4 questions lodged at 2025 GQG Partners virtual AGM

Q1. We might be registered in Delaware, but with a primary listing on the ASX could board candidate Bryan Weekes comment on why we've never voluntarily put our remuneration report up for a non-binding advisory vote, like the vast majority of ASX listed companies have to do because of Australian law. Indeed, with the Trump administration destabilising global markets have we thought about leaving Florida & running our operations from Australia to align with the ASX listing? How much would it cost shareholders to make such a switch?

Answer: Was told it would be too expensive to move the HQ and the executives are fully aligned through shares and don't take bonuses so there's nothing to worry about with rem. Watch video of exchange via Twitter.

Q2. Could the executive chair and lead independent director both comment on GQG's approach to ESG investing, particularly the decision to have 4 oil giants - Exxon Mobil, Petrobras, Occidental Petroleum and Exelon Corp - in the top 10 holdings of the GQG Partners Global Equity Fund shortly after the 2021 float. What is the current situation in terms of GQG being negatively screened by clients because of our large exposure to fossil fuels and how exposed are we currently with oil prices remaining depressed?

Answer: The chair batted this away but at least we got a brief comment from Liz Proust, dialing in from Melbourne. Watch video of exchange via Twitter.

Q3. GQG raised $1.2b from Australian investors at $2 a share in November 2021 & with the shares closing at $2.15 yesterday, this has been a rare but modest win for investors in a recent major IPO on the ASX. Our executive chair Rajiv Jain received 85% of the float proceeds which was one of the biggest individual pay days from an Australian IPO. Given he still controls the company with a 2.07b ordinary shares worth $4.45b, what are his current succession & control plans for GQG. Also, how often does he visit Australia?

Answer: The chair... Watch video of exchange via Twitter.

Q4. More than a quarter of Donald Trump's Cabinet hails from Florida and he seems to specialise in hosting billionaires at Mara Lago. As a Florida-based billionaire, could Rajiv Jain comment on whether he has dined with Mr Trump at Mara Lago and whether any of our company's funds have been spent in any way on the US President or his wider political and business operation. What does Mr Jain think of Mr Trump's policies and approach to governing and have any Trump administration decisions adversely impacted our business so far?


Answer: The billionaire executive chair Rajiv Jain has never met Trump and offered no perspective on his policies. Strange that question wrangler "Rick" first asked "Tim" to answer this. Political donations using company funds are banned. Watch video of exchange via Twitter.

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