As a shareholder, I attend at least 2 AGMs annually.
During one of the AGMs I attended, one of the directors explained the nature of an extraordinary loss item due to the write-off of an intangible asset and the circumstances leading to the write-off. To me, his explanation helped shed some light.
I also believe that AGMs are important for the governance of a company as they provide a vital platform for shareholders to directly ask questions to the company’s management team.