AGMs

1 question lodged at 2025 ASA hybrid AGM


May 6, 2025

Below is the text of the single written questions submitted at the 70 minute Australian Shareholders' Association hybrid AGM held in Sydney on May 6, 2025, and through the Lumi online meeting and voting platform. Both director candidates were comfortably elected.

Q1. Is it time for ASA to stop voting against shareholder resolutions at ASX200 AGMs proposing constitutional amendments to allow for opinion based shareholder resolutions. If ASA is a shareholder rights group, why would we oppose constitutional changes that give shareholders a greater opportunity to voice concerns through a vote at an AGM or EGM. Sure, boards don't like these proposals, but they are pro-shareholder, enhance board scrutiny and should be supported by ASA.

Answer: The chair Steve Mabb said they would examine this in the coming review of ASA's voting's voting guidelines. Watch video of exchange via Twitter.