Results of Allied Farmers Limited Annual Meeting

20/11/2024 12:41 NZDT, MEETING

20 November 2024

Results of Allied Farmers Limited Annual Shareholder Meeting

At Allied Farmers Limited’s shareholder meeting, held online today, shareholders were asked to vote on 4 resolutions, which were supported by the Board.

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

The resolutions passed by shareholders were:

• That the Directors be authorised to fix the fees and expenses of the Company’s auditor, RSM Hayes Audit, for the ensuing year.

• That approval be given for the issue of 144,032 performance rights during the financial year ending 30 June 2025, and the issue of ordinary shares on the vesting and exercise of those performance rights, to Richard Milsom under the rules of the Company’s Long Term Incentive Plan.

• That approval be given for the issue of such number of performance rights during the financial year ending 30 June 2026 equivalent to 0.5% of the Company’s total number of ordinary shares on issue as at 1 July 2025, and the issue of ordinary shares on the vesting and exercise of those performance rights, to Richard Milsom under the rules of the Company’s Long Term Incentive Plan.

• That approval be given for the issue of such number of performance rights during the financial year ending 30 June 2027 equivalent to 0.5% of the Company’s total number of ordinary shares on issue as at 1 July 2026, and the issue of ordinary shares on the vesting and exercise of those performance rights, to Richard Milsom under the rules of the Company’s Long Term Incentive Plan.

Details of the total number of votes cast in person or by a proxy holder are: [see attached PDF for

details].

Ross O'Neill

Company Secretary