Result of Annual General Meeting

28 October 2022

 

ITM Power PLC

("ITM Power" or the "Company")

 

Result of Annual General Meeting

 

ITM Power (AIM: ITM), the energy storage and clean fuel company, announces that all resolutions put to shareholders were duly passed on a poll at the Company's Annual General Meeting, which took place at 2 Bessemer Park, Sheffield, S9 1DZ at 10:00 this morning.

 

The votes cast were as follows:

 

Ordinary Resolutions:	For		Against		Withheld
	Votes	%	Votes	%
1 - Receive Annual Report and Accounts	202,795,650	99.73%	549,707	0.27%	1,562,234
2 - Approve Remuneration Report	183,106,055	89.47%	21,561,098	10.53%	240,438
3 - Elect Denise Cockrem	203,824,196	99.59%	847,073	0.41%	236,322
4 - Re-elect Dr Simon Bourne	190,419,811	92.98%	14,373,794	7.02%	113,986
5 - Re-elect Martin Green	199,055,138	97.20%	5,738,554	2.80%	113,899
6 - Re-elect Dr Rachel Smith	189,895,807	92.73%	14,897,798	7.27%	113,986
7 - Re-appoint Grant Thornton as auditors	198,413,051	96.88%	6,381,721	3.12%	112,819
8 - Directors determine auditor remuneration	198,353,119	96.85%	6,447,760	3.15%	106,712
9 - Directors' authority to allot shares	194,453,378	94.95%	10,346,781	5.05%	107,432
Special Resolution:
10 - Authority to disapply pre-emption rights	195,313,522	95.39%	9,448,348	4.61%	145,721
11 - Adopt new Articles of Association	184,239,684	89.98%	20,514,306	10.02%	153,601

 

For further information, please visit www.itm-power.com or contact:

ITM Power PLC	(0)114 244 5111
James Collins, Head of Investor Relations Andrew Allen, Company Secretary
Investec Bank plc (Nominated Adviser and Broker)	(0)20 7597 5970
Jeremy Ellis / Chris Sim / Ben Griffiths
Tavistock (Financial PR and IR)	(0)20 7920 3150
Simon Hudson / Tim Pearson

 

About ITM Power PLC:

ITM Power manufactures integrated hydrogen energy solutions for grid balancing, energy storage and the production of renewable hydrogen for transport, renewable heat and chemicals. ITM Power PLC was admitted to the AIM market of the London Stock Exchange in 2004.

 

ITM Power operates from the world's largest operational electrolyser factory in Sheffield with a capacity planned to reach 1.5 GW (1,500 MW) per annum and has an ambition to grow capacity in line with demand to 5 GW per annum, supported by a 250m equity raise in Q4 2021. Partners include Linde, Shell, Snam, and Vitol among others.

 

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