COVID-19 and The Weir Group PLC AGM

COVID-19 and The Weir Group PLC Annual General Meeting

As announced on 31 March 2020 and in the Notice of Meeting, The Weir Group PLC 2020 Annual General Meeting (AGM), is to take place on Tuesday 28 April 2020 at 2.30pm, at 1 West Regent Street, Glasgow.

With respect to the COVID-19 pandemic, the UK and Scottish Governments have recently confirmed that the compulsory 'Stay at Home Measures' remain in place therefore the Board would like to confirm the meeting arrangements. 

These measures mean that the AGM this year will be convened with the minimum necessary quorum of two Shareholders.  This will be facilitated by the Company, and social distancing measures will be in place, in order to comply with Government measures on gatherings that are 'essential for work purposes'. Other Shareholders should not attend the AGM in person and any Shareholders that seek to attend will unfortunately not be admitted. 

In view of the restrictions on attendance, and as stated in the Notice of Meeting, Shareholders wishing to raise any questions relating to the business of the AGM are encouraged to do so by submitting them to [email protected]  The Company will publish responses to questions raised on the Company's website as soon as possible after the meeting.

As stated in the Notice of Meeting, the Board encourages all Shareholders to exercise their vote by appointing the Chairman of the meeting as their proxy and providing voting instructions in advance of the AGM, in accordance with the instructions explained in the Notice of AGM.

You can appoint a proxy with voting instructions using the shareholder portal at www.global.weir/investors/shareholder-information/agm/

Please note that the deadline for submitting proxy voting instructions is 2.30pm on 26 April 2020.

Whilst the Board continues to engage with Shareholders in other ways, the Board looks forward to returning to full Shareholder engagement as soon as it can and will seek opportunities to meet with Shareholders in person when it is safe to do so.

The voting results for each of the resolutions put forward at the AGM will be published via the London Stock Exchange as soon as possible after the conclusion of the AGM and on our website.

In addition, the Company announces that the previously approved inflationary salary and fee increases for the Group Executive and Board members respectively have been withdrawn, as have the 2020 annual Group Executive and Management bonus plans.

The situation in relation to COVID-19 continues to develop, therefore the Board encourages Shareholders to monitor the Company's website and regulatory news services for any updates in relation to the AGM.

Graham Vanhegan

Company Secretary