Australian Strategic Materials (ASM) AGM 2025 summary

Opening remarks and agenda

• Meeting opened with acknowledgment of attendees, including board members and company officers.

• Voting procedures and use of polling cards were explained in detail.

• Confirmation of quorum and acceptance of validly lodged proxies.

Board and executive committee updates

• Board members present included Kerry Gleeson, Gavin Smith, Dominic Heaton (remotely), and Rowena Smith.

• Company Secretary Annaliese Eames and CFO Stephen Mottram were also in attendance.

Shareholder proposals

• Resolution 1: Ratification of the issue of shares under the placement was presented.

• Resolution 2: Approval of director participation shares to Ian Gandel or his nominees.

• Resolution 3: Approval of director participation shares to Dominic Heaton or his nominees.