REG-XP Power Ltd: Result of AGM <Origin Href="QuoteRef">XPP.L</Origin>

XP PowerAnnouncement

19/04/2017 18:30

19 April 2017

XP Power Limited
(“XP Power” or “the Company”)

Result of Annual General Meeting

The Annual General Meeting of XP Power Limited was held at 401 Commonwealth
Drive, Haw Par Technocentre, Lobby B, #02-02, Singapore 149598 on 19 April
2017, commencing at 5.00 p.m. Singapore time. All resolutions were unanimously
passed by show of hands.

For information, the following table shows the votes cast by proxy voting. The
total number of shares in issue was 19,242,296.

 Resolution number and description                                                        In Favour / Discretion          Against Votes         Withheld Votes    
                                                                                          Votes                   %                      %                        
 1                  To receive and adopt the reports and audited accounts.                14,597,378              100.0%  0              0.00%  0                 
 2                  To approve a final dividend.                                          14,597,378              100.0%  0              0.00%  0                 
 3                  To re-elect James Edward Peters as a Director of the Company.         14,329,562              98.8%   176,527        1.22%  91,287            
 4                  To re-elect Andy Sng Seng Kok as a Director of the Company.           14,552,378              100.0%  0              0.00%  45,000            
 5                  To re-elect Terence Twigger as a Director of the Company.             14,554,378              100.0%  0              0.00%  43,000            
 6                  To re-elect Peter Alfred Bucher as a Director of the Company.         14,554,378              100.0%  0              0.00%  43,000            
 7                  To re-elect Mike R. Laver as a Director of the Company.               14,554,878              100.0%  0              0.00%  42,500            
 8                  To re-elect Duncan John Penny as a Director of the Company.           14,554,378              100.0%  0              0.00%  43,000            
 9                  To re-elect Jonathan Simon Rhodes-Hole as a Director of the Company.  14,554,378              100.0%  0              0.00%  43,000            
 10                 To re-elect Polly Ann Williams as a Director of the Company.          14,197,807              97.5%   357,070        2.45%  42,500            
 11                 To re-appoint PricewaterhouseCoopers LLP as auditors.                 14,535,582              99.6%   61,795         0.42%  0                 
 12                 To authorise Directors to set the auditors' remuneration.             14,595,634              100.0%  1,744          0.01%  0                 
 13                 To approve the Remuneration Policy.                                   14,034,082              96.2%   561,028        3.84%  2,266             
 14                 To approve the Remuneration Report.                                   13,161,504              90.5%   1,373,868      9.45%  62,003            
 15                 To approve the XP Power Limited Long Term Incentive Plan 2017         14,036,112              96.2%   560,498        3.84%  266               
 16                 To authorise Directors to allot shares.                               14,572,723              99.8%   22,389         0.15%  2,266             
 17                 To amend Article 96.1 – Directors’ Fees                               13,301,407              91.4%   1,250,990      8.60%  44,980            
 18                 To amend Article 5 – Pre emption Rights                               14,551,868              100.0%  530            0.00%  44,980            
 19                 To authorise the disapplication of pre-emption rights                 14,551,768              99.7%   43,130         0.30%  2,480             
 20                 To authorise the purchase of own shares.                              14,535,976              99.6%   61,401         0.42%  0                 

Note: Percentage of votes cast excludes withheld votes

Enquiries:

XP Power
Jonathan Rhodes, Finance Director  +44 (0)118 976 5074    



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