AO WORLD PLC

AGM Information • Aug 20, 2020

National Storage Mechanism | Additional information

RNS Number : 6990W

AO World plc

20 August 2020

AO World PLC ("Company")

Result of Annual General Meeting

At the Annual General Meeting (AGM) of AO World plc held earlier today all the resolutions put to the meeting were passed.  Details of the votes cast are shown in the table below.

	Resolution	Votes in favour*		Votes against		Total number of votes cast	Votes Withheld**
No. of shares	%	No. of shares	%	No. of shares
1	To receive the report and accounts	393,801,969	99.99%	31,372	0.01	395,876,905	2,043,564
2	To approve the Directors' remuneration report	392,698,842	99.66%	1,326,451	0.34	395,876,905	1,851,612
3	To re-elect Geoff Cooper as a Director	392,284,906	99.09%	3,591,999	0.91	395,876,905	0
4	To re-elect John Roberts as a Director	393,722,295	99.92%	302,999	0.08	395,876,906	1,851,612
5	To re-elect Mark Higgins as a Director	395,571,992	99.92%	304,914	0.08	395,876,906	0
6	To re-elect Chris Hopkinson as a Director	394,690,431	99.70%	1,186,474	0.3	395,876,905	0
7	To re-elect Marisa Cassoni as a Director	389,017,307	98.27%	6,859,599	1.73	395,876,906	0
8	To re-elect Shaun McCabe as a Director	394,935,318	99.76%	941,588	0.24	395,876,906	0
9	To re-elect Luisa Delgado as a Director	389,553,869	98.40%	6,323,037	1.6	395,876,906	0
10	To re- appoint KPMG LLP as auditors	395,876,766	100.00%	140	0.01	395,876,906	0
11	To authorise the Directors to determine the remuneration of the auditors	395,876,906	100.00%	0	0	395,876,906	0
12	To authorise the Directors to allot shares	394,881,064	99.75%	995,842	0.25	395,876,906	0
13	To disapply pre-emption rights***	395,876,766	100.00%	140	0.01	395,876,906	0
14	To disapply pre-emption rights - limited to an acquisition or capital investment***	393,987,781	99.52%	1,883,124	0.48	395,876,905	6,000
15	To authorise the Company to purchase its own shares***	393,980,610	99.52%	1,883,084	0.48	395,876,905	13,211
16	To authorise the Company to make political donations	393,858,088	99.96%	161,205	0.04	395,876,905	1,857,612
17	To authorise the Company to hold general meetings on 14 days' notice***	393,267,054	99.34%	2,609,852	0.66	395,876,906	0
18	To approve the adoption of the AO Word Plc Value Creation Plan and the amendment of the AO 2018 Incentive Plan	358,280,687	90.50%	37,596,218	9.5	395,876,905	0

*      Includes those votes giving the Chairman discretion

**   A vote 'Withheld' has no legal effect and is not counted in the votes 'For' and 'Against' a resolution

*** Passed as special resolutions

The maximum number of votes cast was 395,876,906 representing 82.7% of the Company's issued share capital of as at 6pm on 19 August 2020.

In accordance with Listing Rule 9.6.2, copies of all the resolutions passed as special business have been submitted to the National Storage Mechanism and will shortly be available for viewing here.

Enquiries:

AO World plc

Julie Finnemore

Company Secretary

cosec@ao.com

Tel: +44(0)1204 672400

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