Why AGMs Matter
AGMs are a legal obligation for most companies, but they also serve a strategic purpose. They allow you to:
- Present financial performance and future plans
- Engage shareholders and answer questions
- Reinforce your organisation’s credibility and governance standards
Step 1: Define Objectives and Agenda
Start by clarifying the purpose of your AGM. Beyond compliance, what do you want to achieve? Common objectives include:
- Sharing company performance and strategy
- Electing board members
- Approving key resolutions
Draft a clear agenda and circulate it early so stakeholders know what to expect.
Step 2: Choose the Right Format
Decide whether your AGM will be:
- In-person for traditional engagement
- Virtual for convenience and cost-efficiency
- Hybrid to combine both and maximise attendance
Hybrid AGMs are increasingly popular as they offer flexibility and inclusivity.
Step 3: Secure the Venue and Technology
If hosting in person, choose a venue that reflects your brand and accommodates your expected attendance. For virtual or hybrid AGMs, invest in reliable streaming technology and interactive tools for voting and Q&A.
Pro Tip: Test all AV equipment and internet connections well before the event.
Step 4: Prepare Documentation and Compliance Requirements
Ensure all statutory documents are ready and distributed within the required notice period. This typically includes:
- Financial statements
- Director and auditor reports
- Proxy forms and voting instructions
Check your local regulations for specific timelines and requirements.
Step 5: Engage Stakeholders Before and During the AGM
Build anticipation and encourage participation by:
- Sending reminders and easy-to-follow joining instructions
- Providing clear guidance on how to vote or submit questions
- Using live polls and moderated Q&A during the meeting
Step 6: Plan for Accessibility and Inclusivity
Make sure your AGM is accessible to all stakeholders:
- Offer closed captions for virtual attendees
- Provide translations if required
- Ensure the venue is physically accessible
Step 7: Post-AGM Follow-Up
After the meeting:
- Share a summary of key decisions and outcomes
- Provide access to the recording for those who could not attend
- Gather feedback to improve future AGMs