REG - Unilever PLC - Result of AGM

UnileverAnnouncement

01/05/2024 16:15

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RNS Number : 8845M  Unilever PLC  01 May 2024

London, 1 May 2024

 

 

UNILEVER PLC

 

RESULTS OF ANNUAL GENERAL MEETING

 

 

 

Unilever PLC shareholders today approved each of the resolutions put to the
2024 Annual General Meeting. Resolutions 1 to 17 were passed as ordinary
resolutions and resolutions 18 to 22 were passed as special resolutions.
Voting was by poll on each resolution and the results are set out below.

 

 

BOARD APPOINTMENTS

 

The following directors stood for election or re-election and were duly
elected or re-elected by the shareholders of Unilever PLC:

 

Fernando Fernandez, Adrian Hennah, Andrea Jung, Susan Kilsby, Ruby Lu, Judith
McKenna, Ian Meakins, Nelson Peltz and Hein Schumacher.

 

 

POLL RESULTS - ANNUAL GENERAL MEETING 1 MAY 2024

 

 

                                                                                 TOTAL VOTES FOR  %       TOTAL VOTES AGAINST  %      TOTAL VOTES CAST  % OF SHARE CAPITAL VALIDLY CAST VOTED FOR AND AGAINST  VOTES WITHHELD
 1. To receive the Reports and Accounts for the year ended 31 December 2023      1,800,729,225    99.45%  9,966,995            0.55%  1,810,696,220     72.35%                                                 3,481,866
 2. To approve the Directors' Remuneration Report                                1,774,251,126    97.96%  36,962,423           2.04%  1,811,213,549     72.37%                                                 2,966,904
 3. To approve the Directors' Remuneration Policy                                1,769,512,007    97.69%  41,749,811           2.31%  1,811,261,818     72.37%                                                 2,918,626
 4.To approve the Climate Transition Action Plan                                 1,659,769,519    97.59%  41,001,833           2.41%  1,700,771,352     67.96%                                                 113,395,016
 5. To elect Fernando Fernandez as a Director                                    1,808,673,411    99.77%  4,108,371            0.23%  1,812,781,782     72.43%                                                 1,395,610
 6. To re-elect Adrian Hennah as a Director                                      1,705,872,213    94.16%  105,743,176          5.84%  1,811,615,389     72.39%                                                 2,564,082
 7. To re-elect Andrea Jung as a Director                                        1,779,071,833    98.21%  32,469,478           1.79%  1,811,541,311     72.38%                                                 2,632,754
 8. To re-elect Susan Kilsby as a Director                                       1,806,649,018    99.67%  5,980,303            0.33%  1,812,629,321     72.43%                                                 1,550,150
 9. To re-elect Ruby Lu as a Director                                            1,793,283,012    99.43%  10,242,062           0.57%  1,803,525,074     72.06%                                                 10,654,268
 10. To elect Ian Meakins as a Director                                          1,785,432,531    98.61%  25,251,509           1.39%  1,810,684,040     72.35%                                                 3,496,208
 11. To elect Judith McKenna as a Director                                       1,810,541,577    99.89%  2,053,978            0.11%  1,812,595,555     72.43%                                                 1,583,827
 12. To re-elect Nelson Peltz as a Director                                      1,786,458,851    98.55%  26,257,254           1.45%  1,812,716,105     72.43%                                                 1,463,200
 13. To re-elect Hein Schumacher as a Director                                   1,808,470,703    99.76%  4,348,673            0.24%  1,812,819,376     72.44%                                                 1,358,500
 14. To reappoint KPMG LLP as Auditors of the Company                            1,791,600,664    98.88%  20,211,645           1.12%  1,811,812,309     72.40%                                                 2,367,156
 15. To authorise the Directors to fix the remuneration of the Auditor           1,809,554,441    99.88%  2,238,563            0.12%  1,811,793,004     72.39%                                                 2,385,562
 16. To authorise Political Donations and expenditure                            1,774,391,901    98.34%  29,900,923           1.66%  1,804,292,824     72.10%                                                 9,887,318
 17. To authorise the Directors to allot shares                                  1,740,915,807    96.04%  71,823,507           3.96%  1,812,739,314     72.43%                                                 1,441,372
 18. To authorise the Directors to disapply pre-emption rights                   1,784,960,145    98.50%  27,178,616           1.50%  1,812,138,761     72.41%                                                 2,040,710
 19. To authorise the Directors to disapply pre-emption rights for the purposes  1,782,126,412    98.33%  30,191,118           1.67%  1,812,317,530     72.42%                                                 1,861,941
 of acquisitions or capital investments
 20. To authorise the Company to purchase its own shares                         1,809,085,300    99.81%  3,404,753            0.19%  1,812,490,053     72.42%                                                 1,690,633
 21. To authorise the Directors to call General Meetings (other than an AGM) on  1,699,190,110    93.75%  113,185,068          6.25%  1,812,375,178     72.42%                                                 1,803,565
 14 clear days' notice
 22. Adoption of new Articles of Association.                                    1,809,436,070    99.92%  1,486,543            0.08%  1,810,922,613     72.36%                                                 3,255,671

 

 

 

NOTES:

- The 'For' vote includes votes given at the Chairman's discretion and details
of proxy votes cast are included in the table above.

- As at close of business on 30 April 2024 the total number of issued ordinary
shares of Unilever PLC was 2,521,497,338. Of those ordinary shares, 16,181,572
were held as treasury shares and 2,665,283 ordinary shares (including ordinary
shares represented by Unilever PLC ADSs) were held by or on behalf of
companies in the Unilever Group (the "Unilever Group Shares"). The voting
rights attaching to the Unilever Group Shares are not exercisable. Therefore,
as at 11.30am on 1 May 2024, the total number of Unilever PLC ordinary shares
with exercisable voting rights was 2,502,650,483.

 

A 'Vote withheld' is not a vote in law and will not be counted in the
calculation of the proportion of the votes 'for' and 'against' a resolution.

 

In accordance with Listing Rule 9.6.2 copies of all the resolutions passed,
other than ordinary business, will be submitted to and available for
inspection at the National Storage Mechanism and will shortly be available for
inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .  A copy of the
resolutions can also be found in the Chairman's Letter and Notice of Meeting
which is available on our website: www.unilever.com/AGM
(http://www.unilever.com/AGM)

 

 

1 May 2024

 

 

Cautionary Statement:

This announcement may contain forward-looking statements, including
'forward-looking statements' within the meaning of the United States Private
Securities Litigation Reform Act of 1995, concerning the financial condition,
results of operations and businesses of the Unilever Group (the 'Group'). All
statements other than statements of historical fact are, or may be deemed to
be, forward-looking statements. Words and terminology such as 'will', 'aim',
'expects', 'anticipates', 'intends', 'looks', 'believes', 'vision',
'ambition', 'target', 'goal', 'plan', 'potential', 'work towards', 'may',
'milestone', 'objectives', 'outlook', 'probably', 'project', 'risk', 'seek',
'continue', 'projected', 'estimate', 'achieve' or the negative of these terms,
and other similar expressions of future performance, results, actions or
events, and their negatives, are intended to identify such forward-looking
statements. Forward-looking statements also include, but are not limited to,
statements and information regarding Unilever's acceleration of its Growth
Action Plan, Unilever's portfolio optimisation towards global or scalable
brands, the capabilities and potential of such brands, the various aspects of
the separation of the Ice Cream business and its future operational model,
strategy, growth potential, performance and returns, Unilever's productivity
programme, its impacts and cost savings over the next three years and
operation dis-synergies from the separation of the Ice Cream business, the
Group's emissions reduction targets and other climate change related matters
(including actions, potential impacts and risks associated therewith).
Forward-looking statements can be made in writing but also may be made
verbally by directors, officers and employees of the Group (including during
management presentations) in connection with this announcement. These
forward-looking statements are based upon current beliefs, expectations and
assumptions regarding anticipated developments and other factors affecting the
Group. They are not historical facts, nor are they guarantees of future
performance or outcomes. All forward-looking statements contained in this
announcement are expressly qualified in their entirety by the cautionary
statements contained or referred to in this section. Readers should not place
undue reliance on forward-looking statements.

Because these forward-looking statements involve known and unknown risks and
uncertainties, a number of which may be beyond the Group's control, there are
important factors that could cause actual results to differ materially from
those expressed or implied by these forward-looking statements. Among other
risks and uncertainties, the material or principal factors which could cause
actual results to differ materially from the forward-looking statements
expressed in this announcement are: Unilever's ability to successfully
separate the Ice Cream business and realise the anticipated benefits of the
separation; Unilever's ability to successfully execute and consummate its
productivity programme in line with expected costs to achieve expected
savings; Unilever's global brands not meeting consumer preferences; Unilever's
ability to innovate and remain competitive; Unilever's investment choices in
its portfolio management; the effect of climate change on Unilever's business;
Unilever's ability to find sustainable solutions to its plastic packaging;
significant changes or deterioration in customer relationships; the
recruitment and retention of talented employees; disruptions in Unilever's
supply chain and distribution; increases or volatility in the cost of raw
materials and commodities; the production of safe and high quality products;
secure and reliable IT infrastructure; execution of acquisitions, divestitures
and business transformation projects; economic, social and political risks and
natural disasters; financial risks; failure to meet high and ethical
standards; and managing regulatory, tax and legal matters.

The forward-looking statements are based on our beliefs, assumptions and
expectations of our future performance, taking into account all information
currently available to us. Forward-looking statements are not predictions of
future events. These beliefs, assumptions, and expectations can change as a
result of many possible events or factors, not all of which are known to us.
If a change occurs, our business, financial condition, liquidity and results
of operations may vary materially from those expressed in our forward-looking
statements.

The forward-looking statements speak only as of the date of this announcement.
Except as required by any applicable law or regulation, the Group expressly
disclaims any intention, obligation or undertaking to release publicly any
updates or revisions to any forward-looking statements contained herein to
reflect any change in the Group's expectations with regard thereto or any
change in events, conditions or circumstances on which any such statement is
based. New risks and uncertainties arise over time, and it is not possible for
us to predict those events or how they may affect us. In addition, we cannot
assess the impact of each factor on our business or the extent to which any
factor, or combination of factors, may cause actual results to differ
materially from those contained in any forward-looking statements.

Further details of potential risks and uncertainties affecting the Group are
described in the Group's filings with the London Stock Exchange, Euronext
Amsterdam and the US Securities and Exchange Commission, including in the
Annual Report on Form 20-F 2023 and the Unilever Annual Report and Accounts
2023.

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