Result of AGM
PZ CUSSONS PLC announced that all resolutions were passed at its Annual General Meeting held on November 20, 2025. The company received overwhelming support for its audited financial statements, with 99.98% of votes in favour, and for the declaration of a final dividend, with 99.97% of votes in favour. Directors' remuneration was approved by 99.71%, and the re-election of all directors received strong backing, with the lowest approval for D A Tyler at 99.20%. The re-appointment of PricewaterhouseCoopers LLP as auditor was supported by 99.94% of votes. Special resolutions concerning share allotment and pre-emption rights also passed, though with lower margins, such as 89.68% for the authority to disapply pre-emption rights for acquisitions or capital investments. The total number of shares in issue on the day was 428,724,960.
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At the Annual General Meeting of the Company held today, Thursday 20 November 2025, at Manchester Business Park, 3500 Aviator Way, Manchester, M22 5TG all resolutions were passed on a poll.
The polling results for each resolution are set out below:
| RESOLUTION | VOTES FOR | % | VOTES AGAINST | % | VOTES TOTAL | % of ISC VOTED | VOTES WITHHELD | |
|---|---|---|---|---|---|---|---|---|
| 1 | To receive the audited financial statements | 326,414,233 | 99.98 | 77,698 | 0.02 | 326,491,931 | 76.15 | 105,148 |
| 2 | To approve the Report on Directors' Remuneration | 307,522,038 | 99.71 | 898,675 | 0.29 | 308,420,713 | 71.94 | 18,176,366 |
| 3 | To declare a final dividend | 326,437,882 | 99.97 | 92,081 | 0.03 | 326,529,963 | 76.16 | 67,116 |
| 4 | To re-elect J C Myers | 325,960,633 | 99.84 | 517,171 | 0.16 | 326,477,804 | 76.15 | 119,275 |
| 5 | To re-elect S Pollard | 325,877,787 | 99.87 | 429,195 | 0.13 | 326,306,982 | 76.11 | 290,097 |
| 6 | To re-elect D A Tyler | 323,793,408 | 99.20 | 2,597,134 | 0.80 | 326,390,542 | 76.13 | 206,537 |
| 7 | To re-elect K Bashforth | 325,934,103 | 99.89 | 362,656 | 0.11 | 326,296,759 | 76.11 | 300,320 |
| 8 | To re-elect J Sodha | 325,824,412 | 99.86 | 472,671 | 0.14 | 326,297,083 | 76.11 | 299,996 |
| 9 | To re-elect V Juarez | 325,996,193 | 99.88 | 394,331 | 0.12 | 326,390,524 | 76.13 | 206,555 |
| 10 | To re-elect V Ahuja | 325,767,038 | 99.82 | 584,528 | 0.18 | 326,351,566 | 76.12 | 244,513 |
| 11 | To re-appoint PricewaterhouseCoopers LLP as the auditor of the Company | 326,088,279 | 99.94 | 192,434 | 0.06 | 326,280,713 | 76.10 | 316,366 |
| 12 | To approve the authority to fix the remuneration of the auditor | 326,262,638 | 99.94 | 209,061 | 0.06 | 326,471,699 | 76.15 | 125,380 |
| 13 | To approve the authority to allot shares | 310,639,915 | 95.17 | 15,751,569 | 4.83 | 326,391,484 | 76.13 | 205,595 |
| 14* | To approve the authority to disapply pre-emption rights on the allotment of shares | 310,669,360 | 95.17 | 15,780,044 | 4.83 | 326,449,404 | 76.14 | 147,675 |
| 15* | To approve the authority to disapply pre-emption rights for an acquisition or a specified capital investment | 292,712,827 | 89.68 | 33,694,866 | 10.32 | 326,407,693 | 76.13 | 189,386 |
| 16* | To approve the authority to make market purchases of Ordinary Shares | 324,249,658 | 99.31 | 2,253,221 | 0.69 | 326,502,879 | 76.16 | 94,200 |
| 17* | To permit the calling of a general meeting with no less than 14 clear days' notice | 311,474,248 | 95.39 | 15,049,507 | 4.61 | 326,523,755 | 76.16 | 73,324 |
| 18 | To approve the authority to make political donations | 325,178,141 | 99.61 | 1,287,116 | 0.39 | 326,465,257 | 76.15 | 131,822 |
*Special Resolution
VOTES OF INDEPENDENT SHAREHOLDERS ON THE RESOLUTIONS CONCERNING THE RE-ELECTION OF THE INDEPENDENT NON-EXECUTIVE DIRECTORS
| RESOLUTION | VOTES FOR | % | VOTES AGAINST | % | VOTES TOTAL | % of ISC VOTED | VOTES WITHHELD | |
|---|---|---|---|---|---|---|---|---|
| 7 | To re-elect K Bashforth | 146,837,944 | 99.75 | 362,656 | 0.25 | 147,200,600 | 60.12 | 300,320 |
| 8 | To re-elect J Sodha | 146,728,253 | 99.68 | 472,671 | 0.32 | 147,200,924 | 60.12 | 299,996 |
| 9 | To re-elect V Juarez | 146,900,034 | 99.73 | 394,331 | 0.27 | 147,294,365 | 60.16 | 206,555 |
| 10 | To re-elect V Ahuja | 146,670,879 | 99.60 | 584,528 | 0.40 | 147,255,407 | 60.14 | 244,513 |
Notes:
- The votes "for" include those votes giving the Chair discretion.
- A "vote withheld" is not counted towards the votes cast "for" or "against" a resolution.
- The total number of shares in issue on 20 November 2025 was 428,724,960.
- In accordance with UK Listing Rule 6.4.2R, copies of the relevant ordinary and special resolutions passed at the meeting have been submitted to the FCA's National Storage Mechanism and will shortly be available to view at https://data.fca.org.uk/#/nsm/nationalstoragemechanism . The full text of the resolutions passed at the Annual General Meeting can be found in the Notice of Annual General Meeting, which is available for inspection at the National Storage Mechanism and also on the Company's website at www.pzcussons.com.
K Moustafa
Company Secretary
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