Lumi Global webinar: Running a successful AGM under the new CIPC guidelines
This webinar explored the latest amendments to CIPC guidelines for electronic AGMs in South Africa, providing practical insights for Company Secretaries and Member Executives. Andrej Vladar (Managing Director, Lumi Global South Africa), Nazrana Hawa (Company Secretary, Coronation Fund Managers), and Lucinda Steenkamp (Senior Legal Advisor: Corporate Legal, CIPC) discussed how these changes impact AGM planning and execution, ensuring seamless compliance.
Key CIPC guidelines covered:
- Business items – AGMs must allow matters to be raised for consideration as part of the agenda.
- Participation – A mix of written, verbal, telephonic, and video questions must be supported to enable effective engagement.
- Agenda transparency – An agenda must be provided at the start, clearly outlining when shareholders can ask questions.
- Shareholder visibility – Participants should be able to see and identify who else is attending and interact freely without intermediaries.
- Board presence – All board and executive members must remain visible in real-time throughout the AGM, regardless of who is speaking.
Watch the recording for a comprehensive breakdown of these guidelines and best practices for successful implementation.