3 questions lodged at 2026 Bega (BGA) hybrid AGM
October 21, 2026
Below is the text of the 3 written questions submitted at the 70 minute Bega Group (BGA) 9am hybrid in Bega and via MUFG platform on October 21, 2026. See notice of meeting detailing 4 voting resolutions. Market cap $1.94b on AGM day. See 5 questions asked at 2025 AGM. The proxies were disclosed early in the formal addresses revealing material protest votes - see Q1.
Q1. Thank you for disclosing the proxies early to the ASX. Which proxy advisers triggered the 31.4% remuneration report strike and the 11% vote against the re-election of Peter Margin? Does the executive chair believe there is any merit in their arguments and are we planning any changes as a result of these votes?
Answer: Between question wrangler Brett and executive chair Barry Irwin, this was amateur hour both on the language, lack of transparency and Barry's claim that it constituted strong support. Watch video of exchange via Twitter.
Q2. After a series of controversies, our long term corporate adviser David Williams quit as chair of ASX-listed Polynovo last October. What is our history with Mr Williams and is he currently advising the company? The Kidder Williams website quotes our chair Barry Irvin saying “Kidder Williams will work all hours of the day and night to make sure their clients are successful”. Did the Polynovo situation cause any review of this relationship?
Answer: Barry Irwin said the relationship with Williams was long and deep, going back beyond the float and his 26 year run as executive chair, but he also stressed the primary adviser was Kidder Williams CEO Tim Faulkner, who has advised the business for 20 years. Watch video of exchange via Twitter.
Q3. Is Peter Margin intending to serve a full 3 year term and is this likely to be his final term on the board? What does he believe are the best 2 decisions Bega has made during his 15 years on the board?
Answer: After 15 years on the Bega board and an 11% protest vote, Peter Margin wouldn't commit to this being his last 3 year term. Said it would be up to shareholders. His executive chair Barry Irwin has done 26 years! Mr Margin was interesting on the 3 best decisions taken during his time on the Bega board. Tatura acquisition, National Foods acquisition and good open culture under current CEO Peter Findlay. Watch video of exchange via Twitter.
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