KINGFISHER PLC
Results of the Annual General Meeting held on 27 June 2023
At the Annual General Meeting ('AGM') of Kingfisher plc (the 'Company') held earlier today, all resolutions were voted upon by poll and were passed by shareholders. Resolutions 1 to 17 were passed as ordinary resolutions; resolutions 18 to 21 were passed as special resolutions. The full text of each resolution is set out in the Notice of AGM, which is available from www.kingfisher.com
The results of the poll for each resolution are as follows:
| Resolution | Votes For* | % | Votes Against | % | Total | % of ISC | Votes** Withheld
| |
| 1 | To receive the report and accounts | 1,689,235,464 | 99.99
| 211,277 | 0.01 | 1,689,446,741 | 88.09 | 7,048,873 |
| 2 | To approve the directors' remuneration report | 1,614,504,252 | 95.18 | 81,679,292 | 4.82 | 1,696,183,544 | 88.44 | 312,340 |
| 3 | To declare the final dividend | 1,696,278,475 | 100.00 | 30,031 | 0.00 | 1,696,308,506 | 88.44 | 187,378 |
| 4 | To re-elect Claudia Arney as a director | 1,656,558,978 | 97.92 | 35,123,372 | 2.08 | 1,691,682,350 | 88.20 | 4,813,534 |
| 5 | To re-elect Bernard Bot as a director | 1,684,181,983 | 99.30 | 11,798,706 | 0.70 | 1,695,980,689 | 88.43 | 515,195 |
| 6 | To re-elect Catherine Bradley as a director | 1,622,679,245 | 95.92 | 69,001,623 | 4.08 | 1,691,680,868 | 88.20 | 4,815,016 |
| 7 | To re-elect Jeff Carr as a director | 1,660,961,971 | 97.93 | 35,119,486 | 2.07 | 1,696,081,457 | 88.43 | 414,357 |
| 8 | To re-elect Andrew Cosslett as a director | 1,620,422,053 | 95.54 | 75,639,697 | 4.46 | 1,696,061,750 | 88.43 | 434,134 |
| 9 | To re-elect Thierry Garnier as a director | 1,693,376,965 | 99.83 | 2,818,316 | 0.17 | 1,696,195,281 | 88.44 | 300,603 |
| 10 | To re-elect Sophie Gasperment as a director | 1,657,112,628 | 97.70 | 39,020,561 | 2.30 | 1,696,133,189 | 88.43 | 362,695 |
| 11 | To re-elect Rakhi Goss-Custard as a director | 1,656,830,189 | 97.94 | 34,928,606 | 2.06 | 1,691,758,795 | 88.21 | 4,737,089 |
| 12 | To re-elect Bill Lennie as a director | 1,663,398,732 | 98.07 | 32,746,792 | 1.93 | 1,696,145,524 | 88.44 | 350,360 |
| 13 | To re-appoint Deloitte LLP as auditor | 1,439,252,200 | 98.41 | 23,236,201 | 1.59 | 1,462,488,401 | 76.25 | 234,002,871 |
| 14 | To authorise the Audit Committee to agree the auditor's remuneration | 1,683,371,573 | 99.24 | 12,860,202 | 0.76 | 1,696,231,775 | 88.44 | 263,680 |
| 15 | To authorise the Company and its subsidiaries to make political donations | 1,454,341,863 | 99.44 | 8,155,429 | 0.56 | 1,462,497,292 | 76.25 | 233,997,728 |
| 16 | To authorise the directors to allot shares | 1,386,726,658 | 81.96 | 305,141,015 | 18.04 | 1,691,867,673 | 88.21 | 4,622,796 |
| 17 | To approve the Kingfisher Sharesave Plan | 1,662,650,557 | 98.02 | 33,576,894 | 1.98 | 1,696,227,451 | 88.44 | 268,433 |
| 18 | To disapply pre-emption rights | 1,364,697,849 | 80.47 | 331,310,299 | 19.53 | 1,696,008,148 | 88.43 | 487,736 |
| 19 | To disapply pre-emption rights for an additional ten percent | 1,328,428,580 | 78.46 | 364,646,723 | 21.54 | 1,693,075,303 | 88.28 | 3,420,581 |
| 20 | To authorise the company to purchase its own shares | 1,688,462,121 | 99.60 | 6,703,836 | 0.40 | 1,695,165,957 | 88.38 | 1,325,246 |
| 21 | To authorise the Company to call a general meeting other than an annual general meeting on not less than 14 clear days' notice | 1,589,660,432 | 93.72 | 106,600,683 | 6.28 | 1,696,261,115 | 88.44 | 234,769 |
The Board notes that there were 21.54% of votes cast against Resolution 19 (Authority to disapply pre-emption rights for an additional ten percent). The Board understands that some shareholders are not supportive of these authorities as a matter of general policy.
The Company will continue to consult and engage with shareholders to better understand the reasons behind these votes and will publish an update of its shareholder engagement within 6 months of today's AGM.
NOTES
* Includes discretionary votes
** A vote withheld is not a vote in law and, therefore cannot be counted in the calculation of the proportion of
votes for and against a resolution.
The number of ordinary shares in issue on Friday 23 June 2023, was 1,917,945,451.
A copy of the poll results for the Annual General Meeting will shortly be available at www.kingfisher.com.
In accordance with Listing Rule 9.6.2, copies of the special resolutions passed will be submitted to the National Storage Mechanism and will shortly be available at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
CONTACT
For further information, please contact:
|
Investor Relations | Tel: +44 (0) 20 7644 1082 | Email: |
| Media Relations | +44 (0) 20 7644 1030 | |
| Teneo | +44 (0) 20 7420 3184 |
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