Asset Resolution : EGM Presentation

ASSET RESOLUTION LIMITED EXTRAORDINARY GENERAL MEETING

20 JUNE 2022, 11:00 AM (AEST)

RESOLUTIONS

Resolution 1 - Potential return of capital to Shareholders

• To consider and, if thought fit, to pass the following resolution as an ordinary resolution:
• That approval is given for the purposes of Part 2J.1 of the Corporations Act and for all other purposes of the Company to reduce its share capital by up to $19.1 million in accordance with sections 256B and 256C of the Corporations Act 2001 (Cth) by way of an equal capital reduction that will pay each Shareholder the amount of up to $5.73 per Share, on the terms described in the Explanatory Statement accompanying this Notice.

FOR	OPEN	AGAINST	ABSTAIN
557,596	13,309	4,522	338
96.90%	2.31%	0.79%	Abstain votes are not counted in determining whether or
not the required majority of votes were cast for or
			against that item

EXTRAORDINARY GENERAL MEETING

20 June 2022

RESOLUTIONS

Special Resolution 2 - Delisting

• Subject to Resolution 1 being passed, to consider and, if thought fit, to pass the following resolution as a special resolution:
• That approval is given for the purpose of NSX Listing Rule 2.25 and for all other purposes of the Company to withdraw the listing of the Company from the NSX and that the Directors be authorised to do all things necessary to give effect to the delisting of the Company from the NSX.
• Resolution 2 is a Special Resolution requiring at least 75% of the votes cast by Shareholders entitled to vote on Resolution 2 to be in favour of the Resolution in order for it to pass.

FOR	OPEN	AGAINST	ABSTAIN
512,742	44,717	12,765	5,468
89.92%	7.84%	2.24%	Abstain votes are not counted in determining whether or
not the required majority of votes were cast for or
			against that item

EXTRAORDINARY GENERAL MEETING

20 June 2022