4 May 2023
AIB GROUP PLC (the "Company")
RESULTS OF ANNUAL GENERAL MEETING 2023
The Company announces that at its Annual General Meeting ("AGM"), held today at 10 Molesworth Street, Dublin 2, all of the resolutions proposed were duly passed on a poll.
Resolutions 1 to 8 (inclusive) were passed as ordinary resolutions and resolutions 9 to 13 (inclusive) were passed as special resolutions.
The full text of each resolution, together with explanatory notes, are set out in the Notice of AGM which was circulated to Shareholders on 31 March 2023 and made available on the Company's website at www.aib.ie/investorrelations.
The results of the voting on the resolutions are as follows:
|
Resolution |
Votes For |
% |
Votes Against |
% |
Total Votes Cast |
Votes Withheld |
|
|
1 |
To receive and consider the financial statements for the year together with the reports of the Directors and the Auditor thereon |
2,281,784,390 |
100.00% |
140 |
0.00% |
2,281,784,530 |
5,778,004 |
|
2 |
To declare a final dividend of 6.2 euro cents per share payable on 12 May 2023 |
2,285,254,504 |
100.00% |
12,107 |
0.00% |
2,285,266,611 |
2,295,923 |
|
3 |
To authorise the Directors to fix the remuneration of the Auditor |
2,285,088,844 |
99.99% |
175,125 |
0.01% |
2,285,263,969 |
2,298,565 |
|
4 |
To approve the appointment of PricewaterhouseCoopers as Auditor of the Company |
2,284,851,228 |
99.98% |
414,860 |
0.02% |
2,285,266,088 |
2,296,442 |
|
5 |
To re-appoint the following Directors: |
|
|
|
|
|
|
|
(a) |
Anik Chaumartin |
2,284,734,722 |
99.98% |
529,400 |
0.02% |
2,285,264,122 |
2,298,296 |
|
(b) |
Donal Galvin |
2,282,391,440 |
99.87% |
2,873,198 |
0.13% |
2,285,264,638 |
2,297,789 |
|
(c) |
Basil Geoghegan |
2,283,212,064 |
99.91% |
2,052,592 |
0.09% |
2,285,264,656 |
2,297,771 |
|
(d) |
Tanya Horgan |
2,284,731,690 |
99.98% |
532,949 |
0.02% |
2,285,264,639 |
2,297,788 |
|
(e) |
Colin Hunt |
2,285,262,390 |
100.00% |
2,178 |
0.00% |
2,285,264,568 |
2,297,966 |
|
(f) |
Sandy Kinney Pritchard |
2,284,896,712 |
99.98% |
367,999 |
0.02% |
2,285,264,711 |
2,297,823 |
|
(g) |
Elaine MacLean |
2,282,408,099 |
99.87% |
2,856,614 |
0.13% |
2,285,264,713 |
2,297,821 |
|
(h) |
Andy Maguire |
2,284,729,753 |
99.98% |
534,895 |
0.02% |
2,285,264,648 |
2,297,885 |
|
(i) |
Brendan McDonagh |
2,283,506,205 |
99.92% |
1,758,553 |
0.08% |
2,285,264,758 |
2,297,776 |
|
(j) |
Helen Normoyle |
2,281,461,762 |
99.92% |
1,752,771 |
0.08% |
2,283,214,533 |
4,348,001 |
|
(k) |
Ann O'Brien |
2,282,686,341 |
99.89% |
2,578,421 |
0.11% |
2,285,264,762 |
2,297,772 |
|
(l) |
Fergal O'Dwyer |
2,285,255,417 |
100.00% |
9,296 |
0.00% |
2,285,264,713 |
2,297,821 |
|
(m) |
Jim Pettigrew |
2,267,205,134 |
99.21% |
18,059,577 |
0.79% |
2,285,264,711 |
2,297,823 |
|
(n) |
Jan Sijbrand |
2,284,733,018 |
99.98% |
531,688 |
0.02% |
2,285,264,706 |
2,297,828 |
|
(o) |
Raj Singh |
2,284,730,048 |
99.98% |
534,653 |
0.02% |
2,285,264,701 |
2,297,832 |
|
6 |
To consider the Directors' Remuneration Report |
2,271,366,683 |
99.48% |
11,950,352 |
0.52% |
2,283,317,035 |
4,245,498 |
|
7 |
To consider the Remuneration Policy |
2,263,802,719 |
99.06% |
21,461,663 |
0.94% |
2,285,264,382 |
2,298,151 |
|
8 |
To authorise the Directors to allot relevant securities |
2,255,583,338 |
98.70% |
29,681,185 |
1.30% |
2,285,264,523 |
2,298,011 |
|
9(a) |
Limited authorisation for the Directors to disapply pre-emption rights |
2,284,249,080 |
99.96% |
1,015,491 |
0.04% |
2,285,264,571 |
2,297,963 |
|
9(b) |
Limited authorisation for the Directors to disapply pre-emption rights for an acquisition or specified capital event |
2,272,783,287 |
99.45% |
12,483,011 |
0.55% |
2,285,266,298 |
2,296,216 |
|
10 |
To authorise the purchase by the Company of its own shares |
2,282,414,638 |
99.88% |
2,787,775 |
0.12% |
2,285,202,413 |
2,360,121 |
|
11 |
To determine the re-issue price range at which any treasury shares held may be re-issued off-market |
2,285,147,471 |
99.99% |
118,896 |
0.01% |
2,285,266,367 |
2,296,149 |
|
12 |
To authorise the Directors to convene general meetings on 14 days' notice |
2,255,605,846 |
98.70% |
29,657,257 |
1.30% |
2,285,263,103 |
2,299,431 |
|
13 |
To approve the terms of the Directed Buyback Contract with the Minister for Finance and authorise the making of off-market purchases of ordinary shares |
888,749,252 |
99.75% |
2,232,377 |
0.25% |
890,981,629 |
1,396,580,905 |
In accordance with Listing Rule 6.1.11 of Euronext Dublin and Listing Rule 9.2.2E of the Financial Conduct Authority, resolutions 5 a), c), d), f), g), h), i), j), k), l), n), and o) relating to the election or re-election of the independent non-executive Directors, were passed by majority of each of:
- the shareholders of the Company, and
- the independent shareholders of the Company (that is, the shareholders of the Company entitled to vote on the election of Directors who are not controlling shareholders[1]).
Votes cast by shareholders excluding the controlling shareholder are shown below.
|
Resolution |
Votes For |
% |
Votes Against |
% |
Total Votes Cast |
Votes Withheld |
|
|
5 |
To re-appoint the following Directors: |
|
|
|
|
|
|
|
(a) |
Anik Chaumartin |
893,513,760 |
99.94% |
529,400 |
0.06% |
894,043,160 |
2,298,296 |
|
(c) |
Basil Geoghegan |
891,991,102 |
99.77% |
2,052,592 |
0.23% |
894,043,694 |
2,297,771 |
|
(d) |
Tanya Horgan |
893,510,728 |
99.94% |
532,949 |
0.06% |
894,043,677 |
2,297,788 |
|
(f) |
Sandy Kinney Pritchard |
893,675,750 |
99.96% |
367,999 |
0.04% |
894,043,749 |
2,297,823 |
|
(g) |
Elaine MacLean |
891,187,137 |
99.68% |
2,856,614 |
0.32% |
894,043,751 |
2,297,821 |
|
(h) |
Andy Maguire |
893,508,791 |
99.94% |
534,895 |
0.06% |
894,043,686 |
2,297,885 |
|
(i) |
Brendan McDonagh |
892,285,243 |
99.80% |
1,758,553 |
0.20% |
894,043,796 |
2,297,776 |
|
(j) |
Helen Normoyle |
890,240,800 |
99.80% |
1,752,771 |
0.20% |
891,993,571 |
4,348,001 |
|
(k) |
Ann O'Brien |
891,465,379 |
99.71% |
2,578,421 |
0.29% |
894,043,800 |
2,297,772 |
|
(l) |
Fergal O'Dwyer |
894,034,455 |
100.00% |
9,296 |
0.00% |
894,043,751 |
2,297,821 |
|
(n) |
Jan Sijbrand |
893,512,056 |
99.94% |
531,688 |
0.06% |
894,043,744 |
2,297,828 |
|
(o) |
Raj Singh |
893,509,086 |
99.94% |
534,653 |
0.06% |
894,043,739 |
2,297,832 |
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" a resolution.
2. The total number of ordinary shares in issue as at Sunday, 30 April 2023 was 2,618,753,655.
3. The total number of ordinary shares held by shareholders excluding the controlling shareholder on Sunday, 30 April 2023 was 1,227,532,693.
In accordance with Listing Rule 6.1.60 of Euronext Dublin and Listing Rule 9.6.2 of the Financial Conduct Authority, copies of all resolutions, other than those concerning ordinary business, passed at the AGM today have been submitted to Euronext Dublin and the UK National Storage Mechanism and will be shortly available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
-ENDS-
Contact details:
|
Conor Gouldson |
Niamh Hore |
Paddy McDonnell |
|
Group Company Secretary |
Head of Investor Relations |
Head of Media Relations |
|
AIB Molesworth Street |
AIB Molesworth Street |
AIB Molesworth Street |
|
Dublin 2 |
Dublin 2 |
Dublin 2 |
|
Tel: +353-1-7720030 |
Tel: +353-1-6411817 |
Tel: +353-87-7390743 |
|
email: conor.w.gouldson@aib.ie |
email: niamh.a.hore@aib.ie |
email: paddy.x.mcdonnell@aib.ie |
[1] Controlling shareholder: shareholder(s) that exercise or control more than 30% of the voting rights of the Company.
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