Valtuutuslista

Valtuutuslista, also known as a proxy list, is a document used in corporate governance to appoint individuals, known as proxies, to vote on behalf of shareholders at general meetings. It is a common practice in many countries, including those with a strong tradition of shareholder democracy, such as the United States and Canada.

The purpose of a valtuutuslista is to ensure that shareholders who are unable to attend the meeting can still exercise their voting rights. This can be due to various reasons, such as illness, travel, or other commitments. By appointing a proxy, shareholders can delegate their voting power to someone they trust, ensuring that their voice is heard in the decision-making process.

The valtuutuslista typically includes the name of the shareholder, the name of the proxy, and the specific instructions for how the proxy should vote. Shareholders can also specify whether they want their proxy to vote in accordance with their own preferences or to follow a specific voting guide or proxy advisory firm.

In some cases, companies may provide a blank valtuutuslista for shareholders to fill out and submit to the company's secretariat. This allows shareholders to appoint their own proxy and specify their voting instructions. In other cases, the company may provide a pre-printed valtuutuslista with the name of a recommended proxy.

The use of a valtuutuslista is governed by the company's articles of association and the relevant laws and regulations. It is important for shareholders to understand their rights and obligations when using a valtuutuslista and to seek legal advice if necessary.