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    STAN   GB0004082847

STANDARD CHARTERED PLC

(STAN)
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Standard Chartered : Result of AGM - Resolutions Passed at Annual General Meeting Wednesday 12 May 2021

05/13/2021 | 04:34am EDT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document.

STANDARD CHARTERED PLC

渣打集團有限公司

(Incorporated as a public limited company in England and Wales with limited liability)

(Registered Number: 966425)

(Stock Code: 02888)

RESULT OF AGM

RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING

Wednesday 12 May 2021

Standard Chartered PLC (the 'Company') announces the result of voting on the resolutions at its Annual General Meeting ('AGM') held on Wednesday 12 May 2021, as set out in the Notice of AGM.

A poll was held on each of the resolutions and was passed by the required majority. Resolutions 1 to 23 were passed as ordinary resolutions. Resolutions 24 to 29 were passed as special resolutions. The results of the poll were as follows:

Votes

Votes

Total

% of

Resolution

Votes For

%

%

ISC

Against

Withheld

Votes

voted

1. To receive the Company's

annual report and accounts for the

financial year ended 31 December

609,538,852

99.65

2,142,527

0.35

1,195,862

611,681,379

78.44

2020 together with the reports of

the directors and auditors.

2. To declare a final dividend of

US$0.09 per ordinary share for the

612,093,837

99.88

730,828

0.12

52,576

612,824,665

78.59

year ended 31 December 2020.

3. To approve the annual report on

remuneration contained in the

596,685,018

98.59

8,508,938

1.41

7,673,691

605,193,956

77.61

Directors' Remuneration Report for

the year ended 31 December 2020.

4. To elect Maria Ramos, an

independent non-executive

612,524,940

99.96

219,617

0.04

132,605

612,744,557

78.58

director.

5. To re-elect David Conner, an

independent non-executive

612,613,621

99.97

183,713

0.03

80,656

612,797,334

78.59

director.

6. To re-elect Byron Grote, an

independent non-executive

603,180,974

98.44

9,560,562

1.56

136,844

612,741,536

78.58

director.

1

Votes

Votes

Total

% of

Resolution

Votes For

%

%

ISC

Against

Withheld

Votes

voted

7. To re-elect Andy Halford, an

612,370,639

99.93

432,966

0.07

74,780

612,803,605

78.59

executive director.

8. To re-elect Christine Hodgson,

CBE, an independent non-

602,835,750

99.54

2,799,162

0.46

7,243,470

605,634,912

77.67

executive director.

9. To re-elect Gay Huey Evans,

OBE, an independent non-

612,555,113

99.96

235,874

0.04

87,399

612,790,987

78.59

executive director.

10. To re-elect Naguib Kheraj, an

independent non-executive

610,168,899

99.57

2,621,935

0.43

87,548

612,790,834

78.59

director.

11. To re-elect Phil Rivett, an

independent non-executive

610,170,782

99.57

2,613,969

0.43

93,629

612,784,751

78.59

director.

12. To re-elect David Tang, an

independent non-executive

612,610,005

99.97

178,117

0.03

90,341

612,788,122

78.59

director.

13. To re-elect Carlson Tong, an

independent non-executive

612,558,604

99.97

173,036

0.03

146,824

612,731,640

78.58

director.

14. To re-elect José Viñals, as

592,330,407

97.41

15,750,855

2.59

4,797,112

608,081,262

77.98

Group Chairman.

15. To re-elect Jasmine Whitbread,

an independent non-executive

610,132,113

99.57

2,659,434

0.43

86,833

612,791,547

78.59

director.

16. To re-elect Bill Winters, CBE,

612,509,039

99.97

196,318

0.03

173,029

612,705,357

78.58

an executive director.

17. To re-appoint Ernst & Young

LLP as auditor to the Company

608,043,361

99.22

4,774,589

0.78

60,512

612,817,950

78.59

from the end of the AGM until the

end of next year's AGM.

18. To authorise the Audit

Committee, acting for and on

612,492,490

99.95

325,492

0.05

60,479

612,817,982

78.59

behalf of the Board, to set the

remuneration of the auditor.

19. To authorise the Company and

its subsidiaries to make political

donations and incur political

607,091,493

99.07

5,694,204

0.93

92,231

612,785,697

78.59

expenditure within the limits

prescribed in the resolution.

20. To approve the 2021 Standard

Chartered Share Plan and

authorise the Board to do anything

604,960,923

98.72

7,867,553

1.28

49,905

612,828,476

78.59

it considers necessary or desirable

for its implementation and

operation.

21. To authorise the Board to allot

594,777,133

97.09

17,853,650

2.91

247,594

612,630,783

78.57

ordinary shares.

2

Votes

Votes

Total

% of

Resolution

Votes For

%

%

ISC

Against

Withheld

Votes

voted

22. To extend the authority to allot

shares granted pursuant to

resolution 21 by such number of

595,583,468

97.47

15,428,068

2.53

1,866,846

611,011,536

78.36

shares repurchased by the

Company under the authority

granted pursuant to resolution 27.

23. To authorise the Board to allot

shares and grant rights to

subscribe for or to convert any

security into shares in relation to

604,261,847

98.90

6,738,696

1.10

1,877,840

611,000,543

78.36

any issue by the Company of

Equity Convertible Additional Tier 1

Securities.

24. To authorise the Board to

disapply pre-emption rights in

606,899,574

99.33

4,082,895

0.67

1,895,914

610,982,469

78.36

relation to the authority granted

pursuant to resolution 21.

25. In addition to the authority

granted pursuant to resolution 24,

to authorise the Board to disapply

pre-emption rights in relation to the

597,553,370

97.80

13,467,720

2.20

1,857,291

611,021,090

78.36

authority granted pursuant to

resolution 21 for the purposes of

acquisitions and other capital

investments.

26. In addition to the authorities

granted pursuant to resolutions 24

and 25, to authorise the Board to

disapply pre-emption rights in

600,953,095

98.35

10,054,442

1.65

1,870,747

611,007,537

78.36

relation to the authority granted, in

respect of Equity Convertible

Additional Tier 1 Securities,

pursuant to resolution 23.

27. To authorise the Company to

605,114,743

98.95

6,432,167

1.05

1,330,051

611,546,910

78.43

purchase its own ordinary shares.

28. To authorise the Company to

purchase its own preference

610,465,766

99.82

1,081,957

0.18

1,330,735

611,547,723

78.43

shares.

29. To enable the Company to call

a general meeting other than an

583,487,507

95.22

29,310,852

4.78

76,146

612,798,359

78.59

Annual General Meeting on no less

than 14 clear days' notice.

As at the date of the AGM, the number of issued ordinary shares of the Company was 3,119,033,863, which was the total number of shares entitling the holders to attend and vote for or against all resolutions. There was no share entitling the holder to attend and abstain from voting in favour of any of the resolutions as set out in rule 13.40 of the Hong Kong Listing Rules. In accordance with the Company's Articles of Association, on a poll every member has one vote for every four shares held, therefore the total number of voting rights was 779,758,465. Votes withheld are not votes in law and have not been counted in the calculation of the proportion of votes 'for' or 'against' a resolution. Proxy appointments which gave discretion to the Chairman have been included in the 'for' total.

3

There were no restrictions on any shareholders casting votes on any of the resolutions proposed at the AGM, save resolution 21. Directors (excluding independent non-executive directors) and their respective associates were required to abstain, and have abstained, from resolution 21 which affected a total of 719,266 voting rights. The scrutineer of the poll was Computershare Investor Services PLC, the Company's Share Registrar.

Copies of resolutions put to shareholders at the AGM today will be submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's National Storage Mechanism, which can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information, please contact:

Julie Gibson

Global Head, Media Relations 1 Basinghall Avenue London

EC2V 5DD

+44 2078852434

By Order of the Board

Amanda Mellor

Group Company Secretary

Hong Kong, 13 May 2021

As at the date of this announcement, the Board of Directors of the Company comprises:

Chairman:

José María Viñals Iñiguez

Executive Directors:

William Thomas Winters, CBE and Andrew Nigel Halford

Independent Non-Executive Directors:

David Philbrick Conner; Byron Elmer Grote; Christine Mary Hodgson, CBE (Senior Independent Director); Gay Huey Evans, OBE; Naguib Kheraj (Deputy Chairman); Maria da Conceicao das Neves Calha Ramos; Philip George Rivett; David Tang; Carlson Tong and Jasmine Mary Whitbread

4

Disclaimer

Standard Chartered plc published this content on 13 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 May 2021 08:33:02 UTC.


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Net income 2021 2 015 M - -
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P/E ratio 2021 10,2x
Yield 2021 2,90%
Capitalization 20 441 M 20 431 M -
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