7 questions lodged at 2024 Objective Corp virtual AGM

Q1. Will you commit to doing a hybrid AGM next year. Virtual AGMs are poor practice and very few ASX300 companies do them.

Answer: The billionaire chair Tony Walls said no. Watch video of exchange via Twitter.

Q2. Rem Report: Did any proxy advisers recommended against rem? Which of them did reports?

Answer: The company secretary Ben Tregoning said there was no opposition.

Q3. Financials: when did we last tender the audit and when will we next tender the audit?

Answer: The company secretary Ben Tregoning said Pitcher Partners had been auditor since 2002 and it sounds like there has never been a tender. Watch video of exchange via Twitter.

Q4. Director election: could Nicholas summarise his full history with Tony Wallis. How independent is he?

Answer: The billionaire chair Tony Walls spoke on his behalf. Watch video of exchange via Twitter, plus these additional comments.

Q5. Director election: Board candidates should give a speech. Will you commit to introducing this practice next year?

Answer: Doesn't sound likely. Watch video of exchange via Twitter.

Q6. Last item question: how are you linking up the online voting with the share registry and how long will it take to get the poll results to the ASX?

Answer: Watch video of exchange via Twitter.

Q7. LTI Grant item: please summarise the history of vesting with past grants. Also when disclosing outcome in the poll, please include scheme like disclosure so retail sentiment is made public.

Answer: The company secretary Ben Tregoning said they'd provided the data with the proxies at the meeting and LTI history was available in the annual report. Watch video of exchange via Twitter.

Copyright © 2024 The Mayne Report. All rights reserved

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