Arafura Rare Earths (ARU) AGM 2025 summary

Opening remarks and agenda

• Meeting opened at 10:00 A.M. with introductions of the board, executive team, and key advisors, including legal, audit, and share registry representatives.

• Housekeeping rules and agenda were outlined, including board introductions, formal resolutions, and a Managing Director's presentation.

• MD & CEO Darryl Cuzzubbo addressed stakeholders, outlining the company's progress and strategic direction.

Financial performance review

• The 2025 annual report, including financial, directors', and independent auditor's reports, was presented and approved.

• Share price increased by 131% from July 2024 to October 2025, reflecting strong market performance.

• Significant financial milestones included a $475m public capital raise and major debt funding milestones.

• Shareholders were invited to ask questions about the financial report, audit conduct, accounting policies, and auditor independence.

Board and executive committee updates

• Board committee chairs were introduced, highlighting expertise in sustainability, remuneration, risk, and audit.

• A refreshed board and executive team were credited with advancing project delivery and sustainable outcomes.

• Executive team has been strengthened to support project execution and growth.