Assuming there are enough voting shareholders to meet an AGM quorum, why does the Snap Board of Directors invite the non-voting Class A shareholders?  Seems like a token gesture and while the prospectus makes a big deal of the invitation it does not explain why the gesture is made.

A compelling case could be made that the best thing for non-voting SNAP shareholders would be to do away with the pretence of holding an AGM and distribute the AGM cost savings to Class A shareholders in the form of a dividend.