Prospex Energy (PXEN) AGM 2026 summary

Opening remarks and agenda

• Meeting opened by the Chairman, with directors and key staff present; acknowledgment of outgoing director Andrew Hay's contributions.

• CEO Tom Reynolds scheduled to present after formal business.

Board and executive committee updates

• Significant board changes included appointment of Tom Reynolds as CEO and Simon Ashby-Rudd as director, bringing capital market expertise.

• Andrew Hay not standing for re-election; board composition updated accordingly.

Overview of voting outcomes

• Annual audited accounts for year ended 31 Dec 2025 adopted with 99.4% proxy votes in favor.

• William Smith reappointed as director (76.75% in favor), Tom Reynolds (99.4% in favor), Simon Ashby-Rudd (98.78% in favor).

• Adler Shine LLP reappointed as auditors (98.37% in favor); board authorized to determine auditor remuneration (98.64% in favor).

• Authorization to allot new shares passed as ordinary (96.51% in favor) and special resolution (96.51% in favor).