Rezolve AI plc Annual General Meeting and Share Repurchase Plan

Rezolve AI plc announced its upcoming Annual General Meeting (AGM) on June 30, 2026, where shareholders will vote on several key proposals. These include the adoption of the 2025 annual accounts and directors' report, approval of the remuneration report, re-election of four directors, appointment of Macalvins Limited as auditor, and authorization for the board to determine auditor remuneration. Additionally, shareholders will vote on a special resolution for a capital reduction of £480 million, intended to create a distributable reserve that could facilitate share buybacks. The company also announced its Board of Directors will seek authorization to approve a capital reduction and a share repurchase program of up to $300 million. This program, to be executed in agreement with BTIG, reflects the Board's confidence in the company's long-term prospects and its belief that the current market valuation undervalues the business. Rezolve AI intends to commence repurchases following court approval of the capital reduction, utilizing existing cash reserves and exploring non-dilutive financing alternatives to support the program over time. The company expects the proposal to be approved and anticipates court approval by the end of August. The capital reduction is subject to UK court approval.