Explanatory Notes: PETAA AGM

Item 1: Reports — the law does not require resolutions be put to Members.

The PETAA Annual Report 2023 will be presented to the meeting. The report includes the financial report, the Directors’ report and the Auditor’s report. As permitted by law, a printed copy of the Annual Report will be sent only to those Members who have elected to receive a printed copy.

Item 2: Election of Directors — requires separate ordinary resolutions be considered for the election of each of the three successful candidates, as determined in the digital ballot conducted prior to the AGM. In view of the potential complexity of voting at a virtual meeting the Board resolved, in accordance with Rule 24 a) 1 of the Constitution, that these ordinary resolutions be considered based on results of that digital ballot.
 
In accordance with Rule 24 a) 1 of the Constitution, in 2024 the ballot to enable financial Members to select their preferred three candidates will be conducted ahead of the AGM, using direct voting via electronic means. The Company Secretary will announce the results of the ballot at the AGM and put separate resolutions to Members for the election of three Directors.