environmental social governance sustainability · in the portfolio of the managed ucis, when this...
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SOCIAL
ENVIRONMENTAL
GOVERNANCE
SUSTAINABILITY
Report on the participationat shareholder meetings of companieswith securities under portfoliosof managed ucis
SECOND SEMESTER 2017
Eurizon’s Responsible World
PERIODIC REPORT 1 SECOND SEMESTER 2017
We VALUE the savings of our customers by creating and managing investment solutions that fi t their needs. We TRANSFORM the complexity of the fi nancial markets into opportunities. We COLLABORATE with companies that we invest in to promote respect for sustainable growth and high standards of governance.Trustworthiness, innovation and high-quality service are our defi ning features.
BELONGING: we work with pride and participation.INTEGRITY: we feel responsible for the trust of those who rely on us.EXCELLENCE: we target quality of results and on-going improvement.PASSION: we work with professionalism and involvement, combining head and heart.
OurMISSION
Our CorporateVALUES
We are committed to a culture that promotes the value of people, their aspirations, and savings at large: A FINANCIAL HUMANISM based on respect, accountability and awareness of one’s own qualities.
At Eurizon, shared values play a vital role. As an organisation and as individuals we are linked together by a goal, which is both ambitious and important: fuelling confi dence and building the future. We are proud to be part of a company whose mission is protecting and growing the assets of our clients
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OurVISION
Data by Assogestioni and processing by Eurizon
million euros of assets as of 31/12/2017
389million euros of assets as of 31/12/2017
389 20operating in
countries
Data by Assogestioni and processing by Eurizon
20operating in
countries
market share in Italy
1st
20operating in
market share in Italy
1st1st1
including Penghua Fund Management
PREMISES
The present report highlights the approach adopted by the Management Company during the second semester of 2017, for the exercise of participation and voting rights related to its “managed shareholdings”, in accordance with the “Strategy for the exercise of participation and voting rights attached to the fi nancial instruments held in the managed UCIs”.In accordance with the provisions stipulated by art. 35-decies of the Consolidated Law on Finance and art. 34 of the Joint Bank of Italy - CONSOB Regulation of 29 October 2007 as amended, Eurizon Capital SGR S.p.A. (hereinafter also the “SGR”) has adopted a set of procedures and measures aimed at:
MONITORING the company’s activities pertaining to the fi nancial instruments held in the portfolio of the managed UCIs, when this is required by the characteristics of the fi nancial instruments incorporating the rights to be exercised;;
DETERMINE when and how participation and voting rights may be exercised based on a cost-benefi t analysis that also take into account the objectives and investment policy of each managed UCI.
Within this scope, the SGR carries out ongoing monitoring of issuer companies’ relevant activities and undertakes – also following the adoption of the Italian Stewadship Principles for the exercise of administrative and voting rights in listed companies, defi ned by Assogestioni (the Italian Investment Management Association) – to adopt and apply the following strategy for the participation and voting rights attached to the fi nancial instruments held in the managed UCIs, in order to ensure that these rights are exercised to the exclusive benefi t of the UCIs’ investors.
Within this scope, the SGR carries out ongoing monitoring of issuer companies’ relevant activities and undertakes – also following the adoption of the Italian Stewadship Principles for the exercise of administrative and voting rights in listed companies, defi ned by Assogestioni (the Italian Investment Management Association) – to adopt and apply the following strategy for the participation and voting rights attached to the fi nancial instruments held in the managed UCIs, in order to ensure that these rights are exercised to the exclusive
On behalf of the managed portfolios, the SGR participates at the Shareholder Meetings of selected companies, taking into account the benefi ts for the managed portfolios resulting from such participation, as well as the opportunity to infl uence decisions regarding the shares with voting rights held by the SGR
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”DETERMINE
MONITORING
PARTECIPATE
CONTRIBUTE
2PERIODIC REPORT
As for the reasons that drive the decisions to exercise participation and voting rights at Shareholders Meetings, the SGR has identified the following quantitative and qualitative criteria:
PARTICIPATION at all shareholder meetings and interaction with the Board of Directors of those companies where the SGR holds a significant share capital, as identified from time to time within the internal procedures;
PARTICIPATION aat the shareholder meeting that are deemed relevant to the managed portfolios’ benefit in order to identify situations of particular interest, for the purpose of protecting and supporting the interests of minority shareholders;
CONTRIBUTION to the election of members of the members of the Board of Directors and Boards of Statutory Auditors, through the slate voting mechanism, representing minority shareholders;
PARTICIPATION at those shareholder meetings approving extraordinary transactions where such participation is needed to support or challenge the proposed transaction, in the interests of the managed portfolios.
The SGR is not bound by any shareholder voting or blocking agreements.
Regarding the modalities for the exercise of participation and voting rights in reference to specific Shareholder Meetings, the SGR may delegate this function to specialized third parties, providing explicit instructions for the exercise of such rights. In any case, the SGR does not delegate the exercise of voting rights attached to shares held in the managed portfolios to any Group companies or to their representatives, except in the case of another SGR and ensuring that the voting exercise performed by the delegated subject is in accordance with the interest of the UCIs investors and of its clients.
Within the exercise of its rights related to the selection and appointment of candidates to be elected for Board of Directors or Statutory Auditors of Italian listed companies, as part of the minority slates representing institutional investors, the SGR shall comply with the principles and criteria defined by the Committee for the Corporate Governance of Assogestioni, which sets forth the requirement for professionalism, honour and independence of the candidates as well as the conditions for non-eligibility and incompatibilities. In this regard, the SGR also makes reference to the Italian Corporate Governance Code for companies listed on the Italian Stock Exchange,and to international best practices.
3PERIODIC REPORT SECOND SEMESTER 2017
EURIZON RESPONSIBLEINVESTMENT
Eurizon Capital has for years been involved in formulating and promoting new rules and behaviors that put signifi cant focus on sustainable investment aspects.
As signatory to the Principles for Responsible Investment of the United Nations (UN-PRI) Eurizon Capital SGR pays special attention to policies implemented by the issuers in which it invests, in the belief that sound environmental, social and governance (ESG) policies and practices enable value creation for shareholders in the long term.
The PRI membership is a natural continuation of a process that begun already in 1996, when Eurizon was the fi rst operator in Italy to set up ethical funds applying clear and articulated criteria for selection, as well as a Sustainability Committee and the devolution of revenues.
In 2014, Eurizon Capital adopted the Italian Stewardship Principles for the exercise of administrative and voting rights in listed companies defi ned by Assogestioni. Within this context, Eurizon Capital SGR gives consideration to the importance of monitoring and engagement with issuer companies, and to the participation at shareholder meetings, adopting a thought and focused approach to corporate governance.
Eurizon Capital has recently updated its internal regulations in order to advance ESG integration into the investment decisional process, adopting methodologies for selecting fi nancial instruments that take into account ESG factors and SRI principles as an integral part of the investment process.
Specifi cally, Eurizon Capital has identifi ed the following three phases:
screening of issuers, aimed at identifying those most exposed to environmental, social or governance risks or those non-conforming to the principles of sustainable and responsible investment;
publication of the list of issuers with high exposure to ESG risks and issuers operating in sectors considered not socially responsible;
monitoring of the investments by the Compliance function.
“”Eurizon Capital has for years been involved in formulating and
promoting new rules and behaviors that put signifi cant focus on
As signatory to the Principles for Responsible Investment of the
it invests, in the belief that sound environmental, social and governance (ESG) policies and practices enable value creation for shareholders in the long term.
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3
4PERIODIC REPORT
Eurizon Capital has for years been involved in formulating and promoting new rules and behaviors that put signifi cant focus on sustainable investment aspects
SECOND SEMESTER 2017
ENGAGEMENT ACTIVITY
During the year 2017, the SGR has conducted around 700 engagements with investee companies, of which 20% had ESG as the main topic.
The SGR promotes proactive engagement with its investee companies and encourages proactive and effective communication with their management.
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Fig.1 Geographic breakdown of engagements Fig.2 Sector breakdown of engagements
5PERIODIC REPORT SECOND SEMESTER 2017
■ Europe
■ North America
■ Asia
■ Latin America
■ Russia
■ Australia
■ UK
■ Consumer discretionary
■ Consumer staples
■ Metals & mining
■ Energy
■ Financials
■ Healthcare
■ Industrials
■ Information technology
■ Materials
■ Real estate
■ Telecommunication services
■ Utilities
PARTICIPATION AT SHAREHOLDER MEETINGS DURING THE SECOND SEMESTER OF 2017
We herewith present the information related to the Shareholder Meetings at which the SGR participated during the second semester of 2017 on behalf of the managed UCIs. The information is split according to the quantitative and qualitative criteria established for the selection of companies for the exercise of participation and voting rights.
The SGR has exercised its voting rights inherent to the securities present in the portfolio of the managed UCIs in the sole interest of the beneficiaries, participating by proxy through the Trevisan & Associates Law Firm or by using a proxy platform specialized in electronic voting.
The list of the Shareholder Meetings in which the Eurizon Capital intervened on behalf of managed UCIs in the second semester of 2017 is outlined below, divided according to the quantitative and qualitative criteria that guided the decision to exercising the rights of participation and voting.
For disclosure purposes, the enclosed annex outlines summary information concerning individual meetings, including the following aspects:
Type of meeting; Meeting agenda; SGR voting instructions; Voting outcome.
During the second semester of 2017, the SGR participated at 68 company Shareholder Meetings, upon communication to the Independent Directors Committee.
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6PERIODIC REPORT SECOND SEMESTER 2017
1. Participation at shareholder meetings and interaction with the board ofdirectorsofcompanieswheretheSGRheldasignificantsharecapital, asidentifiedfromtimetotimewithintheinternalprocedures
During the second semester of 2017, Eurizon Capital participated at 18 Shareholder Meetings of companies listed on the Italian Stock Exchange and on foreign exchanges that were deemed relevant to the managed portfolios’ benefit, in support of minority shareholder interests.
7PERIODIC REPORT SECOND SEMESTER 2017
2. Participation at shareholder meetings deemed relevant to the managed portfolios’benefitinordertoidentifysituationsofparticularinterest,forthe purposeofprotectingandsupportingtheinterestsofminorityshareholders
During the second semester of 2017, Eurizon Capital participated at 18 Shareholder Meetings of companies listed on the Italian Stock Exchange and on foreign exchanges that were deemed relevant to the managed portfolios’ benefit, in support of minority shareholder interests.
8PERIODIC REPORT SECOND SEMESTER 2017
3.Contributiontotheelectionofmembersoftheboardofdirectorsandboards ofstatutoryauditors,throughtheslatevotingmechanism,representing minorityshareholders
Eurizon Capital participated at the following 2 Shareholder Meetings at companies listed on the Italian Stock Exchange with the aim of contributing to the election of members of the Board of Directors and Boards of Statutory Auditors through the slate voting mechanism representing minority shareholders :
For the above 2 companies, together with other Assogestioni-associated SGRs and foreign institutional investors, the SGR presented the slates for the election of administrative and/or supervisory bodies, contributing to the election of 2 members of Board of Directors, 2 effective Statutory Auditors and 2 alternate Statutory Auditors.
It should be noted that the the elections are concentrated in the first semester of the year during the renewal season of the Boards of Directors and the Boards of Statutory Auditors.
4.Participationatshareholdermeetingsapprovingextraordinarytransactions wheresuchparticipationwasneededtosupportorchallengetheproposed transaction,intheinterestsofthemanagedportfolios
The SGR has participated, on behalf of managed portfolios, at 3 Shareholder Meetings of companies listed on the Italian Stock Exchange and on foreign exchanges, called to approve certain extraordinary transactions:
Annex
Details of Shareholder Meetingsfor the second semester of 2017
9PERIODIC REPORT SECOND SEMESTER 2017
PERIODIC REPORT 10 SECOND SEMESTER 2017
1. Participation at shareholder meetings and interaction with the board of
directors of companies where Eurizon Capital held a significant share
capital, as identified from time to time within the internal procedures
COMPANY PRIMARY
LISTING
MEETING
DATE
MEETING
TYPE PROXY
Atos SE NYSE Euronext
Paris 24/07/2017 Extraordinary Electronic Platform
SUMMARY OF RESOLUTIONS – ORDINARY
PART EC SGR VOTE
MEETING
RESULTS
1. Authorization given to the Board of Directors to allot free shares to the employees and executive officers of the Company and/or its affiliated
companies
For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Azioni Area Euro
Eurizon Azioni Tecnologie Avanzate
Eurizon Azioni Europa
Eurizon Azioni Internazionali
Eurizon Azioni PMI Europa
Eurizon Cedola Attiva Top Aprile 2021
Eurizon Cedola Attiva Top Aprile 2022
Eurizon Cedola Attiva Top Aprile 2023
Eurizon Cedola Attiva Top Dicembre 2020
Eurizon Cedola Attiva Top Dicembre 2021
Eurizon Cedola Attiva Top Giugno 2020
Eurizon Cedola Attiva Top Giugno 2022
Eurizon Cedola Attiva Top Giugno 2023
Eurizon Cedola Attiva Top Luglio 2020
Eurizon Cedola Attiva Top Luglio 2021
Eurizon Cedola Attiva Top Maggio 2020
Eurizon Cedola Attiva Top Maggio 2021
Eurizon Cedola Attiva Top Maggio 2022
Eurizon Cedola Attiva Top Maggio 2023
Eurizon Cedola Attiva Top Novembre 2022
Eurizon Cedola Attiva Top Ottobre 2020
Eurizon Cedola Attiva Top Ottobre 2021
Eurizon Cedola Attiva Top Ottobre 2022
Eurizon Cedola Attiva Top Ottobre 2023
Eurizon Disciplina Attiva Dicembre 2021
Eurizon Disciplina Attiva Ottobre 2021
Eurizon Disciplina Attiva Marzo 2022
Eurizon Disciplina Attiva Maggio 2022
PERIODIC REPORT 11 SECOND SEMESTER 2017
Eurizon Flessibile Azionario Dicembre 2023
Eurizon Flessibile Azionario Marzo 2024
Eurizon Flessibile Azionario Marzo 2022
Eurizon Flessibile Azionario Maggio 2024
Eurizon Multiasset Reddito Aprile 2020
Eurizon Multiasset Reddito Aprile 2021
Eurizon Multiasset Reddito Dicembre 2019
Eurizon Multiasset Reddito Dicembre 2021
Eurizon Multiasset Reddito Giugno 2020
Eurizon Multiasset Reddito Giugno 2021
Eurizon Multiasset Reddito Maggio 2020
Eurizon Multiasset Reddito Maggio 2021
Eurizon Multiasset Reddito Maggio 2022
Eurizon Multiasset Reddito Novembre 2020
Eurizon Multiasset Reddito Ottobre 2019
Eurizon Multiasset Reddito Ottobre 2020
Eurizon Multiasset Reddito Ottobre 2021
Eurizon Multiasset Strategia Flessibile Giugno 2023
Eurizon Multiasset Strategia Flessibile Maggio 2023
Eurizon Multiasset Strategia Flessibile Ottobre 2023
Eurizon Rendita
PERIODIC REPORT 12 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE MEETING TYPE PROXY
Anima Holding S.p.A.
Borsa Italiana Electronic Share Market
15/12/2017 Ordinary and Extraordinary
Trevisan & Associates Law Firm
SUMMARY OF RESOLUTIONS –ORDINARY
PART EC SGR VOTE
MEETING
RESULTS
1. Approve Capital Increase with Preemptive Rights
No vote Approved
SUMMARY OF RESOLUTIONS –
EXTRAORDINARY PART EC SGR VOTE MEETING RESULTS
1. Elect Antonio Colombi as Director For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Progetto Italia 70
Eurizon Progetto Italia 40
Eurizon Progetto Italia 20
Eurizon PIR Italia Azioni
Eurizon Azioni Italia
Eurizon Azioni Pmi Italia
Eurizon PIR Italia 30
PERIODIC REPORT 13 SECOND SEMESTER 2017
2. Participation at shareholder meetings deemed relevant to the managed
portfolios’ benefit in order to identify situations of particular interest, for
the purpose of protecting and supporting the interests of minority
shareholders
COMPANY PRIMARY
LISTING
MEETING
DATE MEETING TYPE PROXY
NetApp Inc. NASDAQ 14/09/2017 Ordinary Electronic Platform
SUMMARY OF RESOLUTIONS – ORDINARY
PART EC SGR VOTE
MEETING
RESULTS
1a. Elect Director T. Michael Nevens For Approved
1b. Elect Director Alan L. Earhart For Approved
1c. Elect Director Gerald Held For Approved
1d. Elect Director Kathryn M. Hill For Approved
1e. Elect Director George Kurian For Approved
1f. Elect Director George T. Shaheen For Approved
1g. Elect Director Stephen M. Smith For Approved
1h. Elect Director Richard P. Wallace For Approved
2. Amend Omnibus Stock Plan For Approved
3. Amend Qualified Employee Stock Purchase Plan For Approved
4. Advisory Vote to Ratify Named Executive Officer’s Compensation
For Approved
5. Advisory Vote on Say Frequency For Approved
6. Ratify Deloitte & Touche LLP as Auditors For Approved
SUMMARY OF RESOLUTIONS –
EXTRAORDINARY PART EC SGR VOTE
MEETING
RESULTS 7. Adopt Policy to Annually Disclose EEO-1 Data For Not Approved
8. Adopt Proxy Access Right For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Azionario Internazionale Etico
Eurizon Azioni Internazionali
Eurizon Azioni Tecnologie Avanzate
Eurizon Focus Azioni America
PERIODIC REPORT 14 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE MEETING TYPE PROXY
Alibaba Group Holding Limited
New York Stock Exchange
18/10/2017 Ordinary Electronic Platform
SUMMARY OF RESOLUTIONS – ORDINARY
PART EC SGR VOTE
MEETING
RESULTS
1. Elect Jack Yun Ma as Director Against Approved
1.2 Elect Masayoshi Son as Director Against Approved
1.3 Elect Walter Teh Ming Kwauk as Director For Approved
2. Ratify PricewaterhouseCoopers as Auditors For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Azioni Paesi Emergenti
PERIODIC REPORT 15 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE MEETING TYPE PROXY
Koninklijke Philips NV
NYSE Euronext
Amsterdam
20/10/2017 Extraordinary Electronic Platform
SUMMARY OF RESOLUTIONS – ORDINARY
PART EC SGR VOTE MEETING RESULT
1. Elect M.J. van Ginneken to Management Board
For Approved
2. Amend Article 10 Re: Setting the Required Minimum Number of Members of the Board of
Management
For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Azioni Europa
Eurizon Diversificato Etico
Eurizon Azioni Salute
Eurizon Azioni Internazionali
Eurizon Azioni Area Euro
PERIODIC REPORT 16 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE MEETING TYPE PROXY
Lam Research
Corporation NASDAQ 08/11/2017 Ordinary
Electronic
Platform
SUMMARY OF RESOLUTIONS – ORDINARY PART EC SGR VOTE MEETING
RESULT
1. Elect Director Martin B. Anstice For Approved
1.2. Elect Director Eric K. Brandt For Approved
1.3 Elect Director Michael R. Cannon For Approved
1.4 Elect Director Youssef A. El-Mansy For Approved
1.5 Elect Director Christine A. Heckart For Approved
1.6 Elect Director Young Bum (YB) Koh For Approved
1.7 Elect Director Catherine P. Lego For Approved
1.8 Elect Director Stephen G. Newberry For Approved
1.9 Elect Director Abhijit Y. Talwalkar For Approved
1.10 Elect Director Lih Shyng (Rick L.) Tsai For Approved
2. Advisory Vote to Ratify Named Executive Officers’ Compensation
For Approved
3. Advisory Vote on Say on Pay Frequency For Approved
4. Ratify Ernst & Young LLP as Auditors For Approved
Shareholder Proposals
5. Adopt Policy to Annually Disclose EEO-1 Data For Not Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Flessibile Azionario Marzo 2024
Eurizon Flessibile Azionario Maggio 2024
Eurizon Flessibile Azionario Luglio 2024
Eurizon ESG Target 40 - Giugno 2022
Eurizon Flessibile Azionario Dicembre 2023
PERIODIC REPORT 17 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE
MEETING
TYPE PROXY
Medtronic plc NYSE 08/12/2017 Ordinary Electronic Platform
SUMMARY OF RESOLUTIONS – ORDINARY
PART EC SGR VOTE
MEETING
RESULT
1a. Elect Director Richard H. Anderson For Approved
1b. Elect Director Craig Arnold For Approved
1c. Elect Director Scott C. Donnelly For Approved
1d. Elect Director Randall J. Hogan, III For Approved
1e. Elect Director Omar Ishrak For Approved
1f. Elect Director Shirley Ann Jackson For Approved
1g. Elect Director Michael O. Leavitt For Approved
1h. Elect Director James T. Lenehan For Approved
1i. Elect Director Elizabeth G. Nabel For Approved
1j. Elect Director Denise M. O'Leary For Approved
1k. Elect Director Kendall J. Powell For Approved
1l. Elect Director Robert C. Pozen For Approved
2. Approve PricewaterhouseCoopers LLP as Auditors and Authorize Audit Committee to Fix Their Remuneration
For Approved
3. Advisory Vote to Ratify Named Executive Officers' Compensation
For Approved
4. Amend Omnibus Stock Plan For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Azioni America
Eurizon Azioni Salute
Eurizon Azionario Internazionali
PERIODIC REPORT 18 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE MEETING TYPE PROXY
Tatneft PJSC MICEX Stock Exchange
12/12/2017 Extraordinary Electronic Platform
SUMMARY OF RESOLUTIONS –
ORDINARY PART EC SGR VOTE
MEETING
RESULTS
1. Approve Interim Dividends for First Nine Months of Fiscal 2017
For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Azioni Paesi Emergenti
PERIODIC REPORT 19 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE
MEETING
TYPE PROXY
Thor Industries Inc
NYSE 12/12/2017 Ordinary Electronic Platform
SUMMARY OF RESOLUTIONS – ORDINARY PART EC SGR
VOTE
MEETING
RESULTS
1. 1 Elect Director Jan H. Suwinski For Approved
1.2 Elect Director J. Allen Kosowsky For Approved
1.3 Elect Director Wilson Jones For Approved
2. Ratify Deloitte & Touche LLP as Auditors For Approved
3. Advisory Vote to Ratify Named Executive Officers’ Compensation
For Approved
4. Advisory Vote on Say on Pay Frequency For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Azioni Pmi America
PERIODIC REPORT 20 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE
MEETING
TYPE PROXY
China Oilfield
Services Ltd
Hong Kong Exchanges and Clearing Ltd
13/12/2017 Extraordinary Electronic Platform
SUMMARY OF RESOLUTIONS –
ORDINARY PART EC SGR VOTE
MEETING
RESULTS
1. Elect Liu Yifeng as Director For Approved
2. Elect Meng Jun as Director For Approved
3. Amend Articles of Association For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Paesi Emergenti
PERIODIC REPORT 21 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE MEETING TYPE PROXY
Astaldi S.p.A. Borsa Italiana Electronic Share Market
15/12/2017 Extraordinary Trevisan & Associates Law Firm
SUMMARY OF RESOLUTIONS – ORDINARY
PART EC SGR VOTE
MEETING
RESULTS
1. Approve Capital Increase without Preemptive Rights to Service the Issuance of Bonds
"Equity Linked"
For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Progetto Italia 70
Eurizon Progetto Italia 40
Eurizon PIR Italia Azioni
Eurizon PIR Italia 30
Eurizon Azioni PMI Italia
Eurizon Progetto Italia 20
PERIODIC REPORT 22 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE MEETING TYPE PROXY
Cisco Systems Inc.
NASDAQ 15/12/2017 Ordinary Electronic Platform
SUMMARY OF RESOLUTIONS – ORDINARY
PART EC SGR VOTE
MEETING
RESULTS
1a. Elect Director Carol A. Bartz For Approved
1b. Elect Director M. Michele Burns For Approved
1c. Elect Director Michael D. Capellas For Approved
1d. Elect Director Amy L. Chang For Approved
1e. Elect Director John L. Hennessy For Approved
1f. Elect Director Kristina M. Johnson For Approved
1g. Elect Director Roderick C. McGeary For Approved
1h. Elect Director Charles H. Robbins For Approved
1i. Elect Director Arun Sarin For Approved
1j. Elect Director Brenton L. Saunders For Approved
1k. Elect Director Steven M. West For Approved
2. Amend Omnibus Stock Plan For Approved
3. Amend Executive Incentive Bonus Plan For Approved
4. Advisory Vote to Ratify Named Executive Officers' Compensation
For Approved
5. Advisory Vote on Say on Pay Frequency For Approved
6. Ratify PricewaterhouseCoopers LLP as Auditors For Approved
Shareholder Proposals
7. Report on Lobbying Payments and Policy For Not Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Cedola Attiva Top Maggio 2023
Eurizon Multiasset Reddito Aprile 2020
Eurizon Diversificato Etico
Eurizon Multiasset Reddito Maggio 2022
Eurizon Cedola Attiva Top Giugno 2020
Eurizon Multiasset Reddito Marzo 2022
Eurizon Income Multistrategy Marzo 2022
Eurizon Azioni Internazionali
Eurizon Multiasset Reddito Ottobre 2020
Eurizon Disciplina Attiva Settembre 2022
Eurizon Multiasset Strategia Flessibile Maggio 2023
Eurizon Multiasset Reddito maggio 2021
Eurizon Azioni Tecnologie Avanzate
Eurizon Multiasset Reddito Dicembre 2021
Eurizon Multiasset Reddito Ottobre 2021
Eurizon Flessibile Azionario Luglio 2024
PERIODIC REPORT 23 SECOND SEMESTER 2017
Eurizon Cedola Attiva Top Dicembre 2020
Eurizon Cedola Attiva Top Ottobre 2023
Eurizon Cedola Attiva Top Maggio 2020
Eurizon Cedola Attiva Top Maggio 2022
Eurizon Disciplina Attiva Maggio 2022
Eurizon Cedola Attiva Top Luglio 2021
Eurizon Disciplina Attiva Ottobre 2021
Eurizon Disciplina Attiva Luglio 2022
PERIODIC REPORT 24 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE MEETING TYPE PROXY
Mediaset S.p.A. Borsa Italiana 15/12/2017 Ordinary Trevisan & Associates Law Firm
SUMMARY OF RESOLUTIONS – ORDINARY
PART EC SGR VOTE
MEETING
RESULTS
Management Proposals
1. Amend Articles Re: 17 (Board-Related) Against Approved
2. Amend Company Bylaws Re: Identification of
Shareholders For Approved
3. Amend Articles 19, 21, 22, 24, and 28 of the Company Bylaws
Against Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Progetto Italia 70
Eurizon Progetto Italia 40
Eurizon Azioni Italia
Eurizon PIR Italia Azioni
PERIODIC REPORT 25 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE MEETING TYPE PROXY
SIT S.p.A. AIM Borsa Italiana
18/12/2017 Ordinary Electronic Platform
SUMMARY OF RESOLUTIONS – ORDINARY
PART EC SGR VOTE
MEETING
RESULTS
Management Proposals
1. Approve Financial Statements, Statutory Reports, and Allocation of Income of Industrial Stars of Italy 2 SpA
For Approved
2. Approve Listing of Ordinary Shares and Warrants on "Mercato Telematico Azionario"
For Approved
SUMMARY OF RESOLUTIONS –
EXTRAORDINARY PART EC SGR VOTE
MEETING
RESULTS
Shareholder Proposals
3. Adopt New Articles of Association For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Progetto Italia 70
PERIODIC REPORT 26 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE
MEETING
TYPE PROXY
Davide Campari S.p.A.
Borsa Italiana Electronic Share Market
19/12/2017 Extraordinary Electronic Platform
SUMMARY OF RESOLUTIONS – ORDINARY
PART EC SGR VOTE
MEETING
RESULTS
Management Proposals
1. Approve Auditors and Authorize Board to Fix Their
Remuneration For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Progetto Italia 70
Eurizon Progetto Italia 40
Eurizon PIR Italia Azioni
Eurizon Azioni Pmi Europa
Eurizon Azioni Italia
PERIODIC REPORT 27 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE MEETING TYPE PROXY
Vale S.A.
BM and F Bovespa SA Bolsa De Valores Mercadorias e
Futuros
21/12/2017 Extraordinary Electronic Platform
SUMMARY OF RESOLUTIONS – ORDINARY
PART EC SGR VOTE
MEETING
RESULTS
1. Approve Listing of Company Shares in Novo Mercado Segment of the Sao Paulo Stock Exchange
For Approved
2. Amend Articles For Approved
3. Approve Agreement to Absorb Balderton Trading Corp. (Balderton)
For Approved
4. Approve Agreement to Absorb Fortlee Investments Ltd (Fortlee)
For Approved
5. Approve Agreement for Partial Spin-Off of Empreendimentos Brasileiros de Mineracao S.A. (EBM)
and Absorption of Spun-Off Assets
For Approved
6. Ratify Premiumbravo Auditores Independentes as
the Independent Firm to Appraise Proposed Transactions
For Approved
7. Approve Independent Firm's Appraisal on Balderton Trading Corp. (Balderton)
For Approved
8. Approve Independent Firm's Appraisal on Fortlee Investments Ltd (Fortlee)
For Approved
9. Approve Independent Firm's Appraisal on Empreendimentos Brasileiros de Mineracao S.A. (EBM)
For Approved
10. Approve Absorption of Balderton Trading Corp. (Balderton)
For Approved
11. Approve Absorption of Fortlee Investments Ltd (Fortlee)
For Approved
12. Approve Partial Spin-Off of Empreendimentos Brasileiros de Mineracao S.A. (EBM)
For Approved
13. Ratify Election of Toshiya Asahi as Director and
Gilmar Dalilo Cezar Wanderley as Alternate For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Azioni Paesi Emergenti
PERIODIC REPORT 28 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE MEETING TYPE PROXY
China Pacific Insurance
(Group) Co., Ltd
Shanghai Stock
Exchange 27/12/2017 Extraordinary
Electronic
Platform
SUMMARY OF RESOLUTIONS – ORDINARY
PART EC SGR VOTE
MEETING
RESULTS
1. Elect He Qing as Director For Approved
2. Amend Articles of Association For Approved
3. Amend Procedural Rules Regarding General Meetings of Shareholders
For Approved
4. Approve Amendments to the Procedural Rules of the Board
For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Azioni Paesi Emergenti
PERIODIC REPORT 29 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE MEETING TYPE PROXY
China Communication Services
Hong Kong Exchanges and Clearing Ltd
28/12/2017 Ordinary Electronic
Platform
SUMMARY OF RESOLUTIONS – ORDINARY
PART EC SGR VOTE
MEETING
RESULTS
1. Approve Amendments to Articles of Association Against Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Azioni Paesi Emergenti
PERIODIC REPORT 30 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE MEETING TYPE PROXY
The People’s Insurance
Company of China
Hong Kong Exchange and
Clearing Ltd 29/01/2017 Extraordinary
Electronic
Platform
SUMMARY OF RESOLUTIONS – ORDINARY
PART EC SGR VOTE
MEETING
RESULTS
Management Proposals
1.Approve Remuneration Settlement Scheme of Directors and Supervisors for 2016
For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Azioni Paesi Emergenti
PERIODIC REPORT 31 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE MEETING TYPE PROXY
Sino-Ocean Group Holding Limited
Hong Kong
Exchanges and Clearing Ltd
30/12/2017 Ordinary Electronic Platform
SUMMARY OF RESOLUTIONS – ORDINARY
PART EC SGR VOTE
MEETING RESULTS
1. Adopt New Share Option Scheme and Related Transactions
For Withdrawal
2. Approve Grant of 756 Million Share Options Under the New Share Option Scheme
For Withdrawal
3. Approve Grant of 378 Million Share Options Under the New Share Option Scheme
For Withdrawal
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Azioni Paesi Emergenti
PERIODIC REPORT 32 SECOND SEMESTER 2017
3. Contribution to the election of members of the board of directors and
boards of statutory auditors, through the slate voting mechanism,
representing minority shareholders
COMPANY PRIMARY
LISTING
MEETING
DATE
MEETING
TYPE PROXY
Mediobanca S.p.A.
Borsa Italiana 28/10/2017 Ordinary Trevisan & Associates Law Firm
SUMMARY OF RESOLUTIONS –
ORDINARY PART EC SGR VOTE
MEETING RESULTS /
CANDIDATES ELECTED
BY INSTITUTIONAL INVESTORS
1. Approve Financial Statements, Statutory
Reports, and Allocation of Income For Approved
Shareholder Proposal Submitted by Unicredit SpA
2.a Approve Number of Directors For Approved
Appoint Directors
1. b.1 Slate 1 Submitted by Unicredit SpA For Assogestioni
slate
Approved
2.b.2 Slate 2 Submitted by Institutional
Investors (Assogestioni)
Angela Gamba
Alberto Lupoi
Shareholder Proposal Submitted by Unicredit SpA
2.c Approve Remuneration of Directors For Approved
Appoint Internal Statutory Auditors
3.a.1 Slate 1 Submitted by Unicredit SpA For Assogestioni slate
Natale Freddi
Stefano Sarubbi 3.a.2 Slate 2 Submitted by Institutional
Investors (Assogestioni)
Shareholder Proposal Submitted by Unicredit SpA
3.b Approve Internal Auditors' Remuneration For Approved
4.a Approve Remuneration Policy For Approved
4.b Approve Fixed-Variable Compensation Ratio For Approved
4.c Approve Severance Payments Policy For Approved
5. Approve Remuneration of Auditors For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon PIR Italia Azioni
Eurizon Azioni Italia
Eurizon Progetto Italia 40
Eurizon Progetto Italia 70
Eurizon Rendita
PERIODIC REPORT 33 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE
MEETING
TYPE PROXY
Unicredit
S.p.A. Borsa Italiana 4/12/2017
Ordinary and
Extraordinary
Trevisan & Associates Law
Firm
SUMMARY OF RESOLUTIONS –
ORDINARY PART EC SGR VOTE
MEETING RESULTS /
CANDIDATES ELECTED
BY INSTITUTIONAL INVESTORS
Ordinary Business
1.a.1 Proposal Submitted by Allianz Finance II Luxembourg Sarl: Appoint Guido Paolucci as Internal Statutory Auditor
For Approved
1.a.2 Proposal Submitted by Institutional
Investors (Assogestioni): Appoint Antonella Bientinesi as Internal Statutory Auditor
For Assogestioni slate
1. Antonella Bienintesi (Chairman)
2. Antonio Mele (SS)
1.a.3 Proposal Submitted by Pierluigi Carollo: Appoint Pierluigi Carollo as Internal Statutory Auditor
Against Not Approved
1.b.1 Proposal Submitted by Allianz Finance II
Luxembourg Sarl: Appoint Raffaella Pagani as Alternate Internal Statutory Auditor
For Approved
1.b.2 Proposal Submitted by Institutional Investors (Assogestioni): Appoint Myriam Amato as Alternate Internal Statutory Auditor
For Approved
Extraordinary Business
1.Amend Articles Re: 20 and 24 (Board-Related)
For
Approved
2. Amend Articles Re: 5, 15, and 17 (Voting
Cap) For
Approved
3. Approve Conversion of Saving Shares into
Ordinary Shares For Approved
4. Approve Change in the Location of the
Company's Registered Headquarters To Milan For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Rendita
Eurizon Progetto Italia 70
Eurizon Progetto Italia 40
Eurizon Progetto Italia 40
Eurizon Azioni Italia
Eurizon Progetto Italia 70
Eurizon Azioni Finanza
Eurizon Azioni Area Euro
Eurizon Azionario Internazionale Etico
Eurizon Azioni Internazionali
Eurizon PIR Italia Azioni
Eurizon Azioni Europa
PERIODIC REPORT 34 SECOND SEMESTER 2017
4. Participation at shareholder meetings approving extraordinary
transactions where such participation was needed to support or
challenge the proposed transaction, in the interests of the managed
portfolios
COMPANY PRIMARY
LISTING
MEETING
DATE
MEETING
TYPE PROXY
British American Tobacco
London Stock Exchange
19/07/2017 Extraordinary Electronic Platform
SUMMARY OF RESOLUTIONS –
EXTRAORDINARY PART EC SGR VOTE
MEETING
RESULTS
1. Approve Matters Relating to the Acquisition of the Remaining Common Stock of Reynolds American Inc.
For
Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Azioni Europa
Eurizon Azioni Internazionali
PERIODIC REPORT 35 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE MEETING TYPE PROXY
Space3
S.p.A. Borsa Italiana 27/07/2017
Ordinary and
Extraordinary
Trevisan & Associates Law Firm
SUMMARY OF RESOLUTIONS –
EC SGR VOTE MEETING RESULTS
1. Approve Relevant Transaction with Aquafil SpA
For Approved
EXTRAORDINARY PART 2. Approve Merger by Incorporation of Aquafil
SpA For Approved
ORDINARY PART
3. Approve Listing of Ordinary Shares and "Market Warrant Space3 SpA" on "Mercato Telematico Azionario"
For Approved
EXTRAORDINARY PART
4. Approve Delisting of Ordinary Shares and "Market Warrant Space3 SpA" from
"Mercato Telematico degli Investment Vehicles" (MIV)
For Approved
ORDINARY PART
5. Slate Submitted by Management For Approved
6. Approve Discharge of Resigning Directors For Approved
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Azioni Italia
PERIODIC REPORT 36 SECOND SEMESTER 2017
COMPANY PRIMARY
LISTING
MEETING
DATE MEETING TYPE PROXY
Bankia SA Bolsa De
Madrid 14/09/2017 Extraordinary
Electronic
Platform
SUMMARY OF RESOLUTIONS –
EXTRAORDINARY PART EC SGR VOTE MEETING RESULTS
1. Approve Acquisition of Banco Mare Nostrum,
S.A. by Bankia, S.A. For Approved
2.1 Fix Number of Directors at 12 For Approved
2.2 Elect Carlos Egea Krauel as Director For Approved
3. Authorize Board to Ratify and Execute Approved Resolution
For Approved
4. Receive Information on Amendments to Board
of Directors Regulations Re: Merger of Bankia SA and Banco Mare Nostrum SA
- -
PORTFOLIOS INSTRUCTED FOR VOTING
Eurizon Azioni Europa
Eurizon Azioni Finanza
Eurizon Azioni Internazionali
Eurizon Azionario Internazionale Etico
Eurizon Azioni Area Euro