21 May 2022

Today, eligible Co-op members voted with an overwhelming majority for the Group to continue its work to address inequality in communities and lead other businesses in being more climate conscious, as part of its ‘Co-operating for a Fairer World’ vision.

The results of the vote were announced as part of today’s AGM, streamed by members at home, but also with a chance to attend in person at Manchester Central Convention Complex, for the first time since 2019 and Covid-related restrictions first came into force.

As part of the meeting, led by chairman Allan Leighton with support from interim CEO Shirine Khoury-Haq, other motions included working towards greater member engagement and receiving this year’s annual report and accounts.

Commenting, Co-op Chair Allan Leighton said; “We are living in a volatile and uncertain period, which is having a clear and demonstrable effect on people’s lives and their surrounding communities.

“Our members have provided clear direction, for our Co-op to further face into those issues, which exacerbate inequality within society.”

Voting results

Motion 1 - To receive the Annual Report and Accounts for the period ended 1 January 2022.

Carried For: 98.24% Against: 1.76%

Motion 2 - To approve the Directors’ Remuneration Report for the period ended 1 January 2022.

Carried For: 88.25% Against: 11.75%

Motion 3 - To approve our Executive Pay Policy.

Carried For: 83.38% Against: 16.62%

Motion 4 - To receive our Sustainability Report for the period ended 1 January 2022.

Carried For: 98.08% Against: 1.92%

Motion 5 - To re-elect Allan Leighton as an Independent Non-Executive Director.

Carried For: 95.17% Against: 4.83%

Motion 6 - To re-elect Sir Chris Kelly as an Independent Non-Executive Director.

Carried For: 94.86% Against: 5.14%

Motion 7 - To re-elect Rahul Powar as an Independent Non-Executive Director.

Carried For: 86.85% Against: 13.15%

Motion 8 - To re-appoint Ernst & Young LLP as our auditors and authorise the Risk and Audit Committee to fix their remuneration.

Carried For: 94.83% Against: 5.17%

Motion 9 -Joint Board and Council Motion –to seek approval to incur political expenditure, including donations and/or subscriptions to political parties, not exceeding £750,000 in total for the year commencing 1 January 2023.

Carried
For: 80.86% Against: 19.14%

Motion 10 - Members’ Council Motion – to research barriers for members participating with our Co-op and increase their engagement, with fixed targets.

Carried For: 98.46% Against: 1.54%

Motion 11 - Members’ Council Motion – to advocate for greater opportunities for all in the face of inequality, including greater access to food, more routes to education and employment for young people, and continued updates against Co-op’s commitments to racial equality and inclusion.

Carried For: 96.94% Against: 3.06%

Motion 12 - Members’ Council Motion - Co-op to work with the co-operative retail sector to mobilise colleagues, members and customers to accelerate collective action on climate change and sustainability, establishing the Co-op as an undisputed UK leader in ethical business and sustainability.

Carried For: 96.64% Against: 3.36%

Results for the election of Member Nominated Director

Paul Chandler: Successful
Sarah McCarthy-Fry: Successful
Christine Tacon: Unsuccessful
Tim Nolan: Unsuccessful