Carphone Warehouse 2016 Annual Report Download - page 83

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Dixons Carphone plc Annual Report and Accounts 2015/16
Corporate Governance
81
Statement of voting at shareholder meetings (not audited)
The Company is committed to ongoing shareholder dialogue in respect of directors’ remuneration, and takes an active interest
in voting outcomes and in particular we have consulted with our shareholders on the Remuneration Policy being put to the vote
at the AGM. Where there are substantial votes against resolutions, explanatory reasons will be sought, and any actions in
response will be communicated to shareholders.
The following tables set out the voting results in relation to the resolutions put to the 2015 annual general meeting:
Resolution Votes for % Votes against % Withheld
A
pproval of Remuneration Policy 771,709,963 94.09 48,431,387 5.91 88,989,962
A
pproval of Annual Remuneration Report 621,991,756 72.95 230,588,119 27.05 56,551,437
As the annual remuneration report received significant shareholder votes against it at the annual general meeting in 2015 (see
table above for voting outcomes at the previous annual general meeting), during the recent consultation process, the Company
encouraged feedback from its key shareholders to understand the reasons behind the dissent. We are aware of shareholders’
concerns regarding the transparency and communication of the Company’s Remuneration Report and have focused on
providing clearer reporting on past remuneration.
Compliance
As required by the Regulations, a resolution to approve this Remuneration Report will be proposed at the AGM to be held on
8 September 2016.
Ian Livingston
Chairman of the Remuneration Committee
28 June 2016
00_DC 2016 Annual Report.pdf 81 11/07/2016 18:34