Change of FY21 ASM to online format

Change of FY21 ASM to online format

NZ Automotive Investments Limited (NZX:NZA) today announces that the FY21 Annual shareholders meeting will still go ahead on the 25th August 2021 at 4:00pm using an online format.

NZ Automotive Investments (NZA) published a Notice of Meeting on 27 July 2021 in relation to its 2021 Annual General Meeting, advising that the meeting will be held on the 25th of August 2021 commencing at 4.00 pm at Ellerslie Events Centre in Auckland.

Unfortunately, due to the current restrictions caused by the recent COVID-19 outbreak in New Zealand, NZA Shareholders will no longer be able to attend the Annual Meeting in person. Therefore, our previously advised contingency plan will be enacted with our online solution.

We advise that those shareholders who wish to attend can only participate online by way of Zoom attendance. This format allows all shareholders to attend without the need to travel and ensures compliance with the current government COVID-19 guidelines. We appreciate the support and understanding of regarding this arrangement.

VIRTUAL SHAREHOLDER MEETING
To participate in the meeting online we will post a link to join the virtual meeting platform on our website, you will be required to register in order to join. After Registering you will receive an email confirmation.

https://www.nzautomotiveinvestments.co.nz/AGM/
It is advised to register with a free Zoom account to ensure the meeting runs smoothly and so you have all the functionality at the meeting.

Please note, you will need to provide your CSN number when registering, this is found on your proxy form and is needed for verification purposes. Shareholders are requested to vote via their proxy form before the meeting. Please refer to instructions on your proxy form on how to vote.

Shareholders are advised that they are able to vote during the meeting but are encouraged to vote in advance.

NZA offers the facility for shareholders to submit questions to the Board and CEO via the online platform during the meeting. The Chair, supported by the board will answer as many of the most frequently asked questions as possible during the Meeting.

Ends

Shareholder enquiries:

David Page
CEO
+64 21 980 795
David.p@nzautomotiveinvestments.co.nz

Haydn Marks
CFO
+64 21 2211 040
Haydn.m@nzautomotiveinvestments.co.nz

About NZAI
NZAI is an integrated used automotive group operating throughout New Zealand via two subsidiaries: Automotive Retail and Vehicle Finance. NZAI’s mission is to deliver quality cars and financing solutions at the most affordable prices to the average New Zealander. Operating under the “2 Cheap Cars” brand, its Automotive Retail company is one of the largest used vehicle sellers in New Zealand with 12 dealerships across the country. Its Vehicle Finance company operates under the “NZ Motor Finance” brand. It was established in 2019 to diversify earnings and provide a further growth opportunity for NZAI. It originates loans entirely from cross-selling to Automotive Retail customers, which allows NZ Motor Finance to grow its finance book with minimal acquisition and administrative costs. www.nzautomotiveinvestments.co.nz

Change of FY21 ASM to online format