SPEEDY HIRE PLC

AGM Information • Sep 9, 2021

National Storage Mechanism | Additional information

RNS Number : 3283L

Speedy Hire PLC

09 September 2021

Speedy Hire Plc

9 September 2021

Speedy Hire Plc ("Company")

Resolutions passed at Annual General Meeting - 9 September 2021

At the Annual General Meeting of the Company held on 9 September 2021 at the offices of Addleshaw Goddard LLP at One St Peter's Square, Manchester M2 3DE, all resolutions were passed on a show of hands.

The following is a summary of the Forms of Proxy received prior to the time of the Annual General Meeting by the Registrars, appointing the Chairman of the Annual General Meeting as proxy:

No	Resolution	For*		Against		Withheld**
		No. of Votes	% of Vote	No. of Votes	% of Vote	No. of Votes
1	To receive and adopt the annual accounts for the financial year ended 31 March 2021 together with the reports of the Directors and auditors (ordinary).	417,975,373	99.98%	79,986	0.02%	121,494
2	To approve the Directors' Remuneration Report for the financial year ended 31 March 2021 (ordinary).	299,292,417	78.64%	81,308,422	21.36%	37,576,014
3	To declare a final dividend of 1.40 pence per share in respect of the year ended 31 March 2021 (ordinary).	418,113,853	100.00%	3,000	0.00%	60,000
4	To elect James Bunn as a Director of the Company (ordinary).	418,008,291	99.96%	149,958	0.04%	18,604
5	To elect Shatish Dasani as a Director of the Company (ordinary).	418,063,847	99.98%	94,402	0.02%	18,604
6	To elect Carol Kavanagh as a Director of the Company (ordinary).	417,982,013	99.96%	176,236	0.04%	18,604
7	To re-elect David Shearer as a Director of the Company (ordinary).	397,364,565	95.03%	20,793,684	4.97%	18,604
8	To re-elect Russell Down as a Director of the Company (ordinary).	418,064,534	99.98%	95,567	0.02%	16,752
9	To re-elect David Garman as a Director of the Company (ordinary).	411,054,651	98.30%	7,103,598	1.70%	18,604
10	To re-elect Rob Barclay as a Director of the Company (ordinary).	401,350,024	95.98%	16,823,225	4.02%	3,604
11	To re-elect Rhian Bartlett as a Director of the Company (ordinary).	411,050,622	98.30%	7,093,317	1.70%	32,914
12	To appoint KPMG LLP as Auditors (ordinary).	415,802,912	99.45%	2,304,089	0.55%	69,852
13	To authorise the Directors to determine the remuneration of KPMG LLP (ordinary).	417,871,159	99.93%	283,654	0.07%	22,040
14	To authorise the Directors to allot shares (ordinary).	413,621,478	98.92%	4,504,448	1.08%	50,927
15	To authorise the Directors to allot securities free from pre-emption rights, subject to certain specified limitations (special).	417,955,312	99.96%	183,714	0.04%	37,827
16	To disapply statutory pre-emption rights in relation to acquisitions or other capital investments (special).	412,427,108	98.63%	5,737,073	1.37%	12,672
17	To authorise the Company to make market purchases of its own shares (special).	416,026,923	99.53%	1,960,650	0.47%	189,280
18	To authorise the calling of general meetings on not less than 14 days' notice (special).	417,181,378	99.77%	968,733	0.23%	26,742
19	To permit the Company to make political donations (ordinary).	394,791,553	94.42%	23,352,126	5.58%	33,174

* The votes of any proxy giving the Chairman discretion how to vote have been included in the votes For a resolution.

** A vote withheld is not a vote in law and is not counted in the calculation of percentages of votes cast For and Against a resolution.

N.B. Percentage figures are rounded to 2 decimal places.

The Board notes that, while all of the resolutions at today's Annual General Meeting were passed with the requisite majority, Resolution 2 (Approval of the Remuneration Report) passed with 78.64% of votes in favour.

Following recent engagement on our Remuneration Report with our major shareholders, we would like to thank those who discussed their views with us. FY2021 was an exceptional year due to the Covid-19 pandemic which resulted in some challenging circumstances for the Remuneration Committee to consider. We were reassured that a good majority of shareholders were supportive of the decisions taken. That said, we acknowledge that some shareholders did not agree.

Following the AGM, the Remuneration Committee will continue to engage with our major shareholders to fully understand their concerns. We will publish an update on our engagement within six months of the AGM, in accordance with the UK Corporate Governance Code.

As at the date of the AGM, the number of issued shares of the Company was 528,509,631.

In accordance with Listing Rule 9.6.2, copies of all the resolutions passed as special business at the Annual General Meeting will shortly be available for inspection at the National Storage Mechanism which can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Neil Hunt

Company Secretary

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