Conduit Holdings Limited

Management Reports • May 16, 2024

National Storage Mechanism | Additional information

RNS Number : 6258O

Conduit Holdings Limited

16 May 2024

Pembroke, Bermuda - 16 May 2024

Conduit Holdings Limited

("CHL" LSE ticker: CRE)

Results of 2024 AGM

Conduit Holdings Limited announces the result of voting on the resolutions at its 2024 Annual General Meeting ("AGM") held on Wednesday 15 May 2024. The meeting considered the 18 resolutions as set out in the AGM Notice dated 12 April 2024.

Each of the resolutions was duly passed by the required majority. Resolutions 1 to 15 were passed as ordinary resolutions. Resolutions 16, 17 and 18 were passed as special resolutions. The total number of votes received for each resolution is set out below.

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

The total voting rights in CHL on 15 May 2024 was 165,239,997.

Description	Votes For	% Votes Cast For	Votes Against	% Votes Cast Against	Votes Withheld	Total Votes Cast (excl. Votes Withheld)	% of Issued Share Capital voted
1. To receive the Company's audited consolidated financial statements for the financial period ended 31 December 2023 and the reports of the Directors and the Auditors thereon (the "Annual Report and Accounts").	127,167,576	100.00	0	0.00	178,046	127,167,576	76.96
2. To approve the Directors' Remuneration Policy as set out in the Annual Report and Accounts for the year ended 31 December 2023	96,719,933	81.77	21,559,064	18.23	9,066,625	118,278,997	58.53
3.To approve the annual report on remuneration as set out in the Annual Report and Accounts for the year ended 31 December 2023	125,716,041	98.72	1,629,581	1.28	0	127,345,622	76.08
4. To approve the rules of the Company's 2023 Long Term Incentive Plan produced to this AGM and initialled by the Chairman	99,252,895	83.91	19,026,102	16.09	9,066,625	118,278,997	60.07
5.To re-elect Neil Eckert as a Director of the Company.	125,436,389	98.50	1,909,233	1.50	0	127,345,622	75.91
6. To re-elect Trevor Carvey as a Director of the Company.	127,047,316	99.77	298,306	0.23	0	127,345,622	76.89
7. To re-elect Elaine Whelan as a Director of the Company.	126,702,993	99.50	642,629	0.50	0	127,345,622	76.68
8. To re-elect Michelle Seymour Smith as a Director of the Company.	127,149,876	99.85	195,746	0.15	0	127,345,622	76.95
9. To re-elect Malcolm Furbert as a Director of the Company.	127,033,366	99.75	312,256	0.25	0	127,345,622	76.88
10. To re-elect Elizabeth Murphy as a Director of the Company.	127,149,876	99.85	195,746	0.15	0	127,345,622	76.95
11. To re-elect Ken Randall as a Director of the Company.	125,550,558	98.59	1,795,064	1.41	0	127,345,622	75.98
12. To elect Rebecca Shelley as a Director of the Company	126,103,395	99.02	1,242,227	0.98	0	127,345,622	76.32
13. To re-appoint KPMG Audit Limited as auditors of the Company to hold office until the conclusion of the next general meeting of the Company at which accounts are laid.	127,345,622	100.00	0	0.00	0	127,345,622	77.07
14. To authorise the Directors to determine the remuneration of the auditors.	127,345,622	100.00	0	0.00	0	127,345,622	77.07
15. Directors' Authority to Allot Shares, as detailed in the Notice of Meeting.	126,144,437	99.06	1,201,185	0.94	0	127,345,622	76.34
SPECIAL RESOLUTIONS
16. Disapplication of Pre-emption Rights - 10% unrestricted as detailed in the Notice of Meeting.	125,372,496	98.45	1,973,126	1.55	0	127,345,622	75.87
17. Disapplication of Pre-emption Rights - 10% for acquisition or a specified capital investment as detailed in the Notice of Meeting.	120,860,325	94.91	6,485,297	5.09	0	127,345,622	73.14
18. To authorise the purchase of own Common Shares as detailed in the Notice of Meeting.	125,643,925	98.86	1,450,000	1.14	251,697	127,093,925	76.04

Media contacts

H/Advisors Maitland - Vikki Kosmalska / Genevieve Ryan

+44 (0) 207 379 5151

[email protected]

Investor relations and other enquiries:

[email protected]

Panmure Gordon (Joint Corporate Broker)

+44 (0) 207 886 2500

Berenberg (Joint Corporate Broker)

+44 (0) 203 207 7800

Peel Hunt (Joint Corporate Broker)

+44 (0) 207 418 8900

About Conduit Re

Conduit Re is a pure-play Bermuda-based reinsurance business with global reach. Conduit Reinsurance Limited is licensed by the Bermuda Monetary Authority as a Class 4 insurer. A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Conduit Reinsurance Limited. The outlook assigned to these ratings is stable.

Conduit Holdings Limited is the ultimate parent of Conduit Reinsurance Limited and is listed on the London Stock Exchange (ticker: CRE). References to "Conduit" include Conduit Holdings Limited and all of its subsidiary companies.

Learn more about Conduit Re :

Website: https://conduitreinsurance.com/

LinkedIn: https://www.linkedin.com/company/conduit-re

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