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TDCC Adroitly Deploys Multiple Channels, Encouraging Shareholders to Adopt E-Voting

2022/06/13

“Ding-a-ling, those who are knowledgeable can attend shareholder meetings without going out.” This is the commercial in the convenience store FamilyMart, reminding shareholders to vote electronically. Tens of thousands of people shop at convenience stores daily, and those who are also shareholders can use the efficient e-voting to attend shareholder meetings.

During the pandemic, the number of daily domestic confirmed cases is still at its peak, and the busy season of shareholder meetings, the second half of June, is around the corner. The FSC has held several press conferences and issued press releases, encouraging shareholders to exercise their voting power through e-voting. In addition, TDCC, the corporation in charge of e-voting platform affairs, also appeals to shareholders to exercise their motion voting rights by voting electronically. E-voting is the most efficient channel for shareholder meeting attendance without limitations of time and space. Furthermore, as the pandemic rages, this way of exercising voting rights is effective in achieving disease prevention.

In compliance with the FSC’s corporate governance policy, TDCC started constructing the e-voting platform in 2009 for TWSE-listed (TPEX-listed ) companies and emerging stock companies to hold shareholder meetings. The company is also responsible for promoting the platform. In addition to producing videos and issuing promotional publications and press releases, TDCC has adopted plenty of digitalized and practical promotion strategies in recent years, such as increasing commercials online to better reach the media that younger generations use. Besides, in convenience stores, which are prevalent in citizens’ daily lives, TDCC launched audio commercials this year, reminding many investors of their electronic votes when purchasing. This approach has been effective in promoting e-voting.

According to TDCC Senior Vice President of Issuer Services, Zhen-Zhen Huang, the high season of shareholder meetings will come during the second half of June, which is the most intensive period. To exercise shareholder activism and meet disease prevention requirements, TDCC will still comply with the FSC’s instructions, using digitalized and practical ways to promote e-voting at shareholder meetings. By 2021, the ratio of e-voting to attendance shares had reached 62.7% in TWSE-listed (TPEX-listed ) companies and emerging stock companies. It is evident that e-voting has become the primary channel for shareholders to attend meetings, and they can conduct e-voting with ease through devices such as computers and mobile phones.

e-voting