Soul Patts and Brickworks merger moves forward with shareholder approval

At their respective share scheme meetings on September 10, 2025, Soul Patts shareholders approved the SOL Share Scheme with 92.42% of total votes cast in favour, while Brickworks shareholders approved the BKW Share Scheme with 98.81% of total votes cast in favour. These approvals are a significant step towards the proposed combination of the two entities.

Additionally, shareholders also approved resolutions at separate general meetings. Soul Patts shareholders passed the resolution for performance rights to the managing director & CEO with 98.39% of votes cast for the resolution. Brickworks shareholders approved the grant of performance rights to the proposed managing director & CEO of Topco with 99.29% of votes cast in favour.

The share schemes remain subject to court approval at second court hearings scheduled for September 12, 2025. If approved, the schemes are expected to become legally effective on September 15, 2025, followed by the suspension of SOL and BKW shares from trading and the commencement of Topco Shares trading on a deferred settlement basis from September 16, 2025.