Notice of AusBiotech AGM, Thursday 2 November 2023
This amended Notice of AusBiotech's AGM for the AGM scheduled for Thursday, 2 November 2023 replaces (in full) the original notice of AusBiotech's AGM circulated on August 14, 2023.
This amended Notice is being circulated as the Board wishes to propose a new item of business, number 3, concerning remuneration of the Chair.
Consequently, the original Notice has been amended by the insertion of a new item of business number 3 in relation to approval of remuneration of the Chair. All other items of business remain unchanged.
To Members and other persons entitled to notice of Annual General Meetings (AGM) of AusBiotech Ltd, the 2023 AGM of AusBiotech Ltd will be held at the Brisbane Convention & Exhibition Centre and in accordance with the AusBiotech Constitution on Thursday 2 November at 12.30pm - 1.20pm (AEST) to transact the following business:
Ordinary Business
1. ANNUAL ACCOUNTS
To consider the annual report, financial statements and report of the Directors and auditor for the year ended 30 June 2023.
2. RESULTS OF DIRECTOR APPOINTMENT/S
To note the Directors who return, and the appointment of the new Director/s in accordance with the Company's Constitution.
Special Business
3. APPROVAL OF REMUNERATION OF CHAIR
To consider and if thought fit to pass as an ordinary resolution:
"That, for the purpose of clause 9.1 of the Company's Constitution:
(a) the Company be authorised to pay to the chair of the Board, while they hold that position, remuneration determined by the Board which is no more than a value consistent with industry norms for a non-executive chair of a small to medium sized biotechnology company; and
(b) this authorisation operate with effect from the next appointment of a chair who takes office after the date of this resolution."
4. OTHER BUSINESS
Any other business that may be brought forward at a general meeting in accordance with the Constitution.
