Carsales com : 2019 AGM Results Opens in a new Window
October 24, 2019 at 10:11 pm EDT
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25 October 2019
Manager Companies
Company Announcements Office
Australian Securities Exchange Limited
Level 4, Stock Exchange Centre
20 Bridge Street
SYDNEY NSW 2000
ELECTRONIC LODGEMENT
Dear Sir / Madam
Results of 2019 Annual General Meeting carsales.com Limited
In accordance with Listing Rule 3.13.2 and Section 251AA of the Corporations Act 2001 (Cth), we advise the following details of the resolutions and the proxies received in respect of each resolution in the attached proxy summary.
These results were decided on a poll and include all available proxies cast at the AGM.
Yours faithfully,
Nicole Birman Company Secretary carsales.com Limited
carsale.com Limited
Annual General Meeting Friday, 25 October 2019 Voting Results
The following information is provided in accordance with section 251AA(2) of the Corporations Act 2001 (Cth).
Resolution details
Instructions given to validly appointed proxies
Number of votes cast on the poll
(as at proxy close)
(where applicable)
Resolution
Resolution
For
Against
Proxy's
Abstain
For
Against
Abstain*
Type
Discretion
2 Remuneration Report
Ordinary
111,589,696
54,355,202
2,657,705
12,664,428
114,314,191
54,676,989
12,664,428
66.19%
32.24%
1.57%
67.65%
32.35%
3 Re-election of Director-Ms Kim
Ordinary
175,138,564
4,503,206
2,635,729
403,188
178,511,724
4,503,206
403,188
Anderson
96.08%
2.47%
1.45%
97.54%
2.46%
4 Re-election of Director-Ms Edwina
Ordinary
179,131,660
509,479
2,642,581
396,967
182,511,672
509,479
396,967
Gilbert
98.27%
0.28%
1.45%
99.72%
0.28%
5 Election of Director-Mr David
Ordinary
138,122,517
41,508,692
2,638,334
411,144
141,494,982
41,511,992
411,144
Wiadrowski
75.78%
22.77%
1.45%
77.32%
22.68%
6A Chief Executive Remuneration-
Ordinary
177,241,371
1,101,629
2,634,015
1,703,672
180,375,532
1,107,929
1,703,672
Short Term Incentive
97.94%
0.61%
1.45%
99.39%
0.61%
6B Chief Executive Remuneration-
Ordinary
83,378,895
92,733,461
2,637,313
3,931,018
86,205,921
93,050,194
3,931,018
Long Term Incentive
46.64%
51.88%
1.48%
48.09%
51.91%
* Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.
Resolution
Result
Carried /
Not Carried
Carried
Carried
Carried
Carried
Carried
Not Carried
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Disclaimer
Carsales.com Limited published this content on 25 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 October 2019 02:10:03 UTC
CAR Group Limited, formerly Carsales.Com Ltd, is an Australia-based online automotive, motorcycle and marine classifieds business. The Company provides a marketplace to buy and sell cars, motorcycles, trucks, caravans, and boats. Its segments include Australia-Online Advertising Services; Australia-Data, Research and Services; Australia-carsales investments; North America; Latin America, and Asia. The Australia-Online Advertising Services segment include online automotive classifieds, display advertising services and finance commission. The Australia-Data, Research and Services segment includes automotive data services including software, analysis, research and reporting, valuation services, Website development, hosting, and photography services. The Australia-carsales investments segment include online tire retail and wholesale and inspection services. The North America and Asia segment includes online automotive classifieds, display advertising services and automotive data services.