Webjet Group Limited Announces 2026 Annual General Meeting for August 27 Featuring Director Elections and Executive Incentive Plan Approvals

Webjet Offers Hybrid Attendance for 2026 AGM to Enhance Shareholder Participation

Webjet Group Limited is facilitating shareholder engagement for the 2026 Annual General Meeting through both in-person and virtual attendance options. The physical meeting will be held at the company’s corporate office located at Level 2, 509 St Kilda Road, Melbourne, Victoria, with registration commencing at 1:30pm on the meeting day. This hybrid format reflects modern shareholder engagement strategies accommodating investors across various locations and circumstances.

Virtual participation will be enabled via the Automic investor portal at investor.automic.com.au, allowing remote shareholders to watch the meeting live, submit questions on agenda items, and vote in real time. This approach ensures equitable participation rights for all shareholders regardless of attendance method. Shareholders unable to attend in person or online can submit proxy votes by mail, facsimile, or online, provided these are received by 2:00pm Melbourne time on Tuesday, 25 August 2026.

Shareholders to Vote on Remuneration Report for FY Ending 31 March 2026

The initial resolution at the 2026 AGM requests shareholder approval of Webjet's Remuneration Report covering the financial year ended 31 March 2026. This advisory, non-binding vote allows shareholders to express their views on the company’s executive compensation policies and practices. While the outcome does not legally bind the Board, it serves as a key indicator of shareholder sentiment regarding remuneration structures for directors and senior management.

Voting exclusions apply to this resolution, limiting participation from parties with interests in the remuneration framework. Detailed information on these exclusions and the Remuneration Report is available in Webjet's 2026 Annual Report on the investor website at www.webjetgroup.com. Shareholders are encouraged to review the report thoroughly before the meeting to understand the compensation arrangements and performance criteria under consideration.

Shareholder Confirmation Sought for Dr. Gary Weiss AM’s Directorship

Webjet will seek shareholder endorsement of Dr. Gary Weiss AM, appointed to the Board on 1 May 2026. Per clause 10.11 of Webjet's Constitution, such Board-appointed directors require shareholder confirmation at the next general meeting. This resolution enables shareholders to formally approve Dr. Weiss AM’s continuation as a Director.

Dr. Weiss AM currently serves as Interim Chair of Webjet Group Limited, as indicated by his signature on the meeting invitation letter. The confirmation is an ordinary resolution requiring a simple majority vote by eligible shareholders. This process aligns with governance best practices, ensuring new Board members receive explicit shareholder approval, thereby enhancing transparency and accountability.

Approval Requested for Long-Term Incentive Plan Rights Grant to CEO Nicole Sheffield

Shareholders will consider approving the grant of 2,565,988 Rights to Group CEO and Managing Director Ms. Nicole Sheffield under Webjet’s Long-Term Incentive Plan. This approval complies with ASX Listing Rule 10.14, which requires shareholder consent for financial benefits granted to related parties such as senior executives. The Rights grant is a pivotal element of the executive incentive program aimed at aligning Ms. Sheffield’s interests with long-term shareholder value and company performance.

Details on the Long-Term Incentive Plan, including vesting terms, exercise prices, and performance hurdles, are outlined in the Explanatory Statement accompanying the meeting notice. Voting exclusions apply to Ms. Sheffield and related parties. This ordinary resolution requires a simple majority vote from eligible shareholders.

Non-Executive Director Share Plan Approval for Dr. Gary Weiss AM

The meeting includes a resolution to approve issuing up to $190,000 worth of shares annually to Dr. Gary Weiss AM (or his nominee) under the Non-Executive Director Share Plan for the three-year period ending 27 August 2029. This approval, pursuant to ASX Listing Rule 10.14, sets a maximum annual share issuance value to non-executive directors.

The Share Plan aims to provide equity-based remuneration to non-executive directors, aligning their interests with shareholders. Pre-approval for this three-year framework streamlines administration and ensures transparent disclosure of compensation policies. Voting exclusions apply, with full details in the Explanatory Statement.

Election of Shareholder-Nominated Directors Ms. Cinzia Burnes and Mr. Andrew Burnes AO

Shareholders will vote on electing two directors nominated through the shareholder nomination process: Ms. Cinzia Burnes and Mr. Andrew Burnes AO. These nominations comply with section 249N of the Corporations Act 2001 (Cth) and clause 10.10(c) of Webjet’s Constitution, providing shareholders a direct role in Board composition beyond Board-appointed directors.

Both candidates meet the company’s constitutional eligibility criteria for director nominations. These ordinary resolutions require a simple majority vote by eligible shareholders. The Explanatory Statement offers comprehensive information on each candidate’s qualifications, experience, and independence to assist shareholders in making informed decisions.

Financial Reports and Auditor’s Report for FY 2026 to be Presented

At the AGM, shareholders will receive and consider Webjet’s Financial Report, Directors’ Report, and Auditor’s Report for the year ended 31 March 2026. Although no vote is required on these reports, their formal presentation fulfills statutory obligations and provides an opportunity for shareholders to discuss financial performance, governance, and audit matters.

The 2026 Annual Report and related investor materials are accessible via Webjet’s investor website at www.webjetgroup.com. Printed copies have been distributed only to shareholders who opted for physical communications. Shareholders may request a free printed Annual Report each year by contacting the Share Registry, balancing environmental considerations with shareholder preferences.

Proxy Voting Instructions and Shareholder Participation Options

Shareholders unable to attend the AGM in person or online can submit proxy votes through mail, facsimile, or online platforms. The proxy form included with the meeting notice provides detailed guidance on each voting method. To be valid, proxy submissions must be received by 2:00pm Melbourne time on Tuesday, 25 August 2026, two business days before the meeting.

This proxy system ensures shareholders can exercise voting rights and engage in governance even if unable to attend. Online proxy submission offers convenience and immediate confirmation, while alternative methods accommodate varying technological access. Detailed voting procedures are outlined on pages 6-8 of the formal notice.

Webjet Emphasizes Governance Transparency and Shareholder Alignment in 2026 AGM

The extensive agenda for the 2026 AGM highlights Webjet Group Limited’s dedication to transparent governance and aligning shareholder interests. By presenting multiple resolutions—including director confirmations, executive incentive approvals, and non-executive compensation plans—the company fosters shareholder engagement and oversight consistent with modern governance expectations.

Operating within the travel technology sector, Webjet provides online travel booking platforms. The AGM announcement reflects governance standards expected of an ASX-listed Australian company regulated by ASIC and the ASX. Scheduling the meeting for 27 August 2026 with hybrid attendance options demonstrates management’s commitment to accessible shareholder communication. The appointment of Dr. Gary Weiss AM as Interim Chair and subsequent shareholder confirmations indicate ongoing developments in Board composition.