Business
Coats : Annual General Meeting – Results (Coats Group plc 2025 May AGM Results)
Coats : Annual General Meeting – Results (Coats Group plc 2025 May AGM
About this update from Coats Group Plc
21 May 2025 Coats Group plc ('Coats' or the 'Company') Results of the Annual General Meeting ('AGM') Coats announces that at the AGM, held in London on 21 May 2025, all the resolutions put to the meeting were duly passed by way of a poll vote by the requisite majority. Resolutions 1 to 16 were passed as ordinary resolutions; resolutions 17 to 20 were passed as special resolutions. Proxy votes were received from shareholders in respect of 86% of the issued share capital. The total number of ordinary shares in issue in relation to the AGM is 1,597,810,385. The following table shows the proxy votes cast on each resolution: Resolution For + Discretion Against Votes Withheld Votes % Votes Cast Votes % Votes Cast Votes 1 Receipt of Annual Report 2024 1,374,097,875 100.00% 1,711 0.00% 4,199,545 2 Approval of Remuneration Report 1,311,577,545 95.16% 66,707,827 4.84% 13,759 3 Approval of dividend 1,378,265,284 100.00% 766 0.00% 33,081 4 Re-election of David Gosnell 1,354,014,568 98.25% 24,184,256 1.75% 100,307 5 Re-election of Sarah Highfield 1,378,237,628 100.00% 18,321 0.00% 43,182 6 Re-election of Hongyan Echo Lu 1,315,667,545 95.46% 62,539,077 4.54% 92,509 7 Re-election of Stephen Murray 1,319,183,453 95.72% 59,019,169 4.28% 96,509 8 Re-election of Frances Philip 1,319,152,403 95.71% 59,104,219 4.29% 42,509 9 Re-election of Jakob Sigurdsson 1,378,182,069 100.00% 8,053 0.00% 109,009 10 Election of Hannah Nichols 1,370,068,263 99.41% 8,140,742 0.59% 90,126 11 Election of David Paja 1,378,185,466 100.00% 7,845 0.00% 105,820 12 Election of Srinivas Phatak 1,378,163,797 100.00% 10,070 0.00% 125,264 13 Re-appointment of Auditor 1,378,065,845 99.99% 177,426 0.01% 55,860 14 Approval of Auditor remuneration 1,378,191,045 99.99% 99,338 0.01% 8,748 15 Authority to allot relevant securities 1,260,706,626 91.47% 117,545,953 8.53% 46,551 16 Authority to make political donations and incur political expenditure 1,353,869,481 98.23% 24,369,746 1.77% 24,780 17 Authority to disapply pre-emption rights 1,335,133,645 96.87% 43,070,700 3.13% 59,662 18 Authority to disapply pre-emption rights in connection with acquisitions and specified capital investments 1,319,277,857 95.72% 58,929,490 4.28% 56,659 19 Authority to purchase own shares 1,377,929,215 99.99% 117,020 0.01% 252,896 20 Authority to call general meetings on clear 14 days' notice 1,361,186,380 98.76% 17,078,530 1.24% 34,221 Notes to the resolutions: Percentage of Votes cast excludes Withheld votes; rounded to two decimal places. Any proxy appointments which gave discretion to the Chair have been included in the "for" column. A copy of the resolutions other than those resolutions comprising ordinary business passed at the AGM has been uploaded to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/ #/nsm/nationalstoragemechanism. Jackie Callaway did not stand for re-election and stepped down from the Board following the conclusion of the AGM. Further details of the resolutions (including the text of the resolutions) are given in the Notice of the 2025 Annual General Meeting which is available on the Company's website. Company Official Responsible for making this notification: Stuart Morgan Company Secretary 21 May 2025 LEI: 2138003SPYWGAITNFY17 Enquiries Investors Anjali Kotak Coats Group +44 (0)7880 471350 Media Richard Mountain / Nick Hasell FTI Consulting +44 (0)20 3727 1374 About Coats Group plc Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data and the environment. Headquartered in the UK, Coats is a FTSE250 company and a FTSE4Good Index constituent. Revenue in 2024 was $1.5 billion. Trusted by the world's leading companies to deliver crucial, innovative, and sustainable solutions, Coats provides value-adding products including apparel, accessory and footwear threads, structural footwear components, fabrics, yarns and software applications. Customer partners include companies from the apparel, footwear, automotive, telecoms, personal protection, and outdoor goods industries. With a proud heritage dating back more than 250 years and spirit of evolution to constantly stay ahead of changing market needs, Coats has operations across some 50 countries with a permanent workforce of more than 16,000, serving its customers worldwide. Coats connects talent, textiles, and technology, to make a better and more sustainable world. Worldwide, there are four dedicated Coats Innovation Hubs, where experts collaborate with partners to create the materials and products of tomorrow. It participates in the UN Global Compact and is committed to Science Based sustainability targets for 2030 and beyond, with an aspiration of achieving net-zero by 2050. Coats is also committed to achieving its goals in Diversity, Equity & Inclusion, workplace health & safety, employee & community wellbeing, and supplier social performance. To find out more about Coats visit https://www.coats.com .