Annual General Meeting

Notice of Annual General Meeting

The Annual General Meeting of shareholders of EA Networks (Electricity Ashburton Limited) will be held at Hotel Ashburton, 11 Racecourse Road, Ashburton on 27 August 2025 at 5:00 pm.

Business

1. To provide a briefing on the business and related industry matters.
2. To receive the report from the Shareholders’ Committee for year ended 31 March 2025.
3. To review the minutes of the Annual General Meeting held on 29 August 2024.
4. To receive and review the Annual Report and Financial Statements for the year ended 31 March 2025.
5. To affirm re-appointment of PricewaterhouseCoopers (PwC) as the company’s auditor. 
   
   PwC is the current auditor of the company and has indicated its willingness to continue in office. Pursuant to section 207T of the Companies Act 1993, PwC is automatically re-appointed at the Annual General Meeting as auditor of the company.
6. To consider and, if thought fit, to pass the following ordinary resolution (Resolution 1): That the board be authorised to fix the auditor’s remuneration.
7. To consider and, if thought fit, to pass the following ordinary resolution (Resolution 2): That the pool of funds available for the remuneration of Directors be increased by an amount of $11,993 (3.2%) per annum, from a maximum of $374,762 per annum to a maximum of $386,755 for the year ending 31 March 2026 to all Directors taken together. 
   
   Directors and their associates are excluded from voting on this resolution in respect of their own shares and discretionary proxies
8. To advise the appointment of directors.
9. To transact any other business that may be properly brought before the meeting.

Appendices:

 Appointment of Proxy

Minutes from the previous meeting

Minutes from the 2024 AGM

Annual Report

Annual Report

Summary Annual Report