Result of AGM

19 April 2017

XP Power Limited
(“XP Power” or “the Company”)

Result of Annual General Meeting

The Annual General Meeting of XP Power Limited was held at 401 Commonwealth Drive, Haw Par Technocentre, Lobby B, #02-02, Singapore 149598 on 19 April 2017, commencing at 5.00 p.m. Singapore time. All resolutions were unanimously passed by show of hands.

For information, the following table shows the votes cast by proxy voting. The total number of shares in issue was 19,242,296.

Resolution number and description		In Favour / Discretion		Against Votes		Withheld Votes
		Votes	%		%
1	To receive and adopt the reports and audited accounts.	14,597,378	100.0%	0	0.00%	0
2	To approve a final dividend.	14,597,378	100.0%	0	0.00%	0
3	To re-elect James Edward Peters as a Director of the Company.	14,329,562	98.8%	176,527	1.22%	91,287
4	To re-elect Andy Sng Seng Kok as a Director of the Company.	14,552,378	100.0%	0	0.00%	45,000
5	To re-elect Terence Twigger as a Director of the Company.	14,554,378	100.0%	0	0.00%	43,000
6	To re-elect Peter Alfred Bucher as a Director of the Company.	14,554,378	100.0%	0	0.00%	43,000
7	To re-elect Mike R. Laver as a Director of the Company.	14,554,878	100.0%	0	0.00%	42,500
8	To re-elect Duncan John Penny as a Director of the Company.	14,554,378	100.0%	0	0.00%	43,000
9	To re-elect Jonathan Simon Rhodes-Hole as a Director of the Company.	14,554,378	100.0%	0	0.00%	43,000
10	To re-elect Polly Ann Williams as a Director of the Company.	14,197,807	97.5%	357,070	2.45%	42,500
11	To re-appoint PricewaterhouseCoopers LLP as auditors.	14,535,582	99.6%	61,795	0.42%	0
12	To authorise Directors to set the auditors' remuneration.	14,595,634	100.0%	1,744	0.01%	0
13	To approve the Remuneration Policy.	14,034,082	96.2%	561,028	3.84%	2,266
14	To approve the Remuneration Report.	13,161,504	90.5%	1,373,868	9.45%	62,003
15	To approve the XP Power Limited Long Term Incentive Plan 2017	14,036,112	96.2%	560,498	3.84%	266
16	To authorise Directors to allot shares.	14,572,723	99.8%	22,389	0.15%	2,266
17	To amend Article 96.1 – Directors’ Fees	13,301,407	91.4%	1,250,990	8.60%	44,980
18	To amend Article 5 – Pre emption Rights	14,551,868	100.0%	530	0.00%	44,980
19	To authorise the disapplication of pre-emption rights	14,551,768	99.7%	43,130	0.30%	2,480
20	To authorise the purchase of own shares.	14,535,976	99.6%	61,401	0.42%	0

Note: Percentage of votes cast excludes withheld votes

Enquiries:

XP Power
Jonathan Rhodes, Finance Director  [phone]