Result of Annual General Meeting
29 June 2023
Beowulf Mining Plc
(“Beowulf” or the “Company”)
Result of Annual General Meeting
The Annual General Meeting of Beowulf (AIM: BEM; Spotlight: BEO) was held at the Waterfront Building, Klarabergsviadukten 63, 101 23 Stockholm, Sweden on 29 June 2023 at 8:00 a.m. (CET)/ 7:00 a.m. (BST).
All 8 resolutions put to members were passed on a poll. Resolutions 1 to 6 were passed as ordinary resolutions and resolutions 7 and 8 were passed as special resolutions.
The number of votes cast for and against each of the resolutions proposed, and the number of votes withheld were as follows:
| Resolution | Votes for | % | Votes against | % | Votes withheld |
| Resolution 1 (Ordinary)To receive the Annual Report and Accounts of the Company for the financial year ended 31 December 2022 together with the Directors’ reports and auditor’s report on those accounts | 18,650,370 | 97.42 | 494,539 | 2.58 | 13,750 |
| Resolution 2 (Ordinary)To receive the Directors’ Remuneration Report for the financial year ended 31 December 2022 | 18,220,761 | 95.17 | 924,148 | 4.83 | 13,750 |
| Resolution 3 (Ordinary)To elect Johan Röstin as a Director of the Company | 18,664,120 | 97.42 | 494,539 | 2.58 | 0 |
| Resolution 4 (Ordinary)To re-appoint BDO LLP as auditor of the Company | 18,264,120 | 95.33 | 894,539 | 4.67 | 0 |
| Resolution 5 (Ordinary)To authorise the Directors to determine the fees payable to the auditor | 18,264,119 | 95.33 | 894,540 | 4.67 | 0 |
| Resolution 6 (Ordinary)To authorise the Directors to allot shares in the Company | 18,206,392 | 95.19 | 920,839 | 4.81 | 31,428 |
| Resolution 7 (Special)To disapply pre-emption rights generally | 18,112,363 | 94.86 | 981,440 | 5.14 | 64,856 |
| Resolution 8 (Special)To disapply pre-emption rights in connection with an acquisition or other capital investment | 18,134,492 | 94.83 | 987,739 | 5.17 | 36,428 |
As at 29 June 2023, there were 1,157,187,463 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.
The full text of each resolution is available in the Notice of Annual General Meeting, published on our website (https://beowulfmining.com/agm-2023/).
Enquiries:
| Beowulf Mining plc | |
| Johan Röstin, Chairman | [email protected] |
| SP Angel(Nominated Adviser & Broker) |
|
| Ewan Leggat / Stuart Gledhill / Adam Cowl | Tel: +44 (0) 20 3470 0470 |
| BlytheRay | |
| Tim Blythe / Megan Ray | Tel: +44 (0) 20 7138 3204 |