Aurizon (AZJ) AGM 2026 summary

Opening remarks and agenda

• The meeting opened with a welcome and acknowledgment of the Turrbal and Jagera peoples, recognizing First Nations connections to country, culture, community and heritage.

• Agenda covered the Chair’s and CEO’s addresses, director election and re-election addresses, questions, voting on resolutions and close.

Financial performance review

• FY underlying EBITDA rose 9% to AUD 1.724bn and underlying NPAT rose 24% to AUD 433m, with higher contributions across all business units.

• Higher bulk, containerized freight and network volumes supported earnings; coal volumes were flat.

• Bulk delivered a record result, led by base metals, grain and WA iron ore; containerized freight customer growth exceeded 175% in FY.

• More than a quarter of the coal portfolio was recontracted since July 2025, extending terms into the mid-to-late 2030s; BMA and Whitehaven contracts run up to 12 and 10 years, respectively.

Board and executive committee updates

• Amanda McMillan joined in January 2026 and Andrew Adam in July 2026; both stood for election, while Samantha Tough and Tim Longstaff stood for re-election.

• McMillan’s experience spans finance, infrastructure, CEO roles and investment management; Adam’s includes coal, rail, ports and end-to-end supply-chain leadership.

• Tough highlighted her People and Remuneration Committee role and regional WA experience; Longstaff sought a further three-year term as Chair.

• McMillan was elected with 99.75% support and Adam with 99.80%; Tough was re-elected with 99.49% and Longstaff with 97.69%.