RHI
Magnesita N.V.
("RHI
Magnesita" or the "Company")
Result of the Annual General
Meeting 2024 ("AGM")
Following the AGM held today, 2 May
2024, RHI Magnesita announces that each of the voting resolutions
set out in the Notice of Meeting to Shareholders, dated 21 March
2024, were passed by the requisite majority. A poll was held on
each of the resolutions proposed. The results of the poll,
incorporating proxy votes lodged in advance of the meeting, are set
out below:
|
Resolutions
|
Votes for
|
%
of votes cast
|
Votes against
|
%
of votes cast
|
Total votes validly cast
|
Total votes cast as a % of the relevant shares in
issue
|
Number of votes withheld
|
|
Resolution 3
To adopt the annual accounts for the
financial year ended 31 December
2023
|
37,752,469
|
100.00
|
15
|
0.00
|
37,891,031
|
80.38
|
138,547
|
|
Resolution 4
To declare a final dividend of €1.25
per share for the financial year ended 31 December 2023
|
37,890,681
|
100.00
|
0
|
0.00
|
37,891,031
|
80.38
|
350
|
|
Resolution 5
To release the directors from
liability for the exercise of their respective duties during the
financial year 2023
|
37,816,221
|
100.00
|
0
|
0.00
|
37,891,031
|
80.38
|
74,810
|
|
Resolution 6. a.
To re-elect S. Borgas
|
37,571,797
|
99.16
|
318,884
|
0.84
|
37,891,031
|
80.38
|
350
|
|
Resolution 6. b.
To re-elect I. Botha
|
37,835,155
|
99.85
|
55,526
|
0.15
|
37,891,031
|
80.38
|
350
|
|
Resolution 7. a.
To re-elect H. Cordt
|
34,562,949
|
91.32
|
3,285,698
|
8.68
|
37,891,031
|
80.38
|
42,384
|
|
Resolution 7. b.
To re-elect J. Ramsay
|
37,765,403
|
99.67
|
125,278
|
0.33
|
37,891,031
|
80.38
|
350
|
|
Resolution 7. c.
To re-elect J. Ashdown
|
37,531,786
|
99.05
|
358,895
|
0.95
|
37,891,031
|
80.38
|
350
|
|
Resolution 7. d.
To re-elect D. Schlaff
|
37,454,838
|
98.85
|
435,843
|
1.15
|
37,891,031
|
80.38
|
350
|
|
Resolution 7. e.
To re-elect S.O.L.B Prinz zu
Sayn-Wittgenstein- Berleburg
|
37,454,838
|
98.85
|
435,843
|
1.15
|
37,891,031
|
80.38
|
350
|
|
Resolution 7. f.
To re-elect J. Brown
|
37,868,463
|
99.94
|
22,218
|
0.06
|
37,891,031
|
80.38
|
350
|
|
Resolution 7. g.
To re-elect K. Sevelda
|
37,785,823
|
99.72
|
104,858
|
0.28
|
37,891,031
|
80.38
|
350
|
|
Resolution 7. h.
To re-elect M-H.
Ametsreiter
|
37,866,368
|
99.94
|
24,313
|
0.06
|
37,891,031
|
80.38
|
350
|
|
Resolution 7. i.
To re-elect W.
Ruttenstorfer
|
35,583,587
|
93.91
|
2,307,094
|
6.09
|
37,891,031
|
80.38
|
350
|
|
Resolution 7. J.
To elect A.K. Lindström
|
37,888,430
|
99.99
|
2,251
|
0.01
|
37,891,031
|
80.38
|
350
|
|
Resolution 8
To re-appoint PricewaterhouseCoopers
Accountants N.V. as the Company's auditor for the financial year
2024.
|
37,823,824
|
99.82
|
66,857
|
0.18
|
37,891,031
|
80.38
|
350
|
|
Resolution 9
To approve, as an advisory vote, the
Directors' Remuneration Report (excluding the Directors'
Remuneration Policy) for the period ended 31 December
2023.
|
37,532,647
|
99.06
|
358,034
|
0.94
|
37,891,031
|
80.38
|
350
|
|
Resolution 10
To adopt the Directors' Remuneration
Policy, which takes effect from 1 January 2024.
|
36,838,330
|
97.22
|
1,052,351
|
2.78
|
37,891,031
|
80.38
|
350
|
|
Resolution 11
To establish the proposed
remuneration of the Non-Executive Directors.
|
37,890,681
|
100.00
|
0
|
0.00
|
37,891,031
|
80.38
|
350
|
|
Resolution 12
Authority to issue ordinary shares
or grant rights to acquire ordinary shares.
|
37,804,468
|
99.77
|
86,563
|
0.23
|
37,891,031
|
80.38
|
0
|
|
Resolution 13
Limited disapplication of
pre-emption rights.
|
37,863,199
|
99.93
|
27,832
|
0.07
|
37,891,031
|
80.38
|
0
|
|
Resolution 14
Authority to limit or exclude
pre-emptive rights.
|
37,776,741
|
99.70
|
114,290
|
0.30
|
37,891,031
|
80.38
|
0
|
|
Resolution 15
Authority to acquire shares in the
Company or depositary receipts of such shares.
|
37,816,763
|
99.82
|
68,952
|
0.18
|
37,891,031
|
80.38
|
5,316
|
|
Resolution 16
Authority to cancel any or all
shares held in treasury or to be acquired.
|
37,891,031
|
100.00
|
0
|
0.00
|
37,891,031
|
80.38
|
0
|
Notes:
1. Resolutions 1 and 2
were non-voting resolutions and are therefore not included in the
table above.
2. The total voting
rights of the Company on the day on which shareholders had to be on
the register in order to be eligible to vote was
47,137,206.
3. A "Vote withheld" is
not a vote in law and is not counted in the calculation of the % of
shares voted "For" or "Against" a resolution.
4. In accordance with LR
9.6.2, copies of any resolutions passed as special business will be
submitted to the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
5. These results will
also shortly be available on the Company's website at
https://ir.rhimagnesita.com/
For further enquiries, please
contact:
Sally Caswell, Company
Secretary
Tel: +43 699 1870 6345
E-mail: sally.caswell@rhimagnesita.com
Chris Bucknall, Head of Investor
Relations
Tel: +43 699 1870
6490
E‐mail: chris.bucknall@rhimagnesita.com
About RHI Magnesita
RHI Magnesita is the leading global
supplier of high-grade refractory products, systems and solutions
which are critical for high-temperature processes exceeding 1,200°C
in a wide range of industries, including steel, cement, non-ferrous
metals and glass. With a vertically integrated value chain, from
raw materials to refractory products and full performance-based
solutions, RHI Magnesita serves customers around the world, with
around 16,000 employees in 47 production sites, 8 recycling
facilities and more than 70 sales offices. RHI Magnesita intends to
build on its leadership in terms of revenue, scale, product
portfolio and diversified geographic presence to expand further in
high growth markets.
The Group maintains a premium
listing on the Official list of the London Stock Exchange (symbol:
RHIM) and is a constituent of the FTSE 250 index, with a secondary
listing on the prime segment of the Vienna Stock Exchange (Wiener
Börse). For more information please
visit: www.rhimagnesita.com.