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ARTICLE · 30 MARCH 2020

COVID-19 And AGM Virtual Meeting Planning

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In light of the rapidly evolving developments relating to COVID-19 and the social distancing measures being widely implemented, public companies are rethinking their plans to hold in-person annual shareholder meetings.

CanadaCorporate/Commercial Law

In light of the rapidly evolving developments relating to COVID-19 and the social distancing measures being widely implemented, public companies are rethinking their plans to hold in-person annual shareholder meetings. As annual meeting season fast approaches, companies that want to move towards a virtual meeting but preserve their scheduled meeting date must move quickly.

What you need to know

  • “Virtual” meetings are those that are conducted entirely through electronic means over the internet with no physical meeting location.
  • In light of COVID-19, we expect the vast majority of companies this proxy season will hold virtual meetings or strongly discourage in-person attendance.

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