CORPORATE GOVERNANCE - INTERNATIONAL 1 April … · PT Unilever Indonesia Indonesia AGM 10/05/13 Approve change in ... CSR Corp China AGM 24/05 ... Sapurakencana Petroleum Malaysia

CORPORATE GOVERNANCE - INTERNATIONAL

1st April 2013 to 31st March 2014 ASIA PACIFIC

A Stock option plan

B Director election

C Share issuance without pre-emptive rights

D Amend articles of association

E Remuneration

F Share issuance

G Bond issuance

H Share repurchase

I Amendment to articles of incorporation

J Other business

K Approval of dividend

L Re-issuance of repurchased shares

M Directors’ report and financial statements

N Reappoint auditors and fix their remuneration

O Amend equity incentive plan

P Increase borrowing powers

Q Executive retention plan

R Elect member of audit committee

S Issue Debenture

T Release restrictions of competitive activities of directors

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED

ISSUES VOTED FOR/ WITH ISS

ISSUES VOTED AGAINST, ABSTAINED, OR CONTRARY TO ISS RECOMMENDATIONS

The Siam Commercial Bank Public Co Thailand AGM 01/04/13

PT Perusahaan Gas Negara Indonesia AGM 09/04/13 B - Voted against in line with ISS recommendation.

Sembcorp Marine Ltd Singapore AGM 10/04/13 A - Voted against in line with ISS recommendation.

Cimb Holdings Malaysia AGM 11/04/13

Keppel Corporation Ltd Singapore AGM 12/04/13

Keppel Corporation Ltd Singapore EGM 12/04/13

Sembcorp Marine Ltd Singapore EGM 12/04/13

Ayala Group Philippines AGM 16/04/13 J - Voted against in line with ISS recommendation.

CapitalandLtd Singapore AGM 17/04/13 B - Voted against in line with ISS recommendation.

United Overseas Bank Ltd Singapore AGM 17/04/13 B, Q - Voted against in line with ISS recommendation.

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



DBS Group Holdings Ltd Singapore EGM 18/04/13 A - Voted against in line with ISS recommendation.

PT Astra International Indonesia AGM 18/04/13 B, E - Voted against in line with ISS recommendation.

Woodside Petroleum Ltd Australia AGM 18/04/13

Capitaland Ltd Singapore EGM 19/04/13

DBS Group Holdings Ltd Singapore EGM 22/04/13

Noble Group Ltd Hong Kong AGM 23/04/13 A, B x 2, F - Voted against in line with ISS recommendation.

Semen Indonesia Indonesia AGM 23/04/13 B - Voted against in line with ISS recommendation.

AMP Ltd Australia AGM 03/05/13

MTR Corp Hong Kong AGM 03/05/13 C, L - Voted against in line with ISS recommendation.

Santos Ltd Australia AGM 03/05/13

Jardine Matheson Holdings Ltd Singapore AGM 06/05/13 B – Voted against in line with ISS recommendation. B x 3 – Voted in favour contrary to ISS recommendation to abstain. Non independent Non-Executive Directors and members of both audit and remuneration committees, but contribution considered valuable.

Jardine Strategic Holdings Ltd Singapore AGM 06/05/13 Approve purchase of shares in parent company – Voted against in line with ISS recommendation. B x 2 – Voted in favour contrary to ISS recommendation to vote against. Non independent Non-Executive Directors and members of both audit and remuneration committees, but contribution considered valuable.

Ping An Insurance Group China AGM 06/05/13

AIA Group Hong Kong AGM 07/05/13 B - Voted against in line with ISS recommendation.

Kunlun Energy Company Hong Kong AGM 10/05/13 C, L - Voted against in line with ISS recommendation.

PT Unilever Indonesia Indonesia AGM 10/05/13 Approve change in benefits of retired beneficiaries, Accept report on appointment of members of audit committee - Voted against in line with ISS recommendation.

Tencent Holdings Ltd Hong Kong AGM 10/05/13 C, L - Voted against in line with ISS

recommendation.

Tencent Hondings Ltd Hong Kong AGM 11/05/13 C, L - Voted against in line with ISS recommendation.

Cheung Kong Holdings Hong Kong AGM 15/05/13 B x 2, C, L - Voted against in line with ISS recommendation.

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



GI Dynamics Inc Australia AGM 15/05/13 A, F - Voted against in line with ISS recommendation.

Hutchison Whampoa Hong Kong AGM 15/05/13 B, C, L - Voted against in line with ISS recommendation.

Petrochina Co China AGM 15/05/13 C - Voted against in line with ISS recommendation.

Axiata Group Malaysia AGM 16/05/13

TPK Holdings Taiwan AGM 16/05/13 B x 6, T - Voted against in line with ISS recommendation.

China Oilfield Services China AGM 17/05/13 C - Voted against in line with ISS recommendation.

Hengan International Group Hong Kong AGM 17/05/13 C, L - Voted against in line with ISS recommendation.

Prada Hong Kong AGM 17/05/13

China Petroleum & Chemical Corp China AGM 21/05/13 C, S - Voted against in line with ISS recommendation.

China Resources Enterprise Ltd Hong Kong AGM 21/05/13 B x 3, C, L - Voted against in line with ISS recommendation.

Cnooc Ltd Hong Kong AGM 21/05/13 C, L - Voted against in line with ISS recommendation.

China Petroleum & Chemical Corp China Class Meeting 22/05/13

Belle International Holdings Ltd Taiwan AGM 23/05/13 C, L - Voted against in line with ISS recommendation.

Boc Holdings Hong Kong AGM 23/05/13 B, C, L - Voted against in line with ISS recommendation.

China Shipping Development Co China AGM 23/05/13

Reliance Industries Ltd India AGM 23/05/13 B, N - Voted against in line with ISS recommendation.

Bank of China Ltd China AGM 24/05/13 B x 6 - Voted against in line with ISS recommendation.

China Mobile Ltd Hong Kong AGM 24/05/13 C, L - Voted against in line with ISS recommendation.

China Overseas Land & Investment Ltd Hong Kong AGM 24/05/13 B x 5, C, L - Voted against in line with ISS recommendation.

CSR Corp China AGM 24/05/13 C, Approve arrangement of guarantees for company and subsidiaries - Voted against in line with ISS recommendation.

Reva Medical Inc Australia AGM 24/05/13 A, F, Option issuance x 6 - Voted against in line with ISS recommendation.

Sands China Ltd Taiwan AGM 24/05/13 C, I, L - Voted against in line with ISS recommendation.

Bharti Airtel Ltd India EGM 24/05/13

China Overseas Land & Investment Ltd Hong Kong EGM 27/05/13

Airasia Malaysia AGM 28/05/13

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



China Resources Gas Group Ltd Bermuda AGM 28/05/13 B x 4, C, L - Voted against in line with ISS recommendation.

Galaxy Entertainment Group Hong Kong AGM 28/05/13 C, L - Voted against in line with ISS recommendation.

Samsung Fire and Marine Insurance Co Korea AGM 28/05/13 R - Voted against in line with ISS recommendation.

Yes Bank Ltd India AGM 28/05/13 B x 2 - Voted against in line with ISS recommendation.

China Construction Bank Corp China AGM 29/05/13 B – Voted against in line with ISS recommendation.

China Life Insurance Co Ltd China AGM 30/05/13

China State Construction International Hong Kong AGM 31/05/13 B x 3, C, L - Voted against in line with ISS recommendation.

Jindal Steel & Power Ltd India EGM 31/05/13 A - Voted against in line with ISS recommendation.

Samsonite International Hong Kong AGM 31/05/13 C, L - Voted against in line with ISS recommendation.

Taiwan Semiconductor Taiwan AGM 03/06/13

The Wharf Holdings Ltd Hong Kong AGM 03/06/13 B x 2, C, L - Voted against in line with ISS recommendation.

Infosys Ltd India AGM 03/06/13

China Mengniu Dairy Co Ltd Hong Kong AGM 04/06/13 B, C - Voted against in line with ISS recommendation.

China Resources Power Holdings Co Hong Kong AGM 04/06/13 B x 4, C, L - Voted against in line with ISS recommendation.

Far Eastone Telecommunication Co Ltd China AGM 04/06/13

Industrial and Commercial Bank of China China AGM 04/06/13

Philippine Long Distance Telephone Co Philippines AGM 04/06/13

Fubon financial Holding Co Ltd Taiwan AGM 05/06/13

Cheng Shin Rubber Industry Co Ltd Taiwan AGM 07/06/13

China Merchants Holdings International Hong Kong AGM 07/06/13 C, L - Voted against in line with ISS recommendation.

China Shenhua Energy Company China AGM 07/06/13 L, Approve financial agreement and proposed annual caps - Voted against in line with ISS recommendation.

Guandong Investment Ltd Hong Kong AGM 07/06/13 B x 2, C, L - Voted against in line with ISS recommendation.

Jiangxi Copper Co Ltd China AGM 07/06/13 C - Voted against in line with ISS recommendation.

Taiwan Mobile Co Ltd Taiwan AGM 11/06/13

Agricultural Bank of China China AGM 12/06/13

Huaneng Power International Inc China AGM 12/06/13

Icici Bank Ltd India AGM 12/06/13

Chinatrust Financial Holdings Company Taiwan AGM 13/06/13

E.Sun Financial Holdings Co Taiwan AGM 13/06/13

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Mediatek Incorporation Taiwan AGM 13/06/13

Mega Financial Holding Company Taiwan AGM 13/06/13

Dongfeng Motor Group Company China AGM 14/06/13 C - Voted against in line with ISS recommendation.

China Shenhua Energy Company Ltd China Class Meeting 17/06/13

HTC Corporation Taiwan AGM 17/06/13 B x 5, T, Elect Supervisor x 2 - Voted against in line with ISS recommendation.

Uni-President Enterprises Corp Taiwan AGM 17/06/13

HDFC Bank Ltd India AGM 18/06/13

Hon Hai Precision Industry Co Ltd Taiwan AGM 18/06/13

UMW Holdings Malaysia AGM 20/06/13

Ascendas Real Estate Investment Trust Singapore AGM 21/06/13

China Communications Construction Company Ltd

China AGM 24/06/13 L, Approve cap for internal guarantees of the group, Approve total amount of related party transactions, Approve proposed transaction - Voted against in line with ISS recommendation.

Sobha Developers Ltd India AGM 25/06/13

Sapurakencana Petroleum Malaysia AGM 27/06/13

Punjab National Bank India AGM 29/06/13

KB Financial Group Ltd South Korea

EGM 03/07/13

China Resources Power Holdings Co Ltd Hong Kong EGM 04/07/13

Dabur India Ltd India AGM 05/07/13

China Mengniu Dairy Co Hong Kong EGM 11/07/13

Global Logistic Properties Ltd Singapore AGM 11/07/13 F - Voted against in line with ISS recommendation.

Housing Development Finance Corp India AGM 11/07/13 B, P - Voted against in line with ISS recommendation.

JSW Energy Ltd India AGM 11/07/13 B x 2 - Voted against in line with ISS recommendation.

Lenovo Group Ltd Hong Kong AGM 11/07/13 C, L - Voted against in line with ISS recommendation.

Zee Entertainment Enterprises Ltd India AGM 11/07/13

Jaypee Infratech Ltd India AGM 15/07/13

China Telecommunications Singapore AGM 19/07/13

Sands China Ltd China EGM 19/07/13

Singapore Telecommunications Ltd Singapore EGM 19/07/13

Ultra Tech Cement Ltd India AGM 19/07/13 A, B - Voted against in line with ISS recommendation.

Singapore Telecommunications Ltd Singapore AGM 19/07/13

Infosys Technologies Ltd India EGM 22/07/13

Crompton Greaves Ltd India AGM 23/07/13

Lupin Ltd India AGM 24/07/13 B - Voted against in line with ISS recommendation.

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Mahindra & Mahindra Ltd India AGM 29/07/13 B x 2 - Voted against in line with ISS recommendation.

Larsden & Toubro Ltd India AGM 12/08/13 B x 2, N - Voted against in line with ISS recommendation.

TATA Motors Ltd India AGM 12/08/13

Bharti Airtel Ltd India AGM 26/08/13

Industrial and Commercial Bank of China China EGM 04/09/13

Coal India Ltd India AGM 05/09/13

Alliance Global Group Plc Philippines AGM 12/09/13 B - Voted against in line with ISS recommendation.

Keppel Corporation Singapore EGM 16/09/13

Bharti Airtel Ltd India EGM 16/09/13

Jindal Steel & Power Ltd India AGM 17/09/13 B x 2 - Voted against in line with ISS recommendation.

Lupin Ltd India EGM 19/09/13

Dongfeng Motor Group China EGM 03/10/13

Zee Entertainment Enterprises Ltd India Court 04/10/13

CSL Ltd Australia AGM 10/10/13

Telstra Corporation Ltd Australia AGM 10/10/13

Lend Lease Group Australia AGM 11/10/13 Approve spill resolution - Voted against in line with ISS recommendation.

Mesoblast Ltd Australia AGM 11/10/13 B - Voted in favour contrary to ISS recommendation to vote against. Director’s contribution is considered to be valuable.

Brambles Ltd Australia AGM 17/10/13

PT Unilever Indonesia Indonesia EGM 17/10/13 B - Voted against in line with ISS recommendation.

China Construction Bank Corporation China EGM 18/10/13

Korea Electric Power Corp South Korea

EGM 18/10/13 B x 2 - Voted against in line with ISS recommendation.

Suncorp Group Ltd Australia AGM 18/10/13 Amend company constitution – Voted in favour contrary to ISS recommendation to vote against. Improves administration, creates optimum board size and speeds up decision making.

Stockland Australia AGM 22/10/13

China Communications Construction Company Ltd

China EGM 23/10/13

Insurance Australia Group Ltd Australia AGM 24/10/13

Wesfarmers Ltd Australia AGM 01/11/13

Commonwealth Bank of Australia Australia AGM 04/11/13

Sime Darby Malaysia AGM 13/11/13 A – Voted against in line with ISS recommendation.

Silex Systems Ltd Australia AGM 14/11/13

Sime Darby Malaysia EGM 14/11/13

BHP Billiton Ltd Australia AGM 15/11/13 SP - B - Voted against in line with ISS recommendation.

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Sina Corporation South Korea

AGM 15/11/13

China Petroleum & Chemical Sinopec China EGM 19/11/13

Cnooc Ltd Hong Kong EGM 22/11/13

Brambles Ltd Australia Scheme 28/11/13

Brambles Ltd Australia OGM 28/11/13 A - Voted against in line with ISS recommendation.

Sapurakencana Petroleum Malaysia EGM 29/11/13

Westpac Banking Corp Australia AGM 04/12/13 SP - B - Voted against in line with ISS recommendation.

Korea Electric Power Corp South Korea

EGM 10/12/13 R – Voted in favour contrary to ISS recommendation to vote against. Board will restore majority independence in 2014.

Australia & New Zealand Banking Group Ltd

Australia AGM 12/12/13 SP - B - Voted against in line with ISS recommendation.

CTBC Financial Holdings Co Ltd Taiwan EGM 12/12/13

Tenaga Nasional BHD Malaysia AGM 12/12/13

HCL Technologies Ltd India AGM 13/12/13 B - Voted against in line with ISS recommendation.

National Australia Bank Ltd Australia AGM 13/12/13 SP - B - Voted against in line with ISS recommendation.

Huaneng Renewables Corporation China EGM 16/12/13 Approve deposit transaction – Voted in favour contrary to ISS recommendation to vote against. Voting error.

Dabur India Ltd India Other 31/12/13

Power Assets Holdings Ltd Hong Kong EGM 31/12/13

China Merchants Bank Co Ltd China EGM 09/01/14

China National Building Material Company Ltd

China EGM 13/01/14

Samsung Fire & Marine Insurance Co Ltd South Korea

EGM 15/01/14

PT XL Axiata Indonesia EGM 16/01/14

Orica Ltd Australia AGM 23/01/14

PTXL Axiata Indonesia EGM 29/01/14

PT Bank Madiri (Persero) TBK Indonesia AGM 18/02/14 Approval of acquisition – Voted against in line with ISS recommendation.

HDFC Bank Ltd Indonesia EGM 27/02/14

Hyundai Engineering and Construction Co Ltd

South Korea AGM 04/03/14

Hyundai Mobis South Korea AGM 04/03/14

Hyundai Motor Co Ltd South Korea AGM 04/03/14

Korea Electric Power Corp South Korea EGM 04/03/14

LG Chem Ltd South Korea AGM 04/03/14

LG Household & Health Care Ltd South Korea AGM 04/03/14

Posco South Korea AGM 04/03/14

Samsung Electronics Co Ltd South Korea AGM 04/03/14

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Samsung Fire & Marine Insurance Co Ltd South Korea AGM 04/03/14

Samsung Heavy Industries Co Ltd South Korea AGM 04/03/14

Samsung SDI Co Ltd South Korea AGM 04/03/14

E-Mart Co Ltd South Korea AGM 04/03/14

ITC Ltd India EGM 06/03/14

CJ O Shopping Co Ltd South Korea AGM 12/03/14

Hana Financial Group Inc South Korea AGM 12/03/14

KIA Motors Corp South Korea AGM 12/03/14

LG Corp South Korea AGM 12/03/14

Lotte Shopping Co Ltd South Korea AGM 12/03/14 Amend terms of severance payments to executives – Voted against in line with ISS recommendation.

Naver Corp South Korea AGM 12/03/14

SK Hynix Inc South Korea AGM 12/03/14

SK Innovation Co Ltd South Korea AGM 12/03/14 E – Voted against in line with ISS recommendation.

China Mengniu Dairy Co Ltd Hong Kong EGM 17/03/14

Shinhan Financial Group Co Ltd South Korea AGM 17/03/14

Bank of China Ltd China EGM 19/03/14

Daewoo Shipbuilding & Marine Engineering Co Ltd

South Korea AGM 19/03/14 R – Voted against in line with ISS recommendation.

KB Financial Group South Korea AGM 19/03/14

Korea Electric Power Corp South Korea AGM 19/03/14

Public Bank BHD Malaysia AGM 21/03/14

PT Telekomunikasi Indonesia Indonesia AGM 27/03/14 B - Voted against in line with ISS recommendation.

QBE Insurance Group Australia AGM 27/03/14 B - Voted against in line with ISS recommendation.

Malayan Banking BHD Maybank Malaysia AGM 31/03/14

EUROPE

A Stock Option Plan

B Director Election

C Share Issuance without Pre-emptive rights

D Amend Articles of Association

E Remuneration Plan

F Share Issuance

G Bond Issuance

H Share Repurchase

I Audit Commission Election

J Other business

K Auditors’ special report

L Amend Bylaws

M Anti-takeover measure

N Severance payment

O Supervisory board member

P Environmental and Social Issue

Q Authorise increase of capital

R Approve related party transaction

S Appoint auditors

T Warrant Issuance

U Approve Dividend

V Share consolidation

W Limit company donations

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Deutsche Bank Germany EGM 23/03/13

Daimler Germany AGM 26/03/13 O – Voted against in line with ISS recommendation.

Aker Solutions Norway AGM 04/04/13 B, E, H - Voted against in line with ISS recommendation.

Prysmian Italy MIX 04/04/13 S- Voted against in line with ISS recommendation.

Swiss RE Switzerland AGM 04/04/13

Nestle Switzerland AGM 05/04/13 J - Voted against in line with ISS recommendation.

Anheuser-Busch Inbev Belgium EGM 09/04/13 A, C, E, Q, T - Voted against in line with ISS recommendation.

Anheuser-Busch Inbev Belgium AGM 09/04/13 A, E - Voted against in line with ISS recommendation.

Gam Holdings Switzerland AGM 09/04/13

GEA Group Germany AGM 09/04/13

LVMH Moet Hennessy Louis Vuitton France MIX 09/04/13 A, B, C, K, L, Q, R - Voted against in line with ISS recommendation.

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



BASF Germany AGM 10/04/13

Bayer Germany AGM 10/04/13

Muenchener Rueckversicherungs-Gesellschaft

Germany AGM 10/04/13

Reed Elsevier Netherlands AGM 10/04/13

Romreal Invest Ltd Romania AGM 10/04/13 H, V - Voted against in line with ISS recommendation.

Novatek US AGM 11/04/13 B - Voted against in line with ISS recommendation.

ABB LTD Switzerland AGM 16/04/13

KBC Groupe Belgium MIX 16/04/13 B x 2, F, H - Voted against in line with ISS recommendation.

Sandvik Sweden AGM 16/04/13 SP – Spin off listing of Sandvik Materials Technology on stock exchange and distribute to shareholders - Voted against in line with ISS recommendation.

Schneider Electric France MIX 16/04/13 Adopt one tiered board structure; appoint representatives of employee shareholders to the board - Voted against in line with ISS recommendation. B – Voted in favour contrary to ISS recommendation to vote against. Chairman and CEO role is deemed unsatisfactory, but contribution considered valuable.

Sygenta Switzerland AGM 16/04/13

Telefonica Czech Republic Czech Republic

AGM 16/04/13

Assicurazioni Generali Spa Italy MIX 17/04/13 A, B, E, H, Q - Voted against in line with ISS recommendation.

Atlas Copco Sweden AGM 17/04/13 B - Voted against in line with ISS recommendation.

Axa France MIX 18/04/13

Komercni Banka Czech Republic

OGM 18/04/13

OTP Bank Plc Hungary AGM 18/04/13 H - Voted against in line with ISS recommendation.

Adidas Germany AGM 23/04/13

Allianz Germany AGM 23/04/13

Sanofi France MIX 23/04/13

Telefonica Deutchland Holdings Germany AGM 23/04/13

Viscofan Spain MIX 23/04/13

UBS Switzerland AGM 24/04/13

Hochtief Germany AGM 25/04/13

Kerry Group Plc Ireland AGM 25/04/13 B x 5 - Voted against in line with ISS recommendation.

L’air Liquide Paris France MIX 25/04/13 Q - Voted against in line with ISS recommendation.

Turkiye Garanti Bankasi Turkey OGM 25/04/13 B x 2 - Voted against in line with ISS recommendation.

Eni Spa Italy OGM 29/04/13

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Deutsche Telekom Germany AGM 01/05/13 O x 2 - Voted against in line with ISS recommendation.

Elringklinger Germany AGM 01/05/13

Emlak Konut Gayrimenkul Yatirim Turkey OGM 02/05/13 W - Voted against in line with ISS recommendation.

Eurocash Poland AGM 02/05/13

Unilever Nv Netherlands AGM 02/05/13

BNP Paribas France AGM 03/05/13 L, N - Voted against in line with ISS recommendation.

Telenor Norway AGM 03/05/13 E, Corporate assembly election x 13 - Voted against in line with ISS recommendation.

Essilor International France AGM 07/05/13

Magnit JSC Russia AGM 07/05/13 B - Voted against in line with ISS recommendation. Voted rejected due to pooled custodian account.

Powszechny Zaklad Poland AGM 07/05/13

Bim BirlesikMagazalar Turkey AGM 08/05/13 B,E,S,W - Voted against in line with ISS recommendation.

Compagnie Generale Des Etablissements Michelin

France AGM 08/05/13

Deutsche Bank Germany AGM 08/05/13 O - Voted against in line with ISS recommendation.

Total SA France AGM 08/05/13 A,B - Voted against in line with ISS recommendation. SP – P x3, loyalty dividends to long term shareholders, nomination of employee representative on remuneration committee - Voted against in line with ISS recommendation.

Gemalto Netherlands AGM 10/05/13 C, D, F - Voted against in line with ISS recommendation.

Deutsche Post Germany AGM 14/05/13

Sberbank of Russia Russia AGM 16/05/13 B - Voted against in line with ISS recommendation. Voted rejected due to pooled custodian account.

Nord Gold Russia AGM 17/05/13

Safran France AGM 17/05/13 A, B x 3,Q,O - Voted against in line with ISS recommendation. SP – B, Approve alternate income allocation (dividend) - Voted against in line with ISS recommendation.

Atos France AGM 20/05/13 A,B,H,L - Voted against in line with ISS recommendation.

Publicis Groupe France AGM 20/05/13 A,E - Voted against in line with ISS recommendation.

Dassault Systemes France AGM 21/05/13 A,Q,T - Voted against in line with ISS recommendation.

The Swatch Group Switzerland OGM 21/05/13 B, U - Voted against in line with ISS recommendation.

Uralkaliy OJSC Russia AGM 21/05/13 B x 6 - Voted against in line with ISS recommendation. Voted rejected due to pooled custodian account.

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Mining and Metallurgical Company Russia AGM 23/05/13 Voted rejected due to pooled custodian account.

Mining and Metallurgical Company Norilsk

Russia AGM 23/05/13 B,E - Voted against in line with ISS recommendation. Voted rejected due to pooled custodian account.

Turk Telekomunikasyon Turkey OGM 23/05/13 W - Voted against in line with ISS recommendation.

SAP AG Germany AGM 24/05/13

Telefonica Spain OGM 24/05/13 B x 6 - Voted against in line with ISS recommendation.

Compagnie De Saint-Gobain France AGM 28/05/13 B x 2 - Voted against in line with ISS recommendation.

Bank Polska Kasa Poland AGM 30/05/13

Banco Popular Espanol Spain OGM 04/06/13 B, G - Voted against in line with ISS recommendation.

Bank Handlowy Poland AGM 04/06/13 L - Voted against in line with ISS recommendation.

Brenntag Germany AGM 04/06/13

KGHM Polska Poland AGM 04/06/13 O - Voted against in line with ISS recommendation.

PKO Bank Polski Poland AGM 04/06/13

Wirecard AG Germany AGM 06/06/13

Yit Oyj Finland EGM 06/06/13

Rosneft Oil Company Russia AGM 07/06/13 B, E - Voted against in line with ISS recommendation.

Rosneft Oil Company Russia EGM 07/06/13

Mobile Telesystems Russia AGM 10/06/13 B - Voted against in line with ISS recommendation. Voted rejected due to pooled custodian account.

Oil Company Lukoil Russia AGM 10/06/13 B - Voted against in line with ISS recommendation.

Polski Koncern Naftowy Orlen Poland AGM 10/06/13

HMS Hydraulic Machines and Systems Group plc

Russia AGM 12/06/13

E.On Russia Russia AGM 13/06/13 B - Voted against in line with ISS recommendation. Voted rejected due to pooled custodian account.

Oao Tatneft Russia AGM 13/06/13 B - Voted against in line with ISS recommendation.

Gazprom Oao Russia AGM 17/06/13 B, E - Voted against in line with ISS recommendation.

Subsea 7 Norway AGM 17/06/13

Megafon Russia AGM 18/06/13 B - Voted against in line with ISS recommendation.

Hellenic Telecommunications Organizations

Greece OGM 20/06/13 A, E, S, Approve terms of contract between Executive Director and company - Voted against in line with ISS recommendation.

Ford Otomotiv Sanayi Turkey EGM 25/06/13

Fiat Industrial Italy EGM 27/06/13

Tofas Turk Otomobil Fabrikasi Turkey EGM 27/06/13 D - Voted against in line with ISS recommendation.

Industria De Diseno Textil Spain AGM 11/07/13

Emlak Konut Gayrimenkul Yatrim Turkey EGM 20/08/13

Megafon Russia EGM 03/09/13

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



CIE Financiere Richemont SA Sw itzerland EGM 06/09/13 B, U - Voted against in line with ISS

recommendation.

Magnit JSC Russia EGM 11/09/13 Voted rejected due to pooled custodian account.

Oil Company Lukoil OJSC Russia EGM 11/09/13

Megafon Russia EGM 12/09/13

Mobile Telesystems Russia EGM 17/09/13 Voted rejected due to pooled custodian account.

Novatek OAO Russia EGM 14/10/13 Voted rejected due to pooled custodian account.

Novatek OAO ADR Russia Special 14/10/13

Megafon OJSC Russia EGM 18/10/13

Pernod-Ricard France MIX 29/10/13 H – Voted against in line with ISS

recommendation.

Bank of Cyprus Public Company Ltd Cyprus OGM 21/11/13

Aryzta AG Switzerland AGM 26/11/13

Jeronimo Martins Portugal EGM 04/12/13 B – Voted against in line with ISS recommendation.

Mining and Metallurgical Company

Norilsk Nickel JS

Russia EGM 04/12/13

Hellenic Telecommunications Organizations SA

Greece EGM 24/12/13

Koninklijke Ahold Netherlands EGM 07/01/14

Siemens AG Germany AGM 15/01/14

Komercni Banka A.S Czech

Republic

EGM 20/01/14

Megafon OJSC Russia EGM 23/01/14

Infineon Technologies AG Germany AGM 30/01/14

Telefonica Deutschland Holding AG Germany EGM 30/01/14 T - Voted against in line with ISS recommendation.

Eurocash S.A. Poland EGM 07/02/14

Aurubis AG, Hamburg Germany AGM 14/02/14

Moncler S.P.A Italy OGM 18/02/14 A x 2 – Voted against in line with ISS recommendation.

Novartis AG, Basel Switzerland AGM 19/02/14 E, Discharge of board, Elect compensation committee member x 3 – Voted in favour contrary to ISS recommendation to vote against. New management in place to eradicate former poor governance practices.

Megafon OJSC (ADR) Russia EGM 05/03/14

B x 11- Voted against in line with ISS recommendation.

Banco Bilbao Vizcaya Argentaria SA Spain AGM 10/03/14

Swedbank AB Sweden AGM 10/03/14 SP – P, Approve special investigation into previous chairman tenure/pension - Voted against in line with ISS recommendation.

Nordea Bank AB Sweden AGM 11/03/14

SP – R, Approve special audit - Voted against in line with ISS recommendation.

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Novo Nordisk A/S Denmark AGM 12/03/14 SP – Provide financial information in notice to convene AGM, Publish AGM reports and other documents in Danish and keep public for 5 years, Simplify access to documents available on company’s website, Require refreshments to be available during AGM - Voted against in line with ISS recommendation.

Bankinter Spain OGM 17/03/14 B, T - Voted against in line with ISS recommendation.

SKF AB Sweden AGM 17/03/14 A, B - Voted against in line with ISS recommendation.

Akbank T. A. S. Turkey OGM 24/03/14

Arcelik AS Turkey AGM 24/03/14 W, Amend corporate purpose - Voted against in line with ISS recommendation.

Banco Santander Spain OGM 24/03/14 B x 3 – Voted against in line with ISS recommendation.

Turkiye Sinai Kalkinma Bankasi A.S. Turkey OGM 24/03/14 B – Voted against in line with ISS recommendation.

Volvo AB Sweden AGM 24/03/14 E - Voted against in line with ISS recommendation.

Turkiye Halk Banksai A.S. Turkey OGM 26/03/14 B, Discharge of board - Voted against in line with ISS recommendation.

Tupras-Turkiye Petrol Rafineleri AS Turkey OGM 26/03/14 W - Voted against in line with ISS recommendation.

Randstad Holding NV Netherlands AGM 27/03/14

Jeronimo Martins SGPS SA Portugal AGM 28/03/14

Daimler AG Germany AGM 31/03/14

Telefon AB L.M. Ericsson Sweden AGM 31/03/14 A x 3, SP – D, R, Create shareholders association, Propose new legislation to government, Board representation for small midsize shareholders - Voted against in line with ISS recommendation.

Turkiye Garanti Banksi A.S. Turkey OGM 31/03/14

Eurocash S.A. Poland EGM 07/02/14

Aurubis AG, Hamburg Germany AGM 14/02/14

Moncler S.P.A Italy OGM 18/02/14 A x 2 – Voted against in line with ISS recommendation.

Novartis AG, Basel Switzerland AGM 19/02/14 E, Discharge of board, Elect compensation committee member x 3 – Voted in favour contrary to ISS recommendation to vote against. New management in place to eradicate former poor governance practices.

Megafon OJSC (ADR) Russia EGM 05/03/14

B x 11- Voted against in line with ISS recommendation.

Banco Bilbao Vizcaya Argentaria SA Spain AGM 10/03/14

Swedbank AB Sweden AGM 10/03/14 SP – P, Approve special investigation into previous chairman tenure/pension - Voted against in line with ISS recommendation.

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Nordea Bank AB Sweden AGM 11/03/14

SP – R, Approve special audit - Voted against in line with ISS recommendation.

Novo Nordisk A/S Denmark AGM 12/03/14 SP – Provide financial information in notice to convene AGM, Publish AGM reports and other documents in Danish and keep public for 5 years, Simplify access to documents available on company’s website, Require refreshments to be available during AGM - Voted against in line with ISS recommendation.

Bankinter Spain OGM 17/03/14 B, T - Voted against in line with ISS recommendation.

SKF AB Sweden AGM 17/03/14 A, B - Voted against in line with ISS recommendation.

Akbank T. A. S. Turkey OGM 24/03/14

Arcelik AS Turkey AGM 24/03/14 W, Amend corporate purpose - Voted against in line with ISS recommendation.

Banco Santander Spain OGM 24/03/14 B x 3 – Voted against in line with ISS recommendation.

Turkiye Sinai Kalkinma Bankasi A.S. Turkey OGM 24/03/14 B – Voted against in line with ISS recommendation.

Volvo AB Sweden AGM 24/03/14 E - Voted against in line with ISS recommendation.

Turkiye Halk Banksai A.S. Turkey OGM 26/03/14 B, Discharge of board - Voted against in line with ISS recommendation.

Tupras-Turkiye Petrol Rafineleri AS Turkey OGM 26/03/14 W - Voted against in line with ISS recommendation.

Randstad Holding NV Netherlands AGM 27/03/14

Jeronimo Martins SGPS SA Portugal AGM 28/03/14

Daimler AG Germany AGM 31/03/14

Telefon AB L.M. Ericsson Sweden AGM 31/03/14 A x 3, SP – D, R, Create shareholders association, Propose new legislation to government, Board representation for small midsize shareholders - Voted against in line with ISS recommendation.

Turkiye Garanti Banksi A.S. Turkey OGM 31/03/14

JAPAN

A Stock Option Plan

B Director Election



E Remuneration Plan

F Share Issuance

G Bond Issuance

H Share Repurchase

I Appointment of Statutory Auditor

J Other business


L Amend Bylaws


N Retirement bonus

O Dividend Approval

P Approve AGM bonus payment

Q Environmental and Social Issue

R Reduction in capital reserves

S Approve allocation of income and dividends

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



J.Front Retailing Co Japan AGM 17/05/13

Ryohin Keikaku Co Japan AGM 20/05/13

Seven & I Holdings Japan AGM 21/05/13

Keyence Corporation Japan AGM 03/06/13 B x 2, S – Voted against in line with ISS recommendation.

Mori Seiki Co Japan AGM 07/06/13 B – Voted in favour contrary to ISS recommendation to vote against. Director considered operationally significant.

Denso Corporation Japan AGM 10/06/13 B – Voted in favour contrary to ISS recommendation to vote against. Director considered operationally significant.

East Japan Railway Company Japan AGM 10/06/13 I, SP – D, Q x 10 - Voted against in line with ISS recommendation. SP – D x 2 - Voted in favour, in line with ISS contrary to management.

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Enplas Corporation Japan AGM 10/06/13 B – Voted in favour contrary to ISS recommendation to vote against. Director considered operationally significant. I - Voted against in line with ISS recommendation.

H2O Retailing Corporation Japan AGM 10/06/13 I - Voted against in line with ISS recommendation.

Hikari Tsushin Inc Japan AGM 10/06/13 B – Voted in favour contrary to ISS recommendation to vote against. Director considered operationally significant. B, I - Voted against in line with ISS recommendation.

Hino Motors Ltd Japan AGM 10/06/13 B – Voted in favour contrary to ISS recommendation to vote against. Director considered operationally significant.

Hitachi Ltd Japan AGM 10/06/13 B - Voted against in line with ISS recommendation.

Jafco Co Japan AGM 10/06/13 B – Voted in favour contrary to ISS recommendation to vote against. Director considered operationally significant. I - Voted against in line with ISS recommendation.

Japan Tobacco Inc Japan AGM 10/06/13 S - Voted in favour contrary to ISS recommendation to vote against. SP – H, S – Voted against contrary to ISS recommendation to vote in favour. The company should have a flexible shareholder return strategy and they have already stated that they will continue to improve this. SP – D, Cancel treasury stock -Voted in favour, in line with ISS contrary to management.

JFE Holdings Japan AGM 10/06/13 M -Voted against in line with ISS recommendation.

Keisei Electric Railway Co Japan AGM 10/06/13 B – Voted in favour contrary to ISS recommendation to vote against. Director considered operationally significant. B, I, M -Voted against in line with ISS recommendation.

Komatsu Japan AGM 10/06/13 I - Voted in favour contrary to ISS recommendation to vote against. Due to the candidate’s experience.

Nippon Chemi-Con Corporation Japan AGM 10/06/13 B – Voted in favour contrary to ISS recommendation to vote against. Director considered operationally significant.

Softbank Corp Japan AGM 10/06/13 I - Voted against in line with ISS recommendation.

Sony Corporation Japan AGM 10/06/13 B -Voted against in line with ISS recommendation.

Sumitomo Realty and Development Co Japan AGM 10/06/13 B – Voted in favour contrary to ISS recommendation to vote against. Director considered operationally significant. B, I x 2, M -Voted against in line with ISS recommendation.

Tobu Railway Co Japan AGM 10/06/13 B -Voted against in line with ISS recommendation.

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Unicharm Corporation Japan AGM 10/06/13 B – Voted in favour contrary to ISS recommendation to vote against. Director considered operationally significant. B -Voted against in line with ISS recommendation.

United Arrows Ltd Japan AGM 10/06/13 I -Voted against in line with ISS recommendation.

Yahoo Japan Corporation Japan AGM 10/06/13 B x 2 – Voted in favour contrary to ISS recommendation to vote against. Director considered operationally significant. I -Voted against in line with ISS recommendation.

Hankyu Hanshin Holdings Japan AGM 12/06/13

Toyota Motor Corporation Japan AGM 12/06/13

Daicel Corporation Japan AGM 13/06/13

THK Co Japan AGM 13/06/13

TS Tech Co Japan AGM 13/06/13

Seven Bank Ltd Japan AGM 16/06/13

Astellas Pharma Inc Japan AGM 17/06/13

Honda Motor Co Japan AGM 17/06/13

The Bank of Yokohama Japan AGM 17/06/13

Internet Initiative Japan Inc Japan AGM 18/06/13 N - Voted in favour contrary to ISS recommendation to vote against. After company engagement amount was considered appropriate.

NSD Co Ltd Japan AGM 18/06/13

Central Japan Railway Company Japan AGM 19/06/13

Daiichi Sankyo Company Japan AGM 19/06/13

Fuji Heavy Industries Ltd Japan AGM 19/06/13

Kubota Corporation Japan AGM 19/06/13

Mitsubishi Corporation Japan AGM 19/06/13

Mitsui & Co Japan AGM 19/06/13

Nitto Denko Corporation Japan AGM 19/06/13

Nomura Research Institute Japan AGM 19/06/13

Ricoh Company Ltd Japan AGM 19/06/13

Rohto Pharnaceutical Co Japan AGM 19/06/13

Shin-Etsu Chemical Co Japan AGM 19/06/13 B, I, M -Voted against in line with ISS recommendation.

Sysmex Corporation Japan AGM 19/06/13

West Japan Railway Company Japan AGM 19/06/13

Fujitsu Ltd Japan AGM 20/06/13

Mazda Motor Corporation Japan AGM 20/06/13 I - Voted against in line with ISS recommendation.

Mitsubishi Gas Chemical Company Inc Japan AGM 20/06/13 I - Voted against in line with ISS recommendation.

Mizuho Financial Group Inc Japan AGM 20/06/13 SP – D x 5, Q- Voted against in line with ISS recommendation. SP – D x 3 - Voted in favour, in line with ISS contrary to management.

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



NKSJ Holdings Inc Japan AGM 20/06/13

Seiko Epson Corporation Japan AGM 20/06/13

The Dai-Ichi Life Insurance Company Japan AGM 20/06/13 A - Voted against in line with ISS recommendation.

Tokio Marine Holdings Japan AGM 20/06/13

Toshiba Corporation Japan AGM 20/06/13

Toyota Tsusho Corporation Japan AGM 20/06/13 B – Voted in favour contrary to ISS recommendation to vote against. Director considered operationally significant. B -Voted against in line with ISS recommendation.

Electric Power Development Co Japan AGM 23/06/13

Mitsubishi Chemical Holdings Corporation

Japan AGM 23/06/13

Nippon Telegraph and Telephone Corporation

Japan AGM 23/06/13

Nissan Motor Co Japan AGM 23/06/13

Orix Corporation Japan AGM 23/06/13

Sawai Pharmaceutical Co Japan AGM 23/06/13

Suruga Bank Ltd Japan AGM 23/06/13

Anritsu Corporation Japan AGM 24/06/13

Daiwa Securities Group Inc Japan AGM 24/06/13 B - Voted against in line with ISS recommendation.

JX Holdings Inc Japan AGM 24/06/13

Kawasaki Heavy Industries Japan AGM 24/06/13 I - Voted against in line with ISS recommendation.

Kyocera Corporation Japan AGM 24/06/13

Kyushu Electric Power Company Japan AGM 24/06/13 SP – D, Q x 6 - Voted against in line with ISS recommendation.

Mitsubishi Heavy Industries Japan AGM 24/06/13 I - Voted against in line with ISS recommendation.

Ms&Ad Insurance Group Holdings Japan AGM 24/06/13

Nomura Holdings Inc Japan AGM 24/06/13 B - Voted against in line with ISS recommendation.

Panasonic Corporation Japan AGM 24/06/13

Shikoku Electric Power Company Japan AGM 24/06/13 Q x 3 - Voted against in line with ISS recommendation.

Sumitomo Electric Industries Japan AGM 24/06/13 I -Voted against in line with ISS recommendation.

T&D Holdings Inc Japan AGM 24/06/13

Takeda Pharmaceutical Company Ltd Japan AGM 24/06/13 I -Voted against in line with ISS recommendation.

Terumo Corporation Japan AGM 24/06/13

The Kansei Electric Power Company Japan AGM 24/06/13 B - SP – D x 3, Q x 20 -Voted against in line with ISS recommendation. SP – B, D x 3, Q - Voted in favour, in line with ISS contrary to management.

Tokyu Land Corporation Japan AGM 24/06/13 B – Voted in favour contrary to ISS recommendation to vote against. Director considered operationally significant. B -Voted against in line with ISS recommendation.

Toray Industries Inc Japan AGM 24/06/13

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Amada Co Japan AGM 25/06/13 B – Voted against in line with ISS recommendation.

Asahi Kasei Corporation Japan AGM 25/06/13 I x 2 - Voted against in line with ISS recommendation.

Daikin Industries Japan AGM 25/06/13

Daiwa House Industry Co Japan AGM 25/06/13 I x 2 - Voted against in line with ISS recommendation.

Fanuc Corporation Japan AGM 25/06/13

Fukuoka Financial Group Inc Japan AGM 25/06/13

IHI Corporation Japan AGM 25/06/13 I - Voted against in line with ISS recommendation.

Isuzu Motors Ltd Japan AGM 25/06/13 I x 3 - Voted against in line with ISS recommendation.

Mitsubishi Electric Corporation Japan AGM 25/06/13 B x 4 - Voted against in line with ISS recommendation.

Mitsubishi Estate Company Japan AGM 25/06/13 M - Voted against in line with ISS recommendation.

Mitsubishi Materials Corporation Japan AGM 25/06/13 M - Voted against in line with ISS recommendation.

Mitsubishi Ufj Financial Group Inc Japan AGM 25/06/13 I - Voted against in line with ISS recommendation.

Mitsui Fudosan Co Japan AGM 25/06/13

Murata Manufacturing Company Japan AGM 25/06/13

Osaka Gas Co Japan AGM 25/06/13

Rinnai Corporation Japan AGM 25/06/13 B x 2 - Voted against in line with ISS recommendation.

Sumitomo Mitsui Financial Group Japan AGM 25/06/13 I x 2 -Voted against in line with ISS recommendation.

Sumitomo Mitsui Trust Holdings Japan AGM 25/06/13 I -Voted against in line with ISS recommendation.

Suzuki Motor Corporation Japan AGM 25/06/13 B -Voted against in line with ISS recommendation.

The Chiba Bank Japan AGM 25/06/13

Tokyo Gas Co Japan AGM 25/06/13 I -Voted against in line with ISS recommendation.

Tsumera & Co Japan AGM 25/06/13

Don Quijote Co Japan AGM 24/08/13 N - Voted against in line with ISS recommendation.

Fast Retailing Ltd Japan AGM 13/11/13

Don Quijote Co Ltd Japan EGM 27/11/13

OSG Corporation Japan AGM 22/02/14 I x 2– Voted against in line with ISS recommendation.

Chugai Pharmaceutical Co Ltd Japan AGM 19/03/14 B – Voted against in line with ISS recommendation. B – Voted in favour, contrary to ISS recommendation to vote against. Deemed operationally significant.

Bridgestone Corporation Japan AGM 21/03/14

Pola Orbis Holdings Inc Japan AGM 25/03/14 I – Voted against in line with ISS recommendation. B – Voted in favour, contrary to ISS recommendation to vote against. Deemed operationally significant.

Canon Inc Japan AGM 26/03/14 I – Voted against in line with ISS recommendation.

Kao Corporation Japan AGM 26/03/14 I – Voted in favour, contrary to ISS recommendation to vote against. Auditor deemed independent following company engagement.

Horiba Japan AGM 27/03/14

LATIN AMERICA

A Stock Option Plan

B Director Election



E Remuneration Plan

F Share Issuance

G Bond Issuance

H Share Repurchase

I Elect committee member

J Other business


L Amend Bylaws


N Severance payment

O Increase/ decrease in authorised capital

P Approve allocation of income and dividends

Q Authorise board to ratify, execute and approve resolutions

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Grupo Bimbo Mexico AGM 25/03/13 B, E, I - Voted against in line with ISS recommendation.

Credicorp Mexico AGM 25/03/13

BRF Brasil Foods Brazil EGM 01/04/13

BRF Brasil Foods Brazil AGM 01/04/13

Natura Cosmeticos Brazil AGM 04/04/13 E - Voted against in line with ISS recommendation.

Natura Cosmeticos Brazil EGM 04/04/13

Industrias Penoldes Mexico AGM 04/04/13 B, I - Voted against in line with ISS recommendation.

BM&F Bovespa Brazil EGM 08/04/13

BM&F Bovespa Brazil AGM 08/04/13

Tim Participacoes Brazil AGM 08/04/13 B, E - Voted against in line with ISS recommendation.

Tractebel Energia Brazil AGM 09/04/13 B, E - Voted against in line with ISS recommendation.

Vale Brazil EGM 09/04/13

Vale Brazil AGM 09/04/13 E - Voted against in line with ISS recommendation.

Empresa Nacional De Electricidad Chile AGM 09/04/13 J - Voted against in line with ISS recommendation.

CCR Brazil AGM 10/04/13 B, E - Voted against in line with ISS recommendation.

Gerdau Brazil AGM 10/04/13 B, E - Voted against in line with ISS recommendation.

Hypermarcas Brazil EGM 10/04/13 D - Voted against in line with ISS recommendation

Lojas Renner Brazil AGM 10/04/13

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Arca Continental Mexico AGM 10/04/13 B, E, I - Voted against in line with ISS recommendation.

Companhia De Sneamento Brazil AGM 11/04/13 B, E - Voted against in line with ISS recommendation.

Duratex Brazil AGM 11/04/13 E - Voted against in line with ISS recommendation.

Itau Unibanco holding Brazil AGM 12/04/13

Companhia De Saneamento Brazil EGM 15/04/13

Duratex Brazil EGM 15/04/13

America Movil Mexico AGM 16/04/13 B, Q - Voted against in line with ISS recommendation.

Banco Do Brasil Brazil AGM 17/04/13 B - Voted against in line with ISS recommendation.

Cielo Brazil AGM 17/04/13 E - Voted against in line with ISS recommendation.

Embraer Brazil AGM 17/04/13 E - Voted against in line with ISS recommendation.

Embotelladora Andina Chile OGM 17/04/13 B, J - Voted against in line with ISS recommendation.

Empresas COPEC Chile OGM 17/04/13 J - Voted against in line with ISS recommendation.

Sociedad Quimca Chile OGM 17/04/13 E, J - Voted against in line with ISS recommendation.

Embraer Brazil EGM 18/04/13

Ogx Petroleo Gas Participacoes Brazil AGM 18/04/13 E - Voted against in line with ISS recommendation.

Empresas CMPC Chile OGM 18/04/13 J - Voted against in line with ISS recommendation.

Mexichem Mexico AGM 18/04/13 B, L - Voted against in line with ISS recommendation.

Cielo Brazil EGM 19/04/13

Localiza Rent A Car Brazil EGM 19/04/13

Localiza Rent A Car Brazil AGM 19/04/13

Petroleo Brasileiro Brazil AGM 22/04/13

Petroleo Brasileiro Brazil EGM 22/04/13

Raia Drogasil Brazil AGM 22/04/13

Raia Drogasil Brazil EGM 22/04/13

Br Malls Participacoes Brazil EGM 23/04/13

Br Malls Participacoes Brazil AGM 23/04/13

Cia Energetica Brazil AGM 23/04/13

Hypermarcas Brazil AGM 23/04/13 B, E - Voted against in line with ISS recommendation.

Itausa Investimentos Brazil AGM 23/04/13

Lojas Americanas Brazil AGM 23/04/13

MRV Engenharia Participacoes Brazil AGM 23/04/13

MRV Engenharia Participacoes Brazil EGM 23/04/13

Cencosud Chile OGM 23/04/13 E, J - Voted against in line with ISS recommendation.

Latam Airlines Chile OGM 23/04/13 J - Voted against in line with ISS recommendation.

Grupo Financiero Banorte Mexico EGM 23/04/13

Grupo Financiero Banorte Mexico AGM 23/04/13

Companhia De Bebidas Das Americas Brazil Special 24/04/13

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Grupo Mexico Mexico AGM 24/04/13 B - Voted against in line with ISS recommendation.

Saci Falabella Chile OGM 25/04/13 J - Voted against in line with ISS recommendation.

Ultrapar Participa Brazil AGM 21/05/13

Latam Airlines Group Chile EGM 06/06/13

Compania Cerveverias Unidas Mexico Special 13/06/13 D - Voted against in line with ISS recommendation.

Grupo Financiero Banorte Mexico EGM 28/06/13

Cia De Bebidas Das Americas-Ambev Brazil EGM 22/07/13

Cosan Sa Industria E Comercio Brazil AGM 24/07/13 E - Voted against in line with ISS recommendation.

Cosan Sa Industria E Comercio Brazil EGM 24/07/13

Companhia De Bebidas Das Americas-Ambev

Brazil Special 25/07/13

Companhia De Bebidas Das Americas-Ambev

Brazil Special 25/07/13

Localiza Rent a Car Brazil EGM 25/07/13 Q, Approve independent firm to appraise proposed transaction, Approve acquisition - Voted against in line with ISS recommendation.

Grupo Financiero Santander Mexico OGM 13/08/13

Saci Falabella Chile EGM 21/08/13 H - Voted against in line with ISS recommendation.

Cetip SA – Mercado Organizados Brazil EGM 16/09/13

Banco De Credito E Inversiones Chile EGM 23/09/13

MRV Engenharia Participacoes Brazil EGM 07/10/13 A – Voted against in line with ISS recommendation.

Grupo Financiero Banorte Mexico OGM 09/10/13

Blakeney Investors Fund AGM 17/10/13 J - Voted against in line with ISS recommendation.

Mexichem SA Mexico EGM 06/11/13 Approve merger - Voted against in line with ISS recommendation.

Grupo Bimbo Mexico OGM 18/11/13

CETIP SA Mercados Organizados Brazil EGM 19/11/13

BB Seguridade Participacoes Brazil EGM 26/11/13 B x 3, I – Voted against in line with ISS recommendation.

Advance Frontier Markets Fund Ltd Fund AGM 26/11/13

Alfa Sab Mexico OGM 26/11/13

Banco Santander Chile Chile EGM 02/12/13

Tim Participacoes SA Brazil Special 04/12/13

Fomento Economico Mexicano Mexico AGM 04/12/13

Grupo Televisa, S.A.B. Mexico AGM 04/12/13 Approve granting powers – Voted against in line with ISS recommendation.

Arca Continental SAB DE CV Mexico OGM 06/12/13

Petroleo Brasileiro Brazil EGM 09/12/13

Cosan SA Industria E Comercio Brazil EGM 10/12/13

Banco Do Brasil SA Brazil EGM 13/12/13 E – Voted against in line with ISS recommendation.

Grupo Financiero Banorte Mexico OGM 17/12/13

Hypermarcas SA Brazil EGM 18/12/13

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Ambev SA Brazil EGM 20/12/13

Ambev SA Brazil Special 24/12/13

Ecopetrol SA Columbia EGM 20/01/14

Ultrapar Participacoes SA Brazil EGM 24/01/14

Klabin SA Brazil Special 07/02/14 P – Voted in favour contrary to ISS recommendation to vote against. Vote error.

Klabin SA Brazil EGM 07/02/14 G, E – Vote against in line with ISS recommendation.

Coca-Cola Femsa SAB DE CV Mexico AGM 19/02/14

Banco Bradesco Brazil EGM 26/02/14

Banco Bradesco Brazil AGM 06/03/14

E – Voted against in line with ISS recommendation.

Fomento Economico Mexicano Mexico AGM 10/03/14

Corpbanca Chile OGM 10/03/14 I – Voted against in line with ISS recommendation.

CIA Souza Cruz Industria E Commercio Cruz

Brazil AGM 11/03/14

CIA Souza Cruz Industria E Commercio Cruz

Brazil EGM 11/03/14

Bancolombia SA Columbia AGM 12/03/14 B, J, Approve donations – Voted against in line with ISS recommendation.

Klabin SA Brazil AGM 12/03/14

Klabin SA Preference shares Brazil AGM 12/03/14

Klabin SA Brazil EGM 12/03/14

Wal-Mart De Mexico SA Mexico AGM 13/03/14

Cemex SAB De CV Mexico EGM 13/03/14 I, L – Voted against in line with ISS recommendation.

Almacenes Exito SA Columbia OGM 14/03/14 B, J, Approve donations – Voted against in line with ISS recommendation.

BM&F Bovespa SA Bolsa De Valores Brazil AGM 17/03/14

Cemex SA Mexico AGM 17/03/14 B, E, Extend corporate purpose – Voted against in line with ISS recommendation.

Cementos Argos SA Columbia OGM 17/03/14 B, J, L, Approve Donations – Voted against in line with ISS recommendation.

MRV Engenharia Participacoes SA Brazil EGM 19/03/14

Banco De Credito E Inversiones SA Chile EGM 20/03/14 A, L– Voted against in line with ISS recommendation.

Banco De Credito E Inversiones SA Chile OGM 20/03/14 J – Voted against in line with ISS recommendation.

Ecopetrol S.A. Columbia OGM 20/03/14

Cielo Brazil AGM 21/03/14 B, E - Voted against in line with ISS recommendation.

Cielo Brazil EGM 21/03/14

Banco De Chile Chile OGM 21/03/14 B – Voted against in line with ISS recommendation.

Banco De Chile Chile EGM 24/03/14

Aberdeen Chile Fund Inc Chile AGM 26/03/14

BRF SA Brazil AGM 26/03/14

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Petroleo Brasileiro SA Brazil AGM 26/03/14 B – Voted against in line with ISS recommendation.

Petroleo Brasileiro SA Brazil EGM 26/03/14

BRF SA Brazil EGM 26/03/14 A - Voted against in line with ISS recommendation.

Credicorp Ltd Peru AGM 27/03/14

Tractebel Energia SA Brazil AGM 31/03/14 B – Voted against in line with ISS recommendation.

BM&F Bovespa SA Bolsa De Valores Brazil EGM 31/03/14 A – Voted against in line with ISS recommendation.

Deutsche Bank Mexico Sa Mexico Special 31/03/14 A, Approve modifications of serving advisory contract– Voted against in line with ISS recommendation.

SOUTH AFRICA

A Stock option plan

B Director election

C Share issuance without pre-emptive rights


E Remuneration

F Share Issuance

G Other Business

H Place authorised but unissued shares in control of directors

I Approve consultation fee

J Elect member of committee

K Approve dividend

L Share repurchase

M Adopt memorandum of incorporation

N Approve financial assistance to related companies

O Approve auditor

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Anglo American Platinum Ltd South Africa AGM 19/04/13

Absa Group South Africa AGM 24/04/13 L - Voted against in line with ISS recommendation.

Nedbank Group South Africa AGM 24/04/13

Mondi Ltd South Africa AGM 25/04/13

Nedbank Group South Africa OGM 26/04/13 B x 2, E, N - Voted against in line with ISS recommendation.

Impala Platinum Holdings South Africa OGM 01/05/13

Gold Fields South Africa AGM 02/05/13

Anglogold Ashanti South Africa AGM 03/05/13

Sibanye Gold Ltd South Africa AGM 06/05/13

Massmart holdings South Africa AGM 15/05/13 A, B x 3 - Voted against in line with ISS recommendation.

Exxaro Resources Ltd South Africa AGM 17/05/13 B - Voted against in line with ISS recommendation.

Aeci Holdings South Africa AGM 20/05/13 Approve ad hoc service fee – Voted against in line with ISS recommendation.

MTN Group South Africa AGM 21/05/13

Standard Bank Group South Africa AGM 23/05/13 H X 2 - Voted against in line with ISS recommendation.

Sanlam Ltd South Africa AGM 29/05/13

Growthpoint Properties Ltd South Africa OGM 21/06/13 M - Voted against in line with ISS recommendation.

Investec Bank Ltd South Africa OGM 02/07/13


Vodacom Group Ltd South Africa AGM 11/07/13 B - Voted against in line with ISS recommendation.

Mediclinic International Ltd South Africa AGM 18/07/13

Tongaat Hulett Ltd South Africa AGM 24/07/13

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Investec Bank Ltd South Africa AGM 01/08/13 B x 5 - Voted against in line with ISS recommendation.


Aspen Pharmacare Holdings Plc South Africa OGM 12/08/13

MR. Price Group Limited South Africa AGM 14/08/13

Naspers Ltd South Africa AGM 23/08/13 E, F, H, I x 2 - Voted against in line with ISS recommendation.

Growthpoint Properties Ltd South Africa OGM 08/10/13

Imperial Holdings Ltd South Africa OGM 14/10/13

Shoprite Holdings South Africa AGM 23/10/13 E – Voted against in line with ISS recommendation.

AVI Ltd South Africa AGM 24/10/13 E – Voted against in line with ISS recommendation.

Aveng Ltd South Africa AGM 25/10/13

Sibanye Gold Ltd South Africa OGM 29/10/13

Murray & Roberts Holdings Ltd South Africa AGM 30/10/13

Murray & Roberts Holdings Ltd South Africa OGM 30/10/13

Northam Platinum Ltd South Africa AGM 30/10/13 E - Voted in favour contrary to ISS recommendation to vote against. Vote error.

Truworths International Ltd South Africa AGM 31/10/13

Aspen Pharmcare Holdings Plc South Africa OGM 01/11/13

Imperial Holdings South Africa AGM 01/11/13

Growthpoint Properties Ltd South Africa AGM 06/11/13

Wilson Bayly Holmes South Africa AGM 06/11/13 A – Voted against in line with ISS recommendation. E - Voted in favour contrary to ISS recommendation to vote against. Vote error.

Bidvest Group Ltd South Africa AGM 15/11/13 B – Voted against in line with ISS recommendation.

RMB Holdings Ltd South Africa AGM 15/11/13 A, B x 6, E, F, J – Voted against in line with ISS recommendation.

Sasol Ltd South Africa AGM 15/11/13

Woolworths Holdings Ltd South Africa AGM 15/11/13 E – Voted against in line with ISS recommendation.

MMI Holdings Ltd South Africa AGM 20/11/13

Discovery Ltd South Africa AGM 26/11/13 B x 2, E - Voted in favour contrary to ISS recommendation to vote against. Vote error.

Firstrand Ltd South Africa AGM 26/11/13

Harmony Gold Mining Co Ltd South Africa AGM 26/11/13 E – Voted against in line with ISS recommendation.

African Rainbow Minerals Ltd South Africa AGM 27/11/13 A, O - Voted against in line with ISS recommendation.

Aspen Pharmacare Holdings Plc South Africa AGM 27/11/13

Remgro Ltd South Africa AGM 29/11/13

PPC Ltd South Africa AGM 20/01/14 E – Voted against in line with ISS recommendation.

Barloworld Ltd South Africa AGM 22/01/14

Nampak South Africa AGM 22/01/14

Clicks Group Ltd South Africa AGM 23/01/14

Life Healthcare Group Holdings Ltd South Africa AGM 23/01/14 E, H - Voted in favour contrary to ISS recommendation to vote against. Vote error.

Sappi Ltd South Africa AGM 29/01/14

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Tiger Brands Ltd South Africa AGM 03/02/14 N – Vote against in line with ISS recommendation.

PPC Ltd South Africa OGM 10/03/14

Standard Bank Group Ltd South Africa OGM 21/03/14

Anglo American Platinum Ltd South Africa AGM 26/03/14 E – Voted against in line with ISS recommendation.

NORTH AMERICA

A Stock option plan

B Director election

C Any other business

D Advisory vote approving Executive compensation

E Shareholder proposal – Reduce supermajority vote requirement

F Shareholder proposal – Amending bylaws to call special meetings

G Shareholder proposal – Require independent board chairman

H Shareholder proposal – Approve / Adopt a recapitalisation plan

I Shareholder proposal – Executive compensation and disclosure

J Shareholder proposal – Declassify board of directors

K Shareholder proposal – Provide for cumulative voting

L Shareholder proposal – Exclude pension’s credits from calculations of performance based pay

M Shareholder proposal – Require audit committee review

N Shareholder proposal – Provide right to act by written consent

O Shareholder proposal – Report on pay disparity

P Shareholder proposal – Require majority vote for elections

Q Shareholder proposal – Political proposals (disclosure, contributions, lobbying, stance)

R Shareholder proposal – Environmental and Social Issue

S Shareholder proposal – Establish separate risk management committee

T Shareholder proposal – Amend articles of association

U Shareholder Proposal – Adopt proxy access right

V Shareholder Proposal – Pension plan proposals (amendments, disclosure, equitable treatment)

W Shareholder Proposal – Require more director nominations that open seats

X Shareholder Proposal – Publish summary of AGM meetings and questions raised

Y Shareholder Proposal – Stock Retention/ Holding period

Z Shareholder Proposal – Limit multiple board service

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



The Bank of Nova Scotia CA AGM 05/04/13 I, V x 2 - Voted against in line with ISS recommendation.

Schlumberger Limited US AGM 09/04/13

U.S Bancorp US AGM 11/04/13 G - Voted against in line with ISS recommendation.

Cytec Industries Inc US AGM 16/04/13

Ebay Inc US AGM 16/04/13 D, R - Voted against in line with ISS recommendation. Q - Voted in favour, in line with ISS contrary to management.

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



PPG Industries Inc US AGM 16/04/13 E - Voted in favour, in line with ISS contrary to management.

Canadian National Rail Company CA AGM 17/04/13

Cenovus Energy Inc CA AGM 17/04/13

Honeywell International Inc US AGM 17/04/13 G, I, N - Voted in favour, in line with ISS contrary to management.

Barrick Gold Corporation CA AGM 18/04/13 D - Voted against in line with ISS recommendation.

Wells Fargo & Company US AGM 18/04/13 G, Q - Voted against in line with ISS recommendation. R - Voted in favour, in line with ISS contrary to management.

Citigroup Inc US AGM 23/04/13 SP -Amend indemnifications provisions - Voted against in line with ISS recommendation. Q, Y - Voted in favour, in line with ISS contrary to management.

Eaton Corporation US AGM 23/04/13

General Electric Company US AGM 23/04/13 G, N, W, SP - Establish term limits for directors - Voted against in line with ISS recommendation. Y - Voted in favour, in line with ISS contrary to management.

Jonson & Johnson US AGM 23/04/13 G, Q - Voted against in line with ISS recommendation. Y - Voted in favour, in line with ISS contrary to management.

Pfizer US AGM 23/04/13 N, Y - Voted in favour, in line with ISS contrary to management.

The Coca-Cola Company US AGM 23/04/13

B – Voted in favour contrary to ISS recommendation to vote against. CEO serves on multiple boards, whilst not ideal contribution is considered to be valuable. D - Voted against in line with ISS recommendation. R – Voted in favour contrary to ISS recommendation to vote against. Vote Error.

Transcanada Corp Canada AGM 23/04/13

AT & T Inc US AGM 24/04/13 G - Voted against in line with ISS recommendation. I, Q, R - Voted in favour, in line with ISS contrary to management.

Oceaneering International US AGM 24/04/13

Goldcorp Inc CA AGM 25/04/13

International Business Machines Corp US AGM 25/04/13 G, N, Q, Y - Voted in favour, in line with ISS contrary to management.

Pentair Ltd US AGM 25/04/13 D - Voted against in line with ISS recommendation.

Suncor Energy Inc US AGM 25/04/13

Canadian Natural Resources Limited CA AGM 26/04/13 D - Voted against in line with ISS recommendation.

Packaging Corporation of America US AGM 26/04/13

Pepsi Co US AGM 26/04/13

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Yamaa Gold Inc Canada AGM 26/04/13

Cabot Oil & Gas Corp US AGM 29/04/13 I - Voted in favour, in line with ISS contrary to management.

EOG Resources Inc US AGM 29/04/13

Kansas City Southern US AGM 29/04/13 J - Voted in favour, in line with ISS contrary to management.

Verizon Communications Inc US AGM 29/04/13 F, N, Q, U, SP – Commit to wireless network neutrality, Submit change in control to shareholder vote - Voted in favour, in line with ISS contrary to management.

Kimberly-Clark Corp US AGM 01/05/13

Eli Lilly and Company US AGM 02/05/13

Enbridge Inc Canada AGM 02/05/13

Sun Life Financial Canada AGM 02/05/13

Hubbell Incorporated US AGM 03/05/13

O’Reilly Automotive Inc US AGM 03/05/13

Masco Corp US AGM 06/05/13

Telus Corp Canada AGM & Special

06/05/13

Bank of America Corp US AGM 07/05/13 Q, U, X - Voted against in line with ISS recommendation. Q, R - Voted in favour, in line with ISS contrary to management.

BCE Inc Canada AGM 07/05/13 I x 2, R x 2, S - Voted in favour, in line with ISS contrary to management.

Gilead Sciences Inc US AGM 07/05/13 G - Voted against in line with ISS recommendation. N - Voted in favour, in line with ISS contrary to management.

Magna International Inc Canada AGM 07/05/13

Mattel Inc US AGM 07/05/13 G - Voted against in line with ISS recommendation.

Philip Morris International Inc US AGM 07/05/13

United Rentals Inc US AGM 07/05/13

International Paper Company US AGM 08/05/13

American International Group US AGM 10/05/13 X - Voted against in line with ISS recommendation.

Comcast Corp US AGM 10/05/13 H, I- Voted in favour, in line with ISS contrary to management.

Halliburton Company US AGM 10/05/13 R - Voted in favour, in line with ISS contrary to management.

Nisource Inc US AGM 10/05/13 I - Voted against in line with ISS recommendation. N - Voted in favour, in line with ISS contrary to management.

Pinnacle West Capital Corp US AGM 10/05/13

Potash Corp of Saskatchewan Inc Canada AGM & Special

10/05/13

Qlik Technologies Inc US AGM 10/05/13

Verisk Analytics Inc US AGM 10/05/13

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Wyndham Worldwide Corp US AGM 10/05/13

Altria Group US AGM 15/05 /13 Q - Voted in favour, in line with ISS contrary to management.

Silver Wheaton Corp Canada AGM & Special

15/05/13

Union Pacific Corp US AGM 15/05/13 Q - Voted in favour, in line with ISS contrary to management.

JP Morgan Chase and Co US AGM 16/05/13 B x 3, Q, R, Y - Voted against in line with ISS recommendation. G - Voted in favour, in line with ISS contrary to management.

Macy’s Inc US AGM 16/05/13

Marsh & Mclennan Companies US AGM 16/05/13

Mondelez Intl US AGM 16/05/13 R - Voted against in line with ISS recommendation.

W.R Berkeley Corpoation US AGM 16/05/13 B x 5, I - Voted against in line with ISS recommendation.

Amazon.com US AGM 20/05/13 Q - Voted in favour, in line with ISS contrary to management.

Amgen Inc US AGM 20/05/13

Amphenol Corp US AGM 20/05/13 J - Voted in favour, in line with ISS contrary to management.

Flowers Foods US AGM 20/05/13

Netsuite Inc US AGM 20/05/13

Panera Bread Company US AGM 20/05/13

Range Resources Corp US AGM 20/05/13 R - Voted in favour, in line with ISS contrary to management.

The Home Depot Inc US AGM 20/05/13 R - Voted against in line with ISS recommendation. R - Voted in favour, in line with ISS contrary to management.

Thermo Fisher Scientific Inc US AGM 21/05/13

McDonalds Corp US AGM 22/05/13 O, R - Voted against in line with ISS recommendation. R, Y - Voted in favour, in line with ISS contrary to management.

Nextera Energy US AGM 22/05/13 R - Voted against in line with ISS recommendation.

Quanta Services US AGM 22/05/13

Tupperware Brands Corp US AGM 23/05/13 I - Voted against in line with ISS recommendation.

Dollar Central Corp US AGM 28/05/13

Exxon Mobil Corp US AGM 28/05/13 I, R x 2, Z - Voted against in line with ISS recommendation. G, P, Q, R x 2 - Voted in favour, in line with ISS contrary to management.

Google Inc US AGM 03/06/13 H, R, Y, Adopt policy on succession planning - Voted in favour, in line with ISS contrary to management.

Masco Corporation US AGM 03/06/13

Peyto Exploration & Development Corp Canada AGM 03/06/13

COMPANY

COUNTRY

MEETING

TYPE

DATE

VOTED



Wal-Mart Stores US AGM 04/06/13 B x 3 - Voted against in line with ISS recommendation. F, G, I, Y - Voted in favour, in line with ISS contrary to management.

Biogen Idec Inc US AGM 06/06/13 Y - Voted in favour, in line with ISS contrary to management.

Linkedin Corporation US AGM 06/06/13

Waste Connections Inc US AGM 07/06/13

Stratasys Ltd US AGM 20/06/13 B x 4, Increase authorised common stock and issued capital - Voted against in line with ISS recommendation.

The Kroger Co US AGM 26/06/13 I, R x 3 - Voted against in line with ISS recommendation.

Be Aerospace Inc US AGM 23/07/13

Precision Castparts Corp US AGM 12/08/13

Commault Systems Inc US AGM 20/08/13

Stratasys US Special 11/09/13

Ailmentation Couche-Tard Inc Canada AGM 20/09/13 G, I, P, R - Voted in favour, in line with ISS contrary to management. R, V, Separate vote for election of directors - Voted against in line with ISS recommendation.

NXP Semiconductor US Special 07/10/13

The Procter and Gamble Company US AGM 07/10/13

Cisco Systems Inc US AGM 18/11/13 U – Voted against in line with ISS recommendation.

Microsoft Corporation US AGM 18/11/13

Verizon Communications Inc US Special 27/01/14

Johnson Controls Inc US AGM 28/01/14

Visa Inc US AGM 28/01/14

TD Ameritrade Holding Corporation US AGM 11/02/14

Royal Bank of Canada Canada AGM 20/02/14 I, R, SP – Auditor Rotation, Provide Say-on-Pay vote results, Provide feedback on percentage of votes against a director - Voted against in line with ISS recommendation.

Apple Inc US AGM 26/02/14 R x 2, U, Increase capital repurchase program – Voted against in line with ISS recommendation.

TE Connectivity Ltd US AGM 27/02/14 B, Share repurchase, Adjourn meeting – Voted against in line with ISS recommendation.

Qualcomm Incorporated US AGM 03/03/14

The Walt Dsiney Company US AGM 17/03/14 I, U– Voted in favour, in line with ISS contrary to management.

Starbucks US AGM 17/03/14 Q - Voted against in line with ISS recommendation. G – Voted in favour, in line with ISS contrary to management.

The Toronto-Dominion Bank Canada AGM 31/03/14 I, R, V – Voted against in line with ISS recommendation.

Regeneron Pharmaceuticals Inc US AGM 07/06/14 B x 4, Increase authorised capital - Voted against in line with ISS recommendation.

Documents

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