19 April 2017
XP Power Limited
("XP Power" or "the Company")
Result of Annual General Meeting
The Annual General Meeting of XP Power Limited was held at 401 Commonwealth Drive, Haw Par Technocentre, Lobby B, #02-02, Singapore 149598 on 19 April 2017, commencing at 5.00 p.m. Singapore time. All resolutions were unanimously passed by show of hands.
For information, the following table shows the votes cast by proxy voting. The total number of shares in issue was 19,242,296.
| Resolution number and description | In Favour / Discretion | Against Votes | Withheld Votes | ||||
| Votes | % | % | |||||
| 1 | To receive and adopt the reports and audited accounts. | 14,597,378 | 100.0% | 0 | 0.00% | 0 | |
| 2 | To approve a final dividend. | 14,597,378 | 100.0% | 0 | 0.00% | 0 | |
| 3 | To re-elect James Edward Peters as a Director of the Company. | 14,329,562 | 98.8% | 176,527 | 1.22% | 91,287 | |
| 4 | To re-elect Andy Sng Seng Kok as a Director of the Company. | 14,552,378 | 100.0% | 0 | 0.00% | 45,000 | |
| 5 | To re-elect Terence Twigger as a Director of the Company. | 14,554,378 | 100.0% | 0 | 0.00% | 43,000 | |
| 6 | To re-elect Peter Alfred Bucher as a Director of the Company. | 14,554,378 | 100.0% | 0 | 0.00% | 43,000 | |
| 7 | To re-elect Mike R. Laver as a Director of the Company. | 14,554,878 | 100.0% | 0 | 0.00% | 42,500 | |
| 8 | To re-elect Duncan John Penny as a Director of the Company. | 14,554,378 | 100.0% | 0 | 0.00% | 43,000 | |
| 9 | To re-elect Jonathan Simon Rhodes-Hole as a Director of the Company. | 14,554,378 | 100.0% | 0 | 0.00% | 43,000 | |
| 10 | To re-elect Polly Ann Williams as a Director of the Company. | 14,197,807 | 97.5% | 357,070 | 2.45% | 42,500 | |
| 11 | To re-appoint PricewaterhouseCoopers LLP as auditors. | 14,535,582 | 99.6% | 61,795 | 0.42% | 0 | |
| 12 | To authorise Directors to set the auditors' remuneration. | 14,595,634 | 100.0% | 1,744 | 0.01% | 0 | |
| 13 | To approve the Remuneration Policy. | 14,034,082 | 96.2% | 561,028 | 3.84% | 2,266 | |
| 14 | To approve the Remuneration Report. | 13,161,504 | 90.5% | 1,373,868 | 9.45% | 62,003 | |
| 15 | To approve the XP Power Limited Long Term Incentive Plan 2017 | 14,036,112 | 96.2% | 560,498 | 3.84% | 266 | |
| 16 | To authorise Directors to allot shares. | 14,572,723 | 99.8% | 22,389 | 0.15% | 2,266 | |
| 17 | To amend Article 96.1 - Directors' Fees | 13,301,407 | 91.4% | 1,250,990 | 8.60% | 44,980 | |
| 18 | To amend Article 5 - Pre emption Rights | 14,551,868 | 100.0% | 530 | 0.00% | 44,980 | |
| 19 | To authorise the disapplication of pre-emption rights | 14,551,768 | 99.7% | 43,130 | 0.30% | 2,480 | |
| 20 | To authorise the purchase of own shares. | 14,535,976 | 99.6% | 61,401 | 0.42% | 0 | |
Note: Percentage of votes cast excludes withheld votes
Enquiries:
XP Power
Jonathan Rhodes, Finance Director +44 (0)118 976 5074
