Proxy Statement

A proxy statement is a document that is sent to shareholders of a company before an annual meeting. It contains information about the company's financial performance, its plans for the future, and the nominees for the board of directors. Shareholders can use the proxy statement to make informed decisions about how to vote their shares.

The proxy statement is an important document because it provides shareholders with the information they need to make informed voting decisions. Shareholders should read the proxy statement carefully and ask questions if they have any concerns.

The proxy statement is typically sent to shareholders a few weeks before the annual meeting. Shareholders can also access the proxy statement online through the company's website.

The proxy statement contains the following information:

* The company's financial performance for the past year
* The company's plans for the future
* The nominees for the board of directors
* The date, time, and location of the annual meeting
* Instructions on how to vote

Shareholders can use the information in the proxy statement to make informed decisions about how to vote their shares. They can vote for or against the nominees for the board of directors, and they can also vote on other proposals that are being considered at the annual meeting.

If a shareholder does not want to attend the annual meeting, they can vote by proxy. A proxy is a person who agrees to vote on behalf of a shareholder. Shareholders can appoint anyone they choose as their proxy, but they often appoint the chairman of the board or another member of the board of directors.

To vote by proxy, a shareholder must complete a proxy card and return it to the company before the annual meeting. The proxy card will contain instructions on how to complete it and return it.

Voting by proxy is a convenient way for shareholders to participate in the annual meeting without having to attend in person. However, shareholders should be aware that they are giving up their right to vote in person when they appoint a proxy.

Proxy statements are an important part of the annual meeting process. They provide shareholders with the information they need to make informed voting decisions. Shareholders should read the proxy statement carefully and ask questions if they have any concerns.