KGL Resources (KGL) AGM 2025 summary

Opening remarks and agenda

• Meeting opened with acknowledgments to traditional land custodians and introductions of board members, executives, and key stakeholders.

• Welcomed new independent non-executive director and highlighted recent key appointments to strengthen project delivery.

• Covered a comprehensive agenda including financial review, ESG, exploration, funding, project enablers, market positioning, copper fundamentals, valuation, project highlights, financing, and corporate snapshot.

Board and executive committee updates

• Lindi Deguara to join as independent non-executive director; Konrad Litfin appointed Project Director.

• Dean Adams joined earlier in the year, bringing executive management and stakeholder engagement expertise.

• Denis Wood resigned as Executive Chairman in March 2024; Resource Capital Fund increased its stake to 9.9%.

• Appointed corporate financial advisors in April and shortlisted a CEO in November.

• Established a Project Steering Committee with internal and external expertise.

Overview of voting outcomes

• Three resolutions presented: re-election of two directors and advisory vote on remuneration report.

• Voting conducted by poll; final results to be released to the ASX after the meeting.