Last checked at 17 May 2023 14:46
FOR IMMEDIATE RELEASE | 17 May 2023 |
WPP PLC ("WPP")
Results of AGM
Following its Annual General Meeting (AGM) held at 11.00am on Wednesday 17 May 2023, WPP plc (WPP) announces the results of the poll vote for each resolution set out in the Notice of AGM. The full text of the resolutions proposed at the AGM is included in WPP's Notice of AGM published on 23 March 2023, which is available on WPP's website at: www.wpp.com/investors.
Resolutions 1 to 18 were passed as ordinary resolutions and resolutions 19 to 21 were passed as special resolutions.
The following table shows the votes cast on each resolution:
Resolution | Total Votes For | % | Total Votes Against | % | Total Votes Cast | Votes Withheld |
1 Ordinary Resolution to receive the 2022 Annual Report and Accounts | 898,177,452 | 99.53% | 4,225,472 | 0.47% | 902,402,924 | 864,265 |
2 Ordinary Resolution to declare a final dividend | 901,095,636 | 99.77% | 2,094,037 | 0.23% | 903,189,673 | 78,809 |
3 Ordinary Resolution to approve the Compensation Committee report | 847,942,111 | 93.89% | 55,150,578 | 6.11% | 903,092,689 | 175,793 |
4 Ordinary Resolution to approve the Directors' Compensation Policy | 827,195,868 | 91.60% | 75,887,013 | 8.40% | 903,082,881 | 185,601 |
5 Ordinary Resolution to elect Joanne Wilson as a Director | 901,256,094 | 99.79% | 1,876,823 | 0.21% | 903,132,917 | 135,565 |
6 Ordinary Resolution to re-elect Angela Ahrendts DBE as a Director | 837,679,667 | 92.75% | 65,451,340 | 7.25% | 903,131,007 | 137,475 |
7 Ordinary Resolution to re-elect Simon Dingemans as a Director | 811,333,389 | 96.51% | 29,341,021 | 3.49% | 840,674,410 | 62,594,072 |
8 Ordinary Resolution to re-elect Sandrine Dufour as a Director | 893,936,461 | 99.35% | 5,828,789 | 0.65% | 899,765,250 | 3,503,232 |
9 Ordinary Resolution to re-elect Tom Ilube CBE as a Director | 895,836,363 | 99.19% | 7,286,834 | 0.81% | 903,123,197 | 145,285 |
10 Ordinary Resolution to re-elect Roberto Quarta as a Director | 879,278,332 | 97.36% | 23,853,000 | 2.64% | 903,131,332 | 137,150 |
11 Ordinary Resolution to re-elect Mark Read as a Director | 900,378,106 | 99.70% | 2,750,146 | 0.30% | 903,128,252 | 140,230 |
12 Ordinary Resolution to re-elect Cindy Rose OBE as a Director | 896,465,480 | 99.26% | 6,654,567 | 0.74% | 903,120,047 | 148,435 |
13 Ordinary Resolution to re-elect Keith Weed CBE as a Director | 898,194,742 | 99.45% | 4,928,901 | 0.55% | 903,123,643 | 144,839 |
14 Ordinary Resolution to re-elect Jasmine Whitbread as a Director | 834,394,828 | 99.25% | 6,283,012 | 0.75% | 840,677,840 | 62,590,642 |
15 Ordinary Resolution to re-elect Dr. Ya-Qin Zhang as a Director | 901,957,298 | 99.87% | 1,168,514 | 0.13% | 903,125,812 | 142,670 |
16 Ordinary Resolution to re-appoint Deloitte LLP as the auditor of the Company | 864,899,886 | 95.89% | 37,091,996 | 4.11% | 901,991,882 | 1,276,600 |
17 Ordinary Resolution to authorise the Audit Committee, on behalf of the Board, to determine the auditor's remuneration | 895,091,894 | 99.24% | 6,855,678 | 0.76% | 901,947,572 | 1,320,910 |
18 Ordinary Resolution to authorise the Directors to allot relevant securities | 797,071,147 | 88.26% | 106,048,306 | 11.74% | 903,119,453 | 149,029 |
19 Special Resolution to authorise the Company to purchase its own shares | 893,187,020 | 98.91% | 9,834,807 | 1.09% | 903,021,827 | 246,655 |
20 Special Resolution to authorise the Directors to allot equity securities wholly for cash | 829,960,198 | 92.09% | 71,241,282 | 7.91% | 901,201,480 | 2,067,002 |
21 Special Resolution to authorise the disapplication of pre-emption rights | 819,375,034 | 90.93% | 81,682,379 | 9.07% | 901,057,413 | 2,210,287 |
Notes:
(1) The "for" votes include those giving the Chairman discretion.
(2) Total votes "for" and "against" are expressed as a percentage of the total votes cast.
(3) A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "for" or "against" a resolution.
(4) Issued Share Capital (excluding Treasury Shares): 1,074,622,937 ordinary shares.
The above poll results will shortly be available on WPP's website at www.wpp.com/investors. In accordance with Listing Rule 9.6.2 a copy of the resolutions, other than those concerning ordinary business of the Company, will be submitted to the FCA and will in due course be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Balbir Kelly-Bisla
Company Secretary
Further information
Chris Wade, WPP +44 (0)20 7282 4600
About WPP
WPP is the creative transformation company. We use the power of creativity to build better futures for our people, planet, clients and communities. For more information, visit www.wpp.com.
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