NatWest Group plc - Result of Annual General Meeting
28 April 2021
Following the Annual General Meeting held today, NatWest Group plc announces the results of the poll vote for each resolution as follows. Resolutions 18, 19, 21, 22 and 24 to 27 were passed as special resolutions.
| | For | % of votes cast | Against | % of votes cast | Total votes cast as % of Voting Share Capital | Withheld * |
| Resolution 1 To receive the 2020 Report and Accounts | 41,461,080,224 | 99.99 | 3,769,088 | 0.01 | 89.54% | 18,782,700 |
| Resolution 2 To approve the Annual Report on Remuneration in the Directors' Remuneration Report | 40,070,096,464 | 99.89 | 42,368,132 | 0.11 | 86.62% | 1,371,168,504 |
| Resolution 3 To declare a final dividend of 3 pence per ordinary share | 41,471,286,776 | 99.98 | 7,872,704 | 0.02 | 89.57% | 4,473,776 |
| Resolution 4 To re-elect Howard Davies as a Director | 41,127,534,568 | 99.16 | 349,577,912 | 0.84 | 89.57% | 6,525,268 |
| Resolution 5 To re-elect Alison Rose-Slade as a Director | 41,460,156,984 | 99.96 | 17,504,996 | 0.04 | 89.57% | 5,778,384 |
| Resolution 6 To re-elect Katie Murray as a Director | 41,460,227,924 | 99.96 | 16,531,144 | 0.04 | 89.57% | 7,044,368 |
| Resolution 7 To re-elect Frank Dangeard as a Director | 41,457,021,000 | 99.96 | 15,262,928 | 0.04 | 89.56% | 11,157,668 |
| Approval of Frank Dangeard's | 13,782,008,224 | 99.89 | 15,262,928 | 0.11 | 74.05% | 11,157,668 |
| Resolution 8 To re-elect Patrick Flynn as a Director | 41,457,695,928 | 99.97 | 14,344,816 | 0.03 | 89.56% | 11,400,980 |
| Approval of Patrick Flynn's re-election by independent shareholders only | 13,782,683,152 | 99.90 | 14,344,816 | 0.10 | 74.05% | 11,400,980 |
| Resolution 9 To re-elect Morten Friis as a Director | 41,461,536,516 | 99.98 | 10,188,156 | 0.02 | 89.56% | 11,717,052 |
| Approval of Morten Friis' re-election by independent shareholders only | 13,786,523,740 | 99.93 | 10,188,156 | 0.07 | 74.05% | 11,717,052 |
| Resolution 10 To re-elect Robert Gillespie as a Director | 41,284,345,920 | 99.97 | 10,795,472 | 0.03 | 89.18% | 188,495,972 |
| Approval of Robert Gillespie's re-election by independent shareholders only | 13,609,333,144 | 99.92 | 10,795,472 | 0.08 | 73.10% | 188,495,972 |
| Resolution 11 To re-elect Yasmin Jetha as a Director | 41,466,248,832 | 99.99 | 5,821,248 | 0.01 | 89.56% | 11,368,688 |
| Approval of Yasmin Jetha's re-election by independent shareholders | 13,791,236,056 | 99.96 | 5,821,248 | 0.04 | 74.05% | 11,368,688 |
| Resolution 12 To re-elect Mike Rogers as a Director | 41,461,353,340 | 99.97 | 10,529,868 | 0.03 | 89.56% | 11,558,516 |
| Approval of Mike Rogers' re-election by independent shareholders only | 13,786,340,564 | 99.92 | 10,529,868 | 0.08 | 74.05% | 11,558,516 |
| Resolution 13 To re-elect Mark Seligman as a Director | 41,461,583,672 | 99.98 | 10,217,444 | 0.02 | 89.56% | 11,640,608 |
| Approval of Mark Seligman's | 13,786,570,896 | 99.93 | 10,217,444 | 0.07 | 74.05% | 11,640,608 |
| Resolution 14 To re-elect Lena Wilson as a Director | 41,462,717,264 | 99.98 | 9,356,988 | 0.02 | 89.56% | 11,364,508 |
| Approval of Lena Wilson's re-election by independent shareholders only | 13,787,704,488 | 99.93 | 9,356,988 | 0.07 | 74.05% | 11,364,508 |
| Resolution 15 To re-appoint Ernst & Young LLP as auditors | 41,120,277,316 | 99.15 | 352,579,716 | 0.85 | 89.56% | 10,561,360 |
| Resolution 16 To authorise the Group Audit Committee to fix the remuneration of the auditors | 41,471,420,908 | 99.99 | 3,716,340 | 0.01 | 89.56% | 8,301,536 |
| Resolution 17 To renew the directors' authority to allot shares in the Company | 40,824,572,560 | 98.43 | 653,034,116 | 1.57 | 89.57% | 6,035,044 |
| Resolution 18 To renew the directors' authority to allot equity securities on a non pre-emptive basis in connection with an offer or issue of equity securities | 41,450,362,716 | 99.94 | 26,343,032 | 0.06 | 89.57% | 6,937,100 |
| Resolution 19 To renew the directors' authority to allot equity securities on a non pre-emptive basis in connection with the purposes of financing a transaction
| 40,740,621,796 | 98.22 | 736,346,340 | 1.78 | 89.57% | 6,671,960 |
| Resolution 20 To renew the directors' authority to allot ordinary shares or grant rights to subscribe for or to convert any security into ordinary shares in relation to Equity Convertible Notes | 41,120,925,552 | 99.14 | 355,669,972 | 0.86 | 89.57% | 7,033,072 |
| Resolution 21 To renew the directors' authority to allot equity securities on a non pre-emptive basis in connection with Equity Convertible Notes | 41,080,958,768 | 99.05 | 395,583,768 | 0.95 | 89.57% | 7,089,700 |
| Resolution 22 To renew the authority to permit the holding of General Meetings at 14 clear days' notice | 40,933,771,756 | 98.69 | 544,187,480 | 1.31 | 89.57% | 5,608,624 |
| Resolution 23 To renew the authority in respect of political donations and expenditure by the Company in terms of Section 366 of the Companies Act 2006 | 40,997,976,072 | 98.85 | 475,665,396 | 1.15 | 89.56% | 9,925,500 |
| Resolution 24 To renew the authority for the Company to purchase its own shares on a recognised investment exchange | 40,626,070,928 | 98.00 | 829,465,328 | 2.00 | 89.52% | 28,105,244 |
| Resolution 25 To renew the authority to make off-market purchases of ordinary shares from HM Treasury
| 13,765,108,452 | 99.89 | 15,104,492 | 0.11 | 29.76% | 28,340,604 |
| Resolution 26 To authorise the Company to make off-market purchases of preference securities | 41,442,314,980 | 99.97 | 11,389,488 | 0.03 | 89.52% | 29,836,156 |
| Resolution 27 To amend the Company's Articles of Association
| 41,469,669,564 | 99.99 | 4,542,360 | 0.01 | 89.56% | 9,325,472 |
| Resolution 28 To renew the authority to offer shares in lieu of a cash dividend on ordinary shares | 41,466,150,684 | 99.97 | 11,031,104 | 0.03 | 89.57% | 6,367,076 |
* A vote Withheld is not a vote in law and is not counted in the calculation of the proportion of votes
"For" and "Against" a resolution.
In accordance with the UK Listing Authority's listing rules, copies of the amended Articles of Association and the resolutions that do not constitute ordinary business at an annual general meeting will shortly be available for inspection at the National Storage Mechanism which is located at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
As at 26 April 2021 (being the latest date by which shareholders who wanted to vote at the Annual General Meeting must have been entered on the company's Register of Members) the total number of voting rights in the company was 46,307,677,708.
Contact
RBS Media Centre
+44 (0)131 523 4205
Legal Entity Identifier: 2138005O9XJIJN4JPN90
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
