NATIONWIDE BUILDING SOCIETY

Declaration of Voting Results & Voting Rights Announcements • Jul 18, 2019

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 0281G

Nationwide Building Society

18 July 2019

18 July 2019

NATIONWIDE BUILDING SOCIETY

The results of the voting at Nationwide Building Society's Annual General Meeting (AGM) held today, Thursday 18 July 2019, at Manchester Central Convention Complex, Manchester, M2 3GX are detailed below.

Ordinary resolutions:

1. To receive the Directors' Report, the Annual Accounts, the Annual Business Statement and the Auditors' Report for the financial year ended 4 April 2019

For: 559,950 (98.84%)            Against: 6,553 (1.16%)             Votes withheld*:  5,040

2. To approve the Directors' Remuneration Report for the financial year ended 4 April 2019

For: 511,752 (91.06%)            Against: 50,240 (8.94%)       Votes withheld*: 9,544

3. To appoint Ernst & Young LLP as Auditors until the end of the next AGM

For: 542,608 (96.55%)            Against: 19,367 (3.45%)       Votes withheld*: 9,577

Election or re-election of Directors

The results of the election or re-election of Directors of Nationwide Building Society are as follows:

Candidate	Votes For	Votes Against	Votes Withheld*
Albert Hitchcock	544,445	17,576	9,515
Rita Clifton	542,191	20,860	8,479
Mai Fyfield	542,060	20,605	8,866
Joe Garner	537,280	24,997	9,224
Kevin Parry	541,311	20,519	9,697
Lynne Peacock	544,448	18,983	8,086
Usha Prashar	539,234	22,977	9,298
Tony Prestedge	538,243	23,109	10,165
Mark Rennison	540,564	21,354	9,605
Chris Rhodes	538,276	22,961	10,294
David Roberts	542,377	20,014	9,123
Tim Tookey	540,060	21,027	10,446
Gunn Waersted	540,648	21,203	9,659

Accordingly, all of the Directors standing for election or re-election were elected or re-elected.

*A 'Vote Withheld' is not a vote in law and will not be and has not been counted in the calculation of the proportion of votes 'For' and 'Against' the resolutions or candidates in the election or re-election of Directors.

Welcoming members to this year's AGM in Manchester, David Roberts, Nationwide's Chairman, said:

"As a member-owned Society, our AGM is an important annual event for us where our members have an equal vote on deciding how the Society is governed and led. We're encouraged by members' strong support for all the Resolutions recommended by the Board. Each resolution passed with over 90% of votes cast in favour.

"The Society is thriving, and succeeding on many different measures. Our membership is at a record high, as was our gross mortgage lending last year, which is predominantly to homebuyers. Our service has been better than our peer group competitors for the last 7 years1. Last year members benefited from £705 million in member financial benefit, the extra value we can offer our members as a building society. We are also financially safe, secure and profitable, fulfilling our core responsibility of being a safe home for our members' finances.

"I would also like to take this opportunity to thank Mitchel Lenson on behalf of the Board for his valuable contribution over the last eight years, as he retires from the Board today."

-Ends-

Media information:

Sara Batchelor, 07785 344137, sara.batchelor@nationwide.co.uk

Eden Black, 07793 596317, eden.black@nationwide.co.uk

1 © Ipsos MORI 2019, Financial Research Survey (FRS), lead held over seven-year period covering 12 months ending 31 March 2013 to 12 months ending 31 March 2019, c.60,000 adults surveyed per annum, proportion of extremely/very satisfied customers minus proportion of extremely/very/fairly dissatisfied customers summed across main current account, mortgage and savings. Peer group defined as providers with main current account market share >4% (Barclays, Halifax, HSBC, Lloyds Bank, NatWest, Santander and TSB). Prior to April 2017, peer group defined as providers with main current account market share >6% (Barclays, Halifax, HSBC, Lloyds Bank (Lloyds TSB prior to April 2015), NatWest and Santander).

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

RAGGGUMUMUPBGCR