Gates shareholders approve redomiciliation to Bermuda; effective July 20, 2026

Gates Industrial Corp plc

91.9% of shares present at Court Meeting; 232,587,896 votes for, 914,464 against the Scheme.
91.55% at General Meeting; Scheme Proposal passed with 231,699,745 for, 885,509 against.
Redomiciliation via scheme of arrangement; existing shares exchange 1:1 for New Gates shares.
Court hearing scheduled July 16, 2026; trading in New Gates shares begins July 20, 2026.
Gates will become a wholly-owned subsidiary of New Gates Industrial Corporation Ltd.

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