BHP Group (BHP) AGM 2025 summary

Opening remarks and agenda

• The meeting opened with a Welcome to Country, acknowledging the traditional owners and emphasizing respect for Indigenous culture and heritage.

• The Chair confirmed a quorum, introduced the Board and executive team, and outlined the agenda, including voting procedures and opportunities for shareholder questions.

Financial performance review

• Achieved strong operational and financial results in FY2025, with record production in iron ore and copper, and a 20.6% return on capital employed.

• Underlying EBITDA margin was 53%, and $47 billion was contributed to economies through wages, taxes, royalties, and community investments.

• Paid $5.6 billion in dividends for the year, maintaining a policy of at least 50% payout of underlying attributable profit.

Board and executive committee updates

• Ross McEwan chaired his first AGM, succeeding Ken MacKenzie, who retired after eight years.

• The Board reaffirmed its commitment to high-quality growth, capital discipline, and responsible stewardship.