Editing Openai/68df4a3a-428c-8013-a459-5cff8e17edde (section)

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* The shareholder personally attends the annual general meeting (AGM) or special meeting.
* They cast their votes themselves, either in person or sometimes electronically (if the company allows it).
* Pros: Full control; no reliance on others.
* Cons: Requires the shareholder to be physically (or virtually) present, which is often impractical for small or distant investors.

===== - Instead of attending, the shareholder authorizes another person (the proxy) to vote on their behalf. =====
* The proxy can be: - Another shareholder - A company representative - Or even a professional proxy service
* The authorization is usually done through a proxy form or card.
* Pros: Convenient; allows broad participation by shareholders who cannot attend meetings.
* Cons: Shareholders may not always carefully review the proxy statement, so management or large investors may dominate voting outcomes.