As companies look to plan their FY 2020 annual report and prepare for the 2021 AGM season, we have reflected on our experience in 2020. We summarise below key learnings and what we think will undoubtedly be on the agenda and in focus for 2021.
The temporary flexibilities granted by the Corporate Governance and Insolvency Act 2020 ("CIGA") in relation to the conduct of company meetings come to an end on 31 December 2020. There remains considerable uncertainty as to what company meetings will look like in 2021. To ensure that companies are prepared for all eventualities, they should consider the following:
Shareholders continue to scrutinise executive remuneration decisions. Be mindful of the following for 2021: