AVATION PLC — AGM Information 2021

May 6, 2021

National Storage Mechanism | Additional information

RNS Number : 8307X

Avast PLC

06 May 2021

Avast plc

(the "Company")

Avast plc - Results of AGM

Following the annual general meeting of the Company held today (the "AGM"), the Company announces the results of the poll vote for each resolution (as set out in full in the notice of AGM (the "Notice of AGM")). Resolutions 1 - 16 (inclusive) and 20 were proposed as ordinary resolutions, whereas resolutions 17 - 19 (inclusive) and 21 were proposed as special resolutions:

NO.	RESOLUTION	VOTES FOR	%	VOTES AGAINST	%	VOTES TOTAL	% of ISC VOTED	VOTES WITHELD
1.	To receive the annual accounts for the financial year ended 31 December 2020, the report of the directors, together with the reports of the auditors thereon	825,586,858	100.00%	265	0.00%	825,587,123	80.19%	446,151
2.	To approve the directors' remuneration report for the financial year ended 31 December 2020	812,969,923	98.42%	13,049,954	1.58%	826,019,877	80.23%	13,397
3.	To declare a final dividend of 11.2 US cents per ordinary share	825,728,609	99.96%	302,270	0.04%	826,030,879	80.23%	2,395
4.	To re-elect John Schwarz as a director	785,853,942	95.21%	39,550,492	4.79%	825,404,434	80.17%	628,840
5.	To re-elect Ondrej Vlcek as a director	814,264,806	98.58%	11,763,838	1.42%	826,028,644	80.23%	4,630
6.	To re-elect Philip Marshall as a director	812,512,150	98.36%	13,516,494	1.64%	826,028,644	80.23%	4,630
7.	To re-elect Pavel Baudiš as a director	776,285,539	94.05%	49,080,158	5.95%	825,365,697	80.16%	667,577
8.	To re-elect Eduard Kučera as a director	776,285,539	94.05%	49,118,895	5.95%	825,404,434	80.17%	628,840
9.	To re-elect Warren Finegold as a director	793,775,311	96.10%	32,252,333	3.90%	826,027,644	80.23%	5,630
10.	To re-elect Maggie Chan Jones as a director	797,996,682	96.61%	28,032,212	3.39%	826,028,894	80.23%	4,380
11.	To re-elect Tamara Minick-Scokalo as a director	823,499,405	99.69%	2,529,489	0.31%	826,028,894	80.23%	4,380
12.	To re-elect Belinda Richards as a director	819,030,431	99.15%	6,998,463	0.85%	826,028,894	80.23%	4,380
13.	To re-appoint Ernst & Young LLP as auditor	824,844,217	99.86%	1,184,651	0.14%	826,028,868	80.23%	4,406
14.	To authorise the directors to set the auditor's remuneration	820,691,823	99.35%	5,337,677	0.65%	826,029,500	80.23%	3,774
15.	To authorise the Company to make "political donations" and incur "political expenditure"	820,319,006	99.41%	4,885,034	0.59%	825,204,040	80.15%	829,234
16.	To authorise the directors to allot shares	752,803,331	91.14%	73,227,298	8.86%	826,030,629	80.23%	2,645
17.	Authority to disapply pre-emption rights without restriction as to use	813,770,486	99.78%	1,805,196	0.22%	815,575,682	79.21%	10,457,592
18.	Authority to disapply pre-emption rights in connection with an acquisition or capital investment	803,244,648	98.49%	12,345,666	1.51%	815,590,314	79.22%	10,442,960
19.	To authorise the Company to purchase its own shares	824,839,507	99.98%	148,763	0.02%	824,988,270	80.13%	1,045,004
20.	To approve the Avast Employee Benefit Trust	825,929,003	99.99%	101,626	0.01%	826,030,629	80.23%	2,645
21.	To authorise the Company to call a general meeting (other than an annual general meeting) on not less than 14 clear days' notice	804,479,172	97.39%	21,551,707	2.61%	826,030,879	80.23%	2,395

As set out in the Notice of AGM, the Company also announces, in respect of resolutions 4, 9, 10, 11, and 12, the result of the vote of the independent shareholders as follows:

NO.	RESOLUTION	VOTES FOR	%	VOTES AGAINST	%	VOTES TOTAL	% of ISC VOTED	VOTES WITHELD
4.	To re-elect John Schwarz as a director	428,877,865	91.56%	39,550,492	8.44%	468,428,357	69.64%	628,840
9.	To re-elect Warren Finegold as a director	436,799,234	93.12%	32,252,333	6.88%	469,051,567	69.74%	5,630
10.	To re-elect Maggie Chan Jones as a director	441,020,605	94.02%	28,032,212	5.98%	469,052,817	69.74%	4,380
11.	To re-elect Tamara Minick-Scokalo as a director	466,523,328	99.46%	2,529,489	0.54%	469,052,817	69.74%	4,380
12.	To re-elect Belinda Richards as a director	462,054,354	98.51%	6,998,463	1.49%	469,052,817	69.74%	4,380

Votes "for" include proxy appointments which gave discretion to the Chairman of the AGM. A "vote withheld" is not a vote under English law and is therefore not included in the calculation of votes "for"

and "against" a resolution.

As at 6.30 p.m. on 4 May 2021, being the time at which a person had to be registered in the Company's register of members in order to attend and vote at the AGM, the number of ordinary shares of the Company in issue was 1,029,586,270. In accordance with the Company's Articles of Association, on a poll every member present in person or by proxy has one vote for every share held.

In accordance with Listing Rule 9.6.2, copies of the resolutions passed as special business at the AGM will shortly be available for inspection on the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. 

A copy of the voting results shown above will also be made available on the Company's website at https://investors.avast.com/. 

Following the declaration of the final dividend by shareholders at the AGM today, a dividend of 11.2 US cents per ordinary share in the Company for the financial year ended 31 December 2020 will be paid on 18 June 2021 to those shareholders registered at the close of business on 14 May 2021.

Section 430(2B) Companies Act 2006 - Retirement of Ulf Claesson and Erwin Gunst

The following information is provided in accordance with Section 430(2B) of the Companies Act 2006.

As previously announced on 12 August 2020, Ulf Claesson and Erwin Gunst did not stand for re-election at the 2021 Annual General Meeting.  Each of their appointments as a director of the Company therefore ended on 6 May 2021.

Ulf and Erwin will continue to be covered by the Company's directors' and officers' insurance and their indemnity in respect of third party liabilities will continue in force according to its terms.

On retiring, Ulf and Erwin will not be entitled to any other payments or any payment for loss of office.

Enquiries:

Trudy Cooke, Company Secretary

secretariat@avast.com

Peter Russell, Director of Investor Relations

ir@avast.com

Stephanie Kane, VP PR and Corporate Communications

mediarelations@avast.com

Lulu Bridges / Heather Armstrong / Tim Pearson

Tavistock

Tel: 020 7920 3150

About Avast

Avast (LSE:AVST), a FTSE 100 company, is a global leader in digital security and privacy products. With over 435 million users online, Avast offers products under the Avast and AVG brands that protect people from threats on the internet and the evolving IoT threat landscape. The company's threat detection network is among the most advanced in the world, using machine learning and artificial intelligence technologies to detect and stop threats in real time. Avast digital security products for Mobile, PC or Mac are top-ranked and certified by VB100, AV-Comparatives, AV-Test, SE Labs and others. Avast is a member of Coalition Against Stalkerware, No More Ransom and Internet Watch Foundation. Visit: www.avast.com.

LEI  Number: 213800IR8G8LCZH4BO27

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