Fresnillo PLC — AGM Information 2022

May 17, 2022

National Storage Mechanism | Additional information

RNS Number : 8169L

Fresnillo PLC

17 May 2022

Fresnillo plc

21 Upper Brook Street

London W1K 7PY

United Kingdom

www.fresnilloplc.com

17 May 2022

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 19) and special resolutions (resolutions 20 to 24) as set out in the Company's notice of AGM dated 13 April 2022. The votes cast for resolutions 10 to 16 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 report and accounts	679,989,086	679,963,294	100.00	25,792	0.00	3,228,951
2: To approve the final dividend	683,188,024	682,968,450	99.97	219,574	0.03	30,013
3: To approve the Annual Report on Remuneration	683,185,348	671,132,588	98.24	12,052,760	1.76	32,689
4. To approve the Directors' Remuneration Policy,	683,183,300	669,091,311	97.94	14,091,989	2.06	34,737
5: To re-elect Mr Alejandro Baillères	680,066,956	632,261,180	92.97	47,805,776	7.03	3,151,081
6: To re-elect Mr Juan Bordes	682,685,694	675,352,672	98.93	7,333,022	1.07	532,343
7: To re-elect Mr Arturo Fernández	676,463,789	666,366,375	98.51	10,097,414	1.49	6,754,248
8: To re-elect Mr Fernando Ruiz	680,064,806	666,956,851	98.07	13,107,955	1.93	3,153,231
9: To re-elect Mr Eduardo Cepeda	683,171,306	679,007,067	99.39	4,164,239	0.61	46,731
10: To re-elect Mr Charles Jacobs	683,171,306	681,835,006	99.80	1,336,300	0.20	46,731
130,576,115**	129,239,815	98.98	1,336,300	1.02	46,731
11: To re-elect Ms Bárbara Garza Lagüera	683,173,406	679,929,593	99.53	3,243,813	0.47	44,631
130,578,215**	127,334,402	97.52	3,243,813	2.48	44,631
12: To re-elect Mr Alberto Tiburcio	683,173,405	671,204,438	98.25	11,968,967	1.75	44,632
130,578,214**	118,609,247	90.83	11,968,967	9.17	44,632
13: To re-elect Dame Judith Macgregor	683,171,306	683,121,658	99.99	49,648	0.01	46,731
130,576,115**	130,526,467	99.96	49,648	0.04	46,731
14: To re-elect Ms Georgina Kessel	683,173,406	682,624,597	99.92	548,809	0.08	44,631
130,578,215**	130,029,406	99.58	548,809	0.42	44,631
15: To re-elect Ms Guadalupe De la Vega	683,171,406	683,120,850	99.99	50,556	0.01	46,631
130,576,215**	130,525,659	99.96	50,556	0.04	46,631
16: To re-elect Mr Hector Rangel	683,169,306	682,620,065	99.92	549,241	0.08	48,731
130,574,115**	130,024,874	99.58	549,241	0.42	48,731
17: To re-appoint the auditors	683,178,909	678,062,621	99.25	5,116,288	0.75	39,128
18: To authorise the audit committee to determine the auditors' remuneration	683,185,110	681,193,866	99.71	1,991,244	0.29	32,422
19: To give authority to Directors allot shares	683,198,068	681,798,240	99.80	1,399,828	0.20	19,969
20: To disapply pre-emption rights	681,984,045	680,621,012	99.80	1,363,033	0.20	1,233,992
21: To disapply pre-emption rights in in connection with an acquisition or other capital investment	683,207,168	678,205,016	99.27	5,002,152	0.73	10,869
22: To authorise purchase of own shares	683,167,269	679,490,656	99.46	3,676,613	0.54	50,768
23: Notice of general meetings	683,182,770	681,721,052	99.79	1,461,718	0.21	35,267
24: To ratify distributions and to give authority to the Board to enter into deeds of release	130,584,567	126,994,713	97.25	3,589,854	2.75	38,281

(*) = 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 Las Casas Rosario & Cluster Cebollitas), Herradura, Soledad-Dipolos1, Noche Buena and San Julián (Veins and Disseminated Ore Body), two development projects - the Pyrites Plant at Fresnillo and Juanicipio, both of which have been completed but approvals to operate are pending, and three advanced exploration projects - Orisyvo, Rodeo and Guanajuato, 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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