Our 2020 AGM was held on 17 November 2020 and it was great to welcome members to our first hybrid AGM.
Members appointed Tim Staley to the Board for a term of 3 years and voted in favour of the proposed constitutional changes.
We would like to extend our sincere thanks to the 99 members who attended the evening in-person and online, and to the 938 members who took part in MOVE Bank’s governance through their voting proxies.
|
Resolution |
For |
Against |
Result |
|
|
1 |
Appoint Mr Tim Staley |
92.28% |
7.72% |
Carried |
|
2A |
Removing Common Bond |
88.28% |
11.72% |
Carried |
|
2B |
Voting on Demutualisation Proposals |
87.89% |
12.11% |
Carried |
|
2C |
$NIL Subscription price for member shares |
86.97% |
13.03% |
Carried |
|
2D |
New memberships, termination of memberships, membership requirement for directors, term for external directors and deletion of a policy number |
90.23% |
9.77% |
Carried |
|
2E |
Methods of attending meetings and direct voting |
94.03% |
5.97% |
Carried |
Thank you to all members who participated in this year’s AGM.
