24 April 2025
Annual General Meeting
Schroder Asian Total Return Investment Company plc (the "Company") announces that at the Annual General Meeting held today, all 14 resolutions were passed on a poll.
The full text of the resolutions is contained in the Notice of Annual General Meeting set out in the Company's Annual Report and Financial Statements for the year ended 31 December 2024 available on the Company's web pages at www.schroders.co.uk/satric.
The proxy votes received in respect of the resolutions are set out below:
| | Resolution | For | % | Against | % | Withheld | % of issued share capital
|
| Ordinary business | |||||||
| 1 | To receive the Annual Report & Financial Statements | 43,634,009 | 99.91 | 38,465 | 0.09 | 12,060 | 46.70 |
| 2 | To approve the final dividend | 43,673,323 | 99.97 | 11,211 | 0.03 | 0 | 46.71 |
| 3 | To approve the Remuneration Report | 43,521,759 | 99.86 | 58,954 | 0.14 | 103,821 | 46.60 |
| 4 | To elect Marion Sears | 43,117,914 | 98.77 | 534,793 | 1.23 | 31,827 | 46.68 |
| 5 | To re-elect Sarah MacAulay | 42,980,713 | 98.50 | 656,449 | 1.50 | 47,372 | 46.66 |
| 6 | To re-elect Andrew Cainey | 43,111,072 | 98.76 | 541,635 | 1.24 | 31,827 | 46.68 |
| 7 | To re-elect Jasper Judd | 43,111,072 | 98.76 | 541,635 | 1.24 | 31,827 | 46.68 |
| 8 | To re-appoint Ernst & Young LLP as auditor | 43,593,819 | 99.93 | 31,648 | 0.07 | 59,067 | 46.65 |
| 9 | To approve the auditor's remuneration | 43,629,309 | 99.93 | 31,971 | 0.07 | 23,254 | 46.68 |
| Special business | |||||||
| 10 | Continuation vote | 43,634,151 | 99.94 | 27,129 | 0.06 | 23,254 | 46.68 |
| 11 | To renew the authority to allot shares | 43,593,087 | 99.95 | 21,769 | 0.05 | 69,678 | 46.63 |
| 12* | To approve the disapplication of pre-emption rights | 43,594,685 | 99.95 | 22,269 | 0.05 | 67,580 | 46.64 |
| 13* | To renew the authority to purchase own shares | 42,108,840 | 96.52 | 1,517,756 | 3.48 | 57,938 | 46.65 |
| 14* | To allow the Company to hold general meetings on a minimum notice period of 14 clear days | 43,563,434 | 99.84 | 68,549 | 0.16 | 52,551 | 46.65 |
*Resolutions 12, 13 and 14 were passed as special resolutions.
In accordance with UKLR 6.4.2, a copy of the resolutions passed as special business will shortly be submitted to the National Storage Mechanism, and available for inspection at National Storage Mechanism | FCA.
The proxy votes lodged with the Registrar will shortly be available via the Company's web pages at www.schroders.co.uk/satric.
The total number of ordinary shares of 5p each in issue, at the time of the meeting was 109,114,651 of which 15,590,197 were held in treasury. Therefore, the total number of ordinary shares with voting rights was 93,524,454. Shareholders are entitled to one vote per share. Votes withheld are not a vote in law and are therefore not counted in the calculation of the percentages of the votes cast for and against a resolution. Where shareholders appointed the Chair as their proxy with discretion as to voting, their votes were cast in favour of the resolutions and their shares have been included in the "votes for" column.
Enquiries:
Kerry Higgins
Schroder Investment Management Limited
0207 6586189
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