Smart Parking Limited (ASX:SPZ) has disclosed the results of its Annual General Meeting held on Friday, 13 November 2026, with all five resolutions put to the meeting carried by substantial majorities, while a sixth resolution seeking approval of a 10% placement capacity was not put to the meeting.

Key Points

  • All five resolutions put to vote at the 13 November 2026 AGM were carried.
  • Resolution 1, adoption of the Remuneration Report, was carried with 94.46% of votes in favour on a poll.
  • Resolution 4, re-election of director Mr Simon Jones, received the highest support at 99.25% of votes in favour.
  • Resolution 6, approval of 10% Placement Capacity, was not put to the meeting because the company's market capitalisation exceeded $300 million.

Remuneration Report and Equity Allocation Results

The Remuneration Report adoption (Resolution 1) was carried with 146,114,074 votes in favour, 5,618,660 against, and 2,953,945 at the proxy's discretion, representing 94.46% support on a poll. Resolution 2, covering the allocation of equity to the Managing Director under the Employee Incentive Plan, was carried with 253,775,367 votes in favour and 9,060,771 against, equating to 95.58% approval. A total of 577,959 votes were recorded as abstentions for that resolution.

Director Re-Elections Approved

Resolution 3, the re-election of director Mr Christopher Morris, was carried with 212,228,578 votes in favour and 4,976,986 against, representing 96.91% support. Resolution 4, the re-election of director Mr Simon Jones, recorded the strongest result of the meeting, with 269,157,115 votes in favour and only 72,980 against, equating to 99.25% of votes cast in favour and 99.97% of valid votes on a poll. Both resolutions were ordinary resolutions.

Non-Executive Director Remuneration Cap and Withdrawn Resolution

Resolution 5, to increase the aggregate cap on Non-Executive Directors' remuneration, was carried as an ordinary resolution with 151,512,265 votes in favour and 2,320,352 against, representing 97.29% approval. Resolution 6, a special resolution seeking approval of a 10% placement capacity, was not put to the meeting on the basis that the company's market capitalisation exceeded $300 million. The results were disclosed in accordance with Listing Rule 3.13.2 and section 251AA of the Corporations Act, with the proxy summary signed by Company Secretary Richard Ludbrook.