IMB’s Annual General Meeting held on 25 October 2022

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IMB Bank held its Annual General Meeting today, 25 October 2022.

Click here for the Chairman’s Address and CEO’s Address.

Members are encouraged to read the addresses, which contain information in relation to IMB’s annual financial results and strategic initiatives being implemented by IMB.

At today’s annual general meeting, members approved:

the re-appointment of directors Ms Cathy Aston and Mr Christopher Whitehead, with immediate effect;
the amendment to IMB’s Constitution to update the terms relating to preference shares to align with prudential standards.

The proposed variations of rights of IMB depositor members and shareholders members arising from the amendment of the Constitution were also approved in each of the class meeting of depositor members and the class meeting of shareholder members and will become effective in one (1) month. More information is available for members at www.imb.com.au/agm

The results for each resolution considered at today’s meetings is as follows:

PROXY VOTES (at proxy close)						RESULTS AFTER POLL / SHOW OF HANDS
	FOR	OPEN	AGAINST	ABSTAIN	PROXY’S DIRECTION	FOR	AGAINST	ABSTAIN	RESULT
AGM Resolution 1 – Reappointment of Cathy Aston	486	107	11	18	6	Passed on a show of hands	Passed on a show of hands	Passed on a show of hands	CARRIED
AGM Resolution 2 – Reappointment of Christopher Whitehead	484	107	9	23	5	Passed on a show of hands	Passed on a show of hands	Passed on a show of hands	CARRIED
AGM Resolution 3 - Amendments to IMB’s Constitution	467	115	17	23	6	631	20	23	CARRIED 96.93%
Class Meeting of Depositors Resolution 1 -Variation of Rights of IMB Depositor Members	371	106	23	28	3	521	25	29	CARRIED 95.42%
Class Meeting Resolution 1 - Variation of Rights of IMB Shareholder Members	89	17	5	18	-	130	6	5	CARRIED – 95.59%

Date: 25 October 2022

IMB’s Annual General Meeting held on 25 October 2022

October 25, 2022

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