FORESIGHT SUST. FORESTRY COMP PLC

AGM Information • Feb 23, 2023

National Storage Mechanism | Additional information

RNS Number : 8999Q

Foresight Sustain. Forestry Co PLC

23 February 2023

23 February 2023

Foresight Sustainable Forestry Company Plc

("FSF" or "the Company")

Results of Annual General Meeting

The board of directors of the Company is pleased to announce that at the Annual General Meeting of the Company held on 23 February 2023, all of the resolutions were passed on a show of hands. The voting was as follows:

Resolution	Votes For (including discretion)	%	Votes Against	%
1 - Receive the annual report for the period to 30 September 2022	82,988,136	88.30	11,000,000	11.70
2 - Approve directors' remuneration policy	106,733,917	99.97	33,522	0.03
3 - Approve the directors' remuneration report	106,730,119	99.97	29,320	0.03
4 - Elect Richard Davidson as a director	106,745,956	100.00	4,670	0.00
5 - Elect Sarika Patel as a director	106,759,956	100.00	4,670	0.00
6 - Elect Christopher Sutton as a director	106,749,502	100.00	5,123	0.00
7 - Elect Josephine Bush as a director	106,759,502	100.00	5,123	0.00
8 - Appointment of external auditor	95,744,105	89.67	11,027,521	10.33
9 - Authorise the directors to fix the auditor's remuneration	106,754,205	99.98	17,421	0.02
10 - Authorise the directors to allot shares	106,754,073	99.98	18,553	0.02
11 - Authorise the directors to allot equity securities	95,192,775	89.16	11,577,851	10.84
12 - Authorise the Company to make market purchase of its own ordinary shares	106,760,339	99.98	16,287	0.02
13 - Permit general meetings to be called on 14 days' notice	106,728,672	99.96	47,947	0.04

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About the Company

Foresight Sustainable Forestry Company Plc ("the Company") is an externally managed investment company investing in a diversified portfolio of UK forestry and afforestation assets. Targeting a net total return of more than CPI +5%, the Company provides investors with the opportunity for real returns and capital appreciation driven by the prevailing global imbalance between supply and demand for timber; the inflation-protection qualities of UK land freeholds; and biological tree growth of 3% to 4% not correlated to financial markets. It also offers outstanding sustainability and ESG attributes and access to carbon units related to carbon sequestration from new afforestation planting. The Company targets value creation as the afforestation projects successfully achieve development milestones in the process of converting open ground into established commercial forest and woodland areas. The Company is seeking to make a direct contribution in the fight against climate change through forestry and afforestation carbon sequestration initiatives and to preserve and proactively enhance natural capital and biodiversity across its portfolio. It is managed by Foresight Group LLP.  https://fsfc.foresightgroup.eu/

For further information, please contact:

Foresight Sustainable Forestry Company Plc Robert Guest Richard Kelly fsfc@foresightgroup.eu	+44 20 3667 8100
Jefferies International Limited Will Soutar	+44 20 7029 8000
Citigate Dewe Rogerson Toby Moore (toby.moore@citigatedewerogerson.com)	+44 7768 981763

This announcement does not constitute, and may not be construed as, an offer to sell or an invitation to purchase investments of any description, or the provision of investment advice by any party. No information set out in this announcement is intended to form the basis of any contract of sale, investment decision or any decision to purchase securities in the Company.

This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "anticipates", "expects", "intends", "may", "will", "targeting" or "should" or, in each case, their negative or other variations or comparable terminology. All statements other than statements of historical facts included in this announcement, including, without limitation, those regarding the Company's financial position, strategy, plans, proposed acquisitions and objectives, are forward-looking statements.

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