3 questions lodged at 2025 Navigator hybrid AGM
November 15, 2025
Below is the text of the 3 fairly lame written questions submitted at the Navigator (NGI) 10am hybrid in Sydney at MUFG office and via their platform on November 14, 2025. See notice of meeting. Market cap was $1.49 billion on AGM day after a recent surge. The proxies were not disclosed early in the formal addresses. Only protest 15% against rem report. David Kingston was also in the house giving them some stick. See 5 questions asked at 2024 AGM.
Q1. Congratulations on your recent performance, lifting the market cap to $1.5 billion. What is the history of Blue Owl Capital's 46% stake in the company and with the share price surging recently, are they likely to stay where they are or cash in some profits? How does Blue Owl exercise its voting control over the company? Are they accommodating of independent directors?
Answer: The chair... Watch video of exchange via Twitter.
Q2. Well done for offering a hybrid AGM today which maximises shareholder participation. I'm just curious why Bank of Queensland, where Roger Davis also serves on the board, doesn't offer a hybrid AGM for its 100,000 shareholders. What is Roger's view on hybrid AGMs and why isn't practice consistent across his board portfolio?
Answer: The chair... Watch video of exchange via Twitter.
Q3. What is the history of Norway's sovereign fund being our only substantial institutional shareholder with a 5.38% stake. Do they request and get direct briefings from the management and why are they particularly fond of our company? I can't think of another ASX listed company where Norges is the largest institutional shareholder? Why us?
Answer: The chair... Watch video of exchange via Twitter.
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