Result of General Meeting
Taylor Maritime Limited announced that its General Meeting approved a special resolution to adopt amendments to its Articles of Incorporation with an overwhelming 99.95% of votes in favour, representing 256,216,463 votes. This shareholder approval allows the Directors to proceed with the Compulsory Redemption as previously announced.
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The Board of TML, the specialist dry bulk shipping company, is pleased to announce that at the General Meeting of the Company held earlier today, the resolution proposed at the meeting was passed on a poll. The proxy votes received by the Company were as follows:
| Resolution | For | Against | Withheld* | ||
|---|---|---|---|---|---|
| Votes | % | Votes | % | Votes | |
| 1. THAT the Company adopts the amendments to its Articles as set out in Part 5 of the Circular to Shareholders dated 9 January 2026 (the "Circular") | 256,216,463 | 99.95 | 136,673 | 0.05 | 78,706 |
*A vote withheld is not a vote in law and is therefore not counted towards the proportion of votes "For" or "Against" the resolution. Resolution 1 was proposed as a Special Resolution.
In accordance with UKLR 6.4.13, details of the resolution passed at the General Meeting that was not in the ordinary course of business is detailed below.
- THAT the Company adopts the amendments to its Articles as set out in Part 5 of the Circular and in the form as may be inspected at the registered office of the Company during usual hours on any weekday from the date of the Circular up to and including the date of the General Meeting and at the place of the General Meeting for at least 15 minutes before and during the General Meeting.
Having received approval from shareholders to amending the Articles of Incorporation, the Directors will proceed with the Compulsory Redemption as per the details announced by the Company on 22 January 2026.
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