Morgan Advanced Materials plc (the "Company")
RESULTS OF ANNUAL GENERAL MEETING
The Company confirms that all resolutions set out in the notice of its 2023 Annual General Meeting were duly passed by the requisite number of shareholders on a poll, at the meeting held on 29 June 2023.
The poll results of each resolution are set out below. The number of the Company's Ordinary shares carrying the right to vote at the meeting was 285,369,988.
Each share carried one vote.
| Resolution | Votes For (see note 1) | Votes Against (see note 1) | Votes Withheld (see note 2) | Total Votes Cast (excl. withheld votes) | % of total issued share capital voted (excl. withheld votes) | ||
| Number of shares | % of total voted | Number of shares | % of total voted | ||||
| 1. To receive the audited accounts and the Auditor's and Directors' Reports for the year ended 31 December 2022 | 238,823,846 | 100.00% | 4,475 | 0.00% | 189,575 | 238,828,321 | 83.69 |
| 2. To approve the Directors' Remuneration Report | 234,867,882 | 98.30% | 4,064,024 | 1.70% | 85,987 | 238,931,906 | 83.73 |
| 3. To approve the final dividend | 238,997,000 | 100.00% | 1,405 | 0.00% | 19,491 | 238,998,405 | 83.75 |
| 4. To re-elect Jane Aikman as a Director | 237,238,824 | 99.27% | 1,755,660 | 0.73% | 23,412 | 238,994,484 | 83.75 |
| 5. To elect Richard Armitage as a Director | 238,195,449 | 99.67% | 799,035 | 0.33% | 23,412 | 238,994,484 | 83.75 |
| 6. To re-elect Helen Bunch as a Director | 236,113,303 | 98.80% | 2,871,181 | 1.20% | 33,412 | 238,984,484 | 83.75 |
| 7. To elect Ian Marchant as a Director | 238,812,844 | 99.92% | 180,530 | 0.08% | 24,522 | 238,993,374 | 83.75 |
| 8. To re-elect Laurence Mulliez as a Director | 237,037,675 | 99.18% | 1,956,809 | 0.82% | 23,412 | 238,994,484 | 83.75 |
| 9. To re-elect Pete Raby as a Director | 238,779,628 | 99.91% | 214,856 | 0.09% | 23,412 | 238,994,484 | 83.75 |
| 10. To re-elect Clement Woon as a Director | 237,093,268 | 99.20% | 1,901,216 | 0.80% | 23,412 | 238,994,484 | 83.75 |
| 11. To re-appoint Deloitte LLP as Auditor of the Company | 238,688,437 | 99.94% | 148,775 | 0.06% | 180,684 | 238,837,212 | 83.69 |
| 12. To authorise the Audit Committee of the Board of Directors to determine the Auditor's remuneration | 238,977,572 | 99.99% | 33,322 | 0.01% | 7,002 | 239,010,894 | 83.75 |
| 13. To authorise the Company and its subsidiaries to make political donations and incur political expenditure | 235,999,781 | 98.75% | 2,999,299 | 1.25% | 18,816 | 238,999,080 | 83.75 |
| 14. To authorise the Directors to allot shares | 231,272,013 | 96.76% | 7,737,059 | 3.24% | 8,824 | 239,009,072 | 83.75 |
| 15.* To empower the Directors to generally disapply pre-emption rights up to a specified limit | 238,333,803 | 99.72% | 674,517 | 0.28% | 9,576 | 239,008,320 | 83.75 |
| 16.* To empower the Directors to disapply pre-emption rights in connection with acquisitions or capital investments up to a specified limit | 236,048,066 | 98.76% | 2,966,199 | 1.24% | 3,631 | 239,014,265 | 83.76 |
| 17.* To authorise the Company to purchase its own Ordinary shares up to the specified limit | 237,993,450 | 99.58% | 1,000,506 | 0.42% | 23,940 | 238,993,956 | 83.75 |
| 18.* To enable the Company to convene a general meeting (other than AGMs) on at least 14 days' notice | 233,447,438 | 97.67% | 5,567,937 | 2.33% | 2,521 | 239,015,375 | 83.76 |
In accordance with Listing Rule 9.6.2, copies of the resolutions passed by Morgan Advanced Materials plc shareholders concerning items other than ordinary business have been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstorage
Board Changes
Further to the announcement on 18 January 2023, the Company confirms that Douglas Caster has retired as Chair and Non-executive Director and that Ian Marchant has taken over as Chair following the conclusion of the AGM today.
Notes:
1. Votes "for" and "against" are expressed as a percentage of votes received. Votes "for" include those at the Chairman's discretion.
2. Votes "withheld" are not votes in law and, therefore, have not been included in the calculation of the proportion of votes "for" or "against" a resolution.
* Indicates special resolution.
Enquiries: Win Chime, Company Secretary
Email: Company.Secretariat@morganplc.com
Legal Entity Identifier: I4K14LL95N2PHDL7EG85
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