London, 1 May 2024
UNILEVER
PLC
RESULTS OF ANNUAL GENERAL
MEETING
Unilever PLC shareholders today
approved each of the resolutions
put to the 2024
Annual General Meeting. Resolutions 1 to 17 were
passed as ordinary resolutions and resolutions 18 to 22 were passed
as special resolutions. Voting was by poll on each resolution and
the results are set out below.
BOARD APPOINTMENTS
The following directors stood for
election or re-election and were duly elected or re-elected by the
shareholders of Unilever PLC:
Fernando Fernandez, Adrian Hennah,
Andrea Jung, Susan Kilsby, Ruby Lu, Judith McKenna, Ian
Meakins, Nelson Peltz and Hein
Schumacher.
POLL RESULTS - ANNUAL GENERAL MEETING
1
MAY
2024
|
|
TOTAL VOTES
FOR
|
%
|
TOTAL VOTES
AGAINST
|
%
|
TOTAL VOTES
CAST
|
% OF SHARE CAPITAL VALIDLY
CAST VOTED FOR AND AGAINST
|
VOTES
WITHHELD
|
|
1. To receive the Reports and
Accounts for the year ended 31 December 2023
|
1,800,729,225
|
99.45%
|
9,966,995
|
0.55%
|
1,810,696,220
|
72.35%
|
3,481,866
|
|
2. To approve the Directors'
Remuneration Report
|
1,774,251,126
|
97.96%
|
36,962,423
|
2.04%
|
1,811,213,549
|
72.37%
|
2,966,904
|
|
3. To approve the Directors'
Remuneration Policy
|
1,769,512,007
|
97.69%
|
41,749,811
|
2.31%
|
1,811,261,818
|
72.37%
|
2,918,626
|
|
4.To approve the Climate Transition
Action Plan
|
1,659,769,519
|
97.59%
|
41,001,833
|
2.41%
|
1,700,771,352
|
67.96%
|
113,395,016
|
|
5. To elect Fernando Fernandez as a
Director
|
1,808,673,411
|
99.77%
|
4,108,371
|
0.23%
|
1,812,781,782
|
72.43%
|
1,395,610
|
|
6. To re-elect Adrian Hennah as a Director
|
1,705,872,213
|
94.16%
|
105,743,176
|
5.84%
|
1,811,615,389
|
72.39%
|
2,564,082
|
|
7. To re-elect Andrea Jung as
a Director
|
1,779,071,833
|
98.21%
|
32,469,478
|
1.79%
|
1,811,541,311
|
72.38%
|
2,632,754
|
|
8. To re-elect Susan Kilsby
as a Director
|
1,806,649,018
|
99.67%
|
5,980,303
|
0.33%
|
1,812,629,321
|
72.43%
|
1,550,150
|
|
9. To re-elect Ruby Lu as a Director
|
1,793,283,012
|
99.43%
|
10,242,062
|
0.57%
|
1,803,525,074
|
72.06%
|
10,654,268
|
|
10. To elect Ian Meakins as a Director
|
1,785,432,531
|
98.61%
|
25,251,509
|
1.39%
|
1,810,684,040
|
72.35%
|
3,496,208
|
|
11. To elect Judith McKenna as a Director
|
1,810,541,577
|
99.89%
|
2,053,978
|
0.11%
|
1,812,595,555
|
72.43%
|
1,583,827
|
|
12. To
re-elect Nelson Peltz as a Director
|
1,786,458,851
|
98.55%
|
26,257,254
|
1.45%
|
1,812,716,105
|
72.43%
|
1,463,200
|
|
13. To
re-elect Hein Schumacher as a Director
|
1,808,470,703
|
99.76%
|
4,348,673
|
0.24%
|
1,812,819,376
|
72.44%
|
1,358,500
|
|
14. To reappoint KPMG LLP as Auditors
of the Company
|
1,791,600,664
|
98.88%
|
20,211,645
|
1.12%
|
1,811,812,309
|
72.40%
|
2,367,156
|
|
15. To authorise the Directors to fix
the remuneration of the Auditor
|
1,809,554,441
|
99.88%
|
2,238,563
|
0.12%
|
1,811,793,004
|
72.39%
|
2,385,562
|
|
16. To authorise Political Donations
and expenditure
|
1,774,391,901
|
98.34%
|
29,900,923
|
1.66%
|
1,804,292,824
|
72.10%
|
9,887,318
|
|
17. To authorise the Directors to allot
shares
|
1,740,915,807
|
96.04%
|
71,823,507
|
3.96%
|
1,812,739,314
|
72.43%
|
1,441,372
|
|
18. To
authorise the Directors to disapply pre-emption rights
|
1,784,960,145
|
98.50%
|
27,178,616
|
1.50%
|
1,812,138,761
|
72.41%
|
2,040,710
|
|
19. To
authorise the Directors to disapply pre-emption rights for the
purposes of acquisitions or capital investments
|
1,782,126,412
|
98.33%
|
30,191,118
|
1.67%
|
1,812,317,530
|
72.42%
|
1,861,941
|
|
20. To authorise the Company to
purchase its own shares
|
1,809,085,300
|
99.81%
|
3,404,753
|
0.19%
|
1,812,490,053
|
72.42%
|
1,690,633
|
|
21. To authorise the Directors to call
General Meetings (other than an AGM) on 14 clear days'
notice
|
1,699,190,110
|
93.75%
|
113,185,068
|
6.25%
|
1,812,375,178
|
72.42%
|
1,803,565
|
|
22. Adoption of new Articles of
Association.
|
1,809,436,070
|
99.92%
|
1,486,543
|
0.08%
|
1,810,922,613
|
72.36%
|
3,255,671
|
NOTES:
- The 'For' vote includes votes
given at the Chairman's discretion and details of proxy votes cast
are included in the table above.
- As at close of business on 30
April 2024 the
total number of issued ordinary shares of Unilever PLC was
2,521,497,338. Of those ordinary shares, 16,181,572 were held as
treasury shares and 2,665,283 ordinary shares (including ordinary
shares represented by Unilever PLC ADSs) were held by or on behalf
of companies in the Unilever Group (the "Unilever Group Shares"). The voting
rights attaching to the Unilever Group Shares are not exercisable.
Therefore, as at 11.30am
on 1 May
2024, the total
number of Unilever PLC ordinary shares with exercisable voting
rights was 2,502,650,483.
A 'Vote withheld' is not a vote in
law and will not be counted in the calculation of the proportion of
the votes 'for' and 'against' a resolution.
In accordance with Listing Rule
9.6.2 copies of all the resolutions passed, other than ordinary
business, will be submitted to and available for inspection at the
National Storage Mechanism and will shortly be available for
inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
A copy of the resolutions can also be found in the Chairman's
Letter and Notice of Meeting which is available on our
website: www.unilever.com/AGM
1 May
2024
Cautionary Statement:
This announcement may contain
forward-looking statements, including 'forward-looking statements'
within the meaning of the United States Private Securities
Litigation Reform Act of 1995, concerning the financial condition,
results of operations and businesses of the Unilever Group (the
'Group'). All statements other than statements of historical fact
are, or may be deemed to be, forward-looking statements. Words and
terminology such as 'will', 'aim', 'expects', 'anticipates',
'intends', 'looks', 'believes', 'vision', 'ambition', 'target',
'goal', 'plan', 'potential', 'work towards', 'may', 'milestone',
'objectives', 'outlook', 'probably', 'project', 'risk', 'seek',
'continue', 'projected', 'estimate', 'achieve' or the negative of
these terms, and other similar expressions of future performance,
results, actions or events, and their negatives, are intended to
identify such forward-looking statements. Forward-looking
statements also include, but are not limited to, statements and
information regarding Unilever's acceleration of its Growth Action
Plan, Unilever's portfolio optimisation towards global or scalable
brands, the capabilities and potential of such brands, the various
aspects of the separation of the Ice Cream business and its future
operational model, strategy, growth potential, performance and
returns, Unilever's productivity programme, its impacts and cost
savings over the next three years and operation dis-synergies from
the separation of the Ice Cream business, the Group's emissions
reduction targets and other climate change related matters
(including actions, potential impacts and risks associated
therewith). Forward-looking statements can be made in writing but
also may be made verbally by directors, officers and employees of
the Group (including during management presentations) in connection
with this announcement. These forward-looking statements are based
upon current beliefs, expectations and assumptions regarding
anticipated developments and other factors affecting the Group.
They are not historical facts, nor are they guarantees of future
performance or outcomes. All forward-looking statements contained
in this announcement are expressly qualified in their entirety by
the cautionary statements contained or referred to in this section.
Readers should not place undue reliance on forward-looking
statements.
Because these forward-looking
statements involve known and unknown risks and uncertainties, a
number of which may be beyond the Group's control, there are
important factors that could cause actual results to differ
materially from those expressed or implied by these forward-looking
statements. Among other risks and uncertainties, the material or
principal factors which could cause actual results to differ
materially from the forward-looking statements expressed in this
announcement are: Unilever's ability to successfully separate the
Ice Cream business and realise the anticipated benefits of the
separation; Unilever's ability to successfully execute and
consummate its productivity programme in line with expected costs
to achieve expected savings; Unilever's global brands not meeting
consumer preferences; Unilever's ability to innovate and remain
competitive; Unilever's investment choices in its portfolio
management; the effect of climate change on Unilever's business;
Unilever's ability to find sustainable solutions to its plastic
packaging; significant changes or deterioration in customer
relationships; the recruitment and retention of talented employees;
disruptions in Unilever's supply chain and distribution; increases
or volatility in the cost of raw materials and commodities; the
production of safe and high quality products; secure and reliable
IT infrastructure; execution of acquisitions, divestitures and
business transformation projects; economic, social and political
risks and natural disasters; financial risks; failure to meet high
and ethical standards; and managing regulatory, tax and legal
matters.
The forward-looking statements are
based on our beliefs, assumptions and expectations of our future
performance, taking into account all information currently
available to us. Forward-looking statements are not predictions of
future events. These beliefs, assumptions, and expectations can
change as a result of many possible events or factors, not all of
which are known to us. If a change occurs, our business, financial
condition, liquidity and results of operations may vary materially
from those expressed in our forward-looking statements.
The forward-looking statements speak
only as of the date of this announcement. Except as required by any
applicable law or regulation, the Group expressly disclaims any
intention, obligation or undertaking to release publicly any
updates or revisions to any forward-looking statements contained
herein to reflect any change in the Group's expectations with
regard thereto or any change in events, conditions or circumstances
on which any such statement is based. New risks and uncertainties
arise over time, and it is not possible for us to predict those
events or how they may affect us. In addition, we cannot assess the
impact of each factor on our business or the extent to which any
factor, or combination of factors, may cause actual results to
differ materially from those contained in any forward-looking
statements.
Further details of potential risks
and uncertainties affecting the Group are described in the Group's
filings with the London Stock Exchange, Euronext Amsterdam and the
US Securities and Exchange Commission, including in the Annual
Report on Form 20-F 2023 and the Unilever Annual Report and
Accounts 2023.