IPERION (IPR) AGM 2026 summary

Opening remarks and agenda

• Meeting held virtually with voting by poll and proxy forms accepted until 4:00 P.M.

• Apologies noted from two directors; only one present to lead the meeting.

• Meeting included welcome, introductions, formalities, a shareholder presentation, Q&A, and resolutions.

Financial performance review

• No interest income in 2026 as cash was kept liquid for anticipated sales orders.

• Outsourced manufacturing fee fully discounted for 2026 and will remain so through March 2028.

• Admin expenses stable or decreased, with savings in travel and audit fees but higher stock exchange costs.

• Net loss for the year was $294,595, with net assets at $53,803 and cash/term deposits at $155,492 as of March 2026.

• No impairment expenses for 2026; trademark registration costs completed.

Board and executive committee updates

• Directors and management are deferring 50% of their fees, and 33% of management fees, to conserve cash since January 2026.

• No changes in the number of shares on issue.