Ivanhoe Mines (IVN) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with introductions of board members, executive team, and external counsel, with hybrid attendance options and clear instructions for participation and voting.

• Annual General and Special Meeting webcast held in June 2026, focusing on operational and financial updates.

• Formal business included presentation of financial statements, director elections, auditor appointment, and amendments to the equity incentive plan, followed by management presentation and Q&A.

Board and executive committee updates

• Eleven directors were nominated and elected for the ensuing year, with majority voting policy in place for director elections.

• No additional nominations were received, and all management nominees were elected.

Financial performance review

• 2025 saw $578 million in adjusted EBITDA and $228 million in net profit, with Kamoa-Kakula generating $3.28 billion in revenue and $1.45 billion in EBITDA at a 44% margin.

• Kipushi produced 203,168 tonnes of zinc and generated $91 million in EBITDA, while Platreef Phase 1 began production in Q4 2025.

• Group-wide TRIFR reduced by 69% since 2021, with zero fatalities in 2025.