Results of Annual General Meeting 2025
AGM held; all ordinary resolutions and special resolution 2 passed; special resolution 1 rejected.
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Share code on JSE:GML (General Segment of JSE Main Board) / AIM:GEM
("Gemfields" or the "Group" or the "Company")
Results of Annual General Meeting 2025
LONDON, 25 JUNE 2025
Shareholders are advised that the Company's Annual General Meeting ("AGM") was held today, Wednesday 25 June 2025.
All ordinary resolutions and special resolution 2 were passed by the requisite majority of shareholders. Both non-binding advisory votes were also passed, with the support of over 75% of shareholders.
The Company acknowledges that special resolution 1 was not passed by the requisite 75% of shareholders required.
Details of the voting results at the AGM are as follows:
| Total number of Ordinary Shares (with voting rights) | 1,724,230,526 | ||
| Total number of Ordinary Shares present/represented including proxies at the meeting ( including shares abstained from voting) | 1,168,290,263 | ||
| Percentage of Ordinary Shares represented at the meeting | 67.76% | ||
| Resolution proposed | For | Against | Abstain 1 |
| Ordinary resolution 1: | |||
| To adopt the Company's Annual Report for the year ended 31 December 2024 | 1,168,185,460 100.00% | 3,998 0.00% | 100,705 0.01% |
| Ordinary resolution 2: | |||
| To re-elect Bruce Cleaver, who is retiring by rotation, as a Director of the Company | 1,162,998,378 99.58% | 4,930,350 0.42% | 361,435 0.02% |
| Ordinary resolution 3: | |||
| To re-elect Kieran Daly, who is retiring by rotation, as a Director of the Company | 1,029,482,536 88.15% | 138,446,192 11.85% | 361,435 0.02% |
| Ordinary resolution 4: | |||
| To re-elect Simon Scott, who is retiring by rotation, as a Director of the Company | 1,162,970,205 99.58% | 4,958,523 0.42% | 361,435 0.02% |
| Ordinary resolution 5: | |||
| Appointment of Louis du Preez, as a Director of the Company | 1,034,308,258 88.56% | 133,639,570 11.44% | 342,335 0.02% |
| Ordinary resolution 6: | |||
| To re-appoint Simon Scott to the Company's Audit Committee | 1,163,023,377 99.58% | 4,925,088 0.42% | 341,698 0.02% |
| Ordinary resolution 7: | |||
| To re-appoint Ernst & Young LLP as the Company's auditor (until the conclusion of the 2026 annual general meeting) and to authorise the Directors to fix their remuneration | 1,168,169,564 100.00% | 15,091 0.00% | 105,508 0.01% |
| Special resolution 1: | |||
| General authority to issue shares for cash and waiver of pre-emption | 462,849,494 39.63% | 705,068,065 60.37% | 372,604 0.02% |
| Special resolution 2: | |||
| To amend the Articles of Incorporation of the Company | 1,034,063,124 88.55% | 133,727,030 11.45% | 500,109 0.03% |
| Non-binding advisory vote: | |||
| Endorsement of the Company's Remuneration Policy | 1,029,239,638 88.11% | 138,910,805 11.89% | 139,720 0.01% |
| Non-binding advisory vote: | |||
| Endorsement of the Company's Remuneration Implementation Report | 1,158,145,535 99.14% | 10,004,908 0.86% | 139,720 0.01% |
1 Abstentions are represented as a percentage of total number of Ordinary Shares (with voting rights).
GEMFIELDS
| GEMFIELDS.COM | INVESTORS | FOUNDATION | ||
| X | YOUTUBE | |||
| FABERGÉ | ||||
| FABERGÉ.COM | X | YOUTUBE | ||
KAGEM MINING LIMITED LINKEDIN
MONTEPUEZ RUBY MINING LINKEDIN
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