Voting November 2017
Schroders is required to publish records of voting in order to achieve compliance with the UK Stewardship Code. According, voting in accordance with our house policy is set out on the following pages. Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Amcor Limited
Meeting Date: 11/01/2017 Country: Australia Meeting Type: Annual Ticker: AMC
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2a Elect Paul Brasher as Director For For
2b Elect Eva Cheng as Director For For
2c Elect Tom Long as Director For For
3 Approve the Grant of Options and Performance For For Shares to Ron Delia
4 Approve the Potential Termination Benefits For For
5 Approve the Remuneration Report For For
Bingo Industries Limited
Meeting Date: 11/01/2017 Country: Australia Meeting Type: Annual Ticker: BIN
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Daniel Girgis as Director For For
2 Appoint Deloitte Touche Tohmatsu as Auditor of For For the Company
3 Approve Remuneration Report For For
Fortress Income Fund Ltd
Meeting Date: 11/01/2017 Country: South Africa Meeting Type: Annual Ticker: FFA
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Vuso Majija as Director For For
1.2 Elect Bongiwe Njobe as Director For For
2.1 Re-elect Jeff Zidel as Director For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Fortress Income Fund Ltd
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2.2 Re-elect Tshiamo Matlapeng-Vilakazi as Director For For
2.3 Re-elect Jan Potgieter as Director For For
3.1 Re-elect Djurk Venter as Member of the Audit For For Committee
3.2 Re-elect Jan Potgieter as Member of the Audit For For Committee
3.3 Re-elect Kura Chihota as Member of the Audit For For Committee
4 Reappoint Deloitte & Touche as Auditors of the For For Company with Bester Greyling as the Designated Audit Partner
5 Authorise Board to Fix Remuneration of the For For Auditors
6 Authorise Board to Issue Shares for Cash For For
7 Authorise Issue of Shares for Cash for Black For For Economic Empowerment Purposes
8 Approve Incentive Plan For For
9 Approve Remuneration Policy For For
1 Approve Financial Assistance in Terms of For For Section 45 of the Companies Act
2 Authorise Repurchase of Issued Share Capital For Against
Voter Rationale: Request for more than 10% of issued share capital
3 Approve Financial Assistance for the Purchase of For For Subscription for its Shares to a BEE Entity
4 Approve Financial Assistance in Terms of For For Section 44 of the Companies Act
5 Approve Non-executive Directors' Remuneration For For
6 Approve Change of Company Name to Fortress For For REIT Limited
10 Authorise Ratification of Approved Resolutions For For
KLA-Tencor Corporation
Meeting Date: 11/01/2017 Country: USA Meeting Type: Annual Ticker: KLAC
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
KLA-Tencor Corporation
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Edward W. Barnholt For For
1.2 Elect Director Robert M. Calderoni For For
1.3 Elect Director John T. Dickson For For
1.4 Elect Director Emiko Higashi For For
1.5 Elect Director Kevin J. Kennedy For For
1.6 Elect Director Gary B. Moore For For
1.7 Elect Director Kiran M. Patel For For
1.8 Elect Director Robert A. Rango For For
1.9 Elect Director Richard P. Wallace For For
1.10 Elect Director David C. Wang For For
2 Ratify PricewaterhouseCoopers LLP as Auditors For For
3 Advisory Vote to Ratify Named Executive For Against Officers' Compensation Voter Rationale: The minimum vesting period is less than three years
4 Advisory Vote on Say on Pay Frequency One Year One Year
Link Administration Holdings Ltd
Meeting Date: 11/01/2017 Country: Australia Meeting Type: Annual Ticker: LNK
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Peeyush Gupta as Director For For
2 Elect Sally Pitkin as Director For For
3 Approve the Remuneration Report For For
4 Approve the Link Group Omnibus Equity Plan For For
5 Approve the Grant of Performance Share Rights For For to John McMurtrie
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
AVI Ltd
Meeting Date: 11/02/2017 Country: South Africa Meeting Type: Annual Ticker: AVI
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports for the Year Ended 30 June 2017
2 Reappoint KPMG Inc as Auditors of the For Abstain Company Voter Rationale: An ABSTENTION on this item is warranted, due to the termination of KPMG as the Company's external auditors.
3 Re-elect Simon Crutchley as Director For For
4 Re-elect Owen Cressey as Director For For
5 Re-elect Gavin Tipper as Director For For
6 Re-elect Michael Bosman as Chairman of the For For Audit and Risk Committee
7 Re-elect Neo Dongwana as Member of the Audit For For and Risk Committee
8 Re-elect James Hersov as Member of the Audit For For and Risk Committee
9 Approve Fees Payable to the Current For For Non-executive Directors, Excluding the Chairmanof the Board and the Foreign Non-executive Director, Adriaan Nuhn
10 Approve Fees Payable to the Chairman of the For For Board
11 Approve Fees Payable to the Foreign For For Non-executive Director, Adriaan Nuhn
12 Approve Fees Payable to the Members of the For For Remuneration, Nomination andAppointments Committee
13 Approve Fees Payable to the Members of the For For Audit and Risk Committee
14 Approve Fees Payable to the Members of the For For Social and Ethics Committee
15 Approve Fees Payable to the Chairman of the For For Remuneration, Nomination andAppointments Committee
16 Approve Fees Payable to the Chairman of the For For Audit and Risk Committee
17 Approve Fees Payable to the Chairman of the For For Social and Ethics Committee
18 Authorise Repurchase of Issued Share Capital For For
19 Approve Remuneration Policy For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Catalent, Inc.
Meeting Date: 11/02/2017 Country: USA Meeting Type: Annual Ticker: CTLT
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1a Elect Director Rolf Classon For Against
Voter Rationale: A vote AGAINST Rolf Classon and Gregory Lucier is warranted for the board's failure to remove, or submit to a sunset provision, the classified board and supermajority vote requirement to enact certain changes to the charter, which materially impacts shareholder rights
1b Elect Director Gregory T. Lucier For Against
Voter Rationale: A vote AGAINST Rolf Classon and Gregory Lucier is warranted for the board's failure to remove, or submit to a sunset provision, the classified board and supermajority vote requirement to enact certain changes to the charter, which materially impacts shareholder rights
1c Elect Director Uwe Rohrhoff For For
2 Ratify Ernst & Young LLP as Auditors For For
3 Advisory Vote to Ratify Named Executive For For Officers' Compensation
4 Eliminate Supermajority Vote Requirement to For For Amend Bylaws
5 Eliminate Supermajority Vote Requirement for For For Removal of Directors
6 Amend Articles To Eliminate Obsolete Provisions For For and Make Other Non-Substantive and Conforming Changes
Downer EDI Ltd.
Meeting Date: 11/02/2017 Country: Australia Meeting Type: Annual Ticker: DOW
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Elect Mike Harding as Director For For
3 Approve the Remuneration Report For Against
Voter Rationale: STI hurdle relating to free cash flow was adjusted which resulting in full achievement.
4 Approve the Grant of Performance Rights to For For Grant Fenn
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Downer EDI Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
5 Approve Requisitioned Resolution- Powers of Against Against the Board Voter Rationale: The proposal asks the board to ensure the business is managed in line with the 2 degree global warming objective. The company already displays the best practices related to climate change risk management, thereby already addressing the proponent's request. A vote "against" is warranted.
Fairfax Media Ltd.
Meeting Date: 11/02/2017 Country: Australia Meeting Type: Annual Ticker: FXJ
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve the Capital Reduction For For
2 Elect Mickie Rosen as Director For For
3 Elect Todd Sampson as Director For For
4 Approve Grant of Performance Shares and For For Performance Rights to Gregory Hywood
5 Approve the Remuneration Report For For
6 Approve the Potential Termination Benefits of For For Antony Catalano
Fairfax Media Ltd.
Meeting Date: 11/02/2017 Country: Australia Meeting Type: Court Ticker: FXJ
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve the Scheme of Arrangement Between For For the Fairfax Media Limited and Its Shareholders
Perpetual Ltd.
Meeting Date: 11/02/2017 Country: Australia Meeting Type: Annual Ticker: PPT
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Perpetual Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve the Remuneration Report For Against
Voter Rationale: The minimum vesting period is less than three years.
3 Elect Tony D'Aloiso as Director For For
4 Approve Issuance of Share Rights to Geoff Lloyd For Against
Voter Rationale: The minimum vesting period is less than three years.
PT Bank Negara Indonesia (Persero) Tbk
Meeting Date: 11/02/2017 Country: Indonesia Meeting Type: Special Ticker: BBNI
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Directors and Commissioners For Against
Voter Rationale: Lack of disclosure
Smartone Telecommunications Holdings Ltd.
Meeting Date: 11/02/2017 Country: Bermuda Meeting Type: Annual Ticker: 315
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Final Dividend For For
3.1a Elect Fung Yuk-lun, Allen as Director For For
3.1b Elect Chan Kai-lung, Patrick as Director For For
3.1c Elect Chau Kam-kun, Stephen as Director For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Smartone Telecommunications Holdings Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
3.1d Elect Ng Leung-sing as Director For Against
Voter Rationale: Length of tenure compromises independence on key committees
3.1e Elect Lam Kwok-fung, Kenny as Director For For
3.2 Authorize Board to Fix Remuneration of For For Directors
4 Approve PricewaterhouseCoopers as Auditor For For and Authorize Board to Fix Their Remuneration
5 Approve Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights
6 Authorize Repurchase of Issued Share Capital For For
7 Authorize Reissuance of Repurchased Shares For For
The Go-Ahead Group plc
Meeting Date: 11/02/2017 Country: United Kingdom Meeting Type: Annual Ticker: GOG
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Report For For
3 Approve Final Dividend For For
4 Elect Harry Holt as Director For For
5 Elect Leanne Wood as Director For For
6 Re-elect Andrew Allner as Director For For
7 Re-elect Katherine Innes Ker as Director For For
8 Re-elect Adrian Ewer as Director For For
9 Re-elect David Brown as Director For For
10 Re-elect Patrick Butcher as Director For For
11 Reappoint Deloitte LLP as Auditors For For
12 Authorise Board to Fix Remuneration of Auditors For For
13 Authorise EU Political Donations and For For Expenditure
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
The Go-Ahead Group plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
14 Authorise Issue of Equity with Pre-emptive For For Rights
15 Authorise Issue of Equity without Pre-emptive For For Rights
16 Authorise Market Purchase of Ordinary Shares For For
17 Authorise the Company to Call General Meeting For For with Two Weeks' Notice
Truworths International Ltd
Meeting Date: 11/02/2017 Country: South Africa Meeting Type: Annual Ticker: TRU
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports for the Year Ended 2 July 2017
2.1 Re-elect Hilton Saven as Director For Against
Voter Rationale: Length of tenure compromises independence and role on key committee
2.2 Re-elect Michael Thompson as Director For Against
Voter Rationale: Length of tenure compromises independence and role on key committee
2.3 Re-elect Roddy Sparks as Director For For
2.4 Re-elect Thandi Ndlovu as Director For For
3 Authorise Board to Issue Shares for Cash For For
4 Authorise Repurchase of Issued Share Capital For For
5 Reappoint Ernst & Young Inc. as Auditors of the For For Company with Tina Rookledge as the Registered Auditor and Authorise Their Remuneration
6 Approve Remuneration of Non-executive For For Directors
7.1 Re-elect Michael Thompson as Member of the For Against Audit Committee Voter Rationale: Length of tenure compromises independence and role on key committee
7.2 Re-elect Robert Dow as Member of the Audit For For Committee
7.3 Re-elect Roddy Sparks as Member of the Audit For For Committee
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Truworths International Ltd
Proposal Vote Number Proposal Text Mgmt Rec Instruction
8.1 Approve Remuneration Policy For Against
Voter Rationale: Non financial performance targets and lack of disclosure.
8.2 Approve Implementation Report For For
9 Approve Social and Ethics Committee Report For For
10.1 Re-elect Michael Thompson as Member of the For Against Social and Ethics Committee Voter Rationale: Length of tenure compromises independence and role on key committee
10.2 Re-elect Thandi Ndlovu as Member of the Social For For and Ethics Committee
10.3 Re-elect David Pfaff as Member of the Social For For and Ethics Committee
11 Approve Financial Assistance to Related or For For Inter-related Company
United Company RUSAL Plc
Meeting Date: 11/02/2017 Country: Jersey Meeting Type: Special Ticker: 486
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Adopt Chinese Name of the Company and For For Amend the Corresponding Memorandum and Articles of Association
Weibo Corporation
Meeting Date: 11/02/2017 Country: Cayman Islands Meeting Type: Annual Ticker: WB
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Director Charles Chao For For
2 Elect Director Daniel Yong Zhang For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Western Digital Corporation
Meeting Date: 11/02/2017 Country: USA Meeting Type: Annual Ticker: WDC
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1a Elect Director Martin I. Cole For For
1b Elect Director Kathleen A. Cote For For
1c Elect Director Henry T. DeNero For Against
Voter Rationale: Length of tenure compromises position as chair of key committee
1d Elect Director Michael D. Lambert For Against
Voter Rationale: Length of tenure compromises position as chair of key committee
1e Elect Director Len J. Lauer For For
1f Elect Director Matthew E. Massengill For For
1g Elect Director Stephen D. Milligan For For
1h Elect Director Paula A. Price For For
2 Advisory Vote to Ratify Named Executive For Against Officers' Compensation Voter Rationale: The compensation committee changed the criteria applicable to previously granted performance share awards at the end of the performance period. Performance against the original goals was well below target, while after the change performance was assessed to be near target.
3 Advisory Vote on Say on Pay Frequency One Year One Year
4 Amend Omnibus Stock Plan For Against
Voter Rationale: Dilution greater than 10%
5 Ratify KPMG LLP as Auditors For For
Wilmington plc
Meeting Date: 11/02/2017 Country: United Kingdom Meeting Type: Annual Ticker: WIL
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Report For For
3 Approve Remuneration Policy For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Wilmington plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
4 Approve Final Dividend For For
5 Re-elect Mark Asplin as Director For For
6 Re-elect Pedro Ros as Director For For
7 Re-elect Anthony Foye as Director For For
8 Re-elect Derek Carter as Director For For
9 Re-elect Nathalie Schwarz as Director For For
10 Re-elect Paul Dollman as Director For For
11 Reappoint PricewaterhouseCoopers LLP as For For Auditors
12 Authorise Board to Fix Remuneration of Auditors For For
13 Authorise Issue of Equity with Pre-emptive For For Rights
14 Approve Performance Share Plan For For
15 Authorise Issue of Equity without Pre-emptive For For Rights
16 Authorise Market Purchase of Ordinary Shares For For
17 Authorise the Company to Call General Meeting For For with Two Weeks' Notice
Allied Irish Banks plc
Meeting Date: 11/03/2017 Country: Ireland Meeting Type: Special Ticker: AIB1
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Matters Relating to the Establishment For For of the New Holding Company
2 Approve Distributable Reserves For For
Allied Irish Banks plc
Meeting Date: 11/03/2017 Country: Ireland Meeting Type: Court Ticker: AIB1
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Allied Irish Banks plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Scheme of Arrangement For For
Hyundai Livart Furniture Co. Ltd.
Meeting Date: 11/03/2017 Country: South Korea Meeting Type: Special Ticker: A079430
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Merger Agreement with Hyundai H&S For For
Pressure Technologies plc
Meeting Date: 11/03/2017 Country: United Kingdom Meeting Type: Special Ticker: PRES
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Authorise Issue of Equity in Connection with the For For Placing
2 Authorise Issue of Equity with Pre-emptive For For Rights
3 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with the Placing
4 Authorise Issue of Equity without Pre-emptive For For Rights
SINA Corporation
Meeting Date: 11/03/2017 Country: Cayman Islands Meeting Type: Proxy Contest Ticker: SINA
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
SINA Corporation
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Director Yichen Zhang For For
2 Ratify PricewaterhouseCoopers Zhong Tian LLP For For as Auditors
3 Elect Director Brett H. Krause Against Against
Voter Rationale: Supporting management.
4 Elect Director Thomas J. Manning Against Against
Voter Rationale: Supporting management.
Spark New Zealand Limited
Meeting Date: 11/03/2017 Country: New Zealand Meeting Type: Annual Ticker: SPK
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Authorize the Board to Fix Remuneration of the For For Auditors
2 Elect Paul Berriman as Director For For
3 Elect Charles Sitch as Director For For
4 Approve the Increase in Maximum Aggregate For For Remuneration of Non-Executive Directors
Genesis Emerging Markets Fund Limited
Meeting Date: 11/06/2017 Country: Guernsey Meeting Type: Annual Ticker: GSS
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Report For For
3 Ratify KPMG Channel Islands Limited as For For Auditors
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Genesis Emerging Markets Fund Limited
Proposal Vote Number Proposal Text Mgmt Rec Instruction
4 Authorise Board to Fix Remuneration of Auditors For For
5 Approve Final Dividend For For
6 Re-elect Sujit Banerji as Director For For
7 Re-elect Russell Edey as Director For For
8 Re-elect Saffet Karpat as Director For For
9 Re-elect John Llewellyn as Director For For
10 Re-elect Helene Ploix as Director For For
11 Elect Katherine Tsang as Director For For
12 Authorise Market Purchase of Participating For For Preference Shares
Impact Healthcare REIT Plc
Meeting Date: 11/06/2017 Country: United Kingdom Meeting Type: Special Ticker: IHR
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Authorise Issue of Equity Pursuant to the For For Capital Raising
2 Authorise Issue of Equity without Pre-emptive For For Rights Pursuant to the Capital Raising
IRB Brasil Resseguros SA
Meeting Date: 11/06/2017 Country: Brazil Meeting Type: Special Ticker: IRBR3
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Edson Soares Ferreira, Helio Lima For For Magalhaes and Oswaldo Mario Pego de Amorim Azevedo as Independent Directors
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Murray Income Trust PLC
Meeting Date: 11/06/2017 Country: United Kingdom Meeting Type: Annual Ticker: MUT
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Report For For
3 Approve Remuneration Policy For For
4 Approve Final Dividend For For
5 Re-elect Mike Balfour as Director For For
6 Re-elect Donald Cameron as Director For For
7 Re-elect Jean Park as Director For For
8 Re-elect Neil Rogan as Director For For
9 Re-elect David Woods as Director For For
10 Reappoint Ernst & Young LLP as Auditors For For
11 Authorise Board to Fix Remuneration of Auditors For For
12 Approve Increase in the Aggregate Annual Limit For For of Fees Payable to Directors
13 Authorise Issue of Equity with Pre-emptive For For Rights
14 Authorise Issue of Equity without Pre-emptive For For Rights
15 Authorise Market Purchase of Ordinary Shares For For
Automatic Data Processing, Inc.
Meeting Date: 11/07/2017 Country: USA Meeting Type: Proxy Contest Ticker: ADP
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Peter Bisson For For
1.2 Elect Director Richard T. Clark For For
1.3 Elect Director Eric C. Fast For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Automatic Data Processing, Inc.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.4 Elect Director Linda R. Gooden For For
1.5 Elect Director Michael P. Gregoire For For
1.6 Elect Director R. Glenn Hubbard For For
1.7 Elect Director John P. Jones For For
1.8 Elect Director William J. Ready For For
1.9 Elect Director Carlos A. Rodriguez For For
1.10 Elect Director Sandra S. Wijnberg For For
2 Advisory Vote to Ratify Named Executive For For Officers' Compensation
3 Advisory Vote on Say on Pay Frequency One Year One Year
4 Ratify Deloitte & Touche LLP as Auditors For For
5 Repeal Amendments to the Company's By-Laws Against For Adopted Without Stockholder Approval After August 2, 2016 Voter Rationale: Additional shareholder oversight at board level could be beneficial
CATCo Reinsurance Opportunities Fund Ltd.
Meeting Date: 11/07/2017 Country: Bermuda Meeting Type: Special Ticker: CAT
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Share Sub-Division and Re-Designation For Against
Voter Rationale: The Company has not provided a specific business case that such issuances are essential to ensuring the continuation of the business nor any explanation regarding the high number of shares to be issued under the proposed Fundraiser
2 Authorise Issue of Equity without Pre-emptive For Against Rights Pursuant to the Capital Raising Voter Rationale: The Company has not provided a specific business case that such issuances are essential to ensuring the continuation of the business nor any explanation regarding the high number of shares to be issued under the proposed Fundraiser
Delphi Automotive PLC
Meeting Date: 11/07/2017 Country: Jersey Meeting Type: Special Ticker: DLPH
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Delphi Automotive PLC
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Change Company Name to Aptiv PLC For For
Eurocommercial Properties NV
Meeting Date: 11/07/2017 Country: Netherlands Meeting Type: Annual Ticker: ECMPA
Proposal Vote Number Proposal Text Mgmt Rec Instruction
3 Adopt Financial Statements and Statutory For For Reports and Allow Publication of Information in English
4 Approve Dividends of EUR 0.210 Per Share and For For EUR 2.10 per Depositary Receipt
5 Approve Discharge of Management Board For For
6 Approve Discharge of Supervisory Board For For
7 Reelect C. Croff to Supervisory Board For For
8 Reelect J.-A. Persson to Supervisory Board For For
9 Approve Remuneration of Supervisory Board For For
10 Approve Remuneration Policy For For
11 Ratify KPMG as Auditors For For
12 Grant Board Authority to Issue Shares Up To 20 For For Percent of Issued Capital
13 Authorize Repurchase of Up to 10 Percent of For For Issued Share Capital
Jupiter European Opportunities Trust PLC
Meeting Date: 11/07/2017 Country: United Kingdom Meeting Type: Annual Ticker: JEO
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Jupiter European Opportunities Trust PLC
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Report For For
3 Approve Remuneration Policy For For
4 Approve Final Dividend For For
5 Re-elect Andrew Sutch as Director For For
6 Re-elect Philip Best as Director For For
7 Re-elect Lord Lamont of Lerwick as Director For For
8 Re-elect John Wallinger as Director For For
9 Reappoint Ernst & Young LLP as Auditors For For
10 Authorise Board to Fix Remuneration of Auditors For For
11 Approve Continuation of Company as For For Investment Trust
12 Authorise Issue of Equity with Pre-emptive For For Rights
13 Authorise Issue of Equity without Pre-emptive For For Rights
14 Authorise Market Purchase of Ordinary Shares For For
15 Authorise the Company to Call General Meeting For For with Two Weeks' Notice
Petroleo Brasileiro SA-Petrobras
Meeting Date: 11/07/2017 Country: Brazil Meeting Type: Special Ticker: PETR4
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Absorption of DOWNSTREAM For For PARTICIPACOES LTDA (Downstream)
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Petroleo Brasileiro SA-Petrobras
Meeting Date: 11/07/2017 Country: Brazil Meeting Type: Special Ticker: PETR4
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Absorption of DOWNSTREAM For For PARTICIPACOES LTDA (Downstream)
Prosperity Voskhod Fund Ltd
Meeting Date: 11/07/2017 Country: Guernsey Meeting Type: Special Ticker: N/A
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve the Liquidator's Interim Report For Against
Voter Rationale: Lack of disclosure.
2 Approve Adjournment of Meeting For Against
Voter Rationale: Lack of disclosure.
Adtalem Global Education Inc.
Meeting Date: 11/08/2017 Country: USA Meeting Type: Annual Ticker: ATGE
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Lyle Logan For For
1.2 Elect Director Michael W. Malafronte For For
1.3 Elect Director Ronald L. Taylor For For
1.4 Elect Director Lisa W. Wardell For For
1.5 Elect Director Ann Weaver Hart For For
1.6 Elect Director James D. White For For
1.7 Elect Director William W. Burke For For
1.8 Elect Director Kathy Boden Holland For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Adtalem Global Education Inc.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Ratify PricewaterhouseCoopers LLP as Auditors For For
3 Advisory Vote to Ratify Named Executive For For Officers' Compensation
4 Advisory Vote on Say on Pay Frequency One Year One Year
5 Amend Omnibus Stock Plan For For
Altium Ltd.
Meeting Date: 11/08/2017 Country: Australia Meeting Type: Annual Ticker: ALU
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Approve Remuneration Report For Against
Voter Rationale: The minimum vesting period is less than three years.
3 Elect Lynn Mickleburgh as Director For For
4 Approve the Grant of Performance Rights to For Against Aram Mirkazemi Voter Rationale: The minimum vesting period is less than three years.
5 Approve Renewal of Proportional Takeover For For Provisions
Cardinal Health, Inc.
Meeting Date: 11/08/2017 Country: USA Meeting Type: Annual Ticker: CAH
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director David J. Anderson For For
1.2 Elect Director Colleen F. Arnold For For
1.3 Elect Director George S. Barrett For For
1.4 Elect Director Carrie S. Cox For For
1.5 Elect Director Calvin Darden For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Cardinal Health, Inc.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.6 Elect Director Bruce L. Downey For For
1.7 Elect Director Patricia A. Hemingway Hall For For
1.8 Elect Director Clayton M. Jones For For
1.9 Elect Director Gregory B. Kenny For For
1.10 Elect Director Nancy Killefer For For
1.11 Elect Director David P. King For For
2 Ratify Ernst & Young LLP as Auditors For For
3 Advisory Vote to Ratify Named Executive For For Officers' Compensation
4 Advisory Vote on Say on Pay Frequency One Year One Year
5 Require Independent Board Chairman Against Against
6 Provide For Confidential Running Vote Tallies On Against Against Executive Pay Matters
China Power International Development Ltd.
Meeting Date: 11/08/2017 Country: Hong Kong Meeting Type: Special Ticker: 2380
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Agreement I, Agreement II and For For Related Transactions
Craneware plc
Meeting Date: 11/08/2017 Country: United Kingdom Meeting Type: Annual Ticker: CRW
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Report For Against
Voter Rationale: Executive Directors granted one-off Benchmark Adjustments which are significant in value.
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Craneware plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
3 Re-elect George Elliott as Director For For
4 Re-elect Ron Verni as Director For For
5 Re-elect Keith Neilson as Director For For
6 Re-elect Craig Preston as Director For For
7 Re-elect Colleen Blye as Director For For
8 Re-elect Russ Rudish as Director For For
9 Approve Final Dividend For For
10 Reappoint PricewaterhouseCoopers LLP as For For Auditors and Authorise Their Remuneration
11 Authorise Issue of Equity with Pre-emptive For For Rights
12 Authorise Issue of Equity without Pre-emptive For For Rights
13 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment
14 Authorise Market Purchase of Ordinary Shares For For
Eutelsat Communications
Meeting Date: 11/08/2017 Country: France Meeting Type: Annual/Special Ticker: ETL
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Financial Statements and Statutory For For Reports
2 Approve Consolidated Financial Statements and For For Statutory Reports
3 Approve Auditors' Special Report on For For Related-Party Transactions
4 Approve Allocation of Income and Dividends of For For EUR 1.21 per Share
5 Elect Paul-Francois Fournier as Director For For
6 Elect Dominique D'Hinnin as Director For For
7 Elect Esther Gaide as Director For For
8 Elect Didier Leroy as Director For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Eutelsat Communications
Proposal Vote Number Proposal Text Mgmt Rec Instruction
9 Renew Appointment of Mazars as Auditor For For
10 Subject to Rejection of Item 31, Appoint For For Cabinet CBA as Alternate Auditor
11 Non-Binding Vote on Compensation of Michel de For For Rosen, Chairman
12 Non-Binding Vote on Compensation of Rodolphe For For Belmer, CEO
13 Non-Binding Vote on Compensation of Michel For For Azibert, Vice-CEO
14 Non-Binding Vote on Compensation of Yohann For For Leroy, Vice-CEO
15 Approve Remuneration Policy of Chairman For For
16 Approve Remuneration Policy of CEO For For
17 Approve Remuneration Policy of Vice-CEOs For For
18 Approve Remuneration of Directors in the For For Aggregate Amount of EUR 985,000
19 Authorize Repurchase of Up to 10 Percent of For For Issued Share Capital
20 Authorize Decrease in Share Capital via For For Cancellation of Repurchased Shares
21 Authorize Capitalization of Reserves of Up to For Against EUR 44 Million for Bonus Issue or Increase in Par Value Voter Rationale: Can be used during a takeover period.
22 Authorize Issuance of Equity or Equity-Linked For For Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 44 Million
23 Authorize Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 22 Million
24 Approve Issuance of Equity or Equity-Linked For For Securities for Private Placements, up to Aggregate Nominal Amount of EUR 22 Million
25 Authorize Board to Set Issue Price for 10 For For Percent Per Year of Issued Capital Pursuant to Issue Authority without Preemptive Rights
26 Authorize Board to Increase Capital in the Event For For of Additional Demand Related to Delegation Submitted to Shareholder Vote Above
27 Authorize Capital Increase of Up to EUR 22 For For Million for Future Exchange Offers
28 Authorize Capital Increase of up to 10 Percent For For of Issued Capital for Contributions in Kind
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Eutelsat Communications
Proposal Vote Number Proposal Text Mgmt Rec Instruction
29 Authorize Issuance of Equity upon Conversion of For For a Subsidiary's Equity-Linked Securities for Up to EUR 22 Million
30 Authorize Capital Issuances for Use in Employee For For Stock Purchase Plans
31 Amend Article 19 of Bylaws to Comply with New For For Regulations Re: Auditor
32 Amend Article 4 of Bylaws Re: Headquarters For For
33 Authorize Filing of Required Documents/Other For For Formalities
Fortescue Metals Group Ltd.
Meeting Date: 11/08/2017 Country: Australia Meeting Type: Annual Ticker: FMG
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Remuneration Report For For
2 Elect Andrew Forrest as Director For For
3 Elect Mark Barnaba as Director For For
4 Elect Penelope Bingham-Hall as Director For For
5 Elect Jennifer Morris as Director For Against
Voter Rationale: Lack of independence.
6 Approve Issuance of Shares to Elizabeth Gaines For Against Under the Performance Rights Plan Voter Rationale: Strategic hurdles do not align with long-term value and are already part of the bonus.
7 Approve the Increase in Maximum Aggregate None Against Remuneration of Non-Executive Directors Voter Rationale: Lack of justification for increase.
8 Approve Renewal of Proportional Takeover For For Provisions
Jumbo SA
Meeting Date: 11/08/2017 Country: Greece Meeting Type: Annual Ticker: BELA
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Jumbo SA
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2.a Approve Allocation of Income For For
2.b Approve Remuneration of Certain Board For Against Members Voter Rationale: Level of disclosure is below market standard.
3 Approve Discharge of Board and Auditors For For
4 Approve Auditors and Fix Their Remuneration For For
5 Elect Directors (Bundled) For Against
Voter Rationale: Bundled director resolutions are not in shareholders' interests.
6 Elect Members of Audit Committee For For
7 Approve Related Party Transactions For Against
Voter Rationale: Lack of disclosure so unable to make an informed decision.
8 Authorize Issuance of New Convertible Bond For Against
Voter Rationale: Proposed dilution exceeds 10% of the outstanding capital.
Lam Research Corporation
Meeting Date: 11/08/2017 Country: USA Meeting Type: Annual Ticker: LRCX
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Martin B. Anstice For For
1.2 Elect Director Eric K. Brandt For For
1.3 Elect Director Michael R. Cannon For For
1.4 Elect Director Youssef A. El-Mansy For For
1.5 Elect Director Christine A. Heckart For For
1.6 Elect Director Young Bum (YB) Koh For For
1.7 Elect Director Catherine P. Lego For For
1.8 Elect Director Stephen G. Newberry For For
1.9 Elect Director Abhijit Y. Talwalkar For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Lam Research Corporation
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.10 Elect Director Lih Shyng (Rick L.) Tsai For For
2 Advisory Vote to Ratify Named Executive For For Officers' Compensation
3 Advisory Vote on Say on Pay Frequency One Year One Year
4 Ratify Ernst & Young LLP as Auditors For For
5 Adopt Policy to Annually Disclose EEO-1 Data Against For
Voter Rationale: The proposal requires the company to disclose the race and gender composition of its workforce by job categories. The company lags in the area of diversity disclosure, therefore a vote "for" is warranted.
Meredith Corporation
Meeting Date: 11/08/2017 Country: USA Meeting Type: Annual Ticker: MDP
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Philip A. Marineau For Withhold
Voter Rationale: Length of tenure compromises independence and position on key committee
1.2 Elect Director Elizabeth E. Tallett For For
1.3 Elect Director Donald A. Baer For For
1.4 Elect Director Thomas H. Harty For For
1.5 Elect Director Beth J. Kaplan For For
2 Advisory Vote to Ratify Named Executive For Against Officers' Compensation Voter Rationale: Auto accelerated vesting upon change in control, tax gross up in CIC agreement and no clawback policy
3 Advisory Vote on Say on Pay Frequency One Year One Year
4 Ratify KPMG LLP as Auditors For For
Ricardo plc
Meeting Date: 11/08/2017 Country: United Kingdom Meeting Type: Annual Ticker: RCDO
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Ricardo plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Final Dividend For For
3 Reappoint PricewaterhouseCoopers LLP as For For Auditors
4 Authorise the Audit Committee to Fix For For Remuneration of Auditors
5 Elect Bill Spencer as Director For For
6 Re-elect Sir Terry Morgan as Director For For
7 Re-elect Ian Gibson as Director For For
8 Re-elect Peter Gilchrist as Director For For
9 Re-elect Laurie Bowen as Director For For
10 Re-elect Dave Shemmans as Director For For
11 Re-elect Malin Persson as Director For Against
Voter Rationale: Individual has more than 5 other directorships and is overboarded.
12 Re-elect Mark Garrett as Director For For
13 Approve Remuneration Report For For
14 Approve Remuneration Policy For For
15 Authorise Issue of Equity with Pre-emptive For For Rights
16 Authorise Issue of Equity without Pre-emptive For For Rights
17 Authorise Market Purchase of Ordinary Shares For For
18 Authorise the Company to Call General Meeting For For with Two Weeks' Notice
Strategic Equity Capital plc
Meeting Date: 11/08/2017 Country: United Kingdom Meeting Type: Annual Ticker: SEC
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Strategic Equity Capital plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Final Dividend For For
3 Approve Remuneration Report For For
4 Re-elect Richard Hills as Director For For
5 Re-elect Josephine Dixon as Director For For
6 Re-elect Sir Clive Thompson as Director For For
7 Re-elect Richard Locke as Director For For
8 Re-elect William Barlow as Director For For
9 Reappoint KPMG LLP as Auditors For For
10 Authorise Board to Fix Remuneration of Auditors For For
11 Approve Continuation of Company as For For Investment Trust
12 Authorise Issue of Equity with Pre-emptive For For Rights
13 Authorise Issue of Equity without Pre-emptive For For Rights
14 Authorise Market Purchase of Ordinary Shares For For
Whiting Petroleum Corporation
Meeting Date: 11/08/2017 Country: USA Meeting Type: Special Ticker: WLL
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Reverse Stock Split and Reduce Shares For For Authorized
Cedar Woods Properties Ltd
Meeting Date: 11/09/2017 Country: Australia Meeting Type: Annual Ticker: CWP
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Cedar Woods Properties Ltd
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect William G Hames as Director For For
2 Elect Jane M Muirsmith as Director For For
3 Approve Remuneration Report For For
4 Approve Issuance of Performance Rights to For For Nathan Blackburne
5 Approve Retirement Benefits to Paul Sadleir For For
Charter Hall Group
Meeting Date: 11/09/2017 Country: Australia Meeting Type: Annual/Special Ticker: CHC
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect David Ross as Director For For
2 Approve Remuneration Report For Against
Voter Rationale: Lack of disclosure around performance criteria.
3 Approve Issuance of Service Rights to David For For Harrison
4 Approve Issuance of Performance Rights to For For David Harrison
5 Approve the Increase in Maximum Aggregate None For Remuneration of Non-Executive Directors
Eagle Eye Solutions Group PLC
Meeting Date: 11/09/2017 Country: United Kingdom Meeting Type: Annual Ticker: EYE
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For Against Reports Voter Rationale: Retesting of performance conditions.
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Eagle Eye Solutions Group PLC
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Re-elect Malcolm Wall as Director For For
3 Re-elect Lucy Sharman-Munday as Director For For
4 Re-elect Drew Thomson as Director For For
5 Reappoint RSM UK Audit LLP as Auditors and For For Authorise Their Remuneration
6 Authorise Issue of Equity with Pre-emptive For For Rights
7 Authorise Issue of Equity without Pre-emptive For Against Rights Voter Rationale: Excessive dilution
Flight Centre Travel Group Ltd
Meeting Date: 11/09/2017 Country: Australia Meeting Type: Annual Ticker: FLT
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect John Eales as Director For For
2 Approve the Remuneration Report For For
Ituran Location and Control Ltd.
Meeting Date: 11/09/2017 Country: Israel Meeting Type: Annual Ticker: ITRN
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Reappoint Fahn Kanne & Co. as Auditors and For For Authorize Board to Fix Their Remuneration
3.1 Reelect Nir Sheratzky as Director For For
3.2 Reelect Yigal Shani as Director For For
3.3 Reelect Yehuda Kahane as Director For For
4 Approve Service Agreements of Officers For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Ituran Location and Control Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
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
Voter Rationale: Administrative
J D Wetherspoon plc
Meeting Date: 11/09/2017 Country: United Kingdom Meeting Type: Annual Ticker: JDW
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Report For Against
Voter Rationale: Lack of disclosure and excessive quantum.
3 Approve Remuneration Policy For For
4 Approve Final Dividend For For
5 Re-elect Tim Martin as Director For For
6 Re-elect John Hutson as Director For For
7 Re-elect Su Cacioppo as Director For For
8 Re-elect Ben Whitley as Director For For
9 Re-elect Debra van Gene as Director For Against
Voter Rationale: Head of remuneration and consecutive votes against report.
10 Re-elect Elizabeth McMeikan as Director For For
11 Re-elect Sir Richard Beckett as Director For For
12 Re-elect Harry Morley as Director For For
13 Appoint Grant Thornton LLP as Auditors and For For Authorise Their Remuneration
14 Authorise Issue of Equity with Pre-emptive For For Rights
15 Authorise Issue of Equity without Pre-emptive For For Rights
16 Authorise Market Purchase of Ordinary Shares For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
J D Wetherspoon plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
17 Authorise the Company to Call General Meeting For For with Two Weeks' Notice
J D Wetherspoon plc
Meeting Date: 11/09/2017 Country: United Kingdom Meeting Type: Special Ticker: JDW
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Waiver on Tender-Bid Requirement For For
Jack Henry & Associates, Inc.
Meeting Date: 11/09/2017 Country: USA Meeting Type: Annual Ticker: JKHY
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Matthew C. Flanigan For For
1.2 Elect Director John F. Prim For For
1.3 Elect Director Thomas H. Wilson, Jr. For For
1.4 Elect Director Jacque R. Fiegel For For
1.5 Elect Director Thomas A. Wimsett For For
1.6 Elect Director Laura G. Kelly For For
1.7 Elect Director Shruti S. Miyashiro For For
1.8 Elect Director Wesley A. Brown For For
1.9 Elect Director David B. Foss For For
2 Advisory Vote to Ratify Named Executive For For Officers' Compensation
3 Advisory Vote on Say on Pay Frequency One Year One Year
4 Amend Executive Incentive Bonus Plan For For
5 Ratify PricewaterhouseCoopers, LLP as Auditors For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Karoon Gas Australia Ltd.
Meeting Date: 11/09/2017 Country: Australia Meeting Type: Annual Ticker: KAR
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Remuneration Report For For
2 Elect David Klingner as Director For For
3 Elect Geoff Atkins as Director For For
4 Elect Clark Davey as Director For For
5 Approve Issuance of ESOP Options and None For Performance Rights to Robert Hosking
6 Approve Issuance of ESOP Options and None For Performance Rights to Mark Smith
Pernod Ricard
Meeting Date: 11/09/2017 Country: France Meeting Type: Annual/Special Ticker: RI
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Financial Statements and Statutory For For Reports
2 Approve Consolidated Financial Statements and For For Statutory Reports
3 Approve Allocation of Income and Dividends of For For EUR 2.02 per Share
4 Approve Auditors' Special Report on For For Related-Party Transactions
5 Reelect Anne Lange as Director For For
6 Reelect Veronica Vargas as Director For For
7 Reelect Paul Ricard as Director For For
8 Renew Appointment of Deloitte & Associes as For For Auditor
9 Approve Remuneration of Directors in the For For Aggregate Amount of EUR 970,000
10 Approve Remuneration Policy of Alexandre For For Ricard, Chairman and CEO
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Pernod Ricard
Proposal Vote Number Proposal Text Mgmt Rec Instruction
11 Non-Binding Vote on Compensation of For Against Alexandre Ricard, Chairman and CEO Voter Rationale: 66% of the TSR award vests at median performance which is excessive.
12 Authorize Repurchase of Up to 10 Percent of For Against Issued Share Capital Voter Rationale: Can be used during takeover periods.
13 Authorize Decrease in Share Capital via For For Cancellation of Repurchased Shares
14 Authorize Issuance of Equity or Equity-Linked For For Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 135 Million
15 Authorize Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 41 Million
16 Authorize Board to Increase Capital in the Event For For of Additional Demand Related to Delegation Submitted to Shareholder Vote Above
17 Approve Issuance of Equity or Equity-Linked For For Securities for up to 20 Percent of Issued Capital Per Year for Private Placements, up to Aggregate Nominal Amount of EUR 41 Million
18 Authorize Capital Increase of up to 10 Percent For For of Issued Capital for Contributions in Kind
19 Authorize Capital Increase of up to 10 Percent For For of Issued Capital for Future Exchange Offers
20 Authorize Capitalization of Reserves of Up to For For EUR 135 Million for Bonus Issue or Increase in Par Value
21 Authorize Capital Issuances for Use in Employee For For Stock Purchase Plans
22 Authorize Filing of Required Documents/Other For For Formalities
Redrow plc
Meeting Date: 11/09/2017 Country: United Kingdom Meeting Type: Annual Ticker: RDW
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Redrow plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Approve Final Dividend For For
3 Re-elect Steve Morgan as Director For For
4 Re-elect John Tutte as Director For For
5 Re-elect Barbara Richmond as Director For For
6 Re-elect Debbie Hewitt as Director For For
7 Re-elect Nick Hewson as Director For For
8 Re-elect Sir Michael Lyons as Director For For
9 Elect Vanda Murray as Director For For
10 Reappoint PricewaterhouseCoopers LLP as For For Auditors
11 Authorise Board to Fix Remuneration of Auditors For For
12 Approve Remuneration Report For For
13 Approve Remuneration Policy For For
14 Approve Increase in the Remuneration Cap of For For Directors
15 Authorise Issue of Equity with Pre-emptive For For Rights
16 Approve Waiver on Tender-Bid Requirement For For
17 Authorise Issue of Equity without Pre-emptive For For Rights
18 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment
19 Authorise Market Purchase of Ordinary Shares For For
20 Authorise the Company to Call General Meeting For For with Two Weeks' Notice
Sun Hung Kai Properties Ltd.
Meeting Date: 11/09/2017 Country: Hong Kong Meeting Type: Annual Ticker: 16
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Sun Hung Kai Properties Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Approve Final Dividend For For
3.1a Elect Lui Ting, Victor as Director For For
3.1b Elect Li Ka-cheung, Eric as Director For Against
Voter Rationale: He is overboarded as serves on 6 public company boards
3.1c Elect Leung Ko May-yee, Margaret as Director For For
3.1d Elect Po-shing Woo as Director For Against
Voter Rationale: Woo Po-shing has attended less than 75 percent of board meetings in the most recent fiscal year, without a satisfactory explanation
3.1e Elect Tung Chi-ho, Eric as Director For For
3.1f Elect Fung Yuk-lun, Allen as Director For For
3.2 Approve Directors' Fees For For
4 Approve Deloitte Touche Tohmatsu as Auditor For For and Authorize Board to Fix Their Remuneration
5 Authorize Repurchase of Issued Share Capital For For
6 Approve Issuance of Equity or Equity-Linked For Against Securities without Preemptive Rights Voter Rationale: The aggregate share issuance limit is greater than 10 percent
7 Authorize Reissuance of Repurchased Shares For Against
Voter Rationale: The aggregate share issuance limit is greater than 10 percent
Tapestry, Inc.
Meeting Date: 11/09/2017 Country: USA Meeting Type: Annual Ticker: TPR
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1a Elect Director David Denton For For
1b Elect Director Andrea Guerra For For
1c Elect Director Susan Kropf For For
1d Elect Director Annabelle Yu Long For For
1e Elect Director Victor Luis For For
1f Elect Director Ivan Menezes For For
1g Elect Director William Nuti For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Tapestry, Inc.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1h Elect Director Jide Zeitlin For For
2 Ratify Deloitte & Touche LLP as Auditors For For
3 Advisory Vote to Ratify Named Executive For For Officers' Compensation
4 Advisory Vote on Say on Pay Frequency One Year One Year
5 Amend Omnibus Stock Plan For For
6 Report on Net-Zero Greenhouse Gas Emissions Against Against
Voter Rationale: For a second year, we voted against a resolution asking the company to develop a net-zero emissions target by 2030. The company does not operate in a high-risk sector and already demonstrates significant improvement in minimising its emissions with clear targets to 2020 and improving transparency on its climate change strategy.
7 Report on Risks from Company's Use of Real Against Against Animal Fur Voter Rationale: The resolution requests that the company produce a report on the risks of using real animal fur withni six months of the AGM. We believe that this resolution is prescriptive and does not represent a material risk for the business, as the company has already established an animal welfare policy that meets industry standards.
Trade Me Group Ltd.
Meeting Date: 11/09/2017 Country: New Zealand Meeting Type: Annual Ticker: TME
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Authorize Board to Fix Remuneration of the For For Auditors
2 Elect Simon West as Director For For
3 Elect David Kirk as Director For Against
Voter Rationale: Overboarding concerns.
4 Elect Joanna Perry as Director For For
Galliford Try plc
Meeting Date: 11/10/2017 Country: United Kingdom Meeting Type: Annual Ticker: GFRD
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Galliford Try plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Report For For
3 Approve Remuneration Policy For For
4 Approve Final Dividend For For
5 Elect Jeremy Townsend as Director For For
6 Re-elect Peter Truscott as Director For For
7 Re-elect Graham Prothero as Director For For
8 Re-elect Ishbel Macpherson as Director For For
9 Re-elect Terry Miller as Director For For
10 Re-elect Gavin Slark as Director For For
11 Re-elect Peter Ventress as Director For For
12 Reappoint PricewaterhouseCoopers LLP as For For Auditors
13 Authorise the Audit Committee to Fix For For Remuneration of Auditors
14 Authorise Issue of Equity with Pre-emptive For For Rights
15 Authorise EU Political Donations and For For Expenditure
16 Authorise Issue of Equity without Pre-emptive For For Rights
17 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment
18 Authorise Market Purchase of Ordinary Shares For For
19 Authorise the Company to Call General Meeting For For with Two Weeks' Notice
Maxim Integrated Products, Inc.
Meeting Date: 11/10/2017 Country: USA Meeting Type: Annual Ticker: MXIM
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Maxim Integrated Products, Inc.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1a Elect Director William (Bill) P. Sullivan For For
1b Elect Director Tunc Doluca For For
1c Elect Director Tracy C. Accardi For For
1d Elect Director James R. Bergman For For
1e Elect Director Joseph R. Bronson For For
1f Elect Director Robert E. Grady For For
1g Elect Director William D. Watkins For For
1h Elect Director MaryAnn Wright For For
2 Ratify PricewaterhouseCoopers LLP as Auditors For For
3 Amend Qualified Employee Stock Purchase Plan For For
4 Advisory Vote to Ratify Named Executive For Against Officers' Compensation Voter Rationale: The minimum vesting period is less than three years.
5 Advisory Vote on Say on Pay Frequency One Year One Year
Performance Food Group Company
Meeting Date: 11/10/2017 Country: USA Meeting Type: Annual Ticker: PFGC
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Meredith Adler For Withhold
Voter Rationale: The board has failed to remove the classified board and supermajority vote requirement to enact certain changes to the governing documents, which materially impact shareholder rights.
1.2 Elect Director Jeffrey M. Overly For Withhold
Voter Rationale: The board has failed to remove the classified board and supermajority vote requirement to enact certain changes to the governing documents, which materially impact shareholder rights.
1.3 Elect Director Douglas M. Steenland For Withhold
Voter Rationale: The board has failed to remove the classified board and supermajority vote requirement to enact certain changes to the governing documents, which materially impact shareholder rights.
2 Ratify Deloitte & Touche LLP as Auditors For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Performance Food Group Company
Proposal Vote Number Proposal Text Mgmt Rec Instruction
3 Advisory Vote to Ratify Named Executive For For Officers' Compensation
Sitoy Group Holdings Ltd.
Meeting Date: 11/13/2017 Country: Cayman Islands Meeting Type: Annual Ticker: 1023
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Final Dividend For For
3a Elect Lau Kin Shing, Charles as Director For For
3b Elect Yeung Chi Tat as Director For For
3c Elect Kwan Po Chuen, Vincent as Director For For
3d Authorize Board to Fix Remuneration of For For Directors
4 Approve Ernst & Young as Auditors and For For Authorize Board to Fix Their Remuneration
5.1 Authorize Repurchase of Issued Share Capital For For
5.2 Approve Issuance of Equity or Equity-Linked For Against Securities without Preemptive Rights Voter Rationale: Excessive dilution.
5.3 Authorize Reissuance of Repurchased Shares For Against
Voter Rationale: Excessive dilution.
Zhengzhou Coal Mining Machinery Group Co Ltd
Meeting Date: 11/13/2017 Country: China Meeting Type: Special Ticker: 564
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Zhengzhou Coal Mining Machinery Group Co Ltd
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Joint Investment in Zhengzhou Shengji For For Mechanical and Electrical Equipment Company Limited by Zhengzhou Coal Mining Machinery Group Company Limited and Chizhou Zhongan Zhaoshang Equity Investment LLP
2 Approve Additional Investment to be Made by For For Zhengzhou Coal Mining Machinery Group Company Limited on Zhengzhou Shengji Mechanical and Electrical Equipment Company Limited
3 Approve Additional Investment to be made by For For Zhengzhou Shengji Mechanical and Electrical Equipment Company Limited on Hong Kong SMG International Co., Limited
4 Approve BDO China Shu Lun Pan Certified For For Public Accountants LLP as Auditors and Authorize Board to Fix Their Remuneration
5 Amend Administrative Measures on the Material For Abstain Investment and Financing Activities of the Company Voter Rationale: the proposed amendments may result in granting the Party Committee with legitimate authority to significantly influence the leadership and corporate governance of the company, allowing it to assert disproportionate influence over the board and expose shareholders to governance risks.
6 Amend Articles of Association For Abstain
Voter Rationale: the proposed amendments may result in granting the Party Committee with legitimate authority to significantly influence the leadership and corporate governance of the company, allowing it to assert disproportionate influence over the board and expose shareholders to governance risks.
Abacus Property Group
Meeting Date: 11/14/2017 Country: Australia Meeting Type: Annual/Special Ticker: ABP
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Approve the Remuneration Report For For
3.1 Elect Myra Salkinder as Director For Against
Voter Rationale: Lack of independence on remuneration/nomination committee.
3.2 Elect Jingmin Qian as Director For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Abacus Property Group
Proposal Vote Number Proposal Text Mgmt Rec Instruction
4 Approve the Increase in Maximum Aggregate None For Remuneration of Non-Executive Directors
5 Approve the Grant of Deferred Security For For Acquisition Rights to Frank Wolf
Abcam Plc
Meeting Date: 11/14/2017 Country: United Kingdom Meeting Type: Annual Ticker: ABC
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Final Dividend For For
3 Approve Remuneration Report For For
4 Reappoint PricewaterhouseCoopers LLP as For For Auditors
5 Authorise the Audit and Risk Committee to Fix For For Remuneration of Auditors
6 Re-elect Murray Hennessy as Director For For
7 Re-elect Jonathan Milner as Director For For
8 Re-elect Alan Hirzel as Director For For
9 Re-elect Gavin Wood as Director For For
10 Re-elect Louise Patten as Director For For
11 Re-elect Sue Harris as Director For For
12 Re-elect Mara Aspinall as Director For For
13 Authorise Issue of Equity with Pre-emptive For For Rights
14 Authorise Issue of Equity without Pre-emptive For For Rights
15 Authorise Market Purchase of Ordinary Shares For For
Computershare Limited
Meeting Date: 11/14/2017 Country: Australia Meeting Type: Annual Ticker: CPU
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Computershare Limited
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Elect Tiffany Fuller as Director For For
3 Elect Markus Kerber as Director For For
4 Elect Joseph Velli as Director For For
5 Approve the Remuneration Report For For
6 Approve the Grant of Performance Rights to For For Stuart Irving
FibraHotel
Meeting Date: 11/14/2017 Country: Mexico Meeting Type: Special Ticker: FIHO 12
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Open Meeting For For
2 Amend Trust Agreement For For
3 Maintain Issued and Unallocated Real Estate For For Trust Certificates in Treasury
4 Approve Policies and Mechanisms for Acquisition For For of Real Estate Trust Certificates
5 Authorize Board to Ratify and Execute Approved For For Resolutions
Focus Media Information Technology Co., Ltd.
Meeting Date: 11/14/2017 Country: China Meeting Type: Special Ticker: 002027
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Adjustments on Guarantee Provision For Against for Controlled Subsidiary Voter Rationale: Level of guarantee to be provided to its subsidiary is disproportionate to the level of ownership in the said subsidiary. The company has failed to provide any justifications in the meeting circular.
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Focus Media Information Technology Co., Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Approve Structured Finance Business of For For Wholly-owned Subsidiary
Growthpoint Properties Ltd
Meeting Date: 11/14/2017 Country: South Africa Meeting Type: Annual Ticker: GRT
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Accept Financial Statements and Statutory For For Reports for the Year Ended 30 June 2017
1.2.1 Re-elect Francois Marais as Director For Against
Voter Rationale: The structure of the board does not comply with King III report recommendations and is not a majority independent.
1.2.2 Re-elect Ragavan Moonsamy as Director For For
1.2.3 Re-elect Eric Visser as Director For Against
Voter Rationale: The structure of the board does not comply with King III report recommendations and is not a majority independent.
1.3.1 Re-elect Lynette Finlay as Chairman of the Audit For For Committee
1.3.2 Re-elect Peter Fechter as Member of the Audit For Against Committee Voter Rationale: Peter Fechter and John Hayward are non-independent members of the Audit Committee.
1.3.3 Re-elect John Hayward as Member of the Audit For Against Committee Voter Rationale: Peter Fechter and John Hayward are non-independent members of the Audit Committee.
1.4 Reappoint KPMG Inc as Auditors of the For For Company
1.5.1 Approve Remuneration Policy For Against
Voter Rationale: the award is over share options with an exercise price set at a significant discount to market price.
1.5.2 Approve Implementation of the Remuneration For Against Policy Voter Rationale: the award is over share options with an exercise price set at a significant discount to market price.
1.6 Place Authorised but Unissued Shares under For For Control of Directors
1.7 Authorise Directors to Issue Shares to Afford For For Shareholders Distribution Reinvestment Alternatives
1.8 Authorise Board to Issue Shares for Cash For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Growthpoint Properties Ltd
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.9 Approve Social, Ethics and Transformation For For Committee Report
2.1 Approve Non-executive Directors' Fees For For
2.2 Approve Financial Assistance to Related or For For Inter-related Companies
2.3 Authorise Repurchase of Issued Share Capital For For
MACA LTD.
Meeting Date: 11/14/2017 Country: Australia Meeting Type: Annual Ticker: MLD
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Remuneration Report For For
2 Elect Robert Ryan as Director For Against
Voter Rationale: Lack of independence on the board.
3 Elect Linton Kirk as Director For Against
Voter Rationale: Lack of independence on the board.
4 Approve Issuance of Performance Rights to For For Chris Tuckwell
5 Approve Issuance of Performance Rights to For For Geoff Baker
6 Ratify the Past Issuance of Shares to Vendors of For For Interquip Pty Ltd
7 Ratify Past Issuance of Shares to Sophisticated For For and Institutional Investors
Medusa Mining Ltd.
Meeting Date: 11/14/2017 Country: Australia Meeting Type: Annual Ticker: MML
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Raul Conde Villanueva as Director For Against
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Medusa Mining Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
Voter Rationale: Lack of independent representation on the board.
2 Approve Remuneration Report None Against
Voter Rationale: Vesting period is less than 3 years as well as accelerated vesting with a change in control.
Newcrest Mining Ltd.
Meeting Date: 11/14/2017 Country: Australia Meeting Type: Annual Ticker: NCM
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2a Elect Xiaoling Liu as Director For For
2b Elect Roger Higgins as Director For For
2c Elect Gerard Bond as Director For For
3a Approve Grant of Performance Rights to For For Sandeep Biswas
3b Approve Grant of Performance Rights to Gerard For For Bond
4 Approve the Remuneration Report For For
5 Approve Renewal of Proportional Takeover Bid For For Provisions in the Constitution
Smiths Group plc
Meeting Date: 11/14/2017 Country: United Kingdom Meeting Type: Annual Ticker: SMIN
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Report For For
3 Approve Final Dividend For For
4 Re-elect Bruno Angelici as Director For For
5 Re-elect Sir George Buckley as Director For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Smiths Group plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
6 Re-elect Tanya Fratto as Director For For
7 Re-elect Anne Quinn as Director For For
8 Re-elect William Seeger as Director For For
9 Re-elect Mark Seligman as Director For For
10 Re-elect Andrew Reynolds Smith as Director For For
11 Re-elect Sir Kevin Tebbit as Director For For
12 Elect Noel Tata as Director For For
13 Reappoint PricewaterhouseCoopers LLP as For For Auditors
14 Authorise Board to Fix Remuneration of Auditors For For
15 Authorise Issue of Equity with Pre-emptive For For Rights
16 Authorise Issue of Equity without Pre-emptive For For Rights
17 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment
18 Authorise Market Purchase of Ordinary Shares For For
19 Authorise the Company to Call General Meeting For For with Two Weeks' Notice
20 Authorise EU Political Donations and For For Expenditure
21 Adopt New Articles of Association For For
Starwood Waypoint Homes
Meeting Date: 11/14/2017 Country: USA Meeting Type: Special Ticker: SFR
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Merger Agreement For For
2 Advisory Vote on Golden Parachutes For Against
Voter Rationale: We are not supportive of golden parachutes
3 Adjourn Meeting For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
The Estee Lauder Companies Inc.
Meeting Date: 11/14/2017 Country: USA Meeting Type: Annual Ticker: EL
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Charlene Barshefsky For For
1.2 Elect Director Wei Sun Christianson For For
1.3 Elect Director Fabrizio Freda For For
1.4 Elect Director Jane Lauder For For
1.5 Elect Director Leonard A. Lauder For For
2 Ratify KPMG LLP as Auditors For For
3 Advisory Vote to Ratify Named Executive For For Officers' Compensation
4 Advisory Vote on Say on Pay Frequency One Year One Year
Arena REIT
Meeting Date: 11/15/2017 Country: Australia Meeting Type: Annual Ticker: ARF
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Remuneration Report For For
2 Elect David Ross as Director For For
3 Ratify Past Issuance of Securities to Existing For For and New Institutional Investors
4 Approve the Grant of Performance Rights to For For Bryce Mitchelson
5 Approve the Grant of Performance Rights to For For Gareth Winter
Barratt Developments plc
Meeting Date: 11/15/2017 Country: United Kingdom Meeting Type: Annual Ticker: BDEV
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Barratt Developments plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Policy For For
3 Approve Remuneration Report For For
4 Approve Final Dividend For For
5 Approve Special Dividend For For
6 Elect Jessica White as Director For For
7 Re-elect John Allan as Director For For
8 Re-elect David Thomas as Director For For
9 Re-elect Steven Boyes as Director For For
10 Re-elect Richard Akers as Director For For
11 Re-elect Tessa Bamford as Director For For
12 Re-elect Nina Bibby as Director For For
13 Re-elect Jock Lennox as Director For For
14 Reappoint Deloitte LLP as Auditors For For
15 Authorise the Audit Committee to Fix For For Remuneration of Auditors
16 Authorise EU Political Donations and For For Expenditure
17 Amend Long Term Performance Plan For For
18 Amend Deferred Bonus Plan For For
19 Authorise Issue of Equity with Pre-emptive For For Rights
20 Authorise Issue of Equity without Pre-emptive For For Rights
21 Authorise Market Purchase of Ordinary Shares For For
22 Authorise the Company to Call General Meeting For For with Two Weeks' Notice
Campbell Soup Company
Meeting Date: 11/15/2017 Country: USA Meeting Type: Annual Ticker: CPB
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Campbell Soup Company
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Fabiola R. Arredondo For For
1.2 Elect Director Howard M. Averill For For
1.3 Elect Director Bennett Dorrance For For
1.4 Elect Director Randall W. Larrimore For For
1.5 Elect Director Marc B. Lautenbach For For
1.6 Elect Director Mary Alice D. Malone For For
1.7 Elect Director Sara Mathew For For
1.8 Elect Director Keith R. McLoughlin For For
1.9 Elect Director Denise M. Morrison For For
1.10 Elect Director Nick Shreiber For For
1.11 Elect Director Archbold D. van Beuren For For
1.12 Elect Director Les C. Vinney For For
2 Ratify PricewaterhouseCoopers LLP as Auditors For For
3 Advisory Vote to Ratify Named Executive For For Officers' Compensation
4 Advisory Vote on Say on Pay Frequency One Year One Year
CDK Global, Inc.
Meeting Date: 11/15/2017 Country: USA Meeting Type: Annual Ticker: CDK
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Leslie A. Brun For For
1.2 Elect Director Willie A. Deese For For
1.3 Elect Director Amy J. Hillman For For
1.4 Elect Director Brian P. MacDonald For For
1.5 Elect Director Eileen J. Martinson For For
1.6 Elect Director Stephen A. Miles For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
CDK Global, Inc.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.7 Elect Director Robert E. Radway For For
1.8 Elect Director Stephen F. Schuckenbrock For For
1.9 Elect Director Frank S. Sowinski For For
1.10 Elect Director Robert M. Tarkoff For For
2 Advisory Vote to Ratify Named Executive For Against Officers' Compensation Voter Rationale: The minimum vesting period is less than three years.
3 Ratify Deloitte & Touche LLP as Auditors For For
Ethernity Networks Ltd.
Meeting Date: 11/15/2017 Country: Israel Meeting Type: Special Ticker: ENET
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Zohar Yinon as External Director For For
2 Elect Chen Saft-Feiglin as External Director For For
3 Issue Updated Indemnification Agreements to For For Directors/Officers
4 Approve D&O Indemnification Insurance For For Coverage
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
Voter Rationale: Administrative
JPMorgan Funds - America Equity Fund
Meeting Date: 11/15/2017 Country: Luxembourg Meeting Type: Special Ticker: N/A
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
JPMorgan Funds - America Equity Fund
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Amend Article 6 Re: Risks Associated with For For Non-Payment of Subscriptions
2 Amend Article 21 Re: Liquidation, For For Reorganization or Merger of Sub-funds or Share Classes
3 Amend Article 13 Re: Appointment of Board For For
4 Amend Article 4 Re: Change Location of For For Registered Office
5 Amend Article 6 Re: Global Share Certificates For For Issuance and Notices to Shareholders
6 Amend Article 10 Re: Annual General Meetings For For Abroad
7 Amend Article 11 Re: Right to Vote on For For Shareholders Meeting
8 Amend Article 12 Re: Shareholders Meeting For For Notifications
9 Amend Article 17 Re: Conflict of Interest For For
10 Amend Article 8 Re: Redemption or Conversion For For of Shares
11 Amend Article 22 Re: Board's Power over For For Determination of Net Asset Value of Shares, Issue, Conversion and Redemption Price
12 Amend Article 23 Re: Add Valuation Rules for For For Liquid Assets and Money Market Instruments
13 Amend Article 3 Re: Corporate Purpose For For
14 Approve Various Amendments to the Articles of For For Incorporation
JPMorgan Funds - America Equity Fund
Meeting Date: 11/15/2017 Country: Luxembourg Meeting Type: Annual Ticker: N/A
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Receive and Approve Board's and Auditor's For For Reports
2 Approve Audited Annual Report for the Fund For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
JPMorgan Funds - America Equity Fund
Proposal Vote Number Proposal Text Mgmt Rec Instruction
3 Approve Discharge of Directors For For
4 Approve Remuneration of Directors For For
5 Re-Elect Iain Saunders, John Li-How-Cheong, For For Jacques Elvinger, Daniel Watkins, Jean Frijns, Peter Schwicht and Massimo Greco as Directors
6 Renew Appointment of PricewaterhouseCoopers For For as Auditor
7 Approve Allocation of Income and Dividends For For
JPMorgan Funds - Income Opportunity Plus Fund
Meeting Date: 11/15/2017 Country: Luxembourg Meeting Type: Special Ticker: N/A
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Amend Article 6 Re: Risks Associated with For For Non-Payment of Subscriptions
2 Amend Article 21 Re: Liquidation, For For Reorganization or Merger of Sub-funds or Share Classes
3 Amend Article 13 Re: Appointment of Board For For
4 Amend Article 4 Re: Change Location of For For Registered Office
5 Amend Article 6 Re: Global Share Certificates For For Issuance and Notices to Shareholders
6 Amend Article 10 Re: Annual General Meetings For For Abroad
7 Amend Article 11 Re: Right to Vote on For For Shareholders Meeting
8 Amend Article 12 Re: Shareholders Meeting For For Notifications
9 Amend Article 17 Re: Conflict of Interest For For
10 Amend Article 8 Re: Redemption or Conversion For For of Shares
11 Amend Article 22 Re: Board's Power over For For Determination of Net Asset Value of Shares, Issue, Conversion and Redemption Price
12 Amend Article 23 Re: Add Valuation Rules for For For Liquid Assets and Money Market Instruments
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
JPMorgan Funds - Income Opportunity Plus Fund
Proposal Vote Number Proposal Text Mgmt Rec Instruction
13 Amend Article 3 Re: Corporate Purpose For For
14 Approve Various Amendments to the Articles of For For Incorporation
JPMorgan Funds - Income Opportunity Plus Fund
Meeting Date: 11/15/2017 Country: Luxembourg Meeting Type: Annual Ticker: N/A
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Receive and Approve Board's and Auditor's For For Reports
2 Approve Audited Annual Report for the Fund For For
3 Approve Discharge of Directors For For
4 Approve Remuneration of Directors For For
5 Re-Elect Iain Saunders, John Li-How-Cheong, For For Jacques Elvinger, Daniel Watkins, Jean Frijns, Peter Schwicht and Massimo Greco as Directors
6 Renew Appointment of PricewaterhouseCoopers For For as Auditor
7 Approve Allocation of Income and Dividends For For
Lancaster Colony Corporation
Meeting Date: 11/15/2017 Country: USA Meeting Type: Annual Ticker: LANC
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Robert L. Fox For For
1.2 Elect Director John B. Gerlach, Jr. For For
1.3 Elect Director Robert P. Ostryniec For For
2 Advisory Vote to Ratify Named Executive For Against Officers' Compensation Voter Rationale: The minimum vesting period is less than three years.
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Lancaster Colony Corporation
Proposal Vote Number Proposal Text Mgmt Rec Instruction
3 Advisory Vote on Say on Pay Frequency One Year One Year
4 Ratify Deloitte & Touche LLP as Auditors For For
Net 1 UEPS Technologies, Inc.
Meeting Date: 11/15/2017 Country: USA Meeting Type: Annual Ticker: UEPS
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Herman G. Kotze For For
1.2 Elect Director Christopher S. Seabrooke For Withhold
Voter Rationale: WITHHOLD votes are warranted for Christopher Seabrooke for serving on more than three public boards while serving as a CEO of an outside company.
1.3 Elect Director Alasdair J.K. Pein For For
1.4 Elect Director Paul Edwards For For
1.5 Elect Director Alfred T. Mockett For For
2 Ratify Deloitte & Touche (South Africa) as For For Auditors
3 Advisory Vote to Ratify Named Executive For For Officers' Compensation
4 Advisory Vote on Say on Pay Frequency One Year One Year
Oracle Corporation
Meeting Date: 11/15/2017 Country: USA Meeting Type: Annual Ticker: ORCL
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Jeffrey S. Berg For For
1.2 Elect Director Michael J. Boskin For Withhold
Voter Rationale: Length of tenure compromises role as Lead independent Director and chair of the audit committee
1.3 Elect Director Safra A. Catz For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Oracle Corporation
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.4 Elect Director Bruce R. Chizen For Withhold
Voter Rationale: Substantial pledging activity and significant concerns regarding risk oversight.
1.5 Elect Director George H. Conrades For For
1.6 Elect Director Lawrence J. Ellison For For
1.7 Elect Director Hector Garcia-Molina For For
1.8 Elect Director Jeffrey O. Henley For For
1.9 Elect Director Mark V. Hurd For For
1.10 Elect Director Renee J. James For For
1.11 Elect Director Leon E. Panetta For For
1.12 Elect Director Naomi O. Seligman For For
2 Advisory Vote to Ratify Named Executive For Against Officers' Compensation Voter Rationale: Excessive pay levels
3 Advisory Vote on Say on Pay Frequency One Year One Year
4 Amend Omnibus Stock Plan For For
5 Ratify Ernst & Young LLP as Auditors For For
6 Political Contributions Disclosure Against For
Voter Rationale: Additional information on the company's political expenditures from corporate funds and board oversight of those expenditures would give shareholders a fuller understanding of the company's management of its political spending and any related risks and benefits.
7 Gender Pay Gap Against For
Voter Rationale: The proposal requires the company to report pay gap disparity and plans to address and reduce it. The company lags peers in this area. A vote "for" is warranted.
8 Amend Proxy Access Right Against For
Voter Rationale: The proposed amendment would enhance the company's existing right for shareholders while maintaining safeguards on the nomination process.
Pact Group Holdings Ltd.
Meeting Date: 11/15/2017 Country: Australia Meeting Type: Annual Ticker: PGH
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Approve Remuneration Report For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Pact Group Holdings Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
3 Elect Jonathan Ling as Director For For
4 Approve Grant of Performance Rights to For For Malcolm Bundey
5 Approve the Provision of Financial Assistance in For For Relation to the Pascoe's Group Acquisition
Tata Motors Ltd.
Meeting Date: 11/15/2017 Country: India Meeting Type: Court Ticker: 500570
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Scheme of Merger and Arrangement For For
The Clorox Company
Meeting Date: 11/15/2017 Country: USA Meeting Type: Annual Ticker: CLX
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Amy Banse For For
1.2 Elect Director Richard H. Carmona For For
1.3 Elect Director Benno Dorer For For
1.4 Elect Director Spencer C. Fleischer For For
1.5 Elect Director Esther Lee For For
1.6 Elect Director A.D. David Mackay For For
1.7 Elect Director Robert W. Matschullat For For
1.8 Elect Director Jeffrey Noddle For For
1.9 Elect Director Pamela Thomas-Graham For For
1.10 Elect Director Carolyn M. Ticknor For For
1.11 Elect Director Russell Weiner For For
1.12 Elect Director Christopher J. Williams For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
The Clorox Company
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Advisory Vote to Ratify Named Executive For For Officers' Compensation
3 Advisory Vote on Say on Pay Frequency One Year One Year
4 Ratify Ernst & Young LLP as Auditors For For
5 Amend Omnibus Stock Plan For Against
Voter Rationale: Dilution is more than 10%
6 Approve Remuneration of Non-Employee For For Directors
7 Amend Proxy Access Right Against For
Voter Rationale: The proposed amendment would enhance the company's existing right for shareholders while maintaining safeguards on the nomination process
Twenty-First Century Fox, Inc.
Meeting Date: 11/15/2017 Country: USA Meeting Type: Annual Ticker: FOXA
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1a Elect Director K. Rupert Murdoch AC For For
1b Elect Director Lachlan K. Murdoch For For
1c Elect Director Delphine Arnault For Against
Voter Rationale: She is on 5 other boards and attended <75% meetings
1d Elect Director James W. Breyer For Against
Voter Rationale: Chairs the compensation committee which failed to adequately respond to last year's low say-on-pay vote result
1e Elect Director Chase Carey For For
1f Elect Director David F. DeVoe For For
1g Elect Director Viet Dinh For For
1h Elect Director Roderick I. Eddington For Against
Voter Rationale: Length of tenure compromises position as chair of board and audit committee
1i Elect Director James R. Murdoch For Against
Voter Rationale: Conflict of interest given role on Sky's board
1j Elect Director Jacques Nasser AC For For
1k Elect Director Robert S. Silberman For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Twenty-First Century Fox, Inc.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1l Elect Director Tidjane Thiam For For
1m Elect Director Jeffrey W. Ubben For For
2 Ratify Ernst & Young LLP as Auditors For For
3 Advisory Vote to Ratify Named Executive For Against Officers' Compensation Voter Rationale: Following the relatively low vote result on the 2016 say-on-pay proposal and subsequent engagement, no changes appear to have been made to the program. Quantum and perks excessive.
4 Advisory Vote on Say on Pay Frequency One Year One Year
5 Approve Recapitalization Plan for all Stock to Against For Have One-vote per Share Voter Rationale: We support a capital structure aligning economic ownership with voting power.
Vanguard Index Funds
Meeting Date: 11/15/2017 Country: USA Meeting Type: Special Ticker: VTV
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Mortimer J. Buckley For For
1.2 Elect Director Emerson U. Fullwood For For
1.3 Elect Director Amy Gutmann For For
1.4 Elect Director JoAnn Heffernan Heisen For For
1.5 Elect Director F. Joseph Loughrey For For
1.6 Elect Director Mark Loughridge For For
1.7 Elect Director Scott C. Malpass For For
1.8 Elect Director F. William McNabb, III For For
1.9 Elect Director Deanna Mulligan For For
1.10 Elect Director Andre F. Perold For For
1.11 Elect Director Sarah Bloom Raskin For For
1.12 Elect Director Peter F. Volanakis For For
2 Approve Manager of Managers Arrangement For For with Third-Party Investment Advisors
3 Approve Manager of Managers Arrangement For For with Wholly-owned Subsidiaries of Vanguard
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Vanguard Index Funds
Proposal Vote Number Proposal Text Mgmt Rec Instruction
7 Institute Procedures to Prevent Investments in Against Against Companies that Contribute to Genocide or Crimes Against Humanity Voter Rationale: Voted in line with ISS, according to Schroders' conflicts of interest policy
Vanguard International Equity Index Funds
Meeting Date: 11/15/2017 Country: USA Meeting Type: Special Ticker: VPL
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Mortimer J. Buckley For For
1.2 Elect Director Emerson U. Fullwood For For
1.3 Elect Director Amy Gutmann For For
1.4 Elect Director JoAnn Heffernan Heisen For For
1.5 Elect Director F. Joseph Loughrey For For
1.6 Elect Director Mark Loughridge For For
1.7 Elect Director Scott C. Malpass For For
1.8 Elect Director F. William McNabb, III For For
1.9 Elect Director Deanna Mulligan For For
1.10 Elect Director Andre F. Perold For For
1.11 Elect Director Sarah Bloom Raskin For For
1.12 Elect Director Peter F. Volanakis For For
2 Approve Manager of Managers Arrangement For For with Third-Party Investment Advisors
3 Approve Manager of Managers Arrangement For For with Wholly-owned Subsidiaries of Vanguard
7 Institute Procedures to Prevent Investments in Against Against Companies that Contribute to Genocide or Crimes Against Humanity Voter Rationale: Voted in line with ISS, according to Schroders' conflicts of interest policy
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Vanguard Specialized Funds
Meeting Date: 11/15/2017 Country: USA Meeting Type: Special Ticker: VNQ
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Mortimer J. Buckley For For
1.2 Elect Director Emerson U. Fullwood For For
1.3 Elect Director Amy Gutmann For For
1.4 Elect Director JoAnn Heffernan Heisen For For
1.5 Elect Director F. Joseph Loughrey For For
1.6 Elect Director Mark Loughridge For For
1.7 Elect Director Scott C. Malpass For For
1.8 Elect Director F. William McNabb, III For For
1.9 Elect Director Deanna Mulligan For For
1.10 Elect Director Andre F. Perold For For
1.11 Elect Director Sarah Bloom Raskin For For
1.12 Elect Director Peter F. Volanakis For For
2 Approve Manager of Managers Arrangement For For with Third-Party Investment Advisors
3 Approve Manager of Managers Arrangement For For with Wholly-owned Subsidiaries of Vanguard
4 Approve Change in Investment Objective For For
5 Approve a Change to the Classification of the For For Fund from a "Diversified" Fund to a "Non-Diversified" Fund
7 Institute Procedures to Prevent Investments in Against Against Companies that Contribute to Genocide or Crimes Against Humanity Voter Rationale: Voted in line with ISS, according to Schroders' conflicts of interest policy
Viavi Solutions Inc.
Meeting Date: 11/15/2017 Country: USA Meeting Type: Annual Ticker: VIAV
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Viavi Solutions Inc.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Richard E. Belluzzo For For
1.2 Elect Director Keith Barnes For For
1.3 Elect Director Tor Braham For For
1.4 Elect Director Timothy Campos For For
1.5 Elect Director Donald Colvin For For
1.6 Elect Director Masood A. Jabbar For For
1.7 Elect Director Oleg Khaykin For For
1.8 Elect Director Pamela Strayer For For
2 Ratify PricewaterhouseCoopers LLP as Auditors For For
3 Advisory Vote to Ratify Named Executive For For Officers' Compensation
4 Advisory Vote on Say on Pay Frequency One Year One Year
5 Adopt the Jurisdiction of Incorporation as the For Against Exclusive Forum for Certain Disputes Voter Rationale: The company has not made a compelling argument for restricting shareholders' rights.
6 Amend Omnibus Stock Plan For For
7 Amend Qualified Employee Stock Purchase Plan For For
Alamos Gold Inc.
Meeting Date: 11/16/2017 Country: Canada Meeting Type: Special Ticker: AGI
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Issuance of Shares in Connection with For For the Acquisition of Richmont Mines Inc.
Amanat Holdings PJSC
Meeting Date: 11/16/2017 Country: United Arab Emirates Meeting Type: Special Ticker: AMANAT
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Amanat Holdings PJSC
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Amend Article 19 of Bylaws Re: Increase Size of For For Board from 7 to 9 Members
2 Elect Directors (Cumulative Voting) For Against
Voter Rationale: We are not supportive of cumulative voting
BHP Billiton Limited
Meeting Date: 11/16/2017 Country: Australia Meeting Type: Annual Ticker: BHP
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Appoint KPMG LLP as Auditor of the Company For For
3 Authorize the Risk and Audit Committee to Fix For For Remuneration of the Auditors
4 Approve General Authority to Issue Shares in For For BHP Billiton Plc
5 Approve General Authority to Issue Shares in For For BHP Billiton Plc for Cash
6 Approve the Repurchase of Shares in BHP For For Billiton Plc
7 Approve the Directors' Remuneration Policy For For Report
8 Approve the Remuneration Report Other Than For For the Part Containing the Directors' Remuneration Policy
9 Approve the Remuneration Report For For
10 Approve Leaving Entitlements For For
11 Approve the Grant of Awards to Andrew For For Mackenzie, Executive Director of the Company
12 Elect Terry Bowen as Director For For
13 Elect John Mogford as Director For For
14 Elect Malcolm Broomhead as Director For For
15 Elect Anita Frew as Director For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
BHP Billiton Limited
Proposal Vote Number Proposal Text Mgmt Rec Instruction
16 Elect Carolyn Hewson as Director For For
17 Elect Andrew Mackenzie as Director For For
18 Elect Lindsay Maxsted as Director For For
19 Elect Wayne Murdy as Director For For
20 Elect Shriti Vadera as Director For For
21 Elect Ken MacKenzie as Director For For
22 Approve the Amendments to the Company's Against Against Constitution
23 Approve Contingent Resolution- Energy Policy Against For and Climate Risk Disclosure Voter Rationale: The company has not addressed disclosure of global lobbying and membership payments, which we believe is of material interest to shareholders.
BHP Billiton Limited
Meeting Date: 11/16/2017 Country: Australia Meeting Type: Annual Ticker: BHP
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Appoint KPMG LLP as Auditor of the Company For For
3 Authorize the Risk and Audit Committee to Fix For For Remuneration of the Auditors
4 Approve General Authority to Issue Shares in For For BHP Billiton Plc
5 Approve General Authority to Issue Shares in For For BHP Billiton Plc for Cash
6 Approve the Repurchase of Shares in BHP For For Billiton Plc
7 Approve the Directors' Remuneration Policy For For Report
8 Approve the Remuneration Report Other Than For For the Part Containing the Directors' Remuneration Policy
9 Approve the Remuneration Report For For
10 Approve Leaving Entitlements For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
BHP Billiton Limited
Proposal Vote Number Proposal Text Mgmt Rec Instruction
11 Approve the Grant of Awards to Andrew For For Mackenzie, Executive Director of the Company
12 Elect Terry Bowen as Director For For
13 Elect John Mogford as Director For For
14 Elect Malcolm Broomhead as Director For For
15 Elect Anita Frew as Director For For
16 Elect Carolyn Hewson as Director For For
17 Elect Andrew Mackenzie as Director For For
18 Elect Lindsay Maxsted as Director For For
19 Elect Wayne Murdy as Director For For
20 Elect Shriti Vadera as Director For For
21 Elect Ken MacKenzie as Director For For
22 Approve the Amendments to the Company's Against Against Constitution
23 Approve Contingent Resolution- Energy Policy Against For and Climate Risk Disclosure Voter Rationale: The company has not addressed disclosure of global lobbying and membership payments, which we believe is of material interest to shareholders.
Brinker International, Inc.
Meeting Date: 11/16/2017 Country: USA Meeting Type: Annual Ticker: EAT
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Elaine L. Boltz For For
1.2 Elect Director Joseph M. DePinto For For
1.3 Elect Director Harriet Edelman For For
1.4 Elect Director Michael A. George For For
1.5 Elect Director William T. Giles For For
1.6 Elect Director Gerardo I. Lopez For For
1.7 Elect Director George R. Mrkonic For For
1.8 Elect Director Jose Luis Prado For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Brinker International, Inc.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.9 Elect Director Wyman T. Roberts For For
2 Ratify KPMG LLP as Auditors For For
3 Advisory Vote to Ratify Named Executive For For Officers' Compensation
4 Advisory Vote on Say on Pay Frequency One Year One Year
Broadridge Financial Solutions, Inc.
Meeting Date: 11/16/2017 Country: USA Meeting Type: Annual Ticker: BR
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1a Elect Director Leslie A. Brun For For
1b Elect Director Pamela L. Carter For For
1c Elect Director Richard J. Daly For For
1d Elect Director Robert N. Duelks For For
1e Elect Director Richard J. Haviland For For
1f Elect Director Brett A. Keller For For
1g Elect Director Stuart R. Levine For For
1h Elect Director Maura A. Markus For For
1i Elect Director Thomas J. Perna For For
1j Elect Director Alan J. Weber For For
2 Advisory Vote to Ratify Named Executive For Against Officers' Compensation Voter Rationale: The minimum vesting period is less than three years.
3 Advisory Vote on Say on Pay Frequency One Year One Year
4 Ratify Deloitte & Touche LLP as Auditors For For
Close Brothers Group plc
Meeting Date: 11/16/2017 Country: United Kingdom Meeting Type: Annual Ticker: CBG
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Close Brothers Group plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Report For For
3 Approve Remuneration Policy For For
4 Approve Final Dividend For For
5 Elect Mike Biggs as Director For For
6 Re-elect Preben Prebensen as Director For For
7 Re-elect Jonathan Howell as Director For For
8 Re-elect Elizabeth Lee as Director For For
9 Re-elect Oliver Corbett as Director For For
10 Re-elect Geoffrey Howe as Director For For
11 Re-elect Lesley Jones as Director For For
12 Re-elect Bridget Macaskill as Director For For
13 Appoint PricewaterhouseCoopers LLP as For For Auditors
14 Authorise Board to Fix Remuneration of Auditors For For
15 Approve Omnibus Share Incentive Plan For For
16 Authorise Issue of Equity with Pre-emptive For For Rights
17 Authorise Issue of Equity without Pre-emptive For For Rights
18 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment
19 Authorise Market Purchase of Ordinary Shares For For
20 Authorise the Company to Call General Meeting For For with Two Weeks' Notice
21 Approve Cancellation of Share Premium Account For For
Commonwealth Bank of Australia
Meeting Date: 11/16/2017 Country: Australia Meeting Type: Annual Ticker: CBA
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Commonwealth Bank of Australia
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2a Elect David Higgins as Director For For
2b Elect Andrew Mohl as Director For For
2c Elect Wendy Stops as Director For For
2d Elect Robert Whitfield as Director For For
3 Approve Remuneration Report For For
4 Approve the Spill Resolution Against Against
5 Approve Requisitioned Resolution - Powers of Against Against the Board Voter Rationale: The proposal asks to amend the company constitution to require directors to "embed the effective management of climate change risk into the constitution of [the] company". We strongly support the idea that financial institutions should be integrating ESG risks and opportunities into their investment decisions and we accept that the company is exposed some environmental risk through its financing of coal projects. However, we ultimately feel this proposal is too prescriptive in that it is asking the company to change its constitution. The fact that the company does already have written commiments to to ensure that ESG assessment procedures are integration into its investment decisions adds to this decision.
Cracker Barrel Old Country Store, Inc.
Meeting Date: 11/16/2017 Country: USA Meeting Type: Annual Ticker: CBRL
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director James W. Bradford For For
1.2 Elect Director Thomas H. Barr For For
1.3 Elect Director Sandra B. Cochran For For
1.4 Elect Director Meg G. Crofton For For
1.5 Elect Director Richard J. Dobkin For For
1.6 Elect Director Norman E. Johnson For For
1.7 Elect Director William W. McCarten For For
1.8 Elect Director Coleman H. Peterson For For
1.9 Elect Director Andrea M. Weiss For For
2 Advisory Vote to Ratify Named Executive For For Officers' Compensation
3 Advisory Vote on Say on Pay Frequency One Year One Year
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Cracker Barrel Old Country Store, Inc.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
4 Ratify Deloitte & Touche LLP as Auditors For For
DWS Ltd.
Meeting Date: 11/16/2017 Country: Australia Meeting Type: Annual Ticker: DWS
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Remuneration Report For Against
Voter Rationale: The minimum vesting period is less than three years.
2 Elect Martin Ralston as Director For For
3 Elect Ken Barry as Director For For
4 Elect Selina Lightfoot as Director For For
Genus plc
Meeting Date: 11/16/2017 Country: United Kingdom Meeting Type: Annual Ticker: GNS
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Report For For
3 Approve Final Dividend For For
4 Re-elect Bob Lawson as Director For For
5 Re-elect Karim Bitar as Director For For
6 Re-elect Stephen Wilson as Director For For
7 Re-elect Nigel Turner as Director For For
8 Re-elect Lysanne Gray as Director For For
9 Re-elect Duncan Maskell as Director For For
10 Re-elect Lykele van der Broek as Director For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Genus plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
11 Reappoint Deloitte LLP as Auditors and For For Authorise Their Remuneration
12 Authorise Issue of Equity with Pre-emptive For For Rights
13 Authorise Issue of Equity without Pre-emptive For For Rights
14 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment
15 Authorise Market Purchase of Ordinary Shares For For
16 Authorise the Company to Call General Meeting For For with Two Weeks' Notice
Gluskin Sheff + Associates Inc.
Meeting Date: 11/16/2017 Country: Canada Meeting Type: Annual Ticker: GS
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Paul M. Beeston For For
1.2 Elect Director V. Ann Davis For For
1.3 Elect Director Wilfred A. Gobert For For
1.4 Elect Director Stephen H. Halperin For For
1.5 Elect Director Nancy H.O. Lockhart For For
1.6 Elect Director Jeffrey W. Moody For For
1.7 Elect Director Pierre-Andre Themens For For
2 Ratify PricewaterhouseCoopers LLP as Auditors For For
Goodman Group
Meeting Date: 11/16/2017 Country: Australia Meeting Type: Annual Ticker: GMG
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Goodman Group
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Appoint KPMG as Auditors of Goodman Logistics For For (HK) Limited and Authorize the Board to Fix Their Remuneration
2a Elect Ian Ferrier as Director of Goodman Limited For For
2b Elect Ian Ferrier as Director of Goodman For For Logistics (HK) Limited
3 Elect Stephen Johns as Director of Goodman For For Limited
4 Approve Remuneration Report For For
5 Approve Issuance of Performance Rights to For For Gregory Goodman
6 Approve Issuance of Performance Rights to For For Danny Peeters
7 Approve Issuance of Performance Rights to For For Anthony Rozic
8 Adopt New Articles of Association For For
9 Approve the Conditional Spill Resolution Against Against
Harvey Norman Holdings Ltd.
Meeting Date: 11/16/2017 Country: Australia Meeting Type: Annual Ticker: HVN
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Approve the Remuneration Report For Against
Voter Rationale: Reassessing performance to achieve higher payouts is against best practice.
3 Elect Gerald Harvey as Director For For
4 Elect Chris Mentis as Director For Against
Voter Rationale: 0% independence on the board.
5 Elect Graham Charles Paton as Director For Against
Voter Rationale: 0% independence on the board.
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Mexichem S.A.B. de C.V.
Meeting Date: 11/16/2017 Country: Mexico Meeting Type: Special Ticker: MEXCHEM *
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Cash Dividends of USD 147 Million For For
2 Authorize Board to Ratify and Execute Approved For For Resolutions
Mirvac Group
Meeting Date: 11/16/2017 Country: Australia Meeting Type: Annual/Special Ticker: MGR
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2.1 Elect Christine Bartlett as Director For For
2.2 Elect Peter Hawkins as Director For For
3 Approve the Remuneration Report For For
4 Approve Grant of Performance Rights to Susan For For Lloyd-Hurwitz
Northern Star Resources Ltd
Meeting Date: 11/16/2017 Country: Australia Meeting Type: Annual Ticker: NST
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Remuneration Report For For
2 Elect Peter O'Connor as Director For For
3 Elect Christopher Rowe as Director For For
4 Ratify Past Issuance of Shares to Employees For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Padini Holdings Berhad
Meeting Date: 11/16/2017 Country: Malaysia Meeting Type: Annual Ticker: PADINI
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Directors' Fees For For
2 Approve Directors' Benefits (Excluding Directors' For For Fees)
3 Elect Yong Pang Chaun as Director For For
4 Elect Chia Swee Yuen as Director For For
5 Elect Yong Lai Wah as Director For For
6 Elect Chew Voon Chyn as Director For For
7 Approve BDO as Auditors and Authorize Board For For to Fix Their Remuneration
8 Authorize Share Repurchase Program For For
Platinum Asset Management Ltd
Meeting Date: 11/16/2017 Country: Australia Meeting Type: Annual Ticker: PTM
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Michael Cole as Director For Against
Voter Rationale: Lack of independence.
2 Approve the Remuneration Report For For
ResMed Inc.
Meeting Date: 11/16/2017 Country: USA Meeting Type: Annual Ticker: RMD
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1a Elect Director Michael Farrell For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
ResMed Inc.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1b Elect Director Karen Drexler For For
1c Elect Director Jack Wareham For For
2 Ratify KPMG LLP as Auditors For For
3 Amend Omnibus Stock Plan For Against
Voter Rationale: Dilution exceeds 10%
4 Advisory Vote to Ratify Named Executive For For Officers' Compensation
5 Advisory Vote on Say on Pay Frequency One Year One Year
Romgaz SA
Meeting Date: 11/16/2017 Country: Romania Meeting Type: Special Ticker: SNG
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Capital Increase of SC AGRI LNG For For Project Company
2 Amend Bylaws of SC AGRI LNG Project For For Company
3 Approved Updated Consolidated Set of Bylaws For For of SC AGRI LNG Project Company
4 Empower Executives to Complete Formalities For For Pursuant to Items Above
5 Approve Meeting's Record Date For For
6 Authorize Filing of Required Documents/Other For For Formalities
Shinwa Co. Ltd.
Meeting Date: 11/16/2017 Country: Japan Meeting Type: Annual Ticker: 7607
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Allocation of Income, with a Final For For Dividend of JPY 31
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Shinwa Co. Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2.1 Elect Director Nemoto, Tetsuo For For
2.2 Elect Director Marumoto, Yoshinao For For
2.3 Elect Director Takitani, Yoshiro For For
2.4 Elect Director Yoshida, Motohisa For For
2.5 Elect Director Iriyama, Toshihisa For For
2.6 Elect Director Ishikawa, Shuji For For
3 Approve Director Retirement Bonus For Against
Voter Rationale: The bonus amount is not disclosed
4 Approve Bonus Related to Retirement Bonus For Against System Abolition Voter Rationale: The bonus amount is not disclosed
5 Approve Equity Compensation Plan For For
6 Approve Annual Bonus For For
The Hain Celestial Group, Inc.
Meeting Date: 11/16/2017 Country: USA Meeting Type: Annual Ticker: HAIN
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Irwin D. Simon For For
1.2 Elect Director Celeste A. Clark For For
1.3 Elect Director Andrew R. Heyer For For
1.4 Elect Director R. Dean Hollis For For
1.5 Elect Director Shervin J. Korangy For For
1.6 Elect Director Roger Meltzer For For
1.7 Elect Director Adrianne Shapira For For
1.8 Elect Director Jack L. Sinclair For For
1.9 Elect Director Glenn W. Welling For For
1.10 Elect Director Dawn M. Zier For For
1.11 Elect Director Lawrence S. Zilavy For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
The Hain Celestial Group, Inc.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Require Advance Notice for Shareholder For Against Proposals Voter Rationale: The proposed deadline of 90 days prior to the anniversary of the prior year's annual meeting (with a 30-day window prior to the deadline) would be excessively far in advance of future shareholder meetings
3 Provide Proxy Access Right For For
4 Advisory Vote to Ratify Named Executive For For Officers' Compensation
5 Advisory Vote on Say on Pay Frequency One Year One Year
6 Ratify Ernst & Young LLP as Auditors For For
Vicinity Centres
Meeting Date: 11/16/2017 Country: Australia Meeting Type: Annual/Special Ticker: VCX
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Approve Remuneration Report For For
3a Elect Peter Kahan as Director For For
3b Elect Karen Penrose as Director For For
4 Approve the Grant of Performance Rights to For For Grant Kelley
Wesfarmers Ltd.
Meeting Date: 11/16/2017 Country: Australia Meeting Type: Annual Ticker: WES
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2a Elect Michael Alfred Chaney as Director For For
2b Elect Diane Lee Smith-Gander as Director For For
3 Approve the Remuneration Report For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Companhia de Saneamento de Minas Gerais (COPASA)
Meeting Date: 11/17/2017 Country: Brazil Meeting Type: Special Ticker: CSMG3
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Interim Dividends For For
Discovery Communications, Inc.
Meeting Date: 11/17/2017 Country: USA Meeting Type: Special Ticker: DISCA
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Issue Shares in Connection with Merger For For
Donaldson Company, Inc.
Meeting Date: 11/17/2017 Country: USA Meeting Type: Annual Ticker: DCI
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Tod E. Carpenter For For
1.2 Elect Director Pilar Cruz For For
1.3 Elect Director Ajita G. Rajendra For For
2 Advisory Vote to Ratify Named Executive For Against Officers' Compensation Voter Rationale: The minimum vesting period is less than three years.
3 Advisory Vote on Say on Pay Frequency One Year One Year
4 Ratify PricewaterhouseCoopers LLP as Auditors For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Kier Group plc
Meeting Date: 11/17/2017 Country: United Kingdom Meeting Type: Annual Ticker: KIE
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Policy For For
3 Approve Remuneration Report For For
4 Approve Final Dividend For For
5 Elect Philip Cox as Director For For
6 Re-elect Justin Atkinson as Director For For
7 Re-elect Constance Baroudel as Director For For
8 Re-elect Kirsty Bashforth as Director For For
9 Re-elect Nigel Brook as Director For For
10 Re-elect Bev Dew as Director For For
11 Re-elect Haydn Mursell as Director For For
12 Re-elect Nigel Turner as Director For For
13 Re-elect Claudio Veritiero as Director For For
14 Re-elect Adam Walker as Director For For
15 Re-elect Nick Winser as Director For For
16 Reappoint PricewaterhouseCoopers LLP as For For Auditors
17 Authorise Board to Fix Remuneration of Auditors For For
18 Authorise Issue of Equity with Pre-emptive For For Rights
19 Authorise Issue of Equity without Pre-emptive For For Rights
20 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment
21 Amend Long Term Incentive Plan For For
22 Authorise the Company to Call General Meeting For For with Two Weeks' Notice
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
MEIKO NETWORK JAPAN CO. LTD.
Meeting Date: 11/17/2017 Country: Japan Meeting Type: Annual Ticker: 4668
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Amend Articles to Amend Business Lines For For
2.1 Elect Director Watanabe, Hirotake For For
2.2 Elect Director Okui, Yoshiko For For
2.3 Elect Director Tagami, Setsuro For For
2.4 Elect Director Yamashita, Kazuhito For For
2.5 Elect Director Sato, Hiroaki For For
2.6 Elect Director Horiuchi, Koshi For For
2.7 Elect Director Harada, Masahiro For For
2.8 Elect Director Yao, Noriko For For
NWS Holdings Limited
Meeting Date: 11/17/2017 Country: Bermuda Meeting Type: Annual Ticker: 659
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2a Approve Final Dividend For For
2b Approve Special Final Dividend For For
3a Elect Cheng Kar Shun, Henry as Director For Against
Voter Rationale: Serves on 9 outside boards and failed to attend >75% meetings during the year
3b Elect Cheng Chi Ming, Brian as Director For For
3c Elect Lam Wai Hon, Patrick as Director For For
3d Elect Cheng Wai Chee, Christopher as Director For For
3e Authorize Board to Fix Remuneration of For For Directors
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
NWS Holdings Limited
Proposal Vote Number Proposal Text Mgmt Rec Instruction
4 Approve PricewaterhouseCoopers as Auditor For For and Authorize Board to Fix Their Remuneration
5.1 Approve Issuance of Equity or Equity-Linked For Against Securities without Preemptive Rights Voter Rationale: The aggregate share issuance limit is greater than 10 percent
5.2 Authorize Repurchase of Issued Share Capital For For
5.3 Authorize Reissuance of Repurchased Shares For Against
Voter Rationale: The aggregate share issuance limit is greater than 10 percent
Scripps Networks Interactive, Inc.
Meeting Date: 11/17/2017 Country: USA Meeting Type: Special Ticker: SNI
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Merger Agreement For For
2 Advisory Vote on Golden Parachutes For Against
Voter Rationale: We are not supportive of Golden Parachutes
3 Adjourn Meeting For For
TEEKAY TANKERS LTD.
Meeting Date: 11/17/2017 Country: Marshall Isl Meeting Type: Special Ticker: TNK
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Increase Authorized Common Stock For For
2 Adjourn Meeting For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Exxaro Resources Ltd
Meeting Date: 11/20/2017 Country: South Africa Meeting Type: Special Ticker: EXX
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Authorise Specific Repurchase of Exxaro Shares For For
2 Approve Revocation of Special Resolution 1 if For For the Second Repurchase Scheme is Not Approved or is Treated as a Nullity
3 Authorise Specific Issuance of Exxaro Shares to For For NewBEECo
4 Approve Financial Assistance to NewBEECo For For
1 Authorise Ratification of Approved Resolutions For For
IPH Ltd
Meeting Date: 11/20/2017 Country: Australia Meeting Type: Annual Ticker: IPH
Proposal Vote Number Proposal Text Mgmt Rec Instruction
3a Elect Richard Grellman as Director For For
3b Elect Andrew Blattman as Director For For
4 Approve the Grant of Performance Rights to For For Andrew Blattman
5 Approve the Remuneration Report For For
KB Financial Group Inc.
Meeting Date: 11/20/2017 Country: South Korea Meeting Type: Special Ticker: A105560
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Yoon Jong Kyoo as Inside Director For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
KB Financial Group Inc.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Elect Hur Yin as Non-independent For For Non-executive Director
3 Elect Ha Seung Soo as a Shareholder-Nominee None Against to the Board (Outside Director)
Voter Rationale: A vote AGAINST this resolution is warranted. Although Ha appears to be independent from the company, the labor union fails to provide a compelling case to support Ha's nomination, explaining both what change he seeks to effect once on the board, and why his election is the most appropriate means for other shareholders to address that need.
4 Amend Articles of Incorporation (Shareholder None Against Proposal) Voter Rationale: A vote AGAINST this proposal is warranted because the removal of the CEO from the corporate governance committee will limit the holding company CEO's ability to make an alignment of interests in the holding company structure, and will likely result in a power imbalance within the company.
KB Financial Group Inc.
Meeting Date: 11/20/2017 Country: South Korea Meeting Type: Special Ticker: A105560
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Yoon Jong Kyoo as Inside Director For For
2 Elect Hur Yin as Non-independent For For Non-executive Director
3 Elect Ha Seung Soo as a Shareholder-Nominee None Against to the Board (Outside Director)
Voter Rationale: Although Ha appears to be independent from the company, the labor union fails to provide a compelling case to support Ha's nomination, explaining both what change he seeks to effect once on the board, and why his election is the most appropriate means for other shareholders to address that need
4 Amend Articles of Incorporation (Shareholder None Against Proposal) Voter Rationale: A vote AGAINST this proposal is warranted because the removal of the CEO from the corporate governance committee will limit the holding company CEO's ability to make an alignment of interests in the holding company structure, and will likely result in a power imbalance within the company.
NRW Holdings Ltd.
Meeting Date: 11/20/2017 Country: Australia Meeting Type: Annual Ticker: NWH
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
NRW Holdings Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Michael Arnett as Director For For
2 Approve the Remuneration Report None Against
Voter Rationale: Retesting.
3 Approve Financial Assistance in Relation to the For For Acquisition of Golding Group Pty Ltd
4 Approve Issuance of 6.41 Million Performance For Against Rights to Julian Pemberton Voter Rationale: The minimum vesting period is less than three years.
5 Approve Issuance of 1.25 Million Performance For Against Rights to Julian Pemberton Voter Rationale: The minimum vesting period is less than three years.
6 Ratify the Past Issuance of Shares to For For Institutional and Sophisticated Investors
President Energy Plc
Meeting Date: 11/20/2017 Country: United Kingdom Meeting Type: Special Ticker: PPC
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Authorise Issue of Equity Pursuant to the Open For For Offer and Loan Conversion
2 Authorise Issue of Equity without Pre-emptive For For Rights Pursuant to the Open Offer and Loan Conversion
3 Authorise Issue of Equity with Pre-emptive For For Rights
4 Authorise Issue of Equity without Pre-emptive For For Rights
SQN Asset Finance Income Fund Ltd
Meeting Date: 11/20/2017 Country: Guernsey Meeting Type: Annual Ticker: SQN
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
SQN Asset Finance Income Fund Ltd
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Re-elect John Falla as Director For For
3 Re-elect Carol Goodwin as Director For For
4 Re-elect Peter Niven as Director For For
5 Re-elect Christopher Spencer as Director For For
6 Elect Paul Meader as Director For For
7 Approve Dividend Policy For For
8 Ratify Baker Tilly CI Audit Limited as Auditors For For and Authorise Their Remuneration
9 Approve Continuation of Company as a For For Closed-Ended Investment Company
10 Authorise Market Purchase of Ordinary Shares For For
11 Authorise Issue of Equity without Pre-emptive For For Rights
SQN Asset Finance Income Fund Ltd
Meeting Date: 11/20/2017 Country: Guernsey Meeting Type: Special Ticker: SQN
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Amend Articles of Incorporation For For
SQN Asset Finance Income Fund Ltd
Meeting Date: 11/20/2017 Country: Guernsey Meeting Type: Special Ticker: SQN
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Amend Articles of Association For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
SQN Asset Finance Income Fund Ltd
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Consent to Any and All Variations or For For Abrogations and Privileges Attached to the Ordinary Shares
SQN Asset Finance Income Fund Ltd
Meeting Date: 11/20/2017 Country: Guernsey Meeting Type: Special Ticker: SQN
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Amend Articles of Association For For
2 Consent to Any and All Variations or For For Abrogations and Privileges Attached to the C Shares
Dunelm Group plc
Meeting Date: 11/21/2017 Country: United Kingdom Meeting Type: Annual Ticker: DNLM
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Final Dividend For For
3 Re-elect Will Adderley as Director For For
4 Re-elect Keith Down as Director For For
5 Re-elect Andy Harrison as Director For For
6 Re-elect Andy Harrison as Director For For (Independent Shareholder Vote)
7 Re-elect Marion Sears as Director For For
8 Re-elect Marion Sears as Director (Independent For For Shareholder Vote)
9 Re-elect Liz Doherty as Director For For
10 Re-elect Liz Doherty as Director (Independent For For Shareholder Vote)
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Dunelm Group plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
11 Re-elect William Reeve as Director For For
12 Re-elect William Reeve as Director For For (Independent Shareholder Vote)
13 Re-elect Peter Ruis as Director For For
14 Re-elect Peter Ruis as Director (Independent For For Shareholder Vote)
15 Approve Remuneration Policy For For
16 Approve Remuneration Report For For
17 Reappoint PricewaterhouseCoopers LLP as For For Auditors
18 Authorise Board to Fix Remuneration of Auditors For For
19 Authorise Issue of Equity with Pre-emptive For For Rights
20 Authorise Issue of Equity without Pre-emptive For For Rights
21 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment
22 Authorise Market Purchase of Ordinary Shares For For
23 Amend Long Term Incentive Plan For For
24 Authorise the Company to Call General Meeting For For with Two Weeks' Notice
Dycom Industries, Inc.
Meeting Date: 11/21/2017 Country: USA Meeting Type: Annual Ticker: DY
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1a Elect Director Dwight B. Duke For For
1b Elect Director Laurie J. Thomsen For For
2 Ratify PricewaterhouseCoopers LLP as Auditors For For
3 Advisory Vote to Ratify Named Executive For For Officers' Compensation
4 Advisory Vote on Say on Pay Frequency One Year One Year
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Dycom Industries, Inc.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
5 Amend Omnibus Stock Plan For For
6 Approve Non-Employee Director Omnibus Stock For For Plan
Jupiter US Smaller Companies PLC
Meeting Date: 11/21/2017 Country: United Kingdom Meeting Type: Annual Ticker: JUS
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Report For For
3 Approve Remuneration Policy For For
4 Re-elect Gordon Grender as Director For For
5 Re-elect Norman Bachop as Director For For
6 Re-elect Peter Barton as Director For For
7 Re-elect Lisa Booth as Director For For
8 Re-elect Clive Parritt as Director For For
9 Reappoint PricewaterhouseCoopers LLP as For For Auditors
10 Authorise Board to Fix Remuneration of Auditors For For
11 Approve Continuation of Company as For For Investment Trust
12 Authorise Issue of Equity with Pre-emptive For For Rights
13 Authorise Issue of Equity without Pre-emptive For For Rights
14 Authorise Market Purchase of Ordinary Shares For For
15 Authorise the Company to Call General Meeting For For with Two Weeks' Notice
New World Development Co. Ltd.
Meeting Date: 11/21/2017 Country: Hong Kong Meeting Type: Annual Ticker: 17
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
New World Development Co. Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Final Dividend For For
3a Elect Yeung Ping-Leung, Howard as Director For For
3b Elect Ho Hau-Hay, Hamilton as Director For For
3c Elect Lee Luen-Wai, John as Director For For
3d Elect Ki Man-Fung, Leonie as Director For For
3e Elect Cheng Chi-Heng as Director For For
3f Authorize Board to Fix Remuneration of For For Directors
4 Approve PricewaterhouseCoopers as Auditor For For and Authorize Board to Fix Their Remuneration
5 Authorize Repurchase of Issued Share Capital For For
6 Approve Issuance of Equity or Equity-Linked For Against Securities without Preemptive Rights Voter Rationale: The share issuance limit is greater than 10 percent.
7 Approve Grant of Options Under the Share For Against Option Scheme Voter Rationale: A vote AGAINST this resolution is warranted given the following reasons:- an absence of challenging performance criteria and meaningful vesting periods; and- the directors eligible to receive options under the scheme are involved in the administration of the scheme.
Oritani Financial Corp.
Meeting Date: 11/21/2017 Country: USA Meeting Type: Annual Ticker: ORIT
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director James J. Doyle, Jr. For Withhold
Voter Rationale: WITHHOLD votes are warranted for compensation committee members James Doyle and John Skelly, in light of the committee's failure to respond to shareholders' concerns following last year's low say on pay vote.
1.2 Elect Director John J. Skelly, Jr. For Withhold
Voter Rationale: WITHHOLD votes are warranted for compensation committee members James Doyle and John Skelly, in light of the committee's failure to respond to shareholders' concerns following last year's low say on pay vote.
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Oritani Financial Corp.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Ratify Crowe Horwath LLP as Auditors For For
3 Advisory Vote to Ratify Named Executive For Against Officers' Compensation Voter Rationale: A vote AGAINST this proposal is warranted. The compensation committee did not make meaningful changes to the pay program to address shareholder concerns evidenced by last year's low say-on-pay support level. The short-term program continued for the fifth consecutive year to payout at maximum levels based on performance against non-rigorous goals. This has resulted in a marked pay-for-performance disconnect. Additionally, the executive pay program lacks long-term focus.
4 Advisory Vote on Say on Pay Frequency One Year One Year
Pan African Resources PLC
Meeting Date: 11/21/2017 Country: United Kingdom Meeting Type: Annual Ticker: PAF
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Final Dividend For For
3 Re-elect Rowan Smith as Director For For
4 Re-elect Keith Spencer as Director For For
5 Re-elect Hester Hickey as Member of the Audit For For Committee
6 Re-elect Keith Spencer as Member of the Audit For Against Committee Voter Rationale: Non-independent NED and is a member of the Audit Committee
7 Re-elect Thabo Mosololi as Member of the Audit For For Committee
8 Approve Remuneration Policy For Against
Voter Rationale: Executive Directors are eligible to receive discretionary bonuses
9 Approve Remuneration Implementation Report For Against
Voter Rationale: Executive Directors are eligible to receive discretionary bonuses
10 Reappoint Deloitte LLP as Auditors and For For Authorise Their Remuneration
11 Authorise Issue of Equity with Pre-emptive For For Rights
12 Authorise Issue of Equity without Pre-emptive For For Rights
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Pan African Resources PLC
Proposal Vote Number Proposal Text Mgmt Rec Instruction
13 Authorise Market Purchase of Ordinary Shares For For
Tiso Blackstar Group SE
Meeting Date: 11/21/2017 Country: United Kingdom Meeting Type: Annual Ticker: TBGR
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Report For For
3 Approve Final Dividend For For
4 Re-elect Nkululeko Sowazi as Director For Against
Voter Rationale: Lack of independence on the board.
5 Re-elect David Adomakoh as Director For For
6 Appoint Deloitte LLP and Deloitte & Touche (JSE For For Purpose Only) as Auditors
7 Authorise the Audit Committee to Fix For For Remuneration of Auditors
8 Authorise EU Political Donations and For For Expenditure
9 Approve Waiver on Tender-Bid Requirement For Against
Voter Rationale: Can give rise to creeping control which is not in shareholders interests.
10 Authorise Issue of Equity with Pre-emptive For For Rights
11 Approve Remuneration Policy For For
12 Approve Implementation Report For For
13 Authorise Issue of Equity without Pre-emptive For For Rights
14 Authorise Market Purchase of Ordinary Shares For For
Westar Energy, Inc.
Meeting Date: 11/21/2017 Country: USA Meeting Type: Special Ticker: WR
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Westar Energy, Inc.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Merger Agreement For Against
Voter Rationale: We are not supportive of this merger
2 Advisory Vote on Golden Parachutes For Against
Voter Rationale: We are not supportive of golden parachutes
3 Adjourn Meeting For Against
Voter Rationale: The proposal would allow the meeting to be adjourned for any reason
BanRegio Grupo Financiero S.A.B. de C.V.
Meeting Date: 11/22/2017 Country: Mexico Meeting Type: Special Ticker: GFREGIO O
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Ratify Resolutions Adopted by EGM on April 29, For For 2016
2 Approve Restructuring Plan For For
3 Approve Creation of New Subholding Company For For of Banregio Grupo Financiero SAB de CV in Accordance with Restructuring Plan
4 Approve Absorption of BanRegio Grupo For For Financiero SAB de CV by Corporacion Gfregio SA de CV
5 Approve Sole Responsibility Agreement of For For Banregio Grupo Financiero SAB de CV
6 Authorize Board to Ratify and Execute Approved For For Resolutions
China International Travel Service Corp. Ltd.
Meeting Date: 11/22/2017 Country: China Meeting Type: Special Ticker: 601888
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
China International Travel Service Corp. Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Amendments to Articles of Association For Abstain
Voter Rationale: The Party Committee would have legitimate authority to significantly influence, and even override the board's decisions, allowing it to assert disproportionate influence over the board and expose shareholders to governance risks.
2 Amend External Guarantee Management System For Against
Voter Rationale: Lack of disclosure
3 Approve Appointment of 2017 Auditor For For
4 Approve Appointment of 2017 Internal Control For For Auditor
Corporacion Moctezuma S.A.B de C.V.
Meeting Date: 11/22/2017 Country: Mexico Meeting Type: Special Ticker: CMOCTEZ *
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Cash Dividends of MXN 1 Per Share For For
2 Appoint Legal Representatives For For
F&C UK Real Estate Investments Limited
Meeting Date: 11/22/2017 Country: Guernsey Meeting Type: Annual Ticker: FCRE
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Consolidated Financial Statements and For For Statutory Reports
2 Approve Remuneration Policy For For
3 Approve Remuneration Report For For
4 Approve Dividend Policy For For
5 Re-elect Vikram Lall as Director For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
F&C UK Real Estate Investments Limited
Proposal Vote Number Proposal Text Mgmt Rec Instruction
6 Re-elect Andrew Gulliford as Director For For
7 Re-elect David Ross as Director For For
8 Re-elect Mark Carpenter as Director For For
9 Re-elect Alexa Henderson as Director For For
10 Ratify PricewaterhouseCoopers CI LLP as For For Auditors
11 Authorise Board to Fix Remuneration of Auditors For For
12 Authorise Issue of Equity without Pre-emptive For For Rights
13 Authorise Market Purchase of Ordinary Shares For For
Finsbury Food Group plc
Meeting Date: 11/22/2017 Country: United Kingdom Meeting Type: Annual Ticker: FIF
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Final Dividend For For
3 Elect Robert Beveridge as Director For For
4 Re-elect Stephen Boyd as Director For For
5 Re-elect Raymond Duignan as Director For For
6 Reappoint KPMG LLP as Auditors For For
7 Authorise Board to Fix Remuneration of Auditors For For
8 Authorise Issue of Equity with Pre-emptive For For Rights
9 Authorise Issue of Equity without Pre-emptive For For Rights
10 Authorise Market Purchase of Ordinary Shares For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Inari Amertron Berhad
Meeting Date: 11/22/2017 Country: Malaysia Meeting Type: Annual Ticker: INARI
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Remuneration of Directors For For
2 Elect Foo Kok Siew as Director For For
3 Elect Oh Seong Lye as Director For For
4 Elect Lau Kean Cheong as Director For For
5 Approve SJ Grant Thornton as Auditors and For For Authorize Board to Fix Their Remuneration
6 Approve Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights
7 Approve Implementation of Shareholders' For For Mandate for Recurrent Related Party Transactions
8 Authorize Share Repurchase Program For For
Mani Inc.
Meeting Date: 11/22/2017 Country: Japan Meeting Type: Annual Ticker: 7730
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Matsutani, Kanji For For
1.2 Elect Director Matsutani, Masaaki For For
1.3 Elect Director Takai, Toshihide For For
1.4 Elect Director Sakai, Kiyoshi For For
1.5 Elect Director Masaki, Tomoko For For
1.6 Elect Director Morikawa, Michio For For
1.7 Elect Director Matsuda, Michiharu For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Mineral Resources Ltd.
Meeting Date: 11/22/2017 Country: Australia Meeting Type: Annual Ticker: MIN
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Remuneration Report For Against
Voter Rationale: Excessive quantum
2 Elect Kelvin Flynn as Director For For
3 Elect Tim Roberts as Director For For
4 Elect Xi Xi as Director For For
5 Approve the Spill Resolution Against Against
Pantheon International Plc
Meeting Date: 11/22/2017 Country: United Kingdom Meeting Type: Annual Ticker: PIN
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Report For For
3 Approve Remuneration Policy For For
4 Re-elect Sir Laurie Magnus as Director For For
5 Re-elect Ian Barby as Director For For
6 Elect John Burgess as Director For For
7 Elect John Singer as Director For For
8 Re-elect Rhoddy Swire as Director For For
9 Reappoint Grant Thornton UK LLP as Auditors For For
10 Authorise the Audit Committee to Fix For For Remuneration of Auditors
11 Authorise Issue of Equity with Pre-emptive For For Rights
12 Authorise Issue of Equity without Pre-emptive For For Rights
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Pantheon International Plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
13 Authorise Market Purchase of Ordinary Shares For For and Redeemable Shares
14 Authorise the Company to Call General Meeting For For with Two Weeks' Notice
15 Approve Increase in the Maximum Aggregate For For Annual Remuneration Payable to Directors
Rand Merchant Investment Holdings Limited
Meeting Date: 11/22/2017 Country: South Africa Meeting Type: Annual Ticker: RMI
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Re-elect Gerrit Ferreira as Director For For
1.2 Re-elect Sonja De Bruyn Sebotsa as Director For For
1.3 Re-elect Jan Durand as Director For Against
Voter Rationale: Overboarded
1.4 Re-elect Patrick Goss as Director For Against
Voter Rationale: Length of tenure compromises role as independent overseer of the board
1.5 Re-elect Obakeng Phetwe as Director For For
1 Approve Remuneration Policy For For
2 Approve Remuneration Implementation Report For For
2 Place Authorised but Unissued Shares under For For Control of Directors
3 Authorise Board to Issue Shares for Cash For For
4 Reappoint PricewaterhouseCoopers Inc as For For Auditors of the Company and Authorise Their Remuneration
5.1 Re-elect Jan Dreyer as Member of the Audit and For Against Risk Committee Voter Rationale: Length of tenure compromises role on key committee
5.2 Re-elect Sonja De Bruyn Sebotsa as Member of For For the Audit and Risk Committee
5.3 Re-elect Per-Erik Lagerstrom as Member of the For For Audit and Risk Committee
1 Approve Non-executive Directors' Remuneration For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Rand Merchant Investment Holdings Limited
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Authorise Repurchase of Issued Share Capital For For
3 Authorise Issue of Shares or Options Pursuant For For to a Reinvestment Option
4 Approve Financial Assistance in Terms of For Against Sections 44 and 45 of the Companies Act Voter Rationale: Proposals should be considered by shareholders on case by case basis
5 Adopt New Memorandum of Incorporation For Against
Voter Rationale: Proposed amendments allow company to proceed with certain corporate actions without obtaining prior shareholder approval
RMB Holdings Ltd
Meeting Date: 11/22/2017 Country: South Africa Meeting Type: Annual Ticker: RMH
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Re-elect Jannie Durand as Director For Against
Voter Rationale: Length of tenure compromises independence on a majority non-independent board
1.2 Re-elect Peter Cooper as Director For Against
Voter Rationale: Length of tenure compromises independence on a majority non-independent board
1.3 Re-elect Laurie Dippenaar as Director For For
1.4 Re-elect Per-Erik Lagerstrom as Director For For
1.5 Re-elect Murphy Morobe as Director For For
2 Place Authorised but Unissued Shares under For For Control of Directors
3 Authorise Board to Issue Shares for Cash For For
4 Reappoint PricewaterhouseCoopers Inc as For For Auditors of the Company and Authorise Their Remuneration
5.1 Re-elect Jan Dreyer as Member of the Audit and For Against Risk Committee Voter Rationale: Length of tenure compromises independence
5.2 Re-elect Sonja De Bruyn Sebotsa as Member of For For the Audit and Risk Committee
5.3 Re-elect Per-Erik Lagerstrom as Member of the For For Audit and Risk Committee
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
RMB Holdings Ltd
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Non-executive Directors' Remuneration For For
2 Authorise Repurchase of Issued Share Capital For For
3 Authorise Issue of Shares or Options Pursuant For For to a Reinvestment Option
4 Approve Financial Assistance in Terms of For Against Sections 44 and 45 of the Companies Act Voter Rationale: This proposal includes a general authority relating to the provision of financial assistance to Directors. Such proposals should be considered by shareholders on a specific rather than a general basis
5 Adopt New Memorandum of Incorporation For Against
Voter Rationale: The current provision which excludes Executive Directors from retiring by rotation is being maintained in the new MOI. The ability for shareholders to re-elect all directors on a regular basis is an important shareholder right.
Shopping Centres Australasia Property Group
Meeting Date: 11/22/2017 Country: Australia Meeting Type: Annual Ticker: SCP
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve the Remuneration Report For For
2 Elect Philip Marcus Clark AM as Director For For
3 Elect Philip Redmond as Director For For
4 Approve Issuance of Short Term Incentive For For Rights to Anthony Mellowes
5 Approve Issuance of Long Term Incentive Rights For For to Anthony Mellowes
6 Approve Issuance of Short Term Incentive For For Rights to Mark Fleming
7 Approve Issuance of Long Term Incentive Rights For For to Mark Fleming
Westgold Resources Ltd
Meeting Date: 11/22/2017 Country: Australia Meeting Type: Annual Ticker: WGX
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Westgold Resources Ltd
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve the Adoption of the Remuneration For For Report
2 Elect Fiona Van Maanen as a Director For For
3 Elect Johannes Norregaard as a Director For For
4 Elect Peter Schwann as Director For For
5 Approve Employee Share Option Plan For Against
Voter Rationale: Non-executives are eligible to participate in the plan.
6 Approve Grant of Options to Peter Cook For Against
Voter Rationale: Vesting period is less than three years.
7 Approve Grant of Options to Johannes For Against Norregaard Voter Rationale: Vesting period is less than three years.
8 Ratify the Past Issuance of Shares to Silver Lake For For Resources Limited
9 Ratify the Past Issuance of Shares to Redland For For Plains Pty Ltd.
10 Ratify the Past Issuance of Shares to Mining and For For Civil Management Services Pty Ltd.
Wilson Bayly Holmes-Ovcon Ltd
Meeting Date: 11/22/2017 Country: South Africa Meeting Type: Annual Ticker: WBO
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Reappoint BDO South Africa Inc as Auditors of For Against the Company with Jeanie Roberts as the Designated Auditor Voter Rationale: Unable to make an informed decision due to a lack of disclosure re non-audit fees paid.
2 Re-elect Ross Gardiner as Director For For
3.1 Re-elect Nomgando Matyumza as Chairperson For Abstain of the Audit Committee Voter Rationale: Has since announced resignation from the board
3.2 Re-elect Ross Gardiner as Member of the Audit For For Committee
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Wilson Bayly Holmes-Ovcon Ltd
Proposal Vote Number Proposal Text Mgmt Rec Instruction
3.3 Elect Savannah Maziya as Member of the Audit For For Committee
4 Approve Remuneration Policy For For
5 Approve Remuneration Policy and For For Implementation Report
6 Place Authorised But Unissued Shares under For For Control of Directors
7 Authorise Ratification of Approved Resolutions For For
1 Approve Remuneration of Non-executive For For Directors
2 Approve Financial Assistance in Terms of For For Sections 44 and 45 of the Companies Act
3 Authorise Repurchase of Issued Share Capital For For
Alviva Holdings Limited
Meeting Date: 11/23/2017 Country: South Africa Meeting Type: Annual Ticker: AVV
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Authorise Repurchase of Issued Share Capital For For
2 Approve Financial Assistance in Terms of For For Section 44 of the Companies Act
3 Approve Financial Assistance in the Form of For For Guarantees to Absa Bank Limited
4 Approve Non-executive Director's Fees For For
1.1 Re-elect Seadimo Chaba as Director For For
2.1 Re-elect Ndumi Medupe as Chairperson of the For For Audit and Risk Committee
2.2 Re-elect Seadimo Chaba as Member of the Audit For For and Risk Committee
3 Reappoint SizweNtsalubaGobodo Incorporated For For as Auditors of the Company with Alex Philippou as the Designated Partner
4 Approve Remuneration Policy For For
5 Place Authorised but Unissued Shares under For For Control of Directors
6 Authorise Board to Issue Shares for Cash For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Alviva Holdings Limited
Proposal Vote Number Proposal Text Mgmt Rec Instruction
7 Authorise Ratification of Approved Resolutions For For
Emirates REIT (CEIC) Limited
Meeting Date: 11/23/2017 Country: United Arab Emirates Meeting Type: Special Ticker: REIT
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Authorize Issuance of Sukuk Trust Certificates For For
2 Approve Related Party Transactions in Respect For For to Issuance of Certificates
3 Authorize Purchase of Commodities In Line with For For Sharia Compliant Financing
Evolution Mining Ltd.
Meeting Date: 11/23/2017 Country: Australia Meeting Type: Annual Ticker: EVN
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve the Remuneration Report None For
2 Elect Andrea Hall as Director For For
3 Elect James (Jim) Askew as Director For Against
Voter Rationale: Overboarded.
4 Elect Thomas McKeith as Director For For
5 Approve the Issuance of Performance Rights to For For Jacob (Jake) Klein
6 Approve the Issuance of Performance Rights to For For Lawrence (Lawrie) Conway
7 Approve the Employee Share Option and For For Performance Rights Plan
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Harmony Gold Mining Company Ltd
Meeting Date: 11/23/2017 Country: South Africa Meeting Type: Annual Ticker: HAR
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Peter Steenkamp as Director For For
2 Re-elect Mavuso Msimang as Director For For
3 Re-elect John Wetton as Director For For
4 Re-elect Ken Dicks as Director For For
5 Re-elect Simo Lushaba as Director For For
6 Re-elect John Wetton as Member of the Audit For For and Risk Committee
7 Re-elect Fikile De Buck as Member of the Audit For For and Risk Committee
8 Re-elect Simo Lushaba as Member of the Audit For For and Risk Committee
9 Re-elect Modise Motloba as Member of the For For Audit and Risk Committee
10 Re-elect Karabo Nondumo as Member of the For For Audit and Risk Committee
11 Reappoint PricewaterhouseCoopers For For Incorporated as Auditors of the Company
12 Approve Remuneration Policy For For
13 Approve Implementation Report For For
14 Place Authorised but Unissued Shares under For Against Control of Directors Voter Rationale: The proposed authority could result in significant levels of dilution and would give the Board the ability to make significant decisions that ought to be presented for specific shareholder approval.
15 Authorise Board to Issue Shares for Cash For For
16 Approve Financial Assistance in Terms of For For Section 45 of the Companies Act
17 Approve Non-Executive Directors' Remuneration For For
18 Approve Once-Off Remuneration to For For Non-Executive Directors
Harmony Gold Mining Company Ltd
Meeting Date: 11/23/2017 Country: South Africa Meeting Type: Annual Ticker: HAR
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Harmony Gold Mining Company Ltd
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Peter Steenkamp as Director For For
2 Re-elect Mavuso Msimang as Director For For
3 Re-elect John Wetton as Director For For
4 Re-elect Ken Dicks as Director For For
5 Re-elect Simo Lushaba as Director For For
6 Re-elect John Wetton as Member of the Audit For For and Risk Committee
7 Re-elect Fikile De Buck as Member of the Audit For For and Risk Committee
8 Re-elect Simo Lushaba as Member of the Audit For For and Risk Committee
9 Re-elect Modise Motloba as Member of the For For Audit and Risk Committee
10 Re-elect Karabo Nondumo as Member of the For For Audit and Risk Committee
11 Reappoint PricewaterhouseCoopers For For Incorporated as Auditors of the Company
12 Approve Remuneration Policy For For
13 Approve Implementation Report For For
14 Place Authorised but Unissued Shares under For Against Control of Directors Voter Rationale: The proposed authority could result in significant levels of dilution and would give the Board the ability to make significant decisions that ought to be presented for specific shareholder approval.
15 Authorise Board to Issue Shares for Cash For For
1 Approve Financial Assistance in Terms of For For Section 45 of the Companies Act
2 Approve Non-Executive Directors' Remuneration For For
3 Approve Once-Off Remuneration to For For Non-Executive Directors
IOOF Holdings Ltd.
Meeting Date: 11/23/2017 Country: Australia Meeting Type: Annual Ticker: IFL
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
IOOF Holdings Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2a Elect George Venardos as Director For For
2b Elect Jane Harvey as Director For Against
Voter Rationale: Lack of independence on the nomination committee.
3 Approve Remuneration Report For For
4 Approve the Grant of Performance Rights to For For Christopher Kelaher
5 Ratify the Past Issuance of Shares to For For Professional and Sophisticated Investors
New Century Healthcare Holding Co. Limited
Meeting Date: 11/23/2017 Country: Cayman Islands Meeting Type: Special Ticker: 1518
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve VIE Acquisition Agreement, VIE For For Contracts, Annual Caps and Related Transactions
Qingdao Haier Co., Ltd.
Meeting Date: 11/23/2017 Country: China Meeting Type: Special Ticker: 600690
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Company's Eligibility for Issuance of For For Convertible Bonds
2 Approve Plan on Issuance of Convertible Bonds For For
2.1 Approve Issue Type For For
2.2 Approve Issue Scale For For
2.3 Approve Par Value and Issue Price For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Qingdao Haier Co., Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2.4 Approve Bond Maturity For For
2.5 Approve Interest Rate For For
2.6 Approve Debt Repayment Period and Manner For For
2.7 Approve Conversion Period For For
2.8 Approve Method of Determination and For For Adjustment of Conversion Price
2.9 Approve Terms for Downward Adjustment of For For Conversion Price
2.10 Approve Determination of Conversion of Shares For For
2.11 Approve Terms of Redemption For For
2.12 Approve Terms of Sell-Back For For
2.13 Approve Dividend Distribution Post Conversion For For
2.14 Approve Issue Manner and Target Subscriber For For
2.15 Approve Placing Arrangement for Shareholders For For
2.16 Approve Matters Relating to Meetings of Bond For For Holders
2.17 Approve Raised Funds Investment of CNY For For 2,101,500,000
2.18 Approve Raised Funds Investment of CNY For For 977,750,000
2.19 Approve Raised Funds Investment of CNY For For 468,090,000
2.20 Approve Raised Funds Investment of CNY For For 450,880,000
2.21 Approve Raised Funds Investment of CNY For For 1,641,760,000
2.22 Approve Guarantee Matters For For
2.23 Approve Deposit Management of Raised Funds For For
2.24 Approve Resolution Validity Period For For
3 Approve Plan for Convertible Bonds Issuance For For
4 Approve Feasibility Analysis Report on the Use For For of Proceeds
4.1 Approve Consumer Upgrades Ice and Other For For Production Line Intelligent Manufacturing Upgrade Expansion Project
4.2 Approve Kitchen Electric and Power Capacity For For Project
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Qingdao Haier Co., Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
4.3 Approve Overseas Emerging Market For For Manufacturing Base Construction Project
4.4 Approve COSMOPlat Industrial Interconnection For For Project
4.5 Approve Repayment of Debts For For
5 Approve Report on the Usage of Previously For For Raised Funds
6 Approve Impact of Dilution of Current Returns For For on Major Financial Indicators and the Relevant Measures to be Taken
7 Approve Authorization of Board to Handle All For For Related Matters
8 Approve Shareholder Returns for the Next Three For For Years
9 Approve Bond Holder Meeting Principles For For
10 Approve 2017 Related Party Transaction For For
Regis Resources Ltd.
Meeting Date: 11/23/2017 Country: Australia Meeting Type: Annual Ticker: RRL
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Remuneration Report For For
2 Elect Fiona Morgan as Director For For
3 Elect Ross Kestel as Director For For
4 Approve Share Option Plan For Against
Voter Rationale: Vesting period is less than three years as well as accelerated vesting on a change in control.
5 Approve the Grant of Performance Rights to For For Mark Clark
6 Approve the Grant of Performance Rights to For For Paul Thomas
7 Approve the Increase in Maximum Aggregate For For Remuneration of Non-Executive Directors
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Saracen Mineral Holdings Ltd.
Meeting Date: 11/23/2017 Country: Australia Meeting Type: Annual Ticker: SAR
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Roric Smith as Director For For
2 Elect Samantha Tough as Director For For
3 Approve Remuneration Report For Against
Voter Rationale: Board discretion accounts for 25% of the bonus as well as backwards disclosure on STI targets.
4 Approve Long Term Incentive Plan None Against
Voter Rationale: Lack of disclosure.
5 Approve Issuance of Performance Rights to For For Raleigh Finlayson
South32 Limited
Meeting Date: 11/23/2017 Country: Australia Meeting Type: Annual Ticker: S32
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2a Elect Frank Cooper as Director For For
2b Elect Ntombifuthi (Futhi) Mtoba as Director For For
3a Elect Xiaoling Liu as Director For For
3b Elect Karen Wood as Director For For
4 Approve Remuneration Report For For
5 Approve the Grant of Awards to Graham Kerr For For
6 Approve Renewal of Proportional Takeover For For Provisions
Woolworths Ltd.
Meeting Date: 11/23/2017 Country: Australia Meeting Type: Annual Ticker: WOW
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Woolworths Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2a Elect Jillian Broadbent as Director For For
2b Elect Susan Rennie as Director Against Against
Voter Rationale: The current Board has a good skills matrix.
2c Elect Scott Perkins as Director For For
3 Approve Remuneration Report For For
4 Approve FY18 LTI Grant to Bradford Banducci For For
5 Approve Approach to Termination of Benefits For For
6 Approve the Change of Company Name to For For Woolworths Group Limited
7a Amend Company's Constitution Against Against
Voter Rationale: The proposal asks to amend the company constitution to require directors to provide more disclosure around human rights. We support more transparency on human rights, especially in light of increasing regulation on this topic. However, changing a company's constitution to force the company to report on single issues undermines our approach to engagement.
7b Approve Human Rights Reporting Against Against
Voter Rationale: The resolution lists a number of reporting requirements concerning the company's human rights practices. Given that the retailer already discloses information about its practcies and is already participating in the governement's consultation on a potential modern slavery act, we do not support the prescriptive reporting format sought by the resolution's proponent.
AcadeMedia AB
Meeting Date: 11/24/2017 Country: Sweden Meeting Type: Annual Ticker: ACAD
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Elect Chairman of Meeting For For
3 Prepare and Approve List of Shareholders For For
4 Approve Agenda of Meeting For For
5 Designate Inspector(s) of Minutes of Meeting For For
6 Acknowledge Proper Convening of Meeting For For
9 Accept Financial Statements and Statutory For For Reports
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
AcadeMedia AB
Proposal Vote Number Proposal Text Mgmt Rec Instruction
10 Approve Allocation of Income and Omission of For For Dividends
11 Approve Discharge of Board and President For For
12 Determine Number of Members (7) and Deputy For For Members (0) of Board; Determine Number of Auditors (1) and Deputy Auditors (0)
13 Approve Remuneration of Directors in the For For Aggregate Amount of SEK 2.5 Million; Approve Remuneration of Auditors
14 Reelect Silvija Seres and Anders Bülow as For For Directors; Elect Anki Bystedt, Johan Andersson, Thomas Berglund, Pia Rudengren and Håkan Sörman as New Directors; Ratify PricewaterhouseCoopers as Auditors
15 Authorize Chairman of Board and For For Representatives of Three of Company's Largest Shareholders to Serve on Nominating Committee
16 Approve Remuneration Policy And Other Terms For For of Employment For Executive Management
17a Approve Share Matching Plan; Approve Issuance For For and Transfer of Shares to Participants
17b Approve Issuance, Acquisition and Transfer of For For Share to Participants under the Share Matching Plan
17c Approve Alternative Equity Swap Agreement for For Against Funding of the Share Matching Plan Voter Rationale: Would allow for an alternative funding of the plan if the first funding proposal failed to reach majority.
18 Approve Stock Option Plan for Key Employees For For
19 Approve Issuance of Shares of up to 5 Percent For For of Share Capital without Preemptive Rights
20 Approve Creation of Pool of Capital with For For Preemptive Rights
Assore Ltd
Meeting Date: 11/24/2017 Country: South Africa Meeting Type: Annual Ticker: ASR
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Assore Ltd
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Delight Aitken as Director For For
2 Re-elect Ed Southey as Director For For
3 Re-elect Bill Urmson as Director For For
4 Re-elect Ed Southey as Chairman of the Audit For For and Risk Committee
5 Re-elect Bill Urmson as Member of the Audit For For and Risk Committee
6 Re-elect Sydney Mhlarhi as Member of the Audit For For and Risk Committee
1 Approve Remuneration Policy For Against
Voter Rationale: Lack of disclosure
2 Approve Implementation Plan For Against
Voter Rationale: Lack of disclosure
1 Approve Financial Assistance in Terms of For For Section 45 of the Companies Act
Ferreycorp SAA
Meeting Date: 11/24/2017 Country: Peru Meeting Type: Special Ticker: FERREYC1
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Reduction in Share Capital via For For Amortization of Treasury Shares
2 Amend Article 5 and Appoint Legal For For Representative
JPMorgan Emerging Markets Investment Trust plc
Meeting Date: 11/24/2017 Country: United Kingdom Meeting Type: Annual Ticker: JMG
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
JPMorgan Emerging Markets Investment Trust plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Policy For For
3 Approve Remuneration Report For For
4 Approve Final Dividend For For
5 Re-elect Sarah Arkle as Director For For
6 Re-elect Anatole Kaletsky as Director For For
7 Re-elect Richard Laing as Director For For
8 Elect Ruary Neill as Director For For
9 Re-elect Andrew Page as Director For For
10 Reappoint PricewaterhouseCoopers LLP as For For Auditors and Authorise Their Remuneration
11 Approve Continuation of Company as For For Investment Trust
12 Authorise Issue of Equity with Pre-emptive For For Rights
13 Authorise Issue of Equity without Pre-emptive For For Rights
14 Authorise Market Purchase of Ordinary Shares For For
Kathmandu Holdings Ltd.
Meeting Date: 11/24/2017 Country: New Zealand Meeting Type: Annual Ticker: KMD
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2a Elect John Harvey as Director For For
2b Elect Philip Bowman as Director For For
2c Elect Brent Scrimshaw as Director For For
3 Authorize Board to Fix Remuneration of the For For Auditors
4 Approve the Grant of Performance Rights to For For Xavier Simonet
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
MMI Holdings Ltd
Meeting Date: 11/24/2017 Country: South Africa Meeting Type: Annual Ticker: MMI
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Stephen Jurisich as Director For For
2.1 Re-elect Fatima Jakoet as Director For For
2.2 Re-elect Johnson Njeke as Director For For
2.3 Re-elect Niel Krige as Director For For
2.4 Re-elect Vuyisa Nkonyeni as Director For For
3 Reappoint PricewaterhouseCoopers Inc as For For Auditors of the Company with Andrew Taylor as the Designated Audit Partner
4.1 Re-elect Frans Truter as Member of the Audit For For Committee
4.2 Re-elect Syd Muller as Member of the Audit For For Committee
4.3 Re-elect Fatima Jakoet as Member of the Audit For For Committee
4.4 Re-elect Louis von Zeuner as Member of the For For Audit Committee
5 Approve Remuneration Policy For Against
Voter Rationale: We are not supportive of retirement bonuses
6 Authorise Ratification of Approved Resolutions For For
1.1 Approve Non-Executive Directors' Fees For For
1.2 Approve Fees of Chairman and Deputy For For Chairman
2 Approve Financial Assistance in Terms of For Against Section 44 of the Companies Act Voter Rationale: The Company seeks an authority to provide financial assistance to any person in connection with the subscription of options or securities issued or to be issued by the Company, or in relation to the purchase of securities. This is a broader authority than what many shareholders may prefer to approve in advance.
3 Approve Financial Assistance in Terms of For For Section 45 of the Companies Act
4 Authorise Repurchase of Issued Share Capital For Against
Voter Rationale: Over 10%
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Myer Holdings Ltd.
Meeting Date: 11/24/2017 Country: Australia Meeting Type: Annual Ticker: MYR
Proposal Vote Number Proposal Text Mgmt Rec Instruction
3a Elect JoAnne Stephenson as Director For For
3b Elect Garry Hounsell as Director For For
3c Elect Julie Ann Morrison as Director For For
4 Approve the Remuneration Report For For
5 Approve the Grant of Performance Rights to For For Richard Umbers
6 Approve the Amendments to the Company's For For Constitution
7 Approve Renewal of Proportional Takeover For For Provisions in the Constitution
Origin Enterprises Plc
Meeting Date: 11/24/2017 Country: Ireland Meeting Type: Annual Ticker: OIZ
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Final Dividend For For
3a Re-elect Declan Giblin as Director For For
3b Re-elect Kate Allum as Director For For
3c Re-elect Gary Britton as Director For For
4 Authorise Board to Fix Remuneration of Auditors For For
5 Approve Remuneration Report For For
6 Authorise Issue of Equity with Pre-emptive For For Rights
7a Authorise Issue of Equity without Pre-emptive For For Rights
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Origin Enterprises Plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
7b Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment
8a Authorise Market Purchase and Overseas Market For For Purchase of Shares
8b Determine Price Range at which Treasury For For Shares May be Re-issued Off-Market
Perseus Mining Limited
Meeting Date: 11/24/2017 Country: Australia Meeting Type: Annual Ticker: PRU
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Remuneration Report For Against
Voter Rationale: Lack of disclosure on performance targets as well as accelerated vesting on a change in control.
2 Elect Sean Harvey as Director For For
3 Elect Michael Bohm as Director For Against
Voter Rationale: Voted against remuneration two years running.
4 Elect Sally-Anne Layman as Director For For
5 Approve Performance Rights Plan For For
6 Approve Issuance of Performance Rights to For For Jeffery Quartermaine
7 Approve Issuance of Performance Rights to For For Colin Carson
8 Appoint PricewaterhouseCoopers as Auditor of For For the Company
Be Heard Group plc
Meeting Date: 11/27/2017 Country: United Kingdom Meeting Type: Special Ticker: MITH
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Be Heard Group plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Authorise Issue of Equity in Connection to the For For Placing and Acquisition
2 Authorise Issue of Equity with Pre-emptive For For Rights
3 Authorise Issue of Equity without Pre-emptive For For Rights
Cashbuild Limited
Meeting Date: 11/27/2017 Country: South Africa Meeting Type: Annual Ticker: CSB
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Auditors' Report For For
2 Accept Financial Statements and Statutory For For Reports for the Year Ended 30 June 2017
3 Re-elect Stefan Fourie as Director For For
4 Re-elect Alistair Knock as Director For For
5 Reappoint PricewaterhouseCoopers Inc as For For Auditors of the Company with I Buys as the Audit Partner
6.1 Re-elect Nomahlubi Simamane as Member of For For the Audit and Risk Committee
6.2 Re-elect Dr Simo Lushaba as Member of the For For Audit and Risk Committee
6.3 Re-elect Hester Hickey as Member of the Audit For For and Risk Committee
7 Approve Remuneration Policy For For
8 Approve Implementation of the Remuneration For For Policy
9 Approve Remuneration of Non-Executive For For Directors
10 Approve Financial Assistance in Terms of For For Section 45 of the Companies Act
11 Amend Memorandum of Incorporation For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
JAPAN RETAIL FUND INVESTMENT CORP.
Meeting Date: 11/27/2017 Country: Japan Meeting Type: Special Ticker: 8953
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Amend Articles to Make Technical Changes For For
2 Elect Executive Director Namba, Shuichi For For
3.1 Elect Supervisory Director Nishida, Masahiko For For
3.2 Elect Supervisory Director Usuki, Masaharu For For
4.1 Elect Alternate Executive Director Araki, Keita For For
4.2 Elect Alternate Executive Director Kimoto, Seiji For For
5 Elect Alternate Supervisory Director Murayama, For For Shuhei
JPMorgan Global Emerging Markets Income Trust plc
Meeting Date: 11/27/2017 Country: United Kingdom Meeting Type: Annual Ticker: JEMI
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Policy For For
3 Approve Remuneration Report For For
4 Re-elect Andrew Hutton as Director For For
5 Re-elect Sarah Fromson as Director For For
6 Re-elect Richard Robinson as Director For For
7 Re-elect Caroline Gulliver as Director For For
8 Reappoint Ernst & Young LLP as Auditors and For For Authorise Their Remuneration
9 Authorise Issue of Equity with Pre-emptive For For Rights
10 Authorise Issue of Equity without Pre-emptive For For Rights
11 Authorise Market Purchase of Ordinary Shares For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
JPMorgan Global Emerging Markets Income Trust plc
Proposal Vote Number Proposal Text Mgmt Rec Instruction
12 Adopt New Articles of Association For For
Karex Berhad
Meeting Date: 11/27/2017 Country: Malaysia Meeting Type: Annual Ticker: KAREX
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Law Ngee Song as Director For For
2 Elect Arshad Bin Ayub as Director For For
3 Elect Ong Eng Long @ Ong Siew Chuan as For For Director
4 Elect Goh Yen Yen as Director For Against
Voter Rationale: Executive member of remuneration committee
5 Approve Directors' Fees For For
6 Approve Directors' Benefits (Excluding Directors' For For Fees)
7 Approve Final Dividend For For
8 Approve KPMG PLT as Auditors and Authorize For For Board to Fix Their Remuneration
9 Approve Issuance of Equity or Equity-Linked For For Securities without Preemptive Rights
Troy Resources Limited
Meeting Date: 11/27/2017 Country: Australia Meeting Type: Annual Ticker: TRY
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Peter A Stern as Director For For
2 Approve the Remuneration Report For Against
Voter Rationale: The minimum vesting period is less than three years.
3 Approve Issuance of Shares to Professional and For For Sophisticated Investors
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
China Telecom Corporation Ltd
Meeting Date: 11/28/2017 Country: China Meeting Type: Special Ticker: 728
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Liu Aili as Director, Approve His Service For For Contract, and Authorize Board to Fix His Remuneration
Clinigen Group Plc
Meeting Date: 11/28/2017 Country: United Kingdom Meeting Type: Annual Ticker: CLIN
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Final Dividend For For
3 Elect Chris Rigg as Director For For
4 Re-elect Ian Nicholson as Director For For
5 Re-elect Martin Abell as Director For For
6 Reappoint PricewaterhouseCoopers LLP as For For Auditors
7 Authorise Board to Fix Remuneration of Auditors For For
8 Authorise Political Donations and Expenditure For For
9 Authorise Issue of Equity with Pre-emptive For For Rights
10 Authorise Issue of Equity without Pre-emptive For For Rights
11 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Capital investment
Collection House Ltd.
Meeting Date: 11/28/2017 Country: Australia Meeting Type: Annual Ticker: CLH
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Collection House Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Remuneration Report For For
2 Elect Michael Knox as Director For For
3 Elect Kerry John Daly as Director For For
4 Remove Philip Hennessy as Director Against Against
Ferguson PLC
Meeting Date: 11/28/2017 Country: United Kingdom Meeting Type: Annual Ticker: FERG
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Report For For
3 Approve Final Dividend For For
4 Elect Kevin Murphy as Director For For
5 Elect Michael Powell as Director For For
6 Elect Nadia Shouraboura as Director For For
7 Re-elect Tessa Bamford as Director For For
8 Re-elect John Daly as Director For For
9 Re-elect Gareth Davis as Director For For
10 Re-elect Pilar Lopez as Director For For
11 Re-elect John Martin as Director For For
12 Re-elect Alan Murray as Director For For
13 Re-elect Darren Shapland as Director For For
14 Re-elect Jacqueline Simmonds as Director For For
15 Reappoint Deloitte LLP as Auditors For For
16 Authorise the Audit Committee to Fix For For Remuneration of Auditors
17 Authorise EU Political Donations and For For Expenditure
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Ferguson PLC
Proposal Vote Number Proposal Text Mgmt Rec Instruction
18 Authorise Issue of Equity with Pre-emptive For For Rights
19 Authorise Issue of Equity without Pre-emptive For For Rights
20 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment
21 Authorise Market Purchase of Ordinary Shares For For
PT Astra International Tbk
Meeting Date: 11/28/2017 Country: Indonesia Meeting Type: Special Ticker: ASII
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Sri Indrastuti Hadiputranto as For For Commisonner
Sistema PJSFC
Meeting Date: 11/28/2017 Country: Russia Meeting Type: Special Ticker: AFKS
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Interim Dividends for First Nine Months For For of Fiscal 2017
Trinseo S.A.
Meeting Date: 11/28/2017 Country: Luxembourg Meeting Type: Special Ticker: TSE
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1A Elect Director Henri Steinmetz For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Woolworths Holdings Ltd
Meeting Date: 11/28/2017 Country: South Africa Meeting Type: Annual Ticker: WHL
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Re-elect Zarina Bassa as Director For For
1.2 Re-elect Hubert Brody as Director For For
1.3 Re-elect Nombulelo Moholi as Director For For
1.4 Re-elect Sam Ngumeni as Director For For
2 Elect John Dixon as Director For For
3 Reappoint Ernst & Young Inc as Auditors of the For For Company
4.1 Re-elect Patrick Allaway as Member of the Audit For For Committee
4.2 Re-elect Zarina Bassa as Member of the Audit For For Committee
4.3 Re-elect Hubert Brody as Member of the Audit For For Committee
4.4 Re-elect Andrew Higginson as Member of the For For Audit Committee
5 Approve Remuneration Policy For Against
Voter Rationale: Increase in pay despite decrease in TSR and financial performance not making targets - too much salary is fixed
6 Approve Implementation Report For Against
Voter Rationale: Increase in pay despite decrease in TSR and financial performance not making targets - too much salary is fixed
7.1 Approve the Value-Added Tax Paid or Payable by For For the Non-executive Directors on Their Fees
7.2 Approve Non-executive Directors' Fees for the For For Period 1 January to 31 December 2018
8 Adopt Memorandum of Incorporation For For
9 Authorise Repurchase of Issued Share Capital For For
10 Approve Financial Assistance to Related or For For Inter-related Companies
11 Approve Issuance of Shares or Options and For For Grant Financial Assistance in Terms of the Company's Share-Based Incentive Schemes
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Cromwell Property Group
Meeting Date: 11/29/2017 Country: Australia Meeting Type: Annual/Special Ticker: CMW
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Elect Geoffrey Levy as Director For For
3 Elect Andrew Konig as Director For For
4 Elect Jane Tongs as Director For For
5 Elect Leon Blitz as Director For For
6 Approve Remuneration Report For Against
Voter Rationale: Pay for performance misalignment and high quantum.
Industrial and Commercial Bank of China Limited
Meeting Date: 11/29/2017 Country: China Meeting Type: Special Ticker: 1398
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Remuneration of Directors and For For Supervisors for 2016
2 Elect Anthony Francis Neoh as Director For For
3 Amend Rules and Procedures Regarding General For For Meetings of Shareholders
4 Amend Rules and Procedures Regarding For Abstain Meetings of Board of Directors Voter Rationale: Would grant the Party Committee with legitimate authority to assert disproportionate influence over the board and its committees, and expose shareholders to governance risks
5 Amend Rules and Procedures Regarding For For Meetings of Board of Supervisors
Microsoft Corporation
Meeting Date: 11/29/2017 Country: USA Meeting Type: Annual Ticker: MSFT
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Microsoft Corporation
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director William H. Gates, III For For
1.2 Elect Director Reid G. Hoffman For For
1.3 Elect Director Hugh F. Johnston For For
1.4 Elect Director Teri L. List-Stoll For For
1.5 Elect Director Satya Nadella For For
1.6 Elect Director Charles H. Noski For For
1.7 Elect Director Helmut Panke For For
1.8 Elect Director Sandra E. Peterson For For
1.9 Elect Director Penny S. Pritzker For For
1.10 Elect Director Charles W. Scharf For For
1.11 Elect Director Arne M. Sorenson For For
1.12 Elect Director John W. Stanton For For
1.13 Elect Director John W. Thompson For For
1.14 Elect Director Padmasree Warrior For For
2 Advisory Vote to Ratify Named Executive For Against Officers' Compensation Voter Rationale: The minimum vesting period is less than three years.
3 Advisory Vote on Say on Pay Frequency One Year One Year
4 Ratify Deloitte & Touche LLP as Auditors For For
5 Amend Executive Incentive Bonus Plan For For
6 Approve Omnibus Stock Plan For Against
Voter Rationale: The minimum vesting period is less than three years.
PT Tambang Batubara Bukit Asam Tbk
Meeting Date: 11/29/2017 Country: Indonesia Meeting Type: Special Ticker: PTBA
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Amend Articles of Association For Against
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
PT Tambang Batubara Bukit Asam Tbk
Proposal Vote Number Proposal Text Mgmt Rec Instruction
Voter Rationale: Lack of information
2 Approve Stock Split For For
3 Approve Resignation of Arie Prabowo Ariotedjo For For as Director
Sandfire Resources NL
Meeting Date: 11/29/2017 Country: Australia Meeting Type: Annual Ticker: SFR
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve the Remuneration Report For For
2 Elect Dr Roric Smith as Director For For
3 Elect Derek La Ferla as Director For Against
Voter Rationale: Overboarded.
4 Approve the Grant of Performance Rights to Karl For For M Simich
SANYO HOUSING NAGOYA CO. LTD.
Meeting Date: 11/29/2017 Country: Japan Meeting Type: Annual Ticker: 8904
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Miyazaki, Soichi For For
1.2 Elect Director Sawada, Yasunari For For
1.3 Elect Director Mito, Naoki For For
1.4 Elect Director Kohara, Noboru For For
1.5 Elect Director Omori, Takaharu For For
1.6 Elect Director Miyazaki, Takuya For For
1.7 Elect Director Ori, Takashi For For
1.8 Elect Director Endo, Akikazu For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
SANYO HOUSING NAGOYA CO. LTD.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2.1 Appoint Statutory Auditor Nakamura, Masahiro For For
2.2 Appoint Statutory Auditor Amano, Kageharu For For
3 Approve Director Retirement Bonus For Against
Voter Rationale: The bonus amount is not disclosed.
Seek Ltd.
Meeting Date: 11/29/2017 Country: Australia Meeting Type: Annual Ticker: SEK
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2 Approve the Remuneration Report For Against
Voter Rationale: No performance conditions in equity rights award and the LTI is based on a cliff vesting performance criteria.
3a Elect Neil Chatfield as Director For For
3b Elect Julie Fahey as Director For For
3c Elect Vanessa Wallace as Director For For
4 Adopt New Constitution For For
5 Approve the Grant of Equity Right to Andrew For Against Bassat Voter Rationale: No performance conditions attached.
6 Approve the Grant of LTI Rights to Andrew For Against Bassat Voter Rationale: Cliff vesting applies meaning full vesting will occur if the average growth rate is achieved.
Shimachu Co. Ltd.
Meeting Date: 11/29/2017 Country: Japan Meeting Type: Annual Ticker: 8184
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Allocation of Income, with a Final For For Dividend of JPY 40
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Shimachu Co. Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2.1 Elect Director Okano, Takaaki For For
2.2 Elect Director Kushida, Shigeyuki For For
2.3 Elect Director Oshima, Koichiro For For
2.4 Elect Director Hosokawa, Tadahiro For For
2.5 Elect Director Orimoto, Kazuya For For
2.6 Elect Director Ebihara, Yumi For For
3.1 Elect Director and Audit Committee Member For For Demura, Toshifumi
3.2 Elect Director and Audit Committee Member For For Tajima, Koji
3.3 Elect Director and Audit Committee Member For For Yamaguchi, Hiro
3.4 Elect Director and Audit Committee Member For For Kubomura, Yasushi
ST Barbara Ltd.
Meeting Date: 11/29/2017 Country: Australia Meeting Type: Annual Ticker: SBM
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve the Remuneration Report For Against
Voter Rationale: Retests of the LTI are permitted.
2 Elect Tim Netscher as Director For For
3 Approve Issuance of Performance Rights to For Against Robert (Bob) Vassie Voter Rationale: Retests are permitted.
Warpaint London PLC
Meeting Date: 11/29/2017 Country: United Kingdom Meeting Type: Special Ticker: W7L
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Warpaint London PLC
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Authorise Issue of Equity in Connection to the For For Placing and Acquisition
2 Authorise Issue of Equity without Pre-emptive For For Rights in Connection to the Placing and Acquisition
Akzo Nobel NV
Meeting Date: 11/30/2017 Country: Netherlands Meeting Type: Special Ticker: AKZA
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect M.J. de Vries to Management Board For For
2a Elect P.W. Thomas to Supervisory Board For For
2b Elect S.M Clark to Supervisory Board For For
2c Elect M. Jaski to Supervisory Board For For
3 Approve Spin-Off with Specialty Chemicals For For Business
Bank of Queensland Ltd
Meeting Date: 11/30/2017 Country: Australia Meeting Type: Annual Ticker: BOQ
Proposal Vote Number Proposal Text Mgmt Rec Instruction
2a Elect Roger Davis as Director For For
2b Elect Michelle Tredenick as Director For For
2c Elect Margaret Seale as Director For For
2d Elect Bruce Carter as Director For For
3 Approve the Grant of Performance Award Rights For For to Jon Earle Sutton
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Bank of Queensland Ltd
Proposal Vote Number Proposal Text Mgmt Rec Instruction
4 Approve Issuance of Plan Shares Under the For For BOQ Employee Share Plan
5 Approve Issuance of Restricted Shares Under For For the BOQ Restricted Share Plan
6 Approve Issuance of Award Rights Under the For For BOQ Award Rights Plan
7a Approve the First Selective Buy-Back Scheme For For in Relation to the Convertible Preference Shares
7b Approve the Second Selective Buy-Back Scheme For For in Relation to the Convertible Preference Shares
8 Approve the Remuneration Report For For
China CITIC Bank Corporation Ltd.
Meeting Date: 11/30/2017 Country: China Meeting Type: Special Ticker: 998
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Amend Rules of Procedure for General Meetings For For of Shareholders
2 Amend Rules of Procedures for the Board of For For Supervisors
3.1 Approve Caps for Asset Transfer with CITIC For For Group and Its Associates for the Years 2018-2020
3.2 Approve Caps for Wealth Management and For For Investment Services with CITIC Group and Its Associates for the Years 2018-2020
3.3 Approve Caps for Credit Extension with CITIC For For Group and Its Associates for the Years 2018-2020
3.4 Approve Caps for Credit Extension with Xinhu For For Zhongbao and Its Associates for the Years 2018-2020
3.5 Approve Caps for Credit Extension with China For For Tobacco and Its Associates for the Years 2018-2020
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
China CITIC Bank Corporation Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
4 Approve Amendments to Articles of Association For Abstain
Voter Rationale: The proposed amendments may result in granting the Party Committee with legitimate authority to significantly influence the leadership and corporate governance of the company, allowing it to assert disproportionate influence over the board and expose shareholders to governance risks
5 Approve Issuance of Tier-Two Capital Bonds For For
Fast Retailing
Meeting Date: 11/30/2017 Country: Japan Meeting Type: Annual Ticker: 9983
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Elect Director Yanai, Tadashi For For
1.2 Elect Director Hambayashi, Toru For For
1.3 Elect Director Hattori, Nobumichi For For
1.4 Elect Director Murayama, Toru For For
1.5 Elect Director Shintaku, Masaaki For For
1.6 Elect Director Nawa, Takashi For For
2 Appoint Deloitte Touche Tohmatsu LLC as New For For External Audit Firm
FirstRand Ltd
Meeting Date: 11/30/2017 Country: South Africa Meeting Type: Annual Ticker: FSR
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Re-elect Pat Goss as Director For Against
Voter Rationale: length of tenure compromises his position as Lead Independent director as well as role on key committees
1.2 Re-elect Paul Harris as Director For Against
Voter Rationale: Paul Harris and Herman Bosman are non-independent NEDs who serve as members of a Board on which there is no majority of independent NEDs among the NEDs. The absence of an independent majority on the Board increases the potential for the Board to be unable to effectively oversee the executive management of the Company.
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
FirstRand Ltd
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.3 Re-elect Russell Loubser as Director For For
1.4 Re-elect Tandi Nzimande as Director For For
1.5 Elect Thandie Mashego as Director For For
1.6 Elect Herman Bosman as Director For Against
Voter Rationale: Paul Harris and Herman Bosman are non-independent NEDs who serve as members of a Board on which there is no majority of independent NEDs among the NEDs. The absence of an independent majority on the Board increases the potential for the Board to be unable to effectively oversee the executive management of the Company.
2.1 Reappoint Deloitte & Touche as Auditors of the For For Company
2.2 Reappoint PricewaterhouseCoopers Inc as For For Auditors of the Company
1 Approve Remuneration Policy For Against
Voter Rationale: Lack of disclosure and one-off and cash-settled LTEMRS cash awards converted into participation awards made at a significant discount to the market price on grant date
2 Approve Remuneration Implementation Report For Against
Voter Rationale: Lack of disclosure and one-off and cash-settled LTEMRS cash awards converted into participation awards made at a significant discount to the market price on grant date
3 Place Authorised but Unissued Ordinary Shares For For under Control of Directors
4 Authorise Board to Issue Shares for Cash For For
5 Authorise Ratification of Approved Resolutions For For
1 Authorise Repurchase of Issued Share Capital For For
2.1 Approve Financial Assistance to Directors and For For Prescribed Officers as Employee Share Scheme Beneficiaries
2.2 Approve Financial Assistance to Related and For For Inter-related Entities
3 Approve Remuneration of Non-executive For For Directors
Grand Korea Leisure Co. Ltd.
Meeting Date: 11/30/2017 Country: South Korea Meeting Type: Special Ticker: A114090
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Grand Korea Leisure Co. Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Remove Lee Gi-woo from Inside Director For For (Non-contentious)
Harel Insurance Investments & Financial Services Ltd.
Meeting Date: 11/30/2017 Country: Israel Meeting Type: Special Ticker: HARL
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1.1 Reelect Israel Gilead as External Director For For
1.2 Elect Miri Sharir Lent as External Director For For
2 Ratify Amended Compensation Policy for the For For Directors and Officers
3 Approve Employment Terms of Yair Hamburger, For For Chairman
4 Approve Employment Terms of Gideon For For Hamburger, Director
5 Approve Employment Terms of Joav Tzvi Manor, For For Director
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
Voter Rationale: Administrative
B1 If you are an Interest Holder as defined in None Against Section 1 of the Securities Law, 1968, vote FOR. Otherwise, vote against. Voter Rationale: Administrative
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. Voter Rationale: Administrative
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Harel Insurance Investments & Financial Services Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
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.
JPMorgan Global Convertibles Income Fund Limited
Meeting Date: 11/30/2017 Country: Guernsey Meeting Type: Annual Ticker: JGCI
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Policy For For
3 Approve Remuneration Report For For
4 Elect Gailina Liew as Director For For
5 Re-elect Simon Miller as Director For For
6 Re-elect Philip Taylor as Director For For
7 Re-elect Charlotte Valeur as Director For For
8 Re-elect Paul Meader as Director For For
9 Ratify Ernst & Young LLP as Auditors and For For Authorise Their Remuneration
10 Authorise Issue of Equity with Pre-emptive For For Rights
11 Authorise Issue of Equity without Pre-emptive For For Rights
12 Authorise Market Purchase of Ordinary Shares For For
MegaFon PJSC
Meeting Date: 11/30/2017 Country: Russia Meeting Type: Special Ticker: MFON
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
MegaFon PJSC
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Executive Director For For
MegaFon PJSC
Meeting Date: 11/30/2017 Country: Russia Meeting Type: Special Ticker: MFON
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Elect Executive Director For For
Ramelius Resources Ltd
Meeting Date: 11/30/2017 Country: Australia Meeting Type: Annual Ticker: RMS
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Remuneration Report For For
2 Elect Michael Andrew Bohm as Director For For
3 Elect Stephen Lewis Matthews as Director Against Against
Voter Rationale: No compelling case to support his election.
Retail Food Group Ltd
Meeting Date: 11/30/2017 Country: Australia Meeting Type: Annual Ticker: RFG
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Approve Remuneration Report For Against
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Retail Food Group Ltd
Proposal Vote Number Proposal Text Mgmt Rec Instruction
Voter Rationale: Lack of disclosure around bonus targets and pay-outs so shareholders are unable to determine pay for performance alignment.
2 Elect Colin Archer as Director For For
3 Elect Kerry Ryan as Director For For
4 Approve Financial Assistance by Associated For For Foodservice Entities
5 Approve Grant of Performance Rights to Andre For For Nell
SSGA SPDR ETFS EUROPE I PLC - Barclays Emerging Markets Local Bond UCITS ETF
Meeting Date: 11/30/2017 Country: Ireland Meeting Type: Annual Ticker: EMDD
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Ratify PricewaterhouseCoopers as Auditors For For
3 Authorise Board to Fix Remuneration of Auditors For For
4 Review the Company's Affairs For For
5 Transact Other Business For Against
Voter Rationale: Other business not disclosed.
SSGA SPDR ETFS EUROPE I PLC - SPDR S&P 400 US MID CAP UCITS ETF
Meeting Date: 11/30/2017 Country: Ireland Meeting Type: Annual Ticker: SPY4
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Ratify PricewaterhouseCoopers as Auditors For For
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
SSGA SPDR ETFS EUROPE I PLC - SPDR S&P 400 US MID CAP UCITS ETF
Proposal Vote Number Proposal Text Mgmt Rec Instruction
3 Authorise Board to Fix Remuneration of Auditors For For
4 Review the Company's Affairs For For
5 Transact Other Business For Against
Voter Rationale: Other business not disclosed
St Ives plc
Meeting Date: 11/30/2017 Country: United Kingdom Meeting Type: Annual Ticker: SIV
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Accept Financial Statements and Statutory For For Reports
2 Approve Remuneration Policy For For
3 Approve Remuneration Report For For
4 Approve Final Dividend For For
5 Reappoint Deloitte LLP as Auditors For For
6 Authorise Board to Fix Remuneration of Auditors For For
7 Re-elect Matt Armitage as Director For For
8 Re-elect Brad Gray as Director For For
9 Re-elect Mike Butterworth as Director For For
10 Re-elect Nigel Pocklington as Director For For
11 Re-elect Helen Stevenson as Director For For
12 Re-elect Richard Stillwell as Director For For
13 Authorise Issue of Equity with Pre-emptive For For Rights
14 Authorise Issue of Equity without Pre-emptive For For Rights
15 Authorise Issue of Equity without Pre-emptive For For Rights in Connection with an Acquisition or Other Capital Investment
16 Authorise Market Purchase of Ordinary Shares For For
17 Authorise the Company to Call General Meeting For For with Two Weeks' Notice
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Weichai Power Co., Ltd.
Meeting Date: 11/30/2017 Country: China Meeting Type: Special Ticker: 2338
Proposal Vote Number Proposal Text Mgmt Rec Instruction
1 Amend Articles of Association For Abstain
Voter Rationale: The proposed amendments may result in granting the Party Committee with legitimate authority to significantly influence the leadership and corporate governance of the company, allowing it to assert disproportionate influence over the board and expose shareholders to governance risks.
2 Approve Provision of Guarantee For For
Yue Yuen Industrial (Holdings) Ltd.
Meeting Date: 11/30/2017 Country: Bermuda Meeting Type: Special Ticker: 551
Proposal Vote Number Proposal Text Mgmt Rec Instruction
A Approve Sixth Supplemental PCC Services For For Agreement, Proposed Caps and Related Transactions
B Approve Fifth Supplemental PCC Connected For For Sales Agreement, Proposed Caps and Related Transactions
C Approve Fifth Supplemental PCC Connected For For Purchases Agreement, Proposed Caps and Related Transactions
D Approve Sixth Supplemental GBD Management For For Service Agreement, Proposed Caps and Related Transactions
E Approve Sixth Supplemental Godalming Tenancy For For Agreement, Proposed Caps and Related Transactions
F Approve PCC/YY Tenancy Agreement, Proposed For For Caps and Related Transactions
G Approve PCC/PS Tenancy Agreement, Proposed For For Caps and Related Transactions
H Amend TCHC Stock Option Plan For For
I Approve Grant of Options to Jay Patel Under the For For TCHC Stock Option Plan
J Approve Grant of Options to Steven Richman For For Under the TCHC Stock Option Plan
Vote Summary Report Date range covered: 11/01/2017 to 11/30/2017
Yue Yuen Industrial (Holdings) Ltd.
Proposal Vote Number Proposal Text Mgmt Rec Instruction
K Approve Grant of Options to Eve Richey Under For For the TCHC Stock Option Plan