Fresnillo PLC — AGM Information 2020

May 29, 2020

National Storage Mechanism | Additional information

RNS Number : 4085O

Fresnillo PLC

29 May 2020

Fresnillo plc

21 Upper Brook Street

London W1K 7PY

United Kingdom

www.fresnilloplc.com

29 May 2020

FRESNILLO PLC - RESULT OF AGM

The Board is pleased to announce that all of the resolutions put to shareholders at today's Annual General Meeting were passed by means of a poll, including the ordinary resolutions (resolutions 1 to 18) and special resolutions (resolutions 19 to 22) as set out in the Company's notice of AGM dated 28 April 2020. The votes cast for resolutions 9 to 15 relating to the re-election and election of the independent Directors were duly passed by both a majority of the votes cast by the independent shareholders as well as by a majority of votes cast by all shareholders. These votes have been calculated separately and are shown below (independent shareholder votes cast being marked **)

The final voting figures are shown below.

Resolution	Total Votes Cast	For (*)		Against (*)		Withheld
Number	%	Number	%
1: Presentation of the accounts	684,153,642	684,134,562	100.00	19,080	0.00	2,372,224
2: To approve the final dividend	686,525,347	686,523,749	100.00	1,598	0.00	520
3: To approve the Annual Report on Remuneration	686,514,636	683,506,552	99.56	3,008,084	0.44	11,231
4: To re-elect Mr Alberto Baillères	686,478,048	620,054,197	90.32	66,423,851	9.68	47,818
5: To re-elect Mr Alejandro Baillères	686,523,025	680,658,390	99.15	5,864,635	0.85	2,842
6: To re-elect Mr Juan Bordes	686,523,153	678,771,226	98.87	7,751,927	1.13	2,714
7: To re-elect Mr Arturo Fernández	686,519,553	678,767,626	98.87	7,751,927	1.13	6,314
8: To re-elect Mr Fernando Ruiz	685,610,780	629,877,821	91.87	55,732,959	8.13	915,086
9: To re-elect Mr Charles Jacobs	686,522,005	685,530,555	99.86	991,450	0.14	3,862
133,926,814**	132,935,364	99.26	991,450	0.74	3,862
10: To re-elect Ms Bárbara Garza Lagüera	686,511,253	678,753,042	98.87	7,758,211	1.13	14,614
133,916,062**	126,157,851	94.21	7,758,211	5.79	14,614
11: To re-elect Mr Alberto Tiburcio	686,523,152	677,216,282	98.64	9,306,870	1.36	2,714
133,927,961**	124,621,091	93.05	9,306,870	6.95	2,714
12: To re-elect Dame Judith Macgregor	686,524,105	686,512,046	100.00	12,059	0.00	1,762
133,928,914**	133,916,855	99.99	12,059	0.01	1,762
13: To re-elect Ms Georgina Kessel	686,523,253	686,516,137	100.00	7,116	0.00	2,614
133,928,062**	133,920,946	99.99	7,116	0.01	2,614
14: To re-elect Mr Luis Robles	686,522,553	686,517,664	100.00	4,889	0.00	3,314
133,927,362**	133,922,473	100.00	4,889	0.00	3,314
15: To elect Ms Guadalupe De la Vega	686,523,605	686,518,953	100.00	4,652	0.00	2,262
133,928,414**	133,923,762	100.00	4,652	0.00	2,262
16: To appoint the auditors	686,521,521	680,971,239	99.19	5,550,282	0.81	4,345
17: To allow the audit committee to determine the auditors remuneration	686,524,952	684,735,543	99.74	1,789,409	0.26	915
18: To give authority to Directors allot shares	686,520,998	685,907,881	99.91	613,117	0.09	4,869
19: To disapply pre-emption rights	686,518,827	684,613,685	99.72	1,905,142	0.28	7,040
20: To disapply pre-emption rights in in connection with an acquisition or other capital investment	686,518,526	682,225,747	99.37	4,292,779	0.63	7,340
21: To authorise purchase of own shares	686,426,035	679,818,776	99.04	6,607,259	0.96	99,831
22: Notice of general meetings	686,521,948	683,735,969	99.59	2,785,979	0.41	3,919

(*) = Includes discretionary votes

(**) =Votes cast by the independent shareholders

As at the date of the AGM, the number of issued shares and total voting rights of the Company was 736,893,589 shares in issue. The Company's Articles of Association set out that every member who is present in person or by proxy shall have one vote for every share of which he is the holder on a poll. The scrutineer of the poll was Equiniti Limited.

In accordance with Listing Rule 9.6.2, Fresnillo plc has submitted a copy of the resolutions dealing with the special business put to shareholders at the AGM today to the National Storage Mechanism, which will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

ENDS

For further information, please visit our website www.fresnilloplc.com or contact:

FRESNILLO PLC        London Office                         Gabriela Mayor, Head of Investor Relations Patrick Chambers	Tel: +44 (0)20 7399 2470
Mexico City Office Ana Belem Zárate	Tel: +52 55 52 79 3206
POWERSCOURT Peter Ogden	Tel: +44 (0)7793 858 211

ABOUT FRESNILLO PLC

Fresnillo plc is the world's largest primary silver producer and Mexico's largest gold producer, listed on the London and Mexican Stock Exchanges under the symbol FRES.

Fresnillo plc has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine, Las Casas Rosario & Cluster Cebollitas), Herradura, Soledad-Dipolos1, Noche Buena and San Julián (Veins and Disseminated Ore Body), three development projects - the Pyrites Plant at Fresnillo, the optimisation of the beneficiation plant also at Fresnillo and Juanicipio, and six advanced exploration projects - Orisyvo, Centauro great potential, Centauro Deep, Guanajuato, Rodeo and Tajitos, as well as a number of other long term exploration prospects.

Fresnillo plc has mining concessions and exploration projects in Mexico, Peru and Chile.

Fresnillo plc has a strong and long tradition of exploring, mining, a proven track record of mine development, reserve replacement, and production costs in the lowest quartile of the cost curve for silver.

Fresnillo plc's goal is to maintain the Group's position as the world's largest primary silver company and Mexico's largest gold producer.

1 Operations at Soledad-Dipolos are currently suspended.

FORWARD LOOKING STATEMENTS

Information contained in this announcement may include 'forward-looking statements'. All statements other than statements of historical facts included herein, including, without limitation, those regarding the Fresnillo Group's intentions, beliefs or current expectations concerning, amongst other things, the Fresnillo Group's results of operations, financial position, liquidity, prospects, growth, strategies and the silver and gold industries are forward-looking statements. Such forward-looking statements involve risk and uncertainty because they relate to future events and circumstances. Forward-looking statements are not guarantees of future performance and the actual results of the Fresnillo Group's operations, financial position and liquidity, and the development of the markets and the industry in which the Fresnillo Group operates, may differ materially from those described in, or suggested by, the forward-looking statements contained in this document. In addition, even if the results of operations, financial position and liquidity, and the development of the markets and the industry in which the Fresnillo Group operates are consistent with the forward-looking statements contained in this document, those results or developments may not be indicative of results or developments in subsequent periods. A number of factors could cause results and developments to differ materially from those expressed or implied by the forward-looking statements including, without limitation, general economic and business conditions, industry trends, competition, commodity prices, changes in regulation, currency fluctuations (including the US dollar and Mexican Peso exchanges rates), the Fresnillo Group's ability to recover its reserves or develop new reserves, including its ability to convert its resources into reserves and its mineral potential into resources or reserves, changes in its business strategy and political and economic uncertainty.

LEI: 549300JXWH1UV5J0XV81

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