Result of AGM
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The Company announces the voting results of its AGM, held earlier today at the offices of DMH Stallard LLP, Fetter Yard, Barnards Inn, 86 Fetter Ln, London EC4A 1EN. All resolutions were duly passed by shareholders by way of a poll, with the exception of resolution number 9 below.
Details of each resolution are set out in the Notice of Meeting circulated to shareholders on 21 May 2026. The voting results, incorporating proxy votes lodged in advance of the AGM, are set out below and will be made available on the Company's website at https://aurarenewables.com/investors/.
| RESOLUTION (*proposed as special resolutions, all others ordinary) | VOTES FOR | % | VOTES AGAINST | % | VOTES TOTAL | % of ISC VOTED 1 | VOTES WITHHELD 2 |
|---|---|---|---|---|---|---|---|
| 1. To receive the Annual Report and Accounts | 2,327,424 | 100% | 0 | 0% | 2,327,424 | 22.17% | 0 |
| 2. To approve the Directors' Remuneration Report | 1,604,210 | 68.93% | 723,000 | 31.07% | 2,327,210 | 22.16% | 214 |
| 3. To approve the Directors' Remuneration Policy | 1,603,209 | 68.89% | 724,001 | 31.11% | 2,327,210 | 22.16% | 214 |
| 4. To re-appoint PKF Littlejohn LLP as Auditor | 2,327,424 | 100% | 0 | 0% | 2,327,424 | 22.17% | 0 |
| 5. To authorize the Directors to determine the remuneration of the Auditor | 2,327,210 | 100% | 0 | 0% | 2,327,210 | 22.16% | 214 |
| 6. To re-appoint Suresh Withana as director | 1,604,210 | 68.93% | 723,000 | 31.07% | 2,327,210 | 22.16% | 214 |
| 7. To re-appoint Philip Pooley as director | 1,604,210 | 68.93% | 723,000 | 31.07% | 2,327,210 | 22.16% | 214 |
| 8. To authorise the directors to allot shares (s.551 CA 2006) | 1,603,209 | 68.89% | 724,001 | 31.11% | 2,327,210 | 22.16% | 214 |
| *9. To disapply statutory pre-emption rights (s.570 CA 2006) - Not passed | 1,603,209 | 68.89% | 724,001 | 31.11% | 2,327,210 | 22.16% | 214 |
| *10. To call a general meeting other than an annual general meeting on not less than 14 clear days' notice. | 2,327,424 | 100% | 0 | 0% | 2,327,424 | 22.17% | 0 |
As disclosed in the annual report and accounts, the net assets of the Company on a standalone basis at 31 December 2025 are less than half of its called-up share capital. This is principally because the Company does not currently have income and its cash resources are limited to the remaining balance of funds raised at Admission to the Official List in April 2022. The Board wishes to assure shareholders that it considers that this circumstance does not pose a risk to the solvency of the Company. The Board continues actively to explore opportunities for an Initial Transaction under the UK Listing Rules, and considers that it currently has the resources to do so. Shareholders were given the opportunity at the meeting to discuss this matter and the Chairman of the meeting confirmed that, having considered the position, the Board was not proposing any specific measures or resolutions in respect of this matter.
- As at the record date (2.30 pm on 16 June 2026), the total number of ordinary shares of £0.01 pence each eligible to be voted at the AGM was 10,500,000. Therefore, the total voting rights in the Company as at that time was 10,500,000.
A copy of the special business resolutions will be submitted to the National Storage Mechanism and will be available to view at https://data.fca.org.uk/#/nsm/nationalstoragemechanism in due course.
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