Difference between annual general meeting of shareholders and special meeting of shareholders


The shareholders have a general meeting each year, but a special meeting might also be convened from time to time. See the details here.

The annual general meeting of the shareholders occurs regularly. Here, the company presents its annual report, which contains information for shareholders about its performance and strategy. Shareholders with voting rights vote on current issues, such as appointments to the company's board of directors, executive compensation, dividend payments and auditors. Shareholders who do not attend the meeting in person are asked to vote by proxy, which can be done online or by mail.

The special meeting of shareholders, on the other hand, occurs at an irregular time. It usually takes place where an issue arises which requires the input of the entire membership and is too serious or urgent to wait until the next AGM. Shareholders must be informed of the purpose of the meeting so that they may attend in a position where they can discuss and exercise intelligent judgment, otherwise any resolutions passed are invalid.