CORPORATE GOVERNANCE INTERNATIONAL 1st April 2016 … · C Stock option plan ... L Other business...

1

CORPORATE GOVERNANCE – INTERNATIONAL

1st April 2016 to 31st March 2017

ASIA PACIFIC

A Director election

B Remuneration

C Stock option plan

D Share issuance without pre-emptive rights

E Re-issuance of repurchased shares

F Amend articles of association

G Appoint auditor

H Audit committee election

I Bond issuance

J Executive retention plan

K Increase borrowing powers

L Other business

M Release restrictions of competitive activities of directors

N Share issuance

SP Shareholder proposal

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR

ISSUES VOTED AGAINST, ABSTAINED, OR CONTRARY TO ISS RECOMMENDATIONS

ICICI Bank Ltd India Other Meeting 13/04/16

Korea Electric Power Corp South Korea EGM 13/04/16

Oversea-Chinese Banking Corporation Ltd

Singapore AGM 13/04/16

PT Telekomunikasi Indonesia Tbk Indonesia AGM 13/04/16 A – Voted against in line with ISS recommendation.

Red Star Macalline Group Corporation Ltd

China EGM 13/04/16

United Overseas Bank Ltd Singapore AGM 13/04/16

Woodside Petroleum Ltd Australia AGM 13/04/16 B – Voted against in line with ISS recommendation.

DBS Group Holdings Ltd Singapore AGM 19/04/16

PAX Global Technology Ltd Hong Kong AGM 19/04/16 D, E – Voted against in line with ISS recommendation.

PT Astra International Tbk Indonesia AGM 19/04/16 A – Voted against in line with ISS recommendation.

Hongkong Land Holdings Ltd Hong Kong AGM 21/04/16 A x 4 – Voted against in line with ISS recommendation. A – Voted against, contrary to ISS recommendation to abstain.

AIA Co Ltd Hong Kong AGM 25/04/16

China Overseas Land & Investment Ltd Hong Kong AGM 25/04/16 D, E – Voted against in line with ISS recommendation.

2

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


PT Indocement Tungaal Prakarsa Tbk Indonesia AGM 25/04/16

China Overseas Property Holdings Ltd Hong Kong AGM 28/04/16 D, E – Voted against in line with ISS recommendation.

QBE Insurance Group Ltd Australia AGM 28/04/16

Want Want China Holdings Ltd China AGM 28/04/16 A x 4, D, E – Voted against in line with ISS recommendation.

Axis Bank Ltd India Other Meeting 03/05/16

AMP Ltd Australia AGM 04/05/16

Cheung Kong Property Holdings Ltd Hong Kong AGM 04/05/16 A x 9, D, E – Voted against in line with ISS recommendation.

CK Hutchinson Holdings Ltd Hong Kong AGM 04/05/16 A x 4, C, D, E – Voted against in line with ISS recommendation.

Digi.com Bhd Malaysia AGM 04/05/16 G – Voted against in line with ISS recommendation.

Siliconware Precision Industries Co Ltd Taiwan AGM 04/05/16

Hengan International Group Co Ltd Hong Kong AGM 11/05/16 A, D, E – Voted against in line with ISS recommendation.

MTR Corp Ltd Hong Kong AGM 11/05/16 A, D – Voted against in line with ISS recommendation.

Tencent Holdings Ltd Hong Kong AGM 11/05/16 D, E – Voted against in line with ISS recommendation.

China Petroleum & Chemical Corp China AGM 12/05/16 D, I – Voted against in line with ISS recommendation.

Asian Paints Ltd India Other Meeting 18/05/16

Axiata Group Bhd Malaysia AGM 18/05/16 A, C x 2 – Voted against in line with ISS recommendation.

Cosmo Lady Holdings Co Ltd Hong Kong AGM 18/05/16 D, E – Voted against in line with ISS recommendation.

WH Group Ltd Hong Kong AGM 18/05/16 A, D, E – Voted against in line with ISS recommendation.

China Mobile Ltd Hong Kong AGM 19/05/16 A, D, E – Voted against in line with ISS recommendation.

CNOOC Ltd Hong Kong AGM 19/05/16 D, E – Voted against in line with ISS recommendation.

IHH Healthcare Bhd Malaysia AGM 19/05/16 C x 3 – Voted against in line with ISS recommendation.

Bharat Petroleum Corp Ltd India Other Meeting 25/05/16

China Life Insurance Co Ltd China AGM 25/05/16 D – Voted against in line with ISS recommendation.

Anhui Conch Cement Co Ltd China AGM 26/05/16 D, Approve provision of guarantees to subsidiaries – Voted against in line with ISS recommendation.

China Mengniu Dairy Co Ltd Hong Kong AGM 26/05/16 A x 2, D, E – Voted against in line with ISS recommendation.

China Resources Land Ltd Hong Kong AGM 26/05/16 A x 3, D, E – Voted against in line with ISS recommendation.

China Resources Power Holdings Co Ltd Hong Kong AGM 26/05/16 A, D, E – Voted against in line with ISS recommendation.

3

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


PT Indofood CBP Sukses Makmur Tbk Indonesia AGM 26/05/16

PT Indofood CBP Sukses Makmur Tbk Indonesia EGM 26/05/16

AsusTek Computer Inc Taiwan AGM 31/05/16

Bank of China Ltd China AGM 31/05/16

Cathay Financial Holding Co Ltd Taiwan AGM 31/05/16

Delta Electronics Inc Taiwan AGM 31/05/16

E.Sun Financial Holding Co Ltd Taiwan AGM 31/05/16

Taiwan Semiconductor Manufacturing Co Ltd

Taiwan AGM 31/05/16

China International Capital Corp Ltd China AGM 02/06/16 D – Voted against in line with ISS recommendation.

President Chain Store Corporation Taiwan AGM 02/06/16

Red Star Macalline Group Corp Ltd China AGM 02/06/16

Infosys Ltd India AGM 03/06/16

PT Unilever Indonesia Tbk Indonesia AGM 03/06/16

PT Unilever Indonesia Tbk Indonesia EGM 03/06/16

SinoPac Financial Holdings Co Ltd Taiwan AGM 07/06/16 Approve company’s fund raising plan for long term capital needs – Voted against in line with ISS recommendation.

China Construction Bank Corporation China AGM 09/06/16 A – Voted against in line with ISS recommendation.

China Railway Construction Corporation Ltd

China AGM 09/06/16 D – Voted against in line with ISS recommendation.

China Shenhua Energy Co Ltd China AGM 09/06/16 Approve financial services agreement - Voted against in line with ISS recommendation.

Eclat Textile Co Ltd Taiwan AGM 09/06/16

Sinopharm Group Co Ltd China AGM 09/06/16 D, Authorise board to approve guarantees in favour of third parties - Voted against in line with ISS recommendation.

Haier Electronics Group Co Ltd Hong Kong AGM 14/06/16 A x 2, C, D, E – Voted against in line with ISS recommendation.

Uni-President Enterprises Corporation Taiwan AGM 14/06/16

Asian Paints Ltd India AGM 16/06/16

China Biologic Products Inc China AGM 16/06/16 A x 3, N – Voted against in line with ISS recommendation.

Mega Financial Holding Co Ltd Taiwan AGM 16/06/16

Zhuzhou CRRC Times Electric Co Ltd China AGM 16/06/16 D – Voted against in line with ISS recommendation.

Advanced Semiconductor Engineering Inc

Taiwan AGM 20/06/16

Industrial and Commercial Bank of China Ltd

China AGM 20/06/16

Hindustan Unilever Ltd India AGM 21/06/16

Hindustan Unilever Ltd India Court Meeting 21/06/16

CSR Ltd Australia AGM 22/06/16

Bharat Petroleum Corp Ltd India Other Meeting 27/06/16

Hyundai Mobis South Korea EGM 27/06/16

4

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


ICICI Bank Ltd India AGM 27/06/16

China Overseas Land & Investment Ltd Hong Kong OGM 12/07/16

AsusTek Computer Inc Taiwan EGM 18/07/16

Axis Bank Ltd India AGM 18/07/16

Bajaj Auto Ltd India AGM 18/07/16 A – Voted against in line with ISS recommendation.

Housing Development Finance Corp Ltd India AGM 18/07/16

Singapore Telecommunications Ltd Singapore AGM 18/07/16

Bharti Infratel Ltd India AGM 03/08/16

Bharti Airtel Ltd India AGM 09/08/16

Maruti Suzuki India Ltd India AGM 23/08/16

NetEase Inc China AGM 23/08/16

PT Unilever Indonesia Tbk Indonesia EGM 23/08/16 A – Voted against in line with ISS recommendation.

Reliance Industries Ltd India AGM 23/08/16 G – Voted against in line with ISS recommendation.

Bharat Petroleum Corp Ltd India AGM 13/09/16 A x 4 – Voted against in line with ISS recommendation.

Hero MotorCorp Ltd India AGM 13/09/16 A – Voted against in line with ISS recommendation.

Suncorp Group Ltd Australia AGM 13/09/16

Alibaba Group Holdings Ltd China AGM 29/09/16 A x 2 – Voted against in line with ISS recommendation.

China Resources Land Ltd Hong Kong EGM 29/09/16

CSL Ltd Australia AGM 29/09/16 B – Voted against in line with ISS recommendation.

Telstra Corporation Ltd Australia AGM 29/09/16

Singapore Telecommunications Ltd Singapore EGM 04/10/16

Korea Electric Power Corporation South Korea EGM 11/10/16

Sinopec Shanghai Petrochemical Co Ltd China EGM 11/10/16 Approve the comprehensive services framework agreement between company and China Petrochemical Corporation – Voted against in line with ISS recommendation.

Sinopharm Group Co Ltd China EGM 11/10/16 Adopt restricted share incentive scheme – Voted against in line with ISS recommendation.

Samsung Electronics Co Ltd South Korea EGM 13/10/16

Medical Developments International Ltd Australia AGM 20/10/16

Fairfax Media Ltd Australia AGM 25/10/16

Commonwealth Bank of Australia Australia AGM 01/11/16 B x 2 – Voted against in line with ISS recommendation.

Newcrest Mining Ltd Australia AGM 01/11/16

Sun Hung Kai Properties Ltd Hong Kong AGM 01/11/16 A, D, E – Voted against in line with ISS recommendation.

Wesfarmers Ltd Australia AGM 01/11/16

BHP Billiton Ltd Australia AGM 08/11/16

Bank of China Ltd China EGM 14/11/16

Woolworths Ltd Australia AGM 15/11/16

5

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Industrial and Commercial Bank of China Ltd

China EGM 23/11/16

Nufarm Ltd Australia AGM 24/11/16

CNOOC Ltd Hong Kong EGM 28/11/16

Westpac Banking Corporation Australia AGM 01/12/16

State Bank of India India EGM 05/12/16

Australia & New Zealand Banking Group Ltd

Australia AGM 08/12/16

National Australia Bank Ltd Australia AGM 08/12/16

PT Bank Rakyat Indonesia Tbk Indonesia EGM 13/12/16

Sinopharm Group Co Ltd China EGM 14/12/16

Korea Electric Power Corporation South Korea EGM 28/12/16

Aristocrat Leisure Ltd Australia AGM 23/02/17

E-Mart Inc South Korea AGM 01/03/17

POSCO South Korea AGM 01/03/17

Housing Development Finance Corporation Ltd

India Other Meeting 06/03/17 C, Increase in authorized share capital – Voted against in line with ISS recommendation.

Hyundai Glovis Co Ltd South Korea AGM 06/03/17

Hyundai Mobis South Korea AGM 06/03/17

KT&G Corporation South Korea AGM 06/03/17

Larsen & Toubro Ltd India Court Meeting 06/03/17

Power Assets Holdings Ltd Hong Kong OGM 06/03/17

PT Bank Rakyat Indonesia Tbk Indonesia AGM 06/03/17 A, F – Voted against in line with ISS recommendation.

Korea Electric Power Corporation South Korea AGM 08/03/17

ITC Ltd India Other Meeting 09/03/17

KIA Motors Corporation South Korea AGM 14/03/17

Lotte Chemical Corporation South Korea AGM 14/03/17 B, F – Voted against in line with ISS recommendation.

Samsung Electronics Co Ltd South Korea AGM 14/03/17

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

SK Hyinx Inc South Korea AGM 14/03/17

SK Innovation Co Ltd South Korea AGM 14/03/17

PICC Property and Casualty Co Ltd China EGM 15/03/17

SK Holdings Co Ltd South Korea AGM 15/03/17

Kangwon Land Inc South Korea AGM 22/03/17 A, H – Voted against in line with ISS recommendation.

Infosys Ltd India Other Meeting 23/03/17 B – Voted against in line with ISS recommendation.

Anta Sports Products Ltd China AGM 30/03/17 A, C, D, E – Voted against in line with ISS recommendation.

BDO Unibank Inc Philippines AGM 30/03/17 L – Voted against in line with ISS recommendation.

6

EUROPE

A Director election

B Remuneration

C Stock option plan

D Amend articles of association

E Amend bylaws

F Appoint auditors

G Approve dividend

H Approve related party transaction

I Audit committee election

J Auditors’ special report

K Authorise increase of capital

L Bond issuance

M Environmental and social issue

N Limit company donations

O Other business

P Severance payment

Q Share consolidation

R Share issuance

S Share issuance without pre-emptive rights

T Share repurchase

U Supervisory board member

V Warrant issuance


COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Koninklijke KPN NV Netherlands AGM 01/04/16 U – Voted against in line with ISS recommendation.

Telefon AB LM Ericsson Sweden AGM 04/04/16 C x 3 – Voted against in line with ISS recommendation.

LVMH Moet Hennessy Louis Vuitton SE France Mix 06/04/16 A x 2, B x 2, C, J – Voted against in line with ISS recommendation.

Bim Birlesik Magazalar AS Turkey AGM 08/04/16

Koninklijke Ahold NV Netherlands AGM 08/04/16

MOL Hungarian Oil and Gas Plc Hungary AGM 08/04/16 I, T, U, SP: I, SP: U, Discharge Board – Voted against in line with ISS recommendation.

OTP Bank Plc Hungary AGM 08/04/16 T – Voted against in line with ISS recommendation.

RELX NV Netherlands AGM 08/04/16

Unilever NV Netherlands AGM 11/04/16

GEA Group AG Germany AGM 12/04/16

Wolters Kluwer NV Netherlands AGM 12/04/16

Adecco SA Switzerland AGM 13/04/16

Anheuser-Busch InBev SA Belgium AGM 13/04/16 B, C – Voted against in line with ISS recommendation.

Huhtamaki OYJ Finland AGM 13/04/16

7

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Moncler SpA Italy Mix 13/04/16 A x 2, B, C, D, T, Approve equity plan financing – Voted against in line with ISS recommendation.

Sampo Plc Finland AGM 13/04/16

Atlantia SpA Italy OGM 14/04/16 B, T – Voted against in line with ISS recommendation.

GAM Holding AG Switzerland AGM 14/04/16

Moscow Exchange MICEX-RTS PJSC Russia AGM 14/04/16 A x 8 – Voted against in line with ISS recommendation.

Viscofan SA Spain Mix 14/04/16 A – Voted against in line with ISS recommendation.

Atlas Copco AB Sweden AGM 15/04/16 A x 2 – Voted against in line with ISS recommendation.

ING Group NV Netherlands AGM 15/04/16

Komercni Banka AS Czech Republic

OGM 15/04/16

Swiss RE AG Switzerland AGM 18/04/16

Alior Bank SA Poland EGM 19/04/16

ASML Holding NV Netherlands AGM 19/04/16

Assicurazoni Generali SpA Italy Mix 19/04/16 A – Voted against in line with ISS recommendation.

AXA SA France Mix 19/04/16 A x 2, C – Voted against in line with ISS recommendation.

Grandvision NV Netherlands AGM 19/04/16

KBC Groupe SA Belgium AGM 19/04/16 A x 4 – Voted against in line with ISS recommendation.

Koninklijke DSM NV Netherlands AGM 19/04/16

SAF Holland SA Netherlands AGM 19/04/16

Syngenta AG Switzerland AGM 19/04/16 O – Voted against in line with ISS recommendation.

Intesa SanPaola SpA Italy OGM 20/04/16

BASF SE Germany AGM 21/04/16

Bayer AG Germany AGM 21/04/16

Continental AG Germany AGM 21/04/16 G – Voted against in line with ISS recommendation.

Dalata Hotel Group Plc Ireland AGM 21/04/16

Glanbia Plc Ireland AGM 21/04/16 A x 3 – Voted against in line with ISS recommendation.

Interpump Group SpA Italy Mix 21/04/16 B, C, T – Voted against in line with ISS recommendation.

Kerry Group Plc Ireland AGM 21/04/16 A x 4 – Voted against in line with ISS recommendation.

Allianz SE Germany AGM 22/04/16

Baloise-Holding AG Switzerland AGM 22/04/16 B, O – Voted against in line with ISS recommendation.

Bank of Ireland Ireland AGM 22/04/16

Galp Energia SGPS SA Portugal AGM 22/04/16

Caixabank SA Spain OGM 25/04/16 D x 4, S – Voted against in line with ISS recommendation.

Covestro AG Germany AGM 25/04/16 B – Voted against in line with ISS recommendation.

8

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Credit Suisse Group AG Switzerland AGM 25/04/16 O x 2 – Voted against in line with ISS recommendation.

Sanofi SA France Mix 26/04/16 B – Voted against in line with ISS recommendation.

Deutsche Boerse AG Germany AGM 28/04/16

Kingspan Group Plc Ireland AGM 28/04/16 B – Voted against in line with ISS recommendation.

IMCD NV Netherlands AGM 29/04/16

Rheinmetall AG Germany AGM 29/04/16

Essilor International SA France Mix 03/05/16

Euronext NV Netherlands AGM 03/05/16

Royal Philips NV Netherlands AGM 03/05/16

Telenor ASA Norway AGM 03/05/16 Approve share related incentive arrangements for executive management – Voted against in line with ISS recommendation.

Wienerberger AG Austria AGM 03/05/16

Air Liquide SA France Mix 04/05/16

Amundi SA France Mix 04/05/16 J – Voted against in line with ISS recommendation.

Deutsche Post AG Germany AGM 04/05/16

Fresenius SE & Co Germany AGM 04/05/16 G – Voted against in line with ISS recommendation.

LafargeHolcim Ltd Switzerland AGM 04/05/16

SAP SE Germany AGM 04/05/16 B – Voted against in line with ISS recommendation.

Telefonica SA Spain OGM 04/05/16 A x 5 – Voted against in line with ISS recommendation.

UBS Group AG Switzerland AGM 04/05/16

United Internet AG Germany AGM 04/05/16 F – Voted against in line with ISS recommendation. Vote rejected due to error in processing between Broadridge and State Street.

CIE Generale des Establissements Michelin SA

France Mix 05/05/16

Eni SpA Italy OGM 05/05/16

Deutsche Bank AG Germany AGM 11/05/16 B, SP: Approve special audit x 3 – Voted against in line with ISS recommendation.

Drillsch AG Germany AGM 11/05/16

Iliad SA France Mix 11/05/16 C, J, T – Voted against in line with ISS recommendation.

Safran SA France Mix 11/05/16 C – Voted against in line with ISS recommendation.

SEB SA France Mix 11/05/16 A x 4, C, R, S, T, Bonus issuance - Voted against in line with ISS recommendation.

Deutsche Telekom AG Germany AGM 12/05/16

Total SA France Mix 16/05/16 A, SP: A x 2, C x 2 – Voted against in line with ISS recommendation.

Phosagro OJSC Russia AGM 17/05/16 A x 9 – Voted against in line with ISS recommendation.

BNP Paribas SA France Mix 18/05/16

Magnit PJSC Russia AGM 18/05/16 A x 4 – Voted against in line with ISS recommendation.

Legrand SA France Mix 19/05/16

9

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Hermes International SA France Mix 23/05/16 B x 2, C x 2, J, T – Voted against in line with ISS recommendation.

MMC Norilsk Nickel PJSC Russia AGM 23/05/16 A x 9, B – Voted against in line with ISS recommendation.

Nexity France Mix 23/05/16 A x 4, C – Voted against in line with ISS recommendation.

Salzgitter AG Germany AGM 24/05/16

Compagnie de Saint-Gobain SA France Mix 25/05/16 C – Voted against in line with ISS recommendation.

Yandex NV Netherlands AGM 26/05/16 B, C, R, S, T – Voted against in line with ISS recommendation.

Orange SA France Mix 27/05/16 SP: G x 2, SP: Set maximum outside mandates for directors – Voted against in line with ISS recommendation.

Bank Polska Kasa Opieki SA Poland AGM 31/05/16 U – Voted against in line with ISS recommendation.

Unipro PJSC Russia AGM 02/06/16 A x 6, B – Voted against in line with ISS recommendation.

Bank Handlowy w Warszawie SA Poland AGM 03/06/16 U – Voted against in line with ISS recommendation.

Sonova Holding AG Switzerland AGM 03/06/16

Tatneft PJSC Russia AGM 07/06/16 A x 11 – Voted against in line with ISS recommendation.

Construcciones y Auxiliar de Ferrocarriles SA

Spain OGM 08/06/16 B – Voted against in line with ISS recommendation.

Nokia Corporation Finland AGM 08/06/16

Oil Company Lukoil PJSC Russia AGM 08/06/16 A x 9 – Voted against in line with ISS recommendation.

Wirecard AG Germany AGM 08/06/16

Mobile Telesystems PJSC Russia AGM 09/06/16 A x 5 – Voted against in line with ISS recommendation.

PKO Bank Polski SA Poland AGM 14/06/16 U – Voted against in line with ISS recommendation.

Powszechny Zaklad Ubezpieczen SA Poland AGM 14/06/16 SP: U – Voted against in line with ISS recommendation.

Altice NV Netherlands AGM 16/06/16 B x 4, C x 3 – Voted against in line with ISS recommendation.

NH Hotel Group SA Spain OGM 16/06/16 A x 2, SP: A, Fix number of directors – Voted against in line with ISS recommendation.

ProSiebenSAT.1 Media SE Germany AGM 20/06/16

Alpha Bank AE Greece OGM 21/06/16

Industria de Diseno Textil SA Spain OGM 12/07/16

Alior Bank SA Poland EGM 13/07/16 U – Voted against in line with ISS recommendation.

Phosagro OJSC Russia EGM 19/07/16

Altice NV Netherlands EGM 24/08/16 B, D – Voted against in line with ISS recommendation.

Compagnie Financiere Richemont SA Switzerland AGM 24/08/16 A x 15, I x 3 – Voted against in line with ISS recommendation.

Magnit PJSC Russia EGM 24/08/16

Moscow Exchange MICEX-RTS PJSC Russia EGM 24/08/16

Bank Handlowy w Warszawie SA Poland EGM 06/09/16 U – Voted against in line with ISS recommendation.

10

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Merlin Properties Socimi SA Spain EGM 08/09/16

Anheuser-Busch InBev SA Belgium EGM 14/09/16

Mobile Telesystems PJSC Russia EGM 20/09/16

PhosAgro OJSC Russia EGM 20/09/16 H x 2, Approve new edition of regulations x 2 – Voted against in line with ISS recommendation.

Ford Otomotiv Sanayi AS Turkey EGM 15/11/16

Oil Company Lukoil PJSC Russia EGM 21/11/16

Magnit PJSC Russia EGM 28/11/16

Unipro PJSC Russia EGM 29/11/16

MMC Norilsk Nickel PJSC Russia AGM 05/12/16

Arcelik AS Turkey EGM 14/12/16

Powszechny Zaklad Ubezpieczen SA Poland EGM 29/12/16 B x 2, U x 3, Approve meeting costs – Voted against in line with ISS recommendation.

Cyfowy Polsat SA Poland EGM 04/01/17

PhosAgro OJSC Russia EGM 04/01/17 Amend charter – Voted against in line with ISS recommendation.

Megafon PJSC Russia EGM 10/01/17

Siemens AG Germany AGM 17/01/17

ThyssenKrupp AG Germany AGM 17/01/17

Amundi SA France EGM 19/01/17

Euronext NV Netherlands EGM 03/02/17

Infineon Technologies AG Germany AGM 03/02/17

Novartis AG Switzerland AGM 22/02/17 B, O – Voted against in line with ISS recommendation.

PKO Bank Polski SA Poland EGM 24/02/17

Nordea Bank AB Sweden AGM 07/03/17 SP: D, SP: M x 5, SP: Request board to take necessary action to create a shareholder’s association, SP: Prohibit Directors from invoicing Director’s fees via Swedish and Foreign Legal Entities x 2, SP: Request board to propose the Swedish Government legislation on the abolition of voting power differences in Swedish limited liability companies – Voted against in line with ISS recommendation.

Clariant AG Switzerland AGM 13/03/17 O x 2 – Voted against in line with ISS recommendation.

Novo Nordisk AS Denmark AGM 15/03/17 SP: Free parking for shareholders in connection with the shareholder’s meeting, SP: The buffet after the shareholder’s meeting is served as set table catering – Voted against in line with ISS recommendation.

Skandinaviska Enskilda Banken AB Sweden AGM 17/03/17 SP: M x 9, SP: Prohibit Directors from invoicing Director’s fees via Swedish and Foreign Legal Entities x 2 – Voted against in line with ISS recommendation.

Arcelik AS Turkey OGM 20/03/17 N – Voted against in line with ISS recommendation.

11

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Bankinter SA Spain OGM 20/03/17 A x 4 – Voted against in line with ISS recommendation.

Akbank TAS Turkey AGM 21/03/17 A – Voted against in line with ISS recommendation.

Daimler AG Germany AGM 21/03/17

Swedbank AB Sweden AGM 21/03/17 SP: D, SP: M x 3, SP: Implement lean concept, SP: Request board to take necessary action to create a shareholder’s association, SP: Prohibit Directors from invoicing Director’s fees via Swedish and Foreign Legal Entities, SP: Request the board to carry out a tax evasion investigation, SP: Request board to propose the Swedish Government to draw attention to the need for introducing a ‘cooling-off period’, SP: Instruct the board to prepare a proposal for the representation of small and mid-sized shareholders on the board and nomination committee – Voted against in line with ISS recommendation.

Tofas Turk Otomobil Fabrikasi AS Turkey OGM 21/03/17 N – Voted against in line with ISS recommendation.

Tupras-Turkiye Petrol Rafineleri AS Turkey OGM 21/03/17 N – Voted against in line with ISS recommendation.

Turkiye Garanti Bankasi AS Turkey AGM 21/03/17

Zurich Insurance Group AG Switzerland AGM 21/03/17

Cloetta AB Sweden AGM 23/03/17 Approve long term share based incentive plan – Voted against in line with ISS recommendation.

Husqvarna AB Sweden AGM 23/03/17 A x 5, Adopt long term incentive plan, Authorisation to sell Husqvarna B-shares, Approve equity swap arrangement to cover obligations under LTI 2015 – Voted against in line with ISS recommendation.

Ulker Biskuvi Sanayi AS Turkey OGM 23/03/17 N – Voted against in line with ISS recommendation.

Turkiye Is Bankasi AS Turkey OGM 27/03/17 A – Voted against in line with ISS recommendation.

Powszechny Zaklad Ubezpieczen SA Poland EGM 28/03/17 SP: U – Voted against in line with ISS recommendation.

Rockwool International AS Denmark AGM 28/03/17

Banco Santander SA Spain AGM 29/03/17

Nestle SA Switzerland AGM 29/03/17 O – Voted against in line with ISS recommendation.

Vestas Wind Systems AS Denmark AGM 29/03/17

Koninklijke Ahold Delhaize NV Netherlands AGM 30/03/17

Magyar Telekom Telecommunications Plc

Hungary AGM 31/03/17

12

JAPAN

A Director election

B Remuneration

C Stock option plan

D Appoint auditor

E Amend articles of association

F Amend bylaws

G Anti-takeover measure

H Approve allocation of income and dividends

I Approve annual bonus payment

J Auditors’ special report

K Dividend approval

L Environmental and social issue

M Reduction in capital reserves

N Retirement bonus

O Share repurchase


COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Pigeon Corporation Japan AGM 25/04/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

Sekisui House Ltd Japan AGM 25/04/16 D – Voted against in line with ISS recommendation.

Gulliver International Co Ltd Japan AGM 18/05/16 B – Voted against in line with ISS recommendation.

Sugi Holdings Co Ltd Japan AGM 18/05/16

Lawson Inc Japan AGM 19/05/16

Ryohin Keikaku Co Ltd Japan AGM 23/05/16

Seven & I Holdings Co Ltd Japan AGM 24/05/16

Ichigo Inc Japan AGM 25/05/16

Keyence Corporation Japan AGM 02/06/16 H – Voted against in line with ISS recommendation.

Aisin Seiki Co Ltd Japan AGM 08/06/16

Daicel Corporation Japan AGM 08/06/16

Eisai Co Ltd Japan AGM 08/06/16

Hankyu Hanshin Holdings Inc Japan AGM 08/06/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

Honda Motor Co Ltd Japan AGM 08/06/16

Nidec Corporation Japan AGM 08/06/16

NS Solutions Corporation Japan AGM 08/06/16

NTT DoCoMo Inc Japan AGM 08/06/16

Sony Corporation Japan AGM 08/06/16

Start Today Co Ltd Japan AGM 08/06/16

The Shizuoka Bank Ltd Japan AGM 08/06/16

Tokyo Electron Ltd Japan AGM 08/06/16

13

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Toyota Boshoku Corporation Japan AGM 08/06/16 A x 2 – Voted in favour, contrary to ISS recommendation to vote against. This is an ROE issue. However, the co. is significantly restructuring its EU ops. Due to this BAPIML believes the ROE will be higher than estimated and there will not be an issue with ROE.

Toyota Motor Corporation Japan AGM 08/06/16

USS Co Ltd Japan AGM 08/06/16

Astellas Pharma Inc Japan AGM 13/06/16

CALBEE Inc Japan AGM 13/06/16 D – Voted against in line with ISS recommendation.

Daido Steel Co Ltd Japan AGM 13/06/16 A – Voted against in line with ISS recommendation.

DaikyoNishikawa Corporation Japan AGM 13/06/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

Denso Corporation Japan AGM 13/06/16

Electric Power Development Co Ltd Japan AGM 13/06/16

H2O Retailing Corporation Japan AGM 13/06/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

Hitachi Ltd Japan AGM 13/06/16

Hoya Corporation Japan AGM 13/06/16

Isetan Mitsukoshi Holdings Ltd Japan AGM 13/06/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

Japan Post Bank Co Ltd Japan AGM 13/06/16

Mitsui & Co Ltd Japan AGM 13/06/16

Nippon Steel & Sumitomo Metal Corporation

Japan AGM 13/06/16 G – Voted against in line with ISS recommendation.

Orix Corporation Japan AGM 13/06/16

Seibu Holdings Inc Japan AGM 13/06/16

Yahoo Japan Corporation Japan AGM 13/06/16

Alps Electric Co Ltd Japan AGM 17/06/16 A – Voted against in line with ISS recommendation.

Asahi Kasei Corporation Japan AGM 17/06/16

East Japan Railway Co Japan AGM 17/06/16

Hokkaido Electric Power Co Inc Japan AGM 17/06/16 SP: L x 3, SP: E x 2 – Voted against in line with ISS recommendation. E - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Inpex Corporation Japan AGM 17/06/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

Japan Post Insurance Co Ltd Japan AGM 17/06/16

KDDI Corporation Japan AGM 17/06/16

Keisei Electric Railway Co Ltd Japan AGM 17/06/16 D x 2, G – Voted against in line with ISS recommendation.

Komatsu Ltd Japan AGM 17/06/16

Kose Corporation Japan AGM 17/06/16 A, D – Voted against in line with ISS recommendation.

Kyushu Electric Power Co Inc Japan AGM 17/06/16 E, L x 5 – Voted against in line with ISS recommendation.

Mitsubishi Estate Co Ltd Japan AGM 17/06/16 G – Voted against in line with ISS recommendation.

14

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Mitsubishi Materials Corporation Japan AGM 17/06/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

Mitsubishi UFJ Financial Group Inc Japan AGM 17/06/16 A – Voted in favour, contrary to ISS recommendation to vote against. Will engage with company, not significant issue that warrants vote against CFO. A x 3, E x 2 – Voted against in line with ISS recommendation.

Mitsui Fudosan Co Ltd Japan AGM 17/06/16

MS&AD Insurance Group Holdings Inc Japan AGM 17/06/16

Nissan Motor Co Ltd Japan AGM 17/06/16 D – Voted against in line with ISS recommendation.

Nomura Holdings Inc Japan AGM 17/06/16

Seino Holdings Co Ltd Japan AGM 17/06/16

Sekisui Chemical Co Ltd Japan AGM 17/06/16

Shin-Etsu Chemical Co Ltd Japan AGM 17/06/16

Shinsei Bank Ltd Japan AGM 17/06/16

Shionogi & Co Ltd Japan AGM 17/06/16 D – Voted against in line with ISS recommendation.

Softbank Group Corporation Japan AGM 17/06/16

Sumitomo Metal Mining Co Ltd Japan AGM 17/06/16 D, G – Voted against in line with ISS recommendation.

Suruga Bank Ltd Japan AGM 17/06/16 B, D – Voted against in line with ISS recommendation.

Taiheiyo Cement Corporation Japan AGM 17/06/16

Takeda Pharmaceutical Co Ltd Japan AGM 17/06/16 A x 2 – Voted in favour, contrary to ISS recommendation to vote against. ROE outlook is improving. A – Voted against in line with ISS recommendation.

The Hiroshima Bank Ltd Japan AGM 17/06/16

Tokyo Electric Power Co Holdings Inc Japan AGM 17/06/16 A, SP: L x 8, SP: K – Voted against in line with ISS recommendation. K - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Tokyu Corporation Japan AGM 17/06/16 D x 3 – Voted against in line with ISS recommendation.

Tosoh Corporation Japan AGM 17/06/16

West Japan Railway Co Japan AGM 17/06/16

Yamada Denki Co Ltd Japan AGM 17/06/16 D, SP: K – Voted against in line with ISS recommendation.

Yamaha Corporation Japan AGM 17/06/16

Ajinmoto Co Inc Japan AGM 20/06/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

Aozora Bank Ltd Japan AGM 20/06/16

Casio Computer Co Ltd Japan AGM 20/06/16

Daikin Industries Ltd Japan AGM 20/06/16

Fanuc Corporation Japan AGM 20/06/16

Fuji Heavy Industries Ltd Japan AGM 20/06/16

Fujifilm Holdings Corporation Japan AGM 20/06/16

15

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Fukuoka Financial Group Inc Japan AGM 20/06/16 D – Voted against in line with ISS recommendation.

Isuzu Motors Ltd Japan AGM 20/06/16

JX holdings Inc Japan AGM 20/06/16 A – Voted against in line with ISS recommendation. A - Voted in favour, contrary to ISS recommendation to vote against. New CEO. ROE trend is improving.

Kaneka Corporation Japan AGM 20/06/16 G – Voted against in line with ISS recommendation.

Kansai Paint Co Ltd Japan AGM 20/06/16

Kobayashi Pharmaceutical Co Ltd Japan AGM 20/06/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

Matsumotokiyoshi Holdings Co Ltd Japan AGM 20/06/16

Mazda Motor Corporation Japan AGM 20/06/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

Meiji Holdings Co Ltd Japan AGM 20/06/16

Minebea Co Ltd Japan AGM 20/06/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

Mitsubishi Electric Corporation Japan AGM 20/06/16 A – Voted against in line with ISS recommendation.

Murata Manufacturing Co Ltd Japan AGM 20/06/16

Nikon Corporation Japan AGM 20/06/16 A x 2 – Voted against in line with ISS recommendation.

Nippon Shinyaku Co Ltd Japan AGM 20/06/16

Nissin Electric Co Ltd Japan AGM 20/06/16 D – Voted against in line with ISS recommendation.

Obayashi Corporation Japan AGM 20/06/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

Ono Pharmaceutical Co Ltd Japan AGM 20/06/16

Oriental Land Ltd Japan AGM 20/06/16 D x 3 – Voted against in line with ISS recommendation.

Osaka Gas Ltd Japan AGM 20/06/16

Rohm Co Ltd Japan AGM 20/06/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

SCSK Corporation Japan AGM 20/06/16 A x 2 – Voted against in line with ISS recommendation.

Shimadzu Corporation Japan AGM 20/06/16

SMC Corporation Japan AGM 20/06/16

Sumitomo Mitsui Financial Group Inc Japan AGM 20/06/16

Sumitomo Mitsui Trust Holdings Inc Japan AGM 20/06/16

Sumitomo Realty & Development Co Ltd

Japan AGM 20/06/16 D, G – Voted against in line with ISS recommendation.

T&D Holdings Inc Japan AGM 20/06/16

Taisei Corporation Japan AGM 20/06/16

TDK Corporation Japan AGM 20/06/16

The Chiba Bank Ltd Japan AGM 20/06/16

Tokio Marine Holdings Inc Japan AGM 20/06/16

Tokyo Gas Ltd Japan AGM 20/06/16 D – Voted against in line with ISS recommendation.

Toray Industries Inc Japan AGM 20/06/16

Benesse Holdings Inc Japan AGM 21/06/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

16

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Central Japan Railway Co Japan AGM 21/06/16

Disco Corporation Japan AGM 21/06/16

Hakuhood Dy Holdings Inc Japan AGM 21/06/16

IT Holdings Corporation Japan AGM 21/06/16

Marubeni Corporation Japan AGM 21/06/16

Mitsubishi Corporation Japan AGM 21/06/16 D – Voted in favour, contrary to ISS recommendation to vote against. Scale of bio is small. Brings female domestic bio view to the board.

Mitsubishi Heavy Industries Ltd Japan AGM 21/06/16

Mitsui Chemicals Inc Japan AGM 21/06/16

Mizuho Financial Group Inc Japan AGM 21/06/16 SP: A, K, L x 4 – Voted against in line with ISS recommendation. SP: K x 2 – Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Nippon Telegraph and Telephone Co Japan AGM 21/06/16

Nitto Denko Corporation Japan AGM 21/06/16 D – Voted against in line with ISS recommendation.

NSD Co Ltd Japan AGM 21/06/16

Panasonic Corporation Japan AGM 21/06/16 A x 2 – Voted against in line with ISS recommendation.

Penta-Ocean Construction Co Ltd Japan AGM 21/06/16 D x 2 – Voted against in line with ISS recommendation.

Santen Pharmaceutical Co Ltd Japan AGM 21/06/16

Sawai Pharmaceutical Co Ltd Japan AGM 21/06/16

Shikoku Electric Power Co Inc Japan AGM 21/06/16 D, SP: L x 4 – Voted against in line with ISS recommendation. A x 2 – Voted in favour, contrary to ISS recommendation to vote against. Industry delayed recovery in nuclear restarts, no fault of directors.

Sompo Japan Nipponkoa Holdings Inc Japan AGM 21/06/16

Square Enix Holdings Co Ltd Japan AGM 21/06/16

Terumo Corporation Japan AGM 21/06/16

The Dai-Ichi Life Insurance Co Ltd Japan AGM 21/06/16

Tohoku Electric Power Co Inc Japan AGM 22/06/16 SP: L x 5 – Voted against in line with ISS recommendation.

Keyence Corporation Japan AGM 25/08/16 H – Voted against in line with ISS recommendation.

Don Quijote Holdings Co Ltd Japan AGM 26/09/16

Fast Retailing Co Ltd Japan AGM 15/11/16 A – Voted in favour, contrary to ISS recommendation to vote against. CEO considered operationally significant. D – Voted against in line with ISS recommendation.

CyberAgent Inc Japan AGM 13/12/16 A – Voted in favour, contrary to ISS recommendation to vote against. After engagement with company, BAPIML positive on steps company is taking to increase independence on board.

JX Holdings Inc Japan EGM 13/12/16

17

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


DMG Mori Co Ltd Japan AGM 14/03/17 Approve disposal of treasury shares for a private placement – Voted against in line with ISS recommendation.

Kao Corporation Japan AGM 15/03/17

MonotaRO Co Ltd Japan AGM 15/03/17 A – Voted against in line with ISS recommendation.

Chugai Pharmaceutical Co Ltd Japan AGM 21/03/17

Hoshizaki Corporation Japan AGM 21/03/17 N – Voted against in line with ISS recommendation.

Kyowa Hakko Kirin Co Ltd Japan AGM 21/03/17 A – Voted in favour, contrary to ISS recommendation to vote against. ROE issue, BAPIML expects ROE to be on an improving trend going forward.

Yamaha Motor Co Ltd Japan AGM 21/03/17

Asahi Group Holdings Ltd Japan AGM 22/03/17 SP: E – Voted against in line with ISS recommendation.

Bridgestone Corporation Japan AGM 22/03/17

Japan Tobacco Inc Japan AGM 22/03/17

Kagome Co Ltd Japan AGM 22/03/17

Kubota Corporation Japan AGM 22/03/17

Asahi Glass Co Ltd Japan AGM 27/03/17 A x 2 – Voted in favour contrary to ISS recommendation. ROE issue, BAPIML expects ROE to be on an improving trend going forward.

Canon Inc Japan AGM 27/03/17

Lion Corporation Japan AGM 27/03/17

Mabuchi Motor Co Ltd Japan AGM 27/03/17

Otsuka Holdings Co Ltd Japan AGM 27/03/17

Pola Orbis Holdings Inc Japan AGM 27/03/17

Sumitomo Rubber Industries Ltd Japan AGM 27/03/17

Tokyo Tatemono Co Ltd Japan AGM 27/03/17

18

LATIN AMERICA

A Director election

B Remuneration

C Stock option plan

D Amend articles of association

E Amend bylaws

F Approve allocation of income and dividends

G Authorise board to ratify, execute and approve resolutions

H Bond issuance

I Elect committee member

J Other business

K Share issuance

L Share repurchase


COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Cibanco SA Institucion de Banca Multiple

Mexico EGM 01/04/16

Cielo SA Brazil AGM 01/04/16 A, B – Voted against in line with ISS recommendation.

Cielo SA Brazil EGM 01/04/16

Embraer SA Brazil EGM 05/04/16

Embraer SA Brazil AGM 05/04/16 B – Voted against in line with ISS recommendation.

Grupo Aeroportuario del Centro Norte SAB de CV

Mexico OGM 05/04/16 A – Voted against in line with ISS recommendation.

Ultrapar Participacoes SA Brazil AGM 05/04/16

Ultrapar Participacoes SA Brazil EGM 05/04/16

Arca Continental SAB de CV Mexico OGM 07/04/16 A, B – Voted against in line with ISS

recommendation.

Grupo Bimbo SAB de CV Mexico OGM 07/04/16 A, I – Voted against in line with ISS

recommendation.

Itau Corpbanca Chile EGM 07/04/16 A – Voted against in line with ISS recommendation.

Tim Participacoes SA Brazil AGM 07/04/16 B – Voted against in line with ISS recommendation.

Tracetebel Energia SA Brazil AGM 07/04/16 A, B – Voted against in line with ISS

recommendation.

BM&F Bovespa SA Brazil AGM 11/04/16

America Movil SAB de CV Mexico EGM 12/04/16 A, G – Voted against in line with ISS recommendation.

CETIP SA Brazil AGM 12/04/16 B – Voted against in line with ISS recommendation.

WEG SA Brazil EGM 12/04/16

19

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


WEG SA Brazil AGM 12/04/16 A, I – Abstained in line with ISS recommendation.

No option to vote against given in this meeting.

BB Seguridade Participacoes SA Brazil AGM 13/04/16 A x 2 – Voted against in line with ISS recommendation. I – Abstained in line with ISS recommendation. No candidate names given until meeting. As candidates presented by minority shareholders are generally independent nominees, it may be counterproductive to vote against. An informed decision is not possible due to lack of disclosure.

Gentera SAB de CV Mexico OGM 13/04/16

Industrias Penoles SAB de CV Mexico OGM 14/04/16 A, I – Voted against in line with ISS

recommendation.

Vale SA (Pref.) Brazil AGM 14/04/16 B, I – Voted against in line with ISS

recommendation.

Vale SA (Pref.) Brazil EGM 14/04/16

America Movil SAB de CV Mexico AGM 15/04/16 A, G – Voted against in line with ISS recommendation.

Suzano Papel e Celulose SA Brazil AGM 15/04/16 A, I – Abstained in line with ISS recommendation. No candidate names given until meeting. As candidates presented by minority shareholders are generally independent nominees, it may be counterproductive to vote against. An informed decision is not possible due to lack of disclosure.

Vale SA Brazil AGM 15/04/16 B, I – Voted against in line with ISS

recommendation.

Vale SA Brazil EGM 15/04/16

Grupo Financiero Banorte SAB de CV Mexico OGM 18/04/16 A – Voted against in line with ISS recommendation.

Itau Unibanco Holdings SA Brazil AGM 18/04/16

Banco Santander Chile Chile AGM 19/04/16

Fibria Celulose SA Brazil AGM 19/04/16 B, I – Voted against in line with ISS

recommendation.

Petroleo Brasileiro SA Brazil AGM 19/04/16

Petroleo Brasileiro SA Brazil OGM 19/04/16 Approve financial statements – Voted against in line with ISS recommendation. A – Voted against, contrary to ISS recommendation to Abstain. I – Abstained in line with ISS recommendation. No candidate names given until meeting. As candidates presented by minority shareholders are generally independent nominees, it may be counterproductive to vote against. An informed decision is not possible due to lack of disclosure

Petroleo Brasileiro SA Brazil EGM 19/04/16 E x 2 – Voted against in line with ISS recommendation.

20

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


SACI Falabella Chile OGM 19/04/16 J – Voted against in line with ISS recommendation.

Empresas Copec SA Chile OGM 20/04/16 A, J – Voted against in line with ISS recommendation.

Grupo Financiero Inbursa SAB de CV Mexico EGM 20/04/16 D, G – Voted against in line with ISS recommendation.

Grupo Financiero Inbursa SAB de CV Mexico OGM 20/04/16 A, I, Approve granting of powers – Voted against in line with ISS recommendation.

Grupo Mexico SAB de CV Mexico OGM 20/04/16 A – Voted against in line with ISS recommendation.

Grupo Televisa SAB (D Class) Mexico Special 20/04/16 A, G – Voted against in line with ISS recommendation.

Grupo Televisa SAB (L Class) Mexico Special 20/04/16 A, G – Voted against in line with ISS recommendation.

Ambev SA Brazil AGM 21/04/16 B – Voted against in line with ISS recommendation.

Ambev SA Brazil EGM 21/04/16 C – Voted against in line with ISS recommendation.

Cosan SA Industria e Comercio Brazil AGM 21/04/16 B – Voted against in line with ISS recommendation.

Empresa Nacional de Electricidad SA Chile AGM 21/04/16 A x 2, J x 2 – Voted against in line with ISS recommendation.

Itausa Brazil EGM 21/04/16

Itausa Brazil AGM 21/04/16 A, B – Voted against in line with ISS recommendation. I – Abstained in line with ISS recommendation. No candidate names given until meeting. As candidates presented by minority shareholders are generally independent nominees, it may be counterproductive to vote against. An informed decision is not possible due to lack of disclosure

Itausa (Pref.) Brazil AGM 21/04/16

JBS SA Brazil EGM 21/04/16 B – Voted against in line with ISS recommendation.

JBS SA Brazil AGM 21/04/16

Kroton Educacional SA Brazil AGM 21/04/16

Kroton Educacional SA Brazil EGM 21/04/16 B – Voted against in line with ISS recommendation.

Multiplan Enmpreedimentos Imobilarios SA

Brazil AGM 21/04/16 A x 5 – Voted against in line with ISS recommendation.

Telefonica Brasil SA Brazil AGM 21/04/16 I x 2 – Abstained in line with ISS recommendation. No candidate names given until meeting. As candidates presented by minority shareholders are generally independent nominees, it may be counterproductive to vote against. An informed decision is not possible due to lack of disclosure

Cencosud SA Chile OGM 22/04/16 A, J – Voted against in line with ISS recommendation.

21

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Companhia Energetica de Minas Gerais SA

Brazil AGM 22/04/16 A – Abstained in line with ISS recommendation. No candidate names given until meeting. As candidates presented by minority shareholders are generally independent nominees, it may be counterproductive to vote against. An informed decision is not possible due to lack of disclosure

Deutsche Bank Mexico SA Mexico Bond Meeting 22/04/16 I – Voted against in line with ISS recommendation.

Empresas CMPC SA Chile OGM 22/04/16 A – Voted against in line with ISS recommendation.

Infraestructura Energetica Nova SAB de CV

Mexico OGM 22/04/16 A – Voted against in line with ISS recommendation.

Mexichem SAB de CV Mexico OGM 22/04/16

OHL Meixco SAB de CV Mexico OGM 22/04/16 A, F x 2 – Voted against in line with ISS recommendation.

Promotora y Operadora de Infraestructura SAB de CV

Mexico EGM 22/04/16


Mexico OGM 22/04/16

Telesites SAB de CV Mexico Special 22/04/16 A – Voted against in line with ISS recommendation.

Alsea SAB de CV Mexico OGM 25/04/16

Alsea SAB de CV Mexico EGM 25/04/16

Ambev SA Brazil Special 25/04/16 B, C – Voted against in line with ISS recommendation.

Enersis Americas SA Chile OGM 25/04/16 J – Voted against in line with ISS recommendation

Gruma SAB de CV Mexico OGM 25/04/16 A, I – Voted against in line with ISS recommendation.

Grupo Televisa SAB Mexico AGM 25/04/16 A x 3, G x 2, I x 2 – Voted against in line with ISS recommendation.

Embraer SA Brazil EGM 27/04/16

Enersis Chile SA Chile OGM 28/04/16 J – Voted against in line with ISS recommendation. Voted late due to late posting of meeting from Broadridge.

BM&F Bovespa SA Brazil EGM 12/05/16

Cetip SA Brazil EGM 12/05/16

Cemex Latam Holdings SA Colombia OGM 14/06/16 A, B – Voted against in line with ISS recommendation.

Grupo Financiero Banorte SAB de CV Mexico OGM 21/06/16

WEG SA Brazil EGM 21/06/16

Tractebel Energia SA Brazil EGM 06/07/16 A – Voted against in line with ISS recommendation.

Cetip SA Brazil AGM 11/07/16

Cetip SA Brazil EGM 11/07/16

Companhia de Saneamanto Basico do Estado de Sao Paulo

Brazil EGM 19/07/16


22

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Petroleo Brasileiro SA Brazil EGM 28/07/16 Grant waiver to executive in order to hold an executive position – Voted against in line with ISS recommendation.

Petroleo Brasileiro SA (Pref.) Brazil EGM 28/07/16 Grant waiver to executive in order to hold an executive position – Voted against in line with ISS recommendation.

Vale SA Brazil EGM 05/08/16

Vale SA (Pref.) Brazil EGM 05/08/16

Kroton Educacional SA Brazil EGM 08/08/16

Grupo Financiero Banorte SAB de CV Mexico OGM 12/08/16

Grupo Financiero Banorte SAB de CV Mexico EGM 12/08/16

Ecopetrol SA Colombia EGM 06/09/16

Endesa Americas SA Chile Special 21/09/16

Enersis Americas SA Chile EGM 21/09/16

America Movil SAB de CV Mexico EGM 28/09/16 Approve delisting from NASDAQ and LATIBEX – Voted against in line with ISS recommendation.

Banco Bradesco SA Brazil EGM 28/09/16

Empresa Nacional de Electricidad SA Chile Special 28/09/16

Enersis Chile SA Chile EGM 28/09/16

America Movil SAB de CV Mexico Special 30/09/16 Approve delisting from NASDAQ and LATIBEX – Voted against in line with ISS recommendation.

Grupo Financiero Inbursa SAB de CV Mexico EGM 03/10/16 D, G, Approve modification of responsibility agreement – Voted against in line with ISS recommendation.

Infraestructura Energetica Nova SAB de CV

Mexico EGM 04/10/16 A, D, K, Approve integration of share capital, Approve update of registration of shares, Approve loan agreement – Voted against in line with ISS recommendation.

Arca Continental SAB de CV Mexico EGM 19/10/16

Multiplan Empreendimentos Imobilarios SA

Brazil EGM 25/10/16 A – Voted against in line with ISS recommendation.

Grupo Financiero Inbursa SAB de CV Mexico EGM 08/11/16 D, G, Approve modification of responsibility agreement – Voted against in line with ISS recommendation.

Petroleo Brasileiro SA Brazil EGM 23/11/16

JBS SA Brazil EGM 29/11/16

Mexichem SAB de CV Mexico OGM 29/11/16

Arca Continental SAB de CV Mexico OGM 01/12/16

Itasua SA Brazil EGM 05/12/16

Itasua SA (Pref.) Brazil EGM 05/12/16

Raia Drogasil SA Mexico EGM 05/12/16 B – Voted against in line with ISS recommendation.

Rumo Logistica Operadora Multimodal SA

Brazil EGM 08/12/16

Banco Santander Chile Chile EGM 04/01/17



23

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


BR Malls Participacoes SA Brazil EGM 15/02/17 A – Abstained in line with ISS recommendation. No candidate names given until meeting. As candidates presented by minority shareholders are generally independent nominees, it may be counterproductive to vote against. An informed decision is not possible due to lack of disclosure.

Grupo Financiero Banorte SAB de CV Brazil OGM 20/02/17

Nemak SAB de CV Mexico OGM 20/02/17 A – Voted against in line with ISS recommendation.

Klabin SA Brazil EGM 22/02/17

Klabin SA Brazil AGM 01/03/17 A – Voted against in line with ISS recommendation. A, I x 2 – Abstained in line with ISS recommendation. No candidate names given until meeting. As candidates presented by minority shareholders are generally independent nominees, it may be counterproductive to vote against. An informed decision is not possible due to lack of disclosure.

Klabin SA Brazil EGM 01/03/17

Banco Bardesco SA (Pref.) Brazil AGM 02/03/17 A – Abstained in line with ISS recommendation. No candidate names given until meeting. As candidates presented by minority shareholders are generally independent nominees, it may be counterproductive to vote against. An informed decision is not possible due to lack of disclosure.

Banco Bradesco SA Brazil EGM 02/03/17

Banco Bradesco SA Brazil AGM 02/03/17 A x 8, B – Voted against in line with ISS recommendation. A – Abstained in line with ISS recommendation. No candidate names given until meeting. As candidates presented by minority shareholders are generally independent nominees, it may be counterproductive to vote against. An informed decision is not possible due to lack of disclosure.

Aberdeen Frontier Markets Investment Co Ltd

Fund EGM 07/03/17

Arca Continental SAB de CV Mexico OGM 07/03/17

Coca-Cola FEMSA SAB de CV Mexico OGM 07/03/17

Fomento Economico Mexicano SAB de CV

Mexico AGM 07/03/17

JBS SA Brazil EGM 07/03/17

Transmissora Alianca de Energia Electrica SA

Brazil EGM 13/03/17

Banco de Chile Chile EGM 20/03/17

Banco de Chile Chile OGM 20/03/17 Appoint auditors – Voted against in line with ISS recommendation.


24

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR



Mexico OGM 20/03/17 G, Amend dividend policy, Approve dividends – Voted against in line with ISS recommendation.

Banco de Credito e Inversiones Chile OGM 21/03/17

Banco de Credito e Inversiones Chile EGM 21/03/17 D – Voted against in line with ISS recommendation.

Compania de Transmissao de Energia Electrica Paulis

Brazil AGM 21/03/17

Itau CorpBanca Chile OGM 21/03/17 A, J – Voted against in line with ISS recommendation.

Raia Drogasil SA Brazil AGM 21/03/17 I – Abstained in line with ISS recommendation. No candidate names given until meeting. As candidates presented by minority shareholders are generally independent nominees, it may be counterproductive to vote against. An informed decision is not possible due to lack of disclosure.

Wal-Mart de Mexico SAB de CV Mexico OGM 21/03/17 A – Voted against in line with ISS recommendation.

Grupo de Inversiones Suramericana SA Colombia OGM 23/03/17

Aberdeen Funds Fund AGM 28/03/17

Ecopetrol SA Colombia OGM 28/03/17

America Movil SAB de CV Mexico Special 29/03/17 A, G – Voted against in line with ISS recommendation.

CCR SA Brazil EGM 29/03/17

Credicorp Ltd Peru AGM 29/03/17

Natura Cosmeticos SA Brazil EGM 29/03/17 C – Voted against in line with ISS recommendation.

OHL Mexico SAB de CV Mexico OGM 29/03/17 A – Voted against in line with ISS recommendation.

America Movil SAB de CV Mexico AGM 31/03/17 A, G – Voted against in line with ISS recommendation.

Cielo SA Brazil AGM 31/03/17 B – Voted against in line with ISS recommendation.

Cielo SA Brazil EGM 31/03/17 A x 12 – Voted against in line with ISS recommendation.

Natura Cosmeticos SA Brazil AGM 31/03/17

25

SOUTH AFRICA & MIDDLE EAST

A Director election

B Remuneration

C Stock option plan

D Adopt memorandum of incorporation

E Appoint auditor

F Approve consultation fee

G Approve financial assistance to related companies

H Elect committee member

I Place authorised but unissued shares in control of directors

J Share issuance

K Share repurchase


COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Anglo American Platinum Ltd South Africa AGM 01/04/16 B – Voted against in line with ISS recommendation.

Advance Frontier Markets Fund Ltd Fund EGM 07/04/16

Emaar Properties UAE AGM 11/04/16 B, Amend bylaws – Voted against in line with ISS recommendation.

Emaar Malls Group PJSC UAE AGM 12/04/16 Amend bylaws – Voted against in line with ISS recommendation.

Imperial Holdings Ltd South Africa OGM 21/04/16

AngloGold Ashanti Ltd South Africa AGM 25/04/16 C – Voted against in line with ISS recommendation.

Mondi Ltd South Africa AGM 04/05/16

Bidvest Group Ltd South Africa OGM 10/05/16

Gold Fields Ltd South Africa AGM 11/05/16

Sibanye Gold Ltd South Africa AGM 17/05/16

MTN Group Ltd South Africa AGM 18/05/16 A, I – Voted against in line with ISS recommendation.

Steinhoff International Holdings NV South Africa AGM 18/05/16 A x 7 – Voted against in line with ISS recommendation.

Standard Bank Group Ltd South Africa EGM 19/05/16

AECI Ltd South Africa AGM 23/05/16 E – Voted against in line with ISS recommendation.

Sanlam Ltd South Africa AGM 01/06/16 B – Voted against in line with ISS recommendation.

Brait SE South Africa AGM 12/07/16

Investec Ltd South Africa OGM 13/07/16

Investec Ltd South Africa AGM 27/07/16 A x 4 – Voted against in line with ISS recommendation.

Aspen Pharmacare Holdings Plc South Africa OGM 05/08/16

Mr. Price Group Ltd South Africa AGM 19/08/16 B – Voted against in line with ISS recommendation.

26

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Naspers Ltd South Africa AGM 19/08/16 B, I, J – Voted in favour, contrary to ISS recommendation to vote against. BAPIML believes that the company has a long history of remunerating in the interest of minority shareholders in that the chairman and CEO receive shares in lieu of a salary. The company also has a history of issuing shares for accretive acquisitions that have proved to offer growth and this has not proved to be dilutive or at the disadvantage of the shareholder G, K – Voted against in line with ISS recommendation.

MTN Group Ltd South Africa OGM 28/09/16

Blakeney Investors SICAV South Africa AGM 11/10/16 Other business – Voted against in line with ISS recommendation.

Resilient REIT Ltd South Africa AGM 21/10/16 B – Voted against in line with ISS recommendation.

Shoprite Holdings Ltd South Africa AGM 21/10/16 B – Voted against in line with ISS recommendation.

AVI Ltd South Africa AGM 25/10/16

Imperial Holdings Ltd South Africa AGM 25/10/16

Truworths International Ltd South Africa AGM 25/10/16 B – Voted against in line with ISS recommendation.

BID Corporation Ltd South Africa AGM 01/11/16 B – Voted against in line with ISS recommendation.

Growthpoint Properties Ltd South Africa AGM 08/11/16 B – Voted against in line with ISS recommendation.

Brait SE Fund EGM 14/11/16

MMI Holdings Ltd South Africa AGM 15/11/16 B, D, Approve fees of ad hoc work – Voted against in line with ISS recommendation.

RMB Holdings Ltd South Africa AGM 15/11/16 A x 3, B, D – Voted against in line with ISS recommendation.

Bidvest Group Ltd South Africa AGM 21/11/16 B – Voted against in line with ISS recommendation.

Discovery Ltd South Africa AGM 21/11/16 B, G – Voted against in line with ISS recommendation.

Sasol Ltd South Africa AGM 21/11/16

FirstRand Ltd South Africa AGM 22/11/16 D – Voted against in line with ISS recommendation.

Woolworths Holdings Ltd South Africa AGM 23/11/16 B – Voted against in line with ISS recommendation.

Remgro Ltd South Africa AGM 24/11/16 A – Voted against in line with ISS recommendation.

First Gulf Bank UAE AGM 28/11/16

Aspen Pharmacare Holdings Plc South Africa AGM 29/11/16


Fund EGM 01/12/16


Fund AGM 01/12/16

Netcare Ltd South Africa AGM 26/01/17

Sappi Ltd South Africa AGM 31/01/17

Spar Group Ltd South Africa AGM 31/01/17 E – Voted against in line with ISS recommendation.

Redefine Properties Ltd South Africa AGM 03/02/17 B – Voted against in line with ISS recommendation.

EOH Holdings Ltd South Africa AGM 15/02/17 A x 2, E, G, J, Approve share incentive trust – Voted against in line with ISS recommendation.

First Gulf Bank UAE AGM 21/02/17 B – Voted against in line with ISS recommendation.

Abu Dhabi Commercial Bank UAE AGM 28/02/17 A – Voted against in line with ISS recommendation.

27

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR


Steinhoff International Holdings NV South Africa AGM 02/03/17 Supervisory board member election x 4, Authorise repurchase of issued share capital – Voted against in line with ISS recommendation.

Aldar Properties PJSC UAE AGM 13/03/17 B – Voted against in line with ISS recommendation.

Anglo American Platinum Ltd South Africa AGM 29/03/17

28

NORTH AMERICA

A Director election

B Stock option plan

C Advisory vote approving executive compensation

D Any other business

E Shareholder proposal – Adopt proxy access right

F Shareholder proposal – Amend bylaws to call special meetings

G Shareholder proposal – Approve / Adopt recapitalisation plan

H Shareholder proposal – Declassify board of directors

I Shareholder proposal – Environmental and social issue

J Shareholder proposal – Establish separate risk management committee

K Shareholder proposal – Executive compensation and disclosure

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

M Shareholder proposal – Provide for cumulative voting

N Shareholder proposal – Provide right to act by written consent

O Shareholder proposal – Reduce supermajority vote requirement

P Shareholder proposal – Require independent board chairman

Q Shareholder proposal – Require majority vote for elections

R Shareholder proposal – Stock retention/ Holding period


COMPANY

COUNTRY

MEETING TYPE

DATE VOTED

ISSUES VOTED FOR ISSUES VOTED AGAINST, ABSTAINED, OR CONTRARY TO ISS RECOMMENDATIONS

Schlumberger Ltd US AGM 05/04/16 C – Voted against in line with ISS recommendation.

The Bank of New York Mellon Corporation

US AGM 11/04/16 P – Voted against in line with ISS recommendation.

VCA Inc US AGM 13/04/16

Fastenal Company US AGM 18/04/16 A – Voted against in line with ISS recommendation.

Northern Trust Corporation US AGM 18/04/16

Public Service Enterprise Group Inc US AGM 18/04/16

PPG Industries US AGM 19/04/16 SP: Adopt policy giving preference to share buybacks over dividends – Voted against in line with ISS recommendation.

Canadian National Railway Co Canada AGM 22/04/16 Require audit committee to request proposals for audit engagement to be no less than every 8 years – Voted against in line with ISS recommendation.

Honeywell International Inc US AGM 22/04/16 C – Voted against in line with ISS recommendation. L, N, P - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Public Storage US AGM 22/04/16 A – Voted against in line with ISS recommendation.

Citigroup Inc US AGM 25/04/16 C, I, Establish stockholder value committee, Claw back of payments – Voted against in line with ISS recommendation. L, Limit accelerated vesting of equity awards - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

29

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED


EOG Resources Inc US AGM 25/04/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

Suncor Energy Inc Canada AGM 25/04/16 L - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Wells Fargo & Co US AGM 25/04/16 L, P – Voted against in line with ISS recommendation.

BCE Inc Canada AGM 26/04/16 I, SP: Reconstitution of compensation committee – Voted against in line with ISS recommendation.

General Electric Co US AGM 26/04/16 I x 2, M, P, Performance/time based equity awards – Voted against in line with ISS recommendation. L – Voted in favour, in line with ISS, contrary to management recommendation to vote against.

The Coca-Cola Co US AGM 26/04/16 I, L, Limit accelerated vesting of equity awards – Voted against in line with ISS recommendation.

Avery Dennison Corporation US AGM 27/04/16

Johnson & Johnson US AGM 27/04/16 I, L, Give preference to share buybacks over dividends – Voted against in line with ISS recommendation. P – Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Pfizer Inc US AGM 27/04/16 Give shareholders final say on director elections, Prohibit tax gross-ups on inversions – Voted against in line with ISS recommendation. L, N - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Snap-On Incorporated US AGM 27/04/16

AT&T Inc US AGM 28/04/16 L x 2 - Voted in favour, in line with ISS, contrary to management recommendation to vote against. P – Voted against in line with ISS recommendation.

Agrium Inc Canada AGM 29/04/16

Allergan Plc US AGM 29/04/16 A, C – Voted against in line with ISS recommendation. L, P - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Bristol-Myers Squibb Co US AGM 29/04/16 SP: Reduce ownership threshold for shareholder to call special meeting - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Eli Lilly and Co US AGM 29/04/16 I – Voted against in line with ISS recommendation.

Franco-Nevada Corporation Canada AGM 29/04/16

Loblaw Companies Ltd Canada AGM 29/04/16

Tractor Supply Co US AGM 29/04/16

Trimble Navigation Ltd US AGM 29/04/16 Change state of incorporation – Voted against in line with ISS recommendation.

Zimmer Biomet Holdings Inc US AGM 29/04/16

Eversource Energy US AGM 03/05/16

30

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED


PepsiCo Inc US AGM 03/05/16 I x 4 – Voted against in line with ISS recommendation.

Philip Morris International Inc US AGM 03/05/16 A, I – Voted against in line with ISS recommendation. I – Voted in favour, in line with ISS, contrary to management recommendation to vote against.

United Parcel Service Inc US AGM 04/05/16 I – Voted against in line with ISS recommendation. G, L – Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Verizon Communications Inc US AGM 04/05/16 I, P, R – Voted against in line with ISS recommendation. L x 2, SP: Submit severance agreement – Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Illinois Tool Works Inc US AGM 05/05/16 Exclude impact of stock buyback programs on the financial metrics on which CEO pay is based – Voted against in line with ISS recommendation.

Danaher Corporation US AGM 06/05/16 A x 3 – Voted against in line with ISS recommendation. F, L – Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Enbridge Inc Canada AGM 06/05/16 Require audit committee to request proposals for audit engagement to be no less than every 8 years – Voted against in line with ISS recommendation.

Gilead Sciences Inc US AGM 06/05/16 N – Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Masco Corporation US AGM 06/05/16

Wabtec Corporation US AGM 06/05/16

Edwards LifeSciences Corporation US AGM 11/05/16

The Dow Chemical Co US AGM 11/05/16 E – Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Union Pacific Corporation US AGM 11/05/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

The Ultimate Software Group Inc US AGM 12/05/16 C – Voted against in line with ISS recommendation.

Amazon.com Inc US AGM 16/05/16 I x 2 – Voted in favour, in line with ISS, contrary to management recommendation to vote against. L – Voted against in line with ISS recommendations.

JPMorgan Chase & Co US AGM 16/05/16 L, P – Voted in favour, in line with ISS, contrary to management recommendation to vote against. I, M, SP: Appoint committee to explore feasibility to divest non-core banking segments, SP: Clawback amendment – Voted against in line with ISS recommendations.

Mid-America Apartment Communities Inc

US AGM 16/05/16

CME Group Inc US AGM 17/05/16

31

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED


Fiserv Inc US AGM 17/05/16 E - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Pinnacle West Capital Corporation US AGM 17/05/16 L - Voted against, contrary to ISS recommendation to vote in favour. Vote error.

Altria Group Inc US AGM 18/05/16 I x 2 – Voted against in line with ISS recommendation.

Amgen Inc US AGM 18/05/16 Provide vote count to exclude abstentions – Voted against in line with ISS recommendation.

Crown Castle International Corporation US AGM 18/05/16

Lear Corporation US AGM 18/05/16

Martin Marietta Materials Inc US AGM 18/05/16

Mattel Inc US AGM 18/05/16 P - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Mohawk Industries Inc US AGM 18/05/16

The Home Depot Inc US AGM 18/05/16 I, Reduce threshold for shareholders to call special meetings - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Amphenol Corporation US AGM 24/05/16

Chevron Corporation US AGM 24/05/16 C, I x 3 – Voted against in line with ISS recommendations. F, I x 3, L - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Dollar General Corporation US AGM 24/05/16

Exxon Mobil Corporation US AGM 24/05/16 I x 3, Seek sale of company assets – Voted against in line with ISS recommendation. E, I x 4, L, P - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Juniper Networks Inc US AGM 24/05/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

The Southern Co US AGM 24/05/16 I x 2 - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

McDonald’s Corporation US AGM 25/05/16 I, L x 2, Provide vote count to exclude abstentions – Voted against in line with ISS recommendation. I, N – Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Henry Schein Inc US AGM 26/05/16

Ingersoll-Rand Plc US AGM 26/05/16

NXP Semiconductors NV US AGM 31/05/16

Concho Resources Inc US AGM 01/06/16

Salesforce.com Inc US AGM 01/06/16 C – Voted against in line with ISS recommendation. R, Pro-rata vesting of equity awards - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Dollarama Inc Canada AGM 02/06/16

32

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED


UnitedHealth Group Inc US AGM 02/06/16

Alphabet Inc US AGM 07/06/16 A x 3, B, Amend certificate of incorporation – Voted against in line with ISS recommendation. G, I, L x 2, P, Q - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Diamondback Energy Inc US AGM 07/06/16

Regeneron Pharmaceuticals Inc US AGM 09/06/16 A – Voted against in line with ISS recommendation.

Celgene Corporation US AGM 14/06/16 C, Amend bylaws – Voted against in line with ISS recommendation. E, F – Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Facebook Inc US AGM 14/06/16 A x 6, B x 3, C, I, Establish new class of capital stock, Increase authorised common stock – Voted against in line with ISS recommendation. I x 2, L, SP: Approve stock to have one vote per share – Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Constellation Brands Inc US AGM 18/07/16 A – Voted against in line with ISS recommendation.

The Dow Chemical Co US Special 18/07/16

Microchip Technology Inc US AGM 12/08/16

Range Resources Corporation US Special 14/09/16

Cintas Corporation US AGM 17/10/16 B – Voted against in line with ISS recommendation.

Maxim Integrated Products Inc US AGM 08/11/16 Adopt the jurisdiction of incorporation as the exclusive forum for certain disputes – Voted against in line with ISS recommendation.

Mid-America Apartment Communities Inc

US AGM 09/11/16 Stock sold – Abstained on all items as any action may be deemed prejudiced.

Sysco Corporation US AGM 15/11/16 SP: Pro rata vesting of equity awards – Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Microsoft Corporation US AGM 29/11/16 E - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Cisco Systems Inc US AGM 01/12/16 L - Voted in favour, in line with ISS, contrary to management recommendation to vote against. I x 2 – Voted against in line with ISS recommendation.

Diamondback Energy Inc US AGM 01/12/16

Medtronic Plc US AGM 01/12/16

Autozone Inc US AGM 08/12/16

Enbridge Inc Canada Special 08/12/16

Copart Inc US AGM 14/12/16

Jacobs Engineering Group Inc US AGM 17/01/17

Becton, Dickinson and Co US AGM 23/01/17 P – Voted against in line with ISS recommendation.

Air Products and Chemicals Inc US AGM 25/01/17

NXP Semiconductors NV US Special 25/01/17 Stock sold – Abstained on all items as any action may be deemed prejudiced.

33

COMPANY

COUNTRY

MEETING TYPE

DATE VOTED


CGI Group Inc US AGM 30/01/17 K, SP: Approve separate disclosure of voting results by classes of shares – Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Visa Inc US AGM 30/01/17

Raymond James Financial Inc US AGM 15/02/17

Apple Inc US AGM 27/02/17 I x 2, Engage outside independent experts for compensation reforms – Voted against in line with ISS recommendation. E, Adopt share retention policy for senior executives – Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Transdigm Group Inc US AGM 28/02/17

Applied Materials Inc US AGM 03/03/17

F5 Networks Inc US AGM 03/03/17

QUALCOMM Inc US AGM 03/03/17 E - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

The Walt Disney Co US AGM 03/03/17 E, L - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

Starbucks Corporation US AGM 21/03/17 E - Voted in favour, in line with ISS, contrary to management recommendation to vote against.

CORPORATE GOVERNANCE INTERNATIONAL 1st April 2016 … · C Stock option plan ... L Other business...

Documents

Transcript of CORPORATE GOVERNANCE INTERNATIONAL 1st April 2016 … · C Stock option plan ... L Other business...