REG - Boku Inc - Result of AGM and Confirmation of Board Changes

BokuAnnouncement

23/05/2024 07:00

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RNS Number : 5480P  Boku Inc  23 May 2024

23 May 2024

 

Boku, Inc.

("Boku" or the "Company" and, together with its subsidiaries, the "Group")

Result of Annual General Meeting and Confirmation of Board Changes

Boku (AIM: BOKU), a leading global provider of mobile payment solutions, is
pleased to announce that at the Annual General Meeting of the Company ("AGM"),
held yesterday, all resolutions were passed. The results of the proxy voting
for the resolutions are set out in the table below.

 

Further to the announcement made on 1 February 2024, the Company confirms that
Stewart Roberts retired as a Non-executive Director of the Company at the AGM
and that Charlotta Ginman, Senior Independent Non-executive Director, has now
assumed the role of Chair of the Audit Committee and has become a member of
the Remuneration Committee.

 

Further to the announcement made on 1 May 2024, the Company also confirms that
Keith Butcher stepped down from the Board of Directors at the AGM. Recruitment
of a new Chief Financial Officer is in process and a further announcement will
be made in due course.

 

 

 Resolution                                                                               In Favour              Against                 Number of votes withheld
         Number of votes                                                                  %            Number of votes     %
 1       Approve and adopt the amendment to the Amended and Restated Certificate of       198,461,340  100.00%   0                0%     0
         Incorporation pursuant to the Certificate of Amendment.
 2       If Resolution No.1 is approved, approve and adopt the amendment to the Amended   198,461,340  100.00%   0                0%     0
         and Restated Bylaws pursuant to Amendment No.1 to Amended and Restated Bylaws
 3       If Resolutions No.1 and No. 2 are approved, election of the following as

       directors of the Company until the 2025 annual general meeting of the Company.

         Meriel Lenfestey                                                                 198,461,340  100.00%   0                0%     0
         Charlotta Ginman                                                                 198,132,840  99.83%    328,500          0.17%  0
         Keith Butcher                                                                    [resolution withdrawn]
         Richard Hargreaves                                                               194,740,811  98.13%    3,720,529        1.87%  0
         Stuart Neal                                                                      198,461,340  100.00%   0                0%     0
         Jonathan Prideaux                                                                198,461,340  100.00%   0                0%     0
         Mark Britto                                                                      198,461,340  100.00%   0                0%     0
         Loren I. Shuster                                                                 198,461,340  100.00%   0                0%     0
 11      If Resolutions No.1 and No. 2 are not approved, election of the following        [resolution withdrawn]
         individuals as Class I directors of the Company:
         Meriel Lenfestey                                                                 [resolution withdrawn]
         Charlotta Ginman                                                                 [resolution withdrawn]
         Keith Butcher                                                                    [resolution withdrawn]
 14      Appointment of PricewaterhouseCoopers LLP as auditor of the Company.             198,461,340  100.00%   0                0%     0
 15      Authorise the Company's Audit Committee to determine PwC's remuneration.         198,461,340  100.00%   0                0%     0
 16      Approve, on an advisory basis, the Directors' Remuneration Report set out in     158,512,074  98.50%    2,406,833        1.5%   0
         the Annual Report for the year ended 31 December 2023

 

Enquiries:

Boku, Inc.

Stuart Neal, Chief Executive Officer
                                        +44 (0)20 3934
6630

Investec Bank plc (Nominated Adviser & Joint Broker)
                                +44 (0)20 7597
5970

Edward Knight / Nick Prowting / Cameron MacRitchie

Peel Hunt LLP (Joint Broker)
 
  +44 (0)20 7418 8900

Paul Gillam / Adam Telling

IFC Advisory Limited (Financial PR & IR)
                                         +44 (0)20 3934
6630

Tim Metcalfe / Graham Herring / Florence Chandler

Notes to Editors

Boku Inc. (AIM: BOKU) is a leading global network of localised payment
solutions. Boku's mobile-first payments network, including digital wallets,
direct carrier billing, and A2A (account to account)/real-time payments
schemes, reaching over 7.5 billion mobile payment accounts through a single
integration.

 

Customers that trust Boku to simplify sign-up, acquire new paying users and
prevent fraud include global leaders such as Amazon, Meta Platforms, Google,
Microsoft, Netflix, Sony, Spotify and Tencent.

 

Boku Inc. was incorporated in 2008 and is headquartered in London, UK, with
offices in the
US, India, Brazil, China, Estonia, France, Germany, Indonesia, Japan, Singapore, Spain, Taiwan and
Vietnam.

 

To learn more about Boku Inc., please visit: https://www.boku.com
(https://www.boku.com/)

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