The vote required is over 50% of those "present and voting" -...

The vote required is over 50% of those "present and voting" - including proxies.

The shareholders can appoint a 4th director, without removing the other 3.

Nothing like a shareholder revolt and proxy war at the AGM to get the attention of the Board and remind them they are there to look after the interests of all shareholders and should provide transparency where there are clear potential conflicts of interest.