Voting Process. No meeting of stockholders shall be conducted to transact business unless a majority of the outstanding and subscribed capital stock entitled to vote is represented, except to adjourn fromday to day or until such time as may be deemed proper. The Rules of Conduct, voting and vote tabulation procedures are explained during the ASM. Votes are cast and counted for each agenda item. The Office of the Corporate Secretary tabulates all votes received and the Bank’s auditor validates the results.
Voting Results. In support of greater transparency and improved shareholder involvement, Voting Results are shown below for each agenda item presented at the Annual Stockholders' Meeting on which the Company's stockholders cast their votes. Voting results are likewise disclosed on the various exchanges where BPI’s capital market issuances are traded as soon as possible after the meeting.