McPherson : AGM Voting Results 2021

ASX: MCP

23 November 2021

The Manager

Market Announcements Office

Australian Securities Exchange

Dear Sir / Madam,

VOTING RESULTS OF McPHERSON'S LIMITED ANNUAL GENERAL MEETING

In accordance with ASX Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001 (Cth), please find attached the results of voting on all resolutions considered at the Company's 2021 Annual General Meeting today, including instructions given to validly appointed proxies and votes cast at the meeting on a poll.

Resolutions 2, 3, 4 and 5relating to the Remuneration Report and the election and re-election of Directors were carried.

Resolution 6relating to the approval of issue of performance rights to the CEO and Managing Director, Mr. Grant Peck, under the McPherson's Limited Performance Rights Plan, was not carried.

On his appointment the Company entered into an agreement with Mr. Peck in relation to his employment and remuneration as the Company's Chief Executive Officer, and as required under the Corporations Act and the Listing Rules of the Australian Securities Exchange, shareholder approval was being sought under Agenda Item 6 for certain of the benefits to be provided to him in connection with his position, in particular the grant of performance rights to Mr. Peck in the current year.

As the resolution was not carried the employment agreement requires the Company to provide comparable cash-based payments and LTI structures in lieu of each element of the proposed Rights grants. The Board will give consideration to each of these elements and seek independent advice if deemed necessary.

Yours faithfully,

P.R. Bennett

Company Secretary

This ASX announcement was approved and authorised for release by McPherson's Limited Board of Directors.

105 Vanessa Street, Kingsgrove NSW 2208,

Phone: [phone] Fax: [phone]

Tuesday, 23 November 2021

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
2	Remuneration Report	Ordinary
3	Election of a Director - Mr. Ari Mervis	Ordinary
4	Re-election of a Director - Ms. Alison Cook	Ordinary
5	Re-election of a Director - Mr. Geoff Pearce	Ordinary
6. Approval of Issue of Performance Rights to the
Managing Director, Mr. Grant Peck,	Ordinary
under the McPherson's Limited Performance Rights Plan

Instructions given to validly appointed proxies

(as at proxy close)

For	Against	Proxy's	Abstain
Discretion
35,467,921	10,097,865	600,718	411,770
76.82%	21.88%	1.30%
45,752,970	966,983	599,518	341,011
96.70%	2.04%	1.26%
38,092,287	8,705,072	617,370	245,853
80.34%	18.36%	1.30%
37,377,950	8,627,186	752,518	902,828
79.94%	18.45%	1.61%
22,935,253	23,667,675	611,072	446,482
48.58%	50.12%	1.30%

Number of votes cast on the poll

(where applicable)

For	Against	Abstain*
36,256,579	10,386,964	561,770
77.73%	22.27%
46,435,522	1,360,988	491,011
97.15%	2.85%
39,047,970	8,843,798	395,853
81.53%	18.47%
38,743,381	8,641,312	902,828
81.76%	18.24%
23,673,886	23,996,781	616,854
49.66%	50.34%

Resolution

Result

Carried /

Not Carried

Carried

Carried

Carried

Carried

Not Carried

* Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.