Amec to hold special meeting about the 2017 general shareholders’ meetings season
Amec’s Technical Commission will be holding a special meeting about the 2017 general shareholders’ meetings season at its headquarters, in São Paulo, on February 15th. At the suggestion of its members, the meeting will include a broad debate in which investors leading voting campaigns will be able to address their claims, strategies and obstacles with a view to identifying synergies and ensuring more efficient processes for the exercising of their rights. The meeting will be open only for institutional investors that are members of Amec. However, given their importance in the capital of Brazilian companies, the BNDES (Brazilian National Bank for Social and Economic Development), Previ (Banco do Brasil pension fund) and Petros (Petrobras pension fund) were also invited to attend the meeting and have already confirmed their participation.
More specifically, the association is at its members’ disposal to make its networking with local and foreign members and non-members available, drive their interaction with proxy advisors and identify ways to help them.
“2017 is a very special year for the governance of our listed companies considering the advent of the distance voting process (CVM Instruction 561). With that in mind, many investors have been making arrangements to exercise their voting rights in the coming season of general shareholders’ meetings, based on the best stewardship principles that Amec seeks to disseminate,” explains Mauro Rodrigues da Cunha, Amec CEO.
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