Bannerman Energy (BMN) AGM 2026 summary

Opening remarks and agenda

• FY2026 financial report for the year ended 30 June 2026 was tabled for consideration; it did not require a vote.

• Resolutions 2 and 7, relating to Danny Goeman, were withdrawn following his resignation due to serious health concerns in his family.

• Polls covered resolutions 1, 3–6 and 8–10; the formal meeting closed at 10:19 Western Standard Time.

Board and executive committee updates

• Felicity Gooding joined the Board in January 2025, adding financial expertise that supported financing work.

• Gavin Chamberlain was promoted to Managing Director since the previous AGM; Danie van Aswegen was appointed CEO of Namibia.

• Brandon Munro and Alison Terry stood for re-election; the Board, excluding each nominee, recommended votes in favor.

Shareholder proposals

• Resolution 5 sought ratification of 31 million placement shares issued under ASX Listing Rule 7.1; the September 2026 placement raised $124 million gross.

• Resolution 6 sought approval to issue 73,090 shares to CPU Share Plans Pty Ltd as employee share trust trustee, supporting plan administration and access for Namibian participants.

• Resolutions 8 and 9 sought approval for 279,958 zero-exercise-price options for Gavin Chamberlain and 173,828 for Brandon Munro, respectively.

• Resolution 10 proposed increasing the annual non-executive director fee pool from $750,000 to $1 million; it had last been revised in 2008.