AGM Statement
McBride plc announced that all resolutions presented at its Annual General Meeting on November 20, 2025, were passed by shareholders. Key resolutions included the approval of the financial year ended June 30, 2025, accounts, the Directors' Remuneration Report, and the declaration of a final dividend of 3.0 pence per ordinary share. Directors were re-appointed with strong support, and the reappointment of PricewaterhouseCoopers LLP as auditor was also approved. Shareholders also authorized the company to make political donations, allot shares, disapply pre-emption rights, and make market purchases of its own shares, with most resolutions receiving over 99% of votes cast.
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McBride plc (the 'Company') is pleased to announce that at its Annual General Meeting ('AGM') held earlier today, 20 November 2025, all the resolutions put to its shareholders were passed by the requisite majorities. Resolutions 1 to 13 were passed as ordinary resolutions and resolutions 14 to 17 were passed as special resolutions.
The results of the poll vote for each resolution are set out below:
| No | RESOLUTION | VOTES FOR (incl. discretionary) | FOR ( % of votes cast) | VOTES AGAINST | AGAINST ( % of votes cast) | TOTAL VOTES CAST | % of I SSUED S HARE C APITAL VOTED | VOTES WITHHELD |
|---|---|---|---|---|---|---|---|---|
| 1 | To receive the Company's accounts for the financial year ended 30 June 2025, together with the Directors' reports and the independent auditor's report on those accounts. | 85,390,995 | 99.99% | 6,407 | 0.01% | 85,397,402 | 47.84% | 192,027 |
| 2 | To approve the Directors' Remuneration Report for the financial year ended 30 June 2025 (other than the summary of the Directors' Remuneration Policy included in the Directors' Remuneration Report) | 85,260,889 | 99.64% | 310,662 | 0.36% | 85,571,551 | 47.93% | 17,878 |
| 3 | To declare a final dividend of 3.0 pence per ordinary share in respect of the year ended 30 June 2025. | 85,573,374 | 100.00% | 49 | 0.00% | 85,573,423 | 47.94% | 16,006 |
| 4 | To re‑appoint Jeffrey (Jeff) Nodland as a Director. | 81,458,624 | 95.20% | 4,106,496 | 4.80% | 85,565,120 | 47.93% | 24,309 |
| 5 | To re‑appoint Christopher (Chris) Smith as a Director. | 84,087,237 | 99.95% | 42,722 | 0.05% | 84,129,959 | 47.13% | 1,459,470 |
| 6 | To re-appoint Mark Strickland as a Director. | 85,525,958 | 99.95% | 39,162 | 0.05% | 85,565,120 | 47.93% | 24,309 |
| 7 | To re-appoint Elizabeth (Liz) McMeikan as a Director. | 82,486,730 | 96.40% | 3,078,390 | 3.60% | 85,565,120 | 47.93% | 24,309 |
| 8 | To re-appoint Alastair Murray as a Director. | 83,074,042 | 97.09% | 2,491,078 | 2.91% | 85,565,120 | 47.93% | 24,309 |
| 9 | To re-appoint Regi Aalstad as a Director. | 84,387,739 | 98.68% | 1,126,881 | 1.32% | 85,514,620 | 47.90% | 74,809 |
| 10 | To re-appoint PricewaterhouseCoopers LLP as auditor of the Company. | 84,841,426 | 99.16% | 719,871 | 0.84% | 85,561,297 | 47.93% | 28,132 |
| 11 | To authorise the Audit and Risk Committee to determine the auditor's remuneration. | 84,948,619 | 99.27% | 624,153 | 0.73% | 85,572,772 | 47.94% | 16,657 |
| 12 | To authorise the Company and its subsidiaries to make political donations and incur political expenditure | 85,418,741 | 99.82% | 153,461 | 0.18% | 85,572,202 | 47.93% | 17,227 |
| 13 | To authorise the Directors to allot shares. | 85,523,469 | 99.94% | 48,303 | 0.06% | 85,571,772 | 47.93% | 17,657 |
| 14 | Subject to the passing of Resolution 13, to authorise the Directors to disapply statutory pre-emption rights in respect of the allotment of the Company's equity securities for cash. | 85,457,676 | 99.88% | 106,105 | 0.12% | 85,563,781 | 47.93% | 25,648 |
| 15 | To authorise the Company to make market purchases of its own shares. | 85,492,960 | 99.95% | 42,854 | 0.05% | 85,535,814 | 47.91% | 53,615 |
| 16 | To authorise the Directors to call a general meeting on 14 clear days' notice. | 85,439,241 | 99.84% | 133,531 | 0.16% | 85,572,772 | 47.94% | 16,657 |
| 17 | To approve, amongst other things, the waiver and release of certain claims which the Company may have in relation to certain dividends and certain loans. | 83,223,275 | 99.94% | 52,288 | 0.06% | 83,275,563 | 46.65% | 2,312,085 |
The Board would like to thank shareholders for their engagement and support ahead of the AGM and throughout the year.
Notes:
- A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution or the total number of votes cast.
- On 19 November 2025, the Company's issued share capital comprised 178,517,862 ordinary shares of 10 pence each (excluding treasury shares), 42,041 ordinary shares of 10 pence each held in treasury ('treasury shares') and 665,888,258 non-cumulative redeemable preference shares of 0.1 pence each ('B shares'). Each ordinary share of the Company carries one vote at General Meetings of the Company. Any ordinary shares held in treasury and the B shares have no voting rights. Consequently, on 19 November 2025, the total number of voting rights was 178,517,862.
- Pursuant to UK Listing Rule 6.4.2, copies of all resolutions, other than those concerning ordinary business, passed at the AGM today will be submitted to the National Storage Mechanism and will shortly be available to view at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
- Results of the poll will also be available shortly to view on the Company's website at www.mcbride.co.uk/investors/shareholder-information/agm/.
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