Globe International (GLB) AGM 2025 summary

Opening remarks and agenda

• Meeting commenced at 11:00 A.M. with a quorum present and introductions of directors, executives, and auditor.

• Meeting held virtually, with instructions provided for electronic voting and question submission.

• Notice of meeting taken as read, and valid proxies recorded for shareholder representation.

Financial performance review

• Revenue for FY 2025 exceeded $205 million, with EBIT of $14.6 million.

• All major regions—Australia, North America, and Europe—contributed positively to profitability.

• Growth in core brands (FXD, Salty Crew, Globe Footwear) and launch of new brands (S Double Clothing, Ritual Vision Eyewear).

• Discontinued several non-strategic brands to focus on global core and emerging brands.

Dividend announcements

• Final dividend payout of $8.2 million for FY 2025, marking 20 consecutive half-year dividends.

• Fully franked dividends totaling $0.20 per share issued for the year.