4 questions lodged at 2025 Imugene hybrid AGM
November 13, 2025
Below is the text of the 4 written questions submitted at the 40 minute Imugene (IMU) 9am hybrid at Automic in Sydney and via the Automic platform on November 13, 2025. See notice of meeting. Market cap down to $108m after a poor year. The proxies were not disclosed early in the formal addresses and they copped a second strike, plus 15.4% support for a spill, which is higher than normal.
Q1. There was a 25% proxy vote against the chair Paul Hopper. Has Dr Dupont received a similar protest and what is going on?
Answer: The chair... Watch video of exchange via Twitter.
Q2. What does Kim think about the big protest votes on all the remuneration resolutions today including this proposed grant? Does Kim agree we need to seriously review our remuneration practices after receiving a second strike today?
Answer: The chair... Watch video of exchange via Twitter.
Q3. Why do you keep asking for an extra 10% placement capacity and what is your history in terms of doing placements with no SPP? Shareholders generally don't like this. Next time you raise capital, will you consider doing a pro-rata issue which treats all shareholders equally, rather than issuing as much as 25% of the company's shares to whoever you like, potentially diluting existing shareholders without compensation.
Answer: The chair... Watch video of exchange via Twitter.
Q4. Did any of the proxy advisers issue a report ahead of today's meeting and, if so, did they recommend against this contingent spill motion? Why does the chair believe there has been a second strike and will we take this feedback seriously and change things up ahead of next year's AGM? Do we know which major shareholders have been revolting on rem issues today?
Answer: The chair... Watch video of exchange via Twitter.
Copyright © 2025 The Mayne Report. All rights reserved
