REG-Mondi Plc: Result of AGM

MondiAnnouncement

Today 14:45

Mondi plc

Incorporated in England and Wales

Registered number:           6209386

LEI: 213800LOZA69QFDC9N34

LSE share code: MNDI                                 ISIN:          
GB00BMWC6P49

JSE share code: MNP

 

 

24 April 2026

 

Annual General Meeting

 

The Annual General Meeting (AGM) of Mondi plc was held earlier today.

 

All resolutions were passed by shareholders by way of a poll and all valid
proxy votes were included in the poll. The Company's issued share capital on
22 April 2026 (the voting record date) was 441,412,530 ordinary shares of
€0.22 each. Overall approximately 85% of shares were voted.                 
                       The total number of votes received on each resolution
is as follows:

 

 

 Resolution                                                                    Votes  For   %       Votes  Against  %      Votes  Total  % of ISC Voted  Votes Withheld **  
                                                                                                                                                                            
 1. To receive the report and accounts                                         376,812,103  99.99   31,637          0.01   376,843,740   85.37%          451,852            
 2. To approve the remuneration policy                                         355,478,812  94.35   21,288,972      5.65   376,767,784   85.36%          527,808            
 3. To approve the remuneration report (other than the policy)                 359,425,486  95.34   17,579,103      4.66   377,004,589   85.41%          291,003            
 4. To declare a final dividend                                                376,936,769  99.98   83,925          0.02   377,020,694   85.41%          274,898            
 5. To re-elect Svein Richard Brandtzaeg as a director                         374,569,314  99.76   894,142         0.24   375,463,456   85.06%          1,832,136          
 6. To re-elect Sue Clark as a director                                        373,390,962  99.45   2,079,477       0.55   375,470,439   85.06%          1,825,153          
 7. To re-elect Sucheta Govil as a director                                    374,313,235  99.69   1,150,009       0.31   375,463,244   85.06%          1,845,848          
 8. To re-elect Anke Groth as a director                                       374,800,529  99.82   665,774         0.18   375,466,303   85.06%          1,829,289          
 9. To re-elect Andrew King as a director                                      376,984,561  99.99   26,721          0.01   377,011,282   85.41%          284,310            
 10. To re-elect Saki Macozoma as a director                                   371,098,457  98.84   4,366,374       1.16   375,464,831   85.06%          1,830,761          
 11. To re-elect Mike Powell as a director                                     374,077,494  99.24   2,861,506       0.76   376,939,000   85.39%          284,073            
 12. To re-elect Dame Angela Strank as a director                              374,174,135  99.67   1,223,651       0.33   375,397,786   85.04%          1,825,287          
 13. To re-elect Philip Yea as a director                                      366,290,967  97.57   9,108,166       2.43   375,399,133   85.04%          1,823,940          
 14. To re-elect Stephen Young as a director                                   374,526,855  99.77   872,152         0.23   375,399,007   85.04%          1,824,066          
 15. To appoint the auditors                                                   376,497,672  99.88   442,947         0.12   376,940,619   85.39%          282,454            
 16. To authorise the Audit Committee to determine the auditors' remuneration  376,931,280  100.00  7,422           0.00   376,938,702   85.39%          284,371            
 17. To authorise the directors to allot relevant securities                   335,431,712  88.99   41,507,537      11.01  376,939,249   85.39%          283,824            
 18. To authorise the directors to disapply pre-emption rights*                295,389,293  78.36   81,557,047      21.64  376,946,340   85.40%          276,733            
 19. To authorise Mondi plc   to purchase its own shares*                      338,559,635  89.83   38,323,240      10.17  376,882,875   85.38%          340,198            
 20. To authorise general  meetings to be held on 14  days' notice*            295,251,088  78.33   81,697,338      21.67  376,948,426   85.40%          274,647            

 

 

* Special Resolutions

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

 

The Board notes that although Resolutions 18 (disapplication of pre-emption
rights) and 20 (to hold general meetings on 14 days' notice) were passed and
approved by the majority of shareholders, and are consistent with the approach
taken in previous years, slightly more than 20% of the votes were cast against
the Board's recommendation in each case. At the 2025 Annual General Meeting,
the equivalent resolution to authorise the disapplication of pre-emption
rights also received more than 20% votes against and following engagement, we
confirmed that the outcome reflected the voting policies of certain of our
shareholders. The resolution authorising general meetings to be held on 14
days' notice received less than 20% votes against in 2025. The Board will
consider the views of our shareholders in respect of these resolutions to
ensure we understand the reasons behind the voting outcome.

 

In accordance with Provision 4 of the UK Corporate Governance Code, the Board
will provide an update within six months of the Annual General Meeting, as
well as a final summary in Mondi's 2026 Integrated report and financial
statements.           

 

Jenny Hampshire

Company Secretary           

Mondi plc

 

 

About Mondi

Mondi is a global leader in packaging and paper, contributing to a better
world by producing products that are sustainable by design. We employ 24,000
people in more than 30 countries and operate an integrated business with
expertise spanning the entire value chain, enabling us to offer our customers
a broad range of innovative solutions for consumer and industrial end-use
applications. Sustainability is at the centre of our strategy, with our
ambitious commitments to 2030 focused on circular driven solutions, created by
empowered people, taking action on climate.

In 2025, Mondi had revenues of €7.7 billion and underlying EBITDA of €1.0
billion. Mondi is listed on the London Stock Exchange in the ESCC category
(MNDI), where the Group is a FTSE100 constituent. It also has a secondary
listing on the JSE Limited (MNP).

mondigroup.com

Sponsor in South Africa: J.P. Morgan Equities South Africa (Pty) Ltd

 

 

 

 

 

 

 

 

 

 



Copyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved