Netwealth Group Shareholders Pass All Resolutions at 2026 Annual General Meeting

Aakashdeep

11 November 2026 12:32 PM AEDT

Netwealth Group Shareholders Pass All Resolutions at 2026 Annual General Meeting

Image Source: Krish Capital Pty Ltd

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Netwealth Group Limited (ASX:NWL) has advised that shareholders passed all resolutions put before them at the company's Annual General Meeting held on Wednesday, 11 November 2026, with each resolution determined by way of a poll.

Key Points

All resolutions at Netwealth's 2026 Annual General Meeting were carried by poll on 11 November 2026.
The remuneration report was adopted with 99.26% of votes cast in favour and 0.74% against.
The re-election of Director Mr Michael Heine was carried with 97.81% of votes in favour and 2.19% against.
Approval of the CEO and Managing Director's Long Term Incentive Award was carried with 99.17% of votes in favour and 0.83% against.

Remuneration Report Adoption Result

Shareholders voted to adopt the remuneration report under Resolution 2. According to the filing, 108,910,481 votes were cast in favour and 816,766 votes were cast against. This represented 99.26% in favour and 0.74% against of votes counted in determining the resolution. Abstentions totalled 5,805 votes, which under the Corporations Act 2001 are not counted in determining whether the required majority was achieved. No strike was recorded against the remuneration report.

Re-Election of Director Michael Heine

Resolution 3 concerned the re-election of Director Mr Michael Heine to the Netwealth Group board. The resolution was carried with 107,338,493 votes in favour and 2,408,890 votes against, equating to 97.81% support and 2.19% against of votes counted. Abstentions in this resolution totalled 100,004,230 votes, which the filing notes are not counted in determining whether the required majority of votes were cast for or against the resolution.

CEO Long Term Incentive Award Approval

Resolution 4 sought shareholder approval for the CEO and Managing Director's Long Term Incentive Award. The resolution was carried with 108,834,949 votes in favour and 907,620 votes against, representing 99.17% and 0.83% of votes counted respectively. Abstentions totalled 9,044. The filing was authorised for release by the company's Chief Financial Officer, Hayden Stockdale, in accordance with ASX Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001.

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