Motion 1: To receive the Annual Report and Accounts for the year ended 3 January 2015

Votes For 96.26% / Against 3.74% - Carried

This motion is to confirm receipt of the Annual Report and Accounts. This is available below to download and will also be available in hard copy at the Annual General Meeting.

Annual Report and Accounts for the year ended 3 January 2015

Members’ Council Response

Given the timing of the Council meetings in conjunction with the release of the Group’s results, as well as the desire to upload comments onto the AGM website at the earliest opportunity, the Council did not on this occasion have time to fully review the 2014 Report & Accounts in order to provide detailed comment. It has, however, had the opportunity to meet with the Group Chief Executive Officer following the publication of the results as part of its “holding to account” role and was pleased to hear about the progress that has been made over the past year. The Council notes that the timetable for producing Annual Reports and releasing the results is extremely tight, though will liaise with the Board to seek to ensure greater input from the Council in future years.