Business
Results of General Meeting
Results of General Meeting.
About this update from Naked Wines Plc
24 October 2023 Naked Wines plc ("Naked Wines" or "Group") Results of General Meeting Naked Wines Plc is pleased to announce that at its General Meeting ("GM") held at 4:00 p.m. (UK time) on 23 October 2023 all resolutions set out in the Notice of GM were duly passed. Voting was conducted by way of a poll on the resolutions proposed at the GM. The number of votes for and against each of the resolutions put before the GM and the number of votes withheld were as follows: Resolution Vote For %* Votes Against %* Withheld Total Votes* 1 Receipt of annual report and accounts 35,498,238 99.97 10,469 0.03 2,954 35,508,707 2 Directors' Remuneration Report 32,983,689 92.90 2,521,178 7.10 6,794 35,504,867 3 Directors' Remuneration Policy 33,855,533 95.35 1,649,584 4.65 6,544 35,505,117 4 2016 Long Term Incentive Plan ("LTIP") Rules and Proposed 2024 LTIP Award 33,921,336 95.54 1,584,415 4.46 5,910 35,505,751 * NB: Percentage of votes cast and total votes excludes Withheld votes For further information, please contact: Naked Wines plc Nick Devlin, Chief Executive Officer James Crawford, Chief Financial Officer Chris MacDonald [email protected] Investec (NOMAD & Joint Broker) David Flin / Carlton Nelson / Ben Farrow Tel: 0207 597 5970 Jefferies (Joint Broker) Ed Matthews / Harry Le May / Gill O'Driscoll Tel: 0207 029 8000 Instinctif (Financial PR) Guy Scarborough / Damian Reece Tel: 07917 178 920 / 07931 598 593 About Naked Wines plc Naked Wines connects everyday wine drinkers with the world's best independent winemakers. Why? Because we think it's a better deal for everyone. Talented winemakers get the support, funding and freedom they need to make the best wine they've ever made. The wine drinkers who support them get much better wine at much better prices than traditional retail. It's a unique business model. Naked Wines customers commit to a fixed prepayment each month which goes towards their next purchase. Naked in turn funds the production costs for winemakers, generating savings that are passed back to its customers. It creates a virtuous circle that benefits both wine drinker and winemaker. Our mission is to change the way the whole wine industry works for the better. In the last financial year, we served more than 867,000 Angel members in the US, UK and Australia, making us a leading player in the fast-growing direct-to-consumer wine market. Our customers (who we call Angel members) have direct access to 293 of the world's best independent winemakers making over 1,800 quality wines in 21 different countries. We collaborate with some of the world's best independent winemakers like Matt Parish (Beringer, Stags' Leap) and 8-time Winemaker of the Year Daryl Groom (Penfolds Grange).