easyJet PLC - Result of AGM

RNS Number : 7132J

easyJet PLC

23 December 2020

easyJet plc

(the "Company")

Results of Annual General Meeting held on 23 December 2020

The Company announces the voting results of its Annual General Meeting ('AGM') held earlier today.

All resolutions put to the meeting were passed with the requisite majority by means of a poll. Resolutions 1 to 8 and 10 to 17 were each passed as an Ordinary Resolution (requiring a simple majority for them to be passed) and resolutions 18 to 21 were each passed as a Special Resolution (requiring at least a 75% majority for them to be passed). Further to the Company's announcement on 21 December 2020, Resolution 9 was withdrawn.

The polling results for each resolution are set out below:

Resolution		Votes For	%	Votes Against	%	Total Votes	% of ISC Voted¹	Votes Withheld²
1.	To receive the Annual Report and Accounts for the year ended 30 September 2020	177,605,156	99.88	212,605	0.12	177,817,761	38.93	131,514,363
2.	To approve the Directors' Remuneration Policy	170,640,512	95.79	7,497,351	4.21	178,137,863	39.00	131,196,347
3.	To approve the Directors' Remuneration Report	177,627,469	99.72	498,511	0.28	178,125,980	39.00	131,206,724
4.	To re-appoint John Barton as a Director	177,628,335	57.43	131,645,289	42.57	309,273,624	67.71	57,734
5.	To re-appoint Johan Lundgren as a Director	177,759,671	57.47	131,529,397	42.53	309,289,068	67.72	46,520
6.	To re-appoint Andrew Findlay as a Director	177,846,653	57.51	131,422,099	42.49	309,268,752	67.71	60,546
7.	To re-appoint Dr Andreas Bierwirth as a Director	177,779,433	57.48	131,485,024	42.52	309,264,457	67.71	61,544
8.	To re-appoint Catherine Bradley CBE as a Director	177,047,752	57.25	132,211,688	42.75	309,259,440	67.71	67,944
9.	Withdrawn
10.	To re-appoint Nick Leeder as a Director	177,856,271	57.51	131,401,040	42.49	309,257,311	67.71	69,671
11.	To re-appoint Julie Southern as a Director	174,683,039	56.63	133,794,229	43.37	308,477,268	67.54	846,362
12.	To appoint Sheikh Mansurah Tal-At ('Moni') Mannings as a Director	177,528,729	57.44	131,514,714	42.56	309,043,443	67.66	281,452
13.	To appoint David Robbie as a Director	177,114,841	57.27	132,132,877	42.73	309,247,718	67.71	79,666
14.	To re-appoint PricewaterhouseCoopers LLP as auditors of the Company	170,248,180	95.57	7,883,125	4.43	178,131,305	39.00	131,194,506
15.	To authorise the Audit Committee to determine the auditors' remuneration	171,689,834	96.38	6,449,619	3.62	178,139,453	39.00	131,187,889
16.	To authorise the Company and its subsidiaries to make political donations and incur political expenditure	153,409,233	86.41	24,117,283	13.59	177,526,516	38.87	131,802,992
17.	To authorise the Directors to allot shares	154,846,664	86.92	23,295,798	13.08	178,142,462	39.00	131,185,948
18.	To disapply statutory pre-emption rights (Special Resolution)	161,853,537	90.90	16,201,952	9.10	178,055,489	38.98	131,260,229
19.	To authorise the Company to purchase its own shares (Special Resolution)	175,707,885	98.65	2,408,596	1.35	178,116,481	39.00	131,210,741
20.	To adopt new Articles of Association (Special Resolution)	162,097,898	91.03	15,981,811	8.97	178,079,709	38.99	131,244,799
21.	To authorise the Company to call general meetings on not less than 14 clear days' notice (Special Resolution)	173,621,203	97.47	4,512,807	2.53	178,134,010	39.00	131,188,079

Notes:

1. Based on total issued share capital of 456,749,631 ordinary shares

2. A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution

3. The total voting rights of the Company on the day on which shareholders had to be on the register in order to be eligible to vote was 456,749,631

Resolutions 4 to 8 and 10 to 13

The Board notes that while resolutions 4 to 8 and 10 to 13 were passed with the necessary majority, they received less than 58% in favour. In accordance with the UK Corporate Governance Code the Board will continue to engage with shareholders to discuss their concerns but understands that this was predominantly as a result of the Company's largest shareholder (and its related parties) voting against these resolutions.

Board changes

As previously announced Charles Gurassa and Moya Greene DBE did not put themselves forward for re-election at the AGM and therefore stood down from the Board at the conclusion of the AGM.

As per the Company's announcement of 21 December 2020, Anastassia Lauterbach decided to resign as a director of the Company. Accordingly, resolution 9 was withdrawn.

National Storage Mechanism

In accordance with LR 9.6.2 copies of the resolutions passed as special business have been submitted to the FCA's National Storage Mechanism. A copy of the new Articles of Association have also been uploaded to the National Storage Mechanism as the document that sets out the terms and conditions on which its listed equity shares were issued in accordance with LR 9.2.6ER(1). Both documents will shortly be available to view at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

In case of queries please contact:

Institutional investors and analysts:
Michael Barker	Investor Relations	+44 (0) 7985 890 939
Holly Grainger	Investor Relations	+44 (0) 7583 101 913

Media:
Anna Knowles	Corporate Communications	+44 (0)7985 873 313
Dorothy Burwell	Finsbury	+44 (0) 7733 294 930
Edward Simpkins	Finsbury	+44 (0)7947 740 551 / (0) 207 251 3801

LEI: 2138001S47XKWIB7TH90

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END

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