With proxy season on the horizon, many public companies are once
again preparing their annual disclosure documents and shareholder
materials for their annual general meetings. In preparing for the
2024 proxy season, clients should be aware of some of the
regulatory developments and institutional investor guidance that
are likely to impact disclosure to, and interactions with,
shareholders this year.
This update highlights what is new for the 2024 proxy season and
other developments in relevant securities regulation.
What's new in institutional investor commentary?
Glass Lewis & Co. (“Glass Lewis”) and
Institutional Shareholder Services (“ISS”), two
companies that provide guidance to institutional investors on how
to vote at shareholders' meetings of publicly-traded
companies, have each released updates to their Canadian guidelines
for the 2024 proxy season.
