Proxy Services

In today’s global investment marketplace, companies throughout the world use depositary receipts (DRs) to facilitate the purchase, holding and sale of equity securities by investors outside the issuers’ home market. As cross-border mergers and acquisitions occur, shareholder meetings and proxy voting become key communication activities between a company and its shareholders. Citi Depositary Receipts, as the sponsoring DR bank, will provide a full range of proxy services to best service our clients. Our teams of DR professionals operating locally around the globe employ best-industry practices to help maximize investor participation in the DR proxy process.

Click here or on the image to access the Guide to Proxy Services.

Proxymity

Proxymity is the world’s first digital end-to-end proxy voting platform. Developed by Citi Venture’s D10X program, Proxymity connects companies directly with their shareholders to streamline the overall proxy voting process for an issuer’s ordinary shares. The Proximity platform enables issuers and investors to connect in real time making the voting process more efficient, accurate and transparent. Real time transparency allows instant amendment of instructions and confirmation that votes have been recorded at the Annual General Meetings (AGM) and other corporate events. As a result, DR holders may also benefit from using Proxymity, as it may help increase the voting period.

Key Benefits of Proxymity for Voting Ordinary Shares

• Real time data transmission – meeting information, votes and vote confirmation.
• Helps achieve increased efficiencies and reduction in manual processing for intermediaries.
• Provides transparency of the underlying beneficial owner together with their voting decision.
• Removes inefficient communication methods.
• Reduces misinterpretation of meeting agenda / voting.
• Provides up to nine days extra time per meeting for investors to research and cast their vote.
• Provides visibility for issuers to key institutional investor votes up to 13 days prior to the meeting.
• No charge to sign up.
• May increase voting period for DR holders.

Availability of Proxymity

• Australia
• UK
• Other EU Member States to follow

To learn more about Proxymity, visit www.proxymity.io, or send an email to info@proxymity.io.