Southern Cross Media Group AGM Passes Director Elections, Defeats Non-Board Resolutions on 5 November 2026

Aditi Sarkar

05 November 2026 03:14 PM AEDT

Southern Cross Media Group AGM Passes Director Elections, Defeats Non-Board Resolutions on 5 November 2026

Image Source: Krish Capital Pty Ltd

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Southern Cross Media Group (ASX:SXL) has disclosed the voting results from its 2026 Annual General Meeting held on 5 November 2026 at Level 6, 8 Central Avenue, Eveleigh, NSW 2015, with Items 2 to 11 carried and two non-Board endorsed resolutions, Items 12 and 13, not carried.

Key Points

All resolutions at the 5 November 2026 AGM were decided by way of a poll.
Items 2 to 11, including director elections and the remuneration report, were carried.
Items 12 and 13, which were not Board endorsed, were not carried — receiving 24.90% and 2.89% of votes in favour respectively.
The resolution to change the company name and constitution (Item 11) was not carried, with 96.95% of votes cast in favour but falling short as a special resolution.
Six director elections and one re-election were carried, with votes in favour ranging from 94.37% to 99.28%.

Director Elections and Re-Election Results

Six directors were elected or re-elected at the meeting. Ms Teresa Dyson received the highest support at 99.28% of votes in favour, followed by Ms Cathy O'Connor at 98.98%, The Hon Mark McGowan AC at 98.90%, Ms Karen Stocks at 99.08%, and Ms Sylvia Wiggins at 99.04%. The re-election of Ms Marina Go AM was carried with 75.21% of votes in favour. Mr Ryan Stokes AO was elected with 94.37% of votes in favour. All these resolutions were ordinary resolutions and were carried.

Remuneration Report and CEO Performance Rights

The remuneration report (Item 9) was carried with 97.30% of votes cast in favour, representing 155,286,058 votes for the resolution. The grant of performance rights to the Managing Director and Chief Executive Officer under the company's FY27 Long Term Incentive Plan (Item 10) was also carried, with 96.95% of votes in favour, representing 264,121,275 votes for the resolution. Both resolutions were ordinary resolutions decided by poll at the meeting.

Non-Board Endorsed Resolutions Defeated

Two resolutions that were not Board endorsed failed to pass. Item 12, the removal of Ms Marina Go AM as Director under Section 203D of the Corporations Act, received 24.90% of votes in favour and was not carried. Item 13, the election of external non-Board endorsed Director candidate Mr Stephen Mayne, received 2.89% of votes in favour and was not carried. The filing states both items were not Board endorsed. The company's disclosure was authorised by the Company Secretary in accordance with ASX Listing Rule 3.13.2 and Section 251AA of the Corporations Act 2001.

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