Result of AGM

 16 April 2019

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 16 April 2019, 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 by proxy voting. The total number of shares in issue was 19,242,296.

Resolution number	Resolution description	In Favour		Against		Withheld
		Votes	%	Votes	%	Votes
1	To receive the report and accounts	13,162,068	99.99	1,628	0.01	0
2	To approve the final dividend	13,163,697	100	0	0	0
3	To re-elect James Peters	12,797,535	97.22	365,947	2.78	214
4	To re-elect Terry Twigger	12,942,637	98.33	220,345	1.67	714
5	To re-elect Andy Sng	13,162,313	99.99	1,170	0.01	214
6	To re-elect Gavin Griggs	13,161,813	99.99	1,170	0.01	714
7	To re-elect Duncan Penny	13,162,983	100	0	0	714
8	To re-elect Polly Williams	12,940,684	98.31	222,799	1.69	214
9	To re-appoint auditors	13,136,352	99.79	27,344	0.21	0
10	Remuneration of auditors	13,162,935	99.99	714	0.01	48
11	Remuneration report	12,844,145	97.76	294,660	2.24	24,891
12	Authority to allot shares	12,420,466	97.18	360,206	2.82	383,024
13	To authorize the disapplication of pre-emption rights (general purposes)	12,421,348	97.19	359,325	2.81	383,024
14	To authorize the disapplication of pre-emption rights (specified investments)	12,394,828	96.98	385,844	3.02	383,024
15	Authority for the Company to purchase its own shares	12,395,356	96.98	385,864	3.02	382,476

Note: Percentage of votes cast excludes withheld votes

Enquiries:

XP Power                                                                                                             

Duncan Penny, Chief Executive Officer           [phone]
Gavin Griggs, Chief Financial Officer