The Liechtensteinische Landesbank (LLB) is introducing electronic voting for its shareholders. The system can be used before and during the general meeting.
Both during and in the run-up to the 24th LLB General Meeting, which will take place in Schaan on 4th May, shareholders will be able to vote on agenda items at the push of a button. LLB announced its new electronic voting system in a press release. Chairman of the board of the LLB Group Hans-Werner Gassner said: "This solution allows shareholders who are unable to attend the AGM to vote comfortably and easily. It also simplifies voting on site." He explained that the system would speed up the counting of the votes, reducing the strain of official tasks. Gassner added that he hoped many shareholders would attend the meeting in person, even with the opportunity to vote remotely.
In technical terms, voting will be carried out via an e-voting platform with an access code and password. This rules out inference by third parties. The platform will be operated by Segetis AG of Lucerne. According to the press release, shareholders may revoke or change votes online until 11pm on 2nd May 2016. Also possible are personal attendance at short notice, participation of a representative and the opportunity to give LLB power of attorney. The existing procedure for the general meeting is unaffected by the innovation.