Schroders plc
('Schroders')
Annual General Meeting ('AGM') 2022 Results
All resolutions 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 | 196,847,239 | 100.00 | 335 | 0.00 | 92,779 | 87.09% |
| 2 | To declare the Final Dividend | 196,755,537 | 99.91 | 183,497 | 0.09 | 4,802 | 87.13% |
| 3 | To approve the Remuneration report | 190,263,888 | 96.62 | 6,663,293 | 3.38 | 13,149 | 87.13% |
| 4 | To elect Dame Elizabeth Corley | 196,863,262 | 99.97 | 60,042 | 0.03 | 17,024 | 87.13% |
| 4* | To elect Dame Elizabeth Corley | 88,644,551 | 99.93 | 60,042 | 0.07 |
17,024 |
75.37% |
| 5 | To re-elect Peter Harrison | 196,863,627 | 99.97 | 60,967 | 0.03 | 15,734 | 87.13% |
| 6 | To re-elect Richard Keers | 196,751,262 | 99.91 | 173,191 | 0.09 | 15,875 | 87.13% |
| 7 | To re-elect Ian King
| 196,094,919 | 99.58 | 827,519 | 0.42 | 17,890 | 87.13% |
| 7* | To re-elect Ian King
| 87,876,208 | 99.07 | 827,519 | 0.93 |
17,890 |
75.37% |
| 8 | To re-elect Sir Damon Buffini | 196,093,432 | 99.58 | 828,822 | 0.42 | 18,074 |
87.13% |
| 8* | To re-elect Sir Damon Buffini | 87,874,721 | 99.07 | 828,822 | 0.93 | 18,074 |
75.36% |
| 9 | To re-elect Rhian Davies | 196,094,151 | 99.58 | 828,103 | 0.42 | 18,074 |
87.13% |
| 9* | To re-elect Rhian Davies | 87,875,440 | 99.07 | 828,103 | 0.93 | 18,074 |
75.36% |
| 10 | To re-elect Rakhi Goss-Custard | 196,115,533 | 99.59 | 806,240 | 0.41 | 18,555 |
87.12% |
| 10* | To re-elect Rakhi Goss-Custard | 87,896,822 | 99.09 | 806,240 | 0.91 |
18,555 |
75.36% |
| 11 | To re-elect Deborah Waterhouse | 196,110,273 | 99.58 | 820,616 | 0.42 |
9,439 |
87.13% |
| 11* | To re-elect Deborah Waterhouse | 87,891,562 | 99.07 | 820,616 | 0.93 | 9,439 |
75.37% |
| 12 | To re-elect Matthew Westerman | 195,632,331 | 99.34 | 1,290,302 | 0.66 |
17,695 |
87.13% |
| 12* | To re-elect Matthew Westerman | 87,413,620 | 98.55 | 1,290,302 | 1.45 |
17,695 |
75.37% |
| 13 | To re-elect Claire Fitzalan Howard | 195,493,655 | 99.27 | 1,436,834 | 0.73 | 9,839 | 87.13% |
| 14 | To re-elect Leonie Schroder
| 195,438,296 | 99.27 | 1,436,864 | 0.73 | 65,168 | 87.10% |
| 15 | To re-appoint Ernst & Young LLP as auditor | 196,311,806 | 99.69 | 618,311 | 0.31 | 10,211 | 87.13% |
| 16 | To authorise the Audit and Risk Committee to determine the auditor's remuneration | 196,931,581 | 100.00 | 814 | 0.00 | 7,933 | 87.13% |
| 17 | To renew the authority to allot shares | 196,913,458 | 99.99 | 18,973 | 0.01 | 7,897 | 87.13% |
| 18 | To approve the disapplication of pre-emption rights | 196,890,685 | 99.98 | 39,767 | 0.02 | 9,876 | 87.13% |
| 19 | To renew the authority to purchase own shares | 196,270,965 | 99.68 | 628,363 | 0.32 | 41,000 | 87.11% |
| 20 | Notice of general meetings | 194,450,623 | 98.76 | 2,450,368 | 1.24 | 39,337 | 87.12% |
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 26 April 2022, 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 226,022,400.
Resolutions 18, 19, and 20 were passed as special resolutions. Copies of resolutions 17, 18, 19, and 20 will be filed at Companies House.
*ǂIn accordance with Listing Rule 9.2.2E, to be passed, resolutions 4 and 7 to 12 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* and 7* to 12* above. The Schroders issued ordinary share capital used for Resolutions 4* and 7* to 12* is 117,698,689 which is the total number of ordinary shares held by independent shareholders.
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 Chairman'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
28 April 2022
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