In general, RELX is in compliance with the UK regulations relating to the organisation and procedures of the Annual General Meeting.

Under ITEM 2 approval is sought of the Company's executive remuneration policy. Although ECGS favours almost all of the proposed amendments of the Company's executive remuneration policy, it does NOT approve of the maximum variable remuneration, corresponding to 650% of annual base salary (200% ST and 450% LT). Accordingly, ECGS recommends to vote OPPOSE.

Under ITEM 3 an advisory vote on the Company's executive remuneration report is requested. ECGS notes that the total variable salary granted in the year under review, corresponding to 592% of annual base salary, exceeds the maximum threshold under its guidelines. Accordingly, ECGS recommends to vote OPPOSE.

Under ITEM 20 authorisation is sought to repurchase own shares. Although the magnitude of the authority requested would meets its guidelines, ECGS notes that the Company uses "per share" performance measures under its LTI and does not state whether the impact of these share repurchases will be neutralized. Since RELX has a history of share buybacks, ECGS cannot rule out the possibility that executive compensation has been impacted. Accordingly, ECGS recommends to vote OPPOSE.

Finally, under ITEM 21, the board of directors proposes to maintain the delay in calling meetings other than AGMs from 21 to 14 days. In ECGS' view this proposal is NOT in the shareholders' best interests and therefore it recommends to vote OPPOSE.