Aboitiz Power Corporation is one of the Philippines’ biggest utility companies, engaged in the generation, distribution, and retail of electricity. With sustainability and innovation at the core of its operations, Aboitiz Power sought to modernize its Annual Stockholders’ Meeting (ASM) to reflect the same efficiency and reliability by turning to ConveneAGM.
For its previous stockholders’ meetings, Aboitiz Power relied on multiple platforms. These platforms faced challenges managing their ASMs manually, from registration to the actual meetings. Without a centralized hub, organizers had troubles in ensuring that the ASMs ran smoothly.
Seamless Live Broadcast Experience
ConveneAGM allowed Aboitiz Power to livestream its Annual Stockholders Meeting, giving stockholders a convenient way to follow agenda discussions and board presentations. Convene ensured that the live event enhanced stockholder engagement, as participants could view proceedings from anywhere with its user-friendly interface.
Empowering Shareholders Through Voting in Absentia
One of the standout features for Aboitiz Power was Voting in Absentia, which enabled stockholders to securely cast their votes even when they are not physically present. Through ConveneAGM’s voting in absentia feature, votes were recorded accurately, eliminating the manual processes of the past. This feature ensured that all stockholders, whether attending remotely or in person, had equal participation in board decisions.
A Secure and Cost-Efficient Platform
ConveneAGM offered Aboitiz Power a secure, cloud-hosted platform purpose-built for stockholder meetings. With the system fully managed by Azeus, Aboitiz no longer needed to allocate internal manpower or IT infrastructure to maintain a platform that was only used occasionally. This not only reduced costs but also allowed them to meet corporate standards for security and data privacy through ConveneAGM.
The adoption of ConveneAGM transformed Aboitiz Power’s Annual Stockholders Meetings into a secure, efficient, and fully digital experience. What had once been a complex process became streamlined, reliable, and compliant with the highest governance standards. Discover how ConveneAGM can transform your shareholder meetings. Book your free demo now!