Future Generation Australia (FGX) AGM 2025 summary

Opening remarks and agenda

• Chair acknowledged the traditional custodians of the land and welcomed attendees to the hybrid AGM, noting the presence of board members, CEO, and auditor.

• Meeting procedures, including voting and question submission, were explained for both online and in-person participants.

• Notice of meeting and agenda items were confirmed as circulated and taken as read.

Financial performance review

• Achieved a total shareholder return of 20.6% (23.5% with franking credits) over the past 12 months.

• Investment portfolio increased by 13%, outperforming key market indices.

• Fully franked full-year dividend increased to AUD 0.07 per share, yielding 8% grossed-up.

• Profits reserve at AUD 0.415 per share, with dividend coverage of 5.9 years and total dividends paid since inception at AUD 0.50 per share.

Dividend announcements

• Fully franked dividend raised to AUD 0.035 per share for the half-year, totaling AUD 0.07 per share for the year.

• Dividend yield for shareholders reached 8% over the past year.