Avast plc
(the "Company")
Avast plc - Results of AGM
Following the annual general meeting of the Company held today (the "AGM"), the Company announces the results of the poll vote for each resolution (as set out in full in the notice of AGM (the "Notice of AGM")). Resolutions 1 - 16 (inclusive) were proposed as ordinary resolutions, whereas resolutions 17 - 20 (inclusive) were proposed as special resolutions:
| NO. |
RESOLUTION |
VOTES FOR |
% |
VOTES AGAINST |
% |
VOTES TOTAL |
% of ISC VOTED |
VOTES WITHHELD |
| 1. |
To receive the annual accounts for the financial year ended 31 December 2021, the report of the directors, together with the reports of the auditors thereon |
552,400,398 |
99.87 |
708,935 |
0.13 |
553,109,333 |
53.11% |
442,544 |
| 2. |
To approve the directors' remuneration report for the financial year ended 31 December 2021 |
448,566,835 |
81.04 |
104,962,735 |
18.96 |
553,529,570 |
53.15% |
22,307 |
| 3. |
To approve the directors' remuneration policy |
540,526,379 |
97.79 |
12,229,392 |
2.21 |
552,755,771 |
53.08% |
796,106 |
| 4. |
To re-elect John Schwarz as a director |
515,425,425 |
93.12 |
38,103,642 |
6.88 |
553,529,067 |
53.15% |
22,810 |
| 5. |
To re-elect Ondrej Vlcek as a director |
549,383,058 |
99.25 |
4,146,009 |
0.75 |
553,529,067 |
53.15% |
22,810 |
| 6. |
To re-elect Warren Finegold as a director |
518,708,316 |
93.71 |
34,820,751 |
6.29 |
553,529,067 |
53.15% |
22,810 |
| 7. |
To re-elect Belinda Richards as a director |
522,769,603 |
94.44 |
30,759,464 |
5.56 |
553,529,067 |
53.15% |
22,810 |
| 8. |
To re-elect Tamara Minick-Scokalo as a director |
524,433,716 |
94.74 |
29,095,351 |
5.26 |
553,529,067 |
53.15% |
22,810 |
| 9. |
To re-elect Maggie Chan Jones as a director |
523,732,930 |
94.62 |
29,796,078 |
5.38 |
553,529,008 |
53.15% |
22,869 |
| 10. |
To re-elect Pavel Baudiš as a director |
545,888,576 |
98.62 |
7,640,432 |
1.38 |
553,529,008 |
53.15% |
22,869 |
| 11. |
To re-elect Eduard Kučera as a director |
545,888,576 |
98.62 |
7,640,432 |
1.38 |
553,529,008 |
53.15% |
22,869 |
| 12. |
To elect Stuart Simpson as a director |
548,478,550 |
99.09 |
5,050,914 |
0.91 |
553,529,464 |
53.15% |
22,413 |
| 13. |
To re-appoint Ernst & Young LLP as auditor |
553,527,255 |
100.00 |
1,205 |
0.00 |
553,528,460 |
53.15% |
23,417 |
| 14. |
To authorise the directors to set the auditor's remuneration |
553,527,113 |
100.00 |
1,347 |
0.00 |
553,528,460 |
53.15% |
23,417 |
| 15. |
To authorise the Company to make "political donations" and incur "political expenditure" |
553,510,987 |
100.00 |
17,929 |
0.00 |
553,528,916 |
53.15% |
22,961 |
| 16. |
To authorise the directors to allot shares |
545,909,407 |
98.62 |
7,637,776 |
1.38 |
553,547,183 |
53.15% |
4,694 |
| 17. |
Authority to disapply pre-emption rights without restriction as to use |
553,208,599 |
99.99 |
37,525 |
0.01 |
553,246,124 |
53.12% |
305,753 |
| 18. |
Authority to disapply pre-emption rights in connection with an acquisition or capital investment |
543,684,799 |
98.22 |
9,863,325 |
1.78 |
553,548,124 |
53.15% |
3,753 |
| 19. |
To authorise the Company to purchase its own shares |
553,513,348 |
100.00 |
9,157 |
0.00 |
553,522,505 |
53.15% |
29,372 |
| 20. |
To authorise the Company to call a general meeting (other than an annual general meeting) on not less than 14 clear days' notice |
544,074,392 |
98.29 |
9,455,122 |
1.71 |
553,529,514 |
53.15% |
22,363 |
As set out in the Notice of AGM, the Company also announces, in respect of resolutions 4, 6, 7, 8, and 9, the result of the vote of the independent shareholders as follows:
| NO. |
RESOLUTION |
VOTES FOR |
% |
VOTES AGAINST |
% |
VOTES TOTAL |
% of ISC VOTED |
VOTES WITHHELD |
| 4. |
To re-elect John Schwarz as a director |
158,449,348 |
80.61 |
38,103,642 |
19.39 |
196,552,990 |
28.72% |
22,810 |
| 6. |
To re-elect Warren Finegold as a director |
161,732,239 |
82.28 |
34,820,751 |
17.72 |
196,552,990 |
28.72% |
22,810 |
| 7. |
To re-elect Belinda Richards as a director |
165,793,526 |
84.35 |
30,759,464 |
15.65 |
196,552,990 |
28.72% |
22,810 |
| 8. |
To re-elect Tamara Minick-Scokalo as a director |
167,457,639 |
85.20 |
29,095,351 |
14.80 |
196,552,990 |
28.72% |
22,810 |
| 9. |
To re-elect Maggie Chan Jones as a director |
166,756,853 |
84.84 |
29,796,078 |
15.16 |
196,552,931 |
28.72% |
22,869 |
Votes "for" include proxy appointments which gave discretion to the Chairman of the AGM. A "vote withheld" is not a vote under English law and is therefore not included in the calculation of votes "for" and "against" a resolution.
As at 6.30 p.m. on 22 June 2022, being the time at which a person had to be registered in the Company's register of members in order to attend and vote at the AGM, the number of ordinary shares of the Company in issue was 1,041,407,370. In accordance with the Company's Articles of Association, on a poll every member present in person or by proxy has one vote for every share held.
In accordance with Listing Rule 9.6.2, copies of the resolutions passed as special business at the AGM will shortly be available for inspection on the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
A copy of the voting results shown above will also be made available on the Company's website at https://investors.avast.com/.
Enquiries:
Trudy Cooke, Company Secretary
Anca Timpescu, Investor Relations Manager
Stephanie Kane, VP PR and Corporate Communications
mediarelations@avast.com
Lulu Bridges / Heather Armstrong / Tim Pearson
Tavistock
Tel: 020 7920 3150
About Avast
Avast (LSE:AVST), a FTSE 100 company, is a global leader in digital security and privacy products. With over 435 million users online, Avast offers products under the Avast and AVG brands that protect people from threats on the internet and the evolving IoT threat landscape. The company's threat detection network is among the most advanced in the world, using machine learning and artificial intelligence technologies to detect and stop threats in real time. Avast digital security products for Mobile, PC or Mac are top-ranked and certified by VB100, AV-Comparatives, AV-Test, SE Labs and others. Avast is a member of Coalition Against Stalkerware, No More Ransom and Internet Watch Foundation. Visit: www.avast.com.
LEI Number: 213800IR8G8LCZH4BO27