Results of General Meeting of Paradise Beverages (Fiji) Limited

The following resolutions were passed at the General Meeting of the Shareholders of Paradise Beverages (Fiji) Limited that was held at the Paradise Beverages (Fiji) Limited Board Room, 122-164 Foster Road, Walu Bay, Suva on Wednesday 31 May 2017.

The following resolutions were passed at the General Meeting of the Shareholders of Paradise Beverages (Fiji) Limited that was held at the Paradise Beverages (Fiji) Limited Board Room, 122-164 Foster Road, Walu Bay, Suva on Wednesday 31st May 2017 that commenced at 1:00pm:

Resolution 1
To receive, consider and adopt the Minutes of the previous Annual General Meeting held on 26th May 2016 as correct record of the Meeting.

The motion was carried as an ordinary resolution by unanimous show of hands.

Resolution 2
To receive, consider and adopt the Audited Financial Position and Comprehensive Income Statement and the reports of the Directors and Auditors, for the year ended 31 December 2016.

The motion was carried as an ordinary resolution by unanimous show of hands.

Resolution 3
To consider and if thought fit, elect Mr Shane Richardson as a director of the Company. Mr Shane Richardson retired by rotation in accordance with article 82 of the Company’s Constitution, and being eligible offered himself for re-appointment as a Director of the Company.

The motion was carried as an ordinary resolution by unanimous show of hands.

Resolution 4
To consider and if thought fit, elect Mr Alex Nario as a director of the Company. Mr Alex Nario retired by rotation in accordance with article 82 of the Company’s Constitution, and being eligible offered himself for re-appointment as a Director of the Company.

The motion was carried as an ordinary resolution by unanimous show of hands.

Resolution 5
To appoint Ernst & Young as auditors of the Company for the year ending 31 December 2017 and that the Board be authorized to fix their remuneration.

The motion was carried as an ordinary resolution by unanimous show of hands.

Resolution 6
To declare a final dividend of 30 cents per share for the year ended 31 December 2016.

The motion was carried as an ordinary resolution by unanimous show of hands.

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