I understand the reasons for Res 5 but if you advocate Res 4...

I understand the reasons for Res 5 but if you advocate Res 4 you're signing away your stake in the company.

With 3.75b shares on issue (approx), they can issue 930m shares without consulting you. This means they can dilute your holding at will and spend the money without going into a lot of detail about what it'll be used for. You're stake of x will be worth 25% less each year if they exercise their right to issue the shares.