a2 Milk shareholders approve director appointments, remuneration boost

The a2 Milk Company Limited announced the successful passing of all four resolutions at its 2025 annual meeting of shareholders in Auckland. Shareholders re-elected Pip Greenwood and Sandra Yu as directors, and also elected Lain Jager and Grant Dempsey, who were appointed by the board during the year. The resolution to authorize the directors to fix the auditor's fees for Ernst & Young passed with 99.09% of votes in favor.

A notable resolution approved was the increase in the maximum aggregate annual remuneration for non-executive directors by $310,000, raising the total from $1,365,000 to $1,675,000. This passed with 98.34% of votes for the increase. Shareholders also approved, on an advisory basis, the acquisition of 324,606 performance rights by the company's chief executive and managing director, David Bortolussi, or an associate, under the company's long term incentive plan, with 99.68% of votes in favor.

All voting was conducted by a poll, in accordance with NZX Listing Rule 6.1.