Publicly listed firms and other issuers of registered securities will no longer need to seek prior approval from the SEC to conduct early meetings.
Instead, companies must submit a written notice to the Commission at least 32 business days before the scheduled meeting, explaining the reason for the earlier date.
The change replaces the previous approval process with a simple notice requirement.
Companies must still disclose the early meeting through regulatory filings and publish the information on their websites and the Philippine Stock Exchange disclosure platform.
The SEC said the notice requirement ensures firms continue to meet deadlines for submitting and distributing shareholder information statements.
The move simplifies the process for companies seeking to move meetings earlier while maintaining disclosure and investor protection requirements.
—Edited by Miguel R. Camus
