LGI (LGI) AGM 2025 summary

Opening remarks and agenda

• Chairman welcomed attendees, introduced board members, executives, and auditors, and acknowledged traditional land owners.

• Meeting declared open with a quorum present; agenda included company progress update and formal business items.

• The meeting included addresses from the Chairman and Managing Director, followed by formal business discussions.

Financial performance review

• Net revenue for FY25 reached AUD 33.9 million, up 10% year-on-year.

• EBITDA grew 14% to AUD 17.4 million, with operating cash flow up 24% to AUD 12.3 million.

• Electricity generation capacity grew by 44% to 21.1 MW, with 109,000 MWh generated, a 13% increase from FY24.

• Biogas recovery increased 11% to 127.7 million cubic meters.

• FY26 EBITDA guidance set for 25%-30% growth, subject to market dynamics.

Board and executive committee updates

• Board and executive team introduced, including new and continuing directors.

• Vik Bansal, Chairman, and Adam Bloomer, Managing Director, led the meeting, highlighting their experience.

• The board consists of experienced directors, including Abigail Cheadle, Andrew Peters, Dr. Jessica North, and Timothy McGavin.

• Ms. Abigail Cheadle and Mr. Tim McGavin stood for reelection, with detailed backgrounds and board recommendations provided.