Bannerman Energy (BMN) AGM 2025 summary

Opening remarks and agenda

• Meeting held in larger premises and webcast to accommodate growing shareholder interest.

• Acknowledgement of traditional land and respect to elders.

• Introduction of board members and executive team, highlighting recent appointments and their expertise.

• Confirmation of quorum and explanation of poll-based voting procedures.

• Focus on advancing the Etango Uranium Project with a disciplined and flexible approach, reflecting on the year’s progress and strategic direction.

Board and executive committee updates

• New directors Felicity Gooding and Bruce McFadzean joined after extensive external recruitment.

• CEO transition from Brandon Munro to Gavin Chamberlain, emphasizing Gavin's regional expertise.

• CFO Steve Hurley and Company Secretary Karen Logan bring deep operational and governance experience.

• Board and executive team described as stable, experienced, and well-positioned for project execution.

Corporate governance

• Minutes of previous meetings approved and signed.

• Voting on all resolutions conducted by poll, with undirected proxies voted in favor by the chair.

• Special resolution to replace the company constitution to align with contemporary law and technology.

• Provisions to strengthen shareholder control over proportional takeover bids included.