Micro-X Limited (ASX:MX1) has disclosed the results of its Annual General Meeting held on Thursday, 12 November 2026, with all five resolutions put to members carried by poll, including the adoption of the remuneration report, re-election of two directors, approval of an employee incentive plan, and approval of a 10% placement facility.

Key Points

  • All five resolutions at the 12 November 2026 AGM were carried by poll.
  • The re-election of Mr Andrew Hartman as a director was carried with 99.92% of poll votes in favour.
  • The re-election of Mr James McDowell as a director was carried with 99.39% of poll votes in favour.
  • The Employee Incentive Plan received 99.29% approval in the poll.
  • The 10% Placement Facility was approved with 76.34% of poll votes in favour.

Remuneration Report Adoption

Resolution 1, the adoption of the Remuneration Report, was decided by poll and carried. According to the filing, 230,949,407 votes, representing 99.25% of poll votes, were cast in favour, while 1,738,854 votes, representing 0.75%, were cast against. A total of 13,070,182 votes were recorded as abstentions. At proxy voting close, 164,029,906 proxy votes had been lodged in favour, with 3,738,854 against and 135,907 at the proxy holder's discretion.

Director Re-Elections at the AGM

Resolutions 2 and 3 concerned the re-election of directors. Mr Andrew Hartman's re-election as a director was carried by poll, with 249,986,925 votes, or 99.92% in favour, and 211,365 votes, or 0.08%, against. Mr James McDowell's re-election was also carried by poll, receiving 246,368,463 votes in favour, representing 99.39%, against 1,511,365 votes, or 0.61%, opposed. Abstentions for Mr McDowell's re-election totalled 2,321,054 votes.

Employee Incentive Plan and Placement Facility Approvals

Resolution 4, the approval of the Employee Incentive Plan, was carried by poll with 243,920,297 votes, or 99.29%, in favour and 1,738,146 votes, or 0.71%, against, with 100,000 abstentions. Resolution 5, the approval of a 10% Placement Facility, was also carried by poll, with 190,842,803 votes, representing 76.34%, in favour and 59,158,079 votes, representing 23.66%, against. Abstentions for the placement facility resolution totalled 200,000 votes.