It's non binding because the remuneration report got voted against last year (1st strike).
So, if resolution 1 is voted against again, by at least 25% of shares, the the final (conditional) resolution (8) will come in to play (as a result of a 2nd strike). The voting on that resolution will then decide what happens next.
A brief description of each resolution is at the front of the announcement, more details on each resolution is located towards the back.
Note : position stated as held, only holding options when they were issued at $0.001. Sold the heads years ago.
Ann: Notice of Annual General Meeting/Proxy Form, page-7
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