Result of AGM | RNS

ANNUAL GENERAL MEETING OF LLOYDS BANKING GROUP PLC

Following the annual general meeting held today at the Edinburgh International Conference Centre in Scotland, Lloyds Banking Group plc announces that all the resolutions put to shareholders were passed by the requisite majorities. Resolutions 1 to 24 (inclusive) were passed as ordinary resolutions. Resolutions 25 to 30 (inclusive) were passed as special resolutions. A poll was held on each of the resolutions proposed. The results of the polls are as follows:

Resolution

Votes

For

% of Votes Cast

Votes

Against

% of

Votes

Cast

Total Votes

Validly Cast

Total Votes Cast

as a %

of the Ordinary Shares in Issue

Votes

Withheld

Receive the report and accounts for the year ended 31 December 2015

49,938,010,018

99.97

13,872,742

0.03

49,951,882,760

69.99%

62,132,761

Election of Ms D D McWhinney

49,907,462,604

99.83

83,099,531

0.17

49,990,562,135

70.04%

22,918,129

Election of Mr S W Sinclair

49,842,075,785

99.70

147,993,448

0.30

49,990,069,233

70.04%

23,052,773

Re-election of Lord Blackwell

49,439,943,667

98.91

545,441,330

1.09

49,985,384,997

70.03%

28,096,751

Re-election of Mr J Colombás

49,863,155,517

99.74

129,683,549

0.26

49,992,839,066

70.04%

20,848,528

Re-election of Mr M G Culmer

49,685,427,571

99.39

307,154,368

0.61

49,992,581,939

70.04%

21,044,123

Re-election of Mr A P Dickinson

49,905,997,054

99.83

85,488,826

0.17

49,991,485,880

70.04%

21,862,607

Re-election of Ms A M Frew

49,888,241,526

99.79

104,380,859

0.21

49,992,622,385

70.04%

20,911,820

Re-election of Mr S P Henry

49,874,699,760

99.77

117,172,750

0.23

49,991,872,510

70.04%

21,633,585

Re-election of Mr A Horta-Osório

49,910,035,250

99.82

88,311,509

0.18

49,998,346,759

70.05%

15,551,707

Re-election of Mr N L Luff

49,796,959,599

99.61

194,894,923

0.39

49,991,854,522

70.04%

21,673,278

Re-election of Mr N E T Prettejohn

49,845,472,162

99.71

146,301,603

0.29

49,991,773,765

70.04%

21,714,628

Re-election of Mr A Watson

49,886,919,205

99.79

105,112,669

0.21

49,992,031,874

70.04%

21,172,897

Re-election of Ms S V Weller

49,907,594,558

99.83

85,029,601

0.17

49,992,624,159

70.04%

20,667,792

Approval of the Implementation Report section of the Directors' Remuneration Report

48,674,028,164

97.67

1,163,413,713

2.33

49,837,441,877

69.83%

176,451,689

Approval of a final dividend of 1.5 pence per ordinary share

49,960,697,253

99.91

47,503,613

0.09

50,008,200,866

70.07%

6,587,645

Approval of a special dividend of 0.5 pence per ordinary share

49,936,124,197

99.86

71,670,740

0.14

50,007,794,937

70.06%

6,703,073

Re-appointment of the auditor

48,916,402,972

97.83

1,085,356,858

2.17

50,001,759,830

70.06%

11,887,075

Authority to set the remuneration of the auditor

49,578,784,375

99.17

417,342,231

0.83

49,996,126,606

70.05%

16,485,089

Lloyds Banking Group Long-Term Incentive Plan 2016

48,885,939,220

97.81

1,096,004,586

2.19

49,981,943,806

70.03%

31,341,803

Lloyds Banking Group North America Employee Stock Purchase Plan 2016

49,496,353,250

99.03

483,550,381

0.97

49,979,903,631

70.03%

33,118,803

Authority to make political donations or to incur political expenditure

48,919,007,881

98.04

976,025,973

1.96

49,895,033,854

69.91%

118,545,197

Directors' authority to allot shares

47,702,569,847

96.81

1,569,445,948

3.19

49,272,015,795

69.03%

741,382,124

Directors' authority to allot shares in relation to the issue of Regulatory Capital Convertible Instruments

48,482,236,058

97.27

1,358,675,606

2.73

49,840,911,664

69.83%

172,128,006

Limited disapplication of pre-emption rights (ordinary shares)

47,092,165,836

94.49

2,746,517,084

5.51

49,838,682,920

69.83%

174,391,543

Limited disapplication of pre-emption rights (Regulatory Capital Convertible Instruments)

47,588,595,554

95.49

2,246,934,797

4.51

49,835,530,351

69.82%

177,154,763

Authority to purchase own ordinary shares

49,487,094,931

98.97

512,971,489

1.03

50,000,066,420

70.05%

13,512,955

Authority to purchase own preference shares

49,831,254,716

99.76

121,852,260

0.24

49,953,106,976

69.99%

60,369,112

Adoption of new articles of association

49,914,494,435

99.85

73,002,983

0.15

49,987,497,418

70.04%

25,520,666

Notice period for general meetings

45,622,493,279

91.25

4,373,836,158

8.75

49,996,329,437

70.05%

16,834,512

Dyfrig John, Independent Non-Executive Director, retired from the board on 11 May 2016 and therefore did not seek re-election at the annual general meeting.

For all resolutions, as at 6.00pm on 10 May 2016 (the time at which shareholders who wanted to attend, speak and vote at the meeting were required to have their details entered in the register of members), there were 71,373,735,357 ordinary shares in issue. 195 shareholders or persons representing shareholders attended the meeting. Shareholders are entitled to one vote per ordinary share. Votes withheld are not votes and, therefore, have not been counted in the calculation of the proportion of votes for and against a resolution. In accordance with the UK Listing Authority's Listing Rules, copies of the resolutions will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/nsm

Title: Result of AGM
Time: 15:30:34
Date: 12 May 2016
Category: AGMs and other meetings
ID: 1047Y

Resolution		Votes For	% of Votes Cast	Votes Against	% of Votes Cast	Total Votes Validly Cast		Total Votes Cast as a % of the Ordinary Shares in Issue	Votes Withheld
1	Receive the report and accounts for the year ended 31 December 2015	49,938,010,018	99.97	13,872,742	0.03	49,951,882,760		69.99%	62,132,761
2	Election of Ms D D McWhinney	49,907,462,604	99.83	83,099,531	0.17	49,990,562,135		70.04%	22,918,129
3	Election of Mr S W Sinclair	49,842,075,785	99.70	147,993,448	0.30	49,990,069,233		70.04%	23,052,773
4	Re-election of Lord Blackwell	49,439,943,667	98.91	545,441,330	1.09	49,985,384,997		70.03%	28,096,751
5	Re-election of Mr J Colombás	49,863,155,517	99.74	129,683,549	0.26	49,992,839,066		70.04%	20,848,528
6	Re-election of Mr M G Culmer	49,685,427,571	99.39	307,154,368	0.61	49,992,581,939		70.04%	21,044,123
7	Re-election of Mr A P Dickinson	49,905,997,054	99.83	85,488,826	0.17	49,991,485,880		70.04%	21,862,607
8	Re-election of Ms A M Frew	49,888,241,526	99.79	104,380,859	0.21	49,992,622,385		70.04%	20,911,820
9	Re-election of Mr S P Henry	49,874,699,760	99.77	117,172,750	0.23	49,991,872,510		70.04%	21,633,585
10	Re-election of Mr A Horta-Osório	49,910,035,250	99.82	88,311,509	0.18		49,998,346,759	70.05%	15,551,707
11	Re-election of Mr N L Luff	49,796,959,599	99.61	194,894,923	0.39	49,991,854,522		70.04%	21,673,278
12	Re-election of Mr N E T Prettejohn	49,845,472,162	99.71	146,301,603	0.29	49,991,773,765		70.04%	21,714,628
13	Re-election of Mr A Watson	49,886,919,205	99.79	105,112,669	0.21	49,992,031,874		70.04%	21,172,897
14	Re-election of Ms S V Weller	49,907,594,558	99.83	85,029,601	0.17	49,992,624,159		70.04%	20,667,792
15	Approval of the Implementation Report section of the Directors' Remuneration Report	48,674,028,164	97.67	1,163,413,713	2.33	49,837,441,877		69.83%	176,451,689
16	Approval of a final dividend of 1.5 pence per ordinary share	49,960,697,253	99.91	47,503,613	0.09	50,008,200,866		70.07%	6,587,645
17	Approval of a special dividend of 0.5 pence per ordinary share	49,936,124,197	99.86	71,670,740	0.14	50,007,794,937		70.06%	6,703,073
18	Re-appointment of the auditor	48,916,402,972	97.83	1,085,356,858	2.17	50,001,759,830		70.06%	11,887,075
19	Authority to set the remuneration of the auditor	49,578,784,375	99.17	417,342,231	0.83	49,996,126,606		70.05%	16,485,089
20	Lloyds Banking Group Long-Term Incentive Plan 2016	48,885,939,220	97.81	1,096,004,586	2.19	49,981,943,806		70.03%	31,341,803
21	Lloyds Banking Group North America Employee Stock Purchase Plan 2016	49,496,353,250	99.03	483,550,381	0.97	49,979,903,631		70.03%	33,118,803
22	Authority to make political donations or to incur political expenditure	48,919,007,881	98.04	976,025,973	1.96	49,895,033,854		69.91%	118,545,197
23	Directors' authority to allot shares	47,702,569,847	96.81	1,569,445,948	3.19	49,272,015,795		69.03%	741,382,124
24	Directors' authority to allot shares in relation to the issue of Regulatory Capital Convertible Instruments	48,482,236,058	97.27	1,358,675,606	2.73	49,840,911,664		69.83%	172,128,006
25	Limited disapplication of pre-emption rights (ordinary shares)	47,092,165,836	94.49	2,746,517,084	5.51	49,838,682,920		69.83%	174,391,543
26	Limited disapplication of pre-emption rights (Regulatory Capital Convertible Instruments)	47,588,595,554	95.49	2,246,934,797	4.51	49,835,530,351		69.82%	177,154,763
27	Authority to purchase own ordinary shares	49,487,094,931	98.97	512,971,489	1.03	50,000,066,420		70.05%	13,512,955
28	Authority to purchase own preference shares	49,831,254,716	99.76	121,852,260	0.24	49,953,106,976		69.99%	60,369,112
29	Adoption of new articles of association	49,914,494,435	99.85	73,002,983	0.15	49,987,497,418		70.04%	25,520,666
30	Notice period for general meetings	45,622,493,279	91.25	4,373,836,158	8.75	49,996,329,437		70.05%	16,834,512

12 May 2016

ANNUAL GENERAL MEETING OF LLOYDS BANKING GROUP PLC