Adheris Health (AHE) AGM 2025 summary

Opening remarks and agenda

• Meeting opened virtually with acknowledgment of traditional custodians and confirmation of quorum.

• Notice of meeting included 14 ordinary resolutions, with voting and question procedures explained.

Shareholder proposals

• Shareholders raised concerns about proxy disclosure, protest votes, and the complexity of incentive resolutions.

• Questions addressed the fairness of executive benefits amid shareholder losses and low proxy participation.

Overview of voting outcomes

• 94 proxy forms received, representing about 43% of issued capital.

• Significant protest votes recorded: 35% against resolution 1, 29% against resolution 4, 19% against CEO's incentive grant, and 59% against CEO's retention benefit.

• Chair did not have enough open proxies to pass certain resolutions, particularly on executive retention payments.