Given that more than 50% of voting shareholders supported this proposal, it is proposed that the company’s annual meetings be held in person, with virtual meetings as a complement to, but not replacing, in-person meetings. Given that in-person annual meetings are the only time of year when shareholders are able to meet and discuss corporate issues with members of the Board of Directors and senior management, it is of the utmost importance that this dialogue be preserved and encouraged, given the benefits it provides. Note that the CSA recently revised its guidelines to encourage issuers to hold annual meetings both virtually and in person,(1) that the Canadian Coalition for Good Governance advises against holding these meetings solely virtually, as this may have the effect of limiting the expression of the shareholder’s voice(2) and that one of the new criteria that will be used in the Globe and Mail’s “Board Games” to assess good corporate governance is to favour hybrid meetings, with no points awarded to companies that hold their meetings only in person or only virtually. Just as greater in-person employee presence is encouraged to stimulate discussion and team spirit, the importance of continuing to hold annual meetings in person should also be recognized, while providing the option of virtual meetings.