The 61st Annual General Meeting of Members of Qudos Mutual Limited trading as Qudos Bank ABN 53 087 650 557 was held on Wednesday 25 November 2020.

The results of the business at the AGM are as follows:

Item 4: Election of Directors

We would like to congratulate Andrew Leithhead and Joe Dicks on their re-election and thank Terry McGuirk for standing for election.

Name Valid Votes
Terry McGuirk 585
Andrew Leithhead 851
Joe Dicks 726

 

Item 5 Special Business: (a) Resolution 1 - Amendments to Qudos Bank’s Constitution to enable Qudos Bank to meet the definition of “mutual entity” under the Corporations Act

Special Resolution 1 was carried

  % of Valid Votes
Votes cast 'FOR' the motion 90.56%
Votes cast 'AGAINST' the motion 9.44%

 

Item 5 Special Business: (b) Resolution 2 (Contingent Resolution) – Amendments to Qudos Bank’s Constitution to permit issuance of mutual capital instruments (MCIs)

Special Resolution 2 was carried

  % of Valid Votes
Votes cast 'FOR' the motion 86.64%
Votes cast 'AGAINST' the motion 13.36%

Published Thursday, 26 November 2020