Volex (VLX) AGM 2025 summary

Opening remarks and agenda

• Attendees welcomed and informed about the Q&A process, with questions to be submitted via the online platform.

• The meeting was chaired by the CFO, who confirmed the agenda and introduced the board and officers present.

• The meeting was held on 7 August 2025 and included a trading update from the CFO.

• The agenda comprised 18 resolutions, with 15 ordinary and 3 special resolutions.

• Shareholders were reminded that questions should relate to the meeting's business and that all resolutions would be taken on a poll.

Financial performance review

• Q1 FY 2026 trading performance was strong, with organic revenue up 10.4% year-on-year.

• Growth driven by electric vehicles, complex industrial technology, and data center customers.

• Operational execution included successful site consolidation in Turkey, improving efficiency and customer service.

• Positive momentum from FY 2025 continued into FY 2026, supporting full-year expectations.

Board and executive committee updates

• Directors and officers were introduced, including independent non-executive directors and the company secretary.

• The board consists of an executive chairman, CFO, group general counsel, and several non-executive directors.

• Commitment to open dialogue with shareholders was emphasized.