Hastings Technology Metals (HAS) AGM 2025 summary

Opening remarks and agenda

• Executive Chairman welcomed attendees, acknowledged traditional land owners, and outlined the meeting agenda, including formal resolutions and presentations on the gold project and Metal Bank transition.

• Notice of meeting was confirmed as duly given, quorum established, and directors introduced.

Board and executive committee updates

• Vince Catania was appointed CEO in June, with Tim Gilbert transitioning to CEO of Metal Bank.

• Tim Gilbert was thanked for his contributions and will lead Metal Bank following the in-specie distribution.

Overview of voting outcomes

• Voting was conducted by poll, with proxies representing 28% of issued capital; all discretionary proxies held by the Chairman were cast in favor of resolutions.

• Thirteen resolutions were considered, including director re-elections, share issues, options grants, and capital reduction.

• Proxy counts for key resolutions were announced, with most resolutions receiving strong support.

• Resolution 13 approved a pro-rata in-specie distribution of 160 million Metal Bank shares, equating to 0.76 MBK shares per Hastings share, representing 76% of MBK shares and about 19% of MBK's total issued capital.