Results of WasteCo Group Limited Annual Shareholder Meeting

Meeting Results Announcement
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22 September 2026

Results of Annual Meeting of Shareholders

At WasteCo Group Limited’s shareholder meeting, held today on 22 September 2026, shareholders were
asked to vote on 5 ordinary resolutions. As required by NZX Listing Rule 6.1, all voting was conducted by
a poll.

The ordinary resolutions passed were:

• To record the re-appointment of Deloitte as auditor of the Company and to authorise the Directors
to fix the auditor’s remuneration for the ensuing year.
• That Justin Marshall, having nominated himself for election under NZX Listing Rule 2.3.1, be
elected as an additional Director of the Company.
• To ratify, confirm and approve entry into the PIF Funding Facility (as defined in the Explanatory
Notes accompanying the notice of annual meeting) between WasteCo and PFNZ Limited to $10
million, under NZX Listing Rule 5.1.1(b).
• That the Directors of the Company are authorised to issue up to 20 million unlisted options to
acquire ordinary shares in the Company (Options), to employees, contractors, and non-executive
Directors of the Company and its subsidiaries (but excluding Sean Joyce and Simon Herbert
given restrictions in the takeovers code) on the terms set out in the Explanatory Notes
accompanying the notice of annual meeting.
• That the Directors of the Company are authorised to issue up to 165 million new ordinary fully
paid shares in the Company to selected investors (“New Shares”) each at an issue price equal to
the Volume Weighted Average Price ("VWAP") of the Company's shares traded on the NZX
during the 10 trading days up to the application date for the New Shares, at any time during the
course of the 12 month period following the date of the Annual Meeting, such New Shares when
issued, to rank pari passu (equally) with all existing ordinary shares of the Company.

Details of the total number of votes cast in person/online, or by a proxy holder are:

Resolution For Against Abstain
To record the re-appointment of Deloitte as auditor of
the Company and to authorise the Directors to fix the
auditor’s remuneration for the ensuing year.
225,002,535
99.70%
683,914
0.30%
2,666,668
That Justin Marshall, having nominated himself for
election under NZX Listing Rule 2.3.1, be elected as
an additional Director of the Company.
184,208,491
96.00%
7,673,876
4.00%
36,470,750
To ratify, confirm and approve entry into the PIF
Funding Facility (as defined in the Explanatory Notes
accompanying the notice of annual meeting) between
WasteCo and PFNZ Limited to $10 million, under NZX
Listing Rule 5.1.1(b).
196,423,185
99.16%
1,658,917
0.84%
30,271,015
That the Directors of the Company are authorised to
issue up to 20 million unlisted options to acquire
ordinary shares in the Company (Options), to
210,820,980
95.81%
9,217,209
4.19%
8,314,928

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employees, contractors, and non-executive Directors
of the Company and its subsidiaries (but excluding
Sean Joyce and Simon Herbert given restrictions in
the takeovers code) on the terms set out in the
Explanatory Notes accompanying the notice of annual
meeting.
That the Directors of the Company are authorised to
issue up to 165 million new ordinary fully paid shares
in the Company to selected investors (“New Shares”)
each at an issue price equal to the Volume Weighted
Average Price ("VWAP") of the Company's shares
traded on the NZX during the 10 trading days up to
the application date for the New Shares, at any time
during the course of the 12 month period following the
date of the Annual Meeting, such New Shares when
issued, to rank pari passu (equally) with all existing
ordinary shares of the Company.
203,344,994
95.23%
10,174,736
4.77%
1,569,577

As at the commencement of the meeting, WasteCo Group Limited had 1,098,372,765 shares on issue.


Authority for this announcement
Name of person authorised to make this
announcement
Nigel Franklin
Contact person for this announcement Nigel Franklin
Contact phone number 029 983 3871
Contact email address Nigel.franklin@wasteco.co.nz
Date of release through MAP 22 September 2026