Comvita advises results of resolutions at Annual Meeting

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28 October 2026

Results of Annual Shareholders’ Meeting

At Comvita Limited’s (NZX: CVT) Annual Shareholders’ Meeting held in Pāpāmoa and online on 28 October 2026,
shareholders were asked to vote on 10 ordinary resolutions. As required by NZX Listing Rule 6.1, all voting was
conducted by a poll.

The ordinary resolutions passed were:

1. To record the appointment of KPMG as auditors of Comvita Limited, and authorise the Board to fix KPMG’s
remuneration.
2. To re-elect Mr Michael Sang as a Director of Comvita Limited.
3. To elect Mr Michael Chye as a Director of Comvita Limited.
4. To elect Mr Peter Nathan as a Director of Comvita Limited.
5. To elect Ms Julia Xu as a Director of Comvita Limited.
6. To elect Mr Kosit Suksingha as a Director of Comvita Limited.
7. To remove Mr Robert Major as a Director of Comvita Limited.
8. To remove Mr Gregor Barclay as a Director of Comvita Limited.
10. To increase total annual remuneration payable to all directors of Comvita Limited to $850,000.

The ordinary resolutions not passed were:

9. To remove Ms Bridget Coates as a Director of Comvita Limited.

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

Ordinary Resolution Notes For Against Abstain
1 That the meeting record the re-appointment of
KPMG as the auditors of the Company for the
current financial year ending 30 June 2027
pursuant to section 207T of the Companies Act
1993, and that the Board be authorised to fix
KPMG’s remuneration.
77,748,449
75.12%
25,747,657
24.88%
302,726
2 That Mr Michael Sang, who retires by rotation
and is eligible for re-election, be re-elected as a
Director of the Company.
99,361,720
96.05%
4,088,682
3.95%
348,430
3 That Mr Michael Chye, who was appointed by the
Board as a director to fill a casual vacancy with
effect from 22 June 2026, be elected as a Director
of the Company.
99,906,251
96.49%
3,629,842
3.51%
262,739
4 That Mr Peter Nathan, who was appointed by the
Board as a director to fill a casual vacancy with
effect from 20 July 2026, be elected as a Director
of the Company.
84,219,683
81.35%
19,312,320
18.65%
256,829
5 That Ms Julia Xu, who was appointed by the
Board as a director to fill a casual vacancy with
effect from 20 July 2026, be elected as a Director
of the Company.
102,691,461
99.74%
264,895
0.26%
842,476

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Ordinary Resolution Notes For Against Abstain
6 That Mr Kosit Suksingha, who has been
nominated to be a director by an Equity Security
holder, be elected as a Director of the Company.
68,716,272
68.06%
32,252,970
31.94%
2,829,590
7 That Mr Robert Major be removed from office as
a director of Comvita Limited pursuant to section
156 of the Companies Act 1993 and clause 29.1 of
the constitution of Comvita Limited, with effect
from the close of the 2026 Annual Meeting of
Comvita Limited.
72,779,389
70.38%
30,629,074
29.62%
390,369
8 That Mr Gregor Barclay be removed from office
as a director of Comvita Limited pursuant to
section 156 of the Companies Act 1993 and
clause 29.1 of the constitution of Comvita
Limited, with effect from the close of the 2026
Annual Meeting of Comvita Limited.
63,393,084
65.62%
33,207,645
34.38%
7,198,103
9 That Ms Bridget Coates be removed as a director
of Comvita Limited pursuant to section 156 of the
Companies Act 1993 and clause 29.1 of the
constitution of Comvita Limited, with effect from
the close of the 2026 Annual Meeting of
Shareholders of Comvita Limited.
47,350,073
45.73%
56,202,903
54.27%
245,856
10 That the total annual remuneration payable to all
directors of Comvita Limited be increased by
$240,000, from $610,000 to $850,000, with effect
from 1 November 2026.
* 50,039,593
59.30%
34,349,285
40.70%
5,534,210

As at the commencement of the meeting, Comvita Limited had 129,855,365 shares on issue.

A copy of the Comvita Limited 2026 Annual Report including the Financial Statements and ASM presentation are
available at: https://comvita.co.nz/pages/investor-centre

Notes:
* Voting restriction applied under NZX Listing Rule 6.3.1.

ENDS

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

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

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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.