3 questions lodged at 2025 Medibank hybrid AGM
November 23, 2025
Below is the text of the 3 written questions submitted at the 85 minute Medibank Private (MPL) hybrid AGM held on November 19 2025 in Melbourne and via the Lumi platform, plus a summary of the answers and some video grabs via Twitter. See notice of meeting and voting results, with biggest protest 19.6% against Jacqueline Hey and 10% against director Peter Everingham. What was that all about? Market cap was $13.3 billion on AGM day after a strong year. The proxies were not disclosed early in the formal addresses.
Q1. Why didn't you disclose the proxies early and will you give us the headcount data (paraphrased as forgot to take a copy)?
Answer: Fed Square audio was way too soft but chair Mike Wilkins made a lame custody/superannuation argument for why he won't reveal how many shareholders voted for & against the rem report. These insurance people are so used to saying no to claims. Watch video of exchange via Twitter.
Q2. Will you get rid of the board entrenchment provisions in your constitution?
Answer: The volume at home was too low at Medibank today. See if you can hear this exchange on the entrenchment provisions the Abbott govt put in their constitution which make it way too hard for external candidates to nominate for the board. Mike Wilkins will look but not fix Watch video of exchange via Twitter.
Q3. Is chair Mike Wilkins going to retire when his current term expires?
Answer: The chair said this was not yet determined but noted that his retirement as QBE chair was announced last Friday. Watch video of exchange via Twitter.
Copyright © 2025 The Mayne Report. All rights reserved
