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A proxy is a legal instrument that allows a shareholder to appoint another person (known as the proxyholder) to attend and act on their behalf at a meeting of shareholders.

Generally, the only prerequisite to submitting a proposal is that the proposer be entitled to vote at shareholders' meetings. A public corporation must include a properly submitted proposal in its management circular and submit it for a vote at the meeting.

Broker Vote For certain routine matters to be voted upon at shareholder meetings, if you don't vote by proxy or at the meeting in person, brokers may vote on your behalf at their discretion. These votes may also be called uninstructed or discretionary broker votes.

Proxy voting is an important part of our democratic process that enables people to state their opinion efficiently and safely. Creating a safe, accessible, and private voting environment, whether online or in a polling station, is key to ensuring that democracy is preserved.

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