23 July 2024
B&M European Value Retail S.A
3, rue Gabriel Lippmann, L-5365 Munsbach
RCS Luxembourg B187275
(the "Company")
Results of the votes at the Extraordinary General Meeting of 23 July 2024
The Company is pleased to announce that all resolutions proposed at the Extraordinary General Meeting of the Company held on 23 July 2024 were passed and the results of the votes were as follows.
| | | VOTES FOR | % | VOTES AGAINST | % | VOTES TOTAL | % of TVR
| % of ISC
| VOTES WITHHELD |
| 1 | To authorise the Board to issue shares on a non-pre-emptive basis generally up to 10% of the issued share capital | 763,683,246 | 90.19 | 83,076,124 | 9.81 | 846,759,370 | 84.44 |
84.44
| 79,829 |
| 2 | To authorise the Board to issue shares on a non-pre-emptive basis up to an additional 10% of the issued share capital for acquisitions and capital investments. | 745,153,096 | 88 | 101,606,273 | 12 | 846,759,369 | 84.44 | 84.44 | 79,830 |
| 3 | To replace articles 6.1.1 and 6.1.2 of the Articles by a single article 6.1.1. | 846,754,937 | 99.99 | 4,434 | 0.001 | 846,759,371 | 84.44 | 84.44 | 79,828 |
| 4 | To remove references to voluntary dematerialisation, registered shares and share register from the Articles. | 846,754,859 | 99.99 | 4,511 | 0.001 | 846,759,370 | 84.44 | 84.44 | 79,829 |
| 5 | To move the provisions of article 9.2 under article 5.1. | 846,754,936 | 99.99 | 4,434 | 0.001 | 846,759,370 | 84.44 | 84.44 | 79,829 |
| 6 | To amend articles 10.1 and 10.4 of the Articles by removing Arora Family's rights to propose candidates to the Board. | 846,756,989 | 99.99 | 2,382 | 0.0003 | 846,759,371 | 84.44 | 84.44 | 79,828 |
| 7 | To increase the cap of Director fees payable to NEDs. | 846,755,585 | 99.99 | 3,786 | 0.0004 | 846,759,371 | 84.44 | 84.44 | 79,828 |
| 8 | To remove all references to the statutory auditor in the Articles. | 846,607,743 | 99.98 | 151,628 | 0.02 | 846,759,371 | 84.44 | 84.44 | 79,828 |
| 9 | To remove article 24.3.3 from the Articles and the need to convene shareholders' meetings by letter. | 846,759,527 | 99.99 | 1,844 | 0.0002 | 846,761,371 | 84.44 | 84.44 | 77,828 |
| 10 | To renumber the Articles and update cross-references in the Articles further to the changes approved by this EGM. | 846,759,704 | 99.99 | 1,667 | 0.0002 | 846,761,371 | 84.44 | 84.44 | 77,828 |
The results of the votes will also be posted on the Company's website at https://www.bandmretail.com/investors/company-meetings/egm .
Please note that a vote withheld is not a vote in law and is not counted in the calculation of votes for and against a resolution.
On the record date on 9 July 2024, the total number of voting rights was 1,002,779,437 (TVR) and the total number of shares in issue was 1,002,790,896 (ISC).
Enquiries
B&M European Value Retail S.A.
For further information please contact +44 (0) 151 728 5400 or Investor.relations@bandmretail.com
Alejandro Russo, Chief Executive Officer
Michael Schmidt, Chief Financial Officer
About B&M European Value Retail S.A.
B&M European Value Retail S.A. is a variety retailer with 741 stores in the UK operating under the "B&M" brand, 335 stores under the "Heron Foods" and "B&M Express" brands, and 124 stores in France also operating under the "B&M" brand as at 30 March 2024. It was admitted to the FTSE 100 index on 21 September 2020.
The B&M Group was founded in 1978 and listed on the London Stock Exchange in June 2014. For more information, please visit www.bandmretail.com .
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