Special Meeting Results Announcements

13/12/2024 11:33 NZDT, MEETINGP

Results of WasteCo Group Limited Special Meeting of Shareholders

At WasteCo Group Limited’s special meeting, held today, shareholders were asked to vote on 2 resolutions, which was 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:

• To approve, for the purposes of NZX Listing Rule 4.2.1 and Rule 7(d) of the Takeovers Code, the issue of $15 million principal amount of convertible notes (Notes) to Empire Waste Technology Limited (Empire), and up to 750 million ordinary shares to Empire (subject to adjustment in accordance with the terms of the Notes), on conversion of the Notes, on the essential terms described in the notice of meeting.

• Subject to resolution 1 being passed, to approve, for the purposes of NZX Listing Rules 4.2.1, the issue of up to 250 million shares at an issue price of $0.02 under the share purchase plan to be offered in December 2024, as more particularly described in the explanatory notes.

Details of the total number of votes cast in person or by a proxy holder are set out in the attachment.