CLS Holdings PLC

AGM Information • Apr 23, 2020

National Storage Mechanism | Additional information

RNS Number : 6787K

CLS Holdings PLC

23 April 2020

CLS Holdings plc

(the "Company" or "CLS")

Result of AGM

At the Annual General Meeting ("AGM") of the Company held at 10.00am today all the resolutions as set out in the Notice of Meeting dated 23 March 2020 were unanimously passed on a poll. These results will shortly be available on the Company's website (www.clsholdings.com):

RESOLUTION		VOTES FOR*	%	VOTES AGAINST	%	VOTES TOTAL	% of ISC VOTED	VOTES WITHHELD**
1	Receive and adopt the Annual Report & Accounts for the year ended 31 December 2019	346,451,184	99.99	17,326	0.01	346,474,400	78.96	0
2	Approve the Directors' Annual Remuneration Report	335,149,720	97.08	10,076,826	2.92	345,232,436	76.38	1,241,964
3	Approve the Directors' Remuneration Policy	338,679,725	97.76	7,771,550	2.24	346,457,165	77.19	17,235
4	Approve a final dividend for the year ended 31 December 2019 of 5.05 pence per ordinary share	346,468,511	100.00	0	0.00	346,474,401	78.96	0
5	Re-elect Lennart Sten as a Director	136,792,868	99.98	26,902	0.02	346,474,400	78.96	0
6	Re-elect Anna Seeley as a Director	318,981,591	96.03	13,174,009	3.97	332,161,490	72.70	14,312,911
7	Re-elect Fredrik Widlund as a Director	346,458,483	100.00	10,028	0.00	346,474,401	78.96	0
8	Elect Andrew Kirkman as a Director	346,445,812	99.99	22,699	0.01	346,474,401	78.96	0
9	Re-elect Sten Mortstedt as a Director	344,560,961	99.45	1,907,549	0.55	346,474,400	78.53	0
10	Re-elect Elizabeth Edwards as a Director	136,792,688	99.98	27,082	0.02	346,474,400	78.96	0
11	Elect Bill Holland as a Director	136,816,471	99.99	1,200	0.00	346,472,301	78.96	2,100
12	Elect Denise Jagger as a Director	136,817,671	100.00	0	0.00	346,472,301	78.96	2,100
13	Re-elect Christopher Jarvis as a Director	327,525,003	97.77	7,454,293	2.23	334,985,186	74.65	11,489,215
14	Re-elect Bengt Mortstedt as a Director	324,868,816	97.27	9,112,480	2.73	333,987,186	74.04	12,487,215
15	Re-appoint Deloitte LLP as auditors	345,311,300	99.66	1,156,010	0.33	346,474,400	78.70	0
16	Authorise the directors to determine the auditors' remuneration	345,315,708	99.67	1,152,802	0.33	346,474,400	78.70	0
17	Approve the Long Term Incentive Plan	346,416,166	99.98	50,344	0.01	346,472,400	78.95	2,000
18	Authorise the directors to allot relevant securities	346,162,749	99.91	293,158	0.08	346,461,797	78.89	12,604
19	Authorise the directors to make non pre-emptive share allotments	346,415,197	99.98	48,644	0.01	346,474,401	78.95	0
20	Authorise the directors to make market purchases of shares	343,326,807	99.09	3,131,675	0.90	346,464,372	78.25	10,028
21	Authorise General Meetings to be called on not less than 14 clear days' notice	345,634,388	99.76	824,727	0.24	346,465,005	78.77	9,396

Votes of the Independent Shareholders (excluding the voting interest of Companies owned and controlled by the investment vehicle for the Sten and Karin Mortstedt Family and Charity Trust as Controlling Shareholder holding 51.46% of the Issued Ordinary Share Capital) on the resolutions concerning the election of the Independent non-executive directors. RESOLUTION		VOTES FOR*	%	VOTES AGAINST	%	VOTES TOTAL	% of Independent ISC VOTED	VOTES WITHHELD**
5	Re-elect Lennart Sten	136,792,868	99.98	26,902	0.02	136,825,660	59.72	0
10	Re-elect Elizabeth Edwards as a Director	136,792,688	99.98	27,082	27,082	136,825,660	59.72	0
11	Elect Bill Holland as a Director	136,816,471	99.99	1,200	1,200	136,823,561	59.71	2,100
12	Elect Denise Jagger as a Director	136,817,671	100.00	0	0	136,823,561	59.71	2,100

*     Includes those votes giving the Chairman discretion.

**  These votes are not counted towards the votes cast at the AGM.

A copy of the resolutions passed at the AGM will be submitted to the National Storage Mechanism and will shortly be available for inspection at  https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Enquiries:

CLS Holdings plc

(LEI: 213800A357TKB2TD9U78)

www.clsholdings.com

David Fuller, Company Secretary

+44 (0)20 7582 7766

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