Broadridge and Taiwan Depository & Clearing Achieve 100 Percent e-Voting for Shareholder Meetings

Broadridge Financial Solutions, Inc. and Taiwan Depository & Clearing Corporation (TDCC) announced that the Taiwan Stock Market has achieved 100 percent e-voting for shareholder meetings. This milestone brings with it increased transparency for annual general meetings for shareholders in Taiwan and enhanced corporate governance. Achieving 100 percent e-voting follows an August 2014 agreement between Broadridge and TDCC to establish direct links between Broadridge’s global proxy service and the Taiwan bourse’s then newly adopted electronic voting system, StockVote. This link brought the benefits of StockVote to foreign shareholders voting in Taiwan for global custodians and their institutional investor clients. Prior to this development, voting in Taiwan was handled primarily by local banks and often required locally registered shareholders to physically attend meetings, a stipulation that complicated participation by overseas shareholders.