This article was in the pay talks section

[wdo1256]

Below is a message talking from the Pay Talks section 2022 of this site.

It's relevant to shareholders as well as the pay talks, therefore I have copied and pasted the article (not sure if this is allowed)

For those who may not of seen it and would like to vote against the directors









Email I have been sent.

To All

There is another vote that we need to make people aware of.

The Annual General Meeting for all Royal Mail Shareholders including staff.

Anyone who buys shares through the share plan at work, still has shares from privatisation, and have brought shares privately, are all entitled to vote.

What this means is that we have the chance to have a say if we are not happy with the board of directors and do not accept that they continue to reward themselves again and again with a large bonus.

The board are more than happy to tell us that we are overpaid and have too many benefits compared to others in our sector. However, when it comes to the board they believe that they have done a wonderful job and deserve a hefty bonus yet again.

Below are the questions that we can vote for. Most of the board are happy to continue to milk the company for as much as they can get away with.

The year before 7.3 % voted against Keith Williams and 11.20% voted against Baroness Hogg being re-appointed.
These two along with most of the board are looking for re-election to continue to milk the company for as much as they possibly can while our terms and conditions are eroded.

All I can do is urge you to vote No on all the points listed below and mention it to your fellow workers friends and family,

It’s time to show the board how people feel about them. After their lapdog has done their dirty work, they have sacrificed him with a good payout to appease us.


Their business plan is to screw every penny out of their workforce to generate profits for themselves.

Remember we worked through the pandemic risking our health and generation a massive profit for the business, they stayed indoors and instead of investing the profit for the future of the company they chose to pay out to shareholders and lined their own pockets again. They are happy to pay managers extra to break the strike.

There is a link to vote when you check your shares via the ESP Portal or you should get a paper version.

2023
1. Receive the Company’s Annual Report and Financial Statements
2. Approve the Directors’ Remuneration Report
3. Approve the Directors’ Remuneration Policy
4. Re-appoint Keith Williams as a Director
5. Re-appoint Martin Seidenberg as a Director
6. Re-appoint Mick Jeavons as a Director
7. Re-appoint Baroness Hogg as a Director
8. Re-appoint Maria da Cunha as a Director
9. Re-appoint Michael Findlay as a Director
10. Re-appoint Lynne Peacock as a Director
11. Re-appoint Shashi Verma as a Director
12. Re-appoint Jourik Hooghe as a Director Resolutions
13. Re-appoint Ingrid Ebner as a Director
14. To re-appoint KPMG LLP as auditor of the Company
15. Authorise the Audit and Risk Committee to determine the auditor’s remuneration
16. Authorise the Company to make political donations and incur political expenditure
17. Authorise the Directors to allot shares
18. Empower the Directors to disapply preemption rights*
19. Empower the Directors to disapply preemption rights (acquisitions and specified capital investments)*
20. Authorise the Company to purchase its own shares*
21. Authorise the Company to call general meetings on not less than 14 clear days’ notice