What must be included in the notice of directors?

The notice of directors must include the name, address, and occupation of each director because this information is essential for transparency and accountability within the corporation. It helps shareholders and other stakeholders to identify the individuals who are making decisions on behalf of the corporation. Additionally, disclosing this information allows for better corporate governance, as it provides insight into the background and qualifications of the directors, which can impact the trust and confidence that shareholders have in the management of the corporation.

Including names and addresses ensures that stakeholders know how to contact directors if needed. The occupation of each director also gives insight into their expertise and suitability for their role, which can inform shareholders about the diversity and skills present on the board.

In terms of the other options, while knowing the number of shares owned by each director can be important for understanding potential conflicts of interest, it is not a mandatory inclusion in the notice. Corporate financial statements are critical for shareholders but are provided through other reports rather than the notice of directors. Likewise, details of shareholder meetings are governed by separate regulations and notifications, not commonly included in the notice of directors.