Result of AGM

TBC Bank Group PLC

25 May 2023

 

TBC Bank Group PLC

(the "Company")

Result of AGM

The Annual General Meeting of the Company was held at 10:00 am on 25 May 2023 at the offices of Baker McKenzie, 100 New Bridge Street, London EC4V 6JA. All resolutions presented at the AGM were put to the meeting on a poll and all were passed with the requisite majority. The full results are detailed below.

N	Resolution	Votes for	% of votes cast	Votes against	% of votes cast	Total votes	% of issued share capital voted	Votes withheld
1	To receive the annual report and accounts	41,715,251	100.00%	358	0.00%	41,715,609	75.86	371,103
2	To approve the directors' remuneration report	40,094,226	98.88%	453,708	1.12%	40,547,934	73.74	1,538,778
3	To reappoint Arne Berggren as a director	40,993,206	97.40%	1,092,931	2.60%	42,086,137	76.53	575
4	To reappoint Vakhtang Butskhrikidze as a director	42,068,551	99.96%	17,911	0.04%	42,086,462	76.53	250
5	To reappoint Tsira Kemularia as a director	41,814,007	99.35%	272,161	0.65%	42,086,168	76.53	544
6	To reappoint Per Anders Fasth as a director	41,797,985	99.32%	287,948	0.68%	42,085,933	76.53	779
7	To reappoint Thymios P. Kyriakopoulos as a director	41,811,710	99.35%	274,223	0.65%	42,085,933	76.53	779
8	To reappoint Eran Klein as a director	41,694,581	99.89%	44,494	0.11%	41,739,075	75.90	347,637
9	To reappoint Venera Suknidze as a director	41,469,160	98.53%	616,977	1.47%	42,086,137	76.53	575
10	To reappoint Rajeev Sawhney as a director	41,723,194	99.14%	362,739	0.86%	42,085,933	76.53	779
11	To appoint Janet Heckman as a director	42,067,920	99.96%	18,013	0.04%	42,085,933	76.53	779
12	To declare a final dividend	42,086,412	100.00%	19	0.00%	42,086,431	76.53	281
13	To reappoint PricewaterhouseCoopers LLP as the Company's auditor	39,747,785	94.44%	2,338,352	5.56%	42,086,137	76.53	575
14	To authorise the Audit Committee to determine the auditor's remuneration	41,760,302	99.23%	325,267	0.77%	42,085,569	76.53	1,143
15	To give authority to allot securities up to a specified amount	41,539,131	98.70%	546,426	1.30%	42,085,557	76.53	1,155
16	To disapply statutory pre-emption rights	39,622,444	94.15%	2,462,718	5.85%	42,085,162	76.53	1,550
17	To give authority to make market purchases of the Company's shares	41,733,339	99.18%	346,958	0.82%	42,080,297	76.52	6,415
18	To permit General Meetings on not less than 14 clear days' notice	38,808,709	92.21%	3,277,474	7.79%	42,086,183	76.53	529

NOTES

1. Votes "For" and "Against" are expressed as a percentage of votes cast.

2. Votes "For" include discretionary votes.

3. A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.

4. The total number of shares in issue is 54,991,419 ordinary shares of £0.01. Ordinary shareholders are entitled to one vote per share held.

5. To view the full wording of the resolutions, please refer to the 2023 Notice of Annual General Meeting on the Company's website, www.tbcbankgroup.com.

6. In accordance with the UK Financial Conduct Authority's Listing Rule 9.6.2, copies of all the resolutions passed other than resolutions concerning ordinary business have been submitted to the UK Financial Conduct Authority via the National Storage Mechanism and will shortly be available for inspection at the National Storage Mechanism located at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

For further enquiries, please contact:

Director of Investor Relations and International Media

Andrew Keeley

Or

Head of Investor Relations

Anna Romelashvili

[e-mail]

About TBC Bank Group PLC ("TBC PLC")

TBC Bank Group PLC ("TBC PLC") is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank ("TBC Bank") and a group of companies that principally operate in Georgia in the financial sector. TBC PLC also offers non-financial services via TNET, the largest digital ecosystem in Georgia. Since 2019, TBC PLC has expanded its operations into Uzbekistan by operating fast growing retail digital financial services in the country. TBC PLC is listed on the London Stock Exchange under the symbol TBCG and is a constituent of the FTSE 250 Index. It is also a member of the FTSE4Good Index Series and the MSCI United Kingdom Small Cap Index.

TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia, with a total market share of 39.1% of customer loans and 39.3% of customer deposits as of 31 March 2023, according to data published by the National Bank of Georgia.

 

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