Renishaw PLC — AGM Information 2020

Sep 30, 2020

National Storage Mechanism | Additional information

RNS Number : 6395A

Renishaw PLC

30 September 2020

Renishaw plc (the "Company")

Results of Annual General Meeting 2020

All resolutions proposed at the Annual General Meeting ("AGM") held on 30 September 2020 were duly passed on a poll. Resolutions 1 to 14 were passed as ordinary resolutions and resolution 15 was passed as a special resolution. The result of the poll is as follows:

Resolution	Votes For	%	Votes Against	%	Votes Total	% of ISC1 Voted Excl Withheld	Votes Withheld2
1.     Receive the reports of directors and financial statements	62,891,203	97.97%	1,304,416	2.03%	64,195,619	88.19%	789,455
2.     Approve the remuneration policy	59,462,931	92.78%	4,627,677	7.22%	64,090,608	88.05%	894,466
3.     Approve the remuneration report	63,588,672	97.87%	1,382,462	2.13%	64,971,134	89.26%	13,940
4.     Increase the maximum fees that may be paid to directors	64,757,638	99.70%	195,381	0.30%	64,953,019	89.24%	32,056
5.     Re-elect David McMurtry as a director	48,369,245	75.02%	16,108,356	24.98%	64,477,601	88.58%	507,474
6.     Re-elect John Deer as a director	48,836,597	75.68%	15,690,503	24.32%	64,527,100	88.65%	457,974
7.     Re-elect Will Lee as a director	64,668,224	99.60%	258,593	0.40%	64,926,817	89.20%	58,258
8.     Re-elect Allen Roberts as a director	64,439,420	99.34%	426,405	0.66%	64,865,825	89.12%	58,258
9.     Re-elect Carol Chesney as a director	63,151,639	97.27%	1,775,755	2.73%	64,927,394	89.20%	57,681
10.   Re-elect Catherine Glickman as a director	60,953,034	95.18%	3,088,454	4.82%	64,041,488	87.98%	943,586
11.   Re-elect David Grant as a director	62,461,782	97.53%	1,581,142	2.47%	64,042,924	87.98%	942,151
12.   Re-elect John Jeans as a director	63,346,534	97.57%	1,579,783	2.43%	64,926,317	89.20%	58,758
13.   Re-appoint Ernst & Young LLP as auditors	64,920,028	99.98%	15,410	0.02%	64,935,438	89.21%	49,637
14.   Authorise the audit committee to determine the auditors' remuneration	64,974,436	99.99%	8,270	0.01%	64,982,706	89.28%	2,369
15.   Authorise the Company to purchase its own shares3	64,635,360	99.47%	343,928	0.53%	64,979,288	89.27%	5,786

1 Issued Share Capital.

2 A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution.

3 Special resolution requiring 75% majority.

Votes of independent shareholders on the resolutions concerning the election or re-election of the independent Non-executive Directors
9.     Re-elect Carol Chesney as a director	24,698,380	93.29%	1,775,755	6.71%	26,474,135	77.10%	57,681
10.   Re-elect Catherine Glickman as a director	22,499,775	87.93%	3,088,454	12.07%	25,588,229	74.52%	943,586
11.   Re-elect David Grant as a director	24,008,523	93.82%	1,581,142	6.18%	25,589,665	74.53%	942,151
12.   Re-elect John Jeans as a director	24,893,275	94.03%	1,579,783	5.97%	26,473,058	77.10%	58,758

In accordance with Listing Rule 9.2.2E, resolutions 9 to 12 inclusive were approved by: (a) the shareholders of the Company; and (b) the independent shareholders of the Company.

The total voting rights of the Company on the day on which shareholders had to be on the register in order to be eligible to vote was 72,788,543.

In accordance with Listing Rule 9.6.2R, a copy of resolution 15, which was passed as a special resolution, has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

At the 2020 AGM, the Board was again pleased that the majority of resolutions were passed with a high level of support from shareholders. The Board has considered the votes against resolutions 5, the re-election of Sir David McMurtry (24.98%) and 6, the re-election of John Deer (24.32%). In order to better understand the reasons for these votes against, the Board has considered the views of shareholders and proxy voting agencies as to voting and voting recommendations respectively (where these had been made available to the Company for the 2020 AGM, including through engagement with the General Counsel and Company Secretary or through the year via the Senior Independent Director). The Board will continue to engage with shareholders to understand their views on this and any other significant matters at AGMs and the annual Investor Days, which include Q&A sessions with the Board. There are also Q&A sessions with the Executive Chairman, Chief Executive and Group Finance Director as part of the full and half-year results webcasts.

Renishaw plc

30 September 2020

Registered office:	New Mills, Wotton-under-Edge, Gloucestershire, GL12 8JR
Registered number:	01106260, England and Wales
LEI:	21380048ADXM6Z67CT18
Contact name:	Jacqueline Conway
Contact telephone:	01453 524524

www.renishaw.com

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