Audio highlights from 2010 Asciano AGM

October 31, 2010

Big protest of 41% against the remuneration report at the October 27 AGM in Melbourne but overall a relatively tame affair where we arrived late and only asked 4 questions.

Brief comment on remuneration criticising CEO Mark Rowsthorn

Have the proxy advisors expressed any concern about the structuring of incentive scheme?

Speaking in favour of increasing director pay and supporting chairman Malcolm Broomhead

How much is this stapled security restructure costing shareholders?