Savor Director changes and Notice of Meeting

Notice of
Annual Meeting
2026

P2SAVOR LIMITEDNOTICE OF ANNUAL MEETING
Notice is given that the Annual Meeting of shareholders of Savor Limited (“Savor”) will be held
at MUFG Pension & Market Services, Level 30, PwC Tower, 15 Customs Street West, Auckland,
on Tuesday, 29 September 2026, commencing at 10:00am (NZ time).
The Annual Meeting will be held physically only as there is a material cost to Savor involved with
holding a hybrid or online meeting.
Business of the meeting
1 Chair’s address
2 CEO’s address
3 Ordinary resolutions
a. To elect Garry Moore
That Garry Moore, having been nominated by H&G Limited under NZX Listing
Rule 2.3.1, be elected as a Non-Executive Director of Savor Limited with effect
from the end of the Annual Shareholders’ Meeting at which this resolution is
passed.
b. To appoint BDO Auckland as Savor’s auditor
That BDO Auckland be appointed as Savor’s auditor, and that the Directors be
authorised to fix the fees and expenses of the auditor.
4 Shareholder questions
By order of the Board
Tim Peat
Group CFO
Auckland, New Zealand
31 August 2026
Notice of Annual Meeting

P3SAVOR LIMITEDNOTICE OF ANNUAL MEETING
These explanatory notes have been prepared for the information of shareholders in relation to
the business to be conducted at Savor’s 2026 Annual Meeting of Shareholders.
Director Changes
Bhupen Master has notified the Board of his intention not to stand for re-election at the ASM.
The Board thanks Bhupen for his contribution during his tenure and wishes him the best as he
focuses on his personal business commitments.
Persons entitled to vote
The persons who will be entitled to vote at the meeting are those persons (or their proxies or
representatives) registered as holding Ordinary Shares on Savor’s share register as at 5:00pm
(NZST) on Monday 28 September 2026. Voting at the Annual Meeting will be by way of poll.
Results of voting will be announced to the NZX following the finalisation of the voting results.
An ordinary resolution is a resolution passed by a simple majority of the votes cast by
shareholders entitled to vote and voting.
Proxies and representatives
Shareholders may exercise their right to vote at the meeting either by being present in person
or by appointing a proxy to attend and vote in their place. A proxy need not be a shareholder
of Savor. The Chair of the Meeting or any other Director is willing to act as a proxy for any
shareholder who wishes to appoint them for that purpose. If appointed as a discretionary
proxy, the Chair and the Directors intend to vote in favour of all resolutions. A body corporate
shareholder may appoint a representative to attend the meeting on its behalf.
Proxy appointments (whether made online or by completing a form) must be received by
Savor’s share registry no later than 10:00am on Sunday 27 September 2026, being 48 hours
before the meeting.
To appoint a proxy online, please visit the MUFG Pension & Market Services Investor Centre
website https://nz.investorcentre.mpms.mufg.com/voting/SVR and follow the prompts.
Alternatively, shareholders may appoint a proxy by completing the Proxy Form enclosed and
returning it to MUFG Pension & Market Services in accordance with the instructions on the
proxy form.
Shareholder questions
Shareholders are invited to submit questions prior to the Annual Meeting online by going to
https://nz.investorcentre.mpms.mufg.com/voting/SVR, using a completed proxy form, or by
emailing (tim@savor.co.nz). Savor will aggregate the main themes of the questions received
by 10:00am on Sunday 27 September 2026, and respond to them at the Annual Meeting. This
means that not every question submitted will be answered individually, and some questions
may be covered in the Chair’s address or CEO’s address.
Explanatory Notes

P4SAVOR LIMITEDNOTICE OF ANNUAL MEETING
Resolutions
RESOLUTION A:
Election of Garry Moore
Under NZX Listing Rule 2.3.2, Savor was required to announce to NZX a closing time for
nominations of directors by shareholders. Savor did this on 10 August 2026, setting a closing
date at 5pm on 21 August 2026 (the Nomination Period). During the Nomination Period,
Savor received a nomination from H&G Limited (which, as at the date of this notice, holds
approximately 15.9% of shares in Savor) for Garry Moore to be elected as an additional
Non-Executive Director of Savor.
Garry Moore has provided the following statement in support of his nomination:
Garry Moore is a Chartered Member of the New Zealand Institute of Directors. He is a
former member of the national Forsyth Barr Investment Committee and former Chair of PGG
Wrightson Limited. Mr Moore is the Chair of DairyCool Limited and South Canterbury based
farm owner Burnett Valley Trust. He is a past Chair of St Andrew’s College, Greystone Wines
and the Canterbury Branch of the New Zealand Institute of Chartered Accountants.
The Board has considered the nomination of Mr Moore through the established nominations
process, including assessing his background and skillset. Mr Moore’s financial and governance
expertise would strengthen the Board’s capability in these areas, particularly in light of Bhupen
Master’s retirement from the Board.
The Board has determined that, if elected, Mr Moore will be an Independent Director for
the purposes of the NZX Listing Rules and having regard to the factors set out in the NZX
Corporate Governance Code.
Accordingly, the Board unanimously supports the appointment of Mr Moore as a Director of
Savor Limited and strongly recommends that shareholders should vote in favour of
Resolution a.
RESOLUTION B:
Appointment of BDO Auckland as Savor’s auditor
On 21 January 2026, Savor advised the NZX that, following completion of a tender process,
BDO Auckland had been appointed as Savor’s auditor, with their tenure commencing in the
2026 financial year. The decision to recommend a change of auditor was made as a matter of
good governance, in light of the current auditor’s tenure, and as a continuation of Savor’s firm
focus on cost efficiencies.
BDO Auckland is automatically reappointed as auditor of Savor under section 207T of the
Companies Act 1993.
Section 207S of the Companies Act 1993 provides that the fees and expenses of BDO Auckland
as auditor are to be fixed in such a manner as Savor determines at the Annual Meeting. The
Board proposes that, consistent with commercial practice, the auditor’s fees should be fixed by
the Directors.

P5SAVOR LIMITEDNOTICE OF ANNUAL MEETING
Savor, established in 2011, is one of New Zealand’s largest hospitality businesses with 18
iconic venues in Auckland, including Amano, two Azabu’s, Ebisu, Bivacco and Non Solo
Pizza, each with its own unique concept, culture and offering. Savor has a reputation for
originality, the quality of its products and the high standard of service that is consistent
across the company portfolio.
About Savor

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NZX Release
Savor Notice of Meeting and Director Changes
31 August 2026
Savor Limited (NZX: SVR) (“Savor”, “the Company”, or with its subsidiaries “the Group”), one of New
Zealand’s largest hospitality groups, today releases the Notice of Meeting for the upcoming Annual
Shareholders’ Meeting (ASM) and provides an update on its Directors.
Annual Shareholders’ Meeting
Savor will hold its ASM at MUFG Corporate Markets, Level 30, PwC Tower, 15 Customs Street West,
Auckland, on Tuesday, 29 September 2026, commencing at 10:00am (NZ time). The Notice of
Meeting and Proxy Form for the ASM are attached to this announcement.
Director Changes
Bhupen Master has notified the Board of his intention not to stand for re-election at the ASM. The
Board thanks Bhupen for his contribution during his tenure and wishes him the best as he focuses on
his personal business commitments.
Director Nomination
Savor has received a nomination from H&G Limited (which holds approximately 15.9% of Savor’s
shares) for Garry Moore to be elected as a Director of the Company.
Garry is a Chartered Member of the New Zealand Institute of Directors. He is a former member of the
national Forsyth Barr Investment Committee and former Chair of PGG Wrightson Limited. Garry is
Chair of DairyCool Limited and South Canterbury based farm owner Burnett Valley Trust. He is a past
Chair of St Andrew’s College, Greystone Wines and the Canterbury Branch of the New Zealand
Institute of Chartered Accountants.
The Board has carefully considered the nomination and recommends shareholders vote in favour of
the election of Garry Moore.
ENDS

For any queries please contact:
Tim Peat
Group CFO
tim@savor.co.nz

About Savor
Savor, established in 2011, is one of New Zealand’s largest hospitality businesses with 18 iconic
venues in Auckland, including Amano, two Azabu’s, Ebisu, Bivacco and Non Solo Pizza, each with its
own unique concept, culture and offering. Savor has a reputation for originality, the quality of its
products and the high standard of service that is consistent across the company portfolio.

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Go online to https://nz.investorcentre.mpms.mufg.com/voting/SVR to appoint your proxy

LODGE YOUR PROXY

















Proxy Form/Admission Card for Savor Limited 2026 Annual Shareholders’ Meeting

Notice is hereby given that the Annual Shareholders’ Meeting of Savor Limited (“the Company”) will be held at MUFG Pension & Market Services, Level 30,
PwC Tower, 15 Customs Street West, Auckland at 10:00am (New Zealand time) on Tuesday, 29 September 2026. If you will attend the Meeting, please
bring this form to assist with your registration.
If you will not attend the meeting but wish to be represented by proxy, please complete and return this form (in accordance with the lodgment instructions
above) to Savor Limited’s share registry, MUFG Pension & Market Services, by no later than 10:00am on Sunday, 27 September 2026. You can also
appoint your proxy and vote on the resolutions on the reverse of this form online by going to https://nz.investorcentre.mpms.mufg.com/voting/SVR or by
scanning the QR code above with your smartphone.


Tuesday, 29 September 2026 at 10:00am (New Zealand time)



MUFG Pension & Market Services, Level 30, PwC Tower, 15
Customs Street West, Auckland

Appointment of proxy
If you are entitled to vote at the meeting, you may appoint a proxy to attend
the meeting and vote on your behalf, unless specifically excluded. The
proxy need not also be a shareholder. If you wish, you may appoint “The
Chair of the Meeting” or any other Director as your proxy or as alternative
to your named proxy. The Chair of the meeting and the Directors intend to
vote all discretionary proxies in favor of all resolutions.

Voting of your holding
Direct your proxy how to vote by making the appropriate election, either
online or on this Proxy Form, in respect of each item of business (resolution
a). If you return this form without directing the proxy how to vote on any
particular matter, the proxy may vote as he/she thinks fit or abstain from
voting. If you make more than one election in respect of a resolution your
vote will be invalid on that resolution. If this form is returned without a person
specified as proxy, or if your named proxy does not attend the meeting, the
Chair of the Meeting is deemed to be the proxy to the extent of the voting
instructions.

Attending the meeting
If you plan to attend the meeting in person, please bring this Admission
Card/Proxy Form intact as the barcode will assist in your registration.

A corporation may appoint a person as its representative to attend and vote
at the Meeting in the same manner as that in which it could appoint a proxy.
That person need not also be a shareholder.
Signing instructions for this form
Individual
Where the holding is in one name, the shareholder must sign the Proxy
Form.

Joint Holding
Where the holding is in more than one name, at least one joint shareholder
should sign this form (on behalf of all joint shareholders). If different joint
shareholders purport to appoint different proxies, the vote of the proxy
appointed by the first named joint shareholder shall apply.

Power of Attorney
If this Proxy Form has been signed under a power of attorney, a copy of the
power of attorney under which it was signed (if not previously provided to
the Registrar), and a signed certificate of non-revocation of the power of
attorney must accompany this Proxy Form.

Corporate Shareholder
In the case of a corporate shareholder, a duly authorised officer or director
must sign this Proxy Form. Persons who sign on behalf of a corporate
shareholder must be acting with that corporate shareholder’s express or
implied authority.



Online
https://nz.investorcentre.mpms.mufg.com/voting/SVR

Scan & email
meetings.nz@cm.mpms.mufg.com
Scan this QR code with
your smartphone and
vote online





Mail
Use the enclosed reply paid
envelope or address to:
MUFG Pension & Market Services
PO Box 91976
Auckland 1142
General Enquiries

Email
enquiries.nz@cm.mpms.mufg.com

Phone
+64 9 375 5998
Space and position for name and address

Step 1 Appoint a Proxy / Corporate Representative

I/We being a shareholder/s of Savor Limited hereby appoint:

Name

or failing him/her:
Address

Name Address
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 Shareholders
of Savor Limited to be held at MUFG Pension & Market Services, Level 30, PwC Tower, 15 Customs Street West, Auckland, on Tuesday, 29 September 2026
commencing at 10:00am (NZ time).

Step 2 Items of Business – Voting Instructions

Instruct a proxy to vote by placing a tick in the relevant box. If you have appointed a proxy and want him/her to decide how to vote on the resolution, tick the
box “Proxy’s discretion”. Please note for each resolution you must tick one box.







Step 3 Shareholder Questions

Shareholders attending the Annual Shareholders’ Meeting will have the opportunity to ask questions during the meeting. If you cannot attend the Annual
Shareholders’ Meeting but would like to ask a question, you can submit a question online by going to https://nz.investorcentre.mpms.mufg.com/voting/SVR
and completing the online validation process or complete the question section below and return to MUFG Pension & Market Services in the envelope enclosed.
Questions will need to be submitted by 10:00am on Sunday, 27 September 2026. The Board will endeavour to address and answer questions at the Annual
Shareholders’ Meeting.

Question:

Step 4 Signature of Shareholder(s) This section must be completed


Shareholder 1
or duly authorised officer or attorney

Shareholder 2
or duly authorised officer or attorney

Shareholder 3
or duly authorised officer or attorney


Contact Name

Contact Daytime Telephone

Date
Electronic Investor Communications
If you received the Notice of Meeting and Proxy Form by mail and wish to receive your future investor communications by email please provide your email
address below:


To consider and, if thought fit, pass the following ordinary resolutions:
FOR AGAINST ABSTAIN
PROXY
DISCRETION
a. That Garry Moore, having been nominated by H&G Limited under NZX Listing Rule 2.3.1,
be elected as a Non-Executive Director of Savor Limited with effect from the end of the
Annual Shareholders’ Meeting at which this resolution is passed.



b. That BDO Auckland be appointed as Savor’s auditor, and that the Directors be authorised
to fix the fees and expenses of the auditor.