Result of AGM

About this update from Gore Street Energy Storage Fund Plc

Gore Street Energy Storage Fund plc Annual General Meeting 18 September 2025   Gore Street Energy Storage Fund plc ("the Company") announces the results of its Annual General Meeting, held today, Wednesday 18 September 2025, at the o ffices of Stephenson Harwood LLP, 1 Finsbury Circus, London EC2M 7SH. The Board is pleased to report that all ordinary resolutions as set out in the Notice of Meeting were duly passed by poll. Of the special resolutions (Resolutions 14-17), which required 75% of votes cast in favour to pass, Resolutions 16 and 17 passed. Resolutions 14 and 15 received support of over 74% but did not pass. The results of the poll were: Resolution Votes For (including discretionary) % Votes Against % Votes Withheld % of Issued Share Capital voted 1 To receive the annual financial statements with the Directors' and auditor's reports on the statements 255,703,563 94.62 14,541,079 5.38 2,216,532 53.50 2 To approve the dividend frequency policy 228,587,149 84.57 41,714,546 15.43 2,159,479 53.51 3 To approve the Directors' remuneration report 226,293,827 83.96 43,223,147 16.04 2,944,200 53.36 4 To approve the remuneration policy 219,798,466 83.41 43,720,943 16.59 8,941,765 52.17 5 To re-elect Patrick Cox 197,434,268 73.01 72,998,143 26.99 2,028,763 53.54 6 To re-elect Caroline Banszky 210,967,219 78.02 59,442,461 21.98 2,051,494 53.54 7 To re-elect Malcolm King 221,211,256 82.28 47,645,392 17.72 3,604,526 53.23 8 To re-elect Thomas Murley 221,334,386 82.33 47,506,243 17.67 3,620,545 53.23 9 To re-elect Lisa Scenna 217,443,565 80.88 51,403,833 19.12 3,613,776 53.23 10 To appoint Ernst & Young LLP as auditor 253,968,885 94.10 15,933,520 5.90 2,558,766 53.44 11 To authorise the directors to determine the auditor's remuneration 253,195,292 93.72 16,954,300 6.28 2,311,582 53.48 12 To authorise the Directors to allot shares 210,629,224 78.01 59,368,763 21.99 2,463,187 53.45 13 Subject to the passing of resolution 12, to authorise the Directors to allot additional shares 210,287,628 77.90 59,669,073 22.10 2,504,473 53.45 14* Subject to the passing of resolution 12, to authorise the Directors to allot equity securities 201,637,520 74.74 68,141,416 25.26 2,682,238 53.41 15* Subject to the passing of resolution 13, to authorise the Directors to allot equity securities 201,864,458 74.82 67,933,625 25.18 2,663,091 53.41 16* To renew the authority of the company to make market purchases of own ordinary shares 259,227,122 95.81 11,338,718 4.19 1,895,334 53.57 17* To approve a 14-day notice period for general meetings 254,946,999 94.33 15,322,128 5.67 2,192,047 53.51   *Resolutions 14-17 were special resolutions.  Copies of resolutions 12-17 will be filed at Companies House.   While Resolutions 5, 6, 12, and 13 passed, they received a significant number of votes against. The Board takes this feedback seriously and, in line with Provision 4 of the AIC Corporate Governance Code 2024, the Board will report on the actions it has taken to further engage with shareholders. The Board also expects to undertake a further round of formal shareholder engagement in approximately six months to update on progress.      Shareholders are entitled to one vote per share. Votes withheld are not a vote in law and are therefore not counted in the calculation of the percentages of the votes cast for and against a resolution. Where shareholders appointed the Chairman as their proxy with discretion as to voting, their votes were cast in favour of the resolutions, and their shares have been included in the "votes for" column.   The total number of ordinary shares of 1p each in issue is 505,099,478. The total number of voting rights is: 505,099,478.      In accordance with LR 6.4.2, a copy of the resolutions passed, other than resolutions concerning ordinary business, at today's AGM will be submitted to the National Storage Mechanism and will be available for inspection at  https://data.fca.org.uk/#/nsm/nationalstoragemechanism .   Enquiries: 0204 583 6354 Gore Street Services Limited Secretary

View stock analysis, news, and events for Gore Street Energy Storage Fund Plc