In accordance with section 45 of the Takeovers Act 1993, on 5 July 2024 the Takeovers Panel approved the granting of the exemptions contained in the Takeovers Code (Scott Technology Limited) Exemption Notice 2024.

The exemption and the reasons for granting it may be viewed at: https://www.takeovers.govt.nz/assets/Exemptions/50a6d8f29d/Takeovers-Code-JBS-S.A.-_-Scott-Technology-Limited-Exemption-Notice-2024.pdf.

Dated at Auckland this 10th day of July 2024.