In accordance with ASX Listing Rule 3.13.2, Magellan Financial Group Limited (MFG) announces that each of the following resolutions put to the MFG 2020 Annual General Meeting held today, 22 October 2020 were passed on a poll with the requisite majority:
Item 2 Adoption of the Remuneration Report
Item 3(b) Re-election of Mr John Eales
Item 3(b) Re-election of Mr Robert Fraser
Item 3(c) Re-election of Ms Karen Phin
As required by section 251AA of the Corporations Act 2001, summaries of the poll and proxy voting results for each of the resolutions are attached.
Authorised by
Marcia Venegas | Company Secretary
Magellan Financial Group Limited
AGM
Thursday, 22 October 2020
Results of Meeting
The following information is provided in accordance with section 251AA(2) of the Corporations Act 2001 (Cth) and ASX Listing Rule 3.13.2.
Resolution details
Resolution
Resolution
Type
Item 2. To Adopt the
Ordinary
Remuneration Report
Item 3a. To Re-elect Mr John Eales
Ordinary
as a Director
Item 3b. To Re-elect Mr Robert
Ordinary
Fraser as a Director
Item 3c. To Re-elect Ms Karen
Ordinary
Phin as a Director
Instructions given to validly appointed proxies
(as at proxy close)
For
Against
Proxy's
Abstain
Discretion
83,591,668
2,200,125
857,305
240,968
96.47%
2.54%
0.99%
93,716,650
15,722,262
885,551
103,192
84.95%
14.25%
0.80%
80,359,582
29,124,563
887,417
56,093
72.81%
26.39%
0.80%
95,488,384
13,997,694
887,201
54,376
86.51%
12.68%
0.80%
Number of votes cast on the poll
(where applicable)
For
Against
Abstain*
84,540,269
2,200,125
240,968
97.46%
2.54%
94,715,076
15,722,262
103,192
85.76%
14.24%
81,359,874
29,124,563
56,093
73.64%
26.36%
96,488,460
13,997,694
54,376
87.33%
12.67%
Resolution
If S250U
Result **
applies
Carried /
Not Carried
Carried
No
Carried
NA
Carried
NA
Carried
NA
Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.
All resolutions were decided by a poll.
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Disclaimer
Magellan Financial Group Limited published this content on 22 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2020 14:24:03 UTC
Magellan Financial Group Limited is an Australia-based company, which is engaged in global investment. The Company's segments include Funds Management, Fund Investments, and Magellan Capital Partners. The Funds Management segment provides investment funds management to high net worth and retail investors in Australia and New Zealand, and institutional investors globally. The Funds Management activities include providing investment research and administrative services to certain clients; providing investment management and sub-advisory services under client mandates, and acting as responsible entity/trustee (RE) and/or investment manager (IM) for Magellan Funds. The Fund Investments segment comprises its direct investment in certain Magellan Funds and a select portfolio of listed Australian and international equities. The Magellan Capital Partners segment comprises a portfolio of selective investments in businesses in which the Company has an interest.