Currys PLC

AGM Information • Sep 7, 2023

National Storage Mechanism | Additional information

RNS Number : 7585L

Currys PLC

07 September 2023

7 September 2023

CURRYS PLC

ANNUAL GENERAL MEETING 2023 - POLL RESULTS

The Board of Currys plc ('the Company') is pleased to announce that all the resolutions put to its Annual General Meeting held at 11:00am on Thursday 7 September 2023, were duly passed by the requisite majorities on a poll.

The results of the poll were as follows:

Resolutions		Votes For		Votes Against		Votes Total	Issued Share Capital Voted	Votes Withheld
Number	%	Number	%	Number	%	Number
1.	To receive the Annual Report and Accounts, including the strategic report and the reports of the directors and auditor for the period ended 29 April 2023	912,881,832	99.62	3,484,254	0.38	916,366,086	80.84%	590,354
2.	To approve the Directors' Annual Remuneration Report	722,959,173	78.85	193,926,336	21.15	916,885,509	80.89%	70,389
3.	To elect Magdalena Gerger as a director	916,728,536	99.98	149,347	0.02	916,877,883	80.89%	78,955
4.	To elect Adam Walker as a director	916,759,861	99.99	124,951	0.01	916,884,812	80.89%	71,837
5.	To re-elect Alex Baldock as a director	916,572,363	99.96	331,764	0.04	916,904,127	80.89%	52,940
6.	To re-elect Eileen Burbidge MBE	916,554,317	99.96	349,247	0.04	916,903,564	80.89%	53,085
7.	To re-elect Tony DeNunzio CBE as a director	793,664,509	86.56	123,236,309	13.44	916,900,818	80.89%	55,831
8.	To re-elect Ian Dyson as a director	898,045,541	97.94	18,849,814	2.06	916,895,355	80.89%	61,294
9.	To re-elect Bruce Marsh as a director	915,480,442	99.85	1,407,728	0.15	916,888,170	80.89%	68,061
10.	To re-elect Fiona McBain as a director	916,588,143	99.97	309,074	0.03	916,897,217	80.89%	59,014
11.	To re-elect Gerry Murphy as a director	913,159,594	99.59	3,738,613	0.41	916,898,207	80.89%	58,024
12.	To re-appoint KPMG LLP as auditor of the Company	873,447,511	95.26	43,447,787	4.74	916,895,298	80.89%	60,933
13.	To authorise the directors to determine the auditor's remuneration	916,830,517	99.99	78,102	0.01	916,908,619	80.89%	48,219
14.	To authorise political donations not exceeding £25,000 in total	907,159,028	98.94	9,759,337	1.06	916,918,365	80.89%	38,284
15.	Authority to allot shares	910,156,237	99.26	6,755,172	0.74	916,911,409	80.89%	45,240
16.	To approve and authorise the directors to implement and operate the Currys Savings-Related Share Option Scheme 2023 ('SAYE')	915,845,448	99.88	1,061,335	0.12	916,906,783	80.89%	50,284
17.	Authority to dis-apply    pre-emption rights *	916,721,475	99.98	166,146	0.02	916,887,621	80.89%	68,610
18.	Authority for the Company to purchase its own shares *	873,309,579	95.26	43,459,716	4.74	916,769,295	80.88%	187,354
19.	Authority to call general meetings at short notice *	905,551,450	98.76	11,372,888	1.24	916,924,338	80.89%	32,322

* Special Resolutions

Resolution 2 - Directors' Remuneration Report

The Board welcomes the 78.85% vote in favour of our Remuneration Report, including the support from most of our large shareholders. However, despite this vote in favour, the Board acknowledges that a significant minority of shareholders did not support this Resolution.

Over the past year we have engaged extensively with our shareholders on our approach to executive remuneration. The views of our shareholders are important to us and the feedback we have received to date has been helpful. Our shareholders are diverse and offer a range of different perspectives on our approach, some of which are contradictory. The Remuneration Committee will seek to consult further with shareholders to understand and discuss the specific rationale for any votes against our report.

The Company will publish an update on this engagement by 7 March 2024.

Notes:

1.   The total number of ordinary shares of 0.1p each in issue on the share register as at the date of meeting was 1,133,494,651 and all of these have voting rights.

2.   Percentages above are rounded to 2 decimal places.

3.   A vote 'Withheld' is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution, the total votes validly cast or the calculation of the proportion of issued share capital voted.

In accordance with Listing Rule 9.6.2R, a copy of the resolutions, other than those concerning ordinary business, passed at the Annual General Meeting have been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Further information:

Nigel Paterson, Company Secretary and General Counsel

Currys plc

Tel: +44 (0)20 3110 4411

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