REG - Burberry Group PLC - Result of AGM

BurberryAnnouncement

12/07/2022 16:45

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RNS Number : 2289S  Burberry Group PLC  12 July 2022

BURBERRY GROUP PLC

(the "Company")

 

Result of Annual General Meeting 2022

 

 

The Company announces the results of voting at its Annual General Meeting held
earlier today and confirms that all resolutions were passed with majorities as
set out below. All resolutions were taken on a poll.

 

Resolutions 1 to 18 were proposed as Ordinary Resolutions and resolutions 19
to 21 as Special Resolutions. The results were as follows:

 

 Resolution                                                                                  Votes For*   %       Votes Against  %      Total votes validly cast  Total votes cast as % of issued share capital**  Votes Withheld**
 1.          To receive the Company's Annual Report and Accounts for the year ended 2 April  325,302,101  99.99   34,436         0.01   325,336,537               81.58%                                           1,950,163
             2022.
 2.          To approve the Directors' Remuneration Report for the year ended 2 April 2022.  304,409,889  93.81   20,097,041     6.19   324,506,930               81.37%                                           2,779,770
 3.          To declare a final dividend for the year ended 2 April 2022.                    327,283,144  100.00  372            0.00   327,283,516               82.07%                                           3,184
 4.          To re-elect Dr Gerry Murphy as a Director of the Company.                       322,290,859  98.98   3,331,034      1.02   325,621,893               81.65%                                           1,664,807
 5.          To elect Jonathan Akeroyd as a Director of the Company.                         327,143,743  99.96   126,589        0.04   327,270,332               82.06%                                           16,368
 6.          To re-elect Julie Brown as a Director of the Company.                           325,982,046  99.61   1,289,283      0.39   327,271,329               82.06%                                           15,371
 7.          To re-elect Orna NíChionna as a Director of the Company.                        315,542,730  96.90   10,104,293     3.10   325,647,023               81.66%                                           1,639,677
 8.          To re-elect Fabiola Arredondo as a Director of the Company.                     324,442,994  99.14   2,825,638      0.86   327,268,632               82.06%                                           18,068
 9.          To re-elect Sam Fischer as a Director of the Company.                           324,440,281  99.14   2,829,878      0.86   327,270,159               82.06%                                           16,541
 10.         To re-elect Ron Frasch as a Director of the Company.                            324,062,200  99.02   3,207,715      0.98   327,269,915               82.06%                                           16,785
 11.         To elect Danuta Gray  as a Director of the Company.                             327,064,077  99.94   204,748        0.06   327,268,825               82.06%                                           17,875
 12.         To re-elect Matthew Key as a Director of the Company.                           324,442,336  99.14   2,827,651      0.86   327,269,987               82.06%                                           16,713
 13.         To re-elect Debra Lee as a Director of the Company.                             321,341,831  98.19   5,928,988      1.81   327,270,819               82.06%                                           15,881
 14.         To re-elect Antoine de Saint-Affrique as a Director of the Company.             210,688,170  66.16   107,752,657    33.84  318,440,827               79.85%                                           8,845,873
 15.         To re-appoint Ernst & Young LLP as auditor of the Company.                      325,588,409  99.49   1,681,476      0.51   327,269,885               82.06%                                           16,815
 16.         To authorise the Audit Committee of the Company to determine the auditor's      327,257,846  99.99   23,102         0.01   327,280,948               82.07%                                           5,752
             remuneration for the year ended 1 April 2023.
 17.         To authorise political donations by the Company and its subsidiaries.           322,167,879  98.44   5,098,818      1.56   327,266,697               82.06%                                           20,003
 18.         To authorise the Directors to allot shares.                                     321,532,320  98.25   5,735,600      1.75   327,267,920               82.06%                                           18,780
 19.         To renew the Directors' authority to disapply pre-emption rights. (Special      325,234,967  99.38   2,033,429      0.62   327,268,396               82.06%                                           18,304
             Resolution)
 20.         To authorise the Company to purchase its own ordinary shares.                   324,934,436  99.34   2,153,427      0.66   327,087,863               82.02%                                           198,837

             (Special Resolution)
 21.         To authorise the Directors to call general meetings (other than an AGM) on not  314,087,732  95.97   13,192,261     4.03   327,279,993               82.06%                                           6,707
             less than 14 clear days' notice. (Special Resolution)

 

Resolution 14  - re-election of Antoine de Saint-Affrique as a Director of
the Company

 

The Board is pleased that Resolution 14 relating to Antoine de
Saint-Affrique's re-election to the Board was supported.

The Board is aware that some shareholders were not able to support his
re-election at this time due to concerns about the potential impact of his
other listed directorships on his ability to commit sufficient time to
Burberry. Antoine's experience and skills enable him to bring a particularly
valuable lens to bear in discussing Board issues. He has consistently
demonstrated his commitment to Burberry since his appointment in addition to
the formal meetings, Antoine has attended a number of other ad hoc meetings
during the course of the year. The Board believes that Antoine is able to
continue to devote sufficient time to discharge his duties as a Non-Executive
Director of Burberry.

The Board will continue to engage with shareholders to understand and respond
to their views on this and other matters.

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.

 

As at 6.30pm on 8 July 2022, the issued share capital of the Company consisted
of 404,858,869 ordinary shares. The Company holds 6,052,720 shares in
Treasury. Shareholders are entitled to one vote for every ordinary share held.

 

In accordance with Listing Rule 9.6.2 copies of all the resolutions passed,
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/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

12 July 2022

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