AGM Outcome, page-49

OK - so my take on the AGM is the following ;

The Company is transforming quickly - culturally ando speed to market focus - it is what we have been crying out for The execs gave shareholders time to ask questions both in the presentation and afterwards over tea and coffee . - we got to share frustrations & get to listen to their views too - a lot of staff are also shareholders and can only sell during certain timeframes so could empathise with shareholders .

This is very different to previous times - the execs have ears and willing to use them !!!

The company is focussing the market opportunities and modifying the product solutions to sell into those markets. Allajuiah !!!

The meeting could have been a ASX 100 company AGM - Ewen is balanced, considered, and obviously very strategic. This combination with David and Ewen is obviously very strong …

No one knows when a deal will land but one big takeaway for me is :

The recent winning of the manufacturing award is significant. - as it demonstrates to the 26 energy partners ( not collaborators) that ADO not only has world class tech - it has the ability to deliver the product by demonstrating the production backend process and ability to deliver.

Energy partners need to have complete confidence in any company’s ability to supply - they have to spend huge sums within their existing production processes to facilitate ADO solutions or any others. - we have independent
validation now - very, very valuable indeed.

Many other competitors are university based where they have solid concepts without any ability to deliver.

So the manufacturing award is significant.

Each attendee will have a different take. - but all who attended and had the opportunity to have those conversations and listening to the presentations would not be selling today - that is for sure .