Result of AGM
Boku Inc. announced that all resolutions were passed at its Annual General Meeting, with director re-elections receiving strong support, for example, Richard Pennycook was re-elected with 99.96% of votes in favour, and the appointment of PricewaterhouseCoopers LLP as auditor was unanimously approved. The company also confirmed the retirement of Non-Executive Director Jon Prideaux and the immediate establishment of a Nominations Committee, chaired by Loren I. Shuster, to enhance corporate governance.
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Boku (AIM: BOKU), a global network of Local Payment Methods, is pleased to announce that at the Annual General Meeting of the Company ("AGM"), held earlier today, all resolutions were passed. The results of the proxy voting for the resolutions are set out in the table below.
| Resolution | In Favour | Against | Number of votes withheld | |||
|---|---|---|---|---|---|---|
| Number of votes | % | Number of votes | % | |||
| 1 to 7 | Election of the following as directors of the Company until the 2027 annual general meeting of the Company. | |||||
| Richard Pennycook | 214,238,654 | 99.96 | 81,001 | 0.04 | 7,537 | |
| Stuart Neal | 213,585,070 | 99.67 | 706,103 | 0.33 | 36,019 | |
| Robert Whittick | 213,620,196 | 99.67 | 699,459 | 0.33 | 7,537 | |
| Charlotta Ginman | 213,584,487 | 99.67 | 706,686 | 0.33 | 36,019 | |
| Meriel Lenfestey | 213,588,442 | 99.67 | 702,731 | 0.33 | 36,019 | |
| Loren I. Shuster | 213,610,280 | 99.67 | 709,375 | 0.33 | 7,537 | |
| Mark Britto | 213,616,924 | 99.67 | 702,731 | 0.33 | 7,537 | |
| 8 | Appointment of PricewaterhouseCoopers LLP as auditor of the Company. | 214,319,655 | 100 | 0 | 0.00 | 7,537 |
| 9 | Authorise the Company's Audit Committee to determine PwC's remuneration. | 214,291,173 | 100 | 0 | 0.00 | 36,019 |
| 10 | Approve, on an advisory basis, the Directors' Remuneration Report set out in the Annual Report for the year ended 31 December 2025 | 204,543,295 | 99.96 | 84,273 | 0.04 | 9,699,624 |
Board Change
As announced on 17 March 2026, Boku confirms that Jon Prideaux, a Non-Executive Director of the Company since 1 January 2024 and prior to that Chief Executive Officer from 2014 to the end of 2023, retired from the Board immediately prior to today's AGM. We congratulate Jon on his long and distinguished career at Boku and wish him well in his future endeavours.
Board Committee Update
Boku also announces that, in addition to the Board's existing Audit and Remuneration Committees, as part of its commitment to sound corporate governance, the Board has decided to appoint a Nominations Committee (the "NomCo") with immediate effect. The Terms of Reference of the NomCo will shortly be made available on the Company's website.
The NomCo will be chaired by Loren, I Shuster, an Independent Non-Executive Director, and all other Independent Non-Executive Directors of the Company (Charlotta Ginman and Meriel Lenfestey) as well as Richard Pennycook, Board Chair, will serve on the NomCo. Stuart Neal, Chief Executive Officer will be a permanent attendee.
Boku's Audit and Remuneration Committees are both staffed exclusively by Independent Non-Executive Directors. The Audit Committee is Chaired by Charlotta Ginman and includes Loren I. Shuster and Meriel Lenfestey and the Remuneration Committee, is Chaired by Meriel Lenfestey and includes Charlotta Ginman and Loren I. Shuster.
Boku, Inc.
Stuart Neal, Chief Executive Officer +44 (0)20 3805 4822
Rob Whittick, Chief Financial Officer
Investec Bank plc (Nominated Adviser & Joint Broker) +44 (0)20 7597 5970
Nick Prowting/Kamalini Hull/Patrick Robb
Headland Consultancy (Financial PR & IR) +44 (0)20 3805 4822
Matt Denham / Henry Wallers / Georgina Powley
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