REG - Lloyds Banking Group - Result of AGM

Lloyds BankingAnnouncement

15/05/2025 14:00

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RNS Number : 8821I  Lloyds Banking Group PLC  15 May 2025

15 May 2025

 

 

 

LLOYDS BANKING GROUP PLC

ANNUAL GENERAL MEETING

 

 

Following the annual general meeting held today at the Edinburgh International
Conference Centre, The Exchange, Edinburgh, Lloyds Banking Group plc (the
"Company") announces that all resolutions put to shareholders at that meeting
were passed by the requisite majorities. Resolutions 1 to 19 (inclusive) were
passed as ordinary resolutions. Resolutions 20 to 25 (inclusive) were passed
as special resolutions. A poll was held on each of the resolutions proposed.
The results of the polls are as follows:

 

                                                                                                                                                         Total Votes

                                                                                                                                                         Cast

 Resolution                                                                               Votes           % of    Votes          % of    Total Votes     as a %       Votes

                                                                                          For             Votes   Against        Votes   Validly Cast    of the       Withheld

                                                                                                          Cast                   Cast                    Ordinary

                                                                                                                                                         Shares in

                                                                                                                                                         Issue
 1.        To receive the accounts and reports for the year ended 31 December 2024        40,194,744,521  99.97   10,897,415     0.03    40,205,641,936  66.93%       57,852,120
 2.        To re-elect Sir Robin Budenberg as a director                                  39,916,987,969  99.20   320,091,555    0.80    40,237,079,524  66.98%       26,198,701
 3.        To re-elect Charlie Nunn as a director                                         40,209,448,384  99.93   28,404,214     0.07    40,237,852,598  66.98%       25,674,385
 4.        To elect Nathan Bostock as a director                                          40,205,817,563  99.93   28,748,104     0.07    40,234,565,667  66.98%       28,418,485
 5.        To re-elect William Chalmers as a director                                     40,032,766,969  99.49   203,378,102    0.51    40,236,145,071  66.98%       26,978,436
 6.        To re-elect Sarah Legg as a director                                           40,202,357,436  99.92   32,693,902     0.08    40,235,051,338  66.98%       27,901,152
 7.        To re-elect Amanda Mackenzie as a director                                     40,207,536,290  99.93   27,730,308     0.07    40,235,266,598  66.98%       27,790,378
 8.        To re-elect Harmeen Mehta as a director                                        40,202,798,771  99.92   30,970,240     0.08    40,233,769,011  66.98%       29,110,045
 9.        To re-elect Cathy Turner as a director                                         38,645,294,255  96.05   1,589,943,220  3.95    40,235,237,475  66.98%       27,575,142
 10.       To re-elect Scott Wheway as a director                                         40,204,223,157  99.92   30,592,821     0.08    40,234,815,978  66.98%       27,862,943
 11.       To re-elect Catherine Woods as a director                                      39,950,180,673  99.29   284,926,112    0.71    40,235,106,785  66.98%       27,641,654
 12.       To approve the directors' remuneration report                                  37,912,721,332  94.23   2,322,916,654  5.77    40,235,637,986  66.98%       27,886,701
 13.       To declare and pay a final dividend                                            40,238,725,285  99.98   7,808,593      0.02    40,246,533,878  67.00%       17,786,277
 14.       To re-appoint Deloitte LLP as Auditor                                          40,215,797,561  99.94   22,954,117     0.06    40,238,751,678  66.98%       24,538,110
 15.       To authorise the Audit Committee to set the remuneration of the Auditor        40,200,262,522  99.90   39,438,043     0.10    40,239,700,565  66.99%       23,229,979
 16.       To approve the removal of the 5 per cent. dilution limit from discretionary    38,800,461,206  96.47   1,418,648,424  3.53    40,219,109,630  66.95%       43,787,768
           share plans
 17.       To authorise the Company and its subsidiaries to make political donations or   39,232,374,352  97.50   1,007,863,899  2.50    40,240,238,251  66.99%       24,444,521
           incur political expenditure
 18.       To authorise the directors to allot shares                                     37,988,508,575  94.42   2,245,496,811  5.58    40,234,005,386  66.98%       28,978,858
 19.       To authorise the directors to allot shares in relation to the issue of         39,455,643,907  98.07   775,687,846    1.93    40,231,331,753  66.97%       31,505,513
           Regulatory Capital Convertible Instruments
 20.       To disapply pre-emption rights                                                 39,737,560,105  98.84   465,984,343    1.16    40,203,544,448  66.93%       59,113,579
 21.       To disapply pre-emption rights in the event of financing an acquisition        39,547,817,033  98.36   657,788,580    1.64    40,205,605,613  66.93%       56,805,558
           transaction or other capital investment
 22.       To disapply pre-emption rights in relation to the issue of Regulatory Capital  38,992,471,607  96.94   1,232,431,853  3.06    40,224,903,460  66.96%       37,385,594
           Convertible Instruments
 23.       To authorise the Company to purchase ordinary shares                           40,145,285,672  99.80   79,636,130     0.20    40,224,921,802  66.96%       37,054,879
 24.       To authorise the Company to purchase preference shares                         39,852,258,873  99.08   370,511,309    0.92    40,222,770,182  66.96%       39,352,685
 25.       To authorise reduced notice of a general meeting other than an annual general  37,448,781,403  93.07   2,787,052,218  6.93    40,235,833,621  66.98%       25,800,407
           meeting

 

Notes

 

The full text of the resolutions, along with the explanatory notes, is set out
in the Notice of Annual General Meeting, which is available on the Company's
website: www.lloydsbankinggroup.com (https://www.lloydsbankinggroup.com)

 

For all resolutions, as at 5.30 pm on Tuesday 13 May 2025 (the time at which
shareholders who wanted to attend, speak and vote at the meeting were required
to have their details entered in the register of members), there were
60,072,396,578 ordinary shares in issue.

 

Ordinary shareholders are entitled to one vote per share. A vote withheld is
not a vote in law and therefore has not been counted in the calculation of the
proportion of votes "For" or "Against" a resolution.

 

In accordance with UK Listing Rule 6.4.2, copies of the resolutions that do
not constitute ordinary business at the annual general meeting will be
submitted to the National Storage Mechanism and will shortly be available for
inspection in unedited full text at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

 

-END-

 

For further information:

 

Investor Relations

Douglas Radcliffe
 
                 +44 (0)20 7356 1571

Group Investor Relations Director

douglas.radcliffe@lloydsbanking.com

 

Corporate Affairs

Matt Smith
 
                       +44 (0)77 8835 2487

Head of Media Relations

matt.smith@lloydsbanking.com

 

 

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