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GLN - Results of 2025 AGM
Glencore plc
(Incorporated in Jersey under the Companies (Jersey) Law 1991)
(Registration number 107710)
JSE Share Code: GLN
LSE Share Code: GLEN
ISIN: JE00B4T3BW64
LEI: 2138002658CPO9NBH955
Baar, Switzerland
28 May 2025
Results of 2025 AGM
Glencore announces the results of the poll of the resolutions of the Annual General
Meeting held today, 28 May 2025. Resolutions 2, 15, 16 and 17 were proposed as special
resolutions and all other resolutions were proposed as ordinary resolutions. All
resolutions were carried.
RESOLUTIONS VOTES % VOTES % VOTES % of ISC VOTES
FOR AGAINST TOTAL VOTED* WITHHELD
1. To receive the
Company's
accounts and the
reports of the
Directors and
auditors for the year
ended 31 December
2024
8,796,884,619 99.91% 8,262,183 0.09% 8,805,146,802 73.52% 52,377,979
2. To approve that the
Company's capital
contribution
reserves (forming
part of its share
premium account)
be reduced and be
repaid to
shareholders as per
the terms set out in
the notice of
meeting
8,855,914,362 99.99% 1,011,125 0.01% 8,856,925,487 73.95% 599,293
3. To re-elect Kalidas
Madhavpeddi as a
Director
8,344,965,588 95.20% 420,482,696 4.80% 8,765,448,284 73.19% 92,076,486
4. To re-elect Gary
Nagle as a Director
8,792,597,335 99.28% 64,072,639 0.72% 8,856,669,974 73.95% 854,807
5. To re-elect Martin
Gilbert as a Director
8,714,802,494 98.40% 141,808,126 1.60% 8,856,610,620 73.95% 914,161
6. To re-elect Gill
Marcus as a
Director
8,752,963,691 98.83% 103,663,935 1.17% 8,856,627,626 73.95% 897,153
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7. To re-elect Cynthia
Carroll as a Director
8,636,785,708 97.67% 205,695,051 2.33% 8,842,480,759 73.83% 15,044,022
8. To re-elect Liz
Hewitt as a Director
8,720,226,259 98.46% 136,398,079 1.54% 8,856,624,338 73.95% 900,442
9. To elect John
Wallington as a
Director
8,740,521,925 98.69% 116,091,971 1.31% 8,856,613,896 73.95% 910,883
10. To elect María
Margarita Zuleta as
a Director
8,841,012,352 99.82% 15,555,894 0.18% 8,856,568,246 73.95% 956,535
11. To reappoint
Deloitte LLP as the
Company's auditors
to hold office until
the conclusion of
the next general
meeting at which
accounts are laid
8,582,773,287 96.91% 273,918,686 3.09% 8,856,691,973 73.95% 832,807
12. To authorise the
audit committee to
fix the
remuneration of
the auditors
8,806,190,870 99.43% 50,498,433 0.57% 8,856,689,303 73.95% 835,478
13. To approve the
Directors'
Remuneration
Policy (excluding
the Directors'
Renumeration
Policy) as set out in
the 2024 Annual
Report
8,504,898,069 97.43% 224,140,598 2.57% 8,729,038,667 72.88% 128,486,112
14. To renew the
authority pursuant
to Article 10.2 of the
Company's Articles
8,325,233,875 94.00% 531,496,628 6.00% 8,856,730,503 73.95% 794,276
15. Irrespective of
whether Resolution
16 is passed, if
Resolution 14 is
passed, to authorise
the Directors
pursuant to Article
10.3 of the Articles
to allot equity
securities for an
Allotment Period
7,696,814,923 86.91% 1,158,999,292 13.09% 8,855,814,215 73.94% 1,710,537
16. That in accordance
with Article 40A of
the Companies
(Jersey) Law 1991, all
of the Company's
shares shall be
converted into no
par value shares
8,835,239,694 99.76% 21,299,595 0.24% 8,856,539,289 73.95% 985,489
17. To make market
purchases of
ordinary shares
7,540,371,814 96.54% 269,936,214 3.46% 7,810,308,028 65.21% 1,047,216,750
*Total voting rights of the shares in issue, excluding 1,248,038,041 shares held in treasury.
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For further information please contact:
Investors
Martin Fewings t: +41 41 709 28 80 m: +41 79 737 56 42 martin.fewings@glencore.com
Media
Charles Watenphul t: +41 41 709 24 62 m: +41 79 904 33 20 charles.watenphul@glencore.com
Company Secretarial
John Burton t: +41 41 709 26 19 m: +41 79 944 54 34 john.burton@glencore.com
www.glencore.com
Glencore LEI: 2138002658CPO9NBH955
Notes for Editors
Glencore is one of the world's largest global diversified natural resource companies and a major producer
and marketer of more than 60 commodities that advance everyday life. Through a network of assets,
customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute
the commodities that support decarbonisation while meeting the energy needs of today.
With over 150,000 employees and contractors and a strong footprint in over 30 countries in both established
and emerging regions for natural resources, our marketing and industrial activities are supported by a
global network of more than 50 offices.
Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation,
battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers
and consumers of commodities.
Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the
International Council on Mining and Metals. We are an active participant in the Extractive Industries
Transparency Initiative.
We will support the global effort to achieve the goals of the Paris Agreement through our efforts to
decarbonise our own operational footprint. For more information see our 2024-2026 Climate Action
Transition Plan, available on our website at glencore.com/publications.
Follow us on social media:
linkedin.com/company/glencore
x.com/glencore
instagram.com/glencoreplc
facebook.com/glencore
youtube.com/glencorevideos
Important Information
This material does not purport to contain all of the information you may wish to consider. For further important
information, including in connection with forward-looking statements and other cautionary information, refer to the
Important notice section of Glencore's 2024 Annual Report, which is available at glencore.com/publications. This
document does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to
purchase or subscribe for any securities.
Other information
The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities. In this
document, "Glencore", "Glencore group" and "Group" are used for convenience only where references are made to
Glencore plc and its subsidiaries in general. These collective expressions are used for ease of reference only and do not
imply any other relationship between the companies. Likewise, the words "we", "us" and "our" are also used to refer
collectively to members of the Group or to those who work for them. These expressions are also used where no useful
purpose is served by identifying the particular company or companies.
Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 28-05-2025 04:20:00
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