VivoPower International PLC (VVPR) Earnings Call Transcript & Summary

Good morning, and welcome to the Annual General Meeting of Shareholders of VivoPower International plc. My name is David Mansfield, Chief Financial Officer, and I will be chairing today's meeting. I can confirm that a quorum is present, and the meeting is duly constituted. Registered shareholders and duly appointed proxies may also ask questions. I will now hand over to our Executive Chairperson and Chief Executive Officer, Kevin Chin. Over to you, Kevin.

Thank you, David. Good morning, and welcome to the 2025 AGM of Shareholders of VivoPower International plc. Joining us today are our directors, Michael Hui, Peter Jeavons and William Langdon. Firstly, we would like to take the opportunity to thank all members of the VivoPower team, along with our partners, financiers, customers, suppliers and shareholders for their continued support and engagement throughout the year. I know once again that a quorum is present, and I formally declare the meeting open. The AGM is being held virtually and is being recorded. The notice of meeting and explanatory notes were posted to shareholders on the 21st of November 2025 and therefore, the requisite notice has been properly given. Subsequently, a press release was also provided to shareholders in connection with the first 5 resolutions. With your permission, I propose that we take the Notice of the Meeting and the Press Release as read. Are there any objections? As there are no objections, the notice and press release are taken as read. Questions. Before proposing the resolutions, we'll now move to any shareholder questions, listed shareholders and duly appointed proxies may submit a question using the Questions tab. As there are no questions, we will proceed to the formal business of the meeting, and that is the resolutions. I can confirm that I hold proxies that if the votes were conducted on a poll, would determine that the 5 resolutions will be passed. The final voting results will be published on a Form 6-K as soon as practical following the conclusion of this meeting. The full text of all resolutions are set out in the Notice of Meeting. As the notice has been taken as read, I will not read the resolutions in full. Resolutions 1 to 5 require more than 50% of votes cast to be in favor. Resolution 6 to 10 are not being put to the meeting today. Voting is being conducted on a poll, and I will now put each resolution to the meeting. Ordinary Resolution #1, laying of annual accounts and reports for the financial year ended 30th of June 2025. Ordinary Resolution #2, approval of the directors' remuneration report for the financial year ended 30th of June 2025. Ordinary Resolution #3, reappointment of WithamSmith+Brown PC as auditors. Ordinary Resolution #4, authorization of the Audit Committee to determine the remuneration of the auditors. And Ordinary Resolution #5, reelection of Kevin Chin, an extension of his term as a director by 3 years, expiring at the 2028 AGM. Should you still wish to cast your vote, click on the Voting link on the home page of the Virtual Meeting platform. [Voting]

These votes will now be counted, and the results announced as soon as possible following the conclusion of this meeting. There being no further items, I would like to thank everyone for their attendance and declare this AGM adjourned. Thank you.