Carnaby Resources (CNB) Scheme meeting 2026 presentation summary

Scheme resolution

• Shareholders considered a scheme of arrangement with Evolution Mining Limited under section 411 of the Corporations Act 2001 (Cth), subject to any alterations or conditions approved by the Supreme Court of Western Australia.

• Subject to Court approval, the board was authorised to implement the scheme and agree to Court-approved alterations or conditions.

Voting requirements

• Approval required a majority in number of shareholders present and voting, plus at least 75% of votes cast, unless the Court ordered otherwise.

Proxy results

• For: 117,550,058 votes (94.99% of votes cast) and 209 shareholders (78.57%); against: 5,673,896 votes (4.58%) and 30 shareholders (11.28%).

• Open votes: 529,646 (0.43%) and 27 shareholders (10.15%); open votes were to be voted at the proxy's discretion.

• Proxy support exceeded both stated requisite-majority thresholds.