Result of AGM

Released : 04 May 2023 14:10

RNS Number : 4682YBAE SYSTEMS PLC04 May 2023

BAE SYSTEMS plc

POLL RESULTS FOR AGM 2023

BAE Systems plc announces that all resolutions were passed by the requisite majorities on a poll at the Company's Annual General Meeting held on 4 May 2023.

ORDINARY RESOLUTIONS

VOTES FOR

% VOTES FOR1

VOTES AGAINST

TOTAL VOTES VALIDLY CAST

% OF ISSUED SHARE CAPITAL VOTED1,2,3

VOTES WITHHELD2

Resolution 1:

Report and Accounts

2,205,168,280

99.94

1,262,275

2,206,430,555

72.20%

2,445,110

Resolution 2:

Directors' Remuneration Policy

2,150,307,412

97.61

52,732,857

2,203,040,269

72.09%

5,851,354

Resolution 3:

Directors' Remuneration Report

2,159,695,607

97.82

48,155,233

2,207,850,840

72.25%

1,023,290

Resolution 4:

Final Dividend

2,208,295,753

100.00

75,507

2,208,371,260

72.27%

520,054

Resolution 5:

Re-election of Nicholas Anderson

2,191,134,201

99.23

17,002,863

2,208,137,064

72.26%

714,251

Resolution 6:

Re-election of Thomas Arseneault

2,205,337,814

99.87

2,796,816

2,208,134,630

72.26%

724,425

Resolution 7:

Re-election of Crystal E Ashby

2,190,765,774

99.21

17,352,237

2,208,118,011

72.26%

740,508

Resolution 8:

Re-election of Dame Elizabeth Corley

2,190,805,753

99.22

17,309,776

2,208,115,529

72.26%

743,527

Resolution 9:

Re-election of Bradley Greve

2,200,577,429

99.66

7,551,436

2,208,128,865

72.26%

716,490

Resolution 10:

Re-election of Jane Griffiths

2,160,177,413

99.22

16,981,303

2,177,158,716

71.25%

31,700,360

Resolution 11:

Re-election of Christopher Grigg

2,151,683,023

97.44

56,451,284

2,208,134,307

72.26%

724,690

Resolution 12:

Re-election of Ewan Kirk

2,190,823,038

99.22

17,295,242

2,208,118,280

72.26%

731,975

Resolution 13:

Re-election of Stephen Pearce

2,189,928,111

99.18

18,206,354

2,208,134,465

72.26%

723,994

Resolution 14:

Re-election of Nicole Piasecki

2,177,141,904

98.60

30,984,627

2,208,126,531

72.26%

730,117

Resolution 15:

Re-election of Charles Woodburn

2,205,212,979

99.87

2,971,153

2,208,184,132

72.26%

686,448

Resolution 16:

Election of Cressida Hogg

2,195,702,638

99.44

12,383,174

2,208,085,812

72.26%

767,579

Resolution 17:

Election of Lord Sedwill

2,207,490,087

99.97

593,007

2,208,083,094

72.26%

769,766

Resolution 18:

Re-appointment of Auditors

2,207,608,929

99.97

604,891

2,208,213,820

72.26%

638,372

Resolution 19:

Auditors' remuneration

2,207,710,675

99.98

376,550

2,208,087,225

72.26%

780,289

Resolution 20:

Political donations up to specified limits

2,169,462,083

99.64

7,729,592

2,177,191,675

71.25%

31,693,372

Resolution 21:

BAE Systems Long-term Incentive Plan 2023

2,163,831,103

98.21

39,348,157

2,203,179,260

72.10%

5,707,810

Resolution 22:

Authority to allot new shares

2,131,087,206

96.51

77,133,271

2,208,220,477

72.26%

632,122

SPECIAL RESOLUTIONS

VOTES FOR

% VOTES FOR1

VOTES AGAINST

TOTAL VOTES VALIDLY CAST

% OF ISSUED SHARE CAPITAL VOTED1,2,3

VOTES WITHHELD2

Resolution 23:

Disapplication of

pre-emption rights

2,115,050,763

96.18

84,003,625

2,199,054,388

71.96%

9,800,546

Resolution 24:

Authority to purchase own shares

2,185,951,011

99.08

20,196,761

2,206,147,772

72.19%

2,720,052

Resolution 25:

Notice of general meetings

2,117,432,105

95.89

90,862,360

2,208,294,465

72.26%

562,586

Notes: 

1.         The percentages above are rounded to two decimal places.

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

3.         The number of ordinary shares in issue on the share register at 6.30pm on 2 May 2023 was 3,263,096,540 of which the Total Voting Rights figure was 3,055,843,482.

Copies of resolutions 20 - 25, being resolutions other than resolutions concerning ordinary business passed by the Company at the above AGM, are being submitted to the National Storage Mechanism and will shortly be available for inspection at:  https://data.fca.org.uk/#/nsm/nationalstoragemechanism.  Copies of these resolutions can be obtained from the Company Secretary, BAE Systems plc, 6 Carlton Gardens, London SW1Y 5AD.

4 May 2023

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