M&G plc

ANNUAL GENERAL MEETING 2022 RESULTS

M&G plc (the 'Company') announces that Resolutions 1 to 17 (inclusive) being ordinary resolutions and Resolutions 18 to 21 (inclusive) being special resolutions, which were put to the Annual General Meeting of the Company held on 25 May 2022 at 10:00 ('AGM'), were duly passed and the results of the poll are as follows:


RESOLUTION	VOTES FOR (including discretionary)		VOTES AGAINST		TOTAL VOTES CAST		VOTES WITHHELD
Number of votes	% of votes	Number of votes	% of votes	Total number of votes cast	% of issued share capital
1. Report and Accounts.	1,853,201,047	99.99	244,784	0.01	1,853,445,831	71.78%	1,511,969
2. Directors' Remuneration Report.	1,739,580,756	93.94	112,132,368	6.06	1,851,713,124	71.71%	3,250,913
3. To elect Edward Braham.	1,852,578,032	99.91	1,651,931	0.09	1,854,229,963	71.81%	728,163
4. To elect Kathryn McLeland.	1,849,021,888	99.72	5,210,021	0.28	1,854,231,909	71.81%	730,828
5. To elect Debasish (Dev) Sanyal.	1,853,330,877	99.95	901,077	0.05	1,854,231,954	71.81%	730,783
6. To re-elect John Foley.	1,852,168,702	99.89	2,077,565	0.11	1,854,246,267	71.81%	716,470
7. To re-elect Clive Adamson.	1,832,487,109	98.83	21,755,071	1.17	1,854,242,180	71.81%	720,557
8. To re-elect Clare Chapman.	1,787,729,693	96.41	66,488,074	3.59	1,854,217,767	71.81%	744,970
9. To re-elect Fiona Clutterbuck.	1,588,326,192	85.66	265,924,879	14.34	1,854,251,071	71.81%	711,666
10. To re-elect Clare Thompson.	1,787,773,760	96.42	66,466,231	3.58	1,854,239,991	71.81%	722,746
11. To re-elect Massimo Tosato.	1,808,272,996	97.52	45,968,272	2.48	1,854,241,268	71.81%	721,469
12. To appoint PricewaterhouseCoopers as the auditor of the Company.	1,844,865,648	99.49	9,424,364	0.51	1,854,290,012	71.81%	674,025
13. Auditor's remuneration.	1,854,078,066	99.98	322,244	0.02	1,854,400,310	71.81%	563,727
14. Political donations.	1,840,518,713	99.33	12,498,845	0.67	1,853,017,558	71.76%	1,946,479
15. Climate Transition Plan.	1,447,739,373	79.57	371,601,733	20.43	1,819,341,106	70.45%	35,622,931
16. Authority to allot shares.	1,621,511,789	87.45	232,745,434	12.55	1,854,257,223	71.81%	708,903
17. Authority to allot mandatory convertible securities ("MCS").	1,640,415,238	88.46	213,917,774	11.54	1,854,333,012	71.81%	631,025
18. Authority to disapply pre-emption rights for ordinary shares.	1,651,323,548	89.06	202,892,115	10.94	1,854,215,663	71.81%	748,374
19. Authority to disapply pre-emption rights for MCS issuances.	1,599,314,635	86.25	254,886,191	13.75	1,854,200,826	71.80%	763,211
20. Authority to purchase own shares.	1,846,028,421	99.59	7,683,029	0.41	1,853,711,450	71.79%	1,252,587
21. Notice of general meetings.	1,785,764,412	96.31	68,485,654	3.69	1,854,250,066	71.81%	712,822

There were no restrictions on shareholders to cast votes on any of the resolutions proposed at the AGM. Votes withheld are not votes in law and therefore have not been counted in the calculation of the proportion of the votes for and against a resolution.

As at 18:30 (UK time) on 24 May 2022, the number of issued shares of the Company was 2,557,325,924 ordinary shares, which was the total number of shares entitling the holders to attend and vote 'for' or 'against' all the resolutions at the AGM. In accordance with the Company's Articles of Association, on a poll, every member present in person or by proxy has one vote for every share held.

Pursuant to Listing Rule 9.6.2 of the UK Listing Rules, copies of all resolutions, other than those concerning ordinary business, passed at the AGM on 25 May 2022, will shortly be available to view via the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Statement from the Board - Resolution 15 - 'Say on Climate'

We note the outcome of voting on Resolution 15 - Say on Climate.

The Board of M&G plc believes the climate emergency is real and all companies need to be taking immediate action to address it. As a responsible investor and asset manager, we want the companies in which we invest to publish climate transition plans and to demonstrate best practice by offering shareholders the opportunity to vote on these plans, notwithstanding they will evolve over time. As a public listed company we hold ourselves to the same high standards.

We were one of the first companies in the world to commit to holding a Say on Climate vote and we are pleased that the majority of our shareholders have voted to approve our Say on Climate resolution, recognising that the path to decarbonisation is complex and fast evolving and that open communication with shareholders supports engagement by companies as well as providing transparency.

We will reflect on the feedback we already have from shareholders and continue to engage with shareholders proactively and transparently. In line with the UK Corporate Governance Code, we will provide an update within six months of this Meeting.

Contact:

Alan Porter, General Counsel and Company Secretary - 020 8162 4064

Helen Archbold, Projects Lead and Business Manager - 0208 8162 0057

LEI: 254900TWUJUQ44TQJY84

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