Article 10 › 2

Member States may limit the appointment of a proxy holder to a single meeting, or to such meetings as may be held during a specified period. Without prejudice to Article 13(5), Member States may limit the number of persons whom a shareholder may appoint as proxy holders in relation to any one general meeting. However, if a shareholder has shares of a company held in more than one securities account, such limitation shall not prevent the shareholder from appointing a separate proxy holder as regards shares held in each securities account in relation to any one general meeting. This does not affect rules prescribed by the applicable law that prohibit the casting of votes differently in respect of shares held by one and the same shareholder.

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Source: EUR-Lex CELLAR · retrieved 2026-08-27