Australian Strategic Materials (ASM) AGM 2025 summary

Opening remarks and agenda

• Acknowledgement of traditional custodians and welcome to shareholders and board members.

• Meeting format and voting procedures explained, with polling cards distributed for all resolutions.

• Quorum confirmed, proxies inspected and accepted, and meeting declared open.

• Managing Director & CEO Rowena Smith led the 2025 Annual General Meeting, outlining the company's focus on rare earths, critical minerals, and high-tech metals.

Board and executive committee updates

• Board members in attendance were introduced, with one director absent for personal reasons.

• Auditor from PwC present to answer questions on the financial report.

Overview of voting outcomes

• Voting conducted by poll on all resolutions, with proxy votes displayed and chair voting open proxies in favor.

• Resolutions included adoption of remuneration report, re-election and election of directors, grant of incentive performance rights, and approval for additional equity issuance and constitutional provisions.

• Voting results to be released to the ASX later the same day.