REG - Atalaya MiningCopper - AGM 2025 – Voting Results

Atalaya Mining Copper SAAnnouncement

Tue 11:30

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RNS Number : 1923O  Atalaya Mining Copper, S.A.  24 June 2025

 

24 June 2025

Atalaya Mining Copper, S.A.

("Atalaya" or "the Company")

AGM 2025 - Voting Results

 

Atalaya Mining (LSE: ATYM) announces that all resolutions put to its Annual
General Meeting (the "Meeting") held earlier today, Tuesday, 24 June 2025,
were passed by the requisite majorities.

The total number of votes received on each resolution put to the Meeting was
as follows:

 Res № *    Votes for   % of votes cast  Votes against  % of votes cast  Abstain votes(##)  % of votes cast  Total votes cast
 1.         59,812,968  97.93%           0              0.00%            1,263,586          2.07%            61,076,554
 2.         59,880,919  98.04%           584            0.00%            1,195,051          1.96%            61,076,554
 3.         59,620,357  97.62%           0              0.00%            1,456,197          2.38%            61,076,554
 4.         59,881,503  98.04%           0              0.00%            1,195,051          1.96%            61,076,554
 5a.        43,765,227  71.66%           11,153,917     18.26%           6,157,410          10.08%           61,076,554
 5b.        57,202,855  93.66%           2,678,648      4.39%            1,195,051          1.96%            61,076,554
 5c.        58,474,855  95.74%           1,406,648      2.30%            1,195,051          1.96%            61,076,554
 5d.        57,233,931  93.71%           2,647,572      4.33%            1,195,051          1.96%            61,076,554
 5e.        56,274,636  92.14%           3,606,867      5.91%            1,195,051          1.96%            61,076,554
 5f.        59,788,812  97.89%           92,691         0.15%            1,195,051          1.96%            61,076,554
 5g.        59,881,493  98.04%           10             0.00%            1,195,051          1.96%            61,076,554
 6.         44,052,755  72.13%           15,828,748     25.92%           1,195,051          1.96%            61,076,554
 7.         58,847,320  96.35%           1,034,183      1.69%            1,195,051          1.96%            61,076,554
 8.         45,014,470  73.70%           14,867,033     24.34%           1,195,051          1.96%            61,076,554
 9.         43,444,412  71.13%           16,437,091     26.91%           1,195,051          1.96%            61,076,554
 10.**      59,860,547  98.01%           0              0.00%            1,216,007          1.99%            61,076,554
 11. **     53,358,749  87.36%           6,522,754      10.68%           1,195,051          1.96%            61,076,554
 12. **     53,450,830  87.51%           6,430,673      10.53%           1,195,051          1.96%            61,076,554
 13a. **    59,849,817  97.99%           31,686         0.05%            1,195,051          1.96%            61,076,554
 13b. (#)   Withdrawn
 14. **     59,880,893  98.04%           610            0.00%            1,195,051          1.96%            61,076,554
 15. **     59,880,893  98.04%           610            0.00%            1,195,051          1.96%            61,076,554
 16.        59,027,154  96.64%           854,349        1.40%            1,195,051          1.96%            61,076,554
 17.        59,880,903  98.04%           600            0.00%            1,195,051          1.96%            61,076,554
 18.        59,881,503  98.04%           0              0.00%            1,195,051          1.96%            61,076,554

 

Notes

(*) The full text of the resolutions passed at the Meeting is available in the
Notice of Meeting on the Company's website at Shareholder Meeting Information
- Atalaya Mining
(https://atalayamining.com/investors/shareholder-meeting-information/) .
Resolution 13b. was withdrawn from the Meeting.

(**) Two-thirds majority required.

(#) Resolution 13b. was withdrawn from the Meeting due to lack of shareholder
support.

(##) In accordance with Spanish law, abstentions have been included in the
calculation of total votes cast and therefore impacted the outcome of the
resolution by effectively reducing the level of support expressed as a
percentage.

The total number of shares in issue in the capital of the Company on 24 June
2025 was 140,759,043 ordinary shares of €0.09 nominal value each. Votes were
cast in respect of 43.39% of the issued share capital.

In accordance with Listing Rule 6.4.2 copies of the resolutions passed at the
Meeting, other than resolutions constituting ordinary business, will shortly
be available for inspection via the Financial Conduct Authority's Electronic
Submission System at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

Following the extensive shareholder consultation exercise that was undertaken
in relation to voting on the remuneration-related resolutions at the Company's
2024 AGM, the Board is pleased that Resolution 7 (approval of directors'
remuneration policy) received 96.35% votes in favour at this year's AGM.

However, the Board notes that more than 20% of proxy votes cast were against
Resolution 5a (re-election of Jesús Fernández), Resolution 6 (approval of
directors' remuneration report), Resolution 8 (approval of grant of awards
pursuant to the long-term incentive plan), and Resolution 9 (approval of the
grant of a one-off transitional award to the Chief Executive Officer).

Provision 4 of the UK Corporate Governance Code (the "Code") provides that
where 20% or more of votes have been cast against the board recommendation for
a resolution, the Company should explain what actions it intends to take to
consult shareholders in order to understand the reasons behind the result.

A shareholder engagement exercise was conducted in the fourth quarter of 2024
and feedback received from those who participated was taken into account. The
Board will continue to reflect on the concerns raised and will consider what
further consultation with shareholders would be beneficial. An update will be
provided in due course as required by the Code.

 

 

Contacts:

 SEC Newgate UK  Elisabeth Cowell / Tom Carnegie/ Gwen Samuel  +44 20 3757 6882
 Atalaya Mining  Michael Rechsteiner                           +34 959 59 28 50

About Atalaya Mining Copper, S.A.

Atalaya is a European copper producer that owns and operates the Proyecto
Riotinto complex in southwest Spain. Atalaya's shares trade on the London
Stock Exchange's Main Market under the symbol "ATYM" and Atalaya is a FTSE 250
Index constituent.

Atalaya's operations include the Cerro Colorado open pit mine and a modern 15
Mtpa processing plant, which has the potential to become a central processing
hub for ore sourced from its wholly owned regional projects around Riotinto,
such as Proyecto Masa Valverde and Proyecto Riotinto East. In addition,
Atalaya has a phased earn-in agreement for up to 80% ownership of Cobre San
Rafael S.L., which fully owns the Proyecto Touro brownfield copper project in
the northwest of Spain, as well as a 99.9% interest in Proyecto Ossa Morena.
For further information, please visit www.atalayamining.com
(http://www.atalayamining.com)

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