Changes to Board of Directors

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28 October 2026

Comvita announces changes to its Board

Comvita Limited (NZX: CVT) advises that, following voting at its Annual Shareholders' Meeting (ASM) held in
Pāpāmoa and online on 28 October 2026, several changes have been made to the composition of its Board of
Directors.

Board composition
The Board now comprises six directors:
· Bridget Coates, Chair and Independent Director
· Michael Sang, Independent Director
· Michael Chye, Non-Independent Director
· Peter Nathan, Non-Independent Director
· Julia Xu, Non-Independent Director
· Kosit Suksingha, Non-Independent Director

At the meeting, shareholders voted to re-elect Michael Sang and elect Michael Chye, Peter Nathan and Julia Xu,
who had been appointed to the Board during the year.

The Board welcomes Kosit Suksingha, following his election by shareholders. Based in Southeast Asia, Kosit brings
extensive experience in the consumer and beverage sectors, with expertise spanning digital and distribution
transformation, end-to-end supply chain management and corporate governance.

He is a member of the Executive Committee of Thai Beverage Public Company Limited (ThaiBev), one of Southeast
Asia's leading beverage groups, where he serves as Chief of its Spirits Product Group and Chief Digital and
Technology Officer. He is also an Alternate Director of Fraser and Neave, Limited and a Director of Fraser & Neave
Holdings Bhd, both publicly listed companies.

Board departures
Following the passing of shareholder resolutions at the ASM, Bob Major and Greg Barclay have ceased to be
directors of Comvita.

The Board acknowledges Bob's seven years of service to Comvita since September 2019, including as Chair of the
Safety and Performance Committee and a member of the Audit and Risk Committee. He has made a significant
contribution through a period of considerable change for the Company.

Greg joined the Board in December 2025, at a critical time for the Company, and served as a member of the Safety
and Performance Committee. He brought extensive governance, commercial and legal experience through
Comvita's recapitalisation and refinancing.

Comvita Chair Bridget Coates acknowledged the contribution of both departing directors and welcomed Kosit to
the Board.

"On behalf of Comvita, I want to sincerely thank Bob and Greg for their commitment, expertise and contribution to
the Company, particularly through a period of significant change and more recently, the progress we have made in
strengthening the business."

We also welcome Kosit, whose extensive international experience and commercial expertise will be valuable as we
continue to execute our strategy and drive Comvita's future growth."

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"The meeting this year marks a change in the composition of our Board, but our focus remains firmly on the future.
We have important work ahead of us and are committed to delivering on our strategy, improving business
performance and building long-term value for shareholders."

The results of all resolutions considered at the ASM are set out in a separate announcement released to the NZX.

Comvita's 2026 Annual Report, including its Financial Statements, and ASM presentation are available at
https://comvita.co.nz/pages/investor-centre.

For further information:
Bridget Coates | Comvita
bridget.coates@comvita.com

Media contact
Kate Walsh
021 858 619
kate@katewalsh.co.nz

Background information
Comvita (NZX:CVT) was founded in 1974, with a purpose to improve people's health through the power of
nature. Comvita is the largest producer of UMF™ certified Mānuka honey, with a team of over 400 people, and
operations in New Zealand, Australia, Greater China, North America, Japan, Korea and Southeast
Asia. Comvita’s vertically integrated supply chain runs from its own Mānuka forests and beehives in New Zealand
through to an international omni-channel distribution model. Comvita operates its own government-recognised
and accredited laboratory to test and verify that all bee-product ingredients are of the highest quality. It also
maintains an ongoing scientific research programme to deepen understanding of Mānuka trees, bee welfare and
the benefits of Mānuka honey. Comvita has planted millions of native Mānuka trees, improving natural
ecosystems and biodiversity, mitigating climate change, and helping ensure the sustainable supply of high quality
Mānuka honey. In 2023, Comvita became a certified B Corp, joining a global community of businesses that see
business as a force for good.