Proxy Vote

A proxy vote is a voting method in which a person authorizes another individual to cast their vote on their behalf. This is often used when the voter is unable to attend a meeting or election due to various reasons such as being out of town, illness, or other commitments.

Examples of proxy voting include:

• Corporate Elections: Shareholders may appoint a proxy to vote on corporate matters, such as electing board members or approving mergers.
• Political Elections: In some jurisdictions, voters may designate a trusted individual to vote on their behalf if they cannot physically attend the polls.

Cases involving proxy votes can arise in situations like:

• Shareholder Meetings: A shareholder who cannot attend a meeting may submit a proxy form allowing another shareholder to vote for them.
• Local Elections: Voters may use proxy voting to ensure their preferences are represented even if they are unable to be present on election day.