Results of the 2026 Annual Shareholders' Meeting

15/04/2026 08:30 NZST, MEETING

15 April 2026

Results of Scales Corporation Limited 2026 Annual Shareholders’ Meeting

Scales Corporation Limited held its 2026 Annual Shareholders’ Meeting at 3.30pm on 14 April 2026.

Resolutions

All resolutions considered by shareholders at the meeting were passed. Details of the number of votes cast, by poll, were as follows:

1. That the Board is authorised to fix the auditor’s remuneration for the coming year.

For: 65,136,826

Against: 67,223

Abstain: 37,988

2. That having been appointed during the year by the Board and holding office only until the Annual Meeting, that Paul Munro be elected as a Director of Scales.

For: 65,186,310

Against: 13,933

Abstain: 41,794

3. That Miranda Burdon, who retires and is eligible for election, be re-elected as a Director of Scales.

For: 65,132,023

Against: 81,071

Abstain: 28,943

4. That Nick Harris, who retires and is eligible for election, be re-elected as a Director of Scales.

For: 65,149,135

Against: 56,177

Abstain: 36,725

5. That Mike Petersen, who retires and is eligible for election, be re-elected as a Director of Scales.

For: 61,272,797

Against: 3,955,164

Abstain: 14,076

6. That the total annual remuneration available to be paid to Directors for their services as Directors be increased by $130,000 (being the equivalent of AUD110,000, which reflects the increase needed to include fees paid to the Directors of Scales’ new Australian subsidiaries within the total annual fee) to $755,000 per annum for the financial year ending 31 December 2026 and onwards, with such sum to be divided amongst the Directors as the Board may from time to time determine.

For: 63,047,500

Against: 286,298

Abstain: 1,908,239

Director Independence

As required by the NZX Listing Rules, the Board of Scales Corporation Limited has determined that the following Directors are Independent Directors:

• Tony Batterton

• Miranda Burdon

• Nick Harris

• Paul Munro

• Mike Petersen

For further information contact:

Steve Kennelly

Chief Financial Officer

Scales Corporation Limited

+64 3 371 2263 / +64 274 317587

www.scalescorporation.co.nz