Virtual AGMs have been done since years but the increased relevance of conducting meetings with external stakeholders virtually, has increased the importance of using a proper platform for such meetings.Different countries have published legislation since 2015 on how to conduct virtual AGMs and many of these guidelines have been updated in early 2020, with strict and/or rather generic policies. To provide some guidance on how to execute Virtual AGMS, we have consolidated a small guide.
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Virtual AGM stakeholders need to log in and authenticate to the event via 1 or multiple layers. 2FA methods depend on the availability of data (e.g. mobile phone number or mailing addresses). Also proxy forms, authorizations and consent to Terms & Conditions might be required during the login process.
Our platform provides Web-based as well as native app access to the virtual AGM. Designed for different stakeholders and large-scale events, the login process has been simplified to the minimum, keeping security and auditability in check.
Voting is a key element of every AGM. Usually before the voting, stakeholder must be given the right to raise questions. This can be done via video / audio or text. After the Q&A, the voting process must accommodate for voting shares as well as proxy / manual voting structures. The resolutions may have different answer-types and coercion / caveat evidence might be required.
Our system is laid out and has been proven in large-scale voting. The following key elements can be configured to create the right voting process
We work with different public and private video conferencing and video live streaming platforms to maximize the exposure of the AGM. With integration of standard tools, the presenters can leverage well-known platforms to upstream their video and engage with other presenters or the audience. Our AGM studio provides a great central point to monitor the virtual AGM.
The Virtual AGM platform includes detailed reports of every single configuration change as well as the user behaviour. In regards to the voting process, it captures detailed information about the voting result as well as the participants that voted. Detailed reports provide information about quorum as well as potential risk for inaccuracies.
We have run events from 2 to 20,000 participants. Our technical onsite team has experience from thousands of events, understands the subject-matter and is happy to support on questions or concerns.
To learn more about our Virtual AGM Solution, please check out our Website or contact us