Announcement

MEETING: SCL: Results of 2019 Annual Shareholders Meeting 11:28a.m. 
SCL  
13/06/2019 11:28  
MEETING  
NOT PRICE SENSITIVE  
REL: 1128 HRS Scales Corporation Limited  
 
MEETING: SCL: Results of 2019 Annual Shareholders Meeting  
 
13 June 2019  
 
Results of Scales Corporation Limited 2019 Annual Shareholders' Meeting  
 
Scales Corporation Limited held its 2019 Annual Shareholders' Meeting in  
Napier at 4.30pm on 12 June 2019.  
 
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: 60,196,930  
Against: 21,550  
Abstain: 15,500  
 
2. Having retired by rotation, that Alan Isaac be re-elected as a Director.  
 
For: 60,105,252  
Against: 69,398  
Abstain: 59,330  
 
3. Having been reappointed during the year by the Board and holding office  
only until the Annual Meeting, that Andrew Borland be elected as a Director.  
 
For: 60,151,013  
Against: 13,050  
Abstain: 69,917  
 
4. Having been appointed during the year by the Board and holding office only  
until the Annual Meeting, that Tomakin Lai be elected as a Director.  
 
For: 57,300,947  
Against: 2,848,116  
Abstain: 84,917  
 
5. Having been appointed during the year by the Board and holding office only  
until the Annual Meeting, that Nadine Tunley be elected as a Director.  
 
For: 59,996,290  
Against: 154,838  
Abstain: 82,852  
 
6. Subject to the approval of Resolution 5, that the maximum total pool of  
Directors' remuneration payable by Scales to Directors (in their capacity as  
Directors) be increased by $100,000 per annum, from a total pool of $500,000  
per annum to $600,000 per annum, effective from the close of the Annual  
Meeting, with such sum to be divided amongst the Directors as the Board may  
from time to time determine.  
 
For: 57,395,710  
Against: 785,439  
Abstain: 2,052,831  
 
Special Resolution: To amend Scales' Constitution in the form and manner  
described in the explanatory notes, with effect from the close of the Annual  
Meeting.  
 
For: 60,030,215  
Against: 34,150  
Abstain: 169,615  
 
Director Independence  
As required by the NZX Listing Rules, the Board of Scales Corporation Limited  
has determined that the following Directors are Independent Directors:  
o Tim Goodacre  
o Nick Harris  
o Alan Isaac  
o Mark Hutton  
o Nadine Tunley  
 
For further information contact:  
Steve Kennelly  
Chief Financial Officer  
Scales Corporation Limited  
+64 3 371 2263 / +64 274 317587  
www.scalescorporation.co.nz  
End CA:00335975 For:SCL Type:MEETING Time:2019-06-13 11:28:49