Airtel Africa PLC

AGM Information • Jul 4, 2023

National Storage Mechanism | Additional information

RNS Number : 9491E

Airtel Africa PLC

04 July 2023

Airtel Africa plc

("Airtel Africa", or the "Company")

RESULT OF AGM

RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING (AGM)

The Directors of Airtel Africa plc are pleased to announce that at its Annual General Meeting held on Tuesday 4 July 2023 at First Floor, 53/54 Grosvenor Street, London, W1K 3HU, United Kingdom, all the proposed resolutions as set out in the Notice of Annual General Meeting were passed on a poll of votes. The results of the poll for each resolution were as follows:

RESOLUTION	DESCRIPTION	VOTES FOR	% FOR	VOTES AGAINST	% AGAINST	VOTES TOTAL	% of ISC VOTED	VOTES WITHHELD
RESOLUTION 01	ACCOUNTS AND REPORTS	3,427,542,906	100.00%	135,841	0.00%	3,427,678,747	91.21%	1,013,729
RESOLUTION 02	REMUNERATION REPORT	3,195,039,300	97.07%	96,383,217	2.93%	3,291,422,517	87.58%	137,269,959
RESOLUTION 03	REMUNERATION POLICY	2,991,605,194	90.84%	301,651,563	9.16%	3,293,256,757	87.63%	135,435,718
RESOLUTION 04	LONG-TERM INCENTIVE PLAN	2,994,935,988	90.94%	298,433,866	9.06%	3,293,369,854	87.63%	135,322,621
RESOLUTION 05	FINAL DIVIDEND	3,428,021,362	100.00%	135,173	0.00%	3,428,156,535	91.22%	535,941
RESOLUTION 06	RE-ELECT SUNIL B MITTAL	3,289,712,575	96.07%	134,417,714	3.93%	3,424,130,289	91.11%	4,562,186
RESOLUTION 07	RE-ELECT O. OGUNSANYA	3,414,226,784	99.59%	13,904,322	0.41%	3,428,131,106	91.22%	561,370
RESOLUTION 08	RE-ELECT J. PAUL	3,412,898,375	99.56%	15,249,227	0.44%	3,428,147,602	91.22%	544,874
RESOLUTION 09	RE-ELECT A. GREEN	3,391,452,132	98.93%	36,689,649	1.07%	3,428,141,781	91.22%	550,695
RESOLUTION 10	RE-ELECT A. AJUMOGOBIA	3,394,655,268	99.02%	33,492,034	0.98%	3,428,147,302	91.22%	545,174
RESOLUTION 11	RE-ELECT D. BAILLIE	3,364,421,388	98.20%	61,740,494	1.80%	3,426,161,882	91.17%	2,530,594
RESOLUTION 12	RE-ELECT J. DANILOVICH	3,392,124,638	98.95%	36,017,443	1.05%	3,428,142,081	91.22%	550,395
RESOLUTION 13	RE-ELECT T. GEBREYES	3,424,272,711	99.89%	3,874,891	0.11%	3,428,147,602	91.22%	544,874
RESOLUTION 14	RE-ELECT A. POUTIAINEN	3,415,274,574	99.62%	12,872,128	0.38%	3,428,146,702	91.22%	545,774
RESOLUTION 15	RE-ELECT R. RAJAGOPAL	3,391,465,475	98.93%	36,681,827	1.07%	3,428,147,302	91.22%	545,174
RESOLUTION 16	RE-ELECT K.B. ROSMARIN	3,425,379,379	99.92%	2,767,323	0.08%	3,428,146,702	91.22%	545,774
RESOLUTION 17	RE-ELECT A. GUPTA	3,421,358,512	99.80%	6,788,790	0.20%	3,428,147,302	91.22%	545,174
RESOLUTION 18	RE-ELECT SHRAVIN B MITTAL	3,421,356,780	99.80%	6,790,822	0.20%	3,428,147,602	91.22%	544,874
RESOLUTION 19	REAPPOINT AUDITOR	3,427,360,437	99.98%	774,763	0.02%	3,428,135,200	91.22%	557,276
RESOLUTION 20	REMUNERATION OF AUDITOR	3,427,202,239	99.97%	941,826	0.03%	3,428,144,065	91.22%	548,411
RESOLUTION 21	POLITICAL DONATIONS	3,288,425,377	99.85%	4,991,686	0.15%	3,293,417,063	87.63%	135,275,413
RESOLUTION 22	ALLOT SHARES	3,289,380,383	99.88%	4,030,686	0.12%	3,293,411,069	87.63%	135,281,407
RESOLUTION 23	PRE-EMPTION RIGHTS	3,291,641,212	99.95%	1,762,873	0.05%	3,293,404,085	87.63%	135,288,391
RESOLUTION 24	MAKE MARKET PURCHASES	3,292,937,808	99.99%	182,294	0.01%	3,293,120,102	87.63%	135,572,374
RESOLUTION 25	GENERAL MEETING NOTICE	3,410,010,616	99.47%	18,143,106	0.53%	3,428,153,722	91.22%	538,754
RESOLUTION 26	REDUCE SHARE CAPITAL	3,293,190,905	100.00%	143,978	0.00%	3,293,334,883	87.63%	135,357,593

Subject to rule 9.2.2E of the UK Listing Rules the election of the Independent non-executive directors must be approved by a majority vote of both the independent shareholders (i.e. shareholders of the Company, other than the Company's controlling shareholder, who are entitled to vote on the election of Directors), and the shareholders as a whole. Therefore, the below table displays the votes for the election of the Independent non-executive directors excluding the votes of the controlling shareholder:

Independent Vote
RESOLUTION 09	RE-ELECT A. GREEN	1,286,343,317	97.23%	36,689,649	2.77%	1,323,032,966	80.04%	550,695
RESOLUTION 10	RE-ELECT A. AJUMOGOBIA	1,289,546,453	97.47%	33,492,034	2.53%	1,323,038,487	80.04%	545,174
RESOLUTION 11	RE-ELECT D. BAILLIE	1,259,312,573	95.33%	61,740,494	4.67%	1,321,053,067	79.92%	2,530,594
RESOLUTION 12	RE-ELECT J. DANILOVICH	1,287,015,823	97.28%	36,017,443	2.72%	1,323,033,266	80.04%	550,395
RESOLUTION 13	RE-ELECT T. GEBREYES	1,319,163,896	99.71%	3,874,891	0.29%	1,323,038,787	80.04%	544,874
RESOLUTION 14	RE-ELECT A. POUTIAINEN	1,310,165,759	99.03%	12,872,128	0.97%	1,323,037,887	80.04%	545,774
RESOLUTION 15	RE-ELECT R. RAJAGOPAL	1,286,356,660	97.23%	36,681,827	2.77%	1,323,038,487	80.04%	545,174

Notes:

1.     Full details of the resolutions are set out in the Notice of Annual General Meeting dated 9 June 2023 which is available on the Investor area of Company's website at airtel.africa.

2.     Resolutions 1 to 22 were ordinary resolutions, requiring more than 50% of shareholders' votes to be cast in favour of the resolutions. Resolutions 23 to 26 were special resolutions, requiring at least 75% of shareholders' votes to be cast in favour of the resolutions.

3.     Votes 'For' include those votes giving the Chairman discretion.

4.     As at the date of the AGM, the number of issued ordinary shares of the Company was 3,758,151,504 shares, which was the total number of shares entitling the holders to attend and vote for or against all resolutions.

5.     A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "Total issued share capital instructed" for any resolution.

6.     A copy of resolutions 23 and 26 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

-ENDS-

Enquiries

Airtel Africa - Investor Relations Pier Falcione Alastair Jones Investor.relations@africa.airtel.com	+44 7446 858 280 +44 7464 830 011 +44 207 493 9315
Hudson Sandler Nick Lyon Emily Dillon airtelafrica@hudsonsandler.com	+44 207 796 4133

About Airtel Africa

Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily in East Africa and Central and West Africa.

Airtel Africa offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally.

The Group aims to continue providing a simple and intuitive customer experience through streamlined customer journeys.

www.airtel.africa

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