QUILTER PLC - Update Statement with respect to 2022 Annual General Meeting Resolution Vote

Update Statement with respect to 2022 Annual General Meeting Resolution Vote

QUILTER PLC
Incorporated under the Companies Act 1985 (UK) with registered number 06404270 and re-
registered as a public limited company under the Companies Act 2006) (UK)
ISIN CODE: GB00BDCXV269
JSE SHARE CODE: QLT
Quilter plc (the "Company")



Thursday 10 November 2022


                                              Quilter plc


       Update Statement with respect to 2022 Annual General Meeting Resolution Vote

At our AGM held on 12 May 2022, resolution 16, which sought authorisation for political donations or
expenditure, passed with the requisite majority of votes, however 22.5% of the votes cast were against
the resolution.

There was a significant difference in voting between the South African and UK share registers on this
resolution with 63.77% and 99.94% support respectively. In line with provision 4 of the UK Corporate
Governance Code, we have continued to directly engage with our largest South African shareholders
on this resolution to further understand their views. We continue to recognise that in a current South
African governance context, any linkage between business and politics is sensitive. Quilter has no
intention of undertaking political donations and has not done so since Listing to date but, in line with
other listed UK companies, has sought such authority to avoid any inadvertent breaches of UK
company law given the breadth of the applicable provisions. We note that the political donations
resolution passed with more than an 80% majority at the Quilter 2020 and 2021 Annual General
Meetings. We understand the importance of continuing dialogue and effective communication with
our shareholders to ensure that it is clear that the Board believe that this authority is simply a
precautionary measure to ensure that the Company (and its subsidiaries) does not inadvertently
breach in the UK, South Africa or anywhere else in the world UK company law. We will also continue
to explain clearly the reasons why the Board believe this resolution is an important protection for the
Company in the Notice of Annual General Meeting.


                                                -ends-

Enquiries:

Investor Relations:
John-Paul Crutchley                             +44 (0) 20 7002 7016

Company Secretary:
Clare Barrett                                   +44 (0) 20 7002 7072



About Quilter plc:
Quilter plc is a leading wealth management business in the UK and internationally, helping to create
prosperity for the generations of today and tomorrow.
Quilter oversees £96.9 billion in customer investments (as at 30 September 2022).

It has an adviser and customer offering spanning: financial advice, investment platforms, multi-asset
investment solutions, and discretionary fund management.

The business is being reorganised into two segments: Affluent and High Net Worth.

Affluent encompasses the financial planning businesses, Quilter Financial Planning, the Quilter
Investment Platform and Quilter Investors, the multi-asset investment solutions business.

High Net Worth includes the discretionary fund management business, Quilter Cheviot, together
with Quilter Private Client Advisers.

JSE Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited

Date: 10-11-2022 01:00:00
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