Ann: MEETING: SNK: Snakk Notice of Annual Meeting

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• Summary: MEETING: SNK: Snakk Notice of Annual Meeting
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					SNK
01/09/2014 17:18
MEETING

REL: 1718 HRS Snakk Media Limited

MEETING: SNK: Snakk Notice of Annual Meeting

SNK - Meeting

1 September 2014

NOTICE OF ANNUAL MEETING OF SHAREHOLDERS OF SNAKK MEDIA LIMITED

Notice is hereby given to all Shareholders that the Annual Meeting of
Shareholders (Meeting) of Snakk Media Limited (Snakk Media or Company) will
be held in the Sir Paul Reeves Building, AUT University, City Campus,
Governor Fitzroy Place, Te Iringa room (WG308) on Tuesday, 16th September
2014 at 4:30 pm.

Business

A.  Chairman's Introduction

B.  Financial Statements
To receive and consider the financial statements and the auditors' report for
the year ended 31 March 2014 as contained in the Company's 2014 annual
report.

C. Resolutions
To consider, and if thought fit, to pass, the following ordinary resolutions:

Resolution 1 - Re-election of Mr. Derek Handley as a Director of the Company
Mr. Handley retires in accordance with NZAX Listing Rule (Rule) 3.2.6 and the
Constitution of the Company, and being eligible, offers himself for
re-election. Accordingly, the Shareholders of the Company are requested to
consider and, if thought fit, pass the following resolution as an ordinary
resolution:

"That Mr. Handley be re-elected as a Director of the Company."

Appointment of Auditor and Auditor's Remuneration
It is proposed to consider and, if thought fit, to pass the following
ordinary resolution:

Resolution 2 - "THAT Staples Rodway be appointed as auditor of the Company
pursuant to section 207T of the Companies Act 1993 on such terms as to fees
and expenses as are determined by the Directors of the Company."

D. CEO Review and Trading Update

E. General Business
Shareholders may submit written questions to be considered at the Annual
Shareholders Meeting.
See the Explanatory Memorandum below for further information.

By Order of the Board

ENDS

Contact:
Investors:
Malcolm Lindeque, Company Secretary, 021 464 392, [email protected],

PROXIES AND REPRESENTATIVES

Shareholders may exercise their right to vote at the Meeting either by being
present in person or by appointing a proxy to attend and vote in your place.
A proxy need not be a Shareholder of the Company. A body corporate
Shareholder may appoint a representative to attend the meeting on its behalf.
A combined admission card and proxy form is enclosed with this Notice of
Meeting. If you wish to attend the Annual Shareholders Meeting and vote,
please bring this admission card with you to the meeting.

If you wish to vote by proxy you must complete and sign the proxy form and
send it to the Company's share registrars, Computershare Investor Services
Limited, no later than 48 hours prior to commencement of the Meeting. A reply
paid envelope is enclosed if mailing the proxy form from within New Zealand.
If you wish to deposit your proxy by fax, please send it to Computershare on
fax (09) 488 8787.

EXPLANATORY NOTES
RESOLUTION 1: RE-ELECTION OF MR. DEREK HANDLEY AS A DIRECTOR

Mr. Derek Handley is retiring by rotation and offers himself for re-election.
The Board has determined that Mr. Derek Handley is an Executive Director and
does not qualify as an Independent Director. The Board unanimously recommends
that shareholders vote in favour of his re-election.

In 2001, Derek founded one of the first companies in the world that
recognised the power of mobile devices for connecting consumers, brands and
mass media called The Hyperfactory. It is the most awarded mobile agency
globally and was listed by Entrepreneur Magazine as one of the Top 100
Brightest Ideas of 2010 and Brandweek's 10 Biggest Ideas of 2008. Meredith
Corporation (NYSE:MDP) acquired the company in 2010.

Derek has won several awards recognising his success in business including
New Zealand Herald Business
Leader of the Year, Ernst & Young New Zealand 'Young Entrepreneur' of the
Year, PWC Hi-Tech Young Achiever of the Year, and a Sir Peter Blake Trust
Leader. He has also been named one of the most influential technology people
in New York, making the list of the 'Silicon Alley 100' in 2011.

In December 2011, Derek Handley donated two years of his life to work with
Sir Richard Branson, Arianna Huffington, Unilever CEO Paul Polman and many
others to help create what is now The B Team - a global leadership collective
on a mission to catalyse a better way of doing business for the wellbeing of
people and the planet.

He also carries the B-Team vision with him as an Adjunct Executive Professor
at AUT University, Chair and Co-Founder of NZAX-listed B-Corp Snakk Media,
Board Director at Sky Television, founder of late-stage technology investment
fund Iliad, New Zealand Arts Foundation Trustee, and as an
Astronaut-in-Waiting at Virgin Galactic.

RESOLUTION 2: AUDITOR APPOINTMENT AND REMUNERATION

It is prudent governance to undertake a review of the provision of audit
services on a regular basis and the Board undertook a thorough review of the
audit services provided to the Company and its subsidiaries earlier this
year. Due to the size of the business the tender was opened to mid-tier audit
service firms to provide proposals. PwC our previous auditor, did not tender
for the audit.

The outcome of the review was the selection of Staples Rodway as the
preferred supplier.

Accordingly, the Board proposes that the Company appoint Staples Rodway as
auditor of the Company in place of PricewaterhouseCoopers in accordance with
section 207T of the Companies Act 1993. Staples Rodway has indicated its
willingness to act as auditor of the Company. The proposed ordinary
resolution also authorises the Board to fix the fees and expenses of the
auditor for the ensuing year.

GENERAL BUSINESS
Shareholders may submit written questions to be considered for answering at
the Annual Shareholders Meeting. Written questions should be sent by post to
"ASM Questions", Snakk Media Limited, PO Box 302430, North Harbour, Auckland
0751, or by email to [email protected]. The Company reserves the right
not to consider any written question that, in the Board's opinion, is not
reasonable in the context of an Annual Shareholders Meeting or any question
received fewer than five workings days prior to the Annual Shareholders
Meeting (i.e. after 8 September 2014).
End CA:00254692 For:SNK    Type:MEETING    Time:2014-09-01 17:18:07