CML MICROSYSTEMS PLC

AGM Information • Aug 13, 2024

National Storage Mechanism | Additional information

RNS Number : 3061A

CML Microsystems PLC

13 August 2024

CML Microsystems Plc

Results of the 2024 Annual General Meeting

CML Microsystems Plc (the "Group" or the "Company"), which develops mixed-signal, RF and microwave semiconductors for global communications markets, today held its Annual General Meeting ("AGM") at which all resolutions put to the shareholders were duly passed with the requisite majorities on a show of hands. Details of the proxy and CREST votes cast are as follows:

Resolution	For	%	Against	%	Withheld	%
1. To receive and adopt the Group's consolidated financial statements and reports of the Directors and auditor for the year ended 31st March 2024, which have been sent to shareholders and are available on the Company website at www.cmlmicroplc.com.	11,352,317	98.80	2,601	0.02	134,876	1.17
2. To receive and approve the Directors' Remuneration Report for the year ended 31st March 2024.	11,340,061	98.70	146,221	1.27	3,512	0.03
3. To declare a final dividend of 6.0p per 5p ordinary share for the year ended 31st March 2024.	11,486,901	99.97	2,601	0.02	292	0.00
4. To re-appoint J Lindop as Director, who retires from the Board by rotation.	10,702,219	93.15	785,083	6.83	2,492	0.02
5. To re-appoint M McCabe as Director, who was appointed to the board in the year.	11,481,217	99.93	6,085	0.05	2,492	0.02
6. To re-appoint N Zommer as Director, who was appointed to the board in the year.	11,481,217	99.93	6,085	0.05	2,492	0.02
7. To send or supply all documents or information relating to the Company to members by making them available on a website.	11,486,187	99.97	3,351	0.03	256	0.00
8. To re-appoint BDO LLP, as auditor of the Company.	11,485,831	99.97	2,601	0.02	1,362	0.01
9. To authorise the Directors to determine the remuneration of the auditor.	11,484,901	99.96	2,601	0.02	2,592	0.02
10. To authorise the Directors to allot shares.	11,476,821	99.89	12,021	0.10	952	0.01
11. To disapply the pre-emption provisions of The Companies Act 2006.	11,471,756	99.84	17,546	0.15	492	0.00
12. To disapply the pre-emption provisions of The Companies Act 2006 for the purposes of financing an acquisition or capital investment.	11,473,296	99.86	15,546	0.14	952	0.01
13. To renew the authority to the Company to make market purchases of its own shares.	11,485,531	99.96	3,771	0.03	492	0.00

CML Microsystems Plc Chris Gurry, Group Managing Director Nigel Clark, Non-Executive Chairman	www.cmlmicroplc.com Tel: +44(0)1621 875 500
Shore Capital Toby Gibbs James Thomas Lucy Bowden Fiona Conroy (Corporate Broking)	Tel: +44(0)20 7408 4090
Alma PR Josh Royston Andy Bryant Robyn Fisher Emma Thompson	Tel: +44 (0)20 3405 0212

About CML Microsystems PLC

CML develops mixed-signal, RF and microwave semiconductors for global communications markets. The Group utilises a combination of outsourced manufacturing and in-house testing with trading operations in the UK, Asia and USA. CML targets sub-segments within Communication markets with strong growth profiles and high barriers to entry. It has secured a diverse, blue chip customer base, including some of the world's leading commercial and industrial product manufacturers.

The spread of its customers and diversity of the product range largely protects the business from the cyclicality usually associated with the semiconductor industry. Growth in its end markets is being driven by factors such as the appetite for data to be transmitted faster and more securely, the upgrading of telecoms infrastructure around the world and the growing prevalence of private commercial wireless networks for voice and/or data communications linked to the industrial internet of things (IIoT).

The Group is cash-generative, has no debt and is dividend paying.

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