AGMs
History of "say on climate" votes in Australia
Directors are increasingly agreeing to have a non-binding "say on climate" vote in order to fend off shareholder resolutions. This list tracks the history of "say on climate" votes.
Sep. 12, 2022
14 questions lodged at OzForex AGM
Online written questions lodged by Stephen Mayne at the 2022 OzForex AGM, held on August 11, 2022. Only 4 of the 14 were dealt with. The 10 which were ignored are in italics. Watch the full webcast on Youtube.
Aug. 15, 2022
14 questions asked at 2022 Macquarie AGM
The Macquarie Group 2022 AGM saw 14 questions lodged by Stephen Mayne and his father David Mayne, across 3 different platforms - through Link before the AGM, via Lumi during the AGM and in person at the physical AGM. Here is a full transcript of all exchanges.
Sep. 12, 2022
Who does the key dates ASX announcement?
Best practice is for companies to do a "key dates" announcement each year spelling out the timetable for shareholders in the following 12 months. Here are some good examples.
Aug. 15, 2022
6 questions asked at 2022 Eagers Automotive EGM
Here is the text of the 6 questions asked at the Eagers Automotive EGM held on July 15 2022 to approve the $193 million related party transaction to purchase the ACT car dealership assets off Nick Politis, a director of Eagers and the largest shareholder with almost 28%. They were read out in full with comprehensive answers provided.
Jul. 15, 2022
When companies started publishing full AGM transcripts
This list tracks when companies first agreed to publish a full transcript of their AGM, an issue we have been pushing for the past couple of years.
Jul. 20, 2022
580-plus AGMs we've asked questions at since 1998
Here is a list of almost 600 AGMs where Stephen Mayne has asked questions as a shareholder or proxy since it all began for The Daily Telegraph way back in October 1998, complete with links to stories written at the time, AGM webcasts, transcripts and any relevant media coverage.
Aug. 1, 2022
Questions asked at shareholder meetings in 2022
Below is a list of the AGMs or EGMs where Stephen Mayne asked questions in 2022. After a record 70 last year, we're aiming to crack 100 this year given the ease of access provided by online or hybrid AGMs.
Aug. 15, 2022
Standard AGM questions for chair preparation
Here are some standard AGM questions likely to be asked at 2022 AGMs for chairs wishing to prepare in advance.
Jul. 8, 2022
9 questions lodged at 2022 Costa Group AGM
Below is the text of the 9 questions lodged at the 2022 Costa Group AGM. I wasn't able to listen and they haven't provided a webcast archive so at this point I don't know what happened.
Jul. 2, 2022
Record 70 AGMs attended in 2021
Below are the details of the record 70 online AGMs that Stephen Mayne asked questions at in 2021, thanks to the benefit of virtual AGMs.
Jul. 20, 2022
AGMs of note in the first half of 2022
This list tracks AGMs of companies with a December 31 balance date and a market cap exceeding $100 million, all of which comprises the so-called AGM mini-season which runs until the May 31 deadline.
Jul. 8, 2022
10 questions lodged at 2022 CSR AGM
The following 10 questions were lodged at the 2022 CSR AGM and all but the last one asked, albeit with some being shortening. Also, see this pre-AGM email and this response from chairman John Gillam.
Jul. 4, 2022
11 questions submitted at 2022 Dicker Data AGM
Text of 11 questions submitted at 2022 Dicker Data AGM held on May 20, 2022. There was some abbreviating in the reading.
May. 21, 2022
10 questions asked at 2022 Appen AGM
Here is the text of the 10 questions asked at the 2022 Appen AGM held on May 27, 2022. The italicised bit weren't read out.
Jul. 2, 2022
11 questions asked at Eagers Automotive AGM
See text of 11 questions asked at Eagers Automotive AGM held on May 19. 2022
May. 21, 2022
8 questions asked at 2022 Crown Resorts scheme meeting
Here is the text of the 8 written questions lodged and asked at the 32 minute Crown Resorts scheme meeting held on May 20, 2022. A brief summary of the answers from chair Ziggy Switkowski is also provided.
May. 20, 2022
7 questions asked at 2022 Woodside AGM
Below is the text of written questions lodged at the 2022 Woodside Energy AGM held on May 19 in Perth. All were read out in full with the exception of the final one.
May. 19, 2022
Companies which lodged proxies with ASX ahead of AGM
Here is a chronological list of the growing number of companies which are lodging the proxy position with the ASX along with the formal addresses before the AGM/EGM commences.
Jul. 16, 2022
14 Scentre Group 2022 questions
Here is the text of the 14 questions Stephen Mayne lodged at the 2022 Scentre Group AGM held on April 7, 2022 and check out this partial transcript demonstrating how chair Brian Schwartz butchered most of them.
May. 9, 2022
13 questions asked at 2022 CIMIC AGM
The following online written questions were asked by Stephen Mayne at the 2022 CIMIC AGM held on April 6. Watch the webcast.
Apr. 7, 2022
7 questions asked at 2022 QBE AGM
Text of 7 questions asked at 2022 QBE AGM held on May 5, with a brief summary of the answers provided. All questions were read out in full without editing. Watch the full webcast archive, but no transcript provided.
Jul. 8, 2022
4 questions asked at 2022 IRESS AGM
Questions asked at 2022 IRESS AGM held on May 5.
May. 7, 2022
8 questions asked at 2022 TPG Telecom AGM
The following 8 text questions were lodged ahead of the 2022 TPG Telecom AGM held on May 3.
May. 3, 2022
11 questions asked at 2022 Santos AGM
Below is the text of 11 questions asked at the 2022 Santos AGM held on May 3, along with the 4 which weren't read out. The meeting lasted 3 and half hours.
May. 3, 2022
Five questions asked at the 2022 Iluka Resources AGM
Here is the text of the 5 text questions asked at the 2022 Iluka Resources AGM which were all read out in full and addressed by chairman Greg Martin. I miscalculated the time difference with WA so logged into the AGM when it was almost finished after 50 minutes of action.
Apr. 13, 2022
13 questions asked at debut GQG Partners AGM
GQG Partners is a Florida-based fund manager which currently manages $US92 billion and raised $1.18 billion selling 20% of its stock in Australia last year. Stephen Mayne was the sole inquisitor at its inaugural AGM on April 27 and this is how it rolled.
Apr. 27, 2022
7 questions asked at 2022 G8 Education AGM
Here is the text of the 7 questions asked at the 2022 G8 Education hybrid AGM held on April 27.
Apr. 27, 2022
Eight questions asked at debut 2022 Latitude AGM
Here is the text of eight questions lodged at the 2022 Latitude Financial Group AGM, many of which were butchered by chairman Mike Tilley who insisted on reading them out himself, despite being asked not to.
Apr. 27, 2022
19 questions lobbed at debut Endeavour Group AGM
There are the written questions lodged by Stephen Mayne at the Endeavour Group AGM held on October 21. Those that were ignored have been italicised.
Oct. 24, 2021
AGM transcripts provided up until 2010
Back when The Mayne Report had staff (ie 2007 until 2010), we were emailing companies asking them to send through transcripts from past AGMs which produced the following up until the end of 2010.
Oct. 11, 2021
News Corp AGM questions and more debate suppression
This story appeared in Crikey after the News Corp 2020 online AGM and below it are the 8 questions which were submitted, only two of which were asked. Click here to listen to the pathetically short 26 minute AGM webcast, where shareholder free speech was suppressed as usual.
Jul. 23, 2021
16 questions asked at 2022 Aristocrat Leisure AGM
Here is the text of 16 questions lodged at the Aristocrat Leisure AGM held on October 24, 2022. I don't know if any were asked or answered because Aristocrat is refusing to publish an archive of the webcast.
Feb. 28, 2022
3 questions lodged at the 2022 Ausnet takeover meeting
The following 3 questions were lodged at the Ausnet takeover meeting held on January 28, 2022. The first was ignored but the other two were duly read out and answered.
Feb. 14, 2022
7 questions asked at Sydney Airport takeover meeting
Below is the text of the 7 text questions asked at the Sydney Airport takeover meeting held on February 3, 2022, all of which were duly read out in full, albeit sometimes broken up into separate missives. When the transcript arrives we'll have a fuller account of the answers.
Feb. 3, 2022
2021 AGM mini season
The 2021 AGM mini season was unique because it was a combination of physical, online only and hybrid AGMs. Here is what happened, including whether companies have made a full archive of the meeting available.
Feb. 4, 2022
How AGMs were handled in 2020 during corona virus
This list tracks the 2020 AGM mini-season during the COVID-19 pandemic.
Nov. 28, 2020
Transcript of 2019 Macquarie AGM exchanges
Here is an edited transcript of the exchanges from last Thursday's Macquarie Group AGM in Sydney.
Jun. 15, 2021
Our favourite AGM audio exchanges
Below is a package of some of favourite AGM audio highlights from the period 2007 until 2010.
Dec. 31, 2018
Questions lodged at the Moelis AGM
Is Jeffrey Browne suitable to become Collingwood President? He is the current chair of ASX-listed Moelis Australia and below is a case study looking at how Moelis Australia handled the 22 online written questions which Stephen Mayne lodged during its May 28 AGM. Only 5 of them weren't asked. The company refuses to publish an archive of the AGM webcast, which is poor transparency.
Jun. 9, 2021
Questions lodged at the Rio Tinto AGM
Here is the text of the 11 written questions lodged during the Rio Tinto AGM. Only two of them were asked in a package linked in with two other shareholders.
May. 8, 2021
100+ favourite AGMs since 1999
Here is a list of AGMs where Stephen Mayne has asked questions as a shareholder or proxy since it all began way back in October 1998, complete with links to stories written at the time and any relevant media coverage.
Dec. 31, 2018
Controversial withdrawn resolutions at Aussie AGMs
Not enough resolutions are rejected by shareholders but here is a list of those that have been, often because they were facing impending defeat.
Jun. 9, 2021
Multiple AGM battles: Rupert, Fairfax, Macquarie, Alumina
In 2010 we put together this package of companies where we have had more than three encounters over the years. News Corp and Macquarie are equal favorites with eight AGMs attended.
Jun. 9, 2021
Women on boards debate transcripts
Below is a collection of transcripts of our questions and responses about gender diversity on Australian public company boards.
Dec. 31, 2018
Raising lack of women on boards
Women only represent 10% of directors on major public company boards in Australia. This is a disgrace and here are the audio files, links and transcripts where we've raised the issue.
Mar. 3, 2012
Interesting upcoming AGMs for main 2021 season
This list looks at interesting meetings coming up during the 2021 corporate AGM season. And here is the list of all AGMs attended over the years, including this season.
Dec. 14, 2021
Questions on capital raising fairness at AGMs
Amidst the biggest deluge of capital raisings in Australian corporate history, we have been raising serious questions about the fairness of the system at AGMs as follows. Click on the links below.
Dec. 31, 2018
Getting auditors to speak at AGMs
Below is a compilation of audio files from various AGMs over the years where auditors have been asked to comment on the accounts.
Jun. 9, 2021
AGMS attended for the Daily Telegraph in 1998
Here are the lists of the AGMs we've attended since 1998.
Jun. 1, 2021
Special edition after 2007 News Corp AGM
The triumphant update sent out a few hours after the News Corp AGM.
Oct. 26, 2016
Transcripts of the big Westfield clashes of 2014
Here is an edited transcript of the two Westfield meetings held in 2014 when the proposed controversial restructure was eventually deferred after looking like being headed for a narrow defeat.
Jun. 9, 2021
Tracking 233 last day AGM laggards in 2014
This list tracks the voting results from the 233 June 30 balance date companies which held their AGM on the last possible day, November 28, 2014.
Jun. 9, 2021
Examples of lively AGM exchanges
Here are some interesting AGM exchanges from public company AGMS.
Nov. 22, 2014
Companies which clarify rem ahead of AGM vote
This list looks at companies which put out an ASX announcement clarifying an aspect of their remuneration arrangements shortly before an AGM, usually at the prompting of proxy advisers or major institutional investors.
Aug. 17, 2022
Ranking the top 50 on webcasting archives in 2010
Here is an attempt to rank the 50 largest Australian companies for the quality and completeness of their AGM webcasting and archiving as at 2010. They are ranked from best to worst.
Jun. 9, 2021
26 early AGMs attended but said nothing at
With the world's biggest small portfolio and the luxury of our own publication, there is no problem speaking at AGMs these days. However, as a regular reporter for mainstream newspapers and someone who was almost financially ruined there were plenty of meetings over the years which I attended but didn't ask questions at. Here is a list of them, along with any relevent reports from the day.
By Stephen Mayne, Mar. 27, 2022
The AGMs I really regret missing
Here is a list of some AGMs that I really regret missing over the years, with links to press reports that explain why.
By Stephen Mayne, Dec. 2, 2018
Is the AGM dead?
This article appeared in the Chartered Secretaries Australia magazine in 2006.
By Stephen Mayne, Nov. 22, 2014
How an AGM should be run
This was first published by Crikey in 2000, but has resonance today as we strive to improve public company AGMs.
By Stephen Mayne, Dec. 26, 2007
How we saved IAG $300 million
Shareholder activism, and journalism for that matter, is all about trying to change outcomes for the better and this tale is one of the Mayne Report's proudest boasts, because it really does seem that we helped save the shareholders of Insurance Australia Group $300 million.
By Jason Groves, Nov. 22, 2014
Jousting with the colourful HFA and MFS boys
Listed Australian asset manager HFA Holdings has agreed to pay $730 million for a US hedge fund called Lighthouse Partners such that the combined operation will look after $9 billion globally.
Jan. 8, 2008
Robert Reeves vs ANZ - the slugfest continues
The ding dong struggle between Robert Reeves and his former colleagues at the ANZ bank continues.
Nov. 22, 2014
Timbercorp one of the best AGMs ever
This is the report sent to Mayne Report subscribers hours after the Timbercorp AGM finished on February 21, 2008.
Dec. 4, 2008
2001 Channel Ten AGM account
This account of the Channel Ten AGM was sent to Crikey subscribers on December 5, 2001.
Nov. 22, 2014
Progress report on getting AGM records
We're getting towards the end of our exercise in writing to companies asking for transcripts or audio files from old AGMs, so that this book project will accurately tell the tale of what happened at some 300-plus AGMs over the years. Here's a progress report thus far:
Nov. 22, 2014
The biggest votes against directors
Incumbent directors in Australia average around 96% of votes when they are up for re-election. Here is a slightly dated list of directors who received a protest vote exceeding 10%.
Dec. 6, 2015
Woolies tells pokies porkies in 2007
The Woolworths AGM on November 16 in Sydney was a good opportunity to put the retailing powerhouse through its paces about pokies, succession planning and even the forthcoming Rudd Government's prices inquiry. But first, look at this disgraceful picture from one of my local pubs.
By Stephen Mayne, Jun. 9, 2021
Belting up on the Gunns cowboys
We gave Gunns plenty of stick at their AGM in Launceston on Thursday as you can see from this piece sent to Mayne Report subscribers early on Friday morning.
By Stephen Mayne, Nov. 6, 2015
Battling with Westfield legend Frank Lowy in 1999
Taking on Westfield boss Frank Lowy in 1999 produced this account for www.jeffed.com.
By Stephen Mayne, Dec. 6, 2015
Sticking it to John "Singo" Singleton in 2001
Stephen Mayne took on John Singleton at his AGM in May 2001 and this is what was sent to Crikey subscribers at the time.
By Stephen Mayne, Jun. 9, 2021
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