SEDP MBA HELD 2022 ANNUAL GENERAL MEMBERSHIP MEETING

The SEDP MBA held its 13th "Annual General Membership Meeting" on May 28, 2022 at the Sarte Hall El Palacio, 61 Sikatuna Street, Old Albay District, Legazpi City. It was attended by the SEDP MBA Board of Trustees, Management and Staff, SEDP Inc. top Management and selected members representing all member constituencies across the scope of SEDP's operations.

In connection with the Covid-19 Outbreak protocol, all participants that are physically present during the meeting are advised to wear facemasks and practice physical distancing since the safety and well-being of everyone, our employees and members, is our highest priority. Furthermore, the conduct of our Annual General Membership Meeting during the MGCQ period is a combination of virtual (via Zoom Video Conferencing) and physical attendance.

The Annual General Membership meeting was presided over by Rev. Fr. Rex Paul Arjona, Vice-Chairman.

The AGM provides a platform for the organization to be transparent about its operations, financial status, and plans. The members or shareholders can review the financial reports and ask questions about the organization's performance. This transparency builds trust and confidence in the organization and its leadership

Members can raise concerns or objections, ask for explanations, and vote on key decisions, including the appointment of directors and the approval of financial statements.

The AGM encourages members or shareholders to participate in the organization's decision-making process. Members can make proposals, vote on resolutions, and raise issues that are important to them. This participation strengthens the organization's democracy and ensures that it represents the interests of its members or shareholders.