Iluka Resources (ILU) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with acknowledgment of traditional landowners and a welcome to shareholders, staff, and guests, including those joining via webcast.

• Quorum confirmed, poll on all resolutions declared open early to maximize voting opportunity.

• Board members, executive team, and external auditor introduced, with roles and committee memberships outlined.

Board and executive committee updates

• Lynne Saint, Audit and Risk Committee Chair, is retiring; Greg Meyerowitz will assume the role.

• Board composition and recent appointments highlighted, including Greg Meyerowitz and Peter Smith.

• Special recognition given to Lynne Saint for her contributions during key company milestones.

Financial performance review

• 2025 described as a demanding year with significant geopolitical and market challenges.

• Mineral sands business faced subdued demand and market uncertainty, leading to production suspensions and asset impairments.

• Despite challenges, mineral sands generated AUD 300 million in underlying EBITDA.

• Rare earths segment performed strongly, with progress on Eneabba Refinery and strategic partnerships.