Results of 2025 Annual Shareholders' Meeting

PO Box 1387, Gisborne 4040, Aotearoa New Zealand | 0800 RUABIO | www.ruabio.com
 
 
 

FOR PUBLIC RELEASE

NZX Limited
Wellington

29 October 2025


Results of Rua Bioscience Limited’s 2025 Annual Shareholders’ Meeting

At Rua Bioscience’s virtual Annual Shareholder’s Meeting held online at 3:00pm, 28
October 2025, shareholders were asked to vote on four ordinary resoliutions which were
supported by the Board. As required by NZX lisitng rule 6.1, alll voting was conducted by
a poll.

The resolutions passed by shareholders were as follows:

1) Resolution 1 - That the Board be authorised to fix the auditor’s remuneration.

2) Resolution 2- That Teresa Ciprian, who retires and is eligible for re-election, be re-
elected as a Director of Rua.

3) Resolution 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) Resolution 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.
ASM Results 

 
PO Box 1387, Gisborne 4040, Aotearoa New Zealand | 0800 RUABIO | www.ruabio.com
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.

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

Resolution For Against Abstain
Fix Auditor’s remuneration 43,381,911
99.08%
404,064
0.92%
1,041,144
That Teresa Ciprian be re-elected 41,946,224
98.53%
625,953
1.47%
2,254,942
Approve the previous issues 32,652,626
98.17%
608,327
1.83%
11,566,166
Directors be authorised to issue New Shares 38,582,014
95.57%
1,789.982
4.43%
4,455,123


ENDS 
 
The person who authorised this announcement:

Paul Naske
Chief Executive Officer
paul.naske@ruabio.com
+64 21 445154