RHI Magnesita N.V. Result of AGM (8182M)

TIDMRHIM

RNS Number : 8182M

RHI Magnesita N.V.

25 May 2022

RHI Magnesita N.V.

("RHI Magnesita" or the "Company")

Result of the Annual General Meeting 2022 ("AGM")

Following the AGM held today, 25 May 2022, RHI Magnesita announces that each of the voting resolutions set out in the Notice of Meeting to Shareholders, dated 13 April 2022, were passed by the requisite majority. A poll was held on each of the resolutions proposed. The results of the poll, incorporating proxy votes lodged in advance of the meeting, are set out below:

 
 Resolutions                             Votes        % of     Votes       % of     Total        Total       Number 
                                          for          votes    against     votes    votes        votes       of votes 
                                                       cast                 cast     validly      cast        withheld 
                                                                                     cast         as a 
                                                                                                  % 
                                                                                                  of the 
                                                                                                  relevant 
                                                                                                  shares 
                                                                                                  in issue 
 Resolution 3 
  To adopt the annual 
  accounts for the financial 
  year ended 31 December 
  2021                                   35,938,623   100.00           0     0.00   36,061,102      76.73%     122,479 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 4 
  To declare a final 
  dividend of EUR1.00 
  per share for the financial 
  year ended 31 December 
  2021                                   36,057,190   100.00           0     0.00   36,061,102      76.73%       3,912 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 5 
  To release the directors 
  from liability for 
  the exercise of their 
  respective duties during 
  the financial year 
  2021                                   35,936,576   100.00           0     0.00   36,061,102      76.73%     124,526 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 6. a. 
  To re-elect S. Borgas                  35,968,305    99.75      88,675     0.25   36,061,102      76.73%       4,122 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 6. b. 
  To re-elect I. Botha                   35,745,356    99.73      97,400     0.27   36,061,102      76.73%     218,346 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 7. a. 
  To re-elect H. Cordt                   33,245,455    93.67   2,247,301     6.33   36,061,102      76.73%     568,346 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 7. b. 
  To re-elect J. Ramsay                  35,502,247    98.46     554,733     1.54   36,061,102      76.73%       4,122 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 7. c. 
  To re-elect J Ashdown                  36,023,866    99.91      33,114     0.09   36,061,102      76.73%       4,122 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 7. d. 
  To re-elect D. Schlaff                 34,947,792    97.50     894,964     2.50   36,061,102      76.73%     218,346 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 7. e. 
  To re-elect S.O.L.B 
  Prinz zu Sayn-Wittgenstein- 
  Berleburg                              34,947,725    97.50     895,031     2.50   36,061,102      76.73%     218,346 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 7. f. 
  To re-elect F. Paulus                  36,023,933    99.91      33,047     0.09   36,061,102      76.73%       4,122 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 7. g. 
  To re-elect J. Brown                   36,023,736    99.91      33,244     0.09   36,061,102      76.73%       4,122 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 7. h. 
  To re-elect K. Sevelda                 35,859,011    99.45     197,969     0.55   36,061,102      76.73%       4,122 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 7. i. 
  To re-elect M-H. Ametsreiter           36,023,866    99.91      33,114     0.09   36,061,102      76.73%       4,122 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 7. j. 
  To re-elect S. Heifetz                 34,258,452    95.01   1,798,528     4.99   36,061,102      76.73%       4,122 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 7. k. 
  To re-elect W. Ruttenstorfer           32,755,535    91.39   3,087,221     8.61   36,061,102      76.73%     218,346 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 8 
  To re-appoint PricewaterhouseCoopers 
  Accountants N.V. as 
  the Company's auditor 
  for the financial year 
  2022                                   36,056,638   100.00          67     0.00   36,061,102      76.73%       4,397 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 9 
  To approve, as an advisory 
  vote, the Directors' 
  Remuneration Report 
  (excluding the Directors' 
  Remuneration Policy) 
  for the period ended 
  31 December 2021                       35,808,248    99.31     248,942     0.69   36,061,102      76.73%       3,912 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 10 
  To establish the proposed 
  remuneration of the 
  Non-Executive Directors                36,040,542    99.95      16,648     0.05   36,061,102      76.73%       3,912 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 11 
  Authority to issue 
  ordinary shares or 
  grant rights to acquire 
  ordinary shares.                       35,637,463    98.84     419,727     1.16   36,061,102      76.73%       3,912 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 12 
  Limited disapplication 
  of pre-emption rights.                 34,740,220    96.35   1,316,970     3.65   36,061,102      76.73%       3,912 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 Resolution 13 
  Authority to acquire 
  shares in the Company 
  or depositary receipts 
  of such shares.                        35,985,259    99.81      67,747     0.19   36,061,102      76.73%       8,096 
                                        -----------  -------  ----------  -------  -----------  ----------  ---------- 
 

Notes:

1. Resolutions 1 and 2 were non-voting resolutions and are therefore not included in the table above

2. 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 46,999,019.

3. A "Vote withheld" is not a vote in law and is not counted in the calculation of the % of shares voted "For" or "Against" a resolution.

4. In accordance with LR 9.6.2, copies of the resolutions passed have been submitted to the National Storage Mechanism website and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

5. These results will also shortly be available on the Company's website at https://ir.rhimagnesita.com/

For further enquiries, please contact:

Sally Caswell, Company Secretary

Tel: [phone]

E-mail: [e-mail]

Chris Bucknall, Head of Investor Relations

Tel: [phone]

E--mail: [e-mail]

About RHI Magnesita

RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are indispensable for industrial high-temperature processes exceeding 1,200degC in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves customers in nearly all countries around the world. The Company has a high level of geographic diversification with around 12,000 employees in 28 main production sites and more than 70 sales offices around the world. RHI Magnesita intends to leverage its global leadership in terms of revenue, scale, product portfolio and diversified geographic presence to target strategically those countries and regions benefitting from more dynamic economic growth prospects.

Its shares have a premium listing on the London Stock Exchange (symbol: RHIM) and are a constituent of the FTSE 250 index. For more information please visit: www.rhimagnesita.com

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May 25, 2022 10:59 ET (14:59 GMT)