MONDI PLC - Result of AGM

MONDI PLC - Result of AGM

PR Newswire

London, May 17

Mondi Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1967/013038/06)
JSE share code: MND ISIN: ZAE000156550

Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
JSE share code: MNP ISIN: GB00B1CRLC47
LSE share code: MNDI

17 May 2018

Annual General Meetings - Mondi Limited and Mondi plc

As part of the dual listed company structure, Mondi Limited and Mondi plc notify both the JSE Limited and the London Stock Exchange of matters required to be disclosed under the Listings Requirements of the JSE Limited and/or the Disclosure Guidance and Transparency and Listing Rules of the United Kingdom Listing Authority.

The Annual General Meetings of Mondi Limited and Mondi plc were both held on 16 May 2018. As required by the dual listed company structure, all resolutions were treated as Joint Electorate Actions and were decided on a poll. All resolutions at both meetings were passed. The voting results of the Joint Electorate Actions are identical and are given below. Overall in excess of 68% of the total Group shares were voted.

Resolution	Votes For		%		Votes Against		%		Votes Total		Votes Withheld
Common Business: Mondi Limited and Mondi plc
1. To elect Stephen Young as a director	335,580,284		99.60		1,343,341		0.40		336,923,625		546,853
2. To re-elect Tanya Fratto as a director	334,684,426		99.34		2,233,730		0.66		336,918,156		552,322
3. To re-elect Stephen Harris as a director	335,710,478		99.64		1,213,647		0.36		336,924,125		546,853
4. To re-elect Andrew King as a director	333,232,079		98.90		3,690,946		1.10		336,923,025		547,453
5. To re-elect Peter Oswald as a director	335,067,680		99.45		1,856,345		0.55		336,924,025		546,953
6. To re-elect Fred Phaswana as a director	333,740,232		99.20		2,706,680		0.80		336,446,912		1,023,566
7. To re-elect Dominique Reiniche as a director	335,829,410		99.68		1,094,214		0.32		336,923,624		546,853
8. To re-elect David Williams as a director	324,056,713		96.32		12,389,447		3.68		336,446,160		1,024,816
9. To elect Tanya Fratto as a member of the DLC audit committee	335,712,517		99.64		1,205,751		0.36		336,918,268		552,210
10. To elect Stephen Harris as a member of the DLC audit committee	335,841,662		99.68		1,081,963		0.32		336,923,625		547,353
11. To elect Stephen Young as a member of the DLC audit committee	335,705,910		99.64		1,217,215		0.36		336,923,125		547,353
Mondi Limited Business
12. To receive the audited financial statements	336,145,649		100.00		253		0.00		336,145,902		1,324,576
13. To endorse the remuneration policy	328,740,064		98.29		5,714,924		1.71		334,454,988		3,015,489
14. To endorse the remuneration report (other than the policy)	315,849,371		94.88		17,027,679		5.12		332,877,050		4,594,427
15. To authorise a maximum increase of 2.5% in non-executive director fees*	336,730,379		99.95		182,015		0.05		336,912,394		558,084
16. To rationalise the non-executive director fee structure*	336,715,280		99.97		108,793		0.03		336,824,073		646,405
17. To declare a final dividend	334,947,332		99.41		1,976,510		0.59		336,923,842		546,636
18. To declare a special dividend	334,942,443		99.41		1,976,542		0.59		336,918,985		551,493
19. To appoint the auditors	336,909,535		100.00		6,797		0.00		336,916,332		554,146
20. To authorise the DLC audit committee to determine the auditors' remuneration	336,909,990		100.00		5,866		0.00		336,915,856		554,622
21. To authorise the directors to provide direct or indirect financial assistance*	335,144,157		99.94		212,702		0.06		335,356,859		2,113,619
22. To place 5% of the issued ordinary shares of Mondi Limited under the control of the directors of Mondi Limited	307,113,863		91.72		27,739,329		8.28		334,853,192		2,617,286
23. To place 5% of the issued special converting shares of Mondi Limited under the control of the directors of Mondi Limited	307,110,656		91.75		27,618,843		8.25		334,729,499		2,740,979
24. To authorise the directors to allot and issue ordinary shares of Mondi Limited for cash‡	309,215,981		92.17		26,257,861		7.83		335,473,842		1,996,636
25. To authorise Mondi Limited to purchase its own shares*	329,736,770		97.94		6,926,772		2.06		336,663,542		806,935
Mondi plc Business
26. To receive the report and accounts	335,414,183		99.97		100,555		0.03		335,514,738		1,955,740
27. To approve the remuneration report (other than the policy)	319,396,446		95.49		15,080,136		4.51		334,476,582		2,993,895
28. To declare a final dividend	334,233,154		99.38		2,076,395		0.62		336,309,549		1,160,929
29. To declare a special dividend	334,232,451		99.38		2,077,098		0.62		336,309,549		1,160,929
30. To appoint the auditors	336,196,066		99.97		106,802		0.03		336,302,868		1,167,610
31. To authorise the DLC audit committee to determine the auditors' remuneration	336,116,130		99.94		186,643		0.06		336,302,773		1,167,705
32. To authorise the directors to allot relevant securities	311,768,526		92.71		24,529,298		7.29		336,297,824		1,172,654
33. To authorise the directors to disapply pre-emption rights*	309,660,479		92.08		26,641,182		7.92		336,301,661		1,169,317
34. To authorise Mondi plc to purchase its own shares*	328,081,402		97.63		7,970,426		2.37		336,051,828		1,419,149

* Special Resolutions

‡ 75% votes in favour required pursuant to the Listings Requirements of the JSE Limited.

Philip LaubscherJenny Hampshire

Company Secretary Company Secretary

Mondi Limited Mondi plc

Sponsor in South Africa: UBS South Africa (Pty) Ltd