Future Generation Australia (FGX) AGM 2026 summary

Opening remarks and agenda

• The meeting was opened as a hybrid event at the Museum of Sydney, with both in-person and online participation.

• Acknowledgement of the Gadigal people of the Eora Nation was made at the start.

• The agenda included five items of business, with four requiring a vote, as outlined in the circulated notice of meeting.

Financial performance review

• The investment portfolio increased by 14.1% over the 12 months to December, outperforming the ASX All Ordinaries Accumulation Index by 3.5 percentage points.

• Since inception to December 31, the average return was 9.7%, exceeding the index by 1.2% with lower volatility.

• The share price discount to net tangible assets narrowed significantly from 13% in January 2025 to 5.2% in April 2026.

• AUD 5.7 million was paid as the 11th annual social investment, and AUD 11.4 million in fees were waived by fund managers and service providers.

Dividend announcements

• The fully franked dividend was increased to AUD 0.036 per share, totaling AUD 0.072 per share for the year, with a grossed-up yield of 7.9%.

• Profits reserve stands at AUD 0.419 per share, providing 5.8 years of dividend coverage.

• Dividend payments since inception total AUD 0.607 per share.