Shareholder proposal rule
2022 saw the return of physical meetings for a significant majority of AGMs, with companies viewing hybrid meetings as more complex and costly. Institutional investors continue to support well organised hybrid meetings, but...more
Up to now, the virtual Annual General Meeting has been a provisional solution due to the exceptional situation caused by the pandemic, with an end date of August 31, 2022 set in the so-called COVID-19 Act. The German Federal...more
The current flexibilities offered in the Corporate Governance and Insolvency Act 2020 for holding general meetings are due to expire on 30 March 2021 and although the Government continues to pursue the opportunity to...more
The Financial Reporting Council (FRC), the body responsible for the UK Corporate Governance Code, has published guidance on best practice for holding AGMs, taking into account the impact of this year’s COVID-19 lock-down on...more
While balance sheet proposals saw a slight downturn, COVID-19 and FEFTA appear not to have dampened shareholders' desire to effect change via AGM proposals....more
On March 27, 2020, Germany passed a package of COVID-19-related amendments that apply to various areas of the law, with some important aspects already put into effect in the country on March 28, 2020. Included in the act on...more