De La Rue PLC provided an update on the 2023 Annual General Meeting (AGM) voting results, specifically addressing Resolution 15, which pertained to the dis-application of pre-emption rights. The resolution did not receive sufficient support to be passed at the AGM, with over 20% of votes against it. The Board noted that the resolution was in line with the Statement of Principles published by the Pre-Emption Group and would have been limited to issuance of equity for cash in connection with an acquisition or specified capital investment. Following the AGM, the company engaged with its largest shareholders to understand their views on the resolution, particularly concerning the potential for inappropriate levels of dilution. The Board will continue to consult with shareholders and review the matter in determining the authorities to be sought at the 2024 AGM.

De La Rue, established 210 years ago, is a trusted provider of digital and physical solutions to governments, central banks, and international brands, safeguarding their supply chains and cash cycles from counterfeiting and illicit trade. With operations across five continents and customers in 140 countries, the company offers advanced track and trace software, security document design, banknotes, brand protection labels, tax stamps, security features, and passport bio-data pages. De La Rue's core focus areas include authentication, leveraging advanced digital software solutions and security labels to protect against illicit trade, counterfeiting, and identity theft, and currency, designing and manufacturing highly secure banknotes and components optimized for security, manufacturability, cash cycle efficacy, and public engagement. The company's solutions contribute to robust economies and flourishing societies, underpinned by a significant Environmental, Social, and Governance commitment, as evidenced by accolades such as the ISO 14001 certification and consistent ranking in the top tier of the Financial Times European Climate Leaders list.