Sylvania Waterways Ltd
AGM 23 October 2019
Results

Dear Directors & Members,

I am pleased to announce the results of the Annual General Meeting, which was held on Wednesday October 23rd 2019 at 7:00pm.

These being as follows:

Item 6: RESOLVED That the Financial Statements for the year ended 30th June 2019 be adopted.

VOTES FOR: 63

VOTES AGAINST: NIL

VOTES ABSTAINED: 2

Item 8: RESOLVED that the Board be authorised to negotiate, contract and transact on an arms length basis and for fair market
value with the individual proprietors of: 227 & 229 Belgrave Esplanade, 15,17,19,21 & 23 Wollondilly Place and 25,27,29,31 & 33
Bellinger Place; For the purpose of transferring and divesting part or all of the Company’s interest in the waterfront strip of land
adjacent to the aforementioned proprietors of those properties.

VOTES FOR: 59

VOTES AGAINST: 2

VOTES ABSTAINED: 4

Item 10.1: RESOLVED that Mr John Bechaye be re-elected as Director of the Company

VOTES FOR: 62

VOTES AGAINST: NIL

VOTES ABSTAINED: 3

Item 10.2: RESOLVED that Mr Francois Jouy be re-elected as Director of the Company

VOTES FOR: 61

VOTES AGAINST: NIL

VOTES ABSTAINED: 4

Item 10.3: RESOLVED that Mr Nick Silvestro be re-elected as a Director of the Company.

VOTES FOR: 62

VOTES AGAINST: NIL

VOTES ABSTAINED: 3

Sincerely,
Tony Noun
Chairman Sylvania Waterways Limited