In This Article:
Diversified Energy Company PLC
(“Diversified” or the "Company")
Results of Annual General Meeting
Diversified Energy Company PLC (LSE: DEC, NYSE: DEC) is pleased to announce that all 20 resolutions put to shareholders at the Company's Annual General Meeting held on April 9, 2025 were duly passed.
The total votes were cast as follows:
| Resolution |
| For | % |
| Against | % |
| Withheld | |||
| 1 | Receipt of Annual Report |
| 50,118,979 | 100 | % |
| 90,746 | — | % |
| 39,401 |
| 2 | Approval of Final Dividend |
| 50,186,943 | 100 | % |
| 42,897 | — | % |
| 19,286 |
| 3 | Authority to re-appoint Auditor |
| 53,936,715 | 100 | % |
| 100,784 | — | % |
| 49,749 |
| 4 | Authority to determine Auditor's Remuneration |
| 50,176,989 | 100 | % |
| 47,950 | — | % |
| 24,187 |
| 5 | Re-elect David Edward Johnson |
| 50,096,070 | 100 | % |
| 126,406 | — | % |
| 26,650 |
| 6 | Re-elect Robert "Rusty" Russell Hutson, Jr. |
| 50,079,603 | 100 | % |
| 143,175 | — | % |
| 26,348 |
| 7 | Re-elect Martin Keith Thomas |
| 48,239,720 | 96 | % |
| 1,982,930 | 4 | % |
| 26,476 |
| 8 | Re-elect David Jackson Turner, Jr. |
| 49,112,530 | 98 | % |
| 1,108,448 | 2 | % |
| 28,148 |
| 9 | Re-elect Sandra Mary Stash |
| 50,076,037 | 100 | % |
| 145,379 | — | % |
| 27,710 |
| 10 | Re-elect Kathryn Klaber |
| 46,216,417 | 92 | % |
| 3,950,411 | 8 | % |
| 82,298 |
| 11 | Authority to allot shares |
| 49,410,519 | 98 | % |
| 810,329 | 2 | % |
| 28,278 |
| 12 | Directors' Remuneration Report |
| 49,223,090 | 98 | % |
| 984,189 | 2 | % |
| 41,847 |
| 13 | Director's Remuneration Policy |
| 38,283,303 | 79 | % |
| 10,373,294 | 21 | % |
| 1,592,529 |
| 14 | Political donations & expenditures |
| 49,933,787 | 100 | % |
| 226,129 | — | % |
| 89,210 |
| 15 | Amendment to 2017 Equity Incentive Plan |
| 49,745,588 | 99 | % |
| 250,196 | 1 | % |
| 253,342 |
| 16 | Dis-apply pre-emption rights |
| 49,750,124 | 99 | % |
| 257,326 | 1 | % |
| 241,676 |
| 17 | Dis-apply pre-emption rights (Acquisitions) |
| 49,146,350 | 98 | % |
| 854,587 | 2 | % |
| 248,189 |
| 18 | Purchase of Company's own shares |
| 50,132,207 | 100 | % |
| 75,167 | — | % |
| 41,752 |
| 19 | Share Repurchase Contracts and Counterparties |
| 50,148,797 | 100 | % |
| 69,100 | — | % |
| 31,229 |
| 20 | Short General Meeting notice period |
| 49,221,371 | 98 | % |
| 999,242 | 2 | % |
| 28,513 |
Note: A vote "Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" or "Against" shown.
The full text of the resolutions passed at the AGM has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The Board of Diversified Energy Company PLC (the “Board”) is pleased to note that shareholders unanimously approved all of the general and special resolutions. Having actively engaged with many shareholders ahead of the AGM and throughout the year, the Board would like to thank shareholders for their input and continued support.