Staude Capital Global Value Fund (GVF) AGM 2025 summary

Opening remarks and agenda

• The meeting opened with acknowledgments of board experience and outlined an educational agenda, including a fund update, macroeconomic overview, and discussion of major market changes.

• Provided an update on GVF, a big picture market overview, discussion of two major industry changes, and case studies of recent investments.

Board and executive committee updates

• Board members highlighted their governance, legal, and finance backgrounds, emphasizing stability and vigilance in oversight.

• Board re-elections were discussed, with positive proxy results for incumbents.

Shareholder proposals

• A special resolution for an additional 10% placement capacity was proposed, allowing flexibility for quick capital raising if needed.

• Ratification of a prior share placement was discussed, reinstating some of the previously used 15% capacity.