Impax Environmental Markets PLC

AGM Information • Feb 18, 2025

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author: Rachel Orebote
date: 2025-02-18 17:37:00+00:00

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Impax Environmental Markets (“the Company”)

General Meeting

duly convened and held at 7th Floor, 30 Panton Street, London, SW1Y 4AJ

on 18 February 2025 at 10am.

The following resolution was proposed as a special resolution:

THAT, in substitution to any existing authority, but without prejudice to the exercise of any authority prior to the date hereof, the Directors of the Company be and are hereby generally and unconditionally authorised for the purposes of section 701 of the Companies Act 2006 (the Act) to make one or more market purchases (as defined in section 693(4) of the Act) of ordinary shares of 10 pence each in the capital of the Company (Ordinary Shares) on such terms and in such manner as they may determine provided that:

(i) the maximum aggregate number of Ordinary Shares which may be purchased is 35,385,976 (or if less, 14.99 per cent. of the number of Ordinary Shares in issue (excluding treasury shares) immediately prior to the passing of this resolution);

(ii) the minimum price which may be paid for an Ordinary Share shall be 10 pence (exclusive of associated expenses);

(iii) the maximum price which may be paid for an Ordinary Share (exclusive of associated expenses is the higher of: (a) 5 per cent of the average of the middle market quotations (as derived from the Daily Official List of the London Stock Exchange) for the Ordinary Shares over the five business days immediately preceding the day of purchase; and (b) the higher of the last independent trade and the highest current independent bid on the trading venue on which the purchase is carried out; and

(iv) unless previously renewed, varied or revoked, this authority shall expire at the conclusion of the annual general meeting of the Company, expected to be held on 20 May 2025 unless such authority is renewed prior to such time; and

(v) the Company may before such expiry enter into a contract to purchase Ordinary Shares which will or may be completed wholly or partly after such expiry and a purchase of Ordinary Shares may be made pursuant to any such contract.

Helen J Coyne

For and on behalf of Apex Listed Companies Services (UK) Limited

Corporate Company Secretary to Impax Environmental Markets Plc