XP POWER LTD - Result of Annual General Meeting

XP POWER LTD - Result of Annual General Meeting

PR Newswire

London, April 20

20 April 2021

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 20 April 2021, commencing at 5.00 p.m.Singapore time. All resolutions were unanimously passed by a show of hands.

For information, the following table shows the total votes cast by proxy voting on the resolutions that were put to the meeting. The total number of shares in issue was 19,642,296.

Resolution number	Resolution description	In Favour		Against		Withheld
		Votes	%	Votes	%	Votes
1	To receive and adopt the reports and audited accounts	12,850,153	100.0%	0	0.0%	25,000
2	To approve the final dividend	12,875,153	100.0%	0	0.0%	0
3	To re-elect James Peters	12,308,528	95.6%	566,625	4.4%	0
4	To re-elect Terry Twigger	11,874082	92.2%	1,001,071	7.8%	0
5	To re-elect Andy Sng	12,743,380	99.0%	131,773	1.0%	0
6	To re-elect Pauline Lafferty	11,842,831	92.0%	1,032,322	8.0%	0
7	To re-elect Gavin Griggs	12,834,493	99.7%	40,660	0.3%	0
8	To re-elect Polly Williams	11,964,860	92.9%	910,293	7.1%	0
9	To reappoint auditors	12,779,949	99.3%	86,485	0.7%	8,719
10	Remuneration of auditors	12,823,128	99.6%	52,025	0.4%	0
11	To receive and adopt the Remuneration Report	11,656,814	90.5%	1,218,147	9.5%	192
12	Authority to allot shares	11,549,109	97.5%	297,325	2.5%	1,028,719
13	To authorize the issue of shares	12,875,153	100.00%	0	0.0%	0
14	To authorize the disapplication of pre-emption rights	12,843,717	99.8%	31,436	0.2%	0
15	Authority for the Company to purchase its own shares	12,850,153	99.8%	25,000	0.2%	0

Note: Percentage of votes cast excludes withheld votes

Enquiries:

XP Power

Gavin Griggs, Chief Executive Officer [phone]

Johan Olivier, Acting Chief Financial Officer [phone]