UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT
INVESTMENT COMPANY
Investment Company Act file number 811-22985
SMEAD FUNDS TRUST
(Exact name of registrant as specified in charter)
2777 East Camelback Road, Suite 375
Phoenix, AZ 85016
(Address of principal executive offices) (Zip code)
Cole W. Smead
Smead Capital Management, Inc.
2777 East Camelback Road, Suite 375
Phoenix, AZ 85016
Copy to:
Pamela M. Krill, Esq.
Godfrey & Kahn, S.C.
833 East Michigan Street, Suite 1800
Milwaukee, WI 53202
(Name and address of agent for service)
Registrant’s telephone number, including area code: (877) 807-4122
Date of fiscal year end: November 30
Date of reporting period: July 1, 2022 – June 30, 2023
Item 1. Proxy Voting Record.
Vote Summary
Smead International Value Fund
Vote Summary for Smead International Value Fund
WH SMITH PLC
| ||||||
Security | G8927V149 | Meeting Type | Annual General Meeting | |||
Ticker Symbol | Meeting Date | 18-Jan-2023 | ||||
ISIN | GB00B2PDGW16 | Agenda | 716439472 - Management | |||
Record Date | Holding Recon Date | 16-Jan-2023 | ||||
City / Country | PRIMRO SE STREET / United Kingdom | Vote Deadline | ||||
SEDOL(s) | B2PDGW1 - B3B2CB0 - B91LR25 | Quick Code | ||||
Item |
Proposal |
Proposed by
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Vote |
Management Recommendation
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For/Against Management
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1 | TO RECEIVE THE REPORTS AND ACCOUNTS OF THE DIRECTORS AND AUDITORS FOR THE YEAR ENDED 31 AUGUST 2022 | Management | For | For | For | |||||
2 | TO APPROVE THE DIRECTORS’ REMUNERATION REPORT FOR THE YEAR ENDED 31 AUGUST 2022 | Management | For | For | For | |||||
3 | TO DECLARE A FINAL DIVIDEND OF 9.1P PER SHARE | Management | For | For | For | |||||
4 | TO RE-ELECT KAL ATWAL | Management | For | For | For | |||||
5 | TO ELECT ANNETTE COURT | Management | For | For | For | |||||
6 | TO RE-ELECT CARL COWLING | Management | For | For | For | |||||
7 | TO RE-ELECT NICKY DULIEU | Management | For | For | For | |||||
8 | TO RE-ELECT SIMON EMENY | Management | For | For | For | |||||
9 | TO RE-ELECT ROBERT MOORHEAD | Management | For | For | For | |||||
10 | TO ELECT MARION SEARS | Management | For | For | For | |||||
11 | TO RE-ELECT MAURICE THOMPSON | Management | For | For | For | |||||
12 | TO RE-APPOINT PRICEWATERHOUSECOOPERS LLP AS AUDITORS | Management | For | For | For | |||||
13 | TO AUTHORISE THE AUDIT COMMITTEE OF THE BOARD TO DETERMINE THE AUDITORS’ REMUNERATION | Management | For | For | For | |||||
14 | AUTHORITY TO MAKE POLITICAL DONATIONS | Management | For | For | For | |||||
15 | AUTHORITY TO ALLOT SHARES | Management | For | For | For | |||||
16 | AUTHORITY TO DISAPPLY PRE-EMPTION RIGHTS | Management | For | For | For | |||||
17 | AUTHORITY TO DISAPPLY PRE-EMPTION RIGHTS UP TO A FURTHER 5 PERCENT FOR ACQUISITIONS OR SPECIFIED CAPITAL INVESTMENTS | Management | For | For | For | |||||
18 | AUTHORITY TO MAKE MARKET PURCHASES OF ORDINARY SHARES | Management | For | For | For | |||||
19 | AUTHORITY TO CALL GENERAL MEETINGS(OTHER THAN THE AGM) ON 14 CLEAR DAYS’ NOTICE | Management | For | For | For | |||||
| Page 1 of 7 | 07-Aug-2023 |
Vote Summary
PANDORA A/S
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Security | K7681L102 | Meeting Type | Annual General Meeting | |||
Ticker Symbol | Meeting Date | 16-Mar-2023 | ||||
ISIN | DK0060252690 | Agenda | 716689382 - Management | |||
Record Date | 09-Mar-2023 | Holding Recon Date | 09-Mar-2023 | |||
City / Country | COPENH AGEN / Denmark | Vote Deadline | ||||
SEDOL(s) | B3QKVD4 - B44XTX8 - B4NJCX8 - | Quick Code | ||||
| B4Q8SN4 - BHZLPV2 - BJF2229 | ||||||
Item |
Proposal |
Proposed by
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Vote |
Management Recommendation
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For/Against Management
| |||||
CMMT | VOTING INSTRUCTIONS FOR MOST MEETINGS ARE CAST BY THE REGISTRAR IN ACCORDANCE-WITH YOUR VOTING INSTRUCTIONS. FOR THE SMALL NUMBER OF MEETINGS WHERE THERE-IS NO REGISTRAR, YOUR VOTING INSTRUCTIONS WILL BE CAST BY THE CHAIRMAN OF THE-BOARD (OR A BOARD MEMBER) AS PROXY. THE CHAIRMAN (OR A BOARD MEMBER) MAY-CHOOSE TO ONLY CAST PRO-MANAGEMENT VOTING INSTRUCTIONS. TO GUARANTEE YOUR-VOTING INSTRUCTIONS AGAINST MANAGEMENT ARE CAST, YOU MAY SUBMIT A REQUEST TO-ATTEND THE MEETING IN PERSON. THE SUB CUSTODIAN BANKS OFFER REPRESENTATION-SERVICES FOR AN ADDED FEE, IF REQUESTED | Non-Voting | ||||||||
CMMT | SPLIT AND PARTIAL VOTING IS NOT AUTHORIZED FOR A BENEFICIAL OWNER IN THE-DANISH MARKET | Non-Voting | ||||||||
CMMT | VOTING MUST BE LODGED WITH SHAREHOLDER DETAILS AS PROVIDED BY YOUR CUSTODIAN-BANK. IF NO SHAREHOLDER DETAILS ARE PROVIDED, YOUR INSTRUCTIONS MAY BE-REJECTED | Non-Voting | ||||||||
1 | THE BOARD OF DIRECTORS (THE BOARD) REPORT ON THE COMPANY’S ACTIVITIES DURING-THE PAST FINANCIAL YEAR | Non-Voting | ||||||||
2 | ADOPTION OF THE AUDITED 2022 ANNUAL REPORT | Management | For | For | For | |||||
3 | PRESENTATION OF THE 2022 REMUNERATION REPORT (ADVISORY VOTE ONLY) | Management | For | For | For | |||||
4 | ADOPTION OF PROPOSAL ON THE BOARDS REMUNERATION FOR 2023 | Management | For | For | For | |||||
| Page 2 of 7 | 07-Aug-2023 |
Vote Summary
5 | PROPOSED DISTRIBUTION OF PROFIT AS RECORDED IN THE ADOPTED 2022 ANNUAL REPORT, INCLUDING THE PROPOSED AMOUNT OF DIVIDEND TO BE DISTRIBUTED OR PROPOSAL TO COVER ANY LOSS | Management | For | For | For | |||||
6.1 | ELECTION OF MEMBER TO THE BOARD: PETER A. RUZICKA (CHAIR) | Management | For | For | For | |||||
6.2 | ELECTION OF MEMBER TO THE BOARD: CHRISTIAN FRIGAST (DEPUTY CHAIR) | Management | For | For | For | |||||
6.3 | ELECTION OF MEMBER TO THE BOARD: BIRGITTA STYMNE GORANSSON | Management | For | For | For | |||||
6.4 | ELECTION OF MEMBER TO THE BOARD: MARIANNE KIRKEGAARD | Management | For | For | For | |||||
6.5 | ELECTION OF MEMBER TO THE BOARD: CATHERINE SPINDLER | Management | For | For | For | |||||
6.6 | ELECTION OF MEMBER TO THE BOARD: JAN ZIJDERVELD | Management | For | For | For | |||||
6.7 | ELECTION OF MEMBER TO THE BOARD: LILIAN FOSSUM BINER | Management | For | For | For | |||||
7.1 | ELECTION OF AUDITOR: RE-ELECTION OF EY GODKENDT REVISIONSPARTNERSELSKAB | Management | For | For | For | |||||
8 | RESOLUTION ON THE DISCHARGE FROM LIABILITY OF THE BOARD AND EXECUTIVE MANAGEMENT | Management | For | For | For | |||||
9.1 | ANY PROPOSAL BY THE BOARD AND/OR SHAREHOLDERS. THE BOARD HAS SUBMITTED THE FOLLOWING PROPOSALS: REDUCTION OF THE COMPANY’S SHARE CAPITAL | Management | For | For | For | |||||
9.2 | ANY PROPOSAL BY THE BOARD AND/OR SHAREHOLDERS. THE BOARD HAS SUBMITTED THE FOLLOWING PROPOSALS: AUTHORISATION TO THE BOARD TO LET THE COMPANY BUY BACK OWN SHARES | Management | For | For | For | |||||
9.3 | ANY PROPOSAL BY THE BOARD AND/OR SHAREHOLDERS. THE BOARD HAS SUBMITTED THE FOLLOWING PROPOSALS: AUTHORISATION TO THE CHAIR OF THE MEETING | Management | For | For | For | |||||
10 | ANY OTHER BUSINESS | Non-Voting | ||||||||
CMMT | INTERMEDIARY CLIENTS ONLY - PLEASE NOTE THAT IF YOU ARE CLASSIFIED AS AN-INTERMEDIARY CLIENT UNDER THE SHAREHOLDER RIGHTS DIRECTIVE II, YOU SHOULD BE-PROVIDING THE UNDERLYING SHAREHOLDER INFORMATION AT THE | Non-Voting | ||||||||
| Page 3 of 7 | 07-Aug-2023 |
Vote Summary
| VOTE INSTRUCTION-LEVEL. IF YOU ARE UNSURE ON HOW TO PROVIDE THIS LEVEL OF DATA TO BROADRIDGE-OUTSIDE OF PROXYEDGE, PLEASE SPEAK TO YOUR DEDICATED CLIENT SERVICE-REPRESENTATIVE FOR ASSISTANCE | ||||||||||
CMMT | 20 FEB 2023: PLEASE NOTE THAT SHAREHOLDERS ARE ALLOWED TO VOTE ‘IN FAVOR’ OR-‘ABSTAIN’ ONLY FOR RESOLUTION NUMBERS 6.1 TO 6.7 AND 7. THANK YOU. | Non-Voting | ||||||||
CMMT | 20 FEB 2023: PLEASE NOTE THAT THIS IS A REVISION DUE TO ADDITION OF COMMENTS.-IF YOU HAVE ALREADY SENT IN YOUR VOTES, PLEASE DO NOT VOTE AGAIN UNLESS YOU-DECIDE TO AMEND YOUR ORIGINAL INSTRUCTIONS. THANK YOU | Non-Voting | ||||||||
CMMT | 20 FEB 2023: PLEASE NOTE THAT IF YOU HOLD CREST DEPOSITORY INTERESTS (CDIS)-AND PARTICIPATE AT THIS MEETING, YOU (OR YOUR CREST SPONSORED-MEMBER/CUSTODIAN) WILL BE REQUIRED TO INSTRUCT A TRANSFER OF THE RELEVANT-CDIS TO THE ESCROW ACCOUNT SPECIFIED IN THE ASSOCIATED CORPORATE EVENT IN THE-CREST SYSTEM. THIS TRANSFER WILL NEED TO BE COMPLETED BY THE SPECIFIED CREST-SYSTEM DEADLINE. ONCE THIS TRANSFER HAS SETTLED, THE CDIS WILL BE BLOCKED IN-THE CREST SYSTEM. THE CDIS WILL TYPICALLY BE RELEASED FROM ESCROW AS SOON AS-PRACTICABLE ON RECORD DATE +1 DAY (OR ON MEETING DATE +1 DAY IF NO RECORD-DATE APPLIES) UNLESS OTHERWISE SPECIFIED, AND ONLY AFTER THE AGENT HAS-CONFIRMED AVAILABILITY OF THE POSITION. IN ORDER FOR A VOTE TO BE ACCEPTED,-THE VOTED POSITION MUST BE BLOCKED IN THE REQUIRED ESCROW ACCOUNT IN THE-CREST SYSTEM. BY VOTING ON THIS MEETING, YOUR CREST SPONSORED-MEMBER/CUSTODIAN MAY USE YOUR VOTE INSTRUCTION AS THE AUTHORIZATION TO TAKE-THE NECESSARY ACTION WHICH WILL INCLUDE TRANSFERRING YOUR INSTRUCTED POSITION-TO ESCROW. | Non-Voting | ||||||||
| Page 4 of 7 | 07-Aug-2023 |
Vote Summary
| PLEASE CONTACT YOUR CREST SPONSORED MEMBER/CUSTODIAN DIRECTLY FOR-FURTHER INFORMATION ON THE CUSTODY PROCESS AND WHETHER OR NOT THEY REQUIRE-SEPARATE INSTRUCTIONS FROM YOU | ||||||||||
CMMT | 20 FEB 2023: PLEASE NOTE SHARE BLOCKING WILL APPLY FOR ANY VOTED POSITIONS-SETTLING THROUGH EUROCLEAR BANK. | Non-Voting | ||||||||
| Page 5 of 7 | 07-Aug-2023 |
Vote Summary
BAWAG GROUP AG
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Security | A0997C107 | Meeting Type | Ordinary General Meeting | |||
Ticker Symbol | Meeting Date | 31-Mar-2023 | ||||
ISIN | AT0000BAWAG2 | Agenda | 716742879 - Management | |||
Record Date | 21-Mar-2023 | Holding Recon Date | 21-Mar-2023 | |||
City / Country | TBD / Austria | Vote Deadline | ||||
SEDOL(s) | BDBRCT3 - BF429W1 - BF7L624 - BMCDQ80 - BZ1GZ06 | Quick Code | ||||
Item |
Proposal |
Proposed by
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Vote |
Management Recommendation
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For/Against Management
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CMMT | VOTING MUST BE LODGED WITH BENEFICIAL OWNER DETAILS AS PROVIDED BY YOUR-CUSTODIAN BANK. | Non-Voting | ||||||||
CMMT | VOTING MUST BE LODGED WITH SHAREHOLDER DETAILS AS PROVIDED BY YOUR CUSTODIAN-BANK. IF NO SHAREHOLDER DETAILS ARE PROVIDED, YOUR INSTRUCTIONS MAY BE-REJECTED. | Non-Voting | ||||||||
1 | PRESENTATION OF ANNUAL REPORTS | Non-Voting | ||||||||
2 | APPROVAL OF USAGE OF EARNINGS | Management | For | For | For | |||||
3 | DISCHARGE OF MANAGEMENT BOARD | Management | For | For | For | |||||
4 | DISCHARGE OF SUPERVISORY BOARD | Management | For | For | For | |||||
5 | ELECTION OF EXTERNAL AUDITOR: RATIFY KPMG AUSTRIA GMBH | Management | For | For | For | |||||
6 | APPROVAL REMUNERATION REPORT | Management | For | For | For | |||||
7 | APPROVAL OF BUYBACK OF OWN SHARES | Management | For | For | For | |||||
8 | AMENDMENT OF ARTICLES PAR.10 | Management | For | For | For | |||||
CMMT | 14 MAR 2023: PLEASE NOTE THAT THIS IS A REVISION DUE TO MODIFICATION OF TEXT-IN RESOLUTION 5. IF YOU HAVE ALREADY SENT IN YOUR VOTES, PLEASE DO NOT VOTE-AGAIN UNLESS YOU DECIDE TO AMEND YOUR ORIGINAL INSTRUCTIONS. THANK YOU. | Non-Voting | ||||||||
| Page 6 of 7 | 07-Aug-2023 |
Vote Summary
OCCIDENTAL PETROLEUM CORPORATION
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Security | 674599105 | Meeting Type | Annual | |||
Ticker Symbol | OXY | Meeting Date | 05-May-2023 | |||
ISIN | US6745991058 | Agenda | 935786713 - Management | |||
Record Date | 10-Mar-2023 | Holding Recon Date | 10-Mar-2023 | |||
City / Country | / United States | Vote Deadline | 04-May-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
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Vote |
Management Recommendation
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For/Against Management
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1a. | Election of Director: Vicky A. Bailey | Management | For | For | For | |||||
1b. | Election of Director: Andrew Gould | Management | For | For | For | |||||
1c. | Election of Director: Carlos M. Gutierrez | Management | For | For | For | |||||
1d. | Election of Director: Vicki Hollub | Management | For | For | For | |||||
1e. | Election of Director: William R. Klesse | Management | For | For | For | |||||
1f. | Election of Director: Jack B. Moore | Management | For | For | For | |||||
1g. | Election of Director: Claire O’Neill | Management | For | For | For | |||||
1h. | Election of Director: Avedick B. Poladian | Management | For | For | For | |||||
1i. | Election of Director: Ken Robinson | Management | For | For | For | |||||
1j. | Election of Director: Robert M. Shearer | Management | For | For | For | |||||
2. | Advisory Vote on the Frequency of Future Advisory Votes to Approve Named Executive Officer Compensation. | Management | 1 Year | 1 Year | For | |||||
3. | Advisory Vote to Approve Named Executive Officer Compensation. | Management | For | For | For | |||||
4. | Ratification of Selection of KPMG as Occidental’s Independent Auditor. | Management | For | For | For | |||||
5. | Shareholder Proposal Requesting an Independent Board Chairman Policy. | Shareholder | Against | Against | For | |||||
| Page 7 of 7 | 07-Aug-2023 |
Vote Summary
Smead Value Fund
Vote Summary for Smead Value Fund
D.R. HORTON, INC.
| ||||||
Security | 23331A109 | Meeting Type | Annual | |||
Ticker Symbol | DHI | Meeting Date | 18-Jan-2023 | |||
ISIN | US23331A1097 | Agenda | 935751265 - Management | |||
Record Date | 30-Nov-2022 | Holding Recon Date | 30-Nov-2022 | |||
City / Country | / United States | Vote Deadline | 17-Jan-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
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Vote |
Management Recommendation
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For/Against Management
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1a. | Election of Director: Donald R. Horton | Management | For | For | For | |||||
1b. | Election of Director: Barbara K. Allen | Management | For | For | For | |||||
1c. | Election of Director: Brad S. Anderson | Management | For | For | For | |||||
1d. | Election of Director: Michael R. Buchanan | Management | For | For | For | |||||
1e. | Election of Director: Benjamin S. Carson, Sr. | Management | For | For | For | |||||
1f. | Election of Director: Maribess L. Miller | Management | For | For | For | |||||
2. | Approval of the advisory resolution on executive compensation. | Management | For | For | For | |||||
3. | Ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm. | Management | For | For | For | |||||
| Page 1 of 24 | 07-Aug-2023 |
Vote Summary
QUALCOMM INCORPORATED
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Security | 747525103 | Meeting Type | Annual | |||
Ticker Symbol | QCOM | Meeting Date | 08-Mar-2023 | |||
ISIN | US7475251036 | Agenda | 935757281 - Management | |||
Record Date | 09-Jan-2023 | Holding Recon Date | 09-Jan-2023 | |||
City / Country | / United States | Vote Deadline | 07-Mar-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
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Vote |
Management Recommendation
|
For/Against Management
| |||||
1a. | Election of Director to hold office until the next annual meeting of stockholders: Sylvia Acevedo | Management | For | For | For | |||||
1b. | Election of Director to hold office until the next annual meeting of stockholders: Cristiano R. Amon | Management | For | For | For | |||||
1c. | Election of Director to hold office until the next annual meeting of stockholders: Mark Fields | Management | For | For | For | |||||
1d. | Election of Director to hold office until the next annual meeting of stockholders: Jeffrey W. Henderson | Management | For | For | For | |||||
1e. | Election of Director to hold office until the next annual meeting of stockholders: Gregory N. Johnson | Management | For | For | For | |||||
1f. | Election of Director to hold office until the next annual meeting of stockholders: Ann M. Livermore | Management | For | For | For | |||||
1g. | Election of Director to hold office until the next annual meeting of stockholders: Mark D. McLaughlin | Management | For | For | For | |||||
1h. | Election of Director to hold office until the next annual meeting of stockholders: Jamie S. Miller | Management | For | For | For | |||||
1i. | Election of Director to hold office until the next annual meeting of stockholders: Irene B. Rosenfeld | Management | For | For | For | |||||
1j. | Election of Director to hold office until the next annual meeting of stockholders: Kornelis (Neil) Smit | Management | For | For | For | |||||
1k. | Election of Director to hold office until the next annual meeting of stockholders: Jean- Pascal Tricoire | Management | For | For | For | |||||
1l. | Election of Director to hold office until the next annual meeting of stockholders: Anthony J. Vinciquerra | Management | For | For | For | |||||
2. | Ratification of the selection of PricewaterhouseCoopers LLP as our independent public accountants for our fiscal year ending September 24, 2023. | Management | For | For | For | |||||
| Page 2 of 24 | 07-Aug-2023 |
Vote Summary
3. | Approval of the QUALCOMM Incorporated 2023 Long-Term Incentive Plan. | Management | For | For | For | |||||
4. | Approval, on an advisory basis, of the compensation of our named executive officers. | Management | For | For | For | |||||
| Page 3 of 24 | 07-Aug-2023 |
Vote Summary
LENNAR CORPORATION
| ||||||
Security | 526057104 | Meeting Type | Annual | |||
Ticker Symbol | LEN | Meeting Date | 12-Apr-2023 | |||
ISIN | US5260571048 | Agenda | 935769159 - Management | |||
Record Date | 15-Feb-2023 | Holding Recon Date | 15-Feb-2023 | |||
City / Country | / United States | Vote Deadline | 11-Apr-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
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Vote |
Management Recommendation
|
For/Against Management
| |||||
1a. | Election of Director to serve until the 2024 Annual Meeting of Stockholders: Amy Banse | Management | For | For | For | |||||
1b. | Election of Director to serve until the 2024 Annual Meeting of Stockholders: Rick Beckwitt | Management | For | For | For | |||||
1c. | Election of Director to serve until the 2024 Annual Meeting of Stockholders: Tig Gilliam | Management | For | For | For | |||||
1d. | Election of Director to serve until the 2024 Annual Meeting of Stockholders: Sherrill W. Hudson | Management | For | For | For | |||||
1e. | Election of Director to serve until the 2024 Annual Meeting of Stockholders: Jonathan M. Jaffe | Management | For | For | For | |||||
1f. | Election of Director to serve until the 2024 Annual Meeting of Stockholders: Sidney Lapidus | Management | For | For | For | |||||
1g. | Election of Director to serve until the 2024 Annual Meeting of Stockholders: Teri P. McClure | Management | For | For | For | |||||
1h. | Election of Director to serve until the 2024 Annual Meeting of Stockholders: Stuart Miller | Management | For | For | For | |||||
1i. | Election of Director to serve until the 2024 Annual Meeting of Stockholders: Armando Olivera | Management | For | For | For | |||||
1j. | Election of Director to serve until the 2024 Annual Meeting of Stockholders: Jeffrey Sonnenfeld | Management | For | For | For | |||||
2. | Approval, on an advisory basis, of the compensation of our named executive officers. | Management | For | For | For | |||||
3. | Approval, on an advisory basis, of the frequency of the stockholder vote on the compensation of our named executive officers. | Management | 1 Year | 1 Year | For | |||||
4. | Ratification of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for our fiscal year ending November 30, 2023. | Management | For | For | For | |||||
5. | Vote on a stockholder proposal regarding the elimination of our dual-class common stock voting structure. | Shareholder | For | Against | Against | |||||
| Page 4 of 24 | 07-Aug-2023 |
Vote Summary
BANK OF AMERICA CORPORATION
| ||||||
Security | 060505104 | Meeting Type | Annual | |||
Ticker Symbol | BAC | Meeting Date | 25-Apr-2023 | |||
ISIN | US0605051046 | Agenda | 935779782 - Management | |||
Record Date | 01-Mar-2023 | Holding Recon Date | 01-Mar-2023 | |||
City / Country | / United States | Vote Deadline | 24-Apr-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
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Vote |
Management Recommendation
|
For/Against Management
| |||||
1a. | Election of Director: Sharon L. Allen | Management | For | For | For | |||||
1b. | Election of Director: José (Joe) E. Almeida | Management | For | For | For | |||||
1c. | Election of Director: Frank P. Bramble, Sr. | Management | For | For | For | |||||
1d. | Election of Director: Pierre J. P. de Weck | Management | For | For | For | |||||
1e. | Election of Director: Arnold W. Donald | Management | For | For | For | |||||
1f. | Election of Director: Linda P. Hudson | Management | For | For | For | |||||
1g. | Election of Director: Monica C. Lozano | Management | For | For | For | |||||
1h. | Election of Director: Brian T. Moynihan | Management | For | For | For | |||||
1i. | Election of Director: Lionel L. Nowell III | Management | For | For | For | |||||
1j. | Election of Director: Denise L. Ramos | Management | For | For | For | |||||
1k. | Election of Director: Clayton S. Rose | Management | For | For | For | |||||
1l. | Election of Director: Michael D. White | Management | For | For | For | |||||
1m. | Election of Director: Thomas D. Woods | Management | For | For | For | |||||
1n. | Election of Director: Maria T. Zuber | Management | For | For | For | |||||
2. | Approving our executive compensation (an advisory, non-binding “Say on Pay” resolution) | Management | For | For | For | |||||
3. | A vote on the frequency of future “Say on Pay” resolutions (an advisory, non-binding “Say on Frequency” resolution) | Management | 1 Year | 1 Year | For | |||||
4. | Ratifying the appointment of our independent registered public accounting firm for 2023 | Management | For | For | For | |||||
5. | Amending and restating the Bank of America Corporation Equity Plan | Management | For | For | For | |||||
6. | Shareholder proposal requesting an independent board chair | Shareholder | For | Against | Against | |||||
7. | Shareholder proposal requesting shareholder ratification of termination pay | Shareholder | For | Against | Against | |||||
8. | Shareholder proposal requesting greenhouse gas reduction targets | Shareholder | For | Against | Against | |||||
9. | Shareholder proposal requesting report on transition planning | Shareholder | For | Against | Against | |||||
| Page 5 of 24 | 07-Aug-2023 |
Vote Summary
10. | Shareholder proposal requesting adoption of policy to cease financing new fossil fuel supplies | Shareholder | For | Against | Against | |||||
11. | Shareholder proposal requesting a racial equity audit | Shareholder | For | Against | Against | |||||
| Page 6 of 24 | 07-Aug-2023 |
Vote Summary
PFIZER INC.
| ||||||
Security | 717081103 | Meeting Type | Annual | |||
Ticker Symbol | PFE | Meeting Date | 27-Apr-2023 | |||
ISIN | US7170811035 | Agenda | 935778451 - Management | |||
Record Date | 01-Mar-2023 | Holding Recon Date | 01-Mar-2023 | |||
City / Country | / United States | Vote Deadline | 26-Apr-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
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Vote |
Management Recommendation
|
For/Against Management
| |||||
1a. | Election of Director: Ronald E. Blaylock | Management | For | For | For | |||||
1b. | Election of Director: Albert Bourla | Management | For | For | For | |||||
1c. | Election of Director: Susan Desmond- Hellmann | Management | For | For | For | |||||
1d. | Election of Director: Joseph J. Echevarria | Management | For | For | For | |||||
1e. | Election of Director: Scott Gottlieb | Management | For | For | For | |||||
1f. | Election of Director: Helen H. Hobbs | Management | For | For | For | |||||
1g. | Election of Director: Susan Hockfield | Management | For | For | For | |||||
1h. | Election of Director: Dan R. Littman | Management | For | For | For | |||||
1i. | Election of Director: Shantanu Narayen | Management | For | For | For | |||||
1j. | Election of Director: Suzanne Nora Johnson | Management | For | For | For | |||||
1k. | Election of Director: James Quincey | Management | For | For | For | |||||
1l. | Election of Director: James C. Smith | Management | For | For | For | |||||
2. | Ratify the selection of KPMG LLP as independent registered public accounting firm for 2023 | Management | For | For | For | |||||
3. | 2023 advisory approval of executive compensation | Management | For | For | For | |||||
4. | Advisory vote on frequency of future advisory votes to approve executive compensation | Management | 1 Year | 1 Year | For | |||||
5. | Shareholder proposal regarding ratification of termination pay | Shareholder | Against | Against | For | |||||
6. | Shareholder proposal regarding independent board chairman policy | Shareholder | Against | Against | For | |||||
7. | Shareholder proposal regarding transfer of intellectual property to potential COVID-19 manufacturers feasibility report | Shareholder | Against | Against | For | |||||
8. | Shareholder proposal regarding impact of extended patent exclusivities on product access report | Shareholder | Against | Against | For | |||||
9. | Shareholder proposal regarding political contributions congruency report | Shareholder | Against | Against | For | |||||
| Page 7 of 24 | 07-Aug-2023 |
Vote Summary
PFIZER INC.
| ||||||
Security | 717081103 | Meeting Type | Annual | |||
Ticker Symbol | PFE | Meeting Date | 27-Apr-2023 | |||
ISIN | US7170811035 | Agenda | 935778451 - Management | |||
Record Date | 01-Mar-2023 | Holding Recon Date | 01-Mar-2023 | |||
City / Country | / United States | Vote Deadline | 26-Apr-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
|
Vote |
Management Recommendation
|
For/Against Management
| |||||
1a. | Election of Director: Ronald E. Blaylock | Management | For | For | For | |||||
1b. | Election of Director: Albert Bourla | Management | For | For | For | |||||
1c. | Election of Director: Susan Desmond- Hellmann | Management | For | For | For | |||||
1d. | Election of Director: Joseph J. Echevarria | Management | For | For | For | |||||
1e. | Election of Director: Scott Gottlieb | Management | For | For | For | |||||
1f. | Election of Director: Helen H. Hobbs | Management | For | For | For | |||||
1g. | Election of Director: Susan Hockfield | Management | For | For | For | |||||
1h. | Election of Director: Dan R. Littman | Management | For | For | For | |||||
1i. | Election of Director: Shantanu Narayen | Management | For | For | For | |||||
1j. | Election of Director: Suzanne Nora Johnson | Management | For | For | For | |||||
1k. | Election of Director: James Quincey | Management | For | For | For | |||||
1l. | Election of Director: James C. Smith | Management | For | For | For | |||||
2. | Ratify the selection of KPMG LLP as independent registered public accounting firm for 2023 | Management | For | For | For | |||||
3. | 2023 advisory approval of executive compensation | Management | For | For | For | |||||
4. | Advisory vote on frequency of future advisory votes to approve executive compensation | Management | 1 Year | 1 Year | For | |||||
5. | Shareholder proposal regarding ratification of termination pay | Shareholder | For | Against | Against | |||||
6. | Shareholder proposal regarding independent board chairman policy | Shareholder | For | Against | Against | |||||
7. | Shareholder proposal regarding transfer of intellectual property to potential COVID-19 manufacturers feasibility report | Shareholder | For | Against | Against | |||||
8. | Shareholder proposal regarding impact of extended patent exclusivities on product access report | Shareholder | For | Against | Against | |||||
9. | Shareholder proposal regarding political contributions congruency report | Shareholder | For | Against | Against | |||||
| Page 8 of 24 | 07-Aug-2023 |
Vote Summary
NVR, INC.
| ||||||
Security | 62944T105 | Meeting Type | Annual | |||
Ticker Symbol | NVR | Meeting Date | 02-May-2023 | |||
ISIN | US62944T1051 | Agenda | 935775037 - Management | |||
Record Date | 01-Mar-2023 | Holding Recon Date | 01-Mar-2023 | |||
City / Country | / United States | Vote Deadline | 01-May-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
|
Vote |
Management Recommendation
|
For/Against Management
| |||||
1a. | Election of Director: Paul C. Saville | Management | For | For | For | |||||
1b. | Election of Director: C.E. Andrews | Management | For | For | For | |||||
1c. | Election of Director: Sallie B. Bailey | Management | For | For | For | |||||
1d. | Election of Director: Thomas D. Eckert | Management | For | For | For | |||||
1e. | Election of Director: Alfred E. Festa | Management | For | For | For | |||||
1f. | Election of Director: Alexandra A. Jung | Management | For | For | For | |||||
1g. | Election of Director: Mel Martinez | Management | For | For | For | |||||
1h. | Election of Director: David A. Preiser | Management | For | For | For | |||||
1i. | Election of Director: W. Grady Rosier | Management | For | For | For | |||||
1j. | Election of Director: Susan Williamson Ross | Management | For | For | For | |||||
2. | Ratification of appointment of KPMG LLP as independent auditor for the year ending December 31, 2023. | Management | For | For | For | |||||
3. | Advisory vote to approve executive compensation. | Management | For | For | For | |||||
4. | Advisory vote on the frequency of shareholder votes on executive compensation. | Management | 1 Year | 1 Year | For | |||||
| Page 9 of 24 | 07-Aug-2023 |
Vote Summary
OVINTIV INC.
| ||||||
Security | 69047Q102 | Meeting Type | Annual | |||
Ticker Symbol | OVV | Meeting Date | 03-May-2023 | |||
ISIN | US69047Q1022 | Agenda | 935790471 - Management | |||
Record Date | 07-Mar-2023 | Holding Recon Date | 07-Mar-2023 | |||
City / Country | / United States | Vote Deadline Date | 02-May-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
|
Vote |
Management Recommendation
|
For/Against Management
| |||||
1a. | Election of Director: Peter A. Dea | Management | For | For | For | |||||
1b. | Election of Director: Meg A. Gentle | Management | For | For | For | |||||
1c. | Election of Director: Ralph Izzo | Management | For | For | For | |||||
1d. | Election of Director: Howard J. Mayson | Management | For | For | For | |||||
1e. | Election of Director: Brendan M. McCracken | Management | For | For | For | |||||
1f. | Election of Director: Lee A. McIntire | Management | For | For | For | |||||
1g. | Election of Director: Katherine L. Minyard | Management | For | For | For | |||||
1h. | Election of Director: Steven W. Nance | Management | For | For | For | |||||
1i. | Election of Director: Suzanne P. Nimocks | Management | For | For | For | |||||
1j. | Election of Director: George L. Pita | Management | For | For | For | |||||
1k. | Election of Director: Thomas G. Ricks | Management | For | For | For | |||||
1l. | Election of Director: Brian G. Shaw | Management | For | For | For | |||||
2. | Advisory Vote to Approve Compensation of Named Executive Officers | Management | For | For | For | |||||
3. | Advisory Vote on the Frequency of Future Votes to Approve the Compensation of Named Executive Officers | Management | 1 Year | 1 Year | For | |||||
4. | Ratify PricewaterhouseCoopers LLP as Independent Auditors | Management | For | For | For | |||||
| Page 10 of 24 | 07-Aug-2023 |
Vote Summary
OCCIDENTAL PETROLEUM CORPORATION
| ||||||
Security | 674599105 | Meeting Type | Annual | |||
Ticker Symbol | OXY | Meeting Date | 05-May-2023 | |||
ISIN | US6745991058 | Agenda | 935786713 - Management | |||
Record Date | 10-Mar-2023 | Holding Recon Date | 10-Mar-2023 | |||
City / Country | / United States | Vote Deadline | 04-May-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
|
Vote |
Management Recommendation
|
For/Against Management
| |||||
1a. | Election of Director: Vicky A. Bailey | Management | For | For | For | |||||
1b. | Election of Director: Andrew Gould | Management | For | For | For | |||||
1c. | Election of Director: Carlos M. Gutierrez | Management | For | For | For | |||||
1d. | Election of Director: Vicki Hollub | Management | For | For | For | |||||
1e. | Election of Director: William R. Klesse | Management | For | For | For | |||||
1f. | Election of Director: Jack B. Moore | Management | For | For | For | |||||
1g. | Election of Director: Claire O’Neill | Management | For | For | For | |||||
1h. | Election of Director: Avedick B. Poladian | Management | For | For | For | |||||
1i. | Election of Director: Ken Robinson | Management | For | For | For | |||||
1j. | Election of Director: Robert M. Shearer | Management | For | For | For | |||||
2. | Advisory Vote on the Frequency of Future Advisory Votes to Approve Named Executive Officer Compensation. | Management | 1 Year | 1 Year | For | |||||
3. | Advisory Vote to Approve Named Executive Officer Compensation. | Management | For | For | For | |||||
4. | Ratification of Selection of KPMG as Occidental’s Independent Auditor. | Management | For | For | For | |||||
5. | Shareholder Proposal Requesting an Independent Board Chairman Policy. | Shareholder | Against | Against | For | |||||
| Page 11 of 24 | 07-Aug-2023 |
Vote Summary
BERKSHIRE HATHAWAY INC.
| ||||||
Security | 084670702 | Meeting Type | Annual | |||
Ticker Symbol | BRKB | Meeting Date | 06-May-2023 | |||
ISIN | US0846707026 | Agenda | 935785418 - Management | |||
Record Date | 08-Mar-2023 | Holding Recon Date | 08-Mar-2023 | |||
City / Country | / United States | Vote Deadline | 05-May-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
|
Vote |
Management Recommendation
|
For/Against Management
| |||||
1. | DIRECTOR | Management | ||||||||
1 Warren E. Buffett | For | For | For | |||||||
2 Charles T. Munger | For | For | For | |||||||
3 Gregory E. Abel | For | For | For | |||||||
4 Howard G. Buffett | For | For | For | |||||||
5 Susan A. Buffett | For | For | For | |||||||
6 Stephen B. Burke | For | For | For | |||||||
7 Kenneth I. Chenault | For | For | For | |||||||
8 Christopher C. Davis | For | For | For | |||||||
9 Susan L. Decker | For | For | For | |||||||
10 Charlotte Guyman | For | For | For | |||||||
11 Ajit Jain | For | For | For | |||||||
12 Thomas S. Murphy, Jr. | For | For | For | |||||||
13 Ronald L. Olson | For | For | For | |||||||
14 Wallace R. Weitz | For | For | For | |||||||
15 Meryl B. Witmer | For | For | For | |||||||
2. | Non-binding resolution to approve the compensation of the Company’s Named Executive Officers, as described in the 2023 Proxy Statement. | Management | For | For | For | |||||
3. | Non-binding resolution to determine the frequency (whether annual, biennial or triennial) with which shareholders of the Company shall be entitled to have an advisory vote on executive compensation. | Management | 3 Years | 3 Years | For | |||||
4. | Shareholder proposal regarding how the Company manages physical and transitional climate related risks and opportunities. | Shareholder | For | Against | Against | |||||
5. | Shareholder proposal regarding how climate related risks are being governed by the Company. | Shareholder | For | Against | Against | |||||
| Page 12 of 24 | 07-Aug-2023 |
Vote Summary
6. | Shareholder proposal regarding how the Company intends to measure, disclose and reduce GHG emissions associated with its underwriting, insuring and investment activities. | Shareholder | For | Against | Against | |||||
7. | Shareholder proposal regarding the reporting on the effectiveness of the Corporation’s diversity, equity and inclusion efforts. | Shareholder | For | Against | Against | |||||
8. | Shareholder proposal regarding the adoption of a policy requiring that two separate people hold the offices of the Chairman and the CEO. | Shareholder | For | Against | Against | |||||
9. | Shareholder proposal requesting that the Company avoid supporting or taking a public policy position on controversial social and political issues. | Shareholder | For | Against | Against | |||||
| Page 13 of 24 | 07-Aug-2023 |
Vote Summary
JPMORGAN CHASE & CO.
| ||||||
Security | 46625H100 | Meeting Type | Annual | |||
Ticker Symbol | JPM | Meeting Date | 16-May-2023 | |||
ISIN | US46625H1005 | Agenda | 935797223 - Management | |||
Record Date | 17-Mar-2023 | Holding Recon Date | 17-Mar-2023 | |||
City / Country | / United States | Vote Deadline | 15-May-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
|
Vote |
Management Recommendation
|
For/Against Management
| |||||
1a. | Election of Director: Linda B. Bammann | Management | For | For | For | |||||
1b. | Election of Director: Stephen B. Burke | Management | For | For | For | |||||
1c. | Election of Director: Todd A. Combs | Management | For | For | For | |||||
1d. | Election of Director: James S. Crown | Management | For | For | For | |||||
1e. | Election of Director: Alicia Boler Davis | Management | For | For | For | |||||
1f. | Election of Director: James Dimon | Management | For | For | For | |||||
1g. | Election of Director: Timothy P. Flynn | Management | For | For | For | |||||
1h. | Election of Director: Alex Gorsky | Management | For | For | For | |||||
1i. | Election of Director: Mellody Hobson | Management | For | For | For | |||||
1j. | Election of Director: Michael A. Neal | Management | For | For | For | |||||
1k. | Election of Director: Phebe N. Novakovic | Management | For | For | For | |||||
1l. | Election of Director: Virginia M. Rometty | Management | For | For | For | |||||
2. | Advisory resolution to approve executive compensation | Management | For | For | For | |||||
3. | Advisory vote on frequency of advisory resolution to approve executive compensation | Management | 1 Year | 1 Year | For | |||||
4. | Ratification of independent registered public accounting firm | Management | For | For | For | |||||
5. | Independent board chairman | Shareholder | Against | Against | For | |||||
6. | Fossil fuel phase out | Shareholder | Against | Against | For | |||||
7. | Amending public responsibility committee charter to include mandate to oversee animal welfare impact and risk | Shareholder | Against | Against | For | |||||
8. | Special shareholder meeting improvement | Shareholder | Against | Against | For | |||||
9. | Report on climate transition planning | Shareholder | Against | Against | For | |||||
10. | Report on ensuring respect for civil liberties | Shareholder | Against | Against | For | |||||
11. | Report analyzing the congruence of the company’s political and electioneering expenditures | Shareholder | Against | Against | For | |||||
12. | Absolute GHG reduction goals | Shareholder | Against | Against | For | |||||
| Page 14 of 24 | 07-Aug-2023 |
Vote Summary
AMGEN INC.
| ||||||
Security | 031162100 | Meeting Type | Annual | |||
Ticker Symbol | AMGN | Meeting Date | 19-May-2023 | |||
ISIN | US0311621009 | Agenda | 935805739 - Management | |||
Record Date | 20-Mar-2023 | Holding Recon Date | 20-Mar-2023 | |||
City / Country | / United States | Vote Deadline | 18-May-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
|
Vote |
Management Recommendation
|
For/Against Management
| |||||
1a. | Election of Director for a term of office expiring at the 2024 annual meeting: Dr. Wanda M. Austin | Management | For | For | For | |||||
1b. | Election of Director for a term of office expiring at the 2024 annual meeting: Mr. Robert A. Bradway | Management | For | For | For | |||||
1c. | Election of Director for a term of office expiring at the 2024 annual meeting: Dr. Michael V. Drake | Management | For | For | For | |||||
1d. | Election of Director for a term of office expiring at the 2024 annual meeting: Dr. Brian J. Druker | Management | For | For | For | |||||
1e. | Election of Director for a term of office expiring at the 2024 annual meeting: Mr. Robert A. Eckert | Management | For | For | For | |||||
1f. | Election of Director for a term of office expiring at the 2024 annual meeting: Mr. Greg C. Garland | Management | For | For | For | |||||
1g. | Election of Director for a term of office expiring at the 2024 annual meeting: Mr. Charles M. Holley, Jr. | Management | For | For | For | |||||
1h. | Election of Director for a term of office expiring at the 2024 annual meeting: Dr. S. Omar Ishrak | Management | For | For | For | |||||
1i. | Election of Director for a term of office expiring at the 2024 annual meeting: Dr. Tyler Jacks | Management | For | For | For | |||||
1j. | Election of Director for a term of office expiring at the 2024 annual meeting: Ms. Ellen J. Kullman | Management | For | For | For | |||||
1k. | Election of Director for a term of office expiring at the 2024 annual meeting: Ms. Amy E. Miles | Management | For | For | For | |||||
1l. | Election of Director for a term of office expiring at the 2024 annual meeting: Dr. Ronald D. Sugar | Management | For | For | For | |||||
1m. | Election of Director for a term of office expiring at the 2024 annual meeting: Dr. R. Sanders Williams | Management | For | For | For | |||||
| Page 15 of 24 | 07-Aug-2023 |
Vote Summary
2. | Advisory vote on the frequency of future stockholder advisory votes to approve executive compensation. | Management | 1 Year | 1 Year | For | |||||
3. | Advisory vote to approve our executive compensation. | Management | For | For | For | |||||
4. | To ratify the selection of Ernst & Young LLP as our independent registered public accountants for the fiscal year ending December 31, 2023. | Management | For | For | For | |||||
| Page 16 of 24 | 07-Aug-2023 |
Vote Summary
APA CORPORATION
| ||||||
Security | 03743Q108 | Meeting Type | Annual | |||
Ticker Symbol | APA | Meeting Date | 23-May-2023 | |||
ISIN | US03743Q1085 | Agenda | 935802581 - Management | |||
Record Date | 24-Mar-2023 | Holding Recon Date | 24-Mar-2023 | |||
City / Country | / United States | Vote Deadline | 22-May-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
|
Vote |
Management Recommendation
|
For/Against Management
| |||||
1. | Election of Director: Annell R. Bay | Management | For | For | For | |||||
2. | Election of Director: John J. Christmann IV | Management | For | For | For | |||||
3. | Election of Director: Juliet S. Ellis | Management | For | For | For | |||||
4. | Election of Director: Charles W. Hooper | Management | For | For | For | |||||
5. | Election of Director: Chansoo Joung | Management | For | For | For | |||||
6. | Election of Director: H. Lamar McKay | Management | For | For | For | |||||
7. | Election of Director: Amy H. Nelson | Management | For | For | For | |||||
8. | Election of Director: Daniel W. Rabun | Management | For | For | For | |||||
9. | Election of Director: Peter A. Ragauss | Management | For | For | For | |||||
10. | Election of Director: David L. Stover | Management | For | For | For | |||||
11. | Ratification of Ernst & Young LLP as APA’s Independent Auditors | Management | For | For | For | |||||
12. | Advisory Vote to Approve Compensation of APA’s Named Executive Officers | Management | For | For | For | |||||
13. | Advisory Vote on the Frequency of the Advisory Vote to Approve Compensation of APA’s Named Executive Officers | Management | 1 Year | 1 Year | For | |||||
14. | Approval of an amendment to APA’s Amended and Restated Certificate of Incorporation to provide for the exculpation of officers | Management | For | For | For | |||||
| Page 17 of 24 | 07-Aug-2023 |
Vote Summary
MERCK & CO., INC.
| ||||||
Security | 58933Y105 | Meeting Type | Annual | |||
Ticker Symbol | MRK | Meeting Date | 23-May-2023 | |||
ISIN | US58933Y1055 | Agenda | 935809080 - Management | |||
Record Date | 24-Mar-2023 | Holding Recon Date | 24-Mar-2023 | |||
City / Country | / United States | Vote Deadline | 22-May-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
|
Vote |
Management Recommendation
|
For/Against Management
| |||||
1a. | Election of Director: Douglas M. Baker, Jr. | Management | For | For | For | |||||
1b. | Election of Director: Mary Ellen Coe | Management | For | For | For | |||||
1c. | Election of Director: Pamela J. Craig | Management | For | For | For | |||||
1d. | Election of Director: Robert M. Davis | Management | For | For | For | |||||
1e. | Election of Director: Thomas H. Glocer | Management | For | For | For | |||||
1f. | Election of Director: Risa J. Lavizzo- Mourey, M.D. | Management | For | For | For | |||||
1g. | Election of Director: Stephen L. Mayo, Ph.D. | Management | For | For | For | |||||
1h. | Election of Director: Paul B. Rothman, M.D. | Management | For | For | For | |||||
1i. | Election of Director: Patricia F. Russo | Management | For | For | For | |||||
1j. | Election of Director: Christine E. Seidman, M.D. | Management | For | For | For | |||||
1k. | Election of Director: Inge G. Thulin | Management | For | For | For | |||||
1l. | Election of Director: Kathy J. Warden | Management | For | For | For | |||||
1m. | Election of Director: Peter C. Wendell | Management | For | For | For | |||||
2. | Non-binding advisory vote to approve the compensation of our named executive officers. | Management | For | For | For | |||||
3. | Non-binding advisory vote to approve the frequency of future votes to approve the compensation of our named executive officers. | Management | 1 Year | 1 Year | For | |||||
4. | Ratification of the appointment of the Company’s independent registered public accounting firm for 2023. | Management | For | For | For | |||||
5. | Shareholder proposal regarding business operations in China. | Shareholder | Against | Against | For | |||||
6. | Shareholder proposal regarding access to COVID-19 products. | Shareholder | Against | Against | For | |||||
7. | Shareholder proposal regarding indirect political spending. | Shareholder | Against | Against | For | |||||
8. | Shareholder proposal regarding patents and access. | Shareholder | Against | Against | For | |||||
9. | Shareholder proposal regarding a congruency report of partnerships with globalist organizations. | Shareholder | Against | Against | For | |||||
10. | Shareholder proposal regarding an independent board chairman. | Shareholder | Against | Against | For | |||||
| Page 18 of 24 | 07-Aug-2023 |
Vote Summary
CHEVRON CORPORATION
| ||||||
Security | 166764100 | Meeting Type | Annual | |||
Ticker Symbol | CVX | Meeting Date | 31-May-2023 | |||
ISIN | US1667641005 | Agenda | 935829284 - Management | |||
Record Date | 03-Apr-2023 | Holding Recon Date | 03-Apr-2023 | |||
City / Country | / United States | Vote Deadline | 30-May-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
|
Vote |
Management Recommendation
|
For/Against Management
| |||||
1a. | Election of Director: Wanda M. Austin | Management | For | For | For | |||||
1b. | Election of Director: John B. Frank | Management | For | For | For | |||||
1c. | Election of Director: Alice P. Gast | Management | For | For | For | |||||
1d. | Election of Director: Enrique Hernandez, Jr. | Management | For | For | For | |||||
1e. | Election of Director: Marillyn A. Hewson | Management | For | For | For | |||||
1f. | Election of Director: Jon M. Huntsman Jr. | Management | For | For | For | |||||
1g. | Election of Director: Charles W. Moorman | Management | For | For | For | |||||
1h. | Election of Director: Dambisa F. Moyo | Management | For | For | For | |||||
1i. | Election of Director: Debra Reed-Klages | Management | For | For | For | |||||
1j. | Election of Director: D. James Umpleby III | Management | For | For | For | |||||
1k. | Election of Director: Cynthia J. Warner | Management | For | For | For | |||||
1l. | Election of Director: Michael K. Wirth | Management | For | For | For | |||||
2. | Ratification of Appointment of PricewaterhouseCoopers LLP as the Independent Registered Public Accounting Firm | Management | For | For | For | |||||
3. | Advisory Vote to Approve Named Executive Officer Compensation | Management | For | For | For | |||||
4. | Advisory Vote on the Frequency of Future Advisory Votes on Named Executive Officer Compensation | Management | 1 Year | 1 Year | For | |||||
5. | Rescind the 2021 “Reduce Scope 3 Emissions” Stockholder Proposal | Shareholder | Against | Against | For | |||||
6. | Set a Medium-Term Scope 3 GHG Emissions Reduction Target | Shareholder | Against | Against | For | |||||
7. | Recalculate Emissions Baseline to Exclude Emissions from Material Divestitures | Shareholder | Against | Against | For | |||||
8. | Establish Board Committee on Decarbonization Risk | Shareholder | Against | Against | For | |||||
9. | Report on Worker and Community Impact from Facility Closures and Energy Transitions | Shareholder | Against | Against | For | |||||
10. | Report on Racial Equity Audit | Shareholder | Against | Against | For | |||||
11. | Report on Tax Practices | Shareholder | Against | Against | For | |||||
12. | Independent Chair | Shareholder | Against | Against | For | |||||
| Page 19 of 24 | 07-Aug-2023 |
Vote Summary
THE MACERICH COMPANY
| ||||||
Security | 554382101 | Meeting Type | Annual | |||
Ticker Symbol | MAC | Meeting Date | 31-May-2023 | |||
ISIN | US5543821012 | Agenda | 935829614 - Management | |||
Record Date | 24-Mar-2023 | Holding Recon Date | 24-Mar-2023 | |||
City / Country | / United States | Vote Deadline | 30-May-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
|
Vote |
Management Recommendation
|
For/Against Management
| |||||
1a. | Election of Director: Peggy Alford | Management | For | For | For | |||||
1b. | Election of Director: Eric K. Brandt | Management | For | For | For | |||||
1c. | Election of Director: Edward C. Coppola | Management | For | For | For | |||||
1d. | Election of Director: Steven R. Hash | Management | For | For | For | |||||
1e. | Election of Director: Enrique Hernandez, Jr. | Management | For | For | For | |||||
1f. | Election of Director: Daniel J. Hirsch | Management | For | For | For | |||||
1g. | Election of Director: Marianne Lowenthal | Management | For | For | For | |||||
1h. | Election of Director: Thomas E. O’Hern | Management | For | For | For | |||||
1i. | Election of Director: Steven L. Soboroff | Management | For | For | For | |||||
1j. | Election of Director: Andrea M. Stephen | Management | For | For | For | |||||
2. | Approval of our Amended and Restated 2003 Equity Incentive Plan. | Management | For | For | For | |||||
3. | Advisory vote to approve our named executive officer compensation as described in our Proxy Statement. | Management | For | For | For | |||||
4. | Advisory vote on the frequency of future advisory votes on the compensation of our named executive officers. | Management | 1 Year | 1 Year | For | |||||
5. | Ratification of the appointment of KPMG LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2023. | Management | For | For | For | |||||
| Page 20 of 24 | 07-Aug-2023 |
Vote Summary
CREDIT ACCEPTANCE CORPORATION
| ||||||
Security | 225310101 | Meeting Type | Annual | |||
Ticker Symbol | CACC | Meeting Date | 02-Jun-2023 | |||
ISIN | US2253101016 | Agenda | 935832522 - Management | |||
Record Date | 10-Apr-2023 | Holding Recon Date | 10-Apr-2023 | |||
City / Country | / United States | Vote Deadline | 01-Jun-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
|
Vote |
Management Recommendation
|
For/Against Management
| |||||
1.1 | Election of Director: Kenneth S. Booth | Management | For | For | For | |||||
1.2 | Election of Director: Glenda J. Flanagan | Management | For | For | For | |||||
1.3 | Election of Director: Vinayak R. Hegde | Management | For | For | For | |||||
1.4 | Election of Director: Thomas N. Tryforos | Management | For | For | For | |||||
1.5 | Election of Director: Scott J. Vassalluzzo | Management | For | For | For | |||||
2. | Approval of an amendment to the Credit Acceptance Corporation Amended and Restated Incentive Compensation Plan. | Management | For | For | For | |||||
3. | Advisory vote to approve named executive officer compensation. | Management | For | For | For | |||||
4. | Advisory vote on the frequency of future advisory votes to approve named executive officer compensation. | Management | 1 Year | 1 Year | For | |||||
5. | Ratification of the selection of Grant Thornton LLP as Credit Acceptance Corporation’s independent registered public accounting firm for 2023. | Management | For | For | For | |||||
| Page 21 of 24 | 07-Aug-2023 |
Vote Summary
DEVON ENERGY CORPORATION
| ||||||
Security | 25179M103 | Meeting Type | Annual | |||
Ticker Symbol | DVN | Meeting Date | 07-Jun-2023 | |||
ISIN | US25179M1036 | Agenda | 935835352 - Management | |||
Record Date | 10-Apr-2023 | Holding Recon Date | 10-Apr-2023 | |||
City / Country | / United States | Vote Deadline | 06-Jun-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
|
Vote |
Management Recommendation
|
For/Against Management
| |||||
1. | DIRECTOR | Management | ||||||||
1 Barbara M. Baumann | For | For | For | |||||||
2 John E. Bethancourt | For | For | For | |||||||
3 Ann G. Fox | For | For | For | |||||||
4 Gennifer F. Kelly | For | For | For | |||||||
5 Kelt Kindick | For | For | For | |||||||
6 John Krenicki Jr. | For | For | For | |||||||
7 Karl F. Kurz | For | For | For | |||||||
8 Michael N. Mears | For | For | For | |||||||
9 Robert A. Mosbacher, Jr | For | For | For | |||||||
10 Richard E. Muncrief | For | For | For | |||||||
11 Valerie M. Williams | For | For | For | |||||||
2. | Ratify the selection of the Company’s Independent Auditors for 2023. | Management | For | For | For | |||||
3. | Advisory Vote to Approve Executive Compensation. | Management | For | For | For | |||||
4. | Advisory Vote on the Frequency of an Advisory Vote on Executive Compensation. | Management | 1 Year | 1 Year | For | |||||
5. | Approve an Amendment to the Company’s Bylaws to Designate the Exclusive Forum for the Adjudication of Certain Legal Matters. | Management | For | For | For | |||||
6. | Approve Amendments to the Certificate of Incorporation to Adopt Limitations on the Liability of Officers Similar to Those That Already Exist for Directors. | Management | For | For | For | |||||
7. | Stockholder Proposal to Reform the Near Impossible Special Shareholder Meeting Requirements. | Shareholder | Against | Against | For | |||||
| Page 22 of 24 | 07-Aug-2023 |
Vote Summary
TARGET CORPORATION
| ||||||
Security | 87612E106 | Meeting Type | Annual | |||
Ticker Symbol | TGT | Meeting Date | 14-Jun-2023 | |||
ISIN | US87612E1064 | Agenda | 935847220 - Management | |||
Record Date | 17-Apr-2023 | Holding Recon Date | 17-Apr-2023 | |||
City / Country | / United States | Vote Deadline | 13-Jun-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
|
Vote |
Management Recommendation
|
For/Against Management
| |||||
1a. | Election of Director: David P. Abney | Management | For | For | For | |||||
1b. | Election of Director: Douglas M. Baker, Jr. | Management | For | For | For | |||||
1c. | Election of Director: George S. Barrett | Management | For | For | For | |||||
1d. | Election of Director: Gail K. Boudreaux | Management | For | For | For | |||||
1e. | Election of Director: Brian C. Cornell | Management | For | For | For | |||||
1f. | Election of Director: Robert L. Edwards | Management | For | For | For | |||||
1g. | Election of Director: Donald R. Knauss | Management | For | For | For | |||||
1h. | Election of Director: Christine A. Leahy | Management | For | For | For | |||||
1i. | Election of Director: Monica C. Lozano | Management | For | For | For | |||||
1j. | Election of Director: Grace Puma | Management | For | For | For | |||||
1k. | Election of Director: Derica W. Rice | Management | For | For | For | |||||
1l. | Election of Director: Dmitri L. Stockton | Management | For | For | For | |||||
2. | Company proposal to ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm. | Management | For | For | For | |||||
3. | Company proposal to approve, on an advisory basis, our executive compensation (Say on Pay). | Management | For | For | For | |||||
4. | Company proposal to approve, on an advisory basis, the frequency of our Say on Pay votes (Say on Pay Vote Frequency). | Management | 1 Year | 1 Year | For | |||||
5. | Shareholder proposal to adopt a policy for an independent chairman. | Shareholder | Against | Against | For | |||||
| Page 23 of 24 | 07-Aug-2023 |
Vote Summary
EBAY INC.
| ||||||
Security | 278642103 | Meeting Type | Annual | |||
Ticker Symbol | EBAY | Meeting Date | 21-Jun-2023 | |||
ISIN | US2786421030 | Agenda | 935860595 - Management | |||
Record Date | 24-Apr-2023 | Holding Recon Date | 24-Apr-2023 | |||
City / Country | / United States | Vote Deadline | 20-Jun-2023 11:59 PM ET | |||
SEDOL(s) | Quick Code | |||||
Item |
Proposal |
Proposed by
|
Vote |
Management Recommendation
|
For/Against Management
| |||||
1a. | Election of Director: Adriane M. Brown | Management | For | For | For | |||||
1b. | Election of Director: Aparna Chennapragada | Management | For | For | For | |||||
1c. | Election of Director: Logan D. Green | Management | For | For | For | |||||
1d. | Election of Director: E. Carol Hayles | Management | For | For | For | |||||
1e. | Election of Director: Jamie Iannone | Management | For | For | For | |||||
1f. | Election of Director: Shripriya Mahesh | Management | For | For | For | |||||
1g. | Election of Director: Paul S. Pressler | Management | For | For | For | |||||
1h. | Election of Director: Mohak Shroff | Management | For | For | For | |||||
1i. | Election of Director: Perry M. Traquina | Management | For | For | For | |||||
2. | Ratification of appointment of independent auditors. | Management | For | For | For | |||||
3. | Advisory vote to approve named executive officer compensation. | Management | For | For | For | |||||
4. | Say-on-Pay Frequency Vote. | Management | 1 Year | 1 Year | For | |||||
5. | Approval of the Amendment and Restatement of the eBay Equity Incentive Award Plan. | Management | For | For | For | |||||
6. | Amendment to the Certificate of Incorporation. | Management | For | For | For | |||||
7. | Special Shareholder Meeting, if properly presented. | Shareholder | Against | Against | For | |||||
| Page 24 of 24 | 07-Aug-2023 |
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.
| SMEAD FUNDS TRUST | ||
| By | /s/ Cole W. Smead | |
| Cole W. Smead | ||
| President and Chief Executive Officer | ||
| Date: | August 11, 2023 | |
