Serko (SKO) EGM 2026 summary

Opening remarks and agenda

• Chair welcomed shareholders, outlined voting and Q&A procedures, and confirmed quorum for the meeting.

• Meeting structure included an introduction, shareholder Q&A, and formal business with resolutions.

Specific resolutions to be voted on

• Resolution 1: Approval to issue just over 2.1 million RSUs as executive incentive awards for FY 2026 under two schemes (EDSTI and ELTI).

• Resolution 2: Approval to issue up to 2 million RSUs as sign-on stock awards for strategic new hires, with vesting over three years and board approval for each grant.

• Proposal to issue RSUs above the 3% threshold set by NZX Listing Rules for employee issuances, requiring shareholder approval.

• Combined, the resolutions would allow issuance of up to 4,146,013 RSUs, or 3.28% of shares on issue.

Strategic initiatives and plans

• Three strategic initiatives: launch of Serko.ai (multi-agent AI solution), scaling Booking.com for Business, and targeting U.S. corporates for growth.

• RSUs are central to attracting and retaining talent for strategic growth.

• Focus on delivering a $250m FY30 aspiration, contingent on key partnerships.