REG - Quilter PLC - Result of AGM

QuilterAnnouncement

22/05/2025 14:30

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RNS Number : 8393J  Quilter PLC  22 May 2025

22 May 2025

Quilter plc

 

Result of Annual General Meeting 2025

 

Quilter plc (the "Company") announces that at its Annual General Meeting
("AGM") held earlier today, all the resolutions put to shareholders were
passed by the requisite majorities. Resolutions 1 to 16 were passed as
ordinary resolutions and resolutions 17 and 18 were passed as special
resolutions.

 

The Company notes that more than 20% of the votes cast on resolution 16 ("To
authorise political donations by the Company and its subsidiaries") were
against that resolution.

 

The Company actively engages with our shareholders on this and understand
their concerns which reflect a difference in market practice between the UK
and some of our South African shareholders. The Company will continue to
engage with shareholders in accordance with the UK Corporate Governance Code
and will provide an update on these discussions in due course.

 

The results of the poll are set out below.

 

      Resolution                                                                   Number of votes cast "For" the resolution   % of votes cast "For" the resolution   Number of votes cast "Against" the resolution   % of votes cast "Against" the resolution   Total number of votes cast  % of issued share capital voted  Number of votes Withheld
 1.   To receive the 2024 Report and Accounts                                      1,073,630,150                              100.00                                  11,543                                         0.00                                        1,073,641,693               76.46%                           1,711,603
 2.   To approve the Remuneration Report (excluding the Directors' Remuneration    1,057,879,391                              98.41                                   17,115,855                                     1.59                                        1,074,995,246               76.56%                           358,050
      Policy)
 3.   To approve the Directors' Remuneration Policy                                1,029,727,046                              95.79                                   45,266,629                                     4.21                                        1,074,993,675               76.56%                           359,621
 4.   To declare a final dividend                                                  1,075,017,586                              100.00                                  1,677                                          0.00                                        1,075,019,263               76.56%                           335,598
 5.   To re-elect Neeta Atkar MBE as a Director                                    1,063,484,015                              98.93                                   11,519,171                                     1.07                                        1,075,003,186               76.56%                           350,109
 6.   To re-elect Chris Hill as a Director                                         1,074,962,936                              100.00                                  37,836                                         0.00                                        1,075,000,772               76.56%                           352,524
 7.   To re-elect Moira Kilcoyne as a Director                                     1,074,986,545                              100.00                                  15,077                                         0.00                                        1,075,001,622               76.56%                           350,109
 8.   To re-elect Steven Levin as a Director                                       1,074,979,912                              100.00                                  20,126                                         0.00                                        1,075,000,038               76.56%                           353,258
 9.   To re-elect Ruth Markland as a Director                                      1,061,010,751                              98.70                                   13,990,502                                     1.30                                        1,075,001,253               76.56%                           352,042
 10.  To re-elect Alison Morris as a Director                                      1,074,977,753                              100.00                                  20,573                                         0.00                                        1,074,998,326               76.56%                           354,970
 11.  To re-elect George Reid as a Director                                        1,063,480,239                              98.93                                   11,521,962                                     1.07                                        1,075,002,201               76.56%                           351,094
 12.  To re-elect Chris Samuel as a Director                                       1,074,584,205                              99.96                                   414,944                                        0.04                                        1,074,999,149               76.56%                           354,147

 13.  To re-elect Mark Satchel as a Director                                       1,074,016,357                              99.91                                   983,032                                        0.09                                        1,074,999,389               76.56%                           353,907
 14.  To re-appoint Pricewaterhouse-Coopers LLP as Auditor of the Company          1,074,976,165                              100.00                                  34,513                                         0.00                                        1,075,010,678               76.56%                           342,618
 15.  To authorise the Board Audit Committee to determine the remuneration of the  1,074,233,465                              99.93                                   776,745                                        0.07                                        1,075,010,210               76.56%                           343,086
      Auditor
 16.  To authorise political donations or expenditure by the Company and its       834,691,611                                77.72                                   239,255,831                                    22.28                                       1,073,947,442               76.49%                           1,407,419
      subsidiaries
 17.  To authorise the Company to purchase its own shares*                         1,074,110,643                              99.99                                   138,104                                        0.01                                        1,074,248,747               76.51%                           1,106,114
 18.  To authorise the Company to enter into Contingent Purchase Contracts*        1,074,106,014                              99.99                                   138,290                                        0.01                                        1,074,244,304               76.51%                           1,108,992

*Special resolution

 

 

Notes:

i.    As at 6:30pm on Tuesday 20 May 2025, the time by which shareholders
who wanted to vote at the AGM must have been entered on the Company's register
of members, the number of issued shares in the Company was 1,404,105,498
ordinary shares. In accordance with the Company's articles of association, on
a poll every member present in person or by proxy had one vote for every share
held.

 

ii.    Votes withheld are not votes in law and therefore have not been
counted in the calculation of the proportion of the votes for or against a
resolution.

 

iii.   All percentages are shown to two decimal places.

 

Pursuant to UK Listing Rule 6.4.2R, copies of all resolutions, other than
those concerning ordinary business, passed at the AGM today will be submitted
to and available for inspection at the National Storage Mechanism and will
shortly be available to view at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

The poll results will also be available shortly on the Company's website at
plc.quilter.com/gm
(https://plc.quilter.com/investor-relations/shareholder-centre/general-meeting-hub/)
.

 

- ends -

 

Enquiries:

 Investor Relations:

 John-Paul Crutchley   +44 (0)7741 385 251

 Company Secretary:

 Clare Barrett         +44 (0)207 002 7072

 

About Quilter plc:

Quilter plc is a leading provider of financial advice, investments and wealth
management, committed to being the UK's best wealth manager for clients and
their advisers.

 

Quilter oversees £119.6 billion in customer investments as at 31 March 2025.

 

It has an adviser and customer offering spanning: financial advice, investment
platforms, multi-asset investment solutions, and discretionary fund
management.

 

The business is comprised of two segments: Affluent and High Net Worth.

 

Affluent encompasses the financial planning business, Quilter Financial
Planning, the Quilter Investment Platform and Quilter Investors, the
multi-asset investment solutions business.

 

High Net Worth comprises Quilter Cheviot, the discretionary fund management
and financial planning business.

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