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The main purpose of annual meetings is to allow shareholders to elect the directors who are responsible for the oversight of the company and its strategic direction. In addition, shareholders may be asked to vote on matters proposed by management or by other shareholders.
A Board Meeting is a formal meeting of the board of directors of an organization and any invited guests, held at definite intervals and as needed to review performance, consider policy issues, address major problems and perform the legal business of the board.
An annual general meeting (AGM) is the yearly gathering of a company's interested shareholders. At an annual general meeting (AGM), directors of the company present the company's financial performance and shareholders vote on the issues at hand.
Corporations that don't consistently hold annual meetings may need to hold one without notice. The waiver of notice form is needed in order to document that all stockholders agree to the actions taken during the meeting, even though they may not have been present during it.
Typically, the shareholders' meeting agenda must include previous meeting minutes, annual financial performance, approval of directors' decisions during the year, and election of the board of directors for the upcoming year. Other matters are usually stated in an organization's bylaws.
A general meeting is a meeting of a company's shareholders. This is different to a board meeting, which is a meeting of the company's directors. General meetings are used to consider company matters and to make decisions (ie to vote on company resolutions) on these matters.