vote summary report€¦ · 1.5 elect director paul jacobi for against ... 1a elect director david...

Voting July 2020

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: 07/01/2020 to 07/31/2020

Engie EPS SA Meeting Date: 07/01/2020 Country: France

Meeting Type: Annual/Special Ticker: EPS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Financial Statements and Discharge Directors

1

For For Approve Consolidated Financial Statements and Statutory Reports

2

For For Approve Treatment of Losses 3

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

4

For For Approve Non-Deductible Expenses 5

For For Approve Remuneration of Directors in the Aggregate Amount of EUR 120,000

6

For For Ratify Appointment of Alice Tagger as Director 7

For For Acknowledge End of Mandate of Cristina Tomassini as Director and Decision Not to Renew

8

For For Acknowledge End of Mandate of Csilla Kohalmi-Monfils as Director and Decision Not to Renew

9

For For Reelect Massimo Prelz Oltramonti as Director 10

For For Acknowledge Resignation of Jean Rappe as Director

11

For For Elect Carly Wishart as Director 12

For For Elect Mireille Van Staeyen as Director 13

For For Elect Luigi Michias Director 14

For For Approve Remuneration Policy of Corporate Officers

15

For For Approve Remuneration Policy of Chairman of the Board

16

Against For Approve Remuneration Policy of CEO 17

Voter Rationale: No performance conditions or cap attached to the LTIP.

Blended Rationale: No performance conditions or cap attached to the LTIP.

For For Approve Remuneration Policy of Directors 18

For For Approve Compensation of Corporate Officers 19

Vote Summary Report


Engie EPS SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Compensation of CEO 20

Voter Rationale: Lack of disclosure around long term remuneration.

Blended Rationale: Lack of disclosure around long term remuneration.

For For Appoint Deloitte & Associes as Auditor 21

For For Change Location of Registered Office to 28 rue de Londres, 75009 Paris and Amend Article 4 of Bylaws Accordingly

22

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

23

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

24

For For Authorize Filing of Required Documents/Other Formalities

25

Grupo Aeroportuario del Pacifico SAB de CV Meeting Date: 07/01/2020 Country: Mexico

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 5.25 Billion

4

For For Cancel Pending Amount of MXN 1.55 Billion of Share Repurchase Approved at AGM on April 23, 2019; Set Share Repurchase Maximum Amount of MXN 1.55 Billion

5

For 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 2019 and 2020

10

Vote Summary Report


Grupo Aeroportuario del Pacifico SAB de CV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For 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

For For Authorize Board to Ratify and Execute Approved Resolutions

14

Grupo Aeroportuario del Pacifico SAB de CV Meeting Date: 07/01/2020 Country: Mexico

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 5.25 Billion

4

For For Cancel Pending Amount of MXN 1.55 Billion of Share Repurchase Approved at AGM on April 23, 2019; Set Share Repurchase Maximum Amount of MXN 1.55 Billion

5

For 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 2019 and 2020

10

For 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

Vote Summary Report


YELP INC. Meeting Date: 07/01/2020 Country: USA

Meeting Type: Annual Ticker: YELP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Diane M. Irvine For For

For For Elect Director Christine Barone 1.2

For For Ratify Deloitte & Touche LLP as Auditors 2

Against For Advisory Vote to Ratify Named Executive Officers' Compensation

3

Blended Rationale: The minimum vesting period is less than three years.

For For Declassify the Board of Directors 4

Dino Polska SA Meeting Date: 07/02/2020 Country: Poland

Meeting Type: Annual Ticker: DNP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Elect Meeting Chairman For For

For For Approve Agenda of Meeting 4

For For Approve Management Board Report on Company's Operations

8.1

For For Approve Financial Statements 8.2

For For Approve Allocation of Income and Omission of Dividends

9

For For Approve Management Board Report on Group's Operations

10.1

For For Approve Consolidated Financial Statements 10.2

For For Approve Discharge of Szymon Piduch (CEO) 11.1

For For Approve Discharge of Michal Krauze (Management Board Member)

11.2

For For Approve Discharge of Michal Muskala (Management Board Member)

11.3

For For Approve Discharge of Jakub Macuga (Management Board Member)

11.4

Vote Summary Report


Dino Polska SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discharge of Tomasz Biernacki (Supervisory Board Chairman)

12.1

For For Approve Discharge of Eryk Bajer (Supervisory Board Member)

12.2

For For Approve Discharge of Slawomir Jakszuk (Supervisory Board Member)

12.3

For For Approve Discharge of Piotr Nowjalis (Supervisory Board Member)

12.4

For For Approve Discharge of Maciej Polanowski (Supervisory Board Member)

12.5

For None Elect Szymon Piduch as Supervisory Board Member

13

Against For Approve Remuneration Policy 14

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

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

For For Approve Terms of Remuneration of Supervisory Board Members

15

For For Amend Statute Re: Corporate Purpose 16.1

For For Approve Consolidated Text of Statute 16.2

J Sainsbury Plc Meeting Date: 07/02/2020 Country: United Kingdom

Meeting Type: Annual Ticker: SBRY

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports

For For

For For Approve Remuneration Report 2

For For Approve Remuneration Policy 3

For For Elect Tanuj Kapilashrami as Director 4

For For Elect Simon Roberts as Director 5

For For Elect Keith Weed as Director 6

For For Re-elect Brian Cassin as Director 7

For For Re-elect Jo Harlow as Director 8

For For Re-elect David Keens as Director 9

Vote Summary Report


J Sainsbury Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Kevin O'Byrne as Director 10

For For Re-elect Dame Susan Rice as Director 11

For For Re-elect Martin Scicluna as Director 12

For For Reappoint Ernst & Young 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 EU Political Donations and Expenditure

18

For For Authorise Market Purchase of Ordinary Shares 19

For For Approve Share Incentive Plan Rules and Trust Deed

20

For For Adopt New Articles of Association 21

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

22

Mammoth Energy Services, Inc. Meeting Date: 07/02/2020 Country: USA

Meeting Type: Annual Ticker: TUSK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Arthur Amron For Against

Blended Rationale: The nominee is non-independent and the full board comprises less than 50% independents.

For For Elect Director Arty Straehla 1.2

Against For Elect Director James Palm 1.3

Blended Rationale: A vote AGAINST governance committee members Arthur Smith and James (Jim) Palm is warranted given the board's failure to remove, or subject to a sunset requirement, the supermajority vote requirement to enact certain changes to the governing documents which adversely impacts shareholder rights. A vote AGAINST nominating governance committee chair James (Jim) Palm is further warranted for failing to establish gender diversity on the board.

Vote Summary Report


Mammoth Energy Services, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect Director Arthur Smith 1.4

Blended Rationale: A vote AGAINST governance committee members Arthur Smith and James (Jim) Palm is warranted given the board's failure to remove, or subject to a sunset requirement, the supermajority vote requirement to enact certain changes to the governing documents which adversely impacts shareholder rights.

Against For Elect Director Paul Jacobi 1.5

Blended Rationale: The nominee is non-independent and the full board comprises less than 50% independents.

Against For Amend Omnibus Stock Plan 2



3


For For Ratify Grant Thornton LLP as Auditors 4

Ubisoft Entertainment SA Meeting Date: 07/02/2020 Country: France

Meeting Type: Annual/Special Ticker: UBI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Financial Statements and Statutory Reports

For For

For For Approve Treatment of Losses 2


3

For For Approve Auditors' Special Report on Related-Party Transactions Mentioning the Absence of New Transactions

4


For For Approve Compensation of Yves Guillemot, Chairman and CEO

6

For For Approve Compensation of Claude Guillemot, Vice-CEO

7

For For Approve Compensation of Michel Guillemot, Vice-CEO

8

For For Approve Compensation of Gerard Guillemot, Vice-CEO

9

For For Approve Compensation of Christian Guillemot, Vice-CEO

10

Vote Summary Report


Ubisoft Entertainment SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Remuneration Policy for Chairman and CEO

11

For For Approve Remuneration Policy for Vice-CEOs 12


For For Reelect Yves Guillemot as Director 14

For For Reelect Gerard Guillemot as Director 15

For For Reelect Florence Naviner as Director 16

For For Elect John Parkes as Representative of Employee Shareholders to the Board

17


18


19

For For Authorize Capitalization of Reserves of Up to EUR 10 Million for Bonus Issue or Increase in Par Value

20

For For Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 1.45 Million

21

Against For Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 0.85 Million

22

Voter Rationale: Excessive dilution concerns.

Blended Rationale: Excessive dilution concerns.

Against For Approve Issuance of Equity or Equity-Linked Securities for Private Placements, up to Aggregate Nominal Amount of EUR 0.85 Million

23



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

24



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

25

For For Authorize Capital Issuances for Use in Employee Stock Purchase Plans (International Subsidiaries)

26

Vote Summary Report


Ubisoft Entertainment SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Authorize Capital Issuances for Use in Employee Stock Purchase Plans, Reserved for Employees and Corporate Officers of International Subsidiaries (Specific Countries)

27

For For Authorize up to 1 Percent of Issued Capital for Use in Stock Option Plans to Employees, Excluding Corporate Executive Officers

28

For For Authorize up to 0.2 Percent of Issued Capital for Use in Stock Option Plans to Corporate Executive Officers

29

Against For Set Total Limit for Capital Increase to Result from Issuance Requests Under Items 21-27 at EUR 4 Million

30



For For Amend Article 8 of Bylaws Re: Employee Representatives

31

For For Amend Article 12 of Bylaws Re: CEO and Vice-CEO Age Limit

32

For For Amend Articles of Bylaws to Comply with Legal Changes

33

For For Delegate Powers to the Board to Amend Bylaws to Comply with Legal Changes

34


35

Vidrala SA Meeting Date: 07/02/2020 Country: Spain

Meeting Type: Annual Ticker: VID

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Consolidated and Standalone Financial Statements

For For

For For Approve Discharge of Board 2

For For Approve Allocation of Income and Dividends 3

For For Approve Non-Financial Information Statement 4

For For Appoint Ernst & Young as Auditor 5

Vote Summary Report


Vidrala SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Authorize Share Repurchase and Capital Reduction via Amortization of Repurchased Shares

6

For For Authorize Capitalization of Reserves for Bonus Issue

7

For For Authorize Issuance of Non-Convertible Bonds/Debentures and/or Other Debt Securities up to EUR 1.5 Billion

8

For For Reelect Jan G. Astrand as Director 9

Against For Reelect Esteban Errandonea Delclaux as Director

10

Voter Rationale: Lack of independence on the board.

Blended Rationale: Lack of independence on the board.

Against For Reelect Maria Virginia Uriguen Villalba as Director

11



Against For Advisory Vote on Remuneration Report 12

Voter Rationale: We are not supportive of performance based pay to non-executive directors.

Blended Rationale: We are not supportive of performance based pay to non-executive directors.


13

For For Approve Minutes of Meeting 14

Wendel SE Meeting Date: 07/02/2020 Country: France

Meeting Type: Annual/Special Ticker: MF

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2

For For Approve Allocation of Income and Dividends of EUR 2.80 per Share

3

Vote Summary Report


Wendel SE Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Transaction with Corporate Officers 4

Voter Rationale: Lack of disclosure around the guarantee arrangement concluded with the management board.

Blended Rationale: Lack of disclosure around the guarantee arrangement concluded with the management board.

For For Approve Transaction with Wendel-Participations SE

5

Against For Elect Thomas de Villeneuv as Supervisory Board Member

6



Against For Approve Remuneration Policy of Chairman of the Management Board

7

Voter Rationale: No limit set on board's discretionary power.

Blended Rationale: No limit set on board's discretionary power.

For For Approve Remuneration Policy of Management Board Members

8

For For Approve Remuneration Policy of Supervisory Board Members

9

For For Approve Compensation Report of Corporate Officers

10

For For Approve Compensation of Andre François-Poncet, Chairman of the Management Board

11

Against For Approve Compensation of Bernard Gautier, Management Board Member Until Sept. 9, 2019

12

Voter Rationale: Excessive severance payments as well as lack of challenging performance conditions.

Blended Rationale: Excessive severance payments as well as lack of challenging performance conditions.

For For Approve Compensation of David Darmon, Management Board Member Since Sept. 9, 2019

13

For For Approve Compensation of Nicolas ver Hulst, Chairman of the Supervisory Board

14


15


16

For For Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to 40 Percent of Issued Capital

17

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

18

Vote Summary Report


Wendel SE Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Issuance of Equity or Equity-Linked Securities for Private Placements, up to 10 Percent of Issued Capital

19

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 Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Above

21

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

22

For For Authorize Capital Increase of up to 10 Percent of Issued Capital for Future Exchange Offers

23

For For Authorize Capitalization of Reserves of up to 50 Percent of Issued Capital for Bonus Issue or Increase in Par Value

24

For For Set Total Limit for Capital Increase to Result from All Issuance Requests up to 100 Percent of Issued Capital

25


26

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

27

Voter Rationale: Lack of stretching targets.

Blended Rationale: Lack of stretching targets.

Against For Authorize up to 0.5 Percent of Issued Capital for Use in Restricted Stock Plans

28

Voter Rationale: Awards to executive committee members don't appear to be subject to any performance conditions.

Blended Rationale: Awards to executive committee members don't appear to be subject to any performance conditions.

For For Amend Article 12 of Bylaws Re: Nomination of Supervisory Board Members

29


30

XLMedia Plc Meeting Date: 07/02/2020 Country: Jersey

Meeting Type: Special Ticker: XLM

Vote Summary Report


XLMedia Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Global Share Incentive Plan For For

Bank Millennium SA Meeting Date: 07/03/2020 Country: Poland

Meeting Type: Special Ticker: MIL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

3 Elect Meeting Chairman For For

For For Elect Members of Vote Counting Commission 6

Against For Amend August 27, 2019, EGM, Resolution Re: Approve Performance Share Plan; Authorize Share Repurchase Program for Purpose of Performance Share Plan

7

Voter Rationale: Significant discretion.

Blended Rationale: Significant discretion.

For For Amend Statute 8

Burckhardt Compression Holding AG Meeting Date: 07/03/2020 Country: Switzerland

Meeting Type: Annual Ticker: BCHN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Allocation of Income and Dividends of CHF 6.00 per Share

2

For For Approve Discharge of Board and Senior Management

3

For For Elect Ton Buechner as Director 4.1.1

Vote Summary Report


Burckhardt Compression Holding AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Reelect Urs Leinhaeuser as Director 4.1.2

Voter Rationale: Excessive tenure

Blended Rationale: Excessive tenure

For For Reelect Monika Kruesi as Director 4.1.3

Against For Reelect Stephan Bross as Director 4.1.4

Voter Rationale: Excessive tenure

Blended Rationale: Excessive tenure

For For Reelect David Dean as Director 4.1.5

For For Elect Ton Buechner as Board Chairman 4.2

For For Reappoint Stephan Bross as Member of the Nomination and Compensation Committee

4.3.1

For For Reappoint Monika Kruesi as Member of the Nomination and Compensation Committee

4.3.2

For For Ratify PricewaterhouseCoopers AG as Auditors 4.4

For For Designate Keller KLG as Independent Proxy 4.5

For For Approve Variable Remuneration of Executive Committee in the Amount of CHF 870,000 for Fiscal 2019

5.1

For For Approve Remuneration Report (Non-Binding) 5.2

For For Approve Fixed Remuneration of Directors in the Amount of CHF 640,000 for Fiscal 2020

5.3

For For Approve Fixed Remuneration of Directors in the Amount of CHF 650,000 for Fiscal 2021

5.4

Against For Approve Fixed Remuneration of Executive Committee in the Amount of CHF 2.2 Million for Fiscal 2021

5.5

Voter Rationale: 24% potential increase in realized fixed pay – unwarranted in our view.

Blended Rationale: 24% potential increase in realized fixed pay – unwarranted in our view.

Against For Transact Other Business (Voting) 6

Voter Rationale: Other business not disclosed

Blended Rationale: Other business not disclosed

Burckhardt Compression Holding AG Meeting Date: 07/03/2020 Country: Switzerland

Meeting Type: Annual Ticker: BCHN

Vote Summary Report


Burckhardt Compression Holding AG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Share Re-registration Consent For For

Lyxor Index Fund - Lyxor Bofaml High Yield Ex-Financial Bond UCITS Meeting Date: 07/03/2020 Country: Luxembourg

Meeting Type: Special Ticker: YIEL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Amend Article 4 Re: Possibility to Change Location of Registered Office

For For

For For Amend Article 9 Re: Form of the Shares 1.2

For For Amend Article 13 Re: Issue, Redemption and Conversion of Shares

1.3

For For Amend Article 15 Re: General Provisions 1.4

For For Amend Article 16 Re: Annual General Shareholders' Meeting

1.5

For For Amend Article 18 Re: Functioning of Shareholders' Meetings

1.6

For For Amend Article 19 Re: Notice to the General Shareholders' Meetings

1.7

For For Amend Article 21 Re: Duration of the Functions of the Directors, Renewal of the Board of Directors

1.8

For For Amend Article 22 Re: Committee of the Board of Directors

1.9

For For Amend Article 27 Re: Conflict of Interest 1.10

For For Amend Article 32 Re: Distribution Policy 1.11

For For Amend Article 31 Re: Accounting Year 2

For For Approve Minor Rewording to the Articles of Incorporation for Formatting Purposes

3

For For Elect Martin Rausch as Director 4

For For Elect Luc Caytan as Director 5

For For Elect Arnaud Llinas as Director 6

For For Elect Francois Millet as Director 7

Vote Summary Report


Lyxor Index Fund - Lyxor Bofaml High Yield Ex-Financial Bond UCITS Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Voter Rationale: Other business not disclosed.

Blended Rationale: Other business not disclosed.

Marks & Spencer Group Plc Meeting Date: 07/03/2020 Country: United Kingdom

Meeting Type: Annual Ticker: MKS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Archie Norman as Director 4

For For Re-elect Steve Rowe as Director 5

For For Re-elect Andrew Fisher as Director 6

For For Re-elect Andy Halford as Director 7

For For Re-elect Pip McCrostie as Director 8

For For Re-elect Justin King as Director 9

For For Elect Eoin Tonge as Director 10

For For Elect Sapna Sood as Director 11

For For Elect Tamara Ingram as Director 12

For For Reappoint Deloitte LLP as Auditors 13


14



16


17


Vote Summary Report


Marks & Spencer Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


19


20

For For Amend Performance Share Plan 21

For For Approve Restricted Share Plan 22

For For Approve Deferred Share Bonus Plan 23

Promotora y Operadora de Infraestructura SA Meeting Date: 07/03/2020 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

For For Approve Individual and Consolidated Financial Statements

1c

For For Approve Report on Adherence to Fiscal Obligations

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

2b

Voter Rationale: Lack of disclosure.

Blended Rationale: Lack of disclosure.

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

Vote Summary Report


Promotora y Operadora de Infraestructura SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


4

Shandong Sinocera Functional Material Co., Ltd. Meeting Date: 07/03/2020 Country: China

Meeting Type: Special Ticker: 300285

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Company's Eligibility for Private Placement of Shares

For For

For For Approve Issue Type and Par Value 2.1

For For Approve Issue Manner 2.2

For For Approve Target Subscribers and Subscription Method

2.3

For For Approve Issue Price and Pricing Basis 2.4

For For Approve Issue Size 2.5

For For Approve Raised Funds Investment 2.6

For For Approve Lock-up Period 2.7

For For Approve Distribution Arrangement of Undistributed Earnings

2.8

For For Approve Listing Exchange 2.9

For For Approve Resolution Validity Period 2.10

For For Approve Related Party Transactions in Connection to Private Placement

3

For For Approve Private Placement of Shares 4

For For Approve Signing of Share Subscription Agreement with Zhang Xi

5.1

For For Approve Signing of Share Subscription Agreement with Zhuhai Gaoling Yicheng Equity Investment Partnership (Limited Partnership)

5.2

For For Approve Signing of Strategic Cooperation Agreement

6

For For Approve Demonstration Analysis Report in Connection to Private Placement

7

For For Approve Feasibility Analysis Report on the Use of Proceeds

8

Vote Summary Report


Shandong Sinocera Functional Material Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Report on the Usage of Previously Raised Funds

9

For For Approve Impact of Dilution of Current Returns on Major Financial Indicators and the Relevant Measures to be Taken

10

For For Approve Shareholder Return Plan 11

For For Approve Authorization of Board to Handle All Related Matters

12

For For Approve Internal Control Self-Evaluation Report 13

Alfen NV Meeting Date: 07/06/2020 Country: Netherlands

Meeting Type: Special Ticker: ALFEN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2.a Elect Willem Ackermans to Supervisory Board For For

For For Elect Eline Oudenbroek to Supervisory Board 2.b

China Evergrande Group Meeting Date: 07/06/2020 Country: Cayman Islands

Meeting Type: Annual Ticker: 3333

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Final Dividend 2

For For Elect Shi Junping as Director 3

For For Elect Pan Darong as Director 4

For For Elect Huang Xiangui as Director 5

For For Authorize Board to Fix Remuneration of Directors

6

Vote Summary Report


China Evergrande Group Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

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

7

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

8

Voter Rationale: Excessive dilution.

Blended Rationale: Excessive dilution.

For For Authorize Repurchase of Issued Share Capital 9

Against For Authorize Reissuance of Repurchased Shares 10

Voter Rationale: Discount limit not specified.

Blended Rationale: Discount limit not specified.

Against For Approve Refreshment of Scheme Mandate Limit Under the Share Option Scheme

11

Voter Rationale: The directors eligible to receive options under the Scheme are involved in the administration of the Scheme.

Blended Rationale: The directors eligible to receive options under the Scheme are involved in the administration of the Scheme.

De La Rue Plc Meeting Date: 07/06/2020 Country: United Kingdom

Meeting Type: Special Ticker: DLAR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Subscription by Crystal Amber Fund Limited Pursuant to the Firm Placing

For For

For For Approve Subscription by Brandes Investment Partners, L.P. Pursuant to the Firm Placing and Placing

2

For For Approve Capital Raising 3

Georgia Capital Plc Meeting Date: 07/06/2020 Country: United Kingdom

Meeting Type: Special Ticker: CGEO

Vote Summary Report


Georgia Capital Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve the Recommended Final Share Exchange Offer

For For

For For Authorise Board to Issue Shares in Connection with the Share Exchange Offer

2

Quadient SA Meeting Date: 07/06/2020 Country: France

Meeting Type: Annual/Special Ticker: QDT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


3


4


5

For For Approve Compensation of Denis Thiery, Chairman of the Board Until June 28, 2019

6

For For Approve Compensation of Didier Lamouche, Chairman of the Board Since June 28, 2019

7

For For Approve Compensation of Geoffrey Godet, CEO 8


9

For For Approve Remuneration Policy of CEO 10


For For Reelect Eric Courteille as Director 12

For For Reelect William Hoover Jr as Director 13

For For Renew Appointment of Auditex as Alternate Auditor

14


15

Vote Summary Report


Quadient SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Change Company Name to Quadient and Amend Article 3 of Bylaws Accordingly

16

For For Amend Article 13 of Bylaws Re: Employee Representatives

17

For For Amend Article 14 of Bylaws Re: Board Members Deliberation via Written Consultation

18

For For Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 15 Million

19

For For Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 3.4 Million

20

For For Approve Issuance of Equity or Equity-Linked Securities for Private Placements, up to Aggregate Nominal Amount of EUR 3.4 Million

21

For For Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 3.4 Million

22

For For Approve Issuance of Equity or Equity-Linked Securities for Private Placements, up to Aggregate Nominal Amount of EUR 3.4 Million

23


24

For For Authorize Capitalization of Reserves of Up to EUR 30 Million for Bonus Issue or Increase in Par Value

25


26

For For Authorize Capital Increase for Future Exchange Offers

27


28

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

29

For For Authorize up to 400,000 Shares for Use in Restricted Stock Plans

30


31


32

Vote Summary Report


Raven Property Group Ltd. Meeting Date: 07/06/2020 Country: Guernsey

Meeting Type: Annual Ticker: RAV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Abstain For Approve Remuneration Report 2

Voter Rationale: Lack of disclosure with actual award level not known.

Blended Rationale: Lack of disclosure with actual award level not known.

For For Re-elect Richard Jewson as Director 3

For For Re-elect Anton Bilton as Director 4

For For Re-elect Glyn Hirsch as Director 5

For For Re-elect Mark Sinclair as Director 6

For For Re-elect Colin Smith as Director 7

For For Re-elect David Moore as Director 8

For For Re-elect Michael Hough as Director 9


For For Authorise Board to Fix Remuneration of Auditors 11



For For Authorise Market Purchase of Convertible Preference Shares

14

For For Authorise Market Purchase of Preference Shares 15


16


17

Shree Cement Limited Meeting Date: 07/06/2020 Country: India


Vote Summary Report


Shree Cement Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Confirm Interim Dividend 2

For For Reelect Prashant Bangur as Director 3

For For Approve Remuneration of Cost Auditors 4

For For Elect Uma Ghurka as Director 5

For For Reelect Sanjiv Krishnaji Shelgikar as Director 6

SKSHU Paint Co., Ltd. Meeting Date: 07/06/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve External Guarantee Provision Plan For For

STV Group Plc Meeting Date: 07/06/2020 Country: United Kingdom

Meeting Type: Special Ticker: STVG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Capital Raising For For

Tata Consumer Products Limited Meeting Date: 07/06/2020 Country: India


Vote Summary Report


Tata Consumer Products Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Standalone Financial Statements and Statutory Reports

For For

For For Accept Consolidated Financial Statements and Statutory Reports

2

For For Approve Dividend 3

For For Reelect Harish Bhat as Director 4


For For Elect Sunil D'Souza as Director and Approve Appointment and Remuneration of Sunil D'Souza as Managing Director and Chief Executive Officer

6

Viva Energy Group Limited Meeting Date: 07/06/2020 Country: Australia

Meeting Type: Annual Ticker: VEA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Remuneration Report For Against

Voter Rationale: The CFO's fixed annual remuneration will increase to $650,000 from $600,000, representing an 8.3 percent increase. This is significant in light of approximately 1,000 employees receiving Australian government JobKeeper wage assistance payments during the COVID-19 pandemic.

Blended Rationale: The CFO's fixed annual remuneration will increase to $650,000 from $600,000, representing an 8.3 percent increase. This is significant in light of approximately 1,000 employees receiving Australian government JobKeeper wage assistance payments during the COVID-19 pandemic.

For For Elect Jane McAloon as Director 3a

For For Elect Arnoud De Meyer as Director 3b

For For Approve Grant of Performance Rights to Scott Wyatt

4

Andritz AG Meeting Date: 07/07/2020 Country: Austria

Meeting Type: Annual Ticker: ANDR

Vote Summary Report


Andritz AG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Allocation of Income and Dividends of EUR 0.50 per Share

For For

For For Approve Discharge of Management Board for Fiscal 2019

3

For For Approve Discharge of Supervisory Board for Fiscal 2019

4

For For Approve Remuneration of Supervisory Board Members

5

For For Ratify KPMG Austria GmbH as Auditors for Fiscal 2020

6

For For Elect Wolfgang Bernhard as Supervisory Board Member

7


Voter Rationale: Large discretionary element so unable to assess pay for performance alignment.

Blended Rationale: Large discretionary element so unable to assess pay for performance alignment.

For For Approve Stock Option Plan for Key Employees 9

Assura Plc Meeting Date: 07/07/2020 Country: United Kingdom

Meeting Type: Annual Ticker: AGR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Share Incentive Plan 2




5

For For Re-elect Ed Smith as Director 6

For For Re-elect Louise Fowler as Director 7

For For Re-elect Jonathan Murphy as Director 8

For For Re-elect Jenefer Greenwood as Director 9

Vote Summary Report


Assura Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Jayne Cottam as Director 10

For For Re-elect Jonathan Davies as Director 11



13


14



16

Britannia Industries Limited Meeting Date: 07/07/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Audited Financial Statements and Statutory Reports

For For


For For Reelect Nusli N Wadia as Director 3

For For Approve Walker Chandiok & Co, Chartered Accountants as Auditors and Authorize Board to Fix Their Remuneration

4

Grupo Aeroportuario del Centro Norte SAB de CV Meeting Date: 07/07/2020 Country: Mexico

Meeting Type: Annual Ticker: OMAB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Present Board of Directors' Reports in Compliance with Article 28, Section IV (D and E) of Stock Market Law

For For

Vote Summary Report


Grupo Aeroportuario del Centro Norte SAB de CV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Present CEO and External Auditor Report in Compliance with Article 28, Section IV (B) of Stock Market Law

2

For For Present Board of Directors' Reports in Accordance with Article 28, Section IV (A and C) of Stock Market Law Including Tax Report

3

For For Approve Allocation of Income 4

For For Set Aggregate Nominal Amount of Share Repurchase

5

Against For Discharge, Elect or Ratify Directors; Elect or Ratify Chairmen of Audit, Corporate Practices, Finance, Planning and Sustainability Committees; Approve their Remuneration

6



For For Appoint Legal Representatives 7

For For Approve Cancellation of Series B Repurchased Shares and Consequently Reduction in Fixed Portion of Share Capital and Amend Article 6

1


Phoenix Holdings Ltd. Meeting Date: 07/07/2020 Country: Israel

Meeting Type: Annual Ticker: PHOE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Reappoint Kost Forer Gabbay & Kasierer as Auditors and Authorize Board to Fix Their Remuneration

For For

For For Elect Benjamin Gabbay as Director 3

For For Elect Itshak Shukri Cohen as Director 4

For For Elect Marilyn Victoria Hirsch as Director 5

For For Elect Roger Abrabenel as Director 6

For For Elect Ehud Shapiro as Director 7

For For Elect Ben Carlton Langworthy as Director 8

For For Elect Eliezer (Eli) Younes as Director 9

Vote Summary Report


Phoenix Holdings Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

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

Sanofi India Limited Meeting Date: 07/07/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Declare Final Dividend and Special Dividend 2

For For Reelect Rajaram Narayanan as Director 3

Against For Elect Cherian Mathew as Director 4

Voter Rationale: Executive director and member of the audit committee.

Blended Rationale: Executive director and member of the audit committee.

Against For Approve Appointment and Remuneration of Cherian Mathew as Whole Time Director

5

Voter Rationale: Variable pay is uncapped.

Blended Rationale: Variable pay is uncapped.


Vote Summary Report


TAKKT AG Meeting Date: 07/07/2020 Country: Germany

Meeting Type: Annual Ticker: TTK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Allocation of Income and Omission of Dividends

For For


3


4

For For Ratify Ebner Stolz GmbH & Co. KG as Auditors for Fiscal 2020

5

For For Approve Affiliation Agreement with Ratioform Verpackungen GmbH

6

For For Amend Articles Re: Proof of Entitlement 7

For For Amend Articles Re: Supervisory Board Participation at AGM via Telecommunication Means

8

Tricon Capital Group Inc. Meeting Date: 07/07/2020 Country: Canada

Meeting Type: Annual/Special Ticker: TCN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director David Berman For For

For For Elect Director J. Michael Knowlton 1b

For For Elect Director Peter D. Sacks 1c

For For Elect Director Sian M. Matthews 1d

For For Elect Director Ira Gluskin 1e

For For Elect Director Camille Douglas 1f

For For Elect Director Tracy Sherren 1g

For For Elect Director Gary Berman 1h

For For Elect Director Geoff Matus 1i

Vote Summary Report


Tricon Capital Group Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

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

2

For For Amend Stock Option Plan 3

For For Approve Deferred Share Unit Plan 4

For For Change Company Name to Tricon Residential Inc.

5

Vinhomes JSC Meeting Date: 07/07/2020 Country: Vietnam

Meeting Type: Special Ticker: VHM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Dismiss Nguyen Viet Quang as Director For For

For For Approve Election Regulations 2

For For Elect Ashish Shastry as Director 3.1

For For Elect Richard Hoang Quan as Director 3.2

For For Elect Pham Thieu Hoa as Director 3.3

For For Elect Tran Kien Cuong as Director 3.4

Against For Approve Investment in Ha Long Xanh Project 1

Voter Rationale: Lack of information.

Blended Rationale: Lack of information.

Against For Approve Joint-Venture with Vingroup in Project Investment

2



Against For Approve Joint-Venture Agreement 3



Against For Authorize Managing Director to Ratify and Execute Approved Resolutions

4



Vote Summary Report


Whitbread Plc Meeting Date: 07/07/2020 Country: United Kingdom

Meeting Type: Annual Ticker: WTB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Against For Approve Remuneration Report 2

Voter Rationale: Restricted share plan not in line with best practice.

Blended Rationale: Restricted share plan not in line with best practice.

For For Elect Horst Baier as Director 3

For For Re-elect David Atkins as Director 4

For For Re-elect Alison Brittain as Director 5

For For Re-elect Nicholas Cadbury as Director 6

For For Re-elect Adam Crozier as Director 7

Against For Re-elect Frank Fiskers as Director 8

Voter Rationale: Remuneration failures.

Blended Rationale: Remuneration failures.

For For Re-elect Richard Gillingwater as Director 9

For For Re-elect Chris Kennedy as Director 10

For For Re-elect Deanna Oppenheimer as Director 11

For For Re-elect Louise Smalley as Director 12

For For Re-elect Susan Martin as Director 13



15


16



18


19



21

Vote Summary Report


Alstom SA Meeting Date: 07/08/2020 Country: France

Meeting Type: Annual/Special Ticker: ALO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2

For For Approve Allocation of Income and Absence of Dividends

3

For For Approve Transaction with Bouygues Re: Acquisition of Bombardier Transport

4

For For Reelect Yann Delabriere as Director 5

For For Elect Frank Mastiaux as Director 6


7

For For Approve Compensation of Chairman and CEO 8

For For Approve Remuneration Policy of Chairman and CEO

9

For For Approve Remuneration Policy of Board Members 10

For For Ratify Change Location of Registered Office to Saint-Ouen-sur-Seine

11


12

For For Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 510 Million

13

For For Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 155 Million

14

For For Approve Issuance of Equity or Equity-Linked Securities for Private Placements, up to Aggregate Nominal Amount of EUR 155 Million

15


16


17

Vote Summary Report


Alstom SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Issuance of Equity or Equity-Linked Securities for Private Placements, up to 10 Percent of Issued Capital

18

For For Authorize Capital Increase of Up to EUR 155 Million for Future Exchange Offers

19

For For Approve Issuance of Equity or Equity-Linked Securities for Reserved for Specific Beneficiaries, up to Aggregate Nominal Amount of EUR 155 Million

20


21


22

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

23

For For Amend Article 9 of Bylaws Re: Employee Representative

24

For For Amend Article 10 of Bylaws Re: Board Members Deliberation via Written Consultation

25

For For Amend Bylaws to Comply with Legal Changes 26


27

BOKU, Inc. Meeting Date: 07/08/2020 Country: USA

Meeting Type: Annual Ticker: BOKU

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Jonathan Prideaux as Director For For

For For Elect Mark Britto as Director 2

For For Reappoint BDO LLP as Auditors 3


4

For For Adopt the Amendment to the Amended and Restated Certificate of Incorporation

5


Vote Summary Report


Daimler AG Meeting Date: 07/08/2020 Country: Germany

Meeting Type: Annual Ticker: DAI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


3


4

For For Ratify KPMG AG as Auditors for Fiscal 2020 5.1

For For Ratify KPMG AG as Auditors for the 2021 Interim Financial Statements Until the 2021 AGM

5.2


For For Elect Timotheus Hoettges to the Supervisory Board

7

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

8

For For Authorize Use of Financial Derivatives when Repurchasing Shares

9

For For Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds without Preemptive Rights up to Aggregate Nominal Amount of EUR 10 Billion; Approve Creation of EUR 500 Million Pool of Capital to Guarantee Conversion Rights

10

For For Amend Articles Re: AGM Video and Audio Transmission

11.1

For For Amend Articles Re: Electronic Participation of Shareholders

11.2

For For Amend Articles Re: Annulment of the Majority Requirement Clause for Passing Resolutions at General Meetings

12.1

Against For Amend Articles Re: Majority Requirement for Passing Resolutions at General Meetings

12.2

Voter Rationale: The resolution would introduce a supermajority requirement for the removal of supervisory board members.

Blended Rationale: The resolution would introduce a supermajority requirement for the removal of supervisory board members.

For For Approve Affiliation Agreement with Mercedes-Benz Bank AG

13

Vote Summary Report


Jupiter Mines Limited Meeting Date: 07/08/2020 Country: Australia

Meeting Type: Annual Ticker: JMS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Remuneration Report For Against

Voter Rationale: The CEO's STI bonus is excessive compared to the company's market cap and industry peers. The CEO's bonus is calculated as a percentage of distributions to shareholders and does not appear to be based on achievement of objective performance targets which are demonstrable of outperformance.

Blended Rationale: The CEO's STI bonus is excessive compared to the company's market cap and industry peers. The CEO's bonus is calculated as a percentage of distributions to shareholders and does not appear to be based on achievement of objective performance targets which are demonstrable of outperformance.

Against For Elect Hans Mende as Director 2

Voter Rationale: Lack of independence

Blended Rationale: Lack of independence

Maccura Biotechnology Co., Ltd. Meeting Date: 07/08/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Repurchase and Cancellation of Performance Shares

For For

For For Approve Amendments to Articles of Association 2.1

For For Amend Rules and Procedures Regarding General Meetings of Shareholders

2.2

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

2.3

For For Amend Related Party Transaction System 2.4

For For Amend Management System of External Investments

2.5

For For Amend Management System for Providing External Guarantees

2.6

For For Amend Management System of Raised Funds 2.7

For For Approve Guarantee Provision Plan 3

Vote Summary Report


Rite Aid Corporation Meeting Date: 07/08/2020 Country: USA

Meeting Type: Annual Ticker: RAD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Bruce G. Bodaken For For

For For Elect Director Elizabeth "Busy" Burr 1b

For For Elect Director Heyward Donigan 1c

For For Elect Director Robert E. Knowling, Jr. 1d

For For Elect Director Kevin E. Lofton 1e

For For Elect Director Louis P. Miramontes 1f

For For Elect Director Arun Nayar 1g

For For Elect Director Katherine B. Quinn 1h



3

Voter Rationale: LTIP not majority performance conditioned

Blended Rationale: LTIP not majority performance conditioned

For For Approve Omnibus Stock Plan 4

3i Infrastructure Plc Meeting Date: 07/09/2020 Country: Jersey

Meeting Type: Annual Ticker: 3IN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Richard Laing as Director 4

For For Re-elect Doug Bannister as Director 5

For For Re-elect Wendy Dorman as Director 6

Vote Summary Report


3i Infrastructure Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Robert Jennings as Director 7

For For Re-elect Ian Lobley as Director 8

For For Re-elect Paul Masterton as Director 9

For For Elect Samantha Hoe-Richardson as Director 10

For For Ratify Deloitte LLP as Auditors 11


For For Approve Scrip Dividend Scheme 13

For For Authorise Capitalisation of the Appropriate Amounts of New Ordinary Shares to be Allotted Under the Scrip Dividend Scheme

14


15


Carlsberg Brewery Malaysia Berhad Meeting Date: 07/09/2020 Country: Malaysia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Approve Special Dividend 3

For For Elect Roland Arthur Lawrence as Director 4

For For Elect Graham James Fewkes as Director 5

For For Elect Stefano Clini as Director 6

For For Approve Directors' Fees and Benefits 7

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

8

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

9

For For Approve Renewal of Shareholders' Mandate for Recurrent Related Party Transactions

10

Vote Summary Report


Carlsberg Brewery Malaysia Berhad Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve New Shareholders' Mandate for Recurrent Related Party Transactions

11

Charles Stanley Group Plc Meeting Date: 07/09/2020 Country: United Kingdom

Meeting Type: Annual Ticker: CAY

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Sir David Howard as Director 4

For For Re-elect Paul Abberley as Director 5

For For Re-elect Benjamin Money-Coutts as Director 6

For For Re-elect Bridget Guerin as Director 7

For For Re-elect Andrew Didham as Director 8

For For Re-elect Hugh Grootenhuis as Director 9

For For Re-elect Marcia Campbell as Director 10

For For Reappoint KPMG LLP as Auditors 11




14


15


16

Charter Hall Retail REIT Meeting Date: 07/09/2020 Country: Australia

Meeting Type: Special Ticker: CQR

Vote Summary Report


Charter Hall Retail REIT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Ratify Past Issuance of Units to Certain Institutional, Professional and Other Wholesale Investors

For For

Cue Biopharma, Inc. Meeting Date: 07/09/2020 Country: USA

Meeting Type: Annual Ticker: CUE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Daniel R. Passeri For For

For For Elect Director Peter A. Kiener 1.2

For For Elect Director Aaron Fletcher 1.3

For For Elect Director Cameron Gray 1.4

Withhold For Elect Director Barry Simon 1.5

Blended Rationale: WITHHOLD votes are warranted for governance committee members Frank Morich, Frederick (Fred) Driscoll and Barry Simon given the board's failure to remove, or subject to a sunset requirement, the supermajority vote requirement to enact certain changes to the governing documents which adversely impacts shareholder rights. WITHHOLD votes are further warranted for nominating committee chairman Barry Simon for failing to establish gender diversity in the board.

Withhold For Elect Director Frederick Driscoll 1.6

Blended Rationale: WITHHOLD votes are warranted for governance committee members Frank Morich, Frederick (Fred) Driscoll and Barry Simon given the board's failure to remove, or subject to a sunset requirement, the supermajority vote requirement to enact certain changes to the governing documents which adversely impacts shareholder rights.

Withhold For Elect Director Frank Morich 1.7

Blended Rationale: WITHHOLD votes are warranted for governance committee members Frank Morich, Frederick (Fred) Driscoll and Barry Simon given the board's failure to remove, or subject to a sunset requirement, the supermajority vote requirement to enact certain changes to the governing documents which adversely impacts shareholder rights.

For For Increase Authorized Common Stock 2

For For Ratify RSM US LLP as Auditors 3

Estun Automation Co. Ltd. Meeting Date: 07/09/2020 Country: China


Vote Summary Report


Estun Automation Co. Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Wu Bo as Non-Independent Director For For

For For Elect Wu Kan as Non-Independent Director 1.2

For For Elect Yuan Qin as Non-Independent Director 1.3

For For Elect Zhu Chunhua as Non-Independent Director

1.4

For For Elect Zhou Ailin as Non-Independent Director 1.5

For For Elect Qian Wei as Non-Independent Director 1.6

For For Elect Tang Wencheng as Independent Director 2.1

For For Elect Feng Hutian as Independent Director 2.2

For For Elect Li Xiang as Independent Director 2.3

For For Elect Gu Xiaoxia as Supervisor 3.1

For For Elect Wang Jiamin as Supervisor 3.2

For For Approve Allowance Standard of Independent Directors

4

For For Approve Repurchase and Cancellation of Performance Shares

5

Land Securities Group Plc Meeting Date: 07/09/2020 Country: United Kingdom

Meeting Type: Annual Ticker: LAND

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Mark Allan as Director 3

For For Re-elect Martin Greenslade as Director 4

For For Re-elect Colette O'Shea as Director 5

For For Re-elect Edward Bonham Carter as Director 6

For For Re-elect Nicholas Cadbury as Director 7

Vote Summary Report


Land Securities Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Madeleine Cosgrave as Director 8

For For Re-elect Christophe Evain as Director 9

For For Re-elect Cressida Hogg as Director 10

For For Re-elect Stacey Rauch as Director 11




14



16


17


Lenovo Group Limited Meeting Date: 07/09/2020 Country: Hong Kong


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Yang Yuanqing as Director 3a

For For Elect William O. Grabe as Director 3b

For For Elect William Tudor Brown as Director 3c

For For Elect Yang Lan as Director 3d

For For Authorize Board Not to Fill Up Vacated Office Resulting From Retirement of Nobuyuki Idei as Director

3e


3f

Vote Summary Report


Lenovo Group Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

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

4


5

Blended Rationale: A vote AGAINST these resolutions is warranted for the following:- The aggregate share issuance limit is greater than 10 percent.- The company has not specified the discount limit.



Blended Rationale: A vote AGAINST these resolutions is warranted for the following:- The aggregate share issuance limit is greater than 10 percent.- The company has not specified the discount limit.

Nairobi Securities Exchange Ltd. Meeting Date: 07/09/2020 Country: Kenya

Meeting Type: Annual Ticker: NSE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve First and Final Dividend of KES 0.08 Per Share Approve July 9 as Record date for Entitlement to Receive Dividend

2


For For Reelect Samuel Njuguna Kiman as Independent Non-Executive Director

4.a

For For Reelect Bob Karina as Director 4.b

Against For Reelect Turner as Director 4.c

Voter Rationale: Attendance concerns.

Blended Rationale: Attendance concerns.

For For Elect Risper Alaro-Mukoto as Member of Audit, Risk and Compliance Committee

5.a.

Against For Elect Nasim Devji as Member of Audit, Risk and Compliance Committee

5.b



For For Reelect Hosea Kimutai Kili as Member of Audit, Risk and Compliance Committee

5.c

Vote Summary Report


Nairobi Securities Exchange Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Isis Nyong'o Madison as Member of Audit, Risk and Compliance Committee

5.d

For For Ratify PricewaterhouseCoopers as Auditors and Fix Their Remuneration

6

Petroleo Brasileiro SA Meeting Date: 07/09/2020 Country: Brazil

Meeting Type: Special Ticker: PETR4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Additional High Standard Reputation Requirements for the Senior Management and Fiscal Council Members and Inclusion of these Requirements in the Nomination Policy

For For

For For Amend Articles and Consolidate Bylaws 2

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?

3


Meeting Type: Special Ticker: PETR4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Additional High Standard Reputation Requirements for the Senior Management and Fiscal Council Members and Inclusion of these Requirements in the Nomination Policy

For For


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Vote Summary Report


Petroleo Brasileiro SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Additional High Standard Reputation Requirements for the Senior Management and Fiscal Council Members and Inclusion of these Requirements in the Nomination Policy

1


Pets At Home Group Plc Meeting Date: 07/09/2020 Country: United Kingdom

Meeting Type: Annual Ticker: PETS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Re-elect Peter Pritchard as Director 5A

For For Re-elect Mike Iddon as Director 5B

For For Re-elect Dennis Millard as Director 5C

For For Re-elect Sharon Flood as Director 5D

For For Re-elect Stanislas Laurent as Director 5E

For For Re-elect Susan Dawson as Director 5F

For For Elect Ian Burke as Director 6





10

Abstain For Approve Restricted Stock Plan 11

Voter Rationale: resolution withdrawn.

Blended Rationale: resolution withdrawn.


12

Vote Summary Report


Pets At Home Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


13



15


Siemens AG Meeting Date: 07/09/2020 Country: Germany

Meeting Type: Special Ticker: SIE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Spin-Off and Takeover Agreement with Siemens Energy AG

For For

Terrafina Meeting Date: 07/09/2020 Country: Mexico

Meeting Type: Special Ticker: TERRA13

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Clause VI of Trust Agreement Re: Common Representative

For For


2

Workspace Group Plc Meeting Date: 07/09/2020 Country: United Kingdom

Meeting Type: Annual Ticker: WKP

Vote Summary Report


Workspace Group Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Re-elect Stephen Hubbard as Director 5

For For Re-elect Graham Clemett as Director 6

For For Re-elect Dr Maria Moloney as Director 7

For For Re-elect Chris Girling as Director 8

For For Re-elect Damon Russell as Director 9

For For Re-elect Ishbel Macpherson as Director 10

For For Elect Suzi Williams as Director 11

For For Elect David Benson as Director 12





16


17



19

Alacer Gold Corp. Meeting Date: 07/10/2020 Country: Canada

Meeting Type: Special Ticker: ASR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Acquisition by SSR Mining Inc. For For

Vote Summary Report


Ambuja Cements Limited Meeting Date: 07/10/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Reelect Jan Jenisch as Director 3

For For Reelect Martin Kriegner as Director 4

For For Reelect Christof Hassig as Director 5

For For Approve Payment of Commission to Non-Executive Directors

6

For For Elect Neeraj Akhoury as Director 7

For For Approve Appointment and Remuneration of Neeraj Akhoury as Managing Director & CEO

8


Bangkok Bank Public Company Limited Meeting Date: 07/10/2020 Country: Thailand

Meeting Type: Annual Ticker: BBL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

3 Approve Financial Statements For For

For For Approve Allocation of Income and Acknowledgement of Interim Dividend Payment

4

For For Elect Arun Chirachavala as Director 5.1

For For Elect Singh Tangtatswas as Director 5.2

For For Elect Amorn Chandarasomboon as Director 5.3

For For Elect Chartsiri Sophonpanich as Director 5.4

For For Elect Thaweelap Rittapirom as Director 5.5

For For Elect Siri Jirapongphan as Director 6.1

For For Elect Pichet Durongkaveroj as Director 6.2

Vote Summary Report


Bangkok Bank Public Company Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

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

8

Against For Other Business 9



By-Health Co., Ltd. Meeting Date: 07/10/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Company's Eligibility for Private Placement of Shares

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, Issue Price and Pricing Basis

2.4


For For Approve Amount and Use of Proceeds 2.6


For For Approve Listing Exchange 2.8


For For Approve Distribution Arrangement of Undistributed Earnings

2.10

For For Approve Private Placement of Shares 3

For For Approve Demonstration Analysis Report in Connection to Private Placement

4


5

For For Approve to Appoint Auditor 6


7

Vote Summary Report


By-Health Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


8


9

Canacol Energy Ltd. Meeting Date: 07/10/2020 Country: Canada

Meeting Type: Annual/Special Ticker: CNE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Fix Number of Directors at Eight For For

For For Elect Director Charle Gamba 2a

For For Elect Director Michael Hibberd 2b

For For Elect Director Oswaldo Cisneros 2c

For For Elect Director Francisco Diaz 2d

For For Elect Director Gregory D. Elliot 2e

For For Elect Director Ariel Merenstein 2f

Withhold For Elect Director Gonzalo Fernandez-Tinoco 2g

Voter Rationale: serving as chairman of the Nominating Committee and the board has failed to demonstrate an adequatelevel of commitment to the enhancement of gender diversity.

Blended Rationale: serving as chairman of the Nominating Committee and the board has failed to demonstrate an adequatelevel of commitment to the enhancement of gender diversity.

For For Elect Director David Winter 2h

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

3

Against For Amend Stock Option Plan 4

Voter Rationale: detailed amendment provision does not sufficiently limit the board's ability to amend the plan without shareholder approval

Blended Rationale: detailed amendment provision does not sufficiently limit the board's ability to amend the plan without shareholder approval

Construtora Tenda SA Meeting Date: 07/10/2020 Country: Brazil

Meeting Type: Special Ticker: TEND3

Vote Summary Report


Construtora Tenda SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Articles Re: Number of Executives For For

For For Amend Articles Re: Creation of Board Vice-Chairman Position

2


3

Construtora Tenda SA Meeting Date: 07/10/2020 Country: Brazil

Meeting Type: Annual Ticker: TEND3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2019

For For


For For Approve Remuneration of Company's Management

3

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 Fiscal Council Members 5

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?

6

For For Approve Remuneration of Fiscal Council Members

7


8

Vote Summary Report


Great Wall Motor Company Limited Meeting Date: 07/10/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Ordinary Related Party Transaction of the Group and Spotlight Automotive Ltd

For For

SSR Mining Inc. Meeting Date: 07/10/2020 Country: Canada

Meeting Type: Special Ticker: SSRM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Issue Shares in Connection with the Acquisition of Alacer Gold Corp.

For For

For For Conditional on the Completion of the Arrangement: Fix Number of Directors at Ten

2

VTech Holdings Ltd. Meeting Date: 07/10/2020 Country: Bermuda


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Pang King Fai as Director 3a

For For Elect William Wong Yee Lai as Director 3b

Against For Elect Wong Kai Man as Director 3c

Voter Rationale: Member of the nomination committee and lack of gender diversity on the board.

Blended Rationale: Member of the nomination committee and lack of gender diversity on the board.

For For Approve Directors' Fee 3d

Vote Summary Report


VTech Holdings Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve KPMG as Auditor and Authorize Board to Fix Their Remuneration

4



6

Yifeng Pharmacy Chain Co., Ltd. Meeting Date: 07/10/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Articles of Association and Handling of Business Changes

For For

Cathay Pacific Airways Limited Meeting Date: 07/13/2020 Country: Hong Kong


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve PS Subscription Agreement, Issuance Warrants, Issuance and Allotment of Warrant Shares and Related Transactions

For For

For For Approve Rights Issue 2

Against For Approve New General Mandate and Cancel Existing General Mandate

3

Blended Rationale: A vote AGAINST these resolutions is warranted for the following:- The share issuance limit is greater than 10 percent.- The company has not specified the discount limit.- The company has refreshed the general mandate multiple times in the past 12 months.

For For Approve Creation, Allotment and Issuance of Preference Shares Under the PS Subscription Agreement

1

For For Amend Articles of Association 2

Vote Summary Report


Gujarat Pipavav Port Limited Meeting Date: 07/13/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Reelect Pradeep Mallick as Director For For

For For Reelect Hina Shah as Director 2

For For Reelect Tejpreet Singh Chopra as Director 3

Hermes Property Unit Trust Meeting Date: 07/13/2020 Country: United Kingdom

Meeting Type: Annual Ticker: FBGMTF.F

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Re-elect Andrew McIntyre to the Appointments Committee

2.1

For For Re-elect David Nicol to the Appointments Committee

2.2

For For Reappoint PricewaterhouseCoopers LLP as Auditors and Authorise Their Remuneration

3

MITIE Group Plc Meeting Date: 07/13/2020 Country: United Kingdom

Meeting Type: Special Ticker: MTO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Authorise Issue of Equity in Connection with the Rights Issue

For For

Vote Summary Report


Orient Securities Co., Ltd. Meeting Date: 07/13/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Employee Stock Ownership Plan (Draft) and Its Abstract

For For

For For Approve Authorization to the Board to Handle All Matters Related to Employee Stock Ownership Plan

2

Renalytix AI Plc Meeting Date: 07/13/2020 Country: United Kingdom

Meeting Type: Special Ticker: RENX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Authorise Issue of Equity in Connection with the Global Offering

For For

For For Approve Employee Share Purchase Plan 2

For For Approve Equity Incentive Plan 3

For For Authorise Issue of Equity without Pre-emptive Rights in Connection with the Global Offering

4

Wen's Foodstuff Group Co., Ltd. Meeting Date: 07/13/2020 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 Type 2.1


For For Approve Par Value and Issue Price 2.3

Vote Summary Report


Wen's Foodstuff Group Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Bond Maturity 2.4

For For Approve Bond Interest Rate 2.5

For For Approve Period and Manner of Repayment of Capital and Interest

2.6

For For Approve Conversion Period 2.7

For For Approve Determination and Adjustment of Conversion Price

2.8

For For Approve Terms for Downward Adjustment of Conversion Price

2.9

For For Approve Method for Determining the Number of Shares for Conversion

2.10

For For Approve Terms of Redemption 2.11

For For Approve Terms of Sell-Back 2.12

For For Approve Attribution of Profit and Loss During the Conversion Period

2.13

For For Approve Issue Manner and Target Subscribers 2.14

For For Approve Placing Arrangement for Shareholders 2.15

For For Approve Matters Relating to Meetings of Bondholders

2.16

For For Approve Use of Proceeds 2.17

For For Approve Guarantee Matters 2.18

For For Approve Depository of Raised Funds 2.19


For For Approve Issuance of Convertible Bonds 3

For For Approve Demonstration Analysis Report in Connection to Issuance of Convertible Bonds

4


5


6


7


8

For For Approve Shareholder Return Plan 9

For For Approve Rules and Procedures Regarding General Meetings of Convertible Bondholders

10

Vote Summary Report


Wen's Foodstuff Group Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Repurchase and Cancellation of Performance Shares

11

For For Approve Amendments to Articles of Association 12.1


12.2


12.3

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

12.4

For For Amend Management System of Raised Funds 12.5

Wipro Limited Meeting Date: 07/13/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Confirm Interim Dividend as Final Dividend 2

For For Reelect Azim H. Premji as Director 3

Against For Elect Thierry Delaporte as Director and Approve Appointment and Remuneration of Thierry Delaporte as Chief Executive Officer and Managing Director

4

Voter Rationale: Concerns over overall pay package.

Blended Rationale: Concerns over overall pay package.

For For Elect Deepak M. Satwalekar as Director 5

Wipro Limited Meeting Date: 07/13/2020 Country: India


Vote Summary Report


Wipro Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Reelect Azim H. Premji as Director 3

Against For Elect Thierry Delaporte as Director and Approve Appointment and Remuneration of Thierry Delaporte as Chief Executive Officer and Managing Director

4

Voter Rationale: Concerns over overall pay package.

Blended Rationale: Concerns over overall pay package.

For For Elect Deepak M. Satwalekar as Director 5

Bed Bath & Beyond Inc. Meeting Date: 07/14/2020 Country: USA

Meeting Type: Annual Ticker: BBBY

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Harriet Edelman For For

For For Elect Director Mark J. Tritton 1b

For For Elect Director John E. Fleming 1c

For For Elect Director Sue E. Gove 1d

For For Elect Director Jeffrey A. Kirwan 1e

For For Elect Director Johnathan B. (JB) Osborne 1f

For For Elect Director Harsha Ramalingam 1g

For For Elect Director Virginia P. Ruesterholz 1h

For For Elect Director Joshua E. Schechter 1i

For For Elect Director Andrea Weiss 1j

For For Elect Director Mary A. Winston 1k

For For Elect Director Ann Yerger 1l

For For Ratify KPMG LLP as Auditors 2

Vote Summary Report


Bed Bath & Beyond Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Advisory Vote to Ratify Named Executive Officers' Compensation

3

Chewy, Inc. Meeting Date: 07/14/2020 Country: USA

Meeting Type: Annual Ticker: CHWY

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Raymond Svider For For

Withhold For Elect Director Sharon McCollam 1.2

Blended Rationale: A WITHHOLD vote is warranted for Sharon McCollam given the board's failure to remove, or subject to a reasonable sunset requirement, the dual-class capital structure, classified board, and the pop-up supermajority vote requirement to enact certain changes to the governing documents, each of which adversely impacts shareholder rights.

For For Elect Director J.K. Symancyk 1.3



3

Blended Rationale: The minimum vesting period is less than three years. A vote AGAINST this proposal is warranted. High NEO pay levels were driven by large equity awards granted in connection with the IPO. While the proxy indicates that the grants were made in connection with the forfeiture of previously awarded profits interest units, it is not clear how the new awards relate to the value and terms of the forfeited awards. In addition, while the STI program was largely based on objective metrics, the specific targets and achieved values were not disclosed, which precludes an informed assessment of pay and performance linkage.

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

China CITIC Bank Corporation Limited Meeting Date: 07/14/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Change of Office and Residence and Amendments to the Related Terms of the Articles of Association

For For

Vote Summary Report


Continental AG Meeting Date: 07/14/2020 Country: Germany

Meeting Type: Annual Ticker: CON

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Discharge of Management Board Member Elmar Degenhart for Fiscal 2019

3.1

For For Approve Discharge of Management Board Member Hans-Juergen Duensing for Fiscal 2019

3.2

For For Approve Discharge of Management Board Member Frank Jourdan for Fiscal 2019

3.3

For For Approve Discharge of Management Board Member Christian Koetz for Fiscal 2019

3.4

For For Approve Discharge of Management Board Member Helmut Matschi for Fiscal 2019

3.5

For For Approve Discharge of Management Board Member Ariane Reinhart for Fiscal 2019

3.6

For For Approve Discharge of Management Board Member Wolfgang Schaefer for Fiscal 2019

3.7

For For Approve Discharge of Management Board Member Nikolai Setzer for Fiscal 2019

3.8

For For Approve Discharge of Supervisory Board Member Wolfgang Reitzle for Fiscal 2019

4.1

For For Approve Discharge of Supervisory Board Member Hasan Allak for Fiscal 2019

4.2

For For Approve Discharge of Supervisory Board Member Christiane Benner for Fiscal 2019

4.3

For For Approve Discharge of Supervisory Board Member Gunter Dunkel for Fiscal 2019

4.4

For For Approve Discharge of Supervisory Board Member Francesco Grioli for Fiscal 2019

4.5

For For Approve Discharge of Supervisory Board Member Peter Gutzmer for Fiscal 2019

4.6

For For Approve Discharge of Supervisory Board Member Michael Iglhaut for Fiscal 2019

4.7

For For Approve Discharge of Supervisory Board Member Satish Khatu for Fiscal 2019

4.8

For For Approve Discharge of Supervisory Board Member Isabel Knauf for Fiscal 2019

4.9

For For Approve Discharge of Supervisory Board Member Klaus Mangold for Fiscal 2019

4.10

Vote Summary Report


Continental AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Discharge of Supervisory Board Member Sabine Neuss for Fiscal 2019

4.11

For For Approve Discharge of Supervisory Board Member Rolf Nonnenmacher for Fiscal 2019

4.12

For For Approve Discharge of Supervisory Board Member Dirk Nordmann for Fiscal 2019

4.13

For For Approve Discharge of Supervisory Board Member Lorenz Pfau for Fiscal 2019

4.14

For For Approve Discharge of Supervisory Board Member Klaus Rosenfeld for Fiscal 2019

4.15

For For Approve Discharge of Supervisory Board Member Georg Schaeffler for Fiscal 2019

4.16

For For Approve Discharge of Supervisory Board Member Maria-Elisabeth Schaeffler-Thumann for Fiscal 2019

4.17

For For Approve Discharge of Supervisory Board Member Joerg Schoenfelder for Fiscal 2019

4.18

For For Approve Discharge of Supervisory Board Member Stefan Scholz for Fiscal 2019

4.19

For For Approve Discharge of Supervisory Board Member Gudrun Valten for Fiscal 2019

4.20

For For Approve Discharge of Supervisory Board Member Kirsten Voerkel for Fiscal 2019

4.21

For For Approve Discharge of Supervisory Board Member Elke Volkmann for Fiscal 2019

4.22

For For Approve Discharge of Supervisory Board Member Erwin Woerle for Fiscal 2019

4.23

For For Approve Discharge of Supervisory Board Member Siegfried Wolf for Fiscal 2019

4.24

For For Ratify KPMG AG as Auditors for Fiscal 2020 5


For For Approve Remuneration of Supervisory Board 7

easyJet Plc Meeting Date: 07/14/2020 Country: United Kingdom

Meeting Type: Special Ticker: EZJ

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Vote Summary Report


Eregli Demir ve Celik Fabrikalari TAS Meeting Date: 07/14/2020 Country: Turkey

Meeting Type: Annual Ticker: EREGL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Open Meeting and Elect Presiding Council of Meeting

For For

For For Authorize Presiding Council to Sign Minutes of Meeting

2

For For Accept Board Report 3

For For Accept Audit Report 4

For For Accept Financial Statements 5



For For Elect Directors 8

Against For Approve Director Remuneration 9

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

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

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

10

Against For Ratify External Auditors 11



Against For Approve Upper Limit of Donations for 2020 and Receive Information on Donations Made in 2019

13



For For Approve Share Repurchase Program 14

HICL Infrastructure PLC Meeting Date: 07/14/2020 Country: United Kingdom

Meeting Type: Annual Ticker: HICL

Vote Summary Report


HICL Infrastructure PLC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Re-elect Ian Russell as Director 2

For For Elect Rita Akushie as Director 3

For For Re-elect Mike Bane as Director 4

For For Re-elect Susanna Davies as Director 5

For For Re-elect Sally-Ann Farnon as Director 6

For For Re-elect Simon Holden as Director 7

For For Re-elect Frank Nelson as Director 8

For For Re-elect Kenneth Reid as Director 9





For For Approve Dividend Policy 14




17

Huchems Fine Chemical Corp. Meeting Date: 07/14/2020 Country: South Korea


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Appoint Hyeon Gi-chun as Internal Auditor For For

Vote Summary Report


Industria de Diseno Textil SA Meeting Date: 07/14/2020 Country: Spain

Meeting Type: Annual Ticker: ITX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Standalone Financial Statements For For

For For Approve Consolidated Financial Statements and Discharge of Board

2



For For Approve Dividends Charged Against Unrestricted Reserves

5

For For Reelect Pontegadea Inversiones SL as Director 6.a

For For Reelect Denise Patricia Kingsmill as Director 6.b

For For Ratify Appointment of and Elect Anne Lange as Director

6.c

For For Renew Appointment of Deloitte as Auditor 7

For For Amend Articles Re: Remote Attendance to General Meetings

8.a

For For Approve Restated Articles of Association 8.b

For For Amend Article 6 of General Meeting Regulations Re: Competences of General Meetings

9.a

For For Amend Articles of General Meeting Regulations Re: Remote Attendance

9.b

For For Approve Restated General Meeting Regulations 9.c

For For Advisory Vote on Remuneration Report 10


11

Iskenderun Demir ve Celik AS Meeting Date: 07/14/2020 Country: Turkey

Meeting Type: Annual Ticker: ISDMR

Vote Summary Report


Iskenderun Demir ve Celik AS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2











10

Against For Ratify External Auditors 11

Voter Rationale: Name of auditor is not disclosed.

Blended Rationale: Name of auditor is not disclosed.


13

Voter Rationale: Upper limit not disclosed.

Blended Rationale: Upper limit not disclosed.

Luz del Sur SA Meeting Date: 07/14/2020 Country: Peru

Meeting Type: Annual Ticker: LUSURC1

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


Luz del Sur SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Against For Elect Directors 3

Voter Rationale: Bundled resolution with a lack of disclosure.

Blended Rationale: Bundled resolution with a lack of disclosure.

For For Appoint Auditors 4

For For Approve Remuneration of Directors 5



Mapletree Logistics Trust Meeting Date: 07/14/2020 Country: Singapore

Meeting Type: Annual Ticker: M44U

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 PricewaterhouseCoopers LLP as Auditors and Authorize Manager to Fix Their Remuneration

2

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

3



Ming Yang Smart Energy Group Co., Ltd. Meeting Date: 07/14/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Han Yu as Non-Independent Director For For

Vote Summary Report


QinetiQ Group plc Meeting Date: 07/14/2020 Country: United Kingdom

Meeting Type: Annual Ticker: QQ

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Lynn Brubaker as Director 4

For For Re-elect Sir James Burnell-Nugent as Director 5

For For Re-elect Michael Harper as Director 6

For For Elect Shonaid Jemmett-Page as Director 7

For For Re-elect Neil Johnson as Director 8

For For Re-elect Ian Mason as Director 9

For For Re-elect Susan Searle as Director 10

For For Re-elect David Smith as Director 11

For For Re-elect Steve Wadey as Director 12

For For Reappoint PricewaterhouseCoopers LLP as Auditors

13


14


15



17


18



20

State Bank of India Meeting Date: 07/14/2020 Country: India


Vote Summary Report


State Bank of India

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

State Bank of India Meeting Date: 07/14/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

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

For For

Vistry Group Plc Meeting Date: 07/14/2020 Country: United Kingdom

Meeting Type: Special Ticker: VTY

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve the Bonus Issue For For

For For Authorise Issue of Bonus Issue Shares 2

Air Partner Plc Meeting Date: 07/15/2020 Country: United Kingdom

Meeting Type: Annual Ticker: AIR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Vote Summary Report


Air Partner Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Mark Briffa as Director 3

For For Re-elect Joanne Estell as Director 4

For For Re-elect Ed Warner as Director 5

For For Re-elect Amanda Wills as Director 6

For For Re-elect Paul Dollman as Director 7


8

For For Authorise the Audit and Risk Committee to Fix Remuneration of Auditors

9



11


12



14

Allied Properties (HK) Limited Meeting Date: 07/15/2020 Country: Hong Kong


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Scheme of Arrangement and Related Transactions

For For

For For Approve Special Dividend and Authorize Any One of the Directors of the Company to do All Acts and Things and to Take Such Steps

2

Allied Properties (HK) Limited Meeting Date: 07/15/2020 Country: Hong Kong

Meeting Type: Court Ticker: 56

Vote Summary Report


Allied Properties (HK) Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Scheme of Arrangement For For

Ashmore SICAV - Emerging Markets Total Return Fund Meeting Date: 07/15/2020 Country: Luxembourg

Meeting Type: Special Ticker: J71N6L.F

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Change Location of Registered Office to 10 rue du Chateau d'Eau, L-3364 Leudelange, Luxemboug as from 30 June 2020

For For

For For Amend Article 2 Re: Possibility of Transfer of the Registered Office

2


Voter Rationale: Other business not disclosed.

Blended Rationale: Other business not disclosed.

Burberry Group Plc Meeting Date: 07/15/2020 Country: United Kingdom

Meeting Type: Annual Ticker: BRBY

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Dr Gerry Murphy as Director 4

For For Re-elect Marco Gobbetti as Director 5

For For Re-elect Julie Brown as Director 6

For For Re-elect Fabiola Arredondo as Director 7

Vote Summary Report


Burberry Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Sam Fischer as Director 8

For For Re-elect Ron Frasch as Director 9

For For Re-elect Matthew Key as Director 10

For For Elect Debra Lee as Director 11

For For Re-elect Dame Carolyn McCall as Director 12

For For Re-elect Orna NiChionna as Director 13

For For Appoint Ernst & Young LLP as Auditors 14


15

For For Approve Burberry Share Plan 16


17



19



21

Castrol India Limited Meeting Date: 07/15/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Reelect Rashmi Joshi as Director 2


For For Approve Reappointment and Remuneration of Omer Dormen as Managing Director

4

Against For Approve Reappointment and Remuneration of Jayanta Chatterjee as Wholetime Director

5

Voter Rationale: Concerns over pay package.

Blended Rationale: Concerns over pay package.

Vote Summary Report


Castrol India Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect R. Gopalakrishnan as Director 6

For For Reelect Uday Khanna as Director 7

For For Elect Rakesh Makhija as Director 8

For For Elect Sandeep Sangwan as Director 9

For For Approve Appointment and Remuneration of Sandeep Sangwan as Managing Director

10

For For Approve Payment of Remuneration (Other than Sitting Fees) to Non-Executive Directors

11

Compania de Minas Buenaventura SAA Meeting Date: 07/15/2020 Country: Peru

Meeting Type: Annual Ticker: BUENAVC1

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Annual Report For For

For For Approve Financial Statements 2


For For Amend Articles 4

Against For Amend Remuneration Policy 5



For For Appoint Auditors 6

For For Elect Roque Benavides as Director 7.1

For For Elect Felipe Ortiz de Zevallos as Director 7.2

For For Elect Nicole Bernex as Director 7.3

For For Elect William Champion as Director 7.4

For For Elect Diego de La Torre as Director 7.5

For For Elect Jose Miguel Morales as Director 7.6

For For Elect Marco Antonio Zaldivar as Director 7.7

Vote Summary Report


Greene King Finance Plc Meeting Date: 07/15/2020 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



Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


Johnson Electric Holdings Ltd. Meeting Date: 07/15/2020 Country: Bermuda


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Winnie Wing-Yee Mak Wang as Director 3a

For For Elect Patrick Blackwell Paul as Director 3b

For For Elect Christopher Dale Pratt as Director 3c


4


5


6






Mapletree Industrial Trust Meeting Date: 07/15/2020 Country: Singapore

Meeting Type: Annual Ticker: ME8U

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

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

For For

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

2

Vote Summary Report


Mapletree Industrial Trust Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


3



Oriental Holdings Berhad Meeting Date: 07/15/2020 Country: Malaysia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Final and Special Dividend For For

For For Elect Robert Wong Lum Kong, DSSA, JP as Director

2

Against For Elect Sharifah Intan Binti S M Aidid as Director 3

Voter Rationale: Lack of independence.

Blended Rationale: Lack of independence.

For For Elect Ghazi Bin Ishak as Director 4

Against For Elect Yoshitaka Nakamura as Director 5




For For Approve KPMG PLT as Auditors and Authorize Board to Fix Their Remuneration

7

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions

8

For For Authorize Share Repurchase Program 9

For For Approve Mary Geraldine Phipps to Continue Office as Independent Non-Executive Director

10

For For Approve Ghazi Bin Ishak to Continue Office as Senior Independent Non-Executive Director

11

Vote Summary Report


PT Indofood CBP Sukses Makmur Tbk Meeting Date: 07/15/2020 Country: Indonesia

Meeting Type: Annual Ticker: ICBP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports and Report on Use of Proceeds

For For



For For Approve Remuneration of Directors and Commissioners

4

For For Approve Auditors and Authorize Board to Fix Their Remuneration

5

PT Indofood Sukses Makmur Tbk Meeting Date: 07/15/2020 Country: Indonesia

Meeting Type: Annual Ticker: INDF

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Annual Report and Statutory Reports For For

For For Accept Financial Statement 2



4

For For Approve Purwantono, Sungkoro & Surja as Auditors and Authorize Board to Fix Their Remuneration

5

Reliance Industries Ltd. Meeting Date: 07/15/2020 Country: India


Vote Summary Report


Reliance Industries Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.a Accept Financial Statements and Statutory Reports

For For


1.b

For For Approve Dividends 2

For For Reelect Hital R. Meswani as Director 3

For For Reelect P.M.S. Prasad as Director 4

For For Approve Reappointment and Remuneration of Hital R. Meswani as a Whole-time Director

5

For For Elect K. V. Chowdary as Director 6


Severn Trent Plc Meeting Date: 07/15/2020 Country: United Kingdom

Meeting Type: Annual Ticker: SVT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Kevin Beeston as Director 4

For For Re-elect James Bowling as Director 5

For For Re-elect John Coghlan as Director 6

For For Re-elect Olivia Garfield as Director 7

For For Elect Christine Hodgson as Director 8

For For Elect Sharmila Nebhrajani as Director 9

For For Re-elect Dominique Reiniche as Director 10

For For Re-elect Philip Remnant as Director 11

For For Re-elect Angela Strank as Director 12

Vote Summary Report


Severn Trent Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



14


15



17


18



20

Shakey's Pizza Asia Ventures, Inc. Meeting Date: 07/15/2020 Country: Philippines

Meeting Type: Annual Ticker: PIZZA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Minutes of Previous Meeting For For

For For Approve Annual Report 2

For For Ratify Acts of the Board of Directors and Officers

3

For For Elect Christopher T. Po as Director 4.1

For For Elect Ricardo Gabriel T. Po as Director 4.2

For For Elect Teodoro Alexander T. Po as Director 4.3

For For Elect Leonardo Arthur T. Po as Director 4.4

For For Elect Vicente L. Gregorio as Director 4.5

For For Elect Eileen Grace Z. Araneta as Director 4.6

For For Elect Fernan Victor P. Lukban as Director 4.7

For For Elect Frances J. Yu as Director 4.8

For For Elect Paulo L. Campos, III as Director 4.9

Vote Summary Report


Shakey's Pizza Asia Ventures, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect SGV & Co. as Independent Auditor and Fix Its Remuneration

5

Against For Approve Other Matters 6



Sino Biopharmaceutical Ltd. Meeting Date: 07/15/2020 Country: Cayman Islands


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Bonus Issue For For

For For Approve Increase in Authorized Share Capital 2

Sundaram Finance Holdings Ltd. Meeting Date: 07/15/2020 Country: India

Meeting Type: Annual Ticker: SUNDARMHLD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Final Dividend and Interim Dividend 2

For For Reelect Harsha Viji as Director 3

Against For Approve Appointment and Remuneration of S. Ravi as Manager to be Designated as Chief Executive Officer

4

Voter Rationale: Concerns over remuneration package.

Blended Rationale: Concerns over remuneration package.

Vote Summary Report


VMware, Inc. Meeting Date: 07/15/2020 Country: USA

Meeting Type: Annual Ticker: VMW

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Anthony Bates For For


2


For For Ratify PricewaterhouseCoopers LLP as Auditors 3

Admie Holdings (IPTO) SA Meeting Date: 07/16/2020 Country: Greece

Meeting Type: Annual Ticker: ADMIE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Approve Management of Company and Grant Discharge to Auditors

3

For For Approve Director Remuneration 4


For For Approve Auditors and Fix Their Remuneration 6


Abstain None Elect a Shareholder-Nominee to the Board 8.1







Vote Summary Report


Admie Holdings (IPTO) SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Authorize Board to Participate in Companies with Similar Business Interests

9

Alkane Resources Ltd. Meeting Date: 07/16/2020 Country: Australia

Meeting Type: Special Ticker: ALK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve the Demerger Resolution For For

Against For Approve Early Vesting of Performance Rights Upon Implementation of the Demerger

2

Voter Rationale: Local market standards support pro rata vesting of incentive awards based on performance achieved and portion of the vesting period expired up to the time of the reorganisation of capital. Acceleration of vesting without regard for performance is inconsistent with shareholders expectations.

Blended Rationale: Local market standards support pro rata vesting of incentive awards based on performance achieved and portion of the vesting period expired up to the time of the reorganisation of capital. Acceleration of vesting without regard for performance is inconsistent with shareholders expectations.

AusNet Services Ltd. Meeting Date: 07/16/2020 Country: Australia

Meeting Type: Annual Ticker: AST

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2a Elect Ralph Craven as Director For For

For For Elect Sally Farrier as Director 2b

For For Elect Nora Scheinkestel as Director 2c


For For Approve Renewal of Proportional Takeover Provision

4

For For Approve Grant of Performance Rights and Deferred Rights to Tony Narvaez

5

For For Approve the Issuance of Up to 10 Percent of the Company's Issued Capital

6

Vote Summary Report


AusNet Services Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Issuance of Shares Under the Dividend Reinvestment Plan

7

For For Approve Issuance of Shares Under the Employee Incentive Scheme

8

Boyaa Interactive International Limited Meeting Date: 07/16/2020 Country: Cayman Islands


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For Against

Voter Rationale: Concerns over accuracy of financial statements.

Blended Rationale: Concerns over accuracy of financial statements.

For For Elect Dai Zhikang as Director 2a1

For For Elect Choi Hon Keung Simon as Director 2a2

For For Elect Kong Fanwei as Director 2b


2c

For For Approve Zhonghui Anda CPA Limited as Auditor and Authorize Board to Fix Their Remuneration

3



5






BT Group Plc Meeting Date: 07/16/2020 Country: United Kingdom

Meeting Type: Annual Ticker: BT.A

Vote Summary Report


BT Group Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Jan du Plessis as Director 4

For For Re-elect Philip Jansen as Director 5

For For Re-elect Simon Lowth as Director 6

For For Re-elect Iain Conn as Director 7

For For Re-elect Isabel Hudson as Director 8

For For Re-elect Mike Inglis as Director 9

For For Re-elect Matthew Key as Director 10

For For Re-elect Allison Kirkby as Director 11

For For Elect Adel Al-Saleh as Director 12

For For Elect Sir Ian Cheshire as Director 13

For For Elect Leena Nair as Director 14

For For Elect Sara Weller as Director 15



17



19


20



22


23

For For Approve Employee Sharesave Plan 24

For For Approve International Employee Sharesave Plan 25

For For Approve Employee Stock Purchase Plan 26

Vote Summary Report


BT Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Restricted Share Plan 27

For For Approve Deferred Bonus Plan 28


Computer Modelling Group Ltd. Meeting Date: 07/16/2020 Country: Canada

Meeting Type: Annual Ticker: CMG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Fix Number of Directors at Eight For For

For For Elect Director Judith J. Athaide 2.1

For For Elect Director Kenneth M. Dedeluk 2.2

For For Elect Director Christopher L. Fong 2.3

Withhold For Elect Director Patrick R. Jamieson 2.4

Voter Rationale: Chair of the nominating committee and insufficient gender diversity

Blended Rationale: Chair of the nominating committee and insufficient gender diversity

For For Elect Director Peter H. Kinash 2.5

For For Elect Director Mark R. Miller 2.6

For For Elect Director Ryan N. Schneider 2.7

For For Elect Director John B. Zaozirny 2.8


3

For For Re-approve Stock Option Plan 4

For For Re-approve Performance Share Unit and Restricted Share Unit Plan

5

Electrocomponents Plc Meeting Date: 07/16/2020 Country: United Kingdom

Meeting Type: Annual Ticker: ECM

Vote Summary Report


Electrocomponents Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Joan Wainwright as Director 3

For For Re-elect Bertrand Bodson as Director 4

For For Re-elect Louisa Burdett as Director 5

For For Re-elect David Egan as Director 6

For For Re-elect Karen Guerra as Director 7

For For Re-elect Peter Johnson as Director 8

For For Re-elect Bessie Lee as Director 9

For For Re-elect Simon Pryce as Director 10

For For Re-elect Lindsley Ruth as Director 11

For For Re-elect David Sleath as Director 12


13




16


17



19

Ennis, Inc. Meeting Date: 07/16/2020 Country: USA

Meeting Type: Annual Ticker: EBF

Vote Summary Report


Ennis, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Aaron Carter For For

For For Elect Director Gary S. Mozina 1.2

For For Elect Director Keith S. Walters 1.3

For For Ratify Grant Thornton LLP as Auditors 2


3

For For Other Business 4

IsraCard Ltd. Meeting Date: 07/16/2020 Country: Israel

Meeting Type: Special Ticker: ISCD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Termination of BDO Ziv Haft as Joint Auditors

For For

For For Renew Amended Employment Terms of Eyal Desheh, chairman

2

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

Vote Summary Report


KION GROUP AG Meeting Date: 07/16/2020 Country: Germany

Meeting Type: Annual Ticker: KGX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


3


4

For For Ratify Deloitte GmbH as Auditors for Fiscal 2020 5

Against For Elect Jiang Kui to the Supervisory Board 6.1



For For Elect Christina Reuter to the Supervisory Board 6.2

For For Elect Hans Ring to the Supervisory Board 6.3

Against For Elect Xu Ping to the Supervisory Board 6.4



For For Approve Creation of EUR 11.8 Million Pool of Capital with Preemptive Rights

7

For For Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds with Preemptive Rights up to Aggregate Nominal Amount of EUR 1 Billion; Approve Creation of EUR 11.8 Million Pool of Capital to Guarantee Conversion Rights

8

For For Amend Corporate Purpose 9

For For Amend Articles Re: Supervisory Board Remuneration

10

For For Approve Affiliation Agreement with Dematic Holdings GmbH

11

Leyard Optoelectronic Co., Ltd. Meeting Date: 07/16/2020 Country: China


Vote Summary Report


Leyard Optoelectronic Co., Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Provision of Guarantee For For

For For Approve Provision of Guarantee for Company's Credit Line Application

2

Mapletree North Asia Commercial Trust Meeting Date: 07/16/2020 Country: Singapore

Meeting Type: Annual Ticker: RW0U

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

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

2


3



Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

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

1

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

2

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

3

Vote Summary Report


Marshall Motor Holdings plc Meeting Date: 07/16/2020 Country: United Kingdom

Meeting Type: Annual Ticker: MMH

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Elect Nicky Dulieu as Director 2

For For Re-elect Christopher Walkinshaw as Director 3

For For Appoint BDO LLP as Auditors 4


For For Authorise Issue of Equity Pursuant to the Performance Share Plan

6


For For Authorise Issue of Equity without Pre-emptive Rights Pursuant to the Performance Share Plan

8


Mavi Giyim Sanayive ve Ticaret AS Meeting Date: 07/16/2020 Country: Turkey

Meeting Type: Annual Ticker: MAVI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For





For For Approve Director Remuneration 7

For For Ratify External Auditors 8


Vote Summary Report


Mavi Giyim Sanayive ve Ticaret AS Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Upper Limit of Donations for the Current Fiscal Year and Receive Information on Donations Made in Previous Fiscal Year

10

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

12

Nordex SE Meeting Date: 07/16/2020 Country: Germany

Meeting Type: Special Ticker: NDX1

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Creation of EUR 26.2 Million Pool of Capital with Partial Exclusion of Preemptive Rights

For For

For For Approve Creation of EUR 16 Million Pool of Capital with Preemptive Rights

2

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 350 Million; Approve Creation of EUR 18.4 Million Pool of Capital to Guarantee Conversion Rights

3

Red Star Macalline Group Corporation Ltd. Meeting Date: 07/16/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Satisfaction of the Conditions for the Public Issuance of Corporate Bonds to Professional Investors

For For

For For Approve Issue Scale, Par Value and Issue Price 2.01

Vote Summary Report


Red Star Macalline Group Corporation Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Method and Target of Issuance 2.02

For For Approve Bond Interest Rate and Determination Method

2.03

For For Approve Maturity Term and Type of Bonds 2.04


For For Approve Underwriting Method 2.06

For For Approve Guarantee 2.07

For For Approve Protective Measures for Repayment, Redemption Terms or Repurchase Terms

2.08

For For Approve Place of Listing 2.09

For For Approve Validity Period of the Resolutions 2.10

For For Authorize Board and Its Authorized Persons to Handle Matters in Relation to the Public Issuance of Corporate Bonds

3

For For Approve Issuance of Domestic Debt Financing Instruments

4

SL Corp. Meeting Date: 07/16/2020 Country: South Korea


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Kim Doh-seong as Outside Director For For

For For Elect Kim Doh-seong as a Member of Audit Committee

2

Sok Marketler Ticaret AS Meeting Date: 07/16/2020 Country: Turkey

Meeting Type: Annual Ticker: SOKM

Vote Summary Report


Sok Marketler Ticaret AS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2





For For Ratify Director Appointment 7




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

Blended Rationale: Remuneration not disclosed so unable to make an informed decision.

For For Approve Upper Limit of Donations for 2020 and Receive Information on Donations Made in 2019

12


14

AFC Energy Plc Meeting Date: 07/17/2020 Country: United Kingdom

Meeting Type: Special Ticker: AFC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




3

Vote Summary Report


China Yuchai International Limited Meeting Date: 07/17/2020 Country: Bermuda

Meeting Type: Annual Ticker: CYD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

3.1 Elect Kwek Leng Peck as Director For Withhold



Withhold For Elect Gan Khai Choon as Director 3.2



Withhold For Elect Hoh Weng Ming as Director 3.3



For For Elect Neo Poh Kiat as Director 3.4

Withhold For Elect Yan Ping as Director 3.5



Withhold For Elect Han Yiyong as Director 3.6



For For Elect Ho Raymond Chi-Keung as Director 3.7

Withhold For Elect Tan Eng Kwee as Director 3.8



For For Elect Xie Tao as Director 3.9

For For Adopt Financial Statements and Directors' and Auditors' Reports

1

For For Approve Increase in the Limit of Directors' Fees 2

Against For Authorize Board to Appoint Up to the Maximum of 11 Directors

4

Voter Rationale: After the AGM, the board will be less than 50% independent and there is no guarantee that any new members will be independent.

Blended Rationale: After the AGM, the board will be less than 50% independent and there is no guarantee that any new members will be independent.

Vote Summary Report


China Yuchai International Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

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

5

Companhia de Transmissao de Energia Eletrica Paulista Meeting Date: 07/17/2020 Country: Brazil

Meeting Type: Special Ticker: TRPL4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Raquel Mazal Krauss as Alternate Fiscal Council Member Appointed by Preferred Shareholder

None For

DCC Plc Meeting Date: 07/17/2020 Country: Ireland

Meeting Type: Annual Ticker: DCC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



Voter Rationale: EPS in bonus and LTIP, lack of disclosure of personal targets.

Blended Rationale: EPS in bonus and LTIP, lack of disclosure of personal targets.


Voter Rationale: EPS in bonus and LTIP, lack of disclosure of personal targets.

Blended Rationale: EPS in bonus and LTIP, lack of disclosure of personal targets.

For For Re-elect Mark Breuer as Director 5(a)

For For Re-elect Caroline Dowling as Director 5(b)

For For Elect Tufan Erginbilgic as Director 5(c)

Vote Summary Report


DCC Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Re-elect David Jukes as Director 5(d)

Voter Rationale: Poor remuneration practices.

Blended Rationale: Poor remuneration practices.

For For Re-elect Pamela Kirby as Director 5(e)

For For Re-elect Jane Lodge as Director 5(f)

For For Re-elect Cormac McCarthy as Director 5(g)

For For Re-elect John Moloney as Director 5(h)

For For Re-elect Donal Murphy as Director 5(i)

For For Re-elect Mark Ryan as Director 5(j)




8


9

For For Authorise Market Purchase of Shares 10

For For Authorise Reissuance Price Range of Treasury Shares

11

For For Amend Long Term Incentive Plan 12

E*TRADE Financial Corporation Meeting Date: 07/17/2020 Country: USA

Meeting Type: Special Ticker: ETFC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Merger Agreement For For

Against For Advisory Vote on Golden Parachutes 2

Voter Rationale: Not supportive of golden parachutes.

Blended Rationale: Not supportive of golden parachutes.

For For Adjourn Meeting 3

Vote Summary Report


ENGIE Brasil Energia SA Meeting Date: 07/17/2020 Country: Brazil

Meeting Type: Special Ticker: EGIE3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Manoel Eduardo Lima Lopes as Independent Director

For For

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

2

For None Percentage of Votes to Be Assigned - Elect Manoel Eduardo Lima Lopes as Independent Director

3

Equatorial Energia SA Meeting Date: 07/17/2020 Country: Brazil

Meeting Type: Annual Ticker: EQTL3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3

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

4


5



7

Vote Summary Report



Meeting Type: Special Ticker: EQTL3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Article 6 to Reflect Changes in Capital For For

For For Amend Article 26 2

For For Consolidate Bylaws 3


4


Meeting Type: Special Ticker: EQTL3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Article 3 Re: Corporate Purpose For For



3

First Pacific Company Limited Meeting Date: 07/17/2020 Country: Bermuda


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Proposed Acquisition and Related Transactions

For Against

Voter Rationale: Potential conflict of interest.

Blended Rationale: Potential conflict of interest.

Vote Summary Report


HomeServe Plc Meeting Date: 07/17/2020 Country: United Kingdom

Meeting Type: Annual Ticker: HSV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Re-elect Barry Gibson as Director 5

For For Re-elect Richard Harpin as Director 6

For For Re-elect David Bower as Director 7

For For Re-elect Tom Rusin as Director 8

For For Re-elect Katrina Cliffe as Director 9

For For Re-elect Stella David as Director 10

For For Re-elect Edward Fitzmaurice as Director 11

For For Re-elect Olivier Grémillon as Director 12

For For Re-elect Ron McMillan as Director 13





17


18



20

K3 Capital Group Plc Meeting Date: 07/17/2020 Country: United Kingdom

Meeting Type: Special Ticker: K3C

Vote Summary Report


K3 Capital Group Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Authorise Issue of Equity in Connection with the Company Placing and the PrimaryBid Offer

For For

For For Authorise Issue of Equity without Pre-emptive Rights in Connection with the Company Placing and the PrimaryBid Offer

2

Odey Investments plc - Odey Swan Fund Meeting Date: 07/17/2020 Country: Ireland

Meeting Type: Annual Ticker: DB8RDP.F

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Ratify Deloitte as Auditors For For


Turkiye Garanti Bankasi AS Meeting Date: 07/17/2020 Country: Turkey

Meeting Type: Annual Ticker: GARAN

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



Against For Accept Financial Statements 4

Voter Rationale: Qualified auditors opinion as extra provision is not in line with Turkish accounting standards.

Blended Rationale: Qualified auditors opinion as extra provision is not in line with Turkish accounting standards.

Vote Summary Report


Turkiye Garanti Bankasi AS Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Amend Article 7 Re: Capital Related 5

Voter Rationale: The stock that could be issued may exceed 10% of outstanding capital.

Blended Rationale: The stock that could be issued may exceed 10% of outstanding capital.

Against For Approve Discharge of Board 6










13


14

Turkiye Garanti Bankasi AS Meeting Date: 07/17/2020 Country: Turkey

Meeting Type: Annual Ticker: GARAN

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



Against For Accept Financial Statements 4



Vote Summary Report


Turkiye Garanti Bankasi AS Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Amend Article 7 Re: Capital Related 5

Voter Rationale: The stock that could be issued represents more than 10% of outstanding capital.

Blended Rationale: The stock that could be issued represents more than 10% of outstanding capital.

Against For Approve Discharge of Board 6





For For Receive Information on Director Appointment 9


For For Receive Information on Remuneration Policy 11





13


14

Against For Receive Information in Accordance to Article 1.3.6 of Capital Market Board Corporate Governance Principles

15



XCMG Construction Machinery Co., Ltd. Meeting Date: 07/17/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Issuance of Super Short-term Commercial Papers

For For

Vote Summary Report


XCMG Construction Machinery Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve to Establish Xuzhou Xugong Industrial M&A Partnership Enterprise (Limited Partnership) and Related Party Transactions

2

HDFC Bank Limited Meeting Date: 07/18/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Standalone Financial Statements and Statutory Reports

For For


2

For For Approve Special Interim Dividend 3

For For Reelect Kaizad Bharucha as Director 4

For For Authorize Board to Fix Remuneration of MSKA & Associates, Chartered Accountants as Statutory Auditors

5

For For Authorize Board to Ratify Additional Remuneration for MSKA & Associates, Chartered Accountants

6

For For Reelect Malay Patel as Director 7

For For Approve Reappointment and Remuneration of Kaizad Bharucha as Executive Director

8

For For Elect Renu Karnad as Director 9

For For Approve Related Party Transactions with Housing Development Finance Corporation Limited

10

For For Approve Related Party Transactions with HDB Financial Services Limited

11

For For Authorize Issuance of Unsecured Perpetual Debt Instruments, Tier II Capital Bonds and Long Term Bonds on Private Placement Basis

12

Larsen & Toubro Infotech Limited Meeting Date: 07/18/2020 Country: India


Vote Summary Report


Larsen & Toubro Infotech Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Reelect A.M. Naik as Director 3

Against For Reelect R Shankar Raman as Director 4



For For Elect Aruna Sundararajan as Director 5

For For Approve Reappointment and Remuneration of Sanjay Jalona as Chief Executive Officer and Managing Director

6

Cellnex Telecom SA Meeting Date: 07/20/2020 Country: Spain

Meeting Type: Annual Ticker: CLNX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For





For For Renew Appointment of Deloitte as Auditor 6

For For Approve Grant of Shares to CEO 7.1

For For Approve Extraordinary Bonus for CEO 7.2

For For Maintain Number of Directors at 12 8.1

For For Reelect Concepcion del Rivero Bermejo as Director

8.2

For For Ratify Appointment of and Elect Franco Bernabe as Director

8.3

Vote Summary Report


Cellnex Telecom SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Ratify Appointment of and Elect Mamoun Jamai as Director

8.4

For For Ratify Appointment of and Elect Christian Coco as Director

8.5

For For Authorize Increase in Capital up to 50 Percent via Issuance of Equity or Equity-Linked Securities, Excluding Preemptive Rights of up to 10 Percent

9

For For Authorize Issuance of Convertible Bonds, Debentures, Warrants, and Other Debt Securities with Exclusion of Preemptive Rights up to 10 Percent of Capital

10


11


Hitachi Construction Machinery Co., Ltd. Meeting Date: 07/20/2020 Country: Japan


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Okuhara, Kazushige For For

For For Elect Director Kikuchi, Maoko 1.2

For For Elect Director Toyama, Haruyuki 1.3

For For Elect Director Hirakawa, Junko 1.4

For For Elect Director Katsurayama, Tetsuo 1.5

For For Elect Director Takahashi, Hideaki 1.6

For For Elect Director Tabuchi, Michifumi 1.7

For For Elect Director Toyoshima, Seishi 1.8

For For Elect Director Hirano, Kotaro 1.9

For For Elect Director Minami, Kuniaki 1.10

Pyxus International, Inc. Meeting Date: 07/20/2020 Country: USA

Meeting Type: Written Consent Ticker: PYXSQ

Vote Summary Report


Pyxus International, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Vote On The Plan (For = Accept, Against = Reject; Abstain Votes Do Not Count)

For For

For For Opt Out Of The Third-party Release (For = Opt Out, Against Or Abstain = Do Not Opt Out)

2

Topsports International Holdings Limited Meeting Date: 07/20/2020 Country: Cayman Islands


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3

For For Elect Yu Wu as Director 4a1

For For Elect Sheng Baijiao as Director 4a2

For For Elect Sheng Fang as Director 4a3

For For Elect Chow Kyan Mervyn as Director 4a4

For For Elect Yung Josephine Yuen Ching as Director 4a5

For For Elect Hu Xiaoling as Director 4a6

Against For Elect Lam Yiu Kin as Director 4a7

Voter Rationale: Overboarding concerns.

Blended Rationale: Overboarding concerns.

For For Elect Hua Bin as Director 4a8

Against For Elect Huang Victor as Director 4a9




4b

Vote Summary Report


Topsports International Holdings Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


5







Zijin Mining Group Co., Ltd. Meeting Date: 07/20/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Satisfaction of the Conditions for the Public Issuance of A Share Convertible Corporate Bonds of the Company

For For

For For Approve Type of Securities to be Issued 2.01

For For Approve Size of the Issuance 2.02


For For Approve Term of the A Share Convertible Corporate Bonds

2.04

For For Approve Coupon Rate of the A Share Convertible Corporate Bonds

2.05

For For Approve Timing and Method of Repayment of Principal and Interest Payment

2.06


For For Approve Determination and Adjustment of the Conversion Price

2.08

For For Approve Terms of Downward Adjustment to Conversion Price

2.09

For For Approve Method for Determining the Number of A Shares for Conversion and Treatment for Remaining Balance of the A Share Convertible Corporate Bonds Which is Insufficient to be Converted into One A Share

2.10


Vote Summary Report


Zijin Mining Group Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Terms of Sale Back 2.12

For For Approve Entitlement to Dividend in the Year of Conversion

2.13

For For Approve Method of the Issuance and Target Subscribers

2.14

For For Approve Subscription Arrangement for the Existing A Shareholders

2.15

For For Approve Relevant Matters of Bondholders' Meetings

2.16


For For Approve Rating 2.18

For For Approve Management and Deposit for Proceeds Raised

2.19

For For Approve Guarantee and Security 2.20

For For Approve Validity Period of the Resolution of the Issuance

2.21

For For Approve Plan of the Public Issuance of A Share Convertible Corporate Bonds of the Company

3

For For Approve Feasibility Report on the Use of Proceeds Raised in the Public Issuance ofA Share Convertible Corporate Bonds of the Company

4

For For Approve Specific Report on the Use of Proceeds Previously Raised of the Company (as at 31 December 2019)

5.01

For For Approve Specific Report on the Use of Proceeds Previously Raised of the Company (as at 31 March 2020)

5.02

For For Approve Recovery Measures and Undertakings by Relevant Parties in Relation to Dilutive Impact on Immediate Returns of the Public Issuance of A Share Convertible Corporate Bonds of the Company

6

For For Approve Profit Distribution and Return Plan for the Next Three Years (Year 2020-2022) of the Company

7

For For Approve Formulation of Rules for A Share Convertible Corporate Bondholders' Meetings of the Company

8

For For Approve Possible Connected Transactions of Subscriptions of A Share Convertible Corporate Bonds Under the Public Issuance by the Substantial Shareholder, Directors and Supervisors and/or the Directors Under the Employee Stock Ownership Scheme

9

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Authorization to the Board of Directors or Its Authorized Persons to Handle All the Matters Relating to the Public Issuance of A Share Convertible Corporate Bonds of the Company

10

For For Approve Provision of Guarantee for Financing to Gold Mountains (H.K.) International Mining Company Limited

11

For For Approve Provision of Guarantees for Financing for Acquisition and Construction of Julong Copper

12

Zijin Mining Group Co., Ltd. Meeting Date: 07/20/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.01 Approve Type of Securities to be Issued For For

For For Approve Size of the Issuance 1.02


For For Approve Term of the A Share Convertible Corporate Bonds

1.04

For For Approve Coupon Rate of the A Share Convertible Corporate Bonds

1.05

For For Approve Timing and Method of Repayment of Principal and Interest Payment

1.06


For For Approve Determination and Adjustment of the Conversion Price

1.08

For For Approve Terms of Downward Adjustment to Conversion Price

1.09

For For Approve Method for Determining the Number of A Shares for Conversion and Treatment for Remaining Balance of the A Share Convertible Corporate Bonds Which is Insufficient to be Converted into One A Share

1.10


For For Approve Terms of Sale Back 1.12

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Entitlement to Dividend in the Year of Conversion

1.13

For For Approve Method of the Issuance and Target Subscribers

1.14

For For Approve Subscription Arrangement for the Existing A Shareholders

1.15

For For Approve Relevant Matters of Bondholders' Meetings

1.16


For For Approve Rating 1.18

For For Approve Management and Deposit for Proceeds Raised

1.19

For For Approve Guarantee and Security 1.20

For For Approve Validity Period of the Resolution of the Issuance

1.21

For For Approve Plan of the Public Issuance of A Share Convertible Corporate Bonds of the Company

2

For For Approve Authorization to the Board of Directors or Its Authorized Persons to Handle All the Matters Relating to the Public Issuance of A Share Convertible Corporate Bonds of the Company

3

AVEVA Group Plc Meeting Date: 07/21/2020 Country: United Kingdom

Meeting Type: Annual Ticker: AVV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



Voter Rationale: Multiple of salary excessive.

Blended Rationale: Multiple of salary excessive.

Vote Summary Report


AVEVA Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Amend Long Term Incentive Plan 4

Voter Rationale: Multiple of salary excessive.

Blended Rationale: Multiple of salary excessive.


For For Approve Global Employee Share Purchase Plan 6

For For Elect Olivier Blum as Director 7

For For Re-elect Craig Hayman as Director 8

For For Re-elect Peter Herweck as Director 9

For For Re-elect Philip Aiken as Director 10

For For Re-elect James Kidd as Director 11

For For Re-elect Jennifer Allerton as Director 12

For For Re-elect Christopher Humphrey as Director 13

For For Re-elect Ron Mobed as Director 14

For For Re-elect Paula Dowdy as Director 15






20


21

Bajaj Finance Limited Meeting Date: 07/21/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Vote Summary Report


Bajaj Finance Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect Madhurkumar Ramkrishnaji Bajaj as Director

3

For For Approve Reappointment and Remuneration of Rajeev Jain as Managing Director

4

For For Authorize Issuance of Non-Convertible Debentures on Private Placement Basis

5

Bajaj Finserv Limited Meeting Date: 07/21/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Reelect Rajivnayan Rahulkumar Bajaj as Director

3


Constellation Brands, Inc. Meeting Date: 07/21/2020 Country: USA

Meeting Type: Annual Ticker: STZ

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Christy Clark For For

For For Elect Director Jennifer M. Daniels 1.2

Withhold For Elect Director Jerry Fowden 1.3

Blended Rationale: WITHHOLD votes are warranted for incumbent Corporate Governance Committee members James Locke III, Jeremy (Jerry) Fowden and Judy Schmeling given concerns regarding the board's oversight function in light of a significant increase in pledging activity.

For For Elect Director Ernesto M. Hernandez 1.4

For For Elect Director Susan Somersille Johnson 1.5

Vote Summary Report


Constellation Brands, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Withhold For Elect Director James A. Locke, III 1.6

Blended Rationale: When key committees (audit, remuneration, nomination) are less than 100% independent, vote against non-independent non-executive directors on the committeesWITHHOLD votes are warranted for incumbent Corporate Governance Committee members James Locke III, Jeremy (Jerry) Fowden and Judy Schmeling given concerns regarding the board's oversight function in light of a significant increase in pledging activity.

For For Elect Director Jose Manuel Madero Garza 1.7

For For Elect Director Daniel J. McCarthy 1.8

For For Elect Director William A. Newlands 1.9

For For Elect Director Richard Sands 1.10

For For Elect Director Robert Sands 1.11

Withhold For Elect Director Judy A. Schmeling 1.12

Blended Rationale: WITHHOLD votes are warranted for incumbent Corporate Governance Committee members James Locke III, Jeremy (Jerry) Fowden and Judy Schmeling given concerns regarding the board's oversight function in light of a significant increase in pledging activity.

For For Ratify KPMG LLP as Auditor 2


3


HDFC Life Insurance Company limited Meeting Date: 07/21/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Reelect Renu Sud Karnad as Director 2

For For Authorize Board to Fix Remuneration of Price Waterhouse Chartered Accountants LLP and G. M. Kapadia & Co. as Joint Auditors

3

For For Elect Stephanie Bruce as Director 4

Housing Development Finance Corporation Limited Meeting Date: 07/21/2020 Country: India


Vote Summary Report


Housing Development Finance Corporation Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Employee Stock Option Scheme - 2020 and Issuance of Shares to Eligible Employees and Directors Under the Scheme

2

Iliad SA Meeting Date: 07/21/2020 Country: France

Meeting Type: Annual/Special Ticker: ILD

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 disclosure around the valuation of Free Mobile shares.

Blended Rationale: Lack of disclosure around the valuation of Free Mobile shares.

Against For Approve Transaction with Holdco Re. Entertainment Convention

5

Voter Rationale: Lack of disclosure around rationale.

Blended Rationale: Lack of disclosure around rationale.

Against For Approve Transaction with Cyril Poidatz Re. Tripartite Agreement

6

Voter Rationale: Lack of disclosure around rationale.

Blended Rationale: Lack of disclosure around rationale.

For For Reelect Cyril Poidatz as Director 7

For For Reelect Thomas Reynaud as Director 8

For For Elect Jacques Veyrat as Director 9

For For Elect Celine Lazorthes as Director 10

Vote Summary Report


Iliad SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


11

For For Approve Compensation Report 12

For For Approve Compensation of Maxime Lombardini, Chairman of the Board

13

For For Approve Compensation of Thomas Reynaud, CEO

14

For For Approve Compensation of Xavier Niel, Vice-CEO 15

For For Approve Compensation of Rani Assaf, Vice-CEO 16

For For Approve Compensation of Antoine Levavasseur, Vice-CEO

17

For For Approve Compensation of Alexis Bidinot, Vice-CEO Until Dec. 9, 2020

18


19

Against For Approve Remuneration Policy of CEO 20

Voter Rationale: Lack of disclosure around the CEO's remuneration due to agreement with holding company, as well as a performance period of just 2 years.

Blended Rationale: Lack of disclosure around the CEO's remuneration due to agreement with holding company, as well as a performance period of just 2 years.

For For Approve Remuneration Policy of Vice-CEOs 21



23

Against For Authorize up to 2 Percent of Issued Capital for Use in Restricted Stock Plans

24

Voter Rationale: Lack of disclosure around the performance conditions used in the plan.

Blended Rationale: Lack of disclosure around the performance conditions used in the plan.

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

25

Voter Rationale: Lack of disclosure around the performance conditions used in the plan.

Blended Rationale: Lack of disclosure around the performance conditions used in the plan.


26


27

For For Amend Article 13 of Bylaws Re: Board Composition

28

For For Amend Article 17 of Bylaws Re: Board Meetings 29

Vote Summary Report


Iliad SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Amend Article 21 of Bylaws Re: Agreement Between Company and Director, CEO, Vice-CEo or Shareholder

30

For For Amend Article 26 of Bylaws Re: Board Meetings - Powers

31

For For Amend Article 27 of Bylaws Re: Board Meetings Attendance - Minutes

32

For For Fix Nominal Value of Shares in Bylaws and Subsequent Capitalization of Reserves

33


34

Intermediate Capital Group Plc Meeting Date: 07/21/2020 Country: United Kingdom

Meeting Type: Annual Ticker: ICP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Appoint Ernst & Young LLP as Auditors 4


5


For For Re-elect Vijay Bharadia as Director 7

For For Re-elect Benoit Durteste as Director 8

For For Re-elect Virginia Holmes as Director 9

For For Re-elect Michael Nelligan as Director 10

For For Re-elect Kathryn Purves as Director 11

For For Re-elect Amy Schioldager as Director 12

For For Re-elect Andrew Sykes as Director 13

For For Re-elect Stephen Welton as Director 14

For For Elect Lord Davies of Abersoch as Director 15

Vote Summary Report


Intermediate Capital Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Antje Hensel-Roth as Director 16

For For Approve Omnibus Plan 17

For For Approve Deal Vintage Bonus Plan 18



20


21



23


Onex Corporation Meeting Date: 07/21/2020 Country: Canada

Meeting Type: Annual/Special Ticker: ONEX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Ratify PricewaterhouseCoopers LLP as Auditors For For

For For Authorize Board to Fix Remuneration of Auditors 2

For For Elect Director William A. Etherington 3.1

For For Elect Director Mitchell Goldhar 3.2

For For Elect Director Arianna Huffington 3.3

For For Elect Director Arni C. Thorsteinson 3.4

For For Elect Director Beth A. Wilkinson 3.5

For For Advisory Vote on Executive Compensation Approach

4

For For Adopt By-Law No. 4 5

Vote Summary Report


Ted Baker Plc Meeting Date: 07/21/2020 Country: United Kingdom

Meeting Type: Annual Ticker: TED

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Elect Rachel Osborne as Director 4

For For Elect David Wolffe as Director 5

For For Elect John Barton as Director 6

For For Elect Jonathan Kempster as Director 7

For For Re-elect Helena Feltham as Director 8

For For Re-elect Andrew Jennings as Director 9


For For Authorise the Audit & Risk Committee to Fix Remuneration of Auditors

11

For For Approve the Ted Baker Deferred Bonus Plan 2020

12

For For Approve the Ted Baker Long Term Incentive Plan 2020

13

For For Approve the Ted Baker Incentive Plan 2020 14

For For Approve the Ted Baker Sharesave Scheme 2020 15

For For Approve Increase in Limit on Aggregate Fees Payable to Non-Executive Directors

16



18


19


20

Vote Summary Report


Toppan Printing Co., Ltd. Meeting Date: 07/21/2020 Country: Japan


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Kaneko, Shingo For For

For For Elect Director Maro, Hideharu 1.2

For For Elect Director Maeda, Yukio 1.3

For For Elect Director Okubo, Shinichi 1.4

For For Elect Director Arai, Makoto 1.5

For For Elect Director Ezaki, Sumio 1.6

For For Elect Director Ueki, Tetsuro 1.7

For For Elect Director Yamano, Yasuhiko 1.8

For For Elect Director Nakao, Mitsuhiro 1.9

For For Elect Director Kotani, Yuichiro 1.10

For For Elect Director Sakai, Kazunori 1.11

For For Elect Director Saito, Masanori 1.12

For For Elect Director Kurobe, Takashi 1.13

Against For Elect Director Noma, Yoshinobu 1.14

Blended Rationale: Outside director not classified as independent by ISS AND additional criteria that outsiders with tenures 9> not considered independent

For For Elect Director Toyama, Ryoko 1.15

For For Elect Director Nakabayashi, Mieko 1.16

For For Appoint Statutory Auditor Kakiuchi, Keiko 2

Ulker Biskuvi Sanayi AS Meeting Date: 07/21/2020 Country: Turkey

Meeting Type: Annual Ticker: ULKER

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


Ulker Biskuvi Sanayi AS Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


2







Against For Amend Company Article 10 10

Voter Rationale: Not in shareholders best interests.

Blended Rationale: Not in shareholders best interests.

For For Approve Profit Distribution Policy 11



13




15

Vodacom Group Ltd. Meeting Date: 07/21/2020 Country: South Africa

Meeting Type: Annual Ticker: VOD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

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

For For

For For Elect Khumo Shuenyane as Director 2

For For Elect Leanne Wood as Director 3

For For Elect Pierre Klotz as Director 4

For For Elect Clive Thomson as Director 5

Vote Summary Report


Vodacom Group Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Vivek Badrinath as Director 6

For For Re-elect Shameel Aziz Joosub as Director 7

For For Reappoint Ernst & Young Inc. as Auditors with Vinodhan Pillay as the Individual Registered Auditor

8


For For Approve Implementation of the Remuneration Policy

10

For For Re-elect David Brown as Member of the Audit, Risk and Compliance Committee

11

For For Elect Clive Thomson as Member of the Audit, Risk and Compliance Committee

12

For For Elect Khumo Shuenyane as Member of the Audit, Risk and Compliance Committee

13

For For Elect Nomkhita Ngweni as Member of the Audit, Risk and Compliance Committee

14

For For Authorise Repurchase of Issued Share Capital 15

For For Approve Increase in Non-Executive Directors' Fees

16

Young & Co.'s Brewery Plc Meeting Date: 07/21/2020 Country: United Kingdom

Meeting Type: Annual Ticker: YNGA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Elect Mike Owen as Director 4

For For Elect Simon Dodd as Director 5

For For Re-elect Tracy Dodd as Director 6

For For Re-elect Nick Miller as Director 7

For For Authorise Political Donations and Expenditure 8


Vote Summary Report


Young & Co.'s Brewery Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


10


Alembic Pharmaceuticals Limited Meeting Date: 07/22/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Confirm Interim Dividend (Including Special Dividend)

2

For For Reelect Pranav Amin as Director 3

For For Approve K. C. Mehta & Co., Chartered Accountants as Auditors and Authorize Board to Fix Their Remuneration

4

For For Approve Remuneration of Cost Auditor 5


6

Against For Approve Revision in Terms of Appointment of Udit Amin

7

Voter Rationale: Quantum concerns.

Blended Rationale: Quantum concerns.

Bajaj Auto Limited Meeting Date: 07/22/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Vote Summary Report


Bajaj Auto Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Reelect Madhurkumar Ramkrishnaji Bajaj as Director

3



For For Reelect Shekhar Bajaj as Director 4

Against For Approve Reappointment and Remuneration of Rajivnayan Rahulkumar Bajaj as Managing Director & Chief Executive Officer

5

Voter Rationale: Concerns over remuneration structure.

Blended Rationale: Concerns over remuneration structure.

For For Reelect Gita Piramal as Director 6

For For Elect Abhinav Bindra as Director 7

Experian Plc Meeting Date: 07/22/2020 Country: Jersey

Meeting Type: Annual Ticker: EXPN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Dr Ruba Borno as Director 4

For For Re-elect Brian Cassin as Director 5

For For Re-elect Caroline Donahue as Director 6

For For Re-elect Luiz Fleury as Director 7

For For Re-elect Deirdre Mahlan as Director 8

For For Re-elect Lloyd Pitchford as Director 9

For For Re-elect Mike Rogers as Director 10

For For Re-elect George Rose as Director 11

For For Re-elect Kerry Williams as Director 12


Vote Summary Report


Experian Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




16


17


Goodman Property Trust Meeting Date: 07/22/2020 Country: New Zealand

Meeting Type: Annual Ticker: GMT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Susan Paterson as Director of the Manager For Against

Blended Rationale: The nominee is non-independent and the full board comprises less than 50% independents.The nominee is a non-independent member of the audit committee and the committee comprises less than 50% independents.A vote AGAINST the re-election of Susan Paterson is warranted because she is considered to be overboarded.

HarbourVest Global Private Equity Ltd. Meeting Date: 07/22/2020 Country: Guernsey

Meeting Type: Annual Ticker: HVPE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Francesca Barnes as Director 3

For For Reelect Carolina Espinal as Director 4

For For Re-elect Alan Hodson as Director 5

For For Re-elect Andrew Moore as Director 6

Vote Summary Report


HarbourVest Global Private Equity Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Edmond Warner as Director 7

For For Re-elect Steven Wilderspin as Director 8

For For Re-elect Peter Wilson as Director 9

For For Ratify Ernst & Young LLP as Auditors 10



Holcim Philippines, Inc. Meeting Date: 07/22/2020 Country: Philippines

Meeting Type: Annual Ticker: HLCM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Minutes of the Previous Annual Stockholders' Meeting Held on May 24, 2019

For For

For For Approve the Annual Report and Audited Financial Statements of the Company for Period Ended December 31, 2019

2

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

3

Withhold For Elect Tomas I. Alcantara as Director 4.1



Withhold For Elect Martin Kriegner as Director 4.2



For For Elect John William Stull as Director 4.3

Withhold For Elect Rajani Kesari as Director 4.4



For For Elect Thomas Aquino as Director 4.5

For For Elect Leandro D. Javier as Director 4.6

Vote Summary Report


Holcim Philippines, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Appoint External Auditor 5




Leopalace21 Corp. Meeting Date: 07/22/2020 Country: Japan


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Miyao, Bunya For For

For For Elect Director Ashida, Shigeru 1.2

For For Elect Director Hayashima, Mayumi 1.3

For For Elect Director Kodama, Tadashi 1.4

For For Elect Director Taya, Tetsuji 1.5

For For Elect Director Koga, Hisafumi 1.6

For For Elect Director Fujita, Kazuyasu 1.7

For For Elect Director Nakamura, Yutaka 1.8

For For Elect Director Watanabe, Akira 1.9

For For Appoint Statutory Auditor Samejima, Kenichiro 2.1

For For Appoint Statutory Auditor Murakami, Yoshitaka 2.2

For For Appoint Alternate Statutory Auditor Kawasaki, Nobuo

3

Link Real Estate Investment Trust Meeting Date: 07/22/2020 Country: Hong Kong


Vote Summary Report


Link Real Estate Investment Trust

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

3.1 Elect Peter Tse Pak Wing as Director For For

For For Elect Nancy Tse Sau Ling as Director 3.2

For For Elect Elaine Carole Young as Director 3.3

For For Elect Ng Kok Siong as Director 4.1

For For Authorize Repurchase of Issued Units 5

For For Approve Amended Scope of Permitted Investments and the Corresponding Investment Scope Trust Deed Amendments

6

LondonMetric Property Plc Meeting Date: 07/22/2020 Country: United Kingdom

Meeting Type: Annual Ticker: LMP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For





For For Re-elect Patrick Vaughan as Director 6

For For Re-elect Andrew Jones as Director 7

For For Re-elect Martin McGann as Director 8

For For Re-elect James Dean as Director 9

For For Re-elect Rosalyn Wilton as Director 10

For For Re-elect Andrew Livingston as Director 11

For For Re-elect Suzanne Avery as Director 12

For For Re-elect Robert Fowlds as Director 13


Vote Summary Report


LondonMetric Property Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


15


16



18

Lumyna Funds - Lumyna - Sandbar Global Eq Mkt Neutral Ucits Fd Meeting Date: 07/22/2020 Country: Luxembourg

Meeting Type: Annual Ticker: N/A

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

2

For For Approve Discharge of Directors 3

For For Re-elect Paul Guillaume as Independent Director 4.1

For For Re-elect Claude Kremer as Independent Director 4.2

For For Re-elect Philippe Lopategui as Director 4.3

For For Re-elect Thomas Nummer as Independent Director

4.4

For For Renew Appointment of PricewaterhouseCoopers as Auditor

5

For For Approve Remuneration of Independent Directors

6

Magazine Luiza SA Meeting Date: 07/22/2020 Country: Brazil

Meeting Type: Special Ticker: MGLU3

Vote Summary Report


Magazine Luiza SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Ratify Capital Increase without Preemptive Rights Approved at the Oct. 30, 2019 Board Meeting

For For

For For Rectify Remuneration of Company's Management Approved at the April 12, 2019, AGM

2


Mapletree Commercial Trust Meeting Date: 07/22/2020 Country: Singapore

Meeting Type: Annual Ticker: N2IU

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve PricewaterhouseCoopers LLP as Auditor and Authorize Manager to Fix Their Remuneration

2


3

Voter Rationale: Excessive potential dilution for a larger REIT.

Blended Rationale: Excessive potential dilution for a larger REIT.

Mediclinic International Plc Meeting Date: 07/22/2020 Country: United Kingdom

Meeting Type: Annual Ticker: MDC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Vote Summary Report


Mediclinic International Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For Elect Dame Inga Beale as Director 4

For For Elect Tom Singer as Director 5

For For Re-elect Dr Ronnie van der Merwe as Director 6

For For Re-elect Jurgens Myburgh as Director 7

For For Re-elect Alan Grieve as Director 8

For For Re-elect Dr Muhadditha Al Hashimi as Director 9

For For Re-elect Jannie Durand as Director 10

For For Re-elect Dr Felicity Harvey as Director 11

For For Re-elect Danie Meintjes as Director 12

For For Re-elect Dr Anja Oswald as Director 13

For For Re-elect Trevor Petersen as Director 14


15


16


17



19


20


21



Meeting Type: Annual Ticker: PETR4

Vote Summary Report


Petroleo Brasileiro SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Capital Budget 2


For For Fix Number of Directors at 11 4

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?

5

Abstain For Elect Directors 6

Voter Rationale: Focusing votes on minority candidates.

Blended Rationale: Focusing votes on minority candidates.

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

7


8

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

9.1

For None Percentage of Votes to Be Assigned - Elect Roberto da Cunha Castello Branco as Director

9.2

For None Percentage of Votes to Be Assigned - Elect Joao Cox Neto as Independent Director

9.3

For None Percentage of Votes to Be Assigned - Elect Maria Claudia Mello Guimaraes as Independent Director

9.4

For None Percentage of Votes to Be Assigned - Elect Nivio Ziviani as Independent Director

9.5

For None Percentage of Votes to Be Assigned - Elect Omar Carneiro da Cunha Sobrinho as Independent Director

9.6

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

9.7

For None Percentage of Votes to Be Assigned - Elect Paulo Cesar de Souza e Silva as Director

9.8


10

For None Percentage of Votes to Be Assigned - Elect Leonardo Pietro Antonelli as Director

11

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Eduardo Bacellar Leal Ferreira as Board Chairman

12

For For Fix Number of Fiscal Council Members at Five 13

Abstain For Elect Fiscal Council Members 14




15

For None Elect Marcelo Gasparino da Silva as Fiscal Council Member and Paulo Roberto Evangelista de Lima as Alternate Appointed by Minority Shareholder

16

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

17




18



Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Rodrigo de Mesquita Pereira as Director Appointed by Preferred Shareholder

None Abstain

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?

2

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

For None Elect Daniel Alves Ferreira as Fiscal Council Member and Michele da Silva Gonsales Torres as Alternate Appointed by Preferred Shareholder

3


4



Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

5.1 Elect Sonia Julia Sulzbeck Villalobos as Director Appointed by Preferred Shareholder

None For

Abstain None Elect Rodrigo de Mesquita Pereira as Director Appointed by Preferred Shareholder

5.2


8

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For None Elect Sonia Julia Sulzbeck Villalobos as Director Appointed by Preferred Shareholder

5.1

Abstain None Elect Rodrigo de Mesquita Pereira as Director Appointed by Preferred Shareholder

5.2


8



Vote Summary Report



Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




Abstain For Elect Directors 5a1

Voter Rationale: Concentrating votes on minority candidates.

Blended Rationale: Concentrating votes on minority candidates.


5a2

Abstain None APPLIES ONLY IF CUMULATIVE VOTING IS ADOPTED - Votes Will Be Automatically Distributed in Equal % Amongst The Nominees: Vote FOR to support the nominees under SLATE A. Vote AGAINST to support the nominees under SLATE B. Otherwise, vote ABSTAIN.

5a3

For None Elect Marcelo Mesquita de Siqueira Filho as Director Appointed by Minority Shareholder

5b1


6


Abstain For Elect Fiscal Council Members 8a1




8a2


8b


9



Vote Summary Report



Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2019

1




Abstain For Elect Directors 5a1

Voter Rationale: Concentrating votes on minority candidates.

Blended Rationale: Concentrating votes on minority candidates.


5a2

Abstain None APPLIES ONLY IF CUMULATIVE VOTING IS ADOPTED - Votes Will Be Automatically Distributed in Equal % Amongst The Nominees: Vote FOR to support the nominees under SLATE A. Vote AGAINST to support the nominees under SLATE B. Otherwise, vote ABSTAIN.

5a3

For None Elect Marcelo Mesquita de Siqueira Filho as Director Appointed by Minority Shareholder

5b1


6


Abstain For Elect Fiscal Council Members 8a1




8a2


8b


9



Vote Summary Report


President Energy Plc Meeting Date: 07/22/2020 Country: United Kingdom

Meeting Type: Annual Ticker: PPC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Re-elect Robert Shepherd as Director 2

For For Re-elect Jorge Bongiovanni as Director 3

For For Elect Martin Urdapilleta as Director 4



6

Shandong Weigao Group Medical Polymer Company Limited Meeting Date: 07/22/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve 2019 Audited Consolidated Financial Statements

For For

For For Approve 2019 Report of the Board of Directors 2

For For Approve 2019 Report of the Supervisory Committee

3


For For Approve Deloitte Touche Tohmatsu as Auditor and Authorize Board to Fix Their Remuneration

5

For For Authorize Board to Fix Remuneration of Directors, Supervisors and Senior Management

6

For For Elect Zhang Hua Wei as Director 7

For For Elect Wang Yi as Director 8

For For Elect Zhou Shu Hua as Director 9

For For Elect Hu Yun Yong as Supervisor 10

Vote Summary Report


Shandong Weigao Group Medical Polymer Company Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Gu Mei Jun as Supervisor 11

Against For Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for H Shares

12



For For Authorize Repurchase of Issued H Share Capital 13


Siemens Gamesa Renewable Energy SA Meeting Date: 07/22/2020 Country: Spain

Meeting Type: Annual Ticker: SGRE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Consolidated and Standalone Management Reports

2




For For Ratify Appointment of and Elect Andreas C. Hoffmann as Director

6

For For Ratify Appointment of and Elect Tim Oliver Holt as Director

7

For For Ratify Appointment of and Elect Harald von Heynitz as Director

8

For For Ratify Appointment of and Elect Maria Ferraro as Director

9

For For Ratify Appointment of and Elect Andreas Nauen as Director

10


For For Renew Appointment of Ernst & Young as Auditor

12


Vote Summary Report


Siemens Gamesa Renewable Energy SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Authorize Increase in Capital up to 50 Percent via Issuance of Equity or Equity-Linked Securities, Excluding Preemptive Rights of up to 20 Percent

14

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

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

For For Authorize Issuance of Non-Convertible Bonds/Debentures and/or Other Debt Securities up to EUR 2 Billion and Issuance of Notes up to EUR 800 Million

15

Against For Authorize Issuance of Convertible Bonds, Debentures, Warrants, and Other Debt Securities up to EUR 1.5 Billion with Exclusion of Preemptive Rights up to 20 Percent of Capital

16

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

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

For For Amend Remuneration Policy 17

For For Amend Articles of General Meeting Regulations Re: Right of Information and Intervention at General Meetings

18.1

For For Amend Article 15 of General Meeting Regulations Re: Public Request for Representation

18.2

For For Amend Articles of General Meeting Regulations Re: Technical Improvements

18.3

For For Amend Article 20 and Add New Provision to General Meeting Regulations Re: Remote Attendance at General Meetings

18.4


19


Sundaram Finance Ltd. Meeting Date: 07/22/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


Sundaram Finance Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Final Dividend and Interim Dividend 2

For For Reelect A N Raju as Director 3

For For Reelect Harsha Viji as Director 4

For For Approve Reappointment and Remuneration of Harsha Viji as Deputy Managing Director

5

For For Approve Appointment and Remuneration of Rajiv C Lochan as Director - Strategy

6

Wincanton Plc Meeting Date: 07/22/2020 Country: United Kingdom

Meeting Type: Annual Ticker: WIN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Elect Mihiri Jayaweera as Director 4

For For Elect James Wroath as Director 5

For For Re-elect Gill Barr as Director 6

For For Re-elect Paul Dean as Director 7

For For Re-elect Tim Lawlor as Director 8

For For Re-elect Debbie Lentz as Director 9

For For Re-elect Stewart Oades as Director 10

For For Re-elect Dr Martin Read as Director 11



For For Amend Long-Term Incentive Plan 14


15


Vote Summary Report


Wincanton Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


17



19

WUS Printed Circuit (Kunshan) Co., Ltd. Meeting Date: 07/22/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Repurchase and Cancellation of Performance Shares

For For


For For Approve Additional Foreign Exchange Derivatives Transaction

3

C&C Group Plc Meeting Date: 07/23/2020 Country: Ireland

Meeting Type: Annual Ticker: CCR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Re-elect Jill Caseberry as Director 2a

For For Re-elect Helen Pitcher as Director 2b

For For Re-elect Jim Thompson as Director 2c

For For Re-elect Stewart Gilliland as Director 2d

For For Re-elect Andrea Pozzi as Director 2e

For For Re-elect Jonathan Solesbury as Director 2f

For For Re-elect Jim Clerkin as Director 2g

Vote Summary Report


C&C Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Vincent Crowley as Director 2h

For For Re-elect Emer Finnan as Director 2i





6


7


For For Determine Price Range for Reissuance of Treasury Shares

9

For For Approve Scrip Dividend Scheme 10

Exact Sciences Corporation Meeting Date: 07/23/2020 Country: USA

Meeting Type: Annual Ticker: EXAS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Eli Casdin For For

For For Elect Director James E. Doyle 1.2

For For Elect Director Freda Lewis-Hall 1.3

For For Elect Director Kathleen G. Sebelius 1.4

For For Ratify PricewaterhouseCoopers, LLP as Auditors 2


3


For For Increase Authorized Common Stock 4

Vote Summary Report


Halyk Savings Bank of Kazakhstan JSC Meeting Date: 07/23/2020 Country: Kazakhstan

Meeting Type: Special Ticker: HSBK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Meeting Agenda For For


HDFC Asset Management Company Limited Meeting Date: 07/23/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Declare Dividend 2

Against For Reelect James Aird as Director 3



For For Reelect Deepak Parekh as Director 4

Against For Authorize Board to Fix Remuneration of B S R & Co. LLP, Chartered Accountants as Auditors

5

Voter Rationale: Excessive non-audit fees.

Blended Rationale: Excessive non-audit fees.

For For Elect Shashi Kant Sharma as Director 6

For For Approve Employees Stock Option Scheme - 2020 and Issuance of Shares to Eligible Employees Under the Scheme

7

For For Approve Reappointment and Remuneration of Milind Barve as Managing Director

8

Helical Plc Meeting Date: 07/23/2020 Country: United Kingdom

Meeting Type: Annual Ticker: HLCL

Vote Summary Report


Helical Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Richard Grant as Director 3

For For Re-elect Gerald Kaye as Director 4

For For Re-elect Tim Murphy as Director 5

For For Re-elect Matthew Bonning-Snook as Director 6

For For Re-elect Sue Clayton as Director 7

For For Re-elect Richard Cotton as Director 8

For For Re-elect Joe Lister as Director 9

For For Re-elect Sue Farr as Director 10



12




15


16



18

Immunodiagnostic Systems Holdings Plc Meeting Date: 07/23/2020 Country: United Kingdom

Meeting Type: Annual Ticker: IDH

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


Immunodiagnostic Systems Holdings Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction



3





7


Johnson Matthey Plc Meeting Date: 07/23/2020 Country: United Kingdom

Meeting Type: Annual Ticker: JMAT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For





For For Elect Doug Webb as Director 6

For For Re-elect Jane Griffiths as Director 7

For For Re-elect Xiaozhi Liu as Director 8

For For Re-elect Robert MacLeod as Director 9

For For Re-elect Anna Manz as Director 10

For For Re-elect Chris Mottershead as Director 11

For For Re-elect John O'Higgins as Director 12

For For Re-elect Patrick Thomas as Director 13


14

Vote Summary Report


Johnson Matthey Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


15


16



18


19



21

JSW Steel Limited Meeting Date: 07/23/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Dividend on 0.01 Percent Cumulative Redeemable Preference Shares

2

For For Approve Dividend on Equity Shares 3

For For Reelect Vinod Nowal as Director 4


For For Reelect Malay Mukherjee as Director 6

Against For Reelect Haigreve Khaitan as Director 7



For For Approve Reappointment and Remuneration of Seshagiri Rao M.V.S. as Whole-time Director Designated as Jt. Managing Director and Group CFO

8

For For Approve Issuance of Specified Securities to Qualified Institutional Buyers

9

Vote Summary Report


JSW Steel Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Issuance of Foreign Currency Convertible Bonds / Global Depository Receipts / American Depository Receipts/ Warrants and/or Other Instruments Convertible into Equity Shares

10

Marvell Technology Group Ltd. Meeting Date: 07/23/2020 Country: Bermuda

Meeting Type: Annual Ticker: MRVL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1A Elect Director Tudor Brown For For

For For Elect Director Brad Buss 1B

For For Elect Director Edward Frank 1C

For For Elect Director Richard S. Hill 1D

For For Elect Director Bethany Mayer 1E

For For Elect Director Matthew J. Murphy 1F

For For Elect Director Michael Strachan 1G

For For Elect Director Robert E. Switz 1H


2

For For Approve Deloitte & Touche LLP as Auditors and Authorize Board to Fix Their Remuneration

3

Mphasis Limited Meeting Date: 07/23/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Vote Summary Report


Mphasis Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Reelect David Lawrence Johnson as Director 3

For For Reelect Amit Dalmia as Director 4

For For Reelect Jan Kathleen Hier as Director 5

Against For Amend Employee Stock Option Plan 2016 6

Voter Rationale: The exercise price of the options can be fixed at a 20 percent discount to market price.

Blended Rationale: The exercise price of the options can be fixed at a 20 percent discount to market price.

Against For Approve Extension of Benefits of Mphasis Employee Stock Option Plan 2016 to Eligible Employees of the Subsidiary Companies

7

Voter Rationale: Accelerated vesting.

Blended Rationale: Accelerated vesting.

PT Bank Pembangunan Daerah Jawa Timur Tbk Meeting Date: 07/23/2020 Country: Indonesia

Meeting Type: Special Ticker: BJTM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Busrul Iman as Director For For

Against For Elect Erdianto Sigit Cahyono as Director 2

Voter Rationale: Supported the election of Busrul Iman.

Blended Rationale: Supported the election of Busrul Iman.

For For Elect President Director 3

For For Change Board Terms for Directors and Commissioners and Amend Articles of Association

4

Tate & Lyle Plc Meeting Date: 07/23/2020 Country: United Kingdom

Meeting Type: Annual Ticker: TATE

Vote Summary Report


Tate & Lyle Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Re-elect Dr Gerry Murphy as Director 5

For For Re-elect Nick Hampton as Director 6

For For Re-elect Imran Nawaz as Director 7

For For Re-elect Paul Forman as Director 8

For For Re-elect Lars Frederiksen as Director 9

For For Re-elect Anne Minto as Director 10

For For Re-elect Kimberly Nelson as Director 11

For For Re-elect Dr Ajai Puri as Director 12

For For Re-elect Sybella Stanley as Director 13

For For Re-elect Warren Tucker as Director 14



16


17

For For Approve Sharesave Plan 18

For For Approve Performance Share Plan 19



21


22



24

Vote Summary Report


Telecom Plus Plc Meeting Date: 07/23/2020 Country: United Kingdom

Meeting Type: Annual Ticker: TEP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Charles Wigoder as Director 4

Against For Re-elect Julian Schild as Director 5

Voter Rationale: Head of audit with excessive tenure.

Blended Rationale: Head of audit with excessive tenure.

For For Re-elect Andrew Lindsay as Director 6

For For Re-elect Nicholas Schoenfeld as Director 7

For For Re-elect Andrew Blowers as Director 8

For For Re-elect Beatrice Hollond as Director 9

For For Re-elect Melvin Lawson as Director 10






15


16


17


18


Vp Plc Meeting Date: 07/23/2020 Country: United Kingdom

Meeting Type: Annual Ticker: VP

Vote Summary Report


Vp Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Re-elect Jeremy Pilkington as Director 2

For For Re-elect Neil Stothard as Director 3

For For Re-elect Allison Bainbridge as Director 4

For For Re-elect Stephen Rogers as Director 5

For For Re-elect Philip White as Director 6


7





For For Amend Long Term Incentive Plan 12

CCL Products (India) Limited Meeting Date: 07/24/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Confirm First and Second Interim Dividend 2

For For Reelect Lanka Krishnanand as Director 3

For For Reelect B. Mohan Krishna as Director 4

For For Elect Venkata Krishna Rau Gogineni as Director 5

For For Approve Reappointment and Remuneration of Challa Rajendra Prasad as Executive Chairman

6


Vote Summary Report


CCL Products (India) Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Increase in Limit on Shareholdings of Non-Resident Individuals

8

Great Portland Estates Plc Meeting Date: 07/24/2020 Country: United Kingdom

Meeting Type: Annual Ticker: GPOR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Re-elect Toby Courtauld as Director 5

For For Re-elect Nick Sanderson as Director 6

For For Re-elect Richard Mully as Director 7

For For Re-elect Charles Philipps as Director 8

For For Re-elect Wendy Becker as Director 9

For For Elect Vicky Jarman as Director 10

For For Re-elect Nick Hampton as Director 11

For For Re-elect Alison Rose as Director 12



14



16


17



19

Vote Summary Report


Great Portland Estates Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Increase in the Maximum Aggregate Fees Payable to Non-executive Directors

20

For For Approve Deferred Share Bonus Plan 21

For For Approve Long Term Incentive Plan 22

For For Approve Save As You Earn Plan 23


Intouch Holdings Public Co. Ltd. Meeting Date: 07/24/2020 Country: Thailand

Meeting Type: Annual Ticker: INTUCH

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Matters to be Informed For For

For For Acknowledge Board of Directors' Report 2

For For Approve Financial Statements 3

For For Acknowledge Interim Dividend Payment and Omission of Dividend Payment

4

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

5

For For Elect Kan Trakulhoon as Director 6.1

For For Elect Manida Zinmerman as Director 6.2

For For Elect Anek Pana-apichon as Director 6.3






Kingfisher Plc Meeting Date: 07/24/2020 Country: United Kingdom

Meeting Type: Annual Ticker: KGF

Vote Summary Report


Kingfisher Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Bernard Bot as Director 3

For For Elect Thierry Garnier as Director 4

For For Re-elect Andrew Cosslett as Director 5

For For Re-elect Claudia Arney as Director 6

For For Re-elect Jeff Carr as Director 7

For For Re-elect Sophie Gasperment as Director 8

For For Re-elect Rakhi Goss-Custard as Director 9

For For Re-elect Mark Seligman as Director 10



12


13



15


16



18

Payden Global Funds plc - Payden Absolute Return Bond Fund Meeting Date: 07/24/2020 Country: Ireland

Meeting Type: Annual Ticker: XD3V8R.F

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Ratify Deloitte Ireland LLP as Auditors For For

Vote Summary Report


Payden Global Funds plc - Payden Absolute Return Bond Fund Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


PayPoint Plc Meeting Date: 07/24/2020 Country: United Kingdom

Meeting Type: Annual Ticker: PAY

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Elect Ben Wishart as Director 5

For For Re-elect Gill Barr as Director 6

For For Re-elect Giles Kerr as Director 7

For For Re-elect Rakesh Sharma as Director 8

For For Re-elect Nick Wiles as Director 9





13


14



16

For For Amend Restricted Share Plan 17

Vote Summary Report


PT Selamat Sempurna Tbk Meeting Date: 07/24/2020 Country: Indonesia

Meeting Type: Annual Ticker: SMSM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3

For For Approve Auditors 4

Against For Amend Article 3 of the Articles of Association in Relation with Main Business Activity

5



Against For Amend Articles of Association 6



PT Unilever Indonesia Tbk Meeting Date: 07/24/2020 Country: Indonesia

Meeting Type: Annual Ticker: UNVR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



3

For For Elect Ignasius Jonan as Commissioner 4a1

For For Elect Badri Narayanan as Director 4a2

For For Elect Hemant Bakshi as Director 4a3

For For Elect Arif Hudaya as Director 4a4

For For Elect Jochanan Senf as Director 4.5

Vote Summary Report


PT Unilever Indonesia Tbk Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Ira Noviarti as Director 4a6

For For Elect Enny Hartati as Director 4a7

For For Elect Willy Saelan as Director 4a8

For For Elect Hernie Raharja as Director 4a9

For For Elect Sancoyo Antarikso as Director 4a10

For For Elect Veronika Winanti Wahyu Utami as Director 4a11

For For Elect Sri Widowati as Director 4a12

For For Elect Rizki Raksanugraha as Director 4a13


4b

Renold Plc Meeting Date: 07/24/2020 Country: United Kingdom

Meeting Type: Annual Ticker: RNO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Mark Harper as Director 3

For For Re-elect David Landless as Director 4

For For Re-elect Tim Cooper as Director 5





9


10


Vote Summary Report


Renold Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


12

United Utilities Group Plc Meeting Date: 07/24/2020 Country: United Kingdom

Meeting Type: Annual Ticker: UU

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Sir David Higgins as Director 4

For For Re-elect Steve Mogford as Director 5

For For Re-elect Mark Clare as Director 6

For For Re-elect Brian May as Director 7

For For Re-elect Stephen Carter as Director 8

For For Re-elect Alison Goligher as Director 9

For For Re-elect Paulette Rowe as Director 10



12



14


15



17


18

Vote Summary Report


Turk Telekomunikasyon AS Meeting Date: 07/25/2020 Country: Turkey

Meeting Type: Annual Ticker: TTKOM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2



Against For Ratify Director Appointment 7








For For Authorize Board to Acquire Businesses up to a EUR 125 Million Value

16

For For Authorize Board to Establish New Companies in Relation to Business Acquired

17

For For Authorize Board to Repurchase Shares 18


19

Affin Bank Berhad Meeting Date: 07/27/2020 Country: Malaysia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Mohd Hata bin Robani as Director For For

Vote Summary Report


Affin Bank Berhad Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Abdul Aziz bin Abu Bakar as Director 2

For For Elect Md Agil bin Mohd Natt as Director 3

For For Elect Yuen Peter Wai Hung as Director 4

For For Elect Marzida binti Mohd Noor as Director 5

For For Elect Gregory Jerome Gerald Fernandes as Director

6

For For Approve Directors' Fees, Other Emoluments and Benefits for the Financial Year Ended December 31, 2019

7

For For Approve Directors' Fees for the Period from 44th to 45th AGM of the Company

8

For For Approve Directors' Benefits 9


10


11

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

12


13

China Jushi Co. Ltd. Meeting Date: 07/27/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Amendments to Articles of Association For Against

Voter Rationale: The proposed articles amendments are not considered to adequately provide for accountability and transparency to shareholders.

Blended Rationale: The proposed articles amendments are not considered to adequately provide for accountability and transparency to shareholders.

Vote Summary Report


Columbus Energy Resources Plc Meeting Date: 07/27/2020 Country: United Kingdom

Meeting Type: Special Ticker: CERP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Matters Relating to the All-Share Offer for Columbus Energy Resources plc by Bahamas Petroleum Company plc

For For

Columbus Energy Resources Plc Meeting Date: 07/27/2020 Country: United Kingdom

Meeting Type: Court Ticker: CERP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Scheme of Arrangement For For

Contemporary Amperex Technology Co., Ltd. Meeting Date: 07/27/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Signing of Strategic Cooperation Agreement

For For

Hualan Biological Engineering, Inc. Meeting Date: 07/27/2020 Country: China


Vote Summary Report


Hualan Biological Engineering, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Spin-off of Subsidiary on ChiNext in Accordance with Relevant Laws and Regulations

For For

For For Approve Spin-off of Subsidiary for Initial Public Offering and Listing on the ChiNext

2

For For Approve Plan on Spin-off of Subsidiary on the ChiNext (Revised)

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 Subsidiary's Corresponding Standard Operational Ability

7

For For Approve Authorization of the Board and its Authorized Persons to Handle Matters on Spin-off

8

For For Approve Explanation of the Completeness, Compliance and Validity of Legal Documents Submitted in the Spin-off

9

Against For Approve Free Transfer of Seven Joint Patent Rights and Six Patent Application Rights

10



Info Edge (India) Limited Meeting Date: 07/27/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Vote Summary Report


Linde plc Meeting Date: 07/27/2020 Country: Ireland

Meeting Type: Annual Ticker: LIN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Wolfgang H. Reitzle For For

For For Elect Director Stephen F. Angel 1b

For For Elect Director Ann-Kristin Achleitner 1c

For For Elect Director Clemens A. H. Borsig 1d

For For Elect Director Nance K. Dicciani 1e

For For Elect Director Thomas Enders 1f

For For Elect Director Franz Fehrenbach 1g

For For Elect Director Edward G. Galante 1h

For For Elect Director Larry D. McVay 1i

For For Elect Director Victoria E. Ossadnik 1j

For For Elect Director Martin H. Richenhagen 1k

For For Elect Director Robert L. Wood 1l

For For Ratify PricewaterhouseCoopers as Auditors 2a

For For Authorize Board to Fix Remuneration of Auditors 2b

For For Determine Price Range for Reissuance of Treasury Shares

3


4

Magazine Luiza SA Meeting Date: 07/27/2020 Country: Brazil

Meeting Type: Annual Ticker: MGLU3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Vote Summary Report


Magazine Luiza SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Fix Number of Directors at Seven 3

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



6


7

For None Percentage of Votes to Be Assigned - Elect Luiza Helena Trajano Inacio Rodrigues as Director

8.1

For None Percentage of Votes to Be Assigned - Elect Marcelo Jose Ferreira e Silva as Director

8.2

For None Percentage of Votes to Be Assigned - Elect Carlos Renato Donzelli as Director

8.3

For None Percentage of Votes to Be Assigned - Elect Jose Paschoal Rossetti as Independent Director

8.4

For None Percentage of Votes to Be Assigned - Elect Betania Tanure de Barros as Independent Director

8.5

For None Percentage of Votes to Be Assigned - Elect Silvio Romero de Lemos Meira as Independent Director

8.6

For None Percentage of Votes to Be Assigned - Elect Ines Correa de Souza as Independent Director

8.7

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?

9


Voter Rationale: Focusing votes on minority candidate.

Blended Rationale: Focusing votes on minority candidate.


11

Vote Summary Report


Magazine Luiza SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For None Elect Eduardo Christovam Galdi Mestieri as Fiscal Council Member and Thiago Costa Jacinto as Alternate Appointed by Minority Shareholder

12

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?

13

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

14

National Grid Plc Meeting Date: 07/27/2020 Country: United Kingdom

Meeting Type: Annual Ticker: NG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Sir Peter Gershon as Director 3

For For Re-elect John Pettigrew as Director 4

For For Re-elect Andy Agg as Director 5

For For Re-elect Nicola Shaw as Director 6

For For Re-elect Mark Williamson as Director 7

For For Re-elect Jonathan Dawson as Director 8

For For Re-elect Therese Esperdy as Director 9

For For Re-elect Paul Golby as Director 10

For For Elect Liz Hewitt as Director 11

For For Re-elect Amanda Mesler as Director 12

For For Re-elect Earl Shipp as Director 13

For For Re-elect Jonathan Silver as Director 14



16


Vote Summary Report


National Grid Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


18


For For Reapprove Share Incentive Plan 20

For For Reapprove Sharesave Plan 21

For For Approve Increase in Borrowing Limit 22


23


24



26

National Grid Plc Meeting Date: 07/27/2020 Country: United Kingdom

Meeting Type: Annual Ticker: NG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Sir Peter Gershon as Director 3

For For Re-elect John Pettigrew as Director 4

For For Re-elect Andy Agg as Director 5

For For Re-elect Nicola Shaw as Director 6

For For Re-elect Mark Williamson as Director 7

For For Re-elect Jonathan Dawson as Director 8

For For Re-elect Therese Esperdy as Director 9

For For Re-elect Paul Golby as Director 10

For For Elect Liz Hewitt as Director 11

For For Re-elect Amanda Mesler as Director 12

Vote Summary Report


National Grid Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Earl Shipp as Director 13

For For Re-elect Jonathan Silver as Director 14



16



18


For For Reapprove Share Incentive Plan 20

For For Reapprove Sharesave Plan 21

For For Approve Increase in Borrowing Limit 22


23


24



26

Nine Dragons Paper Holdings Ltd. Meeting Date: 07/27/2020 Country: Bermuda


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Recovered Paper and Recycled Pulp Agreement, Proposed Annual Caps and Related Transactions

For For

Plantronics, Inc. Meeting Date: 07/27/2020 Country: USA

Meeting Type: Annual Ticker: PLT

Vote Summary Report


Plantronics, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Robert Hagerty For For

For For Elect Director Marv Tseu 1b

For For Elect Director Frank Baker 1c

For For Elect Director Kathy Crusco 1d

For For Elect Director Brian Dexheimer 1e

For For Elect Director Gregg Hammann 1f

For For Elect Director John Hart 1g

For For Elect Director Guido Jouret 1h

For For Elect Director Marshall Mohr 1i

For For Elect Director Daniel Moloney 1j

For For Amend Qualified Employee Stock Purchase Plan 2

For For Amend Omnibus Stock Plan 3



5

Singapore Airlines Limited Meeting Date: 07/27/2020 Country: Singapore

Meeting Type: Annual Ticker: C6L

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Adopt Financial Statements and Directors' and Auditors' Reports

For For

For For Elect Simon Cheong Sae Peng as Director 2a

For For Elect Goh Choon Phong as Director 2b

For For Elect Hsieh Tsun-yan as Director 2c

For For Approve Directors' Emoluments 3


4

Vote Summary Report


Singapore Airlines Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


5

For For Approve Grant of Awards and Issuance of Shares Under the SIA Performance Share Plan 2014 and the SIA Restricted Share Plan 2014

6

For For Approve Mandate for Interested Person Transactions

7


For For Approve Issuance of Additional Mandatory Convertible Bonds and Additional Conversion Shares

9

Bradespar SA Meeting Date: 07/28/2020 Country: Brazil

Meeting Type: Annual Ticker: BRAP4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Wilfredo Joao Vicente Gomes as Director Appointed by Preferred Shareholder

None Abstain

For None Elect Jose Luiz Osorio de Almeida Filho as Director Appointed by Preferred Shareholder

1.2


2

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?

3

For None Elect Carlos Eduardo Teixeira Taveiros as Fiscal Council Member and Nilvo Reinoldo Fries as Alternate Appointed by Preferred Shareholder

4

Cavco Industries, Inc. Meeting Date: 07/28/2020 Country: USA

Meeting Type: Annual Ticker: CVCO

Vote Summary Report


Cavco Industries, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Susan L. Blount For For

For For Elect Director William C. Boor 1.2


2


China Merchants Shekou Industrial Zone Holdings Co., Ltd. Meeting Date: 07/28/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Compliance with Relevant Laws and Regulations of Issuance of Shares, Convertible Bonds and Cash Payment to Purchase Assets and Raise Supporting Funds

For For

For For Approve Transaction Parties 2.1

For For Approve Underlying Asset 2.2

For For Approve Transaction Price 2.3

For For Approve Payment Method 2.4

For For Approve Issue Type and Par Value 2.5

For For Approve Pricing Reference Date and Issue Price 2.6

For For Approve Issue Scale 2.7


For For Approve Listing Arrangement 2.9

For For Approve Distribution Arrangement of Cumulative Earnings

2.10

For For Approve Interim Profit and Loss Arrangement 2.11

For For Approve Asset Delivery 2.12

For For Approve Issue Type and Par Value of Convertible Bonds

2.13

Vote Summary Report


China Merchants Shekou Industrial Zone Holdings Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Issue Manner and Target Parties of Convertible Bonds

2.14

For For Approve Issue Scale of Convertible Bonds 2.15

For For Approve Determination and Adjustment of Conversion Price of Convertible Bonds

2.16

For For Approve Bond Duration and Conversion Period of Convertible Bonds

2.17

For For Approve Lock-up Period of Convertible Bonds 2.18

For For Approve Mandatory Conversion Clause of Convertible Bonds

2.19

For For Approve Method on Handling Fractional Shares Upon Conversion of Convertible Bonds

2.20

For For Approve Interest Rate of Convertible Bonds 2.21

For For Approve Source of Shares of Convertible Bonds 2.22

For For Approve Other Matters of Convertible Bonds 2.23

For For Approve Issue Type and Par Value of Raising Supporting Funds

2.24

For For Approve Issue Manner and Period of Raising Supporting Funds

2.25

For For Approve Target Parties and Subscription Manner of Raising Supporting Funds

2.26

For For Approve Issue Scale and Amount of Raised Funds of Raising Supporting Funds

2.27

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

2.28

For For Approve Lock-up Arrangement of Raising Supporting Funds

2.29

For For Approve Usage of Raised Funds of Raising Supporting Funds

2.30

For For Approve Distribution Arrangement of Cumulative Earnings of Raising Supporting Funds

2.31

For For Approve Listing Location of Raising Supporting Funds

2.32

For For Approve Resolution Validity Period of Raising Supporting Funds

2.33

For For Approve Draft and Summary of Issuance of Shares, Convertible Bonds and Cash Payment and Raising Supporting Funds

3

For For Approve Transaction Does Not Constitute as Related Party Transactions

4

For For Approve Transaction Does Not Constitute as Major Asset Restructure

5

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Transaction Does Not Constitute as Restructure and Listing

6

For For Approve Transaction Complies with Article IV of Provisions on Issues Concerning Regulating the Material Asset Reorganizations of Listed Companies

7

For For Approve Transaction Complies with Article 11 of the Administrative Measures for the Material Asset Reorganizations of Listed Companies

8

For For Approve Transaction Complies with Article 43 of the Administrative Measures for the Material Asset Reorganizations of Listed Companies

9

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

10

For For Approve Audit Report, Profit Forecast Report and Appraisal Report of the Transaction

11

For For Approve Independence of Appraiser, the Validity of Hypothesis, the Relevance of Valuation Purpose and Approach as Well as the Fairness of Pricing

12


13

For For Approve Fluctuation of Company's Stock Price Does Not Meet the Relevant Standards of Article 5 of Notice on Regulating the Information Disclosure of Listed Companies and the Behavior of Related Parties

14

For For Approve Signing of Conditional Agreement Regarding Issuance of Shares, Convertible Bonds and Cash Payment to Purchase Assets

15

For For Approve Signing of Supplemental Conditional Agreement Regarding Issuance of Shares, Convertible Bonds and Cash Payment to Purchase Assets

16

For For Approve Introduction of Strategic Investor and Signing of Strategic Cooperation Agreement

17

For For Approve Signing of Supplemental Agreement on Issuance of Shares Subscription Agreement

18

For For Approve Self-inspection Report on Company's Real Estate Business and Related Commitments of the Transaction

19

For For Approve Letter of Commitment 20

Vote Summary Report



Proposal Text

Mgmt Rec

Vote Instruction

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

21

Codemasters Group Holdings Plc Meeting Date: 07/28/2020 Country: United Kingdom

Meeting Type: Annual Ticker: CDM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Re-elect Gerhard Florin as Director 2

For For Elect Ian Bell as Director 3

For For Elect Lisa Thomas as Director 4

For For Reappoint Grant Thornton UK LLP as Auditors 5



7



9


CSC Financial Co., Ltd. Meeting Date: 07/28/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Articles of Association and Amend Rules and Procedures Regarding General Meetings of Shareholders

For For

For For Elect Wang Xiaolin as Director 2

Vote Summary Report


Eurobank Ergasias Services & Holdings SA Meeting Date: 07/28/2020 Country: Greece

Meeting Type: Annual Ticker: EUROB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2





For For Approve Stock Option Plan 7

For For Approve Reduction in Share Capital, Shareholders Remuneration In-Kind, Capitalization of Reserves, and Sale of Fractional Balances of Shares Issued

8

For For Amend Article 11: General Meeting 9

For For Elect Members of Audit Committee (Bundled) 11

Graphite India Limited Meeting Date: 07/28/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Accept Financial Statements and Statutory Reports

For For


1b


For For Reelect K K Bangur as Director 3

For For Reelect Gaurav Swarup as Director 4

For For Elect Ashutosh Dixit as Director 5

Vote Summary Report


Graphite India Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Appointment and Remuneration of Ashutosh Dixit as Whole-time Director designated as Executive Director

6

Voter Rationale: Lack of disclosure over pay structure.

Blended Rationale: Lack of disclosure over pay structure.


Against For Approve Issuance of Secured/ Unsecured, Redeemable, Cumulative/ Non-Cumulative, Non-Convertible Debentures/Bonds on Private Placement Basis

8



Against For Approve Pledging of Assets for Debt 9



Against For Approve Borrowing Powers 10



Infrastrutture Wireless Italiane SpA Meeting Date: 07/28/2020 Country: Italy

Meeting Type: Special Ticker: INW

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve 2020-2024 Long Term Incentive Plan For Against

Voter Rationale: Lack of disclosure around the absolute targets used in the plan.

Blended Rationale: Lack of disclosure around the absolute targets used in the plan.

For For Approve 2020 Broad-Based Share Ownership Plan

2

For For Amend Remuneration Policy 3

For For Authorize Share Repurchase Program and Reissuance of Repurchased Shares to Service 2020-2024 Long Term Incentive Plan and 2020 Broad-Based Share Ownership Plan

4

For For Elect Angela Maria Cossellu as Director 5

Vote Summary Report


Infrastrutture Wireless Italiane SpA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

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

A

Irish Continental Group Plc Meeting Date: 07/28/2020 Country: Ireland

Meeting Type: Annual Ticker: IR5B

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports and Review the Company's Affairs

For For

For For Re-elect John McGuckian as Director 2a

For For Re-elect Eamonn Rothwell as Director 2b

For For Re-elect David Ledwidge as Director 2c

For For Re-elect Catherine Duffy as Director 2d

Against For Re-elect Brian O'Kelly as Director 2e

Voter Rationale: poor remuneration disclosure

Blended Rationale: poor remuneration disclosure

For For Re-elect John Sheehan as Director 2f



Voter Rationale: poor remuneration disclosure

Blended Rationale: poor remuneration disclosure



6


7


For For Authorise the Company to Determine the Price Range at which Treasury Shares may be Re-issued Off-Market

9


10

Vote Summary Report


ITO EN, LTD. Meeting Date: 07/28/2020 Country: Japan


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Allocation of Income, with a Final Dividend of JPY 25 for Class 1 Preferred Shares and JPY 20 for Ordinary Shares

For For

For For Elect Director Honjo, Hachiro 2.1

For For Elect Director Honjo, Daisuke 2.2

For For Elect Director Honjo, Shusuke 2.3

For For Elect Director Hashimoto, Shunji 2.4

For For Elect Director Watanabe, Minoru 2.5

For For Elect Director Yashiro, Mitsuo 2.6

For For Elect Director Nakano, Yoshihisa 2.7

For For Elect Director Kamiya, Shigeru 2.8

For For Elect Director Yosuke Jay Oceanbright Honjo 2.9

For For Elect Director Hirata, Atsushi 2.10

For For Elect Director Taguchi, Morikazu 2.11

For For Elect Director Usui, Yuichi 2.12

For For Elect Director Tanaka, Yutaka 2.13

For For Elect Director Takano, Hideo 2.14

For For Appoint Statutory Auditor Takasawa, Yoshiaki 3

MITIE Group Plc Meeting Date: 07/28/2020 Country: United Kingdom

Meeting Type: Annual Ticker: MTO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Derek Mapp as Director 3

Vote Summary Report


MITIE Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Phil Bentley as Director 4

For For Elect Andrew Peeler as Director 5

For For Re-elect Nivedita Bhagat as Director 6

For For Re-elect Baroness Couttie as Director 7

For For Re-elect Jennifer Duvalier as Director 8

For For Re-elect Mary Reilly as Director 9

For For Re-elect Roger Yates as Director 10

For For Reappoint BDO LLP as Auditors 11


12


13



15


16



18

National Atomic Company Kazatomprom JSC Meeting Date: 07/28/2020 Country: Kazakhstan

Meeting Type: Special Ticker: KAP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Remuneration of Board Of Directors None Against

Petrobras Distribuidora SA Meeting Date: 07/28/2020 Country: Brazil

Meeting Type: Annual Ticker: BRDT3

Vote Summary Report


Petrobras Distribuidora SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Elect Maria Salete Garcia Pinheiroas as Fiscal Council Member and Manuel Luiz da Silva Araujo as Alternate

4.1

For For Elect Joao Verner Juenemann as Fiscal Council Member and Maria Carmen Westerlund Montera as Alternate

4.2


5

Voter Rationale: Large increase to year on year cap with no rationale provided.

Blended Rationale: Large increase to year on year cap with no rationale provided.


6

Petrobras Distribuidora SA Meeting Date: 07/28/2020 Country: Brazil

Meeting Type: Special Ticker: BRDT3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Articles and Consolidate Bylaws For For

Against For Approve Revision of the Remuneration Structure of Company's Management

2

Voter Rationale: Lack of disclosure leaving large amounts of discretion to the board.

Blended Rationale: Lack of disclosure leaving large amounts of discretion to the board.


3

Vote Summary Report


Polar Capital Holdings Plc Meeting Date: 07/28/2020 Country: United Kingdom

Meeting Type: Annual Ticker: POLR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect David Lamb as Director 3

For For Elect Andrew Ross as Director 4

For For Re-elect Gavin Rochussen as Director 5

For For Re-elect John Mansell as Director 6

For For Re-elect Brian Ashford-Russell as Director 7

For For Re-elect Jamie Cayzer-Colvin as Director 8

For For Re-elect Alexa Coates as Director 9

For For Re-elect Win Robbins as Director 10

For For Appoint PricewaterhouseCoopers LLP as Auditors

11




14



For For Approve Increase in the Cap on Aggregate Fees Payable to Directors

17

STERIS plc Meeting Date: 07/28/2020 Country: Ireland

Meeting Type: Annual Ticker: STE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Richard C. Breeden For For

Vote Summary Report


STERIS plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Cynthia L. Feldmann 1b

For For Elect Director Jacqueline B. Kosecoff 1c

For For Elect Director David B. Lewis 1d

For For Elect Director Walter M Rosebrough, Jr. 1e

For For Elect Director Nirav R. Shah 1f

For For Elect Director Mohsen M. Sohi 1g

For For Elect Director Richard M. Steeves 1h


For For Appoint Ernst & Young Chartered Accountants as Irish Statutory Auditor

3

For For Authorize Board to Fix Remuneration of Auditors 4


5

Syncona Ltd. Meeting Date: 07/28/2020 Country: Guernsey

Meeting Type: Annual Ticker: SYNC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Ratify Deloitte LLP as Auditors 2


For For Re-elect Melanie Gee as Director 4

For For Re-elect Thomas Henderson as Director 5

For For Re-elect Rob Hutchinson as Director 6

For For Re-elect Nigel Keen as Director 7

For For Elect Kemal Malik as Director 8

For For Re-elect Nicholas Moss as Director 9

For For Re-elect Gian Piero Reverberi as Director 10

For For Re-elect Ellen Strahlman as Director 11

Vote Summary Report


Syncona Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction






16

TCL Electronics Holdings Limited Meeting Date: 07/28/2020 Country: Cayman Islands


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Acquisition Agreement and Related Transactions

For For

For For Approve Disposal Agreement and Related Transactions

2

For For Approve Deed of Termination (2020) and Related Transactions

3

For For Approve Deed of Non-Competition (2020) and Related Transactions

4

Tech Mahindra Limited Meeting Date: 07/28/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2

For For Confirm Interim Dividend and Declare Final Dividend

3

For For Reelect C. P. Gurnani as Director 4

Vote Summary Report


Tech Mahindra Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Anish Shah as Director 5

Threadneedle (Lux) - Enhanced Commodities Meeting Date: 07/28/2020 Country: Luxembourg

Meeting Type: Annual Ticker: D95QQZ.F

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Financial Statements For For


For For Approve Discharge of Directors 4

For For Re-elect Marie-Jeanne Chevremont-Lorenzini as Director

5

For For Re-elect Claude Kremer as Director 6

For For Re-elect Jon Allen as Director 7

For For Re-elect Julie Griffiths as Director 8

For For Renew Appointment of PricewaterhouseCoopers as Auditor

9

TR Property Investment Trust PLC Meeting Date: 07/28/2020 Country: United Kingdom

Meeting Type: Annual Ticker: TRY

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Re-elect Simon Marrison as Director 5

For For Re-elect David Watson as Director 6

Vote Summary Report


TR Property Investment Trust PLC Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Tim Gillbanks as Director 7

For For Elect Kate Bolsover as Director 8

For For Elect Sarah-Jane Curtis as Director 9





13


Uchi Technologies Berhad Meeting Date: 07/28/2020 Country: Malaysia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Directors' Fees For For

For For Elect Chin Yau Meng as Director 2

For For Elect Lim Tian How as Director 3

For For Elect Huang, Yen-Chang as Director 4

For For Approve Deloitte PLT as Auditors and Authorize Board to Fix Their Remuneration

5

Against For Approve Charlie Ong Chye Lee to Continue Office as Independent Non-Executive Director

6

Voter Rationale: Chair of the nominating committee and no gender diversity on the board.

Blended Rationale: Chair of the nominating committee and no gender diversity on the board.


ULS Technology Plc Meeting Date: 07/28/2020 Country: United Kingdom

Meeting Type: Annual Ticker: ULS

Vote Summary Report


ULS Technology Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Elect Oliver Scott as Director 2

For For Reappoint Grant Thornton LLP as Auditors and Authorise Their Remuneration

3



5

VF Corporation Meeting Date: 07/28/2020 Country: USA

Meeting Type: Annual Ticker: VFC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Richard T. Carucci For For

For For Elect Director Juliana L. Chugg 1.2

For For Elect Director Benno Dorer 1.3

For For Elect Director Mark S. Hoplamazian 1.4

For For Elect Director Laura W. Lang 1.5

For For Elect Director W. Alan McCollough 1.6

For For Elect Director W. Rodney McMullen 1.7

For For Elect Director Clarence Otis, Jr. 1.8

For For Elect Director Steven E. Rendle 1.9

For For Elect Director Carol L. Roberts 1.10

For For Elect Director Matthew J. Shattock 1.11

For For Elect Director Veronica B. Wu 1.12


2



Vote Summary Report


Vodafone Group Plc Meeting Date: 07/28/2020 Country: United Kingdom

Meeting Type: Annual Ticker: VOD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For Against

Voter Rationale: Poor IFRS16 disclosure.

Blended Rationale: Poor IFRS16 disclosure.

For For Elect Jean-Francois van Boxmeer as Director 2

For For Re-elect Gerard Kleisterlee as Director 3

For For Re-elect Nick Read as Director 4

For For Re-elect Margherita Della Valle as Director 5

For For Re-elect Sir Crispin Davis as Director 6

Against For Re-elect Michel Demare as Director 7



For For Re-elect Dame Clara Furse as Director 8

For For Re-elect Valerie Gooding as Director 9

For For Re-elect Renee James as Director 10

For For Re-elect Maria Amparo Moraleda Martinez as Director

11

For For Re-elect Sanjiv Ahuja as Director 12

Against For Re-elect David Thodey as Director 13

Voter Rationale: Over boarded with multiple external appointments.

Blended Rationale: Over boarded with multiple external appointments.

Against For Re-elect David Nish as Director 14





Voter Rationale: Poor disclosure, targets lack specific stretch high potential single figure.

Blended Rationale: Poor disclosure, targets lack specific stretch high potential single figure.

Vote Summary Report


Vodafone Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


Voter Rationale: Poor disclosure, targets lack specific stretch high potential single figure.

Blended Rationale: Poor disclosure, targets lack specific stretch high potential single figure.



19



21


22



24


25


Wizz Air Holdings Plc Meeting Date: 07/28/2020 Country: Jersey

Meeting Type: Annual Ticker: WIZZ

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Voter Rationale: Discretionary bonus and 3 year LTIP

Blended Rationale: Discretionary bonus and 3 year LTIP

Against For Re-elect William Franke as Director 3

Voter Rationale: Poor remuneration practices.

Blended Rationale: Poor remuneration practices.

For For Re-elect Jozsef Varadi as Director 4

For For Re-elect Simon Duffy as Director 5

Vote Summary Report


Wizz Air Holdings Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Simon Duffy as Director (Independent Shareholder Vote)

6

For For Re-elect Stephen Johnson as Director 7

For For Re-elect Barry Eccleston as Director 8

For For Re-elect Barry Eccleston as Director (Independent Shareholder Vote)

9

For For Re-elect Peter Agnefjall as Director 10

For For Re-elect Peter Agnefjall as Director (Independent Shareholder Vote)

11

For For Re-elect Maria Kyriacou as Director 12

For For Re-elect Maria Kyriacou as Director (Independent Shareholder Vote)

13

For For Re-elect Andrew Broderick as Director 14

For For Elect Charlotte Pedersen as Director 15

For For Elect Charlotte Pedersen as Director (Independent Shareholder Vote)

16


17

For For Authorise Board and/or the Audit Committee to Fix Remuneration of Auditors

18



20

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

21

ALS Limited Meeting Date: 07/29/2020 Country: Australia

Meeting Type: Annual Ticker: ALQ

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect John Mulcahy as Director For For

For For Elect Leslie Desjardins as Director 2


Vote Summary Report


ALS Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Grant of Performance Rights to Raj Naran

4

For For Approve the Amendments to the Company's Constitution

5

For For Appoint Ernst & Young as Auditor of the Company

6

Astro Malaysia Holdings Berhad Meeting Date: 07/29/2020 Country: Malaysia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Yvonne Chia (Yau Ah Lan @ Fara Yvonne) as Director

For For

For For Elect Renzo Christopher Viegas as Director 2

For For Elect Rizal Kamil bin Nik Ibrahim Kamil as Director

3



5


6

For For Approve Issuance of Ordinary Shares Under the Dividend Reinvestment Plan

7

Against For Approve Long Term Incentive Plan 8

Voter Rationale: Performance conditions have not been disclosed.

Blended Rationale: Performance conditions have not been disclosed.

Against For Approve Issuance and Allotment of Shares to the Group Chief Executive Officer of the Company Pursuant to the Proposed Long Term Incentive Plan

9

Voter Rationale: Performance conditions have not been disclosed.

Blended Rationale: Performance conditions have not been disclosed.

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions with Usaha Tegas Sdn Bhd and/or its Affiliates

10

Vote Summary Report


Astro Malaysia Holdings Berhad Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions with Maxis Berhad and/or its Affiliates

11

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions with MEASAT Global Berhad and/or its Affiliates

12

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions with Astro Holdings Sdn Bhd and/or its Affiliates

13

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions with Sun TV Network Limited and/or its Affiliates

14

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions with GS Home Shopping Inc. and/or its Affiliates

15

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions with SRG Asia Pacific Sdn Bhd and/or its Affiliates

16

For For Approve Implementation of Shareholders' Mandate for Recurrent Related Party Transactions with Ultimate Capital Sdn Bhd, Ultimate Technologies Sdn Bhd, Kotamar Holdings Sdn Bhd and/or Dato' Hussamuddin bin Haji Yaacub and/or their respective affiliates

17

Australian Agricultural Company Limited Meeting Date: 07/29/2020 Country: Australia

Meeting Type: Annual Ticker: AAC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Remuneration Report For For

For For Elect Shehan Dissanayake as Director 3

For For Elect Jessica Rudd as Director 4

For For Elect Tom Keene as Director 5

Vote Summary Report


Axiata Group Berhad Meeting Date: 07/29/2020 Country: Malaysia


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Ramlah Nik Mahmood as Director For For

For For Elect David Robert Dean as Director 2

For For Elect Thayaparan S Sangarapillai as Director 3

For For Approve Directors' Fees and Benefits by the Company Payable to Non-Executive Chairman and Non-Executive Directors

4

For For Approve Directors' Fees and Benefits by the Subsidiaries Payable to Non-Executive Directors

5


6


7

For For Approve Issuance of Shares Under the Dividend Reinvestment Scheme

8

For For Approve Listing of Robi Axiata Limited, a Subsidiary Company, on the Dhaka Stock Exchange Limited and the Chittagong Stock Exchange Limited in Bangladesh

9

BB Seguridade Participacoes SA Meeting Date: 07/29/2020 Country: Brazil

Meeting Type: Annual Ticker: BBSE3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Mauro Ribeiro Neto as Director 3


4

Vote Summary Report


BB Seguridade Participacoes SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For None Percentage of Votes to Be Assigned - Elect Mauro Ribeiro Neto as Director

5

For For Elect Lucineia Possar as Fiscal Council Member and Fabiano Macanhan Fontes as Alternate

6.1

For For Elect Luis Felipe Vital Nunes Pereira as Fiscal Council Member and Daniel de Araujo e Borges as Alternate

6.2

For For Elect Francisco Olinto Velo Schmitt as Fiscal Council Member and Kuno Dietmar Frank as Alternate as Minority Representative Under Majority Fiscal Council Election

6.3


7


8

For For Approve Remuneration of Audit Committee Members and Related Party Transactions Committee Members

9

For For Ratify Remuneration of Company's Management, Fiscal Council and Audit Committee from April to July 2020

10

CML Microsystems Plc Meeting Date: 07/29/2020 Country: United Kingdom

Meeting Type: Annual Ticker: CML

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Re-elect Geoff Barnes as Director 4

For For Authorise the Company to Use Electronic Communications

5

For For Reappoint RSM UK Audit LLP as Auditors 6



Vote Summary Report


CML Microsystems Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


9


10


Colgate-Palmolive (India) Limited Meeting Date: 07/29/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Reelect M.S. Jacob as Director 2

For For Elect Sekhar Natarajan as Director 3

For For Elect Gopika Pant as Director 4

For For Approve Appointment and Remuneration of Surender Sharma as Whole-time Director

5

For For Reelect Shyamala Gopinath as Director 6

DIP Corp. Meeting Date: 07/29/2020 Country: Japan


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Tomita, Hideki For For

For For Elect Director Iwata, Kazuhisa 1.2

For For Elect Director Ueki, Katsumi 1.3

For For Elect Director Shidachi, Masatsugu 1.4

For For Elect Director Maehara, Michiyo 1.5

Vote Summary Report


DIP Corp. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Tanabe, Eriko 1.6

Equals Group Plc Meeting Date: 07/29/2020 Country: United Kingdom

Meeting Type: Special Ticker: EQLS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Appoint PricewaterhouseCoopers LLP as Auditors and Authorise Their Remuneration

2

Ferguson Plc Meeting Date: 07/29/2020 Country: Jersey

Meeting Type: Special Ticker: FERG

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Adopt New Articles of Association For For

Geely Automobile Holdings Limited Meeting Date: 07/29/2020 Country: Cayman Islands


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve the Proposed RMB Share Issue and the Specific Mandate

For For

For For Approve Authorization to the Board to Exercise Full Powers to Deal with Matters Relating to the Proposed RMB Share Issue

2

Vote Summary Report


Geely Automobile Holdings Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve the Plan for Distribution of Profits Accumulated Before the Proposed RMB Share Issue

3

For For Approve the Dividend Return Plan for the Three Years After the Proposed RMB Share Issue

4

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

5

For For Approve the Policy for Stabilization of the Price of the RMB Shares for the Three Years After the Proposed RMB Share Issue

6

For For Approve the Use of Proceeds from the Proposed RMB Share Issue

7

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

8

For For Approve the Adoption of Policy Governing the Procedures for the Holding of General Meetings

9

For For Approve the Adoption of Policy Governing the Procedures for the Holding of Board Meetings

10

For For Amend Memorandum and Articles of Association and Adopt Amended and Restated Memorandum and Articles of Association

11

Indiabulls Housing Finance Limited Meeting Date: 07/29/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Iwatsu Electric Co., Ltd. Meeting Date: 07/29/2020 Country: Japan


Vote Summary Report


Iwatsu Electric Co., Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Nishido, Toru For For

For For Elect Director Aiura, Tsukasa 1.2

For For Elect Director Kimura, Shogo 1.3

For For Elect Director Sato, Osamu 1.4

For For Elect Director Shimomura, Norio 1.5

For For Elect Director Nakajima, Hideyuki 1.6

For For Elect Director Oki, Tsunehiro 1.7

For For Appoint Statutory Auditor Kawamoto, Shigeru 2

McKesson Corporation Meeting Date: 07/29/2020 Country: USA

Meeting Type: Annual Ticker: MCK

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Dominic J. Caruso For For

For For Elect Director N. Anthony Coles 1b

For For Elect Director M. Christine Jacobs 1c

For For Elect Director Donald R. Knauss 1d

For For Elect Director Marie L. Knowles 1e

For For Elect Director Bradley E. Lerman 1f

For For Elect Director Maria Martinez 1g

For For Elect Director Edward A. Mueller 1h

For For Elect Director Susan R. Salka 1i

For For Elect Director Brian S. Tyler 1j

For For Elect Director Kenneth E. Washington 1k



3

Vote Summary Report


McKesson Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For Against Provide Right to Act by Written Consent 4

Voter Rationale: The ability to act by written consent would enhance shareholder rights.

Blended Rationale: The ability to act by written consent would enhance shareholder rights.

For Against Report on Lobbying Payments and Policy 5

Voter Rationale: The company is being asked to provide comprehensive disclosure around its lobbying efforts and procedures. While we welcome the company's disclosure efforts, numerous gaps in its reporting remain. We believe it is best practice to provide full disclosure and therefore support this proposal.

Blended Rationale: The company is being asked to provide comprehensive disclosure around its lobbying efforts and procedures. While we welcome the company's disclosure efforts, numerous gaps in its reporting remain. We believe it is best practice to provide full disclosure and therefore support this proposal.

Against Against Report on the Statement on the Purpose of a Corporation

6

PagSeguro Digital Ltd. Meeting Date: 07/29/2020 Country: Cayman Islands

Meeting Type: Annual Ticker: PAGS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Consolidated Financial Statements and Statutory Reports

For For

For For Elect Director Luis Frias 2.1

For For Elect Director Maria Judith de Brito 2.2

For For Elect Director Eduardo Alcaro 2.3

For For Elect Director Noemia Mayumi Fukugauti Gushiken

2.4

For For Elect Director Cleveland Prates Teixeira 2.5

For For Elect Director Marcia Nogueira de Mello 2.6

For For Elect Director Ricardo Dutra da Silva 2.7

For For Amend Restricted Stock Plan 3


4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Vote Summary Report


PagSeguro Digital Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


1

For For Elect Director Luis Frias 2.1

For For Elect Director Maria Judith de Brito 2.2

For For Elect Director Eduardo Alcaro 2.3

For For Elect Director Noemia Mayumi Fukugauti Gushiken

2.4

For For Elect Director Cleveland Prates Teixeira 2.5

For For Elect Director Marcia Nogueira de Mello 2.6

For For Elect Director Ricardo Dutra da Silva 2.7

For For Amend Restricted Stock Plan 3


4

PT Vale Indonesia Tbk Meeting Date: 07/29/2020 Country: Indonesia

Meeting Type: Annual Ticker: INCO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Directors' Report For For

For For Accept Commissioners' Report 2

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

3





For For Approve Changes in Board of Directors 6

For For Approve Changes in Board of Commissioners 7

For For Approve Remuneration of Commissioners 8


Vote Summary Report


PT Vale Indonesia Tbk Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Tanudiredja, Wibisana, Rintis & Rekan as Auditors

10

RFM Corporation Meeting Date: 07/29/2020 Country: Philippines

Meeting Type: Annual Ticker: RFM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Call to Order For For

For For Certification of Notice and Quorum 2

For For Approve Minutes of the Annual Stockholders' Meeting held on July 24, 2019

3

For For Approve President's Report for 2019 and Audited Financial Statements ending December 31, 2019

4

For For Ratify Acts of Management and Board of Directors

5

Against For Elect Jose S. Concepcion Jr. as Director 6.1



Against For Elect Ernest Fritz Server as Director 6.2



For For Elect Jose Ma. A. Concepcion III as Director 6.3

Against For Elect Joseph D. Server, Jr. as Director 6.4



Against For Elect Felicisimo M. Nacino Jr. as Director 6.5



Against For Elect John Marie A. Concepcion as Director 6.6



Vote Summary Report


RFM Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect Ma.Victoria Herminia C. Young as Director 6.7



Against For Elect Francisco A. Segovia as Director 6.8



Against For Elect Raissa Hechanova-Posadas as Director 6.9



Against For Elect Romeo L Bernardo as Director 6.10



Against For Elect Lilia R. Bautista as Director 6.11



For For Appoint External Auditor 7

For For Approve Amendments to RFM Corporation's By-Laws to Comply with the Applicable Provisions of the Revised Corporation Code of the Philippines

8




For For Adjournment 10

Skyline Champion Corporation Meeting Date: 07/29/2020 Country: USA

Meeting Type: Annual Ticker: SKY

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Keith Anderson For For

For For Elect Director Michael Berman 1.2

Vote Summary Report


Skyline Champion Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Timothy Bernlohr 1.3

For For Elect Director Eddie Capel 1.4

For For Elect Director John C. Firth 1.5

For For Elect Director Michael Kaufman 1.6

For For Elect Director Erin Mulligan Nelson 1.7

For For Elect Director Gary E. Robinette 1.8

For For Elect Director Mark J. Yost 1.9



3

Voter Rationale: The long term incentive plan is not majority performance conditioned.

Blended Rationale: The long term incentive plan is not majority performance conditioned.

The British Land Co. Plc Meeting Date: 07/29/2020 Country: United Kingdom

Meeting Type: Annual Ticker: BLND

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Simon Carter as Director 3

For For Re-elect Lynn Gladden as Director 4

For For Re-elect Chris Grigg as Director 5

For For Re-elect Alastair Hughes as Director 6

For For Re-elect William Jackson as Director 7

For For Re-elect Nicholas Macpherson as Director 8

For For Re-elect Preben Prebensen as Director 9

For For Re-elect Tim Score as Director 10

For For Re-elect Laura Wade-Gery as Director 11

For For Re-elect Rebecca Worthington as Director 12

Vote Summary Report


The British Land Co. Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


13


14


15



17


18



20

VST Industries Limited Meeting Date: 07/29/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Reelect Naresh Kumar Sethi as Director 3

Walker Greenbank Plc Meeting Date: 07/29/2020 Country: United Kingdom

Meeting Type: Annual Ticker: WGB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Elect Michael Williamson as Director 2

Vote Summary Report


Walker Greenbank Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Re-elect Lisa Montague as Director 3

For For Re-elect Dianne Thompson as Director 4

For For Re-elect Christopher Rogers as Director 5

For For Re-elect Vijay Thakrar as Director 6


7




10


Ain Holdings, Inc. Meeting Date: 07/30/2020 Country: Japan


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Allocation of Income, with a Final Dividend of JPY 55

For For

For For Elect Director Otani, Kiichi 2.1

For For Elect Director Sakurai, Masahito 2.2

For For Elect Director Shudo, Shoichi 2.3

For For Elect Director Mizushima, Toshihide 2.4

For For Elect Director Oishi, Miya 2.5

For For Elect Director Kimei, Rieko 2.6

For For Elect Director Awaji, Hidehiro 2.7

For For Elect Director Sakai, Masato 2.8

For For Elect Director Mori, Ko 2.9

For For Elect Director Hamada, Yasuyuki 2.10

For For Elect Director Endo, Noriko 2.11

For For Elect Director Ito, Junro 2.12

Vote Summary Report


Ain Holdings, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Appoint Statutory Auditor Kawamura, Koichi 3.1

Against For Appoint Statutory Auditor Ibayashi, Akira 3.2

Blended Rationale: A vote AGAINST this nominee is warranted because:- The outside statutory auditor nominee's affiliation with the company could compromise independence.

For For Appoint Statutory Auditor Muramatsu, Osamu 3.3

Alibaba Health Information Technology Limited Meeting Date: 07/30/2020 Country: Bermuda


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Elect Zhu Shunyan as Director 2a1

For For Elect Wang Qiang as Director 2a2

For For Elect Wu Yongming as Director 2a3


2b

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

3


4







Against For Approve Specific Mandate to Grant Awards of Options and/or Restricted Share Units Under the Share Award Scheme

7

Voter Rationale: The directors eligible to receive options and restricted share units are involved in the administration of the scheme.

Blended Rationale: The directors eligible to receive options and restricted share units are involved in the administration of the scheme.

Vote Summary Report


Alibaba Health Information Technology Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Adopt New By-Laws 8

Bajaj Consumer Care Limited Meeting Date: 07/30/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Objects Clause of Memorandum of Association

For For


Banco do Brasil SA Meeting Date: 07/30/2020 Country: Brazil

Meeting Type: Annual Ticker: BBAS3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Joaquim Jose Xavier da Silveira as Independent Director

For For

For For Elect Jose Guimaraes Monforte as Independent Director

1.2


2

For None Percentage of Votes to Be Assigned - Elect Joaquim Jose Xavier da Silveira as Independent Director

3.1

For None Percentage of Votes to Be Assigned - Elect Jose Guimaraes Monforte as Independent Director

3.2

For For Elect Paulo Antonio Spencer Uebel as Fiscal Council Member

4.1

For For Elect Samuel Yoshiaki Oliveira Kinoshita as Fiscal Council Member

4.2

For For Elect Lena Oliveira de Carvalho as Alternate Fiscal Council Member

4.3

Vote Summary Report


Banco do Brasil SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Rodrigo Brandao de Almeida as Alternate Fiscal Council Member

4.4

For For Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2019

5



7


8

Against For Approve Remuneration of Audit Committee Members

9



Banco do Brasil SA Meeting Date: 07/30/2020 Country: Brazil

Meeting Type: Special Ticker: BBAS3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Authorize Capitalization of Reserves For For

Against For Amend Articles 2



Beijing Roborock Technology Co., Ltd. Meeting Date: 07/30/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Rules and Procedures Regarding Meetings of Board of Supervisors

For For

For For Approve Amendments to Articles of Association 2

Vote Summary Report


Beijing Roborock Technology Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


3


4

For For Amend Related Party Transaction Management System

5

For For Amend Management System of External Investments

6

For For Amend Management System of External Guarantees

7

For For Elect Xie Haojian as Supervisor 8.1

Bonavista Energy Corporation Meeting Date: 07/30/2020 Country: Canada

Meeting Type: Annual/Special Ticker: BNP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Keith A. MacPhail For For

Withhold For Elect Director Ian S. Brown 1b

Voter Rationale: Member of the nominating committee and insufficient diversity

Blended Rationale: Member of the nominating committee and insufficient diversity

Withhold For Elect Director David P. Carey 1c

Voter Rationale: Chair of the nominating committee and insufficient diversity

Blended Rationale: Chair of the nominating committee and insufficient diversity

For For Elect Director George S. Armoyan 1d

For For Elect Director Jason E. Skehar 1e

For For Elect Director Ronald J. Poelzer 1f


2

For For Approve Continuance of Company [ABCA to CBCA] Prior to the Implementation of the Arrangement

3

For For Approve Recapitalization Transaction 4

For For Approve Shareholders' Cash Arrangement Resolution

5

Vote Summary Report


Bonavista Energy Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Continuance of Company [CBCA to ABCA] Following the Completion of the Arrangement

6

Charter Hall Social Infrastructure REIT Meeting Date: 07/30/2020 Country: Australia

Meeting Type: Special Ticker: CQE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Ratify Past Issuance of Units to Certain Institutional, Professional and Other Wholesale Investors

For For

Cholamandalam Investment and Finance Company Limited Meeting Date: 07/30/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Interim Dividend and Second Interim Dividend as Final Dividend

2

Against For Reelect M.M. Murugappan as Director 3



For For Elect Bhama Krishnamurthy as Director 4

Against For Approve Appointment and Remuneration of Arun Alagappan as Managing Director

5

Voter Rationale: Concerns over pay structure.

Blended Rationale: Concerns over pay structure.

Vote Summary Report


Cholamandalam Investment and Finance Company Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Appointment and Remuneration of Ravindra Kumar Kundu as Executive Director

6



For For Approve Issuance of Non-Convertible Debentures on Private Placement Basis

7

Chow Tai Fook Jewellery Group Ltd. Meeting Date: 07/30/2020 Country: Cayman Islands


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Elect Cheng Kar-Shun, Henry as Director 3a

For For Elect Cheng Chi-Kong, Adrian as Director 3b

For For Elect Chan Sai-Cheong as Director 3c

For For Elect Cheng Kam-Biu, Wilson as Director 3d

For For Elect Fung Kwok-King, Victor as Director 3e

Against For Elect Kwong Che-Keung, Gordon as Director 3f




3g


4


5




Vote Summary Report


Chow Tai Fook Jewellery Group Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




CMC Markets Plc Meeting Date: 07/30/2020 Country: United Kingdom

Meeting Type: Annual Ticker: CMCX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect James Richards as Director 3

For For Re-elect Peter Cruddas as Director 4

For For Re-elect David Fineberg as Director 5

For For Re-elect Sarah Ing as Director 6

For For Re-elect Clare Salmon as Director 7

For For Re-elect Paul Wainscott as Director 8

For For Elect Euan Marshall as Director 9

For For Elect Matthew Lewis as Director 10


11

For For Authorise the Group Audit Committee to Fix Remuneration of Auditors

12




15


16



18

Vote Summary Report


Covestro AG Meeting Date: 07/30/2020 Country: Germany

Meeting Type: Annual Ticker: 1COV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


3


4

For For Ratify KPMG AG as Auditors for Fiscal 2020 5

For For Elect Christine Bortenlaenger to the Supervisory Board

6.1

For For Elect Rolf Nonnenmacher to the Supervisory Board

6.2

For For Elect Richard Pott to the Supervisory Board 6.3

For For Elect Regine Stachelhaus to the Supervisory Board

6.4

For For Elect Patrick Thomas to the Supervisory Board 6.5

For For Elect Ferdinando Falco Beccalli to the Supervisory Board

6.6

For For Approve Creation of EUR 73.2 Million Pool of Capital with Partial Exclusion of Preemptive Rights

7

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 2 Billion; Approve Creation of EUR 18.3 Million Pool of Capital to Guarantee Conversion Rights

8

For For Amend Articles Re: Fiscal Year, Announcements, Transmission of Information, Place of Jurisdiction; AGM Convocation; Proof of Entitlement

9

For For Amend Articles Re: Passing Supervisory Board Resolutions by Electronic Means of Communication

10

Dr. Lal PathLabs Limited Meeting Date: 07/30/2020 Country: India


Vote Summary Report


Dr. Lal PathLabs Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Against For Reelect Om Prakash Manchanda as Director 2

Voter Rationale: Executive director serving on the audit committee.

Blended Rationale: Executive director serving on the audit committee.

For For Approve Appointment and Remuneration of Arvind Lal as Executive Chairman and Whole-Time Director

3

Against For Approve Appointment and Remuneration of Om Prakash Manchanda as Managing Director

4



For For Approve Reappointment and Remuneration of Vandana Lal as Whole-Time Director

5

For For Approve Payment of Remuneration to Rahul Sharma as Non-Executive Director

6


Dr. Reddy's Laboratories Limited Meeting Date: 07/30/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Reelect K Satish Reddy as Director 3

For For Approve Reappointment and Remuneration of G V Prasad as Whole-time Director Designated as Co-Chairman and Managing Director

4

For For Approve Prasad R Menon to Continue Office as Non-Executive Independent Director

5


Vote Summary Report


Dr. Reddy's Laboratories Limited Meeting Date: 07/30/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Reelect K Satish Reddy as Director 3

For For Approve Reappointment and Remuneration of G V Prasad as Whole-time Director Designated as Co-Chairman and Managing Director

4

For For Approve Prasad R Menon to Continue Office as Non-Executive Independent Director

5


EnerSys Meeting Date: 07/30/2020 Country: USA

Meeting Type: Annual Ticker: ENS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Caroline Chan For For

For For Elect Director Steven M. Fludder 1.2

For For Elect Director Paul J. Tufano 1.3



3


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

GoerTek Inc. Meeting Date: 07/30/2020 Country: China


Vote Summary Report


GoerTek Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Management System of Raised Funds For For

For For Approve Provision of Guarantee 2

Highland Gold Mining Ltd. Meeting Date: 07/30/2020 Country: Jersey

Meeting Type: Annual Ticker: HGM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Re-elect Colin Belshaw as Director 2

For For Re-elect John Mann as Director 3

For For Elect Deborah Gudgeon as a Director 4



Against For Adopt New Articles of Association 7

Voter Rationale: Excessive dilution

Blended Rationale: Excessive dilution

Against For Authorise Issue of Equity without Pre-emptive Rights

8

Voter Rationale: Excessive dilution

Blended Rationale: Excessive dilution

Hitachi Ltd. Meeting Date: 07/30/2020 Country: Japan


Vote Summary Report


Hitachi Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Ihara, Katsumi For For

For For Elect Director Ravi Venkatesan 1.2

For For Elect Director Cynthia Carroll 1.3

For For Elect Director Joe Harlan 1.4

For For Elect Director George Buckley 1.5

For For Elect Director Louise Pentland 1.6

For For Elect Director Mochizuki, Harufumi 1.7

For For Elect Director Yamamoto, Takatoshi 1.8

For For Elect Director Yoshihara, Hiroaki 1.9

For For Elect Director Helmuth Ludwig 1.10

For For Elect Director Seki, Hideaki 1.11

For For Elect Director Nakanishi, Hiroaki 1.12

For For Elect Director Higashihara, Toshiaki 1.13

Housing Development Finance Corporation Limited Meeting Date: 07/30/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.a Accept Financial Statements and Statutory Reports

For For


1.b


For For Reelect Renu Sud Karnad as Director 3

For For Approve Reappointment and Remuneration of Renu Sud Karnad as Managing Director

4

For For Approve Reappointment and Remuneration of V. Srinivasa Rangan as Whole-Time Director Designated as Executive Director

5

Vote Summary Report


Housing Development Finance Corporation Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Related Party Transactions with HDFC Bank Limited

6

For For Approve Issuance of Redeemable Non-Convertible Debentures and/or Other Hybrid Instruments on Private Placement Basis

7

For For Approve Sale of Shares Held in HDFC Life Insurance Company Limited

8

For For Approve Sale of Shares Held in HDFC ERGO General Insurance Company Limited

9

Jazz Pharmaceuticals plc Meeting Date: 07/30/2020 Country: Ireland

Meeting Type: Annual Ticker: JAZZ

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Bruce C. Cozadd For For

For For Elect Director Heather Ann McSharry 1b

For For Elect Director Anne O'Riordan 1c

For For Elect Director Rick E Winningham 1d

For For Approve KPMG, Dublin as Auditors and Authorize Board to Fix Their Remuneration

2


3

For For Amend Non-Employee Director Omnibus Stock Plan

4

For For Approve Reduction in Capital and Creation of Distributable Reserves

5

Macquarie Group Limited Meeting Date: 07/30/2020 Country: Australia

Meeting Type: Annual Ticker: MQG

Vote Summary Report


Macquarie Group Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2a Elect Diane J Grady as Director For For

For For Elect Nicola M Wakefield Evans as Director 2b

Against Against Elect Stephen Mayne as Director 3


For For Approve Participation of Shemara Wikramanayake in the Macquarie Group Employee Retained Equity Plan

5

For For Approve Agreement to Issue MGL Ordinary Shares on Exchange of Macquarie Bank Capital Notes 2

6

Nacon SASU Meeting Date: 07/30/2020 Country: France

Meeting Type: Annual/Special Ticker: NACON

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2

For For Approve Allocation of Income and Absence of Dividends

3


4

For For Approve Remuneration Policy of Chairman and CEO

5

For For Approve Remuneration Policy of Vice-CEO 6



For For Approve Compensation of Chairman and CEO 9

For For Approve Compensation of Vice-CEO 10

For For Elect Bpifrance Investissement as Director 11

For For Elect Anne Janssen as Director 12

Vote Summary Report


Nacon SASU Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


13

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

14

Voter Rationale: Can be continued during a takeover period.

Blended Rationale: Can be continued during a takeover period.


15

Against For Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 13 Million

16

Voter Rationale: Can be used during takeover periods.

Blended Rationale: Can be used during takeover periods.

Against For Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Above

17



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

18



Against For Authorize Capitalization of Reserves of Up to EUR 10 Million for Bonus Issue or Increase in Par Value

19



Against For Authorize Capital Increase of Up to EUR 10 Million for Future Exchange Offers

20




21

For For Set Total Limit for Capital Increase to Result from Issuance Requests Under Items 16-21 at EUR 20 Million

22

Against For Authorize up to 2 Percent of Issued Capital for Use in Restricted Stock Plans

23

Voter Rationale: Lack of disclosure around performance conditions.

Blended Rationale: Lack of disclosure around performance conditions.

Vote Summary Report


Nacon SASU Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


24


25

Norcros Plc Meeting Date: 07/30/2020 Country: United Kingdom

Meeting Type: Annual Ticker: NXR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For



For For Elect Mark Allen as Director 4

For For Re-elect Alison Littley as Director 5

For For Re-elect David McKeith as Director 6

For For Re-elect Nick Kelsall as Director 7

For For Re-elect Shaun Smith as Director 8



10

For For Approve Deferred Bonus Plan 11

For For Approve Performance Share Plan 12



14


15



17

Vote Summary Report


Obsidian Energy Ltd. Meeting Date: 07/30/2020 Country: Canada

Meeting Type: Annual/Special Ticker: OBE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Ratify Ernst & Young LLP as Auditors For For

For For Elect Director John Brydson 2.1

For For Elect Director Raymond D. Crossley 2.2

For For Elect Director Michael J. Faust 2.3

For For Elect Director William A. Friley 2.4

Withhold For Elect Director Maureen Cormier Jackson 2.5

Voter Rationale: Chair of the nominating committee and insufficient diversity

Blended Rationale: Chair of the nominating committee and insufficient diversity

For For Elect Director Edward H. Kernaghan 2.6

For For Elect Director Stephen E. Loukas 2.7

For For Elect Director Gordon Ritchie 2.8

For For Advisory Vote on Executive Compensation Approach

3

For For Amend Stock Option Plan 4

For For Re-approve Stock Option Plan 5

For For Amend Restricted and Performance Share Unit Plan

6

For For Re-approve Restricted and Performance Share Unit Plan

7

Olympus Corp. Meeting Date: 07/30/2020 Country: Japan


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Allocation of Income, with a Final Dividend of JPY 10

For For

For For Amend Articles to Authorize Board to Determine Income Allocation

2

Vote Summary Report


Olympus Corp. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Takeuchi, Yasuo 3.1

For For Elect Director Fujita, Sumitaka 3.2

For For Elect Director Kaminaga, Susumu 3.3

For For Elect Director Kikawa, Michijiro 3.4

For For Elect Director Iwamura, Tetsuo 3.5

For For Elect Director Masuda, Yasumasa 3.6

For For Elect Director Natori, Katsuya 3.7

For For Elect Director Iwasaki, Atsushi 3.8

For For Elect Director David Robert Hale 3.9

For For Elect Director Jimmy C. Beasley 3.10

For For Elect Director Stefan Kaufmann 3.11

For For Elect Director Koga, Nobuyuki 3.12

OnTheMarket Plc Meeting Date: 07/30/2020 Country: United Kingdom

Meeting Type: Annual Ticker: OTMP

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Reappoint RSM UK Audit LLP as Auditors 2


For For Elect Rupert Sebag-Montefiore as Director 4



6


7

Vote Summary Report


Piramal Enterprises Limited Meeting Date: 07/30/2020 Country: India


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Reelect Vijay Shah as Director 3

For For Elect Rajesh Laddha as Director 4

For For Approve Appointment and Remuneration of Rajesh Laddha as Whole-Time Director Designated as Executive Director

5

For For Approve Sale and Transfer of the Pharmaceutical Business of the Company

6


For For Authorize Issuance of Non-Convertible Debentures on Private Placement Basis

8

Prestige International, Inc. Meeting Date: 07/30/2020 Country: Japan


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Tamagami, Shinichi For For

For For Elect Director Sekine, Hiroshi 1.2

For For Elect Director Osaka, Yuki 1.3

For For Elect Director Iwase, Kanako 1.4

For For Elect Director Hattori, Yoshikazu 1.5

For For Appoint Statutory Auditor Ishino, Yutaka 2

PT Bank Central Asia Tbk Meeting Date: 07/30/2020 Country: Indonesia

Meeting Type: Special Ticker: BBCA

Vote Summary Report


PT Bank Central Asia Tbk

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Acquisition Plan in Connection with the Acquisition of the Shares in PT Bank Rabobank International Indonesia

For Against




Voter Rationale: Not in shareholders' interests.

Blended Rationale: Not in shareholders' interests.

PT Ciputra Development Tbk Meeting Date: 07/30/2020 Country: Indonesia

Meeting Type: Annual Ticker: CTRA

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 Purwantono, Sungkoro dan Surja as Auditors and Authorize Board to Fix Their Remuneration

3


4

For For Approve Changes in Board of Commissioners 5

PT Ciputra Development Tbk Meeting Date: 07/30/2020 Country: Indonesia

Meeting Type: Special Ticker: CTRA

Vote Summary Report


PT Ciputra Development Tbk

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights and Amend Articles of Association

For For

Ralph Lauren Corporation Meeting Date: 07/30/2020 Country: USA

Meeting Type: Annual Ticker: RL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Frank A. Bennack, Jr. For For

For For Elect Director Michael A. George 1.2

For For Elect Director Hubert Joly 1.3



3

Blended Rationale: The minimum vesting period is less than 3 years.

Shenzhen Gas Corp. Ltd. Meeting Date: 07/30/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Settlement of Convertible Bond Fundraising Projects and Use of Excess Raised Funds to Replenish Working Capital

For For

Against For Approve Capital Increase in Wholly-owned Subsidiary

2



Vote Summary Report


Singapore Telecommunications Limited Meeting Date: 07/30/2020 Country: Singapore

Meeting Type: Annual Ticker: Z74

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Adopt Financial Statements and Directors' and Auditors' Reports

For For


For For Elect Chua Sock Koong as Director 3

For For Elect Low Check Kian as Director 4

For For Elect Lee Theng Kiat as Director 5

For For Approve Directors' Fees 6


7


8

For For Approve Grant of Awards and Issuance of Shares Under the Singtel Performance Share Plan 2012

9


For For Amend Constitution 11

SKY Perfect JSAT Holdings Inc. Meeting Date: 07/30/2020 Country: Japan


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Takada, Shinji For For

For For Elect Director Yonekura, Eiichi 1.2

For For Elect Director Nito, Masao 1.3

For For Elect Director Fukuoka, Toru 1.4

For For Elect Director Omatsuzawa, Kiyohiro 1.5

For For Elect Director Ogawa, Masato 1.6

For For Elect Director Nakatani, Iwao 1.7

Vote Summary Report


SKY Perfect JSAT Holdings Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect Director Iijima, Kazunobu 1.8



Against For Elect Director Kosugi, Yoshinobu 1.9



For For Elect Director Fujiwara, Hiroshi 1.10

Against For Elect Director Oga, Kimiko 1.11



Against For Appoint Statutory Auditor Otomo, Jun 2



For For Approve Restricted Stock Plan 3

Threadneedle Property Unit Trust Meeting Date: 07/30/2020 Country: United Kingdom

Meeting Type: Annual Ticker: LZPRX

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

Against For Reappoint PricewaterhouseCoopers LLP as Auditors

2

Voter Rationale: Excessive tenure as auditor

Blended Rationale: Excessive tenure as auditor

For For Authorise the Manager to Fix Remuneration of Auditors

3

Unipres Corp. Meeting Date: 07/30/2020 Country: Japan


Vote Summary Report


Unipres Corp.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Allocation of Income, With a Final Dividend of JPY 27.5

For For

For For Elect Director Uranishi, Nobuya 2.1

For For Elect Director Ogoshi, Hideki 2.2

For For Elect Director Shiokawa, Shinji 2.3

For For Elect Director Morita, Yukihiko 2.4

For For Elect Director Miura, Kenji 2.5

Against For Elect Director Endo, Satoru 2.6



For For Elect Director and Audit Committee Member Asahi, Shigeru

3.1

For For Elect Director and Audit Committee Member Yoshiba, Hiroko

3.2

For For Elect Director and Audit Committee Member Nishiyama, Shigeru

3.3

Whiting Petroleum Corporation Meeting Date: 07/30/2020 Country: USA

Meeting Type: Written Consent Ticker: WLL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Vote On The Plan (For = Accept, Against = Reject; Abstain Votes Do Not Count)

For For

For For Opt Out Of The Third-party Release (For = Opt Out, Against Or Abstain = Do Not Opt Out)

2

Alpha Bank SA Meeting Date: 07/31/2020 Country: Greece

Meeting Type: Annual Ticker: ALPHA

Vote Summary Report


Alpha Bank SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


2


For For Approve Director Remuneration for 2019 4

For For Pre-approve Director Remuneration for 2020 5


For For Approve Stock Option Plan 7

For For Elect Dimitris C. Tsitsiragos as Independent Director

8.B.1

For For Elect Elanor R. Hardwick as Independent Director

8.B.2

For For Elect Members of Risk Management Committee (Bundled)

8.C.1

For For Elect Members of Remuneration Committee (Bundled)

8.C.2

For For Elect Members of Corporate Governance and Nominations Committee (Bundled)

8.C.3

For For Elect Efthimios O. Vidalis as Member of Audit Committee

9.1

For For Elect Carolyn G. Dittmeier as Member of Audit Committee

9.2

For For Elect Elanor R. Hardwick as Member of Audit Committee

9.3

For For Elect Johannes Herman Frederik G. Umbgrove as Member of Audit Committee

9.4

For For Elect Jan A. Vanhevel as Member of Audit Committee

9.5

For For Authorize Board to Participate in Companies with Similar Business Interests

10

Axis Bank Limited Meeting Date: 07/31/2020 Country: India


Vote Summary Report


Axis Bank Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Reelect B. Baburao as Director 2

For For Reelect Rakesh Makhija as Director 3

For For Elect T.C. Suseel Kumar as Director 4

For For Authorize Issuance of Debt Securities on Private Placement Basis

5


6

Bharti Airtel Limited Meeting Date: 07/31/2020 Country: India

Meeting Type: Court Ticker: 532454

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Composite Scheme of Arrangement For For

IRB Brasil Resseguros SA Meeting Date: 07/31/2020 Country: Brazil

Meeting Type: Annual Ticker: IRBR3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Management Statements for Fiscal Year Ended Dec. 31, 2019, with Qualifications to Former Executives' Reports

For Against

Voter Rationale: Ongoing governance investigations.

Blended Rationale: Ongoing governance investigations.

Vote Summary Report


IRB Brasil Resseguros SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Accept Financial Statements for Fiscal Year Ended Dec. 31, 2019

2

Voter Rationale: Ongoing governance investigations.

Blended Rationale: Ongoing governance investigations.


For For Fix Number of Fiscal Council Members at Four 4



6

For For Elect Hugo Daniel Castillo Irigoyen as Independent Director

7

IRB Brasil Resseguros SA Meeting Date: 07/31/2020 Country: Brazil

Meeting Type: Special Ticker: IRBR3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Remuneration of Company's Management and Fiscal Council

For For

For For Authorize Company to File Lawsuit Against the Former Executive Officer and the Former Financial and Investor Relationship Vice-President for the Damages Caused to the Company

2

JD Sports Fashion Plc Meeting Date: 07/31/2020 Country: United Kingdom

Meeting Type: Annual Ticker: JD

Vote Summary Report


JD Sports Fashion Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


Voter Rationale: Continued exceptional bonus payments.

Blended Rationale: Continued exceptional bonus payments.


Voter Rationale: Continued exceptional bonus payments.

Blended Rationale: Continued exceptional bonus payments.

Against For Re-elect Peter Cowgill as Director 4

Voter Rationale: Combined CEO/Chair role.

Blended Rationale: Combined CEO/Chair role.

For For Re-elect Neil Greenhalgh as Director 5

Against For Re-elect Andrew Leslie as Director 6

Voter Rationale: Continued remuneration issues.

Blended Rationale: Continued remuneration issues.

For For Re-elect Martin Davies as Director 7

For For Re-elect Heather Jackson as Director 8

For For Re-elect Kath Smith as Director 9

For For Re-elect Andrew Rubin as Director 10



12

Against For Approve Long Term Incentive Plan 2020 13

Voter Rationale: Three year LTIP.

Blended Rationale: Three year LTIP.


14



16


17

Vote Summary Report


Klabin SA Meeting Date: 07/31/2020 Country: Brazil

Meeting Type: Annual Ticker: KLBN4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




4

Against For Elect Directors 5

Voter Rationale: Some of the candidates are currently under investigation by the CVM due to governance concerns.

Blended Rationale: Some of the candidates are currently under investigation by the CVM due to governance concerns.


6


7

For None Percentage of Votes to Be Assigned - Elect Daniel Miguel Klabin as Director and Amanda Klabin Tkacz as Alternate

8.1

For None Percentage of Votes to Be Assigned - Elect Armando Klabin as Director and Wolff Klabin as Alternate

8.2

For None Percentage of Votes to Be Assigned - Elect Pedro Oliva Marcilio de Sousa as Independent Director and Alberto Klabin as Alternate

8.3

For None Percentage of Votes to Be Assigned - Elect Jose Luis de Salles Freire as Independent Director and Francisco Lafer Pati as Alternate

8.4

For None Percentage of Votes to Be Assigned - Elect Horacio Lafer Piva as Director and Francisco Amaury Olsen as Alternate

8.5

Abstain None Percentage of Votes to Be Assigned - Elect Israel Klabin as Director and Celso Lafer as Alternate

8.6

For None Percentage of Votes to Be Assigned - Elect Paulo Sergio Coutinho Galvao Filho as Director and Vivian do Valle Souza Leao Mikui as Alternate

8.7

Vote Summary Report


Klabin SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For None Percentage of Votes to Be Assigned - Elect Roberto Klabin Martins Xavier as Director and Lilia Klabin Levine as Alternate

8.8

For None Percentage of Votes to Be Assigned - Elect Roberto Luiz Leme Klabin as Independent Director and Marcelo Bertini de Rezende Barbosa as Alternate

8.9

For None Percentage of Votes to Be Assigned - Elect Camilo Marcantonio Junior as Independent Director and Ruan Pires Alves as Alternate

8.10

For None Percentage of Votes to Be Assigned - Elect Sergio Francisco Monteiro de Carvalho Guimaraes as Independent Director and Joaquim Pedro Monteiro de Carvalho Collor de Mello as Alternate

8.11

For None Percentage of Votes to Be Assigned - Elect Vera Lafer as Director and Vera Lafer Lorch Cury as Alternate

8.12


9

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?

10

For None Elect Mauro Gentile Rodrigues da Cunha as Director and Tiago Curi Isaac as Alternate Appointed by Preferred Shareholder

11


12





14

For None Elect Louise Barsi as Fiscal Council Member and Tiago Brasil Rocha as Alternate Appointed by Preferred Shareholder

15

Vote Summary Report


Klabin SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For None Elect Mauricio Aquino Halewicz as Fiscal Council Member and Geraldo Affonso Ferreira Filho as Alternate Appointed by Minority Shareholder

16


17


18

Midatech Pharma Plc Meeting Date: 07/31/2020 Country: United Kingdom

Meeting Type: Annual Ticker: MTPH

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For Against

Voter Rationale: 3 year LTIP, no performance conditions.

Blended Rationale: 3 year LTIP, no performance conditions.

Against For Re-elect Rolf Stahel as Director 2

Voter Rationale: All male board, lack of board independence.

Blended Rationale: All male board, lack of board independence.

For For Elect Stephen Stamp as Director 3

For For Reappoint BDO LLP as Auditors and Authorise Their Remuneration

4

Against For Authorise Issue of Equity 5

Voter Rationale: Board do not adhere to the guidelines of the UK's Pre-Emption Group.

Blended Rationale: Board do not adhere to the guidelines of the UK's Pre-Emption Group.

Against For Authorise Issue of Equity without Pre-emptive Rights

6



Against For Authorise Market Purchase of Shares 7



Vote Summary Report


Pennon Group Plc Meeting Date: 07/31/2020 Country: United Kingdom

Meeting Type: Annual Ticker: PNN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For




For For Re-elect Gill Rider as Director 5

For For Re-elect Neil Cooper as Director 6

For For Elect Paul Boote as Director 7

For For Elect Jon Butterworth as Director 8

For For Re-elect Susan Davy as Director 9

For For Re-elect Iain Evans as Director 10

For For Elect Claire Ighodaro as Director 11



13


14



16

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

17



19

For For Approve WaterShare+ Dividend 20

PetMed Express, Inc. Meeting Date: 07/31/2020 Country: USA

Meeting Type: Annual Ticker: PETS

Vote Summary Report


PetMed Express, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Menderes Akdag For For

For For Elect Director Leslie C.G. Campbell 1b

For For Elect Director Frank J. Formica 1c

For For Elect Director Gian M. Fulgoni 1d

For For Elect Director Ronald J. Korn 1e

For For Elect Director Robert C. Schweitzer 1f


2



Raven Property Group Ltd. Meeting Date: 07/31/2020 Country: Guernsey

Meeting Type: Special Ticker: RAV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Articles of Incorporation Re: Article 8.1.9 For For

For For Amend Articles of Incorporation Re: Article 2.6.11

2

For For Approve Re-designation of All Issued Convertible Preference Shares into Ordinary Shares and Preference Shares

3

Safaricom Plc Meeting Date: 07/31/2020 Country: Kenya

Meeting Type: Annual Ticker: SCOM

Vote Summary Report


Safaricom Plc

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Approve Final Dividend of KES 1.40 Per Share 2

For For Reelect Rose Ogega as Director 3

For For Elect Rose Ogega as Member of Audit Committee

4.1

For For Elect Bitange Ndemo as Member of Audit Committee

4.2

For For Elect Esther Koimett as Member of Audit Committee

4.3

For For Elect Mohamed Joosub as Member of Audit Committee

4.4

For For Approve Remuneration of Directors and Approve Director's Remuneration Report

5

For For Ratify Ernst & Young as Auditors and Fix Their Remuneration

6




For For Amend Article 63 of Bylaws Re: Distribution of Notices

8.a

For For Insert Article 64A of Bylaws Re: General Meetings Attendance Via Electronic Means

8.b

Sao Martinho SA Meeting Date: 07/31/2020 Country: Brazil

Meeting Type: Annual Ticker: SMTO3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

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

For For



Vote Summary Report


Sao Martinho SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


4


5

For None Percentage of Votes to Be Assigned - Elect Murilo Cesar Lemos dos Santos Passos as Independent Board Chairman

6.1

For None Percentage of Votes to Be Assigned - Elect Mauricio Krug Ometto as Board Vice-Chairman

6.2

For None Percentage of Votes to Be Assigned - Elect Guilherme Fontes Ribeiro as Director

6.3

For None Percentage of Votes to Be Assigned - Elect Joao Carlos Costa Brega as Independent Director

6.4

For None Percentage of Votes to Be Assigned - Elect Marcelo Campos Ometto as Director

6.5

For None Percentage of Votes to Be Assigned - Elect Nelson Marques Ferreira Ometto as Director

6.6

For None Percentage of Votes to Be Assigned - Elect Olga Stankevicius Colpo as Director

6.7


7


8


Voter Rationale: Focusing votes on minority fiscal candidate.

Blended Rationale: Focusing votes on minority fiscal candidate.


10

For None Elect Fiscal Council Member Appointed by Minority Shareholder

11

Vote Summary Report


Sao Martinho SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


12

Voter Rationale: Figure reported does not appear inclusive of all elements of fixed pay.

Blended Rationale: Figure reported does not appear inclusive of all elements of fixed pay.

Sao Martinho SA Meeting Date: 07/31/2020 Country: Brazil

Meeting Type: Special Ticker: SMTO3

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Authorize Capitalization of Reserves Without Issuance of Shares and Amend Article 5 Accordingly

For For

For For Amend Articles 2


Sequoia Economic Infrastructure Income Fund Ltd. Meeting Date: 07/31/2020 Country: Guernsey

Meeting Type: Annual Ticker: SEQI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For


For For Re-elect Robert Jennings as Director 3

For For Re-elect Sandra Platts as Director 4

For For Re-elect Jonathan Bridel as Director 5

For For Re-elect Jan Pethick as Director 6

For For Ratify KPMG Channel Islands Limited as Auditors

7


Vote Summary Report


Sequoia Economic Infrastructure Income Fund Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction




11

Sirius Real Estate Ltd. Meeting Date: 07/31/2020 Country: Guernsey

Meeting Type: Annual Ticker: SRE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction


For For

For For Elect Caroline Britton as Director 2

For For Re-elect Mark Cherry as Director 3

For For Elect Kelly Cleveland as Director 4

For For Re-elect Andrew Coombs as Director 5

Against For Re-elect Daniel Kitchen as Director 6

Voter Rationale: Over boarded with multiple chairmanships.

Blended Rationale: Over boarded with multiple chairmanships.

For For Re-elect Alistair Marks as Director 7

Against For Re-elect James Peggie as Director 8

Voter Rationale: Continued remuneration failures.

Blended Rationale: Continued remuneration failures.



10



Voter Rationale: Block award dispersed over a three to five-year period.

Blended Rationale: Block award dispersed over a three to five-year period.

Vote Summary Report


Sirius Real Estate Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Implementation Report 13

Voter Rationale: Block award dispersed over a three to five-year period.

Blended Rationale: Block award dispersed over a three to five-year period.

For For Approve Scrip Dividend 14



16


17


Taekwang Industrial Co., Ltd. Meeting Date: 07/31/2020 Country: South Korea


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Park Jae-yong as Inside Director For For

Toshiba Corp. Meeting Date: 07/31/2020 Country: Japan


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Amend Articles to Restore Shareholder Authority to Vote on Share Buybacks - Restore Shareholder Authority to Vote on Income Allocation

For For

For For Elect Director Tsunakawa, Satoshi 2.1

For For Elect Director Kurumatani, Nobuaki 2.2

For For Elect Director Furuta, Yuki 2.3

For For Elect Director Ota, Junji 2.4

Vote Summary Report


Toshiba Corp. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Kobayashi, Nobuyuki 2.5

For For Elect Director Yamauchi, Takashi 2.6

For For Elect Director Fujimori, Yoshiaki 2.7

For For Elect Director Paul J. Brough 2.8

For For Elect Director Ayako Hirota Weissman 2.9

For For Elect Director Jerome Thomas Black 2.10

For For Elect Director George Raymond Zage III 2.11

For For Elect Director Nagayama, Osamu 2.12

Against Against Elect Shareholder Director Nominee Allen Chu 3.1

Against Against Elect Shareholder Director Nominee Shimizu, Yuya

3.2

Against Against Elect Shareholder Director Nominee Takeuchi, Akira

4.1

Against Against Elect Shareholder Director Nominee Sugiyama, Tadaaki

4.2

Against Against Elect Shareholder Director Nominee Imai, Yoichiro

4.3

Weichai Power Co., Ltd. Meeting Date: 07/31/2020 Country: China


Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Grant of the Guarantees by the Company for the Benefit of Weichai Power Hong Kong International Development Co., Limited in Respect of Certain Loans

For For

Weichai Power Co., Ltd. Meeting Date: 07/31/2020 Country: China


Vote Summary Report


Weichai Power Co., Ltd.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Grant of the Guarantees by the Company for the Benefit of Weichai Power Hong Kong International Development Co., Limited in Respect of Certain Loans

For For