2026 Bank AGM Details
Bendigo and Adelaide Bank Sets October Date for Hybrid 2026 Annual General Meeting
Key Points
The 2026 AGM will be held on 20 October 2026 at 11:00 am AEDT at Ulumbarra Theatre, Bendigo, and will be a hybrid event with in-person and online attendance; in-person registrations open from 10:00 am AEDT and online registrations from 10:30 am AEDT, with a live webcast available on the bank’s website and mail voting (to the listed address) as an alternative voting method.
Margaret Payn is set for re-election as a Bendigo and Adelaide Bank director, having previously retired under Rule 72 of the bank’s Constitution.
The Remuneration Report item on the agenda is a non-binding ordinary resolution, meaning shareholders vote on the report but it does not bind the company.
Voting exclusions will apply to the grant of 150,000 performance rights to CEO and Managing Director Richard Fennell under the Omnibus Equity Plan, with votes cast by Fennell or his closely related parties disregarded subject to specified exceptions.
The bank has emphasised market engagement and compliance, noting that the AGM notice complies with ASX listing requirements and that the bank maintains dedicated media and investor relations contacts to manage queries around the AGM.
Bendigo and Adelaide Bank has scheduled its 2026 Annual General Meeting for October 20 at Ulumbarra Theatre in Bendigo. The hybrid event will offer in-person attendance, online streaming, and mail voting options for shareholders. Kalkine reports the bank is also pushing forward with its financial results presentation on August 24, 2026, as it works to strengthen investor confidence and governance transparency.
The AGM agenda includes routine matters like approving the annual financial report and re-electing director Margaret Payn. Shareholders will also vote on a non-binding remuneration report and decide whether to grant CEO Richard Fennell 150,000 performance rights under the bank's equity plan. Kalkine notes the bank has released its Corporate Governance Statement and Sustainability Report ahead of the meeting to demonstrate regulatory compliance and ESG commitment.
Margaret Payn Returns to Board After Retirement
Margaret Payn is seeking re-election as a Bendigo and Adelaide Bank director. She previously retired under Rule 72 of the bank's Constitution, which requires certain directors to step down periodically. TipRanks reports that her return to the board is part of the bank's normal governance rotation cycle at the October meeting.
CEO Pay Package Gets Shareholder Vote in October
Richard Fennell, the CEO and Managing Director, is up for a significant equity grant. The bank is asking shareholders to approve 150,000 performance rights for Fennell under its Omnibus Equity Plan. Kalkine states that voting exclusions will apply—meaning Fennell and his closely related parties cannot vote on this resolution, though specified exceptions exist.
The remuneration report itself is a non-binding vote, so shareholders provide feedback but cannot block the board's pay decisions. This structure is standard for Australian listed companies under ASX rules.
Strong Financial Performance Enters Shareholder Review
Bendigo and Adelaide Bank reported a 3.0% increase in cash earnings for the year ended June 30, 2026. Revenue grew 5.1% during the same period, Kalkine reports. These results will form part of the financial statements shareholders must formally approve at the October AGM.
The bank also released its 2026 Sustainability Report, complying with mandatory climate reporting rules under AASB S2 and the Corporations Act. This disclosure package signals the bank's commitment to environmental and social governance standards that investors increasingly scrutinize.
Hybrid Meeting Format Expands Shareholder Access
The October 20 AGM will open in-person registration at 10:00 am AEDT, with online registration starting at 10:30 am AEDT. A live webcast will stream on the bank's website, and shareholders unable to attend can cast votes by mail to a listed address. Kalkine notes this multi-channel approach reflects modern governance practice and broadens participation beyond Bendigo-based investors.
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