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Ann: Results of Meeting, page-2

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    "For any Spill Resolution to be passed, more than 50% of the votes cast on the resolution must be in favour of it."

    So the second strike was passed, but the spill was not.

    This is from a morningstar article on the two-strike rule;

    "The other likely outcome is that the two-strikes rule does little to rein in absolute executive pay and improve alignment between pay and performance. Perhaps its greatest contribution might be to force boards to better explain their remuneration strategy to institutional investors and provide a clear remuneration report in the annual report."

    Looks like it's mostly inconsequential.

 
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