Result of General Meeting 2 May 2023
02 May 2023
Carr's (CARR.L), the Speciality Agriculture and Engineering Group, confirms that all resolutions proposed at its General Meeting held in Carlisle at 10.00am today were passed by shareholders.
The results of the poll on the resolutions put before the meeting are set out below. Votes withheld do not count in the number of votes counted for or against a resolution.
| Resolution | Number of votes for | % of votes for | Number of votes against | % of votes against | Number of votes withheld | Total votes cast |
|---|---|---|---|---|---|---|
| 1. Approve Annual Report and Accounts | 40,192,865 | 99.91% | 34,887 | 0.09% | 6,791 | 40,234,543 |
| 2. Approve final dividend | 40,232,543 | 100.00% | 0 | 0.00% | 2,000 | 40,234,543 |
| 3. Re-appoint Grant Thornton UK LLP as Auditor | 40,089,254 | 99.66% | 135,808 | 0.34% | 9,481 | 40,234,543 |
| 4. Authorise remuneration of Auditor | 40,193,314 | 99.93% | 26,908 | 0.07% | 14,321 | 40,234,543 |
| 5. Approve Remuneration Report | 30,618,159 | 76.68% | 9,309,594 | 23.32% | 47,240 | 39,974,993 |
The Board notes that although resolution 5 was passed by the requisite majority, 23.32% of votes were cast against. The Company will engage with shareholders to fully understand the reasons for this and provide an update within six months as required by the Corporate Governance Code 2018.
The total number of votes cast was 40,234,543 representing 42.75% of the Company's shareholders. The Board is always open to constructive dialogue with shareholders and is grateful to all those who took the time to consider and vote on the resolutions proposed.
Enquiries:
| Carr's Group plc Matthew Ratcliffe, Company Secretary | Tel: +44 (0) 1228 554 600 |