An award ceremony is an event where people are recognized and given prizes for their achievements or contributions in a specific field. Full definition
The figure looks like a trophy or a statue that somebody receives at award ceremonies. (indabaa.com)
This was evident during the first annual awards ceremony in the afternoon which saw staff from all 11 academy sites being recognised for their tremendous hard work and effort. (qaeducation.co.uk)
And the pair looked stylish as expected for the most exclusive awards ceremony on the planet. (independent.ie)