Producer

VOTING PROCESS AT A GLANCE TO APPROVE SHARE ISSUE, BUY-BACK AND DISTRIBUTION AS A MAJOR TRANSACTION

Resolution seven is to obtain shareholder approval of the Board’s proposed share issuances to producers that have no shares or are undershared (have less than one share per tray of actual or deemed production), buy-backs from shareholders that have no production, are overshared (have more than four shares per tray of actual production) and/or have shares above one share per tray of actual production, and distribution of any excess capital resulting subject to the needs of the business at the time. The Board has not yet finalised the details of the transaction, but in the event that the value of the transaction reaches the major transaction threshold under the Companies Act 1993, it requires shareholder approval. The voting options below show how you as an individual producer might vote, based on which particular outcome you wish to support.

Whilst Zespri has endeavoured to ensure that the information provided in these documents is accurate, the proposals for amendments to Zespri's constitution are still in the process of being finalised, and therefore may be subject to change. Zespri shall not be directly or indirectly liable (whether in contract, tort or otherwise) to any person for any statement, representation, misrepresentation inaccuracy, omission or otherwise in respect of, or any reliance by any person on, any information or documentation Zespri or any of its representatives directly or indirectly makes available or otherwise discloses (whether orally or in writing) in this document or in relation to this document. Updates to the proposals will be made available here on the website and the final proposals will be contained in the proposed constitution issued for voting purposes prior to the Special Meeting.