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Forum > What Is an AGM and Why Is It Important?
What Is an AGM and Why Is It Important?
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Aug 16, 2025
11:46 AM
An AGM (Annual General Meeting) is a mandatory yearly gathering of a company’s shareholders, members, or stakeholders. It provides a formal opportunity to review the organization's performance over the past year, make key decisions, and ensure transparency and accountability.

Why Is an AGM Important?

Financial Transparency
The company presents audited financial statements, helping shareholders understand the financial health of the organization.

Accountability
Directors and management are held accountable for their decisions and performance throughout the year.

Decision-Making
Shareholders vote on important matters such as dividend declarations, appointment or re-election of directors, and approval of auditors.

Regulatory Compliance
For many organizations—especially listed companies, SACCOs, and cooperatives—AGMs are legally required.

Stakeholder Engagement
AGMs provide a platform for shareholders to ask questions, raise concerns, and participate in shaping the future direction of the company.
AGM Solution for Virtual, Physical, and Hybrid Meetings


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