Kumba Iron Ore shareholders approve all resolutions at AGM

Kumba Iron Ore (JSE: KIO) held its annual general meeting on June 4, 2025, where shareholders approved all proposed resolutions. Key decisions included the re-appointment of PricewaterhouseCoopers as independent external auditors, the election and re-election of various directors, including Mrs. Mary Sina Bomela and Mr. Themba Moyeni Mkhwanazi, and the election of committee members for the Social, Ethics, and Transformation Committee and the Audit Committee. Shareholders also approved the remuneration policy and its implementation via non-binding advisory votes, and authorized directors to allot and issue ordinary shares. Special resolutions passed included granting authority to issue shares for cash, determining remuneration for Non-Executive Directors, and approving financial assistance under the Companies Act. The voting results showed strong support for all resolutions, with most items receiving over 99% approval from the 305,150,993 shares voted.