Manchester & London Investment Trust Plc - Result of AGM

6 November 2024 MANCHESTER AND LONDON INVESTMENT TRUST PLC (the "Company") Results of Annual General Meeting The Company announces that, at the Annual General Meeting ("AGM") of the Company held today, all resolutions contained in the Notice of AGM were duly passed on a poll. M&M Investment Company Ltd, the controlling shareholder of the Company undertook not to vote on the resolutions dealing with the re-election of the independent Directors and Mr Brett Miller. The proxy votes below therefore reflect the votes submitted by independent shareholders as indicated. The proxy votes received in relation to the resolutions passed were as follows: +-------------+----------+-----+-------+-------+---------------+----------+---- -+ |Resolution |For (No. |For |Against|Against|Votes Withheld |Total |% of | | |of shares)| |(No. of|(%) |(No. of shares)|Votes |ISC | | | |(%) |shares)| | | |Voted| +-------------+----------+-----+-------+-------+---------------+----------+---- -+ |1. To receive|26,724,508|99.99|3,734 |0.01 |1,154 |26,729,396|66.66| |and accept | | | | | | | | |the Annual | | | | | | | | |Report | | | | | | | | +-------------+----------+-----+-------+-------+---------------+----------+---- -+ |2. To approve|26,715,872|99.96|9,839 |0.04 |3,685 |26,729,396|66.66| |the | | | | | | | | |Directors' | | | | | | | | |Remuneration | | | | | | | | |Report | | | | | | | | +-------------+----------+-----+-------+-------+---------------+----------+---- -+ |3. To approve|26,712,531|99.95|13,180 |0.05 |3,685 |26,729,396|66.66| |the | | | | | | | | |Directors' | | | | | | | | |Remuneration | | | | | | | | |Policy | | | | | | | | +-------------+----------+-----+-------+-------+---------------+----------+---- -+ |4.To declare |26,726,023|99.99|3,219 |0.01 |154 |26,729,396|66.66| |a final | | | | | | | | |ordinary | | | | | | | | |dividend of | | | | | | | | |7.0p per | | | | | | | | |Ordinary | | | | | | | | |Share | | | | | | | | +-------------+----------+-----+-------+-------+---------------+----------+---- -+ |5. To re |2,892,607 |86.18|463,768|13.82 |23,373,021 |26,729,396|66.66| |-elect Daniel| | | | | | | | |Wright as a | | | | | | | | |Director | | | | | | | | |(independent | | | | | | | | |shareholders)| | | | | | | | +-------------+----------+-----+-------+-------+---------------+----------+---- -+ |6. To re |3,267,413 |97.35|88,962 |2.65 |23,373,021 |26,729,396|66.66| |-elect Brett | | | | | | | | |Miller as a | | | | | | | | |Director | | | | | | | | |(independent | | | | | | | | |shareholders)| | | | | | | | +-------------+----------+-----+-------+-------+---------------+----------+---- -+ |7. To re |3,267,413 |97.35|88,962 |2.65 |23,373,021 |26,729,396|66.66| |-elect Daren | | | | | | | | |Morris as a | | | | | | | | |Director | | | | | | | | |(independent | | | | | | | | |shareholders)| | | | | | | | +-------------+----------+-----+-------+-------+---------------+----------+---- -+ |8. To re |3,267,413 |97.35|88,962 |2.65 |23,373,021 |26,729,396|66.66| |-elect James | | | | | | | | |Waterlow as a| | | | | | | | |Director | | | | | | | | |(independent | | | | | | | | |shareholders)| | | | | | | | +-------------+----------+-----+-------+-------+---------------+----------+---- -+ |9. To re |26,713,196|99.95|13,931 |0.05 |2,269 |26,729,396|66.66| |-appoint | | | | | | | | |Deloitte LLP | | | | | | | | |as Auditor of| | | | | | | | |the Company | | | | | | | | +-------------+----------+-----+-------+-------+---------------+----------+---- -+ |10. To |26,724,393|99.99|3,734 |0.01 |1,269 |26,729,396|66.66| |authorise the| | | | | | | | |Directors to | | | | | | | | |determine the| | | | | | | | |Auditor's | | | | | | | | |Remuneration | | | | | | | | +-------------+----------+-----+-------+-------+---------------+----------+---- -+ |11. To |26,778,528|99.99|3,734 |0.01 |3,084 |26,785,346|66.80| |authorise the| | | | | | | | |Directors to | | | | | | | | |offer holders| | | | | | | | |the right to | | | | | | | | |elect to | | | | | | | | |receive | | | | | | | | |optional | | | | | | | | |scrip | | | | | | | | |dividends | | | | | | | | +-------------+----------+-----+-------+-------+---------------+----------+---- -+ |12. To |26,776,803|99.98|6,574 |0.02 |1,969 |26,785,346|66.80| |authorise the| | | | | | | | |Directors to | | | | | | | | |allot | | | | | | | | |Ordinary | | | | | | | | |Shares | | | | | | | | +-------------+----------+-----+-------+-------+---------------+----------+---- -+ |13. To |26,710,526|99.93|18,716 |0.07 |154 |26,729,396|66.66| |disapply | | | | | | | | |statutory pre| | | | | | | | |-emption | | | | | | | | |rights in | | | | | | | | |relation to | | | | | | | | |the issue of | | | | | | | | |Ordinary | | | | | | | | |Shares* | | | | | | | | +-------------+----------+-----+-------+-------+---------------+----------+---- -+ |14. To |26,695,203|99.87|34,039 |0.13 |154 |26,729,396|66.66| |authorise the| | | | | | | | |Directors to | | | | | | | | |sell, | | | | | | | | |transfer and | | | | | | | | |allot | | | | | | | | |Ordinary | | | | | | | | |Shares from | | | | | | | | |Treasury at a| | | | | | | | |discount to | | | | | | | | |the net asset| | | | | | | | |value* | | | | | | | | +-------------+----------+-----+-------+-------+---------------+----------+---- -+ |15. To |26,459,243|98.99|269,999|1.01 |154 |26,729,396|66.66| |authorise the| | | | | | | | |Company to | | | | | | | | | | | | | | | | | |make market | | | | | | | | |purchases of | | | | | | | | |Ordinary | | | | | | | | |Shares* | | | | | | | | +-------------+----------+-----+-------+-------+---------------+----------+---- -+ |16. To |26,707,181|99.92|22,061 |0.08 |154 |26,729,396|66.66| |authorise the| | | | | | | | |Company to | | | | | | | | |hold general | | | | | | | | |meetings on | | | | | | | | |14 clear | | | | | | | | |days' notice*| | | | | | | | +-------------+----------+-----+-------+-------+---------------+----------+---- -+ *special resolutions NOTES: 1. All resolutions were passed. 2. Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution. 3. Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution. 4. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution. 5. The number of shares in issue on 4 November 2024 was 40,528,238 ordinary shares (including 431,220 shares in treasury). The number of Ordinary Shares in circulation (excluding treasury shares), carrying one vote each, is 40,097,018. 6. The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at https://mlcapman.com/manchester-london-investment-trust -plc/. 7. In accordance with Listing Rule 6.4.2, a copy of resolutions 11 to 16 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. LEI: 213800HMBZXULR2EEO10 This information was brought to you by Cision http://news.cision.com

XLON