Convatec Group Plc
Results of Annual General Meeting
London, United Kingdom (16 May 2024) - Poll Result
Convatec Group Plc ("Convatec") held its Annual General Meeting today ("AGM"). The results of the poll held in relation to the resolutions proposed at the AGM are set out below
| | For (see note 2) | Against (see note 2) | Votes Total (excluding withheld) | % of ISC Voted | Votes Witheld | |||
| Resolution | No of shares | % | No of Shares | % | | |||
| 1 | To receive the Annual Report and Accounts 2023 | 1,852,466,756 | 100.00% | 353 | 0.00% | 1,852,467,109 | 90.37% | 1,291,713 |
| 2 | To approve the Directors' Remuneration Report | 1,813,185,796 | 98.24% | 32,521,511 | 1.76% | 1,845,707,307 | 90.04% | 8,051,515 |
| 3 | To declare Final Dividend | 1,853,744,153 | 100.00% | 12,049 | 0.00% | 1,853,756,202 | 90.44% | 2,620 |
| 4 | To re-elect Dr John McAdam as a Director | 1,847,283,011 | 99.65% | 6,442,175 | 0.35% | 1,853,725,186 | 90.43% | 33,636 |
| 5 | To re-elect Karim Bitar as a Director | 1,848,145,807 | 99.70% | 5,582,073 | 0.30% | 1,853,727,880 | 90.44% | 30,942 |
| 6 | To re-elect Jonny Mason as a Director | 1,848,076,960 | 99.70% | 5,632,063 | 0.30% | 1,853,709,023 | 90.43% | 49,799 |
| 7 | To re-elect Margaret Ewing as a Director | 1,816,225,341 | 97.98% | 37,483,741 | 2.02% | 1,853,709,082 | 90.43% | 49,740 |
| 8 | To re-elect Brian May as a Director | 1,846,602,408 | 99.62% | 7,118,004 | 0.38% | 1,853,720,412 | 90.43% | 38,410 |
| 9 | To re-elect Professor Constantin Coussios as a Director | 1,846,585,982 | 99.61% | 7,143,987 | 0.39% | 1,853,729,969 | 90.44% | 28,853 |
| 10 | To re-elect Heather Mason as a Director | 1,805,072,326 | 97.38% | 48,629,636 | 2.62% | 1,853,701,962 | 90.43% | 56,860 |
| 11 | To re-elect Kim Lody as a Director | 1,846,589,957 | 99.62% | 7,117,950 | 0.38% | 1,853,707,907 | 90.43% | 50,915 |
| 12 | To re-elect Sharon O'Keefe as a Director | 1,846,493,634 | 99.61% | 7,226,778 | 0.39% | 1,853,720,412 | 90.43% | 38,410 |
| 13 | To re-appoint Deloitte LLP as auditors | 1,851,179,389 | 99.98% | 440,502 | 0.02% | 1,851,619,891 | 90.33% | 2,137,431 |
| 14 | To authorise the Directors to agree the auditors' remuneration | 1,853,715,114 | 100.00% | 19,198 | 0.00% | 1,853,734,312 | 90.44% | 24,510 |
| 15 | To approve an amendment to the Company's LTIP rules to reflect the increased maximum award limit set out for executive directors in the Company's prevailing Directors' Remuneration policy. | 1,837,845,100 | 99.14% | 15,882,668 | 0.86% | 1,853,727,768 | 90.44% | 31,054 |
| 16 | To authorise political donations and political expenditure | 1,836,103,687 | 99.07% | 17,229,247 | 0.93% | 1,853,332,934 | 90.42% | 425,888 |
| 17 | To authorise the Directors to allot shares | 1,710,658,359 | 92.28% | 143,073,563 | 7.72% | 1,853,731,922 | 90.44% | 26,900 |
| 18 | To authorise the Directors to disapply pre-emption rights* | 1,711,441,065 | 92.34% | 142,042,010 | 7.66% | 1,853,483,075 | 90.42% | 275,747 |
|
19
| To authorise the Directors to disapply pre-emption rights in connection with an acquisition or specified capital investment* | 1,664,945,067 | 90.18% | 181,388,202 | 9.82% | 1,846,333,269 | 90.07% | 7,425,553 |
| 20 | To authorise the Directors to make market purchases of own shares* | 1,850,913,656 | 99.88% | 2,233,348 | 0.12% | 1,853,147,004 | 90.41% | 611,818 |
| 21 | To authorise the calling of a general meetings on 14 clear days' notice* | 1,795,351,922 | 96.85% | 58,406,900 | 3.15% | 1,853,758,822 | 90.44% | 0 |
*Special Resolution
NOTES:
1. All resolutions were passed.
2. Votes "For" and "Against" are expressed as a percentage of votes received.
3. A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.
4. Total number of shares in issue is 2,049,789,559 (90.44% of capital was voted).
5. Computershare acted as scrutineer of the poll on all resolutions.
In accordance with Listing Rule 9.6.2, copies of the resolutions that do not constitute ordinary business that were passed at the Annual General Meeting have been submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Enquiries
Ria Banerjee, Group Deputy Company Secretary +44(0)7425 655 845
Cosec@convatec.com
Convatec Group Plc's LEI code is 213800LS272L4FIDOH92
About Convatec
Pioneering trusted medical solutions to improve the lives we touch: Convatec is a global medical products and technologies company, focused on solutions for the management of chronic conditions, with leading positions in advanced wound care, ostomy care, continence care and infusion care. With around 10,000 colleagues, we provide our products and services in almost 100 countries, united by a promise to be forever caring. Our solutions provide a range of benefits, from infection prevention and protection of at-risk skin, to improved patient outcomes and reduced care costs. Group revenues in 2023 were over $2 billion. The company is a constituent of the FTSE 100 Index (LSE: CTEC). To learn more about Convatec, please visit www.convatecgroup.com
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