Voting June 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: 06/01/2020 to 06/30/2020

American Campus Communities, Inc. Meeting Date: 06/01/2020 Country: USA

Meeting Type: Annual Ticker: ACC

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director William C. Bayless, Jr. 1a

For For Elect Director G. Steven Dawson 1b

For For Elect Director Cydney C. Donnell 1c

For For Elect Director Mary C. Egan 1d

For For Elect Director Edward Lowenthal 1e

For For Elect Director Oliver Luck 1f

For For Elect Director C. Patrick Oles, Jr. 1g

For For Elect Director John T. Rippel 1h

For For Elect Director Carla Pineyro Sublett 1i

For For Ratify Ernst & Young 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.

Blackbird Plc Meeting Date: 06/01/2020 Country: United Kingdom

Meeting Type: Annual Ticker: BIRD

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports

For For

For For Reappoint Moore Kingston Smith LLP as Auditors and Authorise Their Remuneration

2

For For Elect Dawn Airey as Director 3

For For Re-elect Stephen Streater as Director 4

For For Authorise Issue of Equity 5

For For Authorise Issue of Equity without Pre-emptive Rights

6

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Canadian Apartment Properties Real Estate Investment Trust Meeting Date: 06/01/2020 Country: Canada

Meeting Type: Annual/Special Ticker: CAR.UN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Trustees Harold Burke For For

For For Elect Trustees Gina Parvaneh Cody 1.2

For For Elect Trustees Mark Kenney 1.3

For For Elect Trustees Poonam Puri 1.4

For For Elect Trustees Jamie Schwartz 1.5

For For Elect Trustees Michael Stein 1.6

For For Elect Trustees Elaine Todres 1.7

For For Elect Trustees Rene Tremblay 1.8

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

2

For For Advisory Vote on Executive Compensation Approach

3

China International Marine Containers (Group) Co., Ltd. Meeting Date: 06/01/2020 Country: China

Meeting Type: Annual Ticker: 2039

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve 2019 Work Report of the Board of Directors

For For

For For Approve 2019 Work Report of the Supervisory Committee

2

For For Approve 2019 Annual Report 3

For For Approve 2019 Profit Distribution and Dividend Distribution Proposal

4

For For Approve Appointment of Accounting Firm in 2020

5

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

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

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Provision of Mortgage Loan Credit Guarantees by Shenzhen CIMC Skyspace Real Estate Development Co., Ltd. and Its Holding Subsidiaries to Buyers of Commercial Housings

6

For For Approve Provision of Credit Guarantees by CIMC Vehicles (Group) Co., Ltd. and Its Holding Subsidiaries for Its Distributors and Clients

7

Against For Approve Application by CIMC Finance Company Limited to Provide External Guarantees Business for the Group's Subsidiaries

8

Voter Rationale: Lack of disclosure.

Blended Rationale: Lack of disclosure.

For For Approve Provision of Credit Guarantees by C&C Trucks Co. Ltd. and Its Holding Subsidiaries for Its Distributors and Clients

9

For For Approve Provision of Buyer Financing by CIMC Enric Holdings Limited and Its Holding Subsidiaries for Its Clients and Minority Shareholders

10

For For Approve Provision of Credit Guarantees by CIMC Modern Logistics Development Co., Ltd. and Its Holding Subsidiaries for Its Clients

11

For For Approve Provision of Buyer Credit by CIMC Container Holding Co., Ltd. and Its Holding Subsidiaries for Its Clients

12

For For Approve Provision of Credit Guarantee by Shaanxi CIMC Vehicle Industrial Park Investment and Development Co., Ltd. for Its Clients

13

For For Approve Provision of Credit Guarantee by Shenyang CIMC Industrial Park Investment and Development Co., Ltd. for Its Clients

14

Against For Approve Guarantee Provided by Shenzhen CIMC Skyspace Real Estate Development Co., Ltd. to Qujing Project Company

15

Voter Rationale: The company will be taking in a disproportionate amount of risk relative to its ownership stake without compelling justification.

Blended Rationale: The company will be taking in a disproportionate amount of risk relative to its ownership stake without compelling justification.

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

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

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Guarantee Provided by Shenzhen CIMC Skyspace Real Estate Development Co., Ltd. to Shangrong Real Estate and Shangtai Real Estate

16

Voter Rationale: The company will be taking in a disproportionate amount of risk relative to its ownership stake without compelling justification.

Blended Rationale: The company will be taking in a disproportionate amount of risk relative to its ownership stake without compelling justification.

For For Approve Credit Guarantee Provided by CIMC Financing and Leasing Co., Ltd. and Its Holding Subsidiaries to their Customers

17

For For Approve Fund Operation of Bonus Balance under the Profit Sharing Scheme

18

For For Approve Provision of Financial Assistance to a Connected Party by a Controlling Subsidiary of Shenzhen CIMC Skyspace Real Estate Development Co., Ltd.

19

For For Approve Satisfaction of the Conditions for Public Issuance of Corporate Bonds to Qualified Investors

20.1

For For Approve Scheme for Public Issuance of Corporate Bonds to Qualified Investors

20.2

For For Approve Authorization to the Board by the General Meeting and Authorization to the Persons by the Board to Handle All the Matters Relating to the Public Issuance of Corporate Bonds to Qualified Investors in their Discretion

20.3

For For Approve Amendments to the Articles of Association

21

For For Amend Rules and Procedures Regarding General Meetings of Shareholders

22

For For Approve Registration and Issuance of Medium-Term Notes (including Perpetual Medium Term Notes) and Super & Short-Term Commercial Papers

23

For For Approve Resolution Regarding Financial Institutions Facility and Project Guarantee Provided to the Subsidiaries of the Company in 2020

24

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

25

Voter Rationale: Excessive dilution.

Blended Rationale: Excessive dilution.

For For Authorize Repurchase of Issued Share Capital 26

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

China International Marine Containers (Group) Co., Ltd. Meeting Date: 06/01/2020 Country: China

Meeting Type: Special Ticker: 2039

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Authorize Repurchase of Issued Share Capital For For

DiGi.com Berhad Meeting Date: 06/01/2020 Country: Malaysia

Meeting Type: Annual Ticker: 6947

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Elect Haakon Bruaset Kjoel as Director For For

For For Elect Vimala A/P V.R. Menon as Director 2

For For Elect Lars Erik Tellmann as Director 3

For For Approve Directors' Fees and Benefits 4

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

5

For For Approve Saw Choo Boon to Continue Office as Independent Non-Executive Director

6

For For Approve Renewal of Shareholders' Mandate for Recurrent Related Party Transactions with Telenor ASA and Persons Connected with Telenor

7

First Resources Limited (Singapore) Meeting Date: 06/01/2020 Country: Singapore

Meeting Type: Annual Ticker: EB5

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Adopt Financial Statements and Directors' and Auditors' Reports

For For

For For Approve Final Dividend 2

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

First Resources Limited (Singapore) Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Lim Ming Seong as Director 3

For For Elect Fang Zhixiang as Director 4

For For Elect Tan Seow Kheng as Director 5

For For Elect Wong Su Yen as Director 6

For For Elect Peter Ho Kok Wai as Director 7

For For Approve Directors' Fees 8

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

9

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

10

Voter Rationale: Excessive dilution.

Blended Rationale: Excessive dilution.

For For Approve Mandate for Interested Person Transactions

11

Against For Authorize Share Repurchase Program 12

Voter Rationale: 20% premium for off market purchases is non-transparent and appears excessive.

Blended Rationale: 20% premium for off market purchases is non-transparent and appears excessive.

First Resources Limited (Singapore) Meeting Date: 06/01/2020 Country: Singapore

Meeting Type: Special Ticker: EB5

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Adopt First Resources Employee Share Option Scheme 2020

For Against

Voter Rationale: Performance criteria and meaningful vesting periods have not been disclosed.

Blended Rationale: Performance criteria and meaningful vesting periods have not been disclosed.

Against For Approve Grant of Options at a Discount Under the First Resources Employee Share Option Scheme 2020

2

Voter Rationale: Performance criteria and meaningful vesting periods have not been disclosed.

Blended Rationale: Performance criteria and meaningful vesting periods have not been disclosed.

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

First Resources Limited (Singapore) Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Adopt First Resources Employee Share Award Scheme 2020

3

Voter Rationale: Performance criteria and meaningful vesting periods have not been disclosed.

Blended Rationale: Performance criteria and meaningful vesting periods have not been disclosed.

Genscript Biotech Corp. Meeting Date: 06/01/2020 Country: Cayman Islands

Meeting Type: Annual Ticker: 1548

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports

For For

For For Elect Wang Luquan as Director 2A1

For For Elect Pan Yuexin as Director 2A2

For For Elect Dai Zumian as Director 2A3

For For Authorize Board to Fix Remuneration of Directors

2B

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

3

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

4A

Voter Rationale: Excessive dilution.

Blended Rationale: Excessive dilution.

For For Authorize Repurchase of Issued Share Capital 4B

Against For Authorize Reissuance of Repurchased Shares 4C

Voter Rationale: Discount limit not specified.

Blended Rationale: Discount limit not specified.

Gree Electric Appliances, Inc. of Zhuhai Meeting Date: 06/01/2020 Country: China

Meeting Type: Annual Ticker: 000651

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Gree Electric Appliances, Inc. of Zhuhai

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Report of the Board of Directors For For

For For Approve Report of the Board of Supervisors 2

For For Approve Financial Report 3

For For Approve Annual Report and Summary 4

For For Approve Profit Distribution 5

For For Approve Appointment of Auditor 6

For For Approve Special Report on Foreign Exchange Derivatives Trading Business

7

For For Approve Use of Own Idle Funds for Investment in Financial Products

8

For For Approve Daily Related-Party Transactions 9

For For Amend Articles of Association 10

Hexcel Corporation Meeting Date: 06/01/2020 Country: USA

Meeting Type: Annual Ticker: HXL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Nick L. Stanage For For

For For Elect Director Joel S. Beckman 1b

For For Elect Director Jeffrey C. Campbell 1c

For For Elect Director Cynthia M. Egnotovich 1d

For For Elect Director Thomas A. Gendron 1e

For For Elect Director Jeffrey A. Graves 1f

For For Elect Director Guy C. Hachey 1g

For For Elect Director Catherine A. Suever 1h

For For Advisory Vote to Ratify Named Executive Officers' Compensation

2

For For Ratify Ernst & Young LLP as Auditors 3

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Lung Kee (Bermuda) Holdings Limited Meeting Date: 06/01/2020 Country: Bermuda

Meeting Type: Annual Ticker: 255

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Adopt Financial Statements and Statutory Reports

For For

For For Approve Final Dividend 2

For For Fix Number of Directors at 15 3

For For Elect Siu Tit Lung as Director 4a

For For Elect Ting Chung Ho as Director 4b

For For Elect Siu Yu Hang, Leo as Director 4c

For For Authorize Board to Fix Remuneration of Directors

5

For For Authorize Board to Appoint Additional Directors 6

For For Approve Deloitte Touche Tohmatsu as Auditor 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.

RadNet, Inc. Meeting Date: 06/01/2020 Country: USA

Meeting Type: Annual Ticker: RDNT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Howard G. Berger For For

For For Elect Director Marvin S. Cadwell 1.2

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

RadNet, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director John V. Crues, III 1.3

For For Elect Director Laura P. Jacobs 1.4

For For Elect Director Lawrence L. Levitt 1.5

For For Elect Director David L. Swartz 1.6

For For Elect Director Ruth V. Wilson 1.7

For For Ratify Ernst & Young LLP as Auditors 2

For For Advisory Vote to Ratify Named Executive Officers' Compensation

3

RMB Holdings Ltd. Meeting Date: 06/01/2020 Country: South Africa

Meeting Type: Special Ticker: RMH

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve the RMH Unbundling in Terms of Section 112 of the Companies Act

For For

Semiconductor Manufacturing International Corporation Meeting Date: 06/01/2020 Country: Cayman Islands

Meeting Type: Special Ticker: 981

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve RMB Share Issue and Specific Mandate For For

For For Authorize Board to Deal with All Matters in Relation to the RMB Share Issue

2

For For Approve Plan for Distribution of Profits Accumulated Before the RMB Share Issue

3

For For Approve Policy for Stabilization of the Price of the RMB Shares for the Three Years After the RMB Share Issue

4

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Semiconductor Manufacturing International Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Profits Distribution Policy and Dividend Return Plan for the Three Years After the RMB Share Issue

5

For For Approve Use of Proceeds from the RMB Share Issue

6

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

7

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

8

For For Approve Adoption of Policy Governing the Procedures for the Holding of General Meetings

9

For For Approve 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

Sinotrans Limited Meeting Date: 06/01/2020 Country: China

Meeting Type: Special Ticker: 598

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Share Option Incentive Scheme of Sinotrans Limited (Revised Draft) and Its Summary

For Against

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

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

Against For Approve Share Option Incentive Scheme of Sinotrans Limited (Phase I) (Revised Draft) and Its Summary

2

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

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

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Sinotrans Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Appraisal Measures for Implementation of the Share Option Incentive Scheme of Sinotrans Limited

3

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

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

Against For Approve Grant of Options and Issuance of Shares Under the Share Option Incentive Scheme

4

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

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

Against For Approve Grant of Options and Issuance of Shares Under the Share Option Incentive Scheme (Phase I)

5

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

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

For For Amend Articles of Association and Amend Rules and Procedures Regarding General Meetings

6

Sinotrans Limited Meeting Date: 06/01/2020 Country: China

Meeting Type: Annual Ticker: 598

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

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

For Against

Voter Rationale: Excessive dilution.

Blended Rationale: Excessive dilution.

For For Authorize Repurchase of Issued H Share Capital 2

For For Approve Updated Mandate of the Issue of Debt Financing Instruments

3

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Sinotrans Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Estimated Guarantees of the Company 4

Voter Rationale: The company will be taking in a disproportionate amount of risk relative to its ownership stake without compelling justification.

Blended Rationale: The company will be taking in a disproportionate amount of risk relative to its ownership stake without compelling justification.

For For Approve 2019 Work Report of the Board of Directors

5

For For Approve 2019 Work Report of the Supervisory Committee

6

For For Approve 2019 Work Report of Independent Non-Executive Directors

7

For For Approve 2019 Final Financial Accounts Report 8

For For Approve 2019 Annual Report and Its Summary 9

Against For Approve 2020 Financial Budget 10

Voter Rationale: Lack of information.

Blended Rationale: Lack of information.

For For Approve 2019 Profit Distribution Plan 11

For For Approve ShineWing Certified Public Accountants LLP as Auditor

12

For For Approve Remuneration of Directors 13

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

14

For For Elect Li Guanpeng as Director 15.1

Against For Elect Song Dexing as Director 15.2

Voter Rationale: Attendance concerns.

Blended Rationale: Attendance concerns.

Sinotrans Limited Meeting Date: 06/01/2020 Country: China

Meeting Type: Special Ticker: 598

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Sinotrans Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Share Option Incentive Scheme of Sinotrans Limited (Revised Draft) and Its Summary

For Against

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

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

Against For Approve Share Option Incentive Scheme of Sinotrans Limited (Phase I) (Revised Draft) and Its Summary

2

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

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

Against For Approve Appraisal Measures for Implementation of the Share Option Incentive Scheme of Sinotrans Limited

3

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

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

Against For Approve Grant of Options and Issuance of Shares Under the Share Option Incentive Scheme

4

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

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

Against For Approve Grant of Options and Issuance of Shares Under the Share Option Incentive Scheme (Phase I)

5

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

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

For For Amend Articles of Association and Amend Rules and Procedures Regarding General Meetings

6

For For Authorize Repurchase of Issued H Share Capital 7

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

The Buckle, Inc. Meeting Date: 06/01/2020 Country: USA

Meeting Type: Annual Ticker: BKE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Daniel J. Hirschfeld For For

For For Elect Director Dennis H. Nelson 1.2

For For Elect Director Thomas B. Heacock 1.3

For For Elect Director Kari G. Smith 1.4

For For Elect Director Hank M. Bounds 1.5

For For Elect Director Bill L. Fairfield 1.6

For For Elect Director Bruce L. Hoberman 1.7

For For Elect Director Michael E. Huss 1.8

For For Elect Director Angie J. Klein 1.9

For For Elect Director John P. Peetz, III 1.10

For For Elect Director Karen B. Rhoads 1.11

For For Elect Director James E. Shada 1.12

For For Ratify Deloitte & Touche LLP as Auditor 2

For For Approve Executive Incentive Bonus Plan 3

Against For Advisory Vote to Ratify Named Executive Officers' Compensation

4

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

For For Amend Non-Employee Director Restricted Stock Plan

5

Tiffany & Co. Meeting Date: 06/01/2020 Country: USA

Meeting Type: Annual Ticker: TIF

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Alessandro Bogliolo For For

For For Elect Director Rose Marie Bravo 1b

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Tiffany & Co. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Hafize Gaye Erkan 1c

For For Elect Director Roger N. Farah 1d

For For Elect Director Jane Hertzmark Hudis 1e

For For Elect Director Abby F. Kohnstamm 1f

For For Elect Director James E. Lillie 1g

For For Elect Director William A. Shutzer 1h

For For Elect Director Robert S. Singer 1i

For For Elect Director Annie Young-Scrivner 1j

For For Ratify PricewaterhouseCoopers 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.

TK Group (Holdings) Limited Meeting Date: 06/01/2020 Country: Cayman Islands

Meeting Type: Annual Ticker: 2283

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports

For For

For For Approve Final Dividend 2

For For Elect Li Pui Leung as Director 3

For For Elect Lee Leung Yiu as Director 4

For For Elect Christine Wan Chong Leung as Director 5

For For Authorize Board to Fix Remuneration of Directors

6

For For Approve PricewaterhouseCoopers as Auditor 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.

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

TK Group (Holdings) Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

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.

UnitedHealth Group Incorporated Meeting Date: 06/01/2020 Country: USA

Meeting Type: Annual Ticker: UNH

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Richard T. Burke For For

For For Elect Director Timothy P. Flynn 1b

For For Elect Director Stephen J. Hemsley 1c

For For Elect Director Michele J. Hooper 1d

For For Elect Director F. William McNabb, III 1e

For For Elect Director Valerie C. Montgomery Rice 1f

For For Elect Director John H. Noseworthy 1g

For For Elect Director Glenn M. Renwick 1h

For For Elect Director David S. Wichmann 1i

For For Elect Director Gail R. Wilensky 1j

For For Advisory Vote to Ratify Named Executive Officers' Compensation

2

For For Ratify Deloitte & Touche LLP as Auditors 3

For For Approve Omnibus Stock Plan 4

Against Against Require Shareholder Approval of Bylaw Amendments Adopted by the Board of Directors

5

Vinda International Holdings Limited Meeting Date: 06/01/2020 Country: Cayman Islands

Meeting Type: Annual Ticker: 3331

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Vinda International Holdings Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports

For For

For For Approve Final Dividend 2

For For Elect Yu Yi Fang as Director 3a

For For Elect Johann Christoph Michalski as Director 3b

For For Elect Carl Magnus Groth as Director 3c

For For Elect Wong Kwai Huen, Albert as Director 3d

Against For Authorize Board to Fix Remuneration of Directors

3e

Voter Rationale: Excessive fees with no justification.

Blended Rationale: Excessive fees with no justification.

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

4

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

5

Voter Rationale: Excessive dilution.

Blended Rationale: Excessive dilution.

For For Authorize Repurchase of Issued Share Capital 6

Against For Authorize Reissuance of Repurchased Shares 7

Voter Rationale: Discount limit not disclosed.

Blended Rationale: Discount limit not disclosed.

Zhejiang Chint Electrics Co., Ltd. Meeting Date: 06/01/2020 Country: China

Meeting Type: Annual Ticker: 601877

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Report of the Board of Directors For For

For For Approve Report of the Board of Supervisors 2

For For Approve Annual Report and Summary 3

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Zhejiang Chint Electrics Co., Ltd. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Financial Statements 4

For For Approve Profit Distribution 5

For For Approve Completion or Termination of Fundraising Projects and Use Excess Raised Funds to Replenish Working Capital

6

For For Approve Daily Related Party Transaction 7

For For Approve Appointment of Auditor 8

Against For Approve External Guarantee 9

Voter Rationale: Lack of disclosure.

Blended Rationale: Lack of disclosure.

Arrow Global Group Plc Meeting Date: 06/02/2020 Country: United Kingdom

Meeting Type: Annual Ticker: ARW

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports

For For

Against For Approve Remuneration Report 2

Voter Rationale: Lack of pension reduction and alignment with performance.

Blended Rationale: Lack of pension reduction and alignment with performance.

For For Elect Matt Hotson as Director 3

For For Re-elect Jonathan Bloomer as Director 4

For For Re-elect Lee Rochford as Director 5

Against For Re-elect Lan Tu as Director 6

Voter Rationale: Continued remuneration issues.

Blended Rationale: Continued remuneration issues.

For For Re-elect Maria Luis Albuquerque as Director 7

For For Re-elect Andrew Fisher as Director 8

For For Reappoint KPMG LLP as Auditors 9

For For Authorise Board to Fix Remuneration of Auditors 10

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Arrow Global Group Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Authorise EU Political Donations and Expenditure

11

For For Authorise Issue of Equity 12

For For Authorise Issue of Equity without Pre-emptive Rights

13

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

14

For For Authorise Market Purchase of Ordinary Shares 15

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

16

Artisan Partners Asset Management Inc. Meeting Date: 06/02/2020 Country: USA

Meeting Type: Annual Ticker: APAM

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Matthew R. Barger For For

For For Elect Director Eric R. Colson 1.2

Withhold For Elect Director Tench Coxe 1.3

Blended Rationale: WITHHOLD votes are warranted for compensation committee members Tench Coxe, Stephanie DiMarco, and Jeffrey Joerres for demonstrating insufficient responsiveness to last year's low say-on-pay vote and for paying excessive discretionary cash bonuses to the NEOs.

Withhold For Elect Director Stephanie G. DiMarco 1.4

Blended Rationale: WITHHOLD votes are warranted for compensation committee members Tench Coxe, Stephanie DiMarco, and Jeffrey Joerres for demonstrating insufficient responsiveness to last year's low say-on-pay vote and for paying excessive discretionary cash bonuses to the NEOs.

Withhold For Elect Director Jeffrey A. Joerres 1.5

Blended Rationale: WITHHOLD votes are warranted for compensation committee members Tench Coxe, Stephanie DiMarco, and Jeffrey Joerres for demonstrating insufficient responsiveness to last year's low say-on-pay vote and for paying excessive discretionary cash bonuses to the NEOs.

For For Elect Director Andrew A. Ziegler 1.6

For For Ratify PricewaterhouseCoopers LLP as Auditor 2

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Athene Holding Ltd. Meeting Date: 06/02/2020 Country: Bermuda

Meeting Type: Annual Ticker: ATH

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Scott Kleinman For For

For For Elect Director Lawrence J. Ruisi 1.2

For For Elect Director Hope Schefler Taitz 1.3

Against For Elect Director Arthur Wrubel 1.4

Voter Rationale: Chairs the Nominating Committee on a board that has insufficient gender diversity, and member of the Governance Committee which has failed to address the classified board structure which adversely impacts shareholder rights.

Blended Rationale: Chairs the Nominating Committee on a board that has insufficient gender diversity, and member of the Governance Committee which has failed to address the classified board structure which adversely impacts shareholder rights.

Against For Elect Director Fehmi Zeko 1.5

Voter Rationale: Member of the Governance Committee which has failed to address the classified board structure which adversely impacts shareholder rights.

Blended Rationale: Member of the Governance Committee which has failed to address the classified board structure which adversely impacts shareholder rights.

For For Ratify PricewaterhouseCoopers LLP as Auditors 2

For For Authorize Board to Fix Remuneration of the Auditors

3

For For Advisory Vote to Ratify Named Executive Officers' Compensation

4

China Resources Land Limited Meeting Date: 06/02/2020 Country: Cayman Islands

Meeting Type: Annual Ticker: 1109

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports

For For

For For Approve Final Dividend 2

For For Elect Wang Xiangming as Director 3.1

For For Elect Zhang Dawei as Director 3.2

For For Elect Xie Ji as Director 3.3

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

China Resources Land Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Elect Yan Biao as Director 3.4

Voter Rationale: Attendance concerns.

Blended Rationale: Attendance concerns.

Against For Elect Chen Ying as Director 3.5

Voter Rationale: Attendance concerns.

Blended Rationale: Attendance concerns.

For For Elect Ho Hin Ngai, Bosco as Director 3.6

For For Authorize Board to Fix Remuneration of Directors

3.7

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

4

For For Authorize Repurchase of Issued Share Capital 5

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

6

Voter Rationale: Excessive dilution.

Blended Rationale: Excessive dilution.

Against For Authorize Reissuance of Repurchased Shares 7

Voter Rationale: Discount limit not specified.

Blended Rationale: Discount limit not specified.

Cognizant Technology Solutions Corporation Meeting Date: 06/02/2020 Country: USA

Meeting Type: Annual Ticker: CTSH

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Zein Abdalla For For

For For Elect Director Vinita Bali 1b

For For Elect Director Maureen Breakiron-Evans 1c

For For Elect Director Archana Deskus 1d

For For Elect Director John M. Dineen 1e

For For Elect Director John N. Fox, Jr. 1f

For For Elect Director Brian Humphries 1g

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Cognizant Technology Solutions Corporation Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Director Leo S. Mackay, Jr. 1h

For For Elect Director Michael Patsalos-Fox 1i

For For Elect Director Joseph M. Velli 1j

For For Elect Director Sandra S. Wijnberg 1k

For For Advisory Vote to Ratify Named Executive Officers' Compensation

2

For For Ratify PricewaterhouseCoopers LLP as Auditors 3

Against Against Provide Right to Act by Written Consent 4

Fortive Corporation Meeting Date: 06/02/2020 Country: USA

Meeting Type: Annual Ticker: FTV

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1A Elect Director Kate D. Mitchell For For

For For Elect Director Mitchell P. Rales 1B

For For Elect Director Steven M. Rales 1C

For For Elect Director Jeannine Sargent 1D

For For Elect Director Alan G. Spoon 1E

For For Ratify Ernst & Young LLP as Auditors 2

For For Advisory Vote to Ratify Named Executive Officers' Compensation

3

For For Eliminate Supermajority Vote Requirement 4

Gaztransport & Technigaz SA Meeting Date: 06/02/2020 Country: France

Meeting Type: Annual/Special Ticker: GTT

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Gaztransport & Technigaz SA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Financial Statements and Statutory Reports

For For

For For Approve Consolidated Financial Statements and Statutory Reports

2

For For Approve Allocation of Income and Dividends of EUR 3.25 per Share

3

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

4

Against For Ratify Appointment of Pierre Guiollot as Director 5

Voter Rationale: Lack of independence on the board.

Blended Rationale: Lack of independence on the board.

For For Ratify Appointment of Isabelle Boccon-Gibod as Director

6

For For Reelect Isabelle Boccon-Gibod as Director 7

Against For Reelect Benoit Mignard as Censor 8

Voter Rationale: No rationale provided.

Blended Rationale: No rationale provided.

For For Approve Compensation Report of Corporate Officers

9

For For Approve Compensation of Philippe Berterottiere, Chairman and CEO

10

For For Approve Remuneration Policy of Chairman and CEO

11

For For Approve Remuneration Policy of Directors 12

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

13

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

14

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

15

For For Amend Article 1 of Bylaws Re: Corporate Purpose

16

For For Amend Article 4 of Bylaws Re: Headquarters Location

17

For For Amend Articles 9, 15, 17, 19, 20, 24 and 33 of Bylaws to Comply with Legal Changes

18

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Gaztransport & Technigaz SA Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Amend Article 19 of Bylaws Re: Board Members Deliberation via Written Consultation

19

For For Authorize Filing of Required Documents/Other Formalities

20

Glencore Plc Meeting Date: 06/02/2020 Country: Jersey

Meeting Type: Annual Ticker: GLEN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports

For For

For For Re-elect Anthony Hayward as Director 2

For For Re-elect Ivan Glasenberg as Director 3

For For Re-elect Peter Coates as Director 4

For For Re-elect Leonhard Fischer as Director 5

For For Re-elect Martin Gilbert as Director 6

For For Re-elect John Mack as Director 7

For For Re-elect Gill Marcus as Director 8

For For Re-elect Patrice Merrin as Director 9

For For Elect Kalidas Madhavpeddi as Director 10

For For Approve Remuneration Policy 11

For For Approve Remuneration Report 12

For For Reappoint Deloitte LLP as Auditors 13

For For Authorise the Audit Committee to Fix Remuneration of Auditors

14

For For Authorise Issue of Equity 15

For For Authorise Issue of Equity without Pre-emptive Rights

16

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

17

For For Authorise Market Purchase of Ordinary Shares 18

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Hong Kong Television Network Limited Meeting Date: 06/02/2020 Country: Hong Kong

Meeting Type: Annual Ticker: 1137

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports

For For

For For Elect Cheung Chi Kin, Paul as Director 2a

For For Elect Wong Nga Lai, Alice as Director 2b

For For Elect Lau Chi Kong as Director 2c

For For Authorize Board to Fix Remuneration of Directors

2d

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

3

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

4

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.

For For Authorize Repurchase of Issued Share Capital 5

Against For Authorize Reissuance of Repurchased Shares 6

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.

Against For Approve the Grant of Share Options to Mr. Cheung Chi Kin, Paul Under the 2012 Share Option Scheme

7

Blended Rationale: The performance conditions are not disclosed.The dilution exceeds 10%.A vote AGAINST this resolution is warranted because:- The company could be considered a mature company, and the limit under the 2012 Share Option Scheme, together with other share incentive schemes of the company, exceeds 5 percent of the company's issued capital.- Performance conditions and meaningful vesting periods have not been disclosed.- The directors eligible to receive options under the scheme are involved in the administration of the scheme.

Against For Approve the Grant of Share Options to Mr. Wong Wai Kay, Ricky Under the 2012 Share Option Scheme

8

Blended Rationale: The performance conditions are not disclosed.The dilution exceeds 10%.A vote AGAINST this resolution is warranted because:- The company could be considered a mature company, and the limit under the 2012 Share Option Scheme, together with other share incentive schemes of the company, exceeds 5 percent of the company's issued capital.- Performance conditions and meaningful vesting periods have not been disclosed.- The directors eligible to receive options under the scheme are involved in the administration of the scheme.

Against For Adopt the 2020 Share Option Scheme 9

Blended Rationale: The performance conditions are not disclosed.The dilution exceeds 10%.A vote AGAINST this resolution is warranted because:- The company could be considered a mature company, and the limit under the proposed 2020 Share Option Scheme, together with other share incentive schemes of the company, exceeds 5 percent of the company's issued capital.- Performance conditions and meaningful vesting periods have not been disclosed.- The directors eligible to receive options under the proposed scheme are involved in the administration of the scheme.

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Keppel Corporation Limited Meeting Date: 06/02/2020 Country: Singapore

Meeting Type: Annual Ticker: BN4

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Adopt Financial Statements and Directors' and Auditors' Reports

For For

For For Approve Final Dividend 2

For For Elect Danny Teoh as Director 3

For For Elect Veronica Eng as Director 4

For For Elect Till Vestring as Director 5

For For Elect Teo Siong Seng as Director 6

For For Elect Tham Sai Choy as Director 7

For For Elect Penny Goh as Director 8

For For Approve Directors' Fees for FY 2019 9

For For Approve Directors' Fees for FY 2020 10

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

11

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

12

For For Authorize Share Repurchase Program 13

For For Approve Mandate for Interested Person Transactions

14

For For Adopt KCL Restricted Share Plan 2020 and Approve Grant of Awards and Issuance of Shares Under the Plan

15

For For Adopt KCL Performance Share Plan 2020 and Approve Grant of Awards and Issuance of Shares Under the Plan

16

Raydium Semiconductor Corp. Meeting Date: 06/02/2020 Country: Taiwan

Meeting Type: Annual Ticker: 3592

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Raydium Semiconductor Corp.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Business Operations Report and Financial Statements

For For

For For Approve Profit Distribution 2

For For Approve Amendments to Articles of Association 3

For For Amend Procedures Governing the Acquisition or Disposal of Assets

4

For For Elect HUANG,YU-KUO, with Shareholder No. 83, as Non-Independent Director

5.1

Against For Elect HUNG,HUNG-CHIEH, Representative of KONG LI INVESTMENT CO., LTD., with Shareholder No. 2, as Non-Independent Director

5.2

Voter Rationale: Lack of independence on the board.

Blended Rationale: Lack of independence on the board.

Against For Elect TSENG,YU-CHIH, Representative of KONG LI INVESTMENT CO., LTD., with Shareholder No. 2, as Non-Independent Director

5.3

Voter Rationale: Lack of independence on the board.

Blended Rationale: Lack of independence on the board.

Against For Elect LI,HSI-HUA, with Shareholder No. 77, as Non-Independent Director

5.4

Voter Rationale: Lack of independence on the board.

Blended Rationale: Lack of independence on the board.

For For Elect CHENG,WEI-SHUN, with ID No. L12132XXXX, as Independent Director

5.5

Against For Elect HSIEH,HUNG-PO, with ID No. N10159XXXX, as Independent Director

5.6

Voter Rationale: Lack of independence on the board.

Blended Rationale: Lack of independence on the board.

Against For Elect CHOU,SHIH-CHIEH, with ID No. T12023XXXX, as Independent Director

5.7

Voter Rationale: Lack of independence on the board.

Blended Rationale: Lack of independence on the board.

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Raydium Semiconductor Corp. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Approve Release of Restrictions on Competitive Activities of Newly Appointed Directors and Representatives

6

Voter Rationale: Lack of disclosure.

Blended Rationale: Lack of disclosure.

Ribbon Communications Inc. Meeting Date: 06/02/2020 Country: USA

Meeting Type: Annual Ticker: RBBN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director R. Stewart Ewing, Jr. For For

For For Elect Director Bruns H. Grayson 1b

For For Elect Director Beatriz V. Infante 1c

For For Elect Director Richard J. Lynch 1d

For For Elect Director Kent J. Mathy 1e

For For Elect Director Bruce W. McClelland 1f

For For Elect Director Krish A. Prabhu 1g

For For Elect Director Scott E. Schubert 1h

For For Elect Director Richard W. Smith 1i

Against For Amend Omnibus Stock Plan 2

Blended Rationale: The dilution exceeds 10 percent.The minimum vesting period is less than three years.Based on evaluation of the estimated cost, plan features, and grant practices using the Equity Plan Scorecard (EPSC), a vote AGAINST this proposal is warranted due to the following key factors:- The plan cost is excessive;- The estimated duration of available and proposed shares exceeds six years;- The disclosure of change-in-control ("CIC") vesting treatment is incomplete; and- The plan allows broad discretion to accelerate vesting.

For For Ratify Deloitte & Touche LLP as Auditors 3

Against For Advisory Vote to Ratify Named Executive Officers' Compensation

4

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

RioCan Real Estate Investment Trust Meeting Date: 06/02/2020 Country: Canada

Meeting Type: Annual/Special Ticker: REI.UN

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

RioCan Real Estate Investment Trust

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Trustee Bonnie Brooks For For

For For Elect Trustee Richard Dansereau 1.2

For For Elect Trustee Paul Godfrey 1.3

For For Elect Trustee Dale H. Lastman 1.4

For For Elect Trustee Jane Marshall 1.5

For For Elect Trustee Sharon Sallows 1.6

For For Elect Trustee Edward Sonshine 1.7

For For Elect Trustee Siim A. Vanaselja 1.8

For For Elect Trustee Charles M. Winograd 1.9

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

2

For For Amend Declaration of Trust 3

For For Advisory Vote on Executive Compensation Approach

4

Rosneft Oil Co. Meeting Date: 06/02/2020 Country: Russia

Meeting Type: Annual Ticker: ROSN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Approve Annual Report For For

For For Approve Financial Statements 2

For For Approve Allocation of Income 3

For For Approve Dividends of RUB 18.07 per Share 4

For For Approve Remuneration of Members of Audit Commission

6

For For Elect Olga Andrianova as Member of Audit Commission

8.1

For For Elect Tatiana Zobkova as Member of Audit Commission

8.2

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Rosneft Oil Co. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Elect Sergei Poma as Member of Audit Commission

8.3

For For Elect Zakhar Sabantsev as Member of Audit Commission

8.4

For For Elect Pavel Shumov as Member of Audit Commission

8.5

For For Ratify Ernst and Young as Auditor 9

Sampo Oyj Meeting Date: 06/02/2020 Country: Finland

Meeting Type: Annual Ticker: SAMPO

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

3 Designate Inspector or Shareholder Representative(s) of Minutes of Meeting

For For

For For Acknowledge Proper Convening of Meeting 4

For For Prepare and Approve List of Shareholders 5

For For Accept Financial Statements and Statutory Reports

7

For For Approve Allocation of Income and Dividends of EUR 1.50 Per Share

8

For For Approve Discharge of Board and President 9

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

10

For For Approve Remuneration of Directors in the Amount of EUR 180,000 for Chairman and EUR 93,000 for Other Directors; Approve Remuneration for Committee Work

11

For For Fix Number of Directors at Eight 12

For For Reelect Christian Clausen, Fiona Clutterbuck, Jannica Fagerholm, Johanna Lamminen, Risto Murto, Antti Makinen and Bjorn Wahlroos as Directors; Elect Georg Ehrnrooth as New Director

13

For For Approve Remuneration of Auditors 14

For For Ratify Ernst & Young as Auditors 15

For For Authorize Share Repurchase Program 16

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

TCL Electronics Holdings Limited Meeting Date: 06/02/2020 Country: Cayman Islands

Meeting Type: Annual Ticker: 1070

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports

For For

For For Approve Final Dividend 2

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

3

Voter Rationale: Excessive non-audit fees.

Blended Rationale: Excessive non-audit fees.

Against For Elect Yan Xiaolin as Director 4a

Voter Rationale: Attendance concerns.

Blended Rationale: Attendance concerns.

For For Elect Albert Thomas Da Rosa, Junior as Director 4b

Against For Elect Tseng Shieng-chang Carter as Director 4c

Voter Rationale: Member of the audit committee and concerns over level of non-audit fees.

Blended Rationale: Member of the audit committee and concerns over level of non-audit fees.

Against For Elect Wang Yijiang as Director 4d

Voter Rationale: Lack of gender diversity on the board.

Blended Rationale: Lack of gender diversity on the board.

For For Authorize Board to Fix Remuneration of Directors

5

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

6

Voter Rationale: Excessive dilution.

Blended Rationale: Excessive dilution.

For For Authorize Repurchase of Issued Share Capital 7

Against For Authorize Reissuance of Repurchased Shares 8

Voter Rationale: Discount limit not specified.

Blended Rationale: Discount limit not specified.

Against For Approve Grant of Specific Mandate for Issuance and Allotment of New Shares Under the Share Award Scheme

9

Voter Rationale: Directors eligible to receive options under the scheme are involved in the administration of the scheme.

Blended Rationale: Directors eligible to receive options under the scheme are involved in the administration of the scheme.

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Tenaris SA Meeting Date: 06/02/2020 Country: Luxembourg

Meeting Type: Annual/Special Ticker: TEN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Receive and Approve Board's and Auditor's Reports Re: Consolidated Financial Statements and Statutory Reports

For For

For For Approve Consolidated Financial Statements and Statutory Reports

2

For For Approve Financial Statements 3

For For Approve Allocation of Income and Dividends 4

For For Approve Discharge of Directors 5

Against For Elect Directors (Bundled) 6

Voter Rationale: Lack of independence on both the board and audit committee as well as a joint CEO/Chair with no Lead Independent Director appointed.

Blended Rationale: Lack of independence on both the board and audit committee as well as a joint CEO/Chair with no Lead Independent Director appointed.

Against For Approve Remuneration Policy 7

Voter Rationale: Lack of disclosure around the performance criteria used.

Blended Rationale: Lack of disclosure around the performance criteria used.

Against For Approve Remuneration Report 8

Voter Rationale: Lack of disclosure so unable to assess pay for performance alignment.

Blended Rationale: Lack of disclosure so unable to assess pay for performance alignment.

For For Appoint Auditor 9

Against For Approve Share Repurchase 10

Voter Rationale: Could be used for antitakeover purposes.

Blended Rationale: Could be used for antitakeover purposes.

For For Allow Electronic Distribution of Company Documents to Shareholders

11

Against For Approve Renewal of the Share Capital Authorization of the Company

1

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

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

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Ultra Clean Holdings, Inc. Meeting Date: 06/02/2020 Country: USA

Meeting Type: Annual Ticker: UCTT

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Clarence L. Granger For For

For For Elect Director James P. Scholhamer 1b

For For Elect Director David T. ibnAle 1c

For For Elect Director Emily M. Liggett 1d

For For Elect Director Thomas T. Edman 1e

For For Elect Director Barbara V. Scherer 1f

For For Elect Director Ernest E. Maddock 1g

For For Elect Director Jacqueline A. Seto 1h

For For Ratify Moss Adams 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

United Energy Group Limited Meeting Date: 06/02/2020 Country: Bermuda

Meeting Type: Annual Ticker: 467

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports

For For

For For Elect Zhang Hong Wei as Director 2

For For Elect Wang Ying as Director 3

For For Authorize Board to Fix Remuneration of Directors

4

For For Approve RSM Hong Kong as Auditors and Authorize Board to Fix Their Remuneration

5

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

United Energy Group Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

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

6a

Voter Rationale: Excessive dilution.

Blended Rationale: Excessive dilution.

For For Authorize Repurchase of Issued Share Capital 6b

Against For Authorize Reissuance of Repurchased Shares 6c

Voter Rationale: Discount limit not specified.

Blended Rationale: Discount limit not specified.

Virgin Galactic Holdings, Inc. Meeting Date: 06/02/2020 Country: USA

Meeting Type: Annual Ticker: SPCE

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director George Whitesides For For

For For Elect Director Chamath Palihapitiya 1.2

For For Elect Director Wanda Austin 1.3

Withhold For Elect Director Adam Bain 1.4

Blended Rationale: WITHHOLD votes are warranted for compensation committee member Adam Bain due to concerns regarding poor disclosure of a $12.5 million business combination-related grant to a non-employee director.

For For Elect Director Craig Kreeger 1.5

For For Elect Director Evan Lovell 1.6

For For Elect Director George Mattson 1.7

For For Elect Director James Ryans 1.8

For For Ratify KPMG LLP as Auditors 2

For For Advisory Vote to Ratify Named Executive Officers' Compensation

3

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

WH Group Limited Meeting Date: 06/02/2020 Country: Cayman Islands

Meeting Type: Annual Ticker: 288

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

WH Group Limited

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports

For For

For For Elect Jiao Shuge as Director 2a

Against For Elect Huang Ming as Director 2b

Voter Rationale: Member of the nomination committee and no gender diversity on the board.

Blended Rationale: Member of the nomination committee and no gender diversity on the board.

Against For Elect Lau, Jin Tin Don as Director 2c

Voter Rationale: Member of the nomination committee and no gender diversity on the board.

Blended Rationale: Member of the nomination committee and no gender diversity on the board.

For For Authorize Board to Fix Remuneration of Directors

3

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

4

For For Approve Final Dividend 5

For For Authorize Repurchase of Issued Share Capital 6

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

7

Voter Rationale: Excessive dilution.

Blended Rationale: Excessive dilution.

Against For Authorize Reissuance of Repurchased Shares 8

Voter Rationale: Discount limit not specified.

Blended Rationale: Discount limit not specified.

Xaar Plc Meeting Date: 06/02/2020 Country: United Kingdom

Meeting Type: Annual Ticker: XAR

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports

For For

For For Appoint Ernst & Young LLP as Auditors 2

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Xaar Plc Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Authorise Board to Fix Remuneration of Auditors 3

For For Elect Dr Robert Mills as Director 4

For For Re-elect Andrew Herbert as Director 5

For For Re-elect Christopher Morgan as Director 6

For For Elect Ian Tichias as Director 7

For For Approve Remuneration Report 8

For For Authorise Issue of Equity 9

For For Authorise Issue of Equity without Pre-emptive Rights

10

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

11

For For Authorise Market Purchase of Ordinary Shares 12

For For Approve Remuneration Policy 13

For For Amend Long Term Incentive Plan 14

Allied Properties (HK) Limited Meeting Date: 06/03/2020 Country: Hong Kong

Meeting Type: Annual Ticker: 56

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports

For For

For For Elect Steven Samuel Zoellner as Director 2A

For For Elect Alan Stephen Jones as Director 2B

For For Elect David Craig Bartlett as Director 2C

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

3

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

4A

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.

For For Authorize Repurchase of Issued Share Capital 4B

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Allied Properties (HK) Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Authorize Reissuance of Repurchased Shares 4C

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.

Alphabet Inc. Meeting Date: 06/03/2020 Country: USA

Meeting Type: Annual Ticker: GOOGL

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Larry Page For For

For For Elect Director Sergey Brin 1.2

For For Elect Director Sundar Pichai 1.3

For For Elect Director John L. Hennessy 1.4

For For Elect Director Frances H. Arnold 1.5

Withhold For Elect Director L. John Doerr 1.6

Voter Rationale: compensation committee member and recurring concerns about pay magnitude and overall pay that is not strongly performance-based

Blended Rationale: compensation committee member and recurring concerns about pay magnitude and overall pay that is not strongly performance-based

For For Elect Director Roger W. Ferguson Jr. 1.7

For For Elect Director Ann Mather 1.8

Withhold For Elect Director Alan R. Mulally 1.9

Voter Rationale: compensation committee member and recurring concerns about pay magnitude and overall pay that is not strongly performance-based

Blended Rationale: compensation committee member and recurring concerns about pay magnitude and overall pay that is not strongly performance-based

Withhold For Elect Director K. Ram Shiram 1.10

Voter Rationale: compensation committee member and recurring concerns about pay magnitude and overall pay that is not strongly performance-based

Blended Rationale: compensation committee member and recurring concerns about pay magnitude and overall pay that is not strongly performance-based

Withhold For Elect Director Robin L. Washington 1.11

Voter Rationale: compensation committee member and recurring concerns about pay magnitude and overall pay that is not strongly performance-based

Blended Rationale: compensation committee member and recurring concerns about pay magnitude and overall pay that is not strongly performance-based

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Alphabet Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Ratify Ernst & Young LLP as Auditors 2

Against For Amend Omnibus Stock Plan 3

Voter Rationale: Plan provides for transferability of stock options without shareholder approval, the three-year average burn rate is excessive, liberal recycling of shares is permitted and the disclosure of CIC vesting treatment is incomplete

Blended Rationale: Plan provides for transferability of stock options without shareholder approval, the three-year average burn rate is excessive, liberal recycling of shares is permitted and the disclosure of CIC vesting treatment is incomplete

Against For Advisory Vote to Ratify Named Executive Officers' Compensation

4

Voter Rationale: Recurring concerns about pay magnitude and overall pay that is not strongly performance-based

Blended Rationale: Recurring concerns about pay magnitude and overall pay that is not strongly performance-based

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

5

Voter Rationale: Preference for a capital structure where alignment is provided between levels of economic ownership and voting power

Blended Rationale: Preference for a capital structure where alignment is provided between levels of economic ownership and voting power

For Against Report on Arbitration of Employment-Related Claims

6

Voter Rationale: The company is asked to prepare a report that assesses the use of mandatory arbitration agreements for employment-related claims in the company's extended workforce. Given increased scrutiny in the area of forced arbitration, further information would be welcomed. We therefore support the proposal.

Blended Rationale: The company is asked to prepare a report that assesses the use of mandatory arbitration agreements for employment-related claims in the company's extended workforce. Given increased scrutiny in the area of forced arbitration, further information would be welcomed. We therefore support the proposal.

Against Against Establish Human Rights Risk Oversight Committee

7

Against Against Require Shareholder Approval of Bylaw Amendments Adopted by the Board of Directors

8

Against Against Assess Feasibility of Including Sustainability as a Performance Measure for Senior Executive Compensation

9

For Against Report on Takedown Requests 10

Voter Rationale: The company is asked to issue a report assessing the feasibility of publicly disclosing the censorship changes it has implemented in response to government 'takedown' requests, on an annual basis. Given the limited scope of the request and the increased scrutiny in this area, we are supportive of the proposal.

Blended Rationale: The company is asked to issue a report assessing the feasibility of publicly disclosing the censorship changes it has implemented in response to government 'takedown' requests, on an annual basis. Given the limited scope of the request and the increased scrutiny in this area, we are supportive of the proposal.

For Against Require a Majority Vote for the Election of Directors

11

Voter Rationale: A majority vote is best practise and offers shareholders a more meaningful voice in the election of directors.

Blended Rationale: A majority vote is best practise and offers shareholders a more meaningful voice in the election of directors.

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Alphabet Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For Against Report on Gender/Racial Pay Gap 12

Voter Rationale: The company is asked to report on its global median gender/racial pay gap and risks related to recruiting and retaining diverse talent. Such disclosure would provide useful information on the company's diversity and inclusion initiatives, as well as its reputational, operational and hiring risk exposure. Though we recognize the shortcomings of the metrics proposed, we welcome the overall premise of increased disclosure around gender and racial pay discrepancies. As such we support this proposal.

Blended Rationale: The company is asked to report on its global median gender/racial pay gap and risks related to recruiting and retaining diverse talent. Such disclosure would provide useful information on the company's diversity and inclusion initiatives, as well as its reputational, operational and hiring risk exposure. Though we recognize the shortcomings of the metrics proposed, we welcome the overall premise of increased disclosure around gender and racial pay discrepancies. As such we support this proposal.

Against Against Require Independent Director Nominee with Human and/or Civil Rights Experience

13

Against Against Report on Whistleblower Policies and Practices 14

ams AG Meeting Date: 06/03/2020 Country: Austria

Meeting Type: Annual Ticker: AMS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

2 Approve Allocation of Income and Omission of Dividends

For For

For For Approve Discharge of Management Board 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

Against For Approve Remuneration Policy 7

Voter Rationale: We are not supportive of discretionary awards.

Blended Rationale: We are not supportive of discretionary awards.

For For Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds without Preemptive Rights up to Aggregate Nominal Amount of EUR 27.4 Million

8

For For Approve Creation of EUR 27.4 Million Pool of Conditional Capital to Guarantee Conversion Rights

9

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

ams AG Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

For For Approve Increase in Size of Management Board to Five Members

10

Anheuser-Busch InBev SA/NV Meeting Date: 06/03/2020 Country: Belgium

Meeting Type: Annual/Special Ticker: ABI

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

A1.a Amend Articles 24.4 Re: Participation and Decisions in a Meeting

For For

For For Amend Articles Re: Distributions of Interim Dividends

A1.b

For For Amend Articles of Association Re: Alignment on the Rules of Code on Companies and Associations

A1.c

For For Approve Financial Statements, Allocation of Income, and Dividends of EUR 1.30 per Share

B5

For For Approve Discharge of Directors B6

For For Approve Discharge of Auditors B7

For For Reelect Michele Burns as Independent Director B8.a

For For Reelect Elio Leoni Sceti as Independent Director B8.b

Against For Reelect Alexandre Van Damme as Director B8.c

Voter Rationale: Lack of independence on the board.

Blended Rationale: Lack of independence on the board.

Against For Reelect Gregoire de Spoelberch as Director B8.d

Voter Rationale: Lack of independence on the board.

Blended Rationale: Lack of independence on the board.

Against For Reelect Paul Cornet de Ways Ruart as Director B8.e

Voter Rationale: Lack of independence on the board.

Blended Rationale: Lack of independence on the board.

Against For Reelect Paulo Lemann as Director B8.f

Voter Rationale: Lack of independence on the board.

Blended Rationale: Lack of independence on the board.

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Anheuser-Busch InBev SA/NV Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Against For Reelect Maria Asuncion Aramburuzabala as Director

B8.g

Voter Rationale: Lack of independence on the board.

Blended Rationale: Lack of independence on the board.

Against For Elect Roberto Thompson Motta as Director B8.h

Voter Rationale: Lack of independence on the board.

Blended Rationale: Lack of independence on the board.

For For Reelect Martin J. Barrington as Director B8.i

Against For Reelect William F. Gifford, Jr. as Director B8.j

Voter Rationale: Lack of independence on the board.

Blended Rationale: Lack of independence on the board.

Against For Reelect Alejandro Santo Domingo Davila as Director

B8.k

Voter Rationale: Lack of independence on the board.

Blended Rationale: Lack of independence on the board.

Against For Approve Remuneration Report B9

Voter Rationale: Excessive pay

Blended Rationale: Excessive pay

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

C10

Arvinas, Inc. Meeting Date: 06/03/2020 Country: USA

Meeting Type: Annual Ticker: ARVN

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Leslie V. Norwalk For For

Withhold For Elect Director Liam Ratcliffe 1.2

Blended Rationale: WITHHOLD votes are warranted for incumbent directors Timothy Shannon and Liam Ratcliffe 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 and the classified board, each of which adversely impacts shareholder rights.

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Arvinas, Inc. Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

Withhold For Elect Director Timothy Shannon 1.3

Blended Rationale: WITHHOLD votes are warranted for incumbent directors Timothy Shannon and Liam Ratcliffe 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 and the classified board, each of which adversely impacts shareholder rights.

For For Ratify Deloitte and Touche LLP as Auditors 2

Biogen Inc. Meeting Date: 06/03/2020 Country: USA

Meeting Type: Annual Ticker: BIIB

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Alexander J. Denner For For

For For Elect Director Caroline D. Dorsa 1b

For For Elect Director William A. Hawkins 1c

For For Elect Director Nancy L. Leaming 1d

For For Elect Director Jesus B. Mantas 1e

For For Elect Director Richard C. Mulligan 1f

For For Elect Director Robert W. Pangia 1g

For For Elect Director Stelios Papadopoulos 1h

For For Elect Director Brian S. Posner 1i

For For Elect Director Eric K. Rowinsky 1j

For For Elect Director Stephen A. Sherwin 1k

For For Elect Director Michel Vounatsos 1l

For For Ratify PricewaterhouseCoopers LLP as Auditors 2

Against For Advisory Vote to Ratify Named Executive Officers' Compensation

3

Blended Rationale: Minimum vesting period is less than 3 years

Bonanza Creek Energy, Inc. Meeting Date: 06/03/2020 Country: USA

Meeting Type: Annual Ticker: BCEI

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Bonanza Creek Energy, Inc.

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Carrie L. Hudak For For

For For Elect Director Eric T. Greager 1.2

For For Elect Director Paul Keglevic 1.3

For For Elect Director Brian Steck 1.4

For For Elect Director Jack E. Vaughn 1.5

For For Elect Director Scott D. Vogel 1.6

For For Elect Director Jeffrey E. Wojahn 1.7

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.

China Mengniu Dairy Company Limited Meeting Date: 06/03/2020 Country: Cayman Islands

Meeting Type: Annual Ticker: 2319

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports

For For

For For Approve Final Dividend 2

For For Elect Jeffrey, Minfang Lu as Director and Authorize Board to Fix His Remuneration

3a

For For Elect Jiao Shuge (alias Jiao Zhen) as Director and Authorize Board to Fix His Remuneration

3b

For For Elect Julian Juul Wolhardt as Director and Authorize Board to Fix His Remuneration

3c

For For Elect Meng Fanjie as Director and Authorize Board to Fix His Remuneration

3d

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

4

For For Authorize Repurchase of Issued Share Capital 5

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

China Mengniu Dairy Company Limited Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

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

6

Voter Rationale: Excessive dilution.

Blended Rationale: Excessive dilution.

For For Approve the Amendment to the Terms of the Options Granted Under the Share Option Scheme

7

Citrix Systems, Inc. Meeting Date: 06/03/2020 Country: USA

Meeting Type: Annual Ticker: CTXS

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1a Elect Director Robert M. Calderoni For For

For For Elect Director Nanci E. Caldwell 1b

For For Elect Director Robert D. Daleo 1c

For For Elect Director Murray J. Demo 1d

For For Elect Director Ajei S. Gopal 1e

For For Elect Director David J. Henshall 1f

For For Elect Director Thomas E. Hogan 1g

For For Elect Director Moira A. Kilcoyne 1h

For For Elect Director Peter J. Sacripanti 1i

For For Elect Director J. Donald Sherman 1j

Against For Amend Omnibus Stock Plan 2

Voter Rationale: Plan cost and three-year average burn rate is excessive and disclosure of CIC vesting treatment is incomplete

Blended Rationale: Plan cost and three-year average burn rate is excessive and disclosure of CIC vesting treatment is incomplete

For For Ratify Ernst & Young LLP as Auditors 3

For For Advisory Vote to Ratify Named Executive Officers' Compensation

4

Vote Summary Report

Reporting Period: 06/01/2020 to 06/30/2020

Comcast Corporation Meeting Date: 06/03/2020 Country: USA

Meeting Type: Annual Ticker: CMCSA

Proposal Number

Proposal Text

Mgmt Rec

Vote Instruction

1.1 Elect Director Kenneth J. Bacon For For

For For Elect Director Madeline S. Bell 1.2

For For Elect Director Naomi M. Bergman 1.3

For For Elect Director Edward D. Breen 1.4

For For Elect Director Gerald L. Hassell 1.5

For For Elect Director Jeffrey A. Honickman 1.6

For For Elect Director Maritza G. Montiel 1.7

For For Elect Director Asuka Nakahara 1.8

For For Elect Director David C. Novak 1.9

For For Elect Director Brian L. Roberts 1.10

For For Ratify Deloitte & Touche LLP as Auditor 2

For For Amend Stock Option Plan 3

For For Amend Restricted Stock Plan 4

Against For Advisory Vote to Ratify Named Executive Officers' Compensation

5

Voter Rationale: Excessive quantum and problematic above-market interest payments

Blended Rationale: Excessive quantum and problematic above-market interest payments

For Against Report on Lobbying Payments and Policy 6

Voter Rationale: The company is being asked to provide comprehensive disclosure around its lobbying efforts and procedures. While we wel