Result of AGM
ASOS Plc announced that all resolutions presented at its Annual General Meeting were passed by a significant majority, with votes for each resolution ranging from 71.22% to 71.95% of the total votes cast. Notably, resolutions 18 and 19 concerning share repurchases and notice periods for general meetings were withdrawn following shareholder engagement. The company remains committed to its transformation strategy, with the Chair expressing confidence in continued progress and a focus on driving long-term shareholder value. The total number of voting rights in the company is 119,613,848.
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ASOS announces that all resolutions put to the Annual General Meeting ('AGM') held today were duly passed by means of a poll. The results of the poll vote for each resolution are set out below.
| RESOLUTIONS | VOTES FOR | % FOR | VOTES AGAINST | % AGAINST | VOTES WITHHELD* |
|---|---|---|---|---|---|
| 1. To approve the Annual Report and Accounts for the financial year ended 31 August 2025. | 71,590,224 | 71.95% | 27,916,205 | 28.05% | 7,641 |
| 2. To approve the Directors' Remuneration Report. | 71,280,638 | 71.64% | 28,224,358 | 28.36% | 9,074 |
| 3. To re-elect Natasja Laheij as a Director of the Company. | 70,986,910 | 71.34% | 28,520,400 | 28.66% | 6,760 |
| 4. To re-elect William Barker as a Director of the Company. | 70,869,172 | 71.22% | 28,638,138 | 28.78% | 6,760 |
| 5. To re-elect Jos é Antonio Ramos Calamonte as a Director of the Company. | 71,546,594 | 71.90% | 27,960,716 | 28.10% | 6,760 |
| 6. To re-elect Christine Cross as a Director of the Company. | 71,403,868 | 71.76% | 28,103,442 | 28.24% | 6,760 |
| 7. To re-elect Wei Gao as a Director of the Company. | 71,233,025 | 71.59% | 28,274,285 | 28.41% | 6,760 |
| 8. To re-elect Marie Gulin-Merle as a Director of the Company. | 71,543,387 | 71.90% | 27,963,923 | 28.10% | 6,760 |
| 9. To re-elect Jos é Manuel Martinez Guti é rrez as a Director of the Company. | 71,233,634 | 71.59% | 28,273,676 | 28.41% | 6,760 |
| 10. To re-elect Nick Robertson as a Director of the Company. | 71,436,984 | 71.79% | 28,070,704 | 28.21% | 6,382 |
| 11. To re-elect Anna Maria Rugarli as a Director of the Company. | 71,542,692 | 71.90% | 27,964,618 | 28.10% | 6,760 |
| 12. To elect Aaron Izzard as a Director of the Company. | 71,539,932 | 71.89% | 27,967,319 | 28.11% | 6,819 |
| 13. To elect Jonathan Kamaluddin as a Director of the Company. | 71,544,107 | 71.90% | 27,963,144 | 28.10% | 6,819 |
| 14. To re-appoint PricewaterhouseCoopers LLP as auditor of the Company. | 71,412,474 | 71.77% | 28,091,136 | 28.23% | 10,460 |
| 15. To authorise the Directors to determine the amount of the auditors' remuneration. | 71,539,295 | 71.89% | 27,966,338 | 28.11% | 8,437 |
| 16. To authorise the Company to make political donations. | 71,484,999 | 71.84% | 28,023,951 | 28.16% | 5,120 |
| 17. To authorise the Directors to allot Ordinary Shares in the Company. | 71,516,123 | 71.87% | 27,991,920 | 28.13% | 6,027 |
* A vote withheld is not a vote in law and is not counted in the votes for or against a resolution
Resolution 18 was a special resolution seeking authority to make market purchases of the Company's own shares. Resolution 19 was a special resolution relating to the Company's ability to call a General Meeting, other than AGMs, on 14 clear days' notice. Although the Board considered the flexibility afforded by these authorities to be in the best interests of the Company, it took the decision to withdraw Resolutions 18 and 19 from the agenda of the AGM, following further engagement with some of the Company's shareholders. The Company will continue its engagement with shareholders on the resolutions.
ASOS Chair, Natasja Laheij, commented on the vote:
''We are pleased that all resolutions put to the meeting were supported by a significant majority of shareholders. We remain committed to the transformation strategy the management team is implementing. ASOS made meaningful progress against its plans in FY25, and we are confident in our continued progress in the year ahead. We will continue to engage in constructive dialogue with shareholders, with a clear focus on driving long‑term shareholder value.''
Full details of the resolutions are available in the Notice of Annual General Meeting on the Company's website: www.asosplc.com.
As at the date of the AGM, the Company's issued and fully paid share capital consists of 119,613,848 Ordinary Shares with a nominal value of 3.5 pence each ("Ordinary Shares"), with one voting right per share. The Company does not hold any Ordinary Shares in Treasury. The total number of voting rights in the Company is therefore 119,613,848.
In accordance with Listing Rule 9.6.2, copies of the resolutions that do not constitute ordinary business at an annual general meeting have been submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
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