NatWest Group plc - Result of Annual General Meeting
23 April 2024
Following the Annual General Meeting held today at Gogarburn, Edinburgh EH12 1HQ, NatWest Group plc (the "Company") announces the results of the poll vote for each resolution as follows. Resolutions 17, 18, 20, 21, 23 to 26 were passed as special resolutions.
|
|
VOTES
FOR
|
%
|
VOTES
AGAINST
|
%
|
% of ISC VOTED
|
VOTES
WITHHELD
|
|
Resolution 1
To receive the 2023 Report and Accounts
|
29,210,437,504
|
99.98
|
4,975,512
|
0.02
|
83.70%
|
51,658,784
|
|
Resolution 2
To approve the Annual remuneration report in the Directors' remuneration report
|
28,625,951,928
|
97.83
|
635,893,952
|
2.17
|
83.83%
|
5,220,112
|
|
Resolution 3
To declare a final dividend of 11.5 pence per ordinary share
|
29,264,437,176
|
100.00
|
1,045,544
|
0.00
|
83.84%
|
1,620,504
|
|
Resolution 4
To elect Rick Haythornthwaite as a Director
|
27,997,054,948
|
97.63
|
679,292,996
|
2.37
|
82.16%
|
590,726,920
|
|
Resolution 5
To elect Paul Thwaite as a Director
|
29,257,599,956
|
99.98
|
6,060,760
|
0.02
|
83.84%
|
3,414,148
|
|
Resolution 6
To re-elect Katie Murray as a Director
|
29,172,476,904
|
99.69
|
90,441,148
|
0.31
|
83.84%
|
4,193,804
|
|
Resolution 7
To re-elect Frank Dangeard as a Director
|
29,247,102,944
|
99.95
|
14,196,092
|
0.05
|
83.83%
|
5,770,792
|
|
Resolution 8
To re-elect Roisin Donnelly as a Director
|
29,251,352,476
|
99.97
|
9,791,272
|
0.03
|
83.83%
|
5,930,384
|
|
Resolution 9
To re-elect Patrick Flynn as a Director
|
29,042,286,092
|
99.25
|
219,010,844
|
0.75
|
83.83%
|
5,821,612
|
|
Resolution 10
To re-elect Yasmin Jetha as a Director
|
29,251,355,280
|
99.97
|
10,189,028
|
0.03
|
83.83%
|
5,536,892
|
|
Resolution 11
To re-elect Stuart Lewis as a Director
|
29,042,582,232
|
99.25
|
218,479,592
|
0.75
|
83.83%
|
5,657,820
|
|
Resolution 12
To re-elect Mark Seligman as a Director
|
28,517,669,920
|
99.17
|
238,643,360
|
0.83
|
82.39%
|
510,393,532
|
|
Resolution 13
To re-elect Lena Wilson as a Director
|
29,030,519,980
|
99.21
|
230,502,248
|
0.79
|
83.83%
|
5,691,160
|
|
Resolution 14
To re-appoint Ernst & Young LLP as auditors of the Company
|
29,015,048,532
|
99.15
|
248,175,084
|
0.85
|
83.84%
|
3,849,180
|
|
Resolution 15
To authorise the Group Audit Committee to fix the remuneration of the auditors
|
29,251,567,580
|
99.96
|
12,586,148
|
0.04
|
83.84%
|
2,963,100
|
|
Resolution 16
To renew the directors' authority to allot shares in the Company
|
28,402,969,412
|
97.06
|
860,078,580
|
2.94
|
83.84%
|
4,071,244
|
|
Resolution 17
To renew the directors' authority to allot equity securities on a non pre-emptive basis in connection with an offer or issue of equity securities
|
28,775,192,108
|
98.53
|
430,158,676
|
1.47
|
83.67%
|
61,765,288
|
|
Resolution 18
To renew the directors' authority to allot equity securities on a non pre-emptive basis in connection with the
financing of a transaction
|
28,505,554,628
|
97.60
|
700,935,576
|
2.40
|
83.67%
|
60,632,964
|
|
Resolution 19
To renew the directors' authority to allot ordinary shares or grant rights to subscribe for or to convert any security into ordinary shares in relation to Equity Convertible Notes
|
28,939,748,388
|
98.90
|
322,787,040
|
1.10
|
83.84%
|
4,587,864
|
|
Resolution 20
To renew the directors' authority to allot equity securities on a non pre-emptive basis in connection with Equity Convertible Notes
|
28,938,287,772
|
98.89
|
323,957,484
|
1.11
|
83.83%
|
4,878,716
|
|
Resolution 21
To renew the authority to permit the holding of General Meetings on 14 clear days' notice
|
28,257,966,576
|
96.56
|
1,006,522,400
|
3.44
|
83.84%
|
2,633,708
|
|
Resolution 22
To renew the authority in respect of political donations and expenditure by the Company in terms of sections 366 and 367 of the Companies Act 2006
|
28,957,610,712
|
98.96
|
304,847,536
|
1.04
|
83.84%
|
4,631,144
|
|
Resolution 23
To renew the authority for the Company to purchase its own shares on a recognised investment exchange
|
28,924,669,776
|
98.90
|
321,949,976
|
1.10
|
83.79%
|
20,488,516
|
|
Resolution 24
To amend the Directed Buyback Contract
|
19,023,150,332
|
98.43
|
302,834,256
|
1.57
|
55.37%
|
4,564,528
|
|
Resolution 25
To renew the authority to make off-market purchases of ordinary shares from HM Treasury
|
19,259,293,176
|
99.65
|
68,570,844
|
0.35
|
55.37%
|
2,678,788
|
|
Resolution 26
To authorise the Company to make off-market purchases of preference shares
|
29,169,923,568
|
99.68
|
93,807,084
|
0.32
|
83.84%
|
3,366,220
|
|
Resolution 27
To approve the NatWest Group plc 2024 Employee Share Plan rules
|
28,966,778,080
|
98.99
|
296,392,288
|
1.01
|
83.84%
|
3,877,800
|
|
Resolution 28
To renew the authority to offer shares in lieu of a cash dividend on ordinary shares
|
29,193,181,568
|
99.76
|
71,457,624
|
0.24
|
83.84%
|
2,480,608
|
* A vote Withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" and "Against" a resolution.
In accordance with the UK Listing Authority's listing rules, a copy of the resolutions that do not constitute ordinary business at an annual general meeting will shortly be available for inspection at the National Storage Mechanism which is located at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
A full text of the resolutions can be found in the Notice of Meeting which is available on the Company's website at
www.natwestgroup.com.
As at 19 April 2023 (being the latest date by which shareholders who wanted to vote at the Annual General Meeting must have been
entered on the company's Register of Members) the total number of voting rights in the company was 34,904,718,000.
Contact
Media Relations
+44 (0)131 523 4205
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