BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

2019 Proxy Voting Record

July 1 – September 30, 2019 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. GAIL (India) Limited 532155 01-Jul-19 Special Management 1 Approve Issuance of Bonus Shares For For Nestle India Ltd. 500790 02-Jul-19 Special Management 1 Approve Reappointment and Remuneration of For For Shobinder Duggal as Whole Time Director, Designated as Executive Director-Finance & Control and Chief Financial Officer Shandong Weigao Group Medical Polymer 1066 02-Jul-19 Annual Management 1 Approve 2018 Audited Consolidated Financial For For Company Limited Statements Shandong Weigao Group Medical Polymer 1066 02-Jul-19 Special Management 1 Amend Articles of Association For For Company Limited Shandong Weigao Group Medical Polymer 1066 02-Jul-19 Annual Management 2 Approve 2018 Report of the Board of Directors For For Company Limited Shandong Weigao Group Medical Polymer 1066 02-Jul-19 Annual Management 3 Approve 2018 Report of the Supervisory Committee For For Company Limited Shandong Weigao Group Medical Polymer 1066 02-Jul-19 Annual Management 4 Approve Final Dividend For For Company Limited Shandong Weigao Group Medical Polymer 1066 02-Jul-19 Annual Management 5 Approve Deloitte Touche Tohmatsu as Auditor and For Against The auditor's tenure is not disclosed. Company Limited Authorize Board to Fix Their Remuneration Shandong Weigao Group Medical Polymer 1066 02-Jul-19 Annual Management 6 Authorize Board to Fix Remuneration of Directors, For For Company Limited Supervisors and Senior Management Shandong Weigao Group Medical Polymer 1066 02-Jul-19 Annual Management 7 Elect Gong Jian Bo as Director For Against We do not support insiders on the board other than Company Limited the CEO and Executive Chair. Shandong Weigao Group Medical Polymer 1066 02-Jul-19 Annual Management 8 Elect Fu Ming Zhong as Director For Against We are holding the members of the Nomination Company Limited Committee accountable for failing to ensure that all key board committees are fully independent. Shandong Weigao Group Medical Polymer 1066 02-Jul-19 Annual Management 9 Elect Wang Jin Xia as Director For Against We are holding the members of the Nomination Company Limited Committee accountable for failing to ensure that all key board committees are fully independent. Shandong Weigao Group Medical Polymer 1066 02-Jul-19 Annual Management 10 Approve Issuance of Equity or Equity-Linked For Against We do not support this general purpose share Company Limited Securities without Preemptive Rights for H Shares issuance due to dilution and as it lacks pre-emptive rights. Shandong Weigao Group Medical Polymer 1066 02-Jul-19 Annual Management 11 Authorize Repurchase of Issued H Share Capital For For Company Limited Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 1 Approve Financial Statements and Statutory For For ecial Reports Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 2 Approve Allocation of Income and Absence of For For ecial Dividends Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 3 Approve Consolidated Financial Statements and For For ecial Statutory Reports

Prepared by: Public Markets Sept. 30, 2019 1 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 4 Approve Auditors' Special Report on Related-Party For For ecial Transactions Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 5 Approve Compensation of Yves Guillemot, For For ecial Chairman and CEO Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 6 Approve Compensation of Claude Guillemot, Vice- For For ecial CEO Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 7 Approve Compensation of Michel Guillemot, Vice- For For ecial CEO Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 8 Approve Compensation of Gerard Guillemot, Vice- For For ecial CEO Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 9 Approve Compensation of Christian Guillemot, Vice- For For ecial CEO Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 10 Approve Remuneration Policy for Chairman and For For ecial CEO Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 11 Approve Remuneration Policy for Vice-CEOs For For ecial Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 12 Reelect Virginie Haas as Director For For ecial Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 13 Reelect Corinne Fernandez-Handelsman as Director For For ecial Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 14 Renew Appointment of KPMG SA as Auditor For For ecial Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 15 Acknowledge End of Mandate of KPMG Audit IS SAS For For ecial as Alternate Auditor and Decision to Neither Replace Nor Renew Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 16 Authorize Repurchase of Up to 10 Percent of Issued For For ecial Share Capital Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 17 Authorize Decrease in Share Capital via Cancellation For For ecial of Repurchased Shares Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 18 Authorize Capitalization of Reserves of Up to EUR For For ecial 10 Million for Bonus Issue or Increase in Par Value

Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 19 Authorize Issuance of Equity or Equity-Linked For For ecial Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 1.45 Million Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 20 Authorize Issuance of Equity or Equity-Linked For For ecial Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 850,000

Prepared by: Public Markets Sept. 30, 2019 2 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 21 Approve Issuance of Equity or Equity-Linked For For ecial Securities for Private Placements, up to Aggregate Nominal Amount of EUR 850,000 Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 22 Authorize Board to Set Issue Price for 10 Percent For For ecial Per Year of Issued Capital Pursuant to Issue Authority without Preemptive Rights Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 23 Authorize Capital Increase of up to 10 Percent of For For ecial Issued Capital for Contributions in Kind Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 24 Authorize Capital Issuances for Use in Employee For For ecial Stock Purchase Plans Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 25 Authorize Capital Issuances for Use in Employee For For ecial Stock Purchase Plans (International Subsidiaries) Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 26 Authorize Capital Issuances for Use in Employee For For ecial Stock Purchase Plans, Reserved for Employees and Corporate Officers of International Subsidiaries (Specific Countries) Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 27 Authorize up to 2 Percent of Issued Capital for Use For For ecial in Restricted Stock Plans Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 28 Set Total Limit for Capital Increase to Result from For For ecial Issuance Requests Under Items 19 to 27 at EUR 4 Million Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 29 Amend Article 8 of Bylaws Re: Employee For For ecial Representative Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 30 Amend Article 14 of Bylaws Re: Auditors For For ecial Ubisoft Entertainment SA UBI 02-Jul-19 Annual/Sp Management 31 Authorize Filing of Required Documents/Other For For ecial Formalities Chongqing Fuling Electric Power Co., Ltd. 600452 03-Jul-19 Special Management 1 Approve Appointment of Financial Auditor For For JD Sports Fashion Plc JD 03-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

JD Sports Fashion Plc JD 03-Jul-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. JD Sports Fashion Plc JD 03-Jul-19 Annual Management 3 Approve Final Dividend For For

Prepared by: Public Markets Sept. 30, 2019 3 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. JD Sports Fashion Plc JD 03-Jul-19 Annual Management 4 Re-elect Peter Cowgill as Director For Against We are not supportive of non-independent directors sitting on key board committees. We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. This director is overboarded. We are holding certain directors accountable for lack of risk oversight that led to major controversies. JD Sports Fashion Plc JD 03-Jul-19 Annual Management 5 Re-elect Neil Greenhalgh as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. JD Sports Fashion Plc JD 03-Jul-19 Annual Management 6 Re-elect Andrew Leslie as Director For Against We are holding certain directors accountable for ratifying what we believe to be problematic compensation issues. JD Sports Fashion Plc JD 03-Jul-19 Annual Management 7 Re-elect Martin Davies as Director For For JD Sports Fashion Plc JD 03-Jul-19 Annual Management 8 Re-elect Heather Jackson as Director For For JD Sports Fashion Plc JD 03-Jul-19 Annual Management 9 Re-elect Kath Smith as Director For For JD Sports Fashion Plc JD 03-Jul-19 Annual Management 10 Re-elect Andrew Rubin as Director For For JD Sports Fashion Plc JD 03-Jul-19 Annual Management 11 Approve Grant of Special Bonus to Peter Cowgill For Against The director remuneration plan does not meet our guidelines. JD Sports Fashion Plc JD 03-Jul-19 Annual Management 12 Reappoint KPMG LLP as Auditors For Against The auditor's tenure exceeds our guidelines. JD Sports Fashion Plc JD 03-Jul-19 Annual Management 13 Authorise the Audit Committee to Fix Remuneration For Against The auditor's tenure exceeds our guidelines. of Auditors JD Sports Fashion Plc JD 03-Jul-19 Annual Management 14 Authorise EU Political Donations and Expenditure For For JD Sports Fashion Plc JD 03-Jul-19 Annual Management 15 Authorise the Company to Call General Meeting For For with Two Weeks' Notice Korea Gas Corp. 036460 03-Jul-19 Special Management 1.1 Elect Kim Young-du as Inside Director (CEO) For For Korea Gas Corp. 036460 03-Jul-19 Special Management 1.2 Elect Chae Hui-bong as Inside Director (CEO) For Do Not We believe support for the other nominee is in the Vote best interests of shareholders. Korea Gas Corp. 036460 03-Jul-19 Special Management 2 Amend Articles of Incorporation For For voestalpine AG VOE 03-Jul-19 Annual Management 1 Receive Financial Statements and Statutory Reports None None for Fiscal 2018/19 (Non-Voting) voestalpine AG VOE 03-Jul-19 Annual Management 2 Approve Allocation of Income and Dividends of EUR For For 1.10 per Share voestalpine AG VOE 03-Jul-19 Annual Management 3 Approve Discharge of Management Board for Fiscal For For 2018/19 voestalpine AG VOE 03-Jul-19 Annual Management 4 Approve Discharge of Supervisory Board for Fiscal For For 2018/19 voestalpine AG VOE 03-Jul-19 Annual Management 5 Ratify Deloitte as Auditors for Fiscal 2019/20 For Against The auditor's tenure exceeds our guidelines.

Prepared by: Public Markets Sept. 30, 2019 4 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. voestalpine AG VOE 03-Jul-19 Annual Management 6.1 Elect Joachim Lemppenau as Supervisory Board For Against We are holding the Chair of the Nomination Member Committee accountable for failing to ensure that all key board committees are fully independent. voestalpine AG VOE 03-Jul-19 Annual Management 6.2 Elect Franz Gasselsberger as Supervisory Board For Against This director is overboarded. Member voestalpine AG VOE 03-Jul-19 Annual Management 6.3 Elect Heinrich Schaller as Supervisory Board For Against We are not supportive of non-independent Member directors sitting on key board committees.Since the board's overall independence level does not meet our guidelines, we are voting against all non- independent directors on the ballot, except the CEO. voestalpine AG VOE 03-Jul-19 Annual Management 6.4 Elect Wolfgang Eder as Supervisory Board Member For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. voestalpine AG VOE 03-Jul-19 Annual Management 6.5 Elect Ingrid Joerg as Supervisory Board Member For For voestalpine AG VOE 03-Jul-19 Annual Management 6.6 Elect Florian Khol as Supervisory Board Member For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. voestalpine AG VOE 03-Jul-19 Annual Management 6.7 Elect Maria Kubitschek as Supervisory Board For For Member voestalpine AG VOE 03-Jul-19 Annual Management 6.8 Elect Elisabeth Stadler as Supervisory Board For For Member voestalpine AG VOE 03-Jul-19 Annual Management 7 Authorize Share Repurchase Program and For For Reissuance or Cancellation of Repurchased Shares

voestalpine AG VOE 03-Jul-19 Annual Management 8 Approve Creation of EUR 64.9 Million Pool of For For Capital with Preemptive Rights voestalpine AG VOE 03-Jul-19 Annual Management 9 Approve Creation of EUR 32.4 Million Pool of For Against We do not support this general purpose share Capital without Preemptive Rights issuance due to dilution and as it lacks pre-emptive rights. voestalpine AG VOE 03-Jul-19 Annual Management 10 Approve Issuance of Warrants/Bonds with Warrants For Against We do not support this general purpose share Attached/Convertible Bonds without Preemptive issuance due to dilution and as it lacks pre-emptive Rights up to Aggregate Nominal Amount of EUR 500 rights. Million voestalpine AG VOE 03-Jul-19 Annual Management 11 Approve Creation of EUR 32.4 Million Pool of For Against We do not support this general purpose share Capital to Guarantee Conversion Rights issuance due to dilution and as it lacks pre-emptive rights.

Prepared by: Public Markets Sept. 30, 2019 5 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Wen's Foodstuffs Group Co., Ltd. 300498 03-Jul-19 Special Management 1 Approve Repurchase and Cancellation of For For Performance Shares Wen's Foodstuffs Group Co., Ltd. 300498 03-Jul-19 Special Management 2 Approve Change in Registered Capital and For For Amendments to Articles of Association J Sainsbury Plc SBRY 04-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

J Sainsbury Plc SBRY 04-Jul-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. J Sainsbury Plc SBRY 04-Jul-19 Annual Management 3 Approve Final Dividend For For J Sainsbury Plc SBRY 04-Jul-19 Annual Management 4 Elect Martin Scicluna as Director For For J Sainsbury Plc SBRY 04-Jul-19 Annual Management 5 Re-elect Matt Brittin as Director For For J Sainsbury Plc SBRY 04-Jul-19 Annual Management 6 Re-elect Brian Cassin as Director For For J Sainsbury Plc SBRY 04-Jul-19 Annual Management 7 Re-elect Mike Coupe as Director For For J Sainsbury Plc SBRY 04-Jul-19 Annual Management 8 Re-elect Jo Harlow as Director For For J Sainsbury Plc SBRY 04-Jul-19 Annual Management 9 Re-elect David Keens as Director For For J Sainsbury Plc SBRY 04-Jul-19 Annual Management 10 Re-elect Kevin O'Byrne as Director For Against We do not support insiders on the board other than the CEO. J Sainsbury Plc SBRY 04-Jul-19 Annual Management 11 Re-elect Dame Susan Rice as Director For For J Sainsbury Plc SBRY 04-Jul-19 Annual Management 12 Re-elect John Rogers as Director For Against We do not support insiders on the board other than the CEO. J Sainsbury Plc SBRY 04-Jul-19 Annual Management 13 Re-elect Jean Tomlin as Director For For J Sainsbury Plc SBRY 04-Jul-19 Annual Management 14 Reappoint Ernst & Young LLP as Auditors For For J Sainsbury Plc SBRY 04-Jul-19 Annual Management 15 Authorise the Audit Committee to Fix Remuneration For For of Auditors J Sainsbury Plc SBRY 04-Jul-19 Annual Management 16 Authorise Issue of Equity For For J Sainsbury Plc SBRY 04-Jul-19 Annual Management 17 Authorise Issue of Equity without Pre-emptive For For Rights J Sainsbury Plc SBRY 04-Jul-19 Annual Management 18 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment J Sainsbury Plc SBRY 04-Jul-19 Annual Management 19 Authorise EU Political Donations and Expenditure For For J Sainsbury Plc SBRY 04-Jul-19 Annual Management 20 Authorise Market Purchase Ordinary Shares For For J Sainsbury Plc SBRY 04-Jul-19 Annual Management 21 Authorise the Company to Call General Meeting For For with Two Weeks' Notice Yihai International Holding Ltd. 1579 04-Jul-19 Special Management 1 Approve Shuhai Purchase Agreement, Relevant For For Annual Caps and Related Transactions

Prepared by: Public Markets Sept. 30, 2019 6 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Yihai International Holding Ltd. 1579 04-Jul-19 Special Management 2 Approve Proposed Revision of Annual Caps Under For For the Shuhai Sales Agreement Yihai International Holding Ltd. 1579 04-Jul-19 Special Management 3 Approve Proposed Revision of Annual Caps Under For For the Hot Pot Soup Flavouring Products Sales Agreement HORNBACH Holding AG & Co. KGaA HBH 05-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For for Fiscal 2018/19 HORNBACH Holding AG & Co. KGaA HBH 05-Jul-19 Annual Management 2 Approve Allocation of Income and Dividends of EUR For For 1.50 per Ordinary Share HORNBACH Holding AG & Co. KGaA HBH 05-Jul-19 Annual Management 3 Approve Discharge of Personally Liable Partner for For For Fiscal 2018/2019 HORNBACH Holding AG & Co. KGaA HBH 05-Jul-19 Annual Management 4 Approve Discharge of Supervisory Board for Fiscal For For 2018/2019 HORNBACH Holding AG & Co. KGaA HBH 05-Jul-19 Annual Management 5 Ratify Deloitte GmbH as Auditors for Fiscal For Against The auditor's tenure exceeds our guidelines. 2019/2020 Magazine Luiza SA MGLU3 05-Jul-19 Special Management 1 Amend Articles and Consolidate Bylaws For For Ascendas Real Estate Investment Trust A17U 09-Jul-19 Annual Management 1 Adopt Report of the Trustee, Statement by the For For Manager, Audited Financial Statements and Auditors' Report Ascendas Real Estate Investment Trust A17U 09-Jul-19 Annual Management 2 Approve Ernst & Young LLP as Auditors and For For Authorize Manager to Fix Their Remuneration Ascendas Real Estate Investment Trust A17U 09-Jul-19 Annual Management 3 Approve Issuance of Equity or Equity-Linked For For Securities with or without Preemptive Rights Ascendas Real Estate Investment Trust A17U 09-Jul-19 Annual Management 4 Authorize Unit Repurchase Program For For AZZ Inc. AZZ 09-Jul-19 Annual Management 1.1 Elect Director Daniel E. Berce For For AZZ Inc. AZZ 09-Jul-19 Annual Management 1.2 Elect Director Paul Eisman For For AZZ Inc. AZZ 09-Jul-19 Annual Management 1.3 Elect Director Daniel R. Feehan For Withhold We are holding the Chair of the Nomination Committee accountable for inadequate gender diversity on the board. AZZ Inc. AZZ 09-Jul-19 Annual Management 1.4 Elect Director Thomas E. Ferguson For For AZZ Inc. AZZ 09-Jul-19 Annual Management 1.5 Elect Director Kevern R. Joyce For For AZZ Inc. AZZ 09-Jul-19 Annual Management 1.6 Elect Director Venita McCellon-Allen For For AZZ Inc. AZZ 09-Jul-19 Annual Management 1.7 Elect Director Ed McGough For For AZZ Inc. AZZ 09-Jul-19 Annual Management 1.8 Elect Director Stephen E. Pirnat For For AZZ Inc. AZZ 09-Jul-19 Annual Management 1.9 Elect Director Steven R. Purvis For For AZZ Inc. AZZ 09-Jul-19 Annual Management 2 Advisory Vote to Ratify Named Executive Officers' For For Compensation AZZ Inc. AZZ 09-Jul-19 Annual Management 3 Ratify Grant Thornton LLP as Auditor For For

Prepared by: Public Markets Sept. 30, 2019 7 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Dell Technologies Inc. DELL 09-Jul-19 Annual Management 1.1 Elect Director Michael S. Dell For Withhold We are not supportive of non-independent directors sitting on key board committees. We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Dell Technologies Inc. DELL 09-Jul-19 Annual Management 1.2 Elect Director David W. Dorman For For Dell Technologies Inc. DELL 09-Jul-19 Annual Management 1.3 Elect Director Egon Durban For Withhold We are not supportive of non-independent directors sitting on key board committees. Dell Technologies Inc. DELL 09-Jul-19 Annual Management 1.4 Elect Director William D. Green For For Dell Technologies Inc. DELL 09-Jul-19 Annual Management 1.5 Elect Director Ellen J. Kullman For For Dell Technologies Inc. DELL 09-Jul-19 Annual Management 1.6 Elect Director Simon Patterson For For Dell Technologies Inc. DELL 09-Jul-19 Annual Management 1.7 Elect Director Lynn M. Vojvodich For For Dell Technologies Inc. DELL 09-Jul-19 Annual Management 2 Ratify PricewaterhouseCoopers LLP as Auditors For Against The auditor's tenure exceeds our guidelines. Dell Technologies Inc. DELL 09-Jul-19 Annual Management 3 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance and contains features that are not in line with best practice. Dell Technologies Inc. DELL 09-Jul-19 Annual Management 4 Amend Omnibus Stock Plan For Against The omnibus stock plan does not meet our guidelines. Kingfisher Plc KGF 09-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Kingfisher Plc KGF 09-Jul-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Kingfisher Plc KGF 09-Jul-19 Annual Management 3 Approve Remuneration Policy For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Kingfisher Plc KGF 09-Jul-19 Annual Management 4 Approve Final Dividend For For Kingfisher Plc KGF 09-Jul-19 Annual Management 5 Elect Claudia Arney as Director For For Kingfisher Plc KGF 09-Jul-19 Annual Management 6 Elect Sophie Gasperment as Director For For Kingfisher Plc KGF 09-Jul-19 Annual Management 7 Re-elect Andrew Cosslett as Director For For Kingfisher Plc KGF 09-Jul-19 Annual Management 8 Re-elect Jeff Carr as Director For For Kingfisher Plc KGF 09-Jul-19 Annual Management 9 Re-elect Pascal Cagni as Director For For Kingfisher Plc KGF 09-Jul-19 Annual Management 10 Re-elect Clare Chapman as Director For For Kingfisher Plc KGF 09-Jul-19 Annual Management 11 Re-elect Rakhi Goss-Custard as Director For For Kingfisher Plc KGF 09-Jul-19 Annual Management 12 Re-elect Veronique Laury as Director For For

Prepared by: Public Markets Sept. 30, 2019 8 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Kingfisher Plc KGF 09-Jul-19 Annual Management 13 Re-elect Mark Seligman as Director For For Kingfisher Plc KGF 09-Jul-19 Annual Management 14 Reappoint Deloitte LLP as Auditors For For Kingfisher Plc KGF 09-Jul-19 Annual Management 15 Authorise the Audit Committee to Fix Remuneration For For of Auditors Kingfisher Plc KGF 09-Jul-19 Annual Management 16 Authorise EU Political Donations and Expenditure For For Kingfisher Plc KGF 09-Jul-19 Annual Management 17 Authorise Issue of Equity For For Kingfisher Plc KGF 09-Jul-19 Annual Management 18 Authorise Issue of Equity without Pre-emptive For For Rights Kingfisher Plc KGF 09-Jul-19 Annual Management 19 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Kingfisher Plc KGF 09-Jul-19 Annual Management 20 Authorise Market Purchase of Ordinary Shares For For Kingfisher Plc KGF 09-Jul-19 Annual Management 21 Authorise the Company to Call General Meeting For For with Two Weeks' Notice Lenovo Group Limited 992 09-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Lenovo Group Limited 992 09-Jul-19 Annual Management 2 Approve Final Dividend For For Lenovo Group Limited 992 09-Jul-19 Annual Management 3a Elect Zhu Linan as Director For Against This director is overboarded.We are voting against this director due to concerns over tenure. Lenovo Group Limited 992 09-Jul-19 Annual Management 3b Elect Yang Chih-Yuan Jerry as Director For For Lenovo Group Limited 992 09-Jul-19 Annual Management 3c Elect Gordon Robert Halyburton Orr as Director For For Lenovo Group Limited 992 09-Jul-19 Annual Management 3d Elect Woo Chin Wan Raymond as Director For For Lenovo Group Limited 992 09-Jul-19 Annual Management 3e Authorize Board Not to Fill Up Vacated Office For For Resulting From Retirement of Tian Suning as Director Lenovo Group Limited 992 09-Jul-19 Annual Management 3f Authorize Board to Fix Remuneration of Directors For For Lenovo Group Limited 992 09-Jul-19 Annual Management 4 Approve PricewaterhouseCoopers as Auditor and For Against We are voting against the appointment of the audit Authorize Board to Fix Their Remuneration firm as the non-audit fees exceed our guidelines.The auditor's tenure is not disclosed. Lenovo Group Limited 992 09-Jul-19 Annual Management 5 Approve Issuance of Equity or Equity-Linked For Against We do not support this general purpose share Securities without Preemptive Rights issuance due to dilution and as it lacks pre-emptive rights. Lenovo Group Limited 992 09-Jul-19 Annual Management 6 Authorize Repurchase of Issued Share Capital For For Lenovo Group Limited 992 09-Jul-19 Annual Management 7 Authorize Reissuance of Repurchased Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Lenovo Group Limited 992 09-Jul-19 Annual Management 8 Approve Award Plans and California Sub-Plans For Against The award plans and california sub-plans does not meet our guidelines.

Prepared by: Public Markets Sept. 30, 2019 9 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 3 Approve Final Dividend For For Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 4 Re-elect Archie Norman as Director For For Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 5 Re-elect Steve Rowe as Director For For Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 6 Re-elect Humphrey Singer as Director For Against We do not support insiders on the board other than the CEO. Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 7 Re-elect Katie Bickerstaffe as Director For For Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 8 Re-elect Alison Brittain as Director For For Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 9 Re-elect Andrew Fisher as Director For For Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 10 Re-elect Andy Halford as Director For For Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 11 Re-elect Pip McCrostie as Director For For Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 12 Elect Justin King as Director For For Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 13 Reappoint Deloitte LLP as Auditors For For Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 14 Authorise the Audit Committee to Fix Remuneration For For of Auditors Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 15 Authorise Issue of Equity For For Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 16 Authorise Issue of Equity without Pre-emptive For For Rights Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 17 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 18 Authorise Market Purchase of Ordinary Shares For For Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 19 Authorise the Company to Call General Meeting For For with Two Weeks' Notice Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 20 Authorise EU Political Donations and Expenditure For For Marks & Spencer Group Plc MKS 09-Jul-19 Annual Management 21 Approve ROI Sharesave Plan For Against The employee stock purchase plan does not meet our guidelines. Alibaba Health Information Technology Limited 241 10-Jul-19 Special Management 1 Approve Ali JK Subscription Agreement and Related For For Transactions Alibaba Health Information Technology Limited 241 10-Jul-19 Special Management 2 Approve Antfin Subscription Agreement and Related For For Transactions Alibaba Health Information Technology Limited 241 10-Jul-19 Special Management 3 Approve Grant of Specific Mandate to Issue Shares For For in Accordance With the Terms of the Subscription Agreements

Prepared by: Public Markets Sept. 30, 2019 10 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Alibaba Health Information Technology Limited 241 10-Jul-19 Special Management 4 Approve Ali JK Subscription Agreement, Antfin For For Subscription Agreement and Related Transactions Alibaba Health Information Technology Ltd. 241 10-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Alibaba Health Information Technology Ltd. 241 10-Jul-19 Annual Management 2a1 Elect Wang Lei as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Alibaba Health Information Technology Ltd. 241 10-Jul-19 Annual Management 2a2 Elect Xu Hong as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Alibaba Health Information Technology Ltd. 241 10-Jul-19 Annual Management 2a3 Elect Luo Tong as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Alibaba Health Information Technology Ltd. 241 10-Jul-19 Annual Management 2a4 Elect Wong King On, Samuel as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Alibaba Health Information Technology Ltd. 241 10-Jul-19 Annual Management 2a5 Elect Huang Yi Fei, (Vanessa) as Director For For Alibaba Health Information Technology Ltd. 241 10-Jul-19 Annual Management 2b Authorize Board to Fix Remuneration of Directors For For Alibaba Health Information Technology Ltd. 241 10-Jul-19 Annual Management 3 Approve Ernst & Young as Auditors and Authorize For Against We are voting against the appointment of the audit Board to Fix Their Remuneration firm as the non-audit fees exceed our guidelines.

Alibaba Health Information Technology Ltd. 241 10-Jul-19 Annual Management 4 Approve Issuance of Equity or Equity-Linked For Against We do not support this general purpose share Securities without Preemptive Rights issuance due to dilution and as it lacks pre-emptive rights. Alibaba Health Information Technology Ltd. 241 10-Jul-19 Annual Management 5 Authorize Repurchase of Issued Share Capital For For Alibaba Health Information Technology Ltd. 241 10-Jul-19 Annual Management 6 Authorize Reissuance of Repurchased Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Alibaba Health Information Technology Ltd. 241 10-Jul-19 Annual Management 7 Approve Specific Mandate to Grant Awards of For Against The stock option plan does not meet our guidelines. Options and/or Restricted Share Units Under the Share Award Scheme Alstom SA ALO 10-Jul-19 Annual/Sp Management 1 Approve Financial Statements and Statutory For For ecial Reports Alstom SA ALO 10-Jul-19 Annual/Sp Management 2 Approve Consolidated Financial Statements and For For ecial Statutory Reports Alstom SA ALO 10-Jul-19 Annual/Sp Management 3 Approve Allocation of Income and Dividends of EUR For For ecial 5.50 per Share

Prepared by: Public Markets Sept. 30, 2019 11 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Alstom SA ALO 10-Jul-19 Annual/Sp Management 4 Reelect Henri Poupart-Lafarge as Director For Against We are voting against the Chair of the Nomination ecial Committee as we are not supportive of recombining the position of Chair and CEO. Alstom SA ALO 10-Jul-19 Annual/Sp Management 5 Reelect Sylvie Kande de Beaupuy as Director For For ecial Alstom SA ALO 10-Jul-19 Annual/Sp Management 6 Reelect Sylvie Rucar as Director For Against We are holding the members of the Nomination ecial Committee accountable for failing to ensure that all key board committees are fully independent. Alstom SA ALO 10-Jul-19 Annual/Sp Management 7 Approve Non-Compete Agreement with Henri For For ecial Poupart-Lafarge Alstom SA ALO 10-Jul-19 Annual/Sp Management 8 Approve Pension Scheme Agreement with Henri For For ecial Poupart-Lafarge Alstom SA ALO 10-Jul-19 Annual/Sp Management 9 Approve Compensation of Chairman and CEO For Against We are voting against this advisory vote on ecial executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Alstom SA ALO 10-Jul-19 Annual/Sp Management 10 Approve Remuneration Policy of Chairman and CEO For Against We are voting against this advisory vote on ecial executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Alstom SA ALO 10-Jul-19 Annual/Sp Management 11 Authorize Repurchase of Up to 10 Percent of Issued For For ecial Share Capital Alstom SA ALO 10-Jul-19 Annual/Sp Management 12 Authorize Capital Issuances for Use in Employee For Against The employee stock purchase plan does not meet ecial Stock Purchase Plans our guidelines. Alstom SA ALO 10-Jul-19 Annual/Sp Management 13 Authorize Capital Issuances for Use in Employee For Against The employee stock purchase plan does not meet ecial Stock Purchase Plans Reserved for Employees of the our guidelines. Group's Subsidiaries Alstom SA ALO 10-Jul-19 Annual/Sp Management 14 Authorize up to 5 Million Shares for Use in For For ecial Restricted Stock Plans Alstom SA ALO 10-Jul-19 Annual/Sp Management 15 Authorize Filing of Required Documents/Other For For ecial Formalities Aritzia Inc. ATZ 10-Jul-19 Annual Management 1a Elect Director Brian Hill For For Aritzia Inc. ATZ 10-Jul-19 Annual Management 1b Elect Director Jennifer Wong For Withhold We do not support insiders on the board other than the CEO. Aritzia Inc. ATZ 10-Jul-19 Annual Management 1c Elect Director Aldo Bensadoun For For Aritzia Inc. ATZ 10-Jul-19 Annual Management 1d Elect Director John E. Currie For For Aritzia Inc. ATZ 10-Jul-19 Annual Management 1e Elect Director Ryan Holmes For For Aritzia Inc. ATZ 10-Jul-19 Annual Management 1f Elect Director David Labistour For For Aritzia Inc. ATZ 10-Jul-19 Annual Management 1g Elect Director John Montalbano For For

Prepared by: Public Markets Sept. 30, 2019 12 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Aritzia Inc. ATZ 10-Jul-19 Annual Management 1h Elect Director Marni Payne For Withhold We are holding the Chair of the Governance Committee accountable for not providing an annual advisory vote on executive compensation. Aritzia Inc. ATZ 10-Jul-19 Annual Management 1i Elect Director Glen Senk For For Aritzia Inc. ATZ 10-Jul-19 Annual Management 1j Elect Director Marcia Smith For For Aritzia Inc. ATZ 10-Jul-19 Annual Management 2 Approve PricewaterhouseCoopers LLP as Auditors For For and Authorize Board to Fix Their Remuneration BT Group Plc BT.A 10-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

BT Group Plc BT.A 10-Jul-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. BT Group Plc BT.A 10-Jul-19 Annual Management 3 Approve Final Dividend For For BT Group Plc BT.A 10-Jul-19 Annual Management 4 Re-elect Jan du Plessis as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. BT Group Plc BT.A 10-Jul-19 Annual Management 5 Re-elect Simon Lowth as Director For Against We do not support insiders on the board other than the CEO. BT Group Plc BT.A 10-Jul-19 Annual Management 6 Re-elect Iain Conn as Director For For BT Group Plc BT.A 10-Jul-19 Annual Management 7 Re-elect Tim Hottges as Director For Against We are not supportive of non-independent directors sitting on key board committees.This director is overboarded. BT Group Plc BT.A 10-Jul-19 Annual Management 8 Re-elect Isabel Hudson as Director For For BT Group Plc BT.A 10-Jul-19 Annual Management 9 Re-elect Mike Inglis as Director For For BT Group Plc BT.A 10-Jul-19 Annual Management 10 Re-elect Nick Rose as Director For For BT Group Plc BT.A 10-Jul-19 Annual Management 11 Re-elect Jasmine Whitbread as Director For For BT Group Plc BT.A 10-Jul-19 Annual Management 12 Elect Philip Jansen as Director For For BT Group Plc BT.A 10-Jul-19 Annual Management 13 Elect Matthew Key as Director For For BT Group Plc BT.A 10-Jul-19 Annual Management 14 Elect Allison Kirkby as Director For For BT Group Plc BT.A 10-Jul-19 Annual Management 15 Reappoint KPMG LLP as Auditors For For BT Group Plc BT.A 10-Jul-19 Annual Management 16 Authorise the Audit and Risk Committee to Fix For For Remuneration of Auditors BT Group Plc BT.A 10-Jul-19 Annual Management 17 Authorise Issue of Equity For For BT Group Plc BT.A 10-Jul-19 Annual Management 18 Authorise Issue of Equity without Pre-emptive For For Rights BT Group Plc BT.A 10-Jul-19 Annual Management 19 Authorise Market Purchase of Ordinary Shares For For BT Group Plc BT.A 10-Jul-19 Annual Management 20 Authorise the Company to Call General Meeting For For with Two Weeks' Notice

Prepared by: Public Markets Sept. 30, 2019 13 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. BT Group Plc BT.A 10-Jul-19 Annual Management 21 Authorise EU Political Donations and Expenditure For For Ellaktor SA ELLAKTO 11-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For R Ellaktor SA ELLAKTO 11-Jul-19 Annual Management 2 Approve Discharge of Board and Auditors For For R Ellaktor SA ELLAKTO 11-Jul-19 Annual Management 3 Approve Auditors and Fix Their Remuneration For For R Ellaktor SA ELLAKTO 11-Jul-19 Annual Management 4 Approve Remuneration of Directors For For R Ellaktor SA ELLAKTO 11-Jul-19 Annual Management 5 Approve Remuneration Policy For For R Ellaktor SA ELLAKTO 11-Jul-19 Annual Management 6 Authorize Board to Participate in Companies with For For R Similar Business Interests Ellaktor SA ELLAKTO 11-Jul-19 Annual Management 7 Approve Guarantees to Subsidiaries For For R Ellaktor SA ELLAKTO 11-Jul-19 Annual Management 8 Amend Company Articles For For R Ellaktor SA ELLAKTO 11-Jul-19 Annual Management 9 Reclassify Iordanis Aivazis from NI-NED to I-NED For Against This proposal is not in shareholders' best interests. R Ellaktor SA ELLAKTO 11-Jul-19 Annual Management 10 Various Announcements None None R Emera Incorporated EMA 11-Jul-19 Special Management 1 Amend Articles Re: Removal of 25 Percent For For Restrictions Relating to Share Ownership and Voting Rights by Non-Canadian Resident Shareholder

Emera Incorporated EMA 11-Jul-19 Special Management 2 The Undersigned Hereby Certifies that the Shares None For Represented by this Proxy are Owned and Controlled by a Canadian. Vote FOR = Yes and ABSTAIN = No. A Vote Against will be treated as not voted. Johnson Electric Holdings Ltd. 179 11-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Johnson Electric Holdings Ltd. 179 11-Jul-19 Annual Management 2 Approve Final Dividend For For Johnson Electric Holdings Ltd. 179 11-Jul-19 Annual Management 3 Authorize Repurchase of Issued Share Capital For For Johnson Electric Holdings Ltd. 179 11-Jul-19 Annual Management 4a Elect Yik-Chun Koo Wang as Director For Against We are voting against this director for missing more than 25 percent of scheduled meetings without a satisfactory reason.We are voting against this director due to concerns over tenure.

Prepared by: Public Markets Sept. 30, 2019 14 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Johnson Electric Holdings Ltd. 179 11-Jul-19 Annual Management 4b Elect Peter Stuart Allenby Edwards as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are holding the Chair of the Nomination Committee accountable for not having addressed the CEO's overboarding. Johnson Electric Holdings Ltd. 179 11-Jul-19 Annual Management 4c Elect Michael John Enright as Director For For Johnson Electric Holdings Ltd. 179 11-Jul-19 Annual Management 4d Elect Catherine Annick Caroline Bradley as Director For For

Johnson Electric Holdings Ltd. 179 11-Jul-19 Annual Management 5 Authorize Board to Fix Remuneration of Directors For For Johnson Electric Holdings Ltd. 179 11-Jul-19 Annual Management 6 Approve PricewaterhouseCoopers as Auditor and For Against The auditor's tenure is not disclosed. Authorize Board to Fix Their Remuneration Johnson Electric Holdings Ltd. 179 11-Jul-19 Annual Management 7 Approve Issuance of Equity or Equity-Linked For Against We do not support this general purpose share Securities without Preemptive Rights issuance due to dilution and as it lacks pre-emptive rights. Johnson Electric Holdings Ltd. 179 11-Jul-19 Annual Management 8 Authorize Reissuance of Repurchased Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Land Securities Group Plc LAND 11-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Land Securities Group Plc LAND 11-Jul-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Land Securities Group Plc LAND 11-Jul-19 Annual Management 3 Approve Final Dividend For For Land Securities Group Plc LAND 11-Jul-19 Annual Management 4 Elect Madeleine Cosgrave as Director For For Land Securities Group Plc LAND 11-Jul-19 Annual Management 5 Elect Christophe Evain as Director For For Land Securities Group Plc LAND 11-Jul-19 Annual Management 6 Re-elect Robert Noel as Director For For Land Securities Group Plc LAND 11-Jul-19 Annual Management 7 Re-elect Martin Greenslade as Director For Against We do not support insiders on the board other than the CEO. Land Securities Group Plc LAND 11-Jul-19 Annual Management 8 Re-elect Colette O'Shea as Director For Against We do not support insiders on the board other than the CEO. Land Securities Group Plc LAND 11-Jul-19 Annual Management 9 Re-elect Christopher Bartram as Director For For Land Securities Group Plc LAND 11-Jul-19 Annual Management 10 Re-elect Edward Bonham Carter as Director For For Land Securities Group Plc LAND 11-Jul-19 Annual Management 11 Re-elect Nicholas Cadbury as Director For For Land Securities Group Plc LAND 11-Jul-19 Annual Management 12 Re-elect Cressida Hogg as Director For For Land Securities Group Plc LAND 11-Jul-19 Annual Management 13 Re-elect Stacey Rauch as Director For For Land Securities Group Plc LAND 11-Jul-19 Annual Management 14 Reappoint Ernst & Young LLP as Auditors For Against The auditor's tenure exceeds our guidelines. Land Securities Group Plc LAND 11-Jul-19 Annual Management 15 Authorise Board to Fix Remuneration of Auditors For Against The auditor's tenure exceeds our guidelines.

Prepared by: Public Markets Sept. 30, 2019 15 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Land Securities Group Plc LAND 11-Jul-19 Annual Management 16 Authorise EU Political Donations and Expenditure For For Land Securities Group Plc LAND 11-Jul-19 Annual Management 17 Authorise Issue of Equity For For Land Securities Group Plc LAND 11-Jul-19 Annual Management 18 Authorise Issue of Equity without Pre-emptive For For Rights Land Securities Group Plc LAND 11-Jul-19 Annual Management 19 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Land Securities Group Plc LAND 11-Jul-19 Annual Management 20 Authorise Market Purchase of Ordinary Shares For For Land Securities Group Plc LAND 11-Jul-19 Annual Management 21 Adopt New Articles of Association For For Pets At Home Group Plc PETS 11-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Pets At Home Group Plc PETS 11-Jul-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Pets At Home Group Plc PETS 11-Jul-19 Annual Management 3 Approve Final Dividend For For Pets At Home Group Plc PETS 11-Jul-19 Annual Management 4A Re-elect Tony DeNunzio as Director For Against We are not supportive of non-independent directors sitting on key board committees. We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Pets At Home Group Plc PETS 11-Jul-19 Annual Management 4B Re-elect Peter Pritchard as Director For For Pets At Home Group Plc PETS 11-Jul-19 Annual Management 4C Re-elect Mike Iddon as Director For Against We do not support insiders on the board other than the CEO. Pets At Home Group Plc PETS 11-Jul-19 Annual Management 4D Re-elect Dennis Millard as Director For For Pets At Home Group Plc PETS 11-Jul-19 Annual Management 4E Re-elect Paul Moody as Director For For Pets At Home Group Plc PETS 11-Jul-19 Annual Management 4F Re-elect Sharon Flood as Director For For Pets At Home Group Plc PETS 11-Jul-19 Annual Management 4G Re-elect Stanislas Laurent as Director For For Pets At Home Group Plc PETS 11-Jul-19 Annual Management 4H Re-elect Susan Dawson as Director For For Pets At Home Group Plc PETS 11-Jul-19 Annual Management 5 Reappoint KPMG LLP as Auditors For For Pets At Home Group Plc PETS 11-Jul-19 Annual Management 6 Authorise Board to Fix Remuneration of Auditors For For Pets At Home Group Plc PETS 11-Jul-19 Annual Management 7 Authorise Issue of Equity For For Pets At Home Group Plc PETS 11-Jul-19 Annual Management 8 Authorise EU Political Donations and Expenditure For For Pets At Home Group Plc PETS 11-Jul-19 Annual Management 9 Authorise Issue of Equity without Pre-emptive For For Rights Pets At Home Group Plc PETS 11-Jul-19 Annual Management 10 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Pets At Home Group Plc PETS 11-Jul-19 Annual Management 11 Authorise Market Purchase of Ordinary Shares For For

Prepared by: Public Markets Sept. 30, 2019 16 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Pets At Home Group Plc PETS 11-Jul-19 Annual Management 12 Authorise the Company to Call General Meeting For For with Two Weeks' Notice Speedy Hire Plc SDY 11-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Speedy Hire Plc SDY 11-Jul-19 Annual Management 2 Approve Remuneration Report For For Speedy Hire Plc SDY 11-Jul-19 Annual Management 3 Approve Final Dividend For For Speedy Hire Plc SDY 11-Jul-19 Annual Management 4 Elect Rhian Bartlett as Director For For Speedy Hire Plc SDY 11-Jul-19 Annual Management 5 Re-elect David Shearer as Director For Against We are holding the Chair of the Nomination Committee accountable for inadequate gender diversity on the board. Speedy Hire Plc SDY 11-Jul-19 Annual Management 6 Re-elect Russell Down as Director For For Speedy Hire Plc SDY 11-Jul-19 Annual Management 7 Re-elect Chris Morgan as Director For Against We do not support insiders on the board other than the CEO. Speedy Hire Plc SDY 11-Jul-19 Annual Management 8 Re-elect Bob Contreras as Director For For Speedy Hire Plc SDY 11-Jul-19 Annual Management 9 Re-elect Rob Barclay as Director For For Speedy Hire Plc SDY 11-Jul-19 Annual Management 10 Re-elect David Garman as Director For For Speedy Hire Plc SDY 11-Jul-19 Annual Management 11 Reappoint KPMG LLP as Auditors For For Speedy Hire Plc SDY 11-Jul-19 Annual Management 12 Authorise Board to Fix Remuneration of Auditors For For Speedy Hire Plc SDY 11-Jul-19 Annual Management 13 Authorise Issue of Equity For For Speedy Hire Plc SDY 11-Jul-19 Annual Management 14 Authorise Issue of Equity without Pre-emptive For For Rights Speedy Hire Plc SDY 11-Jul-19 Annual Management 15 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Speedy Hire Plc SDY 11-Jul-19 Annual Management 16 Authorise Market Purchase of Ordinary Shares For For Speedy Hire Plc SDY 11-Jul-19 Annual Management 17 Authorise the Company to Call General Meeting For For with Two Weeks' Notice Speedy Hire Plc SDY 11-Jul-19 Annual Management 18 Authorise EU Political Donations and Expenditure For For Vedanta Ltd. 500295 11-Jul-19 Annual Management 1 Accept Standalone Financial Statements and For For Statutory Reports Vedanta Ltd. 500295 11-Jul-19 Annual Management 2 Accept Consolidated Financial Statements and For For Statutory Reports Vedanta Ltd. 500295 11-Jul-19 Annual Management 3 Confirm Interim Dividends For For Vedanta Ltd. 500295 11-Jul-19 Annual Management 4 Confirm Payment of Preference Dividend on Non- For For Cumulative Non-Convertible Redeemable Preference Shares

Prepared by: Public Markets Sept. 30, 2019 17 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Vedanta Ltd. 500295 11-Jul-19 Annual Management 5 Reelect Priya Agarwal as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Vedanta Ltd. 500295 11-Jul-19 Annual Management 6 Approve Appointment and Remuneration of For For Srinivasan Venkatakrishnan as Whole-Time Director Designated as Chief Executive Officer Vedanta Ltd. 500295 11-Jul-19 Annual Management 7 Reelect Tarun Jain as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Vedanta Ltd. 500295 11-Jul-19 Annual Management 8 Approve Payment of Remuneration to Tarun Jain as For For Non-Executive Director Vedanta Ltd. 500295 11-Jul-19 Annual Management 9 Elect Mahendra Kumar as Director For For Vedanta Ltd. 500295 11-Jul-19 Annual Management 10 Approve Remuneration of Cost Auditors For For DCC Plc DCC 12-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

DCC Plc DCC 12-Jul-19 Annual Management 2 Approve Final Dividend For For DCC Plc DCC 12-Jul-19 Annual Management 3 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. DCC Plc DCC 12-Jul-19 Annual Management 4(a) Elect Mark Breuer as Director For For DCC Plc DCC 12-Jul-19 Annual Management 4(b) Elect Caroline Dowling as Director For For DCC Plc DCC 12-Jul-19 Annual Management 4(c) Re-elect David Jukes as Director For For DCC Plc DCC 12-Jul-19 Annual Management 4(d) Re-elect Pamela Kirby as Director For For DCC Plc DCC 12-Jul-19 Annual Management 4(e) Re-elect Jane Lodge as Director For For DCC Plc DCC 12-Jul-19 Annual Management 4(f) Re-elect Cormac McCarthy as Director For For DCC Plc DCC 12-Jul-19 Annual Management 4(g) Re-elect John Moloney as Director For For DCC Plc DCC 12-Jul-19 Annual Management 4(h) Re-elect Donal Murphy as Director For For DCC Plc DCC 12-Jul-19 Annual Management 4(i) Re-elect Fergal O'Dwyer as Director For Against We do not support insiders on the board other than the CEO. DCC Plc DCC 12-Jul-19 Annual Management 4(j) Re-elect Mark Ryan as Director For For DCC Plc DCC 12-Jul-19 Annual Management 4(k) Re-elect Leslie Van de Walle as Director For For DCC Plc DCC 12-Jul-19 Annual Management 5 Authorise Board to Fix Remuneration of Auditors For For DCC Plc DCC 12-Jul-19 Annual Management 6 Approve Increase in the Aggregate Sum of Fees For For Payable to Non-executive Directors DCC Plc DCC 12-Jul-19 Annual Management 7 Authorise Issue of Equity For For

Prepared by: Public Markets Sept. 30, 2019 18 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. DCC Plc DCC 12-Jul-19 Annual Management 8 Authorise Issue of Equity without Pre-emptive For For Rights DCC Plc DCC 12-Jul-19 Annual Management 9 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment DCC Plc DCC 12-Jul-19 Annual Management 10 Authorise Market Purchase of Shares For For DCC Plc DCC 12-Jul-19 Annual Management 11 Authorise Reissuance Price Range of Treasury For For Shares HDFC Bank Limited 500180 12-Jul-19 Annual Management 1 Accept Standalone Financial Statements and For For Statutory Reports HDFC Bank Limited 500180 12-Jul-19 Annual Management 2 Accept Consolidated Financial Statements and For For Statutory Reports HDFC Bank Limited 500180 12-Jul-19 Annual Management 3 Approve Dividend For For HDFC Bank Limited 500180 12-Jul-19 Annual Management 4 Reelect Srikanth Nadhamuni as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. HDFC Bank Limited 500180 12-Jul-19 Annual Management 5 Approve MSKA & Associates, Chartered For For Accountants as Auditors and Authorize Board to Fix Their Remuneration HDFC Bank Limited 500180 12-Jul-19 Annual Management 6 Ratify Additional Remuneration for S. R. Batliboi & For Against We are voting against the appointment of the audit Co. LLP firm as the non-audit fees exceed our guidelines.

HDFC Bank Limited 500180 12-Jul-19 Annual Management 7 Elect Sanjiv Sachar as Director For For HDFC Bank Limited 500180 12-Jul-19 Annual Management 8 Elect Sandeep Parekh as Director For For HDFC Bank Limited 500180 12-Jul-19 Annual Management 9 Elect M. D. Ranganath as Director For For HDFC Bank Limited 500180 12-Jul-19 Annual Management 10 Approve Related Party Transactions with Housing For For Development Finance Corporation Limited HDFC Bank Limited 500180 12-Jul-19 Annual Management 11 Approve Related Party Transactions with HDB For For Financial Services Limited HDFC Bank Limited 500180 12-Jul-19 Annual Management 12 Authorize Issuance of Tier II Capital Bonds and Long For For Term Bond on Private Placement Basis HDFC Bank Limited 500180 12-Jul-19 Annual Management 13 Approve Sub-Division of Equity Shares For For HDFC Bank Limited 500180 12-Jul-19 Annual Management 14 Amend Memorandum of Association to Reflect For For Changes in Capital ITC Limited 500875 12-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

ITC Limited 500875 12-Jul-19 Annual Management 2 Approve Dividend For For

Prepared by: Public Markets Sept. 30, 2019 19 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. ITC Limited 500875 12-Jul-19 Annual Management 3 Reelect David Robert Simpson as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. ITC Limited 500875 12-Jul-19 Annual Management 4 Reelect John Pulinthanam as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are voting against this director for missing more than 25 percent of scheduled meetings without disclosing a satisfactory reason. ITC Limited 500875 12-Jul-19 Annual Management 5 Approve S R B C & CO LLP, Chartered Accountants For For as Auditors and Authorize Board to Fix Their Remuneration ITC Limited 500875 12-Jul-19 Annual Management 6 Elect Hemant Bhargava as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.

ITC Limited 500875 12-Jul-19 Annual Management 7 Elect Sumant Bhargavan as Director and Approve For Against We do not support insiders on the board other than Appointment and Remuneration of Sumant the CEO and Executive Chair. Bhargavan as Wholetime Director ITC Limited 500875 12-Jul-19 Annual Management 8 Reelect Arun Duggal as Director For For ITC Limited 500875 12-Jul-19 Annual Management 9 Reelect Sunil Behari Mathur as Director For For ITC Limited 500875 12-Jul-19 Annual Management 10 Reelect Meera Shankar as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are voting against the member of the Nomination Committee as we are not supportive of recombining the position of Chair and CEO.

ITC Limited 500875 12-Jul-19 Annual Management 11 Approve Remuneration of P. Raju Iyer as Cost For For Auditors ITC Limited 500875 12-Jul-19 Annual Management 12 Approve Remuneration of S. Mahadevan & Co. as For For Cost Auditors Alibaba Group Holding Limited BABA 15-Jul-19 Annual Management 1 Approve Share Subdivision For For Alibaba Group Holding Limited BABA 15-Jul-19 Annual Management 2.1 Elect Daniel Yong Zhang as Director For For

Prepared by: Public Markets Sept. 30, 2019 20 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Alibaba Group Holding Limited BABA 15-Jul-19 Annual Management 2.2 Elect Chee Hwa Tung as Director For Against We are holding the Nomination Committee members accountable for not having addressed the CEO's overboarding.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Alibaba Group Holding Limited BABA 15-Jul-19 Annual Management 2.3 Elect Jerry Yang as Director For Against We are holding the Nomination Committee members accountable for not having addressed the CEO's overboarding.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Alibaba Group Holding Limited BABA 15-Jul-19 Annual Management 2.4 Elect Wan Ling Martello as Director For For Alibaba Group Holding Limited BABA 15-Jul-19 Annual Management 3 Ratify PricewaterhouseCoopers as Auditors For Against The auditor's tenure exceeds our guidelines. SDIC Power Holdings Co., Ltd. 600886 15-Jul-19 Special Management 1 Approve Amendments to Articles of Association For For SDIC Power Holdings Co., Ltd. 600886 15-Jul-19 Special Management 2 Amend Rules and Procedures Regarding General For For Meetings of Shareholders SDIC Power Holdings Co., Ltd. 600886 15-Jul-19 Special Management 3 Amend Rules and Procedures Regarding Meetings For For of Board of Directors SDIC Power Holdings Co., Ltd. 600886 15-Jul-19 Special Management 4 Approve to Appoint Auditor For Against The auditor's tenure is not disclosed. We are voting against the appointment of the audit firm as audit fees are not disclosed. Staffline Group Plc STAF 15-Jul-19 Special Management 1 Authorise Issue of Equity in Connection with the For For Placing and Open Offer Staffline Group Plc STAF 15-Jul-19 Special Management 2 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with the Placing and Open Offer Constellation Brands, Inc. STZ 16-Jul-19 Annual Management 1.1 Elect Director Jennifer M. Daniels For For Constellation Brands, Inc. STZ 16-Jul-19 Annual Management 1.2 Elect Director Jerry Fowden For For Constellation Brands, Inc. STZ 16-Jul-19 Annual Management 1.3 Elect Director Ernesto M. Hernandez For For Constellation Brands, Inc. STZ 16-Jul-19 Annual Management 1.4 Elect Director Susan Somersille Johnson For For

Prepared by: Public Markets Sept. 30, 2019 21 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Constellation Brands, Inc. STZ 16-Jul-19 Annual Management 1.5 Elect Director James A. Locke, III For Withhold We are not supportive of non-independent directors sitting on key board committees. We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent and for not having addressed the CEO's overboarding. We are holding this director accountable for excessive pledging of shares by directors.

Constellation Brands, Inc. STZ 16-Jul-19 Annual Management 1.6 Elect Director Daniel J. McCarthy For For Constellation Brands, Inc. STZ 16-Jul-19 Annual Management 1.7 Elect Director William A. Newlands For For Constellation Brands, Inc. STZ 16-Jul-19 Annual Management 1.8 Elect Director Richard Sands For Withhold We do not support insiders on the board other than the CEO and Executive Chair. We are also voting against this director due to concerns over tenure.

Constellation Brands, Inc. STZ 16-Jul-19 Annual Management 1.9 Elect Director Robert Sands For For Constellation Brands, Inc. STZ 16-Jul-19 Annual Management 1.10 Elect Director Judy A. Schmeling For Withhold We are holding this director accountable for excessive pledging of shares by directors. Constellation Brands, Inc. STZ 16-Jul-19 Annual Management 2 Ratify KPMG LLP as Auditor For For Constellation Brands, Inc. STZ 16-Jul-19 Annual Management 3 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance and it contains features that arenot in line with best practice. Guangdong Haid Group Co., Ltd. 002311 16-Jul-19 Special Management 1.1 Elect Xue Hua as Non-Independent Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Guangdong Haid Group Co., Ltd. 002311 16-Jul-19 Special Management 1.2 Elect Xu Yingzhuo as Non-Independent Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Guangdong Haid Group Co., Ltd. 002311 16-Jul-19 Special Management 1.3 Elect Tian Li as Non-Independent Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.

Prepared by: Public Markets Sept. 30, 2019 22 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Guangdong Haid Group Co., Ltd. 002311 16-Jul-19 Special Management 1.4 Elect Cheng Qi as Non-Independent Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Guangdong Haid Group Co., Ltd. 002311 16-Jul-19 Special Management 2.1 Elect Gui Jianfang as Independent Director For For Guangdong Haid Group Co., Ltd. 002311 16-Jul-19 Special Management 2.2 Elect He Jianguo as Independent Director For For Guangdong Haid Group Co., Ltd. 002311 16-Jul-19 Special Management 2.3 Elect Liu Yunguo as Independent Director For For Guangdong Haid Group Co., Ltd. 002311 16-Jul-19 Special Management 3.1 Elect Wang Jing as Supervisor For For Guangdong Haid Group Co., Ltd. 002311 16-Jul-19 Special Management 3.2 Elect Chen Jia as Supervisor For For Guangdong Haid Group Co., Ltd. 002311 16-Jul-19 Special Management 4 Approve External Guarantee Provision For For Guangdong Haid Group Co., Ltd. 002311 16-Jul-19 Special Management 5 Approve Amendments to Articles of Association For For Guangdong Haid Group Co., Ltd. 002311 16-Jul-19 Special Management 6 Amend Rules and Procedures Regarding General For For Meetings of Shareholders Guangdong Haid Group Co., Ltd. 002311 16-Jul-19 Special Management 7 Amend Rules and Procedures Regarding Meetings For For of Board of Directors Guangdong Haid Group Co., Ltd. 002311 16-Jul-19 Special Management 8 Amend the Work System of Independent Directors For For

Guangdong Haid Group Co., Ltd. 002311 16-Jul-19 Special Management 9 Amend Management System of Special Reserves For For and Use of Raised Funds Guangdong Haid Group Co., Ltd. 002311 16-Jul-19 Special Management 10 Amend Rules and Procedures Regarding Meetings For For of Board of Supervisors Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 1 Approve Standalone Financial Statements For For Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 2 Approve Consolidated Financial Statements For For Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 3 Approve Non-Financial Information Report For For Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 4 Approve Allocation of Income and Dividends For For Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 5 Fix Number of Directors at 11 For For Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 6.a Reelect Pablo Isla Alvarez de Tejera as Director For Against We do not believe that the creation of the Executive Chair role is in the best interests of shareholders.

Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 6.b Reelect Amancio Ortega Gaona as Director For For Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 6.c Elect Carlos Crespo Gonzalez as Director For For Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 6.d Reelect Emilio Saracho Rodriguez de Torres as For Against We are holding the Chair of the Nomination Director Committee accountable for failing to ensure that all key board committees are fully independent.We are holding this nominee accountable, as Chair of the Nominating Committee, for the creation of an Executive Chair role, without a sufficient rationale.

Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 6.e Reelect Jose Luis Duran Schulz as Director For For

Prepared by: Public Markets Sept. 30, 2019 23 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 7.a Amend Article 13 Re: General Meetings For For Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 7.b Amend Articles Re: Board Committees For For Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 7.c Amend Articles Re: Annual Accounts and Allocation For For of Income Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 8 Renew Appointment of Deloitte as Auditor For For Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 9 Approve Restricted Stock Plan For For Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 10 Authorize Share Repurchase Program For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 11 Amend Remuneration Policy For For Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 12 Advisory Vote on Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 13 Authorize Board to Ratify and Execute Approved For For Resolutions Industria de Diseno Textil SA ITX 16-Jul-19 Annual Management 14 Receive Amendments to Board of Directors None None Regulations VF Corporation VFC 16-Jul-19 Annual Management 1.1 Elect Director Richard T. Carucci For For VF Corporation VFC 16-Jul-19 Annual Management 1.2 Elect Director Juliana L. Chugg For For VF Corporation VFC 16-Jul-19 Annual Management 1.3 Elect Director Benno Dorer For For VF Corporation VFC 16-Jul-19 Annual Management 1.4 Elect Director Mark S. Hoplamazian For For VF Corporation VFC 16-Jul-19 Annual Management 1.5 Elect Director Laura W. Lang For For VF Corporation VFC 16-Jul-19 Annual Management 1.6 Elect Director W. Alan McCollough For For VF Corporation VFC 16-Jul-19 Annual Management 1.7 Elect Director W. Rodney McMullen For Withhold This director is overboarded. VF Corporation VFC 16-Jul-19 Annual Management 1.8 Elect Director Clarence Otis, Jr. For For VF Corporation VFC 16-Jul-19 Annual Management 1.9 Elect Director Steven E. Rendle For For VF Corporation VFC 16-Jul-19 Annual Management 1.10 Elect Director Carol L. Roberts For For VF Corporation VFC 16-Jul-19 Annual Management 1.11 Elect Director Matthew J. Shattock For For VF Corporation VFC 16-Jul-19 Annual Management 1.12 Elect Director Veronica B. Wu For For VF Corporation VFC 16-Jul-19 Annual Management 2 Advisory Vote to Ratify Named Executive Officers' For For Compensation VF Corporation VFC 16-Jul-19 Annual Management 3 Ratify PricewaterhouseCoopers LLP as Auditors For Against The auditor's tenure exceeds our guidelines. Wipro Limited 507685 16-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Wipro Limited 507685 16-Jul-19 Annual Management 2 Confirm Interim Dividend as Final Dividend For For Wipro Limited 507685 16-Jul-19 Annual Management 3 Reelect Abidali Z Neemuchwala as Director For For Wipro Limited 507685 16-Jul-19 Annual Management 4 Amend Articles of Association For For

Prepared by: Public Markets Sept. 30, 2019 24 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Wipro Limited 507685 16-Jul-19 Annual Management 5 Elect Azim H Premji as Director For Against We are voting against this director due to concerns over tenure. Wipro Limited 507685 16-Jul-19 Annual Management 6 Approve Reappointment and Remuneration of For For Rishad A Premji as Whole Time Director, Designated as Executive Chairman Wipro Limited 507685 16-Jul-19 Annual Management 7 Approve Appointment and Remuneration of Abidali For For Z Neemuchwala as Managing Director in Addition to His Existing Position as Chief Executive Officer

Bloomsbury Publishing Plc BMY 17-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Bloomsbury Publishing Plc BMY 17-Jul-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Bloomsbury Publishing Plc BMY 17-Jul-19 Annual Management 3 Approve Final Dividend For For Bloomsbury Publishing Plc BMY 17-Jul-19 Annual Management 4 Elect Leslie-Ann Reed as Director For For Bloomsbury Publishing Plc BMY 17-Jul-19 Annual Management 5 Re-elect John Warren as Director For For Bloomsbury Publishing Plc BMY 17-Jul-19 Annual Management 6 Re-elect Steven Hall as Director For For Bloomsbury Publishing Plc BMY 17-Jul-19 Annual Management 7 Re-elect Nigel Newton as Director For Against We are not supportive of non-independent directors sitting on key board committees. Bloomsbury Publishing Plc BMY 17-Jul-19 Annual Management 8 Re-elect Penny Scott-Bayfield as Director For Against We do not support insiders on the board other than the CEO. Bloomsbury Publishing Plc BMY 17-Jul-19 Annual Management 9 Re-elect Jonathan Glasspool as Director For Against We do not support insiders on the board other than the CEO. Bloomsbury Publishing Plc BMY 17-Jul-19 Annual Management 10 Re-elect Sir Richard Lambert as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Bloomsbury Publishing Plc BMY 17-Jul-19 Annual Management 11 Reappoint KPMG LLP as Auditors For For Bloomsbury Publishing Plc BMY 17-Jul-19 Annual Management 12 Authorise Board to Fix Remuneration of Auditors For For Bloomsbury Publishing Plc BMY 17-Jul-19 Annual Management 13 Authorise Issue of Equity For For Bloomsbury Publishing Plc BMY 17-Jul-19 Annual Management 14 Authorise Issue of Equity without Pre-emptive For For Rights Bloomsbury Publishing Plc BMY 17-Jul-19 Annual Management 15 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Bloomsbury Publishing Plc BMY 17-Jul-19 Annual Management 16 Authorise Market Purchase of Ordinary Shares For For Burberry Group Plc BRBY 17-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Prepared by: Public Markets Sept. 30, 2019 25 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Burberry Group Plc BRBY 17-Jul-19 Annual Management 2 Approve Remuneration Report For For Burberry Group Plc BRBY 17-Jul-19 Annual Management 3 Approve Final Dividend For For Burberry Group Plc BRBY 17-Jul-19 Annual Management 4 Re-elect Dr Gerry Murphy as Director For For Burberry Group Plc BRBY 17-Jul-19 Annual Management 5 Re-elect Fabiola Arredondo as Director For For Burberry Group Plc BRBY 17-Jul-19 Annual Management 6 Re-elect Jeremy Darroch as Director For For Burberry Group Plc BRBY 17-Jul-19 Annual Management 7 Re-elect Ron Frasch as Director For For Burberry Group Plc BRBY 17-Jul-19 Annual Management 8 Re-elect Matthew Key as Director For For Burberry Group Plc BRBY 17-Jul-19 Annual Management 9 Re-elect Dame Carolyn McCall as Director For For Burberry Group Plc BRBY 17-Jul-19 Annual Management 10 Re-elect Orna NiChionna as Director For For Burberry Group Plc BRBY 17-Jul-19 Annual Management 11 Re-elect Marco Gobbetti as Director For For Burberry Group Plc BRBY 17-Jul-19 Annual Management 12 Re-elect Julie Brown as Director For Against We do not support insiders on the board other than the CEO. Burberry Group Plc BRBY 17-Jul-19 Annual Management 13 Reappoint PricewaterhouseCoopers LLP as Auditors For Against The auditor's tenure is not disclosed.

Burberry Group Plc BRBY 17-Jul-19 Annual Management 14 Authorise the Audit Committee to Fix Remuneration For Against The auditor's tenure is not disclosed. of Auditors Burberry Group Plc BRBY 17-Jul-19 Annual Management 15 Authorise EU Political Donations and Expenditure For For Burberry Group Plc BRBY 17-Jul-19 Annual Management 16 Authorise Issue of Equity For For Burberry Group Plc BRBY 17-Jul-19 Annual Management 17 Authorise Issue of Equity without Pre-emptive For For Rights Burberry Group Plc BRBY 17-Jul-19 Annual Management 18 Authorise Market Purchase of Ordinary Shares For For Burberry Group Plc BRBY 17-Jul-19 Annual Management 19 Authorise the Company to Call General Meeting For For with Two Weeks' Notice Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 3 Approve Final Dividend For For Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 4 Elect Xiaozhi Liu as Director For For Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 5 Re-elect Alan Ferguson as Director For For Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 6 Re-elect Jane Griffiths as Director For For Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 7 Re-elect Robert MacLeod as Director For For Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 8 Re-elect Anna Manz as Director For Against We do not support insiders on the board other than the CEO. Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 9 Re-elect Chris Mottershead as Director For For Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 10 Re-elect John O'Higgins as Director For For Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 11 Re-elect Patrick Thomas as Director For For

Prepared by: Public Markets Sept. 30, 2019 26 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 12 Re-elect John Walker as Director For Against We do not support insiders on the board other than the CEO. Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 13 Reappoint PricewaterhouseCoopers LLP as Auditors For For

Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 14 Authorise the Audit Committee to Fix Remuneration For For of Auditors Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 15 Authorise EU Political Donations and Expenditure For For Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 16 Authorise Issue of Equity For For Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 17 Authorise Issue of Equity without Pre-emptive For For Rights Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 18 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 19 Authorise Market Purchase of Ordinary Shares For For Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 20 Authorise the Company to Call General Meeting For For with Two Weeks' Notice Johnson Matthey Plc JMAT 17-Jul-19 Annual Management 21 Amend Articles of Association For For Severn Trent Plc SVT 17-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Severn Trent Plc SVT 17-Jul-19 Annual Management 2 Approve Remuneration Report For For Severn Trent Plc SVT 17-Jul-19 Annual Management 3 Amend Long Term Incentive Plan 2014 For For Severn Trent Plc SVT 17-Jul-19 Annual Management 4 Approve Sharesave Scheme For Against The sharesave scheme plan does not meet our guidelines. Severn Trent Plc SVT 17-Jul-19 Annual Management 5 Approve Final Dividend For For Severn Trent Plc SVT 17-Jul-19 Annual Management 6 Re-elect Kevin Beeston as Director For For Severn Trent Plc SVT 17-Jul-19 Annual Management 7 Re-elect James Bowling as Director For Against We do not support insiders on the board other than the CEO. Severn Trent Plc SVT 17-Jul-19 Annual Management 8 Re-elect John Coghlan as Director For For Severn Trent Plc SVT 17-Jul-19 Annual Management 9 Re-elect Andrew Duff as Director For For Severn Trent Plc SVT 17-Jul-19 Annual Management 10 Re-elect Olivia Garfield as Director For For Severn Trent Plc SVT 17-Jul-19 Annual Management 11 Re-elect Dominique Reiniche as Director For For Severn Trent Plc SVT 17-Jul-19 Annual Management 12 Re-elect Philip Remnant as Director For For Severn Trent Plc SVT 17-Jul-19 Annual Management 13 Re-elect Angela Strank as Director For For Severn Trent Plc SVT 17-Jul-19 Annual Management 14 Reappoint Deloitte LLP as Auditors For For Severn Trent Plc SVT 17-Jul-19 Annual Management 15 Authorise the Audit Committee to Fix Remuneration For For of Auditors Severn Trent Plc SVT 17-Jul-19 Annual Management 16 Authorise EU Political Donations and Expenditure For For Severn Trent Plc SVT 17-Jul-19 Annual Management 17 Authorise Issue of Equity For For

Prepared by: Public Markets Sept. 30, 2019 27 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Severn Trent Plc SVT 17-Jul-19 Annual Management 18 Authorise Issue of Equity without Pre-emptive For For Rights Severn Trent Plc SVT 17-Jul-19 Annual Management 19 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Severn Trent Plc SVT 17-Jul-19 Annual Management 20 Authorise Market Purchase of Ordinary Shares For For Severn Trent Plc SVT 17-Jul-19 Annual Management 21 Authorise the Company to Call General Meeting For For with Two Weeks' Notice AusNet Services Ltd. AST 18-Jul-19 Annual Management 2a Elect Li Lequan as Director For Against We are not supportive of non-independent directors sitting on key board committees.Since the board's overall independence level does not meet our guidelines, we are voting against all non- independent directors on the ballot, except the CEO. AusNet Services Ltd. AST 18-Jul-19 Annual Management 2b Elect Tan Chee Meng as Director For Against We are not supportive of non-independent directors sitting on key board committees.Since the board's overall independence level does not meet our guidelines, we are voting against all non- independent directors on the ballot, except the CEO. AusNet Services Ltd. AST 18-Jul-19 Annual Management 2c Elect Peter Mason as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are holding the Chair of the Nomination Committee accountable for inadequate gender diversity on the board.We are holding certain directors accountable for lack of risk oversight that led to major controversies. AusNet Services Ltd. AST 18-Jul-19 Annual Management 3 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. AusNet Services Ltd. AST 18-Jul-19 Annual Management 4a Approve Grant of Equity Awards to Nino Ficca For For AusNet Services Ltd. AST 18-Jul-19 Annual Management 4b Approve Grant of Equity Awards to Tony Narvaez For For AusNet Services Ltd. AST 18-Jul-19 Annual Management 5 Approve the Issuance of Up to 10 Percent of the For For Company's Issued Capital AusNet Services Ltd. AST 18-Jul-19 Annual Management 6 Approve Issuance of Shares Under the Dividend For For Reinvestment Plan

Prepared by: Public Markets Sept. 30, 2019 28 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. AusNet Services Ltd. AST 18-Jul-19 Annual Management 7 Approve Issuance of Shares Under the Employee For For Incentive Scheme Bank Hapoalim BM POLI 18-Jul-19 Annual Management 1 Discuss Financial Statements and the Report of the None None Board Bank Hapoalim BM POLI 18-Jul-19 Annual Management 2 Reappoint Somekh Chaikin and Ziv Haft as Joint For Against The auditor's tenure is not disclosed. Auditors Bank Hapoalim BM POLI 18-Jul-19 Annual Management 3 Amend Articles Re: Board-Related Matters For For Bank Hapoalim BM POLI 18-Jul-19 Annual Management 4.1 Elect David Avner as External Director For Do Not We believe support for the other nominee is in the Vote best interests of shareholders. Bank Hapoalim BM POLI 18-Jul-19 Annual Management 4.2 Elect Arie Orlev as External Director For For Bank Hapoalim BM POLI 18-Jul-19 Annual Management 5.1 Elect Noam Hanegbi as External Director For Abstain We believe support for the other nominee is in the best interests of shareholders. Bank Hapoalim BM POLI 18-Jul-19 Annual Management 5.2 Elect Israel Zichl as External Director For For Bank Hapoalim BM POLI 18-Jul-19 Annual Management 5.3 Reelect Ruben Krupik as External Director For For Bank Hapoalim BM POLI 18-Jul-19 Annual Management 6.1 Elect Tamar Bar Noy Gottlin as Director For Abstain We believe support for the other nominee is in the best interests of shareholders. Bank Hapoalim BM POLI 18-Jul-19 Annual Management 6.2 Reelect Oded Eran as Director For For Bank Hapoalim BM POLI 18-Jul-19 Annual Management 6.3 Elect David Zvilichovsky as Director For For Bank Hapoalim BM POLI 18-Jul-19 Annual Management A Vote FOR if you are a controlling shareholder or None Against have a personal interest in one or several resolutions, as indicated in the proxy card; otherwise, vote AGAINST. You may not abstain. If you vote FOR, please provide an explanation to your account manager Bank Hapoalim BM POLI 18-Jul-19 Annual Management B1 If you are an Interest Holder as defined in Section 1 None Against of the Securities Law, 1968, vote FOR. Otherwise, vote against. Bank Hapoalim BM POLI 18-Jul-19 Annual Management B2 If you are a Senior Officer as defined in Section None Against 37(D) of the Securities Law, 1968, vote FOR. Otherwise, vote against. Bank Hapoalim BM POLI 18-Jul-19 Annual Management B3 If you are an Institutional Investor as defined in None For 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. Otherwise, vote against. Bank Leumi Le-Israel Ltd. LUMI 18-Jul-19 Annual/Sp Management 1 Discuss Financial Statements and the Report of the None None ecial Board

Prepared by: Public Markets Sept. 30, 2019 29 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Bank Leumi Le-Israel Ltd. LUMI 18-Jul-19 Annual/Sp Management 2 Reappoint Somekh Chaikin and Kost Forer Gabbay For Against We are voting against the appointment of the audit ecial and Kasierer as Joint Auditors and Authorize Board firm as the non-audit fees exceed our guidelines.The to Fix Their Remuneration auditor's tenure is not disclosed. Bank Leumi Le-Israel Ltd. LUMI 18-Jul-19 Annual/Sp Management 3 Appoint Somekh Chaikin and Brightman Almagor For Against We are voting against the appointment of the audit ecial Zohar & Co. as Joint Auditors and Authorize Board firm as the non-audit fees exceed our guidelines.The to Fix Their Remuneration auditor's tenure is not disclosed. Bank Leumi Le-Israel Ltd. LUMI 18-Jul-19 Annual/Sp Management 4 Elect Irit Shlomi as Director For For ecial Bank Leumi Le-Israel Ltd. LUMI 18-Jul-19 Annual/Sp Management 5 Elect Haim Yaakov Krupsky as Director For Do Not We believe support for the other nominee is in the ecial Vote best interests of shareholders. Bank Leumi Le-Israel Ltd. LUMI 18-Jul-19 Annual/Sp Management 6 Approve Purchase of 12,364 Ordinary Shares by For For ecial David Brodet, Chairman, in Connection with Share Offering by the State of Israel to the Bank's Employees Bank Leumi Le-Israel Ltd. LUMI 18-Jul-19 Annual/Sp Management A Vote FOR if you are a controlling shareholder or None Against ecial have a personal interest in one or several resolutions, as indicated in the proxy card; otherwise, vote AGAINST. You may not abstain. If you vote FOR, please provide an explanation to your account manager Bank Leumi Le-Israel Ltd. LUMI 18-Jul-19 Annual/Sp Management B1 If you are an Interest Holder as defined in Section 1 None Against ecial of the Securities Law, 1968, vote FOR. Otherwise, vote against. Bank Leumi Le-Israel Ltd. LUMI 18-Jul-19 Annual/Sp Management B2 If you are a Senior Officer as defined in Section None Against ecial 37(D) of the Securities Law, 1968, vote FOR. Otherwise, vote against. Bank Leumi Le-Israel Ltd. LUMI 18-Jul-19 Annual/Sp Management B3 If you are an Institutional Investor as defined in None For ecial 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. Otherwise, vote against. DO & CO AG DOC 18-Jul-19 Annual Management 1 Receive Financial Statements and Statutory Reports None None for Fiscal 2018/19 (Non-Voting) DO & CO AG DOC 18-Jul-19 Annual Management 2 Approve Allocation of Income and Dividends of EUR For For 0.85 per Share DO & CO AG DOC 18-Jul-19 Annual Management 3 Approve Discharge of Management Board for Fiscal For For 2018/19

Prepared by: Public Markets Sept. 30, 2019 30 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. DO & CO AG DOC 18-Jul-19 Annual Management 4 Approve Discharge of Supervisory Board for Fiscal For For 2018/19 DO & CO AG DOC 18-Jul-19 Annual Management 5 Approve Remuneration of Supervisory Board For For Members DO & CO AG DOC 18-Jul-19 Annual Management 6 Ratify PKF CENTURION as Auditors for Fiscal For Against The auditor's tenure exceeds our guidelines. 2019/20 DO & CO AG DOC 18-Jul-19 Annual Management 7 Elect Daniela Neuberger as Supervisory Board For For Member DO & CO AG DOC 18-Jul-19 Annual Management 8 Authorize Share Repurchase Program and For For Reissuance or Cancellation of Repurchased Shares

Philippine Seven Corporation SEVN 18-Jul-19 Annual Management 1a Elect Jorge L. Araneta as Director For Withhold Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are voting against this director due to concerns over tenure. Philippine Seven Corporation SEVN 18-Jul-19 Annual Management 1b Elect Jui-Tang Chen as Director For Withhold Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Philippine Seven Corporation SEVN 18-Jul-19 Annual Management 1c Elect Lien-Tang Hsieh as Director For Withhold Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Philippine Seven Corporation SEVN 18-Jul-19 Annual Management 1d Elect Jui-Tien Huang as Director For Withhold Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Philippine Seven Corporation SEVN 18-Jul-19 Annual Management 1e Elect Chi-Chang Lin as Director For Withhold Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Philippine Seven Corporation SEVN 18-Jul-19 Annual Management 1f Elect Jose Victor P. Paterno as Director For Withhold We are not supportive of non-independent directors sitting on key board committees. Philippine Seven Corporation SEVN 18-Jul-19 Annual Management 1g Elect Maria Cristina P. Paterno as Director For Withhold Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.

Prepared by: Public Markets Sept. 30, 2019 31 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Philippine Seven Corporation SEVN 18-Jul-19 Annual Management 1h Elect Wen-Chi Wu as Director For Withhold Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.

Philippine Seven Corporation SEVN 18-Jul-19 Annual Management 1i Elect Jose T. Pardo as Director For Withhold We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Philippine Seven Corporation SEVN 18-Jul-19 Annual Management 1j Elect Antonio Jose U. Periquet, Jr. as Director For Withhold This director is overboarded. Philippine Seven Corporation SEVN 18-Jul-19 Annual Management 1k Elect Michael B. Zalamea as Director For For Philippine Seven Corporation SEVN 18-Jul-19 Annual Management 2 Approve the Minutes of the Annual Stockholders For For Meeting Held on July 19, 2018 Philippine Seven Corporation SEVN 18-Jul-19 Annual Management 3 Approve the 2018 Annual Report and Audited For For Financial Statements Philippine Seven Corporation SEVN 18-Jul-19 Annual Management 4 Ratify Actions Taken by the Board of Directors, For For Executive Committee, Board Committees and Management Since the Last Annual Stockholders Meeting Philippine Seven Corporation SEVN 18-Jul-19 Annual Management 5 Appoint External Auditor For Against We are voting against the appointment of the audit firm as the non-audit fees exceed our guidelines.

Philippine Seven Corporation SEVN 18-Jul-19 Annual Management 6 Approve Other Matters For Against We are voting against this proposal to conduct 'other business' at the shareholder meeting as it puts non-attending shareholders voting by proxy at a disadvantage. Royal Mail Plc RMG 18-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Royal Mail Plc RMG 18-Jul-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Royal Mail Plc RMG 18-Jul-19 Annual Management 3 Approve Remuneration Policy For For Royal Mail Plc RMG 18-Jul-19 Annual Management 4 Approve Final Dividend For For Royal Mail Plc RMG 18-Jul-19 Annual Management 5 Re-elect Keith Williams as Director For For Royal Mail Plc RMG 18-Jul-19 Annual Management 6 Re-elect Rico Back as Director For For Royal Mail Plc RMG 18-Jul-19 Annual Management 7 Re-elect Stuart Simpson as Director For Against We do not support insiders on the board other than the CEO. Royal Mail Plc RMG 18-Jul-19 Annual Management 8 Elect Maria da Cunha as Director For For

Prepared by: Public Markets Sept. 30, 2019 32 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Royal Mail Plc RMG 18-Jul-19 Annual Management 9 Elect Michael Findlay as Director For For Royal Mail Plc RMG 18-Jul-19 Annual Management 10 Re-elect Rita Griffin as Director For For Royal Mail Plc RMG 18-Jul-19 Annual Management 11 Re-elect Simon Thompson as Director For For Royal Mail Plc RMG 18-Jul-19 Annual Management 12 Reappoint KPMG LLP as Auditors For For Royal Mail Plc RMG 18-Jul-19 Annual Management 13 Authorise the Audit and Risk Committee to Fix For For Remuneration of Auditors Royal Mail Plc RMG 18-Jul-19 Annual Management 14 Authorise EU Political Donations and Expenditure For For Royal Mail Plc RMG 18-Jul-19 Annual Management 15 Authorise Issue of Equity For For Royal Mail Plc RMG 18-Jul-19 Annual Management 16 Authorise Issue of Equity without Pre-emptive For For Rights Royal Mail Plc RMG 18-Jul-19 Annual Management 17 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Royal Mail Plc RMG 18-Jul-19 Annual Management 18 Authorise Market Purchase of Ordinary Shares For For Royal Mail Plc RMG 18-Jul-19 Annual Management 19 Authorise the Company to Call General Meeting For For with Two Weeks' Notice SATS Ltd. S58 18-Jul-19 Annual Management 1 Adopt Financial Statements and Directors' and For For Auditors' Reports SATS Ltd. S58 18-Jul-19 Annual Management 2 Approve Final Dividend For For SATS Ltd. S58 18-Jul-19 Annual Management 3 Elect Euleen Goh Yiu Kiang as Director For For SATS Ltd. S58 18-Jul-19 Annual Management 4 Elect Yap Chee Meng as Director For For SATS Ltd. S58 18-Jul-19 Annual Management 5 Elect Michael Kok Pak Kuan as Director For For SATS Ltd. S58 18-Jul-19 Annual Management 6 Elect Jenny Lee Hong Wei as Director For For SATS Ltd. S58 18-Jul-19 Annual Management 7 Approve Directors' Fees For For SATS Ltd. S58 18-Jul-19 Annual Management 8 Approve KPMG LLP as Auditors and Authorize Board For For to Fix Their Remuneration SATS Ltd. S58 18-Jul-19 Annual Management 9 Approve Issuance of Equity or Equity-Linked For For Securities with or without Preemptive Rights SATS Ltd. S58 18-Jul-19 Annual Management 10 Approve Alterations to the SATS Restricted Share For Against The restricted stock plan does not meet our Plan guidelines. SATS Ltd. S58 18-Jul-19 Annual Management 11 Approve Mandate for Interested Person For For Transactions SATS Ltd. S58 18-Jul-19 Annual Management 12 Authorize Share Repurchase Program For For SSE Plc SSE 18-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

SSE Plc SSE 18-Jul-19 Annual Management 2 Approve Remuneration Report For For SSE Plc SSE 18-Jul-19 Annual Management 3 Approve Remuneration Policy For For SSE Plc SSE 18-Jul-19 Annual Management 4 Approve Final Dividend For For

Prepared by: Public Markets Sept. 30, 2019 33 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. SSE Plc SSE 18-Jul-19 Annual Management 5 Re-elect Gregor Alexander as Director For Against We do not support insiders on the board other than the CEO. SSE Plc SSE 18-Jul-19 Annual Management 6 Re-elect Sue Bruce as Director For For SSE Plc SSE 18-Jul-19 Annual Management 7 Re-elect Tony Cocker as Director For For SSE Plc SSE 18-Jul-19 Annual Management 8 Re-elect Crawford Gillies as Director For For SSE Plc SSE 18-Jul-19 Annual Management 9 Re-elect Richard Gillingwater as Director For For SSE Plc SSE 18-Jul-19 Annual Management 10 Re-elect Peter Lynas as Director For For SSE Plc SSE 18-Jul-19 Annual Management 11 Re-elect Helen Mahy as Director For For SSE Plc SSE 18-Jul-19 Annual Management 12 Re-elect Alistair Phillips-Davies as Director For For SSE Plc SSE 18-Jul-19 Annual Management 13 Re-elect Martin Pibworth as Director For Against We do not support insiders on the board other than the CEO. SSE Plc SSE 18-Jul-19 Annual Management 14 Elect Melanie Smith as Director For For SSE Plc SSE 18-Jul-19 Annual Management 15 Appoint Ernst & Young LLP as Auditors For For SSE Plc SSE 18-Jul-19 Annual Management 16 Authorise Audit Committee to Fix Remuneration of For For Auditors SSE Plc SSE 18-Jul-19 Annual Management 17 Authorise Issue of Equity For For SSE Plc SSE 18-Jul-19 Annual Management 18 Authorise Issue of Equity without Pre-emptive For For Rights SSE Plc SSE 18-Jul-19 Annual Management 19 Authorise Market Purchase of Ordinary Shares For For SSE Plc SSE 18-Jul-19 Annual Management 20 Authorise the Company to Call General Meeting For For with Two Weeks' Notice UltraTech Cement Ltd. 532538 18-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

UltraTech Cement Ltd. 532538 18-Jul-19 Annual Management 2 Approve Dividend For For UltraTech Cement Ltd. 532538 18-Jul-19 Annual Management 3 Approve that the Vacancy on the Board Resulting For For from the Retirement of O. P. Puranmalka Not be Filled UltraTech Cement Ltd. 532538 18-Jul-19 Annual Management 4 Approve Remuneration of Cost Auditors For For UltraTech Cement Ltd. 532538 18-Jul-19 Annual Management 5 Elect K. C. Jhanwar as Director For Against We do not support insiders on the board other than the CEO. UltraTech Cement Ltd. 532538 18-Jul-19 Annual Management 6 Approve Appointment and Remuneration of K. C. For For Jhanwar as Whole-Time Director Designated as Deputy Managing Director and Chief Manufacturing Officer UltraTech Cement Ltd. 532538 18-Jul-19 Annual Management 7 Reelect Arun Adhikari as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. UltraTech Cement Ltd. 532538 18-Jul-19 Annual Management 8 Reelect S. B. Mathur as Director For For UltraTech Cement Ltd. 532538 18-Jul-19 Annual Management 9 Reelect Sukanya Kripalu as Director For For

Prepared by: Public Markets Sept. 30, 2019 34 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. UltraTech Cement Ltd. 532538 18-Jul-19 Annual Management 10 Reelect Renuka Ramnath as Director For Against This director is overboarded.We are voting against this director for missing more than 25 percent of scheduled meetings without a satisfactory reason.

UltraTech Cement Ltd. 532538 18-Jul-19 Annual Management 11 Approve Increase in Borrowing Powers For For UltraTech Cement Ltd. 532538 18-Jul-19 Annual Management 12 Approve Pledging of Assets for Debt For For Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 1 Approve Financial Statements and Discharge For For ecial Directors Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 2 Approve Consolidated Financial Statements and For For ecial Statutory Reports Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 3 Approve Allocation of Income and Dividends of EUR For For ecial 0.20 per Share Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 4 Approve Auditors' Special Report on Related-Party For For ecial Transactions Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 5 Approve Compensation of Alain Falc, Chairman and For Against We are voting against this advisory vote on ecial CEO executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 6 Approve Remuneration Policy of Chairman and CEO For Against We are voting against this advisory vote on ecial executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 7 Renew Appointment of Richard Mamez as Censor For Against This proposal is not in shareholders' best interests. ecial Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 8 Approve Remuneration of Directors in the For For ecial Aggregate Amount of EUR 100,000 Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 9 Authorize Repurchase of Up to 10 Percent of Issued For Against The proposed share repurchase program does not ecial Share Capital have sufficient limits to protect existing shareholders. Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 10 Authorize Filing of Required Documents/Other For For ecial Formalities Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 11 Authorize Issuance of Equity or Equity-Linked For Against This proposal is not in shareholders' best interests. ecial Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 9 Million Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 12 Authorize Board to Increase Capital in the Event of For Against This proposal is not in shareholders' best interests. ecial Additional Demand Related to Delegation Submitted to Shareholder Vote Above Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 13 Authorize Capitalization of Reserves of Up to EUR 9 For Against This proposal is not in shareholders' best interests. ecial Million for Bonus Issue or Increase in Par Value

Prepared by: Public Markets Sept. 30, 2019 35 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 14 Authorize Capital Increase of up to 10 Percent of For Against We do not support this general purpose share ecial Issued Capital for Contributions in Kind issuance due to dilution and as it lacks pre-emptive rights. Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 15 Authorize Capital Increase of Up to EUR 4.5 Million For Against We do not support this general purpose share ecial for Future Exchange Offers issuance due to dilution and as it lacks pre-emptive rights. Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 16 Authorize Capital Issuances for Use in Employee For Against The employee stock purchase plan does not meet ecial Stock Purchase Plans our guidelines. Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 17 Set Total Limit for Capital Increase to Result from For For ecial Issuance Requests Under Items 11, 13-16 at EUR 9.75 Million Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 18 Authorize up to 1.8 Percent of Issued Capital for Use For Against The restricted stock plan does not meet our ecial in Restricted Stock Plans guidelines. Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 19 Authorize Decrease in Share Capital via Cancellation For For ecial of Repurchased Shares Bigben Interactive SA BIG 19-Jul-19 Annual/Sp Management 20 Authorize Filing of Required Documents/Other For For ecial Formalities Chongqing Department Store Co., Ltd. 600729 19-Jul-19 Special Management 1 Approve Daily Related Party Transactions For For Chongqing Department Store Co., Ltd. 600729 19-Jul-19 Special Management 2 Approve Related Party Transaction in Connection to For Against This proposal is not in shareholders' best interests. Handling Shareholder Deposits Chongqing Department Store Co., Ltd. 600729 19-Jul-19 Special Management 3 Approve Authorization of the Board to Handle All For Against This proposal is not in shareholders' best interests. Related Matters Cofide-Gruppo de Benedetti SpA COF 19-Jul-19 Special Management 1 Approve Merger by Incorporation with CIR SpA - For For Compagnie Industriali Riunite; Approve Increase in Capital to Service the Merger and Stock Option Plans Cofide-Gruppo de Benedetti SpA COF 19-Jul-19 Special Management 1 Approve Stock Grant Plan For Against The stock option plan does not meet our guidelines.

Compagnie Industriali Riunite SpA CIR 19-Jul-19 Special Management 1 Approve a Merger with COFIDE - Gruppo De For Against We do not believe that support for this proposal is Benedetti SpA in the best interests of shareholders. Kangde Xin Composite Material Group Co., Ltd. 002450 19-Jul-19 Special Management 1.1 Elect Wang Derui as Independent Director For For Kangde Xin Composite Material Group Co., Ltd. 002450 19-Jul-19 Special Management 1.2 Elect Wang Xiaonan as Independent Director For For Kangde Xin Composite Material Group Co., Ltd. 002450 19-Jul-19 Special Management 1.3 Elect Liang Zhendong as Independent Director For For Kangde Xin Composite Material Group Co., Ltd. 002450 19-Jul-19 Special Management 2.1 Elect Wu Xingjun as Non-Independent Director For For Kangde Xin Composite Material Group Co., Ltd. 002450 19-Jul-19 Special Management 2.2 Elect Hu Jing as Non-Independent Director For For PT Barito Pacific Tbk BRPT 19-Jul-19 Special Management 1 Approve Stock Split and Amend Articles of For Against We are not supportive of this proposal as it lacks Association in Relation to the Stock Split the disclosure necessary for shareholders to make an informed decision. SDIC Power Holdings Co., Ltd. 600886 19-Jul-19 Special Management 1 Approve Guarantee Provision For For

Prepared by: Public Markets Sept. 30, 2019 36 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Tata Steel Ltd. 500470 19-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Tata Steel Ltd. 500470 19-Jul-19 Annual Management 2 Accept Consolidated Financial Statements and For For Statutory Reports Tata Steel Ltd. 500470 19-Jul-19 Annual Management 3 Approve Dividends For For Tata Steel Ltd. 500470 19-Jul-19 Annual Management 4 Reelect Koushik Chatterjee as Director For Against We do not support insiders on the board other than the CEO. Tata Steel Ltd. 500470 19-Jul-19 Annual Management 5 Elect Vijay Kumar Sharma as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Tata Steel Ltd. 500470 19-Jul-19 Annual Management 6 Reelect Mallika Srinivasan as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are holding the Chair of the Nomination Committee accountable for not having addressed the CEO's overboarding. Tata Steel Ltd. 500470 19-Jul-19 Annual Management 7 Reelect O. P. Bhatt as Director For For Tata Steel Ltd. 500470 19-Jul-19 Annual Management 8 Approve Appointment and Remuneration of T. V. For For Narendran as Chief Executive Officer and Managing Director Tata Steel Ltd. 500470 19-Jul-19 Annual Management 9 Approve Remuneration of Cost Auditors For For The British Land Co. Plc BLND 19-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

The British Land Co. Plc BLND 19-Jul-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. The British Land Co. Plc BLND 19-Jul-19 Annual Management 3 Approve Remuneration Policy For For The British Land Co. Plc BLND 19-Jul-19 Annual Management 4 Approve Final Dividend For For The British Land Co. Plc BLND 19-Jul-19 Annual Management 5 Re-elect Simon Carter as Director For Against We do not support insiders on the board other than the CEO. The British Land Co. Plc BLND 19-Jul-19 Annual Management 6 Re-elect Lynn Gladden as Director For For The British Land Co. Plc BLND 19-Jul-19 Annual Management 7 Re-elect Chris Grigg as Director For For The British Land Co. Plc BLND 19-Jul-19 Annual Management 8 Re-elect Alastair Hughes as Director For For The British Land Co. Plc BLND 19-Jul-19 Annual Management 9 Re-elect William Jackson as Director For For The British Land Co. Plc BLND 19-Jul-19 Annual Management 10 Re-elect Nicholas Macpherson as Director For For The British Land Co. Plc BLND 19-Jul-19 Annual Management 11 Re-elect Preben Prebensen as Director For For The British Land Co. Plc BLND 19-Jul-19 Annual Management 12 Re-elect Tim Score as Director For For

Prepared by: Public Markets Sept. 30, 2019 37 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. The British Land Co. Plc BLND 19-Jul-19 Annual Management 13 Re-elect Laura Wade-Gery as Director For For The British Land Co. Plc BLND 19-Jul-19 Annual Management 14 Re-elect Rebecca Worthington as Director For For The British Land Co. Plc BLND 19-Jul-19 Annual Management 15 Reappoint PricewaterhouseCoopers LLP as Auditors For For

The British Land Co. Plc BLND 19-Jul-19 Annual Management 16 Authorise the Audit Committee to Fix Remuneration For For of Auditors The British Land Co. Plc BLND 19-Jul-19 Annual Management 17 Authorise EU Political Donations and Expenditure For For The British Land Co. Plc BLND 19-Jul-19 Annual Management 18 Approve Scrip Dividends For For The British Land Co. Plc BLND 19-Jul-19 Annual Management 19 Authorise Issue of Equity For For The British Land Co. Plc BLND 19-Jul-19 Annual Management 20 Authorise Issue of Equity without Pre-emptive For For Rights The British Land Co. Plc BLND 19-Jul-19 Annual Management 21 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment The British Land Co. Plc BLND 19-Jul-19 Annual Management 22 Authorise Market Purchase of Ordinary Shares For For The British Land Co. Plc BLND 19-Jul-19 Annual Management 23 Authorise the Company to Call General Meeting For For with Two Weeks' Notice Tianqi Lithium Industries, Inc. 002466 19-Jul-19 Special Management 1 Approve Adjustment in Resolution Validity Period of For For Rights Issue Scheme Tianqi Lithium Industries, Inc. 002466 19-Jul-19 Special Management 2 Approve Amendments to the Rights Issue Scheme For For Tianqi Lithium Industries, Inc. 002466 19-Jul-19 Special Management 3 Approve Amendments to Articles of Association For For Tianqi Lithium Industries, Inc. 002466 19-Jul-19 Special Management 4 Approve Provision of Guarantee to the US Dollar For For Bond Issuance of Wholly-owned Subsidiary Tianqi Lithium Industries, Inc. 002466 19-Jul-19 Special Management 5 Approve Authorization of the Board to Handle For For Matters on Issuance of US Dollar Bonds Tianqi Lithium Industries, Inc. 002466 19-Jul-19 Special Management 6 Approve to Appoint Auditor For Against The auditor's tenure is not disclosed.We are voting against the appointment of the audit firm as audit fees are not disclosed. Axis Bank Ltd. 532215 20-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Axis Bank Ltd. 532215 20-Jul-19 Annual Management 2 Approve Dividend For For Axis Bank Ltd. 532215 20-Jul-19 Annual Management 3 Reelect Usha Sangwan as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are voting against this director for missing more than 25 percent of scheduled meetings without disclosing a satisfactory reason.

Prepared by: Public Markets Sept. 30, 2019 38 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Axis Bank Ltd. 532215 20-Jul-19 Annual Management 4 Approve Appointment and Remuneration of Rakesh For Against We are holding the members of the Nomination Makhija as Non-Executive (Part-Time) Chairman Committee accountable for failing to ensure that all key board committees are fully independent. Axis Bank Ltd. 532215 20-Jul-19 Annual Management 5 Approve Revision in the Remuneration of Amitabh For For Chaudhry as Managing Director & CEO Axis Bank Ltd. 532215 20-Jul-19 Annual Management 6 Approve Revision in the Remuneration of Rajiv For For Anand as Executive Director (Wholesale Banking) Axis Bank Ltd. 532215 20-Jul-19 Annual Management 7 Approve Reappointment and Remuneration of Rajiv For For Anand as Whole Time Director Designated as the Executive Director (Wholesale Banking) Axis Bank Ltd. 532215 20-Jul-19 Annual Management 8 Approve Revision in the Remuneration of Rajesh For For Dahiya as Executive Director (CorporateCentre) Axis Bank Ltd. 532215 20-Jul-19 Annual Management 9 Approve Reappointment and Remuneration of For For Rajesh Dahiya as Whole Time Director Designated as the Executive Director (Corporate Centre) Axis Bank Ltd. 532215 20-Jul-19 Annual Management 10 Elect Pralay Mondal as Director For Against We do not support insiders on the board other than the CEO. Axis Bank Ltd. 532215 20-Jul-19 Annual Management 11 Approve Appointment and Remuneration of Pralay For For Mondal as Whole Time Director Designated as the Executive Director (Retail Banking)

Axis Bank Ltd. 532215 20-Jul-19 Annual Management 12 Approve Issuance of Debt Securities on Private For For Placement Basis Axis Bank Ltd. 532215 20-Jul-19 Annual Management 13 Approve Commission to Non-Executive Directors, For For Excluding the Non-Executive (Part-Time) Chairman of the Bank Banco Santander SA SAN 22-Jul-19 Special Management 1 Approve Issuance of Shares in Connection with For For Acquisition of Shares of Banco Santander Mexico SA, Institucion de Banca Multiple, Grupo Financiero Santander Mexico Banco Santander SA SAN 22-Jul-19 Special Management 2 Authorize Board to Ratify and Execute Approved For For Resolutions BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 1 Message of the Chairman None None BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 2 Approve Minutes of Previous Meeting For For BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 3 Approve Operation Results For For BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 4 Approve Financial Statements For For BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 5 Approve Dividend Payment For For BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 6 Approve Remuneration of Directors For For

Prepared by: Public Markets Sept. 30, 2019 39 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 7.1 Elect Keeree Kanjanapas as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are voting against this director due to concerns over tenure. BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 7.2 Elect Surapong Laoha-Unya as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 7.3 Elect Kong Chi Keung as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. We are not supportive of non-independent directors sitting on key board committees.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are holding the Nomination Committee members accountable for not having addressed the CEO's overboarding.

BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 7.4 Elect Suchin Wanglee as Director For Against This director is overboarded.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are holding the Nomination Committee members accountable for not having addressed the CEO's overboarding.

BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 7.5 Elect Pichitra Mahaphon as Director For For BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 8 Approve EY Office Limited as Auditors and For Against The auditor's tenure is not disclosed. Authorize Board to Fix Their Remuneration BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 9 Approve Issuance of Warrants to Purchase Newly For For Issued Ordinary Shares to Existing Shareholders BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 10 Approve Issuance of Warrants to Purchase Ordinary For For Shares to Non-Director Employees of the Company and its Subsidiaries under the BTS Group ESOP 2019 Scheme BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 11 Approve Increase in Registered Capital Under a For For General Mandate Through Private Placement BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 12 Approve Reduction in Registered Capital For For BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 13 Amend Memorandum of Association to Reflect For For Reduction in Registered Capital BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 14 Approve Increase in Registered Capital For For

Prepared by: Public Markets Sept. 30, 2019 40 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 15 Amend Memorandum of Association to Reflect For For Increase in Registered Capital BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 16 Approve Allocation of Newly Issued Ordinary Shares For For to Accommodate Adjustment of Rights for the Warrants to Purchase the Newly Issued Ordinary Shares of BTS-W4 and BTS-W5, Exercise of Warrants Issued to the Non-Director Employees and the Private Placement BTS Group Holdings Public Company Limited BTS 22-Jul-19 Annual Management 17 Other Business For Against We are voting against this proposal to conduct 'other business' at the shareholder meeting as it puts non-attending shareholders voting by proxy at a disadvantage. Equatorial Energia SA EQTL3 22-Jul-19 Special Management 1 Approve Stock Option Plan For Against The stock option plan does not meet our guidelines.

Equatorial Energia SA EQTL3 22-Jul-19 Special Management 2 Approve the Non-Granting of New Options under For Against The stock option plan does not meet our guidelines. the Stock Option Plan Approved at the July 21, 2014, EGM Inner Mongolia Yitai Coal Co., Ltd. 900948 22-Jul-19 Special Management 1.1 Approve Proposed Alignment in the Preparation of For For Financial Statements in Accordance with the PRC Accounting Standards for Business Enterprises

Inner Mongolia Yitai Coal Co., Ltd. 900948 22-Jul-19 Special Management 1.2 Approve Da Hua CPA as Domestic and Overseas For For Auditor Inner Mongolia Yitai Coal Co., Ltd. 900948 22-Jul-19 Special Management 2 Approve Da Hua CPA as Internal Auditor For For Inner Mongolia Yitai Coal Co., Ltd. 900948 22-Jul-19 Special Management 3 Elect Du Yingfen as Director For For Inner Mongolia Yitai Coal Co., Ltd. 900948 22-Jul-19 Special Management 4 Amend Articles of Association For For Bharti Infratel Limited 534816 23-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Bharti Infratel Limited 534816 23-Jul-19 Annual Management 2 Approve Interim Dividends For For Bharti Infratel Limited 534816 23-Jul-19 Annual Management 3 Reelect Devender Singh Rawat as Director For For Bharti Infratel Limited 534816 23-Jul-19 Annual Management 4 Elect Prakul Kaushiva as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.

Bharti Infratel Limited 534816 23-Jul-19 Annual Management 5 Reelect Bharat Sumant Raut as Director For For Bharti Infratel Limited 534816 23-Jul-19 Annual Management 6 Reelect Jitender Balakrishnan as Director For Against This director is overboarded. Bharti Infratel Limited 534816 23-Jul-19 Annual Management 7 Reelect Leena Srivastava as Director For For

Prepared by: Public Markets Sept. 30, 2019 41 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Bharti Infratel Limited 534816 23-Jul-19 Annual Management 8 Reelect Narayanan Kumar as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.This director is overboarded. HDFC Life Insurance Co. Ltd. 540777 23-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

HDFC Life Insurance Co. Ltd. 540777 23-Jul-19 Annual Management 2 Confirm Interim Dividend as Final Dividend For For HDFC Life Insurance Co. Ltd. 540777 23-Jul-19 Annual Management 3 Reelect Keki Mistry as Director For Against We are not supportive of non-independent directors sitting on key board committees.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.This director is overboarded. HDFC Life Insurance Co. Ltd. 540777 23-Jul-19 Annual Management 4 Approve Price Waterhouse Chartered Accountants For For LLP as One of the Joint Statutory Auditors and Authorize Board to Fix Their Remuneration

HDFC Life Insurance Co. Ltd. 540777 23-Jul-19 Annual Management 5 Approve that the Vacancy on the Board Resulting For For from the Retirement of Gerald Grimstone Not be Filled HDFC Life Insurance Co. Ltd. 540777 23-Jul-19 Annual Management 6 Approve Appointment and Remuneration of Bharti For For Gupta Ramola as Director HDFC Life Insurance Co. Ltd. 540777 23-Jul-19 Annual Management 7 Approve Reappointment and Remuneration of VK For Against We are holding the members of the Nomination Viswanathan as Director Committee accountable for failing to ensure that all key board committees are fully independent.This director is overboarded. HDFC Life Insurance Co. Ltd. 540777 23-Jul-19 Annual Management 8 Approve Reappointment and Remuneration of For Against We are holding the members of the Nomination Prasad Chandran as Director Committee accountable for failing to ensure that all key board committees are fully independent. HDFC Life Insurance Co. Ltd. 540777 23-Jul-19 Annual Management 9 Approve Deepak Parekh to Continue Office as Non- For Against This director is overboarded. Executive Director HDFC Life Insurance Co. Ltd. 540777 23-Jul-19 Annual Management 10 Approve Revision in the Remuneration of Vibha For For Padalkar as Managing Director & Chief Executive Officer HDFC Life Insurance Co. Ltd. 540777 23-Jul-19 Annual Management 11 Approve Revision in the Remuneration of Suresh For For Badami as Executive Director HDFC Life Insurance Co. Ltd. 540777 23-Jul-19 Annual Management 12 Approve Employee Stock Options Scheme - 2019 For Against The employee stock options scheme does not meet and Approve Grant of Employee Stock Options to our guidelines. Eligible Employees of the Company

Prepared by: Public Markets Sept. 30, 2019 42 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. HDFC Life Insurance Co. Ltd. 540777 23-Jul-19 Annual Management 13 Approve Employee Stock Options Scheme - 2019 For Against The employee stock options scheme does not meet and Approve Grant of Stock Options to Eligible our guidelines. Employees of Subsidiary Companies Under the Employee Stock Option Scheme - 2019 HDFC Life Insurance Co. Ltd. 540777 23-Jul-19 Annual Management 14 Approve Increase in Limit on Foreign Shareholdings For For

ICON plc ICLR 23-Jul-19 Annual Management 1.1 Elect Director John Climax For For ICON plc ICLR 23-Jul-19 Annual Management 1.2 Elect Director Steve Cutler For For ICON plc ICLR 23-Jul-19 Annual Management 1.3 Elect Director William Hall For Against We are holding the Chair of the Nomination Committee accountable for inadequate gender diversity on the board. ICON plc ICLR 23-Jul-19 Annual Management 2 Accept Financial Statements and Statutory Reports For For

ICON plc ICLR 23-Jul-19 Annual Management 3 Authorize Board to Fix Remuneration of Auditors For Against The auditor's tenure exceeds our guidelines.We are voting against the appointment of the audit firm as the non-audit fees exceed our guidelines. ICON plc ICLR 23-Jul-19 Annual Management 4 Authorize Issue of Equity For For ICON plc ICLR 23-Jul-19 Annual Management 5 Authorize Issue of Equity without Pre-emptive For For Rights ICON plc ICLR 23-Jul-19 Annual Management 6 Authorize Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment ICON plc ICLR 23-Jul-19 Annual Management 7 Authorize Share Repurchase Program For For ICON plc ICLR 23-Jul-19 Annual Management 8 Approve the Price Range for the Reissuance of For For Shares Mahindra & Mahindra Financial Services Limited 532720 23-Jul-19 Annual Management 1 Accept Standalone Financial Statements and For For Statutory Reports Mahindra & Mahindra Financial Services Limited 532720 23-Jul-19 Annual Management 2 Accept Consolidated Financial Statements and For For Statutory Reports Mahindra & Mahindra Financial Services Limited 532720 23-Jul-19 Annual Management 3 Approve Dividends For For Mahindra & Mahindra Financial Services Limited 532720 23-Jul-19 Annual Management 4 Reelect V. Ravi as Director For Against We do not support insiders on the board other than the CEO. Mahindra & Mahindra Financial Services Limited 532720 23-Jul-19 Annual Management 5 Reelect Dhananjay Mungale as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Mahindra & Mahindra Financial Services Limited 532720 23-Jul-19 Annual Management 6 Reelect Rama Bijapurkar as Director For For Mahindra & Mahindra Financial Services Limited 532720 23-Jul-19 Annual Management 7 Approve Increase in Borrowing Powers For For Singapore Telecommunications Limited Z74 23-Jul-19 Annual Management 1 Adopt Financial Statements and Directors' and For For Auditors' Reports

Prepared by: Public Markets Sept. 30, 2019 43 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Singapore Telecommunications Limited Z74 23-Jul-19 Annual Management 2 Approve Final Dividend For For Singapore Telecommunications Limited Z74 23-Jul-19 Annual Management 3 Elect Christina Hon Kwee Fong (Christina Ong) as For Against We are not supportive of non-independent Director directors sitting on key board committees.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Singapore Telecommunications Limited Z74 23-Jul-19 Annual Management 4 Elect Simon Claude Israel as Director For Against We are not supportive of non-independent directors sitting on key board committees.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Singapore Telecommunications Limited Z74 23-Jul-19 Annual Management 5 Elect Dominic Stephen Barton as Director For For Singapore Telecommunications Limited Z74 23-Jul-19 Annual Management 6 Elect Bradley Joseph Horowitz as Director For For Singapore Telecommunications Limited Z74 23-Jul-19 Annual Management 7 Elect Gail Patricia Kelly as Director For For Singapore Telecommunications Limited Z74 23-Jul-19 Annual Management 8 Approve Directors' Fees For For Singapore Telecommunications Limited Z74 23-Jul-19 Annual Management 9 Approve Auditors and Authorize Board to Fix Their For For Remuneration Singapore Telecommunications Limited Z74 23-Jul-19 Annual Management 10 Approve Issuance of Equity or Equity-Linked For For Securities with or without Preemptive Rights Singapore Telecommunications Limited Z74 23-Jul-19 Annual Management 11 Approve Grant of Awards and Issuance of Shares For For Under the Singtel Performance Share Plan 2012 Singapore Telecommunications Limited Z74 23-Jul-19 Annual Management 12 Authorize Share Repurchase Program For For Vodacom Group Ltd. VOD 23-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For for the Year Ended 31 March 2019 Vodacom Group Ltd. VOD 23-Jul-19 Annual Management 2 Elect Phuti Mahanyele-Dabengwa as Director For For Vodacom Group Ltd. VOD 23-Jul-19 Annual Management 3 Elect Sunil Sood as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Vodacom Group Ltd. VOD 23-Jul-19 Annual Management 4 Elect Thomas Reisten as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Vodacom Group Ltd. VOD 23-Jul-19 Annual Management 5 Re-elect Jabu Moleketi as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.

Prepared by: Public Markets Sept. 30, 2019 44 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Vodacom Group Ltd. VOD 23-Jul-19 Annual Management 6 Re-elect John Otty as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Vodacom Group Ltd. VOD 23-Jul-19 Annual Management 7 Appoint Ernst & Young Inc. as Auditors of the For For Company with Vinodhan Pillay as the Individual Registered Auditor Vodacom Group Ltd. VOD 23-Jul-19 Annual Management 8 Approve Remuneration Policy For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Vodacom Group Ltd. VOD 23-Jul-19 Annual Management 9 Approve Implementation of the Remuneration For Against We are voting against this advisory vote on Policy executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Vodacom Group Ltd. VOD 23-Jul-19 Annual Management 10 Re-elect David Brown as Member of the Audit, Risk For For and Compliance Committee Vodacom Group Ltd. VOD 23-Jul-19 Annual Management 11 Re-elect Saki Macozoma as Member of the Audit, For For Risk and Compliance Committee Vodacom Group Ltd. VOD 23-Jul-19 Annual Management 12 Re-elect Priscillah Mabelane as Member of the For For Audit, Risk and Compliance Committee Vodacom Group Ltd. VOD 23-Jul-19 Annual Management 13 Authorise Repurchase of Issued Share Capital For For Vodacom Group Ltd. VOD 23-Jul-19 Annual Management 14 Approve Increase in Non-Executive Directors' Fees For For

Vodacom Group Ltd. VOD 23-Jul-19 Annual Management 15 Approve Financial Assistance in Terms of Section 45 For For of the Companies Act Vodafone Group Plc VOD 23-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Vodafone Group Plc VOD 23-Jul-19 Annual Management 2 Elect Sanjiv Ahuja as Director For For Vodafone Group Plc VOD 23-Jul-19 Annual Management 3 Elect David Thodey as Director For For Vodafone Group Plc VOD 23-Jul-19 Annual Management 4 Re-elect Gerard Kleisterlee as Director For For Vodafone Group Plc VOD 23-Jul-19 Annual Management 5 Re-elect Nick Read as Director For For Vodafone Group Plc VOD 23-Jul-19 Annual Management 6 Re-elect Margherita Della Valle as Director For Against We do not support insiders on the board other than the CEO. Vodafone Group Plc VOD 23-Jul-19 Annual Management 7 Re-elect Sir Crispin Davis as Director For For Vodafone Group Plc VOD 23-Jul-19 Annual Management 8 Re-elect Michel Demare as Director For For Vodafone Group Plc VOD 23-Jul-19 Annual Management 9 Re-elect Dame Clara Furse as Director For For Vodafone Group Plc VOD 23-Jul-19 Annual Management 10 Re-elect Valerie Gooding as Director For For Vodafone Group Plc VOD 23-Jul-19 Annual Management 11 Re-elect Renee James as Director For For

Prepared by: Public Markets Sept. 30, 2019 45 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Vodafone Group Plc VOD 23-Jul-19 Annual Management 12 Re-elect Maria Amparo Moraleda Martinez as For For Director Vodafone Group Plc VOD 23-Jul-19 Annual Management 13 Re-elect David Nish as Director For For Vodafone Group Plc VOD 23-Jul-19 Annual Management 14 Approve Final Dividend For For Vodafone Group Plc VOD 23-Jul-19 Annual Management 15 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Vodafone Group Plc VOD 23-Jul-19 Annual Management 16 Appoint Ernst & Young LLP as Auditors For For Vodafone Group Plc VOD 23-Jul-19 Annual Management 17 Authorise the Audit and Risk Committee to Fix For For Remuneration of Auditors Vodafone Group Plc VOD 23-Jul-19 Annual Management 18 Authorise Issue of Equity For For Vodafone Group Plc VOD 23-Jul-19 Annual Management 19 Authorise Issue of Equity without Pre-emptive For For Rights Vodafone Group Plc VOD 23-Jul-19 Annual Management 20 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Vodafone Group Plc VOD 23-Jul-19 Annual Management 21 Authorise Market Purchase of Ordinary Shares For For Vodafone Group Plc VOD 23-Jul-19 Annual Management 22 Authorise EU Political Donations and Expenditure For For Vodafone Group Plc VOD 23-Jul-19 Annual Management 23 Authorise the Company to Call General Meeting For For with Two Weeks' Notice WestJet Airlines Ltd. WJA 23-Jul-19 Special Management 1 Approve Acquisition of All Issued and Outstanding For For Common and Variable Voting Shares by Kestrel Bidco Inc.of WestJet WestJet Airlines Ltd. WJA 23-Jul-19 Special Management 2 The Undersigned Hereby Certifies that the Shares None For Represented by this Proxy are Owned and Controlled by a Canadian. Vote FOR = Yes and ABSTAIN = No. A Vote Against will be treated as not voted. Zee Entertainment Enterprises Limited 505537 23-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Zee Entertainment Enterprises Limited 505537 23-Jul-19 Annual Management 2 Confirm Dividend on Preference Shares For For Zee Entertainment Enterprises Limited 505537 23-Jul-19 Annual Management 3 Declare Dividend on Equity Shares For For

Prepared by: Public Markets Sept. 30, 2019 46 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Zee Entertainment Enterprises Limited 505537 23-Jul-19 Annual Management 4 Reelect Subhash Chandra as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are voting against this director for missing more than 25 percent of scheduled meetings without disclosing a satisfactory reason.We are voting against this director due to concerns over tenure. Zee Entertainment Enterprises Limited 505537 23-Jul-19 Annual Management 5 Approve Remuneration of Cost Auditors For For Eurobank Ergasias SA EUROB 24-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Eurobank Ergasias SA EUROB 24-Jul-19 Annual Management 2 Approve Discharge of Board and Auditors For For Eurobank Ergasias SA EUROB 24-Jul-19 Annual Management 3 Ratify Auditors For For Eurobank Ergasias SA EUROB 24-Jul-19 Annual Management 4 Approve Remuneration Policy For For Eurobank Ergasias SA EUROB 24-Jul-19 Annual Management 5 Approve Director Remuneration For For Experian Plc EXPN 24-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Experian Plc EXPN 24-Jul-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Experian Plc EXPN 24-Jul-19 Annual Management 3 Re-elect Dr Ruba Borno as Director For For Experian Plc EXPN 24-Jul-19 Annual Management 4 Re-elect Brian Cassin as Director For For Experian Plc EXPN 24-Jul-19 Annual Management 5 Re-elect Caroline Donahue as Director For For Experian Plc EXPN 24-Jul-19 Annual Management 6 Re-elect Luiz Fleury as Director For For Experian Plc EXPN 24-Jul-19 Annual Management 7 Re-elect Deirdre Mahlan as Director For For Experian Plc EXPN 24-Jul-19 Annual Management 8 Re-elect Lloyd Pitchford as Director For Against We do not support insiders on the board other than the CEO. Experian Plc EXPN 24-Jul-19 Annual Management 9 Re-elect Mike Rogers as Director For For Experian Plc EXPN 24-Jul-19 Annual Management 10 Re-elect George Rose as Director For For Experian Plc EXPN 24-Jul-19 Annual Management 11 Re-elect Kerry Williams as Director For Against We do not support insiders on the board other than the CEO. Experian Plc EXPN 24-Jul-19 Annual Management 12 Reappoint KPMG LLP as Auditors For For Experian Plc EXPN 24-Jul-19 Annual Management 13 Authorise Board to Fix Remuneration of Auditors For For Experian Plc EXPN 24-Jul-19 Annual Management 14 Authorise Issue of Equity For For Experian Plc EXPN 24-Jul-19 Annual Management 15 Authorise Issue of Equity without Pre-emptive For For Rights

Prepared by: Public Markets Sept. 30, 2019 47 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Experian Plc EXPN 24-Jul-19 Annual Management 16 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Experian Plc EXPN 24-Jul-19 Annual Management 17 Authorise Market Purchase of Ordinary Shares For For Fidelity National Information Services, Inc. FIS 24-Jul-19 Special Management 1 Issue Shares in Connection with Merger For For Fidelity National Information Services, Inc. FIS 24-Jul-19 Special Management 2 Increase Authorized Common Stock For For Fidelity National Information Services, Inc. FIS 24-Jul-19 Special Management 3 Adjourn Meeting For For Link Real Estate Investment Trust 823 24-Jul-19 Annual Management 1 Note the Financial Statements and Statutory None None Reports Link Real Estate Investment Trust 823 24-Jul-19 Annual Management 2 Note the Appointment of Auditor and Fixing of Their None None Remuneration Link Real Estate Investment Trust 823 24-Jul-19 Annual Management 3.1 Elect Ed Chan Yiu Cheong as Director For For Link Real Estate Investment Trust 823 24-Jul-19 Annual Management 3.2 Elect Blair Chilton Pickerell as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Link Real Estate Investment Trust 823 24-Jul-19 Annual Management 3.3 Elect May Siew Boi Tan as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Link Real Estate Investment Trust 823 24-Jul-19 Annual Management 4 Authorize Repurchase of Issued Units For For Mediclinic International Plc MDC 24-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Mediclinic International Plc MDC 24-Jul-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Mediclinic International Plc MDC 24-Jul-19 Annual Management 3 Approve Final Dividend For For Mediclinic International Plc MDC 24-Jul-19 Annual Management 4 Elect Dr Anja Oswald as Director For For Mediclinic International Plc MDC 24-Jul-19 Annual Management 5 Re-elect Dr Ronnie van der Merwe as Director For For Mediclinic International Plc MDC 24-Jul-19 Annual Management 6 Re-elect Jurgens Myburgh as Director For Against We do not support insiders on the board other than the CEO. Mediclinic International Plc MDC 24-Jul-19 Annual Management 7 Re-elect Dr Edwin Hertzog as Director For Against We are not supportive of non-independent directors sitting on key board committees.We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Mediclinic International Plc MDC 24-Jul-19 Annual Management 8 Re-elect Dr Muhadditha Al Hashimi as Director For For

Prepared by: Public Markets Sept. 30, 2019 48 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Mediclinic International Plc MDC 24-Jul-19 Annual Management 9 Re-elect Jannie Durand as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.This director is overboarded. Mediclinic International Plc MDC 24-Jul-19 Annual Management 10 Re-elect Alan Grieve as Director For For Mediclinic International Plc MDC 24-Jul-19 Annual Management 11 Re-elect Dr Felicity Harvey as Director For For Mediclinic International Plc MDC 24-Jul-19 Annual Management 12 Re-elect Seamus Keating as Director For For Mediclinic International Plc MDC 24-Jul-19 Annual Management 13 Re-elect Danie Meintjes as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Mediclinic International Plc MDC 24-Jul-19 Annual Management 14 Re-elect Trevor Petersen as Director For For Mediclinic International Plc MDC 24-Jul-19 Annual Management 15 Reappoint PricewaterhouseCoopers LLP as Auditors For For

Mediclinic International Plc MDC 24-Jul-19 Annual Management 16 Authorise the Audit and Risk Committee to Fix For For Remuneration of Auditors Mediclinic International Plc MDC 24-Jul-19 Annual Management 17 Authorise EU Political Donations and Expenditure For For Mediclinic International Plc MDC 24-Jul-19 Annual Management 18 Authorise Issue of Equity For For Mediclinic International Plc MDC 24-Jul-19 Annual Management 19 Authorise Issue of Equity without Pre-emptive For For Rights Mediclinic International Plc MDC 24-Jul-19 Annual Management 20 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Mediclinic International Plc MDC 24-Jul-19 Annual Management 21 Authorise the Company to Call General Meeting For For with Two Weeks' Notice QinetiQ Group plc QQ 24-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

QinetiQ Group plc QQ 24-Jul-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. QinetiQ Group plc QQ 24-Jul-19 Annual Management 3 Approve Final Dividend For For QinetiQ Group plc QQ 24-Jul-19 Annual Management 4 Re-elect Lynn Brubaker as Director For Against We are holding the Nomination Committee members accountable for inadequate gender diversity on the board.

Prepared by: Public Markets Sept. 30, 2019 49 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. QinetiQ Group plc QQ 24-Jul-19 Annual Management 5 Re-elect Sir James Burnell-Nugent as Director For Against We are holding the Nomination Committee members accountable for inadequate gender diversity on the board. QinetiQ Group plc QQ 24-Jul-19 Annual Management 6 Re-elect Michael Harper as Director For Against We are holding the Nomination Committee members accountable for inadequate gender diversity on the board. QinetiQ Group plc QQ 24-Jul-19 Annual Management 7 Elect Neil Johnson as Director For For QinetiQ Group plc QQ 24-Jul-19 Annual Management 8 Re-elect Ian Mason as Director For Against We are holding the Nomination Committee members accountable for inadequate gender diversity on the board. QinetiQ Group plc QQ 24-Jul-19 Annual Management 9 Re-elect Paul Murray as Director For Against We are holding the Nomination Committee members accountable for inadequate gender diversity on the board. QinetiQ Group plc QQ 24-Jul-19 Annual Management 10 Re-elect Susan Searle as Director For Against We are holding the Nomination Committee members accountable for inadequate gender diversity on the board. QinetiQ Group plc QQ 24-Jul-19 Annual Management 11 Re-elect David Smith as Director For Against We do not support insiders on the board other than the CEO. QinetiQ Group plc QQ 24-Jul-19 Annual Management 12 Re-elect Steve Wadey as Director For For QinetiQ Group plc QQ 24-Jul-19 Annual Management 13 Reappoint PricewaterhouseCoopers LLP as Auditors For For

QinetiQ Group plc QQ 24-Jul-19 Annual Management 14 Authorise the Audit Committee to Fix Remuneration For For of Auditors QinetiQ Group plc QQ 24-Jul-19 Annual Management 15 Authorise EU Political Donations and Expenditure For For QinetiQ Group plc QQ 24-Jul-19 Annual Management 16 Authorise Issue of Equity For For QinetiQ Group plc QQ 24-Jul-19 Annual Management 17 Authorise Issue of Equity without Pre-emptive For For Rights QinetiQ Group plc QQ 24-Jul-19 Annual Management 18 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment QinetiQ Group plc QQ 24-Jul-19 Annual Management 19 Authorise Market Purchase of Ordinary Shares For For QinetiQ Group plc QQ 24-Jul-19 Annual Management 20 Authorise the Company to Call General Meeting For For with Two Weeks' Notice QinetiQ Group plc QQ 24-Jul-19 Annual Management 21 Adopt New Articles of Association For For Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 1 Approve Financial Statements and Statutory For For ecial Reports Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 2 Approve Consolidated Financial Statements and For For ecial Statutory Reports

Prepared by: Public Markets Sept. 30, 2019 50 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 3 Approve Allocation of Income and Dividends of EUR For For ecial 1.65 per Share Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 4 Approve Exceptional Dividends of EUR 1 per Share For For ecial Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 5 Approve Auditors' Special Report on Related-Party For Against We are not supportive of this proposal as it lacks ecial Transactions the disclosure necessary for shareholders to make an informed decision. Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 6 Reelect Marc Heriard Dubreuil as Director For Against We are voting against this director due to concerns ecial over tenure. Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 7 Reelect Olivier Jolivet as Director For For ecial Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 8 Reelect ORPAR as Director For Against We are not supportive of non-independent ecial directors sitting on key board committees.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are voting against the member of the Nomination Committee for not providing the Independent Lead Director with all necessary powers required for an effective counter-balance to the non-independent Chair position. Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 9 Elect Helene Dubrule as Director For For ecial Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 10 Elect Marie-Amelie Jacquet as Director For For ecial Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 11 Approve Remuneration of Directors in the For For ecial Aggregate Amount of EUR 620,000 Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 12 Approve Remuneration Policy of Chairman of the For Against We are voting against this advisory vote on ecial Board executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 13 Approve Remuneration Policy of CEO For Against We are voting against this advisory vote on ecial executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 14 Approve Compensation of Marc Heriard Dubreuil, For For ecial Chairman of the Board

Prepared by: Public Markets Sept. 30, 2019 51 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 15 Approve Compensation of Valerie Chapoulaud- For Against We are voting against this advisory vote on ecial Floquet, CEO executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 16 Authorize Repurchase of Up to 10 Percent of Issued For Against The proposed share repurchase program does not ecial Share Capital have sufficient limits to protect existing shareholders. Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 17 Authorize Decrease in Share Capital via Cancellation For For ecial of Repurchased Shares Remy Cointreau SA RCO 24-Jul-19 Annual/Sp Management 18 Authorize Filing of Required Documents/Other For For ecial Formalities Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 1 Approve Company's Eligibility for Rights Issue For For Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 2 Approve Plan for Rights Issue For For Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 2.1 Approve Issue Type and Par Value For For Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 2.2 Approve Issue Manner For For Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 2.3 Approve Base, Proportion and Number of Shares For For Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 2.4 Approve Pricing Principles and Share Price For For Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 2.5 Approve Target Subscriber For For Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 2.6 Approve Distribution Arrangement of Undistributed For For Earnings Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 2.7 Approve Time of Issuance For For Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 2.8 Approve Underwriting Method For For Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 2.9 Approve Use of Proceeds For For Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 2.10 Approve Resolution Validity Period For For Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 2.11 Approve Listing Transfer For For Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 3 Approve Plan on Rights Issue Scheme via Public For For Offering Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 4 Approve Feasibility Analysis Report on the Use of For For Proceeds Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 5 Approve Proposal on Not Requiring the Preparation For For of the Report on the Use of the Previous Raised Funds Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 6 Approve Impact of Dilution of Current Returns on For For Major Financial Indicators and the Relevant Measures to be Taken Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 7 Approve Shareholder Return Plan For For Sichuan Kelun Pharmaceutical Co., Ltd. 002422 24-Jul-19 Special Management 8 Approve Authorization of Board to Handle All For For Related Matters

Prepared by: Public Markets Sept. 30, 2019 52 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Vertu Motors Plc VTU 24-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Vertu Motors Plc VTU 24-Jul-19 Annual Management 2 Reappoint PricewaterhouseCoopers LLP as Auditors For For

Vertu Motors Plc VTU 24-Jul-19 Annual Management 3 Authorise Board to Fix Remuneration of Auditors For For Vertu Motors Plc VTU 24-Jul-19 Annual Management 4 Approve Final Dividend For For Vertu Motors Plc VTU 24-Jul-19 Annual Management 5 Elect David Crane as Director For Against We do not support insiders on the board other than the CEO. Vertu Motors Plc VTU 24-Jul-19 Annual Management 6 Elect Karen Anderson as Director For Against We do not support insiders on the board other than the CEO. Vertu Motors Plc VTU 24-Jul-19 Annual Management 7 Elect Andrew Goss as Director For For Vertu Motors Plc VTU 24-Jul-19 Annual Management 8 Re-elect Ken Lever as Director For For Vertu Motors Plc VTU 24-Jul-19 Annual Management 9 Re-elect Peter Jones as Director For For Vertu Motors Plc VTU 24-Jul-19 Annual Management 10 Approve Remuneration Report For For Vertu Motors Plc VTU 24-Jul-19 Annual Management 11 Authorise Issue of Equity For For Vertu Motors Plc VTU 24-Jul-19 Annual Management 12 Authorise Issue of Equity without Pre-emptive For For Rights Vertu Motors Plc VTU 24-Jul-19 Annual Management 13 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Vertu Motors Plc VTU 24-Jul-19 Annual Management 14 Authorise Market Purchase of Ordinary Shares For For Vertu Motors Plc VTU 24-Jul-19 Annual Management 15 Amend Long Term Incentive Plan For Against The long term incentive plan does not meet our guidelines. Worldpay, Inc. WP 24-Jul-19 Special Management 1 Approve Merger Agreement For For Worldpay, Inc. WP 24-Jul-19 Special Management 2 Advisory Vote on Golden Parachutes For For Worldpay, Inc. WP 24-Jul-19 Special Management 3 Adjourn Meeting For For Alliance Bank Malaysia Berhad 2488 25-Jul-19 Annual Management 1 Approve Directors' Fees and Board Committees' For For Fees Alliance Bank Malaysia Berhad 2488 25-Jul-19 Annual Management 2 Approve Directors' Benefits (Other than Directors' For For Fees and Board Committees' Fees) Alliance Bank Malaysia Berhad 2488 25-Jul-19 Annual Management 3 Elect Kuah Hun Liang as Director For For Alliance Bank Malaysia Berhad 2488 25-Jul-19 Annual Management 4 Elect Lee Ah Boon as Director For Against We are not supportive of non-independent directors sitting on key board committees. Alliance Bank Malaysia Berhad 2488 25-Jul-19 Annual Management 5 Elect Ahmad Bin Mohd Don as Director For For Alliance Bank Malaysia Berhad 2488 25-Jul-19 Annual Management 6 Elect Susan Yuen Su Min as Director For For Alliance Bank Malaysia Berhad 2488 25-Jul-19 Annual Management 7 Approve PricewaterhouseCoopers PLT as Auditors For For and Authorize Board to Fix Their Remuneration

Alliance Bank Malaysia Berhad 2488 25-Jul-19 Annual Management 1 Amend Constitution For For

Prepared by: Public Markets Sept. 30, 2019 53 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Bajaj Finance Limited 500034 25-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Bajaj Finance Limited 500034 25-Jul-19 Annual Management 2 Approve Dividend For For Bajaj Finance Limited 500034 25-Jul-19 Annual Management 3 Reelect Rajivnayan Rahulkumar Bajaj as Director For Against This director is overboarded. Bajaj Finance Limited 500034 25-Jul-19 Annual Management 4 Elect Naushad Darius Forbes as Director For For Bajaj Finance Limited 500034 25-Jul-19 Annual Management 5 Elect Anami N Roy as Director For For Bajaj Finance Limited 500034 25-Jul-19 Annual Management 6 Reelect Nanoo Gobindram Pamnani as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Bajaj Finance Limited 500034 25-Jul-19 Annual Management 7 Reelect Dipak Kumar Poddar as Director For Against We are voting against this director due to concerns over tenure. Bajaj Finance Limited 500034 25-Jul-19 Annual Management 8 Reelect Ranjan Surajprakash Sanghi as Director For Against We are voting against this director due to concerns over tenure. Bajaj Finance Limited 500034 25-Jul-19 Annual Management 9 Reelect Balaji Rao Jagannathrao Doveton as For For Director Bajaj Finance Limited 500034 25-Jul-19 Annual Management 10 Reelect Omkar Goswami as Director For Against This director is overboarded. Bajaj Finance Limited 500034 25-Jul-19 Annual Management 11 Reelect Gita Piramal as Director For For Bajaj Finance Limited 500034 25-Jul-19 Annual Management 12 Approve Rahulkumar Kamalnayan Bajaj to Continue For Against We are not supportive of non-independent Office as Non-Executive and Non-Independent directors sitting on key board committees.We are Director voting against this director due to concerns over tenure. Bajaj Finance Limited 500034 25-Jul-19 Annual Management 13 Approve Issuance of Non-Convertible Debentures For For on Private Placement Basis Bajaj Finserv Limited 532978 25-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Bajaj Finserv Limited 532978 25-Jul-19 Annual Management 2 Approve Dividend For For Bajaj Finserv Limited 532978 25-Jul-19 Annual Management 3 Reelect Madhurkumar Ramkrishnaji Bajaj as For Against Since the board's overall independence level does Director not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.This director is overboarded. Bajaj Finserv Limited 532978 25-Jul-19 Annual Management 4 Approve Remuneration of Cost Auditors For For Bajaj Finserv Limited 532978 25-Jul-19 Annual Management 5 Elect Anami N Roy as Director For For Bajaj Finserv Limited 532978 25-Jul-19 Annual Management 6 Elect Manish Santoshkumar Kejriwal as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Bajaj Finserv Limited 532978 25-Jul-19 Annual Management 7 Reelect Nanoo Gobindram Pamnani as Director For Against We are holding the Chair of the Nomination Committee accountable for not having addressed the CEO's overboarding.

Prepared by: Public Markets Sept. 30, 2019 54 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Bajaj Finserv Limited 532978 25-Jul-19 Annual Management 8 Reelect Balaji Rao Jagannathrao Doveton as For For Director Bajaj Finserv Limited 532978 25-Jul-19 Annual Management 9 Reelect Gita Piramal as Director For For Bajaj Finserv Limited 532978 25-Jul-19 Annual Management 10 Approve Rahulkumar Kamalnayan Bajaj to Continue For For Office as Non-Executive Director Bajaj Finserv Limited 532978 25-Jul-19 Annual Management 11 Approve Payment of Remuneration to Sanjivnayan For Against The director remuneration plan does not meet our Rahulkumar Bajaj as Managing Director & CEO guidelines

EXACT Sciences Corporation EXAS 25-Jul-19 Annual Management 1.1 Elect Director Kevin T. Conroy For For EXACT Sciences Corporation EXAS 25-Jul-19 Annual Management 1.2 Elect Director Katherine S. Zanotti For For EXACT Sciences Corporation EXAS 25-Jul-19 Annual Management 2 Ratify BDO USA, LLP as Auditors For For EXACT Sciences Corporation EXAS 25-Jul-19 Annual Management 3 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance. EXACT Sciences Corporation EXAS 25-Jul-19 Annual Management 4 Approve Omnibus Stock Plan For Against The omnibus stock plan does not meet our guidelines. Halma Plc HLMA 25-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Halma Plc HLMA 25-Jul-19 Annual Management 2 Approve Final Dividend For For Halma Plc HLMA 25-Jul-19 Annual Management 3 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Halma Plc HLMA 25-Jul-19 Annual Management 4 Re-elect Paul Walker as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Halma Plc HLMA 25-Jul-19 Annual Management 5 Re-elect Andrew Williams as Director For Against We are not supportive of non-independent directors sitting on key board committees. Halma Plc HLMA 25-Jul-19 Annual Management 6 Re-elect Adam Meyers as Director For Against We do not support insiders on the board other than the CEO. Halma Plc HLMA 25-Jul-19 Annual Management 7 Re-elect Daniela Barone Soares as Director For For Halma Plc HLMA 25-Jul-19 Annual Management 8 Re-elect Roy Twite as Director For For Halma Plc HLMA 25-Jul-19 Annual Management 9 Re-elect Tony Rice as Director For For Halma Plc HLMA 25-Jul-19 Annual Management 10 Re-elect Carole Cran as Director For For Halma Plc HLMA 25-Jul-19 Annual Management 11 Re-elect Jo Harlow as Director For For Halma Plc HLMA 25-Jul-19 Annual Management 12 Re-elect Jennifer Ward as Director For Against We do not support insiders on the board other than the CEO.

Prepared by: Public Markets Sept. 30, 2019 55 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Halma Plc HLMA 25-Jul-19 Annual Management 13 Re-elect Marc Ronchetti as Director For Against We do not support insiders on the board other than the CEO. Halma Plc HLMA 25-Jul-19 Annual Management 14 Reappoint PricewaterhouseCoopers LLP as Auditors For For

Halma Plc HLMA 25-Jul-19 Annual Management 15 Authorise Board to Fix Remuneration of Auditors For For Halma Plc HLMA 25-Jul-19 Annual Management 16 Authorise Issue of Equity For For Halma Plc HLMA 25-Jul-19 Annual Management 17 Authorise Issue of Equity without Pre-emptive For For Rights Halma Plc HLMA 25-Jul-19 Annual Management 18 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Halma Plc HLMA 25-Jul-19 Annual Management 19 Authorise Market Purchase of Ordinary Shares For For Halma Plc HLMA 25-Jul-19 Annual Management 20 Authorise the Company to Call General Meeting For For with Two Weeks' Notice Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 3 Reappoint Deloitte LLP as Auditors For Against The auditor's tenure exceeds our guidelines. Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 4 Authorise the Audit Committee to Fix Remuneration For Against The auditor's tenure exceeds our guidelines. of Auditors Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 5 Approve Final Dividend For For Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 6 Re-elect Kevin Parry as Director For For Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 7 Re-elect Benoit Durteste as Director For For Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 8 Re-elect Virginia Holmes as Director For For Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 9 Re-elect Michael Nelligan as Director For For Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 10 Re-elect Kathryn Purves as Director For For Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 11 Re-elect Amy Schioldager as Director For For Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 12 Re-elect Andrew Sykes as Director For For Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 13 Re-elect Stephen Welton as Director For For Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 14 Elect Vijay Bharadia as Director For Against We do not support insiders on the board other than the CEO. Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 15 Authorise Issue of Equity For For Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 16 Authorise Issue of Equity without Pre-emptive For For Rights

Prepared by: Public Markets Sept. 30, 2019 56 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 17 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 18 Authorise Market Purchase of Ordinary Shares For For Intermediate Capital Group Plc ICP 25-Jul-19 Annual Management 19 Authorise the Company to Call General Meeting For For with Two Weeks' Notice JSW Steel Limited 500228 25-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

JSW Steel Limited 500228 25-Jul-19 Annual Management 2 Approve Dividend on 10 Percent Cumulative For For Redeemable Preference Shares JSW Steel Limited 500228 25-Jul-19 Annual Management 3 Approve Dividend on 0.01 Percent Cumulative For For Redeemable Preference Shares JSW Steel Limited 500228 25-Jul-19 Annual Management 4 Approve Dividend on Equity Shares For For JSW Steel Limited 500228 25-Jul-19 Annual Management 5 Reelect Jayant Acharya as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. JSW Steel Limited 500228 25-Jul-19 Annual Management 6 Approve Remuneration of Cost Auditors For For JSW Steel Limited 500228 25-Jul-19 Annual Management 7 Elect Harsh Charandas Mariwala as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are holding the Nomination Committee members accountable for not having addressed the CEO's overboarding. This director is overboarded.

JSW Steel Limited 500228 25-Jul-19 Annual Management 8 Elect Nirupama Rao as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are holding the Nomination Committee members accountable for not having addressed the CEO's overboarding. JSW Steel Limited 500228 25-Jul-19 Annual Management 9 Approve Reappointment and Remuneration of For Against This proposal is not in shareholders' best interests. Jayant Acharya as Whole-Time Director JSW Steel Limited 500228 25-Jul-19 Annual Management 10 Approve Remuneration of Directors For For JSW Steel Limited 500228 25-Jul-19 Annual Management 11 Approve Issuance of Redeemable Non-Convertible For For Debentures on Private Placement Basis

JSW Steel Limited 500228 25-Jul-19 Annual Management 12 Approve Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights JSW Steel Limited 500228 25-Jul-19 Annual Management 13 Approve Material Related Party Transactions For For Macquarie Group Limited MQG 25-Jul-19 Annual Management 2a Elect Michael J Hawker as Director For For

Prepared by: Public Markets Sept. 30, 2019 57 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Macquarie Group Limited MQG 25-Jul-19 Annual Management 2b Elect Michael J Coleman as Director For For Macquarie Group Limited MQG 25-Jul-19 Annual Management 2c Elect Philip M Coffey as Director For For Macquarie Group Limited MQG 25-Jul-19 Annual Management 2d Elect Jillian R Broadbent as Director For For Macquarie Group Limited MQG 25-Jul-19 Annual Management 3 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Macquarie Group Limited MQG 25-Jul-19 Annual Management 4 Approve Participation of Shemara Wikramanayake For For in the Macquarie Group Employee Retained Equity Plan Macquarie Group Limited MQG 25-Jul-19 Annual Management 5 Approve the Increase in Maximum Aggregate For For Remuneration of Non-Executive Directors Macquarie Group Limited MQG 25-Jul-19 Annual Management 6 Approve Issuance of Macquarie Group Capital Notes For For 4 Ryman Healthcare Limited RYM 25-Jul-19 Annual Management 2 Approve the Amendments to the Company's For For Constitution Ryman Healthcare Limited RYM 25-Jul-19 Annual Management 3.1 Elect Anthony Leighs as Director For For Ryman Healthcare Limited RYM 25-Jul-19 Annual Management 3.2 Elect George Savvides as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Ryman Healthcare Limited RYM 25-Jul-19 Annual Management 3.3 Elect David Kerr as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Ryman Healthcare Limited RYM 25-Jul-19 Annual Management 4 Authorize Board to Fix Remuneration of the For Against The auditor's tenure is not disclosed. Auditors Tate & Lyle Plc TATE 25-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Tate & Lyle Plc TATE 25-Jul-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Tate & Lyle Plc TATE 25-Jul-19 Annual Management 3 Approve Final Dividend For For Tate & Lyle Plc TATE 25-Jul-19 Annual Management 4 Re-elect Dr Gerry Murphy as Director For For Tate & Lyle Plc TATE 25-Jul-19 Annual Management 5 Re-elect Nick Hampton as Director For For Tate & Lyle Plc TATE 25-Jul-19 Annual Management 6 Elect Imran Nawaz as Director For Against We do not support insiders on the board other than the CEO. Tate & Lyle Plc TATE 25-Jul-19 Annual Management 7 Re-elect Paul Forman as Director For For Tate & Lyle Plc TATE 25-Jul-19 Annual Management 8 Re-elect Lars Frederiksen as Director For For Tate & Lyle Plc TATE 25-Jul-19 Annual Management 9 Re-elect Anne Minto as Director For For

Prepared by: Public Markets Sept. 30, 2019 58 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Tate & Lyle Plc TATE 25-Jul-19 Annual Management 10 Elect Kimberly Nelson as Director For For Tate & Lyle Plc TATE 25-Jul-19 Annual Management 11 Re-elect Dr Ajai Puri as Director For For Tate & Lyle Plc TATE 25-Jul-19 Annual Management 12 Re-elect Sybella Stanley as Director For For Tate & Lyle Plc TATE 25-Jul-19 Annual Management 13 Elect Warren Tucker as Director For For Tate & Lyle Plc TATE 25-Jul-19 Annual Management 14 Reappoint Ernst & Young LLP as Auditors For For Tate & Lyle Plc TATE 25-Jul-19 Annual Management 15 Authorise the Audit Committee to Fix Remuneration For For of Auditors Tate & Lyle Plc TATE 25-Jul-19 Annual Management 16 Authorise EU Political Donations and Expenditure For For Tate & Lyle Plc TATE 25-Jul-19 Annual Management 17 Authorise Issue of Equity For For Tate & Lyle Plc TATE 25-Jul-19 Annual Management 18 Authorise Issue of Equity without Pre-emptive For For Rights Tate & Lyle Plc TATE 25-Jul-19 Annual Management 19 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Tate & Lyle Plc TATE 25-Jul-19 Annual Management 20 Authorise Market Purchase of Ordinary Shares For For Tate & Lyle Plc TATE 25-Jul-19 Annual Management 21 Authorise the Company to Call General Meeting For For with Two Weeks' Notice Tate & Lyle Plc TATE 25-Jul-19 Annual Management 22 Adopt New Articles of Association For For Thermon Group Holdings, Inc. THR 25-Jul-19 Annual Management 1.1 Elect Director Linda A. Dalgetty For For Thermon Group Holdings, Inc. THR 25-Jul-19 Annual Management 1.2 Elect Director Marcus J. George For For Thermon Group Holdings, Inc. THR 25-Jul-19 Annual Management 1.3 Elect Director Kevin J. McGinty For For Thermon Group Holdings, Inc. THR 25-Jul-19 Annual Management 1.4 Elect Director John T. Nesser, III For For Thermon Group Holdings, Inc. THR 25-Jul-19 Annual Management 1.5 Elect Director Michael W. Press For Withhold We are holding the Chair of the Nomination Committee accountable for inadequate gender diversity on the board. Thermon Group Holdings, Inc. THR 25-Jul-19 Annual Management 1.6 Elect Director Charles A. Sorrentino For For Thermon Group Holdings, Inc. THR 25-Jul-19 Annual Management 1.7 Elect Director Bruce A. Thames For For Thermon Group Holdings, Inc. THR 25-Jul-19 Annual Management 2 Ratify KPMG LLP as Auditors For For Thermon Group Holdings, Inc. THR 25-Jul-19 Annual Management 3 Advisory Vote to Ratify Named Executive Officers' For For Compensation Bajaj Auto Limited 532977 26-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Bajaj Auto Limited 532977 26-Jul-19 Annual Management 2 Approve Dividend For For Bajaj Auto Limited 532977 26-Jul-19 Annual Management 3 Reelect Sanjivnayan Rahulkumar Bajaj as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.This director is overboarded. Bajaj Auto Limited 532977 26-Jul-19 Annual Management 4 Reelect Pradeep Shrivastava as Director For Against We do not support insiders on the board other than the CEO and Executive Chair.

Prepared by: Public Markets Sept. 30, 2019 59 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Bajaj Auto Limited 532977 26-Jul-19 Annual Management 5 Elect Rakesh Sharma as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Bajaj Auto Limited 532977 26-Jul-19 Annual Management 6 Approve Appointment and Remuneration of Rakesh For For Sharma as Whole-time Director, Designated as Executive Director Bajaj Auto Limited 532977 26-Jul-19 Annual Management 7 Elect Lila Firoz Poonawalla as Director For For Bajaj Auto Limited 532977 26-Jul-19 Annual Management 8 Elect Pradip Panalal Shah as Director For Against This director is overboarded. Bajaj Auto Limited 532977 26-Jul-19 Annual Management 9 Reelect Nanoo Gobindram Pamnani as Director For For Bajaj Auto Limited 532977 26-Jul-19 Annual Management 10 Reelect Balaji Rao Jagannathrao Doveton as For Against We are holding the Chair of the Nomination Director Committee accountable for failing to ensure that all key board committees are fully independent.We are holding the Chair of the Nomination Committee accountable for not having addressed the CEO's overboarding. Bajaj Auto Limited 532977 26-Jul-19 Annual Management 11 Maintain Maximum Number of Directors For Against We view the proposed board size as too large. COSCO SHIPPING Energy Transportation Co., Ltd. 1138 26-Jul-19 Special Management 1 Approve Price Determination Date, Issue Price and For For Pricing Principles in Respect of the Proposed Non- Public Issuance of A Shares COSCO SHIPPING Energy Transportation Co., Ltd. 1138 26-Jul-19 Special Management 1 Approve Price Determination Date, Issue Price and For For Pricing Principles in Respect of the Proposed Non- Public Issuance of A Shares COSCO SHIPPING Energy Transportation Co., Ltd. 1138 26-Jul-19 Special Management 2 Approve Proposed Non-Public Issuance of A Shares For For (2nd Amendment) COSCO SHIPPING Energy Transportation Co., Ltd. 1138 26-Jul-19 Special Management 2 Approve Proposed Non-Public Issuance of A Shares For For (2nd Amendment) COSCO SHIPPING Energy Transportation Co., Ltd. 1138 26-Jul-19 Special Management 3 Approve Supplemental Agreement Between the For For Company and COSCO Shipping COSCO SHIPPING Energy Transportation Co., Ltd. 1138 26-Jul-19 Special Management 3 Approve Supplemental Agreement Between the For For Company and COSCO Shipping COSCO SHIPPING Energy Transportation Co., Ltd. 1138 26-Jul-19 Special Management 4 Approve Remedial Measures Regarding Dilution on For For Current Returns by the Proposed Non-Public Issuance of A Shares COSCO SHIPPING Energy Transportation Co., Ltd. 1138 26-Jul-19 Special Management 4 Approve Specific Mandate For For COSCO SHIPPING Energy Transportation Co., Ltd. 1138 26-Jul-19 Special Management 5 Approve White Wash Waiver For For COSCO SHIPPING Energy Transportation Co., Ltd. 1138 26-Jul-19 Special Management 5 Approve Transactions Contemplated Under the For For Proposed Non-Public Issuance of A Shares which Constitute a Special Deal Under Rule 25 of the Takeovers Code COSCO SHIPPING Energy Transportation Co., Ltd. 1138 26-Jul-19 Special Management 6 Approve Specific Mandate For For

Prepared by: Public Markets Sept. 30, 2019 60 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. COSCO SHIPPING Energy Transportation Co., Ltd. 1138 26-Jul-19 Special Management 7 Approve Transactions Contemplated Under the For For Proposed Non-Public Issuance of A Shares which Constitute a Special Deal Under Rule 25 of the Takeovers Code Linde plc LIN 26-Jul-19 Annual Management 1a Elect Director Wolfgang H. Reitzle For For Linde plc LIN 26-Jul-19 Annual Management 1b Elect Director Stephen F. Angel For For Linde plc LIN 26-Jul-19 Annual Management 1c Elect Director Ann-Kristin Achleitner For For Linde plc LIN 26-Jul-19 Annual Management 1d Elect Director Clemens A. H. Borsig For For Linde plc LIN 26-Jul-19 Annual Management 1e Elect Director Nance K. Dicciani For For Linde plc LIN 26-Jul-19 Annual Management 1f Elect Director Thomas Enders For For Linde plc LIN 26-Jul-19 Annual Management 1g Elect Director Franz Fehrenbach For For Linde plc LIN 26-Jul-19 Annual Management 1h Elect Director Edward G. Galante For For Linde plc LIN 26-Jul-19 Annual Management 1i Elect Director Larry D. McVay For For Linde plc LIN 26-Jul-19 Annual Management 1j Elect Director Victoria E. Ossadnik For For Linde plc LIN 26-Jul-19 Annual Management 1k Elect Director Martin H. Richenhagen For Against This director is overboarded. Linde plc LIN 26-Jul-19 Annual Management 1l Elect Director Robert L. Wood For For Linde plc LIN 26-Jul-19 Annual Management 2a Ratify PricewaterhouseCoopers as Auditors For Against The auditor's tenure exceeds our guidelines. Linde plc LIN 26-Jul-19 Annual Management 2b Authorize Board to Fix Remuneration of Auditors For Against The auditor's tenure exceeds our guidelines. Linde plc LIN 26-Jul-19 Annual Management 3 Determine Price Range for Reissuance of Treasury For For Shares Linde plc LIN 26-Jul-19 Annual Management 4 Advisory Vote to Ratify Named Executive Officers' For For Compensation Linde plc LIN 26-Jul-19 Annual Management 5 Advisory Vote on Say on Pay Frequency One Year One Year We are supportive of annual advisory say-on-pay (SOP) votes as it enhances shareholders' rights. PSG Group Ltd. PSG 26-Jul-19 Annual Management 1.1 Re-elect KK Combi as Director For For PSG Group Ltd. PSG 26-Jul-19 Annual Management 1.2 Re-elect Francois Gouws as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. PSG Group Ltd. PSG 26-Jul-19 Annual Management 1.3 Elect Modi Hlobo as Director For For PSG Group Ltd. PSG 26-Jul-19 Annual Management 2.1 Re-elect Patrick Burton as Member of the Audit and For For Risk Committee PSG Group Ltd. PSG 26-Jul-19 Annual Management 2.2 Elect Modi Hlobo as Member of the Audit and Risk For For Committee PSG Group Ltd. PSG 26-Jul-19 Annual Management 2.3 Re-elect Bridgitte Mathews as Member of the Audit For For and Risk Committee

Prepared by: Public Markets Sept. 30, 2019 61 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. PSG Group Ltd. PSG 26-Jul-19 Annual Management 2.4 Re-elect Chris Otto as Member of the Audit and Risk For Against Since the board's overall independence level does Committee not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees. We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are voting against this director due to concerns over tenure. We are holding the Chair of the Nomination Committee accountable for not having addressed the CEO's overboarding. PSG Group Ltd. PSG 26-Jul-19 Annual Management 3 Reappoint PricewaterhouseCoopers Inc as Auditors For Against The auditor's tenure exceeds our guidelines. of the Company with D de Jager as the Designated Auditor PSG Group Ltd. PSG 26-Jul-19 Annual Management 4 Approve Remuneration Policy For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. PSG Group Ltd. PSG 26-Jul-19 Annual Management 5 Approve Implementation Report of the For Against We are voting against this advisory vote on Remuneration Policy executive compensation as the program is structured in a way that does not sufficiently align pay with performance. PSG Group Ltd. PSG 26-Jul-19 Annual Management 6 Authorise Board to Issue Shares for Cash For For PSG Group Ltd. PSG 26-Jul-19 Annual Management 7 Approve Remuneration of Non-executive Directors For For

PSG Group Ltd. PSG 26-Jul-19 Annual Management 8.1 Approve Financial Assistance in Terms of Section 45 For For of the Companies Act PSG Group Ltd. PSG 26-Jul-19 Annual Management 8.2 Approve Financial Assistance in Terms of Section 44 For Against We do not believe that support for this proposal is of the Companies Act in the best interests of shareholders. PSG Group Ltd. PSG 26-Jul-19 Annual Management 9 Authorise Repurchase of Issued Share Capital For For Qingling Motors Co., Ltd. 1122 26-Jul-19 Special Management 1 Elect Adachi Katsumi as Director, Authorize Board For Against We do not support insiders on the board other than to Fix His Remuneration and Enter into the Service the CEO and Chair. Contract with Him Sichuan Swellfun Co., Ltd. 600779 26-Jul-19 Special Management 1 Approve Draft and Summary of Performance Shares For Against The performance share incentive plan does not Incentive Plan meet our guidelines. Sichuan Swellfun Co., Ltd. 600779 26-Jul-19 Special Management 2 Approve Methods to Assess the Performance of For Against The performance share incentive plan does not Plan Participants meet our guidelines.

Prepared by: Public Markets Sept. 30, 2019 62 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Sichuan Swellfun Co., Ltd. 600779 26-Jul-19 Special Management 3 Approve Authorization of the Board to Handle All For Against The performance share incentive plan does not Matters Related to Performance Shares Incentive meet our guidelines. Plan Soitec SA SOI 26-Jul-19 Annual/Sp Management 1 Approve Financial Statements and Statutory For For ecial Reports Soitec SA SOI 26-Jul-19 Annual/Sp Management 2 Approve Consolidated Financial Statements and For For ecial Statutory Reports Soitec SA SOI 26-Jul-19 Annual/Sp Management 3 Approve Allocation of Income and Absence of For For ecial Dividends Soitec SA SOI 26-Jul-19 Annual/Sp Management 4 Approve Auditors' Special Report on Related-Party For For ecial Transactions Soitec SA SOI 26-Jul-19 Annual/Sp Management 5 Elect Francoise Chombar as Director For Against This director is overboarded. ecial Soitec SA SOI 26-Jul-19 Annual/Sp Management 6 Elect Shuo Zhang as Director For For ecial Soitec SA SOI 26-Jul-19 Annual/Sp Management 7 Ratify Appointment of Kai Seikku as Director For Against We are not supportive of non-independent ecial directors sitting on key board committees.Since the board's overall independence level does not meet our guidelines, we are voting against all non- independent directors on the ballot, except the CEO. Soitec SA SOI 26-Jul-19 Annual/Sp Management 8 Ratify Appointment of Jeffrey Wang as Director For Against We are not supportive of non-independent ecial directors sitting on key board committees.Since the board's overall independence level does not meet our guidelines, we are voting against all non- independent directors on the ballot, except the CEO. Soitec SA SOI 26-Jul-19 Annual/Sp Management 9 Reelect Paul Boudre as Director For For ecial Soitec SA SOI 26-Jul-19 Annual/Sp Management 10 Reelect Bpifrance Participations as Director For Against We are not supportive of non-independent ecial directors sitting on key board committees.Since the board's overall independence level does not meet our guidelines, we are voting against all non- independent directors on the ballot, except the CEO.

Prepared by: Public Markets Sept. 30, 2019 63 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Soitec SA SOI 26-Jul-19 Annual/Sp Management 11 Reelect CEA Investissement as Director For Against We are not supportive of non-independent ecial directors sitting on key board committees.Since the board's overall independence level does not meet our guidelines, we are voting against all non- independent directors on the ballot, except the CEO. Soitec SA SOI 26-Jul-19 Annual/Sp Management 12 Reelect Laurence Delpy as Director For Against We are holding the Chair of the Nomination ecial Committee accountable for failing to ensure that all key board committees are fully independent. Soitec SA SOI 26-Jul-19 Annual/Sp Management 13 Reelect Christophe Gegout as Director For Against We are not supportive of non-independent ecial directors sitting on key board committees.Since the board's overall independence level does not meet our guidelines, we are voting against all non- independent directors on the ballot, except the CEO. Soitec SA SOI 26-Jul-19 Annual/Sp Management 14 Reelect Kai Seikku as Director For Against We are not supportive of non-independent ecial directors sitting on key board committees.Since the board's overall independence level does not meet our guidelines, we are voting against all non- independent directors on the ballot, except the CEO. Soitec SA SOI 26-Jul-19 Annual/Sp Management 15 Reelect Thierry Sommelet as Director For Against We are not supportive of non-independent ecial directors sitting on key board committees.Since the board's overall independence level does not meet our guidelines, we are voting against all non- independent directors on the ballot, except the CEO. Soitec SA SOI 26-Jul-19 Annual/Sp Management 16 Reelect Jeffrey Wang as Director For Against We are not supportive of non-independent ecial directors sitting on key board committees.Since the board's overall independence level does not meet our guidelines, we are voting against all non- independent directors on the ballot, except the CEO. Soitec SA SOI 26-Jul-19 Annual/Sp Management 17 Approve Compensation of Paul Boudre, CEO For Against We are voting against this advisory vote on ecial executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Soitec SA SOI 26-Jul-19 Annual/Sp Management 18 Approve Compensation of Thierry Sommelet, For For ecial Chairman of the Board Until March 27, 2019

Prepared by: Public Markets Sept. 30, 2019 64 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Soitec SA SOI 26-Jul-19 Annual/Sp Management 19 Approve Compensation of Eric Meurice, Chairman For For ecial of the Board Since March 27, 2019 Soitec SA SOI 26-Jul-19 Annual/Sp Management 20 Approve Remuneration Policy of Executive For Against We are voting against this advisory vote on ecial Corporate Officers executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Soitec SA SOI 26-Jul-19 Annual/Sp Management 21 Authorize Repurchase of Up to 5 Percent of Issued For For ecial Share Capital Soitec SA SOI 26-Jul-19 Annual/Sp Management 22 Authorize Issuance of Equity or Equity-Linked For For ecial Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 30 Million Soitec SA SOI 26-Jul-19 Annual/Sp Management 23 Authorize Issuance of Equity or Equity-Linked For For ecial Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 6 Million Soitec SA SOI 26-Jul-19 Annual/Sp Management 24 Approve Issuance of Equity or Equity-Linked For For ecial Securities for Private Placements, up to Aggregate Nominal Amount of EUR 6 Million Soitec SA SOI 26-Jul-19 Annual/Sp Management 25 Approve Issuance of Equity or Equity-Linked For For ecial Securities Reserved for Specific Beneficiaries, up to Aggregate Nominal Amount of EUR 6 Million Soitec SA SOI 26-Jul-19 Annual/Sp Management 26 Authorize Board to Increase Capital in the Event of For For ecial Additional Demand Related to Delegation Submitted to Shareholder Vote Above Soitec SA SOI 26-Jul-19 Annual/Sp Management 27 Authorize Board to Set Issue Price for 10 Percent For For ecial Per Year of Issued Capital Pursuant to Issue Authority without Preemptive Rights Soitec SA SOI 26-Jul-19 Annual/Sp Management 28 Authorize Capital Increase of up to 10 Percent of For For ecial Issued Capital for Contributions in Kind Soitec SA SOI 26-Jul-19 Annual/Sp Management 29 Authorize Capitalization of Reserves of Up to EUR For For ecial 30 Million for Bonus Issue or Increase in Par Value

Soitec SA SOI 26-Jul-19 Annual/Sp Management 30 Authorize Capital Increase of Up to EUR 6 Million For For ecial for Future Exchange Offers Soitec SA SOI 26-Jul-19 Annual/Sp Management 31 Authorize Capital Issuances for Use in Employee For For ecial Stock Purchase Plans Soitec SA SOI 26-Jul-19 Annual/Sp Management 32 Authorize up to 5 Percent of Issued Capital for Use For Against The stock option plan does not meet our guidelines. ecial in Restricted Stock Plans Soitec SA SOI 26-Jul-19 Annual/Sp Management 33 Authorize New Class of Preferred Stock (ADP 2) and For For ecial Amend Bylaws Accordingly

Prepared by: Public Markets Sept. 30, 2019 65 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Soitec SA SOI 26-Jul-19 Annual/Sp Management 34 Authorize up to 400,000 Preferred Shares (ADP 2) For Against The stock option plan does not meet our guidelines. ecial for Use in Restricted Stock Plans Soitec SA SOI 26-Jul-19 Annual/Sp Management 35 Authorize Issuance of 200,000 Preferred Shares For For ecial (ADP 2) without Preemptive Rights Reserved for Corporate Officers and Employees Soitec SA SOI 26-Jul-19 Annual/Sp Management 36 Authorize Decrease in Share Capital via Cancellation For For ecial of Repurchased Shares Soitec SA SOI 26-Jul-19 Annual/Sp Management 37 Authorize Filing of Required Documents/Other For For ecial Formalities United Utilities Group Plc UU 26-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

United Utilities Group Plc UU 26-Jul-19 Annual Management 2 Approve Final Dividend For For United Utilities Group Plc UU 26-Jul-19 Annual Management 3 Approve Remuneration Report For For United Utilities Group Plc UU 26-Jul-19 Annual Management 4 Approve Remuneration Policy For For United Utilities Group Plc UU 26-Jul-19 Annual Management 5 Re-elect Dr John McAdam as Director For For United Utilities Group Plc UU 26-Jul-19 Annual Management 6 Re-elect Steve Mogford as Director For For United Utilities Group Plc UU 26-Jul-19 Annual Management 7 Re-elect Russ Houlden as Director For Against We do not support insiders on the board other than the CEO. United Utilities Group Plc UU 26-Jul-19 Annual Management 8 Re-elect Steve Fraser as Director For Against We do not support insiders on the board other than the CEO. United Utilities Group Plc UU 26-Jul-19 Annual Management 9 Re-elect Mark Clare as Director For For United Utilities Group Plc UU 26-Jul-19 Annual Management 10 Re-elect Sara Weller as Director For For United Utilities Group Plc UU 26-Jul-19 Annual Management 11 Re-elect Brian May as Director For For United Utilities Group Plc UU 26-Jul-19 Annual Management 12 Re-elect Stephen Carter as Director For For United Utilities Group Plc UU 26-Jul-19 Annual Management 13 Re-elect Alison Goligher as Director For For United Utilities Group Plc UU 26-Jul-19 Annual Management 14 Re-elect Paulette Rowe as Director For For United Utilities Group Plc UU 26-Jul-19 Annual Management 15 Elect Sir David Higgins as Director For For United Utilities Group Plc UU 26-Jul-19 Annual Management 16 Reappoint KPMG LLP as Auditors For For United Utilities Group Plc UU 26-Jul-19 Annual Management 17 Authorise the Audit Committee to Fix Remuneration For For of Auditors United Utilities Group Plc UU 26-Jul-19 Annual Management 18 Authorise Issue of Equity For For United Utilities Group Plc UU 26-Jul-19 Annual Management 19 Authorise Issue of Equity without Pre-emptive For For Rights United Utilities Group Plc UU 26-Jul-19 Annual Management 20 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment United Utilities Group Plc UU 26-Jul-19 Annual Management 21 Authorise Market Purchase of Ordinary Shares For For United Utilities Group Plc UU 26-Jul-19 Annual Management 22 Authorise the Company to Call General Meeting For For with 14 Working Days' Notice

Prepared by: Public Markets Sept. 30, 2019 66 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. United Utilities Group Plc UU 26-Jul-19 Annual Management 23 Authorise EU Political Donations and Expenditure For For Zayo Group Holdings, Inc. ZAYO 26-Jul-19 Special Management 1 Approve Merger Agreement For For Zayo Group Holdings, Inc. ZAYO 26-Jul-19 Special Management 2 Advisory Vote on Golden Parachutes For For Zayo Group Holdings, Inc. ZAYO 26-Jul-19 Special Management 3 Adjourn Meeting For For Havells India Ltd. 517354 27-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Havells India Ltd. 517354 27-Jul-19 Annual Management 2 Approve Final Dividend For For Havells India Ltd. 517354 27-Jul-19 Annual Management 3 Reelect Anil Rai Gupta as Director For For Havells India Ltd. 517354 27-Jul-19 Annual Management 4 Reelect Rajesh Kumar Gupta as Director For Against We do not support insiders on the board other than the CEO and Executive Chair.We are voting against this director due to concerns over tenure. Havells India Ltd. 517354 27-Jul-19 Annual Management 5 Approve Remuneration of Cost Auditors For For Havells India Ltd. 517354 27-Jul-19 Annual Management 6 Approve Reappointment and Remuneration of Anil For For Rai Gupta as Chairman and Managing Director and the CEO Havells India Ltd. 517354 27-Jul-19 Annual Management 7 Approve Reappointment and Remuneration of For For Ameet Kumar Gupta as Whole-Time Director Havells India Ltd. 517354 27-Jul-19 Annual Management 8 Approve Reappointment and Remuneration of For For Rajesh Kumar Gupta as Whole-Time Director (Finance) and Group CFO Havells India Ltd. 517354 27-Jul-19 Annual Management 9 Reelect Siddhartha Pandit as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Havells India Ltd. 517354 27-Jul-19 Annual Management 10 Approve Reappointment and Remuneration of For For Siddhartha Pandit as Whole-Time Director AVIC Helicopter Co., Ltd. 600038 29-Jul-19 Special Management 1 Approve Amendments to Articles of Association For For AVIC Helicopter Co., Ltd. 600038 29-Jul-19 Special Management 2 Amend Rules and Procedures Regarding Meetings For Against We are not supportive of the proposed bylaw of Board of Directors amendments as they are not in shareholders' best interests. AVIC Helicopter Co., Ltd. 600038 29-Jul-19 Special Management 3 Approve Daily Related Party Transaction For Against This proposal is not in shareholders' best interests.

AVIC Helicopter Co., Ltd. 600038 29-Jul-19 Special Management 4 Approve Provision of Guarantee For For Hero MotoCorp Limited 500182 29-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Hero MotoCorp Limited 500182 29-Jul-19 Annual Management 2 Confirm Interim Dividend and Declare Final For For Dividend Hero MotoCorp Limited 500182 29-Jul-19 Annual Management 3 Reelect Vikram Sitaram Kasbekar as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Hero MotoCorp Limited 500182 29-Jul-19 Annual Management 4 Approve Remuneration of Cost Auditors For For Hero MotoCorp Limited 500182 29-Jul-19 Annual Management 5 Elect Jagmohan Singh Raju as Director For For

Prepared by: Public Markets Sept. 30, 2019 67 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Hero MotoCorp Limited 500182 29-Jul-19 Annual Management 6 Reelect Meleveetil Damodaran as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.This director is overboarded. Hero MotoCorp Limited 500182 29-Jul-19 Annual Management 7 Reelect Pradeep Dinodia as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are voting against this director due to concerns over tenure.

Hero MotoCorp Limited 500182 29-Jul-19 Annual Management 8 Approve Reappointment and Remuneration of For For Vikram Sitaram Kasbekar, Executive Director - Operations as Whole-Time Director National Grid Plc NG 29-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

National Grid Plc NG 29-Jul-19 Annual Management 2 Approve Final Dividend For For National Grid Plc NG 29-Jul-19 Annual Management 3 Re-elect Sir Peter Gershon as Director For For National Grid Plc NG 29-Jul-19 Annual Management 4 Re-elect John Pettigrew as Director For For National Grid Plc NG 29-Jul-19 Annual Management 5 Elect Andy Agg as Director For Against We do not support insiders on the board other than the CEO. National Grid Plc NG 29-Jul-19 Annual Management 6 Re-elect Dean Seavers as Director For Against We do not support insiders on the board other than the CEO. National Grid Plc NG 29-Jul-19 Annual Management 7 Re-elect Nicola Shaw as Director For Against We do not support insiders on the board other than the CEO. National Grid Plc NG 29-Jul-19 Annual Management 8 Re-elect Jonathan Dawson as Director For For National Grid Plc NG 29-Jul-19 Annual Management 9 Re-elect Therese Esperdy as Director For For National Grid Plc NG 29-Jul-19 Annual Management 10 Re-elect Paul Golby as Director For For National Grid Plc NG 29-Jul-19 Annual Management 11 Re-elect Amanda Mesler as Director For For National Grid Plc NG 29-Jul-19 Annual Management 12 Elect Earl Shipp as Director For For National Grid Plc NG 29-Jul-19 Annual Management 13 Elect Jonathan Silver as Director For For National Grid Plc NG 29-Jul-19 Annual Management 14 Re-elect Mark Williamson as Director For For National Grid Plc NG 29-Jul-19 Annual Management 15 Reappoint Deloitte LLP as Auditors For For National Grid Plc NG 29-Jul-19 Annual Management 16 Authorise Board to Fix Remuneration of Auditors For For National Grid Plc NG 29-Jul-19 Annual Management 17 Approve Remuneration Policy For For

Prepared by: Public Markets Sept. 30, 2019 68 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. National Grid Plc NG 29-Jul-19 Annual Management 18 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. National Grid Plc NG 29-Jul-19 Annual Management 19 Authorise EU Political Donations and Expenditure For For National Grid Plc NG 29-Jul-19 Annual Management 20 Authorise Issue of Equity For For National Grid Plc NG 29-Jul-19 Annual Management 21 Approve Scrip Dividend Scheme For For National Grid Plc NG 29-Jul-19 Annual Management 22 Authorise Directors to Capitalise the Appropriate For For Nominal Amounts of New Shares of the Company Allotted Pursuant to the Company's Scrip Dividend Scheme National Grid Plc NG 29-Jul-19 Annual Management 23 Authorise Issue of Equity without Pre-emptive For For Rights National Grid Plc NG 29-Jul-19 Annual Management 24 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment National Grid Plc NG 29-Jul-19 Annual Management 25 Authorise Market Purchase of Ordinary Shares For For National Grid Plc NG 29-Jul-19 Annual Management 26 Authorise the Company to Call General Meeting For For with Two Weeks' Notice Singapore Airlines Ltd. C6L 29-Jul-19 Annual Management 1 Adopt Financial Statements and Directors' and For For Auditors' Reports Singapore Airlines Ltd. C6L 29-Jul-19 Annual Management 2 Approve Final Dividend For For Singapore Airlines Ltd. C6L 29-Jul-19 Annual Management 3a Elect Peter Seah Lim Huat as Director For Against We are holding the Chair of the Nomination Committee accountable for not having addressed the CEO's overboarding. Singapore Airlines Ltd. C6L 29-Jul-19 Annual Management 3b Elect Dominic Ho Chiu Fai as Director For For Singapore Airlines Ltd. C6L 29-Jul-19 Annual Management 3c Elect Lee Kim Shin as Director For For Singapore Airlines Ltd. C6L 29-Jul-19 Annual Management 4a Elect David John Gledhill as Director For For Singapore Airlines Ltd. C6L 29-Jul-19 Annual Management 4b Elect Goh Swee Chen as Director For For Singapore Airlines Ltd. C6L 29-Jul-19 Annual Management 5 Approve Directors' Emoluments For For Singapore Airlines Ltd. C6L 29-Jul-19 Annual Management 6 Approve KPMG LLP as Auditors and Authorize Board For Against We are voting against the appointment of the audit to Fix Their Remuneration firm as the non-audit fees exceed our guidelines.

Singapore Airlines Ltd. C6L 29-Jul-19 Annual Management 7 Approve Issuance of Equity or Equity-Linked For For Securities with or without Preemptive Rights Singapore Airlines Ltd. C6L 29-Jul-19 Annual Management 8 Approve Grant of Awards and Issuance of Shares For For Under the SIA Performance Share Plan 2014 and the SIA Restricted Share Plan 2014

Prepared by: Public Markets Sept. 30, 2019 69 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Singapore Airlines Ltd. C6L 29-Jul-19 Annual Management 9 Approve Mandate for Interested Person For For Transactions Singapore Airlines Ltd. C6L 29-Jul-19 Annual Management 10 Authorize Share Repurchase Program For For Singapore Airlines Ltd. C6L 29-Jul-19 Annual Management 11 Approve Issuance of ASA Shares For For Tenaris SA TEN 29-Jul-19 Special Management 1 Approve Delisting of Shares from Bolsas y Mercados For For Argentinos S.A. Tenaris SA TEN 29-Jul-19 Special Management 2 Approve Share Repurchase For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. ZTE Corporation 763 29-Jul-19 Special Management 1.00 Approve Amendments to Articles of Association, the For For Rules of Procedure for General Meetings of Shareholders and the Rules of Procedure for Board of Directors Meetings ZTE Corporation 763 29-Jul-19 Special Management 2.00 Amend Rules and Procedures Regarding Meetings For For of Board of Supervisory Committee ZTE Corporation 763 29-Jul-19 Special Shareholder 3.00 Approve Execution of a Supplemental Agreement For For with Shenzhen Vanke Development Co., Ltd. on the Shenzhen Bay Super Headquarters Base Aksa Enerji Uretim AS AKSEN 30-Jul-19 Annual Management 1 Open Meeting and Elect Presiding Council of For For Meeting Aksa Enerji Uretim AS AKSEN 30-Jul-19 Annual Management 2 Authorize Presiding Council to Sign Minutes of For For Meeting Aksa Enerji Uretim AS AKSEN 30-Jul-19 Annual Management 3 Accept Statutory Reports For For Aksa Enerji Uretim AS AKSEN 30-Jul-19 Annual Management 4 Accept Financial Statements For For Aksa Enerji Uretim AS AKSEN 30-Jul-19 Annual Management 5 Approve Discharge of Board For For Aksa Enerji Uretim AS AKSEN 30-Jul-19 Annual Management 6 Ratify External Auditors For Against We are voting against the appointment of the audit firm as audit fees are not disclosed. Aksa Enerji Uretim AS AKSEN 30-Jul-19 Annual Management 7 Approve Allocation of Income For For Aksa Enerji Uretim AS AKSEN 30-Jul-19 Annual Management 8 Elect Directors For Against We are voting against the slate as we believe it is important to be able to vote on the qualifications of individual directors. Aksa Enerji Uretim AS AKSEN 30-Jul-19 Annual Management 9 Approve Director Remuneration For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. Aksa Enerji Uretim AS AKSEN 30-Jul-19 Annual Management 10 Grant Permission for Board Members to Engage in For For Commercial Transactions with Company and Be Involved with Companies with Similar Corporate Purpose

Prepared by: Public Markets Sept. 30, 2019 70 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Aksa Enerji Uretim AS AKSEN 30-Jul-19 Annual Management 11 Receive Information in Accordance to Article 1.3.6 None None of Capital Market Board Corporate Governance Principles Aksa Enerji Uretim AS AKSEN 30-Jul-19 Annual Management 12 Approve Upper Limit of Donations for 2019 and For Against We are not supportive of this proposal as it lacks Receive Information on Donations Made in 2018 the disclosure necessary for shareholders to make an informed decision. Aksa Enerji Uretim AS AKSEN 30-Jul-19 Annual Management 13 Receive Information on Guarantees, Pledges and None None Mortgages Provided to Third Parties BB&T Corporation BBT 30-Jul-19 Special Management 1 Issue Shares in Connection with Merger For For BB&T Corporation BBT 30-Jul-19 Special Management 2 Change Company Name to Truist Financial For For Corporation BB&T Corporation BBT 30-Jul-19 Special Management 3 Adjourn Meeting For For Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1 Approve Resolutions in Relation to the Non-Public For For Limited Issuance Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.1 Approve Class of Shares to be Issued For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1 Approve Resolutions in Relation to the Non-Public For For Limited Issuance Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.2 Approve Nominal Value of the Shares to be Issued For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.1 Approve Class of Shares to be Issued For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.3 Approve Method of Issue For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.2 Approve Nominal Value of Shares to be Issued For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.4 Approve Date of Issue For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.3 Approve Method of Issue For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.5 Approve Target Subscriber For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.4 Approve Date of Issue For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.6 Approve Subscription Method For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.5 Approve Target Subscriber For For Limited

Prepared by: Public Markets Sept. 30, 2019 71 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.7 Approve Issue Price For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.6 Approve Subscription Method For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.8 Approve Size of Issuance For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.7 Approve Issue Price For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.9 Approve Number of Shares to be Issued For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.8 Approve Size of the Issuance For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.10 Approve Use of Proceeds For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.9 Approve Number of Shares to be Issued For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.11 Approve Arrangement for the Accumulated Profits For For Limited to the Non-Public Issuance Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.10 Approve Use of Proceeds For For Limited Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.12 Approve Validity Period of the Resolutions on the For For Limited Non-Public Issuance Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.11 Approve Arrangement for the Accumulated Profits For For Limited Prior to the Non-Public Issuance Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.13 Approve Share Subscription Agreement and Related For For Limited Transactions Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.12 Approve Validity Period of Resolutions on the Non- For For Limited Public Issuance Beijing Capital International Airport Company 694 30-Jul-19 Special Management 2 Authorized Board to Deal with All Matters in For For Limited Relation to the Non-Public Issuance Beijing Capital International Airport Company 694 30-Jul-19 Special Management 1.13 Approve Share Subscription Agreement and Related For For Limited Transactions Beijing Capital International Airport Company 694 30-Jul-19 Special Management 3 Authorize Board to Make Consequential For For Limited Amendments to Provisions in Articles Based on the Results of the Non-Public Issuance

Prepared by: Public Markets Sept. 30, 2019 72 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. China Everbright Bank Company Limited 6818 30-Jul-19 Special Shareholder 1.1 Elect Li Xiaopeng as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.

China Everbright Bank Company Limited 6818 30-Jul-19 Special Shareholder 1.2 Elect Ge Haijiao as Director For For China Everbright Bank Company Limited 6818 30-Jul-19 Special Shareholder 1.3 Elect Cai Yunge as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.We are voting against this director for missing more than 25 percent of scheduled meetings without disclosing a satisfactory reason. China Everbright Bank Company Limited 6818 30-Jul-19 Special Shareholder 1.4 Elect Lu Hong as Director For Against We do not support insiders on the board other than the CEO. China Everbright Bank Company Limited 6818 30-Jul-19 Special Shareholder 1.5 Elect Fu Dong as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.

China Everbright Bank Company Limited 6818 30-Jul-19 Special Shareholder 1.6 Elect Shi Yongyan as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.

China Everbright Bank Company Limited 6818 30-Jul-19 Special Shareholder 1.7 Elect Wang Xiaolin as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.

China Everbright Bank Company Limited 6818 30-Jul-19 Special Shareholder 1.8 Elect Dou Hongquan as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.

Prepared by: Public Markets Sept. 30, 2019 73 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. China Everbright Bank Company Limited 6818 30-Jul-19 Special Shareholder 1.9 Elect He Haibin as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.

China Everbright Bank Company Limited 6818 30-Jul-19 Special Shareholder 1.10 Elect Liu Chong as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. China Everbright Bank Company Limited 6818 30-Jul-19 Special Shareholder 1.11 Elect Yu Chunling as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. China Everbright Bank Company Limited 6818 30-Jul-19 Special Management 1.12 Elect Fok Oi Ling Catherine as Director For For China Everbright Bank Company Limited 6818 30-Jul-19 Special Management 1.13 Elect Xu Hongcai as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. China Everbright Bank Company Limited 6818 30-Jul-19 Special Management 1.14 Elect Wang Liguo as Director For For China Everbright Bank Company Limited 6818 30-Jul-19 Special Management 1.15 Elect Hong Yongmiao as Director For For China Everbright Bank Company Limited 6818 30-Jul-19 Special Management 1.16 Elect Shao Ruiqing as Director For Against This director is overboarded. China Everbright Bank Company Limited 6818 30-Jul-19 Special Management 1.17 Elect Lu Zhengfei as Director For For China Everbright Bank Company Limited 6818 30-Jul-19 Special Management 2.1 Elect Li Xin as Supervisor For For China Everbright Bank Company Limited 6818 30-Jul-19 Special Management 2.2 Elect Yin Lianchen as Supervisor For For China Everbright Bank Company Limited 6818 30-Jul-19 Special Management 2.3 Elect Wu Junhao as Supervisor For For China Everbright Bank Company Limited 6818 30-Jul-19 Special Management 2.4 Elect Wu Gaolian as Supervisor For For China Everbright Bank Company Limited 6818 30-Jul-19 Special Management 2.5 Elect Wang Zhe as Supervisor For For China Everbright Bank Company Limited 6818 30-Jul-19 Special Management 2.6 Elect Qiao Zhimin as Supervisor For For China Everbright Bank Company Limited 6818 30-Jul-19 Special Management 3 Approve Resolution on Formulating the Provisional For For Measures on Administration of Equities of China Everbright Bank Company Limited

Dr. Reddy's Laboratories Limited 500124 30-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Dr. Reddy's Laboratories Limited 500124 30-Jul-19 Annual Management 2 Approve Dividend For For Dr. Reddy's Laboratories Limited 500124 30-Jul-19 Annual Management 3 Reelect G V Prasad as Director For For Dr. Reddy's Laboratories Limited 500124 30-Jul-19 Annual Management 4 Reelect Sridar Iyengar as Director For For Dr. Reddy's Laboratories Limited 500124 30-Jul-19 Annual Management 5 Reelect Kalpana Morparia as Director For For Dr. Reddy's Laboratories Limited 500124 30-Jul-19 Annual Management 6 Elect Leo Puri as Director For For

Prepared by: Public Markets Sept. 30, 2019 74 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Dr. Reddy's Laboratories Limited 500124 30-Jul-19 Annual Management 7 Elect Shikha Sharma as Director For For Dr. Reddy's Laboratories Limited 500124 30-Jul-19 Annual Management 8 Elect Allan Oberman as Director For For Dr. Reddy's Laboratories Limited 500124 30-Jul-19 Annual Management 9 Approve Remuneration of Cost Auditors For For Pick n Pay Stores Limited PIK 30-Jul-19 Annual Management 1 Reappoint Ernst & Young Inc as Auditors of the For For Company Pick n Pay Stores Limited PIK 30-Jul-19 Annual Management 2.1 Re-elect Hugh Herman as Director For Against We are voting against this director due to concerns over tenure. Pick n Pay Stores Limited PIK 30-Jul-19 Annual Management 2.2 Re-elect Jeff van Rooyen as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Pick n Pay Stores Limited PIK 30-Jul-19 Annual Management 2.3 Re-elect David Friedland as Director For For Pick n Pay Stores Limited PIK 30-Jul-19 Annual Management 2.4 Re-elect Suzanne Ackerman-Berman as Director For Against We do not support insiders on the board other than the CEO. Pick n Pay Stores Limited PIK 30-Jul-19 Annual Management 2.5 Re-elect Jonathan Ackerman as Director For Against We do not support insiders on the board other than the CEO. Pick n Pay Stores Limited PIK 30-Jul-19 Annual Management 3.1 Re-elect Jeff van Rooyen as Member of the Audit, For Against We are holding the members of the Nomination Risk and Compliance Committee Committee accountable for failing to ensure that all key board committees are fully independent. Pick n Pay Stores Limited PIK 30-Jul-19 Annual Management 3.2 Re-elect Hugh Herman as Member of the Audit, Risk For Against We are voting against this director due to concerns and Compliance Committee over tenure. Pick n Pay Stores Limited PIK 30-Jul-19 Annual Management 3.3 Re-elect Audrey Mothupi as Member of the Audit, For Against We are holding the members of the Nomination Risk and Compliance Committee Committee accountable for failing to ensure that all key board committees are fully independent. Pick n Pay Stores Limited PIK 30-Jul-19 Annual Management 3.4 Re-elect David Friedland as Member of the Audit, For For Risk and Compliance Committee Pick n Pay Stores Limited PIK 30-Jul-19 Annual Management 1 Approve Remuneration Policy For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Pick n Pay Stores Limited PIK 30-Jul-19 Annual Management 2 Approve Remuneration Implementation Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Pick n Pay Stores Limited PIK 30-Jul-19 Annual Management 1 Approve Directors' Fees for the 2020 and 2021 For Against The director remuneration plan does not meet our Annual Financial Periods guidelines. Pick n Pay Stores Limited PIK 30-Jul-19 Annual Management 2.1 Approve Financial Assistance to Related or Inter- For For related Companies or Corporations Pick n Pay Stores Limited PIK 30-Jul-19 Annual Management 2.2 Approve Financial Assistance to an Employee of the For For Company or its Subsidiaries

Prepared by: Public Markets Sept. 30, 2019 75 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Pick n Pay Stores Limited PIK 30-Jul-19 Annual Management 3 Authorise Repurchase of Issued Share Capital For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Pick n Pay Stores Limited PIK 30-Jul-19 Annual Management 4 Authorise Ratification of Approved Resolutions For For Piramal Enterprises Limited 500302 30-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Piramal Enterprises Limited 500302 30-Jul-19 Annual Management 2 Approve Final Dividend For For Piramal Enterprises Limited 500302 30-Jul-19 Annual Management 3 Reelect Swati A. Piramal as Director For Against We do not support insiders on the board other than the CEO and Executive Chair.We are voting against this director due to concerns over tenure. Piramal Enterprises Limited 500302 30-Jul-19 Annual Management 4 Elect Arundhati Bhattacharya as Director For For Piramal Enterprises Limited 500302 30-Jul-19 Annual Management 5 Approve Remuneration of Cost Auditors For For Piramal Enterprises Limited 500302 30-Jul-19 Annual Management 6 Authorize Issuance of Non-Convertible Debentures For For on Private Placement Basis STERIS plc STE 30-Jul-19 Annual Management 1a Elect Director Richard C. Breeden For For STERIS plc STE 30-Jul-19 Annual Management 1b Elect Director Cynthia L. Feldmann For For STERIS plc STE 30-Jul-19 Annual Management 1c Elect Director Jacqueline B. Kosecoff For Against We are voting against this director due to concerns over tenure. STERIS plc STE 30-Jul-19 Annual Management 1d Elect Director David B. Lewis For For STERIS plc STE 30-Jul-19 Annual Management 1e Elect Director Walter M. Rosebrough, Jr. For For STERIS plc STE 30-Jul-19 Annual Management 1f Elect Director Nirav R. Shah For For STERIS plc STE 30-Jul-19 Annual Management 1g Elect Director Mohsen M. Sohi For For STERIS plc STE 30-Jul-19 Annual Management 1h Elect Director Richard M. Steeves For For STERIS plc STE 30-Jul-19 Annual Management 2 Ratify Ernst & Young LLP as Auditor For Against The auditor's tenure exceeds our guidelines. We are also voting against the appointment of the audit firm as the non-audit fees exceed our guidelines.

STERIS plc STE 30-Jul-19 Annual Management 3 Appoint Ernst & Young Chartered Accountants as For Against The auditor's tenure exceeds our guidelines. We are Irish Statutory Auditor also voting against the appointment of the audit firm as the non-audit fees exceed our guidelines.

STERIS plc STE 30-Jul-19 Annual Management 4 Authorize Board to Fix Remuneration of Auditors For Against The auditor's tenure exceeds our guidelines. We are also voting against the appointment of the audit firm as the non-audit fees exceed our guidelines.

STERIS plc STE 30-Jul-19 Annual Management 5 Advisory Vote to Ratify Named Executive Officers' For For Compensation SunTrust Banks, Inc. STI 30-Jul-19 Special Management 1 Approve Merger Agreement For For SunTrust Banks, Inc. STI 30-Jul-19 Special Management 2 Advisory Vote on Golden Parachutes For For

Prepared by: Public Markets Sept. 30, 2019 76 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. SunTrust Banks, Inc. STI 30-Jul-19 Special Management 3 Adjourn Meeting For For Tata Motors Limited 500570 30-Jul-19 Annual Management 1 Accept Standalone Financial Statements and For For Statutory Reports Tata Motors Limited 500570 30-Jul-19 Court Management 1 Approve Scheme of Arrangement For For Tata Motors Limited 500570 30-Jul-19 Annual Management 2 Accept Consolidated Financial Statements and For For Statutory Reports Tata Motors Limited 500570 30-Jul-19 Annual Management 3 Reelect N Chandrasekaran as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.This director is overboarded. Tata Motors Limited 500570 30-Jul-19 Annual Management 4 Elect Vedika Bhandarkar as Director For For Tata Motors Limited 500570 30-Jul-19 Annual Management 5 Approve Remuneration of Directors For For Tata Motors Limited 500570 30-Jul-19 Annual Management 6 Approve Branch Auditors and Authorize Board to Fix For For Their Remuneration Tata Motors Limited 500570 30-Jul-19 Annual Management 7 Approve Remuneration of Cost Auditors For For AMMB Holdings Berhad 1015 31-Jul-19 Annual Management 1 Approve Directors' Fees For For AMMB Holdings Berhad 1015 31-Jul-19 Special Management 1 Authorize Share Repurchase Program For For AMMB Holdings Berhad 1015 31-Jul-19 Annual Management 2 Approve Directors' Benefits (Excluding Directors' For For Fees) AMMB Holdings Berhad 1015 31-Jul-19 Annual Management 3 Elect Graham Kennedy Hodges as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.

AMMB Holdings Berhad 1015 31-Jul-19 Annual Management 4 Elect Azman Hashim as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. AMMB Holdings Berhad 1015 31-Jul-19 Annual Management 5 Approve Ernst & Young as Auditors and Authorize For Against The auditor's tenure is not disclosed. Board to Fix Their Remuneration

Prepared by: Public Markets Sept. 30, 2019 77 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. AMMB Holdings Berhad 1015 31-Jul-19 Annual Management 6 Approve Issuance of New Ordinary Shares Under For For the Dividend Reinvestment Plan AMMB Holdings Berhad 1015 31-Jul-19 Annual Management 7 Approve Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights AMMB Holdings Berhad 1015 31-Jul-19 Annual Management 8 Approve Renewal of Shareholders' Mandate for For For Recurrent Related Party Transactions with Australia and New Zealand Banking Group Limited Group

AMMB Holdings Berhad 1015 31-Jul-19 Annual Management 9 Approve Renewal of Shareholders' Mandate for For For Recurrent Related Party Transactions with Amcorp Group Berhad Group Ashok Leyland Limited 500477 31-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Ashok Leyland Limited 500477 31-Jul-19 Annual Management 2 Approve Dividend For For Ashok Leyland Limited 500477 31-Jul-19 Annual Management 3 Reelect Dheeraj G Hinduja as Director For Against We are not supportive of non-independent directors sitting on key board committees.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Ashok Leyland Limited 500477 31-Jul-19 Annual Management 4 Reelect Andreas H. Biagosch as Director For Against We are voting against this director for missing more than 25 percent of scheduled meetings without a satisfactory reason. Ashok Leyland Limited 500477 31-Jul-19 Annual Management 5 Reelect Jean Brunol as Director For For Ashok Leyland Limited 500477 31-Jul-19 Annual Management 6 Reelect Sanjay K. Asher as Director For Against This director is overboarded. Ashok Leyland Limited 500477 31-Jul-19 Annual Management 7 Elect Gopal Mahadevan as Director and Approve For Against We do not support insiders on the board other than Appointment and Remuneration of Gopal the CEO. Mahadevan as Whole-time Director designated as Whole-time Director and Chief Financial Officer

Ashok Leyland Limited 500477 31-Jul-19 Annual Management 8 Approve Remuneration of Cost Auditors For For Business-Intelligence of Oriental Nations Corp. Ltd. 300166 31-Jul-19 Special Management 1 Approve Merger by Absorption of Beijing Donghua For For Xintong Information Technology Co., Ltd.

Business-Intelligence of Oriental Nations Corp. Ltd. 300166 31-Jul-19 Special Management 2 Approve Merger by Absorption of Beijing Puze For For Chuangzhi Data Technology Co., Ltd. China Tower Corp. Ltd. 788 31-Jul-19 Special Management 1 Elect Gu Xiaomin as Director, Authorize Board to For For Sign on Behalf of the Company theSupervisor's Service Contract with Gu Xiaomin and Authorize Board to Fix His Remuneration

Prepared by: Public Markets Sept. 30, 2019 78 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. China Tower Corp. Ltd. 788 31-Jul-19 Special Management 2 Elect Li Tienan as Supervisor and Authorize Board to For For Sign on Behalf of the Company theSupervisor's Service Contract with Li Tienan DuluxGroup Limited DLX 31-Jul-19 Court Management 1 Approve Scheme of Arrangement in Relation to the For For Proposed Acquisition of the Company by Nippon Paint Holdings Co., Ltd. Lundin Petroleum AB LUPE 31-Jul-19 Special Management 1 Open Meeting None None Lundin Petroleum AB LUPE 31-Jul-19 Special Management 2 Elect Chairman of Meeting For For Lundin Petroleum AB LUPE 31-Jul-19 Special Management 3 Prepare and Approve List of Shareholders For For Lundin Petroleum AB LUPE 31-Jul-19 Special Management 4 Approve Agenda of Meeting For For Lundin Petroleum AB LUPE 31-Jul-19 Special Management 5 Designate Inspector(s) of Minutes of Meeting For For Lundin Petroleum AB LUPE 31-Jul-19 Special Management 6 Acknowledge Proper Convening of Meeting For For Lundin Petroleum AB LUPE 31-Jul-19 Special Management 7 Approve Share Swap Agreement; Approve SEK For For 556,594 Reduction in Share Capital via Share Cancellation; Approve Capitalization of Reserves of SEK 556,594 Lundin Petroleum AB LUPE 31-Jul-19 Special Management 8 Approve Subsidiary Lundin Norway AS' Sale of 2.6 For For Percent of Johan Sverdrup unit to Equinor Energy AS Lundin Petroleum AB LUPE 31-Jul-19 Special Management 9 Close Meeting None None Magazine Luiza SA MGLU3 31-Jul-19 Special Management 1 Approve 8-for-1 Stock Split For For Magazine Luiza SA MGLU3 31-Jul-19 Special Management 2 Amend Articles to Reflect Changes in Share Capital For For and Authorized Capital and Consolidate Bylaws

Magazine Luiza SA MGLU3 31-Jul-19 Special Management 3 Authorize Board to Ratify and Execute Approved For For Resolutions McKesson Corporation MCK 31-Jul-19 Annual Management 1.1 Elect Director Dominic J. Caruso For For McKesson Corporation MCK 31-Jul-19 Annual Management 1.2 Elect Director N. Anthony Coles For Against We are holding certain directors accountable for ratifying what we believe to be problematic compensation issues. McKesson Corporation MCK 31-Jul-19 Annual Management 1.3 Elect Director M. Christine Jacobs For For McKesson Corporation MCK 31-Jul-19 Annual Management 1.4 Elect Director Donald R. Knauss For For McKesson Corporation MCK 31-Jul-19 Annual Management 1.5 Elect Director Marie L. Knowles For For McKesson Corporation MCK 31-Jul-19 Annual Management 1.6 Elect Director Bradley E. Lerman For For McKesson Corporation MCK 31-Jul-19 Annual Management 1.7 Elect Director Edward A. Mueller For For McKesson Corporation MCK 31-Jul-19 Annual Management 1.8 Elect Director Susan R. Salka For For McKesson Corporation MCK 31-Jul-19 Annual Management 1.9 Elect Director Brian S. Tyler For For McKesson Corporation MCK 31-Jul-19 Annual Management 1.10 Elect Director Kenneth E. Washington For For McKesson Corporation MCK 31-Jul-19 Annual Management 2 Ratify Deloitte & Touche LLP as Auditors For Against The auditor's tenure exceeds our guidelines.

Prepared by: Public Markets Sept. 30, 2019 79 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. McKesson Corporation MCK 31-Jul-19 Annual Management 3 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance, and it contains features that are not in line with best practice. McKesson Corporation MCK 31-Jul-19 Annual Shareholder 4 Report on Lobbying Payments and Policy Against For We support this shareholder proposal calling for improved disclosure of political contributions and information on trade association affiliations as it would provide investors with additional information to assess related risks and benefits of such contributions. McKesson Corporation MCK 31-Jul-19 Annual Shareholder 5 Reduce Ownership Threshold for Shareholders to Against For We are voting in favour of this proposal as it Call Special Meeting enhances shareholders' rights. MicroPort Scientific Corporation 853 31-Jul-19 Special Management 1 Amend Articles of Association For For National Bank of Greece SA ETE 31-Jul-19 Annual Management 1 Amend Company Articles For Against We are not supportive of the proposed bylaws amendments as they are not in shareholders' best interests. National Bank of Greece SA ETE 31-Jul-19 Annual Management 2 Accept Statutory Reports For For National Bank of Greece SA ETE 31-Jul-19 Annual Management 3 Accept Financial Statements For For National Bank of Greece SA ETE 31-Jul-19 Annual Management 4 Approve Discharge of Board and Auditors For For National Bank of Greece SA ETE 31-Jul-19 Annual Management 5 Approve Auditors and Fix Their Remuneration For For National Bank of Greece SA ETE 31-Jul-19 Annual Management 6 Approve Remuneration Policy For For National Bank of Greece SA ETE 31-Jul-19 Annual Management 7 Approve Director Remuneration For For National Bank of Greece SA ETE 31-Jul-19 Annual Management 8 Authorize Board to Participate in Companies with For For Similar Business Interests National Bank of Greece SA ETE 31-Jul-19 Annual Management 9 Approve Increase in Size of Board For For National Bank of Greece SA ETE 31-Jul-19 Annual Management 10.1 Elect Gikas Hardouvelis as Independent Director For For National Bank of Greece SA ETE 31-Jul-19 Annual Management 10.2 Elect Avraam Gounaris as Independent Director For For National Bank of Greece SA ETE 31-Jul-19 Annual Management 11.1 Elect Aikaterini Beritsi as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.

National Bank of Greece SA ETE 31-Jul-19 Annual Management 11.2 Elect Wietze Reehoorn as Independent Director For For National Bank of Greece SA ETE 31-Jul-19 Annual Management 11.3 Elect Elena Ana Cernat as Independent Director For For National Bank of Greece SA ETE 31-Jul-19 Annual Management 11.4 Elect Christina Theofilidi as Director For Against We do not support insiders on the board other than the CEO.

Prepared by: Public Markets Sept. 30, 2019 80 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. National Bank of Greece SA ETE 31-Jul-19 Annual Management 12.1 Elect Andrew McIntyre as Chairman of Audit For For Committee National Bank of Greece SA ETE 31-Jul-19 Annual Management 12.2 Elect Claude Piret as Vice Chairman of Audit For For Committee National Bank of Greece SA ETE 31-Jul-19 Annual Management 12.3 Elect Aikaterini Beritsi as Member of Audit For Against Since the board's overall independence level does Committee not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.

National Bank of Greece SA ETE 31-Jul-19 Annual Management 12.4 Elect Avraam Gounaris as Member of Audit For For Committee National Bank of Greece SA ETE 31-Jul-19 Annual Management 12.5 Elect Periklis Drougkas as Member of Audit For Against Since the board's overall independence level does Committee not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.

National Bank of Greece SA ETE 31-Jul-19 Annual Management 13 Various Announcements None None Polar Capital Holdings Plc POLR 31-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Polar Capital Holdings Plc POLR 31-Jul-19 Annual Management 2 Approve Remuneration Report For For Polar Capital Holdings Plc POLR 31-Jul-19 Annual Management 3 Elect Alexa Coates as Director For For Polar Capital Holdings Plc POLR 31-Jul-19 Annual Management 4 Elect Quintin Price as Director For For Polar Capital Holdings Plc POLR 31-Jul-19 Annual Management 5 Re-elect Gavin Rochussen as Director For For Polar Capital Holdings Plc POLR 31-Jul-19 Annual Management 6 Re-elect John Mansell as Director For Against We do not support insiders on the board other than the CEO. Polar Capital Holdings Plc POLR 31-Jul-19 Annual Management 7 Re-elect Brian Ashford-Russell as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.

Prepared by: Public Markets Sept. 30, 2019 81 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Polar Capital Holdings Plc POLR 31-Jul-19 Annual Management 8 Re-elect Jamie Cayzer-Colvin as Director For Against We are not supportive of non-independent directors sitting on key board committees.Since the board's overall independence level does not meet our guidelines, we are voting against all non- independent directors on the ballot, except the CEO. Polar Capital Holdings Plc POLR 31-Jul-19 Annual Management 9 Re-elect Tom Bartlam as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Polar Capital Holdings Plc POLR 31-Jul-19 Annual Management 10 Re-elect Win Robbins as Director For For Polar Capital Holdings Plc POLR 31-Jul-19 Annual Management 11 Reappoint Ernst & Young LLP as Auditors For Against We are voting against the appointment of the audit firm as the non-audit fees exceed our guidelines.

Polar Capital Holdings Plc POLR 31-Jul-19 Annual Management 12 Authorise Board to Fix Remuneration of Auditors For Against We are voting against the appointment of the audit firm as the non-audit fees exceed our guidelines.

Polar Capital Holdings Plc POLR 31-Jul-19 Annual Management 13 Authorise Issue of Equity For For Polar Capital Holdings Plc POLR 31-Jul-19 Annual Management 14 Authorise Issue of Equity without Pre-emptive For For Rights Polar Capital Holdings Plc POLR 31-Jul-19 Annual Management 15 Authorise Market Purchase of Ordinary Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Polskie Gornictwo Naftowe i Gazownictwo SA PGN 31-Jul-19 Special Management 1 Open Meeting None None Polskie Gornictwo Naftowe i Gazownictwo SA PGN 31-Jul-19 Special Management 2 Elect Meeting Chairman For For Polskie Gornictwo Naftowe i Gazownictwo SA PGN 31-Jul-19 Special Management 3 Acknowledge Proper Convening of Meeting None None Polskie Gornictwo Naftowe i Gazownictwo SA PGN 31-Jul-19 Special Management 4 Prepare List of Shareholders None None Polskie Gornictwo Naftowe i Gazownictwo SA PGN 31-Jul-19 Special Management 5 Approve Agenda of Meeting For For Polskie Gornictwo Naftowe i Gazownictwo SA PGN 31-Jul-19 Special Management 6 Approve Acquisition of 10,000 Shares of PGNiG For For Upstream Norway AS Polskie Gornictwo Naftowe i Gazownictwo SA PGN 31-Jul-19 Special Shareholder 7 Amend Statute None Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. Polskie Gornictwo Naftowe i Gazownictwo SA PGN 31-Jul-19 Special Management 8 Close Meeting None None Tech Mahindra Limited 532755 31-Jul-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Tech Mahindra Limited 532755 31-Jul-19 Annual Management 2 Accept Consolidated Financial Statements and For For Statutory Reports Tech Mahindra Limited 532755 31-Jul-19 Annual Management 3 Approve Dividend For For Tech Mahindra Limited 532755 31-Jul-19 Annual Management 4 Reelect V. S. Parthasarathy as Director For For

Prepared by: Public Markets Sept. 30, 2019 82 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Tech Mahindra Limited 532755 31-Jul-19 Annual Management 5 Elect Mukti Khaire as Director For For Tech Mahindra Limited 532755 31-Jul-19 Annual Management 6 Reelect M. Damodaran as Director For Against This director is overboarded. Tech Mahindra Limited 532755 31-Jul-19 Annual Management 7 Reelect T. N. Manoharan as Director For For Tech Mahindra Limited 532755 31-Jul-19 Annual Management 8 Reelect M. Rajyalakshmi Rao as Director For For Tech Mahindra Limited 532755 31-Jul-19 Annual Management 9 Elect Haigreve Khaitan as Director For Against This director is overboarded. Tech Mahindra Limited 532755 31-Jul-19 Annual Management 10 Elect Shikha Sharma as Director For For Tech Mahindra Limited 532755 31-Jul-19 Annual Management 11 Approve Payment of Commission to Directors For For Capri Holdings Limited CPRI 01-Aug-19 Annual Management 1a Elect Director Judy Gibbons For For Capri Holdings Limited CPRI 01-Aug-19 Annual Management 1b Elect Director Jane Thompson For For Capri Holdings Limited CPRI 01-Aug-19 Annual Management 2 Ratify Ernst & Young LLP as Auditors For For Capri Holdings Limited CPRI 01-Aug-19 Annual Management 3 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Capri Holdings Limited CPRI 01-Aug-19 Annual Management 4 Advisory Vote on Say on Pay Frequency One Year One Year We are supportive of annual advisory say-on-pay (SOP) votes as it enhances shareholders' rights. China International Travel Service Corp. Ltd. 601888 01-Aug-19 Special Management 1 Approve Investment in the Construction of Haikou For For International Duty Free City Project China International Travel Service Corp. Ltd. 601888 01-Aug-19 Special Management 2 Approve Signing of Financial Services Agreement For Against This proposal is not in shareholders' best interests Eicher Motors Limited 505200 01-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Eicher Motors Limited 505200 01-Aug-19 Annual Management 2 Approve Dividend For For Eicher Motors Limited 505200 01-Aug-19 Annual Management 3 Reelect Siddhartha Lal as Director For Against We are not supportive of non-independent directors sitting on key board committees. Eicher Motors Limited 505200 01-Aug-19 Annual Management 4 Approve Remuneration of Cost Auditors For For Eicher Motors Limited 505200 01-Aug-19 Annual Management 5 Elect Vinod Kumar Dasari as Director and Approve For Against We do not support insiders on the board other than Appointment and Remuneration of Vinod Kumar the CEO. Dasari as Whole-time Director Eicher Motors Limited 505200 01-Aug-19 Annual Management 6 Elect Inder Mohan Singh as Director For For Eicher Motors Limited 505200 01-Aug-19 Annual Management 7 Elect Vinod Kumar Aggarwal as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Eicher Motors Limited 505200 01-Aug-19 Annual Management 8 Approve Commission to Non-Executive Directors For For Eicher Motors Limited 505200 01-Aug-19 Annual Management 9 Approve Payment of Remuneration to S. Sandilya as For For Chairman (Non-Executive and Independent Director) Eicher Motors Limited 505200 01-Aug-19 Annual Management 10 Approve Eicher Motors Limited's Restricted Stock For Against The stock option plan does not meet our guidelines. Unit Plan 2019

Prepared by: Public Markets Sept. 30, 2019 83 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Eicher Motors Limited 505200 01-Aug-19 Annual Management 11 Approve Extension of Benefits of Eicher Motors For Against The stock option plan does not meet our guidelines. Limited's Restricted Stock Unit Plan 2019 to the Employees of Subsidiary Companies Gazprom Neft PJSC SIBN 01-Aug-19 Special Management 1 Fix Number of Directors For For Godrej Consumer Products Limited 532424 01-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Godrej Consumer Products Limited 532424 01-Aug-19 Annual Management 2 Confirm Interim Dividend For For Godrej Consumer Products Limited 532424 01-Aug-19 Annual Management 3 Reelect Nadir Godrej as Director For Against This director is overboarded. Godrej Consumer Products Limited 532424 01-Aug-19 Annual Management 4 Reelect Jamshyd Godrej as Director For For Godrej Consumer Products Limited 532424 01-Aug-19 Annual Management 5 Approve Remuneration of Cost Auditors For For Godrej Consumer Products Limited 532424 01-Aug-19 Annual Management 6 Reelect Narendra Ambwani as Director For Against We are holding the Chair of the Nomination Committee accountable for not having addressed the CEO's overboarding. Godrej Consumer Products Limited 532424 01-Aug-19 Annual Management 7 Reelect Aman Mehta as Director For Against This director is overboarded. Godrej Consumer Products Limited 532424 01-Aug-19 Annual Management 8 Reelect Omkar Goswami as Director For Against This director is overboarded.We are voting against this director for missing more than 25 percent of scheduled meetings without a satisfactory reason.

Godrej Consumer Products Limited 532424 01-Aug-19 Annual Management 9 Reelect Ireena Vittal as Director For Against This director is overboarded. Godrej Consumer Products Limited 532424 01-Aug-19 Annual Management 10 Approve Reappointment and Remuneration of For For Nisaba Godrej as Whole-time Director Godrej Consumer Products Limited 532424 01-Aug-19 Annual Management 11 Approve Reappointment and Remuneration of For For Vivek Gambhir as Managing Director & CEO Jazz Pharmaceuticals plc JAZZ 01-Aug-19 Annual Management 1a Elect Director Paul L. Berns For For Jazz Pharmaceuticals plc JAZZ 01-Aug-19 Annual Management 1b Elect Director Patrick G. Enright For For Jazz Pharmaceuticals plc JAZZ 01-Aug-19 Annual Management 1c Elect Director Seamus Mulligan For For Jazz Pharmaceuticals plc JAZZ 01-Aug-19 Annual Management 1d Elect Director Norbert G. Riedel For Against This director is overboarded. Jazz Pharmaceuticals plc JAZZ 01-Aug-19 Annual Management 2 Approve KPMG, Dublin as Auditors and Authorize For For Board to Fix Their Remuneration Jazz Pharmaceuticals plc JAZZ 01-Aug-19 Annual Management 3 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Larsen & Toubro Limited 500510 01-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Larsen & Toubro Limited 500510 01-Aug-19 Annual Management 2 Approve Final Dividend For For Larsen & Toubro Limited 500510 01-Aug-19 Annual Management 3 Reelect M.V. Satish as Director For Against We do not support insiders on the board other than the CEO.

Prepared by: Public Markets Sept. 30, 2019 84 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Larsen & Toubro Limited 500510 01-Aug-19 Annual Management 4 Reelect Shailendra Roy as Director For Against We do not support insiders on the board other than the CEO. Larsen & Toubro Limited 500510 01-Aug-19 Annual Management 5 Reelect R. Shankar Raman as Director For Against We do not support insiders on the board other than the CEO. Larsen & Toubro Limited 500510 01-Aug-19 Annual Management 6 Reelect J.D Patil as Director For Against We do not support insiders on the board other than the CEO. Larsen & Toubro Limited 500510 01-Aug-19 Annual Management 7 Reelect M.M. Chitale as Director For For Larsen & Toubro Limited 500510 01-Aug-19 Annual Management 8 Reelect M. Damodaran as Director For Against This director is overboarded. Larsen & Toubro Limited 500510 01-Aug-19 Annual Management 9 Reelect Vikram Singh Mehta as Director For Against This director is overboarded. Larsen & Toubro Limited 500510 01-Aug-19 Annual Management 10 Reelect Adil Zainulbhai as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are holding the Nomination Committee members accountable for not having addressed the CEO's overboarding Larsen & Toubro Limited 500510 01-Aug-19 Annual Management 11 Approve Remuneration to S.N Subrahmanyan as For Against We are not supportive of this proposal as it lacks Chief Executive Officer and Managing Director the disclosure necessary for shareholders to make an informed decision. Larsen & Toubro Limited 500510 01-Aug-19 Annual Management 12 Approve Remuneration to R. Shankar Raman as For Against We are not supportive of this proposal as it lacks Chief Financial Officer and Whole-time Director the disclosure necessary for shareholders to make an informed decision. Larsen & Toubro Limited 500510 01-Aug-19 Annual Management 13 Amend Objects Clause of Memorandum of For For Association Larsen & Toubro Limited 500510 01-Aug-19 Annual Management 14 Approve Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights Larsen & Toubro Limited 500510 01-Aug-19 Annual Management 15 Approve Remuneration of Cost Auditors For For Marico Limited 531642 01-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Marico Limited 531642 01-Aug-19 Annual Management 2 Reelect Harsh Mariwala as Director For Against This director is overboarded.Since the board's overall independence level does not meet our guidelines, we are refering this nominee.We are refering this director due to concerns over tenure.

Marico Limited 531642 01-Aug-19 Annual Management 3 Approve Remuneration of Cost Auditors For For Marico Limited 531642 01-Aug-19 Annual Management 4 Approve Reappointment and Remuneration of For For Saugata Gupta as Managing Director and CEO Marico Limited 531642 01-Aug-19 Annual Management 5 Approve Payment of Remuneration to Harsh For For Mariwala as Chairman of the Board and Non- Executive Director

Prepared by: Public Markets Sept. 30, 2019 85 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Marico Limited 531642 01-Aug-19 Annual Management 6 Reelect Nikhil Khattau as Director For For Marico Limited 531642 01-Aug-19 Annual Management 7 Reelect Hema Ravichandar as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Marico Limited 531642 01-Aug-19 Annual Management 8 Reelect B. S. Nagesh as Director For For Marico Limited 531642 01-Aug-19 Annual Management 9 Reelect Rajeev Bakshi as Director For For Raia Drogasil SA RADL3 01-Aug-19 Special Management 1 Approve Agreement to Absorb Drogaria Onofre For For Ltda. Raia Drogasil SA RADL3 01-Aug-19 Special Management 2 Ratify Apsis Consultoria e Avaliacoes Ltda. as the For For Independent Firm to Appraise Proposed Transaction

Raia Drogasil SA RADL3 01-Aug-19 Special Management 3 Approve Independent Firm's Appraisal For For Raia Drogasil SA RADL3 01-Aug-19 Special Management 4 Approve Absorption of Drogaria Onofre Ltda. For For Raia Drogasil SA RADL3 01-Aug-19 Special Management 5 Authorize Board to Ratify and Execute Approved For For Resolutions Ralph Lauren Corporation RL 01-Aug-19 Annual Management 1.1 Elect Director Frank A. Bennack, Jr. For Withhold We are holding all members of the Compensation Committee accountable for ratifying compensation practices that we believe do not sufficiently align pay with performance. We are also voting against this director due to concerns over tenure.

Ralph Lauren Corporation RL 01-Aug-19 Annual Management 1.2 Elect Director Joel L. Fleishman For Withhold We are holding all members of the Compensation Committee accountable for ratifying compensation practices that we believe do not sufficiently align pay with performance. Ralph Lauren Corporation RL 01-Aug-19 Annual Management 1.3 Elect Director Michael A. George For Withhold We are holding all members of the Compensation Committee accountable for ratifying compensation practices that we believe do not sufficiently align pay with performance. This director is also overboarded. Ralph Lauren Corporation RL 01-Aug-19 Annual Management 1.4 Elect Director Hubert Joly For Withhold We are holding all members of the Compensation Committee accountable for ratifying compensation practices that we believe do not sufficiently align pay with performance. Ralph Lauren Corporation RL 01-Aug-19 Annual Management 2 Ratify Ernst & Young LLP as Auditors For Against We are voting against the appointment of the audit firm as the non-audit fees exceed our guidelines.

Prepared by: Public Markets Sept. 30, 2019 86 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Ralph Lauren Corporation RL 01-Aug-19 Annual Management 3 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Ralph Lauren Corporation RL 01-Aug-19 Annual Management 4 Approve Omnibus Stock Plan For Against The omnibus stock plan does not meet our guidelines. Housing Development Finance Corporation Limited 500010 02-Aug-19 Annual Management 1.a Accept Financial Statements and Statutory Reports For For

Housing Development Finance Corporation Limited 500010 02-Aug-19 Annual Management 1.b Accept Consolidated Financial Statements and For For Statutory Reports Housing Development Finance Corporation Limited 500010 02-Aug-19 Annual Management 2 Approve Final Dividend For For

Housing Development Finance Corporation Limited 500010 02-Aug-19 Annual Management 3 Reelect V. Srinivasa Rangan as Director For Against We do not support insiders on the board other than the CEO. Housing Development Finance Corporation Limited 500010 02-Aug-19 Annual Management 4 Authorize Board to Fix Remuneration of Auditors For Against We are voting against the appointment of the audit firm as the non-audit fees exceed our guidelines.

Housing Development Finance Corporation Limited 500010 02-Aug-19 Annual Management 5 Elect Bhaskar Ghosh as Director For For

Housing Development Finance Corporation Limited 500010 02-Aug-19 Annual Management 6 Elect Ireena Vittal as Director For Against This director is overboarded.

Housing Development Finance Corporation Limited 500010 02-Aug-19 Annual Management 7 Reelect Nasser Munjee as Director For Against This director is overboarded.We are voting against this director due to concerns over tenure. Housing Development Finance Corporation Limited 500010 02-Aug-19 Annual Management 8 Reelect J. J. Irani as Director For Against We are holding the Chair of the Nomination Committee accountable for not having addressed the CEO's overboarding. Housing Development Finance Corporation Limited 500010 02-Aug-19 Annual Management 9 Approve Related Party Transactions with HDFC Bank For For Limited Housing Development Finance Corporation Limited 500010 02-Aug-19 Annual Management 10 Approve Commission to Non-Executive Directors For For

Housing Development Finance Corporation Limited 500010 02-Aug-19 Annual Management 11 Approve Revision in the Remuneration of Keki M. For For Mistry as Managing Director Designated as Vice Chairman & Chief Executive Officer Housing Development Finance Corporation Limited 500010 02-Aug-19 Annual Management 12 Authorize Issuance of Redeemable Non-Convertible For For Debentures and/ or Any Other Hybrid Instruments on Private Placement Basis Exide Industries Limited 500086 03-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Prepared by: Public Markets Sept. 30, 2019 87 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Exide Industries Limited 500086 03-Aug-19 Annual Management 2 Confirm Interim Dividend and Declare Final For For Dividend Exide Industries Limited 500086 03-Aug-19 Annual Management 3 Reelect Subir Chakraborty as Director For Against We do not support insiders on the board other than the CEO. Exide Industries Limited 500086 03-Aug-19 Annual Management 4 Approve Remuneration of Cost Auditors For For Exide Industries Limited 500086 03-Aug-19 Annual Management 5 Reelect Mona N Desai as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Exide Industries Limited 500086 03-Aug-19 Annual Management 6 Reelect Sudhir Chand as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Exide Industries Limited 500086 03-Aug-19 Annual Management 7 Approve Reappointment and Remuneration of For For Gautam Chatterjee as Managing Director and Chief Executive Officer Exide Industries Limited 500086 03-Aug-19 Annual Management 8 Approve Appointment and Remuneration of Subir For For Chakraborty as Deputy Managing Director Exide Industries Limited 500086 03-Aug-19 Annual Management 9 Approve Reappointment and Remuneration of Arun For For Mittal as Whole-Time Director, Designated as Director - Automotive Exide Industries Limited 500086 03-Aug-19 Annual Management 10 Approve Commission to Non-Executive Directors For For Exide Industries Limited 500086 03-Aug-19 Annual Management 11 Approve Pledging of Assets for Debt For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. China Communications Construction Company 1800 05-Aug-19 Special Management 1 Approve Share Transfer, Capital Increase Agreement For For Limited and Related Transactions Adani Ports & Special Economic Zone Limited 532921 06-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Adani Ports & Special Economic Zone Limited 532921 06-Aug-19 Annual Management 2 Approve Final Dividend on Equity Shares For For Adani Ports & Special Economic Zone Limited 532921 06-Aug-19 Annual Management 3 Approve Dividend on Preferences Shares For For Adani Ports & Special Economic Zone Limited 532921 06-Aug-19 Annual Management 4 Reelect Rajesh S. Adani as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.This director is overboarded. Adani Ports & Special Economic Zone Limited 532921 06-Aug-19 Annual Management 5 Elect Mukesh Kumar as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.

Prepared by: Public Markets Sept. 30, 2019 88 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Adani Ports & Special Economic Zone Limited 532921 06-Aug-19 Annual Management 6 Elect Nirupama Rao as Director For For Adani Ports & Special Economic Zone Limited 532921 06-Aug-19 Annual Management 7 Reelect G. Raghuram as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Adani Ports & Special Economic Zone Limited 532921 06-Aug-19 Annual Management 8 Reelect G. K. Pillai as Director For For Adani Ports & Special Economic Zone Limited 532921 06-Aug-19 Annual Management 9 Approve Reappointment and Remuneration of For For Malay Mahadevia as Whole Time Director Adani Ports & Special Economic Zone Limited 532921 06-Aug-19 Annual Management 10 Approve Payment of Commission to Non-Executive For For Directors Fubon Financial Holding Co., Ltd. 2881 06-Aug-19 Special Management 1 Approve Amendment on 2018 Profit Distribution For For Plan GDS Holdings Limited GDS 06-Aug-19 Annual Management 1 Elect Director William Wei Huang For Against We are not supportive of non-independent directors sitting on key board committees.We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are holding the Chair of the Nomination Committee accountable for inadequate gender diversity on the board GDS Holdings Limited GDS 06-Aug-19 Annual Management 2 Elect Director Bin Yu For For GDS Holdings Limited GDS 06-Aug-19 Annual Management 3 Elect Director Zulkifli Baharudin For For GDS Holdings Limited GDS 06-Aug-19 Annual Management 4 Ratify KPMG Huazhen LLP as Auditors For For GDS Holdings Limited GDS 06-Aug-19 Annual Management 5 Amend Omnibus Stock Plan For Against The omnibus stock plan does not meet our guidelines. GDS Holdings Limited GDS 06-Aug-19 Annual Management 6 Approve Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights GDS Holdings Limited GDS 06-Aug-19 Annual Management 7 Authorize Board to Ratify and Execute Approved For For Resolutions Gielda Papierow Wartosciowych w Warszawie SA GPW 06-Aug-19 Special Management 1 Open Meeting None None Gielda Papierow Wartosciowych w Warszawie SA GPW 06-Aug-19 Special Management 2 Elect Meeting Chairman For For Gielda Papierow Wartosciowych w Warszawie SA GPW 06-Aug-19 Special Management 3 Acknowledge Proper Convening of Meeting None None Gielda Papierow Wartosciowych w Warszawie SA GPW 06-Aug-19 Special Management 4 Approve Agenda of Meeting For For Gielda Papierow Wartosciowych w Warszawie SA GPW 06-Aug-19 Special Management 5 Elect Supervisory Board Member For Against We are voting against all directors as the company has not properly disclosed the names of the nominees along with their independence status.

Gielda Papierow Wartosciowych w Warszawie SA GPW 06-Aug-19 Special Management 6 Close Meeting None None Guangdong Haid Group Co., Ltd. 002311 06-Aug-19 Special Management 1 Approve to Appoint Auditor For For

Prepared by: Public Markets Sept. 30, 2019 89 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Guangzhou Automobile Group Co., Ltd. 2238 06-Aug-19 Special Management 1 Approve Appointment of Auditors For Against We are voting against the appointment of the audit firm as audit fees are not disclosed. Guangzhou Automobile Group Co., Ltd. 2238 06-Aug-19 Special Management 2 Approve Appointment of Internal Control Auditors For For

HCL Technologies Limited 532281 06-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

HCL Technologies Limited 532281 06-Aug-19 Annual Management 2 Reelect Shiv Nadar as Director For Against We are not supportive of non-independent directors sitting on key board committees. HCL Technologies Limited 532281 06-Aug-19 Annual Management 3 Approve B S R & Co. LLP, Chartered Accountants as For Against The auditor's tenure is not disclosed. Auditors and Authorize Board to Fix Their Remuneration HCL Technologies Limited 532281 06-Aug-19 Annual Management 4 Reelect R. Srinivasan as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. HCL Technologies Limited 532281 06-Aug-19 Annual Management 5 Reelect S. Madhavan as Director For For HCL Technologies Limited 532281 06-Aug-19 Annual Management 6 Reelect Robin Ann Abrams as Director For For HCL Technologies Limited 532281 06-Aug-19 Annual Management 7 Reelect Sosale Shankara Sastry as Director For For HCL Technologies Limited 532281 06-Aug-19 Annual Management 8 Approve Payment of Commission to Non-Executive For For Directors Pidilite Industries Limited 500331 06-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Pidilite Industries Limited 500331 06-Aug-19 Annual Management 2 Approve Dividend For For Pidilite Industries Limited 500331 06-Aug-19 Annual Management 3 Reelect A N Parekh as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Pidilite Industries Limited 500331 06-Aug-19 Annual Management 4 Reelect N K Parekh as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.We are voting against this director due to concerns over tenure. Pidilite Industries Limited 500331 06-Aug-19 Annual Management 5 Reelect B S Mehta as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Pidilite Industries Limited 500331 06-Aug-19 Annual Management 6 Reelect Uday Khanna as Director For For Pidilite Industries Limited 500331 06-Aug-19 Annual Management 7 Reelect Meera Shankar as Director For For Pidilite Industries Limited 500331 06-Aug-19 Annual Management 8 Approve Remuneration of Cost Auditors For For Qorvo, Inc. QRVO 06-Aug-19 Annual Management 1.1 Elect Director Ralph G. Quinsey For For Qorvo, Inc. QRVO 06-Aug-19 Annual Management 1.2 Elect Director Robert A. Bruggeworth For For

Prepared by: Public Markets Sept. 30, 2019 90 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Qorvo, Inc. QRVO 06-Aug-19 Annual Management 1.3 Elect Director Jeffery R. Gardner For For Qorvo, Inc. QRVO 06-Aug-19 Annual Management 1.4 Elect Director John R. Harding For For Qorvo, Inc. QRVO 06-Aug-19 Annual Management 1.5 Elect Director David H. Y. Ho For For Qorvo, Inc. QRVO 06-Aug-19 Annual Management 1.6 Elect Director Roderick D. Nelson For For Qorvo, Inc. QRVO 06-Aug-19 Annual Management 1.7 Elect Director Walden C. Rhines For For Qorvo, Inc. QRVO 06-Aug-19 Annual Management 1.8 Elect Director Susan L. Spradley For For Qorvo, Inc. QRVO 06-Aug-19 Annual Management 1.9 Elect Director Walter H. Wilkinson, Jr. For Withhold We are holding the Chair of the Nomination Committee accountable for inadequate gender diversity on the board and for not providing the Independent Lead Director with all necessary powers required for an effective counter-balance to the non-independent Chair position. Qorvo, Inc. QRVO 06-Aug-19 Annual Management 2 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance and it lacks sufficient disclosure. Qorvo, Inc. QRVO 06-Aug-19 Annual Management 3 Ratify Ernst & Young LLP as Auditors For For The Siam Commercial Bank Public Company Limited SCB 06-Aug-19 Special Management 1 Approve Sale of All Ordinary Shares in SCB Life For Against We are not supportive of this proposal as it lacks Assurance Public Company Limited to FWD Group the disclosure necessary for shareholders to make Financial Services Pte. Ltd an informed decision. The Siam Commercial Bank Public Company Limited SCB 06-Aug-19 Special Management 2 Approve Delegation of Authority to the Executive For Against We are not supportive of this proposal as it lacks Committee or Chief Executive Officer and Chairman the disclosure necessary for shareholders to make of the Executive Committee to Perform Any Actions an informed decision. in Relation to the Share Sale Agreement, Distribution Agreement or Other Relevant Agreements Titan Company Limited 500114 06-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Titan Company Limited 500114 06-Aug-19 Annual Management 2 Accept Consolidated Financial Statements and For For Statutory Reports Titan Company Limited 500114 06-Aug-19 Annual Management 3 Approve Dividend For For Titan Company Limited 500114 06-Aug-19 Annual Management 4 Reelect Harish Bhat as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.

Prepared by: Public Markets Sept. 30, 2019 91 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Titan Company Limited 500114 06-Aug-19 Annual Management 5 Elect N Muruganandam as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Titan Company Limited 500114 06-Aug-19 Annual Management 6 Elect V Arun Roy as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.

Titan Company Limited 500114 06-Aug-19 Annual Management 7 Elect Pradyumna Vyas as Director For For Titan Company Limited 500114 06-Aug-19 Annual Management 8 Reelect Hema Ravichandar as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are holding the Chair of the Nomination Committee accountable for not having addressed the CEO's overboarding. Titan Company Limited 500114 06-Aug-19 Annual Management 9 Reelect Ireena Vittal as Director For Against This director is overboarded. Titan Company Limited 500114 06-Aug-19 Annual Management 10 Approve Branch Auditors and Authorize Board to Fix For Against We are voting against the appointment of the audit Their Remuneration firm as the non-audit fees exceed our guidelines.

Titan Company Limited 500114 06-Aug-19 Annual Management 11 Elect Mohanasankar Sivaprakasam as Director For For ABIOMED, Inc. ABMD 07-Aug-19 Annual Management 1.1 Elect Director Michael R. Minogue For For ABIOMED, Inc. ABMD 07-Aug-19 Annual Management 1.2 Elect Director Martin P. Sutter For For ABIOMED, Inc. ABMD 07-Aug-19 Annual Management 2 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance, lacks disclosure, and contains features that are not in line with best practice. ABIOMED, Inc. ABMD 07-Aug-19 Annual Management 3 Ratify Deloitte & Touche LLP as Auditors For For Companhia Energetica de Minas Gerais SA CMIG4 07-Aug-19 Special Shareholder 1 Elect Ronaldo Dias as Alternate Fiscal Council None For Member Appointed by Preferred Shareholder Lupin Limited 500257 07-Aug-19 Annual Management 1 Accept Standalone Financial Statements and For For Statutory Reports Lupin Limited 500257 07-Aug-19 Annual Management 2 Accept Consolidated Financial Statements and For For Statutory Reports Lupin Limited 500257 07-Aug-19 Annual Management 3 Approve Dividend For For Lupin Limited 500257 07-Aug-19 Annual Management 4 Reelect Vinita Gupta as Director For For

Prepared by: Public Markets Sept. 30, 2019 92 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Lupin Limited 500257 07-Aug-19 Annual Management 5 Elect Christine Mundkur as Director For For Lupin Limited 500257 07-Aug-19 Annual Management 6 Approve Remuneration of Cost Auditors For For Lupin Limited 500257 07-Aug-19 Annual Management 7 Approve Modification of Lupin Subsidiary For Against The stock option plan does not meet our guidelines. Companies Employees Stock Option Plan 2014 by Increasing the Maximum Number of Equity Shares of the Company to be Issued Under this Plan Lupin Limited 500257 07-Aug-19 Annual Management 8 Approve Modification of Lupin Employees Stock For Against The stock option plan does not meet our guidelines. Option Plan 2014 by Reducing the Maximum Number of Equity Shares of the Company to be Issued Under this Plan Mahindra & Mahindra Limited 500520 07-Aug-19 Annual Management 1 Accept Standalone Financial Statements and For For Statutory Reports Mahindra & Mahindra Limited 500520 07-Aug-19 Annual Management 2 Accept Consolidated Financial Statements and For For Statutory Reports Mahindra & Mahindra Limited 500520 07-Aug-19 Annual Management 3 Approve Dividend For For Mahindra & Mahindra Limited 500520 07-Aug-19 Annual Management 4 Reelect Pawan Goenka as Director For For Mahindra & Mahindra Limited 500520 07-Aug-19 Annual Management 5 Approve Remuneration of Cost Auditors For For Mahindra & Mahindra Limited 500520 07-Aug-19 Annual Management 6 Reelect Vishakha N. Desai as Director For For Mahindra & Mahindra Limited 500520 07-Aug-19 Annual Management 7 Reelect Vikram Singh Mehta as Director For Against This director is overboarded.We are holding the Nomination Committee members accountable for not having addressed the CEO's overboarding. Mahindra & Mahindra Limited 500520 07-Aug-19 Annual Management 8 Elect Vijay Kumar Sharma as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Mahindra & Mahindra Limited 500520 07-Aug-19 Annual Management 9 Elect Haigreve Khaitan as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.This director is overboarded. Mahindra & Mahindra Limited 500520 07-Aug-19 Annual Management 10 Elect Shikha Sharma as Director For For Vornado Realty Trust VNO 07-Aug-19 Special Management 1 Amend Declaration of Trust to Add a Foreign For For Ownership Limit Yuan Longping High-Tech Agriculture Co., Ltd. 000998 07-Aug-19 Special Management 1 Approve to Adjust the Size of the Fundraising For For Investment Project and Use Remaining Raised Funds to Replenish Working Capital Anadarko Petroleum Corporation APC 08-Aug-19 Special Management 1 Approve Merger Agreement For For Anadarko Petroleum Corporation APC 08-Aug-19 Special Management 2 Advisory Vote on Golden Parachutes For Against We are voting against this advisory vote as the structure of this compensation arrangement is not in line with best practice.

Prepared by: Public Markets Sept. 30, 2019 93 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Angel Yeast Co., Ltd. 600298 08-Aug-19 Special Management 1 Elect Xiong Tao as Non-Independent Director For For Electronic Arts Inc. EA 08-Aug-19 Annual Management 1a Elect Director Leonard S. Coleman For Against We are voting against this director due to concerns over tenure. Electronic Arts Inc. EA 08-Aug-19 Annual Management 1b Elect Director Jay C. Hoag For For Electronic Arts Inc. EA 08-Aug-19 Annual Management 1c Elect Director Jeffrey T. Huber For For Electronic Arts Inc. EA 08-Aug-19 Annual Management 1d Elect Director Lawrence F. Probst, III For For Electronic Arts Inc. EA 08-Aug-19 Annual Management 1e Elect Director Talbott Roche For For Electronic Arts Inc. EA 08-Aug-19 Annual Management 1f Elect Director Richard A. Simonson For For Electronic Arts Inc. EA 08-Aug-19 Annual Management 1g Elect Director Luis A. Ubinas For Against We are holding the Chair of the Nomination Committee accountable for inadequate gender diversity on the board. Electronic Arts Inc. EA 08-Aug-19 Annual Management 1h Elect Director Heidi J. Ueberroth For For Electronic Arts Inc. EA 08-Aug-19 Annual Management 1i Elect Director Andrew Wilson For For Electronic Arts Inc. EA 08-Aug-19 Annual Management 2 Advisory Vote to Ratify Named Executive Officers' For For Compensation Electronic Arts Inc. EA 08-Aug-19 Annual Management 3 Ratify KPMG LLP as Auditors For Against The auditor's tenure exceeds our guidelines. Electronic Arts Inc. EA 08-Aug-19 Annual Management 4 Approve Omnibus Stock Plan For Against The omnibus stock plan does not meet our guidelines. Electronic Arts Inc. EA 08-Aug-19 Annual Management 5 Provide Right for Shareholders Holding 25% or For For More of the Common Stock to Call Special Meetings

Electronic Arts Inc. EA 08-Aug-19 Annual Shareholder 6 Provide Right for Shareholders Holding 15% or Against For We are voting in favour of this proposal as it More of the Common Stock to Call Special Meetings enhances shareholders' rights.

Investec Ltd. INL 08-Aug-19 Annual Management 1 Re-elect Zarina Bassa as Director For For Investec Ltd. INL 08-Aug-19 Annual Management 2 Re-elect Peregrine Crosthwaite as Director For For Investec Ltd. INL 08-Aug-19 Annual Management 3 Re-elect Hendrik du Toit as Director For For Investec Ltd. INL 08-Aug-19 Annual Management 4 Re-elect David Friedland as Director For For Investec Ltd. INL 08-Aug-19 Annual Management 5 Re-elect Philip Hourquebie as Director For For Investec Ltd. INL 08-Aug-19 Annual Management 6 Re-elect Charles Jacobs as Director For For Investec Ltd. INL 08-Aug-19 Annual Management 7 Re-elect Ian Kantor as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Investec Ltd. INL 08-Aug-19 Annual Management 8 Re-elect Lord Malloch-Brown as Director For For Investec Ltd. INL 08-Aug-19 Annual Management 9 Re-elect Khumo Shuenyane as Director For For Investec Ltd. INL 08-Aug-19 Annual Management 10 Re-elect Fani Titi as Director For For Investec Ltd. INL 08-Aug-19 Annual Management 11 Elect Kim McFarland as Director For Against We do not support insiders on the board other than the CEO.

Prepared by: Public Markets Sept. 30, 2019 94 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Investec Ltd. INL 08-Aug-19 Annual Management 12 Elect Nishlan Samujh as Director For Against We do not support insiders on the board other than the CEO. Investec Ltd. INL 08-Aug-19 Annual Management 13 Approve Remuneration Report including For For Implementation Report Investec Ltd. INL 08-Aug-19 Annual Management 14 Approve Remuneration Policy For For Investec Ltd. INL 08-Aug-19 Annual Management 15 Authorise Board to Ratify and Execute Approved For For Resolutions Investec Ltd. INL 08-Aug-19 Annual Management 16 Present the Financial Statements and Statutory None None Reports for the Year Ended 31 March 2019 Investec Ltd. INL 08-Aug-19 Annual Management 17 Sanction the Interim Dividend on the Ordinary For For Shares Investec Ltd. INL 08-Aug-19 Annual Management 18 Sanction the Interim Dividend on the Dividend For For Access (South African Resident) Redeemable Preference Share Investec Ltd. INL 08-Aug-19 Annual Management 19 Approve Final Dividend on the Ordinary Shares and For For the Dividend Access (South African Resident) Redeemable Preference Share Investec Ltd. INL 08-Aug-19 Annual Management 20 Reappoint Ernst & Young Inc as Joint Auditors of the For Against The auditor's tenure exceeds our guidelines. Company Investec Ltd. INL 08-Aug-19 Annual Management 21 Reappoint KPMG Inc as Joint Auditors of the For Against The auditor's tenure exceeds our guidelines. Company Investec Ltd. INL 08-Aug-19 Annual Management 22 Place Unissued Variable Rate, Cumulative, For For Redeemable Preference Shares and Unissued Non- Redeemable, Non-Cumulative, Non-Participating Preference Shares Under Control of Directors Investec Ltd. INL 08-Aug-19 Annual Management 23 Place Unissued Unissued Special Convertible For For Redeemable Preference Shares Under Control of Directors Investec Ltd. INL 08-Aug-19 Annual Management 24 Authorise Repurchase of Issued Ordinary Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Investec Ltd. INL 08-Aug-19 Annual Management 25 Authorise Repurchase of Any Redeemable, Non- For Against The proposed share repurchase program does not Participating Preference Shares and Non- have sufficient limits to protect existing Redeemable, Non-Cumulative, Non-Participating shareholders. Preference Shares Investec Ltd. INL 08-Aug-19 Annual Management 26 Approve Financial Assistance to Subsidiaries and For For Directors Investec Ltd. INL 08-Aug-19 Annual Management 27 Approve Non-executive Directors' Remuneration For For

Prepared by: Public Markets Sept. 30, 2019 95 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Investec Ltd. INL 08-Aug-19 Annual Management 28 Accept Financial Statements and Statutory Reports For For

Investec Ltd. INL 08-Aug-19 Annual Management 29 Sanction the Interim Dividend on the Ordinary For For Shares Investec Ltd. INL 08-Aug-19 Annual Management 30 Approve Final Dividend For For Investec Ltd. INL 08-Aug-19 Annual Management 31 Reappoint Ernst & Young LLP as Auditors For Against The auditor's tenure exceeds our guidelines. Investec Ltd. INL 08-Aug-19 Annual Management 32 Authorise Board to Fix Remuneration of Auditors For Against The auditor's tenure exceeds our guidelines. Investec Ltd. INL 08-Aug-19 Annual Management 33 Authorise Issue of Equity For For Investec Ltd. INL 08-Aug-19 Annual Management 34 Authorise Market Purchase of Ordinary Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Investec Ltd. INL 08-Aug-19 Annual Management 35 Authorise Market Purchase of Preference Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Investec Ltd. INL 08-Aug-19 Annual Management 36 Authorise EU Political Donations and Expenditure For For Investec Plc INVP 08-Aug-19 Annual Management 1 Re-elect Zarina Bassa as Director For For Investec Plc INVP 08-Aug-19 Annual Management 2 Re-elect Peregrine Crosthwaite as Director For For Investec Plc INVP 08-Aug-19 Annual Management 3 Re-elect Hendrik du Toit as Director For For Investec Plc INVP 08-Aug-19 Annual Management 4 Re-elect David Friedland as Director For For Investec Plc INVP 08-Aug-19 Annual Management 5 Re-elect Philip Hourquebie as Director For For Investec Plc INVP 08-Aug-19 Annual Management 6 Re-elect Charles Jacobs as Director For For Investec Plc INVP 08-Aug-19 Annual Management 7 Re-elect Ian Kantor as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Investec Plc INVP 08-Aug-19 Annual Management 8 Re-elect Lord Malloch-Brown as Director For For Investec Plc INVP 08-Aug-19 Annual Management 9 Re-elect Khumo Shuenyane as Director For For Investec Plc INVP 08-Aug-19 Annual Management 10 Re-elect Fani Titi as Director For For Investec Plc INVP 08-Aug-19 Annual Management 11 Elect Kim McFarland as Director For Against We do not support insiders on the board other than the CEO. Investec Plc INVP 08-Aug-19 Annual Management 12 Elect Nishlan Samujh as Director For Against We do not support insiders on the board other than the CEO. Investec Plc INVP 08-Aug-19 Annual Management 13 Approve Remuneration Report including For For Implementation Report Investec Plc INVP 08-Aug-19 Annual Management 14 Approve Remuneration Policy For For Investec Plc INVP 08-Aug-19 Annual Management 15 Authorise Board to Ratify and Execute Approved For For Resolutions Investec Plc INVP 08-Aug-19 Annual Management 16 Present the Financial Statements and Statutory None None Reports for the Year Ended 31 March 2019

Prepared by: Public Markets Sept. 30, 2019 96 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Investec Plc INVP 08-Aug-19 Annual Management 17 Sanction the Interim Dividend on the Ordinary For For Shares Investec Plc INVP 08-Aug-19 Annual Management 18 Sanction the Interim Dividend on the Dividend For For Access (South African Resident) Redeemable Preference Share Investec Plc INVP 08-Aug-19 Annual Management 19 Approve Final Dividend on the Ordinary Shares and For For the Dividend Access (South African Resident) Redeemable Preference Share Investec Plc INVP 08-Aug-19 Annual Management 20 Reappoint Ernst & Young Inc as Joint Auditors of the For Against The auditor's tenure exceeds our guidelines. Company Investec Plc INVP 08-Aug-19 Annual Management 21 Reappoint KPMG Inc as Joint Auditors of the For Against The auditor's tenure exceeds our guidelines. Company Investec Plc INVP 08-Aug-19 Annual Management 22 Place Unissued Variable Rate, Cumulative, For For Redeemable Preference Shares and Unissued Non- Redeemable, Non-Cumulative, Non-Participating Preference Shares Under Control of Directors Investec Plc INVP 08-Aug-19 Annual Management 23 Place Unissued Unissued Special Convertible For For Redeemable Preference Shares Under Control of Directors Investec Plc INVP 08-Aug-19 Annual Management 24 Authorise Repurchase of Issued Ordinary Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Investec Plc INVP 08-Aug-19 Annual Management 25 Authorise Repurchase of Any Redeemable, Non- For Against The proposed share repurchase program does not Participating Preference Shares and Non- have sufficient limits to protect existing Redeemable, Non-Cumulative, Non-Participating shareholders. Preference Shares Investec Plc INVP 08-Aug-19 Annual Management 26 Approve Financial Assistance to Subsidiaries and For For Directors Investec Plc INVP 08-Aug-19 Annual Management 27 Approve Non-executive Directors' Remuneration For For Investec Plc INVP 08-Aug-19 Annual Management 28 Accept Financial Statements and Statutory Reports For For

Investec Plc INVP 08-Aug-19 Annual Management 29 Sanction the Interim Dividend on the Ordinary For For Shares Investec Plc INVP 08-Aug-19 Annual Management 30 Approve Final Dividend For For Investec Plc INVP 08-Aug-19 Annual Management 31 Reappoint Ernst & Young LLP as Auditors For Against The auditor's tenure exceeds our guidelines. Investec Plc INVP 08-Aug-19 Annual Management 32 Authorise Board to Fix Remuneration of Auditors For Against The auditor's tenure exceeds our guidelines. Investec Plc INVP 08-Aug-19 Annual Management 33 Authorise Issue of Equity For For

Prepared by: Public Markets Sept. 30, 2019 97 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Investec Plc INVP 08-Aug-19 Annual Management 34 Authorise Market Purchase of Ordinary Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Investec Plc INVP 08-Aug-19 Annual Management 35 Authorise Market Purchase of Preference Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Investec Plc INVP 08-Aug-19 Annual Management 36 Authorise EU Political Donations and Expenditure For For Page Industries Limited 532827 08-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Page Industries Limited 532827 08-Aug-19 Annual Management 2 Reelect Vedji Ticku as Director For For Page Industries Limited 532827 08-Aug-19 Annual Management 3 Reelect Shamir Genomal as Director For Against We do not support insiders on the board other than the CEO. Page Industries Limited 532827 08-Aug-19 Annual Management 4 Reelect G P Albal as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Page Industries Limited 532827 08-Aug-19 Annual Management 5 Reelect Rukmani Menon as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Page Industries Limited 532827 08-Aug-19 Annual Management 6 Reelect Sandeep Kumar Maini as Director For For Page Industries Limited 532827 08-Aug-19 Annual Management 7 Reelect Vikram Gamanlal Shah as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.We are voting against this director for missing more than 25 percent of scheduled meetings without disclosing a satisfactory reason. Page Industries Limited 532827 08-Aug-19 Annual Management 8 Approve Remuneration of Directors For For Saputo Inc. SAP 08-Aug-19 Annual Management 1.1 Elect Director Lino A. Saputo, Jr. For For Saputo Inc. SAP 08-Aug-19 Annual Management 1.2 Elect Director Louis-Philippe Carriere For For Saputo Inc. SAP 08-Aug-19 Annual Management 1.3 Elect Director Henry E. Demone For For Saputo Inc. SAP 08-Aug-19 Annual Management 1.4 Elect Director Anthony M. Fata For For Saputo Inc. SAP 08-Aug-19 Annual Management 1.5 Elect Director Annalisa King For For Saputo Inc. SAP 08-Aug-19 Annual Management 1.6 Elect Director Karen Kinsley For For Saputo Inc. SAP 08-Aug-19 Annual Management 1.7 Elect Director Tony Meti For For Saputo Inc. SAP 08-Aug-19 Annual Management 1.8 Elect Director Diane Nyisztor For For Saputo Inc. SAP 08-Aug-19 Annual Management 1.9 Elect Director Franziska Ruf For For Saputo Inc. SAP 08-Aug-19 Annual Management 1.10 Elect Director Annette Verschuren For For

Prepared by: Public Markets Sept. 30, 2019 98 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Saputo Inc. SAP 08-Aug-19 Annual Management 2 Approve Deloitte LLP as Auditors and Authorize For Withhold The auditor's tenure exceeds our guidelines. Board to Fix Their Remuneration Saputo Inc. SAP 08-Aug-19 Annual Management 3 Advisory Vote on Executive Compensation For For Approach Saputo Inc. SAP 08-Aug-19 Annual Shareholder 4 SP 1: Incorporation of Environmental, Social and Against For We are supportive of this proposal to disclose how Governance (ESG) Factorsin Executive the board considers environmental objectives in the Compensation evaluation of the performance of its executive officers. Saputo Inc. SAP 08-Aug-19 Annual Shareholder 5 SP 2: Determination of Director Independence Against Against We do not support this proposal as we consider it to be overly prescriptive. Saputo Inc. SAP 08-Aug-19 Annual Shareholder 6 SP 3: Advisory Vote on Executive Officers' Against Against We do not believe that support for this proposal is Compensation in the interests of shareholders. Saputo Inc. SAP 08-Aug-19 Annual Shareholder 7 SP 4: Report on the Environmental and Social Against For Shareholders would benefit from additional Impacts of Food Waste disclosure on the company's efforts to reduce food waste in order to better assess the company's performance and management of related risks and opportunities. Wave Life Sciences Ltd. WVE 08-Aug-19 Annual Management 1a Elect Director Paul B. Bolno For For Wave Life Sciences Ltd. WVE 08-Aug-19 Annual Management 1b Elect Director Christian O. Henry For Against We are holding the Chair of the Nomination Committee accountable for inadequate gender diversity on the board. We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Wave Life Sciences Ltd. WVE 08-Aug-19 Annual Management 1c Elect Director Peter Kolchinsky For For Wave Life Sciences Ltd. WVE 08-Aug-19 Annual Management 1d Elect Director Koji Miura For For Wave Life Sciences Ltd. WVE 08-Aug-19 Annual Management 1e Elect Director Adrian Rawcliffe For For Wave Life Sciences Ltd. WVE 08-Aug-19 Annual Management 1f Elect Director Ken Takanashi For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.

Wave Life Sciences Ltd. WVE 08-Aug-19 Annual Management 1g Elect Director Gregory L. Verdine For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Wave Life Sciences Ltd. WVE 08-Aug-19 Annual Management 2 Approve KPMG LLP as Auditors and Authorize Audit For For Committee to Fix Their Remuneration

Prepared by: Public Markets Sept. 30, 2019 99 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Wave Life Sciences Ltd. WVE 08-Aug-19 Annual Management 3 Approve Non-Employee Directors' Compensation For For Wave Life Sciences Ltd. WVE 08-Aug-19 Annual Management 4 Approve Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights Wave Life Sciences Ltd. WVE 08-Aug-19 Annual Management 5 Approve Qualified Employee Stock Purchase Plan For For Wave Life Sciences Ltd. WVE 08-Aug-19 Annual Management 6 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance, and it contains features that are not in line with best practice. Wave Life Sciences Ltd. WVE 08-Aug-19 Annual Management 7 Advisory Vote on Say on Pay Frequency One Year One Year We are supportive of annual advisory say-on-pay (SOP) votes as it enhances shareholders' rights. Xilinx, Inc. XLNX 08-Aug-19 Annual Management 1.1 Elect Director Dennis Segers For For Xilinx, Inc. XLNX 08-Aug-19 Annual Management 1.2 Elect Director Raman K. Chitkara For For Xilinx, Inc. XLNX 08-Aug-19 Annual Management 1.3 Elect Director Saar Gillai For For Xilinx, Inc. XLNX 08-Aug-19 Annual Management 1.4 Elect Director Ronald S. Jankov For For Xilinx, Inc. XLNX 08-Aug-19 Annual Management 1.5 Elect Director Mary Louise Krakauer For For Xilinx, Inc. XLNX 08-Aug-19 Annual Management 1.6 Elect Director Thomas H. Lee For For Xilinx, Inc. XLNX 08-Aug-19 Annual Management 1.7 Elect Director J. Michael Patterson For For Xilinx, Inc. XLNX 08-Aug-19 Annual Management 1.8 Elect Director Victor Peng For For Xilinx, Inc. XLNX 08-Aug-19 Annual Management 1.9 Elect Director Marshall C. Turner For For Xilinx, Inc. XLNX 08-Aug-19 Annual Management 1.10 Elect Director Elizabeth W. Vanderslice For Against We are holding the Chair of the Nomination Committee accountable for inadequate gender diversity on the board. Xilinx, Inc. XLNX 08-Aug-19 Annual Management 2 Amend Qualified Employee Stock Purchase Plan For For Xilinx, Inc. XLNX 08-Aug-19 Annual Management 3 Amend Omnibus Stock Plan For Against The omnibus stock plan does not meet our guidelines. Xilinx, Inc. XLNX 08-Aug-19 Annual Management 4 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance and it contains features that are not in line with best practice. Xilinx, Inc. XLNX 08-Aug-19 Annual Management 5 Ratify Ernst & Young LLP as Auditors For Against The auditor's tenure exceeds our guidelines. Britannia Industries Limited 500825 09-Aug-19 Annual Management 1a Accept Audited Standalone Financial Statements For For and Statutory Reports Britannia Industries Limited 500825 09-Aug-19 Annual Management 1b Accept Audited Consolidated Financial Statements For For and Statutory Reports Britannia Industries Limited 500825 09-Aug-19 Annual Management 2 Approve Dividend For For

Prepared by: Public Markets Sept. 30, 2019 100 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Britannia Industries Limited 500825 09-Aug-19 Annual Management 3 Reelect Ness N. Wadia as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.We are holding certain directors accountable for lack of risk oversight that led to major controversies.

Britannia Industries Limited 500825 09-Aug-19 Annual Management 4 Approve B S R & Co. LLP, Chartered Accountants as For For Auditors and Authorize Board to Fix Their Remuneration Britannia Industries Limited 500825 09-Aug-19 Annual Management 5 Elect Tanya Arvind Dubash as Director For For Britannia Industries Limited 500825 09-Aug-19 Annual Management 6 Reelect Avijit Deb as Director For Against We are voting against this director due to concerns over tenure. Britannia Industries Limited 500825 09-Aug-19 Annual Management 7 Reelect Keki Dadiseth as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are holding certain directors accountable for lack of risk oversight that led to major controversies.

Britannia Industries Limited 500825 09-Aug-19 Annual Management 8 Reelect Ajai Puri as Director For Against We are holding certain directors accountable for lack of risk oversight that led to major controversies. China State Construction International Holdings 3311 09-Aug-19 Special Management 1 Approve Framework Agreement, Annual Caps and For For Limited Related Transactions Great Wall Motor Company Limited 2333 09-Aug-19 Special Management 1 Approve Deposits and Related Party Transaction For Against We do not believe that support for this proposal is under Listing Rules of Shanghai Stock Exchange in the best interests of shareholders. Grupo Financiero Inbursa SAB de CV GFINBUR 09-Aug-19 Special Management 1 Authorize Banco Inbursa SA, Institucion de Banca For Against We are not supportive of this proposal as it lacks O Multiple, Grupo Financiero Inbursa to Issue Debt the disclosure necessary for shareholders to make Securities an informed decision. Grupo Financiero Inbursa SAB de CV GFINBUR 09-Aug-19 Special Management 2 Authorize Board to Ratify and Execute Approved For Against We are not supportive of this proposal as it lacks O Resolutions the disclosure necessary for shareholders to make an informed decision. ICICI Bank Limited 532174 09-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

ICICI Bank Limited 532174 09-Aug-19 Annual Management 2 Approve Dividend For For ICICI Bank Limited 532174 09-Aug-19 Annual Management 3 Reelect Anup Bagchi as Director For Against We do not support insiders on the board other than the CEO.

Prepared by: Public Markets Sept. 30, 2019 101 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. ICICI Bank Limited 532174 09-Aug-19 Annual Management 4 Approve Walker Chandiok & Co LLP, Chartered For For Accountants as Auditors and Authorize Board to Fix Their Remuneration ICICI Bank Limited 532174 09-Aug-19 Annual Management 5 Approve Branch Auditors and Authorize Board to Fix For For Their Remuneration ICICI Bank Limited 532174 09-Aug-19 Annual Management 6 Elect Hari L. Mundra as Director For For ICICI Bank Limited 532174 09-Aug-19 Annual Management 7 Elect Rama Bijapurkar as Director For For ICICI Bank Limited 532174 09-Aug-19 Annual Management 8 Elect B. Sriram as Director For For ICICI Bank Limited 532174 09-Aug-19 Annual Management 9 Elect Subramanian Madhavan as Director For For ICICI Bank Limited 532174 09-Aug-19 Annual Management 10 Approve Appointment and Remuneration of For For Sandeep Bakhshi as Managing Director & Chief Executive Officer ICICI Bank Limited 532174 09-Aug-19 Annual Management 11 Elect Sandeep Batra as Director For Against We do not support insiders on the board other than the CEO. ICICI Bank Limited 532174 09-Aug-19 Annual Management 12 Approve Appointment and Remuneration of For For Sandeep Batra as Wholetime Director (designated as Executive Director) ICICI Bank Limited 532174 09-Aug-19 Annual Management 13 Approve Revision in the Remuneration of N. S. For For Kannan as Executive Director ICICI Bank Limited 532174 09-Aug-19 Annual Management 14 Approve Revision in the Remuneration of Vishakha For For Mulye as Executive Director ICICI Bank Limited 532174 09-Aug-19 Annual Management 15 Approve Revision in the Remuneration of Vijay For For Chandok as Executive Director ICICI Bank Limited 532174 09-Aug-19 Annual Management 16 Approve Revision in the Remuneration of Anup For For Bagchi as Executive Director ICICI Bank Limited 532174 09-Aug-19 Annual Management 17 Amend Memorandum of Association For For ICICI Bank Limited 532174 09-Aug-19 Annual Management 18 Adopt New Articles of Association For For James Hardie Industries Plc JHX 09-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

James Hardie Industries Plc JHX 09-Aug-19 Annual Management 2 Approve the Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. James Hardie Industries Plc JHX 09-Aug-19 Annual Management 3a Elect Anne Lloyd as Director For For James Hardie Industries Plc JHX 09-Aug-19 Annual Management 3b Elect Rada Rodriguez as Director For For James Hardie Industries Plc JHX 09-Aug-19 Annual Management 3c Elect Jack Truong as Director For For James Hardie Industries Plc JHX 09-Aug-19 Annual Management 3d Elect David Harrison as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.

Prepared by: Public Markets Sept. 30, 2019 102 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. James Hardie Industries Plc JHX 09-Aug-19 Annual Management 4 Authorize Board to Fix Remuneration of Auditors For For James Hardie Industries Plc JHX 09-Aug-19 Annual Management 5 Approve the Increase in Non-Executive Directors' None For Fee Pool James Hardie Industries Plc JHX 09-Aug-19 Annual Management 6 Approve the Grant of Fiscal Year 2020 Return on For For Capital Employed Restricted Stock Units to Jack Truong James Hardie Industries Plc JHX 09-Aug-19 Annual Management 7 Approve the Grant of Fiscal Year 2020 Relative Total For For Shareholder Return Restricted Stock Units to Jack Truong James Hardie Industries Plc JHX 09-Aug-19 Annual Management 8 Approve Supplemental Grant of Fiscal Year 2019 For For Return on Capital Employed Restricted Stock Units and Relative Total Shareholder Return Restricted Stock Units to Jack Truong James Hardie Industries Plc JHX 09-Aug-19 Annual Management 9 Approve Renewal of Authority for Directors to Allot For For and Issue Shares Petroleo Brasileiro SA PETR4 09-Aug-19 Special Management 1 Elect Nivio Ziviani and Walter Mendes de Oliveira For Against We are voting against the slate as we believe it is Filho as Directors important to be able to vote on the qualifications of individual directors. Petroleo Brasileiro SA PETR4 09-Aug-19 Special Management 1 Elect Nivio Ziviani and Walter Mendes de Oliveira For Against We are voting against the slate as we believe it is Filho as Directors important to be able to vote on the qualifications of individual directors. Petroleo Brasileiro SA PETR4 09-Aug-19 Special Management 2 Waive Tender Offer and Approve Company's For For Delisting from Bolsas y Mercados Argentinos S.A. (BYMA) Petroleo Brasileiro SA PETR4 09-Aug-19 Special Management 2 Waive Tender Offer and Approve Company's For For Delisting from Bolsas y Mercados Argentinos S.A. (BYMA) Petroleo Brasileiro SA PETR4 09-Aug-19 Special Management 3 In the Event of a Second Call, the Voting None For Instructions Contained in this Remote Voting Card May Also be Considered for the Second Call? Shree Cement Limited 500387 09-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Shree Cement Limited 500387 09-Aug-19 Annual Management 2 Confirm Interim Dividend For For Shree Cement Limited 500387 09-Aug-19 Annual Management 3 Declare Final Dividend For For Shree Cement Limited 500387 09-Aug-19 Annual Management 4 Reelect Hari Mohan Bangur as Director For For Shree Cement Limited 500387 09-Aug-19 Annual Management 5 Approve Remuneration of Cost Auditors For For

Prepared by: Public Markets Sept. 30, 2019 103 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Shree Cement Limited 500387 09-Aug-19 Annual Management 6 Reelect Ratanlal Gaggar as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. We are voting against this director due to concerns over tenure. Shree Cement Limited 500387 09-Aug-19 Annual Management 7 Reelect Om Prakash Setia as Director For For Shree Cement Limited 500387 09-Aug-19 Annual Management 8 Reelect Yoginder Kumar Alagh as Director For For Shree Cement Limited 500387 09-Aug-19 Annual Management 9 Reelect Nitin Dayalji Desai as Director For For Shree Cement Limited 500387 09-Aug-19 Annual Management 10 Reelect Shreekant Somany as Director For Against We are voting against this director for missing more than 25 percent of scheduled meetings without a satisfactory reason. TSURUHA Holdings, Inc. 3391 09-Aug-19 Annual Management 1.1 Elect Director Tsuruha, Tatsuru For Against We are holding this executive accountable for the board not being one-third independent. TSURUHA Holdings, Inc. 3391 09-Aug-19 Annual Management 1.2 Elect Director Horikawa, Masashi For Against We are holding this executive accountable for the board not being one-third independent. TSURUHA Holdings, Inc. 3391 09-Aug-19 Annual Management 1.3 Elect Director Tsuruha, Jun For Against We are holding this executive accountable for the board not being one-third independent. TSURUHA Holdings, Inc. 3391 09-Aug-19 Annual Management 1.4 Elect Director Goto, Teruaki For Against We are holding this executive accountable for the board not being one-third independent. TSURUHA Holdings, Inc. 3391 09-Aug-19 Annual Management 1.5 Elect Director Abe, Mitsunobu For Against We are holding this executive accountable for the board not being one-third independent. TSURUHA Holdings, Inc. 3391 09-Aug-19 Annual Management 1.6 Elect Director Mitsuhashi, Shinya For Against We are holding this executive accountable for the board not being one-third independent. TSURUHA Holdings, Inc. 3391 09-Aug-19 Annual Management 1.7 Elect Director Ogawa, Hisaya For Against We are holding this executive accountable for the board not being one-third independent. TSURUHA Holdings, Inc. 3391 09-Aug-19 Annual Management 1.8 Elect Director Okada, Motoya For For TSURUHA Holdings, Inc. 3391 09-Aug-19 Annual Management 1.9 Elect Director Yamada, Eiji For For TSURUHA Holdings, Inc. 3391 09-Aug-19 Annual Management 1.10 Elect Director Murakami, Shoichi For Against We are holding this executive accountable for the board not being one-third independent. TSURUHA Holdings, Inc. 3391 09-Aug-19 Annual Management 1.11 Elect Director Atsumi, Fumiaki For Against We are holding this executive accountable for the board not being one-third independent. TSURUHA Holdings, Inc. 3391 09-Aug-19 Annual Management 1.12 Elect Director Fujii, Fumiyo For For TSURUHA Holdings, Inc. 3391 09-Aug-19 Annual Management 1.13 Elect Director Sato, Harumi For For TSURUHA Holdings, Inc. 3391 09-Aug-19 Annual Management 2 Appoint Alternate Statutory Auditor Yamazaki, For For Mikine EMS-Chemie Holding AG EMSN 10-Aug-19 Annual Management 1 Open Meeting None None EMS-Chemie Holding AG EMSN 10-Aug-19 Annual Management 2 Acknowledge Proper Convening of Meeting None None EMS-Chemie Holding AG EMSN 10-Aug-19 Annual Management 3.1 Accept Financial Statements and Statutory Reports For For

Prepared by: Public Markets Sept. 30, 2019 104 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. EMS-Chemie Holding AG EMSN 10-Aug-19 Annual Management 3.2.1 Approve Remuneration of Board of Directors in the For For Amount of CHF 835,884 EMS-Chemie Holding AG EMSN 10-Aug-19 Annual Management 3.2.2 Approve Remuneration of Executive Committee in For Against We are not supportive of this proposal as it lacks the Amount of CHF 3.1 Million the disclosure necessary for shareholders to make an informed decision. EMS-Chemie Holding AG EMSN 10-Aug-19 Annual Management 4 Approve Allocation of Income and Ordinary For For Dividends of CHF 15.50 per Share and Special Dividends of CHF 4.25 per Share EMS-Chemie Holding AG EMSN 10-Aug-19 Annual Management 5 Approve Discharge of Board and Senior For For Management EMS-Chemie Holding AG EMSN 10-Aug-19 Annual Management 6.1.1 Reelect Ulf Berg as Director, Board Chairman, and For For Member of the Compensation Committee EMS-Chemie Holding AG EMSN 10-Aug-19 Annual Management 6.1.2 Reelect Magdelena Martullo as Director For For EMS-Chemie Holding AG EMSN 10-Aug-19 Annual Management 6.1.3 Reelect Joachim Streu as Director For For EMS-Chemie Holding AG EMSN 10-Aug-19 Annual Management 6.1.4 Reelect Bernhard Merki as Director and Member of For Against Since the board's overall independence level does the Compensation Committee not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.

EMS-Chemie Holding AG EMSN 10-Aug-19 Annual Management 6.1.5 Reelect Christoph Maeder as Director and Member For Against Since the board's overall independence level does of the Compensation Committee not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.

EMS-Chemie Holding AG EMSN 10-Aug-19 Annual Management 6.2 Ratify Ernst & Young AG as Auditors For For EMS-Chemie Holding AG EMSN 10-Aug-19 Annual Management 6.3 Designate Robert Daeppen as Independent Proxy For For EMS-Chemie Holding AG EMSN 10-Aug-19 Annual Management 7 Transact Other Business (Voting) For Against We are voting against this proposal to conduct 'other business' at the shareholder meeting as it puts non-attending shareholders voting by proxy at a disadvantage. Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management 1 Approve Amended Compensation Policy for the For For ecial Directors and Officers of the Company Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management 2 Approve Amended Bonus Plan for CEO For For ecial Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management 3 Approve Amended Management Services For For ecial Agreement with Company Owned by Danna Azrieli Hakim, Active Chairwoman

Prepared by: Public Markets Sept. 30, 2019 105 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management 4.1 Elect Ehud Rassabi as External Director For For ecial Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management 4.2 Elect Joseph Shachak as External Director For For ecial Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management 5 Elect Dan Yitshak Gillerman as Director For For ecial Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management 6.1 Reelect Danna Azrieli Hakim as Director For For ecial Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management 6.2 Reelect Sharon Rachelle Azrieli as Director For For ecial Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management 6.3 Reelect Naomi Sara Azrieli as Director For For ecial Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management 6.4 Reelect Menachem Einan as Director For Against We are not supportive of non-independent ecial directors sitting on key board committees. Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management 6.5 Reelect Tzipora Carmon as Director For For ecial Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management 6.6 Reelect Oran Dror as Director For For ecial Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management 7 Reappoint Deloitte Brightman Almagor Zohar as For Against The auditor's tenure is not disclosed. ecial Auditors Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management 8 Discuss Financial Statements and the Report of the None None ecial Board for 2017 Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management A Vote FOR if you are a controlling shareholder or None Against ecial have a personal interest in one or several resolutions, as indicated in the proxy card; otherwise, vote AGAINST. You may not abstain. If you vote FOR, please provide an explanation to your account manager Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management B1 If you are an Interest Holder as defined in Section 1 None Against ecial of the Securities Law, 1968, vote FOR. Otherwise, vote against. Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management B2 If you are a Senior Officer as defined in Section None Against ecial 37(D) of the Securities Law, 1968, vote FOR. Otherwise, vote against.

Prepared by: Public Markets Sept. 30, 2019 106 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Azrieli Group Ltd. AZRG 11-Aug-19 Annual/Sp Management B3 If you are an Institutional Investor as defined in None For ecial 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. Otherwise, vote against. IRB Brasil Resseguros SA IRBR3 12-Aug-19 Special Management 1 Amend Articles For Against We are not supportive of the proposed bylaws amendments as they are not in shareholders' best interests. IRB Brasil Resseguros SA IRBR3 12-Aug-19 Special Management 2 Approve Change in Board Term For Against This proposal is not in shareholders' best interests.

IRB Brasil Resseguros SA IRBR3 12-Aug-19 Special Management 3 Elect Ivan de Souza Monteiro as Board Chairman For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are voting against the election of the Chair as we advocate for the appointment of an independent Chair. PARKEN Sport & Entertainment A/S PARKEN 12-Aug-19 Special Management 1 Elect Chairman of Meeting None None PARKEN Sport & Entertainment A/S PARKEN 12-Aug-19 Special Management 2a Elect William Vitved Kvist as Director For Abstain Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. PARKEN Sport & Entertainment A/S PARKEN 12-Aug-19 Special Management 2b Elect Hans Jacob Carstensen as Director For Abstain Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.

PARKEN Sport & Entertainment A/S PARKEN 12-Aug-19 Special Management 3 Other Business None None Reliance Industries Limited 500325 12-Aug-19 Annual Management 1.a Accept Financial Statements and Statutory Reports For For

Reliance Industries Limited 500325 12-Aug-19 Annual Management 1.b Accept Consolidated Financial Statements and For For Statutory Reports Reliance Industries Limited 500325 12-Aug-19 Annual Management 2 Approve Dividend For For Reliance Industries Limited 500325 12-Aug-19 Annual Management 3 Elect Pawan Kumar Kapil as Director For Against We do not support insiders on the board other than the CEO and Executive Chair.

Prepared by: Public Markets Sept. 30, 2019 107 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Reliance Industries Limited 500325 12-Aug-19 Annual Management 4 Elect Nita M. Ambani as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Reliance Industries Limited 500325 12-Aug-19 Annual Management 5 Approve Reappointment and Remuneration of For For P.M.S. Prasad as Whole-time Director, Designated as Executive Director Reliance Industries Limited 500325 12-Aug-19 Annual Management 6 Reelect Raminder Singh Gujral as Director For For Reliance Industries Limited 500325 12-Aug-19 Annual Management 7 Elect Arundhati Bhattacharya as Director For For Reliance Industries Limited 500325 12-Aug-19 Annual Management 8 Approve Remuneration of Cost Auditors For For SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 1 Approve Issuance of GDR and Listed on the London For For Stock Exchange as well as Conversion of Company to Foreign Fund-Raising Company SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 2.1 Approve Issue Type For For SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 2.2 Approve Issue Time For For SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 2.3 Approve Issue Manner For For SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 2.4 Approve Issue Scale For For SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 2.5 Approve the Scale of GDR During the Duration For For SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 2.6 Approve Conversion Rate of GDR and Underlying For For Securities A Shares SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 2.7 Approve Pricing Method For For SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 2.8 Approve Target Subscribers For For SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 2.9 Approve Conversion Limit Period of GDR and For For Underlying Securities A Shares SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 2.10 Approve Underwriting Manner For For SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 3 Approve Proposal that there is No Need to Prepare For For a Report on Previous Usage of Raised Funds

SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 4 Approve Use of Proceeds For For SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 5 Approve Resolution Validity Period For For SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 6 Approve Authorization of the Board to Handle All For For Related Matters SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 7 Approve Distribution of Cumulative Earnings For For SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 8 Approve Purchase of Liability Insurance for For For Directors, Supervisors and Senior Management Members SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 9 Approve Amendments to Articles of Association For For SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 10 Amend Rules and Procedures Regarding General For For Meetings of Shareholders

Prepared by: Public Markets Sept. 30, 2019 108 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 11 Amend Rules and Procedures Regarding Meetings For For of Board of Directors SDIC Power Holdings Co., Ltd. 600886 12-Aug-19 Special Management 12 Amend Rules and Procedures Regarding Meetings For For of Board of Supervisors Bharat Forge Limited 500493 13-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Bharat Forge Limited 500493 13-Aug-19 Annual Management 2 Confirm Interim Dividend and Declare Final For For Dividend Bharat Forge Limited 500493 13-Aug-19 Annual Management 3 Reelect B. P. Kalyani as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Bharat Forge Limited 500493 13-Aug-19 Annual Management 4 Reelect Kishore Saletore as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Bharat Forge Limited 500493 13-Aug-19 Annual Management 5 Approve Reappointment and Remuneration of Amit For Against We do not support insiders on the board other than Kalyani as Whole Time Director, Designated as the CEO and Executive Chair.This director is Deputy Managing Director overboarded. Bharat Forge Limited 500493 13-Aug-19 Annual Management 6 Reelect S. M. Thakore as Director For Against We are voting against this director due to concerns over tenure. Bharat Forge Limited 500493 13-Aug-19 Annual Management 7 Reelect P. G. Pawar as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are holding the Chair of the Nomination Committee accountable for not having addressed the CEO's overboarding. Bharat Forge Limited 500493 13-Aug-19 Annual Management 8 Reelect Lalita D. Gupte as Director For For Bharat Forge Limited 500493 13-Aug-19 Annual Management 9 Reelect P. H. Ravikumar as Director For For Bharat Forge Limited 500493 13-Aug-19 Annual Management 10 Reelect Vimal Bhandari as Director For For Bharat Forge Limited 500493 13-Aug-19 Annual Management 11 Elect Dipak Mane as Director For For Bharat Forge Limited 500493 13-Aug-19 Annual Management 12 Elect Murali Sivaraman as Director For For Bharat Forge Limited 500493 13-Aug-19 Annual Management 13 Approve Remuneration of Cost Auditors For For Bharat Forge Limited 500493 13-Aug-19 Annual Management 14 Approve Payment of Commission to Non Whole For For Time Directors Bharat Forge Limited 500493 13-Aug-19 Annual Management 15 Approval Related Party Transactions For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. Guangzhou KDT Machinery Co., Ltd. 002833 13-Aug-19 Special Management 1 Approve Merger by Absorption For For Monro, Inc. MNRO 13-Aug-19 Annual Management 1.1 Elect Director Frederick M. Danziger For Withhold We are voting against this director due to concerns over tenure. Monro, Inc. MNRO 13-Aug-19 Annual Management 1.2 Elect Director Stephen C. McCluski For For

Prepared by: Public Markets Sept. 30, 2019 109 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Monro, Inc. MNRO 13-Aug-19 Annual Management 1.3 Elect Director Robert E. Mellor For Withhold We are holding the Chair of the Nomination Committee accountable for inadequate gender diversity on the board. Monro, Inc. MNRO 13-Aug-19 Annual Management 1.4 Elect Director Peter J. Solomon For Withhold We are voting against this director due to concerns over tenure. Monro, Inc. MNRO 13-Aug-19 Annual Management 2 Advisory Vote to Ratify Named Executive Officers' For For Compensation Monro, Inc. MNRO 13-Aug-19 Annual Management 3 Ratify PricewaterhouseCoopers LLP as Auditors For Against The auditor's tenure exceeds our guidelines. Bharti Airtel Limited 532454 14-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Bharti Airtel Limited 532454 14-Aug-19 Annual Management 2 Reelect Chua Sock Koong as Director For Against We are not supportive of non-independent directors sitting on key board committees. Bharti Airtel Limited 532454 14-Aug-19 Annual Management 3 Reelect Vegulaparanan Kasi Viswanathan as For Against This director is overboarded. Director Bharti Airtel Limited 532454 14-Aug-19 Annual Management 4 Reelect Dinesh Kumar Mittal as Director For Against This director is overboarded.We are voting against this director for missing more than 25 percent of scheduled meetings without a satisfactory reason.We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.

Bharti Airtel Limited 532454 14-Aug-19 Annual Management 5 Elect Kimsuka Narasimhan as Director For For Bharti Airtel Limited 532454 14-Aug-19 Annual Management 6 Approve Waiver of Excess Remuneration Paid to For Against The director remuneration plan does not meet our Sunil Bharti Mittal as Chairman for Financial Year guidelines. Ended March 31, 2019 Bharti Airtel Limited 532454 14-Aug-19 Annual Management 7 Approve Waiver of Excess Remuneration Paid to For Against The director remuneration plan does not meet our Gopal Vittal as Managing Director & CEO (India and guidelines. South Asia) for Financial year Ended March 31, 2019

Bharti Airtel Limited 532454 14-Aug-19 Annual Management 8 Approve Payment of Remuneration to Sunil Bharti For Against The director remuneration plan does not meet our Mittal as Chairman for Period April 1, 2019 to guidelines. September 30, 2021 Bharti Airtel Limited 532454 14-Aug-19 Annual Management 9 Approve Payment of Remuneration to Paid to Gopal For Against The director remuneration plan does not meet our Vittal as Managing Director & CEO (India and South guidelines. Asia) for Period April 1, 2019 to September 30, 2021

Bharti Airtel Limited 532454 14-Aug-19 Annual Management 10 Approve Remuneration of Cost Auditors For For CAE Inc. CAE 14-Aug-19 Annual Management 1.1 Elect Director Margaret S. (Peg) Billson For For CAE Inc. CAE 14-Aug-19 Annual Management 1.2 Elect Director Michael M. Fortier For For

Prepared by: Public Markets Sept. 30, 2019 110 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. CAE Inc. CAE 14-Aug-19 Annual Management 1.3 Elect Director Marianne Harrison For For CAE Inc. CAE 14-Aug-19 Annual Management 1.4 Elect Director Alan N. MacGibbon For For CAE Inc. CAE 14-Aug-19 Annual Management 1.5 Elect Director John P. Manley For For CAE Inc. CAE 14-Aug-19 Annual Management 1.6 Elect Director Francois Olivier For For CAE Inc. CAE 14-Aug-19 Annual Management 1.7 Elect Director Marc Parent For For CAE Inc. CAE 14-Aug-19 Annual Management 1.8 Elect Director Michael E. Roach For For CAE Inc. CAE 14-Aug-19 Annual Management 1.9 Elect Director Norton A. Schwartz For For CAE Inc. CAE 14-Aug-19 Annual Management 1.10 Elect Director Andrew J. Stevens For For CAE Inc. CAE 14-Aug-19 Annual Management 2 Approve PricewaterhouseCoopers LLP as Auditors For Withhold The auditor's tenure exceeds our guidelines. and Authorize Board to Fix Their Remuneration CAE Inc. CAE 14-Aug-19 Annual Management 3 Advisory Vote on Executive Compensation For For Approach GoerTek Inc. 002241 14-Aug-19 Special Management 1 Approve to Appoint Auditor For For Motherson Sumi Systems Limited 517334 14-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Motherson Sumi Systems Limited 517334 14-Aug-19 Annual Management 2 Approve Dividend For For Motherson Sumi Systems Limited 517334 14-Aug-19 Annual Management 3 Reelect Pankaj Mital as Director For For Motherson Sumi Systems Limited 517334 14-Aug-19 Annual Management 4 Reelect Sushil Chandra Tripathi as Director For For Motherson Sumi Systems Limited 517334 14-Aug-19 Annual Management 5 Reelect Arjun Puri as Director For For Motherson Sumi Systems Limited 517334 14-Aug-19 Annual Management 6 Reelect Gautam Mukherjee as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Motherson Sumi Systems Limited 517334 14-Aug-19 Annual Management 7 Reelect Geeta Mathur as Director For Against This director is overboarded. Motherson Sumi Systems Limited 517334 14-Aug-19 Annual Management 8 Approve Remuneration of Cost Auditors For For Motherson Sumi Systems Limited 517334 14-Aug-19 Annual Management 9 Elect Takeshi Fujimi as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. The J. M. Smucker Company SJM 14-Aug-19 Annual Management 1 Elect Director Kathryn W. Dindo For For The J. M. Smucker Company SJM 14-Aug-19 Annual Management 1b Elect Director Paul J. Dolan For For The J. M. Smucker Company SJM 14-Aug-19 Annual Management 1c Elect Director Jay L. Henderson For For The J. M. Smucker Company SJM 14-Aug-19 Annual Management 1d Elect Director Gary A. Oatey For For The J. M. Smucker Company SJM 14-Aug-19 Annual Management 1e Elect Director Kirk L. Perry For For The J. M. Smucker Company SJM 14-Aug-19 Annual Management 1f Elect Director Sandra Pianalto For For The J. M. Smucker Company SJM 14-Aug-19 Annual Management 1g Elect Director Nancy Lopez Russell For For The J. M. Smucker Company SJM 14-Aug-19 Annual Management 1h Elect Director Alex Shumate For For The J. M. Smucker Company SJM 14-Aug-19 Annual Management 1i Elect Director Mark T. Smucker For For The J. M. Smucker Company SJM 14-Aug-19 Annual Management 1j Elect Director Richard K. Smucker For For

Prepared by: Public Markets Sept. 30, 2019 111 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. The J. M. Smucker Company SJM 14-Aug-19 Annual Management 1k Elect Director Timothy P. Smucker For Against We are voting against this director due to concerns over tenure. The J. M. Smucker Company SJM 14-Aug-19 Annual Management 1l Elect Director Dawn C. Willoughby For For The J. M. Smucker Company SJM 14-Aug-19 Annual Management 2 Ratify Ernst & Young LLP as Auditors For Against The auditor's tenure exceeds our guidelines. We are voting against the appointment of the audit firm as the non-audit fees exceed our guidelines. The J. M. Smucker Company SJM 14-Aug-19 Annual Management 3 Advisory Vote to Ratify Named Executive Officers' For For Compensation ATS Automation Tooling Systems, Inc. ATA 15-Aug-19 Annual Management 1.1 Elect Director Neil D. Arnold For For ATS Automation Tooling Systems, Inc. ATA 15-Aug-19 Annual Management 1.2 Elect Director Joanne S. Ferstman For For ATS Automation Tooling Systems, Inc. ATA 15-Aug-19 Annual Management 1.3 Elect Director Andrew P. Hider For For ATS Automation Tooling Systems, Inc. ATA 15-Aug-19 Annual Management 1.4 Elect Director Kirsten Lange For For ATS Automation Tooling Systems, Inc. ATA 15-Aug-19 Annual Management 1.5 Elect Director Michael E. Martino For Withhold Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees. In addition, we are holding certain directors accountable for ratifying what we believe to be problematic compensation issues. ATS Automation Tooling Systems, Inc. ATA 15-Aug-19 Annual Management 1.6 Elect Director David L. McAusland For Withhold We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. We are holding the Chair of the Governance Committee accountable for not providing an annual advisory vote on executive compensation. ATS Automation Tooling Systems, Inc. ATA 15-Aug-19 Annual Management 1.7 Elect Director Philip B. Whitehead For Withhold Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. ATS Automation Tooling Systems, Inc. ATA 15-Aug-19 Annual Management 2 Approve Ernst & Young LLP as Auditors and For For Authorize Board to Fix Their Remuneration AVIC Jonhon Optronic Technology Co., Ltd. 002179 15-Aug-19 Special Management 1 Amend Share Repurchase Plan For For AVIC Jonhon Optronic Technology Co., Ltd. 002179 15-Aug-19 Special Management 2 Approve Authorization of Board to Handle All For For Related Matters Regarding Share Repurchase AVIC Jonhon Optronic Technology Co., Ltd. 002179 15-Aug-19 Special Management 3 Approve Guarantee For For Canada Goose Holdings Inc. GOOS 15-Aug-19 Annual Management 1.1 Elect Director Dani Reiss For Withhold We are not supportive of non-independent directors sitting on key board committees.

Prepared by: Public Markets Sept. 30, 2019 112 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Canada Goose Holdings Inc. GOOS 15-Aug-19 Annual Management 1.2 Elect Director Ryan Cotton For Withhold We do not support insiders on the board other than the CEO and Executive Chair. We are not supportive of non-independent directors sitting on key board committees. We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. We are holding the Chair of the Governance Committee accountable for not providing an annual advisory vote on executive compensation. Canada Goose Holdings Inc. GOOS 15-Aug-19 Annual Management 1.3 Elect Director Joshua Bekenstein For Withhold We do not support insiders on the board other than the CEO and Executive Chair. We are not supportive of non-independent directors sitting on key board committees. We are voting against this director for missing more than 25 percent of scheduled meetings without disclosing a satisfactory reason. We are holding certain directors accountable for ratifying what we believe to be problematic compensation issues. Canada Goose Holdings Inc. GOOS 15-Aug-19 Annual Management 1.4 Elect Director Stephen Gunn For For Canada Goose Holdings Inc. GOOS 15-Aug-19 Annual Management 1.5 Elect Director Jean-Marc Huet For For Canada Goose Holdings Inc. GOOS 15-Aug-19 Annual Management 1.6 Elect Director John Davison For For Canada Goose Holdings Inc. GOOS 15-Aug-19 Annual Management 1.7 Elect Director Maureen Chiquet For For Canada Goose Holdings Inc. GOOS 15-Aug-19 Annual Management 1.8 Elect Director Jodi Butts For For Canada Goose Holdings Inc. GOOS 15-Aug-19 Annual Management 2 Approve Deloitte LLP as Auditors and Authorize For Withhold We are voting against the appointment of the audit Board to Fix Their Remuneration firm as the non-audit fees exceed our guidelines.

DXC Technology Company DXC 15-Aug-19 Annual Management 1 Elect Director Mukesh Aghi For For DXC Technology Company DXC 15-Aug-19 Annual Management 1b Elect Director Amy E. Alving For For DXC Technology Company DXC 15-Aug-19 Annual Management 1c Elect Director David L. Herzog For For DXC Technology Company DXC 15-Aug-19 Annual Management 1d Elect Director Sachin Lawande For For DXC Technology Company DXC 15-Aug-19 Annual Management 1e Elect Director J. Michael Lawrie For For DXC Technology Company DXC 15-Aug-19 Annual Management 1f Elect Director Mary L. Krakauer For For DXC Technology Company DXC 15-Aug-19 Annual Management 1g Elect Director Julio A. Portalatin For For DXC Technology Company DXC 15-Aug-19 Annual Management 1h Elect Director Peter Rutland For For DXC Technology Company DXC 15-Aug-19 Annual Management 1i Elect Director Michael J. Salvino For For DXC Technology Company DXC 15-Aug-19 Annual Management 1j Elect Director Manoj P. Singh For Against We are holding the Chair of the Nomination Committee accountable for inadequate gender diversity on the board.

Prepared by: Public Markets Sept. 30, 2019 113 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. DXC Technology Company DXC 15-Aug-19 Annual Management 1k Elect Director Robert F. Woods For For DXC Technology Company DXC 15-Aug-19 Annual Management 2 Ratify Deloitte & Touche LLP as Auditors For Against The auditor's tenure exceeds our guidelines. DXC Technology Company DXC 15-Aug-19 Annual Management 3 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance and there are features that are not in line with best practice. Transportadora de Gas del Sur SA TGSU2 15-Aug-19 Special Management 1 Designate Two Shareholders to Sign Minutes of For For Meeting Transportadora de Gas del Sur SA TGSU2 15-Aug-19 Special Management 2 Consider Increase of Amount from USD 700 Million For For to USD 1.2 Billion of Global Program for Issuance of Negotiable Non-Convertible Bonds Transportadora de Gas del Sur SA TGSU2 15-Aug-19 Special Management 3 Authorize Board to Set Terms and Conditions of For For Global Program, to Approve and Subscribe Agreements, to Formalize Documentation Before Argentine Securities Commission (CNV) and or Stock Exchanges and to Sub-delegate to Board Members or Others Wen's Foodstuffs Group Co., Ltd. 300498 15-Aug-19 Special Management 1 Approve Change of Auditor For Against We are voting against the appointment of the audit firm as audit fees are not disclosed. Wen's Foodstuffs Group Co., Ltd. 300498 15-Aug-19 Special Management 2 Approve Adjustment on Assessment Standard for For Against The performance share incentive plan does not Performance Share Incentive Plan meet our guidelines. Wen's Foodstuffs Group Co., Ltd. 300498 15-Aug-19 Special Management 3 Elect Yin Yulong as Independent Director For For Xero Limited XRO 15-Aug-19 Annual Management 1 Authorize Board to Fix Remuneration of the For Against We are voting against the appointment of the audit Auditors firm as the non-audit fees exceed our guidelines.

Xero Limited XRO 15-Aug-19 Annual Management 2 Elect Susan Peterson as Director For For Xero Limited XRO 15-Aug-19 Annual Management 3 Elect David Thodey as Director For For Xero Limited XRO 15-Aug-19 Annual Management 4 Approve the Increase in Maximum Aggregate None For Remuneration of Non-Executive Directors Xero Limited XRO 15-Aug-19 Annual Management 5 Approve Issuance of Shares to Lee Hatton For For Cipla Ltd. 500087 16-Aug-19 Annual Management 1 Accept Standalone Financial Statements and For For Statutory Reports Cipla Ltd. 500087 16-Aug-19 Annual Management 2 Accept Consolidated Financial Statements and For For Statutory Reports Cipla Ltd. 500087 16-Aug-19 Annual Management 3 Approve Final Dividend For For Cipla Ltd. 500087 16-Aug-19 Annual Management 4 Reelect Umang Vohra as Director For For Cipla Ltd. 500087 16-Aug-19 Annual Management 5 Reelect Ashok Sinha as Director For For Cipla Ltd. 500087 16-Aug-19 Annual Management 6 Reelect Peter Mugyenyi as Director For For

Prepared by: Public Markets Sept. 30, 2019 114 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Cipla Ltd. 500087 16-Aug-19 Annual Management 7 Reelect Adil Zainulbhai as Director For For Cipla Ltd. 500087 16-Aug-19 Annual Management 8 Reelect Punita Lal as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Cipla Ltd. 500087 16-Aug-19 Annual Management 9 Approve Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights Cipla Ltd. 500087 16-Aug-19 Annual Management 10 Approve Remuneration of Cost Auditors For For IndusInd Bank Limited 532187 16-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

IndusInd Bank Limited 532187 16-Aug-19 Annual Management 2 Approve Dividend For For IndusInd Bank Limited 532187 16-Aug-19 Annual Management 3 Reelect Romesh Sobti as Director For For IndusInd Bank Limited 532187 16-Aug-19 Annual Management 4 Approve Haribhakti & Co. LLP as Auditors and For For Authorize Board to Fix Their Remuneration IndusInd Bank Limited 532187 16-Aug-19 Annual Management 5 Elect Akila Krishnakumar as Director For For IndusInd Bank Limited 532187 16-Aug-19 Annual Management 6 Elect Arun Tiwari as Director For For IndusInd Bank Limited 532187 16-Aug-19 Annual Management 7 Elect Siraj Chaudhry as Director For For IndusInd Bank Limited 532187 16-Aug-19 Annual Management 8 Elect Rajiv Agarwal as Director For For IndusInd Bank Limited 532187 16-Aug-19 Annual Management 9 Approve Issuance of Long Term Bond / Non- For For Convertible Debentures on Private Placement Basis

SDIC Power Holdings Co., Ltd. 600886 16-Aug-19 Special Management 1 Approve Issuance of Super Short-term Commercial For Against We are not supportive of this proposal as it lacks Papers the disclosure necessary for shareholders to make an informed decision. SDIC Power Holdings Co., Ltd. 600886 16-Aug-19 Special Management 2 Approve Authorization of Board to Handle All For Against We are not supportive of this proposal as it lacks Matters Related to Issuance of Super Short-term the disclosure necessary for shareholders to make Commercial Papers an informed decision. China Telecom Corporation Limited 728 19-Aug-19 Special Management 1 Elect Liu Guiqing as Director, Authorize Board to For Against We do not support insiders on the board other than Execute a Service Contract with Him and Authorize the CEO and Chair. Board to Fix Director's Remuneration China Telecom Corporation Limited 728 19-Aug-19 Special Management 2 Elect Wang Guoquan as Director, Authorize Board For Against We do not support insiders on the board other than to Execute a Service Contract with Him and the CEO and Chair. Authorize Board to Fix Director's Remuneration China Telecom Corporation Limited 728 19-Aug-19 Special Management 3 Approve Amendments to Articles of Association For For Avenue Supermarts Limited 540376 20-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Prepared by: Public Markets Sept. 30, 2019 115 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Avenue Supermarts Limited 540376 20-Aug-19 Annual Management 2 Reelect Manjri Chandak as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.

Avenue Supermarts Limited 540376 20-Aug-19 Annual Management 3 Approve Borrowing by Issuance of Secured, Rated, For For Cumulative, Redeemable, Non-convertible Debentures on Private Placement Basis Avenue Supermarts Limited 540376 20-Aug-19 Annual Management 4 Approve Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights Avenue Supermarts Limited 540376 20-Aug-19 Annual Management 5 Approve Avenue Supermarts Limited Employee For Against The stock option plan does not meet our guidelines. Stock Option Scheme 2016 Avenue Supermarts Limited 540376 20-Aug-19 Annual Management 6 Approve Grant of Options Under Avenue For Against The stock option plan does not meet our guidelines. Supermarts Limited Employee Stock Options Scheme 2016 to Employees of the Subsidiary Companies Flex Ltd. FLEX 20-Aug-19 Special Management S1 Declassify the Board of Directors For For Flex Ltd. FLEX 20-Aug-19 Special Management S2 Approve Increase in Size of Board For For Flex Ltd. FLEX 20-Aug-19 Annual Management 1a Elect Director Revathi Advaithi For For Flex Ltd. FLEX 20-Aug-19 Special Management S3 Amend Constitution to Account for Changes in For For Singapore Law Flex Ltd. FLEX 20-Aug-19 Annual Management 1b Elect Director Michael D. Capellas For For Flex Ltd. FLEX 20-Aug-19 Annual Management 1c Elect Director Jill A. Greenthal For For Flex Ltd. FLEX 20-Aug-19 Annual Management 1d Elect Director Jennifer Li For Against We are voting against this director for missing more than 25 percent of scheduled meetings without disclosing a satisfactory reason. Flex Ltd. FLEX 20-Aug-19 Annual Management 1e Elect Director Marc A. Onetto For For Flex Ltd. FLEX 20-Aug-19 Annual Management 1f Elect Director Willy C. Shih For For Flex Ltd. FLEX 20-Aug-19 Annual Management 1g Elect Director Charles K. Stevens, III For For Flex Ltd. FLEX 20-Aug-19 Annual Management 1h Elect Director Lay Koon Tan For For Flex Ltd. FLEX 20-Aug-19 Annual Management 1i Elect Director William D. Watkins For Against We are voting against this director, as a member of the Nominating and Governance Committee, for approval what we believe is a problematic director compensation practice. Flex Ltd. FLEX 20-Aug-19 Annual Management 1j Elect Director Lawrence A. Zimmerman For For

Prepared by: Public Markets Sept. 30, 2019 116 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Flex Ltd. FLEX 20-Aug-19 Annual Management 2a Elect Director Willy C. Shih For For Flex Ltd. FLEX 20-Aug-19 Annual Management 2b Elect Director William D. Watkins For For Flex Ltd. FLEX 20-Aug-19 Annual Management 2c Elect Director Revathi Advaithi For For Flex Ltd. FLEX 20-Aug-19 Annual Management 2d Elect Director Jill A. Greenthal For For Flex Ltd. FLEX 20-Aug-19 Annual Management 2e Elect Director Charles K. Stevens, III For For Flex Ltd. FLEX 20-Aug-19 Annual Management 3 Approve Deloitte & Touche LLP as Auditors and For For Authorize Board to Fix Their Remuneration Flex Ltd. FLEX 20-Aug-19 Annual Management 4 Approve Issuance of Shares without Preemptive For For Rights Flex Ltd. FLEX 20-Aug-19 Annual Management 5 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance, lacks disclosure, and contains features that are not in line with best practice. Flex Ltd. FLEX 20-Aug-19 Annual Management 6 Authorize Share Repurchase Program For For GAIL (India) Limited 532155 20-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

GAIL (India) Limited 532155 20-Aug-19 Annual Management 2 Declare Final Dividend and Confirm Interim For For Dividend GAIL (India) Limited 532155 20-Aug-19 Annual Management 3 Reelect P. K. Gupta as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. GAIL (India) Limited 532155 20-Aug-19 Annual Management 4 Reelect Gajendra Singh as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. We are not supportive of non-independent directors sitting on key board committees. GAIL (India) Limited 532155 20-Aug-19 Annual Management 5 Authorize Board to Fix Remuneration of Joint For Against The auditor's tenure is not disclosed.We are voting Statutory Auditors against the appointment of the audit firm as audit fees are not disclosed. GAIL (India) Limited 532155 20-Aug-19 Annual Management 6 Elect A. K. Tiwari as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. GAIL (India) Limited 532155 20-Aug-19 Annual Management 7 Approve Remuneration of Cost Auditors For For GAIL (India) Limited 532155 20-Aug-19 Annual Management 8 Approve Material Related Party Transactions with For For Petronet LNG Limited GAIL (India) Limited 532155 20-Aug-19 Annual Management 9 Amend Articles of Association For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. GAIL (India) Limited 532155 20-Aug-19 Annual Management 10 Reelect Anupam Kulshreshtha as Director For For GAIL (India) Limited 532155 20-Aug-19 Annual Management 11 Reelect Sanjay Tandon as Director For For

Prepared by: Public Markets Sept. 30, 2019 117 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. GAIL (India) Limited 532155 20-Aug-19 Annual Management 12 Reelect S. K. Srivastava as Director For For Hongfa Technology Co., Ltd. 600885 20-Aug-19 Special Management 1 Approve Issuance of Super-short-term Commercial For For Papers Hongfa Technology Co., Ltd. 600885 20-Aug-19 Special Management 2 Approve Issuance of Medium-term Notes For For Microchip Technology Incorporated MCHP 20-Aug-19 Annual Management 1.1 Elect Director Steve Sanghi For For Microchip Technology Incorporated MCHP 20-Aug-19 Annual Management 1.2 Elect Director Matthew W. Chapman For For Microchip Technology Incorporated MCHP 20-Aug-19 Annual Management 1.3 Elect Director L.B. Day For Against We are holding the Chair of the Nomination Committee accountable for not appointing an Independent Lead Director to counterbalance a non- independent Chair, for inadequate gender diversity on the board, and for not having addressed the CEO's overboarding. We are also voting against this director due to concerns over tenure.

Microchip Technology Incorporated MCHP 20-Aug-19 Annual Management 1.4 Elect Director Esther L. Johnson For For Microchip Technology Incorporated MCHP 20-Aug-19 Annual Management 1.5 Elect Director Wade F. Meyercord For For Microchip Technology Incorporated MCHP 20-Aug-19 Annual Management 2 Amend Omnibus Stock Plan For Against The omnibus stock plan does not meet our guidelines. Microchip Technology Incorporated MCHP 20-Aug-19 Annual Management 3 Ratify Ernst & Young LLP as Auditors For For Microchip Technology Incorporated MCHP 20-Aug-19 Annual Management 4 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance, as it lacks disclosure and risk mitigation features, and as there are features that are not in line with best practice. Microchip Technology Incorporated MCHP 20-Aug-19 Annual Shareholder 5 Report on Human Rights Risks in Operations and Against For We are supporting this shareholder proposal calling Supply Chain for additional disclosure related to the company's exposure to human rights risk. Mizrahi Tefahot Bank Ltd. MZTF 20-Aug-19 Special Management 1 Elect Yosef Fellus External Director For For Mizrahi Tefahot Bank Ltd. MZTF 20-Aug-19 Special Management A Vote FOR if you are a controlling shareholder or None Against have a personal interest in one or several resolutions, as indicated in the proxy card; otherwise, vote AGAINST. You may not abstain. If you vote FOR, please provide an explanation to your account manager Mizrahi Tefahot Bank Ltd. MZTF 20-Aug-19 Special Management B4 If you do not fall under any of the categories None Against mentioned under items B1 through B3, vote FOR. Otherwise, vote against.

Prepared by: Public Markets Sept. 30, 2019 118 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Mizrahi Tefahot Bank Ltd. MZTF 20-Aug-19 Special Management B1 If you are an Interest Holder as defined in Section 1 None Against of the Securities Law, 1968, vote FOR. Otherwise, vote against. Mizrahi Tefahot Bank Ltd. MZTF 20-Aug-19 Special Management B2 If you are a Senior Officer as defined in Section None Against 37(D) of the Securities Law, 1968, vote FOR. Otherwise, vote against. Mizrahi Tefahot Bank Ltd. MZTF 20-Aug-19 Special Management B3 If you are an Institutional Investor as defined in None For 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. Otherwise, vote against. Oracle Corp Japan 4716 20-Aug-19 Annual Management 1.1 Elect Director Frank Obermeier For Against We are holding this executive accountable for the board not being one-third independent. Oracle Corp Japan 4716 20-Aug-19 Annual Management 1.2 Elect Director Minato, Koji For Against We are holding this executive accountable for the board not being one-third independent. Oracle Corp Japan 4716 20-Aug-19 Annual Management 1.3 Elect Director Krishna Sivaraman For Against We are holding this executive accountable for the board not being one-third independent. Oracle Corp Japan 4716 20-Aug-19 Annual Management 1.4 Elect Director Edward Paterson For Against We are holding this executive accountable for the board not being one-third independent. Oracle Corp Japan 4716 20-Aug-19 Annual Management 1.5 Elect Director Kimberly Woolley For Against We are holding this executive accountable for the board not being one-third independent. Oracle Corp Japan 4716 20-Aug-19 Annual Management 1.6 Elect Director Fujimori, Yoshiaki For For Oracle Corp Japan 4716 20-Aug-19 Annual Management 1.7 Elect Director John L. Hall For For Oracle Corp Japan 4716 20-Aug-19 Annual Management 1.8 Elect Director Natsuno, Takeshi For For Want Want China Holdings Limited 151 20-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Want Want China Holdings Limited 151 20-Aug-19 Annual Management 2a Approve Final Dividend For For Want Want China Holdings Limited 151 20-Aug-19 Annual Management 2b Approve Special Dividend For For Want Want China Holdings Limited 151 20-Aug-19 Annual Management 3a1 Elect Tsai Shao-Chung as Director For Against We do not support insiders on the board other than the CEO and Executive Chair.We are not supportive of non-independent directors sitting on key board committees.We are holding certain directors accountable for ratifying what we believe to be problematic compensation issues. Want Want China Holdings Limited 151 20-Aug-19 Annual Management 3a2 Elect Huang Yung-Sung as Director For Against We do not support insiders on the board other than the CEO and Executive Chair.We are voting against this director due to concerns over tenure.

Prepared by: Public Markets Sept. 30, 2019 119 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Want Want China Holdings Limited 151 20-Aug-19 Annual Management 3a3 Elect Chu Chi-Wen as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Want Want China Holdings Limited 151 20-Aug-19 Annual Management 3a4 Elect Tsai Ming-Hui as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Want Want China Holdings Limited 151 20-Aug-19 Annual Management 3a5 Elect Lai Hong Yee as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Want Want China Holdings Limited 151 20-Aug-19 Annual Management 3a6 Elect Cheng Wen-Hsien as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Want Want China Holdings Limited 151 20-Aug-19 Annual Management 3a7 Elect Pei Kerwei as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are holding certain directors accountable for ratifying what we believe to be problematic compensation issues. Want Want China Holdings Limited 151 20-Aug-19 Annual Management 3b Authorize Board to Fix Remuneration of Directors For For Want Want China Holdings Limited 151 20-Aug-19 Annual Management 4 Approve PricewaterhouseCoopers as Auditor and For Against The auditor's tenure is not disclosed. Authorize Board to Fix Their Remuneration Want Want China Holdings Limited 151 20-Aug-19 Annual Management 5 Authorize Repurchase of Issued Share Capital For For Want Want China Holdings Limited 151 20-Aug-19 Annual Management 6 Approve Issuance of Equity or Equity-Linked For Against We do not support this general purpose share Securities without Preemptive Rights issuance due to dilution and as it lacks pre-emptive rights. Want Want China Holdings Limited 151 20-Aug-19 Annual Management 7 Authorize Reissuance of Repurchased Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Axis Bank 532215 21-Aug-19 Special Management 1 Approve Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights China Gas Holdings Limited 384 21-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

China Gas Holdings Limited 384 21-Aug-19 Annual Management 2 Approve Final Dividend For For China Gas Holdings Limited 384 21-Aug-19 Annual Management 3a1 Elect Ma Jinlong as Director For Against We do not support insiders on the board other than the CEO.We are not supportive of non-independent directors sitting on key board committees.

China Gas Holdings Limited 384 21-Aug-19 Annual Management 3a2 Elect Li Ching as Director For Against We do not support insiders on the board other than the CEO.

Prepared by: Public Markets Sept. 30, 2019 120 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. China Gas Holdings Limited 384 21-Aug-19 Annual Management 3a3 Elect Jiang Xinhao as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. China Gas Holdings Limited 384 21-Aug-19 Annual Management 3a4 Elect Mao Erwan as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. China Gas Holdings Limited 384 21-Aug-19 Annual Management 3b Authorize Board to Fix Remuneration of Directors For For China Gas Holdings Limited 384 21-Aug-19 Annual Management 4 Approve Deloitte Touche Tohmatsu as Auditors and For Against The auditor's tenure is not disclosed. Authorize Board to Fix Their Remuneration China Gas Holdings Limited 384 21-Aug-19 Annual Management 5 Authorize Repurchase of Issued Share Capital For For China Gas Holdings Limited 384 21-Aug-19 Annual Management 6 Approve Issuance of Equity or Equity-Linked For Against We do not support this general purpose share Securities without Preemptive Rights issuance due to dilution and as it lacks pre-emptive rights. China Gas Holdings Limited 384 21-Aug-19 Annual Management 7 Authorize Reissuance of Repurchased Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. China Gas Holdings Limited 384 21-Aug-19 Annual Management 8 Approve Refreshment of Scheme Mandate Limit For Against The stock option plan does not meet our guidelines. Under the Share Option Scheme Coal India Limited 533278 21-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Coal India Limited 533278 21-Aug-19 Annual Management 2 Approve First and Second Interim Dividend as Final For For Dividend Coal India Limited 533278 21-Aug-19 Annual Management 3 Reelect Reena Sinha Puri as Director For Against We are not supportive of non-independent directors sitting on key board committees. Coal India Limited 533278 21-Aug-19 Annual Management 4 Elect Loretta M. Vas as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Coal India Limited 533278 21-Aug-19 Annual Management 5 Elect S. B. Agnihotri as Director For For Coal India Limited 533278 21-Aug-19 Annual Management 6 Elect D.C. Panigrahi as Director For For Coal India Limited 533278 21-Aug-19 Annual Management 7 Elect Khanindra Pathak as Director For For Coal India Limited 533278 21-Aug-19 Annual Management 8 Elect Vinod Jain as Director For For Coal India Limited 533278 21-Aug-19 Annual Management 9 Approve Remuneration of Cost Auditors For For Coal India Limited 533278 21-Aug-19 Annual Management 10 Elect Sanjiv Soni as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Hindustan Petroleum Corporation Limited 500104 21-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Hindustan Petroleum Corporation Limited 500104 21-Aug-19 Annual Management 2 Confirm Interim Dividend and Approve Final For For Dividend

Prepared by: Public Markets Sept. 30, 2019 121 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Hindustan Petroleum Corporation Limited 500104 21-Aug-19 Annual Management 3 Reelect Vinod S. Shenoy as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Hindustan Petroleum Corporation Limited 500104 21-Aug-19 Annual Management 4 Reelect Subhash Kumar as Director For For Hindustan Petroleum Corporation Limited 500104 21-Aug-19 Annual Management 5 Elect Sunil Kumar as Government Nominee Director For For

Hindustan Petroleum Corporation Limited 500104 21-Aug-19 Annual Management 6 Elect G. Rajendran Pillai as Director For For Hindustan Petroleum Corporation Limited 500104 21-Aug-19 Annual Management 7 Approve Remuneration of Cost Auditors For For Hindustan Petroleum Corporation Limited 500104 21-Aug-19 Annual Management 8 Approval Material Related Party Transactions For For NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For for the Year Ended 31 December 2018 NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 2.1 Re-elect Robert Emslie as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 2.2 Re-elect Antoine Dijkstra as Director For For NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 2.3 Re-elect Mirela Covasa as Director For Against We do not support insiders on the board other than the CEO. NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 2.4 Elect Andreas Klingen as Director For For NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 3.1 Re-elect Andre van der Veer as Chairperson of the For For Audit Committee NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 3.2 Re-elect George Aase as Member of the Audit For For Committee NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 3.3 Re-elect Antoine Dijkstra as Member of the Audit For For Committee NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 3.4 Elect Andreas Klingen as Member of the Audit For For Committee NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 4 Reappoint PricewaterhouseCoopers LLC as Auditors For Against We are voting against the appointment of the audit of the Company and Appoint Nicholas Halsall as the firm as the non-audit fees exceed our guidelines. Designated Audit Individual NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 5 Authorise Board to Fix Remuneration of Auditors For Against We are voting against the appointment of the audit firm as the non-audit fees exceed our guidelines.

NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 6 Approve Remuneration of Non-executive Directors For For

NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 7 Authorise Ratification of Approved Resolutions For For NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 8 Authorise Directors to Determine Non-executive For Against The director remuneration plan does not meet our Directors' Additional Special Payments guidelines. NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 9 Authorise Board to Issue Shares for Cash For For NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 10 Authorise Specific Issue of Shares Pursuant to a For For Reinvestment Option

Prepared by: Public Markets Sept. 30, 2019 122 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 11 Authorise Repurchase of Issued Share Capital For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 12 Approve Remuneration Policy For For NEPI Rockcastle Plc NRP 21-Aug-19 Annual Management 13 Approve Remuneration Implementation Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. NTPC Limited 532555 21-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

NTPC Limited 532555 21-Aug-19 Annual Management 2 Confirm Interim Dividend and Declare Final For For Dividend NTPC Limited 532555 21-Aug-19 Annual Management 3 Reelect Anand Kumar Gupta as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. We are holding certain directors accountable for lack of risk oversight that led to major controversies. NTPC Limited 532555 21-Aug-19 Annual Management 4 Authorize Board to Fix Remuneration of Statutory For Against The auditor's tenure is not disclosed. Auditors NTPC Limited 532555 21-Aug-19 Annual Management 5 Reelect Gauri Trivedi as Director For Against We are voting against this director for missing more than 25 percent of scheduled meetings without disclosing a satisfactory reason.We are holding certain directors accountable for lack of risk oversight that led to major controversies. NTPC Limited 532555 21-Aug-19 Annual Management 6 Approve Increase in Borrowing Powers For For NTPC Limited 532555 21-Aug-19 Annual Management 7 Approve Creation of Mortgage and/or Charge over For For Movable and Immovable Properties NTPC Limited 532555 21-Aug-19 Annual Management 8 Approve Remuneration of Cost Auditors For For NTPC Limited 532555 21-Aug-19 Annual Management 9 Approve Issuance of Bonds/Debentures on Private For For Placement Basis United Spirits Limited 532432 21-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

United Spirits Limited 532432 21-Aug-19 Annual Management 2 Reelect Vinod Rao as Director For Against We are not supportive of non-independent directors sitting on key board committees. United Spirits Limited 532432 21-Aug-19 Annual Management 3 Approve Reappointment and Remuneration of For For Anand Kripalu as Managing Director and Chief Executive Officer United Spirits Limited 532432 21-Aug-19 Annual Management 4 Reelect Sivanandhan Dhanushkodi as Director For For United Spirits Limited 532432 21-Aug-19 Annual Management 5 Reelect Mahendra Kumar Sharma as Director For For

Prepared by: Public Markets Sept. 30, 2019 123 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. United Spirits Limited 532432 21-Aug-19 Annual Management 6 Reelect Rajeev Gupta as Director For Against This director is overboarded.We are voting against this director for missing more than 25 percent of scheduled meetings without a satisfactory reason.

United Spirits Limited 532432 21-Aug-19 Annual Management 7 Reelect Indu Ranjit Shahani as Director For For United Spirits Limited 532432 21-Aug-19 Annual Management 8 Approve Granting of Loans and Guarantees to For For Pioneer Distilleries Limited, a Subsidiary of the Company AMERCO UHAL 22-Aug-19 Annual Management 1.1 Elect Director Edward J. (Joe) Shoen For For AMERCO UHAL 22-Aug-19 Annual Management 1.2 Elect Director James E. Acridge For For AMERCO UHAL 22-Aug-19 Annual Management 1.3 Elect Director John P. Brogan For Withhold We are holding members of the Independent Governance committee accountable for a lack of adequate gender diversity on the board. AMERCO UHAL 22-Aug-19 Annual Management 1.4 Elect Director John M. Dodds For Withhold We are voting against this director due to concerns over tenure. AMERCO UHAL 22-Aug-19 Annual Management 1.5 Elect Director James J. Grogan For Withhold We are holding members of the Independent Governance committee accountable for a lack of adequate gender diversity on the board. AMERCO UHAL 22-Aug-19 Annual Management 1.6 Elect Director Richard J. Herrera For For AMERCO UHAL 22-Aug-19 Annual Management 1.7 Elect Director Karl A. Schmidt For For AMERCO UHAL 22-Aug-19 Annual Management 1.8 Elect Director Samuel J. Shoen For Withhold We do not support insiders on the board other than the CEO and Executive Chair. AMERCO UHAL 22-Aug-19 Annual Management 2 Ratify BDO USA, LLP as Auditors For For AMERCO UHAL 22-Aug-19 Annual Shareholder 3 Ratify and Affirm Decisions and Actions Taken by For Against We do not believe that support for this proposal is the Board and Executive Officers for Fiscal 2019 in shareholders' best interests. AMERCO UHAL 22-Aug-19 Annual Shareholder 4 Require a Majority Vote for the Election of Directors None For We believe that directors should be elected by an affirmative majority of votes cast. China International Capital Corporation Limited 3908 22-Aug-19 Special Management 1 Elect Shen Rujun as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.

Elekta AB EKTA.B 22-Aug-19 Annual Management 1 Open Meeting None None Elekta AB EKTA.B 22-Aug-19 Annual Management 2 Elect Chairman of Meeting For For Elekta AB EKTA.B 22-Aug-19 Annual Management 3 Prepare and Approve List of Shareholders For For Elekta AB EKTA.B 22-Aug-19 Annual Management 4 Approve Agenda of Meeting For For Elekta AB EKTA.B 22-Aug-19 Annual Management 5 Designate Inspector(s) of Minutes of Meeting For For Elekta AB EKTA.B 22-Aug-19 Annual Management 6 Acknowledge Proper Convening of Meeting For For

Prepared by: Public Markets Sept. 30, 2019 124 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Elekta AB EKTA.B 22-Aug-19 Annual Management 7 Receive Financial Statements and Statutory Reports None None

Elekta AB EKTA.B 22-Aug-19 Annual Management 8 Receive President's Report None None Elekta AB EKTA.B 22-Aug-19 Annual Management 9 Accept Financial Statements and Statutory Reports For For

Elekta AB EKTA.B 22-Aug-19 Annual Management 10 Approve Allocation of Income and Dividends of SEK For For 1.80 Per Share Elekta AB EKTA.B 22-Aug-19 Annual Management 11 Approve Discharge of Board and President For For Elekta AB EKTA.B 22-Aug-19 Annual Management 12 Receive Nominating Committee's Report None None Elekta AB EKTA.B 22-Aug-19 Annual Management 13 Determine Number of Members (8) and Deputy For For Members (0) of Board Elekta AB EKTA.B 22-Aug-19 Annual Management 14 Approve Remuneration of Directors in the For For Aggregate Amount of SEK 5.1 Million; Approve Remuneration of Auditors Elekta AB EKTA.B 22-Aug-19 Annual Management 15 Reelect Laurent Leksell, Caroline Leksell Cooke, For Against We are voting against the slate as we believe it is Johan Malmqvist, Tomas Puusepp, Wolfgang Reim, important to be able to vote on the qualifications of Jan Secher, Birgitta Stymne Goransson and Cecilia individual directors. Wikstrom as Directors Elekta AB EKTA.B 22-Aug-19 Annual Management 16 Ratify Ernst & Young as Auditors For For Elekta AB EKTA.B 22-Aug-19 Annual Management 17 Approve Remuneration Policy And Other Terms of For Against We are voting against this advisory vote on Employment For Executive Management executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Elekta AB EKTA.B 22-Aug-19 Annual Management 18.a Approve Performance Share Plan 2019 For For Elekta AB EKTA.B 22-Aug-19 Annual Management 18.b Approve Equity Plan Financing For For Elekta AB EKTA.B 22-Aug-19 Annual Management 19 Approve Equity Plan Financing of 2017 and 2018 For Against The long term incentive plan does not meet our Performance Share Plans guidelines. Elekta AB EKTA.B 22-Aug-19 Annual Management 20.a Authorize Share Repurchase Program For For Elekta AB EKTA.B 22-Aug-19 Annual Management 20.b Authorize Reissuance of Repurchased Shares For For Elekta AB EKTA.B 22-Aug-19 Annual Management 21 Authorize Chairman of Board and Representatives For For of Four of Company's Largest Shareholders to Serve on Nominating Committee Elekta AB EKTA.B 22-Aug-19 Annual Shareholder 22.a Eliminate Differentiated Voting Rights None Against We are not supportive of this shareholder resolution as we believe it is overly prescriptive. Elekta AB EKTA.B 22-Aug-19 Annual Shareholder 22.b Delete Following Paragraphs in Article 5 None Against We are not supportive of this shareholder resolution as we believe it is overly prescriptive. Elekta AB EKTA.B 22-Aug-19 Annual Shareholder 22.c Convert All Shares of Series A and Series B into None Against We are not supportive of this shareholder Shares without Serial Designation resolution as we believe it is overly prescriptive.

Prepared by: Public Markets Sept. 30, 2019 125 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Elekta AB EKTA.B 22-Aug-19 Annual Shareholder 22.d Instruct Board to Work for the Swedish Companies None Against We are not supportive of this shareholder Act to be Amended so that the Possibility of resolution as we believe it is overly prescriptive. Differentiation of Voting Rights is Abolished

Elekta AB EKTA.B 22-Aug-19 Annual Shareholder 22.e Instruct Board to Present Proposal to Represent None Against We are not supportive of this shareholder Small and Middle-sized Shareholders in Board and resolution as we believe it is overly prescriptive. Nominating Committee Elekta AB EKTA.B 22-Aug-19 Annual Management 23 Close Meeting None None Tele2 AB TEL2.B 22-Aug-19 Special Management 1 Open Meeting None None Tele2 AB TEL2.B 22-Aug-19 Special Management 2 Elect Chairman of Meeting For For Tele2 AB TEL2.B 22-Aug-19 Special Management 3 Prepare and Approve List of Shareholders For For Tele2 AB TEL2.B 22-Aug-19 Special Management 4 Approve Agenda of Meeting For For Tele2 AB TEL2.B 22-Aug-19 Special Management 5 Designate Inspector(s) of Minutes of Meeting For For Tele2 AB TEL2.B 22-Aug-19 Special Management 6 Acknowledge Proper Convening of Meeting For For Tele2 AB TEL2.B 22-Aug-19 Special Management 7 Approve Special Dividends of SEK 6 Per Share For For Tele2 AB TEL2.B 22-Aug-19 Special Management 8 Close Meeting None None AviChina Industry & Technology Company Limited 2357 23-Aug-19 Special Management 1 Approve Asset Swap Agreement and Related For For Transactions AviChina Industry & Technology Company Limited 2357 23-Aug-19 Special Management 2 Amend Articles Re: Change of Registered Address For For Bosch Limited 500530 23-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Bosch Limited 500530 23-Aug-19 Annual Management 2 Approve Dividend For For Bosch Limited 500530 23-Aug-19 Annual Management 3 Reelect Soumitra Bhattacharya as Director For For Bosch Limited 500530 23-Aug-19 Annual Management 4 Reelect Peter Tyroller as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Bosch Limited 500530 23-Aug-19 Annual Management 5 Approve Reappointment and Remuneration of For For Andreas Wolf as Joint Managing Director Bosch Limited 500530 23-Aug-19 Annual Management 6 Elect Gopichand Katragadda as Director For For Bosch Limited 500530 23-Aug-19 Annual Management 7 Elect Bhaskar Bhat as Director For Against This director is overboarded. Bosch Limited 500530 23-Aug-19 Annual Management 8 Elect Bernhard Steinruecke as Director For For Bosch Limited 500530 23-Aug-19 Annual Management 9 Approve Remuneration of Cost Auditors For For Bosch Limited 500530 23-Aug-19 Annual Management 10 Approve Sale of Packaging Technology Business For For Divi's Laboratories Limited 532488 23-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Divi's Laboratories Limited 532488 23-Aug-19 Annual Management 2 Approve Dividend For For Divi's Laboratories Limited 532488 23-Aug-19 Annual Management 3 Reelect Kiran S. Divi as Director For Against We do not support insiders on the board other than the CEO and Executive Chair.

Prepared by: Public Markets Sept. 30, 2019 126 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Divi's Laboratories Limited 532488 23-Aug-19 Annual Management 4 Reelect Nilima Motaparti as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Divi's Laboratories Limited 532488 23-Aug-19 Annual Management 5 Elect Sunaina Singh as Director For For Grasim Industries Limited 500300 23-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Grasim Industries Limited 500300 23-Aug-19 Annual Management 2 Approve Dividend For For Grasim Industries Limited 500300 23-Aug-19 Annual Management 3 Reelect Kumar Mangalam Birla as Director For Against We are not supportive of non-independent directors sitting on key board committees.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.Since the board's overall independence level does not meet our guidelines, we are voting against all non- independent directors on the ballot, except the CEO.This director is overboarded.We are voting against this director for missing more than 25 percent of scheduled meetings without a satisfactory reason.

Grasim Industries Limited 500300 23-Aug-19 Annual Management 4 Reelect Usha Sangwan as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Grasim Industries Limited 500300 23-Aug-19 Annual Management 5 Approve Arun Thiagarajan to Continue Office as For Against This director is overboarded. Non-Executive Independent Director Grasim Industries Limited 500300 23-Aug-19 Annual Management 6 Reelect Cyril Shroff as Director For Against We are voting against this director for missing more than 25 percent of scheduled meetings without a satisfactory reason.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Grasim Industries Limited 500300 23-Aug-19 Annual Management 7 Reelect Thomas M. Connelly, Jr. as Director For For Grasim Industries Limited 500300 23-Aug-19 Annual Management 8 Reelect O. P. Rungta as Director For For Grasim Industries Limited 500300 23-Aug-19 Annual Management 9 Elect N. Mohanraj as Director For For Grasim Industries Limited 500300 23-Aug-19 Annual Management 10 Approve Remuneration of Cost Auditors For For Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 1 Approve Company's Eligibility for Public Issuance of For For Convertible Bonds Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.1 Approve Issue Type For For Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.2 Approve Issue Scale For For

Prepared by: Public Markets Sept. 30, 2019 127 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.3 Approve Par Value and Issue Price For For Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.4 Approve Bond Maturity For For Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.5 Approve Bond Interest Rate For For Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.6 Approve Method and Term for the Repayment of For For Principal and Interest Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.7 Approve Guarantee Matters For For Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.8 Approve Conversion Period For For Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.9 Approve Determination and Adjustment of For For Conversion Price Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.10 Approve Terms for Downward Adjustment of For For Conversion Price Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.11 Approve Method for Determining the Number of For For Shares for Conversion Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.12 Approve Terms of Redemption For For Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.13 Approve Terms of Sell-Back For For Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.14 Approve Dividend Distribution Post Conversion For For Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.15 Approve Issue Manner and Target Subscribers For For Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.16 Approve Placing Arrangement for Shareholders For For Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.17 Approve Bondholders and Bondholders' Meetings For For Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.18 Approve Use of Proceeds For For Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.19 Approve Raised Funds Deposit Account For For Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 2.20 Approve Resolution Validity Period For For Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 3 Approve Plan for Public Issuance of Convertible For For Bonds Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 4 Approve Feasibility Analysis Report on the Intended For For Usage of Raised Funds Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 5 Approve that the Company Does Not Need to For For Produce a Report on the Usage of Previously Raised Funds Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 6 Approve Impact of Dilution of Current Returns on For For Major Financial Indicators and the Relevant Measures to be Taken as well as Related Commitment Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 7 Approve Rules and Procedures Regarding For For Convertible Corporate Bondholders Meeting Guangdong Haid Group Co., Ltd. 002311 23-Aug-19 Special Management 8 Approve Authorization of Board to Handle All For For Related Matters Myovant Sciences Ltd. MYOV 23-Aug-19 Annual Management 1A Elect Director Terrie Curran For For Myovant Sciences Ltd. MYOV 23-Aug-19 Annual Management 1B Elect Director Mark Guinan For For

Prepared by: Public Markets Sept. 30, 2019 128 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Myovant Sciences Ltd. MYOV 23-Aug-19 Annual Management 1C Elect Director Myrtle Potter For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Myovant Sciences Ltd. MYOV 23-Aug-19 Annual Management 1D Elect Director Vivek Ramaswamy For Against We do not support insiders on the board other than the CEO and Executive Chair. Myovant Sciences Ltd. MYOV 23-Aug-19 Annual Management 1E Elect Director Kathleen Sebelius For For Myovant Sciences Ltd. MYOV 23-Aug-19 Annual Management 1F Elect Director Lynn Seely For For Myovant Sciences Ltd. MYOV 23-Aug-19 Annual Management 1G Elect Director Frank Torti For Against We do not support insiders on the board other than the CEO and Executive Chair. Myovant Sciences Ltd. MYOV 23-Aug-19 Annual Management 2 Approve Ernst & Young LLP as Auditors and For For Authorize Board to Fix Their Remuneration Myovant Sciences Ltd. MYOV 23-Aug-19 Annual Management 3 Advisory Vote to Ratify Named Executive Officers' For For Compensation Myovant Sciences Ltd. MYOV 23-Aug-19 Annual Management 4 Advisory Vote on Say on Pay Frequency One Year One Year We are supportive of annual advisory say-on-pay (SOP) votes as it enhances shareholders' rights. Naspers Ltd. NPN 23-Aug-19 Special Management 1 Approve Matters in Relation to the Implementation For For of the Proposed Transaction Naspers Ltd. NPN 23-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For for the Year Ended 31 March 2019 Naspers Ltd. NPN 23-Aug-19 Annual Management 2 Approve Dividends for N Ordinary and A Ordinary For For Shares Naspers Ltd. NPN 23-Aug-19 Annual Management 3 Reappoint PricewaterhouseCoopers Inc as Auditors For Against The auditor's tenure exceeds our guidelines. of the Company with V Myburgh as the Individual Registered Auditor Naspers Ltd. NPN 23-Aug-19 Annual Management 4 Re-elect Nolo Letele as Directors For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Naspers Ltd. NPN 23-Aug-19 Annual Management 5.1 Re-elect Koos Bekker as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.

Prepared by: Public Markets Sept. 30, 2019 129 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Naspers Ltd. NPN 23-Aug-19 Annual Management 5.2 Re-elect Steve Pacak as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Naspers Ltd. NPN 23-Aug-19 Annual Management 5.3 Re-elect Cobus Stofberg as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Naspers Ltd. NPN 23-Aug-19 Annual Management 5.4 Re-elect Ben van der Ross as Director For For Naspers Ltd. NPN 23-Aug-19 Annual Management 5.5 Re-elect Debra Meyer as Director For For Naspers Ltd. NPN 23-Aug-19 Annual Management 6.1 Re-elect Don Eriksson as Member of the Audit For For Committee Naspers Ltd. NPN 23-Aug-19 Annual Management 6.2 Re-elect Ben van der Ross as Member of the Audit For For Committee Naspers Ltd. NPN 23-Aug-19 Annual Management 6.3 Re-elect Rachel Jafta as Member of the Audit For For Committee Naspers Ltd. NPN 23-Aug-19 Annual Management 7 Approve Remuneration Policy For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Naspers Ltd. NPN 23-Aug-19 Annual Management 8 Approve Implementation of the Remuneration For Against We are voting against this advisory vote on Policy executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Naspers Ltd. NPN 23-Aug-19 Annual Management 9 Place Authorised but Unissued Shares under Control For Against We do not support this general purpose share of Directors issuance due to dilution and as it lacks pre-emptive rights. Naspers Ltd. NPN 23-Aug-19 Annual Management 10 Authorise Board to Issue Shares for Cash For Against We do not support this general purpose share issuance due to dilution and as it lacks pre-emptive rights. Naspers Ltd. NPN 23-Aug-19 Annual Management 11 Approve Amendments to the Trust Deed For For constituting the Naspers Restricted Stock Plan Trust and the Share Scheme envisaged by such Trust Deed Naspers Ltd. NPN 23-Aug-19 Annual Management 12 Authorise Ratification of Approved Resolutions For For Naspers Ltd. NPN 23-Aug-19 Annual Management 1.1 Approve Fees of the Board Chairman For For Naspers Ltd. NPN 23-Aug-19 Annual Management 1.2 Approve Fees of the Board Member For For Naspers Ltd. NPN 23-Aug-19 Annual Management 1.3 Approve Fees of the Audit Committee Chairman For For Naspers Ltd. NPN 23-Aug-19 Annual Management 1.4 Approve Fees of the Audit Committee Member For For

Prepared by: Public Markets Sept. 30, 2019 130 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Naspers Ltd. NPN 23-Aug-19 Annual Management 1.5 Approve Fees of the Risk Committee Chairman For For Naspers Ltd. NPN 23-Aug-19 Annual Management 1.6 Approve Fees of the Risk Committee Member For For Naspers Ltd. NPN 23-Aug-19 Annual Management 1.7 Approve Fees of the Human Resources and For For Remuneration Committee Chairman Naspers Ltd. NPN 23-Aug-19 Annual Management 1.8 Approve Fees of the Human Resources and For For Remuneration Committee Member Naspers Ltd. NPN 23-Aug-19 Annual Management 1.9 Approve Fees of the Nomination Committee For For Chairman Naspers Ltd. NPN 23-Aug-19 Annual Management 1.10 Approve Fees of the Nomination Committee For For Member Naspers Ltd. NPN 23-Aug-19 Annual Management 1.11 Approve Fees of the Social and Ethics Committee For For Chairman Naspers Ltd. NPN 23-Aug-19 Annual Management 1.12 Approve Fees of the Social and Ethics Committee For For Member Naspers Ltd. NPN 23-Aug-19 Annual Management 1.13 Approve Fees of the Trustees of Group Share For For Schemes/Other Personnel Funds Naspers Ltd. NPN 23-Aug-19 Annual Management 2 Approve Financial Assistance in Terms of Section 44 For For of the Companies Act Naspers Ltd. NPN 23-Aug-19 Annual Management 3 Approve Financial Assistance in Terms of Section 45 For For of the Companies Act Naspers Ltd. NPN 23-Aug-19 Annual Management 4 Authorise Repurchase of N Ordinary Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Naspers Ltd. NPN 23-Aug-19 Annual Management 5 Authorise Repurchase of A Ordinary Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Naspers Ltd. NPN 23-Aug-19 Annual Management 6 Authorise Specific Repurchase of N Ordinary Shares For Against The proposed share repurchase program does not from Holders of N Ordinary Shares have sufficient limits to protect existing shareholders. Suzano SA SUZB3 23-Aug-19 Special Management 1 Amend Article 25 For Against We are not supportive of the proposed bylaws amendments as they are not in shareholders' best interests. Suzano SA SUZB3 23-Aug-19 Special Management 2 Consolidate Bylaws For Against We are not supportive of the proposed bylaws amendments as they are not in shareholders' best interests. Suzano SA SUZB3 23-Aug-19 Special Management 3 In the Event of a Second Call, the Voting None For Instructions Contained in this Remote Voting Card May Also be Considered for the Second Call? Kangde Xin Composite Material Group Co., Ltd. 002450 26-Aug-19 Special Shareholder 1.1 Elect Chen Fuzhuang as Supervisor For For

Prepared by: Public Markets Sept. 30, 2019 131 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Kangde Xin Composite Material Group Co., Ltd. 002450 26-Aug-19 Special Shareholder 1.2 Elect Bao Fenglan as Supervisor For For Mexichem SAB de CV MEXCHE 26-Aug-19 Special Management 1 Change Company Name and Amend Article 1 For For M Mexichem SAB de CV MEXCHE 26-Aug-19 Special Management 2 Authorize Board to Ratify and Execute Approved For For M Resolutions Banco Santander Chile SA BSANTAN 27-Aug-19 Special Management 1 Approve Transaction with a Related Party Re: For For DER Acquisition of 51 Percent of Shares in Santander Consumer Chile SA Banco Santander Chile SA BSANTAN 27-Aug-19 Special Management 1 Approve Transaction with a Related Party Re: For For DER Acquisition of 51 Percent of Shares in Santander Consumer Chile SA Banco Santander Chile SA BSANTAN 27-Aug-19 Special Management 2 Receive Report Regarding Related-Party None None DER Transactions Banco Santander Chile SA BSANTAN 27-Aug-19 Special Management 2 Receive Report Regarding Related-Party None None DER Transactions Banco Santander Chile SA BSANTAN 27-Aug-19 Special Management 3 Authorize Board to Ratify and Execute Approved For For DER Resolutions Banco Santander Chile SA BSANTAN 27-Aug-19 Special Management 3 Authorize Board to Ratify and Execute Approved For For DER Resolutions Bank Millennium SA MIL 27-Aug-19 Special Management 1 Open Meeting None None Bank Millennium SA MIL 27-Aug-19 Special Management 2 Receive Information on Voting Procedures None None Bank Millennium SA MIL 27-Aug-19 Special Management 3 Elect Meeting Chairman For For Bank Millennium SA MIL 27-Aug-19 Special Management 4 Acknowledge Proper Convening of Meeting None None Bank Millennium SA MIL 27-Aug-19 Special Management 5 Receive Agenda of Meeting None None Bank Millennium SA MIL 27-Aug-19 Special Management 6 Elect Members of Vote Counting Commission For For Bank Millennium SA MIL 27-Aug-19 Special Management 7 Approve Acquisition of Euro Bank SA For For Bank Millennium SA MIL 27-Aug-19 Special Management 8 Amend Statute Re: Corporate Purpose For For Bank Millennium SA MIL 27-Aug-19 Special Management 9 Approve Performance Share Plan; Authorize Share For Against The performance share incentive plan does not Repurchase Program for Purpose of Performance meet our guidelines. Share Plan Bank Millennium SA MIL 27-Aug-19 Special Management 10 Close Meeting None None Container Corporation of India Ltd. 531344 27-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Container Corporation of India Ltd. 531344 27-Aug-19 Annual Management 2 Approve Final Dividend For For Container Corporation of India Ltd. 531344 27-Aug-19 Annual Management 3 Reelect V. Kalyana Rama as Director For For

Prepared by: Public Markets Sept. 30, 2019 132 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Container Corporation of India Ltd. 531344 27-Aug-19 Annual Management 4 Reelect Sanjay Bajpai as Director For Against We are not supportive of non-independent directors sitting on key board committees.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.We are voting against this director for missing more than 25 percent of scheduled meetings without disclosing a satisfactory reason. Container Corporation of India Ltd. 531344 27-Aug-19 Annual Management 5 Approve Arun K Agarwal & Associates, Chartered For Against We are voting against the appointment of the audit Accountants, New Delhi as Auditors and Authorize firm as the non-audit fees exceed our guidelines. Board to Fix Their Remuneration Container Corporation of India Ltd. 531344 27-Aug-19 Annual Management 6 Elect Manoj Kumar Dubey as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Container Corporation of India Ltd. 531344 27-Aug-19 Annual Management 7 Elect Jayasankar M.K. as Director For For Container Corporation of India Ltd. 531344 27-Aug-19 Annual Management 8 Reelect Kamlesh Shivji Vikamsey as Director For Against This director is overboarded. Container Corporation of India Ltd. 531344 27-Aug-19 Annual Management 9 Reeect Sanjeev S. Shah as Director For For InterGlobe Aviation Limited 539448 27-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

InterGlobe Aviation Limited 539448 27-Aug-19 Annual Management 2 Approve Final Dividend For For InterGlobe Aviation Limited 539448 27-Aug-19 Annual Management 3 Reelect Rahul Bhatia as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. InterGlobe Aviation Limited 539448 27-Aug-19 Annual Management 4 Approve S.R. Batliboi & Co. LLP, Chartered For For Accountants as Auditors and Authorize Board to Fix Their Remuneration InterGlobe Aviation Limited 539448 27-Aug-19 Annual Management 5 Elect Meleveetil Damodaran as Director For Against This director is overboarded. InterGlobe Aviation Limited 539448 27-Aug-19 Annual Management 6 Elect Anil Parashar as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.

InterGlobe Aviation Limited 539448 27-Aug-19 Annual Management 7 Approve Payment of Profit Related Commission to For For Independent Directors InterGlobe Aviation Limited 539448 27-Aug-19 Annual Management 8 Approve Extension of Travel Benefits to Non- For For Executive Directors

Prepared by: Public Markets Sept. 30, 2019 133 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. InterGlobe Aviation Limited 539448 27-Aug-19 Annual Management 9 Amend Articles of Association - Board Related For Against We are not supportive of the proposed bylaws amendments as they are not in shareholders' best interests. Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 1 Open Meeting None None Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 2 Elect Chairman of Meeting For For Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 3 Prepare and Approve List of Shareholders For For Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 4 Approve Agenda of Meeting For For Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 5 Designate Inspector(s) of Minutes of Meeting For For Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 6 Acknowledge Proper Convening of Meeting For For Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 7.a Receive Financial Statements and Statutory Reports None None

Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 7.b Receive Auditor's Report on Application of None None Guidelines for Remuneration for Executive Management Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 8 Receive President's Report None None Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 9.a Accept Financial Statements and Statutory Reports For For

Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 9.b Approve Allocation of Income and Dividends of SEK For For 2.50 Per Share Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 9.c Approve Discharge of Board and President For For Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 10 Approve Principles for the Work of the Nomination For For Committee Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 11 Determine Number of Members (7) and Deputy For For Members (0) of Board Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 12 Approve Remuneration of Directors in the For Against We are voting against this proposal as we believe Aggregate Amount of SEK 2.5 Million; Approve the disclosed rationale for substantial increases in Remuneration of Auditors director fees is not satisfactory. Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 13 Reelect Anna Almlof, Anders Borjesson, Lennart For Against We are voting against the slate as we believe it is Sjolund, Fredrik Borjesson, Anna Marsell and Jorgen important to be able to vote on the qualifications of Wigh as Directors; Elect Ulf Sodergren as New individual directors. Director Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 14 Reelect Anders Borjesson as Board Chairman For For Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 15 Ratify KPMG as Auditors For For Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 16 Approve Remuneration Policy And Other Terms of For For Employment For Executive Management Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 17 Authorize Share Repurchase Program and For For Reissuance of Repurchased Shares Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 18 Approve Stock Option Plan For Against The stock option plan does not meet our guidelines.

Prepared by: Public Markets Sept. 30, 2019 134 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 19 Approve Issuance of up to 10 Percent of Issued For For Number of Class B Shares without Preemptive Rights Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 20 Other Business None None Lagercrantz Group AB LAGR.B 27-Aug-19 Annual Management 21 Close Meeting None None Maruti Suzuki India Limited 532500 27-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Maruti Suzuki India Limited 532500 27-Aug-19 Annual Management 2 Approve Dividend For For Maruti Suzuki India Limited 532500 27-Aug-19 Annual Management 3 Reelect Toshihiro Suzuki as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.

Maruti Suzuki India Limited 532500 27-Aug-19 Annual Management 4 Reelect Kinji Saito as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Maruti Suzuki India Limited 532500 27-Aug-19 Annual Management 5 Approve Reappointment and Remuneration of For For Kenichi Ayukawa as Managing Director and Chief Executive Officer Maruti Suzuki India Limited 532500 27-Aug-19 Annual Management 6 Elect Takahiko Hashimoto as Director and Approve For Against We do not support insiders on the board other than Appointment and Remuneration of Takahiko the CEO. Hashimoto as Whole-time Director designated as Director (Marketing & Sales) Maruti Suzuki India Limited 532500 27-Aug-19 Annual Management 7 Reelect D.S. Brar as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Maruti Suzuki India Limited 532500 27-Aug-19 Annual Management 8 Reelect R.P. Singh as Director For For Maruti Suzuki India Limited 532500 27-Aug-19 Annual Management 9 Elect Lira Goswami as Director For For Maruti Suzuki India Limited 532500 27-Aug-19 Annual Management 10 Elect Hiroshi Sakamoto as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Maruti Suzuki India Limited 532500 27-Aug-19 Annual Management 11 Elect Hisashi Takeuchi as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.

Prepared by: Public Markets Sept. 30, 2019 135 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Maruti Suzuki India Limited 532500 27-Aug-19 Annual Management 12 Approve Enhancement of Ceiling of Payment of For For Commission to Non-Executive Directors Maruti Suzuki India Limited 532500 27-Aug-19 Annual Management 13 Approve Remuneration of Cost Auditors For For Petronet LNG Limited 532522 27-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Petronet LNG Limited 532522 27-Aug-19 Annual Management 2 Approve Final Dividend For For Petronet LNG Limited 532522 27-Aug-19 Annual Management 3 Reelect M.M. Kutty as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Petronet LNG Limited 532522 27-Aug-19 Annual Management 4 Reelect Shashi Shanker as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.This director is overboarded.We are voting against this director for missing more than 25 percent of scheduled meetings without disclosing a satisfactory reason. Petronet LNG Limited 532522 27-Aug-19 Annual Management 5 Elect D. Rajkumar as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Petronet LNG Limited 532522 27-Aug-19 Annual Management 6 Elect B.C. Tripathi as Director None None Petronet LNG Limited 532522 27-Aug-19 Annual Management 7 Elect Sanjiv Singh as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.

Petronet LNG Limited 532522 27-Aug-19 Annual Management 8 Elect Sunil Kumar Srivastava as Director For For Petronet LNG Limited 532522 27-Aug-19 Annual Management 9 Elect Siddhartha Shekhar Singh as Director For For Petronet LNG Limited 532522 27-Aug-19 Annual Management 10 Elect Arun Kumar as Director For For Petronet LNG Limited 532522 27-Aug-19 Annual Management 11 Approve Remuneration of Cost Auditors For For Petronet LNG Limited 532522 27-Aug-19 Annual Management 12 Approve Related Party Transactions For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision.

Prepared by: Public Markets Sept. 30, 2019 136 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Petronet LNG Limited 532522 27-Aug-19 Annual Management 13 Approve Related Party Transactions in Relation to For Against We are not supportive of this proposal as it lacks Transfer of Various Commercial Agreements for the disclosure necessary for shareholders to make Supply of Goods and Services along with Rights and an informed decision. Obligations with Bharat Petroleum Corporation Limited to Bharat Gas Resources Limited

Petronet LNG Limited 532522 27-Aug-19 Annual Management 14 Amend Memorandum of Association For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. Petronet LNG Limited 532522 27-Aug-19 Annual Management 15 Amend Articles of Association For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. Power Grid Corporation of India Limited 532898 27-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Power Grid Corporation of India Limited 532898 27-Aug-19 Annual Management 2 Confirm Interim Dividend and Declare Final For For Dividend Power Grid Corporation of India Limited 532898 27-Aug-19 Annual Management 3 Reelect Ravi P. Singh as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Power Grid Corporation of India Limited 532898 27-Aug-19 Annual Management 4 Authorize Board to Fix Remuneration of Statutory For Against We are voting against the appointment of the audit Auditors firm as the non-audit fees exceed our guidelines.The auditor's tenure is not disclosed. Power Grid Corporation of India Limited 532898 27-Aug-19 Annual Management 5 Elect Rajeev Kumar Chauhan as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Power Grid Corporation of India Limited 532898 27-Aug-19 Annual Management 6 Reelect Jagdish Ishwarbhai Patel as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Power Grid Corporation of India Limited 532898 27-Aug-19 Annual Management 7 Elect M. N. Venkatesan as Director For For Power Grid Corporation of India Limited 532898 27-Aug-19 Annual Management 8 Approve Remuneration of Cost Auditors For For Power Grid Corporation of India Limited 532898 27-Aug-19 Annual Management 9 Approve Issuance of Debentures/Bonds on Private For For Placement Basis Reinet Investments SCA RNI 27-Aug-19 Annual Management 1 Receive Financial Statements and Statutory Reports None None (Non-Voting) Reinet Investments SCA RNI 27-Aug-19 Annual Management 2 Approve Financial Statements For For Reinet Investments SCA RNI 27-Aug-19 Annual Management 3 Approve Consolidated Financial Statements and For For Statutory Reports Reinet Investments SCA RNI 27-Aug-19 Annual Management 4 Approve Allocation of Income and Dividends For For Reinet Investments SCA RNI 27-Aug-19 Annual Management 5 Approve Discharge of General Partner and For For Supervisory Directors Reinet Investments SCA RNI 27-Aug-19 Annual Management 6.1 Reelect John Li as Supervisory Board Member For For

Prepared by: Public Markets Sept. 30, 2019 137 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Reinet Investments SCA RNI 27-Aug-19 Annual Management 6.2 Reelect Yves Prussen as Supervisory Board Member For For

Reinet Investments SCA RNI 27-Aug-19 Annual Management 6.3 Reelect Stuart Robertson as Supervisory Board For For Member Reinet Investments SCA RNI 27-Aug-19 Annual Management 6.4 Reelect Stuart Rowlands as Supervisory Board For For Member Reinet Investments SCA RNI 27-Aug-19 Annual Management 7 Approve Remuneration of Directors For For Reinet Investments SCA RNI 27-Aug-19 Annual Management 8 Approve Share Repurchase For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 1.1 Elect Keith Rayner as Director For For Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 1.2 Elect Sibusiso Sibisi as Director For For Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 2.1 Re-elect Santie Botha as Director For For Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 2.2 Re-elect Khanyisile Kweyama as Director For For Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 2.3 Re-elect Kholeka Mzondeki as Director For For Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 2.4 Re-elect Fagmeedah Petersen-Cook as Director For For Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 3.1 Re-elect Sibusiso Luthuli as Member of the Audit For For Committee Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 3.2 Re-elect Kholeka Mzondeki as Member of the Audit For For Committee Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 3.3 Elect Keith Rayner as Member of the Audit For For Committee Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 3.4 Re-elect Rex Tomlinson as Member of the Audit For For Committee Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 3.5 Re-elect Louis Von Zeuner as Member of the Audit For For Committee Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 4.1 Reappoint PricewaterhouseCoopers as Auditors of For Against We are voting against the appointment of the audit the Company with Skalo Dikana as the Individual firm as audit fees are not disclosed. Designated Auditor Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 4.2 Reappoint SizweNtsalubaGobodo Grant Thornton as For Against We are voting against the appointment of the audit Auditors of the Company with Suleman Lockhat as firm as audit fees are not disclosed. the Individual Designated Auditor Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 5 Place Authorised but Unissued Shares under Control For For of Directors Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 6.1 Approve Remuneration Policy For For Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 6.2 Approve Implementation Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance.

Prepared by: Public Markets Sept. 30, 2019 138 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 1 Authorise Repurchase of Issued Share Capital For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 2 Authorise Board to Issue Shares for Cash For For Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 3 Approve Remuneration of Non-executive Directors For For

Telkom SA SOC Ltd. TKG 27-Aug-19 Annual Management 4 Approve Financial Assistance in Terms of Sections For For 44 and 45 of the Companies Act Vodafone Idea Limited 532822 27-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Vodafone Idea Limited 532822 27-Aug-19 Annual Management 2 Reelect Himanshu Kapania as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.

Vodafone Idea Limited 532822 27-Aug-19 Annual Management 3 Reelect Ravinder Takkar as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Vodafone Idea Limited 532822 27-Aug-19 Annual Management 4 Approve Remuneration of Cost Auditors For For Vodafone Idea Limited 532822 27-Aug-19 Annual Management 5 Reelect Arun Thiagarajan as Director For Against This director is overboarded.We are voting against this director for missing more than 25 percent of scheduled meetings without a satisfactory reason.

Vodafone Idea Limited 532822 27-Aug-19 Annual Management 6 Elect Krishnan Ramachandran as Director For For Vodafone Idea Limited 532822 27-Aug-19 Annual Management 7 Elect Suresh Vaswani as Director For For Vodafone Idea Limited 532822 27-Aug-19 Annual Management 8 Approve Material Related Party Transactions with For Against This proposal is not in shareholders' best interests. Indus Towers Limited Vodafone Idea Limited 532822 27-Aug-19 Annual Management 9 Approve Material Related Party Transactions with For Against This proposal is not in shareholders' best interests. Bharti Infratel Limited Vodafone Idea Limited 532822 27-Aug-19 Annual Management 10 Increase Authorized Share Capital and Amend For For Memorandum of Association Vodafone Idea Limited 532822 27-Aug-19 Annual Management 11 Amend Articles of Association For For Angel Yeast Co., Ltd. 600298 28-Aug-19 Special Management 1 Approve Expansion of Food Raw Material For For Production Line and Supporting Storage Projects

Prepared by: Public Markets Sept. 30, 2019 139 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Angel Yeast Co., Ltd. 600298 28-Aug-19 Special Management 2 Approve Implementation of Anqi Enterprise For For Technology Center Innovation Capacity Building Project Angel Yeast Co., Ltd. 600298 28-Aug-19 Special Management 3 Approve Implementation of Production Line For For Relocation Project Fisher & Paykel Healthcare Corporation Limited FPH 28-Aug-19 Annual Management 1 Elect Lewis Gradon as Director For For Fisher & Paykel Healthcare Corporation Limited FPH 28-Aug-19 Annual Management 2 Elect Donal O'Dwyer as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Fisher & Paykel Healthcare Corporation Limited FPH 28-Aug-19 Annual Management 3 Elect Neville Mitchell as Director For For Fisher & Paykel Healthcare Corporation Limited FPH 28-Aug-19 Annual Management 4 Authorize Board to Fix Remuneration of the For Against The auditor's tenure is not disclosed. Auditors Fisher & Paykel Healthcare Corporation Limited FPH 28-Aug-19 Annual Management 5 Approve Issuance of Performance Share Rights to For For Lewis Gradon Fisher & Paykel Healthcare Corporation Limited FPH 28-Aug-19 Annual Management 6 Approve Issuance of Options to Lewis Gradon For For Fisher & Paykel Healthcare Corporation Limited FPH 28-Aug-19 Annual Management 7 Revoke Company's Existing Constitution and Adopt For For a New Constitution IJM Corporation Berhad 3336 28-Aug-19 Annual Management 1 Elect David Frederick Wilson as Director For For IJM Corporation Berhad 3336 28-Aug-19 Annual Management 2 Approve PricewaterhouseCoopers as Auditors and For Against We are voting against the appointment of the audit Authorize Board to Fix Their Remuneration firm as the non-audit fees exceed our guidelines.The auditor's tenure is not disclosed. IJM Corporation Berhad 3336 28-Aug-19 Annual Management 3 Approve Directors' Fees For For IJM Corporation Berhad 3336 28-Aug-19 Annual Management 4 Approve Directors' Benefits For For IJM Corporation Berhad 3336 28-Aug-19 Annual Management 5 Approve Directors' Fees and Meeting Allowance by For For a Subsidiary IJM Corporation Berhad 3336 28-Aug-19 Annual Management 6 Approve Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights IJM Corporation Berhad 3336 28-Aug-19 Annual Management 7 Approve Share Repurchase Program For For Indiabulls Housing Finance Limited 535789 28-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Indiabulls Housing Finance Limited 535789 28-Aug-19 Annual Management 2 Approve Payment of Interim Dividend For For Indiabulls Housing Finance Limited 535789 28-Aug-19 Annual Management 3 Reelect Sachin Chaudhary as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Indiabulls Housing Finance Limited 535789 28-Aug-19 Annual Management 4 Elect Satish Chand Mathur as Director For For Indiabulls Housing Finance Limited 535789 28-Aug-19 Annual Management 5 Approve Issuance of Non-Convertible Debentures For For on Private Placement Basis Indiabulls Housing Finance Limited 535789 28-Aug-19 Annual Management 6 Approve Shifting of Registered Office of the For For Company and Amend Memorandum of Association

Prepared by: Public Markets Sept. 30, 2019 140 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Indian Oil Corporation Limited 530965 28-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Indian Oil Corporation Limited 530965 28-Aug-19 Annual Management 2 Declare Final Dividend and Confirm Interim For For DIvidend Indian Oil Corporation Limited 530965 28-Aug-19 Annual Management 3 Reelect S. S. V. Ramakumar as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Indian Oil Corporation Limited 530965 28-Aug-19 Annual Management 4 Reelect Ranjan Kumar Mohapatra as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Indian Oil Corporation Limited 530965 28-Aug-19 Annual Management 5 Reelect Parindu K. Bhagat as Director For For Indian Oil Corporation Limited 530965 28-Aug-19 Annual Management 6 Approve Remuneration of Cost Auditors For For Indian Oil Corporation Limited 530965 28-Aug-19 Annual Management 7 Approve Corporate Guarantees to Banks on behalf For For We believe that support for this proposal is in the of IndianOil-Adani Gas Pvt. Ltd., a Joint Venture best interests of shareholders. Company LIC Housing Finance Limited 500253 28-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

LIC Housing Finance Limited 500253 28-Aug-19 Annual Management 2 Approve Dividend For For LIC Housing Finance Limited 500253 28-Aug-19 Annual Management 3 Reelect P. Koteswara Rao as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.

LIC Housing Finance Limited 500253 28-Aug-19 Annual Management 4 Approve Gokhale & Sathe, Chartered Accountants, For Against The auditor's tenure is not disclosed. Mumbai and M. P. Chitale & Co., Chartered Accountants, Mumbai as Joint Statutory Auditors and Authorize Board to Fix Their Remuneration

LIC Housing Finance Limited 500253 28-Aug-19 Annual Management 5 Approve Issuance of Redeemable Non-Convertible For For Debentures, Secured or Unsecured, and/or any other Hybrid Instruments on Private Placement Basis LIC Housing Finance Limited 500253 28-Aug-19 Annual Management 6 Elect M. R. Kumar as Non-Executive Chairman For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. LIC Housing Finance Limited 500253 28-Aug-19 Annual Management 7 Reelect Dharmendra Bhandari as Director For For

Prepared by: Public Markets Sept. 30, 2019 141 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. LIC Housing Finance Limited 500253 28-Aug-19 Annual Management 8 Elect Kashi Prasad Khandelwal as Director For For LIC Housing Finance Limited 500253 28-Aug-19 Annual Management 9 Elect Sanjay Kumar Khemani as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. LIC Housing Finance Limited 500253 28-Aug-19 Annual Management 10 Approve Increase in Borrowing Powers For For Loomis AB LOOM.B 28-Aug-19 Special Management 1 Open Meeting None None Loomis AB LOOM.B 28-Aug-19 Special Management 2 Elect Chairman of Meeting For For Loomis AB LOOM.B 28-Aug-19 Special Management 3 Prepare and Approve List of Shareholders For For Loomis AB LOOM.B 28-Aug-19 Special Management 4 Approve Agenda of Meeting For For Loomis AB LOOM.B 28-Aug-19 Special Management 5 Designate Inspector(s) of Minutes of Meeting For For Loomis AB LOOM.B 28-Aug-19 Special Management 6 Acknowledge Proper Convening of Meeting For For Loomis AB LOOM.B 28-Aug-19 Special Management 7 Determine Number of Members (7) and Deputy For For Members (0) of Board Loomis AB LOOM.B 28-Aug-19 Special Management 8 Elect Lars Blecko and Johan Lundberg as New For Against We are voting against the slate as we believe it is Directors important to be able to vote on the qualifications of individual directors. Loomis AB LOOM.B 28-Aug-19 Special Management 9 Approve Remuneration of Directors For For Loomis AB LOOM.B 28-Aug-19 Special Management 10 Close Meeting None None Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For for the Year Ended 30 March 2019 Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 2.1 Re-elect Stewart Cohen as Director For For Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 2.2 Re-elect Keith Getz as Director For Against We are not supportive of non-independent directors sitting on key board committees. Since the board's overall independence level does not meet our guidelines, we are voting against all non- independent directors on the ballot, except the CEO. Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 2.3 Re-elect Mark Bowman as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 3 Elect Mmaboshadi Chauke as Director For For Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 4 Elect Mark Stirton as Director For Against We do not support insiders on the board other than the CEO. Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 5 Reappoint Ernst & Young Inc as Auditors of the For Against The auditor's tenure exceeds our guidelines. Company with Vinodhan Pillay as the Designated Registered Auditor Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 6.1 Re-elect Bobby Johnston as Member of the Audit For For and Compliance Committee

Prepared by: Public Markets Sept. 30, 2019 142 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 6.2 Re-elect Daisy Naidoo as Member of the Audit and For For Compliance Committee Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 6.3 Re-elect Mark Bowman as Member of the Audit and For Against We are holding the Chair of the Nomination Compliance Committee Committee accountable for failing to ensure that all key board committees are fully independent. Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 6.4 Elect Mmaboshadi Chauke as Member of the Audit For For and Compliance Committee Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 7 Approve Remuneration Policy For Against We are voting against this advisory vote on executive compensation policy as the program is structured in a way that does not sufficiently align pay with performance. Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 8 Approve Remuneration Implementation Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 9 Adopt the Social, Ethics, Transformation and For For Sustainability Committee Report Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 10 Authorise Ratification of Approved Resolutions For For Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 11 Place Authorised but Unissued Shares under Control For For of Directors Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 1.1 Approve Fees of the Independent Non-executive For For Chairman Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 1.2 Approve Fees of the Honorary Chairman For For Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 1.3 Approve Fees of the Lead Independent Director For For Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 1.4 Approve Fees of the Non-Executive Directors For For Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 1.5 Approve Fees of the Audit and Compliance For For Committee Chairman Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 1.6 Approve Fees of the Audit and Compliance For For Committee Members Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 1.7 Approve Fees of the Remuneration and For For Nominations Committee Chairman Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 1.8 Approve Fees of the Remuneration and For For Nominations Committee Members Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 1.9 Approve Fees of the Social, Ethics, Transformation For For and Sustainability Committee Chairman

Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 1.10 Approve Fees of the Social, Ethics, Transformation For For and Sustainability Committee Members

Prepared by: Public Markets Sept. 30, 2019 143 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 1.11 Approve Fees of the Risk and IT Committee For For Members Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 1.12 Approve Fees of the Risk and IT Committee - IT For For Specialist Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 2 Authorise Repurchase of Issued Share Capital For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Mr. Price Group Ltd. MRP 28-Aug-19 Annual Management 3 Approve Financial Assistance to Related or Inter- For For related Companies PT Bank Mandiri (Persero) Tbk BMRI 28-Aug-19 Special Shareholder 1 Approve Evaluation of First Semester Performance None For 2019 PT Bank Mandiri (Persero) Tbk BMRI 28-Aug-19 Special Shareholder 2 Approve Changes in Board of Company None Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. Sun Pharmaceutical Industries Ltd. 524715 28-Aug-19 Annual Management 1.a Accept Standalone Financial Statements and For For Statutory Reports Sun Pharmaceutical Industries Ltd. 524715 28-Aug-19 Annual Management 1.b Accept Consolidated Financial Statements and For For Statutory Reports Sun Pharmaceutical Industries Ltd. 524715 28-Aug-19 Annual Management 2 Approve Dividend For For Sun Pharmaceutical Industries Ltd. 524715 28-Aug-19 Annual Management 3 Reelect Sailesh T. Desai as Director For Against We do not support insiders on the board other than the CEO.We are not supportive of non-independent directors sitting on key board committees.We are voting against this director due to concerns over tenure. Sun Pharmaceutical Industries Ltd. 524715 28-Aug-19 Annual Management 4 Reelect Kalyanasundaram Subramanian as Director For Against We do not support insiders on the board other than the CEO. Sun Pharmaceutical Industries Ltd. 524715 28-Aug-19 Annual Management 5 Approve Remuneration of Cost Auditors For For Sun Pharmaceutical Industries Ltd. 524715 28-Aug-19 Annual Management 6 Approve Commissions Paid to Non-Executive For Against The director remuneration plan does not meet our Directors guidelines. Sun Pharmaceutical Industries Ltd. 524715 28-Aug-19 Annual Management 7 Approve Remuneration to Kalyanasundaram For For Subramanian as Whole-Time Director Trakya Cam Sanayii AS TRKCM 28-Aug-19 Special Management 1 Elect Presiding Council of Meeting and Authorize For For Presiding Council to Sign Minutes of Meeting Trakya Cam Sanayii AS TRKCM 28-Aug-19 Special Management 2 Amend Company Articles For For UPL Limited 512070 28-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

UPL Limited 512070 28-Aug-19 Annual Management 2 Approve Dividend For For

Prepared by: Public Markets Sept. 30, 2019 144 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. UPL Limited 512070 28-Aug-19 Annual Management 3 Reelect Jaidev Rajnikant Shroff as Director For Against We do not support insiders on the board other than the CEO and Executive Chair.We are voting against this director due to concerns over tenure. UPL Limited 512070 28-Aug-19 Annual Management 4 Approve Remuneration of Cost Auditors For For UPL Limited 512070 28-Aug-19 Annual Management 5 Approve Issuance of Non-Convertible Debentures For For on Private Placement Basis UPL Limited 512070 28-Aug-19 Annual Management 6 Reelect Pradeep Vedprakash Goyal as Director For For UPL Limited 512070 28-Aug-19 Annual Management 7 Reelect Reena Ramachandran as Director For Against We are holding the Chair of the Nomination Committee accountable for not having addressed the CEO's overboarding. Aurobindo Pharma Limited 524804 29-Aug-19 Annual Management 1 Accept Standalone Financial Statements and For For Statutory Reports Aurobindo Pharma Limited 524804 29-Aug-19 Annual Management 2 Accept Consolidated Financial Statements and For For Statutory Reports Aurobindo Pharma Limited 524804 29-Aug-19 Annual Management 3 Confirm First and Second Interim Dividend For For Aurobindo Pharma Limited 524804 29-Aug-19 Annual Management 4 Reelect P. Sarath Chandra Reddy as Director For Against We do not support insiders on the board other than the CEO. Aurobindo Pharma Limited 524804 29-Aug-19 Annual Management 5 Reelect M. Sivakumaran as Director For Against We do not support insiders on the board other than the CEO.We are voting against this director due to concerns over tenure. Aurobindo Pharma Limited 524804 29-Aug-19 Annual Management 6 Reelect K. Ragunathan as Director For For Aurobindo Pharma Limited 524804 29-Aug-19 Annual Management 7 Reelect Savita Mahajan as Director For For Aurobindo Pharma Limited 524804 29-Aug-19 Annual Management 8 Reelect Avnit Bimal Singh as Director For For Aurobindo Pharma Limited 524804 29-Aug-19 Annual Management 9 Approve Reappointment and Remuneration of P. For For Sarath Chandra Reddy as Whole-time Director Aurobindo Pharma Limited 524804 29-Aug-19 Annual Management 10 Approve Revision in the Remuneration of M. Madan For For Mohan Reddy as Whole-time Director Aurobindo Pharma Limited 524804 29-Aug-19 Annual Management 11 Approve Revision in the Remuneration of N. For For Govindarajan as Managing Director Global Payments Inc. GPN 29-Aug-19 Special Management 1 Issue Shares in Connection with Merger For For Global Payments Inc. GPN 29-Aug-19 Special Management 2 Increase Authorized Common Stock For For Global Payments Inc. GPN 29-Aug-19 Special Management 3 Declassify the Board of Directors For For Global Payments Inc. GPN 29-Aug-19 Special Management 4 Adjourn Meeting For For Momentum Group AB MMGR.B 29-Aug-19 Annual Management 1 Open Meeting None None Momentum Group AB MMGR.B 29-Aug-19 Annual Management 2 Elect Chairman of Meeting For For Momentum Group AB MMGR.B 29-Aug-19 Annual Management 3 Prepare and Approve List of Shareholders For For Momentum Group AB MMGR.B 29-Aug-19 Annual Management 4 Approve Agenda of Meeting For For Momentum Group AB MMGR.B 29-Aug-19 Annual Management 5 Designate Inspector(s) of Minutes of Meeting For For Momentum Group AB MMGR.B 29-Aug-19 Annual Management 6 Acknowledge Proper Convening of Meeting For For

Prepared by: Public Markets Sept. 30, 2019 145 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Momentum Group AB MMGR.B 29-Aug-19 Annual Management 7 Receive Financial Statements and Statutory Reports None None

Momentum Group AB MMGR.B 29-Aug-19 Annual Management 8 Receive President's Report None None Momentum Group AB MMGR.B 29-Aug-19 Annual Management 9.a Accept Financial Statements and Statutory Reports For For

Momentum Group AB MMGR.B 29-Aug-19 Annual Management 9.b Approve Allocation of Income and Dividends of SEK For For 3.2 Per Share Momentum Group AB MMGR.B 29-Aug-19 Annual Management 9.c Approve Discharge of Board and President For For Momentum Group AB MMGR.B 29-Aug-19 Annual Management 10 Receive Nomination Committee's Report None None Momentum Group AB MMGR.B 29-Aug-19 Annual Management 11 Determine Number of Members (5) and Deputy For Against We view the proposed board size as too small. Members (0) of Board Momentum Group AB MMGR.B 29-Aug-19 Annual Management 12 Approve Remuneration of Directors in the For For Aggregate Amount of SEK 1.73 Million; Approve Remuneration of Auditors Momentum Group AB MMGR.B 29-Aug-19 Annual Management 13 Reelect Charlotte Hansson, Stefan Hedelius and For Against We are voting against the slate as we believe it is Gunilla Spongh as Directors; Elect Johan Sjo (Chair) important to be able to vote on the qualifications of and Goran Nasholm as New Directors individual directors. Momentum Group AB MMGR.B 29-Aug-19 Annual Management 14 Ratify KPMG as Auditors For For Momentum Group AB MMGR.B 29-Aug-19 Annual Management 15 Approve Remuneration Policy And Other Terms of For For Employment For Executive Management Momentum Group AB MMGR.B 29-Aug-19 Annual Management 16 Authorize Share Repurchase Program and For For Reissuance of Repurchased Shares Momentum Group AB MMGR.B 29-Aug-19 Annual Management 17 Other Business None None Momentum Group AB MMGR.B 29-Aug-19 Annual Management 18 Close Meeting None None MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.1 Elect Don Eriksson as Director For For MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.2 Elect Tim Jacobs as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.3 Elect Nolo Letele as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.4 Elect Jabu Mabuza as Director For For MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.5 Elect Elias Masilela as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.6 Elect Calvo Mawela as Director For For MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.7 Elect Kgomotso Moroka as Director For For MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.8 Elect Steve Pacak as Director For For

Prepared by: Public Markets Sept. 30, 2019 146 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.9 Elect Imtiaz Patel as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.10 Elect Christine Sabwa as Director For For MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.11 Elect Fatai Sanusi as Director For For MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.12 Elect Louisa Stephens as Director For For MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.13 Elect Jim Volkwyn as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.

MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 2 Appoint PricewaterhouseCoopers Inc as Auditors of For Against The auditor's tenure exceeds our guidelines. the Company with Brett Humphreys as Designated Individual Registered Auditor MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 3.1 Elect Steve Pacak as Chair of the Audit Committee For For

MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 3.2 Elect Don Eriksson as Member of the Audit For For Committee MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 3.3 Elect Christine Sabwa as Member of the Audit For For Committee MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 3.4 Elect Louisa Stephens as Member of the Audit For For Committee MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 4 Authorise Board to Issue Shares for Cash For For MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1 Approve Remuneration Policy For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 2 Approve Implementation of the Remuneration For Against We are voting against this advisory vote on Policy executive compensation as the program is structured in a way that does not sufficiently align pay with performance. MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.1 Approve Remuneration of Non-executive Directors For For

MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.2 Approve Remuneration of Audit Committee Chair For For MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.3 Approve Remuneration of Audit Committee For For Member MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.4 Approve Remuneration of Risk Committee Chair For For

Prepared by: Public Markets Sept. 30, 2019 147 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.5 Approve Remuneration of Risk Committee Member For For

MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.6 Approve Remuneration of Remuneration For For Committee Chair MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.7 Approve Remuneration of Remuneration For For Committee Member MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.8 Approve Remuneration of Nomination Committee For For Chair MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.9 Approve Remuneration of Nomination Committee For For Member MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.10 Approve Remuneration of Social and Ethics For For Committee Chair MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 1.11 Approve Remuneration of Social and Ethics For For Committee Member MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 2 Authorise Repurchase of Issued Share Capital For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 3 Approve Financial Assistance in Terms of Section 44 For Against We do not believe that support for this proposal is of the Companies Act in the best interests of shareholders. MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 4 Approve Financial Assistance in Terms of Section 45 For For of the Companies Act MultiChoice Group Ltd. MCG 29-Aug-19 Annual Management 5 Authorise Ratification of Approved Resolutions For For PT Bank Tabungan Negara (Persero) Tbk BBTN 29-Aug-19 Special Shareholder 1 Approve Evaluation of First Semester Performance None None 2019 PT Bank Tabungan Negara (Persero) Tbk BBTN 29-Aug-19 Special Management 2 Approve Share Acquisition Plan For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. PT Bank Tabungan Negara (Persero) Tbk BBTN 29-Aug-19 Special Shareholder 3 Approve Changes in Board of Company None Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. QL Resources Berhad 7084 29-Aug-19 Annual Management 1 Approve Final Dividend For For QL Resources Berhad 7084 29-Aug-19 Annual Management 2 Elect Tan Bun Poo as Director For For QL Resources Berhad 7084 29-Aug-19 Annual Management 3 Elect Aini Binti Ideris as Director For For QL Resources Berhad 7084 29-Aug-19 Annual Management 4 Elect Chia Seong Pow as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. QL Resources Berhad 7084 29-Aug-19 Annual Management 5 Elect Chia Song Swa as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. QL Resources Berhad 7084 29-Aug-19 Annual Management 6 Elect Chia Lik Khai as Director For Against We do not support insiders on the board other than the CEO and Executive Chair.

Prepared by: Public Markets Sept. 30, 2019 148 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. QL Resources Berhad 7084 29-Aug-19 Annual Management 7 Approve Directors' Fees and Benefits For For QL Resources Berhad 7084 29-Aug-19 Annual Management 8 Approve Additional Directors' Benefits For For QL Resources Berhad 7084 29-Aug-19 Annual Management 9 Approve KPMG PLT as Auditors and Authorize Board For Against The auditor's tenure is not disclosed. to Fix Their Remuneration QL Resources Berhad 7084 29-Aug-19 Annual Management 10 Approve Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights QL Resources Berhad 7084 29-Aug-19 Annual Management 11 Authorize Share Repurchase Program For For QL Resources Berhad 7084 29-Aug-19 Annual Management 12 Approve Implementation of Shareholders' Mandate For For for Recurrent Related Party Transactions

QL Resources Berhad 7084 29-Aug-19 Annual Management 1 Adopt New Constitution For For REC Limited 532955 29-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

REC Limited 532955 29-Aug-19 Annual Management 2 Approve Payment of Interim Dividend For For REC Limited 532955 29-Aug-19 Annual Management 3 Reelect Ajeet Kumar Agarwal as Director For For REC Limited 532955 29-Aug-19 Annual Management 4 Authorize Board to Fix Remuneration of Statutory For Against The auditor's tenure is not disclosed.We are voting Auditors against the appointment of the audit firm as the non-audit fees exceed our guidelines. We are voting against the appointment of the audit firm as audit fees are not disclosed. REC Limited 532955 29-Aug-19 Annual Management 5 Approve Issuance of Non-Convertible For For Debentures/Bonds on Private Placement Basis REC Limited 532955 29-Aug-19 Annual Management 6 Approve Related Party Transactions For Against This proposal is not in shareholders' best interests.

Total System Services, Inc. TSS 29-Aug-19 Special Management 1 Approve Merger Agreement For For Total System Services, Inc. TSS 29-Aug-19 Special Management 2 Advisory Vote on Golden Parachutes For For Total System Services, Inc. TSS 29-Aug-19 Special Management 3 Declassify the Board of Directors For For Total System Services, Inc. TSS 29-Aug-19 Special Management 4 Adjourn Meeting For For United Urban Investment Corp. 8960 29-Aug-19 Special Management 1 Amend Articles to Make Technical Changes For For United Urban Investment Corp. 8960 29-Aug-19 Special Management 2 Elect Executive Director Yoshida, Ikuo For Against We do not support insiders on the board other than the Chairman and/or President. United Urban Investment Corp. 8960 29-Aug-19 Special Management 3 Elect Alternate Executive Director Gaun, Norimasa For For

United Urban Investment Corp. 8960 29-Aug-19 Special Management 4.1 Elect Supervisory Director Okamura, Kenichiro For For United Urban Investment Corp. 8960 29-Aug-19 Special Management 4.2 Elect Supervisory Director Sekine, Kumiko For For United Urban Investment Corp. 8960 29-Aug-19 Special Management 5 Elect Alternate Supervisory Director Shimizu, Fumi For For Banco Bradesco SA BBDC4 30-Aug-19 Special Management 1 Ratify KPMG Auditores Independentes as the Firm For For to Appraise Proposed Transaction Banco Bradesco SA BBDC4 30-Aug-19 Special Management 1 Approve Acquisition of BAC Florida Bank For For

Prepared by: Public Markets Sept. 30, 2019 149 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Banco Bradesco SA BBDC4 30-Aug-19 Special Shareholder 1 Elect Genival Francisco da Silva as Alternate Fiscal None For Council Member Appointed by Minority Shareholder Banco Bradesco SA BBDC4 30-Aug-19 Special Management 2 Approve Independent Firm's Appraisal For For Banco Bradesco SA BBDC4 30-Aug-19 Special Management 2 Ratify PricewaterhouseCoopers Servicos For For Professionais Ltda. as the Independent Firm to Appraise Proposed Transaction Banco Bradesco SA BBDC4 30-Aug-19 Special Management 2 Amend Article 5 Re: Corporate Purpose For For Banco Bradesco SA BBDC4 30-Aug-19 Special Management 3 Approve Agreement to Absorb Bradesco Cartoes For For Banco Bradesco SA BBDC4 30-Aug-19 Special Management 3 Amend Article 8 For For Banco Bradesco SA BBDC4 30-Aug-19 Special Management 4 Approve Absorption of Bradesco Cartoes For For Banco Bradesco SA BBDC4 30-Aug-19 Special Management 4 Amend Article 9 For For Banco Bradesco SA BBDC4 30-Aug-19 Special Management 5 Consolidate Bylaws For For Bharat Petroleum Corporation Limited 500547 30-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Bharat Petroleum Corporation Limited 500547 30-Aug-19 Annual Management 2 Confirm Interim Dividend and Declare Final For For Dividend Bharat Petroleum Corporation Limited 500547 30-Aug-19 Annual Management 3 Reelect Padmakar Kappagantula as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Bharat Petroleum Corporation Limited 500547 30-Aug-19 Annual Management 4 Authorize Board to Fix Remuneration of Auditors For Against We are voting against the appointment of the audit firm as the non-audit fees exceed our guidelines.

Bharat Petroleum Corporation Limited 500547 30-Aug-19 Annual Management 5 Elect Arun Kumar Singh as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Bharat Petroleum Corporation Limited 500547 30-Aug-19 Annual Management 6 Elect Neelakantapillai Vijayagopal as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Bharat Petroleum Corporation Limited 500547 30-Aug-19 Annual Management 7 Reelect Rajesh Kumar Mangal as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Bharat Petroleum Corporation Limited 500547 30-Aug-19 Annual Management 8 Elect Harshadkumar P. Shah as Director For For Bharat Petroleum Corporation Limited 500547 30-Aug-19 Annual Management 9 Approve Material Related Party Transactions For Against This proposal is not in shareholders' best interests.

Bharat Petroleum Corporation Limited 500547 30-Aug-19 Annual Management 10 Approve Remuneration of Cost Auditors For For Dabur India Limited 500096 30-Aug-19 Annual Management 1 Accept Standalone Financial Statements and For For Statutory Reports Dabur India Limited 500096 30-Aug-19 Annual Management 2 Accept Consolidated Financial Statements and For For Statutory Reports Dabur India Limited 500096 30-Aug-19 Annual Management 3 Confirm Interim Dividend and Declare Final For For Dividend

Prepared by: Public Markets Sept. 30, 2019 150 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Dabur India Limited 500096 30-Aug-19 Annual Management 4 Reelect Amit Burman as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.

Dabur India Limited 500096 30-Aug-19 Annual Management 5 Reelect Mohit Burman as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Dabur India Limited 500096 30-Aug-19 Annual Management 6 Approve Remuneration of Cost Auditors For For Dabur India Limited 500096 30-Aug-19 Annual Management 7 Elect Mohit Malhotra as Director and Approve For For Appointment and Remuneration of Mohit Malhotra as Whole Time Director Dabur India Limited 500096 30-Aug-19 Annual Management 8 Elect Ajit Mohan Sharan as Director For For Dabur India Limited 500096 30-Aug-19 Annual Management 9 Elect Aditya Burman as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Dabur India Limited 500096 30-Aug-19 Annual Management 10 Reelect Falguni Sanjay Nayar as Director For For Dabur India Limited 500096 30-Aug-19 Annual Management 11 Reelect P N Vijay as Director For Against We are voting against this director due to concerns over tenure. Dabur India Limited 500096 30-Aug-19 Annual Management 12 Reelect S Narayan as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Dabur India Limited 500096 30-Aug-19 Annual Management 13 Reelect R C Bhargava as Director For For Dabur India Limited 500096 30-Aug-19 Annual Management 14 Reelect Ajay Dua as Director For For Dabur India Limited 500096 30-Aug-19 Annual Management 15 Reelect Sanjay Kumar Bhattacharyya as Director For For Dabur India Limited 500096 30-Aug-19 Annual Management 16 Approve Payment of Remuneration to Non- For For Executive Independent Directors Hindalco Industries Limited 500440 30-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Hindalco Industries Limited 500440 30-Aug-19 Annual Management 2 Approve Dividend For For

Prepared by: Public Markets Sept. 30, 2019 151 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Hindalco Industries Limited 500440 30-Aug-19 Annual Management 3 Reelect Rajashree Birla as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are voting against this director due to concerns over tenure.This director is overboarded.We are voting against this director for missing more than 25 percent of scheduled meetings without disclosing a satisfactory reason. Hindalco Industries Limited 500440 30-Aug-19 Annual Management 4 Approve Remuneration of Cost Auditors For For Hindalco Industries Limited 500440 30-Aug-19 Annual Management 5 Elect Vikas Balia as Director For For Hindalco Industries Limited 500440 30-Aug-19 Annual Management 6 Reelect K. N. Bhandari as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. This director is overboarded. Hindalco Industries Limited 500440 30-Aug-19 Annual Management 7 Reelect Ram Charan as Director For Against We are voting against this director for missing more than 25 percent of scheduled meetings without a satisfactory reason. Oil & Natural Gas Corporation Limited 500312 30-Aug-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Oil & Natural Gas Corporation Limited 500312 30-Aug-19 Annual Management 2 Approve Final Dividend For For Oil & Natural Gas Corporation Limited 500312 30-Aug-19 Annual Management 3 Reelect Subhash Kumar as Director For Against We do not support insiders on the board other than the CEO. Oil & Natural Gas Corporation Limited 500312 30-Aug-19 Annual Management 4 Reelect Rajesh Shyamsunder Kakkar as Director For Against We do not support insiders on the board other than the CEO.We are not supportive of non-independent directors sitting on key board committees.

Oil & Natural Gas Corporation Limited 500312 30-Aug-19 Annual Management 5 Authorize Board to Fix Remuneration of Auditors For For Oil & Natural Gas Corporation Limited 500312 30-Aug-19 Annual Management 6 Elect Navin Chandra Pandey as Director For Against We do not support insiders on the board other than the CEO. Oil & Natural Gas Corporation Limited 500312 30-Aug-19 Annual Management 7 Elect Alka Mittal as Director For Against We do not support insiders on the board other than the CEO. Oil & Natural Gas Corporation Limited 500312 30-Aug-19 Annual Management 8 Elect Amar Nath as Director For Against We are voting against this director for missing more than 25 percent of scheduled meetings without a satisfactory reason. Oil & Natural Gas Corporation Limited 500312 30-Aug-19 Annual Management 9 Reelect Ajai Malhotra as Director For For Oil & Natural Gas Corporation Limited 500312 30-Aug-19 Annual Management 10 Reelect Shireesh Balawant Kedare as Director For For Oil & Natural Gas Corporation Limited 500312 30-Aug-19 Annual Management 11 Reelect K M Padmanabhan as Director For For Oil & Natural Gas Corporation Limited 500312 30-Aug-19 Annual Management 12 Elect Amitava Bhattacharyya as Director For For Oil & Natural Gas Corporation Limited 500312 30-Aug-19 Annual Management 13 Approve Remuneration of Cost Auditors For For

Prepared by: Public Markets Sept. 30, 2019 152 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Oil & Natural Gas Corporation Limited 500312 30-Aug-19 Annual Management 14 Approve Related Party Transaction with ONGC For Against This proposal is not in shareholders' best interests. Petro Additions Limited Oil & Natural Gas Corporation Limited 500312 30-Aug-19 Annual Management 15 Elect Rajesh Kumar Srivastava as Director For Against We do not support insiders on the board other than the CEO. PT Bank Negara Indonesia (Persero) Tbk BBNI 30-Aug-19 Special Shareholder 1 Approve Evaluation of First Semester Performance None For 2019 PT Bank Negara Indonesia (Persero) Tbk BBNI 30-Aug-19 Special Shareholder 2 Approve Changes in Board of Company None Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. PT Perusahaan Gas Negara Tbk PGAS 30-Aug-19 Special Shareholder 1 Approve Evaluation of First Semester Performance None For 2019 PT Perusahaan Gas Negara Tbk PGAS 30-Aug-19 Special Shareholder 2 Approve Changes in Board of Company None Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. Sany Heavy Industry Co., Ltd. 600031 30-Aug-19 Special Management 1 Approve Amendments to Articles of Association For For Sany Heavy Industry Co., Ltd. 600031 30-Aug-19 Special Management 2 Amend Rules and Procedures Regarding Meetings For For of Board of Directors Sany Heavy Industry Co., Ltd. 600031 30-Aug-19 Special Management 3.1 Elect Liang Wengen as Non-Independent Director For Against We are not supportive of non-independent directors sitting on key board committees. Sany Heavy Industry Co., Ltd. 600031 30-Aug-19 Special Management 3.2 Elect Tang Xiuguo as Non-Independent Director For Against We are not supportive of non-independent directors sitting on key board committees. Sany Heavy Industry Co., Ltd. 600031 30-Aug-19 Special Management 3.3 Elect Xiang Wenbo as Non-Independent Director For For Sany Heavy Industry Co., Ltd. 600031 30-Aug-19 Special Management 3.4 Elect Yi Xiaogang as Non-Independent Director For Against We do not support insiders on the board other than the CEO and Executive Chair. We are voting against this director due to concerns over tenure. Sany Heavy Industry Co., Ltd. 600031 30-Aug-19 Special Management 3.5 Elect Liang Zaizhong as Non-Independent Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Sany Heavy Industry Co., Ltd. 600031 30-Aug-19 Special Management 3.6 Elect Huang Jianlong as Non-Independent Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are voting against this director due to concerns over tenure. Sany Heavy Industry Co., Ltd. 600031 30-Aug-19 Special Management 4.1 Elect Su Zimeng as Independent Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Sany Heavy Industry Co., Ltd. 600031 30-Aug-19 Special Management 4.2 Elect Tang Ya as Independent Director For For Sany Heavy Industry Co., Ltd. 600031 30-Aug-19 Special Management 4.3 Elect Ma Guangyuan as Independent Director For For

Prepared by: Public Markets Sept. 30, 2019 153 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Sany Heavy Industry Co., Ltd. 600031 30-Aug-19 Special Management 4.4 Elect Zhou Hua as Independent Director For For Sany Heavy Industry Co., Ltd. 600031 30-Aug-19 Special Management 5.1 Elect Liu Daojun as Supervisor For For Sany Heavy Industry Co., Ltd. 600031 30-Aug-19 Special Management 5.2 Elect Yao Chuanda as Supervisor For For PT Bank Rakyat Indonesia (Persero) Tbk BBRI 02-Sep-19 Special Shareholder 1 Approve Evaluation of First Semester Performance None For 2019 PT Bank Rakyat Indonesia (Persero) Tbk BBRI 02-Sep-19 Special Shareholder 2 Approve Company's Recovery Plan None For PT Bank Rakyat Indonesia (Persero) Tbk BBRI 02-Sep-19 Special Shareholder 3 Approve Changes in Board of Company None Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. Merlin Entertainments Plc MERL 03-Sep-19 Special Management 1 Approve the Recommended Cash Acquisition of For For Merlin Entertainments plc by Motion Acquisition Limited; Amend Articles of Association Merlin Entertainments Plc MERL 03-Sep-19 Court Management 1 Approve Scheme of Arrangement For For The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For for the Year Ended 31 March 2019 The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 2 Reappoint Deloitte & Touche as Auditors of the For For Company with M van Wyk as the Designated Partner The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 3 Re-elect Fatima Abrahams as Director For For The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 4 Re-elect Michael Lewis as Director For Against We are voting against this director due to concerns over tenure.We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 5 Re-elect Sam Abrahams as Director For For The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 6 Elect Bongiwe Ntuli as Director For Against We do not support insiders on the board other than the CEO. The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 7 Re-elect Sam Abrahams as Member of the Audit For For Committee The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 8 Re-elect Tumi Makgabo-Fiskerstrand as Member of For For the Audit Committee The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 9 Re-elect Eddy Oblowitz as Member of the Audit For For Committee The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 10 Re-elect Nomahlubi Simamane as Member of the For For Audit Committee The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 11 Re-elect David Friedland as Member of the Audit For For Committee The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 12 Re-elect Fatima Abrahams as Member of the Audit For For Committee

Prepared by: Public Markets Sept. 30, 2019 154 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 13 Approve Remuneration Policy For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 14 Approve Remuneration Implementation Report For For The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 1 Approve Remuneration of Non-executive Directors For For

The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 2 Authorise Repurchase of Issued Share Capital For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 3 Approve Financial Assistance in Terms of Sections For For 44 and 45 of the Companies Act The Foschini Group Ltd. TFG 03-Sep-19 Annual Management 15 Authorise Ratification of Approved Resolutions For For Mediaset Espana Comunicacion SA TL5 04-Sep-19 Special Management 1.1 Acknowledge Information on Important Changes to None None Assets or Liabilities of Companies Taking Part in Segregation between Announcement of Segregation Plan and EGM Date Mediaset Espana Comunicacion SA TL5 04-Sep-19 Special Management 1.2 Approve Segregation of All Assets and Liabilities to For Against We do not believe that support for this proposal is Fully-Owned Subsidiary GA Mediaset in the best interests of shareholders. Mediaset Espana Comunicacion SA TL5 04-Sep-19 Special Management 1.3 Acknowledge Share Capital Increase of GA Mediaset None None

Mediaset Espana Comunicacion SA TL5 04-Sep-19 Special Management 2.1 Acknowledge Information on Important Changes to None None Assets or Liabilities of Merging Companies between Announcement of Merger Plan and EGM Date

Mediaset Espana Comunicacion SA TL5 04-Sep-19 Special Management 2.2 Approve Tripartite Cross-Border Merger by For Against We do not believe that support for this proposal is Absorption of Company and Mediaset SpA by in the best interests of shareholders. Mediaset Investment NV Mediaset Espana Comunicacion SA TL5 04-Sep-19 Special Management 2.3 Acknowledge Share Capital Increase of Mediaset None None Investment Mediaset Espana Comunicacion SA TL5 04-Sep-19 Special Management 3 Authorize Share Repurchase Program For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Mediaset Espana Comunicacion SA TL5 04-Sep-19 Special Management 4 Authorize Board to Ratify and Execute Approved For For Resolutions Open Text Corporation OTEX 04-Sep-19 Annual/Sp Management 1.1 Elect Director P. Thomas Jenkins For Withhold We are voting against this director due to concerns ecial over tenure. Open Text Corporation OTEX 04-Sep-19 Annual/Sp Management 1.2 Elect Director Mark J. Barrenechea For For ecial

Prepared by: Public Markets Sept. 30, 2019 155 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Open Text Corporation OTEX 04-Sep-19 Annual/Sp Management 1.3 Elect Director Randy Fowlie For For ecial Open Text Corporation OTEX 04-Sep-19 Annual/Sp Management 1.4 Elect Director David Fraser For For ecial Open Text Corporation OTEX 04-Sep-19 Annual/Sp Management 1.5 Elect Director Gail E. Hamilton For For ecial Open Text Corporation OTEX 04-Sep-19 Annual/Sp Management 1.6 Elect Director Stephen J. Sadler For For ecial Open Text Corporation OTEX 04-Sep-19 Annual/Sp Management 1.7 Elect Director Harmit Singh For For ecial Open Text Corporation OTEX 04-Sep-19 Annual/Sp Management 1.8 Elect Director Michael Slaunwhite For For ecial Open Text Corporation OTEX 04-Sep-19 Annual/Sp Management 1.9 Elect Director Katharine B. Stevenson For For ecial Open Text Corporation OTEX 04-Sep-19 Annual/Sp Management 1.10 Elect Director Carl Jurgen Tinggren For For ecial Open Text Corporation OTEX 04-Sep-19 Annual/Sp Management 1.11 Elect Director Deborah Weinstein For Withhold We are holding the Chair of the Nomination ecial Committee accountable for not having addressed the CEO's overboarding. Open Text Corporation OTEX 04-Sep-19 Annual/Sp Management 2 Ratify KPMG LLP as Auditors For For ecial Open Text Corporation OTEX 04-Sep-19 Annual/Sp Management 3 Advisory Vote on Executive Compensation For For ecial Approach Open Text Corporation OTEX 04-Sep-19 Annual/Sp Management 4 Approve Shareholder Rights Plan For For ecial Vitasoy International Holdings Limited 345 04-Sep-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Vitasoy International Holdings Limited 345 04-Sep-19 Annual Management 2 Approve Final Dividend For For Vitasoy International Holdings Limited 345 04-Sep-19 Annual Management 3A1 Elect Winston Yau-Lai Lo as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are voting against this director due to concerns over tenure. Vitasoy International Holdings Limited 345 04-Sep-19 Annual Management 3A2 Elect Paul Jeremy Brough as Director For Against We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Vitasoy International Holdings Limited 345 04-Sep-19 Annual Management 3A3 Elect Roberto Guidetti as Director For For Vitasoy International Holdings Limited 345 04-Sep-19 Annual Management 3B Authorize Board to Fix Remuneration of Directors For For

Prepared by: Public Markets Sept. 30, 2019 156 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Vitasoy International Holdings Limited 345 04-Sep-19 Annual Management 4 Approve KPMG as Auditors and Authorize Board to For Against We are voting against the appointment of the audit Fix Their Remuneration firm as the non-audit fees exceed our guidelines.The auditor's tenure is not disclosed. Vitasoy International Holdings Limited 345 04-Sep-19 Annual Management 5A Approve Issuance of Equity or Equity-Linked For Against We do not support this general purpose share Securities without Preemptive Rights issuance due to dilution and as it lacks pre-emptive rights. Vitasoy International Holdings Limited 345 04-Sep-19 Annual Management 5B Authorize Repurchase of Issued Share Capital For For Vitasoy International Holdings Limited 345 04-Sep-19 Annual Management 5C Authorize Reissuance of Repurchased Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Dart Group Plc DTG 05-Sep-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Dart Group Plc DTG 05-Sep-19 Annual Management 2 Approve Final Dividend For For Dart Group Plc DTG 05-Sep-19 Annual Management 3 Elect Richard Green as Director For Against We are not supportive of non-independent directors sitting on key board committees.Since the board's overall independence level does not meet our guidelines, we are voting against all non- independent directors on the ballot, except the CEO. Dart Group Plc DTG 05-Sep-19 Annual Management 4 Re-elect Philip Meeson as Director For Against We are not supportive of non-independent directors sitting on key board committees. Dart Group Plc DTG 05-Sep-19 Annual Management 5 Re-elect Stephen Heapy as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. We are not supportive of non-independent directors sitting on key board committees. Dart Group Plc DTG 05-Sep-19 Annual Management 6 Re-elect Mark Laurence as Director For Against We are voting against this director due to concerns over tenure. Dart Group Plc DTG 05-Sep-19 Annual Management 7 Reappoint KPMG LLP as Auditors For Against We are voting against the appointment of the audit firm as the non-audit fees exceed our guidelines.

Dart Group Plc DTG 05-Sep-19 Annual Management 8 Authorise Board to Fix Remuneration of Auditors For Against We are voting against the appointment of the audit firm as the non-audit fees exceed our guidelines.

Dart Group Plc DTG 05-Sep-19 Annual Management 9 Authorise Issue of Equity For For Dart Group Plc DTG 05-Sep-19 Annual Management 10 Authorise Issue of Equity without Pre-emptive For For Rights Dart Group Plc DTG 05-Sep-19 Annual Management 11 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment

Prepared by: Public Markets Sept. 30, 2019 157 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Dart Group Plc DTG 05-Sep-19 Annual Management 12 Authorise Market Purchase of Ordinary Shares For For Hamilton Lane Incorporated HLNE 05-Sep-19 Annual Management 1.1 Elect Director Hartley R. Rogers For Withhold We are not supportive of non-independent directors sitting on key board committees. Hamilton Lane Incorporated HLNE 05-Sep-19 Annual Management 1.2 Elect Director Mario L. Giannini For Withhold We are not supportive of non-independent directors sitting on key board committees. Hamilton Lane Incorporated HLNE 05-Sep-19 Annual Management 2 Advisory Vote to Ratify Named Executive Officers' For For Compensation Hamilton Lane Incorporated HLNE 05-Sep-19 Annual Management 3 Advisory Vote on Say on Pay Frequency One Year One Year We are supportive of annual advisory say-on-pay (SOP) votes as it enhances shareholders' rights. Hamilton Lane Incorporated HLNE 05-Sep-19 Annual Management 4 Ratify Ernst & Young LLP as Auditors For For Japan Prime Realty Investment Corp. 8955 05-Sep-19 Special Management 1 Amend Articles To Amend Permitted Investment For For Types - Amend Asset Management Compensation Japan Prime Realty Investment Corp. 8955 05-Sep-19 Special Management 2 Elect Executive Director Jozaki, Yoshihiro For Against We do not support insiders on the board other than the President and Chairman. Japan Prime Realty Investment Corp. 8955 05-Sep-19 Special Management 3 Elect Alternate Executive Director Nomura, For Against We do not support insiders on the board other than Yoshinaga the President and Chairman. Japan Prime Realty Investment Corp. 8955 05-Sep-19 Special Management 4.1 Elect Supervisory Director Denawa, Masato For For Japan Prime Realty Investment Corp. 8955 05-Sep-19 Special Management 4.2 Elect Supervisory Director Kusanagi, Nobuhisa For For Japan Prime Realty Investment Corp. 8955 05-Sep-19 Special Management 5 Elect Alternate Supervisory Director Kawaguchi, For For Akihiro Korea Aerospace Industries Ltd. 047810 05-Sep-19 Special Management 1 Elect Ahn Hyeon-ho as Inside Director For Against We do not support insiders on the board other than the CEO. Sectra AB SECT.B 05-Sep-19 Annual Management 1 Open Meeting None None Sectra AB SECT.B 05-Sep-19 Annual Management 2 Elect Chairman of Meeting For For Sectra AB SECT.B 05-Sep-19 Annual Management 3 Prepare and Approve List of Shareholders For For Sectra AB SECT.B 05-Sep-19 Annual Management 4 Approve Agenda of Meeting For For Sectra AB SECT.B 05-Sep-19 Annual Management 5 Designate Inspector(s) of Minutes of Meeting For For Sectra AB SECT.B 05-Sep-19 Annual Management 6 Acknowledge Proper Convening of Meeting For For Sectra AB SECT.B 05-Sep-19 Annual Management 7 Receive Financial Statements and Statutory Reports None None

Sectra AB SECT.B 05-Sep-19 Annual Management 8.a Accept Financial Statements and Statutory Reports For For

Sectra AB SECT.B 05-Sep-19 Annual Management 8.b Approve Allocation of Income and Omission of For For Dividends Sectra AB SECT.B 05-Sep-19 Annual Management 8.c Approve Discharge of Board and President For For Sectra AB SECT.B 05-Sep-19 Annual Management 9 Determine Number of Members (7) and Deputy For For Members (0) of Board; Determine Number of Auditors (1) and Deputy Auditors (0)

Prepared by: Public Markets Sept. 30, 2019 158 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Sectra AB SECT.B 05-Sep-19 Annual Management 10 Approve Remuneration of Directors in the Amount For For of SEK 450,000 for Chairman, and SEK 225,000 for Other Directors; Approve Remuneration for Committee Work; Approve Remuneration of Auditors Sectra AB SECT.B 05-Sep-19 Annual Management 11 Reelect Anders Persson, Christer Nilsson, Torbjorn For Against We are voting against the slate as we believe it is Kronander,Tomas Puusepp, Birgitta Hagenfeldt and important to be able to vote on the qualifications of Jan-Olof Bruer as Directors; Elect Jonas Yngvesson individual directors. as New Director; Ratify Grant Thornton Sweden AB as Auditors Sectra AB SECT.B 05-Sep-19 Annual Management 12 Authorize Chairman of Board and Representatives For Against We are voting against the slate as we believe it is of Three of Company's Largest Shareholders to important to be able to vote on the qualifications of Serve on Nominating Committee individual directors. Sectra AB SECT.B 05-Sep-19 Annual Management 13 Approve Remuneration Policy And Other Terms of For Against We are voting against this advisory vote on Employment For Executive Management executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Sectra AB SECT.B 05-Sep-19 Annual Management 14 Approve 2:1 Stock Split; Approve SEK 19.2 Million For For Reduction in Share Capital via Share Cancellation; Approve Capitalization of Reserves of SEK 19.2 Million Sectra AB SECT.B 05-Sep-19 Annual Management 15 Approve Issuance of up to 3.7 Million Shares For For without Preemptive Rights Sectra AB SECT.B 05-Sep-19 Annual Management 16 Authorize Share Repurchase Program and For For Reissuance of Repurchased Shares Sectra AB SECT.B 05-Sep-19 Annual Management 17 Other Business None None Sectra AB SECT.B 05-Sep-19 Annual Management 18 Close Meeting None None Sotheby's BID 05-Sep-19 Special Management 1 Approve Merger Agreement For For Sotheby's BID 05-Sep-19 Special Management 2 Advisory Vote on Golden Parachutes For For Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 2 Approve Remuneration Policy For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 3 Approve Remuneration Report For For

Prepared by: Public Markets Sept. 30, 2019 159 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 4 Re-elect Tony Pidgley as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.We are not supportive of non-independent directors sitting on key board committees.We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.

Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 5 Re-elect Rob Perrins as Director For For Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 6 Re-elect Richard Stearn as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 7 Re-elect Karl Whiteman as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 8 Re-elect Sean Ellis as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 9 Re-elect Sir John Armitt as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 10 Re-elect Dame Alison Nimmo as Director For For Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 11 Re-elect Veronica Wadley as Director For For Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 12 Re-elect Glyn Barker as Director For For Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 13 Re-elect Adrian Li as Director For Against This director is overboarded. Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 14 Re-elect Andy Myers as Director For For Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 15 Re-elect Diana Brightmore-Armour as Director For For Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 16 Re-elect Justin Tibaldi as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 17 Re-elect Paul Vallone as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 18 Re-elect Peter Vernon as Director For For Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 19 Re-elect Rachel Downey as Director For For Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 20 Reappoint KPMG LLP as Auditors For For Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 21 Authorise the Audit Committee to Fix Remuneration For For of Auditors Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 22 Authorise Issue of Equity For For Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 23 Authorise Issue of Equity without Pre-emptive For For Rights

Prepared by: Public Markets Sept. 30, 2019 160 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 24 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 25 Authorise Market Purchase of Ordinary Shares For For Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 26 Authorise EU Political Donations and Expenditure For For Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 27 Authorise the Company to Call General Meeting For For with Two Weeks' Notice Berkeley Group Holdings Plc BKG 06-Sep-19 Annual Management 28 Amend 2011 Long Term Incentive Plan For Against The stock option plan does not meet our guidelines.

CapitaLand Commercial Trust C61U 06-Sep-19 Special Management 1 Approve Acquisition of 94.9 Percent Shares in For For Target Companies Powszechny Zaklad Ubezpieczen SA PZU 06-Sep-19 Special Management 1 Open Meeting None None Powszechny Zaklad Ubezpieczen SA PZU 06-Sep-19 Special Management 2 Elect Meeting Chairman For For Powszechny Zaklad Ubezpieczen SA PZU 06-Sep-19 Special Management 3 Acknowledge Proper Convening of Meeting None None Powszechny Zaklad Ubezpieczen SA PZU 06-Sep-19 Special Management 4 Approve Agenda of Meeting For For Powszechny Zaklad Ubezpieczen SA PZU 06-Sep-19 Special Management 5 Amend Statute For Against We are not supportive of the proposed bylaws amendments as they are not in shareholders' best interests. Powszechny Zaklad Ubezpieczen SA PZU 06-Sep-19 Special Management 6 Amend Statute For Against We are not supportive of the proposed bylaws amendments as they are not in shareholders' best interests. Powszechny Zaklad Ubezpieczen SA PZU 06-Sep-19 Special Management 7 Amend Statute For For Powszechny Zaklad Ubezpieczen SA PZU 06-Sep-19 Special Management 8 Amend Statute Re: Sale of Fixed Assets For For Powszechny Zaklad Ubezpieczen SA PZU 06-Sep-19 Special Management 9 Amend Statute Re: Management Board For For Powszechny Zaklad Ubezpieczen SA PZU 06-Sep-19 Special Management 10 Close Meeting None None SDIC Power Holdings Co., Ltd. 600886 06-Sep-19 Special Management 1 Approve Work Report of Board Remuneration and For For Appraisal Committee SDIC Power Holdings Co., Ltd. 600886 06-Sep-19 Special Shareholder 2.1 Elect Zhu Jiwei as Non-Independent Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. SDIC Power Holdings Co., Ltd. 600886 06-Sep-19 Special Shareholder 2.2 Elect Luo Shaoxiang as Non-Independent Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. SDIC Power Holdings Co., Ltd. 600886 06-Sep-19 Special Shareholder 2.3 Elect Jiang Hua as Non-Independent Director For For

Prepared by: Public Markets Sept. 30, 2019 161 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. SDIC Power Holdings Co., Ltd. 600886 06-Sep-19 Special Shareholder 2.4 Elect Zhang Yuanling as Non-Independent Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. SDIC Power Holdings Co., Ltd. 600886 06-Sep-19 Special Shareholder 2.5 Elect Zhan Pingyuan as Non-Independent Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. SDIC Power Holdings Co., Ltd. 600886 06-Sep-19 Special Management 3.1 Elect Zeng Ming as Independent Director For For SDIC Power Holdings Co., Ltd. 600886 06-Sep-19 Special Management 3.2 Elect Shao Lvwei as Independent Director For For SDIC Power Holdings Co., Ltd. 600886 06-Sep-19 Special Management 3.3 Elect Yu Yingmin as Independent Director For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. SDIC Power Holdings Co., Ltd. 600886 06-Sep-19 Special Shareholder 4.1 Elect Qu Lixin as Supervisor For For SDIC Power Holdings Co., Ltd. 600886 06-Sep-19 Special Shareholder 4.2 Elect Zhang Haijuan as Supervisor For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. Severstal PAO CHMF 06-Sep-19 Special Management 1 Approve Interim Dividends of RUB 26.72 per Share For For for First Six Months of Fiscal 2019 Severstal PAO CHMF 06-Sep-19 Special Management 1 Approve Interim Dividends of RUB 26.72 per Share For For for First Six Months of Fiscal 2019 Wen's Foodstuffs Group Co., Ltd. 300498 06-Sep-19 Special Management 1 Approve Interim Profit Distribution For For Wen's Foodstuffs Group Co., Ltd. 300498 06-Sep-19 Special Management 2 Approve Donation to Beiying Charity Foundation in For Against This proposal is not in shareholders' best interests. Xinxing County, Guangdong Province Wen's Foodstuffs Group Co., Ltd. 300498 06-Sep-19 Special Management 3 Approve Donation to Guangdong Province For For Foundation and Applied Basic Research Fund Committee ENGIE Brasil Energia SA EGIE3 09-Sep-19 Special Management 1 Elect Gustavo Henrique Labanca Novo as Director For Against Since the board's overall independence level does and Raquel da Fonseca Cantarino as Alternate not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Tucows Inc. TCX 09-Sep-19 Annual Management 1.1 Elect Director Allen Karp For Withhold We are holding the Chair of the Nomination Committee accountable for inadequate gender diversity on the board. Tucows Inc. TCX 09-Sep-19 Annual Management 1.2 Elect Director Rawleigh H. Ralls For For Tucows Inc. TCX 09-Sep-19 Annual Management 1.3 Elect Director Erez Gissin For Withhold We are voting against this director due to concerns over tenure. Tucows Inc. TCX 09-Sep-19 Annual Management 1.4 Elect Director Elliot Noss For For Tucows Inc. TCX 09-Sep-19 Annual Management 1.5 Elect Director Jeffrey Schwartz For For

Prepared by: Public Markets Sept. 30, 2019 162 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Tucows Inc. TCX 09-Sep-19 Annual Management 1.6 Elect Director Robin Chase For For Tucows Inc. TCX 09-Sep-19 Annual Management 1.7 Elect Director Brad Burnham For For Tucows Inc. TCX 09-Sep-19 Annual Management 2 Ratify KPMG LLP as Auditors For For Ashtead Group Plc AHT 10-Sep-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Ashtead Group Plc AHT 10-Sep-19 Annual Management 2 Approve Remuneration Report For For Ashtead Group Plc AHT 10-Sep-19 Annual Management 3 Approve Remuneration Policy For For Ashtead Group Plc AHT 10-Sep-19 Annual Management 4 Approve Final Dividend For For Ashtead Group Plc AHT 10-Sep-19 Annual Management 5 Re-elect Paul Walker as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Ashtead Group Plc AHT 10-Sep-19 Annual Management 6 Re-elect Brendan Horgan as Director For Against We are not supportive of non-independent directors sitting on key board committees. Ashtead Group Plc AHT 10-Sep-19 Annual Management 7 Re-elect Michael Pratt as Director For Against We do not support insiders on the board other than the CEO. Ashtead Group Plc AHT 10-Sep-19 Annual Management 8 Elect Angus Cockburn as Director For For Ashtead Group Plc AHT 10-Sep-19 Annual Management 9 Re-elect Lucinda Riches as Director For For Ashtead Group Plc AHT 10-Sep-19 Annual Management 10 Re-elect Tanya Fratto as Director For For Ashtead Group Plc AHT 10-Sep-19 Annual Management 11 Elect Lindsley Ruth as Director For For Ashtead Group Plc AHT 10-Sep-19 Annual Management 12 Reappoint Deloitte LLP as Auditors For For Ashtead Group Plc AHT 10-Sep-19 Annual Management 13 Authorise Board to Fix Remuneration of Auditors For For Ashtead Group Plc AHT 10-Sep-19 Annual Management 14 Authorise Issue of Equity For Against We do not support this general purpose share issuance due to dilution and as it lacks pre-emptive rights. Ashtead Group Plc AHT 10-Sep-19 Annual Management 15 Authorise Issue of Equity without Pre-emptive For For Rights Ashtead Group Plc AHT 10-Sep-19 Annual Management 16 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Ashtead Group Plc AHT 10-Sep-19 Annual Management 17 Authorise Market Purchase of Ordinary Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Ashtead Group Plc AHT 10-Sep-19 Annual Management 18 Authorise the Company to Call General Meeting For For with Two Weeks' Notice Digital China Holdings Limited 861 10-Sep-19 Annual Management 1 Accept Financial Statements and Statutory Reports For Against This proposal is not in shareholders' best interests.

Digital China Holdings Limited 861 10-Sep-19 Annual Management 2 Approve Final Dividend For For

Prepared by: Public Markets Sept. 30, 2019 163 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Digital China Holdings Limited 861 10-Sep-19 Annual Management 3.1 Elect Wong Man Chung, Francis as Director For Against This director is overboarded.We are holding certain directors accountable for lack of risk oversight that led to major controversies. Digital China Holdings Limited 861 10-Sep-19 Annual Management 3.2 Elect Ni Hong (Hope) as Director For Against We are holding certain directors accountable for lack of risk oversight that led to major controversies. Digital China Holdings Limited 861 10-Sep-19 Annual Management 3.3 Elect Yan Xiaoyan as Director For Against We are holding certain directors accountable for lack of risk oversight that led to major controversies. Digital China Holdings Limited 861 10-Sep-19 Annual Management 3.4 Elect King William as Director For For Digital China Holdings Limited 861 10-Sep-19 Annual Management 3.5 Authorize Board to Fix Remuneration of Directors For For Digital China Holdings Limited 861 10-Sep-19 Annual Management 4 Approve Shinewing (HK) CPA Limited as Auditor and For For Authorize Board to Fix Their Remuneration Digital China Holdings Limited 861 10-Sep-19 Annual Management 5.1 Approve Issuance of Equity or Equity-Linked For Against We do not support this general purpose share Securities without Preemptive Rights issuance due to dilution and as it lacks pre-emptive rights. Digital China Holdings Limited 861 10-Sep-19 Annual Management 5.2 Authorize Repurchase of Issued Share Capital For For Digital China Holdings Limited 861 10-Sep-19 Annual Management 5.3 Authorize Reissuance of Repurchased Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Digital China Holdings Limited 861 10-Sep-19 Annual Management 6 Adopt Share Option Incentive Scheme and For Against The stock option plan does not meet our guidelines. Authorize Board to Deal With All Related Matters Folli Follie SA FFGRP 10-Sep-19 Annual Management 1 Accept 2017 Financial Statements and Statutory For Against We are voting against this proposal as we have Reports concerns over the reliability of the financial statements given that the audit firm has issued an adverse opinion. Folli Follie SA FFGRP 10-Sep-19 Annual Management 2 Approve Discharge of Board for FY2017 Against Against Folli Follie SA FFGRP 10-Sep-19 Annual Management 3 Approve Discharge of Board and Auditors in For Against We are voting against this proposal as we have Relation to Drafting and Special Audit of Restated concerns over the reliability of the financial 2017 Financial Statements statements given that the audit firm has issued an adverse opinion. Folli Follie SA FFGRP 10-Sep-19 Annual Management 4 Approve Auditors and Fix Their Remuneration for For Against We are voting against the appointment of the audit 2018 firm as audit fees are not disclosed. Folli Follie SA FFGRP 10-Sep-19 Annual Management 5 Approve Director Remuneration for 2017 and Pre- For For approve Director Remuneration for 2018 Folli Follie SA FFGRP 10-Sep-19 Annual Management 6 Elect Directors (Bundled) For Against We are voting against the slate as we believe it is important to be able to vote on the qualifications of individual directors. Folli Follie SA FFGRP 10-Sep-19 Annual Management 7 Elect Members of Audit Committee For For

Prepared by: Public Markets Sept. 30, 2019 164 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Folli Follie SA FFGRP 10-Sep-19 Annual Management 8 Approve Guarantees to Subsidiaries For Against We do not believe that support for this proposal is in the best interests of shareholders. Folli Follie SA FFGRP 10-Sep-19 Annual Management 9 Amend Article 9: Board-Related For For Folli Follie SA FFGRP 10-Sep-19 Annual Management 10 Other Business For Against We are voting against this proposal to conduct 'other business' at the shareholder meeting as it puts non-attending shareholders voting by proxy at a disadvantage. Hartalega Holdings Berhad 5168 10-Sep-19 Annual Management 1 Approve Final Dividend For For Hartalega Holdings Berhad 5168 10-Sep-19 Annual Management 2 Approve Directors' Fees and Benefits for the For For Financial Year Ended March 31, 2019 Hartalega Holdings Berhad 5168 10-Sep-19 Annual Management 3 Approve Directors' Fees and Benefits for the For For Financial Year Ending March 31, 2020 Hartalega Holdings Berhad 5168 10-Sep-19 Annual Management 4 Elect Kuan Kam Hon @ Kwan Kam Onn as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Hartalega Holdings Berhad 5168 10-Sep-19 Annual Management 5 Elect Danaraj A/L Nadarajah as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Hartalega Holdings Berhad 5168 10-Sep-19 Annual Management 6 Elect Tan Guan Cheong as Director For For Hartalega Holdings Berhad 5168 10-Sep-19 Annual Management 7 Approve Deloitte PLT as Auditors and Authorize For For Board to Fix Their Remuneration Hartalega Holdings Berhad 5168 10-Sep-19 Annual Management 8 Approve Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights Hartalega Holdings Berhad 5168 10-Sep-19 Annual Management 9 Authorize Share Repurchase Program For For Hartalega Holdings Berhad 5168 10-Sep-19 Annual Management 10 Adopt New Constitution For For Jonjee Hi-Tech Industrial & Commercial Holding Co., 600872 10-Sep-19 Special Management 1 Approve Amendments to Articles of Association For For Ltd. Jonjee Hi-Tech Industrial & Commercial Holding Co., 600872 10-Sep-19 Special Management 2 Amend Performance Appraisal and Remuneration For For Ltd. System of Core Personnel Jonjee Hi-Tech Industrial & Commercial Holding Co., 600872 10-Sep-19 Special Management 3 Approve Issuance of Super Short-term Commercial For For Ltd. Papers Jonjee Hi-Tech Industrial & Commercial Holding Co., 600872 10-Sep-19 Special Management 4 Approve Issuance of Short-term Commercial Papers For For Ltd. Jonjee Hi-Tech Industrial & Commercial Holding Co., 600872 10-Sep-19 Special Management 5 Approve Issuance of Medium-term Notes For For Ltd. Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Prepared by: Public Markets Sept. 30, 2019 165 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 2 Approve Allocation of Income and Dividends of CHF For For 2.00 per Registered A Share and CHF 0.20 per Registered B Share Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 3 Approve Discharge of Board and Senior For For Management Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.1 Reelect Johann Rupert as Director and Board For Against Since the board's overall independence level does Chairman not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees. We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent.

Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.2 Reelect Josua Malherbe as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.

Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.3 Reelect Nikesh Arora as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.

Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.4 Reelect Nicolas Bos as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.5 Reelect Clay Brendish as Director For For Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.6 Reelect Jean-Blaise Eckert as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.

Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.7 Reelect Burkhart Grund as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.8 Reelect Sophie Guieysse as Director For Against We do not support insiders on the board other than the CEO and Executive Chair.

Prepared by: Public Markets Sept. 30, 2019 166 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.9 Reelect Keyu Jin as Director For For Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.10 Reelect Jerome Lambert as Director For For Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.11 Reelect Ruggero Magnoni as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.

Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.12 Reelect Jeff Moss as Director For For Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.13 Reelect Vesna Nevistic as Director For For Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.14 Reelect Guillaume Pictet as Director For For Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.15 Reelect Alan Quasha as Director For For Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.16 Reelect Maria Ramos as Director For For Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.17 Reelect Anton Rupert as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.

Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.18 Reelect Jan Rupert as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.

Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.19 Reelect Gary Saage as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.

Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 4.20 Reelect Cyrille Vigneron as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 5.1 Reappoint Clay Brendish as Member of the For For Compensation Committee Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 5.2 Reppoint Keyu Jin as Member of the Compensation For For Committee Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 5.3 Reappoint Guillaume Pictet as Member of the For For Compensation Committee

Prepared by: Public Markets Sept. 30, 2019 167 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 5.4 Reappoint Maria Ramos as Member of the For For Compensation Committee Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 6 Ratify PricewaterhouseCoopers as Auditors For Against The auditor's tenure exceeds our guidelines. Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 7 Designate Etude Gampert & Demierre as For For Independent Proxy Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 8.1 Approve Remuneration of Directors in the Amount For For of CHF 9.2 Million Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 8.2 Approve Fixed Remuneration of Executive For For Committee in the Amount of CHF 15.8 Million Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 8.3 Approve Variable Remuneration of Executive For For Committee in the Amount of CHF 19.1 Million Compagnie Financiere Richemont SA CFR 11-Sep-19 Annual Management 9 Transact Other Business (Voting) For Against We are voting against this proposal to conduct 'other business' at the shareholder meeting as it puts non-attending shareholders voting by proxy at a disadvantage. Jiangsu Hengli Hydraulic Co., Ltd. 601100 11-Sep-19 Special Management 1.1 Elect Wang Liping as Non-Independent Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Jiangsu Hengli Hydraulic Co., Ltd. 601100 11-Sep-19 Special Management 1.2 Elect Qiu Yongning as Non-Independent Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Jiangsu Hengli Hydraulic Co., Ltd. 601100 11-Sep-19 Special Management 1.3 Elect Xu Jin as Non-Independent Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Jiangsu Hengli Hydraulic Co., Ltd. 601100 11-Sep-19 Special Management 1.4 Elect Hu Guoxiang as Non-Independent Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Jiangsu Hengli Hydraulic Co., Ltd. 601100 11-Sep-19 Special Management 2.1 Elect Xu Bing as Independent Director For For Jiangsu Hengli Hydraulic Co., Ltd. 601100 11-Sep-19 Special Management 2.2 Elect Yu Xuehua as Independent Director For For Jiangsu Hengli Hydraulic Co., Ltd. 601100 11-Sep-19 Special Management 2.3 Elect Chen Bai as Independent Director For For Jiangsu Hengli Hydraulic Co., Ltd. 601100 11-Sep-19 Special Management 3.1 Elect Pan Jingbo as Supervisor For For

Prepared by: Public Markets Sept. 30, 2019 168 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. RBC Bearings Incorporated ROLL 11-Sep-19 Annual Management 1.1 Elect Director Edward D. Stewart For Withhold We are holding the Nomination Committee members accountable for inadequate gender diversity on the board. We are voting against the Chair of the Nomination Committee for not providing the Independent Lead Director with all necessary powers required for an effective counter- balance to the combined CEO and Chair position.

RBC Bearings Incorporated ROLL 11-Sep-19 Annual Management 1.2 Elect Director Daniel A. Bergeron For Withhold We do not support insiders on the board other than the CEO and Executive Chair. RBC Bearings Incorporated ROLL 11-Sep-19 Annual Management 1.3 Elect Director Michael H. Ambrose For For RBC Bearings Incorporated ROLL 11-Sep-19 Annual Management 2 Ratify Ernst & Young LLP as Auditors For For RBC Bearings Incorporated ROLL 11-Sep-19 Annual Management 3 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance. The program also lacks certain risk mitigation features and contains features not in line with best practice. Empire Company Limited EMP.A 12-Sep-19 Annual Management 1 Advisory Vote on Executive Compensation For For Approach H&R Block, Inc. HRB 12-Sep-19 Annual Management 1a Elect Director Angela N. Archon For For H&R Block, Inc. HRB 12-Sep-19 Annual Management 1b Elect Director Paul J. Brown For For H&R Block, Inc. HRB 12-Sep-19 Annual Management 1c Elect Director Robert A. Gerard For For H&R Block, Inc. HRB 12-Sep-19 Annual Management 1d Elect Director Richard A. Johnson For For H&R Block, Inc. HRB 12-Sep-19 Annual Management 1e Elect Director Jeffrey J. Jones, II For For H&R Block, Inc. HRB 12-Sep-19 Annual Management 1f Elect Director David Baker Lewis For For H&R Block, Inc. HRB 12-Sep-19 Annual Management 1g Elect Director Victoria J. Reich For For H&R Block, Inc. HRB 12-Sep-19 Annual Management 1h Elect Director Bruce C. Rohde For For H&R Block, Inc. HRB 12-Sep-19 Annual Management 1i Elect Director Matthew E. Winter For For H&R Block, Inc. HRB 12-Sep-19 Annual Management 1j Elect Director Christianna Wood For For H&R Block, Inc. HRB 12-Sep-19 Annual Management 2 Ratify Deloitte & Touche LLP as Auditors For For H&R Block, Inc. HRB 12-Sep-19 Annual Management 3 Advisory Vote to Ratify Named Executive Officers' For For Compensation LyondellBasell Industries N.V. LYB 12-Sep-19 Special Management 1 Authorize Repurchase of Up to 10 Percent of Issued For For Share Capital LyondellBasell Industries N.V. LYB 12-Sep-19 Special Management 2 Approve the Cancellation of Shares For For Major Drilling Group International Inc. MDI 12-Sep-19 Annual Management 1.1 Elect Director Edward J. Breiner For Withhold We are holding accountable the members of the Environment, Health and Safety Committee for insufficient climate-related disclosure.

Prepared by: Public Markets Sept. 30, 2019 169 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Major Drilling Group International Inc. MDI 12-Sep-19 Annual Management 1.2 Elect Director John Burzynski For Withhold We are holding accountable the members of the Environment, Health and Safety Committee for insufficient climate-related disclosure. This director is also overboarded. Major Drilling Group International Inc. MDI 12-Sep-19 Annual Management 1.3 Elect Director Louis-Pierre Gignac For Withhold We are holding accountable the members of the Environment, Health and Safety Committee for insufficient climate-related disclosure. Major Drilling Group International Inc. MDI 12-Sep-19 Annual Management 1.4 Elect Director Kim Keating For For Major Drilling Group International Inc. MDI 12-Sep-19 Annual Management 1.5 Elect Director Denis Larocque For For Major Drilling Group International Inc. MDI 12-Sep-19 Annual Management 1.6 Elect Director Janice G. Rennie For For Major Drilling Group International Inc. MDI 12-Sep-19 Annual Management 1.7 Elect Director David B. Tennant For For Major Drilling Group International Inc. MDI 12-Sep-19 Annual Management 1.8 Elect Director Jo Mark Zurel For For Major Drilling Group International Inc. MDI 12-Sep-19 Annual Management 2 Advisory Vote on Executive Compensation For Against We are voting against this advisory vote on Approach executive compensation as the program is structured in a way that does not sufficiently align pay with performance and it lacks disclosure. Major Drilling Group International Inc. MDI 12-Sep-19 Annual Management 3 Approve Deloitte LLP as Auditors and Authorize For Withhold The auditor's tenure exceeds our guidelines. Board to Fix Their Remuneration NetApp, Inc. NTAP 12-Sep-19 Annual Management 1a Elect Director T. Michael Nevens For For NetApp, Inc. NTAP 12-Sep-19 Annual Management 1b Elect Director Gerald Held For For NetApp, Inc. NTAP 12-Sep-19 Annual Management 1c Elect Director Kathryn M. Hill For For NetApp, Inc. NTAP 12-Sep-19 Annual Management 1d Elect Director Deborah L. Kerr For For NetApp, Inc. NTAP 12-Sep-19 Annual Management 1e Elect Director George Kurian For For NetApp, Inc. NTAP 12-Sep-19 Annual Management 1f Elect Director Scott F. Schenkel For For NetApp, Inc. NTAP 12-Sep-19 Annual Management 1g Elect Director George T. Shaheen For For NetApp, Inc. NTAP 12-Sep-19 Annual Management 2 Amend Omnibus Stock Plan For Against The omnibus stock plan does not meet our guidelines. NetApp, Inc. NTAP 12-Sep-19 Annual Management 3 Amend Qualified Employee Stock Purchase Plan For For NetApp, Inc. NTAP 12-Sep-19 Annual Management 4 Advisory Vote to Ratify Named Executive Officers' For For Compensation NetApp, Inc. NTAP 12-Sep-19 Annual Management 5 Ratify Deloitte & Touche LLP as Auditors For Against The auditor's tenure exceeds our guidelines. The Kraft Heinz Company KHC 12-Sep-19 Annual Management 1a Elect Director Gregory E. Abel For For The Kraft Heinz Company KHC 12-Sep-19 Annual Management 1b Elect Director Alexandre Behring For Against We are holding the Chair of the Nomination Committee accountable for inadequate gender diversity on the board. The Kraft Heinz Company KHC 12-Sep-19 Annual Management 1c Elect Director Joao M. Castro-Neves For For The Kraft Heinz Company KHC 12-Sep-19 Annual Management 1d Elect Director Tracy Britt Cool For For The Kraft Heinz Company KHC 12-Sep-19 Annual Management 1e Elect Director John T. Cahill For For

Prepared by: Public Markets Sept. 30, 2019 170 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. The Kraft Heinz Company KHC 12-Sep-19 Annual Management 1f Elect Director Feroz Dewan For Against We are holding certain directors accountable for lack of risk oversight that led to major controversies. The Kraft Heinz Company KHC 12-Sep-19 Annual Management 1g Elect Director Jeanne P. Jackson For Against We are holding certain directors accountable for lack of risk oversight that led to major controversies. The Kraft Heinz Company KHC 12-Sep-19 Annual Management 1h Elect Director Jorge Paulo Lemann For For The Kraft Heinz Company KHC 12-Sep-19 Annual Management 1i Elect Director John C. Pope For Against We are holding certain directors accountable for lack of risk oversight that led to major controversies. The Kraft Heinz Company KHC 12-Sep-19 Annual Management 1j Elect Director Alexandre Van Damme For For The Kraft Heinz Company KHC 12-Sep-19 Annual Management 1k Elect Director George Zoghbi For Against We do not support insiders on the board other than the CEO. The Kraft Heinz Company KHC 12-Sep-19 Annual Management 2 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance, and as it lacks disclosure. The Kraft Heinz Company KHC 12-Sep-19 Annual Management 3 Ratify PricewaterhouseCoopers LLP as Auditors For Against The auditor's tenure exceeds our guidelines. The Kraft Heinz Company KHC 12-Sep-19 Annual Shareholder 4 Report on Protein Diversification Against Against Considering the company's current policies and practices, we are not supportive of this prescriptive shareholder proposal. The proponent failed to provide a strong business case for such needs.

The Kraft Heinz Company KHC 12-Sep-19 Annual Shareholder 5 Report on Efforts to Reduce Pesticide Use in the Against For Considering growing consumer concerns and Company's Supply Chain increasing regulatory pressure along with actions taken by the company's competitors, we are supportive of this proposal calling for the company to disclose efforts to reduce synthetic pesticide use in its agricultural supply chain. TURKCELL Iletisim Hizmetleri AS TCELL 12-Sep-19 Annual Management 1 Open Meeting and Elect Presiding Council of For For Meeting TURKCELL Iletisim Hizmetleri AS TCELL 12-Sep-19 Annual Management 2 Authorize Presiding Council to Sign Minutes of For For Meeting TURKCELL Iletisim Hizmetleri AS TCELL 12-Sep-19 Annual Management 3 Accept Board Report For For TURKCELL Iletisim Hizmetleri AS TCELL 12-Sep-19 Annual Management 4 Accept Audit Report For For TURKCELL Iletisim Hizmetleri AS TCELL 12-Sep-19 Annual Management 5 Accept Financial Statements For For TURKCELL Iletisim Hizmetleri AS TCELL 12-Sep-19 Annual Management 6 Approve Discharge of Board For For

Prepared by: Public Markets Sept. 30, 2019 171 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. TURKCELL Iletisim Hizmetleri AS TCELL 12-Sep-19 Annual Management 7 Approve Upper Limit of Donations for 2019 and For Against We are not supportive of this proposal as it lacks Receive Information on Donations Made in 2018 the disclosure necessary for shareholders to make an informed decision. TURKCELL Iletisim Hizmetleri AS TCELL 12-Sep-19 Annual Management 8 Amend Company Articles For For TURKCELL Iletisim Hizmetleri AS TCELL 12-Sep-19 Annual Management 9 Ratify Director Appointments and Elect Directors For Against We are voting against the slate as we believe it is important to be able to vote on the qualifications of individual directors. TURKCELL Iletisim Hizmetleri AS TCELL 12-Sep-19 Annual Management 10 Approve Director Remuneration For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. TURKCELL Iletisim Hizmetleri AS TCELL 12-Sep-19 Annual Management 11 Ratify External Auditors For Against We are voting against the appointment of the audit firm as audit fees are not disclosed. TURKCELL Iletisim Hizmetleri AS TCELL 12-Sep-19 Annual Management 12 Approve Allocation of Income For For TURKCELL Iletisim Hizmetleri AS TCELL 12-Sep-19 Annual Management 13 Grant Permission for Board Members to Engage in For For Commercial Transactions with Company and Be Involved with Companies with Similar Corporate Purpose TURKCELL Iletisim Hizmetleri AS TCELL 12-Sep-19 Annual Management 14 Receive Information on Guarantees, Pledges and None None Mortgages Provided to Third Parties TURKCELL Iletisim Hizmetleri AS TCELL 12-Sep-19 Annual Management 15 Close Meeting None None Wuxi Lead Intelligent Equipment Co., Ltd. 300450 12-Sep-19 Special Management 1 Approve Draft and Summary on Stock Option For Against The stock option incentive plan does not meet our Incentive Plan guidelines. Wuxi Lead Intelligent Equipment Co., Ltd. 300450 12-Sep-19 Special Management 2 Approve Methods to Assess the Performance of For Against The stock option incentive plan does not meet our Plan Participants guidelines. Wuxi Lead Intelligent Equipment Co., Ltd. 300450 12-Sep-19 Special Management 3 Approve Authorization of the Board to Handle All For Against The stock option incentive plan does not meet our Related Matters guidelines. LPP SA LPP 13-Sep-19 Special Management 1 Open Meeting; Elect Meeting Chairman For For LPP SA LPP 13-Sep-19 Special Management 2 Acknowledge Proper Convening of Meeting None None LPP SA LPP 13-Sep-19 Special Management 3 Approve Agenda of Meeting For For LPP SA LPP 13-Sep-19 Special Management 4 Approve Issuance of Bonds For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. LPP SA LPP 13-Sep-19 Special Management 5 Approve Merger by Absorption with Gothals Limited For For

LPP SA LPP 13-Sep-19 Special Management 6 Amend Statute Re: Corporate Purpose For For LPP SA LPP 13-Sep-19 Special Management 7 Close Meeting None None NetEase, Inc. NTES 13-Sep-19 Annual Management 1a Elect William Lei Ding as Director For For NetEase, Inc. NTES 13-Sep-19 Annual Management 1b Elect Alice Cheng as Director For For NetEase, Inc. NTES 13-Sep-19 Annual Management 1c Elect Denny Lee as Director For Against This director is overboarded.

Prepared by: Public Markets Sept. 30, 2019 172 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. NetEase, Inc. NTES 13-Sep-19 Annual Management 1d Elect Joseph Tong as Director For For NetEase, Inc. NTES 13-Sep-19 Annual Management 1e Elect Lun Feng as Director For For NetEase, Inc. NTES 13-Sep-19 Annual Management 1f Elect Michael Leung as Director For For NetEase, Inc. NTES 13-Sep-19 Annual Management 1g Elect Michael Tong as Director For Against We are voting against this director due to concerns over tenure. NetEase, Inc. NTES 13-Sep-19 Annual Management 2 Approve Appointment of PricewaterhouseCoopers For For Zhong Tian LLP as Auditor

Tatneft PJSC TATN 13-Sep-19 Special Management 1 Approve Interim Dividends for First Six Months of For For Fiscal 2019 Tatneft PJSC TATN 13-Sep-19 Special Management 1 Approve Interim Dividends for First Six Months of For For Fiscal 2019 Israel Discount Bank Ltd. DSCT 16-Sep-19 Annual Management 1 Discuss Financial Statements and the Report of the None None Board Israel Discount Bank Ltd. DSCT 16-Sep-19 Annual Management 2 Approve Dividend Distribution For For Israel Discount Bank Ltd. DSCT 16-Sep-19 Annual Management 3 Reappoint Ziv Haft & Co. and Somekh Chaikin as For Against The auditor's tenure is not disclosed. Joint Auditors and Authorize Board to Fix Their Remuneration Israel Discount Bank Ltd. DSCT 16-Sep-19 Annual Management 4.1 Elect Tamar Bar-Noy Gotlin as External Director For For Israel Discount Bank Ltd. DSCT 16-Sep-19 Annual Management 4.2 Reelect Miriam Katz as External Director For Do Not Since the board's overall independence level does Vote not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. We are not supportive of non-independent directors sitting on key board committees.

Israel Discount Bank Ltd. DSCT 16-Sep-19 Annual Management 5 Approve Temporary Compensation Policy for the For For Directors and Officers of the Company Israel Discount Bank Ltd. DSCT 16-Sep-19 Annual Management A Vote FOR if you are a controlling shareholder or None Against have a personal interest in one or several resolutions, as indicated in the proxy card; otherwise, vote AGAINST. You may not abstain. If you vote FOR, please provide an explanation to your account manager Israel Discount Bank Ltd. DSCT 16-Sep-19 Annual Management B1 If you are an Interest Holder as defined in Section 1 None Against of the Securities Law, 1968, vote FOR. Otherwise, vote against. Israel Discount Bank Ltd. DSCT 16-Sep-19 Annual Management B2 If you are a Senior Officer as defined in Section None Against 37(D) of the Securities Law, 1968, vote FOR. Otherwise, vote against.

Prepared by: Public Markets Sept. 30, 2019 173 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Israel Discount Bank Ltd. DSCT 16-Sep-19 Annual Management B3 If you are an Institutional Investor as defined in None For 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. Otherwise, vote against. Sinotrans Limited 598 16-Sep-19 Special Management 1 Approve Increase of Estimated Guarantees of the For Against We are not supportive of this proposal as it lacks Company for 2019 the disclosure necessary for shareholders to make an informed decision. Sinotrans Limited 598 16-Sep-19 Special Management 2 Approve Update of the Mandate of the Issue of For For Debt Financing Instruments Venustech Group Inc. 002439 16-Sep-19 Special Management 1 Approve to Appoint Auditor For Against We are voting against the appointment of the audit firm as audit fees are not disclosed. Yonghui Superstores Co., Ltd. 601933 16-Sep-19 Special Management 1 Approve Additional Related-party Transactions For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. Yonghui Superstores Co., Ltd. 601933 16-Sep-19 Special Management 2 Approve Appointment of Auditor and Payment of For Against The auditor's tenure is not disclosed. We are voting Remuneration against the appointment of the audit firm as audit fees are not disclosed. Yonghui Superstores Co., Ltd. 601933 16-Sep-19 Special Management 3 Approve Additional Credit Line Application For For Yonghui Superstores Co., Ltd. 601933 16-Sep-19 Special Management 4 Approve Asset Securitization Plan For For Canopy Growth Corporation WEED 17-Sep-19 Annual Management 1.1 Elect Director John K. Bell For Withhold We are holding certain directors accountable for ratifying what we believe to be problematic compensation issues. Canopy Growth Corporation WEED 17-Sep-19 Annual Management 1.2 Elect Director Robert Hanson For For Canopy Growth Corporation WEED 17-Sep-19 Annual Management 1.3 Elect Director David Klein For For Canopy Growth Corporation WEED 17-Sep-19 Annual Management 1.4 Elect Director William Newlands For Withhold This director is overboarded. Canopy Growth Corporation WEED 17-Sep-19 Annual Management 1.5 Elect Director Judy A. Schmeling For For Canopy Growth Corporation WEED 17-Sep-19 Annual Management 1.6 Elect Director Peter E. Stringham For Withhold We are holding certain directors accountable for ratifying what we believe to be problematic compensation issues. We are holding the Chair of the Governance Committee accountable for not providing an annual advisory vote on executive compensation. We are also holding this nominee accountable, as Chair of the Nomination Committee, for inadequate gender diversity on the board. Canopy Growth Corporation WEED 17-Sep-19 Annual Management 1.7 Elect Director Mark Zekulin For For

Prepared by: Public Markets Sept. 30, 2019 174 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Canopy Growth Corporation WEED 17-Sep-19 Annual Management 2 Approve KPMG LLP as Auditors and Authorize Board For For to Fix Their Remuneration Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. 002223 17-Sep-19 Special Management 1 Approve Partial Changes on the Usage of Raised For For Funds Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. 002223 17-Sep-19 Special Management 2 Approve Merger and Absorption of Wholly-owned For For Subsidiary Natura Cosmeticos SA NATU3 17-Sep-19 Special Management 1 Authorize Capitalization of Reserves and Amend For For Article 5 Accordingly Natura Cosmeticos SA NATU3 17-Sep-19 Special Management 2 Approve Increase in Authorized Capital and Amend For For Article 6 Accordingly Natura Cosmeticos SA NATU3 17-Sep-19 Special Management 3 Consolidate Bylaws For For Powszechna Kasa Oszczednosci Bank Polski SA PKO 17-Sep-19 Special Management 1 Open Meeting None None Powszechna Kasa Oszczednosci Bank Polski SA PKO 17-Sep-19 Special Management 2 Elect Meeting Chairman For For Powszechna Kasa Oszczednosci Bank Polski SA PKO 17-Sep-19 Special Management 3 Acknowledge Proper Convening of Meeting None None Powszechna Kasa Oszczednosci Bank Polski SA PKO 17-Sep-19 Special Management 4 Approve Agenda of Meeting For For Powszechna Kasa Oszczednosci Bank Polski SA PKO 17-Sep-19 Special Shareholder 5 Amend Statute None For We believe that support for this proposal is in the best interests of shareholders. Powszechna Kasa Oszczednosci Bank Polski SA PKO 17-Sep-19 Special Shareholder 6 Amend March 13, 2017, EGM, Resolution Re: None For Approve Remuneration Policy for Management Board Members Powszechna Kasa Oszczednosci Bank Polski SA PKO 17-Sep-19 Special Shareholder 7 Amend March 13, 2017, EGM, Resolution Re: None For Approve Remuneration Policy for Supervisory Board Members Powszechna Kasa Oszczednosci Bank Polski SA PKO 17-Sep-19 Special Shareholder 8 Approve Regulations on Supervisory Board None For Powszechna Kasa Oszczednosci Bank Polski SA PKO 17-Sep-19 Special Shareholder 9.1 Recall Supervisory Board Member None Against We do not believe that support for this proposal is in the best interests of shareholders. Powszechna Kasa Oszczednosci Bank Polski SA PKO 17-Sep-19 Special Shareholder 9.2 Elect Supervisory Board Member None Against We do not believe that support for this proposal is in the best interests of shareholders. Powszechna Kasa Oszczednosci Bank Polski SA PKO 17-Sep-19 Special Management 10 Close Meeting None None Alimentation Couche-Tard Inc. ATD.B 18-Sep-19 Annual Management 1 Approve PricewaterhouseCoopers LLP as Auditors For For and Authorize Board to Fix Their Remuneration Alimentation Couche-Tard Inc. ATD.B 18-Sep-19 Annual Management 2.1 Elect Director Alain Bouchard For For Alimentation Couche-Tard Inc. ATD.B 18-Sep-19 Annual Management 2.2 Elect Director Melanie Kau For For Alimentation Couche-Tard Inc. ATD.B 18-Sep-19 Annual Management 2.3 Elect Director Jean Bernier For Withhold Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Alimentation Couche-Tard Inc. ATD.B 18-Sep-19 Annual Management 2.4 Elect Director Nathalie Bourque For For Alimentation Couche-Tard Inc. ATD.B 18-Sep-19 Annual Management 2.5 Elect Director Eric Boyko For For

Prepared by: Public Markets Sept. 30, 2019 175 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Alimentation Couche-Tard Inc. ATD.B 18-Sep-19 Annual Management 2.6 Elect Director Jacques D'Amours For For Alimentation Couche-Tard Inc. ATD.B 18-Sep-19 Annual Management 2.7 Elect Director Richard Fortin For For Alimentation Couche-Tard Inc. ATD.B 18-Sep-19 Annual Management 2.8 Elect Director Brian Hannasch For For Alimentation Couche-Tard Inc. ATD.B 18-Sep-19 Annual Management 2.9 Elect Director Marie Josee Lamothe For For Alimentation Couche-Tard Inc. ATD.B 18-Sep-19 Annual Management 2.10 Elect Director Monique F. Leroux For For Alimentation Couche-Tard Inc. ATD.B 18-Sep-19 Annual Management 2.11 Elect Director Real Plourde For For Alimentation Couche-Tard Inc. ATD.B 18-Sep-19 Annual Management 2.12 Elect Director Daniel Rabinowicz For For Alimentation Couche-Tard Inc. ATD.B 18-Sep-19 Annual Management 2.13 Elect Director Louis Tetu For For Alimentation Couche-Tard Inc. ATD.B 18-Sep-19 Annual Management 3 Advisory Vote on Executive Compensation For Against We are voting against this advisory vote on Approach executive compensation as the program lacks disclosure. China International Travel Service Corp. Ltd. 601888 18-Sep-19 Special Shareholder 1.1 Elect Chen Guoqiang as Non-Independent Director For For

China International Travel Service Corp. Ltd. 601888 18-Sep-19 Special Shareholder 1.2 Elect Xue Jun as Non-Independent Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Darden Restaurants, Inc. DRI 18-Sep-19 Annual Management 1.1 Elect Director Margaret Shan Atkins For For Darden Restaurants, Inc. DRI 18-Sep-19 Annual Management 1.2 Elect Director James P. Fogarty For For Darden Restaurants, Inc. DRI 18-Sep-19 Annual Management 1.3 Elect Director Cynthia T. Jamison For For Darden Restaurants, Inc. DRI 18-Sep-19 Annual Management 1.4 Elect Director Eugene I. (Gene) Lee, Jr. For For Darden Restaurants, Inc. DRI 18-Sep-19 Annual Management 1.5 Elect Director Nana Mensah For For Darden Restaurants, Inc. DRI 18-Sep-19 Annual Management 1.6 Elect Director William S. Simon For For Darden Restaurants, Inc. DRI 18-Sep-19 Annual Management 1.7 Elect Director Charles M. (Chuck) Sonsteby For For Darden Restaurants, Inc. DRI 18-Sep-19 Annual Management 1.8 Elect Director Timothy J. Wilmott For For Darden Restaurants, Inc. DRI 18-Sep-19 Annual Management 2 Advisory Vote to Ratify Named Executive Officers' For For Compensation Darden Restaurants, Inc. DRI 18-Sep-19 Annual Management 3 Ratify KPMG LLP as Auditors For Against The auditor's tenure exceeds our guidelines. DaShenLin Pharmaceutical Group Co., Ltd. 603233 18-Sep-19 Special Management 1 Approve Expansion of Business Scope For For DaShenLin Pharmaceutical Group Co., Ltd. 603233 18-Sep-19 Special Management 2 Approve Amendments to Articles of Association For For Games Workshop Group Plc GAW 18-Sep-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Games Workshop Group Plc GAW 18-Sep-19 Annual Management 2 Re-elect Kevin Rountree as Director For For Games Workshop Group Plc GAW 18-Sep-19 Annual Management 3 Re-elect Rachel Tongue as Director For Against We do not support insiders on the board other than the CEO. Games Workshop Group Plc GAW 18-Sep-19 Annual Management 4 Re-elect Nick Donaldson as Director For For Games Workshop Group Plc GAW 18-Sep-19 Annual Management 5 Re-elect Elaine O'Donnell as Director For For Games Workshop Group Plc GAW 18-Sep-19 Annual Management 6 Re-elect John Brewis as Director For For Games Workshop Group Plc GAW 18-Sep-19 Annual Management 7 Elect Kate Marsh as Director For For Games Workshop Group Plc GAW 18-Sep-19 Annual Management 8 Reappoint PricewaterhouseCoopers LLP as Auditors For For

Prepared by: Public Markets Sept. 30, 2019 176 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Games Workshop Group Plc GAW 18-Sep-19 Annual Management 9 Authorise Board to Fix Remuneration of Auditors For For Games Workshop Group Plc GAW 18-Sep-19 Annual Management 10 Approve Remuneration Report For For Games Workshop Group Plc GAW 18-Sep-19 Annual Management 11 Authorise Issue of Equity For For Games Workshop Group Plc GAW 18-Sep-19 Annual Management 12 Authorise Issue of Equity without Pre-emptive For For Rights Games Workshop Group Plc GAW 18-Sep-19 Annual Management 13 Authorise Market Purchase of Ordinary Shares For For NICE Ltd. (Israel) NICE 18-Sep-19 Annual Management 1.1 Reelect David Kostman as Director For Against We are voting against this director due to concerns over tenure. NICE Ltd. (Israel) NICE 18-Sep-19 Annual Management 1.2 Reelect Rimon Ben-Shaoul as Director For Against We are voting against this director due to concerns over tenure. NICE Ltd. (Israel) NICE 18-Sep-19 Annual Management 1.3 Reelect Yehoshua (Shuki) Ehrlich as Director For For NICE Ltd. (Israel) NICE 18-Sep-19 Annual Management 1.4 Reelect Leo Apotheker as Director For For NICE Ltd. (Israel) NICE 18-Sep-19 Annual Management 1.5 Reelect Joseph (Joe) Cowan as Director For For NICE Ltd. (Israel) NICE 18-Sep-19 Annual Management 2.1 Reelect Dan Falk as External Director For Against We are voting against this director due to concerns over tenure. NICE Ltd. (Israel) NICE 18-Sep-19 Annual Management 2.2 Reelect Yocheved Dvir as External Director For For NICE Ltd. (Israel) NICE 18-Sep-19 Annual Management 3 Approve Amendments to the Equity-Based For Against The omnibus stock plan does not meet our Compensation for Executive guidelines. NICE Ltd. (Israel) NICE 18-Sep-19 Annual Management 4 Approve Amendments to the Equity-Based For Against We do not support the granting of stock options to Compensation for Non-Executive Directors non-executive directors (NEDs).The stock option plan does not meet our guidelines. NICE Ltd. (Israel) NICE 18-Sep-19 Annual Management 5 Reappoint Kost Forer Gabay & Kasierer as Auditors For Against The auditor's tenure exceeds our guidelines.We are and Authorize Board to Fix Their Remuneration voting against the appointment of the audit firm as the non-audit fees exceed our guidelines. NICE Ltd. (Israel) NICE 18-Sep-19 Annual Management 6 Discuss Financial Statements and the Report of the None None Board for 2016 NICE Ltd. (Israel) NICE 18-Sep-19 Annual Management A Vote FOR if you are a controlling shareholder or None Against have a personal interest in one or several resolutions, as indicated in the proxy card; otherwise, vote AGAINST. You may not abstain. If you vote FOR, please provide an explanation to your account manager NICE Ltd. (Israel) NICE 18-Sep-19 Annual Management B1 If you are an Interest Holder as defined in Section 1 None Against of the Securities Law, 1968, vote FOR. Otherwise, vote against. NICE Ltd. (Israel) NICE 18-Sep-19 Annual Management B2 If you are a Senior Officer as defined in Section None Against 37(D) of the Securities Law, 1968, vote FOR. Otherwise, vote against.

Prepared by: Public Markets Sept. 30, 2019 177 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. NICE Ltd. (Israel) NICE 18-Sep-19 Annual Management B3 If you are an Institutional Investor as defined in None For 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. Otherwise, vote against. Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 1 Dismiss Directors and Fiscal Council Member For For Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 2 Do You Wish to Adopt Cumulative Voting for the None Against Election of the Members of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law? Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 3.1 Elect Edy Luiz Kogut as Director For For Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 3.2 Elect Alexandre Firme Carneiro as Director For For Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 3.3 Elect Maria Carolina Lacerda as Director For For Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 3.4 Elect Carlos Augusto Leone Piani as Director For For Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 3.5 Elect Claudio Roberto Ely as Director For For Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 3.6 Elect Leonel Dias de Andrade Neto as Director For For Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 3.7 Elect Mateus Affonso Bandeira as Director For For Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 3.8 Elect Pedro Santos Ripper as Director For For Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 3.9 Elect Ricardo Carvalho Maia as Director For For Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 4 In Case Cumulative Voting Is Adopted, Do You Wish None Abstain to Equally Distribute Your Votes Amongst the Nominees below? Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 5.1 Percentage of Votes to Be Assigned - Elect Edy Luiz None Abstain Kogut as Director Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 5.2 Percentage of Votes to Be Assigned - Elect None Abstain Alexandre Firme Carneiro as Director Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 5.3 Percentage of Votes to Be Assigned - Elect Maria None Abstain Carolina Lacerda as Director Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 5.4 Percentage of Votes to Be Assigned - Elect Carlos None Abstain Augusto Leone Piani as Director Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 5.5 Percentage of Votes to Be Assigned - Elect Claudio None Abstain Roberto Ely as Director Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 5.6 Percentage of Votes to Be Assigned - Elect Leonel None Abstain Dias de Andrade Neto as Director Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 5.7 Percentage of Votes to Be Assigned - Elect Mateus None Abstain Affonso Bandeira as Director Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 5.8 Percentage of Votes to Be Assigned - Elect Pedro None Abstain Santos Ripper as Director

Prepared by: Public Markets Sept. 30, 2019 178 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 5.9 Percentage of Votes to Be Assigned - Elect Ricardo None Abstain Carvalho Maia as Director Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 6 Elect Fiscal Council Member For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 7 Elect Edy Luiz Kogut as Board Chairman None For Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 8 Elect Alexandre Firme Carneiro as Board Chairman None Abstain

Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 9 Elect Maria Carolina Lacerda as Board Chairman None Abstain Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 10 Elect Carlos Augusto Leone Piani as Board Chairman None Abstain

Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 11 Elect Claudio Roberto Ely as Board Chairman None Abstain Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 12 Elect Leonel Dias de Andrade Neto as Board None Abstain Chairman Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 13 Elect Mateus Affonso Bandeira as Board Chairman None Abstain

Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 14 Elect Pedro Santos Ripper as Board Chairman None Abstain Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 15 Elect Ricardo Carvalho Maia as Board Chairman None Abstain Petrobras Distribuidora SA BRDT3 18-Sep-19 Special Management 16 Amend Remuneration of Company's Management For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. Take-Two Interactive Software, Inc. TTWO 18-Sep-19 Annual Management 1.1 Elect Director Strauss Zelnick For For Take-Two Interactive Software, Inc. TTWO 18-Sep-19 Annual Management 1.2 Elect Director Michael Dornemann For For Take-Two Interactive Software, Inc. TTWO 18-Sep-19 Annual Management 1.3 Elect Director J Moses For Against We are holding the Chair of the Nomination Committee accountable for not having addressed the CEO's overboarding. Take-Two Interactive Software, Inc. TTWO 18-Sep-19 Annual Management 1.4 Elect Director Michael Sheresky For For Take-Two Interactive Software, Inc. TTWO 18-Sep-19 Annual Management 1.5 Elect Director LaVerne Srinivasan For For Take-Two Interactive Software, Inc. TTWO 18-Sep-19 Annual Management 1.6 Elect Director Susan Tolson For For Take-Two Interactive Software, Inc. TTWO 18-Sep-19 Annual Management 1.7 Elect Director Paul Viera For For Take-Two Interactive Software, Inc. TTWO 18-Sep-19 Annual Management 1.8 Elect Director Roland Hernandez For For Take-Two Interactive Software, Inc. TTWO 18-Sep-19 Annual Management 2 Advisory Vote to Ratify Named Executive Officers' For For Compensation Take-Two Interactive Software, Inc. TTWO 18-Sep-19 Annual Management 3 Ratify Ernst & Young LLP as Auditors For Against We are voting against the appointment of the audit firm as the non-audit fees exceed our guidelines.

Prepared by: Public Markets Sept. 30, 2019 179 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. AGL Energy Limited AGL 19-Sep-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance. AGL Energy Limited AGL 19-Sep-19 Annual Management 3a Elect Jacqueline Hey as Director For For AGL Energy Limited AGL 19-Sep-19 Annual Management 3b Elect Diane Smith-Gander as Director For For AGL Energy Limited AGL 19-Sep-19 Annual Management 3c Elect Patricia McKenzie as Director For For AGL Energy Limited AGL 19-Sep-19 Annual Management 4 Approve Grant of Performance Rights under the For Against The grant of performance share rights does not AGL Long Term Incentive Plan to Brett Redman meet our guidelines. AGL Energy Limited AGL 19-Sep-19 Annual Shareholder 5a Approve the Amendments to the Company's Against Against We do not believe that support for this proposal is Constitution in the best interests of shareholders. AGL Energy Limited AGL 19-Sep-19 Annual Shareholder 5b Approve Transition Planning Disclosure Against For We are supporting this shareholder proposal calling for additional disclosure related to the company's environmental risk assessment processes and exposure to climate change risks. Additional disclosure helps investors better assess how environmental risks can affect a company's activities and longer-term financial results. AGL Energy Limited AGL 19-Sep-19 Annual Shareholder 6 Approve Public Health Risks of Coal Operations Against For We are supporting this shareholder proposal calling for additional disclosure related to the company's environmental risk assessment processes and exposure to climate change risks. Additional disclosure helps investors better assess how environmental risks can affect a company's activities and longer-term financial results. Alibaba Pictures Group Limited 1060 19-Sep-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Alibaba Pictures Group Limited 1060 19-Sep-19 Special Management 1 Approve Framework Agreement, Annual Caps and For For Related Transactions Alibaba Pictures Group Limited 1060 19-Sep-19 Annual Management 2.1a Elect Fan Luyuan as Director For Against We are not supportive of non-independent directors sitting on key board committees.We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Alibaba Pictures Group Limited 1060 19-Sep-19 Annual Management 2.1b Elect Meng Jun as Director For Against We do not support insiders on the board other than the CEO and Executive Chair.

Prepared by: Public Markets Sept. 30, 2019 180 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Alibaba Pictures Group Limited 1060 19-Sep-19 Annual Management 2.1c Elect Zhang Yu as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Alibaba Pictures Group Limited 1060 19-Sep-19 Annual Management 2.1d Elect Chang Yang as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Alibaba Pictures Group Limited 1060 19-Sep-19 Annual Management 2.1e Elect Tong Xiaomeng as Director For For Alibaba Pictures Group Limited 1060 19-Sep-19 Annual Management 2.1f Elect Johnny Chen as Director For For Alibaba Pictures Group Limited 1060 19-Sep-19 Annual Management 2.2 Authorize Board to Fix Remuneration of Directors For For Alibaba Pictures Group Limited 1060 19-Sep-19 Annual Management 3 Approve PricewaterhouseCoopers as Auditor and For For Authorize Board to Fix Their Remuneration Alibaba Pictures Group Limited 1060 19-Sep-19 Annual Management 4 Approve Issuance of Equity or Equity-Linked For Against We do not support this general purpose share Securities without Preemptive Rights issuance due to dilution and as it lacks pre-emptive rights. Alibaba Pictures Group Limited 1060 19-Sep-19 Annual Management 5 Authorize Repurchase of Issued Share Capital For For Alibaba Pictures Group Limited 1060 19-Sep-19 Annual Management 6 Authorize Reissuance of Repurchased Shares For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Auto Trader Group Plc AUTO 19-Sep-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Auto Trader Group Plc AUTO 19-Sep-19 Annual Management 2 Approve Remuneration Report For For Auto Trader Group Plc AUTO 19-Sep-19 Annual Management 3 Approve Final Dividend For For Auto Trader Group Plc AUTO 19-Sep-19 Annual Management 4 Re-elect Ed Williams as Director For For Auto Trader Group Plc AUTO 19-Sep-19 Annual Management 5 Re-elect Trevor Mather as Director For For Auto Trader Group Plc AUTO 19-Sep-19 Annual Management 6 Re-elect Nathan Coe as Director For Against We do not support insiders on the board other than the CEO. Auto Trader Group Plc AUTO 19-Sep-19 Annual Management 7 Re-elect David Keens as Director For For Auto Trader Group Plc AUTO 19-Sep-19 Annual Management 8 Re-elect Jill Easterbrook as Director For For Auto Trader Group Plc AUTO 19-Sep-19 Annual Management 9 Re-elect Jeni Mundy as Director For For Auto Trader Group Plc AUTO 19-Sep-19 Annual Management 10 Elect Catherine Faiers as Director For Against We do not support insiders on the board other than the CEO. Auto Trader Group Plc AUTO 19-Sep-19 Annual Management 11 Reappoint KPMG LLP as Auditors For For Auto Trader Group Plc AUTO 19-Sep-19 Annual Management 12 Authorise Board to Fix Remuneration of Auditors For For Auto Trader Group Plc AUTO 19-Sep-19 Annual Management 13 Authorise Issue of Equity For For Auto Trader Group Plc AUTO 19-Sep-19 Annual Management 14 Authorise Issue of Equity without Pre-emptive For For Rights

Prepared by: Public Markets Sept. 30, 2019 181 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Auto Trader Group Plc AUTO 19-Sep-19 Annual Management 15 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Specified Capital Investment Auto Trader Group Plc AUTO 19-Sep-19 Annual Management 16 Authorise Market Purchase of Ordinary Shares For For Auto Trader Group Plc AUTO 19-Sep-19 Annual Management 17 Authorise the Company to Call General Meeting For For with Two Weeks' Notice Conagra Brands, Inc. CAG 19-Sep-19 Annual Management 1a Elect Director Anil Arora For For Conagra Brands, Inc. CAG 19-Sep-19 Annual Management 1b Elect Director Thomas "Tony" K. Brown For For Conagra Brands, Inc. CAG 19-Sep-19 Annual Management 1c Elect Director Stephen G. Butler For For Conagra Brands, Inc. CAG 19-Sep-19 Annual Management 1d Elect Director Sean M. Connolly For For Conagra Brands, Inc. CAG 19-Sep-19 Annual Management 1e Elect Director Joie A. Gregor For For Conagra Brands, Inc. CAG 19-Sep-19 Annual Management 1f Elect Director Rajive Johri For For Conagra Brands, Inc. CAG 19-Sep-19 Annual Management 1g Elect Director Richard H. Lenny For For Conagra Brands, Inc. CAG 19-Sep-19 Annual Management 1h Elect Director Melissa Lora For For Conagra Brands, Inc. CAG 19-Sep-19 Annual Management 1i Elect Director Ruth Ann Marshall For For Conagra Brands, Inc. CAG 19-Sep-19 Annual Management 1j Elect Director Craig P. Omtvedt For For Conagra Brands, Inc. CAG 19-Sep-19 Annual Management 1k Elect Director Scott Ostfeld For For Conagra Brands, Inc. CAG 19-Sep-19 Annual Management 2 Ratify KPMG LLP as Auditors For For Conagra Brands, Inc. CAG 19-Sep-19 Annual Management 3 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance. Daewoo Engineering & Construction Co. Ltd. 047040 19-Sep-19 Special Management 1 Elect One Inside Director and One Outside Director For Against We are voting against the slate as we believe it is (Bundled) important to be able to vote on the qualifications of individual directors. Daewoo Engineering & Construction Co. Ltd. 047040 19-Sep-19 Special Management 2 Amend Articles of Incorporation For For Diageo Plc DGE 19-Sep-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Diageo Plc DGE 19-Sep-19 Annual Management 2 Approve Remuneration Report For For Diageo Plc DGE 19-Sep-19 Annual Management 3 Approve Final Dividend For For Diageo Plc DGE 19-Sep-19 Annual Management 4 Elect Debra Crew as Director For For Diageo Plc DGE 19-Sep-19 Annual Management 5 Re-elect Lord Davies as Director For For Diageo Plc DGE 19-Sep-19 Annual Management 6 Re-elect Javier Ferran as Director For For Diageo Plc DGE 19-Sep-19 Annual Management 7 Re-elect Susan Kilsby as Director For For Diageo Plc DGE 19-Sep-19 Annual Management 8 Re-elect Ho KwonPing as Director For Against This director is overboarded. Diageo Plc DGE 19-Sep-19 Annual Management 9 Re-elect Nicola Mendelsohn as Director For For Diageo Plc DGE 19-Sep-19 Annual Management 10 Re-elect Ivan Menezes as Director For For Diageo Plc DGE 19-Sep-19 Annual Management 11 Re-elect Kathryn Mikells as Director For Against We do not support insiders on the board other than the CEO.

Prepared by: Public Markets Sept. 30, 2019 182 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Diageo Plc DGE 19-Sep-19 Annual Management 12 Re-elect Alan Stewart as Director For For Diageo Plc DGE 19-Sep-19 Annual Management 13 Reappoint PricewaterhouseCoopers LLP as Auditors For For

Diageo Plc DGE 19-Sep-19 Annual Management 14 Authorise the Audit Committee to Fix Remuneration For For of Auditors Diageo Plc DGE 19-Sep-19 Annual Management 15 Authorise EU Political Donations and Expenditure For For Diageo Plc DGE 19-Sep-19 Annual Management 16 Authorise Issue of Equity For For Diageo Plc DGE 19-Sep-19 Annual Management 17 Approve Irish Sharesave Scheme For Against The employee stock purchase plan does not meet our guidelines. Diageo Plc DGE 19-Sep-19 Annual Management 18 Authorise Issue of Equity without Pre-emptive For For Rights Diageo Plc DGE 19-Sep-19 Annual Management 19 Authorise Market Purchase of Ordinary Shares For For Diageo Plc DGE 19-Sep-19 Annual Management 20 Authorise the Company to Call General Meeting For For with Two Weeks' Notice Diageo Plc DGE 19-Sep-19 Annual Management 21 Adopt New Articles of Association For For IG Group Holdings Plc IGG 19-Sep-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

IG Group Holdings Plc IGG 19-Sep-19 Annual Management 2 Approve Remuneration Report For For IG Group Holdings Plc IGG 19-Sep-19 Annual Management 3 Approve Final Dividend For For IG Group Holdings Plc IGG 19-Sep-19 Annual Management 4 Re-elect June Felix as Director For For IG Group Holdings Plc IGG 19-Sep-19 Annual Management 5 Re-elect Stephen Hill as Director For For IG Group Holdings Plc IGG 19-Sep-19 Annual Management 6 Re-elect Malcolm Le May as Director For For IG Group Holdings Plc IGG 19-Sep-19 Annual Management 7 Re-elect Paul Mainwaring as Director For Against We do not support insiders on the board other than the CEO. IG Group Holdings Plc IGG 19-Sep-19 Annual Management 8 Re-elect Bridget Messer as Director For Against We do not support insiders on the board other than the CEO. IG Group Holdings Plc IGG 19-Sep-19 Annual Management 9 Re-elect Jim Newman as Director For For IG Group Holdings Plc IGG 19-Sep-19 Annual Management 10 Re-elect Jon Noble as Director For Against We do not support insiders on the board other than the CEO. IG Group Holdings Plc IGG 19-Sep-19 Annual Management 11 Elect Sally-Ann Hibberd as Director For For IG Group Holdings Plc IGG 19-Sep-19 Annual Management 12 Elect Jonathan Moulds as Director For For IG Group Holdings Plc IGG 19-Sep-19 Annual Management 13 Reappoint PricewaterhouseCoopers LLP as Auditors For For

IG Group Holdings Plc IGG 19-Sep-19 Annual Management 14 Authorise the Audit Committee to Fix Remuneration For For of Auditors IG Group Holdings Plc IGG 19-Sep-19 Annual Management 15 Authorise Issue of Equity For For IG Group Holdings Plc IGG 19-Sep-19 Annual Management 16 Authorise Issue of Equity without Pre-emptive For For Rights

Prepared by: Public Markets Sept. 30, 2019 183 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. IG Group Holdings Plc IGG 19-Sep-19 Annual Management 17 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment IG Group Holdings Plc IGG 19-Sep-19 Annual Management 18 Authorise Market Purchase of Ordinary Shares For For IG Group Holdings Plc IGG 19-Sep-19 Annual Management 19 Authorise the Company to Call General Meeting For For with Two Weeks' Notice IRB Brasil Resseguros SA IRBR3 19-Sep-19 Special Management 1 Elect Thais Ricarte Peters as Alternate Director For For IRB Brasil Resseguros SA IRBR3 19-Sep-19 Special Management 2 Elect Otavio Ladeira de Medeiros as Fiscal Council For For Member IRB Brasil Resseguros SA IRBR3 19-Sep-19 Special Management 3 Approve 3-for-1 Stock Split For For IRB Brasil Resseguros SA IRBR3 19-Sep-19 Special Management 4 Amend Article 5 to Reflect Changes in Capital For For NIKE, Inc. NKE 19-Sep-19 Annual Management 1.1 Elect Director Alan B. Graf, Jr. For For NIKE, Inc. NKE 19-Sep-19 Annual Management 1.2 Elect Director Peter B. Henry For For NIKE, Inc. NKE 19-Sep-19 Annual Management 1.3 Elect Director Michelle A. Peluso For For NIKE, Inc. NKE 19-Sep-19 Annual Management 2 Advisory Vote to Ratify Named Executive Officers' For For Compensation NIKE, Inc. NKE 19-Sep-19 Annual Management 3 Ratify PricewaterhouseCoopers LLP as Auditors For Against The auditor's tenure exceeds our guidelines. Globaltrans Investment Plc GLTR 20-Sep-19 Special Management 1 Elect Vasilis P. Hadjivassiliou as Director and For For Approve His Remuneration Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. 002304 20-Sep-19 Special Management 1 Approve Amendments to Articles of Association For For NAVER Corp. 035420 20-Sep-19 Special Management 1 Approve Spin-Off Agreement For For WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 1 Approve 2019 A Share Incentive Plan For Against The share incentive plan does not meet our guidelines. WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 1 Approve 2019 A Share Incentive Plan For Against The share incentive plan does not meet our guidelines. WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 1 Approve Amendments to the Business Scope For For WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 1 Approve 2019 A Share Incentive Plan For Against The share incentive plan does not meet our guidelines. WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 2 Approve Grant of Restricted A Shares to the For Against The share incentive plan does not meet our Connected Participants guidelines. WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 2 Approve Grant of Restricted A Shares to the For Against The share incentive plan does not meet our Connected Participants guidelines. WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 2 Approve 2019 A Share Incentive Plan For Against The share incentive plan does not meet our guidelines. WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 2 Approve Grant of Restricted A Shares to the For Against The share incentive plan does not meet our Connected Participants guidelines. WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 3 Approve List of Grantees Under the Initial Grant of For Against The share incentive plan does not meet our the 2019 A Share Incentive Plan guidelines.

Prepared by: Public Markets Sept. 30, 2019 184 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 3 Approve List of Grantees Under the Initial Grant of For Against The share incentive plan does not meet our the 2019 A Share Incentive Plan guidelines. WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 3 Approve Grant of Restricted A Shares to the For Against The share incentive plan does not meet our Connected Participants guidelines. WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 3 Approve List of Grantees Under the Initial Grant of For Against The share incentive plan does not meet our the 2019 A Share Incentive Plan guidelines. WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 4 Approve 2019 Share Appreciation Scheme For For WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 4 Approve Adoption of the Administrative Measures For Against The share incentive plan does not meet our for Appraisal System of the 2019 Share Incentive guidelines. Schemes WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 4 Approve List of Grantees Under the Initial Grant of For Against The share incentive plan does not meet our the 2019 A Share Incentive Plan guidelines. WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 4 Approve Adoption of the Administrative Measures For Against The share incentive plan does not meet our for Appraisal System of the 2019 Share Incentive guidelines. Schemes WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 5 Approve Adoption of the Administrative Measures For Against The share incentive plan does not meet our for Appraisal System of the 2019 Share Incentive guidelines. Schemes WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 5 Authorize Board to Handle Matters Pertaining to For Against The share incentive plan does not meet our the 2019 Share Incentive Schemes guidelines. WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 5 Approve 2019 Share Appreciation Scheme For For WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 5 Authorize Board to Handle Matters Pertaining to For Against The share incentive plan does not meet our the 2019 Share Incentive Schemes guidelines. WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 6 Authorize Board to Handle Matters Pertaining to For Against The share incentive plan does not meet our the 2019 Share Incentive Schemes guidelines. WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 6 Approve Adoption of the Administrative Measures For Against The share incentive plan does not meet our for Appraisal System of the 2019 Share Incentive guidelines. Schemes WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 7 Approve Change of Registered Capital For For WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 7 Authorize Board to Handle Matters Pertaining to For Against The share incentive plan does not meet our the 2019 Share Incentive Schemes guidelines. WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 8 Approve Amendments to the Business Scope For For WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 8 Approve Change of Registered Capital For For WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 9 Amend Articles of Association For For WuXi AppTec Co., Ltd. 2359 20-Sep-19 Special Management 9 Amend Articles of Association For For HCL Technologies Limited 532281 21-Sep-19 Court Management 1 Approve Scheme of Arrangement and For For Amalgamation FedEx Corporation FDX 23-Sep-19 Annual Management 1.1 Elect Director John A. Edwardson For For FedEx Corporation FDX 23-Sep-19 Annual Management 1.2 Elect Director Marvin R. Ellison For For

Prepared by: Public Markets Sept. 30, 2019 185 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. FedEx Corporation FDX 23-Sep-19 Annual Management 1.3 Elect Director Susan Patricia Griffith For For FedEx Corporation FDX 23-Sep-19 Annual Management 1.4 Elect Director John C. (Chris) Inglis For For FedEx Corporation FDX 23-Sep-19 Annual Management 1.5 Elect Director Kimberly A. Jabal For For FedEx Corporation FDX 23-Sep-19 Annual Management 1.6 Elect Director Shirley Ann Jackson For For FedEx Corporation FDX 23-Sep-19 Annual Management 1.7 Elect Director R. Brad Martin For For FedEx Corporation FDX 23-Sep-19 Annual Management 1.8 Elect Director Joshua Cooper Ramo For For FedEx Corporation FDX 23-Sep-19 Annual Management 1.9 Elect Director Susan C. Schwab For For FedEx Corporation FDX 23-Sep-19 Annual Management 1.10 Elect Director Frederick W. Smith For For FedEx Corporation FDX 23-Sep-19 Annual Management 1.11 Elect Director David P. Steiner For For FedEx Corporation FDX 23-Sep-19 Annual Management 1.12 Elect Director Paul S. Walsh For Against We are voting against this director due to concerns over tenure. FedEx Corporation FDX 23-Sep-19 Annual Management 2 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance. FedEx Corporation FDX 23-Sep-19 Annual Management 3 Approve Omnibus Stock Plan For Against The omnibus stock plan does not meet our guidelines. FedEx Corporation FDX 23-Sep-19 Annual Management 4 Ratify Ernst & Young LLP as Auditors For For FedEx Corporation FDX 23-Sep-19 Annual Shareholder 5 Report on Lobbying Payments and Policy Against For We support this shareholder proposal calling for improved disclosure of political contributions and information on trade association affiliations as it would provide investors with additional information to assess related risks and benefits of such contributions. FedEx Corporation FDX 23-Sep-19 Annual Shareholder 6 Report on Employee Representation on the Board Against Against The proponent has failed to convince us that a of Directors report on employee representation would be in the best interests of shareholders. Grandblue Environment Co., Ltd. 600323 23-Sep-19 Special Management 1 Approve to Appoint Auditor For For ITC Limited 500875 23-Sep-19 Special Management 1 Elect Ajit Kumar Seth as Director For For ITC Limited 500875 23-Sep-19 Special Management 2 Elect Anand Nayak as Director For For ITC Limited 500875 23-Sep-19 Special Management 3 Approve Variation in Terms of Remuneration For For Payable to Chairman & Managing Director and Wholetime Directors Santander Bank Polska SA SPL 23-Sep-19 Special Management 1 Open Meeting None None Santander Bank Polska SA SPL 23-Sep-19 Special Management 2 Elect Meeting Chairman For For Santander Bank Polska SA SPL 23-Sep-19 Special Management 3 Acknowledge Proper Convening of Meeting None None Santander Bank Polska SA SPL 23-Sep-19 Special Management 4 Approve Agenda of Meeting For For Santander Bank Polska SA SPL 23-Sep-19 Special Management 5 Receive Information on Division of Santander None None Securities SA

Prepared by: Public Markets Sept. 30, 2019 186 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Santander Bank Polska SA SPL 23-Sep-19 Special Management 6 Approve Division of Santander Securities SA by For For Tranferring Organized Part of Enterprise to Santander Bank Polska SA and Santander Finanse sp. z o.o. Santander Bank Polska SA SPL 23-Sep-19 Special Management 7 Elect Supervisory Board Member For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. Santander Bank Polska SA SPL 23-Sep-19 Special Management 8 Approve Sale of Organized Part of Enterprise For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. Santander Bank Polska SA SPL 23-Sep-19 Special Management 9 Receive Information on Changes of Suitability None None Assessment Policy for Supervisory Board Members

Santander Bank Polska SA SPL 23-Sep-19 Special Management 10 Amend Statute For Against We are not supportive of this proposal as it lacks the disclosure necessary for shareholders to make an informed decision. Santander Bank Polska SA SPL 23-Sep-19 Special Management 11 Approve Remuneration of Newly Elected For Against We are not supportive of this proposal as it lacks Supervisory Board Member; Amend May 17, 2019, the disclosure necessary for shareholders to make AGM Resolution Re: Approve Remuneration of an informed decision. Supervisory Board Members Santander Bank Polska SA SPL 23-Sep-19 Special Management 12 Close Meeting None None Spring Airlines Co., Ltd. 601021 23-Sep-19 Special Management 1 Approve Framework Agreement for Related-party For For Transactions Spring Airlines Co., Ltd. 601021 23-Sep-19 Special Management 2 Approve Draft and Summary of the Employee Share For For Purchase Plan Spring Airlines Co., Ltd. 601021 23-Sep-19 Special Management 3 Approve Management System of Employee Share For For Purchase Plan Spring Airlines Co., Ltd. 601021 23-Sep-19 Special Management 4 Approve Authorization of the Board to Handle All For For Matters Related to Employee Share Purchase Plan

TMB Bank Public Company Limited TMB 23-Sep-19 Special Management 1 Acknowledge Merger and the Entire Business For For Transfer TMB Bank Public Company Limited TMB 23-Sep-19 Special Management 2 Approve Purchase of TBANK's Total Shares For For TMB Bank Public Company Limited TMB 23-Sep-19 Special Management 3 Approve Reduction in Registered Capital and Amend For For Memorandum of Association to Reflect Reduction in Registered Capital TMB Bank Public Company Limited TMB 23-Sep-19 Special Management 4 Approve Increase in Registered Capital and Amend For For Memorandum of Association to Reflect Increase in Registered Capital

Prepared by: Public Markets Sept. 30, 2019 187 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. TMB Bank Public Company Limited TMB 23-Sep-19 Special Management 5 Approve Issuance of Transferable Subscription For For Rights TMB Bank Public Company Limited TMB 23-Sep-19 Special Management 6.1 Approve Allocation of New Ordinary Shares for the For For Exercise of Transferable Subscription Rights TMB Bank Public Company Limited TMB 23-Sep-19 Special Management 6.2 Approve Allocation of New Ordinary Shares to a For For Specific Investor on a Private Placement TMB Bank Public Company Limited TMB 23-Sep-19 Special Management 6.3 Approve Allocation of New Ordinary Shares to For For Existing Shareholders TMB Bank Public Company Limited TMB 23-Sep-19 Special Management 6.4 Approve Allocation of New Ordinary Shares to For For Executives and Employees Under the Stock Retention Program TMB Bank Public Company Limited TMB 23-Sep-19 Special Management 7 Other Business For Against We are voting against this proposal to conduct 'other business' at the shareholder meeting as it puts non-attending shareholders voting by proxy at a disadvantage. Zhejiang Supor Co., Ltd. 002032 23-Sep-19 Special Management 1 Approve Interim Profit Distribution For For Zhejiang Supor Co., Ltd. 002032 23-Sep-19 Special Management 2.1 Approve Purpose and Usage of Share Repurchase For Against The proposed share repurchase program does not Plan have sufficient limits to protect existing shareholders. Zhejiang Supor Co., Ltd. 002032 23-Sep-19 Special Management 2.2 Approve Manner of Share Repurchase For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Zhejiang Supor Co., Ltd. 002032 23-Sep-19 Special Management 2.3 Approve Price and Pricing Principle of the Share For Against The proposed share repurchase program does not Repurchase have sufficient limits to protect existing shareholders. Zhejiang Supor Co., Ltd. 002032 23-Sep-19 Special Management 2.4 Approve Type, Scale and Proportion to Share Capital For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Zhejiang Supor Co., Ltd. 002032 23-Sep-19 Special Management 2.5 Approve Total Funds for Share Repurchase For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Zhejiang Supor Co., Ltd. 002032 23-Sep-19 Special Management 2.6 Approve Source of Funds for Share Repurchase For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. Zhejiang Supor Co., Ltd. 002032 23-Sep-19 Special Management 2.7 Approve Implementation Period for the Share For Against The proposed share repurchase program does not Repurchase have sufficient limits to protect existing shareholders.

Prepared by: Public Markets Sept. 30, 2019 188 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Zhejiang Supor Co., Ltd. 002032 23-Sep-19 Special Management 2.8 Approve Resolution Validity Period For Against The proposed share repurchase program does not have sufficient limits to protect existing shareholders. ASX Limited ASX 24-Sep-19 Annual Management 3a Elect Melinda Conrad as Director For For ASX Limited ASX 24-Sep-19 Annual Management 3b Elect Ken Henry as Director For Against We are holding certain directors accountable for lack of risk oversight that led to major controversies. ASX Limited ASX 24-Sep-19 Annual Management 3c Elect Peter Nash as Director For For ASX Limited ASX 24-Sep-19 Annual Management 4 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program lacks certain risk mitigation features and as it lacks disclosure. ASX Limited ASX 24-Sep-19 Annual Management 5 Approve Grant of Performance Rights to Dominic For For Stevens Chongqing Fuling Electric Power Co., Ltd. 600452 24-Sep-19 Special Management 1 Approve Amendments to Articles of Association For For DSV A/S DSV 24-Sep-19 Special Management 1 Change Company Name to DSV Panalpina A/S; Add For For DSV A/S as Secondary Name DSV A/S DSV 24-Sep-19 Special Management 2 Elect Beat Walti as New Director For Abstain Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. DSV A/S DSV 24-Sep-19 Special Management 3 Approve Creation of DKK 48.3 Million Pool of For Against We do not support this general purpose share Capital without Preemptive Rights issuance due to dilution and as it lacks pre-emptive rights. DSV A/S DSV 24-Sep-19 Special Management 4 Approve DKK 6.5 Million Reduction in Share Capital For For via Share Cancellation DSV A/S DSV 24-Sep-19 Special Management 5 Amend Articles Re: In Addition to Danish, Make For For English Corporate Language DSV A/S DSV 24-Sep-19 Special Management 6 Amend Articles Re: General Meetings Can be Held in For For Danish or English; Documents in Connection with General Meetings and Company Announcements will be in English Only General Mills, Inc. GIS 24-Sep-19 Annual Management 1a Elect Director R. Kerry Clark For For General Mills, Inc. GIS 24-Sep-19 Annual Management 1b Elect Director David M. Cordani For For General Mills, Inc. GIS 24-Sep-19 Annual Management 1c Elect Director Roger W. Ferguson, Jr. For For General Mills, Inc. GIS 24-Sep-19 Annual Management 1d Elect Director Jeffrey L. Harmening For For General Mills, Inc. GIS 24-Sep-19 Annual Management 1e Elect Director Maria G. Henry For For General Mills, Inc. GIS 24-Sep-19 Annual Management 1f Elect Director Elizabeth C. Lempres For For General Mills, Inc. GIS 24-Sep-19 Annual Management 1g Elect Director Diane L. Neal For For

Prepared by: Public Markets Sept. 30, 2019 189 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. General Mills, Inc. GIS 24-Sep-19 Annual Management 1h Elect Director Steve Odland For For General Mills, Inc. GIS 24-Sep-19 Annual Management 1i Elect Director Maria A. Sastre For For General Mills, Inc. GIS 24-Sep-19 Annual Management 1j Elect Director Eric D. Sprunk For For General Mills, Inc. GIS 24-Sep-19 Annual Management 1k Elect Director Jorge A. Uribe For For General Mills, Inc. GIS 24-Sep-19 Annual Management 2 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance. General Mills, Inc. GIS 24-Sep-19 Annual Management 3 Ratify KPMG LLP as Auditors For Against The auditor's tenure exceeds our guidelines. Gujarat State Petronet Limited 532702 24-Sep-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Gujarat State Petronet Limited 532702 24-Sep-19 Annual Management 2 Approve Dividend For For Gujarat State Petronet Limited 532702 24-Sep-19 Annual Management 3 Reelect M M Srivastava as Director and Chairman For Against We are not supportive of non-independent directors sitting on key board committees. Gujarat State Petronet Limited 532702 24-Sep-19 Annual Management 4 Authorize Board to Fix Remuneration of Auditors For Against We are voting against the appointment of the audit firm as the non-audit fees exceed our guidelines.

Gujarat State Petronet Limited 532702 24-Sep-19 Annual Management 5 Elect Shridevi Shukla as Director For For Gujarat State Petronet Limited 532702 24-Sep-19 Annual Management 6 Reelect Yogesh Singh as Director For Against We are holding the Chair of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. We are holding the Chair of the Nomination Committee accountable for not having addressed the CEO's overboarding.We are voting against this director for missing more than 25 percent of scheduled meetings without a satisfactory reason.

Gujarat State Petronet Limited 532702 24-Sep-19 Annual Management 7 Reelect Bakul Dholakia as Director For Against We are voting against this director for missing more than 25 percent of scheduled meetings without a satisfactory reason. Gujarat State Petronet Limited 532702 24-Sep-19 Annual Management 8 Approve Remuneration of Cost Auditors For For Gujarat State Petronet Limited 532702 24-Sep-19 Annual Management 9 Approve Payment of Remuneration to M M For For Srivastava as Non-Executive Chairman Houlihan Lokey, Inc. HLI 24-Sep-19 Annual Management 1.1 Elect Director Scott L. Beiser For Withhold We are not supportive of non-independent directors sitting on key board committees. Houlihan Lokey, Inc. HLI 24-Sep-19 Annual Management 1.2 Elect Director Paul A. Zuber For For

Prepared by: Public Markets Sept. 30, 2019 190 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Houlihan Lokey, Inc. HLI 24-Sep-19 Annual Management 1.3 Elect Director Jacqueline B. Kosecoff For Withhold We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. We are holding the Nomination Committee members accountable for inadequate gender diversity on the board. Houlihan Lokey, Inc. HLI 24-Sep-19 Annual Management 2 Advisory Vote to Ratify Named Executive Officers' For Against We are voting against this advisory vote on Compensation executive compensation as the program is structured in a way that does not sufficiently align pay with performance, and as it lacks certain risk mitigation features. Houlihan Lokey, Inc. HLI 24-Sep-19 Annual Management 3 Ratify KPMG LLP as Auditors For For Weichai Power Co., Ltd. 2338 24-Sep-19 Special Management 1 Approve Provision of Guarantee to Weichai Power For For Hong Kong International Development Co., Limited in Respect of Certain Loans and the Relevant Interest Rate Swap Transactions Weichai Power Co., Ltd. 2338 24-Sep-19 Special Management 2 Approve Weichai Holdings General Services For For Agreement and the Chongqing Weichai General Services Agreement and the Relevant New Caps Weichai Power Co., Ltd. 2338 24-Sep-19 Special Management 3 Approve Weichai Purchase and Processing Services For For Agreement and the Relevant New Caps Weichai Power Co., Ltd. 2338 24-Sep-19 Special Management 4 Approve Shaanxi Zhongqi Purchase Agreement and For For the Relevant New Caps Weichai Power Co., Ltd. 2338 24-Sep-19 Special Management 5 Approve Shaanxi Zhongqi Sale Agreement and the For For Relevant New Caps China Huarong Asset Management Co., Ltd. 2799 25-Sep-19 Special Management 1 Approve Extension of the Authorization Granted by For For the General Meeting of Shareholders Relating to the Non-Public Issuance of Offshore Preference Shares

China Huarong Asset Management Co., Ltd. 2799 25-Sep-19 Special Management 1 Approve Extension of the Authorization Granted by For For the General Meeting of Shareholders Relating to the Non-Public Issuance of Offshore Preference Shares

Colruyt SA COLR 25-Sep-19 Annual Management 1 Receive and Approve Directors' and Auditors' For For Reports, and Report of the Works Council Colruyt SA COLR 25-Sep-19 Annual Management 2 Approve Remuneration Report For Against We are voting against this advisory vote on executive compensation as the program is structured in a way that does not sufficiently align pay with performance.

Prepared by: Public Markets Sept. 30, 2019 191 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Colruyt SA COLR 25-Sep-19 Annual Management 3a Adopt Financial Statements For For Colruyt SA COLR 25-Sep-19 Annual Management 3b Accept Consolidated Financial Statements For For Colruyt SA COLR 25-Sep-19 Annual Management 4 Approve Dividends of EUR 1.31 Per Share For For Colruyt SA COLR 25-Sep-19 Annual Management 5 Approve Allocation of Income For For Colruyt SA COLR 25-Sep-19 Annual Management 6 Approve Profit Participation of Employees Through For For Allotment of Repurchased Shares of Colruyt

Colruyt SA COLR 25-Sep-19 Annual Management 7 Approve Co-optation of Fast Forward Services For For BVBA, Permanently Represented by Rika Coppens, as Independent Director Colruyt SA COLR 25-Sep-19 Annual Management 8 Reelect 7 Capital SPRL, Permanently Represented by For For Chantal De Vrieze, as Independent Director Colruyt SA COLR 25-Sep-19 Annual Management 9 Ratify Ernst & Young as Auditors For For Colruyt SA COLR 25-Sep-19 Annual Management 10 Approve Discharge of Directors For For Colruyt SA COLR 25-Sep-19 Annual Management 11 Approve Discharge of Auditors For For Colruyt SA COLR 25-Sep-19 Annual Management 12 Transact Other Business None None Huayu Automotive Systems Co., Ltd. 600741 25-Sep-19 Special Management 1 Elect Wang Xiaoqiu as Non-Independent Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Huayu Automotive Systems Co., Ltd. 600741 25-Sep-19 Special Management 2 Elect Zhuang Jingxiong as Supervisor For For NEXON Co., Ltd. 3659 25-Sep-19 Special Management 1 Approve Issuance of Common Shares for Private For For Placements NEXON Co., Ltd. 3659 25-Sep-19 Special Management 2 Approve Issuance of Warrants for Private For For Placements (Put Options) NEXON Co., Ltd. 3659 25-Sep-19 Special Management 3 Approve Issuance of Warrants for Private For For Placements (Put Options) NEXON Co., Ltd. 3659 25-Sep-19 Special Management 4 Approve Issuance of Warrants for Private For For Placements (Put Options) NEXON Co., Ltd. 3659 25-Sep-19 Special Management 5 Approve Issuance of Warrants for Private For For Placements (Put Options) NEXON Co., Ltd. 3659 25-Sep-19 Special Management 6 Approve Issuance of Warrants for Private For For Placements (Call Options) NEXON Co., Ltd. 3659 25-Sep-19 Special Management 7 Approve Issuance of Warrants for Private For For Placements (Call Options) NEXON Co., Ltd. 3659 25-Sep-19 Special Management 8 Approve Issuance of Warrants for Private For For Placements (Call Options) NEXON Co., Ltd. 3659 25-Sep-19 Special Management 9 Approve Issuance of Warrants for Private For For Placements (Call Options)

Prepared by: Public Markets Sept. 30, 2019 192 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. NEXON Co., Ltd. 3659 25-Sep-19 Special Management 10 Approve Issuance of Common Shares for Private For For Placements NEXON Co., Ltd. 3659 25-Sep-19 Special Management 11 Elect Director Hongwoo Lee For Against We are holding this executive accountable for the board not being one-third independent. Pan Pacific International Holdings Corp. 7532 25-Sep-19 Annual Management 1 Approve Allocation of Income, with a Final Dividend For For of JPY 30 Pan Pacific International Holdings Corp. 7532 25-Sep-19 Annual Management 2.1 Elect Director Yoshida, Naoki For For Pan Pacific International Holdings Corp. 7532 25-Sep-19 Annual Management 2.2 Elect Director Matsumoto, Kazuhiro For Against We do not support insiders on the board other than the Chairman and/or President. Pan Pacific International Holdings Corp. 7532 25-Sep-19 Annual Management 2.3 Elect Director Nishii, Takeshi For Against We do not support insiders on the board other than the Chairman and/or President. Pan Pacific International Holdings Corp. 7532 25-Sep-19 Annual Management 2.4 Elect Director Sakakibara, Ken For Against We do not support insiders on the board other than the Chairman and/or President. Pan Pacific International Holdings Corp. 7532 25-Sep-19 Annual Management 2.5 Elect Director Sekiguchi, Kenji For Against We do not support insiders on the board other than the Chairman and/or President. Pan Pacific International Holdings Corp. 7532 25-Sep-19 Annual Management 2.6 Elect Director Maruyama, Tetsuji For Against We do not support insiders on the board other than the Chairman and/or President. Pan Pacific International Holdings Corp. 7532 25-Sep-19 Annual Management 2.7 Elect Director Ishii, Yuji For Against We do not support insiders on the board other than the Chairman and/or President. Pan Pacific International Holdings Corp. 7532 25-Sep-19 Annual Management 2.8 Elect Director Abe, Hiroshi For Against We do not support insiders on the board other than the Chairman and/or President. Pan Pacific International Holdings Corp. 7532 25-Sep-19 Annual Management 2.9 Elect Director Yasuda, Takao For Against We do not support insiders on the board other than the Chairman and/or President. Pan Pacific International Holdings Corp. 7532 25-Sep-19 Annual Management 3.1 Elect Director and Audit Committee Member For For Nishitani, Jumpei Pan Pacific International Holdings Corp. 7532 25-Sep-19 Annual Management 3.2 Elect Director and Audit Committee Member For For Yoshino, Masaki TravelSky Technology Limited 696 25-Sep-19 Special Management 1 Elect Xi Sheng as Director, Authorize Board to Fix For Against As the board's overall independence is low, we are His Remuneration and Approve Resignation of Tang voting against all non-independent directors on the Bing as Director ballot, except the CEO. ZEAL Network SE TIM 25-Sep-19 Special Management 1 Approve Matters Relating to the Change in the For For Location of the Company's Registered Office To Germany CCC SA CCC 26-Sep-19 Special Management 1 Open Meeting None None CCC SA CCC 26-Sep-19 Special Management 2 Elect Meeting Chairman For For CCC SA CCC 26-Sep-19 Special Management 3 Acknowledge Proper Convening of Meeting None None CCC SA CCC 26-Sep-19 Special Management 4 Approve Agenda of Meeting For For CCC SA CCC 26-Sep-19 Special Management 5 Amend Statute Re: Change Fiscal Year For For CCC SA CCC 26-Sep-19 Special Management 6 Close Meeting None None

Prepared by: Public Markets Sept. 30, 2019 193 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Jiangsu Changjiang Electronics Technology Co., Ltd. 600584 26-Sep-19 Special Management 1 Approve to Appoint Auditor For Against The auditor's tenure is not disclosed.We are voting against the appointment of the audit firm as audit fees are not disclosed. Jiangsu Changjiang Electronics Technology Co., Ltd. 600584 26-Sep-19 Special Management 2 Elect Zheng Li as Non-Independent Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. Jiangsu Expressway Company Limited 177 26-Sep-19 Special Management 1 Approve Subscription of Equity in Interests in For Against We do not believe that support for this proposal is Jiangsu Communication Holding Group Finance Co., in the best interests of shareholders. Ltd. Kainos Group Plc KNOS 26-Sep-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Kainos Group Plc KNOS 26-Sep-19 Annual Management 2 Approve Remuneration Report For For Kainos Group Plc KNOS 26-Sep-19 Annual Management 3 Approve Remuneration Policy For For Kainos Group Plc KNOS 26-Sep-19 Annual Management 4 Approve Final Dividend For For Kainos Group Plc KNOS 26-Sep-19 Annual Management 5 Re-elect Dr Brendan Mooney as Director For For Kainos Group Plc KNOS 26-Sep-19 Annual Management 6 Re-elect Richard McCann as Director For Against We do not support insiders on the board other than the CEO. Kainos Group Plc KNOS 26-Sep-19 Annual Management 7 Re-elect Paul Gannon as Director For Against We do not support insiders on the board other than the CEO Kainos Group Plc KNOS 26-Sep-19 Annual Management 8 Re-elect Andy Malpass as Director For For Kainos Group Plc KNOS 26-Sep-19 Annual Management 9 Re-elect Chris Cowan as Director For Against We are holding the Nomination Committee members accountable for inadequate gender diversity on the board. Kainos Group Plc KNOS 26-Sep-19 Annual Management 10 Re-elect Tom Burnet as Director For Against We are holding the Nomination Committee members accountable for inadequate gender diversity on the board. Kainos Group Plc KNOS 26-Sep-19 Annual Management 11 Reappoint Deloitte LLP as Auditors For For Kainos Group Plc KNOS 26-Sep-19 Annual Management 12 Authorise the Audit Committee to Fix Remuneration For For of Auditors Kainos Group Plc KNOS 26-Sep-19 Annual Management 13 Authorise Issue of Equity For For Kainos Group Plc KNOS 26-Sep-19 Annual Management 14 Authorise Issue of Equity without Pre-emptive For For Rights Kainos Group Plc KNOS 26-Sep-19 Annual Management 15 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment Kainos Group Plc KNOS 26-Sep-19 Annual Management 16 Authorise Market Purchase of Ordinary Shares For For Kainos Group Plc KNOS 26-Sep-19 Annual Management 17 Authorise the Company to Call General Meeting For For with Two Weeks' Notice

Prepared by: Public Markets Sept. 30, 2019 194 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Lamb Weston Holdings, Inc. LW 26-Sep-19 Annual Management 1a Elect Director Peter J. Bensen For For Lamb Weston Holdings, Inc. LW 26-Sep-19 Annual Management 1b Elect Director Charles A. Blixt For For Lamb Weston Holdings, Inc. LW 26-Sep-19 Annual Management 1c Elect Director Andre J. Hawaux For For Lamb Weston Holdings, Inc. LW 26-Sep-19 Annual Management 1d Elect Director W.G. Jurgensen For For Lamb Weston Holdings, Inc. LW 26-Sep-19 Annual Management 1e Elect Director Thomas P. Maurer For For Lamb Weston Holdings, Inc. LW 26-Sep-19 Annual Management 1f Elect Director Hala G. Moddelmog For For Lamb Weston Holdings, Inc. LW 26-Sep-19 Annual Management 1g Elect Director Maria Renna Sharpe For For Lamb Weston Holdings, Inc. LW 26-Sep-19 Annual Management 1h Elect Director Thomas P. Werner For For Lamb Weston Holdings, Inc. LW 26-Sep-19 Annual Management 2 Advisory Vote to Ratify Named Executive Officers' For For Compensation Lamb Weston Holdings, Inc. LW 26-Sep-19 Annual Management 3 Ratify KPMG LLP as Auditors For For Lamb Weston Holdings, Inc. LW 26-Sep-19 Annual Shareholder 4 Report on Pesticide Use in the Company's Supply Against For We are supportive of this proposal calling for Chain regular reporting of metrics on pesticide use in the company's supply chain. Additional disclosure helps investors better assess how environmental risks can affect a company's activities and longer-term financial results. MMC Norilsk Nickel PJSC GMKN 26-Sep-19 Special Management 1 Approve Interim Dividends of RUB 883.93 per Share For For for First Half Year of Fiscal 2019 Peptidream Inc. 4587 26-Sep-19 Annual Management 1 Amend Articles to Amend Business Lines - Change For For Fiscal Year End Peptidream Inc. 4587 26-Sep-19 Annual Management 2.1 Elect Director Kubota, Kiichi For For Peptidream Inc. 4587 26-Sep-19 Annual Management 2.2 Elect Director Patrick C. Reid For For Peptidream Inc. 4587 26-Sep-19 Annual Management 2.3 Elect Director Masuya, Keiichi For Against We do not support insiders on the board other than the Chairman and/or President. Peptidream Inc. 4587 26-Sep-19 Annual Management 2.4 Elect Director Kaneshiro, Kiyofumi For Against We do not support insiders on the board other than the Chairman and/or President. Peptidream Inc. 4587 26-Sep-19 Annual Management 3.1 Elect Director and Audit Committee Member For For Sasaoka, Michio Peptidream Inc. 4587 26-Sep-19 Annual Management 3.2 Elect Director and Audit Committee Member Nagae, For For Toshio Peptidream Inc. 4587 26-Sep-19 Annual Management 3.3 Elect Director and Audit Committee Member For For Hanafusa, Yukinori Suncorp Group Limited SUN 26-Sep-19 Annual Management 1 Approve Remuneration Report For For Suncorp Group Limited SUN 26-Sep-19 Annual Management 2 Approve Grant of Performance Rights to Steve For For Johnston Suncorp Group Limited SUN 26-Sep-19 Annual Management 3a Elect Sally Herman as Director For For Suncorp Group Limited SUN 26-Sep-19 Annual Management 3b Elect Ian Hammond as Director For For

Prepared by: Public Markets Sept. 30, 2019 195 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Suncorp Group Limited SUN 26-Sep-19 Annual Management 4 Approve Return of Capital to Ordinary Shareholders For For

Suncorp Group Limited SUN 26-Sep-19 Annual Management 5 Approve Consolidation of Ordinary Shares For For Suncorp Group Limited SUN 26-Sep-19 Annual Management 6 Approve Selective Capital Reduction in Relation to For For SUNPE Suncorp Group Limited SUN 26-Sep-19 Annual Management 7 Approve Reinsertion of Proportional Takeover For For Provisions in the Constitution Suncorp Group Limited SUN 26-Sep-19 Annual Management 8 Approve Insertion of Additional Notice Provision in For For the Constitution Suncorp Group Limited SUN 26-Sep-19 Annual Shareholder 9a Approve the Amendments to the Company's Against Against We do not believe that support for this proposal is Constitution in the best interests of shareholders. Suncorp Group Limited SUN 26-Sep-19 Annual Shareholder 9b Approve Fossil Fuel Exposure Reduction Targets Against For We are supporting this shareholder proposal calling for additional disclosure related to the company's environmental risk assessment processes and exposure to climate change risks. Additional disclosure helps investors better assess how environmental risks can affect a company's activities and longer-term financial results. Apollo Hospitals Enterprise Limited 508869 27-Sep-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Apollo Hospitals Enterprise Limited 508869 27-Sep-19 Annual Management 2 Approve Dividend For For Apollo Hospitals Enterprise Limited 508869 27-Sep-19 Annual Management 3 Reelect Shobana Kamineni as Director For Against We do not support insiders on the board other than the CEO and Executive Chair. Apollo Hospitals Enterprise Limited 508869 27-Sep-19 Annual Management 4 Elect Murali Doraiswamy as Director For For Apollo Hospitals Enterprise Limited 508869 27-Sep-19 Annual Management 5 Elect V. Kavitha Dutt as Director For For Apollo Hospitals Enterprise Limited 508869 27-Sep-19 Annual Management 6 Elect MBN Rao as Director For For Apollo Hospitals Enterprise Limited 508869 27-Sep-19 Annual Management 7 Reelect Vinayak Chatterjee as Director For Against We are holding the Chair of the Nomination Committee accountable for not having addressed the CEO's overboarding Apollo Hospitals Enterprise Limited 508869 27-Sep-19 Annual Management 8 Approve Payment of Commission to Non-Executive For For Directors Apollo Hospitals Enterprise Limited 508869 27-Sep-19 Annual Management 9 Approve Reappointment and Remuneration of For For Shobana Kamineni as Wholetime Director, Designated as Executive Vice-Chairperson Apollo Hospitals Enterprise Limited 508869 27-Sep-19 Annual Management 10 Approve Continuation of Payment of Remuneration For For to Executive Directors Apollo Hospitals Enterprise Limited 508869 27-Sep-19 Annual Management 11 Adopt New Memorandum of Association For For Apollo Hospitals Enterprise Limited 508869 27-Sep-19 Annual Management 12 Adopt New Articles of Association For For

Prepared by: Public Markets Sept. 30, 2019 196 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Apollo Hospitals Enterprise Limited 508869 27-Sep-19 Annual Management 13 Approve Issuance of Non-Convertible Debentures For For on Private Placement Basis Apollo Hospitals Enterprise Limited 508869 27-Sep-19 Annual Management 14 Approve Remuneration of Cost Auditors For For Asahi Intecc Co., Ltd. 7747 27-Sep-19 Annual Management 1 Approve Allocation of Income, with a Final Dividend For For of JPY 21.61 Asahi Intecc Co., Ltd. 7747 27-Sep-19 Annual Management 2.1 Elect Director Miyata, Masahiko For For Asahi Intecc Co., Ltd. 7747 27-Sep-19 Annual Management 2.2 Elect Director Miyata, Kenji For Against We do not support insiders on the board other than the Chairman and/or President. Asahi Intecc Co., Ltd. 7747 27-Sep-19 Annual Management 2.3 Elect Director Kato, Tadakazu For Against We do not support insiders on the board other than the Chairman and/or President. Asahi Intecc Co., Ltd. 7747 27-Sep-19 Annual Management 2.4 Elect Director Yugawa, Ippei For Against We do not support insiders on the board other than the Chairman and/or President. Asahi Intecc Co., Ltd. 7747 27-Sep-19 Annual Management 2.5 Elect Director Terai, Yoshinori For Against We do not support insiders on the board other than the Chairman and/or President. Asahi Intecc Co., Ltd. 7747 27-Sep-19 Annual Management 2.6 Elect Director Matsumoto, Munechika For Against We do not support insiders on the board other than the Chairman and/or President. Asahi Intecc Co., Ltd. 7747 27-Sep-19 Annual Management 2.7 Elect Director Ito, Mizuho For Against We do not support insiders on the board other than the Chairman and/or President. Asahi Intecc Co., Ltd. 7747 27-Sep-19 Annual Management 2.8 Elect Director Nishiuchi, Makoto For Against We do not support insiders on the board other than the Chairman and/or President. Asahi Intecc Co., Ltd. 7747 27-Sep-19 Annual Management 2.9 Elect Director Ito, Kiyomichi For For Asahi Intecc Co., Ltd. 7747 27-Sep-19 Annual Management 2.10 Elect Director Shibazaki, Akinori For For Asahi Intecc Co., Ltd. 7747 27-Sep-19 Annual Management 2.11 Elect Director Sato, Masami For For Australis Capital Inc. AUSA 27-Sep-19 Annual/Sp Management 1 Fix Number of Directors at Four For Against We view the proposed board size as too small. ecial Australis Capital Inc. AUSA 27-Sep-19 Annual/Sp Management 2.1 Elect Director Scott Dowty For For ecial Australis Capital Inc. AUSA 27-Sep-19 Annual/Sp Management 2.2 Elect Director Roger Swainson For For ecial Australis Capital Inc. AUSA 27-Sep-19 Annual/Sp Management 2.3 Elect Director John Dover For For ecial Australis Capital Inc. AUSA 27-Sep-19 Annual/Sp Management 2.4 Elect Director Harry DeMott For For ecial Australis Capital Inc. AUSA 27-Sep-19 Annual/Sp Management 3 Approve MNP LLP as Auditors and Authorize Board For For ecial to Fix Their Remuneration Australis Capital Inc. AUSA 27-Sep-19 Annual/Sp Management 4 Approve Stock Option Plan For Against The stock option plan does not meet our ecial guidelines.We do not support the granting of stock options to non-executive directors (NEDs).

Prepared by: Public Markets Sept. 30, 2019 197 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Australis Capital Inc. AUSA 27-Sep-19 Annual/Sp Management 5 Approve Restricted Share Unit Plan For Against We do not support the granting of stock options to ecial non-executive directors (NEDs).The stock option plan does not meet our guidelines. Australis Capital Inc. AUSA 27-Sep-19 Annual/Sp Management 6 Amend Articles to Allow for Meetings to be Held For For ecial Anywhere in North America Australis Capital Inc. AUSA 27-Sep-19 Annual/Sp Management 7 Approve Removal of Investment Restrictions For For ecial Glenmark Pharmaceuticals Limited 532296 27-Sep-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

Glenmark Pharmaceuticals Limited 532296 27-Sep-19 Annual Management 2 Accept Consolidated Financial Statements and For For Statutory Reports Glenmark Pharmaceuticals Limited 532296 27-Sep-19 Annual Management 3 Approve Dividend For For Glenmark Pharmaceuticals Limited 532296 27-Sep-19 Annual Management 4 Reelect Glenn Saldanha as Director For Against We are not supportive of non-independent directors sitting on key board committees.We are holding the members of the Nomination Committee accountable for failing to ensure that all key board committees are fully independent. Glenmark Pharmaceuticals Limited 532296 27-Sep-19 Annual Management 5 Reelect Cherylann Pinto as Director For Against We do not support insiders on the board other than the CEO and Executive Chair.We are voting against this director due to concerns over tenure. Glenmark Pharmaceuticals Limited 532296 27-Sep-19 Annual Management 6 Approve Walker Chandiok & Co LLP, Chartered For Against The auditor's tenure is not disclosed. Accountants as Auditors and Authorize Board to Fix Their Remuneration Glenmark Pharmaceuticals Limited 532296 27-Sep-19 Annual Management 7 Elect Sona Saira Ramasastry as Director For For Glenmark Pharmaceuticals Limited 532296 27-Sep-19 Annual Management 8 Approve Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights Glenmark Pharmaceuticals Limited 532296 27-Sep-19 Annual Management 9 Approve Remuneration of Cost Auditors For For Inner Mongolia Yili Industrial Group Co., Ltd. 600887 27-Sep-19 Special Management 1 Approve Change the Usage of the Shares For For Repurchased Inner Mongolia Yili Industrial Group Co., Ltd. 600887 27-Sep-19 Special Management 2 Approve Revised Draft and Summary of For Against The performance share incentive plan does not Performance Shares Incentive Plan meet our guidelines. Inner Mongolia Yili Industrial Group Co., Ltd. 600887 27-Sep-19 Special Management 3 Approve Methods to Assess the Performance of For Against The performance share incentive plan does not Plan Participants meet our guidelines. Inner Mongolia Yili Industrial Group Co., Ltd. 600887 27-Sep-19 Special Management 4 Approve Authorization of the Board to Handle All For Against The performance share incentive plan does not Matters Related to Performance Shares Incentive meet our guidelines. Plan Inner Mongolia Yili Industrial Group Co., Ltd. 600887 27-Sep-19 Special Management 5 Amend Articles of Association For For Lasertec Corp. 6920 27-Sep-19 Annual Management 1 Approve Allocation of Income, with a Final Dividend For For of JPY 31

Prepared by: Public Markets Sept. 30, 2019 198 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Lasertec Corp. 6920 27-Sep-19 Annual Management 2.1 Elect Director Okabayashi, Osamu For Against We are holding this executive accountable for the board not being one-third independent. Lasertec Corp. 6920 27-Sep-19 Annual Management 2.2 Elect Director Kusunose, Haruhiko For Against We are holding this executive accountable for the board not being one-third independent. Lasertec Corp. 6920 27-Sep-19 Annual Management 2.3 Elect Director Uchiyama, Shu For Against We are holding this executive accountable for the board not being one-third independent. Lasertec Corp. 6920 27-Sep-19 Annual Management 2.4 Elect Director Moriizumi, Koichi For Against We are holding this executive accountable for the board not being one-third independent. Lasertec Corp. 6920 27-Sep-19 Annual Management 2.5 Elect Director Seki, Hirokazu For Against We are holding this executive accountable for the board not being one-third independent. Lasertec Corp. 6920 27-Sep-19 Annual Management 2.6 Elect Director Kajikawa, Nobuhiro For For Lasertec Corp. 6920 27-Sep-19 Annual Management 2.7 Elect Director Ebihara, Minoru For For Lasertec Corp. 6920 27-Sep-19 Annual Management 2.8 Elect Director Shimoyama, Takayuki For For Lasertec Corp. 6920 27-Sep-19 Annual Management 3 Appoint Alternate Statutory Auditor Mizuno, Osamu For For

Lasertec Corp. 6920 27-Sep-19 Annual Management 4 Approve Annual Bonus For For Magnitogorsk Iron & Steel Works PJSC MAGN 27-Sep-19 Special Management 1 Approve Interim Dividends of RUB 0.69 per Share For For for First Half Year of Fiscal 2019 Magnitogorsk Iron & Steel Works PJSC MAGN 27-Sep-19 Special Management 1 Approve Interim Dividends of RUB 0.69 per Share For For for First Half Year of Fiscal 2019 Mercari, Inc. 4385 27-Sep-19 Annual Management 1.1 Elect Director Yamada, Shintaro For Against We are holding this executive accountable for the board not being one-third independent. Mercari, Inc. 4385 27-Sep-19 Annual Management 1.2 Elect Director Koizumi, Fumiaki For Against We are holding this executive accountable for the board not being one-third independent. Mercari, Inc. 4385 27-Sep-19 Annual Management 1.3 Elect Director Hamada, Yuki For Against We are holding this executive accountable for the board not being one-third independent. Mercari, Inc. 4385 27-Sep-19 Annual Management 1.4 Elect Director John Lagerling For Against We are holding this executive accountable for the board not being one-third independent. Mercari, Inc. 4385 27-Sep-19 Annual Management 1.5 Elect Director Aoyagi, Naoki For Against We are holding this executive accountable for the board not being one-third independent. Mercari, Inc. 4385 27-Sep-19 Annual Management 1.6 Elect Director Tamonoki, Hirohisa For Against We are holding this executive accountable for the board not being one-third independent. Mercari, Inc. 4385 27-Sep-19 Annual Management 1.7 Elect Director Takayama, Ken For For Mercari, Inc. 4385 27-Sep-19 Annual Management 1.8 Elect Director Namatame, Masashi For For Mercari, Inc. 4385 27-Sep-19 Annual Management 2 Appoint Statutory Auditor Tochinoki, Mayumi For Against We are not supportive of insiders and/or non- independent outside directors on the board of statutory auditors. Novolipetsk Steel NLMK 27-Sep-19 Special Management 1 Approve Interim Dividends for First Six Months of For For Fiscal 2019

Prepared by: Public Markets Sept. 30, 2019 199 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Novolipetsk Steel NLMK 27-Sep-19 Special Management 1 Approve Interim Dividends for First Six Months of For For Fiscal 2019 Silvercorp Metals Inc. SVM 27-Sep-19 Annual Management 1 Fix Number of Directors at Five For Against We view the proposed board size as too small. Silvercorp Metals Inc. SVM 27-Sep-19 Annual Management 2.1 Elect Director Rui Feng For For Silvercorp Metals Inc. SVM 27-Sep-19 Annual Management 2.2 Elect Director S. Paul Simpson For Withhold As the company is not offering an annual say-on- pay vote, we are holding the members of the Compensation Committee accountable for ratifying compensation practices that what we believe to be problematic. We are voting against this director due to concerns over tenure. We are holding the Nomination Committee members accountable for inadequate gender diversity on the board. We are holding the members of the Governance Committee accountable for not providing an annual advisory vote on executive compensation.

Silvercorp Metals Inc. SVM 27-Sep-19 Annual Management 2.3 Elect Director David Kong For Withhold As the company is not offering an annual say-on- pay vote, we are holding the members of the Compensation Committee accountable for ratifying compensation practices that what we believe to be problematic. We are holding the Nomination Committee members accountable for inadequate gender diversity on the board. We are holding the members of the Governance Committee accountable for not providing an annual advisory vote on executive compensation. Silvercorp Metals Inc. SVM 27-Sep-19 Annual Management 2.4 Elect Director Yikang Liu For Withhold As the company is not offering an annual say-on- pay vote, we are holding the members of the Compensation Committee accountable for ratifying compensation practices that what we believe to be problematic. Silvercorp Metals Inc. SVM 27-Sep-19 Annual Management 2.5 Elect Director Marina Katusa For Withhold We are holding the Nomination Committee members accountable for inadequate gender diversity on the board. We are holding the members of the Governance Committee accountable for not providing an annual advisory vote on executive compensation. Silvercorp Metals Inc. SVM 27-Sep-19 Annual Management 3 Approve Deloitte LLP as Auditors and Authorize For For Board to Fix Their Remuneration

Prepared by: Public Markets Sept. 30, 2019 200 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Silvercorp Metals Inc. SVM 27-Sep-19 Annual Management 4 Approve Share Based Compensation Plan For Against The omnibus stock plan does not meet our guidelines. Silvercorp Metals Inc. SVM 27-Sep-19 Annual Management 5 If Item 4 is Not Approved: Re-approve Stock Option For Against The stock option plan does not meet our guidelines. Plan Sun Art Retail Group Limited 6808 27-Sep-19 Special Management 1 Approve Supply Agreements, Revised Annual Caps For For and Related Transactions ULVAC, Inc. 6728 27-Sep-19 Annual Management 1 Approve Allocation of Income, with a Final Dividend For For of JPY 105 ULVAC, Inc. 6728 27-Sep-19 Annual Management 2.1 Elect Director Iwashita, Setsuo For For ULVAC, Inc. 6728 27-Sep-19 Annual Management 2.2 Elect Director Motoyoshi, Mitsuru For Against We do not support insiders on the board other than the Chairman and/or President. ULVAC, Inc. 6728 27-Sep-19 Annual Management 2.3 Elect Director Matsudai, Masasuke For Against We do not support insiders on the board other than the Chairman and/or President. ULVAC, Inc. 6728 27-Sep-19 Annual Management 2.4 Elect Director Choong Ryul Paik For Against We do not support insiders on the board other than the Chairman and/or President. ULVAC, Inc. 6728 27-Sep-19 Annual Management 2.5 Elect Director Aoki, Sadao For Against We do not support insiders on the board other than the Chairman and/or President. ULVAC, Inc. 6728 27-Sep-19 Annual Management 2.6 Elect Director Mihayashi, Akira For For ULVAC, Inc. 6728 27-Sep-19 Annual Management 2.7 Elect Director Uchida, Norio For For ULVAC, Inc. 6728 27-Sep-19 Annual Management 2.8 Elect Director Ishida, Kozo For For ULVAC, Inc. 6728 27-Sep-19 Annual Management 2.9 Elect Director Nakajima, Yoshimi For For ULVAC, Inc. 6728 27-Sep-19 Annual Management 3.1 Appoint Statutory Auditor Ito, Makoto For Against We are not supportive of insiders and/or non- independent outside directors on the board of statutory auditors. ULVAC, Inc. 6728 27-Sep-19 Annual Management 3.2 Appoint Statutory Auditor Asada, Senshu For For ULVAC, Inc. 6728 27-Sep-19 Annual Management 4 Appoint Alternate Statutory Auditor Nonaka, Takao For For

Wuliangye Yibin Co., Ltd. 000858 27-Sep-19 Special Management 1 Approve Amendments to Articles of Association For For Wuliangye Yibin Co., Ltd. 000858 27-Sep-19 Special Management 2 Amend Rules and Procedures Regarding General For For Meetings of Shareholders Wuliangye Yibin Co., Ltd. 000858 27-Sep-19 Special Management 3 Amend Rules and Procedures Regarding Meetings For For of Board of Directors Wuliangye Yibin Co., Ltd. 000858 27-Sep-19 Special Management 4 Amend Rules and Procedures Regarding Meetings For For of Board of Supervisors Wuliangye Yibin Co., Ltd. 000858 27-Sep-19 Special Management 5 Elect Zeng Congqin as Non-Independent Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.

Prepared by: Public Markets Sept. 30, 2019 201 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. Yuan Longping High-Tech Agriculture Co., Ltd. 000998 27-Sep-19 Special Management 1 Approve Profit Compensation Payment For For Arrangement ALROSA PJSC ALRS 30-Sep-19 Special Management 1 Approve Interim Dividends of RUB 3.84 per Share For For for First Half Year of Fiscal 2019 Gazprom Neft PJSC SIBN 30-Sep-19 Special Management 1 Approve Interim Dividends of RUB 18.14 per Share For For for First Half Year of Fiscal 2019 Mobile TeleSystems PJSC MTSS 30-Sep-19 Special Management 1 Approve Meeting Procedures For For Mobile TeleSystems PJSC MTSS 30-Sep-19 Special Management 2 Approve Interim Dividends of RUB 8.68 for First Half For For Year of Fiscal 2019 NOVATEK JSC NVTK 30-Sep-19 Special Management 1 Approve Interim Dividends of RUB 14.23 per Share For For for First Half Year of Fiscal 2019 NOVATEK JSC NVTK 30-Sep-19 Special Management 2 Amend Charter For For Petroleo Brasileiro SA PETR4 30-Sep-19 Special Management 1 Approve Absorption of Petrobras Logistica de Gas For For SA (Logigas) Petroleo Brasileiro SA PETR4 30-Sep-19 Special Management 1 Approve Absorption of Petrobras Logistica de Gas For For SA (Logigas) Petroleo Brasileiro SA PETR4 30-Sep-19 Special Management 2 Amend Articles and Consolidate Bylaws For For Petroleo Brasileiro SA PETR4 30-Sep-19 Special Management 2 Amend Articles and Consolidate Bylaws For For Petroleo Brasileiro SA PETR4 30-Sep-19 Special Management 3 Amend Remuneration of Company's Management For For

Petroleo Brasileiro SA PETR4 30-Sep-19 Special Management 3 Amend Remuneration of Company's Management For For

Polyus PJSC PLZL 30-Sep-19 Special Management 1 Approve Interim Dividends of RUB 162.98 per Share For For for First Six Months of Fiscal 2019 Polyus PJSC PLZL 30-Sep-19 Special Management 1 Approve Interim Dividends of RUB 162.98 per Share For For for First Six Months of Fiscal 2019 Polyus PJSC PLZL 30-Sep-19 Special Management 2 Approve Increase in Share Capital through Issuance For Against We are not supportive of this proposal as it lacks of 700,000 Ordinary Shares via Closed Subscription the disclosure necessary for shareholders to make an informed decision. Polyus PJSC PLZL 30-Sep-19 Special Management 2 Approve Increase in Share Capital through Issuance For Against We are not supportive of this proposal as it lacks of 700,000 Ordinary Shares via Closed Subscription the disclosure necessary for shareholders to make an informed decision. PTC India Limited 532524 30-Sep-19 Annual Management 1 Accept Financial Statements and Statutory Reports For For

PTC India Limited 532524 30-Sep-19 Annual Management 2 Approve Dividend For For PTC India Limited 532524 30-Sep-19 Annual Management 3 Reelect Mahesh Kumar Mittal as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO.

Prepared by: Public Markets Sept. 30, 2019 202 BCI Proxy Voting Record - July 1, 2019 to September 30, 2019

Issuer Ticker Meeting Date Meeting Proponent Proposal Proposal Text Mgmt. BCI's Vote Rationale Type No. Rec. PTC India Limited 532524 30-Sep-19 Annual Management 4 Elect Rajeev Kumar Chauhan as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. PTC India Limited 532524 30-Sep-19 Annual Management 5 Elect Naveen Bhushan Gupta as Director For Against Since the board's overall independence level does not meet our guidelines, we are voting against all non-independent directors on the ballot, except the CEO. PTC India Limited 532524 30-Sep-19 Annual Management 6 Elect Ramesh Narain Misra as Director For For PTC India Limited 532524 30-Sep-19 Annual Management 7 Elect Atmanand as Director For For PTC India Limited 532524 30-Sep-19 Annual Management 8 Approve Monetization of Investments Held by the For Against We are not supportive of this proposal as it lacks Company in PTC Energy Limited the disclosure necessary to make an informed decision. PTC India Limited 532524 30-Sep-19 Annual Management 9 Approve Monetization of Investments Held by the For Against We are not supportive of this proposal as it lacks Company in PTC India Financial Services Limited the disclosure necessary to make an informed decision. Rosneft Oil Co. ROSN 30-Sep-19 Special Management 1 Approve Interim Dividends of RUB 15.34 for First For For Half Year of Fiscal 2019 Wuxi Lead Intelligent Equipment Co., Ltd. 300450 30-Sep-19 Special Management 1 Approve Adjustments on Performance Share For For Repurchase Price and Repurchase Cancellation of Performance Shares Wuxi Lead Intelligent Equipment Co., Ltd. 300450 30-Sep-19 Special Management 2 Approve Termination of Entrusted Management For For and Related Party Transactions Wuxi Lead Intelligent Equipment Co., Ltd. 300450 30-Sep-19 Special Management 3 Approve Guarantee Provision Plan For For

Prepared by: Public Markets Sept. 30, 2019 203