UKGI statement re: NWG Annual General Meeting (AGM)
AGM resolutions
UK Government Investments (UKGI), which manages the government’s shareholding in NatWest Group plc (NWG), has lodged votes in favour of Resolutions 1 – 24 and resolution 26 at the company’s Annual General Meeting (AGM) on 25 April 2023. In line with appropriate and previous practice, UKGI did not register a vote on Resolution 25 (the renewal of the authority for NWG to buy back shares from HM Treasury). These votes were lodged in line with the Financial Reporting Council’s UK Stewardship Code, the government Shareholding Memorandum of Understanding between HM Treasury and UKGI and the UKGI Framework Agreement with HM Treasury.
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