The reality is that far too many members fail to block their diary for the annual general meeting (AGM). For most members, the AGM is that annual obligation, in a stuffy little room, with lukewarm vending machine coffee. And that’s a shame, because the AGM is an important moment for your organization or association. Year after year. And that’s why you want to reach as many people within your organization as possible. 

An online or hybrid AGM can change all that! An online AGM or shareholder meeting is extremely easy to follow, from your desk, your car or your (holiday) home. At Valo we see time and again in practice that this consistently results in higher attendance.

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Panel discussion during the AGM of BMK, the trade association for childcare.

What is an online AGM?

An online AGM is essentially a recurring online event at which board members can put important matters to their members for discussion and, where relevant, a vote. Where members were previously accustomed to meeting in person, it is now legally possible to hold the AGM partly or fully online within a secure meeting platform with voting functionality. There are three formats.

The first format is where the board meets in person for the meeting while members can watch, chat and vote from their own location via a secured online environment.

The second format is where the board dials in via video connection from home or the office and members can also watch, chat and vote from home. In this case nobody meets in person, everything happens online, yet the meeting takes place in full.

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The third format is hybrid. The meeting takes place in person at a venue as usual, with members able to attend physically, join the discussion and vote. But members can also participate digitally from home and cast their vote. A hybrid AGM therefore gives members the freedom to choose whether or not to attend in person.

Why hold an online AGM?

A professional AGM livestream shows that your organization takes innovation seriously, that your company leads the way when it comes to modern communication. And time and again in practice it proves true: an online AGM drives higher participation than the traditional in-person format. The reason is simple: the low barrier to joining.

And if, despite that low barrier, some members still missed your online AGM? Or if your organization wants to update interested non-members or the press on what was discussed and decided at your annual meeting? Within 12 hours, the key moments of your online AGM can be live on YouTube or your organization’s social channels, as engaging, short, snackable on-demand content. 

How does an AGM livestream work?

Essential when organizing an online AGM is being able to generate plenty of interaction with participants in a simple way. With user-friendly chat functions, participants in your virtual AGM can respond easily and in real time, leading to lively online conversations and illuminating discussions. 

A professional voting tool lets participants vote on agenda items from home in real time. The tool is well secured and you can set precisely who is and isn’t eligible to vote on each agenda item in advance. The result is available immediately after the vote. Always 100% error-free. Guaranteed. 

Benefits of an online AGM

  • Low barrier to participation leads to higher attendance

  • Greater reach among members as well as greater engagement

  • No costs for venue hire, parking or catering

  • Speed, thanks to the voting tool, results are available immediately

  • The greener choice, fewer cars on the road means lower emissions

Valo approaches your AGM as an online TV format and takes care of a streamlined program. An experienced chair, a secured registration system or a legal voting platform for live votes on agenda items. Anything is possible.

A hybrid AGM

Does part of your membership still want to meet in person? Then you can opt for a hybrid AGM, a livestreamed AGM from a venue, with invited guests present on location.

Want to know what’s involved in organizing an online AGM, or what the options are for a hybrid event? We’d love to walk you through the possibilities! Fill in the contact form or give us a call on 085 004 3522.

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