BIOPHARMA CREDIT PLC
(THE "COMPANY")
RESULT OF 2023 ANNUAL GENERAL MEETING
The Company is pleased to announce that, at the Annual General Meeting held today, all resolutions put to the meeting were passed by way of a poll.
| Resolutions | Votes For | % | Votes Against | % | Votes Withheld1 |
| 1: To receive and accept the annual report and financial statements | 584,028,016 | 100.00% | 0 | 0.00% | 0 |
| 2: To approve the Directors' Remuneration Report | 583,832,967 | 99.98% | 132,056 | 0.02% | 62,993 |
| 3: To re-elect Harry Hyman as a Director | 509,140,483 | 87.18% | 74,848,533 | 12.82% | 39,000 |
| 4: To re-elect Colin Bond as a Director | 583,961,133 | 100.00% | 22,183 | 0.00% | 44,700 |
| 5: To re-elect Duncan Budge as a Director | 506,318,657 | 86.70% | 77,664,659 | 13.30% | 44,700 |
| 6: To re-elect Stephanie Léouzon as a Director | 583,960,840 | 100.00% | 22,476 | 0.00% | 44,700 |
| 7: To re-elect Rolf Soderstrom as a Director | 583,977,236 | 100.00% | 6,080 | 0.00% | 44,700 |
| 8: To elect Sapna Shah as a Director | 583,973,133 | 100.00% | 8,683 | 0.00% | 46,200 |
| 9: To re-appoint Ernst & Young LLP as Auditor to the Company | 572,909,389 | 98.10% | 11,112,627 | 1.90% | 6,000 |
| 10: To authorise the Directors to determine the remuneration of the Auditor | 583,954,933 | 100.00% | 20,060 | 0.00% | 53,023 |
| 11: To approve the Company's dividend payment policy | 573,028,016 | 98.12% | 11,000,000 | 1.88% | 0 |
| 12: To authorise the allotment of shares by the Company | 582,922,005 | 100.00% | 25,280 | 0.00% | 1,080,731 |
| 13: To authorise the disapplication of pre-emption rights | 556,590,025 | 95.48% | 26,367,212 | 4.52% | 1,070,779 |
| 14: To authorise the Company to make market purchases of ordinary shares | 509,047,631 | 87.32% | 73,929,283 | 12.68% | 1,051,102 |
| 15: To authorise the Company to hold general meetings on 14 clear days' notice | 583,949,781 | 99.99% | 78,235 | 0.01% | 0 |
1. A 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.
Copies of resolutions 12 to 15 have been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
30 May 2023
Enquiries
BioPharma Credit plc
via Link Company Matters Limited
Company Secretary
T. +44 (0) 333 300 1950
Buchanan
David Rydell / Mark Court / Jamie Hooper / Henry Wilson
+44 (0) 20 7466 5000
biopharmacredit@buchanan.uk.com
Notes to Editors:
BioPharma Credit PLC is London's only listed specialist investor in debt from the life sciences industry and joined the LSE on 27 March 2017. The Company seeks to provide long-term shareholder returns, principally in the form of sustainable income distributions from exposure to the life sciences industry. The Company seeks to achieve this objective primarily through investments in debt assets secured by royalties or other cash flows derived from the sales of approved life sciences products.
LEI: 213800AV55PYXAS7SY24
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