Paladin Limited (stock code: 495) released a circular dated 30 October 2025 regarding the upcoming Annual General Meeting (AGM) to be held on 4 December 2025. The circular outlines several key proposals including seeking shareholders’ approval for general mandates to repurchase and issue securities, and the re-election of retiring directors.

The board intends to obtain authorization to issue up to 20% of the ordinary shares in issue and to repurchase up to 10% of the ordinary shares. The explanatory statement on the proposed repurchase mandate is included in the circular, covering reasons for repurchases and potential impacts. The board indicates that any repurchase would only be conducted if it benefits both the company and its shareholders.

Two directors, namely the Chairman and one independent non-executive director, are up for re-election. According to the nomination committee’s recommendation, both are considered to have contributed to the diversity and expertise of the board. Specific biographical details and their contributions to the board are included in the circular’s appendix.

The AGM notice specifies the meeting location, scheduled for 4 December 2025, and advises shareholders to submit proxy forms at least 48 hours in advance if they are unable to attend. Shareholders are encouraged to refer to the circular for details on voting procedures, as well as the full text of proposed resolutions to be decided at the meeting.