TIDMEZJ

RNS Number : 7846N

easyJet PLC

22 May 2020

22 May 2020

easyJet plc

(the "Company")

Results of General Meeting

The Company announces the voting results of the General Meeting ("GM") held earlier today at Hangar 89, London Luton Airport, Luton LU2 9PF.

The GM was convened to consider the resolutions proposed at the direction of Sir Stelios Haji-Ioannou ("SHI") to remove as directors of the Company the Chairman, John Barton; the CEO, Johan Lundgren; the CFO, Andrew Findlay and Independent Non-Executive Director, Andreas Bierwirth. The Board had unanimously recommended that shareholders vote against these resolutions.

All four resolutions were defeated, with over 99% of votes cast by independent shareholders(1) being in support of the Board. easyJet Chairman, John Barton, said:

"On behalf of the Board I would like to thank shareholders for their support. The airline industry is facing unprecedented challenges and the Board's immediate priority has been to take the necessary steps to successfully guide easyJet through this period of uncertainty. We are relentlessly focused on cash conservation and ensuring that easyJet emerges from the Covid-19 crisis in a strong competitive position. The Board seeks good relationships with all of the Company's shareholders and hopes to be able to re-engage constructively with Sir Stelios."

The polling results for each resolution are set out below:

 
 Resolution                Votes For      %     Votes Against     %     Total Votes     Total        Votes 
                                                                                         % of      Withheld(3) 
                                                                                         ISC 
                                                                                       Voted(2) 
                                               --------------  ------  ------------  ----------  ------------- 
 1. T o remove 
  Robert John Orr 
  Barton as a director 
  of easyJet plc 
  pursuant to section 
  168(1) of the 
  Companies Act 
  2006 with immediate 
  effect.                 133,289,072   42.41    180,993,651    57.59   314,282,723    79.12%       180,224 
                         ------------  ------  --------------  ------  ------------  ----------  ------------- 
 2. To remove Johan 
  Peter Lundgren 
  as a director 
  of easyJet plc 
  pursuant to section 
  168(1) of the 
  Companies Act 
  2006 with immediate 
  effect.                 133,329,344   42.42    180,969,310    57.58   314,298,654    79.13%       166,420 
                         ------------  ------  --------------  ------  ------------  ----------  ------------- 
 3. To remove Andrew 
  Robert Findlay 
  as a director 
  of easyJet plc 
  pursuant to section 
  168(1) of the 
  Companies Act 
  2006 with immediate 
  effect.                 133,176,672   42.38    181,090,793    57.62   314,267,465    79.12%       193,294 
                         ------------  ------  --------------  ------  ------------  ----------  ------------- 
 4. To remove Andreas 
  Bierwirth as a 
  director of easyJet 
  plc pursuant to 
  section 168(1) 
  of the Companies 
  Act 2006 with 
  immediate effect.       133,232,693   42.40    181,029,998    57.60   314,262,691    79.12%       195,407 
-----------------------  ------------  ------  --------------  ------  ------------  ----------  -------------

Notes:

1. Independent shareholders exclude the 132,401,427 shares held by or on behalf of the Haji-Ioannou family concert party

2. Based on total issued share capital of 397,208,133 Ordinary shares

3. A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution

The total voting rights of the Company on the day on which shareholders had to be on the register in order to be eligible to vote was 397,208,133.

In case of queries please contact:

 
 Michael Barker, Investor Relations        07985 890939 
 Anna Knowles, Corporate Communications    07985 873313 
                                           07733 294930 / 07947 
 Dorothy Burwell/Ed Simpkins, Finsbury      740551

LEI: 2138001S47XKWIB7TH90

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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May 22, 2020 07:12 ET (11:12 GMT)

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