VOLT GROUP LIMITED — Declaration of Voting Results & Voting Rights Announcements 2021

May 6, 2021

RESULT OF ANNUAL GENERAL MEETING (ASX REPORT)

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VOLT POWER GROUP LIMITED

ANNUAL GENERAL MEETING

Friday, 7 May, 2021

As required by section 251AA(2) of the Corporations Act 2001 (Commonwealth) the following statistics are provided in respect of each resolution on the agenda.

Resolution Voted on at the meeting	Resolution Voted on at the meeting	Resolution Voted on at the meeting		Proxy Votes (as at proxy close)	Proxy Votes (as at proxy close)	Proxy Votes (as at proxy close)	Proxy Votes (as at proxy close)		Poll (Manner in which votes were cast in person or by proxy on a poll (where applicable) on a poll at the meeting	Poll (Manner in which votes were cast in person or by proxy on a poll (where applicable) on a poll at the meeting	Poll (Manner in which votes were cast in person or by proxy on a poll (where applicable) on a poll at the meeting
No	Short Description	Strike Y/N/NA		For	Against	Discretionary (open votes)	Abstain		For	Against	_Abstain _**		Result
1	REMUNERATION REPORT	NA		1,789,259,792 97.01%	4,519,337 0.25%	50,633,723 2.75%	2,501,331		1,893,143,515 99.76%	4,519,337 0.24%	2,501,331		Carried
2	RE-ELECTION OF MR PETER TORRE AS A DIRECTOR	NA		2,629,014,457 97.96%	4,099,337 0.15%	50,633,723 1.89%	1,166,666		4,058,398,180 99.90%	4,099,337 0.10%	1,166,666		Carried
3	APPROVAL OF INCENTIVE OPTION SCHEME	NA		1,783,683,976 96.58%	11,429,818 0.62%	51,800,389 2.80%	0		1,888,734,365 99.40%	11,429,818 0.60%	0		Carried
4	RATIFICATION OF ISSUE OF OPTIONS	NA		2,565,318,863 97.54%	12,794,931 0.49%	51,800,389 1.97%	55,000,000		3,995,869,252 99.68%	12,794,931 0.32%	55,000,000		Carried
5	ISSUE OF OPTIONS TO A DIRECTOR - MR ADAM BOYD	NA		1,782,296,613 96.56%	12,814,681 0.69%	50,633,723 2.74%	1,169,166		1,886,180,336 99.33%	12,814,681 0.67%	1,169,166		Carried
6	ISSUE OF OPTIONS TO A DIRECTOR - MR SIMON HIGGINS	NA		1,772,296,613 96.54%	12,794,681 0.70%	50,653,723 2.76%	11,169,166		1,876,200,336 99.32%	12,794,681 0.68%	11,169,166		Carried
7	ISSUE OF OPTIONS TO A DIRECTOR - MR PETER TORRE	NA		1,772,316,613 96.54%	12,794,681 0.70%	50,633,723 2.76%	11,169,166		1,876,200,336 99.32%	12,794,681 0.68%	11,169,166		Carried
8	APPROVAL OF TERMINATION BENEFITS	NA		1,782,276,363 96.50%	14,001,597 0.76%	50,633,723 2.74%	2,500		1,886,160,086 99.26%	14,001,597 0.74%	2,500		Carried
9	SECTION 195 APPROVAL	NA		1,782,997,707 96.62%	4,212,724 0.23%	58,223,639 3.16%	1,480,113		1,894,471,346 99.78%	4,212,724 0.22%	1,480,113		Carried
** - Note that votes relating to a person who abstains on an item are not counted in determining whether or not the required majority of votes were cast for or against that item

• ** - Note that votes relating to a person who abstains on an item are not counted in determining whether or not the required majority of votes were cast for or against that item

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Printed: 7/05/2021 11:15:39AM

This report was produced from the Link Market Services Meeting System