2017 ASM Minutes

Page 1

MEETING MINUTES MEETING: HELD ON: AT: PRESENT:

APOLOGIES: IN ATTENDANCE:

1

Annual Shareholders’ Meeting Tuesday 7 November 2017 at 10.30 am Vodafone Events Centre, 770 Great South Road, Manukau, Joan Withers (Chair) Patrick Strange Prue Flacks Mike Taitoko James Miller Andy Lark Keith Smith Scott St John None Nicky Ashton, Future Director Mercury Executive Management team Approximately 300 shareholders, Mercury staff and other guests

Opening of Meeting

The Chair opened the meeting after announcing that it had been duly convened and constituted and that a quorum was present. The Chair welcomed shareholders to the meeting.

2

Notice of Annual Meeting

The Chair referred to the Notice of Annual Meeting dated 29 September 2017 which had been sent to shareholders.

3

Agenda of Meeting

The Chair introduced the agenda for the meeting and outlined the voting procedures, and in particular that voting at the meeting would be by way of poll.

4

Chair’s Address

Joan Withers delivered the Chair’s address, which was also released to the market.

5

Chief Executive’s Address

Fraser Whineray delivered the Chief Executive’s address, which was also released to the market.

6

Business and Resolutions

The resolutions were introduced and moved by the Chair. The directors standing for re-election (Andy Lark and Patrick Strange) each addressed the meeting. The director standing for election (Scott St John) addressed the meeting. Each resolution was opened for discussion. The Chair put the following resolutions to the meeting, with voting by way of poll. 1. Re-election of Director: Andy Lark The Chair moved that Andy Lark, who retires by rotation and is eligible for re-election, be re-elected as a director of the Company. The resolution was passed with 1,021,962,613 votes for and 987,379 against. 2. Re-election of Director: Patrick Strange The Chair moved that Patrick Strange, who retires by rotation and is eligible for re-election, be re-elected as a director of the Company. The resolution was passed with 1,018,830,494 votes for and 4,150,969 against.



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