2024 RBHS Annual General Meeting and Director Elections
Please find AGM Notice here
We are pleased to invite you to attend the Annual General Meeting (AGM) for Reserve Bank Health Society Ltd (ABN 91 087 648 735).
This year’s AGM will be a virtual event. Reserve Bank Health Society (RBHS) is partnering with Vero Voting, an Australian Company. Vero complies with the Australian Privacy Principles. Their Privacy Policy is available here or via the online portal at rbhs.verovoting.com.au. During the lead up to the AGM, members may receive confirmation and reminder emails directly from Vero Voting on behalf Reserve Bank Health Society.
Date: Friday 15 November 2024
Time: 11:30am (Sydney time)
Location: The meeting will be held virtually using our online portal
To join the 2024 Reserve Back Health Society AGM, members must register via the online portal at rbhs.verovoting.com.au. Registration opens at 9.00am (AEDT) on Friday, 18 October 2024 and closes at 11.30am (AEDT) on Wednesday, 13 November 2024.
To vote in the 2024 RBHS AGM, members may either join the AGM or appoint a proxy to vote on their behalf. Members can appoint a proxy via the online portal at rbhs.verovoting.com.au using your member number and surname as credentials. The appointment of a proxy must be received no later than 11.30am (AEDT) on Wednesday, 13 November 2024.
There are four resolutions for members to vote on at this year’s AGM.
- Ordinary Resolution – Appointment of External Auditor.
To consider and, if thought fit, to pass the following Resolution as an ordinary resolution:
“That, subject to receiving ASIC’s consent, and being qualified and Ernst and Young consenting to act as auditor of the Company, Ernst and Young be appointed as the Company’s auditor in accordance with the Corporations Act, effective from the satisfaction of the conditions of this Resolution and the Directors be authorised to agree the remuneration”.
Please visit myrbhs.com.au/changeofauditor to read the Explanatory Memorandum.
2. Special Resolution 1 – Adoption of Constitution
To consider and, if thought fit, to pass the following Resolution as a special resolution:
“That, under section 137 of the Corporations Act 2001, the Constitution for Reserve Bank Health Society Ltd (RBHS) in the form presented to the Annual General Meeting be adopted as the Constitution of RBHS in substitution for and to the exclusion of the existing RBHS Constitution.”
Please visit myrbhs.com.au/constitution to read the Constitution and Explanatory Memorandum.
1 A special resolution must be passed by at least 75% of the votes cast by members
3. Ordinary Resolution – Approval to Increase Non-Executive Directors’ Remuneration Pool.
To consider and, if thought fit, to pass the following Resolution as an ordinary resolution:
“That, for the purposes of Clause 11.2 of the Constitution, members approve the increase of the maximum total aggregate amount of fees payable to non-executive Directors from $32,548 to $80,000 per annum on the terms and conditions set out in the Explanatory Memorandum”.
Please visit myrbhs.com.au/remuneration to read the Explanatory Memorandum.
4. Ordinary Resolution - Director Election - Election of two Directors for three-year terms.
To consider and, if thought fit, to pass the following Resolution as an ordinary resolution:
In accordance with the Clause 4.5 of the Constitution, two Director vacancies must be filled by member vote at the forthcoming AGM. The Company sought expressions of interest from members in August 2024 and this process has brought forward nominations from 3 members seeking appointment to the Board.
Please visit myrbhs.com.au/directorelections to read each candidate’s supporting statement.
To ask a question in advance of the AGM, please submit your question via the online portal at rbhs.verovoting.com.au using your member number and surname as credentials. Questions in advance must be received by 5:00pm (AEDT) Thursday, 14 November 2024.
Members will also be able to ask questions during the meeting through the Q&A tab via the online portal.
The following will be agenda items for the 2024 AGM:
1. Welcome to Members and Acknowledgment of Country
2. Financial Statements and Reports
To receive the financial report of the Company and the reports of the Directors and Auditor for the year ended 30 June 2024.
3. Resignation External Auditor
4. Chair’s address
5. CEO’s address
6. Resolution 1: Appointment of External Auditor
7. Resolution 2: Adoption of Constitution
8. Resolution 3: Director Remuneration
Approval to Increase Non-Executive Directors’ Remuneration Pool
9. Resolution 4: Director Elections
Election of two Directors for three-year terms.
10. General Business
To consider any other business brought forward in accordance with the Company’s Constitution or the law.
Should members have any questions, please contact:
- Vero Voting for questions regarding access to and navigating the online portal via email: support@verovoting.com.au.
- RBHS for questions regarding access to AGM material via email: companysecretary@myrbhs.com.au.
Our full 2024 Annual Report can be accessed here.