ACCSYS TECHNOLOGIES PLC — AGM Information 2023

Sep 20, 2023

National Storage Mechanism | Additional information

RNS Number : 1206N

Accsys Technologies PLC

20 September 2023

AIM: AXS

Euronext Amsterdam: AXS

20 September 2023

Accsys Technologies PLC

("Accsys", the "Group" or the "Company")

Results of Annual General Meeting

The Board of Accsys announces that its Annual General Meeting was held at 12.00pm (BST) on 20 September 2023.

All resolutions, as set out in the Notice of Annual General Meeting, dated 23 August 2022 were duly passed, with the exception of Resolution 3: 'To reappoint Stephen Odell as a Director of the Company', which was withdrawn as a resolution prior to the meeting, as detailed in the Company's announcement of 12 September 2023.

The final voting position is shown below (inclusive of proxy votes cast prior to and at the Meeting). Any proxy votes which are at the discretion of the Chairman have been included in the "For" total.

No	Resolutions (Please refer to the Notice of Meeting for full text)	For		Against	Vote Withheld	%Vote Cast For[1]
Ordinary resolutions
1	To receive and adopt the audited financial statements for the financial year ended 31 March 2023, together with the reports of the Directors and auditors	108,921,596	34,160		30,769	99.96%
2	To approve the Directors' Remuneration Report for the financial year ended 31 March 2023 (excluding the Remuneration Policy)	107,503,125	1,389,403		93,997	98.72%
3	To reappoint Stephen Odell as a Director of the Company	n/a	n/a		n/a	n/a
4	To reappoint Trudy Schoolenberg as a Director of the Company	107,529,724	1,368,664		88,137	98.74%
5	To reappoint Louis Eperjesi as a Director of the Company	107,505,063	1,382,325		99,137	98.73%
6	To appoint Roland Waibel as a Director of the Company	107,508,463	1,381,925		96,237	98.73%
7	To appoint Jelena Arsic van Os as a Director of the Company	105,577,053	1,371,335		38,137	98.74%
8	To appoint Steven Salo as a Director of the Company	108,879,733	57,655		49,137	99.94%
9	To reappoint PricewaterhouseCoopers LLP as auditor of the Company	108,881,341	76,256		28,928	99.93%
10	To authorise the Directors to determine the auditor's remuneration	108,860,342	98,382		27,801	99.91%
11	To authorise the Directors to allot shares generally	107,498,203	1,458,439		29,883	98.66%
12	To approve the Accsys 2023 Long Term Incentive Plan	107,557,356	1,387,768		41,401	98.72%
Special resolutions
13	To empower the Directors to allot shares for cash (other than pro rata to existing shareholders)	107,486,561	1,463,681		36,283	98.65%
14	To authorise the Company to make market purchases of its own ordinary shares	107,557,978	1,402,264		26,283	98.71%
15	To authorise a general meeting of the Company (other than an annual general meeting) to be called on not less than 14 clear days' notice	107,580,768	1,379,874		25,883	98.73%

Ends

For further information, please contact:

Accsys Technologies PLC Katharine Rycroft, Head of Investor Relations	+44 (0) 7783 776080
Numis Securities (London) Oliver Hardy (NOMAD), Ben Stoop	+44 (0) 20 7260 1000
Investec Bank plc (London) Carlton Nelson, Alex Wright	+44 (0) 20 7597 5970
ABN Amro (Amsterdam) Richard van Etten, Dennis van Helmond	+31 20 344 2000
FTI Consulting (UK) Matthew O'Keeffe, Alex Le May	+44 (0) 20 3727 1340
Huijskens Sassen Communications (The Netherlands) Clemens Sassen	+31 20 685 5955

Notes to editors:

Accsys (Accsys Technologies PLC) is a fast-growing business with a purpose: changing wood to change the world. The company combines chemistry, technology and ingenuity to make Accoya® wood and Tricoya® wood elements:  high performance wood products that are extremely durable and stable, opening new opportunities for the built environment and giving the world a choice to build sustainably. Accsys transforms fast-growing, certified sustainable wood into building materials with an up to 50-year warranty, locking carbon stored in the wood into useful products for decades, with performance characteristics that match or better those of non-renewable, resource-depleting and polluting alternatives.  Accsys is listed on the London Stock Exchange AIM market and on Euronext Amsterdam, under the symbols 'AXS'.  Visit www.accsysplc.com 

Accoya® solid wood is sustainable, durable, and stable with exceptional performance, finish and sustainability. Accsys' proprietary acetylation process makes the wood more dimensionally stable and because it is no longer easily digestible, extremely durable. It is one of very few building materials to be Cradle to Cradle Certified™ at the Gold level, with a Platinum rating for Material Health, confirming that no harmful or toxic additives or chemicals are present to leach out into the environment. Primary applications for Accoya® wood include windows, doors, cladding and decking, where the combination of performance and sustainability benefits compete favorably against hardwoods, plastics, metals and concrete. Visit www.accoya.com

Tricoya® acetylated wood elements are produced for use in the fabrication of panel products such as medium density fibreboard (MDF). Panel products made with Tricoya® wood elements are truly durable and stable enough for use outdoors and in wet environments, unlocking new possibilities for design and construction. They have been lauded as the first major innovation in the wood composites industry in more than 30 years and bring the flexibility of traditional panel products and sustainability benefits of wood to a whole new range of applications. Visit www.tricoya.com

Any references in this announcement to agreements with Accsys shall mean agreements with either Accsys or its subsidiary entities unless otherwise specified. 'Accsys' and 'Accsys Technologies' are trading names of Titan Wood Limited ("TWL"), a wholly-owned subsidiary of Accsys Technologies PLC. Accoya®, Tricoya® and the Trimarque Device are registered trademarks owned by TWL, and may not be used or reproduced without written permission from TWL, or in the case of the Tricoya® registered brand trademark, from Tricoya Technologies Limited, a subsidiary of TWL with exclusive rights to exploit the Tricoya® brand.

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[1] Discounting Votes Withheld

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