PPHE Hotel Group Limited held its Annual General Meeting on 22 May 2024, where all resolutions were decided on a poll and passed. The re-election of independent Directors and the Rule 9 Waiver were among the resolutions approved. The Company's Notice of Annual General Meeting, including the full text of each resolution, was made available to shareholders. The results of the votes cast for each resolution were detailed in a table, showing the percentage of votes for, against, and withheld.

The Board expressed satisfaction with the support from shareholders for all proposed resolutions. However, it noted a significant minority vote against the re-election of executive Directors, particularly from overseas shareholders in jurisdictions where it is not market practice for management to sit on a company's board. The Company clarified that this dissent does not reflect any failure to comply with UK Good Corporate Governance practice.

In compliance with the Listing Rules, the Company forwarded a copy of each resolution passed at the Annual General Meeting to the Financial Conduct Authority for inspection. Enquiries regarding the AGM can be directed to PPHE Hotel Group Limited or Hudson Sandler.

The AGM's results reflect the shareholders' approval of the Company's proposed resolutions, with the exception of a significant minority vote against the re-election of executive Directors, which the Company attributes to differing market practices in certain jurisdictions.