VivoPower (NASDAQ: VVPR) AGM backs 2025 accounts and Kevin Chin to 2028
Rhea-AI Filing Summary
VivoPower International PLC held its annual general meeting on December 15, 2025, where shareholders approved five ordinary resolutions, each receiving at least 73% of votes cast. These approvals covered the company’s accounts and the directors’ and auditors’ reports for the year ended June 30, 2025, the directors’ remuneration report, the re-appointment of WithumSmith+Brown, PC as auditors until the next annual meeting, and authorization for the audit committee to set the auditors’ pay.
Shareholders also re-elected Kevin Chin as a director and extended the term of his appointment by three years, so it now runs until the 2028 annual general meeting. After those items, the chairman adjourned the meeting, so additional resolutions on share capital authorities, pre-emption rights, adoption of a dual-class share structure, amendments to the Omnibus Incentive Plan, and certain remuneration authorizations were not considered at that time.
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FAQ
What did VivoPower (VVPR) shareholders approve at the December 2025 AGM?
Shareholders approved five ordinary resolutions with at least 73% of votes cast, including the receipt of the accounts and reports for the year ended June 30, 2025, the directors’ remuneration report, re-appointment of the auditors, authorization of the audit committee to set auditor pay, and the re-election of Kevin Chin as a director with an extended term.
Which financial reports did VivoPower (VVPR) shareholders accept at the AGM?
Shareholders approved the accounts and the reports of the directors and the auditors for the financial year ended June 30, 2025, confirming formal acceptance of the company’s reported financial results and related oversight for that period.
What decision was made about VivoPower (VVPR)'s auditors at the AGM?
Shareholders voted to re-appoint WithumSmith+Brown, PC as auditors of VivoPower, to hold office until the conclusion of the next annual general meeting, and authorized the audit committee to determine the auditors’ remuneration.
Was Kevin Chin re-elected to the VivoPower (VVPR) board and for how long?
Yes. Shareholders re-elected Kevin Chin as a director and approved an extension of his term by three years, so his appointment now expires at the company’s annual general meeting in 2028.
What happened to VivoPower (VVPR)'s proposed resolutions on share capital and dual-class shares?
After voting on the first five ordinary resolutions, the chairman adjourned the meeting, so Resolutions 6 to 10—covering share capital authorities, pre-emption rights, adoption of a dual-class share structure, amendments to the Omnibus Incentive Plan, and certain remuneration authorizations—were not put to the meeting at that time.
Does this VivoPower (VVPR) update involve any new securities offering?
No. The update describes results of the annual general meeting, including approved resolutions and an adjournment. It states that it does not constitute an offer to sell or solicitation of an offer to buy any securities and references that any offering would require a proper prospectus or exemption.