What is a proxy vote?

A proxy vote is a method that allows an individual to appoint someone else to vote on their behalf in an election or at a meeting when they are unable to attend.

Proxy vote process

When an individual cannot participate in a voting process, they can delegate their voting rights to another person, known as the appointee. The appointee then casts the vote on behalf of the absentee voter.

Importance of proxy voting

Proxy voting is crucial in decision-making processes as it ensures that the voices of absent individuals are still heard and represented. It allows for a more inclusive voting process by enabling everyone to have a say, even if they cannot be physically present.

Proxy voting in meetings

In meetings, proxy voting enables shareholders or members to delegate their voting rights to someone else if they are unable to attend. This ensures that important decisions can still be made even if all stakeholders cannot be present.

Proxy voting system

The proxy voting system is designed to facilitate absentee voting and streamline the voting procedure. It provides a way for individuals to exercise their voting rights even when they are not able to be present physically.