The ICSA Annual Conference 2017 The Future of AGMs...The ICSA Annual Conference 2017 The Future of...

The ICSA Annual Conference 2017

The Future of AGMs

Sponsored by:

Wednesday 5th July

11:15amPeter Fowler, Managing Director, UK, Lumi

Lisa Graham, Registrar, Equiniti

John Heaton, Vice President, ICSA


Lisa has worked for Equiniti for 29 years. During this time

she has held various management positions and for the

past 15 years has been heading up a team dedicated to

the delivery of shareholder meetings. This specialist area

has seen increased focus and a lot of change over the

past few years including updates to the Companies Act,

Shareholders Rights Directive and Listing Rules. Lisa

personally manages a number of high profile

relationships and has dealt with numerous contentious

meetings, including requisitioned meetings/resolutions,

adjournments and ad-hoc procedural matters. In

partnership with Lumi, Lisa and her team were

instrumental in the delivery of the UKs first digital AGM

for luxury clothing accessories brand Jimmy Choo.

Peter Fowler, Managing Director, UK, Lumi

Pete has worked for Lumi for 13 years. Pete has

extensive experience of building successful,

collaborative, working relationships with Fortune 500 and

FTSE 100 organizations. A specialist in technology for the

AGM market sector with a track record of developing the

business area and breaking into new global markets. Pete

currently serves a Managing Director, Lumi UK where he

oversees Lumi’s growth in the UK and Swedish markets.

Click to edit Master title style

Click to edit Master title

style

Click to edit Master text styles

The Meeting Types

The advent of mobile presents three solutions;

● Hybrid Meetings

● Virtual Meetings

● In Room Mobile Meetings



style


The advantages

Hybrid MeetingsCombination of in room meeting and remote shareholder participation via webcast, using mobile and electronic handsets;

●Greater accessibility by opening up meeting to a larger and remote shareholder audience.● Target institutional investors who have large holdings but do not have time to attend meetings in

person.● Increase quality of the debate in Q&A sessions by allowing a broader demographic of attendees.

Virtual MeetingsPhysical meeting is reduced to Chairman, select board members – audio, webcast, dial in;

● Potential cost saving.● Remove the need for venue hire and catering.● No need for board to travel or take time out of schedule for stage rehearsals.

In room Mobile MeetingsElectronic polling at the physical meeting;

● Shareholders can bring their own device to the meeting (BYOD).● Use of modern technology.● Confidence in managing meeting change – procedural motions etc.



style


Trends

US: Typically virtual only; mainly due to geography, structure, law.Canada: A mix of hybrid and virtual.NL: The importance of the physical meeting remains, mobile in room, hybrid.Aus / UK: A mix of hybrid and virtual.Fr / Be / HK / Singapore: Significant interest



style


Global Adoption

• Source: Virtual Shareholder Meetings: Recent Facts and Figures – Broadridge 2017

• Latham & Watkins LLP – 2017 Proxy Season: Lessons Learned and Coming Attractions

USA 2017

250 Total Virtual & Hybrid Meeting

Pre 2016


USA 2016




style


INCREASE investor access to AGM/engagement

REDUCE carbon footprint

SAVE on travel time and costs

AmendedArticles Voting

App

Web casting(optional)

RequirementsKey drivers

Telephony Services

| Strictly Confidential | Equiniti plc 201710

ELECTRONIC AGM

http://www.google.co.uk/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwjc7-u8iq3PAhXJOBQKHRwNC7QQjRwIBw&url=http://www.iconsplace.com/white-icons/touchscreen-smartphone-icon&bvm=bv.133700528,d.ZGg&psig=AFQjCNEnK1riKoQkncVKHi6H5yiXPCcF6Q&ust=1474980978458050

http://www.google.co.uk/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwjc7-u8iq3PAhXJOBQKHRwNC7QQjRwIBw&url=http://www.iconsplace.com/white-icons/touchscreen-smartphone-icon&bvm=bv.133700528,d.ZGg&psig=AFQjCNEnK1riKoQkncVKHi6H5yiXPCcF6Q&ust=1474980978458050


ELECTRONIC AGM

The AGM app is

available in Android and iOS from the Google Play

Store™ Market or the Apple® App Store

Shareholders open the

‘AGM’ app or access it via the web. A

unique meeting ID will allow

them access.


ELECTRONIC AGM

To dial in to the meeting

To view the Half Year Results

Presentation

Within the ‘Messaging’

tab, a shareholder can submit

their question to the Chair of the meeting.


ELECTRONIC AGM

Resolution/Voting choices

appear when the Chairman

opens the poll.

Shareholders make their

voting selection.

Once a vote has been

selected, a confirmation message will appear

on the device screen.


Peter Harf, Chairman of Jimmy Choo PLC stated:

“We are very pleased with the outcome of this process, which achieved its aim of broadening shareholder access to our AGM in the most convenient way possible. This was in good part due to our registrars and their innovative approach to modernising the

traditional AGM.”



style


QUESTIONS?

The Future of AGMs

Sponsored by:

Wednesday 5th July

11:15am




The ICSA Annual Conference 2017

The Future of AGMs

Sponsored by:

Wednesday 5th July

11:15am




The ICSA Annual Conference 2017 The Future of AGMs...The ICSA Annual Conference 2017 The Future of...

Documents

Transcript of The ICSA Annual Conference 2017 The Future of AGMs...The ICSA Annual Conference 2017 The Future of...