AGM 2023 Round-up

On Thursday 27 July the Committee of the New Zealand Internet Exchange Inc (NZIX) held its 2023 Annual General Meeting.

This was our third year of holding a hybrid AGM and we welcomed our members and industry guests, both in person at the Longroom in Auckland, and online via Zoom.  We thank all guests who attended, but particularly those who braved the wind and rain to join us in person!

Society Chair, Dave Mil of Searchlight, commenced the formalities of the AGM by welcoming everyone and giving his Chair’s Report. He provided an update on the Auckland IX Expansion project, MDR floor move, launching of our new Datacom PoP and our new IX in Wellington.

Treasurer Chris Browning was pleased to announce that at the end of the 2022/23 financial year NZIX had $417k cash on hand, $219k profit before depreciation, $93k net profit and $552k equity. Also notable is that we carry no loans or other debt.

Jocelyn Bateman stood in for Tom Paseka (who was unable to join us in-person from California this year) and ran through NZIX membership growth, policies changes and confirmed there will be 3 Committee seats up for nomination next year. The new Societies Act 2022 will prompt some changes to our Society Rules and we expect those changes to be ready to vote on at next year’s AGM.

Aaron Chidiac from IAA delivered the technical report breaking down each IX and reporting on peers, traffic, routes and ports. Auckland IX had big changes over the year, with the Auckland Expansion project completing. Whilst the other two exchanges remained relatively unchanged, but ticking along nicely.

With no elections or voting this year the meeting concluded with a member discussion and everyone at the Longroom enjoyed a few drinks and nibbles as well.

We sent out a post-event survey that returned some overwhelmingly positive feedback and a couple of notes of improvements. Thank you to those who completed the survey; your feedback is valuable and always welcome. For those who were unable to attend, if you would like to see the AGM slides, they are available by request.

If you would like any additional information, or have any feedback, please do not hesitate to reach out to the team via info@ix.nz.