ASX ANNOUNCEMENT

16 November 2016

Manager of Company Announcements ASX Limited

Level 6, 20 Bridge Street

SYDNEY NSW 2000

By E-Lodgement 2016 ANNUAL GENERAL MEETING RESULTS

Otto Energy Ltd (ASX: OEL) ("Otto") is pleased to announce in accordance with Listing Rule 3.13.2 and Section 251AA of the Corporations Act the attached Results of the 2016 Annual General Meeting of shareholders.

Resolutions 1, 2, 4 and 5 were passed as Ordinary Resolutions by a show of hands.

Resolution 3 was passed as a Special Resolution by a show of hands. Please find attached 2016 Annual General Meeting proxy results.

Yours faithfully

Neil Hackett

Company Secretary

32 Delhi Street, West Perth WA 6005 Australia PO Box 1414, West Perth, WA 6872 Australia T: +61 8 6467 8800 F: +61 8 6467 8801

info@ottoenergy.com ASX Code: OEL ABN: 56 107 555 046

Resolution Summary Resolution 1 - Adoption of Remuneration Report (Non Binding)

TOTAL

FOR

AGAINST

ABSTAIN

OPEN

Votes

277,831,325

267,247,934

1,982,804

497,484

8,600,587

Resolution 2 - Re-election of Mr Ian Macliver as Director

TOTAL

FOR

AGAINST

ABSTAIN

OPEN

Votes

308,877,994

297,178,060

3,100,847

5,027,763

8,599,087

Resolution 3 - Approval of 10% placement capacity

TOTAL

FOR

AGAINST

ABSTAIN

OPEN

Votes

313,516,123

290,598,450

14,318,586

389,634

8,599,087

1

Resolution Summary Resolution 4 - Approval of the Performance Rights Plan

TOTAL

FOR

AGAINST

ABSTAIN

OPEN

Votes

289,187,727

273,361,479

7,227,161

436,134

8,599,087

Resolution 5 - Approval of the Employee Option Plan

TOTAL

FOR

AGAINST

ABSTAIN

OPEN

Votes

289,149,198

273,212,848

7,021,518

274,663

8,914,832

2

Otto Energy Limited published this content on 16 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 November 2016 03:38:05 UTC.

Original documenthttp://www.ottomanenergy.com/irm/PDF/2087/ResultsofMeeting

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