6 questions lodged at 2026 Novonix hybrid AGM
April 16, 2026
Below is the text of the 6 written questions submitted at the 2026 Novonix (NVX) 9am hybrid AGM in Brisbane on April 15 and via Link platform. See notice of meeting. Market cap $228m on AGM day. See wrap of action in 2025 where lodged 7 questions at 48 minute meeting. Protest votes of 4-14% across all 12 resolutions in 2025 and this rose in 2026. The proxies were not disclosed early in the formal addresses. The CEO presentation was delivered after the 13 formal items were dealt with at the 20 minute formal meeting. Biggest protest 20% against rem report.
Q1. I submitted this question online last year but it wasn't read out: "Given the nationalistic inclinations of the Trump administration, do we anticipate coming under pressure to redomicile to the US or be taken over by a US-owned and based company." The chair claimed during last year's meeting that if anything the Trump administration was more supportive than the Biden administration, given the focus on critical minerals, on-shoring and reducing reliance on China which controls 95% of their synthetic graphite market segment, something Novonix is attempting to deliver in the US. Twelve months on, is that still his view?
Answer: The chair... Watch video of exchange via Twitter.
Q2. At last year's AGM, there was a 14% protest vote on the proxies against the remuneration report, 16% against the Nick Liveris incentive grant and 19% against the election of Nick Liveris to the board? How did we respond to this after the meeting, what were the concerns raised by shareholders and have we moved to address those concerns over the past 12 months?
Answer: The chair... Watch video of exchange via Twitter.
Q3. Which of the proxy advisers covered us this year and did any recommend a vote against any of today's resolutions, including this remuneration report item? If so, what reasons did they give and did this translate into any material protest votes?
Answer: The chair... Watch video of exchange via Twitter. T
Q4. here was a 20% proxy protest vote against the remuneration report. What was the issue. Were there concerns about the structure of the performance rights plan?
Answer: The chair... Watch video of exchange via Twitter.
Q5. Why did we propose this share rights grant to Nick Liveris given his decision to resign from the company, and finish up today?
Answer: The chair... Watch video of exchange via Twitter.
Q6. There have been many substantial protest votes against resolutions like this at recent AGMs. It is not good practice to allow a board to selectively place up to 25% of the company's shares to anyone they like over a 12 month period, diluting the existing shareholders without compensation for their lost property rights. What is our history of doing selective placements, why are we asking for this authority and has there been a substantial protest vote against this resolution?
Answer: The chair... Watch video of exchange via Twitter.
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