Workshop about the Shareholders’ Meetings Season Fosters the Dialogue among Companies, Investors and the Regulator

On June 22nd, Amec – the Association of Capital Market Investors – held “The 2016 Shareholders’ Meetings Season – Lessons Learned” workshop. The event offered a completely new experience: companies, investors and the Brazilian Securities and Exchange Commission (CVM) had the opportunity to address their difficulties and availabilities on an informal basis. “We noticed that some situations can be easily managed when the parties are able to share their expectations and needs with each other,” explains Amec CEO, Mauro Rodrigues da Cunha.
Pablo Renteria, CVM Director, closed the event with a very clear request: “As CVM is not present in the meetings, it’s important that both investors and companies continue to do what we have just done here, that is, to report what happens in shareholders’ meetings and the aspects that can be improved.”
In the first panel, investors who attended shareholders’ meetings in 2016 reported their experiences, main problems and potential solutions. Representatives of companies who participated in the event pointed out that interactions with their Investor Relations officers through the course of the year are welcomed and can avoid difficulties for the investors in the shareholders’ meetings.
In the second panel, some companies found out the hurdles foreigners face to vote through the distance voting process.
There was such a great interaction among the domestic capital market’s participants that even CVM Director, Pablo Renteria, answered to the questions made by the audience.
Check below the event’s participants, held on June 22nd:
THE 2016 SHAREHOLDERS’ MEETING SEASON – LESSONS LEARNED
1st Panel – THE INVESTORS’ VISION

  • Guilherme Vicente, Onyx (Coord.)
  • Cesar Mezomo, Victoire
  • Fernando Tendolini, SulAmérica
  • Octavio Magalhães, Guepardo
  • Renato Chaves, MESA

2nd Panel – FOREIGNERS, ADR’s AND DISTANCE VOTING

  • Tiago Rodrigues Lourenço, Aberdeen (Coord.)
  • Daniel Alves Ferreira, Mesquita Pereira
  • Maria Claudia Biolchini, BNY Mellon
  • Marina Gelman, Anima Educação

Closing Speech
Lessons Learned and the 2017 Shareholders’ Meetings Season – Instruction #561

  • Pablo Renteria, CVM Director