Result of AGM

Airtel Africa PLC

03 July 2024

 

Airtel Africa plc

("Airtel Africa", or the "Company")

RESULT OF AGM

RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING (AGM)

The Directors of Airtel Africa plc are pleased to announce that at its Annual General Meeting held on Wedneday 3 July 2024 at First Floor, 53/54 Grosvenor Street, London, W1K 3HU, United Kingdom, all the proposed resolutions as set out in the Notice of Annual General Meeting were passed on a poll of votes. The results of the poll for each resolution were as follows:

RESOLUTION	DESCRIPTION	VOTES FOR	% FOR	VOTES AGAINST	% AGAINST	VOTES TOTAL	% of ISC VOTED	VOTES WITHHELD
RESOLUTION 01	ACCOUNTS AND REPORTS	3,394,483,046	100.00%	26,067	0.00%	3,394,509,113	90.84%	1,049,924
RESOLUTION 02	REMUNERATION REPORT	3,038,332,811	93.18%	222,412,772	6.82%	3,260,745,583	87.26%	134,813,454
RESOLUTION 03	FINAL DIVIDEND	3,395,529,729	100.00%	15,322	0.00%	3,395,545,051	90.87%	13,986
RESOLUTION 04	RE-ELECT SUNIL B. MITTAL	3,183,806,695	93.76%	211,727,568	6.24%	3,395,534,263	90.87%	24,774
RESOLUTION 05	ELECT S.  TALDAR	3,381,977,917	99.60%	13,556,346	0.40%	3,395,534,263	90.87%	24,774
RESOLUTION 06	RE-ELECT J. PAUL	3,381,905,162	99.60%	13,629,101	0.40%	3,395,534,263	90.87%	24,774
RESOLUTION 07	RE-ELECT A. GREEN	3,338,115,086	98.31%	57,419,177	1.69%	3,395,534,263	90.87%	24,774
RESOLUTION 08	ELECT P.ARKWRIGHT	3,394,985,002	99.98%	549,261	0.02%	3,395,534,263	90.87%	24,774
RESOLUTION 09	RE-ELECT A.AJUMOGOBIA	3,365,973,786	99.13%	29,560,477	0.87%	3,395,534,263	90.87%	24,774
RESOLUTION 10	RE-ELECT T.GEBREYES	3,329,319,053	98.05%	66,215,210	1.95%	3,395,534,263	90.87%	24,774
RESOLUTION 11	RE-ELECT A. POUTIAINEN	3,384,897,232	99.69%	10,637,031	0.31%	3,395,534,263	90.87%	24,774
RESOLUTION 12	RE-ELECT R. RAJAGOPAL	3,340,218,847	98.37%	55,315,416	1.63%	3,395,534,263	90.87%	24,774
RESOLUTION 13	RE-ELECT A. GUPTA	3,392,027,776	99.90%	3,506,487	0.10%	3,395,534,263	90.87%	24,774
RESOLUTION 14	RE-ELECT SHRAVIN B MITTAL	3,392,019,633	99.90%	3,514,630	0.10%	3,395,534,263	90.87%	24,774
RESOLUTION 15	REAPPOINT AUDITOR	3,395,448,087	100.00%	88,125	0.00%	3,395,536,212	90.87%	22,825
RESOLUTION 16	REMUNERATION OF AUDITOR	3,395,508,860	100.00%	21,121	0.00%	3,395,529,981	90.87%	29,056
RESOLUTION 17	POLITICAL DONATIONS	3,256,140,232	99.86%	4,673,002	0.14%	3,260,813,234	87.27%	134,745,803
RESOLUTION 18	ALLOT SHARES IN COMPANY	3,255,086,662	99.82%	5,734,043	0.18%	3,260,820,705	87.27%	134,738,332
RESOLUTION 19	PRE-EMPTION RIGHTS	3,260,425,368	99.99%	380,520	0.01%	3,260,805,888	87.27%	134,753,149
RESOLUTION 20	MAKE MARKET PURCHASES	3,245,283,773	99.54%	15,011,310	0.46%	3,260,295,083	87.25%	135,263,954
RESOLUTION 21	CALL GENERAL MEETING	3,375,325,724	99.40%	20,218,811	0.60%	3,395,544,535	90.87%	14,502

Subject to rule 9.2.2E of the UK Listing Rules, the election of the Independent non-executive directors must be approved by a majority vote of both the independent shareholders (i.e. shareholders of the Company, other than the Company's controlling shareholder, who are entitled to vote on the election of Directors), and the shareholders as a whole. Therefore, the below table displays the votes for the election of the Independent non-executive directors excluding the votes of the controlling shareholder:

INDEPENDENT VOTE
RESOLUTION	DESCRIPTION	VOTES FOR	% FOR	VOTES AGAINST	% AGAINST	VOTES TOTAL	% of ISC VOTED	VOTES WITHHELD
RESOLUTION 07	RE-ELECT A. GREEN	1,233,006,271	95.55%	57,419,177	4.45%	1,290,425,448	79.09%	24,774
RESOLUTION 08	ELECT P.ARKWRIGHT	1,289,876,187	99.96%	549,261	0.04%	1,290,425,448	79.09%	24,774
RESOLUTION 09	RE-ELECT A.AJUMOGOBIA	1,260,864,971	97.71%	29,560,477	2.29%	1,290,425,448	79.09%	24,774
RESOLUTION 10	RE-ELECT T.GEBREYES	1,224,210,238	94.87%	66,215,210	5.13%	1,290,425,448	79.09%	24,774
RESOLUTION 11	RE-ELECT A. POUTIAINEN	1,279,788,417	99.18%	10,637,031	0.82%	1,290,425,448	79.09%	24,774
RESOLUTION 12	RE-ELECT R. RAJAGOPAL	1,235,110,032	95.71%	55,315,416	4.29%	1,290,425,448	79.09%	24,774

Notes:

1.     Full details of the resolutions are set out in the Notice of Annual General Meeting dated 7 June 2024 which is available on the Investor area of Company's website at www.airtel.africa.

2.     Resolutions 1 to 18 were ordinary resolutions, requiring more than 50% of shareholders' votes to be cast in favour of the resolutions. Resolutions 19 to 21 were special resolutions, requiring at least 75% of shareholders' votes to be cast in favour of the resolutions.

3.     Votes 'For' include those votes giving the Chairman discretion.

4.     Every shareholder has one vote for every ordinary share held. As at 6.30pm on 1 July 2024, the issued share capital of the Company consisted of 3,736,669,688 ordinary shares. The Company holds no shares in Treasury. Therefore, the total number of voting rights in Airtel Africa as at 1 July 2024 was 3,736,669,688.

5.     A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "Total issued share capital instructed" for any resolution.

6.     A copy of resolutions 18 and 21 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

-ENDS-

Enquiries

Airtel Africa - Investor Relations Alastair Jones [e-mail]	[phone] [phone]
Airtel Africa - Group Company Secretary Simon O'Hara	[phone]

About Airtel Africa

Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily in East Africa and Central and West Africa.

Airtel Africa offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally.

The Group aims to continue providing a simple and intuitive customer experience through streamlined customer journeys.

www.airtel.africa

 

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