REG-XP Power Ltd: Result of Annual General Meeting

XP PowerAnnouncement

20/04/2021 11:50

                                                   
        20 April 2021

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 20 April
2021, commencing at 5.00 p.m. Singapore time. All resolutions were unanimously
passed by a show of hands.

For information, the following table shows the total votes cast by proxy
voting on the resolutions that were put to the meeting. The total number of
shares in issue was 19,642,296.

 Resolution number                  Resolution description                  In Favour            Against          Withheld    
                                                                              Votes       %       Votes      %     Votes      
         1          To receive and adopt the reports and audited accounts  12,850,153   100.0%           0 0.0%      25,000   
         2          To approve the final dividend                          12,875,153   100.0%           0 0.0%           0   
         3          To re-elect James Peters                               12,308,528   95.6%      566,625 4.4%           0   
         4          To re-elect Terry Twigger                               11,874082   92.2%    1,001,071 7.8%           0   
         5          To re-elect Andy Sng                                   12,743,380   99.0%      131,773 1.0%           0   
         6          To re-elect Pauline Lafferty                           11,842,831   92.0%    1,032,322 8.0%           0   
         7          To re-elect Gavin Griggs                               12,834,493   99.7%       40,660 0.3%           0   
         8          To re-elect Polly Williams                             11,964,860   92.9%      910,293 7.1%           0   
         9          To reappoint auditors                                  12,779,949   99.3%       86,485 0.7%       8,719   
         10         Remuneration of auditors                               12,823,128   99.6%       52,025 0.4%           0   
         11         To receive and adopt the Remuneration Report           11,656,814   90.5%    1,218,147 9.5%         192   
         12         Authority to allot shares                              11,549,109   97.5%      297,325 2.5%   1,028,719   
         13         To authorize the issue of shares                       12,875,153  100.00%           0 0.0%           0   
         14         To authorize the disapplication of pre-emption rights  12,843,717   99.8%       31,436 0.2%           0   
         15         Authority for the Company to purchase its own shares   12,850,153   99.8%       25,000 0.2%           0   

Note: Percentage of votes cast excludes withheld votes

Enquiries:

XP
Power                                                                
                                                                
                                                                

Gavin Griggs, Chief Executive Officer +44 (0)118 984 5515

Johan Olivier, Acting Chief Financial Officer +44 (0)118 984 5515



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