Marion Energy Limited
Annual General Mee+ng
19 December 2014
Mee0ng Agenda
• Tabling of Financial Report
• Ques+on Time on Financial Report
• Chairman's address
• Ordinary Business
• Special Business
• General Ques+on Time
Chairman's Address
• Comple+on of capital management ini+a+ves approved at the EGM;
• Refinance and sale process;
• Opera+ons;
• Further financing; and
• Chapter 11 and Castlelake.
Resolu0on 1: Adop0on of Remunera0on Report - 2014
"To adopt the Remunera+on Report for the year ended 30 June 2014 submiQed as part of the Directors' Report for the financial year ended 30
June 2014, pursuant to sec+ons 250R(2) and 250R(3) of the Corpora+ons Act
2001 (Corpora+ons Act)."
Proxy votes received are as follows:
6,503,608 2,325,457 2,214,579 331,790 78.93%
Open proxies in favour of the chair of the mee+ng at the +me of the mee+ng will be voted in favour.
Resolu0on 2: Re-‐Elec0on of Director - Mr Nick Stretch
"That Mr Nick Stretch who re+res in accordance with clause 6.3(c) of the Company's Cons+tu+on, being eligible, is elected as a Director of the Company""
Proxy votes received are as follows:
7,722,290 1,328,386 2,214,579 110,179 88.21%
Open proxies in favour of the chair of the mee+ng at the +me of the mee+ng will be voted in favour.
Resolu0on 3: Approval for issue of op0ons to KM
Custodians
"That for the purposes of ASX Lis+ng Rule 7.1 and for all other purposes, Shareholders approve the issue to KM Custodians of up to 8,870,475 op+ons with an exercise price of $0.05 and an expiry date which is two years from the date of issue, for the considera+on and on the further terms and condi+ons set out in the Explanatory Memorandum (KM Op+on Issue)."
Proxy votes received are as follows:
7,547,292 1,599,788 2,214,579 13,775 85.92%
Open proxies in favour of the chair of the mee+ng at the +me of the mee+ng will be voted in favour.
Resolu0on 4: Ra0fica0on of prior issue of shares to KM
Custodians
"That for the purpose of ASX Lis+ng Rule 7.4 and all other purposes Shareholders ra+fy the issue of 17,740,951 ordinary shares for the considera+on and on the further terms and condi+ons set out in the Explanatory Memorandum (KM Share Issue)."
Proxy votes received are as follows:
7,328,216 1,818,774 2,214,579 13,865 84.00%
Open proxies in favour of the chair of the mee+ng at the +me of the mee+ng will be voted in favour.
Resolu0on 5: Approval for issue of Conver0ble Notes
"That for the purpose of ASX Lis+ng Rule 7.1, and for all other purposes, approval be given to the Company to issue up to a total of 1,900 Conver+ble Notes (Conver+ble Note Issue), on the further terms and condi+ons set out in the Explanatory Memorandum."
Proxy votes received are as follows:
7,646,737 1,458,716 2,214,579 55,402 87.11%
Open proxies in favour of the chair of the mee+ng at the +me of the mee+ng will be voted in favour.
Marion Energy Limited
Annual General Mee+ng
19 December 2014