Business
Result of AGM
Result of AGM.
About this update from Airtel Africa Plc
Airtel Africa plc ("Airtel Africa", or the "Company") RESULT OF AGM RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING (AGM) London and Lagos, 9 July 2025: The Directors of Airtel Africa plc are pleased to announce that at its Annual General Meeting held on Wednesday 9 July 2025 at First Floor, 53/54 Grosvenor Street, London, W1K 3HU, United Kingdom, all the proposed resolutions as set out in the Notice of Annual General Meeting were passed on a poll of votes. The results of the poll for each resolution were as follows: RESOLUTION DESCRIPTION VOTES FOR % FOR VOTES AGAINST % AGAINST VOTES TOTAL % of ISC VOTED VOTES WITHHELD RESOLUTION 01 ACCOUNTS AND REPORTS 3,194,638,108 100.00% 20,136 0.00% 3,194,658,244 87.39% 1,068,839 RESOLUTION 02 REMUNERATION REPORT 3,036,737,057 99.21% 24,213,919 0.79% 3,060,950,976 83.74% 134,776,107 RESOLUTION 03 ALL EMPLOYEE SHARE PLAN 3,060,943,619 100.00% 34,195 0.00% 3,060,977,814 83.74% 134,749,269 RESOLUTION 04 FINAL DIVIDEND 3,195,697,793 100.00% 12,508 0.00% 3,195,710,301 87.42% 16,782 RESOLUTION 05 RE-ELECT SUNIL B. MITTAL 3,127,945,886 97.93% 65,956,812 2.07% 3,193,902,698 87.37% 1,824,385 RESOLUTION 06 RE-ELECT S. TALDAR 3,188,805,439 99.83% 5,485,552 0.17% 3,194,290,991 87.38% 1,436,092 RESOLUTION 07 ELECT K.DUA 3,188,227,147 99.81% 6,055,878 0.19% 3,194,283,025 87.38% 1,444,058 RESOLUTION 08 RE-ELECT A. GREEN 3,183,981,576 99.68% 10,309,479 0.32% 3,194,291,055 87.38% 1,436,028 RESOLUTION 09 RE-ELECT A.AJUMOGOBIA 3,190,994,108 99.90% 3,289,963 0.10% 3,194,284,071 87.38% 1,443,012 RESOLUTION 10 RE-ELECT P.ARKWRIGHT 3,190,814,869 99.89% 3,468,204 0.11% 3,194,283,073 87.38% 1,444,010 RESOLUTION 11 RE-ELECT T.GEBREYES 3,172,757,318 99.33% 21,526,780 0.67% 3,194,284,098 87.38% 1,442,985 RESOLUTION 12 ELECT C.GORDON 3,180,283,038 99.56% 13,997,341 0.44% 3,194,280,379 87.38% 1,446,704 RESOLUTION 13 RE-ELECT A. POUTIAINEN 3,191,311,825 99.91% 2,963,163 0.09% 3,194,274,988 87.38% 1,452,095 RESOLUTION 14 RE-ELECT R. RAJAGOPAL 3,185,947,914 99.74% 8,327,078 0.26% 3,194,274,992 87.38% 1,452,091 RESOLUTION 15 RE-ELECT SHRAVIN B MITTAL 3,190,423,092 99.88% 3,860,057 0.12% 3,194,283,149 87.38% 1,443,934 RESOLUTION 16 ELECT G.VITTAL 3,180,912,075 99.58% 13,370,639 0.42% 3,194,282,714 87.38% 1,444,369 RESOLUTION 17 REAPPOINT AUDITOR 3,195,605,348 100.00% 82,824 0.00% 3,195,688,172 87.42% 38,911 RESOLUTION 18 REMUNERATION OF AUDITOR 3,195,167,309 99.98% 522,134 0.02% 3,195,689,443 87.42% 37,640 RESOLUTION 19 POLITICAL DONATIONS 3,058,629,512 99.92% 2,341,569 0.08% 3,060,971,081 83.74% 134,756,002 RESOLUTION 20 ALLOT SHARES IN COMPANY 3,048,673,115 99.60% 12,300,104 0.40% 3,060,973,219 83.74% 134,753,864 RESOLUTION 21 PRE-EMPTION RIGHTS 3,058,798,441 99.93% 2,171,823 0.07% 3,060,970,264 83.74% 134,756,819 RESOLUTION 22 MAKE MARKET PURCHASES 3,051,162,939 99.70% 9,317,048 0.30% 3,060,479,987 83.72% 135,247,096 RESOLUTION 23 CANCELLATION OF CAPITAL REDEMPTION RESERVE 3,032,048,413 94.88% 163,655,328 5.12% 3,195,703,741 87.42% 23,342 RESOLUTION 24 CALL GENERAL MEETING 3,052,140,890 99.71% 8,800,128 0.29% 3,060,941,018 83.74% 134,786,065 Subject to rule 9.2.2E of the UK Listing Rules, the election of the Independent non-executive directors must be approved by a majority vote of both the independent shareholders (i.e. shareholders of the Company, other than the Company's controlling shareholder, who are entitled to vote on the election of Directors), and the shareholders as a whole. Therefore, the below table displays the votes for the election of the Independent non-executive directors excluding the votes of the controlling shareholder: INDEPENDENT VOTE RESOLUTION DESCRIPTION VOTES FOR % FOR VOTES AGAINST % AGAINST VOTES TOTAL % of ISC VOTED VOTES WITHHELD RESOLUTION 08 RE-ELECT A. GREEN 1,078,872,771 99.05% 10,309,479 0.95% 1,089,182,250 70.25% 1,436,028 RESOLUTION 09 RE-ELECT A.AJUMOGOBIA 1,085,885,303 99.70% 3,289,963 0.30% 1,089,175,266 70.25% 1,443,012 RESOLUTION 10 RE-ELECT P.ARKWRIGHT 1,085,706,064 99.68% 3,468,204 0.32% 1,089,174,268 70.25% 1,444,010 RESOLUTION 11 RE-ELECT T.GEBREYES 1,067,648,513 98.02% 21,526,780 1.98% 1,089,175,293 70.25% 1,442,985 RESOLUTION 12 ELECT C.GORDON 1,075,174,233 98.71% 13,997,341 1.29% 1,089,171,574 70.25% 1,446,704 RESOLUTION 13 RE-ELECT A. POUTIAINEN 1,086,203,020 99.73% 2,963,163 0.27% 1,089,166,183 70.25% 1,452,095 RESOLUTION 14 RE-ELECT R. RAJAGOPAL 1,080,839,109 99.24% 8,327,078 0.76% 1,089,166,187 70.25% 1,452,091 Notes: 1. Full details of the resolutions are set out in the Notice of Annual General Meeting dated 9 June 2025 which is available on the Investor area of Company's website at www.airtel.africa. 2. Resolutions 1 to 20 were ordinary resolutions, requiring more than 50% of shareholders' votes to be cast in favour of the resolutions. Resolutions 21 to 24 were special resolutions, requiring at least 75% of shareholders' votes to be cast in favour of the resolutions. 3. Votes 'For' include those votes giving the Chairman discretion. 4. Every shareholder has one vote for every ordinary share held. As at 6.30pm on 7 July 2025, the issued share capital of the Company consisted of 3,662,946,527 ordinary shares, including 7,489,044 treasury shares. Therefore, the total number of voting rights in Airtel Africa as at 7 July 2025 was 3,655,457,483. 5. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "Total issued share capital instructed" for any resolution. 6. A copy of resolutions 20 and 24 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism -ENDS- Enquiries Airtel Africa - Investor Relations Alastair Jones [email protected] +44 7464 830 011 +44 207 493 9315 Airtel Africa - Group Company Secretary Simon O'Hara +44 207 493 9315 About Airtel Africa Airtel Africa is a leading provider of telecommunications and mobile money services, with operations in 14 countries in sub-Saharan Africa. Airtel Africa provides an integrated offer to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally. The company's strategy is focused on providing a great customer experience across the entire footprint, enabling our corporate purpose of transforming lives across Africa. www.airtel.africa