Business
Result of AGM
Topps Tiles Plc announced that all thirteen resolutions proposed at its Annual General Meeting were passed by shareholders, with resolutions 1 through 12 receiving overwhelming support, exceeding 96% in favour. Notably, Resolution 13, concerning the directors' authority to allot shares, passed with 53.16% of votes in favour, prompting the Board to engage with shareholders to understand their concerns and provide an update within six months. The total votes cast for most resolutions represented approximately 70.10% of the issued share capital. Disclaimer*
About this update from Topps Tiles Plc
15 January 2026 Topps Tiles Plc Result of AGM Topps Tiles Plc (the " Company "), the UK's leading tile specialist, announces that at its Annual General Meeting (the " AGM ") held earlier today, all of the Resolutions proposed (1 -13) were duly passed by the requisite majority on a poll. The full text of each resolution is contained in the 2026 Notice of AGM which is available on the Company's website www.toppsgroup.com. The following table shows the total number of votes cast for each Resolution: Resolution VOTES FOR VOTES AGAINST VOTES TOTAL WITHHELD Number of votes % Number of votes % Number of votes % of ISC Number of votes 1 Approval of the Company's annual report and accounts 137,856,026 99.98% 23,626 0.02% 137,879,652 70.10% 34,617 2 Declaration of a final dividend 137,899,710 99.99% 14,559 0.01% 137,914,269 70.12% 0 3 Approval of the directors' remuneration report 133,308,560 96.71% 4,536,451 3.29% 137,845,011 70.09% 69,258 4 Approval of the directors remuneration policy 133,191,482 96.63% 4,645,333 3.37% 137,836,815 70.08% 77,454 5 Re-election of Denise Jagger as a director 136,908,236 99.30% 968,853 0.70% 137,877,089 70.10% 37,180 6 Re-election of Martin Payne as a director 136,908,568 99.29% 975,217 0.71% 137,883,785 70.10% 30,484 7 Re-election of Paul Forman as a director 136,290,429 98.84% 1,594,856 1.16% 137,885,285 70.11% 28,984 8 Re-election of Diana Breeze as a director 132,858,520 96.35% 5,026,765 3.65% 137,885,285 70.11% 28,984 9 Re-election of Kari Daniels as a director 136,919,559 99.30% 964,226 0.70% 137,883,785 70.10% 30,484 10 Election of Alex Jensen as a director 137,842,475 99.97% 42,810 0.03% 137,885,285 70.11% 28,984 11 Re-appointment of Forvis Mazars LLP as auditor 137,859,804 99.98% 25,481 0.02% 137,885,285 70.11% 28,984 12 Authorisation of the auditor's remuneration 137,473,724 99.73% 371,287 0.27% 137,845,011 70.09% 69,258 13 Directors' authority to allot shares 73,321,800 53.16% 64,592,469 46.84% 137,914,269 70.12% 0 Notes 1. Any proxy appointments which gave discretion to the Chairman have been included in the "Total votes for" total. 2. A "Vote Withheld" is not a valid vote in English law and was not counted in the calculation of the proportion of the votes "For" or "Against" a Resolution. 3. As at the date of the AGM the issued share capital of the Company was 196,681,818 ordinary shares of 3.33 pence each. The Board would like to thank shareholders for their engagement and support ahead of the AGM and throughout the year. Whilst the majority of the Resolutions were passed with majorities in excess of 50%, the Board notes that Resolution 13 passed with a majority of less than 80% (receiving votes in favour of 53.16%. In accordance with provision 4 of the UK Corporate Governance Code (the " Code "), the Board confirms that it will consult and engage with the relevant shareholders to understand and discuss their views with respect to this Resolution. An update will be provided within six months of the AGM, in accordance with the Code. These results will shortly be available on the Company's website at www.toppsgroup.com and, in accordance with UK Listing Rule 6.4.2, copies of the Resolutions that were passed at the meeting and that do not constitute ordinary business at an annual general meeting will be submitted to the National Storage Mechanism. and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism Enquiries: Topps Tiles Plc Joanne Steer, Company Secretary 0116 282 8000 Citigate Dewe Rogerson Angharad Couch 020 7638 9571 Notes to Editors Topps Tiles Plc is the UK's largest specialist supplier of tiles and associated products, targeting the UK domestic, commercial and housebuilder markets and serving homeowners, trade customers, contractors, architects and designers from 296 nationwide Topps Tiles stores, a commercial showroom in London, the CTD store estate (22 stores) and ten customer-facing websites: www.toppstiles.co.uk , www.parkside.co.uk , www.protilertools.co.uk , www.northantstools.co.uk , www.premiumtiletrim.co.uk , www.warmfloorstore.co.uk www.flooringmaterials.co.uk , www.tilewarehouse.co.uk , www.ctdtiles.co.uk and www.firedearth.com . Since opening its first store in 1963, Topps has maintained a simple operating philosophy ‐ inspiring customers with unrivalled product choice and providing exceptional levels of customer service. For further information on the Group, please visit www.toppsgroup.com