Dunelm : Existing Articles

THE COMPANIES ACTS 2006

A PUBLIC COMPANY LIMITED BY SHARES

ARTICLES OF ASSOCIATION

OF

DUNELM GROUP PLC

(Adopted by Special Resolution passed on 17 November 2020)

Company No. 4708277

	CONTENTS
Article		Page
1.	Standard regulations do not apply .........................................................................................................	1
2.	Interpretation .........................................................................................................................................	1
3.	Objects...................................................................................................................................................	4
4.	Limited liability.....................................................................................................................................	4
5.	Rights attached to shares .......................................................................................................................	4
6.	Allotment (etc) of shares .......................................................................................................................	4
7.	Authority to allot shares ........................................................................................................................	4
8.	Dis-application of pre-emption rights ...................................................................................................	5
9.	Power to pay commission and brokerage ..............................................................................................	6
10.	Power to alter share capital....................................................................................................................	6
11.	Power to issue redeemable shares .........................................................................................................	7
12.	Power to purchase own shares...............................................................................................................	7
13.	Power to reduce capital .........................................................................................................................	8
14.	Trusts not recognised.............................................................................................................................	8
15.	Uncertificated shares - general powers..................................................................................................	8
16.	Variation of rights .................................................................................................................................	9
17.	Right to transfer shares..........................................................................................................................	9
18.	Transfers of uncertificated shares..........................................................................................................	9
19.	Transfers of certificated shares..............................................................................................................	9
20.	Other provisions relating to transfers ..................................................................................................	10
21.	Notice of refusal ..................................................................................................................................	10
22.	Transmission on death.........................................................................................................................	10
23.	Election of person entitled by transmission.........................................................................................	11
24.	Rights of person entitled by transmission............................................................................................	11
25.	Disclosure of interests in shares ..........................................................................................................	11
26.	Annual general meetings .....................................................................................................................	13
27.	Convening of general meetings other than annual general meetings ..................................................	13
28.	Separate general meetings ...................................................................................................................	13
29.	Length and form of notice ...................................................................................................................	13
30.	Omission or non-receipt of notice .......................................................................................................	14
31.	Quorum................................................................................................................................................	14
32.	Security................................................................................................................................................	14
33.	Chairman .............................................................................................................................................	15
34.	Right to attend and speak ....................................................................................................................	15
35.	Resolutions and amendments ..............................................................................................................	16
36.	Adjournment........................................................................................................................................	16
37.	Meeting at more than one place...........................................................................................................	16
38.	Method of voting and demand for poll................................................................................................	17
39.	How poll is to be taken........................................................................................................................	18
40.	Voting rights........................................................................................................................................	18
41.	Representation of corporations............................................................................................................	19
42.	Voting rights of joint holders...............................................................................................................	19
43.	Voting rights of members incapable of managing their affairs ...........................................................	19
44.	Voting rights suspended where sums overdue ....................................................................................	19
45.	Objections to admissibility of votes ....................................................................................................	19
46.	Proxies.................................................................................................................................................	19
47.	Appointment of proxy .........................................................................................................................	20
48.	Receipt of proxy ..................................................................................................................................	20
49.	Notice of revocation of authority etc...................................................................................................	21
50.	Number of directors.............................................................................................................................	21

51.	Directors need not be members ...........................................................................................................	21
52.	Election of directors by the Company .................................................................................................	22
52A.	Election of independent directors........................................................................................................	22
53.	Separate resolutions for election of each director................................................................................	22
54.	The board's power to appoint directors ...............................................................................................	22
55.	Retirement of directors........................................................................................................................	22
56.	Removal of directors ...........................................................................................................................	23
57.	Vacation of office of director ..............................................................................................................	23
58.	Executive directors ..............................................................................................................................	24
59.	Power to appoint alternate directors ....................................................................................................	24
60.	Directors' fees ......................................................................................................................................	25
61.	Special remuneration...........................................................................................................................	25
62.	Expenses..............................................................................................................................................	25
63.	Pensions and other benefits .................................................................................................................	25
64.	General powers of the board to manage the Company's business.......................................................	25
65.	Power to act notwithstanding vacancy ................................................................................................	25
66.	Provisions for employees ....................................................................................................................	26
67.	Power to borrow money ......................................................................................................................	26
68.	Delegation to individual directors .......................................................................................................	29
69.	Committees..........................................................................................................................................	29
70.	Local boards ........................................................................................................................................	29
71.	Powers of attorney...............................................................................................................................	30
72.	Directors' interests other than in relation to transactions or arrangements with the Company............	30
73.	Declaration of interests other than in relation to transactions or arrangements with the Company ....	31
74.	Declaration of interests in a proposed transaction or arrangement with the Company .......................	31
75.	Declaration of interest in an existing transaction or arrangement with the Company .........................	31
76.	Provisions applicable to declarations of interest .................................................................................	31
77.	Directors' interests and voting .............................................................................................................	32
78.	Board meetings....................................................................................................................................	34
79.	Notice of board meetings.....................................................................................................................	34
80.	Quorum................................................................................................................................................	35
81.	Chairman or deputy chairman to preside.............................................................................................	35
82.	Competence of board meetings ...........................................................................................................	35
83.	Voting..................................................................................................................................................	35
84.	Telephone/electronic board meetings..................................................................................................	35
85.	Resolutions without meetings .............................................................................................................	35
86.	Validity of acts of directors in spite of formal defect..........................................................................	36
87.	Minutes................................................................................................................................................	36
88.	Secretary..............................................................................................................................................	36
89.	Issue of share certificates ....................................................................................................................	36
90.	Charges for and replacement of certificates ........................................................................................	37
91.	Lien on partly paid shares....................................................................................................................	37
92.	Enforcement of lien .............................................................................................................................	37
93.	Calls.....................................................................................................................................................	38
94.	Interest on calls....................................................................................................................................	39
95.	Sums treated as calls............................................................................................................................	39
96.	Power to differentiate ..........................................................................................................................	39
97.	Payment of calls in advance ................................................................................................................	39
98.	Notice of unpaid calls..........................................................................................................................	39
99.	Forfeiture on non-compliance with notice...........................................................................................	39
100.	Power to annul forfeiture or surrender ................................................................................................	40
101.	Disposal of forfeited or surrendered shares.........................................................................................	40
102.	Arrears to be paid notwithstanding forfeiture or surrender .................................................................	40
103.	Seal ......................................................................................................................................................	40
104.	Declaration of dividends by the Company ..........................................................................................	41
105.	Fixed and interim dividends ................................................................................................................	41

106.	Calculation and currency of dividends ................................................................................................	41
107.	Method of payment .............................................................................................................................	41
108.	Dividends not to bear interest..............................................................................................................	42
109.	Calls or debts may be deducted from dividends..................................................................................	42
110.	Unclaimed dividends etc .....................................................................................................................	42
111.	Uncashed dividends.............................................................................................................................	42
112.	Dividends in specie .............................................................................................................................	43
113.	Scrip dividends ....................................................................................................................................	43
114.	Capitalisation of reserves ....................................................................................................................	44
115.	Capitalisation of reserves - employees' share schemes........................................................................	45
116.	Fixing of record dates..........................................................................................................................	46
117.	Accounting records..............................................................................................................................	46
118.	Communications to the Company .......................................................................................................	46
119.	Communications by the Company ......................................................................................................	46
120.	Communication during suspension or curtailment of postal services .................................................	47
121.	When communication is deemed received ..........................................................................................	47
122.	Record date for communications.........................................................................................................	48
123.	Communication to person entitled by transmission.............................................................................	48
124.	Sale of shares of untraced members ....................................................................................................	48
125.	Application of proceeds of sale ...........................................................................................................	49
126.	Destruction of documents....................................................................................................................	49
127.	Powers to distribute in specie ..............................................................................................................	50
128.	Directors' indemnity, insurance and defence ......................................................................................	51

Company number 4708277

THE COMPANIES ACTS 2006

A PUBLIC COMPANY LIMITED BY SHARES

ARTICLES OF ASSOCIATION

OF

DUNELM GROUP PLC

(adopted by special resolution passed on 17 November 2020)

PRELIMINARY

1. Standard regulations do not apply
   None of the regulations in Table A in the Schedule to the Companies (Tables A to F) Regulations 1985 (or any amendments thereto) or the model articles for public companies set out in the Companies (Model Articles) Regulations 2008 shall apply to the Company.
2. Interpretation

1. In these articles, unless the contrary intention appears:
2. 1. the following definitions apply:
      these articles means these articles of association, as from time to time altered; board means the board of directors for the time being of the Company;
      CA 2006 means the Companies Act 2006 as in force from time to time;
      clear days means, in relation to the period of a notice, that period excluding the day when the notice is given or deemed to be given and the day for which it is given or on which it is to take effect;
      committee means a committee of the board; the Company means Dunelm Group plc;
      director means a director for the time being of the Company;

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