28 July 2023
Harland & Wolff Group Holdings plc
("Harland & Wolff" or the "Company")
Result of Annual General Meeting
25 July 2023
The Company announces the results of voting at its Annual General Meeting held on Tuesday 25 July 2023 at the offices of Fieldfisher LLP, Riverbank House, 2 Swan Lane, London EC4R 3TT and confirms that all resolutions were passed with majorities as set out below. All resolutions were taken on poll.
Resolutions 1-6 were proposed as Ordinary Resolutions and Resolution 7 was proposed as a Special Resolution. The results were as follows:
| Resolution | Votes For* | As a % of total votes cast | Votes Against | As a % of total votes cast | Total votes validly cast | Total votes cast as % of issued share capital | Votes Withheld** |
| 1 | 13,563,725 | 96.72 | 459,915 | 3.28 | 14,023,640 | 8.10 | 201,879 |
| 2 | 13,449,511 | 95.25 | 671,196 | 4.75 | 14,120,707 | 8.16 | 104,782 |
| 3 | 13,408,692 | 94.96 | 712,015 | 5.04 | 14,120,707 | 8.16 | 104,782 |
| 4 | 13,422,848 | 95.72 | 600,792 | 4.28 | 14,023,640 | 8.10 | 201,849 |
| 5 | 13,576,683 | 95.79 | 596,220 | 4.21 | 14,172,903 | 8.19 | 52,586 |
| 6 | 13,044,227 | 92.80 | 1,012,246 | 7.20 | 14,056,473 | 8.12 | 169,016 |
| 7 | 12,890,449 | 92.13 | 1,100,981 | 7.87 | 13,991,430 | 8.09 | 234,059 |
Notes:
* Includes discretionary votes.
** A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.
Every shareholder has one vote for every ordinary share held. As at 11.00 a.m. on 21 July 2023 (being the record date and time for determining entitlement to vote at the Annual General Meeting), the issued share capital of the Company consisted of 173,047,211 ordinary shares. The Company held no shares in Treasury. Therefore, the total number of voting rights in Harland & Wolff Group Holdings plc as at 11.00 a.m. on 21 July 2023 was also 173,047,211.
For further information, please visit www.harland-wolff.com or contact:
| Harland & Wolff Group Holdings plc John Wood, Chief Executive Officer Arun Raman, Chief Finance Officer
| +44 (0)20 3900 2122 |
| Cenkos Securities plc (Nominated Adviser & Broker) Stephen Keys / Callum Davidson / Dan Hodkinson (Corporate Finance) Michael Johnson (Sales)
| +44 (0)20 7397 8900 |
| Liberum Capital Limited (Joint Broker) Nicholas How / Edward Mansfield / Lucas Bamber / Antonia Brown
| +44 (0)20 3100 2000 |
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About Harland & Wolff
Harland & Wolff is a multisite fabrication company, operating in the maritime and offshore industry through five markets: commercial, cruise and ferry, defence, energy and renewables and six services: technical services, fabrication and construction, decommissioning, repair and maintenance, in-service support and conversion.
Its Belfast yard is one of Europe's largest heavy engineering facilities, with deep water access, two of Europe's largest drydocks, ample quayside and vast fabrication halls. As a result of the acquisition of Harland & Wolff (Appledore) in August 2020, the company has been able to capitalise on opportunities at both ends of the ship-repair and shipbuilding markets where there will be significant demand.
In February 2021, the company acquired the assets of two Scottish-based yards along the east and west coasts. Now known as Harland & Wolff (Methil) and Harland & Wolff (Arnish), these facilities will focus on fabrication work within the renewables, energy and defence sectors.
In addition to Harland & Wolff, it owns the Islandmagee gas storage project, which is expected to provide 25% of the UK's natural gas storage capacity and to benefit the Northern Irish economy as a whole when completed.
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