AIB Group Plc — AGM Information 2020

Apr 29, 2020

National Storage Mechanism | Additional information

RNS Number : 3713L

AIB Group PLC

29 April 2020

29 April 2020

AIB GROUP PLC (the "Company")

RESULTS OF ANNUAL GENERAL MEETING 2020

The Company announces that at its Annual General Meeting ("AGM"), held today at 10 Molesworth Street, Dublin 2, all of the resolutions proposed were duly passed on a poll.

Resolutions 1 to 8 (inclusive) were passed as ordinary resolutions and resolutions 9 to 12 (inclusive) were passed as special resolutions.

The full text of each resolution, together with explanatory notes, are set out in the Notice of AGM which was circulated to shareholders on 30 March 2020 and made available on the Company's website at www.aib.ie/investorrelations

The results of the voting on the resolutions are as follows:

Resolution		Votes For	%	Votes Against	%	Total Votes Cast	Votes Withheld
1	To receive and consider the financial statements for the year together with the reports of the Directors and the Auditor thereon.	2,461,670,290	100.00	863	0.00	2,461,671,153	699,028
2	To declare a final dividend.	n/a resolution withdrawn	-	n/a resolution withdrawn	-	n/a resolution withdrawn	-
3	To authorise the Directors to fix the remuneration of the Auditor.	2,446,823,273	99.38	15,282,701	0.62	2,462,105,974	264,206
4	To consider the continuation in office of Deloitte as Auditor.	2,452,081,167	99.58	10,282,848	0.42	2,462,364,015	6,166
5(a)	To appoint Basil Geoghegan.	2,460,540,574	99.93	1,820,553	0.07	2,462,361,127	9,049
5(b)	To reappoint Colin Hunt.	2,462,285,787	100.00	78,720	0.00	2,462,364,507	5,537
5(c)	To reappoint Sandy Kinney Pritchard.	2,458,879,886	99.86	3,481,225	0.14	2,462,361,111	9,070
5(d)	To reappoint Carolan Lennon.	2,462,306,434	100.00	57,967	0.00	2,462,364,401	5,780
5(e)	To appoint Elaine MacLean.	2,462,350,307	100.00	10,579	0.00	2,462,360,886	9,295
5(f)	To reappoint Brendan McDonagh.	2,458,892,583	99.86	3,474,263	0.14	2,462,366,846	3,335
5(g)	To reappoint Helen Normoyle.	2,462,306,699	100.00	60,212	0.00	2,462,366,911	3,270
5(h)	To appoint Ann O'Brien.	2,462,310,503	100.00	52,780	0.00	2,462,363,283	6,898
5(i)	To reappoint Tomás O'Midheach.	2,461,872,322	99.98	490,807	0.02	2,462,363,129	7,052
5(j)	To appoint Raj Singh.	2,462,305,561	100.00	55,608	0.00	2,462,361,169	9,012
6	To consider the Directors' Remuneration Report.	2,461,244,857	99.95	1,121,887	0.05	2,462,366,744	3,437
7	To consider the Remuneration Policy.	2,447,456,331	99.39	14,908,150	0.61	2,462,364,481	5,700
8	To authorise the Directors allot relevant securities.	2,453,297,161	99.63	9,069,676	0.37	2,462,366,837	3,344
9(a)	Limited authorisation for the Directors to disapply pre-emption rights.	2,457,088,508	99.79	5,278,464	0.21	2,462,366,972	3,209
9(b)	Limited authorisation for the Directors to disapply pre-emption rights for an acquisition or specified capital event.	2,457,086,216	99.79	5,280,560	0.21	2,462,366,776	3,405
10	To authorise purchase by the Company of its own shares.	2,461,108,992	99.95	1,206,426	0.05	2,462,315,418	50,197
11	To determine the re-issue price range at which the any treasury shares held may be re-issued off-market.	2,462,135,754	99.99	181,549	0.01	2,462,317,303	52,878
12	To authorise the Directors to convene general meetings on 14 days' notice.	2,443,142,789	99.22	19,220,691	0.78	2,462,363,480	6,701

In accordance with Listing Rule 6.1.11 of Euronext Dublin and Listing Rule 9.2.2E of the Financial Conduct Authority, resolutions 5(a), (c), (d), (e), (f), (g), (h), and (j), relating to the re-election of the independent non-executive Directors, were passed by majority of each of:

-     the shareholders of the Company, and

-     the independent shareholders of the Company (that is, the shareholders of the Company entitled to vote on the election of Directors who are not controlling shareholders).

Votes cast by shareholders excluding the controlling shareholder are shown below.

Resolution		Votes For	%	Votes Against	%	Total Votes Cast	Votes Withheld
5(a)	To appoint Basil Geoghegan.	530,104,031	99.66	1,820,553	0.34	531,924,584	9,049
5(c)	To reappoint Sandy Kinney Pritchard.	528,443,343	99.35	3,481,225	0.65	531,924,568	9,070
5(d)	To reappoint Carolan Lennon.	531,869,891	99.99	57,967	0.01	531,927,858	5,780
5(e)	To appoint Elaine MacLean.	531,913,764	100.00	10,579	0.00	531,924,343	9,295
5(f)	To reappoint Brendan McDonagh.	528,456,040	99.35	3,474,263	0.65	531,930,303	3,335
5(g)	To reappoint Helen Normoyle.	531,870,156	99.99	60,212	0.01	531,930,368	3,270
5(h)	To appoint Ann O'Brien.	531,873,960	99.99	52,780	0.01	531,926,740	6,898
5(j)	To appoint Raj Singh.	531,869,018	99.99	55,608	0.01	531,924,626	9,012

Notes:

1.     A "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution.

2.     The total number of ordinary shares in issue as at Monday, 27 April 2020 was 2,714,381,237.

3.     The total number of ordinary shares held by shareholders excluding the controlling shareholder on Monday, 27 April 2020 was 783,944,694.

In accordance with Listing Rule 6.1.60 of Euronext Dublin and Listing Rule 9.6.2 of the Financial Conduct Authority, copies of all resolutions, other than those concerning ordinary business, passed at the AGM today have been submitted to Euronext Dublin and the UK National Storage Mechanism and will be shortly available for inspection at www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism.

-ENDS-

For further information, please contact:

Conor Gouldson	Paddy McDonnell
Head of Corporate Governance	Head of Media Relations
AIB Group plc	AIB Group plc
Dublin	Dublin
Tel: +353-1-772 0030	Tel: 353-1-641 2869
email: conor.w.gouldson@aib.ie	email: paddy.x.mcdonnell@aib.ie

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