South Port NZ Ltd - Results of 2025 Annual Meeting

At South Port New Zealand Limited’s shareholder meeting, held in Bluff on Wednesday, 29 October 2025, shareholders were asked to vote on four resolutions, which were supported by the Board.

The Directors’ Report, the Financial Statements and the Auditor’s Report for the year ended 30 June 2025 were received.

As required by NZX Listing Rule 6.1, all voting was conducted by a poll.

The resolutions passed by shareholders were:

1. That Mr William John Schol be re-elected as a Director of the Company.

2. That Mr Derek Charles Nind be elected as a Director of the Company.

3. That the Directors be authorised to fix the fees and expenses of Deloitte Limited who acts as Agent for the Controller and Auditor General.

4. That the maximum aggregate sum available for payment to non-Executive Directors for each financial year commencing 1 July 2025 be increased from $532,000 to $562,000, (5.6% increase), such sum to be divided between the non-Executive Directors as they determine.

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

Resolution:
1. That Mr William John Schol be re-elected as a Director of the Company
For 20,292,003 (100.0%), Against 321, Abstain 811

2. That Mr Derek Charles Nind be re-elected as a Director of the Company
For 20,288,296 (99.9%), Against 2,630 (0.01%), Abstain 2,209

3. That the Directors be authorised to fix the fees and expenses of Deloitte Limited who acts as Agent for the Controller and Auditor General
For 20,282,606 (99.9%), Against 4,180 (0.02%), Abstain 6,349

4. That the maximum aggregate sum available for payment to non-Executive Directors for each financial year commencing 1 July 2025 be increased from $532,000 to $562,000, (5.6% increase), such sum to be divided between the non-Executive Directors as they determine.
For 20,248,708 (99.8%), Against 27,861 (0.14%), Abstain 9,235

Pursuant to NZX Listing Rule 2.6.2. the Board has determined that the following Director is an Independent Director:
• Derek Charles Nind


Authority for this announcement: Lara Stevens
Contact person: Lara Stevens
Ph: (03) 212-6004
Email: [email protected]
Date of release through MAP: 29.10.2025

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Announcement PDF