4 questions lodged at 2026 Eagers Automotive (APE) hybrid AGM
May 27, 2026
Below is the text of the 4 written questions submitted at the Eagers Automotive (APE) a 10am hybrid in Brisbane (Newstead) and via Computershare platform. See notice of meeting detailing 8 resolutions. ISS triggered 10% against votes last year on both rem resolutions. See text of 4 questions asked in 2025. Own 6 shares. Market cap was $6.31b on AGM day. The proxies were disclosed early with the formal addresses.
Q1. Thank you for disclosing the proxies early to the ASX along with the formal addresses. Chair Tim Crommellin was the most popular of the 4 director candidates, but still suffered a 6% proxy protest vote, although this was lower that the 8.6% against vote when he last stood in 2023. Notwithstanding our fabulous long term performance, given that Tim is well into his 70s and has served on the board since 2011, the last 13 years as chair, is this going to be his final 3 year term and is he planning to serve a full 3 year term? Does Tim believe the next chair is currently serving on the board?
Answer: The chair Tim Crommellin... Watch video of exchange via Twitter.
Q2. Repeating what happened when he was last elected in 2023, Marcus Birrell received the largest against vote on the proxies today. Who was responsible for the 18.5% vote against Marcus' re-election? Was it driven by recommendations from proxy advisers because Marcus is not classified as independent? Could Marcus please confirm how old he is and whether this will be his last term on the board, having served since Eagers bought his business in 2016?
Answer: The chair... Watch video of exchange via Twitter.
Q3. Thank you to David Blackhall for his 6 years of service on our board. It is always helpful for investors to have access to some exit perspectives from retiring independent directors. In his final contribution as an Eagers director, could David please comment on what he regards as the best 2 decisions Eagers made during his time on the board and does he have any regrets?
Answer: The chair... Watch video of exchange via Twitter.
Item 7.4: placement to Mitsubishi
Q4. Unless we are planning another big institutional placement, did we really need to put up this resolution given that we have an automatic 15% placement capacity every 12 months? What is the purpose of refreshing the maximum 15% capacity early?
Answer: The chair Tim Crommellin... Watch video of exchange via Twitter.
Copyright © 2026 The Mayne Report. All rights reserved
