PRINCIPAL AND REGISTERED OFFICE Suite 5 CPC 145 Stirling Highway Nedlands, WA Australia, 6009 ABN: 16 124 251 396 OPERATIONS 7 Bolt Place Christchurch Airport Christchurch 8053 New Zealand CONTACT E info@nzcs.co P +61 8 9389 3170 ASX CODE : NZS www. nzcs.co 25 November 20 2 1 Results of Annual General Meeting New Zealand Coastal Seafoods Limited ( ASX:NZS ) (“ NZCS ”, the “ Company ”) today held its 20 2 1 Annual General Meeting as a hybrid meeting, by virtual meeting facility and at the Victory Offices of Perth, Level 17/2 The Esplanade, Perth WA 6000 . All Resolutions were determined by a poll. The outcome of each resolution put to shareholders at the Annual General Meeting is set out in the Annexure which accompanies this release. Authority: This announcement has been approved by the Erlyn Dale, Non - Executive Director and Company Secretary . Further information: Erlyn Dale Director and Company Secretary New Zealand Coastal Seafoods Limited Email: erlyn@azc.com.au Tel. +61 8 93 893 170 Jane Morgan Investor Relations Advisor Jane Morgan Management Email: jm@janemorganmanagement.com.au Tel. +61 405 555 618 About New Zealand Coastal Seafoods N ew Zealand Coastal Seafoods (NZCS) is a New Zealand based, ASX listed, secondary producer of nutraceutical, seafood products and premium marine ingredients . The Company recently acquired Kiwi Dreams International Limited (KDI), a leading developer of innovative nutraceutical products and services including ingredient supply, quality and validation, as well as formulation and develop ment. Through the development of Nutraceutical projects, NZCS has recognised significant opportunities in this high growth market, with the global Nutraceutical market estimated at US $230.9 billion in 2018. 1 1 https://www.bccresearch.com/market - research/food - and - beverage/nutraceuticals - global - markets.html PRINCIPAL AND REGISTERED OFFICE Suite 5 CPC 145 Stirling Highway Nedlands, WA Australia, 6009 ABN: 16 124 251 396 OPERATIONS 7 Bolt Place Christchurch Airport Christchurch 8053 New Zealand CONTACT E info@nzcs.co P +61 8 9389 3170 ASX CODE : NZS www. nzcs.co Harnessing the countries reputation for pure, pristine waters and fisheries provenance, NZ C S utilise raw ingredients sourced from New Zealand’s finest deep sea fishing companies, employing a nose - to - tail philosophy to create a range of high - value products. The Company’s mission is to share the sought - after flavours of sustainably - sourced, nutritious, healthy and organic goodness of New Zealand’s seafood with Asian consumers, through expanding distributor, wholesale and consumer channels. NZ C S’s growth strategy is focused on the development of a new n utraceutical product range and increasing production and sales of its flagship, collagen - rich, dried ling maw range and developing high - value ready - to - eat, FMCG products for export into new and existing markets. Disclosure of Proxy Votes NEW ZEALAND COASTAL SEAFOODS LIMITED Annual General Meeting Thursday, 25 November 2021 In accordance with section 251AA of the Corporations Act 2001, the following information is provided in relation to resolutions put to members at the meeting. Automic GPO Box 5193, Sydney, NSW 2001 P 1300 288 664 (aus) or +61 (0)2 9698 5414 (world) F +61 (0)2 8583 3040 E hello@automic.com.au ABN 27 152 260 814 Proxy Votes Resolution Decided by Show of Hands (S) or Poll (P) Total Number of Proxy Votes exercisable by proxies validly appointed FOR AGAINST ABSTAIN PROXY'S DISCRETION FOR AGAINST ABSTAIN 1 Adoption of Remuneration Report P 70,148,545 61,901,389 88.24% 7,513,406 10.71% 3,909,232 733,750 1.05% 70,135,139 90.32% 7,513,406 9.68% 3,909,232 2 Election of Director – Evan Hayes P 234,829,922 230,270,863 98.06% 4,264,540 1.82% 219,572 294,519 0.13% 238,065,382 98.24% 4,264,540 1.76% 219,572 3 Election of Director – Nathan Maxwell-Mcginn P 234,829,922 230,193,622 98.03% 4,341,781 1.85% 219,572 294,519 0.13% 237,988,141 98.21% 4,341,781 1.79% 219,572 4 Re-Election of Director – Cataldo Miccio P 231,451,271 226,814,971 98.00% 4,341,781 1.88% 3,598,223 294,519 0.13% 234,609,490 98.18% 4,341,781 1.82% 3,598,223 5 Approval of 7.1A Mandate P 231,213,300 222,060,768 96.04% 6,593,013 2.85% 3,836,194 2,559,519 1.11% 224,620,287 94.10% 14,093,013 5.90% 3,836,194 6 Issue of Options to Related Party – Evan Hayes P 234,779,922 223,744,951 95.30% 10,740,686 4.57% 269,572 294,285 0.13% 231,539,236 95.57% 10,740,686 4.43% 269,572 7 Issue of Options to Related Party – Nathan Maxwell-Mcginn P 234,779,922 223,704,951 95.28% 10,780,686 4.59% 269,572 294,285 0.13% 231,499,236 95.55% 10,780,686 4.45% 269,572 Poll Results Proxy Votes Resolution Decided by Show of Hands (S) or Poll (P) Total Number of Proxy Votes exercisable by proxies validly appointed FOR AGAINST ABSTAIN PROXY'S DISCRETION FOR AGAINST ABSTAIN 8 Ratification of Prior Issue of Performance Rights – Listing Rule 7.1 P 234,962,476 221,474,787 94.26% 10,928,404 4.65% 87,018 2,559,285 1.09% 224,034,072 92.40% 18,428,404 7.60% 87,018 9 IMPORTANT - Please note that if you vote in favour of Resolution 9 and should this resolution be passed, the Company will be required to hold a Spill Meeting and all existing directors will cease to hold office. Spill Resolution - If less than 25% of the votes cast on Resolution 1 are voted against adoption of the Remuneration Report, the Chair will withdraw Resolution 9. - 68,205,143 7,217,494 10.58% 56,299,173 82.54% 166,844,351 4,688,476 6.87% Resolution withdrawn Poll Results

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