Result of AGM
Energean plc announced that all resolutions were passed at its Annual General Meeting, with the accounts and reports receiving 99.99% approval and the auditor's re-appointment receiving 99.99% approval. However, resolutions to re-appoint directors M. Rigas, P. Benos, and M. Houston received lower approval rates of 78.33%, 78.28%, and 77.08% respectively, which the company attributes to specific shareholder policies. Energean will engage with these shareholders and provide an update on actions taken within six months. The company's issued share capital is 184,715,959 ordinary shares.
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London, 20 May 2026 - Energean plc (LSE: ENOG, TASE: אנאג) announces that at its Annual General Meeting ("AGM") held today at the offices of Stifel Nicolaus Europe Limited, all resolutions put to the meeting were duly passed.
Details of the voting by way of a poll at the AGM in respect of each resolution are shown in the table below and will shortly be available on the Company's website: www.energean.com
In accordance with the UK Listing Rules, copies of all resolutions other than those concerning ordinary business at the Annual General Meeting will be submitted to the National Storage Mechanism and will be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
| RESOLUTION | VOTES FOR | % FOR | VOTES AGAINST | % AGAINST | TOTAL VOTES | % of ISSUED SHARE CAPITAL VOTED | VOTES WITHHELD* | |
|---|---|---|---|---|---|---|---|---|
| 1. | ACCOUNTS AND REPORTS | 121,473,564 | 99.99% | 7,537 | 0.01% | 121,481,101 | 65.77% | 10,324,804 |
| 2. | REMUNERATION REPORT | 128,845,209 | 97.79% | 2,909,497 | 2.21% | 131,754,706 | 71.33% | 51,199 |
| 3. | RE-APPOINT K. SIMON | 127,483,967 | 96.73% | 4,315,374 | 3.27% | 131,799,341 | 71.35% | 6,564 |
| 4. | RE-APPOINT M. RIGAS** | 103,234,474 | 78.33% | 28,566,505 | 21.67% | 131,800,979 | 71.35% | 4,926 |
| 5. | RE-APPOINT P. BENOS** | 103,178,034 | 78.28% | 28,621,278 | 21.72% | 131,799,312 | 71.35% | 6,593 |
| 6. | RE-APPOINT A. BARTLETT | 131,205,740 | 99.55% | 593,715 | 0.45% | 131,799,455 | 71.35% | 6,450 |
| 7. | RE-APPOINT S. COX | 131,784,293 | 99.99% | 15,159 | 0.01% | 131,799,452 | 71.35% | 6,453 |
| 8. | RE-APPOINT M. HOUSTON** | 101,587,918 | 77.08% | 30,211,423 | 22.92% | 131,799,341 | 71.35% | 6,450 |
| 9. | RE-APPOINT A. PERSIANIS | 131,771,606 | 99.98% | 27,820 | 0.02% | 131,799,426 | 71.35% | 6,479 |
| 10. | RE-APPOINT E. TOPOUZOGLOU | 130,601,398 | 99.09% | 1,198,028 | 0.91% | 131,799,426 | 71.35% | 6,479 |
| 11. | RE-APPOINT K. WOOD | 129,373,281 | 98.16% | 2,425,071 | 1.84% | 131,798,352 | 71.35% | 7,553 |
| 12. | RE-APPOINT AUDITOR | 131,788,508 | 99.99% | 7,364 | 0.01% | 131,795,872 | 71.35% | 10,033 |
| 13. | REMUNERATION OF AUDITORS | 131,761,060 | 99.97% | 38,863 | 0.03% | 131,799,923 | 71.35% | 5,982 |
| 14. | ALLOT EQUITY SECURITIES | 131,387,200 | 99.69% | 412,195 | 0.31% | 131,799,395 | 71.35% | 6,510 |
| 18. | MAKE MARKET PURCHASES | 131,645,898 | 99.89% | 139,172 | 0.11% | 131,785,070 | 71.34% | 20,835 |
* A vote withheld is not a vote in law and is not counted in the calculation of the "For", "Against", or "Total" for the resolution.
** The Company notes that resolutions 4, 5 and 8 which sought to re-appoint certain directors, all received less than 80% of the votes in favour. The Company understands that voting on resolutions 4 and 5 is a result of specific policies for certain shareholders aligning with market practice in their local jurisdiction.
The Company will engage with shareholders over the coming months in respect of the votes received for resolutions 4, 5 and 8. In line with the provisions of the UK Corporate Governance Code, the Company will provide an update on the views received from shareholders on these issues and any actions taken in response, within six months. A final summary of the views heard during consultation will be published in next year's annual report.
Notes
As noted in the Company's announcement released 20 May 2026 at 07:05 under RNS No. 9911E, resolutions 15, 16 and 17 were withdrawn before the meeting,
The Company's issued share capital consists of 184,715,959 Ordinary Shares of 1p each. Shareholders are entitled to one vote per share held.
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