Update Statement regading AGM voting

27 May 2021

Volta Finance Limited (VTA / VTAS)

Update Statement regarding AGM voting

Information disclosed in accordance with provision 1.D.4 of the 2018 UK Code of Corporate Governance and principle 5.2.4 of the 2019 AIC Code of Corporate Governance.

Volta Finance Limited (the “Company”) announced “Results of the Fourteenth Annual General Meeting” on 8 December 2021 and noted the votes against the resolutions to approve the re-election of the directors, Graham Harrison, Stephen Le Page, Paul Meader, and Paul Varotsis, contained in resolutions 4 to 7 inclusively. The following negative votes (as a proportion of the total votes cast) is as follows:

Resolution	% of vote cast
4. To re-elect Mr Graham Harrison as an independent director of the Company	33.81%
5. To re-elect Mr Stephen Le Page as a an independent director of the Company	33.81%
6. To re-elect Mr Paul Meader as a an independent director of the Company	36.39%
7. To re-elect Mr Paul Varotsis as a an independent director of the Company	33.81%

The Board, through the Company’s corporate broker, has sought to engage with the dissenting shareholders to understand their concerns. Unfortunately, despite multiple efforts, the Board and its adviser have been unsuccessful to date in gaining any response.  The Board invites the dissenting shareholders to engage, either directly through the Chairman or Senior Independent Director or through the corporate broker, so that the directors may seek to address the dissenting shareholders’ concerns. The Chairman and Senior Independent Director may be contacted at [email protected].

For further information, please contact:

Company Secretary and Portfolio Administrator
BNP Paribas Securities Services S.C.A, Guernsey Branch
[email protected]
+44 (0) 1481 750 853

Corporate Broker
Cenkos Securities plc
Will Talkington

Andrew Worne
+44 (0) 20 7397 8900

For the Investment Manager
AXA Investment Managers Paris
Serge Demay
[email protected]
+33 (0) 1 44 45 84 47