Voting - April 2021 - Schroders

Voting April 2021

Schroders is required to publish records of voting in order to achieve compliance with the UK Stewardship Code. According, voting in accordance with our house policy is set out on the following pages.

Vote Summary Report

Reporting Period: 04/01/2021 to 04/30/2021

Beiersdorf AG Meeting Date: 04/01/2021 Country: Germany

Meeting Type: Annual Ticker: BEI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Allocation of Income and Dividends of EUR 0.70 per Share

2

For For Approve Discharge of Management Board for Fiscal Year 2020

3

For For Approve Discharge of Supervisory Board for Fiscal Year 2020

4

For For Ratify Ernst & Young GmbH as Auditors for Fiscal Year 2021

5

For For Approve Remuneration Policy 6

For For Approve Remuneration of Supervisory Board 7

Changchun High & New Technology Industries (Group), Inc. Meeting Date: 04/01/2021 Country: China

Meeting Type: Annual Ticker: 000661

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Report of the Board of Directors For For

For For Approve Report of the Board of Supervisors 2

For For Approve Annual Report and Summary 3

For For Approve Financial Statements 4

For For Approve Profit Distribution 5

For For Approve to Appoint Auditor 6

For For Approve to Appoint Internal Control Auditor 7

Ciena Corporation Meeting Date: 04/01/2021 Country: USA

Meeting Type: Annual Ticker: CIEN

Vote Summary Report


Ciena Corporation

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Hassan M. Ahmed For For

For For Elect Director Bruce L. Claflin 1b

For For Elect Director T. Michael Nevens 1c

For For Elect Director Patrick T. Gallagher 1d

For For Amend Qualified Employee Stock Purchase Plan 2

Against For Ratify PricewaterhouseCoopers LLP as Auditors 3

For For Advisory Vote to Ratify Named Executive Officers' Compensation

4

Deutsche Telekom AG Meeting Date: 04/01/2021 Country: Germany

Meeting Type: Annual Ticker: DTE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Allocation of Income and Dividends of EUR 0.60 per Share

For For


3


4

For For Ratify PricewaterhouseCoopers GmbH as Auditors for Fiscal Year 2021

5.1

For For Ratify PricewaterhouseCoopers GmbH as Auditors for the 2021 Interim Financial Statements

5.2

For For Ratify PricewaterhouseCoopers GmbH as Auditors for the First Quarter of Fiscal Year 2021

5.3

For For Ratify PricewaterhouseCoopers GmbH as Auditors for the Third Quarter of Fiscal Year 2021 and First Quarter of Fiscal Year 2022

5.4

For For Elect Helga Jung to the Supervisory Board 6

Vote Summary Report


Deutsche Telekom AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Authorize Share Repurchase Program and Reissuance or Cancellation of Repurchased Shares

7

For For Authorize Use of Financial Derivatives when Repurchasing Shares

8

Against For Approve Remuneration Policy 9

Voter Rationale: Large discretionary element.


For Against Amend Articles Re: Shareholders' Right to Participation during the Virtual Meeting

11

Voter Rationale: Increased shareholder rights.

ECN Capital Corp. Meeting Date: 04/01/2021 Country: Canada

Meeting Type: Annual Ticker: ECN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director William W. Lovatt For For

For For Elect Director Steven K. Hudson 1.2

For For Elect Director Paul Stoyan 1.3

For For Elect Director Pierre Lortie 1.4

For For Elect Director David Morris 1.5

For For Elect Director Carol E. Goldman 1.6

For For Elect Director Karen Martin 1.7

For For Approve Ernst & Young LLP as Auditors and Authorize Board to Fix Their Remuneration

2

For For Advisory Vote on Executive Compensation Approach

3

Forbo Holding AG Meeting Date: 04/01/2021 Country: Switzerland

Meeting Type: Annual Ticker: FORN

Vote Summary Report


Forbo Holding AG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports

For For

For For Approve Discharge of Board and Senior Management

2

For For Approve Allocation of Income and Dividends of CHF 20.00 per Share

3

For For Approve Remuneration Report 4.1

For For Approve Remuneration of Directors in the Amount of CHF 4.6 Million

4.2

For For Approve Fixed Remuneration of Executive Committee in the Amount of CHF 2.5 Million

4.3

For For Approve Short-Term Variable Remuneration of Executive Committee in the Amount of CHF 150,000

4.4

For For Approve Long-Term Remuneration of Executive Committee in the Amount of CHF 500,000

4.5

For For Reelect This Schneider as Director and Board Chairman

5.1

Against For Reelect Peter Altorfer as Director 5.2

Voter Rationale: Lack of independence on the board.

Against For Reelect Michael Pieper as Director 5.3


For For Reelect Claudia Coninx-Kaczynski as Director 5.4

For For Reelect Reto Mueller as Director 5.5

Against For Reelect Vincent Studer as Director 5.6


Against For Reappoint Peter Altorfer as Member of the Compensation Committee

6.1


For For Reappoint Claudia Coninx-Kaczynski as Member of the Compensation Committee

6.2

Against For Reappoint Michael Pieper as Member of the Compensation Committee

6.3


For For Ratify KPMG AG as Auditors 7

For For Designate Rene Peyer as Independent Proxy 8

Vote Summary Report


Forbo Holding AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Transact Other Business (Voting) 9

Voter Rationale: Other business not disclosed.

Forbo Holding AG Meeting Date: 04/01/2021 Country: Switzerland

Meeting Type: Annual Ticker: FORN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Share Re-registration Consent For For

Ma San Group Corporation Meeting Date: 04/01/2021 Country: Vietnam

Meeting Type: Annual Ticker: MSN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Report of Board of Directors for Financial Year 2020

For For

For For Approve Report of Supervisory Board for Financial Year 2020

2

For For Approve Audited Financial Statements of Financial Year 2020

3

For For Approve Business Targets of Financial Year 2021 4

For For Approve Dividend of Financial Year 2020 5

For For Approve Interim Dividend of Financial Year 2021 6

For For Approve Auditors 7

For For Change Corporate Governance Structure 8

For For Dismiss Supervisory Board as a Result of Change in Corporate Governance Structure

9

For For Adopt New Articles of Association 10

For For Approve Corporate Governance Regulations 11

Vote Summary Report


Ma San Group Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Working Regulations of Board of Directors

12

Against For Approve Size of Board of Directors and Approve Election of Additional 1 Director

13

Voter Rationale: Lack of information.

Against For Elect Director 14


For For Approve Nil Remuneration of Board of Directors and Supervisory Board and Approve Operating Budget for Board of Directors and Supervisory Board for Financial Year 2021

15

Against For Approve Employee Stock Option Plan and Issuance of Shares under the Plan

16

Voter Rationale: The plan permits stock options to be issued with an exercise price at a discount to the current market price.

Against For Approve Related-Party Transactions 17

Voter Rationale: Te company may be taking on disproportionate risk.

Against For Authorize Board of Directors Power to Approve Various Investment Transactions and to Delegate Power to Executives to Decide on Various Investment Transactions under Shareholder Meeting Power

18


Against For Approve Private Placement of Shares and Use of Proceeds

19

Voter Rationale: Excessive discount to current market price.

For For Authorize Board of Directors and Executive Board to Execute Approved Resolutions

20

Against For Other Business 21


Mohawk Group Holdings, Inc. Meeting Date: 04/01/2021 Country: USA

Meeting Type: Special Ticker: MWK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Issuance of Shares for a Private Placement Pursuant to the Senior Secured Note Due 2022

For For

Vote Summary Report


Mohawk Group Holdings, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Issuance of Shares for a Private Placement Pursuant to the Senior Secured Note Due 2023

2

For For Approve Issuance of Shares for a Private Placement Pursuant to the Warrant to Purchase Common Stock Dated February 2, 2021

3

For For Approve Issuance of Shares for a Private Placement

4

For For Approve Issuance of Shares for a Private Placement Pursuant to the Warrant to Purchase Common Stock Dated February 9, 2021

5

For For Approve Issuance of Shares for a Private Placement

6

Against For Approve Issuance of Shares for a Private Placement

7

Voter Rationale: Lack of disclosure.

For For Adjourn Meeting 8

OZ Minerals Ltd. Meeting Date: 04/01/2021 Country: Australia

Meeting Type: Annual Ticker: OZL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Elect Peter Wasow as Director For For

For For Approve Remuneration Report 3

For For Approve Long Term Incentive Grant of Performance Rights to Andrew Cole

4

For For Approve Short Term Incentive Grant of Performance Rights to Andrew Cole

5

Schweiter Technologies AG Meeting Date: 04/01/2021 Country: Switzerland

Meeting Type: Annual Ticker: SWTQ

Vote Summary Report


Schweiter Technologies AG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Against For Approve Remuneration Report (Non-Binding) 4

Voter Rationale: Limited disclosure around the short term bonus targets and payouts.


5

For For Approve Allocation of Income and Dividends of CHF 40 per Share

6

For For Reelect Heinz Baumgartner as Director 7.1.1

For For Reelect Vanessa Frey as Director 7.1.2

For For Reelect Jacques Sanche as Director 7.1.3

For For Reelect Lars van der Haegen as Director 7.1.4

For For Reelect Beat Siegrist as Director and Board Chairman

7.1.5

For For Elect Daniel Bossard as Director 7.2.1

For For Elect Stephan Widrig as Director 7.2.2

For For Reappoint Jacques Sanche as Member of the Compensation Committee

7.3.1

Against For Reappoint Vanessa Frey as Member of the Compensation Committee

7.3.2

Voter Rationale: Lack of independence on a key committee.

Against For Reappoint Beat Siegrist as Member of the Compensation Committee

7.3.3


For For Designate Proxy Voting Services GmbH as Independent Proxy

7.4

For For Ratify KPMG AG as Auditors 7.5


8.1

For For Approve Remuneration of Executive Committee in the Amount of CHF 4 Million

8.2



Vote Summary Report


St. Modwen Properties Plc Meeting Date: 04/01/2021 Country: United Kingdom

Meeting Type: Annual Ticker: SMP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Approve Final Dividend 3

For For Re-elect Ian Bull as Director 4

For For Re-elect Simon Clarke as Director 5

For For Re-elect Danuta Gray as Director 6

For For Re-elect Jenefer Greenwood as Director 7

For For Re-elect Jamie Hopkins as Director 8

For For Re-elect Rob Hudson as Director 9

For For Re-elect Sarah Whitney as Director 10

For For Elect Dame Alison Nimmo as Director 11

For For Elect Sarwjit Sambhi as Director 12

For For Reappoint KPMG LLP as Auditors 13

For For Authorise the Audit Committee to Fix Remuneration of Auditors

14

For For Authorise Issue of Equity 15

For For Authorise Issue of Equity without Pre-emptive Rights

16

For For Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Other Capital Investment

17

For For Authorise Market Purchase of Ordinary Shares 18

For For Authorise the Company to Call General Meeting with Two Weeks' Notice

19

The Toronto-Dominion Bank Meeting Date: 04/01/2021 Country: Canada

Meeting Type: Annual Ticker: TD

Vote Summary Report


The Toronto-Dominion Bank

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Amy W. Brinkley For For

For For Elect Director Brian C. Ferguson 1.2

For For Elect Director Colleen A. Goggins 1.3

For For Elect Director Jean-Rene Halde 1.4

For For Elect Director David E. Kepler 1.5

For For Elect Director Brian M. Levitt 1.6

For For Elect Director Alan N. MacGibbon 1.7

For For Elect Director Karen E. Maidment 1.8

For For Elect Director Bharat B. Masrani 1.9

For For Elect Director Irene R. Miller 1.10

For For Elect Director Nadir H. Mohamed 1.11

For For Elect Director Claude Mongeau 1.12

For For Elect Director Joe Natale 1.13

For For Elect Director S. Jane Rowe 1.14


2


3

For Against SP 1: Produce a Report on Loans Made by the Bank in Support of the Circular Economy

4

Voter Rationale: The company is being asked to produce a report on loans made by the bank in support of the circular economy. We support this resolution on the grounds that we welcome greater transparency on lending to various sustainable projects, including the circular economy.

For Against SP 2: Adopt a Diversity Target Higher than 40% for the Composition of the Board of Directors for the Next Five Years

5

Voter Rationale: The company is being asked to set a target of 40% representation of both sexes on its board for the next five years. We commend the company for the progress is has made to date, and are keen to see its progress continue given many of the bank's peers exceed this target already. We therefore support this resolution. Please note that we believe there would be sufficient flexibility for the company to appoint candidates with a suitable skill set as we are asking the company to adopt a target rather than a strict quota.

Winning Health Technology Group Co. Ltd. Meeting Date: 04/01/2021 Country: China

Meeting Type: Special Ticker: 300253

Vote Summary Report


Winning Health Technology Group Co. Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Draft and Summary of Performance Shares Incentive Plan

For For

For For Approve Methods to Assess the Performance of Plan Participants

2

For For Approve Authorization of the Board to Handle All Related Matters

3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Draft and Summary of Performance Shares Incentive Plan

1


2


3

Xinjiang Tianshan Cement Co., Ltd. Meeting Date: 04/01/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Company's Eligibility for Acquisition by Cash and Issuance of Shares as well as Raising Supporting Funds

For For

For For Approve the Plan for Acquisition by Cash and Issuance of Shares as well as Raising Supporting Funds Constitute as Related-Party Transaction

2

For For Approve Target Assets 3.1

For For Approve Pricing Basis and Transaction Price 3.2

For For Approve Consideration Payment Method 3.3

For For Approve Transaction Parties 3.4

For For Approve Issue Type and Par Value 3.5

Vote Summary Report


Xinjiang Tianshan Cement Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Issue Manner and Subscription Method 3.6

For For Approve Pricing Reference Date and Issue Price 3.7

For For Approve Adjustment Mechanism of Pricing 3.8

For For Approve Pricing Amount, Consideration Payment and Issue Amount

3.9

For For Approve Lock-Up Period Arrangement 3.10

For For Approve Arrangement of Profit and Loss During the Transition Period

3.11

For For Approve Distribution Arrangement of Undistributed Earnings

3.12

For For Approve Liability for Breach of the Transfer of the Underlying Asset Ownership

3.13

For For Approve Listing Exchange 3.14

For For Approve Compensation for Asset Impairment Period

3.15

For For Approve Arrangement of Compensation for Asset Impairment

3.16

For For Approve Amount of Raising Supporting Funds and Issue Amount

3.17

For For Approve Pricing Reference Date and Issue Price of Raising Supporting Funds

3.18

For For Approve Lock-Up Period Arrangement of Raising Supporting Funds

3.19

For For Approve the Relationship between Acquisition by Cash and Issuance of Shares and Raising Supporting Funds

3.20

For For Approve Use of Proceeds 3.21

For For Approve Transaction Constitute as Major Asset Restructuring Plan but Does Not Constitute as Asset Reorganizations of Listed Companies

4

For For Approve Signing of Acquisition Agreement 5

For For Approve Signing of Acquisition and Supplemental Agreement

6

For For Approve Signing of Asset Impairment Compensation Agreement

7

For For Approve Completeness and Compliance of Implementation of Legal Proceedings of the Transactions and Validity of the Submitted Legal Documents Regarding this Transaction

8

Vote Summary Report


Xinjiang Tianshan Cement Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Report (Draft) and Summary on Company's Acquisition by Cash and Issuance of Shares as well as Raising Supporting Funds

9

For For Approve Relevant Audit Report, Review Report and Evaluation Report of the Transaction

10

For For Approve Counter-dilution Measures in Connection to the Restructuring

11


12

For For Approve White Wash Waiver and Related Transactions

13

For For Approve Signing of Related Party Transaction Framework Agreement

14

For For Approve Shareholder Return Plan 15

For For Approve Signing of Equity Custody Agreement 16

Alpha Bank SA Meeting Date: 04/02/2021 Country: Greece

Meeting Type: Special Ticker: ALPHA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Spin-Off Agreement For For

For For Amend Company Articles 2

Beijing Roborock Technology Co., Ltd. Meeting Date: 04/02/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Use of Funds to Purchase Financial Products

For For

For For Amend External Investment Management Method

2

Vote Summary Report


Globant SA Meeting Date: 04/02/2021 Country: Luxembourg

Meeting Type: Annual Ticker: GLOB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Consolidated Financial Statements and Statutory Reports

For For


For For Approve Allocation of Loss 4

For For Approve Discharge of Directors 5

For For Approve Remuneration of Directors 6

For For Appoint PricewaterhouseCoopers, Societe Cooperative as Auditor for Annual Accounts and EU IFRS Consolidated Accounts

7

For For Appoint Price Waterhouse & Co. S.R.L. as Auditor for IFRS Consolidated Accounts

8

For For Reelect Martin Migoya as Director 9

For For Reelect Philip Odeen as Director 10

For For Reelect Richard Haythornthwaite as Director 11

For For Elect Maria Pinelli as Director 12

For For Approve Globant S.A. 2021 Employee Stock Purchase Plan

13

Xinjiang Tianshan Cement Co., Ltd. Meeting Date: 04/02/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Report of the Board of Supervisors For For

For For Approve Report of the Board of Directors 2

For For Approve Financial Statements and Financial Budget Report

3



Vote Summary Report


Broadcom Inc. Meeting Date: 04/05/2021 Country: USA

Meeting Type: Annual Ticker: AVGO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Diane M. Bryant For For

For For Elect Director Gayla J. Delly 1b

For For Elect Director Raul J. Fernandez 1c

For For Elect Director Eddy W. Hartenstein 1d

For For Elect Director Check Kian Low 1e

For For Elect Director Justine F. Page 1f

For For Elect Director Henry Samueli 1g

For For Elect Director Hock E. Tan 1h

For For Elect Director Harry L. You 1i

For For Ratify PricewaterhouseCoopers LLP as Auditors 2

Against For Amend Omnibus Stock Plan 3


4

InMode Ltd. Meeting Date: 04/05/2021 Country: Israel

Meeting Type: Annual Ticker: INMD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Reelect Michael Anghel as Director For For

For For Reelect Bruce Mann as Director 2

For For Reappoint Kesselman & Kesselman as Auditors 3

Against For Approve Grant of RSUs to Michael Anghel, Bruce Mann and Hadar Ron

4

Voter Rationale: Excessive dilution.

Vote Summary Report


PT Bukit Asam Tbk Meeting Date: 04/05/2021 Country: Indonesia

Meeting Type: Annual Ticker: PTBA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Financial Statements, Statutory Reports, and Discharge of Directors and Commissioners

For For

For For Approve Annual Report and Report of the Partnership and Community Development Program (PCDP), and Discharge of Directors and Commissioners

2

For For Approve Allocation of Income and Dividends 3

For For Approve Remuneration and Tantiem of Directors and Commissioners

4

For For Appoint Auditors of the Company and the Partnership and Community Development Program (PCDP)

5

Against For Amend Articles of Association 6


Against For Approve Changes in the Boards of the Company 7


Adani Ports & Special Economic Zone Limited Meeting Date: 04/06/2021 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Issuance of Equity Shares to Windy Lakeside Investment Ltd on Preferential Basis

For For

D/S Norden A/S Meeting Date: 04/06/2021 Country: Denmark

Meeting Type: Special Ticker: DNORD

Vote Summary Report


D/S Norden A/S

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve DKK 1.5 Million Reduction in Share Capital via Share Cancellation

For For

Press Metal Aluminium Holdings Berhad Meeting Date: 04/06/2021 Country: Malaysia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Bonus Issue of New Ordinary Shares For For

SSP Group Plc Meeting Date: 04/06/2021 Country: United Kingdom

Meeting Type: Special Ticker: SSPG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Authorise Issue of Equity in Connection with the Rights Issue

For For

For For Approve the Terms of the Rights Issue 2

StarPower Semiconductor Ltd. Meeting Date: 04/06/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Stock Option Incentive Plan and Its Summary

For For

Vote Summary Report


StarPower Semiconductor Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


2


3

Thunder Software Technology Co., Ltd. Meeting Date: 04/06/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







For For Approve Allowance of Directors 7

For For Approve Credit Line Application 8

Against For Approve Use of Idle Raised Funds for Cash Management

9

Voter Rationale: The proposed investment could expose the company to unnecessary risks.

Unisplendour Co., Ltd. Meeting Date: 04/06/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Daily Related Party Transaction For For

Vote Summary Report


Uropa Securities Series 2008-1 Meeting Date: 04/06/2021 Country: United Kingdom

Meeting Type: Bondholder Ticker: N/A

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Extraordinary Resolution as per Meeting Notice

For For

XLMedia Plc Meeting Date: 04/06/2021 Country: Jersey

Meeting Type: Special Ticker: XLM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Authorise Issue of Equity in Connection with the Placing, Subscription and Open Offer

For For

For For Authorise Issue of Equity without Pre-emptive Rights in Connection with the Placing, Subscription and Open Offer

2


3

ACC Limited Meeting Date: 04/07/2021 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Dividend 2

Against For Reelect Jan Jenisch as Director 3

Voter Rationale: Attendance concerns.

For For Reelect Narotam Sekhsaria as Director 4

For For Elect M. R. Kumar as Director 5

Vote Summary Report


ACC Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Remuneration of Cost Auditors 6

Advanced Micro Devices, Inc. Meeting Date: 04/07/2021 Country: USA

Meeting Type: Special Ticker: AMD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Issue Shares in Connection with Merger For For


Bank of Montreal Meeting Date: 04/07/2021 Country: Canada

Meeting Type: Annual Ticker: BMO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Janice M. Babiak For For

For For Elect Director Sophie Brochu 1.2

For For Elect Director Craig W. Broderick 1.3

For For Elect Director George A. Cope 1.4

For For Elect Director Stephen Dent 1.5

For For Elect Director Christine A. Edwards 1.6

For For Elect Director Martin S. Eichenbaum 1.7

For For Elect Director David E. Harquail 1.8

For For Elect Director Linda S. Huber 1.9

For For Elect Director Eric R. La Fleche 1.10

For For Elect Director Lorraine Mitchelmore 1.11

For For Elect Director Madhu Ranganathan 1.12

For For Elect Director Darryl White 1.13

Vote Summary Report


Bank of Montreal Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Withhold For Ratify KPMG LLP as Auditors 2

Voter Rationale: Excessive auditor tenure.

For For Approve Advisory Vote on Executive Compensation Approach

3

For Against Issue a Report Describing a Clear Plan to Make the Greenhouse Gas Footprint of the Company, Including the Portfolio on Lending Practices, Carbon Neutral

A

Voter Rationale: The company is being asked to "issue a report, at reasonable expense and excluding proprietary information, describing a clear plan to make the greenhouse gas footprint of our company, including our portfolio on lending practices, carbon neutral. In doing so, it should describe the process of curtailing or transforming the bank's financing of the fossil fuels sector". We commend the company for the progress it has made to date, including its commitment to net zero emissions in lending activities by 2050. We’re keen to see the company continue to develop its strategies and targets relating to its net zero commitment and fossil fuel financing. For this reason we SUPPORT the resolution. Although the proposal uses the term "carbon neutral", we have understood the intent of the proposal is for the bank to align its lending portfolio to a net zero or 1.5 degree world. This would be achieved by, amongst other things, supporting clients transition to a lower carbon economy rather than simply offsetting Scope 3 financed emissions.

C&S Paper Co., Ltd. Meeting Date: 04/07/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Liu Peng as Non-Independent Director For For

For For Approve Amendments to Articles of Association 2

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Liu Peng as Non-Independent Director 1


China International Marine Containers (Group) Co., Ltd. Meeting Date: 04/07/2021 Country: China


Vote Summary Report


China International Marine Containers (Group) Co., Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.01 Elect Zhu Zhiqiang as Director For For

For For Elect Kong Guoliang as Director 1.02

For For Elect Shi Lan as Supervisor 2

Clariant AG Meeting Date: 04/07/2021 Country: Switzerland

Meeting Type: Annual Ticker: CLN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Accept Financial Statements and Statutory Reports

For For



2

For For Approve Allocation of Income 3.1

For For Approve CHF 232.4 Million Reduction in Share Capital via Reduction of Nominal Value and Repayment of CHF 0.70 per Share

3.2

Against For Reelect Abdullah Alissa as Director 4.1.a

Voter Rationale: Overboarding concerns.

For For Reelect Nader Alwehibi as Director 4.1.b

For For Reelect Guenter von Au as Director 4.1.c

For For Reelect Calum MacLean as Director 4.1.d

For For Reelect Thilo Mannhardt as Director 4.1.e

For For Reelect Geoffery Merszei as Director 4.1.f

For For Reelect Eveline Saupper as Director 4.1.g

For For Reelect Peter Steiner as Director 4.1.h

For For Reelect Claudia Dyckerhoff as Director 4.1.i

For For Reelect Susanne Wamsler as Director 4.1.j

For For Reelect Konstantin Winterstein as Director 4.1.k

Vote Summary Report


Clariant AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Guenter von Au as Board Chairman 4.2

For For Reappoint Nader Alwehibi as Member of the Compensation Committee

4.3.1

For For Reappoint Eveline Saupper as Member of the Compensation Committee

4.3.2

For For Reappoint Claudia Dyckerhoff as Member of the Compensation Committee

4.3.3

For For Reappoint Konstantin Winterstein as Member of the Compensation Committee

4.3.4

For For Designate Balthasar Settelen as Independent Proxy

4.4

For For Ratify PricewaterhouseCoopers AG as Auditors 4.5

For For Approve Remuneration of Directors in the Amount of CHF 5 Million

5.1

For For Approve Fixed and Variable Remuneration of Executive Committee in the Amount of CHF 16 Million

5.2

Against For Additional Voting Instructions - Board of Directors Proposals (Voting)

6.1

Voter Rationale: No counterproposals submitted at the time of voting.

Against None Additional Voting Instructions - Shareholder Proposals (Voting)

6.2

Voter Rationale: No counterproposals submitted at the time of voting.

Clariant AG Meeting Date: 04/07/2021 Country: Switzerland

Meeting Type: Annual Ticker: CLN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Lennar Corporation Meeting Date: 04/07/2021 Country: USA

Meeting Type: Annual Ticker: LEN

Vote Summary Report


Lennar Corporation

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Amy Banse For For

For For Elect Director Rick Beckwitt 1b

Against For Elect Director Steven L. Gerard 1c

For For Elect Director Tig Gilliam 1d

Against For Elect Director Sherrill W. Hudson 1e

For For Elect Director Jonathan M. Jaffe 1f

Against For Elect Director Sidney Lapidus 1g

For For Elect Director Teri P. McClure 1h

For For Elect Director Stuart Miller 1i

For For Elect Director Armando Olivera 1j

Against For Elect Director Jeffrey Sonnenfeld 1k


2

Against For Ratify Deloitte & Touche LLP as Auditors 3

For Against Approve Recapitalization Plan for all Stock to Have One-vote per Share

4

Qingdao Richen Food Co., Ltd. Meeting Date: 04/07/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Draft and Summary of Stock Option Incentive Plan

For For


2


3

Vote Summary Report


SBM Offshore NV Meeting Date: 04/07/2021 Country: Netherlands

Meeting Type: Annual Ticker: SBMO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

5.1 Approve Remuneration Report for Management Board Members

For For

For For Approve Remuneration Report for Supervisory Board Members

5.2

For For Approve Remuneration Policy for Management Board Members

6

For For Adopt Financial Statements 8

For For Approve Dividends of USD 0.89 Per Share 10

For For Approve Discharge of Management Board 11

For For Approve Discharge of Supervisory Board 12

For For Grant Board Authority to Issue Shares Up To 10 Percent of Issued Capital

13.1

For For Authorize Board to Exclude Preemptive Rights from Share Issuances

13.2

For For Authorize Repurchase of Up to 10 Percent of Issued Share Capital

14.1

For For Approve Cancellation of Repurchased Shares 14.2

For For Reelect D.H.M. Wood to Management Board 15

For For Elect Ingelise Arntsen to Supervisory Board 17

For For Ratify PricewaterhouseCoopers Accountants N.V. as Auditors

18

Schlumberger N.V. Meeting Date: 04/07/2021 Country: Curacao

Meeting Type: Annual Ticker: SLB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Patrick de La Chevardiere For For

For For Elect Director Miguel M. Galuccio 1.2

For For Elect Director Olivier Le Peuch 1.3

Vote Summary Report


Schlumberger N.V. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Tatiana A. Mitrova 1.4

For For Elect Director Maria Moræus Hanssen 1.5

For For Elect Director Mark G. Papa 1.6

For For Elect Director Henri Seydoux 1.7

For For Elect Director Jeff W. Sheets 1.8


2

For For Adopt and Approve Financials and Dividends 3


For For Amend Omnibus Stock Plan 5


For For Amend Non-Employee Director Restricted Stock Plan

7

Shanghai Kelai Mechatronics Engineering Co., Ltd. Meeting Date: 04/07/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Qian Jinwu as Independent Director For For

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Qian Jinwu as Independent Director 1

Spar Nord Bank A/S Meeting Date: 04/07/2021 Country: Denmark

Meeting Type: Annual Ticker: SPNO

Vote Summary Report


Spar Nord Bank A/S

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Chairman of Meeting For For

For For Accept Financial Statements and Statutory Reports

3

For For Approve Allocation of Income and Dividends of DKK 1.5 Per Share

4

For For Approve Guidelines for Incentive-Based Compensation for Executive Management and Board

5

For For Approve Remuneration Report (Advisory Vote) 6


For For Authorize Share Repurchase Program 8

For For Reelect Per Nikolaj Bukh as Director 9.a

For For Reelect Kaj Christiansen as Director 9.b

For For Elect Andre Rogaczewski as New Director 9.c

For For Ratify Deloitte as Auditors 10

For For Allow Electronic Distribution of Company Communication

11.a

Against For Allow Shareholder Meetings to be Held by Electronic Means Only

11.b

Voter Rationale: We are not supportive of a permanent move to virtual only meetings.

For For Amend Articles Re: Notice of Shareholder Meetings; Voting

11.c

Against For Allow General Meetings to be Held by Electronic Means Only

11.d

Voter Rationale: We are not supportive of a permanent move to virtual only meetings as they reduce accountability to shareholders.

For For Amend Articles Re: Notice of General Meetings; Registration Process for Attendance at General Meetings; Proxies

11.e

For For Amend Articles Re: Voting on the Company's Remuneration Report at Annual General Meetings

11.f

For For Amend Articles Re: Notice of Participation at General Meetings

11.g

For For Authorize Editorial Changes to Adopted Resolutions in Connection with Registration with Danish Authorities

11.h

Vote Summary Report


Xilinx, Inc. Meeting Date: 04/07/2021 Country: USA

Meeting Type: Special Ticker: XLNX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Merger Agreement For For

For For Advisory Vote on Golden Parachutes 2


Zurich Insurance Group AG Meeting Date: 04/07/2021 Country: Switzerland

Meeting Type: Annual Ticker: ZURN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Remuneration Report (Non-Binding) 1.2


2


3

For For Reelect Michel Lies as Director and Board Chairman

4.1a

For For Reelect Joan Amble as Director 4.1b

For For Reelect Catherine Bessant as Director 4.1c

For For Reelect Dame Carnwath as Director 4.1d

For For Reelect Christoph Franz as Director 4.1e

For For Reelect Michael Halbherr as Director 4.1f

For For Reelect Jeffrey Hayman as Director (pro-forma vote as Jeffrey Hayman is not available for appointment)

4.1g

For For Reelect Monica Maechler as Director 4.1h

For For Reelect Kishore Mahbubani as Director 4.1i

For For Reelect Jasmin Staiblin as Director 4.1j

Vote Summary Report


Zurich Insurance Group AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Barry Stowe as Director 4.1k

For For Elect Sabine Keller-Busse as Director 4.1l

For For Reappoint Michel Lies as Member of the Compensation Committee

4.2.1

For For Reappoint Catherine Bessant as Member of the Compensation Committee

4.2.2

For For Reappoint Christoph Franz as Member of the Compensation Committee

4.2.3

For For Reappoint Kishore Mahbubani as Member of the Compensation Committee

4.2.4

For For Reappoint Jasmin Staiblin as Member of the Compensation Committee

4.2.5

For For Appoint Sabine Keller-Busse as Member of the Compensation Committee

4.2.6

For For Designate Keller KLG as Independent Proxy 4.3

For For Ratify Ernst & Young AG as Auditors 4.4


5.1

For For Approve Remuneration of Executive Committee in the Amount of CHF 79.8 Million

5.2

For For Approve Extension of Existing Authorized Capital Pool of CHF 4.5 Million with Partial Exclusion of Preemptive Rights and Approve Amendment to Existing Conditional Capital Pool

6



Zurich Insurance Group AG Meeting Date: 04/07/2021 Country: Switzerland

Meeting Type: Annual Ticker: ZURN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Vote Summary Report


Adecco Group AG Meeting Date: 04/08/2021 Country: Switzerland

Meeting Type: Annual Ticker: ADEN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



2


3


4.1


4.2

For For Reelect Jean-Christophe Deslarzes as Director and Board Chairman

5.1.1

For For Reelect Ariane Gorin as Director 5.1.2

For For Reelect Alexander Gut as Director 5.1.3

For For Reelect Didier Lamouche as Director 5.1.4

For For Reelect David Prince as Director 5.1.5

For For Reelect Kathleen Taylor as Director 5.1.6

For For Reelect Regula Wallimann as Director 5.1.7

For For Elect Rachel Duan as Director 5.1.8

For For Reappoint Kathleen Taylor as Member of the Compensation Committee

5.2.1

For For Reappoint Didier Lamouche as Member of the Compensation Committee

5.2.2

For For Appoint Rachel Duan as Member of the Compensation Committee

5.2.3



For For Approve Creation of CHF 815,620 Pool of Capital without Preemptive Rights

6



Vote Summary Report


Adecco Group AG Meeting Date: 04/08/2021 Country: Switzerland

Meeting Type: Annual Ticker: ADEN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Alfen NV Meeting Date: 04/08/2021 Country: Netherlands

Meeting Type: Annual Ticker: ALFEN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2.b Approve Remuneration Report For For


For For Approve Discharge of Management Board 5.a

For For Approve Discharge of Supervisory Board 5.b

For For Grant Board Authority to Issue Shares Up to 10 Percent of Issued Capital and Restrict/Exclude Preemptive Rights

6.a


6.b


7

Canadian Imperial Bank of Commerce Meeting Date: 04/08/2021 Country: Canada

Meeting Type: Annual Ticker: CM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Charles J. G. Brindamour For For

For For Elect Director Nanci E. Caldwell 1.2

For For Elect Director Michelle L. Collins 1.3

Vote Summary Report


Canadian Imperial Bank of Commerce Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Patrick D. Daniel 1.4

For For Elect Director Luc Desjardins 1.5

For For Elect Director Victor G. Dodig 1.6

For For Elect Director Kevin J. Kelly 1.7

For For Elect Director Christine E. Larsen 1.8

For For Elect Director Nicholas D. Le Pan 1.9

For For Elect Director Mary Lou Maher 1.10

For For Elect Director Jane L. Peverett 1.11

For For Elect Director Katharine B. Stevenson 1.12

For For Elect Director Martine Turcotte 1.13

For For Elect Director Barry L. Zubrow 1.14

For For Ratify Ernst & Young LLP as Auditors 2


3


4


CCR SA Meeting Date: 04/08/2021 Country: Brazil

Meeting Type: Annual Ticker: CCRO3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2020

For Against

Voter Rationale: Qualified auditor's opinion.

Against For Approve Allocation of Income and Dividends 2

Voter Rationale: Concerns have been raised regarding the source of financial resources used for the distribution of high interim dividends, as well as the accuracy of the company's financial position based on its financial statements.

For For Elect Mauricio Neri Godoy as Alternate Director 3

Vote Summary Report


CCR SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For None Do You Wish to Request Installation of a Fiscal Council, Under the Terms of Article 161 of the Brazilian Corporate Law?

4

For For Elect Piedade Mota da Fonseca as Fiscal Council Member and Ronaldo Pires da Silva as Alternate

5.1

For For Elect Adalgiso Fragoso de Faria as Fiscal Council Member and Marcelo de Andrade as Alternate

5.2

For For Elect Bruno Goncalves Siqueira as Fiscal Council Member and Daniel da Silva Alves as Alternate

5.3

Against For Approve Remuneration of Company's Management

6

Voter Rationale: Lack of disclosure so unable to make an informed decision.

For For Approve Remuneration of Fiscal Council Members

7

CCR SA Meeting Date: 04/08/2021 Country: Brazil

Meeting Type: Special Ticker: CCRO3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Article 22 and Consolidate Bylaws For For

Davide Campari-Milano NV Meeting Date: 04/08/2021 Country: Netherlands

Meeting Type: Annual Ticker: CPR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Adopt Financial Statements 2.d

For For Approve Dividends 3.b

For For Approve Discharge of Executive Directors 4.a

Vote Summary Report


Davide Campari-Milano NV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discharge of Non-Executive Directors 4.b

For For Approve Employee Share Ownership Plan 5

For For Approve Extra Mile Bonus Plan 6

Against For Approve Stock Option Plan 7

For For Authorize Repurchase of Shares 8

For For Ratify Ernst & Young Accountants LLP as Auditors

9

Edan Instruments, Inc. Meeting Date: 04/08/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Annual Report and Summary For For






For For Approve Remuneration of Directors and Senior Management Members

7

For For Approve Use of Funds for Short-term Capital Guaranteed Financial Products

8

For For Approve Usage of Funds by Controlling Shareholder and Other Related Parties

9

For For Approve Remuneration of Supervisors 10

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




Vote Summary Report


Edan Instruments, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




For For Approve Remuneration of Directors and Senior Management Members

7

For For Approve Use of Funds for Short-term Capital Guaranteed Financial Products

8

For For Approve Usage of Funds by Controlling Shareholder and Other Related Parties

9


Elisa Oyj Meeting Date: 04/08/2021 Country: Finland

Meeting Type: Annual Ticker: ELISA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Allocation of Income and Dividends of EUR 1.95 Per Share

8

For For Approve Discharge of Board and President 9

Against For Approve Remuneration Report (Advisory Vote) 10


For For Approve Remuneration of Directors in the Amount of EUR 126,000 for Chairman, EUR 84,000 for Vice Chairman and the Chairman of the Committees, and EUR 69,000 for Other Directors; Approve Meeting Fees

11

For For Fix Number of Directors at Eights 12

For For Reelect Clarisse Berggardh (Vice Chair), Kim Ignatius, Topi Manner, Eva-Lotta Sjostedt, Seija Turunen, Anssi Vanjoki (Chair) and Antti Vasara as Directors; Elect Maher Chebbo as New Director

13

For For Approve Remuneration of Auditors 14

For For Ratify KPMG as Auditors 15

Vote Summary Report


Elisa Oyj Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Approve Issuance of up to 15 Million Shares without Preemptive Rights

17

Emaar Development PJSC Meeting Date: 04/08/2021 Country: United Arab Emirates

Meeting Type: Annual Ticker: EMAARDEV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Board Report on Company Operations and Financial Position for FY 2020

For For

For For Approve Auditors' Report on Company Financial Statements for FY 2020

2

For For Accept Financial Statements and Statutory Reports for FY 2020

3

For For Approve Absence of Dividends 4

For For Approve Board Remuneration Policy 5


For For Approve Discharge of Directors for FY 2020 7

For For Approve Discharge of Auditors for FY 2020 8

For For Ratify Auditors and Fix Their Remuneration for FY 2021

9

For For Allow Directors to Engage in Commercial Transactions with Company

10

For For Approve the Appointment of Representatives for the Shareholders to attend the General Meeting and Fix Their Remuneration

11

EVE Energy Co., Ltd. Meeting Date: 04/08/2021 Country: China


Vote Summary Report


EVE Energy Co., Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Establishment of Joint Venture Company

For For

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Establishment of Joint Venture Company

1

Ferrovial SA Meeting Date: 04/08/2021 Country: Spain

Meeting Type: Annual Ticker: FER

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Approve Consolidated and Standalone Financial Statements

For For

For For Approve Non-Financial Information Statement 1.2

For For Approve Allocation of Income 2

For For Approve Discharge of Board 3

For For Approve Scrip Dividends 4

For For Approve Scrip Dividends 5

For For Approve Reduction in Share Capital via Amortization of Treasury Shares

6

For For Advisory Vote on Company's Greenhouse Gas Emissions Reduction Plan

7.1

For For Advisory Vote, as from the 2022 AGM, on the Company's Climate Strategy Report

7.2


For For Advisory Vote on Remuneration Report 9

For For Authorize Board to Ratify and Execute Approved Resolutions

10

Vote Summary Report


Home Product Center Public Company Limited Meeting Date: 04/08/2021 Country: Thailand

Meeting Type: Annual Ticker: HMPRO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Minutes of Previous Meeting For For

For For Acknowledge Operating Result 2

For For Approve Financial Statements and Statutory Reports

3

For For Approve Dividend Payment 4

For For Elect Rutt Phanijphand as Director 5.1

For For Elect Manit Udomkunnatum as Director 5.2

For For Elect Boonsom Lerdhirunwong as Director 5.3

For For Elect Weerapun Ungsumalee as Director 5.4


For For Approve Bonus of Directors 7

For For Approve EY Office Limited as Auditors and Authorize Board to Fix Their Remuneration

8

For For Amend Memorandum of Association Re: Company's Objectives

9

Intco Medical Technology Co., Ltd. Meeting Date: 04/08/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve to Invest in the High-end Medical Glove Project

For For





For For Approve to Adjust the Profit Distribution Plan 6

Vote Summary Report


Intco Medical Technology Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve 2020 Performance Appraisal of Directors and Senior Management Members and 2021 Remuneration Plan

7

For For Approve Special Audit Report on the Occupation of Non-Operating Funds and Other Related Fund Transactions

8

For For Approve Special Report on the Deposit and Usage of Raised Funds

9

For For Approve Credit Line Bank Application and Guarantee Provision

10

Against For Approve Use of Idle Own Funds to Purchase Financial Products

11



For For Approve 2020 and 2021 Related Party Transactions

13

Jeronimo Martins SGPS SA Meeting Date: 04/08/2021 Country: Portugal

Meeting Type: Annual Ticker: JMT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Individual and Consolidated Financial Statements and Statutory Reports

For For


For For Appraise Management and Supervision of Company and Approve Vote of Confidence to Corporate Bodies

3

For For Approve Statement on Remuneration Policy 4

KB Home Meeting Date: 04/08/2021 Country: USA

Meeting Type: Annual Ticker: KBH

Vote Summary Report


KB Home

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Arthur R. Collins For For

For For Elect Director Dorene C. Dominguez 1.2

For For Elect Director Kevin P. Eltife 1.3

For For Elect Director Timothy W. Finchem 1.4

For For Elect Director Stuart A. Gabriel 1.5

For For Elect Director Thomas W. Gilligan 1.6

For For Elect Director Jodeen A. Kozlak 1.7

Against For Elect Director Robert L. Johnson 1.8

Against For Elect Director Melissa Lora 1.9

For For Elect Director Jeffrey T. Mezger 1.10

For For Elect Director James C. "Rad" Weaver 1.11

For For Elect Director Michael M. Wood 1.12


2

Against For Ratify Ernst & Young LLP as Auditors 3

For For Approve Amended Rights Agreement 4

Marfrig Global Foods SA Meeting Date: 04/08/2021 Country: Brazil

Meeting Type: Special Ticker: MRFG3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Article 5 to Reflect Changes in Capital For For

For For Approve Increase in Authorized Capital and Amend Article 6 Accordingly

2

For For Amend Article 16 Re: Fix Minimum Number of Board Members to Three

3

For For Amend Article 26 4

For For Amend Articles Re: Compliance with Regulations of Novo Mercado of B3

5

Vote Summary Report


Marfrig Global Foods SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Remove Articles 6


For For Consolidate Bylaws 8

Marfrig Global Foods SA Meeting Date: 04/08/2021 Country: Brazil

Meeting Type: Annual Ticker: MRFG3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Against For Elect Directors 2


Against None In Case There is Any Change to the Board Slate Composition, May Your Votes Still be Counted for the Proposed Slate?

3

Voter Rationale: Amended slate may not be in shareholders' interest.

Abstain None In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below?

4

Voter Rationale: Not all director details are disclosed.

Abstain None Percentage of Votes to Be Assigned - Elect Roberto Silva Waack as Independent Director

5.1

Voter Rationale: Lack of disclosure

Abstain None Percentage of Votes to Be Assigned - Elect Alain Emilie Henry Martinet as Director

5.2


Abstain None Percentage of Votes to Be Assigned - Elect Marcos Antonio Molina dos Santos as Director

5.3


Abstain None Percentage of Votes to Be Assigned - Elect Maria Aparecida Pascoal Marcal dos Santos as Director

5.4


Abstain None Percentage of Votes to Be Assigned - Elect Rodrigo Marcal Filho as Director

5.5


Vote Summary Report


Marfrig Global Foods SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Abstain None Percentage of Votes to Be Assigned - Elect Antonio dos Santos Maciel Neto as Independent Director

5.6


Abstain None Percentage of Votes to Be Assigned - Elect Herculano Anibal Alves as Independent Director

5.7


Abstain For Elect Fiscal Council Members 6

Voter Rationale: Focusing votes on minority fiscal candidate.

Against None In Case One of the Nominees Leaves the Fiscal Council Slate Due to a Separate Minority Election, as Allowed Under Articles 161 and 240 of the Brazilian Corporate Law, May Your Votes Still Be Counted for the Proposed Slate?

7

Voter Rationale: Amended slate may not be in shareholders' interest.

For None Elect Axel Erhard Brod as Fiscal Council Member and Christiano Ernesto Burmeister as Alternate Appointed by Minority Shareholder

8

Against For Approve Remuneration of Company's Management and Fiscal Council

9

Voter Rationale: No rationale provided for a 30% increase in remuneration cap.


Nokia Oyj Meeting Date: 04/08/2021 Country: Finland

Meeting Type: Annual Ticker: NOKIA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Treatment of Net Loss 8



Vote Summary Report


Nokia Oyj Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Remuneration of Directors in the Amount of EUR 440,000 to Chair, EUR 185,000 to Vice Chair and EUR 160,000 to Other Directors; Approve Remuneration for Committee Work; Approve Meeting Fees

11

For For Fix Number of Directors at Eight 12

Against For Reelect Sari Baldauf, Bruce Brown, Thomas Dannenfeldt, Jeanette Horan, Edward Kozel, Soren Skou, Carla Smits-Nusteling, and Kari Stadigh as Directors

13

Voter Rationale: Overboarding concerns for Kari Stadigh,





17

Octopus Renewables Infrastructure Trust Plc Meeting Date: 04/08/2021 Country: United Kingdom

Meeting Type: Annual Ticker: ORIT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Elect Philip Austin as Director 4

For For Elect James Cameron as Director 5

For For Elect Elaina Elzinga as Director 6

For For Elect Audrey McNair as Director 7

For For Appoint PricewaterhouseCoopers LLP as Auditors

8

For For Authorise Board to Fix Remuneration of Auditors 9

For For Authorise Directors to Declare and Pay All Dividends of the Company as Interim Dividends

10

Vote Summary Report


Octopus Renewables Infrastructure Trust Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



12



14

Ping An Bank Co., Ltd. Meeting Date: 04/08/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




For For Approve Financial Statements and Financial Budget Report

4


For For Approve Related Party Transaction and Related Party Transaction Management System Implementation Report

6



For For Elect Sun Dongdong as Independent Director 9

For For Approve Capital Management Plan 10

For For Approve Issuance of Qualified Tier 2 Capital Bonds

11

RM Plc Meeting Date: 04/08/2021 Country: United Kingdom

Meeting Type: Annual Ticker: RM

Vote Summary Report


RM Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect John Poulter as Director 3

For For Re-elect Paul Dean as Director 4

For For Elect Vicky Griffiths as Director 5

For For Re-elect Patrick Martell as Director 6

For For Re-elect Neil Martin as Director 7

For For Appoint Deloitte LLP as Auditors 8




For For Amend Performance Share Plan 12



14


15



17

Royal Bank of Canada Meeting Date: 04/08/2021 Country: Canada

Meeting Type: Annual Ticker: RY

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Andrew A. Chisholm For For

For For Elect Director Jacynthe Cote 1.2

Vote Summary Report


Royal Bank of Canada Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Toos N. Daruvala 1.3

For For Elect Director David F. Denison 1.4

For For Elect Director Cynthia Devine 1.5

For For Elect Director David McKay 1.6

For For Elect Director Kathleen Taylor 1.7

For For Elect Director Maryann Turcke 1.8

For For Elect Director Thierry Vandal 1.9

For For Elect Director Bridget A. van Kralingen 1.10

For For Elect Director Frank Vettese 1.11

For For Elect Director Jeffery Yabuki 1.12



3

Against Against SP 1: Adopt Company-Wide, Quantitative, Time-bound Greenhouse Gas (GHG) Emissions Reduction Targets and Issue an Annual Report Discussing the Plans and Progress of Achieving Such Targerts

4

Voter Rationale: The company is being asked to adopt company-wide, quantitative, time-bound greenhouse gas (GHG) emissions reduction targets and issue an annual report discussing the plans and progress of achieving such targets. We commend the company for the progress it has made to date, including its commitment to net zero emissions in lending activities by 2050. We’re keen to see the company continue to develop its strategies and targets relating to its commitment to net zero. For this reason we SUPPORT the resolution.

Against Against SP 2: Redefine the Bank's Purpose and Undertakings

5


6


For Against SP 4: Adopt a Diversity Target Higher than 40% for the Composition of the Board of Directors for the Next Five Years

7

Voter Rationale: "The company is being asked to set a target of 40% representation of both sexes on its board for the next five years. We commend the company for the progress is has made to date, and recognise that the company exceeds this target for nominee directors and leads its peers in terms of its current diversity target. We are keen for the bank to continue to have strong gender diversity on future boards and therefore support this resolution. Please note that we believe there would be sufficient flexibility for the company to appoint candidates with a suitable skill set as we are asking the company to adopt a target rather than a strict quota.

Vote Summary Report


Scentre Group Meeting Date: 04/08/2021 Country: Australia

Meeting Type: Annual Ticker: SCG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Remuneration Report For Against

Voter Rationale: Misalignment of remuneration practices and outcomes with performance, investor outcomes and broadly accepted market practices. Poor disclosure of quantified targets in the STI and non-disclosure of certain LTI targets. Non-financial STI performance measures which appear to offer substantial bonuses for 'day job' duties, including increasing gender diversity, maintaining high employee engagement and capital management

For For Elect Carolyn Kay as Director 3

For For Elect Margaret Seale as Director 4

For For Elect Guy Russo as Director 5

Against For Approve Grant of Performance Rights to Peter Allen

6

Voter Rationale: The quantum of the LTI award is well above the market median for similar sized companies and peers. Disclosure of the LTI award is inconsistent with market practice and may cause confusion for some investors. Most companies disclose the value of the maximum award upon achievement of maximum performance and securityholder approval is sought for that value.

Shanghai Putailai New Energy Technology Co., Ltd. Meeting Date: 04/08/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction





For For Approve Profit Distribution and Capitalization of Capital Reserves

5


For For Approve the Investment and Construction of Sichuan Production Base Project

7

Vote Summary Report


Sinoma Science & Technology Co., Ltd. Meeting Date: 04/08/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction






For For Approve Daily Related Party Transactions 6

For For Approve Loan Application and Related Authorization

7

Against For Approve Change in Guarantee Period 8

Voter Rationale: The level of guarantee to be provided to some of the guaranteed entities is disproportionate to the level of ownership.

For For Approve Issuance of Commercial Papers 9

For For Approve Issuance of Green Corporate Bonds 10

For For Approve Guarantee and Mutual Guarantees 11

Storebrand ASA Meeting Date: 04/08/2021 Country: Norway

Meeting Type: Annual Ticker: STB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Approve Notice of Meeting and Agenda 3

For For Accept Financial Statements and Statutory Reports; Approve Allocation of Income Dividends of NOK 3.25 Per Share

6

For For Approve Company's Corporate Governance Statement

7

Against For Approve Remuneration Policy And Other Terms of Employment For Executive Management

8

Vote Summary Report


Storebrand ASA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Authorize Share Repurchase Program and Reissuance of Repurchased Shares

9.1

For For Approve Creation of NOK 233.9 Million Pool of Capital without Preemptive Rights

9.2

For For Reelect Didrik Munch as Director 10.1

For For Elect Christel Borge as New Director 10.2

For For Reelect Karin Bing as Director 10.3

For For Reelect Marianne Bergmann Roren as Director 10.4

For For Reelect Karl Sandlund as Director 10.5

For For Reelect Martin Skancke as Director 10.6

For For Reelect Fredrik Atting as Director 10.7

For For Reappoint Didrik Munch as Board Chairman 10.8

For For Reelect Per Otto Dyb as Member of Nominating Committee

11.1

For For Reelect Leiv Askvig as Member of Nominating Committee

11.2

For For Reelect Nils Halvard Bastiansen as Member of Nominating Committee

11.3

For For Reelect Anders Gaarud as Member of Nominating Committee

11.4

For For Elect Liv Monica Stubholt as New Member of Nominating Committee

11.5

For For Reappoint Per Otto Dyb as Chairman of Nominating Committee

11.6

For For Approve Remuneration of Directors in the Amount of NOK 794,000 for Chairman, NOK 406,000 for Other Shareholder-Elected Directors, and NOK 364,000 for Employee Representatives; Approve Remuneration for Overseas Allowance

12.1

For For Approve Remuneration for Committee Work 12.2

For For Approve Remuneration of Nominating Committee

12.3


Synopsys, Inc. Meeting Date: 04/08/2021 Country: USA

Meeting Type: Annual Ticker: SNPS

Vote Summary Report


Synopsys, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Aart J. de Geus For For

For For Elect Director Chi-Foon Chan 1b

For For Elect Director Janice D. Chaffin 1c

For For Elect Director Bruce R. Chizen 1d

For For Elect Director Mercedes Johnson 1e

For For Elect Director Chrysostomos L. "Max" Nikias 1f

For For Elect Director Jeannine P. Sargent 1g

For For Elect Director John Schwarz 1h

For For Elect Director Roy Vallee 1i



3

For For Ratify KPMG LLP as Auditors 4

Voter Rationale: Excessive tenure.

For Against Reduce Ownership Threshold for Shareholders to Call Special Meeting

5

Voter Rationale: This proposal is in the best interests of shareholders.

The Drilling Co. of 1972 A/S Meeting Date: 04/08/2021 Country: Denmark

Meeting Type: Annual Ticker: DRLCO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Allocation of Income and Omission of Dividends

3


Voter Rationale: Fully time based long term incentive plan.

For For Approve Discharge of Management and Board 5

Vote Summary Report


The Drilling Co. of 1972 A/S Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Remuneration of Directors in the Amount of DKK 1.35 Million for Chair, DKK 900,000 for Vice Chair and DKK 450,000 for Other Directors; Approve Remuneration for Committee Work

6

Abstain For Reelect Claus V. Hemmingsen (Chairman) as Director

7

Voter Rationale: Overboarding concerns as well as being Chair of the remuneration committee which we have voted against for consecutive years.

For For Reelect Robert M. Uggla as Director 8.a

For For Reelect Alastair Maxwell as Director 8.b

For For Reelect Martin Larsen as Director 8.c

For For Reelect Kristin H. Holth as Director 8.d

For For Reelect Ann-Christin G. Andersen as Director 8.e

For For Ratify PricewaterhouseCoopers as Auditors 9

Against For Approve Issuance of up to 20 Percent of Share Capital without Preemptive Rights

10.a

Voter Rationale: The stock that could be issued without pre-emptive rights exceeds 10% of outstanding capital.


10.b

Voter Rationale: We are not supportive of a permanent move to virtual meetings.

UBS Group AG Meeting Date: 04/08/2021 Country: Switzerland

Meeting Type: Annual Ticker: UBSG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Approve Allocation of Income and Dividends of USD 0.37 per Share

3

For For Approve Discharge of Board and Senior Management for Fiscal Year 2020, excluding French Cross-Border Matter

4

For For Reelect Axel Weber as Director and Board Chairman

5.1

Vote Summary Report


UBS Group AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Jeremy Anderson as Director 5.2

For For Reelect William Dudley as Director 5.3

For For Reelect Reto Francioni as Director 5.4

For For Reelect Fred Hu as Director 5.5

For For Reelect Mark Hughes as Director 5.6

For For Reelect Nathalie Rachou as Director 5.7

For For Reelect Julie Richardson as Director 5.8

For For Reelect Dieter Wemmer as Director 5.9

For For Reelect Jeanette Wong as Director 5.10

For For Elect Claudia Boeckstiegel as Director 6.1

For For Elect Patrick Firmenich as Director 6.2

For For Reappoint Julie Richardson as Member of the Compensation Committee

7.1

For For Reappoint Reto Francioni as Member of the Compensation Committee

7.2

For For Reappoint Dieter Wemmer as Member of the Compensation Committee

7.3

For For Reappoint Jeanette Wong as Member of the Compensation Committee

7.4


8.1

For For Approve Variable Remuneration of Executive Committee in the Amount of CHF 85 Million

8.2

For For Approve Fixed Remuneration of Executive Committee in the Amount of CHF 33 Million

8.3

For For Designate ADB Altorfer Duss & Beilstein AG as Independent Proxy

9.1


For For Ratify BDO AG as Special Auditors 9.3

For For Amend Articles Re: Voting Majority for Board Resolutions

10

For For Approve CHF 15.7 Million Reduction in Share Capital as Part of the Share Buyback Program via Cancellation of Repurchased Shares

11

For For Authorize Repurchase of up to CHF 4 Billion in Issued Share Capital

12

Against None Transact Other Business (Voting) 13


Vote Summary Report


UBS Group AG Meeting Date: 04/08/2021 Country: Switzerland

Meeting Type: Annual Ticker: UBSG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Vestas Wind Systems A/S Meeting Date: 04/08/2021 Country: Denmark

Meeting Type: Annual Ticker: VWS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


3


For For Approve Remuneration of Directors in the Amount of DKK 1.3 Million for Chairman, DKK 892,500 for Vice Chairman and DKK 446,250 for Other Directors; Approve Remuneration for Committee Work

5

For For Reelect Anders Runevad as Director 6.a

For For Reelect Bert Nordberg as Director 6.b

For For Reelect Bruce Grant as Director 6.c

For For Reelect Eva Merete Sofelde Berneke as Director 6.d

For For Reelect Helle Thorning-Schmidt as Director 6.e

For For Reelect Karl-Henrik Sundstrom as Director 6.f

For For Reelect Lars Josefsson as Director 6.g

For For Elect Kentaro Hosomi as New Director 6.h


For For Approve Guidelines for Incentive-Based Compensation for Executive Management and Board

8.1

Vote Summary Report


Vestas Wind Systems A/S Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Amend Articles Re: Change Par Value from DKK 1 to DKK 0.01 or Multiples Thereof

8.2

For For Approve Creation of DKK 20.2 Million Pool of Capital with Preemptive Rights; Approve Creation of DKK 20.2 Million Pool of Capital without Preemptive Rights; Maximum Increase in Share Capital under Both Authorizations up to DKK 20.2 Million

8.3

For For Allow Shareholder Meetings to be Held by Electronic Means Only

8.4

For For Allow Electronic Distribution of Company Communication

8.5

For For Authorize Board to Decide on the Distribution of Extraordinary Dividends

8.6

For For Authorize Share Repurchase Program 8.7


9

VINCI SA Meeting Date: 04/08/2021 Country: France

Meeting Type: Annual/Special Ticker: DG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3

For For Reelect Yannick Assouad as Director 4

For For Reelect Graziella Gavezotti as Director 5


6

For For Approve Remuneration Policy of Directors 7

For For Approve Remuneration Policy of Xavier Huillard, Chairman and CEO

8

For For Approve Compensation Report of Corporate Officers

9

Vote Summary Report


VINCI SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Compensation of Xavier Huillard, Chairman and CEO

10

For For Approve Company's Environmental Transition Plan

11

For For Authorize Decrease in Share Capital via Cancellation of Repurchased Shares

12

For For Authorize Capitalization of Reserves for Bonus Issue or Increase in Par Value

13

For For Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 300 Million

14

For For Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 150 Million

15

For For Approve Issuance of Equity or Equity-Linked Securities for Private Placements, up to Aggregate Nominal Amount of EUR 150 Million

16

For For Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Under Items 14-16

17

For For Authorize Capital Increase of up to 10 Percent of Issued Capital for Contributions in Kind

18

For For Authorize Capital Issuances for Use in Employee Stock Purchase Plans

19

For For Authorize Capital Issuances for Use in Employee Stock Purchase Plans Reserved for Employees of International Subsidiaries

20

For For Authorize up to 1 Percent of Issued Capital for Use in Restricted Stock Plans

21

For For Authorize Filing of Required Documents/Other Formalities

22

Ambuja Cements Limited Meeting Date: 04/09/2021 Country: India


Vote Summary Report


Ambuja Cements Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Against For Reelect Then Hwee Tan as Director 3

Voter Rationale: Lack of independence.

Against For Reelect Mahendra Kumar Sharma as Director 4


Against For Elect Ramanathan Muthu as Director 5



Bakkafrost P/F Meeting Date: 04/09/2021 Country: Faroe Islands

Meeting Type: Annual Ticker: BAKKA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Receive Board's Report 2


3


4

For For Reelect Johannes Jensen as Director 5.1

For For Reelect Teitur Samuelsen as Director 5.2

Against For Reelect Annika Frederiksberg as Director 5.3

Voter Rationale: Lack of remuneration committee.

For For Reelect Oystein Sandvik as Director 5.4

For For Reelect Einar Wathne as Director 5.5

Against For Reelect Runi M. Hansen as Director and Board Chairman

6

Voter Rationale: Lack of independence

Vote Summary Report


Bakkafrost P/F Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Remuneration of Directors in the Amount of DKK 471,240 for Chairman, DKK 294,525 for Deputy Chairman, and DKK 235,620 for Other Directors; Approve Remuneration of Accounting Committee

7

For For Reelect Leif Eriksrod as Member of Election Committee

8.1

For For Reelect Eydun Rasmussen as Member of Election Committee

8.2

For For Reelect Gunnar i Lida as Chairman of Election Committee

8.3

For For Approve Remuneration of Election Committee in the Amount of DKK 24,000 for Chairman and 12,000 for Other Directors

9

For For Ratify P/F Januar as Auditors 10

For For Approve Remuneration Policy And Other Terms of Employment For Executive Management

11

Banco BTG Pactual SA Meeting Date: 04/09/2021 Country: Brazil

Meeting Type: Special Ticker: BPAC11

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve 4-for-1 Stock Split For For

Against For Approve Increase in Authorized Capital 2

Voter Rationale: Excessive dilution concerns.

Against For Amend Articles 5 and 30 and Consolidate Bylaws

3


Banco BTG Pactual SA Meeting Date: 04/09/2021 Country: Brazil

Meeting Type: Annual Ticker: BPAC11

Vote Summary Report


Banco BTG Pactual SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Abstain None Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law?

3


Against For Elect Claudio Eugenio Stiller Galeazzi as Independent Director

4.1


Against For Elect Eduardo Henrique de Mello Motta Loyo as Director

4.2


Against For Elect Guillermo Ortiz Martinez as Director 4.3


Against For Elect John Huw Gwili Jenkins as Director 4.4


For For Elect Mark Clifford Maletz as Independent Director

4.5

For For Elect Nelson Azevedo Jobim as Director 4.6

Against For Elect Roberto Balls Sallouti as Director 4.7


For For Elect Sofia De Fatima Esteves as Independent Director

4.8


5

Voter Rationale: Not supportive of cumulative voting.

Abstain None Percentage of Votes to Be Assigned - Elect Claudio Eugenio Stiller Galeazzi as Independent Director

6.1


Abstain None Percentage of Votes to Be Assigned - Elect Eduardo Henrique de Mello Motta Loyo as Director

6.2


Vote Summary Report


Banco BTG Pactual SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Abstain None Percentage of Votes to Be Assigned - Elect Guillermo Ortiz Martinez as Director

6.3


Abstain None Percentage of Votes to Be Assigned - Elect John Huw Gwili Jenkins as Director

6.4


Abstain None Percentage of Votes to Be Assigned - Elect Mark Clifford Maletz as Independent Director

6.5


Abstain None Percentage of Votes to Be Assigned - Elect Nelson Azevedo Jobim as Director

6.6


Abstain None Percentage of Votes to Be Assigned - Elect Roberto Balls Sallouti as Director

6.7


Abstain None Percentage of Votes to Be Assigned - Elect Sofia De Fatima Esteves as Independent Director

6.8


For None As an Ordinary Shareholder, Would You like to Request a Separate Minority Election of a Member of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law?

7

For None As a Preferred Shareholder, Would You like to Request a Separate Minority Election of a Member of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law?

8

For None In Case Neither Class of Shares Reaches the Minimum Quorum Required by the Brazilian Corporate Law to Elect a Board Representative in Separate Elections, Would You Like to Use Your Votes to Elect the Candidate with More Votes to Represent Both Classes?

9


10

Voter Rationale: Significant increase with no rationale provided.


11

Vote Summary Report


Dialog Semiconductor Plc Meeting Date: 04/09/2021 Country: United Kingdom

Meeting Type: Court Ticker: DLG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Scheme of Arrangement For For

Dialog Semiconductor Plc Meeting Date: 04/09/2021 Country: United Kingdom

Meeting Type: Special Ticker: DLG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve the Recommended Cash Offer of Dialog Semiconductor plc by Renesas Electronics Corporation; Amend Articles of Association

For For

EDP Energias do Brasil SA Meeting Date: 04/09/2021 Country: Brazil

Meeting Type: Annual Ticker: ENBR3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Approve Capital Budget 3

For For Approve Remuneration of Company's Management and Fiscal Council

4


5

Vote Summary Report


EDP Energias do Brasil SA Meeting Date: 04/09/2021 Country: Brazil

Meeting Type: Special Ticker: ENBR3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Articles 24 and 25 For For



3

ICICI Lombard General Insurance Company Limited Meeting Date: 04/09/2021 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Reelect Uday Chitale as Director For For

For For Reelect Suresh Kumar as Director 2

For For Reelect Ved Prakash Chaturvedi as Director 3

Kasikornbank Public Co. Ltd. Meeting Date: 04/09/2021 Country: Thailand

Meeting Type: Annual Ticker: KBANK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Financial Statements For For

For For Approve Allocation of Income and Dividend Payment

3

For For Elect Kobkarn Wattanavrangkul as Director 4.1

For For Elect Sujitpan Lamsam as Director 4.2

For For Elect Pipit Aneaknithi as Director 4.3

For For Elect Pipatpong Poshyanonda as Director 4.4

Vote Summary Report


Kasikornbank Public Co. Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Wiboon Khusakul as Director 4.5

For For Elect Suroj Lamsam as Director 5

For For Approve Names and Number of Directors Who Have Signing Authority

6


For For Approve KPMG Phoomchai Audit Limited as Auditors and Authorize Board to Fix Their Remuneration

8

For For Amend Articles of Association 9

Koc Holding A.S. Meeting Date: 04/09/2021 Country: Turkey

Meeting Type: Annual Ticker: KCHOL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Open Meeting and Elect Presiding Council of Meeting

For For

For For Accept Board Report 2

For For Accept Audit Report 3

For For Accept Financial Statements 4



Against For Amend Article 6 Re: Capital Related 7


For For Elect Directors 8

For For Approve Remuneration Policy and Director Remuneration for 2020

9

Against For Approve Director Remuneration 10

Voter Rationale: Board fees are not disclosed so unable to make an informed decision.

For For Ratify External Auditors 11

Against For Approve Upper Limit of Donations for the 2021 and Receive Information on Donations Made in 2020

12

Voter Rationale: Donation limit not disclosed so unable to make an informed decision.

Vote Summary Report


Koc Holding A.S. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Grant Permission for Board Members to Engage in Commercial Transactions with Company and Be Involved with Companies with Similar Corporate Purpose

14

Lyxor EURO STOXX 50 (DR) UCITS ETF Meeting Date: 04/09/2021 Country: France

Meeting Type: Annual Ticker: MSE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Financial Statements and Statutory Reports

For For

For For Approve Auditors' Special Report on Related-Party Transactions

2


3

PT Bank CIMB Niaga Tbk Meeting Date: 04/09/2021 Country: Indonesia

Meeting Type: Annual Ticker: BNGA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Financial Statements, Statutory Reports, and Discharge of Directors and Commissioners

For For


For For Approve Tanudiredja, Wibisana, Rintis & Rekan as Auditors and Authorize Board to Fix Their Remuneration

3

For For Approve Remuneration of Directors, Commissioners and Sharia Supervisory Board

4


For For Approve Updates on the Company's Recovery Plan

6

Vote Summary Report


PT United Tractors Tbk Meeting Date: 04/09/2021 Country: Indonesia

Meeting Type: Annual Ticker: UNTR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Against For Elect Directors and Commissioners 3


For For Approve Remuneration of Directors and Commissioners

4




Rio Tinto Plc Meeting Date: 04/09/2021 Country: United Kingdom

Meeting Type: Annual Ticker: RIO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Approve Remuneration Report for UK Law Purposes

3

For For Approve Remuneration Report for Australian Law Purposes

4

For For Re-elect Megan Clark as Director 5

For For Re-elect Hinda Gharbi as Director 6

For For Re-elect Simon Henry as Director 7

For For Re-elect Sam Laidlaw as Director 8

For For Re-elect Simon McKeon as Director 9

For For Re-elect Jennifer Nason as Director 10

Vote Summary Report


Rio Tinto Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Jakob Stausholm as Director 11

For For Re-elect Simon Thompson as Director 12

For For Re-elect Ngaire Woods as Director 13



15

For For Authorise UK Political Donations and Expenditure

16

For None Approve Global Employee Share Plan 17

For For Approve UK Share Plan 18



20



22

Royal Bafokeng Platinum Ltd. Meeting Date: 04/09/2021 Country: South Africa

Meeting Type: Annual Ticker: RBP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports for the Year Ended 31 December 2020

For For

For For Re-elect Mike Rogers as Director 2

For For Re-elect Steve Phiri as Director 3

For For Re-elect Zanele Matlala as Director 4

For For Appoint KPMG as Auditors of the Company with Henning Opperman as the Individual Audit Representative

5

For For Re-elect Louisa Stephens as Chairman of the Audit and Risk Committee

6

For For Re-elect Mark Moffett as Member of the Audit and Risk Committee

7

Vote Summary Report


Royal Bafokeng Platinum Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Zanele Matlala as Member of the Audit and Risk Committee

8

For For Re-elect Peter Ledger as Member of the Audit and Risk Committee

9

For For Authorise Board to Issue Shares for Cash 10


Against For Approve Remuneration Implementation Report 12

Voter Rationale: Targets are not considered sufficiently stretching.

For For Approve Non-executive Directors' Fees 13

For For Authorise Repurchase of Issued Share Capital 14

S.F. Holding Co., Ltd. Meeting Date: 04/09/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction






For For Approve Appointment of Auditor 6

For For Approve External Guarantee Provision Plan 7

For For Approve Use of Own Funds to Invest in Financial Products

8

For For Approve Purchase of Liability Insurance for Directors, Supervisors and Senior Management Members

9

For For Elect Wang Jia as Supervisor 10

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Vote Summary Report


S.F. Holding Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







For For Approve External Guarantee Provision Plan 7

For For Approve Use of Own Funds to Invest in Financial Products

8


9

For For Elect Wang Jia as Supervisor 10

Straumann Holding AG Meeting Date: 04/09/2021 Country: Switzerland

Meeting Type: Annual Ticker: STMN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Against For Approve Remuneration Report 1.2

Voter Rationale: Discretion used to award 80% of the bonus award, despite not hitting targets – this was particularly concerning given Straumann received government grants in 2020 and reduced its workforce by 9%.


2

For For Approve Discharge of Board of Directors 3

For For Approve Fixed Remuneration of Directors in the Amount of CHF 2.7 Million

4


5.1

For For Approve Long-Term Variable Remuneration of Executive Committee in the Amount of CHF 3.5 Million

5.2

For For Approve Short-Term Variable Remuneration of Executive Committee in the Amount of CHF 3.1 Million

5.3

Vote Summary Report


Straumann Holding AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Reelect Gilbert Achermann as Director and Board Chairman

6.1

Voter Rationale: Lack of independence and diversity

Against For Reelect Sebastian Burckhardt as Director 6.2


Against For Reelect Marco Gadola as Director 6.3


For For Reelect Juan Gonzalez as Director 6.4

For For Reelect Beat Luethi as Director 6.5

Against For Reelect Thomas Straumann as Director 6.6


For For Reelect Regula Wallimann as Director 6.7

Against For Elect Petra Rumpf as Director 6.8


For For Appoint Beat Luethi as Member of the Compensation Committee

7.1

For For Appoint Regula Wallimann as Member of the Compensation Committee

7.2

For For Appoint Juan Gonzalez as Member of the Compensation Committee

7.3

For For Designate Neovius AG as Independent Proxy 8

For For Ratify Ernst & Young AG as Auditors 9



Straumann Holding AG Meeting Date: 04/09/2021 Country: Switzerland

Meeting Type: Annual Ticker: STMN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Vote Summary Report


Youngor Group Co., Ltd. Meeting Date: 04/09/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve First Phase Core Management Team Shareholding Plan Draft and Summary

For Against

Voter Rationale: Not in the best interest of shareholders.

Against For Approve Management Method of Core Management Team Shareholding Plan

2


Against For Approve Authorization of the Board to Handle All Related Matters

3



4


5

For For Approve Authorization of the Board to Handle All Related Matters on Performance Shares Incentive Plan

6

CCL Products (India) Limited Meeting Date: 04/10/2021 Country: India

Meeting Type: Court Ticker: 519600

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Scheme of Amalgamation For For

InterGlobe Aviation Limited Meeting Date: 04/10/2021 Country: India


Vote Summary Report


InterGlobe Aviation Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Revision in the Remuneration of Ronojoy Dutta as Whole Time Director and Chief Executive Officer by Way of Grant of Stock Options under InterGlobe Aviation Limited - Employee Stock Option Scheme 2015

For Against

Voter Rationale: Stock options can be issued at a discount.

CreditAccess Grameen Limited Meeting Date: 04/11/2021 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Lilian Jessie Paul as Director For For

For For Reelect George Joseph as Director 2

Emaar Properties PJSC Meeting Date: 04/11/2021 Country: United Arab Emirates

Meeting Type: Annual Ticker: EMAAR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3

For For Approve Dividends of AED 0.10 per Share 4




Vote Summary Report


Emaar Properties PJSC Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



9

For None Elect Mohammed Al Abbar as Director 10.1

For None Elect Jammal bin Thaniyah as Director 10.2

For None Elect Ahmed Jawa as Director 10.3

For None Elect Ahmed Al Matroushi as Director 10.4

For None Elect Jassim Al Ali as Director 10.5

For None Elect Hilal Al Mari as Director 10.6

For None Elect Sultan Al Mansouri as Director 10.7

For None Elect Buti Al Mulla as Director 10.8

For None Elect Iman Abdulrazzaq as Director 10.9

For None Elect Anoud Al Marzouqi as Director 10.10

For None Elect Hanaa Al Bustani as Director 10.11

For None Elect Naylah Mousawi as Director 10.12

For None Elect Abdulwahid Al Ulamaa as Director 10.13

For None Elect Feisal Shah Kuttiyil as Director 10.14

For None Elect Iman Al Suweidi as Director 10.15

For None Elect Abdullah Al Shamsi as Director 10.16

For For Allow Directors to Engage in Commercial Transactions with Company

11

For For Approve the Appointment of Representatives for the Shareholders to attend the General Meeting and Fix Their Remuneration

12

For For Approve Charitable Donations up to 2 Percent of Average Net Profits for the last Two Fiscal Years

13

Against For Amend Article of Bylaws Re: Related Parties 14

Voter Rationale: Not in shareholders' interests.

American Finance Trust, Inc. Meeting Date: 04/12/2021 Country: USA

Meeting Type: Annual Ticker: AFIN

Vote Summary Report


American Finance Trust, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Stanley R. Perla For Against

Voter Rationale: Against poison pills.

Against For Elect Director Edward G. Rendell 1b

Voter Rationale: Against poison pills.


Ascendas India Trust Meeting Date: 04/12/2021 Country: Singapore

Meeting Type: Annual Ticker: CY6U

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Adopt Statement of the Trustee-Manager, Audited Financial Statements and Auditors' Report

For For

For For Approve Ernst & Young LLP as Auditors and Authorize Directors to Fix Their Remuneration

2

Against For Approve Issuance of Equity or Equity-Linked Securities with or without Preemptive Rights

3


Bangkok Bank Public Company Limited Meeting Date: 04/12/2021 Country: Thailand

Meeting Type: Annual Ticker: BBL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



3

For For Elect Deja Tulananda as Director 4.1

Vote Summary Report


Bangkok Bank Public Company Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Chokechai Niljianskul as Director 4.2

For For Elect Suvarn Thansathit as Director 4.3

For For Elect Chansak Fuangfu as Director 4.4

For For Elect Charamporn Jotikasthirabe as Director 4.5

For For Elect Chatchawin Charoen-Rajapark as Director 5.1

For For Elect Bundhit Eua-arporn as Director 5.2

For For Elect Parnsiree Amatayakul as Director 5.3

For For Approve Deloitte Touche Tohmatsu Jaiyos Audit Co., Ltd. as Auditors and Authorize Board to Fix Their Remuneration

7


Beijing Oriental Yuhong Waterproof Technology Co., Ltd. Meeting Date: 04/12/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Draft and Summary of Stock Option Incentive Plan

For For


2


3

For For Approve Draft and Summary of Employee Share Purchase Plan

4

For For Approve Management Method of Employee Share Purchase Plan

5


6

For For Approve Employee Share Purchase Plan Intent to Raise Funds through Financing and Securities Lending

7

Vote Summary Report


Cineworld Group Plc Meeting Date: 04/12/2021 Country: United Kingdom

Meeting Type: Special Ticker: CINE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Temporary Suspension of the Borrowing Limit in the Articles of Association

For For

Corporacion Moctezuma SAB de CV Meeting Date: 04/12/2021 Country: Mexico

Meeting Type: Annual Ticker: CMOCTEZ

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Present CEO's Report on Results of Operations on Individual and Consolidated Financial Information

For For

For For Present Board's Opinion on CEO's Report 1b

For For Present Report on Compliance with Fiscal Obligations

1c

For For Present Board's Report on Principal Policies and Accounting Criteria Followed in Preparation of Financial Information

1d

For For Present Report on Activities Undertaken by Board

1e

For For Present Report of Audit and Corporate Practices Committee

1f

For For Approve Financial Statements and Allocation of Income

2

For For Approve Cash Dividends of MXN 2 Per Share 3

For For Set Maximum Amount of Share Repurchase Reserve

4

Against For Elect Directors and Company Secretary 5


For For Approve Remuneration of Directors and Company Secretary

6

For For Appoint Legal Representatives 7

Vote Summary Report


EDP Renovaveis SA Meeting Date: 04/12/2021 Country: Spain

Meeting Type: Annual Ticker: EDPR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Consolidated and Standalone Financial Statements

For For


For For Approve Consolidated and Standalone Management Reports, and Corporate Governance Report

3

For For Approve Non-Financial Information Statement 4

For For Appraise Management of Company and Approve Vote of Confidence to Board of Directors and Executive Committee

5

For For Reelect Miguel Stilwell de Andrade as Director 6a

For For Reelect Rui Manuel Rodrigues Lopes Teixeira as Director

6b

For For Reelect Vera de Morais Pinto Pereira Carneiro as Director

6c

For For Reelect Ana Paula Garrido de Pina Marques as Director

6d

For For Reelect Manuel Menendez Menendez as Director 6e

For For Reelect Acacio Liberado Mota Piloto as Director 6f

For For Reelect Allan J. Katz as Director 6g

For For Reelect Joan Avalyn Dempsey as Director 6h

For For Elect Antonio Sarmento Gomes Mota as Director 6i

For For Elect Miguel Nuno Simoes Nunes Ferreira Setas as Director

6j

For For Elect Rosa Maria Garcia Garcia as Director 6k

For For Elect Jose Manuel Felix Morgado as Director 6l


For For Renew PricewaterhouseCoopers as Auditor 8

For For Approve Capital Raising 9

For For Approve Dividends Charged Against Reserves 10


11

Vote Summary Report


Info Edge (India) Limited Meeting Date: 04/12/2021 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Scheme of Amalgamation For For

Kesko Oyj Meeting Date: 04/12/2021 Country: Finland

Meeting Type: Annual Ticker: KESKOB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


9



For For Approve Remuneration of Directors in the Amount of EUR 102,000 for Chairman; EUR 63,000 for Vice Chairman, and EUR 47,500 for Other Directors; Approve Meeting Fees; Approve Remuneration for Committee Work

12

For For Fix Number of Directors at Seven 13

For For Reelect Esa Kiiskinen, Peter Fagernas, Jennica Fagerholm, Piia Karhu and Toni Pokela as Directors; Elect Timo Ritakallio and Jussi Perala as New Directors

14



For For Approve Issuance of up to 40 Million Class B Shares without Preemptive Rights

17

For For Approve Charitable Donations of up to EUR 300,000

18

Vote Summary Report


Minerva SA Meeting Date: 04/12/2021 Country: Brazil

Meeting Type: Annual Ticker: BEEF3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Accept Management Statements for Fiscal Year Ended Dec. 31, 2020

2



For For Install Fiscal Council 5

For For Fix Number of Fiscal Council Members at Three 6

For For Elect Dorival Antonio Bianchi as Fiscal Council Member and Marcelo Scaff Padilha as Alternate

7.1

For For Elect Franklin Saldanha Neiva Filho as Fiscal Council Member and Pedro Teixeira Dall'agnol as Alternate

7.2

For For Elect Luiz Manoel Gomes Junior as Fiscal Council Member and Ricardo Alves de Oliveira as Alternate

7.3

Abstain None As an Ordinary Shareholder, Would You Like to Request a Separate Election of a Member of the Fiscal Council, Under the Terms of Article 161 of the Brazilian Corporate Law?

8

Voter Rationale: No fiscal candidate had been put forward at the time of voting.


9


10

Minerva SA Meeting Date: 04/12/2021 Country: Brazil

Meeting Type: Special Ticker: BEEF3

Vote Summary Report


Minerva SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




3

Ningbo Xusheng Auto Technology Co., Ltd. Meeting Date: 04/12/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







For For Approve Application of Bank Credit Lines 7


For For Approve Remuneration Supervisors 9

Petroleo Brasileiro SA Meeting Date: 04/12/2021 Country: Brazil

Meeting Type: Special Ticker: PETR4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Remove Directors For Against

Voter Rationale: Governance concerns around the government intervention in the administration of a publicly traded company.

Vote Summary Report


Petroleo Brasileiro SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For None Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law?

2.1

For For Elect Directors 2.2


2.3

Voter Rationale: Amended slate may not be in shareholders' interests.

For None Percentage of Votes to Be Assigned - Elect Eduardo Bacellar Leal Ferreira as Director

2.4.a

For None Percentage of Votes to Be Assigned - Elect Joaquim Silva e Luna as Director

2.4.b

Abstain None Percentage of Votes to Be Assigned - Elect Ruy Flaks Schneider as Independent Director

2.4.c

Abstain None Percentage of Votes to Be Assigned - Elect Marcio Andrade Weber as Independent Director

2.4.d

Abstain None Percentage of Votes to Be Assigned - Elect Murilo Marroquim de Souza as Independent Director

2.4.e

Abstain None Percentage of Votes to Be Assigned - Elect Sonia Julia Sulzbeck Villalobos as Independent Director

2.4.f

Abstain None Percentage of Votes to Be Assigned - Elect Cynthia Santana Silveira as Independent Director

2.4.g

Abstain None Percentage of Votes to Be Assigned - Elect Ana Silvia Corso Matte as Independent Director

2.4.h

For None Percentage of Votes to Be Assigned - Elect Leonardo Pietro Antonelli as Director Appointed by Minority Shareholder

2.4.i

For None Percentage of Votes to Be Assigned - Elect Marcelo Gasparino da Silva as Director Appointed by Minority Shareholder

2.4.j

For None Percentage of Votes to Be Assigned - Elect Pedro Rodrigues Galvao de Medeiros as Director Appointed by Minority Shareholder

2.4.k

For For Elect Eduardo Bacellar Leal Ferreira as Board Chairman

2.5

Shenzhen Gas Corp. Ltd. Meeting Date: 04/12/2021 Country: China


Vote Summary Report


Shenzhen Gas Corp. Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve to Formulate Company's Long-Term Incentive and Restraint Plan

For For

Shenzhen Senior Technology Material Co., Ltd. Meeting Date: 04/12/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Repurchase and Cancellation of Performance Shares

For For

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Repurchase and Cancellation of Performance Shares

1

Telia Co. AB Meeting Date: 04/12/2021 Country: Sweden

Meeting Type: Annual Ticker: TELIA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Approve Agenda of Meeting 2

For For Designate Inspector(s) of Minutes of Meeting 3

For For Prepare and Approve List of Shareholders 4

For For Acknowledge Proper Convening of Meeting 5


7

Vote Summary Report


Telia Co. AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Allocation of Income and Dividends of SEK 2.00 Per Share

8

For For Approve Discharge of Ingrid Bonde 9.1

For For Approve Discharge of Rickard Gustafson 9.2

For For Approve Discharge of Lars-Johan Jarnheimer 9.3

For For Approve Discharge of Jeanette Jager 9.4

For For Approve Discharge of Olli-Pekka Kallasvuo 9.5

For For Approve Discharge of Nina Linander 9.6

For For Approve Discharge of Jimmy Maymann 9.7

For For Approve Discharge of Anna Settman 9.8

For For Approve Discharge of Olaf Swantee 9.9

For For Approve Discharge of Martin Tiveus 9.10

For For Approve Discharge of Agneta Ahlstrom 9.11

For For Approve Discharge of Stefan Carlsson 9.12

For For Approve Discharge of Hans Gustavsson 9.13

For For Approve Discharge of Martin Saaf 9.14

For For Approve Discharge of Allison Kirkby 9.15

For For Approve Discharge of Christian Luiga 9.16

Against For Approve Remuneration Report 10

Voter Rationale: No variable remuneration

For For Determine Number of Directors (8) and Deputy Directors (0) of Board

11

For For Approve Remuneration of Directors in the Amount of SEK 1.9 Million to Chair, SEK 900,000 to Vice Chair and SEK 640,000 to Other Directors; Approve Remuneration for Committee Work

12

For For Reelect Ingrid Bonde as Director 13.1

For For Elect Luisa Delgado as New Director 13.2

For For Reelect Rickard Gustafson as Director 13.3

For For Reelect Lars-Johan Jarnheimer as Director 13.4

For For Reelect Jeanette Jager as Director 13.5

For For Reelect Nina Linander as Director 13.6

For For Reelect Jimmy Maymann as Director 13.7

Vote Summary Report


Telia Co. AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Martin Tiveus as Director 13.8

For For Reelect Lars-Johan Jarnheimer as Board Chair 14.1

For For Elect Ingrid Bonde as Vice Chair 14.2

For For Determine Number of Auditors (1) and Deputy Auditors (0)

15



For For Approve Nominating Committee Procedures 18


19

For For Approve Performance Share Program 2021/2024 for Key Employees

20.a

For For Approve Equity Plan Financing Through Transfer of Shares

20.b

Against Against Approve 1:3 Reverse Stock Split 21

Voter Rationale: No clear rationale provided.

Against Against Company Shall Review its Routines around that Letters Shall be Answered within Two Months from the Date of Receipt

22

Voter Rationale: No clear rationale provided.

VZ Holding AG Meeting Date: 04/12/2021 Country: Switzerland

Meeting Type: Annual Ticker: VZN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3

Against For Reelect Fred Kindle as Director and Board Chairman

4.1.1

Voter Rationale: Lack of gender diversity on the board.

Vote Summary Report


VZ Holding AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Reelect Roland Iff as Director 4.1.2

Voter Rationale: Non independent Chair of audit committee.

Against For Reelect Albrecht Langhart as Director 4.1.3

Voter Rationale: Lack of independence on the audit committee.

For For Reelect Roland Ledergerber as Director 4.1.4

For For Reelect Olivier de Perregaux as Director 4.1.5

Against For Reappoint Fred Kindle as Member of the Compensation Committee

4.2.1


For For Reappoint Roland Ledergerber as Member of the Compensation Committee

4.2.2

For For Designate Keller KLG as Independent Proxy 5

For For Ratify PricewaterhouseCoopers AG as Auditors 6

For For Approve Remuneration of Directors in the Amount of CHF 410,000

7.1


7.2

For For Approve Variable Remuneration of Executive Committee in the Amount of CHF 2.1 Million

7.3



VZ Holding AG Meeting Date: 04/12/2021 Country: Switzerland

Meeting Type: Annual Ticker: VZN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Wanhua Chemical Group Co. Ltd. Meeting Date: 04/12/2021 Country: China


Vote Summary Report


Wanhua Chemical Group Co. Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



Against For Approve Completion of 2020 Investment Plan and 2021 Investment Plan Report

3





For For Approve Report of the Independent Directors 7

For For Approve Remuneration of Auditor 8


For For Approve Related Party Transaction 10

Against For Approve Provision of Guarantee to Subsidiary and Guarantee Provision Between Subsidiaries

11

Voter Rationale: The level of guarantee to be provided to some of its subsidiaries is disproportionate to the level of ownership.

For For Approve Provision of Guarantee to Joint Venture Enterprise

12

For For Approve Change of Registered Address and Amend Articles of Association

13

For For Approve Issuance of Debt Financing Instruments

14

For For Approve Increase in Foreign Forward Exchange Settlement and Sale as well as Amend Relevant Systems

15

For For Approve Provision of Financial Support 16

For For Approve Merger by Absorption 17


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



Vote Summary Report


Wanhua Chemical Group Co. Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Completion of 2020 Investment Plan and 2021 Investment Plan Report

3






For For Approve Remuneration of Auditor 8



Against For Approve Provision of Guarantee to Subsidiary and Guarantee Provision Between Subsidiaries

11

Voter Rationale: The level of guarantee to be provided to some of its subsidiaries is disproportionate to the level of ownership.

For For Approve Provision of Guarantee to Joint Venture Enterprise

12

For For Approve Change of Registered Address and Amend Articles of Association

13

For For Approve Issuance of Debt Financing Instruments

14

For For Approve Increase in Foreign Forward Exchange Settlement and Sale as well as Amend Relevant Systems

15

For For Approve Provision of Financial Support 16

For For Approve Merger by Absorption 17


Xiamen Intretech, Inc. Meeting Date: 04/12/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




Vote Summary Report


Xiamen Intretech, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



5

For For Approve Guarantee Amount 6

For For Approve Daily Related Party Transaction 7


For For Approve Remuneration of Directors, Supervisors and Senior Management Members

9

A. O. Smith Corporation Meeting Date: 04/13/2021 Country: USA

Meeting Type: Annual Ticker: AOS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Ronald D. Brown For Withhold

Withhold For Elect Director Ilham Kadri 1.2

Withhold For Elect Director Idelle K. Wolf 1.3

For For Elect Director Gene C. Wulf 1.4


2


A-Living Smart City Services Co., Ltd. Meeting Date: 04/13/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve New CMIG PM Agreement, Supplemental Agreement, Second Supplemental Agreement and Related Transactions

For For

Vote Summary Report


Atacadao SA Meeting Date: 04/13/2021 Country: Brazil

Meeting Type: Annual Ticker: CRFB3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


Against None Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law?

4

Voter Rationale: We are not supportive of cumulative voting

For For Fix Number of Directors at Ten 5


Voter Rationale: Lack of independence on the board


7

Voter Rationale: Amended slate may not be in shareholders' interests

Against None In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below?

8

Abstain None Percentage of Votes to Be Assigned - Elect Matthieu Dominique Marie Malige as Director

9.1

Abstain None Percentage of Votes to Be Assigned - Elect Edouard Balthazard Bertrand de Chavagnac as Director

9.2

Abstain None Percentage of Votes to Be Assigned - Elect Noel Frederic Georges Prioux as Director

9.3

Abstain None Percentage of Votes to Be Assigned - Elect Claire Marie Du Payrat as Director

9.4

Abstain None Percentage of Votes to Be Assigned - Elect Jerome Alexis Louis Nanty as Director

9.5

Abstain None Percentage of Votes to Be Assigned - Elect Eduardo Pongracz Rossi as Director

9.6

Abstain None Percentage of Votes to Be Assigned - Elect Abilio dos Santos Diniz as Director

9.7

For None Percentage of Votes to Be Assigned - Elect Luiz Fernando Vendramini Fleury as Independent Director

9.8

Vote Summary Report


Atacadao SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For None Percentage of Votes to Be Assigned - Elect Marcelo Pavao Lacerda as Independent Director

9.9

Abstain None Percentage of Votes to Be Assigned - Elect Marc-Olivier Pierre Jean Francois Rochu as Director

9.10


10

For For Approve Classification of Marcelo Pavao Lacerda and Luiz Fernando Vendramini Fleury as Independent Directors

11


12

Voter Rationale: Lack of transparency

For Against Do You Wish to Request Installation of a Fiscal Council, Under the Terms of Article 161 of the Brazilian Corporate Law?

13

Voter Rationale: Improves oversight

For None In the Event of a Second Call, the Voting Instructions Contained in this Remote Voting Card May Also be Considered for the Second Call?

14

Atacadao SA Meeting Date: 04/13/2021 Country: Brazil

Meeting Type: Special Ticker: CRFB3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




3

Vote Summary Report


Braskem SA Meeting Date: 04/13/2021 Country: Brazil

Meeting Type: Annual Ticker: BRKM5

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 As a Preferred Shareholder, Would You Like to Request a Separate Election of a Member of the Fiscal Council, Under the Terms of Article 161 of the Brazilian Corporate Law?

None For

For None Elect Heloisa Belotti Bedicks as Fiscal Council Member and Reginaldo Ferreira Alexandre as Alternate Appointed by Preferred Shareholder

2

Change Healthcare Inc. Meeting Date: 04/13/2021 Country: USA

Meeting Type: Special Ticker: CHNG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




Dometic Group AB Meeting Date: 04/13/2021 Country: Sweden

Meeting Type: Annual Ticker: DOM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Designate Magnus Billing as Inspector of Minutes of Meeting

2.1

For For Designate Jan Sarlvik as Inspector of Minutes of Meeting

2.2


Vote Summary Report


Dometic Group AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




7.a


7.b

For For Approve Discharge of Fredrik Cappelen 7.c.1

For For Approve Discharge of Erik Olsson 7.c.2

For For Approve Discharge of Helene Vibbleus 7.c.3

For For Approve Discharge of Jacqueline Hoogerbrugge 7.c.4

For For Approve Discharge of Magnus Yngen 7.c.5

For For Approve Discharge of Peter Sjolander 7.c.6

For For Approve Discharge of Rainer E. Schmuckle 7.c.7

For For Approve Discharge of Juan Vargues 7.c.8

For For Determine Number of Members (8) and Deputy Members (0) of Board; Determine Number of Auditors (1) and Deputy Auditors (0)

8

For For Approve Remuneration of Directors in the Amount of SEK 1.1 Million for Chairman andSEK 450,000 for Other Directors; Approve Remuneration for Committee Work

9.1

For For Approve Remuneration of Auditors 9.2

For For Reelect Fredrik Cappelen as Director 10.1

For For Reelect Erik Olsson as Director 10.2

For For Reelect Helene Vibbleus as Director 10.3

For For Reelect Jacqueline Hoogerbrugge as Director 10.4

For For Reelect Magnus Yngen as Director 10.5

For For Reelect Peter Sjolander as Director 10.6

For For Reelect Rainer E. Schmuckle as Director 10.7

For For Elect Mengmeng Du as New Director 10.8

For For Relect Fredrik Cappelen as Board Chair 10.9


For For Authorize Chairman of Board and Representatives of Three of Company's Largest Shareholders to Serve on Nominating Committee

12

Vote Summary Report


Dometic Group AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Voter Rationale: Retrospective adjustments to the long term awards which reduced performance periods to less than three years.

For For Approve Issuance of up to 10 Percent of Share Capital without Preemptive Rights

14

For For Amend Articles Re: Collecting of Proxies and Postal Voting

15

Fifth Third Bancorp Meeting Date: 04/13/2021 Country: USA

Meeting Type: Annual Ticker: FITB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Nicholas K. Akins For For

For For Elect Director B. Evan Bayh, III 1b

For For Elect Director Jorge L. Benitez 1c

For For Elect Director Katherine B. Blackburn 1d

For For Elect Director Emerson L. Brumback 1e

For For Elect Director Greg D. Carmichael 1f

For For Elect Director Linda W. Clement-Holmes 1g

For For Elect Director C. Bryan Daniels 1h

For For Elect Director Mitchell S. Feiger 1i

For For Elect Director Thomas H. Harvey 1j

For For Elect Director Gary R. Heminger 1k

For For Elect Director Jewell D. Hoover 1l

For For Elect Director Eileen A. Mallesch 1m

For For Elect Director Michael B. McCallister 1n

For For Elect Director Marsha C. Williams 1o




3

Vote Summary Report


Fifth Third Bancorp Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

One Year One Year Advisory Vote on Say on Pay Frequency 4

For For Approve Omnibus Stock Plan 5

For For Eliminate Supermajority Vote Requirement 6

For For Eliminate Cumulative Voting 7

Genmab A/S Meeting Date: 04/13/2021 Country: Denmark

Meeting Type: Annual Ticker: GMAB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Accept Financial Statements and Statutory Reports; Approve Discharge of Management and Board

For For


3


For For Reelect Deirdre P. Connelly as Director 5.a

For For Reelect Pernille Erenbjerg as Director 5.b

Abstain For Reelect Rolf Hoffmann as Director 5.c


For For Reelect Paolo Paoletti as Director 5.d

For For Reelect Jonathan Peacock as Director 5.e

For For Reelect Anders Gersel Pedersen as Director 5.f


Against For Approve Remuneration of Directors in the Amount of DKK 1.2 Million for Chairman, DKK 900,000 for Vice Chairman, and DKK 600,000 for Other Directors (if item 7.b is Approved); Approve Remuneration for Committee Work; Approve Meeting Fees

7.a

Voter Rationale: Excessive compared to peers.

For For Amendment to Remuneration Policy for Board of Directors and Executive Management (base fee multiplier for Chair and Deputy Chair)

7.b

Vote Summary Report


Genmab A/S Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Adoption of amended Remuneration Policy for Board of Directors and Executive Management (certain other changes)

7.c

For For Authorize Share Repurchase Program 7.d


7.e

For For Approve Issuance of Warrants without Preemptive Rights; Approve Creation of DKK 750,000 Pool of Capital to Guarantee Conversion Rights

7.f


7.g


8

Genmab A/S Meeting Date: 04/13/2021 Country: Denmark

Meeting Type: Annual Ticker: GMAB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Accept Financial Statements and Statutory Reports; Approve Discharge of Management and Board

For For


3


For For Reelect Deirdre P. Connelly as Director 5.a

For For Reelect Pernille Erenbjerg as Director 5.b

Abstain For Reelect Rolf Hoffmann as Director 5.c


For For Reelect Paolo Paoletti as Director 5.d

For For Reelect Jonathan Peacock as Director 5.e

For For Reelect Anders Gersel Pedersen as Director 5.f

Vote Summary Report


Genmab A/S Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Against For Approve Remuneration of Directors in the Amount of DKK 1.2 Million for Chairman, DKK 900,000 for Vice Chairman, and DKK 600,000 for Other Directors (if item 7.b is Approved); Approve Remuneration for Committee Work; Approve Meeting Fees

7.a

Voter Rationale: Excessive fees compared to peers.

For For Amendment to Remuneration Policy for Board of Directors and Executive Management (base fee multiplier for Chair and Deputy Chair)

7.b

For For Adoption of amended Remuneration Policy for Board of Directors and Executive Management (certain other changes)

7.c

For For Authorize Share Repurchase Program 7.d


7.e

For For Approve Issuance of Warrants without Preemptive Rights; Approve Creation of DKK 750,000 Pool of Capital to Guarantee Conversion Rights

7.f


7.g


8

HP Inc. Meeting Date: 04/13/2021 Country: USA

Meeting Type: Annual Ticker: HPQ

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Aida M. Alvarez For For

For For Elect Director Shumeet Banerji 1b

For For Elect Director Robert R. Bennett 1c

For For Elect Director Charles "Chip" V. Bergh 1d

Vote Summary Report


HP Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Stacy Brown-Philpot 1e

For For Elect Director Stephanie A. Burns 1f

For For Elect Director Mary Anne Citrino 1g

For For Elect Director Richard L. Clemmer 1h

For For Elect Director Enrique J. Lores 1i

For For Elect Director Judith "Jami" Miscik 1j

For For Elect Director Subra Suresh 1k




3

For Against Provide Right to Act by Written Consent 4

Voter Rationale: This proposal is would enhance shareholder rights.

Human Soft Holding Co. KSCC Meeting Date: 04/13/2021 Country: Kuwait

Meeting Type: Annual Ticker: HUMANSOFT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3

For For Approve Special Report on Violations and Penalties for FY 2020

4

Against For Approve Corporate Governance Report for FY 2020

5


For For Approve Internal Audit Committee Report for FY 2020

6

For For Approve Discontinuing the Transfer from Net Income to Legal Reserve for FY 2020

7

Vote Summary Report


Human Soft Holding Co. KSCC Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discontinuing the Transfer from Net Income to Optional Reserve for FY 2020

8

For For Approve Dividends of KWD 0.400 Per Share for FY 2020

9

Against For Approve Board and Executive Management Remuneration Report for FY 2020

10


For For Approve Remuneration of Directors of KWD 200,000 for FY 2020

11

For For Approve Related Party Transactions for FY 2020 and FY 2021

12

For For Authorize Share Repurchase Program of Up to 10 Percent of Issued Share Capital

13



15

HUYA, Inc. Meeting Date: 04/13/2021 Country: Cayman Islands

Meeting Type: Annual Ticker: HUYA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Director Tsang Wah Kwong For For

IQVIA Holdings Inc. Meeting Date: 04/13/2021 Country: USA

Meeting Type: Annual Ticker: IQV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Ari Bousbib For For

For For Elect Director John M. Leonard 1.2

Withhold For Elect Director Todd B. Sisitsky 1.3

One Year None Advisory Vote on Say on Pay Frequency 2

Vote Summary Report


IQVIA Holdings Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Eliminate Supermajority Vote Requirement to Amend Bylaws

3a

For For Eliminate Supermajority Vote Requirement for Removal of Directors

3b


Lakeland Financial Corporation Meeting Date: 04/13/2021 Country: USA

Meeting Type: Annual Ticker: LKFN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Blake W. Augsburger For For

For For Elect Director Robert E. Bartels, Jr. 1.2

For For Elect Director Darrianne P. Christian 1.3

For For Elect Director Daniel F. Evans, Jr. 1.4

For For Elect Director David M. Findlay 1.5

For For Elect Director Michael L. Kubacki 1.6

For For Elect Director Emily E. Pichon 1.7

For For Elect Director Steven D. Ross 1.8

For For Elect Director Brian J. Smith 1.9

For For Elect Director Bradley J. Toothaker 1.10

For For Elect Director Ronald D. Truex 1.11

For For Elect Director M. Scott Welch 1.12


2

For For Ratify Crowe LLP as Auditors 3

OC Oerlikon Corp. AG Meeting Date: 04/13/2021 Country: Switzerland

Meeting Type: Annual Ticker: OERL

Vote Summary Report


OC Oerlikon Corp. AG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


For For Reelect Michael Suess as Director and Board Chairman

4.1.1

For For Reelect Paul Adams as Director 4.1.2

For For Reelect Irina Matveeva as Director 4.1.3

For For Reelect Alexey Moskov as Director 4.1.4

For For Reelect Gerhard Pegam as Director 4.1.5

For For Reelect Suzanne Thoma as Director 4.1.6

For For Elect Juerg Fedier as Director 4.2

For For Reappoint Michael Suess as Member of the Human Resources Committee

5.1.1

For For Reappoint Alexey Moskov as Member of the Human Resources Committee

5.1.2

For For Reappoint Gerhard Pegam as Member of the Human Resources Committee

5.1.3

For For Reappoint Suzanne Thoma as Member of the Human Resources Committee

5.1.4

For For Appoint Paul Adams as Member of the Human Resources Committee

5.2



7


For For Approve Remuneration of Directors in the Amount of CHF 2.6 Million from the 2021 AGM Until 2022 AGM

9

For For Approve Fixed Remuneration of Executive Committee in the Amount of CHF 4 Million for the Period July 1, 2021 - June 30, 2022

10

For For Approve Variable Remuneration of Executive Committee in the Amount of CHF 3.4 Million for the Period Jan. 1 - Dec. 31, 2020

11



Vote Summary Report


OC Oerlikon Corp. AG Meeting Date: 04/13/2021 Country: Switzerland

Meeting Type: Annual Ticker: OERL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Saab AB Meeting Date: 04/13/2021 Country: Sweden

Meeting Type: Annual Ticker: SAAB.B

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Designate Ossian Ekdahl as Inspector of Minutes of Meeting

2.1

For For Designate Anders Algotsson as Inspector of Minutes of Meeting

2.2





8.a


8.b

For For Approve Discharge of Sten Jakobsson 8.c1

For For Approve Discharge of Micael Johansson 8.c2

For For Approve Discharge of Danica Kragic Jensfelt 8.c3

For For Approve Discharge of Sara Mazur 8.c4

For For Approve Discharge of Johan Menckel 8.c5

For For Approve Discharge of Daniel Nodhall 8.c6

For For Approve Discharge of Bert Nordberg 8.c7

For For Approve Discharge of Cecilia Stego Chilo 8.c8

For For Approve Discharge of Erika Soderberg Johnson 8.c9

Vote Summary Report


Saab AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discharge of Marcus Wallenberg 8.c10

For For Approve Discharge of Joakim Westh 8.c11

For For Approve Discharge of Employee Representative Goran Andersson

8.c12

For For Approve Discharge of Employee Representative Stefan Andersson

8.c13

For For Approve Discharge of Employee Representative Goran Gustavsson

8.c14

For For Approve Discharge of Employee Representative Nils Lindskog

8.c15

For For Approve Discharge of Employee Representative Magnus Gustafsson

8.c16

For For Approve Discharge of Deputy Employee Representative Conny Holm

8.c17

For For Approve Discharge of Deputy Employee Representative Tina Mikkelsen

8.c18

For For Approve Discharge of President Micael Johansson

8.c19

For For Determine Number of Members (11) and Deputy Members (0) of Board

9.1


9.2

For For Approve Remuneration of Directors in the Amount of SEK 1.98 Million to Chairman, SEK 725,000 for Vice Chairman, and SEK 645,000 for Other Directors; Approve Remuneration for Committee Work

10.1


For For Elect Henrik Henriksson as New Director 11.a

For For Reelect Micael Johansson as Director 11.b

For For Reelect Danica Kragic Jensfelt as Director 11.c

For For Reelect Sara Mazur as Director 11.d

For For Reelect Johan Menckel as Director 11.e

For For Reelect Daniel Nodhall as Director 11.f

For For Reelect Bert Nordberg as Director 11.g

For For Reelect Cecilia Stego Chilo as Director 11.h

For For Reelect Erika Soderberg Johnson as Director 11.i

For For Reelect Marcus Wallenberg as Director 11.j

For For Reelect Joakim Westh as Director 11.k

Vote Summary Report


Saab AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Marcus Wallenberg as Board Chairman 11.l




14

Against For Approve 2022 Share Matching Plan for All Employees; Approve 2022 Performance Share Program for Key Employees; Approve Special Projects 2022 Incentive Plan

15.a

Voter Rationale: Performance periods are not long term in nature.

Against For Approve Equity Plan Financing 15.b


Against For Approve Third Party Swap Agreement as Alternative Equity Plan Financing

15.c


For For Authorize Share Repurchase Program 16.a

For For Authorize Reissuance of Repurchased Shares 16.b

Against For Approve Transfer of Shares for Previous Year's Incentive Programs

16.c


For For Amend Articles Re: Participation at General Meetings

17

Against Against Stop All of Saab's Deliveries of Military Technology and Equipment to the Belligerent Parties in the War in Yemen

18

Voter Rationale: The company is asked to end sale and delivery of military technology and equipement to belligerant parties involved in the war in Yemen. Whilst this is clearly a very important and sensitive issue, we continue to believe that this is an issue that the board should be better positioned to address. Thus a vote "against" is warranted at this point.

Sanoma Oyj Meeting Date: 04/13/2021 Country: Finland

Meeting Type: Annual Ticker: SAA1V

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


Sanoma Oyj Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


8



For For Approve Monthly Remuneration of Directors in the Amount of EUR 12,000 for Chairman, EUR 7,000 for Deputy Chair, and EUR 6,000 for Other Directors; Approve Meeting Fees and Remuneration of Committee Work

11

For For Fix Number of Directors at Nine 12

For For Reelect Pekka Ala-Pietila (Chair), Julian Drinkall, Rolf Grisebach, Mika Ihamuotila, Nils Ittonen (Vice Chair), Denise Koopmans, Sebastian Langenskiold and Rafaela Seppala as Directors; Elect Anna Herlin as New Director

13




For For Approve Issuance of up to 16 Million New Shares and 5 Million Treasury Shares without Preemptive Rights

17

Swedish Match AB Meeting Date: 04/13/2021 Country: Sweden

Meeting Type: Annual Ticker: SWMA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Open Meeting; Elect Chairman of Meeting For For


For For Designate Peter Lundkvist and Filippa Gerstadt Inspectors of Minutes of Meeting

3





7

Vote Summary Report


Swedish Match AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


8

For For Approve Discharge of Charles A. Blixt 9.a

For For Approve Discharge of Andrew Cripps 9.b

For For Approve Discharge of Jacqueline Hoogerbrugge 9.c

For For Approve Discharge of Conny Carlsson 9.d

For For Approve Discharge of Alexander Lacik 9.e

For For Approve Discharge of Pauline Lindwall 9.f

For For Approve Discharge of Wenche Rolfsen 9.g

For For Approve Discharge of Joakim Westh 9.h

For For Approve Discharge of Patrik Engelbrektsson 9.i

For For Approve Discharge of Par-Ola Olausson 9.j

For For Approve Discharge of Dragan Popovic 9.k

For For Approve Discharge of Lars Dahlgren 9.l


10

For For Approve Remuneration of Directors in the Amount of SEK 2.25 million to Chair, SEK 1.04 Million to Vice Chair and SEK 900,000 to Other Directors; Approve Remuneration for Committee Work

11

For For Reelect Charles A. Blixt as Director 12.a

For For Reelect Andrew Cripps as Director 12.b

For For Reelect Jacqueline Hoogerbrugge as Director 12.c

For For Reelect Conny Carlsson as Director 12.d

For For Reelect Alexander Lacik as Director 12.e

For For Reelect Pauline Lindwall as Director 12.f

Against For Reelect Wenche Rolfsen as Director 12.g

Voter Rationale: Overboarding concerns as hold two other Chairmanships.

For For Reelect Joakim Westh as Director 12.h

For For Reelect Conny Karlsson as Board Chair 12.i

For For Reelect Andrew Cripps as Deputy Director 12.j


13


Vote Summary Report


Swedish Match AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Approve SEK 10.8 Million Reduction in Share Capital via Share Cancellation

16.a

For For Approve Bonus Issue 16.b


For For Authorize Reissuance of Repurchased Shares 18

For For Approve Issuance of Shares up to 10 Per cent of Share Capital without Preemptive Rights

19

For For Amend Articles Re: Equity-Related; Set Minimum (SEK 200 Million) and Maximum (SEK 800 Million) Share Capital; Set Minimum (1 Billion) and Maximum (4 Billion) Number of Shares

20.a

For For Approve 10:1 Stock Split 20.b

For For Amend Articles of Association Re: Editorial Changes

21

Tecan Group AG Meeting Date: 04/13/2021 Country: Switzerland

Meeting Type: Annual Ticker: TECN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2.1

For For Approve Transfer of CHF 13.1 Million from Legal Reserves to Free Reserves and Repayment of CHF 1.15 per Share

2.2


3

For For Reelect Lukas Braunschweiler as Director 4.1.1

For For Reelect Oliver Fetzer as Director 4.1.2

For For Reelect Heinrich Fischer as Director 4.1.3

For For Reelect Karen Huebscher as Director 4.1.4

For For Reelect Christa Kreuzburg as Director 4.1.5

Vote Summary Report


Tecan Group AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Daniel Marshak as Director 4.1.6

For For Reelect Lukas Braunschweiler as Board Chairman

4.2

For For Reappoint Oliver Fetzer as Member of the Compensation Committee

4.3.1

For For Reappoint Christa Kreuzburg as Member of the Compensation Committee

4.3.2

For For Reappoint Daniel Marshak as Member of the Compensation Committee

4.3.3



4.5



5.2


5.3



Tecan Group AG Meeting Date: 04/13/2021 Country: Switzerland

Meeting Type: Annual Ticker: TECN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


The Bank of New York Mellon Corporation Meeting Date: 04/13/2021 Country: USA

Meeting Type: Annual Ticker: BK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Linda Z. Cook For For

Vote Summary Report


The Bank of New York Mellon Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Joseph J. Echevarria 1b

For For Elect Director Thomas P. "Todd" Gibbons 1c

For For Elect Director M. Amy Gilliland 1d

For For Elect Director Jeffrey A. Goldstein 1e

For For Elect Director K. Guru Gowrappan 1f

For For Elect Director Ralph Izzo 1g

For For Elect Director Edmund F. "Ted" Kelly 1h

For For Elect Director Elizabeth E. Robinson 1i

For For Elect Director Samuel C. Scott, III 1j

For For Elect Director Frederick O. Terrell 1k

For For Elect Director Alfred W. "AI" Zollar 1l


2


For Against Reduce Ownership Threshold for Shareholders to Request Action by Written Consent

4

Voter Rationale: A reduction in the ownership threshold required to request a record date to initiate written consent would provide for a more meaningful written consent right for shareholders.

The Bank of Nova Scotia Meeting Date: 04/13/2021 Country: Canada

Meeting Type: Annual Ticker: BNS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Nora A. Aufreiter For For

For For Elect Director Guillermo E. Babatz 1.2

For For Elect Director Scott B. Bonham 1.3

For For Elect Director Lynn K. Patterson 1.4

For For Elect Director Michael D. Penner 1.5

For For Elect Director Brian J. Porter 1.6

For For Elect Director Una M. Power 1.7

Vote Summary Report


The Bank of Nova Scotia Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Aaron W. Regent 1.8

For For Elect Director Calin Rovinescu 1.9

For For Elect Director Susan L. Segal 1.10

For For Elect Director L. Scott Thomson 1.11

For For Elect Director Benita M. Warmbold 1.12


Against For Advisory Vote on Executive Compensation Approach

3

Voter Rationale: Pay-for-performance misalignment.


4.4


Against Against SP 2: Disclose the Compensation Ratio (Equity Ratio) Used by the Compensation Committee

4.5

For Against SP 3: Set a Diversity Target of More than 40% of the Board Members for the Next Five Years

4.6

Voter Rationale: The company is being asked to set a target of 40% representation of both sexes on its board for the next five years. We commend the company for the progress is has made to date, and recognise that the company exceeds this target for nominee directors. We are keen for the bank to continue to have strong gender diversity on future boards and therefore support this resolution. Please note that we believe there would be sufficient flexibility for the company to appoint candidates with a suitable skill set as we are asking the company to adopt a target rather than a strict quota.

Toly Bread Co. Ltd. Meeting Date: 04/13/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction





For For Approve Financial Budget Report 5

Vote Summary Report


Toly Bread Co. Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


6


For For Approve Remuneration of Non-Independent Directors Wu Xueliang, Wu Xuequn, Sheng Yali, Wu Xuedong and Sheng Long

8.1

For For Approve Remuneration of Independent Directors Song Changfa, Liu Chengqing, Wu Fei and Huang Yu

8.2


For For Approve Use of Idle Own Funds to Invest in Entrusted Financial Products

10


For For Approve Use of Idle Raised Funds to Invest in Entrusted Financial Products

12


For For Amend Rules and Procedures Regarding General Meetings of Shareholders

14

For For Amend Rules and Procedures Regarding Meetings of Board of Directors

15

For For Amend the Independent Director System 16

For For Amend the Controlled Subsidiaries Management System

17

For For Amend External Guarantee Management System 18

For For Amend External Investment Management System

19

For For Amend the Raised Funds Usage and Management System

20

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction






Vote Summary Report


Toly Bread Co. Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


6


For For Approve Remuneration of Non-Independent Directors Wu Xueliang, Wu Xuequn, Sheng Yali, Wu Xuedong and Sheng Long

8.1

For For Approve Remuneration of Independent Directors Song Changfa, Liu Chengqing, Wu Fei and Huang Yu

8.2


For For Approve Use of Idle Own Funds to Invest in Entrusted Financial Products

10


For For Approve Use of Idle Raised Funds to Invest in Entrusted Financial Products

12



14


15

For For Amend the Independent Director System 16

For For Amend the Controlled Subsidiaries Management System

17


For For Amend External Investment Management System

19

For For Amend the Raised Funds Usage and Management System

20

Zug Estates Holding AG Meeting Date: 04/13/2021 Country: Switzerland

Meeting Type: Annual Ticker: ZUGN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


Zug Estates Holding AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



For For Approve Allocation of Income and Dividends of CHF 4.40 per Category A Registered Share and CHF 44.00 per Category B Registered Share

2


3.1


3.2


4

Against For Elect Armin Meier as Shareholder Representative of Series B Registered Shares

5.1


For For Reelect Beat Schwab as Director 5.2.1

Against For Reelect Annelies Buhofer as Director 5.2.2


Against For Reelect Armin Meier as Director 5.2.3


Against For Reelect Johannes Stoeckli as Director 5.2.4


Against For Reelect Martin Wipfli as Director 5.2.5

Voter Rationale: Over boarding concerns and lack of independence.

For For Reelect Beat Schwab as Board Chairman 5.3

Against For Reappoint Armin Meier as Member of the Personnel and Compensation Committee

5.4.1

Voter Rationale: Election does not warrant support.

Against For Reappoint Martin Wipfli as Member of the Personnel and Compensation Committee

5.4.2

Voter Rationale: Election does not warrant support.

For For Designate Blum & Partner AG as Independent Proxy

5.5




Vote Summary Report


Zug Estates Holding AG Meeting Date: 04/13/2021 Country: Switzerland

Meeting Type: Annual Ticker: ZUGN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Acerinox SA Meeting Date: 04/14/2021 Country: Spain

Meeting Type: Annual Ticker: ACX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Approve Dividends 5


For For Reelect Tomas Hevia Armengol as Director 7.1

For For Reelect Laura Gonzalez Molero as Director 7.2

For For Reelect Rosa Maria Garcia Pineiro as Director 7.3

For For Reelect Marta Martinez Alonso as Director 7.4

For For Renew Appointment of PricewaterhouseCoopers as Auditor

8

Against For Authorize Issuance of Convertible Bonds, Debentures, Warrants, and Other Debt Securities up to EUR 600 Million with Exclusion of Preemptive Rights up to 20 Percent of Capital

9


For For Authorize Issuance of Convertible Bonds, Debentures, Warrants, and Other Debt Securities with Preemptive Rights up to EUR 1 Billion

10


Vote Summary Report


Acerinox SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Authorize Share Repurchase Program and Reissuance of Repurchased Shares to Service Long-Term Incentive Plan

12



14

AFC Energy Plc Meeting Date: 04/14/2021 Country: United Kingdom

Meeting Type: Annual Ticker: AFC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Against For Re-elect Joe Mangion as Director 2

Voter Rationale: All male board and Mr Mangion sits on the nominating committee.

For For Reappoint Grant Thornton UK LLP as Auditors 3




6

Airbus SE Meeting Date: 04/14/2021 Country: Netherlands

Meeting Type: Annual Ticker: AIR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

4.1 Adopt Financial Statements For For

For For Approve Discharge of Non-Executive Members of the Board of Directors

4.2

For For Approve Discharge of Executive Members of the Board of Directors

4.3

Vote Summary Report


Airbus SE Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


4.4

For For Approve Implementation of Remuneration Policy 4.5

For For Reelect Rene Obermann as Non-Executive Director

4.6

For For Reelect Amparo Moraleda as Non-Executive Director

4.7

For For Reelect Victor Chu as Non-Executive Director 4.8

For For Reelect Jean-Pierre Clamadieu as Non-Executive Director

4.9

For For Grant Board Authority to Issue Shares Up To 0.51 Percent of Issued Capital and Exclude Preemptive Rights Re: ESOP and LTIP Plans

4.10

For For Grant Board Authority to Issue Shares Up To 1.15 Percent of Issued Capital and Exclude Preemptive Rights Re: Company Funding

4.11


4.12

For For Approve Cancellation of Repurchased Shares 4.13

Borregaard ASA Meeting Date: 04/14/2021 Country: Norway

Meeting Type: Annual Ticker: BRG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Notice of Meeting and Agenda; Elect Chairman and Minute Keepers

For For

For For Accept Financial Statements and Statutory Reports; Approve Allocation of Income and Dividends of NOK 2.50 Per Share

2


3

For For Approve Repurchase and Conveyance of Shares in Connection to Incentive Plans

5.1


5.2

For For Elect Directors (Voting for All items 6.1-6.5 Bundled)

6a

Vote Summary Report


Borregaard ASA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Helge Aasen as Director 6a.1

For For Reelect Terje Andersen as Director 6a.2

For For Reelect Tove Andersen as Director 6a.3

For For Reelect Margrethe Hauge as Director 6a.4

For For Elect John Arne Ulvan as Director 6a.5

For For Elect Helge Aasen as Board Chair 6b

For For Elect Members of Nominating Committee (Voting for All items 7a.1-7a.3 Bundled)

7a

For For Reelect Mimi K. Berdal as Member of Nominating Committee

7a.1

For For Reelect Erik Must as Member of Nominating Committee

7a.2

For For Reelect Rune Selmar as Member of Nominating Committee

7a.3

For For Reelect Mimi K. Berdal as Nominating Committee Chairman

7b



9


Capitaland Integrated Commercial Trust Meeting Date: 04/14/2021 Country: Singapore

Meeting Type: Annual Ticker: C38U

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Adopt Report of the Trustee, Statement by the Manager, and Audited Financial Statements and Auditors' Report

For For

For For Approve KPMG LLP as Auditors and Authorize Manager to Fix Their Remuneration

2


3

Voter Rationale: 20% is excessive potential dilution for a larger REIT.

For For Authorize Unit Repurchase Program 4

Vote Summary Report


Compania Cervecerias Unidas SA Meeting Date: 04/14/2021 Country: Chile

Meeting Type: Annual Ticker: CCU

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Receive Chairman's Report For For

For For Approve Consolidated Financial Statements and Statutory Reports

2

For For Approve Allocation of Income and Dividends of CLP 139.17 per Share

3

For For Present Dividend Policy and Distribution Procedures

4




For For Approve Remuneration and Budget of Directors' Committee

7

For For Approve Remuneration and Budget of Audit Committee

8

For For Appoint Auditors 9

For For Designate Risk Assessment Companies 10

For For Receive Directors' Committee Report on Activities

11

For For Receive Report Regarding Related-Party Transactions

12



EDP-Energias de Portugal SA Meeting Date: 04/14/2021 Country: Portugal

Meeting Type: Annual Ticker: EDP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Vote Summary Report


EDP-Energias de Portugal SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Appraise Management of Company and Approve Vote of Confidence to Management Board

3.1

For For Appraise Supervision of Company and Approve Vote of Confidence to Supervisory Board

3.2

For For Appraise Work Performed by Statutory Auditor and Approve Vote of Confidence to Statutory Auditor

3.3

For For Authorize Repurchase and Reissuance of Shares 4

For For Authorize Repurchase and Reissuance of Repurchased Debt Instruments

5

For For Authorize Increase in Capital Up to 10 Percent via Issuance of Equity or Equity-Linked Securities without Preemptive Rights

6

For For Amend Articles 7

For For Eliminate Preemptive Rights 8

For For Approve Statement on Remuneration Policy Applicable to Executive Board

9

For For Approve Statement on Remuneration Policy Applicable to Other Corporate Bodies

10

For For Elect Corporate Bodies for 2021-2023 Term 11.1

For For Appoint PricewaterhouseCoopers & Associados - Sociedade de Revisores de Contas, Lda. as Auditor and Aurelio Adriano Rangel Amado as Alternate for 2021-2023 Term

11.2

For For Elect General Meeting Board for 2021-2023 Term

11.3

For For Elect Remuneration Committee for 2021-2023 Term

11.4

For For Approve Remuneration of Remuneration Committee Members

11.5

For For Elect Environment and Sustainability Board for 2021-2023 Term

11.6

Geberit AG Meeting Date: 04/14/2021 Country: Switzerland

Meeting Type: Annual Ticker: GEBN

Vote Summary Report


Geberit AG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


For For Reelect Albert Baehny as Director and Board Chairman

4.1.1

For For Reelect Felix Ehrat as Director 4.1.2

For For Reelect Werner Karlen as Director 4.1.3

For For Reelect Bernadette Koch as Director 4.1.4

For For Reelect Eunice Zehnder-Lai as Director 4.1.5

For For Elect Thomas Bachmann as Director 4.1.6

For For Reappoint Werner Karlen as Member of the Compensation Committee

4.2.1

For For Reappoint Eunice Zehnder-Lai as Member of the Compensation Committee

4.2.2

For For Appoint Thomas Bachmann as Member of the Compensation Committee

4.2.3

For For Designate Roger Mueller as Independent Proxy 5




7.2


7.3

For For Approve CHF 116,709 Reduction in Share Capital as Part of the Share Buyback Program via Cancellation of Repurchased Shares

8



Geberit AG Meeting Date: 04/14/2021 Country: Switzerland

Meeting Type: Annual Ticker: GEBN

Vote Summary Report


Geberit AG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Gurit Holding AG Meeting Date: 04/14/2021 Country: Switzerland

Meeting Type: Annual Ticker: GUR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Allocation of Income and Dividends of CHF 30 per Bearer Share and CHF 6 per Registered Share

2


3

For For Reelect Peter Leupp as Director and Board Chairman

4.1

For For Reelect Stefan Breitenstein as Director 4.2.1

For For Reelect Bettina Gerharz-Kalte as Director 4.2.2

For For Reelect Nick Huber as Director 4.2.3

For For Reelect Philippe Royer as Director 4.2.4

For For Elect Rudolf Hadorn as Director 4.3

For For Reappoint Bettina Gerharz-Kalte as Member of the Compensation Committee

4.4.1

For For Reappoint Nick Huber as Member of the Compensation Committee

4.4.2

For For Reappoint Peter Leupp as Member of the Compensation Committee

4.4.3

For For Designate Brunner Knobel Rechtsanwaelte as Independent Proxy

4.5



Voter Rationale: Long term incentive plan has a performance period less than three years and is not entirely performance based.

Vote Summary Report


Gurit Holding AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


6

For For Approve Fixed Remuneration of Executive Committee in the Amount of CHF 3.3 Million for the Period July 1, 2021 - June 30, 2022

7

For For Approve Performance-Based Remuneration of Executive Committee in the Amount of CHF 3.8 Million for the Period January 1, 2021 - December 31, 2021

8



Hewlett Packard Enterprise Company Meeting Date: 04/14/2021 Country: USA

Meeting Type: Annual Ticker: HPE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Daniel Ammann For For

For For Elect Director Pamela L. Carter 1b

For For Elect Director Jean M. Hobby 1c

For For Elect Director George R. Kurtz 1d

For For Elect Director Raymond J. Lane 1e

For For Elect Director Ann M. Livermore 1f

For For Elect Director Antonio F. Neri 1g

For For Elect Director Charles H. Noski 1h

For For Elect Director Raymond E. Ozzie 1i

For For Elect Director Gary M. Reiner 1j

For For Elect Director Patricia F. Russo 1k

For For Elect Director Mary Agnes Wilderotter 1l




4


Vote Summary Report


Husqvarna AB Meeting Date: 04/14/2021 Country: Sweden

Meeting Type: Annual Ticker: HUSQ.B

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







7.a


7.b

For For Approve Discharge of Board Member Tom Johnstone

7.c1

For For Approve Discharge of Board Member Ulla Litzen 7.c2

For For Approve Discharge of Board Member Katarina Martinson

7.c3

For For Approve Discharge of Board Member Bertrand Neuschwander

7.c4

For For Approve Discharge of Board Member Daniel Nodhall

7.c5

For For Approve Discharge of Board Member Lars Pettersson

7.c6

For For Approve Discharge of Board Member Christine Robins

7.c7

For For Approve Discharge of CEO Henric Andersson 7.c8


8.a


8.b

For For Approve Remuneration of Directors in the Amount of SEK 2.08 Million to Chairman and SEK 600,000 to Other Directors; Approve Remuneration for Committee Work; Approve Meeting Fees

9

For For Reelect Tom Johnstone as Director 10.a1

For For Reelect Katarina Martinson as Director 10.a2

For For Reelect Bertrand Neuschwander as Director 10.a3

Vote Summary Report


Husqvarna AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Daniel Nodhall as Director 10.a4

For For Reelect Lars Pettersson as Director 10.a5

For For Reelect Christine Robins as Director 10.a6

For For Reelect Henric Andersson as Director 10.a7

For For Elect Ingrid Bonde as New Director 10.a8

For For Elect Tom Johnstone as Board Chairman 10.b

For For Ratify KPMG as Auditors 11.a

For For Approve Remuneration of Auditors 11.b



13

Against For Approve Performance Share Incentive Program LTI 2021

14

Voter Rationale: Lack of disclosure so unable to assess the stretch of the plan.

Against For Approve Equity Plan Financing 15


For For Approve Issuance of 57.6 Million Class B Shares without Preemptive Rights

16

For For Amend Articles Re: Participation at General Meetings

17

Julius Baer Gruppe AG Meeting Date: 04/14/2021 Country: Switzerland

Meeting Type: Annual Ticker: BAER

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



2


3

Vote Summary Report


Julius Baer Gruppe AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Remuneration of Board of Directors in the Amount of CHF 3.9 Million from 2021 AGM Until 2022 AGM

4.1

For For Approve Variable Cash-Based Remuneration of Executive Committee in the Amount of CHF 11.6 Million for Fiscal 2020

4.2.1

For For Approve Variable Share-Based Remuneration of Executive Committee in the Amount of CHF 11.5 Million for Fiscal 2021

4.2.2

For For Approve Fixed Remuneration of Executive Committee in the Amount of CHF 9.2 Million for Fiscal 2021

4.2.3

For For Reelect Romeo Lacher as Director 5.1.1

For For Reelect Gilbert Achermann as Director 5.1.2

For For Reelect Heinrich Baumann as Director 5.1.3

For For Reelect Richard Campbell-Breeden as Director 5.1.4

For For Reelect Ivo Furrer as Director 5.1.5

For For Reelect Claire Giraut as Director 5.1.6

For For Reelect Kathryn Shih as Director 5.1.7

For For Reelect Eunice Zehnder-Lai as Director 5.1.8

For For Reelect Olga Zoutendijk as Director 5.1.9

For For Elect David Nicol as Director 5.2

For For Reelect Romeo Lacher as Board Chairman 5.3

For For Reappoint Gilbert Achermann as Member of the Compensation Committee

5.4.1

For For Reappoint Richard Campbell-Breeden as Member of the Compensation Committee

5.4.2

For For Appoint Kathryn Shih as Member of the Compensation Committee (as per Sep. 1, 2020)

5.4.3

For For Reappoint Eunice Zehnder-Lai as Member of the Compensation Committee

5.4.4


For For Designate Marc Nater as Independent Proxy 7


8

For For Amend Articles Re: Editorial Changes 9

Vote Summary Report


Julius Baer Gruppe AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



Julius Baer Gruppe AG Meeting Date: 04/14/2021 Country: Switzerland

Meeting Type: Annual Ticker: BAER

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Koninklijke Ahold Delhaize NV Meeting Date: 04/14/2021 Country: Netherlands

Meeting Type: Annual Ticker: AD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

4 Adopt Financial Statements For For

For For Approve Dividends of EUR 0.90 Per Share 5




For For Elect Jan Zijderveld to Supervisory Board 9

For For Elect Bala Subramanian to Supervisory Board 10

For For Ratify PricewaterhouseCoopers Accountants N.V as Auditors

11

For For Grant Board Authority to Issue Shares Up to 10 Percent of Issued Capital

12


13

For For Authorize Board to Acquire Common Shares 14

For For Approve Cancellation of Repurchased Shares 15

Vote Summary Report


Lenzing AG Meeting Date: 04/14/2021 Country: Austria

Meeting Type: Annual Ticker: LNZ

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Discharge of Management Board for Fiscal Year 2020

For For


3

For For Approve Remuneration of Supervisory Board Members for Fiscal Year 2020

4

For For Approve Remuneration of Supervisory Board Members for Fiscal Year 2021

5

For For Elect Peter Edelmann as Supervisory Board Member

6.1

For For Elect Stefan Fida as Supervisory Board Member 6.2

For For Elect Markus Fuerst as Supervisory Board Member

6.3

For For Elect Thomas Prinzhorn as Supervisory Board Member

6.4


Voter Rationale: Discretionary award with a lack of transparency around how decided.


Voter Rationale: High discretionary elements.

For For Ratify KPMG Austria GmbH as Auditors for Fiscal Year 2021

9

Against None New/Amended Proposals from Shareholders 10.1

Voter Rationale: Content of proposals not known at the time of voting.

Against None New/Amended Proposals from Management and Supervisory Board

10.2

Voter Rationale: Content of proposals not known at the time of voting.

Mediaset Espana Comunicacion SA Meeting Date: 04/14/2021 Country: Spain

Meeting Type: Annual Ticker: TL5

Vote Summary Report


Mediaset Espana Comunicacion SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Renew Appointment of Deloitte as Auditor 5

For For Approve Stock-for-Salary Plan 6

Against For Approve Co-Investment Plan 7

Voter Rationale: Performance period is split into annual periods so is not long term in nature.


Voter Rationale: The non executive chairman participates in variable remuneration schemes which compromises his independence.


Voter Rationale: Large amounts of board discretion.


For For Revoke Resolutions 1 to 4 of the Sep. 4, 2019 EGM and Resolutions 1 and 2 of the Feb. 5, 2020 EGM, and Ratify Withdrawal of the Merger Agreed by the Board

11


12

For For Amend Articles Re: Allow Shareholder Meetings to be Held in Virtual-Only Format

14


15

For For Amend Articles of General Meeting Regulations Re: Allow Shareholder Meetings to be Held in Virtual-Only Format

16

Minth Group Limited Meeting Date: 04/14/2021 Country: Cayman Islands


Vote Summary Report


Minth Group Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve CNY Share Issue and the Specific Mandate

For For

For For Authorize Board to Handle All Matters in Relation to the CNY Share Issue

2

For For Approve Plan for Distribution of Profits Accumulated before the CNY Share Issue

3

For For Approve Policy for Stabilization of the Price of the CNY Shares for the Three Years after the CNY Share Issue

4

For For Approve Profits Distribution Policy and the Dividend Return Plan for the Three Years after the CNY Share Issue

5

For For Approve Use of Proceeds from the CNY Share Issue

6

For For Approve Remedial Measures for the Potential Dilution of Immediate Returns by the CNY Share Issue

7

For For Approve Undertakings and the Corresponding Binding Measures in Connection with the CNY Share Issue

8

For For Approve Rules of Procedure for General Meetings of Shareholders

9

For For Approve Rules of Procedure for Board Meetings 10

For For Authorize Board to Handle All Matters in Relation to the Ordinary Resolutions

11



Meeting Type: Annual Ticker: PETR4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Michele da Silva Gonsales Torres as Fiscal Council Member and Antonio Emilio Bastos de Aguiar Freire as Alternate Appointed by Preferred Shareholder

None For

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction


2


Meeting Type: Annual Ticker: PETR4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

3.3 Elect Michele da Silva Gonsales Torres as Fiscal Council Member and Antonio Emilio Bastos de Aguiar Freire as Alternate Appointed by Preferred Shareholder

None For


5


Meeting Type: Annual/Special Ticker: PETR4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Abstain For Elect Fiscal Council Members 3.1

Voter Rationale: Focused votes on minority candidate.


3.2


Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

For None Elect Patricia Valente Stierli as Fiscal Council Member and Robert Juenemann as Alternate Appointed by Minority Shareholder

3.4


4


5

For For Approve Absorption of Companhia de Desenvolvimento e Modernizacao de Plantas IndustriaisS.A. (CDMPI)

6


7

Pharma Mar SA Meeting Date: 04/14/2021 Country: Spain

Meeting Type: Annual Ticker: PHM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Approve Allocation of Income and Dividends 1.3

For For Approve Discharge of Board 1.4

Against For Renew Appointment of PricewaterhouseCoopers as Auditor

2

Voter Rationale: Auditor tenure exceeds 10 years with no evidence of a tender process being completed.

For For Amend Articles Re: Appointments and Remuneration Committee

3

For For Add Article 14 of General Meeting Regulations Re: Allow Shareholder Meetings to be Held in Virtual-Only Format

4

Against For Elect Eduardo Serra Rexach as Director 5



For For Approve Bonus Matching Plan 7.1

Vote Summary Report


Pharma Mar SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Restricted Stock Plan 7.2

Against For Amend Remuneration Policy 8

Voter Rationale: Large increase to CEO's salary which multiplies through to the variable awards, with no rationale provided.

For For Authorize Board to Create and Fund Foundations

9

Against For Advisory Vote on Remuneration Report 10

Voter Rationale: Large qualitative section of the annual bonus with little transparency around KPIs and their outcomes.


11

Royal KPN NV Meeting Date: 04/14/2021 Country: Netherlands

Meeting Type: Annual Ticker: KPN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

3 Adopt Financial Statements For For


For For Approve Dividends of EUR 0.13 Per Share 6




9

For For Elect E.J.C. Overbeek to Supervisory Board 11

For For Elect G.J.A. van de Aast to Supervisory Board 12


14

For For Approve Reduction in Share Capital through Cancellation of Shares

15


16


17

Vote Summary Report


Scandinavian Tobacco Group A/S Meeting Date: 04/14/2021 Country: Denmark

Meeting Type: Annual Ticker: STG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


3


Voter Rationale: Excessive retention award

For For Approve Remuneration of Directors in the Amount of DKK 1.32 Million for Chairman, DKK 880,000 for Vice Chairman, and DKK 440,000 for Other Directors; Approve Remuneration for Committee Work

5

For For Approve DKK 2.5 Million Reduction in Share Capital via Share Cancellation; Amend Existing Authorizations in Articles Accordingly

6a


6b

Voter Rationale: We are not supportive of a permanent move to virtual only meetings.

For For Approve Company Announcements in English 6c

For For Reelect Nigel Northridge as Director (Chairman) 7a

For For Reelect Henrik Brandt as Director (Vice Chair) 7b

For For Reelect Dianne Neal Blixt as Director 7c

For For Reelect Marlene Forsell as Director 7d

For For Reelect Claus Gregersen as Director 7e

For For Reelect Luc Missorten as Director 7f

For For Reelect Anders Obel as Director 7g

For For Elect Henrik Amsinck as New Director 7h


Seagate Technology Plc Meeting Date: 04/14/2021 Country: Ireland

Meeting Type: Court Ticker: STX

Vote Summary Report


Seagate Technology Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Seagate Technology Plc Meeting Date: 04/14/2021 Country: Ireland

Meeting Type: Special Ticker: STX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Amend Constitution 2

For For Approve Creation of Distributable Reserves 3


Smith & Nephew Plc Meeting Date: 04/14/2021 Country: United Kingdom

Meeting Type: Annual Ticker: SN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Roland Diggelmann as Director 4

For For Re-elect Erik Engstrom as Director 5

Against For Re-elect Robin Freestone as Director 6

Voter Rationale: Over boarded with multiple external appointments including audit committee commitments and chairmanships.

For For Elect John Ma as Director 7

For For Elect Katarzyna Mazur-Hofsaess as Director 8

Vote Summary Report


Smith & Nephew Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Rick Medlock as Director 9

For For Elect Anne-Francoise Nesmes as Director 10

For For Re-elect Marc Owen as Director 11

For For Re-elect Roberto Quarta as Director 12

For For Re-elect Angie Risley as Director 13

For For Elect Bob White as Director 14





18


19



21


Subsea 7 SA Meeting Date: 04/14/2021 Country: Luxembourg

Meeting Type: Annual/Special Ticker: SUBC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Approve Consolidated Financial Statements 3

For For Approve Allocation of Income and Dividends of NOK 2.00 Per Share

4


For For Renew Appointment of Ernst & Young S.A as Auditor

6

Against For Reelect Kristian Siem as Director 7


Vote Summary Report


Subsea 7 SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Dod Fraser as Director 8

For For Elect Eldar Saetre as Director 9

For For Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights Up to 10 Percent of the Issued Share Capital

1

For For Authorize Share Repurchase Program Up to 10 Percent of Issued Capital and Authorize Cancellation of Repurchased Shares

2

For For Amend Article 3 Re: Corporate Purpose 3

For For Amend Articles 12 and 16 of the Articles of Association

4

Sulzer AG Meeting Date: 04/14/2021 Country: Switzerland

Meeting Type: Annual Ticker: SUN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Against For Approve Remuneration Report (Non-Binding) 1.2

Voter Rationale: Pay for performance misalignment given poor operating performance.


2


3


4.1


4.2

For For Reelect Peter Loescher as Director and Board Chairman

5.1

For For Reelect Hanne Sorensen as Director 5.2.1

For For Reelect Matthias Bichsel as Director 5.2.2

For For Reelect Mikhail Lifshitz as Director 5.2.3

For For Reelect Alexey Moskov as Director 5.2.4

For For Reelect Gerhard Roiss as Director 5.2.5

Vote Summary Report


Sulzer AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Suzanne Thoma as Director 5.3.1

For For Elect David Metzger as Director 5.3.2

For For Reappoint Hanne Sorensen as Member of the Compensation Committee

6.1.1

For For Reappoint Gerhard Roiss as Member of the Compensation Committee

6.1.2

For For Appoint Suzanne Thoma as Member of the Compensation Committee

6.2



8

For For Approve Creation of CHF 17,000 Pool of Conditional Capital for Bonds or Similar Debt Instruments

9



Sulzer AG Meeting Date: 04/14/2021 Country: Switzerland

Meeting Type: Annual Ticker: SUN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Terrafina Meeting Date: 04/14/2021 Country: Mexico

Meeting Type: Annual Ticker: TERRA13

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Approve Annual Report 2

Vote Summary Report


Terrafina Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Ratify Alberto Chretin Castillo as Technical Committee Member

3.1

For For Ratify Enrique Lavin Trevino as Technical Committee Member

3.2

For For Ratify Eduardo Solis Sanchez as Technical Committee Member

3.3

For For Ratify Arturo D'Acosta Ruiz as Technical Committee Member

3.4

For For Ratify Jose Luis Barraza Gonzalez as Technical Committee Member

3.5

For For Ratify Victor David Almeida Garcia as Technical Committee Member

3.6

For For Ratify Carmina Abad Sanchez as Technical Committee Member

3.7

For For Ratify Enrique Torres as Director 3.8

For For Ratify Leverage Requirements 4


5

Wereldhave Belgium SCA Meeting Date: 04/14/2021 Country: Belgium

Meeting Type: Annual Ticker: WEHB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

3 Approve Remuneration Policy For Against



Voter Rationale: A guaranteed minimum bonus is not best practice.

For For Approve Financial Statements, Allocation of Income, and Dividends of EUR 4 per Share

5

For For Approve Discharge of Former Statutory Manager 6.1

For For Approve Discharge of Directors 6.2

For For Approve Discharge of Auditors 7

For For Elect Nicolas Beaussillon as Director 8(i)

For For Reelect Ann Claes as Director 8(ii)

Vote Summary Report


Wereldhave Belgium SCA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Change-of-Control Clause Re: All Financing Contracts In Accordance with Article 7:151 of the Code of Companies and Associations

9

For For Authorize Implementation of Approved Resolutions and Filing of Required Documents/Formalities at Trade Registry

10

Aker BP ASA Meeting Date: 04/15/2021 Country: Norway

Meeting Type: Annual Ticker: AKRBP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Elect Chairman of Meeting; Designate Inspector(s) of Minutes of Meeting

For For



4


5

Voter Rationale: Lack of disclosure around non financial performance conditions and severance awards.

For For Approve Remuneration of Auditors for 2020 6


For For Approve Remuneration of Nomination Committee

8

For For Reelect Kjell Inge Rokke, Kate Thomson and Anne Marie Cannon (Vice Chair) as Directors for a Term of Two Years; Elect Paula Doyle as New Director for a Term of Two Years

9

Against For Approve Creation of NOK 18 Million Pool of Capital without Preemptive Rights

10

Voter Rationale: Could be used for antitakeover purposes.

Against For Authorize Share Repurchase Program and Reissuance of Repurchased Shares

11


For For Authorize Board to Distribute Dividends 12

Vote Summary Report


Arca Continental SAB de CV Meeting Date: 04/15/2021 Country: Mexico

Meeting Type: Annual Ticker: AC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve CEO's Report on Results and Operations of Company, Auditor's Report and Board's Opinion; Approve Board's Report on Activities; Approve Report of Audit and Corporate Practices Committee; Receive Report on Adherence to Fiscal Obligations

For For

For For Approve Allocation of Income and Cash Dividends of MXN 2.94 Per Share

2


3

Against For Elect Directors, Verify their Independence Classification, Approve their Remuneration and Elect Secretaries

4


Against For Approve Remuneration of Board Committee Members; Elect Chairman of Audit and Corporate Practices Committee

5



For For Approve Minutes of Meeting 7

Banca Mediolanum SpA Meeting Date: 04/15/2021 Country: Italy

Meeting Type: Annual Ticker: BMED

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Against For Approve Remuneration Policy 2.1

Voter Rationale: Lack of disclosure around the specific performance criteria and their weightings so unable to assess the stringency of the plan.

For For Approve Second Section of the Remuneration Report

2.2

Vote Summary Report


Banca Mediolanum SpA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Severance Payments Policy 2.3

Voter Rationale: Termination payments can exceeds 24 months' pay.

Against For Approve Executive Incentive Bonus Plan 3

Voter Rationale: Lack of disclosure around the specific performance criteria and their weightings so unable to assess the stringency of the plan.

For None Fix Number of Directors 4.1

For None Fix Board Terms for Directors 4.2

For None Slate 1 Submitted by Ennio Doris, Lina Tombolato, Massimo Doris, Annalisa Doris, and FINPROG ITALIA SpA

4.3.1

Against None Slate 2 Submitted by Institutional Investors (Assogestioni)

4.3.2

Voter Rationale: We are supportive of the management slate which contains a number of incumbent directors.

Against None Approve Remuneration of Directors 4.4

Voter Rationale: No rationale provided for proposed increases in pay.

Against None Slate 1 Submitted by Ennio Doris, Lina Tombolato, Massimo Doris, Annalisa Doris, and FINPROG ITALIA SpA

5.1.1

Voter Rationale: Supportive of slate 2 as most likely to represent the interests of minority investors.

For None Slate 2 Submitted by Institutional Investors (Assogestioni)

5.1.2

Against None Approve Internal Auditors' Remuneration 5.2

Voter Rationale: Significant increase proposed.

Against None Deliberations on Possible Legal Action Against Directors if Presented by Shareholders

A

Voter Rationale: No legal action presented at the time of voting.

Beijer Ref AB Meeting Date: 04/15/2021 Country: Sweden

Meeting Type: Annual Ticker: BEIJ.B

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




Vote Summary Report


Beijer Ref AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


7.a

For For Approve Allocation of Income and Dividends of SEK 3 Per Share

7.b

For For Approve Remuneration Report 7.c

For For Approve Discharge of Board and President 7.d

For For Determine Number of Members (7) and Deputy Members of Board (0)

8

For For Approve Remuneration of Directors in the Amount of SEK 775,000 for Chairman andSEK 375,000 for Other Directors; Approve Remuneration for Committee Work

9


For For Reelect Kate Swann as Director 11.a

For For Reelect Joen Magnusson as Director 11.b

For For Reelect Albert Gustafsson as Director 11.c

For For Reelect Per Bertland as Director 11.d

For For Reelect Frida Norrbom Sams as Director 11.e

For For Elect Kerstin Lindvall as New Director 11.f

For For Elect William Striebe as New Director 11.g

For For Elect Kate Swann as Board Chair 12


For For Approve 3:1 Stock Split 14

For For Amend Articles Re: Collecting of Proxies and Postal Voting

15

For For Approve Equity Plan Financing 16

For For Approve Stock Option Plan for Key Employees; Authorize Share Repurchase Program to Finance Equity Plan; Authorize Transfer of up to 2.3 Million Class B Shares in Connection with Incentive Program

17

Bilfinger SE Meeting Date: 04/15/2021 Country: Germany

Meeting Type: Annual Ticker: GBF

Vote Summary Report


Bilfinger SE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Discharge of Management Board Member Thomas Blades for Fiscal Year 2020

3.1

For For Approve Discharge of Management Board Member Duncan Hall for Fiscal Year 2020

3.2

For For Approve Discharge of Management Board Member Christina Johansson for Fiscal Year 2020

3.3

For For Approve Discharge of Supervisory Board Member Eckhard Cordes for Fiscal Year 2020

4.1

For For Approve Discharge of Supervisory Board Member Stephan Brueckner for Fiscal Year 2020

4.2

For For Approve Discharge of Supervisory Board Member Agnieszka Al-Selwi for Fiscal Year 2020

4.3

For For Approve Discharge of Supervisory Board Member Dorothee Deuring for Fiscal Year 2020

4.4

For For Approve Discharge of Supervisory Board Member Nicoletta Giadrossi (from Jan. 1 until June 24, 2020) for Fiscal Year 2020

4.5

For For Approve Discharge of Supervisory Board Member Ralph Heck for Fiscal Year 2020

4.6

For For Approve Discharge of Supervisory Board Member Susanne Hupe for Fiscal Year 2020

4.7

For For Approve Discharge of Supervisory Board Member Rainer Knerler for Fiscal Year 2020

4.8

For For Approve Discharge of Supervisory Board Member Janna Koeke for Fiscal Year 2020

4.9

For For Approve Discharge of Supervisory Board Member Frank Lutz for Fiscal Year 2020

4.10

For For Approve Discharge of Supervisory Board Member Robert Schuchna (from June 24 until Dec. 31, 2020) for Fiscal Year 2020

4.11

For For Approve Discharge of Supervisory Board Member Joerg Sommer for Fiscal Year 2020

4.12

For For Approve Discharge of Supervisory Board Member Jens Tischendorf (from Jan. 1 until June 24, 2020) for Fiscal Year 2020

4.13

For For Approve Discharge of Supervisory Board Member Bettina Volkens (from June 24 until Dec. 31, 2020) for Fiscal Year 2020

4.14

Vote Summary Report


Bilfinger SE Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


5

Against For Elect Roland Busch to the Supervisory Board 6.1

Voter Rationale: Board term length is excessive.

Against For Elect Eckhard Cordes to the Supervisory Board 6.2


Against For Elect Frank Lutz to the Supervisory Board 6.3


Against For Elect Silke Maurer to the Supervisory Board 6.4


Against For Elect Robert Schuchna to the Supervisory Board 6.5


Against For Elect Bettina Volkens to the Supervisory Board 6.6



Voter Rationale: Large discretionary element.


For For Amend Articles Re: Proof of Entitlement 9

For For Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds without Preemptive Rights up to Aggregate Nominal Amount of EUR 500 Million; Approve Creation of EUR 13.3 Million Pool of Capital to Guarantee Conversion Rights

10

Bucher Industries AG Meeting Date: 04/15/2021 Country: Switzerland

Meeting Type: Annual Ticker: BUCN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2

Vote Summary Report


Bucher Industries AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


3

For For Amend Articles Re: Opting Out Clause 4.1

For For Amend Articles Re: Size of Compensation Committee

4.2

For For Amend Articles Re: Remuneration of Directors 4.3

Against For Reelect Anita Hauser as Director 5.1.1


Against For Reelect Michael Hauser as Director 5.1.2


For For Reelect Martin Hirzel as Director 5.1.3

For For Reelect Philip Mosimann as Director and Board Chairman

5.1.4

Against For Reelect Heinrich Spoerry as Director 5.1.5


For For Reelect Valentin Vogt as Director 5.1.6

Against For Reappoint Anita Hauser as Member of the Compensation Committee

5.2.1


For For Reappoint Valentin Vogt as Member of the Compensation Committee

5.2.2


Against For Ratify PricewaterhouseCoopers AG as Auditors 5.4

Voter Rationale: Tenure of auditor exceeds 10 years with no evidence of the company having conducted a tender process.


6.1


Voter Rationale: Lack of disclosure so unable to accurately assess pay for performance alignment, as well as a long term incentive plan with a performance period of only 1 year.


6.3


6.4



Vote Summary Report


Bucher Industries AG Meeting Date: 04/15/2021 Country: Switzerland

Meeting Type: Annual Ticker: BUCN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


CAP SA Meeting Date: 04/15/2021 Country: Chile

Meeting Type: Annual Ticker: CAP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Annual Report, Financial Statements, Company Status Report and Auditor's Report

For For

For For Approve Dividends of USD 0.69 Per Share and Interim Dividends of USD 1 per Share; Approve Dividend Policy

2






For For Approve Annual Report, Remuneration and Budget of Directors' Committee

7


8

For For Designate Newspaper to Publish Meeting Announcements

9



Celanese Corporation Meeting Date: 04/15/2021 Country: USA

Meeting Type: Annual Ticker: CE

Vote Summary Report


Celanese Corporation

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Jean S. Blackwell For For

For For Elect Director William M. Brown 1b

For For Elect Director Edward G. Galante 1c

For For Elect Director Kathryn M. Hill 1d

For For Elect Director David F. Hoffmeister 1e

For For Elect Director Jay V. Ihlenfeld 1f

For For Elect Director Deborah J. Kissire 1g

Against For Elect Director Kim K. W. Rucker 1h

For For Elect Director Lori J. Ryerkerk 1i

Against For Elect Director John K. Wulff 1j



3

CIMB Group Holdings Berhad Meeting Date: 04/15/2021 Country: Malaysia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Mohd Nasir Ahmad as Director For For

For For Elect Robert Neil Coombe as Director 2

For For Elect Afzal Abdul Rahim as Director 3

For For Elect Abdul Rahman Ahmad as Director 4

For For Elect Serena Tan Mei Shwen as Director 5

For For Approve Director's Fees 6

For For Approve Directors' Allowances and Benefits 7

For For Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration

8

Vote Summary Report


CIMB Group Holdings Berhad Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights

9

For For Approve Issuance of New Ordinary Shares Under the Dividend Reinvestment Scheme

10


CIMB Group Holdings Berhad Meeting Date: 04/15/2021 Country: Malaysia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Proposed Establishment of Long Term Incentive Plan

For Against


Against For Approve Allocation of LTIP Awards to Abdul Rahman Ahmad

2


CNH Industrial NV Meeting Date: 04/15/2021 Country: Netherlands

Meeting Type: Annual Ticker: CNHI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2.b Adopt Financial Statements and Statutory Reports

For For

For For Approve Dividends of EUR 0.11 Per Share 2.c

For For Approve Discharge of Directors 2.d


Voter Rationale: Excessive cash award as well as a one off grant of shares.

For For Reelect Suzanne Heywood as Executive Director 4.a

For For Elect Scott W. Wine as Executive Director 4.b

Vote Summary Report


CNH Industrial NV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Howard W. Buffett as Non-Executive Director

4.c

For For Reelect Tufan Erginbilgic as Non-Executive Director

4.d

For For Reelect Leo W. Houle as Non-Executive Director 4.e

For For Reelect John B. Lanaway as Non-Executive Director

4.f

For For Reelect Alessandro Nasi as Non-Executive Director

4.g

For For Reelect Lorenzo Simonelli as Non-Executive Director

4.h

Against For Reelect Vagn Sorensen as Non-Executive Director

4.i



5

For For Authorize Repurchase of Up to 10 Percent of Issued Common Shares

6

Dow Inc. Meeting Date: 04/15/2021 Country: USA

Meeting Type: Annual Ticker: DOW

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Samuel R. Allen For For

For For Elect Director Gaurdie Banister, Jr. 1b

For For Elect Director Wesley G. Bush 1c

For For Elect Director Richard K. Davis 1d

For For Elect Director Debra L. Dial 1e

For For Elect Director Jeff M. Fettig 1f

For For Elect Director Jim Fitterling 1g

For For Elect Director Jacqueline C. Hinman 1h

For For Elect Director Luis A. Moreno 1i

For For Elect Director Jill S. Wyant 1j

Vote Summary Report


Dow Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Daniel W. Yohannes 1k


2


For For Approve Qualified Employee Stock Purchase Plan

4




Voter Rationale: Proposal would enhance shareholder rights.

Embotelladora Andina SA Meeting Date: 04/15/2021 Country: Chile

Meeting Type: Annual Ticker: ANDINA.B

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Present Dividend Policy 3



For For Approve Remuneration of Directors, Directors' Committee and Audit Committee, their Annual Reports and Expenses Incurred by both Committees

5




8

For For Designate Newspaper to Publish Announcements

9



Vote Summary Report


Emmi AG Meeting Date: 04/15/2021 Country: Switzerland

Meeting Type: Annual Ticker: EMMN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3


4.1

For For Approve Fixed Remuneration of the Agricultural Council in the Amount of CHF 40,000

4.2


4.3


4.4

Against For Reelect Konrad Graber as Director and Board Chairman

5.1.1


For For Reelect Thomas Oehen-Buehlmann as Director 5.1.2

For For Reelect Monique Bourquin as Director 5.1.3

For For Reelect Christina Johansson as Director 5.1.4

For For Reelect Alexandra Quillet as Director 5.1.5

For For Reelect Franz Steiger as Director 5.1.6

For For Reelect Diana Strebel as Director 5.1.7

For For Elect Dominik Buergy as Director 5.2.1

For For Elect Thomas Grueter as Director 5.2.2

Against For Reappoint Konrad Graber as Member of the Personnel and Compensation Committee

5.3.1

Voter Rationale: Lack of independence on the compensation committee.

For For Reappoint Monique Bourquin as Member of the Personnel and Compensation Committee

5.3.2

Against For Reappoint Thomas Oehen-Buehlmann as Member of the Personnel and Compensation Committee

5.3.3


Vote Summary Report


Emmi AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Designate Pascal Engelberger as Independent Proxy

7



Ferrari NV Meeting Date: 04/15/2021 Country: Netherlands

Meeting Type: Annual Ticker: RACE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2.c Approve Remuneration Report For Against

Voter Rationale: Lack of disclosure around the annual bonus performance targets, as well as accelerated vesting on the departure of Camilleri.

For For Adopt Financial Statements and Statutory Reports

2.d

For For Approve Dividends of EUR 0.867 Per Share 2.e

For For Approve Discharge of Directors 2.f

For For Reelect John Elkann as Executive Director 3.a

For For Reelect Piero Ferrari as Non-Executive Director 3.b

For For Reelect Delphine Arnault as Non-Executive Director

3.c

For For Reelect Francesca Bellettini as Non-Executive Director

3.d

For For Reelect Eduardo H. Cue as Non-Executive Director

3.e

For For Reelect Sergio Duca as Non-Executive Director 3.f

For For Reelect John Galantic as Non-Executive Director 3.g

For For Reelect Maria Patrizia Grieco as Non-Executive Director

3.h

Against For Reelect Adam Keswick as Non-Executive Director

3.i


Vote Summary Report


Ferrari NV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Appoint Ernst & Young Accountants LLP as Auditors

4


5.1


5.2

Against For Grant Board Authority to Issue Special Voting Shares

5.3

Voter Rationale: We are supportive of one share one vote


6

For For Approve Awards to Executive Director 7

Genting Singapore Limited Meeting Date: 04/15/2021 Country: Singapore

Meeting Type: Annual Ticker: G13

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Adopt Financial Statements and Directors' and Auditors' Reports

For For


For For Elect Jonathan Asherson as Director 3

For For Elect Tan Wah Yeow as Director 4

For For Elect Hauw Sze Shiung Winston as Director 5

For For Approve Directors' Fees 6

For For Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration

7

For For Approve Renewal of Mandate for Interested Person Transactions

8


Hangzhou First Applied Material Co., Ltd. Meeting Date: 04/15/2021 Country: China


Vote Summary Report


Hangzhou First Applied Material Co., Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction






Against For Approve Remuneration Plan of Chairman of Board

6.1


Against For Approve Allowance of Independent Directors 6.2



For For Approve Application of Credit Lines 8

Helios Towers Plc Meeting Date: 04/15/2021 Country: United Kingdom

Meeting Type: Annual Ticker: HTWS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Sally Ashford as Director 3

For For Elect Carole Wamuyu Wainaina as Director 4

For For Elect Manjit Dhillon as Director 5

For For Re-elect Sir Samuel Jonah as Director 6

For For Re-elect Kashyap Pandya as Director 7

For For Re-elect Thomas Greenwood as Director 8

For For Re-elect Magnus Mandersson as Director 9

For For Re-elect Alison Baker as Director 10

Vote Summary Report


Helios Towers Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Richard Byrne as Director 11

For For Re-elect David Wassong as Director 12

For For Re-elect Temitope Lawani as Director 13

For For Reappoint Deloitte LLP as Auditors 14


15


16


For For Approve UK Share Purchase Plan 18

For For Approve Global Share Purchase Plan 19


20


21



23


ICA Gruppen AB Meeting Date: 04/15/2021 Country: Sweden

Meeting Type: Annual Ticker: ICA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







8

Vote Summary Report


ICA Gruppen AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


9

For For Approve Discharge of Claes-Goran Sylven 10.a

For For Approve Discharge of Cecilia Daun Wennborg 10.b

For For Approve Discharge of Lennart Evrell 10.c

For For Approve Discharge of Andrea Gisle Joosen 10.d

For For Approve Discharge of Fredrik Hagglund 10.e

For For Approve Discharge of Jeanette Jager 10.f

For For Approve Discharge of Magnus Moberg 10.g

For For Approve Discharge of Fredrik Persson 10.h

For For Approve Discharge of Bo Sandstrom 10.i

For For Approve Discharge of Anette Wiotti 10.j

For For Approve Discharge of Jonathon Clarke 10.k

For For Approve Discharge of Magnus Rehn 10.l

For For Approve Discharge of Daniela Fagernas 10.m

For For Approve Discharge of Ann Lindh 10.n

For For Approve Discharge of Marcus Strandberg 10.o

For For Approve Discharge of Per Stromberg 10.p

For For Approve Discharge of Anders Svensson 10.q



12

For For Approve Remuneration of Directors in the Amount of SEK 1.2 Million for Chairman and SEK 580,000 for Other Directors; Approve Remuneration for Committee Work; Approve Remuneration of Auditors

13

For For Elect Charlotte Svensson as New Director 14.a

Against For Reelect Cecilia Daun Wennborg as Director 14.b

Voter Rationale: Overboarded and tenure exceeding 12 years which compromises independence.

For For Reelect Lennart Evrell as Director 14.c

For For Reelect Andrea Gisle Joosen as Director 14.d

For For Reelect Fredrik Hagglund as Director 14.e

Vote Summary Report


ICA Gruppen AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Magnus Moberg as Director 14.f

For For Reelect Fredrik Persson as Director 14.g

For For Reelect Bo Sandstrom as Director 14.h

For For Reelect Claes-Goran Sylven as Director 14.i

For For Reelect Anette Wiotti as Director 14.j

For For Reelect Claes-Goran Sylven as Board Chair 15


For For Authorize Chairman of Board and Representatives of Three of Company's Largest Shareholders to Serve on Nominating Committee

17

Inphi Corporation Meeting Date: 04/15/2021 Country: USA

Meeting Type: Special Ticker: IPHI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




International Container Terminal Services, Inc. Meeting Date: 04/15/2021 Country: Philippines

Meeting Type: Annual Ticker: ICT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Minutes of the Annual Stockholders' Meeting held on June 18, 2020

For For

For For Approve Chairman's Report and the 2020 Audited Financial Statements

2

Vote Summary Report


International Container Terminal Services, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Ratify the Acts, Contracts, Investments and Resolutions of the Board of Directors and Management Since the Last Annual Stockholders' Meeting

3

For For Elect Enrique K. Razon, Jr. as Director 4.1

For For Elect Cesar A. Buenaventura as Director 4.2

For For Elect Carlos C. Ejercito as Director 4.3

Abstain For Elect Joseph R. Higdon as Director 4.4


Abstain For Elect Jose C. Ibazeta as Director 4.5


Abstain For Elect Stephen A. Paradies as Director 4.6


Abstain For Elect Andres Soriano III as Director 4.7


For For Appoint External Auditors 5

Japfa Ltd Meeting Date: 04/15/2021 Country: Singapore

Meeting Type: Annual Ticker: UD2

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Handojo Santosa @ Kang Kiem Han as Director

3

For For Elect Hendrick Kolonas as Director 4

For For Elect Tan Yong Nang as Director 5

For For Elect Kevin John Monteiro as Director 6

For For Elect Ng Quek Peng as Director 7

For For Elect Lien Siaou-Sze as Director 8

For For Elect Manu Bhaskaran as Director 9

Vote Summary Report


Japfa Ltd Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Tan Kian Chew as Director 10

For For Elect Chia Wee Boon as Director 11

For For Approve Increase in Directors' Fees Commencing 2Q2021

12

For For Approve Directors' Fees Up to March 31, 2022 Based on New Directors' Fee Structure

13

For For Approve Directors' Fees Up to March 31, 2022 Based on Existing Directors' Fee Structure (in the Event Resolution 12 is not Passed)

14


15


16

Against For Approve Grant of Awards and Issuance of Shares Under the Japfa Performance Share Plan

17


Kina Securities Ltd. Meeting Date: 04/15/2021 Country: Papua New Guinea

Meeting Type: Special Ticker: KSL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Ratify Past Issuance of 13.09 Million Shares to Existing Shareholders and New Sophisticated and Professional Investors

For For

For For Ratify Past Issuance of 10.59 Million Shares to Existing Shareholders and New Sophisticated and Professional Investors

2

For For Approve Acquisition of Pacific Businesses 3

LVMH Moet Hennessy Louis Vuitton SE Meeting Date: 04/15/2021 Country: France

Meeting Type: Annual/Special Ticker: MC

Vote Summary Report


LVMH Moet Hennessy Louis Vuitton SE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3

Against For Approve Auditors' Special Report on Related-Party Transactions

4

Voter Rationale: Lack of transparency around the consulting services from a non executive.

Against For Reelect Antoine Arnault as Director 5


Against For Reelect Nicolas Bazire as Director 6

Voter Rationale: Sentenced to five years in jail in June 2020. Also overboarding concerns.

Against For Reelect Charles de Croisset as Director 7


For For Reelect Yves-Thibault de Silguy as Director 8

For For Appoint Olivier Lenel as Alternate Auditor 9

For For Approve Amendment of Remuneration Policy of Directors Re: FY 2020

10

Against For Approve Amendment of Remuneration Policy of Executive Corporate Officers Re: FY 2020

11

Voter Rationale: Amended LTIP does not ensure pay for performance alignment.

Against For Approve Compensation of Corporate Officers 12

Voter Rationale: No response to high levels of dissent at last year's AGM.

Against For Approve Compensation of Bernard Arnault, Chairman and CEO

13

Voter Rationale: Pay for performance misalignment concerns.

Against For Approve Compensation of Antonio Belloni, Vice-CEO

14



Against For Approve Remuneration Policy of Chairman and CEO

16


Against For Approve Remuneration Policy of Vice-CEO 17


Vote Summary Report


LVMH Moet Hennessy Louis Vuitton SE Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


18


19

For For Authorize Capitalization of Reserves of Up to EUR 20 Million for Bonus Issue or Increase in Par Value

20


21

Against For Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 20 Million

22


Against For Approve Issuance of Equity or Equity-Linked Securities for Qualified Investors, up to Aggregate Nominal Amount of EUR 20 Million

23


Against For Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Above

24


Against For Authorize Capital Increase of Up to EUR 20 Million for Future Exchange Offers

25



26

Against For Authorize up to 1 Percent of Issued Capital for Use in Stock Option Plans

27

Voter Rationale: Performance conditions not disclosed.


28

For For Set Total Limit for Capital Increase to Result from Issuance Requests Under Items 21-26 at EUR 20 Million

29

For For Amend Article 22 of Bylaws Re: Auditors 30

Marvell Technology Group Ltd. Meeting Date: 04/15/2021 Country: Bermuda

Meeting Type: Special Ticker: MRVL

Vote Summary Report


Marvell Technology Group Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Reduce Supermajority Vote Requirement to Approve Merger

For For

For For Approve Merger Agreement 2


MicroPort Scientific Corporation Meeting Date: 04/15/2021 Country: Cayman Islands


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Equity Option Scheme of Suzhou MicroPort Orthopedics Scientific (Group) Co., Ltd.

For Against

MLP Saglik Hizmetleri AS Meeting Date: 04/15/2021 Country: Turkey

Meeting Type: Annual Ticker: MPARK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Authorize Presiding Council to Sign Minutes of Meeting

2






For For Elect Independent Directors and Approve Their Remuneration

8

Vote Summary Report


MLP Saglik Hizmetleri AS Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Voter Rationale: Director candidates not disclosed at the time of voting deadline.


For For Approve Upper Limit of Donations for 2021 and Receive Information on Donations Made in 2020

11


14

Nestle SA Meeting Date: 04/15/2021 Country: Switzerland

Meeting Type: Annual Ticker: NESN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



2


3

Against For Reelect Paul Bulcke as Director and Board Chairman

4.1.a

Voter Rationale: Poor governance practice to move from CEO directly to Chairman position.

For For Reelect Ulf Schneider as Director 4.1.b

For For Reelect Henri de Castries as Director 4.1.c

For For Reelect Renato Fassbind as Director 4.1.d

For For Reelect Pablo Isla as Director 4.1.e

For For Reelect Ann Veneman as Director 4.1.f

For For Reelect Eva Cheng as Director 4.1.g

For For Reelect Patrick Aebischer as Director 4.1.h

For For Reelect Kasper Rorsted as Director 4.1.i

For For Reelect Kimberly Ross as Director 4.1.j

Vote Summary Report


Nestle SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Dick Boer as Director 4.1.k

For For Reelect Dinesh Paliwal as Director 4.1.l

For For Reelect Hanne Jimenez de Mora as Director 4.1.m

For For Elect Lindiwe Sibanda as Director 4.2

For For Appoint Pablo Isla as Member of the Compensation Committee

4.3.1

For For Appoint Patrick Aebischer as Member of the Compensation Committee

4.3.2

For For Appoint Dick Boer as Member of the Compensation Committee

4.3.3

For For Appoint Kasper Rorsted as Member of the Compensation Committee

4.3.4


For For Designate Hartmann Dreyer as Independent Proxy

4.5


5.1


5.2


6

For For Approve Climate Action Plan 7

Against Against Transact Other Business (Voting) 8




Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Vote Summary Report




Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



2


3

Against For Reelect Paul Bulcke as Director and Board Chairman

4.1.a

Voter Rationale: Poor governance practice to move from CEO straight into Chairman position.

For For Reelect Ulf Schneider as Director 4.1.b

For For Reelect Henri de Castries as Director 4.1.c

For For Reelect Renato Fassbind as Director 4.1.d

For For Reelect Pablo Isla as Director 4.1.e

For For Reelect Ann Veneman as Director 4.1.f

For For Reelect Eva Cheng as Director 4.1.g

For For Reelect Patrick Aebischer as Director 4.1.h

For For Reelect Kasper Rorsted as Director 4.1.i

For For Reelect Kimberly Ross as Director 4.1.j

For For Reelect Dick Boer as Director 4.1.k

For For Reelect Dinesh Paliwal as Director 4.1.l

For For Reelect Hanne Jimenez de Mora as Director 4.1.m

For For Elect Lindiwe Sibanda as Director 4.2

For For Appoint Pablo Isla as Member of the Compensation Committee

4.3.1

For For Appoint Patrick Aebischer as Member of the Compensation Committee

4.3.2

For For Appoint Dick Boer as Member of the Compensation Committee

4.3.3

For For Appoint Kasper Rorsted as Member of the Compensation Committee

4.3.4


Vote Summary Report


Nestle SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Designate Hartmann Dreyer as Independent Proxy

4.5


5.1


5.2


6

For For Approve Climate Action Plan 7

Against Against Transact Other Business (Voting) 8


Oesterreichische Post AG Meeting Date: 04/15/2021 Country: Austria

Meeting Type: Annual Ticker: POST

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


3


4

For For Approve Remuneration of Supervisory Board Members

5

For For Ratify BDO Austria GmbH as Auditors for Fiscal Year 2021

6


Owens Corning Meeting Date: 04/15/2021 Country: USA

Meeting Type: Annual Ticker: OC

Vote Summary Report


Owens Corning

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Brian D. Chambers For For

For For Elect Director Eduardo E. Cordeiro 1b

For For Elect Director Adrienne D. Elsner 1c

For For Elect Director Alfred E. Festa 1d

For For Elect Director Edward F. Lonergan 1e

For For Elect Director Maryann T. Mannen 1f

For For Elect Director Paul E. Martin 1g

For For Elect Director W. Howard Morris 1h

For For Elect Director Suzanne P. Nimocks 1i

For For Elect Director John D. Williams 1j



3

Pacific Basin Shipping Limited Meeting Date: 04/15/2021 Country: Bermuda


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Elect Mats Henrik Berglund as Director 2.1

For For Elect Patrick Blackwell Paul as Director 2.2

For For Elect Alasdair George Morrison as Director 2.3

For For Elect Stanley Hutter Ryan as Director 2.4

For For Elect John Mackay McCulloch Williamson as Director

2.5

For For Authorize Board to Fix Remuneration of Directors

2.6

Vote Summary Report


Pacific Basin Shipping Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


3


4

For For Authorize Repurchase of Issued Share Capital 5

Petrobras Distribuidora SA Meeting Date: 04/15/2021 Country: Brazil

Meeting Type: Annual Ticker: BRDT3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



Abstain For Elect Alexandre Antonio Germano Bittencourt as Fiscal Council Member and Caio Cesar Ribeiro as Alternate

4.1

Voter Rationale: Other candidates most likely to represent minority shareholder interests.

For For Elect Joao Verner Juenemann as Fiscal Council Member and Maria Carmen Westerlund Montera as Alternate

4.2

For For Elect Maria Salete Garcia Pinheiro as Fiscal Council Member and Manuel Luiz da Silva Araujo as Alternate

4.3

For For Elect Rinaldo Pecchio Junior as Fiscal Council Member and Walbert Antonio dos Santos as Alternate

4.4


5


6

Vote Summary Report


PPG Industries, Inc. Meeting Date: 04/15/2021 Country: USA

Meeting Type: Annual Ticker: PPG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Steven A. Davis For For

For For Elect Director Michael W. Lamach 1.2

For For Elect Director Michael T. Nally 1.3

For For Elect Director Guillermo Novo 1.4

For For Elect Director Martin H. Richenhagen 1.5

For For Elect Director Catherine R. Smith 1.6


2

For For Declassify the Board of Directors 3


For For Ratify PricewaterhouseCoopers LLP as Auditor 5

Against Against Require Independent Board Chair 6

Qingdao Haier Biomedical Co., Ltd. Meeting Date: 04/15/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



For For Approve Internal Control Audit Report 3

For For Approve Special Report on the Deposit, Usage, Change, Replacement, etc. of Raised Funds

4




7

Vote Summary Report


Qingdao Haier Biomedical Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


8


9




For For Approve Amendments to Articles of Association to Expand Business Scope

13


14

For For Elect Wang Wenfu as Director 15.1

Santos Limited Meeting Date: 04/15/2021 Country: Australia

Meeting Type: Annual Ticker: STO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2a Elect Keith Spence as Director For For

For For Elect Vanessa Guthrie as Director 2b


For For Approve Grant of Share Acquisition Rights to Kevin Gallagher

4

For For Approve Renewal of Proportional Takeover Provisions for a Further Three Years

5

Against Against Approve the Amendments to the Company's Constitution to Insert New Clause 32A

6a

Against Against Approve Capital Protection 6b

Shanghai Kinetic Medical Co., Ltd. Meeting Date: 04/15/2021 Country: China


Vote Summary Report


Shanghai Kinetic Medical Co., Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Termination of Performance Commitment, Performance Incentive and Compensation Obligationas

For For

For For Approve Adjustment of M&A Loan Period and Provision of Guarantees

2


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Termination of Performance Commitment, Performance Incentive and Compensation Obligationas

1

For For Approve Adjustment of M&A Loan Period and Provision of Guarantees

2


Shenzhen Sunlord Electronics Co., Ltd. Meeting Date: 04/15/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Provision of Guarantee For For

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Provision of Guarantee 1

Stellantis NV Meeting Date: 04/15/2021 Country: Netherlands

Meeting Type: Annual Ticker: STLA

Vote Summary Report


Stellantis NV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2.c Approve Remuneration Report For Against

Voter Rationale: Lack of disclosure so unable to assess pay for performance.


2.d

For For Approve Capital Distribution of EUR 0.32 per Share

2.e

For For Approve Discharge of Directors 2.f


3

For For Amend Remuneration Policy 4.a

Against For Approve Equity Incentive Plan and Grant Board Authority to Issue Shares and Exclude Preemptive Rights in Connection with Equity Incentive Plan

4.b

Voter Rationale: CEO awarded a one time equity grant with limited disclosure.


5

For For Approve Cancellation of Class B Special Voting Shares

6

Suntec Real Estate Investment Trust Meeting Date: 04/15/2021 Country: Singapore

Meeting Type: Annual Ticker: T82U

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Adopt Report of the Trustee, Statement by the Manager, and Audited Financial Statements and Auditors' Report

For For


2


3



Vote Summary Report


Telefonica Brasil SA Meeting Date: 04/15/2021 Country: Brazil

Meeting Type: Annual Ticker: VIVT3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Cremenio Medola Netto as Fiscal Council Member and Juarez Rosa da Silva as Alternate

3.1

For For Elect Charles Edwards Allen as Fiscal Council Member and Stael Prata Silva Filho as Alternate

3.2


4

Telefonica Brasil SA Meeting Date: 04/15/2021 Country: Brazil

Meeting Type: Annual Ticker: VIVT3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Cremenio Medola Netto as Fiscal Council Member and Juarez Rosa da Silva as Alternate

3.1

For For Elect Charles Edwards Allen as Fiscal Council Member and Stael Prata Silva Filho as Alternate

3.2


4

Television Francaise 1 SA Meeting Date: 04/15/2021 Country: France

Meeting Type: Annual/Special Ticker: TFI

Vote Summary Report


Television Francaise 1 SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3


4

Voter Rationale: Lack of disclosure around the shared agreement with Bouygues.

Against For Approve Compensation of Gilles Pelisson, Chairman and CEO

5

Voter Rationale: Pay for performance misalignment


6

For For Approve Remuneration Policy for Gilles Pelisson, Chairman and CEO

7


For For Reelect Laurence Danon Arnaud as Director 9

For For Reelect Bouygues as Director 10

For For Reelect SCDM as Director 11

For For Elect Marie-Aude Morel as Representative of Employee Shareholders to the Board

12


13


14

Against For Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 8.4 Million

15

Voter Rationale: The possibility of use during a takeover period is not excluded.


16

Against For Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 4.2 Million

17


Vote Summary Report


Television Francaise 1 SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Issuance of Equity or Equity-Linked Securities for Private Placements, up to Aggregate Nominal Amount of EUR 4.2 Million

18


Against For Authorize Board to Set Issue Price for 10 Percent Per Year of Issued Capital Pursuant to Issue Authority without Preemptive Rights

19



20


Against For Authorize Capital Increase of up to 10 Percent of Issued Capital for Contributions in Kind

21


Against For Authorize Capital Increase of Up to EUR 4.2 Million for Future Exchange Offers

22


For For Set Total Limit for Capital Increase to Result from Issuance Requests Under Items 15, 17-22 at EUR 8.4 Million

23


24

For For Amend Article 10 of Bylaws Re: Employee Representative

25


26

TURKCELL Iletisim Hizmetleri AS Meeting Date: 04/15/2021 Country: Turkey

Meeting Type: Annual Ticker: TCELL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Authorize Presiding Council to Sign the Meeting Minutes

2


Vote Summary Report


TURKCELL Iletisim Hizmetleri AS Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction





7

Against For Ratify Director Appointment and Elect Directors 8

Voter Rationale: Director details are not all disclosed at the time of voting.


Voter Rationale: Proposed board fees not disclosed.




12

UniCredit SpA Meeting Date: 04/15/2021 Country: Italy

Meeting Type: Annual/Special Ticker: UCG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Increase Legal Reserve 3

For For Approve Elimination of Negative Reserves 4

For For Approve Dividend Distribution 5


For For Fix Number of Directors 7

For For Slate 1 Submitted by Management 8.1

Vote Summary Report


UniCredit SpA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


8.2

Voter Rationale: Supportive of management slate.


For None Appoint Ciro Di Carluccio as Alternate Auditor 10

For For Approve 2021 Group Incentive System 11


Voter Rationale: Fully guaranteed bonus for 2021 as well as a potentially significant pay increase from previous CEO.

Against For Approve Severance Payments Policy 13

Voter Rationale: Huge potential termination award that exceeds 24 months' remuneration.


14


15

For For Authorize Board to Increase Capital to Service 2021 Group Incentive System

1

For For Amend Company Bylaws Re: Clause 6 2

For For Authorize Cancellation of Repurchased Shares 3


A


Vestel Beyaz Esya Sanayi ve Ticaret AS Meeting Date: 04/15/2021 Country: Turkey

Meeting Type: Annual Ticker: VESBE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2




Vote Summary Report


Vestel Beyaz Esya Sanayi ve Ticaret AS Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



Voter Rationale: Proposed board fees not disclosed.



9



11

Against For Authorize Share Capital Increase without Preemptive Rights

13


For For Approve Working Principles of the General Assembly

14

Wilmar International Limited Meeting Date: 04/15/2021 Country: Singapore

Meeting Type: Annual Ticker: F34

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Final and Special Dividends 2


Abstain For Elect Lim Siong Guan as Director 4


For For Elect Kuok Khoon Hong as Director 5

For For Elect Pua Seck Guan as Director 6

For For Elect Kishore Mahbubani as Director 7


8

Vote Summary Report


Wilmar International Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


9


Against For Approve Grant of Options and Issuance of Shares Under the Wilmar Executives Share Option Scheme 2019

10

Voter Rationale: Lack of disclosure of performance conditions and vesting periods.


11


Woodside Petroleum Ltd. Meeting Date: 04/15/2021 Country: Australia

Meeting Type: Annual Ticker: WPL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2a Elect Christopher Haynes as Director For For

For For Elect Richard Goyder as Director 2b

For For Elect Gene Tilbrook Goh as Director 2c


For For Approve Grant of Performance Rights to Peter Coleman

4

Against Against Approve the Amendments to the Company's Constitution Proposed by Market Forces

5a

Against Against Approve Capital Protection 5b

Allreal Holding AG Meeting Date: 04/16/2021 Country: Switzerland

Meeting Type: Annual Ticker: ALLN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


Allreal Holding AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Allocation of Income and Ordinary Dividends of CHF 3.50 per Share

2.1

For For Approve Dividends of CHF 3.25 per Share from Capital Contribution Reserves

2.2


3

For For Reelect Ralph-Thomas Honegger as Director and Board Chairman

4.1.1

For For Reelect Philipp Gmuer as Director 4.1.2

Against For Reelect Andrea Sieber as Director 4.1.3

Against For Reelect Peter Spuhler as Director 4.1.4

For For Reelect Olivier Steimer as Director 4.1.5

For For Reelect Thomas Stenz as Director 4.1.6

For For Reelect Juerg Stoeckli as Director 4.1.7

For For Reappoint Philipp Gmuer as Member of the Nomination and Compensation Committee

4.2.1

Against For Reappoint Andrea Sieber as Member of the Nomination and Compensation Committee

4.2.2

Against For Reappoint Peter Spuhler as Member of the Nomination and Compensation Committee

4.2.3

For For Designate Andre Weber as Independent Proxy 4.3



For For Approve Fixed Remuneration of Directors in the Amount of CHF 900,000

5.2


5.3


5.4


Beijing New Building Materials Public Ltd. Co. Meeting Date: 04/16/2021 Country: China


Vote Summary Report


Beijing New Building Materials Public Ltd. Co.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




For For Approve Profit Distribution Plan 4

For For Approve Payment of Remuneration and Appointment of Auditor

5


For For Approve Financing Application 7

For For Approve Provision of External Guarantees 8

For For Approve Issuance of Non-financial Corporate Debt Financing Instruments

9


For For Amend Related Party Transaction Management System

11


CNP Assurances SA Meeting Date: 04/16/2021 Country: France

Meeting Type: Annual/Special Ticker: CNP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3

For For Approve Transaction with La Banque Postale Re: Partnership Agreement

4

For For Approve Transaction with Ostrum AM Re: Management of Securities Portfolios

5

Vote Summary Report


CNP Assurances SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Transaction with LBPAM Re: Management of High Yield Securities Portfolios

6

For For Approve Transaction with LBPAM Re: Transfer of Management Mandate to Ostrum AM

7

For For Approve Transaction with la Caisse des Depots et Consignations Re: Forest Management Mandates

8

For For Approve Transaction with la Caisse des Depots et Consignations Re: Acquisition of Assets in Orange Concessions

9


10

Against For Approve Remuneration Policy of Chairman of the Board

11

Voter Rationale: The performance criteria of the annual bonus for FY21 are not disclosed

Against For Approve Remuneration policy of CEO 12


Against For Approve Remuneration Policy of Directors 13



14

For For Approve Compensation of Jean Paul Faugere, Chairman of the Board

15

For For Approve Compensation of Veronique Weill, Chairman of the Board

16

For For Approve Compensation of CEO 17

Against For Ratify Appointment of La Banque Postale as Director

18


Against For Reelect La Banque Postale as Director 19


Against For Ratify Appointment of Philippe Heim as Director 20


Against For Reelect Yves Brassart as Director 21


Against For Ratify Appointment Nicolas Eyt as Director 22


Vote Summary Report


CNP Assurances SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Reelect Nicolat Eyt as Director 23


For For Ratify Appointment of Veronique Weill as Director

24

For For Reelect Veronique Weill as Director 25

For For Reelect Rose Marie Lerberghe as Director 26


27

Against For Authorize up to 0,5 Percent of Issued Capital for Use in Restricted Stock Plans

28

Voter Rationale: Performance conditions are not disclosed.

For For Amend Article 1 of Bylaws Re: Corporate Purpose

29

For For Amend Articles 23 and 26 of Bylaws to Comply with Legal Changes

30


31

Coca-Cola Amatil Ltd. Meeting Date: 04/16/2021 Country: Australia

Meeting Type: Court Ticker: CCL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Scheme of Arrangement in Relation to the Proposed Acquisition of the Company by Coca-Cola European Partners plc Through CCEP Australia Pty Ltd

For For

Covestro AG Meeting Date: 04/16/2021 Country: Germany

Meeting Type: Annual Ticker: 1COV

Vote Summary Report


Covestro AG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


3


4

For For Ratify KPMG AG as Auditors for Fiscal Year 2021 5

For For Elect Lise Kingo to the Supervisory Board 6

For For Approve Creation of EUR 58 Million Pool of Capital with Partial Exclusion of Preemptive Rights

7



Dods Group Plc Meeting Date: 04/16/2021 Country: United Kingdom

Meeting Type: Special Ticker: DODS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Matters Relating to the Cancellation of Capital Reduction Shares and Share Premium Account

For For

For For Approve Cancellation of Deferred Shares 2

For For Approve Change of Company Name to Merit Group plc

3


For For Approve Share Consolidation 5

For For Approve Share Sub-Division 6

Elekta AB Meeting Date: 04/16/2021 Country: Sweden

Meeting Type: Special Ticker: EKTA.B

Vote Summary Report


Elekta AB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




For For Designate Per Colleen as Inspector of Minutes of Meeting

4.1

For For Designate Caroline Sjosten as Inspector of Minutes of Meeting

4.2


For For Approve Extra Dividends of SEK 0.90 Per Share 6

Evolution Gaming Group AB Meeting Date: 04/16/2021 Country: Sweden

Meeting Type: Annual Ticker: EVO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







7a


7b

For For Approve Discharge of Jens von Bahr 7c1

For For Approve Discharge of Joel Citron 7c2

For For Approve Discharge of Jonas Engwall 7c3

For For Approve Discharge of Cecilia Lager 7c4

For For Approve Discharge of Ian Livingstone 7c5

For For Approve Discharge of Fredrik Osterberg 7c6

Vote Summary Report


Evolution Gaming Group AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discharge of Martin Carlesund 7c7


8

For For Approve Remuneration of Directors in the Aggregate Amount of EUR 120,000

9

Against For Reelect Jens von Bahr as Director 10a1

For For Reelect Joel Citron as Director 10a2

For For Reelect Jonas Engwall as Director 10a3

For For Reelect Ian Livingstone as Director 10a4

For For Reelect Fredrik Osterberg as Director 10a5

Against For Elect Jens von Bahr as Board Chairman 10b



For For Approve Nomination Committee Procedures 13


For For Change Company Name to Evolution AB 15

For For Authorize Share Repurchase Program 16a

For For Authorize Reissuance of Repurchased Shares 16b

For For Approve Issuance of up to 10 Percent of Issued Shares without Preemptive Rights

17

For For Authorize the Board to Repurchase Warrants from Participants in Warrants Plan 2018

18

Gentera SAB de CV Meeting Date: 04/16/2021 Country: Mexico

Meeting Type: Special Ticker: GENTERA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Articles For For


Vote Summary Report


Gentera SAB de CV Meeting Date: 04/16/2021 Country: Mexico

Meeting Type: Annual Ticker: GENTERA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Report of Board of Directors For For


For For Approve Report on Share Repurchase Reserve; Authorize Share Repurchase Reserve

3

For For Approve Cancellation of Treasury Shares 4

For For Approve Report on Adherence to Fiscal Obligations

5

For For Elect or Ratify Directors, Chairmen of Audit and Corporate Practices Committees; Approve their Remuneration; Verify Independence Classification

6

For For Elect or Ratify Chairman, Secretary and Deputy Secretary of Board

7


Grasim Industries Limited Meeting Date: 04/16/2021 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Henkel AG & Co. KGaA Meeting Date: 04/16/2021 Country: Germany

Meeting Type: Annual Ticker: HEN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


Henkel AG & Co. KGaA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Allocation of Income and Dividends of EUR 1.83 per Ordinary Share and EUR 1.85 per Preferred Share

2

For For Approve Discharge of Personally Liable Partner for Fiscal Year 2020

3


4

For For Approve Discharge of Shareholders' Committee for Fiscal Year 2020

5


6

For For Elect James Rowan to the Shareholders' Committee

7


For For Amend Articles Re: Remuneration of Supervisory Board and Shareholders' Committee

9

For For Approve Remuneration of Supervisory Board and Shareholders' Committee

10

For For Amend Articles Re: Electronic Participation in the General Meeting

11

iShares II Public Limited Company - iShares $ High Yield Corp Bond UCITS ETF Meeting Date: 04/16/2021 Country: Ireland

Meeting Type: Annual Ticker: IHYU

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Ros O'Shea as Director 4

For For Re-elect Jessica Irschick as Director 5

For For Re-elect Barry O'Dwyer as Director 6

Against For Re-elect Paul McGowan as Director 7

Voter Rationale: Over boarding concerns.

Vote Summary Report


iShares II Public Limited Company - iShares $ High Yield Corp Bond UCITS ETF Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Re-elect Paul McNaughton as Director 8


Against For Re-elect Deirdre Somers as Director 9


Abstain For Re-elect Teresa O'Flynn as Director 10

Voter Rationale: on 9 March 2021 that NED Teresa O'Flynn has stepped down from the Board of all iShares funds.

For For Approve Proposed Updates to the Constitution 1

iShares II Public Limited Company - iShares J.P. Morgan $ EM Bond UCITS ETF Meeting Date: 04/16/2021 Country: Ireland

Meeting Type: Annual Ticker: JPEA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For






For For Re-elect Paul McGowan as Director 7

For For Re-elect Paul McNaughton as Director 8

For For Re-elect Deirdre Somers as Director 9

For For Re-elect Teresa O'Flynn as Director 10


iShares II Public Limited Company - iShares J.P. Morgan ESG $ EM Bond UCITS ETF Meeting Date: 04/16/2021 Country: Ireland

Meeting Type: Annual Ticker: EMES

Vote Summary Report


iShares II Public Limited Company - iShares J.P. Morgan ESG $ EM Bond UCITS ETF

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For











iShares V Public Limited Company - iShares Gold Producers UCITS ETF Meeting Date: 04/16/2021 Country: Ireland

Meeting Type: Annual Ticker: IAUP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For








Vote Summary Report


iShares V Public Limited Company - iShares Gold Producers UCITS ETF Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




iShares V Public Limited Company - iShares JP Morgan USD EM Corp Bond UCITS ETF Meeting Date: 04/16/2021 Country: Ireland

Meeting Type: Annual Ticker: EMCP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For








Abstain For Re-elect Teresa O'Flynn as Director 9

Voter Rationale: on 9 March 2021 that NED Teresa O'Flynn has stepped down from the Board of all iShares funds.



iShares V Public Limited Company - iShares S&P U.S. Banks UCITS ETF Meeting Date: 04/16/2021 Country: Ireland

Meeting Type: Annual Ticker: BNKS

Vote Summary Report


iShares V Public Limited Company - iShares S&P U.S. Banks UCITS ETF

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For











Jiayuan International Group Limited Meeting Date: 04/16/2021 Country: Cayman Islands


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Sale and Purchase Agreement, Issuance of Convertible Bonds, Grant of Specific Mandate to Issue Consideration Shares and Related Transactions

For For

Jonjee Hi-Tech Industrial & Commercial Holding Co., Ltd. Meeting Date: 04/16/2021 Country: China


Vote Summary Report


Jonjee Hi-Tech Industrial & Commercial Holding Co., Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







For For Approve Repurchase of the Company's Shares 7

Mori Hills REIT Investment Corp. Meeting Date: 04/16/2021 Country: Japan


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Articles to Amend Provisions on Deemed Approval System - Amend Asset Management Compensation

For For

For For Elect Executive Director Isobe, Hideyuki 2

For For Elect Supervisory Director Tamura, Masakuni 3.1

For For Elect Supervisory Director Nishimura, Koji 3.2

For For Elect Supervisory Director Ishijima, Miyako 3.3

For For Elect Supervisory Director Kitamura, Emi 3.4

Sungrow Power Supply Co., Ltd. Meeting Date: 04/16/2021 Country: China


Vote Summary Report


Sungrow Power Supply Co., Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Company's Eligibility for Issuance of Shares to Specific Targets

For For

For For Approve Share Type and Par Value 2.1

For For Approve Issue Manner and Issue Time 2.2

For For Approve Target Subscribers and Subscription Method

2.3

For For Approve Pricing Reference Date, Basis of Pricing and Issue Price

2.4

For For Approve Issue Size 2.5

For For Approve Lock-up Period 2.6

For For Approve Amount and Use of Proceeds 2.7


2.8


For For Approve Resolution Validity Period 2.10

For For Approve Plan for Issuance of Shares to Specific Targets

3

For For Approve Demonstration Analysis Report in Connection to Issuance of Shares to Specific Targets

4

For For Approve Feasibility Analysis Report on the Use of Proceeds

5

For For Approve Report on the Usage of Previously Raised Funds

6

For For Approve Counter-dilution Measures in Connection to the Issuance of Shares to Specific Targets

7


For For Approve Authorization of Board to Handle All Related Matters

9


For For Approve Provision of Financial Assistance 11

Swiss Re AG Meeting Date: 04/16/2021 Country: Switzerland

Meeting Type: Annual Ticker: SREN

Vote Summary Report


Swiss Re AG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Approve Remuneration Report For For


1.2


2

For For Approve Variable Short-Term Remuneration of Executive Committee in the Amount of CHF 15.1 Million

3


For For Reelect Sergio Ermotti as Director and Board Chairman

5.1.a

For For Reelect Raymond Ch'ien as Director 5.1.b

For For Reelect Renato Fassbind as Director 5.1.c

For For Reelect Karen Gavan as Director 5.1.d

For For Reelect Joachim Oechslin as Director 5.1.e

For For Reelect Deanna Ong as Director 5.1.f

For For Reelect Jay Ralph as Director 5.1.g

For For Reelect Joerg Reinhardt as Director 5.1.h

For For Reelect Philip Ryan as Director 5.1.i

For For Reelect Paul Tucker as Director 5.1.j

For For Reelect Jacques de Vaucleroy as Director 5.1.k

For For Reelect Susan Wagner as Director 5.1.l

For For Reelect Larry Zimpleman as Director 5.1.m

For For Reappoint Raymond Ch'ien as Member of the Compensation Committee

5.2.1

For For Reappoint Renato Fassbind as Member of the Compensation Committee

5.2.2

For For Reappoint Karen Gavan as Member of the Compensation Committee

5.2.3

For For Reappoint Joerg Reinhardt as Member of the Compensation Committee

5.2.4

For For Reappoint Jacques de Vaucleroy as Member of the Compensation Committee

5.2.5


5.3

For For Ratify KPMG as Auditors 5.4

Vote Summary Report


Swiss Re AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


6.1

For For Approve Fixed and Variable Long-Term Remuneration of Executive Committee in the Amount of CHF 36.5 Million

6.2

For For Approve Renewal of CHF 8.5 Million Pool of Authorized Share Capital with Partial Exclusion of Preemptive Rights

7



Swiss Re AG Meeting Date: 04/16/2021 Country: Switzerland

Meeting Type: Annual Ticker: SREN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Vonovia SE Meeting Date: 04/16/2021 Country: Germany

Meeting Type: Annual Ticker: VNA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


3


4




Vote Summary Report


Vonovia SE Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


8

For For Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds with Partial Exclusion of Preemptive Rights up to Aggregate Nominal Amount of EUR 12 Billion; Approve Creation of EUR 283 Million Pool of Capital to Guarantee Conversion Rights

9

Zhejiang Sanhua Intelligent Controls Co., Ltd. Meeting Date: 04/16/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







6


For For Approve Bill Pool Business 8

For For Approve Provision of Guarantees to Controlled Subsidiaries

9



11

For For Approve Use of Excess Raised Funds to Replenish Working Capital

12

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Vote Summary Report


Zhejiang Sanhua Intelligent Controls Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction






6


For For Approve Bill Pool Business 8

For For Approve Provision of Guarantees to Controlled Subsidiaries

9



11

For For Approve Use of Excess Raised Funds to Replenish Working Capital

12

Bajaj Finance Limited Meeting Date: 04/19/2021 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Employee Stock Option Scheme, 2009 For For

For For Approve Grant of Options to Employees of Holding and/or Subsidiary Company(ies) under the Amended Employee Stock Option Scheme, 2009

2

Banco Bilbao Vizcaya Argentaria SA Meeting Date: 04/19/2021 Country: Spain

Meeting Type: Annual Ticker: BBVA

Vote Summary Report


Banco Bilbao Vizcaya Argentaria SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Approve Treatment of Net Loss 1.3


For For Reelect Jose Miguel Andres Torrecillas as Director

2.1

For For Reelect Jaime Felix Caruana Lacorte as Director 2.2

For For Reelect Belen Garijo Lopez as Director 2.3

For For Reelect Jose Maldonado Ramos as Director 2.4

For For Reelect Ana Cristina Peralta Moreno as Director 2.5

For For Reelect Juan Pi Llorens as Director 2.6

For For Reelect Jan Paul Marie Francis Verplancke as Director

2.7


For For Approve Special Dividends 4

For For Authorize Issuance of Convertible Bonds, Debentures, Warrants, and Other Debt Securities without Preemptive Rights up to EUR 8 Billion

5


6


For For Fix Maximum Variable Compensation Ratio 8

For For Renew Appointment of KPMG Auditores as Auditor

9

For For Amend Article 21 Re: Allow Shareholder Meetings to be Held in Virtual-Only Format

10

For For Amend Article 5 of General Meeting Regulations Re: Allow Shareholder Meetings to be Held in Virtual-Only Format

11


12


Vote Summary Report


Banco Bilbao Vizcaya Argentaria SA Meeting Date: 04/19/2021 Country: Spain

Meeting Type: Annual Ticker: BBVA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Reelect Jose Miguel Andres Torrecillas as Director

2.1

For For Reelect Jaime Felix Caruana Lacorte as Director 2.2

For For Reelect Belen Garijo Lopez as Director 2.3

For For Reelect Jose Maldonado Ramos as Director 2.4

For For Reelect Ana Cristina Peralta Moreno as Director 2.5

For For Reelect Juan Pi Llorens as Director 2.6

For For Reelect Jan Paul Marie Francis Verplancke as Director

2.7


For For Approve Special Dividends 4

For For Authorize Issuance of Convertible Bonds, Debentures, Warrants, and Other Debt Securities without Preemptive Rights up to EUR 8 Billion

5


6


For For Fix Maximum Variable Compensation Ratio 8


9


10


11


12

Vote Summary Report


Banco Bilbao Vizcaya Argentaria SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Carrier Global Corp. Meeting Date: 04/19/2021 Country: USA

Meeting Type: Annual Ticker: CARR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director John V. Faraci For For

Against For Elect Director Jean-Pierre Garnier 1b

For For Elect Director David Gitlin 1c

For For Elect Director John J. Greisch 1d

For For Elect Director Charles M. Holley, Jr. 1e

For For Elect Director Michael M. McNamara 1f

For For Elect Director Michael A. Todman 1g

For For Elect Director Virginia M. Wilson 1h


2



Grameenphone Ltd. Meeting Date: 04/19/2021 Country: Bangladesh

Meeting Type: Annual Ticker: GP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Final Cash Dividend 2

For For Ratify Appointment of Abdul-Muyeed Chowdhury as Director

3.1

Vote Summary Report


Grameenphone Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Hakon Bruaset Kjol as Director 3.2

For For Reelect Md. Ashraful Hassan as Director 3.3

For For Reelect Parveen Mahmud as Director 3.4

For For Approve ACNABIN as Auditors and Al-Muqtadir Associates as Corporate Governance Compliance Auditors for Fiscal Year 2021 and Authorize Board to Fix their Remuneration

4

For For Approve Remuneration of Directors for Attending Board and Committees Meetings

1

Humanica Public Co. Ltd. Meeting Date: 04/19/2021 Country: Thailand

Meeting Type: Annual Ticker: HUMAN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




5

For For Elect Soontorn Dentham as Director 6.1

For For Elect Patara Yongvanich as Director 6.2

For For Elect Thanachart Numnonda as Director 6.3


For For Approve Deloitte Touche Tohmatsu Jaiyos Company Limited as Auditors and Authorize Board to Fix Their Remuneration

8

For For Approve Change in Company's Seal and Amend Articles of Association to Reflect Change in Company Seal

9

For For Approve Issuance and Offering of Warrants to Purchase Ordinary Shares for Directors and Employees

10

For For Approve Increase in Registered Capital and Amend Memorandum of Association to Reflect Increase in Registered Capital

11

Vote Summary Report


Humanica Public Co. Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Allocation of Newly Issued Ordinary Shares to Accommodate the Exercise of Warrants

12



Adobe Inc. Meeting Date: 04/20/2021 Country: USA

Meeting Type: Annual Ticker: ADBE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Amy Banse For For

For For Elect Director Melanie Boulden 1b

For For Elect Director Frank Calderoni 1c

For For Elect Director James Daley 1d

For For Elect Director Laura Desmond 1e

For For Elect Director Shantanu Narayen 1f

For For Elect Director Kathleen Oberg 1g

For For Elect Director Dheeraj Pandey 1h

For For Elect Director David Ricks 1i

For For Elect Director Daniel Rosensweig 1j

For For Elect Director John Warnock 1k


Against For Ratify KPMG LLP as Auditors 3



4

American Electric Power Company, Inc. Meeting Date: 04/20/2021 Country: USA

Meeting Type: Annual Ticker: AEP

Vote Summary Report


American Electric Power Company, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Nicholas K. Akins For For

For For Elect Director David J. Anderson 1.2

For For Elect Director J. Barnie Beasley, Jr. 1.3

For For Elect Director Art A. Garcia 1.4

For For Elect Director Linda A. Goodspeed 1.5

Against For Elect Director Thomas E. Hoaglin 1.6

For For Elect Director Sandra Beach Lin 1.7

For For Elect Director Margaret M. McCarthy 1.8

For For Elect Director Stephen S. Rasmussen 1.9

For For Elect Director Oliver G. Richard, III 1.10

For For Elect Director Daryl Roberts 1.11

For For Elect Director Sara Martinez Tucker 1.12



3

Asbury Automotive Group, Inc. Meeting Date: 04/20/2021 Country: USA

Meeting Type: Annual Ticker: ABG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Thomas J. Reddin For For

For For Elect Director Joel Alsfine 1b

For For Elect Director Thomas C. DeLoach, Jr. 1c

For For Elect Director William D. Fay 1d

For For Elect Director David W. Hult 1e

For For Elect Director Juanita T. James 1f

For For Elect Director Philip F. Maritz 1g

Vote Summary Report


Asbury Automotive Group, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Maureen F. Morrison 1h

For For Elect Director Bridget Ryan-Berman 1i


2


Banco Santander Mexico SA Institucion de Banca Multiple Meeting Date: 04/20/2021 Country: Mexico

Meeting Type: Special Ticker: BSMXB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Authorize Issuance of Subordinated Debentures For Against

Voter Rationale: May result in excessive dilution.

Against For Authorize Increase in Capital Represented by Shares that will be Held in Treasury

2


Against For Amend Articles to Reflect Changes in Capital 3


Against For Authorize Board to Ratify and Execute Approved Resolutions

4




Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Authorize Issuance of Subordinated Debentures For Against


Vote Summary Report


Banco Santander Mexico SA Institucion de Banca Multiple Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Authorize Increase in Capital Represented by Shares that will be Held in Treasury

2


Against For Amend Articles to Reflect Changes in Capital 3



4


Bank of America Corporation Meeting Date: 04/20/2021 Country: USA

Meeting Type: Annual Ticker: BAC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Sharon L. Allen For For

For For Elect Director Susan S. Bies 1b

For For Elect Director Frank P. Bramble, Sr. 1c

For For Elect Director Pierre J.P. de Weck 1d

For For Elect Director Arnold W. Donald 1e

For For Elect Director Linda P. Hudson 1f

For For Elect Director Monica C. Lozano 1g

For For Elect Director Thomas J. May 1h

For For Elect Director Brian T. Moynihan 1i

For For Elect Director Lionel L. Nowell, III 1j

For For Elect Director Denise L. Ramos 1k

For For Elect Director Clayton S. Rose 1l

For For Elect Director Michael D. White 1m

For For Elect Director Thomas D. Woods 1n

For For Elect Director R. David Yost 1o

For For Elect Director Maria T. Zuber 1p


2

Vote Summary Report


Bank of America Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




For Against Amend Proxy Access Right 5

Voter Rationale: This proposal would enhance shareholder rights.



Against Against Approve Change in Organizational Form 7

Voter Rationale: The company is being asked to approve an amendment to the company's Restated Certificate of Incorporation to become a Public Benefit Corporation (PBC) pursuant to Delaware law. We are supportive companies operating in a responsible and sustainable manner, and balancing shareholders' interests and the interests of stakeholders. However, at this time PBCs are not common or well established for companies of this size, even for banks that lead peers on sustainability issues. Therefore we do not support this resolution.

For Against Request on Racial Equity Audit 8

Voter Rationale: The company is being asked to oversee and report a racial equity audit analyzing the adverse impacts of the company on non-white stakeholders and communities of color. We welcome the company’s existing initiatives and reporting in this area, including its recent $1 billion initiative to help advance racial equality and economic opportunity, human capital reporting, and ongoing engagement with consumer advocates via its National Community Advisory Council (NCAC). We are supportive of an audit that would help the bank identify and address any remaining gaps or areas of development in its current approach. As such, we support the proposal.

Breedon Group Plc Meeting Date: 04/20/2021 Country: Jersey

Meeting Type: Annual Ticker: BREE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Approve Performance Share Plan 5

For For Elect James Brotherton as Director 6

For For Elect Helen Miles as Director 7

For For Re-elect Amit Bhatia as Director 8

Vote Summary Report


Breedon Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Carol Hui as Director 9

For For Re-elect Moni Mannings as Director 10

Against For Re-elect Clive Watson as Director 11

Voter Rationale: Over boarded with multiple external appointments and audit committee chairmanships.

For For Re-elect Rob Wood as Director 12



14


15


Bufab AB Meeting Date: 04/20/2021 Country: Sweden

Meeting Type: Annual Ticker: BUFAB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







7a


7b

For For Approve Discharge of Board Chairman Bengt Liljedahl

7c1

For For Approve Discharge of Board Member Hans Bjorstrand

7c2

For For Approve Discharge of Board Member Johanna Hagelberg

7c3

For For Approve Discharge of Board Member Eva Nilsagard

7c4

Vote Summary Report


Bufab AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discharge of Board Member Anna Liljedahl

7c5

For For Approve Discharge of Board Member Per-Arne Blomquist

7c6

For For Approve Discharge of Board Member Bertil Persson

7c7

For For Approve Discharge of Former Board Chairman Sven-Olof Kulldorff

7c8

For For Approve Discharge of Former Board Member Johan Sjo

7c9

For For Approve Discharge of Board Member Jorgen Rosengren

7c10


8


9

For For Approve Remuneration of Directors in the Amount SEK 600,000 for Chairman and SEK 275,000 for Other Directors; Approve Remuneration for Committee Work

10


For For Reelect Bengt Liljedahl as Director 12a

For For Reelect Hans Bjorstrand as Director 12b

For For Reelect Johanna Hagelberg as Director 12c

For For Reelect Eva Nilsagard as Director 12d

For For Reelect Anna Liljedahl as Director 12e

For For Reelect Per-Arne Blomquist as Director 12f

For For Reelect Bertil Persson as Director 12g

For For Reelect Bengt Liljedahl as Board Chair 12h


For For Authorize Chairman of Board and Representatives of Four of Company's Largest Shareholders to Serve on Nominating Committee

14


Voter Rationale: Continued lack of disclosure around the specific performance targets used.


16

Voter Rationale: Lack of disclosure around the performance metrics used in the variable pay plans so unable to make an informed decision.

Vote Summary Report


Bufab AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Stock Option Plan for Key Employees 17


For For Amend Articles Re: Proxies and Postal Ballots; Editorial Changes

19

CapitaLand China Trust Meeting Date: 04/20/2021 Country: Singapore

Meeting Type: Annual Ticker: AU8U

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Adopt Trustee's Report, Statement by the Manager, Audited Financial Statements and Auditors' Report

For For


2

For For Approve Issuance of Equity or Equity-Linked Securities with or without Preemptive Rights

3


For For Approve Issuance of Units Pursuant to the CLCT Distribution Reinvestment Plan

5

Carel Industries SpA Meeting Date: 04/20/2021 Country: Italy

Meeting Type: Annual/Special Ticker: CRL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Company Bylaws Re: Articles 17 and 23 For For


1.1


For For Fix Number of Directors 2.1

For For Fix Board Terms for Directors 2.2

Vote Summary Report


Carel Industries SpA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against None Slate Submitted by Luigi Rossi Luciani Sapa and Luigi Nalini Sapa

2.3.1

Voter Rationale: Supportive of alternative slate.

For None Slate Submitted by Institutional Investors (Assogestioni)

2.3.2

For None Elect Luigi Rossi Luciani as Board Chair 2.4.a

For None Elect Luigi Nalini as Board Vice-Chairman 2.4.b

For For Approve Remuneration of Directors 2.5

Against None Slate Submitted by Luigi Rossi Luciani Sapa and Luigi Nalini Sapa

3.1.1



3.1.2

For None Appoint Chairman of Internal Statutory Auditors 3.2

For For Approve Internal Auditors' Remuneration 3.3

For For Approve Remuneration Policy 4.1


4.2

Against For Approve Performance Share Plan 5

Voter Rationale: Lack of transparency around the number of shares and the performance targets attached to this plan so shareholders are unable to assess its stringency.


6


A


Carnival Corporation Meeting Date: 04/20/2021 Country: Panama

Meeting Type: Annual Ticker: CCL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Re-elect Micky Arison as a Director of Carnival Corporation and as a Director of Carnival plc.

For For

Vote Summary Report


Carnival Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Jonathon Band as a Director of Carnival Corporation and as a Director of Carnival plc.

2

For For Re-elect Jason Glen Cahilly as a Director of Carnival Corporation and as a Director of Carnival plc.

3

For For Re-elect Helen Deeble as a Director of Carnival Corporation and as a Director of Carnival plc.

4

For For Re-elect Arnold W. Donald as a Director of Carnival Corporation and as a Director of Carnival plc.

5

For For Re-elect Jeffrey J. Gearhart as a Director of Carnival Corporation and as a Director of Carnival plc.

6

Against For Re-elect Richard J. Glasier as a Director of Carnival Corporation and as a Director of Carnival plc.

7

For For Re-elect Katie Lahey as a Director of Carnival Corporation and as a Director of Carnival plc.

8

For For Re-elect John Parker as a Director of Carnival Corporation and as a Director of Carnival plc.

9

Against For Re-elect Stuart Subotnick as a Director of Carnival Corporation and as a Director of Carnival plc.

10

For For Re-elect Laura Weil as a Director of Carnival Corporation and as a Director of Carnival plc.

11

For For Re-elect Randall J. Weisenburger as a Director of Carnival Corporation and as a Director of Carnival plc.

12


13

For For Approve Directors' Remuneration Report (in accordance with legal requirements applicable to UK companies)

14

Against For Reappoint PricewaterhouseCoopers LLP as Independent Auditors of Carnival plc; Ratify the Selection of the U.S. Firm of PricewaterhouseCoopers LLP as the Independent Registered Certified Public Accounting Firm of Carnival Corporation

15

Against For Authorize Board to Fix Remuneration of Auditors 16

For For Receive the UK Accounts and Reports of the Directors and Auditors of Carnival plc for the year ended November 30, 2020 (in accordance with legal requirements applicable to UK companies).

17

Vote Summary Report


Carnival Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Issuance of Equity 18


19



China Reinsurance (Group) Corporation Meeting Date: 04/20/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Xiong Lianhua as Supervisor For For

For For Approve Remuneration of Directors and Supervisors

2

Churchill Downs Incorporated Meeting Date: 04/20/2021 Country: USA

Meeting Type: Annual Ticker: CHDN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director William C. Carstanjen For For

For For Elect Director Karole F. Lloyd 1.2

For For Elect Director Paul C. Varga 1.3



3

Covivio SA Meeting Date: 04/20/2021 Country: France

Meeting Type: Annual/Special Ticker: COV

Vote Summary Report


Covivio SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3


4

For For Approve Remuneration Policy of Chairman of the Board

5

For For Approve Remuneration Policy of CEO 6

For For Approve Remuneration Policy of Vice-CEOs 7



9

For For Approve Compensation of Jean Laurent, Chairman of the Board

10

For For Approve Compensation of Christophe Kullmann, CEO

11

For For Approve Compensation of Olivier Esteve, Vice-CEO

12

For For Approve Compensation of Dominique Ozanne, Vice-CEO

13

For For Reelect Sylvie Ouziel as Director 14

For For Reelect Jean-Luc Biamonti as Director 15

For For Reelect Predica as Director 16


17


18


19


20


21

Vote Summary Report


Covivio SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Authorize Capital Increase of Up to 10 Percent of Issued Share Capital for Future Exchange Offers

22


23


24

For For Amend Articles 8 and 10 of Bylaws Re. Shareholding Disclosure Thresholds and Shares

25


26

Fuller, Smith & Turner Plc Meeting Date: 04/20/2021 Country: United Kingdom

Meeting Type: Special Ticker: FSTA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Authorise Issue of Equity in Connection with the Placing and A Ordinary Share Director Subscriptions

For For

For For Authorise Issue of Equity without Pre-emptive Rights in Connection with the Placing, the Director Subscriptions and the B Share Offer

2

Fuller, Smith & Turner Plc Meeting Date: 04/20/2021 Country: United Kingdom

Meeting Type: Special Ticker: FSTA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Obtain the Consent of A Ordinary Shareholders and C Ordinary Shareholders to the Placing and A Ordinary Share Director Subscriptions

For For

Vote Summary Report


Getinge AB Meeting Date: 04/20/2021 Country: Sweden

Meeting Type: Annual Ticker: GETI.B

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction






10

For For Approve Allocation of Income and Dividends of SEK 3 Per Share

11

For For Approve Discharge of Carl Bennet 12.a

For For Approve Discharge of Johan Bygge 12.b

For For Approve Discharge of Cecilia Daun Wennborg 12.c

For For Approve Discharge of Barbro Friden 12.d

For For Approve Discharge of Dan Frohm 12.e

For For Approve Discharge of Sofia Hasselberg 12.f

For For Approve Discharge of Johan Malmquist 12.g

For For Approve Discharge of Malin Persson 12.h

For For Approve Discharge of Johan Stern 12.i

For For Approve Discharge of Mattias Perjos 12.j

For For Approve Discharge of Rickard Karlsson 12.k

For For Approve Discharge of Ake Larsson 12.l

For For Approve Discharge of Peter Jormalm 12.m

For For Approve Discharge of Fredrik Brattborn 12.n


13.a


13.b

For For Approve Remuneration of Directors in the Aggregate Amount of SEK 6.5 Million; Approve Remuneration for Committee Work

14.a


Vote Summary Report


Getinge AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Reelect Carl Bennet as Director 15.a


Against For Reelect Johan Bygge as Director 15.b

Voter Rationale: Non-independent Chair of the audit committee.

Against For Reelect Cecilia Daun Wennborg as Director 15.c


For For Reelect Barbro Friden as Director 15.d

For For Reelect Dan Frohm as Director 15.e

For For Reelect Sofia Hasselberg as Director 15.f

For For Reelect Johan Malmquist as Director 15.g

For For Reelect Mattias Perjos as Director 15.h

For For Reelect Malin Persson as Director 15.i

For For Elect Kristian Samuelsson as New Director 15.j

For For Reelect Johan Malmquist as Board Chairman 15.k



Voter Rationale: Performance period of LTIP is less than three years and the plan is fully based on EPS.


18

Voter Rationale: Performance period of LTIP is less than three years and the plan is fully based on EPS.

GlobalData Plc Meeting Date: 04/20/2021 Country: United Kingdom

Meeting Type: Annual Ticker: DATA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For Against

Voter Rationale: Remuneration policy allows retesting of in flight awards.


For For Re-elect Michael Danson as Director 3

Vote Summary Report


GlobalData Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Graham Lilley as Director 4

For For Re-elect Annette Barnes as Director 5

For For Re-elect Andrew Day as Director 6

For For Re-elect Peter Harkness as Director 7

For For Re-elect Murray Legg as Director 8

For For Elect Catherine Birkett as Director 9

For For Elect Elizabeth Pritchard as Director 10



12



14


For For Approve Capitalisation of Merger Reserve and Other Reserve

16

For For Approve Capital Reduction 17

For For Approve Matters Relating to the Relevant Distributions

18

Globe Telecom, Inc. Meeting Date: 04/20/2021 Country: Philippines

Meeting Type: Annual Ticker: GLO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Minutes of Stockholders' Meeting held on April 21, 2020

For For

For For Approve the Annual Report of Officers and Audited Financial Statements

2

For For Ratify All Acts and Resolutions of the Board of Directors and Management Adopted During the Preceding Year

3

Against For Elect Jaime Augusto Zobel de Ayala as Director 4.1


Vote Summary Report


Globe Telecom, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect Lang Tao Yih, Arthur as Director 4.2


Against For Elect Fernando Zobel de Ayala as Director 4.3


Against For Elect Samba Natarajan as Director 4.4


For For Elect Ernest L. Cu as Director 4.5

Against For Elect Delfin L. Lazaro as Director 4.6


Against For Elect Romeo L. Bernardo as Director 4.7


Against For Elect Cezar P. Consing as Director 4.8


For For Elect Rex Ma. A. Mendoza as Director 4.9

For For Elect Saw Phaik Hwa as Director 4.10

For For Elect Cirilo P. Noel as Director 4.11

For For Approve Independent Auditors and Fixing of Their Remuneration

5

Against For Approve Other Matters 6


Infrastrutture Wireless Italiane SpA Meeting Date: 04/20/2021 Country: Italy

Meeting Type: Annual Ticker: INW

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




4

Vote Summary Report


Infrastrutture Wireless Italiane SpA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Integrate Remuneration of Auditors 5

Against None Slate Submitted by Daphne 3 SpA and Central Tower Holding Company BV

6.1



6.2

For None Appoint Chairman of Internal Statutory Auditors 7

For None Approve Internal Auditors' Remuneration 8

For For Elect Directors (Bundled) and Approve Their Remuneration

9

Italgas SpA Meeting Date: 04/20/2021 Country: Italy

Meeting Type: Annual/Special Ticker: IG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




3.2

Against For Approve Co-Investment Plan 4

Voter Rationale: Performance targets are not disclosed as well as no evidence of a lock up period.

Against For Authorize Board to Increase Capital to Service Co-Investment Plan

1

Voter Rationale: Performance targets are not disclosed as well as no evidence of a lock up period.


A


Jadestone Energy Inc. Meeting Date: 04/20/2021 Country: Canada

Meeting Type: Special Ticker: JSE

Vote Summary Report


Jadestone Energy Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Reorganization Plan For For

Keppel Infrastructure Trust Meeting Date: 04/20/2021 Country: Singapore

Meeting Type: Annual Ticker: A7RU

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Deloitte & Touche LLP as Auditors and Authorize Trustee-Manager to Fix Their Remuneration

2

For For Elect Daniel Cuthbert Ee Hock Huat as Director 3

For For Elect Mark Andrew Yeo Kah Chong as Director 4

For For Elect Chong Suk Shien as Director 5


6


For For Approve Renewal of Unitholders' Mandate for Interested Person Transactions

7


Kingfa Sci. & Tech. Co., Ltd. Meeting Date: 04/20/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Vote Summary Report


Kingfa Sci. & Tech. Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction





For For Approve to Appoint Financial and Internal Control Auditor

6

For For Approve Guarantee Provision Plan 7


Against For Approve Credit Line Application 9


For For Approve Adjustment of Allowance of Independent Directors

10


Kontoor Brands, Inc. Meeting Date: 04/20/2021 Country: USA

Meeting Type: Annual Ticker: KTB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Kathleen S. Barclay For Withhold

Voter Rationale: Failure to remove the supermajority vote requirement.

For For Elect Director Robert M. Lynch 1.2



3

L'Oreal SA Meeting Date: 04/20/2021 Country: France

Meeting Type: Annual/Special Ticker: OR

Vote Summary Report


L'Oreal SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2

For For Approve Allocation of Income and Dividends of EUR 4 per Share and an Extra of EUR 0.40 per Share to Long Term Registered Shares

3

For For Elect Nicolas Hieronimus as Director 4

For For Elect Alexandre Ricard as Director 5

For For Reelect Francoise Bettencourt Meyers as Director

6

For For Reelect Paul Bulcke as Director 7

For For Reelect Virginie Morgon as Director 8


9

For For Approve Compensation of Jean-Paul Agon, Chairman and CEO

10


For For Approve Remuneration Policy of Jean-Paul Agon, Chairman and CEO Until April 30, 2021

12

For For Approve Remuneration Policy of Nicolas Hieronimus, CEO Since May 1, 2021

13

Against For Approve Remuneration Policy of Jean-Paul Agon, Chairman of the Board Since May 1, 2021

14

Voter Rationale: Excessive salary for a non executive Chairman.

Against For Approve Amendment of Employment Contract of Nicolas Hieronimus, CEO Since May 1, 2021

15

Voter Rationale: Excessive severance award.


16

For For Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up a Maximum Nominal Share Capital value of EUR 156,764,042.40

17

For For Authorize Capitalization of Reserves for Bonus Issue or Increase in Par Value

18


19

Vote Summary Report


L'Oreal SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


20


21

For For Amend Article 9.2 of Bylaws Re: Written Consultation

22


23

M&T Bank Corporation Meeting Date: 04/20/2021 Country: USA

Meeting Type: Annual Ticker: MTB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director C. Angela Bontempo For For

For For Elect Director Robert T. Brady 1.2

For For Elect Director Calvin G. Butler, Jr. 1.3

For For Elect Director T. Jefferson Cunningham, III 1.4

For For Elect Director Gary N. Geisel 1.5

For For Elect Director Leslie V. Godridge 1.6

For For Elect Director Richard S. Gold 1.7

For For Elect Director Richard A. Grossi 1.8

For For Elect Director Rene F. Jones 1.9

For For Elect Director Richard H. Ledgett, Jr. 1.10

For For Elect Director Newton P.S. Merrill 1.11

For For Elect Director Kevin J. Pearson 1.12

For For Elect Director Melinda R. Rich 1.13

For For Elect Director Robert E. Sadler, Jr. 1.14

For For Elect Director Denis J. Salamone 1.15

For For Elect Director John R. Scannell 1.16

For For Elect Director David S. Scharfstein 1.17

For For Elect Director Rudina Seseri 1.18

Vote Summary Report


M&T Bank Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Herbert L. Washington 1.19


2



Metropole Television SA Meeting Date: 04/20/2021 Country: France

Meeting Type: Annual/Special Ticker: MMT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3


4


5

For For Approve Compensation of Nicolas de Tavernost, Chairman of the Management Board

6

Against For Approve Remuneration Policy of Chairman of the Management Board

7

Voter Rationale: Significant discretionary element to the plan as well as a lack of disclosure around the performance conditions in the LTIP.

Against For Approve Compensation of Thomas Valentin, Management Board Member

8

Voter Rationale: Lack of disclosure around the performance criteria attached to the annual bonus.

Against For Approve Compensation of Jerome Lefebure, Management Board Member

9


Against For Approve Compensation of David Larramendy, Management Board Member

10


Vote Summary Report


Metropole Television SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Compensation of Regis Ravanas, Management Board Member Since July 28, 2020

11


Against For Approve Remuneration Policy of Management Board Members

12


For For Approve Compensation of Elmar Heggen, Chairman of the Supervisory Board

13

For For Approve Remuneration Policy of Supervisory Board Members

14


15


16


17

Moody's Corporation Meeting Date: 04/20/2021 Country: USA

Meeting Type: Annual Ticker: MCO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Jorge A. Bermudez For For

For For Elect Director Therese Esperdy 1b

For For Elect Director Robert Fauber 1c

For For Elect Director Vincent A. Forlenza 1d

For For Elect Director Kathryn M. Hill 1e

For For Elect Director Lloyd W. Howell, Jr. 1f

For For Elect Director Raymond W. McDaniel, Jr. 1g

For For Elect Director Leslie F. Seidman 1h

For For Elect Director Bruce Van Saun 1i



3

Vote Summary Report


Moody's Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve 2020 Decarbonization Plan 4

National Petrochemical Co. (Saudi Arabia) Meeting Date: 04/20/2021 Country: Saudi Arabia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports for FY 2020

For For


2

For For Approve Board Report on Company Operations for FY 2020

3


For For Ratify Auditors and Fix Their Remuneration for Q2, Q3, Q4 and Annual Statement of FY 2021 and Q1 of FY 2022

5

For For Approve Dividends of SAR 0.75 per Share for FY 2020

6

For For Approve Remuneration of Directors of SAR 1,600,000 for FY 2020

7

For For Approve Related Party Transactions Re: Saudi Polymer Company (Subsidiary) and SAMBA Bank

8

For For Approve Interim Dividends Semi Annually or Quarterly for FY 2021

9

For For Amend Board of Directors Policies 10

For For Amend Corporate Governance Charter 11

NextEra Energy Partners, LP Meeting Date: 04/20/2021 Country: USA

Meeting Type: Annual Ticker: NEP

Vote Summary Report


NextEra Energy Partners, LP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Susan D. Austin For For

For For Elect Director Robert J. Byrne 1b

For For Elect Director Peter H. Kind 1c

Against For Elect Director James L. Robo 1d

Voter Rationale: The nominee is board chair and lack of formal compensation and nominating committees.

For For Ratify Deloitte & Touche LLP as Auditors 2

Against For Advisory Vote to Ratify Named Executive Officers' Compensation

3


Nordic Semiconductor ASA Meeting Date: 04/20/2021 Country: Norway

Meeting Type: Annual Ticker: NOD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Open Meeting; Registration of Attending Shareholders and Proxies

For For

For For Elect Chairman of Meeting; Designate Inspector(s) of Minutes of Meeting

2



4

Against For Approve Remuneration of Directors in the Amount NOK 750,000 for Chairman, NOK 325,000 for Shareholder Elected Directors and NOK 150,000 for Employee Elected Directors

6a

For For Approve Compensation for Nomination Committee

6b

For For Approve Remuneration of Auditors 6c


7

For For Approve Creation of NOK 192,000 Pool of Capital without Preemptive Rights

8

Vote Summary Report


Nordic Semiconductor ASA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Birger Steen (Chair) as Director 9a

For For Reelect Jan Frykhammar as Director 9b

For For Reelect Inger Berg Orstavik as Director 9c

For For Reelect Anita Huun as Director 9d

For For Reelect Oyvind Birkenes as Director 9e

For For Reelect Endre Holen as Director 9f

For For Reelect Annastiina Hintsa as Director 9g

For For Reelect John Harald as Member of Nominating Committee

10a

For For Reelect Viggo Leisner as Member of Nominating Committee

10b

For For Elect Eivind Lotsberg as New Member of Nominating Committee

10c

For For Amend Articles Re: Advance Voting 11


12a

Against For Approve Long-Term Incentive Plan 12b

Northern Trust Corporation Meeting Date: 04/20/2021 Country: USA

Meeting Type: Annual Ticker: NTRS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Linda Walker Bynoe For Against

For For Elect Director Susan Crown 1b

For For Elect Director Dean M. Harrison 1c

For For Elect Director Jay L. Henderson 1d

For For Elect Director Marcy S. Klevorn 1e

For For Elect Director Siddharth N. (Bobby) Mehta 1f

For For Elect Director Michael G. O'Grady 1g

For For Elect Director Jose Luis Prado 1h

For For Elect Director Thomas E. Richards 1i

Vote Summary Report


Northern Trust Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Martin P. Slark 1j

For For Elect Director David H. B. Smith, Jr. 1k

For For Elect Director Donald Thompson 1l

For For Elect Director Charles A. Tribbett, III 1m


2


Petro Rio SA Meeting Date: 04/20/2021 Country: Brazil

Meeting Type: Annual Ticker: PRIO3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3

Voter Rationale: Lack of transparency so unable to assess pay for performance alignment.


4

For For Elect Fiscal Council Members 5


6


Petronas Gas Berhad Meeting Date: 04/20/2021 Country: Malaysia


Vote Summary Report


Petronas Gas Berhad

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Abdul Razak Abdul Majid as Director For For

For For Elect Farina Farikhullah Khan as Director 2

For For Elect Adnan Zainol Abidin as Director 3

For For Elect Yeow Kian Chai as Director 4

For For Elect Abdul Aziz Othman as Director 5

For For Approve Directors' Fees and Allowances 6

For For Approve KPMG PLT as Auditors and Authorize Board to Fix Their Remuneration

7

Pinnacle Financial Partners, Inc. Meeting Date: 04/20/2021 Country: USA

Meeting Type: Annual Ticker: PNFP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Abney S. Boxley, III For For

For For Elect Director Gregory L. Burns 1.2

For For Elect Director Thomas C. Farnsworth, III 1.3

For For Elect Director David B. Ingram 1.4

For For Elect Director Decosta E. Jenkins 1.5

For For Elect Director G. Kennedy Thompson 1.6

For For Elect Director Charles E. Brock 1.7

For For Elect Director Richard D. Callicutt, II 1.8

For For Elect Director Joseph C. Galante 1.9

For For Elect Director Robert A. McCabe, Jr. 1.10

For For Elect Director Reese L. Smith, III 1.11

For For Elect Director M. Terry Turner 1.12

For For Elect Director Renda J. Burkhart 1.13

For For Elect Director Marty G. Dickens 1.14

Vote Summary Report


Pinnacle Financial Partners, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Glenda Baskin Glover 1.15

For For Elect Director Ronald L. Samuels 1.16

For For Ratify Crowe LLP as Auditors 2


3


PostNL NV Meeting Date: 04/20/2021 Country: Netherlands

Meeting Type: Annual Ticker: PNL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

3a Approve Remuneration Report For For



5b

For For Approve Discharge of Management Board 6a

For For Approve Discharge of Supervisory Board 6b

For For Reelect Agnes Jongerius to Supervisory Board 7d

For For Elect Koos Timmermans to Supervisory Board 7e

For For Elect Nienke Meijer to Supervisory Board 7f

For For Ratify Ernst & Young Accountants LLP as Auditors for FY 2021

8a

For For Ratify KPMG Accountants NV as Auditors for FY 2022, 2023 and 2024

8b


9a


9b


9c

Vote Summary Report


PS Business Parks, Inc. Meeting Date: 04/20/2021 Country: USA

Meeting Type: Annual Ticker: PSB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Ronald L. Havner, Jr. For For

For For Elect Director Maria R. Hawthorne 1.2

For For Elect Director Jennifer Holden Dunbar 1.3

For For Elect Director Kristy M. Pipes 1.4

For For Elect Director Gary E. Pruitt 1.5

For For Elect Director Robert S. Rollo 1.6

For For Elect Director Joseph D. Russell, Jr. 1.7

For For Elect Director Peter Schultz 1.8

For For Elect Director Stephen W. Wilson 1.9


2

For For Change State of Incorporation from California to Maryland

3



Public Service Enterprise Group Incorporated Meeting Date: 04/20/2021 Country: USA

Meeting Type: Annual Ticker: PEG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Ralph Izzo For For

Against For Elect Director Shirley Ann Jackson 1.2

Against For Elect Director Willie A. Deese 1.3

For For Elect Director David Lilley 1.4

For For Elect Director Barry H. Ostrowsky 1.5

For For Elect Director Scott G. Stephenson 1.6

Vote Summary Report


Public Service Enterprise Group Incorporated Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Laura A. Sugg 1.7

Against For Elect Director John P. Surma 1.8

For For Elect Director Susan Tomasky 1.9

For For Elect Director Alfred W. Zollar 1.10


2


For For Approve Non-Employee Director Restricted Stock Plan

4


Recordati SpA Meeting Date: 04/20/2021 Country: Italy

Meeting Type: Annual Ticker: REC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Accept Financial Statements and Statutory Reports

For For

For For Approve Allocation of Income 1b

For For Approve Remuneration Policy 2a


2b


Voter Rationale: Lack of disclosure around the performance targets related to the adjusted net income criteria so unable to ass pay for performance alignment.


4


A


Shanghai M&G Stationery, Inc. Meeting Date: 04/20/2021 Country: China


Vote Summary Report


Shanghai M&G Stationery, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction






For For Approve Estimate Related Party Transaction 6


For For Approve Remuneration Standard of Directors 8

For For Approve Appointment of Financial Report and Internal Control Auditor

9

Sika AG Meeting Date: 04/20/2021 Country: Switzerland

Meeting Type: Annual Ticker: SIKA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


For For Reelect Paul Haelg as Director 4.1.1

For For Reelect Monika Ribar as Director 4.1.2

For For Reelect Daniel Sauter as Director 4.1.3

For For Reelect Christoph Tobler as Director 4.1.4

For For Reelect Justin Howell as Director 4.1.5

For For Reelect Thierry Vanlancker as Director 4.1.6

For For Reelect Viktor Balli as Director 4.1.7

For For Elect Paul Schuler as Director 4.2

For For Reelect Paul Haelg as Board Chairman 4.3

Vote Summary Report


Sika AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Appoint Daniel Sauter as Member of the Nomination and Compensation Committee

4.4.1

For For Appoint Justin Howell as Member of the Nomination and Compensation Committee

4.4.2

For For Appoint Thierry Vanlancker as Member of the Nomination and Compensation Committee

4.4.3


For For Designate Jost Windlin as Independent Proxy 4.6



5.2


5.3



Sika AG Meeting Date: 04/20/2021 Country: Switzerland

Meeting Type: Annual Ticker: SIKA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


SM Prime Holdings, Inc. Meeting Date: 04/20/2021 Country: Philippines

Meeting Type: Annual Ticker: SMPH

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Minutes of Previous Meeting Held on June 15, 2020

For For

For For Approve 2020 Annual Report 2

Vote Summary Report


SM Prime Holdings, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Ratify Acts of the Board of Directors and the Management from the Date of the Last Annual Stockholders' Meeting up to the Date of this Meeting

3

For For Elect Henry T. Sy, Jr. as Director 4.1

For For Elect Hans T. Sy as Director 4.2

For For Elect Herbert T. Sy as Director 4.3

For For Elect Jeffrey C. Lim as Director 4.4

For For Elect Jorge T. Mendiola as Director 4.5

For For Elect Amando M. Tetangco, Jr. as Director 4.6

For For Elect J. Carlitos G. Cruz as Director 4.7

For For Elect Darlene Marie B. Berberabe as Director 4.8

For For Elect Sycip Gorres Velayo & Co. as External Auditor

5


The Boeing Company Meeting Date: 04/20/2021 Country: USA

Meeting Type: Annual Ticker: BA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Robert A. Bradway For For

For For Elect Director David L. Calhoun 1b

For For Elect Director Lynne M. Doughtie 1c

For For Elect Director Edmund P. Giambastiani, Jr. 1d

For For Elect Director Lynn J. Good 1e

For For Elect Director Akhil Johri 1f

For For Elect Director Lawrence W. Kellner 1g

For For Elect Director Steven M. Mollenkopf 1h

For For Elect Director John M. Richardson 1i

For For Elect Director Ronald A. Williams 1j

Vote Summary Report


The Boeing Company Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


2



For Against Report on Lobbying Payments and Policy 4

Voter Rationale: The company is asked for a more comprehensive reporting and disclosure of its lobbying activities on an annual basis, which we are supportive of, especially considering the company operates in an industry closely linked to government actions and policy.


Voter Rationale: Proposal would enhance shareholder rights.

The Coca-Cola Company Meeting Date: 04/20/2021 Country: USA

Meeting Type: Annual Ticker: KO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Herbert A. Allen For For

For For Elect Director Marc Bolland 1.2

For For Elect Director Ana Botin 1.3

For For Elect Director Christopher C. Davis 1.4

Against For Elect Director Barry Diller 1.5


For For Elect Director Helene D. Gayle 1.6

For For Elect Director Alexis M. Herman 1.7

For For Elect Director Robert A. Kotick 1.8

For For Elect Director Maria Elena Lagomasino 1.9

For For Elect Director James Quincey 1.10

For For Elect Director Caroline J. Tsay 1.11

For For Elect Director David B. Weinberg 1.12


2

Against For Ratify Ernst & Young LLP as Auditor 3


Vote Summary Report


The Coca-Cola Company Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against Against Report on Sugar and Public Health 4

Voter Rationale: The proponent requires the company to issue a report on Sugar and Public Health, supported by independent and nationally recognised scientists. We believe a vote AGAINST is warranted. Whilst this is a very important issue, there is extensive publicly available information assessing the company's beverage portfolio and business practices against nutrition standards, and the company also recognises and discloses regulatory risks (related to nutritional content, required increased nutrient disclosures and taxes on sugar) in its annual report. We do not believe an additional report would significantly improve the existing disclosure on this topic.

U.S. Bancorp Meeting Date: 04/20/2021 Country: USA

Meeting Type: Annual Ticker: USB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Warner L. Baxter For For

For For Elect Director Dorothy J. Bridges 1b

For For Elect Director Elizabeth L. Buse 1c

For For Elect Director Andrew Cecere 1d

For For Elect Director Kimberly N. Ellison-Taylor 1e

For For Elect Director Kimberly J. Harris 1f

For For Elect Director Roland A. Hernandez 1g

For For Elect Director Olivia F. Kirtley 1h

For For Elect Director Karen S. Lynch 1i

For For Elect Director Richard P. McKenney 1j

For For Elect Director Yusuf I. Mehdi 1k

For For Elect Director John P. Wiehoff 1l

For For Elect Director Scott W. Wine 1m



3

VERBUND AG Meeting Date: 04/20/2021 Country: Austria

Meeting Type: Annual Ticker: VER

Vote Summary Report


VERBUND AG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


3


4

Against For Ratify Deloitte as Auditors for Fiscal Year 2021 5

Voter Rationale: Auditor has a tenure over 10 years with no evidence of the company having conducted a tender process.


Voter Rationale: The level of disclosure means we are not able to accurately assess pay for performance alignment.


7


Voter Rationale: Proposals may not be in shareholders' interests.


8.2

Voter Rationale: Proposals may not be in shareholders' interests.

Vontobel Holding AG Meeting Date: 04/20/2021 Country: Switzerland

Meeting Type: Annual Ticker: VONN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3

For For Reelect Herbert Scheidt as Director and as Board Chairman

4.1

For For Reelect Bruno Basler as Director and as Member of the Nomination and Compensation Committee

4.2

Vote Summary Report


Vontobel Holding AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Maja Baumann as Director 4.3

For For Reelect Elisabeth Bourqui as Director and as Member of the Nomination and Compensation Committee

4.4

For For Reelect David Cole as Director 4.5

For For Reelect Stefan Loacker as Director 4.6

For For Reelect Clara Streit as Director and as Member of the Nomination and Compensation Committee

4.7

For For Reelect Bjoern Wettergren as Director and as Member of the Nomination and Compensation Committee

4.8

For For Elect Andreas Utermann as Director 4.9

For For Elect Michael Halbherr as Director and as Member of the Nomination and Compensation Committee

4.10

For For Designate VISCHER AG as Independent Proxy 5

Against For Ratify Ernst & Young AG as Auditors 6

Voter Rationale: Auditor tenure exceeds 10 years and no evidence of the company having conducted a tender process.


Voter Rationale: Award payouts are largely determined by discretion so shareholders are unable to assess pay for performance alignment.


7.2

For For Approve Fixed Remuneration of Executive Committee in the Amount of CHF 3.9 Million for the Period July 1, 2021 - June 30, 2022

7.3

For For Approve Variable Remuneration of Executive Committee in the Amount of CHF 9.5 Million for Fiscal 2020

7.4

For For Approve Performance Share Awards to the Executive Committee in the Amount of CHF 5 Million

7.5



West Fraser Timber Co. Ltd. Meeting Date: 04/20/2021 Country: Canada

Meeting Type: Annual Ticker: WFG

Vote Summary Report


West Fraser Timber Co. Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Henry H. (Hank) Ketcham For For

For For Elect Director Reid E. Carter 1.2

For For Elect Director Raymond Ferris 1.3

For For Elect Director John N. Floren 1.4

For For Elect Director Ellis Ketcham Johnson 1.5

For For Elect Director Brian G. Kenning 1.6

For For Elect Director Marian Lawson 1.7

For For Elect Director Colleen McMorrow 1.8

For For Elect Director Gerald J. (Gerry) Miller 1.9

For For Elect Director Robert L. Phillips 1.10

For For Elect Director Janice G. Rennie 1.11

For For Elect Director Gillian D. Winckler 1.12


2


3

Whirlpool Corporation Meeting Date: 04/20/2021 Country: USA

Meeting Type: Annual Ticker: WHR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Samuel R. Allen For Against

For For Elect Director Marc R. Bitzer 1b

For For Elect Director Greg Creed 1c

For For Elect Director Gary T. DiCamillo 1d

For For Elect Director Diane M. Dietz 1e

For For Elect Director Gerri T. Elliott 1f

For For Elect Director Jennifer A. LaClair 1g

Vote Summary Report


Whirlpool Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director John D. Liu 1h

For For Elect Director James M. Loree 1i

For For Elect Director Harish Manwani 1j

For For Elect Director Patricia K. Poppe 1k

For For Elect Director Larry O. Spencer 1l

Against For Elect Director Michael D. White 1m


2


Wuxi NCE Power Co., Ltd. Meeting Date: 04/20/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction





Against For Approve Financial Budget Plan 5



For For Approve Remuneration of Directors and Senior Management

7



For For Approve Use of Idle Own Funds for Cash Management

10

For For Elect Zhu Heping as Independent Director 11

Vote Summary Report


XP Power Ltd. Meeting Date: 04/20/2021 Country: Singapore

Meeting Type: Annual Ticker: XPP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect James Peters as Director 3

For For Re-elect Terry Twigger as Director 4

For For Re-elect Andy Sng as Director 5

For For Re-elect Pauline Lafferty as Director 6

For For Re-elect Gavin Griggs as Director 7

For For Re-elect Polly Williams as Director 8

For For Reappoint PricewaterhouseCoopers LLP as Auditors

9



Voter Rationale: excessive increases in salary and incentives.



13


14


ABN AMRO Bank NV Meeting Date: 04/21/2021 Country: Netherlands

Meeting Type: Annual Ticker: ABN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2.e Approve Remuneration Report For For

Vote Summary Report


ABN AMRO Bank NV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


2.g



For For Ratify Ernst & Young Accountants LLP as Auditors for FY 2022 and 2023

5.b


7.a


7.b


7.c


Aguas Andinas SA Meeting Date: 04/21/2021 Country: Chile

Meeting Type: Annual Ticker: AGUAS.A

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3




For For Present Board's Report on Expenses 7

For For Approve Remuneration and Budget of Directors' Committee

8

For For Present Directors' Committee Report on Activities and Expenses

9

For For Designate Newspaper to Publish Meeting Announcements

10


Vote Summary Report


Ascom Holding AG Meeting Date: 04/21/2021 Country: Switzerland

Meeting Type: Annual Ticker: ASCN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Accept Consolidated Financial Statements and Statutory Reports

2


Voter Rationale: Executives received a discretionary payment with no justifying rationale provided. There is also a lack of transparency around the specific performance targets.


4


For For Reelect Valentin Rueda as Director 6.1.1

For For Reelect Nicole Tschudi as Director 6.1.2

For For Reelect Laurent Dubois as Director 6.1.3

For For Reelect Juerg Fedier as Director 6.1.4

For For Reelect Michael Reitermann as Director 6.1.5

For For Reelect Andreas Schoenenberger as Director 6.1.6

For For Reelect Valentin Rueda as Board Chairman 6.2

For For Reappoint Nicole Tschudi as Member of the Compensation and Nomination Committee

6.3.1

For For Reappoint Laurent Dubois as Member of the Compensation and Nomination Committee

6.3.2


For For Designate Franz Mueller as Independent Proxy 6.5


7.1


7.2.1


7.2.2

For For Approve Long-Term Incentive Remuneration of Executive Committee in the Amount of CHF 500,000

7.2.3

Vote Summary Report


Ascom Holding AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



Ascom Holding AG Meeting Date: 04/21/2021 Country: Switzerland

Meeting Type: Annual Ticker: ASCN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Ayala Land, Inc. Meeting Date: 04/21/2021 Country: Philippines

Meeting Type: Annual Ticker: ALI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



For For Ratify Acts of the Board of Directors and Officers

3

Against For Approve Merger of the Company and Cebu Holdings, Inc. and Its Other Subsidiaries

4


For For Approve Amendment of the Company's Employee Stock Ownership Plan

5

For For Elect Fernando Zobel de Ayala as Director 6.1

For For Elect Jaime Augusto Zobel de Ayala as Director 6.2

For For Elect Bernard Vincent O. Dy as Director 6.3

For For Elect Antonino T. Aquino as Director 6.4

For For Elect Arturo G. Corpuz as Director 6.5

For For Elect Rizalina G. Mantaring as Director 6.6

Vote Summary Report


Ayala Land, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Rex Ma. A. Mendoza as Director 6.7

For For Elect Sherisa P. Nuesa as Director 6.8

For For Elect Cesar V. Purisima as Director 6.9

For For Elect SyCip Gorres Velayo & Co. as Independent Auditor and Fixing of Its Remuneration

7



Bankinter SA Meeting Date: 04/21/2021 Country: Spain

Meeting Type: Annual Ticker: BKT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For





5.1

For For Amend Articles Re: Board Committees 5.2

For For Amend Article 41 Re: Payment of Dividends 5.3


6


7

For For Elect Cristina Garcia-Peri Alvarez as Director 8.1

For For Reelect Pedro Guerrero Guerrero as Director 8.2

For For Reelect Marcelino Botin-Sanz de Sautuola y Naveda as Director

8.3

For For Reelect Fernando Maria Masaveu Herrero as Director

8.4

For For Fix Number of Directors at 11 8.5

Vote Summary Report


Bankinter SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Restricted Capitalization Reserve 9


Voter Rationale: Excessive pension contribution.

For For Approve Delivery of Shares under FY 2020 Variable Pay Scheme

10.2

For For Fix Maximum Variable Compensation Ratio 10.3


11


Voter Rationale: Excessive Chairman fees as well as excessive pension contribution to CEO.

Bunzl Plc Meeting Date: 04/21/2021 Country: United Kingdom

Meeting Type: Annual Ticker: BNZL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Peter Ventress as Director 3

For For Re-elect Frank van Zanten as Director 4

For For Re-elect Richard Howes as Director 5

For For Re-elect Vanda Murray as Director 6

For For Re-elect Lloyd Pitchford as Director 7

For For Re-elect Stephan Nanninga as Director 8

For For Elect Vin Murria as Director 9

For For Elect Maria Fernanda Mejia as Director 10


11




Vote Summary Report


Bunzl Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Amend Long-Term Incentive Plan 15

For For Approve US Employee Stock Purchase Plan 16

For For Amend Savings Related Share Option Scheme 17



19


20



22


Canadian Pacific Railway Limited Meeting Date: 04/21/2021 Country: Canada

Meeting Type: Annual/Special Ticker: CP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Ratify Deloitte LLP as Auditors For For


2

For For Elect Director John Baird 3.1

For For Elect Director Isabelle Courville 3.2

For For Elect Director Keith E. Creel 3.3

For For Elect Director Gillian (Jill) H. Denham 3.4

For For Elect Director Edward R. Hamberger 3.5

For For Elect Director Rebecca MacDonald 3.6

For For Elect Director Edward L. Monser 3.7

For For Elect Director Matthew H. Paull 3.8

For For Elect Director Jane L. Peverett 3.9

For For Elect Director Andrea Robertson 3.10

For For Elect Director Gordon T. Trafton 3.11

Vote Summary Report


Canadian Pacific Railway Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Share Split 4

For For SP: Hold an Annual Non-Binding Advisory Vote on Climate Change

5

Voter Rationale: The proposal asks the company to present a climate action plan (consistent with the TCFD recommendations) and to report its progress to shareholders every year. In addition, shareholders will be asked to vote on the progress made and any changes the company makes to the plan on an annual basis. We welcome the ability for shareholders to monitor and approve the plan (and any changes) on an annual basis. A vote "for" is warranted.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Ratify Deloitte LLP as Auditors 1


2

Withhold For Elect Director John Baird 3.1


For For Elect Director Isabelle Courville 3.2

For For Elect Director Keith E. Creel 3.3

Withhold For Elect Director Gillian (Jill) H. Denham 3.4


For For Elect Director Edward R. Hamberger 3.5

For For Elect Director Rebecca MacDonald 3.6

For For Elect Director Edward L. Monser 3.7

For For Elect Director Matthew H. Paull 3.8

Withhold For Elect Director Jane L. Peverett 3.9


For For Elect Director Andrea Robertson 3.10

For For Elect Director Gordon T. Trafton 3.11

For For Approve Share Split 4

For For SP: Hold an Annual Non-Binding Advisory Vote on Climate Change

5

Commerce Bancshares, Inc. Meeting Date: 04/21/2021 Country: USA

Meeting Type: Annual Ticker: CBSH

Vote Summary Report


Commerce Bancshares, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Terry D. Bassham For For

For For Elect Director John W. Kemper 1.2

For For Elect Director Jonathan M. Kemper 1.3

For For Elect Director Kimberly G. Walker 1.4




3

Conzzeta AG Meeting Date: 04/21/2021 Country: Switzerland

Meeting Type: Annual Ticker: CON

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Conzzeta AG Meeting Date: 04/21/2021 Country: Switzerland


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Allocation of Income and Dividends of CHF 60 per Class A Share and CHF 12 per Class B Share

2


For For Reelect Ernst Baertschi as Director 4.1

For For Reelect Roland Abt as Director 4.2

Vote Summary Report


Conzzeta AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Reelect Matthias Auer as Director 4.3

Voter Rationale: Excessive Tenure (24 years), Lack of Independence

Against For Reelect Urs Riedener as Director 4.4


Against For Reelect Jacob Schmidheiny as Director 4.5

Voter Rationale: Excessive Tenure (44years), Lack of Independence

Against For Reelect Robert Spoerry as Director 4.6

Voter Rationale: Excessive Tenure (24 years), Lack of Independence

For For Elect Heinz Baumgartner as Director 4.7

For For Reelect Ernst Baertschi as Board Chairman 5

Against For Reappoint Urs Riedener as Member of the Compensation Committee

6.1

Voter Rationale: Re-election to the board does not warrant support.

Against For Reappoint Robert Spoerry as Member of the Compensation Committee

6.2


Against For Appoint Heinz Baumgartner as Member of the Compensation Committee

6.3



Voter Rationale: We are not supportive of retention awards. In addition, the equity awards under the LTI are based upon EPS performance over a single year.


7.2


7.3

Against For Ratify KPMG AG as Auditors 8

Voter Rationale: Excessive Tenure

For For Designate Marianne Sieger as Independent Proxy

9

For For Change Company Name to Bystronic AG 10



Vote Summary Report


Dana Incorporated Meeting Date: 04/21/2021 Country: USA

Meeting Type: Annual Ticker: DAN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Rachel A. Gonzalez For For

For For Elect Director James K. Kamsickas 1.2

For For Elect Director Virginia A. Kamsky 1.3

For For Elect Director Bridget E. Karlin 1.4

For For Elect Director Raymond E. Mabus, Jr. 1.5

For For Elect Director Michael J. Mack, Jr. 1.6

For For Elect Director R. Bruce McDonald 1.7

For For Elect Director Diarmuid B. O'Connell 1.8

For For Elect Director Keith E. Wandell 1.9


2




Drax Group Plc Meeting Date: 04/21/2021 Country: United Kingdom

Meeting Type: Annual Ticker: DRX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Philip Cox as Director 4

For For Re-elect Will Gardiner as Director 5

For For Re-elect Andy Skelton as Director 6

Vote Summary Report


Drax Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect John Baxter as Director 7

For For Re-elect Nicola Hodson as Director 8

For For Re-elect David Nussbaum as Director 9

For For Re-elect Vanessa Simms as Director 10




13



15




18

Ducommun Incorporated Meeting Date: 04/21/2021 Country: USA

Meeting Type: Annual Ticker: DCO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Director Shirley G. Drazba For For


2



Eiffage SA Meeting Date: 04/21/2021 Country: France

Meeting Type: Annual/Special Ticker: FGR

Vote Summary Report


Eiffage SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2

For For Approve Allocation of Income and Dividends of EUR 3 per Share

3

For For Reelect Marie Lemarie as Director 4

For For Reelect Carol Xueref as Director 5

For For Reelect Dominique Marcel as Director 6

For For Reelect Philippe Vidal as Director 7

For For Approve Remuneration Policy of Board Members 8

For For Approve Remuneration Policy of Chairman and CEO

9

For For Approve Compensation Report 10

Against For Approve Compensation of Benoit de Ruffray, Chairman and CEO

11



12


13


14

For For Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 156.8 Million

15

For For Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 39.2 Million

16

For For Approve Issuance of Equity or Equity-Linked Securities for Private Placements, up to Aggregate Nominal Amount of EUR 39.2 Million

17

For For Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Above Under Items 15-17

18

Vote Summary Report


Eiffage SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


19

For For Set Total Limit for Capital Increase to Result from Issuance Requests Under Items 16, 17 and 19 at EUR 39.2 Million

20


21

For For Authorize up to 1 Million Shares for Use in Restricted Stock Plans

22


23

EQT Corporation Meeting Date: 04/21/2021 Country: USA

Meeting Type: Annual Ticker: EQT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Lydia I. Beebe For For

For For Elect Director Philip G. Behrman 1.2

For For Elect Director Lee M. Canaan 1.3

For For Elect Director Janet L. Carrig 1.4

For For Elect Director Kathryn J. Jackson 1.5

For For Elect Director John F. McCartney 1.6

For For Elect Director James T. McManus, II 1.7

For For Elect Director Anita M. Powers 1.8

Against For Elect Director Daniel J. Rice, IV 1.9

For For Elect Director Toby Z. Rice 1.10

For For Elect Director Stephen A. Thorington 1.11

For For Elect Director Hallie A. Vanderhider 1.12


2


Vote Summary Report


Georg Fischer AG Meeting Date: 04/21/2021 Country: Switzerland

Meeting Type: Annual Ticker: FI.N

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Approve Allocation of Income and Dividends of CHF 15 per Share

2


3

For For Reelect Hubert Achermann as Director 4.1

Against For Reelect Riet Cadonau as Director 4.2

Voter Rationale: Overboarding concerns and poor track record.

For For Reelect Peter Hackel as Director 4.3

For For Reelect Roger Michaelis as Director 4.4

For For Reelect Eveline Saupper as Director 4.5

For For Reelect Yves Serra as Director 4.6

For For Reelect Jasmin Staiblin as Director 4.7

For For Reelect Yves Serra as Board Chairman 5.1

For For Appoint Hubert Achermann as Member of the Compensation Committee

5.2.1

Against For Appoint Riet Cadonau as Member of the Compensation Committee

5.2.2

Voter Rationale: Overboarding concerns and poor track record.

For For Appoint Eveline Saupper as Member of the Compensation Committee

5.2.3


6


7


For For Designate Christoph Vaucher as Independent Proxy

9



Vote Summary Report


Georg Fischer AG Meeting Date: 04/21/2021 Country: Switzerland

Meeting Type: Annual Ticker: FI.N

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Hunting Plc Meeting Date: 04/21/2021 Country: United Kingdom

Meeting Type: Annual Ticker: HTG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Re-elect Annell Bay as Director 5

For For Re-elect Carol Chesney as Director 6

For For Re-elect Bruce Ferguson as Director 7

For For Re-elect John Glick as Director 8

For For Re-elect Richard Hunting as Director 9

For For Re-elect Jim Johnson as Director 10

For For Re-elect Keith Lough as Director 11

For For Reappoint Deloitte LLP as Auditors and Authorise Their Remuneration

12



14


15


Vote Summary Report


Hunting Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


17

Huntington Bancshares Incorporated Meeting Date: 04/21/2021 Country: USA

Meeting Type: Annual Ticker: HBAN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Lizabeth Ardisana For For

For For Elect Director Alanna Y. Cotton 1.2

For For Elect Director Ann B. (Tanny) Crane 1.3

For For Elect Director Robert S. Cubbin 1.4

For For Elect Director Steven G. Elliott 1.5

For For Elect Director Gina D. France 1.6

For For Elect Director J. Michael Hochschwender 1.7

For For Elect Director John C. (Chris) Inglis 1.8

For For Elect Director Katherine M. A. (Allie) Kline 1.9

For For Elect Director Richard W. Neu 1.10

For For Elect Director Kenneth J. Phelan 1.11

For For Elect Director David L. Porteous 1.12

For For Elect Director Stephen D. Steinour 1.13


2



Industrivarden AB Meeting Date: 04/21/2021 Country: Sweden

Meeting Type: Annual Ticker: INDU.A

Vote Summary Report


Industrivarden AB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Designate Mats Guldbrand as Inspector of Minutes of Meeting

2.a

For For Designate Stefan Nilsson as Inspector of Minutes of Meeting

2.b





7.a


7.b

For For Approve Discharge of Fredrik Lundberg 7.c.1

For For Approve Discharge of Par Boman 7.c.2

For For Approve Discharge of Christian Caspar 7.c.3

For For Approve Discharge of Marika Fredriksson 7.c.4

For For Approve Discharge of Bengt Kjell 7.c.5

For For Approve Discharge of Nina Linander 7.c.6

For For Approve Discharge of Annika Lundius 7.c.7

For For Approve Discharge of Lars Pettersson 7.c.8

For For Approve Discharge of Helena Stjernholm 7.c.9


8

For For Approve Remuneration of Directors in the Amount of SEK 2.1 Million for Chair, SEK 1.3 Million for Vice Chair and SEK 640,000 for Other Directors

9

Against For Reelect Par Boman as Director 10.a


For For Reelect Christian Caspar as Director 10.b

Against For Reelect Marika Fredriksson as Director 10.c


Against For Elect Bengt Kjell as New Director 10.d


Vote Summary Report


Industrivarden AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Reelect Fredrik Lundberg as Director 10.e


For For Reelect Annika Lundius as Director 10.f

For For Reelect Lars Pettersson as Director 10.g

For For Reelect Helena Stjernholm as Director 10.h

Against For Reelect Fredrik Lundberg as Board Chair 10.i



11




Voter Rationale: Lack of disclosure around the performance criteria used in the annual bonus so unable to assess pay for performance alignment.

For For Approve Performance Share Matching Plan 15

For For Amend Articles Re: Postal Voting 16

Jafron Biomedical Co., Ltd. Meeting Date: 04/21/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction





For For Approve Financial Report 5


For For Approve Determination of Remuneration for Non-Independent Directors and Senior Management Members for 2020 and Remuneration Plan for 2021

7

Vote Summary Report


Jafron Biomedical Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Determination of Remuneration of Independent Directors for 2020 and Remuneration Plan for 2021

8

For For Approve Determination of Remuneration of Non-Employee Representative Supervisors for 2020 and Remuneration Plan for 2021

9

For For Approve Determination of Remuneration of Employee Representative Supervisors for 2020 and Remuneration Plan for 2021

10


Keppel DC REIT Meeting Date: 04/21/2021 Country: Singapore

Meeting Type: Annual Ticker: AJBU

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve PricewaterhouseCoopers LLP as Auditors and Authorize Manager to Fix Their Remuneration

2

For For Elect Tan Tin Wee as Director 3

For For Elect Thomas Pang Thieng Hwi as Director 4


5


Komercni banka, a.s. Meeting Date: 04/21/2021 Country: Czech Republic

Meeting Type: Annual Ticker: KOMB

Vote Summary Report


Komercni banka, a.s.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Management Board Report on Company's Operations and State of Its Assets in Fiscal 2020

For For



8



For For Elect Petr Dvorak as Supervisory Board Member 11.1

For For Elect Alvaro Huete Gomez as Supervisory Board Member

11.2

For For Elect Giovanni Luca Soma as Supervisory Board Member

11.3

For For Elect Jarmila Spurova as Supervisory Board Member

11.4

For For Elect Giovanni Luca Soma as Member of Audit Committee

12


For For Ratify Deloitte Audit s.r.o. as Auditor 14

Levi Strauss & Co. Meeting Date: 04/21/2021 Country: USA

Meeting Type: Annual Ticker: LEVI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director David A. Friedman For Withhold

Voter Rationale: Failure to remove the problematic capital structure.

Withhold For Elect Director Yael Garten 1b


Withhold For Elect Director Jenny Ming 1c


Vote Summary Report


Levi Strauss & Co. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Withhold For Elect Director Joshua E. Prime 1d



2


MISC Berhad Meeting Date: 04/21/2021 Country: Malaysia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Abu Huraira Abu Yazid as Director For For

For For Elect Norazah Mohamed Razali as Director 2

For For Elect Mohammad Suhaimi Mohd Yasin as Director

3

For For Elect Ab. Halim Mohyiddin as Director 4

For For Elect Rozalila Abdul Rahman as Director 5

For For Elect Lim Beng Choon as Director 6


For For Approve Ernst & Young PLT as Auditors and Authorize Board to Fix Their Remuneration

8


MTU Aero Engines AG Meeting Date: 04/21/2021 Country: Germany

Meeting Type: Annual Ticker: MTX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


MTU Aero Engines AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


3


4

For For Ratify Ernst & Young GmbH as Auditors for Fiscal Year 2021

5

For For Elect Rainer Martens to the Supervisory Board 6




9

For For Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds with Partial Exclusion of Preemptive Rights up to Aggregate Nominal Amount of EUR 600 Million; Approve Creation of EUR 2.6 Million Pool of Capital to Guarantee Conversion Rights

10

For For Amend Articles Re: Registration Moratorium 11

NOS SGPS SA Meeting Date: 04/21/2021 Country: Portugal

Meeting Type: Annual Ticker: NOS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Appraise Management and Supervision of Company and Approve Vote of Confidence to Corporate Bodies

3


For For Authorize Repurchase and Reissuance of Shares 5

For For Authorize Repurchase and Reissuance of Repurchased Debt Instruments

6

Vote Summary Report


NOS SGPS SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Ratify Co-options of Daniel Lopes Beato and Filipa de Sousa Taveira da Gama Santos Carvalho as Directors

7


Ping An Healthcare & Technology Company Limited Meeting Date: 04/21/2021 Country: Cayman Islands


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Elect Yao Jason Bo as Director 2a1

For For Elect Cai Fangfang as Director 2a2

For For Elect Liu Xin as Director 2a3

For For Elect Chow Wing Kin Anthony as Director 2a4


2b


3

Against For Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights

4A


For For Authorize Repurchase of Issued Share Capital 4B

Against For Authorize Reissuance of Repurchased Shares 4C


Proximus SA Meeting Date: 04/21/2021 Country: Belgium

Meeting Type: Annual Ticker: PROX

Vote Summary Report


Proximus SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

5 Approve Financial Statements, Allocation of Income, and Dividends of EUR 1.20 per Share

For For



For For Approve Discharge of Members of the Board of Directors

8

For For Approve Discharge of Members of the Board of Auditors

9


For For Reelect Pierre Demuelenaere as Independent Director

11

For For Reelect Karel De Gucht as Director as Proposed by the Belgian State

12

For For Elect Ibrahim Ouassari as Director as Proposed by the Belgian State

13

Proximus SA Meeting Date: 04/21/2021 Country: Belgium

Meeting Type: Special Ticker: PROX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Renew Authorization to Increase Share Capital within the Framework of Authorized Capital

For Against


Against For Authorize Repurchase of Issued Share Capital 2

Voter Rationale: Volume of shares not disclosed.

For For Authorize Implementation of Approved Resolutions and Filng of Required Documents/Formalities at Trade Registry

3

Regions Financial Corporation Meeting Date: 04/21/2021 Country: USA

Meeting Type: Annual Ticker: RF

Vote Summary Report


Regions Financial Corporation

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Carolyn H. Byrd For For

Against For Elect Director Don DeFosset 1b

Against For Elect Director Samuel A. Di Piazza, Jr. 1c

For For Elect Director Zhanna Golodryga 1d

For For Elect Director John D. Johns 1e

For For Elect Director Ruth Ann Marshall 1f

For For Elect Director Charles D. McCrary 1g

For For Elect Director James T. Prokopanko 1h

For For Elect Director Lee J. Styslinger, III 1i

For For Elect Director Jose S. Suquet 1j

For For Elect Director John M. Turner, Jr. 1k

For For Elect Director Timothy Vines 1l



3

Royal Vopak NV Meeting Date: 04/21/2021 Country: Netherlands

Meeting Type: Annual Ticker: VPK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



For For Approve Dividends of EUR 1.20 Per Share 5.b



For For Elect Richard Hookway to Supervisory Board 8


9

Vote Summary Report


Royal Vopak NV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Ratify Deloitte Accountants B.V. as Auditors 10

Sanlorenzo SpA Meeting Date: 04/21/2021 Country: Italy

Meeting Type: Annual Ticker: SL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Approve Restriction on the Extraordinary Reserve

1.3


Against For Approve Second Section of the Remuneration Report

2.2

Voter Rationale: Company awarded maximum payouts despite making adjustments to performance criteria.


A


Saudi Industrial Investment Group Meeting Date: 04/21/2021 Country: Saudi Arabia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Auditors' Report on Company Financial Statements for FY 2020

For For


2


3


Vote Summary Report


Saudi Industrial Investment Group Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Dividends of SAR 1 per Share for FY 2020

5


6

For For Elect Thamir Al Hamoud as Director 7

For For Elect Abdulrahman Al Rajhi as Members of Audit Committee

8


9

Abstain None Elect Ahmed Murad as Director 10.1

Abstain None Elect Ahmed Khogeer as Director 10.2

Abstain None Elect Ahmed Al Madani as Director 10.3

Abstain None Elect Asma Hamdan as Director 10.4

Abstain None Elect Bandar Al Ghafees as Director 10.5

Abstain None Elect Jalban Al Jalban as Director 10.6

Abstain None Elect Wael Al Bassam as Director 10.7

Abstain None Elect Hamad Al Sayari as Director 10.8

Abstain None Elect Tariq Al Rasheed as Director 10.9

Abstain None Elect Talal Al Moammar as Director 10.10

Abstain None Elect Youssef Al Rajhi as Director 10.11

Abstain None Elect Majid Al Suweigh as Director 10.12

Abstain None Elect Mujtaba Al Khuneizi as Director 10.13

Abstain None Elect Mohammed Al Maashouq as Director 10.14

Abstain None Elect Mohammed Al Shamri as Director 10.15

Abstain None Elect Mohammed Al Ghamdi as Director 10.16

Abstain None Elect Mussaab Al Jaeed as Director 10.17

Abstain None Elect Moqead Al Oteibi as Director 10.18

Abstain None Elect Nabeel Al Mubarak as Director 10.19

Abstain None Elect Nael Faiyz as Director 10.20

Abstain None Elect Sultan Qaramish as Director 10.21

Abstain None Elect Sultan Ibrahim as Director 10.22

Abstain None Elect Suleiman Al Quweiz as Director 10.23

Abstain None Elect Saad Al Haqeel as Director 10.24

Vote Summary Report


Saudi Industrial Investment Group Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Abstain None Elect Saad Al Ruweite as Director 10.25

Abstain None Elect Saoud Al Arifi as Director 10.26

Abstain None Elect Adil Al Qureishi as Director 10.27

Abstain None Elect Abdulazeez Al Sudeis as Director 10.28

Abstain None Elect Abdulazeez Al Anbar as Director 10.29

Abstain None Elect Abdullah Al Husseini as Director 10.30

Abstain None Elect Abdulrahman Al Khayal as Director 10.31

Abstain None Elect Abdulrahman Al Rajhi as Director 10.32

Abstain None Elect Azeez Al Qahtani as Director 10.33

Abstain None Elect Amr Kurdi as Director 10.34

Abstain None Elect Fahad Al Shamri as Director 10.35

Abstain None Elect Fahad Al Maaekil as Director 10.36

Abstain None Elect Farraj Abou Thneen as Director 10.37

Abstain None Elect Salih Al Shabnan as Director 10.38

Abstain None Elect Salih Al Husseini as Director 10.39

Abstain None Elect Raad Al Qahtani as Director 10.40

Abstain None Elect Thamir Al Wadee as Director 10.41

Abstain None Elect Thamir Al Hamoud as Director 10.42

Abstain None Elect Khalid Al Hajjaj as Director 10.43

Abstain None Elect Khalid Al Suleiman as Director 10.44

Abstain None Elect Khalid Al Khudheiri as Director 10.45

For For Elect Members of Audit Committee, Approve its Charter and Remuneration of Its Members

11


12

Serco Group Plc Meeting Date: 04/21/2021 Country: United Kingdom

Meeting Type: Annual Ticker: SRP

Vote Summary Report


Serco Group Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Elect Dame Sue Owen as Director 5

For For Elect Tim Lodge as Director 6

For For Re-elect John Rishton as Director 7

For For Re-elect Rupert Soames as Director 8

For For Re-elect Kirsty Bashforth as Director 9

For For Re-elect Eric Born as Director 10

For For Re-elect Ian El-Mokadem as Director 11

For For Re-elect Lynne Peacock as Director 12



14



16


17



19


20

For For Approve International Save As You Earn Plan 21

Shop Apotheke Europe NV Meeting Date: 04/21/2021 Country: Netherlands

Meeting Type: Annual Ticker: SAE

Vote Summary Report


Shop Apotheke Europe NV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

3.a Approve Remuneration Report For Against

Voter Rationale: Lack of disclosure around the performance conditions and award levels so unable to assess pay for performance alignment.

For For Adopt Financial Statements 3.c

For For Approve Allocation of Income 3.e



For For Ratify Mazars Accountants N.V. as Auditors 5

For For Approve Discharge of Jan Pyttel from Supervisory Board

6.b

For For Elect Henriette Peucker to Supervisory Board 6.c

Against For Approve Increase in the Fixed Annual Base Fees of Supervisory Board

6.d

Voter Rationale: Large increase in fees with no rationale provided.

Against For Amend Remuneration Policy for Supervisory Board

6.e

Voter Rationale: Large increase in fees with no rationale provided.

For For Revoke Board Authority to Issue Shares from Last Meeting on April 30, 2020

7.a

For For Revoke Board to Exclude Preemptive Rights from Share Issuances under Item 7.a

7.b

Against For Grant Board Authority to Issue Shares Up to 20 Percent of Issued Capital

7.c

Voter Rationale: The stock that can be issued without pre-emptive rights exceeds 10% of outstanding capital.

Against For Authorize Board to Exclude Preemptive Rights from Share Issuances under Item 7.c

7.d

Voter Rationale: The stock that can be issued without pre-emptive rights exceeds 10% of outstanding capital.

Against For Grant Board Authority to Issue Shares Up To 0.07 Percent of Issued Capital in Connection with the 2019 ESOP

7.e

Voter Rationale: Not supportive of underlying plan as vesting occurred in less than three years.


8


Voter Rationale: Reduction in shareholder rights.

Vote Summary Report


SIG Combibloc Group AG Meeting Date: 04/21/2021 Country: Switzerland

Meeting Type: Annual Ticker: SIGN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3


4


Voter Rationale: Excessive remuneration.

Against For Approve Remuneration of Directors in the Amount of CHF 2.3 Million

5.2


Against For Approve Remuneration of Executive Committee in the Amount of CHF 17 Million

5.3


For For Reelect Andreas Umbach as Director 6.1.1

For For Reelect Werner Bauer as Director 6.1.2

For For Reelect Wah-Hui Chu as Director 6.1.3

For For Reelect Colleen Goggins as Director 6.1.4

For For Reelect Mariel Hoch as Director 6.1.5

For For Reelect Matthias Waehren as Director 6.1.6

For For Reelect Nigel Wright as Director 6.1.7

For For Elect Abdallah al Obeikan as Director 6.1.8

For For Elect Martine Snels as Director 6.1.9

For For Reelect Andreas Umbach as Board Chairman 6.2

For For Reappoint Wah-Hui Chu as Member of the Compensation Committee

6.3.1

For For Reappoint Colleen Goggins as Member of the Compensation Committee

6.3.2

For For Reappoint Mariel Hoch as Member of the Compensation Committee

6.3.3

Vote Summary Report


SIG Combibloc Group AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Creation of CHF 675,042 Pool of Capital with Partial Exclusion of Preemptive Rights

7

For For Amend Articles Re: Opting Out Clause 8





Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


1


2


3


4




5.2



5.3


For For Reelect Andreas Umbach as Director 6.1.1

For For Reelect Werner Bauer as Director 6.1.2

For For Reelect Wah-Hui Chu as Director 6.1.3

For For Reelect Colleen Goggins as Director 6.1.4

For For Reelect Mariel Hoch as Director 6.1.5

For For Reelect Matthias Waehren as Director 6.1.6

For For Reelect Nigel Wright as Director 6.1.7

For For Elect Abdallah al Obeikan as Director 6.1.8

Vote Summary Report


SIG Combibloc Group AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Martine Snels as Director 6.1.9

For For Reelect Andreas Umbach as Board Chairman 6.2

For For Reappoint Wah-Hui Chu as Member of the Compensation Committee

6.3.1

For For Reappoint Colleen Goggins as Member of the Compensation Committee

6.3.2


6.3.3

For For Approve Creation of CHF 675,042 Pool of Capital with Partial Exclusion of Preemptive Rights

7

For For Amend Articles Re: Opting Out Clause 8





SIG Combibloc Group AG Meeting Date: 04/21/2021 Country: Switzerland

Meeting Type: Annual Ticker: SIGN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


SimCorp A/S Meeting Date: 04/21/2021 Country: Denmark

Meeting Type: Special Ticker: SIM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Corporate Purpose For For

Vote Summary Report


Spotify Technology SA Meeting Date: 04/21/2021 Country: Luxembourg

Meeting Type: Annual Ticker: SPOT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Elect Daniel Ek as A Director 4a

For For Elect Martin Lorentzon as A Director 4b

For For Elect Shishir Samir Mehrotra as A Director 4c

For For Elect Christopher Marshall as B Director 4d

For For Elect Barry McCarthy as B Director 4e

For For Elect Heidi O'Neill as B Director 4f

For For Elect Ted Sarandos as B Director 4g

Against For Elect Thomas Owen Staggs as B Director 4h

For For Elect Cristina Mayville Stenbeck as B Director 4i

For For Elect Mona Sutphen as B Director 4j

For For Elect Padmasree Warrior as B Director 4k

For For Appoint Ernst & Young S.A. as Auditor 5

Against For Approve Remuneration of Directors 6

For For Approve Share Repurchase 7

For For Authorize Guy Harles and Alexandre Gobert to Execute and Deliver, and with Full Power of Substitution, Any Documents Necessary or Useful in Connection with the Annual Filing and Registration Required by the Luxembourg Laws

8

Supalai Public Company Limited Meeting Date: 04/21/2021 Country: Thailand

Meeting Type: Annual Ticker: SPALI

Vote Summary Report


Supalai Public Company Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Acknowledge Company's Performance and Approve Financial Statements

For For


2

For For Elect Prateep Tangmatitham as Director 3.1

For For Elect Tritecha Tangmatitham as Director 3.2

For For Elect Prasas Tangmatitam as Director 3.3

For For Approve Remuneration of Directors and Sub-Committees

4


5

For For Approve Issuance and Offering of Debentures 6

For For Amend Company's Objectives 7

The Sherwin-Williams Company Meeting Date: 04/21/2021 Country: USA

Meeting Type: Annual Ticker: SHW

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Kerrii B. Anderson For For

For For Elect Director Arthur F. Anton 1b

For For Elect Director Jeff M. Fettig 1c

For For Elect Director Richard J. Kramer 1d

For For Elect Director John G. Morikis 1e

For For Elect Director Christine A. Poon 1f

For For Elect Director Aaron M. Powell 1g

For For Elect Director Michael H. Thaman 1h

For For Elect Director Matthew Thornton, III 1i

For For Elect Director Steven H. Wunning 1j


2

Vote Summary Report


The Sherwin-Williams Company Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



Tri Pointe Homes, Inc. Meeting Date: 04/21/2021 Country: USA

Meeting Type: Annual Ticker: TPH

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Douglas F. Bauer For For

For For Elect Director Lawrence B. Burrows 1.2

For For Elect Director Daniel S. Fulton 1.3

For For Elect Director Steven J. Gilbert 1.4

For For Elect Director Vicki D. McWilliams 1.5

For For Elect Director Constance B. Moore 1.6


2


UFP Industries, Inc. Meeting Date: 04/21/2021 Country: USA

Meeting Type: Annual Ticker: UFPI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Matthew J. Missad For For

For For Elect Director Thomas W. Rhodes 1b

For For Elect Director Brian C. Walker 1c



3

Vote Summary Report


Zhejiang Expressway Co., Ltd. Meeting Date: 04/21/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve 2020 Report of the Directors For For

For For Approve 2020 Report of the Supervisory Committee

2

For For Approve 2020 Audited Financial Statements 3

For For Approve 2020 Final Dividend 4

Against For Approve 2020 Final Accounts and 2021 Financial Budget

5


For For Approve Deloitte Touche Tohmatsu Certified Public Accountants Hong Kong as Hong Kong Auditor and Authorize Board to Fix Their Remuneration

6

For For Approve Pan China Certified Public Accountants as PRC Auditor and Authorize Board to Fix Their Remuneration

7

Against For Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for H Shares and Related Transactions

8


AGCO Corporation Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: AGCO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Roy V. Armes For For

Against For Elect Director Michael C. Arnold 1.2

For For Elect Director Sondra L. Barbour 1.3

For For Elect Director P. George Benson 1.4

For For Elect Director Suzanne P. Clark 1.5

For For Elect Director Bob De Lange 1.6

Vote Summary Report


AGCO Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Eric P. Hansotia 1.7

For For Elect Director George E. Minnich 1.8

For For Elect Director Mallika Srinivasan 1.9

For For Elect Director Matthew Tsien 1.10


2

For For Ratify KPMG LLP as Auditor 3

Aggreko Plc Meeting Date: 04/22/2021 Country: United Kingdom

Meeting Type: Annual Ticker: AGK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Elect Mark Clare as Director 5

For For Re-elect Ken Hanna as Director 6

For For Re-elect Chris Weston as Director 7

For For Re-elect Heath Drewett as Director 8

For For Re-elect Dame Nicola Brewer as Director 9

For For Re-elect Barbara Jeremiah as Director 10

For For Re-elect Uwe Krueger as Director 11

For For Re-elect Sarah Kuijlaars as Director 12

For For Re-elect Ian Marchant as Director 13

For For Re-elect Miles Roberts as Director 14



16


Vote Summary Report


Aggreko Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Restricted Stock Plan 18



20


21



23

AGNC Investment Corp. Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: AGNC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Donna J. Blank For For

For For Elect Director Morris A. Davis 1b

For For Elect Director John D. Fisk 1c

For For Elect Director Prue B. Larocca 1d

For For Elect Director Paul E. Mullings 1e

For For Elect Director Frances R. Spark 1f

For For Elect Director Gary D. Kain 1g



3


Akzo Nobel NV Meeting Date: 04/22/2021 Country: Netherlands

Meeting Type: Annual Ticker: AKZA

Vote Summary Report


Akzo Nobel NV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

3.a Adopt Financial Statements For For


Against For Approve Remuneration Report 3.d



For For Amend Remuneration Policy for Management Board

5.a

For For Amend Remuneration Policy for Supervisory Board

5.b

For For Reelect T.F.J. Vanlancker to Management Board 6.a

For For Reelect P.W. Thomas to Supervisory Board 7.a


8.a


8.b


9


Amsterdam Commodities NV Meeting Date: 04/22/2021 Country: Netherlands

Meeting Type: Annual Ticker: ACOMO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



6




10

Vote Summary Report


Amsterdam Commodities NV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Grant Board Authority to Issue Shares up to 10 Percent of Issued Capital

11.a


11.b

AutoNation, Inc. Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: AN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Mike Jackson For For

For For Elect Director Rick L. Burdick 1b

For For Elect Director David B. Edelson 1c

For For Elect Director Steven L. Gerard 1d

For For Elect Director Robert R. Grusky 1e

For For Elect Director Norman K. Jenkins 1f

For For Elect Director Lisa Lutoff-Perlo 1g

For For Elect Director G. Mike Mikan 1h

For For Elect Director Jacqueline A. Travisano 1i

For For Ratify KPMG LLP as Auditor 2

For Against Provide Right to Call A Special Meeting 3

Voter Rationale: This proposal would give shareholders a superior means of taking action in between annual meetings and could be adopted with safeguards to prevent its unilateral use by a single shareholder.

Avery Dennison Corporation Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: AVY

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Bradley A. Alford For For

Vote Summary Report


Avery Dennison Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Anthony K. Anderson 1b

Against For Elect Director Mark J. Barrenechea 1c

For For Elect Director Mitchell R. Butier 1d

For For Elect Director Ken C. Hicks 1e

For For Elect Director Andres A. Lopez 1f

Against For Elect Director Patrick T. Siewert 1g

Against For Elect Director Julia A. Stewart 1h

For For Elect Director Martha N. Sullivan 1i


2


Bank of the Philippine Islands Meeting Date: 04/22/2021 Country: Philippines

Meeting Type: Annual Ticker: BPI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




3


For For Elect Fernando Zobel de Ayala as Director 4.2

For For Elect Romeo L. Bernardo as Director 4.3

For For Elect Ignacio R. Bunye as Director 4.4

For For Elect Cezar P. Consing as Director 4.5

For For Elect Ramon R. del Rosario, Jr. as Director 4.6

For For Elect Octavio V. Espiritu as Director 4.7

For For Elect Rebecca G. Fernando as Director 4.8

For For Elect Jose Teodoro K. Limcaoco as Director 4.9

Vote Summary Report


Bank of the Philippine Islands Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Aurelio R. Montinola III as Director 4.10

For For Elect Mercedita S. Nolledo as Director 4.11

For For Elect Antonio Jose U. Periquet as Director 4.12

For For Elect Cesar V. Purisima as Director 4.13

For For Elect Eli M. Remolona, Jr. as Director 4.14

For For Elect Maria Dolores B. Yuvienco as Director 4.15

For For Elect Isla Lipana & Co. as Independent Auditors and Fix Their Remuneration

5

For For Approve Merger of BPI Family Savings Bank, Inc. into the Bank of the Philippine Islands

6a

For For Approve Increase in Authorized Capital Stock and Corresponding Amendment of Article VII of the Bank's Articles of Incorporation

6b



Basic-Fit NV Meeting Date: 04/22/2021 Country: Netherlands

Meeting Type: Annual Ticker: BFIT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

3.b Approve Remuneration Report For Against

Voter Rationale: Amendments to LTI performance periods do not reflect shareholders' exposure to the company during Covid-19.


3.c

For For Approve Discharge of Management Board 3.d

For For Approve Discharge of Supervisory Board 3.e

Against For Approve Revised Remuneration Policy for Management Board Members

4

Voter Rationale: Amendments to LTI performance periods do not reflect shareholders' exposure to the company during Covid-19.

For For Reelect Cornelis Kees van der Graaf to Supervisory Board

5.a

For For Reelect Rob van der Heijden to Supervisory Board

5.b

Vote Summary Report


Basic-Fit NV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Hans Willemse to Supervisory Board 5.c


6.a

For For Grant Board Authority to Issue Additional Shares Up To 10 Percent of Issued Capital

6.b

For For Authorize Board to Exclude Preemptive Rights from Share Issuances under Item 6.a

6.c

Against For Authorize Board to Exclude Preemptive Rights from Share Issuances under Item 6.b

6.d

Voter Rationale: The stock that could be issued without pre-emptive rights exceeds 10% of outstanding capital which presents excessive dilution risk to shareholders.


7


8

Bezeq The Israeli Telecommunication Corp. Ltd. Meeting Date: 04/22/2021 Country: Israel

Meeting Type: Annual Ticker: BEZQ

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Reappoint Somekh Chaikin as Auditors For For

For For Reelect Gil Sharonas Director 3

For For Reelect Darren Glatt as Director 4

For For Reelect Ran Fuhrer as Director 5

For For Reelect Tomer Rabad as Director 6

For For Reelect David Granot as Director 7

For For Reelect Yossi Abergil as Director on Behalf of the Employees

8

For For Reelect Edith Lusky as External Director 9

For For Elect Tzipi Tzipora Malka Livni as External Director

10

For For Issue Indemnification and Exemption Agreements to Tzipi Tzipora Malka Livni, External Director (Subject to Approval of Item 10)

11

Vote Summary Report


Bezeq The Israeli Telecommunication Corp. Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Amended Compensation Policy for the Directors and Officers of the Company

12

Against None Vote FOR if you are a controlling shareholder or have a personal interest in one or several resolutions, as indicated in the proxy card; otherwise, vote AGAINST. You may not abstain. If you vote FOR, please provide an explanation to your account manager

A

Against None If you are an Interest Holder as defined in Section 1 of the Securities Law, 1968, vote FOR. Otherwise, vote against.

B1

Against None If you are a Senior Officer as defined in Section 37(D) of the Securities Law, 1968, vote FOR. Otherwise, vote against.

B2

For None If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.

B3

Bouygues SA Meeting Date: 04/22/2021 Country: France

Meeting Type: Annual/Special Ticker: EN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3


4

Voter Rationale: Lack of transparency around the management service agreement with SCDM and the concerns that Martin Bouygues remuneration is outsourced to SCDM.

For For Approve Remuneration Policy of Executive Corporate Officers

5



7

Vote Summary Report


Bouygues SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Compensation of Martin Bouygues, Chairman and CEO

8

Voter Rationale: We were not supportive of the adjustments to the remuneration policy mid year which have generated a payout at maximum, despite the original performance conditions being below target level.

Against For Approve Compensation of Olivier Bouygues, Vice-CEO

9


For For Approve Compensation of Philippe Marien, Vice-CEO

10

Against For Approve Compensation of Olivier Roussat, Vice-CEO

11


For For Reelect Martin Bouygues as Director 12

For For Elect Pascaline de Dreuzy as Director 13

For For Renew Appointment of Ernst & Young Audit as Auditor

14

Against For Authorize Repurchase of Up to 5 Percent of Issued Share Capital

15

Voter Rationale: Can be used during a takeover period.


16

Against For Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 150 Million

17


For For Authorize Capitalization of Reserves of Up to EUR 4 Billion for Bonus Issue or Increase in Par Value

18


19


Against For Approve Issuance of Equity or Equity-Linked Securities for Private Placements, up to Aggregate Nominal Amount of EUR 75 Million

20


Against For Authorize Board to Set Issue Price for 10 Percent Per Year of Issued Capital Pursuant to Issue Authority without Preemptive Rights

21


Vote Summary Report


Bouygues SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


22


Against For Authorize Capital Increase of up to 10 Percent of Issued Capital for Contributions in Kind

23


Against For Authorize Capital Increase of Up to EUR 85 Million for Future Exchange Offers

24


Against For Authorize Issuance of Equity upon Conversion of a Subsidiary's Equity-Linked Securities for up to EUR 85 Million

25



26

Against For Authorize up to 2 Percent of Issued Capital for Use in Stock Option Plans

27

Voter Rationale: Lack of transparency around the performance conditions and vesting period of the award.

Against For Authorize up to 1 Percent of Issued Capital for Use in Restricted Stock Plans

28

Voter Rationale: Lack of disclosure around the performance conditions as well as a performance period of less than three years.

For For Authorize up to 0.125 Percent of Issued Capital for Use in Restricted Stock Plans Reserved for Retirement

29

Against For Authorize Board to Issue Free Warrants with Preemptive Rights During a Public Tender Offer

30

Voter Rationale: Can be used as an antitakeover mechanism.

For For Amend Article 13 of Bylaws Re: Chairman's Age Limit

31


32

BRD Groupe Societe Generale SA (Romania) Meeting Date: 04/22/2021 Country: Romania

Meeting Type: Annual Ticker: BRD

Vote Summary Report


BRD Groupe Societe Generale SA (Romania)

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Camelia Daniela Apetrei to General Meeting Secretariat

For For

For For Approve Financial Statements and Consolidated Financial Statements for Fiscal Year 2020

2


For For Approve Allocation of Income and Dividends of RON 0.0749 per Share

4

For For Approve Provisionary Budget and Business Plan for Fiscal Year 2021

5


Voter Rationale: Lack of disclosure so unable to assess the stringency of the plan

For For Approve Remuneration of Non-Executive Directors for 2021 and General Limits for Additional Remuneration of Directors and Executives

7

Against For Reelect Benoit Jean Marie Ottenwaelter as Director, Empower Chairman to Sign Contract of Mandate

8

Voter Rationale: Lack of independence on the remuneration committee.

For For Reelect Maria Rousseva as Interim Director, Empower Chairman to Sign Contract of Mandate

9

For For Elect Aurore Brigitte Micheline Gaspar as Director, Empower Chairman to Sign Contract of Mandate

10

For For Ratify Ernst & Young Assurance Services SRL as Auditor

11

For For Approve Meeting's Ex-Date 12

For For Approve Meeting's Record Date 13

BRD Groupe Societe Generale SA (Romania) Meeting Date: 04/22/2021 Country: Romania

Meeting Type: Extraordinary Shareholders Ticker: BRD

Vote Summary Report


BRD Groupe Societe Generale SA (Romania)

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Camelia Daniela Apetrei as Secretary of Meeting

For For

For For Amend Bylaws 2



Brembo SpA Meeting Date: 04/22/2021 Country: Italy

Meeting Type: Annual/Special Ticker: BRE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



5


Voter Rationale: Lack of disclosure on key features of the ongoing long-term incentive plan.


6.2

Voter Rationale: Discretionary payments, adjustments to the existing 2020 plan.

For For Approve Auditors and Authorize Board to Fix Their Remuneration

7

For For Amend Article 4 Re: Corporate Purpose 1.1

For For Amend Article 1 Re: Company Name 1.2


A

Voter Rationale: Lack of disclosure regarding the proposed deliberation.

Cembra Money Bank AG Meeting Date: 04/22/2021 Country: Switzerland

Meeting Type: Annual Ticker: CMBN

Vote Summary Report


Cembra Money Bank AG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3


4

For For Reelect Felix Weber as Director 5.1.1

For For Reelect Urs Baumann as Director 5.1.2

For For Reelect Thomas Buess as Director 5.1.3

For For Reelect Denis Hall as Director 5.1.4

For For Reelect Monica Maechler as Director 5.1.5

For For Elect Martin Blessing as Director 5.2.1

For For Elect Susanne Kloess-Braekler as Director 5.2.2

For For Reelect Felix Weber as Board Chairman 5.3

For For Reappoint Urs Baumann as Member of the Compensation and Nomination Committee

5.4.1

For For Appoint Martin Blessing as Member of the Compensation and Nomination Committee

5.4.2

For For Appoint Susanne Kloess-Braekler as Member of the Compensation and Nomination Committee

5.4.3


Against For Ratify KPMG AG as Auditors 5.6

Voter Rationale: No evidence of auditor tender process in over 10 years.

For For Approve Renewal of CHF 3 Million Pool of Authorized Share Capital without Preemptive Rights

6


7.1

For For Approve Fixed and Variable Remuneration of Executive Committee in the Amount of CHF 6.4 Million

7.2



Vote Summary Report


Cembra Money Bank AG Meeting Date: 04/22/2021 Country: Switzerland

Meeting Type: Annual Ticker: CMBN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Cia de Saneamento do Parana Meeting Date: 04/22/2021 Country: Brazil

Meeting Type: Annual Ticker: SAPR4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Joisa Campanher Dutra Saraiva as Director Appointed by Preferred Shareholder

None For


2

For None Elect Paulo Roberto Franceschi as Fiscal Council Member and Ricardo Bertucci as Alternate Appointed by Preferred Shareholder

3

Citizens Financial Group, Inc. Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: CFG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Bruce Van Saun For For

For For Elect Director Lee Alexander 1.2

For For Elect Director Christine M. Cumming 1.3

For For Elect Director William P. Hankowsky 1.4

Vote Summary Report


Citizens Financial Group, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Leo I. ("Lee") Higdon 1.5

For For Elect Director Edward J. ("Ned") Kelly, III 1.6

For For Elect Director Charles J. ("Bud") Koch 1.7

For For Elect Director Robert G. Leary 1.8

For For Elect Director Terrance J. Lillis 1.9

For For Elect Director Shivan Subramaniam 1.10

For For Elect Director Christopher J. Swift 1.11

For For Elect Director Wendy A. Watson 1.12

For For Elect Director Marita Zuraitis 1.13


2




CLS Holdings Plc Meeting Date: 04/22/2021 Country: United Kingdom

Meeting Type: Annual Ticker: CLI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Lennart Sten as Director 4

For For Re-elect Anna Seeley as Director 5

For For Re-elect Fredrik Widlund as Director 6

For For Re-elect Andrew Kirkman as Director 7

For For Re-elect Elizabeth Edwards as Director 8

For For Re-elect Bill Holland as Director 9

For For Re-elect Denise Jagger as Director 10

Vote Summary Report


CLS Holdings Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Christopher Jarvis as Director 11

For For Re-elect Bengt Mortstedt as Director 12





16



18

Comer Industries SpA Meeting Date: 04/22/2021 Country: Italy

Meeting Type: Annual/Special Ticker: COM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3



Against None Slate Submitted by Eagles OAK Srl 4.3

Voter Rationale: Board slate proposes directiors with an independence level below 50%.

For None Elect Matteo Storchi as Board Chair 4.4

Against None Approve Remuneration of Directors 4.5



5

For For Amend Company Bylaws 1

Vote Summary Report


Comer Industries SpA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


A


COMET Holding AG Meeting Date: 04/22/2021 Country: Switzerland

Meeting Type: Annual Ticker: COTN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3

For For Reelect Heinz Kundert as Director 4.1

For For Reelect Gian-Luca Bona as Director 4.2

For For Reelect Mariel Hoch as Director 4.3

For For Reelect Patrick Jany as Director 4.4

For For Elect Tosja Zywietz as Director 4.5

Against For Elect Thilo von Selchow as Director 4.6

Voter Rationale: Lack of gender diversity on the board. Thilo is a newly appointed male director who sits on the nomination committee.

For For Reelect Heinz Kundert as Board Chairman 4.7


5.1

For For Appoint Thilo von Selchow as Member of the Compensation Committee

5.2

For For Designate Patrick Glauser as Independent Proxy 6



8.1


8.2

For For Approve Variable Remuneration of Executive Committee in the Amount of CHF 598,538

8.3

Vote Summary Report


COMET Holding AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




COMET Holding AG Meeting Date: 04/22/2021 Country: Switzerland

Meeting Type: Annual Ticker: COTN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Consorcio ARA SAB de CV Meeting Date: 04/22/2021 Country: Mexico

Meeting Type: Annual Ticker: ARA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Allocation of Income and Cash Dividends

2

For For Elect or Ratify Directors, Secretary and Deputy Secretary; Approve Their Discharge and Remuneration

3

For For Elect or Ratify Chairman of Audit Committee 4

For For Elect or Ratify Chairman of Corporate Practices Committee

5

Against For Set Maximum Amount of Share Repurchase Reserve and Accept Report on Board Policies and Decision on Repurchase of Shares

6



7

Vote Summary Report


Crown Holdings, Inc. Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: CCK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director John W. Conway For For

For For Elect Director Timothy J. Donahue 1.2

For For Elect Director Richard H. Fearon 1.3

For For Elect Director Andrea J. Funk 1.4

For For Elect Director Stephen J. Hagge 1.5

For For Elect Director Rose Lee 1.6

For For Elect Director James H. Miller 1.7

For For Elect Director Josef M. Muller 1.8

For For Elect Director B. Craig Owens 1.9

For For Elect Director Caesar F. Sweitzer 1.10

For For Elect Director Jim L. Turner 1.11

For For Elect Director William S. Urkiel 1.12

For For Elect Director Dwayne A. Wilson 1.13




3

Dexus Meeting Date: 04/22/2021 Country: Australia

Meeting Type: Special Ticker: DXS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Unstapling of the Units in DXO, DDF, DIT and DOT Pursuant to Each of Their Constitutions

For For

For For Approve Amendments to the Constitutions 2

Vote Summary Report


Dexus Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Simplification for All Purposes 3

DiaSorin SpA Meeting Date: 04/22/2021 Country: Italy

Meeting Type: Annual/Special Ticker: DIA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



Voter Rationale: Lack of disclosure around the long term incentive plan so unable to assess its stringency.


2.2

For For Approve Stock Option Plan 3


4

For For Amend Company Bylaws: Articles 3, 8, 9-bis, 11 and 18

1


A


Dignity Plc Meeting Date: 04/22/2021 Country: United Kingdom

Meeting Type: Special Ticker: DTY

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Remove Clive Whiley as Director Against Against

Against Against Elect Gary Channon, a Shareholder Nominee to the Board

2

Vote Summary Report


Domino's Pizza Group Plc Meeting Date: 04/22/2021 Country: United Kingdom

Meeting Type: Annual Ticker: DOM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3


For For Re-elect Matt Shattock as Director 5

For For Re-elect Colin Halpern as Director 6

For For Re-elect Ian Bull as Director 7

For For Re-elect Dominic Paul as Director 8

Against For Re-elect Kevin Higgins as Director 9

Voter Rationale: As the head of the remuneration committee we have voted against due to poor pay practices.

For For Re-elect Usman Nabi as Director 10

For For Re-elect Elias Diaz Sese as Director 11

For For Elect Neil Smith as Director 12

For For Elect Lynn Fordham as Director 13

For For Elect Natalia Barsegiyan as Director 14

For For Elect Stella David as Director 15


Voter Rationale: continued increases in remuneration.



18


19


20



Vote Summary Report


Domino's Pizza Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


23

Edison International Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: EIX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Jeanne Beliveau-Dunn For For

For For Elect Director Michael C. Camunez 1b

For For Elect Director Vanessa C.L. Chang 1c

For For Elect Director James T. Morris 1d

For For Elect Director Timothy T. O'Toole 1e

For For Elect Director Pedro J. Pizarro 1f

For For Elect Director Carey A. Smith 1g

For For Elect Director Linda G. Stuntz 1h

For For Elect Director William P. Sullivan 1i

For For Elect Director Peter J. Taylor 1j

For For Elect Director Keith Trent 1k



3

For For Approve Qualified Employee Stock Purchase Plan

4


Voter Rationale: The proposal would improve the company's existing proxy access right for shareholders.

Eurofins Scientific SE Meeting Date: 04/22/2021 Country: Luxembourg

Meeting Type: Annual/Special Ticker: ERF

Vote Summary Report


Eurofins Scientific SE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Receive and Approve Board's Reports For For

For For Receive and Approve Director's Special Report Re: Operations Carried Out Under the Authorized Capital Established

2

For For Receive and Approve Auditor's Reports 3


4






Voter Rationale: Lack of disclosure around the specific performance targets used in the variable pay plans so unable to accurately assess pay for performance alignment.

For For Reelect Pascal Rakovsky as Director 10

For For Elect Ivo Rauh as Director 11

For For Elect Evie Roos as Director 12

For For Renew Appointment of Deloitte Audit as Auditor 13


For For Acknowledge Information on Repurchase Program

15


16

Against For Increase Authorized Share Capital and Amend Articles of Association

1

Voter Rationale: The stock that could be issued without pre-emptive rights could exceed 10% of oustanding capital and expose shareholders to excessive dilution.

Against For Approve Creation of Class C Beneficiary Units and Amend Articles of Association

2

Voter Rationale: We are supportive of one share one vote.

For For Amend Articles 15.3, 16.3, and 21 of the Articles of Association

3


4

Vote Summary Report


Flughafen Zuerich AG Meeting Date: 04/22/2021 Country: Switzerland

Meeting Type: Annual Ticker: FHZN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Remuneration Report (Non-Binding) 4



6

For For Approve Remuneration of Board of Directors in the Amount of CHF 1.7 Million

7.1


7.2

For For Reelect Guglielmo Brentel as Director 8.1.1

For For Reelect Josef Felder as Director 8.1.2

For For Reelect Stephan Gemkow as Director 8.1.3

Against For Reelect Corine Mauch as Director 8.1.4


Against For Reelect Andreas Schmid as Director 8.1.5


Against For Elect Andreas Schmid as Board Chairman 8.2


Against For Appoint Vincent Albers as Member of the Nomination and Compensation Committee

8.3.1


For For Appoint Guglielmo Brentel as Member of the Nomination and Compensation Committee

8.3.2

Against For Appoint Eveline Saupper as Member of the Nomination and Compensation Committee

8.3.3


Against For Appoint Andreas Schmid as Non-Voting Member of the Nomination and Compensation Committee

8.3.4


For For Designate Marianne Sieger as Independent Proxy

8.4


Vote Summary Report


Flughafen Zuerich AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



Flughafen Zuerich AG Meeting Date: 04/22/2021 Country: Switzerland

Meeting Type: Annual Ticker: FHZN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Fugro NV Meeting Date: 04/22/2021 Country: Netherlands

Meeting Type: Annual Ticker: FUR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2.b Approve Remuneration Report For Against

Voter Rationale: Large vairable award payout despite taking various cuts to the workforce and government grants during the pandemic.




For For Amend Articles Re: Proposed Termination of the Certification of Ordinary Shares in the Share Capital of Fugro

6


7

For For Grant Board Authority to Issue Shares up to 10 Percent of Issued Capital

8.a


8.b


9

Vote Summary Report


Gecina SA Meeting Date: 04/22/2021 Country: France

Meeting Type: Annual Ticker: GFC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2

For For Approve Transfer of Revaluation Surplus of Transferred Assets to Specific Reserves Account

3


4

For For Approve Stock Dividend Program 5

For For Approve Auditors' Special Report on Related-Party Transactions Mentioning the Absence of New Transaction

6

For For Approve Remuneration of Directors in the Aggregate Amount of EUR 700,000

7

For For Approve Compensation of Corporate Officers 8

For For Approve Compensation of Bernard Carayon, Chairman of the Board Until Apr. 23, 2020

9

For For Approve Compensation of Jerome Brunel, Chairman of the Board Since Apr. 23, 2020

10

For For Approve Compensation of CEO 11

For For Approve Remuneration Policy of Board Members 12


13


For For Ratify Appointment of Carole Le Gall as Censor 15

For For Reelect Laurence Danon Arnaud as Director 16

For For Reelect Ivanhoe Cambridge as Director 17


18


19

Vote Summary Report


Heineken Holding NV Meeting Date: 04/22/2021 Country: Netherlands

Meeting Type: Annual Ticker: HEIO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Remuneration Report For For




6.a


6.b


6.c

For For Reelect M. Das as Non-Executive Director 7.a

Against For Reelect Alexander de Carvalho as Non-Executive Director

7.b

For For Ratify Deloitte Accountants B.V. as Auditors 8

Heineken NV Meeting Date: 04/22/2021 Country: Netherlands

Meeting Type: Annual Ticker: HEIA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Adopt Financial Statements 1.c

For For Approve Dividends of EUR 0.70 Per Share 1.e

For For Approve Discharge of Management Board 1.f

For For Approve Discharge of Supervisory Board 1.g


2.a


2.b

For For Authorize Board to Exclude Preemptive Rights from Share Issuances under Item 2.b

2.c

Vote Summary Report


Heineken NV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Harold van den Broek to Management Board

3

For For Reelect Maarten Das to Supervisory Board 4.a

For For Elect Nitin Paranjpe to Supervisory Board 4.b

For For Ratify Deloitte Accountants B.V as Auditors 5

Hoa Phat Group JSC Meeting Date: 04/22/2021 Country: Vietnam

Meeting Type: Annual Ticker: HPG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Business Plan for Financial Year 2021 For For

For For Approve Report of Board of Directors 2

For For Approve Report of Supervisory Board 3

For For Approve Audited Consolidated Financial Statements of Financial Year 2020

4

For For Approve Appropriation to Reserves in Financial Year 2021

5

For For Approve Dividends of Financial Year 2020 6

For For Approve Expected Dividends of Financial Year 2021

7

For For Approve Investment in Hoa Phat Dung Quat 2 Steel Manufacturing Compound Project

8

Against For Approve Waiver of Public Tender Offer to Tran Dinh Long and His Related Parties

9


For For Approve Amended Articles of Association 10.1

For For Approve Corporate Governance Regulations 10.2

For For Approve Regulations on Operation of Board of Directors

11

For For Approve Regulations on Operation of Supervisory Board

12



Vote Summary Report


Holmen AB Meeting Date: 04/22/2021 Country: Sweden

Meeting Type: Annual Ticker: HOLM.B

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Designate Hans Hedstrom as Inspector of Minutes of Meeting

2a

For For Designate Carina Silberg as Inspector of Minutes of Meeting

2b





7


8

For For Approve Discharge of Board Chairman Fredrik Lundberg

9.1

For For Approve Discharge of Board Member Carl Bennet

9.2

For For Approve Discharge of Employee Representative Steewe Bjorklundh

9.3

For For Approve Discharge of Employee Representative Kenneth Johansson

9.4

For For Approve Discharge of Board Member Lars Josefsson

9.5

For For Approve Discharge of Board Member Lars G Josefsson

9.6

For For Approve Discharge of Board Member Alice Kempe

9.7

For For Approve Discharge of Board Member Louise Lindh

9.8

For For Approve Discharge of Board Member Ulf Lundahl

9.9

For For Approve Discharge of Board Member and CEO Henrik Sjolund

9.10

For For Approve Discharge of Board Member Henriette Zeuchner

9.11

For For Approve Discharge of Employee Representative Tommy Asenbrygg

9.12


10a

Vote Summary Report


Holmen AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


10b

For For Approve Remuneration of Directors in the Amount of SEK 740,000 for Chairman and SEK 370,000 for Other Directors

11a

For For Approve Remuneration of Auditors 11b

Against For Reelect Fredrik Lundberg as Director 12a


Against For Reelect Carl Bennet as Director 12b


For For Reelect Lars Josefsson as Director 12c

For For Reelect Lars G Josefsson as Director 12d

Against For Reelect Alice Kempe as Director 12e


Against For Reelect Louise Lindh as Director 12f


Against For Reelect Ulf Lundahl as Director 12g


For For Reelect Henrik Sjolund as Director 12h

For For Reelect Henriette Zeuchner as Director 12i

For For Ratify PricewaterhouseCoopers AB as Auditors (Primary Proposal)

13a

Against For Ratify Ernst & Young AB as Auditors (Secondary Proposal, if item 13a is Rejected)

13b

Voter Rationale: Primary proposal is supported.


For For Amend Articles Re: Editorial Changes; Corporate Purpose; Share Classes; Notice of Meeting; Participation at Meeting; Postal Voting

15


16

Huhtamaki Oyj Meeting Date: 04/22/2021 Country: Finland

Meeting Type: Annual Ticker: HUH1V

Vote Summary Report


Huhtamaki Oyj

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


8



Voter Rationale: Lack of disclosure around the weightings of the performance conditions in the annual bonus.

For For Approve Remuneration of Directors in the Amount of EUR 140,000 for Chairman, EUR 75,000 for Vice Chairman, and EUR 62,000 for Other Directors; Approve Remuneration for Committee Work; Approve Meeting Fees

11


For For Reelect Pekka Ala-Pietila (Chairman), Doug Baillie, William Barker, Anja Korhonen, Kerttu Tuomas (Vice Chairman), Sandra Turner and Ralf Wunderlich as Directors

13




For For Approve Issuance of up to 10 Million New Shares and Conveyance of up to 4 Million Shares without Preemptive Rights

17

Humana Inc. Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: HUM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Kurt J. Hilzinger For For

For For Elect Director Raquel C. Bono 1b

For For Elect Director Bruce D. Broussard 1c

Against For Elect Director Frank A. D'Amelio 1d

Vote Summary Report


Humana Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Wayne A. I. Frederick 1e

For For Elect Director John W. Garratt 1f

Against For Elect Director David A. Jones, Jr. 1g

For For Elect Director Karen W. Katz 1h

For For Elect Director Marcy S. Klevorn 1i

For For Elect Director William J. McDonald 1j

For For Elect Director Jorge S. Mesquita 1k

Against For Elect Director James J. O'Brien 1l

For For Elect Director Marissa T. Peterson 1m



3

Ibstock Plc Meeting Date: 04/22/2021 Country: United Kingdom

Meeting Type: Annual Ticker: IBST

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Jonathan Nicholls as Director 4

For For Re-elect Louis Eperjesi as Director 5

For For Re-elect Tracey Graham as Director 6

For For Re-elect Claire Hawkings as Director 7

For For Re-elect Joe Hudson as Director 8

For For Re-elect Chris McLeish as Director 9

For For Re-elect Justin Read as Director 10


Vote Summary Report


Ibstock Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


12

For For Approve Long-Term Incentive Plan 13


14



16


17



19

Ingevity Corporation Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: NGVT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Jean S. Blackwell For For

For For Elect Director Luis Fernandez-Moreno 1b

For For Elect Director J. Michael Fitzpatrick 1c

For For Elect Director John C. Fortson 1d

For For Elect Director Diane H. Gulyas 1e

For For Elect Director Frederick J. Lynch 1f

For For Elect Director Karen G. Narwold 1g

For For Elect Director Daniel F. Sansone 1h



3

Vote Summary Report


Intuitive Surgical, Inc. Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: ISRG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Craig H. Barratt For For

For For Elect Director Joseph C. Beery 1b

For For Elect Director Gary S. Guthart 1c

For For Elect Director Amal M. Johnson 1d

For For Elect Director Don R. Kania 1e

For For Elect Director Amy L. Ladd 1f

For For Elect Director Keith R. Leonard, Jr. 1g

Against For Elect Director Alan J. Levy 1h

For For Elect Director Jami Dover Nachtsheim 1i

For For Elect Director Monica P. Reed 1j

Against For Elect Director Mark J. Rubash 1k


2



J.B. Hunt Transport Services, Inc. Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: JBHT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Douglas G. Duncan For For

For For Elect Director Francesca M. Edwardson 1.2

For For Elect Director Wayne Garrison 1.3

For For Elect Director Sharilyn S. Gasaway 1.4

Against For Elect Director Gary C. George 1.5

Vote Summary Report


J.B. Hunt Transport Services, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Thad Hill 1.6

For For Elect Director J. Bryan Hunt, Jr. 1.7

For For Elect Director Gale V. King 1.8

For For Elect Director John N. Roberts, III 1.9

Against For Elect Director James L. Robo 1.10

For For Elect Director Kirk Thompson 1.11


2


Johnson & Johnson Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: JNJ

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Mary C. Beckerle For For

For For Elect Director D. Scott Davis 1b

For For Elect Director Ian E. L. Davis 1c

For For Elect Director Jennifer A. Doudna 1d

For For Elect Director Alex Gorsky 1e

For For Elect Director Marillyn A. Hewson 1f

For For Elect Director Hubert Joly 1g

For For Elect Director Mark B. McClellan 1h

For For Elect Director Anne M. Mulcahy 1i

For For Elect Director Charles Prince 1j

For For Elect Director A. Eugene Washington 1k

For For Elect Director Mark A. Weinberger 1l

For For Elect Director Nadja Y. West 1m

For For Elect Director Ronald A. Williams 1n

Vote Summary Report


Johnson & Johnson Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


2




For Against Report on Government Financial Support and Access to COVID-19 Vaccines and Therapeutics

4

Voter Rationale: The resolution requests that the company provide information on how government funding received by the company and its business partners for Covid-19 vaccine development will impact its access strategies. We believe that an effective and equitable global response to the pandemic is one of the most pressing challenges of 2021, and welcome the company’s efforts and commitments in this area to date. Further disclosure around the company’s consideration of public funding can only serve to strengthen these commitments. We therefore support the proposal.

For Against Require Independent Board Chair 5

Voter Rationale: Shareholders would benefit from the most robust form of independent board oversight, in the form of an independent board chair, at the next CEO transition.

For Against Report on Civil Rights Audit 6

Voter Rationale: The company is asked to conduct and publish a third party review of its racial impact and opportunities for improvement. We welcome the company’s existing initiatives and reporting in this area, including its annual DEI Impact Review, efforts to promote diversity in its supplier base and steps taken to improve racial equity in product development. We are supportive of an audit that would help the company identify and address any remaining gaps or areas of development in its current approach. As such, we support the proposal.

Against Against Adopt Policy on Bonus Banking 7

Kering SA Meeting Date: 04/22/2021 Country: France

Meeting Type: Annual/Special Ticker: KER

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2

For For Approve Allocation of Income and Dividends of EUR 8 per Share

3

For For Reelect Francois-Henri Pinault as Director 4

For For Reelect Jean-Francois Palus as Director 5

For For Reelect Financiere Pinault as Director 6

Vote Summary Report


Kering SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Baudouin Prot as Director 7


For For Approve Compensation of Francois-Henri Pinault, Chairman and CEO

9

For For Approve Compensation of Jean-Francois Palus, Vice-CEO

10


11

For For Approve Remuneration Policy of Corporate Officers

12

For For Approve Remuneration of Directors in the Aggregate Amount of EUR 1.4 Million

13


14


15


16


17


18

For For Approve Issuance of Equity or Equity-Linked Securities Reserved for Qualified Investors or Restricted Number of Investors, up to Aggregate Nominal Amount of EUR 50 Million

19

For For Authorize Board to Set Issue Price for 5 Percent Per Year of Issued Capital Pursuant to Issue Authority without Preemptive Rights Under Items 18 and 19

20

For For Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Under Items 16, 18 and 19

21


22


23


24

Vote Summary Report


Littelfuse, Inc. Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: LFUS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Kristina A. Cerniglia For For

Against For Elect Director Tzau-Jin Chung 1b

For For Elect Director Cary T. Fu 1c

For For Elect Director Maria C. Green 1d

For For Elect Director Anthony Grillo 1e

For For Elect Director David W. Heinzmann 1f

For For Elect Director Gordon Hunter 1g

Against For Elect Director William P. Noglows 1h

For For Elect Director Nathan Zommer 1i


2

For For Ratify Grant Thornton LLP as Auditors 3

Lockheed Martin Corporation Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: LMT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Daniel F. Akerson For For

For For Elect Director David B. Burritt 1.2

For For Elect Director Bruce A. Carlson 1.3

For For Elect Director Joseph F. Dunford, Jr. 1.4

For For Elect Director James O. Ellis, Jr. 1.5

For For Elect Director Thomas J. Falk 1.6

For For Elect Director Ilene S. Gordon 1.7

For For Elect Director Vicki A. Hollub 1.8

For For Elect Director Jeh C. Johnson 1.9

Vote Summary Report


Lockheed Martin Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Debra L. Reed-Klages 1.10

For For Elect Director James D. Taiclet 1.11




3



For Against Report on Human Rights Due Diligence 5

Voter Rationale: The company is asked to report on its human rights due diligence process. Given the line of business the company operates in, we welcome greater disclosure in its implementation of human rights due diligence. A vote FOR is warranted.

Magazine Luiza SA Meeting Date: 04/22/2021 Country: Brazil

Meeting Type: Annual Ticker: MGLU3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




4

Voter Rationale: We are not supportive of cumulative voting.


Voter Rationale: Bundled director resolution so sharheolders are unable to vote on directors individually.


6

Voter Rationale: May not be in shareholders' interests.

Vote Summary Report


Magazine Luiza SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


7


Abstain None Percentage of Votes to Be Assigned - Elect Luiza Helena Trajano Inacio Rodrigues as Director

8.1


Abstain None Percentage of Votes to Be Assigned - Elect Marcelo Jose Ferreira e Silva as Director

8.2


Abstain None Percentage of Votes to Be Assigned - Elect Carlos Renato Donzelli as Director

8.3


Abstain None Percentage of Votes to Be Assigned - Elect Marcio Kumruian as Director

8.4


Abstain None Percentage of Votes to Be Assigned - Elect Ines Correa de Souza as Independent Director

8.5


Abstain None Percentage of Votes to Be Assigned - Elect Jose Paschoal Rossetti as Independent Director

8.6


Abstain None Percentage of Votes to Be Assigned - Elect Betania Tanure de Barros as Independent Director

8.7


Abstain None Percentage of Votes to Be Assigned - Elect Silvio Romero de Lemos Meira as Independent Director

8.8



9



Voter Rationale: Concentrating votes on minority candidate.

Vote Summary Report


Magazine Luiza SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


12


For None Elect Eduardo Christovam Galdi Mestieri as Fiscal Council Member and Thiago Costa Jacinto as Alternate Appointed by Minority Shareholder

13

For For Approve Remuneration of Company's Management

14


15


16

Magazine Luiza SA Meeting Date: 04/22/2021 Country: Brazil

Meeting Type: Special Ticker: MGLU3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Article 18 Re: Increase in Board Size For For

For For Amend Articles 22 and 27 2




5

Matson, Inc. Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: MATX

Vote Summary Report


Matson, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Meredith J. Ching For For

For For Elect Director Matthew J. Cox 1.2

For For Elect Director Thomas B. Fargo 1.3

For For Elect Director Mark H. Fukunaga 1.4

Withhold For Elect Director Stanley M. Kuriyama 1.5

Withhold For Elect Director Constance H. Lau 1.6

For For Elect Director Jenai S. Wall 1.7


2



Maxis Berhad Meeting Date: 04/22/2021 Country: Malaysia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Robert Alan Nason as Director For Against

Voter Rationale: Member of the audit committee and excessive non-audit fees paid to the auditor.

Against For Elect Mohammed Abdullah K. Alharbi as Director 2

Voter Rationale: Member of the audit committee and excessive non-audit fees paid to the auditor.

For For Elect Abdulaziz Abdullah M. Alghamdi as Director

3

For For Approve Directors' Fees and Benefits 4

Against For Approve PricewaterhouseCoopers PLT as Auditors and Authorize Board to Fix Their Remuneration

5

Voter Rationale: Excessive non-audit fees.

For For Approve Alvin Michael Hew Thai Kheam to Continue Office as Independent Non-Executive Director

6

Vote Summary Report


Maxis Berhad Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


7

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions with Astro Malaysia Holdings Berhad and/or its Affiliates

8

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions with Usaha Tegas Sdn. Bhd. and/or its Affiliates

9

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions with MEASAT Global Berhad and/or its Affiliates

10

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions with Maxis Communications Berhad and/or its affiliates

11

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions with Saudi Telecom Company and/or its Affiliates

12

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions with SRG Asia Pacific Sdn. Bhd.

13

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions with Malaysian Landed Property Sdn. Bhd. and/or its Affiliates

14

Moncler SpA Meeting Date: 04/22/2021 Country: Italy

Meeting Type: Annual Ticker: MONC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



2


3

Vote Summary Report


Moncler SpA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


4


For For Elect Director 5.2



A


National Grid Plc Meeting Date: 04/22/2021 Country: United Kingdom

Meeting Type: Special Ticker: NG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Acquisition of PPL WPD Investments Limited

For For

For For Approve Increase in Borrowing Limit Under the Company's Articles of Association

2

National Grid Plc Meeting Date: 04/22/2021 Country: United Kingdom

Meeting Type: Special Ticker: NG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Acquisition of PPL WPD Investments Limited

For For

For For Approve Increase in Borrowing Limit Under the Company's Articles of Association

2

PETRONAS Chemicals Group Berhad Meeting Date: 04/22/2021 Country: Malaysia


Vote Summary Report


PETRONAS Chemicals Group Berhad

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Sazali Hamzah as Director For For

For For Elect Warren William Wilder as Director 2

For For Elect Zafar Abdulmajid Momin as Director 3

For For Approve Directors' Fees and Allowances 4


5

Pfizer Inc. Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: PFE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Ronald E. Blaylock For For

For For Elect Director Albert Bourla 1.2

For For Elect Director Susan Desmond-Hellmann 1.3

For For Elect Director Joseph J. Echevarria 1.4

For For Elect Director Scott Gottlieb 1.5

For For Elect Director Helen H. Hobbs 1.6

For For Elect Director Susan Hockfield 1.7

For For Elect Director Dan R. Littman 1.8

For For Elect Director Shantanu Narayen 1.9

For For Elect Director Suzanne Nora Johnson 1.10

For For Elect Director James Quincey 1.11

For For Elect Director James C. Smith 1.12

Against For Ratify KPMG LLP as Auditor 2



3


Vote Summary Report


Pfizer Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against Against Report on Political Contributions and Expenditures

5

Voter Rationale: We are supportive of greater transparency in lobbying disclosure and would urge the company to increase its disclosure in this area, such as full disclosure of trade associations and dues paid to these organisations, as well as further detail on oversight mechanisms. We would prefer to see such information incorporated into Pfizer’s existing disclosure rather than as an additional retrospective annual report, and as such we do not support this proposal.

For Against Report on Access to COVID-19 Products 6

Voter Rationale: The resolution requests that the company provide information on how government funding received by the company and its business partners for Covid-19 vaccine development will impact its access strategies. We believe that an effective and equitable global response to the pandemic is one of the most pressing challenges of 2021, and welcome the company’s efforts and commitments in this area to date. Further disclosure around the company’s consideration of public funding can only serve to strengthen these commitments. We therefore support the proposal.

Plastic Omnium SE Meeting Date: 04/22/2021 Country: France

Meeting Type: Annual/Special Ticker: POM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3

Voter Rationale: Lack of transparency around the transactions with Burelle and the details behind these e.g. board approval rates. Given the controlling interests of Burelle there is a potential for a conflict of interest.


4


5

For For Reelect Laurent Burelle as Director 6

For For Reelect Laurent Favre as Director 7

For For Reelect Burelle SA as Director 8

For For Reelect Anne-Marie Couderc as Director 9

For For Reelect Lucie Maurelle Aubert as Director 10

For For Reelect Bernd Gottschalk as Director 11

For For Reelect Paul Henry Lemarie as Director 12

For For Reelect Alexandre Merieux as Director 13

Vote Summary Report


Plastic Omnium SE Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Acknowledge End of Mandate of Jean Burelle as Director and Decision Not to Renew

14

For For Acknowledge End of Mandate of Jerome Gallot as Director and Decision Not to Renew

15


16

Against For Approve Remuneration Policy of CEO 17

Voter Rationale: Lack of transparency around the specific performance targets used in the annual bonus and long term incentive award, as well as no specific policy around non-compete agreements.

Against For Approve Remuneration Policy of Vice-CEO 18

Voter Rationale: Lack of transparency around the specific performance targets used in the annual bonus and long term incentive award, as well as no specific policy around non-compete agreements.



For For Approve Compensation of Laurent Burelle, Chairman of the Board

21

Against For Approve Compensation of Laurent Favre, CEO 22

Voter Rationale: Annual bonus targets were based on half year performance with no adjustments for this made to payouts.

Against For Approve Compensation of Félicie Burelle, Vice-CEO

23

Voter Rationale: Annual bonus targets were based on half year performance with no adjustments for this made to payouts.

Against For Authorize up to 0.5 Percent of Issued Capital for Use in Stock Option Plans

24

Voter Rationale: Lack of disclosure around performance conditions.

Against For Authorize up to 0.1 Percent of Issued Capital for Use in Restricted Stock Plans

25

Voter Rationale: Lack of disclosure around performance conditions.

Against For Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 4 Million

26



27

Voter Rationale: The stock that could be issued without pre-emptive rights exceeds 10% of outstanding capital which presents risk of excessive dilution.

Against For Approve Issuance of Equity or Equity-Linked Securities for Private Placements, up to Aggregate Nominal Amount of EUR 1.7 Million

28


Vote Summary Report


Plastic Omnium SE Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Above Under Items 26-28

29



30

For For Ratify Amendments of Bylaws to Comply with Legal Changes

31

Against For Delegate Power to the Board to Amend the Bylaws to Comply with Legal Changes

32

Voter Rationale: May have a negative impact on shareholder rights.


33

PT Astra International Tbk Meeting Date: 04/22/2021 Country: Indonesia

Meeting Type: Annual Ticker: ASII

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Articles of Association For For


2


For For Approve Changes in Board of Commissioners and Approve Remuneration of Directors and Commissioners

4


Public Financial Holdings Limited Meeting Date: 04/22/2021 Country: Bermuda


Vote Summary Report


Public Financial Holdings Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Elect Teh Hong Piow as Director 2.1

For For Elect Tan Yoke Kong as Director 2.2

For For Elect Chang Kat Kiam as Director 2.3


2.4

For For Approve Ernst & Young as Auditors and Authorize Board to Fix Their Remuneration

3



5


Against For Authorize Reissuance of Repurchased Shares 6


Raiffeisen Bank International AG Meeting Date: 04/22/2021 Country: Austria

Meeting Type: Annual Ticker: RBI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Allocation of Income For For


3


4


5

For For Ratify Auditors for Fiscal Year 2022 6


Vote Summary Report


Regional SAB de CV Meeting Date: 04/22/2021 Country: Mexico

Meeting Type: Annual Ticker: RA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.a Approve CEO's Report, Including Financial Statements and Statutory Reports

For For

For For Approve Board's Report 1.b

For For Approve Audit Committee's Report Including Board's Opinion on CEO's Report

1.c

For For Approve Corporate Practices Committee's Report

1.d

For For Approve Allocation of Income 2.a

For For Approve Cash Dividends 2.b


2.c

For For Present Report on Share Repurchase 2.d

For For Approve Discharge of Board of Directors 3.a

For For Fix Number of Directors at 14 3.b1

For For Elect or Ratify Manuel G. Rivero Santos as Director

3.b2

For For Elect or Ratify Manuel Gerardo Rivero Zambrano as Director

3.b2a

For For Elect or Ratify Sergio Eugenio Gonzalez Barragan as Director

3.b2b

For For Elect or Ratify Hector Cantu Reyes as Director 3.b2c

For For Elect or Ratify Alejandra Rivero Roel as Director 3.b2d

For For Elect or Ratify Francisco Rogelio Garza Egloff as Director

3.b2e

Against For Elect or Ratify Alfonso Gonzalez Migoya as Director

3.b2f


For For Elect or Ratify Jorge Humberto Santos Reyna as Director

3.b2g

For For Elect or Ratify Isauro Alfaro Alvarez as Director 3.b2h

For For Elect or Ratify Oswaldo Jose Ponce Hernandez as Director

3.b2i

For For Elect or Ratify Juan Carlos Calderon Guzman as Director

3.b2j

Vote Summary Report


Regional SAB de CV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect or Ratify Daniel Adrian Abut as Director 3.b2k

For For Elect or Ratify Carlos Arreola Enriquez as Director

3.b2l

For For Elect or Ratify Luis Miguel Torre Amione as Director

3.b2m

For For Elect or Ratify Marcelo Zambrano Lozano as Alternate Director

3.b2n

For For Ratify Independence Classification of Independent Directors

3.b3

For For Ratify Jaime Alberto Rivero Santos Honorary Chairman of Board, Manuel G. Rivero Santos as Executive Chairman of Board, Manuel Gerardo Rivero Zambrano as CEO, Napoleon Garcia Cantu as Secretary and Enrique Navarro Ramirez as Deputy Secretary

3.b4

For For Approve Directors Liability and Indemnification 3.b5

Against For Elect or Ratify Alfonso Gonzalez Migoya as Chairman of Audit and Corporate Practices Committees

3.c1


For For Elect or Ratify Alfonso Gonzalez Migoya as Chairman and Jorge Humberto Santos Reyna and Carlos Arreola Enriquez as Members of Audit Committee

3.c2

For For Elect or Ratify Alfonso Gonzalez Migoya as Chairman and Oswaldo Jose Ponce Hernandez, Daniel Adrian Abut and Jorge Humberto Santos Reyna as Members of Corporate Practices Committee

3.c3

For For Ratify Remuneration of Directors Paid Between 2020 AGM and This year AGM

3.d1

For For Remuneration of Directors, Commissars and Committee Members of Regional S.A. will be Approved by Banco Regional S. A., Institucion de Banca Multiple Banregio Grupo Financiero's Ordinary Meeting

3.d2

For For Approve Certification of the Company's Bylaws 4


5


Vote Summary Report


RELX Plc Meeting Date: 04/22/2021 Country: United Kingdom

Meeting Type: Annual Ticker: REL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Reappoint Ernst & Young LLP as Auditors 4


5

For For Elect Paul Walker as Director 6

For For Elect June Felix as Director 7

For For Re-elect Erik Engstrom as Director 8

For For Re-elect Wolfhart Hauser as Director 9

For For Re-elect Charlotte Hogg as Director 10

For For Re-elect Marike van Lier Lels as Director 11

For For Re-elect Nick Luff as Director 12

For For Re-elect Robert MacLeod as Director 13

For For Re-elect Linda Sanford as Director 14

For For Re-elect Andrew Sukawaty as Director 15

For For Re-elect Suzanne Wood as Director 16



18


19



21

Rexel SA Meeting Date: 04/22/2021 Country: France

Meeting Type: Annual/Special Ticker: RXL

Vote Summary Report


Rexel SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2

For For Approve Treatment of Losses and Dividends of EUR 0.46 per Share

3

For For Approve Auditors' Special Report on Related-Party Transactions Mentioning the Absence of New Transactions

4


5




8

For For Approve Compensation of Ian Meakins, Chairman of the Board

9

For For Approve Compensation of Patrick Berard, CEO 10

For For Reelect Francois Henrot as Director 11

For For Reelect Marcus Alexanderson as Director 12

For For Reelect Maria Richter as Director 13


14


15


16


17


18


19

Vote Summary Report


Rexel SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


20


21

For For Authorize Capital Issuances for Use in Employee Stock Purchase Plans for International Employees

22


23

For For Amend Articles 14, 28 and 30 of Bylaws to Comply with Legal Changes

24

For For Approve Remuneration Policy of Guillaume Texier, CEO

25

For For Elect Guillaume Texier as Director 26


27

Sbanken ASA Meeting Date: 04/22/2021 Country: Norway

Meeting Type: Annual Ticker: SBANK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction





4.1

For For Authorize Board to Distribute Dividends of up to NOK 4.4 Per Share

4.2


For For Approve Remuneration of Directors; Approve Remuneration for Committee Work

6


7


8

Vote Summary Report


Sbanken ASA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Susanne Thore as Chair of Nominating Committee

10.1

For For Elect Berit Henriksen as Member of Nominating Committee

10.2

For For Elect Oisten Widding as Member of Nominating Committee

10.3

For For Reelect Niklas Midtby (Chairman) as Director 11.1

For For Reelect Mai-Lill Ibsen as Director 11.2

For For Reelect Ragnhild Wiborg as Director 11.3

For For Elect Herman Korsgaard as New Director 11.4


For For Authorize Board to Issue Hybrid Capital Instruments with Total Nominal Value up to NOK 600 Million

13.1

For For Authorize Board to Issue Subordinated Loans with Total Nominal Value up to NOK 750 Million

13.2

For For Authorize Board to Issue Senior Non-Preferred Debt with Total Nominal Value up to NOK 5 Billion

13.3

For For Approve Creation of NOK 100 Million Pool of Capital without Preemptive Rights

14

SEGRO Plc Meeting Date: 04/22/2021 Country: United Kingdom

Meeting Type: Annual Ticker: SGRO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Gerald Corbett as Director 4

For For Re-elect Mary Barnard as Director 5

For For Re-elect Sue Clayton as Director 6

For For Re-elect Soumen Das as Director 7

Vote Summary Report


SEGRO Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Carol Fairweather as Director 8

For For Re-elect Christopher Fisher as Director 9

For For Re-elect Andy Gulliford as Director 10

For For Re-elect Martin Moore as Director 11

For For Re-elect David Sleath as Director 12


13


14


15



17


18



20

For For Approve Savings-Related Share Option Plan 21

For For Approve Share Incentive Plan 22

For For Authorise Board to Offer Scrip Dividend 23

Sensient Technologies Corporation Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: SXT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Joseph Carleone For For

For For Elect Director Edward H. Cichurski 1.2

For For Elect Director Mario Ferruzzi 1.3

For For Elect Director Carol R. Jackson 1.4

For For Elect Director Donald W. Landry 1.5

Vote Summary Report


Sensient Technologies Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Paul Manning 1.6

For For Elect Director Deborah McKeithan-Gebhardt 1.7

For For Elect Director Scott C. Morrison 1.8

For For Elect Director Elaine R. Wedral 1.9

For For Elect Director Essie Whitelaw 1.10


2


SFS Group AG Meeting Date: 04/22/2021 Country: Switzerland

Meeting Type: Annual Ticker: SFSN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Remuneration of Directors in the Amount of CHF 1.5 Million for the Term of Office 2021/22

2.1

For For Approve Fixed Remuneration of Executive Committee in the Amount of CHF 4.1 Million for the Period Jan. 1, 2022 - Dec. 31, 2022

2.2

Against For Approve Variable Remuneration of Executive Committee in the Amount of CHF 2.5 Million for Fiscal Year 2020

2.3

Voter Rationale: Pay for performance alignment concerns.


3


4

For For Reelect Nick Huber as Director 5.1

Against For Reelect Urs Kaufmann as Director 5.2

Voter Rationale: Overboarding concerns as Chair on two other boards and holds two other non executive roles.

For For Reelect Thomas Oetterli as Director 5.3

For For Reelect Heinrich Spoerry as Director and Board Chairman

5.4

Vote Summary Report


SFS Group AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Bettina Stadler as Director 5.5

For For Reelect Joerg Walther as Director 5.6

For For Elect Manuela Suter as Director 5.7

Against For Reappoint Nick Huber as Member of the Nomination and Compensation Committee

6.1


Against For Reappoint Urs Kaufmann as Chairman of the Nomination and Compensation Committee

6.2


Against For Reappoint Heinrich Spoerry as Member of the Nomination and Compensation Committee

6.3


For For Designate Buerki Bolt Rechtsanwaelte as Independent Proxy

7




SFS Group AG Meeting Date: 04/22/2021 Country: Switzerland

Meeting Type: Annual Ticker: SFSN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Shandong Hualu-Hengsheng Chemical Co., Ltd. Meeting Date: 04/22/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Vote Summary Report


Shandong Hualu-Hengsheng Chemical Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction






6



For For Approve Related Party Transactions 9

Against For Approve Use of Own Funds for Structured Deposits

10


For For Amend the Remuneration Management System of the Company's Directors, Supervisors and Senior Management

11

For For Elect Chang Huaichun as Director 12.1

For For Elect Dong Yan as Director 12.2

For For Elect Ding Jiansheng as Director 12.3

For For Elect Gao Jinghong as Director 12.4

For For Elect Zhuang Guangshan as Director 12.5

For For Elect Zhang Chengyong as Director 12.6

For For Elect Liu Chengtong as Director 12.7

For For Elect Qian Yitai as Director 13.1

Against For Elect Cao Yiping as Director 13.2

Voter Rationale: Chair of the nominating committee and lack of gender diversity on the board.

For For Elect Lou Hetong as Director 13.3

For For Elect Rong Yihao as Director 13.4

For For Elect Zhao Jingguo as Supervisor 14.1

For For Elect Yang Zhiyong as Supervisor 14.2

Singapore Technologies Engineering Ltd. Meeting Date: 04/22/2021 Country: Singapore

Meeting Type: Annual Ticker: S63

Vote Summary Report


Singapore Technologies Engineering Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Vincent Chong Sy Feng as Director 3

Against For Elect Lim Ah Doo as Director 4

For For Elect Lim Sim Seng as Director 5

For For Elect Ong Su Kiat Melvyn as Director 6

For For Elect Ng Bee Bee (May) as Director 7

For For Approve Directors' Remuneration 8


9


10

For For Approve Grant of Awards and Issuance of Shares Under the Singapore Technologies Engineering Performance Share Plan 2020 and the Singapore Technologies Engineering Restricted Share Plan 2020

11


12


For For Approve Kwa Chong Seng to Continue Office as Independent Director for Purposes of Rule 210(5)(d)(iii)(A) of the Listing Manual of Singapore Exchange Securities Trading Limited (Tier 1)

14

For For Approve Kwa Chong Seng to Continue Office as Independent Director for Purposes of Rule 210(5)(d)(iii)(B) of the Listing Manual of Singapore Exchange Securities Trading Limited (Tier 2)

15

SThree Plc Meeting Date: 04/22/2021 Country: United Kingdom

Meeting Type: Annual Ticker: STEM

Vote Summary Report


SThree Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Mark Dorman as Director 4

For For Re-elect Alex Smith as Director 5

For For Re-elect Anne Fahy as Director 6

For For Re-elect James Bilefield as Director 7

For For Re-elect Barrie Brien as Director 8

For For Re-elect Denise Collis as Director 9


10



12



14


15


SVB Financial Group Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: SIVB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Greg Becker For For

Against For Elect Director Eric Benhamou 1.2

For For Elect Director John Clendening 1.3

Vote Summary Report


SVB Financial Group Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Richard Daniels 1.4

For For Elect Director Alison Davis 1.5

For For Elect Director Roger Dunbar 1.6

For For Elect Director Joel Friedman 1.7

For For Elect Director Jeffrey Maggioncalda 1.8

For For Elect Director Beverly Kay Matthews 1.9

For For Elect Director Mary Miller 1.10

For For Elect Director Kate Mitchell 1.11

For For Elect Director Garen Staglin 1.12


2


Taylor Wimpey Plc Meeting Date: 04/22/2021 Country: United Kingdom

Meeting Type: Annual Ticker: TW

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Irene Dorner as Director 3

For For Re-elect Pete Redfern as Director 4

For For Re-elect Chris Carney as Director 5

For For Re-elect Jennie Daly as Director 6

For For Re-elect Gwyn Burr as Director 7

For For Re-elect Angela Knight as Director 8

For For Re-elect Robert Noel as Director 9

For For Re-elect Humphrey Singer as Director 10

For For Elect Lord Jitesh Gadhia as Director 11

For For Elect Scilla Grimble as Director 12

Vote Summary Report


Taylor Wimpey Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


13


14



16


17




20


21


Telefonica SA Meeting Date: 04/22/2021 Country: Spain

Meeting Type: Annual Ticker: TEF

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For





3

For For Reelect Jose Maria Alvarez-Pallete Lopez as Director

4.1

For For Reelect Carmen Garcia de Andres as Director 4.2

For For Reelect Ignacio Moreno Martinez as Director 4.3

Vote Summary Report


Telefonica SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Reelect Francisco Jose Riberas Mera as Director 4.4



5

For For Approve Scrip Dividends 6.1



7.1

For For Amend Articles Re: Possibility of Granting Proxies and Casting Votes Prior to the Meeting by Telephone

7.2


8.1

For For Amend Articles of General Meeting Regulations Re: Possibility of Granting Proxies and Casting Votes Prior to the Meeting by Telephone

8.2


For For Approve Restricted Stock Plan 10


11


Teleperformance SE Meeting Date: 04/22/2021 Country: France

Meeting Type: Annual/Special Ticker: TEP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3


4

Vote Summary Report


Teleperformance SE Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Against For Approve Compensation of Daniel Julien, Chairman and CEO

6

Voter Rationale: Maximum payouts awarded despite amending targets mid year due to Covid 19.

Against For Approve Compensation of Olivier Rigaudy, Vice-CEO

7

Voter Rationale: Maximum payouts awarded despite amending targets mid year due to Covid 19.


For For Approve Remuneration Policy of the Chairman and CEO

9

For For Approve Remuneration Policy of the Vice-CEO 10

For For Reelect Daniel Julien as Director 11

For For Reelect Emily Abrera as Director 12

For For Reelect Alain Boulet as Director 13

For For Reelect Robert Paszczak as Director 14

For For Reelect Stephen Winningham as Director 15


16


17


18

For For Amend Article 21 of Bylaws Re: Transactions 19


20

Texas Instruments Incorporated Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: TXN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Mark A. Blinn For For

For For Elect Director Todd M. Bluedorn 1b

For For Elect Director Janet F. Clark 1c

Vote Summary Report


Texas Instruments Incorporated Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Carrie S. Cox 1d

For For Elect Director Martin S. Craighead 1e

For For Elect Director Jean M. Hobby 1f

For For Elect Director Michael D. Hsu 1g

For For Elect Director Ronald Kirk 1h

For For Elect Director Pamela H. Patsley 1i

For For Elect Director Robert E. Sanchez 1j

For For Elect Director Richard K. Templeton 1k


2





The AES Corporation Meeting Date: 04/22/2021 Country: USA

Meeting Type: Annual Ticker: AES

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Janet G. Davidson For For

For For Elect Director Andres R. Gluski 1.2

For For Elect Director Tarun Khanna 1.3

For For Elect Director Holly K. Koeppel 1.4

For For Elect Director Julia M. Laulis 1.5

For For Elect Director James H. Miller 1.6

For For Elect Director Alain Monie 1.7

For For Elect Director John B. Morse, Jr. 1.8

For For Elect Director Moises Naim 1.9

For For Elect Director Teresa M. Sebastian 1.10

Vote Summary Report


The AES Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


2


Against Against Require Shareholder Approval of Bylaw and Charter Amendments Adopted by the Board of Directors

4

Thule Group AB Meeting Date: 04/22/2021 Country: Sweden

Meeting Type: Annual Ticker: THULE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Designate John Hernander as Inspector of Minutes of Meeting

2.a

For For Designate Adam Gerge as Inspector of Minutes of Meeting

2.b





7.a


7.b

For For Approve Discharge of Board Chairman Bengt Baron

7.c1

For For Approve Discharge of Board Member Mattias Ankarberg

7.c2

For For Approve Discharge of Board Member Hans Eckerstrom

7.c3

For For Approve Discharge of Board Member Helene Mellquist

7.c4

For For Approve Discharge of Board Member Therese Reutersward

7.c5

For For Approve Discharge of Board Member Helene Willberg

7.c6

For For Approve Discharge of President Magnus Welander

7.c7

Vote Summary Report


Thule Group AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


8

For For Approve Remuneration of Directors in the Amount of SEK 1.15 Million for Chairman and SEK 400,000 for Other Directors; Approve Remuneration for Committee Work

9

For For Reelect Bengt Baron as Director 10.1

For For Reelect Mattias Ankarberg as Director 10.2

For For Reelect Hans Eckerstrom as Director 10.3

For For Reelect Helene Mellquist as Director 10.4

For For Reelect Therese Reutersward as Director 10.5

Against For Reelect Helene Willberg as Director 10.6


For For Reelect Bengt Baron as Board Chairman 10.7




13


Voter Rationale: Lack of disclosure around the achievements of the performance conditions in the annual bonus.

For For Amend Articles Re: Postal Voting 15

Veolia Environnement SA Meeting Date: 04/22/2021 Country: France

Meeting Type: Annual/Special Ticker: VIE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2

For For Approve Non-Deductible Expenses 3


4

Vote Summary Report


Veolia Environnement SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


5

For For Reelect Caisse des Depots et Consignations as Director

6

For For Reelect Marion Guillou as Director 7

For For Elect Pierre-Andre de Chalendar as Director 8

Against For Approve Amendment of the Economic Performance Criterion Related to the Acquisition of Performance Shares Allocated to the Chairman and CEO under Plan No. 1

9

Voter Rationale: The planned amendment would erase the effects of the Covid 19 crisis for the 2018 LTI plan.

For For Approve Amendment of the Economic Performance Criterion Related to the Acquisition of Performance Shares Allocated to the Chairman and CEO under Plan No. 2

10

For For Approve Amendment of the Economic Performance Criterion Related to the Acquisition of Performance Shares Allocated to the Chairman and CEO under Plan No. 3

11

Against For Approve Compensation of Antoine Frerot, Chairman and CEO

12

Voter Rationale: The planned amendment would erase the effects of the Covid 19 crisis for the 2018 LTI plan.



14


15


16


17


18

For For Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Under Items 17 and 18

19


20

Vote Summary Report


Veolia Environnement SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Issuance of Equity or Equity-Linked Securities Reserved for Employees and Corporate Officers, up to Aggregate Nominal Amount of EUR 17,358,340

21

For For Authorize up to 0.5 Percent of Issued Capital for Use in Restricted Stock Plans

22

For For Amend Article 11 of Bylaws Re: Employee Representative

23

For For Amend Article 11.2 of Bylaws Re: Board Composition

24


25

Wolters Kluwer NV Meeting Date: 04/22/2021 Country: Netherlands

Meeting Type: Annual Ticker: WKL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2.c Approve Remuneration Report For For

For For Adopt Financial Statements 3.a




For For Reelect Frans Cremers to Supervisory Board 5.a

For For Reelect Ann Ziegler to Supervisory Board 5.b

For For Reelect Kevin Entricken to Management Board 6

For For Approve Remuneration Policy for Management Board

7


8.a


8.b


9


Vote Summary Report


Xiamen Faratronic Co., Ltd. Meeting Date: 04/22/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







For For Approve to Appoint Auditors and to Fix Their Remuneration

7

For For Approve Entrusted Asset Management 8


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







For For Approve to Appoint Auditors and to Fix Their Remuneration

7

For For Approve Entrusted Asset Management 8


Zhejiang Supor Co., Ltd. Meeting Date: 04/22/2021 Country: China


Vote Summary Report


Zhejiang Supor Co., Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







For For Approve Daily Related Party Transaction Agreement

7

For For Approve Use of Own Idle Funds for Short-term Financial Products

8

For For Approve Guarantee Provision 9

For For Approve Repurchase and Cancellation of Performance Shares

10

For For Elect Delphine SEGURA VAYLET as Non-Independent Director

11


Abbott Laboratories Meeting Date: 04/23/2021 Country: USA

Meeting Type: Annual Ticker: ABT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Robert J. Alpern For For

For For Elect Director Roxanne S. Austin 1.2

For For Elect Director Sally E. Blount 1.3

For For Elect Director Robert B. Ford 1.4

For For Elect Director Michelle A. Kumbier 1.5

For For Elect Director Darren W. McDew 1.6

For For Elect Director Nancy McKinstry 1.7

For For Elect Director William A. Osborn 1.8

Vote Summary Report


Abbott Laboratories Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Michael F. Roman 1.9

For For Elect Director Daniel J. Starks 1.10

For For Elect Director John G. Stratton 1.11

For For Elect Director Glenn F. Tilton 1.12

For For Elect Director Miles D. White 1.13



3

For For Adopt Majority Voting Standard for Amendments of the Articles of Incorporation and Effect Other Ministerial Changes

4a

For For Adopt Majority Voting Standard for Certain Extraordinary Transactions

4b


Voter Rationale: The company is being asked to provide greater transparency on its lobbying activities. While we welcome the company's existing disclosure practices, there are a number of areas in which it could improve – such as comprehensive disclosure of trade association memberships and dues paid to these organisations. We believe it is best practice to provide full disclosure and therefore support this proposal.

For Against Report on Racial Justice 6

Voter Rationale: The company is asked to publish a report on its plans to promote racial justice. We welcome the company’s existing initiatives in this area and efforts taken to increase these since last year, and note the Board’s ongoing commitment to diversity. We are supportive of further disclosure, particularly of a quantitative nature, and would note that the proposal is in line with the company’s own plans to publish a Diversity & Inclusion Report. As such, we support the proposal.


Alleghany Corporation Meeting Date: 04/23/2021 Country: USA

Meeting Type: Annual Ticker: Y

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Phillip M. Martineau For For

Against For Elect Director Raymond L.M. Wong 1.2


2

For For Ratify Ernst & Young LLP as Auditor 3

Vote Summary Report


Amplifon SpA Meeting Date: 04/23/2021 Country: Italy

Meeting Type: Annual Ticker: AMP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



Against None Slate 1 Submitted by Ampliter Srl 3.1.1

Voter Rationale: We are supportive of slate 2


3.1.2

For For Approve Internal Auditors' Remuneration 3.2


Voter Rationale: Termination payments exceed 24 months' pay which is below best practice.


4.2

Voter Rationale: Lack of retrospective disclosure so unable to assess pay for performance alignment.


5

Voter Rationale: Share repurchase limit exceeds 10% of outstanding capital.

Ayala Corporation Meeting Date: 04/23/2021 Country: Philippines

Meeting Type: Annual Ticker: AC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




3


Vote Summary Report


Ayala Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect Fernando Zobel de Ayala as Director 4.2


Against For Elect Cezar P. Consing as Director 4.3


Against For Elect Delfin L. Lazaro as Director 4.4


Against For Elect Keiichi Matsunaga as Director 4.5


For For Elect Rizalina G. Mantaring as Director 4.6

For For Elect Antonio Jose U. Periquet as Director 4.7

For For Elect SyCip Gorres Velayo & Co. as External Auditor and Fix Its Remuneration

5



BDO Unibank, Inc. Meeting Date: 04/23/2021 Country: Philippines

Meeting Type: Annual Ticker: BDO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Minutes of Previous Stockholders' Meeting held on June 16, 2020

For For

For For Approve Audited Financial Statements of BDO as of December 31, 2020

2

For For Approve and Ratify All Acts of the Board of Directors, Board Committees and Management During Their Terms of Office

3

For For Elect Christopher A. Bell-Knight as Director 4.1

For For Elect Jesus A. Jacinto, Jr. as Director 4.2

For For Elect Teresita T. Sy as Director 4.3

For For Elect Josefina N. Tan as Director 4.4

For For Elect Nestor V. Tan as Director 4.5

For For Elect George T. Barcelon as Director 4.6

Vote Summary Report


BDO Unibank, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Jose F. Buenaventura as Director 4.7

For For Elect Jones M. Castro, Jr. as Director 4.8

For For Elect Vicente S. Perez, Jr. as Director 4.9

For For Elect Dioscoro I. Ramos as Director 4.10

For For Elect Gilberto C. Teodoro, Jr. as Director 4.11

For For Approve Amendments to Sections 10 and 16 of BDO's By-Laws Following the Recommendations of the Bangko Sentral ng Pilipinas

5

For For Appoint External Auditor 6


CenterPoint Energy, Inc. Meeting Date: 04/23/2021 Country: USA

Meeting Type: Annual Ticker: CNP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Leslie D. Biddle For For

For For Elect Director Milton Carroll 1b

For For Elect Director Wendy Montoya Cloonan 1c

For For Elect Director Earl M. Cummings 1d

For For Elect Director David J. Lesar 1e

For For Elect Director Martin H. Nesbitt 1f

For For Elect Director Theodore F. Pound 1g

For For Elect Director Phillip R. Smith 1h

For For Elect Director Barry T. Smitherman 1i




3

Vote Summary Report


China Suntien Green Energy Corporation Limited Meeting Date: 04/23/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Satisfaction of the Criteria for the Non-Public Issuance of A Shares by the Company

For For

For For Approve Class and Par Value of Shares to be Issued

2.1

For For Approve Method and Time of the Issuance 2.2

For For Approve Target Subscriber and Subscription Method

2.3

For For Approve Pricing Benchmark Date, Issue Price and Pricing Method

2.4

For For Approve Number of Shares to be Issued 2.5

For For Approve Arrangements for Lock-Up Period 2.6

For For Approve Arrangements for the Accumulated Profit Prior to the Non-Public Issuance

2.7

For For Approve Place of Listing of the Shares Under the Issuance

2.8

For For Approve Amount to be Raised and Use of Proceeds

2.9

For For Approve Effective Period for this Resolution on the Non-Public Issuance of Shares

2.10

For For Approve Proposal for Non-Public Issuance of A Shares of the Company

3

For For Approve Conditional Subscription Agreement and the Connected Transaction Between the Company and Hebei Construction & Investment Group Co., Ltd.

4

For For Approve Feasibility Analysis Report on the Use of Proceeds from the Non-Public Issuance of A Shares of the Company

5

For For Approve Report on the Use of the Previously-Raised Proceeds of the Company

6

For For Approve Dilution of Current Returns, Adoption of Remedial Measures and Undertakings by Relevant Entities of the Non-Public Issuance of A Shares

7

For For Approve Shareholders' Return Plan for the Next Three Years (2021-2023) of the Non-Public Issuance

8

Vote Summary Report


China Suntien Green Energy Corporation Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Waiver from the Obligation of the Controlling Shareholder to Make a General Offer in Respect of its Acquisition of the Shares of the Company

9

For For Authorize Board to Handle All Matters in Relation the Non-Public Issuance of A Shares

10

For For Approve Specific Mandate 11

China Suntien Green Energy Corporation Limited Meeting Date: 04/23/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Approve Class and Par Value of Shares to be Issued

For For

For For Approve Method and Time of the Issuance 1.2

For For Approve Target Subscriber and Subscription Method

1.3

For For Approve Pricing Benchmark Date, Issue Price and Pricing Method

1.4

For For Approve Number of Shares to be Issued 1.5

For For Approve Arrangements for Lock-Up Period 1.6

For For Approve Arrangements for the Accumulated Profit Prior to the Non-Public Issuance

1.7

For For Approve Place of Listing of the Shares Under the Issuance

1.8

For For Approve Amount to be Raised and Use of Proceeds

1.9

For For Approve Effective Period for this Resolution on the Non-Public Issuance of Shares

1.10

For For Approve Proposal for Non-Public Issuance of A Shares of the Company

2

For For Approve Conditional Subscription Agreement and the Connected Transaction between the Company and Hebei Construction & Investment Group Co., Ltd.

3

For For Authorize Board to Handle All Matters in Relation the Non-Public Issuance of A Shares

4

For For Approve Specific Mandate 5

Vote Summary Report


Galp Energia SGPS SA Meeting Date: 04/23/2021 Country: Portugal

Meeting Type: Annual Ticker: GALP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Ratify Co-option of Andrew Richard Dingley Brown as Director

For For

For For Approve Individual and Consolidated Financial Statements and Statutory Reports

2


For For Appraise Management of Company and Approve Vote of Confidence to Board of Directors

4

For For Appraise Supervision of Company and Approve Vote of Confidence to Fiscal Council

5

For For Appraise Work Performed by Statutory Auditor and Approve Vote of Confidence to Statutory Auditor

6


For For Authorize Repurchase and Reissuance of Shares and Bonds

8

Gerdau SA Meeting Date: 04/23/2021 Country: Brazil

Meeting Type: Annual Ticker: GGBR4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 As a Preferred Shareholder, Would You like to Request a Separate Minority Election of a Member of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law?

None For

For None Elect Augusto Brauna Pinheiro as Director Appointed by Preferred Shareholder

2


3

Vote Summary Report


Gerdau SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For None Elect Carlos Roberto Cafareli as Fiscal Council Member and Maelcio Mauricio Soares as Alternate Appointed by Preferred Shareholder

4

Graco Inc. Meeting Date: 04/23/2021 Country: USA

Meeting Type: Annual Ticker: GGG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Brett C. Carter For For

For For Elect Director R. William Van Sant 1b

For For Elect Director Emily C. White 1c



3

Great Wall Motor Company Limited Meeting Date: 04/23/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve 2020 Audited Financial Report For For

For For Approve 2020 Report of the Board of Directors 2

For For Approve 2020 Profit Distribution Proposal 3

For For Approve 2020 Annual Report and Its Summary Report

4

For For Approve 2020 Report of the Independent Directors

5


6

For For Approve 2021 Operating Strategies 7

Vote Summary Report


Great Wall Motor Company Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Deloitte Touche Tohmatsu Certified Public Accountants LLP as External Auditor and Authorize Board to Fix Their Remuneration

8

For For Approve 2021 Plan of Guarantees to be Provided by the Company

9

For For Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for A Shares and H Shares

10

For For Approve Authorization of the Board to Repurchase A Shares and H Shares of the Company

11



Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Authorization of the Board to Repurchase A Shares and H Shares of the Company

For For



Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Authorization of the Board to Repurchase A Shares and H Shares of the Company

For For

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Vote Summary Report


Great Wall Motor Company Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Authorization of the Board to Repurchase A Shares and H Shares of the Company

1

Grupo Financiero Banorte SAB de CV Meeting Date: 04/23/2021 Country: Mexico

Meeting Type: Annual Ticker: GFNORTEO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.a Approve CEO's Report on Financial Statements and Statutory Reports

For For

For For Approve Board's Report on Policies and Accounting Information and Criteria Followed in Preparation of Financial Information

1.b

For For Approve Board's Report on Operations and Activities Undertaken by Board

1.c

For For Approve Report on Activities of Audit and Corporate Practices Committee

1.d

For For Approve All Operations Carried out by Company and Ratify Actions Carried out by Board, CEO and Audit and Corporate Practices Committee

1.e


For For Elect Carlos Hank Gonzalez as Board Chairman 4.a1

For For Elect Juan Antonio Gonzalez Moreno as Director 4.a2

For For Elect David Juan Villarreal Montemayor as Director

4.a3

For For Elect Jose Marcos Ramirez Miguel as Director 4.a4

For For Elect Carlos de la Isla Corry as Director 4.a5

For For Elect Everardo Elizondo Almaguer as Director 4.a6

For For Elect Carmen Patricia Armendariz Guerra as Director

4.a7

For For Elect Clemente Ismael Reyes Retana Valdes as Director

4.a8

For For Elect Alfredo Elias Ayub as Director 4.a9

Vote Summary Report


Grupo Financiero Banorte SAB de CV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect Adrian Sada Cueva as Director 4.a10


For For Elect David Penaloza Alanis as Director 4.a11

For For Elect Jose Antonio Chedraui Eguia as Director 4.a12

Against For Elect Alfonso de Angoitia Noriega as Director 4.a13


For For Elect Thomas Stanley Heather Rodriguez as Director

4.a14

For For Elect Graciela Gonzalez Moreno as Alternate Director

4.a15

For For Elect Juan Antonio Gonzalez Marcos as Alternate Director

4.a16

For For Elect Alberto Halabe Hamui as Alternate Director

4.a17

For For Elect Gerardo Salazar Viezca as Alternate Director

4.a18

For For Elect Alberto Perez-Jacome Friscione as Alternate Director

4.a19

For For Elect Diego Martinez Rueda-Chapital as Alternate Director

4.a20

For For Elect Roberto Kelleher Vales as Alternate Director

4.a21

For For Elect Cecilia Goya de Riviello Meade as Alternate Director

4.a22

For For Elect Isaac Becker Kabacnik as Alternate Director

4.a23

For For Elect Jose Maria Garza Trevino as Alternate Director

4.a24

For For Elect Carlos Cesarman Kolteniuk as Alternate Director

4.a25

For For Elect Humberto Tafolla Nunez as Alternate Director

4.a26

For For Elect Guadalupe Phillips Margain as Alternate Director

4.a27

For For Elect Ricardo Maldonado Yanez as Alternate Director

4.a28

For For Elect Hector Avila Flores (Non-Member) as Board Secretary

4.b

For For Approve Directors Liability and Indemnification 4.c


Vote Summary Report


Grupo Financiero Banorte SAB de CV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Thomas Stanley Heather Rodriguez as Chairman of Audit and Corporate Practices Committee

6

For For Approve Report on Share Repurchase 7.1

For For Set Aggregate Nominal Amount of Share Repurchase Reserve

7.2


8

Grupo Financiero Banorte SAB de CV Meeting Date: 04/23/2021 Country: Mexico

Meeting Type: Special Ticker: GFNORTEO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Article 2; Approve Certification of the Company's Bylaws

For For

For For Approve Modifications of Sole Responsibility Agreement

2


3

Halyk Savings Bank of Kazakhstan JSC Meeting Date: 04/23/2021 Country: Kazakhstan

Meeting Type: Annual Ticker: HSBK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Meeting Agenda For For



For For Approve Board of Directors' Report 4

For For Approve Information on Remuneration of Management Board and Board of Directors

5

Vote Summary Report


Halyk Savings Bank of Kazakhstan JSC Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve New Edition of Methodology of Determination of Share Repurchase Price and Regulation of Share Repurchase

6

Voter Rationale: Not in line with shareholders’ interests.

For For Approve Results of Shareholders Appeals on Actions of Company and Its Officials

7

Hikma Pharmaceuticals Plc Meeting Date: 04/23/2021 Country: United Kingdom

Meeting Type: Annual Ticker: HIK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3


4

For For Elect Douglas Hurt as Director 5

For For Re-elect Said Darwazah as Director 6

For For Re-elect Siggi Olafsson as Director 7

For For Re-elect Mazen Darwazah as Director 8

For For Re-elect Patrick Butler as Director 9

For For Re-elect Ali Al-Husry as Director 10

For For Re-elect Dr Pamela Kirby as Director 11

For For Re-elect John Castellani as Director 12

For For Re-elect Nina Henderson as Director 13

For For Re-elect Cynthia Schwalm as Director 14





18

Vote Summary Report


Hikma Pharmaceuticals Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


19



21

Icade SA Meeting Date: 04/23/2021 Country: France

Meeting Type: Annual/Special Ticker: ICAD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3

For For Approve Stock Dividend Program 4


5

Against For Reelect Olivier Fabas as Director 6


Against For Reelect Olivier Mareuse as Director 7


Against For Ratify Appointment of Antoine Saintoyant as Director

8


Against For Ratify Appointment of Bernard Spitz as Director 9


Against For Reelect Bernard Spitz as Director 10




12

Vote Summary Report


Icade SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Remuneration Policy of CEO and/or Corporate Officers

13

Voter Rationale: Performance period of LTIP is less than three years as well as the lack of disclosure around the performance targets used.

For For Approve Compensation Report 14

For For Approve Compensation of Frederic Thomas, Chairman of the Board

15

Against For Approve Compensation of Olivier Wigniolle, CEO 16

Voter Rationale: Limited disclosure around the non-financial criteria which make up a large proportion of the award.


17


18


19


20

For For Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Under Item 20

21


22

Against For Authorize up to 1 Percent of Issued Capital for Use in Restricted Stock Plans

23

Voter Rationale: Lack of disclosure around the performance conditions used.


24

iFAST Corporation Ltd. Meeting Date: 04/23/2021 Country: Singapore

Meeting Type: Annual Ticker: AIY

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Elect Mark Rudolph Duncan as Director 2

Vote Summary Report


iFAST Corporation Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Toh Teng Peow David as Director 3

For For Elect Janice Wu Sung Sung as Director 4



For For Approve KPMG LLP as Auditors and Authorize Board to Fix Their Remuneration

7


8


Abstain For Approve Grant of Options and Issuance of Shares to Lim Chung Chun Under the iFast Employee Share Option Scheme

9

Voter Rationale: Directors eligible for grants are involved in administering the scheme.


Keppel Corporation Limited Meeting Date: 04/23/2021 Country: Singapore

Meeting Type: Annual Ticker: BN4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For Abstain

Voter Rationale: Some potential regulatory issues that need clarification.


For For Elect Jean-Francois Manzoni as Director 3



5


6


For For Approve Mandate for Interested Person Transactions

8

Vote Summary Report


Keppel REIT Meeting Date: 04/23/2021 Country: Singapore

Meeting Type: Annual Ticker: K71U

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve PricewaterhouseCoopers LLP as Auditors and Authorize Manager to Fix Their Remuneration

2

For For Elect Alan Rupert Nisbet as Director 3

For For Elect Mervyn Fong as Director 4


5



KKR Real Estate Finance Trust, Inc. Meeting Date: 04/23/2021 Country: USA

Meeting Type: Annual Ticker: KREF

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Terrance R. Ahern For Withhold


Withhold For Elect Director Irene M. Esteves 1.2


Withhold For Elect Director Todd A. Fisher 1.3


For For Elect Director Jonathan A. Langer 1.4

Withhold For Elect Director Christen E.J. Lee 1.5


For For Elect Director Paula Madoff 1.6

For For Elect Director Deborah H. McAneny 1.7

Vote Summary Report


KKR Real Estate Finance Trust, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Withhold For Elect Director Ralph F. Rosenberg 1.8



L3Harris Technologies, Inc. Meeting Date: 04/23/2021 Country: USA

Meeting Type: Annual Ticker: LHX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Sallie B. Bailey For For

For For Elect Director William M. Brown 1b

For For Elect Director Peter W. Chiarelli 1c

For For Elect Director Thomas A. Corcoran 1d

For For Elect Director Thomas A. Dattilo 1e

Against For Elect Director Roger B. Fradin 1f

Against For Elect Director Lewis Hay, III 1g

For For Elect Director Lewis Kramer 1h

For For Elect Director Christopher E. Kubasik 1i

For For Elect Director Rita S. Lane 1j

Against For Elect Director Robert B. Millard 1k

Against For Elect Director Lloyd W. Newton 1l


2


Leyard Optoelectronic Co., Ltd. Meeting Date: 04/23/2021 Country: China


Vote Summary Report


Leyard Optoelectronic Co., Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







For For Approve Remuneration Plan of Directors, Supervisors and Senior Management Members

7




Merck KGaA Meeting Date: 04/23/2021 Country: Germany

Meeting Type: Annual Ticker: MRK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Accept Financial Statements and Statutory Reports for Fiscal Year 2020

For For


3

For For Approve Discharge of Executive Board Fiscal Year 2020

4


5


For For Amend Articles Re: Supervisory Board Approval of Transactions with Related Parties

7


Voter Rationale: Concerns over both the stretch of the variable incentive awards as well as a lack of transparency around the KPIs to be used in the sustainability multiplier on the LTIP as of 2022.

Vote Summary Report


Merck KGaA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Approve Eleven Affiliation Agreements 10

Metso Outotec Oyj Meeting Date: 04/23/2021 Country: Finland

Meeting Type: Annual Ticker: MOCORP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


8



For For Approve Remuneration of Directors in the Amount of EUR 150,000 for Chairman, EUR 80,000 for Vice Chairman, and EUR 65,000 for Other Directors; Approve Meeting Fees; Approve Remuneration for Committee Work

11


For For Reelect Klaus Cawen (Vice Chair), Christer Gardell, Antti Makinen, Ian W. Pearce, Kari Stadigh (Chair), Emanuela Speranza and Arja Talma as Directors

13


For For Ratify Ernst & Young as Auditors 15



17

National Bank of Canada Meeting Date: 04/23/2021 Country: Canada

Meeting Type: Annual Ticker: NA

Vote Summary Report


National Bank of Canada

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Maryse Bertrand For For

For For Elect Director Pierre Blouin 1.2

For For Elect Director Pierre Boivin 1.3

For For Elect Director Manon Brouillette 1.4

For For Elect Director Yvon Charest 1.5

For For Elect Director Patricia Curadeau-Grou 1.6

For For Elect Director Laurent Ferreira 1.7

For For Elect Director Jean Houde 1.8

For For Elect Director Karen Kinsley 1.9

For For Elect Director Rebecca McKillican 1.10

For For Elect Director Robert Pare 1.11

For For Elect Director Lino A. Saputo 1.12

For For Elect Director Andree Savoie 1.13

For For Elect Director Macky Tall 1.14

For For Elect Director Pierre Thabet 1.15

For For Elect Director Louis Vachon 1.16


2

For For Ratify Deloitte LLP as Auditors 3

For For Re-approve Stock Option Plan 4

NOVATEK JSC Meeting Date: 04/23/2021 Country: Russia

Meeting Type: Annual Ticker: NVTK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Approve Annual Report, Financial Statements, and Allocation of Income

For For

For For Approve Dividends of RUB 23.74 per Share 1.2

Vote Summary Report


NOVATEK JSC Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against None Elect Arnaud Le Foll as Director 2.2

Voter Rationale: Focused votes on independent individuals.

For None Elect Robert Castaigne as Director 2.3

Against None Elect Dominique Marion as Director 2.4


For None Elect Tatiana Mitrova as Director 2.5

Against None Elect Leonid Mikhelson as Director 2.6


Against None Elect Aleksandr Natalenko as Director 2.7


For None Elect Viktor Orlov as Director 2.8

For For Elect Olga Beliaeva as Member of Audit Commission

3.1

For For Elect Anna Merzliakova as Member of Audit Commission

3.2

For For Elect Igor Riaskov as Member of Audit Commission

3.3

For For Elect Nikolai Shulikin as Member of Audit Commission

3.4

For For Ratify PricewaterhouseCoopers as Auditor 4

For For Approve Remuneration of Members of Audit Commission

6

Powszechna Kasa Oszczednosci Bank Polski SA Meeting Date: 04/23/2021 Country: Poland

Meeting Type: Special Ticker: PKO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Elect Meeting Chairman For For


For For Approve Allocation of Supplementary Capital to Special Fund to Cover Losses from Settlements on Mortgage Loan Agreements

5

Vote Summary Report


Powszechna Kasa Oszczednosci Bank Polski SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Authorize Share Repurchase Program; Approve Creation of Reserve Capital for Purposes of Share Repurchase Program

6

PPD, Inc. Meeting Date: 04/23/2021 Country: USA

Meeting Type: Annual Ticker: PPD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Stephen Ensley For For

For For Elect Director Maria Teresa Hilado 1.2

For For Elect Director David Simmons 1.3


2


For For Ratify Deloitte & Touche as Auditors 4

Renault SA Meeting Date: 04/23/2021 Country: France

Meeting Type: Annual/Special Ticker: RNO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2

For For Approve Treatment of Losses 3

For For Receive Auditor's Special Reports Re: Remuneration of Redeemable Shares

4


5

For For Reelect Yu Serizawa as Director 6

Vote Summary Report


Renault SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Thomas Courbe as Director 7

For For Reelect Miriem Bensalah Chaqroun as Director 8

For For Reelect Marie-Annick Darmaillac as Director 9

For For Elect Bernard Delpit as Director 10

For For Elect Frederic Mazzella as Director 11

For For Elect Noel Desgrippes as Representative of Employee Shareholders to the Board

12


For For Approve Compensation of Jean-Dominique Senard, Chairman of the Board

14

For For Approve Compensation of Luca de Meo, CEO 15

For For Approve Compensation of Clotilde Delbos, Interim-CEO

16

For For Approve Remuneration Policy of of Chairman of the Board

17




20


21


22

Sany Heavy Industry Co., Ltd. Meeting Date: 04/23/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction






Vote Summary Report


Sany Heavy Industry Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Remuneration Assessment Plan of Directors and Supervisors

6


For For Approve Daily Related Party Transaction 8

Against For Approve Related Party Transaction in Connection to Establishment of Sanyi Jinpiao Supply Chain Collective Fund Trust Plan

9



For For Approve Financial Derivates Business 11

For For Approve Use of Idle Own Funds for Financial Products

12


Sberbank Russia PJSC Meeting Date: 04/23/2021 Country: Russia

Meeting Type: Annual Ticker: SBER

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Annual Report For For

For For Approve Allocation of Income and Dividends of RUB 18.70 per Ordinary Share and RUB 18.70 per Preferred Share

2

For For Ratify PricewaterhouseCoopers as Auditor 3

For None Elect Esko Tapani Aho as Director 4.1

For None Elect Natalie Alexandra Braginsky Mounier as Director

4.2

For None Elect Herman Gref as Director 4.3

For None Elect Bella Zlatkis as Director 4.4

Against None Elect Sergei Ignatev as Director 4.5

Voter Rationale: Cumulative voting - non independent non exec

Against None Elect Mikhail Kovalchuk as Director 4.6


Vote Summary Report


Sberbank Russia PJSC Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against None Elect Vladimir Kolychev as Director 4.7


For None Elect Nikolai Kudriavtsev as Director 4.8

For None Elect Aleksandr Kuleshov as Director 4.9

For None Elect Gennadii Melikian as Director 4.10

Against None Elect Maksim Oreshkin as Director 4.11


Against None Elect Anton Siluanov as Director 4.12


Against None Elect Dmitrii Chernyshenko as Director 4.13


For None Elect Nadya Wells as Director 4.14

For For Approve New Edition of Charter 5

For For Approve Related-Party Transaction Re: Liability Insurance for Directors, Executives, and Company

6


For For Amend Regulations on Remuneration of Directors

8

Senior Plc Meeting Date: 04/23/2021 Country: United Kingdom

Meeting Type: Annual Ticker: SNR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Voter Rationale: As the company has links to a schroders board member, we have voted in line with our conflicts policy to follow 3rd party recommendation.


Voter Rationale: As the company has links to a schroders board member, we have voted in line with our conflicts policy to follow 3rd party recommendation.

For For Re-elect Ian King as Director 4

Vote Summary Report


Senior Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Celia Baxter as Director 5

For For Re-elect Susan Brennan as Director 6

For For Re-elect Bindi Foyle as Director 7

For For Re-elect Giles Kerr as Director 8

For For Re-elect Rajiv Sharma as Director 9

For For Re-elect David Squires as Director 10





14



16


SKSHU Paint Co., Ltd. Meeting Date: 04/23/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Company's Eligibility for Private Placement of Shares

For For




2.3



For For Approve the Scale and Use of Raised Funds 2.6


Vote Summary Report


SKSHU Paint Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



2.9


For For Approve Plan on Private Placement of Shares 3


4


5

For For Approve Impact of Dilution of Current Returns on Major Financial Indicators, the Relevant Measures to be Taken and Commitment from Relevant Parties

6

For For Approve Formulation of Shareholder Return Plan 7


8

For For Approve to Adjust the Implementation Content of the High-tech Materials Comprehensive Industrial Park Project

9

For For Amend the Administrative Measures on the Use of Raised Funds

10

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Company's Eligibility for Private Placement of Shares

1




2.3



For For Approve the Scale and Use of Raised Funds 2.6




2.9

Vote Summary Report


SKSHU Paint Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Approve Plan on Private Placement of Shares 3


4


5

For For Approve Impact of Dilution of Current Returns on Major Financial Indicators, the Relevant Measures to be Taken and Commitment from Relevant Parties

6



8

For For Approve to Adjust the Implementation Content of the High-tech Materials Comprehensive Industrial Park Project

9

For For Amend the Administrative Measures on the Use of Raised Funds

10

Sociedad Quimica y Minera de Chile SA Meeting Date: 04/23/2021 Country: Chile

Meeting Type: Annual Ticker: SQM.B

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Designate Auditors 2


For For Designate Account Inspectors 4

For For Approve Investment Policy 5

For For Approve Financing Policy 6


For For Approve Remuneration of Board of Directors and Board Committees

8



Vote Summary Report


Swiss Life Holding AG Meeting Date: 04/23/2021 Country: Switzerland

Meeting Type: Annual Ticker: SLHN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Voter Rationale: Discretionary adjustments have again been applied and the variable compensation (STI + LTI) was increased to 138 percent of base salary for the CEO, without providing a detailed rationale.


2


Against For Approve Fixed Remuneration of Directors in the Amount of CHF 3.2 Million

4.1

Voter Rationale: Based on the Chairman's contribution and compared to peers we believe his pay is excessive. Moreover, proposed total remuneration remains the same despite one director less.


4.2

For For Approve Fixed and Long-Term Variable Remuneration of Executive Committee in the Amount of CHF 13.8 Million

4.3

Against For Reelect Rolf Doerig as Director and Board Chairman

5.1

Voter Rationale: Not supportive due to poor track record. Mr Doerig is a former CEO and has been with Chairman for 12 years andwe feel there needs to be refreshment

For For Reelect Thomas Buess as Director 5.2

For For Reelect Adrienne Fumagalli as Director 5.3

For For Reelect Ueli Dietiker as Director 5.4

For For Reelect Damir Filipovic as Director 5.5

For For Reelect Frank Keuper as Director 5.6


For For Reelect Henry Peter as Director 5.8

For For Reelect Martin Schmid as Director 5.9

For For Reelect Franziska Sauber as Director 5.10

Against For Reelect Klaus Tschuetscher as Director 5.11


Vote Summary Report


Swiss Life Holding AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Appoint Martin Schmid as Member of the Compensation Committee

5.12

For For Reappoint Franziska Sauber as Member of the Compensation Committee

5.13

For For Reappoint Klaus Tschuetscher as Member of the Compensation Committee

5.14

For For Designate Andreas Zuercher as Independent Proxy

6



8



Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


1.1


Voter Rationale: Discretionary adjustments have again been applied and the variable compensation (STI + LTI) was increased to 138 percent of base salary for the CEO, without providing a detailed rationale.


2



4.1

Voter Rationale: Based on the Chairman's contribution and compared to peers we believe his pay is excessive. Moreover, proposed total remuneration remains the same despite one director less.


4.2

For For Approve Fixed and Long-Term Variable Remuneration of Executive Committee in the Amount of CHF 13.8 Million

4.3

Against For Reelect Rolf Doerig as Director and Board Chairman

5.1

Voter Rationale: Not supportive due to poor track record. Mr Doerig is a former CEO and has been with Chairman for 12 years andwe feel there needs to be refreshment

Against For Reelect Thomas Buess as Director 5.2

Vote Summary Report


Swiss Life Holding AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Adrienne Fumagalli as Director 5.3

For For Reelect Ueli Dietiker as Director 5.4

For For Reelect Damir Filipovic as Director 5.5

For For Reelect Frank Keuper as Director 5.6


For For Reelect Henry Peter as Director 5.8

For For Reelect Martin Schmid as Director 5.9

For For Reelect Franziska Sauber as Director 5.10

Against For Reelect Klaus Tschuetscher as Director 5.11


For For Appoint Martin Schmid as Member of the Compensation Committee

5.12

For For Reappoint Franziska Sauber as Member of the Compensation Committee

5.13

For For Reappoint Klaus Tschuetscher as Member of the Compensation Committee

5.14

For For Designate Andreas Zuercher as Independent Proxy

6



8



Swiss Life Holding AG Meeting Date: 04/23/2021 Country: Switzerland

Meeting Type: Annual Ticker: SLHN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Vote Summary Report


UOL Group Limited Meeting Date: 04/23/2021 Country: Singapore

Meeting Type: Annual Ticker: U14

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve First and Final Dividend 2


For For Elect Wee Cho Yaw as Director 4

For For Elect Wee Ee-chao as Director 5

For For Elect Sim Hwee Cher as Director 6


7

For For Elect Lau Cheng Soon as Director 8

Abstain For Approve Grant of Options and Issuance of Shares Under the UOL 2012 Share Option Scheme

9

Voter Rationale: Lack of performance criteria and meaningful vesting periods.


10



Fastenal Company Meeting Date: 04/24/2021 Country: USA

Meeting Type: Annual Ticker: FAST

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Scott A. Satterlee For For

For For Elect Director Michael J. Ancius 1b

For For Elect Director Stephen L. Eastman 1c

For For Elect Director Daniel L. Florness 1d

For For Elect Director Rita J. Heise 1e

Vote Summary Report


Fastenal Company Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Hsenghung Sam Hsu 1f

For For Elect Director Daniel L. Johnson 1g

For For Elect Director Nicholas J. Lundquist 1h

For For Elect Director Reyne K. Wisecup 1i




3

Voter Rationale: Lack of performance-based equity.

Vietnam Technological & Commercial Joint Stock Bank Meeting Date: 04/24/2021 Country: Vietnam

Meeting Type: Annual Ticker: TCB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Report on Business Performance of Financial Year 2020 and Business Plan for Financial Year 2021, Including Remuneration Budget for Board of Directors and Supervisory Board in Financial Year 2021

For For

For For Approve Report of Board of Directors for Financial Year 2020

2

For For Approve Report of Supervisory Board for Financial Year 2020

3



5

For For Approve Regulations on Operation of Supervisory Board

6

For For Approve Income Allocation, Appropriations and Non-Payment of Dividend of Financial Year 2020

7


For For Amend Corporate Governance Regulations 9


10

Vote Summary Report


Vietnam Technological & Commercial Joint Stock Bank Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Amend Employee Stock Ownership Plan and Issuance of Shares to Employees under the Employee Stock Ownership Plan and Related Matters

11

Voter Rationale: Plan permits stock options to be issued with an exercise price at a discount.

For For Approve Election of Director 12.1

For For Approve Composition of Board of Directors After Election

12.2

For For Approve Nominee for Election 12.3

For For Elect Ho Anh Ngoc as Director 13




Meeting Type: Special Ticker: AGK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1A Approve Recommended Cash Acquisition of Aggreko plc by Albion Acquisitions Limited

For For

For For Amend Articles of Association 1B


Meeting Type: Court Ticker: AGK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Vote Summary Report


America Movil SAB de CV Meeting Date: 04/26/2021 Country: Mexico

Meeting Type: Special Ticker: AMXL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect or Ratify Pablo Roberto Gonzalez Guajardo as Director for Series L Shareholders

For Against


Against For Elect or Ratify David Ibarra Munoz as Director for Series L Shareholders

1.2



2



Meeting Type: Annual Ticker: AMXL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Approve CEO and Auditors' Report on Operations and Results and Board's Opinion on CEO and Auditors' Report

For For

For For Approve Board's Report on Principal Policies and Accounting Criteria Followed in Preparation of Financial Information

1.2

For For Approve Report on Activities and Operations Undertaken by Board

1.3

For For Approve Audit and Corporate Practices Committee's Report on their Activities

1.4

For For Approve Consolidated Financial Statements, Allocation of Income and Dividends

1.5

For For Approve Report on Repurchased Shares Reserve 1.6

For For Approve Discharge of Board and CEO 2.1

For For Elect or Ratify Carlos Slim Domit as Board Chairman

2.2a

Vote Summary Report


America Movil SAB de CV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect or Ratify Patrick Slim Domit as Vice-Chairman

2.2b

Voter Rationale: Non-independent member of the audit committee.

For For Elect or Ratify Antonio Cosio Pando as Director 2.2c

Against For Elect or Ratify Arturo Elias Ayub as Director 2.2d


For For Elect or Ratify Daniel Hajj Aboumrad as Director 2.2e

Against For Elect or Ratify Vanessa Hajj Slim as Director 2.2f


For For Elect or Ratify Rafael Moises Kalach Mizrahi as Director

2.2g

For For Elect or Ratify Francisco Medina Chavez as Director

2.2h

Against For Elect or Ratify Luis Alejandro Soberon Kuri as Director

2.2i


Against For Elect or Ratify Ernesto Vega Velasco as Director 2.2j

Voter Rationale: Non-independent chair of the audit committee.

For For Elect or Ratify Oscar Von Hauske Solis as Director

2.2k

For For Elect or Ratify Alejandro Cantu Jimenez as Secretary (Non-Member) of Board

2.2l

For For Elect or Ratify Rafael Robles Miaja as Deputy Secretary (Non-Member) of Board

2.2m


For For Approve Discharge of Executive Committee 3.1

For For Elect or Ratify Carlos Slim Domit as Chairman of Executive Committee

3.2a

For For Elect or Ratify Patrick Slim Domit as Member of Executive Committee

3.2b

For For Elect or Ratify Daniel Hajj Aboumrad as Member of Executive Committee

3.2c

For For Approve Remuneration of Executive Committee 3.3

For For Approve Discharge of Audit and Corporate Practices Committee

4.1

For For Elect or Ratify Ernesto Vega Velasco as Chairman of Audit and Corporate Practices Committee

4.2a

Vote Summary Report


America Movil SAB de CV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect or Ratify Pablo Roberto Gonzalez Guajardo as Member of Audit and Corporate Practices Committee

4.2b


For For Elect or Ratify Rafael Moises Kalach Mizrahi as Member of Audit and Corporate Practices Committee

4.2c

For For Approve Remuneration of Members of Audit and Corporate Practices Committee

4.3

For For Set Amount of Share Repurchase Reserve 5


6


Meeting Type: Special Ticker: AMXL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect or Ratify Pablo Roberto Gonzalez Guajardo as Director for Series L Shareholders

For Against


Against For Elect or Ratify David Ibarra Munoz as Director for Series L Shareholders

1.2



2


Assicurazioni Generali SpA Meeting Date: 04/26/2021 Country: Italy

Meeting Type: Annual/Special Ticker: G

Vote Summary Report


Assicurazioni Generali SpA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Amend Company Bylaws Re: Articles 8.1, 8.4, 8.5, 8.6, and 8.7

2a

For For Amend Company Bylaws Re: Article 9.1 2b



3b

Voter Rationale: Poor disclosure on the adjustments made to financial metrics in 2020 so unable to assess pay for performance alignment.

For For Approve Group Long Term Incentive Plan 4a

For For Authorize Share Repurchase Program and Reissuance of Repurchased Shares to Service Group Long Term Incentive Plan

4b

For For Authorize Board to Increase Capital to Service Group Long Term Incentive Plan

4c

BR Properties SA Meeting Date: 04/26/2021 Country: Brazil

Meeting Type: Annual Ticker: BRPR3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Elect Felipe Francisco Romano as Director 4

Against For Re-Ratify Remuneration of Company's Management Approved at the April 24, 2020 AGM

5

Voter Rationale: Huge increase to global remuneration cap with no rationale provided.


6

Voter Rationale: Huge increase to global remuneration cap with no rationale provided.

Vote Summary Report


BR Properties SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


7


8

BR Properties SA Meeting Date: 04/26/2021 Country: Brazil

Meeting Type: Special Ticker: BRPR3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Agreement to Absorb BRPR PDC 1 Empreendimentos e Participacoes Ltda. and BRPR PDC 2 Empreendimentos e Participacoes Ltda.

For For

For For Ratify APSIS Consultoria e Avaliacoes Ltda. as Independent Firm to Appraise Proposed Transaction

2

For For Approve Independent Firm's Appraisal 3

For For Approve Absorption of BRPR PDC 1 Empreendimentos e Participacoes Ltda. and BRPR PDC 2 Empreendimentos e Participacoes Ltda.

4


5


6


7

Crane Co. Meeting Date: 04/26/2021 Country: USA

Meeting Type: Annual Ticker: CR

Vote Summary Report


Crane Co.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Martin R. Benante For For

For For Elect Director Donald G. Cook 1.2

For For Elect Director Michael Dinkins 1.3

For For Elect Director Ronald C. Lindsay 1.4

For For Elect Director Ellen McClain 1.5

For For Elect Director Charles G. McClure, Jr. 1.6

For For Elect Director Max H. Mitchell 1.7

For For Elect Director Jennifer M. Pollino 1.8

For For Elect Director John S. Stroup 1.9

For For Elect Director James L. L. Tullis 1.10




3


ERG SpA Meeting Date: 04/26/2021 Country: Italy

Meeting Type: Annual Ticker: ERG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



Against None Slate 1 Submitted by San Quirico SpA 3.2.1

Voter Rationale: Supportive of slate 2


3.2.2

Vote Summary Report


ERG SpA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against None Elect Edoardo Garrone as Board Chair 3.3

Voter Rationale: Overboarding concerns

For None Approve Remuneration of Directors 3.4

For None Approve Remuneration of Control and Risk Committee Members

3.5

For None Approve Remuneration of Nominations and Remuneration Committee Members

3.6


4

Voter Rationale: The maximum volume exceeds 10%.

Against For Approve Long Term Incentive Plan 5

Voter Rationale: Performance targets are not disclosed so shareholders are unable to assess the stringency of the plan.



6.2

Voter Rationale: Lack of disclosure so unable to assess pay for performance alignment.


A

Voter Rationale: No legal action presented at the time of voting

Hangzhou First Applied Material Co., Ltd. Meeting Date: 04/26/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Completion of Projects Invested by Raised Funds and Use of Excess Raised Funds to Replenish Working Capital

For For

Hostelworld Group Plc Meeting Date: 04/26/2021 Country: United Kingdom

Meeting Type: Annual Ticker: HSW

Vote Summary Report


Hostelworld Group Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Voter Rationale: Retention awards being payed to executives which is not in line with best practice

For For Re-elect Michael Cawley as Director 3

Against For Re-elect Carl Shepherd as Director 4

Voter Rationale: Poor remuneration as the head of the remuneration committee.

For For Re-elect Eimear Moloney as Director 5

For For Re-elect Gary Morrison as Director 6

For For Re-elect Evan Cohen as Director 7

For For Re-elect Caroline Sherry as Director 8

For For Reappoint Deloitte Ireland LLP as Auditors 9




12



14


15

Hostelworld Group Plc Meeting Date: 04/26/2021 Country: United Kingdom

Meeting Type: Special Ticker: HSW

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Amendments to the Remuneration Policy

For Against

Voter Rationale: One off retention award not in shareholders best interests

Vote Summary Report


Hostelworld Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Amend Long Term Incentive Plan 2

Voter Rationale: One off retention award not in shareholders best interests

Hypera SA Meeting Date: 04/26/2021 Country: Brazil

Meeting Type: Special Ticker: HYPE3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




Hypera SA Meeting Date: 04/26/2021 Country: Brazil

Meeting Type: Annual Ticker: HYPE3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For Against

Voter Rationale: Egregious governance practices found by independent committee.



3




Voter Rationale: Lack of independence on the board as well as individuals remaining on the board who may have been involved with corruption practices.

Vote Summary Report


Hypera SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


6


Abstain None In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees of the Proposed Slate?

7



8


9


10

ING Groep NV Meeting Date: 04/26/2021 Country: Netherlands

Meeting Type: Annual Ticker: INGA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2D Approve Remuneration Report For For


2E

For For Approve Dividends of EUR 0.12 Per Share 3B

For For Approve Discharge of Executive Board 4A

For For Approve Discharge of Supervisory Board 4B

For For Approve Increase Maximum Ratio Between Fixed and Variable Components of Remuneration

5

For For Amend Articles Re: Implementation of the Dutch Management and Supervision of Legal Entities Act

6

For For Reelect Steven van Rijswijk to Executive Board 7A

For For Elect Ljiljana Cortan to Executive Board 7B

Vote Summary Report


ING Groep NV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Hans Wijers to Supervisory Board 8A

For For Reelect Margarete Haase to Supervisory Board 8B

For For Elect Lodewijk Hijmans van den Bergh to Supervisory Board

8C

For For Grant Board Authority to Issue Shares 9A

For For Grant Board Authority to Issue Shares Up To 10 Percent of Issued Capital and Restricting/Excluding Preemptive Rights

9B


10

M.D.C. Holdings, Inc. Meeting Date: 04/26/2021 Country: USA

Meeting Type: Annual Ticker: MDC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Raymond T. Baker For Withhold

Voter Rationale: Lack of rationale for high director pay.

For For Elect Director David E. Blackford 1.2

For For Elect Director Courtney L. Mizel 1.3


2



Medlab Clinical Ltd. Meeting Date: 04/26/2021 Country: Australia

Meeting Type: Special Ticker: MDC

Vote Summary Report


Medlab Clinical Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Ratify Past Issuance of Tranche 1 Shares to Existing Shareholders and Sophisticated and Professional Investors

For For

For For Approve Issuance of Tranche 2 Shares to Existing Shareholders and Sophisticated and Professional Investors

2

MERLIN Properties SOCIMI SA Meeting Date: 04/26/2021 Country: Spain

Meeting Type: Annual Ticker: MRL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Approve Standalone Financial Statements For For

For For Approve Consolidated Financial Statements 1.2


For For Approve Application of Reserves to Offset Losses

2.2

For For Approve Dividends Charged Against Reserves 2.3


For For Renew Appointment of Deloitte as Auditor 4

For For Fix Number of Directors at 13 5.1

For For Reelect Javier Garcia-Carranza Benjumea as Director

5.2

For For Reelect Francisca Ortega Fernandez-Agero as Director

5.3

For For Reelect Pilar Cavero Mestre as Director 5.4

For For Reelect Juan Maria Aguirre Gonzalo as Director 5.5

For For Amend Remuneration Policy 6

For For Approve Extraordinary Incentive for Executive Directors

7



9.1

Vote Summary Report


MERLIN Properties SOCIMI SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Amend Article 34 Re: Board 9.2


10.1

For For Amend Article 7 of General Meeting Regulations Re: Shareholders' Right to Information

10.2


10.3

For For Authorize Company to Call EGM with 15 Days' Notice

11


12

Notre Dame Intermedica Participacoes SA Meeting Date: 04/26/2021 Country: Brazil

Meeting Type: Annual Ticker: GNDI3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3

Voter Rationale: Lack of transparency so unable to accurately assess pay for performance alignment.



5



6


Vote Summary Report


Notre Dame Intermedica Participacoes SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


8



9

Voter Rationale: Lack of disclosure around a cumulative voting request.

Abstain None Percentage of Votes to Be Assigned - Elect Christopher Riley Gordon as Board Chairman

10.1


Abstain None Percentage of Votes to Be Assigned - Elect Irlau Machado Filho as Director

10.2


Abstain None Percentage of Votes to Be Assigned - Elect Michel David Freund as Director

10.3


Abstain None Percentage of Votes to Be Assigned - Elect T. Devin O'Reilly as Director

10.4


Abstain None Percentage of Votes to Be Assigned - Elect Jose Luiz Teixeira Rossi as Independent Director

10.5


Abstain None Percentage of Votes to Be Assigned - Elect Plinio Villares Musetti as Independent Director

10.6


Abstain None Percentage of Votes to Be Assigned - Elect Ana Paula de Assis Bogus as Independent Director

10.7



11

For For Elect Sergio Vicente Bicicchi as Fiscal Council Member and Anna Carolina Morizot as Alternate

12.1

Abstain For Elect Adalgiso Fragoso de Faria as Fiscal Council Member and Stefan Colza Lee as Alternate

12.2

Voter Rationale: Supportive of item 12.1

For For Elect Adelino Dias Pinho as Fiscal Council Member and Olavo Fortes Campos Rodrigues Junior as Alternate

12.3

Vote Summary Report


Notre Dame Intermedica Participacoes SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Joao Verner Juenemann as Fiscal Council Member and Geraldo Affonso Ferreira Filho as Alternate

12.4


13

Notre Dame Intermedica Participacoes SA Meeting Date: 04/26/2021 Country: Brazil

Meeting Type: Special Ticker: GNDI3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



2

ORIOR AG Meeting Date: 04/26/2021 Country: Switzerland

Meeting Type: Annual Ticker: ORON

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3


4

For For Reelect Rolf Sutter as Director and Board Chairman

5.1.1

For For Reelect Markus Neuhaus as Director 5.1.2

For For Reelect Monika Friedli-Walser as Director 5.1.3

Vote Summary Report


ORIOR AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Walter Luethi as Director 5.1.4

For For Reelect Monika Schuepbach as Director 5.1.5

For For Reelect Markus Voegeli as Director 5.1.6

For For Reappoint Monika Friedli-Walser as Member of the Compensation Committee

5.2.1

For For Reappoint Rolf Sutter as Member of the Compensation Committee

5.2.2

For For Reappoint Walter Luethi as Member of the Compensation Committee

5.2.3


For For Designate Rene Schwarzenbach as Independent Proxy

5.4

For For Amend Articles Re: Long Term Incentive Plan for Executive Committee

6


7.1


7.2


7.3

For For Approve Long-Term Variable Remuneration of Executive Committee in the Amount of CHF 500,000

7.4



ORIOR AG Meeting Date: 04/26/2021 Country: Switzerland

Meeting Type: Annual Ticker: ORON

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Polymetal International Plc Meeting Date: 04/26/2021 Country: Jersey

Meeting Type: Annual Ticker: POLY

Vote Summary Report


Polymetal International Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Ian Cockerill as Director 4

For For Re-elect Vitaly Nesis as Director 5

For For Re-elect Manuel (Ollie) De Sousa-Oliveira as Director

6

For For Re-elect Konstantin Yanakov as Director 7

For For Re-elect Giacomo Baizini as Director 8

For For Re-elect Tracey Kerr as Director 9

For For Re-elect Italia Boninelli as Director 10

For For Re-elect Victor Flores as Director 11

For For Re-elect Andrea Abt as Director 12





16


17


Public Storage Meeting Date: 04/26/2021 Country: USA

Meeting Type: Annual Ticker: PSA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Ronald L. Havner, Jr. For For

Vote Summary Report


Public Storage Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Tamara Hughes Gustavson 1b

For For Elect Director Leslie S. Heisz 1c

For For Elect Director Michelle (Meka) Millstone-Shroff 1d

For For Elect Director Shankh S. Mitra 1e

For For Elect Director David J. Neithercut 1f

For For Elect Director Rebecca Owen 1g

For For Elect Director Kristy M. Pipes 1h

For For Elect Director Avedick B. Poladian 1i

For For Elect Director John Reyes 1j

For For Elect Director Joseph D. Russell, Jr. 1k

For For Elect Director Tariq M. Shaukat 1l

For For Elect Director Ronald P. Spogli 1m

For For Elect Director Paul S. Williams 1n


2




For For Eliminate Cumulative Voting 5

Raffles Medical Group Ltd. Meeting Date: 04/26/2021 Country: Singapore

Meeting Type: Annual Ticker: BSL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Elect Lew Yoong Keong Allen as Director 4

For For Elect Tan Soo Nan as Director 5

Vote Summary Report


Raffles Medical Group Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Olivier Lim Tse Ghow as Director 6

Against For Elect Sarah Lu Qinghui as Director 7

Voter Rationale: The nominee is an executive director and serves on the remuneration committee.


8


9


Against For Approve Issuance of Shares Under the Raffles Medical Group Share-Based Incentive Schemes

10

Voter Rationale: The directors eligible to receive options under the Schemes are involved in the administration of the Schemes.


For For Approve Issuance of Shares Pursuant to the Raffles Medical Group Ltd Scrip Dividend Scheme

12

Against For Approve Proposed Amendments to the Raffles Medical Group (2020) Performance Share Plan

13


Against For Approve Proposed Amendments to the Raffles Medical Group (2020) Share Option Scheme

14


Against For Approve Proposed Participation of Sarah Lu Qinghui in the Amended Raffles Medical Group (2020) Performance Share Plan

15


Against For Approve Proposed Participation of Sarah Lu Qinghui in the Amended Raffles Medical Group (2020) Share Option Scheme

16


Against For Approve Grant of Awards to Sarah Lu Qinghui Under the Amended Raffles Medical Group (2020) Performance Share Plan

17


Against For Approve Grant of Option to Sarah Lu Qinghui Under the Amended Raffles Medical Group (2020) Share Option Scheme

18


Vote Summary Report


Raytheon Technologies Corporation Meeting Date: 04/26/2021 Country: USA

Meeting Type: Annual Ticker: RTX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Tracy A. Atkinson For For

For For Elect Director Gregory J. Hayes 1b

For For Elect Director Thomas A. Kennedy 1c

For For Elect Director Marshall O. Larsen 1d

For For Elect Director George R. Oliver 1e

For For Elect Director Robert K. (Kelly) Ortberg 1f

For For Elect Director Margaret L. O'Sullivan 1g

For For Elect Director Dinesh C. Paliwal 1h

For For Elect Director Ellen M. Pawlikowski 1i

For For Elect Director Denise L. Ramos 1j

For For Elect Director Fredric G. Reynolds 1k

For For Elect Director Brian C. Rogers 1l

For For Elect Director James A. Winnefeld, Jr. 1m

Against For Elect Director Robert O. Work 1n

Voter Rationale: Lack of responsiveness to a majority supported shareholder proposal at the 2020 AGM.


2



For For Approve Executive Incentive Bonus Plan 4



Voter Rationale: This proposal would improve the company's existing proxy access right for shareholders.

Reply SpA Meeting Date: 04/26/2021 Country: Italy

Meeting Type: Annual/Special Ticker: REY

Vote Summary Report


Reply SpA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Fix Number of Directors and Duration of Their Term

2a

Against None Slate Submitted by Alika Srl 2b.1



2b.2

Against None Elect Board Chair 2c

Voter Rationale: Joint CEO/Chair with no Lead Independent Director.

For For Approve Remuneration of Directors 2d

Against None Slate Submitted by Alika Srl 3a.1



3a.2

For For Approve Internal Auditors' Remuneration 3b


4

Voter Rationale: Repurchase limit exceeds 10% of outstanding capital.


5

For For Approve Issuance of Shares to Be Subscribed through a Contribution in Kind; Amend Articles of Association Re: Article 5

6


A


Riverstone Holdings Limited Meeting Date: 04/26/2021 Country: Singapore

Meeting Type: Annual Ticker: AP4

Vote Summary Report


Riverstone Holdings Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Special Dividend and Final Dividend 2

Against For Elect Lee Wai Keong as Director 3

For For Elect Yoong Kah Yin as Director 4

Against For Elect Lim Jun Xiong Steven as Director 5



7


8

Saudi Telecom Co. Meeting Date: 04/26/2021 Country: Saudi Arabia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Board Report on Company Operations for FY 2020

For For


2


3

For For Amend Article 17 of Bylaws Re: Board of Director

4

Abstain None Elect Talal Al Moammar as Director 5.1

Abstain None Elect Yassir Al Harbi as Director 5.2

Abstain None Elect Thamir Al Wadee as Director 5.3

Abstain None Elect Sultan Garamish as Director 5.4

Abstain None Elect Mohammed Al Ghamdi as Director 5.5

Abstain None Elect Ahmed Murad as Director 5.6

Abstain None Elect Abdullah Al Haseeni as Director 5.7

Vote Summary Report


Saudi Telecom Co. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Abstain None Elect Mohammed Al Nahas as Director 5.8

Abstain None Elect Amr Kurdi as Director 5.9

Abstain None Elect Ahmed Khogeer as Director 5.10

Abstain None Elect Ahmed Al Omran as Director 5.11

Abstain None Elect Fahad Al Shueibi as Director 5.12

Abstain None Elect Mujtaba Al Khaneezi as Director 5.13

Abstain None Elect Fahad Al Huweimani as Director 5.14

Abstain None Elect Abdullah Al Sheikh as Director 5.15

Abstain None Elect Nabeel Koshak as Director 5.16

Abstain None Elect Abdullah Abou Al Kheir as Director 5.17

Abstain None Elect Riyadh Najm as Director 5.18

Abstain None Elect Majid Al Suweigh as Director 5.19

Abstain None Elect Mohammed Al Feisal as Director 5.20

Abstain None Elect Waleed Shukri as Director 5.21

Abstain None Elect Hussam Al Suweilim as Director 5.22

Abstain None Elect Huda Al Ghoson as Director 5.23

Abstain None Elect Abdullah Al Aboudi as Director 5.24

Abstain None Elect Salman Al kahldi as Director 5.25

Abstain None Elect Sara Al Suheimi as Director 5.26

Abstain None Elect Bassim Al Saloum as Director 5.27

Abstain None Elect Abdulazeez Abdulwahab as Director 5.28

Abstain None Elect Sanjay Kapoor as Director 5.29

Abstain None Elect Khalid Biyari as Director 5.30

Abstain None Elect Arndt Rautenberg as Director 5.31

Abstain None Elect Rania Nashar as Director 5.32

Abstain None Elect Yazeed Al Hameed as Director 5.33

Abstain None Elect Jameel Al Milhim as Director 5.34

Abstain None Elect Oussama Al Khiyari as Director 5.35


6

Vote Summary Report


Saudi Telecom Co. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Additional Dividends of SAR 1 per Share for FY 2020 and the Total of Dividend will be SAR 5 per Share for FY 2020

7

For For Approve Authorization of the Board Regarding Future Related Party Transactions According to Article 71 of the Companies Law

8

For For Approve Related Party Transactions Re: Masdr Company

9


10

SITC International Holdings Company Limited Meeting Date: 04/26/2021 Country: Cayman Islands


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Yang Xianxiang as Director 3

For For Elect Liu Kecheng as Director 4

For For Elect Liu Ka Ying, Rebecca as Director 5

For For Elect Tse Siu Ngan as Director 6

For For Elect Hu Mantian as Director 7

For For Elect Yang Xin as Director 8


9

For For Approve Ernst & Young as Auditors and Authorize Board to Fix Their Remuneration

10



12



Voter Rationale: Discount limit not specified.

Vote Summary Report


Ulker Biskuvi Sanayi AS Meeting Date: 04/26/2021 Country: Turkey

Meeting Type: Annual Ticker: ULKER

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2






Voter Rationale: Proposed board fees are not disclosed.



Against For Approve Upper Limit of Donations for 2021 and Receive Information on Donations Made in 2020

10



12

Vietnam Dairy Products Corp. Meeting Date: 04/26/2021 Country: Vietnam

Meeting Type: Annual Ticker: VNM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Meeting Agenda For For

For For Approve Vote-Counting Committee 2


3

For For Approve Report of Board of Directors 4

Vote Summary Report


Vietnam Dairy Products Corp. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Dividend of Financial Year 2020 5

For For Approve Target for Revenue and Profit for Financial Year 2021

6

For For Approve Expected Dividends of Financial Year 2021

7


For For Approve Remuneration of Board of Directors in Financial Year 2021

9

For For Amend Charter 10

For For Approve Corporate Governance Regulations 11


12

For For Dismiss Nguyen Ba Duong as Director 13

For For Dismiss Nguyen Thi Tham as Director 14

For For Elect Tieu Yen Trinh as Independent Director 15.1

For For Elect Hoang Ngoc Thach as Independent Director

15.2

For For Approve Meeting Resolutions 16



Aena S.M.E. SA Meeting Date: 04/27/2021 Country: Spain

Meeting Type: Annual Ticker: AENA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Standalone Financial Statements For For





For For Ratify Appointment of and Elect Juan Rio Cortes as Director

6

Vote Summary Report


Aena S.M.E. SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


7.1

For For Amend Articles Re: Board Competences and Board Committees

7.2

For For Amend Articles Re: Board Committees, Remuneration and Climate Action Plan

7.3


8


For For Advisory Vote on Company's Climate Action Plan 10


11

Alfa Laval AB Meeting Date: 04/27/2021 Country: Sweden

Meeting Type: Annual Ticker: ALFA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







7a


7b

For For Approve Discharge of CEO Tom Erixon 7c1

For For Approve Discharge of Board Member and Chairman Dennis Jonsson

7c2

For For Approve Discharge of Board Member Maria Moraeus Hanssen

7c3

For For Approve Discharge of Board Member Henrik Lange

7c4

Vote Summary Report


Alfa Laval AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discharge of Board Member Ray Mauritsson

7c5

For For Approve Discharge of Board Member Helene Mellquist

7c6

For For Approve Discharge of Board Member Finn Rausing

7c7

For For Approve Discharge of Board Member Jorn Rausing

7c8

For For Approve Discharge of Board Member Ulf Wiinberg

7c9

For For Approve Discharge of Former Board Member and Chairman Anders Narvinger

7c10

For For Approve Discharge of Board Member Anna Ohlsson-Leijon

7c11

For For Approve Discharge of Employee Representative Bror Garcia Lantz

7c12

For For Approve Discharge of Employee Representative Susanne Jonsson

7c13

For For Approve Discharge of Employee Representative Henrik Nielsen

7c14

For For Approve Discharge of Deputy Employee Representative Leif Norkvist

7c15

For For Approve Discharge of Deputy Employee Representative Stefan Sandell

7c16

For For Approve Discharge of Deputy Employee Representative Johnny Hulthen

7c17



9.1

For For Fix Number of Auditors (2) and Deputy Auditors (2)

9.2

For For Approve Remuneration of Directors in the Amount of SEK 1.85 Million to the Chairman and SEK 615,000 to Other Directors

10.1

For For Approve Remuneration of Committee Work 10.2


For For Reelect Maria Moraeus Hanssen as Director 11.1

For For Reelect Dennis Jonsson as Director 11.2

For For Reelect Henrik Lange as Director 11.3

For For Reelect Ray Mauritsson as Director 11.4

For For Reelect Helene Mellquist as Director 11.5

Vote Summary Report


Alfa Laval AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Finn Rausing as Director 11.6

For For Reelect Jorn Rausing as Director 11.7

For For Reelect Ulf Wiinberg as Director 11.8

For For Elect Lilian Fossum Biner as New Director 11.9

For For Reelect Dennis Jonsson as Board Chairman 11.10

For For Ratify Staffan Landen as Auditor 11.11

For For Ratify Karoline Tedevall as Auditor 11.12

For For Ratify Henrik Jonzen as Deputy Auditor 11.13

For For Ratify Andreas Mast as Deputy Auditor 11.14


12


For For Amend Articles Re: Proxies; Postal Voting 14

Alupar Investimento SA Meeting Date: 04/27/2021 Country: Brazil

Meeting Type: Special Ticker: ALUP11

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Remuneration of Company's Management

For Against

Voter Rationale: Lack of transparency as well as an excessive increase with no rationale provided.


2


3

Alupar Investimento SA Meeting Date: 04/27/2021 Country: Brazil

Meeting Type: Annual Ticker: ALUP11

Vote Summary Report


Alupar Investimento SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Fix Number of Directors at Seven (or Nine If Separate Minority Election Is Carried Out)

3


4




6

Voter Rationale: Amended board slate may not be in shareholders' interests.


7


Abstain None Percentage of Votes to Be Assigned - Elect Jose Luiz de Godoy Pereira as Director and Ana Helena Godoy Pereira de Almeida Pires as Alternate

8.1


Abstain None Percentage of Votes to Be Assigned - Elect Paulo Roberto de Godoy Pereira as Director and Fernando Carvalho de Godoy Pereira as Alternate

8.2


Abstain None Percentage of Votes to Be Assigned - Elect Marcelo Tosto de Oliveira Carvalho as Director and Carlos Manuel da Silva Graca as Alternate

8.3


Abstain None Percentage of Votes to Be Assigned - Elect Marcelo de Almeida Pires as Director

8.4


Abstain None Percentage of Votes to Be Assigned - Elect Oswaldo Errerias Ortega as Director

8.5


Vote Summary Report


Alupar Investimento SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Abstain None Percentage of Votes to Be Assigned - Elect Rogerio Paulo Calderon Peres as Independent Director

8.6


Abstain None Percentage of Votes to Be Assigned - Elect Humberto Falcao Martins as Independent Director

8.7



9


10


11


12

Aptitude Software Group Plc Meeting Date: 04/27/2021 Country: United Kingdom

Meeting Type: Annual Ticker: APTD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Ivan Martin as Director 4

For For Re-elect Barbara Moorhouse as Director 5

Against For Re-elect Peter Whiting as Director 6

Voter Rationale: over boarded with multiple senior external appointments

Vote Summary Report


Aptitude Software Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Philip Wood as Director 7

For For Re-elect Jeremy Suddards as Director 8

For For Reappoint Grant Thornton LLP as Auditors 9


10



12


13



15

Aquis Exchange Plc Meeting Date: 04/27/2021 Country: United Kingdom

Meeting Type: Annual Ticker: AQX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Alasdair Haynes as Director 3

For For Re-elect Jonathan Clelland as Director 4

For For Re-elect Nicola Beattie as Director 5

For For Re-elect Richard Bennett as Director 6

For For Re-elect Mark Goodliffe as Director 7

For For Re-elect Mark Spanbroek as Director 8

For For Elect David Vaillant as Director 9

For For Elect Deirdre Somers as Director 10

For For Elect Philip Olm as Company Secretary 11


12

Vote Summary Report


Aquis Exchange Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




15


16


17

Arjo AB Meeting Date: 04/27/2021 Country: Sweden

Meeting Type: Annual Ticker: ARJO.B

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Designate Per Colleen as Inspector of Minutes of Meeting

3.1

For For Designate Marianne Nilsson as Inspector of Minutes of Meeting

3.2





10


11

For For Approve Discharge of Board Chairman Johan Malmquist

12.1

For For Approve Discharge of Board Member Carl Bennet

12.2

For For Approve Discharge of Board Member Eva Elmstedt

12.3

For For Approve Discharge of Board Member Dan Frohm

12.4

For For Approve Discharge of Board Member Ulf Grunander

12.5

Vote Summary Report


Arjo AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discharge of Board Member Carola Lemne

12.6

For For Approve Discharge of Board Member and CEO Joacim Lindoff

12.7

For For Approve Discharge of Employee Representative Kajsa Haraldsson

12.8

For For Approve Discharge of Employee Representative Eva Sandling Gralen

12.9

For For Approve Discharge of Employee Representative Ingrid Hultgren

12.10

For For Approve Discharge of Employee Representative Sten Borjesson

12.11

For For Approve Discharge of Employee Representative Jimmy Linde

12.12


13.1


13.2

For For Approve Remuneration of Directors in the Aggregate Amount of SEK 4.6 Million; Approve Remuneration for Committee Work

14.1


For For Reelect Johan Malmquist as Director 15.1a

For For Reelect Carl Bennet as Director 15.1b

For For Reelect Eva Elmstedt as Director 15.1c

For For Reelect Dan Frohm as Director 15.1d

Against For Reelect Ulf Grunander as Director 15.1e


For For Reelect Carola Lemne as Director 15.1f

For For Reelect Joacim Lindoff as Director 15.1g

For For Reelect Johan Malmquist as Board Chairman 15.2


For For Amend Articles Re: Editorial Changes; Proxies and Postal Voting

17


Voter Rationale: Short performance periods for the long term incentive award, which are fully based on EPS.

Vote Summary Report


Atlas Arteria Meeting Date: 04/27/2021 Country: Australia

Meeting Type: Annual Ticker: ALX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Elect Ariane Barker as Director For For

Against For Approve the Remuneration Report 3

Voter Rationale: Bottom Quartile for Adjusted NTA growth over 5 years

For For Approve Grant of Performance Rights to Graeme Bevans

4

For For Ratify Past Issuance of ATLAX Shares to Existing Institutional Investors

5

For For Appoint PricewaterhouseCoopers as Auditor and Authorize Board to Fix Their Remuneration

2

For For Elect Caroline Foulger as Director 3a

For For Elect Andrew Cook as Director 3b

For For Elect Debra Goodin as Director 3c

For For Elect Fiona Beck as Director 4

For For Ratify Past Issuance of ATLIX Shares to Existing Institutional Investors

5

Atlas Copco AB Meeting Date: 04/27/2021 Country: Sweden

Meeting Type: Annual Ticker: ATCO.A

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Opening of Meeting; Elect Chairman of Meeting For For






7.a

Vote Summary Report


Atlas Copco AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discharge of Staffan Bohman 7.b1

For For Approve Discharge of Tina Donikowski 7.b2

For For Approve Discharge of Johan Forssell 7.b3

For For Approve Discharge of Anna Ohlsson-Leijon 7.b4

For For Approve Discharge of Mats Rahmstrom 7.b5

For For Approve Discharge of Gordon Riske 7.b6

For For Approve Discharge of Hans Straberg 7.b7

For For Approve Discharge of Peter Wallenberg Jr 7.b8

For For Approve Discharge of Sabine Neuss 7.b9

For For Approve Discharge of Mikael Bergstedt 7.b10

For For Approve Discharge of Benny Larsson 7.b11

For For Approve Discharge of President Mats Rahmstrom

7.b12


7.c

For For Approve Record Date for Dividend Payment 7.d

For For Determine Number of Members (8) and Deputy Members of Board (0)

8.a


8.b

Against For Reelect Staffan Bohman as Director 9.a1


For For Reelect Tina Donikowski as Director 9.a2

Against For Reelect Johan Forssell as Director 9.a3

Voter Rationale: Lack of independence on the board and overboarding concerns.

For For Reelect Anna Ohlsson-Leijon as Director 9.a4

For For Reelect Mats Rahmstrom as Director 9.a5

For For Reelect Gordon Riske as Director 9.a6

For For Reelect Hans Straberg as Director 9.a7

Against For Reelect Peter Wallenberg Jr as Director 9.a8


For For Reelect Hans Straberg as Board Chairman 9.b

For For Ratify Ernst & Young as Auditors 9.c

Vote Summary Report


Atlas Copco AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Remuneration of Directors in the Amount of SEK 2.6 Million to Chair and SEK 825,000 to Other Directors; Approve Remuneration for Committee Work; Approve Delivering Part of Remuneration in form of Synthetic Shares

10.a


Against For Approve Remuneration Report 11.a

Voter Rationale: Additional bonus granted to CEO without compelling rationale whilst the company has received government support throughout the pandemic.

For For Approve Stock Option Plan 2021 for Key Employees

11.b

For For Acquire Class A Shares Related to Personnel Option Plan for 2021

12.a

For For Acquire Class A Shares Related to Remuneration of Directors in the Form of Synthetic Shares

12.b

For For Transfer Class A Shares Related to Personnel Option Plan for 2021

12.c

For For Sell Class A Shares to Cover Costs Related to Synthetic Shares to the Board

12.d

For For Sell Class A to Cover Costs in Relation to the Personnel Option Plans for 2016, 2017 and 2018

12.e

Banco do Estado do Rio Grande do Sul SA Meeting Date: 04/27/2021 Country: Brazil

Meeting Type: Annual Ticker: BRSR6

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Adriano Cives Seabra as Director Appointed by Preferred Shareholder

None For


2

Vote Summary Report


Banco do Estado do Rio Grande do Sul SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For None Elect Reginaldo Ferreira Alexandre as Fiscal Council Member and Paulo Roberto Franceschi as Alternate Appointed by Preferred Shareholder

3

Bausch Health Companies Inc. Meeting Date: 04/27/2021 Country: Canada

Meeting Type: Annual Ticker: BHC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Richard U. De Schutter For For

For For Elect Director D. Robert Hale 1b

For For Elect Director Brett Icahn 1c

For For Elect Director Argeris (Jerry) N. Karabelas 1d

For For Elect Director Sarah B. Kavanagh 1e

For For Elect Director Steven D. Miller 1f

For For Elect Director Joseph C. Papa 1g

For For Elect Director John A. Paulson 1h

Withhold For Elect Director Robert N. Power 1i

For For Elect Director Russel C. Robertson 1j

For For Elect Director Thomas W. Ross, Sr. 1k

For For Elect Director Andrew C. von Eschenbach 1l

For For Elect Director Amy B. Wechsler 1m


2


3

Bayer AG Meeting Date: 04/27/2021 Country: Germany

Meeting Type: Annual Ticker: BAYN

Vote Summary Report


Bayer AG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Receive Financial Statements and Statutory Reports; Approve Allocation of Income and Dividends of EUR 2.00 per Share for Fiscal Year 2020

For For


2


3

For For Elect Fei-Fei Li to the Supervisory Board 4.1

For For Elect Alberto Weisser to the Supervisory Board 4.2


For For Ratify Deloitte GmbH as Auditors for Fiscal Year 2021

6

Befimmo SA Meeting Date: 04/27/2021 Country: Belgium

Meeting Type: Annual/Special Ticker: BEFB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

4 Approve Financial Statements and Allocation of Income

For For



For For Elect Jean-Philip Vroninks as Director 7

For For Reelect Alain Devos as Director 8

For For Reelect Sophie Goblet as Independent Director 9

For For Reelect Sophie Malarme-Lecloux as Independent Director

10

For For Reelect Vincent Querton as Independent Director

11


Vote Summary Report


Befimmo SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


13


1

For For Amend Articles Re: Organizational Arrangements for General Meetings

2


3

Bilia AB Meeting Date: 04/27/2021 Country: Sweden

Meeting Type: Annual Ticker: BILI.A

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Designate Suzanne Sandler as Inspector of Minutes of Meeting

3.a

For For Designate Erik Durhan as Inspector of Minutes of Meeting

3.b





8


9

For For Approve Discharge of Board Chairman Mats Qviberg

10.1

For For Approve Discharge of Board Member Jan Pettersson

10.2

For For Approve Discharge of Board Member Ingrid Jonasson Blank

10.3

For For Approve Discharge of Board Member Gunnar Blomkvist

10.4

For For Approve Discharge of Board Member Anna Engebretsen

10.5

Vote Summary Report


Bilia AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discharge of Board Member Eva Eriksson

10.6

For For Approve Discharge of Board Member Mats Holgerson

10.7

For For Approve Discharge of Board Member Nicklas Paulson

10.8

For For Approve Discharge of Board Member Jon Risfelt 10.9

For For Approve Discharge of Employee Representative Patrik Nordvall

10.10

For For Approve Discharge of Employee Representative Dragan Mitrasinovic

10.11

For For Approve Discharge of President Per Avander 10.12


11

For For Approve Remuneration of Directors in the Amount of SEK 400,000 for Chairman and Vice Chairman and SEK 250,000 for Other Directors; Approve Remuneration for Committee Work

12

For For Reelect Mats Qviberg as Director 13.1a

Against For Reelect Jan Pettersson as Director 13.1b


Against For Reelect Ingrid Jonasson Blank as Director 13.1c


Against For Reelect Gunnar Blomkvist as Director 13.1d


For For Reelect Anna Engebretsen as Director 13.1e

For For Reelect Eva Eriksson as Director 13.1f

Against For Reelect Mats Holgerson as Director 13.1g


For For Reelect Nicklas Paulson as Director 13.1h

Against For Reelect Jon Risfelt as Director 13.1i


For For Reelect Mats Qviberg as Board Chairman 13.2a

Against For Reelect Jan Pettersson as Vice Chairman 13.2b



Vote Summary Report


Bilia AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Ratify PricewaterhouseCoopers as Auditor 14.2


Voter Rationale: Lack of disclosure around the specific performance targets used so unable to determine pay for performance alignment.

For For Amend Articles Re: Editorial Changes; Set Minimum (SEK 200 Million) and Maximum (SEK 800 Million) Share Capital; Participation at General Meetings; Proxies and Postal Voting

16

For For Approve Performance Share Matching Plan for Key Employees

17.a

For For Approve Equity Plan Financing 17.b

Against For Approve Alternative Equity Plan Financing 17.c

Voter Rationale: Unnecessary additional costs.

For For Approve Equity Plan Financing by Approving Transfer to Cover Social Security Contributions for the Plan

17.d


18

Boliden AB Meeting Date: 04/27/2021 Country: Sweden

Meeting Type: Annual Ticker: BOL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Designate Jan Andersson as Inspector of Minutes of Meeting

2.1

For For Designate Anders Oscarsson as Inspector of Minutes of Meeting

2.2





7


8

Vote Summary Report


Boliden AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discharge of Helene Bistrom 9.1

For For Approve Discharge of Tom Erixon 9.2

For For Approve Discharge of Michael G:son Low 9.3

For For Approve Discharge of Perttu Louhiluoto 9.4

For For Approve Discharge of Elisabeth Nilsson 9.5

For For Approve Discharge of Pia Rudengren 9.6

For For Approve Discharge of Board Chairman Anders Ullberg

9.7

For For Approve Discharge of President Mikael Staffas 9.8

For For Approve Discharge of Marie Berglund 9.9

For For Approve Discharge of Employee Representative Marie Holmberg

9.10

For For Approve Discharge of Employee Representative Kenneth Stahl

9.11

For For Approve Discharge of Employee Representative Cathrin Oderyd

9.12


10.1

For For Determine Number of Auditors (1) 10.2

For For Approve Remuneration of Directors in the Amount of SEK 1.83 Million for Chairman and SEK 610,000 for Other Directors; Approve Remuneration for Committee Work

11

For For Reelect Helene Bistrom as Director 12a

For For Reelect Michael G:son Low as Director 12b

For For Elect Per Lindberg as New Director 12c

For For Reelect Perttu Louhiluoto as Director 12d

For For Reelect Elisabeth Nilsson as Director 12e

For For Reelect Pia Rudengren as Director 12f

For For Elect Karl-Henrik Sundstrom as New Director 12g

For For Reelect Anders Ullberg as Director 12h

For For Reelect Anders Ullberg as Board Chairman 12i




Vote Summary Report


Boliden AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Jan Andersson as Member of Nominating Committee

16.1

For For Elect Lars-Erik Forsgardh as Member of Nominating Committee

16.2

For For Elect Ola Peter Gjessing as Member of Nominating Committee

16.3

For For Elect Lilian Fossum Biner as Member of Nominating Committee

16.4

For For Elect Anders Ullberg as Member of Nominating Committee

16.5

For For Amend Articles Re: Editorial Changes; Participation at General Meeting; Location of General Meeting; Postal Voting

17

For For Approve 2:1 Stock Split; Approve SEK 289.46 Million Reduction in Share Capital via Share Cancellation; Approve Capitalization of Reserves of SEK 289.46 Million for Bonus Issue

18

Brixmor Property Group Inc. Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: BRX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director James M. Taylor, Jr. For For

For For Elect Director John G. Schreiber 1.2

For For Elect Director Michael Berman 1.3

For For Elect Director Julie Bowerman 1.4

For For Elect Director Sheryl M. Crosland 1.5

For For Elect Director Thomas W. Dickson 1.6

For For Elect Director Daniel B. Hurwitz 1.7

For For Elect Director William D. Rahm 1.8

For For Elect Director Gabrielle Sulzberger 1.9



3

Vote Summary Report


Canadian National Railway Company Meeting Date: 04/27/2021 Country: Canada

Meeting Type: Annual Ticker: CNR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1A Elect Director Shauneen Bruder For For

For For Elect Director Julie Godin 1B

For For Elect Director Denise Gray 1C

For For Elect Director Justin M. Howell 1D

For For Elect Director Kevin G. Lynch 1E

For For Elect Director Margaret A. McKenzie 1F

For For Elect Director James E. O'Connor 1G

For For Elect Director Robert Pace 1H

For For Elect Director Robert L. Phillips 1I

For For Elect Director Jean-Jacques Ruest 1J

For For Elect Director Laura Stein 1K




3

For For Management Advisory Vote on Climate Change 4

Voter Rationale: We are voting FOR the company's climate change plan. Canadian National Rail have a robust decarbonisation strategy, with SBTi approved short and medium-term targets which appear stretching. The Group also discloses in-line with TCFD requirements. The Group has yet to commit to a long-term net-zero or Paris aligned target, however, management have stated that a longer-term target will be published in 2Q 2021 and therefore we are willing to support the Group's transition plan.

Against Against SP 1: Institute a New Safety-Centered Bonus System

5

Vote Summary Report


Canadian National Railway Company Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against Against SP 2: Require the CN Police Service to Cede Criminal Investigation of All Workplace Deaths and Serious Injuries and Instead Request the Independent Police Forces in Canada and the US to Do Such Investigations

6

Voter Rationale: The company is being asked for its internal CN Police Service (CNPS) to cede and proactively request the criminal investigation of all workplace deaths and serious injury to the Royal Canadian Mounted Police and independent police forces in Canada and the US. The CNPS officers are first and foremost officers of the law and, as such, recognized as public servants required to operate independently from the Company (we note that independence is safeguarded by rigorous protocols, procedures and policies). The CNPS offer their full co-operation to the local police agency, the RCMP or the regulators when an incident has occurred. Lastly CNPS has an established set of procedures for dealing with complaints against its own police. Overall, the CNPS have been granted federal jurisdiction to enforce all the laws of Canada and the Provinces and the United State by an act of parliament, we therefore feel that governments and the company are best place to decide upon this issues. As such, we believe a vote AGAINST this resolution is warranted.

CapitaLand Ltd. Meeting Date: 04/27/2021 Country: Singapore

Meeting Type: Annual Ticker: C31

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Approve Directors' Remuneration 3

For For Elect Anthony Lim Weng Kin as Director 4a

For For Elect Goh Swee Chen as Director 4b

For For Elect Stephen Lee Ching Yen as Director 4c


5


6

For For Approve Grant of Awards and Issuance of Shares Under the CapitaLand Performance Share Plan 2020 and CapitaLand Restricted Share Plan 2020

7


For For Approve Stephen Lee Ching Yen to Continue Office as an Independent Director Pursuant to Rule 210(5)(d)(iii)(A) of the Listing Manual of the SGX-ST

9

Vote Summary Report


CapitaLand Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Stephen Lee Ching Yen to Continue Office as an Independent Director Pursuant to Rule 210(5)(d)(iii)(B) of the Listing Manual of the SGX-ST

10

Centene Corporation Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: CNC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Jessica L. Blume For For

For For Elect Director Frederick H. Eppinger 1b

Against For Elect Director David L. Steward 1c

Voter Rationale: Chair of the nominating committee and less than 20% of the board is comprised of female directors.

For For Elect Director William L. Trubeck 1d


2





Centrais Eletricas Brasileiras SA Meeting Date: 04/27/2021 Country: Brazil

Meeting Type: Annual Ticker: ELET6

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Vote Summary Report


Centrais Eletricas Brasileiras SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


3


Against For Elect Lucia Maria Martins Casasanta as Director 4.1


Against For Elect Wilson Ferreira Junior as Director 4.2


Against For Elect Marcelo de Siqueira Freitas as Director 4.3


Against For Elect Bruno Eustaquio Ferreira Castro de Carvalho as Director

4.4


For For Elect Ruy Flaks Schneider as Independent Director

4.5

Against For Elect Ana Carolina Tannuri Laferte Marinho as Director

4.6


Against For Elect Rodrigo Limp Nascimento as Director 4.7



5


Abstain None Percentage of Votes to Be Assigned - Elect Lucia Maria Martins Casasanta as Director

6.1


Abstain None Percentage of Votes to Be Assigned - Elect Wilson Ferreira Junior as Director

6.2


Abstain None Percentage of Votes to Be Assigned - Elect Marcelo de Siqueira Freitas as Director

6.3


Abstain None Percentage of Votes to Be Assigned - Elect Bruno Eustaquio Ferreira Castro de Carvalho as Director

6.4


Vote Summary Report


Centrais Eletricas Brasileiras SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Abstain None Percentage of Votes to Be Assigned - Elect Ruy Flaks Schneider as Independent Director

6.5


Abstain None Percentage of Votes to Be Assigned - Elect Ana Carolina Tannuri Laferte Marinho as Director

6.6


Abstain None Percentage of Votes to Be Assigned - Elect Rodrigo Limp Nascimento as Director

6.7


For None Elect Daniel Alves Ferreira as Director Appointed by Minority Shareholder

7


8

Abstain For Elect Thais Marcia Fernandes Matano Lacerda as Fiscal Council Member and Ricardo Takemitsu Simabuku as Alternate

9.1

Voter Rationale: Focused votes on minority candidates.

Abstain For Elect Domingos Romeu Andreatta as Fiscal Council Member and Ingrid Palma Araujo as Alternate

9.2


Abstain For Elect Rafael Rezende Brigolini as Fiscal Council Member and Rafael Souza Pena as Alternate

9.3


For None Elect Carlos Eduardo Teixeira Taveiros as Fiscal Council Member and Robert Juenemann as Alternate Appointed by Minority Shareholder

10


11

Cerved Group SpA Meeting Date: 04/27/2021 Country: Italy

Meeting Type: Annual Ticker: CERV

Vote Summary Report


Cerved Group SpA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.A Accept Financial Statements and Statutory Reports

For For

For For Approve Allocation of Income 1.B

For None Approve Dividend Distribution 1-bis

For For Approve Remuneration Policy 2.a


2.b


3


4


A


Charter Communications, Inc. Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: CHTR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director W. Lance Conn For Against

Voter Rationale: Chair of the compensation committee and no say-on-pay proposal put forward for approval.

For For Elect Director Kim C. Goodman 1b

For For Elect Director Craig A. Jacobson 1c

For For Elect Director Gregory B. Maffei 1d

Against For Elect Director John D. Markley, Jr. 1e


For For Elect Director David C. Merritt 1f

For For Elect Director James E. Meyer 1g

For For Elect Director Steven A. Miron 1h

For For Elect Director Balan Nair 1i

Vote Summary Report


Charter Communications, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Michael A. Newhouse 1j

For For Elect Director Mauricio Ramos 1k

For For Elect Director Thomas M. Rutledge 1l

For For Elect Director Eric L. Zinterhofer 1m



Voter Rationale: The company is being asked to provide greater transparency on its lobbying activities. While we welcome the company's existing disclosure practices, there are a number of areas in which it could improve – including further detail on its lobbying policy, oversight structures in place, and disclosure of trade association memberships and dues paid to these organisations. We believe it is best practice to provide full disclosure and therefore support this proposal.


Voter Rationale: Shareholders would benefit from the most robust form of independent oversight in the form of an independent board chair.

For Against Publish Annually a Report Assessing Diversity, Equity, and Inclusion Efforts

5

Voter Rationale: The company is asked to publish an annual diversity and inclusion report. While we welcome the company's current commitments to diversity, there are some noticeable gaps in disclosure. We believe that workforce diversity will improve with increased transparency, and are therefore supportive of the resolution. That said, we recognised that improved disclosure may come in the form of a separate D&I report or may be integrated into existing reporting, and would be supportive of both provided sufficient transparency is displayed.

For Against Report on Greenhouse Gas Emissions Disclosure 6

Voter Rationale: The company is asked to publish an annual report on its GHG emissions levels in line with TCFD reccomendations, including its reduction strategy and progress – and to give shareholders a non-binding vote on the reduction plan. We welcome the company's increased focus on sustainability reporting, notably its plans to publish an ESG report and to report to CDP. We are eager to see the company continue to develop its strategies and targets relating to its commitment to environmental sustainability and emissions reductions. For this reason we support the resolution.

For Against Adopt Policy to Annually Disclose EEO-1 Data 7

Voter Rationale: The company is asked to annually disclose EEO-1 Data. Although the company does disclose some data relating to the diversity of its workforce, the level of detail is limited. Given that the company already reports this information to the EEOC, and public disclosure will enable better assessment of success of the company's diversity efforts, we are supportive of the proposal.

China Medical System Holdings Ltd. Meeting Date: 04/27/2021 Country: Cayman Islands


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


China Medical System Holdings Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Elect Chen Yanling as Director 3a

For For Elect Leung Chong Shun as Director 3b

For For Elect Luo, Laura Ying as Director 3c


3d

For For Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration

4


5





Citigroup Inc. Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: C

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Ellen M. Costello For For

For For Elect Director Grace E. Dailey 1b

For For Elect Director Barbara J. Desoer 1c

For For Elect Director John C. Dugan 1d

For For Elect Director Jane N. Fraser 1e

For For Elect Director Duncan P. Hennes 1f

For For Elect Director Peter B. Henry 1g

For For Elect Director S. Leslie Ireland 1h

For For Elect Director Lew W. (Jay) Jacobs, IV 1i

For For Elect Director Renee J. James 1j

For For Elect Director Gary M. Reiner 1k

Vote Summary Report


Citigroup Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Diana L. Taylor 1l

For For Elect Director James S. Turley 1m

For For Elect Director Deborah C. Wright 1n

For For Elect Director Alexander R. Wynaendts 1o

For For Elect Director Ernesto Zedillo Ponce de Leon 1p


Voter Rationale: Vote confirmed per Voting Operations audit.


3



Voter Rationale: This proposal would improve the company's existing proxy access right for shareholders.


Against Against Adopt a Policy to Include Non-Management Employees as Prospective Director Candidates

7


Voter Rationale: The company is being asked to publish a report on its lobbying policies and expenditures - direct, indirect and grassroot lobbying with the payment amount and recipient for each, coupled with the decision-making process behind these payments. Although the company publishes some information on its lobbying activities, we would value greater transparency on this issue. Therefore we support this resolution.

For Against Report on Racial Equity Audit 9

Voter Rationale: The company is being asked to oversee and report on a racial equity audit analyzing the adverse impacts of the company on non-white stakeholders and communities of color. We welcome the company’s existing initiatives and reporting in this area, including its talent & diversity reporting, $1 billion in strategic initiatives to help address the racial wealth gap, and recent hiring of a Chief Diversity Officer. We are supportive of an audit that would help the bank identify and address any remaining gaps or areas of development in its current approach. As such, we support the proposal.

Against Against Amend Certificate of Incorporation to Become a Public Benefit Corporation

10


Comerica Incorporated Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: CMA

Vote Summary Report


Comerica Incorporated

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Michael E. Collins For For

Against For Elect Director Roger A. Cregg 1.2

For For Elect Director T. Kevin DeNicola 1.3

For For Elect Director Curtis C. Farmer 1.4

Against For Elect Director Jacqueline P. Kane 1.5

For For Elect Director Richard G. Lindner 1.6

For For Elect Director Barbara R. Smith 1.7

For For Elect Director Robert S. Taubman 1.8

For For Elect Director Reginald M. Turner, Jr. 1.9

For For Elect Director Nina G. Vaca 1.10

For For Elect Director Michael G. Van de Ven 1.11



3


For For Approve Nonqualified Employee Stock Purchase Plan

5

Community Trust Bancorp, Inc. Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: CTBI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Charles J. Baird For For

For For Elect Director David Collins 1.2

For For Elect Director Franklin H. Farris, Jr. 1.3

For For Elect Director Jean R. Hale 1.4

For For Elect Director Eugenia Crittenden "Crit" Luallen 1.5

For For Elect Director Ina Michelle Matthews 1.6

Vote Summary Report


Community Trust Bancorp, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director James E. McGhee, II 1.7

For For Elect Director Franky Minnifield 1.8

Withhold For Elect Director M. Lynn Parrish 1.9

For For Elect Director Anthony W. St. Charles 1.10

For For Elect Director Chad C. Street 1.11

For For Ratify BKD, LLP as Auditors 2


3

Cousins Properties Incorporated Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: CUZ

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Charles T. Cannada For Against


For For Elect Director Robert M. Chapman 1b

For For Elect Director M. Colin Connolly 1c

For For Elect Director Scott W. Fordham 1d

Against For Elect Director Lillian C. Giornelli 1e


For For Elect Director R. Kent Griffin, Jr. 1f

For For Elect Director Donna W. Hyland 1g

For For Elect Director R. Dary Stone 1h


2


Cromwell European Real Estate Investment Trust Meeting Date: 04/27/2021 Country: Singapore

Meeting Type: Annual Ticker: CNNU

Vote Summary Report


Cromwell European Real Estate Investment Trust

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Deloitte & Touche LLP as Auditors and Authorize Manager to Fix Their Remuneration

2


3


Cromwell European Real Estate Investment Trust Meeting Date: 04/27/2021 Country: Singapore

Meeting Type: Special Ticker: CNNU

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Unit Consolidation For For

Cubic Corporation Meeting Date: 04/27/2021 Country: USA

Meeting Type: Special Ticker: CUB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




CVC Brasil Operadora e Agencia de Viagens SA Meeting Date: 04/27/2021 Country: Brazil

Meeting Type: Annual Ticker: CVCB3

Vote Summary Report


CVC Brasil Operadora e Agencia de Viagens SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Management Statements, with Qualifications, for Fiscal Year Ended Dec. 31, 2020

For For

Against Against Accept Management Statements for Fiscal Year Ended Dec. 31, 2020

2

Voter Rationale: A vote in support would discharge the administrators of responsibility for the errors in the report.

Against For Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2020

3

Voter Rationale: The board recommended to approve the 2020 statements even with qualifications.



For For Elect Sergio Citeroni as Fiscal Council Member and Luiz Carlos Nannini as Alternate

6.1

For For Elect Evelyn Veloso Trindade as Fiscal Council Member and Carlos Augusto Sultanum Cordeiro as Alternate

6.2

For For Elect Leonardo Guimaraes Pinto as Fiscal Council Member and Anderson Nunes da Silva as Alternate

6.3


7

Voter Rationale: Lack of transparency so unable to determine pay for performance alignment.

CVC Brasil Operadora e Agencia de Viagens SA Meeting Date: 04/27/2021 Country: Brazil

Meeting Type: Special Ticker: CVCB3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Filing of Lawsuit Against Company's Former Managers Responsible for Accounting Distortions Identified in the Company's Financial Statements for Previous Fiscal Years

For For

For For Rectify Resolution of the Annual General Meetings that Approved the Management Statements for Fiscal Years 2015, 2016, 2017, and 2018

2

Vote Summary Report


CVC Brasil Operadora e Agencia de Viagens SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-Ratify Remuneration of Company's Management for 2020

3

Voter Rationale: Lack of rationale for significantly increasing a previously approved remuneration cap

For For Re-Ratify Share-Based Incentive Plan for CEO Approved at March 24, 2020 EGM

4


5

Diversified Gas & Oil Plc Meeting Date: 04/27/2021 Country: United Kingdom

Meeting Type: Annual Ticker: DGOC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3


For For Re-elect David Johnson as Director 5

For For Re-elect Robert Hutson Jr as Director 6

For For Re-elect Bradley Gray as Director 7

For For Re-elect Martin Thomas as Director 8

For For Re-elect David Turner Jr as Director 9

For For Re-elect Sandra Stash as Director 10

For For Re-elect Melanie Little as Director 11





15

For For Amend 2017 Equity Incentive Plan 16


17

Vote Summary Report


Diversified Gas & Oil Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


18


For For Approve Change of Company Name to Diversified Energy Company plc

20



22

DNB ASA Meeting Date: 04/27/2021 Country: Norway

Meeting Type: Annual Ticker: DNB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Notice of Meeting and Agenda For For



4

For For Authorize Board to Distribute Dividends 5


For For Approve Remuneration Statement (Advisory) 7a

For For Approve Remuneration Policy And Other Terms of Employment For Executive Management (Binding)

7b

For For Approve Company's Corporate Governance Statement

8


For None Consultative Vote on the Future Design of a Rule in the Articles Regarding the Number ofShareholder-Elected Members of the Board of Directors

10

For For Elect Directors, effective from the Merger Date 11a

For For Elect Directors until the Merger Date 11b

For For Approve Remuneration of Directors and Nominating Committee

12

Vote Summary Report


Domino's Pizza, Inc. Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: DPZ

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director David A. Brandon For For

For For Elect Director Richard E. Allison, Jr. 1.2

For For Elect Director C. Andrew Ballard 1.3

Withhold For Elect Director Andrew B. Balson 1.4

For For Elect Director Corie S. Barry 1.5

Withhold For Elect Director Diana F. Cantor 1.6

For For Elect Director Richard L. Federico 1.7

For For Elect Director James A. Goldman 1.8

For For Elect Director Patricia E. Lopez 1.9



3

Emaar Malls PJSC Meeting Date: 04/27/2021 Country: United Arab Emirates

Meeting Type: Annual Ticker: EMAARMALLS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3

For For Approve Absence of Dividends 4




Vote Summary Report


Emaar Malls PJSC Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



9

For For Elect Ahmed Al Ansari as Director 10

For For Allow Directors to Carry on Activities Included in the Objects of the Company

11

For For Approve the Appointment of Representatives for the Shareholders and Fix Their Remuneration

12

Against For Amend Article 1 of Bylaws Re: Related Parties 13

Voter Rationale: Not in shareholders' interests.

Enel Generacion Chile SA Meeting Date: 04/27/2021 Country: Chile

Meeting Type: Annual Ticker: ENELGXCH

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Approve Investment and Financing Policy 6

For For Present Dividend Policy and Distribution Procedures

7

For For Approve Interim Dividends 8




13

Equity LifeStyle Properties, Inc. Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: ELS

Vote Summary Report


Equity LifeStyle Properties, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Andrew Berkenfield For For

For For Elect Director Derrick Burks 1.2

Withhold For Elect Director Philip Calian 1.3


For For Elect Director David Contis 1.4

For For Elect Director Constance Freedman 1.5

For For Elect Director Thomas Heneghan 1.6

For For Elect Director Marguerite Nader 1.7

For For Elect Director Scott Peppet 1.8

For For Elect Director Sheli Rosenberg 1.9

Withhold For Elect Director Samuel Zell 1.10





3

Exelon Corporation Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: EXC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Anthony Anderson For For

For For Elect Director Ann Berzin 1b

For For Elect Director Laurie Brlas 1c

For For Elect Director Marjorie Rodgers Cheshire 1d

For For Elect Director Christopher Crane 1e

For For Elect Director Yves de Balmann 1f

For For Elect Director Linda Jojo 1g

Vote Summary Report


Exelon Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Paul Joskow 1h

For For Elect Director Robert Lawless 1i

For For Elect Director John Richardson 1j

For For Elect Director Mayo Shattuck, III 1k

For For Elect Director John Young 1l


2



Against Against Report on Child Labor Audit 4

Voter Rationale: The company is being asked to publish a report disclosing the extent to which its electric vehicle business plans may involve, rely or depend on foreign child labor. We encourage the company to consider this risk as part of its procurement of electric vehicles, and in relation to its venture-investing activities. However, we have not voted for a separate report because we understand its business plans, at this time, do not involved the production of electric vehicles or batteries.

Falabella SA Meeting Date: 04/27/2021 Country: Chile

Meeting Type: Annual Ticker: FALABELLA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Approve Consolidated Balance Sheet 2


For For Approve Auditors' Report 4

For For Approve Dividends of CLP 5 Per Share 5

For For Approve Allocation of Income Which are no Distributable to Shareholders

6

For For Approve Dividend Policy 7





11

Vote Summary Report


Falabella SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Receive Directors Committee's Report 12

For For Approve Remuneration of Directors' Committee 13

For For Approve Budget of Directors' Committee 14

For For Designate Newspaper to Publish Announcements

15

FMC Corporation Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: FMC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Pierre Brondeau For For

For For Elect Director Eduardo E. Cordeiro 1b

For For Elect Director Carol Anthony (John) Davidson 1c

For For Elect Director Mark Douglas 1d

For For Elect Director C. Scott Greer 1e

For For Elect Director K'Lynne Johnson 1f

For For Elect Director Dirk A. Kempthorne 1g

Against For Elect Director Paul J. Norris 1h


For For Elect Director Margareth Ovrum 1i

For For Elect Director Robert C. Pallash 1j

For For Elect Director Vincent R. Volpe, Jr. 1k




3

Groupe Bruxelles Lambert SA Meeting Date: 04/27/2021 Country: Belgium

Meeting Type: Annual Ticker: GBLB

Vote Summary Report


Groupe Bruxelles Lambert SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2.2 Adopt Financial Statements For For



Against For Elect Jacques Veyrat as Independent Director 5.2

Against For Reelect Claude Genereux as Director 5.3.1

Against For Reelect Jocelyn Lefebvre as Director 5.3.2

For For Reelect Agnes Touraine as Independent Director 5.3.3

For For Ratify PricewaterhouseCoopers as Auditors and Approve Auditors' Remuneration

6.2


Against For Approve Stock Option Plan Grants 8.1

For For Approve Stock Option Plan 8.2

For For Receive Special Board Report Re: Article 7:227 of the Company Code with Respect to the Guarantees in Item 8.4

8.3

For For Approve Guarantee to Acquire Shares under Stock Option Plan

8.4

Grupo Aeroportuario del Pacifico SAB de CV Meeting Date: 04/27/2021 Country: Mexico

Meeting Type: Special Ticker: GAPB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Cancellation of 35.42 Million Treasury Shares

For For

For For Approve Reduction in Capital by MXN 2 Billion 2


4

Vote Summary Report



Meeting Type: Annual Ticker: GAPB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Reports in Compliance with Article 28, Section IV of Mexican Securities Market Law

For For

For For Approve Discharge of Directors and Officers 2

For For Approve Individual and Consolidated Financial Statements and Approve External Auditors' Report on Financial Statements

3

For For Approve Allocation of Income in the Amount of MXN 1.85 Billion

4

For For Cancel Pending Amount of Share Repurchase Approved at AGM on July 1, 2020; Set Share Repurchase Maximum Amount of MXN 3 Billion

5

Against For Elect or Ratify Directors of Series B Shareholders

8


For For Elect or Ratify Board Chairman 9

For For Approve Remuneration of Directors for Years 2020 and 2021

10

Against For Elect or Ratify Director of Series B Shareholders and Member of Nominations and Compensation Committee

11


For For Elect or Ratify Chairman of Audit and Corporate Practices Committee

12


14


Meeting Type: Annual/Special Ticker: GAPB

Vote Summary Report


Grupo Aeroportuario del Pacifico SAB de CV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Reports in Compliance with Article 28, Section IV of Mexican Securities Market Law

For For

For For Approve Discharge of Directors and Officers 2

For For Approve Individual and Consolidated Financial Statements and Approve External Auditors' Report on Financial Statements

3

For For Approve Allocation of Income in the Amount of MXN 1.85 Billion

4

For For Cancel Pending Amount of Share Repurchase Approved at AGM on July 1, 2020; Set Share Repurchase Maximum Amount of MXN 3 Billion

5

Against For Elect or Ratify Directors of Series B Shareholders

8


For For Elect or Ratify Board Chairman 9

For For Approve Remuneration of Directors for Years 2020 and 2021

10

Against For Elect or Ratify Director of Series B Shareholders and Member of Nominations and Compensation Committee

11


For For Elect or Ratify Chairman of Audit and Corporate Practices Committee

12


14

For For Approve Cancellation of 35.42 Million Treasury Shares

1

For For Approve Reduction in Capital by MXN 2 Billion 2


4

GVS SpA Meeting Date: 04/27/2021 Country: Italy

Meeting Type: Annual Ticker: GVS

Vote Summary Report


GVS SpA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




2b

Voter Rationale: Lack of disclosure around the performance targets and how these relate to payouts so unable to accurately assess pay for performance alignment.


3

For None Approve Internal Auditors' Remuneration 4


A


Hanesbrands Inc. Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: HBI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Cheryl K. Beebe For Against

For For Elect Director Stephen B. Bratspies 1b

For For Elect Director Geralyn R. Breig 1c

For For Elect Director Bobby J. Griffin 1d

Against For Elect Director James C. Johnson 1e

For For Elect Director Franck J. Moison 1f

For For Elect Director Robert F. Moran 1g

For For Elect Director Ronald L. Nelson 1h

For For Elect Director Ann E. Ziegler 1i


Vote Summary Report


Hanesbrands Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


3

International Business Machines Corporation Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: IBM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Thomas Buberl For For

For For Elect Director Michael L. Eskew 1b

For For Elect Director David N. Farr 1c

For For Elect Director Alex Gorsky 1d

For For Elect Director Michelle J. Howard 1e

For For Elect Director Arvind Krishna 1f

For For Elect Director Andrew N. Liveris 1g

For For Elect Director Frederick William McNabb, III 1h

For For Elect Director Martha E. Pollack 1i

For For Elect Director Joseph R. Swedish 1j

For For Elect Director Peter R. Voser 1k

For For Elect Director Frederick H. Waddell 1l




3

Voter Rationale: Lack of rigorous performance goals for one-off award.


Voter Rationale: Shareholders would benefit from the most robust form of independent board oversight of management in the form of an independent chair.

For Against Lower Ownership Threshold for Action by Written Consent

5

Voter Rationale: This proposal would would enhance shareholder rights.

Vote Summary Report


International Business Machines Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Publish Annually a Report Assessing Diversity, Equity, and Inclusion Efforts

6

Voter Rationale: The company is asked to improve its disclosure on diversity, equity and inclusion efforts. The Board has accepted it is a laggard in this area of reporting and has voted for the proposal. We also believe a vote "for" is warranted.

Itau Unibanco Holding SA Meeting Date: 04/27/2021 Country: Brazil

Meeting Type: Annual Ticker: ITUB4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 As a Preferred Shareholder, Would You like to Request a Separate Minority Election of a Member of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law?

None For


2

For None Elect Artemio Bertholini as Fiscal Council Member and Rene Guimaraes Andrich as Alternate Appointed by Preferred Shareholder

3

Jardine Cycle & Carriage Limited Meeting Date: 04/27/2021 Country: Singapore


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Approve Directors' Fees for the Financial Year Ending December 31, 2021

3

For For Elect Lim Hwee Hua as Director 4a

Vote Summary Report


Jardine Cycle & Carriage Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect Benjamin Keswick as Director 4b


For For Elect Stephen Gore as Director 4c

For For Elect Tan Yen Yen as Director 5


6


7a


For For Authorize Share Repurchase Program 7b

For For Approve Renewal of Mandate for Transactions with Related Parties

7c

For For Approve Lim Hwee Hua to Continue Office as Independent Director for Purposes of Rule 210(5)(d)(iii)(A) of the Listing Manual of SGX ST (Tier 1)

8a

For For Approve Lim Hwee Hua to Continue Office as Independent Director for Purposes of Rule 210(5)(d)(iii)(B) of the Listing Manual of SGX ST (Tier 2)

8b

Jupiter Mines Limited Meeting Date: 04/27/2021 Country: Australia

Meeting Type: Special Ticker: JMS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Reduction of Capital For For

Land & Houses Public Company Limited Meeting Date: 04/27/2021 Country: Thailand

Meeting Type: Annual Ticker: LH

Vote Summary Report


Land & Houses Public Company Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Acknowledge Operating Results 2


For For Approve Allocation of Income, Dividend Payment and Legal Reserve

4

For For Elect Nantawat Pipatwongkasem as Director 5.1

For For Elect Achawin Asavabhokhin as Director 5.2

For For Elect Watcharin Kasinrerk as Director 5.3



7


Localiza Rent A Car SA Meeting Date: 04/27/2021 Country: Brazil

Meeting Type: Special Ticker: RENT3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Long-Term Incentive Plan for Executives

For Against

Voter Rationale: Performance criteria do not appear to be based on objective KPIs so shareholders are unable to determine pay for performance alignment.

Localiza Rent A Car SA Meeting Date: 04/27/2021 Country: Brazil

Meeting Type: Annual Ticker: RENT3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


Localiza Rent A Car SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



3


For For Fix Number of Directors at Six or Seven 4

For For Elect Eugenio Pacelli Mattar as Director 5.1

For For Elect Oscar de Paula Bernardes Neto as Independent Director

5.2

For For Elect Irlau Machado Filho as Independent Director

5.3

For For Elect Maria Leticia de Freitas Costas as Independent Director

5.4

For For Elect Paulo Antunes Veras as Independent Director

5.5

For For Elect Pedro de Godoy Bueno as Independent Director

5.6


6

Voter Rationale: Lack of disclosure around the use of cumulative voting

Abstain None Percentage of Votes to Be Assigned - Elect Eugenio Pacelli Mattar as Director

7.1


Abstain None Percentage of Votes to Be Assigned - Elect Oscar de Paula Bernardes Neto as Independent Director

7.2


Abstain None Percentage of Votes to Be Assigned - Elect Irlau Machado Filho as Independent Director

7.3


Abstain None Percentage of Votes to Be Assigned - Elect Maria Leticia de Freitas Costas as Independent Director

7.4


Abstain None Percentage of Votes to Be Assigned - Elect Paulo Antunes Veras as Independent Director

7.5


Abstain None Percentage of Votes to Be Assigned - Elect Pedro de Godoy Bueno as Independent Director

7.6


Vote Summary Report


Localiza Rent A Car SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


8


9


10


Abstain For Elect Carla Alessandra Trematore as Fiscal Council Member and Juliano Lima Pinheiro as Alternate

12.1

Voter Rationale: Concentrating votes on minority candidates.

Abstain For Elect Antonio de Padua Soares Policarpo as Fiscal Council Member and Marco Antonio Pereira

12.2

Voter Rationale: Focusing votes on minority candidates.

Abstain None Elect Francisco Caprino Neto as Fiscal Council Member and Joao Ricardo Pereira da Costa as Alternate Appointed by Minority Shareholder

13.1


For None Elect Luiz Carlos Nannini as Fiscal Council Member and Fernando Antonio Lopes Matoso as Alternate Appointed by Minority Shareholder

13.2

Lotte Chemical Titan Holding Berhad Meeting Date: 04/27/2021 Country: Malaysia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Rafiah binti Salim as Director For For

For For Elect Park Hyun Chul as Director 2

For For Elect Lee Jung Hyeng as Director 3


For For Approve Directors' Remuneration and Benefits 5

Vote Summary Report


Lotte Chemical Titan Holding Berhad Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


6

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions

7

For For Approve Issuance of New Ordinary Shares Under the Dividend Reinvestment Scheme

8

LU-VE SpA Meeting Date: 04/27/2021 Country: Italy

Meeting Type: Annual Ticker: LUVE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




2.2


3


A


Military Commercial Joint Stock Bank Meeting Date: 04/27/2021 Country: Vietnam

Meeting Type: Annual Ticker: MBB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Reports of Board of Directors and Executive Board for Financial Year 2020 and Business Plan for Financial Year 2021

For For

Vote Summary Report


Military Commercial Joint Stock Bank Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Amend Articles of Association, Regulations on Operation of Board of Directors, and Corporate Governance Regulations

2

For For Approve Report of Supervisory Board for Financial Year 2020 and Amend Regulations on Operation of Supervisory Board

3

For For Approve Audited Financial Statements of Financial Year 2020 and Income Allocation of Financial Year 2020

4

For For Approve Issuance of Shares as Stock Dividend 5

Against For Approve Private Placement of Shares to Professional Investors in the Field of Telecommunication and Technology

6

Voter Rationale: The company may issue new shares to its substantial shareholders at a steep discount.

Against For Approve Issuance of Shares to Key Employees 7

Voter Rationale: Plan permits stock options to be issued with an exercise price at a discount.

For For Approve Use of Owner's Equity for Financial Year 2021

8

Against For Approve Remuneration of Board of Directors and Supervisory Board for Financial Year 2021

9




MSCI Inc. Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: MSCI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Henry A. Fernandez For For

For For Elect Director Robert G. Ashe 1b

For For Elect Director Wayne Edmunds 1c

For For Elect Director Catherine R. Kinney 1d

For For Elect Director Jacques P. Perold 1e

For For Elect Director Sandy C. Rattray 1f

For For Elect Director Linda H. Riefler 1g

Vote Summary Report


MSCI Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Marcus L. Smith 1h

For For Elect Director Paula Volent 1i


2


OMV Petrom SA Meeting Date: 04/27/2021 Country: Romania

Meeting Type: Annual Ticker: SNP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Financial Statements and Statutory Reports for Fiscal Year 2020

For For

For For Approve Consolidated Financial Statements and Statutory Reports for Fiscal Year 2020

2

For For Approve Annual Report for Fiscal Year 2020 3

For For Approve Allocation of Income 4.a

For For Approve Dividends' Distribution 4.b

For For Approve Provisionary Budget for Fiscal Year 2021

5

For For Approve Discharge of Management and Supervisory Boards

6


Against For Elect Rainer Seele as Supervisory Board Member

8.a

Against For Elect Johann Pleininger as Supervisory Board Member

8.b

Against For Elect Elena Skvortsova as Supervisory Board Member

8.c

Against For Elect Daniel Turnheim as Supervisory Board Member

8.d

Against For Elect Wolfram Krenn as Supervisory Board Member

8.e

For For Elect Jochen Weise as Supervisory Board Member

8.f

For For Elect Marius Stefan as Supervisory Board Member

8.g

Vote Summary Report


OMV Petrom SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect Niculae Havrilet as Supervisory Board Member

8.h

Against For Elect Razvan Eugen Nicolescu as Supervisory Board Member

8.i

For For Approve Remuneration of Supervisory Board Members and General Limits of Additional Pay

9

For For Ratify Ernst & Young Assurance Services SRL as Auditor

10.a

For For Fix Remuneration of Auditor for Fiscal Year 2021 10.b

For For Approve Meeting's Record Date and Ex-Date 11

For For Approve Dividends' Payment Date 12


13

Otis Worldwide Corporation Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: OTIS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Jeffrey H. Black For For

For For Elect Director Kathy Hopinkah Hannan 1b

For For Elect Director Shailesh G. Jejurikar 1c

For For Elect Director Christopher J. Kearney 1d

For For Elect Director Judith F. Marks 1e

For For Elect Director Harold W. McGraw, III 1f

For For Elect Director Margaret M. V. Preston 1g

For For Elect Director Shelley Stewart, Jr. 1h

For For Elect Director John H. Walker 1i


2



Vote Summary Report


PACCAR Inc Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: PCAR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Mark C. Pigott For For

For For Elect Director Dame Alison J. Carnwath 1.2

For For Elect Director Franklin L. Feder 1.3

For For Elect Director R. Preston Feight 1.4

For For Elect Director Beth E. Ford 1.5

For For Elect Director Kirk S. Hachigian 1.6

For For Elect Director Roderick C. McGeary 1.7

For For Elect Director John M. Pigott 1.8

For For Elect Director Ganesh Ramaswamy 1.9

Against For Elect Director Mark A. Schulz 1.10


For For Elect Director Gregory M. E. Spierkel 1.11

For Against Adopt Simple Majority Vote 2


Rollins, Inc. Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: ROL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Gary W. Rollins For For

For For Elect Director Harry J. Cynkus 1.2

For For Elect Director Pamela R. Rollins 1.3

For For Ratify Grant Thornton LLP as Auditors 2

For For Increase Authorized Common Stock 3

Vote Summary Report


S.N.G.N. Romgaz S.A Meeting Date: 04/27/2021 Country: Romania

Meeting Type: Annual Ticker: SNG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Receive Consolidated Board's Report for Fiscal Year 2020

For For

For For Receive Auditor's Report for Fiscal Year 2020 2

For For Receive Consolidated Auditor's Report for Fiscal Year 2020

3

For For Approve Financial Statements for Fiscal Year 2020

4

For For Approve Consolidated Financial Statements for Fiscal Year 2020

5


For For Approve Dividends' Distribution from 2020 Earnings

7

For For Approve Allocation of Retained Earnings 8

For For Approve Dividends' Distribution from Retained Earnings

9

For For Approve Dividends' Distribution from 2020 Earnings and Retained Earnings

10

For For Approve Dividends' Payment Date 11

For For Approve Level of Employee Participation from Distributable Profit

12

For For Approve Report on Directors' and Executives' Remuneration for Fiscal Year 2020

13


For For Receive Special Auditor Report 15

For For Receive Report on Payments Made to Governments

16





20

Vote Summary Report


Sandvik Aktiebolag Meeting Date: 04/27/2021 Country: Sweden

Meeting Type: Annual Ticker: SAND

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Designate Ann Grevelius as Inspector of Minutes of Meeting

2.A

For For Designate Anders Oscarsson as Inspector of Minutes of Meeting

2.B





7

For For Approve Discharge of Board Chairman Johan Molin

8.1

For For Approve Discharge of Board Member Jennifer Allerton

8.2

For For Approve Discharge of Board Member Claes Boustedt

8.3

For For Approve Discharge of Board Member Marika Fredriksson

8.4

For For Approve Discharge of Board Member Johan Karlstrom

8.5

For For Approve Discharge of Board Member Helena Stjernholm

8.6

For For Approve Discharge of Board Member Lars Westerberg

8.7

For For Approve Discharge of Board Member and CEO Stefan Widing

8.8

For For Approve Discharge of Board Member Kai Warn 8.9

For For Approve Discharge of Employee Representative Tomas Karnstrom

8.10

For For Approve Discharge of Employee Representative Thomas Lilja

8.11

For For Approve Discharge of Deputy Employee Representative Thomas Andersson

8.12

For For Approve Discharge of Deputy Employee Representative Mats Lundberg

8.13

For For Approve Discharge of Former Board Member and CEO Bjorn Rosengren

8.14

Vote Summary Report


Sandvik Aktiebolag Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


9

For For Determine Number of Directors (8) and Deputy Directors (0) of Board; Determine Number of Auditors (1) and Deputy Auditors

10

For For Approve Remuneration of Directors in the Amount of SEK 2.6 Million for Chairman and SEK 710,000 for Other Directors; Approve Remuneration for Committee Work; Approve Remuneration for Auditor

11

For For Elect Andreas Nordbrandt as New Director 12.1

For For Reelect Jennifer Allerton as Director 12.2

For For Reelect Claes Boustedt as Director 12.3

For For Reelect Marika Fredriksson as Director 12.4

For For Reelect Johan Molin as Director 12.5

Against For Reelect Helena Stjernholm as Director 12.6


For For Reelect Stefan Widing as Director 12.7

For For Reelect Kai Warn as Director 12.8

For For Reelect Johan Molin as Chairman of the Board 13



Against For Approve Performance Share Matching Plan for Key Employees

16

Voter Rationale: Performance period is less than three years.


For For Amend Articles Re: Editorial Changes to Article 1; Participation at General Meeting; Postal Voting; Share Registar

18

Sekisui House, Ltd. Meeting Date: 04/27/2021 Country: Japan


Vote Summary Report


Sekisui House, Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Allocation of Income, with a Final Dividend of JPY 39

For For

For For Amend Articles to Amend Provisions on Number of Directors - Amend Provisions on Number of Statutory Auditors

2

For For Elect Director Nakai, Yoshihiro 3.1

For For Elect Director Horiuchi, Yosuke 3.2

For For Elect Director Nishida, Kumpei 3.3

For For Elect Director Tanaka, Satoshi 3.4

For For Elect Director Miura, Toshiharu 3.5

For For Elect Director Ishii, Toru 3.6

For For Elect Director Yoshimaru, Yukiko 3.7

For For Elect Director Kitazawa, Toshifumi 3.8

For For Elect Director Nakajima, Yoshimi 3.9

For For Elect Director Takegawa, Keiko 3.10

For For Appoint Statutory Auditor Ito, Midori 4.1

For For Appoint Statutory Auditor Kobayashi, Takashi 4.2

Starwood Property Trust, Inc. Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: STWD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Richard D. Bronson For For

For For Elect Director Jeffrey G. Dishner 1.2

For For Elect Director Camille J. Douglas 1.3

For For Elect Director Solomon J. Kumin 1.4

For For Elect Director Fred Perpall 1.5

For For Elect Director Fred S. Ridley 1.6

For For Elect Director Barry S. Sternlicht 1.7

Vote Summary Report


Starwood Property Trust, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Strauss Zelnick 1.8


2


TFI International Inc. Meeting Date: 04/27/2021 Country: Canada

Meeting Type: Annual Ticker: TFII

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Leslie Abi-Karam For For

For For Elect Director Alain Bedard 1.2

For For Elect Director Andre Berard 1.3

For For Elect Director Lucien Bouchard 1.4

For For Elect Director William T. England 1.5

For For Elect Director Diane Giard 1.6

For For Elect Director Richard Guay 1.7

For For Elect Director Debra Kelly-Ennis 1.8

For For Elect Director Neil D. Manning 1.9

For For Elect Director Joey Saputo 1.10

For For Elect Director Rosemary Turner 1.11


2

The PNC Financial Services Group, Inc. Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: PNC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Joseph Alvarado For For

Vote Summary Report


The PNC Financial Services Group, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Charles E. Bunch 1b

For For Elect Director Debra A. Cafaro 1c

For For Elect Director Marjorie Rodgers Cheshire 1d

For For Elect Director David L. Cohen 1e

For For Elect Director William S. Demchak 1f

For For Elect Director Andrew T. Feldstein 1g

For For Elect Director Richard J. Harshman 1h

For For Elect Director Daniel R. Hesse 1i

For For Elect Director Linda R. Medler 1j

For For Elect Director Martin Pfinsgraff 1k

For For Elect Director Toni Townes-Whitley 1l

For For Elect Director Michael J. Ward 1m



3

Against Against Report on Risk Management and Nuclear Weapon Industry

4

Voter Rationale: The proposal is "shareholders request that the Board of Directors issue a report, at reasonable cost and omitting proprietary information, assessing the effectiveness of PNC's Environmental and Social Risk Management (ESRM) system at managing risks associated with lending, investing, and financing activities within the nuclear weapons industry." The bank has recently completed a review its exposure to companies that are connected to the nuclear weapons industry so a vote for is not warranted at this time.

The Williams Companies, Inc. Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: WMB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Alan S. Armstrong For For

For For Elect Director Stephen W. Bergstrom 1.2

For For Elect Director Nancy K. Buese 1.3

Against For Elect Director Stephen I. Chazen 1.4

For For Elect Director Charles I. Cogut 1.5

Vote Summary Report


The Williams Companies, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Michael A. Creel 1.6

For For Elect Director Stacey H. Dore 1.7

For For Elect Director Vicki L. Fuller 1.8

For For Elect Director Peter A. Ragauss 1.9

Against For Elect Director Rose M. Robeson 1.10

For For Elect Director Scott D. Sheffield 1.11

For For Elect Director Murray D. Smith 1.12

For For Elect Director William H. Spence 1.13


2


Travis Perkins Plc Meeting Date: 04/27/2021 Country: United Kingdom

Meeting Type: Annual Ticker: TPK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Elect Jasmine Whitbread as Director 4

For For Re-elect Marianne Culver as Director 5

For For Re-elect Blair Illingworth as Director 6

For For Re-elect Coline McConville as Director 7

For For Re-elect Pete Redfern as Director 8

For For Re-elect Nick Roberts as Director 9

For For Re-elect John Rogers as Director 10

For For Re-elect Alan Williams as Director 11



13

Vote Summary Report


Travis Perkins Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



15


16




19

For For Approve UK Sharesave Scheme and International Sharesave Scheme

20

For For Approve Restricted Share Plan 21

Travis Perkins Plc Meeting Date: 04/27/2021 Country: United Kingdom

Meeting Type: Special Ticker: TPK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Demerger of the Wickes Group from the Travis Perkins Group to be Implemented Through the Demerger Dividend

For For

For For Approve Share Consolidation 2

Against For Approve Deferred Annual Bonus Plan, Long Term Incentive Plan, Share Incentive Plan and Savings Related Share Option Scheme

3

Voter Rationale: one-off transitional award is not in shareholders best interests

Tribal Group Plc Meeting Date: 04/27/2021 Country: United Kingdom

Meeting Type: Annual Ticker: TRB

Vote Summary Report


Tribal Group Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Reappoint BDO LLP as Auditors 3


Against For Re-elect Richard Last as Director 5

Voter Rationale: over boarded with multiple external chairmanships.

Against For Re-elect Roger McDowell as Director 6

Voter Rationale: over boarded with multiple external chairmanships.

For For Re-elect Mark Pickett as Director 7

For For Re-elect Nigel Halkes as Director 8



10


Triton International Limited Meeting Date: 04/27/2021 Country: Bermuda

Meeting Type: Annual Ticker: TRTN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Brian M. Sondey For For

For For Elect Director Robert W. Alspaugh 1b

For For Elect Director Malcolm P. Baker 1c

For For Elect Director Annabelle Bexiga 1d

For For Elect Director Claude Germain 1e

For For Elect Director Kenneth Hanau 1f

For For Elect Director John S. Hextall 1g

Against For Elect Director Robert L. Rosner 1h

Vote Summary Report


Triton International Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Simon R. Vernon 1i


2


For For Amend Bye-Laws to Eliminate Provisions Relating to Former Sponsor Shareholders

4

Truist Financial Corporation Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: TFC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Jennifer S. Banner For Against

For For Elect Director K. David Boyer, Jr. 1b

For For Elect Director Agnes Bundy Scanlan 1c

For For Elect Director Anna R. Cablik 1d

For For Elect Director Dallas S. Clement 1e

For For Elect Director Paul D. Donahue 1f

For For Elect Director Paul R. Garcia 1g

For For Elect Director Patrick C. Graney, III 1h

For For Elect Director Linnie M. Haynesworth 1i

For For Elect Director Kelly S. King 1j

For For Elect Director Easter A. Maynard 1k

Against For Elect Director Donna S. Morea 1l

For For Elect Director Charles A. Patton 1m

For For Elect Director Nido R. Qubein 1n

Against For Elect Director David M. Ratcliffe 1o

For For Elect Director William H. Rogers, Jr. 1p

For For Elect Director Frank P. Scruggs, Jr. 1q

For For Elect Director Christine Sears 1r

For For Elect Director Thomas E. Skains 1s

Vote Summary Report


Truist Financial Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Bruce L. Tanner 1t

For For Elect Director Thomas N. Thompson 1u

For For Elect Director Steven C. Voorhees 1v



3

Ujjivan Financial Services Limited Meeting Date: 04/27/2021 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Appointment and Remuneration of Samit Ghosh as Managing Director and Chief Executive Officer

For Against

Voter Rationale: Lack of disclosure of remuneration plans.

For For Elect Sunil Vinayak Patel as Director 2

For For Elect Rajesh Kumar Jogi as Director 3

For For Reelect Abhijit Sen as Director 4

United States Steel Corporation Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: X

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Tracy A. Atkinson For For

For For Elect Director David B. Burritt 1b

For For Elect Director John J. Engel 1c

For For Elect Director John V. Faraci 1d

For For Elect Director Murry S. Gerber 1e

Vote Summary Report


United States Steel Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Jeh C. Johnson 1f

For For Elect Director Paul A. Mascarenas 1g

For For Elect Director Michael H. McGarry 1h

For For Elect Director David S. Sutherland 1j

For For Elect Director Patricia A. Tracey 1k


2



Valmont Industries, Inc. Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: VMI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Daniel P. Neary For For

For For Elect Director Theo W. Freye 1.2

For For Elect Director Stephen G. Kaniewski 1.3

For For Elect Director Joan Robinson-Berry 1.4


2



Vidrala SA Meeting Date: 04/27/2021 Country: Spain

Meeting Type: Annual Ticker: VID

Vote Summary Report


Vidrala SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Authorize Share Repurchase and Capital Reduction via Amortization of Repurchased Shares

5

For For Authorize Capitalization of Reserves for Bonus Issue

6

For For Reelect Carlos Delclaux Zulueta Astrand as Director

7


Voter Rationale: Non exec Chairman is entitled to performance based pay which conflicts with his non-executive status


Voter Rationale: Non exec Chairman is entitled to performance based pay which conflicts with his non-executive status


10


Wallenstam AB Meeting Date: 04/27/2021 Country: Sweden

Meeting Type: Annual Ticker: WALL.B

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction






7


8

Vote Summary Report


Wallenstam AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discharge of Lars-Ake Bokenberger 9.1

For For Approve Discharge of Karin Mattson 9.2

For For Approve Discharge of Anders Berntsson 9.3

For For Approve Discharge of Agneta Wallenstam 9.4

For For Approve Discharge of Mikael Soderlund 9.5

For For Approve Discharge of Ulrika Jansson Messing (Former Board Member)

9.6

For For Approve Discharge of Hans Wallenstam 9.7


10.1


10.2

For For Approve Remuneration of Board Chairman in the Amount of SEK 740,000

11.1

For For Approve Remuneration of Board Deputy Chairman in the Amount of SEK 260,000

11.2

For For Approve Remuneration of Each Board Member in the Amount of SEK 160,000

11.3


For For Reelect Lars-Ake Bokenberger as Director 12.1a

For For Reelect Karin Mattson as Director 12.1b

For For Reelect Anders Berntsson as Director 12.1c

For For Reelect Agneta Wallenstam as Director 12.1d

For For Reelect Mikael Soderlund as Director 12.1e

For For Reelect Lars-Ake Bokenberger as Board Chairman

12.2


For For Elect Chairman of Board, Hans Wallenstam, Anders Oscarsson and Dick Brenner as Members of Nominating Committee

14


15




Vote Summary Report


Warrior Met Coal, Inc. Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: HCC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Stephen D. Williams For For

For For Elect Director Ana B. Amicarella 1.2

Withhold For Elect Director J. Brett Harvey 1.3


For For Elect Director Walter J. Scheller, III 1.4

For For Elect Director Alan H. Schumacher 1.5

For For Elect Director Gareth N. Turner 1.6


2


WEG SA Meeting Date: 04/27/2021 Country: Brazil

Meeting Type: Annual Ticker: WEGE3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Capital Budget, Allocation of Income, Ratify Distribution of Dividends and Interest-on-Capital-Stock Payments

2


3




5


Vote Summary Report


WEG SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For None Elect Lucia Maria Martins Casasanta as Fiscal Council Member and Patricia Valente Stierli as Alternate Appointed by Minority Shareholder

6


7

For For Designate Newspapers to Publish Company Announcements

8

WEG SA Meeting Date: 04/27/2021 Country: Brazil

Meeting Type: Special Ticker: WEGE3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve 2-for-1 Stock Split and Amend Article 5 Accordingly

For For

For For Amend Articles to Comply with New Regulations of Novo Mercado of B3

2


Wells Fargo & Company Meeting Date: 04/27/2021 Country: USA

Meeting Type: Annual Ticker: WFC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Steven D. Black For For

For For Elect Director Mark A. Chancy 1b

For For Elect Director Celeste A. Clark 1c

For For Elect Director Theodore F. Craver, Jr. 1d

For For Elect Director Wayne M. Hewett 1e

For For Elect Director Maria R. Morris 1f

For For Elect Director Charles H. Noski 1g

For For Elect Director Richard B. Payne, Jr. 1h

Vote Summary Report


Wells Fargo & Company Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Juan A. Pujadas 1i

For For Elect Director Ronald L. Sargent 1j

For For Elect Director Charles W. Scharf 1k

For For Elect Director Suzanne M. Vautrinot 1l


2

Voter Rationale: Lack of disclosure of quantified pre-set targets or per-metric weightings.




Voter Rationale: Proposal would improve existing proxy access right for shareholders.

Against Against Amend Certificate of Incorporation to Become a Delaware Public Benefit Corporation

5


For Against Report on Incentive-Based Compensation and Risks of Material Losses

6

Voter Rationale: Shareholders would benefit from additional disclosure about employee incentive compensation programs.


Voter Rationale: The company is being asked to oversee and report a racial equity audit analyzing the adverse impacts of the company on non-white stakeholders and communities of color. We welcome the company’s existing initiatives and reporting in this area, including its diversity & inclusion reporting, $1 billion commitment to address housing affordability and current Human Rights Impact Assessment, which we understand includes a component on racial equity. However, we also note that the company's reputation has been damaged as a result of recent controversies relating to the issue. We are supportive of an audit that would help the bank identify and address any remaining gaps or areas of development in its current approach. As such, we support the proposal.

Westports Holdings Berhad Meeting Date: 04/27/2021 Country: Malaysia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Directors' Fees and Benefits For For

For For Elect Ruben Emir Gnanalingam bin Abdullah as Director

2

Vote Summary Report


Westports Holdings Berhad Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Yusli bin Mohamed Yusoff as Director 3

For For Elect Ruth Sin Ling Tsim as Director 4

For For Elect Chan Chu Wei as Director 5

For For Approve Deloitte PLT as Auditors and Authorize Board to Fix Their Remuneration

6


7

Wihlborgs Fastigheter AB Meeting Date: 04/27/2021 Country: Sweden

Meeting Type: Annual Ticker: WIHL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



For For Designate Agneta Axelsson as Inspector of Minutes of Meeting

4.1

For For Designate Lennart Mauritzson as Inspector of Minutes of Meeting

4.2




8.a


8.b

For For Approve Discharge of Anders Jarl 8.c.1

For For Approve Discharge of Tina Andersson 8.c.2

For For Approve Discharge of Sara Karlsson 8.c.3

For For Approve Discharge of Jan Litborn 8.c.4

For For Approve Discharge of Helen Olausson 8.c.5

For For Approve Discharge of Per-Ingemar Persson 8.c.6

For For Approve Discharge of Johan Qviberg 8.c.7

For For Approve Discharge of Ulrika Hallengren 8.c.8

Vote Summary Report


Wihlborgs Fastigheter AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Record Date for Dividend Payment 8.d


9

For For Approve Remuneration of Directors in the Aggregate Amount of SEK 1.8 Million; Approve Remuneration of Auditors

10

For For Reelect Anders Jarl (Chair) as Director 11.1

For For Reelect Tina Andersson as Director 11.2

For For Reelect Helen Olausson as Director 11.3

Against For Reelect Jan Litborn as Director 11.4


For For Reelect Johan Qviberg as Director 11.5

For For Elect Amela Hodzic as New Director 11.6

For For Elect Lennart Mauritzson as New Director 11.7


For For Elect Goran Hellstrom as Member of Nominating Committee

13.1

For For Reelect Elisabet Jamal Bergstrom as Member of Nominating Committee

13.2

For For Reelect Eva Gottfridsdotter-Nilsson as Member of Nominating Committee

13.3

For For Reelect Krister Euren as Member of Nominating Committee

13.4



15

For For Approve Issuance of up to 10 Percent of Share Capital without Preemptive Rights

16


Wondershare Technology Group Co., Ltd. Meeting Date: 04/27/2021 Country: China


Vote Summary Report


Wondershare Technology Group Co., Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Draft and Summary of Performance Shares Incentive Plan

For For


2


3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


1


2


3

Alcon Inc. Meeting Date: 04/28/2021 Country: Switzerland

Meeting Type: Annual Ticker: ALC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3


Voter Rationale: Against discretionary adjustments.


4.2


4.3

For For Reelect Michael Ball as Director and Board Chairman

5.1

Vote Summary Report


Alcon Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Lynn Bleil as Director 5.2

For For Reelect Arthur Cummings as Director 5.3

Against For Reelect David Endicott as Director 5.4

Voter Rationale: Against CEO joining the board.

For For Reelect Thomas Glanzmann as Director 5.5

For For Reelect Keith Grossman as Director 5.6

For For Reelect Scott Maw as Director 5.7

For For Reelect Karen May as Director 5.8

For For Reelect Ines Poeschel as Director 5.9

For For Reelect Dieter Spaelti as Director 5.10

For For Reappoint Thomas Glanzmann as Member of the Compensation Committee

6.1

For For Reappoint Keith Grossman as Member of the Compensation Committee

6.2

For For Reappoint Karen May as Member of the Compensation Committee

6.3

For For Reappoint Ines Poeschel as Member of the Compensation Committee

6.4

For For Designate Hartmann Dreyer Attorneys-at-Law as Independent Proxy

7

For For Ratify PricewaterhouseCoopers SA as Auditors 8



Alcon Inc. Meeting Date: 04/28/2021 Country: Switzerland

Meeting Type: Annual Ticker: ALC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Vote Summary Report


Ameriprise Financial, Inc. Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: AMP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director James M. Cracchiolo For For

For For Elect Director Dianne Neal Blixt 1b

For For Elect Director Amy DiGeso 1c

For For Elect Director Lon R. Greenberg 1d

For For Elect Director Jeffrey Noddle 1e

For For Elect Director Robert F. Sharpe, Jr. 1f

For For Elect Director Brian T. Shea 1g

For For Elect Director W. Edward Walter, III 1h

For For Elect Director Christopher J. Williams 1i


2


Anheuser-Busch InBev SA/NV Meeting Date: 04/28/2021 Country: Belgium

Meeting Type: Annual/Special Ticker: ABI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

A1 Authorize Repurchase of Up to 20 Percent of Issued Share Capital

For Against

Voter Rationale: The company could repurchase more than 10% of share capital with no rationale provided.

For For Approve Financial Statements, Allocation of Income, and Dividends of EUR 0.50 per Share

B5

For For Approve Discharge of Directors B6

For For Approve Discharge of Auditors B7

For For Reelect Martin J. Barrington as Director B8a

Against For Reelect William F. Gifford, Jr. as Director B8b


Vote Summary Report


Anheuser-Busch InBev SA/NV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Reelect Alejandro Santo Domingo Davila as Director

B8c


Against For Approve Remuneration policy B9

Voter Rationale: Lack of disclosure around the performance conditions attached to the plan so unable to determine its stringency,

Against For Approve Remuneration Report B10

Voter Rationale: We are not supportive of additional retention awards.

For For Approve Change-of-Control Clause Re: Revolving Credit and Swingline Facilities Agreement

B11


C12

Assa Abloy AB Meeting Date: 04/28/2021 Country: Sweden

Meeting Type: Annual Ticker: ASSA.B

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Designate Johan Hjertonsson as Inspector of Minutes of Meeting

2a

For For Designate Liselott Ledin as Inspector of Minutes of Meeting

2b





7a


7b

For For Approve Discharge of Board Chairman Lars Renstrom

7c.1

For For Approve Discharge of Carl Douglas 7c.2

For For Approve Discharge of Eva Karlsson 7c.3

Vote Summary Report


Assa Abloy AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discharge of Birgitta Klasen 7c.4

For For Approve Discharge of Lena Olving 7c.5

For For Approve Discharge of Sofia Schorling Hogberg 7c.6

For For Approve Discharge of Jan Svensson 7c.7

For For Approve Discharge of Joakim Weidemanis 7c.8

For For Approve Discharge of Employee Representative Rune Hjalm

7c.9

For For Approve Discharge of Employee Representative Mats Persson

7c.10

For For Approve Discharge of Employee Representative Bjarne Johansson

7c.11

For For Approve Discharge of Employee Representative Nadja Wikstrom

7c.12

For For Approve Discharge of President Nico Delvaux 7c.13


8

For For Approve Remuneration of Directors in the Amount of SEK 2.7 million for Chairman, SEK 1 Million for Vice Chairman and SEK 800,000 for Other Directors; Approve Remuneration for Committee Work

9a


Against For Reelect Lars Renstrom (Chairman), Carl Douglas (Vice Chair), Eva Karlsson, , Lena Olving, Sofia Schorling Hogberg and Joakim Weidemanis as Directors; Elect Johan Hjertonsson and Susanne Pahlen Aklundh as New Directors

10

Voter Rationale: Despite some board refreshment this year, independence is still a concern and we are not supportive of a bundled director resolution.

For For Ratify Ernst & Young as Auditors 11


For For Authorize Class B Share Repurchase Program and Reissuance of Repurchased Shares

13

Against For Approve Performance Share Matching Plan LTI 2021

14

Voter Rationale: We are not supportive of LTIPs that have a performance period of less than three years.

Atlantia SpA Meeting Date: 04/28/2021 Country: Italy

Meeting Type: Annual/Special Ticker: ATL

Vote Summary Report


Atlantia SpA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For None Slate 1 Submitted by Sintonia SpA 2a.1


2a.2

Voter Rationale: Supportive of management slate

For For Approve Internal Auditors' Remuneration 2b

Against None Elect Nicola Verdicchio as Director 3.1

Voter Rationale: Supportive of candidate put forward by Assogestioni

For None Elect Andrea Brentan as Director 3.2

For For Approve Stock Grant Plan 2021-2023 4



5b

Voter Rationale: Excessive termination payments.


A


For For Amend Company Bylaws Re: Article 8 1a

For For Amend Company Bylaws Re: Article 20 1b

For For Amend Company Bylaws Re: Article 23 1c

For For Amend Company Bylaws Re: Articles 26 and 28 1d

ATRESMEDIA Corporacion de Medios de Comunicacion SA Meeting Date: 04/28/2021 Country: Spain

Meeting Type: Annual Ticker: A3M

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


ATRESMEDIA Corporacion de Medios de Comunicacion SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction





2

For For Elect Rosa Maria Lleal Tost as Director 3.1

For For Elect Beatriz Roger Torres as Director 3.2

For For Approve Long Term Incentive Plan 4.1



5


Ball Corporation Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: BLL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director John A. Bryant For Withhold

Voter Rationale: Nominee failed to opt-out of the amendment to Indiana Business law that resulted in a perpetually-classified board.

Withhold For Elect Director Michael J. Cave 1.2


For For Elect Director Daniel W. Fisher 1.3

Withhold For Elect Director Pedro Henrique Mariani 1.4





3

Vote Summary Report


Banca Transilvania SA Meeting Date: 04/28/2021 Country: Romania

Meeting Type: Annual Ticker: TLV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Ioana Olanescu, Gabriel Goga, Flavia Vandor, and Ioan Sumandea Simionescu as Secretary of Meeting

For For

For For Approve Financial Statements and Statutory Reports for Fiscal Year 2020

2



For For Approve Provisionary Budget and Investment Program for Fiscal Year 2021

5

For For Approve Remuneration of Directors and General Limits for Additional Remuneration of Directors

6


Voter Rationale: Lack of transparency so unable to assess the stretch of the plan.



9

Banca Transilvania SA Meeting Date: 04/28/2021 Country: Romania

Meeting Type: Extraordinary Shareholders Ticker: TLV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Ioana Olanescu, Gabriel Goga, Flavia Vandor, and Ioan Sumandea Simionescu to Meeting Secretariat

For For

For For Approve Capital Increase in the Maximum Amount of RON 573 Million Through Capitalization of Reserves

2

Against For Authorize Share Repurchase Program for the Purpose of Remuneration Plans

3

Voter Rationale: Performance conditions have not been disclosed.

Vote Summary Report


Banca Transilvania SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Change Location of Registered Headquarters and Amend Article 4 of Bylaws Accordingly

4


For For Approve Payment Date 6


7

Banco del Bajio SA, Institucion de Banca Multiple Meeting Date: 04/28/2021 Country: Mexico

Meeting Type: Annual Ticker: BBAJIOO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Approve Report of Audit and Corporate Practices Committee

For For

For For Approve Board's Opinion on CEO's Report 1.2

For For Approve Auditor's Report 1.3

For For Approve Commissioner's Report 1.4

For For Approve Board's Report on Policies and Accounting Criteria Followed in Preparation of Financial Information

1.5

For For Approve Report on Operations and Activities Undertaken by Board

1.6


2


For For Approve Cash Dividends 4

For For Set Maximum Amount of Share Repurchase for FY 2021; Approve Board's Report on Share Repurchase for FY 2020

5

For For Elect Salvador Onate Ascencio as Director 6.1a

For For Elect Gerardo Plascencia Reyes as Alternate Director

6.1b

For For Elect Hector Armando Martinez Martinez as Director

6.1c

For For Elect Alejandro Martinez Martinez as Alternate Director

6.1d

For For Elect Jose Harari Uziel as Director 6.1e

Vote Summary Report


Banco del Bajio SA, Institucion de Banca Multiple Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Carlos Minvielle Lagos as Alternate Director

6.1f

For For Elect Salvador Onate Barron as Director 6.1g

For For Elect Javier Marina Tanda as Alternate Director 6.1h

For For Elect Carlos de la Cerda Serrano as Director 6.1i

For For Elect Fabian Federico Uribe Fernandez as Alternate Director

6.1j

For For Elect Barbara Jean Mair Rowberry as Director 6.1k

For For Elect Jorge Arturo Martinez Gonzalez as Director 6.1l

For For Elect Jose Oliveres Vidal as Director 6.1m

For For Elect Gabriel Ramirez Fernandez as Director 6.1n

For For Elect Fernando de Ovando Pacheco as Director 6.1o

For For Elect Dan Ostrosky Shejet as Director 6.1p

For For Elect Alfredo Emilio Colin Babio as Director 6.1q

For For Elect Ramon Santoyo Vazquez as Director 6.1r

For For Elect Genaro Carlos Leal Martinez as Honorary Director

6.1s

For For Elect Benjamin Zermeno Padilla as Honorary Director

6.1t

For For Elect Rolando Uziel Candiotti as Honorary Director

6.1u


For For Elect Salvador Onate Ascencio as Board Chairman

7.1a

For For Elect Blanca Veronica Casillas Placencia as Secretary (Non-Member) of Board

7.1b

For For Elect Eduardo Gomez Navarro as Commissioner 7.1c

For For Elect Arturo Rabago Fonseca as Alternate Commissioner

7.1d

For For Ratify Gabriel Ramirez Fernandez as Chairman of Audit and Corporate Practices Committee

8

For For Authorize Joaquin David Dominguez Cuenca and or Blanca Veronica Casillas Placencia to Ratify and Execute Approved Resolutions

9

Vote Summary Report


Banco do Brasil SA Meeting Date: 04/28/2021 Country: Brazil

Meeting Type: Special Ticker: BBAS3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Share Matching Plan For Against

Voter Rationale: Performance conditions are not disclosed.









Banco do Brasil SA Meeting Date: 04/28/2021 Country: Brazil

Meeting Type: Annual Ticker: BBAS3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Aramis Sa de Andrade as Director For Against


Against For Elect Debora Cristina Fonseca as Director (Employee Representative)

1.2


Against For Elect Fausto de Andrade Ribeiro as Director 1.3


Against For Elect Ieda Aparecida de Moura Cagni as Director 1.4


Against For Elect Waldery Rodrigues Junior as Director 1.5


Vote Summary Report


Banco do Brasil SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect Walter Eustaquio Ribeiro as Director 1.6


Abstain None Elect Fernando Florencio Campos as Director as Minority Representative Under Majority Board Election

1.7

Voter Rationale: Can only support two nominess.

For None Elect Paulo Roberto Evangelista de Lima as Director as Minority Representative Under Majority Board Election

1.8

For None Elect Rachel de Oliveira Maia as Director as Minority Representative Under Majority Board Election

1.9

Abstain None Elect Robert Jueneman as Director as Minority Representative Under Majority Board Election

1.10

Voter Rationale: Can only support two nominees.


2

Voter Rationale: Lack of transparency around the cumulative voting process

Abstain None Percentage of Votes to Be Assigned - Elect Aramis Sa de Andrade as Director

3.1


Abstain None Percentage of Votes to Be Assigned - Elect Debora Cristina Fonseca as Director (Employee Representative)

3.2


Abstain None Percentage of Votes to Be Assigned - Elect Fausto de Andrade Ribeiro as Director

3.3


Abstain None Percentage of Votes to Be Assigned - Elect Ieda Aparecida de Moura Cagni as Director

3.4


Abstain None Percentage of Votes to Be Assigned - Elect Waldery Rodrigues Junior as Director

3.5


Abstain None Percentage of Votes to Be Assigned - Elect Walter Eustaquio Ribeiro as Director

3.6


Abstain None Percentage of Votes to Be Assigned - Elect Fernando Florencio Campos as Director Appointed by Minority Shareholder

3.7


Vote Summary Report


Banco do Brasil SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Abstain None Percentage of Votes to Be Assigned - Elect Paulo Roberto Evangelista de Lima as Independent Director Appointed by Minority Shareholder

3.8


Abstain None Percentage of Votes to Be Assigned - Elect Rachel de Oliveira Maia as Director Appointed by Minority Shareholder

3.9


Abstain None Percentage of Votes to Be Assigned - Elect Robert Jueneman as Director as Minority Representative Under Majority Board Election

3.10


For For Elect Lucas Pereira do Couto Ferraz as Fiscal Council Member

4.1

For For Elect Rafael Cavalcanti de Araujo as Fiscal Council Member and Lena Oliveira de Carvalho as Alternate

4.2

For For Elect Samuel Yoshiaki Oliveira Kinoshita as Fiscal Council Member

4.3

For None Elect Aloisio Macario Ferreira de Souza as Fiscal Council Member and Tiago Brasil Rocha as Alternate as Minority Representative Under Majority Fiscal Council Election

4.4

For None Elect Carlos Alberto Rechelo Neto as Fiscal Council Member and Sueli Berselli Marinho as Alternate as Minority Representative Under Majority Fiscal Council Election

4.5

For For Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2020

5



7


8

For For Approve Remuneration of Audit Committee Members

9


10



11

Vote Summary Report


BIM Birlesik Magazalar AS Meeting Date: 04/28/2021 Country: Turkey

Meeting Type: Annual Ticker: BIMAS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Open Meeting, Elect Presiding Council of Meeting and Authorize Presiding Council to Sign Minutes of Meeting

For For






For For Elect Directors and Approve Their Remuneration 7

For For Grant Permission for Board Members to Engage in Commercial Transactions with Company and Be Involved with Companies with Similar Corporate Purpose and Receive Information in Accordance to Article 1.3.6 of Corporate Governance Principles

8


BorgWarner Inc. Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: BWA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1A Elect Director Nelda J. Connors For For

For For Elect Director Dennis C. Cuneo 1B

For For Elect Director David S. Haffner 1C

For For Elect Director Michael S. Hanley 1D

For For Elect Director Frederic B. Lissalde 1E

For For Elect Director Paul A. Mascarenas 1F

For For Elect Director Shaun E. McAlmont 1G

Vote Summary Report


BorgWarner Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Deborah D. McWhinney 1H

For For Elect Director Alexis P. Michas 1I


2


For Against Reduce Ownership Threshold for Shareholders to Request Action by Written Consent

4


British American Tobacco plc Meeting Date: 04/28/2021 Country: United Kingdom

Meeting Type: Annual Ticker: BATS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Voter Rationale: continued increases in fixed pay.



4

Against For Re-elect Luc Jobin as Director 5

Voter Rationale: Continued remuneration failures.

For For Re-elect Jack Bowles as Director 6

For For Re-elect Tadeu Marroco as Director 7

For For Re-elect Sue Farr as Director 8

Abstain For Re-elect Jeremy Fowden as Director 9

Voter Rationale: Resolution withdrawn.

For For Re-elect Dr Marion Helmes as Director 10

For For Re-elect Holly Keller Koeppel as Director 11

For For Re-elect Savio Kwan as Director 12

Vote Summary Report


British American Tobacco plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Re-elect Dimitri Panayotopoulos as Director 13

Voter Rationale: Continued remuneration failures.

For For Elect Karen Guerra as Director 14

For For Elect Darrell Thomas as Director 15



17



19


20

Capital Ltd. Meeting Date: 04/28/2021 Country: Bermuda

Meeting Type: Annual Ticker: CAPD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Voter Rationale: Executive Chair received a discretionary, transaction-related bonus

For For Re-elect Alexander Davidson as Director 3

For For Re-elect David Abery as Director 4

For For Re-elect Michael Rawlinson as Director 5

For For Re-elect Jamie Boyton as Director 6

For For Re-elect Brian Rudd as Director 7

For For Ratify BDO LLP as Auditors 8

For For Authorise Board to Fix Remuneration of the Auditors

9



11

Vote Summary Report


Capital Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Authorise Market Purchase of Common Shares 12

Capral Ltd. Meeting Date: 04/28/2021 Country: Australia

Meeting Type: Annual Ticker: CAA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Rex Wood-Ward as Director For For

For For Elect Katherine Ostin as Director 2


For For Approve Issuance of Share Rights to Anthony Dragicevich

4

Capstone Mining Corp. Meeting Date: 04/28/2021 Country: Canada

Meeting Type: Annual/Special Ticker: CS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Fix Number of Directors at Eight For For

For For Elect Director George Brack 2.1

For For Elect Director Robert Gallagher 2.2

For For Elect Director Anne Giardini 2.3

For For Elect Director Peter Meredith 2.4

For For Elect Director Dale Peniuk 2.5

For For Elect Director Darren Pylot 2.6

For For Elect Director SeungWan Shon 2.7

For For Elect Director Richard Zimmer 2.8

For For Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration

3

Vote Summary Report


Capstone Mining Corp. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Treasury Share Unit Plan 4

Voter Rationale: Problematic change-in-control provision.


5

Centennial Resource Development, Inc. Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: CDEV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Karl E. Bandtel For Against

Voter Rationale: Failure to remove the classified board structure.

Against For Elect Director Matthew G. Hyde 1b

Voter Rationale: Failure to remove the classified board structure.

For For Elect Director Jeffrey H. Tepper 1c


2


China Longyuan Power Group Corporation Limited Meeting Date: 04/28/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Tian Shaolin as Director For For

For For Elect Shao Junjie as Supervisor 2

Cigna Corporation Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: CI

Vote Summary Report


Cigna Corporation

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director David M. Cordani For For

For For Elect Director William J. DeLaney 1b

For For Elect Director Eric J. Foss 1c

For For Elect Director Elder Granger 1d

For For Elect Director Isaiah Harris, Jr. 1e

For For Elect Director George Kurian 1f

For For Elect Director Kathleen M. Mazzarella 1g

For For Elect Director Mark B. McClellan 1h

For For Elect Director John M. Partridge 1i

For For Elect Director Kimberly A. Ross 1j

For For Elect Director Eric C. Wiseman 1k

For For Elect Director Donna F. Zarcone 1l


2





Voter Rationale: This proposal is would enhance shareholder rights.

For Against Report on Gender Pay Gap 6

Voter Rationale: The company is asked to publish a gender pay gap report annually. We welcome the company's existing commitments to diversity and equitable pay and its disclosure and targets in this area. We believe that pay gaps are more likely to fall if transparency across the industry is improved. We therefore support the resolution.

Against Against Disclose Board Matrix Including Ideological Perspectives

7

Cleveland-Cliffs Inc. Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: CLF

Vote Summary Report


Cleveland-Cliffs Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Lourenco Goncalves For For

For For Elect Director Douglas C. Taylor 1.2

For For Elect Director John T. Baldwin 1.3

For For Elect Director Robert P. Fisher, Jr. 1.4

For For Elect Director William K. Gerber 1.5

For For Elect Director Susan M. Green 1.6

For For Elect Director M. Ann Harlan 1.7

For For Elect Director Ralph S. Michael, III 1.8

For For Elect Director Janet L. Miller 1.9

For For Elect Director Eric M. Rychel 1.10

For For Elect Director Gabriel Stoliar 1.11

For For Elect Director Arlene M. Yocum 1.12

For For Increase Authorized Common Stock 2

For For Amend Non-Employee Director Restricted Stock Plan

3



5

Voter Rationale: NEOs were awarded relatively large one-time discretionary bonuses for achievements already considered in the qualitative assessment.


CNA Financial Corporation Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: CNA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Michael A. Bless For For

For For Elect Director Jose O. Montemayor 1.2

For For Elect Director Don M. Randel 1.3

Vote Summary Report


CNA Financial Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Andre Rice 1.4

Withhold For Elect Director Dino E. Robusto 1.5

Voter Rationale: The nominee is chair of the board and the company lacks a formal nominating committee.

For For Elect Director Kenneth I. Siegel 1.6

For For Elect Director Andrew H. Tisch 1.7

For For Elect Director Benjamin J. Tisch 1.8

For For Elect Director James S. Tisch 1.9

For For Elect Director Jane J. Wang 1.10


2

Voter Rationale: LTI and STI use identical financial metrics and one-year performance period.



Companhia Brasileira de Distribuicao Meeting Date: 04/28/2021 Country: Brazil

Meeting Type: Special Ticker: PCAR3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Authorize Capitalization of Reserves without Issuance of Shares and Amend Article 4 Accordingly

For For

Against For Add Article 39 Re: Indemnity Provision 2

Voter Rationale: Lack of transparency so unable to make an informed decision



4

Companhia Brasileira de Distribuicao Meeting Date: 04/28/2021 Country: Brazil

Meeting Type: Annual Ticker: PCAR3

Vote Summary Report


Companhia Brasileira de Distribuicao

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3

Voter Rationale: Lack of transparency around all aspects of remuneration so unable to accurately assess pay for performance alignment.


4


5

CoreLogic, Inc. Meeting Date: 04/28/2021 Country: USA

Meeting Type: Special Ticker: CLGX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



CPPGroup Plc Meeting Date: 04/28/2021 Country: United Kingdom

Meeting Type: Annual Ticker: CPP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Re-elect Mark Hamlin as Director 2

For For Re-elect Tim Elliott as Director 3

Vote Summary Report


CPPGroup Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Oliver Laird as Director 4

For For Elect David Morrison as Director 5

For For Elect Simon Thompson as Director 6






11



Deluxe Corporation Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: DLX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director William C. Cobb For For

For For Elect Director Paul R. Garcia 1.2

For For Elect Director Cheryl E. Mayberry McKissack 1.3

For For Elect Director Barry C. McCarthy 1.4

For For Elect Director Don J. McGrath 1.5

For For Elect Director Thomas J. Reddin 1.6

For For Elect Director Martyn R. Redgrave 1.7

For For Elect Director John L. Stauch 1.8

For For Elect Director Victoria A. Treyger 1.9


2


Vote Summary Report


DraftKings Inc. Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: DKNG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Jason D. Robins For Withhold

Voter Rationale: Against dual-class capital structure.

Withhold For Elect Director Harry Evans Sloan 1.2

Voter Rationale: Against dual-class capital structure.

For For Elect Director Matthew Kalish 1.3

For For Elect Director Paul Liberman 1.4

For For Elect Director Woodrow H. Levin 1.5

For For Elect Director Shalom Meckenzie 1.6

For For Elect Director Jocelyn Moore 1.7

For For Elect Director Ryan R. Moore 1.8

For For Elect Director Valerie Mosley 1.9

For For Elect Director Steven J. Murray 1.10

Withhold For Elect Director Hany M. Nada 1.11

Voter Rationale: Chair of the compensation committee and no say-on-pay proposal.

For For Elect Director John S. Salter 1.12

For For Elect Director Marni M. Walden 1.13

For For Ratify BDO USA, LLP as Auditors 2




Duke Realty Corporation Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: DRE

Vote Summary Report


Duke Realty Corporation

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director John P. Case For For

For For Elect Director James B. Connor 1b

For For Elect Director Tamara D. Fischer 1c

For For Elect Director Norman K. Jenkins 1d

For For Elect Director Kelly T. Killingsworth 1e

For For Elect Director Melanie R. Sabelhaus 1f

For For Elect Director Peter M. Scott, III 1g

For For Elect Director David P. Stockert 1h

For For Elect Director Chris T. Sultemeier 1i

For For Elect Director Michael E. Szymanczyk 1j

For For Elect Director Warren M. Thompson 1k

For For Elect Director Lynn C. Thurber 1l


2



DuPont de Nemours, Inc. Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: DD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Amy G. Brady For For

For For Elect Director Edward D. Breen 1b

For For Elect Director Ruby R. Chandy 1c

For For Elect Director Franklin K. Clyburn, Jr. 1d

For For Elect Director Terrence R. Curtin 1e

For For Elect Director Alexander M. Cutler 1f

For For Elect Director Eleuthere I. du Pont 1g

Vote Summary Report


DuPont de Nemours, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Luther C. Kissam 1h

For For Elect Director Frederick M. Lowery 1i

For For Elect Director Raymond J. Milchovich 1j

For For Elect Director Deanna M. Mulligan 1k

For For Elect Director Steven M. Sterin 1l


2


For For Reduce Ownership Threshold for Shareholders to Call Special Meeting

4



For Against Adopt Policy to Annually Disclose EEO-1 Data 6

Voter Rationale: The company is being asked to disclose its Consolidated EEO-1 Report on its website. A vote for this resolution is given as increased information on workforce diversity is welcomed particularly given the ease of being able to report this publicly as already required to submit this report to the EEOC.

For Against Report on Plastic Pollution 7

Voter Rationale: The company is being asked to issue an annual report on plastic pollution, including the assessment of efforts to reduce plastic material contamination of the environment. A vote for this resolution is given as increased information on how the company is managing plastic materials and the risk they pose to environment is welcome.

Eaton Corporation plc Meeting Date: 04/28/2021 Country: Ireland

Meeting Type: Annual Ticker: ETN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Craig Arnold For For

Against For Elect Director Christopher M. Connor 1b

For For Elect Director Olivier Leonetti 1c

For For Elect Director Deborah L. McCoy 1d

For For Elect Director Silvio Napoli 1e

Against For Elect Director Gregory R. Page 1f

For For Elect Director Sandra Pianalto 1g

Vote Summary Report


Eaton Corporation plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Lori J. Ryerkerk 1h

For For Elect Director Gerald B. Smith 1i

Against For Elect Director Dorothy C. Thompson 1j

Against For Approve Ernst & Young LLP as Auditors and Authorize Board to Fix Their Remuneration

2


3

For For Authorize Issue of Equity with Pre-emptive Rights

4

For For Authorize Issue of Equity without Pre-emptive Rights

5

For For Authorize Share Repurchase of Issued Share Capital

6

Empresas Copec SA Meeting Date: 04/28/2021 Country: Chile

Meeting Type: Annual Ticker: COPEC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Dividends of USD 0.05 Per Share 2




For For Approve Remuneration and Budget of Directors' Committee; Present Report on Directors' Committee Activities

5

For For Appoint PwC as Auditors 6

For For Designate Fitch Chile Clasificadora de Riesgo Limitada and Feller Rate Clasificadora de Riesgo Limitada as Risk Assessment Companies

7

Vote Summary Report


Enel Chile SA Meeting Date: 04/28/2021 Country: Chile

Meeting Type: Annual Ticker: ENELCHILE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Herman Chadwick Pinera as Director Nominated by Enel S.p.A.

3.A

For For Elect Isabella Alessio as Director Nominated by Enel S.p.A.

3.B

For For Elect Salvatore Bernabei as Director Nominated by Enel S.p.A.

3.C

For For Elect Monica Girardi as Director Nominated by Enel S.p.A.

3.D

For For Elect Fernan Gazmuri Plaza as Director Nominated by Enel S.p.A.

3.E

For For Elect Pablo Cabrera Gaete as Director Nominated by Enel S.p.A.

3.F


For For Approve Remuneration of Directors' Committee and Approve Their Budget

5


For For Elect Two Supervisory Account Inspectors and their Alternates; Approve their Remuneration

8






15

Energisa SA Meeting Date: 04/28/2021 Country: Brazil

Meeting Type: Special Ticker: ENGI4

Vote Summary Report


Energisa SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Energisa SA Meeting Date: 04/28/2021 Country: Brazil

Meeting Type: Annual Ticker: ENGI4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For None Elect Franklin Jambin Ma as Alternate Director Appointed by Preferred Shareholder

3


4



6


For None Elect Vania Andrade de Souza as Fiscal Council Member and Antonio Eduardo Bertolo as Alternate Appointed by Preferred Shareholder

7

ENGIE Brasil Energia SA Meeting Date: 04/28/2021 Country: Brazil

Meeting Type: Annual Ticker: EGIE3

Vote Summary Report


ENGIE Brasil Energia SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Approve Employees' Bonuses 4


5


6

Epiroc AB Meeting Date: 04/28/2021 Country: Sweden

Meeting Type: Annual Ticker: EPI.A

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Designate Petra Hedengran (Investor AB) as Inspector of Minutes of Meeting

2.a

For For Designate Mikael Wiberg (Alecta) as Inspector of Minutes of Meeting

2.b





7.a

For For Approve Discharge of Lennart Evrell 7.b1

For For Approve Discharge of Johan Forssell 7.b2

For For Approve Discharge of Helena Hedblom (as Board Member)

7.b3

For For Approve Discharge of Jeane Hull 7.b4

For For Approve Discharge of Ronnie Leten 7.b5

Vote Summary Report


Epiroc AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discharge of Per Lindberg (as Board Member)

7.b6

For For Approve Discharge of Ulla Litzen 7.b7

For For Approve Discharge of Sigurd Mareels 7.b8

For For Approve Discharge of Astrid Skarheim Onsum 7.b9

For For Approve Discharge of Anders Ullberg 7.b10

For For Approve Discharge of Niclas Bergstrom 7.b11

For For Approve Discharge of Gustav El Rachidi 7.b12

For For Approve Discharge of Kristina Kanestad 7.b13

For For Approve Discharge of Bengt Lindgren 7.b14

For For Approve Discharge of Daniel Rundgren 7.b15

For For Approve Discharge of Helena Hedblom (as CEO) 7.b16

For For Approve Discharge of Per Lindberg (as CEO) 7.b17


7.c

For For Approve Remuneration Report 7.d

For For Determine Number of Members (9) and Deputy Members of Board

8.a

For For Determine Number of Auditors (1) and Deputy Auditors

8.b

For For Reelect Lennart Evrell as Director 9.a1

Against For Reelect Johan Forssell as Director 9.a2


For For Reelect Helena Hedblom as Director 9.a3

For For Reelect Jeane Hull as Director 9.a4

For For Reelect Ronnie Leten as Director 9.a5

For For Reelect Ulla Litzen as Director 9.a6

For For Reelect Sigurd Mareels as Director 9.a7

For For Reelect Astrid Skarheim Onsum as Director 9.a8

Against For Reelect Anders Ullberg as Director 9.a9


For For Reelect Ronnie Leten as Board Chairman 9.b

Against For Ratify Deloitte as Auditors 9.c

Voter Rationale: Auditor tenure exceeds 10 years with no evidence of the company completing a tender process.

Vote Summary Report


Epiroc AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Remuneration of Directors in the Amount of SEK 2.13 Million for Chair and SEK 665,000 for Other Directors; Approve Partly Remuneration in Synthetic Shares; Approve Remuneration for Committee Work

10.a


For For Approve Stock Option Plan 2021 for Key Employees

11

For For Approve Equity Plan Financing Through Repurchase of Class A Shares

12.a

For For Approve Repurchase of Shares to Pay 50 Percent of Director's Remuneration in Synthetic Shares

12.b

For For Approve Equity Plan Financing Through Transfer of Class A Shares to Participants

12.c

For For Approve Sale of Class A Shares to Finance Director Remuneration in Synthetic Shares

12.d

For For Approve Sale of Class A Shares to Finance Stock Option Plan 2016, 2017 and 2018

12.e

For For Approve 2:1 Stock Split; Approve SEK 250 Million Reduction in Share Capital via Share Cancellation; Approve Capitalization of Reserves of SEK 250 Million

13

Estacio Participacoes SA Meeting Date: 04/28/2021 Country: Brazil

Meeting Type: Annual Ticker: YDUQ3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2





Vote Summary Report


Estacio Participacoes SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


7


Abstain None As an Ordinary Shareholder, Would You Like to Request a Separate Election of a Member of the Fiscal Council, Under the Terms of Article 161 of the Brazilian Corporate Law?

8

Voter Rationale: No fiscal candidate had been put forward at the time of voting.


9


10

Estacio Participacoes SA Meeting Date: 04/28/2021 Country: Brazil

Meeting Type: Special Ticker: YDUQ3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Articles 6 and 7 For For


For For Amend Articles 15, 16, and 18 3





FDM Group (Holdings) Plc Meeting Date: 04/28/2021 Country: United Kingdom

Meeting Type: Annual Ticker: FDM

Vote Summary Report


FDM Group (Holdings) Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Amend 2014 Performance Share Plan 5

For For Approve Buy-As-You-Earn Plan 6

For For Re-elect Andrew Brown as Director 7

For For Re-elect Rod Flavell as Director 8

For For Re-elect Sheila Flavell as Director 9

For For Re-elect Michael McLaren as Director 10

For For Re-elect Alan Kinnear as Director 11

For For Re-elect David Lister as Director 12

For For Re-elect Jacqueline de Rojas as Director 13

For For Re-elect Michelle Senecal de Fonseca as Director

14

For For Re-elect Peter Whiting as Director 15


16




19

For For Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Another Capital Investment

20



22

FinecoBank SpA Meeting Date: 04/28/2021 Country: Italy

Meeting Type: Annual/Special Ticker: FBK

Vote Summary Report


FinecoBank SpA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Alessandra Pasini as Director 3

For For Appoint Internal Statutory Auditors 4


5



7

For For Approve 2021 Incentive System for Employees 8

For For Approve 2021-2023 Long Term Incentive Plan for Employees

9

For For Approve 2021 Incentive System for Personal Financial Advisors

10

For For Authorize Share Repurchase Program and Reissuance of Repurchased Shares to Service the 2021 PFA System

11

For For Authorize Board to Increase Capital to Service 2021 Incentive System

1

For For Authorize Board to Increase Capital to Service 2020 Incentive System

2

For For Authorize Board to Increase Capital to Service 2021-2023 Long Term Incentive Plan

3

Fintel Plc Meeting Date: 04/28/2021 Country: United Kingdom

Meeting Type: Annual Ticker: FNTL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Ken Davy as Director 3

Vote Summary Report


Fintel Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Neil Stevens as Director 4

For For Re-elect Matt Timmins as Director 5

For For Re-elect Tim Clarke as Director 6

For For Re-elect Gary Hughes as Director 7

For For Elect David Thompson as Director 8

For For Elect Imogen Joss as Director 9

For For Reappoint KPMG as Auditors 10



12

Against For Approve the Lease of Fintel House, St. Andrews Road, Huddersfield, England, HD1 6NA Dated 13 February 2020 Between SimplyBiz Limited and Portus Felix Limited

13


Against For Approve the Entry Into the Lease of Fintel House, St. Andrews Road, Huddersfield, England, HD1 6NA, a Property Which is Indirectly Owned by Ken Davy in Accordance With the Provisions of Section 190 of the Companies Act 2006

14




16


17

For For Authorise Issue of Equity without Pre-emptive Rights Pursuant to the Member Share Option Plan

18



20

Fortum Oyj Meeting Date: 04/28/2021 Country: Finland

Meeting Type: Annual Ticker: FORTUM

Vote Summary Report


Fortum Oyj

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


8



For For Approve Remuneration of Directors in the Amount of EUR 77,200 for Chair, EUR 57,500 for Deputy Chair and EUR 40,400 for Other Directors; Approve Remuneration for Committee Work; Approve Meeting Fees

11


For For Reelect Essimari Kairisto, Anja McAlister (Deputy Chair), Teppo Paavola, Veli-Matti Reinikkala (Chair), Philipp Rosler and Annette Stube as Directors; Elect Luisa Delgado as New Director

13



Voter Rationale: Auditor tenure exceeds 10 years with no evidence of a tender process having been completed.



For For Approve Charitable Donations 18

Galapagos NV Meeting Date: 04/28/2021 Country: Belgium

Meeting Type: Annual Ticker: GLPG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Approve Discharge of Directors and Auditors 6

Vote Summary Report


Galapagos NV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Katrine Bosley as Independent Member of the Supervisory Board

8(i)

Against For Reelect Raj Parekh as Member of the Supervisory Board

8(ii)

Getlink SE Meeting Date: 04/28/2021 Country: France

Meeting Type: Annual/Special Ticker: GET

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3


4


5

For For Ratify Appointment of Carlo Bertazzo as Director 6

For For Elect Yann Leriche as Director 7

For For Approve Amendment of Remuneration Policy of CEO Re: FY 2020

8

For For Approve Amendment of Remuneration Policy of Chairman and CEO Re: FY 2020

9


For For Approve Compensation of Jacques Gounon, Chairman and CEO Re: First Semester of the Fiscal Year

11

For For Approve Compensation of Yann Leriche, CEO Re: Second Semester of the Fiscal Year

12

For For Approve Compensation of Jacques Gounon, Chairman of the Board Re: Second Semester of the Fiscal Year

13

For For Approve Compensation of Francois Gauthey, Vice-CEO

14


15

Vote Summary Report


Getlink SE Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



17

For For Authorize up to 370,000 Shares for Use in Restricted Stock Plans

18

For For Authorize up to 300,000 Shares for Use in Restricted Stock Plans Reserved for Employees and Corporate Officers With Performance Conditions Attached

19

For For Ratify Amendment of Terms of Warrants Issuance (LTI 2018)

20


21


22

For For Set Total Limit for Capital Increase to Result from Issuance Requests Under Item 21 and 22 at EUR 88 Million

23


24


25

For For Amend Article 37 of Bylaws Re: Remove Reference to Preferred Shares D

26


27

Grafton Group Plc Meeting Date: 04/28/2021 Country: Ireland

Meeting Type: Annual Ticker: GFTU

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Michael Roney as Director 3a

For For Re-elect Paul Hampden Smith as Director 3b

For For Re-elect Susan Murray as Director 3c

Vote Summary Report


Grafton Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Vincent Crowley as Director 3d

For For Re-elect Rosheen McGuckian as Director 3e

For For Re-elect David Arnold as Director 3f

For For Re-elect Gavin Slark as Director 3g





7



9

For For Authorise Market Purchase of Shares 10

For For Determine the Price Range at which Treasury Shares may be Re-issued Off-Market

11


For For Approve 2021 SAYE Plan 13

For For Approve 2021 Long Term Incentive Plan 14

Greencoat UK Wind Plc Meeting Date: 04/28/2021 Country: United Kingdom

Meeting Type: Annual Ticker: UKW

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Approve Dividend Policy 3



For For Re-elect William Rickett as Director 6

Vote Summary Report


Greencoat UK Wind Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Shonaid Jemmett-Page as Director 7

For For Re-elect Martin McAdam as Director 8

For For Re-elect Lucinda Riches as Director 9

For For Re-elect Caoimhe Giblin as Director 10



12


Grupo Televisa SAB Meeting Date: 04/28/2021 Country: Mexico

Meeting Type: Annual/Special Ticker: TLEVISACPO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect or Ratify Jose Antonio Chedraui Eguia as Director Representing Series L Shareholders

For For

For For Elect or Ratify Sebastian Mejia as Director Representing Series L Shareholders

1.2

For For Elect or Ratify Raul Morales Medrano as Alternate Director Representing Series L Shareholders

1.3


2

Against For Elect or Ratify David M. Zaslav as Director Representing Series D Shareholders

1.1


For For Elect or Ratify Enrique Francisco Jose Senior Hernandez as Director Representing Series D Shareholders

1.2

For For Elect or Ratify Raul Morales Medrano as Alternate Director Representing Series D Shareholders

1.3

For For Elect or Ratify Herbert Allen III as Alternate Director Representing Series D Shareholders

1.4


2

For For Present Financial Statements and Statutory Reports

1

Vote Summary Report


Grupo Televisa SAB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Present Board's Report on Principal Policies and Accounting Criteria Followed in Preparation of Financial Information

2

For For Present Report on Activities and Operations Undertaken by Board

3

For For Present Report of Audit Committee 4

For For Present Report of Corporate Practices Committee

5


6


For For Set Aggregate Nominal Amount of Share Repurchase Reserve; Receive Report on Policies and Board's Decisions on Share Repurchase and Sale of Treasury Shares

8

For For Elect or Ratify Emilio Fernando Azcarraga Jean as Director Representing Series A Shareholders

9.1

For For Elect or Ratify Alfonso de Angoitia Noriega as Director Representing Series A Shareholders

9.2

Against For Elect or Ratify Alberto Bailleres Gonzalez as Director Representing Series A Shareholders

9.3


For For Elect or Ratify Eduardo Tricio Haro as Director Representing Series A Shareholders

9.4

Against For Elect or Ratify Michael T. Fries as Director Representing Series A Shareholders

9.5


Against For Elect or Ratify Fernando Senderos Mestre as Director Representing Series A Shareholders

9.6


For For Elect or Ratify Bernardo Gomez Martinez as Director Representing Series A Shareholders

9.7

For For Elect or Ratify Jon Feltheimer as Director Representing Series A Shareholders

9.8

For For Elect or Ratify Enrique Krauze Kleinbort as Director Representing Series A Shareholders

9.9

For For Elect or Ratify Guadalupe Phillips Margain as Director Representing Series A Shareholders

9.10

For For Elect or Ratify Carlos Hank Gonzalez as Director Representing Series A Shareholders

9.11

For For Elect or Ratify Lorenzo Alejandro Mendoza Gimenez as Director Representing Series B Shareholders

9.12

Vote Summary Report


Grupo Televisa SAB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect or Ratify Salvi Rafael Folch Viadero as Director Representing Series B Shareholders

9.13

For For Elect or Ratify Guillermo Garcia Naranjo Alvarez as Director Representing Series B Shareholders

9.14

For For Elect or Ratify Francisco Jose Chevez Robelo as Director Representing Series B Shareholders

9.15

For For Elect or Ratify Jose Luis Fernandez Fernandez as Director Representing Series B Shareholders

9.16

For For Elect or Ratify Julio Barba Hurtado as Alternate Director

9.17

For For Elect or Ratify Jorge Agustin Lutteroth Echegoyen as Alternate Director

9.18

For For Elect or Ratify Joaquin Balcarcel Santa Cruz as Alternate Director

9.19

For For Elect or Ratify Luis Alejandro Bustos Olivares as Alternate Director

9.20

For For Elect or Ratify Felix Jose Araujo Ramirez as Alternate Director

9.21

For For Elect or Ratify Members of Executive Committee; Discharge them

10

For For Elect or Ratify Chairman of Audit Committee; Discharge them

11

For For Elect or Ratify Chairman of Corporate Practices Committee; Discharge them

12

For For Approve Remuneration of Board Members, Executive, Audit and Corporate Practices Committees, and Secretaries

13


14

For For Approve Cancellation of Shares and Consequently Reduction in Share Capital; Amend Article 6

1


2

HCA Healthcare, Inc. Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: HCA

Vote Summary Report


HCA Healthcare, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Thomas F. Frist, III For For

For For Elect Director Samuel N. Hazen 1b

For For Elect Director Meg G. Crofton 1c

For For Elect Director Robert J. Dennis 1d

For For Elect Director Nancy-Ann DeParle 1e

For For Elect Director William R. Frist 1f

For For Elect Director Charles O. Holliday, Jr. 1g

For For Elect Director Michael W. Michelson 1h

For For Elect Director Wayne J. Riley 1i




3



For Against Assess Feasibility of Increasing the Impact of the Company's Performance on Quality Metrics for Senior Executive Compensation

5

Voter Rationale: The company is asked to assess the feasibility of increasing the impact of its quality performance metrics in incentive plans. We welcome the company's inclusion of quality of care targets within compensation plans, and believe they will be most effective with ambitious targets that are assessed on quality of care performance alone. As such, we support this proposal.

Healthpeak Properties, Inc. Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: PEAK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Brian G. Cartwright For For

Against For Elect Director Christine N. Garvey 1b


Vote Summary Report


Healthpeak Properties, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director R. Kent Griffin, Jr. 1c

Against For Elect Director David B. Henry 1d


For For Elect Director Thomas M. Herzog 1e

For For Elect Director Lydia H. Kennard 1f

For For Elect Director Sara G. Lewis 1g

For For Elect Director Katherine M. Sandstrom 1h


2


Hera SpA Meeting Date: 04/28/2021 Country: Italy

Meeting Type: Annual/Special Ticker: HER

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Company Bylaws Re: Article 3 For For

For For Amend Company Bylaws Re: Article 20 2


1




4

Voter Rationale: Significant discretionary bonus paid to CEO


5


A


Vote Summary Report


Herbalife Nutrition Ltd. Meeting Date: 04/28/2021 Country: Cayman Islands

Meeting Type: Annual Ticker: HLF

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director John Agwunobi For For

Against For Elect Director Richard H. Carmona 1.2

For For Elect Director Kevin M. Jones 1.3

For For Elect Director Sophie L'Helias 1.4

For For Elect Director Alan LeFevre 1.5

For For Elect Director Juan Miguel Mendoza 1.6

For For Elect Director Donal Mulligan 1.7

For For Elect Director Maria Otero 1.8

For For Elect Director John Tartol 1.9


2



Hong Kong Exchanges & Clearing Ltd. Meeting Date: 04/28/2021 Country: Hong Kong


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Elect Nicholas Charles Allen as Director 2a

For For Elect Cheung Ming Ming, Anna as Director 2b

For For Elect Zhang Yichen as Director 2c

For For Approve PricewaterhouseCoopers as Auditor and Authorize Board to Fix Their Remuneration

3


Vote Summary Report


Hong Kong Exchanges & Clearing Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


5

Hutchison China MediTech Ltd. Meeting Date: 04/28/2021 Country: Cayman Islands

Meeting Type: Annual Ticker: HCM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Against For Re-elect Simon To as Director 2A

Voter Rationale: Executive director and member of the compensation committee.

For For Re-elect Christian Hogg as Director 2B

For For Re-elect Johnny Cheng as Director 2C

For For Re-elect Dr Weiguo Su as Director 2D

Against For Re-elect Dr Dan Eldar as Director 2E


Against For Re-elect Edith Shih as Director 2F


Against For Re-elect Paul Carter as Director 2G


Against For Re-elect Dr Karen Ferrante as Director 2H


Against For Re-elect Graeme Jack as Director 2I


Against For Re-elect Tony Mok as Director 2J


For For Reappoint PricewaterhouseCoopers as Auditors and Authorise Their Remuneration

3

For For Authorise Issue of Equity 4A


4B

Vote Summary Report


Hutchison China MediTech Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Authorise Issue of Equity without Pre-emptive Rights in Connection with an Equity Raise

4C


For For Authorise Market Purchase of Ordinary Shares 4D

For For Approve Change of English Name and Adopt Chinese Name as Dual Foreign Name of the Company and Related Transactions

5

Intesa Sanpaolo SpA Meeting Date: 04/28/2021 Country: Italy

Meeting Type: Annual/Special Ticker: ISP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




2b

For For Approve Fixed-Variable Compensation Ratio 2c

For For Approve Annual Incentive Plan 2d

For For Amend POP Long-Term Incentive Plan 2e

For For Approve Director, Officer, and Internal Auditors Liability and Indemnity Insurance

2f

For For Authorize Share Repurchase Program and Reissuance of Repurchased Shares to Service Incentive Plan

3a


3b

For For Amend Company Bylaws 1

INVISIO AB Meeting Date: 04/28/2021 Country: Sweden

Meeting Type: Annual Ticker: IVSO

Vote Summary Report


INVISIO AB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




For For Designate Lennart Francke as Inspector of Minutes of Meeting

4.1

For For Designate Elisabet Jamal Bergstrom as Inspector of Minutes of Meeting

4.2



7


8

For For Approve Discharge of Chairman Annika Andersson

9.1

For For Approve Discharge of Charlotta Falvin 9.2

For For Approve Discharge of Lage Jonason 9.3

For For Approve Discharge of Martin Krupicka 9.4

For For Approve Discharge of Ulrika Hagdahl 9.5

For For Approve Discharge of Charlott Samuelsson 9.6

For For Approve Discharge of CEO Lars Hojgard Hansen 9.7


10

For For Approve Remuneration of Directors in the Amount of SEK 575,000 for Chairman and SEK 220,000 for Other Directors

11.1


For For Reelect Annika Andersson as Director 12.1a

Against For Reelect Charlotta Falvin as Director 12.1b


For For Reelect Lage Jonason as Director 12.1c

For For Reelect Martin Krupicka as Director 12.1d

For For Reelect Ulrika Hagdahl as Director 12.1e

For For Reelect Charlott Samuelsson as Director 12.1f

For For Reelect Annika Andersson as Board Chairman 12.2

Vote Summary Report


INVISIO AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Determine Number of Auditors (1) 13.1

Against For Ratify PricewaterhouseCoopers as Auditors 13.2

Voter Rationale: Auditor tenure exceeds 10 years with no evidence of a tender process being conducted


London Stock Exchange Group Plc Meeting Date: 04/28/2021 Country: United Kingdom

Meeting Type: Annual Ticker: LSEG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



Voter Rationale: Increases in fixed pay and performance maximums after M&A which is not in shareholders best interests.

Against For Re-elect Jacques Aigrain as Director 4

Voter Rationale: Poor pay practices.

For For Re-elect Dominic Blakemore as Director 5

For For Re-elect Kathleen DeRose as Director 6

For For Re-elect Cressida Hogg as Director 7

For For Re-elect Stephen O'Connor as Director 8

For For Re-elect Val Rahmani as Director 9

For For Re-elect Don Robert as Director 10

For For Re-elect David Schwimmer as Director 11

For For Elect Martin Brand as Director 12

For For Elect Erin Brown as Director 13

For For Elect Anna Manz as Director 14

For For Elect Douglas Steenland as Director 15



Vote Summary Report


London Stock Exchange Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



19

For For Approve SAYE Option Plan 20



22


23



25

Marathon Petroleum Corporation Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: MPC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Abdulaziz F. Alkhayyal For For

For For Elect Director Jonathan Z. Cohen 1b

For For Elect Director Michael J. Hennigan 1c

For For Elect Director Frank M. Semple 1d



3

Voter Rationale: Lack of explanation for CEO's promotional grant that consisted entirely of time-vesting equity.




For Against Limit Accelerated Vesting of Equity Awards Upon a Change in Control

7

Voter Rationale: Proposal would align the interests of executives with those of shareholders.

Vote Summary Report


Mavi Giyim Sanayive ve Ticaret AS Meeting Date: 04/28/2021 Country: Turkey

Meeting Type: Annual Ticker: MAVI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For







For For Approve Director Remuneration 9


For For Approve Upper Limit of Donations for the Current Fiscal Year and Receive Information on Donations Made in Previous Fiscal Year

11

For For Grant Permission for Board Members to Engage in Commercial Transactions with Company and Be Involved with Companies with Similar Corporate Purpose and Receive Information in Accordance to Article 1.3.6 of Corporate Governance Principles

13

Mayr-Melnhof Karton AG Meeting Date: 04/28/2021 Country: Austria

Meeting Type: Annual Ticker: MMK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Allocation of Income and Dividends of EUR 3.20 Per Share

For For


3


4


5

Vote Summary Report


Mayr-Melnhof Karton AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Ratify PwC Wirtschaftspruefung GmbH as Auditors for Fiscal Year 2021

6


Voter Rationale: We are not supportive of one off awards and believe compensation systems should be designed to incorporate these.

Metropolitan Bank & Trust Company Meeting Date: 04/28/2021 Country: Philippines

Meeting Type: Annual Ticker: MBT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Minutes of the Annual Meeting held on May 28, 2020

For For

For For Ratify All Acts and Resolutions of the Board of Directors, Management and All Committees from May 28, 2020 to April 27, 2021

2

For For Elect Arthur Ty as Director 3.1

For For Elect Francisco C. Sebastian as Director 3.2

For For Elect Fabian S. Dee as Director 3.3

For For Elect Alfred V. Ty as Director 3.4

For For Elect Edmund A. Go as Director 3.5

For For Elect Francisco F. Del Rosario, Jr. as Director 3.6

For For Elect Vicente R. Cuna, Jr. as Director 3.7

For For Elect Edgar O. Chua as Director 3.8

For For Elect Solomon S. Cua as Director 3.9

For For Elect Angelica H. Lavares as Director 3.10

For For Elect Philip G. Soliven as Director 3.11

For For Elect Marcelo C. Fernando, Jr. as Director 3.12

For For Appoint Sycip Gorres Velayo & Co. as External Auditors

4

Vote Summary Report


Moderna, Inc. Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: MRNA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Robert Langer For Withhold


Withhold For Elect Director Elizabeth Nabel 1.2


For For Elect Director Elizabeth Tallett 1.3


2

Voter Rationale: FY20 grant consisted entirely of time-vested stock options.


Moscow Exchange MICEX-RTS PJSC Meeting Date: 04/28/2021 Country: Russia

Meeting Type: Annual Ticker: MOEX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



For None Elect Ramon Adarraga Morales as Director 3.1

For None Elect Paul Bodart as Director 3.2

For None Elect Oleg Viugin as Director 3.3

For None Elect Mariia Gordon as Director 3.4

For None Elect Valerii Goregliad as Director 3.5

For None Elect Dmitrii Eremeev as Director 3.6

For None Elect Bella Zlatkis as Director 3.7

For None Elect Aleksandr Izosimov as Director 3.8

For None Elect Maksim Krasnykh as Director 3.9

For None Elect Vadim Kulik as Director 3.10

Vote Summary Report


Moscow Exchange MICEX-RTS PJSC Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For None Elect Sergei Lykov as Director 3.11

For None Elect Oskar Hartmann as Director 3.12

For For Ratify Auditor 4

For For Approve New Edition of Charter 5

For For Approve New Edition of Regulations on Board of Directors

6

For For Approve New Edition of Regulations on Remuneration of Directors

7


Muenchener Rueckversicherungs-Gesellschaft AG Meeting Date: 04/28/2021 Country: Germany

Meeting Type: Annual Ticker: MUV2

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


3


4

For For Elect Carinne Knoche-Brouillon to the Supervisory Board

5



For For Approve Creation of EUR 117.5 Million Pool of Capital with Partial Exclusion of Preemptive Rights

8

For For Approve Affiliation Agreement with MR Beteiligungen 20. GmbH

9.1


9.2


9.3

Vote Summary Report


NatWest Group Plc Meeting Date: 04/28/2021 Country: United Kingdom

Meeting Type: Annual Ticker: NWG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Howard Davies as Director 4

For For Re-elect Alison Rose-Slade as Director 5

For For Re-elect Katie Murray as Director 6

For For Re-elect Frank Dangeard as Director 7

For For Re-elect Patrick Flynn as Director 8

For For Re-elect Morten Friis as Director 9

For For Re-elect Robert Gillespie as Director 10

For For Re-elect Yasmin Jetha as Director 11

For For Re-elect Mike Rogers as Director 12

For For Re-elect Mark Seligman as Director 13

For For Re-elect Lena Wilson as Director 14


For For Authorise the Group Audit Committee to Fix Remuneration of Auditors

16



18


19

For For Authorise Issue of Equity in Connection with Equity Convertible Notes

20

For For Authorise Issue of Equity without Pre-emptive Rights in Connection with Equity Convertible Notes

21


22


23

Vote Summary Report


NatWest Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Authorise Off-Market Purchase of Ordinary Shares

25

For For Authorise Off-Market Purchase of Preference Shares

26



Nestle (Malaysia) Berhad Meeting Date: 04/28/2021 Country: Malaysia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Juan Aranols as Director For For

For For Elect Hamidah Naziadin as Director 2

For For Elect Azlin Arshad as Director 3

For For Approve Ernst & Young PLT as Auditors and Authorize Board to Fix Their Remuneration

4


For For Approve Directors' Benefits 6

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions

7

For For Amend Constitution 1

New China Life Insurance Company Ltd. Meeting Date: 04/28/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Zhang Hong as Director For For

Vote Summary Report


New China Life Insurance Company Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Liu Debin as Supervisor 2

For For Elect Shi Hongyu as Supervisor 3

For For Approve Remuneration Standard of the Executive Director and Vice President

4

Newmont Corporation Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: NEM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Patrick G. Awuah, Jr. For For

For For Elect Director Gregory H. Boyce 1.2

For For Elect Director Bruce R. Brook 1.3

For For Elect Director Maura Clark 1.4

For For Elect Director Matthew Coon Come 1.5

For For Elect Director Jose Manuel Madero 1.6

For For Elect Director Rene Medori 1.7

For For Elect Director Jane Nelson 1.8

For For Elect Director Thomas Palmer 1.9

Against For Elect Director Julio M. Quintana 1.10

For For Elect Director Susan N. Story 1.11


2


NICE Ltd. (Israel) Meeting Date: 04/28/2021 Country: Israel

Meeting Type: Annual Ticker: NICE

Vote Summary Report


NICE Ltd. (Israel)

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Reelect David Kostman as Director For For

For For Reelect Rimon Ben-Shaoul as Director 1b

For For Reelect Yehoshua (Shuki) Ehrlich as Director 1c

For For Reelect Leo Apotheker as Director 1d

For For Reelect Joseph (Joe) Cowan as Director 1e

For For Reelect Zehava Simon as External Director 2

Against None Vote FOR if you are a controlling shareholder or have a personal interest in Item 2, as indicated in the proxy card; otherwise, vote AGAINST. You may not abstain. If you vote FOR, please provide an explanation to your account manager

2a

For For Reapprove Compensation Policy for the Directors and Officers of the Company

3


3a

For For Approve CEO Equity Plan 4


4a

For For Reappoint Kost Forer Gabbay & Kasierer, a member of Ernst & Young Global, as Auditors and Authorize Board to Fix Their Remuneration

5

Nichols Plc Meeting Date: 04/28/2021 Country: United Kingdom

Meeting Type: Annual Ticker: NICL

Vote Summary Report


Nichols Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Helen Keays as Director 3

For For Elect James Nichols as Director 4





8


Ningbo Zhoushan Port Co., Ltd. Meeting Date: 04/28/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Spin-off of Subsidiary on Shanghai Stock Exchange in Accordance with Relevant Laws and Regulations

For For


For For Approve Issue Type 2.2

For For Approve Par Value 2.3

For For Approve Target Subscribers 2.4

For For Approve Listing Time 2.5

For For Approve Issue Manner 2.6


For For Approve Pricing Method 2.8

For For Approve Other Matters Related to Issuance 2.9

Vote Summary Report


Ningbo Zhoushan Port Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Plan on Spin-off of Subsidiary on the Shanghai Stock Exchange (Revised Draft)

3

For For Approve Transaction Complies with Several Provisions on the Pilot Program of Listed Companies' Spin-off of Subsidiaries for Domestic Listing

4

For For Approve Transaction is Conducive to Safeguarding the Legal Rights and Interests of Shareholders and Creditors

5

For For Approve Proposal on the Company's Independence and Sustainability

6

For For Approve Corresponding Standard Operational Ability

7

For For Approve Explanation of the Completeness, Compliance and Validity of Legal Documents Submitted in the Spin-off

8

For For Approve Purpose, Commercial Rationality, Necessity and Feasibility Analysis of Spin-off

9

For For Approve Authorization of the Board to Handle Matters on Spin-off

10

Northern Data AG Meeting Date: 04/28/2021 Country: Germany

Meeting Type: Extraordinary Shareholders Ticker: NB2

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Creation of EUR 7.9 Million Pool of Capital without Preemptive Rights

For Against

Voter Rationale: A capital increase in the amount of 50% of shares outstanding without pre-emptive rights could harm existing shareholders.

For For Approve Stock Option Plan for Key Employees; Amend Conditional Capital 2020/II

2

Orient Commercial Joint Stock Bank Meeting Date: 04/28/2021 Country: Vietnam

Meeting Type: Annual Ticker: OCB

Vote Summary Report


Orient Commercial Joint Stock Bank

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Report of Board of Directors for Financial Year 2020 and Business Plan for Financial Year 2021

For For

For For Approve Report of Supervisory Board 2


3

For For Approve Income Allocation and Appropriations of Financial Year 2020

4

Against For Approve Issuance of Shares to Increase Charter Capital

5

Voter Rationale: Shares would be issued at a discount to the prevailing market price.

For For Approve Remuneration of Board of Directors and Supervisory Board for Financial Year 2021

6


For For Amend Articles of Association, Corporate Governance Regulations, and Regulations on Operation of Board of Directors and Supervisory Board

8

Against For Authorize Board of Directors to Make Decision on and Execute Various Business Matters under Power of Shareholder Meeting

9




Ovintiv Inc. Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: OVV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Peter A. Dea For For

For For Elect Director Meg A. Gentle 1b

For For Elect Director Howard J. Mayson 1c

For For Elect Director Lee A. McIntire 1d

Vote Summary Report


Ovintiv Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Katherine L. Minyard 1e

For For Elect Director Steven W. Nance 1f

For For Elect Director Suzanne P. Nimocks 1g

For For Elect Director Thomas G. Ricks 1h

For For Elect Director Brian G. Shaw 1i

For For Elect Director Douglas J. Suttles 1j

For For Elect Director Bruce G. Waterman 1k


2



Persimmon Plc Meeting Date: 04/28/2021 Country: United Kingdom

Meeting Type: Annual Ticker: PSN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Roger Devlin as Director 3

For For Elect Dean Finch as Director 4

For For Re-elect Michael Killoran as Director 5

For For Re-elect Nigel Mills as Director 6

For For Re-elect Rachel Kentleton as Director 7

For For Re-elect Simon Litherland as Director 8

For For Re-elect Joanna Place as Director 9

For For Elect Annemarie Durbin as Director 10

For For Elect Andrew Wyllie as Director 11


Vote Summary Report


Persimmon Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


13



15




18

Prysmian SpA Meeting Date: 04/28/2021 Country: Italy

Meeting Type: Annual/Special Ticker: PRY

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Fix Board Terms for Directors 4

For For Slate 1 Submitted by Management 5.1


5.2

Voter Rationale: Supportive of management's slate



7

For For Amend Employee Stock Purchase Plan 8



10

For For Authorize the Convertibility of the Equity-Linked Bond; Approve Capital Increase Without Preemptive Rights to the Service the Conversion of Bonds

1

Vote Summary Report


Prysmian SpA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


A


Royal Unibrew A/S Meeting Date: 04/28/2021 Country: Denmark

Meeting Type: Annual Ticker: RBREW

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Discharge of Management and Board 3


4


Voter Rationale: Short performance periods as well as a lack of disclosure around the performance targets used in the variable awards so hard to determine pay for performance alignment.

For For Approve Remuneration of Directors in the Amount of DKK 1.1 Million for Chairman, DKK 665,000 for Vice Chairman and DKK 380,000 for Other Directors; Approve Remuneration for Committee Work

6

For For Approve DKK 1.1 Million Reduction in Share Capital via Share Cancellation

7.1

For For Authorize Share Repurchase Program 7.2


7.3

Voter Rationale: We are not supportive of a permanent move to virtual only meetings as this reduces accountability to shareholders.

For For Approve Company Announcements in English 7.4

For For Amend Articles Re: Attendance at General Meetings

7.5

For For Reelect Walther Thygesen as Director 8.a

For For Reelect Jais Valeur as Director 8.b

For For Reelect Christian Sagild as Director 8.c

For For Reelect Catharina Stackelberg-Hammaren as Director

8.d

Vote Summary Report


Royal Unibrew A/S Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Heidi Kleinbach-Sauter as Director 8.e

For For Elect Peter Ruzicka as New Director 8.f

For For Elect Torben Carlsen as New Director 8.g


RPS Group Plc Meeting Date: 04/28/2021 Country: United Kingdom

Meeting Type: Annual Ticker: RPS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Allison Bainbridge as Director 3

For For Re-elect Judith Cottrell as Director 4

For For Re-elect John Douglas as Director 5

For For Re-elect Catherine Glickman as Director 6

Against For Re-elect Ken Lever as Director 7

Voter Rationale: Over boarded with multiple external appointments.

For For Re-elect Michael McKelvy as Director 8

For For Re-elect Elizabeth Peace as Director 9



11



13


14



16

Vote Summary Report


RTL Group SA Meeting Date: 04/28/2021 Country: Luxembourg

Meeting Type: Annual Ticker: RRTL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2.1 Approve Financial Statements For For



3


Voter Rationale: Lack of disclosure around award levels and the specific performance targets used in the variable remuneration awards.


For For Approve Discharge of Directors 5.1

For For Approve Discharge of Auditors 5.2

For For Elect Rolf Hellermann as Non-Executive Director 6.1

For For Elect Pernille Erenbjerg as Non-Executive Director

6.2

For For Reelect Thomas Rabe and Elmar Heggen as Executive Directors

6.3

For For Reelect Non-Executive Directors 6.4

For For Reelect James Singh as Non-Executive Director 6.5

For For Renew Appointment of KPMG Luxembourg as Auditor

6.6

RWC Funds - RWC Enhanced Income Fund Meeting Date: 04/28/2021 Country: Luxembourg

Meeting Type: Annual Ticker: FJRZ7M.F

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Receive and Approve Board's Report For For

For For Receive and Approve Auditor's Report 2

For For Approve Audited Financial Statements 3

Vote Summary Report


RWC Funds - RWC Enhanced Income Fund Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



For For Ratify Remuneration of EUR 35,000 to Director Richard Goddard and EUR 25,000 to Directors Paul de Quant and Benoit Andrianne for the Financial Year Ended on 31 December 2020

6

For For Approve Remuneration of Directors Richard Goddard, Benoit Andrianne and Paul de Quant for the Financial Year Ending on 31 December 2021

7

For For Re-elect Daniel Mannix, Benoit Andrianne, Richard Goddard, Paul De Quant and Ian Weston as Directors

8


9

RWE AG Meeting Date: 04/28/2021 Country: Germany

Meeting Type: Annual Ticker: RWE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


3


4

Against For Ratify PricewaterhouseCoopers GmbH as Auditors for Fiscal Year 2021

5

Voter Rationale: Current auditors have been appointed for over 10 years with no evidence of the company completing a tender process.

For For Elect Werner Brandt to the Supervisory Board 6.1

For For Elect Hans Buenting to the Supervisory Board 6.2

For For Elect Ute Gerbaulet to the Supervisory Board 6.3

For For Elect Hans-Peter Keitel to the Supervisory Board 6.4

For For Elect Monika Kircher to the Supervisory Board 6.5

Vote Summary Report


RWE AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Guenther Schartz to the Supervisory Board 6.6

For For Elect Erhard Schipporeit to the Supervisory Board

6.7

For For Elect Ullrich Sierau to the Supervisory Board 6.8

For For Elect Hauke Stars to the Supervisory Board 6.9

For For Elect Helle Valentin to the Supervisory Board 6.10



For For Approve Creation of EUR 346.2 Million Pool of Capital with Partial Exclusion of Preemptive Rights

9

For For Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds with Partial Exclusion of Preemptive Rights up to Aggregate Nominal Amount of EUR 5 Billion; Approve Creation of EUR 173.1 Million Pool of Capital to Guarantee Conversion Rights

10

For For Amend Articles Re: By-elections to the Supervisory Board

11

For For Amend Articles Re: Election of Chairman and Deputy Chairman of the Supervisory Board

12

For For Amend Articles Re: Proof of Entitlement 13

Ryerson Holding Corporation Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: RYI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Eva M. Kalawski For For

For For Elect Director Mary Ann Sigler 1.2

For For Elect Director Court D. Carruthers 1.3



3

Vote Summary Report


Ryerson Holding Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

One Year Three Years Advisory Vote on Say on Pay Frequency 4

Voter Rationale: Annual say-on-pay votes are considered a best practice as they give shareholders a regular opportunity to opine on executive pay.

Sabre Corporation Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: SABR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director George Bravante, Jr. For For

For For Elect Director Hervé Couturier 1.2

For For Elect Director Gary Kusin 1.3

For For Elect Director Gail Mandel 1.4

For For Elect Director Sean Menke 1.5

For For Elect Director Phyllis Newhouse 1.6

For For Elect Director Karl Peterson 1.7

For For Elect Director Zane Rowe 1.8

For For Elect Director Gregg Saretsky 1.9

For For Elect Director John Scott 1.10

For For Elect Director Wendi Sturgis 1.11




4

Voter Rationale: Multiple adjustments were made to mid-cycle LTI awards, and the compensation committee granted significant off-cycle, time-vesting retention awards to NEOs, with the CEO receiving an additional time-vesting retention award in FY21.


Sacyr SA Meeting Date: 04/28/2021 Country: Spain

Meeting Type: Annual Ticker: SCYR

Vote Summary Report


Sacyr SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




Against For Renew Appointment of Ernst & Young as Auditor

5

Voter Rationale: Auditor tenure exceeds 10 years with no evidence of a tender process having been conducted.

For For Ratify Appointment of and Elect Raimundo Baroja Rieu as Director

6


Voter Rationale: Lack of disclosure around the performance outcomes so unable to assess pay for performance alignment.

Against For Amend Remuneration Policy 8

Voter Rationale: Not all long term awards have a performance period of at least three years.

Against For Approve Grant of Shares under 2020-2025 Long-Term Incentive Plan

9

Voter Rationale: Not all long term awards have a performance period of at least three years.

For For Amend Articles Re: Telematic Attendance at the General Shareholders Meetings

10.1


10.2

For For Amend Articles Re: Board Must Be Comprised of Only Natural Persons

10.3


11



Against For Authorize Issuance of Convertible Bonds, Debentures, Warrants, and Other Debt Securities without Preemptive Rights up to EUR 500 Million

13


For For Authorize Issuance of Non-Convertible Bonds/Debentures and/or Other Debt Securities up to EUR 1.5 Billion

14

For For Authorize Share Repurchase and Capital Reduction via Amortization of Repurchased Shares

15

Vote Summary Report


Sacyr SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


16

Saigon Beer - Alcohol - Beverage Corporation Meeting Date: 04/28/2021 Country: Vietnam

Meeting Type: Annual Ticker: SAB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Audited Financial Statements of Financial Year 2020

For For

For For Approve Report of Board of Directors for Financial Year 2020 and Plan for Financial Year 2021

2

For For Approve Report of Audit Committee for Financial Year 2020

3


For For Approve Income Allocation for Financial Year 2020

5

For For Approve Expected Income Allocation for Financial Year 2021

6

For For Approve Payment of Salary, Remuneration and Bonus of Board of Directors in Financial Year 2020

7

For For Approve Expected Salary, Remuneration and Bonus of Board of Directors in Financial Year 2021

8

For For Approve Related-Party Transactions 9



Against For Amend Corporate Governance Regulations 11



12

For For Dismiss Nguyen Tien Dung and Luong Thanh Hai as Directors

13

For For Approve Election of Directors 14

For For Elect Le Thanh Tuan as Director 15.1

Vote Summary Report


Saigon Beer - Alcohol - Beverage Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Ngo Minh Chau as Director 15.2

For For Approve Meeting Minutes and Resolutions 16



Schneider Electric SE Meeting Date: 04/28/2021 Country: France

Meeting Type: Annual/Special Ticker: SU

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3

For For Approve Auditors' Special Report on Related-Party Transactions Mentionning the Absence of New Transactions

4


5

For For Approve Compensation of Jean-Pascal Tricoire, Chairman and CEO

6


7


For For Reelect Jean-Pascal Tricoire as Director 9

For For Elect Anna Ohlsson-Leijon as Director 10

Against Against Elect Thierry Jacquet as Representative of Employee Shareholders to the Board

11

Voter Rationale: Can only support one candidate.

Against Against Elect Zennia Csikos as Representative of Employee Shareholders to the Board

12


For For Reelect Xiaoyun Ma as Representative of Employee Shareholders to the Board

13

Vote Summary Report


Schneider Electric SE Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against Against Elect Malene Kvist Kristensen as Representative of Employee Shareholders to the Board

14



15


16


17

For For Approve Issuance of Equity or Equity-Linked Securities for Private Placements up to Aggregate Nominal Amount of EUR 120 Million

18


19

For For Authorize Capital Increase of up to 9.88 Percent of Issued Capital for Contributions in Kind

20


21


22


23


24

For For Amend Article 13 of Bylaws Re: Editorial Change 25


26

Secure Energy Services Inc. Meeting Date: 04/28/2021 Country: Canada

Meeting Type: Annual Ticker: SES

Vote Summary Report


Secure Energy Services Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Rene Amirault For For

For For Elect Director Marion Burnyeat 1b

For For Elect Director Brad Munro 1c

For For Elect Director Kevin Nugent 1d

For For Elect Director Shaun Paterson 1e

For For Elect Director Daniel (Dan) Steinke 1f

Withhold For Elect Director Richard (Rick) Wise 1g

For For Elect Director Deanna Zumwalt 1h


2

Sendas Distribuidora SA Meeting Date: 04/28/2021 Country: Brazil

Meeting Type: Annual Ticker: ASAI3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Rectify Remuneration of Company's Management and Fiscal Council for 2021

3


4


5

Sendas Distribuidora SA Meeting Date: 04/28/2021 Country: Brazil

Meeting Type: Special Ticker: ASAI3

Vote Summary Report


Sendas Distribuidora SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Article 43 Re: Indemnity Provision For Against

Voter Rationale: Lack of transparency so unable to make an informed decision

For For Remove Article 45 2


For For Approve Registration with JUCERJA of the Independent Firm's Appraisal (Re: Partial Spin-Off) from the last Dec. 31, 2020 EGM

4


5

SJW Group Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: SJW

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Katharine Armstrong For For

For For Elect Director Walter J. Bishop 1b

For For Elect Director Carl Guardino 1c

For For Elect Director Mary Ann Hanley 1d

For For Elect Director Heather Hunt 1e

For For Elect Director Gregory P. Landis 1f

For For Elect Director Debra C. Man 1g

For For Elect Director Daniel B. More 1h

For For Elect Director Eric W. Thornburg 1i

For For Elect Director Carol P. Wallace 1j


2


Vote Summary Report


SM Investments Corp. Meeting Date: 04/28/2021 Country: Philippines

Meeting Type: Annual Ticker: SM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve the Minutes of Previous Annual Stockholders' Meeting

For For

For For Approve 2020 Annual Report 2

For For Ratify All Acts and Resolutions of the Board of Directors and Management

3

For For Elect Teresita T. Sy as Director 4.1

For For Elect Henry T. Sy, Jr. as Director 4.2

For For Elect Harley T. Sy as Director 4.3

For For Elect Jose T. Sio as Director 4.4

For For Elect Frederic C. DyBuncio as Director 4.5

For For Elect Tomasa H. Lipana as Director 4.6

For For Elect Alfredo E. Pascual as Director 4.7

For For Elect Robert G. Vergara as Director 4.8

For For Elect SyCip Gorres Velayo & Co. as External Auditor

5


SNAM SpA Meeting Date: 04/28/2021 Country: Italy

Meeting Type: Annual Ticker: SRG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3



4.2

Vote Summary Report


SNAM SpA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Proposed Changes to the 2020-2022 Long Term Share Incentive Plan

5


A


Sonic Automotive, Inc. Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: SAH

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director O. Bruton Smith For For

For For Elect Director David Bruton Smith 1b

For For Elect Director Jeff Dyke 1c

For For Elect Director William I. Belk 1d

For For Elect Director William R. Brooks 1e

Against For Elect Director Victor H. Doolan 1f

Voter Rationale: Chair of the nominating committee and less than 20% of the board is made up of female directors.

For For Elect Director John W. Harris, III 1g

For For Elect Director Robert Heller 1h

For For Elect Director Keri A. Kaiser 1i

For For Elect Director Marcus G. Smith 1j

For For Elect Director R. Eugene Taylor 1k



3

For For Adopt the Jurisdiction of Incorporation as the Exclusive Forum for Certain Disputes

4


Voter Rationale: The plan allows broad discretion to accelerate vesting.

Vote Summary Report


South State Corporation Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: SSB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director John C. Corbett For For

For For Elect Director Jean E. Davis 1b

For For Elect Director Martin B. Davis 1c

For For Elect Director Robert H. Demere, Jr. 1d

For For Elect Director Cynthia A. Hartley 1e

For For Elect Director Robert R. Hill, Jr. 1f

For For Elect Director John H. Holcomb, III 1g

For For Elect Director Robert R. Horger 1h

For For Elect Director Charles W. McPherson 1i

For For Elect Director G. Ruffner Page, Jr. 1j

For For Elect Director Ernest S. Pinner 1k

For For Elect Director John C. Pollok 1l

For For Elect Director William Knox Pou, Jr. 1m

For For Elect Director David G. Salyers 1n

For For Elect Director Joshua A. Snively 1o

For For Elect Director Kevin P. Walker 1p


2

Voter Rationale: Lack of performance-conditioned LTI award.

For For Ratify Dixon Hughes Goodman LLP as Auditors 3

Spirent Communications Plc Meeting Date: 04/28/2021 Country: United Kingdom

Meeting Type: Annual Ticker: SPT

Vote Summary Report


Spirent Communications Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Approve Special Dividend 5

For For Re-elect Paula Bell as Director 6

For For Re-elect Gary Bullard as Director 7

For For Re-elect Wendy Koh as Director 8

For For Re-elect Edgar Masri as Director 9

For For Re-elect Jonathan Silver as Director 10

For For Re-elect Sir Bill Thomas as Director 11

For For Re-elect Eric Updyke as Director 12

For For Appoint Deloitte as Auditors 13




16



18


For For Approve US Employee Stock Purchase Plan and Global Employee Share Purchase Plan

20

For For Approve Sharesave Plan 21

Teck Resources Limited Meeting Date: 04/28/2021 Country: Canada

Meeting Type: Annual/Special Ticker: TECK.B

Vote Summary Report


Teck Resources Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1A Elect Director Mayank M. Ashar For For

For For Elect Director Quan Chong 1B

For For Elect Director Edward C. Dowling 1C

For For Elect Director Eiichi Fukuda 1D

For For Elect Director Toru Higo 1E

For For Elect Director Norman B. Keevil, III 1F

For For Elect Director Donald R. Lindsay 1G

For For Elect Director Sheila A. Murray 1H

For For Elect Director Tracey L. McVicar 1I

For For Elect Director Kenneth W. Pickering 1J

For For Elect Director Una M. Power 1K

For For Elect Director Timothy R. Snider 1L

Withhold For Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration

2



3

Voter Rationale: Lack of rationale for proposed LTI increase.

For For Amend General By-law No. 1 4

Teledyne Technologies Incorporated Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: TDY

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Denise R. Cade For For

Withhold For Elect Director Simon M. Lorne 1.2

For For Elect Director Wesley W. von Schack 1.3


Vote Summary Report


Teledyne Technologies Incorporated Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


3

Telenet Group Holding NV Meeting Date: 04/28/2021 Country: Belgium

Meeting Type: Annual Ticker: TNET

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Approve Discharge of Bert De Graeve (IDw Consult BV) as Director

6.a

For For Approve Discharge of Jo Van Biesbroeck (JoVB BV) as Director

6.b

For For Approve Discharge of Christiane Franck as Director

6.c

For For Approve Discharge of John Porter as Director 6.d

For For Approve Discharge of Charles H. Bracken as Director

6.e

For For Approve Discharge of Manuel Kohnstamm as Director

6.f

For For Approve Discharge of Severina Pascu as Director

6.g

For For Approve Discharge of Amy Blair as Director 6.h

For For Approve Discharge of Enrique Rodriguez as Director

6.i


For For Reelect John Porter as Director 8(a)

For For Approve that the Mandate of the Director Appointed is not Remunerated

8(b)

Against For Approve Change-of-Control Clause Re: Performance Shares, Share Option, and Restricted Share Plans

9

Vote Summary Report


Textron Inc. Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: TXT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Scott C. Donnelly For For

For For Elect Director Kathleen M. Bader 1b

For For Elect Director R. Kerry Clark 1c

For For Elect Director James T. Conway 1d

For For Elect Director Paul E. Gagne 1e

For For Elect Director Ralph D. Heath 1f

For For Elect Director Deborah Lee James 1g

For For Elect Director Lionel L. Nowell, III 1h

For For Elect Director James L. Ziemer 1i

For For Elect Director Maria T. Zuber 1j


2





The Chemours Company Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: CC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Curtis V. Anastasio For For

For For Elect Director Bradley J. Bell 1b

For For Elect Director Richard H. Brown 1c

For For Elect Director Mary B. Cranston 1d

For For Elect Director Curtis J. Crawford 1e

Vote Summary Report


The Chemours Company Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Dawn L. Farrell 1f

For For Elect Director Erin N. Kane 1g

For For Elect Director Sean D. Keohane 1h

For For Elect Director Mark P. Vergnano 1i


2


For For Eliminate Supermajority Vote Requirement to Amend Certificate of Incorporation and Bylaws

4


Urbi Desarrollos Urbanos SAB de CV Meeting Date: 04/28/2021 Country: Mexico

Meeting Type: Annual Ticker: URBI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Individual and Consolidated Financial Statements and Statutory Reports; Approve Allocation of Income

For For

For For Elect or Ratify Members, Chairman, Secretary and Deputy Secretary of Board; Verify Independence Classification of Board Members

2

For For Elect or Ratify Chairman and Members of Audit and Corporate Practices Committee

3


Against For Set Maximum Amount of Share Repurchase Reserve

5



6

Vote Summary Report


V.S. Industry Berhad Meeting Date: 04/28/2021 Country: Malaysia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Proposed Bonus Issue of New Ordinary Shares

For For

For For Approve Proposed Bonus Issue of Free Warrants 2

VICI Properties Inc. Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: VICI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director James R. Abrahamson For For

For For Elect Director Diana F. Cantor 1b

For For Elect Director Monica H. Douglas 1c

For For Elect Director Elizabeth I. Holland 1d

For For Elect Director Craig Macnab 1e

For For Elect Director Edward B. Pitoniak 1f

For For Elect Director Michael D. Rumbolz 1g



3

Vistra Corp. Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: VST

Vote Summary Report


Vistra Corp.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Scott B. Helm For For

For For Elect Director Hilary E. Ackermann 1.2

For For Elect Director Arcilia C. Acosta 1.3

For For Elect Director Gavin R. Baiera 1.4

For For Elect Director Paul M. Barbas 1.5

For For Elect Director Lisa Crutchfield 1.6

For For Elect Director Brian K. Ferraioli 1.7

For For Elect Director Jeff D. Hunter 1.8

For For Elect Director Curtis A. Morgan 1.9

For For Elect Director John R. Sult 1.10


2


W.W. Grainger, Inc. Meeting Date: 04/28/2021 Country: USA

Meeting Type: Annual Ticker: GWW

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Rodney C. Adkins For Withhold

For For Elect Director Brian P. Anderson 1.2

Withhold For Elect Director V. Ann Hailey 1.3

For For Elect Director Katherine D. Jaspon 1.4

Withhold For Elect Director Stuart L. Levenick 1.5

For For Elect Director D.G. Macpherson 1.6

For For Elect Director Neil S. Novich 1.7

For For Elect Director Beatriz R. Perez 1.8

For For Elect Director Michael J. Roberts 1.9

Vote Summary Report


W.W. Grainger, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director E. Scott Santi 1.10

For For Elect Director Susan Slavik Williams 1.11

For For Elect Director Lucas E. Watson 1.12

For For Elect Director Steven A. White 1.13

For For Ratify Ernst & Young LLP as Auditor 2


3

Warehouses De Pauw SCA Meeting Date: 04/28/2021 Country: Belgium

Meeting Type: Annual Ticker: WDP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Reelect Frank Meysman as Director 8

For For Approve Change-of-Control Clause Re: Credit Agreements in which the Company Must Immediately Repay the Relevant Credit

9.1

For For Approve Change-of-Control Clause Re: Credit Agreements Permitted Between the Date of the Convocation to the General Meeting and the Effective Session of the General Meeting

9.2

Warehouses De Pauw SCA Meeting Date: 04/28/2021 Country: Belgium

Meeting Type: Special Ticker: WDP

Vote Summary Report


Warehouses De Pauw SCA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

A2I Authorize Increase in Share Capital of up to 50 Percent of Authorized Capital With Preemptive Rights by Cash Contributions

For For

For For Renew Authorization to Increase Share Capital within the Framework of Authorized Capital

A2II

For For Authorize Increase in Share Capital of up to 10 Percent of Authorized Capital Without Preemptive Rights by Various Means

A2III


B

A2A SpA Meeting Date: 04/29/2021 Country: Italy

Meeting Type: Annual/Special Ticker: A2A

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




2.2


3

For For Approve Merger by Incorporation of A2A Telecommunications Srl into A2A SpA

1

For For Approve Merger by Incorporation of Suncity Energy Srl into A2A SpA

2


A


Vote Summary Report


Accor SA Meeting Date: 04/29/2021 Country: France

Meeting Type: Annual/Special Ticker: AC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2

For For Approve Treatment of Losses 3


Against For Approve Compensation of Sebastien Bazin, Chairman and CEO

5

Voter Rationale: Lack of disclosure around the amendments made to the annual bonus targets which have resulted in a full payout.


6

Voter Rationale: Lack of disclosure so unable to assess pay for performance alignment



8

Against For Authorize Repurchase of Up to 10 Percent of Issued Share Capital

9

Voter Rationale: Can be used for antitakeover purposes.


10

For For Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of 50 Percent of Issued Capital

11

For For Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of 10 Percent of Issued Capital

12

For For Approve Issuance of Equity or Equity-Linked Securities for up to 10 Percent of Issued Capital Per Year Reserved for Specific Beneficiaries

13

For For Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Above

14


15

Vote Summary Report


Accor SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Authorize Capitalization of Reserves of Up to 50 Percent of Issued Capital for Bonus Issue or Increase in Par Value

16

For For Set Total Limit for Capital Increase to Result from Issuance Requests Under Items 11-16 at 50 Percent of the Share Capital and Under Items 12-15 at 10 Percent of Issued Capital

17


18

For For Authorize up to 0.2 Percent of Issued Capital for Use in Restricted Stock Plans Under Performance Conditions Reserved for Some Employees

19

For For Amend Article 1 of Bylaws to Comply with Legal Changes

20

Against For Authorize Board to Issue Free Warrants with Preemptive Rights During a Public Tender Offer

21

Voter Rationale: Can be used for antitakeover purposes.


22

Ambev SA Meeting Date: 04/29/2021 Country: Brazil

Meeting Type: Annual/Special Ticker: ABEV3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Abstain For Elect Fiscal Council Members 3a

Voter Rationale: Concentrating votes on minority candidates.

For None Elect Vinicius Balbino Bouhid as Fiscal Council Member and Carlos Tersandro Fonseca Adeodato as Alternate Appointed by Minority Shareholder

3b


4

Voter Rationale: Lack of transparency so unable to assess the full pay package

Vote Summary Report


Ambev SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


5



For For Amend Article 5 to Reflect Changes in Capital 3




Meeting Type: Annual Ticker: ABEV3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



Voter Rationale: Concentrating votes on minority candidates


4


For None Elect Vinicius Balbino Bouhid as Fiscal Council Member and Carlos Tersandro Fonseca Adeodato as Alternate Appointed by Minority Shareholder

5


6

Voter Rationale: Lack of transparency so unable to assess all aspects of pay


7


8

Vote Summary Report



Meeting Type: Special Ticker: ABEV3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Article 2 For For






6

ArcBest Corporation Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: ARCB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Eduardo F. Conrado For For

For For Elect Director Fredrik J. Eliasson 1.2

For For Elect Director Stephen E. Gorman 1.3

For For Elect Director Michael P. Hogan 1.4

Withhold For Elect Director Kathleen D. McElligott 1.5

For For Elect Director Judy R. McReynolds 1.6

For For Elect Director Craig E. Philip 1.7

For For Elect Director Steven L. Spinner 1.8

For For Elect Director Janice E. Stipp 1.9


2



Vote Summary Report


Arch Resources, Inc. Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: ARCH

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Patrick J. Bartels, Jr. For For

Withhold For Elect Director James N. Chapman 1.2

Voter Rationale: Chair of the nominating committee and less than 20% of the board is comprised 20% female directors.

For For Elect Director John W. Eaves 1.3

For For Elect Director Holly Keller Koeppel 1.4

For For Elect Director Patrick A. Kriegshauser 1.5

For For Elect Director Paul A. Lang 1.6

For For Elect Director Richard A. Navarre 1.7


2

Against For Ratify Ernst & Young LLP as Auditor 3


Ascendas Real Estate Investment Trust Meeting Date: 04/29/2021 Country: Singapore

Meeting Type: Annual Ticker: A17U

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Adopt Report of the Trustee, Statement by the Manager, Audited Financial Statements and Auditors' Report

For For

For For Approve Ernst & Young LLP as Auditors and Authorize Manager to Fix Their Remuneration

2


3



Vote Summary Report


ASML Holding NV Meeting Date: 04/29/2021 Country: Netherlands

Meeting Type: Annual Ticker: ASML

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

3.a Approve Remuneration Report For Against

Voter Rationale: Lack of retrospective disclosure around the targets used to determine payouts so unable to assess pay for performance alignment.


3.b

For For Approve Dividends of EUR 2.75 Per Share 3.d



For For Approve Number of Shares for Management Board

5

For For Approve Certain Adjustments to the Remuneration Policy for Management Board

6

For For Approve Certain Adjustments to the Remuneration Policy for Supervisory Board

7

For For Elect B. Conix to Supervisory Board 9.a

For For Ratify KPMG Accountants N.V. as Auditors 10

For For Grant Board Authority to Issue Shares Up to 5 Percent of Issued Capital for General Purposes

11.a


11.b

For For Grant Board Authority to Issue or Grant Rights to Subscribe for Ordinary Shares Up to 5 Percent in Case of Merger or Acquisition

11.c

For For Authorize Board to Exclude Preemptive Rights from Share Issuances under 11.c

11.d


12.a

For For Authorize Additional Repurchase of Up to 10 Percent of Issued Share Capital

12.b


ASML Holding NV Meeting Date: 04/29/2021 Country: Netherlands

Meeting Type: Annual Ticker: ASML

Vote Summary Report


ASML Holding NV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

3.a Approve Remuneration Report For For


3.b

For For Approve Dividends of EUR 2.75 Per Share 3.d



For For Approve Number of Shares for Management Board

5

For For Approve Certain Adjustments to the Remuneration Policy for Management Board

6

For For Approve Certain Adjustments to the Remuneration Policy for Supervisory Board

7

For For Elect B. Conix to Supervisory Board 9.a

For For Ratify KPMG Accountants N.V. as Auditors 10

For For Grant Board Authority to Issue Shares Up to 5 Percent of Issued Capital for General Purposes

11.a


11.b

For For Grant Board Authority to Issue or Grant Rights to Subscribe for Ordinary Shares Up to 5 Percent in Case of Merger or Acquisition

11.c

For For Authorize Board to Exclude Preemptive Rights from Share Issuances under 11.c

11.d


12.a

For For Authorize Additional Repurchase of Up to 10 Percent of Issued Share Capital

12.b


AXA SA Meeting Date: 04/29/2021 Country: France

Meeting Type: Annual/Special Ticker: CS

Vote Summary Report


AXA SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3


4

For For Approve Compensation of Denis Duverne, Chairman of the Board

5

For For Approve Compensation of Thomas Buberl, CEO 6

For For Approve Amendment of Remuneration Policy of CEO Re: GM 2019 and 2020

7



9



11

For For Reelect Ramon de Oliveira as Director 12

For For Elect Guillaume Faury as Director 13

For For Elect Ramon Fernandez as Director 14


15

For For Authorize Capitalization of Reserves of Up to EUR 1 Billion for Bonus Issue or Increase in Par Value

16

For For Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 2 Billions

17


18


19

Vote Summary Report


AXA SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Authorize Board to Set Issue Price for 10 Percent Per Year of Issued Capital Pursuant to Issue Authority without Preemptive Rights

20

For For Authorize Capital Increase of Up to EUR 550 Million for Future Exchange Offers

21


22

For For Authorize Issuance of Equity Upon Conversion of a Subsidiary's Equity-Linked Securities without Preemptive Rights for Up to EUR 550 Million

23

For For Authorize Issuance of Equity Upon Conversion of a Subsidiary's Equity-Linked Securities with Preemptive Rights for Up to EUR 2 Billion

24


25


26


27


28

Azimut Holding SpA Meeting Date: 04/29/2021 Country: Italy

Meeting Type: Annual Ticker: AZM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3



4.2

Voter Rationale: Lack of transparency around how payouts relate to performance so unable to make an informed decision.

Vote Summary Report


Azimut Holding SpA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


A


B3 SA-Brasil, Bolsa, Balcao Meeting Date: 04/29/2021 Country: Brazil

Meeting Type: Annual Ticker: B3SA3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Fix Number of Directors at 11 3


Voter Rationale: Bundled election and at least one director is considered overboarded.


5



6

Voter Rationale: No cumulative voting request presented at the time of voting

Abstain None Percentage of Votes to Be Assigned - Elect Alberto Monteiro de Queiroz Netto as Independent Director

7.1


Abstain None Percentage of Votes to Be Assigned - Elect Ana Carla Abrao Costa as Independent Director

7.2


Abstain None Percentage of Votes to Be Assigned - Elect Antonio Carlos Quintella as Independent Director

7.3


Vote Summary Report


B3 SA-Brasil, Bolsa, Balcao Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Abstain None Percentage of Votes to Be Assigned - Elect Claudia Farkouh Prado as Independent Director

7.4


Abstain None Percentage of Votes to Be Assigned - Elect Cristina Anne Betts as Independent Director

7.5


Abstain None Percentage of Votes to Be Assigned - Elect Eduardo Mazzilli de Vassimon as Independent Director

7.6


Abstain None Percentage of Votes to Be Assigned - Elect Florian Bartunek as Independent Director

7.7


Abstain None Percentage of Votes to Be Assigned - Elect Guilherme Affonso Ferreira as Independent Director

7.8


Abstain None Percentage of Votes to Be Assigned - Elect Jose de Menezes Berenguer Neto as Independent Director

7.9


Abstain None Percentage of Votes to Be Assigned - Elect Mauricio Machado de Minas as Independent Director

7.10


Abstain None Percentage of Votes to Be Assigned - Elect Pedro Paulo Giubbina Lorenzini as Independent Director

7.11



8



9


10


Vote Summary Report


B3 SA-Brasil, Bolsa, Balcao Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


12



13

Banco Santander Chile SA Meeting Date: 04/29/2021 Country: Chile

Meeting Type: Annual Ticker: BSANTANDER

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Allocation of Income and Dividends of CLP 1.65 Per Share

2




For For Approve Remuneration and Budget of Directors' Committee and Audit Committee; Receive Directors and Audit Committee's Report

6


Meeting Type: Annual Ticker: BSMXB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Accept Financial Statements For For

For For Accept Auditor's Report 1.2

Vote Summary Report


Banco Santander Mexico SA Institucion de Banca Multiple Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Receive Executive Chairman and CEO's Reports 3

For For Receive Report on Board's Opinion on Executive Chairman and CEO's Reports

4

For For Receive Board's Report on Principal Policies and Accounting and Information Criteria

5

For For Receive Report on Adherence to Fiscal Obligations

6

For For Receive Report on Activities and Operations Undertaken by Board

7

For For Receive Report on Activities of Audit, Corporate Practices, Nominations and Compensations Committees

8

Against For Elect and Ratify Directors and Their Alternates Representatives of Series F and B Shareholders; Fix Their Remuneration

9



10



Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect or Ratify Directors and Commissioners Representing Series B Shareholders

For Against



2



Meeting Type: Annual/Special Ticker: BSMXB

Vote Summary Report


Banco Santander Mexico SA Institucion de Banca Multiple

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect or Ratify Directors and Commissioners Representing Series B Shareholders

For Against



2



1


For For Receive Executive Chairman and CEO's Reports 3

For For Receive Report on Board's Opinion on Executive Chairman and CEO's Reports

4

For For Receive Board's Report on Principal Policies and Accounting and Information Criteria

5

For For Receive Report on Adherence to Fiscal Obligations

6

For For Receive Report on Activities and Operations Undertaken by Board

7

For For Receive Report on Activities of Audit, Corporate Practices, Nominations and Compensations Committees

8

Against For Elect and Ratify Directors and Their Alternates Representatives of Series F and B Shareholders; Fix Their Remuneration

9



10

Banque Cantonale Vaudoise Meeting Date: 04/29/2021 Country: Switzerland

Meeting Type: Annual Ticker: BCVN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


Banque Cantonale Vaudoise Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


3


4.1


4.2


4.3

For For Approve Long-Term Variable Remuneration of Executive Committee in Form of 12,631 Shares

4.4


5

For For Elect Pierre-Alain Urech as Director 6

For For Designate Christophe Wilhelm as Independent Proxy

7



Banque Cantonale Vaudoise Meeting Date: 04/29/2021 Country: Switzerland

Meeting Type: Annual Ticker: BCVN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Barco NV Meeting Date: 04/29/2021 Country: Belgium

Meeting Type: Annual Ticker: BAR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


Barco NV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Remuneration Policy 4a

Voter Rationale: Non financial metrics are poorly defined so unable to assess their stringency.

For For Approve Remuneration Report 4b



Against For Reelect Hilde Laga as Independent Director 7.1


For For Elect Lieve Creten as Independent Director 7.2


For For Ratify BV PwC as Auditors 9

For For Approve 2021 Stock Option Plans 10

Barco NV Meeting Date: 04/29/2021 Country: Belgium

Meeting Type: Special Ticker: BAR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Authorization to Increase Share Capital up to 30 Percent within the Framework of Authorized Capital

For For

BASF SE Meeting Date: 04/29/2021 Country: Germany

Meeting Type: Annual Ticker: BAS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


3

Vote Summary Report


BASF SE Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


4


For For Elect Liming Chen to the Supervisory Board 6

Baytex Energy Corp. Meeting Date: 04/29/2021 Country: Canada

Meeting Type: Annual Ticker: BTE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Mark R. Bly For For

For For Elect Director Trudy M. Curran 1b

For For Elect Director Don G. Hrap 1c

For For Elect Director Edward D. LaFehr 1d

For For Elect Director Jennifer A. Maki 1e

For For Elect Director Gregory K. Melchin 1f

For For Elect Director David L. Pearce 1g

For For Elect Director Steve D. L. Reynish 1h


2


3

BB Seguridade Participacoes SA Meeting Date: 04/29/2021 Country: Brazil

Meeting Type: Annual Ticker: BBSE3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


BB Seguridade Participacoes SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Elect Carlos Motta dos Santos as Board Chairman

3.1

Against For Elect Mauro Ribeiro Neto as Board Vice-Chairman

3.2


Against For Elect Marcio Hamilton Ferreira as Director 3.3


For For Elect Arnaldo Jose Vollet as Independent Director

3.4

Against For Elect Ricardo Moura de Araujo Faria as Director 3.5


Against For Elect Claudio Xavier Seefelder Filho as Director 3.6


For None Elect Isabel da Silva Ramos as Director as Minority Representative Under Majority Board Election

3.7


4

Voter Rationale: Lack of information around cumulative voting

Abstain None Percentage of Votes to Be Assigned - Elect Carlos Motta dos Santos as Board Chairman

5.1


Abstain None Percentage of Votes to Be Assigned - Elect Mauro Ribeiro Neto as Board Vice-Chairman

5.2


Abstain None Percentage of Votes to Be Assigned - Elect Marcio Hamilton Ferreira as Director

5.3


Abstain None Percentage of Votes to Be Assigned - Elect Arnaldo Jose Vollet as Independent Director

5.4


Abstain None Percentage of Votes to Be Assigned - Elect Ricardo Moura de Araujo Faria as Director

5.5


Abstain None Percentage of Votes to Be Assigned - Elect Claudio Xavier Seefelder Filho as Director

5.6


Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

Abstain None Percentage of Votes to Be Assigned - Elect Isabel da Silva Ramos as Director as Minority Representative Under Majority Board Election

5.7


For For Elect Bruno Monteiro Martins as Alternate Fiscal Council Member

6


7


8

For For Approve Remuneration of Audit Committee Members and Related Party Transactions Committee Member

9


10



11

BB Seguridade Participacoes SA Meeting Date: 04/29/2021 Country: Brazil

Meeting Type: Special Ticker: BBSE3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







Against For Add Article 54 7

Voter Rationale: Lack of rationale

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Share Matching Plan for Company's Executives

8

Voter Rationale: Lack of performance conditions attached to the plan

BCE Inc. Meeting Date: 04/29/2021 Country: Canada

Meeting Type: Annual Ticker: BCE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Mirko Bibic For For

For For Elect Director David F. Denison 1.2

For For Elect Director Robert P. Dexter 1.3

For For Elect Director Ian Greenberg 1.4

For For Elect Director Katherine Lee 1.5

For For Elect Director Monique F. Leroux 1.6

Withhold For Elect Director Sheila A. Murray 1.7

For For Elect Director Gordon M. Nixon 1.8

For For Elect Director Louis P. Pagnutti 1.9

For For Elect Director Calin Rovinescu 1.10

For For Elect Director Karen Sheriff 1.11

For For Elect Director Robert C. Simmonds 1.12

For For Elect Director Jennifer Tory 1.13

For For Elect Director Cornell Wright 1.14

Withhold For Ratify Deloitte LLP as Auditors 2


3

Bethel Automotive Safety Systems Co., Ltd. Meeting Date: 04/29/2021 Country: China


Vote Summary Report


Bethel Automotive Safety Systems Co., Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction





Against For Approve Financial Statements and Financial Budget Report

5

Voter Rationale: Financial Budget Report has not been disclosed.



For For Approve to Appoint Auditor and Internal Control Auditor

8

For For Approve Acquisition of Equity of Controlled Subsidiary

9

For For Approve Acquisition of Control Rights of Associate Company

10

For For Approve Authorization of Board to Handle Matters Related to Acquisition of Equity of Controlled Subsidiary

11

Against For Approve Extension of Resolution Validity Period in Connection to Convertible Bonds Issuance

12


Against For Approve Extension in Authorization for Board to Handle All Matters Related to Convertible Bonds Issuance

13


Bolsa Mexicana de Valores SAB de CV Meeting Date: 04/29/2021 Country: Mexico

Meeting Type: Annual Ticker: BOLSAA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1.1 Approve CEO's Report and External Auditor's Report

For For

Vote Summary Report


Bolsa Mexicana de Valores SAB de CV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Board's Report on Operations and Results of Company

1.1.2

For For Approve Board's Opinion on CEO's Report 1.1.3

For For Approve to Add Copy of Reports Mentioned in Previous Items and Opinion to Minutes of Meeting

1.1.4


1.2


1.3

For For Approve Individual and Consolidated Financial Statements

1.4

For For Approve Chairman's Report of Audit Committee 1.5.1

For For Approve Chairman's Report of Corporate Practices Committee

1.5.2

For For Approve Reports of Other Committees 1.6

For For Approve Discharge of Board 1.7.1

For For Approve Discharge of Audit Committee 1.7.2

For For Approve Discharge of Corporate Practices Committee

1.7.3

For For Approve Report of Statutory Auditors 1.8

For For Accept Report on Compliance with Fiscal Obligations

1.9

For For Approve Allocation of MXN 74.64 Million to Increase Legal Reserve

2.1

For For Approve Allocation of MXN 1.12 Billion to Reserve of Accumulated Earnings Pending to be Applied

2.2

For For Approve Cash Dividends of MXN 2.02 Per Share 3


For For Elect or Ratify Marcos Alejandro Martinez Gavica as Director

4.2.a

For For Elect or Ratify Eduardo Cepeda Fernandez as Director

4.2.b

For For Elect or Ratify Carlos Bremer Gutierrez as Director

4.2.c

For For Elect or Ratify Felipe Garcia-Moreno Rodriguez as Director

4.2.d

For For Elect or Ratify Francisco Gil Diaz as Director 4.2.e

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect or Ratify Alfonso Gonzalez Migoya as Director

4.2.f


For For Elect or Ratify Carlos Hank Gonzalez as Director 4.2.g

For For Elect or Ratify Ernesto Ortega Arellano as Director

4.2.h

For For Elect or Ratify Tania Ortiz Mena Lopez Negrete as Director

4.2.i

For For Elect or Ratify Eduardo Osuna Osuna as Director 4.2.j

For For Elect or Ratify Clemente Ismael Reyes-Retana Valdes as Director

4.2.k

Against For Elect or Ratify Fernando Ruiz Sahagun as Director

4.2.l


For For Elect or Ratify Alberto Torrado Martinez as Director

4.2.m

For For Elect or Ratify Blanca Avelina Trevino de Vega as Director

4.2.n

For For Elect or Ratify Eduardo Valdes Acra as Director 4.2.o

For For Elect or Ratify Edgardo Mauricio Cantu Delgado as Alternate Director

4.2.p

For For Elect or Ratify Tomas Christian Ehrenberg Aldford as Alternate Director

4.2.q

For For Elect or Ratify Hector Blas Grisi Checa as Alternate Director

4.2.r

For For Elect or Ratify Claudia Janez Sanchez as Alternate Director

4.2.s

For For Elect or Ratify Lourdes Melgar Palacios as Alternate Director

4.2.t

For For Elect or Ratify Marcos Ramirez Miguel as Alternate Director

4.2.u

For For Elect or Ratify Alvaro Vaqueiro Ussel as Alternate Director

4.2.w

For For Approve Any Alternate Director Can Replace Director

4.3

For For Approve Independence Classification of Independent Directors

4.4

For For Accept Resignation of Each Person Who do not Ratify themselves as Director

4.5

For For Ratify Marcos Alejandro Martinez Gavica as Board Chairman

4.6

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

For For Ratify Rafael Robles Miaja as Secretary of Board 4.7

For For Ratify Maria Luisa Petricioli Castellon as Deputy Secretary of Board

4.8

For For Ratify Oscar Aguirre Hernandez as Statutory Auditor

4.9

For For Ratify Alfonso Gonzalez Migoya as Chairman and Member of Audit Committee

4.10

For For Ratify Fernando Ruiz Sahagun as Member of Audit Committee

4.11

For For Ratify Clemente Ismael Reyes-Retana Valdes as Member of Audit Committee

4.12

For For Ratify Marcos Alejandro Martinez Gavica as Member of Audit Committee

4.13

For For Ratify Alfonso Gonzalez Migoya as Chairman and Member of Corporate Practices Committee

4.14

For For Ratify Fernando Ruiz Sahagun as Member of Corporate Practices Committee

4.15

For For Ratify Tania Ortiz Mena Lopez Negrete as Member of Corporate Practices Committee

4.16

For For Ratify Marcos Alejandro Martinez Gavica as Member of Corporate Practices Committee

4.17

For For Authorize Board to Elect Rest of Members and Chairmen of Committees

4.18


5.1

For For Approve Remuneration of Members of Audit Committee in the Amount of MXN 60,000

5.2

For For Approve Remuneration of Members of Corporate Practices Committees in the Amount of MXN 25,000

5.3

For For Approve Report of Policies Related to Repurchase of Shares

6.1

For For Approve Report on Company Has 503,336 Series A Class I Repurchase Shares

6.2

For For Set Amount of Share Repurchase Reserve at MXN 900 Million

7.1

For For Authorize Rafael Robles Miaja, Maria Luisa Petricioli Castellon and Clementina Ramirez de Arellano Moreno to Ratify and Execute Approved Resolutions

8.1

Vote Summary Report


Bradespar SA Meeting Date: 04/29/2021 Country: Brazil

Meeting Type: Annual Ticker: BRAP4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Reynaldo Passanezi Filho as Director Appointed by Preferred Shareholder

None Abstain

Voter Rationale: We are supportive of item 1.2

For None Elect Jose Luiz Osorio de Almeida Filho as Director Appointed by Preferred Shareholder

1.2


2


3

For None Elect Wilfredo Joao Vicente Gomes as Fiscal Council Member and Fabio Guimaraes Vianna as Alternate Appointed by Preferred Shareholder

4

Cabot Oil & Gas Corporation Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: COG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Dorothy M. Ables For For

Withhold For Elect Director Rhys J. Best 1.2


For For Elect Director Robert S. Boswell 1.3

For For Elect Director Amanda M. Brock 1.4

For For Elect Director Peter B. Delaney 1.5

For For Elect Director Dan O. Dinges 1.6

Vote Summary Report


Cabot Oil & Gas Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director W. Matt Ralls 1.7

For For Elect Director Marcus A. Watts 1.8




3

Canfor Corporation Meeting Date: 04/29/2021 Country: Canada

Meeting Type: Annual Ticker: CFP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Fix Number of Directors at Twelve For For

Withhold For Elect Director Conrad A. Pinette 2.1


For For Elect Director Glen D. Clark 2.2

Withhold For Elect Director Ross S. Smith 2.3

Voter Rationale: Chair of the audit committee and excessive non-audit fees paid to the auditor.

For For Elect Director William W. Stinson 2.4

For For Elect Director Frederick T. Stimpson III 2.5

For For Elect Director Dieter W. Jentsch 2.6

For For Elect Director Dianne L. Watts 2.7

For For Elect Director Ryan Barrington-Foote 2.8

For For Elect Director John R. Baird 2.9

For For Elect Director M. Dallas H. Ross 2.10

For For Elect Director Anders Ohlner 2.11

For For Elect Director Donald B. Kayne 2.12


Voter Rationale: Excessive non-audit fees.

Vote Summary Report


Catena AB Meeting Date: 04/29/2021 Country: Sweden

Meeting Type: Annual Ticker: CATE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







10


11

For For Approve Discharge of Gustav Hermelin 12a

For For Approve Discharge of Katarina Wallin 12b

For For Approve Discharge of Helene Briggert 12c

For For Approve Discharge of Tomas Andersson 12d

For For Approve Discharge of Magnus Swardh 12e

For For Approve Discharge of Caeser Afors 12f

For For Approve Discharge of Vesca Jovic 12g

For For Approve Discharge of Benny Thogersen 12h

For For Approve Discharge of Jorgen Eriksson 12i


13

For For Approve Remuneration of Directors in the Amount of SEK 385,000 for Chairman, and SEK 190,000 for Other Directors; Approve Remuneration for Committee Work

14a


For For Reelect Gustav Hermelin as Director 15a

For For Reelect Katarina Wallin as Director 15b

For For Reelect Helene Briggert as Director 15c

For For Elect Lennart Mauritzon as New Director 15d

For For Reelect Magnus Swardh as Director 15e

For For Reelect Caesar Afors as Director 15f

Vote Summary Report


Catena AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Vesna Jovic as Director 15g

For For Reelect Gustav Hermelin as Board Chairman 15h


For For Authorize Chairman of the Board and Representatives of Four of Company's Largest Shareholders to Serve on Nominating Committee

17


18





22

For For Amend Articles Re: Editorial Changes to Article 1; Participation at General Meeting; External Attendance at General Meetings; Proxies and Postal Ballot

23

Celestica Inc. Meeting Date: 04/29/2021 Country: Canada

Meeting Type: Annual Ticker: CLS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Robert A. Cascella For For

For For Elect Director Deepak Chopra 1.2

For For Elect Director Daniel P. DiMaggio 1.3

For For Elect Director Laurette T. Koellner 1.4

For For Elect Director Robert A. Mionis 1.5

For For Elect Director Carol S. Perry 1.6

For For Elect Director Tawfiq Popatia 1.7

For For Elect Director Eamon J. Ryan 1.8

For For Elect Director Michael M. Wilson 1.9

Vote Summary Report


Celestica Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



For For Authorize Board to Fix Remuneration of Auditors 3


4

Voter Rationale: Pay-for-performance misalignment.

China Jushi Co. Ltd. Meeting Date: 04/29/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction






For For Approve Capitalization of Capital Reserves 6

For For Approve to Appoint Financial and Internal Control Auditors and to Fix Their Remuneration

7

For For Approve Related Party Transaction with CNBM International Corporation

8.1

For For Approve Related Party Transaction with Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd.

8.2

For For Approve Related Party Transaction with Beixin Group Building Materials Co., Ltd.

8.3

For For Approve Related Party Transaction with Zhenshi Holding Group Co., Ltd.

8.4

For For Approve Related Party Transaction with Zhejiang Hengshi Fiber Foundation Co., Ltd.

8.5

For For Approve Authorization of Company and Subsidiaries for Financing Credit

9

For For Approve Provision of Guarantees 10

Vote Summary Report


China Jushi Co. Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Issuance of Corporate Bonds and Debt Financing Instruments

11

For For Approve Forward Foreign Exchange Settlement and Sale, Currency Interest Rate Swap and Precious Metals Futures Trading

12

For For Approve Technical Transformation Project of Glass Fiber Kiln Drawing Production Line

13

For For Approve Technical Transformation Project of High Performance Glass Fiber Kiln Drawing Production Line

14

For For Approve Adjustment on the Construction Plan for Production Line of Electronic Cloth

15

For For Approve Construction Project of Glass Fiber Chopped Strand Production Line

16

For For Amend Working System for Independent Directors

17

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction






For For Approve Capitalization of Capital Reserves 6

For For Approve to Appoint Financial and Internal Control Auditors and to Fix Their Remuneration

7

For For Approve Related Party Transaction with CNBM International Corporation

8.1

For For Approve Related Party Transaction with Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd.

8.2

For For Approve Related Party Transaction with Beixin Group Building Materials Co., Ltd.

8.3

For For Approve Related Party Transaction with Zhenshi Holding Group Co., Ltd.

8.4

For For Approve Related Party Transaction with Zhejiang Hengshi Fiber Foundation Co., Ltd.

8.5

For For Approve Authorization of Company and Subsidiaries for Financing Credit

9

Vote Summary Report


China Jushi Co. Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Approve Issuance of Corporate Bonds and Debt Financing Instruments

11

For For Approve Forward Foreign Exchange Settlement and Sale, Currency Interest Rate Swap and Precious Metals Futures Trading

12

For For Approve Technical Transformation Project of Glass Fiber Kiln Drawing Production Line

13

For For Approve Technical Transformation Project of High Performance Glass Fiber Kiln Drawing Production Line

14

For For Approve Adjustment on the Construction Plan for Production Line of Electronic Cloth

15

For For Approve Construction Project of Glass Fiber Chopped Strand Production Line

16


17

China Lilang Ltd. Meeting Date: 04/29/2021 Country: Cayman Islands


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Final Dividend and Special Dividend 2

Against For Elect Wang Dong Xing as Director 3.1

For For Elect Cai Rong Hua as Director 3.2

Against For Elect Pan Rong Bin as Director 3.3


4

For For Approve KPMG as Auditor and Authorize Board to Fix Their Remuneration

5


6



Vote Summary Report


China Mobile Limited Meeting Date: 04/29/2021 Country: Hong Kong


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Yang Jie as Director 3.1

For For Elect Dong Xin as Director 3.2

For For Elect Li Ronghua as Director 3.3

For For Elect Yang Qiang as Director 4

For For Approve KPMG and KPMG Huazhen LLP as Auditors and Authorize Board to Fix Their Remuneration

5



7





Chongqing Zaisheng Technology Co., Ltd. Meeting Date: 04/29/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Company's Eligibility for Issuance of Convertible Bonds

For For


For For Approve Issue Scale 2.2

For For Approve Par Value and Issue Price 2.3

For For Approve Duration of Convertible Bonds 2.4

Vote Summary Report


Chongqing Zaisheng Technology Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Bond Interest Rate 2.5

For For Approve Interest Payment 2.6

For For Approve Conversion Period 2.7

For For Approve Determination of Number of Conversion Shares

2.8

For For Approve Determination and Adjustment of Conversion Price

2.9

For For Approve Terms for Downward Adjustment of Conversion Price

2.10

For For Approve Terms of Redemption 2.11

For For Approve Terms of Sell-Back 2.12

For For Approve Dividend Distribution Post Conversion 2.13

For For Approve Issue Manner and Target Parties 2.14

For For Approve Placing Arrangement for Shareholders 2.15

For For Approve Matters Relating to Meetings of Bond Holders

2.16

For For Approve Usage of Raised Funds 2.17

For For Approve Guarantee 2.18

For For Approve Depository of Raised Funds 2.19

For For Approve Validity Period 2.20

For For Approve Plan on Convertible Bond Issuance 3


4

For For Approve Impact of Dilution of Current Returns on Major Financial Indicators and the Relevant Measures to be Taken

5

For For Approve Bondholder Meeting Rules 6


7


8


For For Approve Formulation of Internal Audit Management System

10

For For Approve Profit Distribution for the First Three Quarters of 2020

11

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction



13


14

For For Amend Rules and Procedures Regarding Meetings of Board of Supervisors

15


16

For For Amend Related-party Transaction Decision Management System

17

For For Amend Information Disclosure Affairs Management System

18

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Company's Eligibility for Issuance of Convertible Bonds

1


For For Approve Issue Scale 2.2

For For Approve Par Value and Issue Price 2.3

For For Approve Duration of Convertible Bonds 2.4

For For Approve Bond Interest Rate 2.5

For For Approve Interest Payment 2.6

For For Approve Conversion Period 2.7

For For Approve Determination of Number of Conversion Shares

2.8

For For Approve Determination and Adjustment of Conversion Price

2.9

For For Approve Terms for Downward Adjustment of Conversion Price

2.10

For For Approve Terms of Redemption 2.11

For For Approve Terms of Sell-Back 2.12

For For Approve Dividend Distribution Post Conversion 2.13

For For Approve Issue Manner and Target Parties 2.14

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Placing Arrangement for Shareholders 2.15

For For Approve Matters Relating to Meetings of Bond Holders

2.16

For For Approve Usage of Raised Funds 2.17

For For Approve Guarantee 2.18

For For Approve Depository of Raised Funds 2.19

For For Approve Validity Period 2.20

For For Approve Plan on Convertible Bond Issuance 3


4

For For Approve Impact of Dilution of Current Returns on Major Financial Indicators and the Relevant Measures to be Taken

5

For For Approve Bondholder Meeting Rules 6


7


8


For For Approve Formulation of Internal Audit Management System

10

For For Approve Profit Distribution for the First Three Quarters of 2020

11



13


14

For For Amend Rules and Procedures Regarding Meetings of Board of Supervisors

15


16

For For Amend Related-party Transaction Decision Management System

17

For For Amend Information Disclosure Affairs Management System

18

Vote Summary Report


Church & Dwight Co., Inc. Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: CHD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director James R. Craigie For For

For For Elect Director Matthew T. Farrell 1b

Against For Elect Director Bradley C. Irwin 1c

For For Elect Director Penry W. Price 1d

For For Elect Director Susan G. Saideman 1e

Against For Elect Director Ravichandra K. Saligram 1f

Against For Elect Director Robert K. Shearer 1g

For For Elect Director Janet S. Vergis 1h

Against For Elect Director Arthur B. Winkleblack 1i

For For Elect Director Laurie J. Yoler 1j


2

For For Eliminate Supermajority Vote Requirement to Fill Board Vacancies

3

For For Eliminate Supermajority Vote Requirement to Approve Certain Mergers, Consolidations or Dispositions of Substantial Assets

4

For For Amend Articles of Incorporation to Remove Provisions Relating to Classified Board

5


Coca-Cola Icecek AS Meeting Date: 04/29/2021 Country: Turkey

Meeting Type: Annual Ticker: CCOLA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Vote Summary Report


Coca-Cola Icecek AS Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction





For For Ratify Director Appointment 7

Against For Elect Directors and Approve Their Remuneration 8

Voter Rationale: Proposed board fees not disclosed so unable to make an informed decision.

For For Amend Article 8 Re: Board Related 9



14

Companhia de Saneamento Basico do Estado de Sao Paulo SABESP Meeting Date: 04/29/2021 Country: Brazil

Meeting Type: Annual Ticker: SBSP3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




4



5

Vote Summary Report


Companhia de Saneamento Basico do Estado de Sao Paulo SABESP Meeting Date: 04/29/2021 Country: Brazil

Meeting Type: Special Ticker: SBSP3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Ratify Election of Luis Eduardo de Assis as Independent Director

For For

For For Amend Articles Re: Competences of Executive Directors

2


Companhia Paranaense de Energia Meeting Date: 04/29/2021 Country: Brazil

Meeting Type: Annual Ticker: CPLE6

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

3a Elect Marco Antonio Bologna as Director Appointed by Preferred Shareholder

None For

Abstain None Elect Fiscal Council Member Appointed by Preferred Shareholder

4a

Voter Rationale: No nominee details disclosed at the time of voting

Continental AG Meeting Date: 04/29/2021 Country: Germany


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Allocation of Income and Omission of Dividends

For For

For For Approve Discharge of Management Board Member Nikolai Setzer for Fiscal Year 2020

3.1

For For Approve Discharge of Management Board Member Elmar Degenhart for Fiscal Year 2020

3.2

Vote Summary Report


Continental AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discharge of Management Board Member Hans-Juergen Duensing for Fiscal Year 2020

3.3

For For Approve Discharge of Management Board Member Frank Jourdan for Fiscal Year 2020

3.4

For For Approve Discharge of Management Board Member Christian Koetz for Fiscal Year 2020

3.5

For For Approve Discharge of Management Board Member Helmut Matschi for Fiscal Year 2020

3.6

For For Approve Discharge of Management Board Member Ariane Reinhart for Fiscal Year 2020

3.7

For For Approve Discharge of Management Board Member Wolfgang Schaefer for Fiscal Year 2020

3.8

For For Approve Discharge of Management Board Member Andreas Wolf for Fiscal Year 2020

3.9

For For Approve Discharge of Supervisory Board Member Wolfgang Reitzle for Fiscal Year 2020

4.1

For For Approve Discharge of Supervisory Board Member Hasan Allak for Fiscal Year 2020

4.2

For For Approve Discharge of Supervisory Board Member Christiane Benner for Fiscal Year 2020

4.3

For For Approve Discharge of Supervisory Board Member Gunter Dunkel for Fiscal Year 2020

4.4

For For Approve Discharge of Supervisory Board Member Francesco Grioli for Fiscal Year 2020

4.5

For For Approve Discharge of Supervisory Board Member Michael Iglhaut for Fiscal Year 2020

4.6

For For Approve Discharge of Supervisory Board Member Satish Khatu for Fiscal Year 2020

4.7

For For Approve Discharge of Supervisory Board Member Isabel Knauf for Fiscal Year 2020

4.8

For For Approve Discharge of Supervisory Board Member Sabine Neuss for Fiscal Year 2020

4.9

For For Approve Discharge of Supervisory Board Member Rolf Nonnenmacher for Fiscal Year 2020

4.10

For For Approve Discharge of Supervisory Board Member Dirk Nordmann for Fiscal Year 2020

4.11

For For Approve Discharge of Supervisory Board Member Lorenz Pfau for Fiscal Year 2020

4.12

For For Approve Discharge of Supervisory Board Member Klaus Rosenfeld for Fiscal Year 2020

4.13

For For Approve Discharge of Supervisory Board Member Georg Schaeffler for Fiscal Year 2020

4.14

Vote Summary Report


Continental AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discharge of Supervisory Board Member Maria-Elisabeth Schaeffler-Thumann for Fiscal Year 2020

4.15

For For Approve Discharge of Supervisory Board Member Joerg Schoenfelder for Fiscal Year 2020

4.16

For For Approve Discharge of Supervisory Board Member Stefan Scholz for Fiscal Year 2020

4.17

For For Approve Discharge of Supervisory Board Member Kirsten Voerkelfor Fiscal Year 2020

4.18

For For Approve Discharge of Supervisory Board Member Elke Volkmann for Fiscal Year 2020

4.19

For For Approve Discharge of Supervisory Board Member Siegfried Wolf for Fiscal Year 2020

4.20


5


For For Approve Spin-Off and Takeover Agreement with Vitesco Technologies Group Aktiengesellschaft

7

Corning Incorporated Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: GLW

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Donald W. Blair For For

Against For Elect Director Leslie A. Brun 1b

For For Elect Director Stephanie A. Burns 1c

For For Elect Director Richard T. Clark 1d

For For Elect Director Robert F. Cummings, Jr. 1e

For For Elect Director Roger W. Ferguson, Jr. 1f

For For Elect Director Deborah A. Henretta 1g

For For Elect Director Daniel P. Huttenlocher 1h

Against For Elect Director Kurt M. Landgraf 1i

For For Elect Director Kevin J. Martin 1j

Vote Summary Report


Corning Incorporated Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect Director Deborah D. Rieman 1k

Against For Elect Director Hansel E. Tookes, II 1l

For For Elect Director Wendell P. Weeks 1m

For For Elect Director Mark S. Wrighton 1n


2



CRH Plc Meeting Date: 04/29/2021 Country: Ireland

Meeting Type: Annual Ticker: CRH

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



Voter Rationale: High quantum of pay especially the single figure amount

Against For Re-elect Richie Boucher as Director 4a

Voter Rationale: Poor remuneration practices.

For For Elect Caroline Dowling as Director 4b

For For Elect Richard Fearon as Director 4c

For For Re-elect Johan Karlstrom as Director 4d

For For Re-elect Shaun Kelly as Director 4e

For For Elect Lamar McKay as Director 4f

For For Re-elect Albert Manifold as Director 4g

For For Re-elect Gillian Platt as Director 4h

For For Re-elect Mary Rhinehart as Director 4i

For For Re-elect Siobhan Talbot as Director 4j

Vote Summary Report


CRH Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Ratify Deloitte Ireland LLP as Auditors 6



8


9


For For Authorise Reissuance of Treasury Shares 11

For For Approve Scrip Dividend 12

For For Approve Savings-Related Share Option Schemes 13

For For Approve Cancellation of Share Premium Account 14

Dalata Hotel Group Plc Meeting Date: 04/29/2021 Country: Ireland

Meeting Type: Annual Ticker: DHG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect John Hennessy as Director 3a

For For Re-elect Patrick McCann as Director 3b

For For Re-elect Stephen McNally as Director 3c

For For Re-elect Dermot Crowley as Director 3d

For For Re-elect Robert Dix as Director 3e

For For Re-elect Alf Smiddy as Director 3f

For For Re-elect Margaret Sweeney as Director 3g

For For Re-elect Elizabeth McMeikan as Director 3h

For For Re-elect Shane Casserly as Director 3i

Vote Summary Report


Dalata Hotel Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




6


7


For For Authorise Re-allotment of Treasury Shares 9


10

Danone SA Meeting Date: 04/29/2021 Country: France

Meeting Type: Annual/Special Ticker: BN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3

For For Reelect Guido Barilla as Director 4

For For Reelect Cecile Cabanis as Director 5

For For Reelect Michel Landel as Director 6

For For Reelect Serpil Timuray as Director 7

For For Ratify Appointment of Gilles Schnepp as Director

8


9


10

For For Approve Compensation of Emmanuel Faber, Chairman and CEO

11

Vote Summary Report


Danone SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


12

For For Approve Remuneration of Directors Aggregate Amount of EUR 1.25 Million

13



15


16

For For Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights with Binding Priority Right up to Aggregate Nominal Amount of EUR 17 Million

17


18

For For Authorize Capital Increase of Up to EUR 17 Million for Future Exchange Offers

19


20


21


22


23

For For Authorize up to 0.2 Percent of Issued Capital for Use in Restricted Stock Plans

24


25


26


27

For For Approve Compensation Report of Emmanuel Faber, Chairman and CEO Until 14 March 2021

28

Vote Summary Report


Datalogic SpA Meeting Date: 04/29/2021 Country: Italy

Meeting Type: Annual Ticker: DAL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




Against None Slate 1 Submitted by Hydra SpA 3.3.1

Voter Rationale: Supportive of election of minority representative in slate 2


3.3.2

For None Elect Romano Volta as Board Chair 3.4

For None Approve Remuneration of Directors 4


Voter Rationale: Severance payments can exceed 24 months' pay


5.2

Voter Rationale: We are not supportive of one off awards, particularly when no compelling rationale has been provided


6

Voter Rationale: Share repurchase limit exceeds 10%


A


DEUTZ AG Meeting Date: 04/29/2021 Country: Germany

Meeting Type: Annual Ticker: DEZ

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Discharge of Management Board for Fiscal Year 2020

For For

Vote Summary Report


DEUTZ AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


3


4



For For Elect Rudolf Maier to the Supervisory Board 7

Devro Plc Meeting Date: 04/29/2021 Country: United Kingdom

Meeting Type: Annual Ticker: DVO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Steve Good as Director 3

For For Re-elect Rutger Helbing as Director 4

For For Elect Rohan Cummings as Director 5

For For Elect Jeremy Burks as Director 6

For For Elect Chantal Cayuela as Director 7

For For Elect Lesley Jackson as Director 8

For For Re-elect Malcolm Swift as Director 9



11





15


16

Vote Summary Report


Devro Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



18

doValue SpA Meeting Date: 04/29/2021 Country: Italy

Meeting Type: Annual Ticker: DOV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Against For Approve Remuneration Policy 2.1a

Voter Rationale: Concerns remain over excessive CEO salary


2.1b

Voter Rationale: Pay for performance misalignment concerns

Against For Approve 2021 Incentive Plan 2.2

Voter Rationale: Reduction in deferral period is not best practice


3



For None Slate 1 Submitted by AVIO Sarl 4.3.1


4.3.2

Voter Rationale: Supportive of slate 1 which contains most incumbent board members


Against None Slate 1 Submitted by AVIO Sarl 5.1.1



5.1.2

For None Appoint Chairman of Internal Statutory Auditors 5.2

Vote Summary Report


doValue SpA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For None Approve Internal Auditors' Remuneration 5.3


A


Duratex SA Meeting Date: 04/29/2021 Country: Brazil

Meeting Type: Special Ticker: DTEX3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Long-Term Incentive Plan For Against

Voter Rationale: Not all parts of the plan have disclosed performance targets attached.

For For Approve Minutes of Meeting Summary 2

For For Approve Minutes of Meeting with Exclusion of Shareholder Names

3

Duratex SA Meeting Date: 04/29/2021 Country: Brazil

Meeting Type: Annual Ticker: DTEX3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




4



Voter Rationale: Bundled resolution along with a lack of independence

Vote Summary Report


Duratex SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


6



7

Voter Rationale: Lack of disclosure around cumulative voting

Abstain None Percentage of Votes to Be Assigned - Elect Alfredo Egydio Arruda Villela Filho as Director and Alexandre de Barros as Alternate

8.1


Abstain None Percentage of Votes to Be Assigned - Elect Alfredo Egydio Setubal as Director and Paula Lucas Setubal as Alternate

8.2


Abstain None Percentage of Votes to Be Assigned - Elect Andrea Laserna Seibel as Director and Alex Laserna Seibel as Alternate

8.3


Abstain None Percentage of Votes to Be Assigned - Elect Helio Seibel as Director and Alex Laserna Seibel as Alternate

8.4


Abstain None Percentage of Votes to Be Assigned - Elect Juliana Rozenbaum Munemori as Independent Director

8.5


Abstain None Percentage of Votes to Be Assigned - Elect Marcio Froes Torres as Independent Director

8.6


Abstain None Percentage of Votes to Be Assigned - Elect Raul Calfat as Independent Director

8.7


Abstain None Percentage of Votes to Be Assigned - Elect Ricardo Egydio Setubal as Director and Paula Lucas Setubal as Alternate

8.8


Abstain None Percentage of Votes to Be Assigned - Elect Rodolfo Villela Marino as Director and Alexandre de Barros as Alternate

8.9


Vote Summary Report


Duratex SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


9

Abstain None Elect Director Appointed by Minority Shareholder

10

Voter Rationale: No minority shareholder nominee details have been shared at the time of voting

Against For Ratify Remuneration of Company's Management for 2020 and Approve Remuneration of Company's Management for 2021

11

Voter Rationale: Lack of transparency around the full details of the company's pay plan so unable to assess pay for performance alignment.


12

For For Approve Minutes of Meeting Summary 13


14

Empresas CMPC SA Meeting Date: 04/29/2021 Country: Chile

Meeting Type: Annual Ticker: CMPC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

a Accept Financial Statements and Statutory Reports

For For

For For Approve Dividend Distribution of CLP 3 per Share

b


c

For For Appoint Auditors and Designate Risk Assessment Companies

d

For For Approve Remuneration of Directors; Approve Remuneration and Budget of Directors' Committee

e

For For Receive Dividend Policy and Distribution Procedures

f

Against For Other Business g

Vote Summary Report


Enel Americas SA Meeting Date: 04/29/2021 Country: Chile

Meeting Type: Annual Ticker: ENELAM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Borja Acha B. as Director Nominated by Enel S.p.A.

3.A

For For Elect Domingo Cruzat A. as Director Nominated by Enel S.p.A.

3.B

Withhold For Elect Giulia Genuardi as Director Nominated by Enel S.p.A.

3.C


For For Elect Patricio Gomez S. as Director Nominated by Enel S.p.A.

3.D

Withhold For Elect Francesca Gostinelli as Director Nominated by Enel S.p.A.

3.E


Withhold For Elect Hernan Somerville S. as Director Nominated by Enel S.p.A.

3.F


Withhold For Elect Jose Antonio Vargas as Director Nominated by Enel S.p.A.

3.G



For For Approve Remuneration of Directors' Committee and Approve Their Budget for FY 2021

5







14

Vote Summary Report


Entegris, Inc. Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: ENTG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Michael A. Bradley For For

For For Elect Director R. Nicholas Burns 1b

For For Elect Director Rodney Clark 1c

For For Elect Director James F. Gentilcore 1d

For For Elect Director Yvette Kanouff 1e

For For Elect Director James P. Lederer 1f

For For Elect Director Bertrand Loy 1g

For For Elect Director Paul L.H. Olson 1h

For For Elect Director Azita Saleki-Gerhardt 1i

For For Elect Director Brian F. Sullivan 1j


2


EOG Resources, Inc. Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: EOG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Janet F. Clark For For

For For Elect Director Charles R. Crisp 1b

For For Elect Director Robert P. Daniels 1c

For For Elect Director James C. Day 1d

For For Elect Director C. Christopher Gaut 1e

For For Elect Director Michael T. Kerr 1f

Against For Elect Director Julie J. Robertson 1g

Against For Elect Director Donald F. Textor 1h

Vote Summary Report


EOG Resources, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director William R. Thomas 1i




4

EZ TEC Empreendimentos e Participacoes SA Meeting Date: 04/29/2021 Country: Brazil

Meeting Type: Annual Ticker: EZTC3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




4



Voter Rationale: Lack of independence on the board


6



7

Voter Rationale: No cumulative voting request presented at time of voting

Abstain None Percentage of Votes to Be Assigned - Elect Ernesto Zarzur as Board Chairman

8.1


Abstain None Percentage of Votes to Be Assigned - Elect Samir Zakkhour El Tayar as Vice-Chairman

8.2


Vote Summary Report


EZ TEC Empreendimentos e Participacoes SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Abstain None Percentage of Votes to Be Assigned - Elect Flavio Ernesto Zarzur as Director

8.3


Abstain None Percentage of Votes to Be Assigned - Elect Silvio Ernesto Zarzur as Director

8.4


Abstain None Percentage of Votes to Be Assigned - Elect Marcos Ernesto Zarzur as Director

8.5


Abstain None Percentage of Votes to Be Assigned - Elect Luiz Antonio dos Santos Pretti as Independent Director

8.6


Abstain None Percentage of Votes to Be Assigned - Elect Mario Guy de Faria Mariz as Independent Director

8.7


Abstain None Percentage of Votes to Be Assigned - Elect Nelson de Sampaio Bastos as Independent Director

8.8


Abstain None Percentage of Votes to Be Assigned - Elect Anis Chacur Neto as Independent Director

8.9



9


10

Voter Rationale: Lack of transparency around all aspects of pay so unable to make an informed decision


11


12

Fagerhult AB Meeting Date: 04/29/2021 Country: Sweden

Meeting Type: Annual Ticker: FAG

Vote Summary Report


Fagerhult AB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Designate Thomas Jansson as Inspector of Minutes of Meeting

3.a

For For Designate Kristoffer Jacobsson as Inspector of Minutes of Meeting

3.b





8


9

For For Approve Discharge of CEO Bodil Sonesson 10.a

For For Approve Discharge of Chairman Jan Svensson 10.b

For For Approve Discharge of Deputy Chairman Eric Douglas

10.c

For For Approve Discharge of Morten Falkenberg 10.d

For For Approve Discharge of Cecilia Fasth 10.e

For For Approve Discharge of Annica Bresky 10.f

For For Approve Discharge of Teresa Enander 10.g

For For Approve Discharge of Employee Representative Lars-Ake Johansson

10.h

For For Approve Discharge of Employee Representative Magnus Nell

10.i


11

Against For Approve Remuneration of Directors in the Amount of SEK 950,000 for Chairman and SEK 370,000 for Other Directors; Approve Remuneration for Committee Work

12.a

Voter Rationale: Excessive fees


Against For Reelect Jan Svensson, Eric Douglas, Cecilia Fasth, Morten Falkenberg, Annica Bresky and Teresa Enander as Directors

13.a


Vote Summary Report


Fagerhult AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Reelect Jan Svensson as Board Chairman; Reelect Eric Douglas as Deputy Chairman

13.b



For For Approve Procedures for Nominating Committee 15


16


Against For Approve 2021 Performance-based Share-Savings Plan for Key Employees

18

Voter Rationale: Performance targets are not disclosed

Against For Authorize Share Repurchase Program 19.a

Voter Rationale: Not supportive of the incentive program that this would be used to fund

Against For Authorize Reissuance of Repurchased Shares 19.b


Against For Approve 2021 Performance-based Share-Savings Plan Financing Through Transfer of Shares to Participants

19.c


Falck Renewables SpA Meeting Date: 04/29/2021 Country: Italy

Meeting Type: Annual Ticker: FKR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




2.2

For For Integrate Remuneration of External Auditors 3

Vote Summary Report


First Resources Limited Meeting Date: 04/29/2021 Country: Singapore

Meeting Type: Annual Ticker: EB5

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Ciliandra Fangiono as Director 3

For For Elect Ong Beng Kee as Director 4

For For Approve Ong Beng Kee to Continue Office as Independent Director by Shareholders

5

For For Approve Ong Beng Kee to Continue Office as Independent Director by Shareholders (Excluding Directors, Chief Executive Officer, and Their Associates)

6



8


9



10


Flutter Entertainment Plc Meeting Date: 04/29/2021 Country: Ireland

Meeting Type: Annual Ticker: FLTR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Voter Rationale: Retesting of LTIP targets

For For Re-elect Zillah Byng-Thorne as Director 3a

Vote Summary Report


Flutter Entertainment Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Michael Cawley as Director 3b

For For Re-elect Nancy Cruickshank as Director 3c

For For Re-elect Richard Flint as Director 3d

For For Re-elect Andrew Higginson as Director 3e

For For Re-elect Jonathan Hill as Director 3f

For For Re-elect Alfred Hurley Jr as Director 3g

For For Re-elect Peter Jackson as Director 3h

For For Re-elect David Lazzarato as Director 3i

For For Re-elect Gary McGann as Director 3j

For For Re-elect Mary Turner as Director 3k



5



7a

For For Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Specified Capital Investment

7b


For For Authorise the Company to Determine the Price Range at which Treasury Shares may be Re-issued Off-Market

9

For For Approve Bonus Issue of Shares 10

For For Approve Reduction of Capital 11

Frencken Group Limited Meeting Date: 04/29/2021 Country: Singapore

Meeting Type: Special Ticker: E28

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Adopt New Constitution For For

Vote Summary Report


Frencken Group Limited Meeting Date: 04/29/2021 Country: Singapore

Meeting Type: Annual Ticker: E28

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



Abstain For Elect Chia Chor Leong as Director 4

Voter Rationale: Chair of the nominating committee and there is a lack of gender diversity on the board. Also, there are independence concerns considering director tenures.

For For Approve Chia Chor Leong to Continue Office as Independent Director by Shareholders

5

For For Approve Chia Chor Leong to Continue Office as Independent Director by Shareholders (Excluding the Directors and Chief Executive Officer and their Associates)

6

For For Elect Melvin Chan Wai Leong as Director 7

For For Approve Ling Yong Wah to Continue Office as Independent Director by Shareholder

8

For For Approve Ling Yong Wah to Continue Office as Independent Director by Shareholders (Excluding the Directors and Chief Executive Officer and their Associates)

9

For For Approve Yeo Jeu Nam to Continue Office as Independent Director by Shareholders

10

For For Approve Yeo Jeu Nam to Continue Office as Independent Director by Shareholders (Excluding the Directors and Chief Executive Officer and their Associates)

11

For For Approve Deloitte & Touche LLP as Auditors and Authorize Board to Fix Their Remuneration

12


13


GAM Holding AG Meeting Date: 04/29/2021 Country: Switzerland

Meeting Type: Annual Ticker: GAM

Vote Summary Report


GAM Holding AG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



2.1




4

For For Reelect David Jacob as Director and Board Chairman

5.1

For For Reelect Katia Coudray as Director 5.2

For For Reelect Jacqui Irvine as Director 5.3

For For Reelect Monika Machon as Director 5.4

For For Reelect Benjamin Meuli as Director 5.5

For For Reelect Nancy Mistretta as Director 5.6

For For Reelect Thomas Schneider as Director 5.7

For For Reappoint Katia Coudray as Member of the Compensation Committee

6.1

For For Reappoint Jacqui Irvine as Member of the Compensation Committee

6.2

For For Reappoint Nancy Mistretta as Member of the Compensation Committee

6.3


7.1


7.2


Voter Rationale: Auditor tenure exceeds 10 years with no evidence of a tender process having been completed.

For For Designate Tobias Rohner as Independent Proxy 9

For For Approve Extension of Existing Capital Pool of CHF 798,412 without Preemptive Rights

10


Voter Rationale: Other business not disclosed

Vote Summary Report


Genuine Parts Company Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: GPC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Elizabeth W. Camp For For

For For Elect Director Richard Cox, Jr. 1.2

For For Elect Director Paul D. Donahue 1.3

For For Elect Director Gary P. Fayard 1.4

For For Elect Director P. Russell Hardin 1.5

For For Elect Director John R. Holder 1.6

For For Elect Director Donna W. Hyland 1.7

For For Elect Director John D. Johns 1.8

For For Elect Director Jean-Jacques Lafont 1.9

For For Elect Director Robert C. "Robin" Loudermilk, Jr. 1.10

For For Elect Director Wendy B. Needham 1.11

For For Elect Director Juliette W. Pryor 1.12

For For Elect Director E. Jenner Wood, III 1.13


2



Glencore Plc Meeting Date: 04/29/2021 Country: Jersey

Meeting Type: Annual Ticker: GLEN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Reduction of Capital Contribution Reserves

2

For For Re-elect Anthony Hayward as Director 3

Vote Summary Report


Glencore Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Ivan Glasenberg as Director 4

For For Re-elect Peter Coates as Director 5

For For Re-elect Martin Gilbert as Director 6

For For Re-elect Gill Marcus as Director 7

For For Re-elect Patrice Merrin as Director 8

For For Re-elect Kalidas Madhavpeddi as Director 9

For For Elect Cynthia Carroll as Director 10



12

For For Approve Incentive Plan 13

For For Approve Company's Climate Action Transition Plan

14

Voter Rationale: We are voting in favour of this 'say on climate' agenda item due to the company's long term net zero target and good practice in several areas of climate reporting. We are engaging the company on the ambitions of its short and medium term targets.





18


19


Global Payments Inc. Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: GPN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director F. Thaddeus Arroyo For For

For For Elect Director Robert H.B. Baldwin, Jr. 1b

For For Elect Director John G. Bruno 1c

Vote Summary Report


Global Payments Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Kriss Cloninger, III 1d

For For Elect Director William I Jacobs 1e

For For Elect Director Joia M. Johnson 1f

For For Elect Director Ruth Ann Marshall 1g

For For Elect Director Connie D. McDaniel 1h

For For Elect Director William B. Plummer 1i

For For Elect Director Jeffrey S. Sloan 1j

For For Elect Director John T. Turner 1k

For For Elect Director M. Troy Woods 1l


2




Globaltrans Investment Plc Meeting Date: 04/29/2021 Country: Cyprus

Meeting Type: Annual/Special Ticker: GLTR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Dividends of RUB 28.00 Per Share 2

Against For Ratify PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration

3

Voter Rationale: Auditor tenure exceeds 10 years with no evidence of a tender process having been completed


For For Elect John Carroll Colley as Director and Approve His Remuneration

5

Against For Elect Johann Franz Durrer as Director and Approve His Remuneration

6

Voter Rationale: Lack of independence on gender diversity on the board.

Vote Summary Report


Globaltrans Investment Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect Alexander Eliseev as Director 7


Against For Elect Andrey Gomon as Director 8


For For Elect Vasilis P. Hadjivassiliou as Director and Approve His Remuneration

9

For For Elect Sergey Maltsev as Director 10

For For Elect Elia Nicolaou as Director and Approve Her Remuneration

11

For For Elect George Papaioannou as Director and Approve His Remuneration

12

Against For Elect Melina Pyrgou as Director 13


For For Elect Konstantin Shirokov as Director 14

For For Elect Alexander Storozhev as Director 15

Against For Elect Alexander Tarasov as Director 16


Against For Elect Michael Thomaides as Director 17


Against For Elect Marios Tofaros as Director and Approve His Remuneration

18


For For Elect Sergey Tolmachev as Director 19


Globe Life Inc. Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: GL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Charles E. Adair For For

For For Elect Director Linda L. Addison 1.2

For For Elect Director Marilyn A. Alexander 1.3

Vote Summary Report


Globe Life Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Cheryl D. Alston 1.4

For For Elect Director Jane M. Buchan 1.5

For For Elect Director Gary L. Coleman 1.6

For For Elect Director Larry M. Hutchison 1.7

For For Elect Director Robert W. Ingram 1.8

For For Elect Director Steven P. Johnson 1.9

For For Elect Director Darren M. Rebelez 1.10

For For Elect Director Mary E. Thigpen 1.11

Against For Ratify Deloitte & Touche LLP as Auditor 2



3

Grupo Financiero Inbursa SAB de CV Meeting Date: 04/29/2021 Country: Mexico

Meeting Type: Annual Ticker: GFINBURO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Approve CEO's Report and Auditor's Report; Board's Opinion on Reports

For For

For For Approve Board's Report on Accounting Policies and Criteria Followed in Preparation of Financial Statements

1.2


1.3


1.4

For For Approve Report on Activities Undertaken by Audit and Corporate Practices Committees

1.5


Against For Elect or Ratify Directors and Company Secretary 3



4

Vote Summary Report


Grupo Financiero Inbursa SAB de CV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect or Ratify Members of Corporate Practices and Audit Committees

5


For For Approve Remuneration of Members of Corporate Practices and Audit Committees

6

For For Set Maximum Amount of Share Repurchase Reserve; Approve Share Repurchase Report

7


8

Hexagon AB Meeting Date: 04/29/2021 Country: Sweden

Meeting Type: Annual Ticker: HEXA.B

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




For For Designate Johannes Wingborg as Inspector of Minutes of Meeting

4.1

For For Designate Fredrik Skoglund as Inspector of Minutes of Meeting

4.2



7.a


7.b

For For Approve Discharge of Gun Nilsson 7.c1

For For Approve Discharge of Marta Schorling Andreen 7.c2

For For Approve Discharge of John Brandon 7.c3

For For Approve Discharge of Sofia Schorling Hogberg 7.c4

For For Approve Discharge of Ulrika Francke 7.c5

For For Approve Discharge of Henrik Henriksson 7.c6

For For Approve Discharge of Patrick Soderlund 7.c7

Vote Summary Report


Hexagon AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discharge of President Ola Rollen 7.c8


8

For For Approve Remuneration of Directors in the Amount of SEK 1.9 Million for Chairman, and SEK 645,000 for Other Directors; Approve Remuneration for Committee Work

9.1


For For Reelect Marta Schorling Andreen as Director 10.1

For For Reelect John Brandon as Director 10.2

For For Reelect Sofia Schorling Hogberg as Director 10.3

For For Reelect Ulrika Francke as Director 10.4

For For Reelect Henrik Henriksson as Director 10.5

For For Reelect Ola Rollen as Director 10.6

For For Reelect Gun Nilsson as Director 10.7

For For Reelect Patrick Soderlund as Director 10.8

For For Reelect Gun Nilsson as Board Chairman 10.9

For For Ratify PricewaterhouseCoopers as Auditors 10.10

For For Reelect Mikael Ekdahl (Chair), Caroline Forsberg and Anders Oscarsson, and Elect Jan Dworsky as Members of Nominating Committee

11


Against For Approve Performance Share Plan for Key Employees

13

Voter Rationale: Lack of disclosure around performance targets so unable to assess pay for performance alignment


14


15

For For Approve 7:1 Stock Split; Amend Articles Accordingly; Set Minimum (1.4 Billion) and Maximum (5.6 Billion) Number of Shares; Proxies and Postal Voting

16

Hindustan Unilever Limited Meeting Date: 04/29/2021 Country: India


Vote Summary Report


Hindustan Unilever Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Increase in Overall Limits of Remuneration for Whole-time Director(s)

For For

Against For Elect Ritesh Tiwari as Director and Approve Appointment and Remuneration of Ritesh Tiwari as Whole-time Director

2

Voter Rationale: Lack of disclosure on the performance targets which will be used to determine the bonus/commission.

Horizon Therapeutics Public Limited Company Meeting Date: 04/29/2021 Country: Ireland

Meeting Type: Annual Ticker: HZNP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director William F. Daniel For For

Against For Elect Director H. Thomas Watkins 1b

For For Elect Director Pascale Witz 1c


2


3

For For Authorize Market Purchases or Overseas Market Purchases of Ordinary Shares

4


Hualan Biological Engineering, Inc. Meeting Date: 04/29/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Vote Summary Report


Hualan Biological Engineering, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction





Against For Approve Investment in Financial Products 6




Huntington Ingalls Industries, Inc. Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: HII

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Philip M. Bilden For For

For For Elect Director Augustus L. Collins 1.2

For For Elect Director Kirkland H. Donald 1.3

For For Elect Director Victoria D. Harker 1.4

For For Elect Director Anastasia D. Kelly 1.5

For For Elect Director Tracy B. McKibben 1.6

For For Elect Director Stephanie L. O'Sullivan 1.7

For For Elect Director C. Michael Petters 1.8

For For Elect Director Thomas C. Schievelbein 1.9

For For Elect Director John K. Welch 1.10

For For Elect Director Stephen R. Wilson 1.11


2



Vote Summary Report


Iluka Resources Limited Meeting Date: 04/29/2021 Country: Australia

Meeting Type: Annual Ticker: ILU

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Andrea Sutton as Director For For

For For Elect Robert Cole as Director 2


For For Approve Grant of Share Rights and Performance Rights to Tom O'Leary

4

Industrias Penoles SAB de CV Meeting Date: 04/29/2021 Country: Mexico

Meeting Type: Annual/Special Ticker: PE&OLES

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Approve Board's Report For For

For For Approve CEO's Report and Auditors' Opinion 1.2


1.3

For For Approve Report on Principal Policies and Accounting Criteria and Information Followed in Preparation of Financial Information

1.4

For For Approve Audit and Corporate Practices Committee's Report

1.5

For For Resolutions on Allocation of Income 2

For For Set Aggregate Nominal Amount of Share Repurchase Reserve

3

Against For Elect or Ratify Directors; Verify Director's Independence Classification; Approve Their Respective Remuneration

4


Against For Elect or Ratify Chairman of Audit and Corporate Practices Committee

5



Vote Summary Report


Industrias Penoles SAB de CV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Against For Amend Articles 1




International Personal Finance Plc Meeting Date: 04/29/2021 Country: United Kingdom

Meeting Type: Annual Ticker: IPF

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Stuart Sinclair as Director 3

For For Re-elect Gerard Ryan as Director 4

For For Re-elect Justin Lockwood as Director 5

For For Re-elect Deborah Davis as Director 6

For For Re-elect Richard Holmes as Director 7

For For Re-elect John Mangelaars as Director 8

For For Re-elect Bronwyn Syiek as Director 9


For For Authorise the Audit and Risk Committee to Fix Remuneration of Auditors

11



13


14



16

Vote Summary Report


Intrum AB Meeting Date: 04/29/2021 Country: Sweden

Meeting Type: Annual Ticker: INTRUM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




For For Designate Helen Fasth-Gillstedt as Inspector of Minutes of Meeting

5.1

For For Designate Emil Bostrom as Inspector of Minutes of Meeting

5.2



8


9

For For Approve Discharge of Board Chairman Per E Larsson

10.1

For For Approve Discharge of Board Member Liv Fiksdahl

10.2

For For Approve Discharge of Board Member Hans Larsson

10.3

For For Approve Discharge of Board Member Kristoffer Melinder

10.4

For For Approve Discharge of Board Member Andreas Nasvik

10.5

For For Approve Discharge of Board Member Magdalena Persson

10.6

For For Approve Discharge of Board Member Andres Rubio

10.7

For For Approve Discharge of Board Member Ragnhild Wiborg

10.8

For For Approve Discharge of Board Member Magnus Yngen

10.9

For For Approve Discharge of Former CEO Mikael Ericson

10.10

For For Approve Discharge of CEO Anders Engdahl 10.11


11

For For Approve Remuneration of Directors in the Aggregate Amount of SEK 6.85 Million; Approve Remuneration of Auditors

12

Vote Summary Report


Intrum AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Per E Larsson as Director and Chairman 13.1

For For Reelect Liv Fiksdahl as Director 13.2

For For Reelect Hans Larsson as Director 13.3

For For Reelect Kristoffer Melinder as Director 13.4

For For Reelect Andreas Nasvik as Director 13.5

For For Reelect Magdalena Persson as Director 13.6

For For Reelect Andres Rubio as Director 13.7

For For Reelect Ragnhild Wiborg as Director 13.8



Voter Rationale: 2020 payout exceeds the bonus cap set in the remuneration policy.


16

Against For Approve Performance Share Plan LTI 2021 17.a

Voter Rationale: Lack of disclosure around the performance targets so unable to assess the stringency of the plan.

Against For Approve Equity Plan Financing Through Repurchase of Shares

17.b

Voter Rationale: Not supportive of the underlying plan

Against For Approve Equity Plan Financing Through Transfer of Shares

17.c


Against For Approve Equity Plan Financing Through Reissuance of Repurchased Shares

17.d


For For Amend Long Term Incentive Programs 2019 and 2020

18


19

For For Amend Articles Re: Postal Voting; Share Registrar

20

ITV Plc Meeting Date: 04/29/2021 Country: United Kingdom

Meeting Type: Annual Ticker: ITV

Vote Summary Report


ITV Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Salman Amin as Director 4

For For Re-elect Peter Bazalgette as Director 5

For For Re-elect Edward Bonham Carter as Director 6

For For Elect Graham Cooke as Director 7

For For Re-elect Margaret Ewing as Director 8

For For Re-elect Mary Harris as Director 9

For For Re-elect Chris Kennedy as Director 10

For For Re-elect Anna Manz as Director 11

For For Re-elect Carolyn McCall as Director 12

For For Elect Sharmila Nebhrajani as Director 13

For For Re-elect Duncan Painter as Director 14


15



17



19


20



22


For For Approve Executive Share Plan 24

Vote Summary Report


James Fisher & Sons Plc Meeting Date: 04/29/2021 Country: United Kingdom

Meeting Type: Annual Ticker: FSJ

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Malcolm Paul as Director 4

For For Re-elect Eoghan O'Lionaird as Director 5

Abstain For Re-elect Stuart Kilpatrick as Director 6

Voter Rationale: This resolution will be withdrawn.

For For Re-elect Aedamar Comiskey as Director 7

For For Re-elect Justin Atkinson as Director 8

For For Re-elect Dr Inken Braunschmidt as Director 9

For For Re-elect Michael Salter as Director 10



12

For For Approve Long-Term Incentive Plan 13



15


16



18


Janus Henderson Group Plc Meeting Date: 04/29/2021 Country: Jersey

Meeting Type: Annual Ticker: JHG

Vote Summary Report


Janus Henderson Group Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Elect Director Alison Davis 2

For For Elect Director Kalpana Desai 3

For For Elect Director Jeffrey Diermeier 4

For For Elect Director Kevin Dolan 5

For For Elect Director Eugene Flood, Jr. 6

For For Elect Director Richard Gillingwater 7

For For Elect Director Lawrence Kochard 8

For For Elect Director Glenn Schafer 9

For For Elect Director Angela Seymour-Jackson 10

For For Elect Director Richard Weil 11

For For Approve PricewaterhouseCoopers LLP as Auditors and Authorise Audit Committee to Fix Their Remuneration

12


For For Authorise Market Purchase of CDIs 14

Jiangsu Changshu Rural Commercial Bank Co., Ltd. Meeting Date: 04/29/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




Against For Approve Financial Statements and Financial Budget Report

4



Vote Summary Report


Jiangsu Changshu Rural Commercial Bank Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



Against For Amend Remuneration Management Measures for Directors and Supervisors

8


Kerry Group Plc Meeting Date: 04/29/2021 Country: Ireland

Meeting Type: Annual Ticker: KRZ

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Emer Gilvarry as Director 3a

For For Elect Jinlong Wang as Director 3b

For For Re-elect Gerry Behan as Director 4a

For For Re-elect Dr Hugh Brady as Director 4b

For For Re-elect Gerard Culligan as Director 4c

For For Re-elect Dr Karin Dorrepaal as Director 4d

For For Re-elect Marguerite Larkin as Director 4e

For For Re-elect Tom Moran as Director 4f

For For Re-elect Con Murphy as Director 4g

For For Re-elect Christopher Rogers as Director 4h

For For Re-elect Edmond Scanlon as Director 4i

For For Re-elect Philip Toomey as Director 4j





Vote Summary Report


Kerry Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


9

For For Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Specified Capital Investment

10

For For Authorise Market Purchase of A Ordinary Shares 11

For For Approve Long Term Incentive Plan 12

Kimberly-Clark Corporation Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: KMB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director John W. Culver For For

For For Elect Director Robert W. Decherd 1.2

For For Elect Director Michael D. Hsu 1.3

For For Elect Director Mae C. Jemison 1.4

For For Elect Director S. Todd Maclin 1.5

For For Elect Director Sherilyn S. McCoy 1.6

For For Elect Director Christa S. Quarles 1.7

Against For Elect Director Ian C. Read 1.8


For For Elect Director Dunia A. Shive 1.9

For For Elect Director Mark T. Smucker 1.10

For For Elect Director Michael D. White 1.11




3


For For Approve Non-Employee Director Omnibus Stock Plan

5

Vote Summary Report


Kimberly-Clark Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reduce Ownership Threshold for Shareholders to Call Special Meeting

6


Voter Rationale: This proposal is in the best interests of shareholders.

Kinnevik AB Meeting Date: 04/29/2021 Country: Sweden

Meeting Type: Annual Ticker: KINV.B

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







7


8

For For Approve Discharge of Susanna Campbell 9.a

For For Approve Discharge of Dame Amelia Fawcett 9.b

For For Approve Discharge of Wilhelm Klingspor 9.c

For For Approve Discharge of Brian McBride 9.d

For For Approve Discharge of Henrik Poulsen 9.e

For For Approve Discharge of Cecilia Qvist 9.f

For For Approve Discharge of Charlotte Stromberg 9.g

For For Approve Discharge of Georgi Ganev 9.h


For For Determine Number of Members (6) and Deputy Members of Board

11

For For Approve Remuneration of Directors in the Aggregate Amount of SEK 4.8 Million

12.a


Vote Summary Report


Kinnevik AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Susanna Campbell as Director 13.a

For For Reelect Brian McBride as Director 13.b

For For Reelect Cecilia Qvist as Director 13.c

For For Reelect Charlotte Stromberg as Director 13.d

For For Elect James Anderson as New Director 13.e

For For Elect Harald Mix as New Director 13.f

For For Elect James Anderson as Board Chairman 14

For For Amend Articles Re: Auditor 15.a

For For Ratify KPMG as Auditors 15.b

For For Approve Nomination Committee Procedures 16.a

For For Elect Anders Oscarsson (Chairman), Hugo Stenbeck, Marie Klingspor, Lawrence Burns and Board Chairman James Anderson as Members of Nominating Committee

16.b

For For Amend Articles Re: Set Minimum (474 Million) and Maximum (1.9 Billion) Number of Shares

17.a

For For Approve 2:1 Stock Split 17.b

For For Amend Articles Re: Set Minimum (237 Million) and Maximum (948 Million) Number of Shares

17.c

For For Approve Reduction of Share Capital through Redemption of Shares

17.d

For For Approve Capitalization of Reserves of SEK 13.9 Million

17.e

For For Approve SEK 25,000 Reduction in Share Capital via Reduction of Par Value for Transfer to Unrestricted Equity

17.f

For For Approve Special Dividends to Holders of Incentive Shares of Class D

18

For For Approve Transfer of Own Class B Shares to Cover Costs for Outstanding Long-Term Incentive Plans

19

For For Authorize New Class of Common Stock of Class X

20.a

For For Approve Equity Plan Financing Through Issue of Class X Shares

20.b

For For Approve Equity Plan Financing Through Repurchase of Class X Shares

20.c

Vote Summary Report


LGI Homes, Inc. Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: LGIH

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Ryan Edone For For

For For Elect Director Duncan Gage 1.2

For For Elect Director Eric Lipar 1.3

For For Elect Director Laura Miller 1.4

For For Elect Director Bryan Sansbury 1.5

Withhold For Elect Director Steven Smith 1.6

For For Elect Director Robert Vahradian 1.7



3

Light SA Meeting Date: 04/29/2021 Country: Brazil

Meeting Type: Special Ticker: LIGT3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve 100:1 Reverse Stock Split, Followed by 100:1 Stock Split

For For


2

For For Amend Articles and Consolidate Bylaws 3

Light SA Meeting Date: 04/29/2021 Country: Brazil

Meeting Type: Annual Ticker: LIGT3

Vote Summary Report


Light SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Capital Budget, Allocation of Income and Dividends

2



4


For For Approve Classification as Independent Directors 5


6

Voter Rationale: Lack of rationale provided for huge increase to remuneration cap.

For For Install and Fix Number of Fiscal Council Members at Three

7

Abstain For Elect Luiz Paulo de Amorim as Fiscal Council Member and Natalia Carneiro de Figueiredo as Alternate

8.1

Voter Rationale: Supported other items

For For Elect Sergio Xavier Fortes as Fiscal Council Member and Edgar Jabbour as Alternate

8.2

For For Elect Ary Waddington as Fiscal Council Member and Marcelo Souza Monteiro as Alternate

8.3

For For Elect Fabio Guimaraes Vianna as Fiscal Council Member and Wilsa Figueiredo as Alternate

8.4


9


10

Abstain For Elect Directors - Slate 1 11.1

Voter Rationale: Supported slate 2

For None Elect Directors - Slate 2 11.2

Abstain None Elect Directors - Slate 3 11.3

Voter Rationale: Supported slate 2

Vote Summary Report


Light SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


12



13

Voter Rationale: No cumulative voting request at time of voting

Abstain None Percentage of Votes to Be Assigned - Elect Firmino Ferreira Sampaio Neto as Independent Director

14a.1


Abstain None Percentage of Votes to Be Assigned - Elect Helio Paulo Ferraz as Independent Director

14a.2


Abstain None Percentage of Votes to Be Assigned - Elect Yuiti Matsuo Lopes as Independent Director

14a.3


Abstain None Percentage of Votes to Be Assigned - Elect Abel Alves Rochinha as Independent Director

14a.4


Abstain None Percentage of Votes to Be Assigned - Elect Ana Amelia Campos Toni as Independent Director

14a.5


Abstain None Percentage of Votes to Be Assigned - Elect Wilson Martins Poit as Independent Director

14a.6


Abstain None Percentage of Votes to Be Assigned - Elect Carlos Vinicius de Sa Roriz as Independent Director

14a.7


Abstain None Percentage of Votes to Be Assigned - Elect Lavinia Rocha de Hollanda as Independent Director

14a.8


Abstain None Percentage of Votes to Be Assigned - Elect Vanessa Claro Lopes as Independent Director

14a.9


Abstain None Percentage of Votes to Be Assigned - Elect Firmino Ferreira Sampaio Neto as Independent Director

14b.1


Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction


14b.2



14b.3



14b.4



14b.5



14b.6



14b.7



14b.8


Abstain None Percentage of Votes to Be Assigned - Elect Paulo Roberto Bellantani Brandao as Independent Director

14b.9



14c.1



14c.2



14c.3



14c.4


Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction


14c.5


Abstain None Percentage of Votes to Be Assigned - Elect Raphael Manhaes Martins as Director

14c.6



14c.7


Abstain None Percentage of Votes to Be Assigned - Elect Wilson Martins Poit as Independent Director

14c.8



14c.9


LISI SA Meeting Date: 04/29/2021 Country: France

Meeting Type: Annual/Special Ticker: FII

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3

For For Approve Discharge of Directors and Auditors 4


5

For For Acknowledge End of Mandate of Emmanuelle Gautier as Director

6

For For Acknowledge End of Mandate of Pascal Lebard as Director

7

Against For Elect Francoise Garnier as Director 8

Voter Rationale: Lack of independence on the board and the independence of this director has not been disclosed.

Vote Summary Report


LISI SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect Bernard Birchler as Director 9

Voter Rationale: Lack of independence on the board and the independence of this director has not been disclosed.


For For Approve Compensation of Gilles Kohler, Chairman of the Board

11

Against For Approve Compensation of Emmanuel Viellard, CEO

12

Voter Rationale: Lack of disclosure around the achievement levels and therefore unable to assess pay for performance alignment

Against For Approve Compensation of Jean Philippe Kohler, Vice-CEO

13


Against For Approve Remuneration Policy of Gilles Kohler, Chairman of the Board

14


Against For Approve Remuneration Policy of Emmanuel Viellard, CEO

15

Voter Rationale: Lack of transparency so unable to assess the stringency of the pay plan

Against For Approve Remuneration Policy of Jean Philippe Kohler, Vice-CEO

16

Voter Rationale: Lack of transparency so unable to assess the stringency of the pay plan



18

Against For Amend Article 10 of Bylaws Re: Directors Age Limit

19

Voter Rationale: Statutory age limit would be decreased which reduces pool of talent

For For Amend Article 15 of Bylaws to Comply with Legal Changes

20


21

Lithia Motors, Inc. Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: LAD

Vote Summary Report


Lithia Motors, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Sidney B. DeBoer For For

For For Elect Director Susan O. Cain 1b

For For Elect Director Bryan B. DeBoer 1c

For For Elect Director Shauna F. McIntyre 1d

For For Elect Director Louis P. Miramontes 1e

For For Elect Director Kenneth E. Roberts 1f

For For Elect Director David J. Robino 1g


2


For For Eliminate Class B Common Stock, Class A Common Stock and Series M Preferred Stock, and to Reclassify Class A Common Stock as Common Stock

4

Lojas Renner SA Meeting Date: 04/29/2021 Country: Brazil

Meeting Type: Annual Ticker: LREN3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




4


For For Elect Jose Gallo as Director 5.1

For For Elect Osvaldo Burgos Schirmer as Independent Director

5.2

Vote Summary Report


Lojas Renner SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Carlos Fernando Couto de Oliveira Souto as Independent Director

5.3

For For Elect Fabio de Barros Pinheiro as Independent Director

5.4

For For Elect Thomas Bier Herrmann as Independent Director

5.5

For For Elect Juliana Rozenbaum Munemori as Independent Director

5.6

For For Elect Christiane Almeida Edington as Independent Director

5.7

For For Elect Alexandre Vartuli Gouvea as Independent Director

5.8

For None In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below?

6

For None Percentage of Votes to Be Assigned - Elect Jose Gallo as Director

7.1

For None Percentage of Votes to Be Assigned - Elect Osvaldo Burgos Schirmer as Independent Director

7.2

For None Percentage of Votes to Be Assigned - Elect Carlos Fernando Couto de Oliveira Souto as Independent Director

7.3

For None Percentage of Votes to Be Assigned - Elect Fabio de Barros Pinheiro as Independent Director

7.4

For None Percentage of Votes to Be Assigned - Elect Thomas Bier Herrmann as Independent Director

7.5

For None Percentage of Votes to Be Assigned - Elect Juliana Rozenbaum Munemori as Independent Director

7.6

For None Percentage of Votes to Be Assigned - Elect Christiane Almeida Edington as Independent Director

7.7

For None Percentage of Votes to Be Assigned - Elect Alexandre Vartuli Gouvea as Independent Director

7.8


8


For For Elect Joarez Jose Piccinini as Fiscal Council Member and Roberto Zeller Branchi as Alternate

10.1

Vote Summary Report


Lojas Renner SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Roberto Frota Decourt as Fiscal Council Member and Vanderlei Dominguez da Rosa as Alternate

10.2

For For Elect Estela Maris Vieira De Souza as Fiscal Council Member and Isabel Cristina Bittencourt Santiago as Alternate

10.3


11

Megacable Holdings SAB de CV Meeting Date: 04/29/2021 Country: Mexico

Meeting Type: Annual Ticker: MEGACPO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve CEO's Report For For

For For Receive Directors' Opinions on CEO's Report 2

For For Approve Board of Directors' Report 3

For For Approve Reports of Corporate Practices and Audit Committees Chairmen

4


For For Approve Repurchase Transactions of CPOs 6


7

Against For Elect or Ratify Directors, Secretary and their Respective Alternates

8


Against For Classification of Principal and Alternate Board Members' Independence

9


Against For Elect or Ratify Chairman of Audit Committee and Corporate Practices Committee

10


For For Approve Remuneration of Directors, Secretary, and Members of Audit and Corporate Practices Committees

11


12

Vote Summary Report


Meggitt Plc Meeting Date: 04/29/2021 Country: United Kingdom

Meeting Type: Annual Ticker: MGGT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Voter Rationale: The revised LTIP will follow a hybrid structure, with awards split 50/50 between performance shares and restricted shares which removes the ability to fail.


For For Re-elect Sir Nigel Rudd as Director 4

For For Re-elect Tony Wood as Director 5

For For Re-elect Guy Berruyer as Director 6

For For Re-elect Louisa Burdett as Director 7

For For Re-elect Colin Day as Director 8

For For Re-elect Nancy Gioia as Director 9

For For Re-elect Alison Goligher as Director 10

For For Re-elect Guy Hachey as Director 11

For For Re-elect Caroline Silver as Director 12


13


14



16


17


18



20

Vote Summary Report


MGIC Investment Corporation Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: MTG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Analisa M. Allen For For

For For Elect Director Daniel A. Arrigoni 1.2

For For Elect Director C. Edward Chaplin 1.3

For For Elect Director Curt S. Culver 1.4

For For Elect Director Jay C. Hartzell 1.5

For For Elect Director Timothy A. Holt 1.6

For For Elect Director Jodeen A. Kozlak 1.7

For For Elect Director Michael E. Lehman 1.8

For For Elect Director Melissa B. Lora 1.9

For For Elect Director Timothy J. Mattke 1.10

For For Elect Director Gary A. Poliner 1.11

For For Elect Director Sheryl L. Sculley 1.12

For For Elect Director Mark M. Zandi 1.13


2



Motherson Sumi Systems Limited Meeting Date: 04/29/2021 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Composite Scheme of Amalgamation and Arrangement

For For

Vote Summary Report


Motherson Sumi Systems Limited Meeting Date: 04/29/2021 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Related Party Transactions to be Undertaken by Motherson Sumi Wiring India Limited with the Company, Sumitomo Wiring Systems Limited and Other Related Parties

For For

Nobia AB Meeting Date: 04/29/2021 Country: Sweden

Meeting Type: Annual Ticker: NOBI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction







8


9

For For Approve Discharge of Nora F. Larssen 10.1

For For Approve Discharge of George Adams 10.2

For For Approve Discharge of Marlene Forsell 10.3

For For Approve Discharge of Carsten Rasmussen 10.4

For For Approve Discharge of Jan Svensson 10.5

For For Approve Discharge of Arja Taaveniku 10.6

For For Approve Discharge of Terese Asthede 10.7

For For Approve Discharge of Per Bergstrom 10.8

For For Approve Discharge of Mats Karlsson 10.9

For For Approve Discharge of Jon Sintorn 10.10

Vote Summary Report


Nobia AB Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


11.1


11.2

For For Approve Remuneration of Directors in the Amount of SEK 1.2 Million to Chairman and SEK 410,000 to Other Directors; Approve Remuneration for Committee Work

12

For For Reelect Nora Forisdal Larssen, George Adams, Marlene Forsell, Carsten Rasmussen, Jan Svensson and Arja Taaveniku as Directors

13

For For Reelect Nora Forisdal Larssen as Board Chair 14

For For Ratify Deloitte AB as Auditors 15.1


For For Reelect Peter Hofvenstam, Fredrik Ahlin, Lovisa Runge and Marianne Nilsson as Members of Nominating Committee

16.1

For For Elect Peter Hofvenstam as Chair of Nominating Committee

16.2



18


19

Against For Approve Performance Share Plan 2021 for Key Employees

20.a

Against For Approve Equity Plan Financing 20.b

For For Amend Articles Re: Editorial Changes 21

Novolipetsk Steel Meeting Date: 04/29/2021 Country: Russia

Meeting Type: Annual Ticker: NLMK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Approve Annual Financial Statements 2

Vote Summary Report


Novolipetsk Steel Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Allocation of Income and Dividends of RUB 21.64 per Share

3

For None Elect Oleg Bagrin as Director 4.1

For None Elect Thomas Veraszto as Director 4.2

For None Elect Nikolai Gagarin as Director 4.3

For None Elect Evgeniia Zavalishina as Director 4.4

For None Elect Sergei Kravchenko as Director 4.5

For None Elect Joachim Limberg as Director 4.6

For None Elect Vladimir Lisin as Director 4.7

For None Elect Marjan Oudeman as Director 4.8

For None Elect Karen Sarkisov as Director 4.9

For None Elect Stanislav Shekshnia as Director 4.10

For None Elect Benedict Sciortino as Director 4.11

For For Elect Grigorii Fedorishin as President 5


For For Ratify PricewaterhouseCoopers Audit as RAS Auditor

7.1

For For Ratify PricewaterhouseCoopers Audit as IFRS Auditor

7.2

NRG Energy, Inc. Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: NRG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director E. Spencer Abraham For For

For For Elect Director Antonio Carrillo 1b

For For Elect Director Matthew Carter, Jr. 1c

For For Elect Director Lawrence S. Coben 1d

For For Elect Director Heather Cox 1e

For For Elect Director Elisabeth B. Donohue 1f

For For Elect Director Mauricio Gutierrez 1g

Vote Summary Report


NRG Energy, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Paul W. Hobby 1h

For For Elect Director Alexandra Pruner 1i

For For Elect Director Anne C. Schaumburg 1j

For For Elect Director Thomas H. Weidemeyer 1k


2


Oversea-Chinese Banking Corporation Limited Meeting Date: 04/29/2021 Country: Singapore

Meeting Type: Annual Ticker: O39

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Elect Chua Kim Chiu as Director 2a

Abstain For Elect Pramukti Surjaudaja as Director 2b

Voter Rationale: Independent directors do not represent majority of the board.

Abstain For Elect Tan Ngiap Joo as Director 2c

Voter Rationale: Independent directors do not represent majority of the board.

For For Elect Andrew Khoo Cheng Hoe as Director 3


For For Approve Directors' Remuneration 5a

For For Approve Allotment and Issuance of Remuneration Shares to the Directors

5b


6


7

Abstain For Approve Grant of Options and/or Rights and Issuance of Shares Pursuant to the OCBC Share Option Scheme 2001 and OCBC Employee Share Purchase Plan

8

Voter Rationale: No annual cap on dilution.

Vote Summary Report


Oversea-Chinese Banking Corporation Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Issuance of Shares Pursuant to the Oversea-Chinese Banking Corporation Limited Scrip Dividend Scheme

9


Abstain For Approve OCBC Deferred Share Plan 2021 11

Voter Rationale: No annual cap on dilution.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Adopt Financial Statements and Directors' and Auditors' Reports

1

For For Elect Chua Kim Chiu as Director 2a

For For Elect Pramukti Surjaudaja as Director 2b

For For Elect Tan Ngiap Joo as Director 2c

For For Elect Andrew Khoo Cheng Hoe as Director 3


For For Approve Directors' Remuneration 5a

For For Approve Allotment and Issuance of Remuneration Shares to the Directors

5b


6


7

Against For Approve Grant of Options and/or Rights and Issuance of Shares Pursuant to the OCBC Share Option Scheme 2001 and OCBC Employee Share Purchase Plan

8

Voter Rationale: Lack of disclosure of performance conditions.

For For Approve Issuance of Shares Pursuant to the Oversea-Chinese Banking Corporation Limited Scrip Dividend Scheme

9


Against For Approve OCBC Deferred Share Plan 2021 11

Voter Rationale: Lack of disclosure of performance conditions.

Vote Summary Report


Owens & Minor, Inc. Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: OMI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Aster Angagaw For For

For For Elect Director Mark A. Beck 1.2

For For Elect Director Gwendolyn M. Bingham 1.3

For For Elect Director Robert J. Henkel 1.4

For For Elect Director Stephen W. Klemash 1.5

For For Elect Director Mark F. McGettrick 1.6

For For Elect Director Edward A. Pesicka 1.7

For For Elect Director Michael C. Riordan 1.8



3

PIERER Mobility AG Meeting Date: 04/29/2021 Country: Austria

Meeting Type: Annual Ticker: PMAG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Allocation of Income and Dividends of EUR 0.50 Per Share

For For


3


4


5


Voter Rationale: No evidence of a long term incentive plan as well as no cap on annual bonus award.

For For Ratify KPMG Austria GmbH as Auditors for Fiscal Year 2021

7

Vote Summary Report


PIERER Mobility AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect Ernst Chalupsky and Josef Blazicek as Supervisory Board Members

8

Voter Rationale: Lack of independence and gender diversity on the board.


9.1

Voter Rationale: Content of proposals unknown at the time of voting.


Voter Rationale: Content of proposals unknown at the time of voting.

Piovan SpA Meeting Date: 04/29/2021 Country: Italy

Meeting Type: Annual Ticker: PVN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



Voter Rationale: Lack of disclosure around performance criteria and the presence of caps on the short term bonus


2.2


For For Fix Board Terms for Directors 3.2

For None Slate 1 Submitted by Pentafin SpA 3.3

For None Elect Nicola Piovan as Board Chair 3.4


For None Slate 1 Submitted by Pentafin SpA 4.1

For None Appoint Carmen Pezzuto as Chairman of Internal Statutory Auditors

4.2

For None Approve Internal Auditors' Remuneration 4.3


A


Vote Summary Report


Polaris Inc. Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: PII

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Kevin M. Farr For For

Against For Elect Director John P. Wiehoff 1b



3

Postal Savings Bank of China Co., Ltd. Meeting Date: 04/29/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Change in Registered Capital For For


For For Approve the Issuance of Write-down Eligible Tier 2 Capital Instruments

3

For For Approve Formulation of the Measures for Equity Management

4

For For Elect Han Wenbo as Director 5

For For Elect Chen Donghao as Director 6

For For Elect Wei Qiang as Director 7

Prologis, Inc. Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: PLD

Vote Summary Report


Prologis, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Hamid R. Moghadam For For

For For Elect Director Cristina G. Bita 1b

Against For Elect Director George L. Fotiades 1c

Voter Rationale: The nominee is chair of the remuneration committee and there has been no improvement to remuneration practices.

For For Elect Director Lydia H. Kennard 1d

For For Elect Director Irving F. Lyons, III 1e

For For Elect Director Avid Modjtabai 1f

For For Elect Director David P. O'Connor 1g

For For Elect Director Olivier Piani 1h

Against For Elect Director Jeffrey L. Skelton 1i

Voter Rationale: Chair of the nomination committee and combined Chair/CEO.

Against For Elect Director Carl B. Webb 1j


For For Elect Director William D. Zollars 1k


2

Voter Rationale: Concerns over compensation structure.


Promotora y Operadora de Infraestructura SA Meeting Date: 04/29/2021 Country: Mexico

Meeting Type: Annual Ticker: PINFRA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Approve Board of Directors Report Pursuant to Article 28 Fraction IV of Mexican Securities Market Law

For For

For For Approve Board's Report on Policies and Accounting Criteria Followed in Preparation of Financial Information

1b

Vote Summary Report


Promotora y Operadora de Infraestructura SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


1c


1d

For For Approve Allocation of Income 1e

For For Approve Discharge of Board and CEO 2a

Against For Elect or Ratify Directors, Members, Chairmen of Audit and Corporate Governance Committees, Committee Members, CEO and Secretary (Non-Member)

2b


For For Approve Corresponding Remuneration 2c

Against For Set Maximum Amount of Share Repurchase Reserve

3a


For For Approve Report on Share Repurchase Reserve 3b


4

SBS Transit Ltd. Meeting Date: 04/29/2021 Country: Singapore

Meeting Type: Annual Ticker: S61

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Elect Lim Seh Chun as Director and Approve His Continued Appointment as Independent Non-Executive Director

4

For For Approve Lim Seh Chun to Continue Office as Independent Non-Executive Director by Shareholders (Excluding Directors, Chief Executive Officer and Their Associates)

5


6

Vote Summary Report


SBS Transit Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Adopt SBS Executive Share Scheme and Approve Grant of Awards and Issuance of Shares Under the Plan

7


Select Medical Holdings Corporation Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: SEM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director James S. Ely, III For For

For For Elect Director Rocco A. Ortenzio 1.2

For For Elect Director Thomas A. Scully 1.3


2


SLC Agricola SA Meeting Date: 04/29/2021 Country: Brazil

Meeting Type: Annual Ticker: SLCE3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3

For For Elect Eduardo Silva Logemann as Director 4.1

For For Elect Jorge Luiz Silva Logemann as Director 4.2

Vote Summary Report


SLC Agricola SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Fernando Castro Reinach as Independent Director

4.3

For For Elect Osvaldo Burgos Schirmer as Independent Director

4.4

For For Elect Andre Souto Maior Pessoa as Independent Director

4.5


5

Voter Rationale: No cumulative voting requests have been presented at the time of voting

Abstain None Percentage of Votes to Be Assigned - Elect Eduardo Silva Logemann as Director

6.1


Abstain None Percentage of Votes to Be Assigned - Elect Jorge Luiz Silva Logemann as Director

6.2


Abstain None Percentage of Votes to Be Assigned - Elect Fernando Castro Reinach as Independent Director

6.3


Abstain None Percentage of Votes to Be Assigned - Elect Osvaldo Burgos Schirmer as Independent Director

6.4


Abstain None Percentage of Votes to Be Assigned - Elect Andre Souto Maior Pessoa as Independent Director

6.5



7

Voter Rationale: Lack of transparency around all aspects of pay


8

Snap-on Incorporated Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: SNA

Vote Summary Report


Snap-on Incorporated

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director David C. Adams For For

For For Elect Director Karen L. Daniel 1.2

For For Elect Director Ruth Ann M. Gillis 1.3

For For Elect Director James P. Holden 1.4

For For Elect Director Nathan J. Jones 1.5

For For Elect Director Henry W. Knueppel 1.6

For For Elect Director W. Dudley Lehman 1.7

For For Elect Director Nicholas T. Pinchuk 1.8

For For Elect Director Gregg M. Sherrill 1.9

For For Elect Director Donald J. Stebbins 1.10

For For Ratify Deloitte & Touche LLP as Auditor 2


3


STV Group Plc Meeting Date: 04/29/2021 Country: United Kingdom

Meeting Type: Annual Ticker: STVG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Elect Paul Reynolds as Director 5

For For Elect Aki Mandhar as Director 6

For For Re-elect Simon Pitts as Director 7

For For Re-elect Lindsay Dixon as Director 8

Vote Summary Report


STV Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Simon Miller as Director 9

For For Re-elect Anne Marie Cannon as Director 10

For For Re-elect Ian Steele as Director 11

For For Re-elect David Bergg as Director 12


13

For For Authorise the Audit & Risk Committee to Fix Remuneration of Auditors

14



16



18

Sunstone Hotel Investors, Inc. Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: SHO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director John V. Arabia For For

For For Elect Director W. Blake Baird 1b

For For Elect Director Andrew Batinovich 1c

For For Elect Director Monica S. Digilio 1d

For For Elect Director Kristina M. Leslie 1e

For For Elect Director Murray J. McCabe 1f

For For Elect Director Verett Mims 1g

For For Elect Director Douglas M. Pasquale 1h



3

Vote Summary Report


Synthomer Plc Meeting Date: 04/29/2021 Country: United Kingdom

Meeting Type: Annual Ticker: SYNT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Calum MacLean as Director 4

For For Re-elect Stephen Bennett as Director 5

For For Re-elect Alex Catto as Director 6

For For Re-elect Dato' Lee Hau Hian as Director 7

For For Re-elect Dr Just Jansz as Director 8

For For Re-elect Brendan Connolly as Director 9

For For Re-elect Holly Van Deursen as Director 10

For For Re-elect Caroline Johnstone as Director 11

For For Elect Cynthia Dubin as Director 12


13


14



16


17



19

Telesites SAB de CV Meeting Date: 04/29/2021 Country: Mexico

Meeting Type: Annual Ticker: SITESB.1

Vote Summary Report


Telesites SAB de CV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Approve CEO's Report Including External Auditor's Report and Board's Opinion on CEO's Report

For For

For For Approve Board Report on Principal Accounting Policies and Criteria Followed in Preparation of Financial Information

1.2


1.3


For For Approve Audit and Corporate Practices Committee's Report

1.5


Against For Elect or Ratify Directors and Company Secretary and Deputy Secretary; Verify Independence of Directors

3


For For Approve Remuneration of Directors and Company Secretary and Deputy Secretary

4

Against For Elect or Ratify Members of Audit and Corporate Practices Committee

5


For For Approve Remuneration of Audit and Corporate Practices Committee

6


7

Telesites SAB de CV Meeting Date: 04/29/2021 Country: Mexico

Meeting Type: Special Ticker: SITESB.1

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Cancellation of Treasury Shares and Consequently Amend Articles

For For


2

Vote Summary Report


The Goldman Sachs Group, Inc. Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: GS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director M. Michele Burns For For

For For Elect Director Drew G. Faust 1b

For For Elect Director Mark A. Flaherty 1c

For For Elect Director Ellen J. Kullman 1d

For For Elect Director Lakshmi N. Mittal 1e

For For Elect Director Adebayo O. Ogunlesi 1f

For For Elect Director Peter Oppenheimer 1g

For For Elect Director David M. Solomon 1h

For For Elect Director Jan E. Tighe 1i

For For Elect Director Jessica R. Uhl 1j

For For Elect Director David A. Viniar 1k

For For Elect Director Mark O. Winkelman 1l


2


Voter Rationale: The plan allows broad discretion to accelerate vesting.




Voter Rationale: This proposal would improve shareholder rights.

For Against Report on the Impacts of Using Mandatory Arbitration

6

Voter Rationale: The Board is being asked to oversee the preparation of a public report on the impact of the use of mandatory arbitration on Goldman Sachs' employees and workplace culture. Given the company has faced multiple allegations of discrimination and harassment in the past, and a number of large companies have decided to end "mandatory" arbitration policies, we would value greater transparency on this issue to help us better assess the risks associated with the company's approach. Therefore we support this resolution.

Vote Summary Report


The Goldman Sachs Group, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against Against Amend Certificate of Incorporation to Become a Public Benefit Corporation

7



Voter Rationale: The company is being asked to oversee and report on a racial equity audit analyzing the adverse impacts of the company on non-white stakeholders and communities of color. We welcome the company’s existing initiatives and reporting in this area, including its diversity & inclusion reporting, 10000 Small Businesses Programme, and fund for racial equality. We are supportive of an audit that would help the bank identify and address any remaining gaps or areas of development in its current approach. As such, we support the proposal.

The Weir Group Plc Meeting Date: 04/29/2021 Country: United Kingdom

Meeting Type: Annual Ticker: WEIR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Elect Ben Magara as Director 4

For For Elect Srinivasan Venkatakrishnan as Director 5

For For Re-elect Charles Berry as Director 6

For For Re-elect Jon Stanton as Director 7

For For Re-elect John Heasley as Director 8

For For Re-elect Barbara Jeremiah as Director 9

For For Re-elect Clare Chapman as Director 10

For For Re-elect Engelbert Haan as Director 11

For For Re-elect Mary Jo Jacobi as Director 12

For For Re-elect Sir Jim McDonald as Director 13

For For Re-elect Stephen Young as Director 14


15

Vote Summary Report


The Weir Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


16



18


19



21

UCB SA Meeting Date: 04/29/2021 Country: Belgium

Meeting Type: Annual Ticker: UCB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For





For For Elect Stefan Oschmann as Director 9.1.A

For For Indicate Stefan Oschmann as Independent Director

9.1.B

For For Elect Fiona du Monceau as Director 9.2

For For Ratify the Co-optation of Susan Gasser as Independent Director

9.3.A

For For Elect Susan Gasser as Director 9.3.B

For For Indicate Susan Gasser as Independent Director 9.3.C

For For Elect Jonathan Peacock as Director 9.4.A

For For Indicate Jonathan Peacock as Independent Director

9.4.B

Vote Summary Report


UCB SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Reelect Albrecht De Graeve as Director 9.5.A


For For Indicate Albrecht De Graeve as Independent Director

9.5.B

For For Elect Viviane Monges as Director 9.6.A

For For Indicate Viviane Monges as Independent Director

9.6.B

For For Ratify Mazars as Auditors 10

For For Approve Long-Term Incentive Plans - Program of Free Allocation of Shares

11

For For Approve Change-of-Control Clause Re: EMTN Program

12.1

Umicore Meeting Date: 04/29/2021 Country: Belgium

Meeting Type: Annual/Special Ticker: UMI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Approve Financial Statements, Allocation of Income, and Dividends of EUR 0.75 per Share

3

For For Approve Grant of an Identical Profit Premium to Umicore Employees

4

For For Approve Discharge of Members of the Supervisory Board

6


For For Reelect Thomas Leysen as Member of the Supervisory Board

8.1

For For Reelect Koenraad Debackere as an Independent Member of the Supervisory Board

8.2

Against For Reelect Mark Garrett as an Independent Member of the Supervisory Board

8.3


Against For Reelect Eric Meurice as an Independent Member of the Supervisory Board

8.4


Vote Summary Report


Umicore Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Birgit Behrendt as an Independent Member of the Supervisory Board

8.5

For For Approve Remuneration of the Members of the Supervisory Board

9

For For Ratify EY BV as Auditors 10.1

For For Approve Auditors' Remuneration 10.2

For For Approve Change-of-Control Clause Re: Finance Contract with European Investment Bank

1.1

For For Approve Change-of-Control Clause Re: Revolving Facility Agreement with J.P. Morgan AG

1.2

For For Approve Change-of-Control Clause Re: Convertible Bonds Maturing on 23 June 2025 (ISIN BE6322623669)

1.3

United International Transportation Co. Ltd. Meeting Date: 04/29/2021 Country: Saudi Arabia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Auditors' Report on Company Financial Statements for FY 2020

For For

For For Accept Consolidated Financial Statements and Statutory Reports for FY 2020

2


3

For For Ratify Auditors and Fix Their Remuneration for FY 2022, FY 2023 and FY 2024

4


5

For For Elect Khalid Al Dabl as Member of Audit Committee

6

For None Elect Ahmed Khogeer as Director 7.1

For None Elect Raad Al Qahtani as Director 7.2

For None Elect Abdulilah Al Sheikh as Director 7.3

For None Elect Abdulazeez Al Mahmoud as Director 7.4

For None Elect Abdullah Fateehi as Director 7.5

Vote Summary Report


United International Transportation Co. Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For None Elect Amr Kurdi as Director 7.6

For None Elect Mazin Shahawi as Director 7.7

For None Elect Mohammed Al Moammar as Director 7.8

For None Elect Waleed Al Qassim as Director 7.9

For None Elect Ahmed Murad as Director 7.10

For None Elect Abdullah Al Sheikh as Director 7.11

For None Elect Ahmed Al Dahlawi as Director 7.12

For None Elect Abdullah Al Nimri as Director 7.13

For None Elect Moqead Al Khamees as Director 7.14

For None Elect Abdullah Al Harbi as Director 7.15

For None Elect Salih Al Hameedan as Director 7.16

For None Elect Feisal Al Harbi as Director 7.17

For None Elect Ahmed Al Barrak as Director 7.18

For None Elect Mohammed AL Ghannam as Director 7.19

For None Elect Abdulrahman Bakheet as Director 7.20

For None Elect Bassim Alim as Director 7.21

For None Elect Abdulazeez Al Ouhali as Director 7.22

For None Elect Khalild Al Dabl as Director 7.23

For None Elect Khuloud Al Dabl as Director 7.24

For None Elect Youssef Al Rajhi as Director 7.25

For None Elect Ghassan Kashmeeri as Director 7.26

For None Elect Asaad Al Sadah as Director 7.27

For None Elect Alaa Banajah as Director 7.28

For None Elect Abdulrahman Bajbaa as Director 7.29

For None Elect Ali Al Saqri as Director 7.30

For None Elect Fahad Al Hussein as Director 7.31

For None Elect Abdullah Al Saawi as Director 7.32

For None Elect Khalid Al Hajaj as Director 7.33

For None Elect Mohammed Badhrees as Director 7.34

For None Elect Fahad Al Shamri as Director 7.35

For None Elect Fahad Al Abdulateef as Director 7.36

Vote Summary Report


United International Transportation Co. Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For None Elect Omar Al Mohammadi as Director 7.37

For None Elect Abdullah Al Salih as Director 7.38

For For Elect Members of Audit Committee, Approve its Charter and Remuneration of Its Members

8


9

For For Approve Dividends of SAR 1.25 for Second Half of FY 2020

10

For For Approve Related Party Transactions Re: Zahid Tractors Company Ltd

11

For For Approve Related Party Transactions Re: Office of Dr. Bassim bin Abdullah Alim and Co for legal advice and advocacy

12

For For Approve Related Party Transactions Re: Office of Dr. Bassim bin Abdullah Alim and Co for legal advice and advocacy

13

For For Allow Aladdin Sami to Be Involved with Other Companies

14


Valero Energy Corporation Meeting Date: 04/29/2021 Country: USA

Meeting Type: Annual Ticker: VLO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director H. Paulett Eberhart For For

For For Elect Director Joseph W. Gorder 1b

For For Elect Director Kimberly S. Greene 1c

Against For Elect Director Deborah P. Majoras 1d

For For Elect Director Eric D. Mullins 1e

For For Elect Director Donald L. Nickles 1f

For For Elect Director Philip J. Pfeiffer 1g

Against For Elect Director Robert A. Profusek 1h

For For Elect Director Stephen M. Waters 1i

For For Elect Director Randall J. Weisenburger 1j

Vote Summary Report


Valero Energy Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Rayford Wilkins, Jr. 1k



3

Venture Corporation Limited Meeting Date: 04/29/2021 Country: Singapore

Meeting Type: Annual Ticker: V03

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Goon Kok Loon as Director 3

For For Elect Wong Yew Meng as Director 4

For For Elect Kay Kuok Oon Kwong as Director 5

For For Elect Wong-Yeo Siew Eng as Director 6



8


9

For For Approve Grant of Options and Issuance of Shares Under the Venture Corporation Executives' Share Option Scheme 2015

10


For For Adopt Venture Corporation Restricted Share Plan 2021

12

X-FAB Silicon Foundries SE Meeting Date: 04/29/2021 Country: Belgium

Meeting Type: Annual Ticker: XFAB

Vote Summary Report


X-FAB Silicon Foundries SE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For





Against For Reelect Hasmawati Binti Sapawi as Director 8a


For For Reelect Sensinnovat BV, Permanently Represented by Rudi de Winter, as Director

8b

Against For Reelect Roland Duchatelet as Director 8c


Against For Reelect Thomas Hans-Jurgen Straub as Director 8d


Against For Reelect Tan Sri Hamid Bin Bugo as Director 8e


For For Reelect Christel Verschaeren as Director 8f

For For Reelect Estelle Iacona as Director 8g

Yamana Gold Inc. Meeting Date: 04/29/2021 Country: Canada

Meeting Type: Annual Ticker: YRI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director John Begeman For Withhold

For For Elect Director Christiane Bergevin 1.2

Withhold For Elect Director Alexander Davidson 1.3

Withhold For Elect Director Richard Graff 1.4

For For Elect Director Kimberly Keating 1.5

Vote Summary Report


Yamana Gold Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Peter Marrone 1.6

For For Elect Director Daniel Racine 1.7

For For Elect Director Jane Sadowsky 1.8

Withhold For Elect Director Dino Titaro 1.9

Withhold For Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration

2


3

Zur Rose Group AG Meeting Date: 04/29/2021 Country: Switzerland

Meeting Type: Annual Ticker: ROSE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3

For For Approve Creation of CHF 31.6 Million Pool of Capital without Preemptive Rights

4

For For Approve Creation of CHF 31.6 Million Pool of Conditional Capital for Bonds or Similar Debt Instruments

5

For For Amend Articles Re: Designation of the Compensation Committee

6

For For Reelect Stefan Feuerstein as Director and Board Chairman

7.1

For For Reelect Volker Amelung as Director 7.2

For For Reelect Christian Mielsch as Director 7.3

For For Reelect Walter Oberhaensli as Director 7.4

Against For Reelect Thomas Schneider as Director 7.5


For For Reelect Florian Seubert as Director 7.6

For For Elect Andrea Belliger as Director 7.7

Vote Summary Report


Zur Rose Group AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reappoint Stefan Feuerstein as Member of the Compensation Committee

8.1

For For Reappoint Thomas Schneider as Member of the Compensation Committee

8.2

For For Reappoint Florian Seubert as Member of the Compensation Committee

8.3

For For Designate Fuerer Partner Advocaten KlG as Independent Proxy

9



For For Approve Fixed Remuneration of Directors in the Amount of CHF 1 Million

11.2

For For Approve Short-Term and Long-Term Variable Remuneration of Executive Committee in the Amount of CHF 2.5 Million

11.3


11.4



Zur Rose Group AG Meeting Date: 04/29/2021 Country: Switzerland

Meeting Type: Annual Ticker: ROSE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Admiral Group Plc Meeting Date: 04/30/2021 Country: United Kingdom

Meeting Type: Annual Ticker: ADM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


Admiral Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




For For Elect Jayaprakasa Rangaswami as Director 5

For For Elect Milena Mondini-de-Focatiis as Director 6

For For Re-elect Geraint Jones as Director 7

For For Re-elect Annette Court as Director 8

For For Re-elect Jean Park as Director 9

For For Re-elect George Manning Rountree as Director 10

For For Re-elect Owen Clarke as Director 11

For For Re-elect Justine Roberts as Director 12

For For Re-elect Andrew Crossley as Director 13

For For Re-elect Michael Brierley as Director 14

For For Re-elect Karen Green as Director 15



17

For For Amend Discretionary Free Share Scheme 18


19



21


22

For None Approve Matters Relating to the Relevant Distributions

23



25

Advanced Energy Industries, Inc. Meeting Date: 04/30/2021 Country: USA

Meeting Type: Annual Ticker: AEIS

Vote Summary Report


Advanced Energy Industries, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Grant H. Beard For For

Withhold For Elect Director Frederick A. Ball 1.2

For For Elect Director Anne T. DelSanto 1.3

For For Elect Director Tina M. Donikowski 1.4

For For Elect Director Ronald C. Foster 1.5

For For Elect Director Edward C. Grady 1.6

For For Elect Director Stephen D. Kelley 1.7

For For Elect Director Lanesha T. Minnix 1.8

Withhold For Elect Director Thomas M. Rohrs 1.9

For For Elect Director John A. Roush 1.10



3


AEM Holdings Ltd. Meeting Date: 04/30/2021 Country: Singapore

Meeting Type: Annual Ticker: AWX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Loke Wai San as Director 3

For For Elect James Toh Ban Leng as Director 4

For For Elect Chok Yean Hung as Director 5


For For Approve Additional Cash Award to Each Non-Executive Director

7

Vote Summary Report


AEM Holdings Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


8


9

Against For Approve Grant of Options and/or Awards and Issuance of Shares Pursuant to the AEM Holdings Employee Share Option Scheme 2014 and the AEM Performance Share Plan 2017

10

Voter Rationale: Lack of performance criteria and meaningful vesting periods.


AES Brasil Energia SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Annual Ticker: AESB3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Management Statements for Fiscal Year Ended Dec. 31, 2020

For For

For For Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2020

2

For For Approve Allocation of Financial Results 3


4

AES Brasil Energia SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Special Ticker: AESB3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


Agnico Eagle Mines Limited Meeting Date: 04/30/2021 Country: Canada

Meeting Type: Annual/Special Ticker: AEM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Leona Aglukkaq For For

For For Elect Director Sean Boyd 1.2

For For Elect Director Martine A. Celej 1.3

For For Elect Director Robert J. Gemmell 1.4

For For Elect Director Mel Leiderman 1.5

For For Elect Director Deborah McCombe 1.6

For For Elect Director James D. Nasso 1.7

For For Elect Director Sean Riley 1.8

For For Elect Director J. Merfyn Roberts 1.9

For For Elect Director Jamie C. Sokalsky 1.10

Withhold For Approve Ernst & Young LLP as Auditors and Authorize Board to Fix Their Remuneration

2

For For Amend Stock Option Plan 3


4

Ambipar Participacoes e Empreendimentos SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Annual Ticker: AMBP3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3

Vote Summary Report


Aptiv PLC Meeting Date: 04/30/2021 Country: Jersey

Meeting Type: Annual Ticker: APTV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Kevin P. Clark For For

For For Elect Director Richard L. Clemmer 1b

Against For Elect Director Nancy E. Cooper 1c

For For Elect Director Nicholas M. Donofrio 1d

For For Elect Director Rajiv L. Gupta 1e

For For Elect Director Joseph L. Hooley 1f

For For Elect Director Merit E. Janow 1g

For For Elect Director Sean O. Mahoney 1h

Against For Elect Director Paul M. Meister 1i

For For Elect Director Robert K. Ortberg 1j

For For Elect Director Colin J. Parris 1k

For For Elect Director Ana G. Pinczuk 1l


2


3

AT&T Inc. Meeting Date: 04/30/2021 Country: USA

Meeting Type: Annual Ticker: T

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director William E. Kennard For For

For For Elect Director Samuel A. Di Piazza, Jr. 1b

For For Elect Director Scott T. Ford 1c

For For Elect Director Glenn H. Hutchins 1d

For For Elect Director Debra L. Lee 1e

Vote Summary Report


AT&T Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Stephen J. Luczo 1f

For For Elect Director Michael B. McCallister 1g

For For Elect Director Beth E. Mooney 1h

For For Elect Director Matthew K. Rose 1i

For For Elect Director John T. Stankey 1j

For For Elect Director Cynthia B. Taylor 1k

For For Elect Director Geoffrey Y. Yang 1l




3

Voter Rationale: Karge sign-on equity award lacking performance criteria.

For Against Lower Ownership Threshold for Action by Written Consent

4


Badger Meter, Inc. Meeting Date: 04/30/2021 Country: USA

Meeting Type: Annual Ticker: BMI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Todd A. Adams For For

For For Elect Director Kenneth C. Bockhorst 1.2

For For Elect Director Gale E. Klappa 1.3

For For Elect Director Gail A. Lione 1.4

For For Elect Director James W. McGill 1.5

For For Elect Director Tessa M. Myers 1.6

For For Elect Director James F. Stern 1.7

For For Elect Director Glen E. Tellock 1.8


2

Voter Rationale: The majority of the LTI equity award is time-based.

Vote Summary Report


Badger Meter, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




For Against Report on Board Diversity 5

Voter Rationale: The company is being asked to produce a report within 6 months of the AGM, outlining whether and how the company plans to introduce new steps aimed at increasing board diversity. The company's Principles of Corporate Governance do commit it to improvements in fostering diversity within the company and on its board, however the policy lack specific detail regarding the processes/mechanism being implemented to drive this change. Given Badger Meter has no racially or ethnically diverse directors, it lags peers in this regard, we therefore believe a vote FOR is warranted.

Baloise Holding AG Meeting Date: 04/30/2021 Country: Switzerland

Meeting Type: Annual Ticker: BALN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



2


3

For For Approve CHF 300,000 Reduction in Share Capital via Cancellation of Repurchased Shares

4.1

For For Approve Creation of CHF 400,000 Pool of Capital without Preemptive Rights

4.2

For For Reelect Thomas von Planta as Director and Board Chairman

5.1a

For For Reelect Andreas Beerli as Director 5.1b

For For Reelect Christoph Gloor as Director 5.1c

For For Reelect Hugo Lasat as Director 5.1d

For For Reelect Christoph Maeder as Director 5.1f

For For Reelect Markus Neuhaus as Director 5.1g

For For Reelect Thomas Pleines as Director 5.1h

For For Reelect Hans-Joerg Schmidt-Trenz as Director 5.1i

Vote Summary Report


Baloise Holding AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Marie-Noelle Venturi - Zen-Ruffinen as Director

5.1j

For For Elect Karin Diedenhofen as Director 5.1k

For For Appoint Christoph Maeder as Member of the Compensation Committee

5.2.1

For For Appoint Markus Neuhaus as Member of the Compensation Committee

5.2.2

For For Appoint Thomas Pleines as Member of the Compensation Committee

5.2.3

For For Appoint Hans-Joerg Schmidt-Trenz as Member of the Compensation Committee

5.2.4

For For Designate Christophe Sarasin as Independent Proxy

5.3



6.1


6.2.1


6.2.2



Baloise Holding AG Meeting Date: 04/30/2021 Country: Switzerland

Meeting Type: Annual Ticker: BALN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


BBGI SICAV SA Meeting Date: 04/30/2021 Country: Luxembourg

Meeting Type: Annual Ticker: BBGI

Vote Summary Report


BBGI SICAV SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Receive and Approve Board's and Auditor's Reports

For For

For For Approve Financial Statements and Allocation of Income and Dividends

2


3

For For Approve Discharge of Auditors, Management Board Members, Supervisory Board Members and Colin Maltby as Member and Chairman of the Supervisory Board

4

For For Reelect Sarah Whitney as Supervisory Board Member

5

Against For Reelect Jutta af Rosenborg as Supervisory Board Member

6


Against For Reelect Howard Myles as Supervisory Board Member

7


For For Elect Christopher Waples as Supervisory Board Member

8

For For Renew Appointment of KPMG as Auditor 9

For For Authorize Board to Fix Remuneration of Auditors 10

For For Authorize Board to Offer Dividend in Stock 11

For For Amend Long-Term Incentive Plan 12

For For Approve Continuation in Business as an Investment Company in the Form of a Public Limited Company with Variable Share Capital

13

For For Approve Share Repurchase Up to 14.99 Percent of the Issued Share Capital

14

For For Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights Up to 10 Percent of Issued Share Capital

15

For For Approve Increase of the Aggregate Maximum Remuneration of Supervisory Board

16


17

Vote Summary Report


BE Semiconductor Industries NV Meeting Date: 04/30/2021 Country: Netherlands

Meeting Type: Annual Ticker: BESI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



4

For For Approve Dividends of EUR 1.70 Per Share 5.b



For For Amend Remuneration Policy 7

For For Elect Laura Oliphant to Supervisory Board 8.a

For For Elect Elke Eckstein to Supervisory Board 8.b

For For Grant Board Authority to Issue Shares Up To 10 Percent of Issued Capital and Exclude Pre-emptive Rights

9


10

For For Approve Reduction in Share Capital through Cancellation of Shares

11

For For Amend Articles Re: Mandatory Statutory Provision Regarding the Absence of All Members of the Supervisory Board

12

BR MALLS Participacoes SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Annual Ticker: BRML3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3

Vote Summary Report


BR MALLS Participacoes SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


4

For For Elect Jorge Roberto Manoel as Fiscal Council Member and Antonio Carlos Bizzo Lima as Alternate

5


6

BR MALLS Participacoes SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Special Ticker: BRML3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Add Article 20 2



4

Budweiser Brewing Company APAC Limited Meeting Date: 04/30/2021 Country: Cayman Islands


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Katherine Barrett as Director 3a

For For Elect Nelson Jamel as Director 3b

Vote Summary Report


Budweiser Brewing Company APAC Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Martin Cubbon as Director 3c


3d


4



6




Against For Approve Specific Mandate to Issue New Shares to the Trustee of the Company's Share Award Schemes in Relation to the Grant of Restricted Share Units and Locked-Up Shares to the Non-Connected Participants

8


Against For Approve Specific Mandate to Issue New Shares to the Trustee in Relation to the Grant of Restricted Share Units and Locked-Up Shares to the Non-Connected Participants During the Applicable Period

9


Against For Approve Specific Mandate to Issue New Shares to the Trustee in Relation to the Grant of Restricted Share Units and Locked-Up Shares to the Connected Participants

10


Against For Approve Specific Mandate to Issue New Shares to the Trustee in Relation to the Grant of Restricted Share Units and Locked-Up Shares to the Connected Participants During the Applicable Period

11


BWX Technologies, Inc. Meeting Date: 04/30/2021 Country: USA

Meeting Type: Annual Ticker: BWXT

Vote Summary Report


BWX Technologies, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Jan A. Bertsch For For

For For Elect Director Gerhard F. Burbach 1b

For For Elect Director Rex D. Geveden 1c

For For Elect Director James M. Jaska 1d

For For Elect Director Kenneth J. Krieg 1e

For For Elect Director Leland D. Melvin 1f

For For Elect Director Robert L. Nardelli 1g

For For Elect Director Barbara A. Niland 1h

For For Elect Director John M. Richardson 1i


2


Castrol India Limited Meeting Date: 04/30/2021 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Reelect Sandeep Sangwan as Director 3


For For Elect Deepesh Baxi as Director 5

Against For Approve Appointment and Remuneration of Deepesh Baxi as Wholetime Director

6

Voter Rationale: Lack of cap on the quantum of variable remuneration.

Vote Summary Report


China Southern Airlines Company Limited Meeting Date: 04/30/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Amendments to Articles of Association to Expand Business Scope

For For

For For Approve Allowance Standard of the Independent Non-Executive Directors

2

Against For Elect Ma Xu Lun as Director 3.01

For For Elect Han Wen Sheng as Director 3.02

For For Elect Liu Chang Le as Director 4.01

For For Elect Gu Hui Zhong as Director 4.02

Against For Elect Guo Wei as Director 4.03

Against For Elect Yan Yan as Director 4.04

For For Elect Li Jia Shi as Supervisor 5.01

For For Elect Lin Xiao Chun as Supervisor 5.02

China Southern Airlines Company Limited Meeting Date: 04/30/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Amendments to Articles of Association to Expand Business Scope

For For

For For Approve Allowance Standard of the Independent Non-Executive Directors

2

Against For Elect Ma Xu Lun as Director 3.01

For For Elect Han Wen Sheng as Director 3.02

For For Elect Liu Chang Le as Director 4.01

For For Elect Gu Hui Zhong as Director 4.02

Against For Elect Guo Wei as Director 4.03

Against For Elect Yan Yan as Director 4.04

Vote Summary Report


China Southern Airlines Company Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Li Jia Shi as Supervisor 5.01

For For Elect Lin Xiao Chun as Supervisor 5.02

City Developments Limited Meeting Date: 04/30/2021 Country: Singapore


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Final and Special Dividend 2


For For Elect Philip Yeo Liat Kok as Director 4

For For Elect Ong Lian Jin Colin as Director 5a

For For Elect Daniel Marie Ghislain Desbaillets as Director

5b

For For Elect Chong Yoon Chou as Director 5c

For For Elect Chan Swee Liang Carolina (Carol Fong) as Director

5d

For For Elect Lee Jee Cheng Philip as Director 5e


6


7



9

Comfortdelgro Corporation Limited Meeting Date: 04/30/2021 Country: Singapore


Vote Summary Report


Comfortdelgro Corporation Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Declare Final Dividend 2


For For Elect Lim Jit Poh as Director and His Continued Appointment as Independent Non-Executive Director

4

For For Approve Lim Jit Poh to Continue Office as Independent Non-Executive Director by Shareholders (Excluding Directors, Chief Executive Officer and Their Respective Associates)

5

For For Elect Sum Wai Fun as Director and Her Continued Appointment as Independent Non-Executive Director

6

For For Approve Sum Wai Fun to Continue Office as Independent Non-Executive Director by Shareholders (Excluding Directors, Chief Executive Officer and Their Respective Associates)

7

For For Elect Tham Ee Mern, Lilian as Director 8

For For Elect Mark Christopher Greaves as Director 9


10

For For Approve Issuance of Shares Under the ComfortDelGro Executive Share Award Scheme

11

Abstain For Authorize Share Repurchase Program 12

Voter Rationale: Most other companies have a max 105% ceiling on repurchase price vs CDelgro’s proposed 110%.

Construtora Tenda SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Annual Ticker: TEND3

Vote Summary Report


Construtora Tenda SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For





5



6

Voter Rationale: No cumulative voting request at the time of voting

Abstain None Percentage of Votes to Be Assigned - Elect Claudio Jose Carvalho de Andrade as Board Chairman

7.1


Abstain None Percentage of Votes to Be Assigned - Elect Mauricio Luis Luchetti as Independent Director

7.2


Abstain None Percentage of Votes to Be Assigned - Elect Mario Mello Freire Neto as Independent Director

7.3


Abstain None Percentage of Votes to Be Assigned - Elect Flavio Uchoa Teles de Menezes as Independent Director

7.4


Abstain None Percentage of Votes to Be Assigned - Elect Rodolpho Amboss as Independent Director

7.5


Abstain None Percentage of Votes to Be Assigned - Elect Antonoaldo Grangeon Trancoso Neves as Independent Director

7.6


Abstain None Percentage of Votes to Be Assigned - Elect Michele Corrochano Robert as Independent Director

7.7


Vote Summary Report


Construtora Tenda SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


8



9


10



12



13

CPFL Energia SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Special Ticker: CPFE3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Articles For For



3

CPFL Energia SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Annual Ticker: CPFE3

Vote Summary Report


CPFL Energia SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




4


For For Approve Classification of Antonio Kandir and Marcelo Amaral Moraes as Independent Directors

5

For For Elect Bo Wen as Director 6.1

Against For Elect Yuehui Pan as Director 6.2


Against For Elect Gustavo Estrella as Director 6.3


For For Elect Antonio Kandir as Independent Director 6.4

For For Elect Marcelo Amaral Moraes as Independent Director

6.5

Against For Elect Li Hong as Director 6.6


Against For Elect Anselmo Henrique Seto Leal as Director 6.7



7

Voter Rationale: Lack of disclosure around cumulative voting.

Abstain None Percentage of Votes to Be Assigned - Elect Bo Wen as Director

8.1


Abstain None Percentage of Votes to Be Assigned - Elect Yuehui Pan as Director

8.2


Abstain None Percentage of Votes to Be Assigned - Elect Gustavo Estrella as Director

8.3


Vote Summary Report


CPFL Energia SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Abstain None Percentage of Votes to Be Assigned - Elect Antonio Kandir as Independent Director

8.4


Abstain None Percentage of Votes to Be Assigned - Elect Marcelo Amaral Moraes as Independent Director

8.5


Abstain None Percentage of Votes to Be Assigned - Elect Li Hong as Director

8.6


Abstain None Percentage of Votes to Be Assigned - Elect Anselmo Henrique Seto Leal as Director

8.7



9

Against None Elect Antonio Kandir as Director Appointed by Minority Shareholder

10

Against None Elect Marcelo Amaral Moraes as Director Appointed by Minority Shareholder

11


12

Abstain For Elect Ricardo Florence dos Santos as Fiscal Council Member and Reginaldo FerreiraAlexandre as Alternate

13.1

Voter Rationale: Concentrating votes on minority candidate

Abstain For Elect Vinicius Nishioka as Fiscal Council Member and Luiz Claudio Gomes do Nascimento as Alternate

13.2


Abstain For Elect Ran Zhang as Fiscal Council Member and Li Ruijuan as Alternate

13.3


For None As an Ordinary Shareholder, Would You Like to Request a Separate Election of a Member of the Fiscal Council, Under the Terms of Article 161 of the Brazilian Corporate Law?

14

Against None Elect Ricardo Florence dos Santos as Fiscal Council Member and Reginaldo Ferreira Alexandre as Alternate Appointed by Minority Shareholder

15

Vote Summary Report


CPFL Energia SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For None Elect Marcio Prado as Fiscal Council Member and Paulo Nobrega Frade as Alternate Appointed by Minority Shareholder

16


17


18

Cpn Retail Growth Leasehold Reit Meeting Date: 04/30/2021 Country: Thailand

Meeting Type: Written Consent Ticker: CPNREIT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

6 Approve Amendment of the Trust Deed For For

Credit Suisse Group AG Meeting Date: 04/30/2021 Country: Switzerland

Meeting Type: Annual Ticker: CSGN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Approve Remuneration Report For For


1.2

Abstain None Approve Discharge of Board and Senior Management [Item Withdrawn]

2

Voter Rationale: Item withdrawn


3

For For Approve Creation of CHF 5 Million Pool of Capital without Preemptive Rights

4

For For Elect Antonio Horta-Osorio as Director and Board Chairman

5.1.a

For For Reelect Iris Bohnet as Director 5.1.b

Vote Summary Report


Credit Suisse Group AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Christian Gellerstad as Director 5.1.c

For For Reelect Andreas Gottschling as Director 5.1.d

For For Reelect Michael Klein as Director 5.1.e

For For Reelect Shan Li as Director 5.1.f

For For Reelect Seraina Macia as Director 5.1.g

For For Reelect Richard Meddings as Director 5.1.h

For For Reelect Kai Nargolwala as Director 5.1.i

For For Reelect Ana Pessoa as Director 5.1.j

For For Reelect Severin Schwan as Director 5.1.k

For For Elect Clare Brady as Director 5.1.l

For For Elect Blythe Masters as Director 5.1.m

For For Reappoint Iris Bohnet as Member of the Compensation Committee

5.2.1

For For Reappoint Christian Gellerstad as Member of the Compensation Committee

5.2.2

For For Reappoint Michael Klein as Member of the Compensation Committee

5.2.3

For For Reappoint Kai Nargolwala as Member of the Compensation Committee

5.2.4

For For Appoint Blythe Masters as Member of the Compensation Committee

5.2.5


6.1

Abstain None Approve Short-Term Variable Remuneration of Executive Committee in the Amount of CHF 15.7 Million [Item Withdrawn]

6.2.1



6.2.2

Abstain None Approve Long-Term Variable Remuneration of Executive Committee in the Amount of CHF 25.1 Million [Item Withdrawn]

6.2.3



For For Ratify BDO AG as Special Auditors 7.2


Vote Summary Report


Credit Suisse Group AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against Against Additional Voting Instructions - Shareholder Proposals (Voting)

8.1

Voter Rationale: Content of proposal is not known at the time of voting.

Against For Additional Voting Instructions - Board of Directors Proposals (Voting)

8.2

Voter Rationale: Content of proposal is not known at the time of voting.

Credit Suisse Group AG Meeting Date: 04/30/2021 Country: Switzerland

Meeting Type: Annual Ticker: CSGN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Diebold Nixdorf, Incorporated Meeting Date: 04/30/2021 Country: USA

Meeting Type: Annual Ticker: DBD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Arthur F. Anton For For

For For Elect Director Bruce H. Besanko 1b

For For Elect Director Reynolds C. Bish 1c

For For Elect Director Ellen M. Costello 1d

For For Elect Director Phillip R. Cox 1e

For For Elect Director Alexander Dibelius 1f

For For Elect Director Matthew Goldfarb 1g

For For Elect Director Gary G. Greenfield 1h

For For Elect Director Gerrard B. Schmid 1i

For For Elect Director Kent M. Stahl 1j

For For Elect Director Lauren C. States 1k

Vote Summary Report


Diebold Nixdorf, Incorporated Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




3


Endesa SA Meeting Date: 04/30/2021 Country: Spain

Meeting Type: Annual Ticker: ELE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Consolidated and Standalone Management Reports

2




For For Add Article 26 ter Re: Allow Shareholder Meetings to be Held in Virtual-Only Format

6.1


6.2

For For Amend Article 40 Re: Director Remuneration 6.3

For For Amend Article 43 Re: Board Meetings to be Held in Virtual-Only Format

6.4

For For Add Article 10 ter of General Meeting Regulations Re: Allow Shareholder Meetings to be Held in Virtual-Only Format

7.1


7.2



Voter Rationale: Lack of stretching targets.


Vote Summary Report


Endesa SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Strategic Incentive Plan 11

Voter Rationale: Incentive targets are not aligned with company's strategic plan and therefore award executives for underperformance


12

Equatorial Energia SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Annual Ticker: EQTL3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Elect Carlos Augusto Leone Piani as Director 4.1

Against For Elect Guilherme Mexias Ache as Director 4.2


For For Elect Tania Sztamfater Chocolat as Independent Director

4.3

For For Elect Paulo Jeronimo Bandeira de Mello Pedrosa as Independent Director

4.4

For For Elect Luis Henrique de Moura Goncalves as Independent Director

4.5

Against For Elect Eduardo Haiama as Director 4.6


Against For Elect Augusto Miranda da Paz Junior as Director 4.7


Against For Elect Tiago de Almeida Noel as Director 4.8



5

Voter Rationale: Lack of information around cumulative voting.

Vote Summary Report


Equatorial Energia SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Abstain None Percentage of Votes to Be Assigned - Elect Carlos Augusto Leone Piani as Director

6.1


Abstain None Percentage of Votes to Be Assigned - Elect Guilherme Mexias Ache as Director

6.2


Abstain None Percentage of Votes to Be Assigned - Elect Tania Sztamfater Chocolat as Independent Director

6.3


Abstain None Percentage of Votes to Be Assigned - Elect Paulo Jeronimo Bandeira de Mello Pedrosa as Independent Director

6.4


Abstain None Percentage of Votes to Be Assigned - Elect Luis Henrique de Moura Goncalves as Independent Director

6.5


Abstain None Percentage of Votes to Be Assigned - Elect Eduardo Haiama as Director

6.6


Abstain None Percentage of Votes to Be Assigned - Elect Augusto Miranda da Paz Junior as Director

6.7


Abstain None Percentage of Votes to Be Assigned - Elect Tiago de Almeida Noel as Director

6.8



7

Voter Rationale: Lack of transparency so unable to accurately assess the pay plan.



For For Elect Saulo de Tarso Alves de Lara as Fiscal Council Member and Claudia Luciana Ceccatto de Trotta as Alternate

10.1

For For Elect Maria Salete Garcia Pinheiro as Fiscal Council Member and Paulo Roberto Franceschi as Alternate

10.2

For For Elect Vanderlei Dominguez da Rosa as Fiscal Council Member and Ricardo Bertucci as Alternate

10.3

Vote Summary Report


Equatorial Energia SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


11


12

Equatorial Energia SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Special Ticker: EQTL3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Authorize Capitalization of Reserves Without Issuance of Shares and Amend Article 6 Accordingly

For For



3

Fibra Uno Administracion SA de CV Meeting Date: 04/30/2021 Country: Mexico

Meeting Type: Annual Ticker: FUNO11

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.i Accept Reports of Audit, Corporate Practices, Nominating and Remuneration Committees

For For

For For Accept Technical Committee Report on Compliance in Accordance to Article 172 of General Mercantile Companies Law

1.ii

For For Accept Report of Trust Managers in Accordance to Article 44-XI of Securities Market Law, Including Technical Committee's Opinion on that Report

1.iii

For For Accept Technical Committee Report on Operations and Activities Undertaken

1.iv

For For Approve Financial Statements and Allocation of Income

2

Vote Summary Report


Fibra Uno Administracion SA de CV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Ratify Ignacio Trigueros Legarreta as Member of Technical Committee

3

For For Ratify Antonio Hugo Franck Cabrera as Member of Technical Committee

4

For For Ratify Ruben Goldberg Javkin as Member of Technical Committee

5

For For Ratify Herminio Blanco Mendoza as Member of Technical Committee

6

For For Ratify Alberto Felipe Mulas Alonso as Member of Technical Committee

7

For For Approve Remuneration of Technical Committee Members

8

Against For Receive Controlling's Report on Ratification of Members and Alternates of Technical Committee

9

Voter Rationale: Lack of disclosure of technical committee nominees.



Ganfeng Lithium Co., Ltd. Meeting Date: 04/30/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Approve Capital Increase in Its Wholly-Owned Subsidiary

2

Ganfeng Lithium Co., Ltd. Meeting Date: 04/30/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Vote Summary Report


Ganfeng Lithium Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Capital Increase in Its Wholly-owned Subsidiary

2

GEA Group AG Meeting Date: 04/30/2021 Country: Germany

Meeting Type: Annual Ticker: G1A

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


3


4


For For Elect Juergen Fleischer to the Supervisory Board 6.1

For For Elect Colin Hall to the Supervisory Board 6.2

For For Elect Klaus Helmrich to the Supervisory Board 6.3

For For Elect Annette Koehler to the Supervisory Board 6.4

For For Elect Holly Lei to the Supervisory Board 6.5

For For Elect Molly Zhang to the Supervisory Board 6.6



For For Amend Articles Re: Supervisory Board Term of Office

9

For For Approve Creation of EUR 52 Million Pool of Authorized Capital I with Preemptive Rights

10

For For Approve Creation of EUR 52 Million Pool of Authorized Capital II with Partial Exclusion of Preemptive Rights

11

For For Approve Creation of EUR 52 Million Pool of Authorized Capital III with Partial Exclusion of Preemptive Rights

12

Vote Summary Report


GEA Group AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds with Partial Exclusion of Preemptive Rights up to Aggregate Nominal Amount of EUR 750 Million; Approve Creation of EUR 52 Million Pool of Capital to Guarantee Conversion Rights

13

GMexico Transportes SAB de CV Meeting Date: 04/30/2021 Country: Mexico

Meeting Type: Annual Ticker: GMXT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.a Approve Reports and Opinion Referred to in Article 28-IV of Securities Market Law

For For


1.b


1.c

For For Approve Report on Compliance with Fiscal Obligations

1.d

For For Approve Allocation of Income 1.e

For For Approve Discharge of Board and CEO 2.a

Against For Elect or Ratify Members of Board, Chairman of Audit and Corporate Practices Committee, Committee Members, CEO and Secretary (Non-Member)

2.b


For For Approve their Remuneration 2.c


3.a

For For Approve Report on Policies of Share Repurchase 3.b


4

Vote Summary Report


Grupo Mexico S.A.B. de C.V. Meeting Date: 04/30/2021 Country: Mexico

Meeting Type: Annual Ticker: GMEXICOB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


For For Approve Policy Related to Acquisition of Own Shares; Set Aggregate Nominal Amount of Share Repurchase Reserve

4

For For Approve Discharge of Board of Directors, Executive Chairman and Board Committees

5

For For Ratify Auditors 6

Against For Elect or Ratify Directors; Verify Independence of Board Members; Elect or Ratify Chairmen and Members of Board Committees

7


For For Approve Remuneration of Directors and Members of Board Committees

8


9

Hang Lung Group Limited Meeting Date: 04/30/2021 Country: Hong Kong


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Pak Wai Liu as Director 3a

For For Elect George Ka Ki Chang as Director 3b

For For Elect Roy Yang Chung Chen as Director 3c

For For Elect Hau Cheong Ho as Director 3d

Vote Summary Report


Hang Lung Group Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


3e

For For Approve KPMG as Auditor and Authorize Board to Fix Their Remuneration

4



6




Hang Lung Properties Ltd. Meeting Date: 04/30/2021 Country: Hong Kong


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Ronnie Chichung Chan as Director 3a

For For Elect Weber Wai Pak Lo as Director 3b

For For Elect Hau Cheong Ho as Director 3c

For For Authorize Board to Fix the Remuneration of Directors

3d

For For Approve KPMG as Auditors and Authorize Board to Fix Their Remuneration

4



6




Vote Summary Report


Hapvida Participacoes e Investimentos SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Annual Ticker: HAPV3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3

Voter Rationale: Lack of transparency around all aspects of pay so unable to determine pay for performance alignment.


4


5

Hapvida Participacoes e Investimentos SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Special Ticker: HAPV3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Restricted Stock Plan For Against

Voter Rationale: Only part of the plan is subject to performance conditions.


Voter Rationale: Beneficiaries of the plan are involved in its administration

For For Approve Agreement to Acquire All Shares of Vida Saude Gestao S.A. (Vida Saude) by Ultra Som Servicos Medicos S.A. (Ultra Som) and Acquisition of All Shares of Ultra Som Servicos Medicos S.A. (Ultra Som) by the Company

3

For For Ratify Apsis Consultoria Empresarial Ltda. as Independent Firm to Appraise Proposed Transaction

4


Vote Summary Report


Hapvida Participacoes e Investimentos SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Capital Increase in Connection with the Transaction

6


For For Authorize Executives to Ratify and Execute Approved Resolutions

8


9

Helvetia Holding AG Meeting Date: 04/30/2021 Country: Switzerland

Meeting Type: Annual Ticker: HELN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3

For For Reelect Doris Schurter as Director and Board Chairman

4.1

For For Reelect Beat Fellmann as Director 4.2.1

For For Reelect Jean-Rene Fournier as Director 4.2.2


For For Reelect Hans Kuenzle as Director 4.2.4

For For Reelect Christoph Lechner as Director 4.2.5

For For Reelect Gabriela Payer as Director 4.2.6

For For Reelect Thomas Schmueckli as Director 4.2.7

For For Reelect Andreas von Planta as Director 4.2.8


For For Reappoint Jean-Rene Fournier as Member of the Nomination and Compensation Committee

4.3.1

For For Reappoint Gabriela Payer as Member of the Nomination and Compensation Committee

4.3.2

Vote Summary Report


Helvetia Holding AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reappoint Andreas von Planta as Member of the Nomination and Compensation Committee

4.3.3

For For Reappoint Regula Wallimann as Member of the Nomination and Compensation Committee

4.3.4

Against For Approve Fixed Remuneration of Directors in the Amount of CHF 3.1 Million

5.1

Voter Rationale: Excessive pay of Chair and directors.


5.2

Against For Approve Variable Remuneration of Executive Committee in the Amount of CHF 3.5 Million

5.3

Voter Rationale: Deferred share grants are based over single year performance.

For For Designate Schmuki Bachmann as Independent Proxy

6





Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


1


2


3

For For Reelect Doris Schurter as Director and Board Chairman

4.1

For For Reelect Beat Fellmann as Director 4.2.1

For For Reelect Jean-Rene Fournier as Director 4.2.2


For For Reelect Hans Kuenzle as Director 4.2.4

For For Reelect Christoph Lechner as Director 4.2.5

For For Reelect Gabriela Payer as Director 4.2.6

For For Reelect Thomas Schmueckli as Director 4.2.7

For For Reelect Andreas von Planta as Director 4.2.8

Vote Summary Report


Helvetia Holding AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Reappoint Jean-Rene Fournier as Member of the Nomination and Compensation Committee

4.3.1

For For Reappoint Gabriela Payer as Member of the Nomination and Compensation Committee

4.3.2

For For Reappoint Andreas von Planta as Member of the Nomination and Compensation Committee

4.3.3

For For Reappoint Regula Wallimann as Member of the Nomination and Compensation Committee

4.3.4


5.1

Voter Rationale: Excessive pay of Chair and directors.


5.2


5.3

Voter Rationale: Deferred share grants are based over single year performance.

For For Designate Schmuki Bachmann as Independent Proxy

6





Helvetia Holding AG Meeting Date: 04/30/2021 Country: Switzerland

Meeting Type: Annual Ticker: HELN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Interpump Group SpA Meeting Date: 04/30/2021 Country: Italy

Meeting Type: Annual Ticker: IP

Vote Summary Report


Interpump Group SpA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



Voter Rationale: Lack of disclosure on performance conditions so unable to assess the stringency of the plan.


4.2

Voter Rationale: Lack of disclosure around performance outcomes and how these relate to payouts so unable to assess pay for performance alignment.


For For Approve External Auditors 6


7


A


Itausa SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Annual Ticker: ITSA4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Minutes of Meeting Summary For For


2


3

Abstain None Elect Director and Alternate Appointed by Preferred Shareholder

4

Voter Rationale: No nominee details disclosed at the time of voting.

Vote Summary Report


Itausa SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


5

For None Elect Isaac Berensztejn as Fiscal Council Member and Patricia Valente Stierli as Alternate Appointed by Preferred Shareholder

6

Kellogg Company Meeting Date: 04/30/2021 Country: USA

Meeting Type: Annual Ticker: K

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Carter Cast For For

For For Elect Director Zack Gund 1b

For For Elect Director Don Knauss 1c

For For Elect Director Mike Schlotman 1d


2



For For Reduce Supermajority Vote Requirement 4

For None Provide Right to Call A Special Meeting 5

Voter Rationale: This proposal would enhance shareholders' rights.

Kingspan Group Plc Meeting Date: 04/30/2021 Country: Ireland

Meeting Type: Annual Ticker: KRX

Vote Summary Report


Kingspan Group Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Gene Murtagh as Director 3a

For For Re-elect Geoff Doherty as Director 3b

For For Re-elect Russell Shiels as Director 3c

For For Re-elect Gilbert McCarthy as Director 3d

For For Re-elect Linda Hickey as Director 3e

For For Re-elect Michael Cawley as Director 3f

For For Re-elect John Cronin as Director 3g

For For Re-elect Jost Massenberg as Director 3h

For For Re-elect Anne Heraty as Director 3i



Voter Rationale: Malus on previous board members not implemented in shareholders best interests.

For For Approve Increase in the Limit for Non-executive Directors' Fees

6



8


9


For For Authorise Reissuance of Treasury Shares 11

For For Authorise the Company to Call EGM with Two Weeks' Notice

12

Lee & Man Paper Manufacturing Limited Meeting Date: 04/30/2021 Country: Cayman Islands


Vote Summary Report


Lee & Man Paper Manufacturing Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Poon Chung Kwong as Director 3

Against For Elect Wong Kai Tung Tony as Director 4

Voter Rationale: Member of the nominating committee and lack of gender diversity on the board.

For For Authorize Board to Approve Terms of Appointment, Including Remuneration, for Peter A. Davies as Independent Non-Executive Director

5

For For Authorize Board to Approve Terms of Appointment, Including Remuneration, for Chau Shing Yim David as Independent Non-Executive Director

6

For For Approve Remuneration of Directors for the Year Ended December 31, 2020

7

For For Authorize Board to Fix Remuneration of Directors for the Year Ending December 31, 2021

8

For For Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration

9


10





Leidos Holdings, Inc. Meeting Date: 04/30/2021 Country: USA

Meeting Type: Annual Ticker: LDOS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Gregory R. Dahlberg For For

Vote Summary Report


Leidos Holdings, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director David G. Fubini 1b

For For Elect Director Miriam E. John 1c

For For Elect Director Frank Kendall, III 1d

For For Elect Director Robert C. Kovarik, Jr. 1e

For For Elect Director Harry M. J. Kraemer, Jr. 1f

For For Elect Director Roger A. Krone 1g

For For Elect Director Gary S. May 1h

For For Elect Director Surya N. Mohapatra 1i

For For Elect Director Robert S. Shapard 1j

For For Elect Director Susan M. Stalnecker 1k

For For Elect Director Noel B. Williams 1l


2


Louisiana-Pacific Corporation Meeting Date: 04/30/2021 Country: USA

Meeting Type: Annual Ticker: LPX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director F. Nicholas Grasberger, III For For

For For Elect Director Ozey K. Horton, Jr. 1b

For For Elect Director W. Bradley Southern 1c

Against For Ratify Deloitte & Touche LLP as Auditor 2



3

Manulife US Real Estate Investment Trust Meeting Date: 04/30/2021 Country: Singapore

Meeting Type: Annual Ticker: BTOU

Vote Summary Report


Manulife US Real Estate Investment Trust

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Ernst & Young LLP as Auditors and Authorize Manager to Fix Their Remuneration

2


3

Metall Zug AG Meeting Date: 04/30/2021 Country: Switzerland

Meeting Type: Annual Ticker: METN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Voter Rationale: Lack of disclosure. Lack of long-term incentive plan.

For For Approve Allocation of Income and Dividends of CHF 1.70 per Registered Share Series A and CHF 17.00 per Registered Share Series B

2


3

Against For Reelect Martin Wipfli as Director 4.1a

Voter Rationale: Over-boarding concerns.

For For Reelect Dominik Berchtold as Director 4.1b

Against For Reelect Heinz Buhofer as Director 4.1c


For For Reelect Sandra Emme as Director 4.1d

For For Reelect Claudia Pletscher as Director 4.1e

For For Reelect Peter Terwiesch as Director 4.1f

For For Elect Peter Terwiesch as Shareholder Representative of Series B Shares

4.1g

Vote Summary Report


Metall Zug AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Reelect Martin Wipfli as Board Chairman 4.2

Voter Rationale: Over-boarding concerns.

Against For Reappoint Heinz Buhofer as Member of the Personnel and Compensation Committee

4.3.1

Voter Rationale: Election to the board does not warrant support.

For For Reappoint Peter Terwiesch as Member of the Personnel and Compensation Committee

4.3.2

For For Designate Blum & Partner AG as Independent Proxy

4.4



5.1


5.2


5.3



Metall Zug AG Meeting Date: 04/30/2021 Country: Switzerland

Meeting Type: Annual Ticker: METN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Mobly SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Special Ticker: MBLY3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


Mobly SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Amend Stock Option Plan 2


3

Mobly SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Annual Ticker: MBLY3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3


4

Mosaico Tecnologia ao Consumidor SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Special Ticker: MOSI3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Rectify Remuneration of Company's Management for 2020 and Approve Remuneration of Company's Management for 2021

For For


For For Amend Article 14 Re: Board Chairman 3

For For Amend Article 17 Re: Increase in Number of Executives

4

Vote Summary Report


Mosaico Tecnologia ao Consumidor SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Against For Approve Stock Option Plan and Cancel Stock Option Plan Approved at the Oct. 14, 2020 EGM

6

Voter Rationale: Performance conditions are not disclosed so unable to assess the stringency of the plan.


7

Mosaico Tecnologia ao Consumidor SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Annual Ticker: MOSI3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Fix Number of Directors at Six 3


4




6



7


Abstain None Percentage of Votes to Be Assigned - Elect Guilherme Goulart Pacheco as Board Chairman

8.1


Vote Summary Report


Mosaico Tecnologia ao Consumidor SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Abstain None Percentage of Votes to Be Assigned - Elect Jose Guilherme Milek Pierotti as Board Vice-Chairman

8.2


Abstain None Percentage of Votes to Be Assigned - Elect Roberto Wagner Ferreira Malta as Director

8.3


Abstain None Percentage of Votes to Be Assigned - Elect Frederico de Castro Borges Pompeu as Director

8.4


Abstain None Percentage of Votes to Be Assigned - Elect David dos Santos Peixoto as Independent Director

8.5


Abstain None Percentage of Votes to Be Assigned - Elect Laura Tourinho Jaguaribe as Independent Director

8.6



9


10


11

Oil Search Ltd. Meeting Date: 04/30/2021 Country: Papua New Guinea

Meeting Type: Annual Ticker: OSH

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Vote Summary Report


Oil Search Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Voter Rationale: On balance a positive vote as our concerns are not sufficient to justify a negative vote. We would prefer a slightly different scorecard for the STI elements and we note the payouts in FY20 were fairly high in a year with weaker finanical performance, however it was an extraordinary year and the company navigated some difficult circumstances which helps to justify the STI outcomes.

For For Elect Musje Werror as Director 3a

For For Elect Richard Lee as Director 3b

For For Elect Eileen Doyle as Director 3c

For For Elect Susan Cunningham as Director 3d

For For Elect Bakheet Al Katheeri as Director 3e

For For Approve Temporary Increase in the Maximum Number of Directors from 9 to 10

4

For For Elect Michael Utsler as Director 5

For For Approve Grant of Restricted Shares, Alignment Rights and Performance Rights to Keiran Wulff

6

Voter Rationale: Whilst the alignment rights are an unusual tool, the quantum is not excessive and it does provide an additional and longer term focus on some of the non financial targets such as ESG and safety which seems sensible. The performance rights are vanilla and raise no issues.

For For Approve Grant of Non-Executive Director Rights to Michael Utsler

7

Against Against Approve Capital Protection 8

Voter Rationale: OSH already has thorough disclosure on the aspects raised in this resolution, including a reduction in emissions of 30% by 2030 and net zero by 2050

Pearson Plc Meeting Date: 04/30/2021 Country: United Kingdom

Meeting Type: Annual Ticker: PSON

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Andy Bird as Director 3

For For Re-elect Elizabeth Corley as Director 4

For For Re-elect Sherry Coutu as Director 5

For For Re-elect Sally Johnson as Director 6

Vote Summary Report


Pearson Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Linda Lorimer as Director 7

For For Re-elect Graeme Pitkethly as Director 8

For For Re-elect Tim Score as Director 9

For For Re-elect Sidney Taurel as Director 10

For For Re-elect Lincoln Wallen as Director 11



13


14



16


17


Against For Authorise the Company to Call General Meeting with Two Weeks' Notice

19

Voter Rationale: Not in shareholders best interests.


Photo-Me International Plc Meeting Date: 04/30/2021 Country: United Kingdom

Meeting Type: Annual Ticker: PHTM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Reappoint Mazars LLP as Auditors 4


For For Re-elect Sir John Lewis as Director 6

Vote Summary Report


Photo-Me International Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Serge Crasnianski as Director 7

For For Re-elect Francoise Coutaz-Replan as Director 8

For For Re-elect Jean-Marcel Denis as Director 9


10



12


13


For For Approve Amendments to the Existing Directors' Remuneration Policy to Enable Payment to a Former Director

15

Qualicorp Consultoria e Corretora de Seguros SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Annual Ticker: QUAL3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




4




6

Voter Rationale: Amended slate may not be in shareholders interests

Vote Summary Report


Qualicorp Consultoria e Corretora de Seguros SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


7


Abstain None Percentage of Votes to Be Assigned - Elect Heraclito de Brito Gomes Junior as Independent Board Chairman

8.1


Abstain None Percentage of Votes to Be Assigned - Elect Mauro Teixeira Sampaio as Independent Director

8.2


Abstain None Percentage of Votes to Be Assigned - Elect Murilo Ramos Neto as Independent Director

8.3


Abstain None Percentage of Votes to Be Assigned - Elect Roberto Martins de Souza as Independent Director

8.4


Abstain None Percentage of Votes to Be Assigned - Elect Ricardo Wagner Lopes Barbosa as Independent Director

8.5


Abstain None Percentage of Votes to Be Assigned - Elect Bernardo Dantas Rodenburg as Independent Director

8.6


Abstain None Percentage of Votes to Be Assigned - Elect Martha Maria Soares Savedra as Independent Director

8.7



9



10

Raia Drogasil SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Annual Ticker: RADL3

Vote Summary Report


Raia Drogasil SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




4




6



7

Voter Rationale: No cumulative voting request disclosed at time of voting.

Abstain None Percentage of Votes to Be Assigned - Elect Antonio Carlos Pipponzi as Director

8.1


Abstain None Percentage of Votes to Be Assigned - Elect Carlos Pires Oliveira Dias as Director

8.2


Abstain None Percentage of Votes to Be Assigned - Elect Cristiana Almeida Pipponzi as Director

8.3


Abstain None Percentage of Votes to Be Assigned - Elect Plinio Villares Musetti as Director

8.4


Abstain None Percentage of Votes to Be Assigned - Elect Paulo Sergio Coutinho Galvao Filho as Director

8.5


Abstain None Percentage of Votes to Be Assigned - Elect Renato Pires Oliveira Dias as Director

8.6


Vote Summary Report


Raia Drogasil SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Abstain None Percentage of Votes to Be Assigned - Elect Marco Ambrogio Crespi Bonomi as Independent Director

8.7


Abstain None Percentage of Votes to Be Assigned - Elect Sylvia de Souza Leao Wanderley as Independent Director

8.8


Abstain None Percentage of Votes to Be Assigned - Elect Denise Soares dos Santos as Independent Director

8.9


Abstain None Percentage of Votes to Be Assigned - Elect Philipp Paul Marie Povel as Independent Director

8.10


Abstain None Percentage of Votes to Be Assigned - Elect Cesar Nivaldo Gon as Independent Director

8.11



9


10




12


For None Elect Antonio Edson Maciel dos Santos as Fiscal Council Member and Alessandra Eloy Gadelha as Alternate Appointed by Minority Shareholder

13


14


15

Vote Summary Report


Raia Drogasil SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Special Ticker: RADL3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Amend Article 6 Re: Increase in Board Size 2












13

RLJ Lodging Trust Meeting Date: 04/30/2021 Country: USA

Meeting Type: Annual Ticker: RLJ

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Robert L. Johnson For For

For For Elect Director Leslie D. Hale 1.2

For For Elect Director Evan Bayh 1.3

For For Elect Director Arthur R. Collins 1.4

For For Elect Director Nathaniel A. Davis 1.5

For For Elect Director Patricia L. Gibson 1.6

Vote Summary Report


RLJ Lodging Trust Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Robert M. La Forgia 1.7

For For Elect Director Robert J. McCarthy 1.8

For For Elect Director Glenda G. McNeal 1.9



3


Rotork Plc Meeting Date: 04/30/2021 Country: United Kingdom

Meeting Type: Annual Ticker: ROR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Ann Andersen as Director 4

For For Re-elect Tim Cobbold as Director 5

For For Re-elect Jonathan Davis as Director 6

For For Re-elect Peter Dilnot as Director 7

For For Re-elect Kevin Hostetler as Director 8

For For Re-elect Martin Lamb as Director 9

For For Elect Janice Stipp as Director 10



12



14


15

Vote Summary Report


Rotork Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Authorise Market Purchase of Preference Shares 17



19

Saipem SpA Meeting Date: 04/30/2021 Country: Italy

Meeting Type: Annual Ticker: SPM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Fix Board Terms for Directors 4

Against None Slate 1 Submitted by Eni SpA and CDP Industria SpA

5.1

Voter Rationale: We are supportive of the minority candidates submitted on slate 2


5.2

For None Elect Silvia Merlo as Board Chair 6

For None Approve Remuneration of Directors 7



9

Voter Rationale: We are not supportive of the retrospective adjustments made to the annual bonus award

For For Authorize Share Repurchase Program and Reissuance of Repurchased Shares to Service 2021-2023 Short Term Variable Incentive Plan for 2022 Allocation

10

For For Authorize Share Repurchase Program and Reissuance of Repurchased Shares to Service 2019-2021 Long Term Incentive Plan for 2021 Allocation

11

Vote Summary Report


Saipem SpA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


A


Sanofi Meeting Date: 04/30/2021 Country: France

Meeting Type: Annual/Special Ticker: SAN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3

For For Ratify Appointment of Gilles Schnepp as Director

4

For For Reelect Fabienne Lecorvaisier as Director 5

For For Reelect Melanie Lee as Director 6

For For Elect Barbara Lavernos as Director 7


8

For For Approve Compensation of Serge Weinberg, Chairman of the Board

9

For For Approve Compensation of Paul Hudson, CEO 10



12



14


15


16

Vote Summary Report


Sanofi Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


17


18

For For Approve Issuance of Debt Securities Giving Access to New Shares of Subsidiaries and/or Debt Securities, up to Aggregate Amount of EUR 7 Billion

19


20


21


22


23

For For Authorize up to 5 Percent of Issued Capital for Use in Restricted Stock Plans

24

For For Amend Article 13 of Bylaws Re: Written Consultation

25

For For Amend Articles 14 and 17 of Bylaws Re: Board Powers and Censors

26


27

Smurfit Kappa Group Plc Meeting Date: 04/30/2021 Country: Ireland

Meeting Type: Annual Ticker: SKG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



Vote Summary Report


Smurfit Kappa Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Elect Kaisa Hietala as Director 5

For For Re-elect Irial Finan as Director 6a

For For Re-elect Anthony Smurfit as Director 6b

For For Re-elect Ken Bowles as Director 6c

For For Re-elect Anne Anderson as Director 6d

For For Re-elect Frits Beurskens as Director 6e

For For Re-elect Carol Fairweather as Director 6f

For For Re-elect James Lawrence as Director 6g

For For Re-elect Dr Lourdes Melgar as Director 6h

For For Re-elect John Moloney as Director 6i

For For Re-elect Jorgen Rasmussen as Director 6j

For For Re-elect Gonzalo Restrepo as Director 6k




9


10



12

For For Approve Increase in the Maximum Award Opportunity in the Rules of the 2018 Performance Share Plan

13

TCL Technology Group Corp. Meeting Date: 04/30/2021 Country: China


Vote Summary Report


TCL Technology Group Corp.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Investment in the Construction of Guangzhou Huaxing's 8.6th Generation Oxide Semiconductor New Display Device Production Line Project

For For



For For Approve Financial Report 4




For For Approve Remuneration of Directors, Supervisors and Senior Management Members

8


Against For Approve Financial Services Agreement 10

Voter Rationale: The proposed transactions may expose the company to unnecessary risks.


Against For Approve Matters Related to Securities Investment and Financial Management

12

Voter Rationale: The proposed transactions may expose the company to unnecessary risks.

For For Approve Company's Eligibility for Private Placement of Shares

13


For For Approve Issue Manner 14.2


14.3

For For Approve Pricing Reference Date, Issue Price and Pricing Principle

14.4




For For Approve Use of Proceeds 14.8


14.9


For For Approve Plan for Private Placement of Shares 15

Vote Summary Report


TCL Technology Group Corp. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


16


17

For For Approve Impact of Dilution of Current Returns and the Relevant Measures to be Taken

18


19

For For Approve Guarantee Provision Plan 20

Teleflex Incorporated Meeting Date: 04/30/2021 Country: USA

Meeting Type: Annual Ticker: TFX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Candace H. Duncan For For

For For Elect Director Stephen K. Klasko 1b

For For Elect Director Stuart A. Randle 1c


2



For None Declassify the Board of Directors 4

TERNA Rete Elettrica Nazionale SpA Meeting Date: 04/30/2021 Country: Italy

Meeting Type: Annual Ticker: TRN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Vote Summary Report


TERNA Rete Elettrica Nazionale SpA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Long Term Incentive Plan 3


4



5.2

Voter Rationale: Excessive termination awards

The Phoenix Mills Limited Meeting Date: 04/30/2021 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Scheme of Amalgamation (Merger by Absorption)

For For

Tremor International Ltd. Meeting Date: 04/30/2021 Country: Israel

Meeting Type: Special Ticker: TRMR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Lisa Klinger as External Director and Independent Non-Executive Director

For For

For For Ratify and Approve Remuneration of Christopher Stibbs, Independent Non-Executive Director

2

For For Approve Remuneration of Lisa Klinger, External Director and Independent Non-Executive Director

3

For For Approve New Remuneration of Ofer Druker, CEO and Executive Director

4

For For Approve New Remuneration of Yaniv Carmi COO and Executive Director

5

For For Approve New Remuneration of Sagi Niri CFO and Executive Director

6

Vote Summary Report


Tremor International Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Increase to available pool of 2017 Company's Equity Incentive Plan

7


For For Amend and Extend Terms of Compensation Policy for the Directors and Officers of the Company

8


For For Adopt Nee D&O Indemnification Agreement 10

For For Approve Waiver of Shareholders Pre-emption Rights in connection with U.S. Dual Listing

11

Against None Vote FOR if you are a controlling shareholder or have a personal interest in one or several resolutions, as indicated in the proxy card; otherwise, vote AGAINST. You may not abstain. If you vote FOR, please provide an explanation to your account manager

A

Triple-S Management Corporation Meeting Date: 04/30/2021 Country: Puerto Rico

Meeting Type: Annual Ticker: GTS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Stephen L. Ondra For For

For For Elect Director Roberto Garcia-Rodriguez 1b

For For Elect Director Gail B. Marcus 1c

For For Elect Director Roberta Herman 1d

For For Elect Director Luis A. Clavell-Rodriguez 1e



3

For For Amend Articles of Incorporation to Eliminate All References to Class A Common Stock

4


Vote Summary Report


United Overseas Bank Limited (Singapore) Meeting Date: 04/30/2021 Country: Singapore

Meeting Type: Annual Ticker: U11

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Approve Ernst & Young LLP as Auditors and Authorize Directors to Fix Their Remuneration

4

For For Elect Wong Kan Seng as Director 5

Abstain For Elect Alvin Yeo Khirn Hai as Director 6

Voter Rationale: Nominee is subject to a pending hearing.

For For Elect Chia Tai Tee as Director 7


8

For For Approve Issuance of Shares Pursuant to the UOB Scrip Dividend Scheme

9


Vale SA Meeting Date: 04/30/2021 Country: Brazil

Meeting Type: Annual Ticker: VALE3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




4

Voter Rationale: We are not supportive of the cumulative voting procedure

Vote Summary Report


Vale SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Jose Luciano Duarte Penido as Independent Director

5.1

For For Elect Fernando Jorge Buso Gomes as Director 5.2

For For Elect Clinton James Dines as Independent Director

5.3

For For Elect Eduardo de Oliveira Rodrigues Filho as Director

5.4

For For Elect Elaine Dorward-King as Independent Director

5.5

For For Elect Jose Mauricio Pereira Coelho as Director 5.6

Against For Elect Ken Yasuhara as Director 5.7

Voter Rationale: Lack of board experience

For For Elect Manuel Lino Silva de Sousa Oliveira (Ollie Oliveira) as Independent Director

5.8

For For Elect Maria Fernanda dos Santos Teixeira as Independent Director

5.9

For For Elect Murilo Cesar Lemos dos Santos Passos as Independent Director

5.10

For For Elect Roger Allan Downey as Independent Director

5.11

For For Elect Sandra Maria Guerra de Azevedo as Independent Director

5.12

Abstain None Elect Marcelo Gasparino da Silva as Independent Director Appointed by Shareholders

5.13

Voter Rationale: Lack of compelling rationale

Abstain None Elect Mauro Gentile Rodrigues da Cunha as Independent Director Appointed by Shareholders

5.14


For None Elect Roberto da Cunha Castello Branco as Independent Director Appointed by Shareholders

5.15

For None Elect Rachel de Oliveira Maia as Independent Director Appointed by Shareholders

5.16

For None In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below?

6

For None Percentage of Votes to Be Assigned - Elect Jose Luciano Duarte Penido as Independent Director

7.1

For None Percentage of Votes to Be Assigned - Elect Fernando Jorge Buso Gomes as Director

7.2

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

For None Percentage of Votes to Be Assigned - Elect Clinton James Dines as Independent Director

7.3

For None Percentage of Votes to Be Assigned - Elect Eduardo de Oliveira Rodrigues Filho as Director

7.4

For None Percentage of Votes to Be Assigned - Elect Elaine Dorward-King as Independent Director

7.5

For None Percentage of Votes to Be Assigned - Elect Jose Mauricio Pereira Coelho as Director

7.6

Abstain None Percentage of Votes to Be Assigned - Elect Ken Yasuhara as Director

7.7


For None Percentage of Votes to Be Assigned - Elect Manuel Lino Silva de Sousa Oliveira (Ollie Oliveira) as Independent Director

7.8

For None Percentage of Votes to Be Assigned - Elect Maria Fernanda dos Santos Teixeira as Independent Director

7.9

For None Percentage of Votes to Be Assigned - Elect Murilo Cesar Lemos dos Santos Passos as Independent Director

7.10

For None Percentage of Votes to Be Assigned - Elect Roger Allan Downey as Independent Director

7.11

For None Percentage of Votes to Be Assigned - Elect Sandra Maria Guerra de Azevedo as Independent Director

7.12

Abstain None Percentage of Votes to Be Assigned - Elect Marcelo Gasparino da Silva as Independent Director Appointed by Shareholders

7.13

Abstain None Percentage of Votes to Be Assigned - Elect Mauro Gentile Rodrigues da Cunha as Independent Director Appointed by Shareholders

7.14


Abstain None Percentage of Votes to Be Assigned - Elect Roberto da Cunha Castello Branco as Independent Director Appointed by Shareholders

7.15

For None Percentage of Votes to Be Assigned - Elect Rachel de Oliveira Maia as Independent Director Appointed by Shareholders

7.16


For For Elect Jose Luciano Duarte Penido as Board Chairman

8

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

Abstain None Elect Roberto da Cunha Castello Branco as Board Chairman Appointed by Shareholders

9

Voter Rationale: Supported alternative nominee

For For Elect Fernando Jorge Buso Gomes as Board Vice-Chairman

10

Abstain None Elect Mauro Gentile Rodrigues da Cunha as Board Vice-Chairman Appointed by Shareholders

11

Voter Rationale: Supported alternative nominee

For For Elect Cristina Fontes Doherty as Fiscal Council Member and Nelson de Menezes Filho as Alternate

12.1

For For Elect Marcus Vinicius Dias Severini as Fiscal Council Member and Vera Elias as Alternate

12.2

For For Elect Marcelo Moraes as Fiscal Council Member 12.3

For For Elect Raphael Manhaes Martins as Fiscal Council Member and Adriana de Andrade Sole as Alternate

12.4


13



Meeting Type: Special Ticker: VALE3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Restricted Stock Plan For For

For For Approve Agreement to Absorb Companhia Paulista de Ferroligas (CPFL) and Valesul Aluminio S.A. (Valesul)

2

For For Ratify Macso Legate Auditores Independentes (Macso) as Independent Firm to Appraise Proposed Transaction

3


For For Approve Absorption of Companhia Paulista de Ferroligas (CPFL) and Valesul Aluminio S.A. (Valesul) without Capital Increase and without Issuance of Shares

5

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Agreement for Partial Spin-Off of Mineracoes Brasileiras Reunidas S.A. (MBR) and Absorption of Partial Spun-Off Assets

6


7


For For Approve Absorption of Spun-Off Assets without Capital Increase and without Issuance of Shares

9


Meeting Type: Annual/Special Ticker: VALE3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




4

Voter Rationale: We are not supportive of the cumulative voting mechanism

For For Elect Jose Luciano Duarte Penido as Independent Director

5.1

For For Elect Fernando Jorge Buso Gomes as Director 5.2

For For Elect Clinton James Dines as Independent Director

5.3

For For Elect Eduardo de Oliveira Rodrigues Filho as Director

5.4

For For Elect Elaine Dorward-King as Independent Director

5.5

For For Elect Jose Mauricio Pereira Coelho as Director 5.6

Against For Elect Ken Yasuhara as Director 5.7

Voter Rationale: Lacks board experience

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Manuel Lino Silva de Sousa Oliveira (Ollie Oliveira) as Independent Director

5.8

For For Elect Maria Fernanda dos Santos Teixeira as Independent Director

5.9

For For Elect Murilo Cesar Lemos dos Santos Passos as Independent Director

5.10

For For Elect Roger Allan Downey as Independent Director

5.11

For For Elect Sandra Maria Guerra de Azevedo as Independent Director

5.12

Abstain None Elect Marcelo Gasparino da Silva as Independent Director Appointed by Shareholders

5.13

Voter Rationale: Lack of rationale provided.

Abstain None Elect Mauro Gentile Rodrigues da Cunha as Independent Director Appointed by Shareholders

5.14

Voter Rationale: Lack of rationale provided

For None Elect Rachel de Oliveira Maia as Independent Director Appointed by Shareholders

5.15

For None Elect Roberto da Cunha Castello Branco as Independent Director Appointed by Shareholders

5.16


6

Voter Rationale: Cumulative voting split below

For None Percentage of Votes to Be Assigned - Elect Jose Luciano Duarte Penido as Independent Director

7.1

For None Percentage of Votes to Be Assigned - Elect Fernando Jorge Buso Gomes as Director

7.2

For None Percentage of Votes to Be Assigned - Elect Clinton James Dines as Independent Director

7.3

For None Percentage of Votes to Be Assigned - Elect Eduardo de Oliveira Rodrigues Filho as Director

7.4

For None Percentage of Votes to Be Assigned - Elect Elaine Dorward-King as Independent Director

7.5

For None Percentage of Votes to Be Assigned - Elect Jose Mauricio Pereira Coelho as Director

7.6

Abstain None Percentage of Votes to Be Assigned - Elect Ken Yasuhara as Director

7.7

Voter Rationale: Cumulative voting

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

For None Percentage of Votes to Be Assigned - Elect Manuel Lino Silva de Sousa Oliveira (Ollie Oliveira) as Independent Director

7.8

For None Percentage of Votes to Be Assigned - Elect Maria Fernanda dos Santos Teixeira as Independent Director

7.9

For None Percentage of Votes to Be Assigned - Elect Murilo Cesar Lemos dos Santos Passos as Independent Director

7.10

For None Percentage of Votes to Be Assigned - Elect Roger Allan Downey as Independent Director

7.11

For None Percentage of Votes to Be Assigned - Elect Sandra Maria Guerra de Azevedo as Independent Director

7.12

Abstain None Percentage of Votes to Be Assigned - Elect Marcelo Gasparino da Silva as Independent Director Appointed by Shareholders

7.13


Abstain None Percentage of Votes to Be Assigned - Elect Mauro Gentile Rodrigues da Cunha as Independent Director Appointed by Shareholders

7.14


For None Percentage of Votes to Be Assigned - Elect Rachel de Oliveira Maia as Independent Director Appointed by Shareholders

7.15

For None Percentage of Votes to Be Assigned - Elect Roberto da Cunha Castello Branco as Independent Director Appointed by Shareholders

7.16

For For Elect Jose Luciano Duarte Penido as Board Chairman

8

Abstain None Elect Roberto da Cunha Castello Branco as Board Chairman Appointed by Shareholders

9

For For Elect Fernando Jorge Buso Gomes as Board Vice-Chairman

10

Abstain None Elect Mauro Gentile Rodrigues da Cunha as Board Vice-Chairman Appointed by Shareholders

11

Voter Rationale: Supported other candidates

For For Elect Cristina Fontes Doherty as Fiscal Council Member and Nelson de Menezes Filho as Alternate

12.1

For For Elect Marcus Vinicius Dias Severini as Fiscal Council Member and Vera Elias as Alternate

12.2

For For Elect Marcelo Moraes as Fiscal Council Member 12.3

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Raphael Manhaes Martins as Fiscal Council Member and Adriana de Andrade Sole as Alternate

12.4


13

Voter Rationale: Lack of transparency so unable to assess the full pay package

For For Amend Restricted Stock Plan 1

For For Approve Agreement to Absorb Companhia Paulista de Ferroligas (CPFL) and Valesul Aluminio S.A. (Valesul)

2


3


For For Approve Absorption of Companhia Paulista de Ferroligas (CPFL) and Valesul Aluminio S.A. (Valesul) without Capital Increase and without Issuance of Shares

5

For For Approve Agreement for Partial Spin-Off of Mineracoes Brasileiras Reunidas S.A. (MBR) and Absorption of Partial Spun-Off Assets

6


7


For For Approve Absorption of Spun-Off Assets without Capital Increase and without Issuance of Shares

9

Yangzijiang Shipbuilding (Holdings) Ltd. Meeting Date: 04/30/2021 Country: Singapore

Meeting Type: Annual Ticker: BS6

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Elect Ren Letian as Director 4

Vote Summary Report


Yangzijiang Shipbuilding (Holdings) Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Song Shuming as Director 5

For For Elect Toe Teow Heng as Director 6

For For Elect Chen Timothy Teck-Leng @ Chen Teck Leng as Director

7

Against For Approve Teo Yi-Dar (Zhang Yida) to Continue Office as Independent Director for the Purposes of Rule 210(5)(d)(iii)(A) of the SGX-ST

8

Against For Approve Teo Yi-Dar (Zhang Yida) to Continue Office as Independent Director for the Purposes of Rule 210(5)(d)(iii)(B) of the SGX-ST

9


10


11


ZhongAn Online P&C Insurance Co., Ltd. Meeting Date: 04/30/2021 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve 2020 Report of the Board of Directors For For


2

For For Approve 2020 Report of Auditors and Audited Financial Statements

3

For For Approve PricewaterhouseCoopers as International Auditors and PricewaterhouseCoopers Zhong Tian LLP as PRC Auditors and Authorize Board to Fix Their Remuneration

4

For For Elect Xing Jiang as Director 5

For For Approve 2020 Performance Evaluation of the Directors

6


7

Vote Summary Report


ZhongAn Online P&C Insurance Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Zions Bancorporation, N.A. Meeting Date: 04/30/2021 Country: USA

Meeting Type: Annual Ticker: ZION

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1A Elect Director Maria Contreras-Sweet For For

For For Elect Director Gary L. Crittenden 1B

For For Elect Director Suren K. Gupta 1C

For For Elect Director Claire A. Huang 1D

For For Elect Director Vivian S. Lee 1E

For For Elect Director Scott J. McLean 1F

For For Elect Director Edward F. Murphy 1G

For For Elect Director Stephen D. Quinn 1H

For For Elect Director Harris H. Simmons 1I

For For Elect Director Aaron B. Skonnard 1J

For For Elect Director Barbara A. Yastine 1K




3

Voter Rationale: LTI equity awards are entirely time-based.

Voting - April 2021 - Schroders

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Transcript of Voting - April 2021 - Schroders