How AGM Ready Are You?
AGM Season Is Upon Us
October 03, 2023DownloadsDownload Service Sheet
Companies are in planning and execution mode for their Annual General Meetings (AGM), with dates locked in, platform technology confirmed, and the Notice of Meeting either sent or almost ready to be sent to investors. With AGMs changing from typically routine affairs to increasingly heated debates in the last few years, key questions and asks for investors are likely to centre on a few hot button topics. Likely discussions will centre on data security and cyber threats, climate change, executive remuneration and ESG linked KPIs and the perennial aspect of how much skin in the game directors should have.
Looking back, strikes for 2022 were grounded in remuneration issues. In the context of current inflation levels, investors expect restraint when it comes to executive remuneration. Remuneration reports are likely to be closely scrutinised at the next AGMs; in particular, the remuneration framework appropriately reflecting desired performance metrics and outcomes.