Rua Bioscience Notice of Annual Shareholder Meeting

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Notice of 2025
Annual Shareholder Meeting

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Notice of Annual Meeting of Shareholders


29
th
September 2025

Dear Shareholder,
The 2025 Annual Meeting of Rua Bioscience Limited (Rua) will be held virtually via Computershare’s
online meeting platform at https://meetnow.global/nz at 3:00pm (NZT) on Tuesday, 28 October 2025.
When participating online, shareholders will require their shareholder number, found on the enclosed
proxy form or on your email, for verification purposes. Details on how to participate online are set
out below under the heading “Online Participation Details”.
Items of Business
1. Company Overview
2. Chair’s Address
3. Chief Executive’s Presentation
4. Annual Results Presentation
5. Shareholder Questions
5.1. To consider any shareholder questions submitted to the Annual Meeting (to the extent these
questions have not already been addressed in the Chair’s Address, the Chief Executive
Officer’s Presentation or the Annual Results Presentation).
For further details, see Explanatory Note 1.
6. Ordinary Resolution 1 – Auditors Remuneration
6.1. To consider and, if thought fit, pass the following Ordinary Resolution, requiring approval by
a simple majority of the votes of shareholders entitled to vote and voting:
6.1.1. That the Board be authorised to fix the auditor’s remuneration.
For further details, see Explanatory Note 2.

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7. Ordinary Resolution 2 - Director Re-election
7.1. To consider and, if thought fit, pass the following Ordinary Resolution, that Teresa Ciprian,
who retires and is eligible for re-election, be re-elected as a Director of Rua.
For further details, see Explanatory Note 3.
8. Ordinary Resolution 3 – Ratification of Prior Issue of Ordinary Shares and Warrants
8.1. To consider and, if thought fit, pass the following Ordinary Resolution, requiring approval by
a simple majority of votes of shareholders entitled to vote and voting:
8.1.1. That, in accordance with NZX Listing Rule 4.5.1(c), the shareholders approve and ratify
for all purposes, the previous issue of:
(a) 16,799,999 fully paid ordinary shares in the Company (the Placement
Shares), issued by way of a private placement under NZX Listing Rule 4.5.1 to
selected wholesale investors at an issue price of $0.03 per share, and
allotted between 7 August 2025 and 11 September 2025; and
(b) 5,926,673 warrants in the Company (the Warrants), each entitling the holder
to subscribe for one fully paid ordinary share in the Company at an exercise
price of $0.015 per share (payable on exercise), issued under NZX Listing
Rule 4.5.1 to certain wholesale investors in connection with debt facility
arrangements, and allotted between 14 May 2025 and 11 September 2025.
For further details, see Explanatory Note 4.
9. Ordinary Resolution 4 – Approval of Issue of New Ordinary Shares
9.1. To consider and, if thought fit, pass the following Ordinary Resolution, requiring approval by
a simple majority of the votes of shareholders entitled to vote and voting:
9.1.1. That the Directors are authorised to issue up to 49,993,744 new ordinary fully paid
shares in the Company (New Shares) on the following terms:
(a) The New Shares may be issued to any person subject to the Company
complying with the requirements of the Financial Markets Conduct Act 2013
and the NZX Listing Rules in relation to any such issue.
(b) The New Shares may be issued through a single placement of up to 49,993,744
New Shares or via separate placements of up to 49,993,744 New Shares in
aggregate.
(c) Each New Share shall be issued at an issue price of not less than $0.03.
(d) The New Shares may be issued at any time during the course of the 12-month
period following the passing of this resolution.
(e) The New Shares, when issued, shall rank pari passu (equally) with all existing
ordinary shares in the Company.
For further details, see Explanatory Note 5.

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10. General Business
10.1. To consider any other business that can be properly brought before the meeting.
Further Information and Explanatory Notes
Further information relating to the resolutions is set out in the Explanatory Notes accompanying this
Notice of Meeting. Please read and consider the resolutions together with the Explanatory Notes.
Online Participation Details
All shareholders will have the opportunity to attend the Annual Meeting online through the
Computershare Meeting Platform using a computer, laptop, tablet or smartphone – simply visit
https://meetnow.global/nz
and follow the prompts under the ‘Rua Bioscience Limited Annual
Meeting’ icon.
Your browser will need to be compatible with the latest version of Chrome, Safari or Edge. If you are
a shareholder, you will also need your CSN/Securityholder Number, which can be found on your proxy
form or email invitation (where applicable).
Shareholders will be able to view the presentations on their selected devices. Audio will stream
through your selected device, so please ensure that the volume control on your headphones or device
is turned up. Instructions on how to participate ‘virtually’ are provided in the Virtual Meeting Guide
available at www.computershare.com/vm-guide-nz
.
Shareholders will be able to vote on the resolutions to be put to shareholders and will have the ability
to ask questions on their selected devices. Shareholders will still be able to appoint a proxy to vote for
them, as they otherwise would, by following the instructions on the proxy form and in this Notice of
Annual Meeting. If you have any questions on, or need assistance with, the online process, please
contact Computershare on +64 9 488 8777 between 8.30am and 5.00pm (New Zealand time) Monday
to Friday
Attendance and Voting
Your rights to vote may be exercised by:
(a) Voting at the virtual meeting and casting your vote via the Computershare Online Meeting
Platform at https://meetnow.global/nz
during the meeting; or
(b) Appointing a proxy (or representative) to attend and vote in your place. The proxy need not
be a shareholder of Rua and the form of appointment of a proxy and voting instructions
accompany this Notice of Meeting. You can appoint a proxy online or complete and send the
Proxy Voting Form (enclosed with this Notice of Meeting) by post, email (as a scanned
attachment) so that it is received by Computershare by no later than 3:00pm Sunday 26
October 2025.

I look forward to seeing you at the Annual Meeting and thank you for your ongoing support.
By order of the Board.


Anna Stove
Chair

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Explanatory Notes

Note 1 – Shareholder Questions
Shareholders may submit written questions to be considered at the Annual Meeting. Written
questions should be sent by email to info@ruabio.com with the reference to “Annual Meeting” in the
subject line or by post to “Annual Meeting”, Rua Bioscience Limited, PO Box 1387, Gisborne 4040. Rua
reserves the right not to address any questions that, in the Board’s opinion, are not reasonable to
address in the context of an annual meeting.
Note 2 - Auditor’s Remuneration
Ordinary Resolution 1
PricewaterhouseCoopers is automatically reappointed as auditor under section 207T of the
Companies Act 1993. 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 of the Company. This resolution
therefore authorises the Board to fix the fees and expenses of PricewaterhouseCoopers as the
Company’s auditor for the current financial year.
Note 3 - Director Re-Election
Ordinary Resolution 2
In accordance with Rua’s constitution and NZX Listing Rule 2.7.1, no Director may hold office (without
re-election) past the third annual meeting following the Director’s appointment or re-election, or for
three years after that time, whichever is longer.
Teresa Ciprian retires at the Annual Meeting and seeks re-election.
To be appointed as a Director, a candidate must be approved by Ordinary Resolution, which means a
simple majority of the votes cast on the resolution for appointment of the candidate must be in favour
of the resolution.
The Board has determined that Teresa Ciprian is an Independent Director.
The Board unanimously recommends that shareholders vote in favour of Resolution 2.
Teresa’s biographical information is set out below:
TERESA CIPRIAN, NON-EXECUTIVE DIRECTOR
Teresa brings extensive governance and senior management experience across listed companies,
state-owned entities, family enterprises and privately held businesses, spanning consumer packaged
goods, agriculture, horticulture, IT, regulatory bodies, and agri-research.
On the boards she serves, Teresa is recognised for her role in elevating business strategy and
consumer marketing as drivers of business transformation, refreshing innovation pipelines, and

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embedding high standards of compliance and governance. She has chaired People & Remuneration
Committees and Audit & Risk Committees. She has also served as a member of Innovation
Committees, contributed to CEO succession, and worked collaboratively with colleagues to sharpen
strategic clarity and prioritise major initiatives. Teresa joined the Rua Bioscience Board in August
2022.
Note 4 – Ratification of Prior Issues of Ordinary Shares and Warrants
Ordinary Resolution 3
Since May 2025, the Company has raised additional capital to support its growth strategy through a
combination of new equity and a debt facility, which provides funding to facilitate the purchase of
stock.
The Directors wish to seek shareholder approval to ratify the previous issue of:
• 16,799,999 fully paid ordinary shares in the Company (the Placement Shares), which were
issued by way of a private placement to selected wholesale investors between 7 August 2025
and 12 September 2025 at an issue price of $0.03 per Share; and
• 5,926,673 warrants in the Company (the Warrants) issued to certain wholesale investors at an
exercise price of $0.015 per share between 14 May 2025 and 11 September 2025 in connection
with the Company's debt facility arrangements.
The Placement Shares, and any new shares issued on exercise of the Warrants will, rank equally with
all other ordinary shares on issue in the Company.
As previously announced on 13 May 2025, each Warrant entitles the holder to subscribe for one fully
paid ordinary share in the Company at an exercise price of $0.015 per share (payable on exercise).
The Warrants vest 12 months after the relevant issue date and, once vested, can be exercised by the
holder up until the maturity date, falling 3 years after the issue date.
As previously disclosed, both Teresa Ciprian and Antony (Tony) Barclay, being non-executive
directors of the Company, were issued Warrants in connection with the debt facilities they have
each provided to the Company. Teresa was issued 301,925 Warrants, and Tony was issued 100,642
Warrants. The Warrants were issued to each of Teresa and Tony on the same terms as other lenders
participating in the debt facility arrangements.
Tony was also issued 400,000 Placement Shares as part of the private placement. The Placement
Shares were issued to Tony on the same terms as other investors participating in the private
placement.
No other Director or Senior Manager (or their Associated Persons, as defined in the NZX Listing
Rules) were issued Placement Shares or Warrants.
Both the Placement Shares and the Warrants were issued to a limited number of selected wholesale
investors under the Company’s 15% placement capacity in accordance with NZX Listing Rule 4.5.1.
Resolution 3 is being proposed in accordance with NZX Listing Rule 4.5.1(c) which allows
shareholders to ratify previous issues of equity securities under NZX Listing Rule 4.5.1. The purpose
of seeking shareholder ratification of this prior issue is to “refresh” the Company’s placement
capacity under Listing Rule 4.5.1. Without ratification, the Company’s ability to raise further equity
capital on a placement basis is reduced until the 12-month rolling limit resets. Ratification ensures

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the Company retains maximum flexibility to raise capital in the future if required, in addition to
capital raising alternatives such as pro rata offers to existing shareholders.
As disclosed in the Company’s 2025 Annual Report, the Company reported a loss before tax of
$3,455,622 and a net operating cash outflow of $2,787,439 for the year ended 30 June 2025. These
results highlight the importance of maintaining flexibility to access capital when required to fund
operations and growth initiatives.
The Placement Shares were issued at $0.03 per share, which represented a
a) 31.5% discount to the 20-trading day Volume Weighted Average Price (VWAP) up to 7

August 2025 (VWAP = $0.0438 per share), in relation to the Placement Shares issued
between 8 August 2025 and 15 August 2025 which were authorised by a Board resolution
passed on 7 August 2025.
b) 46.9% discount to the 20-trading day VWAP up to 12 September 2025 (VWAP = $0.0565 per
share), in relation to the Placement Shares issued on 10 and 11 September 2025 which were
authorised by a Board resolution passed on 9 September 2025.
The 16,799,999 Placement Shares issued represented approximately 7.51% of the total number of
shares on issue in the Company immediately prior to the placement (being
223,648,012 ordinary
shares). Following the issue of the final Placement Shares, the Company had 240,448,011 ordinary
shares on issue.
No consideration was payable on the issue of the Warrants, but cash consideration of $0.015 per
share is payable on exercise of the Warrants. The exercise price of $0.015 per share represents a
44.2% discount to the 20-trading day VWAP up to 13 May 2025 (VWAP = $0.0269), in relation to the
offer of the Warrants which was approved by a Board resolution passed on 13 May 2025.
The 5,926,673 Warrants issued represented approximately 2.65% of the total number of shares on
issue in Company at the time that the first Warrants were issued (being
223,648,012 ordinary
shares) and assuming that all Warrants vest and are exercised. Following the issue of the final
Warrants, the Company had a total of 5,926,673 warrants on issue.
The Directors consider that approval of this resolution is in the best interests of the Company, as it
provides the Board with ongoing flexibility to raise capital efficiently under the NZX Listing Rules. The
Directors unanimously recommend that shareholders vote in favour of this resolution.
Requirement for Resolution
Listing Rule 4.5.1(c) allows shareholders to ratify, by ordinary resolution, the prior issue of equity
securities under NZX Listing Rule 4.5.1.
Voting Restrictions
In accordance with NZX Listing Rule 6.3.1, any person who has been issued, or has acquired, any
Placement Shares or Warrants (and their respective Associated Persons, as defined by the NZX Listing
Rules) are prohibited from voting on this resolution in accordance with Listing Rule 6.3.1. A person
who is disqualified from voting may however act as a proxy or voting representative for a person who
is entitled to vote, and in accordance with the express directions given by that person in the Proxy
Voting Form to vote for or against the resolution.

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Consequences if resolution is not approved
If this resolution is not approved, this will not affect the validity of the Placement Shares or the
Warrants, both of which are already issued. However, the Company will not benefit from a refreshed
15% placement capacity under Listing Rule 4.5.1.
Note 5 – Approval of issue of new ordinary shares
Ordinary Resolution 4
The Directors wish to seek the approval of shareholders to enable them to issue up to a further
49,993,744 new fully paid ordinary shares in the Company (New Shares) to assist with ongoing funding
requirements of the Company, including scaling its sales efforts in key international markets,
particularly Germany, Australia, Aotearoa New Zealand, United Kingdom and Czechia. The New Shares
will be the same class of shares as the existing ordinary shares on issue in the Company.
The Company’s 2025 Annual Report (Annual Report) stated:
“Given the Group’s net operating loss of $3,455,662 and net operating cash outflow of $2,787,439
for the year ended 30 June 2025, and in addition to its reduced liquid net asset position, the
Board and management have prepared operating cash flow forecasts for the next 12 months.
These indicated that the Group will not have sufficient cash to meet its minimum expenditure
commitments and support its current levels of activity without undertaking additional action.”

Ordinary Resolution 4 forms part of the Company’s actions to ensure it meets its going concern
assumption.
Each New Share would have an issue price of not less than $0.03. An issue price of $0.03 represents
a 37% discount to the Volume Weighted Average Price (VWAP) of the Company’s shares traded on
the NZX during the 20 trading days up to the 26 September 2025. The expectation would be that the
Board would seek to issue the New Shares at a share price that is no more than a 37% discount to the
prevailing current market price for the Company’s shares at the time of issue of the New Shares.
The New Shares would be required to be issued within 12 months from the date that shareholders
resolve to approve the issue of the New Shares. If any New Shares are not issued within this
timeframe, the approval to issue those New Shares would lapse.
The purpose of seeking approval to potentially issue the New Shares would be to provide the Board
with maximum flexibility to raise capital to assist with ongoing funding requirements of the Company,
including executing its growth plans in key international markets.
Any placement of the New Shares will occur as part of the Company’s broader capital raising
endeavours, which will likely involve an offer of shares to the Company’s existing shareholders, either
through a pro rata entitlement offer or a share purchase plan, at a price no higher than the issue price
for New Shares under the placement.
As at the date of this notice, the Company does not have an indication of the party or parties to whom
the New Shares may be issued pursuant to the proposed further placement capacity, nor does it have
any specific transactions in mind for the utilisation of the proposed further placement capacity.
The New Shares would represent 20% of the total number of shares and warrants on issue in the
Company as at the date of this notice (being 244,042,048 ordinary shares and 5,926,673 warrants). If
all of the New Shares were issued, then based on the total number of shares on issue in the Company
as at the date of this notice, the total number of shares on issue would increase to 299,962,465.
A worked example showing the dilutionary impact of the issue of these New Shares is as follows:

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Example shareholder
ownership
Scenario if new shares are
allocated as per Listing Rule
4.5.1
Up to 15%
Scenario if all additional new
shares are allocated as per
Resolution 4
Additional 20%
5.00% 4.35% 3.70%

This example above takes into account the maximum possible dilution that may occur if the Company
was to issue further new shares, either before or after the date of the Annual Meeting, in accordance
with other provisions of the NZX Listing Rules, including under either:
A) Listing Rule 4.3 (which permits certain pro rata issues and issues under share purchase plans
without shareholder approval) or under,
B) Listing Rule 4.5.1 (which permits the issue of ordinary shares representing up to 15% of the
total number of shares on issue in any 12-month period without shareholder approval).
The Company currently has capacity to issue up to a further 4.84% of equity securities under Listing
Rule 4.5.1, based on the total number of its shares on issue as at the date of this notice. The Board
does not consider that this current placement capacity will give the Company flexibility to raise a
sufficient level of capital (in addition to the capital it can raise in accordance with Listing Rule 4.3) to
execute its growth plans.
Requirement for Resolution
Listing Rule 4.1.1 requires that the issue of the New Shares be approved by an ordinary resolution of
the existing shareholders of the Company in accordance with Listing Rule 4.2.1.
Voting Restrictions
Each of the Directors of the Company and their Associated Persons (as defined in the Listing Rules) are
prohibited from voting on this resolution in accordance with Listing Rule 6.3.1, other than where the
vote is cast by a Director or Associated Person as a proxy or voting representative for a person who is
entitled to vote, and in accordance with the express directions given by that person in the Proxy Voting
Form to vote for or against the resolution.
Consequences if resolution is not approved
If the resolution to approve the issue of the New Shares is not approved, the Company will seek
alternative funding to assist with financing growth opportunities and may seek further shareholder
approval in the future by way of a vote at a special meeting or future annual meeting.
Voting by Proxy
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 and return the Proxy
Voting Form (enclosed with this Notice of Meeting) in the manner specified on the Proxy Voting Form
so that the form is received by Computershare no later than 48 hours before the time for holding the
Annual Meeting (i.e., before 03:00pm on Sunday 26 October 2025). A proxy need not be a
shareholder of Rua. The Chair of the meeting is willing to act as proxy for any shareholder who may
wish to appoint her for that purpose. The Chair will vote as directed on any resolutions and intends

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to vote any discretionary proxies in accordance with the Board recommendations, being in favour of
all resolutions (to the extent permitted by the NZX Listing Rules and Rua’s constitution).
To direct your proxy how to vote on the resolutions, you should tick the appropriate box on the Proxy
Voting 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. In
so doing you acknowledge that the proxy may exercise your right to vote even if he or she has an
interest in the outcome of the resolutions (provided that he or she is not disqualified from voting
under the NZX Listing Rules).
If, in appointing a proxy, you have inadvertently not named someone to be your proxy, or your named
proxy does not attend the meeting, the Chair of the meeting will be your proxy and will vote in
accordance with your express direction.
If you do not attend the Annual Meeting or appoint a proxy, then no vote will be exercised in respect
of your shareholding.
Entitlement to Vote
Subject to the voting restrictions set out in the explanatory notes in relation to Resolutions 3 and 4,
all persons on Rua’s register of shareholders as the holders of shares at 3:00 pm on Sunday 26 October
2025 will be entitled to vote on the resolutions at this Annual Meeting.
If you have appointed a proxy to attend the Annual Meeting in your place, you may still observe the
Annual Meeting (but only your proxy may cast your votes).
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 with administration of the Annual Meeting, Rua would be grateful if notices appointing
representatives are delivered to either:
a) Computershare Investor Services Limited at Private Bag 92119, Auckland 1142 or
b) at corporateactions@computershare.co.nz
,
at least 48 hours before the time for the holding of the Annual Meeting (i.e., before 03:00pm on
Sunday 26 October 2025).
Voting on all of the resolutions is to be by way of poll. No persons are restricted from voting on, or
acting as a discretionary proxy in relation to, any of the resolutions referred to in this notice of Annual
Meeting, subject to the voting restrictions noted above in respect of Ordinary Resolution 3 and 4.
Results
Following the Annual Meeting, the results will be posted at www.ruabio.com and on www.nzx.com.

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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 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
A
ll shareholders of the Company entitled to attend and vote at the virtual meeting
are entitled to appoint a proxy to attend and vote for them instead. A proxy need
not be a shareholder of Rua. The Chair of the meeting is willing to act as proxy for
any shareholder who may wish to appoint them for that purpose. The Chair will
vote as directed on any resolutions, and intends to vote any discretionary proxies in
accordance with the Board recommendations, being in favour of all resolutions (to
the extent permitted by the NZX Listing Rules and Rua’s constitution).
Vo ting on your holding
To
direct your proxy how to vote on the resolutions, you should tick the
appropriate box on the Proxy Voting Form. I
f 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. In so doing you
a
cknowledge that the proxy may exercise your right to vote even if he or she has an
interest in the outcome of the resolutions (provided that interest does not disqualify
him or her from voting under the NZX Listing Rules).
A
proxy is able to vote on motions from the floor and/or any resolutions put before
the meeting to amend the resolutions stated in this form unless he or she is
disqualified from voting under the NZX Listing Rules.
If, in appointing a proxy, you have inadvertently not named someone to be your
proxy, or your named proxy does not attend the meeting, the Chair of the meeting
will be your proxy and will vote in accordance with your express direction.
Voting Restrictions
In accordance with NZX Listing Rule 6.3.1, any person who has been issued,
or has acquired, any Placement Shares or Warrants (and their respective
Associated Persons, as defined by the NZX Listing Rules) are prohibited from
voting on Resolution 3. In addition each of the Directors of the Company and their
A
ssociated Persons (as defined in the Listing Rules) are prohibited from voting on
Resolution 4.
A
person who is disqualified from voting may however act as a proxy or voting
representative for a person who is entitled to vote, and in accordance with the
express directions given by that person in the Proxy Voting Form to vote for or
aga
inst the resolution.
Attending the V
irtual Meeting
All shareholders will have the option to attend, vote and participate in the Annual
Shareholder Meeting online via an internet connection using a laptop, tablet
or smartphone. If a representative of a corporate security holder or proxy is to
attend the virtual Meeting.
If a shareholder has appointed a proxy, they may attend the virtual meeting but
will not be able to vote. Please provide the proxies email address to our registrar
Computershare to allow them to vote on your behalf.
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.
Lodge your Proxy
Online
www.investorvote.co.nz
By Mail
Computershare Investor Services Limited
Private Bag 92119, Auckland 1142, New Zealand
By Email
corporateactions@computershare.co.nz
For all enquiries contact
+64 9 488 8777
corporateactions@computershare.co.nz
Lodge 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 to be effective it must be received by 3.00 pm on Sunday, 26 October 2025.
The 2025 Annual Meeting of Rua Bioscience Limited will be held at 3.00 pm (New Zealand time)
on Tuesday, 28 October 2025 online via Computershare Investor Services Limited’s meeting
platform https://meetnow.global/nz.

Proxy/Voting Form
Appoint a Proxy to Vote on Your Behalf
STEP 1
hereby appointof
or failing him/herof
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 General Meeting of
Rua Bioscience Ltd to be held virtually through the Computershare online meeting platform https://meetnow.global/nz on Tuesday, 28th October 2025
at 3.00 pm and at any adjournment of that meeting.
I/We being a shareholder/s of Rua Bioscience Ltd
Items of Business - Voting Instructions/Ballot Paper
STEP 2
Please note: In the event I/we have not expressed any intention or the intention is unclear (in my/our proxy’s sole opinion),my/our proxy will vote as
they see fit.
Signature of Shareholder(s) This section must be completed.
SIGN
or Sole Director/Director
Shareholder 1Shareholder 2Shareholder 3
Contact Name Contact Daytime Telephone Date
Ordinary Resolutions
1.
That the Board be authorised to fix the auditor’s remuneration.
2.
That Teresa Ciprian, who retires and is eligible for re-election, be re-elected as a Director of Rua.
3.
That in accordance with NZX Listing Rule 4.5.1(c), the shareholders approve and ratify for all purposes,
the previous issue of:
(a) 16,799,999 fully paid ordinary shares in the Company (the Placement Shares), issued by way of a
private placement under NZX Listing Rule 4.5.1 to selected wholesale investors at an issue price of
$0.03 per share, and allotted between 7 August 2025 and 11 September 2025; and
(b) 5,926,673 warrants in the Company (the Warrants), each entitling the holder to subscribe for one fully
paid ordinary share in the Company at an exercise price of $0.015 per share (payable on exercise),
issued under NZX Listing Rule 4.5.1 to certain wholesale investors in connection with debt facility
arrangements, and allotted between 14 May 2025 and 11 September 2025.
4.
That the Directors are authorised to issue up to 49,993,744 new ordinary fully paid shares in the Company
(New Shares) on the following terms:
(a) The New Shares may be issued to any person subject to the Company complying with the requirements
of the Financial Markets Conduct Act 2013 and the NZX Listing Rules in relation to any such issue.
(b) The New Shares may be issued through a single placement of up to 49,993,744 New Shares or via
separate placements of up to 49,993,744 New Shares in aggregate.
(c) Each New Share shall be issued at an issue price of not less than $0.03.
(d) The New Shares may be issued at any time during the course of the 12-month period following the
passing of this resolution.
(e) The New Shares, when issued, shall rank pari passu (equally) with all existing ordinary shares
in the Company.
For
Against
Abstain
Proxy
Discretion
or Director (if more than one)
If your proxy is not the Chairman of the Meeting or any other director of the Company, please ensure that you provide their contact details (phone
and email address). If this information is not provided, we cannot guarantee remote admission to the virtual meeting for your proxy.
Proxy contact Details (Phone): and (Email):
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