Wallbridge Mining Company (WM) AGM 2024 summary

Opening remarks and agenda

• Meeting opened at 4:30 P.M. with recognition of retiring director Alar Soever for his long service and leadership since 2003.

• Quorum confirmed, and meeting rules for online and in-person participation outlined, including voting procedures.

• Formal business included approval of previous minutes, receipt of audited financials, setting number of directors, election of directors, and appointment of auditors.

Board and executive committee updates

• Alar Soever stepped down as director but remains as an advisor; his contributions to company growth and key transactions were acknowledged.

• Board size reduced to seven directors, with six independents and one executive; ongoing review of board composition for efficiency.

Overview of voting outcomes

• All resolutions, including approval of minutes, election of directors, and appointment of KPMG LLP as auditor, were carried by majority vote.

• Voting conducted by poll, with results to be published on the company website.