Celtic PLC AGM – Urgent update for those shareholders wishing to vote/proxy their shares

Many of you will know that there have been problems with some shareholders being able to cast their votes or register their proxy for the 2025 Celtic PLC AGM which is due to take place on Friday 21 November at Celtic Park.  Voting opened on 28/10/25 when the AGM papers were delivered by post or email to shareholders – of which Celtic has around 28000.

The Celtic Trust had publicised our voting intentions, including on a resolution expressing no confidence in the PLC Board and had, as normal, indicated how to proxy votes to the Trust.  We advised those shareholders who appeared to be having difficulty to approach Computershare, the company’s Registrar, and at the beginning of this week we approached Computershare directly to ask what the issue was.

In an astonishing and profoundly shocking development, we have been advised this morning that this problem only applied to those shareholders who wished to proxy their vote to the Celtic Trust.  We are told that the Computershare system rejected the word ‘Trust’ because the Companies Act does not allow companies or trusts (in the corporate sense) to act as proxy.  We have been given no explanation as to why this problem has not arisen in the twenty five years that the Celtic Trust has been operating and engaging in Celtic PLC AGMs.  Neither have we been told why it took so long for Computershare or Celtic PLC to identify this issue and how they intend to recover the integrity of the process.

We have now lost almost two weeks to try to get our vote out – a task which takes a lot of our time at this time of year.  Furthermore, most Celtic shareholders are not experienced in these matters as Celtic shares are the only shares which they own.  Many will have given up trying to vote already, having repeatedly been prevented from doing so by the Computershare system.  Many people who vote for us regularly over the years will not see any updates and will simply do what they always do and not know why they can’t vote.

It is the responsibility of Celtic PLC to ensure that the rights of shareholders are protected.  We have requested an urgent meeting with the Company Secretary, Joanne McNairn, at 9am on Monday morning (10th) to hear what Celtic PLC intend to do, if anything, about this matter.

In the meantime, if you wish to proxy your votes to the Celtic Trust please enter the following EXACT words/abbreviations in the appropriate box:

The Celtic Tst

Or

An Officer of CT