Results of Heartland 2018 Annual Shareholder Meeting

Results of Heartland 2018 Annual Shareholder Meeting 19 September 2018 Heartland Bank Limited (Heartland) (NZX: HBL) is pleased to advise that all resolutions put to shareholders at its Annual Meeting were passed. All resolutions were decided by poll and the results are set out below. Resolution 1: That the Restructure (details of which are set out in the Scheme Booklet) is approved For: 333,558,468 (99.57%) Against: 1,450,852 (0.43%) Abstain: 9,484,391 Resolution 2: That John Harvey, who retires by rotation and is eligible for re-election, be re-elected as a director of Heartland Bank For: 323,941,838 (99.45%) Against: 1,794,132 (0.55%) Abstain: 14,641,544 Resolution 3: That Graham Kennedy, who retires by rotation and is eligible for re-election, be re-elected as a director of Heartland Bank For: 324,607,176 (99.34%) Against: 2,161,935 (0.66%) Abstain: 13,609,103 Resolution 4: That Vanessa Stoddart, who retires by rotation and is eligible for re-election, be re-elected as a director of Heartland Bank For: 324,271,813 (99.44%) Against: 1,810,477 (0.56%) Abstain: 14,292,924 Resolution 5: That the board be authorised to fix the remuneration of Heartland's auditor, KPMG, for the following year For: 327,187,956 (99.48%) Against: 1,696,385 (0.52%) Abstain: 11,660,880 - Ends - For further information, please contact: Julia Belk Investor Relations Manager Heartland Bank Limited DDI 09 926 3837 Julia.belk@heartland.co.nz End CA:00324090 For:HBL Type:MEETING Time:2018-09-19 17:08:08