2018 Annual Proxy Guide

©2018 Mediant Communications Inc. Proprietary & Confidential Information. All Rights Reserved. 28 2018 Proxy Guide Glossary of Terms Proxy Ballot – A ballot is the form used to vote at a stockholder meeting. A stockholder who has voted by proxy but attends the meeting and wishes to change that vote is given a ballot. Also, people appointed to be proxy fill out a ballot at the meeting to cast votes for the stockholders who submitted valid proxies. This is referred to as a Master Ballot. Proxy Card – The proxy card allows stockholders to participate in voting at a meeting whether or not they attend. By filling out the proxy card, signing, dating and returning the card, stockholders can instruct management to vote their shares in accordance with their wishes as indicated on the proxy card. Proxy Solicitor – A company or specialist hired to gather proxy votes. Proxy Statement – A proxy statement is a statement required of a firm when soliciting shareholder votes. This statement is filed in advance of the annual meeting. The company needs to file a proxy statement (Form DEF 14A) with the SEC. Proxy Voting – The process by which an owner of a security provides authority or power for a person to act on his or her behalf in voting corporate shares of stock. Quorum – The minimum number of shareholders who must be present or represented by proxy at an Annual or Special Meeting in order to transact business at the meeting. Record Date – The date established by a public company for the purpose of identifying the shareholders who are entitled to vote at a shareholder meeting. Registered Shareholder – A registered shareholder is in possession of a stock certificate in their name and receives dividend checks directly from the issuing company. Shareholder of Record – The legal owner of a share of stock, but who may not be the person or institution who actually derives the benefit of the share. (See also Beneficial Owner)