4 questions lodged at 2026 GQG Partners (GQG) virtual AGM
May 15, 2026
Below is the text of the 4 written questions submitted at the 23 minute GQG Partners (GQG) 9am Melbourne time virtual AGM via the Link platform on May 14, 2026. See notice of meeting. Voted for 2 female directors by proxy on April 26 but no rem vote and no ability to appoint a proxy for some reason. Was only shareholder asking questions. With $US170 billion under management its bet against Big Tech has generated lots of media attention. See text of 4 questions asked last year, plus these 13 questions at its debut AGM in 2022. No protest vote last year on single director election resolution and nothing against the two directors up for election in 2026. Market cap was $4.64b on AGM day. The proxies were disclosed early in the formal addresses with no protest votes.
Q1. Which proxy advisers issued a report relating to today's AGM and did any of them criticise us for not offering a remuneration report. Why not voluntarily offer a rem report vote next year to be at best practice?
Answer: CEO Tim Carver wouldn't even say which proxy advisers issued reports, but claimed because remuneration is so modest they don't need a vote. Puzzled by this as thought say on pay was mandatory in the US, but not seemingly for Delaware registered GQG Partners. This question probably should have been taken by lead independent director Elizabeth Proust. Watch video of exchange via Twitter.
Q2. We made a big bet against AI this year. As lead independent director, could Elizabeth Proust comment on how much influence, if any, she had over this decision?
Answer: Liz Proust's first governance gig was as a kindergarten president. She was an excellent City of Melbourne CEO in the early 1990s and did well as head of the Premiers Department in the latter part of Victoria's Kennett Government in the late 1990s. These days she's a professional NED. At GQG as lead independent she said the board's job was "to probe and question" but concluded by offering "strong support" for the calls. Watch video of exchange via Twitter.
Q3. When did we last tender the audit and when are we next likely to tender the external audit function?
Answer: Over its 10 years in operation, it sounds like Florida-based and ASX-listed GQG Partners has never re-tendered the audit and don't have future plans too either. This standard question is frequently not directly answered, instead we just hear how good the auditors are. Watch video of exchange via Twitter.
Q4. Nvidia shares hit a record high this week. What is our history in term of owning this stock and do we own any now?
Answer: The billionaire executive chair and controlling shareholder Rajiv Jain wouldn't talk specifically about the Nvidia holding but did say they remain "extremely underweight technology" Sounds like not much, if any. Watch video of exchange via Twitter.
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