Origin Energy (ORG) AGM 2025 summary

Opening remarks and agenda

• Chair welcomed shareholders, acknowledged traditional landowners, and outlined safety procedures for the meeting.

• Meeting was declared open with a quorum present, representing 71.61% of issued capital by proxy.

• AGM opened with a focus on benefiting from the energy transition, reviewing financial performance, climate action, community support, and board appointments.

• Board, senior management, and auditor were introduced; agenda included addresses, financial review, and formal resolutions.

Financial performance review

• Statutory profit rose to AUD 1.48 billion, with underlying profit at AUD 1.49 billion, both up from the prior year.

• Underlying EBITDA was AUD 3.41 billion.

• Fully franked dividends from APLNG totaled AUD 797 million, with an additional AUD 335 million received in July.

• Total fully franked dividends increased to AUD 0.60 per share for FY 2025, up from AUD 0.55.

• Share price achieved top quartile appreciation over the last three years.

Board and executive committee updates

• Two new independent Non-Executive Directors, Fiona Hick and Stephen Mikkelsen, were nominated for election.

• Re-election of Greg Lalicker and Nora Scheinkestel was recommended; Maxine Brenner retired after 12 years of service.

• Board renewal and director skillsets were highlighted, with new directors bringing deep energy sector experience.

• Board renewal is progressing, with new appointments and re-elections addressed.