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RNS Number : 8935G  Unilever PLC  30 April 2025

London, 30 April 2025

 

 

UNILEVER PLC

 

RESULTS OF ANNUAL GENERAL MEETING

 

 

 

Unilever PLC shareholders today approved each of the resolutions put to the
2025 Annual General Meeting. Resolutions 1 to 15 were passed as ordinary
resolutions and resolutions 16 to 19 were passed as special resolutions.
Voting was by poll on each resolution and the results are set out below.

 

 

BOARD APPOINTMENTS

 

The following directors stood for election or re-election and were duly
elected or re-elected by the shareholders of Unilever PLC:

 

Benoît Potier, Zoe Yujnovich, Fernando Fernandez, Adrian Hennah, Susan
Kilsby, Ruby Lu, Judith McKenna, Ian Meakins and Nelson Peltz.

 

 

POLL RESULTS - ANNUAL GENERAL MEETING 30 April 2025

 

 

                                                                            TOTAL VOTES FOR  %       TOTAL VOTES AGAINST  %       TOTAL VOTES CAST  % OF SHARE CAPITAL VALIDLY CAST VOTED FOR AND AGAINST  VOTES WITHHELD
 1. To receive the Report and Accounts for the year ended 31 December 2024  1,799,634,775    99.23%  13,883,754           0.77%   1,813,518,529     73.84%                                                 3,553,925
 together with the Directors' Reports and the Auditor's Report
 2. To approve the Directors' Remuneration Report                           1,311,939,513    72.29%  502,912,633          27.71%  1,814,852,146     73.90%                                                 2,222,529
 3. To elect Benoît Potier as a Director                                    1,812,197,831    99.87%  2,397,611            0.13%   1,814,595,442     73.89%                                                 250,686
 4. To elect Zoe Yujnovich as a Director                                    1,811,330,368    99.82%  3,201,110            0.18%   1,814,531,478     73.89%                                                 247,377
 5. To re-elect Fernando Fernandez as a Director                            1,812,853,767    99.88%  2,246,965            0.12%   1,815,100,732     73.91%                                                 243,186
 6. To re-elect Adrian Hennah as a Director                                 1,685,812,240    92.91%  128,701,746          7.09%   1,814,513,986     73.88%                                                 367,357
 7. To re-elect Susan Kilsby as a Director                                  1,808,866,372    99.69%  5,711,542            0.31%   1,814,577,914     73.89%                                                 261,502
 8. To re-elect Ruby Lu as a Director                                       1,803,637,884    99.39%  11,045,923           0.61%   1,814,683,807     73.89%                                                 239,553
 9. To re-elect Judith McKenna as a Director                                1,806,431,561    99.55%  8,095,650            0.45%   1,814,527,211     73.89%                                                 219,232
 10. To re-elect Ian Meakins as a Director                                  1,710,039,826    94.85%  92,812,901           5.15%   1,802,852,727     73.41%                                                 9,924,426
 11. To re-elect Nelson Peltz as a Director                                 1,775,756,130    98.03%  35,682,557           1.97%   1,811,438,687     73.76%                                                 2,113,671
 12. To reappoint KPMG LLP as Auditor of the Company                        1,717,243,698    94.61%  97,806,035           5.39%   1,815,049,733     73.91%                                                 2,045,928
 13. To authorise the Directors to fix the remuneration of the Auditor      1,780,180,403    98.07%  34,995,837           1.93%   1,815,176,240     73.91%                                                 1,917,710
 14. To authorise political donations and expenditure                       1,773,872,062    98.10%  34,267,088           1.90%   1,808,139,150     73.63%                                                 8,956,374
 15. To renew the authority to Directors to allot shares                    1,701,680,561    94.07%  107,219,254          5.93%   1,808,899,815     73.66%                                                 8,195,045
 16. To renew the authority to Directors to disapply pre-emption rights     1,772,649,686    98.03%  35,591,216           1.97%   1,808,240,902     73.63%                                                 8,853,741
 17. To renew the authority to Directors to disapply pre-emption rights in  1,771,903,554    97.65%  42,552,420           2.35%   1,814,455,974     73.88%                                                 2,638,953
 connection with acquisitions or capital investments
 18. To renew the authority to the Company to purchase its own shares       1,812,190,140    99.86%  2,599,242            0.14%   1,814,789,382     73.90%                                                 2,305,546
 19. To shorten the notice period for General Meetings (other than Annual   1,707,233,520    94.09%  107,229,423          5.91%   1,814,462,943     73.88%                                                 2,631,807
 General Meetings) to 14 clear days' notice

 

Resolution 2: 2024 Directors' Remuneration Report

 

While the Board is pleased that all resolutions were supported by a
significant majority of shareholders, Resolution 2 was approved with a 72.29%
majority.

 

The Board has actively engaged with shareholders over the last year in respect
of a range of governance matters. That dialogue has helped the Board to build
a more detailed understanding of shareholder views, and in turn, for
shareholders to gather additional context to support understanding of the
Board's decisions. In the months ahead, we will continue to engage and in line
with the UK Corporate Governance Code, Unilever will publish a further
statement detailing the outcome of those engagements, including any actions
taken as a result, within six months of today's Annual General Meeting.

 

NOTES:

- The 'For' vote includes votes given at the Chair's discretion and details of
proxy votes cast are included in the table above.

- As at close of business on 29 April 2025 the total number of issued ordinary
shares of Unilever PLC was 2,524,997,338. Of those ordinary shares, 67,246,885
were held as treasury shares and 1,884,648 ordinary shares (including ordinary
shares represented by Unilever PLC ADSs) were held by or on behalf of
companies in the Unilever Group (the "Unilever Group Shares"). The voting
rights attaching to the Unilever Group Shares are not exercisable. Therefore,
as at 11.30am on 30 April 2025, the total number of Unilever PLC ordinary
shares with exercisable voting rights was 2,455,865,805.

 

A 'Vote withheld' is not a vote in law and will not be counted in the
calculation of the proportion of the votes 'for' and 'against' a resolution.

 

In accordance with UK Listing Rule 6.4.2 copies of all the resolutions passed,
other than ordinary business, will be submitted to and available for
inspection at the National Storage Mechanism and will shortly be available for
inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .  A copy of the
resolutions can also be found in the Chair's Letter and Notice of Meeting
which is available on our website: www.unilever.com/AGM
(http://www.unilever.com/AGM) .

 

 

30 April 2025

 

 

Cautionary Statement:

This announcement may contain forward-looking statements within the meaning of
the securities laws of certain jurisdictions, including 'forward-looking
statements' within the meaning of the United States Private Securities
Litigation Reform Act of 1995. All statements other than statements of
historical fact are, or may be deemed to be, forward-looking statements. Words
and terminology such as 'will', 'aim', 'expects', 'anticipates', 'intends',
'looks', 'believes', 'vision', 'ambition', 'target', 'goal', 'plan',
'potential', 'work towards', 'may', 'milestone', 'objectives', 'outlook',
'probably', 'project', 'risk', 'continue', 'should', 'would be', 'seeks', or
the negative of these terms and other similar expressions of future
performance, results, actions or events, and their negatives, are intended to
identify such forward-looking statements. Forward-looking statements also
include, but are not limited to, statements and information regarding
Unilever's emissions reduction and other sustainability-related targets and
other climate and sustainability matters (including actions, potential impacts
and risks and opportunities associated therewith). Forward-looking statements
can be made in writing but also may be made verbally by directors, officers
and employees of the Unilever Group (the "Group") (including during management
presentations) in connection with this announcement. These forward-looking
statements are based upon current expectations and assumptions regarding
anticipated developments and other factors affecting the Group. They are not
historical facts, nor are they guarantees of future performance or outcomes.
All forward-looking statements contained in this announcement are expressly
qualified in their entirety by the cautionary statements contained in this
section. Readers should not place undue reliance on forward-looking
statements.

Because these forward-looking statements involve known and unknown risks and
uncertainties, a number of which may be beyond the Group's control, there are
important factors that could cause actual results to differ materially from
those expressed or implied by these forward-looking statements. Among other
risks and uncertainties, the material or principal factors which could cause
actual results to differ materially from the forward-looking statements
expressed in this announcement are: Unilever's global brands not meeting
consumer preferences; Unilever's ability to innovate and remain competitive;
Unilever's investment choices in its portfolio management; the effect of
climate change on Unilever's business; Unilever's ability to find sustainable
solutions to its plastic packaging; significant changes or deterioration in
customer relationships; the recruitment and retention of talented employees;
disruptions in Unilever's supply chain and distribution; increases or
volatility in the cost of raw materials and commodities; the production of
safe and high-quality products; secure and reliable IT infrastructure;
execution of acquisitions, divestitures and business transformation projects,
including the proposed separation of our Ice Cream business; economic, social
and political risks and natural disasters; financial risks; failure to meet
high and ethical standards; and managing regulatory, tax and legal matters and
practices with regard to the interpretation and application thereof and
emerging and developing ESG reporting standards including differences in
implementation of climate and sustainability policies in the regions where the
Group operates.

The forward-looking statements are based on our beliefs, assumptions and
expectations of our future performance, taking into account all information
currently available to us. Forward-looking statements are not predictions of
future events. These beliefs, assumptions and expectations can change as a
result of many possible events or factors, not all of which are known to us.
If a change occurs, our business, financial condition, liquidity and results
of operations may vary materially from those expressed in our forward-looking
statements.

The forward-looking statements speak only as of the date of this announcement.
Except as required by any applicable law or regulation, the Group expressly
disclaims any intention, obligation or undertaking to release publicly any
updates or revisions to any forward-looking statements contained herein to
reflect any change in the Group's expectations with regard thereto or any
change in events, conditions or circumstances on which any such statement is
based. New risks and uncertainties arise over time, and it is not possible for
us to predict those events or how they may affect us. In addition, we cannot
assess the impact of each factor on our business or the extent to which any
factor, or combination of factors, may cause actual events, to differ
materially from those contained in any forward-looking statements. Further
details of potential risks and uncertainties affecting the Group are described
in the Group's filings with the London Stock Exchange, Euronext Amsterdam and
the US Securities and Exchange Commission, including in the Annual Report on
Form 20-F 2024 and the Unilever Annual Report and Accounts 2024.

 

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