Titomic (TTT) AGM 2026 summary

Opening remarks and agenda

• Highlighted a milestone visit from the U.S. Under Secretary of War, focusing on manufacturing speed, scale, and quality for defense applications.

• AGM focused on scaling mission-critical manufacturing and sustainment for defense, aerospace, maritime, and energy sectors.

• Outlined the agenda, including financial statements, board elections, remuneration, and strategic updates.

Financial performance review

• Annual financial report covered a six-month period due to a change in year-end to align with U.S. and Netherlands subsidiaries.

• Annual Financial Report for the six months ended 31 December 2025 was presented, including the Remuneration Report and Auditor's report.

• No shareholder vote required for the financial statements.

Board and executive committee updates

• Election of Lieutenant General Henry Obering as director, with background provided on his defense credentials.

• Lt Gen Henry "Trey" Obering elected as Director with 99.63% support.

• Re-election of Mr. Dag Stromme and Mr. Humphrey Nolan as directors.

• Mr Dag Stromme re-elected as Director with 99.38% support.

• Humphrey Nolan re-elected as Director with 99.44% support.

• Approval sought for issuing options to Lieutenant General Obering.

• Approval of 5,000,000 options to Lt Gen Henry "Trey" Obering passed with 98.74% support.

• CEO & Managing Director Jim Simpson delivered a presentation on recent progress and strategic direction.

• Board includes experienced leaders and senior advisors with backgrounds in defense, aerospace, and government.