AGM tips for board members

AS A board member, a key highlight of the year is the annual general meeting (AGM).

Board members have a fiduciary duty to shareholders, and the session allows them to communicate the company's strategy, performance and state of business - an opportunity to instill in shareholders confidence in the company's leadership.

AGM proceedings are not always straightforward; regardless of your role on the board, you can be singled out by a shareholder to address a question.

With ample preparation, the AGM session can be beneficial for the business, and meaningful for both the shareholders and the board.

What are the facts and figures?

Knowing your facts and numbers cannot be over-emphasised.

Presentation of the business performance by the CFO is a must at every AGM to help shareholders to understand an often voluminous annual report by focusing on the key indicators of the business…