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DUBLIN - HSBC ETFs plc has announced that its Annual General Meeting (AGM) is scheduled to take place on Wednesday, July 23, 2025, at the offices of A&L Goodbody LLP in Dublin, Ireland. One of the key items on the agenda is the appointment of PricewaterhouseCoopers (PwC) as the company’s new auditors, following the mandatory rotation of audit firms.
The AGM will address the standard order of business, which includes reviewing the financial statements for the year ended December 31, 2024, as well as the reports from the Directors and Auditors. Shareholders will also be asked to authorize the directors to set the remuneration for PwC for the fiscal year ending December 31, 2025.
This change in auditors comes as KPMG Chartered Accountants’ term as the statutory auditors of HSBC ETFs plc comes to an end in 2025. A competitive tender process led to the selection of PwC to take over the role.
Shareholders are encouraged to vote at the AGM by appointing a proxy using the form provided with the notice. The form must be returned via email at least 48 hours before the meeting commences. As per the company’s notice, only registered shareholders are entitled to vote, and given the International Central Securities Depositary (ICSD) model of settlement used by the company, voting instructions should be submitted through the relevant ICSD or participant.
The notice also provides detailed instructions for appointing a proxy, including the need for individual shareholders to sign the proxy form and for corporate shareholders to either affix a common seal or have an authorized officer sign on their behalf.
HSBC ETFs plc has provided a comprehensive list of the share classes and ISINs for its various funds in Appendix I of the notice. This information is crucial for shareholders to accurately direct their votes in relation to specific funds and resolutions.
The upcoming AGM and the appointment of PwC reflect the company’s adherence to corporate governance practices and regulatory requirements for audit firm rotation. This information is based on a press release statement from HSBC ETFs plc.
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