Centrica plc
(the Company)
2022 Annual General Meeting - Poll Results
Centrica plc's 2022 Annual General Meeting (AGM) was held at Leicester Marriott Hotel, Smith Way, Grove Park, Enderby, Leicester, LE19 1SW on Tuesday, 7 June 2022 at 10.00am. All resolutions proposed at the AGM were decided on a poll and were passed. The results are set out below:
|
Resolution |
For* |
% |
Against |
% |
Total votes cast |
% Issued Capital** |
Withheld*** |
|
|
1 |
To receive the Company's Annual Report and Accounts for the year ended 31 December 2021 |
3,748,873,410 |
99.96 |
1,393,293 |
0.04 |
3,750,266,703 |
63.48% |
3,224,475 |
|
2 |
To approve the Directors' Annual Remuneration Report for the year ended 31 December 2021 |
3,628,823,825 |
96.71 |
123,420,614 |
3.29 |
3,752,244,439 |
63.52% |
1,247,419 |
|
3 |
To approve the Directors' Remuneration Policy |
3,132,342,144 |
83.48 |
619,903,528 |
16.52 |
3,752,245,672 |
63.52% |
1,275,033 |
|
4 |
To authorise the Directors to continue to operate the Centrica Share Incentive Plan |
3,733,854,529 |
99.50 |
18,741,666 |
0.50 |
3,752,596,195 |
63.52% |
886,311 |
|
5 |
To renew the Long Term Incentive Plan (LTIP) until the tenth anniversary of the 2022 AGM |
3,518,297,025 |
93.76 |
234,045,914 |
6.24 |
3,752,342,939 |
63.52% |
1,101,800 |
|
6 |
To elect Nathan Bostock as a Director |
3,749,828,536 |
99.93 |
2,520,631 |
0.07 |
3,752,349,167 |
63.52% |
1,131,003 |
|
7 |
To elect Rt Hon. Amber Rudd as a Director |
3,747,707,860 |
99.87 |
5,001,627 |
0.13 |
3,752,709,487 |
63.52% |
807,013 |
|
8 |
To re-elect Carol Arrowsmith as a Director |
3,504,924,474 |
93.41 |
247,439,397 |
6.59 |
3,752,363,871 |
63.52% |
1,082,852 |
|
9 |
To re-elect Heidi Mottram as a Director |
3,639,217,060 |
96.98 |
113,144,047 |
3.02 |
3,752,361,107 |
63.52% |
1,086,606 |
|
10 |
To re-elect Kevin O'Byrne as a Director |
3,639,392,012 |
96.99 |
112,958,976 |
3.01 |
3,752,350,988 |
63.52% |
1,150,310 |
|
11 |
To re-elect Chris O'Shea as a Director |
3,737,480,476 |
99.60 |
15,085,353 |
0.40 |
3,752,565,829 |
63.52% |
954,718 |
|
12 |
To re-elect Kate Ringrose as a Director |
3,695,971,007 |
98.49 |
56,625,668 |
1.51 |
3,752,596,675 |
63.52% |
892,577 |
|
13 |
To re-elect Scott Wheway as a Director |
3,492,352,013 |
93.07 |
260,080,108 |
6.93 |
3,752,432,121 |
63.52% |
1,059,627 |
|
14 |
To re-appoint Deloitte LLP as the Company's Auditors |
3,736,483,998 |
99.93 |
2,489,075 |
0.07 |
3,738,973,073 |
63.29% |
14,473,785 |
|
15 |
To authorise the Directors to determine the Auditors' remuneration |
3,750,354,113 |
99.93 |
2,494,796 |
0.07 |
3,752,848,909 |
63.53% |
592,023 |
|
16 |
Authority for political donations and political expenditure in the UK |
3,639,562,890 |
97.35 |
99,023,977 |
2.65 |
3,738,586,867 |
63.28% |
14,856,336 |
|
17 |
To approve Centrica plc's Climate Transition Plan |
2,955,099,466 |
79.96 |
740,449,332 |
20.04 |
3,695,548,798 |
62.56% |
57,872,166 |
|
18 |
Authority to allot shares |
3,571,390,056 |
95.17 |
181,157,294 |
4.83 |
3,752,547,350 |
63.52% |
866,487 |
|
19 |
Authority to disapply pre-emption rights**** |
3,701,444,271 |
98.65 |
50,761,177 |
1.35 |
3,752,205,448 |
63.52% |
1,203,282 |
|
20 |
Additional authority to disapply pre-emption rights**** |
3,656,379,785 |
97.45 |
95,838,181 |
2.55 |
3,752,217,966 |
63.52% |
1,231,774 |
|
21 |
Authority to purchase own shares**** |
3,725,840,713 |
99.55 |
16,844,631 |
0.45 |
3,742,685,344 |
63.35% |
10,778,430 |
|
22 |
Notice of general meetings**** |
3,577,472,208 |
95.33 |
175,333,135 |
4.67 |
3,752,805,343 |
63.53% |
634,817 |
Notes to the disclosure:
* Includes discretionary votes received
** The total number of ordinary shares of of 614/81 pence in issue was 5,907,541,623. Shareholders are entitled to one vote per share
*** A 'Vote withheld' is not a vote in law and is not counted towards the proportion of votes 'For' or 'Against' a resolution
**** Special resolutions
We note that Resolution 17, on approving our Climate Transition Plan, was supported by the overwhelming majority of shareholders (79.96%). However, we recognise that some shareholders (20.04%) chose not to support this resolution.
Achieving Net Zero by 2045 and helping our customers achieve Net Zero by 2050 is vitally important to us and we will continue to engage with shareholders on our Climate Transition Plan so as to ensure their views are fully understood. We will publish an update on this engagement in accordance with the UK Corporate Governance Code.
Copies of our announcements are available on our website: centrica.com/investors/rns-tools/rns-announcements
In accordance with Listing Rule 9.6.2, copies of the resolutions passed as special business have been submitted to the FCA and will shortly be available for inspection at the National Storage Mechanism document viewing facility at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
James Dickinson
Head of Secretariat, Centrica plc
01753 494000
Centrica plc is listed on the London Stock Exchange (CNA)
Registered Office: Millstream, Maidenhead Road, Windsor, Berkshire SL4 5GD
Registered in England & Wales number: 3033654
Legal Entity Identifier number: E26EDV109X6EEPBKVH76
ISIN number: GB00B033F229
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