KGL Resources (KGL) AGM 2025 summary

Opening remarks and agenda

• Executive Chairman welcomed attendees, acknowledged traditional land custodians, and introduced board members, new director, CFO, company secretary, and auditor.

• Outlined significant team appointments since the last feasibility study update, including a new Project Director and executive management roles.

• 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 become an independent non-executive director.

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

• Appointed corporate financial advisors in April.

• Onboarded an independent non-executive director and shortlisted a CEO in November.

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

Overview of voting outcomes

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

• Voting conducted by poll, with final results to be released to the ASX.