UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________
FORM N-PX
________
ANNUAL REPORT OF PROXY VOTING RECORD OF
REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act File Number: 811-22920
The Advisors’ Inner Circle Fund III
(Exact name of registrant as specified in charter)
________
101 Federal Street
Boston, Massachusetts 02110
(Address of principal executive offices)
________
Michael Beattie, President
The Advisors’ Inner Circle Fund III
c/o SEI Investments
One Freedom Valley Drive
Oaks, PA 19456
(Name and address of agent for service)
________
Registrant’s telephone number, including area code: 1-877-446-3863
Date of Fiscal Year End: September 30
Date of Reporting Period: July 1, 2021 to June 30, 2022
________
Item 1. Proxy Voting Record.
Attached are the proxy voting records for the following funds, each of which
is a series of The Advisors’ Inner Circle Fund III:
is a series of The Advisors’ Inner Circle Fund III:
SouthernSun Small Cap Fund
SouthernSun U.S. Equity Fund
SouthernSun Small Cap Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
AGCO CORPORATION
Security ID: 001084102
Ticker: AGCO
Meeting Date: 28-Apr-22
Meeting Type: Annual
1a. | Election of Director: Michael C. Arnold | Management | For | Voted - For |
1b. | Election of Director: Sondra L. Barbour | Management | For | Voted - For |
1c. | Election of Director: Suzanne P. Clark | Management | For | Voted - For |
1d. | Election of Director: Bob De Lange | Management | For | Voted - For |
1e. | Election of Director: Eric P. Hansotia | Management | For | Voted - For |
1f. | Election of Director: George E. Minnich | Management | For | Voted - For |
1g. | Election of Director: Niels Pörksen | Management | For | Voted - For |
1h. | Election of Director: David Sagehorn | Management | For | Voted - For |
1i. | Election of Director: Mallika Srinivasan | Management | For | Voted - For |
1j. | Election of Director: Matthew Tsien | Management | For | Voted - For |
2. | Non-binding advisory resolution to approve the compensation of the company's named executive officers | Management | For | Voted - For |
3. | Ratification of kpmg llp as the company's independent registered public accounting firm for 2022 | Management | For | Voted - For |
ARMSTRONG WORLD INDUSTRIES, INC.
Security ID: 04247X102
Ticker: AWI
Meeting Date: 16-Jun-22
Meeting Type: Annual
1.1 | Director: Victor D. Grizzle | Management | For | Voted - For |
1.2 | Director: Richard D. Holder | Management | For | Voted - For |
1.3 | Director: Barbara L. Loughran | Management | For | Voted - For |
1.4 | Director: Larry S. McWilliams | Management | For | Voted - For |
1.5 | Director: James C. Melville | Management | For | Voted - For |
1.6 | Director: Wayne R. Shurts | Management | For | Voted - For |
1.7 | Director: Roy W. Templin | Management | For | Voted - For |
1.8 | Director: Cherryl T. Thomas | Management | For | Voted - For |
2. | To ratify the selection of KPMG LLP as our independent registered public accounting firm for 2022. | Management | For | Voted - For |
3. | To approve, on an advisory basis, our Executive Compensation Program. | Management | For | Voted - For |
4. | To approve the Armstrong World Industries, Inc. Equity and Cash Incentive Plan. | Management | For | Voted - For |
1
SouthernSun Small Cap Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
BROADRIDGE FINANCIAL SOLUTIONS, INC.
Security ID: 11133T103
Ticker: BR
Meeting Date: 18-Nov-21
Meeting Type: Annual
1A. | Election of Director to serve until the 2022 Annual Meeting of Stockholders: Leslie A. Brun | Management | For | Voted - For |
1B. | Election of Director to serve until the 2022 Annual Meeting of Stockholders: Pamela L. Carter | Management | For | Voted - For |
1C. | Election of Director to serve until the 2022 Annual Meeting of Stockholders: Richard J. Daly | Management | For | Voted - For |
1D. | Election of Director to serve until the 2022 Annual Meeting of Stockholders: Robert N. Duelks | Management | For | Voted - For |
1E. | Election of Director to serve until the 2022 Annual Meeting of Stockholders: Melvin L. Flowers | Management | For | Voted - For |
1F. | Election of Director to serve until the 2022 Annual Meeting of Stockholders: Timothy C. Gokey | Management | For | Voted - For |
1G. | Election of Director to serve until the 2022 Annual Meeting of Stockholders: Brett A. Keller | Management | For | Voted - For |
1H. | Election of Director to serve until the 2022 Annual Meeting of Stockholders: Maura A. Markus | Management | For | Voted - For |
1I. | Election of Director to serve until the 2022 Annual Meeting of Stockholders: Annette L. Nazareth | Management | For | Voted - For |
1J. | Election of Director to serve until the 2022 Annual Meeting of Stockholders: Thomas J. Perna | Management | For | Voted - For |
1K. | Election of Director to serve until the 2022 Annual Meeting of Stockholders: Amit K. Zavery | Management | For | Voted - For |
2. | Advisory vote to approve the compensation of the Company's Named Executive Officers (the Say on Pay Vote). | Management | For | Voted - For |
3. | To ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accountants for the fiscal year ending June 30, 2022. | Management | For | Voted - For |
CLEAN HARBORS, INC.
Security ID: 184496107
Ticker: CLH
Meeting Date: 25-May-22
Meeting Type: Annual
1.1 | Director: Andrea Robertson | Management | For | Voted - For |
1.2 | Director: Lauren C. States | Management | For | Voted - For |
1.3 | Director: Robert J. Willett | Management | For | Voted - For |
2. | To approve an advisory vote on the Company's executive compensation. | Management | For | Voted - For |
3. | To ratify the selection by the Audit Committee of the Company's Board of Directors of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the current fiscal year. | Management | For | Voted - For |
2
SouthernSun Small Cap Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
CMC MATERIALS, INC.
Security ID: 12571T100
Ticker: CCMP
Meeting Date: 03-Mar-22
Meeting Type: Special
1. | Proposal to adopt the Agreement and Plan of Merger (the "merger agreement"), dated as of December 14, 2021, by and between CMC Materials, Inc. ("CMC"), Entegris, Inc. and Yosemite Merger Sub (as amended from time to time) (the "merger agreement proposal"). | Management | For | Voted - For |
2. | Proposal to approve, on a non-binding, advisory basis, the merger-related compensation that will or may be paid to CMC's named executive officers in connection with the transactions contemplated by the merger agreement (the "compensation proposal"). | Management | For | Voted - For |
3. | Proposal to approve the adjournment of the special meeting to solicit additional proxies if there are not sufficient votes at the time of the special meeting to approve the merger agreement proposal or to ensure that any supplement or amendment to the accompanying proxy statement/prospectus is timely provided to CMC stockholders (the "adjournment proposal"). | Management | For | Voted - For |
CRANE CO.
Security ID: 224399105
Ticker: CR
Meeting Date: 16-May-22
Meeting Type: Annual
1.1 | Election of Director: Martin R. Benante | Management | For | Voted - For |
1.2 | Election of Director: Michael Dinkins | Management | For | Voted - For |
1.3 | Election of Director: Ronald C. Lindsay | Management | For | Voted - For |
1.4 | Election of Director: Ellen McClain | Management | For | Voted - For |
1.5 | Election of Director: Charles G. McClure, Jr. | Management | For | Voted - For |
1.6 | Election of Director: Max H. Mitchell | Management | For | Voted - For |
1.7 | Election of Director: Jennifer M. Pollino | Management | For | Voted - For |
1.8 | Election of Director: John S. Stroup | Management | For | Voted - For |
1.9 | Election of Director: James L. L. Tullis | Management | For | Voted - For |
2. | Ratification of selection of Deloitte & Touche LLP as independent auditors for Crane Co. for 2022. | Management | For | Voted - For |
3. | Say on Pay - An advisory vote to approve the compensation paid to certain executive officers. | Management | For | Voted - For |
4. | Proposal to adopt and approve the Agreement and Plan of Merger by and among Crane Co., Crane Holdings, Co. and Crane Transaction Company, LLC. | Management | For | Voted - For |
3
SouthernSun Small Cap Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
DARLING INGREDIENTS INC.
Security ID: 237266101
Ticker: DAR
Meeting Date: 10-May-22
Meeting Type: Annual
1A. | Election of Director: Randall C. Stuewe | Management | For | Voted - For |
1B. | Election of Director: Charles Adair | Management | For | Voted - For |
1C. | Election of Director: Beth Albright | Management | For | Voted - For |
1D. | Election of Director: Celeste A. Clark | Management | For | Voted - For |
1E. | Election of Director: Linda Goodspeed | Management | For | Voted - For |
1F. | Election of Director: Enderson Guimaraes | Management | For | Voted - For |
1G. | Election of Director: Dirk Kloosterboer | Management | For | Voted - For |
1H. | Election of Director: Mary R. Korby | Management | For | Voted - For |
1I. | Election of Director: Gary W. Mize | Management | For | Voted - For |
1J. | Election of Director: Michael E. Rescoe | Management | For | Voted - For |
2. | Proposal to ratify the selection of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2022. | Management | For | Voted - For |
3. | Advisory vote to approve executive compensation. | Management | For | Voted - For |
DYCOM INDUSTRIES, INC.
Security ID: 267475101
Ticker: DY
Meeting Date: 26-May-22
Meeting Type: Annual
1A. | Election of Director: Eitan Gertel | Management | For | Voted - For |
1B. | Election of Director: Stephen C. Robinson | Management | For | Voted - For |
1C. | Election of Director: Carmen M. Sabater | Management | For | Voted - For |
1D. | Election of Director: Richard K. Sykes | Management | For | Voted - For |
2. | To approve, by non-binding advisory vote, executive compensation. | Management | For | Voted - For |
3. | To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent auditor for fiscal 2023. | Management | For | Voted - For |
4. | To approve an Amendment & Restatement to the Dycom Industries, Inc. 2012 Long- Term Incentive Plan. | Management | For | Voted - For |
FIRST HORIZON CORPORATION
Security ID: 320517105
Ticker: FHN
Meeting Date: 26-Apr-22
Meeting Type: Annual
1A. | Election of Director to serve until the 2023 Annual Meeting of Shareholders: Harry V. Barton, Jr. | Management | For | Voted - For |
1B. | Election of Director to serve until the 2023 Annual Meeting of Shareholders: Kenneth A. Burdick | Management | For | Voted - For |
1C. | Election of Director to serve until the 2023 Annual Meeting of Shareholders: Daryl G. Byrd | Management | For | Voted - For |
1D. | Election of Director to serve until the 2023 Annual Meeting of Shareholders: John N. Casbon | Management | For | Voted - For |
4
SouthernSun Small Cap Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
1E. | Election of Director to serve until the 2023 Annual Meeting of Shareholders: John C. Compton | Management | For | Voted - For |
1F. | Election of Director to serve until the 2023 Annual Meeting of Shareholders: Wendy P. Davidson | Management | For | Voted - For |
1G. | Election of Director to serve until the 2023 Annual Meeting of Shareholders: William H. Fenstermaker | Management | For | Voted - For |
1H. | Election of Director to serve until the 2023 Annual Meeting of Shareholders: D. Bryan Jordan | Management | For | Voted - For |
1I. | Election of Director to serve until the 2023 Annual Meeting of Shareholders: J. Michael Kemp, Sr. | Management | For | Voted - For |
1J. | Election of Director to serve until the 2023 Annual Meeting of Shareholders: Rick E. Maples | Management | For | Voted - For |
1K. | Election of Director to serve until the 2023 Annual Meeting of Shareholders: Vicki R. Palmer | Management | For | Voted - For |
1L. | Election of Director to serve until the 2023 Annual Meeting of Shareholders: Colin V. Reed | Management | For | Voted - For |
1M. | Election of Director to serve until the 2023 Annual Meeting of Shareholders: E. Stewart Shea, III | Management | For | Voted - For |
1N. | Election of Director to serve until the 2023 Annual Meeting of Shareholders: Cecelia D. Stewart | Management | For | Voted - For |
1O. | Election of Director to serve until the 2023 Annual Meeting of Shareholders: Rajesh Subramaniam | Management | For | Voted - For |
1P. | Election of Director to serve until the 2023 Annual Meeting of Shareholders: Rosa Sugrañes | Management | For | Voted - For |
1Q. | Election of Director to serve until the 2023 Annual Meeting of Shareholders: R. Eugene Taylor | Management | For | Voted - For |
2. | Ratification of appointment of KPMG LLP as auditors | Management | For | Voted - For |
3. | Approval of an advisory resolution to approve executive compensation | Management | For | Voted - For |
IDEX CORPORATION
Security ID: 45167R104
Ticker: IEX
Meeting Date: 06-May-22
Meeting Type: Annual
1A. | Election of Class III Director for a term of three years: Livingston L. Satterthwaite | Management | For | Voted - For |
1B. | Election of Class III Director for a term of three years: David C. Parry | Management | For | Voted - For |
1C. | Election of Class III Director for a term of three years: Eric D. Ashleman | Management | For | Voted - For |
1D. | Election of Class II Director for a term of two years: L. Paris Watts-Stanfield | Management | For | Voted - For |
2. | Advisory vote to approve named executive officer compensation. | Management | For | Voted - For |
3. | Ratification of the appointment of Deloitte & Touche LLP as our independent registered accounting firm for 2022. | Management | For | Voted - For |
5
SouthernSun Small Cap Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
MURPHY USA INC.
Security ID: 626755102
Ticker: MUSA
Meeting Date: 05-May-22
Meeting Type: Annual
1A. | Election of Class III Director: R. Madison Murphy | Management | For | Voted - For |
1B. | Election of Class III Director: R. Andrew Clyde | Management | For | Voted - For |
1C. | Election of Class III Director: David B. Miller | Management | For | Voted - For |
1D. | Election of Class III Director: Rosemary L. Turner | Management | For | Voted - For |
2. | Approval of Executive Compensation on an Advisory, Non-Binding Basis. | Management | For | Voted - For |
3. | Determine the Frequency of Stockholder Approval of the Compensation of the Named Executive Officers on an Advisory, Non-Binding Basis. | Management | 1 Year | Voted - 1 Year |
4. | Ratification of Appointment of Independent Registered Public Accounting Firm for Fiscal 2022. | Management | For | Voted - For |
POLARIS INC.
Security ID: 731068102
Ticker: PII
Meeting Date: 28-Apr-22
Meeting Type: Annual
1A. | Election of Class I Director: Bernd F. Kessler | Management | For | Voted - For |
1B. | Election of Class I Director: Lawrence D. Kingsley | Management | For | Voted - For |
1C. | Election of Class I Director: Gwynne E. Shotwell | Management | For | Voted - For |
2. | The ratification of the selection of Ernst & Young LLP as our independent registered public accounting firm for fiscal year 2022 | Management | For | Voted - For |
3. | Advisory vote to approve the compensation of our Named Executive Officers | Management | For | Voted - For |
THE BOSTON BEER COMPANY, INC.
Security ID: 100557107
Ticker: SAM
Meeting Date: 18-May-22
Meeting Type: Annual
1.1 | Director: Meghan V. Joyce | Management | For | Voted - For |
1.2 | Director: Michael Spillane | Management | For | Voted - For |
1.3 | Director: Jean-Michel Valette | Management | For | Voted - For |
2. | Advisory vote to approve our Named Executive Officers' executive compensation. | Management | For | Voted - For |
THE BRINK'S COMPANY
Security ID: 109696104
Ticker: BCO
Meeting Date: 06-May-22
Meeting Type: Annual
1A. | Election of Director: Kathie J. Andrade | Management | For | Voted - For |
1B. | Election of Director: Paul G. Boynton | Management | For | Voted - For |
6
SouthernSun Small Cap Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
1C. | Election of Director: Ian D. Clough | Management | For | Voted - For |
1D. | Election of Director: Susan E. Docherty | Management | For | Voted - For |
1E. | Election of Director: Mark Eubanks | Management | For | Voted - For |
1F. | Election of Director: Michael J. Herling | Management | For | Voted - For |
1G. | Election of Director: A. Louis Parker | Management | For | Voted - For |
1H. | Election of Director: Douglas A. Pertz | Management | For | Voted - For |
1I. | Election of Director: Timothy J. Tynan | Management | For | Voted - For |
2. | Approval of an advisory resolution on named executive officer compensation. | Management | For | Voted - For |
3. | Approval of the selection of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2022. | Management | For | Voted - For |
THE TIMKEN COMPANY
Security ID: 887389104
Ticker: TKR
Meeting Date: 06-May-22
Meeting Type: Annual
1.1 | Director: Maria A. Crowe | Management | For | Voted - For |
1.2 | Director: Elizabeth A. Harrell | Management | For | Voted - For |
1.3 | Director: Richard G. Kyle | Management | For | Voted - For |
1.4 | Director: Sarah C. Lauber | Management | For | Voted - For |
1.5 | Director: John A. Luke, Jr. | Management | For | Voted - For |
1.6 | Director: Christopher L. Mapes | Management | For | Voted - For |
1.7 | Director: James F. Palmer | Management | For | Voted - For |
1.8 | Director: Ajita G. Rajendra | Management | For | Voted - For |
1.9 | Director: Frank C. Sullivan | Management | For | Voted - For |
1.10 | Director: John M. Timken, Jr. | Management | For | Voted - For |
1.11 | Director: Ward J. Timken, Jr. | Management | For | Voted - For |
1.12 | Director: Jacqueline F. Woods | Management | For | Voted - For |
2. | Approval, on an advisory basis, of our named executive officer compensation. | Management | For | Voted - For |
3. | Ratification of the appointment of Ernst & Young LLP as our independent auditor for the fiscal year ending December 31, 2022. | Management | For | Voted - For |
4. | Consideration of a shareholder proposal requesting that our Board take each step necessary so that each voting requirement in our charter and bylaws (that is explicit or implicit due to default to state law) that calls for a greater than simple majority vote be eliminated, and replaced by a requirement for a majority of the votes cast for and against applicable proposals, or a simple majority in compliance with applicable laws. | Shareholder | Against | Voted - Against |
THE WESTERN UNION COMPANY
Security ID: 959802109
Ticker: WU
Meeting Date: 19-May-22
Meeting Type: Annual
1A. | Election of Director: Martin I. Cole | Management | For | Voted - For |
7
SouthernSun Small Cap Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
1B. | Election of Director: Richard A. Goodman | Management | For | Voted - For |
1C. | Election of Director: Betsy D. Holden | Management | For | Voted - For |
1D. | Election of Director: Jeffrey A. Joerres | Management | For | Voted - For |
1E. | Election of Director: Devin B. McGranahan | Management | For | Voted - For |
1F. | Election of Director: Michael A. Miles, Jr. | Management | For | Voted - For |
1G. | Election of Director: Timothy P. Murphy | Management | For | Voted - For |
1H. | Election of Director: Joyce A. Phillips | Management | For | Voted - For |
1I. | Election of Director: Jan Siegmund | Management | For | Voted - For |
1J. | Election of Director: Angela A. Sun | Management | For | Voted - For |
1K. | Election of Director: Solomon D. Trujillo | Management | For | Voted - For |
2. | Advisory Vote to Approve Executive Compensation | Management | For | Voted - For |
3. | Ratification of Selection of Ernst & Young LLP as Independent Registered Public Accounting Firm for 2022 | Management | For | Voted - For |
4. | Stockholder Proposal Regarding Modification to Stockholder Right to Call a Special Meeting | Shareholder | Against | Voted - Against |
THOR INDUSTRIES, INC.
Security ID: 885160101
Ticker: THO
Meeting Date: 17-Dec-21
Meeting Type: Annual
1.1 | Director: Andrew Graves | Management | For | Voted - For |
1.2 | Director: Christina Hennington | Management | For | Voted - For |
1.3 | Director: Amelia A. Huntington | Management | For | Voted - For |
1.4 | Director: Laurel Hurd | Management | For | Voted - For |
1.5 | Director: Wilson Jones | Management | For | Voted - For |
1.6 | Director: William J. Kelley, Jr. | Management | For | Voted - For |
1.7 | Director: Christopher Klein | Management | For | Voted - For |
1.8 | Director: Robert W. Martin | Management | For | Voted - For |
1.9 | Director: Peter B. Orthwein | Management | For | Voted - For |
1.10 | Director: James L. Ziemer | Management | For | Voted - For |
2. | Ratification of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for our Fiscal Year 2022. | Management | For | Voted - For |
3. | Non-binding advisory vote to approve the compensation of our named executive officers (NEOs). | Management | For | Voted - For |
4. | Approval of the Amendment to the THOR Industries, Inc. 2016 Equity and Incentive Plan. | Management | For | Voted - For |
UNIVAR SOLUTIONS INC.
Security ID: 91336L107
Ticker: UNVR
Meeting Date: 05-May-22
Meeting Type: Annual
1A. | Election of Director to serve for a term of one year: Joan A. Braca | Management | For | Voted - For |
1B. | Election of Director to serve for a term of one year: Mark J. Byrne | Management | For | Voted - For |
8
SouthernSun Small Cap Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
1C. | Election of Director to serve for a term of one year: Daniel P. Doheny | Management | For | Voted - For |
1D. | Election of Director to serve for a term of one year: Richard P. Fox | Management | For | Voted - For |
1E. | Election of Director to serve for a term of one year: Rhonda Germany | Management | For | Voted - For |
1F. | Election of Director to serve for a term of one year: David C. Jukes | Management | For | Voted - For |
1G. | Election of Director to serve for a term of one year: Varun Laroyia | Management | For | Voted - For |
1H. | Election of Director to serve for a term of one year: Stephen D. Newlin | Management | For | Voted - For |
1I. | Election of Director to serve for a term of one year: Christopher D. Pappas | Management | For | Voted - For |
1J. | Election of Director to serve for a term of one year: Kerry J. Preete | Management | For | Voted - For |
1K. | Election of Director to serve for a term of one year: Robert L. Wood | Management | For | Voted - For |
2. | Non-binding advisory vote to approve the compensation of the Company's named executive officers. | Management | For | Voted - For |
3. | Non-binding advisory vote on the frequency of future advisory votes on the compensation of the Company's named executive officers. | Management | 1 Year | Voted - 1 Year |
4. | Ratification of Ernst & Young LLP as the Company's independent registered public accounting firm for 2022. | Management | For | Voted - For |
WATSCO, INC.
Security ID: 942622200
Ticker: WSO
Meeting Date: 06-Jun-22
Meeting Type: Annual
1.1 | Director: John A. Macdonald | Management | For | Voted - For |
1.2 | Director: Bob L. Moss | Management | For | Voted - For |
1.3 | Director: Steven (Slava) Rubin | Management | For | Voted - For |
2. | To approve the advisory resolution regarding the compensation of our named executive officers. | Management | For | Voted - For |
3. | To ratify the appointment of KPMG LLP as our independent registered public accounting firm for the 2022 fiscal year. | Management | For | Voted - For |
WESTROCK COMPANY
Security ID: 96145D105
Ticker: WRK
Meeting Date: 28-Jan-22
Meeting Type: Annual
1A. | Election of Director: Colleen F. Arnold | Management | For | Voted - For |
1B. | Election of Director: Timothy J. Bernlohr | Management | For | Voted - For |
1C. | Election of Director: J. Powell Brown | Management | For | Voted - For |
1D. | Election of Director: Terrell K. Crews | Management | For | Voted - For |
9
SouthernSun Small Cap Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
1E. | Election of Director: Russell M. Currey | Management | For | Voted - For |
1F. | Election of Director: Suzan F. Harrison | Management | For | Voted - For |
1G. | Election of Director: Gracia C. Martore | Management | For | Voted - For |
1H. | Election of Director: James E. Nevels | Management | For | Voted - For |
1I. | Election of Director: David B. Sewell | Management | For | Voted - For |
1J. | Election of Director: Alan D. Wilson | Management | For | Voted - For |
2. | Advisory Vote to Approve Executive Compensation. | Management | For | Voted - For |
3. | Approve the Amendment to the WestRock Company 2020 Incentive Stock Plan. | Management | For | Voted - For |
4. | Ratification of Appointment of Ernst & Young LLP. | Management | For | Voted - For |
10
SouthernSun U.S. Equity Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
AGCO CORPORATION
Security ID: 001084102
Ticker: AGCO
Meeting Date: 28-Apr-22
Meeting Type: Annual
1a. | Election of Director: Michael C. Arnold | Management | For | Voted - For |
1b. | Election of Director: Sondra L. Barbour | Management | For | Voted - For |
1c. | Election of Director: Suzanne P. Clark | Management | For | Voted - For |
1d. | Election of Director: Bob De Lange | Management | For | Voted - For |
1e. | Election of Director: Eric P. Hansotia | Management | For | Voted - For |
1f. | Election of Director: George E. Minnich | Management | For | Voted - For |
1g. | Election of Director: Niels Pörksen | Management | For | Voted - For |
1h. | Election of Director: David Sagehorn | Management | For | Voted - For |
1i. | Election of Director: Mallika Srinivasan | Management | For | Voted - For |
1j. | Election of Director: Matthew Tsien | Management | For | Voted - For |
2. | Non-binding advisory resolution to approve the compensation of the company's named executive officers | Management | For | Voted - For |
3. | Ratification of kpmg llp as the company's independent registered public accounting firm for 2022 | Management | For | Voted - For |
BELDEN INC.
Security ID: 077454106
Ticker: BDC
Meeting Date: 25-May-22
Meeting Type: Annual
1A. | Election of Director: David J. Aldrich | Management | For | Voted - For |
1B. | Election of Director: Lance C. Balk | Management | For | Voted - For |
1C. | Election of Director: Steven W. Berglund | Management | For | Voted - For |
1D. | Election of Director: Diane D. Brink | Management | For | Voted - For |
1E. | Election of Director: Judy L. Brown | Management | For | Voted - For |
1F. | Election of Director: Nancy Calderon | Management | For | Voted - For |
1G. | Election of Director: Jonathan C. Klein | Management | For | Voted - For |
1H. | Election of Director: Gregory J. McCray | Management | For | Voted - For |
1I. | Election of Director: Roel Vestjens | Management | For | Voted - For |
2. | Ratification of the appointment of Ernst & Young as the Company's Independent Registered Public Accounting Firm for 2022. | Management | For | Voted - For |
3. | Advisory vote on executive compensation for 2021. | Management | For | Voted - For |
CLEAN HARBORS, INC.
Security ID: 184496107
Ticker: CLH
Meeting Date: 25-May-22
Meeting Type: Annual
1.1 | Director: Andrea Robertson | Management | For | Voted - For |
1.2 | Director: Lauren C. States | Management | For | Voted - For |
11
SouthernSun U.S. Equity Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
1.3 | Director: Robert J. Willett | Management | For | Voted - For |
2. | To approve an advisory vote on the Company's executive compensation. | Management | For | Voted - For |
3. | To ratify the selection by the Audit Committee of the Company's Board of Directors of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the current fiscal year. | Management | For | Voted - For |
CMC MATERIALS, INC.
Security ID: 12571T100
Ticker: CCMP
Meeting Date: 03-Mar-22
Meeting Type: Special
1. | Proposal to adopt the Agreement and Plan of Merger (the "merger agreement"), dated as of December 14, 2021, by and between CMC Materials, Inc. ("CMC"), Entegris, Inc. and Yosemite Merger Sub (as amended from time to time) (the "merger agreement proposal"). | Management | For | Voted - For |
2. | Proposal to approve, on a non-binding, advisory basis, the merger-related compensation that will or may be paid to CMC's named executive officers in connection with the transactions contemplated by the merger agreement (the "compensation proposal"). | Management | For | Voted - For |
3. | Proposal to approve the adjournment of the special meeting to solicit additional proxies if there are not sufficient votes at the time of the special meeting to approve the merger agreement proposal or to ensure that any supplement or amendment to the accompanying proxy statement/prospectus is timely provided to CMC stockholders (the "adjournment proposal"). | Management | For | Voted - For |
CRANE CO.
Security ID: 224399105
Ticker: CR
Meeting Date: 16-May-22
Meeting Type: Annual
1.1 | Election of Director: Martin R. Benante | Management | For | Voted - For |
1.2 | Election of Director: Michael Dinkins | Management | For | Voted - For |
1.3 | Election of Director: Ronald C. Lindsay | Management | For | Voted - For |
1.4 | Election of Director: Ellen McClain | Management | For | Voted - For |
1.5 | Election of Director: Charles G. McClure, Jr. | Management | For | Voted - For |
1.6 | Election of Director: Max H. Mitchell | Management | For | Voted - For |
1.7 | Election of Director: Jennifer M. Pollino | Management | For | Voted - For |
1.8 | Election of Director: John S. Stroup | Management | For | Voted - For |
1.9 | Election of Director: James L. L. Tullis | Management | For | Voted - For |
2. | Ratification of selection of Deloitte & Touche LLP as independent auditors for Crane Co. for 2022. | Management | For | Voted - For |
3. | Say on Pay - An advisory vote to approve the compensation paid to certain executive officers. | Management | For | Voted - For |
12
SouthernSun U.S. Equity Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
4.
Proposal to adopt and approve the Agreement and Plan of Merger by and among Crane Co., Crane Holdings, Co. and Crane Transaction Company, LLC.
Management
For
Voted - For
DARLING INGREDIENTS INC.
Security ID: 237266101
Ticker: DAR
Meeting Date: 10-May-22
Meeting Type: Annual
1A. | Election of Director: Randall C. Stuewe | Management | For | Voted - For |
1B. | Election of Director: Charles Adair | Management | For | Voted - For |
1C. | Election of Director: Beth Albright | Management | For | Voted - For |
1D. | Election of Director: Celeste A. Clark | Management | For | Voted - For |
1E. | Election of Director: Linda Goodspeed | Management | For | Voted - For |
1F. | Election of Director: Enderson Guimaraes | Management | For | Voted - For |
1G. | Election of Director: Dirk Kloosterboer | Management | For | Voted - For |
1H. | Election of Director: Mary R. Korby | Management | For | Voted - For |
1I. | Election of Director: Gary W. Mize | Management | For | Voted - For |
1J. | Election of Director: Michael E. Rescoe | Management | For | Voted - For |
2. | Proposal to ratify the selection of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2022. | Management | For | Voted - For |
3. | Advisory vote to approve executive compensation. | Management | For | Voted - For |
DORMAN PRODUCTS, INC.
Security ID: 258278100
Ticker: DORM
Meeting Date: 25-May-22
Meeting Type: Annual
1A. | Election of Director: Steven L. Berman | Management | For | Voted - For |
1B. | Election of Director: Kevin M. Olsen | Management | For | Voted - For |
1C. | Election of Director: Lisa M. Bachmann | Management | For | Voted - For |
1D. | Election of Director: John J. Gavin | Management | For | Voted - For |
1E. | Election of Director: Richard T. Riley | Management | For | Voted - For |
1F. | Election of Director: Kelly A. Romano | Management | For | Voted - For |
1G. | Election of Director: G. Michael Stakias | Management | For | Voted - For |
1H. | Election of Director: J. Darrell Thomas | Management | For | Voted - For |
2. | Advisory approval of the compensation of the Company's named executive officers. | Management | For | Voted - For |
3. | Ratification of KPMG LLP as the Company's independent registered public accounting firm for the 2022 fiscal year. | Management | For | Voted - For |
DYCOM INDUSTRIES, INC.
Security ID: 267475101
Ticker: DY
Meeting Date: 26-May-22
Meeting Type: Annual
1A. | Election of Director: Eitan Gertel | Management | For | Voted - For |
13
SouthernSun U.S. Equity Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
1B. | Election of Director: Stephen C. Robinson | Management | For | Voted - For |
1C. | Election of Director: Carmen M. Sabater | Management | For | Voted - For |
1D. | Election of Director: Richard K. Sykes | Management | For | Voted - For |
2. | To approve, by non-binding advisory vote, executive compensation. | Management | For | Voted - For |
3. | To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent auditor for fiscal 2023. | Management | For | Voted - For |
4. | To approve an Amendment & Restatement to the Dycom Industries, Inc. 2012 Long- Term Incentive Plan. | Management | For | Voted - For |
ENERPAC TOOL GROUP CORP
Security ID: 292765104
Ticker: EPAC
Meeting Date: 25-Jan-22
Meeting Type: Annual
1.1 | Director: Alfredo Altavilla | Management | For | Voted - For |
1.2 | Director: Judy L. Altmaier | Management | For | Voted - For |
1.3 | Director: J. Palmer Clarkson | Management | For | Voted - For |
1.4 | Director: Danny L. Cunningham | Management | For | Voted - For |
1.5 | Director: E. James Ferland | Management | For | Voted - For |
1.6 | Director: Richard D. Holder | Management | For | Voted - For |
1.7 | Director: Sidney S. Simmons | Management | For | Voted - For |
1.8 | Director: Paul E. Sternlieb | Management | For | Voted - For |
2. | Ratification of Ernst & Young LLP as the Company's independent auditor for the fiscal year ending August 31, 2022. | Management | For | Voted - For |
3. | Advisory vote to approve the compensation of our named executive officers. | Management | For | Voted - For |
HILL-ROM HOLDINGS, INC.
Security ID: 431475102
Ticker: HRC
Meeting Date: 02-Dec-21
Meeting Type: Special
1. | To approve the Agreement and Plan of Merger, dated as of September 1, 2021, by and among Hill-Rom Holdings, Inc. ("Hillrom"), Baxter International Inc. ("Baxter"), and Bel Air Subsidiary, Inc., a direct wholly owned subsidiary of Baxter ("Merger Sub"), as it may be amended from time to time (the "merger agreement"), pursuant to which Merger Sub will be merged with and into Hillrom, with Hillrom surviving the merger as a wholly owned subsidiary of Baxter (the "merger"). | Management | For | Voted - For |
2. | To adjourn the special meeting, if necessary or appropriate, to solicit additional proxies in favor of the proposal to approve the merger agreement if there are not sufficient votes at the time of such adjournment to approve the merger agreement. | Management | For | Voted - For |
3. | To approve, on a non-binding, advisory basis, certain compensation that will or may be paid or become payable to Hillrom's named executive officers that is based on or otherwise relates to the merger. | Management | For | Voted - Against |
14
SouthernSun U.S. Equity Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
INGEVITY CORPORATION
Security ID: 45688C107
Ticker: NGVT
Meeting Date: 27-Apr-22
Meeting Type: Annual
1A. | Election of Director for one year term: Jean S. Blackwell | Management | For | Voted - For |
1B. | Election of Director for one year term: Luis Fernandez-Moreno | Management | For | Voted - For |
1C. | Election of Director for one year term: J. Michael Fitzpatrick | Management | For | Voted - For |
1D. | Election of Director for one year term: John C. Fortson | Management | For | Voted - For |
1E. | Election of Director for one year term: Diane H. Gulyas | Management | For | Voted - For |
1F. | Election of Director for one year term: Frederick J. Lynch | Management | For | Voted - For |
1G. | Election of Director for one year term: Karen G. Narwold | Management | For | Voted - For |
1H. | Election of Director for one year term: Daniel F. Sansone | Management | For | Voted - For |
2. | Ratification of the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for fiscal 2022. | Management | For | Voted - For |
3. | Advisory vote to approve named executive officer compensation. | Management | For | Voted - For |
KOPPERS HOLDINGS INC.
Security ID: 50060P106
Ticker: KOP
Meeting Date: 05-May-22
Meeting Type: Annual
1.1 | Election of Director: Leroy M. Ball | Management | For | Voted - For |
1.2 | Election of Director: Xudong Feng | Management | For | Voted - For |
1.3 | Election of Director: Traci L. Jensen | Management | For | Voted - For |
1.4 | Election of Director: David L. Motley | Management | For | Voted - For |
1.5 | Election of Director: Albert J. Neupaver | Management | For | Voted - For |
1.6 | Election of Director: Louis L. Testoni | Management | For | Voted - For |
1.7 | Election of Director: Stephen R. Tritch | Management | For | Voted - For |
1.8 | Election of Director: Sonja M. Wilkerson | Management | For | Voted - For |
2. | Proposal to approve an advisory resolution on our executive compensation | Management | For | Voted - For |
3. | Proposal to ratify the appointment of kpmg llp as our independent registered public accounting firm for fiscal year 2022 | Management | For | Voted - For |
15
SouthernSun U.S. Equity Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
MALIBU BOATS, INC.
Security ID: 56117J100
Ticker: MBUU
Meeting Date: 03-Nov-21
Meeting Type: Annual
1.1 | Director: James R. Buch | Management | For | Voted - For |
1.2 | Director: Joan M. Lewis | Management | For | Voted - For |
1.3 | Director: Peter E. Murphy | Management | For | Voted - For |
2. | Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2022. | Management | For | Voted - For |
3. | Approval, on a non-binding advisory basis, of the compensation of the Company's named executive officers. | Management | For | Voted - For |
MGP INGREDIENTS, INC.
Security ID: 55303J106
Ticker: MGPI
Meeting Date: 26-May-22
Meeting Type: Annual
1A. | Election of Director: Thomas A. Gerke | Management | For | Voted - For |
1B. | Election of Director: Donn Lux | Management | For | Voted - For |
1C. | Election of Director: Kevin S. Rauckman | Management | For | Voted - For |
1D. | Election of Director: Todd B. Siwak | Management | For | Voted - For |
2. | To ratify the appointment of KPMG LLP as the Company's independent registered public accounting firm. | Management | For | Voted - For |
3. | To adopt an advisory resolution to approve the compensation of our named executive officers. | Management | For | Voted - For |
MURPHY USA INC.
Security ID: 626755102
Ticker: MUSA
Meeting Date: 05-May-22
Meeting Type: Annual
1A. | Election of Class III Director: R. Madison Murphy | Management | For | Voted - For |
1B. | Election of Class III Director: R. Andrew Clyde | Management | For | Voted - For |
1C. | Election of Class III Director: David B. Miller | Management | For | Voted - For |
1D. | Election of Class III Director: Rosemary L. Turner | Management | For | Voted - For |
2. | Approval of Executive Compensation on an Advisory, Non-Binding Basis. | Management | For | Voted - For |
3. | Determine the Frequency of Stockholder Approval of the Compensation of the Named Executive Officers on an Advisory, Non-Binding Basis. | Management | 1 Year | Voted - 1 Year |
4. | Ratification of Appointment of Independent Registered Public Accounting Firm for Fiscal 2022. | Management | For | Voted - For |
16
SouthernSun U.S. Equity Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
POLARIS INC.
Security ID: 731068102
Ticker: PII
Meeting Date: 28-Apr-22
Meeting Type: Annual
1A. | Election of Class I Director: Bernd F. Kessler | Management | For | Voted - For |
1B. | Election of Class I Director: Lawrence D. Kingsley | Management | For | Voted - For |
1C. | Election of Class I Director: Gwynne E. Shotwell | Management | For | Voted - For |
2. | The ratification of the selection of Ernst & Young LLP as our independent registered public accounting firm for fiscal year 2022 | Management | For | Voted - For |
3. | Advisory vote to approve the compensation of our Named Executive Officers | Management | For | Voted - For |
SANDERSON FARMS, INC.
Security ID: 800013104
Ticker: SAFM
Meeting Date: 21-Oct-21
Meeting Type: Special
1. | Proposal to approve the Agreement and Plan of Merger (the "Merger Agreement"), dated as of August 8, 2021, by and among Sanderson Farms, Inc. (the "Company"), Walnut Sycamore Holdings LLC, Sycamore Merger Sub LLC and, solely for purposes of certain provisions specified therein, Wayne Farms LLC. | Management | For | Voted - For |
2. | Proposal to approve, on an advisory (non- binding) basis, the compensation that may be paid or become payable to the Company's named executive officers that is based on or otherwise related to the Merger Agreement and the transactions contemplated by the Merger Agreement. | Management | For | Voted - For |
3. | Proposal to adjourn the special meeting of stockholders of the Company (the "Special Meeting") to a later date or dates if necessary or appropriate to solicit additional proxies if there are insufficient votes to approve Proposal 1 at the time of the Special Meeting. | Management | For | Voted - For |
STEPAN COMPANY
Security ID: 858586100
Ticker: SCL
Meeting Date: 26-Apr-22
Meeting Type: Annual
1.1 | Election of Director: Scott R. Behrens | Management | For | Voted - For |
1.2 | Election of Director: Lorinda A. Burgess | Management | For | Voted - For |
1.3 | Election of Director: Edward J. Wehmer | Management | For | Voted - For |
2. | Advisory vote to approve named executive officer compensation. | Management | For | Voted - For |
3. | Ratify the appointment of Deloitte & Touche LLP as Stepan Company's independent registered public accounting firm for 2022. | Management | For | Voted - For |
17
SouthernSun U.S. Equity Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
4.
Approve the Stepan Company 2022 Equity Incentive Compensation Plan.
Management
For
Voted - For
THE BRINK'S COMPANY
Security ID: 109696104
Ticker: BCO
Meeting Date: 06-May-22
Meeting Type: Annual
1A. | Election of Director: Kathie J. Andrade | Management | For | Voted - For |
1B. | Election of Director: Paul G. Boynton | Management | For | Voted - For |
1C. | Election of Director: Ian D. Clough | Management | For | Voted - For |
1D. | Election of Director: Susan E. Docherty | Management | For | Voted - For |
1E. | Election of Director: Mark Eubanks | Management | For | Voted - For |
1F. | Election of Director: Michael J. Herling | Management | For | Voted - For |
1G. | Election of Director: A. Louis Parker | Management | For | Voted - For |
1H. | Election of Director: Douglas A. Pertz | Management | For | Voted - For |
1I. | Election of Director: Timothy J. Tynan | Management | For | Voted - For |
2. | Approval of an advisory resolution on named executive officer compensation. | Management | For | Voted - For |
3. | Approval of the selection of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2022. | Management | For | Voted - For |
THE TIMKEN COMPANY
Security ID: 887389104
Ticker: TKR
Meeting Date: 06-May-22
Meeting Type: Annual
1.1 | Director: Maria A. Crowe | Management | For | Voted - For |
1.2 | Director: Elizabeth A. Harrell | Management | For | Voted - For |
1.3 | Director: Richard G. Kyle | Management | For | Voted - For |
1.4 | Director: Sarah C. Lauber | Management | For | Voted - For |
1.5 | Director: John A. Luke, Jr. | Management | For | Voted - For |
1.6 | Director: Christopher L. Mapes | Management | For | Voted - For |
1.7 | Director: James F. Palmer | Management | For | Voted - For |
1.8 | Director: Ajita G. Rajendra | Management | For | Voted - For |
1.9 | Director: Frank C. Sullivan | Management | For | Voted - For |
1.10 | Director: John M. Timken, Jr. | Management | For | Voted - For |
1.11 | Director: Ward J. Timken, Jr. | Management | For | Voted - For |
1.12 | Director: Jacqueline F. Woods | Management | For | Voted - For |
2. | Approval, on an advisory basis, of our named executive officer compensation. | Management | For | Voted - For |
3. | Ratification of the appointment of Ernst & Young LLP as our independent auditor for the fiscal year ending December 31, 2022. | Management | For | Voted - For |
4. | Consideration of a shareholder proposal requesting that our Board take each step necessary so that each voting requirement in our charter and bylaws (that is explicit or implicit due to default to state law) that calls for a greater than simple majority vote be eliminated, and replaced by a requirement for a majority of the votes cast for and against applicable proposals, or a simple majority in compliance with applicable laws. | Shareholder | Against | Voted - Against |
18
SouthernSun U.S. Equity Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
THOR INDUSTRIES, INC.
Security ID: 885160101
Ticker: THO
Meeting Date: 17-Dec-21
Meeting Type: Annual
1.1 | Director: Andrew Graves | Management | For | Voted - For |
1.2 | Director: Christina Hennington | Management | For | Voted - For |
1.3 | Director: Amelia A. Huntington | Management | For | Voted - For |
1.4 | Director: Laurel Hurd | Management | For | Voted - For |
1.5 | Director: Wilson Jones | Management | For | Voted - For |
1.6 | Director: William J. Kelley, Jr. | Management | For | Voted - For |
1.7 | Director: Christopher Klein | Management | For | Voted - For |
1.8 | Director: Robert W. Martin | Management | For | Voted - For |
1.9 | Director: Peter B. Orthwein | Management | For | Voted - For |
1.10 | Director: James L. Ziemer | Management | For | Voted - For |
2. | Ratification of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for our Fiscal Year 2022. | Management | For | Voted - For |
3. | Non-binding advisory vote to approve the compensation of our named executive officers (NEOs). | Management | For | Voted - For |
4. | Approval of the Amendment to the THOR Industries, Inc. 2016 Equity and Incentive Plan. | Management | For | Voted - For |
TRAEGER, INC.
Security ID: 89269P103
Ticker: COOK
Meeting Date: 14-Jun-22
Meeting Type: Annual
1.1 | Director: Jeremy Andrus | Management | For | |
1.2 | Director: Wendy A. Beck | Management | For | |
1.3 | Director: Daniel James | Management | For | |
1.4 | Director: Elizabeth C. Lempres | Management | For | |
2. | To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2022. | Management | For | Non-Voting |
UNIVAR SOLUTIONS INC.
Security ID: 91336L107
Ticker: UNVR
Meeting Date: 05-May-22
Meeting Type: Annual
1A. | Election of Director to serve for a term of one year: Joan A. Braca | Management | For | Voted - For |
1B. | Election of Director to serve for a term of one year: Mark J. Byrne | Management | For | Voted - For |
19
SouthernSun U.S. Equity Fund | ||||
Proposal | Proposed by | Mgt. Position | Registrant Voted |
1C. | Election of Director to serve for a term of one year: Daniel P. Doheny | Management | For | Voted - For |
1D. | Election of Director to serve for a term of one year: Richard P. Fox | Management | For | Voted - For |
1E. | Election of Director to serve for a term of one year: Rhonda Germany | Management | For | Voted - For |
1F. | Election of Director to serve for a term of one year: David C. Jukes | Management | For | Voted - For |
1G. | Election of Director to serve for a term of one year: Varun Laroyia | Management | For | Voted - For |
1H. | Election of Director to serve for a term of one year: Stephen D. Newlin | Management | For | Voted - For |
1I. | Election of Director to serve for a term of one year: Christopher D. Pappas | Management | For | Voted - For |
1J. | Election of Director to serve for a term of one year: Kerry J. Preete | Management | For | Voted - For |
1K. | Election of Director to serve for a term of one year: Robert L. Wood | Management | For | Voted - For |
2. | Non-binding advisory vote to approve the compensation of the Company's named executive officers. | Management | For | Voted - For |
3. | Non-binding advisory vote on the frequency of future advisory votes on the compensation of the Company's named executive officers. | Management | 1 Year | Voted - 1 Year |
4. | Ratification of Ernst & Young LLP as the Company's independent registered public accounting firm for 2022. | Management | For | Voted - For |
20
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
The Advisors’ Inner Circle Fund III
By: /s/ Michael Beattie
Michael Beattie
President
Date: August 24, 2022
21