Annual General Meeting

19 April 2017

The Annual General Meeting of XP Power Limited was held at 401 Commonwealth Drive, Haw Par Technocentre, Lobby B, #02-02, Singapore 149598 on 19 April 2017, commencing at 5.00 p.m. Singapore time. All resolutions were unanimously passed by show of hands.

For information, the following table shows the votes cast by proxy voting. The total number of shares in issue was 19,242,296.

Resolution number and description In Favour / Discretion   Against Votes   Withheld Votes
  Votes %   %  
1 To receive and adopt the reports and audited accounts. 14,597,378 100.0% 0 0.00% 0
2 To approve a final dividend. 14,597,378 100.0% 0 0.00% 0
3 To re-elect James Edward Peters as a Director of the Company. 14,329,562 98.8% 176,527 1.22% 91,287
4 To re-elect Andy Sng Seng Kok as a Director of the Company. 14,552,378 100.0% 0 0.00% 45,000
5 To re-elect Terence Twigger as a Director of the Company. 14,554,378 100.0% 0 0.00% 43,000
6 To re-elect Peter Alfred Bucher as a Director of the Company. 14,554,378 100.0% 0 0.00% 43,000
7 To re-elect Mike R. Laver as a Director of the Company. 14,554,878 100.0% 0 0.00% 42,500
8 To re-elect Duncan John Penny as a Director of the Company. 14,554,378 100.0% 0 0.00% 43,000
9 To re-elect Jonathan Simon Rhodes-Hole as a Director of the Company. 14,554,378 100.0% 0 0.00% 43,000
10 To re-elect Polly Ann Williams as a Director of the Company. 14,197,807 97.5% 357,070 2.45% 42,500
11 To re-appoint PricewaterhouseCoopers LLP as auditors. 14,535,582 99.6% 61,795 0.42% 0
12 To authorise Directors to set the auditors' remuneration. 14,595,634 100.0% 1,744 0.01% 0
13 To approve the Remuneration Policy. 14,034,082 96.2% 561,028 3.84% 2,266
14 To approve the Remuneration Report. 13,161,504 90.5% 1,373,868 9.45% 62,003
15 To approve the XP Power Limited Long Term Incentive Plan 2017 14,036,112 96.2% 560,498 3.84% 266
16 To authorise Directors to allot shares. 14,572,723 99.8% 22,389 0.15% 2,266
17 To amend Article 96.1 - Directors' Fees 13,301,407 91.4% 1,250,990 8.60% 44,980
18 To amend Article 5 - Pre emption Rights 14,551,868 100.0% 530 0.00% 44,980
19 To authorise the disapplication of pre-emption rights 14,551,768 99.7% 43,130 0.30% 2,480
20 To authorise the purchase of own shares. 14,535,976 99.6% 61,401 0.42% 0

Note: Percentage of votes cast excludes withheld votes

2017 Shareholder Circulars

31 March 2017 Notice of AGM held on 19 April 2017
   

 

01 April 2016

The Annual General Meeting of XP Power Limited was held at 401 Commonwealth Drive, Haw Par Technocentre, Lobby B, #02-02, Singapore 149598 on 1 April 2016, commencing at 5.00 p.m. Singapore time. All resolutions were unanimously passed by show of hands.

For information the following table shows the votes cast by proxy voting. The total number of shares in issue was 19,242,296.

Resolution number and description In Favour   Against   Withheld
    Votes % Votes % Votes
1 To receive and adopt the reports and audited accounts. 14,135,434 99.57% 61,301 0.43% 0
2 To approve a final dividend. 14,196,735 100.00% 0 0.00% 0
3 To re-elect Peter Bucher. 14,196,469 99.99% 266 0.01% 0
4 To re-elect Mike Laver. 14,196,735 100.00% 0 0.00% 0
5 To re-elect Jonathan Rhodes. 14,196,624 100.00% 0 0.00% 111
6 To re-elect Polly Williams. 14,194,379 99.98% 2,356 0.02% 0
7 To re-elect Duncan Penny. 14,196,735 100.00% 0 0.00% 0
8 To re-elect James Peters. 13,986,009 99.07% 131,888 0.93% 78,838
9 To re-elect Andy Sng Seng Kok. 14,196,735 100.00% 0 0.00% 0
10 To re-elect Terence Twigger. 14,196,624 100.00% 0 0.00% 111
11 Re-appointment of auditors. 14,134,234 100.00% 0 0.00% 62,501
12 Remuneration of auditors. 14,195,469 99.99% 1,000 0.01% 266
13 Approval of Remuneration Policy. 14,083,584 99.65% 48,774 0.35% 64,377
14 Approval of Remuneration Report. 14,092,693 99.28% 101,004 0.71% 2,966
15 Approval of the amended rules of the XP Power Limited 2012 Share Option Plan. 12,938,750 91.15% 1,256,519 8.85% 1,466
16 To authorise Directors to allot shares. 14,162,100 99.76% 34,369 0.24% 266
17 To authorise the purchase of own shares. 14,191,658 99.97% 1,811 0.01% 266

Note: Percentage of votes cast excludes withheld votes

2016 Shareholder Circulars

10 March 2016 Notice of AGM held on 01 April 2016