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Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1109353 AU000000SCG8 Scentre Group Australia & New Zealand Australia 05/04/2017 Annual All For
1109353 AU000000SCG8 Scentre Group Australia & New Zealand Australia 05/04/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1109622 AU000000WFD0 Westfield Corp Australia & New Zealand Australia 07/04/2017 Annual Against 3 Concerns related to approach to board diversity
1109622 AU000000WFD0 Westfield Corp Australia & New Zealand Australia 07/04/2017 Annual Against 5
2
Fund manager or client vote
Fund manager or client vote
1112448 AU000000CIM7 CIMIC Group Ltd. Australia & New Zealand Australia 13/04/2017 Annual Against 2
3.1,3.2,3.3
Apparent failure to link pay and appropriate
performance
Concerns related to potential conflict of interests 2-
Concerns to protect shareholder value
1118302 AU000000MQA4 Macquarie Atlas
Roads Ltd.
Australia & New Zealand Australia 13/04/2017 Annual Against 2 Concerns related to approach to board diversity
1124899 AU000000APO2 APN Outdoor
Group Ltd
Australia & New Zealand Australia 20/04/2017 Annual All For
1122270 AU000000DUE7 DUET Group Australia & New Zealand Australia 21/04/2017 Court All For
1124335 AU000XINEOA7 TRONOX LIMITED Australia & New Zealand Australia 21/04/2017 Annual Against 3
1c
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1115658 AU000000ILU1 Iluka Resources Ltd. Australia & New Zealand Australia 28/04/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1128974 AU000000AHY8 Asaleo Care Ltd. Australia & New Zealand Australia 02/05/2017 Annual All For
1131668 AU000000DRA1 Dragon Mining Ltd. Australia & New Zealand Australia 02/05/2017 Annual All For
1131432 AU000000DRA1 Dragon Mining Ltd. Australia & New Zealand Australia 02/05/2017 Special All For
1130712 AU000000QBE9 QBE Insurance
Group Ltd.
Australia & New Zealand Australia 03/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1131411 AU000000SIG5 Sigma Healthcare
Ltd
Australia & New Zealand Australia 03/05/2017 Annual All For
1131697 AU000000SIQ4 Smartgroup
Corporation Ltd.
Australia & New Zealand Australia 03/05/2017 Annual All For
1131169 AU000000CTX1 Caltex Australia Ltd. Australia & New Zealand Australia 04/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1124432 AU000000HT18 HT&E Limited Australia & New Zealand Australia 04/05/2017 Annual Against 3,4 Apparent failure to link pay and appropriate
performance
1131464 AU000000IRE2 IRESS Limited Australia & New Zealand Australia 04/05/2017 Annual Against 2,3A,3B Apparent failure to link pay and appropriate
performance
1118398 AU000000RIO1 Rio Tinto Ltd. Australia & New Zealand Australia 04/05/2017 Annual Against 2,3
7
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1118398 AU000000RIO1 Rio Tinto Ltd. Australia & New Zealand Australia 04/05/2017 Annual All For
1132392 AU000000STO6 Santos Ltd. Australia & New Zealand Australia 04/05/2017 Annual Against 2a
5b
5a
Concerns related to approach to board diversity
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
enhanced shareholder rights
1127323 AU000000WPL2 Woodside
Petroleum Ltd.
Australia & New Zealand Australia 05/05/2017 Annual All For
1110617 AU000000AMP6 AMP Limited Australia & New Zealand Australia 11/05/2017 Annual All For
1130686 AU000000GMA5 Genworth
Mortgage
Insurance Australia
Ltd
Australia & New Zealand Australia 11/05/2017 Annual Against 3
6
Insufficient basis to support a decision
Overboarded/Too many other time commitments
1116726 AU000000GPT8 GPT Group Australia & New Zealand Australia 11/05/2017 Annual All For
1137434 AU000000CCL2 Coca-Cola Amatil
Ltd.
Australia & New Zealand Australia 16/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1138575 AU000000GXY2 Galaxy Resources
Ltd.
Australia & New Zealand Australia 18/05/2017 Annual Against 1,14,15,16,17,18
4
13
19
11
2
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
Concerns to protect shareholder value
Concerns to protect shareholder value 2-
Insufficient basis to support a decision
Issue of capital raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1138296 AU000000IVC8 Invocare Ltd. Australia & New Zealand Australia 19/05/2017 Annual Against 1,4 Apparent failure to link pay and appropriate
performance
1139974 AU000000SYR9 Syrah Resources Ltd Australia & New Zealand Australia 19/05/2017 Annual Against 6 Apparent failure to link pay and appropriate
performance
1140382 AU000000SKI7 Spark
Infrastructure
Group
Australia & New Zealand Australia 23/05/2017 Annual All For
1141588 AU000000WPP3 WPP AUNZ Limited Australia & New Zealand Australia 23/05/2017 Annual Against 3,4 Apparent failure to link pay and appropriate
performance
1126579 AU000000APE3 A.P. Eagers Ltd Australia & New Zealand Australia 24/05/2017 Annual Against 5
4
3
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure
Concerns about overall board structure
1141561 AU000000OZL8 OZ Minerals Ltd Australia & New Zealand Australia 24/05/2017 Annual All For
1142353 AU000000RKN9 Reckon Ltd. Australia & New Zealand Australia 24/05/2017 Annual Against 2,3 Apparent failure to link pay & appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1142338 AU000000ABC7 Adelaide Brighton
Ltd.
Australia & New Zealand Australia 25/05/2017 Annual Against 5 Concerns related to approach to board diversity
1140913 AU000000AWC3 Alumina Ltd. Australia & New Zealand Australia 25/05/2017 Annual Against 3c Concerns related to approach to board diversity
1142326 AU000000GRR8 Grange Resources
Ltd.
Australia & New Zealand Australia 25/05/2017 Annual Against 1 Apparent failure to link pay and appropriate
performance
1145288 AU000000GEM7 G8 Education
Limited
Australia & New Zealand Australia 29/05/2017 Annual Against 1 Apparent failure to link pay and appropriate
performance
1140910 AU000000SYD9 Sydney Airport Australia & New Zealand Australia 30/05/2017 Annual All For
1148612 AU000000IOF6 Investa Office Fund Australia & New Zealand Australia 31/05/2017 Special Against 1 Concerns to protect shareholder valueInsufficient
basis to support a decision
1152247 AU000000CHC0 Charter Hall Group Australia & New Zealand Australia 20/06/2017 Special Against 1 Concerns to protect shareholder value
1150508 AU000000EVN4 Evolution Mining
Ltd.
Australia & New Zealand Australia 21/06/2017 Special Against 2 Apparent failure to link pay & appropriate
performance
1144385 AU000000CSR5 CSR Limited Australia & New Zealand Australia 23/06/2017 Annual All For
1152191 AU000000RIO1 Rio Tinto Ltd. Australia & New Zealand Australia 29/06/2017 Special All For
1128041 ARP432631215 Pampa Energia S.A. Emerging Markets Argentina 07/04/2017 Annual/Special All For
1123737 ARP689251337 Molinos Rio de la
Plata S.A.
Emerging Markets Argentina 18/04/2017 Annual Against 2
4,7
Concerns to protect shareholder value
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1126497 ARP495251018 Grupo Financiero
Galicia S.A.
Emerging Markets Argentina 25/04/2017 Annual/Special Against 4 Concerns to protect shareholder value
1129722 ARP9028N1016 Telecom Argentina
S.A.
Emerging Markets Argentina 27/04/2017 Annual/Special Against 9 <p>Insufficient/poor disclosure</p>
1137283 ARP9897X1319 YPF Sociedad
Anonima
Emerging Markets Argentina 28/04/2017 Annual/Special All For
1140768 ARP9028N1016 Telecom Argentina
S.A.
Emerging Markets Argentina 23/05/2017 Special Against 4,5
2
Insufficient basis to support a decision
Insufficient/poor disclosure
1119933 BSP951331318 United
International
Enterprises Ltd. UIE
Emerging Markets Bahamas 28/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1117708 BD0259BATBC9 British American
Tobacco
Bangladesh Co Ltd
Emerging Markets Bangladesh 19/04/2017 Annual Against 3 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1138639 BD0621DBH007 Delta Brac Housing
Finance
Corporation Limited
Emerging Markets Bangladesh 23/05/2017 Annual Against 3 Insufficient/poor disclosure
1115549 BMG475671050 IHS Markit Ltd. Emerging Markets Bermuda 05/04/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1119276 BMG6331W1091 Multi Packaging
Solutions
International
Limited
Emerging Markets Bermuda 05/04/2017 Special Against 2 Apparent failure to link pay and appropriate
performanceConcerns related to inappropriate
service contracts
1126254 BMG4639H1227 Huabao
International
Holdings Limited
Emerging Markets Bermuda 10/04/2017 Special All For
1120517 BMG215A41075 China Tontine
Wines Group Ltd.
Emerging Markets Bermuda 12/04/2017 Annual Against 4,6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1122410 BMG684371393 Pacific Basin
Shipping Ltd
Emerging Markets Bermuda 12/04/2017 Annual Against 2.2 Concerns related to attendance at board or
committee meetings
1123329 BMG540501027 Lazard Ltd Emerging Markets Bermuda 25/04/2017 Annual Against 5
1.1
Shareholder proposal promotes appropriate
accountability or incentivisation
Vote against combined Chair/CEO
1123329 BMG540501027 Lazard Ltd Emerging Markets Bermuda 25/04/2017 Annual Against 5 Shareholder proposal promotes appropriate
accountability or incentivisation
1123839 BMG6955J1036 Pax Global
Technology Ltd.
Emerging Markets Bermuda 25/04/2017 Annual Against 7,9 Issue of equity raises concerns about excessive
dilution of existing shareholders
1123897 BMG053841059 Aspen Insurance
Holdings Limited
Emerging Markets Bermuda 26/04/2017 Annual All For
1123852 BMG0750C1082 Axalta Coating
Systems Ltd.
Emerging Markets Bermuda 26/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1126256 BMG677491539 Orient Overseas
(International) Ltd.
Emerging Markets Bermuda 27/04/2017 Annual Against 2c
5a
5c
2b
Concerns related to inappropriate membership of
committees
Issue of equity raises concerns about excessive
dilution of existing shareholders
Issue of equity raises concerns about excessive
dilution of existing shareholders.
Overboarded/Too many other time
commitmentsConcerns related to attendance at
board or committee meetings
1126256 BMG677491539 Orient Overseas
(International) Ltd.
Emerging Markets Bermuda 27/04/2017 Annual Against 5a
5c
Issue of equity raises concerns about excessive
dilution of existing shareholders
Issue of equity raises concerns about excessive
dilution of existing shareholders.
1128270 BMG968101094 Wilson Sons Ltd. Emerging Markets Bermuda 27/04/2017 Annual Against 8.2,8.3,8.4,8.6 Lack of independence on board
1128217 BMG6542T1505 Noble Group
Limited
Emerging Markets Bermuda 28/04/2017 Annual Against 12,13,14
9
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
1137421 BMG6542T1505 Noble Group
Limited
Emerging Markets Bermuda 28/04/2017 Special All For
1133514 BMG5005R1079 James River Group
Holdings, Ltd.
Emerging Markets Bermuda 02/05/2017 Annual Against 1c Concerns about overall board structureConcerns
about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1133522 BMG5753U1128 Maiden Holdings,
Ltd.
Emerging Markets Bermuda 02/05/2017 Annual Against 4
1.2
Concerns related to approach to board diversity
1126622 BMG0585R1060 Assured Guaranty
Ltd.
Emerging Markets Bermuda 03/05/2017 Annual All For
1118428 BMG2624N1535 Dairy Farm
International
Holdings Ltd.
Emerging Markets Bermuda 03/05/2017 Annual Abstain Against 2
3,4,5
Concerns related to inappropriate membership of
committees
Concerns related to inappropriate membership of
committees
1133512 BMG3198U1027 Essent Group Ltd. Emerging Markets Bermuda 03/05/2017 Annual Against 1.3 Concerns related to approach to board diversity
1133512 BMG3198U1027 Essent Group Ltd. Emerging Markets Bermuda 03/05/2017 Annual All For
1118429 BMG4587L1090 Hongkong Land
Holdings Ltd.
Emerging Markets Bermuda 03/05/2017 Annual Abstain Against 6
2,3,4,5
Concerns related to inappropriate membership of
committees
Concerns related to inappropriate membership of
committees
1122877 BMG5361W1047 Lancashire Holdings
Ltd.
Emerging Markets Bermuda 03/05/2017 Annual All For
1118427 BMG578481068 Mandarin Oriental
International Ltd.
Emerging Markets Bermuda 03/05/2017 Annual Against 3,4,5,7 Concerns related to inappropriate membership of
committees
1124919 BMG8827U1009 Third Point
Reinsurance Ltd.
Emerging Markets Bermuda 03/05/2017 Annual Against 4 Apparent failure to link pay & appropriate
performance
1128264 BMG0450A1053 Arch Capital Group
Ltd.
Emerging Markets Bermuda 04/05/2017 Annual Against 4
1a
Apparent failure to link pay & appropriate
performance
Concerns related to approach to board diversity
1130481 BMG0692U1099 AXIS Capital
Holdings Limited
Emerging Markets Bermuda 04/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1115143 BMG375851091 GasLog Ltd. Emerging Markets Bermuda 04/05/2017 Annual Against 1e
1b,1g
Concerns related to approach to board
diversityConcerns about overall board structure
Concerns related to inappropriate membership of
committees
1118430 BMG507361001 Jardine Matheson
Holdings Ltd.
Emerging Markets Bermuda 04/05/2017 Annual Abstain Against 3,4
2
5
Concerns related to inappropriate membership of
committees
Lack of independent representation at board
committees
Lack of independent representation at board
committees
1134526 BMG507641022 Jardine Strategic
Holdings Ltd.
Emerging Markets Bermuda 04/05/2017 Annual Abstain Against 2,4
3
Concerns related to inappropriate membership of
committees
Concerns related to inappropriate membership of
committees
1131406 BMG720731105 Powerwell Pacific
Holdings Ltd
Emerging Markets Bermuda 08/05/2017 Annual Against 4,6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1132264 BMG1991V1037 Carnival Group
International
Holdings Ltd
Emerging Markets Bermuda 09/05/2017 Annual Against 4,6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1136512 BMG3922B1072 Genpact Limited Emerging Markets Bermuda 09/05/2017 Annual All For
1131779 BMG2178K1009 CK Infrastructure
Hldngs Ltd
Emerging Markets Bermuda 10/05/2017 Annual Against 3.4,3.5
3.3,4
5.1,5.3
3.1,3.2
Concerns related to Non-audit fees
Concerns related to Non-audit fees
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1133661 BMG4069C1486 Great Eagle
Holdings Ltd.
Emerging Markets Bermuda 10/05/2017 Annual Against 3
11
7
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1130713 BMG5315B1072 Kosmos Energy Ltd. Emerging Markets Bermuda 10/05/2017 Annual All For
1136447 BMG9078F1077 Triton International
Limited
Emerging Markets Bermuda 10/05/2017 Annual Against 1.9
1.1
Concerns related to approach to board diversity
Vote against combined Chair/CEO
1136447 BMG9078F1077 Triton International
Limited
Emerging Markets Bermuda 10/05/2017 Annual Against 1.9 Concerns related to approach to board diversity
1124375 BMG9319H1025 Validus Holdings,
Ltd.
Emerging Markets Bermuda 10/05/2017 Annual All For
1124240 BMG491BT1088 Invesco Ltd. Emerging Markets Bermuda 11/05/2017 Annual All For
1134197 BMG524401079 Kerry Properties
Limited
Emerging Markets Bermuda 12/05/2017 Annual Against 6A,6C Issue of equity raises concerns about excessive
dilution of existing shareholders
1132495 BMG5697D1011 Lung Kee
(Bermuda) Holdings
Ltd.
Emerging Markets Bermuda 15/05/2017 Annual Against 8,10 Issue of equity raises concerns about excessive
dilution of existing shareholders
1139610 BMG3223R1088 Everest Re Group,
Ltd.
Emerging Markets Bermuda 17/05/2017 Annual All For
1132282 BMG7496G1033 RenaissanceRe
Holdings Ltd.
Emerging Markets Bermuda 17/05/2017 Annual All For
1136897 BMG8086V1467 Shenzhen
International
Holdings Ltd.
Emerging Markets Bermuda 17/05/2017 Annual Against 7
6
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1136169 BMG8277H1530 Soundwill Holdings
Ltd.
Emerging Markets Bermuda 17/05/2017 Annual Against 5B,5C Issue of equity raises concerns about excessive
dilution of existing shareholders
1136634 BMG2155W1010 China Oil and Gas
Group Ltd.
Emerging Markets Bermuda 18/05/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1138004 BMG2442N1048 COSCO SHIPPING
Ports Limited
Emerging Markets Bermuda 18/05/2017 Annual Against 4
5A,5C
3.1e
Concerns related to Non-audit fees
Issue of capital raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1112511 BMG455841020 HAL Trust Emerging Markets Bermuda 18/05/2017 Annual Against 2.e Concerns about overall board structure
1138583 BMG4593F1389 Hiscox Ltd Emerging Markets Bermuda 18/05/2017 Annual Against 2,3 Apparent failure to link pay & appropriate
performance
1134748 BMG760581097 Road King
Infrastructure Ltd.
Emerging Markets Bermuda 18/05/2017 Annual Against 3c,4
5A,5C
Concerns related to Non-audit fees
Issue of equity raises concerns about excessive
dilution of existing shareholders
1137647 BMG9031M1082 Transport
International
Holdings Ltd.
Emerging Markets Bermuda 18/05/2017 Annual Against 3.1
5,7
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1119295 BMG9880L1028 Yuexiu Transport
Infrastructure Ltd.
Emerging Markets Bermuda 18/05/2017 Annual Against 5A,5C
3.3
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1134794 BMG0129K1045 Aircastle Limited Emerging Markets Bermuda 19/05/2017 Annual Against 5 Annual vote provides for greater shareholder
oversight
1137840 BMG8065B1037 Shanghai Industrial
Urban
Development
Group Ltd.
Emerging Markets Bermuda 19/05/2017 Annual Against 6,7
3b,3c
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1134821 BMG982941046 XL Group Ltd Emerging Markets Bermuda 19/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1141167 BMG0438M1064 Apt Satellite
Holdings Ltd.
Emerging Markets Bermuda 25/05/2017 Annual Against 3b
6,7
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1139141 BMG169621056 Bunge Limited Emerging Markets Bermuda 25/05/2017 Annual All For
1138784 BMG173841013 BW LPG Ltd. Emerging Markets Bermuda 25/05/2017 Annual Against 7,10 Insufficient basis to support a decision
1145009 BMG1738J1247 BW Offshore Ltd. Emerging Markets Bermuda 25/05/2017 Annual Against 5 Insufficient/poor disclosure
1139134 BMG667211046 Norwegian Cruise
Line Holdings Ltd.
Emerging Markets Bermuda 25/05/2017 Annual All For
1149029 BMG668971101 NWS Holdings
Limited
Emerging Markets Bermuda 25/05/2017 Special All For
1140896 BMG9618E1075 White Mountains
Insurance Group,
Ltd.
Emerging Markets Bermuda 25/05/2017 Annual Against 7 Apparent failure to link pay and appropriate
performance
1141163 BMG2113B1081 China Resources
Gas Group Ltd.
Emerging Markets Bermuda 26/05/2017 Annual Against 3.2
5C
5A
Concerns related to attendance at board or
committee meetings
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1143643 BMG3978C1249 Gome Electrical
Appliances
Holdings Ltd
Emerging Markets Bermuda 26/05/2017 Annual Against 8 Insufficient/poor disclosure
1141531 BMG6901M1010 Giordano
International
Limited
Emerging Markets Bermuda 26/05/2017 Annual Against 6,8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1141794 BMG7208D1092 Pou Sheng
International
(Holdings) Ltd.
Emerging Markets Bermuda 26/05/2017 Annual Against 3b
5A,5C
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1141785 BMG988031446 Yue Yuen Industrial
(Holdings) Ltd.
Emerging Markets Bermuda 26/05/2017 Annual Against 5C
5A
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
1142452 BMG8114Z1014 COSCO SHIPPING
International (Hong
Kong) Co., Ltd.
Emerging Markets Bermuda 29/05/2017 Annual Against 5B,5C
3a
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1140649 BMG2108V1019 China Oriental
Group Co Ltd
Emerging Markets Bermuda 31/05/2017 Annual Against 5,7
3b
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1140590 BMG2759B1072 Digital China
Holdings Limited
Emerging Markets Bermuda 31/05/2017 Annual Against 4.4
4.1,4.3
2.2
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1137462 BMG0464B1072 Argo Group
International
Holdings, Ltd.
Emerging Markets Bermuda 01/06/2017 Annual All For
1144284 BMG0957L1090 Beijing Enterprises
Water Group Ltd.
Emerging Markets Bermuda 01/06/2017 Annual Against 6,7
3.1,3.2,3.3
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1142556 BMG1154H1079 BELMOND LTD. Emerging Markets Bermuda 01/06/2017 Annual Against 1.3
1.4
Concerns related to inappropriate membership of
committees
Concerns to protect shareholder valueConcerns
about overall performance
1143106 BMG2113M1203 Chow Sang Sang
Holdings
International Ltd.
Emerging Markets Bermuda 01/06/2017 Annual Against 6B,6C Issue of equity raises concerns about excessive
dilution of existing shareholders
1143846 BMG2154F1095 China Foods Ltd. Emerging Markets Bermuda 01/06/2017 Annual Against 12,14 Issue of equity raises concerns about excessive
dilution of existing shareholders
1144553 BMG5485F1692 Li & Fung Limited Emerging Markets Bermuda 01/06/2017 Annual Against 3c Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1142451 BMG3939X1002 Glorious Sun
Enterprises Ltd.
Emerging Markets Bermuda 02/06/2017 Annual Against 5A,5C
3A1,3A2,3A3,3A4
3A5,3A7
3A6
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
Overboarded/Too many other time commitments
Overboarded/Too many other time
commitmentsConcerns related to attendance at
board or committee meetings
1149794 BMG3939X1002 Glorious Sun
Enterprises Ltd.
Emerging Markets Bermuda 02/06/2017 Special All For
1138003 BMG5320C1082 Kunlun Energy
Company Ltd
Emerging Markets Bermuda 02/06/2017 Annual Against 6,8
3C
Issue of capital raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1143849 BMG6469T1009 NewOcean Energy
Holdings Ltd.
Emerging Markets Bermuda 02/06/2017 Annual Against 8
6
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
1143599 BMG8063F1068 Shangri-la Asia Ltd. Emerging Markets Bermuda 02/06/2017 Annual Against 6A,6C Issue of equity raises concerns about excessive
dilution of existing shareholders
1144381 BMG970561087 Wing On Company
International Ltd.
Emerging Markets Bermuda 02/06/2017 Annual Against 6,8
3c
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1146774 BMG2161E1113 China Singyes Solar
Technologies
Holdings Ltd
Emerging Markets Bermuda 05/06/2017 Annual Against 9,10
7,8
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Issue of equity raises concerns about excessive
dilution of existing shareholders
1145355 BMG2345T1099 Concord New
Energy Group Ltd.
Emerging Markets Bermuda 05/06/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1144549 BMG9321Z1086 Varitronix
International Ltd.
Emerging Markets Bermuda 05/06/2017 Annual Against 6,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1145432 BMG6359F1032 Nabors Industries
Ltd.
Emerging Markets Bermuda 06/06/2017 Annual Against 3
1.2,1.3,1.4,1.6,1.7
5
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Shareholder proposal promotes enhanced
shareholder rights
1143030 BMG6699D1074 Ocean Wilsons
Holdings Limited
Emerging Markets Bermuda 06/06/2017 Annual Abstain Against 4
5
Concerns related to inappropriate membership of
committees
Concerns related to inappropriate membership of
committees
1144548 BMG348041077 First Pacific Co., Ltd. Emerging Markets Bermuda 07/06/2017 Annual Against 4.4
4.1
Concerns related to attendance at board or
committee meetings
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1140641 BMG5321P1169 K. Wah
International
Holdings Ltd.
Emerging Markets Bermuda 07/06/2017 Annual Against 3.1
5.2,5.3
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1145351 BMG687662301 Paliburg Holdings
Ltd.
Emerging Markets Bermuda 07/06/2017 Annual Against 5B,5C
3D
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1145353 BMG7475M1626 Regal Hotels
International
Holdings Ltd.
Emerging Markets Bermuda 07/06/2017 Annual Against 5B,5C
3D
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1151507 BMG760581097 Road King
Infrastructure Ltd.
Emerging Markets Bermuda 07/06/2017 Special Against 2 Apparent failure to link pay & appropriate
performance 2- Issue of capital raises concerns
about excessive dilution of existing shareholders
1143650 BMG4288J1062 Hanergy Thin Film
Power Group Ltd
Emerging Markets Bermuda 08/06/2017 Annual Against 1
4,6
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
1145726 BMG4404N1065 HengTen Networks
Group Limited
Emerging Markets Bermuda 09/06/2017 Annual Against 2b,2d
5,7
<p>Concerns related to attendance at board or
committee meetings</p>
<p>Issue of equity raises concerns about excessive
dilution of existing shareholders</p>
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1151948 BMG3978C1249 Gome Electrical
Appliances
Holdings Ltd
Emerging Markets Bermuda 12/06/2017 Special All For
1146476 BMG3075P1014 Enstar Group
Limited
Emerging Markets Bermuda 13/06/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1145788 BMG570071099 Luye Pharma Group
Ltd.
Emerging Markets Bermuda 13/06/2017 Annual Against 5A,5C
3c
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1147654 BMG670131058 Oakley Capital
Investments Limited
Emerging Markets Bermuda 14/06/2017 Annual Against 4 Concerns related to inappropriate membership of
committees
1147736 BMG5876H1051 Marvell Technology
Group Ltd.
Emerging Markets Bermuda 15/06/2017 Annual Against 2
1.2
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1144550 BMG1368B1028 Brilliance China
Automotive
Holdings Ltd.
Emerging Markets Bermuda 16/06/2017 Annual Against 4A,4C Issue of equity raises concerns about excessive
dilution of existing shareholders
1142459 BMG4600H1016 Hopson
Development
Holdings Ltd.
Emerging Markets Bermuda 16/06/2017 Annual Against 3B
5A,5C
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1144288 BMG8162K1137 Sihuan
Pharmaceutical
Holdings Group Ltd.
Emerging Markets Bermuda 16/06/2017 Annual Against 1,4a3
6A,6C
Concerns related to Non-audit fees
Issue of equity raises concerns about excessive
dilution of existing shareholders
1145418 BMG8979V1046 Town Health
International
Medical Group Ltd.
Emerging Markets Bermuda 16/06/2017 Annual Against 6,8 Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1141986 BMG9019D1048 Travelport
Worldwide Limited
Emerging Markets Bermuda 16/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1150613 BMG423131256 Haier Electronics
Group Co Ltd
Emerging Markets Bermuda 21/06/2017 Annual Against 2A1
6,7
8
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
Performance-related pay/awards for non-executives
1147931 BMG0171W1055 Alibaba Pictures
Group Limited
Emerging Markets Bermuda 23/06/2017 Annual Against 7
4,6
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Issue of equity raises concerns about excessive
dilution of existing shareholders
1153499 BMG4491W1001 Midland Holdings
Ltd
Emerging Markets Bermuda 28/06/2017 Annual Against 2a1 Concerns about overall board structure
1148082 BMG812761002 Signet Jewelers
Limited
Emerging Markets Bermuda 28/06/2017 Annual All For
1158930 BMG0171K1018 Alibaba Health
Information
Technology Ltd.
Emerging Markets Bermuda 29/06/2017 Special All For
1159428 BMG653181005 Nine Dragons Paper
(Holdings) Ltd.
Emerging Markets Bermuda 29/06/2017 Special All For
1153502 BMG4111M1029 G-Resources Group
Ltd.
Emerging Markets Bermuda 30/06/2017 Annual Against 2.1
4,6
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
1154525 BMG4232X1020 Haitong
International
Securities Group Ltd
Emerging Markets Bermuda 30/06/2017 Annual Against 6.4
6.1,6.3
Insufficient basis to support a decision
Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1116784 BRLINXACNOR0 Linx S.A. Emerging Markets Brazil 07/04/2017 Annual Against No Action Taken 4
3.1
Apparent failure to link pay and appropriate
performance
Insufficient disclosure
1116787 BRLINXACNOR0 Linx S.A. Emerging Markets Brazil 07/04/2017 Special All For
1120949 BRGRNDACNOR3 GRENDENE SA Emerging Markets Brazil 10/04/2017 Annual All For
1121962 BRGRNDACNOR3 GRENDENE SA Emerging Markets Brazil 10/04/2017 Special All For
1121589 BRCCROACNOR2 CCR S.A. Emerging Markets Brazil 11/04/2017 Annual Abstain Against 4.11,4.12,5.2,5.3,5.4
4.13,5.5
6
4.2,4.3,4.4,4.5,4.6,4.7,4.8,4.
9
Concerns to protect shareholder value
Insufficient/poor disclosure
Lack of independence on board
1121589 BRCCROACNOR2 CCR S.A. Emerging Markets Brazil 11/04/2017 Annual Abstain Against 4.11,4.12,5.2,5.3,5.4
4.10
4.13,5.5
6
4.3,4.4,4.5,4.6,4.7,4.8,4.9
4.2
Cumulative/slate voting in favour of individual
candidates/slates
Cumulative/slate voting in favour of individual
candidates/slates
Insufficient/poor disclosure
Lack of independence on board
Lack of independence on board
1121590 BRCCROACNOR2 CCR S.A. Emerging Markets Brazil 11/04/2017 Special All For
1121955 BRNATUACNOR6 Natura Cosmeticos
S.A.
Emerging Markets Brazil 11/04/2017 Annual Against No Action Taken 5
4.1
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
1121956 BRNATUACNOR6 Natura Cosmeticos
S.A.
Emerging Markets Brazil 11/04/2017 Special Against 1 Insufficient basis to support a decision
1122286 BRCIELACNOR3 Cielo SA Emerging Markets Brazil 12/04/2017 Annual Against 3 Insufficient/poor disclosure
1122287 BRCIELACNOR3 Cielo SA Emerging Markets Brazil 12/04/2017 Special Abstain Against 2.1,2.2,2.3,2.4,2.5,2.6,2.7,2.
8,2.9,2.10
2.11
1.2,1.3
Concerns about overall board structure
Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1121958 BREMBRACNOR4 Embraer SA Emerging Markets Brazil 12/04/2017 Annual Against 5 Insufficient/poor disclosure
1122561 BREMBRACNOR4 Embraer SA Emerging Markets Brazil 12/04/2017 Annual Against 5 Insufficient/poor disclosure
1122144 BRENBRACNOR2 EDP - Energias Do
Brasil SA
Emerging Markets Brazil 12/04/2017 Annual Against 4 Insufficient/poor disclosure
1122145 BRENBRACNOR2 EDP - Energias Do
Brasil SA
Emerging Markets Brazil 12/04/2017 Special All For
1121959 BRFLRYACNOR5 Fleury S.A. Emerging Markets Brazil 12/04/2017 Annual Against 5 Lack of independence on board
1121961 BRFLRYACNOR5 Fleury S.A. Emerging Markets Brazil 12/04/2017 Special All For
1124522 BRBRCRCTF000 FII BTG Pactual
Corporate Office
Fund
Emerging Markets Brazil 13/04/2017 Annual All For
1134546 BRBRCRCTF000 FII BTG Pactual
Corporate Office
Fund
Emerging Markets Brazil 13/04/2017 Special Against 1 Insufficient/poor disclosure
1122773 BRITSAACNPR7 Itausa,
Investimentos Itau
S.A.
Emerging Markets Brazil 13/04/2017 Annual Abstain Against No Action Taken 3.4
3.3,3.5
4.1
3.2
Cumulative/slate voting in favour of individual
candidates/slates
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
1122776 BRITSAACNPR7 Itausa,
Investimentos Itau
S.A.
Emerging Markets Brazil 13/04/2017 Annual Against 2
1122775 BRITSAACNPR7 Itausa,
Investimentos Itau
S.A.
Emerging Markets Brazil 13/04/2017 Special All For
1131170 BRLIGTACNOR2 Light S.A. Emerging Markets Brazil 13/04/2017 Special Against 1 Concerns to protect shareholder value
1123361 BRMDIAACNOR7 M. Dias Branco S.A
Industria E
Comercio De
Alimentos
Emerging Markets Brazil 13/04/2017 Special All For
1124871 BREGIEACNOR9 ENGIE Brasil
Energia SA
Emerging Markets Brazil 17/04/2017 Annual Against No Action Taken 5.1
5
Concerns about overall board structure
1124877 BRALPAACNPR7 Alpargatas S.A. Emerging Markets Brazil 19/04/2017 Annual Against 1
1125553 BRESTCACNOR5 Estacio
Participacoes SA
Emerging Markets Brazil 19/04/2017 Annual Against 2 Concerns to protect shareholder value
1125568 BRESTCACNOR5 Estacio
Participacoes SA
Emerging Markets Brazil 19/04/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1125552 BRETERACNOR3 Eternit S.A. Emerging Markets Brazil 19/04/2017 Annual Against 4.2,4.3,7.3
4.1
Insufficient basis to support a decision
Insufficient basis to support a decision
1120936 BRHYPEACNOR0 Hypermarcas S.A. Emerging Markets Brazil 19/04/2017 Annual Against No Action Taken 4
3.1
3.2
Insufficient/poor disclosure
Lack of independence on board
Insufficient/poor disclosure
1120938 BRHYPEACNOR0 Hypermarcas S.A. Emerging Markets Brazil 19/04/2017 Special Against 12 Apparent failure to link pay and appropriate
performance
1124870 BRITUBACNPR1 Itau Unibanco
Holding SA
Emerging Markets Brazil 19/04/2017 Annual Against 2.1,2.2
1118782 BRLRENACNOR1 Lojas Renner Emerging Markets Brazil 19/04/2017 Annual All For
1124843 BRTIMPACNOR1 TIM Participacoes
S.A.
Emerging Markets Brazil 19/04/2017 Annual Against 2
5
3.3,3.4,3.6,3.8,3.9
3.2
Concerns to protect shareholder value
Insufficient/poor disclosure
Lack of independence on board
Lack of independence on board
1127982 BRTIMPACNOR1 TIM Participacoes
S.A.
Emerging Markets Brazil 19/04/2017 Annual/Special Against 5
2
Apparent failure to link pay & appropriate
performance
Concerns to protect shareholder value
1124844 BRTIMPACNOR1 TIM Participacoes
S.A.
Emerging Markets Brazil 19/04/2017 Special All For
1124835 BRUGPAACNOR8 Ultrapar
Participacoes S.A.
Emerging Markets Brazil 19/04/2017 Annual All For
1125368 BRUGPAACNOR8 Ultrapar
Participacoes S.A.
Emerging Markets Brazil 19/04/2017 Annual/Special Against 2.1
1.5
Apparent failure to link pay & appropriate
performance 2- Concerns to protect shareholder
value
Concerns to protect shareholder value
1124836 BRUGPAACNOR8 Ultrapar
Participacoes S.A.
Emerging Markets Brazil 19/04/2017 Special Against 1 Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1125603 BRBBSEACNOR5 BB Seguridade
Participacoes S.A.
Emerging Markets Brazil 20/04/2017 Annual Against No Action Taken 3.1,4.1
6
4
3
Insufficient/poor disclosure
Lack of independence on board
Concerns about overall board structure
1125603 BRBBSEACNOR5 BB Seguridade
Participacoes S.A.
Emerging Markets Brazil 20/04/2017 Annual Against No Action Taken 3.1,4.1
4
3
Concerns about overall board structure
Concerns about overall board structure
1125605 BRBBSEACNOR5 BB Seguridade
Participacoes S.A.
Emerging Markets Brazil 20/04/2017 Special All For
1125716 BRELPLACNPR6 Eletropaulo
Metropolitana
Eletricidade de Sao
Paulo S.A.
Emerging Markets Brazil 20/04/2017 Annual Against 1,2
1124172 BRGGBRACNPR8 Gerdau S.A. Emerging Markets Brazil 20/04/2017 Annual Against 2
1124856 BRMGLUACNOR2 Magazine Luiza SA Emerging Markets Brazil 20/04/2017 Annual Abstain Against No Action Taken 4
4.1
3.2
3.3
Concerns about overall board structure
Concerns about overall board structure
Insufficient/poor disclosure
1134053 BRMGLUACNOR2 Magazine Luiza SA Emerging Markets Brazil 20/04/2017 Special Against 2
3
Concerns to protect shareholder value
Insufficient/poor disclosure
1134049 BRTAEECDAM10 Transmissora
Alianca De Energia
Eletrica SA
Emerging Markets Brazil 20/04/2017 Special All For
1125792 BRTIETACNPR7 AES Tiete Energia SA Emerging Markets Brazil 20/04/2017 Annual Against No Action Taken 4.1,4.2
4
Concerns about overall board structure
1125789 BRTIETACNPR7 AES Tiete Energia SA Emerging Markets Brazil 20/04/2017 Annual Against 1
1125641 BRTIETACNPR7 AES Tiete Energia SA Emerging Markets Brazil 20/04/2017 Annual Against No Action Taken 4.1
4
Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1125644 BRTIETACNPR7 AES Tiete Energia SA Emerging Markets Brazil 20/04/2017 Special Against 1 Apparent failure to link pay and appropriate
performance
1119734 BRTOTSACNOR8 TOTVS SA Emerging Markets Brazil 20/04/2017 Annual All For
1124841 BRTOTSACNOR8 TOTVS SA Emerging Markets Brazil 20/04/2017 Special All For
1134987 BRVALEACNOR0 Vale S.A. Emerging Markets Brazil 20/04/2017 Annual Abstain Against 1.4.1
1.5.1
1.3.1
Concerns about overall board structure
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure
1125541 BRVALEACNOR0 Vale S.A. Emerging Markets Brazil 20/04/2017 Annual Against 5
4
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure
1125540 BRVALEACNOR0 Vale S.A. Emerging Markets Brazil 20/04/2017 Annual Abstain Against No Action Taken 4
5
4.1
3
Concerns about overall board structure
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure
Concerns about overall board structure
1134992 BRVALEACNOR0 Vale S.A. Emerging Markets Brazil 20/04/2017 Annual Against 1.4.1
1.5.1
Apparent failure to link pay & appropriate
performance
1127374 BRRDNIACNOR9 Rodobens Negocios
Imobiliarios S.A.
Emerging Markets Brazil 24/04/2017 Annual Against No Action Taken 4.1
3
4
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1127376 BRRDNIACNOR9 Rodobens Negocios
Imobiliarios S.A.
Emerging Markets Brazil 24/04/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1136891 BRCOCEACNPA3 Companhia
Energetica do
Ceara - Coelce
Emerging Markets Brazil 25/04/2017 Annual All For
1128292 BRRENTACNOR4 Localiza Rent a Car
S.A.
Emerging Markets Brazil 25/04/2017 Annual All For
1128293 BRRENTACNOR4 Localiza Rent a Car
S.A.
Emerging Markets Brazil 25/04/2017 Special All For
1126380 BRWEGEACNOR0 WEG S.A. Emerging Markets Brazil 25/04/2017 Annual Against No Action Taken 5.1
5
Concerns about overall board structure
1123699 BRWIZSACNOR1 Wiz Solucoes e
Corretagem de
Seguros S.A.
Emerging Markets Brazil 25/04/2017 Annual Against 3 Lack of independence on board
1124380 BRWIZSACNOR1 Wiz Solucoes e
Corretagem de
Seguros S.A.
Emerging Markets Brazil 25/04/2017 Special Against 1 Insufficient basis to support a decisionApparent
failure to link pay and appropriate performance
1125372 BRBRFSACNOR8 BRF SA Emerging Markets Brazil 26/04/2017 Annual Against 6 Apparent failure to link pay and appropriate
performanceInsufficient/poor disclosure
1130460 BRBRFSACNOR8 BRF SA Emerging Markets Brazil 26/04/2017 Annual/Special Against 6
1
Apparent failure to link pay and appropriate
performanceInsufficient/poor disclosure
Concerns to protect shareholder value
1128530 BRBRFSACNOR8 BRF SA Emerging Markets Brazil 26/04/2017 Special Against 1 Concerns to protect shareholder value
1128834 BRCESPACNPB4 CESP, Companhia
Energetica de Sao
Paulo S.A.
Emerging Markets Brazil 26/04/2017 Annual Against 1,2
1128443 BRCSMGACNOR5 Companhia de
Saneamento de
Minas Gerais
(COPASA)
Emerging Markets Brazil 26/04/2017 Annual Abstain Against No Action Taken 5.4
5.3,5.5
1
5.2
Concerns about overall board structure
Concerns to protect shareholder value
Lack of independence on board
1128449 BRCSMGACNOR5 Companhia de
Saneamento de
Minas Gerais
(COPASA)
Emerging Markets Brazil 26/04/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1128426 BRDTEXACNOR3 Duratex S.A. Emerging Markets Brazil 26/04/2017 Annual Against No Action Taken 4
3.3
Insufficient/poor disclosure
Insufficient/poor disclosure
1128429 BRDTEXACNOR3 Duratex S.A. Emerging Markets Brazil 26/04/2017 Special All For
1127391 BRHGTXACNOR9 Cia. Hering Emerging Markets Brazil 26/04/2017 Annual All For
1127394 BRHGTXACNOR9 Cia. Hering Emerging Markets Brazil 26/04/2017 Special All For
1137213 BRPCARACNPR0 Companhia
Brasileira de
Distribuicao Grupo
Pao de Acucar
Emerging Markets Brazil 26/04/2017 Annual All For
1128284 BRRAILACNOR9 Rumo S.A. Emerging Markets Brazil 26/04/2017 Annual Abstain Against No Action Taken 6
6.1
4.1
Concerns about overall board structure
Insufficient/poor disclosure
1128285 BRRAILACNOR9 Rumo S.A. Emerging Markets Brazil 26/04/2017 Special Against 1 Insufficient/poor disclosure
1126990 BRVIVTACNPR7 Telefonica Brasil
S.A.
Emerging Markets Brazil 26/04/2017 Annual All For
1129671 BRBBASACNOR3 Banco do Brasil S.A. Emerging Markets Brazil 27/04/2017 Annual Against 7
4.2,4.3,4.4,4.5
4.1
Insufficient/poor disclosure
Lack of independence on board
Lack of independence on board
4.6
1129674 BRBBASACNOR3 Banco do Brasil S.A. Emerging Markets Brazil 27/04/2017 Special Against 3 Insufficient/poor disclosure
1129436 BRBPACACNPA0 Banco BTG Pactual
SA
Emerging Markets Brazil 27/04/2017 Annual Against 6 Lack of independence on board
1130109 BRBTOWACNOR8 B2W Companhia
Digital
Emerging Markets Brazil 27/04/2017 Annual Against No Action Taken 3
2.1
Insufficient/poor disclosure
Insufficient/poor disclosure
1130113 BRBTOWACNOR8 B2W Companhia
Digital
Emerging Markets Brazil 27/04/2017 Special All For
1129372 BRCSANACNOR6 Cosan S.A. Industria
e Comercio
Emerging Markets Brazil 27/04/2017 Annual Against No Action Taken 6
4.1
4.2
Insufficient/poor disclosure
Lack of independence on board
Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1134819 BRCSANACNOR6 Cosan S.A. Industria
e Comercio
Emerging Markets Brazil 27/04/2017 Special Against 7
1
Apparent failure to link pay & appropriate
performance 2- Concerns to protect shareholder
value
Insufficient/poor disclosure
1129354 BREQTLACNOR0 Equatorial Energia
S.A.
Emerging Markets Brazil 27/04/2017 Annual Against 4.2 Lack of independence on board
1130353 BRLAMEACNPR6 Lojas Americanas
S.A.
Emerging Markets Brazil 27/04/2017 Annual Against 1
1130110 BRLAMEACNPR6 Lojas Americanas
S.A.
Emerging Markets Brazil 27/04/2017 Annual Abstain Against 6.2
6.3
4
Concerns about overall board structure
Insufficient/poor disclosure
1130114 BRLAMEACNPR6 Lojas Americanas
S.A.
Emerging Markets Brazil 27/04/2017 Special All For
1128889 BRPETRACNPR6 Petroleo Brasileiro
SA-Petrobras
Emerging Markets Brazil 27/04/2017 Annual Against 1.2 Concerns about candidate's experience/skills
1138210 BRPETRACNPR6 Petroleo Brasileiro
SA-Petrobras
Emerging Markets Brazil 27/04/2017 Annual Against 2b Concerns about candidate's experience/skills
1130443 BRPETRACNPR6 Petroleo Brasileiro
SA-Petrobras
Emerging Markets Brazil 27/04/2017 Annual/Special Against 2.2b
2.1
<p>Concerns about candidate's experience/skills</p>
Cumulative/slate voting in favour of individual
candidates/slates
1128816 BRPETRACNPR6 Petroleo Brasileiro
SA-Petrobras
Emerging Markets Brazil 27/04/2017 Special All For
1130431 BRABEVACNOR1 Ambev S.A. Emerging Markets Brazil 28/04/2017 Annual Abstain Against No Action Taken 4
3.3,4.1
3.2
Cumulative/slate voting in favour of individual
candidates/slates
Cumulative/slate voting in favour of individual
candidates/slates
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1125479 BRABEVACNOR1 Ambev S.A. Emerging Markets Brazil 28/04/2017 Annual/Special Abstain Against 4a
4b
3.2
Cumulative/slate voting in favour of individual
candidates/slates
Lack of independence on board
1130430 BRABEVACNOR1 Ambev S.A. Emerging Markets Brazil 28/04/2017 Special All For
1129448 BRBPACACNPA0 Banco BTG Pactual
SA
Emerging Markets Brazil 28/04/2017 Annual Against No Action Taken 4
3
3.1
Insufficient/poor disclosure
Lack of independence on board
Insufficient/poor disclosure
1129450 BRBPACACNPA0 Banco BTG Pactual
SA
Emerging Markets Brazil 28/04/2017 Special All For
1130993 BRBRKMACNPA4 Braskem S.A. Emerging Markets Brazil 28/04/2017 Annual All For
1129676 BRBRMLACNOR9 BR Malls
Participacoes S.A.
Emerging Markets Brazil 28/04/2017 Annual All For
1132732 BRBRMLACNOR9 BR Malls
Participacoes S.A.
Emerging Markets Brazil 28/04/2017 Special All For
1119316 BRBRPRACNOR9 BR PROPERTIES SA Emerging Markets Brazil 28/04/2017 Annual Against 4 Insufficient/poor disclosure
1131105 BRBRSRACNPB4 Banco Estado Do
Rio Grande Do Sul
SA
Emerging Markets Brazil 28/04/2017 Annual Against 1,2.1,2.2
1130892 BRBVMFACNOR3 BMFBOVESPA S.A. Emerging Markets Brazil 28/04/2017 Annual All For
1130894 BRBVMFACNOR3 BMFBOVESPA S.A. Emerging Markets Brazil 28/04/2017 Special Against 5 Insufficient/poor disclosure
1130894 BRBVMFACNOR3 BMFBOVESPA S.A. Emerging Markets Brazil 28/04/2017 Special All For
1130369 BRCLSCACNPR3 Centrais Eletricas
De Santa Catarina -
Celesc
Emerging Markets Brazil 28/04/2017 Annual/Special Against 1.1,1.2
1129684 BRCPFEACNOR0 CPFL Energia S.A. Emerging Markets Brazil 28/04/2017 Annual Against 6
4.1,4.2,4.3,4.4
Insufficient/poor disclosure
Lack of independence on board
1129688 BRCPFEACNOR0 CPFL Energia S.A. Emerging Markets Brazil 28/04/2017 Special Against 1 Insufficient/poor disclosure
1135002 BRCPLEACNPB9 Companhia
Paranaense de
Energia - COPEL
Emerging Markets Brazil 28/04/2017 Annual All For
1130463 BRCPLEACNPB9 Companhia
Paranaense de
Energia - COPEL
Emerging Markets Brazil 28/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1130208 BRCSNAACNOR6 Companhia
Siderurgica
Nacional - CSN
Emerging Markets Brazil 28/04/2017 Annual Against No Action Taken 1.3
2
1.2
Insufficient/poor disclosure
Concerns about overall board structure
1130210 BRCSNAACNOR6 Companhia
Siderurgica
Nacional - CSN
Emerging Markets Brazil 28/04/2017 Special Against 1 Concerns about reducing shareholder rights
1130866 BRCVCBACNOR1 CVC Brasil
Operadora e
Agencia de Viagens
SA
Emerging Markets Brazil 28/04/2017 Annual Against 4 Insufficient basis to support a decision
1130868 BRCVCBACNOR1 CVC Brasil
Operadora e
Agencia de Viagens
SA
Emerging Markets Brazil 28/04/2017 Special Against No Action Taken 5.2
5.1
Concerns about overall board structure
1130436 BRCYREACNOR7 Cyrela Brazil Realty
S.A
Empreendimentos
E Participacoes
Emerging Markets Brazil 28/04/2017 Annual Against 2
3
Concerns to protect shareholder value
Insufficient basis to support a decision
1130865 BRCYREACNOR7 Cyrela Brazil Realty
S.A
Empreendimentos
E Participacoes
Emerging Markets Brazil 28/04/2017 Special Against 4 Apparent failure to link pay and appropriate
performance
1130203 BRDIRRACNOR0 Direcional
Engenharia SA
Emerging Markets Brazil 28/04/2017 Annual All For
1129407 BRELETACNPB7 Eletrobras, Centrais
Eletricas Brasileiras
S.A.
Emerging Markets Brazil 28/04/2017 Annual Abstain Against No Action Taken 3.2,4
3.1,4.1
5
3
Insufficient/poor disclosure
Concerns to protect shareholder value
Cumulative/slate voting in favour of individual
candidates/slates
1129662 BRELETACNPB7 Eletrobras, Centrais
Eletricas Brasileiras
S.A.
Emerging Markets Brazil 28/04/2017 Annual Against 2
1129409 BRELETACNPB7 Eletrobras, Centrais
Eletricas Brasileiras
S.A.
Emerging Markets Brazil 28/04/2017 Special All For
1141310 BRELETACNPB7 Eletrobras, Centrais
Eletricas Brasileiras
S.A.
Emerging Markets Brazil 28/04/2017 Special Against 1 Concerns about reducing shareholder rights
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1129353 BRFIBRACNOR9 Fibria Celulose SA Emerging Markets Brazil 28/04/2017 Annual Abstain Against No Action Taken 8
8.2
9
5
5.1
Concerns about overall board structure
Insufficient/poor disclosure
Lack of independence on board
Insufficient/poor disclosure
1131085 BRFIBRACNOR9 Fibria Celulose SA Emerging Markets Brazil 28/04/2017 Annual/Special Abstain Against 8
1
9
5
Concerns about overall board structure
Concerns to protect shareholder value
Insufficient/poor disclosure
Lack of independence on board
1129313 BRFIBRACNOR9 Fibria Celulose SA Emerging Markets Brazil 28/04/2017 Special Against 1 Concerns to protect shareholder value
1129312 BRGFSAACNOR3 Gafisa S.A. Emerging Markets Brazil 28/04/2017 Annual Against 2 Insufficient basis to support a decision
1128296 BRJBSSACNOR8 JBS S.A. Emerging Markets Brazil 28/04/2017 Annual Against 2
3.4,3.5,3.6,3.7,3.8,3.10
3.2
Concerns to protect shareholder value
Lack of independence on board
Lack of independence on board
1128299 BRJBSSACNOR8 JBS S.A. Emerging Markets Brazil 28/04/2017 Special All For
1138693 BRKLBNACNPR9 Klabin S.A. Emerging Markets Brazil 28/04/2017 Special All For
1129691 BRKROTACNOR9 Kroton Educacional
S.A.
Emerging Markets Brazil 28/04/2017 Annual All For
1129692 BRKROTACNOR9 Kroton Educacional
S.A.
Emerging Markets Brazil 28/04/2017 Special Against 1 Insufficient/poor disclosure
1130135 BRLIGTACNOR2 Light S.A. Emerging Markets Brazil 28/04/2017 Annual Against No Action Taken 3.3
4
3.2
Insufficient/poor disclosure
Concerns about overall board structure
1130158 BRLIGTACNOR2 Light S.A. Emerging Markets Brazil 28/04/2017 Special Against 1 Lack of independence on board
1130106 BRLPSBACNOR0 LPS Brasil-
Consultoria de
Imoveis SA
Emerging Markets Brazil 28/04/2017 Annual Against 2 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1137606 BRLPSBACNOR0 LPS Brasil-
Consultoria de
Imoveis SA
Emerging Markets Brazil 28/04/2017 Special All For
1132368 BRMPLUACNOR3 Multiplus SA Emerging Markets Brazil 28/04/2017 Annual Against 4 Insufficient/poor disclosure
1129694 BRMRFGACNOR0 Marfrig Global
Foods SA
Emerging Markets Brazil 28/04/2017 Annual Abstain Against No Action Taken 3
3.1
2.1
Concerns about overall board structure
Insufficient/poor disclosure
1130087 BRMRVEACNOR2 MRV Engenharia e
Participacoes SA
Emerging Markets Brazil 28/04/2017 Annual All For
1130085 BRMRVEACNOR2 MRV Engenharia e
Participacoes SA
Emerging Markets Brazil 28/04/2017 Special Against 4,6
7
Concerns to protect shareholder value
Insufficient/poor disclosure
1129698 BRMULTACNOR5 Multiplan
Empreendimentos
Imobiliarios S.A.
Emerging Markets Brazil 28/04/2017 Annual All For
1129699 BRMULTACNOR5 Multiplan
Empreendimentos
Imobiliarios S.A.
Emerging Markets Brazil 28/04/2017 Special All For
1125373 BRMYPKACNOR7 Iochpe Maxion S.A. Emerging Markets Brazil 28/04/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
1129978 BRQUALACNOR6 Qualicorp SA Emerging Markets Brazil 28/04/2017 Annual All For
1131146 BRSANBACNPR5 Banco Santander
(Brasil) S.A.
Emerging Markets Brazil 28/04/2017 Annual Against e Insufficient/poor disclosure
1133812 BRSANBACNPR5 Banco Santander
(Brasil) S.A.
Emerging Markets Brazil 28/04/2017 Annual Against 5 Insufficient/poor disclosure
1136511 BRSBSPACNOR5 Companhia
Saneamento Basico
do Estado de Sao
Paulo - SABESP
Emerging Markets Brazil 28/04/2017 Annual All For
1138083 BRSUZBACNPA3 Suzano Papel e
Celulose S.A.
Emerging Markets Brazil 28/04/2017 Annual Against 1
1134907 BRTAEECDAM10 Transmissora
Alianca De Energia
Eletrica SA
Emerging Markets Brazil 28/04/2017 Annual Against No Action Taken 5
3
3.1
Insufficient/poor disclosure
Lack of independence on board
Insufficient/poor disclosure
1129922 BRVLIDACNOR5 Valid Solucoes e
Servicos de
Seguranca em
Meios de
Pagamentos e
Identificacao S.
Emerging Markets Brazil 28/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1129922 BRVLIDACNOR5 Valid Solucoes e
Servicos de
Seguranca em
Meios de
Pagamentos e
Identificacao S.
Emerging Markets Brazil 28/04/2017 Annual Against 5 Concerns to protect shareholder value
1129925 BRVLIDACNOR5 Valid Solucoes e
Servicos de
Seguranca em
Meios de
Pagamentos e
Identificacao S.
Emerging Markets Brazil 28/04/2017 Special All For
1129925 BRVLIDACNOR5 Valid Solucoes e
Servicos de
Seguranca em
Meios de
Pagamentos e
Identificacao S.
Emerging Markets Brazil 28/04/2017 Special Against 6 Concerns related to potential conflict of interests
1124655 BRLRENACNOR1 Lojas Renner Emerging Markets Brazil 03/05/2017 Special All For
1140207 BRWIZSACNOR1 Wiz Solucoes e
Corretagem de
Seguros S.A.
Emerging Markets Brazil 03/05/2017 Special All For
1147413 BRBRMLACNOR9 BR Malls
Participacoes S.A.
Emerging Markets Brazil 10/05/2017 Special All For
1146580 BRBVMFACNOR3 BMFBOVESPA S.A. Emerging Markets Brazil 10/05/2017 Special All For
1140038 BRCMIGACNPR3 Cemig, Companhia
Energetica De
Minas Gerais
Emerging Markets Brazil 12/05/2017 Annual Against 1
1141983 BRCMIGACNPR3 Cemig, Companhia
Energetica De
Minas Gerais
Emerging Markets Brazil 12/05/2017 Annual/Special Against 4
1138725 BREQTLACNOR0 Equatorial Energia
S.A.
Emerging Markets Brazil 15/05/2017 Special Against 3 Insufficient basis to support a decision
1147410 BRVLIDACNOR5 Valid Solucoes e
Servicos de
Seguranca em
Meios de
Pagamentos e
Identificacao S.
Emerging Markets Brazil 15/05/2017 Special All For
1149993 BRWIZSACNOR1 Wiz Solucoes e
Corretagem de
Seguros S.A.
Emerging Markets Brazil 25/05/2017 Special All For
1145825 BRTIETACNPR7 AES Tiete Energia SA Emerging Markets Brazil 29/05/2017 Special Against 2 Lack of independence on board
1145984 BRTIETACNPR7 AES Tiete Energia SA Emerging Markets Brazil 29/05/2017 Special Against 2 Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1151662 BRCVCBACNOR1 CVC Brasil
Operadora e
Agencia de Viagens
SA
Emerging Markets Brazil 02/06/2017 Special All For
1151660 BRCVCBACNOR1 CVC Brasil
Operadora e
Agencia de Viagens
SA
Emerging Markets Brazil 02/06/2017 Special Against 2
4
Apparent failure to link pay and appropriate
performance
Apparent failure to link pay and appropriate
performanceConcerns to protect shareholder value
1148500 BRMPLUACNOR3 Multiplus SA Emerging Markets Brazil 05/06/2017 Special All For
1150876 BRBVMFACNOR3 BMFBOVESPA S.A. Emerging Markets Brazil 14/06/2017 Special All For
1158227 BRTAEECDAM10 Transmissora
Alianca De Energia
Eletrica SA
Emerging Markets Brazil 23/06/2017 Special Against 1 Insufficient/poor disclosureLack of independence on
board
1154104 BRFLRYACNOR5 Fleury S.A. Emerging Markets Brazil 26/06/2017 Special All For
1150527 BRVALEACNOR0 Vale S.A. Emerging Markets Brazil 27/06/2017 Special All For
1150544 BRVALEACNOR0 Vale S.A. Emerging Markets Brazil 27/06/2017 Special All For
1157131 BRVALEACNOR0 Vale S.A. Emerging Markets Brazil 27/06/2017 Special All For
1159064 BRSMLEACNOR1 Smiles SA Emerging Markets Brazil 30/06/2017 Special All For
1122431 Grand Baoxin Auto
Group Limited
Emerging Markets Cayman
Islands
06/04/2017 Special All For
1145782 Grand Baoxin Auto
Group Limited
Emerging Markets Cayman
Islands
28/06/2017 Annual Against 5,6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1158936 Grand Baoxin Auto
Group Limited
Emerging Markets Cayman
Islands
29/06/2017 Special All For
1112970 AN8068571086 Schlumberger
Limited
Emerging Markets Curacao 05/04/2017 Annual All For
1146541 ANN6748L1027 Orthofix
International N.V.
Emerging Markets Curacao 13/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1120598 AEE000401019 Emirates
Telecommunication
s Group Co PJSC
(Etisalat Group)
Emerging Markets United
Arab
Emirates
09/04/2017 Annual Against 8 Insufficient/poor disclosure
1121067 AED000601016 Dubai Investments
PJSC
Emerging Markets United
Arab
Emirates
10/04/2017 Annual Against 11 Insufficient disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1125159 AED001301012 DAMAC Properties
Dubai Co PJSC
Emerging Markets United
Arab
Emirates
16/04/2017 Annual All For
1119976 AEE000301011 Emaar Properties
PJSC
Emerging Markets United
Arab
Emirates
17/04/2017 Annual Against 5 Insufficient basis to support a decision
1120463 AEA001501013 Arabtec Holding
S.A.L.
Emerging Markets United
Arab
Emirates
18/04/2017 Annual All For
1128460 AED001501017 DXB
Entertainments
PJSC
Emerging Markets United
Arab
Emirates
18/04/2017 Annual Against 7
10
Inappropriate bundling of election of directors on a
single vote
Inappropriate bundling of election of directors on a
single vote 2- Insufficient/poor disclosure
1116985 AEE001501015 Emaar Malls Group
PJSC
Emerging Markets United
Arab
Emirates
18/04/2017 Annual Against 9,10,12 Insufficient/poor disclosure
1133619 AEN000101016 First Abu Dhabi
Bank P.J.S.C
Emerging Markets United
Arab
Emirates
24/04/2017 Special All For
1126977 AEDFXA0M6V00 DP World Ltd Emerging Markets United
Arab
Emirates
27/04/2017 Annual All For
1153108 AED001301012 DAMAC Properties
Dubai Co PJSC
Emerging Markets United
Arab
Emirates
14/06/2017 Special Abstain 9,10,11
5
Concerns about candidate's experience/skills
Concerns about candidate's experience/skills
1101174 AT0000746409 Verbund AG Europe Austria 05/04/2017 Annual All For
1112516 AT0000APOST4 Oesterreichische
Post AG
Europe Austria 20/04/2017 Annual Against 7.2 Concerns about reducing shareholder rights
1100976 AT0000644505 Lenzing AG Europe Austria 25/04/2017 Annual Against 5
6.1,6.2
Insufficient basis to support a decision
Lack of independence on board
1101016 AT0000938204 Mayr-Melnhof
Karton AG
Europe Austria 26/04/2017 Annual All For
1101198 AT0000946652 Schoeller-
Bleckmann Oilfield
Equipment AG
Europe Austria 27/04/2017 Annual Against 7 Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1101202 AT0000676903 RHI AG Europe Austria 05/05/2017 Annual Against 7.2,7.3
7.1
Lack of independence on board
Lack of independence on boardConcerns related to
approach to board diversity
1101169 AT0000641352 CA Immobilien
Anlagen AG
Europe Austria 11/05/2017 Annual All For
1101182 AT0000908504 Vienna Insurance
Group Ag
Europe Austria 12/05/2017 Annual Against 5,7,8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1101014 AT0000625108 Oberbank AG Europe Austria 16/05/2017 Annual Against 9
5.3,5.4
Apparent failure to link pay and appropriate
performance
Lack of independence on board
1101020 AT0000652011 Erste Group Bank
AG
Europe Austria 17/05/2017 Annual Against 6
10
Concerns related to Non-audit fees 2- Insufficient
basis to support a decision
Insufficient/poor disclosure
1101207 AT0000831706 Wienerberger AG Europe Austria 19/05/2017 Annual Against 7 Insufficient/poor disclosure
1101175 AT0000609607 PORR AG Europe Austria 23/05/2017 Annual All For
1101180 AT0000815402 UBM Development
AG
Europe Austria 23/05/2017 Annual All For
1101173 AT0000743059 OMV AG Europe Austria 24/05/2017 Annual Against 7.2 Apparent failure to link pay & appropriate
performance
1101407 AT0000821103 UNIQA Insurance
Group AG
Europe Austria 29/05/2017 Annual Against 6.1 Lack of independence on board
1101229 AT0000809058 Immofinanz AG Europe Austria 01/06/2017 Annual All For
1101199 AT0000652250 S Immo AG Europe Austria 08/06/2017 Annual Against 6
7,8
Concerns about overall board structure
Issue of capital raises concerns about excessive
dilution of existing shareholders
1101232 AT0000720008 Telekom Austria AG Europe Austria 09/06/2017 Annual Against 6.1,6.2 Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1116970 AT0000A18XM4 ams AG Europe Austria 09/06/2017 Annual Against 9,10 Issue of capital raises concerns about excessive
dilution of existing shareholders
1112380 AT0000606306 Raiffeisen Bank
International AG
Europe Austria 22/06/2017 Annual Against 6.1,6.2,6.3,6.4,6.7,6.8 Lack of independence on board
1118790 BE0003898187 SIPEF Europe Belgium 04/04/2017 Special Against 3 Concerns to protect shareholder value
1100003 BE0003810273 Proximus Group Europe Belgium 19/04/2017 Annual All For
1115001 BE0165385973 MELEXIS Europe Belgium 20/04/2017 Annual Against 9
5
Inappropriate bundling of election of directors on a
single vote
Insufficient disclosure
1115011 BE0974294267 Nyrstar NV Europe Belgium 20/04/2017 Annual/Special Against 4
3
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
1100004 BE0003678894 Befimmo SA Europe Belgium 25/04/2017 Annual All For
1108443 BE0003797140 Groupe Bruxelles
Lambert
Europe Belgium 25/04/2017 Annual Against 7.2
5.1.2,5.2.1,5.2.3,5.2.5
Apparent failure to link pay & appropriate
performance
Lack of independence on board
1108440 BE0003818359 Galapagos Europe Belgium 25/04/2017 Annual/Special Against 5,11
3
9iii
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
Oerboarded
1127766 BE0003884047 Umicore Europe Belgium 25/04/2017 Annual/Special All For
1115016 BE0003746600 Intervest Offices &
Warehouses SA
Europe Belgium 26/04/2017 Annual/Special Against I.2,III Issue of equity raises concerns about excessive
dilution of existing shareholders
1100006 BE0003763779 Warehouses de
Pauw
Europe Belgium 26/04/2017 Annual Against 7 Insufficient/poor disclosure
1115018 BE0003823409 Financiere de
Tubize
Europe Belgium 26/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1108445 BE0003826436 Telenet Group
Holding NV
Europe Belgium 26/04/2017 Annual Against 11
4
12
Apparent failure to link pay & appropriate
performance
Insufficient/poor disclosure
Insufficient/poor disclosureApparent failure to link
pay and appropriate performance
1127445 BE0003826436 Telenet Group
Holding NV
Europe Belgium 26/04/2017 Special Against 2 Issue of equity raises concerns about excessive
dilution of existing shareholders
1114715 BE0003839561 Van De Velde Europe Belgium 26/04/2017 Annual/Special Against 3,4
4
8b
2
8a
Anti-takeover measure not in investors interests
Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
Inappropriate bundling of election of directors on a
single vote
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded
1118432 BE0974293251 Anheuser-Busch
InBev SA
Europe Belgium 26/04/2017 Annual/Special Against B13.a
B12.a,B12.b,B12.c
B13.c
Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
Lack of independence on board
Performance-related pay/awards for non-executives
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1118667 BE0974293251 Anheuser-Busch
InBev SA
Europe Belgium 26/04/2017 Annual/Special Against B13.a
B12.a,B12.b,B12.c
B13.c
Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
Lack of independence on board
Performance-related pay/awards for non-executives
1108447 BE0003739530 UCB SA Europe Belgium 27/04/2017 Annual/Special All For
1100014 BE0003790079 Barco Europe Belgium 27/04/2017 Annual Against 7.3 Overboarded/Too many other time commitments
1100011 BE0003877942 Ablynx NV Europe Belgium 27/04/2017 Annual/Special Against 8 Inappropriate bundling of election of directors on a
single vote
1115021 BE0003735496 Orange Belgium SA Europe Belgium 03/05/2017 Annual/Special Against 3 Apparent failure to link pay and appropriate
performance
1100015 BE0003565737 KBC Groep NV Europe Belgium 04/05/2017 Annual Against 6
9a,9b,9c,9d,9e
Apparent failure to link pay and appropriate
performance
Lack of independence on board
1133038 BE0003717312 Sofina SA Europe Belgium 04/05/2017 Annual Against 5 Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
1100017 BE0003883031 Compagnie d
Entreprises CFE
Europe Belgium 04/05/2017 Annual Against 6.1
9.3,9.4,9.5,9.6,9.7
Insufficient/poor disclosure
Lack of independence on board
1118184 BE0003874915 Fagron NV Europe Belgium 08/05/2017 Annual Against 14,15,16 Lack of independence on board
1135193 BE0003874915 Fagron NV Europe Belgium 08/05/2017 Special Against 3
2
Concerns to protect shareholder value
Poison pill/anti-takeover measure not in investors
interests
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1108663 BE0003470755 Solvay SA Europe Belgium 09/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1118191 BE0003755692 Agfa Gevaert NV Europe Belgium 09/05/2017 Annual All For
1118196 BE0003593044 Cofinimmo Europe Belgium 10/05/2017 Annual All For
1122522 BE0003766806 Ion Beam
Applications SA
Europe Belgium 10/05/2017 Annual All For
1100023 BE0974258874 NV BEKAERT SA Europe Belgium 10/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1100022 BE0974268972 bpost NV-SA Europe Belgium 10/05/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
1135183 BE0974274061 Kinepolis Group NV Europe Belgium 10/05/2017 Annual Against 7.1
7.2
Lack of independence on board
Lack of independence on boardLack of independent
representation at board committees
1111233 BE0003816338 Euronav NV Europe Belgium 11/05/2017 Annual Against 10 Apparent failure to link pay & appropriate
performance
1145319 BE0003746600 Intervest Offices &
Warehouses SA
Europe Belgium 15/05/2017 Special Against I.2,III Concerns to protect shareholder value
1144349 BE0003877942 Ablynx NV Europe Belgium 15/05/2017 Special All For
1118200 BE0003820371 EVS Europe Belgium 16/05/2017 Annual All For
1108671 BE0003822393 Elia System
Operator
Europe Belgium 16/05/2017 Annual Against 4 Insufficient/poor disclosure
1100026 BE0974313455 Econocom Group SE Europe Belgium 16/05/2017 Annual/Special Against 8
6.1,6.2
4
Apparent failure to link pay and appropriate
performanceInsufficient/poor disclosure
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
1100005 BE0974264930 Ageas SA/NV Europe Belgium 17/05/2017 Annual/Special All For
1139096 BE0974294267 Nyrstar NV Europe Belgium 18/05/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1147055 BE0974294267 Nyrstar NV Europe Belgium 18/05/2017 Special Against 4
3
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
1108679 BE0003764785 Ackermans & van
Haaren
Europe Belgium 22/05/2017 Annual Against 7
6.1,6.2,6.3
Apparent failure to link pay & appropriate
performance
Lack of independence on board
1136813 BE0974276082 Ontex Group NV Europe Belgium 24/05/2017 Annual/Special Against 8
2
1.a,1.b
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Poison pill/anti-takeover measure not in investors
interests
1100042 BE0003656676 Recticel SA Europe Belgium 30/05/2017 Annual/Special Against 8.5,2.3
1.2,1.4,2.2
1.3,2.1
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
Poison pill/anti-takeover measure not in investors
interests
1138147 BE0974259880 D'Ieteren Europe Belgium 01/06/2017 Annual/Special Against 6
1.1,1.2
Concerns related to Non-audit fees
Poison pill/anti-takeover measure not in investors
interests
1100044 BE0003555639 Tessenderlo
Chemie NV
Europe Belgium 06/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1148259 BE0003555639 Tessenderlo
Chemie NV
Europe Belgium 06/06/2017 Special Against 3.1,3.2
4.3,4.4,5.2
Administrative declaration
Poison pill/anti-takeover measure not in investors
interests
1100046 BE0003898187 SIPEF Europe Belgium 14/06/2017 Annual Against 7 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1100048 BE0003699130 GIMV Europe Belgium 28/06/2017 Annual All For
1154025 BE0003816338 Euronav NV Europe Belgium 28/06/2017 Special All For
1135186 BE0003816338 Euronav NV Europe Belgium 28/06/2017 Special Against 4,5
3.1,3.2
1.2,2
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
Poison pill/anti-takeover measure not in investors
interests
1150326 Carmila SASU Europe France 24/05/2017 Bondholder All For
1109669 Banca Monte dei
Paschi di Siena SPA
Europe Italy 12/04/2017 Annual/Special Against 2 Apparent failure to link pay and appropriate
performance
1150013 iShares Trust North America USA 19/06/2017 Special All For
1150016 iShares Core High
Dividend ETF
North America USA 19/06/2017 Special All For
1151450 iShares, Inc. North America USA 19/06/2017 Special All For
1150017 iShares
Morningstar Multi-
Asset Income Index
Fund
North America USA 19/06/2017 Special All For
1151448 iShares, Inc. North America USA 19/06/2017 Special All For
1121318 CA0011811068 Ag Growth
International Inc.
North America Canada 01/06/2017 Annual All For
1138976 CA0012641001 AGT Food and
Ingredients Inc.
North America Canada 14/06/2017 Annual All For
1116035 CA00208D4084 ARC Resources Ltd. North America Canada 04/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1115128 CA00762V1094 Aecon Group Inc. North America Canada 29/06/2017 Annual All For
1127969 CA00765F1018 Advantage Oil &
Gas Ltd.
North America Canada 25/05/2017 Annual/Special All For
1113224 CA00829Q1019 Africa Oil Corp. North America Canada 19/04/2017 Annual Against 4
5
Apparent failure to link pay and appropriate
performance
Insufficient basis to support a decision
1114155 CA0084741085 Agnico Eagle Mines
Limited
North America Canada 28/04/2017 Annual Against 1.7 Concerns about candidate's experience/skills 2-
Concerns about overall board structure
1114155 CA0084741085 Agnico Eagle Mines
Limited
North America Canada 28/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1114164 CA0089118776 Air Canada North America Canada 05/05/2017 Annual Abstain 6
1112646 CA0089161081 Agrium Inc. North America Canada 02/05/2017 Annual All For
1114157 CA00900Q1037 Aimia Inc. North America Canada 11/05/2017 Annual All For
1112013 CA0106791084 Alacer Gold Corp. North America Canada 28/04/2017 Annual/Special Against 4 Apparent failure to link pay and appropriate
performance
1118621 CA0115321089 Alamos Gold Inc. North America Canada 11/05/2017 Annual All For
1122316 CA01163Q4007 Alaris Royalty Corp. North America Canada 09/05/2017 Annual/Special All For
1133597 CA0158571053 Algonquin Power &
Utilities Corp.
North America Canada 08/06/2017 Annual/Special All For
1119076 CA0194561027 Allied Properties
Real Estate
Investment Trust
North America Canada 04/05/2017 Annual All For
1113236 CA0213611001 AltaGas Ltd. North America Canada 26/04/2017 Annual Against No Action Taken 3
1
Apparent failure to link pay and appropriate
performance
1116160 CA02215R1073 Altus Group Limited North America Canada 24/04/2017 Annual/Special All For
1152983 CA02314M1086 Amaya Inc. North America Canada 21/06/2017 Annual/Special Against 3 Concerns to protect shareholder value
1132075 CA04315L1058 Artis Real Estate
Investment Trust
North America Canada 15/06/2017 Annual/Special All For
1129167 CA04341Y1051 Asanko Gold Inc. North America Canada 09/06/2017 Annual/Special Against 4,5 Apparent failure to link pay and appropriate
performance
1113145 CA04682R1073 Athabasca Oil
Corporation
North America Canada 25/04/2017 Annual/Special Against 3 Apparent failure to link pay and appropriate
performance
1127975 CA04878Q8636 Atlantic Power
Corporation
North America Canada 20/06/2017 Annual/Special Against 2 Apparent failure to link pay and appropriate
performance
1117122 CA05277B2093 AutoCanada Inc. North America Canada 05/05/2017 Annual Against 2.2 Concerns about overall performance
1146251 CA05369Q1063 Avigilon
Corporation
North America Canada 29/06/2017 Annual/Special Against 4 Apparent failure to link pay and appropriate
performance
1112887 CA05534B7604 BCE Inc. North America Canada 26/04/2017 Annual All For
1124702 CA05577W2004 BRP Inc. North America Canada 01/06/2017 Annual Against 1.2 ndependent serving as chair of the compensation,
governance and nominating committees Board and
there is no lead director.
1124702 CA05577W2004 BRP Inc. North America Canada 01/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1114432 CA05651W2094 Badger Daylighting
Ltd.
North America Canada 28/04/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1105856 CA0636711016 Bank Of Montreal North America Canada 04/04/2017 Annual/Special All For
1107763 CA0641491075 The Bank of Nova
Scotia
North America Canada 04/04/2017 Annual All For
1111067 CA0679011084 Barrick Gold
Corporation
North America Canada 25/04/2017 Annual All For
1114433 CA07317Q1054 Baytex Energy Corp. North America Canada 04/05/2017 Annual All For
1116547 CA0906971035 Birchcliff Energy Ltd. North America Canada 11/05/2017 Annual/Special Against 4
2.4,2.5
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure Lack of
independent representation at board committees
1113794 CA09076P1045 Bird Construction
Inc.
North America Canada 12/05/2017 Annual/Special Against 3
1.4,1.10
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
1136494 CA09228F1036 BlackBerry Limited North America Canada 21/06/2017 Annual/Special Against 3,5 Apparent failure to link pay and appropriate
performance
1116161 CA0966311064 Boardwalk Real
Estate Investment
Trust
North America Canada 11/05/2017 Annual/Special All For
1114169 CA0977512007 Bombardier Inc. North America Canada 11/05/2017 Annual Against 1.2
4
Concerns about candidate's experience/skills
Shareholder proposal promotes transparency
1116557 CA09784Y1088 Bonavista Energy
Corporation
North America Canada 04/05/2017 Annual All For
1124677 CA0985461049 Bonterra Energy
Corp.
North America Canada 18/05/2017 Annual/Special Against 4 Issue of equity raises concerns about excessive
dilution of existing shareholders. Apparent failure
to link pay & appropriate performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1117302 CA09950M3003 Boralex Inc. North America Canada 04/05/2017 Annual/Special Against 3,4 Apparent failure to link pay and appropriate
performance
1135823 CA1125851040 Brookfield Asset
Management Inc.
North America Canada 16/06/2017 Annual All For
1144010 CA1128231091 Brookfield Canada
Office Properties
North America Canada 28/06/2017 Annual/Special All For
1128970 CA11777Q2099 B2Gold Corp. North America Canada 16/06/2017 Annual All For
1110348 CA1254911003 CI Financial Corp. North America Canada 20/04/2017 Annual/Special All For
1113448 CA1264621006 CT Real Estate
Investment Trust
North America Canada 09/05/2017 Annual All For
1149695 CA13124N1033 Callidus Capital
Corporation
North America Canada 29/06/2017 Annual All For
1112959 CA13321L1085 Cameco
Corporation
North America Canada 11/05/2017 Annual Abstain A
1122563 CA1349211054 Canadian
Apartment
Properties Real
Estate Investment
Trust
North America Canada 24/05/2017 Annual/Special All For
1109043 CA1360691010 Canadian Imperial
Bank Of Commerce
North America Canada 06/04/2017 Annual All For
1111445 CA1363751027 Canadian National
Railway Company
North America Canada 25/04/2017 Annual All For
1111445 CA1363751027 Canadian National
Railway Company
North America Canada 25/04/2017 Annual Against 1.7,1.8
1.11
Fund manager or client vote
Fund manager or client vote
1114410 CA13645T1003 Canadian Pacific
Railway Limited
North America Canada 10/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1119068 CA13650J1049 Canadian Real
Estate Investment
Trust
North America Canada 18/05/2017 Annual/Special All For
1159147 CA1366351098 Canadian Solar Inc. North America Canada 28/06/2017 Annual Against 1.2 Concerns related to approach to board diversity
1132762 CA1366812024 Canadian Tire
Corporation,
Limited
North America Canada 11/05/2017 Annual All For
1113136 CA13710C1077 Canam Group Inc. North America Canada 28/04/2017 Annual All For
1148047 CA13710C1077 Canam Group Inc. North America Canada 13/06/2017 Special All For
1114413 CA1375761048 Canfor Corporation North America Canada 26/04/2017 Annual Against 3 Shareholder proposal promotes transparency
1114415 CA1375842079 Canfor Pulp
Products Inc.
North America Canada 26/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1129150 CA1388731046 Canyon Services
Group Inc.
North America Canada 31/05/2017 Annual/Special All For
1112181 CA14042M1023 Capital Power
Corporation
North America Canada 28/04/2017 Annual All For
1119084 CA1407544099 Cara Operations
Limited
North America Canada 05/05/2017 Annual Against 1.5,1.6 Concerns related to inappropriate membership of
committees
1119085 CA14150G4007 Cardinal Energy Ltd North America Canada 11/05/2017 Annual/Special All For
1114598 CA1469001053 Cascades Inc. North America Canada 10/05/2017 Annual Against 4 Shareholder proposal promotes appropriate
accountability or incentivisation
1111227 CA15101Q1081 Celestica Inc. North America Canada 20/04/2017 Annual All For
1112037 CA15135U1093 Cenovus Energy Inc. North America Canada 26/04/2017 Annual All For
1117305 CA1520061021 Centerra Gold Inc. North America Canada 02/05/2017 Annual/Special All For
1136495 CA15713J1049 CES Energy
Solutions Corp
North America Canada 15/06/2017 Annual/Special Against 5 Apparent failure to link pay and appropriate
performance
1119090 CA16141A1030 Chartwell
Retirement
Residences
North America Canada 24/05/2017 Annual All For
1136496 CA16890P1036 China Gold
International
Resources Corp.
Ltd.
North America Canada 28/06/2017 Annual/Special Against 11,12
7,10
4,6
2.1,2.2,2.3,2.4
2.9
Insufficient basis to support a decision
Insufficient justification for related party transaction
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
Lack of independence on board.
1112038 CA17039A1066 Choice Properties
Real Estate
Investment Trust
North America Canada 25/04/2017 Annual All For
1119700 CA1724541000 Cineplex Inc. North America Canada 17/05/2017 Annual Against 1.10 Concerns related to inappropriate membership of
committees
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127141 CA18538U1066 Clearwater
Seafoods
Incorporated
North America Canada 30/05/2017 Annual Against 1.6,1.8
1.9
Concerns related to inappropriate membership of
committees
Concerns related to inappropriate membership of
committeesConcerns about overall performance
1113612 CA1946931070 Colliers
International Group
Inc.
North America Canada 11/04/2017 Annual All For
1124630 CA1999101001 Cominar Real
Estate Investment
Trust
North America Canada 17/05/2017 Annual All For
1116530 CA21037X1006 Constellation
Software Inc.
North America Canada 28/04/2017 Annual Against 3
1.4
Shareholder proposal promotes transparency
Vote against combined Chair/CEO
1116530 CA21037X1006 Constellation
Software Inc.
North America Canada 28/04/2017 Annual Against 3 Shareholder proposal promotes transparency
1112122 CA22163N1069 Cott Corporation North America Canada 02/05/2017 Annual/Special All For
1124243 CA22576C1014 Crescent Point
Energy Corp.
North America Canada 24/05/2017 Annual All For
1122117 CA2265331074 Crew Energy Inc. North America Canada 18/05/2017 Annual/Special All For
1114170 CA2271071094 Crombie Real
Estate Investment
Trust
North America Canada 11/05/2017 Annual/Special Against 7 Concerns to protect shareholder value
1133082 CA23290R1010 DH Corporation North America Canada 16/05/2017 Special All For
1125331 CA23290R1010 DH Corporation North America Canada 16/05/2017 Special All For
1114172 CA2483561072 Denison Mines
Corp.
North America Canada 03/05/2017 Annual All For
1131132 CA2499061083 The Descartes
Systems Group Inc.
North America Canada 01/06/2017 Annual/Special All For
1119087 CA2506691088 Detour Gold
Corporation
North America Canada 04/05/2017 Annual All For
1117968 CA25490H1064 DIRTT
Environmental
Solutions Ltd.
North America Canada 03/05/2017 Annual/Special All For
1127142 CA25675T1075 Dollarama Inc. North America Canada 07/06/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1138972 CA2572871028 Dominion Diamond
Corporation
North America Canada 13/06/2017 Annual/Special All For
1124606 CA25822C2058 Dorel Industries Inc. North America Canada 25/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1119311 CA26153M2004 Dream Unlimited
Corp.
North America Canada 09/05/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance 2- Performance-related pay/awards
for non-executives
1117138 CA26153P1045 Dream Office Real
Estate Investment
Trust
North America Canada 04/05/2017 Annual Against 1.4 Concerns related to inappropriate membership of
committees
1116549 CA26153W1095 Dream Industrial
Real Estate
Investment Trust
North America Canada 02/05/2017 Annual All For
1116768 CA26154A1066 Dream Global Real
Estate Investment
Trust
North America Canada 03/05/2017 Annual Against 1.5 Overboarded/Too many other time commitments
1124246 CA2649011095 Dundee Corporation North America Canada 05/06/2017 Annual All For
1132810 CA26829L1076 ECN Capital Corp. North America Canada 12/05/2017 Annual All For
1138891 CA27923D1087 EcoSynthetix Inc. North America Canada 20/06/2017 Annual/Special Against 4 Apparent failure to link pay & appropriate
performance; Issue of equity raises concerns about
excessive dilution of existing shareholders
1112480 CA2849021035 Eldorado Gold
Corporation
North America Canada 27/04/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1132086 CA2861812014 Element Fleet
Management Corp.
North America Canada 06/06/2017 Annual Against 4
3
Dilution too high given the company's development
stage
Failure to link pay and appropriate performance
1132086 CA2861812014 Element Fleet
Management Corp.
North America Canada 06/06/2017 Annual All For
1113696 CA2908761018 Emera Incorporated North America Canada 12/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1111473 CA2925051047 Encana Corporation North America Canada 02/05/2017 Annual Against 3 A vote AGAINST this proposal is warranted.
Following three consecutive years of stock price
decline, the compensation committee increased the
CEO's total pay by over 50 percent year-over-year.
In particular, the CEO's equity grant increased
significantly in both share size and value.
1114448 CA29250N1050 Enbridge Inc. North America Canada 11/05/2017 Annual Against 5 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks 2- SH: For shareholder
resolution, against management recommendation /
Shareholder proposal promotes transparency
1114434 CA29251R1055 Enbridge Income
Fund Holdings Inc.
North America Canada 11/05/2017 Annual All For
1114173 CA29258Y1034 Endeavour Silver
Corp.
North America Canada 03/05/2017 Annual All For
1106225 CA29269C2076 Enercare Inc. North America Canada 01/05/2017 Annual/Special All For
1116558 CA29269R1055 Enerflex Ltd. North America Canada 05/05/2017 Annual All For
1116041 CA2927661025 Enerplus
Corporation
North America Canada 05/05/2017 Annual All For
1112642 CA2935701078 Ensign Energy
Services Inc.
North America Canada 05/05/2017 Annual All For
1122115 CA2945051027 Equitable Group Inc. North America Canada 17/05/2017 Annual All For
1119741 CA3012831077 Exchange Income
Corporation
North America Canada 10/05/2017 Annual/Special Abstain A
1122577 CA30224T8639 Extendicare Inc. North America Canada 25/05/2017 Annual All For
1113126 CA3039011026 Fairfax Financial
Holdings Limited
North America Canada 20/04/2017 Annual All For
1113126 CA3039011026 Fairfax Financial
Holdings Limited
North America Canada 20/04/2017 Annual Against 1.10 Vote against combined Chair/CEO
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1133609 CA31660A1030 Fiera Capital
Corporation
North America Canada 15/06/2017 Annual/Special Against 3 Apparent failure to link pay and appropriate
performance
1114074 CA3180714048 Finning
International Inc.
North America Canada 10/05/2017 Annual/Special All For
1119075 CA31943B1004 First Capital Realty
Inc.
North America Canada 30/05/2017 Annual/Special All For
1114599 CA32076V1031 First Majestic Silver
Corp.
North America Canada 25/05/2017 Annual Against 4,5 Apparent failure to link pay and appropriate
performance
1114435 CA33564P1036 First National
Financial
Corporation
North America Canada 03/05/2017 Annual All For
1114600 CA3359341052 First Quantum
Minerals Ltd.
North America Canada 04/05/2017 Annual All For
1114600 CA3359341052 First Quantum
Minerals Ltd.
North America Canada 04/05/2017 Annual Against 2.3 Executive holding more than 2 outside directorships
1114176 CA33767E1034 FirstService
Corporation
North America Canada 12/04/2017 Annual All For
1114418 CA3495531079 Fortis Inc. North America Canada 04/05/2017 Annual/Special All For
1113139 CA3518581051 Franco-Nevada
Corporation
North America Canada 09/05/2017 Annual/Special All For
1116777 CA3565001086 Freehold Royalties
Ltd.
North America Canada 10/05/2017 Annual All For
1128000 CA37252B1022 Genworth MI
Canada Inc.
North America Canada 08/06/2017 Annual All For
1112041 CA3748252069 Gibson Energy Inc. North America Canada 09/05/2017 Annual All For
1111682 CA3759161035 Gildan Activewear
Inc.
North America Canada 04/05/2017 Annual All For
1114056 CA3809564097 Goldcorp Inc. North America Canada 26/04/2017 Annual/Special All For
1154108 CA3874371147 Granite Real Estate
Investment Trust
North America Canada 15/06/2017 Proxy Contest Against No Action Taken 1.4,1.5,1.6,1.7,1.8,2.4,2.5,2.
6,2.7,2.8
1.1,1.2,1.3,1.4,1.5,1.6,1.7,1.
8,2.1,2.2,2.3,2.4,2.5,2.6,2.7,
2.8,3,4,1.9,1.10,1.11
1154108 CA3874371147 Granite Real Estate
Investment Trust
North America Canada 15/06/2017 Proxy Contest Against No Action Taken 1.4,1.5,1.6,1.7,1.8,2.4,2.5,2.
6,2.7,2.8
1.1,1.2,1.3,1.4,1.5,1.6,1.7,1.
8,2.1,2.2,2.3,2.4,2.5,2.6,2.7,
2.8,3,4
1113482 CA3899141020 Great Canadian
Gaming Corporation
North America Canada 09/05/2017 Annual/Special Against 4 Apparent failure to link pay and appropriate
performance
1113231 CA39138C1068 Great-West Lifeco
Inc.
North America Canada 04/05/2017 Annual/Special All For
1119077 CA4035301080 Guyana Goldfields
Inc.
North America Canada 02/05/2017 Annual/Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135828 CA4044282032 H&R Real Estate
Investment Trust
North America Canada 19/06/2017 Annual All For
1117141 CA4296951094 High Liner Foods
Incorporated
North America Canada 10/05/2017 Annual/Special All For
1114444 CA4369131079 Home Capital
Group Inc.
North America Canada 11/05/2017 Annual All For
1148936 CA4369131079 Home Capital
Group Inc.
North America Canada 29/06/2017 Annual All For
1118778 CA4436281022 Hudbay Minerals
Inc.
North America Canada 04/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1134993 CA4442181018 Hudson's Bay
Company
North America Canada 13/06/2017 Annual All For
1115982 CA4480551031 Husky Energy Inc. North America Canada 05/05/2017 Annual All For
1114428 CA4488112083 Hydro One Limited North America Canada 04/05/2017 Annual All For
1113237 CA4495861060 IGM Financial Inc. North America Canada 05/05/2017 Annual Against 1.5
1.4,1.8
1.13,1.14,1.15,1.16
1.2
1.9
Concerns about overall board structure 2- Concerns
related to attendance at board or committee
meetings 3- Concerns related to inappropriate
membership of committees 4- Insufficient/poor
disclosure 5- Lack of independent representation at
board committees
Concerns about overall board structure Concerns
related to inappropriate membership of committees
Insufficient/poor disclosure Lack of independent
representation at board committees
Concerns about overall board structure Concerns
related to inappropriate membership of committees
Insufficient/poor disclosure Lack of independent
representation at board committees
Concerns about overall board structure Concerns
related to inappropriate membership of committees
Insufficient/poor disclosure Lack of independent
representation at board committees 5- Lack of
independent representation at board committees
Concerns related to attendance at board or
committee meetings
1119078 CA4509131088 IAMGOLD
Corporation
North America Canada 10/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1123670 CA45245E1097 IMAX Corporation North America Canada 06/06/2017 Annual Against 3
1.7
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1122321 CA4528921022 Imperial Metals
Corporation
North America Canada 25/05/2017 Annual Against 1.1,1.6 Concerns related to inappropriate membership of
committees
1111080 CA4530384086 Imperial Oil Limited North America Canada 28/04/2017 Annual All For
1111080 CA4530384086 Imperial Oil Limited North America Canada 28/04/2017 Annual Against 2.2 Vote against combined Chair/CEO
1114602 CA4558711038 Industrial Alliance
Insurance and
Financial Services
Inc.
North America Canada 11/05/2017 Annual All For
1119896 CA45790B1040 Innergex
Renewable Energy
Inc.
North America Canada 09/05/2017 Annual/Special All For
1114603 CA45823T1066 Intact Financial
Corporation
North America Canada 03/05/2017 Annual/Special Against 4
3
Concerns about reducing shareholder rights
Concerns about reducing shareholder rights 2-
Concerns to protect shareholder value 3- Poison
pill/anti-takeover measure not in investors interests
1115146 CA45833V1094 Inter Pipeline Ltd. North America Canada 08/05/2017 Annual All For
1113860 CA45868C1095 Interfor Corporation North America Canada 04/05/2017 Annual All For
1141336 CA46071W2058 InterRent Real
Estate Investment
Trust
North America Canada 19/06/2017 Annual All For
1128018 CA4609191032 Intertape Polymer
Group Inc.
North America Canada 07/06/2017 Annual/Special All For
1132087 CA46579R1047 Ivanhoe Mines Ltd. North America Canada 28/06/2017 Annual/Special Against 4,5 Apparent failure to link pay and appropriate
performance
1142070 CA48213W1014 Just Energy Group
Inc.
North America Canada 27/06/2017 Annual Against 4 Insufficient basis to support a decision
1113140 CA4882951060 Kelt Exploration Ltd. North America Canada 19/04/2017 Annual All For
1116168 CA4932711001 Keyera Corp. North America Canada 09/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1116540 CA49410M1023 Killam Apartment
Real Estate
Investment Trust
North America Canada 05/05/2017 Annual All For
1134981 CA49448Q1090 Kinaxis Inc. North America Canada 15/06/2017 Annual/Special Against 3,4 Apparent failure to link pay and appropriate
performance
1114412 CA4969024047 Kinross Gold
Corporation
North America Canada 03/05/2017 Annual All For
1122130 CA49741E1007 Kirkland Lake Gold
Ltd.
North America Canada 04/05/2017 Annual/Special All For
1117310 CA4986961031 Klondex Mines Ltd. North America Canada 04/05/2017 Annual/Special All For
1114604 CA4990531069 Knight Therapeutics
Inc.
North America Canada 09/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1119314 CA5054401073 Labrador Iron Ore
Royalty Corporation
North America Canada 11/05/2017 Annual Against No Action Taken 1.3
1
Overboarded/Too many other time commitments
Inappropriate bundling of election of directors on a
single vote
1113360 CA53278L1076 Linamar
Corporation
North America Canada 16/05/2017 Annual All For
1113610 CA5394811015 Loblaw Companies
Limited
North America Canada 04/05/2017 Annual All For
1115703 CA5414114010 Logistec
Corporation
North America Canada 09/05/2017 Annual All For
1111684 CA54928Q1081 Lucara Diamond
Corp.
North America Canada 11/05/2017 Annual/Special All For
1116519 CA5503721063 Lundin Mining
Corporation
North America Canada 12/05/2017 Annual/Special All For
1128017 CA5527041084 MEG Energy Corp. North America Canada 25/05/2017 Annual/Special Against 1.5 Fund manager or client vote
1128017 CA5527041084 MEG Energy Corp. North America Canada 25/05/2017 Annual/Special All For
1119125 CA55378N1078 MTY Food Group
Inc.
North America Canada 02/05/2017 Annual All For
1113137 CA5589122004 Magellan
Aerospace
Corporation
North America Canada 02/05/2017 Annual All For
1146278 CA55903Q1046 MAG Silver Corp. North America Canada 15/06/2017 Annual/Special All For
1117105 CA5592224011 Magna
International Inc.
North America Canada 11/05/2017 Annual All For
1116551 CA5649051078 Maple Leaf Foods
Inc.
North America Canada 27/04/2017 Annual/Special All For
1111952 CA56501R1064 Manulife Financial
Corporation
North America Canada 04/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1138962 CA5734591046 Martinrea
International Inc.
North America Canada 14/06/2017 Annual All For
1129100 CA5753851099 Masonite
International
Corporation
North America Canada 11/05/2017 Annual All For
1119166 CA58457V5036 Medical Facilities
Corporation
North America Canada 11/05/2017 Annual/Special All For
1111672 CA59151K1084 Methanex
Corporation
North America Canada 27/04/2017 Annual/Special Against 1.9 Concerns - not independent due to 23 years tenure
and is the chair of audit committee.
1111672 CA59151K1084 Methanex
Corporation
North America Canada 27/04/2017 Annual/Special All For
1114747 CA6175771014 Morguard
Corporation
North America Canada 10/05/2017 Annual All For
1115983 CA61767W1041 Morneau Shepell
Inc.
North America Canada 05/05/2017 Annual/Special All For
1114751 CA6179141065 Morguard Real
Estate Investment
Trust
North America Canada 10/05/2017 Annual All For
1114414 CA6252841045 Mullen Group Ltd. North America Canada 03/05/2017 Annual/Special Against 4 Apparent failure to link pay and appropriate
performance
1110624 CA6330671034 National Bank of
Canada
North America Canada 21/04/2017 Annual All For
1116171 CA64156L1013 Nevsun Resources
Ltd.
North America Canada 03/05/2017 Annual/Special Against 5
4
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1113862 CA64438T4019 New Flyer
Industries Inc.
North America Canada 11/05/2017 Annual Against 1.5 Concerns related to inappropriate membership of
committees
1111235 CA6445351068 New Gold Inc. North America Canada 26/04/2017 Annual/Special All For
1131488 CA65500B1031 Nobilis Health Corp. North America Canada 12/06/2017 Annual Against 1.3
1.2,1.4
Concerns related to approach to board
diversityConcerns about overall board structure
Concerns related to inappropriate membership of
committees
1111956 CA65548P4033 Norbord Inc. North America Canada 02/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1139876 CA6632782083 The North West
Company Inc.
North America Canada 14/06/2017 Annual/Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1150730 CA6647841056 Northern Blizzard
Resources Inc.
North America Canada 22/06/2017 Annual/Special Against 4 Apparent failure to link pay & appropriate
performance
1141347 CA66510M2040 Northern Dynasty
Minerals Ltd.
North America Canada 23/06/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance Performance-related pay/awards for
non-executives
1132094 CA6665111002 Northland Power
Inc.
North America Canada 05/06/2017 Annual All For
1118632 CA6671851021 Northview
Apartment Real
Estate Investment
Trust
North America Canada 09/05/2017 Annual/Special All For
1126664 CA6674951059 NorthWest
Healthcare
Properties Real
Estate Investment
Trust
North America Canada 16/05/2017 Annual All For
1113147 CA66987E2069 NOVAGOLD
RESOURCES INC.
North America Canada 05/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1119116 CA67000B1040 Novanta Inc. North America Canada 10/05/2017 Annual All For
1118325 CA67072Q1046 NuVista Energy Ltd. North America Canada 10/05/2017 Annual/Special Against 4 Apparent failure to link pay and appropriate
performance
1142882 CA6752221037 OceanaGold
Corporation
North America Canada 23/06/2017 Annual/Special All For
1116172 CA68272K1030 Onex Corporation North America Canada 11/05/2017 Annual All For
1119081 CA68827L1013 Osisko Gold
Royalties Ltd
North America Canada 04/05/2017 Annual/Special All For
1127146 CA6957791081 Painted Pony
Petroleum Ltd.
North America Canada 11/05/2017 Annual/Special All For
1118634 CA6979001089 Pan American Silver
Corp.
North America Canada 09/05/2017 Annual/Special All For
1113496 CA6993202069 Paramount
Resources Ltd.
North America Canada 10/05/2017 Annual All For
1120750 CA69946Q1046 Parex Resources
Inc.
North America Canada 11/05/2017 Annual/Special All For
1116782 CA70137T1057 Parkland Fuel
Corporation
North America Canada 03/05/2017 Annual/Special All For
1114577 CA7029251088 Pason Systems Inc. North America Canada 03/05/2017 Annual All For
1136502 CA70706P1045 Pengrowth Energy
Corporation
North America Canada 20/06/2017 Annual/Special All For
1132332 CA7078871059 Obsidian Energy Ltd. North America Canada 26/06/2017 Annual/Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1116783 CA7170461064 Peyto Exploration
& Development
Corp.
North America Canada 11/05/2017 Annual All For
1111447 CA73755L1076 Potash Corporation
of Saskatchewan
Inc.
North America Canada 09/05/2017 Annual All For
1114059 CA7392391016 Power Corporation
of Canada
North America Canada 12/05/2017 Annual Against No Action Taken 1.1
4
3
1.4
1
Concerns related to attendance at board or
committee meetings
Shareholder proposal promotes appropriate
accountability
Shareholder proposal promotes transparency
Vote against combined Chair/CEO
Inappropriate bundling of election of directors on a
single vote
1114059 CA7392391016 Power Corporation
of Canada
North America Canada 12/05/2017 Annual Against No Action Taken 1.1
4
3
1
Concerns related to attendance at board or
committee meetings
Shareholder proposal promotes appropriate
accountability
Shareholder proposal promotes transparency
Inappropriate bundling of election of directors on a
single vote
1113241 CA7397211086 PrairieSky Royalty
Ltd.
North America Canada 25/04/2017 Annual/Special All For
1121319 CA74022D3085 Precision Drilling
Corporation
North America Canada 17/05/2017 Annual/Special Against 3 Apparent failure to link pay and appropriate
performance
1138901 CA74051D1042 Premier Gold
Mines Limited
North America Canada 22/06/2017 Annual All For
1118781 CA74061A1084 Premium Brands
Holdings
Corporation
North America Canada 12/05/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1120142 CA74139C1023 Pretium Resources
Inc.
North America Canada 12/05/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1113452 CA74164W1068 Primero Mining
Corp.
North America Canada 13/06/2017 Annual/Special Against 3 Apparent failure to link pay and appropriate
performance
1114417 CA74342Q1046 ProMetic Life
Sciences Inc.
North America Canada 10/05/2017 Annual/Special Against 3
1.6
Apparent failure to link pay and appropriate
performance
Concerns related to attendance at board or
committee meetings
1117124 CA74623T1084 Pure Industrial Real
Estate Trust
North America Canada 10/05/2017 Annual/Special All For
1135487 CA7481932084 Quebecor Inc. North America Canada 11/05/2017 Annual All For
1119124 CA7506491058 Raging River
Exploration Inc.
North America Canada 09/05/2017 Annual All For
1123249 CA76131D1033 Restaurant Brands
International Inc.
North America Canada 05/06/2017 Annual/Special Against 2
4
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes transparency
1119092 CA76547T1066 Richmont Mines Inc. North America Canada 04/05/2017 Annual/Special Against 4 Apparent failure to link pay and appropriate
performance
1124370 CA7669101031 RioCan Real Estate
Investment Trust
North America Canada 08/06/2017 Annual All For
1114585 CA7677441056 RITCHIE BROS.
AUCTIONEERS
INCORPORATED
North America Canada 01/05/2017 Annual/Special All For
1108599 CA7800871021 Royal Bank of
Canada
North America Canada 06/04/2017 Annual Against 8 A vote FOR this proposal is warranted as adoption of
a properly structured proxy access mechanism will
enhance shareholder rights while providing
necessary safeguards to the nomination process.
1114179 CA7819036046 Russel Metals Inc. North America Canada 03/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1114057 CA78460T1057 SNC-Lavalin Group
Inc.
North America Canada 04/05/2017 Annual All For
1124252 CA80013R2063 Sandstorm Gold Ltd. North America Canada 02/06/2017 Annual Against 4 Insufficient basis to support a decision
1111091 CA8002131008 Sandvine
Corporation
North America Canada 06/04/2017 Annual All For
1135580 CA8119161054 Seabridge Gold Inc. North America Canada 27/06/2017 Annual Against 6
5
Insufficient basis to support a decision
Performance-related pay/awards for non-executives
1116785 CA81373C1023 Secure Energy
Services Inc.
North America Canada 03/05/2017 Annual All For
1116468 CA8169221089 SEMAFO Inc. North America Canada 04/05/2017 Annual All For
1114586 CA81783Q1054 Seven Generations
Energy Ltd.
North America Canada 04/05/2017 Annual/Special All For
1118783 CA8204391079 ShawCor Ltd. North America Canada 09/05/2017 Annual All For
1132338 CA82509L1076 Shopify Inc. North America Canada 07/06/2017 Annual All For
1124676 CA82621K1021 Sienna Senior Living
Inc.
North America Canada 23/05/2017 Annual All For
1124663 CA8265161064 Sierra Wireless, Inc. North America Canada 18/05/2017 Annual Against 3,4 Apparent failure to link pay and appropriate
performance
1115706 CA82823L1067 Silver Standard
Resources Inc.
North America Canada 04/05/2017 Annual/Special All For
1119071 CA83125J1049 Sleep Country
Canada Holdings
Inc.
North America Canada 12/05/2017 Annual All For
1124708 CA83179X1087 Smart Real Estate
Investment Trust
North America Canada 11/05/2017 Annual/Special All For
1138279 CA8467856081 Spartan Energy
Corp.
North America Canada 20/06/2017 Annual/Special Against 4
2c
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
1117128 CA8485101031 Spin Master Corp. North America Canada 12/05/2017 Annual Against 1.2
1.3,1.8
Concerns related to inappropriate membership of
committees Lack of independence on board
Lack of independence on board
1116562 CA8520661098 Sprott Inc. North America Canada 10/05/2017 Annual/Special Against 4,5 Concerns to protect shareholder value
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1114590 CA85472N1096 Stantec Inc. North America Canada 11/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1114424 CA85853F1053 Stella-Jones Inc. North America Canada 04/05/2017 Annual/Special All For
1118785 CA86222Q8065 Stornoway
Diamond
Corporation
North America Canada 09/05/2017 Annual Against 3,4
5
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1114442 CA8667961053 Sun Life Financial
Inc.
North America Canada 10/05/2017 Annual All For
1112916 CA8672241079 Suncor Energy Inc. North America Canada 27/04/2017 Annual All For
1112913 CA86828P1036 Superior Plus Corp. North America Canada 02/05/2017 Annual All For
1119772 CA86880Y1097 Surge Energy Inc. North America Canada 16/05/2017 Annual/Special All For
1114060 CA87241L1094 TFI International
Inc.
North America Canada 26/04/2017 Annual Against 1.5 Concerns about overall performance
1114064 CA87262K1057 TMX Group Limited North America Canada 10/05/2017 Annual/Special All For
1112188 CA8738681037 Tahoe Resources
Inc.
North America Canada 03/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1110213 CA8787422044 Teck Resources
Limited
North America Canada 26/04/2017 Annual All For
1112965 CA87971M1032 TELUS Corporation North America Canada 11/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1119083 CA8807972044 Teranga Gold
Corporation
North America Canada 02/05/2017 Annual/Special Against 3 Apparent failure to link pay and appropriate
performance
1116574 CA88157K1012 Tesco Corporation North America Canada 16/05/2017 Annual All For
1108799 CA8849031056 Thomson Reuters
Corporation
North America Canada 03/05/2017 Annual/Special Against 4 Apparent failure to link pay and appropriate
performance
1117152 CA88709B1040 Timbercreek
Financial Corp.
North America Canada 04/05/2017 Annual All For
1118786 CA8908953034 TORC Oil & Gas Ltd. North America Canada 09/05/2017 Annual All For
1136507 CA8910546032 Torex Gold
Resources Inc.
North America Canada 21/06/2017 Annual/Special All For
1114180 CA8911021050 Toromont
Industries Ltd.
North America Canada 27/04/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1146295 CA89154B1022 Total Energy
Services Inc.
North America Canada 27/06/2017 Annual/Special Against 3 Apparent failure to link pay and appropriate
performance
1131500 CA89156V1067 Tourmaline Oil
Corp.
North America Canada 07/06/2017 Annual/Special Against 5 Apparent failure to link pay and appropriate
performance
1115886 CA8934631091 TransAlta
Renewables Inc.
North America Canada 04/05/2017 Annual All For
1112966 CA89346D1078 TransAlta
Corporation
North America Canada 20/04/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1125504 CA89353D1078 TransCanada
Corporation
North America Canada 05/05/2017 Annual All For
1117140 CA8959451037 Trican Well Service
Ltd.
North America Canada 31/05/2017 Annual/Special All For
1121357 CA89612W1023 Tricon Capital
Group Inc.
North America Canada 24/05/2017 Annual/Special Against 3,4 Apparent failure to link pay and appropriate
performance
1118788 CA89620H1055 Trilogy Energy Corp. North America Canada 09/05/2017 Annual All For
1126494 CA8963561029 Trinidad Drilling Ltd. North America Canada 10/05/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1118583 CA9004351081 Turquoise Hill
Resources Ltd.
North America Canada 12/05/2017 Annual All For
1119126 CA90457D1006 Uni-Select Inc. North America Canada 04/05/2017 Annual All For
1139880 CA9170171057 Uranium
Participation
Corporation
North America Canada 29/06/2017 Annual/Special All For
1117325 CA91911K1021 Valeant
Pharmaceuticals
International, Inc.
North America Canada 02/05/2017 Annual Against 2 Apparent failure to link pay & appropriate
performance
1113797 CA92340R1064 Veresen Inc. North America Canada 03/05/2017 Annual All For
1112889 CA9237251058 Vermilion Energy
Inc.
North America Canada 28/04/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1122102 CA92937G1090 WPT Industrial Real
Estate Investment
Trust
North America Canada 11/05/2017 Annual All For
1122791 CA92938W2022 WSP Global Inc. North America Canada 10/05/2017 Annual All For
1111477 CA9307831052 Wajax Corporation North America Canada 02/05/2017 Annual All For
1115980 CA94106B1013 Waste
Connections, Inc.
North America USA 23/05/2017 Annual/Special All For
1119322 CA9582112038 Western Forest
Products Inc.
North America Canada 04/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1117974 CA9604105044 WestJet Airlines Ltd. North America Canada 02/05/2017 Annual Abstain 6
1113609 CA9611485090 George Weston
Limited
North America Canada 09/05/2017 Annual All For
1119915 CA96145A2002 Westshore
Terminals
Investment
Corporation
North America Canada 20/06/2017 Annual All For
1116012 CA9628791027 Wheaton Precious
Metals Corp.
North America Canada 10/05/2017 Annual/Special All For
1114588 CA96467A2002 Whitecap
Resources Inc.
North America Canada 28/04/2017 Annual All For
1116786 CA97535P1045 Winpak Ltd. North America Canada 27/04/2017 Annual Against 1.1,1.2,1.5,1.7 Concerns related to inappropriate membership of
committees
1116788 CA98462Y1007 Yamana Gold Inc. North America Canada 04/05/2017 Annual All For
1114589 CA9855721069 Yellow Pages
Limited
North America Canada 10/05/2017 Annual All For
1106405 CH0000587979 Sika AG Europe Switzerland 11/04/2017 Annual Against 4.3.2
3.1.1,3.1.4,3.1.8
4.1.4,4.1.8
4.1.2
Concerns related to inappropriate membership of
committees
Concerns to protect shareholder value
Fund manager or client vote
Fund manager or client vote
1106405 CH0000587979 Sika AG Europe Switzerland 11/04/2017 Annual Against 4.3.2,4.3.3
3.1.1,3.1.4,3.1.8
Concerns related to inappropriate membership of
committees
Concerns to protect shareholder value
1107664 CH0000816824 OC Oerlikon
Corporation AG
Europe Switzerland 11/04/2017 Annual Against 9,10
11
4.1.3,4.1.4,5.1.1,5.1.2
: Apparent failure to link pay & appropriate
performance
Insufficient/poor disclosure
Lack of independent representation at board
committees
1105923 CH0001503199 Belimo Holding AG Europe Switzerland 03/04/2017 Annual Against 7 Insufficient/poor disclosure
1106604 CH0001752309 Georg Fischer AG Europe Switzerland 19/04/2017 Annual Against 1.2
10
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1106125 CH0002168083 Panalpina
Welttransport
(Holding) AG
Europe Switzerland 03/05/2017 Annual Abstain Against 10
5.3
5.2
9.1,9.2,9.3,9.4
Insufficient basis to support a decision
Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
Insufficient basis to support a decision
1143688 CH0002187810 Phoenix Mecano AG Europe Switzerland 19/05/2017 Annual Against 5.2
6
Apparent failure to link pay & appropriate
performance
Insufficient/poor disclosure
1106114 CH0002432174 Bucher Industries
AG
Europe Switzerland 19/04/2017 Annual Against 4.1a,4.1b,4.1c,4.1d
6
4.2a,4.2b
Concerns about overall board structure 2- Lack of
independence on board
Insufficient basis to support a decision
Lack of independent representation at board
committees
1106158 CH0003541510 Forbo Holding AG Europe Switzerland 06/04/2017 Annual Against 6.1
8.1,8.3
3
11
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
Concerns to protect shareholder value
Insufficient/poor disclosure
1106608 CH0003671440 Rieter Holding AG Europe Switzerland 05/04/2017 Annual Against 7.1
10
5.1,5.8
Concerns related to inappropriate membership of
committees
Insufficient basis to support a decision
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1107663 CH0005795668 Schmolz +
Bickenbach AG
Europe Switzerland 08/05/2017 Annual Against 2
5.1.3,5.1.4,5.1.5,5.1.7
5.1.1
7
5.2.2
5.2.1
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure 2- Lack of
independence on board
Concerns about overall board structure 2- Lack of
independence on board
Insufficient basis to support a decision
Lack of independent representation at board
committees
Lack of independent representation at board
committees
1106118 CH0006372897 Interroll Holding AG Europe Switzerland 12/05/2017 Annual Against 4.2
6.2
9
5.2,5.3,5.4,5.5,5.6
Apparent failure to link pay & appropriate
performance
Concerns related to inappropriate membership of
committees
Insufficient/poor disclosure
Lack of independence on board
1111440 CH0008012236 Gurit Holding AG Europe Switzerland 12/04/2017 Annual Against 6
5.3.2
10
5.2.3
Apparent failure to link pay and appropriate
performanceInsufficient/poor disclosure
Concerns related to inappropriate membership of
committees
Insufficient basis to support a decision
Overboarded
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1106850 CH0008038389 Swiss Prime Site AG Europe Switzerland 11/04/2017 Annual Against 6.2
7.3.3
8
7.1.3,7.1.4,7.1.5,7.1.6,7.1.7,
7.2
Apparent failure to link pay & appropriate
performance
Concerns related to inappropriate membership of
committees
Insufficient basis to support a decision
Lack of independence on board
1105805 CH0008742519 Swisscom AG Europe Switzerland 03/04/2017 Annual Against 9 Insufficient basis to support a decision
1126415 CH0008837566 Allreal Holding AG Europe Switzerland 21/04/2017 Annual Against 6.1
5.2
5.3a,5.3b
7.1
8
5.1a,5.1b,5.1d
5.1c,5.1f
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Concerns related to inappropriate membership of
committees
Concerns to protect shareholder value
Insufficient/poor disclosure
Lack of independence on board
Lack of independence on boardLack of independent
representation at board committees
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1106141 CH0009320091 Feintool
International
Holding AG
Europe Switzerland 25/04/2017 Annual Against 4b
4a
6
5a2,5a3,5a4,5a6
5b
5a1
5c1,5c2
Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
Concerns related to potential conflict of interests 2-
Lack of independence on board
Insufficient basis to support a decision
Lack of independence on board
Lack of independence on board 3- Non-independent
Chairman 4- Overboarded/Too many other time
commitments
Lack of independence on board Lack of
independent representation at board committees
Overboarded/Too many other time commitments
Lack of independent representation at board
committees
1140978 CH0009691608 Berner
Kantonalbank AG
Europe Switzerland 16/05/2017 Annual Against 5.1
6
Apparent failure to link pay & appropriate
performance
Insufficient/poor disclosure
1115561 CH0010532478 Actelion Ltd. Europe Switzerland 05/04/2017 Annual Against 10 Insufficient basis to support a decision
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1106120 CH0010570759 Lindt & Spruengli
AG
Europe Switzerland 20/04/2017 Annual Against 9.1
5.2,5.3,5.5
5.1
10
6.2
6.1
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure 2- Lack of
independence on board
Concerns about overall board structure 2- Lack of
independence on board
Insufficient basis to support a decision
Lack of independent representation at board
committees
Lack of independent representation at board
committees
1110838 CH0010702154 Komax Holding AG Europe Switzerland 12/05/2017 Annual Against 5.1
4.3.1,4.3.2
6
Apparent failure to link pay and appropriate
performanceInsufficient/poor disclosure
Concerns related to inappropriate membership of
committees
Insufficient/poor disclosure
1109731 CH0011029946 INFICON Holding AG Europe Switzerland 11/04/2017 Annual Against 7
4.4,4.7
4.3,4.8
10
4.2
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Concerns related to inappropriate membership of
committees
Insufficient basis to support a decision
Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1141625 CH0011037469 Syngenta AG Europe Switzerland 26/06/2017 Annual Against 6.3
6.2
11
Concerns related to inappropriate membership of
committees
Concerns related to inappropriate membership of
committees
Insufficient/poor disclosure
1105305 CH0011339204 Ascom Holding AG Europe Switzerland 19/04/2017 Annual Against 3
8
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
1108842 CH0011484067 St. Galler
Kantonalbank
Europe Switzerland 03/05/2017 Annual Against 9 Insufficient/poor disclosure
1109217 CH0012100191 Tecan Group AG Europe Switzerland 11/04/2017 Annual Against 6 Insufficient basis to support a decision
1108253 CH0012138530 Credit Suisse Group
AG
Europe Switzerland 28/04/2017 Annual Against 4.2a
1.2
7.1,7.2
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
Insufficient/poor disclosure
1144357 CH0012138530 Credit Suisse Group
AG
Europe Switzerland 18/05/2017 Special Against 2,3 Insufficient/poor disclosure
1126407 CH0012138605 Adecco Group AG Europe Switzerland 20/04/2017 Annual Against 7
9
Concerns about overall board structure
Insufficient/poor disclosure
1110595 CH0012214059 LafargeHolcim Ltd. Europe Switzerland 03/05/2017 Annual Against 1.2
4.1a
2
6
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure; Concerns
related to approach to board diversity
Concerns to protect shareholder value
Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1106847 CH0012221716 ABB Ltd. Europe Switzerland 13/04/2017 Annual Against 2
3
12
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Insufficient/poor disclosure
1147563 CH0012255151 Swatch Group AG Europe Switzerland 23/05/2017 Annual Against 4.3
4.4
6.1,6.2,6.3,6.4,6.5
5.1
9
5.7
5.2,5.3,5.5
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committee Lack of independent representation at
board committees
Concerns related to inappropriate membership of
committeesLack of independent representation at
board committeesLack of independence on board
Insufficient/poor disclosure
Lack of independence on board
Lack of independent representation at board
committeesLack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1108403 CH0012255151 Swatch Group AG Europe Switzerland 23/05/2017 Annual Against 4.3
4.4
6.1,6.2,6.3,6.4,6.5
9
5.7
5.1
5.2,5.3,5.5
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committee Lack of independent representation at
board committees
Insufficient/poor disclosure
Lack of independence on board
Lack of independence on boardLack of independent
representation at board committeesConcerns
related to inappropriate membership of committees
Lack of independent representation at board
committeesLack of independence on board
1106603 CH0012271687 Helvetia Holding AG Europe Switzerland 28/04/2017 Annual Against 8
5.3
Insufficient/poor disclosure
Performance-related pay/awards for non-executives
1109348 CH0012280076 Straumann Holding
AG
Europe Switzerland 07/04/2017 Annual Against 1.2
10
Apparent failure to link pay & appropriate
performance
Insufficient basis to support a decision
1108649 CH0012335540 Vontobel Holding
AG
Europe Switzerland 04/04/2017 Annual Against 7.2,7.5,7.6,7.7
7.1
8
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay and appropriate
performance
Insufficient basis to support a decision
1105922 CH0012410517 Baloise Holding Europe Switzerland 28/04/2017 Annual Against 7 Insufficient/poor disclosure
1108399 CH0012453913 Temenos Group AG Europe Switzerland 10/05/2017 Annual Against 11 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1126417 CH0012530207 Bachem Holding AG Europe Switzerland 24/04/2017 Annual Against 7
9
Concerns related to Non-audit fees
Insufficient/poor disclosure
1111024 CH0012549785 Sonova Holding AG Europe Switzerland 13/06/2017 Annual Against 7 Insufficient/poor disclosure
1109579 CH0012684657 Bobst Group SA Europe Switzerland 06/04/2017 Annual Against 9 Insufficient/poor disclosure
1126428 CH0013841017 Lonza Group Ltd. Europe Switzerland 25/04/2017 Annual Against 13 Insufficient/poor disclosure
1126414 CH0014284498 Siegfried Holding
AG
Europe Switzerland 20/04/2017 Annual Against 4.2.1
8
Apparent failure to link pay & appropriate
performance
Insufficient basis to support a decision
1106611 CH0014786500 Valiant Holding AG Europe Switzerland 18/05/2017 Annual Against 10 Insufficient/poor disclosure
1126426 CH0014852781 Swiss Life Holding Europe Switzerland 25/04/2017 Annual Against 8 Insufficient/poor disclosure
1109730 CH0015251710 Banque Cantonale
Vaudoise
Europe Switzerland 27/04/2017 Annual Against 9 Insufficient/poor disclosure
1106142 CH0018294154 PSP Swiss Property
AG
Europe Switzerland 05/04/2017 Annual Against 12 Insufficient basis to support a decision
1111029 CH0019107025 APG SGA SA Europe Switzerland 23/05/2017 Annual Against 6,7.2
13
5.1,5.3,5.4,5.5
Concerns about overall board structure
Insufficient/poor disclosure
Lack of independence on board
1149788 CH0019396990 Ypsomed Holding
AG
Europe Switzerland 28/06/2017 Annual Against 4c
6
4b
Apparent failure to link pay & appropriate
performance
Insufficient/poor disclosure
Performance-related pay/awards for non-executives
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1107665 CH0021783391 Pargesa Holding SA Europe Switzerland 04/05/2017 Annual Against 5.2
4.2
4.3.3,4.3.4
6
4.1b,4.1c,4.1d,4.1e,4.1f,4.1g
,4.1h,4.1i,4.1l,4.1m,4.1o
5.1
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure
Concerns related to inappropriate membership of
committees
Insufficient/poor disclosure
Lack of independence on board
Performance-related pay/awards for non-executives
1108402 CH0023405456 Dufry AG Europe Switzerland 27/04/2017 Annual Against 9 Insufficient/poor disclosure
1106178 CH0024608827 Partners Group
Holding
Europe Switzerland 10/05/2017 Annual Against 3,5.1,5.2
6.1f,6.2.2
7
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Concerns related to inappropriate membership of
committees
Insufficient/poor disclosure
1115761 CH0024666528 Hochdorf Holding
AG
Europe Switzerland 05/05/2017 Annual Against 8
4.2
Insufficient/poor disclosure
Performance-related pay/awards for non-executives
1106612 CH0025238863 Kuehne & Nagel
International AG
Europe Switzerland 09/05/2017 Annual Against 5.3
4.3a,4.3b,4.3c
5.1,6
Apparent failure to link pay & appropriate
performance
Concerns related to inappropriate membership of
committees
Insufficient/poor disclosure
1107670 CH0028200837 VZ Holding AG Europe Switzerland 06/04/2017 Annual Against 8 Insufficient basis to support a decision
1106605 CH0030170408 Geberit AG Europe Switzerland 05/04/2017 Annual Against 8 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1106606 CH0030380734 Huber+Suhner AG Europe Switzerland 05/04/2017 Annual Against 6.4
5.1
9
4.1
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
Insufficient/poor disclosure
Overboarded/Too many other time commitments
1110347 CH0034389707 Alpiq Holding AG Europe Switzerland 18/05/2017 Annual Against 8 Insufficient/poor disclosure
1107675 CH0038388911 Sulzer AG Europe Switzerland 06/04/2017 Annual Against 1.2
9
Apparent failure to link pay and appropriate
performance
Insufficient basis to support a decision
1106175 CH0038863350 Nestle SA Europe Switzerland 06/04/2017 Annual All For
1110552 CH0039821084 Metall Zug AG Europe Switzerland 05/05/2017 Annual Against 5.2
1.2
7
8
4.1.4
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Insufficient/poor disclosure
Overboarded/Too many other time commitments
1134392 CH0044328745 Chubb Limited Europe Switzerland 18/05/2017 Annual Against 13 Insufficient basis to support a decision
1134392 CH0044328745 Chubb Limited Europe Switzerland 18/05/2017 Annual Against 13
5.1
Insufficient basis to support a decision
Vote against combined Chair/CEO
1124308 CH0048265513 Transocean Ltd. Europe Switzerland 11/05/2017 Annual Against 2
12
Concerns to protect shareholder value
Insufficient basis to support a decision
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1126413 CH0100837282 Kardex AG Europe Switzerland 20/04/2017 Annual Against 6.1
5.2
5.3.1,5.3.3
7
5.1.1,5.1.4
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure
Concerns related to inappropriate membership of
committees
Insufficient disclosure
Lack of independent representation at board
committees
1106128 CH0102484968 Julius Baer Gruppe
AG
Europe Switzerland 12/04/2017 Annual Against 8 Insufficient/poor disclosure
1126947 CH0108503795 Meyer Burger
Technology AG
Europe Switzerland 27/04/2017 Annual Against 4.2.2,4.2.3
1.2,9
4.1.4
Concerns related to inappropriate membership of
committees
Insufficient/poor disclosure
Overboarded/Too many other time commitments
1106407 CH0110240600 Arbonia AG Europe Switzerland 28/04/2017 Annual Against 6 Insufficient/poor disclosure
1142598 CH0114405324 Garmin Ltd. Europe Switzerland 09/06/2017 Annual Against 12 Apparent failure to link pay and appropriate
performance
1154137 CH0121032772 Allied World
Assurance
Company Holdings,
AG
Europe Switzerland 21/06/2017 Annual Against 5
12
Apparent failure to link pay & appropriate
performance
Insufficient basis to support a decision
1106143 CH0126639464 Calida Holding AG Europe Switzerland 09/05/2017 Annual Against 3.3
10
Apparent failure to link pay & appropriate
performance
Insufficient/poor disclosure
1107666 CH0126881561 Swiss Reinsurance
(Schweizerische
Rueckversicherungs
)
Europe Switzerland 21/04/2017 Annual Against 10 Insufficient basis to support a decision
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1110594 CH0130293662 BKW AG Europe Switzerland 12/05/2017 Annual Against 5b
2
6c1,6c2
7
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
Insufficient/poor disclosure
1124525 CH0198251305 Coca-Cola HBC AG Europe Switzerland 20/06/2017 Annual Against 7,8,9 Apparent failure to link pay and appropriate
performance
1126439 CH0225173167 Cembra Money
Bank AG
Europe Switzerland 26/04/2017 Annual Against 8 Insufficient/poor disclosure
1105938 CH0238627142 Bossard Holding AG Europe Switzerland 10/04/2017 Annual Against 2.2
7
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
1106412 CH0244767585 UBS GROUP AG Europe Switzerland 04/05/2017 Annual Against 9 Insufficient/poor disclosure
1138484 CH0256424794 Oriflame Holding
AG
Europe Switzerland 09/05/2017 Annual Against 6.2
6.3.1
9
8
6.1.5,6.1.6
6.1.4,6.1.8
Concerns about overall board structure
Concerns related to inappropriate membership of
committees
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
Lack of independence on boardLack of independent
representation at board committees
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1107671 CH0267291224 Sunrise
Communications
Group AG
Europe Switzerland 11/04/2017 Annual Against 9
8.1
4.2.3
4.1.6
Insufficient basis to support a decision
Insufficient disclosure
Lack of independent representation at board
committees
Overboarded
1141888 CH0311864901 VAT Group AG Europe Switzerland 17/05/2017 Annual Against 6
4.2.2,4.2.3
9
Concerns related to Non-audit fees
Concerns related to inappropriate membership of
committees
Insufficient/poor disclosure
1115123 CH0315966322 Bell Food Group AG Europe Switzerland 11/04/2017 Annual Against 10 Insufficient/poor disclosure
1107713 CH0319416936 Flughafen Zuerich
AG
Europe Switzerland 20/04/2017 Annual Against 8.2
8.3.1,8.3.3,8.3.4
9
8.1.2
8.1.3
Concerns about overall board structure
Concerns related to inappropriate membership of
committees
Insufficient/poor disclosure
Lack of independence on board
Lack of independent representation at board
committees
1106116 CH0364749348 Vifor Pharma AG Europe Switzerland 11/05/2017 Annual Against 8 Insufficient/poor disclosure
1135526 CL0000000035 Aguas Andinas S.A. Emerging Markets Chile 24/04/2017 Annual Against 12 Insufficient/poor disclosure
1133666 CL0000000100 Cencosud S.A. Emerging Markets Chile 28/04/2017 Annual Against l Insufficient/poor disclosure
1132067 CL0000000100 Cencosud S.A. Emerging Markets Chile 28/04/2017 Annual Against l Insufficient/poor disclosure
1137235 CL0000000423 LATAM Airlines
Group S.A.
Emerging Markets Chile 27/04/2017 Annual Against 3 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1138926 CL0000000423 LATAM Airlines
Group S.A.
Emerging Markets Chile 27/04/2017 Annual/Special Against 3 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1138947 CL0000000423 LATAM Airlines
Group S.A.
Emerging Markets Chile 27/04/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1131027 CL0000001256 Inversiones Aguas
Metropolitanas S.A.
Emerging Markets Chile 27/04/2017 Annual Against 13
8
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1135200 CL0000001314 Empresas CMPC
S.A.
Emerging Markets Chile 28/04/2017 Annual Against g Insufficient/poor disclosure
1125891 CL0000001934 Sonda S.A. Emerging Markets Chile 21/04/2017 Annual Against 9
3
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1131997 CL0000006750 Empresas Hites S.A. Emerging Markets Chile 28/04/2017 Annual Against 11 Insufficient/poor disclosure
1130508 CL0001583070 Engie Energia Chile
S.A.
Emerging Markets Chile 25/04/2017 Annual Against 10 Insufficient/poor disclosure
1131161 CL0001880955 AES Gener S.A. Emerging Markets Chile 26/04/2017 Annual Against 9
3
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1128965 CL0001892547 Inversiones La
Construccion S.A.
Emerging Markets Chile 27/04/2017 Annual Against k Insufficient/poor disclosure
1124184 CL0002266774 Enel Chile S.A. Emerging Markets Chile 26/04/2017 Annual Against 13 Insufficient/poor disclosure
1132078 CL0002266774 Enel Chile S.A. Emerging Markets Chile 26/04/2017 Annual Against 13 Insufficient/poor disclosure
1127746 CLP009331040 Administradora de
Fondos de
Pensiones Habitat
S.A.
Emerging Markets Chile 20/04/2017 Annual Against 9
6
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1137287 CLP0362E1386 AntarChile S.A. Emerging Markets Chile 28/04/2017 Annual Against g
b
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1126418 CLP1506A1070 Banco Santander
Chile
Emerging Markets Chile 26/04/2017 Annual All For
1124714 CLP1506A1070 Banco Santander
Chile
Emerging Markets Chile 26/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1125962 CLP249051044 Compania
Cervecerias Unidas
S.A.
Emerging Markets Chile 12/04/2017 Annual All For
1123731 CLP249051044 Compania
Cervecerias Unidas
S.A.
Emerging Markets Chile 12/04/2017 Annual All For
1119775 CLP256251073 CAP S.A. Emerging Markets Chile 18/04/2017 Annual Against 3,9 Insufficient/poor disclosure
1137258 CLP3064M1019 Compania Sud
Americana de
Vapores S.A.
Emerging Markets Chile 26/04/2017 Annual Against 8 Insufficient/poor disclosure
1159646 CLP321331116 Banco de Credito e
Inversiones (BCI)
Emerging Markets Chile 29/06/2017 Special Against d Insufficient/poor disclosure
1130510 CLP3615W1037 Colbun S.A. Emerging Markets Chile 27/04/2017 Annual Against 14
8
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1118223 CLP3697S1034 Embotelladora
Andina S.A.
Emerging Markets Chile 26/04/2017 Annual Against 10
4
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1118739 CLP3697S1034 Embotelladora
Andina S.A.
Emerging Markets Chile 26/04/2017 Annual Against 10
4
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1124171 CLP3710M1090 Enel Generacion
Chile S.A.
Emerging Markets Chile 25/04/2017 Annual Against 13 Insufficient/poor disclosure
1132062 CLP3710M1090 Enel Generacion
Chile S.A.
Emerging Markets Chile 25/04/2017 Annual/Special Against 13 Insufficient/poor disclosure
1127968 CLP3710M1090 Enel Generacion
Chile S.A.
Emerging Markets Chile 25/04/2017 Special All For
1127991 CLP3710P1022 Enaex S.A. Emerging Markets Chile 20/04/2017 Annual Against 14
4
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1133618 CLP371151059 Empresa Nacional
de
Telecomunicaciones
S.A. ENTEL
Emerging Markets Chile 27/04/2017 Annual Against 12 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1133617 CLP371151059 Empresa Nacional
de
Telecomunicaciones
S.A. ENTEL
Emerging Markets Chile 27/04/2017 Special Against 8 Concerns about overall board structure
1124188 CLP371861061 Enel Americas S.A. Emerging Markets Chile 27/04/2017 Annual Against 13 Insufficient/poor disclosure
1132065 CLP371861061 Enel Americas S.A. Emerging Markets Chile 27/04/2017 Annual/Special Against 13 Insufficient/poor disclosure
1128044 CLP371861061 Enel Americas S.A. Emerging Markets Chile 27/04/2017 Special All For
1130459 CLP3880F1085 S.A.C.I. Falabella Emerging Markets Chile 25/04/2017 Annual Against d Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1118895 CLP763281068 Parque Arauco S.A. Emerging Markets Chile 06/04/2017 Annual All For
1133613 CLP7847L1080 Empresas Copec
S.A.
Emerging Markets Chile 26/04/2017 Annual All For
1135238 CLP7980K1070 Quinenco S.A. Emerging Markets Chile 28/04/2017 Annual Against 11
4
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1132054 CLP8716X1082 Sociedad Quimica y
Minera de Chile
S.A. SQM
Emerging Markets Chile 28/04/2017 Annual Against 13
14
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1128849 CLP8716X1082 Sociedad Quimica y
Minera de Chile
S.A. SQM
Emerging Markets Chile 28/04/2017 Annual Against 13
14
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1122583 CLP9796J1008 Vina Concha y Toro
S.A.
Emerging Markets Chile 24/04/2017 Annual Against 9
3
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1150515 CNE0000000T2 China Vanke Co.,
Ltd.
Emerging Markets China 30/06/2017 Annual All For
1121181 CNE000000230 Fuyao Glass
Industry Group Co.,
Ltd.
Emerging Markets China 26/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1131239 CNE000000511 Dazhong
Transportation
(Group) Co. Ltd.
Emerging Markets China 28/04/2017 Annual Against 6 Concerns to protect shareholder value 2-
Insufficient basis to support a decision
1151763 CNE000000537 Lao Feng Xiang Co.,
Ltd.
Emerging Markets China 16/06/2017 Annual Against 3,6 Insufficient/poor disclosure
1129026 CNE000000578 Dongxu
Optoelectronic
Technology Co., Ltd.
Emerging Markets China 17/04/2017 Annual All For
1151480 CNE000000578 Dongxu
Optoelectronic
Technology Co., Ltd.
Emerging Markets China 02/06/2017 Special Against 1 Insufficient/poor disclosure
1158845 CNE000000578 Dongxu
Optoelectronic
Technology Co., Ltd.
Emerging Markets China 26/06/2017 Special All For
1135737 CNE0000006Z6 Guangdong
Provincial
Expressway
Development Co.,
Ltd.
Emerging Markets China 28/04/2017 Annual Against 12 Insufficient/poor disclosure
1128218 CNE0000008L2 GF Securities Co.,
Ltd.
Emerging Markets China 10/05/2017 Annual All For
1150542 CNE0000009Y3 Tsingtao Brewery
Co., Ltd.
Emerging Markets China 30/06/2017 Annual All For
1148813 CNE000000C82 Shanghai
Pharmaceuticals
Holding Co., Ltd.
Emerging Markets China 23/06/2017 Annual Against 12 Issue of equity raises concerns about excessive
dilution of existing shareholders
1140650 CNE000000CK1 Haitong Securities
Co., Ltd.
Emerging Markets China 06/06/2017 Annual Against 2
3
Concerns to protect shareholder value
Issue of capital raises concerns about excessive
dilution of existing shareholders
1140909 CNE000000CK1 Haitong Securities
Co., Ltd.
Emerging Markets China 06/06/2017 Special All For
1144221 CNE000000CV8 Jiangling Motors
Corp. Ltd
Emerging Markets China 18/05/2017 Special All For
1158085 CNE000000CV8 Jiangling Motors
Corp. Ltd
Emerging Markets China 29/06/2017 Annual Against 6.01,6.02,6.03,6.04,6.05,6.0
6,7.01,7.02,7.03,8.01,8.02,8.
03
1127222 CNE000000DC6 Huaxin Cement Co.,
Ltd.
Emerging Markets China 20/04/2017 Annual Against 8 Apparent failure to link pay & appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1149689 CNE000000GG0 Shanghai Baosight
Software Co., Ltd.
Emerging Markets China 26/05/2017 Special Against 2 Concerns to protect shareholder value
1151478 CNE000000HF0 Shanghai Jinjiang
International Travel
Co., Ltd.
Emerging Markets China 08/06/2017 Annual All For
1140319 CNE000000HH6 Shanghai Lujiazui
Finance & Trade
Zone Development
Co. Ltd.
Emerging Markets China 09/05/2017 Annual Against 12
1143317 CNE000000HW5 Guangdong Electric
Power
Development Co.,
Ltd.
Emerging Markets China 17/05/2017 Annual Against 10 Concerns to protect shareholder value 2-
Insufficient/poor disclosure
1129191 CNE000000PY4 Zhengzhou Yutong
Bus Co., Ltd.
Emerging Markets China 19/04/2017 Annual Against 10
6
11
13,14
Concerns to protect shareholder value 2-
Insufficient justification for related party transaction
3- Insufficient/poor disclosure
Concerns to protect shareholder value 2-
Insufficient justification for related party transaction
3- Insufficient/poor disclosure
Concerns to protect shareholder value 2-
Insufficient/poor disclosure
Insufficient/poor disclosure
1138247 CNE000000QM7 Shandong
Chenming Paper
Holdings Ltd.
Emerging Markets China 02/06/2017 Special All For
1144184 CNE000000R36 Chongqing Changan
Automobile Co.,
Ltd.
Emerging Markets China 25/05/2017 Annual Against 11
10
Insufficient/poor disclosure
Insufficient/poor disclosure
1142170 CNE000000T59 Yantai Changyu
Pioneer Wine Co.,
Ltd.
Emerging Markets China 15/06/2017 Annual Against 6 Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127196 CNE000000TK5 ZTE Corporation Emerging Markets China 20/06/2017 Annual Against 14
13
15
11
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
Concerns to protect shareholder value
Issue of capital raises concerns about excessive
dilution of existing shareholders
1143118 CNE000000TK5 ZTE Corporation Emerging Markets China 20/06/2017 Special Against 1,2
3
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1149508 CNE000000X38 Shanghai Fosun
Pharmaceutical
(Group) Co., Ltd.
Emerging Markets China 29/06/2017 Annual Against 17
7
20
Apparent failure to link pay & appropriate
performance
Concerns to protect shareholder value
Issue of capital raises concerns about excessive
dilution of existing shareholders
1122190 CNE0000014W7 Jiangsu Hengrui
Medicine Co., Ltd.
Emerging Markets China 07/04/2017 Annual Against 7 SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
appropriate accountability or incentivisation
1147276 CNE0000015Y0 China Minsheng
Banking Corp., Ltd.
Emerging Markets China 16/06/2017 Annual Against 15
16
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
1147278 CNE0000015Y0 China Minsheng
Banking Corp., Ltd.
Emerging Markets China 16/06/2017 Special All For
1130646 CNE000001667 Lu Thai Textile Co.,
Ltd.
Emerging Markets China 12/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1142763 CNE0000018R8 Kweichow Moutai
Co., Ltd.
Emerging Markets China 22/05/2017 Annual All For
1138226 CNE0000019V8 Anhui Conch
Cement Company
Ltd
Emerging Markets China 31/05/2017 Annual Against 7 Issue of capital raises concerns about excessive
dilution of existing shareholders
1138002 CNE0000019V8 Anhui Conch
Cement Company
Ltd
Emerging Markets China 31/05/2017 Annual Against 7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1135309 CNE000001B33 China Merchants
Bank Co Ltd
Emerging Markets China 26/05/2017 Annual Against 13
22
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
1135324 CNE000001B33 China Merchants
Bank Co Ltd
Emerging Markets China 26/05/2017 Special All For
1147908 CNE000001DB6 CITIC Securities Co.,
Ltd.
Emerging Markets China 19/06/2017 Annual Against 8,7.01,7.02,7.03,7.04,7.05,7.
06,7.07,7.08,7.09,7.10,7.11,
10
Issue of equity raises concerns about excessive
dilution of existing shareholders
1134168 CNE000001DC4 Anhui Expressway
Co Ltd
Emerging Markets China 19/05/2017 Annual Against 7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1150244 CNE000001FG0 China Southern
Airlines Co., Ltd.
Emerging Markets China 30/06/2017 Annual Against 8
6
7
Concerns to protect shareholder value
Concerns to protect shareholder value
Concerns to protect shareholder value 2- Issue of
capital raises concerns about excessive dilution of
existing shareholders
1134806 CNE1000000R4 China CITIC Bank
Corporation Ltd.
Emerging Markets China 26/05/2017 Annual All For
1148648 CNE1000000S2 Bank of
Communications
Co., Ltd.
Emerging Markets China 22/06/2017 Annual Against 13
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1150098 CNE1000000T0 Aluminum
Corporation of
China Ltd.
Emerging Markets China 28/06/2017 Annual Against 12
17
Concerns to protect shareholder value 2-
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
1136639 CNE100000163 Shandong Luoxin
Pharmaceutical
Group Stock Co.,
Ltd.
Emerging Markets China 29/05/2017 Annual Against 5,6 Concerns related to Non-audit fees
1136637 CNE100000163 Shandong Luoxin
Pharmaceutical
Group Stock Co.,
Ltd.
Emerging Markets China 29/05/2017 Special All For
1136636 CNE100000163 Shandong Luoxin
Pharmaceutical
Group Stock Co.,
Ltd.
Emerging Markets China 29/05/2017 Special All For
1140927 CNE100000171 Shandong Weigao
Group Medical
Polymer Co., Ltd.
Emerging Markets China 12/06/2017 Annual Against 9
12
Concerns related to Non-audit fees
Issue of equity raises concerns about excessive
dilution of existing shareholders
1140924 CNE100000171 Shandong Weigao
Group Medical
Polymer Co., Ltd.
Emerging Markets China 12/06/2017 Special All For
1131783 CNE1000001S0 Air China Ltd. Emerging Markets China 25/05/2017 Annual Against 7
6
5
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
1141598 CNE1000001V4 Angang Steel
Company Limited
Emerging Markets China 08/06/2017 Annual Against 10
9
Concerns to protect shareholder value
Issue of capital raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1137670 CNE1000001Y8 Avichina Industry &
Technology Co., Ltd.
Emerging Markets China 18/05/2017 Annual Against 9,11
10
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
1150274 CNE1000001Z5 Bank of China
Limited
Emerging Markets China 29/06/2017 Annual Against 7.03,7.04,7.05
7.02
Concerns about overall board structure 2- Lack of
independence on board
Concerns about overall board structure 2- Lack of
independence on board
1149713 CNE100000221 Beijing Capital
International
Airport Co., Ltd.
Emerging Markets China 28/06/2017 Annual Against 6.8 Overboarded/Too many other time commitments
1121179 CNE100000239 Beijing Capital Land
Ltd.
Emerging Markets China 20/04/2017 Annual Against 6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1148152 CNE100000239 Beijing Capital Land
Ltd.
Emerging Markets China 22/05/2017 Special All For
1158932 CNE100000239 Beijing Capital Land
Ltd.
Emerging Markets China 27/06/2017 Special All For
1141527 CNE100000296 BYD Company Ltd. Emerging Markets China 06/06/2017 Annual Against 7
13
11
10
Concerns to protect shareholder value 2-
Insufficient/poor disclosure
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
1139988 CNE1000002D0 China Bluechemical
Ltd.
Emerging Markets China 02/06/2017 Annual Against 7 Issue of capital raises concerns about excessive
dilution of existing shareholders
1139993 CNE1000002D0 China Bluechemical
Ltd.
Emerging Markets China 02/06/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1145076 CNE1000002F5 China
Communications
Construction
Company Ltd.
Emerging Markets China 16/06/2017 Annual Against 4
7
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
1143907 CNE1000002G3 China
Communications
Services Corp. Ltd.
Emerging Markets China 23/06/2017 Annual Against 5.1,5.2,5.3
6,7
Insufficient basis to support a decision
Issue of equity raises concerns about excessive
dilution of existing shareholders
1145729 CNE1000002H1 China Construction
Bank Corporation
Emerging Markets China 15/06/2017 Annual Against 2 Concerns about reducing shareholder rights
1136907 CNE1000002L3 China Life
Insurance Co.
Limited
Emerging Markets China 31/05/2017 Annual Against 11 Issue of equity raises concerns about excessive
dilution of existing shareholders
1135291 CNE1000002N9 China National
Building Material
Co., Ltd.
Emerging Markets China 26/05/2017 Annual Against 7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1137425 CNE1000002P4 China Oilfield
Services Ltd.
Emerging Markets China 01/06/2017 Annual Against 8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1137424 CNE1000002P4 China Oilfield
Services Ltd.
Emerging Markets China 01/06/2017 Special All For
1149907 CNE1000002Q2 China Petroleum &
Chemical Corp.
Emerging Markets China 28/06/2017 Annual Against 7
8
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
1149908 CNE1000002Q2 China Petroleum &
Chemical Corp.
Emerging Markets China 28/06/2017 Special All For
1148645 CNE1000002R0 China Shenhua
Energy Co., Ltd.
Emerging Markets China 23/06/2017 Annual Against 8
10.01
Insufficient basis to support a decision
Overboarded/Too many other time commitments
1148645 CNE1000002R0 China Shenhua
Energy Co., Ltd.
Emerging Markets China 23/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127005 CNE1000002V2 China Telecom
Corporation Ltd
Emerging Markets China 23/05/2017 Annual Against 4.11
7.1,7.2,7.3
10
9
Concerns related to attendance at board or
committee meetings
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
1149918 CNE1000002Y6 Dalian Port (PDA)
Co., Ltd.
Emerging Markets China 28/06/2017 Annual All For
1146385 CNE100000304 Dongfang Electric
Corporation Ltd.
Emerging Markets China 20/06/2017 Annual All For
1144565 CNE100000312 Dongfeng Motor
Group Company Ltd
Emerging Markets China 16/06/2017 Annual Against 8
13
Insufficient justification for related party transaction
Issue of capital raises concerns about excessive
dilution of existing shareholders
1144565 CNE100000312 Dongfeng Motor
Group Company Ltd
Emerging Markets China 16/06/2017 Annual Against 13 Issue of capital raises concerns about excessive
dilution of existing shareholders
1144320 CNE100000320 First Tractor Co.,
Ltd.
Emerging Markets China 13/06/2017 Annual All For
1144323 CNE100000320 First Tractor Co.,
Ltd.
Emerging Markets China 13/06/2017 Special All For
1127474 CNE100000338 Great Wall Motor
Co., Ltd.
Emerging Markets China 11/05/2017 Annual All For
1127488 CNE100000338 Great Wall Motor
Co., Ltd.
Emerging Markets China 11/05/2017 Special All For
1145459 CNE100000361 Guangdong Yueyun
Transportation
Company Limited
Emerging Markets China 13/06/2017 Annual All For
1129481 CNE1000003B2 HNA Infrastructure
Co., Ltd.
Emerging Markets China 18/05/2017 Annual Against 7,9
8
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1146382 CNE1000003B2 HNA Infrastructure
Co., Ltd.
Emerging Markets China 26/06/2017 Special Against 5 Insufficient disclosure
1145866 CNE1000003B2 HNA Infrastructure
Co., Ltd.
Emerging Markets China 26/06/2017 Special Against 5 Insufficient disclosure
1136103 CNE1000003C0 Harbin Electric
Company Ltd.
Emerging Markets China 26/05/2017 Annual Against 6.5,6.6
9
Concerns related to Non-audit fees
Issue of equity raises concerns about excessive
dilution of existing shareholders
1150275 CNE1000003G1 Industrial and
Commercial Bank
of China Limited
Emerging Markets China 27/06/2017 Annual Against 10 Concerns about reducing shareholder rights
1147953 CNE1000003J5 Jiangsu Expressway
Co. Ltd.
Emerging Markets China 22/06/2017 Annual All For
1142257 CNE1000003K3 Jiangxi Copper
Company Ltd.
Emerging Markets China 07/06/2017 Annual All For
1144799 CNE1000003P2 Lianhua
Supermarket
Holdings Co., Ltd.
Emerging Markets China 12/06/2017 Annual Against 6.7 Concerns related to attendance at board or
committee meetings
1143636 CNE1000003R8 Maanshan Iron &
Steel Company Ltd.
Emerging Markets China 12/06/2017 Annual All For
1142025 CNE1000003W8 PetroChina
Company Limited
Emerging Markets China 08/06/2017 Annual Against 9.03
7
Concerns related to attendance at board or
committee meetings
Issue of capital raises concerns about excessive
dilution of existing shareholders
1141165 CNE1000003W8 PetroChina
Company Limited
Emerging Markets China 08/06/2017 Annual Against 9.3
7
Concerns related to attendance at board or
committee meetings
Issue of capital raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1141791 CNE1000003X6 Ping An Insurance
(Group) Co. of
China, Ltd.
Emerging Markets China 16/06/2017 Annual Against 8
9
Apparent failure to link pay & appropriate
performance 2- Issue of capital raises concerns
about excessive dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
1121185 CNE1000003Y4 Qingling Motors Co
Ltd
Emerging Markets China 27/04/2017 Special All For
1141754 CNE1000003Y4 Qingling Motors Co
Ltd
Emerging Markets China 09/06/2017 Annual All For
1142268 CNE1000003Z1 Shanghai Jin Jiang
International
Hotels Group Co.,
Ltd.
Emerging Markets China 09/06/2017 Annual Against 7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1114196 CNE100000437 Shanghai Electric
Group Co., Ltd.
Emerging Markets China 08/05/2017 Special All For
1114544 CNE100000437 Shanghai Electric
Group Co., Ltd.
Emerging Markets China 08/05/2017 Special All For
1150272 CNE100000437 Shanghai Electric
Group Co., Ltd.
Emerging Markets China 29/06/2017 Annual Against 9.7
9.2
9.3,9.4,9.5,9.6
Concerns about overall performance 2- Concerns to
protect shareholder value 3- Insufficient/poor
disclosure
Concerns about overall performance 2- Concerns to
protect shareholder value 3- Insufficient/poor
disclosure
Insufficient/poor disclosure
1134778 CNE100000478 Shenzhen
Expressway
Company Ltd.
Emerging Markets China 23/05/2017 Annual Against 10 Issue of equity raises concerns about excessive
dilution of existing shareholders
1134787 CNE100000478 Shenzhen
Expressway
Company Ltd.
Emerging Markets China 23/05/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1141540 CNE100000494 Sichuan Expressway
Company Ltd.
Emerging Markets China 06/06/2017 Annual All For
1135118 CNE1000004B0 Xinhua Winshare
Publishing & Media
Co., Ltd.
Emerging Markets China 25/05/2017 Annual All For
1145848 CNE1000004C8 Sinopec Shanghai
Petrochemical Co.
Ltd.
Emerging Markets China 15/06/2017 Annual Against 10
12.08
12.07
Apparent failure to link pay & appropriate
performance
Concerns related to attendance at board or
committee meetings
Concerns related to attendance at board or
committee meetings
1128691 CNE1000004F1 Sinotrans Ltd. Emerging Markets China 12/05/2017 Annual Against 9 Issue of equity raises concerns about excessive
dilution of existing shareholders
1128696 CNE1000004F1 Sinotrans Ltd. Emerging Markets China 12/05/2017 Special All For
1130607 CNE1000004G9 Tianjin Capital
Environmental
Protection Group
Co., Ltd.
Emerging Markets China 17/05/2017 Annual Against 1 Concerns to protect shareholder value
1144556 CNE1000004J3 TravelSky
Technology Limited
Emerging Markets China 27/06/2017 Annual Against 6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1144894 CNE1000004J3 TravelSky
Technology Limited
Emerging Markets China 27/06/2017 Special All For
1141533 CNE1000004L9 Weichai Power Co.,
Ltd.
Emerging Markets China 08/06/2017 Annual Against 12 Issue of equity raises concerns about excessive
dilution of existing shareholders
1141539 CNE1000004L9 Weichai Power Co.,
Ltd.
Emerging Markets China 08/06/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1148796 CNE1000004Q8 Yanzhou Coal
Mining Company
Limited
Emerging Markets China 29/06/2017 Annual Against 8,9
18
20
23.03
Concerns to protect shareholder value
Concerns to protect shareholder value 2-
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1148814 CNE1000004Q8 Yanzhou Coal
Mining Company
Limited
Emerging Markets China 29/06/2017 Special All For
1132532 CNE1000004S4 Zhejiang
Expressway Co., Ltd.
Emerging Markets China 18/05/2017 Annual Against 9 Issue of equity raises concerns about excessive
dilution of existing shareholders
1141166 CNE1000004X4 Zhuzhou CRRC
Times Electric Co.,
Ltd.
Emerging Markets China 13/06/2017 Annual Against 10,11,12,13
17
Concerns related to Non-audit fees
Issue of equity raises concerns about excessive
dilution of existing shareholders
1149928 CNE100000528 China Coal Energy
Company Limited
Emerging Markets China 26/06/2017 Annual All For
1131804 CNE100000569 Guangzhou R&F
Properties Co., Ltd.
Emerging Markets China 19/05/2017 Annual Against 10,11
12
Concerns to protect shareholder value 2-
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
1131745 CNE100000569 Guangzhou R&F
Properties Co., Ltd.
Emerging Markets China 19/05/2017 Special All For
1141787 CNE100000585 Tong Ren Tang
Technologies Co.,
Ltd.
Emerging Markets China 12/06/2017 Annual Against 7 Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1148811 CNE100000593 PICC Property and
Casualty Co., Ltd.
Emerging Markets China 23/06/2017 Annual Against 8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1129112 CNE1000006Z4 Huaneng Power
International, Inc.
Emerging Markets China 16/05/2017 Special All For
1146171 CNE1000006Z4 Huaneng Power
International, Inc.
Emerging Markets China 13/06/2017 Annual Against 6,7,8
10
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
1150099 CNE100000866 China Railway
Group Limited
Emerging Markets China 28/06/2017 Annual Against 16.1,16.2,16.3,16.4,16.5,16.
6,16.7,16.9,17.1,17.2
15
9
14
Concerns to protect shareholder value
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
1136151 CNE100000874 China National
Materials Co., Ltd.
Emerging Markets China 26/05/2017 Annual Against 6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1142962 CNE1000008M8 China Pacific
Insurance (Group)
Co., Ltd
Emerging Markets China 09/06/2017 Annual Against 12.3
15
14
12.1,12.4,12.5,12.6,12.7,12.
8,12.9,12.10,12.14
12.11
Concerns related to attendance at board or
committee meetings
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1150113 CNE1000008S5 Xinjiang GoldWind
Science &
Technology Co., Ltd.
Emerging Markets China 28/06/2017 Annual Against 7
6
Concerns to protect shareholder value 2-
Insufficient/poor disclosure
Concerns to protect shareholder value 2-
Insufficient/poor disclosure
1144566 CNE1000009T1 China Railway
Construction
Corporation Ltd.
Emerging Markets China 15/06/2017 Annual Against 8
14
15
Insufficient justification for related party transaction
Insufficient/poor disclosure 1- Issue of capital raises
concerns about excessive dilution of existing
shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
1146359 CNE1000009W5 Chongqing
Machinery &
Electric Co., Ltd.
Emerging Markets China 16/06/2017 Annual Against 13 Issue of equity raises concerns about excessive
dilution of existing shareholders
1147949 CNE100000B24 Zijin Mining Group
Co., Ltd.
Emerging Markets China 30/06/2017 Annual Against 9
1147960 CNE100000CP9 CRRC Corp Ltd. Emerging Markets China 20/06/2017 Annual Against 4
10
11
Insufficient justification for related party transaction
2- Insufficient/poor disclosure
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1150252 CNE100000FN7 Sinopharm Group
Co., Ltd.
Emerging Markets China 30/06/2017 Annual Against 9
10
Concerns to protect shareholder value 2-
Insufficient/poor disclosure
Concerns to protect shareholder value 2- Issue of
capital raises concerns about excessive dilution of
existing shareholders
1145034 CNE100000HB8 Jiangsu Yanghe
Brewery Joint-Stock
Co., Ltd.
Emerging Markets China 19/05/2017 Annual All For
1148154 CNE100000HD4 China Longyuan
Power Group
Corporation Ltd.
Emerging Markets China 20/06/2017 Annual Against 10 Issue of equity raises concerns about excessive
dilution of existing shareholders
1147952 CNE100000LQ8 Huatai Securities
Co., Ltd.
Emerging Markets China 21/06/2017 Annual Against 15 Issue of capital raises concerns about excessive
dilution of existing shareholders
1150249 CNE100000RJ0 Agricultural Bank of
China Limited
Emerging Markets China 28/06/2017 Annual Against 11 Concerns to protect shareholder value
1148202 CNE100000SL4 China Everbright
Bank Co., Ltd.
Emerging Markets China 20/06/2017 Annual All For
1148203 CNE100000SL4 China Everbright
Bank Co., Ltd.
Emerging Markets China 20/06/2017 Special All For
1148349 CNE100000WS1 Huaneng
Renewables
Corporation Ltd.
Emerging Markets China 22/06/2017 Annual Against 9
8
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
1125032 CNE100000X44 Chongqing Rural
Commercial Bank
Co., Ltd.
Emerging Markets China 05/05/2017 Annual Against 1,2.1,2.2,2.3,2.4,2.5,2.6,2.7,
2.8,4
Issue of equity raises concerns about excessive
dilution of existing shareholders
1125037 CNE100000X44 Chongqing Rural
Commercial Bank
Co., Ltd.
Emerging Markets China 05/05/2017 Annual Against 17 Concerns about overall performance 2- Concerns to
protect shareholder value
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1150090 CNE100001336 Beijing Jingneng
Clean Energy Co.,
Ltd.
Emerging Markets China 28/06/2017 Annual Against 14,15
13
9
12
Concerns to protect shareholder value
Concerns to protect shareholder value
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
1122428 CNE1000019Y0 New China Life
Insurance Co Ltd.
Emerging Markets China 28/04/2017 Special All For
1150246 CNE1000019Y0 New China Life
Insurance Co Ltd.
Emerging Markets China 27/06/2017 Annual Against 10
11
Issue of capital raises concerns about excessive
dilution of existing shareholders
1150538 CNE100001F60 Huadian Fuxin
Energy Corp Ltd.
Emerging Markets China 29/06/2017 Annual Against 13 Issue of equity raises concerns about excessive
dilution of existing shareholders
1148802 CNE100001MK7 The People's
Insurance Company
(Group) Of China
Ltd.
Emerging Markets China 23/06/2017 Annual Against 9 Issue of equity raises concerns about excessive
dilution of existing shareholders
1149921 CNE100001NP4 China Machinery
Engineering
Corporation
Emerging Markets China 26/06/2017 Annual Against 10
11
7
8
Concerns to protect shareholder value
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
Issue of equity raises concerns about excessive
dilution of existing shareholdersInsufficient basis to
support a decision
1149931 CNE100001NP4 China Machinery
Engineering
Corporation
Emerging Markets China 26/06/2017 Special All For
1132302 CNE100001NQ2 Guangzhou
Automobile Group
Co., Ltd.
Emerging Markets China 19/05/2017 Annual All For
1124526 CNE100001NT6 China Galaxy
Securities Co Ltd
Emerging Markets China 05/05/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1147956 CNE100001NT6 China Galaxy
Securities Co Ltd
Emerging Markets China 22/06/2017 Annual Against 9 Issue of capital raises concerns about excessive
dilution of existing shareholders
1130674 CNE100001NV2 SINOPEC
Engineering Group
Co Ltd
Emerging Markets China 16/05/2017 Annual Against 2 Issue of equity raises concerns about excessive
dilution of existing shareholders
1130671 CNE100001NV2 SINOPEC
Engineering Group
Co Ltd
Emerging Markets China 16/05/2017 Special All For
1131340 CNE100001QQ5 Midea Group Co.,
Ltd.
Emerging Markets China 21/04/2017 Annual Against 18
14
Insufficient/poor disclosure
1150617 CNE100001QS1 China Cinda Asset
Management Co.,
Ltd.
Emerging Markets China 30/06/2017 Annual All For
1135142 CNE100001SS7 Central China
Securities Co., Ltd.
Emerging Markets China 22/05/2017 Annual All For
1135143 CNE100001SS7 Central China
Securities Co., Ltd.
Emerging Markets China 22/05/2017 Special All For
1140119 CNE100001SV1 Beijing Urban
Construction
Design &
Development
Group Co. Ltd.
Emerging Markets China 05/06/2017 Annual Against 8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1134509 CNE100001T72 Yangtze Optical
Fibre and Cable
Joint Stock Limited
Emerging Markets China 22/05/2017 Annual All For
1134504 CNE100001T72 Yangtze Optical
Fibre and Cable
Joint Stock Limited
Emerging Markets China 22/05/2017 Special All For
1134507 CNE100001T72 Yangtze Optical
Fibre and Cable
Joint Stock Limited
Emerging Markets China 22/05/2017 Special All For
1134515 CNE100001T72 Yangtze Optical
Fibre and Cable
Joint Stock Limited
Emerging Markets China 23/05/2017 Special All For
1134513 CNE100001T72 Yangtze Optical
Fibre and Cable
Joint Stock Limited
Emerging Markets China 23/05/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135713 CNE100001T80 CGN Power Co., Ltd. Emerging Markets China 24/05/2017 Annual Against 11 Issue of equity raises concerns about excessive
dilution of existing shareholders
1119881 CNE100001TJ4 BAIC Motor
Corporation Ltd
Emerging Markets China 21/04/2017 Special Against 1.12 Overboarded/Too many other time commitments
1149036 CNE100001TJ4 BAIC Motor
Corporation Ltd
Emerging Markets China 23/06/2017 Annual Against 8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1149104 CNE100001TJ4 BAIC Motor
Corporation Ltd
Emerging Markets China 23/06/2017 Special All For
1128186 CNE100002367 China Huarong
Asset Management
Co., Ltd.
Emerging Markets China 12/05/2017 Annual All For
1142275 CNE1000029W3 Postal Savings Bank
of China Co., Ltd.
Emerging Markets China 08/06/2017 Annual All For
1142286 CNE1000029W3 Postal Savings Bank
of China Co., Ltd.
Emerging Markets China 08/06/2017 Special All For
1129528 CS0008418869 Philip Morris CR A.S Emerging Markets Czech
Republic
28/04/2017 Annual All For
1103633 CY0100470919 Prosafe SE Europe Cyprus 10/05/2017 Annual All For
1122969 CY0105562116 Aroundtown
Property Holdings
PLC
Europe Cyprus 07/04/2017 Special All For
1150662 CZ0005112300 Cez A.S. Emerging Markets Czech
Republic
21/06/2017 Annual Against 9
10
Concerns about overall board structure
Insufficient/poor disclosure
1127508 CZ0008019106 Komercni Banka
A.S.
Emerging Markets Czech
Republic
25/04/2017 Annual Against 10.1,10.2,10.3,10.4,10.5,10.
6,10.7,11.1,11.2
Concerns about overall board structure
1123084 CZ0008040318 Moneta Money
Bank a. s.
Emerging Markets Czech
Republic
24/04/2017 Annual Against 14.3 Insufficient/poor disclosure
1148013 CZ0009091500 Unipetrol AS Emerging Markets Czech
Republic
07/06/2017 Annual Against 10.1,10.2 Insufficient/poor disclosure
1123461 CZ0009093209 O2 Czech Republic
AS
Emerging Markets Czech
Republic
10/05/2017 Annual Against 8
9
Concerns about overall board structure
Insufficient basis to support a decision
1122960 DE0003304002 Software AG Europe Germany 17/05/2017 Annual All For
1123576 DE0003304101 Gerry Weber
International AG
Europe Germany 27/04/2017 Annual All For
1121299 DE0005089031 United Internet AG Europe Germany 18/05/2017 Annual Against 5 Concerns related to Non-audit fees
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1124009 DE0005093108 Amadeus FiRe AG Europe Germany 18/05/2017 Annual All For
1134663 DE0005103006 ADVA Optical
Networking SE
Europe Germany 17/05/2017 Annual Against 2 Concerns to protect shareholder value
1123984 DE0005111702 zooplus AG Europe Germany 31/05/2017 Annual Against 2 Concerns to protect shareholder value
1125918 DE0005137004 QSC AG Europe Germany 24/05/2017 Annual All For
1120704 DE0005140008 Deutsche Bank AG Europe Germany 18/05/2017 Annual Against 15 Concerns about reducing shareholder rights
1123418 DE0005158703 Bechtle AG Europe Germany 01/06/2017 Annual All For
1120701 DE0005190003 Bayerische
Motoren Werke AG
(BMW)
Europe Germany 11/05/2017 Annual All For
1120659 DE0005200000 Beiersdorf AG Europe Germany 20/04/2017 Annual Against 7
5
Apparent failure to link pay and appropriate
performance
Concerns regarding Auditor tenure
1125946 DE0005220909 Nexus AG Europe Germany 12/05/2017 Annual Against 5 Concerns about reducing shareholder rights
1122460 DE0005313704 Carl Zeiss Meditec
AG
Europe Germany 30/05/2017 Annual Against 6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1123442 DE0005403901 CEWE Stiftung & Co
KGAA
Europe Germany 31/05/2017 Annual All For
1124023 DE0005407506 CENTROTEC
Sustainable AG
Europe Germany 31/05/2017 Annual Against 6 Issue of capital raises concerns about excessive
dilution of existing shareholders
1121175 DE0005408116 Aareal Bank AG Europe Germany 31/05/2017 Annual Against 6 Proposed term in policy exceeds appropriate limit
1123441 DE0005408884 LEONI AG Europe Germany 11/05/2017 Annual Against 5 Concerns related to Non-audit fees
1123436 DE0005419105 Cancom SE Europe Germany 20/06/2017 Annual All For
1123478 DE0005437305 CompuGroup
Medical SE
Europe Germany 10/05/2017 Annual Against 7.1
6
Concerns related to approach to board diversity
Issue of capital raises concerns about excessive
dilution of existing shareholders
1121163 DE0005439004 Continental AG Europe Germany 28/04/2017 Annual Against 6 Insufficient/poor disclosure
1123021 DE0005470306 CTS Eventim AG &
Co KGAA
Europe Germany 09/05/2017 Annual Against 5 Concerns related to Non-audit fees
1121171 DE0005470405 Lanxess AG Europe Germany 26/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1125075 DE0005493365 Hypoport AG Europe Germany 05/05/2017 Annual All For
1122949 DE0005501357 Axel Springer SE Europe Germany 26/04/2017 Annual All For
1123427 DE0005545503 Drillisch AG Europe Germany 18/05/2017 Annual All For
1122517 DE0005550636 Draegerwerk AG &
Co. KGaA
Europe Germany 10/05/2017 Annual All For
1124603 DE0005552004 Deutsche Post AG Europe Germany 28/04/2017 Annual Against 5
6
8
Concerns regarding Auditor tenure
Issue of equity raises concerns about excessive
dilution of existing shareholders
Proposed term in policy exceeds appropriate limit
1148920 DE0005557508 Deutsche Telekom
AG
Europe Germany 31/05/2017 Annual Against 6 Proposed term in policy exceeds appropriate limit
1120663 DE0005557508 Deutsche Telekom
AG
Europe Germany 31/05/2017 Annual Against 6 Issue of capital raises concerns about excessive
dilution of existing shareholders
1122966 DE0005565204 Duerr AG Europe Germany 05/05/2017 Annual All For
1123465 DE0005664809 Evotec AG Europe Germany 14/06/2017 Annual Against 7
6
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
1125917 DE0005677108 ELMOS
Semiconductor AG
Europe Germany 11/05/2017 Annual All For
1123426 DE0005772206 Fielmann AG Europe Germany 01/06/2017 Annual All For
1121289 DE0005773303 Fraport AG
Frankfurt Airport
Services Worldwide
Europe Germany 23/05/2017 Annual All For
1121128 DE0005785604 Fresenius SE & Co
KGaA
Europe Germany 12/05/2017 Annual Against 7 Apparent failure to link pay & appropriate
performance
1121147 DE0005785802 Fresenius Medical
Care AG & Co. KGAA
Europe Germany 11/05/2017 Annual All For
1125270 DE0005785802 Fresenius Medical
Care AG & Co. KGAA
Europe Germany 11/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1124029 DE0005800601 GFT Technologies SE Europe Germany 31/05/2017 Annual Against 6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1121158 DE0005810055 Deutsche Boerse AG Europe Germany 17/05/2017 Annual Against 3 Concerns about overall performance 2- Concerns to
protect shareholder value
1123969 DE0005878003 DMG MORI AG Europe Germany 05/05/2017 Annual Against 6 Apparent failure to link pay and appropriate
performance
1123456 DE0005895403 Grammer AG Europe Germany 24/05/2017 Annual All For
1123445 DE0005909006 Bilfinger SE Europe Germany 24/05/2017 Annual All For
1121304 DE0005937007 MAN SE Europe Germany 24/05/2017 Annual All For
1123459 DE0006013006 Hamborner REIT AG Europe Germany 10/05/2017 Annual Against 9
8
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
1120688 DE0006047004 HeidelbergCement
AG
Europe Germany 10/05/2017 Annual All For
1115926 DE0006048432 Henkel AG & Co.
KGaA
Europe Germany 06/04/2017 Annual All For
1121298 DE0006062144 Covestro AG Europe Germany 03/05/2017 Annual All For
1121257 DE0006070006 Hochtief AG Europe Germany 10/05/2017 Annual Against 8
7
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
1149981 DE0006190705 HAEMATO AG Europe Germany 22/06/2017 Annual All For
1123980 DE0006200108 INDUS Holding AG Europe Germany 24/05/2017 Annual All For
1123017 DE0006202005 Salzgitter AG Europe Germany 01/06/2017 Annual Against 6,7 Issue of capital raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1123423 DE0006229107 Jenoptik AG Europe Germany 07/06/2017 Annual Against 8
6.2,6.3
Issue of capital raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1124045 DE0006292030 KSB AG Europe Germany 10/05/2017 Annual Against 7 Concerns about reducing shareholder rights
1123430 DE0006305006 Deutz AG Europe Germany 04/05/2017 Annual All For
1123218 DE0006335003 Krones AG Europe Germany 20/06/2017 Annual All For
1123479 DE0006452907 Nemetschek SE Europe Germany 01/06/2017 Annual Against 6.1,6.2,6.3 Concerns about overall board structure
1140243 DE0006483001 Linde
Aktiengesellschaft
Europe Germany 10/05/2017 Annual All For
1120687 DE0006483001 Linde
Aktiengesellschaft
Europe Germany 10/05/2017 Annual All For
1121168 DE0006599905 Merck KGaA Europe Germany 28/04/2017 Annual Against 7 Insufficient/poor disclosure
1121974 DE0006602006 GEA Group AG Europe Germany 20/04/2017 Annual All For
1123480 DE0006632003 Morphosys AG Europe Germany 17/05/2017 Annual All For
1120114 DE0006916604 Pfeiffer Vacuum
Technology AG
Europe Germany 23/05/2017 Annual All For
1117465 DE0006972508 publity AG Europe Germany 20/06/2017 Annual All For
1123209 DE0007010803 Rational AG Europe Germany 03/05/2017 Annual All For
1122948 DE0007030009 Rheinmetall AG Europe Germany 09/05/2017 Annual All For
1120664 DE0007037129 RWE AG Europe Germany 27/04/2017 Annual Against 5 Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
1123007 DE0007042301 Rhoen-Klinikum AG Europe Germany 07/06/2017 Annual Against 5 Lack of independence on board
1120661 DE0007164600 SAP SE Europe Germany 10/05/2017 Annual Against 4 Apparent failure to link pay & appropriate
performance
1123464 DE0007193500 Koenig & Bauer AG Europe Germany 23/05/2017 Annual Against 7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1122985 DE0007231326 Sixt SE Europe Germany 30/06/2017 Annual All For
1123452 DE0007446007 TAKKT AG Europe Germany 10/05/2017 Annual All For
1122951 DE0007472060 Wirecard AG Europe Germany 20/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1122961 DE0007480204 Deutsche Euroshop
AG
Europe Germany 28/06/2017 Annual Against 7 Issue of capital raises concerns about excessive
dilution of existing shareholders
1123217 DE0007493991 Stroeer SE & Co
KGaA
Europe Germany 14/06/2017 Annual All For
1125104 DE0007507501 Washtec AG Europe Germany 03/05/2017 Annual All For
1131872 DE0007664039 Volkswagen AG
(VW)
Europe Germany 10/05/2017 Annual Against 5
3.1,3.2,3.3,3.4,3.5,3.6,3.7,3.
8,3.9,4.1,4.2,4.3,4.4,4.5,4.6,
4.7,4.8,4.9,4.10,4.11,4.12,4.
13,4.14,4.15,4.16,4.17,4.18,
4.19,4.20,4.21,4.22
Apparent failure to link pay & appropriate
performance
Concerns to protect shareholder value
1124017 DE0007667107 Vossloh AG Europe Germany 24/05/2017 Annual Against 7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1123490 DE0007757007 H&R GmbH & Co
KGaA
Europe Germany 18/05/2017 Annual Against 9 Apparent failure to link pay & appropriate
performance 2- Concerns to protect shareholder
value
1123454 DE0007856023 ElringKlinger AG Europe Germany 16/05/2017 Annual All For
1123489 DE0008019001 Deutsche
Pfandbriefbank AG
Europe Germany 30/05/2017 Annual All For
1124013 DE0008051004 Wuestenrot &
Wuerttembergische
AG
Europe Germany 01/06/2017 Annual All For
1120679 DE0008232125 Deutsche Lufthansa
AG
Europe Germany 05/05/2017 Annual All For
1122980 DE0008303504 TAG Immobilien AG Europe Germany 16/05/2017 Annual All For
1121259 DE0008402215 Hannover Rueck SE Europe Germany 10/05/2017 Annual All For
1120649 DE0008404005 Allianz SE Europe Germany 03/05/2017 Annual All For
1121125 DE0008430026 Muenchener
Rueckversicherungs
-Gesellschaft AG
Europe Germany 26/04/2017 Annual Against 5
6,9
Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
Proposed term in policy exceeds appropriate limit
1123006 DE000A0D6554 Nordex SE Europe Germany 30/05/2017 Annual Against 4 Concerns related to Non-audit fees
1121296 DE000A0D9PT0 MTU Aero Engines
AG
Europe Germany 04/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1123440 DE000A0DJ6J9 SMA Solar
Technology AG
Europe Germany 23/05/2017 Annual Against 6 Apparent failure to link pay and appropriate
performance
1131035 DE000A0DNAY5 Bet-At-Home.com
AG
Europe Germany 17/05/2017 Annual Against 6.1 Lack of independence on board
1121146 DE000A0HN5C6 Deutsche Wohnen
AG
Europe Germany 02/06/2017 Annual Against 9
8
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
1125070 DE000A0JBPG2 PNE Wind AG Europe Germany 31/05/2017 Annual Against 9
8
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
1122971 DE000A0JK2A8 Aurelius Equity
Opportunities SE &
Co KGaA
Europe Germany 21/06/2017 Annual All For
1122979 DE000A0LD2U1 alstria office REIT-
AG
Europe Germany 16/05/2017 Annual Against 7 Apparent failure to link pay & appropriate
performance
1122944 DE000A0LD6E6 Gerresheimer AG Europe Germany 26/04/2017 Annual All For
1123462 DE000A0S8488 Hamburger Hafen
und Logistik AG
Europe Germany 21/06/2017 Annual Against 7.1,7.2,7.3,8.1,8.2,8.3
6.1,6.2,6.5
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1141905 DE000A0STST2 Tom Tailor Holding
SE
Europe Germany 31/05/2017 Annual Against 8
5
Concerns about overall board structure 2- Concerns
about reducing shareholder rights
Issue of capital raises concerns about excessive
dilution of existing shareholders
1123206 DE000A0WMPJ6 Aixtron SE Europe Germany 09/05/2017 Annual Against 5 Lack of independent representation at board
committees
1133477 DE000A0Z1JH9 PSI Software AG Europe Germany 16/05/2017 Annual All For
1122983 DE000A0Z2ZZ5 freenet AG Europe Germany 01/06/2017 Annual All For
1124046 DE000A111338 SLM Solutions
Group AG
Europe Germany 02/06/2017 Annual Against 6 Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
1112362 DE000A12B8Z4 TLG Immobilien AG Europe Germany 23/05/2017 Annual All For
1112372 DE000A12UKK6 Rocket Internet SE Europe Germany 02/06/2017 Annual Against 10
9
14
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
Proposed term in policy exceeds appropriate limit
1123432 DE000A161N30 Grenke AG Europe Germany 11/05/2017 Annual Against 7 Apparent failure to link pay & appropriate
performance
1121261 DE000A1DAHH0 Brenntag AG Europe Germany 08/06/2017 Annual All For
1120697 DE000A1EWWW0 adidas AG Europe Germany 11/05/2017 Annual All For 6
1138211 DE000A1EWWW0 adidas AG Europe Germany 11/05/2017 Annual All For
1123003 DE000A1H8BV3 NORMA Group SE Europe Germany 23/05/2017 Annual All For
1112514 DE000A1H8MU2 Adler Modemarkte
AG
Europe Germany 24/05/2017 Annual All For
1121300 DE000A1J5RX9 Telefonica
Deutschland
Holding AG
Europe Germany 09/05/2017 Annual Against 6.1,6.2,6.3,6.4,6.5,6.7,6.8 Concerns about overall board structure
1147650 DE000A1K0300 euromicron AG Europe Germany 14/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1121172 DE000A1ML7J1 Vonovia SE Europe Germany 16/05/2017 Annual Against 6 Issue of capital raises concerns about excessive
dilution of existing shareholders
1121275 DE000A1PHFF7 Hugo Boss AG Europe Germany 23/05/2017 Annual All For
1122525 DE000A2AADD2 innogy SE Europe Germany 24/04/2017 Annual Against 7
8.2,8.3
9.1a
Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
Concerns about reducing shareholder rights
Overboarded/Too many other time commitments
1120657 DE000BASF111 BASF SE Europe Germany 12/05/2017 Annual All For
1115502 DE000BAY0017 Bayer AG Europe Germany 28/04/2017 Annual All For
1120645 DE000CBK1001 Commerzbank AG Europe Germany 03/05/2017 Annual Against 9 Concerns about reducing shareholder rights
1121160 DE000ENAG999 E.ON SE Europe Germany 10/05/2017 Annual All For
1121173 DE000EVNK013 Evonik Industries AG Europe Germany 23/05/2017 Annual All For
1123199 DE000KC01000 Kloeckner & Co SE Europe Germany 12/05/2017 Annual Against 8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1112550 DE000KGX8881 KION GROUP AG Europe Germany 11/05/2017 Annual Against 8 Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
1121287 DE000KSAG888 K+S
Aktiengesellschaft
Europe Germany 10/05/2017 Annual All For
1112549 DE000LEG1110 LEG Immobilien AG Europe Germany 17/05/2017 Annual Against 6,7 Issue of capital raises concerns about excessive
dilution of existing shareholders 2- Proposed term
in policy exceeds appropriate limit
1123425 DE000PAT1AG3 Patrizia Immobilien
AG
Europe Germany 22/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1121165 DE000PSM7770 ProSiebenSat.1
Media SE
Europe Germany 12/05/2017 Annual Against 5 Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
1121253 DE000SYM9999 Symrise AG Europe Germany 17/05/2017 Annual All For
1122994 DE000TLX1005 Talanx AG Europe Germany 11/05/2017 Annual Against 10
8
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
1121176 DE000UNSE018 Uniper SE Europe Germany 08/06/2017 Annual Against 6,7,9 Apparent failure to link pay & appropriate
performance
1123990 DE000WACK012 Wacker Neuson SE Europe Germany 30/05/2017 Annual Against 6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1123421 DE000WCH8881 Wacker Chemie AG Europe Germany 19/05/2017 Annual All For
1123477 DE000XNG8888 XING AG Europe Germany 16/05/2017 Annual All For
1112348 DE000ZAL1111 Zalando SE Europe Germany 31/05/2017 Annual All For
1118623 DK0010201102 Koebenhavns
Lufthavne
Europe Denmark 04/04/2017 Annual All For
1111927 DK0010219153 Rockwool
International A/S
Europe Denmark 05/04/2017 Annual Abstain 6c Lack of independence on board
1130887 DK0010247600 Gyldendal A/S Europe Denmark 25/04/2017 Annual All For
1111918 DK0010253921 Schouw & Co. Europe Denmark 20/04/2017 Annual All For
1111918 DK0010253921 Schouw & Co. Europe Denmark 20/04/2017 Annual All For 6
1105444 DK0010268606 Vestas Wind
System A/S
Europe Denmark 06/04/2017 Annual All For
1110998 DK0010287663 NKT A/S Europe Denmark 21/04/2017 Annual Abstain Against 8
9f
9d,9e
Fund manager vote
Fund Manager Vote
Issue of equity raises concerns about excessive
dilution of existing shareholders
1110998 DK0010287663 NKT A/S Europe Denmark 21/04/2017 Annual All For
1128308 DK0010307958 Jyske Bank A/S Europe Denmark 20/04/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1128308 DK0010307958 Jyske Bank A/S Europe Denmark 20/04/2017 Special Against 1.2 Issue of equity raises concerns about excessive
dilution of existing shareholders
1128308 DK0010307958 Jyske Bank A/S Europe Denmark 20/04/2017 Special Against 1.2,1.3 Fund manager vote
1148666 DK0010307958 Jyske Bank A/S Europe Denmark 02/06/2017 Special All For
1125321 DK0015202451 H+H International
A/S
Europe Denmark 26/04/2017 Annual All For
1118423 DK0015250344 Alm. Brand A/S Europe Denmark 26/04/2017 Annual Abstain 4b,4d,4f,4h Lack of independence on board
1118423 DK0015250344 Alm. Brand A/S Europe Denmark 26/04/2017 Annual Abstain 4a,4b,4d,4f,4h Fund Manager Vote
1111973 DK0015998017 Bavarian Nordic A/S Europe Denmark 25/04/2017 Annual All For
1111973 DK0015998017 Bavarian Nordic A/S Europe Denmark 25/04/2017 Annual Against 5b Apparent failure to link pay & appropriate
performance
1111964 DK0060036564 Spar Nord Bank A/S Europe Denmark 26/04/2017 Annual All For
1111964 DK0060036564 Spar Nord Bank A/S Europe Denmark 26/04/2017 Annual Against 5 Insufficient/poor disclosure
1113122 DK0060083210 D/S Norden Europe Denmark 05/04/2017 Annual All For
1111940 DK0060477503 TopDanmark AS Europe Denmark 04/04/2017 Annual Against 4e1
1111940 DK0060477503 TopDanmark AS Europe Denmark 04/04/2017 Annual Abstain Against 6
5b,5c,5d,5e
5a
4e1
4a1
Concerns related to Non-audit fees
Lack of independence on board
Lack of independence on board
Concerns to protect shareholder value
1133335 DK0060495240 SimCorp A/S Europe Denmark 26/04/2017 Special All For
1111969 DK0060497295 Matas A/S Europe Denmark 29/06/2017 Annual All For
1110914 DK0060634707 Royal Unibrew A/S Europe Denmark 27/04/2017 Annual All For
1113061 DK0060696300 Scandinavian
Tobacco Group A/S
Europe Denmark 26/04/2017 Annual All For
1135596 EGS30031C016 Arabian Food
Industries Ltd
DOMTY
Emerging Markets Egypt 23/04/2017 Annual Against 6 Insufficient/poor disclosure
1124758 EGS33041C012 Oriental Weavers Emerging Markets Egypt 02/04/2017 Annual/Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1137088 EGS69101C011 EFG Hermes
Holding SAE
Emerging Markets Egypt 27/04/2017 Annual Against 7,9
6
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1127366 ES0105015012 Lar Espana Real
Estate Socimi SA
Europe Spain 26/05/2017 Annual All For
1118668 ES0105019006 Hispania Activos
Inmobiliarios
SOCIMI SA
Europe Spain 06/04/2017 Annual All For
1151894 ES0105022000 Applus Services SA Europe Spain 20/06/2017 Annual All For
1126184 ES0105025003 Merlin Properties
SOCIMI, SA
Europe Spain 25/04/2017 Annual Against 9
7.1
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
1151551 ES0105026001 Axiare Patrimonio
SOCIMI SA
Europe Spain 19/06/2017 Annual Against 6 Apparent failure to link pay & appropriate
performance Insufficient/poor disclosure
1126169 ES0105046009 AENA S.A. Europe Spain 25/04/2017 Annual All For
1127367 ES0105066007 Cellnex Telecom
S.A.
Europe Spain 26/04/2017 Annual All For
1153424 ES0105075008 EUSKALTEL S.A. Europe Spain 26/06/2017 Annual All For
1151129 ES0105128005 Telepizza Group,
S.A.U.
Europe Spain 21/06/2017 Annual Against 4 Apparent failure to link pay & appropriate
performance
1123086 ES0105630315 CIE Automotive S.A. Europe Spain 04/05/2017 Annual Against 5 Apparent failure to link pay & appropriate
performance
4
1149234 ES0109067019 Amadeus IT Group
SA
Europe Spain 14/06/2017 Annual All For
1124503 ES0109427734 Atresmedia
Corporacion de
Medios de
Comunicacion SA
Europe Spain 19/04/2017 Annual Against 5
3
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
1118359 ES0111845014 Abertis
Infraestructuras S.A
Europe Spain 02/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1144410 ES0112501012 Ebro Foods S.A Europe Spain 31/05/2017 Annual Against 4,10
6.3,6.5
6.2
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure
Concerns about overall board structure
1120316 ES0113790226 Banco Popular
Espanol S.A
Europe Spain 09/04/2017 Annual Against 8 Apparent failure to link pay & appropriate
performance
1118669 ES0113900J37 Banco Santander
S.A.
Europe Spain 06/04/2017 Annual All For
1126179 ES0115056139 Bolsas y Mercados
Espanoles,
Sociedad Holding
de Mercados y
Sistemas
Financieros
Europe Spain 26/04/2017 Annual Against 3.3,3.4
3.2
Lack of independence on board
Lack of independence on board
1120460 ES0116870314 Gas Natural SDG S.A Europe Spain 20/04/2017 Annual Against 10,11 Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
1116902 ES0116920333 Grupo Catalana
Occidente S.A.
Europe Spain 27/04/2017 Annual Against 9,10.1,10.2,10.3,11
5.2,5.3
5.1
Apparent failure to link pay & appropriate
performance
Lack of independence on board
Lack of independence on board
1150350 ES0117160111 Corporacion
Financiera Alba S.A.
Europe Spain 19/06/2017 Annual Against 6 Apparent failure to link pay & appropriate
performance Insufficient/poor disclosure
1131524 ES0118594417 Indra Sistemas S.A. Europe Spain 28/06/2017 Annual All For
1117155 ES0118900010 Ferrovial SA Europe Spain 04/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1148384 ES0121975009 Construcciones y
Auxiliar de
Ferrocarriles S.A.
Europe Spain 10/06/2017 Annual Against 9
6
4.1,5
8
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance Insufficient/poor disclosure
Concerns about reducing shareholder rights
Issue of capital raises concerns about excessive
dilution of existing shareholders Insufficient/poor
disclosure
1153425 ES0122060314 Fomento de
Construcciones y
Contratas, S.A.
Europe Spain 28/06/2017 Annual Against 5.2
4.1
Apparent failure to link pay & appropriate
performance Insufficient/poor disclosure
Lack of independence on board
1135182 ES0125220311 Acciona S.A Europe Spain 17/05/2017 Annual Against 7,9
8
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
1126177 ES0126775032 Distribuidora
Internacional De
Alimentacion SA
Europe Spain 27/04/2017 Annual All For
1107463 ES0127797019 EDP Renovaveis S.A. Europe Spain 06/04/2017 Annual All For
1126176 ES0130670112 Endesa S.A. Europe Spain 26/04/2017 Annual All For
1145983 ES0132105018 Acerinox S.A. Europe Spain 31/05/2017 Annual Against 8
5
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1137126 ES0132945017 Tubacex S.A. Europe Spain 23/05/2017 Annual Against 7
5,6
Apparent failure to link pay & appropriate
performance
Issue of capital raises concerns about excessive
dilution of existing shareholders
1143304 ES0134950F36 Faes Farma, S.A. Europe Spain 12/06/2017 Annual All For
1131733 ES0137650018 Fluidra S.A. Europe Spain 03/05/2017 Annual All For
1152880 ES0139140174 Inmobiliaria
Colonial S.A.
Europe Spain 28/06/2017 Annual Against 9
10
Apparent failure to link pay & appropriate
performance
Insufficient/poor disclosure Apparent failure to link
pay & appropriate performance
1116048 ES0140609019 CaixaBank SA Europe Spain 06/04/2017 Annual All For
1134829 ES0142090317 Obrascon Huarte
Lain S.A.
Europe Spain 09/05/2017 Annual Against 8
7
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
1150364 ES0143416115 Gamesa
Corporacion
Tecnologica S.A.
Europe Spain 20/06/2017 Annual All For
1132449 ES0147561015 Iberpapel Gestion
S.A.
Europe Spain 23/05/2017 Annual All For
1127734 ES0152503035 Mediaset Espana
Comunicacion SA
Europe Spain 27/04/2017 Annual Against 6,7 Apparent failure to link pay & appropriate
performance
1116931 ES0157097017 Almirall S.A Europe Spain 03/05/2017 Annual Against 5 Apparent failure to link pay & appropriate
performance
7,8
1149748 ES0161560018 NH Hotel Group SA Europe Spain 29/06/2017 Annual All For
1150752 ES0164180012 Miquel y Costas &
Miquel, SA
Europe Spain 19/06/2017 Annual Against 6 Apparent failure to link pay & appropriate
performance
1127364 ES0167050915 Acs, Actividades de
Construccion y
Servicios S.A
Europe Spain 03/05/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
6
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1154124 ES0168561019 Papeles y Cartones
de Europa S.A.
Europe Spain 28/06/2017 Annual Against 4,5
11
10
Apparent failure to link pay & appropriate
performance
Lack of independence on board
Lack of independence on board
1123529 ES0168675090 Liberbank SA Europe Spain 19/04/2017 Annual All For
1153995 ES0169501030 Pharma Mar SA Europe Spain 28/06/2017 Annual Against 7 Apparent failure to link pay & appropriate
performance Insufficient/poor disclosure
1154466 ES0171743901 Promotora de
Informaciones S.A
Europe Spain 29/06/2017 Annual Against 4.2
4.1
6,7
Lack of independence on board
Lack of independence on board
Apparent failure to link pay & appropriate
performance Insufficient/poor disclosure
1141673 ES0171996087 Grifols SA Europe Spain 25/05/2017 Annual Against 8
7
9
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
Concerns about reducing shareholder rights
1130789 ES0173516115 Repsol SA Europe Spain 18/05/2017 Annual Against 12 Concerns about overall board structure
1152623 ES0173908015 Realia Business S.A. Europe Spain 27/06/2017 Annual Against 4 Issue of capital raises concerns about excessive
dilution of existing shareholders
1145971 ES0175438003 Prosegur Compania
de Seguridad S.A.
Europe Spain 29/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1148312 ES0176252718 Melia Hotels
International SA
Europe Spain 08/06/2017 Annual Against 6 Apparent failure to link pay & appropriate
performance Insufficient/poor disclosure
1148065 ES0177542018 International
Consolidated
Airlines Group SA
Europe Spain 14/06/2017 Annual All For
1151900 ES0178165017 Tecnicas Reunidas
S.A
Europe Spain 29/06/2017 Annual All For
1150749 ES0178430E18 Telefonica S.A. Europe Spain 08/06/2017 Annual All For
1148004 ES0178430E18 Telefonica S.A. Europe Spain 08/06/2017 Annual All For
1148093 ES0182870214 Sacyr SA Europe Spain 07/06/2017 Annual Against 4 Apparent failure to link pay & appropriate
performance
1143766 ES0183746314 Vidrala S.A. Europe Spain 30/05/2017 Annual Against 6
5
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure
1120010 ES0184262212 VISCOFAN S.A. Europe Spain 26/04/2017 Annual All For
1134822 ES0184933812 Zardoya Otis S.A. Europe Spain 23/05/2017 Annual Against 7,8
6
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
5
1154562 EST01PA00013 Cemex Latam
Holdings SA
Europe Spain 29/06/2017 Annual Against 5,6,7 Apparent failure to link pay & appropriate
performance
1110983 FI0009000202 Kesko Oyj Europe Finland 03/04/2017 Annual All For
1130166 FI0009000459 Huhtamaki Oyj Europe Finland 27/04/2017 Annual All For
1111356 FI0009000681 Nokia Corp. Europe Finland 23/05/2017 Annual All For
1110574 FI0009003305 Sampo Oyj Europe Finland 27/04/2017 Annual All For
1110858 FI0009005318 Nokian Tyres Oyj Europe Finland 10/04/2017 Annual Against 14
18
17
Concerns related to Non-audit fees
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
1110575 FI0009005961 Stora Enso Oyj Europe Finland 27/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1114966 FI0009006308 HKScan Oyj Europe Finland 06/04/2017 Annual Against 12 Lack of independence on board
1110589 FI0009007132 Fortum Oyj Europe Finland 04/04/2017 Annual All For
1118434 FI0009007264 Bittium Corporation Europe Finland 12/04/2017 Annual Against 16 Issue of equity raises concerns about excessive
dilution of existing shareholders
1110851 FI0009007884 Elisa Corporation Europe Finland 06/04/2017 Annual Against 13 Concerns related to Non-audit fees
1110586 FI0009013296 Neste Oyj Europe Finland 05/04/2017 Annual All For
1113067 FI4000008719 Tikkurila OY Europe Finland 04/04/2017 Annual All For
1125231 FI4000029905 Scanfil Oyj Europe Finland 26/04/2017 Annual Against 12 Lack of independence on board
1114974 FI4000048418 Ahlstrom-Munksjo
Oyj
Europe Finland 16/05/2017 Annual All For
1118067 FI4000081138 Lehto Group Oyj Europe Finland 11/04/2017 Annual All For
1110995 FO0000000179 Bakkafrost P/F Europe Faroe
Islands
07/04/2017 Annual Against 5
13
Concerns about overall board structure
Insufficient/poor disclosure
1108669 FR0000031122 Air France Klm Europe France 16/05/2017 Annual/Special Against 10
5
19,20,21,22,23,24,25
Apparent failure to link pay and appropriate
performance
Overboarded/Too many other time commitments
Poison pill/anti-takeover measure not in investors
interests
1116439 FR0000031577 Virbac Europe France 23/06/2017 Annual/Special Against 9,10,12
7
5
14
Apparent failure to link pay and appropriate
performance
Insufficient basis to support a decision
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1119504 FR0000031775 Vicat Europe France 18/04/2017 Annual/Special Against 12,13
6
7
Apparent failure to link pay and appropriate
performance
Poison pill/anti-takeover measure not in investors
interests
Proposed term in policy exceeds appropriate limit
1115498 FR0000032526 Guerbet Europe France 19/05/2017 Annual/Special Against 5,7,8,9
4
15
10,12
11,13
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Poison pill/anti-takeover measure not in investors
interests
Proposed term in policy exceeds appropriate limit
Proposed term in policy exceeds appropriate
limitLack of independence on board
1134598 FR0000033904 Jacquet Metal
Service
Europe France 30/06/2017 Annual/Special Against 9,10,11,12
7,13
6
16
Apparent failure to link pay & appropriate
performance
Concerns related to inappropriate service contract(s)
Concerns to protect shareholder value
Poison pill/anti-takeover measure not in investors
interests
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1120577 FR0000034639 Altran Technologies Europe France 28/04/2017 Annual/Special Against 9,10,11,12
6
17
Apparent failure to link pay and appropriate
performance
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
1122527 FR0000035081 Icade Europe France 20/04/2017 Annual/Special Against 19
18
16
Concerns to protect shareholder value
Concerns to protect shareholder value
Poison pill/anti-takeover measure not in investors
interests
1152364 FR0000036857 Societe
internationale de
plantations d
heveas SIPH
Europe France 28/06/2017 Annual/Special Against 8
5
Apparent failure to link pay and appropriate
performance
Insufficient basis to support a decision
1125706 FR0000038259 Eurofins Scientific
SE
Europe Luxembour
g
20/04/2017 Annual/Special Against 16,18 Concerns to protect shareholder value
1115446 FR0000039299 Bollore Europe France 01/06/2017 Annual/Special Against 13,14,15,16,6
6
11
7,8
12,1,2,3
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate service contract(s)
Insufficient basis to support a decision
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1115869 FR0000044448 Nexans Europe France 11/05/2017 Annual/Special Against 8,22
5
4
Apparent failure to link pay and appropriate
performance
Lack of independence on board
Lack of independence on boardConcerns related to
attendance at board or committee meetings
1115077 FR0000045072 Credit agricole SA Europe France 24/05/2017 Annual/Special Against 24,25
8,9,11
14,15,19,20,22
Apparent failure to link pay and appropriate
performance
Insufficient justification for related party transaction
Lack of independence on board
1115511 FR0000050353 Lisi Europe France 25/04/2017 Annual/Special Against 12,13,14
3
6
7
15
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate service contract(s)
Lack of independence on board
Lack of independence on boardConcerns about
overall performance
Poison pill/anti-takeover measure not in investors
interests
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1140477 FR0000050809 Sopra Steria Group Europe France 13/06/2017 Annual/Special Against 6,7,8,9
17
5
15
13
12
Apparent failure to link pay & appropriate
performance
Concerns about reducing shareholder rights
Concerns related to inappropriate service
contract(s)
Insufficient basis to support a decision
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interests
1117631 FR0000051732 Atos SE Europe France 24/05/2017 Annual/Special Against 13,17
11
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate service contract(s)
1118963 FR0000051807 Teleperformance SE Europe France 23/06/2017 Annual/Special Against 5,6,7,8 Apparent failure to link pay and appropriate
performance
1116935 FR0000052292 Hermes
International
Europe France 06/06/2017 Annual/Special Against 7,8
5
10,11,12,13
6,18,19,23
20,22
Apparent failure to link pay and appropriate
performance
Insufficient basis to support a decision
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interestsIssue of equity raises concerns about
excessive dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1150637 FR0000053027 MGI Coutier Europe France 28/06/2017 Annual/Special Against 8,10,11,12,13,14
4
6
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate service contract(s)
Poison pill/anti-takeover measure not in investors
interests
1122364 FR0000053225 Metropole
Television
Europe France 26/04/2017 Annual/Special Against 8,9,10,11
5,6,7
14
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate service contract
Poison pill/anti-takeover measure not in investors
interests
1129220 FR0000053399 Constructions
industrielles de la
Mediterranee CNIM
Europe France 07/06/2017 Annual/Special Against 7
8
Apparent failure to link pay and appropriate
performance
Poison pill/anti-takeover measure not in investors
interests
1115454 FR0000053506 Cegedim Europe France 15/06/2017 Annual Against 8
5
1
9
Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
Concerns related to inappropriate service
contract(s)
Insufficient basis to support a decision
Proposed term in policy exceeds appropriate limit
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1109003 FR0000054900 Television francaise
1 TF1
Europe France 13/04/2017 Annual/Special Against 6,8,24
5
3
10
14,15,16,17,19,20,21
18
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate service contract
Insufficient basis to support a decision
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interestsConcerns to protect shareholder value
1116413 FR0000060402 Albioma Europe France 31/05/2017 Annual/Special Against 5
13
22
Apparent failure to link pay and appropriate
performance
Overboarded/Too many other time commitments
Poison pill/anti-takeover measure not in investors
interests
1116405 FR0000060618 Rallye Europe France 10/05/2017 Annual/Special Against 19,20,21,22,23,24,35,36,37
41
16,17
5
25
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Insufficient basis to support a decision
Insufficient justification for related party transaction
Poison pill/anti-takeover measure not in investors
interests
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1152307 FR0000060873 Marie Brizard Wine
and Spirits
Europe France 27/06/2017 Annual/Special Against 7,9
10
13
Apparent failure to link pay and appropriate
performance
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
1116973 FR0000061129 Boiron Europe France 18/05/2017 Annual/Special Against 14
6,7,8,9,10
5
4
15
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure 2- Lack of
independence on board
Concerns about overall board structure 2- Lack of
independence on board
Concerns related to inappropriate service
contract(s)
Poison pill/anti-takeover measure not in investors
interests
1120692 FR0000064271 Stef Europe France 10/05/2017 Annual/Special Against 4
5,6
12
Insufficient justification for related party transaction
Lack of independence on boardProposed term in
policy exceeds appropriate limit
Poison pill/anti-takeover measure not in investors
interests
1115490 FR0000064578 Fonciere des
Regions
Europe France 26/04/2017 Annual/Special All For
1116922 FR0000065484 Lectra Europe France 28/04/2017 Annual/Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1115863 FR0000071946 Alten Europe France 22/06/2017 Annual/Special Against 10,11
4
27
Apparent failure to link pay & appropriate
performance
Concerns related to inappropriate service contract(s)
Concerns to protect shareholder value
1116408 FR0000073272 Safran Europe France 15/06/2017 Annual/Special Against 5
4
24,25,26,27,28
23
Concerns related to inappropriate service contract(s)
Concerns related to inappropriate service
contract(s)
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interests
1116924 FR0000073298 Ipsos Europe France 28/04/2017 Annual/Special Against 11,14,16,17
5
7,8
Apparent failure to link pay and appropriate
performance
Insufficient justification for related party transaction
Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1115435 FR0000074148 Assystem Europe France 16/05/2017 Annual/Special Against 28
12,13,14,15,26,27
11
30
20,23
8
17,19,21,25
22
A: Apparent failure to link pay & appropriate
performance
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholdersPoison pill/anti-
takeover measure not in investors interests
Overboarded/Too many other time commitments
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interestsConcerns to protect shareholder value
1115500 FR0000077919 JCDecaux SA Europe France 11/05/2017 Annual/Special Against 11,15,25,26
18,19,20,23
16,21,22
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholdersPoison pill/anti-
takeover measure not in investors interests
Poison pill/anti-takeover measure not in investors
interests
1114190 FR0000120073 L Air Liquide Europe France 03/05/2017 Annual/Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1115448 FR0000120107 Savencia SA Europe France 27/04/2017 Annual/Special Against 21
7
24
25,28
22,31
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
Concerns to protect shareholder value
Insufficient/poor disclosure
Poison pill/anti-takeover measure not in investors
interests
1143918 FR0000120172 Carrefour Europe France 15/06/2017 Annual/Special Against 12,13
11
5,6
4
7
Apparent failure to link pay & appropriate
performance
Concerns related to inappropriate service
contract(s)
Lack of independence on board
Lack of independence on board
Overboarded/Too many other time commitments
1115457 FR0000120222 CNP Assurances Europe France 13/04/2017 Annual/Special Against 22
5,6
13,14,15,16,18,19
20,21
Insufficient/poor disclosure
Insufficient/poor disclosureConcerns to protect
shareholder value
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1115457 FR0000120222 CNP Assurances Europe France 13/04/2017 Annual/Special Against 22
4,5
13,14,15,16,18,19
20,21
Insufficient/poor disclosure
Insufficient/poor disclosureConcerns to protect
shareholder value
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
1116420 FR0000120271 Total SA Europe France 26/05/2017 Annual/Special All For
1147622 FR0000120271 Total SA Europe France 26/05/2017 Annual/Special All For
1115514 FR0000120321 L Oreal Europe France 20/04/2017 Annual/Special Against 8 Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
1108863 FR0000120354 Vallourec Europe France 12/05/2017 Annual/Special Against 26
31
Apparent failure to link pay & appropriate
performance
Concerns to protect shareholder value
1122501 FR0000120404 Accor Europe France 05/05/2017 Annual/Special Against 11
21,27
A
Concerns related to inappropriate service contract
Poison pill/anti-takeover measure not in investors
interests
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
1153072 FR0000120404 Accor Europe France 30/06/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1115449 FR0000120503 Bouygues Europe France 27/04/2017 Annual/Special Against 12,28
6,7
27
4
15
16,18,19,24,29
20,21,23,25,26
22
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate service contract
Concerns to protect shareholder value
Insufficient justification for related party transaction
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interestsIssue of equity raises concerns about
excessive dilution of existing shareholders
Poison pill/anti-takeover measure not in investors
interestsIssue of equity raises concerns about
excessive dilution of existing shareholdersConcerns
to protect shareholder value
1115867 FR0000120560 Neopost Europe France 30/06/2017 Annual/Special All For
1116409 FR0000120578 Sanofi Europe France 10/05/2017 Annual/Special All For
1115436 FR0000120628 Axa Europe France 26/04/2017 Annual/Special Against 29 Apparent failure to link pay and appropriate
performance
1116873 FR0000120644 Danone Europe France 27/04/2017 Annual/Special Against 6 Concerns about overall board structure
1121194 FR0000120685 Natixis Europe France 23/05/2017 Annual/Special Against 7
4
11
Apparent failure to link pay and appropriate
performance
Insufficient basis to support a decision
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1116930 FR0000120859 Imerys Europe France 03/05/2017 Annual/Special Against 5,23,24
4
17
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate service contract
Concerns to protect shareholder value
1115445 FR0000120966 Societe Bic Europe France 10/05/2017 Annual/Special Against 14,19
6,7
5
Apparent failure to link pay and appropriate
performanceConcerns related to inappropriate
service contracts
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
1115516 FR0000121014 LVMH Moet
Hennessy Louis
Vuitton
Europe France 13/04/2017 Annual/Special Against 14,15,27
16
11,12,13
30,31
18
3
21,22,23,24,25
5,6,7,8
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
Concerns about overall board structure
Concerns about reducing shareholder rights
Concerns to protect shareholder value 2- Poison
pill/anti-takeover measure not in investors interests
Insufficient justification for related party transaction
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1120617 FR0000121121 Eurazeo Europe France 11/05/2017 Annual Against 8,10
13,18
Apparent failure to link pay and appropriate
performance
Poison pill/anti-takeover measure not in investors
interests
1141711 FR0000121147 Faurecia Europe France 30/05/2017 Annual/Special Against 8
5
15
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate service contract
Overboarded/Too many other time commitments
1136026 FR0000121204 Wendel Europe France 18/05/2017 Annual/Special Against 14,15,17,18,31,32
6
4,5
29
Apparent failure to link pay & appropriate
performance
Concerns related to inappropriate service contract(s)
Concerns related to inappropriate service
contract(s)
Issue of capital raises concerns about excessive
dilution of existing shareholders
1116407 FR0000121253 Rubis Europe France 08/06/2017 Annual/Special Against 25,28 Concerns to protect shareholder value
1120681 FR0000121261 Compagnie
Generale des
Etablissements
Michelin
Europe France 19/05/2017 Annual/Special All For
1116418 FR0000121329 Thales Europe France 17/05/2017 Annual/Special Against 4,5,11,12,13 Lack of independence on board
1120608 FR0000121485 Kering Europe France 27/04/2017 Annual/Special Against 8,9,10 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1121063 FR0000121501 Peugeot SA Europe France 10/05/2017 Annual/Special Against 16,17
9,10,11
32
Apparent failure to link pay and appropriate
performance
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
1118870 FR0000121634 Colas Europe France 11/04/2017 Annual/Special Against 14
16
11
12,18,22
19,20,21
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Insufficient basis to support a decision
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interestsIssue of equity raises concerns about
excessive dilution of existing shareholders
1129965 FR0000121667 Essilor International Europe France 11/05/2017 Annual/Special Against 11,12
4
Apparent failure to link pay & appropriate
performance
Concerns related to inappropriate service contract(s)
1115870 FR0000121691 NRJ Group Europe France 18/05/2017 Annual/Special Against 4,7
10
Apparent failure to link pay & appropriate
performance
Insufficient basis to support a decision
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1116411 FR0000121709 Seb SA Europe France 11/05/2017 Annual/Special Against 9,10,18
15
6,7
11,13,14,17
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholdersPoison pill/anti-
takeover measure not in investors interests
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
1119677 FR0000121725 Dassault Aviation Europe France 18/05/2017 Annual/Special Against 5,6,7,8
10
14
Apparent failure to link pay and appropriate
performance
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
1131537 FR0000121881 Havas Europe France 10/05/2017 Annual/Special Against 15,16
6
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1115503 FR0000121964 Klepierre Europe France 18/04/2017 Annual/Special Against 11
23
Apparent failure to link pay and appropriate
performance
Proposal promotes appropriate accountability or
incentivisation
1116410 FR0000121972 Schneider Electric
SE
Europe France 25/04/2017 Annual/Special Against 10,11,13,14 Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1116429 FR0000124141 Veolia
Environnement
Europe France 20/04/2017 Annual/Special Against 10
11
5
14
Apparent failure to link pay & appropriate
performance 2- Fund manager or client vote
Apparent failure to link pay and appropriate
performance
Concerns related to potential conflict of interests
Concerns related to succession planning
1116429 FR0000124141 Veolia
Environnement
Europe France 20/04/2017 Annual/Special Against 11
5
14
Apparent failure to link pay and appropriate
performance
Concerns related to potential conflict of interests
Concerns related to succession planning
10
1119500 FR0000124570 Compagnie Plastic
Omnium
Europe France 27/04/2017 Annual/Special Against 13,14
12
11
4
16
17,18,19
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay and appropriate
performance
Insufficient basis to support a decision
Insufficient justification for related party transaction
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interestsIssue of equity raises concerns about
excessive dilution of existing shareholders
1108442 FR0000124711 Unibail Rodamco SE Europe France 25/04/2017 Annual/Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1124155 FR0000125007 Compagnie de Saint
Gobain
Europe France 08/06/2017 Annual/Special All For
1115923 FR0000125338 Capgemini Europe France 10/05/2017 Annual/Special All For
1116926 FR0000125346 Ingenico Group Europe France 10/05/2017 Annual/Special Against 9 Apparent failure to link pay and appropriate
performance
1116436 FR0000125486 Vinci Europe France 20/04/2017 Annual/Special All For
1115453 FR0000125585 Casino Guichard
Perrachon
Europe France 05/05/2017 Annual/Special Against 8,26,27,28
34
6
16
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Insufficient justification for related party transaction
Poison pill/anti-takeover measure not in investors
interests
1116440 FR0000127771 Vivendi Europe France 25/04/2017 Annual/Special Against 6,7,8,9,10,12,13
3
14,16,17
15
19,21,22
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate service contract(s)
Lack of independence on board
Lack of independence on boardOverboarded/Too
many other time commitments
Poison pill/anti-takeover measure not in investors
interests
1115510 FR0000130213 Lagardere SCA Europe France 04/05/2017 Annual/Special Against 5,6 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1119378 FR0000130403 Christian Dior Europe France 13/04/2017 Annual/Special Against 9,10
8
12,13
3
11
7
5
Apparent failure to link pay and appropriate
performance 1- Insufficient/poor disclosure
Concerns about overall board structure
Concerns about reducing shareholder rights
Insufficient basis to support a decision 2-
Insufficient justification for related party transaction
Insufficient/poor disclosure
Lack of independence on board
Lack of independence on board Overboarded/Too
many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1111735 FR0000130452 Eiffage Europe France 19/04/2017 Annual/Special Against 10,23
25
22
16,17,18
21
19,20
Apparent failure to link pay and appropriate
performance
Concerns about reducing shareholder rights
Concerns to protect shareholder value
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interestsIssue of equity raises concerns about
excessive dilution of existing shareholders
Poison pill/anti-takeover measure not in investors
interestsIssue of equity raises concerns about
excessive dilution of existing shareholdersConcerns
to protect shareholder value
1143703 FR0000130577 Publicis Groupe Europe France 31/05/2017 Annual/Special Against 11,12,13,14
21
8
6
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate service contract
Insufficient basis to support a decision
Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127735 FR0000130650 Dassault Systemes Europe France 23/05/2017 Annual/Special Against 7
11
15,17,18,19,20
21
Apparent failure to link pay and appropriate
performanceConcerns related to inappropriate
service contract
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interestsIssue of equity raises concerns about
excessive dilution of existing shareholders
1116415 FR0000130809 Societe Generale Europe France 23/05/2017 Annual All For
1143998 FR0000131104 BNP Paribas SA Europe France 23/05/2017 Annual/Special All For
1116974 FR0000131104 BNP Paribas SA Europe France 23/05/2017 Annual/Special All For
1143029 FR0000131906 Renault Europe France 15/06/2017 Annual/Special Against 7
18
14
Apparent failure to link pay & appropriate
performance
Insufficient basis to support a decision
Overboarded/Too many other time commitments
1130061 FR0000133308 Orange Europe France 01/06/2017 Annual/Special Against 29
7,8,9,10,11,12,13,14
17,19,21,22,24,26,28
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay and appropriate
performance
Poison pill/anti-takeover measure not in investors
interests
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1115871 FR0000184798 Orpea Europe France 22/06/2017 Annual/Special Against 10,11,14,15
4
Apparent failure to link pay & appropriate
performance
Concerns related to inappropriate service contract(s)
1122494 FR0004007813 Kaufman et Broad
SA
Europe France 11/05/2017 Annual/Special Against 6,19
14
12,13,15
17
8,10
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
Issue of equity raises concerns about excessive
dilution of existing shareholdersPoison pill/anti-
takeover measure not in investors interests
Poison pill/anti-takeover measure not in investors
interests
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135987 FR0004035913 Iliad Europe France 17/05/2017 Annual/Special Against 11,25
22
4
17,18,20,23
19
16,21,24
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Insufficient / poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholdersPoison pill/anti-
takeover measure not in investors interests
Issue of equity raises concerns about excessive
dilution of existing shareholdersPoison pill/anti-
takeover measure not in investors
interestsConcerns to protect shareholder value
Poison pill/anti-takeover measure not in investors
interests
1115402 FR0004040608 ABC Arbitrage Europe France 16/06/2017 Annual/Special Against 8,10,11
9
Apparent failure to link pay and appropriate
performance
Poison pill/anti-takeover measure not in investors
interests
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1152389 FR0004110310 Esi Group Europe France 29/06/2017 Annual/Special Against 7,10,11
5
4
23
9,16
15
12,13,14,17
Apparent failure to link pay & appropriate
performance
Concerns related to inappropriate membership of
committees
Concerns related to inappropriate service contract(s)
Concerns to protect shareholder value
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interests Issue of equity raises concerns about
excessive dilution of existing shareholders
1120563 FR0004125920 Amundi Europe France 18/05/2017 Annual/Special Against 6,23
4
9,12,13
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1119643 FR0004156297 Linedata Services Europe France 27/04/2017 Annual/Special Against 9,10,31
7
3,6,14
15,21,34
16,17,18,20
19
Apparent failure to link pay and appropriate
performance
Insufficient justification for related party transaction
Insufficient/poor disclosure
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interestsIssue of equity raises concerns about
excessive dilution of existing shareholders
Poison pill/anti-takeover measure not in investors
interestsIssue of equity raises concerns about
excessive dilution of existing shareholdersConcerns
to protect shareholder value
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1150232 FR0004163111 Genfit Europe France 16/06/2017 Annual/Special Against 19,20,32,47,48,55,56,57
8
34,35,59,60
18,46
33,58
9,11,15,23,37,43,51
10,16,38,39,44
12,13,14,40,41,42
26,27,30,52,53
24
25,28,29
Apparent failure to link pay & appropriate
performance
Combined CEO/Chairman
Concerns related to inappropriate service contract(s)
Concerns to protect shareholder value
Insufficient/poor disclosure
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interests Issue of equity raises concerns about
excessive dilution of existing shareholders
Poison pill/anti-takeover measure not in investors
interests Issue of equity raises concerns about
excessive dilution of existing shareholders Concerns
to protect shareholder value
Proposed term in policy exceeds appropriate limit
Proposed term in policy exceeds appropriate limit
Proposed term in policy exceeds appropriate limit
Lack of independence on board
1151309 FR0004170017 Le Noble Age Europe France 21/06/2017 Annual/Special Against 18,19,20,21,22,23,34
5
14
24,26,30,31
27,28,29,32,33
6,7,8,9,11,12
Apparent failure to link pay & appropriate
performance
Concerns related to inappropriate service contract(s)
Insufficient basis to support a decision
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interests Issue of equity raises concerns about
excessive dilution of existing shareholders
Proposed term in policy exceeds appropriate limit
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1141270 FR0004180537 Akka Technologies Europe France 15/06/2017 Annual/Special Against 21,22
4
25
5
14,15,16,18,19
7
17,20,24
12
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
Concerns about reducing shareholder rights
Concerns related to inappropriate service
contract(s)
Issue of capital raises concerns about excessive
dilution of existing shareholders 2- Poison pill/anti-
takeover measure not in investors interests
Lack of independent representation at board
committees
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interests
1129267 FR0004180578 Sword Group SE Europe Luxembour
g
28/04/2017 Annual/Special All For
1115483 FR0004254035 Euler Hermes Group Europe France 24/05/2017 Annual/Special Against 10,12,13
19
17
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Insufficient basis to support a decision
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1152356 FR0004529147 Tessi Europe France 29/06/2017 Annual/Special Against 8,9,25
5,6
15,16,17,19,20
12,18,21
11
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate service contract
Issue of equity raises concerns about excessive
dilution of existing shareholdersPoison pill/anti-
takeover measure not in investors interests
Poison pill/anti-takeover measure not in investors
interests
Proposed term in policy exceeds appropriate limit
1129226 FR0006174348 Bureau Veritas Europe France 16/05/2017 Annual/Special Against 13,16
24
6,7,9,10
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1117063 FR0010040865 Gecina Europe France 26/04/2017 Annual/Special Against 8
6
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate service contract
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1117633 FR0010096479 BioMerieux SA Europe France 30/05/2017 Annual/Special Against 7,8,9,10
27
20,25,26
21,22,23,24
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interestsIssue of equity raises concerns about
excessive dilution of existing shareholders
1135206 FR0010112524 Nexity Europe France 01/06/2017 Annual/Special Against 10
8,9
17,18
Apparent failure to link pay & appropriate
performance
Concerns about overall performance
Concerns to protect shareholder value
1115401 FR0010208488 Engie Europe France 12/05/2017 Annual/Special Against 9 Concerns about overall board structure
1119030 FR0010241638 Mercialys Europe France 27/04/2017 Annual/Special Against 7
8,9,26
30
16
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay and appropriate
performance
Concerns about reducing shareholder rights
Poison pill/anti-takeover measure not in investors
interests
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1115474 FR0010242511 Electricite de France Europe France 18/05/2017 Annual/Special Against 14
7,8,9
Lack of independence on board
Policy Rationale:Insufficient/poor disclosure
1129919 FR0010259150 Ipsen Europe France 07/06/2017 Annual/Special Against 13,14,16,17,27
5,6
29
25
11
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate service contract
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1120554 FR0010307819 Legrand Europe France 31/05/2017 Annual/Special All For
1115434 FR0010313833 Arkema Europe France 23/05/2017 Annual/Special All For
1115403 FR0010340141 Aeroports de Paris
ADP
Europe France 11/05/2017 Annual/Special Against 24,26
32
23
27,28,29,30,31
18
Concerns to protect shareholder value
Insufficient basis to support a decision
Insufficient/poor disclosure
Lack of independence on boardProposed term in
policy exceeds appropriate limit
Poison pill/anti-takeover measure not in investors
interests
1145450 FR0010386334 Korian Europe France 22/06/2017 Annual/Special Against 28
26
15
Concerns to protect shareholder value
Insufficient basis to support a decision
Insufficient basis to support a decision
1120453 FR0010411983 Scor Se Europe France 27/04/2017 Annual/Special Against 21 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127732 FR0010417345 DBV Technologies Europe France 15/06/2017 Annual/Special Against 10,11,14,15
9
4
16
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
Concerns related to inappropriate service
contract(s)
Issue of capital raises concerns about excessive
dilution of existing shareholders 2- Apparent failure
to link pay & appropriate performance
1152282 FR0010425595 Cellectis Europe France 26/06/2017 Annual/Special Against 21,22,23,24,25
4
28
13,14,15,16,17,18,19,26
5,6,7,8,9
Apparent failure to link pay & appropriate
performance
Concerns related to inappropriate service contract(s)
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1132354 FR0010451203 Rexel Europe France 23/05/2017 Annual/Special Against 7,8,12 Apparent failure to link pay and appropriate
performance
1115494 FR0010533075 Groupe Eurotunnel
SE
Europe France 27/04/2017 Annual/Special All For
1118878 FR0010613471 SUEZ Europe France 10/05/2017 Annual/Special Against 4 Lack of independence on board
1118878 FR0010613471 SUEZ Europe France 10/05/2017 Annual/Special Against 9
4
Apparent failure to link pay and appropriate
performance
Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1137599 FR0010667147 Coface SA Europe France 17/05/2017 Annual/Special Against 19
12
6,7,8,9,10,11,14,15,16
5
<p>Apparent failure to link pay and appropriate
performance</p>
<p>Concerns related to attendance at board or
committee meetings</p>
<p>Lack of independence on board</p>
<p>Poison pill/anti-takeover measure not in
investors interests</p>
1116262 FR0010908533 Edenred Europe France 04/05/2017 Annual/Special All For
1126924 FR0010918292 Technicolor Europe France 24/05/2017 Annual/Special All For
1141671 FR0011040500 Axway Software Europe France 06/06/2017 Annual/Special Against 21
10
7
13,14,18
15,16,17
19
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay and appropriate
performance
Insufficient justification for related party transaction
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interestsIssue of equity raises concerns about
excessive dilution of existing shareholders
Poison pill/anti-takeover measure not in investors
interestsIssue of equity raises concerns about
excessive dilution of existing shareholdersConcerns
to protect shareholder value
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139142 FR0011476928 Fnac Darty Europe France 24/05/2017 Annual/Special Against 9,10
19
6,7
20
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
1143716 FR0011594233 Sfr Group Europe France 31/05/2017 Annual/Special Against 5,6,7,9,10,11,25,26
4
12,13,14,15
16,22,23
17,18,19,21
20
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interestsIssue of equity raises concerns about
excessive dilution of existing shareholders
Poison pill/anti-takeover measure not in investors
interestsIssue of equity raises concerns about
excessive dilution of existing shareholdersConcerns
to protect shareholder value
1119661 FR0011726835 Gaztransport et
Technigaz
Europe France 18/05/2017 Annual/Special Against 11,12,13
8
4,6,7
10
Apparent failure to link pay and appropriate
performance
Insufficient basis to support a decision
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139147 FR0011981968 Worldline Europe France 24/05/2017 Annual/Special Against 12,13
18,19,21
23
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
Policy Rationale:Apparent failure to link pay and
appropriate performance
1135213 FR0012435121 Elis Europe France 19/05/2017 Annual/Special Against 12,13,15,16
21
24,25,26,27,28
Apparent failure to link pay and appropriate
performance
Insufficient basis to support a decision
Issue of equity raises concerns about excessive
dilution of existing shareholders
1121162 FR0012757854 Spie SA Europe France 16/05/2017 Annual/Special Against 8 Poison pill/anti-takeover measure not in investors
interests
1141709 FR0012819381 Groupe Guillin Europe France 09/06/2017 Annual/Special Against 7
6
Poison pill/anti-takeover measure not in investors
interests
Proposed term in policy exceeds appropriate
limitConcerns about overall board structure
1148324 FR0012938884 Solocal Group Europe France 13/06/2017 Annual/Special Against 11,12,16 Apparent failure to link pay & appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139148 FR0013153541 Maisons Du Monde Europe France 19/05/2017 Annual/Special Against 5,7,13
4
10
9
11
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate service contract(s)
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
Poison pill/anti-takeover measure not in investors
interestsIssue of equity raises concerns about
excessive dilution of existing shareholders
1109005 FR0013154002 Sartorius Stedim
Biotech
Europe France 04/04/2017 Annual Against 7,8,9,10
5
4
2
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate service contract
Concerns related to inappropriate service contract(s)
Insufficient/poor disclosure
1129237 FR0013176526 Valeo Europe France 23/05/2017 Annual/Special All For
1110125 GA0000121459 Total Gabon SA Emerging Markets Gabon 19/05/2017 Annual Against 1 Insufficient/poor disclosure
1149523 GB0000031285 Aberdeen Asset
Management PLC
United Kingdom United
Kingdom
19/06/2017 Court All For
1149524 GB0000031285 Aberdeen Asset
Management PLC
United Kingdom United
Kingdom
19/06/2017 Special All For
1111224 GB0000282623 Amec Foster
Wheeler plc
United Kingdom United
Kingdom
02/06/2017 Annual All For
1143637 GB0000282623 Amec Foster
Wheeler plc
United Kingdom United
Kingdom
15/06/2017 Court All For
1122493 GB0000282623 Amec Foster
Wheeler plc
United Kingdom United
Kingdom
15/06/2017 Special All For
1127369 GB0000293620 The North
American Income
Trust plc
United Kingdom United
Kingdom
12/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1123123 GB0000456144 Antofagasta plc United Kingdom United
Kingdom
24/05/2017 Annual Against 5
12
Concerns about overall board structure
Overboarded/Too many other time commitments
1149578 GB0000600931 Braemar Shipping
Services plc
United Kingdom United
Kingdom
22/06/2017 Annual Against 2,3 Apparent failure to link pay & appropriate
performance
1151718 GB0000608009 WS Atkins plc United Kingdom United
Kingdom
26/06/2017 Court All For
1151717 GB0000608009 WS Atkins plc United Kingdom United
Kingdom
26/06/2017 Special All For
1124566 GB0000706274 Baillie Gifford Shin
Nippon PLC
United Kingdom United
Kingdom
18/05/2017 Annual All For
1132582 GB0000946276 Consort Medical plc United Kingdom United
Kingdom
27/04/2017 Special All For
1123951 GB0000961622 Balfour Beatty plc United Kingdom United
Kingdom
18/05/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1127057 GB0001048619 Ted Baker PLC United Kingdom United
Kingdom
13/06/2017 Annual Against 2,3
7
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
1127739 GB0001110096 Henry Boot PLC United Kingdom United
Kingdom
25/05/2017 Annual Against 8
7
4
Concerns related to inappropriate membership of
committees
Overboarded/Too many other time commitments
ndependent ChairmanConcerns related to
inappropriate membership of committees
1124532 GB0001500809 Tullow Oil plc United Kingdom United
Kingdom
05/04/2017 Special All For
1112505 GB0001500809 Tullow Oil plc United Kingdom United
Kingdom
26/04/2017 Annual All For
1118744 GB0001528156 Interserve plc United Kingdom United
Kingdom
12/05/2017 Annual All For
1140437 GB0001570810 Xaar plc United Kingdom United
Kingdom
16/05/2017 Annual All For
1140099 GB0001713154 Candover
Investments plc
United Kingdom United
Kingdom
23/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1143937 GB0001738615 Capital Gearing
Trust plc
United Kingdom United
Kingdom
12/05/2017 Special All For
1138489 GB0001741544 Capital & Regional
plc
United Kingdom United
Kingdom
09/05/2017 Annual All For 7
1139914 GB0001771426 accesso Technology
Group plc
United Kingdom United
Kingdom
23/05/2017 Annual Against 10,12,13
3
6
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure
Concerns related to inappropriate membership of
committees
1120013 GB0001859296 Bovis Homes Group
PLC
United Kingdom United
Kingdom
02/05/2017 Annual All For
1136672 GB0001859296 Bovis Homes Group
PLC
United Kingdom United
Kingdom
02/05/2017 Special All For
1121161 GB0001883718 Charles Taylor plc United Kingdom United
Kingdom
16/05/2017 Annual Against 3
2
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
1129435 GB0002015021 T. Clarke plc United Kingdom United
Kingdom
05/05/2017 Annual All For
1134595 GB0002018363 Clarkson PLC United Kingdom United
Kingdom
12/05/2017 Annual Against 2,3 Apparent failure to link pay and appropriate
performance
1115827 GB0002148343 Rathbone Brothers
plc
United Kingdom United
Kingdom
11/05/2017 Annual All For
1126793 GB0002162385 Aviva plc United Kingdom United
Kingdom
10/05/2017 Annual All For 6
1145495 GB0002349065 R.E.A. Holdings plc United Kingdom United
Kingdom
13/06/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1122362 GB0002405495 Schroders plc United Kingdom United
Kingdom
27/04/2017 Annual Against 4
3
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
1118041 GB0002418548 Elementis plc United Kingdom United
Kingdom
25/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1080850 GB0002634946 BAE Systems plc United Kingdom United
Kingdom
10/05/2017 Annual Abstain 2,3,4,5,6,7,8,9,10,11,12,13,1
4,15,16,17,18,19,20,21,22
1
Fund manager or client vote
Fund manager or client vote
1080850 GB0002634946 BAE Systems plc United Kingdom United
Kingdom
10/05/2017 Annual Against 2 Apparent failure to link pay & appropriate
performance
1127753 GB0002652740 Derwent London plc United Kingdom United
Kingdom
19/05/2017 Annual Against 6 Overboarded/Too many other time commitments
1129162 GB0002670437 Devro plc United Kingdom United
Kingdom
26/04/2017 Annual All For
1127139 GB0002875804 British American
Tobacco plc
United Kingdom United
Kingdom
26/04/2017 Annual All For
1096482 GB0002875804 British American
Tobacco plc
United Kingdom United
Kingdom
26/04/2017 Annual All For
1150866 GB0003292009 ICG Enterprise
Trust PLC
United Kingdom United
Kingdom
13/06/2017 Annual All For
1113528 GB0003308607 Spectris plc United Kingdom United
Kingdom
26/05/2017 Annual All For
1126186 GB0003328555 Fidelity Japanese
Values PLC
United Kingdom United
Kingdom
06/06/2017 Annual All For
1115819 GB0003390720 Allianz Technology
Trust PLC
United Kingdom United
Kingdom
19/04/2017 Annual All For
1119366 GB0003395000 James Fisher &
Sons plc
United Kingdom United
Kingdom
04/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1131758 GB0003406096 Dunedin Income
Growth Investment
Trust PLC
United Kingdom United
Kingdom
23/05/2017 Annual All For
1122467 GB0003422184 JPMorgan
Claverhouse
Investment Trust plc
United Kingdom United
Kingdom
21/04/2017 Annual All For
1120079 GB0003466074 Foreign & Colonial
Investment Trust
PLC
United Kingdom United
Kingdom
25/04/2017 Annual All For
1144400 GB0003656021 Witan Pacific
Investment Trust
PLC
United Kingdom United
Kingdom
14/06/2017 Annual All For
1119563 GB0003921052 HgCapital Trust plc United Kingdom United
Kingdom
10/05/2017 Annual All For
1114693 GB0004065016 Hammerson plc United Kingdom United
Kingdom
25/04/2017 Annual All For
1116395 GB0004082847 Standard Chartered
PLC
United Kingdom United
Kingdom
03/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1129503 GB0004126057 Ebiquity plc United Kingdom United
Kingdom
10/05/2017 Annual Against 2 Apparent failure to link pay & appropriate
performance
1138618 GB0004170089 Headlam Group plc United Kingdom United
Kingdom
25/05/2017 Annual All For
1120083 GB0004228648 Herald Investment
Trust PLC
United Kingdom United
Kingdom
18/04/2017 Annual All For
1120629 GB0004270301 Hill & Smith
Holdings PLC
United Kingdom United
Kingdom
11/05/2017 Annual Against 3
5
Insufficient/poor disclosure
Overboarded/Too many other time commitments
1116040 GB0004478896 Hunting plc United Kingdom United
Kingdom
12/04/2017 Annual Abstain Against 3
2,4
Apparent failure to link pay and appropriate
performance
1149086 GB0004536594 Advanced Medical
Solutions Group plc
United Kingdom United
Kingdom
07/06/2017 Annual Against 4 Overboarded/Too many other time commitments
1147936 GB0004657408 MITIE Group PLC United Kingdom United
Kingdom
12/06/2017 Special All For
1153871 GB0004697420 JKX Oil & Gas plc United Kingdom United
Kingdom
30/06/2017 Annual Against 2,3,8 Apparent failure to link pay and appropriate
performance
1118366 GB0004726096 Spirent
Communications plc
United Kingdom United
Kingdom
03/05/2017 Annual All For
1120011 GB0004762810 Johnson Service
Group plc
United Kingdom United
Kingdom
04/05/2017 Annual Against 2
9
10
Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
Concerns regarding Auditor tenure
Concerns related to Non-audit fees
1116820 GB0004866223 Keller Group plc United Kingdom United
Kingdom
11/05/2017 Annual Against 2,3 Apparent failure to link pay and appropriate
performance
1121645 GB0005058408 BlackRock Latin
American
Investment Trust plc
United Kingdom United
Kingdom
03/05/2017 Annual Against 5 Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1117517 GB0005203376 Jardine Lloyd
Thompson Group
plc
United Kingdom United
Kingdom
27/04/2017 Annual Against 2,3
6,13
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
1125726 GB0005310270 London and St
Lawrence
Investment
Company plc
United Kingdom United
Kingdom
12/04/2017 Special All For
1125730 GB0005310270 London and St
Lawrence
Investment
Company plc
United Kingdom United
Kingdom
20/04/2017 Special All For
1111623 GB0005363014 Low & Bonar plc United Kingdom United
Kingdom
12/04/2017 Annual All For
1128797 GB0005372411 Martin Currie
Global Portfolio
Trust plc
United Kingdom United
Kingdom
06/06/2017 Annual All For
1115447 GB0005405286 HSBC Holdings plc United Kingdom United
Kingdom
28/04/2017 Annual All For
1126258 GB0005576813 Howden Joinery
Group Plc
United Kingdom United
Kingdom
02/05/2017 Annual All For
1120049 GB0005596985 Aberdeen UK
Tracker Trust plc
United Kingdom United
Kingdom
06/04/2017 Special All For
1120628 GB0005603997 Legal & General
Group Plc
United Kingdom United
Kingdom
25/05/2017 Annual All For
1114232 GB0005622542 Millennium &
Copthorne Hotels
plc
United Kingdom United
Kingdom
05/05/2017 Annual All For
1136060 GB0005630420 Mears Group plc United Kingdom United
Kingdom
07/06/2017 Annual All For 8,12
1117469 GB0005758098 Meggitt PLC United Kingdom United
Kingdom
27/04/2017 Annual All For
1116240 GB0005774855 BlackRock World
Mining Trust plc
United Kingdom United
Kingdom
04/05/2017 Annual All For
1120631 GB0005790059 John Menzies plc United Kingdom United
Kingdom
12/05/2017 Annual Against 2,3 Apparent failure to link pay and appropriate
performance
1134836 GB0005794036 The Mercantile
Investment Trust plc
United Kingdom United
Kingdom
24/05/2017 Annual All For
1129485 GB0005800072 The Merchants
Trust Plc
United Kingdom United
Kingdom
16/05/2017 Annual All For
1131919 GB0006027295 Morgan Advanced
Materials plc
United Kingdom United
Kingdom
05/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1149969 GB0006043169 Wm Morrison
Supermarkets PLC
United Kingdom United
Kingdom
15/06/2017 Annual Against 2,3,4 Apparent failure to link pay and appropriate
performance
1127354 GB0006056104 Moss Bros Group
plc
United Kingdom United
Kingdom
19/05/2017 Annual Against 9 Overboarded/Too many other time commitments
1122465 GB0006111909 Murray
International Trust
PLC
United Kingdom United
Kingdom
25/04/2017 Annual All For
1118443 GB0006215205 National Express
Group PLC
United Kingdom United
Kingdom
10/05/2017 Annual All For
1147040 GB0006436108 BlackRock Smaller
Companies Trust plc
United Kingdom United
Kingdom
08/06/2017 Annual All For
1155834 GB0006439003 North Atlantic
Smaller Companies
Investment Trust
PLC
United Kingdom United
Kingdom
27/06/2017 Annual Against 4,8
7
Concerns related to inappropriate membership of
committees
Concerns related to inappropriate membership of
committeesConcerns about overall board
structureConcerns related to succession planning
1136669 GB0006449366 Anglo Pacific Group
plc
United Kingdom United
Kingdom
10/05/2017 Annual All For
1134002 GB0006640972 4imprint Group plc United Kingdom United
Kingdom
09/05/2017 Annual All For
1145332 GB0006648157 Oxford BioMedica
PLC
United Kingdom United
Kingdom
23/05/2017 Annual All For
1134266 GB0006674385 Pacific Assets Trust
plc
United Kingdom United
Kingdom
29/06/2017 Annual Against 13 Issue of equity raises concerns about excessive
dilution of existing shareholdersConcerns to protect
shareholder value
1135219 GB0006683238 Communisis plc United Kingdom United
Kingdom
11/05/2017 Annual All For
1127849 GB0006776081 Pearson plc United Kingdom United
Kingdom
05/05/2017 Annual Against 14 Apparent failure to link pay and appropriate
performance
1118414 GB0006825383 Persimmon plc United Kingdom United
Kingdom
27/04/2017 Annual All For
1124750 GB0006834344 intu properties plc United Kingdom United
Kingdom
03/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1115351 GB0006928617 The Unite Group plc United Kingdom United
Kingdom
11/05/2017 Annual All For
1111131 GB0006963689 Porvair plc United Kingdom United
Kingdom
11/04/2017 Annual Against 2 Apparent failure to link pay & appropriate
performance
1116765 GB0007099541 Prudential plc United Kingdom United
Kingdom
18/05/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1112512 GB0007188757 Rio Tinto plc United Kingdom United
Kingdom
12/04/2017 Annual Against 2,3
7
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure
1112512 GB0007188757 Rio Tinto plc United Kingdom United
Kingdom
12/04/2017 Annual All For
1151984 GB0007188757 Rio Tinto plc United Kingdom United
Kingdom
27/06/2017 Special All For
1129437 GB0007365546 Carillion plc United Kingdom United
Kingdom
03/05/2017 Annual All For
1121221 GB0007366395 RIT Capital Partners
plc
United Kingdom United
Kingdom
27/04/2017 Annual Abstain Against 4
7
Combined CEO/Chairman
Concerns related to inappropriate membership of
committees
1125215 GB0007590234 Fidessa group plc United Kingdom United
Kingdom
26/04/2017 Annual All For
1120972 GB0007594764 RPS Group plc United Kingdom United
Kingdom
02/05/2017 Annual Against 4 Overboarded/Too many other time commitments
1129488 GB0007655037 S&U plc United Kingdom United
Kingdom
18/05/2017 Annual Against 3
2
5
9
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
Combined CEO/Chair
Concerns related to inappropriate membership of
committees
1132371 GB0007669376 St. James's Place plc United Kingdom United
Kingdom
04/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1118372 GB0007739609 Travis Perkins plc United Kingdom United
Kingdom
24/05/2017 Annual Against 3,22 Apparent failure to link pay & appropriate
performance
1112802 GB0007873697 Scottish American
Investment
Company plc
United Kingdom United
Kingdom
06/04/2017 Annual All For
1159103 GB0007892358 SVG Capital Plc United Kingdom United
Kingdom
28/06/2017 Special All For
1116816 GB0007958233 Senior plc United Kingdom United
Kingdom
21/04/2017 Annual Against 2,3 Apparent failure to link pay and appropriate
performance
1126085 GB0007973794 Serco Group plc United Kingdom United
Kingdom
11/05/2017 Annual Against 2 Apparent failure to link pay & appropriate
performance
1134813 GB0007980591 BP plc United Kingdom United
Kingdom
17/05/2017 Annual All For
1123129 GB0008025412 SIG plc United Kingdom United
Kingdom
11/05/2017 Annual All For
1121233 GB0008085614 Morgan Sindall
Group plc
United Kingdom United
Kingdom
04/05/2017 Annual All For
1123578 GB0008475088 Robert Walters PLC United Kingdom United
Kingdom
25/05/2017 Annual All For
1123416 GB0008706128 Lloyds Banking
Group plc
United Kingdom United
Kingdom
11/05/2017 Annual All For
1127770 GB0008710799 Schroder Asian
Total Return
Investment
Company plc
United Kingdom United
Kingdom
26/04/2017 Annual All For
1135393 GB0008711763 TT Electronics plc United Kingdom United
Kingdom
12/05/2017 Annual All For
1117501 GB0008782301 Taylor Wimpey plc United Kingdom United
Kingdom
27/04/2017 Annual All For
1150278 GB0008847096 Tesco PLC United Kingdom United
Kingdom
16/06/2017 Annual All For
1116841 GB0009039941 Trinity Mirror plc United Kingdom United
Kingdom
04/05/2017 Annual Against 2,3 Apparent failure to link pay and appropriate
performance
1126253 GB0009123323 Ultra Electronics
Holdings plc
United Kingdom United
Kingdom
28/04/2017 Annual All For
1120253 GB0009223206 Smith & Nephew plc United Kingdom United
Kingdom
06/04/2017 Annual All For
1119368 GB0009223206 Smith & Nephew plc United Kingdom United
Kingdom
06/04/2017 Annual All For
1131018 GB0009252882 GlaxoSmithKline plc United Kingdom United
Kingdom
04/05/2017 Annual Against 2,3 Apparent failure to link pay & appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1114921 GB0009296665 The Vitec Group plc United Kingdom United
Kingdom
17/05/2017 Annual All For
1129218 GB0009376368 SDL plc United Kingdom United
Kingdom
27/04/2017 Annual Against 2 Apparent failure to link pay & appropriate
performance
1115346 GB0009465807 The Weir Group PLC United Kingdom United
Kingdom
27/04/2017 Annual All For
1129915 GB0009580571 Henderson High
Income Trust plc
United Kingdom United
Kingdom
09/05/2017 Annual Against 4 Overboarded/Too many other time commitments
1155430 GB0009580571 Henderson High
Income Trust plc
United Kingdom United
Kingdom
20/06/2017 Special All For
1140132 GB0009619924 IQE plc United Kingdom United
Kingdom
13/06/2017 Annual All For
1121915 GB0009744060 Witan Investment
Trust plc
United Kingdom United
Kingdom
27/04/2017 Annual All For
1119560 GB0009887422 Synthomer plc United Kingdom United
Kingdom
27/04/2017 Annual All For
1127144 GB0009895292 AstraZeneca plc United Kingdom United
Kingdom
27/04/2017 Annual Against 6 Apparent failure to link pay & appropriate
performance
1101030 GB0009895292 AstraZeneca plc United Kingdom United
Kingdom
27/04/2017 Annual Against 6 Apparent failure to link pay & appropriate
performance
1138424 GB0009896605 Zotefoams plc United Kingdom United
Kingdom
17/05/2017 Annual All For
1120641 GB0030232317 PageGroup plc United Kingdom United
Kingdom
08/06/2017 Annual Against 3,19 Apparent failure to link pay and appropriate
performance
1151355 GB0030329360 Wincanton plc United Kingdom United
Kingdom
29/06/2017 Annual All For
1127499 GB0030646508 GKN plc United Kingdom United
Kingdom
04/05/2017 Annual All For
1127767 GB0030738271 F&C Private Equity
Trust plc
United Kingdom United
Kingdom
25/05/2017 Annual All For
1127356 GB0031030819 Alliance Pharma plc United Kingdom United
Kingdom
25/05/2017 Annual All For 1
1116835 GB0031215220 Carnival plc United Kingdom United
Kingdom
05/04/2017 Annual Against 11,13,14 Apparent failure to link pay & appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1116835 GB0031215220 Carnival plc United Kingdom United
Kingdom
05/04/2017 Annual Against 8 Tenure: 30 years, lead independent board. Chair of
the nominating, governance committee. Question
his independence due to his tenure. No new
directors are involved in key committees.
1132404 GB0031232498 Impax
Environmental
Markets plc
United Kingdom United
Kingdom
16/05/2017 Annual All For
1115890 GB0031348658 Barclays plc United Kingdom United
Kingdom
10/05/2017 Annual Abstain Against 15
6
Concerns about overall performance
Concerns about overall performance
1117524 GB0031429219 The Law Debenture
Corporation plc
United Kingdom United
Kingdom
11/04/2017 Annual All For
1143714 GB0031544546 Petropavlovsk PLC United Kingdom United
Kingdom
22/06/2017 Annual Against 8,9,15 Concerns about overall performance
1120085 GB0031638363 Intertek Group plc United Kingdom United
Kingdom
26/05/2017 Annual Against 7 Overboarded/Too many other time commitments
1116972 GB0031698896 William Hill plc United Kingdom United
Kingdom
09/05/2017 Annual All For
1140192 GB0032087826 Amerisur
Resources PLC
United Kingdom United
Kingdom
09/05/2017 Annual All For
1127050 GB0032089863 Next Plc United Kingdom United
Kingdom
18/05/2017 Annual Against 2 Apparent failure to link pay & appropriate
performance
1136248 GB0032360173 Highland Gold
Mining Ltd
United Kingdom Jersey 17/05/2017 Annual Against 8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1150690 GB0033032904 Faroe Petroleum plc United Kingdom United
Kingdom
20/06/2017 Annual Against 6 Concerns related to inappropriate membership of
committees
1116819 GB0033057794 Dialight plc United Kingdom United
Kingdom
20/04/2017 Annual All For
1141812 GB0033195214 Kingfisher plc United Kingdom United
Kingdom
13/06/2017 Annual All For
1121596 GB0033862573 EP Global
Opportunities Trust
plc
United Kingdom United
Kingdom
27/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1141568 GB0033875286 Standard Life
Investments
Property Income
Trust Ltd
United Kingdom Guernsey 07/06/2017 Annual All For
1124158 GB0033986497 ITV plc United Kingdom United
Kingdom
10/05/2017 Annual All For
1134597 GB0034264548 Paysafe Group Plc United Kingdom Isle of Man 09/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1120015 GB0034291418 Centaur Media plc United Kingdom United
Kingdom
09/05/2017 Annual All For
1128199 GB0043620292 Genting Singapore
PLC
United Kingdom United
Kingdom
20/04/2017 Annual Against 6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1114054 GB0059822006 Dialog
Semiconductor Plc
United Kingdom United
Kingdom
04/05/2017 Annual Against 5 Overboarded/Too many other time commitments
1120575 GB00B00FPT80 Chesnara plc United Kingdom United
Kingdom
17/05/2017 Annual All For
1121148 GB00B012BV22 Marshalls plc United Kingdom United
Kingdom
10/05/2017 Annual All For
1128752 GB00B013H060 Michelmersh Brick
Holdings plc
United Kingdom United
Kingdom
10/05/2017 Annual Against 1 Concerns about overall board structure
1112058 GB00B01C3S32 Randgold
Resources Ltd
United Kingdom United
Kingdom
02/05/2017 Annual Against 4 Apparent failure to link pay & appropriate
performance
1140679 GB00B01D1K48 Vectura Group plc United Kingdom United
Kingdom
25/05/2017 Annual All For
1131993 GB00B01FLG62 G4S plc United Kingdom United
Kingdom
25/05/2017 Annual All For
1126630 GB00B02J6398 Admiral Group plc United Kingdom United
Kingdom
26/04/2017 Annual All For
1101594 GB00B033F229 Centrica plc United Kingdom United
Kingdom
08/05/2017 Annual All For
1156031 GB00B03HDJ73 Stobart Group Ltd United Kingdom United
Kingdom
29/06/2017 Annual Against 13
7
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1111769 GB00B03MLX29 Royal Dutch Shell
plc
United Kingdom United
Kingdom
23/05/2017 Annual Against 2 Apparent failure to link pay & appropriate
performance
1131875 GB00B06GM726 Telit
Communications
PLC
United Kingdom United
Kingdom
26/04/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1114234 GB00B0744359 Essentra plc United Kingdom United
Kingdom
20/04/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1116815 GB00B0744B38 Bunzl plc United Kingdom United
Kingdom
19/04/2017 Annual Against 13
5
Apparent failure to link pay & appropriate
performance
Overboarded/Too many other time commitments
1129505 GB00B07KD360 Cobham plc United Kingdom United
Kingdom
18/04/2017 Special All For
1125532 GB00B07KD360 Cobham plc United Kingdom United
Kingdom
27/04/2017 Annual All For
1115820 GB00B082RF11 Rentokil Initial plc United Kingdom United
Kingdom
10/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1120068 GB00B09LSH68 Inmarsat Plc United Kingdom United
Kingdom
04/05/2017 Annual Against 2,3 Apparent failure to link pay & appropriate
performance
1138550 GB00B0CL3P62 GLI Finance Limited United Kingdom Guernsey 10/05/2017 Annual Against 3
4
Apparent failure to link pay and appropriate
performance
Overboarded/Too many other time commitments
1143057 GB00B0CRWK29 Huntsworth plc United Kingdom United
Kingdom
25/05/2017 Annual Against 3 Overboarded/Too many other time commitments
1129473 GB00B0DG3H29 Sirius Minerals Plc United Kingdom United
Kingdom
29/06/2017 Annual Abstain 11 Concerns related to Non-audit fees
1118847 GB00B0F99717 Berendsen plc United Kingdom United
Kingdom
27/04/2017 Annual All For
1130162 GB00B0H2K534 Petrofac Ltd United Kingdom United
Kingdom
11/05/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
7
1115823 GB00B0HZPV38 KAZ Minerals plc United Kingdom United
Kingdom
27/04/2017 Annual Against 2,3,14 Apparent failure to link pay and appropriate
performance
1106238 GB00B0KM9T71 SThree plc United Kingdom United
Kingdom
20/04/2017 Annual All For
1120017 GB00B0LCW083 Hikma
Pharmaceuticals
PLC
United Kingdom United
Kingdom
19/05/2017 Annual All For
1130874 GB00B0P6J834 Aberdeen Asian
Income Fund
Limited
United Kingdom Jersey 10/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1126959 GB00B0PPFY88 Hansteen Holdings
PLC
United Kingdom United
Kingdom
21/04/2017 Special All For
1146425 GB00B0PPFY88 Hansteen Holdings
PLC
United Kingdom United
Kingdom
13/06/2017 Annual All For
1143019 GB00B0SPFW38 Northbridge
Industrial Services
PLC
United Kingdom United
Kingdom
07/06/2017 Annual Against 2 Concerns about overall board structure Concerns
related to inappropriate membership of committees
1125868 GB00B0SWJX34 London Stock
Exchange Group plc
United Kingdom United
Kingdom
26/04/2017 Annual All For 3,4
1142448 GB00B0YG1K06 Restaurant Group
plc
United Kingdom United
Kingdom
26/05/2017 Annual Abstain Against 6
2
4
Apparent failure to link pay and appropriate
performance
Overboarded/Too many other time commitments
1129375 GB00B0ZSH635 Ladbrokes Coral
Group plc
United Kingdom United
Kingdom
04/05/2017 Annual All For
1118055 GB00B10RZP78 Unilever PLC United Kingdom United
Kingdom
27/04/2017 Annual All For
1127768 GB00B11V7W98 Alliance Trust PLC United Kingdom United
Kingdom
27/04/2017 Annual All For
1127750 GB00B128J450 IP Group Plc United Kingdom United
Kingdom
10/05/2017 Annual All For
1152655 GB00B128J450 IP Group Plc United Kingdom United
Kingdom
08/06/2017 Special All For
1131687 GB00B12RQD06 H&T Group Plc United Kingdom United
Kingdom
04/05/2017 Annual All For
1126255 GB00B135BJ46 Savills plc United Kingdom United
Kingdom
09/05/2017 Annual Against 2 Apparent failure to link pay & appropriate
performance
1121156 GB00B15FWH70 Cineworld Group plc United Kingdom United
Kingdom
18/05/2017 Annual Against 2,3,17 Apparent failure to link pay and appropriate
performance
1142306 GB00B15PV034 Middlefield
Canadian Income
PCC
United Kingdom Jersey 25/05/2017 Annual All For
1145394 GB00B15PV034 Middlefield
Canadian Income
PCC
United Kingdom Jersey 25/05/2017 Special Against 5 Concerns related to inappropriate membership of
committees
1134545 GB00B17MMZ46 Lookers plc United Kingdom United
Kingdom
25/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1138077 GB00B188SR50 International Public
Partnerships Ltd
United Kingdom Guernsey 05/05/2017 Special All For
1130872 GB00B188SR50 International Public
Partnerships Ltd
United Kingdom Guernsey 07/06/2017 Annual All For
1151558 GB00B19Z2J52 UK Commercial
Property Trust Ltd
United Kingdom Guernsey 21/06/2017 Annual All For
1127769 GB00B1CL5249 Lamprell plc United Kingdom United
Kingdom
21/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1155500 GB00B1CL5249 Lamprell plc United Kingdom United
Kingdom
26/06/2017 Special All For
1115813 GB00B1CRLC47 Mondi plc United Kingdom United
Kingdom
11/05/2017 Annual Against 13,24 Apparent failure to link pay & appropriate
performance
1144766 GB00B1FL3C76 INVESCO Perpetual
UK Smaller
Companies
Investment Trust plc
United Kingdom United
Kingdom
08/06/2017 Annual Against 5 Concerns related to succession planning
1151588 GB00B1FL3C76 INVESCO Perpetual
UK Smaller
Companies
Investment Trust plc
United Kingdom United
Kingdom
08/06/2017 Special All For
1120012 GB00B1FP8915 BBA Aviation plc United Kingdom United
Kingdom
05/05/2017 Annual Against 3 Concerns about overall board structure
1120632 GB00B1FW5029 Hochschild Mining
PLC
United Kingdom United
Kingdom
11/05/2017 Annual Against 2
5
Apparent failure to link pay and appropriate
performance
Lack of independent representation at board
committees
1146415 GB00B1FW5029 Hochschild Mining
PLC
United Kingdom United
Kingdom
15/05/2017 Special All For
1120077 GB00B1G5HX72 LSL Property
Services Plc
United Kingdom United
Kingdom
27/04/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1148727 GB00B1GCLT25 Polar Capital
Holdings plc
United Kingdom United
Kingdom
31/05/2017 Special All For
1123128 GB00B1H0DZ51 TP ICAP plc United Kingdom United
Kingdom
11/05/2017 Annual Against 3,15 Apparent failure to link pay & appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1113525 GB00B1JQBT10 Pendragon PLC United Kingdom United
Kingdom
27/04/2017 Annual Against 3,4 Apparent failure to link pay and appropriate
performance
1150650 GB00B1KJJ408 Whitbread PLC United Kingdom United
Kingdom
21/06/2017 Annual All For
1130864 GB00B1V9NW54 Hilton Food Group
plc
United Kingdom United
Kingdom
24/05/2017 Annual All For
1117520 GB00B1VNST91 Laird PLC United Kingdom United
Kingdom
28/04/2017 Annual All For
1122404 GB00B1VNSX38 Drax Group plc United Kingdom United
Kingdom
13/04/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1156559 GB00B1WBW239 RhythmOne plc United Kingdom United
Kingdom
27/06/2017 Annual All For
1127089 GB00B1XH2C03 Ferrexpo Plc United Kingdom United
Kingdom
25/05/2017 Annual Against 2,3 Apparent failure to link pay and appropriate
performance
1114872 GB00B1XZS820 Anglo American plc United Kingdom United
Kingdom
24/04/2017 Annual Against 15 Apparent failure to link pay & appropriate
performance
1118010 GB00B1YKG049 International
Personal Finance Plc
United Kingdom United
Kingdom
03/05/2017 Annual All For
1151695 GB00B1YW4409 3i Group plc United Kingdom United
Kingdom
29/06/2017 Annual Against 2,3 Apparent failure to link pay and appropriate
performance
1117478 GB00B1Z4ST84 Provident Financial
plc
United Kingdom United
Kingdom
12/05/2017 Annual All For
1117476 GB00B1ZBKY84 Moneysupermarket.
com Group PLC
United Kingdom United
Kingdom
04/05/2017 Annual All For
1119365 GB00B23K0M20 Capita plc United Kingdom United
Kingdom
13/06/2017 Annual Against 20 Apparent failure to link pay & appropriate
performance
1113000 GB00B24CGK77 Reckitt Benckiser
Group plc
United Kingdom United
Kingdom
04/05/2017 Annual Abstain Against 4
2
8
Fund manager or client vote
Apparent failure to link pay & appropriate
performance
Concerns about overall performance
1113000 GB00B24CGK77 Reckitt Benckiser
Group plc
United Kingdom United
Kingdom
04/05/2017 Annual Against 2
4,8
Apparent failure to link pay & appropriate
performance
Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1148762 GB00B24CGK77 Reckitt Benckiser
Group plc
United Kingdom United
Kingdom
31/05/2017 Special All For
1121235 GB00B24CT194 Ophir Energy Plc United Kingdom United
Kingdom
17/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1130342 GB00B28ZPV64 Sportech PLC United Kingdom United
Kingdom
19/04/2017 Special All For
1118370 GB00B28ZPV64 Sportech PLC United Kingdom United
Kingdom
24/05/2017 Annual All For
1142964 GB00B28ZPV64 Sportech PLC United Kingdom United
Kingdom
24/05/2017 Special Against 1,2 Apparent failure to link pay & appropriate
performance
1116346 GB00B2987V85 Rightmove plc United Kingdom United
Kingdom
09/05/2017 Annual All For
1120633 GB00B29H4253 Tyman plc United Kingdom United
Kingdom
12/05/2017 Annual All For
1120040 GB00B2B0DG97 RELX PLC United Kingdom United
Kingdom
20/04/2017 Annual All For
1139545 GB00B2QPKJ12 Fresnillo PLC United Kingdom United
Kingdom
23/05/2017 Annual Against 10
5
Overboarded/Too many other time commitments
Overboarded/Too many other time
commitmentsConcerns related to approach to
board diversity
1127349 GB00B3CX3644 STV Group plc United Kingdom United
Kingdom
25/04/2017 Annual Against 9 Concerns related to Non-audit fees
1125822 GB00B3FLWH99 Bodycote plc United Kingdom United
Kingdom
17/05/2017 Annual Against 11
3,5
Apparent failure to link pay and appropriate
performance
Overboarded/Too many other time commitments
1112783 GB00B3MBS747 Ocado Group plc United Kingdom United
Kingdom
03/05/2017 Annual Against 2,3 Apparent failure to link pay & appropriate
performance
1134887 GB00B3PHCS86 Henderson
International
Income Trust plc
United Kingdom United
Kingdom
05/05/2017 Special All For
1128595 GB00B3ZP1526 Gama Aviation Plc United Kingdom United
Kingdom
25/05/2017 Annual Against 1 Apparent failure to link pay and appropriate
performance
1121127 GB00B40SF849 Novae Group Plc United Kingdom United
Kingdom
10/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1121164 GB00B43G0577 Premier Oil plc United Kingdom United
Kingdom
17/05/2017 Annual Against 3,15 Apparent failure to link pay and appropriate
performance
1155315 GB00B43G0577 Premier Oil plc United Kingdom United
Kingdom
15/06/2017 Special All For
1152275 GB00B4TR3444 Aberforth Geared
Income Trust plc
United Kingdom United
Kingdom
15/06/2017 Special All For
1152276 GB00B4TR3444 Aberforth Geared
Income Trust plc
United Kingdom United
Kingdom
30/06/2017 Special All For
1132297 GB00B4VLR192 Ensco plc United Kingdom United
Kingdom
22/05/2017 Annual All For
1129211 GB00B4YZN328 Coats Group plc United Kingdom United
Kingdom
17/05/2017 Annual All For
1126346 GB00B53P2009 Jupiter Fund
Management Plc
United Kingdom United
Kingdom
17/05/2017 Annual Against 3
2
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
1141891 GB00B572ZV91 SOCO International
plc
United Kingdom United
Kingdom
13/06/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1149479 GB00B580MF54 Hurricane Energy
plc
United Kingdom United
Kingdom
07/06/2017 Annual Against 1 Concerns to protect shareholder valueConcerns
about overall board structureApparent failure to link
pay and appropriate performance
1146420 GB00B5BT0K07 Aon plc United Kingdom United
Kingdom
23/06/2017 Annual Against 1.1 Concerns to protect shareholder value
1114917 GB00B5N0P849 John Wood Group
PLC
United Kingdom United
Kingdom
10/05/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1122483 GB00B5N0P849 John Wood Group
PLC
United Kingdom United
Kingdom
15/06/2017 Special All For
1126927 GB00B5NR1S72 Restore PLC United Kingdom United
Kingdom
22/05/2017 Annual Against 4 Overboarded/Too many other time commitments
1114220 GB00B5ZN1N88 SEGRO plc United Kingdom United
Kingdom
20/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1154188 GB00B60BWY28 Hummingbird
Resources PLC
United Kingdom United
Kingdom
21/06/2017 Annual Abstain Against 2
5,6,7
12
Concerns related to inappropriate membership of
committeesConcerns about overall board structure
Concerns related to inappropriate membership of
committees
Issue of equity raises concerns about excessive
dilution of existing shareholders
1113524 GB00B61D2N63 Acacia Mining plc United Kingdom United
Kingdom
20/04/2017 Annual Against 2,3,20 Apparent failure to link pay and appropriate
performance
1118032 GB00B61TVQ02 Inchcape plc United Kingdom United
Kingdom
25/05/2017 Annual Against 2,3 Apparent failure to link pay & appropriate
performance
1115352 GB00B62G9D36 Capital & Counties
Properties PLC
United Kingdom United
Kingdom
05/05/2017 Annual Against 15,16,22 Apparent failure to link pay and appropriate
performance
1140102 GB00B635TG28 EnQuest PLC United Kingdom United
Kingdom
25/05/2017 Annual All For
1113529 GB00B63H8491 Rolls-Royce
Holdings plc
United Kingdom United
Kingdom
04/05/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1134110 GB00B63QSB39 Greggs plc United Kingdom United
Kingdom
19/05/2017 Annual All For
1124429 GB00B64NSP76 Costain Group plc United Kingdom United
Kingdom
08/05/2017 Annual All For
1150537 GB00B6832P16 Polar Capital Global
Healthcare Growth
and Income Trust
plc
United Kingdom United
Kingdom
01/06/2017 Special All For
1126806 GB00B6SLMV12 Rowan Companies
plc
United Kingdom United
Kingdom
25/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127029 GB00B6TKHP66 Secure Trust Bank
Plc
United Kingdom United
Kingdom
03/05/2017 Annual Against 10
8
3,4
Apparent failure to link pay & appropriate
performance
Concerns related to Non-audit fees
Concerns related to inappropriate membership of
committees
1129368 GB00B6XZKY75 A.G. Barr plc United Kingdom United
Kingdom
31/05/2017 Annual Abstain Against 11
2,3
10
Concerns related to Non-audit fees
Apparent failure to link pay and appropriate
performance
Lack of independence on boardConcerns related to
inappropriate membership of committees
1141668 GB00B6ZM0X53 hVIVO plc United Kingdom United
Kingdom
24/05/2017 Annual Against 3 Concerns related to inappropriate membership of
committees
1147855 GB00B71N6K86 EVRAZ plc United Kingdom United
Kingdom
23/05/2017 Special All For
1118038 GB00B71N6K86 EVRAZ plc United Kingdom United
Kingdom
20/06/2017 Annual All For
1120016 GB00B74CDH82 Cairn Energy plc United Kingdom United
Kingdom
19/05/2017 Annual Against 3
21
8
2
Apparent failure to link pay and appropriate
performanc
Apparent failure to link pay and appropriate
performance
Overboarded/Too many other time commitments
Policy Rationale:Apparent failure to link pay and
appropriate performance
1138570 GB00B759CR16 BGEO Group plc United Kingdom United
Kingdom
01/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1137084 GB00B77J0862 Old Mutual plc United Kingdom United
Kingdom
25/05/2017 Annual Against 2xi
2xii
Concerns related to inappropriate membership of
committees
Overboarded/Too many other time commitments
1120637 GB00B7FC0762 NMC Health Plc United Kingdom United
Kingdom
23/05/2017 Annual Against 2
7
Apparent failure to link pay and appropriate
performance
Combined CEO/Chairman
1135303 GB00B7T77214 Royal Bank of
Scotland Group plc
United Kingdom United
Kingdom
11/05/2017 Annual All For
1118360 GB00B82YXW83 Vesuvius plc United Kingdom United
Kingdom
10/05/2017 Annual Against 3,4
6
Apparent failure to link pay and appropriate
performance
Overboarded/Too many other time commitments
1118034 GB00B83VD954 Man Group plc United Kingdom United
Kingdom
05/05/2017 Annual All For
1137139 GB00B8KJH563 esure Group plc United Kingdom United
Kingdom
17/05/2017 Annual Against 2
7
17
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Concerns to protect shareholder value
1115817 GB00B8SC6K54 Greencoat UK Wind
PLC
United Kingdom United
Kingdom
26/04/2017 Annual All For
1146605 GB00B8W67B19 Liberty Global plc United Kingdom United
Kingdom
21/06/2017 Annual Against 6,7
5
2,3
11
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
Concerns about overall performance
Proposed term in policy exceeds appropriate limit
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1126401 GB00B9NWP991 Countrywide plc United Kingdom United
Kingdom
27/04/2017 Annual Against 20
4
Concerns to protect shareholder value
Overboarded/Too many other time commitments
1121916 GB00B9XQT119 Polar Capital Global
Financials Trust plc
United Kingdom United
Kingdom
26/04/2017 Annual All For
1133403 GB00BBQ38507 Keywords Studios
plc
United Kingdom United
Kingdom
25/05/2017 Annual All For
1120625 GB00BCKFY513 Foxtons Group PLC United Kingdom United
Kingdom
17/05/2017 Annual Against 3,14
10
6
Apparent failure to link pay and appropriate
performance
Overboarded/Too many other time commitments
Overboarded/Too many other time
commitmentsConcerns about overall performance
1121929 GB00BCRX1J15 Just Group PLC United Kingdom United
Kingdom
18/05/2017 Annual Against 12 Overboarded/Too many other time commitments
1145504 GB00BD045071 Arix Bioscience plc United Kingdom United
Kingdom
05/06/2017 Annual Against 9 Overboarded/Too many other time commitments
1125825 GB00BD3VFW73 Convatec Group Plc United Kingdom United
Kingdom
11/05/2017 Annual All For
1149573 GB00BD6K4575 Compass Group PLC United Kingdom United
Kingdom
07/06/2017 Special All For
1120445 GB00BD8QVH41 InterContinental
Hotels Group plc
United Kingdom United
Kingdom
05/05/2017 Annual All For
1141274 GB00BDCPN049 Coca-Cola
European Partners
Plc
United Kingdom United
Kingdom
22/06/2017 Annual Against 15 Concerns to protect shareholder value
1118368 GB00BDGTXM47 Arrow Global
Group PLC
United Kingdom United
Kingdom
24/05/2017 Annual All For
1131824 GB00BDR05C01 National Grid plc United Kingdom United
Kingdom
19/05/2017 Special All For
1146438 GB00BDZT6P94 Merlin
Entertainments plc
United Kingdom United
Kingdom
13/06/2017 Annual Against 3,4 Policy Rationale:Apparent failure to link pay and
appropriate performance
1115880 GB00BF03YC36 Henderson
Diversified Income
Limited
United Kingdom Jersey 26/04/2017 Annual All For
1120547 GB00BF03YC36 Henderson
Diversified Income
Limited
United Kingdom Jersey 26/04/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1120635 GB00BF044593 CLS Holdings plc United Kingdom United
Kingdom
26/04/2017 Annual Against 2,3,5,20
7,10,12,15,16
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure
1121240 GB00BF5SDZ96 Stock Spirits Group
plc
United Kingdom United
Kingdom
23/05/2017 Annual All For
1124620 GB00BFG3KF26 Noble Corporation
plc
United Kingdom United
Kingdom
28/04/2017 Annual Against 12,14,15 Apparent failure to link pay and appropriate
performance
1120609 GB00BFRBTP86 Servelec Group plc United Kingdom United
Kingdom
26/04/2017 Annual Against 7 Overboarded/Too many other time commitments
1127036 GB00BFTDG626 PV Crystalox Solar
plc
United Kingdom United
Kingdom
18/05/2017 Annual All For
1142530 GB00BG49KP99 Tritax Big Box REIT
plc
United Kingdom United
Kingdom
11/05/2017 Special All For
1129572 GB00BG49KP99 Tritax Big Box REIT
plc
United Kingdom United
Kingdom
17/05/2017 Annual All For
1127664 GB00BGLP8L22 IMI plc United Kingdom United
Kingdom
04/05/2017 Annual All For
1140104 GB00BGP6Q951 Nostrum Oil & Gas
Plc
United Kingdom United
Kingdom
26/06/2017 Annual Against 2,14
15
9
10
Apparent failure to link pay and appropriate
performance
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Concerns related to attendance at board or
committee meetings
Concerns related to inappropriate membership of
committees
1116836 GB00BJ3VW957 McColl's Retail
Group plc
United Kingdom United
Kingdom
27/04/2017 Annual All For
1144413 GB00BJL5BR07 4D pharma plc United Kingdom United
Kingdom
26/05/2017 Annual All For
1125145 GB00BJVD3B28 Circassia
Pharmaceuticals plc
United Kingdom United
Kingdom
03/04/2017 Special All For
1146426 GB00BJVD3B28 Circassia
Pharmaceuticals plc
United Kingdom United
Kingdom
26/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1129486 GB00BJVWTM27 Gulf Marine
Services PLC
United Kingdom United
Kingdom
16/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1123133 GB00BK1PKQ95 Fidelity European
Values plc
United Kingdom United
Kingdom
15/05/2017 Annual All For
1120071 GB00BK1PTB77 Aggreko plc United Kingdom United
Kingdom
27/04/2017 Annual Against 3
12
Apparent failure to link pay & appropriate
performance
Overboarded/Too many other time commitments
1115822 GB00BKKMKR23 RSA Insurance
Group plc
United Kingdom United
Kingdom
05/05/2017 Annual Against 5 Concerns related to approach to board diversity
1130870 GB00BKRC5K31 Polypipe Group plc United Kingdom United
Kingdom
24/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1120603 GB00BKX5CN86 JUST EAT plc United Kingdom United
Kingdom
27/04/2017 Annual All For
1143702 GB00BKXNB024 Cambian Group plc United Kingdom United
Kingdom
05/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1138063 GB00BKY7HG11 Exova Group plc United Kingdom United
Kingdom
24/05/2017 Annual Against 5 Overboarded/Too many other time commitments
1149187 GB00BKY7HG11 Exova Group plc United Kingdom United
Kingdom
09/06/2017 Court All For
1150348 GB00BKY7HG11 Exova Group plc United Kingdom United
Kingdom
09/06/2017 Special All For
1128626 GB00BKZGVH64 JPMorgan
American
Investment Trust plc
United Kingdom United
Kingdom
11/05/2017 Annual All For
1150678 GB00BLDYK618 Scottish Mortgage
Investment Trust
PLC
United Kingdom United
Kingdom
29/06/2017 Annual All For
1133451 GB00BLMQ9L68 Secure Income REIT
Plc
United Kingdom United
Kingdom
07/06/2017 Annual Against 7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1145650 GB00BLP57Y95 P2P Global
Investments PLC
United Kingdom United
Kingdom
29/06/2017 Annual All For
1144409 GB00BLRLH124 Allied Minds plc United Kingdom United
Kingdom
01/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1117650 GB00BLSNND18 Fundsmith
Emerging Equities
Trust plc
United Kingdom United
Kingdom
24/05/2017 Annual Against 10 Issue of equity raises concerns about excessive
dilution of existing shareholders
1130099 GB00BLT1Y088 Saga plc United Kingdom United
Kingdom
22/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1120642 GB00BLWDVP51 FDM Group
(Holdings) PLC
United Kingdom United
Kingdom
27/04/2017 Annual All For
1143031 GB00BLWDVR75 Empiric Student
Property plc
United Kingdom United
Kingdom
25/05/2017 Annual All For
1129482 GB00BLY2F708 Card Factory PLC United Kingdom United
Kingdom
25/05/2017 Annual Abstain 3 Concerns related to inappropriate membership of
committees
1124114 GB00BM7S7K96 OneSavings Bank Plc United Kingdom United
Kingdom
10/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1131033 GB00BMJ6DW54 Informa plc United Kingdom United
Kingdom
26/05/2017 Annual Against 3,17
10
Apparent failure to link pay and appropriate
performance
Overboarded/Too many other time commitments
1129492 GB00BMSKPJ95 AA plc United Kingdom United
Kingdom
08/06/2017 Annual All For
1118361 GB00BNLPYF73 Spire Healthcare
Group Plc
United Kingdom United
Kingdom
26/05/2017 Annual Against 2
10
Apparent failure to link pay and appropriate
performance
Overboarded/Too many other time commitments
1155017 GB00BP41S218 Savannah
Petroleum Plc
United Kingdom United
Kingdom
22/06/2017 Annual Against 4 Issue of equity raises concerns about excessive
dilution of existing shareholdersConcerns to protect
shareholder value
1128069 GB00BQ8P0644 Virgin Money
Holdings (UK) plc
United Kingdom United
Kingdom
03/05/2017 Annual All For
1118351 GB00BQPW6Y82 Jimmy Choo PLC United Kingdom United
Kingdom
01/06/2017 Annual Abstain 5 Concerns related to inappropriate membership of
committees
1130284 GB00BQQFX454 Accsys
Technologies Plc
United Kingdom United
Kingdom
21/04/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1133876 GB00BQQMCJ47 Aldermore Group
PLC
United Kingdom United
Kingdom
16/05/2017 Annual All For
1136653 GB00BQS10J50 Gamma
Communications plc
United Kingdom United
Kingdom
22/05/2017 Annual Against 5 Overboarded/Too many other time commitments
1133741 GB00BQVC8B38 OM Asset
Management plc
United Kingdom United
Kingdom
26/04/2017 Annual Against 1.8
1.2,1.9
Concerns about overall board structure
Concerns related to inappropriate membership of
committees
1149516 GB00BQY7BX88 Micro Focus
International plc
United Kingdom United
Kingdom
26/05/2017 Special All For
1120630 GB00BRB37M78 Dignity plc United Kingdom United
Kingdom
08/06/2017 Annual All For
1118849 GB00BRJ6JV17 Non-Standard
Finance Plc
United Kingdom United
Kingdom
09/05/2017 Annual Abstain 10 Concerns related to inappropriate membership of
committeesConcerns about overall board structure
1125680 GB00BRJ9BJ26 Fevertree Drinks Plc United Kingdom United
Kingdom
15/05/2017 Annual Against 1
3
Apparent failure to link pay and appropriate
performance
Overboarded/Too many other time commitments
1127039 GB00BRS65X63 Indivior PLC United Kingdom United
Kingdom
17/05/2017 Annual Against 2
3
Apparent failure to link pay and appropriate
performance
Overboarded/Too many other time commitments
1122475 GB00BV9FP302 Computacenter plc United Kingdom United
Kingdom
04/05/2017 Annual All For
1120605 GB00BVC3CB83 John Laing Group
plc
United Kingdom United
Kingdom
11/05/2017 Annual All For
1146414 GB00BVFD4645 HSS Hire Group plc United Kingdom United
Kingdom
14/06/2017 Annual All For
1116373 GB00BVFD7Q58 Standard Life plc United Kingdom United
Kingdom
16/05/2017 Annual All For
1149529 GB00BVFD7Q58 Standard Life plc United Kingdom United
Kingdom
19/06/2017 Special Against 2 Apparent failure to link pay & appropriate
performance
1116822 GB00BVFNZH21 Rotork plc United Kingdom United
Kingdom
28/04/2017 Annual Against 11 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1141777 GB00BVG1CF25 Woodford Patient
Capital Trust plc
United Kingdom United
Kingdom
12/06/2017 Annual All For
1145484 GB00BVG6X439 VPC Specialty
Lending
Investments plc
United Kingdom United
Kingdom
13/06/2017 Annual All For
1144900 GB00BVG7F061 International Game
Technology PLC
United Kingdom United
Kingdom
22/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1134797 GB00BVGBY890 Zegona
Communications plc
United Kingdom United
Kingdom
17/05/2017 Annual Abstain Against 3
5,7
<p>Combined CEO/Chairman</p>
<p>Concerns related to inappropriate membership
of committees</p>
1141216 GB00BVV2KN49 Eurocell plc United Kingdom United
Kingdom
19/05/2017 Annual All For
1120622 GB00BVVHWX30 Microgen plc United Kingdom United
Kingdom
24/04/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1146335 GB00BW4NPD65 Ranger Direct
Lending Fund Plc
United Kingdom United
Kingdom
15/06/2017 Annual Against 1 Concerns to protect shareholder value
1120087 GB00BWDPMF43 Shawbrook Group
plc
United Kingdom United
Kingdom
06/06/2017 Annual All For
1121145 GB00BWFGQN14 Spirax-Sarco
Engineering plc
United Kingdom United
Kingdom
09/05/2017 Annual All For
1135569 GB00BWFY5505 Nielsen Holdings plc United Kingdom United
Kingdom
23/05/2017 Annual All For
1123902 GB00BY2Z0H74 PureTech Health plc United Kingdom United
Kingdom
08/05/2017 Annual Against 8,9 Concerns related to inappropriate membership of
committees
1120599 GB00BY9D0Y18 Direct Line
Insurance Group
PLC
United Kingdom United
Kingdom
11/05/2017 Annual All For
1118448 GB00BYM8GJ06 Ascential plc United Kingdom United
Kingdom
11/05/2017 Annual All For
1143962 GB00BYM8GJ06 Ascential plc United Kingdom United
Kingdom
11/05/2017 Special All For
1150750 GB00BYMT0J19 LivaNova PLC United Kingdom United
Kingdom
14/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1118433 GB00BYN59130 Domino's Pizza
Group plc
United Kingdom United
Kingdom
20/04/2017 Annual All For
1111693 GB00BYRJ5J14 Primary Health
Properties plc
United Kingdom United
Kingdom
26/04/2017 Annual Against 10 Concerns related to inappropriate membership of
committees
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1118369 GB00BYRJH519 Hastings Group
Holdings plc
United Kingdom United
Kingdom
25/05/2017 Annual Against 2
11,12
15
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
Overboarded/Too many other time commitments
1138561 GB00BYSS4K11 Georgia Healthcare
Group PLC
United Kingdom United
Kingdom
01/06/2017 Annual Abstain Against 3,6
2
Concerns related to inappropriate membership of
committees
Apparent failure to link pay and appropriate
performance
1136774 GB00BYT18307 TBC Bank Group plc United Kingdom United
Kingdom
05/06/2017 Annual All For
1132245 GB00BYT18414 Cardtronics plc United Kingdom United
Kingdom
10/05/2017 Annual All For
1155034 GB00BYV24996 Medica Group PLC United Kingdom United
Kingdom
28/06/2017 Annual All For
1158346 GB00BYW6GV68 Ferroglobe PLC United Kingdom United
Kingdom
28/06/2017 Annual Against 4
13,14
Concerns related to approach to board diversity
Concerns to protect shareholder value
1119379 GB00BYWWHR75 Equiniti Group plc United Kingdom United
Kingdom
25/04/2017 Annual All For
1154438 GB00BYX91H57 JD Sports Fashion
plc
United Kingdom United
Kingdom
29/06/2017 Annual Against 2,3
5
Apparent failure to link pay and appropriate
performance
Combined CEO/ChairmanOverboarded/Too many
other time commitments
1138459 GB00BYXJC278 Ibstock plc United Kingdom United
Kingdom
24/05/2017 Annual Abstain Against 7,9
2
Apparent failure to link pay and appropriate
performance
1120014 GB00BYYK2V80 Worldpay Group plc United Kingdom United
Kingdom
10/05/2017 Annual All For
1129259 GB00BYYN4225 Hostelworld Group
Plc
United Kingdom United
Kingdom
01/06/2017 Annual Abstain 7 Concerns related to inappropriate membership of
committees
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1138535 GB00BYYW3C20 Forterra plc United Kingdom United
Kingdom
23/05/2017 Annual Abstain 10,11
1119377 GB00BYZJ7G42 Harworth Group plc United Kingdom United
Kingdom
24/05/2017 Annual Abstain Against 4
9
Concerns related to inappropriate membership of
committees
Concerns related to inappropriate membership of
committees
1125701 GB00BYZWX769 Croda International
plc
United Kingdom United
Kingdom
26/04/2017 Annual All For
1143155 GB00BZ02Q916 Gocompare.com
Group plc
United Kingdom United
Kingdom
25/05/2017 Annual Against 3
7
14
4
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
Concerns to protect shareholder value
Overboarded/Too many other time commitments
1134967 GB00BZ04Y379 ARRIS International
plc
United Kingdom United
Kingdom
10/05/2017 Annual All For
1140687 GB00BZ0XJR39 Great Portland
Estates plc
United Kingdom United
Kingdom
17/05/2017 Special All For
1118362 GB00BZ1G4322 Melrose Industries
PLC
United Kingdom United
Kingdom
11/05/2017 Annual All For
1136101 GB00BZ1G4322 Melrose Industries
PLC
United Kingdom United
Kingdom
11/05/2017 Special Against 1,2,3 Apparent failure to link pay and appropriate
performanc
1136101 GB00BZ1G4322 Melrose Industries
PLC
United Kingdom United
Kingdom
11/05/2017 Special All For
1130849 GB00BZ21RF93 Stallergenes Greer
Plc
United Kingdom United
Kingdom
08/06/2017 Annual Against 2,3,4
8
15,16,17
5
Apparent failure to link pay and appropriate
performance
Overboarded/Too many other time commitments
Poison pill/anti-takeover measure not in investors
interests
Vote against combined Chair/CEO
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1126935 GB00BZ6STL67 Metro Bank plc United Kingdom United
Kingdom
25/04/2017 Annual Against 4 Concerns about overall board structure 2- Non-
independent Chairman 3- Performance-related
pay/awards for non-executives
1123120 GB00BZBX0P70 The Gym Group plc United Kingdom United
Kingdom
06/06/2017 Annual All For
1132538 GB00BZC0LP49 Luceco Plc United Kingdom United
Kingdom
25/05/2017 Annual All For
1153239 GG00B1NP5142 BH Macro Ltd United Kingdom Guernsey 23/06/2017 Annual All For
1131749 GG00B2QQPT96 BH Global Ltd United Kingdom Guernsey 26/06/2017 Annual All For
1117371 GG00B3KX4Q34 NB Global Floating
Rate Income Fund
Ltd
United Kingdom Guernsey 05/04/2017 Special All For
1134731 GG00B3KX4Q34 NB Global Floating
Rate Income Fund
Ltd
United Kingdom Guernsey 14/06/2017 Annual All For
1133343 GG00B4L84979 Burford Capital
Limited
United Kingdom Guernsey 16/05/2017 Annual All For
1133256 GG00B4ZPCJ00 F&C Commercial
Property Trust
Limited
United Kingdom Guernsey 31/05/2017 Annual All For
1125249 GG00B4ZWPH08 John Laing
Infrastructure Fund
Ltd
United Kingdom Guernsey 19/05/2017 Annual All For
1134111 GG00B79WC100 Starwood European
Real Estate Finance
Ltd
United Kingdom Guernsey 11/05/2017 Annual Against 9
7
Concerns to protect shareholder value
Concerns to protect shareholder value
1144383 GG00B8C23S81 ICG-Longbow
Senior Secured UK
Property Debt
Investments Ltd
United Kingdom Guernsey 31/05/2017 Annual All For
1114920 GG00BBHX2H91 Renewables
Infrastructure
Group Ltd
United Kingdom Guernsey 03/05/2017 Annual Against 2,3 Overboarded/Too many other time commitments
1118040 GG00BBHXCL35 Riverstone Energy
Limited
United Kingdom Guernsey 23/05/2017 Annual Against 14 Concerns to protect shareholder value 2- Issue of
capital raises concerns about excessive dilution of
existing shareholders
1147674 GG00BV54HY67 Sequoia Economic
Infrastructure
Income Fund Ltd
United Kingdom Guernsey 19/05/2017 Special All For
1142548 GG00BYMK4250 SafeCharge
International Group
Limited
United Kingdom Guernsey 19/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127035 GG00BYV2ZQ34 Regional REIT Ltd United Kingdom Guernsey 25/05/2017 Annual All For
1135297 GI000A0F6407 888 Holdings plc United Kingdom Gibraltar 09/05/2017 Annual All For
1158684 GRS003003027 National Bank of
Greece SA
Europe Greece 30/06/2017 Annual Against 10
5
Insufficient basis to support a decision
Insufficient/poor disclosure
1158684 GRS003003027 National Bank of
Greece SA
Europe Greece 30/06/2017 Annual Against 9
10
5
Inappropriate bundling of election of directors on a
single vote
Insufficient basis to support a decision
Insufficient/poor disclosure
1154123 GRS014003016 Piraeus Bank SA Europe Greece 28/06/2017 Annual All For
1154123 GRS014003016 Piraeus Bank SA Europe Greece 28/06/2017 Annual Against 6 Inappropriate bundling of election of directors on a
single vote
1158690 GRS015003007 Alpha Bank AE Europe Greece 30/06/2017 Annual Against 6 Inappropriate bundling of election of directors on a
single vote
1158690 GRS015003007 Alpha Bank AE Europe Greece 30/06/2017 Annual All For
1126936 GRS074083007 Titan Cement
Company SA
Europe Greece 12/05/2017 Annual Against 8 Apparent failure to link pay and appropriate
performance
1148916 GRS091103002 Metka Industrial
Construction SA
Europe Greece 01/06/2017 Annual Against 9 15422 Insufficient basis to support a decision
1115566 GRS096003009 Fourlis Holdings SA Europe Greece 16/06/2017 Annual Against 8
5
Apparent failure to link pay and appropriate
performance
Inappropriate bundling of election of directors on a
single vote
1144899 GRS191213008 ELLAKTOR SA Europe Greece 30/06/2017 Annual Against 8
6
Concerns to protect shareholder value ; Insufficient
basis to support a decision
Insufficient/poor disclosure
1141314 GRS260333000 Hellenic
Telecommunication
s Organization SA
Europe Greece 15/05/2017 Special Against 3 Insufficient/poor disclosure
1118194 GRS260333000 Hellenic
Telecommunication
s Organization SA
Europe Greece 20/06/2017 Annual Against 3,4 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1138011 GRS294003009 Folli Follie Group Europe Greece 30/06/2017 Annual Against 9
4,5
8
Insufficient basis to support a decision
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
1152021 GRS323003012 Eurobank Ergasias
SA
Europe Greece 16/06/2017 Annual Against 4 Inappropriate bundling of election of directors on a
single vote
1112577 GRS359353000 Athens Water
Supply & Sewage
(EYDAP)
Europe Greece 16/06/2017 Annual Against 8 Insufficient/poor disclosure
1148915 GRS393503008 Mytilineos Holdings
SA
Europe Greece 01/06/2017 Annual Against 6
13
Inappropriate bundling of election of directors on a
single vote
Insufficient basis to support a decision
1104273 GRS395363005 Hellenic Exchanges -
Athens Stock
Exchange SA
Europe Greece 24/05/2017 Annual All For
1153300 GRS395363005 Hellenic Exchanges -
Athens Stock
Exchange SA
Europe Greece 09/06/2017 Special All For
1119635 GRS419003009 OPAP (Greek
Organisation of
Football
Prognostics SA)
Europe Greece 27/04/2017 Annual Against 12,13
8.16
9
Apparent failure to link pay & appropriate
performance
Insufficient/poor disclosure
Lack of independence on board
1119635 GRS419003009 OPAP (Greek
Organisation of
Football
Prognostics SA)
Europe Greece 27/04/2017 Annual Against 9
12,13
<p>Lack of independence on board</p>
Apparent failure to link pay & appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1149989 GRS426003000 Motor Oil (Hellas)
Corinth Refineries
SA
Europe Greece 07/06/2017 Annual Against 8
3
Apparent failure to link pay & appropriate
performance
Inappropriate bundling of election of directors on a
single vote
1144984 GRS434003000 Public Power
Corporation S.A.
Europe Greece 23/05/2017 Special Against 5 Insufficient basis to support a decision
1152817 GRS434003000 Public Power
Corporation S.A.
Europe Greece 12/06/2017 Special All For
1113566 GRS470003013 Piraeus Port
Authority SA
Europe Greece 28/06/2017 Annual Against 1
6,8
Inappropriate bundling of election of directors on a
single vote
Insufficient/poor disclosure
1123124 GRS495003006 Aegean Airlines SA Europe Greece 10/05/2017 Annual Against 8
5,6
Insufficient basis for a decision
Insufficient/poor disclosure
1145461 HK0000046869 SinoMedia Holding
Ltd.
Asia Hong Kong 09/06/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1131799 HK0000049939 China Unicom
(Hong Kong) Ltd
Asia Hong Kong 10/05/2017 Annual Against 2.1b,2.1d
5,6
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1140112 HK0000055878 China Taiping
Insurance Holdings
Co Ltd.
Asia Hong Kong 23/05/2017 Annual Against 3a4
5,7
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1147275 HK0000056256 China Traditional
Chinese Medicine
Holdings Co.
Limited
Asia Hong Kong 05/06/2017 Annual Against 3a3,3a4,4
3a5
Concerns related to Non-audit fees
Concerns related to attendance at board or
committee meetingsConcerns related to Non-audit
fees
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1136100 HK0000063609 Swire Properties
Ltd.
Asia Hong Kong 16/05/2017 Annual Against 4
1c
Issue of capital raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1136154 HK0000065737 China Overseas
Grand Oceans
Group Ltd.
Asia Hong Kong 23/05/2017 Annual Against 7,8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1142481 HK0000065869 Guotai Junan
International
Holdings Ltd.
Asia Hong Kong 26/05/2017 Annual Against 3.2,3.3,5
6a,6c
Concerns related to Non-audit fees
Issue of equity raises concerns about excessive
dilution of existing shareholders
1117569 HK0000069689 AIA Group Ltd. Asia Hong Kong 12/05/2017 Annual All For
1149035 HK0000077468 Far East Horizon
Ltd.
Asia Hong Kong 07/06/2017 Annual Against 6,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1147905 HK0000080694 Welling Holding Ltd Asia Hong Kong 16/06/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1152300 HK0000080694 Welling Holding Ltd Asia Hong Kong 16/06/2017 Special Against 1 Insufficient justification for related party transaction
1123443 HK0000083920 Sun Art Retail
Group Ltd.
Asia Hong Kong 10/05/2017 Annual Against 6,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1153946 HK0000139300 Television
Broadcasts Ltd.
Asia Hong Kong 29/06/2017 Annual Against 9,10
7
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Insufficient basis to support a decision
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1130968 HK0000145638 Beijing Tong Ren
Tang Chinese
Medicine Co Ltd
Asia Hong Kong 08/05/2017 Annual Against 5A,5C Issue of equity raises concerns about excessive
dilution of existing shareholders
1125415 HK0000174232 Spring Real Estate
Investment Trust
Asia Hong Kong 25/05/2017 Special All For
1130956 HK0000179108 HK Electric
Investments Limited
Asia Hong Kong 10/05/2017 Annual Against 2a,2d,2f
4
2b
Concerns related to Non-audit fees
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1128622 HK0002007356 CLP Holdings Ltd. Asia Hong Kong 05/05/2017 Annual Against 2e Concerns related to potential conflict of interests 2-
Concerns to protect shareholder value 3-
Overboarded/Too many other time commitments
1140639 HK0003000038 The Hong Kong and
China Gas Co. Ltd.
Asia Hong Kong 07/06/2017 Annual Against 6.3,6.4
3.1,3.2
3.3
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
Lack of independence on boardOverboarded/Too
many other time commitments
1131795 HK0004000045 The Wharf
(Holdings) Ltd.
Asia Hong Kong 10/05/2017 Annual Against 6,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1130939 HK0006000050 Power Assets
Holdings Ltd.
Asia Hong Kong 10/05/2017 Annual Against 5,7
3b
3d
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
Overboarded/Too many other time commitments
1126324 HK0010000088 Hang Lung Group
Limited
Asia Hong Kong 27/04/2017 Annual Against 3a
6,7
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1120053 HK0011000095 Hang Seng Bank Asia Hong Kong 12/05/2017 Annual Against 6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1142963 HK0012000102 Henderson Land
Development Co.
Ltd.
Asia Hong Kong 05/06/2017 Annual Against 3A1,3A2,3A3,3A4,3A5,3A6
5C,5D
Concerns about overall board structure
Issue of equity raises concerns about excessive
dilution of existing shareholders
1129860 HK0014000126 Hysan
Development Co.
Ltd.
Asia Hong Kong 15/05/2017 Annual Against 4 Issue of equity raises concerns about excessive
dilution of existing shareholders
1148809 HK0017000149 New World
Development Co.
Ltd.
Asia Hong Kong 26/05/2017 Special All For
1136092 HK0019000162 Swire Pacific
Limited
Asia Hong Kong 18/05/2017 Annual Against 1a,1b
4
Concerns about overall board structure
Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1132501 HK0020000177 Wheelock & Co. Ltd. Asia Hong Kong 11/05/2017 Annual Against 6,7
2a
Issue of equity raises concerns about excessive
dilution of existing shareholders
Vote against combined Chair/CEO
1132501 HK0020000177 Wheelock & Co. Ltd. Asia Hong Kong 11/05/2017 Annual Against 6,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1129475 HK0023000190 The Bank of East
Asia, Limited
Asia Hong Kong 05/05/2017 Annual Against 4,6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1127491 HK0027032686 Galaxy
Entertainment
Group Ltd.
Asia Hong Kong 04/05/2017 Annual Against 4.2,4.3 Issue of equity raises concerns about excessive
dilution of existing shareholders
1134682 HK0044000302 Hong Kong Aircraft
Engineering Co. Ltd.
Asia Hong Kong 12/05/2017 Annual Against 4
1b
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1130943 HK0045000319 The Hongkong and
Shanghai Hotels Ltd.
Asia Hong Kong 08/05/2017 Annual Against 3e
5,7
Concerns related to attendance at board or
committee meetingsOverboarded/Too many other
time commitments
Issue of equity raises concerns about excessive
dilution of existing shareholders
1135271 HK0066009694 MTR Corporation
Ltd
Asia Hong Kong 17/05/2017 Annual Against 3e Overboarded/Too many other time commitments
1143109 HK0071000456 Miramar Hotel and
Investment Co., Ltd.
Asia Hong Kong 01/06/2017 Annual Against 3c
5,7
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1140592 HK0086000525 Sun Hung Kai & Co.,
Ltd.
Asia Hong Kong 25/05/2017 Annual Against 2b
4A,4C
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1126323 HK0101000591 Hang Lung
Properties Ltd.
Asia Hong Kong 27/04/2017 Annual Against 3a
6,7
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1140690 HK0119000674 Poly Property
Group Co., Ltd.
Asia Hong Kong 25/05/2017 Annual Against 4A,4C
2A,2B
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1144372 HK0123000694 Yuexiu Property
Company Limited
Asia Hong Kong 06/06/2017 Annual Against 5B,5C
3.3
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded
1151823 HK0123000694 Yuexiu Property
Company Limited
Asia Hong Kong 06/06/2017 Special All For
1144551 HK0144000764 China Merchants
Port Holdings
Company Limited
Asia Hong Kong 02/06/2017 Annual Against 5A
5B,5D
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Issue of equity raises concerns about excessive
dilution of existing shareholders
1146767 HK0144000764 China Merchants
Port Holdings
Company Limited
Asia Hong Kong 02/06/2017 Special All For
1149236 HK0160011786 Hon Kwok Land
Investment Co. Ltd.
Asia Hong Kong 25/05/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1140009 HK0165000859 China Everbright
Limited
Asia Hong Kong 25/05/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1144278 HK0200030994 Melco International
Development Ltd
Asia Hong Kong 09/06/2017 Annual Against 3a3,3a4,4
6.1,6.2
Concerns related to Non-audit fees
Issue of equity raises concerns about excessive
dilution of existing shareholders
1130942 HK0257001336 China Everbright
International Ltd.
Asia Hong Kong 24/05/2017 Annual Against 5.3
5.1
3b,3c,3d
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1142455 HK0267001375 CITIC Limited Asia Hong Kong 13/06/2017 Annual Against 9 Issue of equity raises concerns about excessive
dilution of existing shareholders
1143885 HK0270001396 Guangdong
Investment Ltd.
Asia Hong Kong 23/06/2017 Annual Against 3.3
5
3.4
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded
1141185 HK0285041858 BYD Electronic
(International) Co.,
Ltd.
Asia Hong Kong 06/06/2017 Annual Against 9,11 Issue of equity raises concerns about excessive
dilution of existing shareholders
1141784 HK0291001490 China Resources
Beer (Holdings) Co.,
Ltd.
Asia Hong Kong 25/05/2017 Annual Against 6,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1134124 HK0293001514 Cathay Pacific
Airways Ltd
Asia Hong Kong 17/05/2017 Annual Against 1d
4
1a,1e,1f
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1140921 HK0308001558 China Travel
International
Investment Hong
Kong Limited
Asia Hong Kong 24/05/2017 Annual Against 6,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1138661 HK0363006039 Shanghai Industrial
Holdings Ltd
Asia Hong Kong 22/05/2017 Annual Against 6,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1118099 HK0388045442 Hong Kong
Exchanges and
Clearing Ltd
Asia Hong Kong 26/04/2017 Annual All For
1151629 HK0392044647 Beijing Enterprises
Holdings Ltd.
Asia Hong Kong 22/06/2017 Annual Against 3.2
7
6
Concerns related to attendance at board or
committee meetings
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
1141168 HK0440001847 Dah Sing Financial
Holdings Ltd.
Asia Hong Kong 26/05/2017 Annual Against 6,8
9
Issue of equity raises concerns about excessive
dilution of existing shareholders
Performance-related pay/awards for non-executives
1136824 HK0560006634 Chu Kong Shipping
Enterprises (Group)
Company Limited
Asia Hong Kong 17/05/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1144789 HK0604011236 Shenzhen
Investment Ltd.
Asia Hong Kong 08/06/2017 Annual Against 12
4,5
10,11
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1143064 HK0606037437 China Agri-
Industries Holdings
Ltd.
Asia Hong Kong 02/06/2017 Annual Against 5A,5C Issue of equity raises concerns about excessive
dilution of existing shareholders
1137913 HK0639031506 Shougang Fushan
Resources Group
Ltd.
Asia Hong Kong 26/05/2017 Annual Against 5,7
3E
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1145321 HK0656038673 Fosun International
Ltd
Asia Hong Kong 06/06/2017 Annual Against 8,9
6,7
3.1
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1151942 HK0656038673 Fosun International
Ltd
Asia Hong Kong 06/06/2017 Special Against 2
1a,1b,1c,1d,1e,1f,1g,1h,1i,1j
,1k,1l,1m,1n,1o,1p,1q,1r
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Performance-related pay/awards for non-executives
1134125 HK0669013440 Techtronic
Industries Co., Ltd.
Asia Hong Kong 19/05/2017 Annual Against 8
5,7
3d
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
Lack of independent representation at board
committees
1142450 HK0688002218 China Overseas
Land & Investment
Ltd.
Asia Hong Kong 12/06/2017 Annual Against 7,8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1142450 HK0688002218 China Overseas
Land & Investment
Ltd.
Asia Hong Kong 12/06/2017 Annual Against 7,8
3a
Issue of equity raises concerns about excessive
dilution of existing shareholders
Vote against combined Chair/CEO
1144790 HK0716002271 Singamas Container
Holdings Ltd
Asia Hong Kong 22/06/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1130950 HK0808032913 Prosperity Real
Estate Investment
Trust
Asia Hong Kong 09/05/2017 Annual All For
1148634 HK0817039453 China Jinmao
Holdings Group Ltd.
Asia Hong Kong 07/06/2017 Annual Against 7,8
3C
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1145457 HK0836012952 China Resources
Power Holdings
Co., Ltd.
Asia Hong Kong 08/06/2017 Annual Against 3.2,3.3
6,7
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1142895 HK0880043028 SJM Holdings Ltd. Asia Hong Kong 13/06/2017 Annual Against 7
3.3
Apparent failure to link pay and appropriate
performance
Concerns related to attendance at board or
committee meetings
1142922 HK0882007260 Tianjin
Development
Holdings Ltd.
Asia Hong Kong 19/05/2017 Special Against 1 Apparent failure to link pay & appropriate
performance
1142258 HK0882007260 Tianjin
Development
Holdings Ltd.
Asia Hong Kong 15/06/2017 Annual Against 5B,5C Issue of equity raises concerns about excessive
dilution of existing shareholders
1142931 HK0883013259 CNOOC Ltd. Asia Hong Kong 26/05/2017 Annual Against B2,B3 Issue of capital raises concerns about excessive
dilution of existing shareholders
1127171 HK0941009539 China Mobile
Limited
Asia Hong Kong 25/05/2017 Annual Against 7,8
4.2
Issue of capital raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1137809 HK0941009539 China Mobile
Limited
Asia Hong Kong 25/05/2017 Annual Against 7,8
4.2
Issue of capital raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1140912 HK1093012172 CSPC
Pharmaceutical
Group Ltd.
Asia Hong Kong 25/05/2017 Annual Against 8
6,7
3a4
3a1
Apparent failure to link pay & appropriate
performance
Issue of capital raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
Vote against combined Chair/CEO
1140912 HK1093012172 CSPC
Pharmaceutical
Group Ltd.
Asia Hong Kong 25/05/2017 Annual Against 8
6,7
3a4
Apparent failure to link pay & appropriate
performance
Issue of capital raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1137825 HK1881037571 Regal Real Estate
Investment Trust
Asia Hong Kong 18/05/2017 Annual All For
1141577 HK1883037637 Citic Telecom
International
Holdings Ltd.
Asia Hong Kong 01/06/2017 Annual Against 6,8
4
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1141179 HK2356013600 Dah Sing Banking
Group Ltd.
Asia Hong Kong 26/05/2017 Annual Against 5
6
3b
7
Concerns related to Non-audit fees
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time
commitmentsConcerns related to Non-audit fees
Performance-related pay/awards for non-executives
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1141587 HK2380027329 China Power
International
Development Ltd.
Asia Hong Kong 06/06/2017 Annual Against 8A,8C Issue of equity raises concerns about excessive
dilution of existing shareholders
1140647 HK2388011192 BOC Hong Kong
(Holdings) Ltd.
Asia Hong Kong 28/06/2017 Annual Against 3b
3a
8
6
Concerns related to attendance at board or
committee meetings
Concerns related to attendance at board or
committee meetings
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
1140893 HK2388011192 BOC Hong Kong
(Holdings) Ltd.
Asia Hong Kong 28/06/2017 Special All For
1126227 HK2778034606 Champion Real
Estate Investment
Trust
Asia Hong Kong 23/05/2017 Annual Against 5 Overboarded/Too many other time commitments
1144896 HK2778034606 Champion Real
Estate Investment
Trust
Asia Hong Kong 23/05/2017 Special All For
1136890 HK3377040226 Sino-Ocean Group
Holding Limited
Asia Hong Kong 18/05/2017 Annual Against 5A,5C Issue of equity raises concerns about excessive
dilution of existing shareholders
1138449 HK3808041546 Sinotruk (Hong
Kong) Ltd
Asia Hong Kong 07/06/2017 Annual All For
1121900 HU0000061726 OTP Bank PLC Emerging Markets Hungary 12/04/2017 Annual Against 11 Concerns to protect shareholder value
1123045 HU0000068952 MOL Hungarian Oil
and Gas Plc
Emerging Markets Hungary 13/04/2017 Annual Against 13,14,15,17,18,19,21
9
Concerns about overall board structure
Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1123045 HU0000068952 MOL Hungarian Oil
and Gas Plc
Emerging Markets Hungary 13/04/2017 Annual Against 13,14,15,16,17,18,19,20,21
9,24
Concerns about overall board structure
Issue of equity raises concerns about excessive
dilution of existing shareholders
1119093 HU0000073507 Magyar Telekom
Plc.
Emerging Markets Hungary 07/04/2017 Annual All For
1128002 HU0000123096 Chemical WKS of
Richter Gedeon Plc
Emerging Markets Hungary 26/04/2017 Annual All For
1127509 HU0000123096 Chemical WKS of
Richter Gedeon Plc
Emerging Markets Hungary 26/04/2017 Annual All For
1142934 ID1000057003 PT Indofood Sukses
Makmur Tbk
Emerging Markets Indonesia 02/06/2017 Annual All For
1119902 ID1000058407 PT United Tractors
Tbk
Emerging Markets Indonesia 13/04/2017 Annual All For
1147459 ID1000059603 PT Hanson
International Tbk
Emerging Markets Indonesia 15/06/2017 Annual All For
1138395 ID1000061302 PT Indocement
Tunggal Prakarsa
Tbk
Emerging Markets Indonesia 22/05/2017 Annual All For
1116813 ID1000066103 PT Astra Graphia
Tbk
Emerging Markets Indonesia 11/04/2017 Annual All For
1137655 ID1000068604 PT Gudang Garam
Tbk
Emerging Markets Indonesia 17/06/2017 Annual All For
1125688 ID1000074008 PT Hanjaya
Mandala
Sampoerna Tbk
Emerging Markets Indonesia 27/04/2017 Annual All For
1125497 ID1000074008 PT Hanjaya
Mandala
Sampoerna Tbk
Emerging Markets Indonesia 27/04/2017 Special All For
1150123 ID1000086002 PT Gajah Tunggal
Tbk
Emerging Markets Indonesia 20/06/2017 Annual All For
1146989 ID1000092406 PT Summarecon
Agung Tbk
Emerging Markets Indonesia 15/06/2017 Annual/Special Against 1 Insufficient/poor disclosure
1122751 ID1000094006 PT Tambang
Batubara Bukit
Asam Tbk
Emerging Markets Indonesia 20/04/2017 Annual Against 7,8 Insufficient/poor disclosure
1114674 ID1000094204 PT Bank Danamon
Indonesia Tbk
Emerging Markets Indonesia 12/04/2017 Annual/Special Against 5 Insufficient disclosure
1137499 ID1000095201 PT Clipan Finance
Indonesia Tbk
Emerging Markets Indonesia 22/05/2017 Annual Against 6,7,8 Insufficient/poor disclosure
1150846 ID1000095607 PT Panin Financial
Tbk
Emerging Markets Indonesia 22/06/2017 Annual All For
1122757 ID1000095706 PT Unilever
Indonesia Tbk
Emerging Markets Indonesia 27/04/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1145296 ID1000095706 PT Unilever
Indonesia Tbk
Emerging Markets Indonesia 20/06/2017 Annual/Special Against 4,2 Insufficient/poor disclosure
1139538 ID1000097405 PT Indosat Tbk Emerging Markets Indonesia 24/05/2017 Annual Against 6 Insufficient/poor disclosure
1122732 ID1000098007 PT Bank CIMB
Niaga Tbk
Emerging Markets Indonesia 25/04/2017 Annual/Special Against 5 Insufficient/poor disclosure
1130877 ID1000099500 PT Ramayana
Lestari Sentosa Tbk
Emerging Markets Indonesia 16/05/2017 Annual All For
1136814 ID1000105604 PT Global
Mediacom Tbk
Emerging Markets Indonesia 23/06/2017 Annual Against 4,6 Policy Rationale:Insufficient/poor disclosure
1137135 ID1000106206 PT Media
Nusantara Citra Tbk
Emerging Markets Indonesia 22/06/2017 Annual Against 4,6 Insufficient/poor disclosure
1122756 ID1000106701 PT AKR Corporindo
Tbk
Emerging Markets Indonesia 20/04/2017 Annual Against 5 Insufficient/poor disclosure
1117342 ID1000109507 PT Bank Central
Asia Tbk
Emerging Markets Indonesia 06/04/2017 Annual All For
1130746 ID1000109606 PT Elnusa Tbk Emerging Markets Indonesia 19/05/2017 Annual All For
1141745 ID1000110000 PT Bakrie &
Brothers Tbk
Emerging Markets Indonesia 20/06/2017 Annual/Special Against 1
5
2
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
Issue of equity raises concerns about excessive
dilution of existing shareholders
1139504 ID1000110802 PT Bumi Serpong
Damai Tbk
Emerging Markets Indonesia 02/06/2017 Annual All For
1122424 ID1000111305 PT Adaro Energy
Tbk
Emerging Markets Indonesia 26/04/2017 Annual All For
1120059 ID1000111602 PT Perusahaan Gas
Negara (Persero)
Tbk
Emerging Markets Indonesia 04/05/2017 Annual Against 6
8
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1124887 ID1000113301 PT Matahari
Department Store
Tbk
Emerging Markets Indonesia 26/04/2017 Annual All For
1139910 ID1000115306 PT Ciputra
Development Tbk
Emerging Markets Indonesia 15/06/2017 Annual Against 4 Insufficient/poor disclosure
1142943 ID1000116700 PT Indofood CBP
Sukses Makmur Tbk
Emerging Markets Indonesia 02/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135831 ID1000116908 PT Tower Bersama
Infrastructure Tbk
Emerging Markets Indonesia 17/05/2017 Annual All For
1138386 ID1000117708 PT Charoen
Pokphand
Indonesia Tbk
Emerging Markets Indonesia 23/05/2017 Annual All For
1122841 ID1000118607 PT Mitrabahtera
Segara Sejati Tbk
Emerging Markets Indonesia 20/04/2017 Annual Against 5 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1141678 ID1000119100 PT Salim Ivomas
Pratama Tbk
Emerging Markets Indonesia 31/05/2017 Annual All For
1150104 ID1000119407 PT Malindo
Feedmill Tbk
Emerging Markets Indonesia 20/06/2017 Annual All For
1130685 ID1000119902 PT Surya Semesta
Internusa Tbk
Emerging Markets Indonesia 05/04/2017 Special Against 1 Insufficient/poor disclosure
1129937 ID1000119902 PT Surya Semesta
Internusa Tbk
Emerging Markets Indonesia 05/05/2017 Annual/Special Against 7 Insufficient/poor disclosure
1146974 ID1000121601 PT Erajaya
Swasembada Tbk
Emerging Markets Indonesia 20/06/2017 Annual Against 5 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1120926 ID1000122401 PT Petrosea Tbk Emerging Markets Indonesia 21/04/2017 Annual Against 5 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1142935 ID1000122500 PT Pakuwon Jati Tbk Emerging Markets Indonesia 02/06/2017 Annual All For
1122755 ID1000122807 PT Astra
International Tbk
Emerging Markets Indonesia 20/04/2017 Annual Against 4
3
Insufficient basis to support a decision 2-
Insufficient/poor disclosure
Insufficient basis to support a decision 2-
Insufficient/poor disclosure
1134122 ID1000123904 PT Bank
Pembangunan
Daerah Jawa Timur
Tbk
Emerging Markets Indonesia 15/06/2017 Special Against 1,3 Insufficient/poor disclosure
1144325 ID1000125107 PT Kalbe Farma Tbk Emerging Markets Indonesia 05/06/2017 Annual All For
1132982 ID1000125305 PT Surya Citra
Media Tbk
Emerging Markets Indonesia 18/05/2017 Annual Against 3 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1134524 ID1000125503 PT Ace Hardware
Indonesia Tbk
Emerging Markets Indonesia 24/05/2017 Annual Against 5 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1134115 ID1000128705 PT Sumber Alfaria
Trijaya Tbk
Emerging Markets Indonesia 18/05/2017 Annual Against 3 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1145640 ID1000128804 PT Sarana Menara
Nusantara Tbk
Emerging Markets Indonesia 07/06/2017 Annual All For
1123589 ID1000129000 PT Telekomunikasi
Indonesia Tbk
Emerging Markets Indonesia 21/04/2017 Annual Against 8 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1123685 ID1000129000 PT Telekomunikasi
Indonesia Tbk
Emerging Markets Indonesia 21/04/2017 Annual Against 8 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1104924 IE0000669501 Glanbia plc Europe Ireland 26/04/2017 Annual Against 3(f),3(j)
3(b)
Concerns related to inappropriate membership of
committees
Lack of independence on boardConcerns related to
inappropriate membership of committees
1146444 IE0000669501 Glanbia plc Europe Ireland 22/05/2017 Special All For
1118008 IE0001827041 CRH plc Europe Ireland 27/04/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1134922 IE0002325243 IFG Group plc Europe Ireland 09/05/2017 Annual Against 3 Overboarded/Too many other time commitments
1114923 IE0004906560 Kerry Group plc Europe Ireland 04/05/2017 Annual All For
1120436 IE0004927939 Kingspan Group plc Europe Ireland 27/04/2017 Annual Against 13 Apparent failure to link pay and appropriate
performance
1118970 IE0030606259 Governor and
Company of the
Bank of Ireland
Europe Ireland 28/04/2017 Annual All For
1134687 IE0030606259 Governor and
Company of the
Bank of Ireland
Europe Ireland 28/04/2017 Court All For
1134686 IE0030606259 Governor and
Company of the
Bank of Ireland
Europe Ireland 28/04/2017 Special All For
1119966 IE00B00MZ448 Grafton Group plc Europe Ireland 09/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1152358 IE00B0CQS788 Specialist
Investment Funds
(1) plc - M&G
European Loan
Fund
Europe Ireland 22/06/2017 Annual Against 1
3
Insufficient/poor disclosure
Insufficient/poor disclosureConcerns related to Non-
audit fees
1132378 IE00B1RR8406 Smurfit Kappa
Group plc
Europe Ireland 05/05/2017 Annual All For
1138989 IE00B56GVS15 Alkermes plc Europe Ireland 24/05/2017 Annual Against 6
5,7
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
1142562 IE00B6330302 Ingersoll-Rand plc Europe Ireland 08/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1142562 IE00B6330302 Ingersoll-Rand plc Europe Ireland 08/06/2017 Annual Against 2
1f
Apparent failure to link pay and appropriate
performance
Vote against combined Chair/CEO
1143957 IE00B66B5T26 Providence
Resources Plc
Europe Ireland 24/05/2017 Annual All For
1125322 IE00B8KQN827 Eaton Corporation
plc
Europe Ireland 26/04/2017 Annual All For
1125322 IE00B8KQN827 Eaton Corporation
plc
Europe Ireland 26/04/2017 Annual Against 1a Vote against combined Chair/CEO
1132298 IE00B91XRN20 Prothena
Corporation plc
Europe Ireland 17/05/2017 Annual Against 7
5,6
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
1144898 IE00BDB6Q211 Willis Towers
Watson Public
Limited Company
Europe Ireland 13/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1126320 IE00BDC5DG00 Kenmare Resources
plc
Europe Ireland 25/05/2017 Annual All For
1142231 IE00BFRT3W74 Allegion plc Europe Ireland 07/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1146480 IE00BJ3V9050 Endo International
plc
Europe Ireland 08/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1143220 IE00BLNN3691 Weatherford
International plc
Europe Ireland 15/06/2017 Annual Against 3
1B
1I
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
Overboarded/Too many other time commitments
1119399 IE00BLP58571 Irish Continental
Group plc
Europe Ireland 17/05/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
1128238 IE00BLS09M33 Pentair plc Europe Ireland 09/05/2017 Annual All For
1128238 IE00BLS09M33 Pentair plc Europe Ireland 09/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1133744 IE00BQPVQZ61 Horizon Pharma plc Europe Ireland 03/05/2017 Annual All For
1114132 IE00BWB8X525 Permanent TSB
Group Holdings plc
Europe Ireland 10/05/2017 Annual All For
1130933 IE00BWT6H894 Paddy Power
Betfair plc
Europe Ireland 17/05/2017 Annual All For
1138638 IE00BWY4ZF18 Cairn Homes plc Europe Ireland 17/05/2017 Annual All For
1146436 IE00BXC8D038 Applegreen Plc Europe Ireland 29/05/2017 Annual Against 3(b) Overboarded/Too many other time commitments
1125222 IE00BY9D5467 Allergan plc Europe Ireland 04/05/2017 Annual All For
1114076 IL0002300114 Bezeq The Israeli
Telecommunication
Corp. Ltd.
Emerging Markets Israel 03/04/2017 Special Against A,B1,B2 Administrative declaration
1118225 IL0002300114 Bezeq The Israeli
Telecommunication
Corp. Ltd.
Emerging Markets Israel 05/04/2017 Special Against A,B1,B2 Administrative declaration
1131143 IL0002300114 Bezeq The Israeli
Telecommunication
Corp. Ltd.
Emerging Markets Israel 09/05/2017 Annual/Special Against A,B1,B2
4
Administrative declaration
Insufficient/poor disclosure
1151700 IL0002730112 NICE Ltd. Emerging Markets Israel 27/06/2017 Annual Against A Administrative declaration
1152881 IL0002730112 NICE Ltd. Emerging Markets Israel 27/06/2017 Annual Against 3A,4A Administrative declaration
1127145 IL0003230146 Melisron Ltd. Emerging Markets Israel 27/04/2017 Special Against A,B1,B2 Administrative declaration
1151453 IL0003870198 Alrov Properties &
Lodgings Ltd.
Emerging Markets Israel 27/06/2017 Special Against A,B1,B2 Administrative declaration
1130341 IL0005760173 ISRAEL
CORPORATION LTD
Emerging Markets Israel 08/05/2017 Special Against A,B1,B2 Administrative declaration
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1117048 IL0006625771 Bank Hapoalim Ltd. Emerging Markets Israel 04/04/2017 Annual/Special Against A,B1,B2 Administrative declaration
1148679 IL0007460160 Strauss Group Ltd. Emerging Markets Israel 12/06/2017 Special Against A,B1,B2 Administrative declaration
1128924 IL0007630119 F.I.B.I. Holdings Ltd. Emerging Markets Israel 04/05/2017 Annual Against A,B1,B2 Administrative declaration
1134948 IL0007770378 Shufersal Ltd. Emerging Markets Israel 15/05/2017 Special Against A,B1,B2 Administrative declaration
1153274 IL0007770378 Shufersal Ltd. Emerging Markets Israel 12/06/2017 Annual Against A,B1,B2
2
Administrative declaration
Concerns related to Non-audit fees
1150677 IL0008290103 Delek Automotive
Systems Ltd.
Emerging Markets Israel 21/06/2017 Annual/Special Against B4
A,B1,B2
Administrative declaration
1117066 IL0010816861 Summit Real Estate
Holdings Ltd
Emerging Markets Israel 05/04/2017 Annual/Special Against A,B1,B2
1
5
11
3
Administrative declaration
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
Lack of independent representation at board
committees
Votes AGAINST these proposals are warranted due
to the failure of the company to disclose
determination of exercise price and the excessive
dilution of 11.43 percent associated with the
company's equity incentive plan.
1153231 IL0010823388 Orbotech Ltd. Emerging Markets Israel 29/06/2017 Annual Against A Administrative declaration
1153530 IL0010823792 Tower
Semiconductor Ltd.
Emerging Markets Israel 29/06/2017 Annual Against A Administrative declaration
1141869 IL0010824113 Check Point
Software
Technologies Ltd.
Emerging Markets Israel 07/06/2017 Annual Against A
4
Administrative declaration
Apparent failure to link pay & appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1112423 IL0010841281 Delek Group Ltd. Emerging Markets Israel 02/04/2017 Special Against A,B1,B3
B4
1
2
Administrative declaration
Administrative declaration
Apparent failure to link pay and appropriate
performanceConcerns related to inappropriate
service contract(s)
Concerns related to inappropriate service contract(s)
1149965 IL0010845571 Nova Measuring
Instruments Ltd.
Emerging Markets Israel 22/06/2017 Annual Against A Administrative declaration
1126570 IL0011017329 Mellanox
Technologies, Ltd.
Emerging Markets Israel 25/04/2017 Annual Against 2B,3B
1117059 IL0011096448 Sella Capital Real
Estate Ltd
Emerging Markets Israel 05/04/2017 Special Against B4
A,B1,B2
Administrative declaration
1126384 IL0011194789 Azrieli Group Ltd. Emerging Markets Israel 27/04/2017 Annual/Special Against A,B1,B2
8
Administrative declaration
Insufficient basis to support a decision
1151711 IL0011301780 Wix.com Ltd. Emerging Markets Israel 26/06/2017 Annual Against A
3
Administrative declaration
Apparent failure to link pay and appropriate
performance
1153213 IL0011334468 CyberArk Software
Ltd.
Emerging Markets Israel 27/06/2017 Annual Against A
2
Administrative declaration
Apparent failure to link pay and appropriate
performance
1127060 IM00B5VQMV65 GVC Holdings PLC United Kingdom Isle of Man 20/06/2017 Annual Against 2
9
Apparent failure to link pay and appropriate
performance
Non-independent Chairman
1138480 IM00B7S9G985 Playtech plc United Kingdom Isle of Man 17/05/2017 Annual Against 2a,2b Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1143982 IM00B7S9G985 Playtech plc United Kingdom Isle of Man 17/05/2017 Special Against 1
2
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay and appropriate
performance
1135388 IM00B8BV8G91 Redefine
International plc
United Kingdom Isle of Man 25/04/2017 Special All For
1150941 IM00BHY3RF70 Manx Telecom Plc United Kingdom Isle of Man 14/06/2017 Annual All For
1122518 INE009A01021 Infosys Ltd. Emerging Markets India 05/04/2017 Special Against 1 Apparent failure to link pay & appropriate
performance
1138419 INE009A01021 Infosys Ltd. Emerging Markets India 24/06/2017 Annual All For
1158760 INE009A01021 Infosys Ltd. Emerging Markets India 24/06/2017 Annual All For
1156868 INE019A01038 JSW Steel Ltd. Emerging Markets India 29/06/2017 Annual Against 11 Concerns to protect shareholder value
1149994 INE021A01026 Asian Paints Ltd. Emerging Markets India 27/06/2017 Annual All For
1115518 INE028A01039 Bank of Baroda Ltd. Emerging Markets India 30/06/2017 Annual All For
1151430 INE030A01027 Hindustan Unilever
Limited.
Emerging Markets India 30/06/2017 Annual All For
1144482 INE034A01011 Arvind Limited Emerging Markets India 09/06/2017 Court All For
1128232 INE036A01016 Reliance
Infrastructure Ltd.
Emerging Markets India 24/04/2017 Special All For
1150073 INE044A01036 Sun Pharmaceutical
Industries Ltd.
Emerging Markets India 20/06/2017 Court All For
1118303 INE047A01021 Grasim Industries
Ltd.
Emerging Markets India 06/04/2017 Court Against 1 Concerns to protect shareholder value
1148791 INE062A01020 State Bank of India Emerging Markets India 15/06/2017 Special Abstain No Action Taken 1.7,1.8,1.9,1.10
1.5
1.1,1.2,1.3,1.4,1.6
Insufficient/poor disclosure
Concerns related to attendance at board or
committee meetings
Insufficient/poor disclosure
1153383 INE062A01020 State Bank of India Emerging Markets India 27/06/2017 Annual All For
1148138 INE075A01022 Wipro Limited Emerging Markets India 03/06/2017 Special All For
1147717 INE075A01022 Wipro Limited Emerging Markets India 05/06/2017 Special All For
1149153 INE090A01021 ICICI Bank Limited Emerging Markets India 12/06/2017 Special All For
1147819 INE090A01021 ICICI Bank Limited Emerging Markets India 30/06/2017 Annual All For
1134436 INE092A01019 Tata Chemicals Ltd. Emerging Markets India 08/05/2017 Court All For
1149413 INE101A01026 Mahindra &
Mahindra Ltd.
Emerging Markets India 13/06/2017 Court All For
1149851 INE101D01020 Granules India Ltd Emerging Markets India 12/06/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1150820 INE102D01028 Godrej Consumer
Products Ltd.
Emerging Markets India 17/06/2017 Special All For
1152230 INE112A01023 Corporation Bank
Ltd.
Emerging Markets India 28/06/2017 Annual Against 2 Issue of equity raises concerns about excessive
dilution of existing shareholders
1150812 INE140A01024 Piramal Enterprises
Limited
Emerging Markets India 14/06/2017 Special All For
1150890 INE160A01022 Punjab National
Bank Ltd.
Emerging Markets India 29/06/2017 Annual All For
1142838 INE168A01041 Jammu & Kashmir
Bank Ltd. (The)
Emerging Markets India 24/05/2017 Special All For
1154410 INE168A01041 Jammu & Kashmir
Bank Ltd. (The)
Emerging Markets India 17/06/2017 Annual Against 2,5,6
12,13,14
11
Concerns about overall board structure
Insufficient basis to support a decision
Issue of equity raises concerns about excessive
dilution of existing shareholders
1148999 INE171A01029 The Federal Bank
Ltd.
Emerging Markets India 07/06/2017 Special All For
1117206 INE199A01012 Merck Limited Emerging Markets India 31/05/2017 Annual All For
1150478 INE203G01019 Indraprastha Gas
Ltd.
Emerging Markets India 13/06/2017 Special All For
1136170 INE237A01028 Kotak Mahindra
Bank Ltd
Emerging Markets India 09/05/2017 Special All For
1113919 INE239A01016 Nestle India Ltd. Emerging Markets India 11/05/2017 Annual All For
1134570 INE256A01028 Zee Entertainment
Enterprises Ltd.
Emerging Markets India 09/05/2017 Court All For
1153224 INE347G01014 Petronet LNG Ltd. Emerging Markets India 20/06/2017 Special All For
1124845 INE424H01027 Sun TV Network Ltd Emerging Markets India 17/04/2017 Special Against 3 Apparent failure to link pay and appropriate
performance
1135267 INE434A01013 Andhra Bank Ltd. Emerging Markets India 06/05/2017 Special Against 2 Insufficient disclosure
1124307 INE467B01029 Tata Consultancy
Services Ltd.
Emerging Markets India 15/04/2017 Special All For
1152929 INE467B01029 Tata Consultancy
Services Ltd.
Emerging Markets India 16/06/2017 Annual Against 9 Concerns to protect shareholder value
1150053 INE528G01019 Yes Bank Limited Emerging Markets India 06/06/2017 Annual All For
1148593 INE562A01011 Indian Bank Limited Emerging Markets India 12/06/2017 Annual All For
1139630 INE580B01029 GRUH Finance Ltd Emerging Markets India 15/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1157546 INE669E01016 Idea Cellular Ltd Emerging Markets India 30/06/2017 Annual Against 11
3
10
2
Apparent failure to link pay and appropriate
performanceInsufficient basis to support a decision
Concerns related to attendance at board or
committee meetings
Insufficient basis to support a decision
Overboarded/Too many other time commitments
1152931 INE705A01016 Vijaya Bank Ltd. Emerging Markets India 23/06/2017 Annual All For
1144485 INE721A01013 Shriram Transport
Finance Company
Limited
Emerging Markets India 29/06/2017 Annual All For
1152557 INE742F01042 Adani Ports and
Special Economic
Zone Ltd.
Emerging Markets India 27/06/2017 Court All For
1140164 INE752H01013 Credit Analysis and
Research Limited
Emerging Markets India 19/05/2017 Special All For
1150532 INE774D01024 Mahindra &
Mahindra Financial
Services Limited
Emerging Markets India 15/06/2017 Special All For
1141493 INE775A01035 Motherson Sumi
Systems Ltd.
Emerging Markets India 16/05/2017 Special All For
1155268 INE775A01035 Motherson Sumi
Systems Ltd.
Emerging Markets India 25/06/2017 Special All For
1131379 INE836F01026 Dish TV India Ltd. Emerging Markets India 12/05/2017 Court All For
1137187 INE860A01027 HCL Technologies
Ltd.
Emerging Markets India 12/05/2017 Special All For
1147820 INE943C01027 Srikalahasthi Pipes
Limited
Emerging Markets India 27/05/2017 Special All For
1108845 IT0000060886 FNM SpA Europe Italy 28/04/2017 Annual Against 2 Apparent failure to link pay and appropriate
performanceConcerns related to inappropriate
service contracts
1112236 IT0000062072 Assicurazioni
Generali Spa
Europe Italy 25/04/2017 Annual/Special Against No Action Taken 2.a.1
2.a.2
Cumulative/slate voting in favour of individual
candidates/slates
1114873 IT0000066123 Bper Banca Europe Italy 08/04/2017 Annual Against No Action Taken 2.2
2.1
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1106153 IT0000072170 FinecoBank Banca
Fineco SpA
Europe Italy 11/04/2017 Annual/Special Against No Action Taken 3.a,3.b,3.c.2,4,5.1,6
12
A
3.c.1
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
1106094 IT0000072618 Intesa SanPaolo SPA Europe Italy 27/04/2017 Annual All For
1110077 IT0000076536 Sogefi S.p.A. Europe Italy 26/04/2017 Annual Against 4,5
3
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1110282 IT0000084027 ASTM S.p.A. Europe Italy 28/04/2017 Annual Against 4.1,4.2,4.3,7
6.2
5
Concerns related to Non-audit fees
Issue of equity raises concerns about excessive
dilution of existing shareholdersConcerns to protect
shareholder value
1108514 IT0000433307 Saras SPA Europe Italy 20/04/2017 Annual/Special Against 4
2
Concerns to protect shareholder value
Lack of independence on board
1112288 IT0000784154 Societa Cattolica di
Assicurazioni
Europe Italy 21/04/2017 Annual/Special Against 2
3
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
1110117 IT0000784196 Banca Popolare Di
Sondrio
Europe Italy 28/04/2017 Annual All For
1105999 IT0001031084 Banca Generali
S.p.a.
Europe Italy 20/04/2017 Annual Against 7
4
Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1105083 IT0001037081 SAES Getters Europe Italy 27/04/2017 Annual Against 4.1
2
5
4.2,A
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate service contract
Insufficient/poor disclosure
1126162 IT0001049623 IMA S.p.A.
(Industria Macchine
Automatiche)
Europe Italy 21/04/2017 Annual/Special Against 4
1
3
Apparent failure to link pay and appropriate
performance
Double voting rights
Issue of equity raises concerns about excessive
dilution of existing shareholders
1109301 IT0001055521 La Doria Europe Italy 16/06/2017 Annual Against 4.2,5.1,5.3
3
4.3,4.4
6
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholdersConcerns to protect
shareholder value
1111102 IT0001063210 Mediaset Spa Europe Italy 28/06/2017 Annual Against No Action Taken 4.2
A
4.1
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
1105967 IT0001078911 Interpump Group
Spa
Europe Italy 28/04/2017 Annual Against No Action Taken 4.1,4.2,4.3.2,6.1.2,6.3
3
7
4.3.1
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Cumulative/slate voting in favour of individual
candidates/slates
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1111097 IT0001137345 Autogrill Spa Europe Italy 25/05/2017 Annual Against No Action Taken 3,4,5.2
6,A
5.1
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
1112842 IT0001157020 ERG spa Europe Italy 20/04/2017 Annual Against 4,5,6
8
7
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
1110429 IT0001207098 Acea Spa Europe Italy 27/04/2017 Annual Against No Action Taken 4.2.2
3
4.3,4.4
4.2.1,4.2.3
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
1107606 IT0001233417 A2A SpA Europe Italy 15/05/2017 Annual Against No Action Taken 5.1.1,6.1.1
5.2,A
5.1.2,5.1.3
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
1111092 IT0001250932 HERA SPA Europe Italy 27/04/2017 Annual Against No Action Taken 4.2,6.2
5
4.1,4.3
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
1109280 IT0001347308 Buzzi Unicem Spa Europe Italy 12/05/2017 Annual/Special Against No Action Taken 4.2,5.2
6
4.1
Apparent failure to link pay and appropriate
performance
Cumulative/slate voting in favour of individual
candidates/slates
1131546 IT0001347308 Buzzi Unicem Spa Europe Italy 12/05/2017 Special Against 1
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1111274 IT0001389631 Beni Stabili S.p.A.
SIIQ
Europe Italy 06/04/2017 Annual/Special All For
1109664 IT0001469383 Arnoldo Mondadori
Editore S.p.A.
Europe Italy 27/04/2017 Annual/Special Against 5
2
1
A
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Double voting rights
Insufficient/poor disclosure
1105478 IT0001479374 Luxottica Group
S.p.A.
Europe Italy 28/04/2017 Annual Against 3
A
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
1110443 IT0001499679 Reply S.p.A. Europe Italy 21/04/2017 Annual Against A
2
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
1099269 IT0003007728 Tod's SPA Europe Italy 21/04/2017 Annual/Special Against 2,1 Concerns to protect shareholder value
1110231 IT0003027817 Iren SpA Europe Italy 20/04/2017 Annual Against 2
A
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
1108395 IT0003043418 EI Towers SpA Europe Italy 20/04/2017 Annual Against No Action Taken 3.2,4
2
6
3.1
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Cumulative/slate voting in favour of individual
candidates/slates
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1110283 IT0003073266 Piaggio & C. S.p.A. Europe Italy 12/04/2017 Annual/Special Against 2
A
3
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
1108961 IT0003097257 Biesse SpA Europe Italy 27/04/2017 Annual All For
1106280 IT0003115950 DE LONGHI S.p.A. Europe Italy 11/04/2017 Annual/Special Against 2
3,4
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1109904 IT0003121677 Credito Emiliano
S.p.A. (Credem)
Europe Italy 27/04/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1111306 IT0003126783 Cementir Holding
Spa
Europe Italy 19/04/2017 Annual/Special Against No Action Taken 3.a.2,3.b
5
4.a,A
3.a.1
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
1109905 IT0003128367 Enel SpA Europe Italy 04/05/2017 Annual Against No Action Taken 6.2,7,8
6.1
Cumulative/slate voting in favour of individual
candidates/slates
1109854 IT0003132476 Eni S.p.A. Europe Italy 13/04/2017 Annual Against No Action Taken 6,9,10
5.2
8.2
7
5.1
Cumulative/slate voting in favour of individual
candidates/slates
Fund manager or client vote
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1110075 IT0003153415 Snam SpA Europe Italy 11/04/2017 Annual Against 4,5
A
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
1109665 IT0003153621 Tamburi
Investment
Partners S.p.A
Europe Italy 27/04/2017 Annual Against 4
2
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
1109110 IT0003188064 Banca IFIS S.p.A. Europe Italy 21/04/2017 Annual Against A Insufficient/poor disclosure
1110438 IT0003198790 Falck Renewables
SpA
Europe Italy 27/04/2017 Annual Against No Action Taken 4.3.2,5.1.2,5.3
3
4.4,A
4.3.1
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
1110281 IT0003201198 Societa Iniziative
Autostradali e
Servizi SpA (SIAS)
Europe Italy 27/04/2017 Annual Against No Action Taken 4.1,4.2,4.3.2,4.4,4.5,5.1.2,5.
2,5.3
4.3.1
Cumulative/slate voting in favour of individual
candidates/slates
1111283 IT0003242622 Terna SpA Europe Italy 27/04/2017 Annual Against No Action Taken 3,4.2,5,6,7.2,8
A
4.1
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
1112237 IT0003261069 Astaldi SPA Europe Italy 21/04/2017 Annual All For
1108396 IT0003261697 AZIMUT HOLDING
S.p.A.
Europe Italy 27/04/2017 Annual Against A
3
2.2
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1102262 IT0003428445 MARR S.P.A. Europe Italy 28/04/2017 Annual Against No Action Taken 2.3.2,3.1.2
2.4,2.5
2.3.1
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
1111263 IT0003487029 Unione di Banche
Italiane S.p.A.
Europe Italy 07/04/2017 Annual/Special Against 2
1110430 IT0003492391 Diasorin S.p.A Europe Italy 27/04/2017 Annual Against 2,4
A
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
1127924 IT0003497168 Telecom Italia Spa Europe Italy 04/05/2017 Annual Against No Action Taken 3.1,3.2,3.3,3.4.2
2
3.4.1
Apparent failure to link pay and appropriate
performance
Cumulative/slate voting in favour of individual
candidates/slates
1109861 IT0003506190 Atlantia SPA Europe Italy 21/04/2017 Annual Against 3
2
A
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Insufficient/poor disclosure
1111923 IT0003540470 Yoox Net-A-Porter
Group SpA
Europe Italy 21/04/2017 Annual Against 2
A
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
1109545 IT0003745889 IGD -Immobiliare
Grande
Distribuzione
Europe Italy 12/04/2017 Annual/Special Against 2
A
3
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholdersConcerns to protect
shareholder value
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1105479 IT0003796171 POSTE ITALIANE SPA Europe Italy 27/04/2017 Annual Against No Action Taken 6,7,8
5.2
A
5.1
Cumulative/slate voting in favour of individual
candidates/slates
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
1109107 IT0003826473 PARMALAT S.p.A. Europe Italy 28/04/2017 Annual Against No Action Taken 3.1.1,3.2
A
3.1.2
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
1146875 IT0003826473 PARMALAT S.p.A. Europe Italy 29/05/2017 Special Against 1 Insufficient basis to support a decision
1112286 IT0003828271 Recordati Industria
Chimica e
Farmaceutica Spa
Europe Italy 11/04/2017 Annual/Special Against No Action Taken 2.a,2.b,2.c,3.a.2
4
2.d,A
1
3.a.1
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
Cumulative/slate voting in favour of individual
candidates/slates
1111103 IT0003850929 Esprinet S.p.A. Europe Italy 04/05/2017 Annual/Special Against A Insufficient/poor disclosure
1138961 IT0003856405 Leonardo S.p.A. Europe Italy 16/05/2017 Annual/Special Against No Action Taken 2,3,4.2,5,6
7
4.1
Concerns related to inappropriate service contracts
Cumulative/slate voting in favour of individual
candidates/slates
1109842 IT0003865570 Salini Impregilo
S.p.A.
Europe Italy 27/04/2017 Annual Against No Action Taken 2.1.2,2.2
2.1.1
Cumulative/slate voting in favour of individual
candidates/slates
1143639 IT0003874101 PRADA S.p.A. Europe Italy 31/05/2017 Annual/Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1111292 IT0003977540 ANSALDO STS S.P.A. Europe Italy 11/05/2017 Annual/Special Against No Action Taken 3.1.2,3.2
2,5
A
3.1.1
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
1112251 IT0004053440 Datalogic Spa Europe Italy 04/05/2017 Annual/Special Against 3
1
5
4
Apparent failure to link pay and appropriate
performance
Double voting rights
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholdersConcerns to protect
shareholder value
1097320 IT0004056880 Amplifon SpA Europe Italy 20/04/2017 Annual Against 3
4
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1106389 IT0004093263 ASCOPIAVE S.P.A. Europe Italy 27/04/2017 Annual/Special Against No Action Taken 3.2,4.2
2
1
5
3.1
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholdersConcerns to protect
shareholder value
Cumulative/slate voting in favour of individual
candidates/slates
1109667 IT0004176001 Prysmian S.p.A. Europe Italy 12/04/2017 Annual/Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1107656 IT0004195308 Gruppo
MutuiOnline S.p.A.
Europe Italy 27/04/2017 Annual Against 5
6
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
1111262 IT0004329733 Cairo
Communication
S.p.A.
Europe Italy 08/05/2017 Annual Against No Action Taken 2.c.2,3.a.2
4
2.f
2.d,2.e,A
6
2.c.1
Apparent failure to link pay and appropriate
performance
Insufficient basis to support a decision
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
Cumulative/slate voting in favour of individual
candidates/slates
1097055 IT0004712375 Salvatore
Ferragamo S.p.A
Europe Italy 27/04/2017 Annual Against No Action Taken 4.2,5
7
A
4.1
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
1104552 IT0004776628 Banca Mediolanum
S.p.A
Europe Italy 05/04/2017 Annual Against 4,5.1,5.2,5.3,A Insufficient/poor disclosure
1112291 IT0004810054 Unipol Gruppo
Finanziario SpA
Europe Italy 28/04/2017 Annual/Special Against 2,3
4
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholdersConcerns to protect
shareholder value
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1109671 IT0004827447 UnipolSai
Assicurazioni SpA
Europe Italy 27/04/2017 Annual Against 2
A
3
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholdersConcerns to protect
shareholder value
1110424 IT0004931058 Maire Tecnimont
S.p.A.
Europe Italy 26/04/2017 Annual Against 2,3
4
A
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Insufficient/poor disclosure
1100217 IT0004965148 Moncler SpA Europe Italy 20/04/2017 Annual Against No Action Taken 4.1.1
5
4.1.2
Concerns to protect shareholder value
Cumulative/slate voting in favour of individual
candidates/slates
1108268 IT0004998065 Anima Holding
S.P.A.
Europe Italy 27/04/2017 Annual Against No Action Taken 3.1,3.2.2,3.3,3.4,4.1.1,4.2,4.
3
2
3.2.1
Apparent failure to link pay and appropriate
performance
Cumulative/slate voting in favour of individual
candidates/slates
1112248 IT0005010423 Cerved Information
Solutions SpA
Europe Italy 13/04/2017 Annual Against No Action Taken 4.a.2,4.b
4.a.1
Cumulative/slate voting in favour of individual
candidates/slates
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1118401 IT0005043507 OVS SpA Europe Italy 31/05/2017 Annual/Special Against No Action Taken 6.1,6.2,6.3.2,7.2
3,4,1
5,2
6.4,6.5
6.3.1
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
1112240 IT0005084717 ePRICE S.p.A. Europe Italy 27/04/2017 Annual Against 4 Issue of equity raises concerns about excessive
dilution of existing shareholdersConcerns to protect
shareholder value
1107620 IT0005090300 Infrastrutture
Wireless Italiane
S.p.A.
Europe Italy 20/04/2017 Annual All For
1099953 IT0005162406 Technogym S.p.A. Europe Italy 21/04/2017 Annual/Special Against 3,4,1 Apparent failure to link pay and appropriate
performance
1108452 IT0005188336 El.En. S.p.A. Europe Italy 15/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1106092 IT0005211237 Italgas S.p.A. Europe Italy 28/04/2017 Annual Against 6
4,5
Apparent failure to link pay and appropriate
performance
1124496 IT0005218380 Banco BPM SPA Europe Italy 08/04/2017 Annual Against A Insufficient/poor disclosure
1106093 IT0005239360 UniCredit SpA Europe Italy 20/04/2017 Annual/Special All For
1109300 IT0005242026 Credito Valtellinese Europe Italy 08/04/2017 Annual All For
1105596 IT0005252140 Saipem Europe Italy 28/04/2017 Annual/Special Against No Action Taken 2.1,4
A
2.2
Insufficient/poor disclosure
Cumulative/slate voting in favour of individual
candidates/slates
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1124134 IT0005252207 Davide Campari-
Milano S.p.A.
Europe Italy 28/04/2017 Annual/Special Against 4
5
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholdersConcerns to protect
shareholder value
1103434 IT0005252728 Brembo SpA Europe Italy 20/04/2017 Annual/Special Against No Action Taken 5.2.1,5.2.2,6.1.2,6.2
7
6.1.1
Apparent failure to link pay and appropriate
performance
Cumulative/slate voting in favour of individual
candidates/slates
1124520 JE00B2419D89 Breedon Group plc United Kingdom Jersey 25/04/2017 Annual All For
1156101 JE00B248KJ21 Phoenix Spree
Deutschland Limited
United Kingdom Jersey 26/06/2017 Annual Against 4,5 Concerns related to inappropriate membership of
committees
1156100 JE00B248KJ21 Phoenix Spree
Deutschland Limited
United Kingdom Jersey 26/06/2017 Special All For
1133174 JE00B2QKY057 Shire plc United Kingdom Jersey 25/04/2017 Annual Against 2
4,8
Apparent failure to link pay & appropriate
performance
Overboarded/Too many other time commitments
1132539 JE00B2QKY057 Shire plc United Kingdom Jersey 25/04/2017 Annual Against 2
4,8
Apparent failure to link pay & appropriate
performance
Overboarded/Too many other time commitments
1135349 JE00B3DCF752 Atrium European
Real Estate Ltd
United Kingdom Jersey 25/04/2017 Annual Against 10,12 Concerns to protect shareholder value
1118020 JE00B3DG9318 Tarsus Group plc United Kingdom Jersey 21/06/2017 Annual Against 2
8
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1138741 JE00B3MW7P88 West China Cement
Ltd.
United Kingdom Jersey 12/05/2017 Annual Against 5,7
2b
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1115845 JE00B4T3BW64 Glencore Plc United Kingdom Jersey 24/05/2017 Annual Against 3,8 Concerns about overall board structure
1151846 JE00B5BCW814 United Company
RUSAL Plc
United Kingdom Jersey 20/06/2017 Annual Against 2a
4,6
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1123584 JE00B5SJJD95 Cape plc United Kingdom Jersey 10/05/2017 Annual All For
1129571 JE00B6RMDP68 City Merchants
High Yield Trust Ltd
United Kingdom Jersey 15/06/2017 Annual All For
1121238 JE00B6T5S470 Polymetal
International Plc
United Kingdom Jersey 16/05/2017 Annual Against 10 Concerns about overall board structure
1122754 JE00B783TY65 Delphi Automotive
PLC
United Kingdom Jersey 27/04/2017 Annual All For
1145611 JE00B8KF9B49 WPP plc United Kingdom Jersey 07/06/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1147196 JE00B8KF9B49 WPP plc United Kingdom Jersey 07/06/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance; Absolute quantum considered
excessive
1117369 JE00B9MRHZ51 CVC Credit Partners
European
Opportunities
Limited
United Kingdom Jersey 03/04/2017 Annual Against 5 Concerns related to inappropriate membership of
committees
1113975 JE00BD3QJR55 Foresight Solar
Fund Limited
United Kingdom Jersey 12/06/2017 Annual All For
1122777 JE00BD9WR069 UBM plc United Kingdom Jersey 17/05/2017 Annual All For
1129306 JE00BFNWV485 Wolseley plc United Kingdom United
Kingdom
23/05/2017 Special All For
1152242 JE00BG6L7297 boohoo.com plc United Kingdom Jersey 23/06/2017 Annual Against 12 Concerns to protect shareholder value
1127040 JE00BGP63272 Safestyle UK plc United Kingdom Jersey 18/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1148693 JE00BH6XDL31 XLMedia PLC United Kingdom Jersey 24/05/2017 Annual Abstain Against 6
2
3
Concerns related to Non-audit fees
Concerns related to inappropriate membership of
committees
Concerns related to inappropriate membership of
committees
1126961 JE00BJT32513 Kennedy Wilson
Europe Real Estate
Plc
United Kingdom Jersey 26/04/2017 Annual All For
1135255 JE00BVRZ8S85 Sanne Group plc United Kingdom Jersey 18/05/2017 Annual Against 2 Apparent failure to link pay & appropriate
performance
1118380 JE00BYPZJM29 Janus Henderson
Group plc
United Kingdom United
Kingdom
26/04/2017 Annual All For
1126264 JE00BYPZJM29 Janus Henderson
Group plc
United Kingdom United
Kingdom
26/04/2017 Special All For
1137626 JE00BYVQYS01 IWG PLC United Kingdom Jersey 16/05/2017 Annual All For
1138542 JE00BYXX8B08 GCP Asset Backed
Income Fund Ltd
United Kingdom Jersey 23/05/2017 Annual Abstain 3 Concerns related to inappropriate membership of
committees
1122950 JP3044510000 Tokyu Reit Inc. Asia Japan 21/04/2017 Special All For
1148642 JP3046170001 Mori Trust Sogo
Reit Inc.
Asia Japan 13/06/2017 Special All For
1152742 JP3046280008 Sekisui House SI
Residential
Investment REIT
Asia Japan 07/06/2017 Special All For
1144255 JP3046440008 Nippon
Accommodations
Fund Inc.
Asia Japan 19/05/2017 Special All For
1148640 JP3046450007 MCUBS MidCity
Investment
Corporation
Asia Japan 02/06/2017 Special All For
1119197 JP3046470005 Mori Hills REIT
Investment Corp
Asia Japan 21/04/2017 Special All For
1139913 JP3047660000 Hulic REIT, Inc. Asia Japan 25/05/2017 Special All For
1140894 JP3048110005 Nomura Real Estate
Master Fund, Inc.
Asia Japan 26/05/2017 Special All For
1142799 JP3100100001 Arcland Sakamoto
Co. Ltd.
Asia Japan 11/05/2017 Annual All For
1155212 JP3100210008 ARTNATURE INC Asia Japan 22/06/2017 Annual Against 2
3
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1153805 JP3100600000 Ahresty Corp. Asia Japan 15/06/2017 Annual Against 2.4 Concerns about overall board structure
1153661 JP3100800006 Aica Kogyo Co. Ltd. Asia Japan 23/06/2017 Annual All For
1152512 JP3101600009 Aisan Industry Asia Japan 13/06/2017 Annual Against 4
2.8
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1153337 JP3102000001 Aisin Seiki Co. Ltd. Asia Japan 16/06/2017 Annual All For
1153808 JP3102400003 Aida Engineering
Ltd.
Asia Japan 19/06/2017 Annual Against 2.6 Concerns about overall board structure
1155682 JP3103000000 Aichi Bank Ltd. Asia Japan 23/06/2017 Annual Against 2.2
2.1
Concerns about overall performance
Concerns about overall performanceConcerns about
overall board structure
1153814 JP3103600007 Aichi Steel Corp. Asia Japan 21/06/2017 Annual Against 2.8
2.1,2.2
Concerns about overall board structure
Concerns about overall performance
1155715 JP3104870005 CONEXIO Corp Asia Japan 27/06/2017 Annual Against 3.1,3.5,4.2 Concerns about overall board structure
1151804 JP3104890003 TIS Inc. Asia Japan 27/06/2017 Annual All For
1156363 JP3105040004 Aiful Corp. Asia Japan 27/06/2017 Annual All For
1157355 JP3105050003 Aiphone Co. Asia Japan 29/06/2017 Annual Against 3.9 Concerns about overall board structure
1154177 JP3105220002 Seven Bank Ltd Asia Japan 19/06/2017 Annual Against 1.8 Concerns about overall board structure
1154354 JP3106200003 Aoyama Trading
Co. Ltd.
Asia Japan 29/06/2017 Annual All For
1155827 JP3107200002 Via Holdings Inc. Asia Japan 29/06/2017 Annual Against 4 Insufficient basis to support a decision
1153373 JP3108600002 Acom Co., Ltd. Asia Japan 22/06/2017 Annual Against 2.1 Concerns about overall performance
1158858 JP3109900005 Asax Co., Ltd. Asia Japan 29/06/2017 Annual Against 2.1 Concerns about overall board structure
1154309 JP3111200006 Asahi Kasei Corp. Asia Japan 28/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1156328 JP3112600006 ASAHI INDUSTRIES
CO. LTD.
Asia Japan 23/06/2017 Annual Against 5
4
2
Concerns about overall board structure
Concerns about overall board structureLack of
independent representation at board committees
Poison pill/anti-takeover measure not in investors
interests
1156305 JP3114400009 Asahi Diamond
Industrial Co. Ltd.
Asia Japan 27/06/2017 Annual Against 3 Concerns about overall board structure
1153346 JP3114800000 Adeka Corp. Asia Japan 23/06/2017 Annual All For
1156747 JP3115800009 Asahi Net Inc Asia Japan 27/06/2017 Annual Against 2.3 Concerns about overall board structure
1152956 JP3116700000 Asahi Holdings, Inc. Asia Japan 20/06/2017 Annual All For
1153792 JP3116800008 Asahi Broadcasting Asia Japan 22/06/2017 Annual Against 4.10,4.11,4.12,4.14,4.15
2,3
Concerns about overall board structure
Concerns to protect shareholder value
1154326 JP3117700009 Mebuki Financial
Group Inc.
Asia Japan 28/06/2017 Annual All For
1158194 JP3119400004 Ahjikan Co. Ltd. Asia Japan 29/06/2017 Annual Against 7
4.2,4.3
Apparent failure to link pay and appropriate
performance
Concerns about overall board structureLack of
independent representation at board committees
1154777 JP3119600009 Ajinomoto Co. Inc. Asia Japan 27/06/2017 Annual All For
1157343 JP3120200005 Atsugi Co. Ltd. Asia Japan 29/06/2017 Annual All For
1154768 JP3122400009 Advantest Corp. Asia Japan 27/06/2017 Annual All For
1157179 JP3122800000 Amada Holdings
Co., Ltd.
Asia Japan 28/06/2017 Annual All For
1155687 JP3125000004 Arakawa Chemical
Industries
Asia Japan 20/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1155729 JP3125800007 Ariake Japan Co.
Ltd.
Asia Japan 23/06/2017 Annual Against 3.1,3.2,3.3
2.1
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1157248 JP3126000003 Arisawa Mfg Co Ltd Asia Japan 28/06/2017 Annual Against 5 Poison pill/anti-takeover measure not in investors
interests
1155203 JP3126110000 Argo Graphics Inc. Asia Japan 15/06/2017 Annual All For
1155202 JP3126200009 Alpine Electronics
Inc.
Asia Japan 22/06/2017 Annual Against 3.1 Concerns about overall board structure
1154341 JP3126300007 Albis Co. Ltd. Asia Japan 22/06/2017 Annual Against 3 Concerns about overall board structure
1156408 JP3126340003 Alfresa Holdings
Corp.
Asia Japan 27/06/2017 Annual Against 1 Policy Rationale:Concerns to protect shareholder
value
1155702 JP3126360001 Alpha Corp. (3434) Asia Japan 23/06/2017 Annual Against 2.1 Concerns about overall performance
1155813 JP3126400005 Alps Electric Co. Ltd. Asia Japan 23/06/2017 Annual Against 2.2 Concerns about overall board structure
1155734 JP3126800006 Awa Bank Ltd. Asia Japan 29/06/2017 Annual Against 4
2.1,2.2
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1156312 JP3128800004 Anritsu Corp. Asia Japan 28/06/2017 Annual All For
1158366 JP3131090007 Iida Group Holdings
Co., Ltd.
Asia Japan 27/06/2017 Annual All For
1154705 JP3131200002 Iino Kaiun Kaisha
Ltd.
Asia Japan 28/06/2017 Annual All For
1158778 JP3131300000 As One Corp. Asia Japan 29/06/2017 Annual Against 2
4
Concerns about overall board structure
Insufficient disclosure
1155694 JP3131350005 Yellow Hat Ltd. Asia Japan 22/06/2017 Annual Against 1.6,2.2 Concerns about overall board structure
1156885 JP3131400008 AEON Financial
Service Co., Ltd.
Asia Japan 27/06/2017 Annual Against 3.1 Concerns about overall board structure
1144202 JP3131430005 AEON Mall Co., Ltd. Asia Japan 17/05/2017 Annual Against 1.1 Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1155835 JP3132600002 Senshu Ikeda
Holdings Inc
Asia Japan 28/06/2017 Annual Against 3.9,3.12,4.4 Concerns about overall board structure
1154174 JP3134800006 IHI Corporation Asia Japan 23/06/2017 Annual All For
1155712 JP3137200006 Isuzu Motors Ltd. Asia Japan 29/06/2017 Annual Against 3.1,3.2,3.3 Concerns about overall board structure
1155712 JP3137200006 Isuzu Motors Ltd. Asia Japan 29/06/2017 Annual All For
1146666 JP3138400001 Izumi Co. Ltd. Asia Japan 24/05/2017 Annual Against 4
2.8
Apparent failure to link pay and appropriate
performanceInsufficient/poor disclosure
Concerns about overall board structure
1157647 JP3140400007 Isewan Terminal
Service Co. Ltd.
Asia Japan 29/06/2017 Annual Against 2.1,2.2
3
Concerns about overall performance
Insufficient basis to support a decision
1158001 JP3142350002 J Trust Co Ltd Asia Japan 28/06/2017 Annual Against 1.13 Concerns about overall board structure
1155172 JP3142500002 Idemitsu Kosan Co.,
Ltd.
Asia Japan 29/06/2017 Annual All For
1152938 JP3143600009 Itochu Corp. Asia Japan 23/06/2017 Annual All For
1155149 JP3143700007 ITOCHU-SHOKUHIN
Co., Ltd.
Asia Japan 21/06/2017 Annual Against 4
2.10
2.5
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Concerns about overall performance
1153713 JP3143900003 Itochu Techno-
Solutions Corp.
Asia Japan 21/06/2017 Annual Against 4 Concerns about overall board structure
1155179 JP3144000001 Itochu Enex Co. Ltd. Asia Japan 21/06/2017 Annual All For
1158105 JP3144500000 Itoham Yonekyu
Holdings Inc
Asia Japan 27/06/2017 Annual All For
1153335 JP3146000009 Inabata & Co., Ltd. Asia Japan 23/06/2017 Annual Against 1.7 Concerns about overall board structure
1152220 JP3148800000 Ibiden Co. Ltd. Asia Japan 16/06/2017 Annual Against 2.1,2.2 Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1156777 JP3149600003 Iyo Bank Ltd. Asia Japan 29/06/2017 Annual Against 2.3,2.4,2.6
1.1
Concerns about overall board structureLack of
independent representation at board committees
Concerns about overall performance
1159241 JP3149800009 Iriso Electronics Co. Asia Japan 27/06/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1157370 JP3151600008 Iwatani Corporation Asia Japan 28/06/2017 Annual Against 5
4
Insufficient/poor disclosure
Poison pill/anti-takeover measure not in investors
interests
1153365 JP3152400002 Bank of Iwate Ltd. Asia Japan 22/06/2017 Annual Against 2.12 Concerns about overall board structure
1149693 JP3152740001 ABC-Mart Inc. Asia Japan 30/05/2017 Annual Against 3.2 Concerns about overall board structure
1142138 JP3152750000 GMO internet Inc Asia Japan 10/05/2017 Annual Against 1.1 Lack of independence on boardPoison pill/anti-
takeover measure not in investors interests
1155248 JP3152820001 Internet Initiative
Japan Inc
Asia Japan 28/06/2017 Annual Against 3.7,3.8,3.9 Concerns about overall board structure
1158792 JP3154390003 WIN-Partners Co.,
Ltd.
Asia Japan 27/06/2017 Annual All For
1157611 JP3155350006 Uyemura (C.) & Co. Asia Japan 29/06/2017 Annual Against 2.8,2.9,3.2,3.3
4
Concerns about overall board structure
Insufficient/poor disclosure
1156782 JP3156400008 Ushio Inc. Asia Japan 29/06/2017 Annual Against 2.5,2.6,2.7,2.8
2.1,2.2
Concerns about overall board structure
Concerns about overall performance
1154808 JP3158800007 Ube Industries Ltd. Asia Japan 29/06/2017 Annual Against 3.5,3.8 Concerns about overall board structure
1155776 JP3160300004 Fuji Oil Company
Ltd
Asia Japan 28/06/2017 Annual Against 2.6,2.7,2.8,2.9,2.10 Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1150094 JP3160400002 Eisai Co. Ltd. Asia Japan 21/06/2017 Annual Against 1.1 Poison pill/anti-takeover measure not in investors
interests
1156250 JP3160670000 Air Water Inc. Asia Japan 28/06/2017 Annual Against 2.1 Concerns about overall board structure
1157317 JP3160840009 Eidai Co., Ltd. Asia Japan 28/06/2017 Annual Against 3.3
2.1
4
Concerns about overall board structure
Concerns about overall performance
Poison pill/anti-takeover measure not in investors
interests
1156196 JP3161160001 Exedy Corp. Asia Japan 27/06/2017 Annual Against 2.8,2.10,3 Concerns about overall board structure
1155737 JP3161200005 Ezaki Glico Co. Ltd. Asia Japan 29/06/2017 Annual All For
1157256 JP3161450006 SRA HOLDINGS INC Asia Japan 23/06/2017 Annual All For
1156258 JP3162600005 SMC Corp. Asia Japan 28/06/2017 Annual All For
1155741 JP3164470001 Edion Corp. Asia Japan 29/06/2017 Annual Against 3.13 Concerns about overall board structure
1152535 JP3164630000 Square Enix
Holdings Co., Ltd.
Asia Japan 23/06/2017 Annual All For
1157725 JP3164800009 NOK Corp. Asia Japan 28/06/2017 Annual All For
1152530 JP3165000005 Sompo Holdings,
Inc.
Asia Japan 26/06/2017 Annual All For
1154674 JP3165600002 NTN Corp. Asia Japan 23/06/2017 Annual Against 2.1
3
Concerns about overall performance
Poison pill/anti-takeover measure not in investors
interests
1153375 JP3165650007 NTT DoCoMo Inc. Asia Japan 20/06/2017 Annual Against 4.2 Concerns about overall board structure
1154372 JP3165690003 NTT Urban
Development Corp.
Asia Japan 22/06/2017 Annual All For
1152958 JP3165700000 NTT Data Corp. Asia Japan 20/06/2017 Annual Against 2.1 Concerns about overall board structure
1153740 JP3166000004 Ebara Corp. Asia Japan 23/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1158008 JP3166400006 Ehime Bank Ltd. Asia Japan 29/06/2017 Annual Against 5
2.1,2.16
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1154704 JP3166900005 F.C.C. Co., Ltd. Asia Japan 20/06/2017 Annual All For
1157195 JP3167000003 FP Corporation Asia Japan 28/06/2017 Annual Against 1.1
2
Concerns about overall board structure
Insufficient/poor disclosure
1156314 JP3167420003 MCJ Co Ltd Asia Japan 28/06/2017 Annual Against 2.5 Concerns about overall board structure
1156281 JP3167500002 Leopalace21 Corp. Asia Japan 29/06/2017 Annual Against 3.10 Concerns about overall board structure
1158925 JP3168200008 Elecom Co Ltd Asia Japan 28/06/2017 Annual Against 5
3.1,3.7,3.8,3.9,4.2,4.3
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1155783 JP3169800004 Enplas Corp. Asia Japan 23/06/2017 Annual All For
1154818 JP3172100004 Okuma Corp. Asia Japan 27/06/2017 Annual Against 4.10,5.1,5.2 Concerns about overall board structure
1156236 JP3172420006 Odelic Co. Ltd. Asia Japan 23/06/2017 Annual All For
1155282 JP3172500005 Autobacs Seven Co.
Ltd.
Asia Japan 27/06/2017 Annual Against 2.1 Concerns about overall performance
1157765 JP3173400007 Obic Co Ltd Asia Japan 29/06/2017 Annual Against 3.10,4.2,4.3
5
Concerns about overall board structure
Insufficient/poor disclosure
1156402 JP3173500004 OBIC Business
Consultants Co. Ltd.
Asia Japan 26/06/2017 Annual Against 4
2.1,2.5,2.6,2.8
3
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Insufficient/poor disclosure
1156872 JP3174200000 Oiles Corporation Asia Japan 29/06/2017 Annual All For
1155285 JP3174300008 Ohsho Food Service
Corp.
Asia Japan 28/06/2017 Annual Against 2.9,2.10,4 Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1153697 JP3174410005 Oji Holdings Corp. Asia Japan 29/06/2017 Annual Against 3 Poison pill/anti-takeover measure not in investors
interests
1155232 JP3175200009 Oita Bank Ltd. Asia Japan 27/06/2017 Annual Against 4.1,4.2 Concerns about overall performance
1154823 JP3176000002 Ogaki Kyoritsu Bank
Ltd.
Asia Japan 21/06/2017 Annual Against 3.1 Concerns about overall performance
1156957 JP3180000006 OUG Holdings Inc. Asia Japan 29/06/2017 Annual Against 4.1,4.6 Concerns about overall board structure
1154799 JP3180400008 Osaka Gas Co. Ltd. Asia Japan 29/06/2017 Annual All For
1152180 JP3183200009 Japan Exchange
Group Inc.
Asia Japan 16/06/2017 Annual All For
1157188 JP3184600009 Osaka Steel Co., Ltd. Asia Japan 28/06/2017 Annual Against 1.4
1.1
Concerns about overall board structure
Concerns about overall performance
1156765 JP3188300002 Ootoya Holdings Co
Ltd.
Asia Japan 28/06/2017 Annual Against 1.7 Concerns about overall board structure
1154761 JP3190000004 Obayashi Corp. Asia Japan 29/06/2017 Annual All For
1155141 JP3190800007 Okasan Securities
Group Inc
Asia Japan 29/06/2017 Annual Against 2.4 Concerns about overall board structure
1155770 JP3192400004 Okamura Corp. Asia Japan 29/06/2017 Annual Against 3.1,3.8,3.9,3.10 Concerns about overall board structure
1154671 JP3194000000 Oki Electric
Industry Co. Ltd.
Asia Japan 23/06/2017 Annual All For
1153685 JP3194650002 Okinawa Cellular
Telephone
Asia Japan 15/06/2017 Annual Against 2.2,2.5,2.6
2.1
Concerns about overall board structure
Concerns related to attendance at board or
committee meetings
1156690 JP3194700005 Okinawa Electric
Power Co. Inc.
Asia Japan 29/06/2017 Annual Against 2.12
2.1,2.2
Concerns about overall board structure
Concerns about overall performance
1156248 JP3194800003 Okumura Corp. Asia Japan 29/06/2017 Annual All For
1155123 JP3196000008 Odakyu Electric
Railway Co. Ltd.
Asia Japan 29/06/2017 Annual Against 2.10,2.11,2.12 Concerns about overall board structure
1155616 JP3197600004 Ono
Pharmaceutical Co.
Ltd.
Asia Japan 29/06/2017 Annual All For
1151210 JP3197800000 Omron Corp. Asia Japan 22/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1157232 JP3198900007 Oriental Land Co.,
Ltd.
Asia Japan 29/06/2017 Annual Against 2.7 Concerns about overall board structure
1157760 JP3200400004 Origin Electric Co.
Ltd.
Asia Japan 29/06/2017 Annual Against 4.1
6
Concerns about overall performance
Poison pill/anti-takeover measure not in investors
interests
1156294 JP3200450009 Orix Corp. Asia Japan 27/06/2017 Annual All For
1155658 JP3201200007 Olympus Corp. Asia Japan 28/06/2017 Annual All For
1146234 JP3203500008 Onward Holdings
Co Ltd
Asia Japan 25/05/2017 Annual Against 2.6,2.7
2.1,2.2
3
Concerns about overall board structure
Concerns about overall performance
Poison pill/anti-takeover measure not in investors
interests
1156329 JP3206000006 Kakaku.com Inc Asia Japan 21/06/2017 Annual Against 2.10 Concerns about overall board structure
1156796 JP3206200002 Kaga Electronics Asia Japan 29/06/2017 Annual Against 2.9,2.10 Concerns about overall board structure
1156410 JP3207000005 Kaken
Pharmaceutical Co.
Ltd.
Asia Japan 29/06/2017 Annual All For
1157612 JP3209000003 Casio Computer Co.
Ltd.
Asia Japan 29/06/2017 Annual Against 2.10 Concerns about overall board structure
1155837 JP3210200006 Kajima Corp. Asia Japan 29/06/2017 Annual All For
1153696 JP3214350005 Kadokawa Dwango
Corp.
Asia Japan 22/06/2017 Annual All For
1154142 JP3214400008 Kadoya Sesame
Mill Inc.
Asia Japan 23/06/2017 Annual Against 3 Concerns about overall board structure
1156394 JP3215000005 Kanaden Corp. Asia Japan 29/06/2017 Annual Against 2.3,2.4,4.1,4.2 Concerns about overall board structure
1154753 JP3215800008 Kaneka Corp. Asia Japan 29/06/2017 Annual Against 1.10 Concerns about overall board structure
1153758 JP3217100001 Kanematsu Corp. Asia Japan 23/06/2017 Annual All For
1156715 JP3218850000 kabu.com Securities Asia Japan 24/06/2017 Annual Against 1.1 Concerns about overall board structure
1149697 JP3218900003 Capcom Co. Ltd. Asia Japan 09/06/2017 Annual All For
1157788 JP3219000001 Kamigumi Co. Ltd. Asia Japan 29/06/2017 Annual All For
1152508 JP3220580009 CALBEE, Inc. Asia Japan 21/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1153741 JP3223800008 Kawasaki Kisen
Kaisha Ltd.
Asia Japan 23/06/2017 Annual Against 2.7
2.1,2.2
Concerns about overall board structure
Concerns about overall performance
1153722 JP3224200000 Kawasaki Heavy
Industries, Ltd.
Asia Japan 28/06/2017 Annual All For
1154388 JP3225500002 Gecoss Corp. Asia Japan 22/06/2017 Annual Against 4,5
2.1,2.7
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1153491 JP3225800006 Kawasumi
Laboratories Inc.
Asia Japan 22/06/2017 Annual Against 2.1
3
6
5
4
Concerns about overall performance
Poison pill/anti-takeover measure not in investors
interests
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes efficient capital structure
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes efficient capital structure
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
1154430 JP3228600007 Kansai Electric
Power Co. Inc.
Asia Japan 28/06/2017 Annual All For
1155885 JP3229400001 Kansai Paint Co. Ltd. Asia Japan 29/06/2017 Annual Against 7 Poison pill/anti-takeover measure not in investors
interests
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1158098 JP3230600003 Kandenko Co. Ltd. Asia Japan 27/06/2017 Annual Against 3
2.5
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1155745 JP3231000005 Tsukuba Bank Ltd Asia Japan 28/06/2017 Annual Against 1.1,1.2 Concerns about overall performance
1157590 JP3232600001 Kanto Denka Kogyo
Co. Ltd.
Asia Japan 29/06/2017 Annual Against 1.9 Concerns about overall board structure
1154719 JP3233250004 Japan Post
Insurance Co., Ltd.
Asia Japan 21/06/2017 Annual All For
1152977 JP3236200006 Keyence Corp. Asia Japan 09/06/2017 Annual Against 3.8
1
Concerns about overall board structure
Concerns to protect shareholder value 2-
Insufficient basis to support a decision
1156319 JP3236300004 Key Coffee Inc Asia Japan 21/06/2017 Annual Against 3.4
2.1
4
Concerns about overall board structure
Concerns about overall performance
Poison pill/anti-takeover measure not in investors
interests
1156346 JP3237000009 Kisoji Co. Asia Japan 28/06/2017 Annual Against 2.7
2.1
Concerns about overall board structure
Concerns about overall performance
1154370 JP3238200004 Kita-Nippon Bank
Ltd.
Asia Japan 23/06/2017 Annual Against 2.6,2.7
2.1,2.2
Concerns about overall board structure
Concerns about overall performance
1154745 JP3240400006 Kikkoman Corp. Asia Japan 27/06/2017 Annual Against 2.9 Concerns about overall board structure
1156400 JP3240600001 Kissei
Pharmaceutical Co.
Ltd.
Asia Japan 28/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1155244 JP3240800007 KITO Corporation Asia Japan 21/06/2017 Annual All For
1155328 JP3246400000 Kyushu Electric
Power Co. Inc.
Asia Japan 28/06/2017 Annual All For
1153354 JP3246500007 Kyushu Financial
Group, Inc.
Asia Japan 21/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1155787 JP3247010006 Kyushu Railway
Company
Asia Japan 23/06/2017 Annual All For
1155820 JP3247050002 Kyudenko Corp. Asia Japan 28/06/2017 Annual Against 1.12,2.1,2.2 Concerns about overall board structure
1156696 JP3247090008 KYORIN Holdings Inc Asia Japan 23/06/2017 Annual Against 1.11 Concerns about overall board structure
1157594 JP3247400009 Kyoei Steel Ltd Asia Japan 26/06/2017 Annual Against 1.10,1.11,2
1.1,1.2
Concerns about overall board structure
Concerns about overall performance
1156252 JP3248000006 The Kiyo Bank, Ltd. Asia Japan 29/06/2017 Annual Against 8
4.5
Apparent failure to link pay and appropriate
performanceInsufficient/poor disclosure
Concerns about overall board structure
1156222 JP3249600002 Kyocera Corp. Asia Japan 27/06/2017 Annual All For
1157205 JP3250600008 Kyoto Kimono
Yuzen Ltd.
Asia Japan 29/06/2017 Annual Against 2.7 Concerns about overall board structure
1154819 JP3251200006 Bank of Kyoto Ltd. Asia Japan 29/06/2017 Annual Against 3.9
3.1,3.2
Concerns about overall board structure
Concerns about overall performance
1158013 JP3253700003 KYORITSU
PRINTING CO LTD
Asia Japan 29/06/2017 Annual Against 2 Concerns about overall board structure
1158851 JP3253900009 Kyoritsu
Maintenance Co.,
Ltd.
Asia Japan 28/06/2017 Annual Against 3.2,3.3
5
Concerns about overall board structureLack of
independent representation at board committees
Insufficient/poor disclosure
1153817 JP3254200003 Kyowa Exeo Corp. Asia Japan 23/06/2017 Annual All For
1156425 JP3257200000 Kyokuyo Co. Ltd. Asia Japan 27/06/2017 Annual Against 4
5
6
Concerns about overall board structure
Insufficient disclosure
Poison pill/anti-takeover measure not in investors
interests
1146675 JP3257900005 Kirindo Holdings
Co., Ltd.
Asia Japan 26/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1159508 JP3258800006 Kinki Sharyo Co. Ltd. Asia Japan 29/06/2017 Annual Against 1.12
1.1
1.13
Concerns about overall board structure
Concerns about overall performance
Concerns about overall performanceConcerns about
overall board structure
1153717 JP3260800002 Kintetsu Group
Holdings Co., Ltd.
Asia Japan 22/06/2017 Annual Against 3.1,3.11,3.12,3.14 Concerns about overall board structure
1155856 JP3262900008 Kintetsu World
Express, Inc.
Asia Japan 27/06/2017 Annual Against 3.7,4.2,4.3,5 Concerns about overall board structure
1156411 JP3263000006 Kinden Corp. Asia Japan 27/06/2017 Annual All For
1157615 JP3266160005 QOL Co., Ltd Asia Japan 28/06/2017 Annual Against 1.8,1.9 Concerns about overall board structure
1155220 JP3266800006 Kumagai Gumi Co.,
Ltd.
Asia Japan 29/06/2017 Annual All For
1154146 JP3268950007 Medipal Holdings
Corp
Asia Japan 27/06/2017 Annual Against 1.10,2 Concerns about overall board structure
1158041 JP3270000007 Kurita Water
Industries Ltd.
Asia Japan 29/06/2017 Annual All For
1157196 JP3270800000 Kurimoto Ltd. Asia Japan 29/06/2017 Annual Against 2.7,3.1 Concerns about overall board structure
1152947 JP3271400008 Credit Saison Co.
Ltd.
Asia Japan 20/06/2017 Annual Against 3.1,3.17 Concerns about overall board structure
1154362 JP3271600003 Kureha Corp Asia Japan 27/06/2017 Annual Against 2
1.5
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1154702 JP3273000004 Kuroda Electric Co.
Ltd.
Asia Japan 29/06/2017 Annual All For
1158946 JP3274150006 Ship Healthcare
Holdings Inc
Asia Japan 29/06/2017 Annual Against 3.11,4.2,4.3 Concerns about overall board structure
1156376 JP3274180003 Gurunavi, Inc. Asia Japan 21/06/2017 Annual Against 3.10,3.11 Concerns about overall board structure
1156380 JP3274200009 Gourmet Kineya Co. Asia Japan 21/06/2017 Annual Against 3
2.1
Concerns about overall board structure
Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1145263 JP3274280001 Welcia Holdings
Co., Ltd.
Asia Japan 23/05/2017 Annual All For
1153639 JP3274400005 Glory Ltd. Asia Japan 23/06/2017 Annual All For
1154718 JP3276400003 Gunma Bank Ltd. Asia Japan 27/06/2017 Annual Against 2.9 Concerns about overall board structure
1156691 JP3277150003 K's Holdings Corp. Asia Japan 27/06/2017 Annual All For
1155671 JP3277230003 Keihin Corp. (7251) Asia Japan 23/06/2017 Annual Against 2.9,3.1 Concerns about overall board structure
1156746 JP3277300004 Ku Holdings Co Ltd Asia Japan 27/06/2017 Annual Against 5
2.4
4
Apparent failure to link pay and appropriate
performance
Concerns about overall board structureConcerns
related to attendance at board or committee
meetings
Insufficient basis to support a decision
1154825 JP3277800003 Keio Corp Asia Japan 29/06/2017 Annual Against 3.1,3.10,3.11 Concerns about overall board structure
1155274 JP3278600006 Keisei Electric
Railway
Asia Japan 29/06/2017 Annual Against 2.1,3
2.12
Concerns about overall board structure
Concerns related to attendance at board or
committee meetings
1155120 JP3279000008 Keihanshin Building
Co. Ltd.
Asia Japan 20/06/2017 Annual Against 3 Concerns about overall board structure
1154822 JP3279400000 Keihan Holdings
Co.,Ltd.
Asia Japan 20/06/2017 Annual Against 4.4 Concerns about overall board structure
1155287 JP3280200001 Keikyu Corp Asia Japan 29/06/2017 Annual Against 3.1,3.7,3.9 Concerns about overall board structure
1156295 JP3281600001 Keiyo Bank Ltd. Asia Japan 28/06/2017 Annual All For
1157757 JP3282270002 Gamecard-Joyco
Holdings Inc
Asia Japan 22/06/2017 Annual Against 3.3,3.4,3.5,3.6,4 Concerns about overall board structure
1155720 JP3283460008 Koei Tecmo
Holdings Co., Ltd.
Asia Japan 21/06/2017 Annual Against 4.3 Concerns about overall board structure
1157216 JP3283650004 Kose Corp. Asia Japan 29/06/2017 Annual Against 4,5 Insufficient/poor disclosure
1148594 JP3283750002 Kohnan Shoji Co.,
Ltd.
Asia Japan 25/05/2017 Annual Against 6 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1154339 JP3284600008 Koito
Manufacturing Co.
Ltd.
Asia Japan 29/06/2017 Annual Against 5
2.13,2.14
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1155691 JP3286500008 IBJ Leasing
Company Limited
Asia Japan 23/06/2017 Annual Against 3.1 Concerns about overall board structure
1154698 JP3288900008 Kohsoku Corp. Asia Japan 22/06/2017 Annual All For
1158141 JP3288970001 Konoike Transport
Co., Ltd.
Asia Japan 28/06/2017 Annual All For
1152988 JP3289800009 Kobe Steel Ltd. Asia Japan 21/06/2017 Annual Against 1.1 Concerns about overall performance
1154668 JP3292200007 JTEKT Corp. Asia Japan 28/06/2017 Annual Against 2.10 Concerns about overall board structure
1154687 JP3292400003 Kourakuen
Holdings Corp.
Asia Japan 21/06/2017 Annual Against 1.1 Concerns about overall board structureConcerns
about overall performance
1154253 JP3294460005 Inpex Corporation Asia Japan 27/06/2017 Annual Against 2.11,2.12,2.14 Concerns about overall board structure 2.1
1155800 JP3294600006 Hitachi Kokusai
Electric Co. Ltd.
Asia Japan 28/06/2017 Annual All For
1155728 JP3297330007 cocokara fine Inc Asia Japan 27/06/2017 Annual All For
1156379 JP3300200007 Konami Holdings
Corp.
Asia Japan 28/06/2017 Annual All For
1151870 JP3300600008 Konica Minolta Inc. Asia Japan 20/06/2017 Annual All For
1153802 JP3300800004 Konishi Co Ltd Asia Japan 16/06/2017 Annual All For
1156813 JP3303200004 Komatsu Wall
Industry Co., Ltd.
Asia Japan 23/06/2017 Annual All For
1153395 JP3304200003 Komatsu Ltd. Asia Japan 20/06/2017 Annual Against 4
2.6,2.8
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1156708 JP3305530002 COMSYS Holdings
Corp.
Asia Japan 29/06/2017 Annual Against 3.1,4.5 Concerns about overall board structure
1153665 JP3305600003 Komeri Co. Ltd. Asia Japan 23/06/2017 Annual Against 2.3 Concerns about overall board structure
1153397 JP3305800009 Komori Corp. Asia Japan 20/06/2017 Annual Against 2.1,2.2 Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1156852 JP3305950002 Corona Corp. Asia Japan 28/06/2017 Annual Against 2.1,2.2
3
Concerns about overall performance
Insufficient/poor disclosure
1155632 JP3305970000 Colowide Co., Ltd. Asia Japan 28/06/2017 Annual Against 2.2 Concerns about overall board structureLack of
independent representation at board committees
1152500 JP3305990008 Concordia Financial
Group Ltd.
Asia Japan 20/06/2017 Annual All For
1155133 JP3306800008 Goldcrest Co. Ltd. Asia Japan 22/06/2017 Annual Against 2.2 Concerns about overall board structure
1157589 JP3307800007 Godo Steel Ltd. Asia Japan 28/06/2017 Annual Against 1.5,1.6
1.1
Concerns about overall board structure
Concerns about overall performance
1157311 JP3309000002 Penta-Ocean
Construction Co.
Ltd.
Asia Japan 27/06/2017 Annual Against 2.10,2.11 Concerns about overall board structure
1157687 JP3311530004 CYBERDYNE Inc. Asia Japan 23/06/2017 Annual Against 2.1,2.2
3
Concerns about overall board structure
Concerns to protect shareholder value
1155726 JP3312800000 Sakai Chemical
Industry Co. Ltd.
Asia Japan 28/06/2017 Annual Against 3
2.1
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1154813 JP3313200002 Sakai Heavy
Industries Ltd.
Asia Japan 29/06/2017 Annual Against 3,4
6.3
Apparent failure to link pay and appropriate
performance
Concerns about overall board structureLack of
independent representation at board committees
1153370 JP3314200001 Sakai Moving
Service Co., Ltd.
Asia Japan 17/06/2017 Annual All For
1156389 JP3315200000 Bank of Saga Ltd. Asia Japan 29/06/2017 Annual Against 4.1 Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1158003 JP3316200009 Sagami Chain Co.
Ltd.
Asia Japan 29/06/2017 Annual Against 2.7
2.1,2.2
Concerns about overall board structure
Concerns about overall performance
1155840 JP3316400005 Sotetsu Holdings Inc Asia Japan 29/06/2017 Annual Against 3.7
3.1
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1155754 JP3322000005 Sato Shoji Corp. Asia Japan 23/06/2017 Annual All For
1157360 JP3322350004 SATO RESTAURANT
SYSTEMS CO LTD
Asia Japan 29/06/2017 Annual Against 3.1,3.2
8
Concerns about overall performance
Poison pill/anti-takeover measure not in investors
interests
1156399 JP3323050009 Sawai
Pharmaceutical
Co., Ltd.
Asia Japan 27/06/2017 Annual All For
1157695 JP3323600001 San-Ai Oil Co. Ltd. Asia Japan 29/06/2017 Annual Against 4
2.9
7
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1154369 JP3324000003 San-in Godo Bank
Ltd.
Asia Japan 22/06/2017 Annual Against 2.6,2.7,3.2
2.1,2.2
Concerns about overall board structure
Concerns about overall performance
1155819 JP3325600009 Sanki Engineering
Co. Ltd.
Asia Japan 27/06/2017 Annual Against 2.8,2.9 Concerns about overall board structure
1157325 JP3326000001 Sankyu Inc. Asia Japan 28/06/2017 Annual Against 3.7,4.1 Concerns about overall board structure
1156762 JP3326410002 Sankyo Co. Ltd.
(6417)
Asia Japan 29/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1158390 JP3328200005 Sankyo Frontier Co.
Ltd.
Asia Japan 23/06/2017 Annual Against 5,6
3.1
4.1
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Concerns related to attendance at board or
committee meetingsConcerns about overall board
structure
1155239 JP3329600005 Sanken Electric Co.
Ltd.
Asia Japan 23/06/2017 Annual Against 2.8 Concerns about overall board structure
1155749 JP3330000005 Sangetsu Corp. Asia Japan 23/06/2017 Annual Against 3.2,3.3 Concerns about overall board structureLack of
independent representation at board committees
1155765 JP3330600002 Suncall Corporation Asia Japan 23/06/2017 Annual Against 2.5,2.6,2.7,3,4
5
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1154678 JP3331600001 Shinko Plantech Co
Ltd
Asia Japan 23/06/2017 Annual All For
1154404 JP3336000009 Santen
Pharmaceutical Co.
Ltd.
Asia Japan 23/06/2017 Annual All For
1153774 JP3336400001 Sanden Holdings
Corp.
Asia Japan 22/06/2017 Annual Against 3.8,3.9
3.1,3.2
5
Concerns about overall board structure
Concerns about overall performance
Poison pill/anti-takeover measure not in investors
interests
1156311 JP3336450006 Sun Corporation Asia Japan 22/06/2017 Annual All For
1156381 JP3336600006 Sundrug Co. Ltd. Asia Japan 24/06/2017 Annual All For
1155118 JP3336950005 Sun Frontier
Fudousan Co., Ltd.
Asia Japan 23/06/2017 Annual All For
1154401 JP3337600005 Sanyo Chemical
Industries Ltd.
Asia Japan 23/06/2017 Annual Against 1.1,1.9,2 Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1153352 JP3340800006 Sanyo Denki Co. Ltd. Asia Japan 14/06/2017 Annual Against 4.6,4.7,4.8 Concerns about overall board structure
1156952 JP3341600009 Sanyo Electric
Railway Co. Ltd.
Asia Japan 27/06/2017 Annual Against 3.9,3.10 Concerns about overall board structure
1154815 JP3342000001 Sanyo Special Steel
Co. Ltd.
Asia Japan 28/06/2017 Annual Against 5
2.10,3
2.1
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1155748 JP3343200006 Sanrio Co. Ltd. Asia Japan 22/06/2017 Annual Against 2 Concerns about overall board structure
1156841 JP3344400001 Sanwa Holdings
Corp.
Asia Japan 28/06/2017 Annual All For
1157719 JP3346180007 Chilled & Frozen
Logistics Holdings
Co., Ltd
Asia Japan 28/06/2017 Annual Against 2.7,2.8 Concerns about overall board structure
1127183 JP3346200003 Computer
Engineering &
Consulting Ltd.
(CEC)
Asia Japan 19/04/2017 Annual Against 2.1 Concerns about overall board structure
1155247 JP3346800000 CKD Corp. Asia Japan 23/06/2017 Annual All For
1153664 JP3347200002 Shionogi & Co., Ltd. Asia Japan 22/06/2017 Annual Against 3 Concerns about overall board structure
1155169 JP3347600003 Shiga Bank Ltd. Asia Japan 27/06/2017 Annual Against 2.1,2.2 Concerns about overall performance
1155323 JP3350800003 Shikoku Electric
Power Co. Inc.
Asia Japan 28/06/2017 Annual Against 3.4
4.2,4.5,4.6
3.1
Concerns about overall board structure 2- Concerns
about overall performance
Concerns about overall board structure 2- Lack of
independent representation at board committees
Concerns about overall performance
1155799 JP3351100007 Sysmex Corp Asia Japan 23/06/2017 Annual All For
1153796 JP3351200005 Shizuoka Bank Ltd. Asia Japan 16/06/2017 Annual Against 2.10 Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1155842 JP3352000008 77 Bank Ltd. Asia Japan 29/06/2017 Annual Against 5.3,5.4,5.5,6
4.2
4.1
Concerns about overall board structure
Concerns about overall performance
Concerns about overall performanceConcerns about
overall board structure
1154686 JP3352400000 Citizen Watch Co.,
Ltd.
Asia Japan 28/06/2017 Annual All For
1156349 JP3354000006 Sinanen Holdings
Co. Ltd.
Asia Japan 27/06/2017 Annual All For
1156950 JP3355600002 Shibusawa
Warehouse Co. Ltd.
Asia Japan 29/06/2017 Annual Against 4.9
4.1,4.2
Concerns about overall board structure
Concerns about overall performance
1155217 JP3357200009 Shimadzu Corp. Asia Japan 29/06/2017 Annual All For
1143443 JP3358200008 Shimamura Co. Ltd. Asia Japan 12/05/2017 Annual All For
1154147 JP3358800005 Shimizu Corp. Asia Japan 29/06/2017 Annual Against 4
2.11,3.2
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1154839 JP3359600008 Sharp Corp. Asia Japan 20/06/2017 Annual Against 3.1
4.1,4.2
Concerns about overall board structure
Concerns about overall board structureLack of
independent representation at board committees
1157711 JP3359800004 Charle Co., Ltd. Asia Japan 29/06/2017 Annual Against 2.1 Concerns about overall performance
1157273 JP3360300002 Showa Corp. Asia Japan 23/06/2017 Annual Against 1.1 Concerns about overall performance
1153744 JP3362700001 Mitsui O.S.K. Lines
Ltd.
Asia Japan 27/06/2017 Annual Against 3.8,3.9
3.1,3.2
Concerns about overall board structure
Concerns about overall performance
1155143 JP3368000000 Showa Denko K.K. Asia Japan 27/06/2017 Special All For
1156253 JP3371200001 Shin-Etsu Chemical
Co. Ltd.
Asia Japan 29/06/2017 Annual Against 3.6,3.7,4 Concerns about overall board structure
1157166 JP3372800007 Sinko Industries Ltd. Asia Japan 28/06/2017 Annual Against 4 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1156719 JP3374200008 Shinko Shoji Co. Ltd. Asia Japan 23/06/2017 Annual Against 1.9
1.2
1.1
Concerns about overall board structure
Concerns about overall performance
Concerns about overall performance
1156214 JP3375800004 Shinko Electric
Industries Co. Ltd.
Asia Japan 27/06/2017 Annual Against 2.1 Concerns about overall performance
1154785 JP3377800002 Shindengen Electric
Mfg. Co. Ltd.
Asia Japan 29/06/2017 Annual Against 4.5,5 Concerns about overall board structure
1155142 JP3379900008 NS Solutions Corp. Asia Japan 23/06/2017 Annual All For
1154368 JP3381000003 Nippon Steel &
Sumitomo Metal
Corp.
Asia Japan 27/06/2017 Annual Against 3
2.1,2.2
Concerns about overall board structure
Concerns about overall performance
1156775 JP3384600007 ShinMaywa
Industries Ltd.
Asia Japan 27/06/2017 Annual Against 4
2.7,3
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1155785 JP3385820000 GS YUASA CORP. Asia Japan 29/06/2017 Annual Against 5
2.6,3.1,3.2
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1156763 JP3385850007 GL Sciences Inc. Asia Japan 22/06/2017 Annual Against 4
3.1
5
Concerns about overall board structure
Concerns about overall board structureLack of
independent representation at board committees
Insufficient/poor disclosure
1151828 JP3385980002 JSR Corp. Asia Japan 16/06/2017 Annual All For
1158518 JP3386000008 JSP Corp. Asia Japan 29/06/2017 Annual Against 1.1 Concerns about overall board structure
1152184 JP3386030005 JFE Holdings, Inc. Asia Japan 23/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1154780 JP3386050003 JMS Co. Ltd. Asia Japan 22/06/2017 Annual Against 3.8
3.1
6
Concerns about overall board structure
Concerns about overall performance
Poison pill/anti-takeover measure not in investors
interests
1144234 JP3386380004 J. Front Retailing
Co. Ltd.
Asia Japan 25/05/2017 Annual All For
1152986 JP3386450005 JXTG Holdings Inc. Asia Japan 28/06/2017 Annual All For
1157735 JP3387970001 Jimoto Holdings,
Inc.
Asia Japan 27/06/2017 Annual All For
1142151 JP3388200002 Aeon Co., Ltd. Asia Japan 24/05/2017 Annual Against 1.2 Concerns about overall performance
1157755 JP3388600003 Jaccs Co. Ltd. Asia Japan 29/06/2017 Annual All For
1153791 JP3389660006 Japan Display Inc. Asia Japan 21/06/2017 Annual Against 2.2 Concerns about overall performance
1146660 JP3389700000 Aeon Delight Co.
Ltd.
Asia Japan 23/05/2017 Annual Against 2.2 Concerns about overall board structure
1150579 JP3389900006 JAFCO Co. Ltd. Asia Japan 20/06/2017 Annual All For
1155163 JP3392200006 Eighteenth Bank
Ltd.
Asia Japan 23/06/2017 Annual Against 2.8
2.1,2.2
Concerns about overall board structure
Concerns about overall performance
1155230 JP3392600007 Juroku Bank Ltd. Asia Japan 23/06/2017 Annual Against 3.8,3.9 Concerns about overall board structure
1154171 JP3394400000 Unizo Holdings Co.,
Ltd.
Asia Japan 23/06/2017 Annual Against 3.2 Concerns about overall board structure
1156754 JP3396350005 SKY Perfect JSAT
Holdings Inc
Asia Japan 23/06/2017 Annual Against 1.7,1.10,1.11,1.12,2.1,2.2 Concerns about overall board structure
1146205 JP3397060009 Sugi Holdings Co.
Ltd.
Asia Japan 23/05/2017 Annual Against 1.7 Concerns about overall board structure
1153734 JP3397200001 Suzuki Motor Corp. Asia Japan 29/06/2017 Annual All For
1156883 JP3398000004 Suzuken Co Ltd Asia Japan 28/06/2017 Annual Against 2.7 Concerns about overall board structure
1148592 JP3399000003 Star Micronics Co.
Ltd.
Asia Japan 25/05/2017 Annual All For
1158520 JP3399100001 Starzen Co. Ltd. Asia Japan 29/06/2017 Annual Against 2.8,2.9,2.10 Concerns about overall board structure
1158026 JP3399200009 Starts Corporation Asia Japan 22/06/2017 Annual Against 1.1 Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1148990 JP3399300007 S Foods Inc. Asia Japan 23/05/2017 Annual Against 2.11,3.1,3.2,3.3
5
Concerns about overall board structure
Insufficient/poor disclosure
1157780 JP3399310006 Start Today Co Ltd Asia Japan 27/06/2017 Annual Against 3.1,3.9 Concerns about overall board structure
1154714 JP3399400005 Stanley Electric Co.
Ltd.
Asia Japan 22/06/2017 Annual All For
1154824 JP3400400002 SCSK Corp. Asia Japan 23/06/2017 Annual All For
1155161 JP3400900001 Sumitomo Osaka
Cement Co. Ltd.
Asia Japan 29/06/2017 Annual All For
1152504 JP3401400001 Sumitomo
Chemical Co. Ltd.
Asia Japan 21/06/2017 Annual All For
1154156 JP3402600005 Sumitomo Metal
Mining Co. Ltd.
Asia Japan 27/06/2017 Annual Against 4.2 Concerns about overall board structure
1153361 JP3404600003 Sumitomo Corp. Asia Japan 23/06/2017 Annual Against 3.9 Concerns about overall board structure
1154153 JP3405400007 Sumitomo Heavy
Industries, Ltd.
Asia Japan 29/06/2017 Annual Against 3.9 Concerns about overall board structure
1155805 JP3407000003 Sumitomo
Warehouse Co. Ltd.
Asia Japan 28/06/2017 Annual Against 3.2
2.1,2.2
Concerns about overall board structure
Concerns about overall performance
1155155 JP3407400005 Sumitomo Electric
Industries Ltd.
Asia Japan 28/06/2017 Annual Against 3.2 Concerns about overall board structure
1156943 JP3407800006 Sumitomo
Densetsu Co. Ltd.
Asia Japan 27/06/2017 Annual Against 2,7
4.1,4.8,4.9
6
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Insufficient/poor disclosure
1157721 JP3409000001 Sumitomo Realty &
Development Co.
Ltd.
Asia Japan 29/06/2017 Annual Against 2.11,2.12 Concerns about overall board structure
1158225 JP3409200007 Sumitomo Real
Estate Sales Co.
Asia Japan 28/06/2017 Annual Against 1.1,2 Concerns about overall board structure
1154351 JP3409400003 Sumitomo Bakelite
Co. Ltd.
Asia Japan 23/06/2017 Annual Against 2.10 Concerns about overall board structure
1155152 JP3409800004 Sumitomo Forestry
Co. Ltd.
Asia Japan 23/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1154364 JP3411000007 Suruga Bank Ltd. Asia Japan 21/06/2017 Annual Against 1.9,1.10
2
Concerns about overall board structure
Insufficient/poor disclosure
1158014 JP3412000006 Zuken Inc. Asia Japan 29/06/2017 Annual All For
1153314 JP3413800008 Seiren Co. Ltd. Asia Japan 20/06/2017 Annual Against 2.7 Concerns about overall board structure
1152178 JP3414000004 Seikagaku Corp. Asia Japan 20/06/2017 Annual Against 2.1
4
Concerns about overall performance
Poison pill/anti-takeover measure not in investors
interests
1156391 JP3414200000 Seika Corp. Asia Japan 27/06/2017 Annual All For
1153710 JP3414750004 Seiko Epson Corp. Asia Japan 28/06/2017 Annual Against 4 Poison pill/anti-takeover measure not in investors
interests
1155320 JP3415400005 Seino Holdings Co
Ltd
Asia Japan 28/06/2017 Annual Against 2.1
4
5
Concerns about overall performance
Insufficient/poor disclosure
Poison pill/anti-takeover measure not in investors
interests
1156413 JP3417000001 Seibu Electric
Industrial
Asia Japan 23/06/2017 Annual Against 2.11,2.12,3.1,3.2
2.1
Concerns about overall board structure
Concerns about overall performance
1152523 JP3417200007 Seibu Holdings Inc. Asia Japan 21/06/2017 Annual All For
1155795 JP3419050004 Sega Sammy
Holdings Inc.
Asia Japan 23/06/2017 Annual Against 1.6,1.8,2.4,3 Concerns about overall board structure
1154751 JP3419400001 Sekisui Chemical
Co. Ltd.
Asia Japan 28/06/2017 Annual All For
1156191 JP3420200002 Sekisui Jushi Corp. Asia Japan 29/06/2017 Annual Against 2.3 Concerns about overall board structure
1133643 JP3420600003 Sekisui House Ltd. Asia Japan 27/04/2017 Annual Against 3 Performance-related pay/awards for non-executives
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1154773 JP3421100003 Japan Petroleum
Exploration Ltd.
Asia Japan 28/06/2017 Annual Against 4
2.12
2.1,2.2
2.14
5
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Concerns about overall performance
Concerns related to attendance at board or
committee meetings
Poison pill/anti-takeover measure not in investors
interests
1156296 JP3421800008 Secom Co. Ltd. Asia Japan 27/06/2017 Annual All For
1144232 JP3422950000 Seven & i Holdings
Co Ltd
Asia Japan 25/05/2017 Annual All For 2.10
1155131 JP3423520000 SERIA CO. LTD. Asia Japan 23/06/2017 Annual All For
1156701 JP3423800006 Senko Group
Holdings Co. Ltd.
Asia Japan 28/06/2017 Annual Against 3.2,3.3 Concerns about overall board structure
1154181 JP3424950008 Tokyo Century Corp Asia Japan 23/06/2017 Annual Against 2.3 Concerns about overall board structure
1155821 JP3425000001 Central Glass Co.
Ltd.
Asia Japan 29/06/2017 Annual All For
1156336 JP3425600008 Central Sports Asia Japan 29/06/2017 Annual Against 1.1 Concerns about overall board structure
1158477 JP3428850006 Zeria
Pharmaceutical
Asia Japan 29/06/2017 Annual Against 2.5 Concerns about overall board structure
1152992 JP3429250008 ZENKOKU HOSHO
Co., Ltd.
Asia Japan 16/06/2017 Annual All For
1154344 JP3429300001 Zensho Holdings
Co., Ltd.
Asia Japan 29/06/2017 Annual All For
1153736 JP3429800000 ANA Holdings
Co.,Ltd.
Asia Japan 23/06/2017 Annual Against 4.8,4.9 Concerns about overall board structure
1152532 JP3430400006 Zenrin Co. Ltd. Asia Japan 16/06/2017 Annual All For
1155198 JP3431300007 Sosei Group Corp. Asia Japan 22/06/2017 Annual Against 1.3,1.4 Concerns about overall board structureLack of
independent representation at board committees
1156699 JP3431900004 Sohgo Security
Services Co., Ltd.
Asia Japan 27/06/2017 Annual Against 3.10,3.11,3.12,4 Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1152985 JP3432300006 Sogo Medical Co.,
Ltd.
Asia Japan 22/06/2017 Annual Against 1.8,1.9,1.10,2.2
3
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1152182 JP3435000009 Sony Corporation Asia Japan 15/06/2017 Annual All For 1.1
1155186 JP3435350008 Sony Financial
Holdings Inc.
Asia Japan 21/06/2017 Annual All For
1157722 JP3435750009 M3 Inc Asia Japan 29/06/2017 Annual Against 1.8 Concerns about overall board structure
1154696 JP3436100006 SoftBank Group
Corp.
Asia Japan 21/06/2017 Annual Against 3.2,3.3 Concerns regarding Auditor tenure
1157183 JP3436120004 SBI Holdings Asia Japan 29/06/2017 Annual Against 1.16,2 Concerns about overall board structure
1155159 JP3441200007 Taikisha Ltd. Asia Japan 29/06/2017 Annual All For
1156736 JP3442850008 Taisho
Pharmaceutical
Holdings Co., Ltd.
Asia Japan 29/06/2017 Annual Against 2.8
2.1
Concerns about overall board structure
Concerns about overall performance
1151524 JP3443600006 Taisei Corp. Asia Japan 29/06/2017 Annual Against 3.9,3.10 Concerns about overall board structure
1157785 JP3447200001 Taihei Dengyo
Kaisha Ltd.
Asia Japan 29/06/2017 Annual All For
1154787 JP3449020001 Taiheiyo Cement
Corp.
Asia Japan 29/06/2017 Annual Against 3.13 Concerns about overall board structure
1152993 JP3449080005 Taiho Kogyo Co.,
Ltd.
Asia Japan 13/06/2017 Annual Against 6
2.7,3
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1155843 JP3452000007 Taiyo Yuden Co. Ltd. Asia Japan 29/06/2017 Annual All For
1152971 JP3455200000 Takasago Thermal
Engineering
Asia Japan 27/06/2017 Annual All For
1144222 JP3456000003 Takashimaya Co.
Ltd.
Asia Japan 23/05/2017 Annual Against 4
2.9
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1155138 JP3459600007 Takara Holdings Inc. Asia Japan 29/06/2017 Annual Against 3.1,3.3 Concerns about overall board structure
1157658 JP3460000007 Takara Standard
Co. Ltd.
Asia Japan 29/06/2017 Annual All For
1155189 JP3460200003 TAKARA BIO INC Asia Japan 23/06/2017 Annual Against 2.1,2.2 Concerns about overall performance
1156948 JP3460800000 Takara Leben Co.,
Ltd.
Asia Japan 27/06/2017 Annual Against 3.3 Concerns about overall board structure
1155674 JP3462200001 C I Takiron Corp. Asia Japan 28/06/2017 Annual Against 2.1 Concerns about overall board structure
1156878 JP3462600002 Takuma Co. Ltd. Asia Japan 28/06/2017 Annual All For
1154796 JP3463000004 Takeda
Pharmaceutical Co.
Ltd.
Asia Japan 28/06/2017 Annual All For
1153815 JP3465000002 Tadano Ltd. Asia Japan 27/06/2017 Annual Against 4 Policy Rationale:Poison pill/anti-takeover measure
not in investors interests
1154328 JP3465400004 Tachi-S Co. Ltd. Asia Japan 23/06/2017 Annual Against 3.6
2
Concerns about overall board structure
Concerns to protect shareholder value
1155153 JP3467400002 Tatsuta Electric
Wire & Cable Co.
Ltd.
Asia Japan 23/06/2017 Annual Against 2.1,2.2,2.4 Concerns about overall board structureLack of
independent representation at board committees
1152990 JP3469000008 Mitsubishi Tanabe
Pharma Corp.
Asia Japan 21/06/2017 Annual Against 4 Concerns about overall board structure
1156309 JP3471000004 Tamura Corp. Asia Japan 28/06/2017 Annual Against 2.4
4
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1152514 JP3475000000 Dai-ichi Kogyo
Seiyaku Co. Ltd.
Asia Japan 27/06/2017 Annual Against 5,6
2.11,2.12
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1154778 JP3475200006 Daiichikosho Co.,
Ltd.
Asia Japan 23/06/2017 Annual Against 3.12 Concerns related to attendance at board or
committee meetings
1151801 JP3475350009 Daiichi Sankyo Co.
Ltd.
Asia Japan 19/06/2017 Annual All For
1155854 JP3475800003 Daiichi Jitsugyo Co.
Ltd.
Asia Japan 27/06/2017 Annual Against 4.7 Concerns about overall board structure
1151208 JP3476480003 Dai-Ichi Life
Holdings Inc.
Asia Japan 26/06/2017 Annual All For
1157329 JP3480600000 Daiki Aluminum
Industry Co. Ltd.
Asia Japan 23/06/2017 Annual Against 3.9,3.10 Concerns about overall board structure
1154405 JP3481300006 DaikyoNishikawa
Corporation
Asia Japan 22/06/2017 Annual Against 2.8 Concerns about overall board structure
1153377 JP3481400004 Daikyo Inc. Asia Japan 22/06/2017 Annual Against 3.7 Concerns about overall board structure
1153807 JP3481800005 Daikin Industries
Ltd.
Asia Japan 29/06/2017 Annual All For
1158394 JP3483100008 Daikoku Denki Co.,
Ltd.
Asia Japan 28/06/2017 Annual Against 2.2
1.1,1.2
3
Concerns about overall board structure
Concerns about overall performance
Insufficient/poor disclosure
1151802 JP3483800003 Daishi Bank Ltd. Asia Japan 27/06/2017 Annual Against 2.1 Concerns about overall performance
1153728 JP3485800001 Daicel Corp. Asia Japan 23/06/2017 Annual Against 4 Poison pill/anti-takeover measure not in investors
interests
1154828 JP3486700002 Daito Bank Asia Japan 23/06/2017 Annual Against 2.8,2.9 Concerns about overall board structure
1154760 JP3486800000 Daito Trust
Construction Co.
Ltd.
Asia Japan 28/06/2017 Annual Against 3.2 Concerns about overall board structure
1124305 JP3488400007 DyDo Group
Holdings Inc.
Asia Japan 14/04/2017 Annual Against 2.1,2.2
3
Concerns about overall performance
Poison pill/anti-takeover measure not in investors
interests
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1156889 JP3491000000 Daido Steel Co. Ltd. Asia Japan 28/06/2017 Annual Against 6
3.9,3.10,4.1,4.2
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1154530 JP3491910000 DYNAM Japan
Holdings Co., Ltd.
Asia Japan 22/06/2017 Annual Against 1 Issue of equity raises concerns about excessive
dilution of existing shareholders
1156717 JP3492200005 Dainichiseika
Colour & Chem
Mfg. Co. Ltd.
Asia Japan 29/06/2017 Annual Against 7
4.8,5.2,5.3
8
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1154338 JP3493800001 Dai Nippon Printing
Co. Ltd.
Asia Japan 29/06/2017 Annual Against 3.11,4
3.1
Concerns about overall board structure
Concerns about overall performance
1155608 JP3494600004 SCREEN Holdings
Co., Ltd.
Asia Japan 27/06/2017 Annual All For
1154400 JP3495000006 Sumitomo
Dainippon Pharma
Co., Ltd.
Asia Japan 22/06/2017 Annual Against 2.8,3.3 Concerns about overall board structure
1152520 JP3496400007 KDDI Corporation Asia Japan 21/06/2017 Annual All For
1158448 JP3497000004 Daihatsu Diesel Mfg Asia Japan 29/06/2017 Annual Against 4,5
2.12,3.1,3.2
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1158068 JP3497200000 Daibiru Corp. Asia Japan 28/06/2017 Annual Against 2.1,2.2 Concerns about overall performance
1155792 JP3497400006 Daifuku Co. Ltd. Asia Japan 23/06/2017 Annual Against 1.10 Concerns about overall board structure
1157631 JP3497800007 Daihen Corp. Asia Japan 28/06/2017 Annual Against 2.7,2.8 Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1157331 JP3499800005 Mitsubishi UFJ
Lease & Finance Co.
Asia Japan 29/06/2017 Annual Against 2.14,2.15,3.2
2.12
2.13
Concerns about overall board structure
Concerns related to attendance at board or
committee meetings
Concerns related to attendance at board or
committee meetingsConcerns about overall board
structure
1154380 JP3500610005 Resona Holdings,
Inc.
Asia Japan 23/06/2017 Annual Against 13
5
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
1152183 JP3502200003 Daiwa Securities
Group Inc.
Asia Japan 28/06/2017 Annual All For
1156906 JP3505000004 Daiwa House
Industry Co. Ltd.
Asia Japan 29/06/2017 Annual Against 4
2.1,3.2
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1156355 JP3511800009 Chiba Bank Ltd. Asia Japan 28/06/2017 Annual All For
1154173 JP3512200001 Chiba Kogyo Bank
Ltd.
Asia Japan 28/06/2017 Annual Against 2.5,2.6,3.3 Concerns about overall board structure
1154732 JP3521000004 Chugoku Bank Ltd. Asia Japan 23/06/2017 Annual Against 2.11 Concerns about overall board structure
1154758 JP3522200009 Chugoku Electric
Power Co. Inc.
Asia Japan 28/06/2017 Annual All For 2.1,2.2
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1156706 JP3524600008 Chubu Steel Plate
Co. Ltd.
Asia Japan 22/06/2017 Annual Against 3.7,3.8
3.1
Concerns about overall board structure
Concerns about overall performance
1155822 JP3525400002 Chubu Shiryo Asia Japan 29/06/2017 Annual Against 3
5
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1154735 JP3526600006 Chubu Electric
Power Co. Inc.
Asia Japan 28/06/2017 Annual All For
1154713 JP3528200003 Chori Co. Ltd. Asia Japan 15/06/2017 Annual Against 3
5
4
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
1154172 JP3528600004 Chiyoda Corp. Asia Japan 26/06/2017 Annual Against 2.9
2.1
Concerns about overall board structure
Concerns about overall performance
1154184 JP3531800005 Tsugami Corp. Asia Japan 21/06/2017 Annual Against 1.8,1.9 Concerns about overall board structure
1155270 JP3535400000 Tsubakimoto Chain
Co.
Asia Japan 29/06/2017 Annual Against 2.10 Concerns about overall board structure
1156936 JP3535800001 Tsumura & Co. Asia Japan 29/06/2017 Annual All For
1155886 JP3538570007 T & K Toka Co., Ltd. Asia Japan 22/06/2017 Annual Against 6,7,9 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1155802 JP3538600002 Toa Corp. (6809) Asia Japan 22/06/2017 Annual Against 2.1
4
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1142874 JP3538690003 TSI Holdings Co.,
Ltd.
Asia Japan 26/05/2017 Annual Against 1.1,1.2
1.6
Concerns about overall performance
Lack of independence on board
1154669 JP3538800008 TDK Corp. Asia Japan 29/06/2017 Annual All For
1153810 JP3539220008 T&D HOLDINGS INC. Asia Japan 28/06/2017 Annual All For
1153747 JP3539230007 TS TECH Co., Ltd. Asia Japan 23/06/2017 Annual All For
1154165 JP3539250005 THK Co. Ltd. Asia Japan 17/06/2017 Annual Against 3.8 Concerns about overall board structure
1156255 JP3539300008 Tayca Corp. Asia Japan 28/06/2017 Annual Against 3 Poison pill/anti-takeover measure not in investors
interests
1158382 JP3541600007 Teikoku Tsushin
Kogyo Co.
Asia Japan 29/06/2017 Annual Against 4.1 Concerns about overall performanceConcerns about
overall board structure
1158048 JP3542400001 TPR Co., Ltd. Asia Japan 29/06/2017 Annual Against 2.9
4
Concerns about overall board structure
Insufficient/poor disclosure
1153315 JP3544000007 Teijin Ltd. Asia Japan 22/06/2017 Annual All For
1156288 JP3545040002 Techno Ryowa
Limited
Asia Japan 28/06/2017 Annual Against 3.6
4.2,4.3
Concerns about overall board structure
Concerns about overall board structureLack of
independent representation at board committees
1155641 JP3546800008 Terumo Corp. Asia Japan 27/06/2017 Annual All For
1153355 JP3547670004 Temp Holdings Co.,
Ltd.
Asia Japan 27/06/2017 Annual Against 3.6 Concerns about overall board structure
1154151 JP3548500002 DTS Corp. Asia Japan 22/06/2017 Annual Against 3.7,3.8,3.9,3.10 Concerns about overall board structure
1155812 JP3548600000 Disco Co. Asia Japan 27/06/2017 Annual All For
1153719 JP3548610009 DeNA Co Ltd Asia Japan 24/06/2017 Annual All For
1146243 JP3548640006 DIP Corp. Asia Japan 27/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1145251 JP3548660004 DCM Holdings Co.,
Ltd.
Asia Japan 25/05/2017 Annual All For
1152965 JP3549600009 Denka Co., Ltd. Asia Japan 22/06/2017 Annual Against 3.7,3.8 Concerns about overall board structure
1152176 JP3551200003 Electric Power
Development Co. (J-
Power)
Asia Japan 28/06/2017 Annual Against 2.13 Concerns about overall board structure
1152518 JP3551500006 Denso Corp. Asia Japan 20/06/2017 Annual Against 1.8,1.9 Concerns about overall board structure
1156881 JP3552250007 Tokai Corporation -
Gifu City
Asia Japan 29/06/2017 Annual Against 5 Concerns about overall board structure
1153663 JP3552290003 TOCALO CO LTD Asia Japan 23/06/2017 Annual All For
1157314 JP3554000004 Tomoku Co. Ltd. Asia Japan 23/06/2017 Annual Against 2,3 Concerns to protect shareholder value
1153806 JP3564200008 Sumitomo Riko
Company Ltd.
Asia Japan 22/06/2017 Annual Against 2.1,2.2 Concerns about overall performance
1153737 JP3566600007 Tokai Rika Co. Ltd. Asia Japan 16/06/2017 Annual Against 3.14,4.2
3.1
2
Concerns about overall board structure
Concerns about overall performance
Concerns to protect shareholder value
1155296 JP3566800003 Central Japan
Railway Co.
Asia Japan 23/06/2017 Annual All For
1156908 JP3567410000 Tokyu Construction
Co.
Asia Japan 27/06/2017 Annual Against 2.6,2.7 Concerns about overall board structure
1156242 JP3569200003 Tokyu Fudosan
Holdings
Corporation
Asia Japan 28/06/2017 Annual Against 2.11,3.3 Concerns about overall board structure
1152536 JP3571400005 Tokyo Electron Ltd. Asia Japan 20/06/2017 Annual Against 3
1.11
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1154784 JP3571800006 Tokyo Ohka Kogyo
Co. Ltd.
Asia Japan 28/06/2017 Annual Against 4.2 Concerns about overall board structure
1153751 JP3573000001 Tokyo Gas Co. Ltd. Asia Japan 29/06/2017 Annual All For
1155291 JP3574200006 Tokyu Corp. Asia Japan 29/06/2017 Annual Against 3.1,3.15,3.17 Concerns about overall board structure
1155145 JP3577600004 Tokai Tokyo
Financial Holdings
Inc
Asia Japan 29/06/2017 Annual All For
1154182 JP3579800008 Tokyo Steel Mfg.
Co. Ltd.
Asia Japan 28/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1155624 JP3580200008 Tokyo Seimitsu Co.
Ltd.
Asia Japan 26/06/2017 Annual Against 2.11,3.1 Concerns about overall board structure
1156292 JP3584400000 Tokyo TY Financial
Group, Inc.
Asia Japan 29/06/2017 Annual Against 3.10 Concerns about overall board structure
1155730 JP3584600005 Tokyo Tekko Co.
Ltd.
Asia Japan 29/06/2017 Annual All For
1156422 JP3585400009 Tokyo Energy &
Systems Inc.
Asia Japan 29/06/2017 Annual Against 3 Concerns about overall board structure
1154435 JP3585800000 Tokyo Electric
Power Co Holdings
Inc.
Asia Japan 23/06/2017 Annual All For
1132844 JP3587600002 Tokyo Dome Corp. Asia Japan 27/04/2017 Annual Against 3.10
3.8,3.9
Concerns about overall board structure
Lack of independence on board
1155711 JP3588600001 Tokyo Broadcasting
System Holdings Inc
Asia Japan 29/06/2017 Annual Against 2.14,2.15,2.16,2.17
2.3
2.2
Concerns about overall board structure
Concerns about overall performance
Concerns about overall performancePoison pill/anti-
takeover measure not in investors
interestsConcerns about overall board structure
1156233 JP3592200004 Toshiba Corp. Asia Japan 28/06/2017 Annual Against 1.1,1.2,1.3
1.8
Concerns about overall performance
Concerns about overall performance
1153803 JP3592600005 Toshiba Machine
Co. Ltd.
Asia Japan 23/06/2017 Annual All For
1154225 JP3594200002 Toshiba Plant
Systems & Services
Corp.
Asia Japan 22/06/2017 Annual All For
1155208 JP3595200001 Tosoh Corp. Asia Japan 28/06/2017 Annual Against 2.9,2.10 Concerns about overall board structure
1154378 JP3596200000 Toto Ltd. Asia Japan 27/06/2017 Annual Against 2.2 Concerns about overall board structure
1153369 JP3597800006 Tobu Railway Co.
Ltd.
Asia Japan 23/06/2017 Annual Against 3.1,3.14 Concerns about overall board structure
1157266 JP3598200008 Topre Corp. Asia Japan 28/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1142871 JP3598600009 Toho Co. Ltd. (9602) Asia Japan 25/05/2017 Annual Against 2.1 Concerns about overall board structure
1156286 JP3600200004 Toho Gas Co. Ltd. Asia Japan 27/06/2017 Annual Against 5
3.9,3.10
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1153786 JP3601000007 Toho Bank Ltd. Asia Japan 26/06/2017 Annual All For
1156261 JP3602600003 Toho Holdings Co
Ltd
Asia Japan 29/06/2017 Annual Against 2.1,2.14,2.16 Concerns about overall board structure
1154729 JP3605400005 Tohoku Electric
Power Co. Inc.
Asia Japan 28/06/2017 Annual Against 2.14,2.15 Concerns about overall board structure
1156713 JP3606600009 Toyo Ink SC
Holdings Co., Ltd.
Asia Japan 29/06/2017 Annual Against 3.7
5
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1155154 JP3610200002 Toyo Kohan Co. Ltd. Asia Japan 23/06/2017 Annual Against 2.7
2.1
Concerns about overall board structure
Concerns about overall board structureConcerns
about overall performance
1157641 JP3613000003 Toyo Suisan Kaisha
Ltd.
Asia Japan 29/06/2017 Annual Against 2.1,2.15 Concerns about overall board structure
1154180 JP3613400005 Toyo Seikan Group
Holdings Ltd.
Asia Japan 27/06/2017 Annual Against 2.1 Concerns about overall performance
1156900 JP3619800000 Toyobo Co. Ltd. Asia Japan 28/06/2017 Annual Against 4.3
5
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1158171 JP3620200000 T. Rad Co. Ltd. Asia Japan 28/06/2017 Annual Against 5
4.5,4.7
4.1
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Concerns about overall performance
1153765 JP3620600001 TOLI Corporation Asia Japan 21/06/2017 Annual Against 2.4 Concerns about overall board structure
1153325 JP3621000003 Toray Industries Inc. Asia Japan 27/06/2017 Annual Against 2.2,2.3
2.1
Concerns about overall board structure
Concerns about overall board structure
1158964 JP3622400004 Towa Bank Ltd. Asia Japan 27/06/2017 Annual Against 2,3,7,8 Concerns to protect shareholder value
1156405 JP3623150004 Towa
Pharmaceutical Co.
Ltd.
Asia Japan 27/06/2017 Annual Against 4
2.1,2.10
3
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Insufficient/poor disclosure
1153396 JP3625000009 Tokuyama
Corporation
Asia Japan 23/06/2017 Annual Against 5.4 Concerns about overall board structure
1154209 JP3626800001 LIXIL Group
Corporation
Asia Japan 22/06/2017 Annual All For
1157318 JP3627000007 Toda Corp. Asia Japan 29/06/2017 Annual Against 4
3
Insufficient justification for related party transaction
Poison pill/anti-takeover measure not in investors
interests
1156359 JP3627800000 Tochigi Bank Ltd. Asia Japan 29/06/2017 Annual Against 2.5 Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1153762 JP3629000005 Toppan Printing Co.
Ltd.
Asia Japan 29/06/2017 Annual Against 1.13,1.14
1.2
1.1
Concerns about overall board structure
Concerns about overall performance
Concerns about overall performanceConcerns about
overall board structure
1154143 JP3630200008 Topy Industries Ltd. Asia Japan 23/06/2017 Annual All For
1157715 JP3630400004 Topcon Corp. Asia Japan 28/06/2017 Annual Against 1.7 Concerns about overall board structure
1156926 JP3631700006 TOMONY
Holdings,Inc.
Asia Japan 28/06/2017 Annual Against 4.2 Concerns about overall board structure
1150583 JP3633400001 Toyota Motor Corp. Asia Japan 14/06/2017 Annual All For
1154377 JP3634200004 Toyoda Gosei Co.
Ltd.
Asia Japan 15/06/2017 Annual All For
1152497 JP3634600005 Toyota Industries
Corp.
Asia Japan 09/06/2017 Annual Against 3
2.9,2.10,2.11
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1156282 JP3635000007 Toyota Tsusho Corp. Asia Japan 23/06/2017 Annual All For
1153725 JP3635400009 Toyota Boshoku
Corp.
Asia Japan 13/06/2017 Annual Against 6
3.7,3.8,3.9,3.10
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1154162 JP3635700002 transcosmos inc. Asia Japan 20/06/2017 Annual Against 3.14 Concerns related to attendance at board or
committee meetings
1157365 JP3636650008 Toridoll Holdings
Corp
Asia Japan 29/06/2017 Annual Against 5
3.1
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1154283 JP3638600001 Dowa Holdings Co.
Ltd.
Asia Japan 27/06/2017 Annual Against 3 Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1142873 JP3639100001 Doutor-Nichires
Holdings Co Ltd
Asia Japan 25/05/2017 Annual Against 4
2.10
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1157694 JP3643600004 Nakano Corp. Asia Japan 29/06/2017 Annual Against 2.8,3.3 Concerns about overall board structure
1156347 JP3646800007 Nakayo Inc. Asia Japan 28/06/2017 Annual Against 6
4.4,4.5
4.1
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Concerns about overall performance
1155184 JP3647800006 Nagase & Co., Ltd. Asia Japan 28/06/2017 Annual Against 2.1,2.3 Concerns about overall performance
1155686 JP3648800005 Bank of Nagoya Ltd. Asia Japan 23/06/2017 Annual All For
1157783 JP3649800004 Nagoya Railroad
Co. Ltd.
Asia Japan 28/06/2017 Annual Against 5 Policy Rationale:Apparent failure to link pay and
appropriate performanceInsufficient/poor disclosure
4.1
1155130 JP3651060000 NATORI CO LTD Asia Japan 29/06/2017 Annual Against 1.8,1.9,1.10 Concerns about overall board structure
1153753 JP3651080008 EIZO Corporation Asia Japan 22/06/2017 Annual All For
1158379 JP3651160008 NAFCO CO. LTD. Asia Japan 28/06/2017 Annual Against 4
2.16
2.3
2.1
3
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Concerns about overall performance
Concerns about overall performanceConcerns about
overall board structure
Insufficient/poor disclosure
1153745 JP3653000004 Nankai Electric
Railway Co. Ltd.
Asia Japan 23/06/2017 Annual Against 4.11,4.12,4.13,5 Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1158509 JP3653400006 Nanto Bank Ltd. Asia Japan 29/06/2017 Annual Against 2.9
2.1,2.2
Concerns about overall board structure
Concerns about overall performance
1158019 JP3657400002 Nikon Corp. Asia Japan 29/06/2017 Annual Against 2.6
2.1
Concerns about overall board structure
Concerns about overall performance
1153712 JP3658800002 Nishi Nippon
Railroad Co. Ltd.
Asia Japan 29/06/2017 Annual All For
1157804 JP3658850007 Nishi-Nippon
Financial Holdings,
Inc.
Asia Japan 29/06/2017 Annual All For
1151811 JP3659000008 West Japan Railway
Co.
Asia Japan 22/06/2017 Annual All For
1154321 JP3659200004 Nishimatsu
Construction Co.
Ltd.
Asia Japan 29/06/2017 Annual All For
1155767 JP3660400007 Nichias Corp. Asia Japan 29/06/2017 Annual All For
1158494 JP3660900006 NichiiGakkan Co.,
Ltd.
Asia Japan 27/06/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1157733 JP3661800007 Nichicon Corp. Asia Japan 29/06/2017 Annual Against 2.7
2.1,2.2
Concerns about overall board structure
Concerns about overall performance
1156803 JP3662200009 Nichiha Corp. Asia Japan 23/06/2017 Annual Against 2.9 Concerns about overall board structure
1152527 JP3663900003 Sojitz Corporation Asia Japan 20/06/2017 Annual All For
1154284 JP3665200006 Nichirei Corp. Asia Japan 27/06/2017 Annual All For
1154160 JP3667600005 JGC Corp. Asia Japan 29/06/2017 Annual All For
1153640 JP3670800006 Nissan Chemical
Industries Ltd.
Asia Japan 28/06/2017 Annual Against 3 Concerns about overall board structure 2- Lack of
independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1155673 JP3672000001 Nissan Shatai Co.
Ltd.
Asia Japan 28/06/2017 Annual Against 2.1,2.5
1
3
Concerns about overall board structure
Concerns to protect shareholder value
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
1156210 JP3672400003 Nissan Motor Co.
Ltd.
Asia Japan 27/06/2017 Annual Against 2.1,2.2,2.3,2.8 Lack of independence on board
1156809 JP3673600007 Nipro Corp. Asia Japan 28/06/2017 Annual All For
1156705 JP3674400001 Nissin Corp. Asia Japan 23/06/2017 Annual Against 4.1,4.2 Concerns about overall board structureLack of
independent representation at board committees
1154742 JP3675600005 Nissin Foods
Holdings Co., Ltd.
Asia Japan 28/06/2017 Annual Against 3 Concerns about overall board structure
1151523 JP3676200003 Nisshin Steel Co.,
Ltd.
Asia Japan 27/06/2017 Annual Against 2.9
2.1
2.2
Concerns about overall board structure
Concerns about overall board structureConcerns
about overall performance
Concerns about overall performance
1155150 JP3676600004 Nissin Sugar Co.,
Ltd.
Asia Japan 28/06/2017 Annual All For
1155826 JP3676800000 Nisshin Seifun
Group Inc.
Asia Japan 28/06/2017 Annual All For
1153358 JP3677200002 NISSHIN OILLIO
GROUP LTD
Asia Japan 23/06/2017 Annual All For
1157718 JP3677900007 Nisshin Fudosan
Co. Ltd.
Asia Japan 28/06/2017 Annual Against 3 Insufficient/poor disclosure
1156913 JP3678000005 Nisshinbo Holdings
Inc.
Asia Japan 29/06/2017 Annual Against 2.7,3
2.1
Concerns about overall board structure
Concerns about overall performance
1155192 JP3678100003 Nissui
Pharmaceutical
Asia Japan 23/06/2017 Annual Against 2 Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1154164 JP3678800008 Hitachi High-
Technologies Corp.
Asia Japan 23/06/2017 Annual Against 1.1,1.5,1.6,1.7 Concerns about overall board structure
1156339 JP3679000004 Nissei Plastic
Industrial Co., Ltd.
Asia Japan 23/06/2017 Annual All For
1157309 JP3680800004 Nittetsu Mining Co.
Ltd.
Asia Japan 29/06/2017 Annual All For
1154693 JP3681000000 Nippon Steel &
Sumikin Bussan
Asia Japan 27/06/2017 Annual Against 2.9,3.1 Concerns about overall board structure
1157156 JP3682400001 Nitto Kogyo Corp. Asia Japan 29/06/2017 Annual All For
1152526 JP3684000007 Nitto Denko Corp. Asia Japan 16/06/2017 Annual Against 3.7,3.8 Concerns about overall board structure
1155164 JP3686800008 Nippon Sheet Glass
Co. Ltd.
Asia Japan 29/06/2017 Annual Against 1.2 Concerns about overall performance
1154408 JP3687200000 Nichi-Iko
Pharmaceutical Co.
Ltd.
Asia Japan 16/06/2017 Annual Against 2.6,2.7,3
4
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1155815 JP3689050007 Nihon M&A Center
Inc
Asia Japan 23/06/2017 Annual All For
1157796 JP3691600005 Nippon Chemical
Industrial Co. Ltd.
Asia Japan 27/06/2017 Annual All For
1157251 JP3694400007 Nippon Kayaku Co.
Ltd.
Asia Japan 28/06/2017 Annual All For
1156863 JP3695200000 NGK Insulators Ltd. Asia Japan 29/06/2017 Annual All For
1157779 JP3695600001 Nippon Gas Co. Ltd. Asia Japan 28/06/2017 Annual Against 3.11 Concerns about overall board structure
1155864 JP3699400002 Japan Airport
Terminal Co. Ltd.
Asia Japan 29/06/2017 Annual Against 5
3.10,3.12
3.9,3.11
7
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Concerns related to attendance at board or
committee meetingsConcerns about overall board
structure
Poison pill/anti-takeover measure not in investors
interests
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1153384 JP3700200003 Nippon Light Metal
Holdings Company,
Ltd.
Asia Japan 27/06/2017 Annual Against 2.10 Concerns about overall board structure
1153344 JP3701600003 Nippon Chemiphar
Co. Ltd.
Asia Japan 23/06/2017 Annual Against 2.8
3
Concerns about overall board structure
Insufficient/poor disclosure
1152187 JP3705200008 Japan AirLines Co.
Ltd.
Asia Japan 22/06/2017 Annual All For
1156348 JP3705600009 Japan Aviation
Electronics Industry
Ltd.
Asia Japan 21/06/2017 Annual All For
1154781 JP3706400003 Nippon Koshuha
Steel Co. Ltd.
Asia Japan 27/06/2017 Annual Against 4.11
4.1
Concerns about overall board structure
Concerns about overall board structureConcerns
about overall performance
1154763 JP3706800004 Nihon Kohden Corp. Asia Japan 28/06/2017 Annual All For
1157158 JP3709600005 Nikkon Holdings
Co., Ltd.
Asia Japan 29/06/2017 Annual All For
1155229 JP3711200000 Aozora Bank, Ltd. Asia Japan 27/06/2017 Annual Against 3.4,3.5 Concerns about overall board structure
1153650 JP3711600001 Taiyo Nippon Sanso
Corp.
Asia Japan 20/06/2017 Annual Against 3.2 Concerns about overall board structure
1158032 JP3712000003 CMK Corp. Asia Japan 29/06/2017 Annual Against 3
2.1
Concerns about overall board structure
Concerns about overall performance
1154681 JP3712600000 NSD Co. Ltd. Asia Japan 27/06/2017 Annual Against 1.6 Concerns about overall board structure
1153798 JP3714400003 Japan Securities
Finance Co. Ltd.
Asia Japan 23/06/2017 Annual Against 2.1,2.2 Concerns about overall performance
1152959 JP3715200006 Nippon Shokubai
Co. Ltd.
Asia Japan 21/06/2017 Annual Against 3 Concerns about overall board structure
1158380 JP3715600007 Nihon Shokuhin
Kako Co. Ltd.
Asia Japan 28/06/2017 Annual Against 4.1 Concerns about overall board structure
1153724 JP3716000009 Nippon Signal Co.
Ltd.
Asia Japan 23/06/2017 Annual Against 3
2
Concerns about overall board structure
Concerns to protect shareholder value
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1155875 JP3717600005 Nippon Shinyaku
Co. Ltd.
Asia Japan 29/06/2017 Annual All For
1156924 JP3718800000 Nippon Suisan
Kaisha Ltd.
Asia Japan 28/06/2017 Annual Against 1.9,2.2,3 Concerns about overall board structure
1155640 JP3720000003 Nippon Fine
Chemical Co. Ltd.
Asia Japan 22/06/2017 Annual Against 2.7,3.2 Concerns about overall board structure
1156703 JP3720600000 Nippon Seiki Co. Asia Japan 28/06/2017 Annual All For
1153702 JP3720800006 NSK Ltd. Asia Japan 23/06/2017 Annual Against 2.11,2.12
3
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1154675 JP3721400004 Japan Steel Works
Ltd.
Asia Japan 27/06/2017 Annual Against 2.7
2.1
4
Concerns about overall board structure
Concerns about overall performance
Poison pill/anti-takeover measure not in investors
interests
1154754 JP3721600009 Nippon Paper
Industries Co., Ltd.
Asia Japan 29/06/2017 Annual Against 2.1,2.2 Concerns about overall performance
1158215 JP3721800005 Nippon Seisen Co.
Ltd.
Asia Japan 29/06/2017 Annual Against 8
4.1,4.4,4.6,5,6
2
3
7
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Concerns to protect shareholder value
Insufficient basis to support a decision
Insufficient/poor disclosure
1156415 JP3723000000 Nippon Flour Mills
Co. Ltd.
Asia Japan 29/06/2017 Annual All For
1157600 JP3725400000 Zeon Corp. Asia Japan 29/06/2017 Annual Against 2.12
4
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1153350 JP3729000004 Shinsei Bank Ltd. Asia Japan 21/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1158064 JP3729200000 NIHON CHOUZAI
CO. LTD.
Asia Japan 28/06/2017 Annual Against 4
2.1
Apparent failure to link pay and appropriate
performanceInsufficient/poor disclosure
Concerns about overall board structure
1157777 JP3729400006 Nippon Express Co.
Ltd.
Asia Japan 29/06/2017 Annual Against 5 Concerns about overall board structure
1155288 JP3732200005 Nippon Television
Holdings Inc.
Asia Japan 29/06/2017 Annual Against 2.6,2.7 Concerns about overall board structure
1157664 JP3732600006 Nippon Beet Sugar
Mfg. Co. Ltd.
Asia Japan 29/06/2017 Annual Against 2 Concerns about overall board structure
1153732 JP3733000008 NEC Corp. Asia Japan 22/06/2017 Annual All For
1154688 JP3733800001 NEC Networks &
System Integration
Corp.
Asia Japan 23/06/2017 Annual All For
1153700 JP3734800000 Nidec Corp. Asia Japan 16/06/2017 Annual All For
1158360 JP3735000006 Jeol Ltd. Asia Japan 28/06/2017 Annual Against 4 Insufficient/poor disclosure
1150815 JP3735400008 Nippon Telegraph
& Telephone Corp.
Asia Japan 27/06/2017 Annual All For
1155779 JP3738600000 NGK Spark Plug Co.
Ltd.
Asia Japan 29/06/2017 Annual Against 1.9 Concerns about overall board structure
1156383 JP3739000002 Nihon Tokushu
Toryo Co. Ltd.
Asia Japan 23/06/2017 Annual Against 3.9 Concerns about overall board structure
1156277 JP3740200005 Nippon Road Co.
Ltd.
Asia Japan 29/06/2017 Annual All For
1156316 JP3742600004 NHK Spring Co. Asia Japan 28/06/2017 Annual Against 2.6 Concerns about overall board structure
1153733 JP3743000006 NH Foods Ltd. Asia Japan 28/06/2017 Annual All For
1158949 JP3744600002 Nihon Parkerizing
Co. Ltd.
Asia Japan 29/06/2017 Annual Against 4.3 Concerns about overall board structure
1159870 JP3745800007 Nippon Hume Corp. Asia Japan 29/06/2017 Annual Against 2.10
3
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1154389 JP3746800006 JBCC Holdings Inc. Asia Japan 21/06/2017 Annual Against 1.7
2
Concerns about overall board structure
Concerns to protect shareholder value
1156417 JP3750200002 Nippo Corp. Asia Japan 23/06/2017 Annual Against 2.1,2.9,3.1,3.3,3.4 Concerns about overall board structure
1154789 JP3752800007 Nihon Yamamura
Glass Co. Ltd.
Asia Japan 28/06/2017 Annual Against 3.1 Concerns about overall performance
1155156 JP3752900005 Japan Post Holdings
Co., Ltd.
Asia Japan 22/06/2017 Annual All For
1152945 JP3753000003 Nippon Yusen K.K. Asia Japan 21/06/2017 Annual Against 4.1,4.2 Concerns about overall performance
1155319 JP3753400005 NOF Corp. Asia Japan 29/06/2017 Annual Against 3.9,3.10 Concerns about overall board structure
1157659 JP3754200008 Nihon Unisys Ltd. Asia Japan 28/06/2017 Annual All For
1157160 JP3755200007 Relo Group Inc. Asia Japan 23/06/2017 Annual Against 1.6 Concerns about overall board structure
1139027 JP3756100008 Nitori Holdings Co
Ltd
Asia Japan 11/05/2017 Annual All For
1156178 JP3756200006 Nifco Inc. Asia Japan 23/06/2017 Annual All For
1158044 JP3756350009 NUFLARE
TECHNOLOGY INC
Asia Japan 27/06/2017 Annual Against 2.1,2.10 Concerns about overall board structure
1156802 JP3756600007 Nintendo Co. Ltd. Asia Japan 29/06/2017 Annual All For
1157344 JP3758140002 Lifull Co., Ltd. Asia Japan 28/06/2017 Annual Against 3.4,3.5,3.6,4.2,4.3 Concerns about overall board structure
1145254 JP3762400004 Nomura Co. Ltd. Asia Japan 25/05/2017 Annual All For
1153367 JP3762600009 Nomura Holdings
Inc.
Asia Japan 23/06/2017 Annual Against 1.9 Concerns about overall board structure
1152181 JP3762800005 Nomura Research
Institute Ltd.
Asia Japan 23/06/2017 Annual All For
1155126 JP3762900003 Nomura Real Estate
Holdings, Inc.
Asia Japan 29/06/2017 Annual All For
1155215 JP3765100007 Hurxley Corp Asia Japan 21/06/2017 Annual All For
1151797 JP3765150002 Harmonic Drive
Systems Inc.
Asia Japan 14/06/2017 Annual Against 2.6,2.7,2.8 Concerns about overall board structure
1156299 JP3765400001 House Foods Group
Inc.
Asia Japan 28/06/2017 Annual Against 2.9,3 Concerns about overall board structure
1154699 JP3766400000 Hakuto Co., Ltd. Asia Japan 28/06/2017 Annual Against 1.1 Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1158203 JP3766500007 Hakudo Co. Ltd. Asia Japan 29/06/2017 Annual Against 6 Apparent failure to link pay and appropriate
performance
1156326 JP3766550002 Hakuhodo Dy
Holdings Inc.
Asia Japan 29/06/2017 Annual Against 6
2.14
4
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Insufficient/poor disclosure
1153386 JP3767810009 Hazama Ando Corp. Asia Japan 29/06/2017 Annual Against 2.9 Concerns about overall board structure
1155165 JP3768600003 Haseko Corp. Asia Japan 29/06/2017 Annual All For
1153793 JP3769000005 Hachijuni Bank Ltd. Asia Japan 23/06/2017 Annual Against 2.1 Concerns about overall performance
1154803 JP3771150004 Hamakyorex Asia Japan 15/06/2017 Annual All For
1156772 JP3772400002 Axial Retailing Inc. Asia Japan 23/06/2017 Annual All For
1157223 JP3773600006 Haruyama Holdings
Inc.
Asia Japan 29/06/2017 Annual Against 1.1 Concerns about overall performanceConcerns about
overall board structure
1151794 JP3774200004 Hankyu Hanshin
Holdings Inc.
Asia Japan 13/06/2017 Annual Against 3.3 Concerns about overall board structure
1153336 JP3774600005 H2O Retailing Corp. Asia Japan 21/06/2017 Annual All For
1155769 JP3777800008 Hanwa Co. Ltd. Asia Japan 29/06/2017 Annual Against 4.9 Concerns about overall board structure
1158202 JP3778280002 VITAL KSK
HOLDINGS CO LTD
Asia Japan 28/06/2017 Annual Against 2.14,2.15 Concerns about overall board structure
1158007 JP3778400006 Valor Holdings Co.
Ltd.
Asia Japan 29/06/2017 Annual Against 2
4
Insufficient/poor disclosure
Poison pill/anti-takeover measure not in investors
interests
1152531 JP3778630008 BANDAI NAMCO
Holdings Inc.
Asia Japan 19/06/2017 Annual All For
1154376 JP3779000003 Bando Chemical
Industries Ltd.
Asia Japan 22/06/2017 Annual All For
1155240 JP3780200006 Pioneer Corporation Asia Japan 28/06/2017 Annual Against 2.1 Concerns about overall performance
1157784 JP3781620004 Paramount Bed
Holdings Co., Ltd.
Asia Japan 29/06/2017 Annual All For
1142875 JP3781800002 Parco Co. Ltd. Asia Japan 27/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1155221 JP3782200004 Paltac Corporation Asia Japan 23/06/2017 Annual All For
1155881 JP3783420007 Hikari Tsushin Inc Asia Japan 23/06/2017 Annual Against 6
3.3
Apparent failure to link pay and appropriate
performance
Concerns about overall board structureLack of
independent representation at board committees
1152948 JP3783600004 East Japan Railway
Co.
Asia Japan 23/06/2017 Annual Against 3 Concerns about overall board structure
1143552 JP3784600003 Hisamitsu
Pharmaceutical Co.
Inc.
Asia Japan 25/05/2017 Annual Against 2.11 Concerns about overall board structure
1153666 JP3785000005 Hitachi Chemical
Co. Ltd.
Asia Japan 23/06/2017 Annual All For
1156856 JP3786200000 Hitachi Metals Ltd. Asia Japan 27/06/2017 Annual Against 1.2 Concerns about overall board structure
1156280 JP3786600001 Hitachi Capital Corp. Asia Japan 23/06/2017 Annual All For
1154670 JP3787000003 Hitachi
Construction
Machinery Co. Ltd.
Asia Japan 26/06/2017 Annual All For
1154112 JP3788600009 Hitachi Ltd. Asia Japan 21/06/2017 Annual All For
1152997 JP3788600009 Hitachi Ltd. Asia Japan 21/06/2017 Annual All For
1153698 JP3789000001 Hitachi Zosen Corp. Asia Japan 22/06/2017 Annual Against 2.10 Concerns about overall board structure
1156289 JP3791200003 Hitachi Transport
Systems Ltd.
Asia Japan 23/06/2017 Annual Against 2.6 Lack of independent representation at board
committees
1156350 JP3791800000 Hitachi Maxell Ltd. Asia Japan 27/06/2017 Annual All For
1156781 JP3792600003 Hino Motors Ltd. Asia Japan 27/06/2017 Annual Against 2.1,2.9,2.10,4 Concerns about overall board structure
1155696 JP3793800008 Hyakugo Bank Ltd. Asia Japan 23/06/2017 Annual Against 2.13,2.14
2.1,2.2
Concerns about overall board structure
Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1156958 JP3794200000 Hyakujushi Bank
Ltd.
Asia Japan 29/06/2017 Annual Against 4.5,4.6
3.1,3.2
Concerns about overall board structureLack of
independent representation at board committees
Concerns about overall performance
1158049 JP3795800006 Hirano Tecseed Co. Asia Japan 28/06/2017 Annual All For
1155137 JP3796000002 Hiramatsu Inc. Asia Japan 23/06/2017 Annual Against 2 Concerns to protect shareholder value
1155236 JP3797000001 Hiroshima Bank Ltd. Asia Japan 28/06/2017 Annual All For
1156343 JP3799000009 Hirose Electric Co.
Ltd.
Asia Japan 27/06/2017 Annual Against 3.7 Concerns about overall board structure
1156718 JP3799700004 BML Inc. Asia Japan 29/06/2017 Annual Against 2.12,4
6
Concerns about overall board structure
Insufficient/poor disclosure
1158372 JP3801520002 PC Depot
Corporation
Asia Japan 28/06/2017 Annual All For
1129067 JP3801600002 Pigeon Corp. Asia Japan 27/04/2017 Annual All For
1155844 JP3802400006 Fanuc Corp. Asia Japan 29/06/2017 Annual All For
1147248 JP3802600001 FamilyMart UNY
Holdings Co., Ltd.
Asia Japan 25/05/2017 Annual Against 2.2,2.3,2.4,2.5,2.6,2.10,2.11,
3
2.1
Concerns to protect shareholder value
Concerns to protect shareholder value
1155798 JP3802720007 Ferrotec Holdings
Corp
Asia Japan 29/06/2017 Annual All For
1154769 JP3802800007 Foster Electric Co.
Ltd.
Asia Japan 22/06/2017 Annual Against 2.6 Concerns about overall board structure
1155297 JP3802940001 FIDEA Holdings Co.
Ltd.
Asia Japan 23/06/2017 Annual All For
1157678 JP3802960009 Feed One Holdings
Co., Ltd.
Asia Japan 29/06/2017 Annual Against 2.9,3 Concerns about overall board structure
1154772 JP3803600000 Fukui Bank Ltd. Asia Japan 24/06/2017 Annual Against 2.7
2.9
2.1,2.2
Concerns about overall board structure
Concerns about overall board structureLack of
independent representation at board committees
Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1157351 JP3805010000 Fukuoka Financial
Group Inc.
Asia Japan 29/06/2017 Annual All For 3.1,3.2
1154827 JP3805100009 Fukushima Bank Asia Japan 23/06/2017 Annual All For
1158771 JP3806000000 Fukuda Denshi
(Electronics)
Asia Japan 29/06/2017 Annual Against 1.5
1.1
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interestsConcerns about overall board structure
1157372 JP3809200003 Fuji Machine Mfg.
Co. Ltd.
Asia Japan 29/06/2017 Annual All For
1155299 JP3811000003 Fujikura Ltd. Asia Japan 29/06/2017 Annual Against 4.3,4.4 Concerns about overall board structureLack of
independent representation at board committees
1155596 JP3811200009 Fujikura Kasei Co.,
Ltd.
Asia Japan 29/06/2017 Annual Against 2.8,2.9,3.2,3.3 Concerns about overall board structure
1154682 JP3813800004 Fuji Seal
International Inc.
Asia Japan 21/06/2017 Annual All For
1159240 JP3814000000 FUJIFILM Holdings
Corp.
Asia Japan 29/06/2017 Annual All For
1157781 JP3814600007 Fujishoji Co., Ltd. Asia Japan 27/06/2017 Annual Against 2 Concerns about overall board structure
1152980 JP3814800003 Subaru Corp Asia Japan 23/06/2017 Annual All For
1153654 JP3816400000 Fuji Oil Holdings Inc. Asia Japan 22/06/2017 Annual All For
1154263 JP3818000006 Fujitsu Ltd. Asia Japan 26/06/2017 Annual All For
1155790 JP3818200002 Fujitsu Frontech
Ltd.
Asia Japan 22/06/2017 Annual Against 1.4 Concerns about overall board structure
1154677 JP3818400008 Fujitsu General Ltd. Asia Japan 20/06/2017 Annual Against 2.6,4 Concerns about overall board structure
1152989 JP3818800009 Fujitec Co. Ltd. Asia Japan 22/06/2017 Annual All For
1153351 JP3819400007 Fuji Media
Holdings, Inc.
Asia Japan 28/06/2017 Annual Against 2.8,2.9,2.10,2.11,2.17
2.6
2.2
Concerns about overall board structure
Concerns about overall performance
Concerns about overall performanceConcerns about
overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1156866 JP3820000002 Fuji Electric Co., Ltd. Asia Japan 27/06/2017 Annual Against 1.7 Concerns about overall board structure
1155129 JP3820800005 Fujibo Holdings Inc. Asia Japan 29/06/2017 Annual Against 3 Poison pill/anti-takeover measure not in investors
interests
1153382 JP3820900003 Fujimi Inc. Asia Japan 23/06/2017 Annual Against 4 Concerns about overall board structure
1156352 JP3821000001 Fujimori Kogyo Co. Asia Japan 20/06/2017 Annual Against 4 Concerns about overall board structure
1154733 JP3822000000 Miraca Holdings Inc Asia Japan 23/06/2017 Annual All For
1153795 JP3826270005 FUYO GENERAL
LEASE CO LTD
Asia Japan 23/06/2017 Annual Against 2.7,3.2,3.3 Concerns about overall board structure
1155241 JP3826900007 UACJ Corp. Asia Japan 29/06/2017 Annual All For
1153797 JP3827200001 Furukawa Electric
Co. Ltd.
Asia Japan 22/06/2017 Annual Against 2.4,2.6,3 Concerns about overall board structure
1157371 JP3828000004 Furusato Industries Asia Japan 28/06/2017 Annual All For
1152529 JP3830000000 Brother Industries
Ltd.
Asia Japan 23/06/2017 Annual All For
1156365 JP3831600006 Bunka Shutter Co.
Ltd.
Asia Japan 27/06/2017 Annual Against 7 Poison pill/anti-takeover measure not in investors
interests
1156898 JP3833200003 Prima Meat
Packers Ltd.
Asia Japan 29/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1154333 JP3833600004 Press Kogyo Co. Ltd. Asia Japan 29/06/2017 Annual All For
1149027 JP3833700002 Plenus Co. Ltd. Asia Japan 25/05/2017 Annual Against 1.8
2.2,2.3
Concerns about overall board structure
Concerns about overall board structureLack of
independent representation at board committees
1153729 JP3833740008 Proto Corporation Asia Japan 27/06/2017 Annual Against 3.2
4
Concerns about overall board structure
Insufficient/poor disclosure
1155789 JP3834200002 Heiwa Corp. Asia Japan 29/06/2017 Annual All For
1145191 JP3834400008 Heiwado Co. Ltd. Asia Japan 18/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1149417 JP3835600002 Best Denki Co. Ltd. Asia Japan 25/05/2017 Annual Against 3.1,3.8,3.9,4,5
6
Concerns about overall board structure
Concerns to protect shareholder value
1158498 JP3835620000 Benesse Holdings
Inc
Asia Japan 24/06/2017 Annual Against 2.1 Concerns about overall performance
1158162 JP3835630009 Benefit One Inc. Asia Japan 29/06/2017 Annual Against 4 Concerns about overall board structure
1159590 JP3835650007 Belluna Co. Ltd. Asia Japan 28/06/2017 Annual Against 5
3.3
Apparent failure to link pay and appropriate
performance
Concerns about overall board structureLack of
independent representation at board committees
1146665 JP3835700000 Belc Co. Asia Japan 26/05/2017 Annual Against 2.12 Concerns about overall board structure
1157356 JP3837400005 Hochiki Corp. Asia Japan 28/06/2017 Annual Against 3.7,3.8,4 Concerns about overall board structure
1152994 JP3837800006 Hoya Corp. Asia Japan 21/06/2017 Annual All For
1155171 JP3841000007 Hokuetsu Bank Ltd. Asia Japan 23/06/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1156256 JP3842400008 Hokuhoku Financial
Group Inc.
Asia Japan 27/06/2017 Annual Against 4.2,4.5 Concerns about overall board structureLack of
independent representation at board committees
1153800 JP3843400007 North Pacific Bank
Ltd.
Asia Japan 27/06/2017 Annual Against 3.2 Concerns about overall board structure
1155841 JP3845000003 Hokuriku Electrical
Construction Co.
Ltd.
Asia Japan 29/06/2017 Annual Against 2.5,2.10,2.12
3
4
Concerns about overall board structure
Insufficient basis to support a decision
Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1153787 JP3845400005 Hokuriku Electric
Power
Asia Japan 28/06/2017 Annual Against 2.1,2.5,2.9
2.4,2.6
7
8
Concerns about overall board structure
Concerns about overall performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
1154205 JP3846600009 Hokkan Holdings
Ltd.
Asia Japan 29/06/2017 Annual Against 1.9
4
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1154412 JP3850200001 Hokkaido Electric
Power Co. Inc.
Asia Japan 28/06/2017 Annual Against 3.4
6
Concerns about overall board structure
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
2.1,2.2
1155836 JP3851400006 Hokkoku Bank Ltd. Asia Japan 23/06/2017 Annual Against 4.3,4.4,4.5,4.6
3.1
Concerns about overall board structureLack of
independent representation at board committees
Concerns about overall performanceConcerns about
overall board structure
1153359 JP3854600008 Honda Motor Co.
Ltd.
Asia Japan 15/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1148583 JP3856000009 Adastria Co., Ltd. Asia Japan 25/05/2017 Annual All For
1158496 JP3860220007 Mars Engineering Asia Japan 27/06/2017 Annual All For
1153763 JP3860230006 Marvelous Inc. Asia Japan 20/06/2017 Annual Against 1.7,1.8,2 Concerns about overall board structure
1148997 JP3860260003 Pocket Card Co. Ltd. Asia Japan 26/05/2017 Annual Against 1.6,1.8,2.1,2.2
1.7
1.1
Concerns about overall board structure
Concerns about overall board structureConcerns
related to attendance at board or committee
meetings
Concerns about overall performance
1145242 JP3860270002 Aeon Hokkaido
Corp
Asia Japan 23/05/2017 Annual All For
1155839 JP3861200008 Maeda Corp. Asia Japan 23/06/2017 Annual Against 2.12 Concerns about overall board structure
1157700 JP3861600009 Maeda Road
Construction Co.
Ltd.
Asia Japan 29/06/2017 Annual All For
1156860 JP3862400003 Makita Corp. Asia Japan 28/06/2017 Annual All For
1156310 JP3862800004 Makino Milling
Machine Co. Ltd.
Asia Japan 27/06/2017 Annual Against 3.8 Concerns about overall board structure
1157701 JP3863600007 Matsui
Construction Co.
Ltd.
Asia Japan 29/06/2017 Annual Against 2,3 Concerns about overall board structure
1155684 JP3863800003 Matsui Securities Asia Japan 25/06/2017 Annual All For
1155850 JP3866800000 Panasonic Corp Asia Japan 29/06/2017 Annual Against 2.6,2.7 Concerns about overall board structure
1155223 JP3868400007 Mazda Motor Corp. Asia Japan 28/06/2017 Annual Against 3.2 Concerns about overall board structure
1157231 JP3868500004 MATSUDA SANGYO
Co., Ltd.
Asia Japan 29/06/2017 Annual Against 3.1,3.2 Concerns about overall board structure
1154779 JP3869010003 Matsumotokiyoshi
Holdings Co Ltd
Asia Japan 29/06/2017 Annual All For
1146181 JP3869200000 Matsuya Co. Ltd.
(8237)
Asia Japan 25/05/2017 Annual Against 1.6,1.8 Concerns about overall board structure
1156875 JP3869800007 Matsuya Foods Co
Ltd
Asia Japan 27/06/2017 Annual Against 3.1,3.7 Concerns about overall board structure
1154168 JP3870400003 Marui Group Co.
Ltd.
Asia Japan 26/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1153811 JP3871200006 Maruichi Steel
Tube Ltd.
Asia Japan 23/06/2017 Annual Against 1.5,1.6 Concerns about overall board structure
1158878 JP3876000005 Maruzen Showa
Unyu Co. Ltd.
Asia Japan 29/06/2017 Annual Against 2.1,2.16
4
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1156342 JP3876400007 Marudai Food Co.
Ltd.
Asia Japan 29/06/2017 Annual Against 2.8
2.1
Concerns about overall board structure
Concerns about overall performance
1154767 JP3876600002 Maruha Nichiro
Corp.
Asia Japan 28/06/2017 Annual Against 2.9,3.1,3.3 Concerns about overall board structure
1152170 JP3877600001 Marubeni Corp. Asia Japan 23/06/2017 Annual All For
1155283 JP3879250003 Maruwa Co., Ltd.
(5344)
Asia Japan 22/06/2017 Annual All For
1158474 JP3880800002 Miura Co. Ltd. Asia Japan 29/06/2017 Annual Against 3.1 Concerns about overall board structure
1156770 JP3881200004 Mie Bank Ltd. Asia Japan 23/06/2017 Annual Against 2.8,2.9
2.1,2.2
Concerns about overall board structure
Concerns about overall performance
1156897 JP3882750007 Mixi Inc Asia Japan 27/06/2017 Annual Against 1.5 Concerns about overall board structure
1151809 JP3885400006 MISUMI Group Inc. Asia Japan 15/06/2017 Annual Against 3.1 Concerns about overall board structure
1153135 JP3885780001 Mizuho Financial
Group Inc.
Asia Japan 23/06/2017 Annual All For
1155279 JP3888300005 Mitsui Chemicals
Inc.
Asia Japan 27/06/2017 Annual All For
1153746 JP3888400003 Mitsui Mining &
Smelting Co. Ltd.
Asia Japan 29/06/2017 Annual All For
1155721 JP3889200006 Sumitomo Mitsui
Construction Co.
Ltd.
Asia Japan 29/06/2017 Annual All For
1159223 JP3889610006 Nippon Coke &
Engineering Co.
Asia Japan 29/06/2017 Annual Against 2.2 Concerns about overall board structure
1152503 JP3890310000 MS&AD Insurance
Group Holdings
Asia Japan 26/06/2017 Annual All For
1156710 JP3890350006 Sumitomo Mitsui
Financial Group, Inc.
Asia Japan 29/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1158303 JP3890350006 Sumitomo Mitsui
Financial Group, Inc.
Asia Japan 29/06/2017 Annual All For
1156341 JP3890400009 Mitsui Sugar Co. Ltd Asia Japan 27/06/2017 Annual Against 3.1,3.2 Concerns about overall board structure
1154716 JP3891200002 Mitsui-Soko
Holdings Co., Ltd.
Asia Japan 23/06/2017 Annual Against 1.1,1.2 Concerns about overall performance
1156945 JP3891600003 Mitsui Engineering
& Shipbuilding Co.
Ltd.
Asia Japan 28/06/2017 Annual All For
1155845 JP3892100003 Sumitomo Mitsui
Trust Holdings, Inc.
Asia Japan 29/06/2017 Annual All For
1154373 JP3893200000 Mitsui Fudosan Co.
Ltd.
Asia Japan 29/06/2017 Annual All For
1151202 JP3893600001 Mitsui & Co. Asia Japan 21/06/2017 Annual Against 2.13 Concerns about overall board structure
1153720 JP3893700009 T-Gaia Corporation Asia Japan 21/06/2017 Annual Against 3.8,5 Concerns about overall board structure
1156419 JP3893800007 Mitsui Home Co.
Ltd.
Asia Japan 28/06/2017 Annual Against 5 Insufficient/poor disclosure
1150849 JP3894900004 Isetan Mitsukoshi
Holdings Ltd
Asia Japan 21/06/2017 Annual Against 2.6,2.8
2.1,2.2
Concerns about overall board structure
Concerns about overall performance
1155862 JP3895200008 Mitsuba Corp. Asia Japan 23/06/2017 Annual All For
1155214 JP3896800004 Mitsubishi Gas
Chemical Co. Inc.
Asia Japan 27/06/2017 Annual All For
1154357 JP3897700005 Mitsubishi
Chemical Holdings
Corp.
Asia Japan 27/06/2017 Annual All For
1152174 JP3898400001 Mitsubishi Corp. Asia Japan 23/06/2017 Annual All For 2.11
1155136 JP3899600005 Mitsubishi Estate
Co Ltd
Asia Japan 29/06/2017 Annual All For
1155867 JP3899800001 Mitsubishi Motors
Corp.
Asia Japan 23/06/2017 Annual Against 3.2 Concerns about overall performance
1153731 JP3900000005 Mitsubishi Heavy
Industries, Ltd.
Asia Japan 22/06/2017 Annual Against 3.6,4.3 Concerns about overall board structure
1155246 JP3900800008 Mitsubishi Steel
Mfg. Co. Ltd.
Asia Japan 23/06/2017 Annual Against 3.2,3.3,4 Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1155317 JP3902000003 Mitsubishi Logistics
Corp.
Asia Japan 29/06/2017 Annual Against 4
3.9,3.10
3.1,3.2
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Concerns about overall performance
1153699 JP3902400005 Mitsubishi Electric
Corp.
Asia Japan 29/06/2017 Annual Against 1.11 Lack of independent representation at board
committees
1155204 JP3902900004 Mitsubishi UFJ
Financial Group
Asia Japan 29/06/2017 Annual Against 2.6
3
Concerns about overall board structure
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
1155581 JP3902900004 Mitsubishi UFJ
Financial Group
Asia Japan 29/06/2017 Annual All For
1155204 JP3902900004 Mitsubishi UFJ
Financial Group
Asia Japan 29/06/2017 Annual Against 2.6
3
4
Concerns about overall board structure
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
Vote in favour of a resolution requiring or
requesting an independent chair
1152960 JP3903000002 Mitsubishi
Materials Corp.
Asia Japan 28/06/2017 Annual Against 2.2 Concerns about overall board structure
1157606 JP3904000001 Mitsuboshi Belting
Ltd.
Asia Japan 29/06/2017 Annual All For
1153804 JP3905400002 Mito Securities Co. Asia Japan 27/06/2017 Annual Against 2.4,3.1,3.2,4 Concerns about overall board structure
1156360 JP3905850008 Minato Bank Asia Japan 29/06/2017 Annual Against 2.1,2.4,3.1 Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1142857 JP3905950006 Ministop Co. Ltd. Asia Japan 17/05/2017 Annual Against 2
1.1,1.2
Concerns about overall board structure
Concerns about overall performance
1155797 JP3906000009 Minebea Mitsumi
Inc.
Asia Japan 29/06/2017 Annual Against 2.12
4
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1155764 JP3908000007 Miyazaki Bank Ltd. Asia Japan 27/06/2017 Annual All For
1155846 JP3910620008 Mirait Holdings
Corp
Asia Japan 28/06/2017 Annual All For
1152507 JP3910660004 Tokio Marine
Holdings, Inc.
Asia Japan 26/06/2017 Annual Against 2.9 Concerns about overall board structure
1156356 JP3912800004 Musashino Bank
Ltd.
Asia Japan 28/06/2017 Annual Against 2.9 Concerns about overall board structure
1154269 JP3914400001 Murata
Manufacturing Co.
Ltd.
Asia Japan 29/06/2017 Annual All For
1155746 JP3918000005 Meiji Holdings Co
Ltd
Asia Japan 29/06/2017 Annual All For
1158485 JP3920200007 Meito Sangyo Co. Asia Japan 28/06/2017 Annual Against 2.7
2.1
Concerns about overall board structure
Concerns about overall board structureConcerns
about overall performance
1155751 JP3920600008 Meiwa Corp. Asia Japan 27/06/2017 Annual Against 2.6 Concerns about overall board structure
1155703 JP3921260000 METAWATER
CO.,LTD.
Asia Japan 27/06/2017 Annual All For
1154684 JP3921270009 Menicon Co.,Ltd. Asia Japan 29/06/2017 Annual Against 1.7,1.9 Lack of independent representation at board
committees
1154676 JP3922400001 Mos Food Services Asia Japan 28/06/2017 Annual All For
1156742 JP3922800002 Mochida
Pharmaceutical Co.
Ltd.
Asia Japan 29/06/2017 Annual Against 2.11,3.2 Concerns about overall board structure
1158028 JP3924000007 Mory Industries Inc. Asia Japan 28/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1156345 JP3926400007 Morinaga & Co.,
Ltd.
Asia Japan 29/06/2017 Annual Against 7
4
2
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Poison pill/anti-takeover measure not in investors
interests
1154340 JP3926800008 Morinaga Milk
Industry Co. Ltd.
Asia Japan 29/06/2017 Annual All For
1158880 JP3930200005 Yaoko Asia Japan 27/06/2017 Annual Against 2.10 Concerns about overall board structure
1144236 JP3930400001 Maxvalu Tokai Co. Asia Japan 25/05/2017 Annual Against 1.1,1.9,2.1 Concerns about overall board structure
1155148 JP3931600005 Yakult Honsha Co.
Ltd.
Asia Japan 21/06/2017 Annual Against 1.11,1.12 Concerns related to attendance at board or
committee meetingsConcerns about overall board
structure
1151209 JP3932000007 Yaskawa Electric
Corp.
Asia Japan 15/06/2017 Annual All For
1157159 JP3932820008 Yasuda Logistics
Corp.
Asia Japan 28/06/2017 Annual Against 3.2,4
2.2
2.1
5
Concerns about overall board structure
Concerns about overall performance
Concerns about overall performanceConcerns about
overall board structure
Poison pill/anti-takeover measure not in investors
interests
1154183 JP3933800009 Yahoo Japan
Corporation
Asia Japan 20/06/2017 Annual Against 1.5,1.6
3.1
Concerns about overall board structure
Lack of independent representation at board
committees
1155833 JP3934800008 Yamagata Bank Ltd. Asia Japan 23/06/2017 Annual Against 3.1 Concerns about overall performance
1156251 JP3935300008 Yamaguchi
Financial Group, Inc.
Asia Japan 27/06/2017 Annual All For
1155180 JP3936800006 Yamazen Corp. Asia Japan 28/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1153766 JP3937200008 Azbil Corp. Asia Japan 27/06/2017 Annual All For
1157155 JP3937600009 Yamatane Corp. Asia Japan 28/06/2017 Annual Against 1.8 Concerns about overall board structure
1153727 JP3939000000 Yamada Denki Co. Asia Japan 29/06/2017 Annual All For
1154710 JP3940000007 Yamato Holdings
Co Ltd
Asia Japan 23/06/2017 Annual All For
1155771 JP3940400009 Yamato Kogyo Co.
Ltd.
Asia Japan 29/06/2017 Annual Against 3
2.1
Apparent failure to link pay and appropriate
performanceInsufficient/poor disclosure
Concerns about overall performanceConcerns about
overall board structure
1154337 JP3942000005 Yamanashi Chuo
Bank Ltd.
Asia Japan 27/06/2017 Annual Against 3.1,3.2 Concerns about overall performance
1154397 JP3942400007 Astellas Pharma Inc. Asia Japan 19/06/2017 Annual All For
1152941 JP3942600002 Yamaha Corp. Asia Japan 22/06/2017 Annual All For
1156702 JP3943000004 Yamabiko Corp. Asia Japan 29/06/2017 Annual All For
1156364 JP3943800007 Yamaya
Corporation
Asia Japan 27/06/2017 Annual Against 2.6 Concerns about overall board structure
1151817 JP3944130008 USS Co., Ltd. Asia Japan 13/06/2017 Annual All For
1153785 JP3945200008 Yuasa Trading Co.
Ltd.
Asia Japan 23/06/2017 Annual All For
1156416 JP3946200007 Yurtec Corp. Asia Japan 27/06/2017 Annual Against 2.1,2.11,3.1
4
Concerns about overall board structure
Insufficient/poor disclosure
1152995 JP3946750001 Japan Post Bank
Co., Ltd.
Asia Japan 20/06/2017 Annual All For
1154756 JP3947800003 Megmilk Snow
Brand Co., Ltd.
Asia Japan 28/06/2017 Annual All For
1158036 JP3948900000 Yutaka Giken Co. Asia Japan 23/06/2017 Annual Against 2.1 Concerns about overall board structure
1153001 JP3949400000 United Arrows Asia Japan 22/06/2017 Annual All For
1154176 JP3952550006 Unipres Corp. Asia Japan 22/06/2017 Annual Against 2.5 Concerns about overall board structure
1154270 JP3954200006 Yokowo Co. Ltd. Asia Japan 29/06/2017 Annual Against 5 Poison pill/anti-takeover measure not in investors
interests
1156175 JP3955000009 Yokogawa Electric
Corp.
Asia Japan 27/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1143566 JP3958000006 Yoshinoya Holdings
Co. Ltd.
Asia Japan 25/05/2017 Annual Against 6 Poison pill/anti-takeover measure not in investors
interests
1151807 JP3961400003 Yorozu Corp. Asia Japan 16/06/2017 Annual All For
1157304 JP3965800000 Raito Kogyo Co. Ltd. Asia Japan 29/06/2017 Annual All For
1155602 JP3966800009 Round One Corp. Asia Japan 24/06/2017 Annual All For
1157803 JP3967400007 Rasa Industries Ltd. Asia Japan 29/06/2017 Annual Against 4.1,4.8,5 Concerns about overall board structure
1146655 JP3968600001 Arcs Co., Ltd. Asia Japan 23/05/2017 Annual Against 3
4
Performance-related pay/awards for non-executives
Poison pill/anti-takeover measure not in investors
interests
1152999 JP3969700008 Rion Co., Ltd. Asia Japan 23/06/2017 Annual All For
1153392 JP3970300004 Recruit Holdings
Co., Ltd.
Asia Japan 20/06/2017 Annual All For
1152168 JP3973400009 Ricoh Co. Ltd. Asia Japan 16/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1153000 JP3974100004 Ricoh Leasing Co.,
Ltd.
Asia Japan 14/06/2017 Annual All For
1156867 JP3974400008 Riso Kagaku Asia Japan 27/06/2017 Annual Against 2.1,2.6,3.2 Concerns about overall board structure
1157614 JP3974450003 Resorttrust Inc. Asia Japan 29/06/2017 Annual Against 2.1,3.3,3.4
4
Concerns about overall board structure
Insufficient/poor disclosure
1155146 JP3975000005 Bank of The
Ryukyus Ltd.
Asia Japan 28/06/2017 Annual Against 2.9 Concerns about overall board structure
1156361 JP3975800008 Ryobi Ltd. Asia Japan 23/06/2017 Annual Against 4.5 Concerns about overall board structure
1156768 JP3976000004 Mitsubishi
Shokuhin Co Ltd.
Asia Japan 26/06/2017 Annual All For
1156403 JP3976200000 Ryoden Corp. Asia Japan 29/06/2017 Annual Against 3.15
3.1
Concerns about overall board structure
Concerns about overall performanceConcerns about
overall board structure
1145237 JP3976300008 Ryohin Keikaku Co.
Ltd.
Asia Japan 24/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1145265 JP3977000003 Ringer Hut Co. Asia Japan 24/05/2017 Annual Against 3
2.8
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1153339 JP3977200009 Lintec Corp. Asia Japan 22/06/2017 Annual Against 1.1,1.12,2.2 Concerns about overall board structure
1155151 JP3977400005 Rinnai Corp. Asia Japan 28/06/2017 Annual All For
1158803 JP3978800005 Renaissance Inc. Asia Japan 28/06/2017 Annual Against 1.6 Concerns about overall board structure
1157268 JP3979100009 Raysum Co Ltd Asia Japan 23/06/2017 Annual All For
1155709 JP3981400009 Rengo Co. Ltd. Asia Japan 29/06/2017 Annual Against 1.1,1.15,1.17 Concerns about overall board structure
1143568 JP3982100004 Lawson, Inc. Asia Japan 30/05/2017 Annual All For
1156688 JP3982400008 Rohto
Pharmaceutical Co.
Ltd.
Asia Japan 23/06/2017 Annual All For
1154711 JP3982800009 Rohm Co. Ltd. Asia Japan 29/06/2017 Annual Against 2.1 Concerns about overall performance
1156338 JP3990770004 Wowow Inc. Asia Japan 23/06/2017 Annual Against 1.8,1.9,1.11,1.12 Concerns about overall board structure
1146180 JP3992000004 Wakita & Co., Ltd. Asia Japan 25/05/2017 Annual Against 7
1
8
Apparent failure to link pay and appropriate
performance Insufficient/poor disclosure
Insufficient basis to support a decision
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
1155717 JP3992400006 Wacoal Holdings
Corp
Asia Japan 29/06/2017 Annual Against 3.6 Concerns about overall board structure
1149007 JP3994400004 Warabeya Nichiyo
Holdings Co., Ltd.
Asia Japan 25/05/2017 Annual All For
1124490 KE0000000554 Equity Group
Holdings Limited
Emerging Markets Kenya 23/05/2017 Annual Against 1 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1151286 KR7001720002 Shinyoung
Securities Co., Ltd.
Asia South
Korea
09/06/2017 Annual All For
1139530 KR7002550002 KB Insurance Co.
Ltd.
Asia South
Korea
22/06/2017 Special All For
1136739 KR7003030004 Seah Steel Corp. Asia South
Korea
26/05/2017 Special All For
1146729 KR7003520004 Yungjin
Pharmaceutical Co.
Asia South
Korea
12/06/2017 Special All For
1144711 KR7012450003 Hanwha Techwin
Co., Ltd.
Asia South
Korea
15/06/2017 Special All For
1146856 KR7035720002 Kakao Corp. Asia South
Korea
14/06/2017 Special All For
1145728 KR7078520004 Able C&C Co. Asia South
Korea
08/06/2017 Special All For
1125544 KR7086450004 DongKook
Pharmaceutical Co.
Asia South
Korea
28/04/2017 Special All For
1145777 KR7086900008 Medy-Tox Inc. Asia South
Korea
13/06/2017 Special Against 2 Issue of capital raises concerns about excessive
dilution of existing shareholders
1151603 KR7092440007 Kishin Corp. Asia South
Korea
16/06/2017 Annual Against 4
2.2
2.3
Apparent failure to link pay and appropriate
performanceInsufficient basis to support a decision
Concerns about overall board structure
Concerns related to attendance at board or
committee meetings
1136336 KR7200880003 Seoyon E-Hwa Co.
Ltd.
Asia South
Korea
25/05/2017 Special All For
1141189 KR7204320006 Mando Corp. Asia South
Korea
01/06/2017 Special All For
1130232 KYG011981035 Agile Group
Holdings Ltd.
Emerging Markets Cayman
Islands
08/05/2017 Annual Against 4
11B,11C
6,7
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1116401 KYG014081064 AirTAC
International Group
Emerging Markets Cayman
Islands
16/05/2017 Annual Against 5 Insufficient/poor disclosure
1141578 KYG0192S1093 Ajisen (China)
Holdings Ltd.
Emerging Markets Cayman
Islands
24/05/2017 Annual Against 5A,5C Issue of capital raises concerns about excessive
dilution of existing shareholders
1145377 KYG037AX1015 Ambarella, Inc. Emerging Markets Cayman
Islands
07/06/2017 Annual All For
1118491 KYG040111059 Anta Sports
Products Ltd.
Emerging Markets Cayman
Islands
06/04/2017 Annual Against 12
9
11
6
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
Issue of equity raises concerns about excessive
dilution of existing shareholders.
Overboarded/Too many other time commitments
1123931 KYG0407M1033 Apex International
Co Ltd
Emerging Markets Cayman
Islands
15/06/2017 Annual Against 6 Insufficient/poor disclosure
1145458 KYG0420V1068 AMVIG Holdings Ltd Emerging Markets Cayman
Islands
08/06/2017 Annual Against 6,8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1130226 KYG0535Q1331 ASM Pacific
Technology Ltd.
Emerging Markets Cayman
Islands
09/05/2017 Annual All For
1142942 KYG0539C1069 Asia Cement
(China) Holdings
Corporation
Emerging Markets Cayman
Islands
26/05/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1126680 KYG0539R1039 Asia Plastic
Recycling Holding
Ltd
Emerging Markets Cayman
Islands
15/06/2017 Annual All For
1138614 KYG106891008 Best Pacific
International
Holdings Ltd.
Emerging Markets Cayman
Islands
19/05/2017 Annual Against 6,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1120596 KYG114741062 Bizlink Holdings Inc. Emerging Markets Cayman
Islands
15/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1144268 KYG1179M1078 Bloomage
BioTechnology
Corp Ltd
Emerging Markets Cayman
Islands
06/06/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1142487 KYG127751058 Boyaa Interactive
International Ltd.
Emerging Markets Cayman
Islands
29/05/2017 Annual Against 5,6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1119999 KYG193031096 Casetek Holdings
Ltd.
Emerging Markets Cayman
Islands
22/06/2017 Annual Against 5 Insufficient/poor disclosure
1115839 KYG202881093 Chailease Holding
Company Limited
Emerging Markets Cayman
Islands
26/05/2017 Annual All For
1140655 KYG2045D1079 Changshouhua
Food Co., Ltd.
Emerging Markets Cayman
Islands
23/05/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1145464 KYG204791043 Chaowei Power
Holdings Ltd
Emerging Markets Cayman
Islands
08/06/2017 Annual Against 4
8,10
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1138382 KYG207681001 Central China Real
Estate Ltd.
Emerging Markets Cayman
Islands
19/05/2017 Annual Against 4A,4C Issue of equity raises concerns about excessive
dilution of existing shareholders
1134237 KYG2103F1019 Cheung Kong
Property Holdings
Ltd.
Emerging Markets Cayman
Islands
11/05/2017 Annual Against 5.1,5.3
3.2,3.3
3.4
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1144486 KYG2108Y1052 China Resources
Land Ltd.
Emerging Markets Cayman
Islands
02/06/2017 Annual Against 3.5,3.7,3.8
6,7
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1144561 KYG210961051 China Mengniu
Dairy Co., Ltd.
Emerging Markets Cayman
Islands
02/06/2017 Annual Against 6 Issue of capital raises concerns about excessive
dilution of existing shareholders
1127260 KYG211081248 China Medical
System Holdings
Ltd.
Emerging Markets Cayman
Islands
26/04/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1138412 KYG2110A1114 Chinasoft
International Ltd.
Emerging Markets Cayman
Islands
18/05/2017 Annual Against 8
2.3
5,7
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Concerns related to attendance at board or
committee meetingsConcerns related to Non-audit
fees
Issue of equity raises concerns about excessive
dilution of existing shareholders
1143903 KYG2110P1000 China Shineway
Pharmaceutical
Group Ltd.
Emerging Markets Cayman
Islands
31/05/2017 Annual Against 4B,4C
2A,2B,2C
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1134655 KYG2110X1034 China Metal
International
Holdings Inc.
Emerging Markets Cayman
Islands
12/05/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1140115 KYG2112H1065 China Aoyuan
Property Group Ltd
Emerging Markets Cayman
Islands
26/05/2017 Annual Against 7,8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1131752 KYG2112Y1098 China Dongxiang
(Group) Co., Ltd.
Emerging Markets Cayman
Islands
10/05/2017 Annual Against 5,7 Concerns to protect shareholder value 2- Issue of
capital raises concerns about excessive dilution of
existing shareholders
1126235 KYG2113L1068 China Resources
Cement Holdings
Ltd.
Emerging Markets Cayman
Islands
12/05/2017 Annual Against 3.5,4
3.4
6,7
Concerns related to Non-audit fees
Concerns related to attendance at board or
committee meetingsConcerns related to Non-audit
fees
Issue of equity raises concerns about excessive
dilution of existing shareholders
1125039 KYG211411098 China Lilang Ltd Emerging Markets Cayman
Islands
24/04/2017 Annual Against 3.3
6,8
3.2
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time
commitmentsConcerns related to attendance at
board or committee meetings
1140118 KYG2116J1085 China Conch
Venture Holdings
Ltd
Emerging Markets Cayman
Islands
28/06/2017 Annual Against 7,8 Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1149919 KYG2116M1015 China Shanshui
Cement Group Ltd.
Emerging Markets Cayman
Islands
02/06/2017 Annual Against 4
1
10,11
Concerns related to attendance at board or
committee meetings
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
1145783 KYG2118N1079 China Harmony
New Energy Auto
Holding Limited
Emerging Markets Cayman
Islands
09/06/2017 Annual Against 7
5,6
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Issue of equity raises concerns about excessive
dilution of existing shareholders
1146773 KYG2119W1069 China Evergrande
Group
Emerging Markets Cayman
Islands
15/06/2017 Annual Against 2
6,7
10,12
Concerns related to attendance at board or
committee meetings
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
1150623 KYG2133W1087 China Resources
Phoenix Healthcare
Holdings Company
Limited
Emerging Markets Cayman
Islands
16/06/2017 Annual Against 14,15 Issue of equity raises concerns about excessive
dilution of existing shareholders
1124840 KYG2140A1076 CIFI Holdings Group
Co Ltd.
Emerging Markets Cayman
Islands
21/04/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1136784 KYG2157Q1029 China Lesso Group
Holdings Limited
Emerging Markets Cayman
Islands
19/05/2017 Annual Against 3b,3d
5a,5c
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1138019 KYG215A81084 China ZhengTong
Auto Services
Holdings Ltd
Emerging Markets Cayman
Islands
18/05/2017 Annual Against 7,8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1142479 KYG215AT1023 China Zhongwang
Holdings Ltd.
Emerging Markets Cayman
Islands
26/05/2017 Annual Against 3.1b,3.1c
5A,5C
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
1127072 KYG216771363 China State
Construction
International
Holdings Limited
Emerging Markets Cayman
Islands
01/06/2017 Annual Against 6C
6A
3A,3B
3D
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
Overboarded/Too many other time commitments
1134195 KYG217651051 CK Hutchison
Holdings Limited
Emerging Markets Cayman
Islands
11/05/2017 Annual Against 3a,3b,3c,3d,3f
5.1,5.3
3e
Concerns about overall board structure 2- Lack of
independence on board
Issue of capital raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1136112 KYG2198S1093 CIMC Enric
Holdings Ltd
Emerging Markets Cayman
Islands
19/05/2017 Annual Against 4,6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1142465 KYG229721140 Comba Telecom
Systems Holdings
Ltd.
Emerging Markets Cayman
Islands
31/05/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1134199 KYG245241032 Country Garden
Holdings Company
Ltd.
Emerging Markets Cayman
Islands
18/05/2017 Annual Against 8
3a6
5,7
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1142486 KYG258851156 CT Environmental
Group Limited
Emerging Markets Cayman
Islands
26/05/2017 Annual Against 4,5
8b,8c
<p>Concerns to protect shareholder value</p>
<p>Issue of equity raises concerns about excessive
dilution of existing shareholders</p>
1138666 KYG2687M1006 Dawnrays
Pharmaceutical
(Holdings) Ltd.
Emerging Markets Cayman
Islands
25/05/2017 Annual Against 3.2,3.3
5,7
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1141801 KYG2743Y1061 Dali Foods Group
Company Ltd
Emerging Markets Cayman
Islands
26/05/2017 Annual Against 7,8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1144804 KYG2920K1013 EcoGreen
International Group
Ltd.
Emerging Markets Cayman
Islands
22/06/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1140114 KYG2953R1149 AAC Technologies
Holdings Inc.
Emerging Markets Cayman
Islands
24/05/2017 Annual Against 7
5
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1149093 KYG3040R1589 Endeavour Mining
Corporation
Emerging Markets Cayman
Islands
27/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1134752 KYG3066L1014 ENN Energy
Holdings Ltd.
Emerging Markets Cayman
Islands
26/05/2017 Annual All For
1138740 KYG321481015 EVA Precision
Industrial Holdings
Ltd.
Emerging Markets Cayman
Islands
19/05/2017 Annual Against 5A,5C Issue of equity raises concerns about excessive
dilution of existing shareholders
1137905 KYG3472Y1017 FIH Mobile Limited Emerging Markets Cayman
Islands
25/05/2017 Annual Against 10,11
12
Issue of equity raises concerns about excessive
dilution of existing shareholders
Performance-related pay/awards for non-executives
1148347 KYG3472Y1017 FIH Mobile Limited Emerging Markets Cayman
Islands
25/05/2017 Special All For
1134073 KYG367381053 Fresh Del Monte
Produce Inc.
Emerging Markets Cayman
Islands
03/05/2017 Annual Against 1a Concerns about overall performance
1134200 KYG368441195 Fufeng Group Ltd. Emerging Markets Cayman
Islands
12/05/2017 Annual Against 5D
5A,5C
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Issue of equity raises concerns about excessive
dilution of existing shareholders
1140398 KYG3690U1058 Fullshare Holdings
Limited
Emerging Markets Cayman
Islands
19/05/2017 Annual Against 6,8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1136043 KYG3701A1067 Future Land
Development
Holdings Ltd.
Emerging Markets Cayman
Islands
18/05/2017 Annual Against 5A,5C Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1143864 KYG3707A1004 Future World
Financial Holdings
Ltd
Emerging Markets Cayman
Islands
31/05/2017 Annual Against 5,6
1,2d,2e,2f
4A,4C
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
1140653 KYG3774X1088 GCL-Poly Energy
Holdings Ltd.
Emerging Markets Cayman
Islands
24/05/2017 Annual Against 2.2
4A,4C
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1136115 KYG3777B1032 Geely Automobile
Holdings Ltd.
Emerging Markets Cayman
Islands
25/05/2017 Annual Against 11,12 Issue of equity raises concerns about excessive
dilution of existing shareholders
1119891 KYG3808R1011 General Interface
Solution (GIS)
Holding Limited
Emerging Markets Cayman
Islands
22/05/2017 Annual Against 6 Insufficient/poor disclosure
1120597 KYG390101064 Ginko International
Co., Ltd.
Emerging Markets Cayman
Islands
22/06/2017 Annual All For
1133890 KYG3931M1024 Global Lighting
Technologies Inc
Emerging Markets Cayman
Islands
22/06/2017 Annual All For
1142266 KYG3958R1092 Golden Eagle Retail
Group Ltd.
Emerging Markets Cayman
Islands
25/05/2017 Annual Against 5A,5C
3B
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1142272 KYG398141013 Goodbaby
International
Holdings Ltd.
Emerging Markets Cayman
Islands
25/05/2017 Annual Against 8
6,7
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Issue of equity raises concerns about excessive
dilution of existing shareholders
1118499 KYG4002A1004 Gourmet Master
Co Ltd
Emerging Markets Cayman
Islands
15/06/2017 Annual All For
1142482 KYG407691040 Greatview Aseptic
Packaging Co Ltd.
Emerging Markets Cayman
Islands
26/05/2017 Annual Against 5A,5C Issue of equity raises concerns about excessive
dilution of existing shareholders
1127520 KYG409711069 Green Seal Holding
Limited
Emerging Markets Cayman
Islands
16/06/2017 Annual All For
1150115 KYG4100M1050 Greentown China
Holdings Ltd.
Emerging Markets Cayman
Islands
16/06/2017 Annual Against 7,8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1136968 KYG4232C1087 Haitian
International
Holdings Ltd.
Emerging Markets Cayman
Islands
18/05/2017 Annual Against 4,5
3
8,10
Concerns related to Non-audit fees
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1135922 KYG4402L1510 Hengan
International Group
Co. Ltd.
Emerging Markets Cayman
Islands
17/05/2017 Annual Against 10
8
11,13
Concerns related to Non-audit fees
Concerns related to Non-audit fees
Issue of capital raises concerns about excessive
dilution of existing shareholders
1122723 KYG4412G1010 Herbalife Ltd. Emerging Markets Cayman
Islands
27/04/2017 Annual Against 2
1.1
Apparent failure to link pay and appropriate
performance
Vote against combined Chair/CEO
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1122723 KYG4412G1010 Herbalife Ltd. Emerging Markets Cayman
Islands
27/04/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1120429 KYG451001070 Hiroca Holdings Ltd. Asia Taiwan 31/05/2017 Annual All For
1132854 KYG4638Y1008 Hua Han Health
Industry Holdings
Ltd.
Emerging Markets Cayman
Islands
28/04/2017 Special Against 1,2 Concerns to protect shareholder value
1131526 KYG4922U1031 Intime Retail
(Group) Company
Limited
Emerging Markets Cayman
Islands
08/05/2017 Court All For
1131378 KYG4922U1031 Intime Retail
(Group) Company
Limited
Emerging Markets Cayman
Islands
08/05/2017 Special All For
1135127 KYG513831001 Jiangnan Group
Limited
Emerging Markets Cayman
Islands
19/05/2017 Annual Against 5A,5C Issue of equity raises concerns about excessive
dilution of existing shareholders
1133759 KYG513871015 Jinli Group Holdings
Limited
Emerging Markets Cayman
Islands
22/06/2017 Annual Against 7.3
7.1
8
Concerns about overall board structure
Concerns about overall board structure
Insufficient/poor disclosure
1135270 KYG521051063 Ju Teng
International
Holdings Ltd.
Emerging Markets Cayman
Islands
18/05/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1152954 KYG521321003 Kaisa Group
Holdings Ltd.
Emerging Markets Cayman
Islands
12/06/2017 Special All For
1145366 KYG521321003 Kaisa Group
Holdings Ltd.
Emerging Markets Cayman
Islands
28/06/2017 Annual Against 8,9,10
15,16
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1142259 KYG525621408 Kingboard Chemical
Holdings Ltd
Emerging Markets Cayman
Islands
29/05/2017 Annual Against 7
6A,6C
3A,3B,3C
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1132860 KYG525681477 Kingdee
International
Software Group Co.
Ltd.
Emerging Markets Cayman
Islands
10/05/2017 Annual Against 2B
5A,5C
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1142267 KYG5257K1076 Kingboard
Laminates Holdings
Ltd.
Emerging Markets Cayman
Islands
29/05/2017 Annual Against 7
6A,6C
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1141184 KYG5264Y1089 Kingsoft
Corporation Ltd.
Emerging Markets Cayman
Islands
24/05/2017 Annual Against 8
5,7
3.2
3.3
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
Lack of independence on boardConcerns related to
inappropriate membership of committees
1143121 KYG532241042 KWG Property
Holding Ltd.
Emerging Markets Cayman
Islands
02/06/2017 Annual Against 5
8,10
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1139856 KYG5380M1033 Lansen
Pharmaceutical
Holdings Limited
Emerging Markets Cayman
Islands
19/06/2017 Annual Against 5A,5C Issue of equity raises concerns about excessive
dilution of existing shareholders
1130949 KYG5427W1309 Lee & Man Paper
Manufacturing Ltd.
Emerging Markets Cayman
Islands
10/05/2017 Annual Against 11,13
5
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1130696 KYG548561284 Lifestyle
International
Holdings Ltd.
Emerging Markets Cayman
Islands
08/05/2017 Annual Against 5B,5C
3b
Concerns to protect shareholder value 2- Issue of
equity raises concerns about excessive dilution of
existing shareholders
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1134725 KYG5496K1242 Li Ning Company
Ltd.
Emerging Markets Cayman
Islands
16/06/2017 Annual Against 4,6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1139854 KYG555551095 Logan Property
Holdings Co., Ltd.
Emerging Markets Cayman
Islands
27/06/2017 Annual Against 1
6,7
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
1144569 KYG5635P1090 Longfor Properties
Co. Ltd
Emerging Markets Cayman
Islands
05/06/2017 Annual Against 3.4
5,7
Concerns about overall board structure
Issue of equity raises concerns about excessive
dilution of existing shareholders
1145298 KYG5966D1051 Meitu, Inc. Emerging Markets China 02/06/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1140656 KYG607441022 MGM China
Holdings Limited
Emerging Markets Cayman
Islands
24/05/2017 Annual Against 8
5,7
Apparent failure to link pay & appropriate
performance
Issue of capital raises concerns about excessive
dilution of existing shareholders
1144808 KYG6103P1000 Midland IC&I Ltd. Emerging Markets Cayman
Islands
27/06/2017 Annual Against 2a4
5,6
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1158274 KYG6103P1000 Midland IC&I Ltd. Emerging Markets Cayman
Islands
27/06/2017 Special All For
1128200 KYG6145U1094 Minth Group Ltd. Emerging Markets Cayman
Islands
13/04/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1144285 KYG6145U1094 Minth Group Ltd. Emerging Markets Cayman
Islands
31/05/2017 Annual Against 4,8
11,13
Concerns related to Non-audit feesConcerns related
to attendance at board or committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1124072 KYG6382M1096 NagaCorp Ltd. Emerging Markets Cayman
Islands
25/04/2017 Annual Against 6a,6c Issue of equity raises concerns about excessive
dilution of existing shareholders
1142262 KYG6420C1217 Neo Telemedia Ltd. Emerging Markets Cayman
Islands
25/05/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1148350 KYG650071098 New World
Department Store
China Ltd.
Emerging Markets Cayman
Islands
25/05/2017 Special All For
1135758 KYG6501M1050 Nexteer
Automotive Group
Ltd.
Emerging Markets Cayman
Islands
05/06/2017 Annual Against 5A,5C Issue of equity raises concerns about excessive
dilution of existing shareholders
1138016 KYG693701156 Parkson Retail
Group Ltd.
Emerging Markets Cayman
Islands
18/05/2017 Annual Against 5,6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1125256 KYG7091M1096 Phoenix Group
Holdings
Emerging Markets Cayman
Islands
11/05/2017 Annual All For
1138359 KYG720051047 Powerlong Real
Estate Holdings Ltd.
Emerging Markets Cayman
Islands
22/05/2017 Annual Against 7,9
4
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1136143 KYG730611061 Qinqin Foodstuffs
Group (Cayman)
Company Limited
Emerging Markets Cayman
Islands
16/05/2017 Annual Against 7
2h,2i,2j,2k,3
5,6
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Concerns related to Non-audit fees
Issue of equity raises concerns about excessive
dilution of existing shareholders
1142955 KYG7306W1087 PW Medtech Group
Ltd.
Emerging Markets Cayman
Islands
02/06/2017 Annual Against 7,8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1144567 KYG750041041 Renhe Commercial
Holdings Company
Ltd.
Emerging Markets Cayman
Islands
22/06/2017 Annual Against 2a,2b,2e
5,7
2c
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded
1130955 KYG7800X1079 Sands China Ltd. Emerging Markets Cayman
Islands
26/05/2017 Annual Against 7
6
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
1152702 KYG8020E1199 Semiconductor
Manufacturing
International
Corporation
Emerging Markets Cayman
Islands
23/06/2017 Annual Against 4,6
9,10,11,12,13,14
Issue of equity raises concerns about excessive
dilution of existing shareholders
Performance-related pay/awards for non-executives
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1142470 KYG8087W1015 Shenzhou
International Group
Holdings Ltd.
Emerging Markets Cayman
Islands
26/05/2017 Annual Against 4,5
11
9
Concerns related to Non-audit fees 2-
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
Issue of capital raises concerns about excessive
dilution of existing shareholders
1141793 KYG810431042 Shimao Property
Holdings Ltd.
Emerging Markets Cayman
Islands
19/06/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1141143 KYG811511131 Shui On Land
Limited
Emerging Markets Cayman
Islands
24/05/2017 Annual Against 5D
5A,5C
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Issue of equity raises concerns about excessive
dilution of existing shareholders
1138668 KYG8116M1087 Shenguan Holdings
(Group) Ltd.
Emerging Markets Cayman
Islands
22/05/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1122336 KYG811801045 Shunsin Technology
Holdings Ltd
Emerging Markets Cayman
Islands
22/06/2017 Annual Against 4.7 Concerns related to attendance at board or
committee meetings
1144793 KYG8167W1380 Sino
Biopharmaceutical
Ltd.
Emerging Markets Cayman
Islands
22/06/2017 Annual Against 4
10A,10C
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1143124 KYG818751094 Sinosoft
Technology Group
Limited
Emerging Markets Cayman
Islands
10/06/2017 Annual Against 5
8,10
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
1135130 KYG8187G1055 SITC International
Holdings Co Ltd.
Emerging Markets Cayman
Islands
12/05/2017 Annual Against 6,7
3f
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1142474 KYG826001003 SOHO China Ltd. Emerging Markets Cayman
Islands
26/05/2017 Annual Against 8A,8C Issue of equity raises concerns about excessive
dilution of existing shareholders
1141186 KYG837851081 Springland
International
Holdings Ltd.
Emerging Markets Cayman
Islands
26/05/2017 Annual Against 10,11 Issue of equity raises concerns about excessive
dilution of existing shareholders
1137652 KYG8406X1034 SSY Group Ltd. Emerging Markets Cayman
Islands
24/05/2017 Annual Against 6A,6C Issue of equity raises concerns about excessive
dilution of existing shareholders
1130952 KYG846981028 Stella International
Holdings Ltd.
Emerging Markets Cayman
Islands
19/05/2017 Annual Against 9
4.3
6,8
Apparent failure to link pay and appropriate
performance
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1140385 KYG8569A1067 Sunac China
Holdings Ltd.
Emerging Markets Cayman
Islands
22/05/2017 Annual Against 5A,5C Issue of equity raises concerns about excessive
dilution of existing shareholders
1152301 KYG857001054 SUNeVision
Holdings Ltd
Emerging Markets Cayman
Islands
23/06/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135256 KYG8586D1097 Sunny Optical
Technology Group
Co., Ltd.
Emerging Markets Cayman
Islands
26/05/2017 Annual Against 5,7 Issue of capital raises concerns about excessive
dilution of existing shareholders
1136041 KYG8655K1094 Tianneng Power
International Ltd
Emerging Markets Cayman
Islands
18/05/2017 Annual Against 3b,4
6A,7
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1143110 KYG869731078 TCC International
Holdings Ltd.
Emerging Markets Cayman
Islands
02/06/2017 Annual Against 6,8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1136641 KYG875721634 Tencent Holdings
Ltd.
Emerging Markets Cayman
Islands
17/05/2017 Annual Against 8
3c
5,7
Apparent failure to link pay & appropriate
performance
Concerns related to inappropriate membership of
committees
Issue of capital raises concerns about excessive
dilution of existing shareholders
1143615 KYG875721634 Tencent Holdings
Ltd.
Emerging Markets Cayman
Islands
17/05/2017 Special Against 1 Apparent failure to link pay & appropriate
performance
1121178 KYG876551170 Texhong Textile
Group Ltd.
Emerging Markets Cayman
Islands
13/04/2017 Annual Against 5,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1137456 KYG8807B1068 Theravance
Biopharma, Inc.
Emerging Markets Cayman
Islands
17/05/2017 Annual Against 4
3
1.4
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1144813 KYG8813K1085 The United
Laboratories
International
Holdings Limited
Emerging Markets Cayman
Islands
08/06/2017 Annual Against 2b
4,6
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1125007 KYG884931042 361 Degrees
International Ltd.
Emerging Markets Cayman
Islands
26/04/2017 Annual Against 6,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1143908 KYG8875G1029 3SBio Inc. Emerging Markets Cayman
Islands
30/06/2017 Annual Against 4A,4C Issue of equity raises concerns about excessive
dilution of existing shareholders
1136766 KYG8878S1030 Tingyi (Cayman
Islands) Holding
Corp.
Emerging Markets Cayman
Islands
28/06/2017 Annual Against 7,9 Issue of equity raises concerns about excessive
dilution of existing shareholders
1140586 KYG8917X1218 Tongda Group
Holdings Ltd.
Emerging Markets Cayman
Islands
26/05/2017 Annual Against 5A,5C
2c
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1140658 KYG8918Q1257 Tonly Electronics
Holdings Ltd.
Emerging Markets Cayman
Islands
23/05/2017 Annual Against 7,9 Issue of equity raises concerns about excessive
dilution of existing shareholders
1140113 KYG8972T1067 Towngas China Co.,
Ltd.
Emerging Markets Cayman
Islands
01/06/2017 Annual Against 5,6
2a
2b
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
Overboarded/Too many other time commitments
1115810 KYG898431096 TPK Holding Co.,
Ltd.
Emerging Markets Cayman
Islands
16/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135742 KYG905191022 Trigiant Group
Limited
Emerging Markets Cayman
Islands
15/05/2017 Annual Against 4A,4C
2c
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1149220 KYG905191022 Trigiant Group
Limited
Emerging Markets Cayman
Islands
01/06/2017 Special All For
1138604 KYG910191363 Truly International
Holdings Ltd.
Emerging Markets Cayman
Islands
22/05/2017 Annual Against 4
6B,6C
Concerns related to Non-audit fees
Issue of equity raises concerns about excessive
dilution of existing shareholders
1134130 KYG9222R1065 Uni-President China
Holdings Ltd.
Emerging Markets Cayman
Islands
19/05/2017 Annual Against 6,8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1143048 KYG9222R1065 Uni-President China
Holdings Ltd.
Emerging Markets Cayman
Islands
19/05/2017 Special All For
1141798 KYG9302L1023 Universal Health
International Group
Holding Limited
Emerging Markets Cayman
Islands
16/06/2017 Annual Against 4A,4C Issue of equity raises concerns about excessive
dilution of existing shareholders
1125782 KYG931751005 Value Partners
Group Ltd.
Emerging Markets Cayman
Islands
04/05/2017 Annual Against 5D
5A,5C
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Issue of equity raises concerns about excessive
dilution of existing shareholders
1140925 KYG9327M1015 Vedan
International
(Holdings) Ltd.
Emerging Markets Cayman
Islands
23/05/2017 Annual Against 6,7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1129962 KYG935971054 Victory New
Materials Ltd Co.
Emerging Markets Cayman
Islands
26/06/2017 Annual All For
1148503 KYG9361H1092 Vietnam Enterprise
Investments Ltd.
Emerging Markets Cayman
Islands
06/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1138667 KYG9400C1116 VST Holdings
Limited
Emerging Markets Cayman
Islands
23/05/2017 Annual Against 3a,3c,3d
5A,5C
Concerns about overall board structure
Issue of equity raises concerns about excessive
dilution of existing shareholders
1158273 KYG9400C1116 VST Holdings
Limited
Emerging Markets Cayman
Islands
27/06/2017 Special All For
1131755 KYG9431R1039 Want Want China
Holdings Ltd.
Emerging Markets Cayman
Islands
12/05/2017 Annual Against 3a,3b,3c,3d,3e
6,7
Concerns about overall board structure
Issue of equity raises concerns about excessive
dilution of existing shareholders
1136772 KYG9463P1081 Wasion Group
Holdings Ltd.
Emerging Markets Cayman
Islands
18/05/2017 Annual Against 5,7
11,12
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1138021 KYG960071028 WH Group Ltd. Emerging Markets Cayman
Islands
23/05/2017 Annual Against 7,8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1136139 KYG9684P1019 Pacific Online Ltd. Emerging Markets Cayman
Islands
19/05/2017 Annual Against 11
9,10
3
Apparent failure to link pay and appropriate
performancePerformance-related pay/awards for
non-executives
Issue of equity raises concerns about excessive
dilution of existing shareholders
Vote against combined Chair/CEO
1118015 KYG9721M1033 Wisdom Marine
Lines Company Ltd.
Emerging Markets Cayman
Islands
14/04/2017 Special All For
1141602 KYG9721M1033 Wisdom Marine
Lines Company Ltd.
Emerging Markets Cayman
Islands
23/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1142480 KYG981491007 Wynn Macau Ltd. Emerging Markets Cayman
Islands
01/06/2017 Annual Against 7,8
9
Issue of equity raises concerns about excessive
dilution of existing shareholders
Performance-related pay/awards for non-executives
1126893 KYG982771092 Xtep International
Holdings Ltd.
Emerging Markets Cayman
Islands
08/05/2017 Annual Against 7,9 Issue of equity raises concerns about excessive
dilution of existing shareholders
1140596 KYG9827V1068 Xingda
International
Holdings Ltd
Emerging Markets Cayman
Islands
24/05/2017 Annual Against 5A,5C Issue of equity raises concerns about excessive
dilution of existing shareholders
1144806 KYG9828G1082 Xinyi Glass Holdings
Ltd.
Emerging Markets Cayman
Islands
31/05/2017 Annual Against 5B,5C Issue of equity raises concerns about excessive
dilution of existing shareholders
1140404 KYG9829N1025 Xinyi Solar Holdings
Ltd.
Emerging Markets Cayman
Islands
31/05/2017 Annual Against 3A1,3A2
5B,5C
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1131751 KYG9830W1096 Xinyi Automobile
Glass Hong Kong
Enterprises Limited
Emerging Markets Cayman
Islands
31/05/2017 Annual Against 4B,4C
5
Issue of equity raises concerns about excessive
dilution of existing shareholders
Performance-related pay/awards for non-executives
1145297 KYG9884T1013 Yuzhou Properties
Co. Ltd.
Emerging Markets Cayman
Islands
06/06/2017 Annual Against 6,8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1126585 KYG989221000 Zhen Ding
Technology Holding
Ltd
Emerging Markets Cayman
Islands
20/06/2017 Annual All For
1149034 KYG9894K1085 Zhongsheng Group
Holdings Ltd.
Emerging Markets Cayman
Islands
01/06/2017 Special Against 1 Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1144818 KYG9894K1085 Zhongsheng Group
Holdings Ltd.
Emerging Markets Cayman
Islands
12/06/2017 Annual Against 11,12
5
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
1124493 KZ000A0KEZQ2 KazMunaiGas
Exploration
Production JSC
Emerging Markets Kazakhstan 23/05/2017 Annual Against 13
12.5,12.6,12.7,12.8,12.9
12.1
Apparent failure to link pay & appropriate
performance
Lack of independence on board
Lack of independence on board
1122497 LI0315487269 VP Bank AG Europe Liechtenste
in
28/04/2017 Annual Against 4.1.2 Lack of independent representation at board
committees
1122497 LI0315487269 VP Bank AG Europe Liechtenste
in
28/04/2017 Annual All For
1074357 LI0355147575 Liechtensteinische
Landesbank
Europe Liechtenste
in
12/05/2017 Annual Against 8 Concerns to protect shareholder value
1142551 LK0053N00005 Commercial Bank
of Ceylon Ltd.
Emerging Markets Sri Lanka 19/05/2017 Special All For
1123147 LK0092N00003 John Keells
Holdings PLC
Emerging Markets Sri Lanka 30/06/2017 Annual All For
1132753 LK0348N00009 Dialog Axiata Plc Emerging Markets Sri Lanka 09/05/2017 Annual Against 9,1 Insufficient/poor disclosure
1141499 LR0008862868 Royal Caribbean
Cruises Ltd.
Emerging Markets Liberia 22/05/2017 Annual Against 1b Vote against combined Chair/CEO
1141499 LR0008862868 Royal Caribbean
Cruises Ltd.
Emerging Markets Liberia 22/05/2017 Annual All For
1121964 LU0061462528 RTL Group S.A. Europe Luxembour
g
19/04/2017 Annual Against 5.2,5.3 Lack of independence on board
1124494 LU0061462528 RTL Group S.A. Europe Luxembour
g
19/04/2017 Special All For
1118445 LU0075646355 Subsea 7 S.A. Europe Luxembour
g
12/04/2017 Annual/Special All For
1118863 LU0088087324 SES SA Europe Luxembour
g
06/04/2017 Annual Against 14 Performance-related pay/awards for non-
executivesApparent failure to link pay and
appropriate performanceInsufficient disclosure
1136072 LU0089395866 Genesis Smaller
Companies SICAV
Europe Luxembour
g
19/04/2017 Annual Against 8 Concerns to protect shareholder value
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1136462 LU0156801721 TENARIS SA Europe Luxembour
g
03/05/2017 Annual Against 6 Lack of independence on boardCombined
CEO/Chairman
1116055 LU0156801721 TENARIS SA Europe Luxembour
g
03/05/2017 Annual Against 6 Policy Rationale:Concerns about overall board
structureCombined CEO/ChairmanInappropriate
bundling of election of directors on a single vote
1138351 LU0275164910 PEGAS
NONWOVENS SA
Europe Luxembour
g
15/06/2017 Annual Against 9 Apparent failure to link pay and appropriate
performance
1124491 LU0290697514 D'Amico
International
Shipping S.A.
Europe Luxembour
g
19/04/2017 Annual All For
1129272 LU0307018795 Saf-Holland S.A. Europe Luxembour
g
27/04/2017 Annual All For
1129274 LU0307018795 Saf-Holland S.A. Europe Luxembour
g
27/04/2017 Special Against 4 Insufficient basis to support a decision
1135574 LU0445408270 Altisource Portfolio
Solutions S.A.
Europe Luxembour
g
17/05/2017 Annual Against 1b
8
Concerns related to approach to board diversity
Concerns to protect shareholder value
1136031 LU0445408270 Altisource Portfolio
Solutions S.A.
Europe Luxembour
g
17/05/2017 Special Against 1 Issue of equity raises concerns about excessive
dilution of existing shareholders
1137982 LU0562313402 Schroder ISF -
Frontier Markets
Equity
Europe Luxembour
g
30/05/2017 Annual All For
1135236 LU0569974404 APERAM S.A. Europe Luxembour
g
10/05/2017 Annual/Special All For
1136633 LU0633102719 Samsonite
International S.A.
Europe Luxembour
g
01/06/2017 Annual All For
1130355 LU0686550053 BBGI Sicav S.A. Europe Luxembour
g
28/04/2017 Annual Against 12
7
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitmentsv
1130365 LU0686550053 BBGI Sicav S.A. Europe Luxembour
g
28/04/2017 Special All For
1153857 LU0775917882 Grand City
Properties SA
Europe Luxembour
g
28/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135284 LU0974299876 Globant S.A. Europe Luxembour
g
08/05/2017 Annual/Special Against 7
1
Apparent failure to link pay and appropriate
performanceInsufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
1137961 LU1012218142 Schroder ISF -
Global Emerging
Markets Smaller
Companies
Europe Luxembour
g
30/05/2017 Annual All For
1146379 LU1057788488 Trinseo S.A. Europe Luxembour
g
21/06/2017 Annual Against 4
1c
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1131738 LU1250154413 ADO Properties S.A. Europe Luxembour
g
02/05/2017 Annual All For
1131735 LU1250154413 ADO Properties S.A. Europe Luxembour
g
02/05/2017 Special Against 3 Issue of equity raises concerns about excessive
dilution of existing shareholders
1116308 LU1598757687 ArcelorMittal Europe Luxembour
g
10/05/2017 Annual/Special Against X
VI
Apparent failure to link pay & appropriate
performance
Combined CEO/Chairman
1138985 LU1598757687 ArcelorMittal Europe Luxembour
g
10/05/2017 Annual/Special Against X
VI
Apparent failure to link pay & appropriate
performance
ndependent Chairman
1142517 MA0000011926 Attijariwafa Bank Emerging Markets Morocco 24/05/2017 Annual Against 2 Insufficient/poor disclosure
1139578 MHY0207T1001 Ardmore Shipping
Corporation
Emerging Markets Marshall Isl 23/05/2017 Annual All For
1121232 MHY2066G1044 Diana Shipping Inc. Emerging Markets Marshall Isl 11/05/2017 Annual Against 1.1
1.2
Concerns about overall board structure
Concerns about overall board structure
1142651 MHY7542C1066 Scorpio Tankers Inc. Emerging Markets Marshall Isl 31/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1143193 MHY7546A1221 Scorpio Bulkers Inc. Emerging Markets Marshall Isl 31/05/2017 Annual Against 1.1 Vote against combined Chair/CEO
1124181 MHY756381098 Seaspan
Corporation
Emerging Markets Marshall Isl 21/04/2017 Annual Against 1.1,1.2,1.4,1.5,1.7 Lack of independence on board
1132855 MU0117U00026 Golden Agri-
Resources Ltd
Emerging Markets Mauritius 25/04/2017 Annual Against 6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1131429 MU0117U00026 Golden Agri-
Resources Ltd
Emerging Markets Mauritius 25/04/2017 Special All For
1140304 MX00UN000002 Unifin Financiera
S.A.B. de C.V.
SOFOM E.N.R.
Emerging Markets Mexico 04/05/2017 Special Against 1 Insufficient/poor disclosure
1123721 MX01AC100006 Arca Continental
S.A.B. de C.V.
Emerging Markets Mexico 27/04/2017 Annual Against 4,5 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1140305 MX01AE010005 Grupo Aeromexico
S.A.B. de C.V.
Emerging Markets Mexico 26/04/2017 Annual Against 1
2
Concerns to protect shareholder value
Insufficient/poor disclosure
1122098 MX01BA1D0003 Industrias Bachoco
S.A.B. de C.V.
Emerging Markets Mexico 26/04/2017 Annual Against 5 Lack of independence on board
1138059 MX01BM1B0000 Bolsa Mexicana de
Valores S.A.B de
C.V.
Emerging Markets Mexico 27/04/2017 Annual Against 4 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1138054 MX01BM1B0000 Bolsa Mexicana de
Valores S.A.B de
C.V.
Emerging Markets Mexico 27/04/2017 Special Against 2
1
Insufficient basis to support a decision
Insufficient/poor disclosure
1124719 MX01CH170002 Grupo Comercial
Chedraui S.A.B. de
C.V.
Emerging Markets Mexico 03/04/2017 Annual Against 4
7
Concerns about overall performance
Insufficient/poor disclosure
1138183 MX01CU010003 Becle, S.A.B. de C.V. Emerging Markets Mexico 27/04/2017 Annual Against 1,5,9
6,7
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1118675 MX01GA000004 Grupo
Aeroportuario del
Pacifico S.A.B. de
C.V.
Emerging Markets Mexico 25/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1120812 MX01GA000004 Grupo
Aeroportuario del
Pacifico S.A.B. de
C.V.
Emerging Markets Mexico 25/04/2017 Annual/Special All For
1118676 MX01GA000004 Grupo
Aeroportuario del
Pacifico S.A.B. de
C.V.
Emerging Markets Mexico 25/04/2017 Special All For
1129725 MX01GE0E0004 GENTERA S.A.B. de
C.V.
Emerging Markets Mexico 20/04/2017 Annual All For
1129728 MX01GE0E0004 GENTERA S.A.B. de
C.V.
Emerging Markets Mexico 20/04/2017 Special All For
1135564 MX01GF0X0008 BanRegio Grupo
Financiero S.A.B. de
C.V.
Emerging Markets Mexico 28/04/2017 Annual All For
1137297 MX01HO000007 Desarrolladora
Homex S.A.B. de
C.V.
Emerging Markets Mexico 28/04/2017 Annual Against 1,5
8,9
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single voteConcerns to
protect shareholder value
1137210 MX01IE060002 Infraestructura
Energetica Nova
S.A.B. de C.V.
Emerging Markets Mexico 28/04/2017 Annual Against 4
2
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1137320 MX01LA010006 Genomma Lab
Internacional S.A.B.
de C.V.
Emerging Markets Mexico 27/04/2017 Annual All For
1137321 MX01LA010006 Genomma Lab
Internacional S.A.B.
de C.V.
Emerging Markets Mexico 27/04/2017 Special Against 2,3 Insufficient/poor disclosure
1138115 MX01LA040003 Grupo Lala S.A.B.
de C.V.
Emerging Markets Mexico 28/04/2017 Annual Against 3 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1124211 MX01LA050010 La Comer S.A.B. De
C.V.
Emerging Markets Mexico 05/04/2017 Annual Against 3 Insufficient/poor disclosure
1126480 MX01ME050007 Mexichem S.A.B. de
C.V.
Emerging Markets Mexico 25/04/2017 Annual Against 4.3a Lack of independence on board
1125953 MX01OH010006 OHL Mexico S.A.B.
de C.V.
Emerging Markets Mexico 06/04/2017 Annual Against 5 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1126491 MX01OM000018 Grupo
Aeroportuario del
Centro Norte S.A.B.
de C.V.
Emerging Markets Mexico 28/04/2017 Annual All For
1128042 MX01OM000018 Grupo
Aeroportuario del
Centro Norte S.A.B.
de C.V.
Emerging Markets Mexico 28/04/2017 Annual/Special All For
1126492 MX01OM000018 Grupo
Aeroportuario del
Centro Norte S.A.B.
de C.V.
Emerging Markets Mexico 31/05/2017 Special All For
1148925 MX01OM000018 Grupo
Aeroportuario del
Centro Norte S.A.B.
de C.V.
Emerging Markets Mexico 31/05/2017 Special All For
1133600 MX01PI000005 Promotora y
Operadora de
Infraestructura
S.A.B. de C.V.
Emerging Markets Mexico 27/04/2017 Annual Against 3
5
Concerns to protect shareholder value
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1136489 MX01SI080038 Telesites S.A.B. de
C.V.
Emerging Markets Mexico 26/04/2017 Annual Against 4,6 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1134877 MXCFFI0T0005 Deutsche Bank
Mexico - Fibra
Hotelera
Emerging Markets Mexico 26/04/2017 Annual Against 6
7
Insufficient basis to support a decision
Insufficient/poor disclosure
1135472 MXCFFI0U0002 FIBRA Macquarie
Mexico
Emerging Markets Mexico 24/04/2017 Annual All For
1135528 MXCFFI0U0002 FIBRA Macquarie
Mexico
Emerging Markets Mexico 25/05/2017 Special All For
1137200 MXCFFU000001 Fibra Uno
Administracion de
Mexico S.A. de C.V.
Emerging Markets Mexico 27/04/2017 Annual Against 3 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1133495 MXCFTE0B0005 TF Administradora
S. de R.L. de C.V.
(TERRAFINA)
Emerging Markets Mexico 19/04/2017 Annual All For
1133497 MXCFTE0B0005 TF Administradora
S. de R.L. de C.V.
(TERRAFINA)
Emerging Markets Mexico 09/05/2017 Special All For
1139991 MXFHFH020001 FHipo Emerging Markets Mexico 28/04/2017 Annual All For
1132042 MXP001161019 Consorcio Ara
S.A.B. de C.V.
Emerging Markets Mexico 26/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1130486 MXP001391012 Alsea S.A.B. de C.V. Emerging Markets Mexico 27/04/2017 Annual All For
1122446 MXP001661018 Grupo
Aeroportuario del
Sureste S.A.B. de
C.V.
Emerging Markets Mexico 26/04/2017 Annual All For
1123906 MXP001661018 Grupo
Aeroportuario del
Sureste S.A.B. de
C.V.
Emerging Markets Mexico 26/04/2017 Annual All For
1124219 MXP001691213 America Movil
S.A.B. de C.V.
Emerging Markets Mexico 05/04/2017 Special All For
1126627 MXP001691213 America Movil
S.A.B. de C.V.
Emerging Markets Mexico 05/04/2017 Special All For
1129606 MXP370641013 Grupo Financiero
Inbursa S.A.B. de
C.V.
Emerging Markets Mexico 28/04/2017 Annual Against 4
3
10
5,7
Concerns to protect shareholder value
Concerns to protect shareholder value
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1136327 MXP370661011 Grupo Financiero
Interacciones S.A.B.
de C.V.
Emerging Markets Mexico 28/04/2017 Annual Against 4,5,6 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1127990 MXP370711014 Grupo Financiero
Banorte S.A.B. de
C.V.
Emerging Markets Mexico 28/04/2017 Annual All For
1153293 MXP370711014 Grupo Financiero
Banorte S.A.B. de
C.V.
Emerging Markets Mexico 20/06/2017 Special All For
1136335 MXP370841019 Grupo Mexico
S.A.B. de C.V.
Emerging Markets Mexico 26/04/2017 Annual Against 6,7 Insufficient/poor disclosure
1134886 MXP4948K1056 Gruma S.A.B. de
C.V.
Emerging Markets Mexico 28/04/2017 Annual Against 5,6 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1132032 MXP495211262 Grupo Bimbo S.A.B
de C.V.
Emerging Markets Mexico 18/04/2017 Annual Against 5,6 Vote confirmed; record-kept with last accepted vote
string
1132032 MXP495211262 Grupo Bimbo S.A.B
de C.V.
Emerging Markets Mexico 18/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1129731 MXP4984U1083 Grupo Simec S.A.B.
de C.V.
Emerging Markets Mexico 28/04/2017 Annual Against 7 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1137313 MXP4987V1378 Grupo Televisa
S.A.B.
Emerging Markets Mexico 28/04/2017 Annual/Special Against 3 Concerns to protect shareholder value
1136325 MXP524131127 Industrias CH S.A.B.
de C.V.
Emerging Markets Mexico 28/04/2017 Annual Against 3 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1132757 MXP554091415 Industrias Penoles
S.A.B de C.V.
Emerging Markets Mexico 25/04/2017 Annual Against 4,5 Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1134810 MXP690491412 Grupo Financiero
Santander Mexico
S.A.B. de C.V.
Emerging Markets Mexico 28/04/2017 Annual/Special Against 10,12,13
9
Insufficient/poor disclosure
Insufficient/poor disclosure
1134734 MXP690491412 Grupo Financiero
Santander Mexico
S.A.B. de C.V.
Emerging Markets Mexico 28/04/2017 Special Against 2
1
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1144019 MXP690491412 Grupo Financiero
Santander Mexico
S.A.B. de C.V.
Emerging Markets Mexico 12/05/2017 Annual/Special Against 2,12,13
1,9,10
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1134804 MXP8728U1671 Organizacion
Soriana S.A.B. de
C.V.
Emerging Markets Mexico 28/04/2017 Annual Against 3 Lack of independence on board
1130963 MYL1023OO000 CIMB Group
Holdings Berhad
Emerging Markets Malaysia 28/04/2017 Annual All For
1128651 MYL1066OO009 RHB Bank Bhd. Emerging Markets Malaysia 26/04/2017 Annual All For
1122972 MYL1155OO000 Malayan Banking
Berhad
Emerging Markets Malaysia 06/04/2017 Annual All For
1123455 MYL1155OO000 Malayan Banking
Berhad
Emerging Markets Malaysia 06/04/2017 Special Against 1,2 Insufficient/poor disclosureIssue of equity raises
concerns about excessive dilution of existing
shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1141824 MYL1163OO004 Allianz Malaysia
Berhad
Emerging Markets Malaysia 24/05/2017 Annual Against 8 Insufficient justification for related party transaction
1140629 MYL1171OO007 Malaysia Building
Society Berhad
Emerging Markets Malaysia 12/05/2017 Annual All For
1139434 MYL2194OO008 MMC Corporation
Berhad
Emerging Markets Malaysia 11/05/2017 Annual All For
1143837 MYL2194OO008 MMC Corporation
Berhad
Emerging Markets Malaysia 11/05/2017 Special All For
1132289 MYL2291OO002 Genting Plantations
Berhad
Emerging Markets Malaysia 30/05/2017 Annual Against 9 Apparent failure to link pay and appropriate
performance
1124506 MYL2836OO004 Carlsberg Brewery
Malaysia Berhad
Emerging Markets Malaysia 20/04/2017 Annual Against 8,12 Concerns related to succession planning
1144539 MYL3034OO005 Hap Seng
Consolidated
Berhad
Emerging Markets Malaysia 31/05/2017 Annual Against 3a,3b,7 Concerns related to succession planning
1150933 MYL3034OO005 Hap Seng
Consolidated
Berhad
Emerging Markets Malaysia 31/05/2017 Special All For
1144489 MYL3042OO008 Petron Malaysia
Refining &
Marketing Bhd
Emerging Markets Malaysia 15/06/2017 Annual Against 8 Insufficient/poor disclosure
1133667 MYL3182OO002 Genting Berhad Emerging Markets Malaysia 01/06/2017 Annual Against 3 Concerns to protect shareholder valueApparent
failure to link pay and appropriate performance
1154961 MYL3204OO004 George Kent
(Malaysia) Berhad
Emerging Markets Malaysia 22/06/2017 Annual Against 2,8 Concerns related to attendance at board or
committee meetings
1125735 MYL3255OO006 Heineken Malaysia
Bhd
Emerging Markets Malaysia 13/04/2017 Annual All For
1125771 MYL3255OO006 Heineken Malaysia
Bhd
Emerging Markets Malaysia 13/04/2017 Annual All For
1131731 MYL3522OO009 Kian Joo Can
Factory Berhad
Emerging Markets Malaysia 25/04/2017 Annual All For
1141842 MYL3794OO004 Lafarge Malaysia
Berhad
Emerging Markets Malaysia 23/05/2017 Annual Against 10,11 Concerns related to succession planning
1129474 MYL3816OO005 MISC Berhad Emerging Markets Malaysia 20/04/2017 Annual All For
1139853 MYL4065OO008 PPB Group Berhad Emerging Markets Malaysia 09/05/2017 Annual All For
1127464 MYL4162OO003 British American
Tobacco (Malaysia)
Berhad
Emerging Markets Malaysia 18/04/2017 Annual Against 6,9 Concerns related to succession planning
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1143768 MYL4243OO001 WTK Holdings
Berhad
Emerging Markets Malaysia 26/05/2017 Annual Against 6,9,10 Concerns related to succession planning
1132544 MYL4502OO000 Media Prima
Berhad
Emerging Markets Malaysia 27/04/2017 Annual All For
1137085 MYL4588OO009 UMW Holdings
Berhad
Emerging Markets Malaysia 04/05/2017 Special All For
1144666 MYL4588OO009 UMW Holdings
Berhad
Emerging Markets Malaysia 25/05/2017 Annual All For
1129471 MYL4707OO005 Nestle (Malaysia)
Berhad
Emerging Markets Malaysia 27/04/2017 Annual All For
1132973 MYL4715OO008 Genting Malaysia
Berhad
Emerging Markets Malaysia 31/05/2017 Annual All For
1132973 MYL4715OO008 Genting Malaysia
Berhad
Emerging Markets Malaysia 31/05/2017 Annual Against 3,4 Concerns related to succession planning
1132523 MYL4863OO006 Telekom Malaysia
Berhad
Emerging Markets Malaysia 26/04/2017 Annual All For
1144842 MYL4898OO002 TA Enterprise
Berhad
Emerging Markets Malaysia 24/05/2017 Annual Against 8,9,11
10
Concerns related to succession planning
Lack of independence on board
1131726 MYL5005OO003 Unisem (M) Berhad Emerging Markets Malaysia 26/04/2017 Annual All For
1144602 MYL5012OO009 Ta Ann Holdings
Berhad
Emerging Markets Malaysia 23/05/2017 Annual Against 2,7 Concerns related to succession planning
1144728 MYL5014OO005 Malaysia Airports
Holdings Berhad
Emerging Markets Malaysia 25/05/2017 Annual All For
1143101 MYL5031OO009 TIME dotCom
Berhad
Emerging Markets Malaysia 18/05/2017 Annual All For
1145344 MYL5038OO004 KSL Holdings Berhad Emerging Markets Malaysia 30/05/2017 Annual Against 2,5,8,9,10 Concerns related to succession planning
1126260 MYL5053OO003 OSK Holdings
Berhad
Emerging Markets Malaysia 19/04/2017 Annual All For
1144655 MYL5070OO007 Protasco Berhad Emerging Markets Malaysia 25/05/2017 Annual All For
1145392 MYL5073OO001 Naim Holdings
Berhad
Emerging Markets Malaysia 29/05/2017 Annual Against 6
2,5,7,8
Concerns related to Non-audit fees
Concerns related to succession planning
1144756 MYL5094OO007 CSC Steel Holdings
Berhad
Emerging Markets Malaysia 25/05/2017 Annual Against 3,6 Lack of independence on board
1144670 MYL5095OO004 HeveaBoard Berhad Emerging Markets Malaysia 30/05/2017 Annual Against 5,7,10,11 Concerns related to succession planning
1144660 MYL5099OO006 AirAsia Berhad Emerging Markets Malaysia 25/05/2017 Annual Against 8 Concerns related to succession planning
1143085 MYL5101OO000 Evergreen
Fibreboard Berhad
Emerging Markets Malaysia 19/05/2017 Annual Against 9 Concerns related to succession planning
1116941 MYL5106TO008 Axis Real Estate
Investment Trust
Emerging Markets Malaysia 26/04/2017 Annual All For
1128277 MYL5183OO008 Petronas Chemicals
Group Berhad
Emerging Markets Malaysia 26/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1144674 MYL5200OO000 UOA Development
Bhd
Emerging Markets Malaysia 22/05/2017 Annual All For
1147929 MYL5200OO000 UOA Development
Bhd
Emerging Markets Malaysia 22/05/2017 Special Against 1,2,3 Insufficient justification for related party transaction
1144754 MYL5211OO007 Sunway Berhad Emerging Markets Malaysia 14/06/2017 Annual All For
1143309 MYL5222OO004 Felda Global
Ventures Holdings
Berhad
Emerging Markets Malaysia 25/05/2017 Annual Against 3 Concerns related to attendance at board or
committee meetings
1144609 MYL5225OO007 IHH Healthcare
Berhad
Emerging Markets Malaysia 22/05/2017 Annual Against 2
12,13,14
Concerns related to attendance at board or
committee meetings
Insufficient/poor disclosure
1144743 MYL5230OO007 Tune Protect Group
Berhad
Emerging Markets Malaysia 22/05/2017 Annual Against 8 Apparent failure to link pay and appropriate
performance
1116947 MYL5235SS008 KLCC Property
Holdings BHD
Emerging Markets Malaysia 06/04/2017 Annual Against 7,8 Concerns related to succession planning
1131727 MYL5246OO003 Westports Holdings
Berhad
Emerging Markets Malaysia 25/04/2017 Annual All For
1144779 MYL5250OO005 7-Eleven Malaysia
Holdings Berhad
Emerging Markets Malaysia 24/05/2017 Annual All For
1144664 MYL5255OO004 Icon Offshore
Berhad
Emerging Markets Malaysia 24/05/2017 Annual All For
1143075 MYL5258OO008 BIMB Holdings
Berhad
Emerging Markets Malaysia 17/05/2017 Annual All For
1144955 MYL5263OO008 Sunway
Construction Group
Bhd
Emerging Markets Malaysia 15/06/2017 Annual All For
1144827 MYL5401OO004 Tropicana
Corporation Berhad
Emerging Markets Malaysia 30/05/2017 Annual All For
1125108 MYL5681OO001 PETRONAS
Dagangan Berhad
Emerging Markets Malaysia 19/04/2017 Annual All For
1144851 MYL5703OO003 Muhibbah
Engineering (M) Bhd
Emerging Markets Malaysia 22/06/2017 Annual Against 6,7 Concerns related to succession planning
1157441 MYL5703OO003 Muhibbah
Engineering (M) Bhd
Emerging Markets Malaysia 22/06/2017 Special Against 1,2,3,4,5,6,7 Issue of equity raises concerns about excessive
dilution of existing shareholdersApparent failure to
link pay and appropriate performance
1127638 MYL6012OO008 Maxis Berhad Emerging Markets Malaysia 26/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1124515 MYL6033OO004 Petronas Gas
Berhad
Emerging Markets Malaysia 17/04/2017 Annual All For
1152296 MYL6181OO001 Malton Berhad Emerging Markets Malaysia 07/06/2017 Special All For
1150914 MYL6399OO009 Astro Malaysia
Holdings Berhad
Emerging Markets Malaysia 15/06/2017 Annual All For
1144042 MYL6556OO004 Ann Joo Resources
Berhad
Emerging Markets Malaysia 25/05/2017 Annual All For
1143826 MYL6888OO001 Axiata Group
Berhad
Emerging Markets Malaysia 26/05/2017 Annual All For
1135377 MYL6947OO005 DiGi.Com Berhad Emerging Markets Malaysia 09/05/2017 Annual All For
1122978 MYL7081OO002 Pharmaniaga
Berhad
Emerging Markets Malaysia 06/04/2017 Annual All For
1141198 MYL7153OO009 Kossan Rubber
Industries Bhd
Emerging Markets Malaysia 23/05/2017 Annual All For
1144857 MYL8583OO006 Mah Sing Group
Berhad
Emerging Markets Malaysia 15/06/2017 Annual Against 4,7,8,9,10 Concerns related to succession planning
1129550 NGFCMB000005 FCMB Group Plc Emerging Markets Nigeria 28/04/2017 Annual Against 6 Insufficient/poor disclosure
1124001 NGGUARANTY06 Guaranty Trust
Bank Plc
Emerging Markets Nigeria 07/04/2017 Annual Against 5 Insufficient/poor disclosure
1122055 NGGUARANTY06 Guaranty Trust
Bank Plc
Emerging Markets Nigeria 07/04/2017 Annual Against 5 Insufficient/poor disclosure
1115008 NGNB00000005 Nigerian Breweries
Plc
Emerging Markets Nigeria 03/05/2017 Annual Against 5 Insufficient disclosure
1118531 NGNESTLE0006 Nestle Nigeria Plc Emerging Markets Nigeria 23/05/2017 Annual Against 3,5,7 Insufficient/poor disclosure
1097529 NL0000008977 Heineken Holding
NV
Europe Netherland
s
20/04/2017 Annual Against 8.b
8.a
Concerns about overall board structure
Concerns about overall board structure
1108432 NL0000009082 Koninklijke KPN NV Europe Netherland
s
12/04/2017 Annual All For
1108218 NL0000009132 Akzo Nobel NV Europe Netherland
s
25/04/2017 Annual All For
1097407 NL0000009165 Heineken NV Europe Netherland
s
20/04/2017 Annual All For
1112877 NL0000009355 Unilever NV Europe Netherland
s
26/04/2017 Annual All For
1128952 NL0000009355 Unilever NV Europe Netherland
s
26/04/2017 Annual All For
1100083 NL0000009538 Koninklijke Philips
NV
Europe Netherland
s
11/05/2017 Annual All For 3a,3b
1099750 NL0000009827 Koninklijke DSM NV Europe Netherland
s
03/05/2017 Annual All For
1122379 NL0000200384 Core Laboratories
N.V.
Europe Netherland
s
18/05/2017 Annual Against 4
2
Apparent failure to link pay & appropriate
performance
Insufficient basis to support a decision
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1122379 NL0000200384 Core Laboratories
N.V.
Europe Netherland
s
18/05/2017 Annual Against 4
2
1a
Apparent failure to link pay & appropriate
performance
Insufficient basis to support a decision
Vote against combined Chair/CEO
1148461 NL0000226223 STMicroelectronics
NV
Europe Netherland
s
20/06/2017 Annual Against 7,13
15
Apparent failure to link pay & appropriate
performance Insufficient/poor disclosure
Concerns to protect shareholder value
1144715 NL0000226223 STMicroelectronics
NV
Europe Netherland
s
20/06/2017 Annual Against 7,13
15
Apparent failure to link pay & appropriate
performance Insufficient/poor disclosure
Concerns to protect shareholder value
1111556 NL0000235190 Airbus SE Europe Netherland
s
12/04/2017 Annual All For
1100067 NL0000288918 Vastned Retail NV Europe Netherland
s
20/04/2017 Annual All For
1100071 NL0000289213 Wereldhave NV Europe Netherland
s
21/04/2017 Annual All For
1099754 NL0000302636 Van Lanschot NV Europe Netherland
s
18/05/2017 Annual All For
1135554 NL0000303709 Aegon NV Europe Netherland
s
19/05/2017 Annual All For
1103393 NL0000303709 Aegon NV Europe Netherland
s
19/05/2017 Annual All For
1108680 NL0000334118 ASM International
NV
Europe Netherland
s
22/05/2017 Annual All For
1112241 NL0000335578 BinckBank NV Europe Netherland
s
24/04/2017 Annual All For
1100062 NL0000337319 Koninklijke Bam
Groep NV
Europe Netherland
s
19/04/2017 Annual All For
1116523 NL0000339760 BE Semiconductor
Industries NV
Europe Netherland
s
01/05/2017 Annual All For
1100078 NL0000352565 Fugro NV Europe Netherland
s
02/05/2017 Annual All For
1078627 NL0000360618 SBM Offshore NV Europe Netherland
s
13/04/2017 Annual All For
1100064 NL0000362648 KAS Bank NV Europe Netherland
s
26/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1108438 NL0000387058 TOMTOM NV Europe Netherland
s
24/04/2017 Annual Against 11 Apparent failure to link pay & appropriate
performance
1108433 NL0000395317 Wessanen NV Europe Netherland
s
12/04/2017 Annual All For
1100068 NL0000395903 Wolters Kluwer NV Europe Netherland
s
20/04/2017 Annual All For
1124182 NL0000400653 Gemalto Europe Netherland
s
18/05/2017 Annual All For
1100075 NL0000440584 Ordina NV Europe Netherland
s
02/05/2017 Annual All For
1126127 NL0000687663 AerCap Holdings NV Europe Netherland
s
05/05/2017 Annual All For
1099752 NL0000852523 TKH Group NV Europe Netherland
s
03/05/2017 Annual All For
1108431 NL0000852531 Kendrion NV Europe Netherland
s
10/04/2017 Annual All For
1100058 NL0000852564 Aalberts Industries Europe Netherland
s
18/04/2017 Annual All For
1100081 NL0000852580 Koninklijke Boskalis
Westminster NV
Europe Netherland
s
10/05/2017 Annual All For
1108659 NL0000888691 AMG Advanced
Metallurgical
Group NV
Europe Netherland
s
04/05/2017 Annual All For
1114926 NL0006144495 RELX NV Europe Netherland
s
19/04/2017 Annual All For
1114041 NL0006237562 ARCADIS NV Europe Netherland
s
26/04/2017 Annual All For
1136047 NL0006294274 Euronext NV Europe Netherland
s
19/05/2017 Annual All For
1111859 NL0009324904 Sensata
Technologies
Holding N.V.
Europe Netherland
s
18/05/2017 Annual All For
1114676 NL0009432491 Koninklijke Vopak
NV
Europe Netherland
s
19/04/2017 Annual All For
1129308 NL0009434992 LyondellBasell
Industries N.V.
Europe Netherland
s
24/05/2017 Annual All For
1148335 NL0009538784 NXP
Semiconductors NV
Europe Netherland
s
01/06/2017 Annual All For
1123453 NL0009604859 Fortuna
entertainment
Group NV
Europe Netherland
s
26/04/2017 Special Against 3 Insufficient justification for related party transaction
2- Insufficient/poor disclosure
1145885 NL0009604859 Fortuna
entertainment
Group NV
Europe Netherland
s
12/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1157433 NL0009693779 InterXion Holding
NV
Europe Netherland
s
30/06/2017 Annual Against 5.a Apparent failure to link pay & appropriate
performance
1100060 NL0009739416 PostNL NV Europe Netherland
s
18/04/2017 Annual All For
1108441 NL0009767532 Accell Group Europe Netherland
s
25/04/2017 Annual All For
1149866 NL0009805522 Yandex NV Europe Netherland
s
25/05/2017 Annual Against 8,9,10 Issue of equity raises concerns about excessive
dilution of existing shareholders
1108444 NL0010273215 ASML Holding NV Europe Netherland
s
26/04/2017 Annual All For 9
1116016 NL0010273215 ASML Holding NV Europe Netherland
s
26/04/2017 Annual All For
1123038 NL0010315453 Fyber N.V. Europe Netherland
s
11/04/2017 Special Against 4.c
4.b
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
1147825 NL0010489522 Constellium NV Europe Netherland
s
15/06/2017 Annual All For
1118133 NL0010545661 CNH Industrial N.V. Europe Netherland
s
14/04/2017 Annual Against 3.a Executive Chairman Overboarded/Too many other
time commitments
1147291 NL0010558797 OCI NV Europe Netherland
s
08/06/2017 Annual All For
1100085 NL0010583399 Corbion NV Europe Netherland
s
15/05/2017 Annual All For
1086977 NL0010773842 NN GROUP NV Europe Netherland
s
01/06/2017 Annual All For
1100086 NL0010776944 Brunel
International NV
Europe Netherland
s
11/05/2017 Annual All For
1108654 NL0010801007 IMCD NV Europe Netherland
s
10/05/2017 Annual All For
1150593 NL0010831061 Mobileye N.V. Europe Netherland
s
13/06/2017 Annual All For
1152706 NL0010872420 Affimed NV Europe Netherland
s
20/06/2017 Annual Against 11,12 Concerns to protect shareholder value
1111624 NL0010877643 Fiat Chrysler
Automobiles NV
Europe Netherland
s
14/04/2017 Annual Against 3.a Executive Chairman
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1147087 NL0011031208 Mylan N.V. Europe Netherland
s
22/06/2017 Annual Against 5
1B,1C,1D,1E,1F,1H,1I
1J
Apparent failure to link pay & appropriate
performance
Concerns about overall performance
Concerns about overall performance
1147087 NL0011031208 Mylan N.V. Europe Netherland
s
22/06/2017 Annual Against 5
1B,1C,1D,1E,1F,1H,1I
1J
1A,1G
Apparent failure to link pay & appropriate
performance
Concerns about overall performance
Concerns about overall performance
Fund manager or client vote General governance
concerns
1108664 NL0011214010 Refresco Group NV Europe Netherland
s
09/05/2017 Annual All For
1108682 NL0011279492 Flow Traders NV Europe Netherland
s
24/05/2017 Annual All For
1144362 NL0011327523 Wright Medical
Group N.V.
Europe Netherland
s
23/06/2017 Annual Against 8 Apparent failure to link pay and appropriate
performance
1152769 NL0011333752 Altice NV Europe Netherland
s
28/06/2017 Annual Against 8.a,8.b,8.c,8.d,8.e,8.f Apparent failure to link pay & appropriate
performance
1148903 NL0011540547 ABN AMRO Group
N.V.
Europe Netherland
s
16/05/2017 Annual Against 5.b Concerns about reducing shareholder rights
1108683 NL0011540547 ABN AMRO Group
N.V.
Europe Netherland
s
30/05/2017 Annual All For
1111489 NL0011585146 Ferrari NV Europe Netherland
s
14/04/2017 Annual Against 6
3.a
3.b,3.e
3.d
Apparent failure to link pay & appropriate
performance
Combined CEO/Chairman 2- Overboarded/Too
many other time commitments
Lack of independent representation at board
committees
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1088055 NL0011794037 Koninklijke Ahold
Delhaize NV
Europe Netherland
s
12/04/2017 Annual All For
1108660 NL0011821202 ING Groep NV Europe Netherland
s
08/05/2017 Annual All For
1109956 NL0011821392 Philips Lighting NV Europe Netherland
s
09/05/2017 Annual All For 9.b
1108684 NL0011872643 ASR Nederland NV Europe Netherland
s
31/05/2017 Annual All For
1128631 NL0011872650 Basic Fit NV Europe Netherland
s
16/05/2017 Annual Against 4.a Lack of independent representation at board
committees
1149547 NL0012047823 Avantium N.V. Europe Netherland
s
14/06/2017 Annual All For
1142558 NL0012059018 Exor N.V. Europe Netherland
s
30/05/2017 Annual Against 3b
5
6b
Apparent failure to link pay & appropriate
performance
Combined CEO/Chair
Overboarded/Too many other time commitments
1135331 NL0012169213 Qiagen NV Europe Netherland
s
21/06/2017 Annual All For
1114927 NL0012365084 NSI NV Europe Netherland
s
21/04/2017 Annual All For
1147823 NL0012365084 NSI NV Europe Netherland
s
16/06/2017 Special All For
1110877 NO0003028904 Schibsted ASA Europe Norway 12/05/2017 Annual Against 9b
7
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1110989 NO0003053605 Storebrand ASA Europe Norway 05/04/2017 Annual All For
1110577 NO0003054108 Marine Harvest ASA Europe Norway 01/06/2017 Annual Against 7
11b,11c
11a
Apparent failure to link pay & appropriate
performance
Lack of independence on board
Lack of independence on board
1110577 NO0003054108 Marine Harvest ASA Europe Norway 01/06/2017 Annual Against 11b,11c Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1113117 NO0003055501 Nordic
Semiconductor ASA
Europe Norway 24/04/2017 Annual Against 10
8
Apparent failure to link pay & appropriate
performance
Lack of independence on board
1110984 NO0003078800 TGS Nopec
Geophysical Co. ASA
Europe Norway 09/05/2017 Annual Against 12
14b
Apparent failure to link pay & appropriate
performance
Issue of capital raises concerns about excessive
dilution of existing shareholders
1110999 NO0003096208 Leroy Seafood
Group Asa
Europe Norway 23/05/2017 Annual Against 4
8a,8b,8c,8d
Apparent failure to link pay and appropriate
performance
Lack of independence on boardInsufficient/poor
disclosure
1110839 NO0003733800 Orkla ASA Europe Norway 20/04/2017 Annual Against 3c
6g
6f
Insufficient basis to support a decision
Lack of independence on board
Lack of independence on board
1111963 NO0003921009 DNO ASA Europe Norway 01/06/2017 Annual Against 6
5
12
10
11
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committeesInappropriate bundling of election of
directors on a single vote
Concerns to protect shareholder value
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1111970 NO0004822503 Atea ASA Europe Norway 27/04/2017 Annual Against 10.1,10.2,12 Apparent failure to link pay and appropriate
performance
1110580 NO0005052605 Norsk Hydro ASA Europe Norway 03/05/2017 Annual Against 6 Apparent failure to link pay and appropriate
performanceInsufficient basis to support a decision
1111980 NO0005668905 Tomra Systems ASA Europe Norway 27/04/2017 Annual Against 8 Insufficient/poor disclosure
1113108 NO0005806802 Veidekke ASA Europe Norway 10/05/2017 Annual All For
1110561 NO0010031479 DNB ASA Europe Norway 25/04/2017 Annual All For
1122962 NO0010040611 Opera Software ASA Europe Norway 04/04/2017 Special Against 5,6,7 Apparent failure to link pay and appropriate
performance
1113070 NO0010040611 Opera Software ASA Europe Norway 02/06/2017 Annual Against 11.1,13.2 Apparent failure to link pay and appropriate
performance
1110566 NO0010063308 Telenor ASA Europe Norway 10/05/2017 Annual Against 7b Apparent failure to link pay and appropriate
performance
1111004 NO0010073489 Austevoll Seafood
ASA
Europe Norway 24/05/2017 Annual Against 11
8d
Insufficient basis to support a decisionApparent
failure to link pay and appropriate performance
Lack of independence on board
1111904 NO0010096985 Statoil ASA Europe Norway 11/05/2017 Annual All For
1111950 NO0010196140 Norwegian Air
Shuttle ASA
Europe Norway 09/05/2017 Annual Against 14,15
8
9
Concerns to protect shareholder value
Insufficient/poor disclosure
Lack of independence on board
1110912 NO0010199151 Petroleum Geo-
Services ASA
Europe Norway 10/05/2017 Annual Against 10 Apparent failure to link pay & appropriate
performance
1110579 NO0010208051 Yara International
ASA
Europe Norway 11/05/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1113116 NO0010209331 Protector
Forsikring AS
Europe Norway 20/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1111911 NO0010234552 Aker ASA Europe Norway 21/04/2017 Annual Against 5a,5b
12,13,14
9
Insufficient basis to support a decision
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1134863 NO0010308240 Weifa ASA Europe Norway 30/05/2017 Annual Against 6,8
11
Apparent failure to link pay and appropriate
performance
Concerns about overall board
structureInappropriate bundling of election of
directors on a single vote
1110990 NO0010310956 SalMar ASA Europe Norway 06/06/2017 Annual Against 8,10
11b
Apparent failure to link pay and appropriate
performance
Lack of independence on board
1124005 NO0010317811 Norwegian
Property ASA
Europe Norway 06/04/2017 Annual Against 5 Lack of independence on board
1107783 NO0010345853 Aker BP ASA Europe Norway 05/04/2017 Annual Against 5
9
11,12
Apparent failure to link pay and appropriate
performance
Lack of independence on board
Poison pill/anti-takeover measure not in investors
interests
1151057 NO0010365521 Grieg Seafood ASA Europe Norway 07/06/2017 Annual Against 11b
9b,9c
Apparent failure to link pay and appropriate
performance
Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1110881 NO0010582521 Gjensidige
Forsikring ASA
Europe Norway 06/04/2017 Annual Against 8
9a6,9a7
9a3
Concerns to protect shareholder value
Lack of independence on board
Lack of independence on board
1113089 NO0010605371 Kvaerner ASA Europe Norway 20/04/2017 Annual Against 9
12,13,14
Lack of independence on boardInappropriate
bundling of election of directors on a single vote
Poison pill/anti-takeover measure not in investors
interestsIssue of equity raises concerns about
excessive dilution of existing shareholders
1111979 NO0010631567 SpareBank 1 SR
Bank
Europe Norway 20/04/2017 Annual Against 9 Insufficient basis to support a decision
1113056 NO0010657448 Ocean Yield ASA Europe Norway 20/04/2017 Annual Against 7b
14,15,16
17,18,19,20
Apparent failure to link pay and appropriate
performanceInsufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
Issue of equity raises concerns about excessive
dilution of existing shareholdersAnti-takeover
measure not in investors interests
1111925 NO0010657505 Borregaard ASA Europe Norway 20/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1115034 NO0010715139 Scatec Solar ASA Europe Norway 24/04/2017 Annual Against 8b
9,11,12
10
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
Insufficient/poor disclosureInappropriate bundling
of election of directors on a single vote
1112867 NO0010716863 XXL ASA Europe Norway 07/06/2017 Annual Against 4,10,11 Apparent failure to link pay and appropriate
performanceInsufficient/poor disclosure
1114975 NO0010735343 Europris ASA Europe Norway 23/05/2017 Annual Against 8b Apparent failure to link pay and appropriate
performance
1114140 NZNZRE0001S9 The New Zealand
Refining Company
Limited
Australia & New Zealand New
Zealand
03/05/2017 Annual All For
1122737 NZSCLE0002S8 Scales Corporation
Limited
Australia & New Zealand New
Zealand
14/06/2017 Annual All For
1126018 NZSUME0001S0 Summerset Group
Holdings Ltd.
Australia & New Zealand New
Zealand
27/04/2017 Annual All For
1145292 NZZELE0001S1 Z Energy Limited Australia & New Zealand New
Zealand
15/06/2017 Annual All For
1116044 PA1436583006 Carnival
Corporation
Emerging Markets Panama 05/04/2017 Annual Against 11,13,14 Apparent failure to link pay & appropriate
performance
1128237 PA5800371096 McDermott
International, Inc.
Emerging Markets Panama 05/05/2017 Annual All For
1125330 PAP169941328 Banco
Latinoamericano
de Comercio
Exterior, S.A.
Emerging Markets Panama 19/04/2017 Annual All For
1118746 PG0008579883 Oil Search Ltd. Emerging Markets Papua
New
Guinea
19/05/2017 Annual Against 7 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1120024 PHY0001Z1040 Aboitiz Equity
Ventures Inc.
Emerging Markets Philippines 15/05/2017 Annual Against 6 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1120032 PHY0005M1090 Aboitiz Power
Corporation
Emerging Markets Philippines 15/05/2017 Annual Against 6 Insufficient/poor disclosure
1104016 PHY0486V1154 Ayala Corporation Emerging Markets Philippines 21/04/2017 Annual Against 5 Insufficient/poor disclosure
1102379 PHY0488F1004 Ayala Land, Inc. Emerging Markets Philippines 19/04/2017 Annual Against 5 Insufficient/poor disclosure
1108209 PHY077751022 BDO Unibank Inc. Emerging Markets Philippines 20/04/2017 Annual Against 10 Insufficient/poor disclosure
1105440 PHY0967S1694 Bank of The
Philippine Islands
Emerging Markets Philippines 20/04/2017 Annual Against 6
4.4,4.7,4.10
A Insufficient/poor disclosure
Concerns related to succession planning
1126082 PHY1234G1032 CEBU Air Inc. Emerging Markets Philippines 19/05/2017 Annual Against 7
4.2,4.5,4.6,4.7
4.3
Insufficient/poor disclosure
Lack of independence on board
Overboarded/Too many other time
commitmentsLack of independence on board
1149221 PHY1249R1024 Century Pacific
Food, Inc.
Emerging Markets Philippines 30/06/2017 Annual All For
1133274 PHY1694P1067 Concepcion
Industrial
Corporation
Emerging Markets Philippines 07/06/2017 Annual Against 6.2,6.3,6.4,6.5,6.6 Lack of independence on board
1153124 PHY1765W1054 Cosco Capital, Inc. Emerging Markets Philippines 30/06/2017 Annual Against 11
15
Concerns related to succession planning
Insufficient/poor disclosure
1124359 PHY2088F1004 DMCI Holdings, Inc. Emerging Markets Philippines 16/05/2017 Annual Against 5.2,5.3,5.4,5.5,5.6,5.7
5.1
Lack of independence on board
Vote against combined Chair/CEO
1124359 PHY2088F1004 DMCI Holdings, Inc. Emerging Markets Philippines 16/05/2017 Annual Against 5.2,5.3,5.4,5.5,5.6,5.7 Lack of independence on board
1118101 PHY2292T1026 Energy
Development
Corporation
Emerging Markets Philippines 08/05/2017 Annual Against 6.5
8
Concerns related to attendance at board or
committee meetings
Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1109294 PHY249161019 Filinvest Land, Inc. Emerging Markets Philippines 21/04/2017 Annual Against 8.1,8.2,8.3,8.5,8.7
8.6
Concerns about overall board structure
Concerns about overall board structureConcerns
related to attendance at board or committee
meetings
1121198 PHY2558N1203 First Philippine
Holdings
Corporation
Emerging Markets Philippines 29/05/2017 Annual Against 4e,4h
6
4m
4o
Concerns related to attendance at board or
committee meetings
Insufficient/poor disclosure
Overboarded/Too many other time commitments
Overboarded/Too many other time
commitmentsConcerns related to succession
planning
1104410 PHY272571498 Globe Telecom, Inc. Emerging Markets Philippines 18/04/2017 Annual Against 3.2
5
Concerns related to attendance at board or
committee meetings
Insufficient/poor disclosure
1126094 PHY290451046 GT Capital
Holdings, Inc.
Emerging Markets Philippines 10/05/2017 Annual All For
1115721 PHY411571011 International
Container Terminal
Services, Inc.
Emerging Markets Philippines 20/04/2017 Annual Against 10
7.2,7.5,7.6,7.7
Insufficient/poor disclosure
Lack of independence on board
1142965 PHY444251177 JG Summit
Holdings, Inc.
Emerging Markets Philippines 27/06/2017 Annual Against 3.9
6
3.1
3.2
Concerns related to succession planning
Insufficient/poor disclosure
Overboarded/Too many other time commitments
Vote against combined Chair/CEO
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1134198 PHY4466S1007 Jollibee Foods
Corporation
Emerging Markets Philippines 30/06/2017 Annual Against 7.8
7.4,7.5,7.6
7.2
7.7
Concerns related to succession planning
Lack of independence on board
Lack of independence on boardConcerns related to
attendance at board or committee meetings
Overboarded/Too many other time
commitmentsLack of independence on board
1124434 PHY5347P1085 Lopez Holdings
Corporation
Emerging Markets Philippines 08/06/2017 Annual Against 4.1,4.3
6
4.6
4.2
Concerns related to attendance at board or
committee meetings
Insufficient/poor disclosure
Overboarded/Too many other time
commitmentsConcerns related to succession
planning
Vote against combined Chair/CEO
1124434 PHY5347P1085 Lopez Holdings
Corporation
Emerging Markets Philippines 08/06/2017 Annual Against 4.1,4.3
6
4.6
Concerns related to attendance at board or
committee meetings
Insufficient/poor disclosure
Overboarded/Too many other time
commitmentsConcerns related to succession
planning
1102249 PHY569991086 Manila Water
Company, Inc.
Emerging Markets Philippines 17/04/2017 Annual Against 6 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1111054 PHY5764J1483 Manila Electric
Company (Meralco)
Emerging Markets Philippines 30/05/2017 Annual Against 4.7
4.1,4.2,4.5,4.6,4.9
4.8
4.3,4.4
Concerns related to succession planningLack of
independence on board
Lack of independence on board
Overboarded/Too many other time commitments
Overboarded/Too many other time
commitmentsLack of independence on board
1136125 PHY594811127 Megaworld
Corporation
Emerging Markets Philippines 16/06/2017 Annual Against 8e,8f,8g Concerns related to succession planning
1110406 PHY6028G1361 Metropolitan Bank
& Trust Company
Emerging Markets Philippines 26/04/2017 Annual All For
1118125 PHY603051020 Metro Pacific
Investments
Corporation
Emerging Markets Philippines 26/05/2017 Annual Against 5.8,5.15 Overboarded/Too many other time commitments
1112827 PHY6033N1001 Metro Retail Stores
Group, Inc.
Emerging Markets Philippines 05/05/2017 Annual Against 5.2,5.3,5.4,5.5 Lack of independence on board
1123740 PHY6350R1069 Nickel Asia
Corporation
Emerging Markets Philippines 29/05/2017 Annual Against 5.9
5.3,5.6,5.7
5.4,5.5
Concerns related to attendance at board or
committee meetings
Lack of independence on board
Lack of independence on boardConcerns related to
attendance at board or committee meetings
1135151 PHY6955M1063 Philippine Seven
Corporation
Emerging Markets Philippines 16/06/2017 Annual Against 7 Insufficient/poor disclosure
1136344 PHY7072Q1032 PLDT Inc. Emerging Markets Philippines 13/06/2017 Annual Against 2.3
2.2,2.6
Concerns related to succession planning
Overboarded/Too many other time commitments
1120025 PHY7072Q1032 PLDT Inc. Emerging Markets Philippines 13/06/2017 Annual Against 2.3
2.2,2.6
Concerns related to succession planning
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1123083 PHY716171079 Puregold Price Club
Inc.
Emerging Markets Philippines 30/05/2017 Annual Against 7 Insufficient/poor disclosure
1151192 PHY7311H1463 Rizal Commercial
Banking
Corporation (RCBC)
Emerging Markets Philippines 26/06/2017 Annual Against 7f
6
Concerns related to attendance at board or
committee meetings
Insufficient/poor disclosure
1142532 PHY7318T1017 Robinsons Retail
Holdings, Inc.
Emerging Markets Philippines 27/06/2017 Annual Against 6
3.4,3.5,3.6,3.7
3.1,3.2
Insufficient/poor disclosure
Lack of independence on board
Overboarded/Too many other time
commitmentsLack of independence on board
1143699 PHY731961264 Robinsons Land
Corporation
Emerging Markets Philippines 28/06/2017 Annual Against 6
3.1,3.2,3.8
Insufficient/poor disclosure
Overboarded/Too many other time commitments
1124756 PHY7510J1254 San Miguel Pure
Foods Company,
Inc.
Emerging Markets Philippines 12/05/2017 Annual All For
1117667 PHY7571C1000 Security Bank
Corporation
Emerging Markets Philippines 25/04/2017 Annual Against 5.2,5.9 Concerns related to succession planning
1113883 PHY7628G1124 Semirara Mining
and Power Corp.
Emerging Markets Philippines 02/05/2017 Annual Against 7.2,7.3,7.4,7.5,7.6,7.7,7.8,7.
9
7.1
Lack of independence on board
Vote against combined Chair/CEO
1113883 PHY7628G1124 Semirara Mining
and Power Corp.
Emerging Markets Philippines 02/05/2017 Annual Against 7.2,7.3,7.4,7.5,7.6,7.7,7.8,7.
9
Lack of independence on board
1110256 PHY806761029 SM Investments
Corporation
Emerging Markets Philippines 26/04/2017 Annual Against 6 Insufficient/poor disclosure
1114867 PHY8076N1120 SM Prime Holdings,
Inc.
Emerging Markets Philippines 25/04/2017 Annual Against 6 Insufficient/poor disclosure
1127511 PHY9091H1069 Union Bank of the
Philippines
Emerging Markets Philippines 26/05/2017 Annual Against 3e
1.2,1.3,1.4,1.5,1.6,1.7,1.8,1.
9,1.10,1.11,1.12
Concerns to protect shareholder value
Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1143659 PHY9297P1004 Universal Robina
Corporation
Emerging Markets Philippines 28/06/2017 Annual Against 4.8
7
4.4,4.5,4.6,4.7
4.1,4.2
Concerns related to succession planning
Insufficient/poor disclosure
Lack of independence on board
Overboarded/Too many other time commitments
1139911 PHY9382G1068 Vista Land &
Lifescapes, Inc.
Emerging Markets Philippines 15/06/2017 Annual Against 3.1,3.3,3.4,3.5 Lack of independence on board
1115485 PK0025101012 Nestle Pakistan Ltd Emerging Markets Pakistan 18/04/2017 Annual Against 4 Insufficient/poor disclosure
1148043 PK0065001015 The Hub Power
Company Ltd
Emerging Markets Pakistan 25/05/2017 Special All For
1140177 PK0078001010 National Bank of
Pakistan
Emerging Markets Pakistan 15/05/2017 Special Against 2,6 Insufficient/poor disclosure
1147151 PK0085101019 Habib Bank Ltd. Emerging Markets Pakistan 24/05/2017 Special Against 1 Insufficient/poor disclosure
1128025 PLALIOR00045 Alior Bank S.A. Emerging Markets Poland 21/04/2017 Special Against 6 Concerns to protect shareholder value
1156500 PLALIOR00045 Alior Bank S.A. Emerging Markets Poland 29/06/2017 Annual All For
1153917 PLBH00000012 Bank Handlowy w
Warszawie SA
Emerging Markets Poland 22/06/2017 Annual Against 5.8 Insufficient/poor disclosure
1141990 PLBRSZW00011 Boryszew S.A. Emerging Markets Poland 18/05/2017 Annual Against 13 Insufficient/poor disclosure
1136320 PLBUDMX00013 Budimex SA Emerging Markets Poland 11/05/2017 Annual All For
1140723 PLBZ00000044 Bank Zachodni WBK
SA
Emerging Markets Poland 17/05/2017 Annual Against 17
16
12
13,14
Concerns to protect shareholder value
Concerns to protect shareholder value
Insufficient/poor disclosure
Insufficient/poor disclosure
1150130 PLCCC0000016 CCC SA Emerging Markets Poland 08/06/2017 Annual Against 14.1,14.2,14.3,14.4,14.5,15 Insufficient/poor disclosure
1155579 PLCFRPT00013 Cyfrowy Polsat SA Emerging Markets Poland 27/06/2017 Annual All For
1154506 PLCIECH00018 CIECH SA Emerging Markets Poland 22/06/2017 Annual Against 16.1
19
17
Concerns about reducing shareholder rights
Concerns to protect shareholder value
Insufficient/poor disclosure
1134642 PLDWORY00019 Synthos SA Emerging Markets Poland 08/05/2017 Annual Against 5.5.1,5.5.4,5.6.1,5.6.2,5.6.3,
5.6.4,5.6.5,5.7
Insufficient/poor disclosure
1155010 PLENEA000013 ENEA S.A. Emerging Markets Poland 26/06/2017 Annual Against 13 Concerns to protect shareholder value
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1155109 PLENERG00022 Energa SA Emerging Markets Poland 26/06/2017 Annual Against 15.2,15.3,15.4,15.5,15.6,15.
7
13.2,15.1,16.2,16.4,16.5,16.
6,16.7,16.8
13.1
Insufficient/poor disclosure
Insufficient/poor disclosure
1131009 PLEURCH00011 Eurocash SA Emerging Markets Poland 25/04/2017 Annual All For
1153254 PLGRBRN00012 Alchemia S.A. Emerging Markets Poland 21/06/2017 Annual Against 15
14.1,14.2
Concerns to protect shareholder value
Insufficient/poor disclosure
Insufficient/poor disclosure
1145861 PLIMPXM00019 Impexmetal SA Emerging Markets Poland 25/05/2017 Annual Against 13 Insufficient/poor disclosure
1151090 PLINTCS00010 Inter Cars SA Emerging Markets Poland 12/06/2017 Annual All For
1154029 PLJSW0000015 Jastrzebska Spolka
Weglowa SA
Emerging Markets Poland 23/06/2017 Annual All For
1151114 PLKGHM000017 KGHM Polska
Miedz S.A.
Emerging Markets Poland 21/06/2017 Annual Against 12.2,12.3,12.4,12.5,12.6
11.1l
11.1e,11.1h
11.1b,12.1,13.2,13.3,13.4,13
.5,13.6,13.7,13.8
Insufficient/poor disclosure
Insufficient/poor disclosure
Insufficient/poor disclosure
1140299 PLKRK0000010 KRUK S.A. Emerging Markets Poland 15/05/2017 Annual All For
1152014 PLLOTOS00025 Grupa LOTOS SA Emerging Markets Poland 14/06/2017 Annual Against 17.1,17.2 Insufficient/poor disclosure
1153448 PLLPP0000011 LPP S.A. Emerging Markets Poland 19/06/2017 Annual Against 14 Apparent failure to link pay & appropriate
performance Insufficient/poor disclosure
1155422 PLLWBGD00016 LW Bogdanka SA Emerging Markets Poland 26/06/2017 Annual Against 13 Insufficient/poor disclosure
1136744 PLMEDCS00015 Pelion SA Emerging Markets Poland 08/05/2017 Special Against 5 Concerns to protect shareholder value
1128588 PLPEKAO00016 Bank Polska Kasa
Opieki S.A.
Emerging Markets Poland 19/04/2017 Annual All For
1150383 PLPEKAO00016 Bank Polska Kasa
Opieki S.A.
Emerging Markets Poland 08/06/2017 Special Against 6,7
9
Concerns to protect shareholder value
1155560 PLPGER000010 PGE Polska Grupa
Energetyczna SA
Emerging Markets Poland 27/06/2017 Annual Against 13
12.2,12.3,12.4,12.5,12.6,12.
7,12.8,14.1,14.2,14.3,14.4,1
4.5,14.6,14.7,14.8
Insufficient basis to support a decision
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
enhanced shareholder rights
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1156492 PLPGNIG00014 Polskie Gornictwo
Naftowe i
Gazownictwo S.A.
(PGNiG)
Emerging Markets Poland 28/06/2017 Annual Against 11.1,11.2 Insufficient/poor disclosure
1151338 PLPKN0000018 Polski Koncern
Naftowy Orlen SA
Emerging Markets Poland 30/06/2017 Annual All For
1153928 PLPKO0000016 Powszechna Kasa
Oszczednosci Bank
Polski SA
Emerging Markets Poland 22/06/2017 Annual Against 10 Insufficient/poor disclosure
1123735 PLPZU0000011 Powszechny Zaklad
Ubezpieczen SA
Emerging Markets Poland 12/04/2017 Special All For
1156171 PLPZU0000011 Powszechny Zaklad
Ubezpieczen SA
Emerging Markets Poland 29/06/2017 Annual Against 19
1130360 PLSOFTB00016 Asseco Poland S.A. Emerging Markets Poland 25/04/2017 Annual Against 16 Insufficient/poor disclosure
1153246 PLSTLPD00017 Stalprodukt SA Emerging Markets Poland 19/06/2017 Annual All For
1144628 PLTAURN00011 Tauron Polska
Energia SA
Emerging Markets Poland 29/05/2017 Annual Against 19.3,19.4,19.5,19.6,19.7,19.
8,19.9,19.10
20.1,20.2,20.3,20.4,20.5,20.
6,20.7
17
Insufficient/poor disclosure
The name of the nominee has not been provided
1124622 PLTLKPL00017 Orange Polska S.A. Emerging Markets Poland 19/04/2017 Annual Against 8.1,8.3,8.4 Lack of independence on board
1134630 PLTRFRM00018 NEUCA SA Emerging Markets Poland 27/04/2017 Annual Against 14,15 Insufficient/poor disclosure
1153245 PLTRKPL00014 Trakcja PRKiI SA Emerging Markets Poland 27/06/2017 Annual Against 7.1 Insufficient basis to support a decision
1156514 PLZATRM00012 Grupa Azoty S.A. Emerging Markets Poland 30/06/2017 Annual Against 15
1139470 PR30040P1032 Evertec, Inc. North America USA 25/05/2017 Annual All For
1139474 PR3186727065 First BanCorp. North America USA 25/05/2017 Annual Against 2
1G
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
1124255 PR67103X1020 OFG Bancorp North America USA 26/04/2017 Annual Against 1.1 Concerns related to approach to board diversity
1121480 PR7331747001 Popular, Inc. Emerging Markets Puerto Rico 26/04/2017 Annual All For
1124386 PR8967491088 Triple-S
Management
Corporation
North America USA 28/04/2017 Annual Against 1a Concerns to protect shareholder value
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1132827 PTALT0AE0002 ALTRI SGPS SA Europe Portugal 26/04/2017 Annual Against 4 Lack of independence on boardCombined
CEO/Chairman
1108595 PTBCP0AM0015 Banco Comercial
Portugues S.A.
Europe Portugal 10/05/2017 Annual Against 5 Concerns about overall board structure
1115496 PTCOR0AE0006 Corticeira Amorim
S.A.
Europe Portugal 07/04/2017 Annual Against 6 Lack of independence on board
1103046 PTCTT0AM0001 CTT-Correios de
Portugal S.A.
Europe Portugal 20/04/2017 Annual All For
1107279 PTEDP0AM0009 EDP-Energias de
Portugal S.A
Europe Portugal 19/04/2017 Annual Against 6 Apparent failure to link pay & appropriate
performance
1105978 PTGAL0AM0009 Galp Energia, SGPS
S.A.
Europe Portugal 12/05/2017 Annual Against 8
2
Concerns to protect shareholder value
Lack of independence on board
1105357 PTJMT0AE0001 Jeronimo Martins
SGPS S.A
Europe Portugal 06/04/2017 Annual All For
1145015 PTPTI0AM0006 The Navigator
Company SA
Europe Portugal 24/05/2017 Annual Against 6 Apparent failure to link pay & appropriate
performance
1140531 PTREL0AM0008 REN - Redes
Energeticas
Nacionais, SGPS,
S.A.
Europe Portugal 11/05/2017 Annual All For
1145723 PTSEM0AM0004 Semapa -
Sociedade de
Investimento e
Gestao S.A.
Europe Portugal 25/05/2017 Annual Against 6 Apparent failure to link pay & appropriate
performance 2- Concerns to protect shareholder
value
1128969 PTSNC0AM0006 Sonaecom SGPS S.A. Europe Portugal 28/04/2017 Annual All For
1130071 PTSON0AM0001 Sonae SGPS SA Europe Portugal 28/04/2017 Annual All For
1128707 PTZON0AM0006 Nos SGPS SA Europe Portugal 27/04/2017 Annual Against 7 Lack of independence on board
1128037 ROSNGNACNOR3 Romgaz SA Emerging Markets Romania 25/04/2017 Annual Against 4
6
Apparent failure to link pay & appropriate
performance
Insufficient basis to support a decision
1146619 ROSNGNACNOR3 Romgaz SA Emerging Markets Romania 15/06/2017 Special Against 11
1110527 ROTLVAACNOR1 Banca Transilvania
Cluj S.A.
Emerging Markets Romania 26/04/2017 Annual Against 5,6 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1126819 ROTLVAACNOR1 Banca Transilvania
Cluj S.A.
Emerging Markets Romania 26/04/2017 Special Against 2 Insufficient basis to support a decision
1119698 RU0006914488 Sollers PJSC Emerging Markets Russia 29/06/2017 Annual Against 3.1,3.4,3.5,3.6,3.7,3.8,3.9,3.
10
5.1,5.2,5.4
Concerns about overall board structure
Concerns to protect shareholder value
1143147 RU0007252813 Alrosa PJSC Emerging Markets Russia 30/06/2017 Annual Against 7.1,7.2,7.3,7.4,7.5,7.7,7.8,7.
9,7.10,7.11,7.12,7.13,7.14,7.
15,7.16,7.17,7.18,7.20,7.21
6
5
Concerns about overall board structure
Performance-related pay/awards for non-executives
Performance-related pay/awards for non-executives
1135243 RU0007288411 MMC Norilsk Nickel
PJSC
Emerging Markets Russia 09/06/2017 Annual Against 9
5.1,5.2,5.3,5.4,5.5,5.6,5.7,5.
10,5.11
13
Apparent failure to link pay & appropriate
performance 2- Concerns to protect shareholder
value
Concerns about overall board structure
Concerns about reducing shareholder rights
1135023 RU0007288411 MMC Norilsk Nickel
PJSC
Emerging Markets Russia 09/06/2017 Annual Against 5.1,5.2,5.3,5.4,5.5,5.6,5.7,5.
10,5.11
9
13
Apparent failure to link pay & appropriate
performance 2- Concerns to protect shareholder
value
Concerns about reducing shareholder rights
1114438 RU0007661625 Gazprom PJSC Emerging Markets Russia 30/06/2017 Annual Against No Action Taken 14.1,14.2,14.3,14.4,14.5,14.
6,14.7,14.8,14.9,14.10,14.11
6
15.1,15.4,15.6,15.9,15.10,15
.12,15.13
Performance-related pay/awards for non-executives
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1114438 RU0007661625 Gazprom PJSC Emerging Markets Russia 30/06/2017 Annual Abstain Against 15.1,15.4,15.6,15.9,15.10,15
.12,15.13
14.1,14.2,14.3,14.4,14.5,14.
6,14.7,14.8,14.9,14.10,14.11
6
Concerns about overall board structure
Concerns about overall board structure
Performance-related pay/awards for non-executives
1112212 RU0007661625 Gazprom PJSC Emerging Markets Russia 30/06/2017 Annual Abstain Against No Action Taken 15.12,15.13
14.1,14.2,14.3,14.4,14.5,14.
6,14.7,14.8,14.9,14.10,14.11
6
15.1,15.4,15.6,15.9,15.10
Concerns related to inappropriate membership of
committees
Concerns about overall board structure
Performance-related pay/awards for non-executives
Concerns related to inappropriate membership of
committees
1091398 RU0007775219 Mobile Telesystems
PJSC
Emerging Markets Russia 29/06/2017 Annual Against 3.1,3.2,3.3,3.4,3.6,3.7
6
Concerns about overall board structure
Concerns to protect shareholder value
1150748 RU0007775219 Mobile Telesystems
PJSC
Emerging Markets Russia 29/06/2017 Annual Against 3.1,3.2,3.3,3.4,3.6,3.7
6
Concerns about overall board structure
Concerns to protect shareholder value
1141328 RU0008926258 Surgutneftegaz Emerging Markets Russia 29/06/2017 Annual Against 7.1,7.2,7.3,7.4,7.5,7.6,7.7,7.
8,7.9
5
Concerns about overall board structure
Performance-related pay/awards for non-executives
1140640 RU0008926258 Surgutneftegaz Emerging Markets Russia 29/06/2017 Annual Against 7.1,7.2,7.3,7.4,7.5,7.6,7.7,7.
8,7.9
5
Concerns about overall board structure
Performance-related pay/awards for non-executives
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1150970 RU0008943394 Rostelecom PJSC Emerging Markets Russia 19/06/2017 Annual Against 5.2,5.3,5.4,5.5,5.6,5.7,5.8,5.
9,5.10,5.12
14
10
Concerns about overall board structure
Concerns related to potential conflict of interests
Concerns related to potential conflict of interests
1148938 RU0009024277 LUKOIL PJSC Emerging Markets Russia 21/06/2017 Annual Against 2.1,2.2,2.4,2.5,2.6,2.8,2.9,2.
11,2.12
Concerns about overall board structure
1143883 RU0009024277 LUKOIL PJSC Emerging Markets Russia 21/06/2017 Annual Against 2.1,2.2,2.4,2.5,2.6,2.8,2.9,2.
11,2.12
Concerns about overall board structure
1153084 RU0009028674 Acron PJSC Emerging Markets Russia 22/06/2017 Annual Against 4.2,4.3,4.4,4.5,4.7,4.8 Concerns about overall board structure
1145986 RU0009029540 Sberbank of Russia
PJSC
Emerging Markets Russia 26/05/2017 Annual Against 5.5,5.6,5.7,5.8,5.9,5.11,5.12,
5.14
5.4
Concerns about overall board structure
Vote against combined Chair/CEOConcerns about
overall board structure
1118103 RU0009033591 Tatneft PJSC Emerging Markets Russia 23/06/2017 Annual Against 4.1,4.3,4.4,4.5,4.6,4.7,4.8,4.
9,4.10,4.11,4.12,4.13
7
Concerns about overall board structure
Concerns to protect shareholder value
1115573 RU0009033591 Tatneft PJSC Emerging Markets Russia 23/06/2017 Annual Against 4.1,4.3,4.4,4.5,4.6,4.7,4.8,4.
9,4.10,4.11,4.12,4.13
7
Concerns about overall board structure
Concerns to protect shareholder value
1119626 RU0009046452 Novolipetsk Steel Emerging Markets Russia 02/06/2017 Annual Against 5.1,5.4,5.5,5.6 Concerns about overall board structure
1148482 RU0009046452 Novolipetsk Steel Emerging Markets Russia 02/06/2017 Annual Against 5.1,5.4,5.5,5.6 Concerns about overall board structure
1151457 RU0009046510 Severstal PJSC Emerging Markets Russia 09/06/2017 Annual Against 1.1,1.2,1.3,1.4,1.5
7
Concerns about overall board structure
Insufficient/poor disclosure
1111801 RU0009046510 Severstal PJSC Emerging Markets Russia 09/06/2017 Annual Against 1.1,1.2,1.3,1.4,1.5
7
Insufficient basis to support a decision 2-
Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1130078 RU0009062285 Aeroflot PJSC Emerging Markets Russia 26/06/2017 Annual Against 9.1,9.2,9.4,9.6,9.7,9.8,9.9,9.
10,9.11,9.12,9.13,9.14
12,13
Concerns about overall board structure
Concerns to protect shareholder value
1143867 RU0009062467 Gazprom Neft PJSC Emerging Markets Russia 09/06/2017 Annual Against 9
6.1,6.2,6.3,6.4,6.5,6.6,6.7,6.
8,6.9,6.11,6.12,6.13
Apparent failure to link pay and appropriate
performanceInsufficient/poor disclosure
Concerns about overall board structure
1123724 RU0009084396 Magnitogorsk Iron
& Steel Works
Emerging Markets Russia 26/05/2017 Annual Against 7
3.1,3.3,3.4,3.7,3.8,3.9,3.10
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1113901 RU0009084396 Magnitogorsk Iron
& Steel Works
Emerging Markets Russia 26/05/2017 Annual Against 7
3.1,3.3,3.4,3.7,3.8,3.9,3.10
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1111939 RU0009100945 Bank Saint-
Petersburg PJSC
Emerging Markets Russia 18/05/2017 Annual Against 7.1,7.2,7.4,7.5,7.6,7.7,7.9,7.
10
1147191 RU000A0B6NK6 TMK PAO Emerging Markets Russia 08/06/2017 Annual Against 2.2,2.5,2.6,2.8,2.9,2.10,2.11,
2.12
5,6,7,8
Concerns about overall board structure
Insufficient/poor disclosure
1148070 RU000A0B6NK6 TMK PAO Emerging Markets Russia 08/06/2017 Annual Against 2.2,2.5,2.6,2.8,2.9,2.10,2.11,
2.12
5,6,7,8
Concerns about overall board structure
Insufficient/poor disclosure
1124201 RU000A0DKVS5 Novatek PJSC Emerging Markets Russia 21/04/2017 Annual Against 2.1,2.2,2.3,2.5,2.6 Lack of independence on board
1143654 RU000A0DKXV5 Mechel PAO Emerging Markets Russia 17/05/2017 Special Against 1.1,1.2 Insufficient/poor disclosure
1157563 RU000A0DKXV5 Mechel PAO Emerging Markets Russia 30/06/2017 Annual Against 2.1,2.2,2.3,2.7,2.8
5
6
Concerns about overall board structure
Concerns to protect shareholder value
Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1157580 RU000A0DQZE3 Sistema PJSFC Emerging Markets Russia 24/06/2017 Annual Against 5.2,5.3,5.4,5.5,5.6,5.7,5.9,5.
10
Concerns about overall board structure
1132735 RU000A0DQZE3 Sistema PJSFC Emerging Markets Russia 24/06/2017 Annual Against 5.2,5.3,5.4,5.5,5.6,5.7,5.9,5.
10
1129710 RU000A0F5UN3 Enel Russia PJSC Emerging Markets Russia 15/06/2017 Annual Against 4.1,4.2,4.3,4.4,4.5,4.6,4.7,4.
8,4.9,4.10,4.11,4.12,4.13,4.1
4
Concerns about overall board structure
1153169 RU000A0HL5M1 Synergy, Co PJSC Emerging Markets Russia 26/06/2017 Annual Against No Action Taken 4.1,4.2,4.4,4.5,4.6,4.7,4.8,4.
9
5.3
Concerns about overall board structure
Concerns to protect shareholder value
1152873 RU000A0J2Q06 Rosneft Oil
Company OJSC
Emerging Markets Russia 22/06/2017 Annual Against 5 Apparent failure to link pay & appropriate
performance 2- Concerns to protect shareholder
value
1149787 RU000A0JKQU8 Magnit PJSC Emerging Markets Russia 08/06/2017 Annual Against 4.3,4.4,4.5,4.6,4.7
1147398 RU000A0JKQU8 Magnit PJSC Emerging Markets Russia 08/06/2017 Annual Against 4.3,4.4,4.5,4.6,4.7
1112792 RU000A0JP5V6 VTB Bank PJSC Emerging Markets Russia 26/04/2017 Annual Against 8.1,8.4,8.5,8.8,8.9,8.10,8.11 Concerns about overall board structure
1130454 RU000A0JP5V6 VTB Bank PJSC Emerging Markets Russia 26/04/2017 Annual Against 8.1,8.4,8.5,8.8,8.9,8.10,8.11 Concerns about overall board structure
1150377 RU000A0JPFP0 LSR Group PJSC Emerging Markets Russia 09/06/2017 Annual Against 5.1,5.2,5.4,5.7,5.8,5.9,8 Concerns about overall board structure
1153176 RU000A0JPKH7 RusHydro PJSC Emerging Markets Russia 26/06/2017 Annual Against 7.1,7.2,7.3,7.4,7.6,7.7,7.9,7.
10,7.11,7.12,7.13
Concerns about overall board structure
1156164 RU000A0JPKH7 RusHydro PJSC Emerging Markets Russia 26/06/2017 Annual Against 7.1,7.2,7.3,7.4,7.6,7.7,7.9,7.
10,7.11,7.12,7.13
Concerns about overall board structure
1135513 RU000A0JPNM1 Inter RAO UES PJSC Emerging Markets Russia 09/06/2017 Annual Against 6.1,6.3,6.4,6.5,6.6,6.7,6.8,6.
12,6.13
10
<p>Concerns about overall board structure</p>
<p>Concerns to protect shareholder value</p>
1151888 RU000A0JPVJ0 Rosseti PJSC Emerging Markets Russia 30/06/2017 Annual Against 7.1,7.2,7.3,7.7,7.8,7.9,7.10,7
.11,7.12,7.13,7.14,7.15
6
5
Concerns about overall board structure
Concerns to protect shareholder value
Performance-related pay/awards for non-executives
1119207 RU000A0JR4A1 Moscow Exchange
MICEX-RTS PJSC
Emerging Markets Russia 27/04/2017 Annual Against 4.1,4.2,4.3,4.4,4.5,4.6,4.8,4.
9,4.10,4.11,4.12
Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1150394 RU000A0JRKT8 PhosAgro PJSC Emerging Markets Russia 30/05/2017 Annual Against 4.1,4.2,4.3,4.4,4.5,4.6,4.8,4.
10,4.12,4.13
Concerns about overall board structure
1155112 RU000A0JS942 MegaFon PJSC Emerging Markets Russia 30/06/2017 Annual Against 4.1,4.2,4.3,4.4,4.5,4.7,4.8,4.
9,4.10,4.11,4.12,4.13,4.14
Concerns about overall board structure
1128786 RU000A0JVW89 Europlan PJSC Emerging Markets Russia 25/04/2017 Special Against 1 Insufficient/poor disclosure
1151933 RU000A0JVW89 Europlan PJSC Emerging Markets Russia 26/06/2017 Annual Against 3.1,3.3,3.4,3.5,3.8,3.9 Concerns about overall board structure
1152576 SE0000101362 B&B Tools AB Europe Sweden 14/06/2017 Special All For
1152579 SE0000101362 B&B Tools AB Europe Sweden 21/06/2017 Special All For
1110841 SE0000103699 Hexagon AB Europe Sweden 02/05/2017 Annual Against 12 Lack of independence on board
1113066 SE0000105199 Haldex AB Europe Sweden 04/05/2017 Annual Against 13 Apparent failure to link pay and appropriate
performance
1137098 SE0000106205 Peab AB Europe Sweden 10/05/2017 Annual Against 19
14
Apparent failure to link pay & appropriate
performance
Lack of independence on board
1110583 SE0000106270 H & M Hennes &
Mauritz
Europe Sweden 10/05/2017 Annual All For
1110578 SE0000107419 Investor AB Europe Sweden 03/05/2017 Annual Against 17b Apparent failure to link pay & appropriate
performance
1109693 SE0000108847 LE
Lundbergfoeretagen
AB
Europe Sweden 05/04/2017 Annual Against 12 Concerns about overall board structure
1113064 SE0000109811 Nolato AB Europe Sweden 26/04/2017 Annual All For
1112868 SE0000111940 Ratos AB Europe Sweden 06/04/2017 Annual Against 20 Issue of equity raises concerns about excessive
dilution of existing shareholders
1152039 SE0000111940 Ratos AB Europe Sweden 14/06/2017 Special All For
1110986 SE0000112385 SaaB AB Europe Sweden 05/04/2017 Annual Against 13a
13b,13c,14c
Apparent failure to link pay and appropriate
performanceInsufficient/poor disclosure
Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1109709 SE0000112724 Svenska Cellulosa
AB (SCA)
Europe Sweden 05/04/2017 Annual Against 16 Insufficient/poor disclosureApparent failure to link
pay and appropriate performance
1141615 SE0000112724 Svenska Cellulosa
AB (SCA)
Europe Sweden 17/05/2017 Special All For
1109891 SE0000113250 Skanska AB Europe Sweden 04/04/2017 Annual Against 14j
16
14b,14d,14e,14h
Concerns about overall board structure
Insufficient/poor disclosure
Lack of independence on board
1110991 SE0000114837 Trelleborg AB Europe Sweden 27/04/2017 Annual Against 14 Apparent failure to link pay and appropriate
performance
1109541 SE0000115446 Volvo AB Europe Sweden 04/04/2017 Annual Against 13 Apparent failure to link pay & appropriate
performance
1109969 SE0000117970 NCC AB Europe Sweden 05/04/2017 Annual All For
1110840 SE0000163594 Securitas AB Europe Sweden 03/05/2017 Annual Against 12 Lack of independence on board
1110494 SE0000171100 SSAB AB Europe Sweden 06/04/2017 Annual Against 13
10
Apparent failure to link pay and appropriate
performance
Lack of independence on board
1110862 SE0000190126 Industrivarden AB Europe Sweden 09/05/2017 Annual All For
1109710 SE0000195570 Gunnebo AB Europe Sweden 05/04/2017 Annual Against 16a,16b Insufficient/poor disclosure
1113045 SE0000195810 Bure Equity AB Europe Sweden 03/05/2017 Annual Against 16 Apparent failure to link pay and appropriate
performance
1110588 SE0000310336 Swedish Match AB Europe Sweden 04/05/2017 Annual All For
1111917 SE0000375115 Mycronic AB Europe Sweden 04/05/2017 Annual Against 12
15
Concerns related to Non-audit fees
Insufficient disclosure
1112390 SE0000379497 Semcon AB Europe Sweden 26/04/2017 Annual Against 20c Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1111003 SE0000412371 Modern Times
Group MTG AB
Europe Sweden 09/05/2017 Annual All For
1113129 SE0000426546 New Wave Group
AB
Europe Sweden 10/05/2017 Annual All For
1110992 SE0000455057 Fastighets AB Balder Europe Sweden 11/05/2017 Annual All For
1113071 SE0000470395 BioGaia AB Europe Sweden 03/05/2017 Annual All For
1112356 SE0000489098 Sweco AB Europe Sweden 27/04/2017 Annual All For
1110495 SE0000549412 Kungsleden AB Europe Sweden 25/04/2017 Annual Against 17 Apparent failure to link pay and appropriate
performance
1109929 SE0000652216 ICA Gruppen AB Europe Sweden 07/04/2017 Annual Against 19
16
Insufficient/poor disclosure
Lack of independence on board
1110590 SE0000667891 Sandvik AB Europe Sweden 27/04/2017 Annual Against 18 Insufficient/poor disclosure
1110564 SE0000667925 Telia Company AB Europe Sweden 05/04/2017 Annual Against 20a,20b Insufficient/poor disclosure
1111742 SE0000683484 CellaVision AB Europe Sweden 05/05/2017 Annual Against 18 Apparent failure to link pay and appropriate
performanceInsufficient/poor disclosure
1110339 SE0000695876 Alfa Laval AB Europe Sweden 26/04/2017 Annual Against 15
14
Apparent failure to link pay & appropriate
performance
Lack of independence on board
1111922 SE0000806994 JM AB Europe Sweden 27/04/2017 Annual Against 15 Apparent failure to link pay and appropriate
performance
1111962 SE0000816043 Vitrolife AB Europe Sweden 27/04/2017 Annual Against 17 Insufficient/poor disclosure
1110885 SE0000825820 Lundin Petroleum
AB
Europe Sweden 04/05/2017 Annual Against 18 Apparent failure to link pay and appropriate
performance
1110987 SE0000862997 BillerudKorsnas AB Europe Sweden 10/05/2017 Annual All For
1110452 SE0000869646 Boliden AB Europe Sweden 25/04/2017 Annual Against 16 Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1111947 SE0000872095 Swedish Orphan
Biovitrum AB
Europe Sweden 04/05/2017 Annual Against 16
17a,17b,17c
18
Apparent failure to link pay and appropriate
performance
Apparent failure to link pay and appropriate
performanceInsufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
1110530 SE0000936478 Intrum Justitia AB Europe Sweden 29/06/2017 Annual Against 17
13
Apparent failure to link pay and appropriate
performance
Insufficient/poor disclosure
1109928 SE0000949331 Nobia AB Europe Sweden 06/04/2017 Annual Against 17b1,17b2
17a
Insufficient/poor disclosure
Insufficient/poor disclosure Performance conditions
are not disclosed and we remain disappointed that
EPS remains the sole metric used
1130848 SE0001174970 Millicom
International
Cellular S.A.
Europe Luxembour
g
04/05/2017 Annual/Special All For
1113040 SE0001413600 Wihlborgs
Fastigheter AB
Europe Sweden 26/04/2017 Annual Against 12 Concerns about overall board structure
1111977 SE0001493776 AAK AB Europe Sweden 17/05/2017 Annual Against 12 Concerns about overall board structure
1111961 SE0001515552 Indutrade AB Europe Sweden 26/04/2017 Annual Against 14 Lack of independence on board
1113068 SE0001629288 AB Sagax Europe Sweden 04/05/2017 Annual All For
1119158 SE0001634262 Dios Fastigheter AB Europe Sweden 26/04/2017 Annual Against 12 Concerns about overall board structure
1110132 SE0001662230 Husqvarna AB Europe Sweden 04/04/2017 Annual Against 13,14a,14b
11a,11c,11e,11f,11i
Insufficient/poor disclosure
Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1113057 SE0001852419 Lindab
International AB
Europe Sweden 09/05/2017 Annual All For
1112515 SE0001857533 Rezidor Hotel
Group AB
Europe Sweden 28/04/2017 Annual Against 16a
13
Apparent failure to link pay & appropriate
performance
Lack of independence on board
1110522 SE0002110064 Mekonomen AB Europe Sweden 25/04/2017 Annual Against 18 Insufficient/poor disclosure
1109564 SE0002626861 Cloetta AB Europe Sweden 04/04/2017 Annual Against 20 Insufficient/poor disclosure
1113760 SE0002683557 Loomis AB Europe Sweden 04/05/2017 Annual Against 12 Lack of independence on board
1113087 SE0003303627 Byggmax Group AB Europe Sweden 10/05/2017 Annual All For
1110855 SE0005190238 Tele2 AB Europe Sweden 09/05/2017 Annual All For
1113069 SE0005757267 Recipharm AB Europe Sweden 10/05/2017 Annual Against 17b,17c
16,17a
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
1121669 SE0005936713 Akelius Residential
AB
Europe Sweden 11/04/2017 Annual Against 10 Concerns about overall board structure
1149453 SE0005999778 Com Hem Holding
AB
Europe Sweden 13/06/2017 Special All For
1112391 SE0005999836 AF AB Europe Sweden 25/04/2017 Annual All For
1111007 SE0006288015 Granges AB Europe Sweden 04/05/2017 Annual All For 13
1113082 SE0006370730 Lifco AB Europe Sweden 04/05/2017 Annual All For
1111731 SE0006422390 Thule Group AB Europe Sweden 26/04/2017 Annual Against 14 Concerns related to Non-audit fees
1111002 SE0006593901 Klovern AB Europe Sweden 26/04/2017 Annual Against 12 Lack of independence on board
1113107 SE0006826046 Evolution Gaming
Group AB
Europe Sweden 21/04/2017 Annual All For
1110565 SE0006886750 Atlas Copco AB Europe Sweden 26/04/2017 Annual Against 12b
10b
10
Apparent failure to link pay & appropriate
performance
Lack of independence on board
Lack of independence on board
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1113098 SE0006965216 Nordax Group AB Europe Sweden 27/04/2017 Annual Against 17b2 Apparent failure to link pay and appropriate
performance
1110996 SE0007074281 Hexpol AB Europe Sweden 28/04/2017 Annual Against 12 Concerns about overall board structure
1113062 SE0007074844 Wallenstam AB Europe Sweden 26/04/2017 Annual Against 14 Lack of independence on board
1110576 SE0007100581 Assa Abloy AB Europe Sweden 26/04/2017 Annual Against 16 Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
1110576 SE0007100581 Assa Abloy AB Europe Sweden 26/04/2017 Annual Against 12
16
Concerns about overall board structure
Insufficient/poor disclosure
1110531 SE0007126115 Hemfosa
Fastigheter AB
Europe Sweden 25/04/2017 Annual All For
1112869 SE0007185418 Nobina AB Europe Sweden 31/05/2017 Annual Against 14d Concerns to protect shareholder value
1113065 SE0007491303 Bravida Holding AB Europe Sweden 10/05/2017 Annual Against 18 Insufficient/poor disclosure
1112872 SE0007640156 Scandic Hotels
Group AB
Europe Sweden 10/05/2017 Annual Against 17a,17b
16
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
1109931 SE0007691613 Dometic Group AB Europe Sweden 07/04/2017 Annual Against 14 Insufficient/poor disclosure
1114727 SE0007871645 Kindred Group plc Europe Malta 16/05/2017 Annual All For
1109572 SE0008091581 Bonava AB Europe Sweden 04/04/2017 Annual Against 17a,17b Insufficient/poor disclosure
1111936 SE0008321293 NIBE Industrier AB Europe Sweden 11/05/2017 Annual Against 16
13
12
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Concerns related to Non-audit fees
1109955 SE0008321608 Investment AB
Oresund
Europe Sweden 21/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1110878 SE0008373906 Investment AB
Kinnevik
Europe Sweden 08/05/2017 Annual Against 19
18
Apparent failure to link pay & appropriate
performance
Concerns related to inappropriate membership of
committees
1106321 SE0008374250 Fingerprint Cards
AB
Europe Sweden 20/04/2017 Annual Against 16
17c
Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
Concerns to protect shareholder value
1111928 SE0009161185 Tethys Oil AB Europe Sweden 17/05/2017 Annual All For
1109970 SE0009773237 NetEnt AB Europe Sweden 21/04/2017 Annual All For
1111967 SE0009806896 Betsson AB Europe Sweden 11/05/2017 Annual Against 13 Concerns related to Non-audit fees
1109954 SE0009921588 Bilia AB Europe Sweden 19/04/2017 Annual Against 14 Concerns about overall board structure
1133381 SG0531000230 Venture
Corporation Limited
Asia Singapore 27/04/2017 Annual Against 7 Apparent failure to link pay and appropriate
performance
1133658 SG1A49000759 QAF Limited Asia Singapore 24/04/2017 Annual Against 8
3,4
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1129841 SG1AB8000006 IREIT Global Asia Singapore 20/04/2017 Annual Against 2
3
Concerns related to Non-audit fees
Issue of equity raises concerns about excessive
dilution of existing shareholders
1129843 SG1AB8000006 IREIT Global Asia Singapore 20/04/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1129511 SG1AB9000005 Japfa Ltd Asia Singapore 12/04/2017 Annual Against 15
4
14
Apparent failure to link pay and appropriate
performance
Concerns about candidate's experience/skills
Issue of equity raises concerns about excessive
dilution of existing shareholders
1125513 SG1AB9000005 Japfa Ltd Asia Singapore 12/04/2017 Special All For
1128592 SG1AF6000009 Keppel DC REIT Asia Singapore 18/04/2017 Annual Against 6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1138313 SG1AI1000008 Golden Energy and
Resources Ltd.
Asia Singapore 28/04/2017 Annual Against 8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1134505 SG1AI1000008 Golden Energy and
Resources Ltd.
Asia Singapore 28/04/2017 Special All For
1128193 SG1B09007736 Elec & Eltek
International
Company Limited
Asia Singapore 28/04/2017 Annual Against 4
7
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1134162 SG1B51001017 Jardine Cycle &
Carriage Limited
Asia Singapore 28/04/2017 Annual Against 4a
7a
4b,4d
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135351 SG1BA3000001 Yongnam Holdings
Limited
Asia Singapore 26/04/2017 Annual Against 8
7
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
1135774 SG1BI7000000 SIIC Environment
Holdings Ltd.
Asia Singapore 25/04/2017 Annual Against 11,12
9
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
1135801 SG1BI7000000 SIIC Environment
Holdings Ltd.
Asia Singapore 25/04/2017 Special All For
1129108 SG1BJ1000004 SunningDale Tech
Ltd.
Asia Singapore 12/04/2017 Annual Against 9
4
8
Apparent failure to link pay and appropriate
performance
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1138311 SG1C20001063 CWT Limited Asia Singapore 28/04/2017 Annual Against 7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1132209 SG1CH4000003 Raffles Medical
Group Ltd
Asia Singapore 19/04/2017 Annual Against 10
9
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
1137413 SG1CI0000005 Penguin
International
Limited
Asia Singapore 27/04/2017 Annual Against 6 Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135116 SG1CI3000002 Baker Technology
Limited
Asia Singapore 25/04/2017 Annual Against 8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1134492 SG1D25001158 Haw Par
Corporation Limited
Asia Singapore 27/04/2017 Annual Against 8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1127312 SG1F60858221 Singapore
Technologies
Engineering Ltd.
Asia Singapore 21/04/2017 Annual All For
1136974 SG1F66858902 InnoTek Limited Asia Singapore 27/04/2017 Annual Against 6,7 Policy Rationale:Issue of equity raises concerns
about excessive dilution of existing shareholders
1132857 SG1G47869290 CSE Global Limited Asia Singapore 20/04/2017 Annual Against 8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1132888 SG1G47869290 CSE Global Limited Asia Singapore 20/04/2017 Special Against 2
1
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
1131391 SG1H41875896 Ho Bee Land
Limited
Asia Singapore 25/04/2017 Annual Against 8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1131416 SG1H97877952 Sembcorp Marine
Ltd.
Asia Singapore 18/04/2017 Annual All For
1128596 SG1I55882803 Great Eastern
Holdings Limited
Asia Singapore 18/04/2017 Annual Against 3a1 Lack of independent representation at board
committees
1131409 SG1J27887962 CapitaLand Limited Asia Singapore 24/04/2017 Annual All For
1134126 SG1J94892465 UMS Holdings
Limited
Asia Singapore 28/04/2017 Annual Against 8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1134164 SG1J94892465 UMS Holdings
Limited
Asia Singapore 28/04/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135119 SG1K25001639 United Engineers
Limited
Asia Singapore 25/04/2017 Annual All For
1135123 SG1K37001643 United Industrial
Corporation Limited
Asia Singapore 28/04/2017 Annual Against 4d
6A
4a
4c
Concerns related to attendance at board or
committee meetingsLack of independence on board
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
Lack of independence on boardOverboarded/Too
many other time commitments
1129844 SG1L01001701 DBS Group
Holdings Ltd.
Asia Singapore 27/04/2017 Annual All For
1129464 SG1M31001969 United Overseas
Bank Limited
Asia Singapore 20/04/2017 Annual All For
1122743 SG1M51904654 CapitaLand Mall
Trust
Asia Singapore 13/04/2017 Annual Against 3 Issue of equity raises concerns about excessive
dilution of existing shareholders
1157752 SG1M77906915 Ascendas Real
Estate Investment
Trust
Asia Singapore 29/06/2017 Annual Against 3 Issue of equity raises concerns about excessive
dilution of existing shareholders
1129107 SG1N31909426 ComfortDelGro
Corporation Limited
Asia Singapore 26/04/2017 Annual All For
1138324 SG1N72002107 Wheelock
Properties
(Singapore) Limited
Asia Singapore 28/04/2017 Annual Against 6 Concerns related to inappropriate membership of
committees
1125485 SG1P32918333 CapitaLand
Commercial Trust
Asia Singapore 18/04/2017 Annual Against 3 Issue of equity raises concerns about excessive
dilution of existing shareholders
1130927 SG1Q52922370 Suntec Real Estate
Investment Trust
Asia Singapore 18/04/2017 Annual Against 6 Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1129109 SG1R50925390 Sembcorp
Industries Limited
Asia Singapore 19/04/2017 Annual All For
1128586 SG1R89002252 City Developments
Limited
Asia Singapore 25/04/2017 Annual All For
1134500 SG1S04926220 Oversea-Chinese
Banking
Corporation Limited
Asia Singapore 28/04/2017 Annual All For
1132499 SG1S11926551 Asia Enterprises
Holdings Limited
Asia Singapore 20/04/2017 Annual Against 7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1130914 SG1S83002349 UOL Group Limited Asia Singapore 26/04/2017 Annual Against 9
10
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
1131389 SG1T06929205 China Aviation Oil
(Singapore)
Corporation Ltd.
Asia Singapore 18/04/2017 Annual Against 9 Issue of equity raises concerns about excessive
dilution of existing shareholders
1124842 SG1T08929278 Ascott Residence
Trust
Asia Singapore 19/04/2017 Annual Against 3 Issue of equity raises concerns about excessive
dilution of existing shareholders
1120415 SG1T08929278 Ascott Residence
Trust
Asia Singapore 19/04/2017 Special All For
1130932 SG1T22929874 Keppel REIT Asia Singapore 21/04/2017 Annual Against 8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1137824 SG1T29930156 World Precision
Machinery Limited
Asia Singapore 28/04/2017 Annual Against 6 Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1132223 SG1T56930848 Wilmar
International
Limited
Asia Singapore 26/04/2017 Annual Against 10
9
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
1135766 SG1T57930854 Yanlord Land Group
Limited
Asia Singapore 27/04/2017 Annual Against 4b
7
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
1130926 SG1T66931158 CDL Hospitality
Trusts
Asia Singapore 26/04/2017 Annual Against 3 Issue of equity raises concerns about excessive
dilution of existing shareholders
1135115 SG1T70931228 Cambridge
Industrial Trust
Asia Singapore 25/04/2017 Annual Against 3 Issue of equity raises concerns about excessive
dilution of existing shareholders
1124837 SG1U25933169 CapitaLand Retail
China Trust
Asia Singapore 19/04/2017 Annual Against 3 Issue of equity raises concerns about excessive
dilution of existing shareholders
1131413 SG1U27933225 First Real Estate
Investment Trust
Asia Singapore 18/04/2017 Annual Against 3 Issue of equity raises concerns about excessive
dilution of existing shareholders
1135923 SG1U47933908 Indofood Agri
Resources Ltd.
Asia Singapore 27/04/2017 Annual Against 4b
6
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1130664 SG1U68934629 Keppel Corporation
Limited
Asia Singapore 21/04/2017 Annual Against 8
3
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independent representation at board
committees
1130935 SG1U76934819 Yangzijiang
Shipbuilding
(Holdings) Ltd.
Asia Singapore 28/04/2017 Annual Against 7 Issue of equity raises concerns about excessive
dilution of existing shareholders
1125481 SG1U89935555 M1 Limited Asia Singapore 12/04/2017 Annual Against 9,10,11
12
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
1125525 SG1V12936232 StarHub Ltd. Asia Singapore 12/04/2017 Annual Against 8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1125526 SG1V12936232 StarHub Ltd. Asia Singapore 12/04/2017 Special All For
1131403 SG1V52937132 Parkway Life Real
Estate Investment
Trust
Asia Singapore 24/04/2017 Annual All For
1131405 SG1W27938677 Lippo Malls
Indonesia Retail
Trust
Asia Singapore 21/04/2017 Annual Against 3 Issue of equity raises concerns about excessive
dilution of existing shareholders
1137399 SG1W35938974 First Resources Ltd. Asia Singapore 28/04/2017 Annual Against 4
8
Concerns related to attendance at board or
committee meetings
Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1136983 SG1W38939029 Ezion Holdings
Limited
Asia Singapore 27/04/2017 Annual Against 8
6
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
1130673 SG1Z70955880 Cache Logistics
Trust
Asia Singapore 19/04/2017 Annual Against 3 Issue of equity raises concerns about excessive
dilution of existing shareholders
1137414 SG2B80958517 OUE Limited Asia Singapore 28/04/2017 Annual Against 6
4a
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1136631 SG2C57965205 Sabana Shariah
Compliant
Industrial REIT
Asia Singapore 28/04/2017 Annual Against 3 Issue of equity raises concerns about excessive
dilution of existing shareholders
1134511 SG2C57965205 Sabana Shariah
Compliant
Industrial REIT
Asia Singapore 28/04/2017 Special All For
1134494 SG2D00968206 Hutchison Port
Holdings Trust
Asia Singapore 24/04/2017 Annual Against 3 Issue of equity raises concerns about excessive
dilution of existing shareholders
1135783 SG2D51973063 Centurion
Corporation Limited
Asia Singapore 26/04/2017 Annual Against 8 Issue of equity raises concerns about excessive
dilution of existing shareholders
1137879 SG2D54973185 Sheng Siong Group
Ltd.
Asia Singapore 28/04/2017 Annual Against 10,11
9
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1134495 SG2E67980267 Bumitama Agri Ltd. Asia Singapore 21/04/2017 Annual Against 9 Issue of equity raises concerns about excessive
dilution of existing shareholders
1130678 SG2F08984575 Far East Hospitality
Trust
Asia Singapore 17/04/2017 Annual Against 2
3
Concerns related to Non-audit fees
Issue of equity raises concerns about excessive
dilution of existing shareholders
1137397 SG2F77993036 Asian Pay
Television Trust
Asia Singapore 27/04/2017 Annual Against 3 Issue of equity raises concerns about excessive
dilution of existing shareholders
1129105 SG2G03994610 OUE Hospitality
Trust
Asia Singapore 20/04/2017 Annual Against 6 Issue of equity raises concerns about excessive
dilution of existing shareholders
1128201 SG2G07995670 Soilbuild Business
Space REIT
Asia Singapore 20/04/2017 Annual Against 3 Issue of equity raises concerns about excessive
dilution of existing shareholders
1134746 SG2G19997136 Sino Grandness
Food Industry
Group Limited
Asia Singapore 25/04/2017 Annual Against 8,9
2
4
7
Apparent failure to link pay and appropriate
performance
Concerns related to attendance at board or
committee meetings
Concerns related to attendance at board or
committee meetingsOverboarded/Too many other
time commitments
Issue of equity raises concerns about excessive
dilution of existing shareholders
1152987 SG2G19997136 Sino Grandness
Food Industry
Group Limited
Asia Singapore 08/06/2017 Special Against 1 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1136803 SG2G31998161 Viva Industrial Trust Asia Singapore 27/04/2017 Annual Against 3 Issue of equity raises concerns about excessive
dilution of existing shareholders
1113427 SG9999003735 XP Power Ltd Asia Singapore 19/04/2017 Annual Against 13,14,15 Apparent failure to link pay & appropriate
performance
1114540 SG9999014823 Broadcom Limited Asia Singapore 05/04/2017 Annual All For
1116131 TH0001010006 Bangkok Bank
Public Co. Ltd
Emerging Markets Thailand 12/04/2017 Annual Against 6.1
10
Concerns related to succession planning
Insufficient/poor disclosure
1117930 TH0015010000 Siam Commercial
Bank PCL
Emerging Markets Thailand 11/04/2017 Annual Against 5.5 Concerns related to attendance at board or
committee meetings
1115798 TH0016010009 Kasikornbank PCL Emerging Markets Thailand 03/04/2017 Annual Against 9 Concerns related to Non-audit fees
1113847 TH0068010Z07 TMB Bank PCL Emerging Markets Thailand 07/04/2017 Annual Against 5.3
9
<p>Concerns related to attendance at board or
committee meetings</p>
<p>Insufficient/poor disclosure</p>
1114787 TH0083A10Z03 Thanachart Capital
PCL
Emerging Markets Thailand 05/04/2017 Annual Against 6.2
8
Concerns related to succession planning
Insufficient basis to support a decision
1115669 TH0088010002 Padaeng Industry
PCL
Emerging Markets Thailand 25/04/2017 Annual Against 6.1
9
Concerns related to succession planningConcerns
related to attendance at board or committee
meetings
Insufficient/poor disclosure
1116896 TH0101A10Z01 Charoen Pokphand
Foods PCL
Emerging Markets Thailand 25/04/2017 Annual All For
1150111 TH0101A10Z01 Charoen Pokphand
Foods PCL
Emerging Markets Thailand 27/06/2017 Special All For
1115815 TH0121010001 Kiatnakin Bank
Public Co Ltd
Emerging Markets Thailand 24/04/2017 Annual Against 7 Insufficient/poor disclosure
1123350 TH0122B10Z05 KCE Electronics
Public Company
Limited
Emerging Markets Thailand 27/04/2017 Annual Against 9 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1114803 TH0128B10Z09 Minor International
PCL
Emerging Markets Thailand 04/04/2017 Annual All For
1115678 TH0137A10Y00 Asia Plus Group
Holdings Public
Company Limited
Emerging Markets Thailand 19/04/2017 Annual Against 10 Insufficient/poor disclosure
1117929 TH0143010Z08 Land & Houses
Public Co. Ltd.
Emerging Markets Thailand 27/04/2017 Annual Against 5.2
9
Concerns related to succession planning
Insufficient/poor disclosure
1116119 TH0148A10Z06 Banpu PCL Emerging Markets Thailand 04/04/2017 Annual All For
1125503 TH0150010Z03 Krung Thai Bank
Public Co., Ltd.
Emerging Markets Thailand 28/04/2017 Annual Against 8 Insufficient/poor disclosure
1117978 TH0168A10Z01 Bumrungrad
Hospital Public Co
Ltd
Emerging Markets Thailand 26/04/2017 Annual Against 9 <p>Insufficient/poor disclosure</p>
1115653 TH0171B10Z05 KGI Securities
(Thailand) PCL
Emerging Markets Thailand 11/04/2017 Annual Against 5.3
5.1
9
Concerns related to attendance at board or
committee meetings
Concerns related to succession planning
Insufficient/poor disclosure
1120422 TH0209010Z07 Thai Vegetable Oil
PCL
Emerging Markets Thailand 26/04/2017 Annual Against 9 Insufficient/poor disclosure
1113176 TH0221A10Z06 BTS Group Holdings
PCL
Emerging Markets Thailand 03/04/2017 Special Against 4 Insufficient/poor disclosure
1117352 TH0256A10Z04 Quality Houses PCL Emerging Markets Thailand 18/04/2017 Annual Against 10 Insufficient/poor disclosure
1117895 TH0264A10Z04 Bangkok Dusit
Medical Services
PCL
Emerging Markets Thailand 12/04/2017 Annual Against 12 Insufficient/poor disclosure
1116751 TH0266A10Z02 Srithai Superware
PCL
Emerging Markets Thailand 26/04/2017 Annual Against 8 Insufficient/poor disclosure
1114120 TH0279010Y01 Robinson Public
Company Limited
Emerging Markets Thailand 28/04/2017 Annual All For
1115291 TH0297010Z02 GFPT Public Co Ltd Emerging Markets Thailand 05/04/2017 Annual Against 5.1 Concerns related to inappropriate membership of
committees
1115787 TH0308010Y08 AP (Thailand) Public
Company Limited
Emerging Markets Thailand 27/04/2017 Annual Against 9 Insufficient/poor disclosure
1116123 TH0324B10Z01 Hana
Microelectronics
PCL
Emerging Markets Thailand 28/04/2017 Annual Against 8 Insufficient/poor disclosure
1115241 TH0371010Z05 Supalai Public Co
Ltd
Emerging Markets Thailand 21/04/2017 Annual Against 4.1,4.2 Concerns related to succession planning
1117926 TH0375010Z06 True Corporation
PCL
Emerging Markets Thailand 28/04/2017 Annual Against 4.6 <p>Concerns related to attendance at board or
committee meetings</p>
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1119888 TH0409010Z03 Lanna Resources
PCL
Emerging Markets Thailand 25/04/2017 Annual Against 8
5.1,5.2,5.3,5.4
Insufficient/poor disclosure
Lack of independence on board
1114134 TH0420010Y01 Bangchak
Corporation Public
Company Limited
Emerging Markets Thailand 05/04/2017 Annual Against 9 Insufficient/poor disclosure
1114868 TH0450010Y08 Thai Union Group
Public Company
Limited
Emerging Markets Thailand 05/04/2017 Annual Against 7 Concerns related to Non-audit fees
1113641 TH0471010Y04 IRPC Public
Company Limited
Emerging Markets Thailand 04/04/2017 Annual Against 7 Insufficient/poor disclosure
1115776 TH0475010Z04 Vinythai Public Co
Ltd
Emerging Markets Thailand 27/04/2017 Annual Against 5.2
9
Concerns related to succession planningConcerns
related to attendance at board or committee
meetings
Insufficient/poor disclosure
1120904 TH0480A10Z02 MBK Public
Company Ltd.
Emerging Markets Thailand 26/04/2017 Annual Against 5.1
8
Concerns related to succession planning
Insufficient/poor disclosure
1117356 TH0481B10Z00 Central Pattana PCL Emerging Markets Thailand 24/04/2017 Annual Against 8 Insufficient/poor disclosure
1117272 TH0533010Z00 Vanachai Group PCL Emerging Markets Thailand 26/04/2017 Annual Against 5.4,5.5
5.1
8
Concerns about overall board structure
Concerns related to succession planning
Insufficient/poor disclosure
1117411 TH0577C10Z04 Sansiri PCL Emerging Markets Thailand 20/04/2017 Annual Against 9 Insufficient/poor disclosure
1116757 TH0588010Z04 Dhipaya Insurance
Public Co Ltd
Emerging Markets Thailand 24/04/2017 Annual Against 5.1
8
Concerns related to succession planning
Insufficient/poor disclosure
1122256 TH0592010Z06 BEC World Public
Company Limited
Emerging Markets Thailand 27/04/2017 Annual Against 5.1 <p>Concerns related to inappropriate membership
of committees</p>
1113855 TH0637010008 Ratchaburi
Electricity
Generating Holding
PCL
Emerging Markets Thailand 05/04/2017 Annual Against 5
9
Concerns related to Non-audit fees
Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1124883 TH0646010007 PTT PCL Emerging Markets Thailand 28/04/2017 Annual Against 7
8
A Concerns to protect shareholder value
Insufficient/poor disclosure
1117358 TH0661010007 Home Product
Center Public Co.
Ltd.
Emerging Markets Thailand 05/04/2017 Annual Against 12 Insufficient/poor disclosure
1114543 TH0671010Z08 Major Cineplex
Group PCL
Emerging Markets Thailand 05/04/2017 Annual Against 5.3
9
Concerns related to attendance at board or
committee meetings
Insufficient/poor disclosure
1113637 TH0689010005 Krungthai Card
Public Company Ltd.
Emerging Markets Thailand 18/04/2017 Annual Against 9
5.1,5.3
Insufficient/poor disclosure
Lack of independence on board
1114833 TH0697010Z03 Ratchthani Leasing
PCL
Emerging Markets Thailand 04/04/2017 Annual Against 9 Insufficient disclosure
1114111 TH0712010006 Advanced
Information
Technology PCL
Emerging Markets Thailand 11/04/2017 Annual Against 5.1
8
Concerns related to attendance at board or
committee meetings
Insufficient/poor disclosure
1116113 TH0737010Y08 CP All PCL Emerging Markets Thailand 20/04/2017 Annual Against 5.1,5.2
5.5
9
Concerns related to attendance at board or
committee meetings
Concerns related to inappropriate membership of
committees
Insufficient/poor disclosure
1115695 TH0747A10Z01 SC Asset
Corporation PCL
Emerging Markets Thailand 21/04/2017 Annual All For
1113845 TH0796010005 Thai Oil Public
Company Limited
Emerging Markets Thailand 07/04/2017 Annual Against 7 Insufficient/poor disclosure
1114522 TH0823010002 Somboon Advance
Technology Public
Co Ltd
Emerging Markets Thailand 19/04/2017 Annual All For
1114549 TH0826010009 THAI METAL TRADE
PUBLIC CO LTD
Emerging Markets Thailand 05/04/2017 Annual Against 5.2
9
Concerns about candidate's experience/skills
Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1115333 TH0834010009 Glow Energy Public
Co. Ltd.
Emerging Markets Thailand 26/04/2017 Annual Against 5.1
8
Concerns related to succession planning
Insufficient/poor disclosure
1115648 TH0961010Y04 TTW Public Co., Ltd. Emerging Markets Thailand 18/04/2017 Annual Against 8 Insufficient/poor disclosure
1114137 TH0999010Z03 TISCO Financial
Group Public Co Ltd
Emerging Markets Thailand 20/04/2017 Annual Against 5.2B Concerns related to attendance at board or
committee meetings
1114533 TH1027010004 Indorama Ventures
PCL
Emerging Markets Thailand 26/04/2017 Annual Against 5.3
8
<p>Concerns related to attendance at board or
committee meetings</p>
<p>Insufficient/poor disclosure</p>
1114812 TH1074010006 PTT Global
Chemical Public
Co., Ltd.
Emerging Markets Thailand 05/04/2017 Annual Against 7 Insufficient/poor disclosure
1116228 TH3545010003 Energy Absolute
Public Company Ltd
Emerging Markets Thailand 27/04/2017 Annual Against 6.3 <p>Concerns related to attendance at board or
committee meetings</p>
1116719 TH4539010Z03 Chularat Hospital
PCL
Emerging Markets Thailand 20/04/2017 Annual Against 10 Insufficient/poor disclosure
1116712 TH4577010002 MK Restaurants
Group PCL
Emerging Markets Thailand 26/04/2017 Annual Against 8 Insufficient/poor disclosure
1116122 TH4984010009 Mega Lifesciences
Public Company
Limited
Emerging Markets Thailand 11/04/2017 Annual Against 10 Insufficient/poor disclosure
1115720 TH6141010004 WHA Premium
Growth Freehold
and Leasehold Real
Investment Trust
Emerging Markets Thailand 05/04/2017 Annual Against 5 Insufficient/poor disclosure
1113667 TH6329010008 The Platinum
Group Public
Company Limited
Emerging Markets Thailand 25/04/2017 Annual Against 8 Insufficient/poor disclosure
1117374 TH6927010004 Taokaenoi Food &
Marketing Public
Company Limited
Emerging Markets Thailand 26/04/2017 Annual Against 5.2
8
Concerns related to attendance at board or
committee meetings
Insufficient/poor disclosure
1115278 TH7585010005 Hemaraj Leasehold
Real Estate
Investment Trust
Emerging Markets Thailand 24/04/2017 Annual Against 4 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1151195 TH7585010005 Hemaraj Leasehold
Real Estate
Investment Trust
Emerging Markets Thailand 21/06/2017 Special Against 5.2
7
Concerns to protect shareholder value
Insufficient/poor disclosure
1118962 TN0001100254 Societe de
Fabrication des
Boissons de Tunisie
Emerging Markets Tunisia 11/04/2017 Annual Against 4
7,8,9,14
Insufficient basis to support a decision
Insufficient/poor disclosure
1118964 TN0001100254 Societe de
Fabrication des
Boissons de Tunisie
Emerging Markets Tunisia 11/04/2017 Special All For
1132759 TRAAEFES91A9 Anadolu Efes
Biracilik ve Malt
Sanayii A.S.
Emerging Markets Turkey 27/04/2017 Annual All For
1122093 TRAALARK91Q0 Alarko Holding AS Emerging Markets Turkey 17/04/2017 Annual Against 8 Insufficient/poor disclosure
1130511 TRAGUBRF91E2 Gubre Fabrikalari
T.A.S.
Emerging Markets Turkey 11/05/2017 Annual All For
1120313 TRAIZMDC91G6 Izmir Demir Celik
Sanayi AS
Emerging Markets Turkey 04/04/2017 Annual Against 6 Insufficient/poor disclosure
1111198 TRATCELL91M1 Turkcell Iletisim
Hizmet AS
Emerging Markets Turkey 25/05/2017 Annual Against 9 Insufficient disclosure
1118213 TRATCELL91M1 Turkcell Iletisim
Hizmet AS
Emerging Markets Turkey 25/05/2017 Annual Against 9 Insufficient disclosure
1122123 TRATHYAO91M5 Turk Hava Yollari
A.O.
Emerging Markets Turkey 09/06/2017 Annual Against 12 Insufficient disclosure
1127038 TREBIMM00018 Bim Birlesik
Magazalar AS
Emerging Markets Turkey 18/04/2017 Annual All For
1124113 TRECOLA00011 Coca Cola Icecek
A.S.
Emerging Markets Turkey 10/04/2017 Annual Against 7 Insufficient/poor disclosure
1121297 TREEGYO00017 Emlak Konut
Gayrimenkul
Yatirim Ortakligi
A.S.
Emerging Markets Turkey 26/04/2017 Annual Against 8,10 Insufficient/poor disclosure
1125934 TRESLEC00014 Selcuk Ecza Deposu
AS
Emerging Markets Turkey 09/05/2017 Annual Against 8,9 Insufficient/poor disclosure
1119018 TRETHAL00019 Turkiye Halk
Bankasi A.S.
Emerging Markets Turkey 08/06/2017 Annual Against 6 Insufficient/poor disclosure
1145943 TRETRGY00018 Torunlar
Gayrimenkul
Yatirim Ortakligi AS
Emerging Markets Turkey 23/05/2017 Annual All For
1143278 TRETTLK00013 Turk
Telekomunikasyon
AS
Emerging Markets Turkey 21/06/2017 Annual All For
1137240 TREVEST00017 Vestel Beyaz Esya
Sanayi ve Ticaret AS
Emerging Markets Turkey 09/05/2017 Annual Against 12 Insufficient/poor disclosure
1116984 TREVKFB00019 Turkiye Vakiflar
Bankasi TAO
Emerging Markets Turkey 09/06/2017 Annual Against 7,8 Insufficient/poor disclosure
1129124 TW0001101004 Taiwan Cement
Corp.
Asia Taiwan 28/06/2017 Annual Against 6 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127320 TW0001102002 Asia Cement
Corporation
Asia Taiwan 27/06/2017 Annual Against 7 Insufficient/poor disclosure
1122792 TW0001215002 Charoen Pokphand
Enterprise (Taiwan)
Co., Ltd.
Asia Taiwan 15/06/2017 Annual Against 5 Insufficient/poor disclosure
1130224 TW0001216000 Uni-President
Enterprises Corp.
Asia Taiwan 21/06/2017 Annual All For
1127704 TW0001227007 Standard Foods
Corp
Asia Taiwan 22/06/2017 Annual Against 7 Insufficient/poor disclosure
1126897 TW0001301000 Formosa Plastics
Corp.
Asia Taiwan 13/06/2017 Annual Against 4 Insufficient/poor disclosure
1127510 TW0001303006 Nan Ya Plastics Corp Asia Taiwan 20/06/2017 Annual Against 8 Insufficient/poor disclosure
1124103 TW0001304004 USI Corporation Asia Taiwan 08/06/2017 Annual Against 7.9
4
9
Concerns related to attendance at board or
committee meetings
Concerns to protect shareholder value
Insufficient/poor disclosure
1123511 TW0001305001 China General
Plastics Corp.
Asia Taiwan 08/06/2017 Annual Against 7 Insufficient/poor disclosure
1121943 TW0001310001 Taiwan Styrene
Monomer Corp.
Asia Taiwan 01/06/2017 Annual All For
1126898 TW0001312007 Grand Pacific
Petrochemical Corp.
Asia Taiwan 16/06/2017 Annual Against 7 Insufficient/poor disclosure
1108491 TW0001313005 UPC Technology
Corp.
Asia Taiwan 13/06/2017 Annual Against 5 Insufficient/poor disclosure
1127433 TW0001319002 Tong Yang Industry
Co., Ltd.
Asia Taiwan 20/06/2017 Annual Against 7 Insufficient/poor disclosure
1124537 TW0001326007 Formosa Chemicals
& Fibre Corporation
Asia Taiwan 09/06/2017 Annual Against 4 Insufficient/poor disclosure
1127322 TW0001402006 Far Eastern New
Century Corp
Asia Taiwan 28/06/2017 Annual All For
1140489 TW0001416006 Kwong Fong
Industries
Corporation
Asia Taiwan 28/06/2017 Annual All For
1124536 TW0001434009 Formosa Taffeta
Co. Ltd.
Asia Taiwan 23/06/2017 Annual Against 5,6 Insufficient/poor disclosure
1128327 TW0001455004 Zig Sheng Industrial
Co Ltd
Asia Taiwan 14/06/2017 Annual All For
1124071 TW0001476000 Eclat Textile Co.,
Ltd.
Asia Taiwan 16/06/2017 Annual All For
1126974 TW0001477008 Makalot Industrial
Co., Ltd.
Asia Taiwan 19/06/2017 Annual Against 7 Insufficient/poor disclosure
1127756 TW0001504009 Teco Electric &
Machinery Co. Ltd.
Asia Taiwan 16/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1124347 TW0001507002 Yungtay
Engineering Co.,
Ltd.
Asia Taiwan 16/06/2017 Annual All For
1128337 TW0001517001 Lee Chi Enterprises
Co., Ltd.
Asia Taiwan 12/06/2017 Annual Against 7.5,7.6,7.7,8 Insufficient/poor disclosure
1124349 TW0001527000 Basso Industry Corp. Asia Taiwan 28/06/2017 Annual Against 3
4,5
Insufficient basis to support a decision
Insufficient/poor disclosure
1126945 TW0001536001 Hota Industrial
Manufacturing Co.,
Ltd.
Asia Taiwan 14/06/2017 Annual Against 8 Insufficient/poor disclosure
1129127 TW0001537009 Kung Long Batteries
Industrial Co., Ltd.
Asia Taiwan 13/06/2017 Annual All For
1126342 TW0001558005 Zeng Hsing
Industrial Co Ltd
Asia Taiwan 14/06/2017 Annual All For
1126946 TW0001565000 St. Shine Optical
Co., Ltd.
Asia Taiwan 14/06/2017 Annual All For
1129892 TW0001580009 Sinmag Equipment
Corp.
Asia Taiwan 19/06/2017 Annual All For
1124590 TW0001582005 Syncmold
Enterprise Corp.
Asia Taiwan 13/06/2017 Annual Against 4.1,4.2
5,6
Concerns about reducing shareholder rights
Insufficient/poor disclosure
1127853 TW0001602001 Pacific Electric Wire
and Cable Co. Ltd.
Asia Taiwan 08/06/2017 Annual Against 4 Insufficient/poor disclosure
1114247 TW0001605004 Walsin Lihwa Corp
of Taiwan
Asia Taiwan 26/05/2017 Annual Against 10.11,19
10.8,10.10,16,18
Concerns related to attendance at board or
committee meetings
Overboarded/Too many other time commitments
1122759 TW0001702009 Namchow Chemical
Industrial Co., Ltd.
Asia Taiwan 31/05/2017 Annual Against 12 Insufficient/poor disclosure
1125829 TW0001707008 Grape King Bio Ltd. Asia Taiwan 13/06/2017 Annual All For
1128365 TW0001709004 Formosan Union
Chemical Corp
Asia Taiwan 16/06/2017 Annual Against 8 Insufficient/poor disclosure
1105471 TW0001711000 Everlight Chemical
Industrial Corp.
Asia Taiwan 08/06/2017 Annual All For
1132896 TW0001712008 Sinon Corporation Asia Taiwan 16/06/2017 Annual All For
1128245 TW0001722007 Taiwan Fertilizer
Co., Ltd.
Asia Taiwan 14/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1114989 TW0001733004 Apex Biotechnology
Co., Ltd.
Asia Taiwan 02/06/2017 Annual All For
1126214 TW0002002003 China Steel
Corporation
Asia Taiwan 21/06/2017 Annual All For
1129186 TW0002006004 Tung Ho Steel
Enterprise Corp.
Asia Taiwan 16/06/2017 Annual Against 9 Insufficient/poor disclosure
1116385 TW0002015005 Feng Hsin Steel Co.,
Ltd.
Asia Taiwan 08/06/2017 Annual Against 4 Insufficient/poor disclosure
1123557 TW0002029006 Sheng Yu Steel Co
Ltd
Asia Taiwan 15/06/2017 Annual Against 7,9 Concerns about reducing shareholder rights
1124559 TW0002034006 YC Inox Co., Ltd. Asia Taiwan 15/06/2017 Annual All For
1126340 TW0002049004 Hiwin Technologies
Corp.
Asia Taiwan 28/06/2017 Annual All For
1116390 TW0002059003 King Slide Works
Co., Ltd.
Asia Taiwan 23/06/2017 Annual Against 3
4
Concerns to protect shareholder value
Insufficient/poor disclosure
1129123 TW0002104007 China Synthetic
Rubber Corporation
Asia Taiwan 16/06/2017 Annual Against 4
7
Concerns to protect shareholder value
Insufficient/poor disclosure
1125106 TW0002105004 Cheng Shin Rubber
Industry Co. Ltd.
Asia Taiwan 15/06/2017 Annual Against 8 Concerns about overall board structure
1125510 TW0002106002 Kenda Rubber
Industrial Co.
Asia Taiwan 15/06/2017 Annual Against 5 Insufficient/poor disclosure
1124128 TW0002107000 Formosan Rubber
Group Inc.
Asia Taiwan 08/06/2017 Annual All For
1125511 TW0002201001 Yulon Motor Asia Taiwan 22/06/2017 Annual Against 4 Insufficient basis to support a decision
1128680 TW0002204005 China Motor Corp Asia Taiwan 28/06/2017 Annual All For
1129534 TW0002207008 Hotai Motor Co Ltd Asia Taiwan 22/06/2017 Annual Against 5 Insufficient/poor disclosure
1124142 TW0002228004 Iron Force
Industrial Co.,Ltd.
Asia Taiwan 13/06/2017 Annual All For
1126135 TW0002233004 Turvo International
Co., Ltd.
Asia Taiwan 16/06/2017 Annual Against 6 Insufficient/poor disclosure
1116388 TW0002301009 Lite-On Technology
Corp.
Asia Taiwan 22/06/2017 Annual All For
1115413 TW0002303005 United
Microelectronics
Corp
Asia Taiwan 08/06/2017 Annual Against 6,7 Insufficient basis to support a decision
1118975 TW0002308004 Delta Electronics
Inc.
Asia Taiwan 13/06/2017 Annual Against 5 Insufficient/poor disclosure
1130938 TW0002311008 Advanced
Semiconductor
Engineering Inc.
Asia Taiwan 28/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1121631 TW0002313004 Compeq
Manufacturing Co
Ltd
Asia Taiwan 16/06/2017 Annual Against 8.9 Lack of independence on board
1129531 TW0002316007 Wus Printed Circuit
Co. Ltd.
Asia Taiwan 14/06/2017 Annual Against 11 Insufficient/poor disclosure
1132463 TW0002317005 Hon Hai Precision
Industry Co., Ltd.
Asia Taiwan 22/06/2017 Annual All For
1153604 TW0002317005 Hon Hai Precision
Industry Co., Ltd.
Asia Taiwan 22/06/2017 Annual All For
1129496 TW0002324001 Compal Electronics
Inc.
Asia Taiwan 22/06/2017 Annual Against 6 Insufficient/poor disclosure
1148460 TW0002325008 Siliconware
Precision Industries
Co., Ltd.
Asia Taiwan 28/06/2017 Annual All For
1126896 TW0002325008 Siliconware
Precision Industries
Co., Ltd.
Asia Taiwan 28/06/2017 Annual Against 6 Insufficient/poor disclosure
1119293 TW0002327004 Yageo Corp Asia Taiwan 07/06/2017 Annual Against 6 Insufficient/poor disclosure
1126937 TW0002329000 Orient
Semiconductor
Electronics Ltd.
Asia Taiwan 15/06/2017 Annual Against 4 Insufficient/poor disclosure
1113648 TW0002330008 Taiwan
Semiconductor
Manufacturing Co.,
Ltd.
Asia Taiwan 08/06/2017 Annual Against 3 Insufficient/poor disclosure
1148929 TW0002330008 Taiwan
Semiconductor
Manufacturing Co.,
Ltd.
Asia Taiwan 08/06/2017 Annual All For
1112686 TW0002332004 D-Link Corp. Asia Taiwan 28/04/2017 Annual Against 11 Insufficient/poor disclosure
1127706 TW0002344009 Winbond
Electronics
Corporation
Asia Taiwan 13/06/2017 Annual Against 14
5.11
Concerns about overall board structure
Concerns related to attendance at board or
committee meetings
1125694 TW0002345006 Accton Technology
Corp.
Asia Taiwan 15/06/2017 Annual All For
1124896 TW0002347002 Synnex Technology
International Corp.
Asia Taiwan 07/06/2017 Annual Against 5 Insufficient/poor disclosure
1126702 TW0002351004 SDI Corporation Asia Taiwan 21/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1121553 TW0002352002 Qisda Corporation Asia Taiwan 22/06/2017 Annual Against 6
4
1.5
Insufficient/poor disclosure
Issue of equity raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1130976 TW0002353000 Acer Inc. Asia Taiwan 21/06/2017 Annual All For
1130706 TW0002354008 Foxconn
Technology Co. Ltd
Asia Taiwan 22/06/2017 Annual All For
1126616 TW0002355005 Chin-Poon
Industrial Co., Ltd.
Asia Taiwan 22/06/2017 Annual Against 11.8 Lack of independence on board
1129497 TW0002356003 Inventec
Corporation
Asia Taiwan 16/06/2017 Annual Against 8.8 Overboarded/Too many other time commitments
1124588 TW0002357001 ASUSTeK Computer
Inc.
Asia Taiwan 07/06/2017 Annual All For
1114930 TW0002360005 Chroma ATE Inc. Asia Taiwan 08/06/2017 Annual Against 9.5,9.6 Concerns about overall board structure
1129535 TW0002367000 Unitech Printed
Circuit Board Corp.
Asia Taiwan 20/06/2017 Annual All For
1127514 TW0002374006 Ability Enterprise
Co., Ltd.
Asia Taiwan 23/06/2017 Annual Against 5 Insufficient/poor disclosure
1123514 TW0002376001 Gigabyte
Technology Co., Ltd.
Asia Taiwan 14/06/2017 Annual Against 6 Insufficient/poor disclosure
1127760 TW0002377009 Micro-Star
International Co.,
Ltd.
Asia Taiwan 15/06/2017 Annual Against 5 Insufficient/poor disclosure
1122646 TW0002379005 Realtek
Semiconductor
Corp.
Asia Taiwan 08/06/2017 Annual Against 7 Insufficient/poor disclosure
1129498 TW0002382009 Quanta Computer
Inc.
Asia Taiwan 16/06/2017 Annual Against 4 Insufficient/poor disclosure
1124040 TW0002383007 Elite Materials
Company
Asia Taiwan 13/06/2017 Annual All For
1121847 TW0002385002 Chicony Electronics
Co., Ltd.
Asia Taiwan 07/06/2017 Annual Against 6 Insufficient/poor disclosure
1127513 TW0002387008 Sunrex Technology
Corp
Asia Taiwan 16/06/2017 Annual All For
1124435 TW0002392008 Cheng Uei Precision
Industry Co. Ltd.
Asia Taiwan 08/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127332 TW0002393006 Everlight
Electronics Co., Ltd.
Asia Taiwan 16/06/2017 Annual All For
1119520 TW0002395001 Advantech Co., Ltd. Asia Taiwan 26/05/2017 Annual Against 12
10
Concerns related to potential conflict of interests 2-
Insufficient/poor disclosure
Insufficient/poor disclosure
1129887 TW0002404001 United Integrated
Services Co. Ltd
Asia Taiwan 22/06/2017 Annual All For
1121113 TW0002408002 Nanya Technology
Corp.
Asia Taiwan 26/05/2017 Annual Against 9 Insufficient/poor disclosure
1149289 TW0002409000 AU Optronics Corp Asia Taiwan 15/06/2017 Annual All For
1126333 TW0002409000 AU Optronics Corp Asia Taiwan 15/06/2017 Annual All For
1120056 TW0002412004 Chunghwa Telecom
Co., Ltd.
Asia Taiwan 23/06/2017 Annual All For
1150004 TW0002412004 Chunghwa Telecom
Co., Ltd.
Asia Taiwan 23/06/2017 Annual All For
1125594 TW0002421005 Sunonwealth
Electric Machine
Industry Co., Ltd.
Asia Taiwan 08/06/2017 Annual All For
1125150 TW0002428000 Thinking Electronic
Industrial Co., Ltd.
Asia Taiwan 20/06/2017 Annual Against 10 Insufficient/poor disclosure
1116140 TW0002439007 Merry Electronics
Co., Ltd.
Asia Taiwan 14/06/2017 Annual All For
1114931 TW0002441003 Greatek Electronics
Inc.
Asia Taiwan 31/05/2017 Annual All For
1124135 TW0002448008 Epistar Corp. Asia Taiwan 21/06/2017 Annual Against 4
3
Concerns to protect shareholder value
Issue of equity raises concerns about excessive
dilution of existing shareholders
1118901 TW0002449006 King Yuan
ELECTRONICS CO.,
LTD.
Asia Taiwan 08/06/2017 Annual All For
1121552 TW0002451002 Transcend
Information Inc.
Asia Taiwan 16/06/2017 Annual Against 6 Insufficient/poor disclosure
1126216 TW0002454006 MediaTek Inc. Asia Taiwan 15/06/2017 Annual Against 8 Insufficient/poor disclosure
1122301 TW0002459005 Audix Corp. Asia Taiwan 16/06/2017 Annual All For
1120984 TW0002467008 C-Sun
Manufacturing Ltd.
Asia Taiwan 08/06/2017 Annual Against 8 Concerns to protect shareholder value
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1124139 TW0002474004 Catcher Technology
Co., Ltd.
Asia Taiwan 19/06/2017 Annual Against 5 Insufficient/poor disclosure
1126613 TW0002475001 Chunghwa Picture
Tubes Ltd.
Asia Taiwan 26/06/2017 Annual Against 4
5
Insufficient basis to support a decision
Insufficient/poor disclosure
1126147 TW0002476009 G-Shank Enterprise
Co., Ltd.
Asia Taiwan 16/06/2017 Annual Against 6 Insufficient/poor disclosure
1126901 TW0002481009 Pan Jit
International Inc.
Asia Taiwan 13/06/2017 Annual All For
1124539 TW0002489002 AmTRAN
Technology Co., Ltd.
Asia Taiwan 13/06/2017 Annual All For
1119890 TW0002498003 HTC Corporation Asia Taiwan 15/06/2017 Annual Against 4 Insufficient/poor disclosure
1128720 TW0002520004 Kindom
Construction Corp.
Asia Taiwan 16/06/2017 Annual Against 4 Insufficient/poor disclosure
1125567 TW0002535002 Da-Cin
Construction Co Ltd
Asia Taiwan 08/06/2017 Annual All For
1126899 TW0002536000 Hung Poo Real
Estate
Development Co Ltd
Asia Taiwan 15/06/2017 Annual All For
1126973 TW0002538006 Kee Tai Properties
Co., Ltd.
Asia Taiwan 13/06/2017 Annual Against 6 Insufficient/poor disclosure
1127436 TW0002542008 Highwealth
Construction Corp
Asia Taiwan 13/06/2017 Annual All For
1120569 TW0002548005 Huaku
Development Co.,
Ltd.
Asia Taiwan 07/06/2017 Annual Against 4 Insufficient/poor disclosure
1130974 TW0002603008 Evergreen Marine
Corp.
Asia Taiwan 22/06/2017 Annual All For
1130940 TW0002610003 China Airlines Ltd. Asia Taiwan 22/06/2017 Annual Against 6 Insufficient/poor disclosure
1124132 TW0002615002 Wan Hai Lines
Limited
Asia Taiwan 22/06/2017 Annual Against 3.6 Concerns related to attendance at board or
committee meetings
1133035 TW0002616000 Shan-Loong
Transportation Co.,
Ltd.
Asia Taiwan 22/06/2017 Annual Against 9,10 Insufficient/poor disclosure
1130278 TW0002618006 Eva Airways Corp. Asia Taiwan 26/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1120918 TW0002633005 Taiwan High Speed
Rail Corporation
Asia Taiwan 24/05/2017 Annual Against No Action Taken 12
4.11
Concerns related to attendance at board or
committee meetings
Concerns related to attendance at board or
committee meetings
1125111 TW0002707007 Formosa
International
Hotels Corporation
Asia Taiwan 28/06/2017 Annual All For
1127321 TW0002801008 Chang Hwa
Commercial Bank
Ltd.
Asia Taiwan 16/06/2017 Annual Against No Action Taken 6.13,6.15,6.17
6.3,6.4,6.5,6.6,6.7,6.12
Concerns about overall board structure
Concerns about overall board structure
1117927 TW0002809001 King's Town Bank Asia Taiwan 17/05/2017 Annual Against 6 Insufficient/poor disclosure
1124129 TW0002812005 Taichung
Commercial Bank
Asia Taiwan 07/06/2017 Annual Against 6.1
7
Concerns related to attendance at board or
committee meetings
Insufficient/poor disclosure
1114946 TW0002820008 China Bills Finance
Corp.
Asia Taiwan 26/05/2017 Annual Against 4 Insufficient/poor disclosure
1115801 TW0002823002 China Life
Insurance Co., Ltd
Asia Taiwan 26/05/2017 Annual Against 9
7.7,7.8
Insufficient/poor disclosure
Lack of independence on board
1126614 TW0002834009 Taiwan Business
Bank
Asia Taiwan 16/06/2017 Annual All For
1124136 TW0002836004 Bank of Kaohsiung
Co., Ltd.
Asia Taiwan 22/06/2017 Annual Against 7
6.11,6.12
Insufficient/poor disclosure
Lack of independence on board
1121001 TW0002849007 EnTie Commercial
Bank
Asia Taiwan 16/06/2017 Annual All For
1133055 TW0002852001 First Insurance Co.,
Ltd. (The)
Asia Taiwan 28/06/2017 Annual All For
1125831 TW0002867009 Mercuries Life
Insurance Co., Ltd.
Asia Taiwan 23/06/2017 Annual Against 7.7,7.8
3
Concerns about overall board structure
Issue of equity raises concerns about excessive
dilution of existing shareholders
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1128777 TW0002880002 Hua Nan Financial
Holdings Co., Ltd.
Asia Taiwan 28/06/2017 Annual All For
1109508 TW0002881000 Fubon Financial
Holding Co. Ltd.
Asia Taiwan 16/06/2017 Annual All For
1120900 TW0002882008 Cathay Financial
Holding Co., Ltd.
Asia Taiwan 16/06/2017 Annual Against 5.1 Overboarded/Too many other time commitments
1109620 TW0002883006 China Development
Financial Holding
Corp.
Asia Taiwan 16/06/2017 Annual All For
1127710 TW0002884004 E.SUN Financial
Holding Co., Ltd.
Asia Taiwan 16/06/2017 Annual All For
1118310 TW0002885001 Yuanta Financial
Holding Co Ltd.
Asia Taiwan 08/06/2017 Annual All For
1129855 TW0002886009 Mega Financial
Holding Co. Ltd.
Asia Taiwan 16/06/2017 Annual All For
1116154 TW0002887007 Taishin Financial
Holding Co., Ltd.
Asia Taiwan 16/06/2017 Annual All For
1128180 TW0002888005 Shin Kong Financial
Holding Co., Ltd.
Asia Taiwan 16/06/2017 Annual Against No Action Taken 4.21
4.3,4.4,4.5,4.16,4.17
Concerns about overall board structure
Concerns about overall board structure
1127709 TW0002890001 SinoPac Financial
Holdings Co. Ltd.
Asia Taiwan 14/06/2017 Annual All For
1129533 TW0002891009 CTBC Financial
Holding Co., Ltd.
Asia Taiwan 16/06/2017 Annual Against 5 Insufficient/poor disclosure
1126939 TW0002892007 First Financial
Holding Co. Ltd.
Asia Taiwan 16/06/2017 Annual Against 6 Insufficient/poor disclosure
1125189 TW0002903002 Far Eastern
Department Stores
Ltd.
Asia Taiwan 20/06/2017 Annual All For
1115415 TW0002912003 President Chain
Store Corp.
Asia Taiwan 13/06/2017 Annual All For
1127762 TW0002915006 Ruentex Industries
Ltd.
Asia Taiwan 22/06/2017 Annual Against 4
5
Insufficient/poor disclosure
1127331 TW0003006003 Elite
Semiconductor
Memory
Technology Inc.
Asia Taiwan 14/06/2017 Annual All For
1114654 TW0003008009 Largan Precision
Co., Ltd.
Asia Taiwan 14/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1115419 TW0003010005 Wah Lee Industrial
Corp.
Asia Taiwan 26/05/2017 Annual Against 7.8
7.7,7.9
Concerns related to attendance at board or
committee meetingsLack of independence on board
Lack of independence on board
1116391 TW0003014007 ITE Tech., Inc. Asia Taiwan 14/06/2017 Annual All For
1125112 TW0003015004 FSP Technology Inc Asia Taiwan 08/06/2017 Annual Against 9.1
10
Concerns about overall board structure
Insufficient/poor disclosure
1128723 TW0003022000 IEI Integration Corp Asia Taiwan 16/06/2017 Annual All For
1115423 TW0003030003 Test Research Co.,
Ltd.
Asia Taiwan 26/05/2017 Annual Against 9 Insufficient/poor disclosure
1123047 TW0003034005 Novatek
Microelectronics
Corp. Ltd.
Asia Taiwan 07/06/2017 Annual All For
1134753 TW0003036000 WT
Microelectronics
Co., Ltd.
Asia Taiwan 26/06/2017 Annual All For
1130279 TW0003037008 Unimicron
Technology Corp.
Asia Taiwan 21/06/2017 Annual All For
1121214 TW0003042008 TXC Corp. Asia Taiwan 08/06/2017 Annual All For
1114932 TW0003044004 Tripod Technology
Corporation
Asia Taiwan 22/06/2017 Annual All For
1110288 TW0003045001 Taiwan Mobile Co.,
Ltd.
Asia Taiwan 14/06/2017 Annual Against 6.6,10 Lack of independence on board
1125195 TW0003060000 Min Aik Technology
Co., Ltd.
Asia Taiwan 16/06/2017 Annual Against 7
6.5
Insufficient/poor disclosure
Lack of independence on board
1141604 TW0003078002 Channel Well
Technology Co., Ltd.
Asia Taiwan 26/06/2017 Annual All For
1113464 TW0003081006 LandMark
Optoelectronics
Corporation
Asia Taiwan 03/05/2017 Annual All For
1126905 TW0003105003 WIN
Semiconductors
Corp
Asia Taiwan 16/06/2017 Annual All For
1112524 TW0003189007 Kinsus Interconnect
Technology Corp.
Asia Taiwan 26/05/2017 Annual Against 8 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1118978 TW0003211009 Dynapack
International
Technology Corp.
Asia Taiwan 08/06/2017 Annual Against 7,8 Insufficient/poor disclosure
1125113 TW0003231007 Wistron Corp. Asia Taiwan 14/06/2017 Annual All For
1127266 TW0003264008 Ardentec Corp. Asia Taiwan 28/06/2017 Annual Against 10
8.11,8.12
Insufficient/poor disclosure
Lack of independence on board
1121115 TW0003305009 Shenmao
Technology Inc.
Asia Taiwan 08/06/2017 Annual All For
1120595 TW0003376000 Shin Zu Shing Co.,
Ltd.
Asia Taiwan 22/06/2017 Annual All For
1112817 TW0003443008 Global UniChip
Corp.
Asia Taiwan 18/05/2017 Annual Against 4.5,4.6,4.7
6
Concerns about overall board structure
Insufficient/poor disclosure
1123563 TW0003450003 Elite Advanced
Laser Corp.
Asia Taiwan 14/06/2017 Annual All For
1113042 TW0003481008 Innolux Corp Asia Taiwan 20/06/2017 Annual All For
1126752 TW0003501003 Well Shin
Technology Co., Ltd.
Asia Taiwan 15/06/2017 Annual Against 3
6
5.1
Concerns to protect shareholder value
Insufficient/poor disclosure
Lack of independence on board
1115425 TW0003529004 eMemory
Technology Inc.
Asia Taiwan 13/06/2017 Annual All For
1125115 TW0003533006 LOTES Co., Ltd. Asia Taiwan 14/06/2017 Annual All For
1123859 TW0003552006 Tung Thih
Electronic Co., Ltd.
Asia Taiwan 15/06/2017 Annual Against 7 Insufficient/poor disclosure
1126751 TW0003558003 SENAO NETWORKS
INC
Asia Taiwan 08/06/2017 Annual All For
1126102 TW0003576005 Neo Solar Power
Corp.
Asia Taiwan 14/06/2017 Annual Against 8
4,5
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
1120572 TW0003592002 Raydium
Semiconductor
Corp.
Asia Taiwan 13/06/2017 Annual Against 4.5,4.6
5
Concerns about overall board structure
Insufficient/poor disclosure
1126736 TW0003596003 Arcadyan
Technology Corp.
Asia Taiwan 13/06/2017 Annual Against 4.1,4.2,4.3,4.4,4.5,4.6
4.7,4.8,4.9
6
Concerns related to succession planning
Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1124042 TW0003682001 Asia Pacific
Telecom Co., Ltd.
Asia Taiwan 15/06/2017 Annual All For
1129890 TW0003702007 WPG Holdings Co.,
Ltd.
Asia Taiwan 19/06/2017 Annual Against 4.9,4.10,4.11 Lack of independence on board
1122309 TW0004105002 TTY Biopharm Co.,
Ltd.
Asia Taiwan 16/06/2017 Annual All For
1119413 TW0004147004 TaiMed Biologics Inc Asia Taiwan 26/05/2017 Annual Against 8 Insufficient/poor disclosure
1121554 TW0004174008 OBI Pharma Inc Asia Taiwan 28/06/2017 Annual Against 4 Insufficient/poor disclosure
1124562 TW0004401005 Toung Loong
Textile Mfg Co Ltd
Asia Taiwan 07/06/2017 Annual Against 6 Insufficient/poor disclosure
1124560 TW0004532007 Rechi Precision Co.,
Ltd.
Asia Taiwan 22/06/2017 Annual Against 12 Concerns about reducing shareholder rights
1113742 TW0004904008 Far EasTone
Telecommunication
s Co., Ltd.
Asia Taiwan 23/06/2017 Annual All For
1124558 TW0004906003 Gemtek Technology
Co Ltd
Asia Taiwan 08/06/2017 Annual Against 5 Insufficient/poor disclosure
1133147 TW0004909007 New Era Electronics
Co., Ltd.
Asia Taiwan 27/06/2017 Annual Against 5,6
4.1,4.2
Insufficient/poor disclosure
Lack of independence on board
1120417 TW0004915004 Primax Electronics
Ltd.
Asia Taiwan 25/05/2017 Annual All For
1123028 TW0004938006 Pegatron Corp. Asia Taiwan 20/06/2017 Annual All For
1125699 TW0004942008 Chia Chang Co Ltd. Asia Taiwan 13/06/2017 Annual All For
1116779 TW0004952007 Generalplus
Technology Inc
Asia Taiwan 14/06/2017 Annual Against 8 Insufficient/poor disclosure
1124350 TW0005009005 Gloria Material
Technology Corp.
Asia Taiwan 02/06/2017 Annual Against 7
6.7
Insufficient/poor disclosure
Lack of independence on board
1131759 TW0005203004 CyberLink Corp. Asia Taiwan 20/06/2017 Annual Against 4
3.1
Concerns about reducing shareholder rights
Lack of independence on board
1126941 TW0005305007 Lite-On
Semiconductor
Corp.
Asia Taiwan 16/06/2017 Annual Against 3 Insufficient basis to support a decision
1114952 TW0005347009 Vanguard
International
Semiconductor
Corp.
Asia Taiwan 16/06/2017 Annual Against 4 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1132916 TW0005356000 Sirtec International
Co., Ltd.
Asia Taiwan 13/06/2017 Annual All For
1128778 TW0005371009 Coretronic
Corporation
Asia Taiwan 14/06/2017 Annual All For
1128685 TW0005388003 SerComm Corp. Asia Taiwan 22/06/2017 Annual All For
1129126 TW0005425003 Taiwan
Semiconductor Co.,
Ltd.
Asia Taiwan 13/06/2017 Annual Against 4 Insufficient/poor disclosure
1126332 TW0005434005 TOPCO Scientific
Co., Ltd.
Asia Taiwan 14/06/2017 Annual Against 6 Concerns about reducing shareholder rights
1126313 TW0005478002 Soft-World
International Corp.
Asia Taiwan 22/06/2017 Annual All For
1126975 TW0005483002 Sino-American
Silicon Products Inc
Asia Taiwan 27/06/2017 Annual Against 4
5
11.12,11.13
11.11
Apparent failure to link pay & appropriate
performance
Concerns to protect shareholder value
Insufficient/poor disclosure
Insufficient/poor disclosure
1124898 TW0005522007 Farglory Land
Development Co.
Ltd.
Asia Taiwan 08/06/2017 Annual All For
1130170 TW0005534002 Chong Hong
Construction Co.,
Ltd.
Asia Taiwan 20/06/2017 Annual All For
1132936 TW0005876007 The Shanghai
Commercial &
Savings Bank Ltd
Asia Taiwan 16/06/2017 Annual All For
1129130 TW0005880009 Taiwan
Cooperative
Financial Holding
Co.,Ltd.
Asia Taiwan 16/06/2017 Annual Against No Action Taken 7
6.4,6.5
Insufficient/poor disclosure
Lack of independence on board
1124038 TW0006121007 Simplo Technology
Co., Ltd.
Asia Taiwan 13/06/2017 Annual Against 6.6
4
6.4,6.5
Concerns related to attendance at board or
committee meetings
Concerns to protect shareholder value
Lack of independence on board
1115424 TW0006146004 Sporton
International Inc.
Asia Taiwan 08/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1116389 TW0006147002 Chipbond
Technology Corp.
Asia Taiwan 15/06/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1116389 TW0006147002 Chipbond
Technology Corp.
Asia Taiwan 15/06/2017 Annual All For
1132993 TW0006152002 PRIME
ELECTRONICS
SATELLITICS INC
Asia Taiwan 14/06/2017 Annual All For
1126337 TW0006153000 Career Technology
Co., Ltd.
Asia Taiwan 13/06/2017 Annual Against 8.7,8.8,8.9 Concerns about overall board structure
1124137 TW0006176001 Radiant Opto-
Electronics Corp.
Asia Taiwan 14/06/2017 Annual All For
1118440 TW0006202005 Holtek
Semiconductor, Inc.
Asia Taiwan 26/05/2017 Annual All For
1118112 TW0006206006 Flytech Technology
Co., Ltd.
Asia Taiwan 08/06/2017 Annual All For
1121189 TW0006213002 ITEQ Corp. Asia Taiwan 15/06/2017 Annual All For
1127330 TW0006214000 Systex Corp Asia Taiwan 16/06/2017 Annual All For
1133000 TW0006223001 MPI corporation Asia Taiwan 13/06/2017 Annual Against 7.1,7.2 Concerns about reducing shareholder rights
1114249 TW0006238009 International
Branding Marketing
Inc
Asia Taiwan 11/05/2017 Annual All For
1115422 TW0006239007 Powertech
Technology Inc.
Asia Taiwan 26/05/2017 Annual Against 6.2
6.1
Lack of independence on board
Overboarded/Too many other time commitments
1120594 TW0006257009 Sigurd
Microelectronics
Corp.
Asia Taiwan 15/06/2017 Annual Against 4,5
7
Concerns to protect shareholder value
Insufficient/poor disclosure
1114990 TW0006269004 FLEXium
Interconnect Inc
Asia Taiwan 22/06/2017 Annual All For
1121947 TW0006271000 Tong Hsing
Electronic
Industries Ltd.
Asia Taiwan 16/06/2017 Annual All For
1134596 TW0006274004 Taiwan Union
Technology Corp
Asia Taiwan 13/06/2017 Annual All For
1124561 TW0006278005 Taiwan Surface
Mounting
Technology Corp.
Asia Taiwan 16/06/2017 Annual Against 4 Insufficient/poor disclosure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1129129 TW0006279003 Hu Lane Associate
Inc.
Asia Taiwan 16/06/2017 Annual Against 3
5
4.1
Concerns about reducing shareholder rights 2-
Concerns to protect shareholder value
Insufficient/poor disclosure
Lack of independence on board
1121213 TW0006282007 AcBel Polytech, Inc. Asia Taiwan 21/06/2017 Annual Against 8 Insufficient/poor disclosure
1123561 TW0006285000 Wistron NeWeb
Corp.
Asia Taiwan 16/06/2017 Annual Against 7 Insufficient/poor disclosure
1125576 TW0006290000 Longwell Company Asia Taiwan 13/06/2017 Annual Against 3 Insufficient/poor disclosure
1126750 TW0006412000 Chicony Power
Technology Co., Ltd.
Asia Taiwan 05/06/2017 Annual All For
1116141 TW0006414006 Ennoconn
Corporation
Asia Taiwan 18/05/2017 Annual Against 6 <p>Insufficient/poor disclosure</p>
1125832 TW0006488000 GlobalWafers Co.,
Ltd.
Asia Taiwan 19/06/2017 Annual All For
1123519 TW0006505001 Formosa
Petrochemical Corp.
Asia Taiwan 08/06/2017 Annual Against 4 Insufficient/poor disclosure
1123562 TW0008016007 Sitronix Technology
Corp.
Asia Taiwan 22/06/2017 Annual All For
1116753 TW0008021007 Topoint Technology
Co., Ltd.
Asia Taiwan 13/06/2017 Annual All For
1116300 TW0008039009 Taiflex Scientific
Co., Ltd.
Asia Taiwan 26/05/2017 Annual All For
1129539 TW0008044009 PChome Online Inc. Asia Taiwan 22/06/2017 Annual All For
1127718 TW0008046004 Nan Ya Printed
Circuit Board Corp.
Asia Taiwan 22/06/2017 Annual Against 6
7
5.7,5.8
Concerns related to potential conflict of interests 2-
Insufficient/poor disclosure
Insufficient/poor disclosure
Lack of independence on board
1118441 TW0008076001 Firich Enterprises
Co., Ltd.
Asia Taiwan 14/06/2017 Annual Against 9.5,9.6,9.7
10
Concerns about overall board structure
Insufficient/poor disclosure
1133143 TW0008103003 CVILUX CORP Asia Taiwan 16/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1124541 TW0008131004 Formosa Advanced
Technologies Co.,
Ltd.
Asia Taiwan 23/06/2017 Annual Against 4 Insufficient/poor disclosure
1147236 TW0008150004 ChipMOS
TECHNOLOGIES INC.
Asia Taiwan 26/05/2017 Annual All For
1125196 TW0008213000 Taiwan Printed
Circuit Board
Techvest Co., Ltd.
Asia Taiwan 08/06/2017 Annual All For
1133087 TW0008249004 Creative Sensor Inc Asia Taiwan 15/06/2017 Annual All For
1120914 TW0008255001 Actron Technology
Corp.
Asia Taiwan 26/05/2017 Annual All For
1115640 TW0008271008 APACER
TECHNOLOGY INC
Asia Taiwan 26/05/2017 Annual All For
1125114 TW0008299009 Phison Electronics
Corp.
Asia Taiwan 13/06/2017 Annual Against 4.2
7
5
4.1
Concerns related to attendance at board or
committee meetings
Insufficient/poor disclosure
Issue of capital raises concerns about excessive
dilution of existing shareholders
Lack of independence on board
1116402 TW0008341009 Sunny Friend
Environmental
Technology Co.
Asia Taiwan 15/06/2017 Annual Against 6 Concerns about reducing shareholder rights
1127519 TW0008422007 Cleanaway
Company Ltd
Asia Taiwan 16/06/2017 Annual All For
1118311 TW0008436007 TCI Co Ltd Asia Taiwan 19/05/2017 Annual Against 7 Insufficient/poor disclosure
1126314 TW0008464009 NIEN MADE
ENTERPRISE CO LTD
Asia Taiwan 28/06/2017 Annual Against 5 Insufficient/poor disclosure
1118124 TW0008942004 XXENTRIA
TECHNOLOGY
MATERIALS CORP
Asia Taiwan 22/05/2017 Annual Against 7
4,5
Concerns about reducing shareholder rights
Concerns to protect shareholder value
1129125 TW0009904003 Pou Chen
Corporation
Asia Taiwan 15/06/2017 Annual All For
1127763 TW0009910000 Feng Tay
Enterprises Co., Ltd.
Asia Taiwan 16/06/2017 Annual All For
1128684 TW0009914002 Merida Industry
Co., Ltd.
Asia Taiwan 26/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127757 TW0009917005 Taiwan Secom Co.
Ltd.
Asia Taiwan 22/06/2017 Annual All For
1130228 TW0009921007 Giant
Manufacturing Co.,
Ltd.
Asia Taiwan 22/06/2017 Annual All For
1124556 TW0009933002 CTCI Corp. Asia Taiwan 28/06/2017 Annual All For
1120418 TW0009938001 Taiwan Paiho Co.,
Ltd.
Asia Taiwan 15/06/2017 Annual Against 11
7
12
Concerns about reducing shareholder rights
Concerns to protect shareholder value
Insufficient/poor disclosure
1128247 TW0009939009 Taiwan Hon Chuan
Enterprise Co. Ltd.
Asia Taiwan 15/06/2017 Annual Against 11 Insufficient/poor disclosure
1127712 TW0009945006 Ruentex
Development Co.,
Ltd.
Asia Taiwan 15/06/2017 Annual Against 7,8 Insufficient/poor disclosure
1133554 US0003602069 AAON, Inc. North America USA 16/05/2017 Annual Against 4
1129723 US00081T1088 ACCO Brands
Corporation
North America USA 16/05/2017 Annual All For
1124322 US0010551028 Aflac Incorporated North America USA 01/05/2017 Annual Against 2
1a
Apparent failure to link pay and appropriate
performance
Vote against combined Chair/CEO
1124322 US0010551028 Aflac Incorporated North America USA 01/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1129134 US0010841023 AGCO Corporation North America USA 27/04/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1126562 US0012281053 AG Mortgage
Investment Trust,
Inc.
North America USA 03/05/2017 Annual Against 1.2 Concerns related to approach to board diversity
1122259 US00123Q1040 AGNC Investment
Corp.
North America USA 20/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1120640 US00130H1059 The AES
Corporation
North America USA 20/04/2017 Annual Against 6
5
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
1136443 US0015471081 AK Steel Holding
Corporation
North America USA 25/05/2017 Annual All For
1141293 US00163U1060 AMAG
Pharmaceuticals,
Inc.
North America USA 18/05/2017 Annual All For
1145439 US00164V1035 AMC Networks Inc. North America USA 06/06/2017 Annual Against 1.2
1.4
Concerns about overall performance
Overboarded/Too many other time commitments
1124925 US00165C1045 AMC
Entertainment
Holdings, Inc.
North America USA 26/04/2017 Annual Against 1.1 Concerns to protect shareholder valueConcerns
about overall board structure
1121262 US0017441017 AMN Healthcare
Services, Inc.
North America USA 19/04/2017 Annual All For
1135306 US00182C1036 ANI
Pharmaceuticals,
Inc.
North America USA 17/05/2017 Annual Against 1f <p>Concerns related to approach to board
diversity</p>
1129864 US00191G1031 ARC Document
Solutions, Inc.
North America USA 27/04/2017 Annual Against 1.4 Concerns related to approach to board diversity
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1122261 US00206R1023 AT&T Inc. North America USA 28/04/2017 Annual Against 3
6
7
1.1
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
Vote against combined Chair/CEO
1122261 US00206R1023 AT&T Inc. North America USA 28/04/2017 Annual Against 3
6
7
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1146574 US00215F1075 ATN International,
Inc.
North America USA 15/06/2017 Annual Against 3
2
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
1125717 US0025353006 Aaron's, Inc. North America USA 02/05/2017 Annual All For
1124732 US0028241000 Abbott Laboratories North America USA 28/04/2017 Annual Against 7 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
1125691 US00287Y1091 AbbVie Inc. North America USA 05/05/2017 Annual Against 5
6
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
1130477 US0028962076 Abercrombie &
Fitch Co.
North America USA 15/06/2017 Annual All For
1133740 US0038301067 Abraxas Petroleum
Corporation
North America USA 09/05/2017 Annual Against 1.3 Concerns related to approach to board diversity
1135378 US00401C1080 Acacia
Communications,
Inc.
North America USA 18/05/2017 Annual Against 1.2 Concerns about overall board structure 2- Concerns
about reducing shareholder rights
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139073 US00404A1097 Acadia Healthcare
Company, Inc.
North America USA 25/05/2017 Annual Against 3
5
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1145303 US0042251084 ACADIA
Pharmaceuticals
Inc.
North America USA 13/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1129769 US0042391096 Acadia Realty Trust North America USA 10/05/2017 Annual Against 1b,1d,1h
4
Concerns about reducing shareholder rights
Concerns to protect shareholder value
1139907 US00448Q2012 Achillion
Pharmaceuticals,
Inc.
North America USA 23/05/2017 Annual All For
1145011 US0044981019 ACI Worldwide, Inc. North America USA 14/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1142280 US00484M1062 Acorda
Therapeutics, Inc.
North America USA 31/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1142312 US00507V1098 Activision Blizzard,
Inc.
North America USA 01/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1145996 US0050941071 Actua Corporation North America USA 16/06/2017 Annual All For
1119201 US00724F1012 Adobe Systems
Incorporated
North America USA 12/04/2017 Annual All For
1147120 US00737L1035 Adtalem Global
Education Inc
North America USA 22/05/2017 Special All For
1133764 US00738A1060 ADTRAN, Inc. North America USA 10/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1142278 US00739L1017 Aduro Biotech, Inc. North America USA 08/06/2017 Annual Against 1.1
1.2
Concerns related to attendance at board or
committee meetings
Concerns related to attendance at board or
committee meetingsConcerns about overall
performance
1135572 US00751Y1064 Advance Auto
Parts, Inc.
North America USA 17/05/2017 Annual All For
1113200 US0076242082 Advaxis, Inc. North America USA 05/04/2017 Annual Against 2,3
1.2
1.1
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Concerns related to approach to board diversity
1141979 US00762W1071 The Advisory Board
Company
North America USA 31/05/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1145510 US00770C1018 Advanced
Emissions
Solutions, Inc.
North America USA 20/06/2017 Annual Against 3
1.2
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1121104 US00770F1049 Aegion Corporation North America USA 26/04/2017 Annual All For
1145014 US00771V1089 Aerie
Pharmaceuticals,
Inc.
North America USA 08/06/2017 Annual Against 1.3 Concerns related to attendance at board or
committee meetings
1139086 US00773T1016 AdvanSix Inc. North America USA 01/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1127776 US0078001056 Aerojet Rocketdyne
Holdings, Inc.
North America USA 04/05/2017 Annual Against 1.7 <p>Concerns about overall performance</p>
1120892 US0079031078 Advanced Micro
Devices, Inc.
North America USA 26/04/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1134807 US00790X1019 Advanced Disposal
Services, Inc.
North America USA 24/05/2017 Annual Against 3
1.1
<p>Apparent failure to link pay and appropriate
performance</p>
<p>Concerns about overall board structureConcerns
about overall performance</p>
1123318 US0079731008 Advanced Energy
Industries, Inc.
North America USA 04/05/2017 Annual Against 1.2
7
Concerns related to approach to board diversity
Concerns to protect shareholder value
1135814 US00817Y1082 Aetna Inc. North America USA 19/05/2017 Annual Against 6A
1h
<p>Shareholder proposal promotes
transparency</p>
Fund manager or client vote
1135814 US00817Y1082 Aetna Inc. North America USA 19/05/2017 Annual Against 6A
1b
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
Vote against combined Chair/CEO
1135814 US00817Y1082 Aetna Inc. North America USA 19/05/2017 Annual Against 6A SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1146318 US0082521081 Affiliated Managers
Group, Inc.
North America USA 13/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1142632 US00847X1046 Agios
Pharmaceuticals,
Inc.
North America USA 13/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1132363 US0084921008 AGREE REALTY
CORPORATION
North America USA 19/05/2017 Annual All For
1138365 US00900T1079 Aimmune
Therapeutics, Inc.
North America USA 25/05/2017 Annual Against 1.1 Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1125890 US00912X3026 Air Lease
Corporation
North America USA 03/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1125890 US00912X3026 Air Lease
Corporation
North America USA 03/05/2017 Annual All For
1127247 US00922R1059 Air Transport
Services Group, Inc.
North America USA 05/05/2017 Annual Against 1a Concerns related to approach to board diversity
1133892 US00971T1016 Akamai
Technologies, Inc.
North America USA 17/05/2017 Annual All For
1125651 US0097281069 Akorn, Inc. North America USA 27/04/2017 Annual Against 1.7 Concerns related to attendance at board or
committee meetings
1125347 US0113111076 Alamo Group Inc. North America USA 04/05/2017 Annual All For
1128047 US0116591092 Alaska Air Group,
Inc.
North America USA 04/05/2017 Annual Against 6 Shareholder proposal promotes enhanced
shareholder rights
1128047 US0116591092 Alaska Air Group,
Inc.
North America USA 04/05/2017 Annual Against 6
1i
Shareholder proposal promotes enhanced
shareholder rights
Vote against combined Chair/CEO
1130732 US0123481089 Albany
International Corp.
North America USA 12/05/2017 Annual Against 1.5 Concerns to protect shareholder value
1130732 US0123481089 Albany
International Corp.
North America USA 12/05/2017 Annual Against 3
1.8
1.5
<p>Apparent failure to link pay and appropriate
performance</p>
<p>Concerns related to inappropriate membership
of committees</p>
<p>Concerns to protect shareholder value</p>
1140905 US0124231095 Albany Molecular
Research, Inc.
North America USA 31/05/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
1131462 US0126531013 Albemarle
Corporation
North America USA 12/05/2017 Annual All For
1124891 US0138721065 Alcoa Corporation North America USA 10/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1146355 US0143391052 Alder
BioPharmaceuticals,
Inc.
North America USA 24/05/2017 Annual Against 2
1.2
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1122511 US0144911049 Alexander &
Baldwin, Inc.
North America USA 25/04/2017 Annual All For
1135936 US0147521092 Alexander's, Inc. North America USA 18/05/2017 Annual Against 3
1.1
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1134714 US0152711091 Alexandria Real
Estate Equities, Inc.
North America USA 09/05/2017 Annual Against 1.3 Concerns about reducing shareholder rights
1132102 US0153511094 Alexion
Pharmaceuticals,
Inc.
North America USA 10/05/2017 Annual All For
1135498 US0162551016 Align Technology,
Inc.
North America USA 17/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1125375 US0171751003 Alleghany
Corporation
North America USA 28/04/2017 Annual All For
1131489 US01741R1023 Allegheny
Technologies
Incorporated
North America USA 11/05/2017 Annual All For
1146776 US01748X1028 Allegiant Travel
Company
North America USA 29/06/2017 Annual Against 3
2
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
1146776 US01748X1028 Allegiant Travel
Company
North America USA 29/06/2017 Annual Against 3
2
1C
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Vote against combined Chair/CEO
1126229 US0185223007 ALLETE, Inc. North America USA 09/05/2017 Annual All For
1142343 US0185811082 Alliance Data
Systems
Corporation
North America USA 07/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1140241 US0188021085 Alliant Energy
Corporation
North America USA 23/05/2017 Annual Against 5 Shareholder proposal promotes transparency
1132754 US01973R1014 Allison
Transmission
Holdings, Inc.
North America USA 11/05/2017 Annual Against 1g Concerns related to approach to board diversity
1138440 US01988P1084 Allscripts
Healthcare
Solutions, Inc.
North America USA 22/05/2017 Annual All For
1138323 US0200021014 The Allstate
Corporation
North America USA 25/05/2017 Annual Against 1j
6
Vote against combined Chair/CEO
Vote in favour of a resolution requiring or
requesting an independent chair
1138323 US0200021014 The Allstate
Corporation
North America USA 25/05/2017 Annual Against 8
4
6
Fund manager or client vote
Fund manager or client vote
Shareholder proposal promotes appropriate
accountability or incentivisation
1138323 US0200021014 The Allstate
Corporation
North America USA 25/05/2017 Annual Against 6 Shareholder proposal promotes appropriate
accountability or incentivisation
1126466 US02005N1000 Ally Financial Inc. North America USA 02/05/2017 Annual All For
1135860 US0204091088 Almost Family, Inc. North America USA 08/05/2017 Annual Against 1.5
1.7
<p>Concerns related to approach to board
diversity</p>
<p>Concerns related to inappropriate membership
of committees</p>
1124878 US02043Q1076 Alnylam
Pharmaceuticals,
Inc.
North America USA 02/05/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1155097 US0205201025 Alon USA Energy,
Inc.
North America USA 28/06/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1146451 US02079K3059 Alphabet Inc. North America USA 07/06/2017 Annual Against 5
4
1.7,1.8,1.10,1.11
1.4
3
8,9
7
6
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure
Concerns about overall board structure
Issue of capital raises concerns about excessive
dilution of existing shareholders
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
1142907 US0213461017 Yahoo! Inc. North America USA 08/06/2017 Special All For
1143732 US02153W1009 Altisource
Residential
Corporation
North America USA 23/05/2017 Annual Against 1.4,1.6 Concerns about reducing shareholder rights
1127878 US02208R1068 Altra Industrial
Motion Corp.
North America USA 26/04/2017 Annual Against 1.5 Concerns related to approach to board diversity
1135547 US02209S1033 Altria Group, Inc. North America USA 18/05/2017 Annual Against 3
1.2
Apparent failure to link pay and appropriate
performance
Vote against combined Chair/CEO
1135547 US02209S1033 Altria Group, Inc. North America USA 18/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1130730 US0231112063 Amarin
Corporation plc
United Kingdom United
Kingdom
15/05/2017 Annual Against 3,6
2
<p>Apparent failure to link pay and appropriate
performance</p>
<p>Concerns about overall performance</p>
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1138455 US0231351067 Amazon.com, Inc. North America USA 23/05/2017 Annual Against 4
1a
Apparent failure to link pay & appropriate
performance
Vote against combined Chair/CEO
1138455 US0231351067 Amazon.com, Inc. North America USA 23/05/2017 Annual Against 4 Apparent failure to link pay & appropriate
performance
1135954 US0231398845 Ambac Financial
Group, Inc.
North America USA 19/05/2017 Annual Against 2
1.1
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1143828 US0234361089 Amedisys, Inc. North America USA 08/06/2017 Annual Against 1I Concerns related to inappropriate membership of
committees
1123786 US0236081024 Ameren
Corporation
North America USA 27/04/2017 Annual Against 6,7
5
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1146614 US02376R1023 American Airlines
Group Inc.
North America USA 14/06/2017 Annual Against 1k
5
Vote against combined Chair/CEO
Vote in favour of a resolution requiring or
requesting an independent chair
1146614 US02376R1023 American Airlines
Group Inc.
North America USA 14/06/2017 Annual Against 5 Shareholder proposal promotes appropriate
accountability or incentivisation
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139081 US0240131047 American Assets
Trust, Inc.
North America USA 13/06/2017 Annual Against 3
1.3
1.4
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board
diversityConcerns about overall performance
Concerns related to attendance at board or
committee meetings
1119879 US0240611030 American Axle &
Manufacturing
Holdings, Inc.
North America USA 05/04/2017 Special All For
1127172 US0240611030 American Axle &
Manufacturing
Holdings, Inc.
North America USA 04/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1126563 US0248351001 American Campus
Communities, Inc.
North America USA 04/05/2017 Annual All For
1121339 US0255371017 American Electric
Power Company,
Inc.
North America USA 25/04/2017 Annual All For
1121339 US0255371017 American Electric
Power Company,
Inc.
North America USA 25/04/2017 Annual Against 1.1 Vote against combined Chair/CEO
1138407 US02553E1064 American Eagle
Outfitters, Inc.
North America USA 23/05/2017 Annual All For
1140704 US0256762065 American Equity
Investment Life
Holding Company
North America USA 01/06/2017 Annual All For
1125480 US0258161092 American Express
Company
North America USA 01/05/2017 Annual Against 3
1d
Apparent failure to link pay & appropriate
performance
Vote against combined Chair/CEO
1125480 US0258161092 American Express
Company
North America USA 01/05/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1125480 US0258161092 American Express
Company
North America USA 01/05/2017 Annual All For
1135850 US0259321042 American Financial
Group, Inc.
North America USA 23/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1128026 US02665T3068 American Homes 4
Rent
North America USA 04/05/2017 Annual Against 1.4 Policy Rationale:Concerns to protect shareholder
value
1151972 US0268747849 American
International
Group, Inc.
North America USA 28/06/2017 Annual All For
1134359 US0285911055 American National
Insurance Company
North America USA 28/04/2017 Annual All For
1132283 US02913V1035 American Public
Education, Inc.
North America USA 12/05/2017 Annual All For
1145444 US02916P1030 American Railcar
Industries, Inc.
North America USA 06/06/2017 Annual Against 2
1b
1e,1f
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Concerns related to inappropriate membership of
committees
1135375 US0298991011 American States
Water Company
North America USA 23/05/2017 Annual All For
1140728 US03027X1000 American Tower
Corporation
North America USA 31/05/2017 Annual All For 3
1141998 US0303711081 American Vanguard
Corporation
North America USA 06/06/2017 Annual All For
1128984 US0304201033 American Water
Works Company,
Inc.
North America USA 12/05/2017 Annual All For
1151227 US03071H1005 AMERISAFE, Inc. North America USA 09/06/2017 Annual All For
1124923 US03076C1062 Ameriprise
Financial, Inc.
North America USA 26/04/2017 Annual All For
1133871 US03076K1088 Ameris Bancorp North America USA 16/05/2017 Annual All For
1129132 US0311001004 AMETEK, Inc. North America USA 09/05/2017 Annual All For
1135504 US0311621009 Amgen Inc. North America USA 19/05/2017 Annual Against 3
1.2
Apparent failure to link pay & appropriate
performance
Vote against combined Chair/CEO
1135504 US0311621009 Amgen Inc. North America USA 19/05/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1145801 US03152W1099 Amicus
Therapeutics, Inc.
North America USA 13/06/2017 Annual All For
1133628 US0316521006 Amkor Technology,
Inc.
North America USA 02/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139923 US0320951017 Amphenol
Corporation
North America USA 18/05/2017 Annual All For
1142307 US03209R1032 Amphastar
Pharmaceuticals,
Inc.
North America USA 08/06/2017 Annual Against 1c <p>Concerns about overall performance</p>
1132051 US03211L1026 Amplify Snack
Brands, Inc.
North America USA 11/05/2017 Annual Against 1.2 Concerns about overall performance
1137272 US0323593097 AmTrust Financial
Services, Inc.
North America USA 18/05/2017 Annual Against 3 Annual vote provides for greater shareholder
oversight
1145295 US03236M2008 Amyris, Inc. North America USA 23/05/2017 Annual Against 4
1.4
Annual vote provides for greater shareholder
oversight
Concerns related to attendance at board or
committee meetings
1124902 US0325111070 Anadarko
Petroleum
Corporation
North America USA 10/05/2017 Annual All For
1124388 US0341641035 The Andersons, Inc. North America USA 12/05/2017 Annual All For
1146408 US0352551081 Anika Therapeutics,
Inc.
North America USA 13/06/2017 Annual Against 4
1.2
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1141526 US0352901054 Anixter
International Inc.
North America USA 25/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1137445 US0357104092 Annaly Capital
Management, Inc.
North America USA 25/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1132346 US03662Q1058 ANSYS, Inc. North America USA 19/05/2017 Annual All For
1144303 US03674X1063 Antero Resources
Corporation
North America USA 21/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1132348 US0367521038 Anthem, Inc. North America USA 18/05/2017 Annual All For
1122752 US0373471012 Anworth Mortgage
Asset Corporation
North America USA 17/05/2017 Annual Against 2
1b
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1129736 US0374111054 Apache Corporation North America USA 11/05/2017 Annual All For
1119575 US03748R1014 APARTMENT
INVESTMENT AND
MANAGEMENT
COMPANY
North America USA 25/04/2017 Annual All For
1148943 US0375981091 Apogee
Enterprises, Inc.
North America USA 22/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1132259 US03762U1051 Apollo Commercial
Real Estate
Finance, Inc.
North America USA 11/05/2017 Annual Against 1.5 Concerns about reducing shareholder rights
1135148 US03784Y2000 Apple Hospitality
REIT, Inc.
North America USA 18/05/2017 Annual All For
1126595 US0383361039 AptarGroup, Inc. North America USA 03/05/2017 Annual All For
1128258 US03836W1036 Aqua America, Inc. North America USA 03/05/2017 Annual All For
1122277 US03937C1053 ArcBest Corporation North America USA 02/05/2017 Annual All For
1127949 US0394831020 Archer-Daniels-
Midland Company
North America USA 04/05/2017 Annual All For
1124353 US03957W1062 Archrock Inc. North America USA 26/04/2017 Annual All For
1122595 US03965L1008 Arconic Inc. North America USA 25/05/2017 Proxy Contest Against No Action Taken 1.1,1.3,1.5
1.1,1.2,1.3,1.4,1.5,2,3,4,5,6,
7,8,9
Proposal withdrawn/not put to a vote
1145962 US0400476075 Arena
Pharmaceuticals,
Inc.
North America USA 13/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1148950 US04010E1091 Argan, Inc. North America USA 22/06/2017 Annual Against 3
1.8
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1128058 US04010L1035 Ares Capital
Corporation
North America USA 22/05/2017 Annual All For
1130157 US04010L1035 Ares Capital
Corporation
North America USA 22/05/2017 Special All For
1140931 US0404131064 Arista Networks,
Inc.
North America USA 01/06/2017 Annual Against 2
1.2
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1147074 US0423155078 ARMOUR
Residential REIT,
Inc.
North America USA 14/06/2017 Annual Against 1.7 Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1146462 US04238R1068 Armstrong
Flooring, Inc.
North America USA 02/06/2017 Annual All For
1130756 US0427351004 Arrow Electronics,
Inc.
North America USA 11/05/2017 Annual All For
1130756 US0427351004 Arrow Electronics,
Inc.
North America USA 11/05/2017 Annual Against 1.8 Vote against combined Chair/CEO
1128289 US0427441029 Arrow Financial
Corporation
North America USA 03/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1139920 US04316A1088 Artisan Partners
Asset Management
Inc.
North America USA 02/06/2017 Annual Against 1.6
1.1
1.3
Concerns about overall performance
Concerns to protect shareholder value
Vote against combined Chair/CEO
1139920 US04316A1088 Artisan Partners
Asset Management
Inc.
North America USA 02/06/2017 Annual Against 1.6
1.1
Concerns about overall performance
Concerns to protect shareholder value
1126033 US0434361046 Asbury Automotive
Group, Inc.
North America USA 19/04/2017 Annual All For
1146520 US0441021013 Ashford Hospitality
Prime, Inc.
North America USA 09/06/2017 Annual Against 3
1.2
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1139042 US0441031095 Ashford Hospitality
Trust, Inc.
North America USA 16/05/2017 Annual Against 2,5
1.4
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1123330 US0454871056 Associated Banc-
Corp
North America USA 25/04/2017 Annual All For
1127956 US04621X1081 Assurant, Inc. North America USA 11/05/2017 Annual All For
1122225 US0462241011 Astec Industries,
Inc.
North America USA 27/04/2017 Annual All For
1146999 US0462651045 Astoria Financial
Corporation
North America USA 13/06/2017 Special Against 2 Apparent failure to link pay and appropriate
performanceConcerns related to inappropriate
service contracts
1143226 US0465131078 Atara
Biotherapeutics,
Inc.
North America USA 08/06/2017 Annual Against 1.2 Concerns about overall performance
1145395 US04685W1036 athenahealth, Inc. North America USA 07/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1140412 US0491642056 Atlas Air
Worldwide
Holdings, Inc.
North America USA 24/05/2017 Annual Against 3
1.7
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1138414 US04963C2098 AtriCure, Inc. North America USA 24/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1147218 US0527691069 Autodesk, Inc. North America USA 14/06/2017 Annual All For
1157466 US05278C1071 Autohome Inc. Emerging Markets Cayman
Islands
27/06/2017 Special Against 1 Apparent failure to link pay and appropriate
performance
1128528 US0528001094 Autoliv, Inc. North America USA 09/05/2017 Annual All For
1119564 US05329W1027 AutoNation, Inc. North America USA 19/04/2017 Annual Against 4
1134994 US0534841012 AvalonBay
Communities, Inc.
North America USA 18/05/2017 Annual Against 1h Concerns about reducing shareholder rights
1146358 US05351W1036 Avangrid, Inc. North America USA 22/06/2017 Annual Against 1.6
1.1
Concerns about overall board structure
Concerns related to inappropriate membership of
committees
1122078 US0536111091 Avery Dennison
Corporation
North America USA 27/04/2017 Annual All For
1126042 US0537741052 Avis Budget Group,
Inc.
North America USA 16/05/2017 Annual All For
1132352 US05379B1070 Avista Corporation North America USA 11/05/2017 Annual All For
1131412 US0543031027 Avon Products, Inc. North America USA 09/05/2017 Annual Against 1.3 Concerns to protect shareholder value
1139564 US05464C1018 Axon Enterprise,
Inc.
North America USA 25/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1123856 US0549371070 BB&T Corporation North America USA 25/04/2017 Annual All For
1135570 US05508R1068 B&G Foods, Inc. North America USA 23/05/2017 Annual All For
1143177 US05541T1016 BGC Partners, Inc. North America USA 06/06/2017 Annual Against 3
2
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1123900 US05561Q2012 BOK Financial
Corporation
North America USA 25/04/2017 Annual Against 1.13
1.19
1.14
Concerns about overall performance
Concerns related to attendance at board or
committee meetings
Concerns related to inappropriate membership of
committees
1129092 US05591B1098 BMC Stock
Holdings, Inc.
North America USA 11/05/2017 Annual All For
1123326 US0565251081 Badger Meter, Inc. North America USA 28/04/2017 Annual Against 3
1121487 US0572241075 Baker Hughes
Incorporated
North America USA 27/04/2017 Annual All For
1155238 US0572241075 Baker Hughes
Incorporated
North America USA 30/06/2017 Special Against 4
3
Apparent failure to link pay and appropriate
performance
Apparent failure to link pay and appropriate
performanceConcerns related to inappropriate
service contracts
1145008 US0576652004 Balchem
Corporation
North America USA 13/06/2017 Annual All For
1123887 US0584981064 Ball Corporation North America USA 26/04/2017 Annual Against 1.3,1.4
1.2
Concerns about overall board structure
Concerns about overall board structure
1139674 US05945F1030 BancFirst
Corporation
North America USA 25/05/2017 Annual Against 5 Annual vote provides for greater shareholder
oversight
1126693 US0596921033 BancorpSouth, Inc. North America USA 26/04/2017 Annual All For
1139901 US05969A1051 THE BANCORP, INC. North America USA 17/05/2017 Annual All For
1146042 US05990K1060 Banc of California,
Inc.
North America USA 09/06/2017 Annual Against 1.1 Concerns to protect shareholder value
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1112797 US0605051046 Bank of America
Corporation
North America USA 26/04/2017 Annual Against 1j
7
Combined CEO/Chair 2- Fund manager or client
vote
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
1112797 US0605051046 Bank of America
Corporation
North America USA 26/04/2017 Annual Against 7 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
1112797 US0605051046 Bank of America
Corporation
North America USA 26/04/2017 Annual Against 1f
7
Fund manager or client vote
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
1124722 US0625401098 Bank of Hawaii
Corporation
North America USA 28/04/2017 Annual All For
1120822 US0637501034 Bank Mutual
Corporation
North America USA 01/05/2017 Annual All For
1122502 US0639041062 Bank of the Ozarks,
Inc.
North America USA 08/05/2017 Annual All For
1148622 US0639041062 Bank of the Ozarks,
Inc.
North America USA 23/06/2017 Special All For
1122229 US0640581007 The Bank of New
York Mellon
Corporation
North America USA 11/04/2017 Annual All For
1122229 US0640581007 The Bank of New
York Mellon
Corporation
North America USA 11/04/2017 Annual Against 1.6 Vote against combined Chair/CEO
1138283 US06652K1034 BankUnited, Inc. North America USA 16/05/2017 Annual All For
1128537 US06652V2088 Banner Corporation North America USA 25/04/2017 Annual All For
1123893 US0673831097 C. R. Bard, Inc. North America USA 19/04/2017 Annual Against 1.7 Vote against combined Chair/CEO
1123893 US0673831097 C. R. Bard, Inc. North America USA 19/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1125895 US0678061096 Barnes Group Inc. North America USA 05/05/2017 Annual All For
1135400 US06846N1046 Bill Barrett
Corporation
North America USA 16/05/2017 Annual Against 1.2 <p>Concerns related to approach to board
diversity</p>
1124833 US0718131099 Baxter
International Inc.
North America USA 02/05/2017 Annual Against 5 Shareholder proposal promotes enhanced
shareholder rights
1155590 US0758961009 Bed Bath & Beyond
Inc.
North America USA 29/06/2017 Annual Against 3
1d
Apparent failure to link pay and appropriate
performance
Policy Rationale:Concerns about overall performance
1134972 US0774541066 Belden Inc. North America USA 25/05/2017 Annual Against 1.8 Concerns about reducing shareholder rights
1134972 US0774541066 Belden Inc. North America USA 25/05/2017 Annual Against 3
1.8
Apparent failure to link pay & appropriate
performance
Concerns about reducing shareholder rights
1125301 US0814371052 Bemis Company,
Inc.
North America USA 04/05/2017 Annual All For
1132034 US08160H1014 Benchmark
Electronics, Inc.
North America USA 12/05/2017 Annual Against 1.1 Concerns related to approach to board diversity
1132034 US08160H1014 Benchmark
Electronics, Inc.
North America USA 12/05/2017 Annual All For
1142054 US08180D1063 Benefitfocus, Inc. North America USA 02/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1135265 US0844231029 W. R. Berkley
Corporation
North America USA 16/05/2017 Annual Against 2
1C
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1123467 US0846707026 Berkshire
Hathaway Inc.
North America USA 06/05/2017 Annual Against 3
1.11
4
Annual vote provides for greater shareholder
oversight
Concerns about overall board structure
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1123467 US0846707026 Berkshire
Hathaway Inc.
North America USA 06/05/2017 Annual Against 3
1.11
4
5
1.1
Annual vote provides for greater shareholder
oversight
Concerns about overall board structure
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
Vote against combined Chair/CEO
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1123467 US0846707026 Berkshire
Hathaway Inc.
North America USA 06/05/2017 Annual Against 3
1.11
4
5
Annual vote provides for greater shareholder
oversight
Concerns about overall board structure
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1135613 US0846801076 Berkshire Hills
Bancorp, Inc.
North America USA 18/05/2017 Annual All For
1146805 US0865161014 Best Buy Co., Inc. North America USA 13/06/2017 Annual All For
1146805 US0865161014 Best Buy Co., Inc. North America USA 13/06/2017 Annual Against 1e Vote against combined Chair/CEO
1146579 US08915P1012 Big 5 Sporting
Goods Corporation
North America USA 09/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1137468 US0893021032 Big Lots, Inc. North America USA 25/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1133527 US08986R1014 Biglari Holdings Inc. North America USA 27/04/2017 Annual Against 3
1.2,1.3,1.4,1.5
1.1
4
5
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure
Concerns about overall board structure
Proposed term in policy exceeds appropriate limit
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
1131399 US0905722072 Bio-Rad
Laboratories, Inc.
North America USA 25/04/2017 Annual Against 3
6
Apparent failure to link pay & appropriate
performance
Enables greater accountability to shareholders
1138408 US09058V1035 BioCryst
Pharmaceuticals,
Inc.
North America USA 24/05/2017 Annual All For
1143820 US09061G1013 BioMarin
Pharmaceutical Inc.
North America USA 06/06/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1144346 US09062X1037 Biogen Inc. North America USA 07/06/2017 Annual All For
1128981 US0906721065 BioTelemetry, Inc. North America USA 11/05/2017 Annual Against 4 <p>Apparent failure to link pay and appropriate
performance</p>
1145858 US09180C1062 BJ's Restaurants,
Inc.
North America USA 07/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1124418 US0921131092 Black Hills
Corporation
North America USA 25/04/2017 Annual All For
1144359 US09214X1000 Black Knight
Financial Services,
Inc.
North America USA 14/06/2017 Annual Against 1.1 Concerns about overall performance
1143266 US09227Q1004 Blackbaud, Inc. North America USA 13/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1141534 US09238E1047 Blackhawk Network
Holdings, Inc.
North America USA 09/06/2017 Annual Against 3,5
1.5
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
1139069 US09247X1019 BlackRock, Inc. North America USA 25/05/2017 Annual Against 5 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1125973 US0925331086 BlackRock Capital
Investment
Corporation
North America USA 05/05/2017 Annual Against 1.1,1.2 Concerns about reducing shareholder rights
1130096 US0925331086 BlackRock Capital
Investment
Corporation
North America USA 05/05/2017 Special All For
1142325 US09257W1009 Blackstone
Mortgage Trust, Inc.
North America USA 21/06/2017 Annual Against 1.6 Concerns about overall performance
1118683 US0942351083 Bloomin' Brands,
Inc.
North America USA 21/04/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1141359 US0952291005 Blucora, Inc. North America USA 01/06/2017 Annual Against 3
5b
Apparent failure to link pay & appropriate
performance
Concerns about reducing shareholder rights
1139949 US09531U1025 Blue Buffalo Pet
Products, Inc.
North America USA 01/06/2017 Annual Against 1.1 Concerns related to inappropriate membership of
committeesConcerns about overall
performanceConcerns about overall board structure
1142057 US09609G1004 bluebird bio, Inc. North America USA 08/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1146469 US09627Y1091 Blueprint
Medicines
Corporation
North America USA 20/06/2017 Annual Against 1.2 Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1125299 US0970231058 The Boeing
Company
North America USA 01/05/2017 Annual Against 6
5
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
better management of ESG opportunities and risks
1125299 US0970231058 The Boeing
Company
North America USA 01/05/2017 Annual Against 6
5
1i
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
better management of ESG opportunities and risks
Vote against combined Chair/CEO
1127246 US09739D1000 Boise Cascade
Company
North America USA 04/05/2017 Annual All For
1125323 US0997241064 BorgWarner Inc. North America USA 26/04/2017 Annual All For
1135943 US1005571070 The Boston Beer
Company, Inc.
North America USA 18/05/2017 Annual Against 2
1.1
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1126052 US1011191053 Boston Private
Financial Holdings,
Inc.
North America USA 27/04/2017 Annual All For
1136090 US1011211018 Boston Properties,
Inc.
North America USA 23/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1129829 US1011371077 Boston Scientific
Corporation
North America USA 09/05/2017 Annual All For
1123325 US1033041013 Boyd Gaming
Corporation
North America USA 13/04/2017 Annual Against 4
1134410 US1053682035 Brandywine Realty
Trust
North America USA 18/05/2017 Annual Against 1g Concerns about reducing shareholder rights
1139083 US1091941005 Bright Horizons
Family Solutions Inc.
North America USA 01/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1125707 US1096961040 The Brink's
Company
North America USA 05/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1127231 US1101221083 Bristol-Myers
Squibb Company
North America USA 02/05/2017 Annual Against 7
1C
Shareholder proposal promotes enhanced
shareholder rights
Vote against combined Chair/CEO
1127231 US1101221083 Bristol-Myers
Squibb Company
North America USA 02/05/2017 Annual Against 7 Shareholder proposal promotes enhanced
shareholder rights
1130718 US11120U1051 Brixmor Property
Group Inc.
North America USA 18/05/2017 Annual All For
1124740 US11133B4095 BroadSoft, Inc. North America USA 27/04/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1116072 US1116213067 Brocade
Communications
Systems, Inc.
North America USA 11/04/2017 Annual All For
1128224 US11373M1071 Brookline Bancorp,
Inc.
North America USA 10/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1126367 US1152361010 Brown & Brown,
Inc.
North America USA 03/05/2017 Annual All For
1139909 US1167941087 Bruker Corporation North America USA 22/05/2017 Annual Against 3 Annual vote provides for greater shareholder
oversight
1126416 US1170431092 Brunswick
Corporation
North America USA 03/05/2017 Annual All For
1122195 US1176651099 Bryn Mawr Bank
Corporation
North America USA 20/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1140290 US1184401065 The Buckle, Inc. North America USA 30/05/2017 Annual Against 5
8
Annual vote provides for greater shareholder
oversight
Concerns to protect shareholder value
1139089 US12008R1077 Builders
FirstSource, Inc.
North America USA 24/05/2017 Annual Against 3
2
1.3
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1132294 US1220171060 Burlington Stores,
Inc.
North America USA 17/05/2017 Annual All For
1140411 US12477X1063 CAI International,
Inc.
North America USA 02/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1135573 US1248051021 CBIZ, Inc. North America USA 11/05/2017 Annual Against 5 Insufficient basis to support a decision
1129876 US1248301004 CBL & Associates
Properties, Inc.
North America USA 08/05/2017 Annual All For
1134774 US12503M1080 CBOE Holdings, Inc. North America USA 18/05/2017 Annual All For
1134404 US12504L1098 CBRE Group, Inc. North America USA 19/05/2017 Annual Against 1a,1c,1d,1e,1f Concerns about overall performance
1120405 US1251341061 CEB Inc. North America USA 04/04/2017 Special All For
1132106 US1252691001 CF Industries
Holdings, Inc.
North America USA 12/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1130468 US12541W2098 C.H. Robinson
Worldwide, Inc.
North America USA 11/05/2017 Annual Against 1.8 Vote against combined Chair/CEO
1130468 US12541W2098 C.H. Robinson
Worldwide, Inc.
North America USA 11/05/2017 Annual All For
1124746 US1255091092 Cigna Corporation North America USA 26/04/2017 Annual Against 6 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
1131417 US1255818015 CIT Group Inc. North America USA 09/05/2017 Annual All For
1135527 US12572Q1058 CME Group Inc. North America USA 24/05/2017 Annual Against 1h Concerns to protect shareholder value
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127174 US1258961002 CMS Energy
Corporation
North America USA 05/05/2017 Annual Against 4 Shareholder proposal promotes transparency
1124739 US1261171003 CNA Financial
Corporation
North America USA 26/04/2017 Annual Against 2
1.7
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1131461 US12621E1038 CNO Financial
Group, Inc.
North America USA 10/05/2017 Annual All For
1133602 US1263491094 CSG Systems
International, Inc.
North America USA 18/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1141514 US1264081035 CSX Corporation North America USA 05/06/2017 Proxy Contest Against No Action Taken 5
3
1g,1m
1f
1a,1b,1c,1d,1e,1f,1g,1h,1i,1j
,1k,1l,1m,2,3,4,5
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure
Concerns about overall board structure
1135136 US1265011056 CTS Corporation North America USA 18/05/2017 Annual All For
1135525 US1266001056 CVB Financial Corp. North America USA 17/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1132251 US1266501006 CVS Health
Corporation
North America USA 10/05/2017 Annual Against 8
6
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
3
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1132808 US12673A1088 CYS Investments,
Inc.
North America USA 12/05/2017 Annual Against 1.2,1.6,1.7 Concerns about reducing shareholder rights
1129842 US12685J1051 Cable One, Inc. North America USA 02/05/2017 Annual Against 1b Concerns about overall performance
1126054 US1270971039 Cabot Oil & Gas
Corporation
North America USA 03/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1127290 US1273871087 CADENCE DESIGN
SYSTEMS, INC.
North America USA 04/05/2017 Annual All For
1132043 US1281951046 CalAtlantic Group,
Inc.
North America USA 10/05/2017 Annual All For
1117900 US1282461052 Calavo Growers,
Inc.
North America USA 26/04/2017 Annual Against 1.3,1.4,1.5,1.7,1.8,1.9,1.10
1.12
Concerns about overall board structure
Concerns about overall board structure
1139675 US1295001044 Caleres, Inc. North America USA 25/05/2017 Annual All For
1127153 US1296031065 Calgon Carbon
Corporation
North America USA 04/05/2017 Annual All For
1129834 US13057Q2066 California
Resources
Corporation
North America USA 10/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1138292 US1307881029 California Water
Service Group
North America USA 24/05/2017 Annual All For
1142060 US13089P1012 Calithera
Biosciences, Inc.
North America USA 09/06/2017 Annual Against 1.2 Concerns about overall performance
1126583 US1311931042 Callaway Golf
Company
North America USA 02/05/2017 Annual All For
1145453 US13123E5006 Callidus Software
Inc.
North America USA 14/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1130621 US13123X1028 Callon Petroleum
Company
North America USA 11/05/2017 Annual Against 1.1 Concerns related to approach to board diversity
1130714 US1313473043 Calpine Corporation North America USA 10/05/2017 Annual Against 8 Shareholder proposal promotes transparency
1126066 US1320111073 Cambrex
Corporation
North America USA 27/04/2017 Annual All For
1126834 US1330341082 Camden National
Corporation
North America USA 25/04/2017 Annual All For
1128478 US1331311027 Camden Property
Trust
North America USA 12/05/2017 Annual All For
1127129 US1395941057 Capella Education
Company
North America USA 02/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1146581 US1397941014 Capital Bank
Financial Corp.
North America USA 14/06/2017 Annual Against 3
1.3
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1126037 US14040H1059 Capital One
Financial
Corporation
North America USA 04/05/2017 Annual All For
1126037 US14040H1059 Capital One
Financial
Corporation
North America USA 04/05/2017 Annual Against 1A Vote against combined Chair/CEO
1139223 US1404751042 Capital Senior
Living Corporation
North America USA 16/05/2017 Annual Against 5 Insufficient basis to support a decision
1135928 US14067E5069 Capstead Mortgage
Corporation
North America USA 17/05/2017 Annual All For
1135532 US1407811058 CARBO Ceramics
Inc.
North America USA 16/05/2017 Annual Against 1.6 Concerns related to approach to board diversity
1115157 US14149F1093 Cardinal Financial
Corporation
North America USA 07/04/2017 Special Against 2 Apparent failure to link pay and appropriate
performanceConcerns related to inappropriate
service contracts
1135829 US1416241065 Care Capital
Properties, Inc.
North America USA 18/05/2017 Annual Against 1B Concerns about reducing shareholder rights
1136454 US1416651099 Career Education
Corporation
North America USA 23/05/2017 Annual All For
1123840 US14174T1079 CareTrust REIT, Inc. North America USA 26/04/2017 Annual All For
1120706 US1423391002 Carlisle Companies
Incorporated
North America USA 26/04/2017 Annual Against 2 Apparent failure to link pay and appropriate
performanceConcerns related to inappropriate
service contract
1148501 US1431301027 CarMax, Inc. North America USA 26/06/2017 Annual Against 3
6
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes transparency
1125494 US1438731077 Carolina Financial
Corporation
North America USA 26/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1134706 US1439051079 Carriage Services,
Inc.
North America USA 17/05/2017 Annual Against 4
2
1
Apparent failure to link pay and appropriate
performance
Apparent failure to link pay and appropriate
performanceConcerns related to inappropriate
service contract
Concerns about overall performance
1140255 US1445771033 Carrizo Oil & Gas,
Inc.
North America USA 16/05/2017 Annual Against 2
1.4
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1135529 US1462291097 Carter's, Inc. North America USA 17/05/2017 Annual All For
1142956 US1474481041 Casella Waste
Systems, Inc.
North America USA 06/06/2017 Annual Against 1.3 Concerns to protect shareholder value
1144032 US1491231015 Caterpillar Inc. North America USA 14/06/2017 Annual Against 10,11
7
6
Shareholder proposal promotes appropriate
accountability or incentivisation
Shareholder proposal promotes enhanced
shareholder rights
Shareholder proposal promotes transparency
1144032 US1491231015 Caterpillar Inc. North America USA 14/06/2017 Annual Against 3
10,11
7
6
Policy Rationale:Apparent failure to link pay and
appropriate performance
Shareholder proposal promotes appropriate
accountability or incentivisation
Shareholder proposal promotes enhanced
shareholder rights
Shareholder proposal promotes transparency
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139070 US1491501045 Cathay General
Bancorp
North America USA 15/05/2017 Annual All For
1136424 US1492051065 The Cato
Corporation
North America USA 19/05/2017 Annual Against 2
1.1
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board
diversityConcerns to protect shareholder value
1144891 US14964U1088 Cavium, Inc. North America USA 20/06/2017 Annual All For
1127298 US1506022094 Cedar Realty Trust,
Inc.
North America USA 02/05/2017 Annual Against 5
1.4,1.5,1.7
1.1
Apparent failure to link pay & appropriate
performance
Concerns about reducing shareholder rights
Concerns about reducing shareholder rights
1122134 US1508701034 Celanese
Corporation
North America USA 20/04/2017 Annual All For
1145426 US1510201049 Celgene
Corporation
North America USA 14/06/2017 Annual Against 3,4
1.5,1.7,1.9,1.11
Apparent failure to link pay & appropriate
performance
Concerns about overall performance
1146400 US15117B1035 Celldex
Therapeutics, Inc.
North America USA 15/06/2017 Annual Against 6 Apparent failure to link pay and appropriate
performance
1122196 US15135B1017 Centene
Corporation
North America USA 25/04/2017 Annual All For
1140762 US15136A1025 Centennial
Resource
Development, Inc.
North America USA 25/05/2017 Special Against 1,2 Concerns to protect shareholder value
1144005 US15136A1025 Centennial
Resource
Development, Inc.
North America USA 13/06/2017 Annual Against 1.2 Concerns to protect shareholder valueConcerns
about overall board structure
1124169 US15189T1079 CenterPoint
Energy, Inc.
North America USA 27/04/2017 Annual All For
1118728 US15201P1093 CenterState Banks,
Inc.
North America USA 27/04/2017 Annual Against 1.3 Concerns related to approach to board diversity
1121988 US1547604090 Central Pacific
Financial Corp.
North America USA 28/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1143152 US1564311082 Century Aluminum
Company
North America USA 19/06/2017 Annual Against 1.5 Concerns related to approach to board diversity
1130466 US1565043007 Century
Communities, Inc.
North America USA 10/05/2017 Annual Against 1.5 Concerns related to approach to board diversity
1139236 US1567001060 CenturyLink, Inc. North America USA 24/05/2017 Annual Against 4a
4b,4c
Shareholder proposal promotes appropriate
accountability or incentivisation
Shareholder proposal promotes transparency
1142538 US1567821046 Cerner Corporation North America USA 24/05/2017 Annual Against 1b Vote against combined Chair/CEO
1142538 US1567821046 Cerner Corporation North America USA 24/05/2017 Annual All For
1134375 US1572101053 CEVA, Inc. North America USA 15/05/2017 Annual All For
1131455 US1598641074 Charles River
Laboratories
International, Inc.
North America USA 09/05/2017 Annual All For
1137292 US16115Q3083 Chart Industries,
Inc.
North America USA 25/05/2017 Annual Against 3,5 Apparent failure to link pay and appropriate
performance
1124366 US16119P1084 Charter
Communications,
Inc.
North America USA 25/04/2017 Annual Against 2
1d,1e
3
5
1l
Apparent failure to link pay & appropriate
performance
Overboarded/Too many other time commitments
Proposed term in policy exceeds appropriate limit
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
enhanced shareholder rights
Vote against combined Chair/CEO
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1124366 US16119P1084 Charter
Communications,
Inc.
North America USA 25/04/2017 Annual Against 2
1d,1e
3
5
Apparent failure to link pay & appropriate
performance
Overboarded/Too many other time commitments
Proposed term in policy exceeds appropriate limit
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
enhanced shareholder rights
1133596 US16208T1025 Chatham Lodging
Trust
North America USA 18/05/2017 Annual Against 1.4 Concerns about reducing shareholder rights
1143999 US1630721017 The Cheesecake
Factory
Incorporated
North America USA 08/06/2017 Annual All For
1143999 US1630721017 The Cheesecake
Factory
Incorporated
North America USA 08/06/2017 Annual Against 1a Vote against combined Chair/CEO
1135859 US1630861011 The Chefs'
Warehouse, Inc.
North America USA 19/05/2017 Annual All For
1136448 US16359R1032 Chemed
Corporation
North America USA 15/05/2017 Annual Against 5 Shareholder proposal promotes enhanced
shareholder rights
1122260 US1637311028 Chemical Financial
Corporation
North America USA 26/04/2017 Annual All For
1122733 US1638511089 The Chemours
Company
North America USA 26/04/2017 Annual Against 1e Concerns about overall performance
1139940 US16411R2085 Cheniere Energy,
Inc.
North America USA 18/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1135934 US1651671075 Chesapeake Energy
Corporation
North America USA 19/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1135625 US1652401027 Chesapeake
Lodging Trust
North America USA 17/05/2017 Annual Against 1.6 Concerns related to approach to board diversity
1136420 US1653031088 Chesapeake
Utilities Corporation
North America USA 03/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1137427 US1667641005 Chevron
Corporation
North America USA 31/05/2017 Annual Against 3
9
10
5,8
11
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
1122373 US1672501095 Chicago Bridge &
Iron Company N.V.
Europe Netherland
s
03/05/2017 Annual Against 3
10
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
1148496 US1686151028 Chico's FAS, Inc. North America USA 22/06/2017 Annual All For
1133751 US1689051076 The Children's
Place, Inc.
North America USA 11/05/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1139916 US16934Q2084 Chimera
Investment
Corporation
North America USA 01/06/2017 Annual Against 2
1a
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1146746 US16934W1062 Chimerix, Inc. North America USA 28/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1152076 US16938C1062 China Biologic
Products, Inc.
North America USA 30/06/2017 Annual Against 3
1.1
5
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure 2- Concerns
to protect shareholder value
Concerns to protect shareholder value
1131390 US1696561059 Chipotle Mexican
Grill, Inc.
North America USA 25/05/2017 Annual Against 5 Shareholder proposal promotes enhanced
shareholder rights
1129077 US1699051066 Choice Hotels
International, Inc.
North America USA 21/04/2017 Annual All For
1126580 US1713401024 Church & Dwight
Co., Inc.
North America USA 04/05/2017 Annual All For
1124384 US1714841087 Churchill Downs
Incorporated
North America USA 25/04/2017 Annual Against 1.1 Concerns related to approach to board diversity
1132299 US1717981013 Cimarex Energy Co. North America USA 11/05/2017 Annual All For
1127980 US1718715022 Cincinnati Bell Inc. North America USA 04/05/2017 Annual All For
1126487 US1720621010 Cincinnati Financial
Corporation
North America USA 06/05/2017 Annual All For
1135621 US17243V1026 Cinemark Holdings,
Inc.
North America USA 25/05/2017 Annual All For
1132684 US17273K1097 CIRCOR
International, Inc.
North America USA 10/05/2017 Annual All For
1122241 US1729221069 Citizens & Northern
Corporation
North America USA 20/04/2017 Annual All For
1123835 US1729674242 Citigroup Inc. North America USA 25/04/2017 Annual Against 7 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1133896 US17306X1028 Citi Trends, Inc. North America USA 24/05/2017 Proxy Contest Against No Action Taken 2
4
1.2
1.1,1.2,1.3,2,3,4,5,6
A vote FOR this proposal is warranted given that the
proposal is on ballot solely for Section 162(m)
approval and the committee administering the plan
is fully independent.
Although a concern is noted, a vote FOR this
proposal is warranted as pay and performance are
reasonably aligned at this time
As the dissident has made a compelling case that
change is warranted at the board level, a vote FOR
dissident candidate Duskin and management
nominee Levy on the WHITE card is warranted.
1120392 US1746101054 Citizens Financial
Group, Inc.
North America USA 27/04/2017 Annual All For
1120392 US1746101054 Citizens Financial
Group, Inc.
North America USA 27/04/2017 Annual Against 1.1 Combined CEO/Chair 2- Fund manager or client vote
1144986 US1773761002 Citrix Systems, Inc. North America USA 22/06/2017 Annual Against 1a,2 Fund manager or client vote
1144986 US1773761002 Citrix Systems, Inc. North America USA 22/06/2017 Annual All For
1125500 US1778351056 City Holding
Company
North America USA 19/04/2017 Annual All For
1144024 US1844961078 Clean Harbors, Inc. North America USA 07/06/2017 Annual All For
1129899 US18538R1032 Clearwater Paper
Corporation
North America USA 08/05/2017 Annual All For
1123977 US18683K1016 Cliffs Natural
Resources Inc.
North America USA 25/04/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
1129147 US18911Q1022 Cloud Peak Energy
Inc.
North America USA 10/05/2017 Annual Against 3 <p>Apparent failure to link pay and appropriate
performance</p>
1144263 US1894641000 Clovis Oncology,
Inc.
North America USA 08/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127305 US19075F3047 Cobalt
International
Energy, Inc.
North America USA 02/05/2017 Annual All For
1121967 US1908971088 CoBiz Financial Inc. North America USA 27/04/2017 Annual Against 4 Shareholder proposal promotes appropriate
accountability or incentivisation
1121497 US1912161007 The Coca-Cola
Company
North America USA 26/04/2017 Annual Against 2 Apparent failure to link pay & appropriate
performance
1130467 US1921085049 Coeur Mining, Inc. North America USA 09/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1124598 US19239V3024 Cogent
Communications
Holdings, Inc.
North America USA 03/05/2017 Annual Against 1.2 Concerns related to approach to board diversity
1123688 US1924221039 COGNEX
CORPORATION
North America USA 27/04/2017 Annual Against 5 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1141357 US1924461023 Cognizant
Technology
Solutions
Corporation
North America USA 06/06/2017 Annual All For
1128387 US19247A1007 Cohen & Steers, Inc. North America USA 04/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1135273 US19249H1032 Coherus
BioSciences, Inc.
North America USA 17/05/2017 Annual Against 1.2 <p>Concerns about overall board structure</p>
1137005 US1925761066 Cohu, Inc. North America USA 10/05/2017 Annual Against 1.2 Concerns related to approach to board diversity
1134378 US1940141062 Colfax Corporation North America USA 18/05/2017 Annual Against 1g Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1130651 US1941621039 Colgate-Palmolive
Company
North America USA 12/05/2017 Annual Against 3
5
1d
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes enhanced
shareholder rights
Vote against combined Chair/CEO
1130651 US1941621039 Colgate-Palmolive
Company
North America USA 12/05/2017 Annual Against 3
5
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes enhanced
shareholder rights
1130483 US19625W1045 Colony NorthStar,
Inc.
North America USA 04/05/2017 Annual Against 2
1.5
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1132345 US19625X1028 Colony Starwood
Homes
North America USA 15/05/2017 Annual Against 1.13 Concerns about reducing shareholder rights
1138982 US1972361026 Columbia Banking
System, Inc.
North America USA 24/05/2017 Annual All For
1144008 US1972361026 Columbia Banking
System, Inc.
North America USA 08/06/2017 Special All For
1125296 US1982872038 Columbia Property
Trust, Inc.
North America USA 02/05/2017 Annual All For
1144977 US1985161066 COLUMBIA
SPORTSWEAR
COMPANY
North America USA 13/06/2017 Annual Against 5
7
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes enhanced
shareholder rights
1135631 US1999081045 Comfort Systems
USA, Inc.
North America USA 23/05/2017 Annual All For
1146514 US20030N1019 Comcast
Corporation
North America USA 08/06/2017 Annual Against 6
5
Shareholder proposal promotes efficient capital
structure
Shareholder proposal promotes transparency
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1146514 US20030N1019 Comcast
Corporation
North America USA 08/06/2017 Annual Against 6
5
1.9
Shareholder proposal promotes efficient capital
structure
Shareholder proposal promotes transparency
Vote against combined Chair/CEO
1123136 US2003401070 Comerica
Incorporated
North America USA 25/04/2017 Annual All For
1121503 US2005251036 Commerce
Bancshares, Inc.
North America USA 19/04/2017 Annual All For
1142951 US20084V1089 CommerceHub, Inc. North America USA 16/06/2017 Annual Against 3
1.1
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1139497 US2026081057 Commercial
Vehicle Group, Inc.
North America USA 16/05/2017 Annual Against 1.3 Concerns related to approach to board diversity
1126095 US20337X1090 CommScope
Holding Company,
Inc.
North America USA 05/05/2017 Annual All For
1132694 US2036071064 Community Bank
System, Inc.
North America USA 17/05/2017 Annual All For
1135295 US2036681086 Community Health
Systems, Inc.
North America USA 16/05/2017 Annual Against 5 Shareholder proposal promotes appropriate
accountability or incentivisation
1134183 US2041491083 Community Trust
Bancorp, Inc.
North America USA 25/04/2017 Annual All For
1126058 US20451N1019 Compass Minerals
International, Inc.
North America USA 03/05/2017 Annual All For
1138353 US20451Q1040 Compass
Diversified Holdings
LLC
North America USA 24/05/2017 Annual Against 2
1.2
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1132774 US2053061030 Computer
Programs and
Systems, Inc.
North America USA 11/05/2017 Annual All For
1134739 US20605P1012 Concho Resources
Inc.
North America USA 17/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1138363 US20676Y4035 Condor Hospitality
Trust, Inc.
North America USA 16/05/2017 Annual Against 1.9,3,4
1.2,1.3,1.4,1.5,1.6,1.7,1.8
Policy Rationale:A vote AGAINST the proposed
conversion is warranted given the dilutive impact to
common shareholders. Moreover, the company's
current financial condition does not seem to
support the need for this transaction, the
transaction provides no additional capital to the
company, and there are no apparent downside risks
of non-approval.
WITHHOLD votes are warranted for all director
nominees. While unilateral increases in authorized
shares are permitted (but not required) under
Maryland law, some shareholders expect companies
to put reverse splits and/or increases in authorized
shares to shareholder vote, particularly when the
effective increase in share capital is significant, as in
this case.
1137229 US2067871036 Conduent
Incorporated
North America USA 25/05/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
1130534 US20717E1010 ConforMIS, Inc. North America USA 08/05/2017 Annual Against 1.2 Concerns about overall performance
1139498 US2074101013 CONMED
Corporation
North America USA 24/05/2017 Annual All For
1145020 US20786W1071 ConnectOne
Bancorp, Inc.
North America USA 23/05/2017 Annual Against 1.6 Concerns related to approach to board diversity
1139724 US2082421072 Conn's, Inc. North America USA 31/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1133349 US20825C1045 ConocoPhillips North America USA 16/05/2017 Annual Against 3
5,6
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1133686 US20854P1093 CONSOL Energy Inc. North America USA 09/05/2017 Annual Against 5 Shareholder proposal promotes transparency
1129862 US2090341072 Consolidated
Communications
Holdings, Inc.
North America USA 01/05/2017 Annual All For
1133723 US2091151041 Consolidated
Edison, Inc.
North America USA 15/05/2017 Annual All For
1133723 US2091151041 Consolidated
Edison, Inc.
North America USA 15/05/2017 Annual Against 1f Vote against combined Chair/CEO
1132295 US21075N2045 Contango Oil & Gas
Company
North America USA 11/05/2017 Annual Against 4
1c
<p>Apparent failure to link pay and appropriate
performance</p>
<p>Concerns related to approach to board
diversity</p>
1134181 US2111711030 Continental
Building Products,
Inc.
North America USA 04/05/2017 Annual Against 1.3 Concerns about overall performance
1135544 US2120151012 Continental
Resources, Inc.
North America USA 18/05/2017 Annual Against 4
3
5
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes appropriate
accountability or incentivisation
1124736 US2124851062 Convergys
Corporation
North America USA 26/04/2017 Annual All For
1135301 US21676P1030 Cooper-Standard
Holdings Inc.
North America USA 18/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1125554 US2168311072 Cooper Tire &
Rubber Company
North America USA 05/05/2017 Annual All For
1135958 US2186811046 Core-Mark Holding
Company, Inc.
North America USA 23/05/2017 Annual All For
1135078 US21870Q1058 CoreSite Realty
Corporation
North America USA 24/05/2017 Annual All For
1135607 US21870U5020 CorEnergy
Infrastructure
Trust, Inc.
North America USA 17/05/2017 Annual Against 1.1,1.2 Concerns about reducing shareholder rights
1125441 US21871D1037 CoreLogic, Inc. North America USA 03/05/2017 Annual All For
1131359 US21871N1019 CoreCivic, Inc. North America USA 11/05/2017 Annual Against 1c,1g,1h Concerns about reducing shareholder rights
1148076 US21925Y1038 Cornerstone
OnDemand, Inc.
North America USA 14/06/2017 Annual All For
1124901 US2193501051 Corning
Incorporated
North America USA 27/04/2017 Annual All For
1124901 US2193501051 Corning
Incorporated
North America USA 27/04/2017 Annual Against 1.12 Vote against combined Chair/CEO
1129086 US22002T1088 Corporate Office
Properties Trust
North America USA 11/05/2017 Annual All For
1142970 US22160N1090 CoStar Group, Inc. North America USA 06/06/2017 Annual All For
1138358 US22164K1016 Cotiviti Holdings,
Inc.
North America USA 25/05/2017 Annual Against 3 Concerns to protect shareholder value
1124587 US2227951066 Cousins Properties
Incorporated
North America USA 25/04/2017 Annual All For
1128214 US22282E1029 Covanta Holding
Corporation
North America USA 04/05/2017 Annual All For
1124729 US2243991054 Crane Co. North America USA 24/04/2017 Annual All For
1141874 US2252233042 Cray Inc. North America USA 13/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1144969 US2253101016 Credit Acceptance
Corporation
North America USA 07/06/2017 Annual All For
1140379 US2267181046 Criteo S.A. Europe France 28/06/2017 Annual/Special Against 6
21,22
5
Apparent failure to link pay and appropriate
performance
Issue of equity raises concerns about excessive
dilution of existing shareholders
Performance-related pay/awards for non-executives
1143302 US2270461096 Crocs, Inc. North America USA 06/06/2017 Annual All For
1136472 US2274831047 Cross Country
Healthcare, Inc.
North America USA 23/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1133728 US22822V1017 Crown Castle
International Corp.
North America USA 18/05/2017 Annual Against 4 Shareholder proposal promotes enhanced
shareholder rights
1125530 US2283681060 CROWN HOLDINGS,
INC.
North America USA 27/04/2017 Annual Against 5 Shareholder proposal promotes enhanced
shareholder rights
1130448 US2289031005 CryoLife, Inc. North America USA 17/05/2017 Annual Against 5
1.6
<p>Apparent failure to link pay and appropriate
performance</p>
<p>Concerns related to approach to board
diversity</p>
1140416 US2296631094 CubeSmart North America USA 31/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1124904 US2298991090 Cullen/Frost
Bankers, Inc.
North America USA 27/04/2017 Annual All For
1129145 US2310211063 Cummins Inc. North America USA 09/05/2017 Annual Against 7
16
1
Concerns about reducing shareholder rights
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
enhanced shareholder rights
Vote against combined Chair/CEO
1129145 US2310211063 Cummins Inc. North America USA 09/05/2017 Annual Against 7
8,14
16
Concerns about reducing shareholder rights
Fund manager or client vote
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
enhanced shareholder rights
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1129145 US2310211063 Cummins Inc. North America USA 09/05/2017 Annual Against 7
16
Concerns about reducing shareholder rights
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
enhanced shareholder rights
1128390 US2315611010 Curtiss-Wright
Corporation
North America USA 11/05/2017 Annual All For
1140770 US23204G1004 Customers
Bancorp, Inc.
North America USA 31/05/2017 Annual Against 1.2 Concerns about overall performance
1136674 US2328061096 Cypress
Semiconductor
Corporation
North America USA 20/06/2017 Proxy Contest Against No Action Taken 5
1.1,1.2,1.4,1.5,1.6,1.7,2,3,4,
5
Apparent failure to link pay & appropriate
performance 2- Based on an 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:* Plan cost is excessive; and*
The plan allows broad discretion to accelerate
vesting.
1124905 US23283R1005 CyrusOne Inc. North America USA 28/04/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1124474 US2331532042 DCT Industrial Trust
Inc.
North America USA 03/05/2017 Annual All For
1134717 US23317H1023 DDR Corp. North America USA 09/05/2017 Annual All For
1127023 US23331S1006 DHI Group, Inc. North America USA 28/04/2017 Annual All For
1128546 US2333261079 DST Systems, Inc. North America USA 09/05/2017 Annual All For
1128546 US2333261079 DST Systems, Inc. North America USA 09/05/2017 Annual Against 1.5 Vote against combined Chair/CEO
1136742 US23332B1061 DSP Group, Inc. North America USA 15/05/2017 Annual Against 1.5 <p>Concerns related to approach to board
diversity</p>
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1121509 US2333311072 DTE Energy
Company
North America USA 04/05/2017 Annual Against 5 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1139484 US23334L1026 DSW Inc. North America USA 24/05/2017 Annual Against 2
1.1
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1146624 US2333774071 DXP Enterprises,
Inc.
North America USA 19/06/2017 Annual Against 2
1.2
<p>Apparent failure to link pay and appropriate
performance</p>
<p>Concerns about overall performance</p>
1124178 US2358252052 Dana Incorporated North America USA 27/04/2017 Annual Against 6 Shareholder proposal promotes enhanced
shareholder rights
1132068 US2358511028 Danaher
Corporation
North America USA 09/05/2017 Annual Against 1.2
7
Concerns to protect shareholder value
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1130693 US2372661015 Darling Ingredients
Inc.
North America USA 09/05/2017 Annual All For
1144006 US2383371091 Dave & Buster's
Entertainment, Inc.
North America USA 08/06/2017 Annual Against 7 Apparent failure to link pay and appropriate
performance
1146603 US23918K1088 DaVita Inc. North America USA 16/06/2017 Annual All For
1129143 US2423702032 Dean Foods
Company
North America USA 10/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1135819 US2450771025 Del Frisco's
Restaurant Group,
Inc.
North America USA 18/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139052 US2454961044 Del Taco
Restaurants, Inc.
North America USA 25/05/2017 Annual All For
1135389 US2466471016 Delek US Holdings,
Inc.
North America USA 08/05/2017 Annual Against 1.4 Concerns related to approach to board diversity
1155101 US2466471016 Delek US Holdings,
Inc.
North America USA 29/06/2017 Special All For
1151135 US24703L1035 Dell Technologies
Inc.
North America USA 26/06/2017 Annual Against 5 Concerns to protect shareholder value
1146391 US2473617023 Delta Air Lines, Inc. North America USA 30/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1125250 US2478501008 Deltic Timber
Corporation
North America USA 27/04/2017 Annual All For
1139450 US2479162081 Denbury Resources
Inc.
North America USA 24/05/2017 Annual Against 2
6
Apparent failure to link pay and appropriate
performance
Insufficient basis to support a decision
1124839 US2480191012 Deluxe Corporation North America USA 02/05/2017 Annual All For
1132031 US24869P1049 Denny's
Corporation
North America USA 10/05/2017 Annual All For
1139128 US24906P1093 DENTSPLY SIRONA
Inc.
North America USA 24/05/2017 Annual Against 1a Concerns related to approach to board diversity
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1143921 US25179M1036 Devon Energy
Corporation
North America USA 07/06/2017 Annual Against 10
8
7,9
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
appropriate accountability or incentivisation
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
better management of ESG opportunities and risks
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
transparency
1141346 US2521311074 DexCom, Inc. North America USA 31/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1129849 US25271C1027 Diamond Offshore
Drilling, Inc.
North America USA 16/05/2017 Annual Against 3
5
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1128457 US2527843013 DiamondRock
Hospitality
Company
North America USA 02/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1146500 US25278X1090 Diamondback
Energy, Inc.
North America USA 07/06/2017 Annual Against 2
1.4
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1146039 US2533931026 Dick's Sporting
Goods, Inc.
North America USA 07/06/2017 Annual Against 3,5
1c
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1122675 US2536511031 Diebold Nixdorf,
Incorporated
North America USA 26/04/2017 Annual All For
1130681 US2538681030 Digital Realty Trust,
Inc.
North America USA 08/05/2017 Annual Against 1e Concerns to protect shareholder value
1146613 US25389M8771 DigitalGlobe, Inc. North America USA 22/06/2017 Annual All For
1139652 US2539221083 Dime Community
Bancshares, Inc.
North America USA 25/05/2017 Annual All For
1136022 US2540671011 Dillard's, Inc. North America USA 20/05/2017 Annual Against 5
6
Annual vote provides for greater shareholder
oversight
Shareholder proposal promotes appropriate
accountability or incentivisation
1133345 US2544231069 DineEquity, Inc. North America USA 16/05/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1132126 US2545431015 Diodes
Incorporated
North America USA 16/05/2017 Annual All For
1144001 US25456K1016 Diplomat
Pharmacy, Inc.
North America USA 08/06/2017 Annual All For
1123886 US2547091080 Discover Financial
Services
North America USA 11/05/2017 Annual Against 1.10 Vote against combined Chair/CEO
1123886 US2547091080 Discover Financial
Services
North America USA 11/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1134761 US25470F1049 Discovery
Communications,
Inc.
North America USA 18/05/2017 Annual Against 4
3
1.1
1.2
5,6
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay & appropriate
performance
Concerns about overall performance
Overboarded/Too many other time commitments
Shareholder proposal promotes transparency
1126353 US25470M1099 DISH Network
Corporation
North America USA 01/05/2017 Annual Against 4
1.1
Concerns to protect shareholder value
1138354 US2566771059 Dollar General
Corporation
North America USA 31/05/2017 Annual Against 5
4
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
1148467 US2567461080 Dollar Tree, Inc. North America USA 15/06/2017 Annual All For
1125506 US25746U1097 Dominion Energy
Inc
North America USA 10/05/2017 Annual Against 3
1.5
8,9
Apparent failure to link pay & appropriate
performance
Concerns related to inappropriate membership of
committees
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1124185 US25754A2015 Domino's Pizza, Inc. North America USA 25/04/2017 Annual Against 5 SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
better management of ESG opportunities and risks
1132666 US2575592033 Domtar Corporation North America USA 03/05/2017 Annual All For
1136659 US2578672006 R.R. Donnelley &
Sons Company
North America USA 18/05/2017 Annual All For
1139665 US25787G1004 Donnelley Financial
Solutions, Inc.
North America USA 18/05/2017 Annual All For
1133348 US2582781009 Dorman Products,
Inc.
North America USA 16/05/2017 Annual Against 1.6 Concerns related to approach to board diversity
1139931 US25960P1093 Douglas Emmett,
Inc.
North America USA 01/06/2017 Annual Against 3
1.9
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1132809 US25960R1059 Douglas Dynamics,
Inc.
North America USA 02/05/2017 Annual All For
1132809 US25960R1059 Douglas Dynamics,
Inc.
North America USA 02/05/2017 Annual Against 1.1 Vote against combined Chair/CEO
1127250 US2600031080 Dover Corporation North America USA 05/05/2017 Annual All For
1131382 US2600951048 DOVER DOWNS
GAMING &
ENTERTAINMENT,
INC.
North America USA 26/04/2017 Annual Against 1.2 Concerns about overall board structure
1132366 US2605431038 The Dow Chemical
Company
North America USA 11/05/2017 Annual All For
1132366 US2605431038 The Dow Chemical
Company
North America USA 11/05/2017 Annual Against 1f Vote against combined Chair/CEO
1129874 US26138E1091 Dr Pepper Snapple
Group, Inc.
North America USA 18/05/2017 Annual Against 5 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1132133 US2620371045 Dril-Quip, Inc. North America USA 12/05/2017 Annual Against 5
1.2
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1139620 US2635341090 E. I. du Pont de
Nemours and
Company
North America USA 24/05/2017 Annual Against 3
1h
6
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Shareholder proposal promotes transparency
1131466 US2641471097 Ducommun
Incorporated
North America USA 03/05/2017 Annual Against 1.1 Concerns about overall performance
1123822 US2644115055 Duke Realty
Corporation
North America USA 26/04/2017 Annual All For
1127176 US26441C2044 Duke Energy
Corporation
North America USA 04/05/2017 Annual Against 7,8
6
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127176 US26441C2044 Duke Energy
Corporation
North America USA 04/05/2017 Annual Against 7,8
6
1.6
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
Vote against combined Chair/CEO
1129748 US26483E1001 The Dun &
Bradstreet
Corporation
North America USA 10/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1129748 US26483E1001 The Dun &
Bradstreet
Corporation
North America USA 10/05/2017 Annual Against 3
1a
Apparent failure to link pay and appropriate
performance
Vote against combined Chair/CEO
1129031 US2655041000 Dunkin' Brands
Group, Inc.
North America USA 10/05/2017 Annual Against 4 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1139500 US26613Q1067 DUPONT FABROS
TECHNOLOGY, INC.
North America USA 12/06/2017 Annual All For
1142311 US2681582019 Dynavax
Technologies
Corporation
North America USA 02/06/2017 Annual Against 4
1.3
Apparent failure to link pay and appropriate
performance
Concerns related to attendance at board or
committee meetings
1132164 US26817Q5062 Dynex Capital, Inc. North America USA 16/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1131667 US26817R1086 Dynegy Inc. North America USA 18/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1143750 US2686031079 El Pollo Loco
Holdings, Inc.
North America USA 06/06/2017 Annual Against 1.2,1.3
3
<p>Concerns about overall performance</p>
<p>Shareholder proposal promotes
transparency</p>
1124731 US26875P1012 EOG Resources, Inc. North America USA 27/04/2017 Annual Against 1f Combined CEO/Chair
1124731 US26875P1012 EOG Resources, Inc. North America USA 27/04/2017 Annual All For
1114383 US26884L1098 EQT Corporation North America USA 19/04/2017 Annual All For
1142324 US26884U1097 EPR Properties North America USA 31/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1143926 US26885G1094 Era Group Inc. North America USA 07/06/2017 Annual All For
1132609 US2689481065 Eagle Bancorp, Inc. North America USA 18/05/2017 Annual Against 1.5 Concerns about reducing shareholder rights
1139590 US26907Y1047 ESH Hospitality, Inc. North America USA 17/05/2017 Annual Against 1.6 Concerns to protect shareholder value
1130478 US2692464017 E*TRADE Financial
Corporation
North America USA 11/05/2017 Annual All For
1146485 US2697961082 Eagle
Pharmaceuticals,
Inc.
North America USA 20/06/2017 Annual Against 3
1a
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1140767 US27579R1041 East West Bancorp,
Inc.
North America USA 23/05/2017 Annual All For
1132118 US2772761019 EastGroup
Properties, Inc.
North America USA 11/05/2017 Annual All For
1127385 US2774321002 Eastman Chemical
Company
North America USA 04/05/2017 Annual All For
1132234 US2786421030 eBay Inc. North America USA 18/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1142629 US2787152063 Ebix, Inc. North America USA 24/05/2017 Annual Against 4
1.3
6
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
Shareholder proposal promotes appropriate
accountability or incentivisation
1146645 US27875T1016 Echo Global
Logistics, Inc.
North America USA 16/06/2017 Annual Against 1.4 <p>Overboarded/Too many other time
commitments</p>
1127041 US2787681061 EchoStar
Corporation
North America USA 02/05/2017 Annual Against 4
5,6
1.1
1.4
Apparent failure to link pay and appropriate
performance
Concerns related to attendance at board or
committee meetings
Concerns to protect shareholder valueConcerns
about overall board structure
1124838 US2788651006 Ecolab Inc. North America USA 04/05/2017 Annual Against 1a Combined CEO/Chair
1124838 US2788651006 Ecolab Inc. North America USA 04/05/2017 Annual All For
1125315 US2810201077 Edison International North America USA 27/04/2017 Annual Against 5 Shareholder proposal promotes enhanced
shareholder rights
1130076 US28140H2031 Education Realty
Trust, Inc.
North America USA 10/05/2017 Annual All For
1131366 US28176E1082 Edwards
Lifesciences
Corporation
North America USA 11/05/2017 Annual All For
1146618 US28238P1093 eHealth, Inc. North America USA 13/06/2017 Annual All For
1139690 US2836778546 El Paso Electric
Company
North America USA 25/05/2017 Annual All For
1146486 US2860821022 ELECTRONICS FOR
IMAGING, INC.
North America USA 07/06/2017 Annual Against 1.5 Concerns related to approach to board diversity
1146486 US2860821022 ELECTRONICS FOR
IMAGING, INC.
North America USA 07/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135402 US28849P1003 Ellie Mae, Inc. North America USA 17/05/2017 Annual Against 4 Shareholder proposal promotes appropriate
accountability or incentivisation
1148832 US2888531041 Perry Ellis
International, Inc.
North America USA 13/06/2017 Annual All For
1140741 US29084Q1004 EMCOR Group, Inc. North America USA 01/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1139137 US29089Q1058 Emergent
BioSolutions Inc.
North America USA 25/05/2017 Annual All For
1130679 US2921041065 Empire State Realty
Trust, Inc.
North America USA 11/05/2017 Annual Against 2
1.7
Apparent failure to link pay & appropriate
performance
Concerns about reducing shareholder rights
1139670 US2922181043 Employers
Holdings, Inc.
North America USA 25/05/2017 Annual Against 2
1.1
<p>Apparent failure to link pay and appropriate
performance</p>
<p>Concerns about overall performance</p>
1145448 US2925541029 Encore Capital
Group, Inc.
North America USA 15/06/2017 Annual All For
1129115 US2925621052 Encore Wire
Corporation
North America USA 09/05/2017 Annual Against 1.2 <p>Concerns related to approach to board
diversity</p>
1126053 US29265N1081 Energen
Corporation
North America USA 03/05/2017 Annual All For
1146635 US29266S1069 Endologix, Inc. North America USA 31/05/2017 Annual Against 2,3 Apparent failure to link pay and appropriate
performance
1124700 US29272B1052 Endurance
International Group
Holdings, Inc.
North America USA 26/04/2017 Annual All For
1128397 US29278N1037 Energy Transfer, LP North America USA 26/04/2017 Special All For
1138321 US29286C1071 Engility Holdings,
Inc.
North America USA 25/05/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1127085 US29355X1072 EnPro Industries,
Inc.
North America USA 26/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135838 US29357K1034 Enova
International, Inc.
North America USA 19/05/2017 Annual Against 2
1e
1f
<p>Apparent failure to link pay and appropriate
performance</p>
<p>Concerns about overall performance</p>
<p>Overboarded/Too many other time
commitments</p>
1139136 US29358P1012 The Ensign Group,
Inc.
North America USA 25/05/2017 Annual Against 4
6
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1139597 US29362U1043 Entegris, Inc. North America USA 24/05/2017 Annual Against 1b Concerns related to approach to board diversity
1126062 US29364G1031 Entergy Corporation North America USA 05/05/2017 Annual Against 5 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1126062 US29364G1031 Entergy Corporation North America USA 05/05/2017 Annual Against 5
1c
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
Vote against combined Chair/CEO
1123896 US2937121059 Enterprise Financial
Services Corp
North America USA 02/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1144939 US29414B1044 EPAM Systems, Inc. North America USA 06/06/2017 Annual All For
1144939 US29414B1044 EPAM Systems, Inc. North America USA 06/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1139064 US29414D1000 Envision Healthcare
Corporation
North America USA 25/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1128535 US2944291051 Equifax Inc. North America USA 04/05/2017 Annual Against 5
1i
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
Vote against combined Chair/CEO Fund manager or
client vote
1128535 US2944291051 Equifax Inc. North America USA 04/05/2017 Annual Against 5 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
1142321 US29444U7000 Equinix, Inc. North America USA 31/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1141865 US2946281027 Equity
Commonwealth
North America USA 20/06/2017 Annual All For
1124863 US29472R1086 Equity LifeStyle
Properties, Inc.
North America USA 02/05/2017 Annual Against 1.1
1.6
Concerns about overall performance
Concerns about reducing shareholder rights
1143234 US29476L1070 Equity Residential North America USA 15/06/2017 Annual Against 1.3
5
Concerns about overall performance
Shareholder proposal promotes enhanced
shareholder rights
1119624 US29664W1053 Esperion
Therapeutics, Inc.
North America USA 17/04/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1138473 US2966891028 Essendant Inc. North America USA 23/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1125495 US2971781057 Essex Property
Trust, Inc.
North America USA 16/05/2017 Annual Against 1.2,1.4,1.8 Concerns about reducing shareholder rights
1142059 US29786A1060 Etsy, Inc. North America USA 08/06/2017 Annual Against 3
1c
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1139047 US2987361092 Euronet
Worldwide, Inc.
North America USA 23/05/2017 Annual All For
1146384 US29977A1051 Evercore Partners
Inc.
North America USA 12/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1128196 US30040W1080 Eversource Energy North America USA 03/05/2017 Annual All For
1128541 US30064E1091 Exactech, Inc. North America USA 04/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1123892 US30161N1019 Exelon Corporation North America USA 25/04/2017 Annual All For 3
1138993 US30161Q1040 Exelixis, Inc. North America USA 24/05/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1146576 US3020811044 ExlService Holdings,
Inc.
North America USA 22/06/2017 Annual All For
1147072 US30212P3038 Expedia, Inc. North America USA 13/06/2017 Annual Against 3
2
1h
1d
1k
5
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns related to attendance at board or
committee meetings
Concerns related to inappropriate membership of
committees
Overboarded/Too many other time
commitmentsConcerns about overall board
structure
Shareholder proposal promotes transparency
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127241 US3021301094 Expeditors
International of
Washington, Inc.
North America USA 02/05/2017 Annual All For
1140422 US30214U1025 Exponent, Inc. North America USA 01/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1145972 US30219E1038 Express, Inc. North America USA 07/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1125358 US30219G1085 EXPRESS SCRIPTS
HOLDING COMPANY
North America USA 11/05/2017 Annual Against 5 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
1139595 US30224P2002 Extended Stay
America, Inc.
North America USA 17/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1133749 US30225T1025 Extra Space Storage
Inc.
North America USA 18/05/2017 Annual Against 1.3 Concerns about reducing shareholder rights
1124614 US30227H1068 Exterran
Corporation
North America USA 27/04/2017 Annual All For
1135362 US30227M1053 Extraction Oil &
Gas, Inc.
North America USA 04/05/2017 Annual Against 1B Concerns about overall performanceConcerns about
overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139482 US30231G1022 Exxon Mobil
Corporation
North America USA 31/05/2017 Annual Against 5
10,12,13
7
6
1.11
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
Vote against combined Chair/CEO
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139482 US30231G1022 Exxon Mobil
Corporation
North America USA 31/05/2017 Annual Against 5
10,12,13
7
6
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
1132061 US30239F1066 FBL Financial
Group, Inc.
North America USA 17/05/2017 Annual Against 1.4 Concerns about overall board structure
1122027 US3024451011 FLIR Systems, Inc. North America USA 21/04/2017 Annual All For
1125263 US3024913036 FMC Corporation North America USA 25/04/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1132821 US3025201019 F.N.B. Corporation North America USA 17/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1143931 US30281V1089 FTD Companies, Inc. North America USA 06/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1143267 US3029411093 FTI Consulting, Inc. North America USA 07/06/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139329 US30303M1027 Facebook, Inc. North America USA 01/06/2017 Annual Against 1.4
7
6
3
4
Concerns to protect shareholder value
Policy Rationale:Shareholder proposal promotes
appropriate accountability or incentivisation
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
Shareholder proposal promotes efficient capital
structure
Shareholder proposal promotes transparency
1139329 US30303M1027 Facebook, Inc. North America USA 01/06/2017 Annual Against 1.4
7
6
3
4
1.8
Concerns to protect shareholder value
Policy Rationale:Shareholder proposal promotes
appropriate accountability or incentivisation
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
Shareholder proposal promotes efficient capital
structure
Shareholder proposal promotes transparency
Vote against combined Chair/CEO
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1134184 US30555Q1085 Fairmount Santrol
Holdings Inc.
North America USA 11/05/2017 Annual Against 2
1.1
<p>Apparent failure to link pay and appropriate
performance</p>
<p>Concerns related to attendance at board or
committee meetings</p>
1151140 US3076751086 Farmer Bros. Co. North America USA 20/06/2017 Special All For
1130471 US3116421021 FARO Technologies,
Inc.
North America USA 12/05/2017 Annual All For
1117085 US3119001044 Fastenal Company North America USA 25/04/2017 Annual All For
1127173 US3137472060 Federal Realty
Investment Trust
North America USA 03/05/2017 Annual All For
1122255 US3138551086 Federal Signal
Corporation
North America USA 21/04/2017 Annual All For
1127235 US3154051003 Ferro Corporation North America USA 27/04/2017 Annual Against 1.2 Concerns related to approach to board diversity
1143170 US31572Q8087 FibroGen, Inc. North America USA 07/06/2017 Annual Against 2
1a
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1141949 US31620M1062 Fidelity National
Information
Services, Inc.
North America USA 31/05/2017 Annual All For
1144321 US31620R3030 Fidelity National
Financial, Inc.
North America USA 14/06/2017 Annual Against 3
1.4
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1127229 US3163941053 Fidelity Southern
Corporation
North America USA 27/04/2017 Annual Against 3
1.2
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board
diversityConcerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1147011 US31660B1017 Fiesta Restaurant
Group, Inc.
North America USA 07/06/2017 Proxy Contest Against No Action Taken 3
1.1,1.2,1.3,2,3,4,5
The proposal is on ballot solely for Section 162(m)
approval; however, this is the first opportunity for
shareholders to weigh in on an equity plan following
the company's IPO. As such, the recommendation
relies on the overall Equity Plan Scorecard (EPSC).
Based on evaluation of the estimated cost, plan
features, and grant practices using the EPSC, a vote
AGAINST this proposal is warranted due to the
following key factor(s):* The plan permits repricing
and/or exchange of grants without shareholder
approval;* The plan permits cash buyout of awards
without shareholder approval; and* Plan cost is
excessive.
1121252 US3167731005 Fifth Third Bancorp North America USA 18/04/2017 Annual All For
1135383 US3174851002 Financial Engines,
Inc.
North America USA 23/05/2017 Annual All For
1146442 US3175854047 Financial
Institutions, Inc.
North America USA 21/06/2017 Annual All For
1139935 US31816Q1013 FireEye, Inc. North America USA 01/06/2017 Annual Against 3
1b
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1132263 US31847R1023 First American
Financial
Corporation
North America USA 09/05/2017 Annual All For
1122239 US31866P1021 The First Bancorp,
Inc.
North America USA 26/04/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1129102 US3189101062 First Bancorp North America USA 03/05/2017 Annual Against 1.12 Concerns related to inappropriate membership of
committees
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139478 US3193832041 First Busey
Corporation
North America USA 24/05/2017 Annual Against 1.3 Concerns related to inappropriate membership of
committees
1135937 US3193901002 First Business
Financial Services,
Inc.
North America USA 23/05/2017 Annual All For
1122721 US31946M1036 First Citizens
BancShares, Inc.
North America USA 25/04/2017 Annual Against 1.5
1.9
Concerns about overall performance
Concerns to protect shareholder value
1124191 US3198291078 First
Commonwealth
Financial
Corporation
North America USA 25/04/2017 Annual All For
1123145 US31983A1034 First Community
Bancshares, Inc.
North America USA 25/04/2017 Annual Against 3
1130509 US32006W1062 First Defiance
Financial Corp.
North America USA 09/05/2017 Annual All For
1123618 US32008D1063 First Data
Corporation
North America USA 25/04/2017 Annual Against 1.2
1.1
Concerns related to inappropriate membership of
committees
Concerns to protect shareholder value
1139078 US3202091092 First Financial
Bancorp.
North America USA 23/05/2017 Annual All For
1118214 US32020R1095 First Financial
Bankshares, Inc.
North America USA 25/04/2017 Annual All For
1123718 US3202181000 First Financial
Corporation
North America USA 19/04/2017 Annual Against 1.3
1.1
Concerns about overall performance
Concerns about overall performance
1145347 US32022K1025 First Financial
Northwest, Inc.
North America USA 14/06/2017 Annual All For
1122744 US3205171057 First Horizon
National
Corporation
North America USA 25/04/2017 Annual All For
1136513 US32054K1034 First Industrial
Realty Trust, Inc.
North America USA 11/05/2017 Annual Against 1.5 Concerns related to approach to board diversity
1139072 US32055Y2019 First Interstate
BancSystem, Inc.
North America USA 24/05/2017 Annual Against 6
5
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
1126078 US3208171096 First Merchants
Corporation
North America USA 01/05/2017 Annual All For
1137481 US3208671046 First Midwest
Bancorp, Inc.
North America USA 17/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135373 US33610F1093 First Potomac
Realty Trust
North America USA 23/05/2017 Annual All For
1129716 US33616C1009 First Republic Bank North America USA 09/05/2017 Annual Against 3
7
1a
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes transparency
Vote against combined Chair/CEO
1129716 US33616C1009 First Republic Bank North America USA 09/05/2017 Annual Against 3
7
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes transparency
1134762 US3364331070 First Solar, Inc. North America USA 17/05/2017 Annual Against 4 Annual vote provides for greater shareholder
oversight
1122984 US3369011032 1st Source
Corporation
North America USA 20/04/2017 Annual Against 3
1145999 US33767D1054 FirstCash, Inc. North America USA 08/06/2017 Annual Against 1.2 Concerns related to approach to board diversity
1137479 US3377381088 Fiserv, Inc. North America USA 24/05/2017 Annual Against 2
5
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1132756 US3379321074 FirstEnergy Corp. North America USA 16/05/2017 Annual Against 3
10
11
9
Apparent failure to link pay and appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
Shareholder proposal promotes enhanced
shareholder rights
Shareholder proposal promotes transparency
1139044 US33812L1026 Fitbit, Inc. North America USA 25/05/2017 Annual Against 3
1.6
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder valueConcerns
about overall performance
1150025 US33829M1018 Five Below, Inc. North America USA 20/06/2017 Annual All For
1131303 US3383071012 Five9, Inc. North America USA 15/05/2017 Annual Against 1.3 Concerns about overall performance
1132052 US33830X1046 Five Prime
Therapeutics, Inc.
North America USA 10/05/2017 Annual Against 3
2
Apparent failure to link pay and appropriate
performance
1147189 US3390411052 FleetCor
Technologies, Inc.
North America USA 21/06/2017 Annual Against 4
3
5
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes appropriate
accountability or incentivisation
1128417 US3433891021 Flotek Industries,
Inc.
North America USA 21/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1121505 US3434121022 Fluor Corporation North America USA 04/05/2017 Annual Against 6
1K
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
Vote against combined Chair/CEO
1121505 US3434121022 Fluor Corporation North America USA 04/05/2017 Annual Against 6 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1137277 US3434981011 Flowers Foods, Inc. North America USA 25/05/2017 Annual Against 5 Vote in favour of a resolution requiring or
requesting an independent chair
1135600 US34354P1057 Flowserve
Corporation
North America USA 18/05/2017 Annual Against 5 Shareholder proposal promotes enhanced
shareholder rights
1140744 US3438731057 Flushing Financial
Corporation
North America USA 31/05/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1138707 US3441771009 Fogo de Chao, Inc. North America USA 17/05/2017 Annual Against 1.2 Concerns related to inappropriate membership of
committeesConcerns about overall performance
1144023 US3444374058 Fonar Corporation North America USA 05/06/2017 Annual Against 1.2
4
Concerns about overall board structure
Insufficient basis to support a decision
1135619 US3448491049 Foot Locker, Inc. North America USA 17/05/2017 Annual Against 5
1d
Apparent failure to link pay and appropriate
performance
Vote against combined Chair/CEO
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135619 US3448491049 Foot Locker, Inc. North America USA 17/05/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
1132604 US3453708600 Ford Motor
Company
North America USA 11/05/2017 Annual Against 1k
5
6
Concerns about reducing shareholder rights
Shareholder proposal promotes enhanced
shareholder rights
Shareholder proposal promotes transparency
1149356 US3456051099 Forest City Realty
Trust, Inc.
North America USA 09/06/2017 Annual All For
1129894 US3462331097 Forestar Group Inc. North America USA 09/05/2017 Annual Against 1.3
4
Concerns related to approach to board diversity
Concerns to protect shareholder value
1136486 US3463751087 FormFactor, Inc. North America USA 26/05/2017 Annual All For
1134996 US3465631097 Forrester Research,
Inc.
North America USA 23/05/2017 Annual All For
1147198 US34959E1091 Fortinet, Inc. North America USA 23/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1139714 US34959J1088 Fortive Corporation North America USA 06/06/2017 Annual All For
1120402 US34964C1062 Fortune Brands
Home & Security,
Inc.
North America USA 02/05/2017 Annual All For
1132630 US34984V1008 Forum Energy
Technologies, Inc.
North America USA 16/05/2017 Annual All For
1131150 US3498531017 Forward Air
Corporation
North America USA 09/05/2017 Annual Against 1.5 Concerns related to approach to board diversity
1139485 US34988V1061 Fossil Group, Inc. North America USA 24/05/2017 Annual All For
1138443 US3500601097 L.B. Foster
Company
North America USA 24/05/2017 Annual All For
1146548 US35086T1097 Four Corners
Property Trust, Inc.
North America USA 16/06/2017 Annual All For
1127238 US35138V1026 Fox Factory Holding
Corp.
North America USA 04/05/2017 Annual All For
1142292 US3517931040 Francesca's Holding
Corporation
North America USA 01/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1126086 US3535141028 Franklin Electric
Co., Inc.
North America USA 05/05/2017 Annual Against 3
1a,1b
Apparent failure to link pay & appropriate
performance
Concerns about reducing shareholder rights
1132266 US35471R1068 Franklin Street
Properties Corp.
North America USA 11/05/2017 Annual Against 1.1,1.2 Concerns about reducing shareholder rights
1151137 US3561081007 Fred's, Inc. North America USA 15/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1140761 US35671D8570 Freeport-McMoRan
Inc.
North America USA 06/06/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1132778 US3570231007 FreightCar America,
Inc.
North America USA 11/05/2017 Annual All For
1129827 US35906A1088 Frontier
Communications
Corporation
North America USA 10/05/2017 Annual All For
1115582 US3596941068 H.B. Fuller Company North America USA 06/04/2017 Annual All For
1133692 US3602711000 FULTON FINANCIAL
CORPORATION
North America USA 15/05/2017 Annual All For
1128400 US3614481030 GATX Corporation North America USA 05/05/2017 Annual All For
1128400 US3614481030 GATX Corporation North America USA 05/05/2017 Annual Against 1.4 Vote against combined Chair/CEO
1124743 US36162J1060 The GEO Group, Inc. North America USA 27/04/2017 Annual All For
1126050 US36164Y1010 GCP Applied
Technologies Inc.
North America USA 04/05/2017 Annual Against 1.3 Concerns about overall performance
1134040 US36174X1019 GGP Inc. North America USA 17/05/2017 Annual Against 6 Shareholder proposal promotes enhanced
shareholder rights
1137437 US36191G1076 GNC Holdings, Inc. North America USA 23/05/2017 Annual All For
1149893 US36237H1014 G-III Apparel
Group, Ltd.
North America USA 15/06/2017 Annual All For
1128045 US3635761097 Arthur J. Gallagher
& Co.
North America USA 16/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1144976 US36467J1088 Gaming and Leisure
Properties, Inc.
North America USA 15/06/2017 Annual Against 3
5
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes appropriate
accountability or incentivisation
1150403 US36467W1099 GameStop Corp. North America USA 27/06/2017 Annual All For
1128456 US36473H1041 Gannett Co., Inc. North America USA 10/05/2017 Annual All For
1133604 US3647601083 Gap Inc. North America USA 17/05/2017 Annual All For
1137224 US3666511072 Gartner, Inc. North America USA 01/06/2017 Annual All For
1146014 US3687361044 Generac Holdings
Inc.
North America USA 15/06/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
1133768 US3693001089 General Cable
Corporation
North America USA 18/05/2017 Annual All For
1151074 US3693851095 General
Communication,
Inc.
North America USA 26/06/2017 Annual Against 4
3
1b
<p>Annual vote provides for greater shareholder
oversight</p>
<p>Apparent failure to link pay and appropriate
performance</p>
<p>Concerns about overall performance</p>
1127282 US3695501086 General Dynamics
Corporation
North America USA 03/05/2017 Annual Against 1b Fund manager or client vote Lead director -
Concern in respect of independence given long
tenure (30 years) and family affiliation with
Longview Asset Management, which beneficially
owns 11% of the Company's outstanding common
stock.
1127282 US3695501086 General Dynamics
Corporation
North America USA 03/05/2017 Annual All For
1120823 US3696041033 General Electric
Company
North America USA 26/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1150302 US3715321028 Genesco Inc. North America USA 22/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1136407 US3715591059 Genesee &
Wyoming Inc.
North America USA 24/05/2017 Annual All For
1133797 US3719011096 Gentex Corporation North America USA 18/05/2017 Annual Against 1.1 Vote against combined Chair/CEO
1133797 US3719011096 Gentex Corporation North America USA 18/05/2017 Annual All For
1117273 US3724601055 Genuine Parts
Company
North America USA 24/04/2017 Annual All For
1140279 US37253A1034 Gentherm
Incorporated
North America USA 19/05/2017 Annual All For
1127017 US3742971092 Getty Realty Corp. North America USA 04/05/2017 Annual Against 1b,1c
1f
Concerns about reducing shareholder rights
Concerns related to approach to board diversity
1134174 US3746891072 Gibraltar
Industries, Inc.
North America USA 05/05/2017 Annual All For
1152077 US37518B1026 Gigamon Inc. North America USA 29/06/2017 Annual Against 2,4 Apparent failure to link pay and appropriate
performance
1129087 US3755581036 Gilead Sciences, Inc. North America USA 10/05/2017 Annual Against 7 Shareholder proposal promotes appropriate
accountability or incentivisation
1123857 US37637Q1058 Glacier Bancorp,
Inc.
North America USA 26/04/2017 Annual All For
1125274 US3765361080 Gladstone
Commercial
Corporation
North America USA 04/05/2017 Annual Against 1.1 Concerns about overall performance
1130910 US3773161043 P. H. Glatfelter
Company
North America USA 04/05/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1146595 US37890U1088 Global Blood
Therapeutics, Inc.
North America USA 20/06/2017 Annual Against 1.1 Concerns about overall performanceConcerns
related to approach to board diversity
1135523 US3789734080 Globalstar, Inc. North America USA 16/05/2017 Annual Against 4
6
Annual vote provides for greater shareholder
oversight
Insufficient basis to support a decision
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1129703 US3793782018 Global Net Lease,
Inc.
North America USA 31/05/2017 Annual Against 1d Concerns to protect shareholder value
1126064 US37940X1028 Global Payments
Inc.
North America USA 03/05/2017 Annual All For
1133607 US37949E2046 Globaltrans
Investment Plc
Europe Cyprus 24/04/2017 Annual All For
1138193 US37951Q2021 Global Ports
Investments PLC
Europe Cyprus 12/05/2017 Annual Against 2
3,5,7,8,9,10,11,12,16
Concerns related to Non-audit fees
Lack of independence on board
1137449 US37953G1031 Global Brass and
Copper Holdings,
Inc.
North America USA 25/05/2017 Annual All For
1145420 US3795772082 Globus Medical, Inc. North America USA 07/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1141290 US38000Q1022 GlycoMimetics, Inc. North America USA 25/05/2017 Annual Against 1.1 Concerns about overall performance
1144002 US3802371076 GoDaddy Inc. North America USA 07/06/2017 Annual Against 3
1.1
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1143943 US38046C1099 Gogo Inc. North America USA 07/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1125302 US38141G1040 The Goldman Sachs
Group, Inc.
North America USA 28/04/2017 Annual Against 1a Vote against combined Chair/CEO
1125302 US38141G1040 The Goldman Sachs
Group, Inc.
North America USA 28/04/2017 Annual All For
1122250 US3825501014 The Goodyear Tire
& Rubber Company
North America USA 10/04/2017 Annual All For
1144332 US38268T1034 GoPro, Inc. North America USA 06/06/2017 Annual Against 1.7 Concerns to protect shareholder value
1116071 US38376A1034 Government
Properties Income
Trust
North America USA 17/05/2017 Annual Against 3
2
1.2
1.1
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Overboarded/Too many other time commitments
1129885 US38388F1084 W. R. Grace & Co. North America USA 09/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1123901 US3841091040 Graco Inc. North America USA 28/04/2017 Annual All For
1127353 US3846371041 Graham Holdings
Company
North America USA 04/05/2017 Annual All For
1124153 US3848021040 W.W. Grainger, Inc. North America USA 26/04/2017 Annual All For
1146623 US3850023082 Gramercy Property
Trust
North America USA 15/06/2017 Annual All For
1125700 US38500T1016 GRAN TIERRA
ENERGY INC.
North America USA 03/05/2017 Annual All For
1145979 US38526M1062 Grand Canyon
Education, Inc.
North America USA 14/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1143713 US3873281071 GRANITE
CONSTRUCTION
INCORPORATED
North America USA 08/06/2017 Annual All For
1132717 US3886891015 Graphic Packaging
Holding Company
North America USA 24/05/2017 Annual All For
1129103 US3909051076 Great Southern
Bancorp, Inc.
North America USA 09/05/2017 Annual All For
1127149 US3911641005 Great Plains Energy
Incorporated
North America USA 02/05/2017 Annual Against 6
5
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
better management of ESG opportunities and risks
1139065 US39304D1028 Green Dot
Corporation
North America USA 25/05/2017 Annual All For
1129840 US3932221043 Green Plains Inc. North America USA 09/05/2017 Annual Against 4
3
Apparent failure to link pay and appropriate
performance
1136474 US3989051095 Group 1
Automotive, Inc.
North America USA 12/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1145912 US3994731079 Groupon, Inc. North America USA 13/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1132304 US4001101025 Grubhub Inc. North America USA 11/05/2017 Annual Against 1.3 Concerns about overall performance
1153985 US4016171054 Guess?, Inc. North America USA 29/06/2017 Annual Against 6 Shareholder proposal promotes appropriate
accountability or incentivisation
1122608 US4023071024 Gulf Island
Fabrication, Inc.
North America USA 26/04/2017 Annual All For
1147157 US4026353049 Gulfport Energy
Corporation
North America USA 08/06/2017 Annual Against 2
1.5
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1135949 US4040301081 H&E Equipment
Services, Inc.
North America USA 19/05/2017 Annual Against 1.7 Concerns related to approach to board diversity
1124735 US40412C1018 HCA Healthcare Inc North America USA 27/04/2017 Annual Against 5 Shareholder proposal promotes enhanced
shareholder rights
1124735 US40412C1018 HCA Healthcare Inc North America USA 27/04/2017 Annual Against 1a
5
Combined CEO/Chair 2- Fund manager or client
vote
Shareholder proposal promotes enhanced
shareholder rights
1124309 US40414L1098 HCP, Inc. North America USA 27/04/2017 Annual All For
1124309 US40414L1098 HCP, Inc. North America USA 27/04/2017 Annual Against 1g
1f
Fund manager or client vote 2- Lack of independent
representation at board committees
Fund manager or client vote 2- Overboarded/Too
many other time commitments
1146478 US40416E1038 HCI GROUP, INC. North America USA 25/05/2017 Annual Against 1.1 Concerns about overall performance
1132303 US40416M1053 HD Supply
Holdings, Inc.
North America USA 17/05/2017 Annual All For
1146352 US40418F1084 HFF, Inc. North America USA 25/05/2017 Annual All For
1128441 US4042511000 HNI Corporation North America USA 09/05/2017 Annual All For
1136468 US4043031099 HSN, Inc. North America USA 24/05/2017 Annual Against 4 Annual vote provides for greater shareholder
oversight
1114539 US40434L1052 HP Inc. North America USA 17/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1128229 US4046091090 The Hackett Group,
Inc.
North America USA 03/05/2017 Annual All For
1135931 US4062161017 Halliburton
Company
North America USA 17/05/2017 Annual All For
1135931 US4062161017 Halliburton
Company
North America USA 17/05/2017 Annual Against 1i Vote against combined Chair/CEO
1128240 US40637H1095 Halozyme
Therapeutics, Inc.
North America USA 04/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1122271 US40650V1008 Halyard Health, Inc. North America USA 27/04/2017 Annual All For
1124728 US4101201097 Hancock Holding
Company
North America USA 26/04/2017 Annual All For
1143796 US4103151050 Handy & Harman
Ltd.
North America USA 25/05/2017 Annual Against 2
1.6
1.1
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Concerns related to attendance at board or
committee meetings
1122725 US4103451021 Hanesbrands Inc. North America USA 25/04/2017 Annual All For
1135807 US4104952043 Hanmi Financial
Corporation
North America USA 17/05/2017 Annual All For
1137231 US41068X1000 Hannon Armstrong
Sustainable
Infrastructure
Capital, Inc.
North America USA 01/06/2017 Annual Against 1.3 Concerns about overall performance
1131490 US4108671052 The Hanover
Insurance Group,
Inc.
North America USA 16/05/2017 Annual All For
1125346 US4123243036 Hardinge Inc. North America USA 03/05/2017 Annual All For
1125493 US4128221086 Harley-Davidson,
Inc.
North America USA 29/04/2017 Annual All For
1147179 US4131601027 Harmonic Inc. North America USA 13/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1122717 US4158641070 Harsco Corporation North America USA 25/04/2017 Annual All For
1135486 US4165151048 The Hartford
Financial Services
Group, Inc.
North America USA 17/05/2017 Annual All For
1133586 US4180561072 Hasbro, Inc. North America USA 18/05/2017 Annual All For
1133586 US4180561072 Hasbro, Inc. North America USA 18/05/2017 Annual Against 1.6 Vote against combined Chair/CEO
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1130514 US4195961010 Haverty Furniture
Companies, Inc.
North America USA 08/05/2017 Annual Against 4
1.3
Concerns to protect shareholder value
1127132 US4198701009 Hawaiian Electric
Industries, Inc.
North America USA 05/05/2017 Annual All For
1132116 US4198791018 Hawaiian Holdings,
Inc.
North America USA 10/05/2017 Annual Against A
1.7
Concerns to protect shareholder value
1139918 US4219061086 Healthcare Services
Group, Inc.
North America USA 30/05/2017 Annual Against 1.1,1.2,1.3,1.4,1.5,1.6,1.7,1.
8,1.9
WITHHOLD votes are warranted for all director
nominees for failure to adequately respond to
majority opposition to Dino Ottaviano's re-election
at the 2016 annual meeting.
1127485 US4219243098 HealthSouth
Corporation
North America USA 04/05/2017 Annual All For
1125965 US4219461047 Healthcare Realty
Trust Incorporated
North America USA 02/05/2017 Annual All For
1138485 US42222N1037 HealthStream, Inc. North America USA 25/05/2017 Annual Against 1.3 <p>Concerns related to inappropriate membership
of committees</p>
1149370 US42226A1079 HealthEquity, Inc. North America USA 22/06/2017 Annual Against 3
1.8
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1132293 US4223471040 Heartland Express,
Inc.
North America USA 11/05/2017 Annual Against 5 Shareholder proposal promotes appropriate
accountability or incentivisation
1139524 US42234Q1022 Heartland Financial
USA, Inc.
North America USA 17/05/2017 Annual Against 1.1 Concerns related to approach to board
diversityConcerns about overall board structure
1136460 US4227041062 Hecla Mining
Company
North America USA 25/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1143983 US4228191023 Heidrick &
Struggles
International, Inc.
North America USA 25/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1129859 US42330P1075 Helix Energy
Solutions Group,
Inc.
North America USA 11/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1133998 US42704L1044 Herc Holdings Inc. North America USA 18/05/2017 Annual All For
1124205 US42722X1063 Heritage Financial
Corporation
North America USA 03/05/2017 Annual All For
1126591 US42726M1062 Heritage-Crystal
Clean, Inc.
North America USA 25/04/2017 Annual Against 1.2 Concerns related to approach to board diversity
1142294 US4278255009 Hersha Hospitality
Trust
North America USA 01/06/2017 Annual All For
1127138 US4278661081 The Hershey
Company
North America USA 03/05/2017 Annual Against 1.1 Concerns to protect shareholder value
1139062 US42806J1060 Hertz Global
Holdings, Inc.
North America USA 31/05/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1145740 US42809H1077 Hess Corporation North America USA 07/06/2017 Annual Against 6 A vote FOR this proposal is warranted, as
shareholders would benefit from additional
information about the impact that climate change
regulations might have on the company and its
operations, and the actions that the company is
taking to mitigate these risks.
1124671 US4282911084 Hexcel Corporation North America USA 04/05/2017 Annual Against 1.1 Vote against combined Chair/CEO
1124671 US4282911084 Hexcel Corporation North America USA 04/05/2017 Annual All For
1140746 US4285671016 Hibbett Sports, Inc. North America USA 17/05/2017 Annual All For
1132246 US4312841087 Highwoods
Properties, Inc.
North America USA 10/05/2017 Annual All For
1148952 US4327481010 Hilltop Holdings Inc. North America USA 15/06/2017 Annual Against 2
1.15
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1128055 US43283X1054 Hilton Grand
Vacations Inc.
North America USA 10/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1138986 US43300A2033 Hilton Worldwide
Holdings Inc.
North America USA 24/05/2017 Annual All For
1127352 US4361061082 HollyFrontier
Corporation
North America USA 10/05/2017 Annual Against 1h Concerns related to approach to board diversity
1118239 US4368932004 Home BancShares,
Inc.
North America USA 20/04/2017 Annual Against 1.5 Concerns related to inappropriate membership of
committees
1133725 US4370761029 The Home Depot,
Inc.
North America USA 18/05/2017 Annual Against 7
5
Shareholder proposal promotes enhanced
shareholder rights
Shareholder proposal promotes transparency
1133725 US4370761029 The Home Depot,
Inc.
North America USA 18/05/2017 Annual Against 7
5
1l
Shareholder proposal promotes enhanced
shareholder rights
Shareholder proposal promotes transparency
Vote against combined Chair/CEO
1142627 US43785V1026 HomeStreet, Inc. North America USA 25/05/2017 Annual Against 1.2 Concerns about overall performance
1121243 US4385161066 Honeywell
International Inc.
North America USA 24/04/2017 Annual Against 6
5
Shareholder proposal promotes transparency
Vote in favour of a resolution requiring or
requesting an independent chair
1135738 US4403271046 Horace Mann
Educators
Corporation
North America USA 24/05/2017 Annual All For
1125295 US4404071049 Horizon Bancorp North America USA 04/05/2017 Annual Against 1.1,1.2,1.4 Concerns about reducing shareholder rights
1142253 US4405431069 Hornbeck Offshore
Services, Inc.
North America USA 15/06/2017 Annual Against 4
3
1.2
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1142544 US44106M1027 Hospitality
Properties Trust
North America USA 15/06/2017 Annual Against 3
2
1.1
1.2
5,6
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Overboarded/Too many other time commitments
Shareholder proposal promotes enhanced
shareholder rights
1133763 US44107P1049 Host Hotels &
Resorts, Inc.
North America USA 11/05/2017 Annual All For
1146336 US44109J1060 Hostess Brands, Inc. North America USA 15/06/2017 Annual All For
1130512 US44157R1095 Houghton Mifflin
Harcourt Company
North America USA 19/05/2017 Annual All For
1128234 US44244K1097 Houston Wire &
Cable Company
North America USA 05/05/2017 Annual Against 1.4 Concerns related to approach to board diversity
1137436 US44267D1072 The Howard
Hughes Corporation
North America USA 18/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1126357 US4433201062 Hub Group, Inc. North America USA 10/05/2017 Annual Against 5
1.5
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board
diversityConcerns to protect shareholder value
1123683 US4435106079 Hubbell
Incorporated
North America USA 02/05/2017 Annual All For
1143697 US4435731009 HubSpot, Inc. North America USA 07/06/2017 Annual Against 3
1.1
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1136449 US4440971095 Hudson Pacific
Properties, Inc.
North America USA 24/05/2017 Annual Against 1.8
6
Concerns about reducing shareholder rights
Shareholder proposal promotes transparency
1120670 US4448591028 Humana Inc. North America USA 20/04/2017 Annual Against 1e
5
Concerns about overall board structure
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
1120530 US4456581077 J.B. Hunt Transport
Services, Inc.
North America USA 20/04/2017 Annual Against 1.9,5
6
Concerns related to Non-audit fees
Shareholder proposal promotes transparency
1121518 US4461501045 Huntington
Bancshares
Incorporated
North America USA 20/04/2017 Annual Against 1.15 Vote against combined Chair/CEO
1121518 US4461501045 Huntington
Bancshares
Incorporated
North America USA 20/04/2017 Annual All For
1126629 US4464131063 Huntington Ingalls
Industries, Inc.
North America USA 03/05/2017 Annual Against 5 Shareholder proposal promotes enhanced
shareholder rights
1126561 US4470111075 Huntsman
Corporation
North America USA 04/05/2017 Annual All For
1129119 US4474621020 Huron Consulting
Group Inc.
North America USA 05/05/2017 Annual All For
1135379 US4485791028 Hyatt Hotels
Corporation
North America USA 17/05/2017 Annual Against 1.3 Concerns to protect shareholder value
1125341 US4491721050 Hyster-Yale
Materials Handling,
Inc.
North America USA 03/05/2017 Annual Against 1.4 Concerns to protect shareholder value
1146598 US44919P5089 IAC/InterActiveCorp North America USA 21/06/2017 Annual Against 3
2
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
1142317 US44925C1036 ICF International,
Inc.
North America USA 01/06/2017 Annual All For
1136477 US44930G1076 ICU Medical, Inc. North America USA 09/05/2017 Annual All For
1134178 US44967H1014 ILG, Inc. North America USA 15/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1134178 US44967H1014 ILG, Inc. North America USA 15/05/2017 Annual Against 1.1 Vote against combined Chair/CEO
1134789 US44980X1090 IPG Photonics
Corporation
North America USA 01/06/2017 Annual Against 3
2
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
1135009 US45031U1016 iStar Inc. North America USA 16/05/2017 Annual Against 1.2,1.3,1.4,1.5
5
Concerns about reducing shareholder rights
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
1123356 US45071R1095 Ixia North America USA 12/04/2017 Special All For
1129135 US45073V1089 ITT Inc. North America USA 10/05/2017 Annual All For
1135978 US4508281080 IBERIABANK
Corporation
North America USA 09/05/2017 Annual All For
1133346 US4511071064 IDACORP, Inc. North America USA 18/05/2017 Annual All For
1124730 US45167R1041 IDEX Corporation North America USA 26/04/2017 Annual All For
1124730 US45167R1041 IDEX Corporation North America USA 26/04/2017 Annual Against 1.1 Vote against combined Chair/CEO
1127178 US45168D1046 IDEXX Laboratories,
Inc.
North America USA 03/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1140720 US45174J1034 iHeartMedia, Inc. North America USA 26/05/2017 Annual Against 3
2
1.14
1.12
1.1,1.6,1.7,1.11
1.13
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns about overall board structureConcerns to
protect shareholder value
Concerns related to attendance at board or
committee meetingsConcerns related to
inappropriate membership of committees
Concerns related to inappropriate membership of
committees
Vote against combined Chair/CEO
1128606 US4523081093 Illinois Tool Works
Inc.
North America USA 05/05/2017 Annual Against 1f Vote against combined Chair/CEO
1128606 US4523081093 Illinois Tool Works
Inc.
North America USA 05/05/2017 Annual All For
1139566 US4523271090 Illumina, Inc. North America USA 30/05/2017 Annual All For
1146004 US45253H1014 ImmunoGen, Inc. North America USA 13/06/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
1134820 US45256B1017 Impax
Laboratories, Inc.
North America USA 16/05/2017 Annual All For
1157138 US4529071080 Immunomedics, Inc. North America USA 29/06/2017 Special All For
1142309 US4532041096 Impinj, Inc. North America USA 14/06/2017 Annual Against 1.2 Concerns about overall performance
1124654 US45321L1008 Imperva, Inc. North America USA 26/04/2017 Annual Against 2
1.3
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1138992 US45329R1095 INC Research
Holdings, Inc.
North America USA 23/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139928 US45337C1027 Incyte Corporation North America USA 26/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1134403 US45378A1060 INDEPENDENCE
REALTY TRUST, INC.
North America USA 16/05/2017 Annual Against 1.2 Concerns about reducing shareholder rights 3
1131430 US4538361084 Independent Bank
Corp.
North America USA 18/05/2017 Annual All For
1120265 US4538386099 Independent Bank
Corporation
North America USA 25/04/2017 Annual All For
1146032 US45384B1061 Independent Bank
Group, Inc.
North America USA 25/05/2017 Annual Against 3 Insufficient basis to support a decision
1137291 US45665Q1031 Infinity Property
and Casualty
Corporation
North America USA 17/05/2017 Annual All For
1138385 US45667G1031 Infinera Corporation North America USA 25/05/2017 Annual All For
1127237 US45685L1008 InfraREIT, Inc. North America USA 17/05/2017 Annual Against 1.1 Concerns about reducing shareholder rights
1123603 US45688C1071 Ingevity
Corporation
North America USA 27/04/2017 Annual All For
1134344 US4571871023 Ingredion
Incorporated
North America USA 17/05/2017 Annual All For
1134278 US45765U1034 Insight Enterprises,
Inc.
North America USA 15/05/2017 Annual All For
1135808 US4576693075 Insmed
Incorporated
North America USA 18/05/2017 Annual Against 3 Annual vote provides for greater shareholder
oversight
1124618 US45768S1050 Innospec Inc. North America USA 10/05/2017 Annual Against 3
1.1
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1143798 US45772F1075 Inphi Corporation North America USA 25/05/2017 Annual All For
1139059 US45773Y1055 InnerWorkings, Inc. North America USA 01/06/2017 Annual Against 2
1F
Apparent failure to link pay and appropriate
performance
Concerns related to attendance at board or
committee meetings
1133691 US45774N1081 Innophos Holdings,
Inc.
North America USA 16/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1146596 US45778Q1076 Insperity, Inc. North America USA 16/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1129719 US45780L1044 Inogen, Inc. North America USA 11/05/2017 Annual Against 1.1 <p>Concerns about overall performance</p>
1141872 US45780R1014 Installed Building
Products, Inc.
North America USA 01/06/2017 Annual Against 3
1.1
5
<p>Apparent failure to link pay and appropriate
performance</p>
<p>Concerns about overall performance</p>
<p>Shareholder proposal promotes appropriate
accountability or incentivisation</p>
1141528 US45781D1019 Inovalon Holdings,
Inc.
North America USA 07/06/2017 Annual Against 1.4 Concerns to protect shareholder valueConcerns
about overall performance
1136062 US45784P1012 Insulet Corporation North America USA 17/05/2017 Annual All For
1139721 US4579852082 Integra LifeSciences
Holdings
Corporation
North America USA 23/05/2017 Annual Against 1.5 Concerns related to attendance at board or
committee meetings
1135150 US4581401001 Intel Corporation North America USA 18/05/2017 Annual All For
1140251 US45824V2097 Insys Therapeutics,
Inc.
North America USA 02/05/2017 Annual All For
1139903 US45826H1095 Integer Holdings
Corporation
North America USA 23/05/2017 Annual All For
1121341 US45841N1072 Interactive Brokers
Group, Inc.
North America USA 20/04/2017 Annual Against 1A,1B
4
Concerns about overall board structure
Proposed term in policy exceeds appropriate limit
1147203 US45845P1084 Intercept
Pharmaceuticals,
Inc.
North America USA 27/06/2017 Annual Against 2
1.9
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1133591 US4586653044 Interface, Inc. North America USA 16/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1131538 US45866F1049 Intercontinental
Exchange, Inc.
North America USA 19/05/2017 Annual Against 1i Vote against combined Chair/CEO
1131538 US45866F1049 Intercontinental
Exchange, Inc.
North America USA 19/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1131538 US45866F1049 Intercontinental
Exchange, Inc.
North America USA 19/05/2017 Annual Against 1k Fund manager or client vote
1145975 US45867G1013 InterDigital, Inc. North America USA 14/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1139216 US4590441030 International
Bancshares
Corporation
North America USA 15/05/2017 Annual All For
1139216 US4590441030 International
Bancshares
Corporation
North America USA 15/05/2017 Annual Against 1.5 Vote against combined Chair/CEO
1122728 US4592001014 International
Business Machines
Corporation
North America USA 25/04/2017 Annual Against 3
1.11
6,7
Apparent failure to link pay and appropriate
performance
Fund manager or client vote
Shareholder proposal promotes enhanced
shareholder rights
1122728 US4592001014 International
Business Machines
Corporation
North America USA 25/04/2017 Annual Against 3
6,7
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes enhanced
shareholder rights
1125483 US4595061015 International
Flavors &
Fragrances Inc.
North America USA 03/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1135565 US4601461035 International Paper
Company
North America USA 08/05/2017 Annual Against 5 Shareholder proposal promotes appropriate
accountability or incentivisation
1139455 US4606901001 The Interpublic
Group of
Companies, Inc.
North America USA 25/05/2017 Annual All For
1139455 US4606901001 The Interpublic
Group of
Companies, Inc.
North America USA 25/05/2017 Annual Against 1.8 Vote against combined Chair/CEO
1140897 US46071F1030 Intersect ENT, Inc. North America USA 01/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1146953 US46116X1019 Intra-Cellular
Therapies, Inc.
North America USA 27/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135627 US4612031017 Invacare
Corporation
North America USA 18/05/2017 Annual Against 1.3 <p>Concerns to protect shareholder value</p>
1119219 US46120E6023 Intuitive Surgical,
Inc.
North America USA 20/04/2017 Annual Against 6 Apparent failure to link pay & appropriate
performance
1147195 US46122T1025 Intrexon
Corporation
North America USA 28/06/2017 Annual Against 3
1B
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
1129830 US46123D2053 InvenSense, Inc. North America USA 17/05/2017 Special All For
1124908 US46131B1008 Invesco Mortgage
Capital Inc.
North America USA 03/05/2017 Annual All For
1144004 US46145F1057 Investment
Technology Group,
Inc.
North America USA 08/06/2017 Annual Against 2
1b
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1139481 US46146L1017 Investors Bancorp,
Inc.
North America USA 23/05/2017 Annual All For
1136412 US4622221004 Ionis
Pharmaceuticals,
Inc.
North America USA 24/05/2017 Annual Against 2,3 Apparent failure to link pay and appropriate
performance
1131458 US46269C1027 Iridium
Communications
Inc.
North America USA 11/05/2017 Annual All For
1139917 US4627261005 iRobot Corporation North America USA 23/05/2017 Annual All For
1139088 US46284V1017 Iron Mountain
Incorporated
North America USA 24/05/2017 Annual Against 2,3 Fund manager or client vote
1139088 US46284V1017 Iron Mountain
Incorporated
North America USA 24/05/2017 Annual All For
1140413 US46333X1081 Ironwood
Pharmaceuticals,
Inc.
North America USA 31/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1151465 US46435G6310 iShares Trust North America USA 19/06/2017 Special All For
1128255 US4657411066 Itron, Inc. North America USA 12/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1128255 US4657411066 Itron, Inc. North America USA 12/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135144 US46625H1005 JPMorgan Chase &
Co.
North America USA 16/05/2017 Annual Against 2
5
10
9
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135144 US46625H1005 JPMorgan Chase &
Co.
North America USA 16/05/2017 Annual Against 2
5
10
9
1g
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
Vote against combined Chair/CEO
1126084 US47102X1054 Janus Capital
Group, Inc.
North America USA 25/04/2017 Special Against 3,4 Concerns to protect shareholder value
1133760 US4771431016 JetBlue Airways
Corporation
North America USA 18/05/2017 Annual All For
1131469 US4778391049 John Bean
Technologies
Corporation
North America USA 12/05/2017 Annual All For
1123715 US4781601046 Johnson & Johnson North America USA 27/04/2017 Annual Against 6
1d
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
appropriate accountability or incentivisation
Vote against combined Chair/CEO
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1123715 US4781601046 Johnson & Johnson North America USA 27/04/2017 Annual Against 6 SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
appropriate accountability or incentivisation
1142282 US48020Q1076 Jones Lang LaSalle
Incorporated
North America USA 31/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1127140 US48123V1026 j2 Global, Inc. North America USA 04/05/2017 Annual Against 1.1 Concerns related to approach to board diversity
1137011 US48203R1041 Juniper Networks,
Inc.
North America USA 25/05/2017 Annual Against 8 Shareholder proposal promotes transparency
1142525 US48205A1097 Juno Therapeutics,
Inc.
North America USA 15/06/2017 Annual Against 2
1.3
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1143994 US48238T1097 KAR Auction
Services, Inc.
North America USA 05/06/2017 Annual All For
1134166 US48242W1062 KBR, Inc. North America USA 17/05/2017 Annual All For
1132301 US48244B1008 KCG Holdings, Inc. North America USA 10/05/2017 Annual All For
1132796 US48282T1043 Kadant Inc. North America USA 17/05/2017 Annual All For
1146459 US4830077040 Kaiser Aluminum
Corporation
North America USA 14/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1119123 US4835481031 Kaman Corporation North America USA 19/04/2017 Annual All For
1133364 US4851703029 Kansas City
Southern
North America USA 04/05/2017 Annual Against 4
6
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes enhanced
shareholder rights
1134814 US48562P1030 KapStone Paper
and Packaging
Corporation
North America USA 16/05/2017 Annual All For
1146464 US48576U1060 Karyopharm
Therapeutics Inc.
North America USA 15/06/2017 Annual All For
1148502 US4858651098 Kate Spade &
Company
North America USA 06/06/2017 Annual Against 5 Shareholder proposal promotes enhanced
shareholder rights
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1119258 US48666K1097 KB Home North America USA 13/04/2017 Annual Against 1.8 Concerns related to attendance at board or
committee meetings
1120888 US4878361082 Kellogg Company North America USA 28/04/2017 Annual Against 6 Shareholder proposal promotes enhanced
shareholder rights
1127777 US4884011002 Kemper
Corporation
North America USA 03/05/2017 Annual All For
1146342 US4893981070 Kennedy-Wilson
Holdings, Inc.
North America USA 15/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1144301 US4925151015 Keryx
Biopharmaceuticals,
Inc.
North America USA 08/06/2017 Annual All For
1130745 US4932671088 KeyCorp North America USA 18/05/2017 Annual Against 5 Shareholder proposal promotes appropriate
accountability or incentivisation
1124922 US4937321010 Kforce Inc. North America USA 18/04/2017 Annual All For
1138340 US49427F1084 Kilroy Realty
Corporation
North America USA 23/05/2017 Annual All For
1117277 US4943681035 Kimberly-Clark
Corporation
North America USA 20/04/2017 Annual Against 1.4 Vote against combined Chair/CEO
1117277 US4943681035 Kimberly-Clark
Corporation
North America USA 20/04/2017 Annual All For
1123759 US49446R1095 Kimco Realty
Corporation
North America USA 25/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1132782 US49456B1017 Kinder Morgan, Inc. North America USA 10/05/2017 Annual Against 5,6
4
3
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
1133524 US4945801037 Kindred Healthcare,
Inc.
North America USA 24/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1119035 US4972661064 Kirby Corporation North America USA 25/04/2017 Annual All For
1146018 US4974981056 Kirkland's, Inc. North America USA 02/06/2017 Annual Against 2 <p>Apparent failure to link pay and appropriate
performance</p>
1145933 US49803L1098 Kite Pharma, Inc. North America USA 20/06/2017 Annual Against 4
3
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes appropriate
accountability or incentivisation
1132066 US49803T3005 Kite Realty Group
Trust
North America USA 10/05/2017 Annual Against 1b,1c,1d,1h Concerns about reducing shareholder rights
1129837 US4989042001 Knoll, Inc. North America USA 09/05/2017 Annual All For
1132141 US4990641031 KNIGHT
TRANSPORTATION,
INC.
North America USA 11/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1124362 US49926D1090 Knowles
Corporation
North America USA 02/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1132320 US5002551043 Kohl's Corporation North America USA 10/05/2017 Annual Against 6 Shareholder proposal promotes appropriate
accountability or incentivisation
1146890 US5006001011 Kopin Corporation North America USA 31/05/2017 Annual Against 4 <p>Apparent failure to link pay and appropriate
performance</p>
1134402 US50060P1066 Koppers Holdings
Inc.
North America USA 04/05/2017 Annual All For
1119279 US5007541064 The Kraft Heinz
Company
North America USA 19/04/2017 Annual Against 2
1g
Apparent failure to link pay & appropriate
performance 2- Fund manager or client vote
Fund manager or client vote 2- Overboarded/Too
many other time commitments
1119279 US5007541064 The Kraft Heinz
Company
North America USA 19/04/2017 Annual Against 2
4,5,6
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks 2- SH: For shareholder
resolution, against management recommendation /
Shareholder proposal promotes transparency
1139661 US50077C1062 Kraton Corporation North America USA 25/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1149611 US5010441013 The Kroger Co. North America USA 22/06/2017 Annual Against 2
8
5,6,7
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
appropriate accountability or incentivisation
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
better management of ESG opportunities and risks
1149611 US5010441013 The Kroger Co. North America USA 22/06/2017 Annual Against 2
8
5,6,7
1e
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
appropriate accountability or incentivisation
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
better management of ESG opportunities and risks
Vote against combined Chair/CEO
1135479 US5017971046 L Brands, Inc. North America USA 18/05/2017 Annual Against 5 Shareholder proposal promotes enhanced
shareholder rights
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1146503 US50187A1079 LHC Group, Inc. North America USA 08/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1127175 US50187T1060 LGI Homes, Inc. North America USA 04/05/2017 Annual Against 1.5
4
<p>Concerns related to approach to board
diversity</p>
<p>Shareholder proposal promotes enhanced
shareholder rights</p>
1124381 US5018892084 LKQ Corporation North America USA 08/05/2017 Annual All For
1137444 US50189K1034 LCI Industries North America USA 25/05/2017 Annual Against 1.4 Concerns related to approach to board diversity
1137282 US50212V1008 LPL Financial
Holdings Inc.
North America USA 17/05/2017 Annual All For
1146942 US5021601043 LSB Industries, Inc. North America USA 01/06/2017 Annual Against 3
1.3
<p>Apparent failure to link pay and appropriate
performance</p>
<p>Concerns about overall performance</p>
1144260 US5021751020 LTC Properties, Inc. North America USA 01/06/2017 Annual All For
1144260 US5021751020 LTC Properties, Inc. North America USA 01/06/2017 Annual Against 1.4 Vote against combined Chair/CEO
1137467 US50218P1075 LSC
Communications,
Inc.
North America USA 18/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1129144 US5024131071 L3 Technologies Inc. North America USA 09/05/2017 Annual All For
1135608 US50420D1081 La Quinta Holdings
Inc.
North America USA 18/05/2017 Annual Against 1.2 Concerns related to approach to board diversity
1132765 US50540R4092 Laboratory
Corporation of
America Holdings
North America USA 11/05/2017 Annual Against 1d Vote against combined Chair/CEO
1132765 US50540R4092 Laboratory
Corporation of
America Holdings
North America USA 11/05/2017 Annual All For
1133695 US5116371007 Lakeland Bancorp,
Inc.
North America USA 10/05/2017 Annual All For
1118204 US5116561003 Lakeland Financial
Corporation
North America USA 11/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139680 US5128161099 Lamar Advertising
Company
North America USA 25/05/2017 Annual Against 3
1.2
Annual vote provides for greater shareholder
oversight
Concerns to protect shareholder value
1137315 US5150981018 Landstar System,
Inc.
North America USA 23/05/2017 Annual All For
1126097 US5168061068 Laredo Petroleum,
Inc.
North America USA 10/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1142058 US5178341070 Las Vegas Sands
Corp.
North America USA 08/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1128532 US5179421087 LaSalle Hotel
Properties
North America USA 04/05/2017 Annual Against 1.2,1.3 Concerns about reducing shareholder rights
1146470 US5184151042 Lattice
Semiconductor
Corporation
North America USA 31/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1132241 US5218652049 Lear Corporation North America USA 18/05/2017 Annual All For
1131479 US5246601075 Leggett & Platt,
Incorporated
North America USA 09/05/2017 Annual All For
1139583 US52471Y1064 LegacyTexas
Financial Group, Inc.
North America USA 22/05/2017 Annual All For
1143078 US52603A1097 LendingClub
Corporation
North America USA 06/06/2017 Annual Against 2
1.2
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1146338 US52603B1070 LendingTree, Inc. North America USA 14/06/2017 Annual Against 4
3,5
6
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes appropriate
accountability or incentivisation
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1120081 US5260571048 Lennar Corporation North America USA 18/04/2017 Annual Against 3
1.10
5
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
Shareholder proposal promotes enhanced
shareholder rights
1135925 US5261071071 Lennox
International Inc.
North America USA 18/05/2017 Annual All For
1152836 US52634T2006 Lenta Ltd Emerging Markets Virgin Isl
(UK)
23/06/2017 Annual Abstain 4 Concerns related to inappropriate membership of
committees
1140415 US5272881047 Leucadia National
Corporation
North America USA 25/05/2017 Annual Against 1.11 Overboarded/Too many other time commitments
1135624 US52729N3089 Level 3
Communications,
Inc.
North America USA 25/05/2017 Annual All For
1125271 US5288723027 Lexicon
Pharmaceuticals,
Inc.
North America USA 27/04/2017 Annual Against 1.3 Concerns about overall board structure
1134171 US5290431015 Lexington Realty
Trust
North America USA 16/05/2017 Annual All For
1141233 US5303073051 Liberty Broadband
Corporation
North America USA 24/05/2017 Annual Against 1.2
1.1
Concerns about overall performance
Overboarded/Too many other time commitments
1143878 US53046P1093 Liberty Expedia
Holdings, Inc.
North America USA 20/06/2017 Annual Against 4
2,3
1.4
1.1
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board
diversityConcerns to protect shareholder value
Overboarded/Too many other time commitments
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1141217 US53071M1045 Liberty Interactive
Corporation
North America USA 24/05/2017 Annual Against 4
1.2
Annual vote provides for greater shareholder
oversight
Concerns to protect shareholder value
1135088 US5311721048 Liberty Property
Trust
North America USA 18/05/2017 Annual All For
1141230 US5312297063 Liberty Media
Corporation
North America USA 24/05/2017 Annual Against 3
1.3
1.2
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Concerns to protect shareholder valueConcerns
about overall performance
1141229 US5314651028 Liberty TripAdvisor
Holdings, Inc.
North America USA 24/05/2017 Annual Against 1.1 Concerns about overall performance
1143818 US53219L1098 LifePoint Health,
Inc.
North America USA 06/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1139679 US53220K5048 Ligand
Pharmaceuticals
Incorporated
North America USA 25/05/2017 Annual Against 3
1.1
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1137276 US53223X1072 Life Storage, Inc. North America USA 18/05/2017 Annual Against 1.3 Concerns related to approach to board diversity
1125537 US5324571083 Eli Lilly and
Company
North America USA 01/05/2017 Annual Against 1a
6
Concerns about overall performance
Shareholder proposal promotes transparency
1125528 US5339001068 Lincoln Electric
Holdings, Inc.
North America USA 20/04/2017 Annual All For
1125528 US5339001068 Lincoln Electric
Holdings, Inc.
North America USA 20/04/2017 Annual Against 1.8 Vote against combined Chair/CEO
1139684 US5341871094 Lincoln National
Corporation
North America USA 26/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1141959 US5352191093 Lindblad
Expeditions
Holdings, Inc.
North America USA 07/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1122233 US5367971034 Lithia Motors, Inc. North America USA 19/04/2017 Annual Against 1.6
1.5
Concerns about overall performance
Concerns to protect shareholder value
1124257 US5370081045 Littelfuse, Inc. North America USA 28/04/2017 Annual Against 1f Concerns related to approach to board diversity
1141871 US5380341090 Live Nation
Entertainment, Inc.
North America USA 06/06/2017 Annual Against 3
2
1f
1i
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns related to attendance at board or
committee meetings
Overboarded/Too many other time commitments
1141871 US5380341090 Live Nation
Entertainment, Inc.
North America USA 06/06/2017 Annual Against 3
1f
1i
Annual vote provides for greater shareholder
oversight
Concerns related to attendance at board or
committee meetings
Overboarded/Too many other time commitments
1146627 US5381461012 LivePerson, Inc. North America USA 02/06/2017 Annual All For
1124725 US5398301094 Lockheed Martin
Corporation
North America USA 27/04/2017 Annual All For 1b,1c,1e,1g,1l
1124725 US5398301094 Lockheed Martin
Corporation
North America USA 27/04/2017 Annual Against 1i Vote against combined Chair/CEO 1b,1c,1e,1g,1l
1130729 US5404241086 Loews Corporation North America USA 09/05/2017 Annual Against 1f,1h Concerns related to inappropriate membership of
committees
1139079 US54142L1098 LogMeIn, Inc. North America USA 01/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1125508 US5463471053 Louisiana-Pacific
Corporation
North America USA 05/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1142227 US5486611073 Lowe's Companies,
Inc.
North America USA 02/06/2017 Annual Against 5
1.9
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
Vote against combined Chair/CEO
1142227 US5486611073 Lowe's Companies,
Inc.
North America USA 02/06/2017 Annual Against 5 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1146873 US5488621013 Loxo Oncology, Inc. North America USA 22/06/2017 Annual Against 1.1 Concerns about overall performance
1143303 US5500211090 lululemon athletica
inc.
North America USA 08/06/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1138727 US55003T1079 Lumber Liquidators
Holdings, Inc.
North America USA 24/05/2017 Annual Against 3 <p>Apparent failure to link pay and appropriate
performance</p>
1133800 US55027E1029 Luminex
Corporation
North America USA 18/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1142361 US5502831051 Lumos Networks
Corp.
North America USA 24/05/2017 Annual Against 4.7 <p>Concerns related to approach to board
diversity</p>
1140307 US5506781062 Luxfer Holdings PLC United Kingdom United
Kingdom
23/05/2017 Annual Against 2,3
6
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1121513 US5508191062 Lydall, Inc. North America USA 28/04/2017 Annual All For
1138293 US5520747008 William Lyon
Homes
North America USA 23/05/2017 Annual Against 1.4 <p>Concerns to protect shareholder value</p>
1120894 US55261F1049 M&T Bank
Corporation
North America USA 18/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1126558 US55262C1009 MBIA Inc. North America USA 03/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1135858 US55264U1088 MB Financial, Inc. North America USA 23/05/2017 Annual All For
1118193 US5526761086 M.D.C. Holdings,
Inc.
North America USA 24/04/2017 Annual Against 1.3 Concerns related to approach to board diversity
1128394 US5526901096 MDU Resources
Group, Inc.
North America USA 09/05/2017 Annual All For
1137458 US55272X1028 MFA Financial, Inc. North America USA 24/05/2017 Annual All For
1129141 US55277P1049 MGE Energy, Inc. North America USA 16/05/2017 Annual All For
1125235 US55279C2008 MD Medical Group
Investments Plc
Europe Cyprus 21/04/2017 Annual All For
1135549 US55279C2008 MD Medical Group
Investments Plc
Europe Cyprus 28/04/2017 Special All For
1140917 US5529531015 MGM Resorts
International
North America USA 31/05/2017 Annual All For
1140917 US5529531015 MGM Resorts
International
North America USA 31/05/2017 Annual Against 1.9 Vote against combined Chair/CEO
1133544 US55305B1017 M/I Homes, Inc. North America USA 09/05/2017 Annual All For
1128295 US55306N1046 MKS Instruments,
Inc.
North America USA 10/05/2017 Annual All For
1124477 US55345K1034 MRC Global Inc. North America USA 02/05/2017 Annual Against 1.2 Concerns to protect shareholder value
1136065 US5534981064 MSA Safety
Incorporated
North America USA 17/05/2017 Annual All For
1128108 US55354G1004 MSCI Inc. North America USA 11/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1143271 US5537771033 MTS Systems
Corporation
North America USA 06/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1126590 US55378A1051 MTGE Investment
Corp.
North America USA 02/05/2017 Annual All For
1122275 US55405W1045 MYR Group Inc. North America USA 27/04/2017 Annual Against 1.3 Concerns related to approach to board diversity
1140403 US5543821012 The Macerich
Company
North America USA 01/06/2017 Annual Against 1g Concerns about overall performance
1146354 US5544891048 Mack-Cali Realty
Corporation
North America USA 09/06/2017 Annual Against 1.6 Concerns about overall performance
1128185 US55608B1052 Macquarie
Infrastructure
Corporation
North America USA 17/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1133592 US5560991094 MacroGenics, Inc. North America USA 18/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1132328 US55616P1049 Macy's, Inc. North America USA 19/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1135139 US5562691080 Steven Madden,
Ltd.
North America USA 26/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1135139 US5562691080 Steven Madden,
Ltd.
North America USA 26/05/2017 Annual Against 3
1.1
Apparent failure to link pay and appropriate
performance
Vote against combined Chair/CEO
1138415 US5590792074 Magellan Health,
Inc.
North America USA 24/05/2017 Annual All For
1148937 US5603172082 Mail RU Group Ltd. Emerging Markets Virgin Isl
(UK)
02/06/2017 Annual Abstain Against 2.1
2.7
Concerns related to inappropriate membership of
committees
Concerns related to inappropriate membership of
committees
1123662 US56035L1044 Main Street Capital
Corporation
North America USA 01/05/2017 Annual Against 4 Annual vote provides for greater shareholder
oversight
1128226 US56062Y1029 MainSource
Financial Group, Inc.
North America USA 03/05/2017 Annual All For
1132798 US5627501092 Manhattan
Associates, Inc.
North America USA 18/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1124733 US5635711089 The Manitowoc
Company, Inc.
North America USA 02/05/2017 Annual All For
1147154 US56382Q1022 Manning & Napier,
Inc.
North America USA 14/06/2017 Annual Against 1.3 Concerns to protect shareholder value
1135789 US56400P7069 MannKind
Corporation
North America USA 18/05/2017 Annual Against 1.4 Concerns related to approach to board diversity
1119274 US56418H1005 ManpowerGroup
Inc.
North America USA 02/05/2017 Annual Against 1I Vote against combined Chair/CEO
1119274 US56418H1005 ManpowerGroup
Inc.
North America USA 02/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135948 US5645631046 ManTech
International
Corporation
North America USA 17/05/2017 Annual Against 3
1.7
1.4
<p>Annual vote provides for greater shareholder
oversight</p>
<p>Concerns related to attendance at board or
committee meetings</p>
<p>Concerns to protect shareholder value</p>
1139505 US5658491064 Marathon Oil
Corporation
North America USA 31/05/2017 Annual All For
1123851 US56585A1025 Marathon
Petroleum
Corporation
North America USA 26/04/2017 Annual Against 5,6
7
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
enhanced shareholder rights
1129904 US5663301068 THE MARCUS
CORPORATION
North America USA 04/05/2017 Annual Against 2
1.7
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1127236 US5705351048 Markel Corporation North America USA 15/05/2017 Annual All For
1144028 US57060D1081 MarketAxess
Holdings Inc.
North America USA 08/06/2017 Annual Against 3
1a
Apparent failure to link pay and appropriate
performance
Vote against combined Chair/CEO
1144028 US57060D1081 MarketAxess
Holdings Inc.
North America USA 08/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1129884 US57164Y1073 Marriott Vacations
Worldwide
Corporation
North America USA 12/05/2017 Annual All For
1132342 US5717481023 Marsh & McLennan
Companies, Inc.
North America USA 18/05/2017 Annual Against 2 Apparent failure to link pay & appropriate
performance
1133360 US5719032022 Marriott
International, Inc.
North America USA 05/05/2017 Annual All For
1127148 US5730751089 Marten Transport,
Ltd.
North America USA 09/05/2017 Annual Against 1.7
5
Concerns related to approach to board diversity
Insufficient basis to support a decision
1139908 US5732841060 Martin Marietta
Materials, Inc.
North America USA 18/05/2017 Annual Against 5 Shareholder proposal promotes enhanced
shareholder rights
1132285 US5745991068 Masco Corporation North America USA 12/05/2017 Annual All For
1138488 US5747951003 Masimo
Corporation
North America USA 01/06/2017 Annual Against 3,5 Apparent failure to link pay and appropriate
performance
1129088 US5763231090 MasTec, Inc. North America USA 18/05/2017 Annual All For
1146463 US57636Q1040 Mastercard
Incorporated
North America USA 27/06/2017 Annual Against 2 Apparent failure to link pay & appropriate
performance
1141879 US5764852050 Matador Resources
Company
North America USA 01/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1128051 US5766901012 Materion
Corporation
North America USA 03/05/2017 Annual All For
1122726 US57686G1058 Matson, Inc. North America USA 27/04/2017 Annual All For
1135092 US5770811025 Mattel, Inc. North America USA 19/05/2017 Annual All For
1141361 US57776J1007 MAXLINEAR, INC. North America USA 24/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1125681 US5788771021 MBT Financial Corp. North America USA 04/05/2017 Annual Against 1.4 Concerns related to inappropriate membership of
committees
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139516 US5801351017 McDonald's
Corporation
North America USA 24/05/2017 Annual Against 7
10,11
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
better management of ESG opportunities and risks
1145277 US5828391061 Mead Johnson
Nutrition Company
North America USA 31/05/2017 Special Against 3 Apparent failure to link pay and appropriate
performanceConcerns related to inappropriate
service contracts
1146984 US5839281061 Medallion Financial
Corp.
North America USA 22/06/2017 Annual Against 3
1.2
Apparent failure to link pay and appropriate
performance
Concerns related to attendance at board or
committee meetings
1124879 US58409L3069 MedEquities Realty
Trust, Inc.
North America USA 03/05/2017 Annual Against 1.8 Concerns related to approach to board
diversityConcerns about overall performance
1145334 US58463J3041 Medical Properties
Trust, Inc.
North America USA 25/05/2017 Annual Against 1.4 Concerns related to approach to board diversity
1144270 US5846881051 THE MEDICINES
COMPANY
North America USA 25/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1135830 US58470H1014 Medifast, Inc. North America USA 18/05/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1140755 US58471A1051 Medidata
Solutions, Inc.
North America USA 30/05/2017 Annual Against 2
1g
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1124876 US58502B1061 MEDNAX, Inc. North America USA 11/05/2017 Annual All For
1134811 US58506Q1094 Medpace Holdings,
Inc.
North America USA 19/05/2017 Annual Against 1.2 Concerns about overall performance
1146046 US58733R1023 MercadoLibre, Inc. North America USA 13/06/2017 Annual All For
1139074 US5880561015 Mercer
International Inc.
North America USA 31/05/2017 Annual All For
1137151 US58933Y1055 Merck & Co., Inc. North America USA 23/05/2017 Annual Against 5
7
Shareholder proposal promotes appropriate
accountability or incentivisation
Shareholder proposal promotes transparency
1137151 US58933Y1055 Merck & Co., Inc. North America USA 23/05/2017 Annual Against 5
7
1d
Shareholder proposal promotes appropriate
accountability or incentivisation
Shareholder proposal promotes transparency
Vote against combined Chair/CEO
1132046 US5894001008 MERCURY GENERAL
CORPORATION
North America USA 10/05/2017 Annual All For
1137472 US5898891040 Merit Medical
Systems, Inc.
North America USA 24/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1129111 US59001A1025 Meritage Homes
Corporation
North America USA 19/05/2017 Annual Against 3
1.3
Apparent failure to link pay & appropriate
performance
Concerns about reducing shareholder rights
1119867 US59116R1077 Metaldyne
Performance Group
Inc.
North America USA 05/04/2017 Special All For
1144971 US59156R1086 MetLife, Inc. North America USA 13/06/2017 Annual Against 5 Shareholder proposal promotes enhanced
shareholder rights
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1123876 US5926881054 Mettler-Toledo
International Inc.
North America USA 04/05/2017 Annual All For
1142650 US59408Q1067 The Michaels
Companies, Inc.
North America USA 07/06/2017 Annual All For
1141541 US5949724083 MicroStrategy
Incorporated
North America USA 31/05/2017 Annual Against 3 Annual vote provides for greater shareholder
oversight
1140730 US59522J1034 Mid-America
Apartment
Communities, Inc.
North America USA 23/05/2017 Annual All For
1131408 US5962781010 The Middleby
Corporation
North America USA 09/05/2017 Annual Against 1.1
6
Combined CEO/Chair
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1131408 US5962781010 The Middleby
Corporation
North America USA 09/05/2017 Annual Against 6 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1122152 US5985111039 MidWest One
Financial Group, Inc.
North America USA 20/04/2017 Annual All For
1124377 US59870L1061 Milacron Holdings
Corp.
North America USA 25/04/2017 Annual Against 3
1.2
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board
diversityConcerns about overall performance
1139048 US6024961012 MiMedx Group, Inc. North America USA 17/05/2017 Annual All For
1134722 US6031581068 MINERALS
TECHNOLOGIES INC.
North America USA 17/05/2017 Annual Against 5 Shareholder proposal promotes enhanced
shareholder rights
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139926 US60649T1079 Mistras Group, Inc. North America USA 16/05/2017 Annual Against 1.5 Concerns related to approach to board diversity
1122629 US60740F1057 Mobile Mini, Inc. North America USA 27/04/2017 Annual All For
1144351 US60786M1053 MOELIS &
COMPANY
North America USA 09/06/2017 Annual Against 1.5
3
Concerns about overall board structure
Insufficient basis to support a decision
1144351 US60786M1053 MOELIS &
COMPANY
North America USA 09/06/2017 Annual Against 1.5
3
1.1
Concerns about overall board structure
Insufficient basis to support a decision
Vote against combined Chair/CEO
1135471 US6081901042 Mohawk Industries,
Inc.
North America USA 18/05/2017 Annual Against 1.2 Vote against combined Chair/CEO
1135471 US6081901042 Mohawk Industries,
Inc.
North America USA 18/05/2017 Annual All For
1122745 US60855R1005 Molina Healthcare,
Inc.
North America USA 10/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1135152 US60871R2094 Molson Coors
Brewing Company
North America USA 17/05/2017 Annual All For
1144947 US60877T1007 Momenta
Pharmaceuticals,
Inc.
North America USA 20/06/2017 Annual All For
1146508 US6090271072 Monarch Casino &
Resort, Inc.
North America USA 14/06/2017 Annual Against 4
3
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
1129727 US6092071058 Mondelez
International, Inc.
North America USA 17/05/2017 Annual All For
1129727 US6092071058 Mondelez
International, Inc.
North America USA 17/05/2017 Annual Against 5 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1136679 US60935Y2081 MoneyGram
International, Inc.
North America USA 16/05/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1145374 US60935Y2081 MoneyGram
International, Inc.
North America USA 12/06/2017 Annual Against 4
3
1e
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
1132261 US6097201072 Monmouth Real
Estate Investment
Corporation
North America USA 18/05/2017 Annual Against 1.3 Concerns about reducing shareholder rights
1147204 US60979P1057 Monogram
Residential Trust,
Inc.
North America USA 29/06/2017 Annual Against 2
1.4
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1146504 US6098391054 Monolithic Power
Systems, Inc.
North America USA 15/06/2017 Annual All For
1135141 US61022P1003 Monotype Imaging
Holdings Inc.
North America USA 01/05/2017 Annual All For
1146475 US61174X1090 Monster Beverage
Corporation
North America USA 19/06/2017 Annual Against 4
7
6
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
Shareholder proposal promotes enhanced
shareholder rights
1123884 US6153691059 Moody's
Corporation
North America USA 25/04/2017 Annual All For
1136167 US6174464486 Morgan Stanley North America USA 22/05/2017 Annual Against 1d Vote against combined Chair/CEO
1136167 US6174464486 Morgan Stanley North America USA 22/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1132716 US6177001095 Morningstar, Inc. North America USA 12/05/2017 Annual Against 3
2
Apparent failure to link pay and appropriate
performance
1134006 US61945C1036 The Mosaic
Company
North America USA 18/05/2017 Annual All For
1129140 US6200763075 Motorola
Solutions, Inc.
North America USA 15/05/2017 Annual Against 1c
5
Concerns related to inappropriate membership of
committees
Shareholder proposal promotes transparency
1149371 US6245801062 Movado Group, Inc. North America USA 22/06/2017 Annual Against 3
1.8
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1131332 US6247561029 Mueller Industries,
Inc.
North America USA 04/05/2017 Annual Against 3
1.7
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1127862 US6267171022 Murphy Oil
Corporation
North America USA 10/05/2017 Annual All For
1124254 US6267551025 Murphy USA Inc. North America USA 04/05/2017 Annual All For
1126073 US6284641098 Myers Industries,
Inc.
North America USA 26/04/2017 Annual All For
1143285 US62857M1053 MyoKardia, Inc. North America USA 14/06/2017 Annual Against 1.2 Concerns about overall performance
1139695 US6287781024 NBT Bancorp Inc. North America USA 23/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1124867 US62886E1082 NCR Corporation North America USA 26/04/2017 Annual Against 2,4,5
7
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes enhanced
shareholder rights
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1140899 US62913F5089 NII Holdings, Inc. North America USA 24/05/2017 Annual Against 2
1F
1E
1B
Apparent failure to link pay & appropriate
performance
Concerns about overall performance
Concerns about overall performance
Concerns related to approach to board diversity
1125297 US62914B1008 NIC Inc. North America USA 02/05/2017 Annual All For
1131149 US6292093050 NMI Holdings, Inc. North America USA 11/05/2017 Annual Against 2
1.6
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1124333 US6293775085 NRG Energy, Inc. North America USA 27/04/2017 Annual Against 7 Shareholder proposal promotes transparency
1124328 US62942X3061 NRG Yield, Inc. North America USA 25/04/2017 Annual Against 3
1.6
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder valueConcerns
about overall board structure
1132731 US62944T1051 NVR, Inc. North America USA 04/05/2017 Annual All For
1133504 US6300771051 NANOMETRICS
INCORPORATED
North America USA 23/05/2017 Annual All For
1130655 US6311031081 Nasdaq, Inc. North America USA 10/05/2017 Annual All For
1129091 US6337071046 National Bank
Holdings
Corporation
North America USA 03/05/2017 Annual All For
1123899 US6353091076 National
CineMedia, Inc.
North America USA 28/04/2017 Annual All For
1133629 US6359061008 National
HealthCare
Corporation
North America USA 09/05/2017 Annual Against 5
3
1b
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committeesConcerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1131457 US6362203035 National General
Holdings Corp.
North America USA 09/05/2017 Annual Against 1.7 Concerns related to inappropriate membership of
committees
1125230 US63633D1046 National Health
Investors, Inc.
North America USA 08/05/2017 Annual All For
1131151 US6365181022 National
Instruments
Corporation
North America USA 09/05/2017 Annual Against 5 Annual vote provides for greater shareholder
oversight
1135852 US6370711011 National Oilwell
Varco, Inc.
North America USA 17/05/2017 Annual All For
1135381 US6372151042 National Presto
Industries, Inc.
North America USA 16/05/2017 Annual Against 5
2
<p>Annual vote provides for greater shareholder
oversight</p>
<p>Apparent failure to link pay and appropriate
performance</p>
1130656 US6374171063 NATIONAL RETAIL
PROPERTIES, INC.
North America USA 25/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1139581 US6378701063 National Storage
Affiliates Trust
North America USA 25/05/2017 Annual Against 1.2 Concerns related to approach to board
diversityConcerns about overall performance
1146628 US63886Q1094 Natural Gas
Services Group, Inc.
North America USA 15/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1139321 US6389041020 The Navigators
Group, Inc.
North America USA 25/05/2017 Annual All For
1146055 US6390501038 Natus Medical
Incorporated
North America USA 21/06/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1128333 US63910B1026 Nautilus, Inc. North America USA 25/04/2017 Annual All For
1136458 US63935N1072 Navigant
Consulting, Inc.
North America USA 16/05/2017 Annual All For
1139082 US63938C1080 Navient Corporation North America USA 25/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1137286 US6400791090 Neenah Paper, Inc. North America USA 23/05/2017 Annual All For
1146634 US6402681083 Nektar Therapeutics North America USA 14/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139320 US64031N1081 Nelnet, Inc. North America USA 25/05/2017 Annual Against 1h
1i,5
Concerns related to inappropriate membership of
committees
Concerns to protect shareholder value
1139703 US64051T1007 NeoPhotonics
Corporation
North America USA 01/06/2017 Annual Against 4
3
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
1143154 US64110L1061 Netflix, Inc. North America USA 06/06/2017 Annual Against 3
1.2
8
7
6
9,10
5
Apparent failure to link pay & appropriate
performance
Concerns about overall performance
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
appropriate accountability or incentivisation
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
better management of ESG opportunities and risks
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
better management of ESG opportunities and risks
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
enhanced shareholder rights
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
enhanced shareholder rights
1141985 US64111Q1040 NETGEAR, Inc. North America USA 01/06/2017 Annual Against 3
6
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes enhanced
shareholder rights
1141883 US64125C1099 Neurocrine
Biosciences, Inc.
North America USA 22/05/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1138290 US64157F1030 Nevro Corp. North America USA 25/05/2017 Annual Against 3
1.1
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1139087 US64704V1061 New Media
Investment Group
Inc.
North America USA 25/05/2017 Annual Against 3
1.1
4
<p>Apparent failure to link pay and appropriate
performance</p>
<p>Concerns related to attendance at board or
committee meetingsOverboarded/Too many other
time commitments</p>
<p>Shareholder proposal promotes appropriate
accountability or incentivisation</p>
1138375 US64828T2015 New Residential
Investment Corp.
North America USA 25/05/2017 Annual All For
1145002 US6494451031 New York
Community
Bancorp, Inc.
North America USA 06/06/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1129869 US6496045013 New York
Mortgage Trust, Inc.
North America USA 11/05/2017 Annual Against 1.4 Concerns about reducing shareholder rights 2-
Concerns related to approach to board diversity
1146617 US64976L1098 New York REIT, Inc. North America USA 08/06/2017 Annual Against 3
1.1,1.5
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1120291 US6501111073 The New York
Times Company
North America USA 19/04/2017 Annual All For
1131383 US6512291062 NEWELL BRANDS
INC.
North America USA 09/05/2017 Annual All For
1130469 US6512901082 Newfield
Exploration
Company
North America USA 16/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1132770 US6515111077 NEWLINK GENETICS
CORPORATION
North America USA 12/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1121768 US6515871076 NewMarket
Corporation
North America USA 27/04/2017 Annual All For
1119275 US6516391066 Newmont Mining
Corporation
North America USA 20/04/2017 Annual Against 3
5
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1135467 US6517185046 Newpark
Resources, Inc.
North America USA 18/05/2017 Annual Against 4
1.5
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1147164 US65336K1034 Nexstar Media
Group, Inc.
North America USA 08/06/2017 Annual Against 4 Annual vote provides for greater shareholder
oversight
1129136 US65339F1012 NextEra Energy, Inc. North America USA 18/05/2017 Annual Against 6 Shareholder proposal promotes transparency
1122267 US65406E1029 Nicolet Bankshares,
Inc.
North America USA 09/05/2017 Annual All For
1132129 US65473P1057 NiSource Inc. North America USA 09/05/2017 Annual All For
1118692 US6550441058 Noble Energy, Inc. North America USA 25/04/2017 Annual Against 1d
6
Concerns related to inappropriate membership of
committees
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
better management of ESG opportunities and risks
1134969 US6556641008 Nordstrom, Inc. North America USA 16/05/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
1126411 US6558441084 Norfolk Southern
Corporation
North America USA 11/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139055 US6655311099 Northern Oil and
Gas, Inc.
North America USA 25/05/2017 Annual Against 3 <p>Apparent failure to link pay and appropriate
performance</p>
1124199 US6658591044 Northern Trust
Corporation
North America USA 25/04/2017 Annual All For
1137455 US66611T1088 Northfield Bancorp,
Inc.
North America USA 24/05/2017 Annual All For
1139515 US6667621097 Northrim BanCorp,
Inc.
North America USA 25/05/2017 Annual All For
1132253 US6668071029 Northrop
Grumman
Corporation
North America USA 17/05/2017 Annual Against 1.1 Vote against combined Chair/CEO
1132253 US6668071029 Northrop
Grumman
Corporation
North America USA 17/05/2017 Annual All For
1120093 US6673401039 Northwest
Bancshares, Inc.
North America USA 19/04/2017 Annual All For
1139326 US6676551046 Northwest Natural
Gas Company
North America USA 25/05/2017 Annual All For
1124369 US6680743050 NorthWestern
Corporation
North America USA 27/04/2017 Annual Against 5 Insufficient basis to support a decision
1146466 US6700021040 Novavax, Inc. North America USA 15/06/2017 Annual Against 3
2
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
1139689 US67011P1003 NOW Inc. North America USA 24/05/2017 Annual All For
1124912 US67018T1051 Nu Skin
Enterprises, Inc.
North America USA 11/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127179 US6703461052 Nucor Corporation North America USA 11/05/2017 Annual Against 4
6
5
Annual vote provides for greater shareholder
oversight
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
1135809 US67066G1040 NVIDIA Corporation North America USA 23/05/2017 Annual All For
1135809 US67066G1040 NVIDIA Corporation North America USA 23/05/2017 Annual Against 1i Fund manager or client vote
1129875 US67069D1081 Nutrisystem, Inc. North America USA 10/05/2017 Annual All For
1134888 US6707041058 NuVasive, Inc. North America USA 18/05/2017 Annual All For
1144613 US67072V1035 NxSTAGE MEDICAL,
INC.
North America USA 25/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1132296 US6708371033 OGE Energy Corp. North America USA 18/05/2017 Annual All For
1132040 US6708662019 O'KEY Group SA Europe Luxembour
g
28/04/2017 Annual Against 7 Apparent failure to link pay and appropriate
performance
1128207 US67103H1077 O'Reilly
Automotive, Inc.
North America USA 09/05/2017 Annual Against 6 Shareholder proposal promotes enhanced
shareholder rights
1126547 US6742151086 Oasis Petroleum
Inc.
North America USA 04/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1128171 US6745991058 Occidental
Petroleum
Corporation
North America USA 12/05/2017 Annual Against 6
5,7
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
appropriate accountability or incentivisation
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
better management of ESG opportunities and risks
1130663 US6752321025 Oceaneering
International, Inc.
North America USA 05/05/2017 Annual Against 1.2 Concerns about overall board structure
1130663 US6752321025 Oceaneering
International, Inc.
North America USA 05/05/2017 Annual Against 3
1.2
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
1144402 US6752341080 OceanFirst
Financial Corp.
North America USA 02/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1136446 US6757463095 Ocwen Financial
Corporation
North America USA 24/05/2017 Annual All For
1128183 US6780261052 Oil States
International, Inc.
North America USA 09/05/2017 Annual All For
1139929 US6795801009 Old Dominion
Freight Line, Inc.
North America USA 17/05/2017 Annual Against 1.7 Concerns related to approach to board diversity
1119875 US6800331075 Old National
Bancorp
North America USA 27/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139682 US6802231042 Old Republic
International
Corporation
North America USA 26/05/2017 Annual Against 3
1.1,1.2,1.3,1.4
5
Apparent failure to link pay and appropriate
performance
Concerns about overall performanceConcerns to
protect shareholder value
Shareholder proposal promotes enhanced
shareholder rights
1120662 US6806652052 Olin Corporation North America USA 27/04/2017 Annual All For
1145372 US6811161099 Ollie's Bargain
Outlet Holdings, Inc.
North America USA 07/06/2017 Annual Against 1.2 Concerns about overall performance
1126047 US68162K1060 Olympic Steel, Inc. North America USA 28/04/2017 Annual All For
1139518 US6819191064 Omnicom Group
Inc.
North America USA 25/05/2017 Annual All For
1143242 US6819361006 Omega Healthcare
Investors, Inc.
North America USA 08/06/2017 Annual All For
1146439 US68210P1075 Omega Protein
Corporation
North America USA 29/06/2017 Annual All For
1139934 US68213N1090 Omnicell, Inc. North America USA 23/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1141538 US6821591087 On Assignment, Inc. North America USA 08/06/2017 Annual All For
1138367 US6821891057 ON Semiconductor
Corporation
North America USA 17/05/2017 Annual All For
1135154 US68235P1084 ONE Gas, Inc. North America USA 25/05/2017 Annual All For
1141944 US6824061039 One Liberty
Properties, Inc.
North America USA 14/06/2017 Annual Against 3
2
1.3
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1135492 US6826801036 ONEOK, Inc. North America USA 24/05/2017 Annual All For
1152543 US6826801036 ONEOK, Inc. North America USA 30/06/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1138991 US68268W1036 OneMain Holdings,
Inc.
North America USA 25/05/2017 Annual Against 2
1.2
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1142967 US6837451037 Ophthotech
Corporation
North America USA 19/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1146356 US68375N1037 OPKO Health, Inc. North America USA 15/06/2017 Annual Against 2
1.5,1.8
1.6
1.1,1.3
Apparent failure to link pay and appropriate
performance
Concerns related to attendance at board or
committee meetings
Concerns related to attendance at board or
committee meetingsConcerns related to
inappropriate membership of committeesConcerns
about overall board structure
Overboarded/Too many other time commitments
1131708 US6840001027 Opus Bank North America USA 11/05/2017 Annual Against 1.2 Concerns related to approach to board
diversityConcerns about overall performance
1134715 US68554V1089 OraSure
Technologies, Inc.
North America USA 16/05/2017 Annual All For
1124341 US68555P1003 ORBCOMM Inc. North America USA 19/04/2017 Annual All For
1136492 US68628V3087 Orion Group
Holdings, Inc.
North America USA 25/05/2017 Annual Against 4
1
<p>Annual vote provides for greater shareholder
oversight</p>
<p>Concerns related to approach to board
diversity</p>
1118536 US6866881021 Ormat
Technologies, Inc.
North America USA 08/05/2017 Annual Against 4 Annual vote provides for greater shareholder
oversight
1146491 US68906L1052 Otonomy, Inc. North America USA 20/06/2017 Annual Against 1.3 Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1143936 US69007J1060 OUTFRONT Media
Inc.
North America USA 12/06/2017 Annual Against 1.2 Concerns about overall performance
1143974 US69014Q1013 OvaScience, Inc. North America USA 08/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1126587 US6907321029 Owens & Minor,
Inc.
North America USA 05/05/2017 Annual All For
1124356 US6907421019 Owens Corning North America USA 20/04/2017 Annual All For
1131699 US6907684038 Owens-Illinois, Inc. North America USA 11/05/2017 Annual All For
1150756 US6908281081 Owens Realty
Mortgage, Inc.
North America USA 19/06/2017 Annual All For
1147676 US6914973093 Oxford Industries,
Inc.
North America USA 14/06/2017 Annual All For
1132048 US69318G1067 PBF Energy Inc. North America USA 18/05/2017 Annual Against 1.3 Concerns related to approach to board
diversityConcerns to protect shareholder value
1140750 US69327R1014 PDC Energy, Inc. North America USA 30/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1145874 US69329Y1047 PDL BioPharma, Inc. North America USA 09/06/2017 Annual All For
1140302 US69331C1080 PG&E Corporation North America USA 30/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1149881 US6933202029 PHH Corporation North America USA 31/05/2017 Special All For
1146421 US6933202029 PHH Corporation North America USA 28/06/2017 Annual Against 3
1.1
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1142289 US69336V1017 PGT Innovations,
Inc.
North America USA 18/05/2017 Annual All For
1123697 US6934751057 The PNC Financial
Services Group, Inc.
North America USA 25/04/2017 Annual All For
1123697 US6934751057 The PNC Financial
Services Group, Inc.
North America USA 25/04/2017 Annual Against 1.3 Vote against combined Chair/CEO
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1134372 US69349H1077 PNM Resources, Inc. North America USA 16/05/2017 Annual Against 5,6 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1121492 US6935061076 PPG Industries, Inc. North America USA 20/04/2017 Annual All For
1132124 US69351T1060 PPL Corporation North America USA 17/05/2017 Annual Against 6
1.6
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
Vote against combined Chair/CEO
1132124 US69351T1060 PPL Corporation North America USA 17/05/2017 Annual Against 6 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1142052 US69354M1080 PRA Health
Sciences, Inc.
North America USA 01/06/2017 Annual Against 3
1.2
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committeesConcerns about overall performance
1140926 US69354N1063 PRA Group, Inc. North America USA 01/06/2017 Annual All For
1127324 US69360J1079 PS Business Parks,
Inc.
North America USA 25/04/2017 Annual All For
1148471 US6936561009 PVH CORP. North America USA 15/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1145832 US69366J2006 PTC Therapeutics,
Inc.
North America USA 09/06/2017 Annual Against 3
1.2
Apparent failure to link pay and appropriate
performance
Overboarded/Too many other time commitments
1124358 US6937181088 PACCAR Inc North America USA 25/04/2017 Annual Against 3
4,5
Shareholder proposal promotes enhanced
shareholder rights
1145302 US69478X1054 Pacific Premier
Bancorp, Inc.
North America USA 31/05/2017 Annual Against 2,3 Apparent failure to link pay and appropriate
performance
1141867 US6951271005 Pacira
Pharmaceuticals,
Inc.
North America USA 13/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1128382 US6951561090 Packaging
Corporation of
America
North America USA 16/05/2017 Annual All For
1128382 US6951561090 Packaging
Corporation of
America
North America USA 16/05/2017 Annual Against 1.4 Vote against combined Chair/CEO
1132271 US6952631033 PacWest Bancorp North America USA 15/05/2017 Annual Against 7 Insufficient basis to support a decision
1127068 US6988131024 Papa John's
International, Inc.
North America USA 27/04/2017 Annual All For
1127068 US6988131024 Papa John's
International, Inc.
North America USA 27/04/2017 Annual Against 1e Vote against combined Chair/CEO
1135615 US69924R1086 Paramount Group,
Inc.
North America USA 18/05/2017 Annual Against 2
1g
Apparent failure to link pay and appropriate
performance
Concerns about reducing shareholder rights
1133550 US7006661000 Park-Ohio Holdings
Corp.
North America USA 11/05/2017 Annual Against 4
3
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
1131386 US7010811013 Parker Drilling
Company
North America USA 09/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1134823 US70156Q1076 Parkway, Inc. North America USA 23/05/2017 Annual Against 1.7 Concerns related to approach to board diversity
1140395 US7018771029 Parsley Energy, Inc. North America USA 02/06/2017 Annual All For
1142550 US7033431039 Patrick Industries,
Inc.
North America USA 17/05/2017 Annual Against 4
1.3
<p>Apparent failure to link pay and appropriate
performance</p>
Concerns about reducing shareholder rights
1139710 US70338P1003 Pattern Energy
Group Inc.
North America USA 01/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1129472 US7034811015 Patterson-UTI
Energy, Inc.
North America USA 20/04/2017 Special All For
1151672 US7034811015 Patterson-UTI
Energy, Inc.
North America USA 29/06/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1130694 US70432V1026 Paycom Software,
Inc.
North America USA 01/05/2017 Annual All For
1139068 US70450Y1038 PayPal Holdings,
Inc.
North America USA 24/05/2017 Annual Against 6,7 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1145957 US70509V1008 Pebblebrook Hotel
Trust
North America USA 30/06/2017 Annual Against 1.4 Concerns about overall performance
1145300 US7055731035 Pegasystems Inc. North America USA 21/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1143834 US7075691094 Penn National
Gaming, Inc.
North America USA 14/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1128187 US7081601061 J. C. Penney
Company, Inc.
North America USA 19/05/2017 Annual All For
1143997 US7091021078 Pennsylvania Real
Estate Investment
Trust
North America USA 01/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139692 US70931T1034 PennyMac
Mortgage
Investment Trust
North America USA 25/05/2017 Annual Against 3
1.3
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1124325 US70959W1036 Penske Automotive
Group, Inc.
North America USA 10/05/2017 Annual Against 1.3,1.6,1.13 Concerns about overall board structure
1143682 US70975L1070 Penumbra, Inc. North America USA 07/06/2017 Annual Against 1b Concerns about overall performance
1120879 US7097891011 Peoples Bancorp
Inc.
North America USA 27/04/2017 Annual All For
1121501 US7127041058 People's United
Financial, Inc.
North America USA 20/04/2017 Annual All For
1124880 US7134481081 PepsiCo, Inc. North America USA 03/05/2017 Annual Against 1i Vote against combined Chair/CEO
1124880 US7134481081 PepsiCo, Inc. North America USA 03/05/2017 Annual All For
1145842 US71375U1016 Perficient, Inc. North America USA 14/06/2017 Annual Against 2,5
1.2
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1120689 US7140461093 PerkinElmer, Inc. North America USA 25/04/2017 Annual Against 1c Vote against combined Chair/CEO
1120689 US7140461093 PerkinElmer, Inc. North America USA 25/04/2017 Annual All For
1124423 US7170811035 Pfizer Inc. North America USA 27/04/2017 Annual Against 7
6
1.10
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
Vote against combined Chair/CEO
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1124423 US7170811035 Pfizer Inc. North America USA 27/04/2017 Annual Against 7
6
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
1146882 US71714F1049 PharMerica
Corporation
North America USA 14/06/2017 Annual Against 5 Shareholder proposal promotes enhanced
shareholder rights
1127128 US7181721090 Philip Morris
International Inc.
North America USA 03/05/2017 Annual Against 1.8 Overboarded/Too many other time commitments
1126422 US7185461040 Phillips 66 North America USA 03/05/2017 Annual All For
1127170 US71943U1043 Physicians Realty
Trust
North America USA 03/05/2017 Annual Against 1.5 Concerns related to approach to board diversity
1126566 US7201902068 Piedmont Office
Realty Trust, Inc.
North America USA 18/05/2017 Annual All For
1149947 US7202791080 Pier 1 Imports, Inc. North America USA 22/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1132205 US72147K1088 Pilgrim's Pride
Corporation
North America USA 28/04/2017 Annual Against 8
7
6
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
appropriate accountability or incentivisation
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
better management of ESG opportunities and risks
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
better management of ESG opportunities and risks
1121500 US72346Q1040 Pinnacle Financial
Partners, Inc.
North America USA 18/04/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1149214 US72346Q1040 Pinnacle Financial
Partners, Inc.
North America USA 12/06/2017 Special All For
1132772 US7234841010 Pinnacle West
Capital Corporation
North America USA 17/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1139514 US72348P1049 Pinnacle Foods Inc. North America USA 23/05/2017 Annual All For
1123140 US72348Y1055 Pinnacle
Entertainment, Inc.
North America USA 01/05/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
1139720 US7236641087 Pioneer Energy
Services Corp.
North America USA 17/05/2017 Annual Against 1.1 <p>Concerns related to approach to board
diversity</p>
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135558 US7237871071 Pioneer Natural
Resources Company
North America USA 18/05/2017 Annual Against 5 SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
better management of ESG opportunities and risks
1129836 US7240781002 Piper Jaffray
Companies
North America USA 11/05/2017 Annual All For
1128428 US7244791007 Pitney Bowes Inc. North America USA 08/05/2017 Annual Against 1k Concerns to protect shareholder value
1131475 US72703H1014 Planet Fitness, Inc. North America USA 09/05/2017 Annual Against 1.1
2
1.2
Concerns about overall performance
Concerns related to Non-audit fees
Concerns related to attendance at board or
committee meetings
1139580 US72766Q1058 Platform Specialty
Products
Corporation
North America USA 05/06/2017 Annual Against 2
1.5
1.4
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Concerns related to approach to board diversity
1122246 US7310681025 Polaris Industries
Inc.
North America USA 27/04/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1132128 US73179P1066 PolyOne
Corporation
North America USA 11/05/2017 Annual All For
1130747 US73278L1052 Pool Corporation North America USA 02/05/2017 Annual Against 1f Concerns related to approach to board diversity
1124123 US7365088472 Portland General
Electric Company
North America USA 26/04/2017 Annual All For
1142924 US7370101088 Portola
Pharmaceuticals,
Inc.
North America USA 16/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1127313 US73754Y1001 Potbelly
Corporation
North America USA 11/05/2017 Annual All For
1133365 US7376301039 Potlatch
Corporation
North America USA 01/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127297 US7392761034 Power Integrations,
Inc.
North America USA 19/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1123819 US74005P1049 Praxair, Inc. North America USA 25/04/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1123819 US74005P1049 Praxair, Inc. North America USA 25/04/2017 Annual Against 1g Fund manager or client vote 2- Overboarded/Too
many other time commitments
1123819 US74005P1049 Praxair, Inc. North America USA 25/04/2017 Annual Against 3
1a
Apparent failure to link pay & appropriate
performance
Vote against combined Chair/CEO
1124402 US74039L1035 Preferred
Apartment
Communities, Inc.
North America USA 04/05/2017 Annual Against 1.4
1.8
1.5
Concerns related to approach to board diversity
Concerns to protect shareholder value
Concerns to protect shareholder value
1125376 US7404441047 Preformed Line
Products Company
North America USA 09/05/2017 Annual Against 3
1.2
Concerns about overall board structure
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1124869 US74144T1088 T. Rowe Price
Group, Inc.
North America USA 26/04/2017 Annual Against 9,10
8
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks 2- SH: For shareholder
resolution, against management recommendation /
Shareholder proposal promotes transparency
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks 2- SH: For shareholder
resolution, against management recommendation /
Shareholder proposal promotes transparency
1143081 US7415034039 The Priceline Group
Inc.
North America USA 08/06/2017 Annual Against 5 SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
enhanced shareholder rights
3
1137261 US74164F1030 Primoris Services
Corporation
North America USA 05/05/2017 Annual Against 3
1.1,1.2
1.3
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure
Concerns related to inappropriate membership of
committees
1134983 US74164M1080 Primerica, Inc. North America USA 17/05/2017 Annual All For
1133470 US74251V1026 Principal Financial
Group, Inc.
North America USA 16/05/2017 Annual All For
1139925 US74267C1062 ProAssurance
Corporation
North America USA 31/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1138532 US7429621037 PrivateBancorp, Inc. North America USA 12/05/2017 Special Against 2 Concerns related to inappropriate service contract(s)
1145388 US7431871067 Progenics
Pharmaceuticals,
Inc.
North America USA 14/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1150409 US7433121008 PROGRESS
SOFTWARE
CORPORATION
North America USA 15/06/2017 Annual Against 2
1.6
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1132767 US7433151039 The Progressive
Corporation
North America USA 12/05/2017 Annual All For
1127355 US74340W1036 Prologis, Inc. North America USA 03/05/2017 Annual All For
1139615 US7434241037 Proofpoint, Inc. North America USA 01/06/2017 Annual All For
1135940 US74346Y1038 PROS Holdings, Inc. North America USA 18/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1123131 US7436061052 Prosperity
Bancshares, Inc.
North America USA 18/04/2017 Annual Against 1.1 Concerns about overall performance
1134334 US7437131094 Proto Labs, Inc. North America USA 18/05/2017 Annual All For
1146482 US7438151026 The Providence
Service Corporation
North America USA 15/06/2017 Annual Against 1.3 Concerns about overall board structure
1124334 US74386T1051 Provident Financial
Services, Inc.
North America USA 27/04/2017 Annual All For
1126055 US7443201022 Prudential
Financial, Inc.
North America USA 09/05/2017 Annual All For
1123225 US7445731067 Public Service
Enterprise Group
Incorporated
North America USA 18/04/2017 Annual All For
1123225 US7445731067 Public Service
Enterprise Group
Incorporated
North America USA 18/04/2017 Annual Against 1.4 Vote against combined Chair/CEO
1124726 US74460D1090 Public Storage North America USA 26/04/2017 Annual Against 1.6 Concerns about reducing shareholder rights
1125996 US7458671010 PulteGroup, Inc. North America USA 03/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1146340 US74587V1070 Puma
Biotechnology, Inc.
North America USA 12/06/2017 Annual Against 4
1.2
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board
diversityConcerns about overall performance
1148836 US74624M1027 Pure Storage, Inc. North America USA 20/06/2017 Annual Against 5
1.3
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1145016 US74727D3061 QAD Inc. North America USA 13/06/2017 Annual Against 2
1f
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1132058 US7473161070 Quaker Chemical
Corporation
North America USA 10/05/2017 Annual Against 3
1132766 US74733V1008 QEP Resources, Inc. North America USA 16/05/2017 Annual All For
1139858 US74735M1080 Qiwi plc Europe Cyprus 02/06/2017 Annual All For
1125492 US74736A1034 QTS Realty Trust,
Inc.
North America USA 04/05/2017 Annual Against 1.4 Concerns to protect shareholder value
1139609 US7475451016 Quality Care
Properties, Inc.
North America USA 25/05/2017 Annual Against 1.3,1.6 Concerns about overall performance
1142647 US74758T3032 Qualys, Inc. North America USA 05/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1139616 US74762E1029 Quanta Services,
Inc.
North America USA 24/05/2017 Annual Against 1.8 Concerns to protect shareholder value
1146403 US74766D1000 Quantenna
Communications,
Inc.
North America USA 09/06/2017 Annual Against 1.3
2
Concerns about overall performance
Insufficient basis to support a decisionConcerns to
protect shareholder value
1134742 US74834L1008 Quest Diagnostics
Incorporated
North America USA 16/05/2017 Annual Against 1.7 Vote against combined Chair/CEO
1134742 US74834L1008 Quest Diagnostics
Incorporated
North America USA 16/05/2017 Annual All For
1139522 US74838J1016 Quidel Corporation North America USA 16/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1115639 US74876Y1010 Quintiles IMS
Holdings, Inc.
North America USA 06/04/2017 Annual Against 3
2
Apparent failure to link pay and appropriate
performance
1139056 US74909E1064 Quorum Health
Corp
North America USA 16/05/2017 Annual All For
1150817 US7492276099 RAIT FINANCIAL
TRUST
North America USA 22/06/2017 Annual Against 4
1.8
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1146432 US74933V1089 Ra
Pharmaceuticals,
Inc.
North America USA 20/06/2017 Annual Against 1.2 Concerns about overall performanceConcerns
related to approach to board diversity
1127325 US7496071074 RLI Corp. North America USA 04/05/2017 Annual All For
1129853 US74965L1017 RLJ Lodging Trust North America USA 28/04/2017 Annual All For
1126070 US7496601060 RPC, Inc. North America USA 25/04/2017 Annual Against 4
1.2
Concerns about overall board structureConcerns
about overall performance
1151670 US74967X1037 RH North America USA 27/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1145502 US74972G1031 RPX Corporation North America USA 13/06/2017 Annual All For
1133754 US74975N1054 RTI Surgical, Inc. North America USA 16/05/2017 Annual All For
1146031 US74978Q1058 RSP Permian, Inc. North America USA 25/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1136461 US7502361014 Radian Group Inc. North America USA 10/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1142056 US7504692077 Radius Health, Inc. North America USA 07/06/2017 Annual Against 3
1.2
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1121538 US7509171069 Rambus Inc. North America USA 20/04/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1134370 US7514522025 Ramco-Gershenson
Properties Trust
North America USA 16/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1135806 US75281A1097 Range Resources
Corporation
North America USA 17/05/2017 Annual Against 2
5
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes transparency
1140772 US7542121089 Raven Industries,
Inc.
North America USA 25/05/2017 Annual Against 2
1.6
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1133354 US7549071030 Rayonier Inc. North America USA 18/05/2017 Annual All For
1135929 US75508B1044 Rayonier Advanced
Materials Inc.
North America USA 22/05/2017 Annual Against 1C Concerns about overall performance
1141969 US7551115071 Raytheon Company North America USA 25/05/2017 Annual Against 1e Vote against combined Chair/CEO
1141969 US7551115071 Raytheon Company North America USA 25/05/2017 Annual All For
1138370 US75524W1080 RE/MAX Holdings,
Inc.
North America USA 24/05/2017 Annual Against 3
5
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
1125285 US75605Y1064 Realogy Holdings
Corp.
North America USA 03/05/2017 Annual All For
1142973 US75606N1090 RealPage, Inc. North America USA 01/06/2017 Annual Against 4 Annual vote provides for greater shareholder
oversight
1133683 US7561091049 Realty Income
Corporation
North America USA 16/05/2017 Annual Against 1d,1e,1g Concerns about reducing shareholder rights
1134395 US75689M1018 Red Robin Gourmet
Burgers, Inc.
North America USA 18/05/2017 Annual All For
1126046 US7580754023 Redwood Trust, Inc. North America USA 18/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1126444 US7587501039 Regal Beloit
Corporation
North America USA 01/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1136768 US7587661098 Regal
Entertainment
Group
North America USA 03/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1123324 US7588491032 Regency Centers
Corporation
North America USA 27/04/2017 Annual All For
1143256 US75886F1075 Regeneron
Pharmaceuticals,
Inc.
North America USA 09/06/2017 Annual Against 5
3,4
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
1128219 US75902K1060 Regional
Management Corp.
North America USA 27/04/2017 Annual Against 1.1 Concerns related to approach to board diversity
1120390 US7591EP1005 Regions Financial
Corporation
North America USA 20/04/2017 Annual All For
1138291 US7593516047 Reinsurance Group
of America,
Incorporated
North America USA 23/05/2017 Annual All For
1135620 US7595091023 Reliance Steel &
Aluminum Co.
North America USA 17/05/2017 Annual All For
1124378 US75970E1073 Renasant
Corporation
North America USA 25/04/2017 Annual All For
1123300 US75972A3014 Renewable Energy
Group, Inc.
North America USA 08/05/2017 Annual Against 6 Concerns to protect shareholder value
1142301 US7599161095 Repligen
Corporation
North America USA 18/05/2017 Annual All For
1141763 US76009N1000 Rent-A-Center, Inc. North America USA 08/06/2017 Proxy Contest Against No Action Taken 1.1
1.1,1.2,1.3,2,3,4
Concerns about candidate's experience/skills
1122126 US7602812049 Republic Bancorp,
Inc.
North America USA 20/04/2017 Annual Against 3
1.1
Concerns to protect shareholder valueConcerns
related to inappropriate membership of committees
1131395 US7607591002 Republic Services,
Inc.
North America USA 12/05/2017 Annual All For
1137280 US76116A3068 Resolute Energy
Corporation
North America USA 12/05/2017 Annual Against 1.2
5
Concerns related to approach to board diversity
Concerns to protect shareholder value
1119118 US76117W1099 Resolute Forest
Products Inc.
North America USA 25/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1142345 US76120W7083 RESOURCE CAPITAL
CORP.
North America USA 01/06/2017 Annual Against 3
2
1g
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1139685 US7612991064 Retrophin, Inc. North America USA 17/05/2017 Annual Against 2
1.4
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1128220 US76131N1019 Retail Opportunity
Investments Corp.
North America USA 25/04/2017 Annual Against 1.2,1.5
1.3
Concerns about reducing shareholder rights The
company maintains a charter which prohibits or
restricts shareholders’ ability to amend the
company bylaws
Concerns about reducing shareholder rights The
company maintains a charter which prohibits or
restricts shareholders’ ability to amend the
company bylaws
1135815 US76131V2025 Retail Properties of
America, Inc.
North America USA 25/05/2017 Annual All For
1149276 US7616241052 REX American
Resources
Corporation
North America USA 13/06/2017 Annual Against 2
1.6
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1139063 US76169C1009 Rexford Industrial
Realty, Inc.
North America USA 23/05/2017 Annual Against 1.6 Concerns about reducing shareholder rights
1139712 US7627601062 Rice Energy Inc. North America USA 31/05/2017 Annual Against 1.1 Concerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1146498 US76680R2067 RingCentral, Inc. North America USA 02/06/2017 Annual Against 3
1.4
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1140705 US7703231032 ROBERT HALF
INTERNATIONAL
INC.
North America USA 24/05/2017 Annual Against 1.1 Vote against combined Chair/CEO
1140705 US7703231032 ROBERT HALF
INTERNATIONAL
INC.
North America USA 24/05/2017 Annual All For
1139932 US7745151008 Rocky Brands, Inc. North America USA 17/05/2017 Annual All For
1126572 US7751331015 Rogers Corporation North America USA 04/05/2017 Annual All For
1126068 US7757111049 ROLLINS, INC. North America USA 25/04/2017 Annual Against 4
1.2
Concerns about overall performance
1146544 US7766961061 Roper
Technologies, Inc.
North America USA 08/06/2017 Annual Against 1.8 Overboarded/Too many other time commitments
1133457 US7782961038 Ross Stores, Inc. North America USA 17/05/2017 Annual All For
1137264 US78112V1026 The Rubicon
Project, Inc.
North America USA 23/05/2017 Annual Against 1.1 Concerns about overall performance
1139230 US7812701032 Rudolph
Technologies, Inc.
North America USA 17/05/2017 Annual All For
1134399 US7818462092 Rush Enterprises,
Inc.
North America USA 16/05/2017 Annual Against 4
2
1.4
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board
diversityConcerns to protect shareholder value
1139627 US7833321091 Ruth's Hospitality
Group, Inc.
North America USA 25/05/2017 Annual All For
1125583 US7835491082 Ryder System, Inc. North America USA 05/05/2017 Annual All For
1132287 US78377T1079 Ryman Hospitality
Properties, Inc.
North America USA 04/05/2017 Annual All For
1135027 US7838591011 S&T Bancorp, Inc. North America USA 15/05/2017 Annual All For
1122550 US78409V1044 S&P Global Inc. North America USA 26/04/2017 Annual All For
1134758 US78410G1040 SBA
Communications
Corporation
North America USA 18/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135056 US7841171033 SEI Investments
Company
North America USA 24/05/2017 Annual All For
1119107 US7843051043 SJW Group North America USA 26/04/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1147201 US78440X1019 SL Green Realty
Corp.
North America USA 01/06/2017 Annual Against 2
1c
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1145309 US78442P1066 SLM Corporation North America USA 22/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1145309 US78442P1066 SLM Corporation North America USA 22/06/2017 Annual Against 2
1h
Apparent failure to link pay and appropriate
performance
Vote against combined Chair/CEO
1139032 US78454L1008 SM Energy
Company
North America USA 23/05/2017 Annual All For
1129164 US7846351044 SPX Corporation North America USA 08/05/2017 Annual All For
1132248 US78463M1071 SPS Commerce, Inc. North America USA 23/05/2017 Annual All For
1130920 US78467J1007 SS&C Technologies
Holdings, Inc.
North America USA 17/05/2017 Annual Against 3 Annual vote provides for greater shareholder
oversight
1133753 US78469C1036 SP Plus Corporation North America USA 09/05/2017 Annual All For
1130594 US78469X1072 SPX FLOW, Inc. North America USA 10/05/2017 Annual All For
1141967 US78470V1089 SRC Energy Inc. North America USA 15/06/2017 Annual Against 1.5 Concerns related to approach to board diversity
1121540 US78486Q1013 SVB Financial Group North America USA 27/04/2017 Annual All For
1143708 US78573L1061 Sabra Health Care
REIT, Inc.
North America USA 20/06/2017 Annual Against 4
1b
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1135944 US78573M1045 Sabre Corporation North America USA 24/05/2017 Annual Against 1.2,1.4 Concerns about overall performance
1137466 US78648T1007 Safety Insurance
Group, Inc.
North America USA 24/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1146038 US78667J1088 Sage Therapeutics,
Inc.
North America USA 07/06/2017 Annual Against 3
1A
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1126582 US78709Y1055 Saia, Inc. North America USA 27/04/2017 Annual Against 1.3 Concerns related to approach to board diversity
1144308 US79466L3024 salesforce.com, inc. North America USA 06/06/2017 Annual Against 5
7
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes enhanced
shareholder rights
1144000 US8006771062 Sangamo
Therapeutics, Inc.
North America USA 05/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1146441 US80283M1018 Santander
Consumer USA
Holdings Inc.
North America USA 12/06/2017 Annual Against 1.10,1.12
1.8
Concerns about overall performance
Concerns related to attendance at board or
committee meetingsConcerns related to
inappropriate membership of committees
1143823 US8036071004 Sarepta
Therapeutics, Inc.
North America USA 06/06/2017 Annual All For
1125533 US8043951016 SAUL CENTERS, INC. North America USA 05/05/2017 Annual All For
1128379 US80589M1027 SCANA Corporation North America USA 27/04/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1137170 US8064071025 Henry Schein, Inc. North America USA 31/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1131415 US8085131055 The Charles Schwab
Corporation
North America USA 16/05/2017 Annual Against 7
5,6
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
1131415 US8085131055 The Charles Schwab
Corporation
North America USA 16/05/2017 Annual Against 1b,1d
7
5
Concerns about overall board structure 2- Fund
manager or client vote
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
1124379 US8085411069 Schweitzer-
Mauduit
International, Inc.
North America USA 20/04/2017 Annual Against 4
1144330 US8086251076 Science
Applications
International
Corporation
North America USA 07/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1146041 US80862K1043 SciClone
Pharmaceuticals,
Inc.
North America USA 08/06/2017 Annual Against 2
5
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes enhanced
shareholder rights
1147202 US80874P1093 Scientific Games
Corporation
North America USA 14/06/2017 Annual Against 1.11 <p>Concerns about overall performance</p>
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127274 US8110544025 The E. W. Scripps
Company
North America USA 02/05/2017 Annual All For
1130720 US8110651010 Scripps Networks
Interactive, Inc.
North America USA 09/05/2017 Annual Against 1.1
1.3
Concerns about overall performance
Concerns to protect shareholder value
1121105 US8115431079 Seaboard
Corporation
North America USA 24/04/2017 Annual Against 1.1
1.2
2
3
Combined CEO/Chair
Concerns about overall board structure
Insufficient/poor disclosure
Proposed term in policy exceeds appropriate limit
1135553 US81211K1007 Sealed Air
Corporation
North America USA 18/05/2017 Annual All For
1132277 US8123501061 Sears Holdings
Corporation
North America USA 10/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1134798 US8125781026 Seattle Genetics,
Inc.
North America USA 19/05/2017 Annual All For
1142926 US81282V1008 SeaWorld
Entertainment, Inc.
North America USA 14/06/2017 Annual Against 3,4 Apparent failure to link pay and appropriate
performance
1134190 US81616X1037 Select Comfort
Corporation
North America USA 17/05/2017 Annual All For
1114542 US81618T1007 Select Income REIT North America USA 23/05/2017 Annual Against 1.1 Concerns about overall performance
1120876 US81619Q1058 Select Medical
Holdings
Corporation
North America USA 02/05/2017 Annual All For
1128352 US8163001071 Selective Insurance
Group, Inc.
North America USA 26/04/2017 Annual All For
1139084 US81663A1051 SemGroup
Corporation
North America USA 17/05/2017 Annual All For
1146622 US8168501018 Semtech
Corporation
North America USA 15/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1127804 US8168511090 Sempra Energy North America USA 12/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1117843 US81721M1099 Senior Housing
Properties Trust
North America USA 18/05/2017 Annual Against 3
2
1.5
1.1
1.2
1.4
5
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay & appropriate
performance
Concerns about overall performance
Concerns about overall performance
Concerns about reducing shareholder rights
Overboarded/Too many other time commitments
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
1122092 US81725T1007 Sensient
Technologies
Corporation
North America USA 27/04/2017 Annual All For
1123833 US81752R1005 Seritage Growth
Properties
North America USA 25/04/2017 Annual Against 1.1,1.2 Concerns about reducing shareholder rights 2-
Concerns to protect shareholder value
1131467 US8175651046 Service Corporation
International
North America USA 10/05/2017 Annual Against 6
7
Shareholder proposal promotes appropriate
accountability or incentivisation
Shareholder proposal promotes enhanced
shareholder rights
1126069 US81761R1095 ServiceMaster
Global Holdings, Inc.
North America USA 25/04/2017 Annual All For
1146357 US81762P1021 ServiceNow, Inc. North America USA 13/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1130688 US81768T1088 ServisFirst
Bancshares, Inc.
North America USA 18/05/2017 Annual Against 1.2
5
<p>Concerns related to approach to board
diversity</p>
<p>Shareholder proposal promotes appropriate
accountability or incentivisation</p>
1145918 US8190471016 Shake Shack Inc. North America USA 12/06/2017 Annual Against 1.2 <p>Concerns about overall performance</p>
1127362 US82312B1061 Shenandoah
Telecommunication
s Company
North America USA 02/05/2017 Annual All For
1119647 US8243481061 THE SHERWIN-
WILLIAMS
COMPANY
North America USA 19/04/2017 Annual Against 1.6 Vote against combined Chair/CEO
1119647 US8243481061 THE SHERWIN-
WILLIAMS
COMPANY
North America USA 19/04/2017 Annual All For
1149367 US8248891090 Shoe Carnival, Inc. North America USA 13/06/2017 Annual All For
1139694 US82568P3047 Shutterfly, Inc. North America USA 24/05/2017 Annual Against 2,4
1.1
Apparent failure to link pay and appropriate
performance
Overboarded/Too many other time commitments
1145970 US8256901005 Shutterstock, Inc. North America USA 07/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1139683 US82620P1021 Sierra Bancorp North America USA 24/05/2017 Annual Against 2,4 Apparent failure to link pay and appropriate
performance
1120529 US82669G1040 Signature Bank North America USA 20/04/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
1121550 US8269191024 Silicon Laboratories
Inc.
North America USA 20/04/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1146002 US8270481091 Silgan Holdings Inc. North America USA 05/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1134175 US82735Q1022 Silver Bay Realty
Trust Corp.
North America USA 05/05/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139643 US82817Q1031 Silver Spring
Networks, Inc.
North America USA 25/05/2017 Annual All For
1123315 US8287302009 Simmons First
National
Corporation
North America USA 19/04/2017 Annual All For
1132107 US8288061091 Simon Property
Group, Inc.
North America USA 10/05/2017 Annual Against 1c Concerns to protect shareholder value
1137450 US8290731053 Simpson
Manufacturing Co.,
Inc.
North America USA 16/05/2017 Annual All For
1141972 US8292261091 Sinclair Broadcast
Group, Inc.
North America USA 01/06/2017 Annual Against 4
3,5
1.4
1.7
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns about overall board structure
Concerns related to inappropriate membership of
committees
1133584 US82968B1035 Sirius XM Holdings
Inc.
North America USA 18/05/2017 Annual Against 3
2
1.3
1.6,1.10
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
Overboarded/Too many other time commitments
1131705 US82982L1035 SiteOne Landscape
Supply, Inc.
North America USA 16/05/2017 Annual Against 1.1 Concerns about overall board structureConcerns
about overall performance
1126019 US83001A1025 Six Flags
Entertainment
Corporation
North America USA 03/05/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1145713 US8305661055 Skechers U.S.A., Inc. North America USA 23/05/2017 Annual Against 3
4
6
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes transparency
1126489 US8308791024 SkyWest, Inc. North America USA 09/05/2017 Annual All For
1133678 US83088M1027 Skyworks Solutions,
Inc.
North America USA 10/05/2017 Annual All For
1118983 US8318652091 A. O. Smith
Corporation
North America USA 13/04/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
1121997 US8330341012 Snap-on
Incorporated
North America USA 27/04/2017 Annual Against 3
1.8
Apparent failure to link pay and appropriate
performance
Vote against combined Chair/CEO
1121997 US8330341012 Snap-on
Incorporated
North America USA 27/04/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1129113 US8335511049 Snyder's-Lance, Inc. North America USA 03/05/2017 Annual All For
1144924 US83408W1036 Sohu.com Inc. North America USA 20/06/2017 Annual Against 1.3
1.2
Concerns related to attendance at board or
committee meetingsConcerns about overall
performance
Overboarded/Too many other time commitments
1132119 US83413U1007 Solar Capital Ltd. North America USA 17/05/2017 Annual Against 2 Issue of capital raises concerns about excessive
dilution of existing shareholders
1128033 US83417M1045 SolarEdge
Technologies, Inc.
North America USA 10/05/2017 Annual Against 1a,1b Concerns about overall performance
1119801 US83545G1022 Sonic Automotive,
Inc.
North America USA 18/04/2017 Annual Against 1.6
3
Concerns related to approach to board
diversityConcerns to protect shareholder value
Concerns to protect shareholder value
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1124734 US8354951027 Sonoco Products
Company
North America USA 19/04/2017 Annual All For
1130734 US8358981079 Sotheby's North America USA 12/05/2017 Annual All For
1128257 US83600C1036 Sotherly Hotels Inc. North America USA 25/04/2017 Annual Against 1.5
4
Concerns related to approach to board diversity
Shareholder proposal promotes enhanced
shareholder rights
1125674 US8385181081 South Jersey
Industries, Inc.
North America USA 21/04/2017 Annual All For
1119659 US8404411097 South State
Corporation
North America USA 20/04/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1135629 US8425871071 The Southern
Company
North America USA 24/05/2017 Annual Against 3
6
Apparent failure to link pay and appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
1135629 US8425871071 The Southern
Company
North America USA 24/05/2017 Annual Against 3
6
1d
Apparent failure to link pay and appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
Vote against combined Chair/CEO
1131034 US84265V1052 Southern Copper
Corporation
North America USA 27/04/2017 Annual All For
1150033 US8433951048 Southern National
Bancorp of Virginia,
Inc.
North America USA 21/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1150506 US8433951048 Southern National
Bancorp of Virginia,
Inc.
North America USA 21/06/2017 Special Against 3 Apparent failure to link pay and appropriate
performanceConcerns related to inappropriate
service contracts
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1126618 US84470P1093 Southside
Bancshares, Inc.
North America USA 10/05/2017 Annual All For
1137267 US8447411088 Southwest Airlines
Co.
North America USA 17/05/2017 Annual All For
1129165 US8448951025 Southwest Gas
Holdings, Inc.
North America USA 04/05/2017 Annual All For
1138430 US8454671095 Southwestern
Energy Company
North America USA 23/05/2017 Annual All For
1139499 US8465111032 Spark Energy, Inc. North America USA 25/05/2017 Annual Against 1 Concerns about overall board structureConcerns
about overall performance
1142299 US84652J1034 Spark Therapeutics,
Inc.
North America USA 31/05/2017 Annual Against 2
1.2
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1139143 US8472151005 SpartanNash
Company
North America USA 23/05/2017 Annual All For
1145936 US84760C1071 The Spectranetics
Corporation
North America USA 08/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1139937 US84763A1088 Spectrum
Pharmaceuticals,
Inc.
North America USA 13/06/2017 Annual Against 3
2
1.1,1.3,1.5,1.7
1.4
5
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Concerns about overall performanceConcerns
related to approach to board diversity
Shareholder proposal promotes appropriate
accountability or incentivisation
1128179 US8485741099 Spirit AeroSystems
Holdings, Inc.
North America USA 26/04/2017 Annual All For
1134724 US8485771021 Spirit Airlines, Inc. North America USA 23/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1132117 US84860W1027 Spirit Realty
Capital, Inc.
North America USA 28/06/2017 Annual Against 1.2,1.3,1.6,1.8 Concerns about reducing shareholder rights
1143967 US8486371045 Splunk Inc. North America USA 08/06/2017 Annual All For
1125721 US85208M1027 Sprouts Farmers
Market, Inc.
North America USA 02/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1141978 US85254C3051 Stage Stores, Inc. North America USA 01/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1126578 US85254J1025 STAG Industrial, Inc. North America USA 01/05/2017 Annual Against 1.6 Concerns related to approach to board diversity
1147153 US8528572006 Stamps.com Inc. North America USA 14/06/2017 Annual All For
1140289 US8536661056 STANDARD MOTOR
PRODUCTS, INC.
North America USA 18/05/2017 Annual All For
1120667 US8545021011 Stanley Black &
Decker, Inc.
North America USA 20/04/2017 Annual All For
1141524 US8550301027 Staples, Inc. North America USA 12/06/2017 Annual All For
1132250 US85571B1052 Starwood Property
Trust, Inc.
North America USA 04/05/2017 Annual Against 1.1,1.3,1.6 Concerns about reducing shareholder rights
1139508 US8561901039 State Bank
Financial
Corporation
North America USA 25/05/2017 Annual All For
1135361 US8574771031 State Street
Corporation
North America USA 17/05/2017 Annual All For
1135361 US8574771031 State Street
Corporation
North America USA 17/05/2017 Annual Against 1g Vote against combined Chair/CEO
1129863 US8581191009 Steel Dynamics, Inc. North America USA 18/05/2017 Annual Against 1.7 Concerns about reducing shareholder rights
1147988 US8583751081 Stein Mart, Inc. North America USA 20/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1127868 US8585861003 Stepan Company North America USA 25/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139319 US8589121081 Stericycle, Inc. North America USA 24/05/2017 Annual Against 2
1d
8
7
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Shareholder proposal promotes appropriate
accountability or incentivisation
Shareholder proposal promotes enhanced
shareholder rights
1139286 US85917A1007 Sterling Bancorp North America USA 23/05/2017 Annual All For
1147222 US85917A1007 Sterling Bancorp North America USA 13/06/2017 Special All For
1124909 US8592411016 Sterling
Construction
Company, Inc.
North America USA 28/04/2017 Annual All For
1130692 US8603721015 Stewart
Information
Services
Corporation
North America USA 28/04/2017 Annual Against 1.9 <p>Concerns related to approach to board
diversity</p>
1144343 US8606301021 Stifel Financial Corp. North America USA 06/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1126835 US86074Q1022 Stillwater Mining
Company
North America USA 25/04/2017 Annual Against 2
8,9
Apparent failure to link pay and appropriate
performanceConcerns related to inappropriate
service contracts
Insufficient basis to support a decision
1127877 US8610251048 Stock Yards
Bancorp, Inc.
North America USA 27/04/2017 Annual All For
1141147 US8618111079 Stonegate Bank North America USA 31/05/2017 Annual Against 2
1.9
1.2
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Concerns related to approach to board diversity
1129166 US86181Q3002 Stonegate
Mortgage
Corporation
North America USA 27/04/2017 Special All For
1131481 US86183P1021 Stoneridge, Inc. North America USA 09/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1141953 US8621211007 STORE Capital
Corporation
North America USA 01/06/2017 Annual Against 2
1.1
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1124310 US8632361056 Strayer Education,
Inc.
North America USA 02/05/2017 Annual All For
1125520 US8636671013 Stryker Corporation North America USA 03/05/2017 Annual All For
1129121 US8641591081 STURM, RUGER &
COMPANY, INC.
North America USA 09/05/2017 Annual All For
1142050 US8649091068 Sucampo
Pharmaceuticals,
Inc.
North America USA 01/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1134791 US8660821005 Summit Hotel
Properties, Inc.
North America USA 18/05/2017 Annual Against 1.2 Concerns related to approach to board diversity
1131414 US86614U1007 Summit Materials,
Inc.
North America USA 17/05/2017 Annual Against 1b Concerns about overall performance
1131463 US8666741041 Sun Communities,
Inc.
North America USA 18/05/2017 Annual Against 1C Concerns about reducing shareholder rights
1142535 US8669421054 Sun Hydraulics
Corporation
North America USA 05/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1126659 US86722A1034 SunCoke Energy,
Inc.
North America USA 04/05/2017 Annual All For
1124638 US8676524064 SunPower
Corporation
North America USA 27/04/2017 Annual Against 2
1.1,1.2
Apparent failure to link pay & appropriate
performance
Concerns about overall board structure 2- Lack of
independent representation at board committees
1127221 US8678921011 Sunstone Hotel
Investors, Inc.
North America USA 28/04/2017 Annual All For
1122571 US8679141031 SunTrust Banks, Inc. North America USA 25/04/2017 Annual All For
1138447 US8681571084 Superior Energy
Services, Inc.
North America USA 23/05/2017 Annual All For
1123591 US8681681057 Superior Industries
International, Inc.
North America USA 25/04/2017 Annual Against 2
5
Apparent failure to link pay and appropriate
performance
Insufficient basis to support a decision
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1145287 US8684591089 Supernus
Pharmaceuticals,
Inc.
North America USA 13/06/2017 Annual Against 3
1.1
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1139539 US87074U1016 Swift
Transportation
Company
North America USA 24/05/2017 Annual Against 1.2
5
Concerns related to approach to board
diversityConcerns to protect shareholder value
Shareholder proposal promotes enhanced
shareholder rights
1141971 US8712371033 Sykes Enterprises,
Incorporated
North America USA 24/05/2017 Annual All For
1135199 US87157B1035 Synchronoss
Technologies, Inc.
North America USA 16/05/2017 Annual All For
1114536 US8716071076 Synopsys, Inc. North America USA 06/04/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
1122122 US87161C5013 Synovus Financial
Corp.
North America USA 20/04/2017 Annual All For
1144625 US87162H1032 Syntel, Inc. North America USA 07/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1146549 US8716393082 Synergy
Pharmaceuticals
Inc.
North America USA 27/06/2017 Annual Against 1.4
1.6
Concerns about overall performance
Concerns related to approach to board diversity
1135622 US87164F1057 Syndax
Pharmaceuticals,
Inc.
North America USA 17/05/2017 Annual Against 1a Concerns about overall performance
1134393 US87165B1035 Synchrony Financial North America USA 18/05/2017 Annual All For
1123832 US8722751026 TCF Financial
Corporation
North America USA 26/04/2017 Annual All For
1135616 US87238Q1031 TCP Capital Corp. North America USA 25/05/2017 Annual Against 2 Concerns to protect shareholder value
1111770 US87238U2033 TCS Group Holdings
Plc
Europe Cyprus 29/05/2017 Annual Against 5 Insufficient basis to support a decision
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1145010 US8725401090 The TJX Companies,
Inc.
North America USA 06/06/2017 Annual Against 5
10
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
better management of ESG opportunities and risks
1145614 US8725901040 T-Mobile US, Inc. North America USA 13/06/2017 Annual Against 4
1.2,1.7
6,7
5
<p>Annual vote provides for greater shareholder
oversight</p>
<p>Concerns related to inappropriate membership
of committees</p>
<p>Shareholder proposal promotes appropriate
accountability or incentivisation</p>
<p>Shareholder proposal promotes enhanced
shareholder rights</p>
1145614 US8725901040 T-Mobile US, Inc. North America USA 13/06/2017 Annual Against 4
1.11
1.2,1.7
6,7
5
Annual vote provides for greater shareholder
oversight
Concerns about overall board structure
Concerns related to inappropriate membership of
committees
Shareholder proposal promotes appropriate
accountability or incentivisation
Shareholder proposal promotes enhanced
shareholder rights
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1139573 US87265H1095 TRI Pointe Group,
Inc.
North America USA 26/05/2017 Annual All For
1132112 US87305R1095 TTM Technologies,
Inc.
North America USA 11/05/2017 Annual All For
1138349 US87336U1051 Tableau Software,
Inc.
North America USA 23/05/2017 Annual Against 2
1.1
1.2
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Concerns to protect shareholder value
1148098 US87403A1079 Tailored Brands, Inc. North America USA 15/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1134765 US8754651060 Tanger Factory
Outlet Centers, Inc.
North America USA 19/05/2017 Annual All For
1146611 US87612E1064 Target Corporation North America USA 14/06/2017 Annual All For
1146611 US87612E1064 Target Corporation North America USA 14/06/2017 Annual Against 1c Vote against combined Chair/CEO
1130455 US87612G1013 Targa Resources
Corp.
North America USA 22/05/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
1140918 US87724P1066 Taylor Morrison
Home Corporation
North America USA 31/05/2017 Annual Against 2
1.3
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder valueConcerns
about overall board structure
1138371 US8781551002 Team, Inc. North America USA 18/05/2017 Annual All For
1145429 US8782371061 Tech Data
Corporation
North America USA 07/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1124881 US87901J1051 TEGNA Inc. North America USA 04/05/2017 Annual All For
1135204 US87918A1051 Teladoc, Inc. North America USA 25/05/2017 Annual Against 3
2.6,2.2
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1122220 US8793601050 Teledyne
Technologies
Incorporated
North America USA 26/04/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1130918 US8793691069 Teleflex
Incorporated
North America USA 05/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1138452 US8794338298 Telephone and
Data Systems, Inc.
North America USA 25/05/2017 Annual Against 4
6
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes enhanced
shareholder rights
1139076 US8799391060 TeleTech Holdings,
Inc.
North America USA 24/05/2017 Annual Against 4
3
1d
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1129014 US88023U1016 Tempur Sealy
International, Inc.
North America USA 11/05/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
1127815 US88033G4073 Tenet Healthcare
Corporation
North America USA 04/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1123823 US8803451033 Tennant Company North America USA 26/04/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1133367 US8803491054 Tenneco Inc. North America USA 17/05/2017 Annual All For
1118290 US88076W1036 Teradata
Corporation
North America USA 19/04/2017 Annual All For
1131451 US8807701029 Teradyne, Inc. North America USA 09/05/2017 Annual All For
1132284 US8807791038 Terex Corporation North America USA 11/05/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1134398 US8808901081 Ternium S.A. Europe Luxembour
g
03/05/2017 Annual Against 6 Insufficient/poor disclosure
1135626 US8815691071 TESARO, Inc. North America USA 11/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1126559 US8816091016 Tesoro Corporation North America USA 04/05/2017 Annual Against 1.3 Vote against combined Chair/CEO
1126559 US8816091016 Tesoro Corporation North America USA 04/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1141557 US88160R1014 Tesla, Inc. North America USA 06/06/2017 Annual Against 3 Annual vote provides for greater shareholder
oversight
1141557 US88160R1014 Tesla, Inc. North America USA 06/06/2017 Annual Against 3
5
Annual vote provides for greater shareholder
oversight
Shareholder proposal promotes appropriate
accountability or incentivisation
1141557 US88160R1014 Tesla, Inc. North America USA 06/06/2017 Annual Against 3
5
1.1
Annual vote provides for greater shareholder
oversight
Shareholder proposal promotes appropriate
accountability or incentivisation
Vote against combined Chair/CEO
1125294 US88162F1057 TETRA
Technologies, Inc.
North America USA 05/05/2017 Annual Against 1.5 Concerns related to approach to board diversity
1121237 US88224Q1076 Texas Capital
Bancshares, Inc.
North America USA 18/04/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1121237 US88224Q1076 Texas Capital
Bancshares, Inc.
North America USA 18/04/2017 Annual All For
1119743 US8825081040 Texas Instruments
Incorporated
North America USA 20/04/2017 Annual Against 1l Vote against combined Chair/CEO
1119743 US8825081040 Texas Instruments
Incorporated
North America USA 20/04/2017 Annual All For
1135384 US8826811098 Texas Roadhouse,
Inc.
North America USA 18/05/2017 Annual Against 5 SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1119151 US8832031012 Textron Inc. North America USA 26/04/2017 Annual Against 6 Shareholder proposal promotes transparency
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1143717 US88338N1072 TherapeuticsMD,
Inc.
North America USA 16/06/2017 Annual Against 1.1 Concerns related to approach to board diversity
1133531 US8835561023 Thermo Fisher
Scientific Inc.
North America USA 17/05/2017 Annual Against 2 Apparent failure to link pay & appropriate
performance
1130668 US88554D2053 3D Systems
Corporation
North America USA 16/05/2017 Annual Against 2
1.6
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1126631 US88579Y1010 3M Company North America USA 09/05/2017 Annual All For
1135960 US8865471085 Tiffany & Co. North America USA 25/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1151136 US8872281048 Time Inc. North America USA 29/06/2017 Annual Against 3
4
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes appropriate
accountability or incentivisation
1146563 US8873173038 Time Warner Inc. North America USA 15/06/2017 Annual Against 3
1d
Apparent failure to link pay & appropriate
performance
Fund manager or client vote
1146563 US8873173038 Time Warner Inc. North America USA 15/06/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1146563 US8873173038 Time Warner Inc. North America USA 15/06/2017 Annual All For
1146563 US8873173038 Time Warner Inc. North America USA 15/06/2017 Annual Against 3
1b
Apparent failure to link pay & appropriate
performance
Vote against combined Chair/CEO
1124699 US8873891043 The Timken
Company
North America USA 09/05/2017 Annual All For
1126539 US8873991033 TimkenSteel
Corporation
North America USA 02/05/2017 Annual All For
1146047 US88830M1027 Titan International,
Inc.
North America USA 14/06/2017 Annual Against 1.2 Concerns related to approach to board diversity
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1144994 US88830R1014 Titan Machinery Inc. North America USA 01/06/2017 Annual All For
1123333 US88870P1066 TiVo Corporation North America USA 26/04/2017 Annual Against 1.5 Concerns related to approach to board diversity
1139240 US88870R1023 Tivity Health, Inc. North America USA 25/05/2017 Annual All For
1131710 US8901101092 Tompkins Financial
Corporation
North America USA 08/05/2017 Annual All For
1125300 US89055F1030 TopBuild Corp. North America USA 01/05/2017 Annual Against 1.1,1.2 Concerns about reducing shareholder rights
1124120 US8910271043 Torchmark
Corporation
North America USA 27/04/2017 Annual All For
1124120 US8910271043 Torchmark
Corporation
North America USA 27/04/2017 Annual Against 1.5,1.6 Vote against combined Chair/CEO
1125914 US8918261095 Tower
International, Inc.
North America USA 21/04/2017 Annual All For
1123666 US8919061098 Total System
Services, Inc.
North America USA 27/04/2017 Annual Against 1k Vote against combined Chair/CEO
1123666 US8919061098 Total System
Services, Inc.
North America USA 27/04/2017 Annual All For
1146030 US89214P1093 TowneBank North America USA 24/05/2017 Annual All For
1129695 US8923561067 Tractor Supply
Company
North America USA 09/05/2017 Annual All For
1125723 US89400J1079 TransUnion North America USA 03/05/2017 Annual Against 1.1
1.2
Concerns about overall board structureConcerns
about overall performance
Concerns related to inappropriate membership of
committees
1132109 US89417E1091 The Travelers
Companies, Inc.
North America USA 18/05/2017 Annual Against 4
8
6
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
transparency
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
transparency
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1131381 US8946501009 Tredegar
Corporation
North America USA 17/05/2017 Annual Against 1.3 <p>Concerns related to approach to board
diversity</p>
1118697 US89469A1043 Treehouse Foods,
Inc.
North America USA 27/04/2017 Annual Against 5 Apparent failure to link pay and appropriate
performance
1127127 US89531P1057 Trex Company, Inc. North America USA 03/05/2017 Annual All For
1133362 US89532E1091 Trevena, Inc. North America USA 17/05/2017 Annual All For
1120699 US8958481090 Triangle Capital
Corporation
North America USA 03/05/2017 Annual Against 4
1.8
Annual vote provides for greater shareholder
oversight
Concerns about reducing shareholder rights
1128222 US8960475031 Tribune Media
Company
North America USA 05/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1139904 US8960951064 TriCo Bancshares North America USA 23/05/2017 Annual All For
1135125 US8962152091 TriMas Corporation North America USA 11/05/2017 Annual All For
1127232 US8962391004 Trimble Inc. North America USA 02/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1135810 US8962881079 TriNet Group, Inc. North America USA 18/05/2017 Annual Against 1.3 Concerns about overall performance
1132347 US8965221091 Trinity Industries,
Inc.
North America USA 01/05/2017 Annual All For
1128533 US89679E3009 Triumph Bancorp,
Inc.
North America USA 04/05/2017 Annual All For
1144336 US8969452015 TripAdvisor, Inc. North America USA 22/06/2017 Annual All For
1144336 US8969452015 TripAdvisor, Inc. North America USA 22/06/2017 Annual Against 1.1 Overboarded/Too many other time commitments
1121537 US89703P1075 tronc, Inc. North America USA 18/04/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1132358 US89785X1019 TrueBlue, Inc. North America USA 11/05/2017 Annual All For
1144317 US8982021060 Trupanion, Inc. North America USA 07/06/2017 Annual All For
1133665 US8983491056 TrustCo Bank Corp
NY
North America USA 18/05/2017 Annual Against 1.1 Concerns related to approach to board diversity
1122542 US8984021027 Trustmark
Corporation
North America USA 25/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1135818 US8998961044 Tupperware Brands
Corporation
North America USA 24/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1135818 US8998961044 Tupperware Brands
Corporation
North America USA 24/05/2017 Annual Against 2
1.5
Apparent failure to link pay and appropriate
performance
Vote against combined Chair/CEO
1139085 US9011091082 Tutor Perini
Corporation
North America USA 24/05/2017 Annual Against 3,4 Apparent failure to link pay and appropriate
performance
1135802 US90184L1026 Twitter, Inc. North America USA 22/05/2017 Annual All For
1131380 US90187B1017 Two Harbors
Investment Corp.
North America USA 17/05/2017 Annual All For
1145795 US90214J1016 2U, Inc. North America USA 05/06/2017 Annual Against 3
1.1
Apparent failure to link pay and appropriate
performance
Concerns related to attendance at board or
committee meetingsConcerns about overall
performance
1129848 US9022521051 TYLER
TECHNOLOGIES,
INC.
North America USA 10/05/2017 Annual Against 5 Insufficient basis to support a decision
1129838 US9026531049 UDR, Inc. North America USA 11/05/2017 Annual Against 1e Concerns about reducing shareholder rights
1122687 US9027881088 UMB Financial
Corporation
North America USA 25/04/2017 Annual Against 3
5
Shareholder proposal promotes appropriate
accountability or incentivisation
1120489 US9029733048 U.S. Bancorp North America USA 18/04/2017 Annual Against 3
5
Apparent failure to link pay & appropriate
performance
Vote in favour of a resolution requiring or
requesting an independent chair
1120489 US9029733048 U.S. Bancorp North America USA 18/04/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1128054 US90328M1071 USANA Health
Sciences, Inc.
North America USA 03/05/2017 Annual Against 1.3 Concerns related to approach to board diversity
1131452 US9032934054 USG Corporation North America USA 10/05/2017 Annual All For
1129879 US90333L2016 U.S. Concrete, Inc. North America USA 18/05/2017 Annual Against 1A Concerns related to approach to board diversity
1127780 US90346E1038 U.S. Silica Holdings,
Inc.
North America USA 04/05/2017 Annual Against 1.1 Concerns related to approach to board diversity
1140928 US90384S3031 Ulta Beauty, Inc. North America USA 01/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1135016 US90385D1072 The Ultimate
Software Group,
Inc.
North America USA 15/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1146594 US90400D1081 Ultragenyx
Pharmaceutical Inc.
North America USA 22/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1142917 US9040341052 Ultratech, Inc. North America USA 25/05/2017 Special Against 2 Apparent failure to link pay and appropriate
performanceConcerns related to inappropriate
service contract
1119278 US9042141039 Umpqua Holdings
Corporation
North America USA 19/04/2017 Annual Against 5 Shareholder proposal promotes enhanced
shareholder rights
1139467 US9043111072 Under Armour, Inc. North America USA 31/05/2017 Annual Against 1.8 Concerns to protect shareholder valueConcerns
about overall performance
1126060 US90539J1097 Union Bankshares
Corporation
North America USA 02/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1130635 US9078181081 Union Pacific
Corporation
North America USA 11/05/2017 Annual Against 3
5
1d
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
enhanced shareholder rights
Vote against combined Chair/CEO
1130635 US9078181081 Union Pacific
Corporation
North America USA 11/05/2017 Annual Against 3
5
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
enhanced shareholder rights
1124834 US9092143067 Unisys Corporation North America USA 26/04/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1125740 US9092181091 Unit Corporation North America USA 03/05/2017 Annual Against 4 Apparent failure to link pay and appropriate
performance
1128300 US90984P3038 United Community
Banks, Inc.
North America USA 10/05/2017 Annual All For
1115150 US9099071071 UNITED
BANKSHARES, INC.
North America USA 07/04/2017 Special All For
1135089 US9099071071 UNITED
BANKSHARES, INC.
North America USA 25/05/2017 Annual All For
1142303 US9100471096 United Continental
Holdings, Inc.
North America USA 24/05/2017 Annual Against 1.6 Concerns to protect shareholder value
1135813 US9103041045 United Financial
Bancorp, Inc.
North America USA 24/05/2017 Annual All For
1135546 US9103401082 United Fire Group,
Inc.
North America USA 17/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1130652 US9107101027 United Insurance
Holdings Corp.
North America USA 09/05/2017 Annual Against 1.1 Concerns related to inappropriate membership of
committeesConcerns about overall performance
1122753 US9113121068 United Parcel
Service, Inc.
North America USA 04/05/2017 Annual Against 3
6
5
1a
Annual vote provides for greater shareholder
oversight
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes efficient capital structure
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
Vote against combined Chair/CEO Fund manager or
client vote
1122753 US9113121068 United Parcel
Service, Inc.
North America USA 04/05/2017 Annual Against 3
6
5
Annual vote provides for greater shareholder
oversight
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes efficient capital structure
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes transparency
1126045 US9113631090 United Rentals, Inc. North America USA 04/05/2017 Annual Against 6 Shareholder proposal promotes enhanced
shareholder rights
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1128191 US9120081099 US Foods Holding
Corp.
North America USA 10/05/2017 Annual Against 2
1.2
Apparent failure to link pay and appropriate
performance
Concerns about overall board structureConcerns
about overall performance
1123153 US9129091081 United States Steel
Corporation
North America USA 25/04/2017 Annual All For
1122146 US9130171096 United
Technologies
Corporation
North America USA 24/04/2017 Annual Against 3
1e
Apparent failure to link pay & appropriate
performance
Vote against combined Chair/CEO
1122146 US9130171096 United
Technologies
Corporation
North America USA 24/04/2017 Annual All For
1122146 US9130171096 United
Technologies
Corporation
North America USA 24/04/2017 Annual Against 3 Apparent failure to link pay & appropriate
performance
1145876 US91307C1027 United
Therapeutics
Corporation
North America USA 28/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1142055 US91324P1021 UnitedHealth
Group Incorporated
North America USA 05/06/2017 Annual Against 2
5
Apparent failure to link pay and appropriate
performance
Policy Rationale:Shareholder proposal promotes
transparenc
1125573 US9132591077 Unitil Corporation North America USA 26/04/2017 Annual Against 4
1131529 US91325V1089 Uniti Group Inc. North America USA 11/05/2017 Annual All For
1125365 US91336L1070 Univar Inc. North America USA 04/05/2017 Annual Against 5
1.4
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committeesConcerns about overall board
structureConcerns about overall performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1144030 US91347P1057 UNIVERSAL
DISPLAY
CORPORATION
North America USA 22/06/2017 Annual All For
1142616 US9134831034 Universal
Electronics Inc.
North America USA 05/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1121247 US9135431040 Universal Forest
Products, Inc.
North America USA 18/04/2017 Annual All For
1141301 US91359E1055 Universal Health
Realty Income Trust
North America USA 07/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1146487 US91359V1070 Universal Insurance
Holdings, Inc.
North America USA 15/06/2017 Annual Against 4
3
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
1146487 US91359V1070 Universal Insurance
Holdings, Inc.
North America USA 15/06/2017 Annual Against 4
3
1.3
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Vote against combined Chair/CEO
1135567 US9139031002 Universal Health
Services, Inc.
North America USA 17/05/2017 Annual Against 4
6
Annual vote provides for greater shareholder
oversight
Shareholder proposal promotes enhanced
shareholder rights
1125262 US9152711001 Univest
Corporation of
Pennsylvania
North America USA 18/04/2017 Annual Against 1.2 Concerns related to attendance at board or
committee meetings
1138994 US91529Y1064 Unum Group North America USA 25/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1133698 US9170471026 Urban Outfitters,
Inc.
North America USA 23/05/2017 Annual Against 5
3
1.2
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
1133698 US9170471026 Urban Outfitters,
Inc.
North America USA 23/05/2017 Annual Against 5
3
1.2
1.6
Annual vote provides for greater shareholder
oversight
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
Vote against combined Chair/CEO
1131385 US91704F1049 Urban Edge
Properties
North America USA 10/05/2017 Annual Against 1.1,1.3 Concerns about reducing shareholder rights
1138287 US91732J1025 US Ecology, Inc. North America USA 23/05/2017 Annual All For
1124164 US9182041080 VF Corporation North America USA 25/04/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1134411 US9182841000 VSE Corporation North America USA 02/05/2017 Annual All For
1132267 US91843L1035 VWR Corporation North America USA 02/05/2017 Annual All For
1140732 US91851C2017 VAALCO Energy, Inc. North America USA 01/06/2017 Annual Against 3
1.5
1.2
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Concerns related to approach to board diversity
1127347 US91913Y1001 Valero Energy
Corporation
North America USA 03/05/2017 Annual Against 1h Fund manager or client vote Long-tenured director
(20 years) and audit committee member
1127347 US91913Y1001 Valero Energy
Corporation
North America USA 03/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1125318 US9197941076 Valley National
Bancorp
North America USA 27/04/2017 Annual Against 5 Poison pill/anti-takeover measure not in investors
interests
1123820 US9202531011 Valmont Industries,
Inc.
North America USA 25/04/2017 Annual All For
1144916 US9216591084 Vanda
Pharmaceuticals
Inc.
North America USA 15/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1123846 US92210H1059 Vantiv, Inc. North America USA 02/05/2017 Annual Against 1.1 Concerns to protect shareholder value
1143661 US92230Y1047 VASCO Data
Security
International, Inc.
North America USA 14/06/2017 Annual Against 3 Annual vote provides for greater shareholder
oversight
1128531 US92240G1013 Vectren
Corporation
North America USA 16/05/2017 Annual All For
1122160 US92240M1080 Vector Group Ltd. North America USA 27/04/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1124900 US9224171002 Veeco Instruments
Inc.
North America USA 04/05/2017 Annual All For
1132110 US92242T1016 Vectrus, Inc. North America USA 12/05/2017 Annual All For
1149369 US9224751084 Veeva Systems Inc. North America USA 21/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1134406 US92276F1003 Ventas, Inc. North America USA 18/05/2017 Annual All For
1143287 US92335C1062 Vera Bradley, Inc. North America USA 25/05/2017 Annual Against 3
1.2
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1125904 US92339V1008 VEREIT, Inc. North America USA 03/05/2017 Annual All For
1138348 US92343E1029 VeriSign, Inc. North America USA 25/05/2017 Annual Against 1.1 Vote against combined Chair/CEO
1138348 US92343E1029 VeriSign, Inc. North America USA 25/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1125536 US92343V1044 Verizon
Communications
Inc.
North America USA 04/05/2017 Annual Against 8
9,10
1.7
SH: Against shareholder resolution, against
management recommendation / Shareholder
proposal does not promote enhanced shareholder
rights
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
Vote against combined Chair/CEO Fund manager or
client vote
1125536 US92343V1044 Verizon
Communications
Inc.
North America USA 04/05/2017 Annual Against 8
9,10
SH: Against shareholder resolution, against
management recommendation / Shareholder
proposal does not promote enhanced shareholder
rights
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
1149634 US92343X1000 Verint Systems Inc. North America USA 22/06/2017 Annual Against 3
1.6
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
1118096 US9234511080 Veritex Holdings,
Inc.
North America USA 06/04/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1137250 US9234511080 Veritex Holdings,
Inc.
North America USA 18/05/2017 Annual Against 2.3
1
Concerns related to inappropriate membership of
committees
Concerns to protect shareholder value
1139239 US9234541020 Veritiv Corporation North America USA 25/05/2017 Annual Against 4 <p>Apparent failure to link pay and appropriate
performance</p>
1132111 US92345Y1064 Verisk Analytics, Inc. North America USA 17/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1145995 US92532F1003 Vertex
Pharmaceuticals
Incorporated
North America USA 08/06/2017 Annual Against 5
7
8
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes enhanced
shareholder rights
Shareholder proposal promotes transparency
1135628 US92552R4065 Viad Corp North America USA 18/05/2017 Annual All For
1146990 US9258151029 Vicor Corporation North America USA 16/06/2017 Annual Against 3
4
1.2
<p>Annual vote provides for greater shareholder
oversight</p>
<p>Apparent failure to link pay and appropriate
performance</p>
<p>Concerns about overall board structure</p>
1151751 US9276511097 Virco Mfg.
Corporation
North America USA 20/06/2017 Annual Against 4 Annual vote provides for greater shareholder
oversight
1134732 US92828Q1094 Virtus Investment
Partners, Inc.
North America USA 19/05/2017 Annual Against 3 <p>Apparent failure to link pay and appropriate
performance</p>
1132306 US9282981086 Vishay
Intertechnology,
Inc.
North America USA 23/05/2017 Annual Against 4
1.1
Annual vote provides for greater shareholder
oversight
Concerns to protect shareholder value
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1145331 US92839U2069 Visteon Corporation North America USA 08/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1135630 US92840M1027 Vistra Energy Corp. North America USA 16/05/2017 Annual All For
1144974 US92849E1010 Vitamin Shoppe,
Inc.
North America USA 07/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1142980 US9285634021 VMware, Inc. North America USA 08/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1145954 US92886T2015 Vonage Holdings
Corp.
North America USA 08/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1135772 US9290421091 Vornado Realty
Trust
North America USA 18/05/2017 Annual Against 1.2 Concerns about overall performance
1135822 US9290891004 Voya Financial, Inc. North America USA 25/05/2017 Annual All For
1129095 US9291601097 Vulcan Materials
Company
North America USA 12/05/2017 Annual All For
1132340 US92924F1066 WGL Holdings, Inc. North America USA 10/05/2017 Special All For
1138984 US92927K1025 WABCO Holdings
Inc.
North America USA 24/05/2017 Annual All For
1129120 US9293281021 WSFS Financial
Corporation
North America USA 27/04/2017 Annual All For
1137473 US92936U1097 W. P. Carey Inc. North America USA 15/06/2017 Annual All For
1127315 US92939U1060 WEC Energy Group,
Inc.
North America USA 04/05/2017 Annual All For
1135575 US9295661071 Wabash National
Corporation
North America USA 18/05/2017 Annual All For
1130484 US9297401088 Westinghouse Air
Brake Technologies
Corporation
North America USA 10/05/2017 Annual All For
1119287 US9300591008 Waddell & Reed
Financial, Inc.
North America USA 27/04/2017 Annual All For
1124855 US9304271094 WageWorks, Inc. North America USA 27/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1141555 US9311421039 Wal-Mart Stores,
Inc.
North America USA 02/06/2017 Annual Against 3
5
6
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes appropriate accountability or
incentivisation
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
1131686 US93148P1021 Walker & Dunlop,
Inc.
North America USA 18/05/2017 Annual All For
1134963 US93317W1027 Walter Investment
Management Corp.
North America USA 17/05/2017 Annual Against 2
1e,1g
4
1b
Apparent failure to link pay and appropriate
performance
Concerns about overall performance
Policy Rationale:Apparent failure to link pay and
appropriate performance
Policy Rationale:Concerns related to approach to
board diversityConcerns about overall performance
1135617 US93964W1080 Washington Prime
Group Inc.
North America USA 18/05/2017 Annual All For
1137278 US9396531017 Washington Real
Estate Investment
Trust
North America USA 01/06/2017 Annual All For
1122587 US9406101082 WASHINGTON
TRUST BANCORP,
INC.
North America USA 25/04/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1128046 US94106L1098 Waste
Management, Inc.
North America USA 12/05/2017 Annual Against 5 Shareholder proposal promotes appropriate
accountability or incentivisation
1130491 US9418481035 Waters Corporation North America USA 09/05/2017 Annual Against 1.1
1.9
6
Concerns about overall board structure
Concerns about overall board structure
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
1.2
1145938 US9426222009 Watsco, Inc. North America USA 05/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1130187 US9427491025 Watts Water
Technologies, Inc.
North America USA 17/05/2017 Annual Against 1.1 Concerns to protect shareholder value
1135019 US94419L1017 Wayfair Inc. North America USA 17/05/2017 Annual Abstain 1e Concerns to protect shareholder value
1133590 US94733A1043 WEB.COM GROUP,
INC.
North America USA 10/05/2017 Annual All For
1141350 US94770V1026 WebMD Health
Corp.
North America USA 01/06/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1125317 US9478901096 Webster Financial
Corporation
North America USA 27/04/2017 Annual All For
1122796 US9487411038 Weingarten Realty
Investors
North America USA 24/04/2017 Annual All For
1124361 US9490901041 Welbilt, Inc. North America USA 28/04/2017 Annual All For
1136456 US94946T1060 WellCare Health
Plans, Inc.
North America USA 24/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1123891 US9497461015 Wells Fargo &
Company
North America USA 25/04/2017 Annual Against 1c,1e,1g,1i,1j,1n
1a
10
5
Concerns about overall performance
Concerns about overall performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks 3- SH: For shareholder
resolution, against management recommendation /
Shareholder proposal promotes transparency
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1123891 US9497461015 Wells Fargo &
Company
North America USA 25/04/2017 Annual Against 1c,1e,1g,1i,1j,1n
1a
1k,1o
1b
5
Concerns about overall performance
Concerns about overall performance
Fund manager or client vote
Fund manager or client vote 2- Overboarded/Too
many other time commitments
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks 3- SH: For shareholder
resolution, against management recommendation /
Shareholder proposal promotes transparency
1128035 US95040Q1040 Welltower Inc. North America USA 04/05/2017 Annual All For
1137441 US95058W1009 The Wendy's
Company
North America USA 23/05/2017 Annual Against 5 Shareholder proposal promotes appropriate
accountability or incentivisation
1134718 US9507551086 Werner
Enterprises, Inc.
North America USA 09/05/2017 Annual Against 1.2 Concerns related to attendance at board or
committee meetings
1123328 US9508101014 Wesbanco, Inc. North America USA 19/04/2017 Annual All For
1139719 US95082P1057 WESCO
International, Inc.
North America USA 31/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1135535 US9523552043 West Corporation North America USA 16/05/2017 Annual All For
1126440 US9553061055 West
Pharmaceutical
Services, Inc.
North America USA 02/05/2017 Annual All For
1122528 US9570901036 Westamerica
Bancorporation
North America USA 27/04/2017 Annual Against 6 Shareholder proposal promotes appropriate
accountability or incentivisation
1142293 US9576381092 Western Alliance
Bancorporation
North America USA 06/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1140402 US95790D1054 Western Asset
Mortgage Capital
Corporation
North America USA 01/06/2017 Annual All For
1130672 US9598021098 The Western Union
Company
North America USA 11/05/2017 Annual Against 5 Shareholder proposal promotes transparency 2
1135956 US9604131022 Westlake Chemical
Corporation
North America USA 19/05/2017 Annual Against 3
1.1
Annual vote provides for greater shareholder
oversight
Concerns related to inappropriate membership of
committees
1142644 US96208T1043 WEX Inc. North America USA 12/05/2017 Annual All For
1135561 US9621661043 Weyerhaeuser
Company
North America USA 19/05/2017 Annual All For
1118554 US9633201069 WHIRLPOOL
CORPORATION
North America USA 18/04/2017 Annual All For
1118554 US9633201069 WHIRLPOOL
CORPORATION
North America USA 18/04/2017 Annual Against 1g Vote against combined Chair/CEO
1125569 US9663871021 Whiting Petroleum
Corporation
North America USA 02/05/2017 Annual Against 2 Apparent failure to link pay and appropriate
performance
1135366 US9694571004 The Williams
Companies, Inc.
North America USA 18/05/2017 Annual All For
1140771 US9699041011 Williams-Sonoma,
Inc.
North America USA 31/05/2017 Annual Against 2
6
Apparent failure to link pay and appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes enhanced shareholder rights
1139639 US97382A2006 Windstream
Holdings, Inc.
North America USA 25/05/2017 Annual All For
1127168 US9741551033 Wingstop Inc. North America USA 03/05/2017 Annual Against 1.2 Concerns about overall performance
1135861 US97650W1080 Wintrust Financial
Corporation
North America USA 25/05/2017 Annual All For
1146621 US97717P1049 WisdomTree
Investments, Inc.
North America USA 20/06/2017 Annual All For
1129852 US9780971035 Wolverine World
Wide, Inc.
North America USA 04/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1146349 US98138H1014 Workday, Inc. North America USA 20/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1139645 US9814751064 WORLD FUEL
SERVICES
CORPORATION
North America USA 25/05/2017 Annual Against 1.2 Concerns related to approach to board diversity
1122238 US98156Q1085 World Wrestling
Entertainment, Inc.
North America USA 20/04/2017 Annual Against 1.5 Concerns to protect shareholder value
1130653 US98212B1035 WPX Energy, Inc. North America USA 18/05/2017 Annual All For
1130687 US98310W1080 Wyndham
Worldwide
Corporation
North America USA 09/05/2017 Annual Against 2
5
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes transparency
1122127 US9831341071 Wynn Resorts,
Limited
North America USA 21/04/2017 Annual Against 4
3
5
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes transparency
1137266 US9837721045 XO Group Inc. North America USA 25/05/2017 Annual Against 1.2 <p>Concerns related to attendance at board or
committee meetings</p>
1139895 US9837931008 XPO Logistics, Inc. North America USA 10/05/2017 Annual Against 1.2
3
4
Fund manager or client vote
Apparent failure to link pay and appropriate
performance
SH: For shareholder resolution, against
management recommendation / Shareholder
proposal promotes better management of ESG
opportunities and risks
1139895 US9837931008 XPO Logistics, Inc. North America USA 10/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1114995 US98387E2054 X5 Retail Group NV Europe Netherland
s
12/05/2017 Annual Against 8 Apparent failure to link pay & appropriate
performance
1134409 US98389B1008 Xcel Energy Inc. North America USA 17/05/2017 Annual Against 5 Shareholder proposal promotes appropriate
accountability or incentivisation
1134409 US98389B1008 Xcel Energy Inc. North America USA 17/05/2017 Annual Against 1c
5
Vote against combined Chair/CEO
Vote in favour of a resolution requiring or
requesting an independent chair
1136457 US9840171030 Xenia Hotels &
Resorts, Inc.
North America USA 23/05/2017 Annual Against 1.6 Concerns about reducing shareholder rights
1129720 US9841216081 Xerox Corporation North America USA 23/05/2017 Annual All For
1129833 US98419M1009 Xylem Inc. North America USA 10/05/2017 Annual All For
1123911 US98421B1008 Xperi Corporation North America USA 27/04/2017 Annual Against 1.6
1.7
Concerns related to approach to board diversity
Overboarded/Too many other time commitments
1126077 US9842496070 YRC Worldwide Inc. North America USA 02/05/2017 Annual All For
1146471 US9858171054 YELP INC. North America USA 15/06/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1135611 US9884981013 YUM! Brands, Inc. North America USA 19/05/2017 Annual Against 3
5
Apparent failure to link pay & appropriate
performance
SH: For shareholder resolution, no management
recommendation / Shareholder proposal promotes
better management of ESG opportunities and risks
1124483 US98850P1093 Yum China
Holdings, Inc.
North America USA 28/04/2017 Annual All For
1139686 US9892071054 Zebra Technologies
Corporation
North America USA 18/05/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1127383 US98933Q1085 ZELTIQ Aesthetics,
Inc.
North America USA 27/04/2017 Special Against 2 Concerns related to inappropriate service contract
1131358 US98936J1016 Zendesk, Inc. North America USA 16/05/2017 Annual Against 1.2 Concerns about overall performance
1144388 US98954M1018 Zillow Group, Inc. North America USA 14/06/2017 Annual Against 1.3 Overboarded/Too many other time commitments
1130485 US98956P1021 Zimmer Biomet
Holdings, Inc.
North America USA 12/05/2017 Annual Against 3 Apparent failure to link pay and appropriate
performance
1141349 US9897011071 Zions
Bancorporation
North America USA 02/06/2017 Annual Against 3
4
Apparent failure to link pay and appropriate
performance
Shareholder proposal promotes appropriate
accountability or incentivisation
1146395 US98973P1012 ZIOPHARM
Oncology, Inc.
North America USA 14/06/2017 Annual Against 3
1.1
Apparent failure to link pay and appropriate
performance
Concerns related to approach to board diversity
1132064 US98978V1035 Zoetis Inc. North America USA 11/05/2017 Annual All For
1142225 US9898171015 Zumiez Inc. North America USA 31/05/2017 Annual Against 3 Annual vote provides for greater shareholder
oversight
1125974 US98986T1088 Zynga Inc. North America USA 01/05/2017 Annual Against 2
1.3
Apparent failure to link pay and appropriate
performance
Concerns to protect shareholder value
1123677 USU834501038 Somero
Enterprises, Inc.
North America USA 06/06/2017 Annual All For 3
1140662 VGG379591065 Gem Diamonds Ltd United Kingdom United
Kingdom
06/06/2017 Annual All For
1118848 VN000000VNM8 Vietnam Dairy
Products JSC
Emerging Markets Vietnam 15/04/2017 Annual Against 12 Insufficient/poor disclosure
1117402 ZAE000000220 AECI Ltd Emerging Markets South
Africa
29/05/2017 Annual Against 7.1,7.2 Apparent failure to link pay and appropriate
performance
1133329 ZAE000003257 Hosken
Consolidated
Investments Ltd
Emerging Markets South
Africa
31/05/2017 Special All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1117404 ZAE000004875 Nedbank Group Ltd Emerging Markets South
Africa
18/05/2017 Annual Against 1 Apparent failure to link pay and appropriate
performance
1152387 ZAE000013017 PSG Group Ltd Emerging Markets South
Africa
23/06/2017 Annual Against 4
2.3
1.2
1.3
Apparent failure to link pay and appropriate
performance
Concerns related to inappropriate membership of
committees
Lack of independence on board
Lack of independence on boardLack of independent
representation at board committees
1109890 ZAE000013181 Anglo American
Platinum Ltd
Emerging Markets South
Africa
07/04/2017 Annual All For
1125964 ZAE000018123 Gold Fields Ltd Emerging Markets South
Africa
24/05/2017 Annual All For
1121151 ZAE000018123 Gold Fields Ltd Emerging Markets South
Africa
24/05/2017 Annual All For
1128269 ZAE000035861 Capitec Bank
Holdings Ltd
Emerging Markets South
Africa
26/05/2017 Annual Against 3
9
Concerns related to inappropriate membership of
committees 2- Lack of independent representation
at board committees
Concerns to protect shareholder value
1129909 ZAE000042164 MTN Group Ltd Emerging Markets South
Africa
25/05/2017 Annual Against 1 Apparent failure to link pay & appropriate
performance 2- Concerns to protect shareholder
value
1132232 ZAE000043485 AngloGold Ashanti
Ltd
Emerging Markets South
Africa
16/05/2017 Annual All For
1114997 ZAE000043485 AngloGold Ashanti
Ltd
Emerging Markets South
Africa
16/05/2017 Annual All For
1132408 ZAE000070660 Sanlam Ltd Emerging Markets South
Africa
07/06/2017 Annual All For
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1131845 ZAE000072328 Grindrod Ltd Emerging Markets South
Africa
24/05/2017 Annual Against 2.4.2
4.1
Concerns related to inappropriate membership of
committees
Insufficient basis to support a decisionApparent
failure to link pay and appropriate performance
1117962 ZAE000079711 JSE Ltd Emerging Markets South
Africa
18/05/2017 Annual All For
1139523 ZAE000084992 Exxaro Resources
Ltd
Emerging Markets South
Africa
25/05/2017 Annual Against 4
2.2
1.5
Apparent failure to link pay & appropriate
performance
Concerns related to inappropriate membership of
committees
Lack of independence on board
1113530 ZAE000085346 Kumba Iron Ore Ltd Emerging Markets South
Africa
11/05/2017 Annual Against 4
6
Apparent failure to link pay & appropriate
performance
Concerns about reducing shareholder rights
1132394 ZAE000093779 Santam Ltd Emerging Markets South
Africa
31/05/2017 Annual Against 12
15
4,9
6
Concerns related to inappropriate membership of
committees
Insufficient/poor disclosure
Lack of independence on board
Lack of independence on boardConcerns related to
attendance at board or committee meetings
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1128636 ZAE000097580 Sun International
Ltd
Emerging Markets South
Africa
14/06/2017 Annual Against 2.3
8
Apparent failure to link pay & appropriate
performance 2- Insufficient/poor disclosure
Concerns about reducing shareholder rights
1121938 ZAE000109815 Standard Bank
Group Ltd
Emerging Markets South
Africa
26/05/2017 Annual All For
1132511 ZAE000127148 Liberty Holdings Ltd Emerging Markets South
Africa
19/05/2017 Annual Against 1 Apparent failure to link pay and appropriate
performance
1140711 ZAE000152617 Massmart Holdings
Ltd
Emerging Markets South
Africa
25/05/2017 Annual Against 8 Concerns to protect shareholder value 3
1140711 ZAE000152617 Massmart Holdings
Ltd
Emerging Markets South
Africa
25/05/2017 Annual All For
1123954 ZAE000156501 Mpact Ltd Emerging Markets South
Africa
01/06/2017 Annual All For
1115814 ZAE000156550 Mondi Ltd Emerging Markets South
Africa
11/05/2017 Annual All For
1121388 ZAE000173951 Sibanye Gold Ltd Emerging Markets South
Africa
25/04/2017 Special Against 4 Issue of equity raises concerns about excessive
dilution of existing shareholders
1115844 ZAE000173951 Sibanye Gold Ltd Emerging Markets South
Africa
25/04/2017 Special Against 4 Issue of equity raises concerns about excessive
dilution of existing shareholders
1139289 ZAE000173951 Sibanye Gold Ltd Emerging Markets South
Africa
23/05/2017 Annual Against 1
13
Apparent failure to link pay & appropriate
performance
Apparent failure to link pay & appropriate
performance
1121926 ZAE000173951 Sibanye Gold Ltd Emerging Markets South
Africa
23/05/2017 Annual Against 13,1 Apparent failure to link pay & appropriate
performance
1123941 ZAE000174124 Barclays Africa
Group Ltd
Emerging Markets South
Africa
16/05/2017 Annual Against 7 Apparent failure to link pay and appropriate
performance
1117963 ZAE000201687 Rebosis Property
Fund Ltd
Emerging Markets South
Africa
19/04/2017 Annual Against 5
1
Concerns related to Non-audit fees
Concerns to protect shareholder value
Meeting ID ISIN Company Name Investment Region Country Meeting Date Meeting Type Voting Action Agenda Item Numbers Voting Explanation Vote By Exception
1154587 ZAE000203063 Emira Property
Fund Ltd
Emerging Markets South
Africa
28/06/2017 Special All For
1132510 ZAE000203238 SA Corporate Real
Estate Ltd
Emerging Markets South
Africa
19/05/2017 Annual Against 1.5,1.6,1.8 Apparent failure to link pay and appropriate
performance
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