Share Voting Activity Report 1 July 2015 to 31 March 2016 · Web viewTotals for Non-Salary Comp.: 468. 923. 791. 127. 1. 0. 0. 4. 0. 0. 801. 122. 921. 2. Table 5 –Preferred / Bondholder

Share Voting Activity 1 July 2015 to 31 March 2016

The Chief Minister, Treasury and Economic Development Directorate (CMTEDD) utilises the services of global proxy voting advisor, Institutional Shareholder Services (ISS) in relation to share voting for directly owned share investments. ISS provides research and voting recommendations on all company governance matters based on the ISS Sustainability Policy guidelines. The share voting services include the maintenance of a share voting database holding details of the share voting activity. This report provides details of the share voting activity for the period identified.

Publication Date: April 2016

Produced By: Asset Liability Management, Economic and Financial Group, Chief Minister, Treasury and Economic Development Directorate

Page | 1

Meeting-Level Statistical Issues Summary (SIS) ReportReport was run from: 7/1/15 to 3/31/16

Table 1 –Antitakeover Related

Action MeetingsProposal

sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d

DNV 1 YR 2 YRS 3 YRSWith

MgmtAgainst

MgmtWith

PolicyAgainst

Policy"Adopt,Renew or Amend Shareholder Rights Plan (Poison Pill)"

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Add Antitakeover Provision(s) 2 2 0 2 0 0 0 0 0 0 0 2 2 0

Adjourn Meeting 29 29 27 2 0 0 0 0 0 0 27 2 29 0

Amend Right to Call Special Meeting

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Authorize Share Issuance/Tender Offer/Share Exchange

1 1 0 1 0 0 0 0 0 0 0 1 1 0

Authorize the Company to Call EGM with Two Weeks Notice

27 27 27 0 0 0 0 0 0 0 27 0 27 0

Reduce Supermajority Vote Requirement

2 3 3 0 0 0 0 0 0 0 3 0 3 0

Renew Partial Takeover Provision 18 22 22 0 0 0 0 0 0 0 22 0 22 0

Require Advance Notice for Shareholder Proposals/Nominations

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Totals for Antitakeover Related:

80 87 82 5 0 0 0 0 0 0 82 5 87 0

Table 2 –Capitalization


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyAmend Articles/Charter Equity-Related

12 15 13 2 0 0 0 0 0 0 13 2 15 0

Amend Articles/Charter to Reflect Changes in Capital

2 4 3 1 0 0 0 0 0 0 3 1 4 0

Page | 2



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyApprove Cancellation of Capital Authorization

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Approve Capital Raising 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Approve Issuance of Equity with or without Preemptive Rights

9 9 8 1 0 0 0 0 0 0 8 1 9 0

Approve Issuance of Equity without Preemptive Rights

58 63 56 7 0 0 0 0 0 0 56 7 63 0

Approve Issuance of Shares for a Private Placement

7 7 6 1 0 0 0 0 0 0 6 1 7 0

Approve Issuance of Warrants/Bonds without Preemptive Rights

8 8 8 0 0 0 0 0 0 0 8 0 8 0

Approve Issuance of Warrants/Convertible Debentures

2 2 2 0 0 0 0 0 0 0 2 0 2 0

Approve Reduction in Share Capital 24 27 26 1 0 0 0 0 0 0 26 1 27 0

Approve Reduction/Cancellation of Share Premium Account

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Approve Reverse Stock Split 7 7 7 0 0 0 0 0 0 0 7 0 7 0

Approve Shares for Private Placement to Director/Executive

1 5 5 0 0 0 0 0 0 0 5 0 5 0

Approve Stock Split 2 2 2 0 0 0 0 0 0 0 2 0 2 0

Approve/Amend Conversion of Securities

4 4 4 0 0 0 0 0 0 0 4 0 4 0

Authorize Board to Increase Capital 2 2 2 0 0 0 0 0 0 0 2 0 2 0

Authorize Capital Increase for Future Share Exchange Offers

2 2 2 0 0 0 0 0 0 0 2 0 2 0

Authorize Capital Increase of up to 10 Percent

3 3 2 1 0 0 0 0 0 0 2 1 3 0

Authorize Directed Share Repurchase Program

2 2 1 1 0 0 0 0 0 0 1 1 2 0

Page | 3



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyAuthorize Issuance of Bonds/Debentures

3 3 3 0 0 0 0 0 0 0 3 0 3 0

Authorize Issuance of Equity (Subsidiary's Securities)

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Authorize Issuance of Equity with Preemptive Rights

40 41 41 0 0 0 0 0 0 0 41 0 41 0

Authorize Management Board to Set Issue Price for 10 Percent

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Authorize New Class of Preferred Stock

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Authorize Reissuance of Repurchased Shares

9 9 7 2 0 0 0 0 0 0 7 2 9 0

Authorize Share Repurchase Program

81 85 80 5 0 0 0 0 0 0 80 5 85 0

Authorize Share Repurchase Program/Cancellation of Shares

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Authorize Share Repurchase Program/Reissuance of Shares

5 5 5 0 0 0 0 0 0 0 5 0 5 0

Authorize a New Class of Common Stock

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Capitalize Reserves for Bonus Issue/Increase in Par Value

8 11 11 0 0 0 0 0 0 0 11 0 11 0

Company Specific - Equity Related 11 16 15 1 0 0 0 0 0 0 15 1 16 0

Eliminate Preemptive Rights 2 2 2 0 0 0 0 0 0 0 2 0 2 0

Increase Authorized Common Stock 7 7 7 0 0 0 0 0 0 0 7 0 7 0

Ratify Past Issuance of Shares 19 23 22 1 0 0 0 0 0 0 22 1 23 0

Totals for Capitalization: 157 372 348 24 0 0 0 0 0 0 348 24 372 0

Table 3 –Directors Related

Page | 4


Action Meetings ProposalsVotes

ForVotes

AgainstVotes

AbstainVotes

Withhold DNV1 YR 2 YRS 3 YRS With

MgmtAgainst

MgmtWith

PolicyAgainst

PolicyAdopt Majority Voting for Uncontested Election of Directors

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Amend Articles Board-Related 12 15 15 0 0 0 0 0 0 0 15 0 15 0

Appoint Alternate Internal Statutory Auditor(s)

13 13 12 1 0 0 0 0 0 0 12 1 13 0

Appoint Internal Statutory Auditors 25 49 41 8 0 0 0 0 0 0 41 8 49 0

Approve Director/Officer Liability and Indemnification

6 7 5 2 0 0 0 0 0 0 5 2 5 2

Approve Discharge of Auditors 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Approve Discharge of Board and President

21 21 21 0 0 0 0 0 0 0 21 0 21 0

Approve Discharge of Management Board

21 27 27 0 0 0 0 0 0 0 27 0 27 0

Approve Discharge of Management and Supervisory Board

3 3 3 0 0 0 0 0 0 0 3 0 3 0

Approve Discharge of Supervisory Board

11 33 33 0 0 0 0 0 0 0 33 0 33 0

Approve Executive Appointment 4 10 10 0 0 0 0 0 0 0 10 0 10 0

Approve Increase in Size of Board 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Approve Remuneration of Directors and/or Committee Members

46 51 48 2 0 0 1 0 0 0 48 2 50 0

Change Range for Size of the Board 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Company Specific--Board-Related 10 10 2 8 0 0 0 0 0 0 10 0 10 0

Declassify the Board of Directors 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Dismiss/Remove Director(s)/Auditor(s) (Non-contentious)

2 4 4 0 0 0 0 0 0 0 4 0 4 0

Dismiss/Remove Directors (Contentious)

1 3 0 0 0 0 3 0 0 0 0 0 0 0

Elect Alternate/Deputy Directors 5 7 7 0 0 0 0 0 0 0 7 0 7 0

Elect Board Chairman/Vice- 9 9 4 4 0 0 1 0 0 0 4 4 8 0

Page | 5



ForVotes

AgainstVotes

AbstainVotes


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyChairmanElect Director 471 2612 2433 145 1 31 2 0 0 0 2433 177 2608 2

Elect Directors (Bundled) 9 9 8 1 0 0 0 0 0 0 8 1 9 0

Elect Supervisory Board Member 11 40 35 5 0 0 0 0 0 0 35 5 40 0

Eliminate Cumulative Voting 2 2 1 1 0 0 0 0 0 0 1 1 2 0

Establish Range for Board Size 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Fix Number of Directors and/or Auditors

15 19 19 0 0 0 0 0 0 0 19 0 19 0

Indicate Personal Interest in Proposed Agenda Item

16 16 0 16 0 0 0 0 0 0 16 0 16 0

Provide Proxy Access Right 2 2 2 0 0 0 0 0 0 0 2 0 2 0

Totals for Directors Related: 512 2968 2736 193 1 31 7 0 0 0 2760 201 2957 4

Table 4 –Non-Salary Compensation


ForVotes

AgainstVotes

AbstainVotes


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyAdvisory Vote on Golden Parachutes

22 22 18 4 0 0 0 0 0 0 18 4 22 0

Advisory Vote on Say on Pay Frequency

4 4 0 0 0 0 0 4 0 0 4 0 4 0

Amend Articles/Charter Compensation-Related

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Amend Executive Share Option Plan

1 1 0 1 0 0 0 0 0 0 0 1 1 0

Amend Non-Employee Director Omnibus Stock Plan

2 2 2 0 0 0 0 0 0 0 2 0 2 0

Amend Omnibus Stock Plan 24 24 21 3 0 0 0 0 0 0 21 3 24 0

Amend Qualified Employee Stock Purchase Plan

9 9 9 0 0 0 0 0 0 0 9 0 9 0

Amend Restricted Stock Plan 2 2 1 1 0 0 0 0 0 0 1 1 2 0

Amend Terms of Outstanding 1 2 2 0 0 0 0 0 0 0 2 0 2 0

Page | 6



ForVotes

AgainstVotes

AbstainVotes


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyOptionsApprove Annual Bonus Pay for Directors/Statutory Auditors

6 6 6 0 0 0 0 0 0 0 6 0 6 0

Approve Bundled Remuneration Plans

1 2 2 0 0 0 0 0 0 0 2 0 2 0

Approve Equity Plan Financing 5 9 9 0 0 0 0 0 0 0 9 0 9 0

Approve Executive Share Option Plan

9 9 8 1 0 0 0 0 0 0 8 1 9 0

Approve Executive/Director Loans 1 1 0 1 0 0 0 0 0 0 0 1 1 0

Approve Increase Compensation Ceiling for Directors

43 44 33 11 0 0 0 0 0 0 38 6 44 0

Approve Non-Qualified Employee Stock Purchase Plan

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Approve Omnibus Stock Plan 23 23 22 1 0 0 0 0 0 0 22 1 23 0

Approve Outside Director Stock/Options in Lieu of Cash

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Approve Qualified Employee Stock Purchase Plan

18 18 18 0 0 0 0 0 0 0 17 1 18 0

Approve Remuneration Policy 15 15 10 5 0 0 0 0 0 0 10 5 15 0

Approve Remuneration Report 388 398 348 49 1 0 0 0 0 0 350 48 397 1

Approve Remuneration of Directors 9 14 12 2 0 0 0 0 0 0 12 2 14 0

Approve Restricted Stock Plan 44 48 38 10 0 0 0 0 0 0 38 10 48 0

Approve Retirement Bonuses for Directors

1 1 0 1 0 0 0 0 0 0 0 1 1 0

Approve Retirement Bonuses for Directors/Statutory Auditors

1 1 0 1 0 0 0 0 0 0 0 1 1 0

Approve Retirement Bonuses for Statutory Auditors

2 2 0 2 0 0 0 0 0 0 0 2 2 0

Approve Share Appreciation Rights/ Phantom Option Plan

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Approve Share Plan Grant 137 186 164 22 0 0 0 0 0 0 164 22 186 0

Page | 7



ForVotes

AgainstVotes

AbstainVotes


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyApprove Stock Option Plan Grants 11 12 6 6 0 0 0 0 0 0 6 6 12 0

Approve Stock-for-Salary/Bonus Plan

3 4 4 0 0 0 0 0 0 0 4 0 4 0

Approve Stock/Cash Award to Executive

3 4 4 0 0 0 0 0 0 0 4 0 4 0

Approve or Amend Severance/Change-in-Control Agreements

10 10 9 1 0 0 0 0 0 0 9 1 10 0

Approve/Amend Bonus Matching Plan

2 2 2 0 0 0 0 0 0 0 2 0 2 0

Approve/Amend Deferred Share Bonus Plan

8 10 9 1 0 0 0 0 0 0 9 1 10 0

Approve/Amend Employment Agreements

5 5 3 2 0 0 0 0 0 0 3 2 4 1

Approve/Amend Executive Incentive Bonus Plan

14 14 13 1 0 0 0 0 0 0 13 1 14 0

Approve/Amend Profit Sharing Plan 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Company-Specific Compensation-Related

5 5 5 0 0 0 0 0 0 0 5 0 5 0

Fix Maximum Variable Compensation Ratio

4 4 3 1 0 0 0 0 0 0 3 1 4 0

Grant Equity Award to Third Party 2 2 2 0 0 0 0 0 0 0 2 0 2 0

Increase in Compensation Ceiling for Statutory Auditors

3 3 3 0 0 0 0 0 0 0 3 0 3 0

Totals for Non-Salary Comp.: 468 923 791 127 1 0 0 4 0 0 801 122 921 2

Table 5 –Preferred / Bondholder

Action MeetingsProposals

Votes For

Votes Against

Votes Abstain

Votes Withhold

DNV 1 YR 2 YRS 3 YRSWith Mgmt

Against Mgmt

With Policy

Against Policy

Certification of Citizen Share 2 2 0 1 1 0 0 0 0 0 2 0 2 0

Page | 8


Action MeetingsProposals

Votes For

Votes Against

Votes Abstain

Votes Withhold

DNV 1 YR 2 YRS 3 YRSWith Mgmt

Against Mgmt

With Policy

Against Policy

RepresentationIf you are a Senior Officer as defined in Section 37(D) of the Securities Law, 1968, vote FOR. Otherwise, vote against.

14 14 0 14 0 0 0 0 0 0 14 0 14 0

If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR.

14 14 0 14 0 0 0 0 0 0 14 0 14 0

If you are an Interest Holder as defined in Section 1 of the Securities Law, 1968, vote FOR. Otherwise, vote against.

14 14 0 14 0 0 0 0 0 0 14 0 14 0

If you do not fall under any of the categories mentioned under items A2a through A2c, vote FOR. Otherwise, vote against.

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Totals Preferred/Bondholder: 16 45 1 43 1 0 0 0 0 0 45 0 45 0

Table 6 –Reorganization and Mergers


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyAmend Articles to: (Japan) 27 27 27 0 0 0 0 0 0 0 27 0 27 0

Amend Articles/Bylaws/Charter -- Organization-Related

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Approve Formation of Holding Company

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Page | 9



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyApprove Loan Agreement 1 1 0 1 0 0 0 0 0 0 0 1 1 0

Approve Merger Agreement 27 29 26 3 0 0 0 0 0 0 26 3 29 0

Approve Merger by Absorption 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Approve Plan of Liquidation 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Approve Pledging of Assets for Debt

12 13 13 0 0 0 0 0 0 0 13 0 13 0

Approve Sale of Company Assets 6 7 7 0 0 0 0 0 0 0 7 0 7 0

Approve Scheme of Arrangement 14 14 14 0 0 0 0 0 0 0 14 0 14 0

Approve Spin-Off Agreement 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Approve Transaction with a Related Party

6 8 6 2 0 0 0 0 0 0 6 2 8 0

Approve/Amend Investment in Project

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Approve/Amend Loan Guarantee to Subsidiary

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Change of Corporate Form 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Company Specific Organization Related

3 3 3 0 0 0 0 0 0 0 3 0 3 0

Issue Shares in Connection with Acquisition

30 41 40 1 0 0 0 0 0 0 40 1 41 0

Totals for Reorg. and Mergers: 125 151 144 7 0 0 0 0 0 0 144 7 151 0

Table 7 – Routine / Business


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyAccept Consolidated Financial Statements/Statutory Reports

14 14 14 0 0 0 0 0 0 0 14 0 14 0

Page | 10



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyAccept Financial Statements and Statutory Reports

87 89 89 0 0 0 0 0 0 0 89 0 89 0

Acknowledge Proper Convening of Meeting

14 14 14 0 0 0 0 0 0 0 14 0 14 0

Adopt Jurisdiction of Incorporation as Exclusive Forum

3 3 0 3 0 0 0 0 0 0 0 3 3 0

Adopt New Articles of Association/Charter

15 15 13 2 0 0 0 0 0 0 13 2 15 0

Allow Electronic Distribution of Company Communications

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Amend Articles/Bylaws/Charter -- Non-Routine

35 52 41 11 0 0 0 0 0 0 41 11 52 0

Amend Articles/Bylaws/Charter -- Routine

10 14 11 3 0 0 0 0 0 0 11 3 12 2

Amend Corporate Purpose 2 2 2 0 0 0 0 0 0 0 2 0 2 0

Appoint Appraiser/Special Auditor/Liquidator

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Appoint Censor(s) 2 3 1 2 0 0 0 0 0 0 1 2 3 0

Approve Allocation of Income and Dividends

90 90 88 2 0 0 0 0 0 0 88 2 90 0

Approve Auditors and their Remuneration

28 28 27 1 0 0 0 0 0 0 27 1 27 1

Approve Charitable Donations 3 3 3 0 0 0 0 0 0 0 3 0 3 0

Approve Dividends 46 47 47 0 0 0 0 0 0 0 47 0 47 0

Approve Financials/Income Allocation/Director Discharge

5 5 5 0 0 0 0 0 0 0 5 0 5 0

Approve Minutes of Previous Meeting

7 7 7 0 0 0 0 0 0 0 7 0 7 0

Approve Political Donations 25 25 25 0 0 0 0 0 0 0 25 0 25 0

Approve Publication of Information in English

2 2 2 0 0 0 0 0 0 0 2 0 2 0

Page | 11



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyApprove Remuneration of Directors and Auditors

5 5 5 0 0 0 0 0 0 0 5 0 5 0

Approve Special Auditors Report 6 6 4 2 0 0 0 0 0 0 4 2 6 0

Approve Special/Interim Dividends 5 6 6 0 0 0 0 0 0 0 6 0 6 0

Approve Standard Accounting Transfers

2 2 2 0 0 0 0 0 0 0 2 0 2 0

Approve Stock Dividend Program 3 3 3 0 0 0 0 0 0 0 3 0 3 0

Approve/Amend Regulations on General Meetings

5 8 4 4 0 0 0 0 0 0 4 4 8 0

Authorize Board to Fix Remuneration of External Auditor(s)

52 52 50 2 0 0 0 0 0 0 50 2 52 0

Authorize Board to Ratify and Execute Approved Resolutions

15 16 14 2 0 0 0 0 0 0 14 2 16 0

Authorize Filing of Required Documents/Other Formalities

16 17 17 0 0 0 0 0 0 0 17 0 17 0

Change Company Name 11 11 11 0 0 0 0 0 0 0 11 0 11 0

Change Date/Location of Annual Meeting

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Change Location of Registered Office/Headquarters

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Designate Inspector of Mtg Minutes

14 14 14 0 0 0 0 0 0 0 14 0 14 0

Designate X as Independent Proxy 10 10 10 0 0 0 0 0 0 0 10 0 10 0

Elect Chairman of Meeting 7 7 7 0 0 0 0 0 0 0 7 0 7 0

Elect Members of Nominating Committee

3 3 2 1 0 0 0 0 0 0 2 1 3 0

Elect Members of Remuneration Committee

8 27 22 5 0 0 0 0 0 0 22 5 27 0

Miscellaneous Proposal: Company-Specific

4 5 5 0 0 0 0 0 0 0 5 0 5 0

Page | 12



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyOther Business 15 16 0 15 0 0 1 0 0 0 3 12 15 0

Prepare and Approve List of Shareholders

14 14 14 0 0 0 0 0 0 0 14 0 14 0

Ratify Alternate Auditor 3 3 3 0 0 0 0 0 0 0 3 0 3 0

Ratify Auditors 207 212 208 1 3 0 0 0 0 0 208 4 212 0

Receive/Approve Report/Announcement

1 1 1 0 0 0 0 0 0 0 1 0 1 0

Receive/Approve Special Report 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Totals for Routine/Business: 328 856 796 56 3 0 1 0 0 0 799 56 852 3

Table 8 –Shareholder - Compensation


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyApprove Report of the Compensation Committee

3 3 3 0 0 0 0 0 0 0 0 3 3 0

Claw-back Compensation in Specified Circumstances

1 1 1 0 0 0 0 0 0 0 0 1 1 0

Company-Specific--Compensation-Related

3 3 3 0 0 0 0 0 0 0 1 2 3 0

Limit/Prohibit Accelerated Vesting of Awards

5 5 5 0 0 0 0 0 0 0 0 5 5 0

Non-Employee Director Compensation

1 1 0 1 0 0 0 0 0 0 1 0 1 0

Totals for SH-Compensation: 12 13 12 1 0 0 0 0 0 0 2 11 13 0

Table 9 –Shareholder – Corporate Governance

Page | 13



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyApprove Recapitalization Plan for all Stock to Have One-vote

1 1 1 0 0 0 0 0 0 0 0 1 1 0

Eliminate Discretionary Voting of Unmarked Proxies

1 1 1 0 0 0 0 0 0 0 0 1 1 0

Miscellaneous -- Equity Related 1 3 0 3 0 0 0 0 0 0 3 0 3 0

Provide for Confidential Vote Tally 2 2 1 1 0 0 0 0 0 0 1 1 2 0

Reduce Supermajority Vote Requirement

1 1 1 0 0 0 0 0 0 0 0 1 1 0

Totals for SH-Corp Governance: 6 8 4 4 0 0 0 0 0 0 4 4 8 0

Table 10 –Shareholder – Directors Related


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyAdopt Proxy Access Right 15 15 15 0 0 0 0 0 0 0 0 15 15 0

Board Diversity 4 4 0 4 0 0 0 0 0 0 4 0 4 0

Change Size of Board of Directors 2 3 1 1 0 0 1 0 0 0 2 0 2 0

Company-Specific Board-Related 1 1 0 1 0 0 0 0 0 0 1 0 1 0

Elect Directors (Opposition Slate) 1 8 4 0 0 0 4 0 0 0 4 0 4 0

Elect Supervisory Board Members (Bundled)

1 1 0 1 0 0 0 0 0 0 1 0 1 0

Elect a Shareholder-Nominee to the Board

5 11 8 3 0 0 0 0 0 0 5 6 11 0

Establish Environmental/Social Issue Board Committee

1 1 0 1 0 0 0 0 0 0 1 0 1 0

Removal of Existing Board Directors 1 2 1 0 0 0 1 0 0 0 1 0 1 0

Require Environmental/Social Issue Qualifications for Direct

1 1 1 0 0 0 0 0 0 0 0 1 1 0

Totals for SH-Dirs' Related: 26 47 30 11 0 0 6 0 0 0 19 22 41 0

Page | 14


Table 11 –Shareholder – Health / Environment


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


MgmtAgainst

MgmtWith

PolicyAgainst

Policy Climate Change 2 2 1 1 0 0 0 0 0 0 1 1 2 0

Community -Environmental Impact 1 1 1 0 0 0 0 0 0 0 0 1 1 0

GHG Emissions 4 4 3 1 0 0 0 0 0 0 1 3 4 0

Renewable Energy 3 3 2 1 0 0 0 0 0 0 1 2 3 0

Sustainability Report 1 1 1 0 0 0 0 0 0 0 0 1 1 0

Totals for SH-Health/Environ.: 9 11 8 3 0 0 0 0 0 0 3 8 11 0

Page | 15


Table 12 –Shareholder – Other / Miscellaneous


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyAnti-Discrimination Miscellaneous 3 4 0 4 0 0 0 0 0 0 4 0 4 0

Company-Specific -- Shareholder Miscellaneous

4 25 1 24 0 0 0 0 0 0 25 0 25 0

Political Activities and Action 1 1 0 1 0 0 0 0 0 0 1 0 1 0

Political Contributions and Lobbying

5 5 5 0 0 0 0 0 0 0 0 5 5 0

Political Lobbying Disclosure 6 6 6 0 0 0 0 0 0 0 0 6 6 0

Totals for SH-Other/misc.: 15 41 12 29 0 0 0 0 0 0 30 11 41 0

Table 13 –Shareholder – Routine / Business


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyAmend Articles/Bylaws/Charter -- Non-Routine

3 4 2 1 0 0 1 0 0 0 2 1 3 0

Amend Articles/Bylaws/Charter -- Routine

1 1 0 1 0 0 0 0 0 0 1 0 1 0

Company-Specific -- Miscellaneous 2 3 0 3 0 0 0 0 0 0 3 0 3 0

Require Independent Board Chairman

2 2 2 0 0 0 0 0 0 0 0 2 2 0

Totals for SH-Routine/Business:

8 10 4 5 0 0 1 0 0 0 6 3 9 0

Table 14 –Social Proposal

Page | 16



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyAnti-Social Proposal 2 2 0 2 0 0 0 0 0 0 2 0 2 0

Totals for Social Proposal: 2 2 0 2 0 0 0 0 0 0 2 0 2 0

Table 15 – Totals for the Report


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


MgmtAgainst

MgmtWith

PolicyAgainst

PolicyTotals for the report : 616 5534 4968 510 6 31 15 4 0 0 5045 474 5510 9

Page | 17