REG - NatWest Group plc - Result of AGM

NatwestAnnouncement

23/04/2024 14:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240423:nRSW7286La&default-theme=true

RNS Number : 7286L  NatWest Group plc  23 April 2024

NatWest Group plc - Result of Annual General Meeting

23 April 2024

 

Following the Annual General Meeting held today at Gogarburn, Edinburgh EH12
1HQ, NatWest Group plc  (the "Company") announces the results of the poll
vote for each resolution as follows. Resolutions 17, 18, 20, 21, 23 to 26
were passed as special resolutions.

 

                                                                                  VOTES           %       VOTES          %     % of ISC VOTED  VOTES

FOR
AGAINST
WITHHELD
 Resolution 1                                                                     29,210,437,504  99.98   4,975,512      0.02  83.70%          51,658,784

 To receive the 2023 Report and Accounts
 Resolution 2                                                                     28,625,951,928  97.83   635,893,952    2.17  83.83%          5,220,112

 To approve the Annual remuneration report in the Directors' remuneration
 report
 Resolution 3                                                                     29,264,437,176  100.00  1,045,544      0.00  83.84%          1,620,504

 To declare a final dividend of 11.5 pence per ordinary share
 Resolution 4                                                                     27,997,054,948  97.63   679,292,996    2.37  82.16%          590,726,920

 To elect Rick Haythornthwaite as a Director
 Resolution 5                                                                     29,257,599,956  99.98   6,060,760      0.02  83.84%          3,414,148

 To elect Paul Thwaite as a Director
 Resolution 6                                                                     29,172,476,904  99.69   90,441,148     0.31  83.84%          4,193,804

 To re-elect Katie Murray as a Director

 Resolution 7                                                                     29,247,102,944  99.95   14,196,092     0.05  83.83%          5,770,792

 To re-elect Frank Dangeard as a Director
 Resolution 8                                                                     29,251,352,476  99.97   9,791,272      0.03  83.83%          5,930,384

 To re-elect Roisin Donnelly as a Director
 Resolution 9                                                                     29,042,286,092  99.25   219,010,844    0.75  83.83%          5,821,612

 To re-elect Patrick Flynn as a Director
 Resolution 10                                                                    29,251,355,280  99.97   10,189,028     0.03  83.83%          5,536,892

 To re-elect Yasmin Jetha as a Director
 Resolution 11                                                                    29,042,582,232  99.25   218,479,592    0.75  83.83%          5,657,820

 To re-elect Stuart Lewis as a Director
 Resolution 12                                                                    28,517,669,920  99.17   238,643,360    0.83  82.39%          510,393,532

 To re-elect Mark Seligman as a Director
 Resolution 13                                                                    29,030,519,980  99.21   230,502,248    0.79  83.83%          5,691,160

 To re-elect Lena Wilson as a Director
 Resolution 14                                                                    29,015,048,532  99.15   248,175,084    0.85  83.84%          3,849,180

 To re-appoint Ernst & Young LLP as auditors of the Company
 Resolution 15                                                                    29,251,567,580  99.96   12,586,148     0.04  83.84%          2,963,100

 To authorise the Group Audit Committee to fix the remuneration of the auditors
 Resolution 16                                                                    28,402,969,412  97.06   860,078,580    2.94  83.84%          4,071,244

 To renew the directors' authority to allot shares in the Company
 Resolution 17                                                                    28,775,192,108  98.53   430,158,676    1.47  83.67%          61,765,288

 To renew the directors' authority to allot equity securities on a non
 pre-emptive basis in connection with an offer or issue of equity securities
 Resolution 18                                                                    28,505,554,628  97.60   700,935,576    2.40  83.67%          60,632,964

 To renew the directors' authority to allot equity securities on a non
 pre-emptive basis in connection with the

 financing of a transaction
 Resolution 19                                                                    28,939,748,388  98.90   322,787,040    1.10  83.84%          4,587,864

 To renew the directors' authority to allot ordinary shares or grant rights to
 subscribe for or to convert any security into ordinary shares in relation to
 Equity Convertible Notes
 Resolution 20                                                                    28,938,287,772  98.89   323,957,484    1.11  83.83%          4,878,716

 To renew the directors' authority to allot equity securities on a non
 pre-emptive basis in connection with Equity Convertible Notes
 Resolution 21                                                                    28,257,966,576  96.56   1,006,522,400  3.44  83.84%          2,633,708

 To renew the authority to permit the holding of General Meetings on 14 clear
 days' notice
 Resolution 22                                                                    28,957,610,712  98.96   304,847,536    1.04  83.84%          4,631,144

 To renew the authority in respect of political donations and expenditure by
 the Company in terms of sections 366 and 367 of the Companies Act 2006
 Resolution 23                                                                    28,924,669,776  98.90   321,949,976    1.10  83.79%          20,488,516

 To renew the authority for the Company to purchase its own shares on a
 recognised investment exchange
 Resolution 24                                                                    19,023,150,332  98.43   302,834,256    1.57  55.37%          4,564,528

 To amend the Directed Buyback Contract
 Resolution 25                                                                    19,259,293,176  99.65   68,570,844     0.35  55.37%          2,678,788

 To renew the authority to make off-market purchases of ordinary shares from HM
 Treasury
 Resolution 26                                                                    29,169,923,568  99.68   93,807,084     0.32  83.84%          3,366,220

 To authorise the Company to make off-market purchases of preference shares
 Resolution 27                                                                    28,966,778,080  98.99   296,392,288    1.01  83.84%          3,877,800

To approve the NatWest Group plc 2024 Employee Share Plan rules

 Resolution 28                                                                    29,193,181,568  99.76   71,457,624     0.24  83.84%          2,480,608

To renew the authority to offer shares in lieu of a cash dividend on ordinary

 shares

 

* 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.

 

 

In accordance with the UK Listing Authority's listing rules, a copy of the
resolutions that do not constitute ordinary business at an annual general
meeting will shortly be available for inspection at the National Storage
Mechanism which is located at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

A full text of the resolutions can be found in the Notice of Meeting which is
available on the Company's website at
www.natwestgroup.com (http://www.natwestgroup.com) .

 

As at 19 April 2023 (being the latest date by which shareholders who wanted to
vote at the Annual General Meeting must have been

entered on the company's Register of Members) the total number of voting
rights in the company was
34,904,718,000.

 

Contact

Media Relations

+44 (0)131 523 4205

 

Legal Entity Identifier: 2138005O9XJIJN4JPN90

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGIJMJTMTBTBLI