REG - Marshalls PLC - Result of AGM

MarshallsAnnouncement

10/05/2023 17:00

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RNS Number : 0015Z  Marshalls PLC  10 May 2023

10 May
2023

 

Marshalls plc

(the "Company" or "Marshalls")

 

Result of Annual General Meeting ("AGM")

 

As announced earlier today, all of the resolutions proposed at our AGM today
were passed on a poll. In accordance with our obligations under the UK
Corporate Governance Code ("Code"), we acknowledge that we received c25% of
votes against the resolution to approve our Directors' Remuneration Report for
the year ended 31 December 2022.

 

We consulted extensively with shareholders on both our new Remuneration Policy
(which was approved by more than 88% of our shareholders at this morning's
AGM) and the implementation of our existing policy, well in advance of the
resolutions being proposed.

 

Regular and early engagement with shareholders on governance matters is
important to the Board and we will continue to consult with them on
remuneration matters to ensure we understand and reflect their views and
clearly explain the reasons for the decisions we have made.

 

In accordance with our obligations under the Code, we will publish a further
update on the views received from ongoing interaction with shareholders and
the actions we have taken within six months of today's AGM.

 

Enquiries:

 Shiv Sibal, Company Secretary   Marshalls plc   +44 (0)1422 314767

 

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