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BP p.l.c. announced the poll results from its Annual General Meeting held on 12 May 2022. Shareholders passed 23 of the 24 resolutions, with voting participation for each resolution (excluding withheld votes) ranging from 59.27% to 61.19% of issued share capital. The "Follow This shareholder resolution on climate change targets" (Resolution 24) failed, receiving 85.14% of votes against it.
| Date | 12 May 2022 |
| Time | 17:53:10 |
| Category | AGMs and other meetings |
| ID | 3567L |
BP p.l.c
AGM 2022 poll results
BP p.l.c. held its Annual General Meeting on 12 May 2022 and announces the results of the voting below.
|
|
Votes For |
% |
Votes Against |
% |
Total Votes Cast (excluding withheld) |
% of issued share capital voted*
|
Votes Withheld** |
|
Resolution 1: Report and accounts |
11,888,811,888 |
99.63 |
43,967,714
|
0.37
|
11,932,779,602
|
61.12%
|
53,028,472
|
|
Resolution 2: Directors' remuneration report |
11,117,563,056 |
94.36 |
665,022,090 |
5.64 |
11,782,585,146 |
60.36% |
203,221,922 |
|
Resolution 3: "Net Zero - from ambition to action" report |
10,243,411,197 |
88.53 |
1,327,625,024 |
11.47 |
11,571,036,221 |
59.27% |
414,773,596 |
|
Resolution 4: To re-elect Mr H Lund as a director |
11,522,425,313 |
96.56 |
410,700,046 |
3.44 |
11,933,125,359 |
61.13% |
52,672,313 |
|
Resolution 5: To re-elect Mr B Looney as a director |
11,782,025,805 |
98.69 |
156,794,718 |
1.31 |
11,938,820,523 |
61.16% |
46,983,844 |
|
Resolution 6: To re-elect Mr M Auchincloss as a director |
11,791,571,084 |
98.78 |
145,700,050 |
1.22 |
11,937,271,134 |
61.15% |
48,544,835 |
|
Resolution 7: To re-elect Mrs P R Reynolds as a director |
11,388,720,684 |
95.42 |
547,004,247 |
4.58 |
11,935,724,931 |
61.14% |
50,091,676 |
|
Resolution 8: To re-elect Miss P Daley as a director |
11,775,967,983 |
98.66 |
159,440,873 |
1.34 |
11,935,408,856 |
61.14% |
50,404,614 |
|
Resolution 9: To re-elect Mrs M B Meyer as a director |
11,571,670,836 |
97.90 |
247,989,413 |
2.10 |
11,819,660,249 |
60.54% |
166,155,721 |
|
Resolution 10: To re-elect Sir J Sawers as a director |
11,572,408,331 |
96.96 |
362,567,294 |
3.04 |
11,934,975,625 |
61.14% |
50,842,596 |
|
Resolution 11: To re-elect Mr T Morzaria as a director |
11,795,665,999 |
98.83 |
139,322,205 |
1.17 |
11,934,988,204 |
61.14% |
50,827,765 |
|
Resolution 12: To re-elect Mrs K Richardson as a director |
10,794,224,268 |
90.43 |
1,141,764,905 |
9.57 |
11,935,989,173 |
61.14% |
49,826,797 |
|
Resolution 13: To re-elect Dr J Teyssen as a director |
11,748,126,515 |
98.44 |
186,660,015 |
1.56 |
11,934,786,530 |
61.13% |
51,029,439 |
|
Resolution 14: Reappointment of auditor |
11,908,406,408 |
99.69 |
37,233,981 |
0.31 |
11,945,640,389 |
61.19% |
40,185,810 |
|
Resolution 15: Remuneration of auditor |
11,890,464,940 |
99.63 |
43,701,452 |
0.37 |
11,934,166,392 |
61.13% |
51,657,005 |
|
Resolution 16: Renewal of the BP ShareMatch UK Plan 2001 |
11,833,757,590 |
99.23 |
91,540,475 |
0.77 |
11,925,298,065 |
61.09% |
60,531,313 |
|
Resolution 17: Renewal of the BP Sharesave UK Plan 2001 |
11,798,066,613 |
98.94 |
126,207,453 |
1.06 |
11,924,274,066 |
61.08% |
61,543,949 |
|
Resolution 18: Political donations and political expenditure |
11,638,254,421 |
97.55 |
292,192,818 |
2.45 |
11,930,447,239 |
61.11% |
55,370,527 |
|
Resolution 19: Limited authority to allot shares up to a specified amount |
11,365,262,872 |
95.25 |
567,087,208 |
4.75 |
11,932,350,080 |
61.12% |
53,479,307 |
|
Resolution 20: Special resolution: Authority to allot a limited number of shares for cash free of pre-emption rights |
11,750,475,006 |
98.71 |
153,527,693 |
1.29 |
11,904,002,699 |
60.98% |
81,825,689 |
|
Resolution 21: Special resolution: Additional authority to allot a limited number of shares for cash free of pre-emption rights |
11,463,506,845 |
96.29 |
441,630,811 |
3.71 |
11,905,137,656 |
60.98% |
80,690,782 |
|
Resolution 22: Special resolution: Share buyback |
11,746,635,916 |
98.42 |
188,156,921 |
1.58 |
11,934,792,837 |
61.13% |
51,031,941 |
|
Resolution 23: Special resolution: Notice of general meetings |
11,014,542,918 |
92.22 |
929,145,322 |
7.78 |
11,943,688,240 |
61.18% |
42,142,449 |
|
Resolution 24: Special resolution: Follow This shareholder resolution on climate change targets |
1,765,833,694 |
14.86 |
10,118,016,838 |
85.14 |
11,883,850,532 |
60.87% |
101,979,681 |
* Total voting rights of the shares in issue excluding Treasury shares: 19,522,131,901
Every shareholder has one vote for every ordinary share held and two votes for every £5 in nominal amount of bp preference shares held.
** Please note a 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.