A Proxy Statement is a document that publicly traded companies must provide to their shareholders before an annual meeting. It contains important information about the company's management, financial performance, and any proposals that shareholders will vote on, such as the election of board members or changes in corporate policies. The purpose of the Proxy Statement is to inform shareholders about key issues and to solicit their votes on these matters. It helps ensure transparency and allows investors to make informed decisions regarding their investments in the company, such as corporate governance and shareholder rights.