IBEX (IBEX) Proxy Filing summary

Executive summary

• The 2024 annual general meeting will be held virtually on December 5, 2024, with shareholders voting on three key proposals and reviewing audited financial statements for the fiscal year ended June 30, 2024.

• The company qualifies as a "controlled company" under Nasdaq rules, with TRGI holding approximately 32% of outstanding shares and the right to appoint five of eight board members.

• Forward-looking statements highlight risks related to demand for services and macroeconomic conditions, as detailed in the annual report.

Voting matters and shareholder proposals

• Proposal 1: Set the maximum number of directors at eight.

• Proposal 2: Elect three director nominees to serve until the next annual meeting or their earlier departure.

• Proposal 3: Approve Deloitte & Touche LLP as auditor and authorize the Audit Committee to set remuneration for fiscal year ending June 30, 2025.

• Shareholders may submit additional proposals for the 2025 meeting by specified deadlines.

Board of directors and corporate governance

• The board currently consists of eight directors, with recent changes including resignations and new appointments effective October and December 2024.

• Four of eight directors are independent under Nasdaq standards.

• Board committees include Audit, Compensation, and Nominating and Governance, each with defined responsibilities and charters.

• Board diversity matrix and director biographies are disclosed.

• Non-employee directors receive a $75,000 annual cash retainer; no regular equity grants.