⌘K
t
IQE plc announced that all resolutions were duly passed at its 2025 Annual General Meeting held on 30 June 2025. Shareholders approved the Directors' Report & Financial Statements with 99.96% of votes and the Directors' Annual Report on Remuneration with 99.68% of votes, also reappointing the auditor with 99.82% of votes. Mark Cubitt was elected as a director, and Jutta Meier, Carol Chesney, Victoria Hull, Maria Marced, Bamdad Bastani, and Harmesh Suniara were re-elected to the board.
| Date | 30 Jun 2025 |
| Time | 13:00:00 |
| Category | AGMs and other meetings |
| ID | 0103P |
IQE plc
Cardiff, UK
30 June 2025
Results of Annual General Meeting
IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of compound semiconductor wafer products and advanced material solutions, is pleased to announce that at its 2025 Annual General Meeting, held today in London, UK, all resolutions were duly passed.
Resolution 1: Receipt of Directors' Report & Financial Statements
For: 424,229,796 (99.96%)
Against: 168,539 (0.04%)
Withheld: 271,856
Resolution 2: Approval of the Directors' Annual Report on Remuneration
For: 422,991,031 (99.68%)
Against: 1,345,167 (0.32%)
Withheld: 333,993
Resolution 3: To elect Mark Cubitt
For: 422,817,004 (99.63%)
Against: 1,558,455 (0.37%)
Withheld: 294,732
Resolution 4: To re-elect Jutta Meier
For: 423,745,702 (99.85%)
Against: 641,359 (0.15%)
Withheld: 283,130
Resolution 5: To re-elect Carol Chesney
For: 423,523,018 (99.80%)
Against: 829,978 (0.20%)
Withheld: 317,195
Resolution 6: To re-elect Victoria Hull
For: 423,056,044 (99.69%)
Against: 1,313,760 (0.31%)
Withheld: 300,387
Resolution 7: To re-elect Maria Marced
For: 423,438,866 (99.78%)
Against: 930,938 (0.22%)
Withheld: 300,387
Resolution 8: To re-elect Bamdad Bastani
For: 423,051,528 (99.69%)
Against: 1,320,376 (0.31%)
Withheld: 298,287
Resolution 9: To re-elect Harmesh Suniara
For: 423,072,193 (99.69%)
Against: 1,299,711 (0.31%)
Withheld: 298,287
Resolution 10: Reappointment of auditor
For: 423,401,900 (99.82%)
Against: 784,071 (0.18%)
Withheld: 484,220
Resolution 11: Directors' authority to allot shares
For: 422,247,638 (99.50%)
Against: 2,131,629 (0.50%)
Withheld: 290,924
Resolution 12: Disapplication of pre-emption rights
For: 413,276,828 (97.40%)
Against: 11,029,050 (2.60%)
Withheld: 364,313
Resolution 13: Disapplication of pre-emption rights (additional authority)
For: 412,669,486 (97.26%)
Against: 11,636,381 (2.74%)
Withheld: 364,324
Contacts:
IQE plc
+44 (0) 29 2083 9400
Mark Cubitt
Jutta Meier
Amy Barlow
Peel Hunt (Nomad and Joint Broker)
+44 (0) 20 7418 8900
Ben Cryer
Kate Bannatyne
Adam Telling
Deutsche Numis (Joint Broker)
+44 (0) 20 7260 1000
Simon Willis
Hugo Rubinstein
Iqra Amin
Headland Consultancy (Financial PR)
+ 44 (0) 20 38054822
Andy Rivett-Carnac: +44 (0) 7968 997 365
Chloe Francklin: +44 (0)78 3497 4624
ABOUT IQE
IQE is the leading global supplier of advanced compound semiconductor wafers and materials solutions that enable a diverse range of applications across:
· Smart Connected Devices
· Communications Infrastructure
· Automotive and Industrial
· Aerospace and Security
As a scaled global epitaxy wafer manufacturer, IQE is uniquely positioned in this market which has high barriers to entry. IQE supplies the global market and is enabling customers to innovate at chip and OEM level. By leveraging the Group's intellectual property portfolio including know-how and patents, it produces epitaxy wafers of superior quality, yield and unit economics.
IQE is headquartered in Cardiff UK, with employees across manufacturing locations in the UK, US and Taiwan, and is listed on the AIM Stock Exchange in London.