Result of AGM and Board Update

Written by Customer Service on May 26, 2022. Posted in Public Companies.

Kenmare Resources plc

(“Kenmare” or “the Company”)

26 May 2022

AGM Results and Board Update

At the Annual General Meeting (“AGM”) of Kenmare Resources plc ((LSE:KMR, ISE:KMR) held today at The Shelbourne Hotel, 27 St Stephen’s Green, Dublin 2, all resolutions were duly passed on a poll. The full text of each resolution was included in the Notice of the Meeting to shareholders, dated 21 April 2022. In accordance with the Listing Rules, copies of the resolutions passed at the AGM (not relating to ordinary business) have been forwarded to the National Storage Mechanism and Euronext Dublin where they will shortly be available for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and https://direct.euronext.com/#/oamfiling

The full voting results are set out below:

Resolution	Votes For	%	Votes Against	%	Votes Withheld *	%	Total Votes	% of issued share capital voted
To consider the Report of the Directors and Accounts	74,058,420	100.00	168	0.00	34,819	0.05	74,058,588	78.02
To consider the Directors’ Remuneration Report	73,221,015	98.87	837,362	1.13	35,030	0.05	74,058,377	78.02
To declare a final dividend of USc25.42 per share	74,093,080	100.00	29	0.00	298	0.00	74,093,109	78.06
To re-elect Michael Carvill	74,091,107	100.00	2,002	0.00	298	0.00	74,093,109	78.06
To re-elect Elaine Dorward-King	73,654,553	99.45	404,035	0.55	34,819	0.05	74,058,588	78.02
To re-elect Clever Fonseca	74,091,100	100.00	2,009	0.00	298	0.00	74,093,109	78.06
To re-elect Graham Martin	73,826,260	99.64	266,849	0.36	298	0.00	74,093,109	78.06
To re-elect Tony McCluskey	73,924,742	99.77	168,367	0.23	298	0.00	74,093,109	78.06
To re-elect Sameer Oundhakar	68,834,082	100.00	163	0.00	5,259,162	7.64	68,834,245	72.52
To re-elect Deirdre Somers	71,231,095	96.14	2,862,014	3.86	298	0.00	74,093,109	78.06
To elect Mette Dobel	74,092,622	100.00	476	0.00	309	0.00	74,093,098	78.06
To elect Andrew Webb	74,092,994	100.00	104	0.00	309	0.00	74,093,098	78.06
To authorise Directors to fix auditor’s remuneration	74,092,983	100.00	374	0.00	50	0.0	74,093,357	78.06
To renew the authority to convene an EGM by 14 days’ notice.	74,018,751	99.90	74,650	0.10	6	0.00	74,093,401	78.06
To authorise the directors to allot relevant securities	73,551,297	99.27	542,099	0.73	11	0.00	74,093,396	78.06
To disapply statutory pre-emption rights	73,575,244	99.30	516,044	0.70	2,119	0.00	74,091,288	78.05
To authorise market purchases	74,045,365	99.94	48,036	0.06	6	0.00	74,093,401	78.06
To authorise re-issue of treasury shares.	73,556,740	99.28	536,605	0.72	62	0.00	74,093,345	78.06
To amend the articles of association for proposed Odd-lot Offer	73,558,416	99.28	534,682	0.72	309	0.00	74,093,098	78.06
To authorise the making of an Odd-lot Offer	73,556,704	99.28	536,692	0.72	11	0.00	74,093,396	78.06
To authorise the making of an off-market purchase of shares**	73,452,324	99.28	535,253	0.72	11	0.00	74,093,396	77.38

*A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes for or against a resolution.

** In accordance with section 105(5) of the Companies Act 2014, votes cast in respect of shares held by or on behalf of Odd-lot Holders (as defined in the Circular dated 21 April 2022) on 21 April 2022 were required to be excluded when determining whether resolution 13 was passed. For technical reasons, in order to effect this, the aggregate number of shares held by or on behalf of Odd-lot Holders on 21 April 2022 was deducted from the votes cast in favour of the resolution.

Board update

As announced on 3 December 2021, Steven McTiernan retired at the Annual General Meeting and Andrew Webb, having been elected as a Director, has succeeded him as Chair of the Board of Directors of Kenmare.

For further information, please contact:

Kenmare Resources plc

Jeremy Dibb / Katharine Sutton

Investor Relations

ir@kenmareresources.com

Tel: +353 1 671 0411

Mob: +353 87 943 0367 / +353 87 663 0875

Murray (PR advisor)

Doug Keatinge

dkeatinge@murraygroup.ie

Tel: +353 1 498 0300

Mob: +353 86 037 4163

About Kenmare Resources

Kenmare Resources plc is one of the world’s largest producers of mineral sands products. Listed on the London Stock Exchange and the Euronext Dublin, Kenmare operates the Moma Titanium Minerals Mine in Mozambique. Moma’s production accounts for approximately 8% of global titanium feedstocks and the Group supplies to customers in more than 15 countries. Kenmare produces raw materials that are ultimately consumed in everyday quality-of life items such as paints, plastics and ceramic tiles.

Result of AGM and Board Update

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