Share Voting Activity Report July 2017 to March 2018 · Web viewAction. Meetings. Proposals. Votes For. Votes Against. Votes Abstain. Votes Withhold. DNV. 1 YR. ... Authorize Management

Share Voting Activity 1 July 2017 to 31 March 2018

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

Publication Date: April 2018

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

Page | 1

Meeting-Level Statistical Issues Summary (SIS) ReportReport was run from: 7/1/17 to 3/31/18

Table 1 –Antitakeover Related

Action MeetingsProposal

sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d

DNV 1 YR 2 YRS 3 YRSWith

Mgmt.Against Mgmt.

With Policy

Against Policy

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

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

Adjourn Meeting 15 15 14 1 0 0 0 0 0 0 14 1 15 0

Amend Articles / Charter Governance-Related

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

Authorize Share Repurchase / Tender Offer / Share Exchange

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

Authorize the Company to Call EGM with Two Weeks’ Notice

28 28 28 0 0 0 0 0 0 0 28 0 28 0

Reduce Supermajority Vote Requirement

2 7 4 0 0 0 3 0 0 0 4 0 4 0

Remove Antitakeover Provisions 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Renew Partial Takeover Provision 17 17 17 0 0 0 0 0 0 0 17 0 17 0

Totals for Antitakeover Related:

66 71 65 3 0 0 3 0 0 0 65 3 68 0

Table 2 –Capitalization


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Amend Articles/Charter Equity-Related

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

Amend Articles/Charter to Reflect Changes in Capital

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

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

Approve Change-of-Control Clause 1 2 2 0 0 0 0 0 0 0 2 0 2 0

Page | 2



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Approve Issuance of Equity with or without Pre-emptive Rights

10 10 10 0 0 0 0 0 0 0 10 0 10 0

Approve Issuance of Equity without Pre-emptive Rights

60 85 77 8 0 0 0 0 0 0 77 8 85 0

Approve Issuance of Shares for a Private Placement

7 8 8 0 0 0 0 0 0 0 8 0 8 0

Approve Issuance of Warrants/Bonds without Pre-emptive Rights

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

Approve Issuance of Warrants/Convertible Debentures

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

Approve Reduction in Share Capital 18 18 18 0 0 0 0 0 0 0 18 0 18 0

Approve Reduction/Cancellation of Share Premium Account

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

Approve Shares for Private Placement to Director/Executive

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

Approve Stock Split 3 3 3 0 0 0 0 0 0 0 3 0 3 0

Approve/Amend Conversion of Securities

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

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

Authorize Capital Increase for Future Share Exchange Offers

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

Authorize Capital Increase of up to 10 Percent

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

Authorize Directed Share Repurchase Program

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

Authorize Issuance of Equity (Subsidiary's Securities)

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

Authorize Issuance of Equity with Pre-emptive Rights

44 44 44 0 0 0 0 0 0 0 44 0 44 0

Page | 3



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Authorize Management Board to Set Issue Price for 10 Percent

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

Authorize Reissuance of Repurchased Shares

8 8 5 3 0 0 0 0 0 0 5 3 8 0

Authorize Share Repurchase Program

78 84 80 4 0 0 0 0 0 0 80 4 84 0

Authorize Share Repurchase Program/Reissuance of Shares

8 9 7 2 0 0 0 0 0 0 7 2 9 0

Authorize Use of Financial Derivatives

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

Capitalize Reserves for Bonus Issue/Increase in Par Value

6 6 4 2 0 0 0 0 0 0 4 2 6 0

Company Specific - Equity Related 8 11 11 0 0 0 0 0 0 0 11 0 11 0

Eliminate Class of Preferred Stock 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Eliminate Pre-emptive Rights 2 2 2 0 0 0 0 0 0 0 2 0 2 0

Increase Authorized Common Stock 2 2 2 0 0 0 0 0 0 0 2 0 2 0

Ratify Past Issuance of Shares 17 18 17 0 1 0 0 0 0 0 17 1 17 1

Reduce Authorized Common and/or Preferred Stock

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

Totals for Capitalization: 133 345 323 20 2 0 0 0 0 0 323 22 343 2

Table 3 –Directors Related

Action Meetings ProposalsVotes

ForVotes

AgainstVotes

AbstainVotes

Withhold DNV1 YR 2 YRS 3 YRS With

Mgmt.Against Mgmt.

With Policy

Against Policy

Amend Articles Board-Related 8 10 10 0 0 0 0 0 0 0 10 0 10 0

Appoint Alternate Internal Statutory Auditor(s)

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

Appoint Internal Statutory Auditors 22 39 34 5 0 0 0 0 0 0 34 5 39 0

Approve Director/Officer Liability and Indemnification

5 6 6 0 0 0 0 0 0 0 6 0 6 0

Page | 4



ForVotes

AgainstVotes

AbstainVotes


Mgmt.Against Mgmt.

With Policy

Against Policy

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

Approve Discharge of Board and President

20 36 35 1 0 0 0 0 0 0 35 1 36 0

Approve Discharge of Directors and Auditors

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

Approve Discharge of Management Board

20 25 24 1 0 0 0 0 0 0 24 1 25 0

Approve Discharge of Management and Supervisory Board

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

Approve Discharge of Supervisory Board

9 28 27 1 0 0 0 0 0 0 27 1 28 0

Approve Executive Appointment 5 7 7 0 0 0 0 0 0 0 7 0 7 0

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

Approve Remuneration of Directors and/or Committee Members

51 56 53 3 0 0 0 0 0 0 53 3 56 0

Approve the Spill Resolution 9 9 0 9 0 0 0 0 0 0 9 0 9 0

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

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

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

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

Elect Alternate/Deputy Directors 7 13 13 0 0 0 0 0 0 0 13 0 13 0

Elect Board Chairman/Vice-Chairman

11 11 8 3 0 0 0 0 0 0 8 3 11 0

Elect Director 477 2621 2467 128 14 10 2 0 0 0 2467 152 2619 0

Elect Directors (Bundled) 6 6 3 3 0 0 0 0 0 0 3 3 6 0

Elect Directors (Management Slate) 3 32 9 0 0 1 22 0 0 0 9 1 10 0

Elect Supervisory Board Member 9 24 24 0 0 0 0 0 0 0 24 0 24 0

Fix Number of Directors and/or Auditors

16 20 20 0 0 0 0 0 0 0 20 0 20 0

Indicate Personal Interest in 8 8 0 8 0 0 0 0 0 0 8 0 8 0

Page | 5



ForVotes

AgainstVotes

AbstainVotes


Mgmt.Against Mgmt.

With Policy

Against Policy

Proposed Agenda ItemProvide Proxy Access Right 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Remove Age Restriction for Directors

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

Totals for Directors Related : 506 2971 2760 162 14 11 24 0 0 0 2777 170 2947 0

Page | 6


Table 4 –Non-Salary Compensation


ForVotes

AgainstVotes

AbstainVotes


Mgmt.Against Mgmt.

With Policy

Against Policy

Advisory Vote on Golden Parachutes

7 7 4 3 0 0 0 0 0 0 4 3 7 0

Advisory Vote on Say on Pay Frequency

56 58 0 0 0 0 2 56 0 0 55 1 56 0

Amend Articles/Charter Compensation-Related

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

Amend Executive Share Option Plan

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

Amend Non-Employee Director Omnibus Stock Plan

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

Amend Non-Qualified Employee Stock Purchase Plan

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

Amend Omnibus Stock Plan 25 25 23 2 0 0 0 0 0 0 23 2 25 0

Amend Qualified Employee Stock Purchase Plan

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

Amend Restricted Stock Plan 5 5 5 0 0 0 0 0 0 0 5 0 5 0

Amend Terms of Severance Payments to Executives

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

Approve Annual Bonus Pay for Directors/Statutory Auditors

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

Approve Bundled Remuneration Plans

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

Approve Equity Plan Financing 4 4 4 0 0 0 0 0 0 0 4 0 4 0

Approve Executive Share Option Plan

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

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

Approve Increase Compensation Ceiling for Directors

39 40 31 9 0 0 0 0 0 0 34 6 40 0

Page | 7



ForVotes

AgainstVotes

AbstainVotes


Mgmt.Against Mgmt.

With Policy

Against Policy

Approve Omnibus Stock Plan 14 14 13 1 0 0 0 0 0 0 13 1 14 0

Approve Outside Director Stock/Options in Lieu of Cash

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

Approve Qualified Employee Stock Purchase Plan

11 12 12 0 0 0 0 0 0 0 12 0 12 0

Approve Remuneration Policy 43 49 36 13 0 0 0 0 0 0 36 13 49 0

Approve Remuneration Report 372 386 334 49 0 0 3 0 0 0 335 48 383 0

Approve Remuneration of Directors 13 19 16 3 0 0 0 0 0 0 16 3 19 0

Approve Restricted Stock Plan 35 39 33 6 0 0 0 0 0 0 34 5 39 0

Approve Retirement Bonuses for Directors

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

Approve Share Appreciation Rights/ Phantom Option Plan

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

Approve Share Plan Grant 149 210 197 13 0 0 0 0 0 0 197 13 210 0

Approve Stock Option Plan Grants 17 23 12 11 0 0 0 0 0 0 15 8 23 0

Approve Stock/Cash Award to Executive

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

Approve or Amend Option Plan for Overseas Employees

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

Approve or Amend Severance/Change-in-Control Agreements

14 14 10 4 0 0 0 0 0 0 10 4 14 0

Approve/Amend All Employee Share Schemes

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

Approve/Amend Deferred Share Bonus Plan

5 7 7 0 0 0 0 0 0 0 7 0 7 0

Approve/Amend Employment Agreements

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

Approve/Amend Executive Incentive Bonus Plan

14 15 15 0 0 0 0 0 0 0 15 0 15 0

Approve/Amend Retirement Plan 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Company-Specific Compensation- 3 3 3 0 0 0 0 0 0 0 3 0 3 0

Page | 8



ForVotes

AgainstVotes

AbstainVotes


Mgmt.Against Mgmt.

With Policy

Against Policy

RelatedFix Maximum Variable Compensation Ratio

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

Increase in Compensation Ceiling for Statutory Auditors

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

Totals for Non-Salary Compensation:

442 977 793 122 0 0 6 56 0 0 856 115 971 0

Table 5 –Preferred / Bondholder

Action MeetingsProposals

Votes For

Votes Against

Votes Abstain

Votes Withhold

DNV 1 YR 2 YRS 3 YRSWith Mgmt.

Against Mgmt.

With Policy

Against Policy

If you are a Senior Officer, vote FOR. Otherwise, vote against.

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

If you are an Institutional Investor or a Manager of a Joint Investment Trust Fund, vote FOR. Otherwise, vote against.

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

If you are an Interest Holder, vote FOR. Otherwise, vote against.

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

Indicate That You Do Not Have Personal Interest in Proposed

4 5 4 1 0 0 0 0 0 0 5 0 5 0

Totals for Preferred/Bondholder :

8 23 4 19 0 0 0 0 0 0 23 0 23 0

Table 6 –Reorganization and Mergers


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Acquire Certain Assets of Another Company

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

Page | 9



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Amend Articles to: (Japan) 14 14 14 0 0 0 0 0 0 0 14 0 14 0

Amend Articles/Bylaws/Charter -- Organization-Related

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

Approve Affiliation Agreements with Subsidiaries

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

Approve Exchange of Debt for Equity

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

Approve Joint Venture Agreement 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Approve Merger Agreement 10 10 10 0 0 0 0 0 0 0 10 0 10 0

Approve Pledging of Assets for Debt

13 15 15 0 0 0 0 0 0 0 15 0 15 0

Approve Reorganization/Restructuring Plan

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

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

Approve Scheme of Arrangement 7 7 7 0 0 0 0 0 0 0 7 0 7 0

Approve Spin-Off Agreement 2 2 2 0 0 0 0 0 0 0 2 0 2 0

Approve Transaction with a Related Party

6 12 12 0 0 0 0 0 0 0 12 0 12 0

Approve/Amend Loan Guarantee to Subsidiary

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

Change Jurisdiction of Incorporation

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

Issue Shares in Connection with Acquisition

20 24 24 0 0 0 0 0 0 0 24 0 24 0

Waive Requirement for Mandatory Offer to All Shareholders

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

Totals for Reorganization and Mergers:

86 107 107 0 0 0 0 0 0 0 107 0 107 0

Table 7 – Routine / Business

Page | 10



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Accept Consolidated Financial Statements/Statutory Reports

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

Accept Financial Statements and Statutory Reports

92 94 93 1 0 0 0 0 0 0 93 1 94 0

Acknowledge Proper Convening of Meeting

13 13 13 0 0 0 0 0 0 0 13 0 13 0

Adopt Jurisdiction of Incorporation as Exclusive Forum

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

Adopt New Articles of Association/Charter

13 13 13 0 0 0 0 0 0 0 13 0 13 0

Allow Electronic Distribution of Company Communications

1 4 4 0 0 0 0 0 0 0 4 0 4 0

Amend Articles/Bylaws/Charter -- Non-Routine

15 18 17 1 0 0 0 0 0 0 17 1 18 0

Amend Articles/Bylaws/Charter -- Routine

10 14 14 0 0 0 0 0 0 0 14 0 14 0

Amend Corporate Purpose 3 3 3 0 0 0 0 0 0 0 3 0 3 0

Appoint Appraiser/Special Auditor/Liquidator

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

Approve Allocation of Income and Dividends

91 91 90 1 0 0 0 0 0 0 90 1 91 0

Approve Auditors and their Remuneration

30 30 29 1 0 0 0 0 0 0 29 1 30 0

Approve Dividends 47 48 48 0 0 0 0 0 0 0 48 0 48 0

Approve Financials/Income Allocation/Director Discharge

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

Approve Minutes of Previous Meeting

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

Approve Political Donations 27 27 27 0 0 0 0 0 0 0 27 0 27 0

Approve Publication of Information in English

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

Page | 11



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Approve Remuneration of Directors and Auditors

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

Approve Special Auditors Report 5 5 4 1 0 0 0 0 0 0 4 1 5 0

Approve Special/Interim Dividends 5 6 5 0 0 0 1 0 0 0 5 0 5 0

Approve Standard Accounting Transfers

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

Approve Stock Dividend Program 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Approve Treatment of Net Loss 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Approve/Amend Regulations on General Meetings

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

Authorize Board to Fix Remuneration of External Auditor(s)

51 51 51 0 0 0 0 0 0 0 51 0 51 0

Authorize Board to Ratify and Execute Approved Resolutions

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

Authorize Filing of Required Documents/Other Formalities

14 15 15 0 0 0 0 0 0 0 15 0 15 0

Change Company Name 6 6 6 0 0 0 0 0 0 0 6 0 6 0

Change Location of Registered Office/Headquarters

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

Designate Inspector of Meeting Minutes

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

Designate X as Independent Proxy 11 11 11 0 0 0 0 0 0 0 11 0 11 0

Elect Chairman of Meeting 10 10 8 0 0 0 2 0 0 0 8 0 8 0

Elect Members of Nominating Committee

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

Elect Members of Remuneration Committee

10 33 28 5 0 0 0 0 0 0 28 5 33 0

Miscellaneous Proposal: Company-Specific

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

Page | 12



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Other Business 11 12 0 12 0 0 0 0 0 0 1 11 12 0

Prepare and Approve List of Shareholders

13 13 13 0 0 0 0 0 0 0 13 0 13 0

Ratify Alternate Auditor 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Ratify Auditors 195 200 195 0 2 0 3 0 0 0 195 2 197 0

Receive/Approve Report/Announcement

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

Totals for Routine/Business : 308 795 761 24 2 0 8 0 0 0 762 25 787 0

Table 8 –Shareholder - Compensation


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Approve Report of the Compensation Committee

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

Claw-back Compensation in Specified Circumstances

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

Company-Specific--Compensation-Related

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

Limit/Prohibit Accelerated Vesting of Awards

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

Stock Retention/Holding Period 1 1 0 1 0 0 0 0 0 0 1 0 1 0

Totals for SH -Compensation: 6 6 4 2 0 0 0 0 0 0 2 4 6 0

Table 9 –Shareholder – Corporate Governance


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Approve Recapitalization Plan for 2 2 2 0 0 0 0 0 0 0 1 1 2 0

Page | 13



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

all Stock to Have One-voteCompany-Specific--Governance-Related

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

Provide for Confidential Vote Tally 3 3 1 2 0 0 0 0 0 0 2 1 3 0

Proxy Voting Disclosure 2 2 1 1 0 0 0 0 0 0 1 1 2 0

Totals for Shareholder-Corporate Governance:

8 8 4 4 0 0 0 0 0 0 4 4 8 0

Table 10 –Shareholder – Directors Related


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Adopt Proxy Access Right 1 1 1 0 0 0 0 0 0 0 1 0 1 0

Amend Articles/Bylaws/Charter - Call Special Meetings

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

Amend Proxy Access Right 9 9 9 0 0 0 0 0 0 0 0 9 9 0

Appoint Alternate Internal Statutory Auditor(s)

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

Board Diversity 1 1 1 0 0 0 0 0 0 0 0 1 1 0

Company-Specific Board-Related 4 6 5 1 0 0 0 0 0 0 5 1 6 0

Elect Directors (Opposition Slate) 3 27 15 0 0 2 10 0 0 0 15 2 17 0

Elect Supervisory Board Members (Bundled)

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

Elect a Shareholder-Nominee to the Board

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

Elect a Shareholder-Nominee to the Board (Non-Proxy-Access)

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

Establish Environmental/Social Issue Board Committee

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

Page | 14



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Provide Right to Act by Written Consent

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

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

Totals for Shareholder-Directors Related:

27 65 42 10 0 2 11 0 0 0 36 18 54 0

Table 11 –Shareholder – Health / Environment


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Climate Change 1 1 0 1 0 0 0 0 0 0 1 0 1 0

Climate Change Action 2 2 0 2 0 0 0 0 0 0 2 0 2 0

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

GHG Emissions 3 3 3 0 0 0 0 0 0 0 0 3 3 0

Prepare Report on Health Care Reform

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

Product Toxicity and Safety 1 1 1 0 0 0 0 0 0 0 0 1 1 0

Recycling 1 1 1 0 0 0 0 0 0 0 0 1 1 0

Renewable Energy 2 2 2 0 0 0 0 0 0 0 0 2 2 0

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

Weapons - Related 1 1 0 1 0 0 0 0 0 0 1 0 1 0

Totals for Shareholder-Health/Environment:

14 14 10 4 0 0 0 0 0 0 4 10 14 0

Table 12 –Shareholder – Other / Miscellaneous

Page | 15



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Adopt Holy Land Principles 1 2 0 1 0 0 1 0 0 0 1 0 1 0

Animal Welfare 1 1 0 1 0 0 0 0 0 0 1 0 1 0

Anti-Discrimination Miscellaneous 2 3 0 2 0 0 1 0 0 0 2 0 2 0

Company-Specific -- Shareholder Miscellaneous

4 8 2 4 0 0 2 0 0 0 5 1 6 0

Gender Pay Gap 1 1 1 0 0 0 0 0 0 0 0 1 1 0

Political Contributions and Lobbying

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

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

Report on EEO 5 5 5 0 0 0 0 0 0 0 0 5 5 0

Totals for Shareholder-Other/miscellaneous:

19 29 17 8 0 0 4 0 0 0 9 16 25 0

Table 13 –Shareholder – Routine / Business


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Amend Articles/Bylaws/Charter -- Non-Routine

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

Approve Allocation of Income/Distribution Policy

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

Company-Specific -- Miscellaneous 4 7 1 6 0 0 0 0 0 0 7 0 7 0

Require Independent Board Chairman

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

Totals for Shareholder-Routine/Business:

12 17 6 10 0 0 1 0 0 0 12 4 16 0

Table 14 –Shareholder – Social / Human Rights

Page | 16



sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Human Rights Risk Assessment 1 1 0 1 0 0 0 0 0 0 1 0 1 0

Operations in High Risk Countries 1 2 1 0 0 0 1 0 0 0 1 0 1 0

Totals for Shareholder – Social / Human Rights:

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

Table 15 –Social Proposal


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Social Proposal 1 2 0 2 0 0 0 0 0 0 2 0 2 0

Totals for Social Proposal: 1 2 0 2 0 0 0 0 0 0 2 0 2 0

Table 16 – Totals for the Report


sVotes

ForVotes

AgainstVotes

Abstain

Votes Withhol

d


Mgmt.Against Mgmt.

With Policy

Against Policy

Totals for the report 572 5433 4897 391 18 13 58 56 0 0 4984 391 5373 2

Page | 17