REG - Drax Group Plc - Result of AGM

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RNS Number : 6383C  Drax Group PLC  30 April 2026

30 April 2026

Drax Group plc

(Symbol: DRX)

 

Results of the Annual General Meeting

 

 

Drax Group plc (the "Company") held a hybrid Annual General Meeting at 10.00am
on Thursday 30 April 2026 at 200 Aldersgate, St. Paul's, London EC1A 4HD.
All 22 resolutions were passed and decided upon by a poll.  The table below
shows the results for each resolution:

 

 No.         Brief Description(3)                                                         Votes For (1)  %       Votes Against(1)  %      Total votes cast (2)l  % of Total Voting Rights  Votes Withheld(1)

 1.          Receive and adopt the Annual Report and Accounts of the Company              239,285,984    100.00  4,963             0.00   239,290,947            71.17                     2,401,838
 2.          To approve the Annual Report on Remuneration                                 236,377,489    97.81   5,283,716         2.19   241,661,205            71.88                     31,580
 3.          To approve the Directors' Remuneration Policy                                225,179,273    93.18   16,482,678        6.82   241,661,951            71.88                     30,834
 4.          To approve the final dividend of 17.4 pence per share                        239,785,114    99.22   1,882,191         0.78   241,667,305            71.88                     25,480
 5.          To elect Frank Lemmink as a Director of the Company                          238,395,969    98.65   3,265,233         1.35   241,661,202            71.88                     31,583
 6.          To elect Mark Clare as a Director of the Company                             241,163,014    99.79   502,022           0.21   241,665,036            71.88                     27,749
 7.          To re-elect Andrea Bertone as a Director of the Company                      211,066,638    87.34   30,599,522        12.66  241,666,160            71.88                     26,625
 8.          To re-elect Will Gardiner as a Director of the Company                       241,108,550    99.77   557,119           0.23   241,665,669            71.88                     27,116
 9.          To re-elect John Baxter as a Director of the Company                         237,784,001    98.39   3,881,035         1.61   241,665,036            71.88                     27,749
 10.         To re-elect Kim Keating as a Director of the Company                         238,847,976    98.83   2,817,550         1.17   241,665,526            71.88                     27,259
 11.         To re-elect David Nussbaum as a Director of the Company                      235,074,252    97.27   6,590,784         2.73   241,665,036            71.88                     27,749
 12.         To re-elect Erika Peterman as a Director of the Company                      240,849,838    99.66   814,689           0.34   241,664,527            71.88                     28,258
 13.         To re-elect Rob Shuter as a Director of the Company                          241,157,158    99.79   503,759           0.21   241,660,917            71.88                     28,749
 14.         To re-appoint PricewaterhouseCoopers LLP as auditor                          241,648,090    99.99   15,546            0.01   241,663,636            71.88                     29,149
 15.         Authority to determine the auditor's remuneration                            241,010,593    99.73   651,752           0.27   241,662,345            71.88                     30,440
 16.         Authority to make political donations to specified limits                    239,867,001    99.78   527,948           0.22   240,394,949            71.50                     1,297,836
 17.         Authority to allot shares*                                                   225,952,799    93.50   15,713,494        6.50   241,666,293            71.88                     26,492
 18.         Authority to make non                                                        235,076,524    97.27   6,587,920         2.73   241,664,444            71.88                     28,341

             pre-emptive share allotments*
 19.         Additional disapplication of pre-emption rights*                             217,373,135    89.95   24,291,309        10.05  241,664,444            71.88                     28,341
 20.         Authority to purchase own shares*                                            236,221,876    97.95   4,940,971         2.05   241,162,847            71.73                     529,938
 21.         Authority to call a General Meeting on not less than 14 clear days' notice*  232,663,066    96.27   9,004,649         3.73   241,667,715            71.88                     25,070
 22.         To approve the amendment                                                     233,793,487    96.75   7,858,589         3.25   241,652,076            71.87                     40,709

             to the rules of the Drax Group plc Long-Term Incentive Plan

             2020

 

*Special resolution requiring 75% of votes cast to be carried.

 

Notes:

 

1.     A vote withheld is not a vote in law and is not counted in the
calculation of the proportion of votes "for" and "against" a resolution.

2.     As at 6.30pm (UK time) on Tuesday 28 April 2026, the time by which
shareholders who wanted to attend and vote at the AGM must have been entered
on the Company's register of members, there were 432,526,196 ordinary shares
of 11 (16)/(29) pence each in issue, of which 96,310,800 ordinary shares are
held in treasury. Treasury shares do not carry voting rights. Accordingly, the
total number of voting rights in respect of these ordinary shares is
336,215,396. Shareholders are entitled to one vote per share on a poll.

3.     To view the full wording of the resolutions, please refer to the
2026 Notice of Annual General Meeting on the Company's website at www.drax.com
(http://www.drax.com) .

4.     In accordance with UKLR 6.4.2R, copies of all the resolutions
passed other than resolutions concerning 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) .

 

Company details:

LEI: 549300YPSNTXR4ZHSR98

ISIN: GB00BIVNSX38

 

 

Rebecca Dunn

Group Company Secretary

Drax Group plc

 

 

END

 

 

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