WESTPAC BANKING CORPORATION For personal use only
ASX | Level 18, 275 Kent Street | |
Sydney, NSW, 2000 | ||
Release | ||
15 December 2021
Results of 2021 Annual General Meeting and amended Constitution
In accordance with ASX Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001 (Cth), the results of Westpac Banking Corporation's 2021 Annual General Meeting are attached together with a copy of the Constitution as adopted, in accordance with ASX Listing Rule 15.4.2.
As more than 25% of the votes were cast against Resolution 2, this constitutes a first strike for the purposes of the Corporations Act 2001 (Cth).
All resolutions put to the AGM were decided by way of poll.
For further information: | |
Hayden Cooper | Andrew Bowden |
Group Head of Media Relations | Head of Investor Relations |
0402 393 619 | 0438 284 863 |
This document has been authorised for release by Tim Hartin, Company Secretary.
WESTPAC BANKING CORPORATION | RESULT OF ANNUAL GENERAL |
MEETING (ASX REPORT) |
ANNUAL GENERAL MEETING
Wednesday, 15 December, 2021
As required by section 251AA(2) of the Corporations Act 2001 (Commonwealth) the following statistics are provided in respect of each resolution on the agenda.
only | Resolution Voted on at the meeting | Proxy Votes (as at proxy close) | Direct vote | Total votes cast in the poll (where applicable) | |||||||||||||||||
(as at proxy close): | |||||||||||||||||||||
No | Short Description | Strike | For | Against | Discretionary | Abstain | For | Against | For | Against | Abstain ** | Result | |||||||||
Y/N/NA | |||||||||||||||||||||
(open votes) | |||||||||||||||||||||
2 | REMUNERATION REPORT | Y | 1,109,074,282 | 478,664,698 | 21,626,727 | 4,672,219 | 48,652,373 | 19,719,489 | 1,171,080,189 | 506,854,038 | 4,686,495 | Carried | |||||||||
66.11% | 28.53% | 1.29% | 2.90% | 1.18% | 69.79% | 30.21% | |||||||||||||||
3 | GRANT OF EQUITY TO MANAGING DIRECTOR AND | NA | 1,542,522,873 | 45,526,811 | 21,685,931 | 4,161,555 | 45,539,711 | 23,528,633 | 1,609,915,549 | 69,098,241 | 4,162,658 | Carried | |||||||||
use | CHIEF EXECUTIVE OFFICER | 91.88% | 2.71% | 1.29% | 2.71% | 1.40% | 95.88% | 4.12% | |||||||||||||
4A | TO RE-ELECT NERIDA CAESAR AS A DIRECTOR | NA | 1,247,476,911 | 342,463,246 | 22,159,573 | 2,120,922 | 58,809,869 | 9,658,732 | 1,328,572,059 | 352,206,706 | 2,121,422 | Carried | |||||||||
74.23% | 20.38% | 1.32% | 3.50% | 0.57% | 79.05% | 20.95% | |||||||||||||||
4B | TO RE-ELECT MARGARET SEALE AS A DIRECTOR | NA | 1,565,070,795 | 24,780,373 | 22,153,398 | 2,145,183 | 59,307,412 | 9,189,668 | 1,646,724,136 | 33,987,944 | 2,145,683 | Carried | |||||||||
93.13% | 1.47% | 1.32% | 3.53% | 0.55% | 97.98% | 2.02% | |||||||||||||||
personal | This report was produced | from the Link | Market Services | Meeting System | |||||||||||||||||
4C | TO ELECT DR NORA SCHEINKESTEL AS A DIRECTOR | NA | 1,563,997,985 | 25,791,298 | 22,195,133 | 2,559,094 | 60,113,482 | 8,006,624 | 1,646,500,539 | 33,812,379 | 2,561,632 | Carried | |||||||||
93.09% | 1.54% | 1.32% | 3.58% | 0.48% | 97.99% | 2.01% | |||||||||||||||
4D | TO ELECT AUDETTE EXEL AO AS A DIRECTOR | NA | 1,586,093,037 | 2,360,243 | 22,193,282 | 3,924,105 | 59,724,911 | 8,339,826 | 1,668,207,111 | 10,714,622 | 3,924,605 | Carried | |||||||||
94.48% | 0.14% | 1.32% | 3.56% | 0.50% | 99.36% | 0.64% | |||||||||||||||
5 | TO APPROVE AND ADOPT AMENDMENTS TO THE | NA | 1,581,030,875 | 7,519,719 | 22,444,917 | 4,754,313 | 58,384,164 | 8,356,367 | 1,661,995,573 | 15,912,831 | 4,792,146 | Carried | |||||||||
WESTPAC CONSTITUTION | 94.24% | 0.45% | 1.34% | 3.48% | 0.50% | 99.05% | 0.95% | ||||||||||||||
6A | AMENDMENT TO THE CONSTITUTION | NA | 101,869,208 | 1,442,545,433 | 23,145,835 | 48,104,364 | 10,848,031 | 55,059,195 | 112,737,534 | 1,520,903,269 | 48,142,197 | Not Carried | |||||||||
6.24% | 88.31% | 1.42% | 0.66% | 3.37% | 6.90% | 93.10% | |||||||||||||||
Printed: | 15/12/2021 2:13:19PM | Page 1 of 2 | |||||||||||||||||||
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WESTPAC BANKING CORPORATION | RESULT OF ANNUAL GENERAL |
MEETING (ASX REPORT) |
ANNUAL GENERAL MEETING
Wednesday, 15 December, 2021
As required by section 251AA(2) of the Corporations Act 2001 (Commonwealth) the following statistics are provided in respect of each resolution on the agenda.
only | Resolution Voted on at the meeting | Proxy Votes (as at proxy close) | Direct vote | Total votes cast in the poll (where applicable) | ||||||||||||||||||||||
(as at proxy close): | ||||||||||||||||||||||||||
No | Short Description | Strike | For | Against | Discretionary | Abstain | For | Against | For | Against | Abstain ** | Result | ||||||||||||||
Y/N/NA | ||||||||||||||||||||||||||
(open votes) | ||||||||||||||||||||||||||
6B | TRANSITION PLANNING DISCLOSURE | NA | 200,863,249 | 1,356,849,861 | 23,289,310 | 34,470,675 | 10,711,309 | 54,927,709 | Not put to meeting | Not put to Meeting | Not put to Meeting | |||||||||||||||
12.20% | 82.40% | 1.41% | 0.65% | 3.34% | ||||||||||||||||||||||
** - Note that votes relating to a person who abstains on an item are not counted in determining whether or not the required majority of votes were cast for or against that item | ||||||||||||||||||||||||||
use | ||||||||||||||||||||||||||
R solution proposed but not put to the meeting | ||||||||||||||||||||||||||
No. | Short Description | Reason(s) for not putting to the meeting | ||||||||||||||||||||||||
6B | TRANSITION PLANNING DISCLOSURE | Resolution not put to meeting | ||||||||||||||||||||||||
personal | ||||||||||||||||||||||||||
15/12/2021 2:13:19PM | This report was produced from the Link Market Services Meeting System | Page 2 of 2 | ||||||||||||||||||||||||
Printed: | ||||||||||||||||||||||||||
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For personal use only
Constitution
of
Westpac Banking Corporation
a company limited by shares
For personal use only
Contents | ||
Shares | 1 | |
1.1 | Directors to issue shares........................................................................................... | 1 |
1.2 | Not used .................................................................................................................... | 1 |
1.2A | Other preference shares ........................................................................................... | 1 |
1.3 | Issue of further shares - no variation......................................................................... | 1 |
1.4 | Non-recognition of interests ...................................................................................... | 1 |
1.5 | Stock market fiduciaries ............................................................................................ | 2 |
1.6 | Joint holders of shares .............................................................................................. | 2 |
Lien | 2 | |
2.1 | Lien on share............................................................................................................. | 2 |
2.2 | Lien on loans under employee incentive schemes ................................................... | 2 |
2.3 | Lien on distributions................................................................................................... | 2 |
2.4 | Exemption from article 2.1 or 2.2 .............................................................................. | 2 |
2.5 | Extinguishment of lien ............................................................................................... | 2 |
2.6 | Company's rights to recover payments ..................................................................... | 2 |
2.7 | Reimbursement is a debt due ................................................................................... | 3 |
2.8 | Sale under lien........................................................................................................... | 3 |
2.9 | Limitations on sale under lien.................................................................................... | 3 |
2.10 | Transfer on sale under lien........................................................................................ | 3 |
2.11 | Irregularity or invalidity .............................................................................................. | 3 |
2.12 | Proceeds of sale........................................................................................................ | 3 |
Calls on shares | 4 | |
3.1 | Directors to make calls .............................................................................................. | 4 |
3.2 | Time of call ................................................................................................................ | 4 |
3.3 | Members' liability ....................................................................................................... | 4 |
3.4 | Joint holders' liability.................................................................................................. | 4 |
3.5 | Non-receipt of notice ................................................................................................. | 4 |
3.6 | Interest on default...................................................................................................... | 4 |
3.7 | Fixed instalments....................................................................................................... | 4 |
3.8 | Differentiation between Members as to calls ............................................................ | 4 |
3.9 | Prepayment of calls and interest ............................................................................... | 5 |
Transfer of shares | 5 | |
4.1 | Forms of instrument of transfer ................................................................................. | 5 |
4.2 | Execution and delivery of transfer ............................................................................. | 5 |
4.3 | Effect of registration................................................................................................... | 5 |
4.4 | Company to register forms without charge................................................................ | 5 |
4.5 | Power to refuse to register ........................................................................................ | 6 |
4.6 | Obligation to refuse to register .................................................................................. | 6 |
4.7 | Written notice to security holder of holding lock or refusal........................................ | 6 |
4.8 | Refusal to register ..................................................................................................... | 6 |
Transmission of shares | 6 | |
5.1 | Transmission of shares on death of holder ............................................................... | 6 |
5.2 | Information given by personal representative ........................................................... | 6 |
5.3 | Death of joint owner................................................................................................... | 7 |
5.4 | Transmission of shares on bankruptcy...................................................................... | 7 |
5.5 | Transmission of shares on mental incapacity ........................................................... | 7 |
Forfeiture of shares | 7 | |
6.1 | Notice requiring payment of call ................................................................................ | 7 |
6.2 | Contents of notice...................................................................................................... | 8 |
6.3 | Forfeiture for failure to comply with notice................................................................. | 8 |
6.4 | Dividends and distributions included in forfeiture...................................................... | 8 |
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Last updated: 15 December 2021 Annual General Meeting |
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Westpac Banking Corporation published this content on 15 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 December 2021 04:48:06 UTC.
