General Meeting of Shareholders held June 30, 2016
In connection with the U.K. requirement for Rowan Companies plc (the "Company") to prepare its financial statements in accordance with International Financial Reporting Standards ("IFRS"), the Company held a General Meeting of Shareholders on June 30, 2016, at which the Company's U.K. Annual Report and Accounts prepared in accordance with the Companies Act 2006 ("U.K. Companies Act") requirements and IFRS were laid before the Company. The U.K. Annual Report and Accounts were not available at the time of the Company's 2016 Annual General Meeting held on April 28, 2016.
The final voting results on each of the matters submitted to a vote of shareholders at the General Meeting are shown below. As of the record date, May 2, 2016, there were approximately 125,466,504 Class A Ordinary Shares (“Shares”) outstanding and entitled to vote at the Meeting. The holders of a total of 109,037,844 Shares (86.90%) were present in person or by proxy at the Meeting, thereby reaching quorum. All of the proposals were approved with the requisite vote.