C&C Group plc held its Annual General Meeting on August 15, 2024, with all resolutions voted on by way of a poll. The voting results showed that the majority of resolutions were passed, with a few exceptions. Notably, Resolution 5, concerning the advisory vote on the Company's 2024 Directors' Remuneration Report, saw 59.51% of shareholders voting against it. The Board acknowledged this and expressed its intention to engage with dissenting shareholders to understand their concerns.
The Board highlighted that the new Directors' Remuneration Policy and 2024 Long Term Incentive Plan were approved by a significant majority of shareholders at the AGM. They also confirmed that Resolutions 8, 9, 10, 11, and 12, which constitute special business, were passed. In line with the UK Corporate Governance Code, the company will provide a website update and a final summary in the next Annual Report & Accounts.
The voting results, including the details of the resolutions passed, have been forwarded to the UK's National Storage Mechanism and are available for inspection at the provided location. Mark Chilton, General Counsel and Company Secretary, confirmed the voting results and the forwarding of the resolutions to the National Storage Mechanism.