Clean Seas Seafood Limited

AGM Information • Jun 21, 2021

ASX & OSE Media Release

21 June 2021

Results of 2021 Extraordinary General Meeting

In accordance with Listing Rule 3.13.2 and in accordance with section 251AA of the Corporations Act 2001 (Cth), the Directors of Clean Seas Seafood Limited (ASX: CSS) ("Clean Seas Seafood" or "the Company") advise the following results of the resolutions put to shareholders at the 2021 Extraordinary General Meeting held earlier today.

All resolutions were carried by way of a poll. Details of the resolutions and the proxies received in respect of each resolution are set out in the attached proxy summary.

Authorised for release by the Board of Clean Seas Seafood Limited (ASX: CSS).

For further information on Clean Seas Seafood, please contact:

Rob Gratton	Andrew Angus
CEO	Investor Relations
rob.gratton@cleanseas.com.au	andrewangus@overlandadvisers.com.au
+61 434 148 979	+61 402 823 757

About Clean Seas Seafood Limited (ASX:CSS, OSE: CSS)

Clean Seas Seafood Limited is a fully integrated Australian Aquaculture business listed on the Australian Securities Exchange (ASX), with a secondary listing on the Euronext Growth (OSE).

Clean Seas is the global leader in full cycle breeding, farming, processing and marketing of its Hiramasa or Yellowtail Kingfish (Seriola lalandi). Clean Seas is recognised for innovation in its sustainable Yellowtail Kingfish farming and has become the largest producer of aquaculture Yellowtail Kingfish outside Japan.

Yellowtail Kingfish is a species native to the Spencer Gulf of South Australia and Clean Seas produces it in its natural environment - this provenance gives Clean Seas a sustainability and product quality advantage for this highly attractive species. Clean Seas Yellowtail Kingfish is renowned amongst leading chefs and restaurants around the world for its exceptional quality.

Clean Seas benefits from strong growth momentum in restaurants and retailers globally, and the company is exposed to important megatrends such as consumer nutrition, sustainable protein production, rising incomes, environmental awareness and new sustainable food technologies to reduce carbon footprints.

Clean Seas is headquartered at its processing facility in Royal Park in Adelaide, South Australia while its hatchery is at Arno Bay and its fish farms are at Port Lincoln, both on the Eyre Peninsula of South Australia.

A webcast presentation held by CEO Rob Gratton, followed by a questions and answer session, was held 19 May. A recording of the event is available on the following link: https://bit.ly/3fr6KE0

Clean Seas Seafood Limited General Meeting Monday, 21 June 2021 Results of Meeting

The following information is provided in accordance with section 251AA(2) of the Corporations Act 2001 (Cth) and ASX Listing Rule 3.13.2.

Resolution details		Instructions given to validly appointed proxies (as at proxy close)			Number of votes cast on the poll (where applicable)			Resolution Result
Resolution	Resolution Type	For	Against	Proxy's Discretion	Abstain	For	Against	Abstain*	Carried / Not Carried
1. Ratification of prior issue of Tranche 1 Placement Shares under Listing Rule 7.1	Ordinary	23,166,454 91.08%	2,083,661 8.19%	186,017 0.73%	52,312	29,418,307 93.29%	2,117,103 6.71%	52,312	Carried
2. Approval to issue the Tranche 2 Placement Shares (Excluding the Tranche 2 Placement Shares proposed to be issued pursuant to resolutions 3 to 7)	Ordinary	22,724,042 90.38%	2,232,612 8.88%	186,017 0.74%	54,298	28,975,895 92.75%	2,266,054 7.25%	54,298	Carried
3. Approval to issue shares to the entities controlled by Roger Hofseth (Hofseth Entities) - Tranche 2 Placement	Ordinary	23,085,776 90.26%	2,305,031 9.01%	186,017 0.73%	5,616	29,337,629 92.62%	2,338,473 7.38%	5,616	Carried
4. Approval to issue shares to Bonafide Wealth Management AG (Bonafide) - Tranche 2 Placement	Ordinary	6,283,268 71.43%	2,326,601 26.45%	186,017 2.11%	16,786,554	12,535,121 84.16%	2,360,043 15.84%	16,786,554	Carried
5. Approval to issue shares to Marcus Anthony Stehr (Mr Marcus Stehr) (Tranche 2 Placement) - Director Participation in Placement	Ordinary	23,004,181 89.98%	2,381,176 9.31%	181,467 0.71%	15,616	29,251,484 92.37%	2,414,618 7.63%	15,616	Carried
6. Approval to issue shares to Gilbert Andre Vergeres (Mr Gilbert Vergeres) (Tranche 2 Placement) - Director Participation in Placement	Ordinary	22,998,181 89.95%	2,387,176 9.34%	181,467 0.71%	15,616	29,245,484 92.36%	2,420,618 7.64%	15,616	Carried
7. Approval to issue shares to Travis Andrew Dillon (Mr Travis Dillon) (Tranche 2 Placement) - Director Participation in Placement	Ordinary	22,992,420 89.95%	2,387,176 9.34%	181,467 0.71%	21,377	29,239,723 92.35%	2,420,618 7.65%	21,377	Carried

* Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.