Phone Statistics

Legislation continues to require that companies offering virtual or hybrid AGMs provide a phone line so shareholders can fully participate in the meeting, this includes the ability to ask questions both orally and in writing. While the regulatory framework remains unchanged, we continue to see variations in how issuers choose to enable this participation.

Across the AGMs delivered by MUFG Corporate Markets in 2025, 27% of issuers enabled shareholders to participate and ask questions via a dedicated phone line. However, when reviewing the technology choices more broadly, most clients showed a clear preference for the integrated webphone option within the virtual meeting platform, rather than offering a standalone phone number. This reflects a shift toward streamlined digital participation tools that reduce complexity for both issuers and shareholders.