NatWest Group plc has announced its 2024 Annual General Meeting (AGM) to be held on Tuesday, 23 April 2024, at Gogarburn, Edinburgh. Shareholders will receive the Notice of Meeting and Form of Proxy shortly, along with the 2023 Strategic Report or the 2023 Annual Report and Accounts. The company has made these documents available online and through the National Storage Mechanism. Shareholders are invited to attend the AGM in person or a live Virtual Shareholder Event on 15 April 2024.
The Virtual Event will provide shareholders with the opportunity to engage with the current Chair Designate, Rick Haythornthwaite, and CEO, Paul Thwaite, and ask questions prior to voting on the business of the AGM. Shareholders attending either event will be able to ask questions related to the business of the AGM. Those unable to join can access recordings of both events on the company's website.
Shareholders are encouraged to ensure their votes are counted at the AGM by submitting their proxies online or by post before the deadline of 11.00 a.m. on 19 April 2024, or by voting at the meeting. In addition to the routine AGM business, the company is proposing resolutions related to Equity Convertible Notes ("ECN") authority, authority to purchase own shares, and amendments to directed buyback contract with HM Treasury and renewal of directed buyback authority.
The proposed resolutions aim to renew authorities that will allow ordinary shares and equity securities to be allotted in connection with the issue of ECNs, grant NatWest Group authority to purchase its own ordinary shares, and authorize amendments to the directed buyback contract between NatWest Group and HM Treasury. If approved, these resolutions will provide NatWest Group with flexibility to manage its capital and make purchases in the best interests of shareholders.