RESULT OF AGM
RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING
Thursday 7 May 2026
Standard Chartered PLC (the 'Company') announces the result of voting on the resolutions at its Annual General Meeting ('AGM') held on Thursday 7 May 2026, as set out in the Notice of AGM.
A poll was held on each of the resolutions and was passed by the required majority. Resolutions 1 to 19 (inclusive) were passed as ordinary resolutions. Resolutions 20 to 25 (inclusive) were passed as special resolutions. The results of the poll were as follows:
|
Resolution |
Votes For |
% |
Votes Against |
% |
Votes Withheld |
Total Votes |
% of ISC voted |
|
1. To receive the Company's annual report and accounts for the financial year ended 31 December 2025 together with the reports of the directors and auditors. |
1,782,226,057 |
100.00% |
26,666 |
0.00% |
4,541,760 |
1,782,252,723 |
80.44% |
|
2. To declare a final dividend of 49 US cents per ordinary share for the year ended 31 December 2025. |
1,786,639,795 |
100.00% |
33,654 |
0.00% |
121,034 |
1,786,673,449 |
80.64% |
|
3. To approve the annual report on directors' remuneration contained in the Directors' Remuneration Report for the year ended 31 December 2025 as set out on pages 180 to 206 of the 2025 annual report and accounts. |
1,765,430,199 |
98.83% |
20,869,152 |
1.17% |
495,132 |
1,786,299,351 |
80.63% |
|
4. To re-elect Shirish Apte as an independent non-executive director. |
1,772,445,387 |
99.23% |
13,784,610 |
0.77% |
564,486 |
1,786,229,997 |
80.62% |
|
5. To re-elect Jackie Hunt as an independent non-executive director. |
1,781,643,353 |
99.74% |
4,597,577 |
0.26% |
553,553 |
1,786,240,930 |
80.62% |
|
6. To re-elect Diane Jurgens as an independent non-executive director. |
1,783,255,594 |
99.84% |
2,841,914 |
0.16% |
596,975 |
1,786,097,508 |
80.62% |
|
7. To re-elect Robin Lawther, CBE as an independent non-executive director. |
1,783,364,902 |
99.84% |
2,873,219 |
0.16% |
456,362 |
1,786,238,121 |
80.62% |
|
8. To re-elect Lincoln Leong as an independent non-executive director. |
1,783,416,628 |
99.84% |
2,843,071 |
0.16% |
534,784 |
1,786,259,699 |
80.62% |
|
9. To re-elect Maria Ramos as Group Chair. |
1,780,603,305 |
99.66% |
5,995,088 |
0.34% |
196,090 |
1,786,598,393 |
80.64% |
|
10. To re-elect Phil Rivett as an independent non-executive director. |
1,783,372,545 |
99.84% |
2,879,948 |
0.16% |
541,990 |
1,786,252,493 |
80.62% |
|
11. To re-elect David Tang as an independent non-executive director. |
1,783,393,818 |
99.84% |
2,858,132 |
0.16% |
542,533 |
1,786,251,950 |
80.62% |
|
12. To re-elect Bill Winters, CBE as an executive director. |
1,783,310,734 |
99.84% |
2,907,490 |
0.16% |
576,259 |
1,786,218,224 |
80.62% |
|
13. To re-elect Dr Linda Yueh, CBE as an independent non-executive director. |
1,781,909,709 |
99.76% |
4,353,806 |
0.24% |
530,968 |
1,786,263,515 |
80.62% |
|
14. To re-appoint Ernst & Young LLP (EY) as auditor to the Company from the end of the AGM until the end of next year's AGM. |
1,784,095,746 |
99.88% |
2,226,805 |
0.12% |
471,932 |
1,786,322,551 |
80.63% |
|
15. To authorise the Audit Committee, acting for and on behalf of the Board, to set the remuneration of the auditor. |
1,785,000,065 |
99.93% |
1,307,129 |
0.07% |
487,289 |
1,786,307,194 |
80.63% |
|
16. To authorise the Company and its subsidiaries to make political donations and incur political expenditure within the limits prescribed in the resolution. |
1,759,365,883 |
98.49% |
26,994,777 |
1.51% |
433,823 |
1,786,360,660 |
80.63% |
|
17. To authorise the Board to allot ordinary shares. |
1,707,772,641 |
95.76% |
75,611,896 |
4.24% |
3,409,946 |
1,783,384,537 |
80.49% |
|
18. To extend the authority to allot ordinary shares granted pursuant to resolution 17 by such number of shares repurchased by the Company under the authority granted pursuant to resolution 23. |
1,736,123,130 |
97.30% |
48,122,859 |
2.70% |
2,548,494 |
1,784,245,989 |
80.53% |
|
19. To authorise the Board to allot shares in relation to any issues by the Company of Equity Convertible Additional Tier 1 Securities. |
1,781,369,714 |
99.73% |
4,838,285 |
0.27% |
586,484 |
1,786,207,999 |
80.62% |
|
20. To authorise the Board to disapply pre-emption rights in relation to the authority granted pursuant to resolution 17. |
1,761,391,214 |
98.61% |
24,774,331 |
1.39% |
628,635 |
1,786,165,545 |
80.62% |
|
21. In addition to the authority granted pursuant to resolution 20, to authorise the Board to disapply pre-emption rights in relation to the authority granted pursuant to resolution 17 for the purposes of acquisitions and other capital investments. |
1,763,357,830 |
98.72% |
22,794,294 |
1.28% |
642,359 |
1,786,152,124 |
80.62% |
|
22. In addition to the authorities granted pursuant to resolutions 20 and 21, to authorise the Board to disapply pre-emption rights in relation to the authority granted, in respect of Equity Convertible Additional Tier 1 Securities, pursuant to resolution 19. |
1,777,969,399 |
99.54% |
8,176,180 |
0.46% |
648,904 |
1,786,145,579 |
80.62% |
|
23. To authorise the Company to make market purchases of its own ordinary shares. |
1,784,376,189 |
99.93% |
1,337,526 |
0.07% |
1,080,768 |
1,785,713,715 |
80.60% |
|
24. To authorise the Company to make market purchases of its own preference shares. |
1,772,405,615 |
99.27% |
12,952,178 |
0.73% |
1,436,690 |
1,785,357,793 |
80.58% |
|
25. To enable the Company to call a general meeting other than an Annual General Meeting on not less than 14 clear days' notice. |
1,717,775,529 |
96.17% |
68,472,355 |
3.83% |
546,599 |
1,786,247,884 |
80.62% |
The full text of the resolutions, along with the explanatory notes, is contained in the Notice of AGM, which is available on the Company's website at www.sc.com/agm.
As at 10pm UK time on 5 May 2026 or, in respect of the Company's branch register of members in Hong Kong, 5am Hong Kong time on 6 May 2026, the number of issued ordinary shares of the Company (excluding any shares that had been bought back by the Company and were pending cancellation) was 2,215,543,879 (none of which was in treasury) which was the total number of shares entitling the holders to attend and vote for or against all resolutions. In accordance with the Company's Articles of Association, on a poll every member had one vote for every share held. Votes withheld are not votes in law and have not been counted in the calculation of the proportion of votes 'for' or 'against' a resolution. Proxy appointments which gave discretion to the Group Chair have been included in the 'for' total for resolutions 1 to 25. There was no share entitling the holder to attend and abstain from voting in favour of any of the resolutions as set out in Rule 13.40 of the Hong Kong Listing Rules.
There were no restrictions on any shareholders casting votes on any of the resolutions proposed at the AGM, save for AGM resolution 17. As stated in the Notice of AGM, the executive director, the Group Chair and their respective associates were required to abstain, and have abstained, from resolution 17 which affected a total of 3,310,164 voting rights. The scrutineer of the poll on all resolutions was Computershare Investor Services PLC, the Company's Share Registrar. All Directors attended the AGM.
Copies of resolutions put to shareholders at the AGM today will be submitted to the Financial Conduct Authority ('FCA'), and will shortly be available for inspection at the FCA's National Storage Mechanism, which can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information, please contact:
Shaun Gamble
Executive Director, Group Media Relations
1 Basinghall Avenue
London
EC2V 5DD
+44 (0) 7766 443 662
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