How CSL Will Vote

What Your Proxy Does With Your Vote

Brian McLaughlin votes the proxies left to his discretion as set out below. Every position was agreed by the CSL directors, and the reason for it is published with it.

CSL votes FOR 15 of these resolutions, AGAINST 1, and withholds on 3.

These differ from the Celtic plc board's own recommendation: GM1, 16 and 17.

General Meeting, 9.30am

GM1Amendment to the Company's Articles of Association.Special

Against

New Article 20.6 lets the Chair adjourn without consent and restart the meeting via such medium as the Chair or the Directors decide, with no notice if the meeting restarts within 14 days, and nothing guarantees live questions online. We would support new Articles with that fixed.

Annual General Meeting, 12.00 noon

1To receive the Company's annual accounts and the Auditors' Report, the Strategic Report and the Directors' Report for the year ended 30 June 2026.

For

2To reappoint James Mark Keane, who retires annually, as a director of the Company.

Withheld

A significant shareholder sitting on the Remuneration Committee, and our question of 14 October on how he was nominated is unanswered.

3To reappoint Brian Rose, who retires annually, as a director of the Company.

For

4To reappoint Brian Wilson, who retires annually, as a director of the Company.

For

Has publicly committed to a full AGM with questions answered.

5To reappoint Christopher McKay, who retires annually, as a director of the Company.

For

6To reappoint Dermot Desmond, who retires annually, as a director of the Company.

Withheld

Chairs the Nomination Committee and sits on Remuneration while being the largest shareholder. Withheld registers the concern without a headline vote against.

7To reappoint Michael Nicholson, who retires annually, as a director of the Company.

For

8To reappoint Sharon Brown, who retires annually, as a director of the Company.

For

9To approve the Directors' Remuneration Policy.Advisory

For

Executive bonus capped at 50% of salary. We will ask a question on the FY26 bonuses given the loss of £6.6M.

10To receive the Directors' Remuneration Report.Advisory

For

The bonuses paid this year relate to the FY25 profit of £45.7M. We will ask a question on that at the meeting.

11To reappoint BDO LLP as auditors of the Company.

For

12To authorise the directors to determine the remuneration of the auditors.

For

13Authority to allot shares.

For

Within standard limits, and the stated use is the scrip dividend and options only.

14Disapplication of pre-emption rights.Special

For

The standard 5%, and not used in recent years other than for the scrip dividend.

15Request the Board to appoint Georgeson, the asset reunification service operated by the Company's registrar, Computershare Investor Services PLC, to carry out a shareholder tracing and asset reunification programme.CSL resolution

For

16The Board to prepare a strategic review and a published report with a football, financial, and strategic plan (medium term, 3 to 5 years).Requisitioned

For

It is the case we made in the Celtic Paradox paper.

17Undertake, in cooperation with elected representatives of the Celtic support, a full review of the security operations at Celtic Park.Requisitioned

For

Supporter safety. Voting for the resolution does not endorse the personal points in its supporting statement.

18The Chairman of the Board of Directors of Celtic PLC to issue a full and unreserved apology to the shareholders and supporters of Celtic FC for giving a platform at the 2025 AGM to an individual who holds no role within the governance of Celtic PLC.Requisitioned

Withheld

A personal motion. CSL takes no side, and members can direct their own vote on it.

You are not bound by any of this. When you appoint through CSL you can direct your own vote on any resolution, and anything you leave alone follows the position above. Appoint your proxy