Schroders
plc
Annual General Meeting ('AGM') 2024
Results
Schroders plc ('Schroders') confirms that all
resolutions put to the AGM held earlier today were passed and the
results are as follows:
|
Resolution
|
For
(including discretionary)
|
%
|
Against
|
%
|
Withheld
|
Votes cast as a percentage of
Schroders issued ordinary share
capitalǂ
|
1
|
To receive the Annual Report &
Accounts
|
1,430,713,416
|
100.00
|
5,831
|
0.00
|
1,356,589
|
88.75%
|
2
|
To declare the Final
Dividend
|
1,431,032,395
|
100.00
|
12,571
|
0.00
|
1,030,870
|
88.77%
|
3
|
To approve the Remuneration
report
|
1,379,172,791
|
96.38
|
51,815,946
|
3.62
|
1,087,099
|
88.77%
|
4
|
To elect Iain Mackay
|
1,430,887,851
|
100.00
|
39,680
|
0.00
|
1,148,305
|
88.76%
|
4*
|
To elect Iain Mackay
|
721,522,083
|
99.99
|
39,680
|
0.01
|
191,933
|
80.07%
|
5
|
To elect Richard Oldfield
|
1,429,947,177
|
99.93
|
997,840
|
0.07
|
1,130,819
|
88.76%
|
6
|
To elect Annette Thomas
|
1,429,808,885
|
99.92
|
1,110,684
|
0.08
|
1,156,267
|
88.76%
|
6*
|
To elect Annette Thomas
|
720,443,117
|
99.85
|
1,110,684
|
0.15
|
199,895
|
80.07%
|
7
|
To elect Frederic Wakeman
|
1,430,883,275
|
100.00
|
33,406
|
0.00
|
1,159,155
|
88.76%
|
7*
|
To elect Frederic Wakeman
|
721,517,507
|
100.00
|
33,406
|
0.00
|
202,783
|
80.07%
|
8
|
To re-elect Dame Elizabeth
Corley
|
1,420,899,953
|
99.30
|
10,033,985
|
0.70
|
1,141,898
|
88.76%
|
8*
|
To re-elect Dame Elizabeth
Corley
|
711,534,185
|
98.61
|
10,033,985
|
1.39
|
185,526
|
80.07%
|
9
|
To re-elect Peter Harrison
|
1,429,912,059
|
99.93
|
1,045,702
|
0.07
|
1,118,075
|
88.77%
|
10
|
To re-elect Ian King
|
1,422,944,890
|
99.44
|
7,971,782
|
0.56
|
1,159,164
|
88.76%
|
10*
|
To re-elect Ian King
|
713,579,122
|
98.90
|
7,971,782
|
1.10
|
202,792
|
80.07%
|
11
|
To re-elect Rakhi
Goss-Custard
|
1,423,283,639
|
99.47
|
7,631,520
|
0.53
|
1,160,677
|
88.76%
|
11*
|
To re-elect Rakhi
Goss-Custard
|
713,917,871
|
98.94
|
7,631,520
|
1.06
|
204,305
|
80.07%
|
12
|
To re-elect Deborah
Waterhouse
|
1,420,039,414
|
99.44
|
7,964,770
|
0.56
|
4,071,652
|
88.58%
|
12*
|
To re-elect Deborah
Waterhouse
|
710,673,646
|
98.89
|
7,964,770
|
1.11
|
3,115,280
|
79.74%
|
13
|
To re-elect Matthew
Westerman
|
1,400,610,800
|
97.88
|
30,315,125
|
2.12
|
1,149,911
|
88.76%
|
13*
|
To re-elect Matthew
Westerman
|
691,245,032
|
95.80
|
30,315,125
|
4.20
|
193,539
|
80.07%
|
14
|
To re-elect Claire Fitzalan
Howard
|
1,401,301,455
|
97.93
|
29,622,569
|
2.07
|
1,151,812
|
88.76%
|
15
|
To re-elect Leonie
Schroder
|
1,401,308,200
|
97.93
|
29,637,059
|
2.07
|
1,130,577
|
88.76%
|
16
|
To re-appoint Ernst & Young LLP
as auditor
|
1,427,940,310
|
99.79
|
3,052,692
|
0.21
|
1,082,834
|
88.77%
|
17
|
To authorise the Audit and Risk
Committee to determine the auditor's remuneration
|
1,430,935,605
|
99.99
|
96,047
|
0.01
|
1,044,184
|
88.77%
|
18
|
To authorise Political
Donations
|
1,321,280,036
|
99.05
|
12,687,400
|
0.95
|
98,108,400
|
82.75%
|
19ǂ
|
To approve the Panel's Waiver
regarding
Rule 9 of the Takeover
Code
|
687,559,153
|
95.33
|
33,684,950
|
4.67
|
971,769
|
44.74%
|
20
|
To authorise the purchase of own
shares
|
1,411,032,179
|
98.61
|
19,954,103
|
1.39
|
1,089,554
|
88.77%
|
21
|
Notice of general meetings
|
1,398,066,147
|
97.70
|
32,943,604
|
2.30
|
1,061,885
|
88.77%
|
As announced on 29 February 2024,
Rhian Davies did not stand for re-election and stepped down as a
Director at the conclusion of the Annual General
Meeting.
For the purposes of section 341 of
the Companies Act 2006, the votes validly cast are expressed in the
table above as a percentage of Schroders' total issued ordinary
share capital as at 6pm on 23 April 2024, being the time at which a
shareholder had to be registered in the register of members in
order to attend and vote at the AGM. A vote "withheld" is not
a vote in law and has not been counted as a vote "for" or "against"
a resolution.
The number of ordinary shares in
issue at the date of this announcement is 1,612,071,525.
Resolutions 20 and 21 were passed as
special resolutions. Copies of resolutions 18, 19, 20 and 21 will
be filed at Companies House.
* In accordance with Listing Rule
9.2.2E, to be passed, resolutions 4, 6, 7, 8 and 10 to 13 must be
approved by a simple majority of all shareholders and by a simple
majority of the independent shareholders. The results of the
independent shareholder vote on the applicable Resolutions are set
out in 4*, 6*, 7*, 8* and 10* to 13*.
The Schroders issued ordinary share
capital used for Resolutions 4*, 6*, 7*, 8* and 10* to 13* is
901,202,939 which is the total number of ordinary shares held by
independent shareholders.
ǂ Only the votes of independent
shareholders have been counted in determining the result of
Resolution 19.
In accordance with LR 9.6.2, a copy
of the resolutions passed, other than resolutions concerning
ordinary business, at today's AGM will be submitted to the National
Storage Mechanism and will be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The Chair's and Chief Executive's
AGM update and a summary of the questions asked on the day and by
email will be published on the AGM page of our website at
www.schroders.com/AGM.
Enquiries:
Graham Staples
Company Secretary
Schroders plc
Tel: 020 7658 6000
25 April 2024