Tate & Lyle PLC

Update to the Notice of Annual General Meeting 2024

Further to our announcement on 4 June 2024 (1075R) of the publication of our Annual Financial Report and Notice of Annual General Meeting 2024, Tate & Lyle PLC ('the Company' or 'Tate & Lyle') announces that it will seek approval for an additional resolution at the Annual General Meeting and has submitted a revised Proxy Form to shareholders for this purpose.  The revised Proxy Form has also been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Proxy Form - http://www.rns-pdf.londonstockexchange.com/rns/4481T_1-2024-6-21.pdf

This revised form of proxy is being sent to shareholders further to the announcement on 20 June 2024 of the proposed combination of the Tate & Lyle and CP Kelco businesses. A copy of our announcement of this transaction can be found at our website: www.tateandlyle.com. 

The Proposed Transaction constitutes a Class 1 transaction for Tate & Lyle under the UK Listing Rules and is, therefore, as at the date of this letter, conditional on the approval of Tate & Lyle's shareholders.  As indicated by the Financial Conduct Authority ("FCA"), the UK Listing Rules are expected to change in the coming weeks, such that the requirement for a shareholder meeting to vote to approve a Class 1 transaction would no longer apply.  

At the present time, Tate & Lyle requires the permission of its shareholders at a general meeting to change the name of the Company. In contemplation of the changes to the Listing Rules as set out above, the Board proposes to amend the Company's Articles of Association to permit the directors to change the name of the Company should the Directors consider this to be appropriate following the combination with CP Kelco.

Accordingly, the Directors have reissued the proxy card for the above AGM with an additional resolution seeking shareholder approval for this proposed amendment to the Articles. 

It is proposed that the following resolution be passed as a special resolution: 

Resolution 23: to add a new Article 127 to the Articles of Association as follows:  

127 CHANGE OF NAME The Company may change its name by resolution of the board. 

Accordingly, shareholders should submit, or, if they have already voted, resubmit their votes using the revised form of proxy.  

The Annual General Meeting 2024 will be held at the Royal College for Nursing, 20 Cavendish Square, London, W1G 0RN at 10.30am on 25 July 2024.

The Annual Report 2024, Notice of Annual General Meeting 2024, Notice of Availability, and Proxy Form are also available on the Company's website: https://www.tateandlyle.com/news/2024-annual-report-and-notice-agm. Mailing of the Annual Report 2024, Notice of Annual General Meeting 2024, Notice of Availability and Proxy Form to shareholders who have requested or are entitled to receive them will occur shortly.

We will notify shareholders of any significant updates to our Annual General Meeting 2024 arrangements via a regulatory information service and on the Investors Hub section of the Company's website.

Claire-Marie O'Grady

Company Secretary

21 June 2024