Drax Group PLC

AGM Information • Apr 26, 2021

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author: "Beth Fensome"
date: 2021-04-23 09:48:00+00:00
processor: python-docx+mammoth
status: success

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DRAX GROUP PLC

Incorporated in England And Wales 5562053

General Meeting 2021

Special Business

The following resolution was passed as special business at a General Meeting of Drax Group plc held on 31 March 2021.

IT WAS RESOLVED THAT the proposed acquisition of the entire issued share capital of Pinnacle Renewable Energy Inc. (the “Transaction”) on the terms and subject to the conditions of an Acquisition Agreement dated 7 February 2021 between (1) the Company, (2) Drax Canadian Holdings Inc. and (3) Pinnacle Renewable Energy Inc. and summarised in the circular dated 12 March 2021 relating to the Transaction be and is hereby approved, and any and all of the directors of the Company be and are hereby authorised to: (i) do all such acts and things and execute all such agreements and make such arrangements as they may consider to be necessary, desirable or appropriate to complete, implement and to give effect to, or otherwise in connection with, the Transaction and any matters incidental to the Transaction; and (ii) waive, amend, vary, revise or extend any of the terms and conditions of such agreements, provided that any such waivers, amendments, revisions or extensions are not of a material nature.

Brett Gladden

Company Secretary