Elevra Lithium (SYA) AGM 2024 summary

Opening remarks and agenda

• Meeting chaired by James Brown, with directors and key executives introduced, including new board member Laurie Lefcourt.

• Agenda included merger with Piedmont Lithium, FY24 highlights, operational performance, strategy update, and FY25 guidance.

• Emphasis on respectful, orderly, and productive discussion, with hybrid attendance options and clear voting procedures outlined.

• Notice of meeting and prior AGM minutes made available; over 1.82 billion proxy votes received.

Board and executive committee updates

• Laurie Lefcourt appointed as director in October 2024, bringing expertise in governance, risk, and strategy.

• Lucas Dow appointed as Managing Director and CEO; Dougal Elder as CFO; Philip Lucas and Laurie Lefcourt as Non-Executive Directors.

• Board strengthened with independent non-executive directors and formation of key committees for audit, risk, nomination, and remuneration.

• Audit and Risk Committee and Nomination and Remuneration Committee formed.

• New CEO, CFO, and company secretary appointed; investor relations function established.

Corporate governance

• Enhanced governance practices implemented, including new remuneration policies and improved reporting.

• Board and management changes aimed at transparency, accountability, and sustainable growth.