Proxy Votes at AGMs

**patoc** · 04-10-2010, 02:03 PM

Raymundo

The example proxy form you provide states that you should provide proof of identity (DNI) for both the Owner and Voter - is this compulsory ? Would a passport Id./NIE do instead ?

Second - I assume that a proxy vote can only be valid for one, nominated Meeting on a specific date. Please confirm that you cannot have a "blanket" proxy vote - for example; I authorise XXXX to vote for me for ALL AGMs ....

Third - within an overall proxy vote our AGM wishes to provide the facility to provide individual votes for each Agenda proposal, to enable different votes for different things ? Is this permissable ?

Regards
Pat O'Connell

**Lawbird Lawyer** · 04-12-2010, 11:46 AM

Originally Posted by patoc

Raymundo

The example proxy form you provide states that you should provide proof of identity (DNI) for both the Owner and Voter - is this compulsory ? Would a passport Id./NIE do instead ?

Second - I assume that a proxy vote can only be valid for one, nominated Meeting on a specific date. Please confirm that you cannot have a "blanket" proxy vote - for example; I authorise XXXX to vote for me for ALL AGMs ....

Third - within an overall proxy vote our AGM wishes to provide the facility to provide individual votes for each Agenda proposal, to enable different votes for different things ? Is this permissable ?

Regards
Pat O'Connell

Hi Pat,

No, the DNI included in my template is applicable only for Spanish citizens. A passport would suffice when it comes to a foreigner. The NIE number is really used to file and pay taxes in Spain, not as a valid form of Id. A NIE number means you are registered to pay taxes in Spain (it doesn't imply your are fiscal resident, of course).

In truth it should be for a specific AGM/EGM yes, not a blank cheque for all the following owner's meetings.

I don't quite undertsand your third query. Can you please elaborate more.

Yours faithfully,
Raymundo LarraÃ*n Nesbitt

**patoc** · 04-12-2010, 01:20 PM

Raymundo

Thanks for your reply. My third point is this. Let's say we have a forthcoming AGM agenda with 5 different proposals on it. Giving someone your proxy vote means that he/she will vote on all 5 proposals as he/she decides. Can you give someone your proxy vote and be more specific on each Agenda item, and state for example that I wish my proxy vote to be "yes" on Proposals 2,3,4, and "No" on proposals 1 and 5 ?

Patrick O'Connell

**Lawbird Lawyer** · 04-12-2010, 01:22 PM

Hi Patrick,

Understood. Yes of course, it's normal.

Owners should always be sent in advance the proposed agenda. They can vest power on someone to act as a proxy who will then vote in strict accordance with his mandate.

Yours faithfully,