16th Apr 2025 16:45
16 April 2025
BRITISH AMERICAN TOBACCO p.l.c. (the "Company")
RESULTS OF VOTING AT THE 2024 ANNUAL GENERAL MEETING
British American Tobacco p.l.c. (the 'Company') announces the result of voting on the resolutions at its Annual General Meeting ('AGM') held on Wednesday 16 April 2025 at the Hilton London Bankside, 2-8 Great Suffolk St, London, SE1 0UG. The full text of the resolutions, along with the explanatory notes, is set out in the Notice of Annual General Meeting dated 5 March 2025.
The table below sets out the results of the poll on each of the total of 21 Resolutions as stated in the Notice of Meeting dated 5 March 2025. All valid proxy votes (whether submitted electronically or in hard copy form) were included in the poll taken at the Meeting. Each shareholder, present in person or by proxy, was entitled to one vote per ordinary share of 25p held.
Resolution | Votes For | % of votes cast | Votes against | % of votes cast | Votes Withheld | Votes cast in total | Total cast as a % of issued share capital |
1. Receipt of 2024 Report and Accounts | 1,604,423,816 | 99.81% | 3,007,431 | 0.19% | 3,727,349 | 1,607,431,247 | 73.02% |
2. Approval of the 2025 Directors' Remuneration Policy | 1,582,103,742 | 98.32% | 27,065,379 | 1.68% | 1,989,473 | 1,609,169,121 | 73.10% |
3. Approval of the 2024 Directors' Remuneration Report | 1,584,560,241 | 98.46% | 24,754,103 | 1.54% | 1,844,248 | 1,609,314,344 | 73.10% |
4.Reappointment of KPMG LLP as Auditors | 1,551,037,131 | 96.35% | 58,722,742 | 3.65% | 1,398,723 | 1,609,759,873 | 73.12% |
5. Authority for the Audit Committee to agree the Auditors' remuneration | 1,602,760,781 | 99.57% | 6,899,212 | 0.43% | 1,498,603 | 1,609,659,993 | 73.12% |
6. Re-election of Luc Jobin as a Director | 1,585,632,252 | 98.53% | 23,591,640 | 1.47% | 1,934,702 | 1,609,223,892 | 73.10% |
7. Re-election of Tadeu Marroco as a Director | 1,603,357,945 | 99.61% | 6,240,594 | 0.39% | 1,560,056 | 1,609,598,539 | 73.11% |
8. Re-election of Kandy Anand as a Director | 1,596,545,940 | 99.26% | 11,873,084 | 0.74% | 2,739,571 | 1,608,419,024 | 73.06% |
9. Re-election of Karen Guerra as a Director | 1,601,724,941 | 99.58% | 6,716,268 | 0.42% | 2,717,386 | 1,608,441,209 | 73.06% |
10. Re-election of Holly Keller Koeppel as a Director | 1,551,330,018 | 96.45% | 57,143,008 | 3.55% | 2,685,569 | 1,608,473,026 | 73.06% |
11. Re-election of Véronique Laury as a Director | 1,601,623,862 | 99.58% | 6,765,405 | 0.42% | 2,769,328 | 1,608,389,267 | 73.06% |
12. Re-election of Darrell Thomas as a Director | 1,601,715,479 | 99.58% | 6,704,923 | 0.42% | 2,738,193 | 1,608,420,402 | 73.06% |
13. Re-election of Serpil Timuray as a Director | 1,592,901,711 | 99.04% | 15,484,508 | 0.96% | 2,771,133 | 1,608,386,219 | 73.06% |
14. Election of Soraya Benchikh as a Director | 1,607,591,937 | 99.88% | 1,921,986 | 0.12% | 1,644,673 | 1,609,513,923 | 73.11% |
15. Election of Uta Kemmerich-Keil as a Director | 1,605,979,952 | 99.85% | 2,412,034 | 0.15% | 2,764,609 | 1,608,391,986 | 73.06% |
16. Authority to make donations to political organisations and to incur political expenditure | 1,499,201,368 | 93.14% | 110,377,277 | 6.86% | 1,579,950 | 1,609,578,645 | 73.11% |
17. Renewal of Directors' authority to allot shares | 1,511,285,703 | 93.89% | 98,348,344 | 6.11% | 1,524,383 | 1,609,634,047 | 73.12% |
18. Establishment of Performance Share Plan | 1,584,522,405 | 98.44% | 25,077,326 | 1.56% | 1,557,360 | 1,609,599,731 | 73.11% |
19. Renewal of Directors' authority to disapply pre-emption rights | 1,485,012,776 | 92.28% | 124,287,266 | 7.72% | 1,858,554 | 1,609,300,042 | 73.10% |
20. Authority for the Company to make market purchases of ordinary shares | 1,605,790,686 | 99.78% | 3,503,243 | 0.22% | 1,864,666 | 1,609,293,929 | 73.10% |
21. Notice period for General Meetings | 1,538,821,590 | 95.60% | 70,884,506 | 4.40% | 1,452,499 | 1,609,706,096 | 73.12% |
All resolutions were passed at the Company's AGM today with the requisite majority of votes.
The number of ordinary shares in issue (excluding Treasury shares) at the close of business on Monday 14 April 2025 was 2,201,463,243. Shareholders are entitled to one vote per share. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution. All valid proxy votes (whether submitted electronically or in hard copy form) were included in the poll. Proxy appointments which gave discretion to the Chair have been included in the total votes 'for' the respective resolutions.
In accordance with UK Listing Rules 6.4.1 and 6.4.2, copies of Resolutions 17 and 19 to 21 have been submitted to the Financial Conduct Authority, and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
C Worlock
Assistant Secretary
British American Tobacco p.l.c.
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Victoria Buxton: +44 (0)20 7845 2012 | [email protected]
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