MasterCard Has Made Change In The Format Of 2020 Annual Meeting Of Stockholders

Since the arrival of COVID-19, everything has been changing and MasterCard is not far behind in this trend. MasterCard which is an American multinational financial service corporation announced on 15^th May 2020 that the 2020 annual meeting of stockholders has been changed to a virtual meeting.

Considering the present situation where people are preferring digital transaction to maintain social distancing, MasterCard has taken this step.

The meeting will continue to be held on 16^th June 2020 and it will begin at 8:30 a.m. Eastern time. As described in the previously distributed proxy materials. Holders of record of MasterCard’s Class a Common Stock as of the close of business on April 20, 2020 will be entitled to participate in the annual meeting.

Well, stakeholders have to visit this link to get access to the meeting.

In addition to this, the participation in the meeting completely depends upon the stockholders. But, MasterCard announced that stockholders have to submit their votes in advance of the meeting by using one of the methods described in the proxy materials.

Admission and Guidelines Of The Annual Meeting

Stockholders have to submit their 16 digit voting control number in order to participate in the virtual meeting with the ability to ask questions and vote. This voting control number can be found on the voting instruction form, Notice of Internet Availability, proxy materials or email. Stakeholders without a control number may attend the meeting as a guest. However, in such a case, they will not have the ability to ask questions and vote their shares.

Stakeholders can submit their questions in advance of the meeting at ProxyVote.com

Stockholders are also allowed to log into http://www.virtualshareholdermeeting.com/MA2020 and check-in to the webcast up to 15 minutes before the meeting’s start time.

According to the MasterCard. “All participants in the virtual annual meeting should reference the meeting rules of conduct, including guidelines for submitting questions. These rules will be posted prior to the meeting to the “Investor Relations” section of MasterCard’s website at https://investor.mastercard.com”.

About MasterCard Incorporated

If we talk about the payments industry, MasterCard is considered as a global technology company. Their foremost mission is to connect as well as power a digital and inclusive economy through which everyone can get benefits by making transactions in a safe, smart and simple way. Using secure data and networks, partnerships and passion, MasterCard helps individuals, financial institutions, governments and businesses realize their greatest potential.