An annual general meeting, or annual shareholder meeting, is primarily held to allow shareholders to vote on both company issues and the selection of the company’s board of directors.
An annual general meeting (AGM) is a mandatory yearly gathering of a company’s shareholders. at an AGM, the director(s) of the company present an annual report containing information for shareholders about the company’s performance and strategy. Shareholders with voting rights should vote on the issues listed on the agenda, such as appointments to the company’s board of directors, dividend payment, and the selection of auditors and other decisions.
This document is intended for use in the United Arab Emirates.
This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.