RIGHTS AND ISSUES INVESTMENT TRUST PLC
("the Company")
LEI: 2138002AWAM93Z6BP574
RESULT OF ANNUAL GENERAL MEETING
Rights and Issues Investment Trust plc announces that at the Annual General Meeting of the Company duly convened and held today, 27 March 2024, all Resolutions put to shareholders were passed by a show of hands.
The full text of each resolution can be found in the Annual Report and Accounts for the year ended 31 December 2023, which is available at www.jupiteram.com/ uk/en/individual/rights-and-issues-investment-trust-plc
In accordance with listing rule 9.6.2 a copy of the resolutions has been submitted to the National Storage Mechanism, and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Proxy votes received in favour of the resolutions were as follows:
| | Votes for | % | Votes against | % | Votes withheld |
| Resolution 1 | 1,345,099 | 99.4 | 8,144 | 0.6 | 0 |
| Resolution 2 | 996,314 | 73.8 | 353,127 | 26.2 | 3,802 |
| Resolution 3 | 1,345,516 | 99.4 | 7,727 | 0.6 | 0 |
| Resolution 4 | 1,256,751 | 92.9 | 96,492 | 7.1 | 0 |
| Resolution 5 | 1,004,746 | 74.3 | 348,217 | 25.7 | 280 |
| Resolution 6 | 1,227,017 | 90.7 | 126,226 | 9.3 | 0 |
| Resolution 7 | 1,328,824 | 98.2 | 24,419 | 1.8 | 0 |
| Resolution 8 | 1,344,849 | 99.4 | 7,977 | 0.6 | 417 |
| Resolution 9 | 1,345,099 | 99.4 | 8,144 | 0.6 | 0 |
| Resolution 10 | 1,335,803 | 98.9 | 15,200 | 1.1 | 2,240 |
Resolution 2, the approval of the Directors' Remuneration Policy, and resolution 5, the re-election of Mr Simon Knott, received less than 80% of the votes cast in favour. The Board understands that the vote against resolution 2 relates to the ex gratia payment made to Dr David Bramwell, the former Chairman, in recognition of his long service with the Company and his contribution as Chair. The Board understands that the vote against resolution 5 relates to concerns over Mr Knott's independence, having formerly been the CEO of the Company, and his membership of the Audit, Risk and Compliance and Remuneration and Nominations Committee.
The Board proposes to consult with shareholders to address any concerns that have influenced their voting. A statement detailing the outcome of the Company's consultation with its shareholders, including the views received from shareholders and any actions taken as a result, will be published by the Company by no later than 26 September 2024 in accordance with the UK Corporate Governance Code and the AIC Code of Corporate Governance.
Details of the proxy voting will also shortly be available on the Company's website at: www.jupiteram.com/ uk/en/individual/rights-and-issues-investment-trust-plc
For further information please contact:
Apex Fund Administration Services (UK) Limited
Email: cosec@maitlandgroup.com
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