Hutchison Telecommunications (HTA) AGM 2025 summary

Opening remarks and agenda

• Meeting conducted as a hybrid event to maximize shareholder participation, with both physical and online attendance options.

• Quorum confirmed, and the agenda included the Chairman's address, formal business, and three resolutions.

Financial performance review

• Group reported a net loss of AUD 191.4 million for 2024, including an impairment loss of AUD 31.7 million on TPG investment.

• Revenue from ordinary activities increased to AUD 2.5 million in 2024, up from AUD 900,000 in 2023, due to higher cash balances and interest rates.

• TPG, the main investment, reported AUD 5.2 billion in revenue and a net loss after tax of AUD 107 million for 2024.

• H3GAH received AUD 37.3 million in dividends from TPG in 2024 and AUD 18.6 million in April 2025.

Board and executive committee updates

• Directors present included Justin Gardener, Stephen Allen, John Scanlon, and Swapna Keskar, with Cliff Woo and Susan Chow joining remotely.

• Board remains committed to supporting TPG's business and strategies.