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NZX shareholder resolutions that received the lowest percentage of votes in favour. Identifies resolutions where shareholder dissent was highest based on AGM/GM voting data.
Updates monthly · 50 companies
| # | Ticker | Company | Resolution | Votes For | Type | Passed |
|---|---|---|---|---|---|---|
| 1 | CHI | Channel Infrastructure NZ Limited | That Mr Daniel Reurich, who is nominated as a director by a Shareholder of the Company in accordance with Listing Rule 2.3.1, be elected as a Director of the Company | 0.9% | Director Election | No |
| 2 | CHI | Channel Infrastructure NZ Limited | That Mr Karl Barkley, who is nominated as a director by a Shareholder of the Company in accordance with Listing Rule 2.3.1, be elected as a Director of the Company | 0.9% | Director Election | No |
Data sourced from publicly available NZX filings and annual reports. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz.
For informational purposes only. Not investment advice.
Last updated: 20 April 2026.
| 3 | CHI | Channel Infrastructure NZ Limited | That Mr. Karl Barkley, who is nominated as a director by a Shareholder of the Company in accordance with Listing Rule 2.3.1, be elected as a Director of the Company. | 1.0% | Director Election | No |
| 4 | CHI | Channel Infrastructure NZ Limited | That all work on the decommissioning of the Marsden Point Refinery be suspended once the safety of staff and contractors have been addressed, pending the delivery of an independent report by an appropriately qualified engineering firm, on the costs, benefits and estimated schedule of reinstating the refinery to operating capability, assuming market conditions, including operating costs and customer demand, that were in effect across 2017. That such report be allocated a budget of NZ$100,000 with a delivery time of 6 months from the time the contract is let. That the Board direct management to issue a request for proposals and seek invitations for tender for consideration within 2 months of the meeting date (30 April 2024). That the report be provided to all Shareholders with a recommendation from Management for consideration at a Special Meeting to be called within 25 working days of receipt of the Report | 1.1% | Other | No |
| 5 | ANZ | ANZ Group Holdings Limited | Spill Resolution | 1.4% | Other | No |
| 6 | WBC | Westpac Banking Corporation | Amendment to the Constitution | 6.2% | Constitution Amendment | No |
| 7 | WBC | Westpac Banking Corporation | Amendment to the Constitution | 6.3% | Constitution Amendment | No |
| 8 | WBC | Westpac Banking Corporation | Amendment to the Constitution | 6.6% | Constitution Amendment | No |
| 9 | ANZ | ANZ Group Holdings Limited | Resolution requisitioned by members - Amendment to the Constitution | 7.1% | Constitution Amendment | No |
| 10 | RAK | Rakon Limited | That Brent Robinson be removed as a Director of Rakon Limited | 8.7% | Director Removal | No |
| 11 | ANZ | ANZ Group Holdings Limited | Amend the company’s constitution | 8.8% | Constitution Amendment | No |
| 12 | NTL | New Talisman Gold Mines Ltd | Director Election: John Wedde | 8.9% | Director Election | No |
| 13 | ANZ | ANZ Group Holdings Limited | Strategy to eliminate financed deforestation | 11.3% | Shareholder Request | No |
| 14 | RAK | Rakon Limited | That a revised Constitution, including any amendments determined by the Board under Resolution 6, is tabled for consideration by shareholders as a special resolution at the next Annual Shareholders’ Meeting of Rakon Limited | 11.6% | Constitution Amendment | No |
| 15 | RAK | Rakon Limited | That the Board determine the constitutional settings required for Rakon Limited to include a minority investor voting regime within its Constitution | 13.0% | Constitution Amendment | No |
| 16 | FCG | Fonterra Co-operative Group Limited | Mr Richard Dampney's first proposal | 15.2% | Other | No |
| 17 | FSF | Fonterra Shareholders' Fund | Mr Richard Dampney's first proposal | 15.2% | Other | No |
| 18 | FSF | Fonterra Shareholders' Fund | Mr Richard Dampney's third proposal | 15.5% | Other | No |
| 19 | FCG | Fonterra Co-operative Group Limited | Mr Richard Dampney's third proposal | 15.5% | Other | No |
| 20 | FCG | Fonterra Co-operative Group Limited | Mr Richard Dampney's fourth proposal | 15.8% | Other | No |
| 21 | FSF | Fonterra Shareholders' Fund | Mr Richard Dampney's fourth proposal | 15.8% | Other | No |
| 22 | MCK | Millennium & Copthorne Hotels New Zealand Limited | Election of Steven Zingel as a director | 16.0% | Director Election | No |
| 23 | FSF | Fonterra Shareholders' Fund | Mr Richard Dampney's second proposal | 18.0% | Other | No |
| 24 | FCG | Fonterra Co-operative Group Limited | Mr Richard Dampney's second proposal | 18.0% | Other | No |
| 25 | ANZ | ANZ Group Holdings Limited | Customer Transition Plan Approach and Climate Commitments | 18.6% | Other | No |
| 26 | NTL | New Talisman Gold Mines Ltd | Director Re-election: Victor Rabone | 19.8% | Director Re-election | No |
| 27 | MPG | Metro Performance Glass | That Graham Stuart be elected as a Director of the Company. | 21.5% | Director Election | No |
| 28 | ANZ | ANZ Group Holdings Limited | Disclosure of financed deforestation | 22.7% | Shareholder Request | No |
| 29 | ANZ | ANZ Group Holdings Limited | Resolution requisitioned by members - Transition Plan Assessments | 27.2% | Other | No |
| 30 | BPG | Black Pearl Group Limited | That, in accordance with NZX Listing Rule 4.5.1(c), shareholders ratify the fully paid ordinary shares of BPG issued under the placement on 11 October 2024 and 22 October 2024. | 35.2% | Ratification of Share Issue | Yes |
| 31 | LIC | Livestock Improvement Corporation Limited | Election of one Elected Director for the North Island | 42.8% | Director Election | Yes |
| 32 | TAH | Third Age Health Services Limited | That Warren William Flaunty be elected as a director of Third Age Health | 43.5% | Director Election | No |
| 33 | ERD | EROAD | Non-Binding Say On Pay Vote: That EROAD's Remuneration Report for the year ended 31 March 2023, as set out in the FY23 Annual Report, be adopted | 48.5% | Remuneration Report | No |
| 34 | ANZ | ANZ Group Holdings Limited | Grant of restricted rights and performance rights to Mr S C Elliott | 50.1% | Other | No |
| 35 | LIC | Livestock Improvement Corporation Limited | Election of one Elected Director for the South Island | 52.8% | Director Election | Yes |
| 36 | CVT | Comvita Limited | Election of Greg Barclay as a Director | 53.3% | Director Election | Yes |
| 37 | ARB | ArborGen Holdings Limited | That David Knott be re-elected as a director of the Company | 55.5% | Director Re-election | Yes |
| 38 | CVT | Comvita Limited | Re-election of Bob Major as a Director | 59.4% | Director Re-election | Yes |
| 39 | RAK | Rakon Limited | Increase total annual remuneration pool for directors' fees by $73,500 from $530,000 to $603,500 | 60.0% | Other | Yes |
| 40 | WBC | Westpac Banking Corporation | To Re-elect Peter Nash as a Director | 60.2% | Director Re-election | Yes |
| 41 | HLG | Hallenstein Glasson Holdings Limited | Re-elect Graeme Popplewell as a Director | 61.2% | Director Election | Yes |
| 42 | HLG | Hallenstein Glasson Holdings Limited | Re-elect Warren Bell as a Director | 61.2% | Director Election | Yes |
| 43 | ANZ | ANZ Group Holdings Limited | Adoption of the Remuneration Report | 61.7% | Remuneration Report | Yes |
| 44 | GTK | Gentrack Group Limited | That, for the purposes of NZX Listing Rule 4.2.1, up to 1,775,361 performance rights be issued to Gary Miles (Gentrack's CEO) and other members of the Executive Leadership Team selected by the Board, on the terms and conditions set out in the Explanatory Notes to this Notice of Meeting and the rules of Gentrack's Senior Management LTI Scheme | 62.8% | Share Issue | Yes |
| 45 | LIC | Livestock Improvement Corporation Limited | Approval of Shareholder Reference Group’s Remuneration | 66.2% | Remuneration | Yes |
| 46 | LIC | Livestock Improvement Corporation Limited | Approval of LIC Directors' Remuneration | 66.2% | Other | Yes |
| 47 | ANZ | ANZ Group Holdings Limited | Adoption of the Remuneration Report | 67.6% | Remuneration Report | Yes |
| 48 | LIC | Livestock Improvement Corporation Limited | Approval of LIC Directors' Remuneration | 68.0% | Remuneration Report | Yes |
| 49 | THL | Tourism Holdings Limited | Re-election of Catherine Agnes Quinn as Director | 68.1% | Director Re-election | Yes |
| 50 | GTK | Gentrack Group Limited | That, for the purposes of NZX Listing Rule 4.2.4, the terms of the remaining performance rights to be issued to Gary Miles be amended in accordance with the terms and conditions set out in this Notice of Meeting | 68.5% | Other | Yes |