PainChek AGM Passes Five Resolutions; 10% Placement Capacity Vote Fails

Aakashdeep

04 November 2026 04:48 PM AEDT

PainChek AGM Passes Five Resolutions; 10% Placement Capacity Vote Fails

Image Source: Krish Capital Pty Ltd

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PainChek Limited (ASX:PCK), developer of an AI-powered pain assessment and monitoring application, has disclosed the results of its Annual General Meeting held on 4 November 2026, with five of six resolutions passed by the required majority and the special resolution seeking approval of a 10% placement capacity failing to carry.

Key Points

Resolutions 1, 2, 3, 5 and 6 were passed by the required majority at the AGM held 4 November 2026.
Resolution 4, seeking approval of a 10% placement capacity as a special resolution, was not carried, receiving 63.50% of votes in favour against 36.50% against.
Ms Cynthia Payne was re-elected as a director, with 98.19% of votes cast in favour.
Ms Lilian Bianchi was elected as a director, with 99.35% of votes cast in favour, and the resolution to issue her performance rights as Chair was also passed with 97.97% in favour.

Adoption of Remuneration Report and Director Elections

The Remuneration Report was adopted under Resolution 1, with 97.73% of votes cast in favour and 2.27% against. Resolution 2, covering the re-election of Ms Cynthia Payne as director, was carried with 98.19% of votes in favour and 1.81% against. Resolution 3, covering the election of Ms Lilian Bianchi as director, was carried with 99.35% of votes in favour and 0.65% against. All three resolutions were ordinary resolutions and passed by the required majority at the meeting held in Sydney, Australia.

10% Placement Capacity Special Resolution Not Carried

Resolution 4, which sought shareholder approval for a 10% placement capacity and was classified as a special resolution, was not carried. According to the filing, 63.50% of votes were cast in favour and 36.50% were cast against. The total votes for the resolution numbered 43,498,279 in favour and 25,002,230 against, with 394,962 abstentions recorded. As a special resolution, approval required a higher threshold than an ordinary resolution, and the vote did not meet the required majority.

Ratification of Convertible Notes and Performance Rights for Chair

Resolution 5, covering the ratification of the prior issue of convertible notes, was carried as an ordinary resolution with 96.53% of votes in favour and 3.47% against. Resolution 6, concerning the issue of performance rights to Chair Lilian Bianchi, was also carried as an ordinary resolution, receiving 97.97% of votes in favour and 2.03% against. The total votes cast in favour of Resolution 6 numbered 61,909,855, with 1,280,800 votes against and 397,077 abstentions recorded.

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