, you should tick the
appropriate box on the proxy form. If you appoint a proxy, but do not tick one of
the boxes in relation to those resolutions, you will be deemed to have granted
your proxy the discretion to cast your votes as he or she decides.
Attending the Meeting
Bring this form to assist registration. Companies or body corporates that wish
to attend through a representative must ensure that the representative brings
a copy of the notice appointing him or her to the meeting. Notices appointing
representatives must be provided to Computershare at least 48 hours before the
time of the meeting.
Signing Instructions for Postal Forms
Individual
Where the holding is in one name, the securityholder must sign.
Joint Holding
Where the holding is in more than one name, all of the securityholders 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.
Lodge your Proxy/Voting form
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
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For your proxy to be effective it must be received by 10:30am (New Zealand Time) on Tuesday, 19 August 2025.

Proxy/Voting Form
Appoint a Proxy to Vote on Your Behalf
STEP 1
hereby appointof
or failing him/herof
as my/our proxy to vote on my/our behalf in accordance with the instructions below and otherwise as he/she sees fit at the Annual Meeting of Turners Automotive Group
Limited to be held in the Toroa Room, PwC Tower, Commercial Bay, Level 2, 15 Customs Street West, Auckland, New Zealand on Thursday, 21 August 2025
commencing at 10:30am (New Zealand Time) and at any adjournment thereof and to vote on any resolution to amend any of the resolutions, on any resolution so
amended and on any other resolution proposed at the meeting (or any adjournment).
I/We being a securityholder/s of Turners Automotive Group Limited
Items of Business - Voting Instructions/Ballot Paper (if a Poll is called)
STEP 2
Please note: If you mark the Abstain box for an item, you are directing your proxy not to vote on your behalf on a show of hands or a poll and your
votes will not be counted in computing the required majority. Please note that if the shares are held jointly, the appointment made is made on
behalf of each joint holder
Signature of Securityholder(s) This section must be completed.
SIGN
or Sole Director/Director
Securityholder 1Securityholder 2Securityholder 3
Contact Name Contact Daytime Telephone Date
Ordinary Resolutions
For
Against
Abstain
Proxy
Discretion
or Director (if more than one)
ATTENDANCE SLIP
Annual Meeting of Turners Automotive Group Limited to be
held in the Toroa Room, PwC Tower, Commercial Bay, Level 2,
15 Customs Street West, Auckland, New Zealand on Thursday,
21 August 2025 commencing at 10:30am (New Zealand Time).
1.
That Baker Tilly Staples Rodway be reappointed as auditor of the Company and that the
Directors be authorised to fix the auditor’s remuneration.
2.
That Grant Baker, who retires by rotation pursuant to NZX Main Board Listing Rule 2.7.1 and
has offered himself for re-election, be re-elected as a Director of the Company.
3.
That Todd Hunter, 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
himself for election, be elected as a Director of the Company.