REG - AIB Group PLC - Result of AGM

AIBAnnouncement

04/05/2023 17:00

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RNS Number : 4836Y  AIB Group PLC  04 May 2023

 

 

 

 

4 May 2023

 

           AIB GROUP PLC (the "Company")

 

RESULTS OF ANNUAL GENERAL MEETING 2023

The Company announces that at its Annual General Meeting ("AGM"), held today
at 10 Molesworth Street, Dublin 2, all of the resolutions proposed were duly
passed on a poll.

Resolutions 1 to 8 (inclusive) were passed as ordinary resolutions and
resolutions 9 to 13 (inclusive) were passed as special resolutions.

The full text of each resolution, together with explanatory notes, are set out
in the Notice of AGM which was circulated to Shareholders on 31 March 2023 and
made available on the Company's website at www.aib.ie/investorrelations
(http://www.aib.ie/investorrelations) .

The results of the voting on the resolutions are as follows:

 Resolution                                                                              Votes For      %        Votes Against  %      Total Votes Cast  Votes Withheld
 1       To receive and consider the financial statements for the year together with     2,281,784,390  100.00%  140            0.00%  2,281,784,530     5,778,004
         the reports of the Directors and the Auditor thereon
 2       To declare a final dividend of 6.2 euro cents per share payable on 12 May 2023  2,285,254,504  100.00%  12,107         0.00%  2,285,266,611     2,295,923
 3       To authorise the Directors to fix the remuneration of the Auditor               2,285,088,844  99.99%   175,125        0.01%  2,285,263,969     2,298,565
 4       To approve the appointment of PricewaterhouseCoopers as Auditor of the Company  2,284,851,228  99.98%   414,860        0.02%  2,285,266,088     2,296,442
 5       To re-appoint the following Directors:
 (a)     Anik Chaumartin                                                                 2,284,734,722  99.98%   529,400        0.02%  2,285,264,122     2,298,296
 (b)     Donal Galvin                                                                    2,282,391,440  99.87%   2,873,198      0.13%  2,285,264,638     2,297,789
 (c)     Basil Geoghegan                                                                 2,283,212,064  99.91%   2,052,592      0.09%  2,285,264,656     2,297,771
 (d)     Tanya Horgan                                                                    2,284,731,690  99.98%   532,949        0.02%  2,285,264,639     2,297,788
 (e)     Colin Hunt                                                                      2,285,262,390  100.00%  2,178          0.00%  2,285,264,568     2,297,966
 (f)     Sandy Kinney Pritchard                                                          2,284,896,712  99.98%   367,999        0.02%  2,285,264,711     2,297,823
 (g)     Elaine MacLean                                                                  2,282,408,099  99.87%   2,856,614      0.13%  2,285,264,713     2,297,821
 (h)     Andy Maguire                                                                    2,284,729,753  99.98%   534,895        0.02%  2,285,264,648     2,297,885
 (i)     Brendan McDonagh                                                                2,283,506,205  99.92%   1,758,553      0.08%  2,285,264,758     2,297,776
 (j)     Helen Normoyle                                                                  2,281,461,762  99.92%   1,752,771      0.08%  2,283,214,533     4,348,001
 (k)     Ann O'Brien                                                                     2,282,686,341  99.89%   2,578,421      0.11%  2,285,264,762     2,297,772
 (l)     Fergal O'Dwyer                                                                  2,285,255,417  100.00%  9,296          0.00%  2,285,264,713     2,297,821
 (m)     Jim Pettigrew                                                                   2,267,205,134  99.21%   18,059,577     0.79%  2,285,264,711     2,297,823
 (n)     Jan Sijbrand                                                                    2,284,733,018  99.98%   531,688        0.02%  2,285,264,706     2,297,828
 (o)     Raj Singh                                                                       2,284,730,048  99.98%   534,653        0.02%  2,285,264,701     2,297,832
 6       To consider the Directors' Remuneration Report                                  2,271,366,683  99.48%   11,950,352     0.52%  2,283,317,035     4,245,498
 7       To consider the Remuneration Policy                                             2,263,802,719  99.06%   21,461,663     0.94%  2,285,264,382     2,298,151
 8       To authorise the Directors to allot relevant securities                         2,255,583,338  98.70%   29,681,185     1.30%  2,285,264,523     2,298,011
 9(a)    Limited authorisation for the Directors to disapply pre-emption rights          2,284,249,080  99.96%   1,015,491      0.04%  2,285,264,571     2,297,963
 9(b)    Limited authorisation for the Directors to disapply pre-emption rights for an   2,272,783,287  99.45%   12,483,011     0.55%  2,285,266,298     2,296,216
         acquisition or specified capital event
 10      To authorise the purchase by the Company of its own shares                      2,282,414,638  99.88%   2,787,775      0.12%  2,285,202,413     2,360,121
 11      To determine the re-issue price range at which any treasury shares held may be  2,285,147,471  99.99%   118,896        0.01%  2,285,266,367     2,296,149
         re-issued off-market
 12      To authorise the Directors to convene general meetings on 14 days' notice       2,255,605,846  98.70%   29,657,257     1.30%  2,285,263,103     2,299,431
 13      To approve the terms of the Directed Buyback Contract with the Minister for     888,749,252    99.75%   2,232,377      0.25%  890,981,629       1,396,580,905
         Finance and authorise the making of off-market purchases of ordinary shares

In accordance with Listing Rule 6.1.11 of Euronext Dublin and Listing Rule
9.2.2E of the Financial Conduct Authority, resolutions 5 a), c), d), f), g),
h), i), j), k), l), n), and o) relating to the election or re-election of the
independent non-executive Directors, were passed by majority of each of:

-     the shareholders of the Company, and

-     the independent shareholders of the Company (that is, the
shareholders of the Company entitled to vote on the election of Directors who
are not controlling shareholders 1  (#_ftn1) ).

Votes cast by shareholders excluding the controlling shareholder are shown
below.

 Resolution                                      Votes For    %        Votes Against  %      Total Votes Cast  Votes Withheld
 5       To re-appoint the following Directors:
 (a)     Anik Chaumartin                         893,513,760  99.94%   529,400        0.06%  894,043,160       2,298,296
 (c)     Basil Geoghegan                         891,991,102  99.77%   2,052,592      0.23%  894,043,694       2,297,771
 (d)     Tanya Horgan                            893,510,728  99.94%   532,949        0.06%  894,043,677       2,297,788
 (f)     Sandy Kinney Pritchard                  893,675,750  99.96%   367,999        0.04%  894,043,749       2,297,823
 (g)     Elaine MacLean                          891,187,137  99.68%   2,856,614      0.32%  894,043,751       2,297,821
 (h)     Andy Maguire                            893,508,791  99.94%   534,895        0.06%  894,043,686       2,297,885
 (i)     Brendan McDonagh                        892,285,243  99.80%   1,758,553      0.20%  894,043,796       2,297,776
 (j)     Helen Normoyle                          890,240,800  99.80%   1,752,771      0.20%  891,993,571       4,348,001
 (k)     Ann O'Brien                             891,465,379  99.71%   2,578,421      0.29%  894,043,800       2,297,772
 (l)     Fergal O'Dwyer                          894,034,455  100.00%  9,296          0.00%  894,043,751       2,297,821
 (n)     Jan Sijbrand                            893,512,056  99.94%   531,688        0.06%  894,043,744       2,297,828
 (o)     Raj Singh                               893,509,086  99.94%   534,653        0.06%  894,043,739       2,297,832

 

Notes:

1.     A "Vote Withheld" is not a vote in law and is not counted in the
calculation of the proportion of the votes "For" and "Against" a resolution.

2.     The total number of ordinary shares in issue as at Sunday, 30 April
2023 was 2,618,753,655.

3.     The total number of ordinary shares held by shareholders excluding
the controlling shareholder on Sunday, 30 April 2023 was 1,227,532,693.

In accordance with Listing Rule 6.1.60 of Euronext Dublin and Listing Rule
9.6.2 of the Financial Conduct Authority, copies of all resolutions, other
than those concerning ordinary business, passed at the AGM today have been
submitted to Euronext Dublin and the UK National Storage Mechanism and will be
shortly available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

-ENDS-

Contact details:

 Conor Gouldson            Niamh Hore                  Paddy McDonnell
 Group Company Secretary   Head of Investor Relations  Head of Media Relations
 AIB Molesworth Street     AIB Molesworth Street       AIB Molesworth Street
 Dublin 2                  Dublin 2                    Dublin 2
 Tel: +353-1-7720030       Tel: +353-1-6411817         Tel: +353-87-7390743
 email:                    email:                      email:

 conor.w.gouldson@aib.ie   niamh.a.hore@aib.ie         paddy.x.mcdonnell@aib.ie

 

 

 1  (#_ftnref1) Controlling shareholder: shareholder(s) that exercise or
control more than 30% of the voting rights of the Company.

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