Lopez Holdings Corporation and its subsidiaries, namely: ABS-CBN Corporation, First Philippine Holdings, First Gen Corporation, Energy Development Corporation held their Annual Stockholders’ Meetings in 2020 and 2021 via ConveneAGM, their virtual ASM solution of choice. To comply with the current guidelines for virtual meetings, here is how the Lopez Group conducted their virtual ASMs:
Stockholder registration
To ensure everything complies with their disclosures to the SEC, the Lopez Group had the registration form on the platform customized to accommodate Individual, Corporate, Joint, and PCD Participant/Broker stockholders. For further verification, every registrant was required to upload a valid Government ID for the administrator’s review before they can proceed with their registration.
Voting in absentia and the Election of Directors
Once a stockholder’s registration is verified and accepted, the stockholder can now proceed to vote electronically via the voting in absentia platform, which is available up to a predetermined deadline. This platform also supported cumulative voting for the Election of Directors.
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