ALFA FINANCIAL SOFTWARE HOLDINGS PL

AGM Information • Apr 26, 2023

National Storage Mechanism | Additional information

RNS Number : 5904X

Alfa Financial Software Hldgs PLC

26 April 2023

26 April 2023

Alfa Financial Software Holdings PLC

Result of the 2023 AGM

Alfa Financial Software Holdings PLC (the "Company" or "Alfa") announces the results of voting on its resolutions at its Annual General Meeting, which was held on 26 April 2023.

All resolutions, as set out in the Notice of Meeting, were voted by way of a poll and were passed.

The votes cast for resolutions 4, 5, 6 and 10 relating to the election of the independent Directors were duly passed by both a majority of the votes cast by the independent shareholders as well as by a majority of votes cast by all shareholders. These votes have been calculated separately and are shown below.

	For			Against		Total votes cast	Vote withheld
Resolution	No. of votes		% of votes cast	No. of votes	% of votes cast	No. of votes	No. of votes
1. To receive and adopt the Annual Report including the audited financial statements for the year ending 31 December 2022	275,851,705		100.00	1,476	0.00	275,853,181	0
2. To approve the Directors' Remuneration Report	275,851,155		100.00	2,026	0.00	275,853,181	0
3. To declare a final dividend of 1.2 pence per ordinary share	273,508,200		99.15	2,344,981	0.85	275,853,181	0
4. To re-elect Steve Breach as a Director	All	272,958,540	98.95	2,894,641	1.05	275,853,181	0
Independent	97,052,893	97.10	2,894,641	2.90	99,947,534	0
5. To re-elect Adrian Chamberlain as a Director	All	272,958,540	98.95	2,894,641	1.05	275,853,181	0
Independent	97,052,893	97.10	2,894,641	2.90	99,947,534	0
6. To re-elect Charlotte de Metz as a Director	All	275,298,454	99.80	554,727	0.20	275,853,181	0
Independent	99,392,807	99.44	554,727	0.56	99,947,534	0
7. To re-elect Andrew Denton as a Director	273,494,363		99.14	2,358,818	0.86	275,853,181	0
8. To re-elect Duncan Magrath as a Director	273,492,933		99.14	2,360,248	0.86	275,853,181	0
9. To re-elect Andrew Page as a Director	271,030,836		98.25	4,822,344	1.75	275,853,180	1
10. To re-elect Chris Sullivan as a Director	All	242,375,482	87.86	33,477,699	12.14	275,853,181	0
Independent	66,469,835	66.50	33,477,699	33.50	99,947,534	0
11. To re-elect Matthew White as a Director	273,492,933		99.14	2,360,248	0.86	275,853,181	550
12. To re-appoint RSM UK Audit LLP as auditor of the Company	275,851,155		100.00	1,476	0.00	275,852,631	0
13. To authorise the Audit and Risk Committee to determine the auditor's remuneration	275,851,705		100.00	1,476	0.00	275,853,181	0
14. To authorise the Company to make political donations	274,797,985		99.62	1,054,346	0.38	275,852,331	850
15. To authorise the Directors to allot ordinary shares	273,480,197		99.14	2,372,134	0.86	275,852,331	850
16. Authority to disapply statutory pre-emption rights	275,845,614		100.00	6,717	0.00	275,852,331	850
17.  Additional authority to disapply statutory pre-emption rights	274,796,114		99.62	1,056,217	0.38	275,852,331	850
18. To authorise the Company to purchase its own shares	274,276,327		99.43	1,576,853	0.57	275,853,180	1
19. Authority to call a general meeting (other than an AGM) on not less than 14 clear days' notice	275,686,999		99.94	166,182	0.06	275,853,181	0

The Board notes that resolution 10 (re-election of Chris Sullivan) was passed by 87.86% of the total votes cast, but with less than 80% of Independent Shareholders voting in favour. The Board will consult with independent shareholders who did not vote in favour to understand any concerns.

Notes:

1.    Any proxy arrangement which gave discretion to the Chairman has been included in the "for" totals.

2.    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.

3.    The number of shares in issue at close of business on 25 April 2023 was 300,000,000 (the "Share Capital"). On this date as at close of business, the Company holds 4,122,226 shares in treasury. Therefore, the total number of ordinary shares with voting rights was 295,877,774.

In accordance with Listing Rule 9.6.2, a copy of the resolutions passed at the AGM concerning items other than ordinary business will be submitted to the National Storage Mechanism and be available shortly for inspection at:

https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information:

Alfa Financial Software Holdings PLC Charlotte Caulfield, Company Secretary	+44 (0)20 7588 1800
LEI Number: 213800C5UOZHUTNUGA28

Notes to Editors

Alfa has been delivering systems and consultancy services to the global asset and automotive finance industry since 1990. Our best practice methodologies and specialised knowledge of asset finance facilitates our delivery of large software implementations and highly complex business change projects. With an excellent delivery history over nearly three decades in the industry, Alfa's experience and performance is unrivalled.

Alfa Systems, our class-leading technology platform, is at the heart of some of the world's largest asset finance companies. Key to the business case for each implementation is Alfa Systems' ability to replace multiple client systems on a single platform. Alfa Systems supports both retail and corporate business for auto, equipment, wholesale and dealer finance on a multijurisdictional basis, including leases/loans, originations and servicing. An end-to-end solution with integrated workflow and automated processing using business rules, Alfa Systems provides compelling solutions to asset finance companies.

Alfa Systems is currently live in 37 countries where it is supporting a portfolio where the customers' end clients are located.  Alfa has offices in Europe, Australasia and North America.  For more information, visit www.alfasystems.com.

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