MUFG Pension & Market Services
A member of MUFG, a global financial group

AGM Snapshot 2020

February 2021 / Link Group

Welcome to the seventh edition of the Link Group AGM Snapshot.

Connecting people to their assets is core to our business at Link Group. In this edition of our AGM Snapshot, we share the experience of a wide range of stakeholders on managing meetings during a pandemic – with views on corporate governance, activism, ESG, and the key statistics that shaped last year’s meetings.

On 20 March 2020, in response to the challenge of conducting meetings during a pandemic, ASIC issued guidelines to support companies with upcoming AGMs. Subsequently on 6 May 2020, temporary modifications to the Corporations Act 2001 came into effect, enabling companies to hold meetings using virtual technology.

The virtual format enabled companies to provide a safe environment to conduct their meetings.

In this edition we observed some fascinating trends during the 2020 season. These changes have challenged traditional thinking on how to manage shareholder meetings. The adoption of electronic communications and new technologies for holding meetings, has been positively received by shareholders, company directors and other industry stakeholders.

In 2021, Link Group expects broad support for a more permanent set of reforms for virtual meetings and the electronic delivery of investor communications.

We hope you enjoy the insights from our Meetings Services team at Link Group..

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