Result of AGM

NextEnergy Solar Fund Limited

04 September 2026

 

LEI: 213800ZPHCBDDSQH5447

4 September 2026

NextEnergy Solar Fund Limited

("NESF" or the "Company")

Results of Annual General Meeting

NextEnergy Solar Fund, a leading specialist investor in solar energy and energy storage, is pleased to announce that at the Annual General Meeting ("AGM") of the Company held today at 12.00pm on 4 September 2026, ALL proposed Ordinary and Special Resolutions were voted in line with the Board's voting recommendations.

Ordinary Resolutions 1-11 and Special Resolutions 12-14 passed with the requisite majority.  In accordance with the recommendation of the Board, Special Resolution 15 (The Discontinuation Vote) DID NOT pass.

The voting breakdown of all resolutions is as follows:

Ordinary Business - Ordinary Resolutions	Votes For		Votes Against		Votes Withheld*
1.   To receive and consider the Financial Statements of the Company for the year ended 31 March 2026	272,570,524	99.81%	512,053	0.19%	509,922
2.   To approve the Directors' remuneration report for the year ended 31 March 2026 contained within the Annual Report and Financial Statements	265,237,175	97.41%	7,042,212	2.59%	1,313,112
3.   To approve the Company's dividend mechanics	271,472,564	99.44%	1,519,896	0.56%	600,039
4.   To approve an amendment to the Company's investment policy**	231,213,614	85.04%	40,660,423	14.96%	1,718,462
5.   To elect Tony Quinlan	265,890,168	98.59%	3,813,566	1.41%	3,888,765
6.   To re-elect Paul Le Page	265,307,177	97.71%	6,230,680	2.29%	2,054,642
7.   To re-elect Josephine Bush	265,150,850	97.68%	6,303,823	2.32%	2,137,826
8.   To re-elect Jo Peacegood	265,170,717	97.68%	6,308,388	2.32%	2,113,394
9.   To re-elect Caroline Chan	265,180,590	97.70%	6,247,798	2.30%	2,164,111
10. To re-appoint KPMG Audit Limited as auditor to the Company	269,701,167	98.91%	2,965,180	1.09%	926,152
11. To authorise the Directors to set the remuneration of the auditor	267,682,674	98.54%	3,959,021	1.46%	1,950,804
Special Business - Special Resolutions
12. To authorise the Directors to allot and issue ordinary shares (or sell treasury shares) in the Company	263,977,555	96.96%	8,280,589	3.04%	1,334,355
13. To authorise the Directors to allot additional ordinary shares (or sell treasury shares) in the Company	263,651,493	96.83%	8,631,321	3.17%	1,309,685
14. To authorise the Company to make market purchases of its own shares	271,954,909	99.51%	1,344,216	0.49%	293,374
15. Discontinuation vote: That the Company ceases to continue in its present form.	18,631,033	6.83%	254,095,336	93.17%	866,130

The full text of the resolutions may be found in the Notice of Annual General Meeting dated 7 August 2026, which is available on both the Company's website https://www.nextenergysolarfund.com/ and on the National Storage Mechanism ("NSM") https://data.fca.org.uk/#/nsm/nationalstoragemechanism***. Details of the proxy votes lodged before the meeting will also be available shortly on the Company's website.

A copy of the Special Resolutions passed at the Annual General Meeting has been submitted to the NSM and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism***.

*            A vote withheld is not a vote in law and is not counted in the proportion of votes 'for' or   'against' a

Resolution

**     The amendment to the Company's investment policy is conditional upon FCA approval and the consent of the Company's preference shareholders.

***      Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other websites) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this notification.

For further information:  NextEnergy Capital	020 3746 0700
Michael Bonte-Friedheim	[e-mail]
Ross Grier
Stephen Rosser
Peter Hamid (Investor Relations)
RBC Capital Markets	020 7653 4000
Kathryn Deegan
Cavendish	020 7908 6000
Robert Peel
H/Advisors Maitland	020 7379 5151
Neil Bennett
Finlay Donaldson
Ocorian Administration (Guernsey) Limited	01481 742642
Kevin Smith

Notes to Editors ¹:

About NextEnergy Solar Fund

NextEnergy Solar Fund is a specialist solar energy and energy storage investment company that is listed on the Main Market of the London Stock Exchange.

NextEnergy Solar Fund's investment objective is to provide Ordinary Shareholders with attractive long-term total returns, principally in the form of regular dividends, by investing in a diversified portfolio of utility-scale solar energy and energy storage infrastructure assets.  The majority of NESF's long-term cash flows are inflation-linked via UK government subsidies.

For further information please visit www.nextenergysolarfund.com

Article 9 Fund

NextEnergy Solar Fund is classified under Article 9 of the EU Sustainable Finance Disclosure Regulation and EU Taxonomy Regulation.  NextEnergy Solar Fund's sustainability-related disclosures in the financial services sector are in accordance with Regulation (EU) 2019/2088 and can be accessed on the ESG section of both the NextEnergy Solar Fund and NextEnergy Capital websites.

About NextEnergy Group

NextEnergy Solar Fund is managed by NextEnergy Capital, part of the NextEnergy Group.  NextEnergy Group was founded in 2007 to become a leading market participant in the international solar sector which now employs over 400 professionals.  Since its inception, NextEnergy Group has been active in the development, construction, and ownership of solar assets across multiple jurisdictions.  NextEnergy Group operates via its three business units: NextEnergy Capital (Investment Management), WiseEnergy (Operating Asset Management), and Starlight (Asset Development).

·     NextEnergy Capital: has over 19 years of specialist solar expertise having invested in over 530 individual solar plants across the world.  NextEnergy Capital currently manages four institutional funds with a total capacity in excess of 4GW and has funds under management of c.$4.8bn.  More information is available at www.nextenergycapital.com   

·    WiseEnergy®:  is a leading specialist operating asset manager in the solar sector.  Since its founding, WiseEnergy has provided solar asset management, monitoring and technical due diligence services to over 1,600 utility-scale solar power plants with an installed capacity in excess of 3.5GW.  More information is available at www.wise-energy.com

·   Starlight: has developed over 100 utility-scale projects internationally and continues to progress a large pipeline of c.9GW of both green and brownfield project developments across global geographies.  More information is available at www.starlight-energy.com

Notes:

^1: All financial data is unaudited at 30 June 2026, being the latest date in respect of which NextEnergy Solar Fund has published financial information.

 

END