Result of AGM

Legal & General Group Plc

18 May 2023

 

 

RESULTS OF ANNUAL GENERAL MEETING HELD ON 18 MAY 2023

Legal & General Group Plc announces that at its Annual General Meeting held today at the British Medical Association, BMA House, Tavistock Square, Bloomsbury, London, WC1H 9JZ all of the resolutions proposed in the Notice of the Meeting were passed by shareholders by means of a poll vote.

The votes cast were as follows:

Resolution	For 1		Against		Votes Withheld 2
	No. of shares1	%	No. of shares	%
Resolution 1 Receipt of financial statements for the year ended 31 December 2022	3,798,553,727	99.96	1,485,006	0.04	20,959,151
Resolution 2 Declaration of a final dividend of 13.93p per ordinary share	3,782,325,570	99.01	37,670,998	0.99	1,003,836
Resolution 3 Approval of Climate Transition Plan	3,642,505,939	97.70	85,840,659	2.30	92,651,286
Resolution 4 Election of Carolyn Johnson as a Director	3,815,537,624	99.98	921,831	0.02	4,540,949
Resolution 5 Election of Tushar Morzaria as a Director	3,761,562,417	98.98	38,761,527	1.02	20,666,460
Resolution 6 Re-election of Henrietta Baldock as a Director	3,780,908,676	98.99	38,694,204	1.01	1,397,524
Resolution 7 Re-election of Nilufer von Bismarck as a Director	3,784,650,208	99.09	34,936,112	0.91	1,404,084
Resolution 8 Re-election of Philip Broadley as a Director	3,777,934,517	98.99	38,566,380	1.01	4,486,987
Resolution 9 Re-election of Jeff Davies as a Director	3,808,556,209	99.71	10,950,710	0.29	1,456,965
Resolution 10 Re-election of Sir John Kingman as a Director	3,773,325,565	99.21	30,114,336	0.79	17,550,503
Resolution 11 Re-election of Lesley Knox as a Director	3,713,074,375	97.21	106,522,590	2.79	1,400,919
Resolution 12 Re-election of George Lewis as a Director	3,780,998,339	98.99	38,562,797	1.01	1,419,282
Resolution 13 Re-election of Ric Lewis as a Director	3,780,996,007	98.99	38,578,468	1.01	1,400,943
Resolution 14 Re-election of Laura Wade-Gery as a Director	3,780,826,844	98.98	38,776,576	1.02	1,381,984
Resolution 15 Re-election of Sir Nigel Wilson as a Director	3,817,786,030	99.95	1,784,206	0.05	1,420,168
Resolution 16 Re-appointment of KPMG LLP as auditors	3,717,829,713	97.33	101,836,500	2.67	1,275,670
Resolution 17 To authorise the Audit Committee, on behalf of the Board, to determine the Auditors' remuneration	3,768,772,832	98.67	50,988,930	1.33	1,221,176
Resolution 18 Approval of Remuneration Policy	3,646,065,245	95.46	173,407,374	4.54	1,515,264
Resolution 19 Approval of Remuneration Report	3,655,778,819	95.71	163,680,654	4.29	1,524,911
Resolution 20 Approval of Directors' Fee Limit	3,801,893,530	99.55	17,244,749	0.45	1,858,624
Resolution 21 Authority to allot equity shares	3,744,802,142	98.04	74,917,275	1.96	1,251,974
Resolution 22 Authority to allot shares in respect of Contingent Convertible Securities (CCS)	3,757,627,938	98.37	62,103,731	1.63	1,258,734
Resolution 23 Authority to make political donations	3,752,720,857	98.24	67,411,927	1.76	850,153
Resolution 24* Disapplication of pre-emption rights	3,778,182,933	98.92	41,329,097	1.08	1,465,543
Resolution 25* Additional authority to disapply pre-emption rights	3,750,785,863	98.20	68,759,299	1.80	1,436,722
Resolution 26* Additional authority to disapply pre-emption rights in connection with CCS	3,740,417,862	97.93	79,122,530	2.07	1,437,991
Resolution 27* Authority to purchase own shares	3,749,487,801	98.19	69,018,196	1.81	2,468,420
Resolution 28* Authority to call general meetings (other than an AGM) on not less than 14 clear days' notice	3,521,329,890	92.19	298,312,413	7.81	1,332,114

Notes:

1          The 'for' votes include those giving the Chair discretion.

2          A vote 'withheld' is not a vote in law and is not counted in the calculation of the votes 'for' and 'against' each resolution.

3          Votes 'for' and 'against' are expressed as a percentage of the votes received.

4          Voting was conducted by poll.

5          The total number of votes cast was 3,820,132,784 representing 63.95% of voting capital as at 16 May 2023.  At the close of business on 16 May 2023, the issued share capital of the Company was 5,973,392,412 ordinary shares (no shares are held in Treasury).  

*           Denotes a Special Resolution.

The full text of the resolutions can be found in the Notice of Annual of General Meeting which is available for inspection at the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism and also on the Company's website at https://www.legalandgeneralgroup.com/investors/shareholder-centre/agm/

In accordance with Listing Rules 9.6.3(1) and 9.6.18 a copy of the resolutions passed (other than those concerning ordinary business) will shortly be submitted to the National Storage Mechanism and will also be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Name of person making notification:	Leanne Cornish
Contact number:	020 3124 4111
Date of notification:	18 May 2023

 

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