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As we announced in our Notice of Meeting, to ensure the safety of our shareholders and our colleagues, the Company is closely monitoring developments relating to the current outbreak of Covid-19, including best practice and the related guidance and legislation issued by the UK Government relating to public health and to the holding of shareholder meetings. Following public health and safety guidance and in light of such legislation, the 2020 AGM was run as a closed meeting and it was not possible for shareholders to attend in person.

We requested that shareholders who wished to ask a question of the Board relating to the business of the AGM do so by submitting questions in advance of the AGM by email. We considered all questions received, which are published below along with our answers.

1. When will we be planning to resume payment of a dividend? 

Answer: If we are not materially impacted by Covid-19 during the year, we expect to declare an interim dividend during this financial year in line with our Capital and Dividend Policy.

2. What is the Board’s approach to setting contracts and hours? Will the Board commit to not rely on zero or low-hour contracts, which transfer unfair risk onto vulnerable, low-paid workers, who become trapped in in-work poverty.

Answer: We do not use zero hours contracts. Our philosophy is to offer a diverse set of contracts from seasonal and 8 hours up to full time to ensure we can appeal to as many people as possible. 87 % of our colleagues have contracts for 16 hours or more a week. Most of our distribution colleagues work full time. We offer 8 hour and seasonal contracts as these appeal to colleagues such as students who cannot commit more time.

 

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The Notice of Annual General Meeting ("AGM") of Dunelm Group plc (the "Company") was circulated to shareholders on 9 October 2020. In that notice we said that we were expecting the AGM to be held as a physical meeting, but that this may be subject to change.

 The AGM will still take place at 11.30am on Tuesday 17 November 2020 at Dunelm’s Store Support Centre, Pontylue Way, Watermead Business Park, Syston, Leicestershire, LE7 1AD, as previously notified to shareholders. However, since that date the public health guidance due to Covid-19 has changed, with the United Kingdom national and devolved governments issuing additional restrictions and advice to the public to avoid non-essential travel to and from certain areas.  As a result, the Board has decided that the AGM will now be run as a closed meeting and shareholders will NOT be permitted to attend in person.

 The Company believes these measures are necessary and appropriate in light of the current pandemic, to protect the health and wellbeing of the Company's employees, shareholders and the wider communities in which we operate. Shareholders are strongly encouraged to vote by submitting a proxy in advance of the AGM. To ensure that their vote is recorded, shareholders should only appoint the Chairman of the AGM (and not any named individual) to act as their proxy. Details of how to submit a proxy are set out in the Notice of Annual General Meeting which can be found in the Reports and Presentations section of this website.

 Shareholders can submit questions in advance of the AGM addressed to the Company Secretary at investorrelations@dunelm.com. The Board will endeavour to answer all questions as soon as is practicable after the AGM and post these on its website.

 

Information about issued share capital

 The issued share capital of the Company as at 7 October 2020 (being the latest practicable date prior to the publication of the 2020 Notice of Annual General Meeting) was 202,833,931 Ordinary Shares. The Company held 532,579 Ordinary Shares in treasury and is not permitted to exercise voting rights in respect of those Ordinary Shares. Therefore, the total number of voting rights in the Company on 7 October 2020 was 202,301,352, each Ordinary Share carrying one vote.

 The issued share capital of the Company as at 7 October 2019 (being the latest practicable date prior to the publication of the 2019 Notice of AGM) was 202,833,931 Ordinary Shares. The Company held 854,699 Ordinary Shares in treasury and is not permitted to exercise voting rights in respect of those Ordinary Shares. Therefore, the total number of voting rights in the Company on 7 October 2019 was 201,979,232, each Ordinary Share carrying one vote.

 The issued share capital of the Company as at 5 October 2018 (being the latest practicable date prior to the publication of the 2018 Notice of AGM) was 202,833,931 Ordinary Shares. The Company held 914,635 Ordinary Shares in treasury and is not permitted to exercise voting rights in respect of those Ordinary Shares. Therefore, the total number of voting rights in the Company on 5 October 2018 was 201,919,296, each Ordinary Share carrying one vote.

 The issued share capital of the Company as at 11 October 2017 (being the latest practicable date prior to the publication of the 2017 Notice of AGM) was 202,833,931 Ordinary Shares. The Company held 1,124,154 Ordinary Shares in treasury and is not permitted to exercise voting rights in respect of those Ordinary Shares. Therefore, the total number of voting rights in the Company on 11 October 2017 was 201,709,777, each Ordinary Share carrying one vote.

Article of association

Rules of the Dunelm 2020 Share Plan