Velan (VLN) AGM 2026 summary

Opening remarks and agenda

• Chair welcomed shareholders, introduced the new CEO, and outlined the meeting's agenda and procedures.

• Forward-looking information disclaimer was highlighted, noting risks and uncertainties.

• Instructions for participation, voting, and Q&A were provided to attendees.

Board and executive committee updates

• New President and CEO, Rishi Sharma, addressed shareholders, expressing optimism and outlining strategic direction.

• Recent senior leadership appointments and a streamlined organizational model were implemented to foster an ownership culture.

Strategic initiatives and plans

• Focus on operational excellence, efficient organization, and growth opportunities in all markets.

• Emphasis on strengthening competitiveness, profitability, and long-term shareholder returns.

• Continued investment in capabilities and leveraging a legacy in mission-critical valve solutions.