Murray Irrigation is seeking to confirm the appointment of five company directors at its 2024 Annual General Meeting (AGM). The meeting will be held on Wednesday 27 November, from 10 am at the Deniliquin RSL Club, with registrations commencing at 9:30am. Similar to 2023, this will be a hybrid meeting that enables shareholders to attend either in person or online.
As part of this year’s AGM, shareholders will be asked to support the appointment of four Member Directors: Gabrielle Coupland, Noel Graham AM, Geoff McLeod and Leanne Small. The company appointed them earlier this year to fill casual Board vacancies made available following a general meeting. Shareholders will also be asked to vote on appointing Non-Member Director Robert Burbury for another three-year term.
The biographies of these five directors are available on Murray Irrigation’s website.
An additional resolution seeks to increase the aggregate sum of remuneration to company directors from $400,000 to $500,000 and adjust it by the annual CPI starting 1 July 2026.
Chair Phil Snowden said the Board unanimously supports all six resolutions that will be put to the vote. He considers the appointment of the four Member Directors and the reappointment of Mr Burbury for a second term as crucial to maintaining stability at both Board and company level.
“These five Directors have all undertaken a rigorous recruitment process and have been appointed as Murray Irrigation Directors due to their varied strengths and skills that complement the Board,” Mr Snowden said.
“A strong, skilled Board is paramount to supporting Murray Irrigation in navigating the range of external factors the industry and our community are currently facing, including water buybacks.
“For this reason, I cannot overemphasise the importance of shareholders taking the opportunity to cast their votes at the upcoming AGM.”
Shareholders who are attending the AGM in person or online will be able to vote directly during the meeting. For shareholders who wish to vote before the AGM, online voting is open until 10am on Monday 25 November. In accordance with the company’s constitution, Murray Irrigation must also receive all proxy forms before this time.
To be eligible to vote, a shareholder must have paid all fees currently due and payable to the company by 10am on Sunday 24 November; that is, at least 72 hours before the meeting. Shareholders who have a formal payment arrangement in place and are meeting the terms of their arrangement as at 10am on Sunday 24 November, are also eligible to vote.
The Notice of the 2024 Annual General Meeting, which includes the meeting agenda, details on resolutions, directions to complete the voting/proxy form, Murray Irrigation’s 2024 Annual Report, and instructions on how to attend and vote at the AGM virtually, can be found on the company’s AGM website.
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