7 questions asked at 2024 Pepper Money AGM

Q1. Proxy advisers and 9% protest on CEO's LTI grant - watch video of exchange via Twitter.

Q2. We don't have enough female chairs so we'll done to Akiko Jackson for stepping up at Pepper Money - watch video of exchange via Twitter.

Q3. Pepper Money CEO doesn't really answer the LTI vesting history question. Watch video of exchange via Twitter.

Q4. Pepper Money focuses on second hand car finance and is pushing hard with EVs. Here is the CEO talking about its relationship with Eagers Automotive, our biggest car dealer.

Q5. KKR pocketed $500m when they floated Pepper Money at $2.89 a pop in 2021. With the stock at $1.60, surprised there wasn't more anger today. Engaged the chair/founder on whether we'd all be better off if KKR just sold out and removed the overhang. Watch video of exchange via Twitter.

Q6. Interesting discussion at the Pepper Money AGM on why the major banks are exiting the car finance market. It seems APRA capital requirements are to blame. Watch video of exchange via Twitter.

Q7. Was the lonely sole questioner at today's fully virtual Pepper Money AGM. Gave them some stick for not offering a hybrid and extracted a webcast archive access commitment for the other 3,999 shareholders. Watch video of exchange via Twitter.

Copyright © 2024 The Mayne Report. All rights reserved

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