REG - WPP PLC - Results of AGM

WPPAnnouncement

24/05/2022 17:15

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RNS Number : 6641M  WPP PLC  24 May 2022

 FOR IMMEDIATE RELEASE  24 May 2022

 

 

 

WPP PLC ("WPP")

 

Results of AGM

 

Following its Annual General Meeting (AGM) held at 2.00pm on Tuesday 24 May
2022, WPP plc (WPP) announces the results of the poll vote for each resolution
set out in the Notice of AGM. The full text of the resolutions proposed at the
AGM is included in WPP's Notice of AGM published on  31 March 2022, which is
available on WPP's website at: www.wpp.com/investors
(http://www.wpp.com/investors) .

 

Resolutions 1 to 20 were passed as ordinary resolutions and resolutions 21 to
23 were passed as special resolutions.

 

The following table shows the votes cast on each resolution:

 

 Resolution                                                                      Total Votes  For   %      Total Votes Against  %      Total Votes Cast  Votes Withheld
 1 Ordinary Resolution to receive the 2021 Annual Report and Accounts            896,362,753        99.93  646,184              0.07   897,008,937       4,196,198
 2 Ordinary Resolution to declare a final dividend                               900,742,472        99.95  433,013              0.05   901,175,485       29,650
 3 Ordinary Resolution to approve the Compensation        Committee              841,723,026        93.41  59,344,966           6.59   901,067,992       137,143
 report
 4 Ordinary Resolution to elect Simon Dingemans as a Director                    847,247,357        94.11  52,990,712           5.89   900,238,069       967,066
 5 Ordinary Resolution to re-elect Angela Ahrendts DBE as a Director             888,048,014        98.55  13,051,790           1.45   901,099,804       105,330
 6 Ordinary Resolution to re-elect Sandrine Dufour as a Director                 899,998,242        99.88  1,095,207            0.12   901,093,449       111,686
 7 Ordinary Resolution to re-elect Tarek Farahat as a Director                   898,638,952        99.73  2,454,784            0.27   901,093,736       111,398
 8 Ordinary Resolution to re-elect Tom Ilube CBE as a Director                   887,335,147        98.47  13,759,466           1.53   901,094,613       110,521
 9 Ordinary Resolution to re-elect Roberto Quarta as a Director                  875,457,434        97.16  25,634,598           2.84   901,092,032       113,102
 10 Ordinary Resolution to re-elect Mark Read as a Director                      896,625,043        99.50  4,467,703            0.50   901,092,746       112,389
 11 Ordinary Resolution to re-elect John Rogers as a Director                    899,423,247        99.82  1,657,666            0.18   901,080,913       124,222
 12 Ordinary Resolution to re-elect Cindy Rose OBE as a Director                 900,196,564        99.90  902,596              0.10   901,099,160       105,975
 13 Ordinary Resolution to re-elect Nicole Seligman as a Director                842,069,893        93.45  59,025,651           6.55   901,095,544       109,590
 14 Ordinary Resolution to re-elect Keith Weed CBE as a Director                 896,629,988        99.86  1,216,686            0.14   897,846,674       3,358,461
 15 Ordinary Resolution to re-elect Jasmine Whitbread as a Director              662,809,535        73.56  238,287,890          26.44  901,097,425       107,710
 16 Ordinary Resolution to re-elect Dr. Ya-Qin Zhang as a Director               855,504,210        94.94  45,596,353           5.06   901,100,563       104,572
 17 Ordinary Resolution to re-appoint Deloitte LLP as the auditor of the         882,755,520        97.96  18,385,799           2.04   901,141,319       59,242
 Company
 18 Ordinary Resolution to authorise the Audit Committee, on behalf of the       896,240,077        99.46  4,906,799            0.54   901,146,876       58,259
 Board, to determine the auditor's remuneration
 19 Ordinary Resolution to authorise the Directors to allot relevant securities  829,661,839        92.08  71,374,157           7.92   901,035,996       169,139
 20 Ordinary Resolution to approve the renewal of the WPP plc Executive          876,269,266        98.34  14,795,652           1.66   891,064,918       10,140,217
 Performance Share Plan (EPSP) as amended
 21 Special Resolution to authorise the Company to purchase its own shares       896,877,812        99.58  3,806,878            0.42   900,684,690       520,445
 22 Special Resolution to authorise the Directors to allot equity securities     848,198,279        94.29  51,384,848           5.71   899,583,127       1,622,008
 wholly for cash

 

 23 Special Resolution to authorise the disapplication of pre-emption rights  835,252,211  92.86  64,262,364  7.14  899,514,575  1,680,569

 

Resolution 15 - Re-election of Jasmine Whitbread

The Company was pleased that Resolution 15 relating to Jasmine Whitbread's
re-election to the Board was supported but notes that a significant minority
were not able to support her re-election at this time due to concerns about
the number of other directorships of listed companies held by Jasmine, and the
potential impact on her time commitment to WPP. The Board believes that
Jasmine continues to devote sufficient time to discharge her duties. However,
the Board takes seriously the results of the AGM and will continue to engage
with shareholders to understand and respond to their views on the matter.

 
Notes:

 

(1)  The "for" votes include those giving the Chairman discretion.

(2)  Total votes "for" and "against" are expressed as a percentage of the
total votes cast.

(3)  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.

(4)  Issued Share Capital (excluding Treasury Shares): 1,098,813,213 ordinary
shares.

 

The above poll results will shortly be available on WPP's website at
www.wpp.com/investors (http://www.wpp.com/investors) . In accordance with
Listing Rule 9.6.2 a copy of the resolutions, other than those concerning
ordinary business of the Company, will be submitted to the FCA and will in due
course be available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/%23/nsm/nationalstoragemechanism)

 

 

Balbir Kelly-Bisla

Company Secretary

 

Further information

Chris Wade, WPP +44 (0)20 7282 4600

 

About WPP

WPP is the creative transformation company. We use the power of creativity to
build better futures for our people, planet, clients and communities. For more
information, visit www.wpp.com (http://www.wpp.com/) .

 

END

 

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