December 1, 2020

Annual Meeting – UPDATE

Last week all Class A (voting) members of MaxYield Cooperative were sent their NOTICE OF ANNUAL MEETING. As noted in the mailing, the in-person portion of the Annual Meeting will not be held and the financial report and director election will be conducted by mail.

For your reference, below is the letter that was sent to voting members. Please mail all ballots in the return envelope marked “BALLOT” to MaxYield’s corporate office.  We must receive your ballot by the close of business on December 8, 2020.

 

NOTICE OF ANNUAL MEETING

Dear MaxYield Cooperative Member:

Due to the COVID-19 pandemic, the in-person portion of MaxYield Cooperative’s Annual Meeting will not be held. Your cooperative’s July 31, 2020 financial report and the director election will be conducted by mail.

The following is included in this Notice of Annual Meeting packet:

  • Financial Statements. A condensed financial statement on the fiscal year of operation for MaxYield Cooperative, which concluded July 31, 2020, is enclosed. Detailed printed or electronic financial reports are available at any MaxYield location or by contacting Bridgett Southard or Doug Miller at our corporate office at 515-200-5115.
  • Official Board of Directors ballot. Also included are board candidate profiles and the ballot return envelope.
  • Minutes of last year’s annual meeting, included for your review and approval.

The stockholders are requested to:

  • Fill certain positions on the cooperative’s Board of Directors
  • Approve the minutes of last year’s board meeting

Enclosed is the official Ballot for purpose of the above. With respect to the positions on the Board of Directors, please mark one candidate for each of the open positions. To approve last year’s annual meeting minutes, please mark “YES.” Your ballot can be returned in the enclosed postage paid envelope.

Counting of the ballots will take place on Wednesday, December 9, 2020. A member of the nominating committee and/or a Class A (voting) member of MaxYield Cooperative will count the ballots. We must receive your ballot by the close of business on December 8, 2020.

Do not hesitate to contact your board of directors or nearest location with any questions regarding the annual meeting or the financial report of MaxYield Cooperative. Results from the director election will be posted to www.maxyieldcoop.com and www.fromthefield.com.

We appreciate your support of MaxYield Cooperative!

Cooperatively yours;

Howard Haas                                                                 Keith Heim
Board Chairman                                                            CEO

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