For the 2025 AGM season, we expect to see more focus on early, proactive shareholder engagement where changes are proposed to executive remuneration and where there are shareholder-requisitioned resolutions. We may also see a few more companies considering whether to opt for digitally-enabled meetings for the first time.

The 2025 AGM season has seen remuneration related resolutions face more opposition from shareholders than others. This is partly due to UK plcs proposing new remuneration policies to remain competitive with their US peers, with pay packages pushing the boundaries of market practice in the UK to date.

This article reviews the 2025 AGM season to identify the latest trends and explore the wider context. We also consider what this might mean for next year’s AGM season.

The debate about the competitiveness of executive pay for UK companies (in particular for those listed on the LSE’s Main Market) continues, particularly given the role that this can play in the UK’s ability to be seen an attractive place for both companies and executives.