Results of Annual Shareholder Meeting

Market Information NZX Limited Level 1, NZX Centre 11 Cable Street Wellington New Zealand Company Announcements Office Australian Stock Exchange Limited Exchange Centre Level 6, 20 Bridge Street Sydney NSW 2000 Australia 2 February 2022 RESULTS OF ANNUAL SHAREHOLDER MEETING At Tower Limited's annual shareholder meeting, held online via Computershare on 2 February 2022, shareholders were asked to vote on five resolutions, which were supported by the Board. The five resolutions, which were passed by shareholders, were: 1. That the Board be authorised to determine the auditor's fees and expenses for the 2022 financial year. 2. That Warren Lee, who retires on rotation in accordance with NZX Listing Rule 2.7.1, be re-elected as a Director of Tower. 3. That Graham Stuart, who retires on rotation in accordance with NZX Listing Rule 2.7.1 be re-elected as a Director of Tower. 4. That Marcus Nagel, who retires on rotation in accordance with NZX Listing Rule 2.7.1 be re-elected as a Director of Tower. 5. That the scheme of arrangement relating to the return of capital to shareholders, as set out in the Arrangement Document annexed to the Notice of Meeting, dated 22 December 2021, be approved. As required by the NZX Listing Rules, voting was conducted by poll. Details of the total number of votes cast in person or by a proxy holder are: Resolution 1: That the Board be authorised to determine the auditor's fees and expenses for the 2022 financial year For:143,437,244 (99.20%) Against:1,150,820 (0.80%) Abstain:2,923,531 Resolution 2: That Warren Lee, who retires on rotation in accordance with NZX Listing Rule 2.7.1, be re-elected as a Director of Tower For:143,896,659 (99.54%) Against:664,970 (0.46%) Abstain: 2,949,966 Resolution 3: That Graham Stuart, who retires on rotation in accordance with NZX Listing Rule 2.7.1 be re-elected as a Director of Tower For:137,505,568 (95.12%) Against:7,056,061 (4.88%) Abstain:2,949,966 Resolution 4: That Marcus Nagel, who retires on rotation in accordance with NZX Listing Rule 2.7.1 be re-elected as a Director of Tower. For: 144,176,722 (99.74%) Against: 381,823 (0.26%) Abstain: 2,953,050 Resolution 5: That the scheme of arrangement relating to the return of capital to shareholders, as set out in the Arrangement Document annexed to the Notice of Meeting, dated 22 December 2021, be approved For: 146,101,721 (99.46%) Against: 790,839 (0.54%) Abstain: 832,672 ENDS This announcement is authorised by: Blair Turnbull Chief Executive Officer Tower Limited For media enquiries, please contact in the first instance: Emily Davies Head of Corporate Affairs and Reputation +64 21 815 149 emily.davies@tower.co.nz End CA:00386743 For:TWR Type:MEETING Time:2022-02-02 13:35:28