Result of AGM

2 April 2012

 

XP Power Limited

                         ("XP Power" or "the Company")                         

                                                                               

Result of Annual General Meeting

 

The Annual General Meeting of XP Power Limited was held at 401 Commonwealth
Drive, Haw Par Technocentre, Lobby B, #02-02, Singapore 149598 on 2 April 2012,
commencing at 5.00 p.m. Singapore time. All resolutions were unanimously passed
by show of hands.

 

For information the following table shows the total votes cast including the
proxy voting. The total number of shares in issue was 19,242,296.

 

Resolution             Resolution             In Favour            Against        Withheld  
  number                                                                                    
                                                                                            
                                                Votes       %        Votes   %       Votes  
                                                                                            
     1      To receive and adopt the reports                                                
            and audited accounts              12,234,861  99.90%    11,974  0.10%  471,757  
                                                                                            
     2      To approve the final dividend     12,246,835 100.00%         0  0.00%  471,757  
                                                                                            
     3      To re-elect Larry Tracey          12,230,694  99.87%    16,141  0.13%  471,757  
                                                                                            
     4      To re-elect Mike Laver            12,242,668  99.97%     4,167  0.03%  471,757  
                                                                                            
     5      To re-elect Andy Sng              12,242,668  99.97%     4,167  0.03%  471,757  
                                                                                            
     6      To re-elect Jonathan Rhodes       12,242,668  99.97%     4,167  0.03%  471,757  
                                                                                            
     7      To re-elect John Dyson             9,319,129  79.03% 2,473,032 20.97%  926,431  
                                                                                            
     8      Re-appointment of auditors        12,246,835 100.00%         0  0.00%  471,757  
                                                                                            
     9      Remuneration of auditors          12,244,335  99.98%     2,500  0.02%  471,757  
                                                                                            
    10      Approval of remuneration report   11,529,769  97.06%   349,822  2.94%  839,001  
                                                                                            
    11      Authority to allot shares         11,740,063  99.99%       950  0.01%  977,579  
                                                                                            
    12      Approval of the XP Power Share                                                  
            Option Plan                        6,797,553  56.85% 5,159,212 43.15%  761,827  
                                                                                            
    13      Disapplication of pre-emption                                                   
            rights                            12,155,971  99.26%    90,598  0.74%  472,023  
                                                                                            
    14      Authority for the Company to                                                    
            purchase its own shares           12,244,419  99.98%     2,150  0.02%  472,023  
                                                                                            

 

Note: Percentage of votes cast excludes withheld votes

 

 

 

Enquiries:

 

XP
Power                                                                                                            
        

Duncan Penny, Chief
Executive                                                                          
[phone]

Jonathan Rhodes, Finance Director
                                                            [phone]