REG - Lloyds Banking Group - Result of AGM

Lloyds BankingAnnouncement

12/05/2022 14:15

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RNS Number : 3196L  Lloyds Banking Group PLC  12 May 2022

12 May 2022

ANNUAL GENERAL MEETING OF LLOYDS BANKING GROUP PLC

Following the annual general meeting held today, Lloyds Banking Group plc (the
"Company") announces that all resolutions put to shareholders at the meeting
were passed by the requisite majorities. Resolutions 1 to 18 (inclusive) were
passed as ordinary resolutions. Resolutions 19 to 24 (inclusive) were passed
as special resolutions. A poll was held on each of the resolutions proposed.
The results of the polls are as follows:

 Resolution                                                                                  Votes           % of Votes Cast  Votes          % of    Total Votes               Total Votes Cast                  Votes

                                                                                             For                              Against        Votes   Validly Cast              as a %                            Withheld

                                                                                                                                             Cast                              of the Ordinary Shares in Issue
 1.          Receive the report and accounts for the year ended 31 December 2021             44,489,826,013  99.97            13,124,412     0.03    44,502,950,425            64.08%                            163,929,200
 2.          Election of Ms H Mehta                                                          42,679,074,026  96.55            1,526,118,513  3.45    44,205,192,539            63.65%                            461,408,580
 3.          Election of Mr C A Nunn                                                         44,446,739,453  99.60            178,595,142    0.40    44,625,334,595            64.26%                            41,485,854
 4.          Re-election of Mr R F Budenberg                                                 42,557,827,339  95.75            1,887,280,081  4.25    44,445,107,420            64.00%                            221,606,947
 5.          Re-election of Mr W L D Chalmers                                                44,021,312,867  98.65            604,451,363    1.35    44,625,764,230            64.26%                            40,907,592
 6.          Re-election of Mr A P Dickinson                                                 44,396,388,893  99.49            228,650,918    0.51    44,625,039,811            64.26%                            41,568,516
 7.          Re-election of Ms S C Legg                                                      44,440,992,370  99.59            184,736,463    0.41    44,625,728,833            64.26%                            40,895,482
 8.          Re-election of Lord Lupton                                                      44,424,470,749  99.55            200,139,304    0.45    44,624,610,053            64.26%                            42,080,926
 9.          Re-election of Ms A F Mackenzie                                                 44,441,576,917  99.59            183,875,179    0.41              44,625,452,096  64.26%                            41,180,917
 10.         Re-election of Ms C M Woods                                                     44,441,173,490  99.59            183,961,935    0.41    44,625,135,425            64.26%                            41,176,072
 11.         Approval of the directors' remuneration report                                  42,141,827,602  96.07            1,723,549,390  3.93    43,865,376,992            63.17%                            801,921,620
 12.         Approval of a final dividend of 1.33 pence per ordinary share                   44,626,273,712  99.97            15,562,423     0.03    44,641,836,135            64.28%                            26,646,626
 13.         Re-appointment of the auditor                                                   44,567,182,226  99.85            67,473,360     0.15    44,634,655,586            64.27%                            32,554,855
 14.         Authority to set the remuneration of the auditor                                44,566,553,055  99.92            35,636,915     0.08    44,602,189,970            64.23%                            64,554,395
 15.         Authority to continue to operate the Lloyds Banking Group Share Incentive Plan  43,952,820,702  98.50            667,668,792    1.50    44,620,489,494            64.25%                            46,590,385
 16.         Authority for the Company and its subsidiaries to make political donations or   43,118,721,808  96.58            1,526,048,441  3.42    44,644,770,249            64.29%                            22,694,955
             incur political expenditure
 17.         Directors' authority to allot shares                                            41,790,170,341  93.63            2,841,926,082  6.37    44,632,096,423            64.27%                            34,601,578
 18.         Directors' authority to allot shares in relation to the issue of Regulatory     43,801,188,711  98.17            816,529,534    1.83    44,617,718,245            64.25%                            49,149,339
             Capital Convertible Instruments
 19.         Limited disapplication of pre-emption rights (ordinary shares)                  43,942,204,037  98.50            669,308,541    1.50    44,611,512,578            64.24%                            55,212,010
 20.         Limited disapplication of pre-emption rights in the event of financing an       42,822,618,963  95.99            1,788,152,127  4.01    44,610,771,090            64.24%                            56,068,023
             acquisition transaction or other capital investment
 21.         Limited disapplication of pre-emption rights in relation to the issue of        43,337,756,120  97.15            1,271,845,082  2.85    44,609,601,202            64.24%                            57,076,111
             Regulatory Capital Convertible Instruments
 22.         Authority to purchase own ordinary shares                                       43,934,510,487  98.46            686,976,512    1.54    44,621,486,999            64.25%                            43,415,897
 23.         Authority to purchase own preference shares                                     44,229,925,104  99.13            386,470,267    0.87    44,616,395,371            64.25%                            48,364,942
 24.         Notice period for general meetings                                              41,973,380,355  94.05            2,655,902,499  5.95    44,629,282,854            64.27%                            34,965,080

 

Notes

For all resolutions, as at 6.30 pm on Tuesday 10 May 2022 (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
69,445,479,613 ordinary shares in issue.

Ordinary shareholders are entitled to one vote per share. Votes withheld are
not votes and, therefore, have not been counted in the calculation of the
proportion of votes for and against a resolution.

In accordance with the Listing Rule 9.6.2, copies of the resolutions will be
submitted to the National Storage Mechanism and will shortly be available for
inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

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For further information:

 

 Investor Relations                           +44 (0) 20 7356 1571

 Douglas Radcliffe

 Group Investor Relations Director

 Email: douglas.radcliffe@lloydsbanking.com

 Group Corporate Affairs                      +44 (0) 20 7356 3522

 Matt Smith

 Head of Media Relations

 Email: matt.smith@lloydsbanking.com

 

 

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