4 questions lodged at Symal Group hybrid AGM
November 25, 2025
Below is the text of the 4 written questions submitted at the debut Symal (SYL) 11am hybrid at its South Melbourne HQ and via the Computershare platform on November 25, 2025. Some juicy items amongst the 9 resolutions. Market cap $573m on AGM day. See notice of meeting and voting results. The proxies were disclosed early in the formal addresses.
Q1. It's great to see Symal has hit the ground running as a strongly performing and well governed public company. Well done for offering a best practice hybrid AGM via the excellent Computershare platform at your first AGM today. It was also great that you disclosed the proxy votes early to the ASX along with the formal addresses and that you received strong mandates from shareholders on all resolutions, including this remuneration report item. Did any of the proxy advisers issue a report ahead of today's AGM and, if so, is it fair to assume they recommended a vote in favour of all resolutions?
Answer: The chair... Watch video of exchange via Twitter.
Q2. There has been a lot of media this year about governance challenges at the CFMEU, which has been placed into administration, and bikie gang infiltration of Victorian Big Build projects where we also operate, particularly on the $26 billion North East Link project. How are we handling this overall situation from a governance point of view to ensure we don't get tangentially dragged into any of these controversies, acknowledging that we have stayed out of the headlines to date?
Answer: The chair... Watch video of exchange via Twitter.
Q3. When disclosing the outcome of voting on all resolutions today, including this options grant to the CEO, please advise the ASX how many shareholders voted for and against each item, similar to with a scheme of arrangement? This will provide a better gauge of retail shareholder sentiment on all resolutions at your first AGM and insight into the chronically low retail shareholder participation rate. The likes of Qantas, ASX, Suncorp, Tabcorp, Myer, Flight Centre, Stockland and even our own share registry provider Computershare have all voluntarily provided this data at their most recent AGMs. You've got the data, so why not let the sun shine in?
Answer: The chair... Watch video of exchange via Twitter.
Q4. Given the interesting discussions across a range of topics today, could the chair undertake to make an archived copy of the full AGM webcast available on the company's website for the benefit of the thousands of shareholders who were unable to tune in live. Even better, why not lodge a copy of the full AGM transcript with the ASX, including the Q&A session? Also, please continue with the excellent hybrid AGM format next year, even if participation rates are low because you are performing so well and have only recently listed.
Answer: The chair... Watch video of exchange via Twitter.
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