Chair Update - 1 December 2025

Murray Irrigation Limited (Company) held its final Board meeting for the year on Thursday 27 November 2025.
 
The Board meeting focused primarily around the 2025 Annual General Meeting (AGM), appointment of office bearers and the 2026 Board work plan.
 
AGM
 
As announced in last week’s shareholder update, the Company held its 2025 AGM on 27 November 2025. I thank shareholders who attended both in person and online.
 
There was just one resolution put to the vote during the AGM, which related to the cancellation of shares resulting from applications by shareholders. This resolution was carried.
 
The official AGM voting results, together with a recording of the AGM proceedings can be found on the Company's website here: https://www.murrayirrigation.com.au/AGM
 
Appointment of office bearers 
 
I am pleased to announce the following appointments, which remain unchanged:
 
Chair: Phil Snowden
Deputy Chair: Geoff McLeod
Remunerations and Nominations Committee Chair: Trisha Gorman
Audit and Risk Management Committee Chair: Robert Burbury
Water Policy and Management Committee Chair: Geoff McLeod
Water Risk Committee Chair: Robert Burbury
National Irrigators’ Council delegate: Gabrielle Coupland
 
The above committees and delegations are an important element of the Company’s governance structure, ensuring that key initiatives and processes have been discussed and are understood at a committee level prior to coming to the Board for discussion and approval. I congratulate these Directors on their re-appointments as committee Chairs and delegates and am confident their skill sets will continue to bring value to the committees and in turn, the Board.
 
2026 Board work plan

The Board spent some time discussing and finalising the 2026 work plan, centred around the expected challenges facing the region and importantly the steps the Company can take to mitigate the impacts of those challenges. This work plan kicks off with the Board Strategy Day being held in late February 2026, and I look forward to providing shareholders with an update at the conclusion of these important few days.
 
Closure
 
Last week’s Board meeting was the final scheduled meeting for the year. I would like to thank the Company’s shareholders for your support over the last 12 months. I hope the harvest treats you well and wish you all a Merry Christmas and Happy New Year. I look forward to working with you all throughout 2026.

If shareholders have any questions in the meantime, please contact the Company Secretary on:

T. 1300 138 265

E. companysecretary@murrayirrigation.com.au

Phil Snowden

Murray Irrigation Chair

M: 0427 839 217

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