25 February 2022
On The Beach Group plc (the "Company")
Result of Annual General Meeting
The Board of the Company announces that at its Annual General Meeting ("AGM") held today, 25 February 2021, all the resolutions considered at the AGM were duly passed by the required majority by means of a poll vote.
The results of the poll votes on the resolutions are shown in the table below:
| | Resolution | Votes for | Votes against | Total votes cast (excl. withheld) | Votes withheld | ||
| | | No. of votes | % of vote | No. of votes | % of vote | No. of votes | No. of votes |
| 1. | To receive the report & accounts | 135,921,938 | 100.00% | 0 | 0.00% | 135,921,938 | 1,485,014 |
| 2. | To approve the Directors' remuneration policy | 134,600,923 | 97.97% | 2,787,219 | 2.03% | 137,388,142 | 18,810 |
| 3. | To approve the Directors' remuneration report | 136,851,675 | 99.61% | 532,471 | 0.39% | 137,384,146 | 22,806 |
| 4. | To re-appoint Richard Pennycook | 133,608,218 | 97.24% | 3,796,229 | 2.76% | 137,404,447 | 2,505 |
| 5. | To re-appoint Simon Cooper as a Director | 136,033,817 | 100.00% | 1,258 | 0.00% | 136,035,075 | 1,371,877 |
| 6. | To re-appoint Shaun Morton | 137,358,612 | 99.97% | 47,631 | 0.03% | 137,406,243 | 709 |
| 7. | To re-appoint David Kelly as a Director | 137,301,549 | 99.93% | 102,898 | 0.07% | 137,404,447 | 2,505 |
| 8. | To re-appoint Elaine O'Donnell as a director | 137,364,709 | 99.97% | 39,738 | 0.03% | 137,404,447 | 2,505 |
| 9. | To appoint Justine Greening as a director | 137,402,198 | 100.00% | 2,379 | 0.00% | 137,404,577 | 2,375 |
| 10. | To re-appoint Ernst & Young LLP as auditors | 136,033,003 | 99.00% | 1,371,574 | 1.00% | 137,404,577 | 2,375 |
| 11. | To authorise the directors to determine the auditor's remuneration. | 137,404,171 | 100.00% | 406 | 0.00% | 137,404,577 | 2,375 |
| 12. | To authorise the directors to allot shares. | 135,789,926 | 98.82% | 1,616,317 | 1.18% | 137,406,243 | 709 |
| 13. | To authorise political donations. | 131,667,875 | 95.82% | 5,736,801 | 4.18% | 137,404,676 | 2,276 |
| 14. | To dis-apply statutory pre-emption rights | 136,901,125 | 99.63% | 505,118 | 0.37% | 137,406,243 | 709 |
| 15. | To dis-apply statutory pre-emption rights (acquisition or capital investment). | 135,488,694 | 98.60% | 1,917,549 | 1.40% | 137,406,243 | 709 |
| 16. | To authorise the purchase of own shares. | 135,893,261 | 98.90% | 1,505,754 | 1.10% | 137,399,015 | 7,937 |
| 17. | To reduce the notice period required for General Meetings | 135,734,383 | 98.78% | 1,670,194 | 1.22% | 137,404,577 | 2,375 |
Notes:
1. A 'Vote withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes 'For' and 'Against' any resolution.
2. The Company's total ordinary shares in issue (total voting rights) as at the date of the AGM was 165,883,705 ordinary shares of £0.01 each. Ordinary shareholders are entitled to one vote per ordinary share held.
3. Resolutions 14 to 17 were passed as special resolutions.
4. In accordance with paragraph 9.6.2 of the LSE Listing Rules, a copy of the resolutions passed as special business at the AGM have been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
5. The complete poll results will be available shortly on the Company's website at: http://www.onthebeachgroupplc.com.
For further information:
| On the Beach Group plc Simon Cooper, Chief Executive Officer Shaun Morton, Chief Financial Officer Kirsteen Vickerstaff, Company Secretary
| c/o FTI Consulting |
| FTI Consulting Alex Beagley Fiona Walker Sam Macpherson
| Tel: +44 (0)20 3727 1000 |
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