Capricorn Members in New Zealand were recently given the opportunity to vote for a new Member Director who would represent their zone on the Capricorn Board. It was announced that James Candish has been elected to serve a four-year term representing New Zealand, replacing Phil Saxton. On behalf of the Capricorn team, we extend a warm welcome to James as the new NZ Member Director and look forward to working with him in his new role.

We would like to take this opportunity to express our gratitude to Phil Saxton for his eight years of devoted service as the Member-elected Director for New Zealand. Phil was elected to the Capricorn Society Board in 2015 and has been a passionate and dedicated member throughout his tenure. His love for the automotive industry, as well as for Capricorn and its Members, has always been apparent. On behalf of the Capricorn Board, we thank Phil and wish him and his family all the best.

To learn more about our Directors visit capricorn.coop/about/our-directors.

At the AGM, Members approved the selective share buy-back resolution, meaning that subject to certain conditions Members can continue to sell their shares back to Capricorn. Members also ratified the renewed appointment of Donna-Maree Vinci as an Independent Director for a term commencing 1 August 2023 and ending on 31 July 2027.

Shares are issued by Capricorn Society Limited (ACN 008 347 313). No offer of shares is made in this publication. An offer of shares will only be made in, or accompanied by, Capricorn’s Prospectus and any supplementary prospectus which is available on request or may be viewed at capricorn.coop under “Corporate Documents.” Before making any decision to apply for shares you should consider the Prospectus and any supplementary prospectus. Any application for shares must be made on the application form in or accompanying the Prospectus.