Proxy Statement

A proxy statement is a document that provides shareholders with information about the matters to be voted on at a shareholder meeting, as well as the procedures for voting by proxy. The statement typically includes a description of each proposal or resolution to be voted on, along with the board of directors’ recommendation and any supporting or opposing statements. It also includes information about the corporation’s board of directors, executive compensation, and other governance matters. The proxy statement is typically sent to shareholders along with the shareholder meeting notice and a proxy card or voting instructions. Shareholders who are unable to attend the meeting in person may use the proxy card to authorize another person, such as a member of the board or management, to vote on their behalf. The proxy statement is an important tool for ensuring that shareholders are informed and engaged in the governance of the corporation.