It is a meeting, usually annual, of all shareholders of a corporation (although in large corporations only a small percentage attend) to elect the Board of Directors and hear reports on the company's business situation. In larger corporations top management people hold the proxies signed over to them by many of the shareholder's to vote for them. Meetings are sometimes held around conference tables. ... Annual, from the Latin annuum, or year means pertaining to a year or happening every year. ... A shareholder or stockholder is an individual or company (including a corporation), that legally owns one or more shares of stock in a joint stock company. ... A corporation (usually known in the United Kingdom and Ireland as a company) is a legal entity (distinct from a natural person) that often has similar rights in law to those of a Civil law systems may refer to corporations as moral persons; they may also go by the name... A proxy server is a computer network service which allows clients to make indirect network connections to other network services. ...