AFIC shareholders approve all resolutions at 2025 annual general meeting

At its 2025 annual general meeting on September 30, Australian Foundation Investment Company Limited (AFIC) reported that all proposed resolutions were passed by way of a poll. Shareholders voted on key agenda items, including the adoption of the remuneration report and the re-election of a director.

The resolution for the adoption of the remuneration report saw 73,120,213 votes in favor, representing 94.63% of the total votes cast, against 4,145,752 votes. Similarly, the re-election of director Ms. Rebecca Dee-Bradbury was overwhelmingly approved with 78,049,466 votes in favor (97.97%) compared to 1,617,557 against.

Company secretary Matthew Rowe confirmed the results. These outcomes signify strong shareholder support for AFIC's governance and remuneration practices.