Commonwealth International Series Trust N-PX Annual report of proxy voting record

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: 811-04665

Commonwealth International Series Trust

(Exact name of registrant as specified in charter)

791 Town & Country Blvd., Suite 250, Houston, TX 77024-3925

(Address of principal executive offices) (Zip code)

CT Corporation System

155 Federal Street

Boston, MA 02110

(Name and address of agent for service)

Copies to:

John H. Lively

The Law Offices of John H. Lively & Associates, Inc.

A Member Firm of The 1940 Act Law Group™

11300 Tomahawk Creek Parkway, Suite 310

Leawood, KS 66211

Registrant’s telephone number, including area code: 888-345-1898

Date of fiscal year end: October 31^st

Date of reporting period: 07/01/16 - 06/30/17

Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (Secs. 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant’s proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. Sec. 3507.

Commonwealth Australia/New Zealand Fund

Proxy Voting Record

July 1, 2016 – June 30, 2017

SKY NETWORK TELEVISION LTD
Security	Q8514Q130	Meeting Type	Special General Meeting
Ticker Symbol		Meeting Date	06-Jul-2016
ISIN	NZSKTE0001S6	Agenda	707196754 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT, SUBJECT TO THE PASSING OF RESOLUTIONS 2 AND 3, THE SHAREHOLDERS RATIFY, CONFIRM AND APPROVE, INCLUDING FOR THE PURPOSES OF SECTION 129(1) OF THE COMPANIES ACT, NZX LISTING RULE 9.1.1, AND ASX LISTING RULE 11.1.2, AND FOR ALL OTHER PURPOSES, THE ACQUISITION BY SKY OF ALL THE SHARES OF VODAFONE NZ (THE ACQUISITION), ON THE TERMS AND SUBJECT TO THE CONDITIONS SET OUT IN THE SALE AND PURCHASE AGREEMENT INCLUDING THE ENTRY INTO THE VODAFONE SERVICES AGREEMENTS AND ALL OTHER DOCUMENTS AND AGREEMENTS CONTEMPLATED BY THE SALE AND PURCHASE AGREEMENT, AS MORE PARTICULARLY DESCRIBED IN THE NOTICE OF MEETING AND EXPLANATORY MEMORANDUM, AND THAT THE DIRECTORS BE AUTHORISED TO TAKE ALL ACTIONS, DO ALL THINGS AND EXECUTE ALL DOCUMENTS AND AGREEMENTS CONTEMPLATED BY THE SALE AND PURCHASE AGREEMENT OR OTHERWISE CONSIDERED BY THE DIRECTORS TO BE NECESSARY OR DESIRABLE IN CONNECTION WITH THE ACQUISITION	Management	For	For	For

2 THAT, SUBJECT TO THE PASSING OF RESOLUTIONS 1 AND 3, THE SHAREHOLDERS RATIFY, CONFIRM AND APPROVE, INCLUDING FOR THE PURPOSES OF SECTION 129(1) OF THE COMPANIES ACT, NZX LISTING RULE 9.1.1, AND FOR ALL OTHER PURPOSES, THE INCURRENCE BY SKY OF DEBT IN AN AMOUNT NOT EXCEEDING NZD 1.8 BILLION (THE NEW DEBT), TO BE PROVIDED BY:(A) VODAFONE OVERSEAS FINANCE LIMITED, ON THE TERMS CONTAINED IN THE LOAN FACILITY AGREEMENT; AND/OR(B) ONE OR MORE THIRD PARTY BANKS OR FINANCIAL INSTITUTIONS, ON ARM’S LENGTH COMMERCIAL TERMS, FOR THE PURPOSES OF FUNDING THE CASH PORTION OF THE PURCHASE PRICE PAYABLE IN CONNECTION WITH THE ACQUISITION, TRANSACTION COSTS, REPAYMENT OF SKY’S BANK DEBT EXISTING AT COMPLETION AND THE COMBINED GROUP’S WORKING CAPITAL NEEDS, AS MORE PARTICULARLY DESCRIBED IN THE NOTICE OF MEETING AND EXPLANATORY MEMORANDUM, AND THAT THE DIRECTORS BE AUTHORISED TO TAKE ALL ACTIONS, DO ALL THINGS AND EXECUTE ALL DOCUMENTS AND AGREEMENTS CONSIDERED BY THE DIRECTORS TO BE NECESSARY OR DESIRABLE IN CONNECTION WITH THE NEW DEBT Management For For For

3 THAT, SUBJECT TO THE PASSING OF RESOLUTIONS 1 AND 2, THE SHAREHOLDERS RATIFY, CONFIRM AND APPROVE, INCLUDING FOR THE PURPOSES OF RULE 7(D) OF THE TAKEOVERS CODE, NZX LISTING RULE 7.3.1(A), ASX LISTING RULE 7.1 AND ALL RELEVANT PROVISIONS OF SKY’S CONSTITUTION, AND FOR ALL OTHER PURPOSES, THE ISSUE TO VODAFONE AT COMPLETION OF THE ACQUISITION DESCRIBED IN RESOLUTION 1, TO PARTIALLY SATISFY THE PURCHASE PRICE PAYABLE BY SKY IN CONNECTION WITH THE ACQUISITION, OF THAT NUMBER OF NEW FULLY PAID, ORDINARY SHARES IN SKY EQUAL TO 51% OF THE TOTAL NUMBER OF SKY SHARES THAT WILL BE ON ISSUE IMMEDIATELY FOLLOWING COMPLETION OF THE ACQUISITION, TAKING INTO ACCOUNT THE ISSUE OF SUCH NEW SHARES (THE SHARE ISSUE), WITH (ASSUMING IN EACH CASE THAT THE TOTAL NUMBER OF SHARES ON ISSUE IN SKY IMMEDIATELY PRIOR TO COMPLETION IS THE SAME TOTAL NUMBER OF SHARES ON ISSUE AS AT THE DATE OF THE NOTICE OF MEETING AND EXPLANATORY MEMORANDUM) SUCH NUMBER OF SHARES TO BE ISSUED TO BE 405,023,041 AND THE EFFECTIVE ISSUE PRICE PER SHARE TO BE NZD 5.40 AS MORE PARTICULARLY DESCRIBED IN THE NOTICE OF MEETING AND EXPLANATORY MEMORANDUM, AND THAT THE DIRECTORS BE AUTHORISED TO TAKE ALL ACTIONS, DO ALL THINGS AND EXECUTE ALL DOCUMENTS AND AGREEMENTS CONSIDERED BY THE DIRECTORS TO BE NECESSARY OR DESIRABLE IN CONNECTION WITH SUCH SHARE ISSUE Management For For For

RYMAN HEALTHCARE LTD, CHRISTCHURCH
Security	Q8203F106	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	27-Jul-2016
ISIN	NZRYME0001S4	Agenda	707208737 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	TO RE-ELECT GEORGE SAVVIDES	Management	For	For	For
2	TO RE-ELECT DAVID KERR	Management	For	For	For
3	TO RE-ELECT KEVIN HICKMAN	Management	For	For	For

4	TO AUTHORISE THE DIRECTORS TO FIX THE REMUNERATION OF THE AUDITORS	Management	For	For	For
5	TO APPROVE THE INCREASE IN DIRECTORS FEE	Management	For	For	For

MAINFREIGHT LTD
Security	Q5742H106	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	28-Jul-2016
ISIN	NZMFTE0001S9	Agenda	707217863 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT CARL HOWARD-SMITH, WHO RETIRES BY ROTATION AND, BEING ELIGIBLE AND HAVING OFFERED HIMSELF FOR RE-ELECTION, BE RE- ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
2	THAT BRUCE PLESTED, WHO RETIRES BY ROTATION AND, BEING ELIGIBLE AND HAVING OFFERED HIMSELF FOR RE-ELECTION, BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
3	THAT THE DIRECTORS BE AUTHORISED TO FIX THE AUDITOR’S FEES AND EXPENSES	Management	For	For	For

BETHUNES INVESTMENTS LTD, OTAKI
Security	Q6448N108	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Jul-2016
ISIN	NZMOWE0001S5	Agenda	707226533 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	RE-ELECTION OF AARON TITTER	Management	For	For	For
2	RE-ELECTION OF IAN HALSTED	Management	For	For	For
3	AUDITOR: KPMG IS AUTOMATICALLY REAPPOINTED AS THE COMPANY’S AUDITOR UNDER SECTION 200 OF THE COMPANIES ACT 1993	Management	For	For	For

INFRATIL LTD
Security	Q4933Q124	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	24-Aug-2016
ISIN	NZIFTE0003S3	Agenda	707292114 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	RE-ELECTION OF MR MARK TUME	Management	For	For	For
2	RE-ELECTION OF MS ALISON GERRY	Management	For	For	For
3	AUDITOR’S REMUNERATION	Management	For	For	For

EVOLVE EDUCATION GROUP LTD, AUCKLAND
Security	Q3668S107	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	25-Aug-2016
ISIN	NZEVOE0001S4	Agenda	707298522 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT THE BOARD BE AUTHORISED TO FIX THE FEES AND EXPENSES OF PRICEWATERHOUSECOOPERS AS AUDITOR FOR THE ENSUING YEAR	Management	For	For	For
2	THAT NORAH BARLOW BE ELECTED AS A DIRECTOR OF EVOLVE EDUCATION GROUP LIMITED	Management	For	For	For
3	THAT ALISTAIR RYAN BE ELECTED AS A DIRECTOR OF EVOLVE EDUCATION GROUP LIMITED	Management	For	For	For
4	THAT EVOLVE EDUCATION GROUP LIMITED’S CONSTITUTION BE REVOKED AND A NEW CONSTITUTION, IN THE FORM PRESENTED AT THE 2016 ANNUAL MEETING, BE ADOPTED, AS SPECIFIED IN THE NOTICE OF ANNUAL MEETING, WITH EFFECT FROM THE CLOSE OF THE ANNUAL MEETING	Management	For	For	For

PACIFIC EDGE LIMITED, DUNEDIN
Security	Q7210S127	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	25-Aug-2016
ISIN	NZPEBE0002S1	Agenda	707304197 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT DAVID BAND, WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR RE- ELECTION, BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
2	THAT DAVID LEVISON, WHO WAS APPOINTED AS A DIRECTOR BY THE BOARD DURING THE YEAR, BE ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For

3	THAT CHRIS GALLAHER, WHO WAS APPOINTED AS A DIRECTOR BY THE BOARD DURING THE YEAR, BE ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
4	TO RECORD THE REAPPOINTMENT OF PRICEWATERHOUSECOOPERS AS AUDITOR OF THE COMPANY AND TO AUTHORISE THE DIRECTORS TO FIX THE AUDITORS’ REMUNERATION FOR THE ENSUING YEAR	Management	For	For	For

TRUSTPOWER LIMITED
Security	Q9239W105	Meeting Type	Special General Meeting
Ticker Symbol		Meeting Date	09-Sep-2016
ISIN	NZTPWE0001S7	Agenda	707324086 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT THE DEMERGER AND THE FINANCING ARRANGEMENTS ARE APPROVED	Management	For	For	For
2	THAT THE SUM OF UP TO NZD 150,000 BE PAID TO THE TRUSTPOWER BOARD, IN RESPECT OF THE ADDITIONAL WORK UNDERTAKEN BY THE TRUSTPOWER BOARD IN RESPECT OF THE DEMERGER PROPOSAL	Management	For	For	For

TRUSTPOWER LIMITED
Security	Q9239W105	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	09-Sep-2016
ISIN	NZTPWE0001S7	Agenda	707326674 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT THE DIRECTORS BE AUTHORISED TO FIX THE FEES AND EXPENSES OF PRICEWATERHOUSECOOPERS AS AUDITORS OF THE COMPANY FOR THE ENSUING YEAR	Management	For	For	For
2	THAT MR M BOGOIEVSKI BE RE- ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
3	THAT MR GJC SWIER BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
4	THAT MR AN BICKERS BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
5	THAT MR RH AITKEN BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For

6	THAT MS SR PETERSON BE RE- ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
7	THAT MR PM RIDLEY-SMITH BE RE- ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For

IKEGPS GROUP LTD
Security	Q4874R107	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	20-Sep-2016
ISIN	NZIKEE0001S9	Agenda	707347781 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT THE DIRECTORS ARE AUTHORISED TO FIX THE AUDITOR’S REMUNERATION	Management	For	For	For
2	THAT MR. BRUCE HARKER IS RE- ELECTED AS A DIRECTOR OF IKEGPS GROUP LIMITED	Management	For	For	For
3	THAT MR. ALEX KNOWLES IS RE- ELECTED AS A DIRECTOR OF IKEGPS GROUP LIMITED	Management	For	For	For

SUNCORP GROUP LTD, BRISBANE
Security	Q88040110	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	22-Sep-2016
ISIN	AU000000SUN6	Agenda	707325874 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	REMUNERATION REPORT	Management	For	For	For
2	GRANT OF PERFORMANCE RIGHTS TO THE CHIEF EXECUTIVE OFFICER & MANAGING DIRECTOR	Management	For	For	For
3	ELECTION OF DIRECTOR - MS SALLY HERMAN	Management	For	For	For
4	RENEWAL OF PROPORTIONAL TAKEOVER PROVISIONS	Management	For	For	For

AGL ENERGY LTD, NORTH SYDNEY
Security	Q01630195	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	28-Sep-2016
ISIN	AU000000AGL7	Agenda	707343529 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
2	REMUNERATION REPORT	Management	For	For	For
3.A	RE-ELECTION OF BELINDA JANE HUTCHINSON	Management	For	For	For
3.B	RE-ELECTION OF JACQUELINE CHERIE HEY	Management	For	For	For
3.C	ELECTION OF DIANE LEE SMITH- GANDER	Management	For	For	For
4	GRANT OF PERFORMANCE RIGHTS UNDER THE AGL LTIP TO ANDREW VESEY	Management	For	For	For
5	TO INCREASE THE MAXIMUM AGGREGATE REMUNERATION OF NON- EXECUTIVE DIRECTORS	Management	For	For	For

AIR NEW ZEALAND LTD, AUCKLAND
Security	Q0169V100	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	30-Sep-2016
ISIN	NZAIRE0001S2	Agenda	707351172 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	TO RE-ELECT JAN DAWSON	Management	For	For	For
2	TO RE-ELECT JONATHAN MASON	Management	For	For	For
3	TO ELECT DAME THERESE WALSH	Management	For	For	For

HELLABY HOLDINGS LTD
Security	Q4568F112	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	10-Oct-2016
ISIN	NZHBYE0001S8	Agenda	707376388 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT MR JAMES SCLATER RETIRES BY ROTATION IN ACCORDANCE WITH CLAUSE 20.5 OF THE COMPANY’S CONSTITUTION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-ELECTION AS A DEPENDENT DIRECTOR	Management	For	For	For
2	TO RECORD THE REAPPOINTMENT OF PRICEWATERHOUSECOOPERS AS AUDITOR OF THE COMPANY AND TO AUTHORISE THE DIRECTORS TO FIX THE REMUNERATION AND EXPENSES OF THE AUDITOR FOR THE CURRENT YEAR	Management	For	For	For

CONTACT ENERGY LTD, WELLINGTON
Security	Q2818G104	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	12-Oct-2016
ISIN	NZCENE0001S6	Agenda	707412552 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT ELENA TROUT BE ELECTED AS A DIRECTOR OF CONTACT	Management	For	For	For
2	THAT WHAIMUTU DEWES BE RE- ELECTED AS A DIRECTOR OF CONTACT	Management	For	For	For
3	THAT SUE SHELDON BE RE-ELECTED AS A DIRECTOR OF CONTACT	Management	For	For	For
4	THAT THE DIRECTORS BE AUTHORISED TO FIX THE FEES AND EXPENSES OF THE AUDITOR	Management	For	For	For

COCHLEAR LTD, LANE COVE
Security	Q25953102	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	18-Oct-2016
ISIN	AU000000COH5	Agenda	707402614 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.1	TO RECEIVE THE FINANCIAL REPORT, DIRECTORS’ REPORT AND AUDITOR’S REPORT IN RESPECT OF THE YEAR ENDED 30 JUNE 2016	Management	For	For	For
2.1	TO ADOPT THE REMUNERATION REPORT IN RESPECT OF THE YEAR ENDED 30 JUNE 2016	Management	For	For	For
3.1	TO RE-ELECT MRS YASMIN ALLEN AS A DIRECTOR OF THE COMPANY	Management	For	For	For
3.2	TO RE-ELECT MR DONAL O’DWYER AS A DIRECTOR OF THE COMPANY	Management	For	For	For
4.1	TO APPROVE THE GRANT OF SECURITIES TO THE CHIEF EXECUTIVE OFFICER & PRESIDENT MR CHRIS SMITH UNDER THE COCHLEAR EXECUTIVE INCENTIVE PLAN	Management	For	For	For

MARSDEN MARITIME HOLDINGS LTD, RUAKAKA
Security	Q69889105	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	18-Oct-2016
ISIN	NZNTHE0001S3	Agenda	707404872 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT SIR JOHN GOULTER BE RE- ELECTED AS A DIRECTOR OF MARSDEN MARITIME HOLDINGS LIMITED	Management	For	For	For

2	THAT MR PETER GRIFFITHS BE RE- ELECTED AS A DIRECTOR OF MARSDEN MARITIME HOLDINGS LIMITED	Management	For	For	For
3	THAT THE CONSTITUTION OF THE COMPANY BE AMENDED IN THE MANNER DESCRIBED IN THE ACCOMPANYING EXPLANATORY NOTES HEADED “SPECIAL BUSINESS - AMENDMENT OF CONSTITUTION”, WITH EFFECT FROM THE CLOSE OF BUSINESS OF THE MEETING	Management	For	For	For

FLIWAY GROUP LTD, MANUKAU CITY
Security	Q3916H101	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	19-Oct-2016
ISIN	NZFLIE0001S4	Agenda	707409389 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT CRAIG STOBO, WHO RETIRES BY ROTATION AND, BEING ELIGIBLE AND HAVING OFFERED HIMSELF FOR RE- ELECTION, BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
2	THAT THE DIRECTORS BE AUTHORISED TO FIX THE AUDITOR’S REMUNERATION	Management	For	For	For

TEAMTALK LTD
Security	Q8869G109	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	19-Oct-2016
ISIN	NZTTKE0001S4	Agenda	707420446 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
2.1	THAT NATHAN YORK BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
2.2	THAT GEOFF DAVIS BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
2.3	THAT TONE BORREN BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
3	REMUNERATION OF AUDITORS	Management	For	For	For

CROWN RESORTS LTD, MELBOURNE
Security	Q3014T106	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	20-Oct-2016
ISIN	AU000000CWN6	Agenda	707406597 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
2A	RE-ELECTION OF DIRECTOR - MR JOHN ALEXANDER	Management	For	For	For
2B	RE-ELECTION OF DIRECTOR - MS HELEN COONAN	Management	For	For	For
2C	RE-ELECTION OF DIRECTOR - MR GEOFF DIXON	Management	For	For	For
2D	RE-ELECTION OF DIRECTOR - PROF JOHN HORVATH	Management	For	For	For
3	REMUNERATION REPORT	Management	For	For	For
4	REMUNERATION OF NON-EXECUTIVE DIRECTORS	Management	For	For	For

PORT OF TAURANGA LTD, MOUNT MAUNGANUI
Security	Q7701D100	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	20-Oct-2016
ISIN	NZPOTE0001S4	Agenda	707401763 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.A	THAT MR ARTHUR WILLIAM BAYLIS BE RE-ELECTED AS A DIRECTOR	Management	For	For	For
1.B	THAT MR KIMMITT ROWLAND ELLIS BE RE-ELECTED AS A DIRECTOR	Management	For	For	For
2	TO INCREASE THE TOTAL REMUNERATION PAYABLE TO DIRECTORS BY NZD 123,521 FROM NZD 506,479 TO NZD 630,000 PER ANNUM IN YEAR ONE AND BY NZD 120,000 TO NZD 750,000 PER ANNUM IN YEAR TWO, BEING THE AGGREGATE AMOUNT PAYABLE TO ALL DIRECTORS OF THE COMPANY FOR THEIR SERVICES AS DIRECTORS OF THE COMPANY, WITH SUCH SUM TO BE DIVIDED AMONGST THE DIRECTORS AS THE BOARD MAY DETERMINE	Management	For	For	For
3	TO AUTHORISE THE DIRECTORS TO FIX THE REMUNERATION OF THE AUDITORS FOR THE ENSUING YEAR	Management	For	For	For

SOUTH PORT NEW ZEALAND LTD, BLUFF
Security	Q8662G108	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	20-Oct-2016
ISIN	NZSPNE0001S8	Agenda	707381959 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT MR PHILIP WADE CORY-WRIGHT BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
2	THAT MRS CLARE MARGARET KEARNEY BE ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
3	THAT THE MAXIMUM ANNUAL AGGREGATE SUM AVAILABLE FOR PAYMENT TO NON-EXECUTIVE DIRECTORS FOR EACH FINANCIAL YEAR COMMENCING 1 JULY, BE INCREASED FROM NZD 235,520 TO NZD 270,000 (14.6% INCREASE), SUCH SUM TO BE DIVIDED BETWEEN THE NON- EXECUTIVE DIRECTORS AS THEY DETERMINE	Management	For	For	For
4	TO AUTHORISE THE BOARD TO FIX THE AUDITOR’S FEES AND EXPENSES	Management	For	For	For

ABANO HEALTHCARE GROUP LTD
Security	Q0010H102	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	25-Oct-2016
ISIN	NZNPEE0001S8	Agenda	707422806 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	TO RECORD THE REAPPOINTMENT OF PRICEWATERHOUSECOOPERS AS AUDITOR OF THE COMPANY AND TO AUTHORISE THE DIRECTORS TO FIX THE AUDITOR’S REMUNERATION	Management	For	For	For
2	THAT DR GINNI MANSBERG, WHO WAS APPOINTED AS A DIRECTOR BY THE BOARD DURING THE YEAR, BE ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
3	THAT MR TREVOR JANES, WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR RE-ELECTION, BE RE- ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
4	THAT MR DANNY CHAN, WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR RE- ELECTION, BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For

5 TO AUTHORISE, FOR THE PURPOSE OF NZX MAIN BOARD LISTING RULE 3.5.1, AN INCREASE IN THE TOTAL AMOUNT OF REMUNERATION PAYABLE PER ANNUM TO NON-EXECUTIVE DIRECTORS FROM NZD 564,000 TO NZD 663,000 (AN INCREASE OF NZD 99,000, REFLECTING REMUNERATION FOR AN ADDITIONAL NON-EXECUTIVE DIRECTOR OF NZD 65,000 AND AN INCREASE IN FEES OF NZD 34,000), TO BE PAID AND ALLOCATED TO THE NON- EXECUTIVE DIRECTORS AS THE BOARD CONSIDERS APPROPRIATE Management For For For

METLIFECARE LIMITED
Security	Q6070M105	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	25-Oct-2016
ISIN	NZMETE0001S2	Agenda	707412487 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	TO RE-ELECT RETIRING DIRECTOR, KEVIN BAKER	Management	For	For	For
2	TO RE-ELECT RETIRING DIRECTOR, CAROLYN STEELE	Management	For	For	For
3	TO AUTHORISE THE DIRECTORS TO FIX THE FEES AND EXPENSES OF THE AUDITOR OF THE COMPANY: PRICEWATERHOUSECOOPERS	Management	For	For	For

AIRWORK HOLDINGS LTD
Security	Q0169W108	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	26-Oct-2016
ISIN	NZAWKE0001S8	Agenda	707411396 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT ROB FLANNAGAN, WHO RETIRES BY ROTATION AND WHO IS ELIGIBLE FOR RE-ELECTION, BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
2	THAT THE DIRECTORS BE AUTHORISED TO FIX THE FEES AND EXPENSES OF THE AUDITOR	Management	For	For	For

SKELLERUP HOLDINGS LIMITED
Security	Q8512S104	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	26-Oct-2016
ISIN	NZSKXE0001S8	Agenda	707403995 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.A	THAT SIR SELWYN CUSHING BE RE- ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
1.B	THAT DAVID MAIR BE ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
1.C	THAT ALAN ISAAC BE ELECTED AS A DIRECTOR OF THE COMPANY	Management	For	For	For
2	THAT THE DIRECTORS’ FEE POOL FOR THE COMPANY BE INCREASED FROM NZD 475,000 TO NZD 550,000 PER ANNUM PLUS GST (IF ANY), SUCH SUM TO BE DIVIDED AMONGST THE DIRECTORS AS THE BOARD FROM TIME TO TIME MAY DETERMINE	Management	For	For	For
3	THAT THE DIRECTORS ARE AUTHORISED TO FIX THE FEES AND EXPENSES OF THE AUDITORS, FOR THE ENSUING YEAR	Management	For	For	For
4	THAT THE EXISTING CONSTITUTION OF THE COMPANY BE REVOKED AND A NEW CONSTITUTION, IN THE FORM PRESENTED, BE ADOPTED	Management	For	For	For

APA GROUP, SYDNEY
Security	Q0437B100	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	27-Oct-2016
ISIN	AU000000APA1	Agenda	707413364 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	NOMINATION OF STEVEN CRANE FOR RE-ELECTION AS A DIRECTOR	Management	For	For	For
2	NOMINATION OF JOHN FLETCHER FOR RE-ELECTION AS A DIRECTOR	Management	For	For	For

FREIGHTWAYS LTD, AUCKLAND
Security	Q3956J108	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	27-Oct-2016
ISIN	NZFREE0001S0	Agenda	707423872 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT PETER KEAN BE ELECTED AS A DIRECTOR OF FREIGHTWAYS	Management	For	For	For
2	THAT MARK VERBIEST BE RE-ELECTED AS A DIRECTOR OF FREIGHTWAYS	Management	For	For	For

3	THAT THE TOTAL QUANTUM OF ANNUAL DIRECTORS’ FEES BE INCREASED BY 2.5% (BEING NZD 13,000) FROM AN AGGREGATE OF NZD 520,000 TO AN AGGREGATE OF NZD 533,000, SUCH AGGREGATE AMOUNT TO BE DIVIDED AMONGST THE DIRECTORS AS THEY DEEM APPROPRIATE	Management	For	For	For
4	THAT THE DIRECTORS ARE AUTHORISED TO FIX THE AUDITORS’ REMUNERATION	Management	For	For	For

NEW ZEALAND OIL & GAS LTD, WELLINGTON
Security	Q67650228	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	27-Oct-2016
ISIN	NZNZOE0002S4	Agenda	707417728 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	AUDITORS REMUNERATION: KPMG ARE AUTOMATICALLY REAPPOINTED AS AUDITOR UNDER SECTION 207T OF THE COMPANIES ACT 1993. THIS RESOLUTION AUTHORISES THE BOARD TO FIX THE FEES AND EXPENSES OF THE AUDITOR	Management	For	For	For
2	ELECTION OF DIRECTOR: THAT MR R RITCHIE BE ELECTED AS A DIRECTOR	Management	For	For	For
3	ELECTION OF DIRECTOR: THAT DR R ARCHER BE ELECTED AS A DIRECTOR	Management	For	For	For

MICHAEL HILL INTERNATIONAL LIMITED
Security	ADPV35706	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	31-Oct-2016
ISIN	AU000000MHJ4	Agenda	707420408 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	REMUNERATION REPORT (ADVISORY RESOLUTION)	Management	For	For	For
2	RE-ELECTION OF GARY WARWICK SMITH AS A DIRECTOR	Management	For	For	For
3	GRANT OF SHARE RIGHTS UNDER COMPANY’S INCENTIVE PLAN	Management	For	For	For
4	APPROVAL OF GIVING TERMINATION BENEFITS IN CONNECTION WITH THE INCENTIVE PLAN	Management	For	For	For
5	APPROVAL OF HILL FAMILY GIVING TERMINATION BENEFITS TO MICHAEL PARSELL	Management	For	For	For

6	APPROVAL OF COMPANY GIVING TERMINATION BENEFITS TO MICHAEL PARSELL	Management	For	For	For
7	APPOINTMENT OF AUDITOR: ERNST & YOUNG	Management	For	For	For

SILVER CHEF LTD, MILTON
Security	Q85010108	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	03-Nov-2016
ISIN	AU000000SIV4	Agenda	707423000 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	ADOPTION OF THE REMUNERATION REPORT	Management	For	For	For
2	RE-ELECTION OF MS SOPHIE MITCHELL	Management	For	For	For
3	ELECTION OF MR ANDREW KEMP	Management	For	For	For
4	RATIFICATION AND APPROVAL OF PREVIOUS ISSUE OF SHARES UNDER PLACEMENT #1	Management	For	For	For
5	RATIFICATION AND APPROVAL OF PREVIOUS ISSUE OF SHARES UNDER PLACEMENT #2	Management	For	For	For
6	INCREASE IN REMUNERATION FOR NON-EXECUTIVE DIRECTORS	Management	For	For	For

RAMSAY HEALTH CARE LTD, SYDNEY NSW
Security	Q7982Y104	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	09-Nov-2016
ISIN	AU000000RHC8	Agenda	707442733 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
2	TO ADOPT THE REMUNERATION REPORT	Management	For	For	For
3.1	TO RE-ELECT MR KERRY CHISHOLM DART ROXBURGH AS A NON- EXECUTIVE DIRECTOR	Management	For	For	For
3.2	TO RE-ELECT MR BRUCE ROGER SODEN AS AN EXECUTIVE DIRECTOR	Management	For	For	For
4.1	TO APPROVE THE GRANT OF PERFORMANCE RIGHTS TO EXECUTIVE DIRECTOR - MR CHRISTOPHER PAUL REX	Management	For	For	For
4.2	TO APPROVE THE GRANT OF PERFORMANCE RIGHTS TO EXECUTIVE DIRECTOR - MR BRUCE ROGER SODEN	Management	For	For	For

WESFARMERS LTD, PERTH WA
Security	Q95870103	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	10-Nov-2016
ISIN	AU000000WES1	Agenda	707409959 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
2.A	RE-ELECTION OF A J HOWARTH	Management	For	For	For
2.B	RE-ELECTION OF W G OSBORN	Management	For	For	For
2.C	RE-ELECTION OF V M WALLACE	Management	For	For	For
2.D	RE-ELECTION OF J A WESTACOTT	Management	For	For	For
3	ADOPTION OF THE REMUNERATION REPORT	Management	For	For	For
4	GRANT OF PERFORMANCE RIGHTS TO THE GROUP MANAGING DIRECTOR	Management	For	For	For
5	GRANT OF PERFORMANCE RIGHTS TO THE FINANCE DIRECTOR	Management	For	For	For

SONIC HEALTHCARE LIMITED, MACQUARIE PARK
Security	Q8563C107	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	17-Nov-2016
ISIN	AU000000SHL7	Agenda	707501171 - Management

Item	Proposal	Proposed by		Vote	Management Recommendation	For/Against Management
1	RE-ELECTION OF DR JANE WILSON AS A DIRECTOR OF THE COMPANY	Management		For	For	For
2	RE-ELECTION OF DR PHILIP DUBOIS AS A DIRECTOR OF THE COMPANY	Management		For	For	For
3	ADOPTION OF THE REMUNERATION REPORT	Management	��	For	For	For
4	APPROVAL OF LONG TERM INCENTIVES FOR DR COLIN GOLDSCHMIDT, MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER	Management		For	For	For
5	APPROVAL OF LONG TERM INCENTIVES FOR MR CHRIS WILKS, FINANCE DIRECTOR AND CHIEF FINANCIAL OFFICER	Management		For	For	For

STEEL AND TUBE HOLDINGS LTD, LOWER HUTT
Security	Q87497105	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	17-Nov-2016
ISIN	NZSUTE0001S5	Agenda	707425321 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT THE DIRECTORS BE AUTHORISED TO FIX THE AUDITORS REMUNERATION FOR THE ENSUING YEAR	Management	For	For	For
2	TO RE-ELECT ANNE URLWIN AS DIRECTOR	Management	For	For	For
3	TO RE-ELECT SIR JOHN ANDERSON AS DIRECTOR	Management	For	For	For

ALEXIUM INTERNATIONAL GROUP LTD, PERTH WA
Security	Q0189A102	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	21-Nov-2016
ISIN	AU000000AJX6	Agenda	707532811 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	ADOPTION OF REMUNERATION REPORT	Management	For	For	For
2	RE-ELECTION OF DIRECTOR - GAVIN REZOS	Management	For	For	For
3	RE-ELECTION OF DIRECTOR - CRAIG METZ	Management	For	For	For
4	ISSUE OF 2015/2016 REMUNERATION SHARES TO NICHOLAS CLARK	Management	For	For	For
5	ISSUE OF 2015/2016 REMUNERATION SHARES TO GAVIN REZOS	Management	For	For	For
6	ADOPTION OF EMPLOYEE SHARE PLAN	Management	For	For	For
7	RE-APPROVAL OF PERFORMANCE RIGHTS PLAN	Management	For	For	For
8	APPROVAL TO ISSUE INCENTIVE SHARES TO EXECUTIVE - NICHOLAS CLARK	Management	For	For	For
9	APPROVAL TO ISSUE LONG TERM INCENTIVES TO EXECUTIVE - NICHOLAS CLARK	Management	For	For	For
10	APPROVAL TO ISSUE SHORT TERM INCENTIVE SHARES TO EXECUTIVE - GAVIN REZOS	Management	For	For	For
11	APPROVAL TO ISSUE LONG TERM INCENTIVES TO EXECUTIVE - GAVIN REZOS	Management	For	For	For
12	NON-EXECUTIVE DIRECTORS’ FEES	Management	For	For	For

HEARTLAND BANK LTD, CHRISTCHURCH
Security	Q45258102	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	22-Nov-2016
ISIN	NZBSHE0001S0	Agenda	707583806 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT BRUCE IRVINE, WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR RE- ELECTION, BE RE-ELECTED AS A DIRECTOR OF HEARTLAND	Management	Abstain	For	Against
2	THAT JOHN HARVEY, WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR RE- ELECTION, BE RE-ELECTED AS A DIRECTOR OF HEARTLAND	Management	Abstain	For	Against
3	THAT VANESSA STODDART, WHO RETIRES AND IS ELIGIBLE FOR ELECTION, BE ELECTED AS A DIRECTOR OF HEARTLAND	Management	Abstain	For	Against
4	THAT THE TOTAL ANNUAL REMUNERATION AVAILABLE TO ALL NON-EXECUTIVE DIRECTORS BE INCREASED FROM NZD1,000,000 TO NZD1,200,000, WITH SUCH SUM TO BE DIVIDED AMONGST THE DIRECTORS AS THE BOARD MAY FROM TIME TO TIME DETERMINE	Management	Abstain	For	Against
5	THAT THE BOARD BE AUTHORISED TO FIX THE REMUNERATION OF HEARTLAND’S AUDITOR, KPMG, FOR THE FOLLOWING YEAR	Management	Abstain	For	Against

SEEK LTD, ST KILDA
Security	Q8382E102	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	24-Nov-2016
ISIN	AU000000SEK6	Agenda	707541199 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
2	REMUNERATION REPORT	Management	For	For	For
3	RE-ELECTION OF DIRECTOR - EMERITUS PROFESSOR DENISE BRADLEY AC	Management	For	For	For
4	RENEWAL OF PROPORTIONAL TAKEOVER PROVISION	Management	For	For	For
5	NON-EXECUTIVE DIRECTORS’ REMUNERATION	Management	For	For	For
6	GRANT OF ONE EQUITY RIGHT TO THE MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER, MR ANDREW BASSAT	Management	For	For	For
7	GRANT OF LTI RIGHTS TO THE MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER, MR ANDREW BASSAT	Management	For	For	For

WOOLWORTHS LTD, BAULKHAM HILLS NSW
Security	Q98418108	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	24-Nov-2016
ISIN	AU000000WOW2	Agenda	707444648 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
2.A	TO ELECT AS A DIRECTOR MS HOLLY KRAMER	Management	For	For	For
2.B	TO ELECT AS A DIRECTOR MS SIOBHAN MCKENNA	Management	For	For	For
2.C	TO ELECT AS A DIRECTOR MS KATHEE TESIJA	Management	For	For	For
3	LONG TERM INCENTIVE GRANT TO MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER	Management	For	For	For
4	ADOPTION OF REMUNERATION REPORT	Management	For	For	For

SCOTT TECHNOLOGY LIMITED, DUNEDIN
Security	Q8381G108	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	01-Dec-2016
ISIN	NZSCTE0001S3	Agenda	707560909 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT MR MARK WALLER BE RE- ELECTED AS A DIRECTOR	Management	Abstain	For	Against
2	THAT MR BRENT EASTWOOD BE ELECTED AS A DIRECTOR	Management	Abstain	For	Against
3	THAT MR EDISON ALVARES BE ELECTED AS A DIRECTOR	Management	Abstain	For	Against
4	THAT MR ANDRE NOGUEIRA BE ELECTED AS A DIRECTOR	Management	Abstain	For	Against
5	THAT DELOITTE BE REAPPOINTED AS AUDITOR OF THE COMPANY AND THE DIRECTORS BE EMPOWERED TO FIX THE AUDITOR’S REMUNERATION	Management	Abstain	For	Against

SANFORD LTD
Security	Q7741K106	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	14-Dec-2016
ISIN	NZSANE0001S0	Agenda	707625111 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	RE-ELECTION OF W BRUCE GOODFELLOW: THAT W BRUCE GOODFELLOW, WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR RE- ELECTION, BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	Abstain	For	Against

2	RE-ELECTION OF PETER KEAN: THAT PETER KEAN, WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR RE- ELECTION, BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	Abstain	For	Against
3	AUDITOR: TO AUTHORISE THE DIRECTORS TO FIX THE FEES AND EXPENSES OF THE AUDITOR (KPMG)	Management	Abstain	For	Against
4	AMENDMENT OF CONSTITUTION: THAT THE COMPANY’S CONSTITUTION BE AMENDED, WITH EFFECT FROM THE CLOSE OF THE ANNUAL MEETING, IN THE MANNER SUMMARISED IN THIS NOTICE OF ANNUAL MEETING (THE SPECIFIC AMENDMENTS BEING IN THE FORM TO BE TABLED AT THE ANNUAL MEETING AND SIGNED BY THE CHAIRMAN OF THE ANNUAL MEETING FOR THE PURPOSES OF IDENTIFICATION)	Management	Abstain	For	Against

NEW ZEALAND OIL & GAS LTD, WELLINGTON
Security	Q67650228	Meeting Type	Special General Meeting
Ticker Symbol		Meeting Date	16-Dec-2016
ISIN	NZNZOE0002S4	Agenda	707629551 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT, SUBJECT TO RESOLUTION 2 BEING PASSED, THE KUPE SALE TRANSACTION, AS DESCRIBED IN THE EXPLANATORY NOTES CONTAINED IN THE NOTICE OF SPECIAL MEETING, BE APPROVED FOR THE PURPOSES OF RULE 9.2.1 OF THE NZX MAIN BOARD/DEBT MARKET LISTING RULES	Management	Abstain	For	Against
2	THAT, SUBJECT TO RESOLUTION 1 BEING PASSED, THE KUPE SALE TRANSACTION, AS DESCRIBED IN THE EXPLANATORY NOTES CONTAINED IN THE NOTICE OF SPECIAL MEETING, BE APPROVED FOR THE PURPOSES OF SECTION 129 OF THE COMPANIES ACT 1993, RULE 9.1.1(B) OF THE NZX MAIN BOARD/DEBT MARKET LISTING RULES AND ALL OTHER PURPOSES	Management	Abstain	For	Against

TOWER LTD, AUCKLAND
Security	Q91556102	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	30-Mar-2017
ISIN	NZTWRE0011S2	Agenda	707825230 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	TO RECORD THE REAPPOINTMENT OF PRICEWATERHOUSECOOPERS AS AUDITOR OF TOWER LIMITED AND TO AUTHORISE THE DIRECTORS TO FIX THE AUDITOR’S REMUNERATION	Management	Abstain	For	Against
2	TO RE-ELECT MICHAEL STIASSNY AS A DIRECTOR	Management	Abstain	For	Against
3	TO RE-ELECT GRAHAM STUART AS A DIRECTOR	Management	Abstain	For	Against

TEAMTALK LTD
Security	Q8869G109	Meeting Type	Special General Meeting
Ticker Symbol		Meeting Date	12-Apr-2017
ISIN	NZTTKE0001S4	Agenda	707904961 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THAT FOR THE PURPOSES OF CLAUSE 21.1(B) OF THE CONSTITUTION OF TEAMTALK LIMITED (“CONSTITUTION”), RULE 9.1.1(B) OF THE NZX LISTING RULES, AND RULE 39(A) OF THE TAKEOVERS CODE, THE SHAREHOLDERS OF TEAMTALK APPROVE THE SALE BY TEAMTALK OF 70% OF THE SHARES IN THE CAPITAL OF BAYCITY COMMUNICATIONS LIMITED (“BAYCITY SHARES”) TO VODAFONE NEW ZEALAND LIMITED ON THE TERMS DESCRIBED IN THIS NOTICE OF MEETING INCLUDING THE GRANTING OF PUT AND CALL OPTIONS FOR THE REMAINING 30% OF THE BAYCITY SHARES	Management	Abstain	For	Against

CBL CORPORATION LIMITED
Security	Q2145C107	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	03-May-2017
ISIN	NZCBLE0001S6	Agenda	708005233 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	TO RECORD THE REAPPOINTMENT OF DELOITTE AS AUDITOR OF THE COMPANY AND TO AUTHORISE THE DIRECTORS TO FIX THE AUDITOR’S FEES AND EXPENSES	Management	Abstain	For	Against

2	THAT SIR JOHN WELLS, WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR RE- ELECTION, BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	Abstain	For	Against
3	THAT MR IAN MARSH, WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR RE- ELECTION, BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	Abstain	For	Against
4	TO RATIFY AND AUTHORISE THE PAYMENT TO SIR JOHN WELLS OF REMUNERATION FOR HIS SERVICE ON THE BOARD OF ASSETINSURE HOLDINGS PTY LIMITED TO THE EXTENT SUCH PAYMENT EXCEEDS THE REMUNERATION CAP (AS DEFINED IN THE EXPLANATORY NOTES OF THE NOTICE OF MEETING)	Management	Abstain	For	Against
5	TO AUTHORISE, FOR THE PURPOSE OF NZX MAIN BOARD LISTING RULE 3.5.1, AN INCREASE IN THE REMUNERATION CAP PER ANNUM AVAILABLE TO DIRECTORS FROM NZD750,000 PLUS EUR 30,000 TO NZD1,500,000 (AN INCREASE OF APPROXIMATELY NZD700,000), TO BE PAID AND ALLOCATED TO THE DIRECTORS AS AND WHEN THE BOARD CONSIDERS APPROPRIATE	Management	Abstain	For	Against

QBE INSURANCE GROUP LTD, SYDNEY NSW
Security	Q78063114	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	03-May-2017
ISIN	AU000000QBE9	Agenda	707925648 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
2	TO ADOPT THE REMUNERATION REPORT	Management	For	For	For
3	TO INCREASE THE MAXIMUM AGGREGATE FEES PAYABLE TO NON- EXECUTIVE DIRECTORS	Management	For	For	For
4.A	TO RE-ELECT MR M BECKER AS A DIRECTOR	Management	For	For	For
4.B	TO ELECT MS K LISSON AS A DIRECTOR	Management	For	For	For
4.C	TO ELECT MR M WILKINS AS A DIRECTOR	Management	For	For	For

THE NEW ZEALAND REFINING COMPANY LTD, RUAKAKA
Security	Q6775H104	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	03-May-2017
ISIN	NZNZRE0001S9	Agenda	708003594 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	AUDITOR’S FEES AND EXPENSES: THAT DIRECTORS BE AUTHORISED TO FIX THE FEES AND EXPENSES OF PRICEWATERHOUSECOOPERS AS AUDITORS TO THE COMPANY FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2017	Management	Abstain	For	Against
2.A	THAT MR S.C. ALLEN, WHO RETIRES BY ROTATION IN ACCORDANCE WITH CLAUSE 8.9 OF THE CONSTITUTION, BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	Abstain	For	Against
2.B	THAT MR M.H. ELLIOTT, WHO RETIRES BY ROTATION IN ACCORDANCE WITH CLAUSE 8.9 OF THE CONSTITUTION, BE RE-ELECTED AS A DIRECTOR OF THE COMPANY	Management	Abstain	For	Against
2.C	ELECTION OF MR P.A. ZEALAND AS A DIRECTOR OF THE COMPANY	Management	Abstain	For	Against
2.D	ELECTION OF MR R. CAVALLO AS A DIRECTOR OF THE COMPANY	Management	Abstain	For	Against
3.A	PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: MOTION FROM MR BRYAN HALLIWELL; APPROVE THE ONLY PRODUCE EXPORT PRODUCTS IF IT CAN DO SO AT A COMMERCIALLY ACCEPTABLE PROFIT AFTER COSTS OF PRODUCTION HAVE BEEN DEDUCTED	Shareholder	Abstain	Against	Against
3.B	PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: MOTION FROM MR HAROLD WAITE; APPROVE THE GAIN SHARING ARRANGEMENT	Shareholder	Abstain	Against	Against

WOODSIDE PETROLEUM LTD, PERTH WA
Security	980228100	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	05-May-2017
ISIN	AU000000WPL2	Agenda	707873130 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
2.A	RE-ELECTION OF MR MICHAEL CHANEY	Management	For	For	For
2.B	ELECTION OF MR LAWRENCE ARCHIBALD	Management	For	For	For
2.C	ELECTION OF MR IAN MACFARLANE	Management	For	For	For
3	REMUNERATION REPORT	Management	For	For	For

4 CONDITIONAL SPILL RESOLUTION: THAT, SUBJECT TO AND CONDITIONAL ON AT LEAST 25% OF THE VOTES CAST ON ITEM 3 BEING CAST AGAINST THE REMUNERATION REPORT: (A) AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY (THE SPILL MEETING) BE HELD WITHIN 90 DAYS OF THE PASSING OF THIS RESOLUTION; (B) ALL OF THE NON-EXECUTIVE DIRECTORS IN OFFICE WHEN THE RESOLUTION TO APPROVE THE DIRECTORS’ REPORT FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 WAS PASSED (BEING MICHAEL CHANEY, LARRY ARCHIBALD, MELINDA CILENTO, FRANK COOPER, CHRISTOPHER HAYNES, IAN MACFARLANE, ANN PICKARD, SARAH RYAN AND GENE TILBROOK) AND WHO REMAIN IN OFFICE AT THE TIME OF THE SPILL MEETING, CEASE TO HOLD OFFICE IMMEDIATELY BEFORE THE END OF THE SPILL MEETING; AND (C) RESOLUTIONS TO APPOINT PERSONS TO OFFICES THAT WILL BE VACATED IMMEDIATELY BEFORE THE END OF THE SPILL MEETING BE PUT TO THE VOTE AT THE SPILL MEETING Shareholder Against Against For

BRISCOE GROUP LTD
Security	Q17964109	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	23-May-2017
ISIN	NZBGRE0001S4	Agenda	707956629 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	RE-ELECTION OF DIRECTOR - DAME ROSANNE MEO	Management	For	For	For
2	ELECTION OF DIRECTOR - ANTHONY (TONY) BATTERTON	Management	For	For	For
3	ELECTION OF DIRECTOR - RICHARD ANDREW (ANDY) COUPE	Management	For	For	For
4	RE-APPOINTMENT OF AUDITORS: PRICEWATERHOUSECOOPERS	Management	For	For	For

G8 EDUCATION LTD, BUNDALL QLD
Security	Q3973C110	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-May-2017
ISIN	AU000000GEM7	Agenda	708096993 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	REMUNERATION REPORT	Management	For	For	For
2	G8 EDUCATION EXECUTIVE INCENTIVE PLAN	Management	For	For	For
3	ISSUE OF PERFORMANCE RIGHTS TO CHIEF EXECUTIVE OFFICER	Management	For	For	For
4	RE-ELECTION OF A DIRECTOR - BRIAN HILTON BAILISON	Management	For	For	For
5	INCREASE IN NON-EXECUTIVE DIRECTOR FEE CAP	Management	For	For	For

MILLENNIUM & COPTHORNE HOTELS NEW ZEALAND LTD, AUC
Security	Q6090X131	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	31-May-2017
ISIN	NZMCKE0004S9	Agenda	708197783 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	TO RE-ELECT DIRECTOR: GRAHAM MCKENZIE	Management	For	For	For
2	TO RE-ELECT DIRECTOR: BK CHIU	Management	For	For	For
3	TO ELECT DIRECTOR: KIAN SENG TAN	Management	For	For	For
4	THAT THE BOARD OF DIRECTORS BE AUTHORISED TO FIX THE AUDITORS’ FEES AND EXPENSES	Management	For	For	For

Africa Fund

Proxy Voting Record

July 1, 2016 – June 30, 2017

EQSTRA HOLDINGS LTD
Security	S2593L102	Meeting Type	Ordinary General Meeting
Ticker Symbol		Meeting Date	11-Jul-2016
ISIN	ZAE000117123	Agenda	707192504 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	APPROVAL OF THE EXCESS ASSETS DISPOSAL	Management	For	For	For
O.2	AUTHORISING RESOLUTION	Management	For	For	For

VODACOM GROUP LIMITED, SOUTH AFRICA
Security	S9453B108	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	19-Jul-2016
ISIN	ZAE000132577	Agenda	707204044 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	ACCEPT FINANCIAL STATEMENTS AND STATUTORY REPORTS FOR THE YEAR ENDED 31 MARCH 2016	Management	For	For	For
O.2	ELECT TILL STREICHERT AS DIRECTOR	Management	For	For	For
O.3	ELECT MARTEN PIETERS AS DIRECTOR	Management	For	For	For
O.4	RE-ELECT SERPIL TIMURAY AS DIRECTOR	Management	For	For	For
O.5	RE-ELECT JOHN OTTY AS DIRECTOR	Management	For	For	For
O.6	RE-ELECT PHILLIP MOLEKETI AS DIRECTOR	Management	For	For	For
O.7	RE-ELECT SHAMEEL AZIZ JOOSUB AS DIRECTOR	Management	For	For	For
O.8	REAPPOINT PRICEWATERHOUSECOOPERS INC AS AUDITORS OF THE COMPANY WITH D VON HOESSLIN AS THE INDIVIDUAL REGISTERED AUDITOR	Management	For	For	For
O.9	APPROVE REMUNERATION PHILOSOPHY	Management	For	For	For
O.10	RE-ELECT DAVID BROWN AS MEMBER OF THE AUDIT, RISK AND COMPLIANCE COMMITTEE	Management	For	For	For
O.11	RE-ELECT PHILLIP MOLEKETI AS MEMBER OF THE AUDIT, RISK AND COMPLIANCE COMMITTEE	Management	For	For	For

O.12	RE-ELECT PRISCILLAH MABELANE AS MEMBER OF THE AUDIT, RISK AND COMPLIANCE COMMITTEE	Management	For	For	For
13S.1	AUTHORISE REPURCHASE OF ISSUED SHARE CAPITAL	Management	For	For	For
14S.2	APPROVE INCREASE IN NON- EXECUTIVE DIRECTORS’ FEES	Management	For	For	For
15S.3	SECTION 44 AND 45 APPROVAL: APPROVE FINANCIAL ASSISTANCE TO STAFF AND EXECUTIVES OF THE GROUP TO SUBSCRIBE FOR OR ACQUIRE OPTIONS OR SECURITIES SHARES IN THE COMPANY	Management	For	For	For

MEDICLINIC INTERNATIONAL PLC, LONDON
Security	G021A5106	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	20-Jul-2016
ISIN	GB00B8HX8Z88	Agenda	707206810 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	TO RECEIVE THE COMPANY’S FINANCIAL STATEMENTS AND THE REPORTS BY THE DIRECTORS AND AUDITOR	Management	For	For	For
2	TO APPROVE THE DIRECTORS’ REMUNERATION REPORT	Management	For	For	For
3	TO DECLARE A FINAL DIVIDEND OF 5.24 PENCE PER ORDINARY SHARE	Management	For	For	For
4	TO RE-ELECT SEAMUS KEATING AS A DIRECTOR	Management	For	For	For
5	TO RE-ELECT IAN TYLER AS A DIRECTOR	Management	For	For	For
6	TO ELECT DANIE MEINTJES AS A DIRECTOR	Management	For	For	For
7	TO ELECT DR EDWIN HERTZOG AS A DIRECTOR	Management	For	For	For
8	TO ELECT JANNIE DURAND AS A DIRECTOR	Management	For	For	For
9	TO ELECT ALAN GRIEVE AS A DIRECTOR	Management	For	For	For
10	TO ELECT PROF DR ROBERT LEU AS A DIRECTOR	Management	For	For	For
11	TO ELECT NANDI MANDELA AS A DIRECTOR	Management	For	For	For
12	TO ELECT TREVOR PETERSEN AS A DIRECTOR	Management	For	For	For
13	TO ELECT DESMOND SMITH AS A DIRECTOR	Management	For	For	For
14	TO RE-APPOINT PWC LLP AS AUDITOR OF THE COMPANY	Management	For	For	For

15	TO AUTHORISE THE AUDIT AND RISK COMMITTEE TO DETERMINE THE AUDITOR’S REMUNERATION	Management	For	For	For
16	TO AUTHORISE THE DIRECTORS TO MAKE POLITICAL DONATIONS	Management	For	For	For
17	TO AUTHORISE THE DIRECTORS TO ALLOT ORDINARY SHARES	Management	For	For	For
18	TO AUTHORISE THE DIRECTORS TO DISAPPLY PRE-EMPTION RIGHTS	Management	For	For	For
19	TO AUTHORISE THE DIRECTORS TO DISAPPLY PRE-EMPTION RIGHTS FOR PURPOSES OF ACQUISITIONS OR CAPITAL INVESTMENTS	Management	For	For	For
20	TO APPROVE THE PURCHASE OF THE COMPANY’S OWN SUBSCRIBER SHARES	Management	For	For	For
21	TO AUTHORISE THE AMENDMENT TO THE ARTICLES OF ASSOCIATION : ARTICLE 103A	Management	For	For	For
22	TO APPROVE THE REDUCTION IN MINIMUM NOTICE PERIOD FOR GENERAL MEETINGS (OTHER THAN ANNUAL GENERAL MEETINGS)	Management	For	For	For

SOVEREIGN FOOD INVESTMENTS LTD
Security	S7989L103	Meeting Type	Ordinary General Meeting
Ticker Symbol		Meeting Date	25-Jul-2016
ISIN	ZAE000009221	Agenda	707220668 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
S.1	SPECIFIC REPURCHASE OF THE REPURCHASE SHARES IN TERMS OF PARAGRAPH 5.69 OF THE LISTINGS REQUIREMENTS	Management	For	For	For
S.2	DIRECTORS’ AUTHORITY TO ISSUE SHARES IN TERMS OF SECTIONS 41(1) AND 41(3) OF THE COMPANIES ACT	Management	For	For	For
S.3	FINANCIAL ASSISTANCE IN TERMS OF SECTIONS 44(3)(A)(II) AND 45(3)(A)(II) OF THE COMPANIES ACT	Management	For	For	For
O.1	SPECIFIC ISSUE OF THE SUBSCRIPTION SHARES IN TERMS OF PARAGRAPH 5.51 OF THE LISTINGS REQUIREMENTS	Management	For	For	For
O.2	APPROVAL OF NEW EXECUTIVE REMUNERATION POLICY	Management	For	For	For

CROOKES BROTHERS LTD, SCOTTBURGH
Security	S1988T100	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Jul-2016
ISIN	ZAE000001434	Agenda	707227888 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	RE-APPOINTMENT OF EXTERNAL AUDITORS : DELOITTE & TOUCHE, WITH THE DESIGNATED AUDITOR CURRENTLY BEING MRS. CAMILLA HOWARD-BROWNE	Management	For	For	For
2.1.1	RE-ELECTION OF NON-EXECUTIVE DIRECTOR - P MNGANGA	Management	For	For	For
2.1.2	RE-ELECTION OF NON-EXECUTIVE DIRECTOR - MT RUTHERFORD	Management	For	For	For
2.1.3	RE-ELECTION OF NON-EXECUTIVE DIRECTOR - RE STEWART	Management	For	For	For
2.2.1	RE-ELECTION OF NON-EXECUTIVE DIRECTOR-JAF HEWAT	Management	For	For	For
2.3.1	ELECTION OF NON-EXECUTIVE DIRECTOR - RGF CHANCE	Management	For	For	For
2.3.2	ELECTION OF NON-EXECUTIVE DIRECTOR-TJ CROOKES	Management	For	For	For
2.3.3	ELECTION OF NON-EXECUTIVE DIRECTOR - TK DENTON	Management	For	For	For
3.1	RE-ELECTION OF AUDIT COMMITTEE MEMBER - MT RUTHERFORD	Management	For	For	For
3.2	RE-ELECTION OF AUDIT COMMITTEE MEMBER - RE STEWART	Management	For	For	For
3.3	RE-ELECTION OF AUDIT COMMITTEE MEMBER - JAF HEWAT	Management	For	For	For
NB.4	REMUNERATION POLICY - NON- BINDING ADVISORY VOTE	Management	For	For	For
5.S.1	AUTHORITY TO REPURCHASE OWN SHARES	Management	For	For	For
6.S.2	REMUNERATION OF NON-EXECUTIVE DIRECTORS	Management	For	For	For
7.S.3	AUTHORITY TO GRANT FINANCIAL ASSISTANCE IN TERMS OF SECTION 44 OF THE COMPANIES ACT	Management	For	For	For
8.S.4	AUTHORITY TO GRANT FINANCIAL ASSISTANCE TO RELATED AND INTER- RELATED COMPANIES IN TERMS OF SECTION 45 OF THE COMPANIES ACT	Management	For	For	For

SOVEREIGN FOOD INVESTMENTS LTD
Security	S7989L103	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	04-Aug-2016
ISIN	ZAE000009221	Agenda	707248212 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	TO RECEIVE AND ADOPT THE COMPANY’S FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2016	Management	For	For	For
O.2	TO RE-ELECT MR JA BESTER AS A NON-EXECUTIVE DIRECTOR TO THE BOARD	Management	For	For	For
O.3	TO CONFIRM THE APPOINTMENT OF DELOITTE AND TOUCHE TO SERVE AS AUDITORS OF THE COMPANY	Management	For	For	For
O.4.1	TO APPOINT THE FOLLOWING INDEPENDENT NON-EXECUTIVE DIRECTOR AS MEMBER OF THE AUDIT AND RISK COMMITTEE: JA BESTER	Management	For	For	For
O.4.2	TO APPOINT THE FOLLOWING INDEPENDENT NON-EXECUTIVE DIRECTOR AS MEMBER OF THE AUDIT AND RISK COMMITTEE: T PRITCHARD	Management	For	For	For
O.4.3	TO APPOINT THE FOLLOWING INDEPENDENT NON-EXECUTIVE DIRECTOR AS MEMBER OF THE AUDIT AND RISK COMMITTEE: CP DAVIES	Management	For	For	For
NB.5	TO PASS A NON-BINDING ADVISORY VOTE ON THE COMPANY’S EXECUTIVE REMUNERATION POLICY	Management	For	For	For
S.1	TO ALLOW THE COMPANY TO PROVIDE ANY DIRECT OR INDIRECT FINANCIAL ASSISTANCE AS CONTEMPLATED IN SECTION 45 OF THE COMPANIES ACT TO ANY ONE OR MORE RELATED OR INTER-RELATED COMPANIES	Management	For	For	For
S.2	TO GRANT THE DIRECTORS THE GENERAL AUTHORITY TO REPURCHASE UP TO 10 PERCENT OF THE COMPANY’S ISSUED SHARES	Management	For	For	For

ASPEN PHARMACARE HOLDINGS PLC
Security	S0754A105	Meeting Type	Ordinary General Meeting
Ticker Symbol		Meeting Date	15-Aug-2016
ISIN	ZAE000066692	Agenda	707276766 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
S.1	AMEND MEMORANDUM OF INCORPORATION	Management	For	For	For
O.1	RE-ELECT JOHN BUCHANAN AS DIRECTOR	Management	For	For	For

ADCORP HOLDINGS LIMITED
Security	S0038H108	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	25-Aug-2016
ISIN	ZAE000000139	Agenda	707288672 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.O.1	ACCEPT FINANCIAL STATEMENTS AND STATUTORY REPORTS FOR THE YEAR ENDED 29 FEBRUARY 2016	Management	For	For	For
2O2.1	ELECT AMITAVA GUHAROY AS DIRECTOR	Management	For	For	For
2O2.2	RE-ELECT MICHAEL SPICER AS DIRECTOR	Management	For	For	For
2O2.3	RE-ELECT NONTOBEKO NDHLAZI AS DIRECTOR	Management	For	For	For
2O2.4	RE-ELECT SINDISIWE MABASO-KOYANA AS DIRECTOR	Management	For	For	For
3O3.1	RE-ELECT TIMOTHY ROSS AS CHAIRMAN OF THE AUDIT AND RISK COMMITTEE	Management	For	For	For
3O3.2	RE-ELECT SINDISIWE MABASO-KOYANA AS MEMBER OF THE AUDIT AND RISK COMMITTEE	Management	For	For	For
3O3.3	RE-ELECT MNCANE MTHUNZI AS MEMBER OF THE AUDIT AND RISK COMMITTEE	Management	For	For	For
3O3.4	RE-ELECT MICHAEL SPICER AS MEMBER OF THE AUDIT AND RISK COMMITTEE	Management	For	For	For
4.O.4	RE-APPOINT DELOITTE TOUCHE AS AUDITORS OF THE COMPANY WITH MLE TSHABALALA AS THE INDIVIDUAL REGISTERED AUDITOR	Management	For	For	For
5.O.5	PLACE AUTHORISED BUT UNISSUED ORDINARY SHARES UNDER CONTROL OF DIRECTORS	Management	For	For	For
6.O.6	APPROVE REMUNERATION POLICY	Management	For	For	For
7.O.7	AUTHORISE RATIFICATION OF APPROVED RESOLUTIONS	Management	For	For	For
8.S.1	APPROVE REMUNERATION OF NON- EXECUTIVE DIRECTORS	Management	For	For	For
9.S.2	AUTHORISE REPURCHASE OF ISSUED SHARE CAPITAL	Management	For	For	For
10S.3	APPROVE FINANCIAL ASSISTANCE FOR THE SUBSCRIPTION OF ANY DEBT SECURITIES AND THE PROVISION OF LOANS OR OTHER FINANCIAL ASSISTANCE TO ELATED AN INTER- RELATED COMPANIES	Management	For	For	For

NASPERS LTD, CAPE TOWN
Security	S53435103	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	26-Aug-2016
ISIN	ZAE000015889	Agenda	707286894 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	ACCEPTANCE OF ANNUAL FINANCIAL STATEMENTS	Management	For	For	For
O.2	CONFIRMATION AND APPROVAL OF PAYMENT OF DIVIDENDS	Management	For	For	For
O.3	REAPPOINTMENT OF PRICEWATERHOUSECOOPERS INC. AS AUDITOR	Management	For	For	For
O.4.1	TO CONFIRM THE APPOINTMENT OF : H J DU TOIT AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
O.4.2	TO CONFIRM THE APPOINTMENT OF : G LIU AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
O.5.1	TO ELECT THE FOLLOWING DIRECTOR : F L N LETELE	Management	For	For	For
O.5.2	TO ELECT THE FOLLOWING DIRECTOR : R OLIVEIRA DE LIMA	Management	For	For	For
O.5.3	TO ELECT THE FOLLOWING DIRECTOR : J D T STOFBERG	Management	For	For	For
O.5.4	TO ELECT THE FOLLOWING DIRECTOR : D MEYER	Management	For	For	For
O.6.1	APPOINTMENT OF THE FOLLOWING AUDIT COMMITTEE MEMBER : D G ERIKSSON	Management	For	For	For
O.6.2	APPOINTMENT OF THE FOLLOWING AUDIT COMMITTEE MEMBER : B J VAN DER ROSS	Management	For	For	For
O.6.3	APPOINTMENT OF THE FOLLOWING AUDIT COMMITTEE MEMBER : R C C JAFTA	Management	For	For	For
O.7	TO ENDORSE THE COMPANY’S REMUNERATION POLICY	Management	For	For	For
O.8	APPROVAL OF GENERAL AUTHORITY PLACING UNISSUED SHARES UNDER THE CONTROL OF THE DIRECTORS	Management	For	For	For
O.9	APPROVAL OF GENERAL ISSUE OF SHARES FOR CASH	Management	For	For	For
O.10	AUTHORISATION TO IMPLEMENT ALL RESOLUTIONS ADOPTED AT THE ANNUAL GENERAL MEETING	Management	For	For	For
S.1.1	APPROVAL OF THE REMUNERATION OF THE NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2018 : BOARD - CHAIR	Management	For	For	For

S.1.2	APPROVAL OF THE REMUNERATION OF THE NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2018 : BOARD - MEMBER	Management	For	For	For
S.1.3	APPROVAL OF THE REMUNERATION OF THE NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2018 : AUDIT COMMITTEE - CHAIR	Management	For	For	For
S.1.4	APPROVAL OF THE REMUNERATION OF THE NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2018 : AUDIT COMMITTEE - MEMBER	Management	For	For	For
S.1.5	APPROVAL OF THE REMUNERATION OF THE NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2018 : RISK COMMITTEE - CHAIR	Management	For	For	For
S.1.6	APPROVAL OF THE REMUNERATION OF THE NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2018 : RISK COMMITTEE - MEMBER	Management	For	For	For
S.1.7	APPROVAL OF THE REMUNERATION OF THE NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2018 : HUMAN RESOURCES AND REMUNERATION COMMITTEE - CHAIR	Management	For	For	For
S.1.8	APPROVAL OF THE REMUNERATION OF THE NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2018 : HUMAN RESOURCES AND REMUNERATION COMMITTEE - MEMBER	Management	For	For	For
S.1.9	APPROVAL OF THE REMUNERATION OF THE NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2018 : NOMINATION COMMITTEE - CHAIR	Management	For	For	For
S1.10	APPROVAL OF THE REMUNERATION OF THE NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2018 : NOMINATION COMMITTEE - MEMBER	Management	For	For	For
S1.11	APPROVAL OF THE REMUNERATION OF THE NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2018 : SOCIAL AND ETHICS COMMITTEE - CHAIR	Management	For	For	For
S1.12	APPROVAL OF THE REMUNERATION OF THE NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2018 : SOCIAL AND ETHICS COMMITTEE - MEMBER	Management	For	For	For

S1.13	APPROVAL OF THE REMUNERATION OF THE NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2018 : TRUSTEES OF GROUP SHARE SCHEMES/OTHER PERSONNEL FUNDS	Management	For	For	For
S.2	APPROVE GENERALLY THE PROVISION OF FINANCIAL ASSISTANCE IN TERMS OF SECTION 44 OF THE ACT	Management	For	For	For
S.3	APPROVE GENERALLY THE PROVISION OF FINANCIAL ASSISTANCE IN TERMS OF SECTION 45 OF THE ACT	Management	For	For	For
S.4	GENERAL AUTHORITY FOR THE COMPANY OR ITS SUBSIDIARIES TO ACQUIRE N ORDINARY SHARES IN THE COMPANY	Management	For	For	For
S.5	GENERAL AUTHORITY FOR THE COMPANY OR ITS SUBSIDIARIES TO ACQUIRE A ORDINARY SHARES IN THE COMPANY	Management	For	For	For
S.6	AMENDMENT TO THE MEMORANDUM OF INCORPORATION: FRACTIONS OF SHARES	Management	For	For	For

INVICTA HOLDINGS LTD, CAPE TOWN
Security	S3914M134	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	30-Aug-2016
ISIN	ZAE000029773	Agenda	707231419 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
S.1	GENERAL AUTHORITY TO REPURCHASE SHARES	Management	For	For	For
S.2.1	REMUNERATION OF NON-EXECUTIVE DIRECTOR: CHAIRMAN OF THE INVICTA BOARD - R701 190 PER ANNUM	Management	For	For	For
S.2.2	REMUNERATION OF NON-EXECUTIVE DIRECTOR: CHAIRMAN OF THE INVICTA AUDIT COMMITTEE - R70 119 PER ANNUM	Management	For	For	For
S.2.3	REMUNERATION OF NON-EXECUTIVE DIRECTOR: MEMBERS OF THE INVICTA BOARD - R32 277 PER MEETING	Management	For	For	For
S.2.4	REMUNERATION OF NON-EXECUTIVE DIRECTOR: MEMBERS OF THE INVICTA AUDIT COMMITTEE - R28 938 PER MEETING	Management	For	For	For
S.2.5	REMUNERATION OF NON-EXECUTIVE DIRECTOR: MEMBERS OF THE INVICTA REMUNERATION COMMITTEE - R26 712 PER ANNUM	Management	For	For	For

S.2.6	REMUNERATION OF NON-EXECUTIVE DIRECTOR: MEMBERS OF THE INVICTA SA BOARD - R15 582 PER MEETING	Management	For	For	For
S.3	APPROVAL OF FINANCIAL ASSISTANCE TO ANY PERSON FOR THE PURPOSES OF, OR IN CONNECTION WITH, THE SUBSCRIPTION OF ANY OPTION, OR ANY SECURITIES, ISSUED OR TO BE ISSUED BY THE COMPANY OR A RELATED OR INTER-RELATED COMPANY OF THE COMPANY	Management	For	For	For
S.4	APPROVAL OF FINANCIAL ASSISTANCE TO ANY COMPANY WHICH IS RELATED OR INTERRELATED TO THE COMPANY	Management	For	For	For
O.1	TO RECEIVE AND CONSIDER THE DIRECTORS’ REPORT, ANNUAL FINANCIAL STATEMENTS OF THE GROUP, AS WELL AS THE AUDIT COMMITTEE REPORT FOR THE YEAR ENDED 31 MARCH 2016	Management	For	For	For
O.2.1	TO RE-ELECT AS DIRECTOR DR CHRISTO WIESE	Management	For	For	For
O.2.2	TO RE-ELECT AS DIRECTOR DAVID SAMUELS	Management	For	For	For
O.2.3	TO RE-ELECT AS DIRECTOR LANCE SHERRELL	Management	For	For	For
O.2.4	TO RE-ELECT AS DIRECTOR ADV JACOB WIESE	Management	For	For	For
O.3	ENDORSEMENT OF THE COMPANY’S REMUNERATION POLICY AND ITS IMPLEMENTATION	Management	For	For	For
O.4	TO PLACE THE AUTHORISED BUT UNISSUED SHARES UNDER THE CONTROL OF THE DIRECTORS	Management	For	For	For
O.5	TO AUTHORISE THE DIRECTORS TO ISSUE SHARES FOR CASH	Management	For	For	For
O.6	TO CONFIRM THE RE-APPOINTMENT OF DELOITTE & TOUCHE AS INDEPENDENT AUDITORS OF THE COMPANY AND T MARRIDAY AS THE DESIGNATED AUDIT PARTNER FOR THE 2017 FINANCIAL YEAR	Management	For	For	For
O.7.1	TO RE-ELECT AS AUDIT COMMITTEE MEMBER DAVID SAMUELS (CHAIRMAN)	Management	For	For	For
O.7.2	TO RE-ELECT AS AUDIT COMMITTEE MEMBER LANCE SHERRELL	Management	For	For	For
O.7.3	TO RE-ELECT AS AUDIT COMMITTEE MEMBER RASHID WALLY	Management	For	For	For

MR. PRICE GROUP LIMITED, DURBAN
Security	S5256M135	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	31-Aug-2016
ISIN	ZAE000200457	Agenda	707227244 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.O.1	ADOPTION OF THE ANNUAL FINANCIAL STATEMENTS	Management	For	For	For
2O2.1	RE-ELECTION OF DIRECTOR RETIRING BY ROTATION: MR SB COHEN	Management	For	For	For
2O2.2	RE-ELECTION OF DIRECTOR RETIRING BY ROTATION: MR K GETZ	Management	For	For	For
2O2.3	RE-ELECTION OF DIRECTOR RETIRING BY ROTATION: MR MJD RUCK	Management	For	For	For
3.O.3	RE-ELECTION OF INDEPENDENT AUDITOR: ERNST & YOUNG INC. BE RE- ELECTED AS THE INDEPENDENT REGISTERED AUDITOR OF THE COMPANY AND THAT MR V PILLAY BE APPOINTED AS THE DESIGNATED REGISTERED AUDITOR TO HOLD OFFICE FOR THE ENSUING YEAR	Management	For	For	For
4O4.1	ELECTION OF MEMBER OF THE AUDIT AND COMPLIANCE COMMITTEE: MR MR JOHNSTON	Management	For	For	For
4O4.2	ELECTION OF MEMBER OF THE AUDIT AND COMPLIANCE COMMITTEE: MS D NAIDOO	Management	For	For	For
4O4.3	ELECTION OF MEMBER OF THE AUDIT AND COMPLIANCE COMMITTEE: MR MJD RUCK	Management	For	For	For
4O4.4	ELECTION OF MEMBER OF THE AUDIT AND COMPLIANCE COMMITTEE: MR WJ SWAIN	Management	For	For	For
5.O.5	NON-BINDING ADVISORY VOTE ON THE REMUNERATION POLICY OF THE COMPANY	Management	For	For	For
6.O.6	ADOPTION OF THE REPORT OF THE SETS COMMITTEE	Management	For	For	For
7.O.7	SIGNATURE OF DOCUMENTS	Management	For	For	For
8.O.8	CONTROL OF AUTHORISED BUT UNISSUED SHARES	Management	For	For	For
9S1.1	INDEPENDENT NON-EXECUTIVE CHAIRMAN OF THE COMPANY: R 1 327 500	Management	For	For	For
9S1.2	HONORARY CHAIRMAN OF THE COMPANY: R 663 750	Management	For	For	For
9S1.3	LEAD DIRECTOR OF THE COMPANY: R 393 000	Management	For	For	For
9S1.4	OTHER DIRECTOR OF THE COMPANY: R 329 250	Management	For	For	For
9S1.5	CHAIRMAN OF THE AUDIT AND COMPLIANCE COMMITTEE: R 205 000	Management	For	For	For

9S1.6	MEMBER OF THE AUDIT AND COMPLIANCE COMMITTEE: R 121 600	Management	For	For	For
9S1.7	CHAIRMAN OF THE REMUNERATION AND NOMINATIONS COMMITTEE: R 167 800	Management	For	For	For
9S1.8	MEMBER OF THE REMUNERATION AND NOMINATIONS COMMITTEE: R 87 650	Management	For	For	For
9S1.9	CHAIRMAN OF THE SOCIAL, ETHICS, TRANSFORMATION AND SUSTAINABILITY COMMITTEE: R 133 800	Management	For	For	For
9S110	MEMBER OF THE SOCIAL, ETHICS, TRANSFORMATION AND SUSTAINABILITY COMMITTEE: R 84 950	Management	For	For	For
10S.2	GENERAL AUTHORITY TO REPURCHASE SHARES	Management	For	For	For
11S.3	SPECIFIC AUTHORITY TO REPURCHASE TREASURY SHARES	Management	For	For	For
12S.4	FINANCIAL ASSISTANCE TO RELATED OR INTER-RELATED COMPANIES	Management	For	For	For
13S51	AMENDMENT OF THE MEMORANDUM OF INCORPORATION: AMENDMENT FOR TIME FRAME ON APPOINTMENT OF PROXY AND VOTING THEREBY	Management	For	For	For
13S52	AMENDMENT OF THE MEMORANDUM OF INCORPORATION: AMENDMENT FOR FRACTIONAL ENTITLEMENT	Management	For	For	For

AFRICAN BANK INVESTMENTS LTD, MIDRAND
Security	S01035112	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	06-Sep-2016
ISIN	ZAE000030060	Agenda	707311229 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.O.1	APPOINTMENT OF AUDITORS: GRANT THORNTON BE APPOINTED AS THE INDEPENDENT AUDITORS OF THE COMPANY	Management	For	For	For
2O2.1	APPOINTMENT OF DR ENOS BANDA AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR	Management	For	For	For
2O2.2	APPOINTMENT OF MR DANIEL VLOK AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR	Management	For	For	For
2O2.3	APPOINTMENT OF MS ALETHEA CONRAD AS AN INDEPENDENT NON- EXECUTIVE DIRECTOR	Management	For	For	For
3O3.1	APPOINTMENT OF MR MORRIS MTHOMBENI AS A MEMBER OF THE AUDIT COMMITTEE	Management	For	For	For

3O3.2	APPOINTMENT OF MR DANIEL VLOK AS A MEMBER OF THE AUDIT COMMITTEE	Management	For	For	For
3O3.3	APPOINTMENT OF MS ALETHEA CONRAD AS A MEMBER OF THE AUDIT COMMITTEE	Management	For	For	For
4.O.4	APPROVAL TO ISSUE ORDINARY SHARES, AND TO SELL TREASURY SHARES, FOR CASH	Management	For	For	For
5.O.5	SIGNATURE OF DOCUMENTS	Management	For	For	For
6.S.1	APPROVAL OF THE NON-EXECUTIVE DIRECTORS’ REMUNERATION	Management	For	For	For
7.S.2	GENERAL APPROVAL TO ACQUIRE ORDINARY SHARES	Management	For	For	For
8.S.3	GENERAL APPROVAL TO ACQUIRE PREFERENCE SHARES	Management	For	For	For
9.S.4	FINANCIAL ASSISTANCE FOR SUBSCRIPTION OF SECURITIES	Management	For	For	For
10S.5	LOANS OR OTHER FINANCIAL ASSISTANCE TO RELATED AND INTER- RELATED ENTITIES	Management	For	For	For
11S.6	CHANGE OF NAME: CHANGE OF THE COMPANY’S NAME FROM “AFRICAN BANK INVESTMENTS LIMITED” TO “AFRICAN PHOENIX INVESTMENTS LIMITED”	Management	For	For	For
12S.7	AMENDMENT TO THE MEMORANDUM OF INCORPORATION OF THE COMPANY	Management	For	For	For

EQSTRA HOLDINGS LTD
Security	S2593L102	Meeting Type	Ordinary General Meeting
Ticker Symbol		Meeting Date	22-Sep-2016
ISIN	ZAE000117123	Agenda	707344026 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
S.1	DISPOSAL	Management	For	For	For
S.2	UNBUNDLING	Management	For	For	For
S.3	AMENDMENT OF THE MEMORANDUM OF INCORPORATION FOR THE COMPANY: ARTICLE 38	Management	For	For	For
S.4	CHANGE OF NAME BY EQSTRA TO EXTRACT GROUP LIMITED	Management	For	For	For
O.1	SPECIFIC ISSUE OF ORDINARY SHARES FOR CASH (EQSTRA SUBSCRIPTION SHARES)	Management	For	For	For
O.2	SPECIFIC ISSUE OF ORDINARY SHARES FOR CASH (ENX CALL OPTION)	Management	For	For	For
O.3	CATEGORY 1 TRANSACTION (DISPOSAL AND UNBUNDLING)	Management	For	For	For

O.4	ISSUE OF THE MCC PREFERENCE SHARES	Management	For	For	For
O.5	ELECTION OF MR JUSTIN COLLING AS A DIRECTOR	Management	For	For	For
O.6	ELECTION OF MR DAVID ALEXANDER GONSALVES CHADINHA AS A DIRECTOR	Management	For	For	For
O.7	ELECTION OF MR MICHAEL SOLOMON TEKE AS A DIRECTOR	Management	For	For	For
O.8	ELECTION OF MR CLINTON STEVEN HALSEY AS A DIRECTOR	Management	For	For	For
O.9	ELECTION OF MS OCTAVIA MATSHIDISO MATLOA AS A DIRECTOR	Management	For	For	For
O.10	ELECTION OF MR SIPHI ABEDNEGO NKOSI AS A DIRECTOR	Management	For	For	For
O.11	GENERAL AUTHORITY	Management	For	For	For

SOVEREIGN FOOD INVESTMENTS LTD
Security	S7989L103	Meeting Type	Ordinary General Meeting
Ticker Symbol		Meeting Date	19-Oct-2016
ISIN	ZAE000009221	Agenda	707444016 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
S.1	SPECIFIC REPURCHASE OF THE REPURCHASE SHARES IN TERMS OF PARAGRAPH 5.69 OF THE LISTINGS REQUIREMENTS	Management	For	For	For
S.2	DIRECTORS’ AUTHORITY TO ISSUE SHARES IN TERMS OF SECTIONS 41(1) AND 41(3) OF THE COMPANIES ACT	Management	For	For	For
S.3	FINANCIAL ASSISTANCE IN TERMS OF SECTIONS 44(3)(A)(II) AND 45(3)(A)(II) OF THE COMPANIES ACT	Management	For	For	For
O.1	SPECIFIC ISSUE OF THE SUBSCRIPTION SHARES IN TERMS OF PARAGRAPH 5.51 OF THE LISTINGS REQUIREMENTS	Management	For	For	For
O.2	APPROVAL OF NEW EXECUTIVE REMUNERATION POLICY	Management	For	For	For

VALUE GROUP LTD
Security	S91792101	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	19-Oct-2016
ISIN	ZAE000016507	Agenda	707346006 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1.1	APPROVAL OF RE-ELECTION OF DIRECTOR: DR NM PHOSA	Management	For	For	For
O.1.2	APPROVAL OF RE-ELECTION OF DIRECTOR: MR VW MCOBOTHI	Management	For	For	For
O.2.1	APPROVAL OF ELECTION OF AUDIT AND RISK COMMITTEE MEMBER: MR IM GROVES (CHAIRMAN)	Management	For	For	For
O.2.2	APPROVAL OF ELECTION OF AUDIT AND RISK COMMITTEE MEMBER: MR VW MCOBOTHI	Management	For	For	For
O.2.3	APPROVAL OF ELECTION OF AUDIT AND RISK COMMITTEE MEMBER: MR CD STEIN	Management	For	For	For
O.3	APPROVAL OF REAPPOINTMENT OF EXTERNAL AUDITOR: BAKER TILLY SVG REPRESENTED BY MR L VROOM AS THE AUDIT PARTNER	Management	For	For	For
O.4	APPROVAL OF THE REMUNERATION POLICY BY WAY OF A NON-BINDING ADVISORY VOTE	Management	For	For	For
O.5	APPROVAL OF GENERAL AUTHORITY TO DIRECTORS TO ALLOT AND ISSUE AUTHORISED BUT UNISSUED ORDINARY SHARES	Management	For	For	For
O.6	APPROVAL OF AUTHORITY TO ALLOT AND ISSUE SHARES FOR CASH	Management	For	For	For
O.7	APPROVAL OF SIGNING AUTHORITY	Management	For	For	For
S.1	APPROVAL OF GENERAL AUTHORITY TO ACQUIRE (REPURCHASE) COMPANY SHARES	Management	For	For	For
S.2	APPROVAL OF THE REMUNERATION OF THE NON-EXECUTIVE DIRECTORS	Management	For	For	For
S.3	AUTHORITY TO PROVIDE FINANCIAL ASSISTANCE TO ANY COMPANY OR CORPORATION WHICH IS RELATED OR INTERRELATED TO THE COMPANY	Management	For	For	For

CLIENTELE LTD, MORNINGSIDE
Security	S1785E108	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	27-Oct-2016
ISIN	ZAE000117438	Agenda	707436780 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	PRESENTATION OF THE ANNUAL FINANCIAL STATEMENTS	Management	For	For	For
O.2	ROTATION OF A DIRECTOR: BONGE YANDISWA MKHONDO	Management	For	For	For
O.3	ROTATION OF A DIRECTOR: DINEO MOLEFE	Management	For	For	For
O.4	ROTATION OF A DIRECTOR: PHELADI RAESIBE GWANGWA	Management	For	For	For

O.5	ROTATION OF A DIRECTOR: BRENDA- LEE FRODSHAM	Management	For	For	For
O.6	RE-APPOINTMENT OF THE EXTERNAL AUDITORS	Management	For	For	For
O.7	ELECTION TO THE GROUP AUDIT COMMITTEE: GAVIN QUENTIN ROUTLEDGE	Management	For	For	For
O.8	ELECTION TO THE GROUP AUDIT COMMITTEE: ROBERT DONALD WILLIAMS	Management	For	For	For
O.9	ELECTION TO THE GROUP AUDIT COMMITTEE: BARRY ANTHONY STOTT	Management	For	For	For
O.10	ELECTION TO THE GROUP AUDIT COMMITTEE: DINEO MOLEFE	Management	For	For	For
O.11	GENERAL APPROVAL FOR THE ISSUE OF AUTHORISED BUT UNISSUED SHARES	Management	For	For	For
O.12	APPROVAL OF THE SAR SCHEME SHARE ISSUE	Management	For	For	For
O.13	APPROVAL OF THE BONUS RIGHTS SCHEME SHARE ISSUE	Management	For	For	For
O.14	DIRECTOR AUTHORITY TO GIVE EFFECT TO SPECIAL RESOLUTION 4	Management	For	For	For
NB.1	ENDORSEMENT OF THE REMUNERATION POLICY	Management	For	For	For
S.1	APPROVAL OF THE REMUNERATION OF NON-EXECUTIVE DIRECTORS	Management	For	For	For
S.2	APPROVAL OF SECTION 45 RELATED OR INTER-RELATED COMPANY FINANCIAL ASSISTANCE	Management	For	For	For
S.3	APPROVAL OF GENERAL AUTHORITY TO REPURCHASE SECURITIES	Management	For	For	For
S.4	APPROVAL OF SECTION 44 FINANCIAL ASSISTANCE FOR THE SUBSCRIPTION OF SHARES	Management	For	For	For

MURRAY & ROBERTS HOLDINGS LTD
Security	S52800133	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	03-Nov-2016
ISIN	ZAE000073441	Agenda	707443622 - Management

Item	Proposal	��	Proposed by	Vote	Management Recommendation	For/Against Management
1.O.1	ELECTION OF R HAVENSTEIN AS A DIRECTOR		Management	For	For	For
2.O.2	ELECTION OF HJ LAAS AS A DIRECTOR		Management	For	For	For
3.O.3	ELECTION OF N LANGA-ROYDS AS A DIRECTOR		Management	For	For	For
4.O.4	ELECTION OF M SELLO AS A DIRECTOR		Management	For	For	For

5.O.5	ELECTION OF KW SPENCE AS A DIRECTOR	Management	For	For	For
6.O.6	RESOLVED THAT DELOITTE & TOUCHE, WITH THE DESIGNATED AUDIT PARTNER BEING GRAEME BERRY, BE AND IS HEREBY RE-APPOINTED AS AUDITORS OF THE GROUP FOR THE ENSUING YEAR	Management	For	For	For
7.O.7	APPROVE THE REMUNERATION POLICY	Management	For	For	For
8.O.8	APPOINTMENT OF DD BARBER AS MEMBER OF THE AUDIT & SUSTAINABILITY COMMITTEE	Management	For	For	For
9.O.9	APPOINTMENT OF SP KANA AS MEMBER AND CHAIRMAN OF THE AUDIT & SUSTAINABILITY COMMITTEE	Management	For	For	For
10O10	APPOINTMENT OF KW SPENCE AS MEMBER OF THE AUDIT & SUSTAINABILITY COMMITTEE	Management	For	For	For
11S.1	FEES PAYABLE TO NON-EXECUTIVE DIRECTORS	Management	For	For	For
12S.2	GENERAL AUTHORITY TO REPURCHASE SHARES	Management	For	For	For
13S.3	FINANCIAL ASSISTANCE TO RELATED OR INTER-RELATED COMPANIES	Management	For	For	For
14S.4	AMENDMENTS TO THE MEMORANDUM OF INCORPORATION ARTICLE 4.3.3, 4.3.2, 5.1, 16.3.3, 16.3.6	Management	For	For	For

RCL FOODS LIMITED, WESTVILLE
Security	S6835P102	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	08-Nov-2016
ISIN	ZAE000179438	Agenda	707436451 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	ADOPTION OF ANNUAL FINANCIAL STATEMENTS	Management	For	For	For
O.2.1	RE-ELECTION OF DIRECTOR: MR RV SMITHER	Management	For	For	For
O.2.2	RE-ELECTION OF DIRECTOR: MR JJ DURAND	Management	For	For	For
O.2.3	RE-ELECTION OF DIRECTOR: MR PR LOUW	Management	For	For	For
O.2.4	RE-ELECTION OF DIRECTOR: MR GC ZONDI	Management	For	For	For
O.2.5	RE-ELECTION OF DIRECTOR: MR NP MAGEZA	Management	For	For	For
O.3	RE-APPOINTMENT OF EXTERNAL AUDITORS: PRICEWATERHOUSECOOPERS INCORPORATED	Management	For	For	For

O.4.1	ELECTION OF MEMBER OF THE AUDIT COMMITTEE: MR NP MAGEZA	Management	For	For	For
O.4.2	ELECTION OF MEMBER OF THE AUDIT COMMITTEE: MR DTV MSIBI	Management	For	For	For
O.4.3	ELECTION OF MEMBER OF THE AUDIT COMMITTEE: MR RV SMITHER	Management	For	For	For
O.5	CONTROL OF AUTHORISED BUT UNISSUED SHARES	Management	For	For	For
O.6	NON-BINDING ADVISORY VOTE IN RESPECT OF THE GROUP REMUNERATION POLICY	Management	For	For	For
O.7	ENABLING RESOLUTION	Management	For	For	For
O.8	APPROVAL OF AMENDMENTS TO EXISTING CONDITIONAL SHARE PLAN	Management	For	For	For
S.1	FINANCIAL ASSISTANCE IN TERMS OF SECTIONS 44 AND 45 OF THE COMPANIES ACT 2008	Management	For	For	For
S.2	APPROVAL OF NON-EXECUTIVE DIRECTORS’ REMUNERATION	Management	For	For	For
S.3	AMENDMENTS TO EXISTING MEMORANDUM OF INCORPORATION: CLAUSE 1, 7.3 AND 16.2 TO 16.4	Management	For	For	For

COMAIR LTD
Security	S1787H117	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	10-Nov-2016
ISIN	ZAE000029823	Agenda	707442656 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.O.1	CONSIDERATION OF THE ANNUAL FINANCIAL STATEMENTS	Management	Abstain	For	Against
2.O.2	RE-APPOINTMENT OF EXTERNAL AUDITORS: GRANT THORNTON JOHANNESBURG PARTNERSHIP (“GRANT THORNTON”)	Management	Abstain	For	Against
3O3.1	TO RE-ELECT THE FOLLOWING DIRECTOR: KI MAMPEULE	Management	Abstain	For	Against
3O3.2	TO RE-ELECT THE FOLLOWING DIRECTOR: WD STANDER	Management	Abstain	For	Against
3O3.3	TO RE-ELECT THE FOLLOWING DIRECTOR: MN LOUW	Management	Abstain	For	Against
3O3.4	TO RE-ELECT THE FOLLOWING DIRECTOR: N LI	Management	Abstain	For	Against
3O3.5	TO RE-ELECT THE FOLLOWING DIRECTOR: C LUO	Management	Abstain	For	Against
3O3.6	TO RE-ELECT THE FOLLOWING DIRECTOR: P MAHANYELE	Management	Abstain	For	Against
3O3.7	TO RE-ELECT THE FOLLOWING DIRECTOR: N MAHARAJH	Management	Abstain	For	Against

4O4.1	TO ELECT THE FOLLOWING DIRECTOR TO THE AUDIT COMMITTEE: N MAHARAJH	Management	Abstain	For	Against
4O4.2	TO ELECT THE FOLLOWING DIRECTOR TO THE AUDIT COMMITTEE: WD STANDER	Management	Abstain	For	Against
4O4.3	TO ELECT THE FOLLOWING DIRECTOR TO THE AUDIT COMMITTEE: KI MAMPEULE	Management	Abstain	For	Against
4O4.4	TO ELECT THE FOLLOWING DIRECTOR TO THE AUDIT COMMITTEE: PJ WELGEMOED	Management	Abstain	For	Against
4O4.5	TO ELECT THE FOLLOWING DIRECTOR TO THE AUDIT COMMITTEE: GJ HALLIDAY	Management	Abstain	For	Against
5NB.1	NON-BINDING ENDORSEMENT OF COMPANY’S REMUNERATION POLICY	Management	Abstain	For	Against
6.S.1	APPROVAL OF NON-EXECUTIVE DIRECTORS’ REMUNERATION 2015/2016	Management	Abstain	For	Against
7.S.2	APPROVAL OF NON-EXECUTIVE DIRECTORS’ REMUNERATION 2016/2017	Management	Abstain	For	Against
8.S.3	GENERAL AUTHORITY TO REPURCHASE SHARES	Management	Abstain	For	Against
9.S.4	GENERAL AUTHORITY TO PROVIDE FINANCIAL ASSISTANCE TO RELATED AND INTER-RELATED COMPANIES AND CORPORATIONS	Management	Abstain	For	Against
10S.5	AMENDMENT TO COMPANY MOI TO PROVIDE FOR ROUNDING DOWN OF FRACTIONAL ENTITLEMENTS OF SHARES TO NEAREST WHOLE NUMBERS AND CASH PAYMENTS OF FRACTIONS: ARTICLES: 15.3, 16.1, 17	Management	Abstain	For	Against
11S.6	AMENDMENT TO COMPANY MOI TO PROVIDE FOR WRITTEN RESOLUTIONS OF SHAREHOLDERS: ARTICLES: 30.5, 30.6	Management	Abstain	For	Against
12O.5	AUTHORISATION FOR COMPANY SECRETARY OR ANY OTHER DIRECTOR TO SIGN NECESSARY DOCUMENTS TO GIVE EFFECT TO RESOLUTIONS	Management	Abstain	For	Against

BID CORPORATION LIMITED, JOHANNESBURG
Security	S11881109	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	11-Nov-2016
ISIN	ZAE000216537	Agenda	707446806 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	TO REAPPOINT EXTERNAL AUDITORS: KPMG AS AUDITORS OF THE COMPANY WITH MOHAMMED HASSAN AS THE INDIVIDUAL REGISTERED AUDITOR	Management	For	For	For
O.2.1	DIRECTORS APPOINTED DURING THE YEAR BL BERSON	Management	For	For	For
O.2.2	DIRECTORS APPOINTED DURING THE YEAR PC BALOYI	Management	For	For	For
O.2.3	DIRECTORS APPOINTED DURING THE YEAR DDB BAND	Management	For	For	For
O.2.4	DIRECTORS APPOINTED DURING THE YEAR NG PAYNE	Management	For	For	For
O.2.5	DIRECTORS APPOINTED DURING THE YEAR H WISEMAN	Management	For	For	For
O.2.6	DIRECTORS APPOINTED DURING THE YEAR DD MOKGATLE	Management	For	For	For
O.2.7	DIRECTORS RETIRING BY ROTATION, AVAILABLE FOR REELECTION DE CLEASBY	Management	For	For	For
O.2.8	DIRECTORS RETIRING BY ROTATION, AVAILABLE FOR REELECTION B JOFFE	Management	For	For	For
O.3.1	ELECTION OF AUDIT AND RISK COMMITTEE MEMBERS PC BALOYI	Management	For	For	For
O.3.2	ELECTION OF AUDIT AND RISK COMMITTEE MEMBERS NG PAYNE	Management	For	For	For
O.3.3	ELECTION OF AUDIT AND RISK COMMITTEE MEMBERS H WISEMAN	Management	For	For	For
O.4.1	ENDORSEMENT OF REMUNERATION POLICY ON BASE PACKAGE AND BENEFITS	Management	For	For	For
O.4.2	ENDORSEMENT OF REMUNERATION POLICY ON SHORT-TERM INCENTIVES	Management	For	For	For
O.4.3	ENDORSEMENT OF REMUNERATION POLICY ON LONG-TERM INCENTIVES	Management	For	For	For
O.5	GENERAL AUTHORITY TO DIRECTORS TO ALLOT AND ISSUE AUTHORISED BUT UNISSUED ORDINARY SHARES	Management	For	For	For
O.6	GENERAL AUTHORITY TO ISSUE SHARES FOR CASH	Management	For	For	For
O.7	PRO RATA REDUCTION OF STATED CAPITAL IN LIEU OF DIVIDEND	Management	For	For	For
O.8	CREATION AND ISSUE OF CONVERTIBLE DEBENTURES	Management	For	For	For
O.9	DIRECTORS AUTHORITY TO IMPLEMENT SPECIAL AND ORDINARY RESOLUTIONS	Management	For	For	For
S.1	GENERAL AUTHORITY TO ACQUIRE REPURCHASE SHARES	Management	For	For	For
S.2	APPROVAL OF NON-EXECUTIVE DIRECTORS REMUNERATION 2016 2017	Management	For	For	For

WILSON BAYLY HOLMES - OVCON LTD, SANDTON

Security	S5923H105	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	16-Nov-2016
ISIN	ZAE000009932	Agenda	707536477 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	RE-APPOINTMENT OF THE AUDITORS: RESOLVED, UPON THE RECOMMENDATION OF THE AUDIT COMMITTEE, THAT BDO SOUTH AFRICA INC. BE RE-APPOINTED AS THE INDEPENDENT EXTERNAL AUDITORS OF THE COMPANY AND MRS J ROBERTS, AS THE PARTNER, IS HEREBY APPOINTED AS THE DESIGNATED AUDITOR TO HOLD OFFICE FOR THE ENSUING YEAR	Management	Abstain	For	Against
O.2	ELECTION OF MS N DAMASANE AS DIRECTOR	Management	Abstain	For	Against
O.3	RE-ELECTION OF MS NS MAZIYA AS DIRECTOR	Management	Abstain	For	Against
O.4.1	APPOINTMENT OF MS AN MATYUMZA AS AUDIT COMMITTEE MEMBER	Management	Abstain	For	Against
O.4.2	APPOINTMENT OF MS N DAMASANE AS AUDIT COMMITTEE MEMBER	Management	Abstain	For	Against
O.4.3	APPOINTMENT OF MR RW GARDINER AS AUDIT COMMITTEE MEMBER	Management	Abstain	For	Against
O.5	APPOINTMENT OF MS N DAMASANE AS SOCIAL AND ETHICS COMMITTEE CHAIRPERSON	Management	Abstain	For	Against
O.6	ENDORSEMENT OF REMUNERATION POLICY	Management	Abstain	For	Against
O.7	PLACING UNISSUED SHARES UNDER THE CONTROL OF THE DIRECTORS	Management	Abstain	For	Against
O.8	DIRECTORS’ AUTHORITY TO IMPLEMENT SPECIAL AND ORDINARY RESOLUTIONS	Management	Abstain	For	Against
S.1	APPROVAL OF DIRECTORS’ FEES FOR 2016/2017 FINANCIAL YEAR	Management	Abstain	For	Against
S.2	AUTHORITY TO PROVIDE FINANCIAL ASSISTANCE IN TERMS OF SECTION 44 AND 45 OF THE ACT	Management	Abstain	For	Against
S.3	GENERAL APPROVAL TO REPURCHASE COMPANY	Management	Abstain	For	Against

Account Number	Account Name	Internal Account	Custodian	Ballot Shares	Unavailable Shares	Vote Date	Date Confirmed
353839	FIFTH THIRD FCA AFRICA	353839	BANK OF NEW YORK MELLON	3,000	0

EQSTRA HOLDINGS LTD
Security	S2593L102	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	24-Nov-2016
ISIN	ZAE000117123	Agenda	707561002 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	ELECTION OF MR ZB SWANEPOEL AS NON-EXECUTIVE DIRECTOR	Management	Abstain	For	Against
O.2	ELECTION OF MR JL SERFONTEIN AS NON-EXECUTIVE DIRECTOR	Management	Abstain	For	Against
O.3	RE-APPOINTMENT OF EXTERNAL AUDITORS DELOITTE & TOUCHE	Management	Abstain	For	Against
O.4	ELECTION OF MR CS HALSEY AS MEMBER OF AUDIT COMMITTEE	Management	Abstain	For	Against
O.5	ELECTION OF MR SA NKOSI AS MEMBER OF AUDIT COMMITTEE	Management	Abstain	For	Against
O.6	ELECTION OF MRS OM MATLOA AS MEMBER OF AUDIT COMMITTEE	Management	Abstain	For	Against
NB.7	NON-BINDING APPROVAL OF REMUNERATION POLICY	Management	Abstain	For	Against
O.8	GENERAL AUTHORITY	Management	Abstain	For	Against
S.1	NON-EXECUTIVE DIRECTORS’ FEES	Management	Abstain	For	Against
S.2	NON-EXECUTIVE DIRECTORS’ COMMITTEE FEES	Management	Abstain	For	Against
S.3	GENERAL AUTHORITY TO REPURCHASE SHARES	Management	Abstain	For	Against
S.4	FINANCIAL ASSISTANCE IN TERMS OF SECTION 44 OF THE COMPANIES ACT	Management	Abstain	For	Against
S.5	FINANCIAL ASSISTANCE IN TERMS OF SECTION 45 OF THE COMPANIES ACT	Management	Abstain	For	Against

PINNACLE HOLDINGS LIMITED, MIDRAND
Security	S61058129	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	25-Nov-2016
ISIN	ZAE000184149	Agenda	707425206 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
S.1	ISSUE OF A GENERAL AUTHORITY FOR THE COMPANY TO REPURCHASE ITS OWN SHARES	Management	For	For	For
S.2	ISSUE OF A GENERAL AUTHORITY TO PROVIDE FINANCIAL ASSISTANCE IN TERMS OF SECTION 44 OF THE COMPANIES ACT	Management	For	For	For
S.3	ISSUE OF A GENERAL AUTHORITY TO PROVIDE FINANCIAL ASSISTANCE TO ANY OF ITS SUBSIDIARIES	Management	For	For	For

S.4	ISSUE OF A SPECIFIC AUTHORITY TO REPURCHASE ORDINARY SHARES FROM PINNACLE TREASURY SERVICES (PTY) LTD	Management	For	For	For
S.5	APPROVAL TO CHANGE THE COMPANY’S NAME FROM PINNACLE HOLDINGS LIMITED TO ALVIVA HOLDINGS LIMITED	Management	For	For	For
S.6	APPROVAL OF THE FEE STRUCTURE TO BE PAID TO NON-EXECUTIVE DIRECTORS	Management	For	For	For
S.7	ADOPTION OF A NEW SHARE PLAN	Management	For	For	For
O.1.1	RE-APPOINTMENT OF MR A TUGENDHAFT AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
O.1.2	RE-APPOINTMENT OF MS N MEDUPE AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR	Management	For	For	For
O.2.1	APPOINTMENT OF THE AUDIT AND RISK COMMITTEE MEMBER : MS N MEDUPE - CHAIRPERSON	Management	For	For	For
O.2.2	APPOINTMENT OF THE AUDIT AND RISK COMMITTEE MEMBER : MS SH CHABA - MEMBER	Management	For	For	For
O.2.3	APPOINTMENT OF THE AUDIT AND RISK COMMITTEE MEMBER : MR B SIBIYA - MEMBER	Management	For	For	For
O.3	APPROVAL TO RE-APPOINT SIZWENTSALUBAGOBODO INCORPORATED AND MR A PHILIPPOU AS AUDITORS	Management	For	For	For
O.4	ENDORSEMENT OF THE COMPANY’S REMUNERATION POLICY AND ITS IMPLEMENTATION	Management	For	For	For
O.5	AUTHORISATION OF THE DIRECTORS TO IMPLEMENT THE SPECIAL AND ORDINARY RESOLUTIONS	Management	For	For	For
O.6	GENERAL AUTHORISATION TO PLACE UNISSUED SHARES UNDER THE CONTROL OF THE DIRECTORS	Management	For	For	For
O.7	GENERAL AUTHORISATION TO ISSUE SHARES FOR CASH	Management	For	For	For

SASOL LIMITED
Security	803866300	Meeting Type	Annual
Ticker Symbol	SSL	Meeting Date	25-Nov-2016
ISIN	US8038663006	Agenda	934497973 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
3.1	ELECTION OF DIRECTOR RETIRING IN TERMS OF CLAUSE 22.2.1 OF THE COMPANY’S MEMORANDUM OF INCORPORATION: C BEGGS	Management	Abstain	For	Against
3.2	ELECTION OF DIRECTOR RETIRING IN TERMS OF CLAUSE 22.2.1 OF THE COMPANY’S MEMORANDUM OF INCORPORATION: HG DIJKGRAAF	Management	Abstain	For	Against
3.3	ELECTION OF DIRECTOR RETIRING IN TERMS OF CLAUSE 22.2.1 OF THE COMPANY’S MEMORANDUM OF INCORPORATION: MJN NJEKE	Management	Abstain	For	Against
3.4	ELECTION OF DIRECTOR RETIRING IN TERMS OF CLAUSE 22.2.1 OF THE COMPANY’S MEMORANDUM OF INCORPORATION: B NQWABABA	Management	Abstain	For	Against
3.5	ELECTION OF DIRECTOR RETIRING IN TERMS OF CLAUSE 22.2.1 OF THE COMPANY’S MEMORANDUM OF INCORPORATION: PJ ROBERTSON	Management	Abstain	For	Against
4.1	ELECTION OF DIRECTOR WHO WERE APPOINTED BY THE BOARD AFTER THE PREVIOUS ANNUAL GENERAL MEETING IN TERMS OF CLAUSE 22.4.1 OF THE COMPANY’S MEMORANDUM OF INCORPORATION: SR CORNELL	Management	Abstain	For	Against
4.2	ELECTION OF DIRECTOR WHO WERE APPOINTED BY THE BOARD AFTER THE PREVIOUS ANNUAL GENERAL MEETING IN TERMS OF CLAUSE 22.4.1 OF THE COMPANY’S MEMORANDUM OF INCORPORATION: MJ CUAMBE	Management	Abstain	For	Against
4.3	ELECTION OF DIRECTOR WHO WERE APPOINTED BY THE BOARD AFTER THE PREVIOUS ANNUAL GENERAL MEETING IN TERMS OF CLAUSE 22.4.1 OF THE COMPANY’S MEMORANDUM OF INCORPORATION: P VICTOR	Management	Abstain	For	Against
5.	TO APPOINT PRICEWATERHOUSECOOPERS INC TO ACT AS INDEPENDENT AUDITOR OF THE COMPANY UNTIL THE END OF THE NEXT ANNUAL GENERAL MEETING.	Management	Abstain	For	Against
6.1	TO ELECT THE MEMBER OF THE AUDIT COMMITTEE: C BEGGS (SUBJECT TO HIM BEING RE-ELECTED AS A DIRECTOR)	Management	Abstain	For	Against
6.2	TO ELECT THE MEMBER OF THE AUDIT COMMITTEE: NNA MATYUMZA	Management	Abstain	For	Against
6.3	TO ELECT THE MEMBER OF THE AUDIT COMMITTEE: IN MKHIZE	Management	Abstain	For	Against

6.4	TO ELECT THE MEMBER OF THE AUDIT COMMITTEE: MJN NJEKE (SUBJECT TO HIM BEING RE-ELECTED AS A DIRECTOR)	Management	Abstain	For	Against
6.5	TO ELECT THE MEMBER OF THE AUDIT COMMITTEE: S WESTWELL	Management	Abstain	For	Against
7.	TO ENDORSE, ON A NON-BINDING ADVISORY BASIS, THE COMPANY’S REMUNERATION POLICY.	Management	Abstain	For	Against
8.	SPECIAL RESOLUTION NUMBER 1 - TO APPROVE THE ADOPTION OF A SHARE INCENTIVE SCHEME FOR THE BENEFIT OF EMPLOYEES OF THE SASOL GROUP.	Management	Abstain	For	Against
9.	SPECIAL RESOLUTION NUMBER 2 - TO APPROVE THE ISSUE OF 32 500 000 ORDINARY SHARES PURSUANT TO THE RULES OF THE SASOL LONG-TERM INCENTIVE PLAN.	Management	Abstain	For	Against
10.	SPECIAL RESOLUTION NUMBER 3 - TO APPROVE THE REMUNERATION PAYABLE TO NON-EXECUTIVE DIRECTORS OF THE COMPANY FOR THEIR SERVICES AS DIRECTORS FOR THE PERIOD 1 JULY 2016 UNTIL THIS RESOLUTION IS REPLACED.	Management	Abstain	For	Against
11.	SPECIAL RESOLUTION NUMBER 4 - TO APPROVE FINANCIAL ASSISTANCE TO BE GRANTED BY THE COMPANY IN TERMS OF SECTIONS 44 AND 45 OF THE COMPANIES ACT.	Management	Abstain	For	Against
12.	SPECIAL RESOLUTION NUMBER 5 - TO AMEND CLAUSE 9.1 OF THE COMPANY’S MEMORANDUM OF INCORPORATION.	Management	Abstain	For	Against
13.	SPECIAL RESOLUTION NUMBER 6 - TO AMEND CLAUSE 22.2 OF THE COMPANY’S MEMORANDUM OF INCORPORATION.	Management	Abstain	For	Against
14.	SPECIAL RESOLUTION NUMBER 7 - TO DELETE CLAUSE 23.1.12 OF THE COMPANY’S MEMORANDUM OF INCORPORATION.	Management	Abstain	For	Against
15.	SPECIAL RESOLUTION NUMBER 8 - TO AUTHORISE THE BOARD TO APPROVE THE GENERAL REPURCHASE BY THE COMPANY OR PURCHASE BY ANY OF ITS SUBSIDIARIES, OF ANY OF THE COMPANY’S ORDINARY SHARES.	Management	Abstain	For	Against

16. SPECIAL RESOLUTION NUMBER 9 - TO AUTHORISE THE BOARD TO APPROVE THE PURCHASE BY THE COMPANY (AS PART OF A GENERAL REPURCHASE IN ACCORDANCE WITH SPECIAL RESOLUTION NUMBER 8), OF ITS ISSUED SHARES FROM A DIRECTOR AND/OR A PRESCRIBED OFFICER OF THE COMPANY, AND/OR PERSONS RELATED TO A DIRECTOR OR PRESCRIBED OFFICER OF THE COMPANY. Management Abstain For Against

BIDVEST GROUP LTD, JOHANNESBURG
Security	S1201R162	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	28-Nov-2016
ISIN	ZAE000117321	Agenda	707556708 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	TO RE-APPOINT THE EXTERNAL AUDITORS: RESOLVED THAT THE RE- APPOINTMENT OF DELOITTE & TOUCHE, AS NOMINATED BY THE GROUP’S AUDIT COMMITTEE, AS THE INDEPENDENT EXTERNAL AUDITOR OF THE GROUP. IT IS NOTED THAT MR MARK HOLME IS THE INDIVIDUAL REGISTERED AUDITOR WHO WILL UNDERTAKE THE AUDIT FOR THE FINANCIAL YEAR ENDING JUNE 30 2017, BEING THE DESIGNATED AUDITOR	Management	Abstain	For	Against
O.2.1	RE-ELECTION OF DIRECTOR, APPOINTED DURING THE YEAR - HP MEIJER	Management	Abstain	For	Against
O.2.2	RE-ELECTION OF DIRECTOR RETIRING BY ROTATION AND AVAILABLE FOR RE- ELECTION - B JOFFE	Management	Abstain	For	Against
O.2.3	RE-ELECTION OF DIRECTOR RETIRING BY ROTATION AND AVAILABLE FOR RE- ELECTION - AW DAWE	Management	Abstain	For	Against
O.2.4	RE-ELECTION OF DIRECTOR RETIRING BY ROTATION AND AVAILABLE FOR RE- ELECTION - NT MADISA	Management	Abstain	For	Against
O.2.5	RE-ELECTION OF DIRECTOR RETIRING BY ROTATION AND AVAILABLE FOR RE- ELECTION - S MASINGA	Management	Abstain	For	Against
O.3.1	ELECTION OF AUDIT COMMITTEE MEMBER. EK DIACK	Management	Abstain	For	Against
O.3.2	ELECTION OF AUDIT COMMITTEE MEMBER. S MASINGA	Management	Abstain	For	Against

O.3.3	ELECTION OF AUDIT COMMITTEE MEMBER. NG PAYNE	Management	Abstain	For	Against
O.4.1	ENDORSEMENT OF BIDVEST REMUNERATION POLICY - NON- BINDING ADVISORY NOTE. PART 1 - SECTION 1 POLICY ON BASE PACKAGE AND BENEFITS	Management	Abstain	For	Against
O.4.2	ENDORSEMENT OF BIDVEST REMUNERATION POLICY - NON- BINDING ADVISORY NOTE. PART 1 - SECTION 2 POLICY ON SHORT-TERM INCENTIVES	Management	Abstain	For	Against
O.4.3	ENDORSEMENT OF BIDVEST REMUNERATION POLICY - NON- BINDING ADVISORY NOTE. PART 1 - SECTION 3 POLICY ON LONG-TERM INCENTIVES	Management	Abstain	For	Against
O.5	GENERAL AUTHORITY TO DIRECTORS TO ALLOT AND ISSUE AUTHORISED BUT UNISSUED ORDINARY SHARES	Management	Abstain	For	Against
O.6	GENERAL AUTHORITY TO ISSUE SHARES FOR CASH	Management	Abstain	For	Against
O.7	PAYMENT OF DIVIDEND BY WAY OF PRO RATA REDUCTION OF SHARE PREMIUM	Management	Abstain	For	Against
O.8	CREATION AND ISSUE OF CONVERTIBLE DEBENTURES	Management	Abstain	For	Against
O.9	DIRECTORS AUTHORITY TO IMPLEMENT SPECIAL AND ORDINARY RESOLUTIONS	Management	Abstain	For	Against
S.1	GENERAL AUTHORITY TO ACQUIRE (REPURCHASE) SHARES	Management	Abstain	For	Against
S.2	APPROVAL OF NON-EXECUTIVE DIRECTORS REMUNERATION - 2016 TO 2017	Management	Abstain	For	Against
S.3	GENERAL AUTHORITY TO PROVIDE DIRECT OR INDIRECT FINANCIAL ASSISTANCE TO ALL RELATED AND INTER-RELATED ENTITIES	Management	Abstain	For	Against

DISCOVERY LIMITED
Security	S2192Y109	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Nov-2016
ISIN	ZAE000022331	Agenda	707560670 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	CONSIDERATION OF ANNUAL FINANCIAL STATEMENTS	Management	For	For	For
O.2	RE-APPOINTMENT OF EXTERNAL AUDITOR: PRICEWATERHOUSECOOPERS INC.	Management	For	For	For

O.3.1	ELECTION OF INDEPENDENT AUDIT COMMITTEE: MR LES OWEN	Management	For	For	For
O.3.2	ELECTION OF INDEPENDENT AUDIT COMMITTEE: MS SINDI ZILWA	Management	For	For	For
O.3.3	ELECTION OF INDEPENDENT AUDIT COMMITTEE: MS SONJA DE BRUYN SEBOTSA	Management	For	For	For
O.4.1	RE-ELECTION OF DIRECTOR: DR VINCENT MAPHAI	Management	For	For	For
O.4.2	RE-ELECTION OF DIRECTOR: MR TITO MBOWENI	Management	For	For	For
O.4.3	RE-ELECTION OF DIRECTOR: MR LES OWEN	Management	For	For	For
O.4.4	RE-ELECTION OF DIRECTOR: MS SONJA DE BRUYN SEBOTSA	Management	For	For	For
O.5	APPROVAL OF GROUP REMUNERATION POLICY	Management	For	For	For
O.6	DIRECTORS’ AUTHORITY TO TAKE ALL SUCH ACTIONS NECESSARY TO IMPLEMENT THE AFORESAID ORDINARY RESOLUTIONS AND THE SPECIAL RESOLUTIONS MENTIONED BELOW	Management	For	For	For
O.7.1	GENERAL AUTHORITY TO ISSUE PREFERENCE SHARES: TO GIVE THE DIRECTORS THE GENERAL AUTHORITY TO ALLOT AND ISSUE 10 000 000 A PREFERENCE SHARES	Management	For	For	For
O.7.2	GENERAL AUTHORITY TO ISSUE PREFERENCE SHARES: TO GIVE THE DIRECTORS THE GENERAL AUTHORITY TO ALLOT AND ISSUE 12 000 000 B PREFERENCE SHARES	Management	For	For	For
O.7.3	GENERAL AUTHORITY TO ISSUE PREFERENCE SHARES: TO GIVE THE DIRECTORS THE GENERAL AUTHORITY TO ALLOT AND ISSUE 20 000 000 C PREFERENCE SHARES	Management	For	For	For
S.1	APPROVAL OF NON-EXECUTIVE DIRECTORS’ REMUNERATION - 2016/2017	Management	For	For	For
S.2	GENERAL AUTHORITY TO REPURCHASE SHARES IN TERMS OF THE JSE LISTINGS REQUIREMENTS	Management	For	For	For
S.3	AUTHORITY TO PROVIDE FINANCIAL ASSISTANCE IN TERMS OF SECTION 44 AND 45 OF THE COMPANIES ACT	Management	For	For	For
S.4	AMENDMENTS TO THE COMPANY’S MEMORANDUM OF INCORPORATION IN RESPECT OF ISSUES OF SHARES	Management	For	For	For
S.5	AMENDMENTS TO THE COMPANY’S MEMORANDUM OF INCORPORATION IN RESPECT OF FRACTIONS OF SHARES	Management	For	For	For

FIRSTRAND LTD
Security	S5202Z131	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Nov-2016
ISIN	ZAE000066304	Agenda	707441870 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1.1	RE-ELECTION OF DIRECTOR MS BOMELA	Management	For	For	For
O.1.2	RE-ELECTION OF DIRECTOR P COOPER	Management	For	For	For
O.1.3	RE-ELECTION OF DIRECTOR GG GELINK	Management	For	For	For
O.1.4	RE-ELECTION OF DIRECTOR NN GWAGWA	Management	For	For	For
O.1.5	RE-ELECTION OF DIRECTOR BJ VAN DER ROSS	Management	For	For	For
O.1.6	VACANCIES FILLED BY THE DIRECTOR DURING THE YEAR F KNOETZE	Management	For	For	For
O.2.1	APPOINTMENT OF AUDITOR DELOITTE AND TOUCHE	Management	For	For	For
O.2.2	APPOINTMENT OF AUDITOR PRICEWATERHOUSECOOPERS INC	Management	For	For	For
NB.3	ENDORSEMENT OF REMUNERATION POLICY	Management	For	For	For
O.3	PLACING THE UNISSUED ORDINARY SHARES UNDER THE CONTROL OF THE DIRECTORS	Management	For	For	For
O.4	GENERAL AUTHORITY TO ISSUE AUTHORISED BUT UNISSUED ORDINARY SHARES	Management	For	For	For
O.5	SIGNING AUTHORITY	Management	For	For	For
S.1	GENERAL AUTHORITY TO REPURCHASE ORDINARY SHARES	Management	For	For	For
S.2.1	FINANCIAL ASSISTANCE TO DIRECTORS AND PRESCRIBED OFFICERS AS EMPLOYEE SHARE SCHEME BENEFICIARIES	Management	For	For	For
S.2.2	FINANCIAL ASSISTANCE TO RELATED AND INTERRELATED ENTITIES	Management	For	For	For
S.3	REMUNERATION OF NON-EXECUTIVE DIRECTORS WITH EFFECT FROM 1 DECEMBER 2016	Management	For	For	For
S.4	ADOPTION OF NEW MEMORANDUM OF INCORPORATION MOI OF THE COMPANY	Management	For	For	For

WOOLWORTHS HOLDINGS LTD, SOUTH AFRICA
Security	S98758121	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	30-Nov-2016
ISIN	ZAE000063863	Agenda	707359089 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1O1.1	RE-ELECTION OF DIRECTOR - PETER BACON	Management	For	For	For
1O1.2	RE-ELECTION OF DIRECTOR - REEZA ISAACS	Management	For	For	For
1O1.3	RE-ELECTION OF DIRECTOR - IAN MOIR	Management	For	For	For
1O1.4	RE-ELECTION OF DIRECTOR - LORD ROSE	Management	For	For	For
1O1.5	RE-ELECTION OF DIRECTOR - SIMON SUSMAN	Management	For	For	For
2.O.2	RE-APPOINTMENT OF AUDITORS: RESOLVED, ON RECOMMENDATION OF THE AUDIT COMMITTEE, THAT ERNST & YOUNG INC. (“EY”) IS HEREBY RE- APPOINTED AS EXTERNAL AUDITOR OF THE COMPANY UNTIL THE CONCLUSION OF THE NEXT ANNUAL GENERAL MEETING	Management	For	For	For
3O3.1	ELECTION OF AUDIT COMMITTEE MEMBER: PATRICK ALLAWAY	Management	For	For	For
3O3.2	ELECTION OF AUDIT COMMITTEE MEMBER: PETER BACON	Management	For	For	For
3O3.3	ELECTION OF AUDIT COMMITTEE MEMBER: ZARINA BASSA	Management	For	For	For
3O3.4	ELECTION OF AUDIT COMMITTEE MEMBER: HUBERT BRODY	Management	For	For	For
3O3.5	ELECTION OF AUDIT COMMITTEE MEMBER: ANDREW HIGGINSON	Management	For	For	For
N.B.4	APPROVAL OF THE REMUNERATION POLICY	Management	For	For	For
5S5.1	RATIFICATION OF REMUNERATION PAID TO ZARINA BASSA AS A MEMBER OF THE WOOLWORTHS SOUTH AFRICA (WSA) BOARD, CHAIRMAN OF THE WSA REMUNERATION AND RISK AND COMPLIANCE COMMITTEES AND MEMBER OF THE AUDIT REVIEW PANEL	Management	For	For	For
5S5.2	RATIFICATION OF FEES PAID TO HUBERT BRODY AS CHAIRMAN OF THE WSA AUDIT REVIEW PANEL	Management	For	For	For
5S5.3	APPROVAL OF THE NON-EXECUTIVE DIRECTORS REMUNERATION FOR 2017	Management	For	For	For
6.S.2	AMENDMENTS TO THE MEMORANDUM OF INCORPORATION	Management	For	For	For
7.S.3	GENERAL AUTHORITY TO REPURCHASE SHARES	Management	For	For	For

8.S.4	FINANCIAL ASSISTANCE TO RELATED OR INTER-RELATED COMPANIES	Management	For	For	For
9.S.5	ISSUE OF SHARES OR OPTIONS AND GRANT OF FINANCIAL ASSISTANCE IN TERMS OF THE COMPANY’S SHARE BASED INCENTIVE SCHEMES	Management	For	For	For

ASPEN PHARMACARE HOLDINGS PLC
Security	S0754A105	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	06-Dec-2016
ISIN	ZAE000066692	Agenda	707589416 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	PRESENTATION AND ADOPTION OF ANNUAL FINANCIAL STATEMENTS	Management	Abstain	For	Against
O.2	PRESENTATION AND NOTING OF THE SOCIAL & ETHICS COMMITTEE REPORT	Management	Abstain	For	Against
O.3.A	ELECTION AND RE-ELECTION OF DIRECTOR: JOHN BUCHANAN	Management	Abstain	For	Against
O.3.B	ELECTION AND RE-ELECTION OF DIRECTOR: MAUREEN MANYAMA	Management	Abstain	For	Against
O.3.C	ELECTION AND RE-ELECTION OF DIRECTOR: BABALWA NGONYAMA	Management	Abstain	For	Against
O.3.D	ELECTION AND RE-ELECTION OF DIRECTOR: DAVID REDFERN	Management	Abstain	For	Against
O.3.E	ELECTION AND RE-ELECTION OF DIRECTOR: SINDI ZILWA	Management	Abstain	For	Against
O.4	RE-APPOINTMENT OF INDEPENDENT EXTERNAL AUDITORS: THE APPOINTMENT OF PRICEWATERHOUSECOOPERS INC AS THE INDEPENDENT EXTERNAL AUDITORS OF THE COMPANY AND THE GROUP, AND TO NOTE THAT TANYA RAE WILL BE THE INDIVIDUAL REGISTERED AUDITOR WHO WILL UNDERTAKE THE AUDIT FOR THE FINANCIAL YEAR ENDING 30 JUNE 2017	Management	Abstain	For	Against
O.5.A	ELECTION OF AUDIT & RISK COMMITTEE MEMBER: ROY ANDERSEN	Management	Abstain	For	Against
O.5.B	ELECTION OF AUDIT & RISK COMMITTEE MEMBER: JOHN BUCHANAN	Management	Abstain	For	Against
O.5.C	ELECTION OF AUDIT & RISK COMMITTEE MEMBER: MAUREEN MANYAMA	Management	Abstain	For	Against
O.5.D	ELECTION OF AUDIT & RISK COMMITTEE MEMBER: BABALWA NGONYAMA	Management	Abstain	For	Against

O.5.E	ELECTION OF AUDIT & RISK COMMITTEE MEMBER: SINDI ZILWA	Management	Abstain	For	Against
O.6	PLACE UNISSUED SHARES UNDER THE CONTROL OF DIRECTORS	Management	Abstain	For	Against
O.7	GENERAL BUT RESTRICTED AUTHORITY TO ISSUE SHARES FOR CASH	Management	Abstain	For	Against
O.8	REMUNERATION POLICY	Management	Abstain	For	Against
O.9	AUTHORISATION FOR AN EXECUTIVE DIRECTOR TO SIGN NECESSARY DOCUMENTS	Management	Abstain	For	Against
S.11A	REMUNERATION OF NON-EXECUTIVE DIRECTOR: BOARD: CHAIRMAN	Management	Abstain	For	Against
S.11B	REMUNERATION OF NON-EXECUTIVE DIRECTOR: BOARD: BOARD MEMBER	Management	Abstain	For	Against
S.12A	REMUNERATION OF NON-EXECUTIVE DIRECTOR: AUDIT & RISK COMMITTEE: CHAIRMAN	Management	Abstain	For	Against
S.12B	REMUNERATION OF NON-EXECUTIVE DIRECTOR: AUDIT & RISK COMMITTEE: COMMITTEE MEMBER	Management	Abstain	For	Against
S.13A	REMUNERATION OF NON-EXECUTIVE DIRECTOR: REMUNERATION & NOMINATION COMMITTEE: CHAIRMAN	Management	Abstain	For	Against
S.13B	REMUNERATION OF NON-EXECUTIVE DIRECTOR: REMUNERATION & NOMINATION COMMITTEE: COMMITTEE MEMBER	Management	Abstain	For	Against
S.14A	REMUNERATION OF NON-EXECUTIVE DIRECTOR: SOCIAL & ETHICS COMMITTEE: CHAIRMAN	Management	Abstain	For	Against
S.14B	REMUNERATION OF NON-EXECUTIVE DIRECTOR: SOCIAL & ETHICS COMMITTEE: COMMITTEE MEMBER	Management	Abstain	For	Against
S.2	FINANCIAL ASSISTANCE TO RELATED OR INTER-RELATED COMPANY	Management	Abstain	For	Against
S.3	GENERAL AUTHORITY TO REPURCHASE SHARES	Management	Abstain	For	Against

MURRAY & ROBERTS HOLDINGS LTD
Security	S52800133	Meeting Type	Ordinary General Meeting
Ticker Symbol		Meeting Date	09-Dec-2016
ISIN	ZAE000073441	Agenda	707594114 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.O.1	RESOLVED THAT THE TRANSACTION IN TERMS OF WHICH MURRAY & ROBERTS LIMITED SELLS TO FIREFLY INVESTMENTS THE ENTIRE ISSUED ORDINARY SHARE CAPITAL OF CONCOR AND ALL CLAIMS HELD AGAINST CONCOR, AND THEREBY DISPOSES OF MRIB TO FIREFLY INVESTMENTS, BE AND IS HEREBY APPROVED IN TERMS OF SECTION 10.4 OF THE LISTINGS REQUIREMENTS, IT BEING NOTED THAT (I) THE GEPF IS A MATERIAL SHAREHOLDER IN THE COMPANY WITH A SHAREHOLDING OF 15.24% AND WILL ALSO, THROUGH THE PIC, BE A SHAREHOLDER IN FIREFLY INVESTMENTS WITH A SHAREHOLDING OF 25% AND, (II) THE JSE HAS DETERMINED THAT THE TRANSACTION BE TREATED AS A ‘RELATED PARTY TRANSACTION’ IN TERMS OF THE LISTINGS REQUIREMENTS.” IN ORDER FOR THIS ORDINARY RESOLUTION TO BE PASSED, THE SUPPORT OF MORE THAN 50% (FIFTY PER CENT) OF THE VOTING RIGHTS EXERCISED ON THE RESOLUTION BY SHAREHOLDERS, OTHER THAN THE GEPF AND ITS ASSOCIATES PRESENT IN PERSON OR REPRESENTED BY PROXY, AT THE GENERAL MEETING IS REQUIRED	Management	Abstain	For	Against
2.O.2	RESOLVED THAT, ANY DIRECTOR, OR THE COMPANY SECRETARY OF MURRAY & ROBERTS BE AND IS HEREBY AUTHORISED TO DO ALL SUCH THINGS, SIGN ALL SUCH DOCUMENTS AND AGREEMENTS AND PROCURE THE DOING OF ALL SUCH THINGS AND SIGNATURE OF ALL DOCUMENTS AS MAY BE NECESSARY FOR OR INCIDENTAL TO THE IMPLEMENTATION OF ORDINARY RESOLUTION 1	Management	Abstain	For	Against

EXXARO RESOURCES LTD, PRETORIA
Security	S26949107	Meeting Type	Ordinary General Meeting
Ticker Symbol		Meeting Date	30-Dec-2016
ISIN	ZAE000084992	Agenda	707627507 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.S.1	SPECIFIC REPURCHASE	Management	Abstain	For	Against
2.S.2	REVOCATION OF SPECIAL RESOLUTION NUMBER 1 IF THE REPURCHASE SCHEME TERMINATES	Management	Abstain	For	Against
3.O.1	GENERAL AUTHORITY	Management	Abstain	For	Against

ALEXANDER FORBES GROUP HOLDINGS LIMITED, JOHANNESB
Security	S0R00C104	Meeting Type	Ordinary General Meeting
Ticker Symbol		Meeting Date	20-Jan-2017
ISIN	ZAE000191516	Agenda	707633497 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	ISSUE OF THE SUBSCRIPTION SHARES	Management	For	For	For
O.2	ACQUISITION OF THE SUBSCRIPTION SHARES	Management	For	For	For
O.3	ISSUE OF THE FLIP-UP SHARES	Management	For	For	For
O.4	AUTHORISING RESOLUTION	Management	For	For	For

GLOBAL TELECOM HOLDING S.A.E., CAIRO
Security	37953P202	Meeting Type	ExtraOrdinary General Meeting
Ticker Symbol		Meeting Date	06-Feb-2017
ISIN	US37953P2020	Agenda	707696045 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	THE CANCELLATION OF THE COMPANY’S GLOBAL DEPOSITARY RECEIPTS PROGRAM, WHICH COMPRISES (A) CANCELLATION OF THE LISTING OF GDSS ON THE OFFICIAL LIST OF THE FINANCIAL CONDUCT AUTHORITY AND THE CANCELLATION OF TRADING OF THE GDSS ON THE MAIN MARKET FOR LISTED SECURITIES OF THE LONDON STOCK EXCHANGE PLC AND (B) TERMINATION OF THE DEPOSIT AGREEMENTS ENTERED INTO BY THE COMPANY IN RELATION TO THE GLOBAL DEPOSITARY RECEIPTS PROGRAM	Management	Against	For	Against

BARLOWORLD LTD, SANDTON
Security	S08470189	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	08-Feb-2017
ISIN	ZAE000026639	Agenda	707645872 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	ACCEPTANCE OF FINANCIAL STATEMENTS	Management	For	For	For
O.2	RE-ELECTION OF ADV DB NTSEBEZA SC	Management	For	For	For
O.3	RE-ELECTION OF MR SS NTSALUBA AS A MEMBER AND CHAIR OF THE AUDIT COMMITTEE	Management	For	For	For
O.4	RE-ELECTION OF MS B NGONYAMA AS A MEMBER OF THE AUDIT COMMITTEE	Management	For	For	For
O.5	RE-ELECTION OF MS FNO EDOZIEN AS A MEMBER OF THE AUDIT COMMITTEE	Management	For	For	For
O.6	APPOINTMENT OF EXTERNAL AUDITOR: DELOITTE AND TOUCHE AS AUDITORS OF THE COMPANY WITH BONGISIPHO NYEMBE AS THE INDIVIDUAL REGISTERED AUDITOR	Management	For	For	For
O.7	NON-BINDING ADVISORY VOTE ON REMUNERATION POLICY	Management	For	For	For
S.1.1	APPROVAL OF NON-EXECUTIVE DIRECTORS FEES - CHAIRMAN OF THE BOARD	Management	For	For	For
S.1.2	APPROVAL OF NON-EXECUTIVE DIRECTORS FEES - RESIDENT NON- EXECUTIVE DIRECTORS	Management	For	For	For
S.1.3	APPROVAL OF NON-EXECUTIVE DIRECTORS FEES - NON-RESIDENT NON-EXECUTIVE DIRECTORS	Management	For	For	For
S.1.4	APPROVAL OF NON-EXECUTIVE DIRECTORS FEES - CHAIRMAN OF THE AUDIT COMMITTEE (RESIDENT)	Management	For	For	For
S.1.5	APPROVAL OF NON-EXECUTIVE DIRECTORS FEES - RESIDENT MEMBERS OF THE AUDIT COMMITTEE	Management	For	For	For
S.1.6	APPROVAL OF NON-EXECUTIVE DIRECTORS FEES - NON-RESIDENT MEMBERS OF THE AUDIT COMMITTEE	Management	For	For	For
S.1.7	APPROVAL OF NON-EXECUTIVE DIRECTORS FEES - CHAIRMAN OF THE REMUNERATION COMMITTEE (NON- RESIDENT)	Management	For	For	For
S.1.8	APPROVAL OF NON-EXECUTIVE DIRECTORS FEES - CHAIRMAN OF THE REMUNERATION COMMITTEE (RESIDENT)	Management	For	For	For
S.1.9	APPROVAL OF NON-EXECUTIVE DIRECTORS FEES - CHAIRMAN OF THE SOCIAL, ETHICS AND TRANSFORMATION COMMITTEE (RESIDENT)	Management	For	For	For
S.110	APPROVAL OF NON-EXECUTIVE DIRECTORS FEES - CHAIRMAN OF THE RISK AND SUSTAINABILITY COMMITTEE (RESIDENT)	Management	For	For	For

S.111	APPROVAL OF NON-EXECUTIVE DIRECTORS FEES - CHAIRMAN OF THE GENERAL PURPOSES COMMITTEE (RESIDENT)	Management	For	For	For
S.112	APPROVAL OF NON-EXECUTIVE DIRECTORS FEES - CHAIRMAN OF THE NOMINATION COMMITTEE (RESIDENT)	Management	For	For	For
S.113	APPROVAL OF NON-EXECUTIVE DIRECTORS FEES - RESIDENT MEMBERS OF EACH OF THE BOARD COMMITTEES OTHER THAN AUDIT COMMITTEE	Management	For	For	For
S.114	APPROVAL OF NON-EXECUTIVE DIRECTORS FEES - NON-RESIDENT MEMBERS OF EACH OF THE BOARD COMMITTEES	Management	For	For	For
S.2	APPROVAL OF LOANS OR OTHER FINANCIAL ASSISTANCE TO RELATED OR INTER-RELATED COMPANIES OR CORPORATIONS	Management	For	For	For
S.3	GENERAL AUTHORITY TO ACQUIRE THE COMPANY’S OWN SHARES	Management	For	For	For

ASTRAL FOODS LTD, DORINGKLOOF
Security	S0752H102	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	09-Feb-2017
ISIN	ZAE000029757	Agenda	707642763 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	TO ADOPT THE ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2016	Management	For	For	For
O.2	TO RE-ELECT DR MT LATEGAN AS DIRECTOR	Management	For	For	For
O.3.1	TO RE-ELECT DR T ELOFF AS DIRECTOR	Management	For	For	For
O.3.2	TO RE-ELECT MR DJ FOUCHE AS DIRECTOR	Management	For	For	For
O.4.1	TO RE-ELECT MR DJ FOUCHE AS MEMBER OF THE AUDIT AND RISK MANAGEMENT COMMITTEE	Management	For	For	For
O.4.2	TO RE-ELECT DR MT LATEGAN AS MEMBER OF THE AUDIT AND RISK MANAGEMENT COMMITTEE	Management	For	For	For
O.4.3	TO RE-ELECT MRS TM SHABANGU AS MEMBER OF THE AUDIT AND RISK MANAGEMENT COMMITTEE	Management	For	For	For
O.5.1	TO RE-ELECT MR GD ARNOLD AS MEMBER OF THE SOCIAL AND ETHICS COMMITTEE	Management	For	For	For

O.5.2	TO RE-ELECT MR LW HANSEN AS MEMBER OF THE SOCIAL AND ETHICS COMMITTEE	Management	For	For	For
O.5.3	TO RE-ELECT MRS TP MAUMELA AS MEMBER OF THE SOCIAL AND ETHICS COMMITTEE	Management	For	For	For
O.6	TO REAPPOINT PRICEWATERHOUSECOOPERS INC. AS AUDITORS FOR THE 2017 FINANCIAL YEAR	Management	For	For	For
O.7	TO CONFIRM THE AUTHORITY OF THE AUDIT AND RISK MANAGEMENT COMMITTEE TO DETERMINE THE REMUNERATION OF THE AUDITORS	Management	For	For	For
O.8	TO ENDORSE THE COMPANY’S REMUNERATION POLICY AND ITS IMPLEMENTATION	Management	For	For	For
O.9	TO AUTHORISE ANY DIRECTOR OR THE COMPANY SECRETARY TO SIGN DOCUMENTATION NECESSARY TO IMPLEMENT THE ORDINARY AND SPECIAL RESOLUTIONS PASSED AT THE ANNUAL GENERAL MEETING	Management	For	For	For
10.S1	TO APPROVE THE REMUNERATION PAYABLE TO THE NON-EXECUTIVE CHAIRMAN	Management	For	For	For
11.S2	TO APPROVE THE REMUNERATION PAYABLE TO NON-EXECUTIVE DIRECTORS	Management	For	For	For
12.S3	TO AUTHORISE THE COMPANY TO PAY ADDITIONAL FEES FOR PARTICIPATION IN UNSCHEDULED BOARD MEETINGS AND SERVICES UNDERTAKEN BY NON- EXECUTIVE DIRECTORS	Management	For	For	For
13.S4	TO AUTHORISE THE DIRECTORS TO APPROVE ACTIONS RELATED TO TRANSACTIONS AMOUNTING TO FINANCIAL ASSISTANCE	Management	For	For	For

PIONEER FOODS GROUP LTD, TYGERVALLEY
Security	S6279F107	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	10-Feb-2017
ISIN	ZAE000118279	Agenda	707650102 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	TO CONFIRM THE RE-APPOINTMENT OF PRICEWATERHOUSECOOPERS INC. AS AUDITOR FOR THE ENSUING YEAR ON THE RECOMMENDATION OF THE AUDIT COMMITTEE	Management	For	For	For

O.2	GENERAL AUTHORITY TO ISSUE SHARES FOR CASH	Management	For	For	For
O.3	TO RE-ELECT DIRECTOR: ABDUS SALAM MOHAMMAD KARAAN	Management	For	For	For
O.4	TO RE-ELECT DIRECTOR: GERRIT PRETORIUS	Management	For	For	For
O.5	TO RE-ELECT DIRECTOR: ANDILE HESPERUS SANGQU	Management	For	For	For
O.6	TO RE-ELECT DIRECTOR: NORMAN CELLIERS	Management	For	For	For
O.7	CONFIRMATION OF APPOINTMENT: LINDIWE EVARISTA MTHIMUNYE- BAKORO	Management	For	For	For
O.8	RE-APPOINTMENT OF MEMBER OF THE AUDIT COMMITTEE: NORMAN WILLIAM THOMSON	Management	For	For	For
O.9	RE-APPOINTMENT OF MEMBER OF THE AUDIT COMMITTEE: SANGO SIVIWE NTSALUBA	Management	For	For	For
O.10	APPOINTMENT OF MEMBER OF THE AUDIT COMMITTEE: LINDIWE EVARISTA MTHIMUNYE-BAKORO	Management	For	For	For
O.11	NON-BINDING ENDORSEMENT OF PIONEER FOODS REMUNERATION POLICY	Management	For	For	For
S.1	APPROVAL OF NON-EXECUTIVE DIRECTORS REMUNERATION	Management	For	For	For
S.2	GENERAL AUTHORITY TO GRANT FINANCIAL ASSISTANCE TO RELATED AND INTER-RELATED COMPANIES	Management	For	For	For
S.3	FINANCIAL ASSISTANCE FOR THE ACQUISITION OF SECURITIES IN THE COMPANY AND IN RELATED AND INTER-RELATED COMPANIES	Management	For	For	For
S.4	GENERAL AUTHORITY TO REPURCHASE SHARES	Management	For	For	For
S.5	AMENDMENT TO THE COMPANY’S MOI	Management	For	For	For

CORONATION FUND MANAGERS LTD, CAPE TOWN
Security	S19537109	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	14-Feb-2017
ISIN	ZAE000047353	Agenda	707678097 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1.A	TO RE-ELECT, BY WAY OF A SEPARATE VOTE, RETIRING DIRECTOR MS LULAMA BOYCE WHO IS ELIGIBLE AND AVAILABLE FOR RE-ELECTION	Management	For	For	For

O.1.B	TO RE-ELECT, BY WAY OF A SEPARATE VOTE, RETIRING DIRECTOR MR JOHN DAVID (JOCK) MCKENZIE WHO IS ELIGIBLE AND AVAILABLE FOR RE- ELECTION	Management	For	For	For
O.1.C	TO RE-ELECT, BY WAY OF A SEPARATE VOTE, RETIRING DIRECTOR PROF ALEXANDRA WATSON WHO IS ELIGIBLE AND AVAILABLE FOR RE-ELECTION	Management	For	For	For
O.1.D	TO CONFIRM AND APPROVE, BY WAY OF A SEPARATE VOTE, THE APPOINTMENT OF DR HUGO ANTON NELSON AS A DIRECTOR	Management	For	For	For
O.2	TO RE-APPOINT ERNST & YOUNG INC. AS THE COMPANY’S REGISTERED AUDITOR AND TO NOTE MR MP RAPSON AS THE DESIGNATED AUDIT PARTNER	Management	For	For	For
O.3.A	TO RE-ELECT AND/OR APPOINT AUDIT AND RISK COMMITTEE MEMBER EACH BY WAY OF A SEPARATE VOTE: PROF ALEXANDRA WATSON	Management	For	For	For
O.3.B	TO RE-ELECT AND/OR APPOINT AUDIT AND RISK COMMITTEE MEMBER EACH BY WAY OF A SEPARATE VOTE: MR SAAMSOODEIN (SHAMS) PATHER	Management	For	For	For
O.3.C	TO RE-ELECT AND/OR APPOINT AUDIT AND RISK COMMITTEE MEMBER EACH BY WAY OF A SEPARATE VOTE: MR JOHN DAVID (JOCK) MCKENZIE	Management	For	For	For
O.3.D	TO RE-ELECT AND/OR APPOINT AUDIT AND RISK COMMITTEE MEMBER EACH BY WAY OF A SEPARATE VOTE: DR HUGO ANTON NELSON	Management	For	For	For
O.4	NON-BINDING ADVISORY VOTE TO ENDORSE THE COMPANY’S REMUNERATION POLICY	Management	For	For	For
S.1	TO APPROVE AND GRANT THE DIRECTORS OF THE COMPANY THE AUTHORITY TO PROVIDE DIRECT OR INDIRECT FINANCIAL ASSISTANCE TO ANY COMPANY OR CORPORATION WHICH IS RELATED OR INTER-RELATED TO THE COMPANY	Management	For	For	For

S.2	TO APPROVE AND GRANT THE DIRECTORS OF THE COMPANY THE AUTHORITY TO PROVIDE DIRECT OR INDIRECT FINANCIAL ASSISTANCE TO ANY COMPANY OR CORPORATION WHICH IS RELATED OR INTER-RELATED TO THE COMPANY AND/OR ANY FINANCIER FOR THE PURPOSES OF, OR IN CONNECTION WITH, THE SUBSCRIPTION OR PURCHASE OF OPTIONS, SHARES OR OTHER SECURITIES IN THE COMPANY OR IN ANY RELATED OR INTER-RELATED COMPANY	Management	For	For	For
S.3	TO APPROVE THE COMPANY’S REMUNERATION TO NON-EXECUTIVE DIRECTORS IN RESPECT OF THE FINANCIAL YEAR ENDING 30 SEPTEMBER 2017, AS SET OUT IN THE NOTICE OF ANNUAL GENERAL MEETING	Management	For	For	For
S.4	TO GRANT THE BOARD A GENERAL AUTHORITY TO REPURCHASE UP TO 20% OF THE COMPANY’S ISSUED SHARES	Management	For	For	For
S.5	TO ADOPT A NEW MOI FOR THE COMPANY IN REPLACEMENT OF THE CURRENT MOI	Management	For	For	For

TIGER BRANDS LTD, JOHANNESBURG
Security	S84594142	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	21-Feb-2017
ISIN	ZAE000071080	Agenda	707664430 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1.1	TO ELECT TE MASHILWANE AS DIRECTOR	Management	For	For	For
O.1.2	TO ELECT KA HEDDERWICK AS DIRECTOR	Management	For	For	For
O.1.3	TO ELECT LC MAC DOUGALL AS DIRECTOR	Management	For	For	For
O.2.1	TO RE-ELECT M MAKANJEE AS DIRECTOR	Management	For	For	For
O.2.2	TO RE-ELECT RD NISBET AS DIRECTOR	Management	For	For	For
O.2.3	TO RE-ELECT MP NYAMA AS DIRECTOR	Management	For	For	For
O.3.1	TO ELECT RD NISBET AS MEMBER OF THE AUDIT COMMITTEE	Management	For	For	For
O.3.2	TO ELECT TE MASHILWANE AS MEMBER OF THE AUDIT COMMITTEE	Management	For	For	For

O.3.3	TO ELECT YGH SULEMAN AS MEMBER OF THE AUDIT COMMITTEE	Management	For	For	For
O.4	TO REAPPOINT ERNST & YOUNG INC. AS EXTERNAL AUDITORS OF THE COMPANY	Management	For	For	For
O.5	TO CONSIDER AND APPROVE, BY WAY OF NON-BINDING ADVISORY VOTE, THE COMPANY’S REMUNERATION POLICY	Management	For	For	For
O.6	GENERAL AUTHORITY TO IMPLEMENT RESOLUTIONS	Management	For	For	For
S.1	TO APPROVE THE AUTHORITY TO PROVIDE FINANCIAL ASSISTANCE TO RELATED AND INTER-RELATED PARTIES	Management	For	For	For
S.2.1	REMUNERATION PAYABLE TO NON- EXECUTIVE DIRECTORS	Management	For	For	For
S.2.2	REMUNERATION PAYABLE TO THE CHAIRMAN	Management	For	For	For
S.2.3	REMUNERATION PAYABLE TO THE DEPUTY CHAIRMAN	Management	For	For	For
S.3	TO APPROVE THE REMUNERATION PAYABLE TO NON-EXECUTIVE DIRECTORS WHO PARTICIPATE IN THE SUB-COMMITTEES OF THE BOARD	Management	For	For	For
S.4	TO APPROVE THE FEES PAYABLE TO NON-EXECUTIVE DIRECTORS WHO ATTEND UNSCHEDULED MEETINGS OF THE BOARD AND WHO UNDERTAKE EXTRAORDINARY ADDITIONAL WORK	Management	For	For	For
S.5	TO APPROVE NON-RESIDENT DIRECTORS’ FEES	Management	For	For	For
S.6	TO APPROVE THE ACQUISITION BY THE COMPANY AND/OR ITS SUBSIDIARIES OF SHARES IN THE COMPANY	Management	For	For	For

COMMERCIAL INTERNATIONAL BANK (EGYPT) S.A.E.
Security	201712205	Meeting Type	Ordinary General Meeting
Ticker Symbol		Meeting Date	14-Mar-2017
ISIN	US2017122050	Agenda	707806305 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	BOARD OF DIRECTORS’ REPORT FOR THE FINANCIAL YEAR ENDED 31/12/2016	Management	Abstain	For	Against
2	AUDITORS’ REPORT ON THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/2016	Management	Abstain	For	Against
3	APPROVING THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/ 12/2016	Management	Abstain	For	Against

4	APPROVING THE APPROPRIATION ACCOUNT FOR THE YEAR 2016 AND DELEGATING THE BOARD TO SET AND APPROVE THE GUIDELINES FOR THE STAFF PROFIT SHARE DISTRIBUTION	Management		Abstain	For	Against
5	RELEASING MEMBERS OF THE BOARD OF DIRECTORS FOR THE FINANCIAL YEAR ENDED 31 /12/2016 AND DETERMINING THEIR REMUNERATION FOR THE YEAR 2017	Management		Abstain	For	Against
6	APPOINTING THE EXTERNAL AUDITORS FOR THE FINANCIAL YEAR ENDING 31/12/2017 AND DETERMINING THEIR FEES	Management	��	Abstain	For	Against
7	ADVISING SHAREHOLDERS REGARDING 2016 DONATIONS AND AUTHORIZING THE BOARD OF DIRECTORS TO EFFECT DONATIONS DURING 2017	Management		Abstain	For	Against
8	ADVISING SHAREHOLDERS OF THE ANNUAL REMUNERATION OF THE BOARD COMMITTEES FOR THE YEAR 2017 AS APPROVED BY THE BOARD OF DIRECTORS ACCORDING TO THE RECOMMENDATION OF THE GOVERNANCE AND COMPENSATION COMMITTEE	Management		Abstain	For	Against
9.1	ELECTING THE EXECUTIVE DIRECTOR OF THE BOARD FOR THE UPCOMING TERM (2017-2019): MR. HISHAM EZZ EL- ARAB	Management		Abstain	For	Against
9.2	ELECTING THE NON-EXECUTIVE DIRECTOR OF THE BOARD FOR THE UPCOMING TERM (2017-2019): DR. MEDHAT HASSANEIN	Management		Abstain	For	Against
9.3	ELECTING THE NON-EXECUTIVE DIRECTOR OF THE BOARD FOR THE UPCOMING TERM (2017-2019): MR. JAWAID MIRZA	Management		Abstain	For	Against
9.4	ELECTING THE NON-EXECUTIVE DIRECTOR OF THE BOARD FOR THE UPCOMING TERM (2017-2019): DR. SHERIF KAMEL	Management		Abstain	For	Against
9.5	ELECTING THE NON-EXECUTIVE DIRECTOR OF THE BOARD FOR THE UPCOMING TERM (2017-2019): MR. YASSER HASHEM	Management		Abstain	For	Against
9.6	ELECTING THE NON-EXECUTIVE DIRECTOR OF THE BOARD FOR THE UPCOMING TERM (2017-2019): MR. MARK RICHARDS	Management		Abstain	For	Against

9.7	ELECTING THE NON-EXECUTIVE DIRECTOR OF THE BOARD FOR THE UPCOMING TERM (2017-2019): MR. BIJAN KHOSROWSHAHI	Management	Abstain	For	Against
10	DEALING WITH RELATED PARTIES	Management	Abstain	For	Against

ALEXANDER FORBES GROUP HOLDINGS LIMITED, JOHANNESB
Security	S0R00C104	Meeting Type	Ordinary General Meeting
Ticker Symbol		Meeting Date	27-Mar-2017
ISIN	ZAE000191516	Agenda	707795576 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
S.1	GENERAL AUTHORITY TO REPURCHASE COMPANY SHARES	Management	For	For	For
O.1	AUTHORISATION OF DIRECTORS	Management	For	For	For

ANGLO AMERICAN PLATINUM LIMITED, JOHANNESBURG
Security	S9122P108	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	07-Apr-2017
ISIN	ZAE000013181	Agenda	707804084 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1.1	TO RE-ELECT MR M CUTIFANI AS A DIRECTOR OF THE COMPANY	Management	For	For	For
O.1.2	TO RE-ELECT MR RMW DUNNE AS A DIRECTOR OF THE COMPANY	Management	For	For	For
O.1.3	TO RE-ELECT MR MV MOOSA AS A DIRECTOR OF THE COMPANY	Management	For	For	For
O.1.4	TO RE-ELECT MR AM O’NEILL AS A DIRECTOR OF THE COMPANY	Management	For	For	For
O.2.1	ELECTION OF MR RMW DUNNE AS A MEMBER OF THE COMMITTEE	Management	For	For	For
O.2.2	ELECTION OF MR NP MAGEZA AS A MEMBER OF THE COMMITTEE	Management	For	For	For
O.2.3	ELECTION OF MR J VICE AS A MEMBER OF THE COMMITTEE	Management	For	For	For
O.2.4	ELECTION OF MS D NAIDOO AS A MEMBER OF THE COMMITTEE	Management	For	For	For
O.3	REAPPOINTMENT OF THE AUDITORS: DELOITTE & TOUCHE	Management	For	For	For
O.4	GENERAL AUTHORITY TO ALLOT AND ISSUE AUTHORISED BUT UNISSUED SHARES	Management	For	For	For
O.5	AUTHORITY TO IMPLEMENT RESOLUTIONS	Management	For	For	For
NB.1	REMUNERATION POLICY AND IMPLEMENTATION REPORT	Management	For	For	For

S.1	NON-EXECUTIVE DIRECTORS’ FEES	Management	For	For	For
S.2	AUTHORITY TO PROVIDE FINANCIAL ASSISTANCE	Management	For	For	For
S.3	GENERAL AUTHORITY TO REPURCHASE COMPANY SECURITIES	Management	For	For	For

ANGLOGOLD ASHANTI LIMITED
Security	035128206	Meeting Type	Annual
Ticker Symbol	AU	Meeting Date	16-May-2017
ISIN	US0351282068	Agenda	934604869 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.1	RE-ELECTION OF DIRECTOR: MR SM PITYANA	Management	For	For	For
1.2	RE-ELECTION OF DIRECTOR: MR RJ RUSTON	Management	For	For	For
1.3	RE-ELECTION OF DIRECTOR: MS MDC RICHTER	Management	For	For	For
2.	ELECTION OF MRS SV ZILWA AS A DIRECTOR	Management	For	For	For
3.1	REAPPOINTMENT AND APPOINTMENT OF AUDIT AND RISK COMMITTEE MEMBER: MR R GASANT	Management	For	For	For
3.2	REAPPOINTMENT AND APPOINTMENT OF AUDIT AND RISK COMMITTEE MEMBER: MR MJ KIRKWOOD	Management	For	For	For
3.3	REAPPOINTMENT AND APPOINTMENT OF AUDIT AND RISK COMMITTEE MEMBER: MR RJ RUSTON	Management	For	For	For
3.4	REAPPOINTMENT AND APPOINTMENT OF AUDIT AND RISK COMMITTEE MEMBER: MR AH GARNER	Management	For	For	For
3.5	REAPPOINTMENT AND APPOINTMENT OF AUDIT AND RISK COMMITTEE MEMBER: MS MDC RICHTER	Management	For	For	For
3.6	REAPPOINTMENT AND APPOINTMENT OF AUDIT AND RISK COMMITTEE MEMBER: MRS SV ZILWA	Management	For	For	For
4.	REAPPOINTMENT OF ERNST & YOUNG INC. AS AUDITORS OF THE COMPANY	Management	For	For	For
5.	GENERAL AUTHORITY TO DIRECTORS TO ALLOT AND ISSUE ORDINARY SHARES	Management	For	For	For
6.	NON-BINDING ADVISORY ENDORSEMENT OF THE ANGLOGOLD ASHANTI REMUNERATION POLICY	Management	For	For	For
7.	SPECIAL RESOLUTION 1 - REMUNERATION OF NON-EXECUTIVE DIRECTORS	Management	For	For	For

8.	SPECIAL RESOLUTION 2 - GENERAL AUTHORITY TO ACQUIRE THE COMPANY’S OWN SHARES	Management	For	For	For
9.	SPECIAL RESOLUTION 3 - APPROVAL OF THE ANGLOGOLD ASHANTI LIMITED DEFERRED SHARE PLAN	Management	For	For	For
10.	SPECIAL RESOLUTION 4 - AUTHORITY TO ISSUE ORDINARY SHARES PURSUANT TO THE DSP	Management	For	For	For
11.	SPECIAL RESOLUTION 5 - GENERAL AUTHORITY TO DIRECTORS TO ISSUE FOR CASH, THOSE ORDINARY SHARES WHICH THE DIRECTORS ARE AUTHORISED TO ALLOT AND ISSUE IN TERMS OF ORDINARY RESOLUTION 5	Management	For	For	For
12.	SPECIAL RESOLUTION 6 - GENERAL AUTHORITY TO PROVIDE FINANCIAL ASSISTANCE IN TERMS OF SECTIONS 44 AND 45 OF THE COMPANIES ACT	Management	For	For	For
13.	SPECIAL RESOLUTION 7 - AMENDMENT OF COMPANY’S MEMORANDUM OF INCORPORATION	Management	For	For	For
14.	DIRECTORS’ AUTHORITY TO IMPLEMENT SPECIAL AND ORDINARY RESOLUTIONS	Management	For	For	For

NEDBANK GROUP
Security	S5518R104	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	18-May-2017
ISIN	ZAE000004875	Agenda	707935966 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1.1	ELECTION AS A DIRECTOR OF MR EM KRUGER, WHO WAS APPOINTED AS A DIRECTOR SINCE THE PREVIOUS GENERAL MEETING OF SHAREHOLDERS	Management	For	For	For
O.1.2	ELECTION AS A DIRECTOR OF MR RAG LEITH, WHO WAS APPOINTED AS A DIRECTOR SINCE THE PREVIOUS GENERAL MEETING OF SHAREHOLDERS	Management	For	For	For
O.2.1	REELECTION AS A DIRECTOR OF MR MWT BROWN, WHO IS RETIRING BY ROTATION	Management	For	For	For
O.2.2	REELECTION AS A DIRECTOR OF MR BA DAMES, WHO IS RETIRING BY ROTATION	Management	For	For	For
O.2.3	REELECTION AS A DIRECTOR OF DR MA MATOOANE, WHO IS RETIRING BY ROTATION	Management	For	For	For

O.2.4	REELECTION AS A DIRECTOR OF MR JK NETSHITENZHE, WHO IS RETIRING BY ROTATION	Management	For	For	For
O.3.1	REAPPOINTMENT OF DELOITTE & TOUCHE AS EXTERNAL AUDITORS	Management	For	For	For
O.3.2	REAPPOINTMENT OF KPMG INC AS EXTERNAL AUDITORS	Management	For	For	For
O.4	PLACING THE AUTHORISED BUT UNISSUED ORDINARY SHARES UNDER THE CONTROL OF THE DIRECTORS	Management	For	For	For
O.5	PLACING THE AUTHORISED BUT UNISSUED PREFERENCE SHARES UNDER THE CONTROL OF THE DIRECTORS	Management	For	For	For
NB.1	ADVISORY ENDORSEMENT ON A NON- BINDING BASIS OF THE COMPANY’S REMUNERATION POLICY	Management	For	For	For
S.1.1	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NON-EXECUTIVE CHAIRMAN	Management	For	For	For
S.1.2	REMUNERATION OF NON-EXECUTIVE DIRECTORS: LEAD INDEPENDENT DIRECTOR FEE (ADDITIONAL 40%)	Management	For	For	For
S.1.3	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NEDBANK GROUP BOARDMEMBER	Management	For	For	For
S.141	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NEDBANK GROUP AUDIT COMMITTEE: CHAIR	Management	For	For	For
S.142	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NEDBANK GROUP AUDIT COMMITTEE: MEMBER	Management	For	For	For
S.151	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NEDBANK GROUP CREDIT COMMITTEE: CHAIR	Management	For	For	For
S.152	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NEDBANK GROUP CREDIT COMMITTEE: MEMBER	Management	For	For	For
S.161	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NEDBANK GROUP DIRECTORS’ AFFAIRS COMMITTEE: CHAIR	Management	For	For	For
S.162	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NEDBANK GROUP DIRECTORS’ AFFAIRS COMMITTEE: MEMBER	Management	For	For	For
S.171	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NEDBANK GROUP INFORMATION TECHNOLOGY COMMITTEE: CHAIR	Management	For	For	For

S.172	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NEDBANK GROUP INFORMATION TECHNOLOGY COMMITTEE: MEMBER	Management	For	For	For
S.181	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NEDBANK GROUP RELATED-PARTY TRANSACTIONS COMMITTEE: CHAIR	Management	For	For	For
S.182	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NEDBANK GROUP RELATED-PARTY TRANSACTIONS COMMITTEE: MEMBER	Management	For	For	For
S.191	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NEDBANK GROUP REMUNERATION COMMITTEE: CHAIR	Management	For	For	For
S.192	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NEDBANK GROUP REMUNERATION COMMITTEE: MEMBER	Management	For	For	For
S1101	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NEDBANK GROUP RISK AND CAPITAL MANAGEMENT COMMITTEE: CHAIR	Management	For	For	For
S1102	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NEDBANK GROUP RISK AND CAPITAL MANAGEMENT COMMITTEE: MEMBER	Management	For	For	For
S1111	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NEDBANK GROUP TRANSFORMATION, SOCIAL AND ETHICS COMMITTEE: CHAIR	Management	For	For	For
S1112	REMUNERATION OF NON-EXECUTIVE DIRECTORS: NEDBANK GROUP TRANSFORMATION, SOCIAL AND ETHICS COMMITTEE: MEMBER	Management	For	For	For
S.2	GENERAL AUTHORITY TO REPURCHASE ORDINARY SHARES	Management	For	For	For
S.3	GENERAL AUTHORITY TO PROVIDE FINANCIAL ASSISTANCE TO RELATED AND INTERRELATED COMPANIES	Management	For	For	For
S.4	AMENDMENT TO CLAUSE 10 OF THE MEMORANDUM OF INCORPORATION IN RELATION TO THE TREATMENT OF FRACTIONS	Management	For	For	For
S.5	NEDNAMIBIA STAKEHOLDER SCHEMES REPURCHASE	Management	For	For	For
S.6	NEDNAMIBIA STAKEHOLDER SCHEMES: REAPPROVAL AND RATIFICATION OF THE GRANT OF A CALL OPTION FOR THE ISSUE OF SECURITIES	Management	For	For	For

GOLD FIELDS LIMITED
Security	38059T106	Meeting Type	Annual
Ticker Symbol	GFI	Meeting Date	24-May-2017
ISIN	US38059T1060	Agenda	934567592 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	RE-APPOINTMENT OF KPMG AS AUDITORS	Management	For	For	For
2A	ORDINARY RESOLUTION NUMBER 2.1 RE-ELECTION OF A DIRECTOR: TP GOODLACE	Management	For	For	For
2B	ORDINARY RESOLUTION NUMBER 2.2 RE-ELECTION OF A DIRECTOR: A ANDANI	Management	For	For	For
2C	ORDINARY RESOLUTION NUMBER 2.3 RE-ELECTION OF A DIRECTOR: PJ BACCHUS	Management	For	For	For
2D	ORDINARY RESOLUTION NUMBER 2.4 RE-ELECTION OF A DIRECTOR: YGH SULEMAN	Management	For	For	For
2E	ORDINARY RESOLUTION NUMBER 2.5 RE-ELECTION OF A DIRECTOR: C LETTON	Management	For	For	For
2F	ORDINARY RESOLUTION NUMBER 2.6 RE-ELECTION OF A DIRECTOR: NJ HOLLAND	Management	For	For	For
2G	ORDINARY RESOLUTION NUMBER 2.7 RE-ELECTION OF A DIRECTOR: PA SCHMIDT	Management	For	For	For
3A	ORDINARY RESOLUTION NUMBER 3.1 RE-ELECTION OF A MEMBER AND NEW CHAIR OF THE AUDIT COMMITTEE: YGH SULEMAN	Management	For	For	For
3B	ORDINARY RESOLUTION NUMBER 3.2 RE-ELECTION OF A MEMBER OF THE AUDIT COMMITTEE: A ANDANI	Management	For	For	For
3C	ORDINARY RESOLUTION NUMBER 3.3 RE-ELECTION OF A MEMBER OF THE AUDIT COMMITTEE: PJ BACCHUS	Management	For	For	For
3D	ORDINARY RESOLUTION NUMBER 3.4 RE-ELECTION OF A MEMBER OF THE AUDIT COMMITTEE: RP MENELL	Management	For	For	For
3E	ORDINARY RESOLUTION NUMBER 3.5 RE-ELECTION OF A MEMBER OF THE AUDIT COMMITTEE: DMJ NCUBE	Management	For	For	For
4	APPROVAL FOR THE ISSUE OF AUTHORISED BUT UNISSUED ORDINARY SHARES	Management	For	For	For
S1	APPROVAL FOR THE CONVERSION OF THE ORDINARY PAR VALUE SHARES TO ORDINARY NO PAR VALUE SHARES	Management	For	For	For
S2	APPROVAL FOR THE INCREASE IN THE AUTHORISED SHARE CAPITAL	Management	For	For	For

S3	APPROVAL FOR THE ISSUING OF EQUITY SECURITIES FOR CASH	Management	For	For	For
S4A	ADVISORY ENDORSEMENT OF THE REMUNERATION POLICY	Management	For	For	For
S4B	APPROVAL OF THE REMUNERATION OF NON-EXECUTIVE DIRECTORS	Management	For	For	For
S5	APPROVAL FOR THE COMPANY TO GRANT INTER-GROUP FINANCIAL ASSISTANCE IN TERMS OF SECTIONS 44 AND 45 OF THE ACT	Management	For	For	For
S6	ACQUISITION OF THE COMPANY’S OWN SHARES	Management	For	For	For
S7	AMENDMENTS TO THE EXISTING MEMORANDUM OF INCORPORATION	Management	For	For	For

GRINDROD LIMITED
Security	S3302L128	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	24-May-2017
ISIN	ZAE000072328	Agenda	707936665 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.211	RE-ELECTION OF DIRECTOR RETIRING BY ROTATION: MR FAKU	Management	For	For	For
O.212	RE-ELECTION OF DIRECTOR RETIRING BY ROTATION: GG GELINK	Management	For	For	For
O.213	RE-ELECTION OF DIRECTOR RETIRING BY ROTATION: MJ HANKINSON	Management	For	For	For
O.214	RE-ELECTION OF DIRECTOR RETIRING BY ROTATION: SDM ZUNGU	Management	For	For	For
O.221	CONFIRMATION OF APPOINTMENT OF NEWLY APPOINTED DIRECTOR: G KOTZE	Management	For	For	For
O.222	CONFIRMATION OF APPOINTMENT OF NEWLY APPOINTED DIRECTOR: ZN MALINGA	Management	For	For	For
O.223	CONFIRMATION OF APPOINTMENT OF NEWLY APPOINTED DIRECTOR: RSM NDLOVU	Management	For	For	For
O.2.3	ELECTION OF MEMBER AND APPOINTMENT OF CHAIRMAN OF THE AUDIT COMMITTEE - GG GELINK	Management	For	For	For
O.241	ELECTION OF MEMBER OF THE AUDIT COMMITTEE: WD GEACH	Management	For	For	For
O.242	ELECTION OF MEMBER OF THE AUDIT COMMITTEE: RSM NDLOVU	Management	For	For	For
O.251	RE-APPOINTMENT OF DELOITTE & TOUCHE AS INDEPENDENT AUDITORS	Management	For	For	For
O.252	APPOINTMENT OF K PEDDIE AS DESIGNATED AUDIT PARTNER	Management	For	For	For

O.2.6	GENERAL AUTHORITY TO DIRECTORS TO ALLOT AND ISSUE ORDINARY SHARES	Management	For	For	For
O.2.7	OF 75%: GENERAL AUTHORITY TO ISSUE SHARES FOR CASH	Management	For	For	For
S.3.1	APPROVAL OF NON-EXECUTIVE DIRECTORS’ FEES	Management	For	For	For
S.3.2	GENERAL AUTHORITY TO PROVIDE FINANCIAL ASSISTANCE IN TERMS OF SECTION 44 OF THE ACT	Management	For	For	For
S.3.3	GENERAL AUTHORITY TO PROVIDE FINANCIAL ASSISTANCE IN TERMS OF SECTION 45 OF THE ACT	Management	For	For	For
S.3.4	SPECIFIC AUTHORITY TO PROVIDE FINANCIAL ASSISTANCE IN TERMS OF SECTION 44 AND 45 OF THE ACT	Management	For	For	For
S.3.5	REPURCHASE OF THE COMPANY’S ORDINARY SHARES	Management	For	For	For
NB4.1	CONFIRMATION OF THE GROUP REMUNERATION POLICY	Management	For	For	For

EXXARO RESOURCES LTD, PRETORIA
Security	S26949107	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	25-May-2017
ISIN	ZAE000084992	Agenda	708073135 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1.1	ELECTION OF MR PA KOPPESCHAAR AS A DIRECTOR	Management	For	For	For
O.1.2	ELECTION OF MR EJ MYBURGH AS A DIRECTOR	Management	For	For	For
O.1.3	ELECTION OF MR PCCH SNYDERS AS A DIRECTOR	Management	For	For	For
O.1.4	RE-ELECTION OF DR CJ FAUCONNIER AS A DIRECTOR	Management	For	For	For
O.1.5	RE-ELECTION OF MR D ZIHLANGU AS A DIRECTOR	Management	For	For	For
O.2.1	ELECTION OF DR CJ FAUCONNIER AS A MEMBER OF THE GROUP AUDIT COMMITTEE	Management	For	For	For
O.2.2	ELECTION OF MR V NKONYENI AS A MEMBER OF THE GROUP AUDIT COMMITTEE	Management	For	For	For
O.2.3	ELECTION OF MR J VAN ROOYEN AS A MEMBER OF THE GROUP AUDIT COMMITTEE	Management	For	For	For
O.3.1	ELECTION OF MRS S DAKILE- HLONGWANE AS A MEMBER OF THE GROUP SOCIAL AND ETHICS COMMITTEE	Management	For	For	For

O.3.2	ELECTION OF DR CJ FAUCONNIER AS A MEMBER OF THE GROUP SOCIAL AND ETHICS COMMITTEE	Management	For	For	For
O.3.3	ELECTION OF MR EJ MYBURGH AS A MEMBER OF THE GROUP SOCIAL AND ETHICS COMMITTEE	Management	For	For	For
O.3.4	ELECTION OF DR MF RANDERA AS A MEMBER OF THE GROUP SOCIAL AND ETHICS COMMITTEE	Management	For	For	For
O.4	RESOLUTION TO APPROVE, THROUGH A NON-BINDING ADVISORY VOTE, THE COMPANY’S REMUNERATION POLICY	Management	For	For	For
O.5	RESOLUTION TO REAPPOINT PRICEWATERHOUSECOOPERS INCORPORATED AS INDEPENDENT EXTERNAL AUDITORS	Management	For	For	For
O.6	RESOLUTION TO AUTHORISE DIRECTORS AND/OR GROUP COMPANY SECRETARY TO IMPLEMENT THE RESOLUTIONS SET OUT IN THE NOTICE CONVENING THE ANNUAL GENERAL MEETING	Management	For	For	For
S.1	SPECIAL RESOLUTION TO APPROVE NON-EXECUTIVE DIRECTORS’ FEES FOR THE PERIOD 1 JUNE 2017 TO THE NEXT ANNUAL GENERAL MEETING	Management	For	For	For
S.2	SPECIAL RESOLUTION TO AUTHORISE GENERAL AUTHORITY TO REPURCHASE SHARES	Management	For	For	For
S.3	SPECIAL RESOLUTION TO AUTHORISE FINANCIAL ASSISTANCE FOR THE SUBSCRIPTION OF SECURITIES	Management	For	For	For
S.4	SPECIAL RESOLUTION TO AUTHORISE FINANCIAL ASSISTANCE TO RELATED OR INTER-RELATED COMPANIES	Management	For	For	For

CAPITEC BANK HOLDINGS LIMITED, STELLENBOSCH
Security	S15445109	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	26-May-2017
ISIN	ZAE000035861	Agenda	708100273 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	RE-ELECTION OF MS NS MJOLI-MNCUBE AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR	Management	For	For	For
O.2	RE-ELECTION OF MR PJ MOUTON AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
O.3	RE-ELECTION OF MR R STASSEN AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For

O.4	ELECTION OF MS LA DLAMINI AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR	Management	For	For	For
O.5	ELECTION OF MR K MAKWANE AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR	Management	For	For	For
O.6	RE-APPOINTMENT OF PRICEWATERHOUSECOOPERS INC. AS AUDITORS	Management	For	For	For
O.7	APPROVAL TO ISSUE (I) LOSS ABSORBENT CONVERTIBLE CAPITAL SECURITIES AND (II) ORDINARY SHARES UPON A RELEVANT “TRIGGER EVENT”	Management	For	For	For
O.8	AUTHORITY TO ISSUE ORDINARY SHARES FOR CASH BY WAY OF A GENERAL AUTHORITY	Management	For	For	For
O.9	ENDORSEMENT OF REMUNERATION POLICY	Management	For	For	For
S.1	APPROVAL OF THE DIRECTORS’ REMUNERATION FOR THE FINANCIAL YEAR ENDING ON 28 FEBRUARY 2018	Management	For	For	For
S.2	GENERAL APPROVAL FOR THE COMPANY AND ANY SUBSIDIARY COMPANY TO PURCHASE SHARES ISSUED BY THE COMPANY	Management	For	For	For
S.3	AUTHORITY FOR THE BOARD TO AUTHORISE THE COMPANY TO PROVIDE ANY FINANCIAL ASSISTANCE	Management	For	For	For
S.4	APPROVAL OF AMENDMENTS TO THE MEMORANDUM OF INCORPORATION	Management	For	For	For

COMBINED MOTOR HOLDINGS LTD
Security	S17896119	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	31-May-2017
ISIN	ZAE000088050	Agenda	708108180 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	APPROVAL OF FINANCIAL STATEMENTS	Management	For	For	For
O.2.1	TO CONFIRM THE ELECTION OF BWJ BARRITT	Management	For	For	For
O.2.2	TO CONFIRM THE REELECTION OF LCZ CELE	Management	For	For	For
O.2.3	TO CONFIRM THE REELECTION OF JA MABENA	Management	For	For	For
O.3.1	ELECTION OF AUDIT AND RISK ASSESSMENT COMMITTEE JS DIXON CHAIRMAN	Management	For	For	For

O.3.2	ELECTION OF AUDIT AND RISK ASSESSMENT COMMITTEE ME JONES	Management	For	For	For
O.3.3	ELECTION OF AUDIT AND RISK ASSESSMENT COMMITTEE MR NKADIMENG	Management	For	For	For
O.4	APPOINTMENT OF EXTERNAL AUDITOR: TO APPOINT PRICEWATERHOUSECOOPERS INC. AND DESIGNATED PARTNER SF RANDELHOFF, AS AUDITOR OF THE COMPANY AND THE GROUP FOR THE ENSUING YEAR. DESPITE PRICEWATERHOUSECOOPERS INC. HAVING BEEN THE AUDITOR OF THE COMPANY AND THE GROUP FOR 41 YEARS, THE AUDIT AND RISK ASSESSMENT COMMITTEE HAS RIGOROUSLY REVIEWED THEIR INDEPENDENCE AND OBJECTIVITY, AND RECOMMENDS THEIR REAPPOINTMENT	Management	For	For	For
O.5	REMUNERATION REPORT	Management	For	For	For
S.1	APPROVAL OF FEES OF NON- EXECUTIVE DIRECTORS	Management	For	For	For

HOWDEN AFRICA HOLDINGS LTD
Security	S36279107	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	01-Jun-2017
ISIN	ZAE000010583	Agenda	707941197 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.O.1	ADOPTION OF ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDING 20161231	Management	For	For	For
2.O.2	APPOINTMENT OF EXTERNAL AUDITORS: ERNST & YOUNG	Management	For	For	For
3O3.1	RE-APPOINTMENT OF MITESH PATEL AS A MEMBER AND THE CHAIRMAN OF THE AUDIT AND RISK COMMITTEE	Management	For	For	For
4O3.2	RE-APPOINTMENT OF MORONGWE MALEBYE AS A MEMBER OF THE AUDIT AND RISK COMMITTEE	Management	For	For	For
5O3.3	RE-APPOINTMENT OF HUMPHREY MATHE AS A MEMBER OF THE AUDIT AND RISK COMMITTEE	Management	For	For	For
6.O.4	NON-BINDING ADVISORY ENDORSEMENT OF COMPANY’S REMUNERATION POLICY	Management	For	For	For
7O5.1	RE-ELECTION OF MORONGWE MALEBYE	Management	For	For	For

8O5.2	RE-ELECTION OF HUMPHREY MATHE	Management	For	For	For
9O5.3	RE-ELECTION OF MITESH PATEL	Management	For	For	For
10O.6	ELECTION OF MARINELLA VIGOUROUX	Management	For	For	For
11O.7	CONTROL OF 15 PERCENT OF UNISSUED SHARE CAPITAL	Management	For	For	For
12O.8	GENERAL AUTHORITY TO ISSUE SHARES FOR CASH	Management	For	For	For
13S.1	GENERAL APPROVAL FOR THE ACQUISITION OF ITS SHARES BY THE COMPANY AND OR ITS SUBSIDIARIES	Management	For	For	For
14S.2	INCREASE OF NON-EXECUTIVE DIRECTORS FEES	Management	For	For	For

PSG GROUP LTD, SOUTH AFRICA
Security	S5959A107	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	23-Jun-2017
ISIN	ZAE000013017	Agenda	708221180 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
11O.1	TO RE-ELECT MR PE BURTON AS DIRECTOR	Management	For	For	For
12O.2	TO RE-ELECT MR FJ GOUWS AS DIRECTOR	Management	For	For	For
13O.3	TO RE-ELECT MR MJ JOOSTE AS DIRECTOR	Management	For	For	For
21O.4	TO RE-APPOINT MR PE BURTON AS A MEMBER OF THE AUDIT AND RISK COMMITTEE	Management	For	For	For
22O.5	TO RE-APPOINT MS B MATHEWS AS A MEMBER OF THE AUDIT AND RISK COMMITTEE	Management	For	For	For
23O.6	TO RE-APPOINT MR CA OTTO AS A MEMBER OF THE AUDIT AND RISK COMMITTEE	Management	For	For	For
3.O.7	TO RE-APPOINT PRICEWATERHOUSECOOPERS INC AS THE AUDITOR	Management	For	For	For
4.O.8	NON-BINDING ENDORSEMENT OF PSG GROUP’S REMUNERATION POLICY	Management	For	For	For
5.O.9	GENERAL AUTHORITY TO ISSUE ORDINARY SHARES FOR CASH	Management	For	For	For
6.S.1	REMUNERATION OF NON-EXECUTIVE DIRECTORS	Management	For	For	For
71S.2	INTER-COMPANY FINANCIAL ASSISTANCE	Management	For	For	For
72S.3	FINANCIAL ASSISTANCE FOR ACQUISITION OF SHARES IN A RELATED OR INTER-RELATED COMPANY	Management	For	For	For
8.S.4	SHARE BUY-BACK BY PSG GROUP AND ITS SUBSIDIARIES	Management	For	For	For

INTERWASTE HOLDINGS LTD
Security	S3915E107	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	28-Jun-2017
ISIN	ZAE000097903	Agenda	708247172 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O.1	ADOPTION OF FINANCIAL STATEMENTS	Management	For	For	For
O.2	RE-ELECTION OF MR PF MOJONO AS A NON-EXECUTIVE DIRECTOR OF THE COMPANY	Management	For	For	For
O.3	RE-ELECTION OF MR LJ MAHLANGU AS A NON-EXECUTIVE DIRECTOR OF THE COMPANY	Management	For	For	For
O.4	RATIFY APPOINTMENT OF DK ROSEVEAR AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
O.5	RATIFY APPOINTMENT OF R LUMB AS A FINANCIAL DIRECTOR	Management	For	For	For
O.6	RATIFY APPOINTMENT OF CA BOLES AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
O.7	RE-APPOINTMENT OF KPMG INC. AS THE COMPANY’S INDEPENDENT AUDITORS AND G PARKER AS THE REGISTERED AUDITOR	Management	For	For	For
O.8.1	APPOINTMENT OF MR LJ MAHLANGU TO THE AUDIT AND RISK COMMITTEE	Management	For	For	For
O.8.2	APPOINTMENT OF CA BOLES TO THE AUDIT AND RISK COMMITTEE	Management	For	For	For
O.8.3	APPOINTMENT OF DK ROSEVEAR TO THE AUDIT AND RISK COMMITTEE	Management	For	For	For
O.9	APPROVAL OF THE REMUNERATION PHILOSOPHY OF THE COMPANY	Management	For	For	For
O.10	GENERAL AUTHORITY TO ALLOT AND ISSUE SHARES FOR CASH	Management	For	For	For
S.11	APPROVAL OF NON-EXECUTIVE DIRECTOR’S FEES FOR THE ENSUING YEAR	Management	For	For	For
S.12	GENERAL AUTHORITY TO REPURCHASE SHARES	Management	For	For	For
S.13	AUTHORISATION TO PROVIDE FINANCIAL ASSISTANCE	Management	For	For	For

Commonwealth Japan Fund

Proxy Voting Record

July 1, 2016 – June 30, 2017

TAKADA CORPORATION
Security	J80335102	Meeting Type	ExtraOrdinary General Meeting
Ticker Symbol		Meeting Date	02-Sep-2016
ISIN	JP3457600009	Agenda	707309414 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2.1	Appoint a Director Takada, Juichiro	Management	For	For	For
2.2	Appoint a Director Kawakami, Shuji	Management	For	For	For
2.3	Appoint a Director Yoshimatsu, Tetsuo	Management	For	For	For
2.4	Appoint a Director Fukunaga, Hirofumi	Management	For	For	For
2.5	Appoint a Director Nomaru, Yoshiyuki	Management	For	For	For
2.6	Appoint a Director Muta, Ikuji	Management	For	For	For
2.7	Appoint a Director Harada, Yasushi	Management	For	For	For
2.8	Appoint a Director Fukuda, Toyohiko	Management	For	For	For

ASAHI INTECC CO., LTD.
Security	J0279C107	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	28-Sep-2016
ISIN	JP3110650003	Agenda	707346044 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2	Amend Articles to: Increase the Board of Directors Size to 18, Adopt Reduction of Liability System for Directors, Transition to a Company with Supervisory Committee	Management	For	For	For
3.1	Appoint a Director except as Supervisory Committee Members Miyata, Masahiko	Management	For	For	For
3.2	Appoint a Director except as Supervisory Committee Members Miyata, Kenji	Management	For	For	For
3.3	Appoint a Director except as Supervisory Committee Members Kato, Tadakazu	Management	For	For	For
3.4	Appoint a Director except as Supervisory Committee Members Yugawa, Ippei	Management	For	For	For
3.5	Appoint a Director except as Supervisory Committee Members Terai, Yoshinori	Management	For	For	For
3.6	Appoint a Director except as Supervisory Committee Members Matsumoto, Munechika	Management	For	For	For

3.7	Appoint a Director except as Supervisory Committee Members Ito, Mizuho	Management	For	For	For
3.8	Appoint a Director except as Supervisory Committee Members Ito, Kiyomichi	Management	For	For	For
3.9	Appoint a Director except as Supervisory Committee Members Shibazaki, Akinori	Management	For	For	For
4.1	Appoint a Director as Supervisory Committee Members Watanabe, Yukiyoshi	Management	For	For	For
4.2	Appoint a Director as Supervisory Committee Members Sato, Masami	Management	For	For	For
4.3	Appoint a Director as Supervisory Committee Members Obayashi, Toshiharu	Management	For	For	For
5	Appoint a Substitute Director as Supervisory Committee Members Tomida, Ryuji	Management	For	For	For
6	Amend the Compensation to be received by Directors except as Supervisory Committee Members	Management	For	For	For
7	Amend the Compensation to be received by Directors as Supervisory Committee Members	Management	For	For	For
8	Approve Continuance of Policy regarding Large-scale Purchases of Company Shares (Anti-Takeover Defense Measures)	Management	For	For	For
9	Approve Provision of Special Payment for a Founding Director	Management	For	For	For

COCA-COLA WEST COMPANY, LIMITED
Security	J0814U109	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	22-Mar-2017
ISIN	JP3293200006	Agenda	707792518 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2	Approve Stock-for-stock Exchange Agreement between the Company and Coca-Cola East Japan Co., LTD.	Management	For	For	For
3	Approve Absorption-Type Company Split Agreement between the Company and New CCW Establishment Preparation Co., Ltd.	Management	For	For	For
4	Amend Articles to: Change Official Company Name to Coca-Cola Bottlers Japan Inc., Change Business Lines, Increase Capital Shares to be issued to 500,000,000 shares, Reduce the Board of Directors Size to 10, Adopt Reduction of Liability System for Directors, Eliminate the Articles Related to Allow the Board of Directors to Appoint Advisors and Counselors	Management	For	For	For

5.1	Appoint a Director except as Supervisory Committee Members Yoshimatsu, Tamio	Management	For	For	For
5.2	Appoint a Director except as Supervisory Committee Members Shibata, Nobuo	Management	For	For	For
5.3	Appoint a Director except as Supervisory Committee Members Takemori, Hideharu	Management	For	For	For
5.4	Appoint a Director except as Supervisory Committee Members Fukami, Toshio	Management	For	For	For
5.5	Appoint a Director except as Supervisory Committee Members Okamoto, Shigeki	Management	For	For	For
5.6	Appoint a Director except as Supervisory Committee Members Fujiwara, Yoshiki	Management	For	For	For
5.7	Appoint a Director except as Supervisory Committee Members Koga, Yasunori	Management	For	For	For
5.8	Appoint a Director except as Supervisory Committee Members Hombo, Shunichiro	Management	For	For	For
5.9	Appoint a Director except as Supervisory Committee Members Miura, Zenji	Management	For	For	For
6.1	Appoint a Director except as Supervisory Committee Members associated with Business Integration Vikas Tiku	Management	For	For	For
6.2	Appoint a Director except as Supervisory Committee Members associated with Business Integration Costin Mandrea	Management	For	For	For
6.3	Appoint a Director except as Supervisory Committee Members associated with Business Integration Yoshioka, Hiroshi	Management	For	For	For
7.1	Appoint a Director as Supervisory Committee Members associated with Business Integration Miura, Zenji	Management	For	For	For
7.2	Appoint a Director as Supervisory Committee Members associated with Business Integration Irial Finan	Management	For	For	For
7.3	Appoint a Director as Supervisory Committee Members associated with Business Integration John Murphy	Management	For	For	For
8	Amend the Compensation to be received by Directors except as Supervisory Committee Members	Management	For	For	For

SHIMANO INC.
Security	J72262108	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	28-Mar-2017
ISIN	JP3358000002	Agenda	707810443 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2.1	Appoint a Director Kakutani, Keiji	Management	For	For	For
2.2	Appoint a Director Wada, Shinji	Management	For	For	For

2.3	Appoint a Director Yuasa, Satoshi	Management	For	For	For
2.4	Appoint a Director Chia Chin Seng	Management	For	For	For
2.5	Appoint a Director Otsu, Tomohiro	Management	For	For	For
2.6	Appoint a Director Ichijo, Kazuo	Management	For	For	For
2.7	Appoint a Director Katsumaru, Mitsuhiro	Management	For	For	For
3	Amend the Compensation to be received by Directors	Management	For	For	For

OTSUKA CORPORATION
Security	J6243L115	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Mar-2017
ISIN	JP3188200004	Agenda	707813968 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2.1	Appoint a Director Otsuka, Yuji	Management	For	For	For
2.2	Appoint a Director Katakura, Kazuyuki	Management	For	For	For
2.3	Appoint a Director Takahashi, Toshiyasu	Management	For	For	For
2.4	Appoint a Director Yano, Katsuhiro	Management	For	For	For
2.5	Appoint a Director Saito, Hironobu	Management	For	For	For
2.6	Appoint a Director Wakamatsu, Yasuhiro	Management	For	For	For
2.7	Appoint a Director Tsurumi, Hironobu	Management	For	For	For
2.8	Appoint a Director Sakurai, Minoru	Management	For	For	For
2.9	Appoint a Director Hirose, Mitsuya	Management	For	For	For
2.10	Appoint a Director Tanaka, Osamu	Management	For	For	For
2.11	Appoint a Director Moriya, Norihiko	Management	For	For	For
2.12	Appoint a Director Makino, Jiro	Management	For	For	For
2.13	Appoint a Director Saito, Tetsuo	Management	For	For	For
3	Approve Provision of Retirement Allowance for Retiring Directors	Management	For	For	For

SUMITOMO RUBBER INDUSTRIES, LTD.
Security	J77884112	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Mar-2017
ISIN	JP3404200002	Agenda	707810431 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2	Amend Articles to: Adopt Reduction of Liability System for Non-Executive Directors and Corporate Auditors, Approve Minor Revisions	Management	For	For	For
3.1	Appoint a Director Ikeda, Ikuji	Management	For	For	For
3.2	Appoint a Director Tanaka, Hiroaki	Management	For	For	For
3.3	Appoint a Director Nishi, Minoru	Management	For	For	For
3.4	Appoint a Director Onga, Kenji	Management	For	For	For
3.5	Appoint a Director Ii, Yasutaka	Management	For	For	For
3.6	Appoint a Director Ishida, Hiroki	Management	For	For	For
3.7	Appoint a Director Kuroda, Yutaka	Management	For	For	For
3.8	Appoint a Director Yamamoto, Satoru	Management	For	For	For
3.9	Appoint a Director Kosaka, Keizo	Management	For	For	For
3.10	Appoint a Director Uchioke, Fumikiyo	Management	For	For	For
3.11	Appoint a Director Murakami, Kenji	Management	For	For	For

KIRIN HOLDINGS COMPANY, LIMITED
Security	497350108	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	30-Mar-2017
ISIN	JP3258000003	Agenda	707810227 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2.1	Appoint a Director Isozaki, Yoshinori	Management	For	For	For
2.2	Appoint a Director Nishimura, Keisuke	Management	For	For	For
2.3	Appoint a Director Ito, Akihiro	Management	For	For	For
2.4	Appoint a Director Miyoshi, Toshiya	Management	For	For	For
2.5	Appoint a Director Ishii, Yasuyuki	Management	For	For	For
2.6	Appoint a Director Arima, Toshio	Management	For	For	For
2.7	Appoint a Director Arakawa, Shoshi	Management	For	For	For
2.8	Appoint a Director Iwata, Kimie	Management	For	For	For
2.9	Appoint a Director Nagayasu, Katsunori	Management	For	For	For
3	Approve Payment of Bonuses to Corporate Officers	Management	For	For	For
4	Amend the Compensation to be received by Corporate Officers	Management	For	For	For
5	Approve Details of the Restricted-Share Compensation Plan to be received by Directors	Management	For	For	For

UNICHARM CORPORATION
Security	J94104114	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	30-Mar-2017
ISIN	JP3951600000	Agenda	707814023 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.1	Appoint a Director except as Supervisory Committee Members Takahara, Keiichiro	Management	For	For	For
1.2	Appoint a Director except as Supervisory Committee Members Takahara, Takahisa	Management	For	For	For
1.3	Appoint a Director except as Supervisory Committee Members Futagami, Gumpei	Management	For	For	For
1.4	Appoint a Director except as Supervisory Committee Members Ishikawa, Eiji	Management	For	For	For
1.5	Appoint a Director except as Supervisory Committee Members Mori, Shinji	Management	For	For	For
1.6	Appoint a Director except as Supervisory Committee Members Nakano, Kennosuke	Management	For	For	For
1.7	Appoint a Director except as Supervisory Committee Members Takai, Masakatsu	Management	For	For	For
1.8	Appoint a Director except as Supervisory Committee Members Miyabayashi, Yoshihiro	Management	For	For	For
2.1	Appoint a Director as Supervisory Committee Members Fujimoto, Kimisuke	Management	For	For	For
2.2	Appoint a Director as Supervisory Committee Members Mitachi, Takashi	Management	For	For	For
2.3	Appoint a Director as Supervisory Committee Members Asada, Shigeru	Management	For	For	For

MAXVALU KYUSHU CO., LTD.
Security	J41638107	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	19-May-2017
ISIN	JP3864830009	Agenda	708072880 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.1	Appoint a Director Sasaki, Tsutomu	Management	For	For	For
1.2	Appoint a Director Inoue, Wataru	Management	For	For	For
1.3	Appoint a Director Aoki, Koichi	Management	For	For	For
1.4	Appoint a Director Hayashida, Suma	Management	For	For	For
1.5	Appoint a Director Tanaka, Minoru	Management	For	For	For
1.6	Appoint a Director Nanya, Kazuhiko	Management	For	For	For

SUGI HOLDINGS CO., LTD.
Security	J7687M106	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	23-May-2017
ISIN	JP3397060009	Agenda	708102532 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.1	Appoint a Director Sugiura, Hirokazu	Management	For	For	For
1.2	Appoint a Director Sakakibara, Eiichi	Management	For	For	For
1.3	Appoint a Director Sugiura, Akiko	Management	For	For	For
1.4	Appoint a Director Sugiura, Katsunori	Management	For	For	For
1.5	Appoint a Director Sugiura, Shinya	Management	For	For	For
1.6	Appoint a Director Kamino, Shigeyuki	Management	For	For	For
1.7	Appoint a Director Hayama, Yoshiko	Management	For	For	For

HANKYU HANSHIN HOLDINGS, INC.
Security	J18439109	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	13-Jun-2017
ISIN	JP3774200004	Agenda	708212535 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2	Amend Articles to: Revise Convenors and Chairpersons of a Shareholders Meeting, Eliminate the Articles Related to Allowing the Board of Directors to Appoint an Advisor	Management	For	For	For
3.1	Appoint a Director Sumi, Kazuo	Management	For	For	For
3.2	Appoint a Director Sugiyama, Takehiro	Management	For	For	For
3.3	Appoint a Director Inoue, Noriyuki	Management	For	For	For
3.4	Appoint a Director Mori, Shosuke	Management	For	For	For
3.5	Appoint a Director Shimatani, Yoshishige	Management	For	For	For
3.6	Appoint a Director Fujiwara, Takaoki	Management	For	For	For
3.7	Appoint a Director Nakagawa, Yoshihiro	Management	For	For	For
3.8	Appoint a Director Shin, Masao	Management	For	For	For
3.9	Appoint a Director Araki, Naoya	Management	For	For	For
4.1	Appoint a Corporate Auditor Ishibashi, Masayoshi	Management	For	For	For
4.2	Appoint a Corporate Auditor Komiyama, Michiari	Management	For	For	For

JSR CORPORATION
Security	J2856K106	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	16-Jun-2017
ISIN	JP3385980002	Agenda	708212434 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2.1	Appoint a Director Koshiba, Mitsunobu	Management	For	For	For
2.2	Appoint a Director Kawasaki, Koichi	Management	For	For	For
2.3	Appoint a Director Kawahashi, Nobuo	Management	For	For	For
2.4	Appoint a Director Shimizu, Takao	Management	For	For	For
2.5	Appoint a Director Matsuda, Yuzuru	Management	For	For	For
2.6	Appoint a Director Sugata, Shiro	Management	For	For	For
2.7	Appoint a Director Seki, Tadayuki	Management	For	For	For
3	Appoint a Corporate Auditor Moriwaki, Sumio	Management	For	For	For
4.1	Appoint a Substitute Corporate Auditor Doi, Makoto	Management	For	For	For
4.2	Appoint a Substitute Corporate Auditor Chiba, Akira	Management	For	For	For
5	Approve Payment of Bonuses to Directors	Management	For	For	For
6	Approve Payment of Performance-based Compensation to Directors	Management	For	For	For
7	Approve Details of the Restricted-Share Compensation Plan to be received by Directors	Management	For	For	For

HITACHI, LTD.
Security	J20454112	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	21-Jun-2017
ISIN	JP3788600009	Agenda	708216292 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.1	Appoint a Director Baba Kalyani	Management	For	For	For
1.2	Appoint a Director Cynthia Carroll	Management	For	For	For
1.3	Appoint a Director Sakakibara, Sadayuki	Management	For	For	For
1.4	Appoint a Director George Buckley	Management	For	For	For
1.5	Appoint a Director Louise Pentland	Management	For	For	For
1.6	Appoint a Director Mochizuki, Harufumi	Management	For	For	For
1.7	Appoint a Director Yamamoto, Takatoshi	Management	For	For	For
1.8	Appoint a Director Philip Yeo	Management	For	For	For
1.9	Appoint a Director Yoshihara, Hiroaki	Management	For	For	For
1.10	Appoint a Director Tanaka, Kazuyuki	Management	For	For	For
1.11	Appoint a Director Nakanishi, Hiroaki	Management	For	For	For
1.12	Appoint a Director Nakamura, Toyoaki	Management	For	For	For
1.13	Appoint a Director Higashihara, Toshiaki	Management	For	For	For

HOYA CORPORATION
Security	J22848105	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	21-Jun-2017
ISIN	JP3837800006	Agenda	708219870 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.1	Appoint a Director Koeda, Itaru	Management	For	For	For
1.2	Appoint a Director Uchinaga, Yukako	Management	For	For	For
1.3	Appoint a Director Urano, Mitsudo	Management	For	For	For
1.4	Appoint a Director Takasu, Takeo	Management	For	For	For
1.5	Appoint a Director Kaihori, Shuzo	Management	For	For	For
1.6	Appoint a Director Suzuki, Hiroshi	Management	For	For	For

SOSEI GROUP CORPORATION
Security	J7637L109	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	22-Jun-2017
ISIN	JP3431300007	Agenda	708244304 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.1	Appoint a Director Tamura, Shinichi	Management	For	For	For
1.2	Appoint a Director Peter Bains	Management	For	For	For
1.3	Appoint a Director Declan Doogan	Management	For	For	For
1.4	Appoint a Director Toyama, Tomohiro	Management	For	For	For
1.5	Appoint a Director Julia Gregory	Management	For	For	For

CYBERDYNE, INC.
Security	J1096P107	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	23-Jun-2017
ISIN	JP3311530004	Agenda	708284093 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.1	Appoint a Director Sankai, Yoshiyuki	Management	For	For	For
1.2	Appoint a Director Ichihashi, Fumiyuki	Management	For	For	For
1.3	Appoint a Director Uga, Shinji	Management	For	For	For
1.4	Appoint a Director Kawamoto, Hiroaki	Management	For	For	For
1.5	Appoint a Director Nakata, Kinichi	Management	For	For	For
1.6	Appoint a Director Yoshida, Kazumasa	Management	For	For	For

1.7	Appoint a Director Imai, Hikari	Management	For	For	For
2.1	Appoint a Corporate Auditor Fujitani, Yutaka	Management	For	For	For
2.2	Appoint a Corporate Auditor Cees Vellekoop	Management	For	For	For
2.3	Appoint a Corporate Auditor Okamura, Kenichiro	Management	For	For	For
3	Approve Issuance of Share Acquisition Rights as Stock Options for Directors and Employees of the Company and the Affiliated Companies, and Outside Partners	Management	For	For	For

EAST JAPAN RAILWAY COMPANY
Security	J1257M109	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	23-Jun-2017
ISIN	JP3783600004	Agenda	708219957 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2.1	Appoint a Director Ota, Tomomichi	Management	For	For	For
2.2	Appoint a Director Arai, Kenichiro	Management	For	For	For
2.3	Appoint a Director Matsuki, Shigeru	Management	For	For	For
3	Appoint a Corporate Auditor Mori, Kimitaka	Management	For	For	For

INES CORPORATION
Security	J23876105	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	23-Jun-2017
ISIN	JP3105000008	Agenda	708234226 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2	Amend Articles to: Expand Business Lines, Adopt Reduction of Liability System for Non-Executive Directors and Corporate Auditors	Management	For	For	For
3.1	Appoint a Director Mori, Etsuro	Management	For	For	For
3.2	Appoint a Director Tsukahara, Susumu	Management	For	For	For
3.3	Appoint a Director Yoshimura, Koichi	Management	For	For	For
3.4	Appoint a Director Takano, Katsushi	Management	For	For	For
3.5	Appoint a Director Hamada, Kazuhide	Management	For	For	For
3.6	Appoint a Director Nishimura, Shoji	Management	For	For	For
4	Appoint a Corporate Auditor Yoshida, Hiroshi	Management	For	For	For
5	Appoint a Substitute Corporate Auditor Haga, Ryo	Management	For	For	For

KAWASAKI KISEN KAISHA, LTD.
Security	J31588114	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	23-Jun-2017
ISIN	JP3223800008	Agenda	708233490 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Share Consolidation	Management	For	For	For
2.1	Appoint a Director Asakura, Jiro	Management	For	For	For
2.2	Appoint a Director Murakami, Eizo	Management	For	For	For
2.3	Appoint a Director Suzuki, Toshiyuki	Management	For	For	For
2.4	Appoint a Director Aoki, Hiromichi	Management	For	For	For
2.5	Appoint a Director Yamauchi, Tsuyoshi	Management	For	For	For
2.6	Appoint a Director Myochin, Yukikazu	Management	For	For	For
2.7	Appoint a Director Okabe, Akira	Management	For	For	For
2.8	Appoint a Director Tanaka, Seiichi	Management	For	For	For
2.9	Appoint a Director Hosomizo, Kiyoshi	Management	For	For	For
3.1	Appoint a Substitute Corporate Auditor Tomoda, Keiji	Management	For	For	For
3.2	Appoint a Substitute Corporate Auditor Shiokawa, Junko	Management	For	For	For

MARUBENI CORPORATION
Security	J39788138	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	23-Jun-2017
ISIN	JP3877600001	Agenda	708212876 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.1	Appoint a Director Asada, Teruo	Management	For	For	For
1.2	Appoint a Director Kokubu, Fumiya	Management	For	For	For
1.3	Appoint a Director Akiyoshi, Mitsuru	Management	For	For	For
1.4	Appoint a Director Yamazoe, Shigeru	Management	For	For	For
1.5	Appoint a Director Minami, Hikaru	Management	For	For	For
1.6	Appoint a Director Yabe, Nobuhiro	Management	For	For	For
1.7	Appoint a Director Kitabata, Takao	Management	For	For	For
1.8	Appoint a Director Takahashi, Kyohei	Management	For	For	For
1.9	Appoint a Director Fukuda, Susumu	Management	For	For	For
1.10	Appoint a Director Okina, Yuri	Management	For	For	For
2.1	Appoint a Corporate Auditor Gunji, Kazuro	Management	For	For	For
2.2	Appoint a Corporate Auditor Hatchoji, Takashi	Management	For	For	For
2.3	Appoint a Corporate Auditor Yoneda, Tsuyoshi	Management	For	For	For

TOBU RAILWAY CO., LTD.
Security	J84162148	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	23-Jun-2017
ISIN	JP3597800006	Agenda	708224009 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2	Approve Share Consolidation	Management	For	For	For
3.1	Appoint a Director Nezu, Yoshizumi	Management	For	For	For
3.2	Appoint a Director Tsunoda, Kenichi	Management	For	For	For
3.3	Appoint a Director Makino, Osamu	Management	For	For	For
3.4	Appoint a Director Inomori, Shinji	Management	For	For	For
3.5	Appoint a Director Miwa, Hiroaki	Management	For	For	For
3.6	Appoint a Director Ojiro, Akihiro	Management	For	For	For
3.7	Appoint a Director Okuma, Yasuyoshi	Management	For	For	For
3.8	Appoint a Director Tsuzuki, Yutaka	Management	For	For	For
3.9	Appoint a Director Yokota, Yoshimi	Management	For	For	For
3.10	Appoint a Director Sekiguchi, Koichi	Management	For	For	For
3.11	Appoint a Director Onodera, Toshiaki	Management	For	For	For
3.12	Appoint a Director Otsuka, Hiroya	Management	For	For	For
3.13	Appoint a Director Yagasaki, Noriko	Management	For	For	For
3.14	Appoint a Director Nomoto, Hirofumi	Management	For	For	For
3.15	Appoint a Director Kobiyama, Takashi	Management	For	For	For
3.16	Appoint a Director Yamamoto, Tsutomu	Management	For	For	For

YAMAE HISANO CO., LTD.
Security	J95622106	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	23-Jun-2017
ISIN	JP3934400007	Agenda	708276212 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2.1	Appoint a Director except as Supervisory Committee Members Tamura, Tetsumaru	Management	For	For	For

2.2	Appoint a Director except as Supervisory Committee Members Oda, Hideto	Management	For	For	For
2.3	Appoint a Director except as Supervisory Committee Members Yamaguchi, Haruyuki	Management	For	For	For
2.4	Appoint a Director except as Supervisory Committee Members Omori, Hiroto	Management	For	For	For
2.5	Appoint a Director except as Supervisory Committee Members Tsukuda, Takahiro	Management	For	For	For
2.6	Appoint a Director except as Supervisory Committee Members Ikeda, Isao	Management	For	For	For
2.7	Appoint a Director except as Supervisory Committee Members Nakamura, Takashi	Management	For	For	For
3	Approve Provision of Retirement Allowance for Retiring Directors	Management	For	For	For

YAMATO HOLDINGS CO., LTD.
Security	J96612114	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	23-Jun-2017
ISIN	JP3940000007	Agenda	708244811 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.1	Appoint a Director Kigawa, Makoto	Management	For	For	For
1.2	Appoint a Director Yamauchi, Masaki	Management	For	For	For
1.3	Appoint a Director Kanda, Haruo	Management	For	For	For
1.4	Appoint a Director Kanamori, Hitoshi	Management	For	For	For
1.5	Appoint a Director Nagao, Yutaka	Management	For	For	For
1.6	Appoint a Director Hagiwara, Toshitaka	Management	For	For	For
1.7	Appoint a Director Mori, Masakatsu	Management	For	For	For
1.8	Appoint a Director Tokuno, Mariko	Management	For	For	For
2	Appoint a Corporate Auditor Yamashita, Takashi	Management	For	For	For

DAI-ICHI LIFE HOLDINGS, INC.
Security	J09748112	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	26-Jun-2017
ISIN	JP3476480003	Agenda	708200934 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2.1	Appoint a Director except as Supervisory Committee Members Watanabe, Koichiro	Management	For	For	For
2.2	Appoint a Director except as Supervisory Committee Members Tsuyuki, Shigeo	Management	For	For	For

2.3	Appoint a Director except as Supervisory Committee Members Inagaki, Seiji	Management	For	For	For
2.4	Appoint a Director except as Supervisory Committee Members Tsutsumi, Satoru	Management	For	For	For
2.5	Appoint a Director except as Supervisory Committee Members Ishii, Kazuma	Management	For	For	For
2.6	Appoint a Director except as Supervisory Committee Members Taketomi, Masao	Management	For	For	For
2.7	Appoint a Director except as Supervisory Committee Members Teramoto, Hideo	Management	For	For	For
2.8	Appoint a Director except as Supervisory Committee Members Kawashima, Takashi	Management	For	For	For
2.9	Appoint a Director except as Supervisory Committee Members George Olcott	Management	For	For	For
2.10	Appoint a Director except as Supervisory Committee Members Maeda, Koichi	Management	For	For	For
3	Appoint Accounting Auditors	Management	For	For	For

KINTETSU WORLD EXPRESS, INC.
Security	J33384108	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	27-Jun-2017
ISIN	JP3262900008	Agenda	708258911 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2	Amend Articles to: Revise Directors with Title	Management	For	For	For
3.1	Appoint a Director Ueda, Kazuyasu	Management	For	For	For
3.2	Appoint a Director Torii, Nobutoshi	Management	For	For	For
3.3	Appoint a Director Tomiyama, Joji	Management	For	For	For
3.4	Appoint a Director Hirata, Keisuke	Management	For	For	For
3.5	Appoint a Director Takahashi, Katsufumi	Management	For	For	For
3.6	Appoint a Director Hirosawa, Kiyoyuki	Management	For	For	For
3.7	Appoint a Director Kobayashi, Tetsuya	Management	For	For	For
3.8	Appoint a Director Ueno, Yukio	Management	For	For	For
3.9	Appoint a Director Tanaka, Sanae	Management	For	For	For
4.1	Appoint a Corporate Auditor Watanabe, Katsumi	Management	For	For	For
4.2	Appoint a Corporate Auditor Kawasaki, Yusuke	Management	For	For	For
4.3	Appoint a Corporate Auditor Yasumoto, Yoshihiro	Management	For	For	For
5	Appoint a Substitute Corporate Auditor Okazaki, Hiroyuki	Management	For	For	For

KYUSHU LEASING SERVICE CO., LTD.
Security	J38511101	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	27-Jun-2017
ISIN	JP3247000007	Agenda	708283053 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.1	Appoint a Director Fujimaru, Osamu	Management	For	For	For
1.2	Appoint a Director Koga, Kyosuke	Management	For	For	For
1.3	Appoint a Director Nakano, Shigeru	Management	For	For	For
1.4	Appoint a Director Higaki, Ryosuke	Management	For	For	For
1.5	Appoint a Director Kurose, Takeo	Management	For	For	For
1.6	Appoint a Director Shibata, Nobuo	Management	For	For	For
1.7	Appoint a Director Manabe, Hirotoshi	Management	For	For	For
1.8	Appoint a Director Takaoka, Yoshio	Management	For	For	For
1.9	Appoint a Director Nonaka, Kohei	Management	For	For	For
2	Appoint a Corporate Auditor Koike, Zenji	Management	For	For	For

MITSUI O.S.K.LINES, LTD.
Security	J45013109	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	27-Jun-2017
ISIN	JP3362700001	Agenda	708233488 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Share Consolidation	Management	For	For	For
2	Amend Articles to: Consolidate Trading Unit under Regulatory Requirements, Expand Business Lines, Approve Minor Revisions	Management	For	For	For
3.1	Appoint a Director Muto, Koichi	Management	For	For	For
3.2	Appoint a Director Ikeda, Junichiro	Management	For	For	For
3.3	Appoint a Director Tanabe, Masahiro	Management	For	For	For
3.4	Appoint a Director Takahashi, Shizuo	Management	For	For	For
3.5	Appoint a Director Hashimoto, Takeshi	Management	For	For	For
3.6	Appoint a Director Maruyama, Takashi	Management	For	For	For
3.7	Appoint a Director Matsushima, Masayuki	Management	For	For	For
3.8	Appoint a Director Fujii, Hideto	Management	For	For	For
3.9	Appoint a Director Katsu, Etsuko	Management	For	For	For
4	Appoint a Corporate Auditor Jitsu, Kenji	Management	For	For	For
5	Appoint a Substitute Corporate Auditor Seki, Isao	Management	For	For	For
6	Approve Issuance of Share Acquisition Rights as Stock Options for Executive Officers and Executives of the Company and Presidents of the Company’s Subsidiaries	Management	For	For	For

TERUMO CORPORATION
Security	J83173104	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	27-Jun-2017
ISIN	JP3546800008	Agenda	708269053 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2.1	Appoint a Director except as Supervisory Committee Members Mimura, Takayoshi	Management	For	For	For
2.2	Appoint a Director except as Supervisory Committee Members Sato, Shinjiro	Management	For	For	For
2.3	Appoint a Director except as Supervisory Committee Members Takagi, Toshiaki	Management	For	For	For
2.4	Appoint a Director except as Supervisory Committee Members Hatano, Shoji	Management	For	For	For
2.5	Appoint a Director except as Supervisory Committee Members Arase, Hideo	Management	For	For	For
2.6	Appoint a Director except as Supervisory Committee Members David Perez	Management	For	For	For
2.7	Appoint a Director except as Supervisory Committee Members Mori, Ikuo	Management	For	For	For
2.8	Appoint a Director except as Supervisory Committee Members Ueda, Ryuzo	Management	For	For	For
3.1	Appoint a Director as Supervisory Committee Members Kimura, Yoshihiro	Management	For	For	For
3.2	Appoint a Director as Supervisory Committee Members Matsumiya, Toshihiko	Management	For	For	For
3.3	Appoint a Director as Supervisory Committee Members Yone, Masatake	Management	For	For	For
4	Appoint a Substitute Director as Supervisory Committee Members Sakaguchi, Koichi	Management	For	For	For

DAIICHIKOUTSU SANGYO CO., LTD.
Security	J09632100	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	28-Jun-2017
ISIN	JP3475300004	Agenda	708290654 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Amend Articles to: Expand Business Lines, Increase Capital Shares to be issued to 156,000,000 shares	Management	For	For	For
2.1	Appoint a Director Kurotsuchi, Hajime	Management	For	For	For
2.2	Appoint a Director Tanaka, Ryoichiro	Management	For	For	For
2.3	Appoint a Director Otsuka, Izumi	Management	For	For	For
2.4	Appoint a Director Yoshizumi, Hisaaki	Management	For	For	For
2.5	Appoint a Director Tarumi, Shigeyuki	Management	For	For	For
2.6	Appoint a Director Tagashira, Hiromi	Management	For	For	For
2.7	Appoint a Director Taniguchi, Masaharu	Management	For	For	For
2.8	Appoint a Director Nakahira, Masayuki	Management	For	For	For
2.9	Appoint a Director Habu, Tetsuo	Management	For	For	For
2.10	Appoint a Director Isomoto, Hiroyuki	Management	For	For	For
2.11	Appoint a Director Ueno, Mineo	Management	For	For	For
2.12	Appoint a Director Shibato, Takashige	Management	For	For	For
2.13	Appoint a Director Kawamoto, Soichi	Management	For	For	For
3	Appoint a Corporate Auditor Kihara, Daisuke	Management	For	For	For

MEIDENSHA CORPORATION
Security	J41594102	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	28-Jun-2017
ISIN	JP3919800007	Agenda	708233200 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2.1	Appoint a Director Inamura, Junzo	Management	For	For	For
2.2	Appoint a Director Hamasaki, Yuji	Management	For	For	For
2.3	Appoint a Director Masaki, Kozo	Management	For	For	For
2.4	Appoint a Director Miida, Takeshi	Management	For	For	For
2.5	Appoint a Director Sugii, Mamoru	Management	For	For	For
2.6	Appoint a Director Machimura, Tadayoshi	Management	For	For	For
2.7	Appoint a Director Kuramoto, Masamichi	Management	For	For	For
2.8	Appoint a Director Morikawa, Tetsuya	Management	For	For	For
2.9	Appoint a Director Takenaka, Hiroyuki	Management	For	For	For
2.10	Appoint a Director Yasui, Junji	Management	For	For	For
3	Appoint a Corporate Auditor Ito, Taketora	Management	For	For	For
4	Appoint a Substitute Corporate Auditor Aiba, Motohiko	Management	For	For	For
5	Approve Payment of Bonuses to Directors	Management	For	For	For
6	Approve Renewal of Policy regarding Large-scale Purchases of Company Shares	Management	For	For	For

T&D HOLDINGS, INC.
Security	J86796109	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	28-Jun-2017
ISIN	JP3539220008	Agenda	708233438 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2.1	Appoint a Director Kida, Tetsuhiro	Management	For	For	For
2.2	Appoint a Director Uehara, Hirohisa	Management	For	For	For
2.3	Appoint a Director Yokoyama, Terunori	Management	For	For	For
2.4	Appoint a Director Matsuyama, Haruka	Management	For	For	For
2.5	Appoint a Director Ogo, Naoki	Management	For	For	For
2.6	Appoint a Director Tanaka, Katsuhide	Management	For	For	For
2.7	Appoint a Director Kudo, Minoru	Management	For	For	For
2.8	Appoint a Director Itasaka, Masafumi	Management	For	For	For
3.1	Appoint a Corporate Auditor Yanai, Junichi	Management	For	For	For
3.2	Appoint a Corporate Auditor Ozawa, Yuichi	Management	For	For	For
4	Appoint a Substitute Corporate Auditor Ezaki, Masayuki	Management	For	For	For
5	Amend the Compensation to be received by Directors	Management	For	For	For

TOHOKU ELECTRIC POWER COMPANY, INCORPORATED
Security	J85108108	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	28-Jun-2017
ISIN	JP3605400005	Agenda	708237626 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2.1	Appoint a Director Kaiwa, Makoto	Management	For	For	For
2.2	Appoint a Director Harada, Hiroya	Management	For	For	For
2.3	Appoint a Director Sakamoto, Mitsuhiro	Management	For	For	For
2.4	Appoint a Director Watanabe, Takao	Management	For	For	For
2.5	Appoint a Director Okanobu, Shinichi	Management	For	For	For
2.6	Appoint a Director Tanae, Hiroshi	Management	For	For	For
2.7	Appoint a Director Hasegawa, Noboru	Management	For	For	For
2.8	Appoint a Director Yamamoto, Shunji	Management	For	For	For

2.9	Appoint a Director Miura, Naoto	Management	For	For	For
2.10	Appoint a Director Nakano, Haruyuki	Management	For	For	For
2.11	Appoint a Director Masuko, Jiro	Management	For	For	For
2.12	Appoint a Director Higuchi, Kojiro	Management	For	For	For
2.13	Appoint a Director Abe, Toshinori	Management	For	For	For
2.14	Appoint a Director Seino, Satoshi	Management	For	For	For
2.15	Appoint a Director Kondo, Shiro	Management	For	For	For
3	Shareholder Proposal: Amend Articles of Incorporation (1)	Shareholder	Against	Against	For
4	Shareholder Proposal: Amend Articles of Incorporation (2)	Shareholder	Against	Against	For
5	Shareholder Proposal: Amend Articles of Incorporation (3)	Shareholder	Against	Against	For
6	Shareholder Proposal: Amend Articles of Incorporation (4)	Shareholder	Against	Against	For
7	Shareholder Proposal: Amend Articles of Incorporation (5)	Shareholder	Against	Against	For

FANUC CORPORATION
Security	J13440102	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Jun-2017
ISIN	JP3802400006	Agenda	708257438 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2	Amend Articles to: Expand Business Lines	Management	For	For	For
3.1	Appoint a Director Inaba, Yoshiharu	Management	For	For	For
3.2	Appoint a Director Yamaguchi, Kenji	Management	For	For	For
3.3	Appoint a Director Uchida, Hiroyuki	Management	For	For	For
3.4	Appoint a Director Gonda, Yoshihiro	Management	For	For	For
3.5	Appoint a Director Inaba, Kiyonori	Management	For	For	For
3.6	Appoint a Director Noda, Hiroshi	Management	For	For	For
3.7	Appoint a Director Kohari, Katsuo	Management	For	For	For
3.8	Appoint a Director Matsubara, Shunsuke	Management	For	For	For
3.9	Appoint a Director Okada, Toshiya	Management	For	For	For
3.10	Appoint a Director Richard E. Schneider	Management	For	For	For
3.11	Appoint a Director Tsukuda, Kazuo	Management	For	For	For
3.12	Appoint a Director Imai, Yasuo	Management	For	For	For
3.13	Appoint a Director Ono, Masato	Management	For	For	For

KAJIMA CORPORATION

Security	J29223120	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Jun-2017
ISIN	JP3210200006	Agenda	708257084 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2.1	Appoint a Director Oshimi, Yoshikazu	Management	For	For	For
2.2	Appoint a Director Atsumi, Naoki	Management	For	For	For
2.3	Appoint a Director Tashiro, Tamiharu	Management	For	For	For
2.4	Appoint a Director Koizumi, Hiroyoshi	Management	For	For	For
2.5	Appoint a Director Uchida, Ken	Management	For	For	For
2.6	Appoint a Director Furukawa, Koji	Management	For	For	For
2.7	Appoint a Director Sakane, Masahiro	Management	For	For	For
2.8	Appoint a Director Saito, Kiyomi	Management	For	For	For
3	Appoint a Corporate Auditor Fukada, Koji	Management	For	For	For
4	Approve Payment of Bonuses to Directors	Management	For	For	For

KEIKYU CORPORATION
Security	J3217R103	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Jun-2017
ISIN	JP3280200001	Agenda	708244772 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2	Approve Share Consolidation	Management	For	For	For
3.1	Appoint a Director Ishiwata, Tsuneo	Management	For	For	For
3.2	Appoint a Director Harada, Kazuyuki	Management	For	For	For
3.3	Appoint a Director Ogura, Toshiyuki	Management	For	For	For
3.4	Appoint a Director Michihira, Takashi	Management	For	For	For
3.5	Appoint a Director Hirokawa, Yuichiro	Management	For	For	For
3.6	Appoint a Director Honda, Toshiaki	Management	For	For	For
3.7	Appoint a Director Takeda, Yoshikazu	Management	For	For	For
3.8	Appoint a Director Sasaki, Kenji	Management	For	For	For
3.9	Appoint a Director Tomonaga, Michiko	Management	For	For	For
3.10	Appoint a Director Hirai, Takeshi	Management	For	For	For
3.11	Appoint a Director Ueno, Kenryo	Management	For	For	For
3.12	Appoint a Director Oga, Shosuke	Management	For	For	For
3.13	Appoint a Director Urabe, Kazuo	Management	For	For	For
3.14	Appoint a Director Watanabe, Shizuyoshi	Management	For	For	For
3.15	Appoint a Director Kawamata, Yukihiro	Management	For	For	For
3.16	Appoint a Director Sato, Kenji	Management	For	For	For

KEIO CORPORATION
Security	J32190126	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Jun-2017
ISIN	JP3277800003	Agenda	708237563 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2	Approve Share Consolidation	Management	For	For	For
3.1	Appoint a Director Nagata, Tadashi	Management	For	For	For
3.2	Appoint a Director Komura, Yasushi	Management	For	For	For
3.3	Appoint a Director Takahashi, Taizo	Management	For	For	For
3.4	Appoint a Director Maruyama, So	Management	For	For	For
3.5	Appoint a Director Nakaoka, Kazunori	Management	For	For	For
3.6	Appoint a Director Ito, Shunji	Management	For	For	For
3.7	Appoint a Director Koshimizu, Yotaro	Management	For	For	For
3.8	Appoint a Director Nakajima, Kazunari	Management	For	For	For
3.9	Appoint a Director Minami, Yoshitaka	Management	For	For	For
3.10	Appoint a Director Takahashi, Atsushi	Management	For	For	For
3.11	Appoint a Director Furuichi, Takeshi	Management	For	For	For
3.12	Appoint a Director Kawasugi, Noriaki	Management	For	For	For
3.13	Appoint a Director Yamamoto, Mamoru	Management	For	For	For
3.14	Appoint a Director Komada, Ichiro	Management	For	For	For
3.15	Appoint a Director Kawase, Akinobu	Management	For	For	For
3.16	Appoint a Director Yasuki, Kunihiko	Management	For	For	For
3.17	Appoint a Director Sakurai, Toshiki	Management	For	For	For
3.18	Appoint a Director Terada, Yuichiro	Management	For	For	For

MITSUI FUDOSAN CO., LTD.
Security	J4509L101	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Jun-2017
ISIN	JP3893200000	Agenda	708234163 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2.1	Appoint a Director Iwasa, Hiromichi	Management	For	For	For
2.2	Appoint a Director Komoda, Masanobu	Management	For	For	For
2.3	Appoint a Director Kitahara, Yoshikazu	Management	For	For	For
2.4	Appoint a Director Fujibayashi, Kiyotaka	Management	For	For	For
2.5	Appoint a Director Onozawa, Yasuo	Management	For	For	For
2.6	Appoint a Director Sato, Masatoshi	Management	For	For	For
2.7	Appoint a Director Ishigami, Hiroyuki	Management	For	For	For
2.8	Appoint a Director Yamamoto, Takashi	Management	For	For	For
2.9	Appoint a Director Yamashita, Toru	Management	For	For	For
2.10	Appoint a Director Egashira, Toshiaki	Management	For	For	For
2.11	Appoint a Director Egawa, Masako	Management	For	For	For
2.12	Appoint a Director Nogimori, Masafumi	Management	For	For	For
3	Approve Payment of Bonuses to Directors	Management	For	For	For
4	Approve Provision of Condolence Allowance for a Deceased Representative Director	Management	For	For	For

NGK SPARK PLUG CO., LTD.
Security	J49119100	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Jun-2017
ISIN	JP3738600000	Agenda	708257212 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.1	Appoint a Director Odo, Shinichi	Management	For	For	For
1.2	Appoint a Director Shibagaki, Shinji	Management	For	For	For
1.3	Appoint a Director Okawa, Teppei	Management	For	For	For
1.4	Appoint a Director Kawajiri, Shogo	Management	For	For	For
1.5	Appoint a Director Nakagawa, Takeshi	Management	For	For	For
1.6	Appoint a Director Kawai, Takeshi	Management	For	For	For
1.7	Appoint a Director Kato, Mikihiko	Management	For	For	For
1.8	Appoint a Director Otaki, Morihiko	Management	For	For	For
1.9	Appoint a Director Yasui, Kanemaru	Management	For	For	For
1.10	Appoint a Director Tamagawa, Megumi	Management	For	For	For
2.1	Appoint a Corporate Auditor Hotta, Yasuhiko	Management	For	For	For
2.2	Appoint a Corporate Auditor Nagatomi, Fumiko	Management	For	For	For
3	Amend the Compensation to be received by Directors	Management	For	For	For
4	Approve Details of the Performance-based Stock Compensation to be received by Directors and Executive Officers	Management	For	For	For

NIPPON EXPRESS CO., LTD.
Security	J53376117	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Jun-2017
ISIN	JP3729400006	Agenda	708282152 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2	Approve Share Consolidation	Management	For	For	For
3	Amend Articles to: Consolidate Trading Unit under Regulatory Requirements	Management	For	For	For
4.1	Appoint a Director Watanabe, Kenji	Management	For	For	For
4.2	Appoint a Director Saito, Mitsuru	Management	For	For	For
4.3	Appoint a Director Ito, Yutaka	Management	For	For	For
4.4	Appoint a Director Ishii, Takaaki	Management	For	For	For
4.5	Appoint a Director Taketsu, Hisao	Management	For	For	For
4.6	Appoint a Director Shimauchi, Takumi	Management	For	For	For
4.7	Appoint a Director Terai, Katsuhiro	Management	For	For	For
4.8	Appoint a Director Sakuma, Fumihiko	Management	For	For	For
4.9	Appoint a Director Akita, Susumu	Management	For	For	For
4.10	Appoint a Director Hayashida, Naoya	Management	For	For	For
4.11	Appoint a Director Horikiri, Satoshi	Management	For	For	For
4.12	Appoint a Director Matsumoto, Yoshiyuki	Management	For	For	For
4.13	Appoint a Director Sugiyama, Masahiro	Management	For	For	For
4.14	Appoint a Director Nakayama, Shigeo	Management	For	For	For
4.15	Appoint a Director Yasuoka, Sadako	Management	For	For	For
5	Appoint a Corporate Auditor Kanki, Tadashi	Management	For	For	For
6	Approve Payment of Bonuses to Directors	Management	For	For	For

NISHI-NIPPON FINANCIAL HOLDINGS, INC.
Security	J56774102	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Jun-2017
ISIN	JP3658850007	Agenda	708282087 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2	Amend Articles to: Expand Business Lines	Management	For	For	For

3.1	Appoint a Director except as Supervisory Committee Members Kubota, Isao	Management	For	For	For
3.2	Appoint a Director except as Supervisory Committee Members Tanigawa, Hiromichi	Management	For	For	For
3.3	Appoint a Director except as Supervisory Committee Members Isoyama, Seiji	Management	For	For	For
3.4	Appoint a Director except as Supervisory Committee Members Kawamoto, Soichi	Management	For	For	For
3.5	Appoint a Director except as Supervisory Committee Members Takata, Kiyota	Management	For	For	For
3.6	Appoint a Director except as Supervisory Committee Members Irie, Hiroyuki	Management	For	For	For
3.7	Appoint a Director except as Supervisory Committee Members Hirota, Shinya	Management	For	For	For
3.8	Appoint a Director except as Supervisory Committee Members Murakami, Hideyuki	Management	For	For	For
3.9	Appoint a Director except as Supervisory Committee Members Takeo, Hiroyuki	Management	For	For	For
4	Amend the Compensation to be received by Directors except as Supervisory Committee Members	Management	For	For	For
5	Amend the Compensation to be received by Directors as Supervisory Committee Members	Management	For	For	For

NISHI-NIPPON RAILROAD CO., LTD.
Security	J56816101	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Jun-2017
ISIN	JP3658800002	Agenda	708233452 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2	Approve Share Consolidation	Management	For	For	For
3.1	Appoint a Director except as Supervisory Committee Members Takeshima, Kazuyuki	Management	For	For	For
3.2	Appoint a Director except as Supervisory Committee Members Kuratomi, Sumio	Management	For	For	For
3.3	Appoint a Director except as Supervisory Committee Members Hiya, Yuji	Management	For	For	For
3.4	Appoint a Director except as Supervisory Committee Members Takasaki, Shigeyuki	Management	For	For	For
3.5	Appoint a Director except as Supervisory Committee Members Miyata, Katsuhiko	Management	For	For	For
3.6	Appoint a Director except as Supervisory Committee Members Shozaki, Hideaki	Management	For	For	For
3.7	Appoint a Director except as Supervisory Committee Members Shimizu, Nobuhiko	Management	For	For	For
3.8	Appoint a Director except as Supervisory Committee Members Harimoto, Kunio	Management	For	For	For
3.9	Appoint a Director except as Supervisory Committee Members Yoshimatsu, Tamio	Management	For	For	For

SANKYO CO., LTD.
Security	J67844100	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Jun-2017
ISIN	JP3326410002	Agenda	708269786 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For

SUMITOMO REALTY & DEVELOPMENT CO., LTD.
Security	J77841112	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Jun-2017
ISIN	JP3409000001	Agenda	708282974 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2.1	Appoint a Director Takashima, Junji	Management	For	For	For
2.2	Appoint a Director Onodera, Kenichi	Management	For	For	For
2.3	Appoint a Director Nishima, Kojun	Management	For	For	For
2.4	Appoint a Director Takemura, Nobuaki	Management	For	For	For
2.5	Appoint a Director Kobayashi, Masato	Management	For	For	For
2.6	Appoint a Director Kato, Hiroshi	Management	For	For	For
2.7	Appoint a Director Aoki, Masumi	Management	For	For	For
2.8	Appoint a Director Odai, Yoshiyuki	Management	For	For	For
2.9	Appoint a Director Ito, Koji	Management	For	For	For
2.10	Appoint a Director Tanaka, Toshikazu	Management	For	For	For
2.11	Appoint a Director Yonekura, Hiromasa	Management	For	For	For
2.12	Appoint a Director Abe, Shoichi	Management	For	For	For
3	Appoint a Corporate Auditor Kitamura, Tadashi	Management	For	For	For
4	Appoint a Substitute Corporate Auditor Uno, Kozo	Management	For	For	For

TAIHEI DENGYO KAISHA, LTD.
Security	J79088100	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Jun-2017
ISIN	JP3447200001	Agenda	708281984 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Share Consolidation	Management	For	For	For
2.1	Appoint a Director Nojiri, Jo	Management	For	For	For
2.2	Appoint a Director Aoki, Yutaka	Management	For	For	For
2.3	Appoint a Director Sekine, Shoichi	Management	For	For	For
2.4	Appoint a Director Kimoto, Toshimune	Management	For	For	For
2.5	Appoint a Director Takeshita, Yasushi	Management	For	For	For
2.6	Appoint a Director Tsurunaga, Toru	Management	For	For	For
2.7	Appoint a Director Kusaka, Shinya	Management	For	For	For
2.8	Appoint a Director Minakuchi, Yoshihisa	Management	For	For	For
2.9	Appoint a Director Yuba, Akira	Management	For	For	For
3.1	Appoint a Corporate Auditor Mitsutomi, Tsutomu	Management	For	For	For
3.2	Appoint a Corporate Auditor Ogasawara, Hiromi	Management	For	For	For
4	Appoint a Substitute Corporate Auditor Ikeuchi, Masatoshi	Management	For	For	For
5	Approve Details of the Performance-based Stock Compensation to be received by Directors	Management	For	For	For

TAKADA CORPORATION
Security	J80335102	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Jun-2017
ISIN	JP3457600009	Agenda	708275638 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1	Approve Appropriation of Surplus	Management	For	For	For
2.1	Appoint a Director Takada, Juichiro	Management	For	For	For
2.2	Appoint a Director Kawakami, Shuji	Management	For	For	For
2.3	Appoint a Director Yoshimatsu, Tetsuo	Management	For	For	For
2.4	Appoint a Director Fukunaga, Hirofumi	Management	For	For	For
2.5	Appoint a Director Noumaru, Yoshiyuki	Management	For	For	For
2.6	Appoint a Director Muta, Ikuji	Management	For	For	For
2.7	Appoint a Director Hasegawa, Keiji	Management	For	For	For
2.8	Appoint a Director Harada, Yasushi	Management	For	For	For
2.9	Appoint a Director Fukuda, Toyohiko	Management	For	For	For
3	Appoint Accounting Auditors	Management	For	For	For

TORISHIMA PUMP MFG.CO., LTD.
Security	J64169105	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	29-Jun-2017
ISIN	JP3636600003	Agenda	708245875 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.1	Appoint a Director except as Supervisory Committee Members Harada, Kotaro	Management	For	For	For
1.2	Appoint a Director except as Supervisory Committee Members Fujikawa, Hiromichi	Management	For	For	For
1.3	Appoint a Director except as Supervisory Committee Members Kujima, Tetsuya	Management	For	For	For
1.4	Appoint a Director except as Supervisory Committee Members Yoshikawa, Nobuyuki	Management	For	For	For
1.5	Appoint a Director except as Supervisory Committee Members Hamu, Koichiro	Management	For	For	For
2.1	Appoint a Director as Supervisory Committee Members Fukuda, Yutaka	Management	For	For	For
2.2	Appoint a Director as Supervisory Committee Members Tsuda, Akira	Management	For	For	For
2.3	Appoint a Director as Supervisory Committee Members Hakukawa, Shiro	Management	For	For	For
3	Appoint a Substitute Director as Supervisory Committee Members Sakamoto, Masanori	Management	For	For	For
4	Approve Continuance of Policy regarding Large-scale Purchases of Company Shares (Anti-Takeover Defense Measures)	Management	For	For	For

Commonwealth Global Fund

Proxy Voting Record

July 1, 2016 – June 30, 2017

DANAOS CORPORATION
Security	Y1968P105	Meeting Type	Annual
Ticker Symbol	DAC	Meeting Date	29-Jul-2016
ISIN	MHY1968P1051	Agenda	934452436 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       MIKLOS KONKOLY-THEGE		For	For	For
	2       WILLIAM REPKO		For	For	For
2.	RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS S.A. AS THE COMPANY’S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2016.	Management	For	For	For

VODAFONE GROUP PLC
Security	92857W308	Meeting Type	Annual
Ticker Symbol	VOD	Meeting Date	29-Jul-2016
ISIN	US92857W3088	Agenda	934454947 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	TO RECEIVE THE COMPANY’S ACCOUNTS, THE STRATEGIC REPORT AND REPORTS OF THE DIRECTORS AND THE AUDITOR FOR THE YEAR ENDED 31 MARCH 2016	Management	For	For	For
2.	TO RE-ELECT GERARD KLEISTERLEE AS A DIRECTOR	Management	For	For	For
3.	TO RE-ELECT VITTORIO COLAO AS A DIRECTOR	Management	For	For	For
4.	TO RE-ELECT NICK READ AS A DIRECTOR	Management	For	For	For
5.	TO RE-ELECT SIR CRISPIN DAVIS AS A DIRECTOR	Management	For	For	For
6.	TO RE-ELECT DR MATHIAS DOPFNER AS A DIRECTOR	Management	For	For	For
7.	TO RE-ELECT DAME CLARA FURSE AS A DIRECTOR	Management	For	For	For
8.	TO RE-ELECT VALERIE GOODING AS A DIRECTOR	Management	For	For	For
9.	TO RE-ELECT RENEE JAMES AS A DIRECTOR	Management	For	For	For
10.	TO RE-ELECT SAMUEL JONAH AS A DIRECTOR	Management	For	For	For

11.	TO RE-ELECT NICK LAND AS A DIRECTOR	Management	For	For	For
12.	TO ELECT DAVID NISH AS A DIRECTOR IN ACCORDANCE WITH THE COMPANY’S ARTICLES OF ASSOCIATION	Management	For	For	For
13.	TO RE-ELECT PHILIP YEA AS A DIRECTOR	Management	For	For	For
14.	TO DECLARE A FINAL DIVIDEND OF 7.77 PENCE PER ORDINARY SHARE FOR THE YEAR ENDED 31 MARCH 2016	Management	For	For	For
15.	TO APPROVE THE REMUNERATION REPORT OF THE BOARD FOR THE YEAR ENDED 31 MARCH 2016	Management	For	For	For
16.	TO REAPPOINT PRICEWATERHOUSE COOPERS LLP AS THE COMPANY’S AUDITOR UNTIL THE END OF THE NEXT GENERAL MEETING AT WHICH ACCOUNTS ARE LAID BEFORE THE COMPANY	Management	For	For	For
17.	TO AUTHORISE THE AUDIT AND RISK COMMITTEE TO DETERMINE THE REMUNERATION OF THE AUDITOR	Management	For	For	For
18.	TO AUTHORISE THE DIRECTORS TO ALLOT SHARES	Management	For	For	For
19.	TO AUTHORISE THE DIRECTORS TO DIS-APPLY PRE-EMPTION RIGHTS (SPECIAL RESOLUTION)	Management	For	For	For
20.	TO AUTHORISE THE DIRECTORS TO DIS-APPLY PRE-EMPTION RIGHTS UP TO A FURTHER 5 PER CENT FOR THE PURPOSES OF FINANCING AN ACQUISITION OR OTHER CAPITAL INVESTMENT (SPECIAL RESOLUTION)	Management	For	For	For
21.	TO AUTHORISE THE COMPANY TO PURCHASE ITS OWN SHARES (SPECIAL RESOLUTION)	Management	For	For	For
22.	TO AUTHORISE POLITICAL DONATIONS AND EXPENDITURE	Management	For	For	For
23.	TO AUTHORISE THE COMPANY TO CALL GENERAL MEETINGS (OTHER THAN AGMS) ON 14 CLEAR DAYS’ NOTICE (SPECIAL RESOLUTION)	Management	For	For	For

NETAPP, INC
Security	64110D104	Meeting Type	Annual
Ticker Symbol	NTAP	Meeting Date	15-Sep-2016
ISIN	US64110D1046	Agenda	934465445 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: T. MICHAEL NEVENS	Management	For	For	For
1B.	ELECTION OF DIRECTOR: JEFFRY R. ALLEN	Management	For	For	For
1C.	ELECTION OF DIRECTOR: ALAN L. EARHART	Management	For	For	For
1D.	ELECTION OF DIRECTOR: GERALD HELD	Management	For	For	For
1E.	ELECTION OF DIRECTOR: KATHRYN M. HILL	Management	For	For	For
1F.	ELECTION OF DIRECTOR: GEORGE KURIAN	Management	For	For	For
1G.	ELECTION OF DIRECTOR: GEORGE T. SHAHEEN	Management	For	For	For
1H.	ELECTION OF DIRECTOR: STEPHEN M. SMITH	Management	For	For	For
1I.	ELECTION OF DIRECTOR: ROBERT T. WALL	Management	For	For	For
1J.	ELECTION OF DIRECTOR: RICHARD P. WALLACE	Management	For	For	For
2.	TO APPROVE AN AMENDMENT TO NETAPP’S AMENDED AND RESTATED 1999 STOCK OPTION PLAN TO INCREASE THE SHARE RESERVE BY AN ADDITIONAL 4,300,000 SHARES OF COMMON STOCK.	Management	For	For	For
3.	TO APPROVE AN AMENDMENT TO NETAPP’S EMPLOYEE STOCK PURCHASE PLAN TO INCREASE THE SHARE RESERVE BY AN ADDITIONAL 2,500,000 SHARES OF COMMON STOCK.	Management	For	For	For
4.	TO CONDUCT AN ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.	Management	For	For	For
5.	TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS NETAPP’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING APRIL 28, 2017.	Management	For	For	For

DIAGEO PLC
Security	25243Q205	Meeting Type	Annual
Ticker Symbol	DEO	Meeting Date	21-Sep-2016
ISIN	US25243Q2057	Agenda	934471703 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	REPORT AND ACCOUNTS 2016.	Management	For	For	For
2.	DIRECTORS’ REMUNERATION REPORT 2016.	Management	For	For	For
3.	DECLARATION OF FINAL DIVIDEND.	Management	For	For	For
4.	RE-ELECTION OF PB BRUZELIUS AS A DIRECTOR. (AUDIT, NOMINATION, REMUNERATION)	Management	For	For	For
5.	RE-ELECTION OF LORD DAVIES AS A DIRECTOR. (AUDIT, NOMINATION, REMUNERATION, CHAIRMAN OF COMMITTEE)	Management	For	For	For
6.	RE-ELECTION OF HO KWONPING AS A DIRECTOR. (AUDIT, NOMINATION, REMUNERATION)	Management	For	For	For
7.	RE-ELECTION OF BD HOLDEN AS A DIRECTOR. (AUDIT, NOMINATION, REMUNERATION)	Management	For	For	For
8.	RE-ELECTION OF DR FB HUMER AS A DIRECTOR. (NOMINATION, CHAIRMAN OF COMMITTEE)	Management	For	For	For
9.	RE-ELECTION OF NS MENDELSOHN AS A DIRECTOR. (AUDIT, NOMINATION, REMUNERATION)	Management	For	For	For
10.	RE-ELECTION OF IM MENEZES AS A DIRECTOR. (EXECUTIVE, CHAIRMAN OF COMMITTEE)	Management	For	For	For
11.	RE-ELECTION OF PG SCOTT AS A DIRECTOR. (AUDIT, CHAIRMAN OF COMMITTEE, NOMINATION, REMUNERATION)	Management	For	For	For
12.	RE-ELECTION OF AJH STEWART AS A DIRECTOR. (AUDIT, NOMINATION, REMUNERATION)	Management	For	For	For
13.	ELECTION OF J FERRAN AS A DIRECTOR. (AUDIT, NOMINATION, REMUNERATION)	Management	For	For	For
14.	ELECTION OF KA MIKELLS AS A DIRECTOR. (EXECUTIVE)	Management	For	For	For
15.	ELECTION OF EN WALMSLEY AS A DIRECTOR. (AUDIT, NOMINATION, REMUNERATION)	Management	For	For	For
16.	RE-APPOINTMENT OF AUDITOR.	Management	For	For	For
17.	REMUNERATION OF AUDITOR.	Management	For	For	For
18.	AUTHORITY TO ALLOT SHARES.	Management	For	For	For
19.	DISAPPLICATION OF PRE-EMPTION RIGHTS.	Management	For	For	For
20.	AUTHORITY TO PURCHASE OWN ORDINARY SHARES AT 28 101/108 PENCE (THE “ORDINARY SHARES”).	Management	For	For	For
21.	AUTHORITY TO MAKE POLITICAL DONATIONS AND/OR TO INCUR POLITICAL EXPENDITURE IN THE EU.	Management	For	For	For

CAL-MAINE FOODS, INC.
Security	128030202	Meeting Type	Annual
Ticker Symbol	CALM	Meeting Date	30-Sep-2016
ISIN	US1280302027	Agenda	934475701 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       ADOLPHUS B. BAKER		For	For	For
	2       TIMOTHY A. DAWSON		For	For	For
	3       LETITIA C. HUGHES		For	For	For
	4       SHERMAN L. MILLER		For	For	For
	5       JAMES E. POOLE		For	For	For
	6       STEVE W. SANDERS		For	For	For
2.	RATIFICATION OF THE SELECTION OF FROST, PLLC AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF THE COMPANY FOR FISCAL YEAR 2017.	Management	For	For	For

THE PROCTER & GAMBLE COMPANY
Security	742718109	Meeting Type	Annual
Ticker Symbol	PG	Meeting Date	11-Oct-2016
ISIN	US7427181091	Agenda	934472616 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: FRANCIS S. BLAKE	Management	For	For	For
1B.	ELECTION OF DIRECTOR: ANGELA F. BRALY	Management	For	For	For
1C.	ELECTION OF DIRECTOR: KENNETH I. CHENAULT	Management	For	For	For
1D.	ELECTION OF DIRECTOR: SCOTT D. COOK	Management	For	For	For
1E.	ELECTION OF DIRECTOR: TERRY J. LUNDGREN	Management	For	For	For
1F.	ELECTION OF DIRECTOR: W. JAMES MCNERNEY, JR.	Management	For	For	For
1G.	ELECTION OF DIRECTOR: DAVID S. TAYLOR	Management	For	For	For
1H.	ELECTION OF DIRECTOR: MARGARET C. WHITMAN	Management	For	For	For
1I.	ELECTION OF DIRECTOR: PATRICIA A. WOERTZ	Management	For	For	For
1J.	ELECTION OF DIRECTOR: ERNESTO ZEDILLO	Management	For	For	For

2.	RATIFY APPOINTMENT OF THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	Management	For	For	For
3.	ADVISORY VOTE ON THE COMPANY’S EXECUTIVE COMPENSATION (THE “SAY ON PAY” VOTE)	Management	For	For	For
4.	SHAREHOLDER PROPOSAL - REPORT ON LOBBYING POLICIES OF THIRD PARTY ORGANIZATIONS	Shareholder	Against	Against	For
5.	SHAREHOLDER PROPOSAL - REPORT ON APPLICATION OF COMPANY NON - DISCRIMINATION POLICIES IN STATES WITH PRO-DISCRIMINATION LAWS	Shareholder	Against	Against	For

SKY PLC
Security	83084V106	Meeting Type	Annual
Ticker Symbol	SKYAY	Meeting Date	13-Oct-2016
ISIN	US83084V1061	Agenda	934482530 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	TO RECEIVE THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2016, TOGETHER WITH THE REPORT OF THE DIRECTORS AND AUDITORS	Management	For	For	For
2.	TO DECLARE A FINAL DIVIDEND FOR THE YEAR ENDED 30 JUNE 2016	Management	For	For	For
3.	TO APPROVE THE DIRECTORS’ REMUNERATION REPORT (EXCLUDING THE DIRECTORS’ REMUNERATION POLICY)	Management	For	For	For
4.	TO REAPPOINT JEREMY DARROCH AS A DIRECTOR	Management	For	For	For
5.	TO REAPPOINT ANDREW GRIFFITH AS A DIRECTOR	Management	For	For	For
6.	TO REAPPOINT TRACY CLARKE AS A DIRECTOR	Management	For	For	For
7.	TO REAPPOINT MARTIN GILBERT AS A DIRECTOR	Management	For	For	For
8.	TO REAPPOINT ADINE GRATE AS A DIRECTOR	Management	For	For	For
9.	TO REAPPOINT MATTHIEU PIGASSE AS A DIRECTOR	Management	For	For	For
10.	TO REAPPOINT ANDY SUKAWATY AS A DIRECTOR	Management	For	For	For
11.	TO REAPPOINT JAMES MURDOCH AS A DIRECTOR	Management	For	For	For
12.	TO REAPPOINT CHASE CAREY AS A DIRECTOR	Management	For	For	For

13.	TO APPOINT JOHN NALLEN AS A DIRECTOR	Management	For	For	For
14.	TO REAPPOINT DELOITTE LLP AS AUDITORS OF THE COMPANY AND TO AUTHORISE THE AUDIT COMMITTEE OF THE BOARD TO AGREE THEIR REMUNERATION	Management	For	For	For
15.	TO AUTHORISE THE COMPANY AND ITS SUBSIDIARIES TO MAKE POLITICAL DONATIONS AND INCUR POLITICAL EXPENDITURE	Management	For	For	For
16.	TO AUTHORISE THE DIRECTORS TO ALLOT SHARES UNDER SECTION 551 OF THE COMPANIES ACT 2006	Management	For	For	For
17.	TO AUTHORISE THE DIRECTORS TO DISAPPLY PRE-EMPTION RIGHTS (SPECIAL RESOLUTION)	Management	For	For	For
18.	TO AUTHORISE THE DIRECTORS TO DISAPPLY PRE-EMPTION RIGHTS FOR THE PURPOSES OF ACQUISITIONS OR CAPITAL INVESTMENTS (SPECIAL RESOLUTION)	Management	For	For	For
19.	TO ALLOW THE COMPANY TO HOLD GENERAL MEETINGS (OTHER THAN ANNUAL GENERAL MEETINGS) ON 14 DAYS’ NOTICE (SPECIAL RESOLUTION)	Management	For	For	For

BRIGGS & STRATTON CORPORATION
Security	109043109	Meeting Type	Annual
Ticker Symbol	BGG	Meeting Date	26-Oct-2016
ISIN	US1090431099	Agenda	934477692 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       JEFFREY R. HENNION		For	For	For
	2       PATRICIA L. KAMPLING		For	For	For
	3       TODD J. TESKE		For	For	For
2.	RATIFY DELOITTE & TOUCHE LLP AS THE COMPANY’S INDEPENDENT AUDITORS.	Management	For	For	For
3.	APPROVE, BY NON-BINDING ADVISORY VOTE, EXECUTIVE COMPENSATION.	Management	For	For	For

NICE LTD.
Security	653656108	Meeting Type	Special
Ticker Symbol	NICE	Meeting Date	21-Dec-2016
ISIN	US6536561086	Agenda	934510290 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	TO AMEND THE COMPANY’S ARTICLES OF ASSOCIATION.	Management	Abstain	For	Against
2.	TO AMEND THE COMPANY’S COMPENSATION POLICY FOR OFFICE HOLDERS.	Management	Abstain	For	Against

SIEMENS AG
Security	826197501	Meeting Type	Annual
Ticker Symbol	SIEGY	Meeting Date	01-Feb-2017
ISIN	US8261975010	Agenda	934519402 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
2.	APPROPRIATION OF NET INCOME.	Management	For	For	For
3.	RATIFICATION OF THE ACTS OF THE MANAGING BOARD.	Management	For	For	For
4.	RATIFICATION OF THE ACTS OF THE SUPERVISORY BOARD.	Management	For	For	For
5.	APPOINTMENT OF INDEPENDENT AUDITORS.	Management	For	For	For

AECOM
Security	00766T100	Meeting Type	Annual
Ticker Symbol	ACM	Meeting Date	01-Mar-2017
ISIN	US00766T1007	Agenda	934522447 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       MICHAEL S. BURKE		For	For	For
	2       JAMES H. FORDYCE		For	For	For
	3       SENATOR WILLIAM H.FRIST		For	For	For
	4       LINDA GRIEGO		For	For	For
	5       DAVID W. JOOS		For	For	For
	6       DR. ROBERT J. ROUTS		For	For	For
	7       CLARENCE T. SCHMITZ		For	For	For
	8       DOUGLAS W. STOTLAR		For	For	For
	9       DANIEL R. TISHMAN		For	For	For
	10     JANET C. WOLFENBARGER		For	For	For

2.	RATIFY THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2017.	Management	For	For	For
3.	APPROVE THE AMENDED AND RESTATED 2016 STOCK INCENTIVE PLAN.	Management	For	For	For
4.	APPROVE AN AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO REMOVE THE SUPERMAJORITY PROVISION.	Management	For	For	For
5.	ADVISORY VOTE ON THE FREQUENCY OF FUTURE STOCKHOLDER ADVISORY VOTES ON THE COMPANY’S EXECUTIVE COMPENSATION.	Management	1 Year	1 Year	For
6.	ADVISORY VOTE TO APPROVE THE COMPANY’S EXECUTIVE COMPENSATION.	Management	For	For	For

SK TELECOM CO., LTD.
Security	78440P108	Meeting Type	Annual
Ticker Symbol	SKM	Meeting Date	24-Mar-2017
ISIN	US78440P1084	Agenda	934539593 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	APPROVAL OF FINANCIAL STATEMENTS FOR THE 33RD FISCAL YEAR (FROM JANUARY 1, 2016 TO DECEMBER 31, 2016) AS SET FORTH IN ITEM 1 OF THE COMPANY’S AGENDA ENCLOSED HEREWITH.	Management	For	For	For
2.	APPROVAL OF AMENDMENTS TO THE ARTICLES OF INCORPORATION AS SET FORTH IN ITEM 2 OF THE COMPANY’S AGENDA ENCLOSED HEREWITH.	Management	For	For	For
3.1	ELECTION OF AN EXECUTIVE DIRECTOR (CANDIDATE: PARK, JUNG HO)	Management	For	For	For
3.2	ELECTION OF A NON-EXECUTIVE DIRECTOR* (CANDIDATE: CHO, DAESIK) *DIRECTOR NOT ENGAGED IN REGULAR BUSINESS	Management	For	For	For
3.3	ELECTION OF AN INDEPENDENT DIRECTOR (CANDIDATE: LEE, JAE HOON)	Management	For	For	For
3.4	ELECTION OF AN INDEPENDENT DIRECTOR (CANDIDATE: AHN, JAE- HYEON)	Management	For	For	For

3.5	ELECTION OF AN INDEPENDENT DIRECTOR (CANDIDATE: AHN, JUNG-HO)	Management	For	For	For
4.1	ELECTION OF A MEMBER OF THE AUDIT COMMITTEE (CANDIDATE: LEE, JAE HOON)	Management	For	For	For
4.2	ELECTION OF A MEMBER OF THE AUDIT COMMITTEE (CANDIDATE: AHN, JAE-HYEON)	Management	For	For	For
5.	APPROVAL OF THE CEILING AMOUNT OF THE REMUNERATION FOR DIRECTORS *PROPOSED CEILING AMOUNT OF THE REMUNERATION FOR 6 DIRECTORS IS KRW 12 BILLION.	Management	For	For	For
6.	APPROVAL OF THE STOCK OPTION GRANT AS SET FORTH IN ITEM 5 OF THE COMPANY’S AGENDA ENCLOSED HEREWITH.	Management	For	For	For

NESTLE S.A.
Security	641069406	Meeting Type	Annual
Ticker Symbol	NSRGY	Meeting Date	06-Apr-2017
ISIN	US6410694060	Agenda	934543667 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	APPROVAL OF THE ANNUAL REVIEW, THE FINANCIAL STATEMENTS OF NESTLE S.A. AND THE CONSOLIDATED FINANCIAL STATEMENTS OF THE NESTLE GROUP FOR 2016	Management	For	For	For
1B.	ACCEPTANCE OF THE COMPENSATION REPORT 2016 (ADVISORY VOTE)	Management	For	For	For
2.	DISCHARGE TO THE MEMBERS OF THE BOARD OF DIRECTORS AND OF THE MANAGEMENT	Management	For	For	For
3.	APPROPRIATION OF PROFIT RESULTING FROM THE BALANCE SHEET OF NESTLE S.A. (PROPOSED DIVIDEND) FOR THE FINANCIAL YEAR 2016	Management	For	For	For
4AA	RE-ELECTION TO THE BOARD OF DIRECTOR: MR PAUL BULCKE	Management	For	For	For
4AB	RE-ELECTION TO THE BOARD OF DIRECTOR: MR ANDREAS KOOPMANN	Management	For	For	For
4AC	RE-ELECTION TO THE BOARD OF DIRECTOR: MR HENRI DE CASTRIES	Management	For	For	For
4AD	RE-ELECTION TO THE BOARD OF DIRECTOR: MR BEAT W. HESS	Management	For	For	For
4AE	RE-ELECTION TO THE BOARD OF DIRECTOR: MR RENATO FASSBIND	Management	For	For	For

4AF	RE-ELECTION TO THE BOARD OF DIRECTOR: MR STEVEN G. HOCH	Management	For	For	For
4AG	RE-ELECTION TO THE BOARD OF DIRECTOR: MS NAINA LAL KIDWAI	Management	For	For	For
4AH	RE-ELECTION TO THE BOARD OF DIRECTOR: MR JEAN-PIERRE ROTH	Management	For	For	For
4AI	RE-ELECTION TO THE BOARD OF DIRECTOR: MS ANN M. VENEMAN	Management	For	For	For
4AJ	RE-ELECTION TO THE BOARD OF DIRECTOR: MS EVA CHENG	Management	For	For	For
4AK	RE-ELECTION TO THE BOARD OF DIRECTOR: MS RUTH K. ONIANG’O	Management	For	For	For
4AL	RE-ELECTION TO THE BOARD OF DIRECTOR: MR PATRICK AEBISCHER	Management	For	For	For
4BA	ELECTION TO THE BOARD OF DIRECTOR: MR ULF MARK SCHNEIDER	Management	For	For	For
4BB	ELECTION TO THE BOARD OF DIRECTOR: MS URSULA M. BURNS	Management	For	For	For
4C.	ELECTION OF THE CHAIRMAN OF THE BOARD OF DIRECTOR MR PAUL BULCKE	Management	For	For	For
4DA	ELECTION OF THE MEMBER OF THE COMPENSATION COMMITTEE: MR BEAT W. HESS	Management	For	For	For
4DB	ELECTION OF THE MEMBER OF THE COMPENSATION COMMITTEE: MR ANDREAS KOOPMANN	Management	For	For	For
4DC	ELECTION OF THE MEMBER OF THE COMPENSATION COMMITTEE: MR JEAN-PIERRE ROTH	Management	For	For	For
4DD	ELECTION OF THE MEMBER OF THE COMPENSATION COMMITTEE: MR PATRICK AEBISCHER	Management	For	For	For
4E.	ELECTION OF THE STATUTORY AUDITORS KPMG SA, GENEVA BRANCH	Management	For	For	For
4F.	ELECTION OF THE INDEPENDENT REPRESENTATIVE, HARTMANN DREYER, ATTORNEYS-AT-LAW	Management	For	For	For
5A.	APPROVAL OF THE COMPENSATION OF THE BOARD OF DIRECTORS	Management	For	For	For
5B.	APPROVAL OF THE COMPENSATION OF THE EXECUTIVE BOARD	Management	For	For	For
6.	IN THE EVENT OF ANY YET UNKNOWN OR MODIFIED PROPOSAL BY A SHAREHOLDER DURING THE GENERAL MEETING, I INSTRUCT THE INDEPENDENT REPRESENTATIVE TO VOTE AS FOLLOWS: “FOR” = VOTE FOR ANY SUCH YET UNKNOWN PROPOSAL; “AGAINST” = VOTE AGAINST ANY SUCH YET UNKNOWN PROPOSAL; “ABSTAIN” = ABSTAIN	Shareholder	Against	Against	For

COMPANIA CERVECERIAS UNIDAS
Security	204429104	Meeting Type	Annual
Ticker Symbol	CCU	Meeting Date	12-Apr-2017
ISIN	US2044291043	Agenda	934562504 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
2	APPROVAL OF THE ANNUAL REPORT, BALANCE SHEET, FINANCIAL STATEMENTS AND EXTERNAL AUDITORS’ REPORT CORRESPONDING TO THE FISCAL YEAR ENDED ON DECEMBER 31ST, 2016.	Management	For	For	For
3	DISTRIBUTION OF THE PROFITS ACCRUED DURING FISCAL YEAR 2016 AND DIVIDEND PAYMENT.	Management	For	For	For
5	DETERMINATION OF THE BOARD OF DIRECTORS MEMBERS’ REMUNERATION FOR FISCAL YEAR 2017.	Management	For	For	For
6	DETERMINATION OF THE COMMITTEE OF DIRECTORS BUDGET AND REMUNERATION FOR ITS MEMBERS FOR FISCAL YEAR 2017.	Management	For	For	For
7	DETERMINATION OF THE AUDIT COMMITTEE BUDGET AND REMUNERATION FOR ITS MEMBERS FOR FISCAL YEAR 2017.	Management	For	For	For
8A	APPOINTMENT OF EXTERNAL AUDITORS FOR THE 2017 FISCAL YEAR.	Management	For	For	For
8B	APPOINTMENT OF RISK RATING AGENCIES FOR THE 2017 FISCAL YEAR.	Management	For	For	For
11B	REVIEW ALL OTHER MATTERS THAT ARE OF CORPORATE INTEREST AND SUBJECT TO THE SHAREHOLDERS’ MEETING’S COMPETENCE, PURSUANT TO APPLICABLE LAW AND THE CORPORATION’S BY-LAWS: DETERMINATION OF THE JOURNAL OR NEWSPAPER FROM THE REGISTERED DOMICILE OF THE CORPORATION FOR LEGAL PUBLICATIONS.	Management	For	For	For

PUBLIC SERVICE ENTERPRISE GROUP INC.
Security	744573106	Meeting Type	Annual
Ticker Symbol	PEG	Meeting Date	18-Apr-2017
ISIN	US7445731067	Agenda	934544140 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: WILLIE A. DEESE	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: ALBERT R. GAMPER, JR.	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: WILLIAM V. HICKEY	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: RALPH IZZO	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: SHIRLEY ANN JACKSON	Management	Abstain	For	Against
1F.	ELECTION OF DIRECTOR: DAVID LILLEY	Management	Abstain	For	Against
1G.	ELECTION OF DIRECTOR: THOMAS A. RENYI	Management	Abstain	For	Against
1H.	ELECTION OF DIRECTOR: HAK CHEOL (H.C.) SHIN	Management	Abstain	For	Against
1I.	ELECTION OF DIRECTOR: RICHARD J. SWIFT	Management	Abstain	For	Against
1J.	ELECTION OF DIRECTOR: SUSAN TOMASKY	Management	Abstain	For	Against
1K.	ELECTION OF DIRECTOR: ALFRED W. ZOLLAR	Management	Abstain	For	Against
2.	ADVISORY VOTE ON THE APPROVAL OF EXECUTIVE COMPENSATION	Management	Abstain	For	Against
3.	ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION	Management	Abstain	1 Year	Against
4.	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITOR FOR THE YEAR 2017	Management	Abstain	For	Against

WELLS FARGO & COMPANY
Security	949746101	Meeting Type	Annual
Ticker Symbol	WFC	Meeting Date	25-Apr-2017
ISIN	US9497461015	Agenda	934543314 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: JOHN D. BAKER II	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: JOHN S. CHEN	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: LLOYD H. DEAN	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: ELIZABETH A. DUKE	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: ENRIQUE HERNANDEZ, JR.	Management	Abstain	For	Against
1F.	ELECTION OF DIRECTOR: DONALD M. JAMES	Management	Abstain	For	Against

1G.	ELECTION OF DIRECTOR: CYNTHIA H. MILLIGAN	Management	Abstain	For	Against
1H.	ELECTION OF DIRECTOR: KAREN B. PEETZ	Management	Abstain	For	Against
1I.	ELECTION OF DIRECTOR: FEDERICO F. PENA	Management	Abstain	For	Against
1J.	ELECTION OF DIRECTOR: JAMES H. QUIGLEY	Management	Abstain	For	Against
1K.	ELECTION OF DIRECTOR: STEPHEN W. SANGER	Management	Abstain	For	Against
1L.	ELECTION OF DIRECTOR: RONALD L. SARGENT	Management	Abstain	For	Against
1M.	ELECTION OF DIRECTOR: TIMOTHY J. SLOAN	Management	Abstain	For	Against
1N.	ELECTION OF DIRECTOR: SUSAN G. SWENSON	Management	Abstain	For	Against
1O.	ELECTION OF DIRECTOR: SUZANNE M. VAUTRINOT	Management	Abstain	For	Against
2.	ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION.	Management	Abstain	For	Against
3.	ADVISORY PROPOSAL ON THE FREQUENCY OF FUTURE ADVISORY VOTES TO APPROVE EXECUTIVE COMPENSATION.	Management	Abstain	1 Year	Against
4.	RATIFY THE APPOINTMENT OF KPMG LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017.	Management	Abstain	For	Against
5.	STOCKHOLDER PROPOSAL - RETAIL BANKING SALES PRACTICES REPORT.	Shareholder	Abstain	Against	Against
6.	STOCKHOLDER PROPOSAL - CUMULATIVE VOTING.	Shareholder	Abstain	Against	Against
7.	STOCKHOLDER PROPOSAL - DIVESTING NON-CORE BUSINESS REPORT.	Shareholder	Abstain	Against	Against
8.	STOCKHOLDER PROPOSAL - GENDER PAY EQUITY REPORT.	Shareholder	Abstain	Against	Against
9.	STOCKHOLDER PROPOSAL - LOBBYING REPORT.	Shareholder	Abstain	Against	Against
10.	STOCKHOLDER PROPOSAL - INDIGENOUS PEOPLES’ RIGHTS POLICY.	Shareholder	Abstain	Against	Against

UNILEVER N.V.
Security	904784709	Meeting Type	Annual
Ticker Symbol	UN	Meeting Date	26-Apr-2017
ISIN	US9047847093	Agenda	934555915 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
2.	TO ADOPT THE ANNUAL ACCOUNTS AND APPROPRIATION OF THE PROFIT FOR THE 2016 FINANCIAL YEAR	Management	For	For	For
3.	TO DISCHARGE THE EXECUTIVE DIRECTORS IN OFFICE IN THE 2016 FINANCIAL YEAR FOR THE FULFILMENT OF THEIR TASK	Management	For	For	For
4.	TO DISCHARGE THE NON-EXECUTIVE DIRECTORS IN OFFICE IN THE 2016 FINANCIAL YEAR FOR THE FULFILMENT OF THEIR TASK	Management	For	For	For
5.	TO APPROVE THE DIRECTORS REMUNERATION POLICY	Management	For	For	For
6.	TO APPROVE THE UNILEVER SHARE PLAN 2017	Management	For	For	For
7.	TO REAPPOINT MR N S ANDERSEN AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
8.	TO REAPPOINT MRS L M CHA AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
9.	TO REAPPOINT MR V COLAO AS A NON- EXECUTIVE DIRECTOR	Management	For	For	For
10.	TO REAPPOINT DR M DEKKERS AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
11.	TO REAPPOINT MS A M FUDGE AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
12.	TO REAPPOINT DR J HARTMANN AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
13.	TO REAPPOINT MS M MA AS A NON- EXECUTIVE DIRECTOR	Management	For	For	For
14.	TO REAPPOINT MR S MASIYIWA AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
15.	TO REAPPOINT PROFESSOR Y MOON AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
16.	TO REAPPOINT MR G PITKETHLY AS AN EXECUTIVE DIRECTOR	Management	For	For	For
17.	TO REAPPOINT MR P G J M POLMAN AS AN EXECUTIVE DIRECTOR	Management	For	For	For
18.	TO REAPPOINT MR J RISHTON AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
19.	TO REAPPOINT MR F SIJBESMA AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
20.	TO APPOINT KPMG AS THE AUDITOR CHARGED WITH THE AUDITING OF THE ANNUAL ACCOUNTS FOR THE 2017 FINANCIAL YEAR	Management	For	For	For
21.	TO DESIGNATE THE BOARD OF DIRECTORS AS THE COMPANY BODY AUTHORISED TO ISSUE SHARES IN THE SHARE CAPITAL OF THE COMPANY	Management	For	For	For

22.	TO AUTHORISE THE BOARD OF DIRECTORS TO PURCHASE SHARES AND DEPOSITARY RECEIPTS THEREOF IN THE SHARE CAPITAL OF THE COMPANY	Management	For	For	For
23.	TO REDUCE THE CAPITAL WITH RESPECT TO SHARES AND DEPOSITARY RECEIPTS THEREOF HELD BY THE COMPANY IN ITS OWN SHARE CAPITAL	Management	For	For	For

UNILEVER N.V.
Security	904784709	Meeting Type	Annual
Ticker Symbol	UN	Meeting Date	26-Apr-2017
ISIN	US9047847093	Agenda	934573076 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
2.	TO ADOPT THE ANNUAL ACCOUNTS AND APPROPRIATION OF THE PROFIT FOR THE 2016 FINANCIAL YEAR	Management	For	For	For
3.	TO DISCHARGE THE EXECUTIVE DIRECTORS IN OFFICE IN THE 2016 FINANCIAL YEAR FOR THE FULFILMENT OF THEIR TASK	Management	For	For	For
4.	TO DISCHARGE THE NON-EXECUTIVE DIRECTORS IN OFFICE IN THE 2016 FINANCIAL YEAR FOR THE FULFILMENT OF THEIR TASK	Management	For	For	For
5.	TO APPROVE THE DIRECTORS REMUNERATION POLICY	Management	For	For	For
6.	TO APPROVE THE UNILEVER SHARE PLAN 2017	Management	For	For	For
7.	TO REAPPOINT MR N S ANDERSEN AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
8.	TO REAPPOINT MRS L M CHA AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
9.	TO REAPPOINT MR V COLAO AS A NON- EXECUTIVE DIRECTOR	Management	For	For	For
10.	TO REAPPOINT DR M DEKKERS AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
11.	TO REAPPOINT MS A M FUDGE AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
12.	TO REAPPOINT DR J HARTMANN AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
13.	TO REAPPOINT MS M MA AS A NON- EXECUTIVE DIRECTOR	Management	For	For	For
14.	TO REAPPOINT MR S MASIYIWA AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
15.	TO REAPPOINT PROFESSOR Y MOON AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For

16.	TO REAPPOINT MR G PITKETHLY AS AN EXECUTIVE DIRECTOR	Management	For	For	For
17.	TO REAPPOINT MR P G J M POLMAN AS AN EXECUTIVE DIRECTOR	Management	For	For	For
18.	TO REAPPOINT MR J RISHTON AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
19.	TO REAPPOINT MR F SIJBESMA AS A NON-EXECUTIVE DIRECTOR	Management	For	For	For
20.	TO APPOINT KPMG AS THE AUDITOR CHARGED WITH THE AUDITING OF THE ANNUAL ACCOUNTS FOR THE 2017 FINANCIAL YEAR	Management	For	For	For
21.	TO DESIGNATE THE BOARD OF DIRECTORS AS THE COMPANY BODY AUTHORISED TO ISSUE SHARES IN THE SHARE CAPITAL OF THE COMPANY	Management	For	For	For
22.	TO AUTHORISE THE BOARD OF DIRECTORS TO PURCHASE SHARES AND DEPOSITARY RECEIPTS THEREOF IN THE SHARE CAPITAL OF THE COMPANY	Management	For	For	For
23.	TO REDUCE THE CAPITAL WITH RESPECT TO SHARES AND DEPOSITARY RECEIPTS THEREOF HELD BY THE COMPANY IN ITS OWN SHARE CAPITAL	Management	For	For	For

ASTRAZENECA PLC
Security	046353108	Meeting Type	Annual
Ticker Symbol	AZN	Meeting Date	27-Apr-2017
ISIN	US0463531089	Agenda	934562782 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	TO RECEIVE THE COMPANY’S ACCOUNTS, THE REPORTS OF THE DIRECTORS AND AUDITOR AND THE STRATEGIC REPORT FOR THE YEAR ENDED 31 DECEMBER 2016	Management	For	For	For
2.	TO CONFIRM DIVIDENDS	Management	For	For	For
3.	TO APPOINT PRICEWATERHOUSECOOPERS LLP AS AUDITOR	Management	For	For	For
4.	TO AUTHORISE THE DIRECTORS TO AGREE THE REMUNERATION OF THE AUDITOR	Management	For	For	For
5A.	ELECTION OF DIRECTOR: LEIF JOHANSSON	Management	For	For	For
5B.	ELECTION OF DIRECTOR: PASCAL SORIOT	Management	For	For	For

5C.	ELECTION OF DIRECTOR: MARC DUNOYER	Management	For	For	For
5D.	ELECTION OF DIRECTOR: GENEVIEVE BERGER	Management	For	For	For
5E.	ELECTION OF DIRECTOR: PHILIP BROADLEY	Management	For	For	For
5F.	ELECTION OF DIRECTOR: BRUCE BURLINGTON	Management	For	For	For
5G.	ELECTION OF DIRECTOR: GRAHAM CHIPCHASE	Management	For	For	For
5H.	ELECTION OF DIRECTOR: RUDY MARKHAM	Management	For	For	For
5I.	ELECTION OF DIRECTOR: SHRITI VADERA	Management	For	For	For
5J.	ELECTION OF DIRECTOR: MARCUS WALLENBERG	Management	For	For	For
6.	TO APPROVE THE ANNUAL REPORT ON REMUNERATION FOR THE YEAR ENDED 31 DECEMBER 2016	Management	For	For	For
7.	TO APPROVE THE DIRECTORS’ REMUNERATION POLICY	Management	For	For	For
8.	TO AUTHORISE LIMITED POLITICAL DONATIONS	Management	For	For	For
9.	TO AUTHORISE THE DIRECTORS TO ALLOT SHARES	Management	For	For	For
10.	TO AUTHORISE THE DIRECTORS TO DISAPPLY PRE-EMPTION RIGHTS	Management	For	For	For
11.	TO AUTHORISE THE COMPANY TO PURCHASE ITS OWN SHARES	Management	For	For	For
12.	TO REDUCE THE NOTICE PERIOD FOR GENERAL MEETINGS	Management	For	For	For

GRUPO TELEVISA, S.A.B.
Security	40049J206	Meeting Type	Annual
Ticker Symbol	TV	Meeting Date	28-Apr-2017
ISIN	US40049J2069	Agenda	934595197 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
L1	APPOINTMENT AND/OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS OF THE BOARD OF DIRECTORS TO BE APPOINTED AT THIS MEETING PURSUANT TO ARTICLES TWENTY SIXTH, TWENTY SEVENTH AND OTHER APPLICABLE ARTICLES OF THE CORPORATE BY-LAWS.	Management	For	For	For
L2	APPOINTMENT OF DELEGATES TO CARRY OUT AND FORMALIZE THE RESOLUTIONS ADOPTED AT THIS MEETING.	Management	For	For	For

D1	APPOINTMENT AND/OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS OF THE BOARD OF DIRECTORS TO BE APPOINTED AT THIS MEETING PURSUANT TO ARTICLES TWENTY SIXTH, TWENTY SEVENTH AND OTHER APPLICABLE ARTICLES OF THE CORPORATE BY-LAWS.	Management	For	For	For
D2	APPOINTMENT OF DELEGATES TO CARRY OUT AND FORMALIZE THE RESOLUTIONS ADOPTED AT THIS MEETING.	Management	For	For	For
AB1	PRESENTATION AND, IN ITS CASE, APPROVAL OF THE REPORTS REFERRED TO IN ARTICLE 28, PARAGRAPH IV OF THE SECURITIES MARKET LAW, INCLUDING THE FINANCIAL STATEMENTS FOR THE YEAR ENDED ON DECEMBER 31, 2016 AND RESOLUTIONS REGARDING THE ACTIONS TAKEN BY THE BOARD OF DIRECTORS, THE COMMITTEES AND THE CHIEF EXECUTIVE OFFICER OF THE COMPANY.	Management	For	For	For
AB2	PRESENTATION OF THE REPORT REGARDING CERTAIN FISCAL OBLIGATIONS OF THE COMPANY, PURSUANT TO THE APPLICABLE LEGISLATION.	Management	For	For	For
AB3	RESOLUTION REGARDING THE ALLOCATION OF FINAL RESULTS FOR THE YEAR ENDED ON DECEMBER 31, 2016, INCLUDING THE APPROVAL AND PAYMENT OF DIVIDENDS.	Management	For	For	For
AB4	RESOLUTION REGARDING (I) THE AMOUNT THAT MAY BE ALLOCATED TO THE REPURCHASE OF SHARES OF THE COMPANY PURSUANT TO ARTICLE 56, PARAGRAPH IV OF THE SECURITIES MARKET LAW; AND (II) THE REPORT ON THE POLICIES AND RESOLUTIONS ADOPTED BY THE BOARD OF DIRECTORS OF THE COMPANY, REGARDING THE ACQUISITION AND SALE OF SUCH SHARES.	Management	For	For	For
AB5	APPOINTMENT AND/OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS THAT SHALL CONFORM THE BOARD OF DIRECTORS, THE SECRETARY AND OFFICERS OF THE COMPANY.	Management	For	For	For

AB6	APPOINTMENT AND/OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS THAT SHALL CONFORM THE EXECUTIVE COMMITTEE.	Management	For	For	For
AB7	APPOINTMENT AND/OR RATIFICATION, AS THE CASE MAY BE, OF THE CHAIRMAN OF THE AUDIT AND CORPORATE PRACTICES COMMITTEE.	Management	For	For	For
AB8	COMPENSATION TO THE MEMBERS OF THE BOARD OF DIRECTORS, OF THE EXECUTIVE COMMITTEE, OF THE AUDIT AND CORPORATE PRACTICES COMMITTEE, AS WELL AS TO THE SECRETARY.	Management	For	For	For
AB9	APPOINTMENT OF DELEGATES WHO WILL CARRY OUT AND FORMALIZE THE RESOLUTIONS ADOPTED AT THIS MEETING.	Management	For	For	For

GRUPO TELEVISA, S.A.B.
Security	40049J206	Meeting Type	Annual
Ticker Symbol	TV	Meeting Date	28-Apr-2017
ISIN	US40049J2069	Agenda	934601192 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
L1	APPOINTMENT AND/OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS OF THE BOARD OF DIRECTORS TO BE APPOINTED AT THIS MEETING PURSUANT TO ARTICLES TWENTY SIXTH, TWENTY SEVENTH AND OTHER APPLICABLE ARTICLES OF THE CORPORATE BY-LAWS.	Management	For	For	For
L2	APPOINTMENT OF DELEGATES TO CARRY OUT AND FORMALIZE THE RESOLUTIONS ADOPTED AT THIS MEETING.	Management	For	For	For
D1	APPOINTMENT AND/OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS OF THE BOARD OF DIRECTORS TO BE APPOINTED AT THIS MEETING PURSUANT TO ARTICLES TWENTY SIXTH, TWENTY SEVENTH AND OTHER APPLICABLE ARTICLES OF THE CORPORATE BY-LAWS.	Management	For	For	For
D2	APPOINTMENT OF DELEGATES TO CARRY OUT AND FORMALIZE THE RESOLUTIONS ADOPTED AT THIS MEETING.	Management	For	For	For

AB1	PRESENTATION AND, IN ITS CASE, APPROVAL OF THE REPORTS REFERRED TO IN ARTICLE 28, PARAGRAPH IV OF THE SECURITIES MARKET LAW, INCLUDING THE FINANCIAL STATEMENTS FOR THE YEAR ENDED ON DECEMBER 31, 2016 AND RESOLUTIONS REGARDING THE ACTIONS TAKEN BY THE BOARD OF DIRECTORS, THE COMMITTEES AND THE CHIEF EXECUTIVE OFFICER OF THE COMPANY.	Management	For	For	For
AB2	PRESENTATION OF THE REPORT REGARDING CERTAIN FISCAL OBLIGATIONS OF THE COMPANY, PURSUANT TO THE APPLICABLE LEGISLATION.	Management	For	For	For
AB3	RESOLUTION REGARDING THE ALLOCATION OF FINAL RESULTS FOR THE YEAR ENDED ON DECEMBER 31, 2016, INCLUDING THE APPROVAL AND PAYMENT OF DIVIDENDS.	Management	For	For	For
AB4	RESOLUTION REGARDING (I) THE AMOUNT THAT MAY BE ALLOCATED TO THE REPURCHASE OF SHARES OF THE COMPANY PURSUANT TO ARTICLE 56, PARAGRAPH IV OF THE SECURITIES MARKET LAW; AND (II) THE REPORT ON THE POLICIES AND RESOLUTIONS ADOPTED BY THE BOARD OF DIRECTORS OF THE COMPANY, REGARDING THE ACQUISITION AND SALE OF SUCH SHARES.	Management	For	For	For
AB5	APPOINTMENT AND/OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS THAT SHALL CONFORM THE BOARD OF DIRECTORS, THE SECRETARY AND OFFICERS OF THE COMPANY.	Management	For	For	For
AB6	APPOINTMENT AND/OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS THAT SHALL CONFORM THE EXECUTIVE COMMITTEE.	Management	For	For	For
AB7	APPOINTMENT AND/OR RATIFICATION, AS THE CASE MAY BE, OF THE CHAIRMAN OF THE AUDIT AND CORPORATE PRACTICES COMMITTEE.	Management	For	For	For
AB8	COMPENSATION TO THE MEMBERS OF THE BOARD OF DIRECTORS, OF THE EXECUTIVE COMMITTEE, OF THE AUDIT AND CORPORATE PRACTICES COMMITTEE, AS WELL AS TO THE SECRETARY.	Management	For	For	For
AB9	APPOINTMENT OF DELEGATES WHO WILL CARRY OUT AND FORMALIZE THE RESOLUTIONS ADOPTED AT THIS MEETING.	Management	For	For	For

PILGRIM’S PRIDE CORPORATION
Security	72147K108	Meeting Type	Annual
Ticker Symbol	PPC	Meeting Date	28-Apr-2017
ISIN	US72147K1088	Agenda	934574535 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       GILBERTO TOMAZONI*		Abstain	For	Against
	2       JOESLEY M. BATISTA*		Abstain	For	Against
	3       WESLEY M. BATISTA*		Abstain	For	Against
	4       WILLIAM W. LOVETTE*		Abstain	For	Against
	5       ANDRE N. DE SOUZA*		Abstain	For	Against
	6       W.C.D. VASCONCELLOS JR*		Abstain	For	Against
	7       DAVID E. BELL#		Abstain	For	Against
	8       MICHAEL L. COOPER#		Abstain	For	Against
	9       CHARLES MACALUSO#		Abstain	For	Against
3.	ADVISORY VOTE ON EXECUTIVE COMPENSATION.	Management	Abstain	For	Against
4.	ADVISORY VOTE ON THE FREQUENCY OF HOLDING FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION.	Management	Abstain	1 Year	Against
5.	RATIFY THE APPOINTMENT OF KPMG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2017.	Management	Abstain	For	Against
6.	A STOCKHOLDER PROPOSAL REQUESTING THE BOARD OF DIRECTORS TO ADOPT AND IMPLEMENT A WATER STEWARDSHIP POLICY AT COMPANY AND SUPPLIER FACILITIES.	Shareholder	Abstain	Take No Action	For
7.	A STOCKHOLDER PROPOSAL REQUESTING THE BOARD OF DIRECTORS TO PREPARE A REPORT ON STEPS THE COMPANY IS TAKING TO FOSTER GREATER DIVERSITY ON THE BOARD OF DIRECTORS.	Shareholder	Abstain	Take No Action	For
8.	A STOCKHOLDER PROPOSAL REQUESTING THE BOARD OF DIRECTORS TO ADOPT A POLICY TO REQUIRE AN INDEPENDENT BOARD CHAIRMAN.	Shareholder	Abstain	Take No Action	For

MAIDEN HOLDINGS, LTD.
Security	G5753U112	Meeting Type	Annual
Ticker Symbol	MHLD	Meeting Date	02-May-2017
ISIN	BMG5753U1128	Agenda	934580780 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation		For/Against Management
1.	DIRECTOR	Management
	1       BARRY D. ZYSKIND		Abstain	For		Against
	2       SIMCHA G. LYONS		Abstain	For		Against
	3       RAYMOND M. NEFF		Abstain	For		Against
	4       YEHUDA L. NEUBERGER		Abstain	For		Against
	5       STEVEN H. NIGRO		Abstain	For		Against
2.	ADOPTION OF THE AMENDED BYE-LAWS OF MAIDEN HOLDINGS, LTD.	Management	Abstain	For	��	Against
3.	A NON-BINDING ADVISORY RESOLUTION TO APPROVE THE COMPENSATION OF CERTAIN EXECUTIVE OFFICERS.	Management	Abstain	For		Against
4.	A NON-BINDING ADVISORY VOTE TO DETERMINE THE FREQUENCY (WHETHER ANNUAL, BIENNIAL OR TRIENNIAL) WITH WHICH SHAREHOLDERS OF MAIDEN HOLDINGS, LTD. SHALL BE ENTITLED TO HAVE AN ADVISORY VOTE ON EXECUTIVE COMPENSATION.	Management	Abstain	3 Years		Against
5.	APPOINTMENT OF DELOITTE LTD. AS MAIDEN HOLDINGS, LTD.’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 2017 FISCAL YEAR.	Management	Abstain	For		Against

GLAXOSMITHKLINE PLC
Security	37733W105	Meeting Type	Annual
Ticker Symbol	GSK	Meeting Date	04-May-2017
ISIN	US37733W1053	Agenda	934567326 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	TO RECEIVE AND ADOPT THE 2016 ANNUAL REPORT	Management	For	For	For
2.	TO APPROVE THE ANNUAL REPORT ON REMUNERATION	Management	For	For	For
3.	TO APPROVE THE REMUNERATION POLICY	Management	For	For	For
4.	TO ELECT EMMA WALMSLEY AS A DIRECTOR	Management	For	For	For
5.	TO ELECT DR VIVIENNE COX AS A DIRECTOR	Management	For	For	For
6.	TO ELECT DR PATRICK VALLANCE AS A DIRECTOR	Management	For	For	For
7.	TO RE-ELECT PHILIP HAMPTON AS A DIRECTOR	Management	For	For	For
8.	TO RE-ELECT PROFESSOR SIR ROY ANDERSON AS A DIRECTOR	Management	For	For	For
9.	TO RE-ELECT VINDI BANGA AS A DIRECTOR	Management	For	For	For
10.	TO RE-ELECT SIMON DINGEMANS AS A DIRECTOR	Management	For	For	For
11.	TO RE-ELECT LYNN ELSENHANS AS A DIRECTOR	Management	For	For	For
12.	TO RE-ELECT DR JESSE GOODMAN AS A DIRECTOR	Management	For	For	For
13.	TO RE-ELECT JUDY LEWENT AS A DIRECTOR	Management	For	For	For
14.	TO RE-ELECT URS ROHNER AS A DIRECTOR	Management	For	For	For
15.	TO RE-APPOINT AUDITORS	Management	For	For	For
16.	TO DETERMINE REMUNERATION OF AUDITORS	Management	For	For	For
17.	TO AUTHORISE THE COMPANY AND ITS SUBSIDIARIES TO MAKE DONATIONS TO POLITICAL ORGANISATIONS AND INCUR POLITICAL EXPENDITURE	Management	For	For	For
18.	TO AUTHORISE ALLOTMENT OF SHARES	Management	For	For	For
19.	TO DISAPPLY PRE-EMPTION RIGHTS -GENERAL POWER (SPECIAL RESOLUTION)	Management	For	For	For
20.	TO DISAPPLY PRE-EMPTION RIGHTS -IN CONNECTION WITH AN ACQUISITION OR SPECIFIED CAPITAL INVESTMENT (SPECIAL RESOLUTION)	Management	For	For	For
21.	TO AUTHORISE THE COMPANY TO PURCHASE ITS OWN SHARES (SPECIAL RESOLUTION)	Management	For	For	For
22.	TO AUTHORISE EXEMPTION FROM STATEMENT OF NAME OF SENIOR STATUTORY AUDITOR	Management	For	For	For
23.	TO AUTHORISE REDUCED NOTICE OF A GENERAL MEETING OTHER THAN AN AGM (SPECIAL RESOLUTION)	Management	For	For	For
24.	TO APPROVE THE GLAXOSMITHKLINE 2017 PERFORMANCE SHARE PLAN	Management	For	For	For
25.	TO APPROVE THE GLAXOSMITHKLINE 2017 DEFERRED ANNUAL BONUS PLAN	Management	For	For	For

GLAXOSMITHKLINE PLC
Security	37733W105	Meeting Type	Annual
Ticker Symbol	GSK	Meeting Date	04-May-2017
ISIN	US37733W1053	Agenda	934573254 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	TO RECEIVE AND ADOPT THE 2016 ANNUAL REPORT	Management	For	For	For
2.	TO APPROVE THE ANNUAL REPORT ON REMUNERATION	Management	For	For	For
3.	TO APPROVE THE REMUNERATION POLICY	Management	For	For	For
4.	TO ELECT EMMA WALMSLEY AS A DIRECTOR	Management	For	For	For
5.	TO ELECT DR VIVIENNE COX AS A DIRECTOR	Management	For	For	For
6.	TO ELECT DR PATRICK VALLANCE AS A DIRECTOR	Management	For	For	For
7.	TO RE-ELECT PHILIP HAMPTON AS A DIRECTOR	Management	For	For	For
8.	TO RE-ELECT PROFESSOR SIR ROY ANDERSON AS A DIRECTOR	Management	For	For	For
9.	TO RE-ELECT VINDI BANGA AS A DIRECTOR	Management	For	For	For
10.	TO RE-ELECT SIMON DINGEMANS AS A DIRECTOR	Management	For	For	For
11.	TO RE-ELECT LYNN ELSENHANS AS A DIRECTOR	Management	For	For	For
12.	TO RE-ELECT DR JESSE GOODMAN AS A DIRECTOR	Management	For	For	For
13.	TO RE-ELECT JUDY LEWENT AS A DIRECTOR	Management	For	For	For
14.	TO RE-ELECT URS ROHNER AS A DIRECTOR	Management	For	For	For
15.	TO RE-APPOINT AUDITORS	Management	For	For	For
16.	TO DETERMINE REMUNERATION OF AUDITORS	Management	For	For	For
17.	TO AUTHORISE THE COMPANY AND ITS SUBSIDIARIES TO MAKE DONATIONS TO POLITICAL ORGANISATIONS AND INCUR POLITICAL EXPENDITURE	Management	For	For	For
18.	TO AUTHORISE ALLOTMENT OF SHARES	Management	For	For	For

19.	TO DISAPPLY PRE-EMPTION RIGHTS - GENERAL POWER (SPECIAL RESOLUTION)	Management	For	For	For
20.	TO DISAPPLY PRE-EMPTION RIGHTS - IN CONNECTION WITH AN ACQUISITION OR SPECIFIED CAPITAL INVESTMENT (SPECIAL RESOLUTION)	Management	For	For	For
21.	TO AUTHORISE THE COMPANY TO PURCHASE ITS OWN SHARES (SPECIAL RESOLUTION)	Management	For	For	For
22.	TO AUTHORISE EXEMPTION FROM STATEMENT OF NAME OF SENIOR STATUTORY AUDITOR	Management	For	For	For
23.	TO AUTHORISE REDUCED NOTICE OF A GENERAL MEETING OTHER THAN AN AGM (SPECIAL RESOLUTION)	Management	For	For	For
24.	TO APPROVE THE GLAXOSMITHKLINE 2017 PERFORMANCE SHARE PLAN	Management	For	For	For
25.	TO APPROVE THE GLAXOSMITHKLINE 2017 DEFERRED ANNUAL BONUS PLAN	Management	For	For	For

PEARSON PLC
Security	705015105	Meeting Type	Annual
Ticker Symbol	PSO	Meeting Date	05-May-2017
ISIN	US7050151056	Agenda	934592468 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	RECEIPT OF FINANCIAL STATEMENTS AND REPORTS	Management	For	For	For
2.	FINAL DIVIDEND	Management	For	For	For
3.	RE-ELECTION OF ELIZABETH CORLEY	Management	For	For	For
4.	RE-ELECTION OF VIVIENNE COX	Management	For	For	For
5.	RE-ELECTION OF JOHN FALLON	Management	For	For	For
6.	RE-ELECTION OF JOSH LEWIS	Management	For	For	For
7.	RE-ELECTION OF LINDA LORIMER	Management	For	For	For
8.	RE-ELECTION OF HARISH MANWANI	Management	For	For	For
9.	RE-ELECTION OF TIM SCORE	Management	For	For	For
10.	RE-ELECTION OF SIDNEY TAUREL	Management	For	For	For
11.	RE-ELECTION OF LINCOLN WALLEN	Management	For	For	For
12.	RE-ELECTION OF CORAM WILLIAMS	Management	For	For	For
13.	APPROVAL OF REMUNERATION POLICY	Management	For	For	For
14.	APPROVAL OF ANNUAL REMUNERATION REPORT	Management	For	For	For
15.	RE-APPOINTMENT OF AUDITORS	Management	For	For	For
16.	REMUNERATION OF AUDITORS	Management	For	For	For

17.	ALLOTMENT OF SHARES	Management	For	For	For
18.	WAIVER OF PRE-EMPTION RIGHTS	Management	For	For	For
19.	WAIVER OF PRE-EMPTION RIGHTS - ADDITIONAL PERCENTAGE	Management	For	For	For
20.	AUTHORITY TO PURCHASE OWN SHARES	Management	For	For	For
21.	NOTICE OF MEETINGS	Management	For	For	For

BLUE CAPITAL REINSURANCE HOLDINGS LTD
Security	G1190F107	Meeting Type	Annual
Ticker Symbol	BCRH	Meeting Date	09-May-2017
ISIN	BMG1190F1077	Agenda	934555561 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: MICHAEL J. MCGUIRE	Management	For	For	For
1B.	ELECTION OF DIRECTOR: JOHN R. WEALE	Management	For	For	For
2.	TO APPOINT ERNST & YOUNG LTD., AN INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM, AS THE COMPANY’S INDEPENDENT AUDITOR FOR 2017 AND TO AUTHORIZE THE COMPANY’S BOARD, ACTING BY THE COMPANY’S AUDIT COMMITTEE, TO SET THEIR REMUNERATION.	Management	For	For	For

SKYWORKS SOLUTIONS, INC.
Security	83088M102	Meeting Type	Annual
Ticker Symbol	SWKS	Meeting Date	10-May-2017
ISIN	US83088M1027	Agenda	934586643 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A	ELECTION OF DIRECTOR: DAVID J. ALDRICH	Management	Abstain	For	Against
1B	ELECTION OF DIRECTOR: KEVIN L. BEEBE	Management	Abstain	For	Against
1C	ELECTION OF DIRECTOR: TIMOTHY R. FUREY	Management	Abstain	For	Against
1D	ELECTION OF DIRECTOR: LIAM K. GRIFFIN	Management	Abstain	For	Against
1E	ELECTION OF DIRECTOR : BALAKRISHNAN S. IYER	Management	Abstain	For	Against
1F	ELECTION OF DIRECTOR: CHRISTINE KING	Management	Abstain	For	Against
1G	ELECTION OF DIRECTOR: DAVID P . MCGLADE	Management	Abstain	For	Against

1H	ELECTION OF DIRECTOR: DAVID J. MCLACHLAN	Management	Abstain	For	Against
1I	ELECTION OF DIRECTOR: ROBERT A. SCHRIESHEIM	Management	Abstain	For	Against
02	TO RATIFY THE SELECTION BY THE COMPANY’S AUDIT COMMITTEE OF KPMG ... (DUE TO SPACE LIMITS, SEE PROXY STATEMENT FOR FULL PROPOSAL).	Management	Abstain	For	Against
03	TO APPROVE, ON AN ADVISORY BASIS, THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS, AS DESCRIBED IN THE COMPANY’S PROXY STATEMENT.	Management	Abstain	For	Against
04	TO APPROVE, ON AN ADVISORY BASIS, THE FREQUENCY OF FUTURE ADVISORY VOTES ON THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS.	Management	Abstain	1 Year	Against

NORFOLK SOUTHERN CORPORATION
Security	655844108	Meeting Type	Annual
Ticker Symbol	NSC	Meeting Date	11-May-2017
ISIN	US6558441084	Agenda	934551397 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: THOMAS D. BELL, JR.	Management	For	For	For
1B.	ELECTION OF DIRECTOR: ERSKINE B. BOWLES	Management	For	For	For
1C.	ELECTION OF DIRECTOR: ROBERT A. BRADWAY	Management	For	For	For
1D.	ELECTION OF DIRECTOR: WESLEY G. BUSH	Management	For	For	For
1E.	ELECTION OF DIRECTOR: DANIEL A. CARP	Management	For	For	For
1F.	ELECTION OF DIRECTOR: MITCHELL E. DANIELS, JR.	Management	For	For	For
1G.	ELECTION OF DIRECTOR: MARCELA E. DONADIO	Management	For	For	For
1H.	ELECTION OF DIRECTOR: STEVEN F. LEER	Management	For	For	For
1I.	ELECTION OF DIRECTOR: MICHAEL D. LOCKHART	Management	For	For	For
1J.	ELECTION OF DIRECTOR: AMY E. MILES	Management	For	For	For
1K.	ELECTION OF DIRECTOR: MARTIN H. NESBITT	Management	For	For	For
1L.	ELECTION OF DIRECTOR: JAMES A. SQUIRES	Management	For	For	For

1M.	ELECTION OF DIRECTOR: JOHN R. THOMPSON	Management	For	For	For
2.	RATIFICATION OF THE APPOINTMENT OF KPMG LLP, INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM, AS NORFOLK SOUTHERN’S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2017.	Management	For	For	For
3.	APPROVAL OF ADVISORY RESOLUTION ON EXECUTIVE COMPENSATION, AS DISCLOSED IN THE PROXY STATEMENT FOR THE 2017 ANNUAL MEETING OF SHAREHOLDERS.	Management	For	For	For
4.	FREQUENCY OF ADVISORY RESOLUTION ON EXECUTIVE COMPENSATION, EVERY	Management	1 Year	1 Year	For

BP P.L.C.
Security	055622104	Meeting Type	Annual
Ticker Symbol	BP	Meeting Date	17-May-2017
ISIN	US0556221044	Agenda	934594917 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	TO RECEIVE THE DIRECTORS’ ANNUAL REPORT AND ACCOUNTS.	Management	Abstain	For	Against
2.	TO APPROVE THE DIRECTORS’ REMUNERATION REPORT.	Management	Abstain	For	Against
3.	TO APPROVE THE DIRECTORS’ REMUNERATION POLICY.	Management	Abstain	For	Against
4.	TO RE-ELECT MR R W DUDLEY AS A DIRECTOR.	Management	Abstain	For	Against
5.	TO RE-ELECT DR B GILVARY AS A DIRECTOR.	Management	Abstain	For	Against
6.	TO ELECT MR N S ANDERSEN AS A DIRECTOR.	Management	Abstain	For	Against
7.	TO RE-ELECT MR P M ANDERSON AS A DIRECTOR.	Management	Abstain	For	Against
8.	TO RE-ELECT MR A BOECKMANN AS A DIRECTOR.	Management	Abstain	For	Against
9.	TO RE-ELECT ADMIRAL F L BOWMAN AS A DIRECTOR.	Management	Abstain	For	Against
10.	TO RE-ELECT MR I E L DAVIS AS A DIRECTOR.	Management	Abstain	For	Against
11.	TO RE-ELECT PROFESSOR DAME ANN DOWLING AS A DIRECTOR.	Management	Abstain	For	Against
12.	TO ELECT MS M B MEYER AS A DIRECTOR.	Management	Abstain	For	Against
13.	TO RE-ELECT MR B R NELSON AS A DIRECTOR.	Management	Abstain	For	Against

14.	TO RE-ELECT MRS P R REYNOLDS AS A DIRECTOR.	Management	Abstain	For	Against
15.	TO RE-ELECT SIR JOHN SAWERS AS A DIRECTOR.	Management	Abstain	For	Against
16.	TO RE-ELECT MR C-H SVANBERG AS A DIRECTOR.	Management	Abstain	For	Against
17.	TO REAPPOINT ERNST & YOUNG LLP AS AUDITORS AND TO AUTHORIZE THE DIRECTORS TO FIX THEIR REMUNERATION.	Management	Abstain	For	Against
18.	TO GIVE LIMITED AUTHORITY TO MAKE POLITICAL DONATIONS AND INCUR POLITICAL EXPENDITURE.	Management	Abstain	For	Against
19.	TO GIVE LIMITED AUTHORITY TO ALLOT SHARES UP TO A SPECIFIED AMOUNT.	Management	Abstain	For	Against
20.	SPECIAL RESOLUTION: TO GIVE AUTHORITY TO ALLOT A LIMITED NUMBER OF SHARES FOR CASH FREE OF PRE-EMPTION RIGHTS.	Management	Abstain	For	Against
21.	SPECIAL RESOLUTION: TO GIVE ADDITIONAL AUTHORITY TO ALLOT A LIMITED NUMBER OF SHARES FOR CASH FREE OF PRE-EMPTION RIGHTS.	Management	Abstain	For	Against
22.	SPECIAL RESOLUTION: TO GIVE LIMITED AUTHORITY FOR THE PURCHASE OF ITS OWN SHARES BY THE COMPANY.	Management	Abstain	For	Against
23.	SPECIAL RESOLUTION: TO AUTHORIZE THE CALLING OF GENERAL MEETINGS (EXCLUDING ANNUAL GENERAL MEETINGS) BY NOTICE OF AT LEAST 14 CLEAR DAYS.	Management	Abstain	For	Against

HALLIBURTON COMPANY
Security	406216101	Meeting Type	Annual
Ticker Symbol	HAL	Meeting Date	17-May-2017
ISIN	US4062161017	Agenda	934568304 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: ABDULAZIZ F. AL KHAYYAL	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: WILLIAM E. ALBRECHT	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: ALAN M. BENNETT	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: JAMES R. BOYD	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: MILTON CARROLL	Management	Abstain	For	Against

1F.	ELECTION OF DIRECTOR: NANCE K .DICCIANI	Management	Abstain	For	Against
1G.	ELECTION OF DIRECTOR: MURRY S. GERBER	Management	Abstain	For	Against
1H.	ELECTION OF DIRECTOR: JOSE C. GRUBISICH	Management	Abstain	For	Against
1I.	ELECTION OF DIRECTOR: DAVID J. LESAR	Management	Abstain	For	Against
1J.	ELECTION OF DIRECTOR: ROBERT A. MALONE	Management	Abstain	For	Against
1K.	ELECTION OF DIRECTOR: J. LANDIS MARTIN	Management	Abstain	For	Against
1L.	ELECTION OF DIRECTOR: JEFFREY A. MILLER	Management	Abstain	For	Against
1M.	ELECTION OF DIRECTOR: DEBRA L. REED	Management	Abstain	For	Against
2.	RATIFICATION OF THE SELECTION OF AUDITORS.	Management	Abstain	For	Against
3.	ADVISORY APPROVAL OF EXECUTIVE COMPENSATION.	Management	Abstain	For	Against
4.	PROPOSAL FOR ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION.	Management	Abstain	1 Year	Against
5.	PROPOSAL TO AMEND AND RESTATE THE HALLIBURTON COMPANY STOCK AND INCENTIVE PLAN.	Management	Abstain	For	Against

THERMO FISHER SCIENTIFIC INC.
Security	883556102	Meeting Type	Annual
Ticker Symbol	TMO	Meeting Date	17-May-2017
ISIN	US8835561023	Agenda	934574559 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: MARC N. CASPER	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: NELSON J. CHAI	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: C. MARTIN HARRIS	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: TYLER JACKS	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: JUDY C. LEWENT	Management	Abstain	For	Against
1F.	ELECTION OF DIRECTOR: THOMAS J. LYNCH	Management	Abstain	For	Against
1G.	ELECTION OF DIRECTOR: JIM P. MANZI	Management	Abstain	For	Against
1H.	ELECTION OF DIRECTOR: WILLIAM G. PARRETT	Management	Abstain	For	Against

1I.	ELECTION OF DIRECTOR: LARS R. SORENSEN	Management	Abstain	For	Against
1J.	ELECTION OF DIRECTOR: SCOTT M. SPERLING	Management	Abstain	For	Against
1K.	ELECTION OF DIRECTOR: ELAINE S. ULLIAN	Management	Abstain	For	Against
1L.	ELECTION OF DIRECTOR: DION J. WEISLER	Management	Abstain	For	Against
2.	AN ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.	Management	Abstain	For	Against
3.	AN ADVISORY VOTE ON THE FREQUENCY OF FUTURE EXECUTIVE COMPENSATION ADVISORY VOTES.	Management	Abstain	1 Year	Against
4.	RATIFICATION OF THE AUDIT COMMITTEE’S SELECTION OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY’S INDEPENDENT AUDITORS FOR 2017.	Management	Abstain	For	Against

DENTSPLY SIRONA INC.
Security	24906P109	Meeting Type	Annual
Ticker Symbol	XRAY	Meeting Date	24-May-2017
ISIN	US24906P1093	Agenda	934579787 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: MICHAEL C. ALFANO	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: DAVID K. BEECKEN	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: ERIC K. BRANDT	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: MICHAEL J. COLEMAN	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: WILLIE A. DEESE	Management	Abstain	For	Against
1F.	ELECTION OF DIRECTOR: THOMAS JETTER	Management	Abstain	For	Against
1G.	ELECTION OF DIRECTOR: ARTHUR D. KOWALOFF	Management	Abstain	For	Against
1H.	ELECTION OF DIRECTOR: HARRY M. JANSEN KRAEMER	Management	Abstain	For	Against
1I.	ELECTION OF DIRECTOR: FRANCIS J. LUNGER	Management	Abstain	For	Against
1J.	ELECTION OF DIRECTOR: JEFFREY T. SLOVIN	Management	Abstain	For	Against
1K.	ELECTION OF DIRECTOR: BRET W. WISE	Management	Abstain	For	Against

2.	TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31,2017	Management	Abstain	For	Against
3.	TO APPROVE BY ADVISORY VOTE, THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS.	Management	Abstain	For	Against
4.	TO RECOMMEND, BY NON-BINDING ADVISORY VOTE, THE FREQUENCY OF VOTING ON EXECUTIVE COMPENSATION.	Management	Abstain	1 Year	Against

GENESEE & WYOMING INC.
Security	371559105	Meeting Type	Annual
Ticker Symbol	GWR	Meeting Date	24-May-2017
ISIN	US3715591059	Agenda	934584081 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       JOHN C. HELLMANN		Abstain	For	Against
	2       ALBERT J. NEUPAVER		Abstain	For	Against
	3       JOSEPH H. PYNE		Abstain	For	Against
	4       HUNTER C. SMITH		Abstain	For	Against
2.	APPROVE, IN A NON-BINDING, ADVISORY VOTE, THE COMPENSATION PAID TO THE COMPANY’S NAMED EXECUTIVE OFFICERS.	Management	Abstain	For	Against
3.	DETERMINE, IN A NON-BINDING, ADVISORY VOTE, WHETHER A STOCKHOLDER VOTE TO APPROVE COMPENSATION PAID TO OUR NAMED EXECUTIVE OFFICERS SHOULD OCCUR EVERY ONE, TWO OR THREE YEARS.	Management	Abstain	1 Year	Against
4.	RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2017.	Management	Abstain	For	Against

NORTHWEST NATURAL GAS COMPANY
Security	667655104	Meeting Type	Annual
Ticker Symbol	NWN	Meeting Date	25-May-2017
ISIN	US6676551046	Agenda	934593751 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       DAVID H. ANDERSON		Abstain	For	Against
	2       MARTHA L. BYORUM		Abstain	For	Against
	3       JOHN D. CARTER		Abstain	For	Against
	4       C. SCOTT GIBSON		Abstain	For	Against
2.	REAPPROVAL AND AMENDMENT OF THE LONG TERM INCENTIVE PLAN.	Management	Abstain	For	Against
3.	ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.	Management	Abstain	For	Against
4.	FREQUENCY OF FUTURE VOTES ON EXECUTIVE COMPENSATION, AS AN ADVISORY VOTE.	Management	Abstain	1 Year	Against
5.	THE RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS NW NATURAL’S INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR THE FISCAL YEAR 2017.	Management	Abstain	For	Against

MILLER INDUSTRIES, INC.
Security	600551204	Meeting Type	Annual
Ticker Symbol	MLR	Meeting Date	26-May-2017
ISIN	US6005512040	Agenda	934606231 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       THEODORE H. ASHFORD III		Abstain	For	Against
	2       A. RUSSELL CHANDLER III		Abstain	For	Against
	3       WILLIAM G. MILLER		Abstain	For	Against
	4       WILLIAM G. MILLER, II		Abstain	For	Against
	5       RICHARD H. ROBERTS		Abstain	For	Against
2.	TO APPROVE, BY NON-BINDING ADVISORY VOTE, THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS.	Management	Abstain	For	Against
3.	TO RECOMMEND, BY NON-BINDING ADVISORY VOTE, THE FREQUENCY OF FUTURE NON-BINDING ADVISORY VOTES TO APPROVE THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS.	Management	Abstain	1 Year	Against
4.	TO APPROVE THE MILLER INDUSTRIES, INC. 2016 STOCK INCENTIVE PLAN.	Management	Abstain	For	Against

CHEVRON CORPORATION
Security	166764100	Meeting Type	Annual
Ticker Symbol	CVX	Meeting Date	31-May-2017
ISIN	US1667641005	Agenda	934581732 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: W. M. AUSTIN	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: L. F. DEILY	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: R. E. DENHAM	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: A. P. GAST	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: E. HERNANDEZ, JR.	Management	Abstain	For	Against
1F.	ELECTION OF DIRECTOR: J. M. HUNTSMAN JR.	Management	Abstain	For	Against
1G.	ELECTION OF DIRECTOR: C. W. MOORMAN IV	Management	Abstain	For	Against
1H.	ELECTION OF DIRECTOR: D. F. MOYO	Management	Abstain	For	Against
1I.	ELECTION OF DIRECTOR: R. D. SUGAR	Management	Abstain	For	Against
1J.	ELECTION OF DIRECTOR: I. G. THULIN	Management	Abstain	For	Against
1K.	ELECTION OF DIRECTOR: J. S. WATSON	Management	Abstain	For	Against
1L.	ELECTION OF DIRECTOR: M. K. WIRTH	Management	Abstain	For	Against
2.	RATIFICATION OF APPOINTMENT OF PWC AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	Management	Abstain	For	Against
3.	ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION	Management	Abstain	For	Against
4.	ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES ON NAMED EXECUTIVE OFFICER COMPENSATION	Management	Abstain	1 Year	Against
5.	REPORT ON LOBBYING	Shareholder	Abstain	Against	Against
6.	REPORT ON FEASIBILITY OF POLICY ON NOT DOING BUSINESS WITH CONFLICT COMPLICIT GOVERNMENTS	Shareholder	Abstain	Against	Against
7.	REPORT ON CLIMATE CHANGE IMPACT ASSESSMENT	Shareholder	Abstain	Against	Against
8.	REPORT ON TRANSITION TO A LOW CARBON ECONOMY	Shareholder	Abstain	Against	Against
9.	ADOPT POLICY ON INDEPENDENT CHAIRMAN	Shareholder	Abstain	Against	Against
10.	RECOMMEND INDEPENDENT DIRECTOR WITH ENVIRONMENTAL EXPERTISE	Shareholder	Abstain	Against	Against
11.	SET SPECIAL MEETINGS THRESHOLD AT 10%	Shareholder	Abstain	Against	Against

LIFEPOINT HEALTH, INC.
Security	53219L109	Meeting Type	Annual
Ticker Symbol	LPNT	Meeting Date	06-Jun-2017
ISIN	US53219L1098	Agenda	934603300 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: WILLIAM F. CARPENTER III	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: RICHARD H. EVANS	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: MICHAEL P. HALEY	Management	Abstain	For	Against
2.	RATIFICATION OF THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017.	Management	Abstain	For	Against
3.	ADVISORY VOTE TO APPROVE THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS AS PRESENTED IN THE PROXY STATEMENT.	Management	Abstain	For	Against
4.	ADVISORY VOTE TO APPROVE THE FREQUENCY OF THE ADVISORY VOTE ON THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS.	Management	Abstain	1 Year	Against
5.	APPROVAL OF THE AMENDMENT AND RESTATEMENT OF THE COMPANY’S 2013 LONG-TERM INCENTIVE PLAN.	Management	Abstain	For	Against

KVH INDUSTRIES, INC.
Security	482738101	Meeting Type	Annual
Ticker Symbol	KVHI	Meeting Date	07-Jun-2017
ISIN	US4827381017	Agenda	934615331 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: BRUCE RYAN	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: JAMES S. DODEZ	Management	Abstain	For	Against
2.	TO APPROVE, IN A NON-BINDING “SAY ON PAY” VOTE, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS	Management	Abstain	For	Against

3.	TO DETERMINE, IN A NON-BINDING” SAY ON FREQUENCY” VOTE, THE FREQUENCY OF THE VOTE ON OUR EXECUTIVE COMPENSATION PROGRAM (ONCE EVERY YEAR, ONCE EVERY TWO YEARS OR ONCE EVERY THREE YEARS)	Management	Abstain	1 Year	Against
4.	TO RATIFY THE APPOINTMENT OF GRANT THORNTON LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	Management	Abstain	For	Against

NOBILIS HEALTH CORP.
Security	65500B103	Meeting Type	Annual
Ticker Symbol	HLTH	Meeting Date	12-Jun-2017
ISIN	CA65500B1031	Agenda	934610521 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       DR. DONALD KRAMER		For	For	For
	2       STEVE OZONIAN		For	For	For
	3       MICHAEL C. NICHOLS		For	For	For
	4       TOM FOSTER		For	For	For
	5       NEIL BADLANI, M.D.		For	For	For
2.	APPOINTMENT OF CROWE HORWATH LLP AS AUDITORS	Management	For	For	For

SONY CORPORATION
Security	835699307	Meeting Type	Annual
Ticker Symbol	SNE	Meeting Date	15-Jun-2017
ISIN	US8356993076	Agenda	934634242 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: KAZUO HIRAI	Management	For	For	For
1B.	ELECTION OF DIRECTOR: KENICHIRO YOSHIDA	Management	For	For	For
1C.	ELECTION OF DIRECTOR: OSAMU NAGAYAMA	Management	For	For	For
1D.	ELECTION OF DIRECTOR: TAKAAKI NIMURA	Management	For	For	For
1E.	ELECTION OF DIRECTOR: EIKOH HARADA	Management	For	For	For
1F.	ELECTION OF DIRECTOR: TIM SCHAAFF	Management	For	For	For
1G.	ELECTION OF DIRECTOR: KAZUO MATSUNAGA	Management	For	For	For

1H.	ELECTION OF DIRECTOR: KOICHI MIYATA	Management	For	For	For
1I.	ELECTION OF DIRECTOR: JOHN V. ROOS	Management	For	For	For
1J.	ELECTION OF DIRECTOR: ERIKO SAKURAI	Management	For	For	For
1K.	ELECTION OF DIRECTOR: KUNIHITO MINAKAWA	Management	For	For	For
1L.	ELECTION OF DIRECTOR: SHUZO SUMI	Management	For	For	For
2.	TO ISSUE STOCK ACQUISITION RIGHTS FOR THE PURPOSE OF GRANTING STOCK OPTIONS.	Management	For	For	For

NIDEC CORPORATION
Security	654090109	Meeting Type	Annual
Ticker Symbol	NJDCY	Meeting Date	16-Jun-2017
ISIN	US6540901096	Agenda	934640726 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       SHIGENOBU NAGAMORI		For	For	For
	2       HIROSHI KOBE		For	For	For
	3       MIKIO KATAYAMA		For	For	For
	4       AKIRA SATO		For	For	For
	5       TOSHIHIKO MIYABE		For	For	For
	6       HIROYUKI YOSHIMOTO		For	For	For
	7       TETSUO ONISHI		For	For	For
	8       KIYOTO IDO		For	For	For
	9       NORIKO ISHIDA		For	For	For
2.1	ELECTION TO THE AUDIT & SUPERVISORY BOARD: KAZUYA MURAKAMI	Management	For	For	For

ISHARES TR
Security	46435G334	Meeting Type	Special
Ticker Symbol	EWU	Meeting Date	19-Jun-2017
ISIN	US46435G3341	Agenda	934621156 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       JANE D. CARLIN		For	For	For
	2       RICHARD L. FAGNANI		For	For	For
	3       DREW E. LAWTON		For	For	For
	4       MADHAV V. RAJAN		For	For	For
	5       MARK WIEDMAN		For	For	For

Account Number	Account Name	Internal Account	Custodian	Ballot Shares	Unavailable Shares	Vote Date	Date Confirmed
010034078465	COMMONWEALTH GLOBAL FUND	010034078465	FIFTH THIRD BANK	7,500	0	11-May-2017	20-Jun-2017

NICE LTD.
Security	653656108	Meeting Type	Annual
Ticker Symbol	NICE	Meeting Date	27-Jun-2017
ISIN	US6536561086	Agenda	934641499 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: DAVID KOSTMAN	Management	For	For	For
1B.	ELECTION OF DIRECTOR: RIMON BEN- SHAOUL	Management	For	For	For
1C.	ELECTION OF DIRECTOR: YEHOSHUA (SHUKI) EHRLICH	Management	For	For	For
1D.	ELECTION OF DIRECTOR: LEO APOTHEKER	Management	For	For	For
1E.	ELECTION OF DIRECTOR: JOE COWAN	Management	For	For	For
2.	TO APPROVE A GRANT OF OPTIONS AND RESTRICTED SHARE UNITS TO THE COMPANY’S NON-EXECUTIVE DIRECTORS.	Management	For	For	For
3.	TO APPROVE A ONE-TIME GRANT OF OPTIONS TO THE CHAIRMAN OF THE BOARD OF DIRECTORS.	Management	For	For	For
3A.	INDICATE WHETHER YOU ARE A “CONTROLLING SHAREHOLDER” OR HAVE A PERSONAL BENEFIT OR OTHER PERSONAL INTEREST IN THIS PROPOSAL. IF YOU MARK “YES”, PLEASE CONTACT THE COMPANY AS SPECIFIED IN THE PROXY STATEMENT. MARK “FOR” = YES OR “AGAINST” = NO.	Management	For	For	For
4.	TO APPROVE CERTAIN COMPONENTS OF OUR CHIEF EXECUTIVE OFFICER’S COMPENSATION.	Management	For	For	For
4A.	INDICATE WHETHER YOU ARE A “CONTROLLING SHAREHOLDER” OR HAVE A PERSONAL BENEFIT OR OTHER PERSONAL INTEREST IN THIS PROPOSAL. IF YOU MARK “YES”, PLEASE CONTACT THE COMPANY AS SPECIFIED IN THE PROXY STATEMENT. MARK “FOR” = YES OR “AGAINST” = NO.	Management	For	For	For
5.	TO RE-APPOINT THE COMPANY’S INDEPENDENT AUDITORS AND TO (DUE TO SPACE LIMITS, SEE PROXY MATERIAL FOR FULL PROPOSAL).	Management	For	For	For

BROOKFIELD CANADA OFFICE PROPERTIES
Security	112823109	Meeting Type	Annual and Special Meeting
Ticker Symbol	BOXC	Meeting Date	28-Jun-2017
ISIN	CA1128231091	Agenda	934629239 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
01	THE SPECIAL RESOLUTION (THE “TRANSACTION RESOLUTION”), THE FULL TEXT OF WHICH IS SET FORTH IN APPENDIX B OF THE MANAGEMENT INFORMATION CIRCULAR DATED MAY 8, 2017 (THE “CIRCULAR”), APPROVING THE TRANSACTION, AS MORE PARTICULARLY DESCRIBED IN THE CIRCULAR.	Management	Abstain	For	Against
02	DIRECTOR	Management	Abstain		Against
	1       MR. COLUM BASTABLE		Abstain	For	Against
	2       MR. G. MARK BROWN		Abstain	For	Against
	3       MR. THOMAS F. FARLEY		Abstain	For	Against
	4       MR. RODERICK D. FRASER		Abstain	For	Against
	5       MR. PAUL D. MCFARLANE		Abstain	For	Against
	6       MS. S.L. RIDDELL ROSE		Abstain	For	Against
	7       MR. T. JAN SUCHARDA		Abstain	For	Against
03	THE APPOINTMENT OF DELOITTE LLP AS THE EXTERNAL AUDITOR AND AUTHORIZING THE TRUSTEES TO SET THE EXTERNAL AUDITOR’S REMUNERATION.	Management	Abstain	For	Against

UNITED THERAPEUTICS CORPORATION
Security	91307C102	Meeting Type	Annual
Ticker Symbol	UTHR	Meeting Date	28-Jun-2017
ISIN	US91307C1027	Agenda	934619226 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: RAYMOND DWEK	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: CHRISTOPHER PATUSKY	Management	Abstain	For	Against

1C.	ELECTION OF DIRECTOR: TOMMY THOMPSON	Management	Abstain	For	Against
2.	ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION.	Management	Abstain	For	Against
3.	ADVISORY VOTE ON FREQUENCY OF FUTURE ADVISORY VOTES TO APPROVE EXECUTIVE COMPENSATION.	Management	Abstain	1 Year	Against
4.	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS UNITED THERAPEUTICS CORPORATION’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017.	Management	Abstain	For	Against

Commonwealth Real Estate Securities Fund

Proxy Voting Record

July 1, 2016 – June 30, 2017

PEBBLEBROOK HOTEL TRUST
Security	70509V100	Meeting Type	Annual
Ticker Symbol	PEB	Meeting Date	07-Jul-2016
ISIN	US70509V1008	Agenda	934415515 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       JON E. BORTZ		For	For	For
	2       CYDNEY C. DONNELL		For	For	For
	3       RON E. JACKSON		For	For	For
	4       PHILLIP M. MILLER		For	For	For
	5       MICHAEL J. SCHALL		For	For	For
	6       EARL E. WEBB		For	For	For
	7       LAURA H. WRIGHT		For	For	For
2.	RATIFICATION OF THE APPOINTMENT OF KPMG LLP TO SERVE AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR THE YEAR ENDING DECEMBER 31, 2016.	Management	For	For	For
3.	APPROVAL, BY ADVISORY AND NON- BINDING VOTE, OF EXECUTIVE COMPENSATION.	Management	For	For	For
4.	APPROVAL OF AN AMENDMENT TO THE 2009 EQUITY INCENTIVE PLAN, AS AMENDED AND RESTATED IN 2012.	Management	For	For	For
5.	NON-BINDING SHAREHOLDER PROPOSAL FROM THE UNION REGARDING SHAREHOLDER AMENDMENT OF OUR BYLAWS.	Shareholder	Against	Against	For

JAMES HARDIE INDUSTRIES PLC
Security	47030M106	Meeting Type	Annual
Ticker Symbol	JHX	Meeting Date	11-Aug-2016
ISIN	US47030M1062	Agenda	934462196 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
O1	TO RECEIVE AND CONSIDER THE FINANCIAL STATEMENTS AND THE REPORTS OF THE BOARD AND EXTERNAL AUDITOR FOR THE FISCAL YEAR ENDED 31 MARCH 2016.	Management	For	For	Against

O2	TO RECEIVE AND CONSIDER THE REMUNERATION REPORT OF THE COMPANY FOR THE FISCAL YEAR ENDED 31 MARCH 2016.	Management	For	For	Against
O3A	THAT MICHAEL HAMMES, WHO RETIRES BY ROTATION IN ACCORDANCE WITH THE COMPANY’S CONSTITUTION, BE RE-ELECTED AS A DIRECTOR.	Management	For	For	Against
O3B	THAT DAVID HARRISON, WHO RETIRES BY ROTATION IN ACCORDANCE WITH THE COMPANY’S CONSTITUTION, BE RE-ELECTED AS A DIRECTOR.	Management	For	For	Against
O4	THAT THE BOARD BE AUTHORIZED TO FIX THE REMUNERATION OF THE EXTERNAL AUDITOR FOR THE FISCAL YEAR ENDED 31 MARCH 2017.	Management	For	For	Against
S5	GRANT OF RETURN ON CAPITAL EMPLOYED RESTRICTED STOCK UNITS TO LOUIS GRIES.	Management	For	For	Against
S6	GRANT OF RELATIVE TOTAL SHAREHOLDERS RETURN RESTRICTED STOCK UNITS TO LOUIS GRIES.	Management	For	For	Against

IRSA INVERSIONES Y REPRESENTACIONES S.A.
Security	450047204	Meeting Type	Special
Ticker Symbol	IRS	Meeting Date	31-Oct-2016
ISIN	US4500472042	Agenda	934491995 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	APPOINTMENT OF TWO SHAREHOLDERS TO SIGN THE MEETINGS’ MINUTES.	Management	For	For	For
2.	CONSIDERATION OF DOCUMENTS CONTEMPLATED IN SECTION 234, PARAGRAPH 1, OF LAW NO. 19,550 FOR THE FISCAL YEAR ENDED JUNE 30, 2016.	Management	For	For	For
3.	ALLOCATION OF NET LOSS FOR THE FISCAL YEAR ENDED JUNE 30, 2016 FOR $1,254,412,752. RATIFICATION OF BOARD RESOLUTION DATED MAY 12, 2016 REGARDING REINSTATEMENT OF STATUTORY RESERVE WITH FUNDS FROM THE RESERVE FOR FUTURE DIVIDENDS IN ACCORDANCE WITH THE GUIDELINES SET FORTH IN SECTION 5, CHAPTER III, TITLE IV OF THE ARGENTINE SECURITIES COMMISSION’S RULES.	Management	For	For	For

4.	CONSIDERATION OF BOARD OF DIRECTORS’ PERFORMANCE FOR THE FISCAL YEAR ENDED JUNE 30, 2016.	Management	For	For	For
5.	CONSIDERATION OF SUPERVISORY COMMITTEE’S PERFORMANCE FOR THE FISCAL YEAR ENDED JUNE 30, 2016.	Management	For	For	For
6.	CONSIDERATION OF COMPENSATION PAYABLE TO THE BOARD OF DIRECTORS FOR $24,467,125 FOR THE FISCAL YEAR ENDED JUNE 30, 2016, WHICH RECORDED A COMPUTABLE TAX LOSS PURSUANT TO THE APPLICABLE REGULATIONS.	Management	For	For	For
7.	CONSIDERATION OF COMPENSATION PAYABLE TO THE SUPERVISORY COMMITTEE FOR THE FISCAL YEAR ENDED JUNE 30, 2016.	Management	For	For	For
8.	CONSIDERATION OF APPOINTMENT OF REGULAR DIRECTORS AND ALTERNATE DIRECTORS DUE TO EXPIRATION OF TERM.	Management	For	For	For
9.	APPOINTMENT OF REGULAR AND ALTERNATE MEMBERS OF THE SUPERVISORY COMMITTEE FOR A TERM OF ONE FISCAL YEAR.	Management	For	For	For
10.	APPOINTMENT OF CERTIFYING ACCOUNTANT FOR THE NEXT FISCAL YEAR AND DETERMINATION OF ITS COMPENSATION. DELEGATION OF POWERS.	Management	For	For	For
11.	UPDATE ON SHARED SERVICES AGREEMENT REPORT.	Management	For	For	For
12.	TREATMENT OF AMOUNTS PAID AS PERSONAL ASSETS TAX LEVIED ON THE SHAREHOLDERS.	Management	For	For	For
13.	CONSIDERATION OF (I) APPROVAL OF EXTENSION OF GLOBAL NOTE PROGRAM FOR A MAXIMUM OUTSTANDING PRINCIPAL AMOUNT OF UP TO US$300,000,000 (THREE HUNDRED MILLION DOLLARS) (OR ITS EQUIVALENT IN OTHER CURRENCIES) APPROVED BY THE SHAREHOLDERS’ MEETING DATED OCTOBER 31, 2011 (THE “PROGRAM”) FOR A TERM OF FIVE YEARS OR SUCH LONGER TERM AS PERMITTED UNDER THE APPLICABLE LAWS; AND (II) INCREASE OF PROGRAM AMOUNT BY AN ADDITIONAL AMOUNT OF UP TO US$200,000,000 (TWO HUNDRED MILLION DOLLARS) (OR ITS EQUIVALENT IN OTHER CURRENCIES).	Management	For	For	For

14.	(I) DELEGATION TO THE BOARD OF THE BROADEST POWERS TO IMPLEMENT THE EXTENSION AND/OR INCREASE OF THE PROGRAM AMOUNT AND/OR ITS REDUCTION, AS WELL AS TO DETERMINE ANY TERMS AND CONDITIONS OF THE PROGRAM NOT EXPRESSLY APPROVED BY THE SHAREHOLDERS’ MEETING, AS WELL AS THE TIME, AMOUNT, TERM, PLACEMENT METHOD, AND FURTHER TERMS AND CONDITIONS OF THE VARIOUS SERIES AND/OR TRANCHES OF NOTES ISSUED THEREUNDER; (II) BOARD OF DIRECTORS’ AUTHORIZATION TO (A) APPROVE, ENTER INTO, EXECUTE AND/OR DELIVER ANY AGREEMENT ... (DUE TO SPACE LIMITS, SEE PROXY MATERIAL FOR FULL PROPOSAL)	Management	For	For	For
15.	GRANT OF INDEMNITIES TO THE DIRECTORS, STATUTORY AUDITORS AND MANAGERS WHO PERFORM OR HAVE PERFORMED DUTIES FOR THE COMPANY ACCESSORILY TO THE D&O POLICIES.	Management	For	For	For
16.	AMENDMENT TO ARTICLE 24 OF THE BYLAWS REGARDING THE POSSIBILITY TO HOLD REMOTE SHAREHOLDERS’ MEETINGS.	Management	For	For	For

IRSA PROPIEDADES COMERCIALES S A
Security	463588103	Meeting Type	Annual
Ticker Symbol	IRCP	Meeting Date	31-Oct-2016
ISIN	US4635881034	Agenda	934490955 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	APPOINTMENT OF TWO SHAREHOLDERS TO SIGN THE MEETINGS’ MINUTES.	Management	For	For	For
2.	CONSIDERATION OF DOCUMENTS CONTEMPLATED IN SECTION 234, PARAGRAPH 1, OF THE ARGENTINE COMPANIES LAW NO. 19,550 FOR THE FISCAL YEAR ENDED JUNE 30, 2016.	Management	For	For	For
3.	TREATMENT AND ALLOCATION OF NET INCOME FOR THE FISCAL YEAR ENDED JUNE 30, 2016 FOR $816,598,237. CONSIDERATION OF PAYMENT OF A CASH DIVIDEND FOR UP TO $312,000,000.	Management	For	For	For

4.	CONSIDERATION OF BOARD OF DIRECTORS’ PERFORMANCE FOR THE FISCAL YEAR ENDED JUNE 30, 2016.	Management	For	For	For
5.	CONSIDERATION OF SUPERVISORY COMMITTEE’S PERFORMANCE FOR THE FISCAL YEAR ENDED JUNE 30, 2016.	Management	For	For	For
6.	CONSIDERATION OF COMPENSATION PAYABLE TO THE BOARD OF DIRECTORS FOR $108,671,082 (TOTAL COMPENSATION) FOR THE FISCAL YEAR ENDED JUNE 30, 2016, WHICH AMOUNT EXCEEDS BY $62,407,628 THE LIMIT OF FIVE PERCENT (5%) OF THE EARNINGS RECORDED, PURSUANT TO SECTION 261 OF LAW NO. 19,550 AND REGULATIONS THEREUNDER IN LIGHT OF THE AMOUNT PROPOSED FOR DISTRIBUTION AS DIVIDENDS.	Management	For	For	For
7.	CONSIDERATION OF COMPENSATION PAYABLE TO THE SUPERVISORY COMMITTEE FOR THE FISCAL YEAR ENDED JUNE 30, 2016.	Management	For	For	For
8.	APPOINTMENT OF REGULAR AND ALTERNATE MEMBERS OF THE SUPERVISORY COMMITTEE FOR A TERM OF ONE FISCAL YEAR.	Management	For	For	For
9.	APPOINTMENT OF CERTIFYING ACCOUNTANT FOR THE NEXT FISCAL YEAR AND DETERMINATION OF ITS COMPENSATION. DELEGATION OF POWERS.	Management	For	For	For
10.	UPDATE ON SHARED SERVICES AGREEMENT REPORT.	Management	For	For	For
11.	TREATMENT OF AMOUNTS PAID AS PERSONAL ASSETS TAX LEVIED ON THE SHAREHOLDERS.	Management	For	For	For
12.	RENEWAL OF DELEGATION OF POWERS CONFERRED TO THE BOARD OF DIRECTORS IN ORDER TO DETERMINE THE TIME AND CURRENCY OF ISSUANCE AND FURTHER TERMS AND CONDITIONS GOVERNING THE ISSUE OF NOTES UNDER THE US$500,000,000 GLOBAL NOTE PROGRAM CURRENTLY IN EFFECT, AS APPROVED BY THE SHAREHOLDERS’ MEETINGS DATED OCTOBER 31, 2011 AND MARCH 26, 2015 AND ITS INCREASE BY AN ADDITIONAL AMOUNT OF US$100,000,000 AS APPROVED BY THE SHAREHOLDERS’ MEETING DATED OCTOBER 30, 2015.	Management	For	For	For

13.	GRANT OF INDEMNITIES TO THE DIRECTORS, STATUTORY AUDITORS AND MANAGERS WHO PERFORM OR HAVE PERFORMED DUTIES FOR THE COMPANY ACCESSORILY TO THE D&O POLICIES.	Management	For	For	For
14.	AMENDMENT TO ARTICLE ELEVEN OF THE BYLAWS REGARDING THE RENEWAL OF THE BOARD OF DIRECTORS BY THIRDS.	Management	For	For	For
15.	APPOINTMENT OF REGULAR AND ALTERNATE DIRECTORS FOR A TERM OF THREE FISCAL YEARS.	Management	For	For	For

SBA COMMUNICATIONS CORPORATION
Security	78388J106	Meeting Type	Special
Ticker Symbol	SBAC	Meeting Date	12-Jan-2017
ISIN	US78388J1060	Agenda	934513575 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	PROPOSAL TO APPROVE THE AGREEMENT AND PLAN OF MERGER, DATED AS OF NOVEMBER 10, 2016, BETWEEN SBA COMMUNICATIONS CORPORATION AND SBA COMMUNICATIONS REIT CORPORATION, A WHOLLY-OWNED SUBSIDIARY OF SBA, WHICH IS BEING IMPLEMENTED IN CONNECTION WITH SBA’S ELECTION TO BE TAXED AS A REIT. …(DUE TO SPACE LIMITS, SEE PROXY STATEMENT FOR FULL PROPOSAL).	Management	For	For	For
2.	PROPOSAL TO APPROVE THE ADJOURNMENT OF THE SPECIAL MEETING, IF NECESSARY, FOR FURTHER SOLICITATION OF PROXIES IF THERE ARE NOT SUFFICIENT VOTES AT THE ORIGINALLY SCHEDULED TIME OF THE SPECIAL MEETING TO APPROVE PROPOSAL 1.	Management	For	For	For

HARLEYSVILLE SAVINGS FINANCIAL CORP.
Security	412865107	Meeting Type	Annual
Ticker Symbol	HARL	Meeting Date	25-Jan-2017
ISIN	US4128651076	Agenda	934515745 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       CHARLOTTE A. HUNSBERGER		For	For	For
	2       BRENDAN J. MCGILL		For	For	For
	3       KEITH E. AHART		For	For	For
2.	PROPOSAL TO RATIFY THE APPOINTMENT OF S.R. SNODGRASS, A.C. AS THE COMPANY’S INDEPENDENT PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING SEPTEMBER 30, 2017.	Management	For	For	For

FARMLAND PARTNERS INC.
Security	31154R109	Meeting Type	Special
Ticker Symbol	FPI	Meeting Date	31-Jan-2017
ISIN	US31154R1095	Agenda	934517612 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	A PROPOSAL TO APPROVE THE ISSUANCE OF SHARES OF FPI COMMON STOCK IN THE COMPANY MERGER (AS DEFINED BELOW) PURSUANT TO THE AGREEMENT AND PLAN OF MERGER (THE “MERGER AGREEMENT”), DATED AS OF SEPTEMBER 12, 2016, BY AND AMONG FPI, FARMLAND PARTNERS OPERATING PARTNERSHIP, LP (“FPI OP”), FARMLAND PARTNERS OP GP (DUE TO SPACE LIMITS, SEE PROXY STATEMENT FOR FULL PROPOSAL).	Management	For	For	For
2.	A PROPOSAL TO APPROVE ONE OR MORE ADJOURNMENTS OF THE FPI SPECIAL MEETING TO ANOTHER DATE, TIME OR PLACE, IF NECESSARY OR APPROPRIATE, INCLUDING ADJOURNMENTS TO PERMIT FURTHER SOLICITATION OF PROXIES IN FAVOR OF THE PROPOSAL TO APPROVE THE ISSUANCE OF SHARES OF FPI COMMON STOCK IN THE COMPANY (DUE TO SPACE LIMITS, SEE PROXY STATEMENT FOR FULL PROPOSAL).	Management	For	For	For

LUBY’S, INC.
Security	549282101	Meeting Type	Annual
Ticker Symbol	LUB	Meeting Date	03-Feb-2017
ISIN	US5492821013	Agenda	934516975 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: JILL GRIFFIN	Management	For	For	For
1B.	ELECTION OF DIRECTOR: CHRISTOPHER J. PAPPAS	Management	For	For	For
1C.	ELECTION OF DIRECTOR: JUDITH B. CRAVEN, M.D.	Management	For	For	For
1D.	ELECTION OF DIRECTOR: FRANK MARKANTONIS	Management	For	For	For
1E.	ELECTION OF DIRECTOR: ARTHUR ROJAS EMERSON	Management	For	For	For
1F.	ELECTION OF DIRECTOR: GASPER MIR, III	Management	For	For	For
1G.	ELECTION OF DIRECTOR: JOE C. MCKINNEY	Management	For	For	For
1H.	ELECTION OF DIRECTOR: HARRIS J. PAPPAS	Management	For	For	For
1I.	ELECTION OF DIRECTOR: PETER TROPOLI	Management	For	For	For
1J.	ELECTION OF DIRECTOR: GERALD W. BODZY	Management	For	For	For
2.	RATIFICATION OF THE APPOINTMENT OF GRANT THORNTON LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	For	For	For
3.	ADVISORY VOTE ON THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.	Management	For	For	For

GAFISA S.A.
Security	362607301	Meeting Type	Special
Ticker Symbol	GFA	Meeting Date	09-Feb-2017
ISIN	US3626073015	Agenda	934527803 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	AMENDMENT TO ARTICLE 5 OF THE COMPANY’S BYLAWS, IN ORDER TO REFLECT THE CAPITAL INCREASES AND CANCELLATIONS OF SHARES APPROVED BY THE BOARD OF DIRECTORS UNTIL THE DATE OF THE EXTRAORDINARY SHAREHOLDERS’ MEETING.	Management	For	For	For
2.	REVERSE SPLIT OF THE COMPANY’S COMMON SHARES, AT THE RATIO OF 13.483023074 TO 1 AND PROPORTIONAL ADJUSTMENT OF THE LIMIT OF THE AUTHORIZED CAPITAL.	Management	For	For	For

3.	RESTATEMENT OF THE COMPANY’S BYLAWS TO IMPROVE THE GOVERNANCE STRUCTURES AND TO REFLECT THE CHANGES RESULTING FROM ITEMS (1) AND (2) ABOVE, AS DETAILED IN THE MANAGEMENT PROPOSAL AVAILABLE AT WWW.GAFISA.COM.BR/RI/	Management	For	For	For
4.	REGISTER THE OFFERING TO THE COMPANY’S SHAREHOLDERS THE PREEMPTIVE RIGHT, AT THE PROPORTION OF THEIR RESPECTIVE EQUITY INTEREST IN THE COMPANY’S CAPITAL STOCK, TO ACQUIRE COMMON SHARES REPRESENTING UP TO 50% OF THE CAPITAL STOCK OF ITS WHOLLY-OWNED SUBSIDIARY CONSTRUTORA TENDA S.A., A PUBLICLY- HELD COMPANY ENROLLED WITH THE CORPORATE TAXPAYER’S ID (CNPJ/MF) 71.476.527/0001-35, CORPORATE REGISTRY ID (NIRE) 35.300.348.206 (“TENDA”), UNDER THE TERMS AND FOR THE PURPOSES OF ARTICLE ... (DUE TO SPACE LIMITS, SEE PROXY MATERIAL FOR FULL PROPOSAL)	Management	For	For	For
5.	DECIDE ON THE REDUCTION OF THE COMPANY’S CAPITAL STOCK IN THE TOTAL AMOUNT OF R$219,510,000.00 FROM R$2,740,661,187.74 TO R$2,521,151,187.74, WITHOUT CANCELLATION OF SHARES, PURSUANT TO ARTICLE 173 OF LAW NO. 6,404/76, FOR BEING DEEMED AS EXCESSIVE, WITH THE DELIVERY TO THE COMPANY’S SHAREHOLDERS OF 1 COMMON SHARE ISSUED BY TENDA FOR EACH 1 COMMON SHARE ISSUED BY GAFISA, OWNED BY THE SHAREHOLDER, AFTER THE REVERSE SPLIT, SUBJECT MATTER OF THE AGENDA OF THE EXTRAORDINARY SHAREHOLDERS’ ... (DUE TO SPACE LIMITS, SEE PROXY MATERIAL FOR FULL PROPOSAL)	Management	For	For	For
6.	DECIDE ON THE RESTATEMENT OF ARTICLE 5 OF THE COMPANY’S BYLAWS IN ORDER TO REFLECT THE AMENDMENT DERIVING FROM THE CAPITAL STOCK REDUCTION MENTIONED ABOVE.	Management	For	For	For

WCI COMMUNITIES, INC.

Security	92923C807	Meeting Type	Special
Ticker Symbol	WCIC	Meeting Date	10-Feb-2017
ISIN	US92923C8073	Agenda	934522625 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	TO ADOPT THE AGREEMENT AND PLAN OF MERGER, DATED AS OF SEPTEMBER 22, 2016 (AS IT MAY BE AMENDED FROM TIME TO TIME, THE “MERGER AGREEMENT”), BY AND AMONG WCI, LENNAR CORPORATION, MARLIN GREEN CORP. AND MARLIN BLUE LLC.	Management	For	For	For
2.	TO APPROVE THE ADJOURNMENT OF THE WCI SPECIAL MEETING, IF NECESSARY TO SOLICIT ADDITIONAL PROXIES IF THERE ARE NOT SUFFICIENT VOTES TO ADOPT THE MERGER AGREEMENT AT THE TIME OF THE WCI SPECIAL MEETING.	Management	For	For	For

GEORGETOWN BANCORP INC.

Security	372591107	Meeting Type	Special
Ticker Symbol	GTWN	Meeting Date	13-Feb-2017
ISIN	US3725911073	Agenda	934520431 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	THE APPROVAL OF THE AGREEMENT AND PLAN OF MERGER, DATED AS OF OCTOBER 5, 2016, BY AND AMONG SALEM FIVE BANCORP, BRIGHT STAR, INC. AND GEORGETOWN BANCORP, INC., PURSUANT TO WHICH BRIGHT STAR, INC. WILL MERGE WITH AND INTO GEORGETOWN BANCORP, WITH GEORGETOWN BANCORP AS THE SURVIVING ...(DUE TO SPACE LIMITS, SEE PROXY STATEMENT FOR FULL PROPOSAL).	Management	For	For	For
2.	THE APPROVAL, ON A NON-BINDING, ADVISORY BASIS, OF THE COMPENSATION TO BE PAID TO THE NAMED EXECUTIVE OFFICERS OF GEORGETOWN BANCORP IN CONNECTION WITH THE MERGER IF THE MERGER IS CONSUMMATED.	Management	For	For	For
3.	THE ADJOURNMENT OF THE SPECIAL MEETING OF STOCKHOLDERS IF NECESSARY OR APPROPRIATE TO SOLICIT ADDITIONAL PROXIES.	Management	For	For	For

TOLL BROTHERS, INC.

Security	889478103	Meeting Type	Annual
Ticker Symbol	TOL	Meeting Date	14-Mar-2017
ISIN	US8894781033	Agenda	934527916 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.1	ELECTION OF DIRECTOR: ROBERT I. TOLL	Management	Abstain	For	Against
1.2	ELECTION OF DIRECTOR: DOUGLAS C. YEARLEY, JR.	Management	Abstain	For	Against
1.3	ELECTION OF DIRECTOR: EDWARD G. BOEHNE	Management	Abstain	For	Against
1.4	ELECTION OF DIRECTOR: RICHARD J. BRAEMER	Management	Abstain	For	Against
1.5	ELECTION OF DIRECTOR: CHRISTINE N. GARVEY	Management	Abstain	For	Against
1.6	ELECTION OF DIRECTOR: CARL B. MARBACH	Management	Abstain	For	Against
1.7	ELECTION OF DIRECTOR: JOHN A. MCLEAN	Management	Abstain	For	Against
1.8	ELECTION OF DIRECTOR: STEPHEN A. NOVICK	Management	Abstain	For	Against
1.9	ELECTION OF DIRECTOR: PAUL E. SHAPIRO	Management	Abstain	For	Against
2.	THE RATIFICATION OF THE RE- APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 2017 FISCAL YEAR.	Management	Abstain	For	Against
3.	THE APPROVAL, IN AN ADVISORY AND NON-BINDING VOTE, OF THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS.	Management	Abstain	For	Against
4.	THE RECOMMENDATION, IN AN ADVISORY AND NON-BINDING VOTE, WHETHER A NONBINDING STOCKHOLDER VOTE TO APPROVE THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS SHOULD OCCUR EVERY ONE, TWO OR THREE YEARS.	Management	Abstain	1 Year	Against
5.	THE APPROVAL OF THE TOLL BROTHERS, INC. EMPLOYEE STOCK PURCHASE PLAN (2017).	Management	Abstain	For	Against

CEMEX, S.A.B. DE C.V.

Security	151290889	Meeting Type	Annual
Ticker Symbol	CX	Meeting Date	30-Mar-2017
ISIN	US1512908898	Agenda	934533337 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	PRESENTATION OF THE CHIEF EXECUTIVE OFFICER’S REPORT, INCLUDING THE COMPANY’S FINANCIAL STATEMENTS, REPORT OF CHANGES IN FINANCIAL SITUATION AND VARIATIONS OF CAPITAL STOCK, AND OF THE BOARD OF DIRECTORS’ REPORT FOR THE 2016 FISCAL YEAR, PURSUANT TO THE MEXICAN SECURITIES MARKET LAW (LEY DEL MERCADO … (DUE TO SPACE LIMITS, SEE PROXY MATERIAL FOR FULL PROPOSAL).	Management	Abstain	For	Against
2.	PROPOSAL FOR THE ALLOCATION OF PROFITS.	Management	Abstain	For	Against
3.	PROPOSAL TO INCREASE THE CAPITAL STOCK OF THE COMPANY IN ITS VARIABLE PORTION THROUGH: (A) CAPITALIZATION OF RETAINED EARNINGS; AND (B) ISSUANCE OF TREASURY SHARES IN ORDER TO PRESERVE THE RIGHTS OF CONVERTIBLE NOTE HOLDERS PURSUANT TO THE COMPANY’S PREVIOUS ISSUANCE OF CONVERTIBLE NOTES.	Management	Abstain	For	Against
4.	APPOINTMENT OF DIRECTORS, MEMBERS AND PRESIDENT OF THE AUDIT AND CORPORATE PRACTICES AND FINANCE COMMITTEES.	Management	Abstain	For	Against
5.	COMPENSATION OF THE MEMBERS OF THE BOARD OF DIRECTORS AND OF THE AUDIT AND CORPORATE PRACTICES AND FINANCE COMMITTEES.	Management	Abstain	For	Against
6.	APPOINTMENT OF DELEGATE OR DELEGATES TO FORMALIZE THE RESOLUTIONS ADOPTED AT THE MEETING.	Management	Abstain	For	Against

IRSA PROPIEDADES COMERCIALES S A

Security	463588103	Meeting Type	Annual
Ticker Symbol	IRCP	Meeting Date	05-Apr-2017
ISIN	US4635881034	Agenda	934546966 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	APPOINTMENT OF TWO SHAREHOLDERS TO SIGN THE MEETINGS’ MINUTES.	Management	For	For	For
2.	CONSIDERATION OF PAYMENT OF A CASH DIVIDEND IN ADVANCE, TO BE ALLOCATED TO THE CURRENT FISCAL YEAR UP TO THE AMOUNT OF PESOS THREE HUNDRED AND TEN MILLION ($310,000,000.-) AND CONSIDERATION OF THE SPECIAL BALANCE SHEET ENDED DECEMBER 31ST, 2016, TAKEN AS BASIS FOR THE CALCULATION OF SUCH A DIVIDEND. AUTHORIZATIONS (DUE TO SPACE LIMITS, SEE PROXY MATERIAL FOR FULL PROPOSAL).	Management	For	For	For

REGIONS FINANCIAL CORPORATION

Security	7591EP100	Meeting Type	Annual
Ticker Symbol	RF	Meeting Date	20-Apr-2017
ISIN	US7591EP1005	Agenda	934537486 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: CAROLYN H. BYRD	Management	For	For	For
1B.	ELECTION OF DIRECTOR: DAVID J. COOPER, SR.	Management	For	For	For
1C.	ELECTION OF DIRECTOR: DON DEFOSSET	Management	For	For	For
1D.	ELECTION OF DIRECTOR: SAMUEL A. DI PIAZZA, JR.	Management	For	For	For
1E.	ELECTION OF DIRECTOR: ERIC C. FAST	Management	For	For	For
1F.	ELECTION OF DIRECTOR: O. B. GRAYSON HALL, JR.	Management	For	For	For
1G.	ELECTION OF DIRECTOR: JOHN D. JOHNS	Management	For	For	For
1H.	ELECTION OF DIRECTOR: RUTH ANN MARSHALL	Management	For	For	For
1I.	ELECTION OF DIRECTOR: SUSAN W. MATLOCK	Management	For	For	For
1J.	ELECTION OF DIRECTOR: JOHN E. MAUPIN, JR.	Management	For	For	For
1K.	ELECTION OF DIRECTOR: CHARLES D. MCCRARY	Management	For	For	For
1L.	ELECTION OF DIRECTOR: JAMES T. PROKOPANKO	Management	For	For	For
1M.	ELECTION OF DIRECTOR: LEE J. STYSLINGER III	Management	For	For	For

1N.	ELECTION OF DIRECTOR: JOSE S. SUQUET	Management	For	For	For
2.	RATIFICATION OF APPOINTMENT OF ERNST & YOUNG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017.	Management	For	For	For
3.	NONBINDING STOCKHOLDER APPROVAL OF EXECUTIVE COMPENSATION	Management	For	For	For

GRUPO AEROPORTUARIO DEL SURESTE SA DE CV

Security	40051E202	Meeting Type	Annual
Ticker Symbol	ASR	Meeting Date	26-Apr-2017
ISIN	US40051E2028	Agenda	934573204 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A	APPROVAL OF THE REPORT OF THE CHIEF EXECUTIVE OFFICER, IN ACCORDANCE WITH ARTICLE 172 OF THE GENERAL CORPORATIONS LAW AND OF ARTICLE 44, SUBSECTION XI, OF THE SECURITIES MARKET LAW (“LEY DEL MERCADO DE VALORES”), ACCOMPANIED BY THE INDEPENDENT AUDITOR’S REPORT, IN CONNECTION WITH THE OPERATIONS AND RESULTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2016, AS WELL AS OF THE BOARD OF DIRECTORS’ OPINION OF THE CONTENT OF SUCH REPORT.	Management	For	For	For
1B	APPROVAL OF THE REPORT OF THE BOARD OF DIRECTORS IN ACCORDANCE WITH ARTICLE 172, SUBSECTION B, OF THE GENERAL CORPORATIONS LAW, WHICH CONTAINS THE MAIN POLICIES, AS WELL AS THE ACCOUNTING AND REPORTING CRITERIA FOLLOWED IN THE PREPARATION OF THE FINANCIAL INFORMATION OF THE COMPANY.	Management	For	For	For
1C	APPROVAL OF THE REPORT OF THE ACTIVITIES AND OPERATIONS IN WHICH THE BOARD OF DIRECTORS INTERVENED, IN ACCORDANCE WITH ARTICLE 28 IV (E) OF THE SECURITIES MARKET LAW.	Management	For	For	For
1D	APPROVAL OF THE INDIVIDUAL AND CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FISCAL YEAR ENDED DECEMBER 31, 2016.	Management	For	For	For

1E	APPROVAL OF THE ANNUAL REPORT ON THE ACTIVITIES CARRIED OUT BY THE AUDIT COMMITTEE OF THE COMPANY IN ACCORDANCE WITH ARTICLE 43 OF THE SECURITIES MARKET LAW AND REPORT ON THE COMPANY’S SUBSIDIARIES.	Management	For	For	For
1F	APPROVAL OF THE REPORT ON COMPLIANCE WITH THE TAX OBLIGATIONS OF THE COMPANY FOR THE FISCAL YEAR ENDED DECEMBER 31, 2015, IN ACCORDANCE WITH ARTICLE 76, SECTION XIX OF THE INCOME TAX LAW (“LEY DEL IMPUESTO SOBRE LA RENTA”).	Management	For	For	For
2A	APPROVAL OF THE APPLICATION OF THE COMPANY’S RESULTS FOR THE YEAR: PROPOSAL FOR INCREASE OF THE LEGAL RESERVE BY PS. 181,868,397.00	Management	For	For	For
2B	APPROVAL OF THE APPLICATION OF THE COMPANY’S RESULTS FOR THE YEAR: PROPOSAL BY THE BOARD OF DIRECTORS TO PAY AN ORDINARY NET DIVIDEND IN CASH FROM ACCUMULATED RETAINED EARNINGS IN THE AMOUNT OF $6.16 (SIX PESOS AND SIXTEEN CENTS MEXICAN LEGAL TENDER) FOR EACH OF THE ORDINARY “B” AND “BB” SERIES SHARES.	Management	For	For	For
2C	APPROVAL OF THE APPLICATION OF THE COMPANY’S RESULTS FOR THE YEAR: PROPOSAL AND, IF APPLICABLE, APPROVAL OF THE AMOUNT OF PS. 1,607,499,533.00 AS THE MAXIMUM AMOUNT THAT MAY BE USED BY THE COMPANY TO REPURCHASE ITS SHARES IN 2017 PURSUANT TO ARTICLE 56 OF THE SECURITIES MARKET LAW; PROPOSAL AND, IF APPLICABLE, APPROVAL OF THE PROVISIONS AND POLICIES REGARDING THE REPURCHASE OF COMPANY SHARES.	Management	For	For	For
3A	RATIFICATION, OF THE: ADMINISTRATION BY THE BOARD OF DIRECTORS AND THE CHIEF EXECUTIVE OFFICER FOR THE FISCAL YEAR OF 2016.	Management	For	For	For
3B1	APPOINTMENT OF THE BOARD OF DIRECTOR: FERNANDO CHICO PARDO (PRESIDENT)	Management	For	For	For

3B2	APPOINTMENT OF THE BOARD OF DIRECTOR: JOSE ANTONIO PEREZ ANTON	Management	For	For	For
3B3	APPOINTMENT OF THE BOARD OF DIRECTOR: LUIS CHICO PARDO	Management	For	For	For
3B4	APPOINTMENT OF THE BOARD OF DIRECTOR: AURELIO PEREZ ALONSO	Management	For	For	For
3B5	APPOINTMENT OF THE BOARD OF DIRECTOR: RASMUS CHRISTIANSEN	Management	For	For	For
3B6	APPOINTMENT OF THE BOARD OF DIRECTOR: FRANCISCO GARZA ZAMBRANO	Management	For	For	For
3B7	APPOINTMENT OF THE BOARD OF DIRECTOR: RICARDO GUAJARDO TOUCHE	Management	For	For	For
3B8	APPOINTMENT OF THE BOARD OF DIRECTOR: GUILLERMO ORTIZ MARTINEZ	Management	For	For	For
3B9	APPOINTMENT OF THE BOARD OF DIRECTOR: ROBERTO SERVITJE SENDRA	Management	For	For	For
3C1	APPOINTMENT OR RATIFICATION, AS APPLICABLE, OF THE CHAIRPERSON OF THE AUDIT COMMITTEE: RICARDO GUAJARDO TOUCHE	Management	For	For	For
3D1	APPOINTMENT OR RATIFICATION OF THE NOMINATIONS AND COMPENSATIONS COMMITTEE: FERNANDO CHICO PARDO (PRESIDENT) JOSE ANTONIO PEREZ ANTON ROBERTO SERVITJE SENDRA	Management	For	For	For
3E1	DETERMINATION OF CORRESPONDING COMPENSATIONS: BOARD OF DIRECTORS PS. 55,000.00* *(IN EACH CASE NET OF TAXES IN MEXICAN LEGAL TENDER)	Management	For	For	For
3E2	DETERMINATION OF CORRESPONDING COMPENSATIONS: OPERATIONS COMMITTEE: PS. 55,000.00* *(IN EACH CASE NET OF TAXES IN MEXICAN LEGAL TENDER)	Management	For	For	For
3E3	DETERMINATION OF CORRESPONDING COMPENSATIONS: NOMINATIONS & COMPENSATIONS COMMITTEE: PS. 55,000.00* *(IN EACH CASE NET OF TAXES IN MEXICAN LEGAL TENDER)	Management	For	For	For
3E4	DETERMINATION OF CORRESPONDING COMPENSATIONS: AUDIT COMMITTEE: PS. 77,000.00* *(IN EACH CASE NET OF TAXES IN MEXICAN LEGAL TENDER)	Management	For	For	For

3E5	DETERMINATION OF CORRESPONDING COMPENSATIONS: ACQUISITIONS & CONTRACTS COMMITTEE: PS. 17,000.00* *(IN EACH CASE NET OF TAXES IN MEXICAN LEGAL TENDER)	Management	For	For	For
4A	APPOINTMENT OF DELEGATES IN ORDER TO ENACT THE RESOLUTIONS ADOPTED AT THE MEETING AND, IF APPLICABLE, TO FORMALIZE SUCH RESOLUTIONS: CLAUDIO R. GONGORA MORALES	Management	For	For	For
4B	APPOINTMENT OF DELEGATES IN ORDER TO ENACT THE RESOLUTIONS ADOPTED AT THE MEETING AND, IF APPLICABLE, TO FORMALIZE SUCH RESOLUTIONS: RAFAEL ROBLES MIAJA	Management	For	For	For
4C	APPOINTMENT OF DELEGATES IN ORDER TO ENACT THE RESOLUTIONS ADOPTED AT THE MEETING AND, IF APPLICABLE, TO FORMALIZE SUCH RESOLUTIONS: ANA MARIA POBLANNO CHANONA	Management	For	For	For

HCP, INC.
Security	40414L109	Meeting Type	Annual
Ticker Symbol	HCP	Meeting Date	27-Apr-2017
ISIN	US40414L1098	Agenda	934544215 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: BRIAN G. CARTWRIGHT	Management	For	For	For
1B.	ELECTION OF DIRECTOR: CHRISTINE N. GARVEY	Management	For	For	For
1C.	ELECTION OF DIRECTOR: DAVID B. HENRY	Management	For	For	For
1D.	ELECTION OF DIRECTOR: THOMAS M. HERZOG	Management	For	For	For
1E.	ELECTION OF DIRECTOR: JAMES P. HOFFMANN	Management	For	For	For
1F.	ELECTION OF DIRECTOR: MICHAEL D. MCKEE	Management	For	For	For
1G.	ELECTION OF DIRECTOR: PETER L. RHEIN	Management	For	For	For
1H.	ELECTION OF DIRECTOR: JOSEPH P. SULLIVAN	Management	For	For	For
2.	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS HCP’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2017.	Management	For	For	For

3.	APPROVAL, ON AN ADVISORY BASIS, OF EXECUTIVE COMPENSATION.	Management	For	For	For
4.	APPROVAL, ON AN ADVISORY BASIS, OF THE FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION.	Management	1 Year	1 Year	For

CYRUSONE INC.
Security	23283R100	Meeting Type	Annual
Ticker Symbol	CONE	Meeting Date	28-Apr-2017
ISIN	US23283R1005	Agenda	934544683 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       GARY J. WOJTASZEK		For	For	For
	2       DAVID H. FERDMAN		For	For	For
	3       JOHN W. GAMBLE, JR.		For	For	For
	4       MICHAEL A. KLAYKO		For	For	For
	5       T. TOD NIELSEN		For	For	For
	6       ALEX SHUMATE		For	For	For
	7       WILLIAM E. SULLIVAN		For	For	For
	8       LYNN A. WENTWORTH		For	For	For
2.	APPROVAL OF THE ADVISORY (NON-BINDING) RESOLUTION TO APPROVE THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS (“SAY-ON-PAY”)	Management	For	For	For
3.	RATIFICATION OF DELOITTE & TOUCHE LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017	Management	For	For	For

GAFISA S.A.
Security	362607400	Meeting Type	Annual
Ticker Symbol	GFA	Meeting Date	28-Apr-2017
ISIN	US3626074005	Agenda	934595452 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	ANALYZE THE MANAGEMENT’S ACCOUNTS, EXAMINE, DISCUSS AND VOTE ON THE FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2016, AS RELEASED ON MARCH 23, 2017 AT THE WEBSITES OF CVM AND BM&FBOVESPA VIA THE PERIODIC INFORMATION SYSTEM (IPE) AND PUBLISHED ON MARCH 24, 2017 IN THE NEWSPAPERS “O ESTAD DE SAO PAULO” AND “OFFICIAL GAZETTE OF THE STATE OF SAO PAULO”.	Management	For	For	For
2.	DEFINE THE OVERALL COMPENSATION AMOUNT PAYABLE TO THE COMPANY’S MANAGEMENT IN 2017 FISCAL YEAR WITHIN THE LIMIT OF UP TO R$18,739,227.00, FOR THE FISCAL YEAR IN PROGRESS, FROM JANUARY TO DECEMBER 2017.	Management	For	For	For
3.	INSTALL THE COMPANY’S FISCAL COUNCIL AND ESTABLISH THAT THE FISCAL COUNCIL SHALL BE COMPOSED OF THREE (3) SITTING MEMBERS, WITH EQUAL NUMBER OF DEPUTIES.	Management	For	For	For
4.	APPOINTMENT OF ALL CANDIDATES COMPOSING THE SLATE OF THE FISCAL COUNCIL.	Management	For	For	For
5.	IF ONE OF THE CANDIDATES COMPOSING THE SLATE LEAVES IT FOR A SEPARATE ELECTION REFERRED TO BY ARTICLES 161, PARAGRAPH 4 AND 240 OF LAW NO. 6.404 OF 1976, MAY THE VOTES CORRESPONDING TO HIS SHARES STILL BE CONFERRED TO THE SLATE CHOSEN.	Management	For	For	For
6.	DEFINE THE OVERALL COMPENSATION AMOUNT PAYABLE TO MEMBERS OF THE COMPANY’S FISCAL COUNCIL WITHIN THE LIMIT OF UP TO R$260,640.00.	Management	For	For	For

STAG INDUSTRIAL, INC.
Security	85254J102	Meeting Type	Annual
Ticker Symbol	STAG	Meeting Date	01-May-2017
ISIN	US85254J1025	Agenda	934546637 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       BENJAMIN S. BUTCHER		For	For	For

	2       VIRGIS W. COLBERT		For	For	For
	3       JEFFREY D. FURBER		For	For	For
	4       LARRY T. GUILLEMETTE		For	For	For
	5       FRANCIS X. JACOBY III		For	For	For
	6       CHRISTOPHER P. MARR		For	For	For
	7       HANS S. WEGER		For	For	For
2.	THE RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2017.	Management	For	For	For
3.	THE APPROVAL, BY NON-BINDING VOTE, OF EXECUTIVE COMPENSATION.	Management	For	For	For

FARMLAND PARTNERS INC.
Security	31154R109	Meeting Type	Annual
Ticker Symbol	FPI	Meeting Date	03-May-2017
ISIN	US31154R1095	Agenda	934548439 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       JAY B. BARTELS		For	For	For
	2       D. DIXON BOARDMAN		For	For	For
	3       JOHN C. CONRAD		For	For	For
	4       CHRIS A. DOWNEY		For	For	For
	5       THOMAS S. T. GIMBEL		For	For	For
	6       JOSEPH W. GLAUBER		For	For	For
	7       PAUL A. PITTMAN		For	For	For
	8       DARELL D. SARFF		For	For	For
2.	TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR OUR FISCAL YEAR ENDING DECEMBER 31, 2017.	Management	For	For	For
3.	TO APPROVE THE SECOND AMENDED AND RESTATED FARMLAND PARTNERS INC. 2014 EQUITY INCENTIVE PLAN.	Management	For	For	For

QTS REALTY TRUST, INC.
Security	74736A103	Meeting Type	Annual
Ticker Symbol	QTS	Meeting Date	04-May-2017
ISIN	US74736A1034	Agenda	934549190 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       CHAD L. WILLIAMS		For	For	For
	2       JOHN W. BARTER		For	For	For
	3       WILLIAM O. GRABE		For	For	For
	4       CATHERINE R. KINNEY		For	For	For
	5       PETER A. MARINO		For	For	For
	6       SCOTT D. MILLER		For	For	For
	7       PHILIP P. TRAHANAS		For	For	For
	8       STEPHEN E. WESTHEAD		For	For	For
2.	TO APPROVE, ON A NON-BINDING ADVISORY BASIS, THE COMPENSATION PAID TO THE COMPANY’S NAMED EXECUTIVE OFFICERS.	Management	For	For	For
3.	TO APPROVE THE 2017 AMENDED AND RESTATED QTS REALTY TRUST, INC. EMPLOYEE STOCK PURCHASE PLAN.	Management	For	For	For
4.	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2017.	Management	For	For	For

RYMAN HOSPITALITY PROPERTIES, INC.
Security	78377T107	Meeting Type	Annual
Ticker Symbol	RHP	Meeting Date	04-May-2017
ISIN	US78377T1079	Agenda	934565803 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: MICHAEL J. BENDER	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: RACHNA BHASIN	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: ALVIN BOWLES	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: WILLIAM F. HAGERTY, IV	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: ELLEN LEVINE	Management	Abstain	For	Against
1F.	ELECTION OF DIRECTOR: PATRICK Q. MOORE	Management	Abstain	For	Against
1G.	ELECTION OF DIRECTOR: ROBERT S. PRATHER, JR.	Management	Abstain	For	Against

1H.	ELECTION OF DIRECTOR: COLIN V. REED	Management	Abstain	For	Against
1I.	ELECTION OF DIRECTOR: MICHAEL I. ROTH	Management	Abstain	For	Against
2.	TO APPROVE, ON AN ADVISORY BASIS, THE COMPANY’S EXECUTIVE COMPENSATION.	Management	Abstain	For	Against
3.	TO DETERMINE, ON AN ADVISORY BASIS, WHETHER WE WILL HAVE FUTURE ADVISORY VOTES REGARDING OUR EXECUTIVE COMPENSATION EVERY ONE YEAR, EVERY TWO YEARS OR EVERY THREE YEARS.	Management	Abstain	1 Year	Against
4.	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2017.	Management	Abstain	For	Against

WELLTOWER INC.
Security	95040Q104	Meeting Type	Annual
Ticker Symbol	HCN	Meeting Date	04-May-2017
ISIN	US95040Q1040	Agenda	934546550 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: KENNETH J. BACON	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: THOMAS J. DEROSA	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: JEFFREY H. DONAHUE	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: FRED S. KLIPSCH	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: GEOFFREY G. MEYERS	Management	Abstain	For	Against
1F.	ELECTION OF DIRECTOR: TIMOTHY J. NAUGHTON	Management	Abstain	For	Against
1G.	ELECTION OF DIRECTOR: SHARON M. OSTER	Management	Abstain	For	Against
1H.	ELECTION OF DIRECTOR: JUDITH C. PELHAM	Management	Abstain	For	Against
1I.	ELECTION OF DIRECTOR: SERGIO D. RIVERA	Management	Abstain	For	Against
1J.	ELECTION OF DIRECTOR: R. SCOTT TRUMBULL	Management	Abstain	For	Against
2.	THE RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR 2017.	Management	Abstain	For	Against

3.	THE ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION AS DISCLOSED IN THE PROXY STATEMENT PURSUANT TO THE COMPENSATION DISCLOSURE RULES OF THE SEC.	Management	Abstain	For	Against
4.	THE ADVISORY VOTE ON THE FREQUENCY OF ADVISORY VOTES ON EXECUTIVE COMPENSATION.	Management	Abstain	1 Year	Against

INTERCONTINENTAL HOTELS GROUP PLC
Security	45857P608	Meeting Type	Annual
Ticker Symbol	IHG	Meeting Date	05-May-2017
ISIN	US45857P6088	Agenda	934590084 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	REPORT AND ACCOUNTS 2016	Management	For	For	For
2.	DIRECTORS’ REMUNERATION POLICY	Management	For	For	For
3.	DIRECTORS’ REMUNERATION REPORT 2016	Management	For	For	For
4.	DECLARATION OF FINAL DIVIDEND	Management	For	For	For
5A.	ELECTION OF MALINA NGAI AS A DIRECTOR	Management	For	For	For
5B.	RE-ELECTION OF ANNE BUSQUET AS A DIRECTOR	Management	For	For	For
5C.	RE-ELECTION OF PATRICK CESCAU AS A DIRECTOR	Management	For	For	For
5D.	RE-ELECTION OF IAN DYSON AS A DIRECTOR	Management	For	For	For
5E.	RE-ELECTION OF PAUL EDGECLIFFE- JOHNSON AS A DIRECTOR	Management	For	For	For
5F.	RE-ELECTION OF JO HARLOW AS A DIRECTOR	Management	For	For	For
5G.	RE-ELECTION OF LUKE MAYHEW AS A DIRECTOR	Management	For	For	For
5H.	RE-ELECTION OF JILL MCDONALD AS A DIRECTOR	Management	For	For	For
5I.	RE-ELECTION OF DALE MORRISON AS A DIRECTOR	Management	For	For	For
5J.	RE-ELECTION OF RICHARD SOLOMONS AS A DIRECTOR	Management	For	For	For
6.	REAPPOINTMENT OF AUDITOR	Management	For	For	For
7.	REMUNERATION OF AUDITOR	Management	For	For	For
8.	POLITICAL DONATIONS	Management	For	For	For
9.	SHARE CONSOLIDATION	Management	For	For	For
10.	ALLOTMENT OF SHARES	Management	For	For	For
11.	DISAPPLICATION OF PRE-EMPTION RIGHTS	Management	For	For	For

12.	FURTHER DISAPPLICATION OF PRE- EMPTION RIGHTS	Management	For	For	For
13.	AUTHORITY TO PURCHASE OWN SHARES	Management	For	For	For
14.	NOTICE OF GENERAL MEETINGS	Management	For	For	For

MARRIOTT INTERNATIONAL, INC.
Security	571903202	Meeting Type	Annual
Ticker Symbol	MAR	Meeting Date	05-May-2017
ISIN	US5719032022	Agenda	934571705 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: J.W. MARRIOTT, JR.	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: MARY K. BUSH	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: BRUCE W. DUNCAN	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: DEBORAH M. HARRISON	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: FREDERICK A. HENDERSON	Management	Abstain	For	Against
1F.	ELECTION OF DIRECTOR: ERIC HIPPEAU	Management	Abstain	For	Against
1G.	ELECTION OF DIRECTOR: LAWRENCE W. KELLNER	Management	Abstain	For	Against
1H.	ELECTION OF DIRECTOR: DEBRA L. LEE	Management	Abstain	For	Against
1I.	ELECTION OF DIRECTOR: AYLWIN B. LEWIS	Management	Abstain	For	Against
1J.	ELECTION OF DIRECTOR: GEORGE MUNOZ	Management	Abstain	For	Against
1K.	ELECTION OF DIRECTOR: STEVEN S REINEMUND	Management	Abstain	For	Against
1L.	ELECTION OF DIRECTOR: W. MITT ROMNEY	Management	Abstain	For	Against
1M.	ELECTION OF DIRECTOR: SUSAN C. SCHWAB	Management	Abstain	For	Against
1N.	ELECTION OF DIRECTOR: ARNE M. SORENSON	Management	Abstain	For	Against
2.	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL 2017.	Management	Abstain	For	Against
3.	ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION.	Management	Abstain	For	Against
4.	ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES TO APPROVE EXECUTIVE COMPENSATION.	Management	Abstain	1 Year	Against
5.	RECOMMENDATION TO ADOPT HOLY LAND PRINCIPLES.	Shareholder	Abstain	Against	Against

ALEXANDRIA REAL ESTATE EQUITIES, INC.
Security	015271109	Meeting Type	Annual
Ticker Symbol	ARE	Meeting Date	09-May-2017
ISIN	US0152711091	Agenda	934576983 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       JOEL S. MARCUS		Abstain	For	Against
	2       STEVEN R. HASH		Abstain	For	Against
	3       JOHN L. ATKINS, III		Abstain	For	Against
	4       JAMES P. CAIN		Abstain	For	Against
	5       MARIA C. FREIRE		Abstain	For	Against
	6       RICHARD H. KLEIN		Abstain	For	Against
	7       JAMES H. RICHARDSON		Abstain	For	Against
2.	TO CAST A NON-BINDING, ADVISORY VOTE ON A RESOLUTION TO APPROVE THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS, AS MORE PARTICULARLY DESCRIBED IN THE ACCOMPANYING PROXY STATEMENT.	Management	Abstain	For	Against
3.	TO CAST A NON-BINDING, ADVISORY VOTE ON THE FREQUENCY OF FUTURE NON-BINDING ADVISORY STOCKHOLDER VOTES ON THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS, AS MORE PARTICULARLY DEFINED IN THE ACCOMPANYING PROXY STATEMENT.	Management	Abstain	1 Year	Against
4.	TO VOTE TO APPROVE AN AMENDMENT OF THE COMPANY’S CHARTER TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK THAT THE COMPANY IS AUTHORIZED TO ISSUE FROM 100,000,000 TO 200,000,000 SHARES, AS MORE PARTICULARLY DESCRIBED IN THE ACCOMPANYING PROXY STATEMENT.	Management	Abstain	For	Against
5.	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2017, AS MORE PARTICULARLY DESCRIBED IN THE ACCOMPANYING PROXY STATEMENT.	Management	Abstain	For	Against

ACADIA REALTY TRUST
Security	004239109	Meeting Type	Annual
Ticker Symbol	AKR	Meeting Date	10-May-2017
ISIN	US0042391096	Agenda	934561956 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF TRUSTEE: KENNETH F. BERNSTEIN	Management	Abstain	For	Against
1B.	ELECTION OF TRUSTEE: DOUGLAS CROCKER II	Management	Abstain	For	Against
1C.	ELECTION OF TRUSTEE: LORRENCE T. KELLAR	Management	Abstain	For	Against
1D.	ELECTION OF TRUSTEE: WENDY LUSCOMBE	Management	Abstain	For	Against
1E.	ELECTION OF TRUSTEE: WILLIAM T. SPITZ	Management	Abstain	For	Against
1F.	ELECTION OF TRUSTEE: LYNN C. THURBER	Management	Abstain	For	Against
1G.	ELECTION OF TRUSTEE: LEE S. WIELANSKY	Management	Abstain	For	Against
1H.	ELECTION OF TRUSTEE: C. DAVID ZOBA	Management	Abstain	For	Against
2.	THE RATIFICATION OF THE APPOINTMENT OF BDO USA, LLP AS THE (DUE TO SPACE LIMITS, SEE PROXY STATEMENT FOR FULL PROPOSAL).	Management	Abstain	For	Against
3.	THE APPROVAL, ON AN ADVISORY BASIS, OF THE COMPENSATION OF NAMED EXECUTIVE OFFICERS AS DISCLOSED IN THE COMPANY’S 2017 PROXY STATEMENT IN ACCORDANCE WITH COMPENSATION RULES OF THE SECURITIES AND EXCHANGE COMMISSION.	Management	Abstain	For	Against
4.	TO APPROVE AN AMENDMENT TO THE COMPANY’S DECLARATION OF TRUST TO INCREASE THE AUTHORIZED SHARE CAPITAL OF THE COMPANY FROM 100 MILLION SHARES TO 200 MILLION SHARES.	Management	Abstain	For	Against
5.	THE APPROVAL, ON AN ADVISORY BASIS, OF THE FREQUENCY OF AN ADVISORY VOTE ON NAMED EXECUTIVE OFFICER COMPENSATION.	Management	Abstain	1 Year	Against

SIMON PROPERTY GROUP, INC.
Security	828806109	Meeting Type	Annual
Ticker Symbol	SPG	Meeting Date	10-May-2017
ISIN	US8288061091	Agenda	934555612 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: GLYN F. AEPPEL	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: LARRY C. GLASSCOCK	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: KAREN N. HORN, PH.D.	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: ALLAN HUBBARD	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: REUBEN S. LEIBOWITZ	Management	Abstain	For	Against
1F.	ELECTION OF DIRECTOR: GARY M. RODKIN	Management	Abstain	For	Against
1G.	ELECTION OF DIRECTOR: DANIEL C. SMITH, PH.D.	Management	Abstain	For	Against
1H.	ELECTION OF DIRECTOR: J. ALBERT SMITH, JR.	Management	Abstain	For	Against
2.	AN ADVISORY VOTE ON THE FREQUENCY OF ADVISORY VOTES ON EXECUTIVE COMPENSATION.	Management	Abstain	1 Year	Against
3.	AN ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION.	Management	Abstain	For	Against
4.	RATIFICATION OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017.	Management	Abstain	For	Against

CORECIVIC, INC.
Security	21871N101	Meeting Type	Annual
Ticker Symbol	CXW	Meeting Date	11-May-2017
ISIN	US21871N1019	Agenda	934559975 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: DONNA M. ALVARADO	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: ROBERT J. DENNIS	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: MARK A. EMKES	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: DAMON T. HININGER	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: STACIA A. HYLTON	Management	Abstain	For	Against
1F.	ELECTION OF DIRECTOR: ANNE L. MARIUCCI	Management	Abstain	For	Against
1G.	ELECTION OF DIRECTOR: THURGOOD MARSHALL, JR.	Management	Abstain	For	Against

1H.	ELECTION OF DIRECTOR: CHARLES L. OVERBY	Management	Abstain	For	Against
1I.	ELECTION OF DIRECTOR: JOHN R. PRANN, JR.	Management	Abstain	For	Against
2.	RATIFICATION OF THE APPOINTMENT BY OUR AUDIT COMMITTEE OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2017.	Management	Abstain	For	Against
3.	ADVISORY VOTE TO APPROVE THE COMPENSATION OF NAMED EXECUTIVE OFFICERS.	Management	Abstain	For	Against
4.	AN ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION.	Management	Abstain	1 Year	Against
5.	THE APPROVAL OF THE COMPANY’S SECOND AMENDED AND RESTATED 2008 STOCK INCENTIVE PLAN.	Management	Abstain	For	Against

EASTGROUP PROPERTIES, INC.

Security	277276101	Meeting Type	Annual
Ticker Symbol	EGP	Meeting Date	11-May-2017
ISIN	US2772761019	Agenda	934556602 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: D. PIKE ALOIAN	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: H.C. BAILEY, JR.	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: H. ERIC BOLTON, JR.	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: HAYDEN C. EAVES III	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: FREDRIC H. GOULD	Management	Abstain	For	Against
1F.	ELECTION OF DIRECTOR: DAVID H. HOSTER II	Management	Abstain	For	Against
1G.	ELECTION OF DIRECTOR: MARSHALL A. LOEB	Management	Abstain	For	Against
1H.	ELECTION OF DIRECTOR: MARY E. MCCORMICK	Management	Abstain	For	Against
1I.	ELECTION OF DIRECTOR: LELAND R. SPEED	Management	Abstain	For	Against
2.	ADVISORY VOTE TO RATIFY THE APPOINTMENT OF KPMG LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 2017 FISCAL YEAR.	Management	Abstain	For	Against

3.	ADVISORY VOTE ON EXECUTIVE COMPENSATION.	Management	Abstain	For	Against
4.	FREQUENCY ON SAY-ON-PAY: BOARD HAS DETERMINED A SAY-ON-PAY VOTE EVERY YEAR IS THE BEST APPROACH.	Management	Abstain	1 Year	Against

HOST HOTELS & RESORTS, INC.

Security	44107P104	Meeting Type	Annual
Ticker Symbol	HST	Meeting Date	11-May-2017
ISIN	US44107P1049	Agenda	934574636 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: MARY L. BAGLIVO	Management	For	For	For
1B.	ELECTION OF DIRECTOR: SHEILA C. BAIR	Management	For	For	For
1C.	ELECTION OF DIRECTOR: SANDEEP L. MATHRANI	Management	For	For	For
1D.	ELECTION OF DIRECTOR: ANN M. KOROLOGOS	Management	For	For	For
1E.	ELECTION OF DIRECTOR: RICHARD E. MARRIOTT	Management	For	For	For
1F.	ELECTION OF DIRECTOR: JOHN B. MORSE, JR.	Management	For	For	For
1G.	ELECTION OF DIRECTOR: WALTER C. RAKOWICH	Management	For	For	For
1H.	ELECTION OF DIRECTOR: JAMES F. RISOLEO	Management	For	For	For
1I.	ELECTION OF DIRECTOR: GORDON H. SMITH	Management	For	For	For
2.	RATIFY APPOINTMENT OF KPMG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR 2017.	Management	For	For	For
3.	ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION.	Management	For	For	For
4.	ADVISORY RESOLUTION ON THE FREQUENCY OF VOTES ON EXECUTIVE COMPENSATION.	Management	1 Year	1 Year	For

VULCAN MATERIALS COMPANY
Security	929160109	Meeting Type	Annual
Ticker Symbol	VMC	Meeting Date	12-May-2017
ISIN	US9291601097	Agenda	934558505 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: O. B. GRAYSON HALL, JR.	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: JAMES T. PROKOPANKO	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: DAVID P. STEINER	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: KATHLEEN WILSON-THOMPSON	Management	Abstain	For	Against
2.	APPROVAL, ON AN ADVISORY BASIS, OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.	Management	Abstain	For	Against
3.	ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION.	Management	Abstain	1 Year	Against
4.	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017.	Management	Abstain	For	Against

ESSEX PROPERTY TRUST, INC.
Security	297178105	Meeting Type	Annual
Ticker Symbol	ESS	Meeting Date	16-May-2017
ISIN	US2971781057	Agenda	934552844 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       KEITH R. GUERICKE		Abstain	For	Against
	2       IRVING F. LYONS, III		Abstain	For	Against
	3       GEORGE M. MARCUS		Abstain	For	Against
	4       GARY P. MARTIN		Abstain	For	Against
	5       ISSIE N. RABINOVITCH		Abstain	For	Against
	6       THOMAS E. ROBINSON		Abstain	For	Against
	7       MICHAEL J. SCHALL		Abstain	For	Against
	8       BYRON A. SCORDELIS		Abstain	For	Against
	9       JANICE L. SEARS		Abstain	For	Against
2.	RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE COMPANY FOR THE YEAR ENDING DECEMBER 31, 2017.	Management	Abstain	For	Against
3.	ADVISORY VOTE TO APPROVE THE COMPANY’S NAMED EXECUTIVE OFFICER COMPENSATION.	Management	Abstain	For	Against
4.	ADVISORY VOTE TO DETERMINE THE FREQUENCY OF NAMED EXECUTIVE OFFICER COMPENSATION ADVISORY VOTES.	Management	Abstain	1 Year	Against

SUMMIT MATERIALS, INC.
Security	86614U100	Meeting Type	Annual
Ticker Symbol	SUM	Meeting Date	17-May-2017
ISIN	US86614U1007	Agenda	934562427 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       TED A. GARDNER		For	For	For
	2       JOHN R. MURPHY		For	For	For
	3       STEVEN H. WUNNING		For	For	For
2.	RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS OUR INDEPENDENT AUDITORS FOR 2017.	Management	For	For	For
3.	NONBINDING ADVISORY VOTE ON THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS FOR 2016.	Management	For	For	For

AVALONBAY COMMUNITIES, INC.
Security	053484101	Meeting Type	Annual
Ticker Symbol	AVB	Meeting Date	18-May-2017
ISIN	US0534841012	Agenda	934584106 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: GLYN F. AEPPEL	Management	For	For	Against
1B.	ELECTION OF DIRECTOR: TERRY S. BROWN	Management	For	For	Against
1C.	ELECTION OF DIRECTOR: ALAN B. BUCKELEW	Management	For	For	Against
1D.	ELECTION OF DIRECTOR: RONALD L. HAVNER, JR.	Management	For	For	Against
1E.	ELECTION OF DIRECTOR: RICHARD J. LIEB	Management	For	For	Against
1F.	ELECTION OF DIRECTOR: TIMOTHY J. NAUGHTON	Management	For	For	Against
1G.	ELECTION OF DIRECTOR: PETER S. RUMMELL	Management	For	For	Against
1H.	ELECTION OF DIRECTOR: H. JAY SARLES	Management	For	For	Against
1I.	ELECTION OF DIRECTOR: SUSAN SWANEZY	Management	For	For	Against
1J.	ELECTION OF DIRECTOR: W. EDWARD WALTER	Management	For	For	Against
2.	TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY’S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2017.	Management	For	For	Against

3.	TO APPROVE THE COMPANY’S SECOND AMENDED AND RESTATED 2009 EQUITY INCENTIVE PLAN.	Management	For	For	Against
4.	TO ADOPT A RESOLUTION APPROVING, ON A NON-BINDING ADVISORY …(DUE TO SPACE LIMITS, SEE PROXY STATEMENT FOR FULL PROPOSAL)	Management	For	For	Against
5.	TO CAST A NON-BINDING ADVISORY VOTE AS TO FREQUENCY OF FUTURE … (DUE TO SPACE LIMITS, SEE PROXY STATEMENT FOR FULL PROPOSAL)	Management	For	1 Year	Against

BRIXMOR PROPERTY GROUP INC
Security	11120U105	Meeting Type	Annual
Ticker Symbol	BRX	Meeting Date	18-May-2017
ISIN	US11120U1051	Agenda	934548148 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: JAMES M. TAYLOR JR.	Management	For	For	For
1B.	ELECTION OF DIRECTOR: JOHN G. SCHREIBER	Management	For	For	For
1C.	ELECTION OF DIRECTOR: MICHAEL BERMAN	Management	For	For	For
1D.	ELECTION OF DIRECTOR: SHERYL M. CROSLAND	Management	For	For	For
1E.	ELECTION OF DIRECTOR: ANTHONY W. DEERING	Management	For	For	For
1F.	ELECTION OF DIRECTOR: THOMAS W. DICKSON	Management	For	For	For
1G.	ELECTION OF DIRECTOR: DANIEL B. HURWITZ	Management	For	For	For
1H.	ELECTION OF DIRECTOR: WILLIAM D. RAHM	Management	For	For	For
1I.	ELECTION OF DIRECTOR: GABRIELLE SULZBERGER	Management	For	For	For
2.	TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017.	Management	For	For	For
3.	TO APPROVE, ON A NON-BINDING ADVISORY BASIS, THE COMPENSATION PAID TO OUR NAMED EXECUTIVE OFFICERS.	Management	For	For	For

CARE CAPITAL PROPERTIES, INC.
Security	141624106	Meeting Type	Annual
Ticker Symbol	CCP	Meeting Date	18-May-2017
ISIN	US1416241065	Agenda	934574713 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: DOUGLAS CROCKER II	Management	For	For	For
1B.	ELECTION OF DIRECTOR: JOHN S. GATES, JR.	Management	For	For	For
1C.	ELECTION OF DIRECTOR: RONALD G. GEARY	Management	For	For	For
1D.	ELECTION OF DIRECTOR: RAYMOND J. LEWIS	Management	For	For	For
1E.	ELECTION OF DIRECTOR: JEFFREY A. MALEHORN	Management	For	For	For
1F.	ELECTION OF DIRECTOR: DALE A. REISS	Management	For	For	For
1G.	ELECTION OF DIRECTOR: JOHN L. WORKMAN	Management	For	For	For
2.	RATIFICATION OF THE SELECTION OF KPMG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2017.	Management	For	For	For

CROWN CASTLE INTERNATIONAL CORP
Security	22822V101	Meeting Type	Annual
Ticker Symbol	CCI	Meeting Date	18-May-2017
ISIN	US22822V1017	Agenda	934571820 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: P. ROBERT BARTOLO	Management	For	For	For
1B.	ELECTION OF DIRECTOR: JAY A. BROWN	Management	For	For	For
1C.	ELECTION OF DIRECTOR: CINDY CHRISTY	Management	For	For	For
1D.	ELECTION OF DIRECTOR: ARI Q. FITZGERALD	Management	For	For	For
1E.	ELECTION OF DIRECTOR: ROBERT E. GARRISON II	Management	For	For	For
1F.	ELECTION OF DIRECTOR: LEE W. HOGAN	Management	For	For	For
1G.	ELECTION OF DIRECTOR: EDWARD C. HUTCHESON, JR.	Management	For	For	For
1H.	ELECTION OF DIRECTOR: J. LANDIS MARTIN	Management	For	For	For
1I.	ELECTION OF DIRECTOR: ROBERT F. MCKENZIE	Management	For	For	For
1J.	ELECTION OF DIRECTOR: ANTHONY J. MELONE	Management	For	For	For
1K.	ELECTION OF DIRECTOR: W. BENJAMIN MORELAND	Management	For	For	For

2.	THE RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR FISCAL YEAR 2017.	Management	For	For	For
3.	THE NON-BINDING, ADVISORY VOTE REGARDING THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS.	Management	For	For	For
4.	A STOCKHOLDER PROPOSAL REGARDING PROXY ACCESS, IF PROPERLY PRESENTED.	Shareholder	Against	Against	For

EXTRA SPACE STORAGE INC.
Security	30225T102	Meeting Type	Annual
Ticker Symbol	EXR	Meeting Date	18-May-2017
ISIN	US30225T1025	Agenda	934558581 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.1	ELECTION OF DIRECTOR: KENNETH M. WOOLLEY	Management	Abstain	For	Against
1.2	ELECTION OF DIRECTOR: JOSEPH D. MARGOLIS	Management	Abstain	For	Against
1.3	ELECTION OF DIRECTOR: ROGER B. PORTER	Management	Abstain	For	Against
1.4	ELECTION OF DIRECTOR: SPENCER F. KIRK	Management	Abstain	For	Against
1.5	ELECTION OF DIRECTOR: DENNIS J. LETHAM	Management	Abstain	For	Against
1.6	ELECTION OF DIRECTOR: DIANE OLMSTEAD	Management	Abstain	For	Against
1.7	ELECTION OF DIRECTOR: K. FRED SKOUSEN	Management	Abstain	For	Against
2.	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	Abstain	For	Against
3.	ADVISORY VOTE ON THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS.	Management	Abstain	For	Against
4.	ADVISORY VOTE ON FREQUENCY OF STOCKHOLDER VOTE ON EXECUTIVE COMPENSATION.	Management	Abstain	1 Year	Against

GLADSTONE LAND CORPORATION
Security	376549101	Meeting Type	Annual
Ticker Symbol	LAND	Meeting Date	18-May-2017
ISIN	US3765491010	Agenda	934557111 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       DAVID GLADSTONE		For	For	For
	2       PAUL W. ADELGREN		For	For	For
	3       JOHN H. OUTLAND		For	For	For
2.	TO RATIFY OUR AUDIT COMMITTEE’S SELECTION OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR OUR FISCAL YEAR ENDING DECEMBER 31, 2017.	Management	For	For	For

LENNOX INTERNATIONAL INC.
Security	526107107	Meeting Type	Annual
Ticker Symbol	LII	Meeting Date	18-May-2017
ISIN	US5261071071	Agenda	934571173 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       JANET K. COOPER		Abstain	For	Against
	2       JOHN W. NORRIS, III		Abstain	For	Against
	3       KAREN H. QUINTOS		Abstain	For	Against
	4       PAUL W. SCHMIDT		Abstain	For	Against
2.	RATIFYING THE APPOINTMENT OF KPMG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 2017 FISCAL YEAR.	Management	Abstain	For	Against
3.	ADVISORY VOTE TO APPROVE THE COMPENSATION OF THE NAMED EXECUTIVE OFFICERS AS DISCLOSED IN OUR PROXY STATEMENT.	Management	Abstain	For	Against
4.	ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES ON THE COMPENSATION OF THE NAMED EXECUTIVE OFFICERS AS DISCLOSED IN OUR PROXY STATEMENT.	Management	Abstain	1 Year	Against

MARTIN MARIETTA MATERIALS, INC.
Security	573284106	Meeting Type	Annual
Ticker Symbol	MLM	Meeting Date	18-May-2017
ISIN	US5732841060	Agenda	934601700 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.1	ELECTION OF DIRECTOR: SUE W. COLE	Management	Abstain	For	Against
1.2	ELECTION OF DIRECTOR: MICHAEL J. QUILLEN	Management	Abstain	For	Against
1.3	ELECTION OF DIRECTOR: JOHN J. KORALESKI	Management	Abstain	For	Against
1.4	ELECTION OF DIRECTOR: STEPHEN P. ZELNAK, JR.	Management	Abstain	For	Against
2.	RATIFICATION OF SELECTION OF PRICEWATERHOUSECOOPERS AS INDEPENDENT AUDITORS.	Management	Abstain	For	Against
3.	APPROVAL, BY A NON-BINDING ADVISORY VOTE, OF THE COMPENSATION OF MARTIN MARIETTA MATERIALS, INC.’S NAMED EXECUTIVE OFFICERS.	Management	Abstain	For	Against
4.	SELECTION, BY A NON-BINDING ADVISORY VOTE, OF THE FREQUENCY OF FUTURE SHAREHOLDER VOTES TO APPROVE THE COMPENSATION OF MARTIN MARIETTA MATERIALS, INC.’S NAMED EXECUTIVE OFFICERS.	Management	Abstain	1 Year	Against
5.	SHAREHOLDER PROPOSAL ASKING THE BOARD OF DIRECTORS TO ADOPT A PROXY ACCESS BYLAW.	Shareholder	Abstain	Against	Against

MONMOUTH REAL ESTATE INVESTMENT CORP.
Security	609720107	Meeting Type	Annual
Ticker Symbol	MNR	Meeting Date	18-May-2017
ISIN	US6097201072	Agenda	934556614 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       BRIAN H. HAIMM		Abstain	For	Against
	2       NEAL HERSTIK		Abstain	For	Against
	3       MATTHEW I. HIRSCH		Abstain	For	Against
	4       STEPHEN B. WOLGIN		Abstain	For	Against
2.	RATIFICATION OF THE APPOINTMENT OF PKF O’CONNOR DAVIES, LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2017.	Management	Abstain	For	Against
3.	THE AMENDED AND RESTATED 2007 INCENTIVE AWARD PLAN, AS MORE FULLY DISCLOSED IN THE ACCOMPANYING PROXY STATEMENT.	Management	Abstain	For	Against

4.	THE ADVISORY RESOLUTION FOR THE EXECUTIVE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS, AS MORE FULLY DISCLOSED IN THE ACCOMPANYING PROXY STATEMENT.	Management	Abstain	For	Against
5.	ON AN ADVISORY BASIS, THE FREQUENCY OF THE ADVISORY VOTE ON EXECUTIVE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS.	Management	Abstain	1 Year	Against

SBA COMMUNICATIONS CORPORATION
Security	78410G104	Meeting Type	Annual
Ticker Symbol	SBAC	Meeting Date	18-May-2017
ISIN	US78410G1040	Agenda	934564712 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR FOR A THREE YEAR TERM: STEVEN E. BERNSTEIN	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR FOR A THREE YEAR TERM: DUNCAN H. COCROFT	Management	Abstain	For	Against
2.	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS SBA’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 2017 FISCAL YEAR.	Management	Abstain	For	Against
3.	APPROVAL, ON AN ADVISORY BASIS, OF THE COMPENSATION OF SBA’S NAMED EXECUTIVE OFFICERS.	Management	Abstain	For	Against
4.	APPROVAL, ON AN ADVISORY BASIS, OF THE FREQUENCY OF FUTURE ADVISORY VOTES ON THE COMPENSATION OF SBA’S NAMED EXECUTIVE OFFICERS.	Management	Abstain	1 Year	Against

SUMMIT HOTEL PROPERTIES INC
Security	866082100	Meeting Type	Annual
Ticker Symbol	INN	Meeting Date	18-May-2017
ISIN	US8660821005	Agenda	934572353 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       DANIEL P. HANSEN		For	For	For
	2       BJORN R. L. HANSON		For	For	For
	3       JEFFREY W. JONES		For	For	For
	4       KENNETH J. KAY		For	For	For
	5       THOMAS W. STOREY		For	For	For

2.	RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2017.	Management	For	For	For
3.	APPROVE AN ADVISORY (NON- BINDING) RESOLUTION ON EXECUTIVE COMPENSATION.	Management	For	For	For
4.	APPROVE A CHARTER AMENDMENT TO REPEAL THE COMPANY’S ELECTION TO BE SUBJECT TO SECTION 3-804(C) OF THE MARYLAND GENERAL CORPORATION LAW.	Management	For	For	For

THE HOME DEPOT, INC.
Security	437076102	Meeting Type	Annual
Ticker Symbol	HD	Meeting Date	18-May-2017
ISIN	US4370761029	Agenda	934559204 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: GERARD J. ARPEY	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: ARI BOUSBIB	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: JEFFERY H. BOYD	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: GREGORY D. BRENNEMAN	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: J. FRANK BROWN	Management	Abstain	For	Against
1F.	ELECTION OF DIRECTOR: ALBERT P. CAREY	Management	Abstain	For	Against
1G.	ELECTION OF DIRECTOR: ARMANDO CODINA	Management	Abstain	For	Against
1H.	ELECTION OF DIRECTOR: HELENA B. FOULKES	Management	Abstain	For	Against
1I.	ELECTION OF DIRECTOR: LINDA R. GOODEN	Management	Abstain	For	Against
1J.	ELECTION OF DIRECTOR: WAYNE M. HEWETT	Management	Abstain	For	Against
1K.	ELECTION OF DIRECTOR: KAREN L. KATEN	Management	Abstain	For	Against
1L.	ELECTION OF DIRECTOR: CRAIG A. MENEAR	Management	Abstain	For	Against
1M.	ELECTION OF DIRECTOR: MARK VADON	Management	Abstain	For	Against
2.	RATIFICATION OF THE APPOINTMENT OF KPMG LLP.	Management	Abstain	For	Against

3.	ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION (“SAY-ON- PAY”).	Management	Abstain	For	Against
4.	ADVISORY VOTE ON THE FREQUENCY OF FUTURE SAY-ON-PAY VOTES.	Management	Abstain	1 Year	Against
5.	SHAREHOLDER PROPOSAL REGARDING PREPARATION OF AN EMPLOYMENT DIVERSITY REPORT.	Shareholder	Abstain	Against	Against
6.	SHAREHOLDER PROPOSAL REGARDING ADVISORY VOTE ON POLITICAL CONTRIBUTIONS.	Shareholder	Abstain	Against	Against
7.	SHAREHOLDER PROPOSAL TO REDUCE THE THRESHOLD TO CALL SPECIAL SHAREHOLDER MEETINGS TO 15% OF OUTSTANDING SHARES.	Shareholder	Abstain	Against	Against

VENTAS, INC.
Security	92276F100	Meeting Type	Annual
Ticker Symbol	VTR	Meeting Date	18-May-2017
ISIN	US92276F1003	Agenda	934565966 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: MELODY C. BARNES	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: DEBRA A. CAFARO	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: JAY M. GELLERT	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: RICHARD I. GILCHRIST	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: MATTHEW J. LUSTIG	Management	Abstain	For	Against
1F.	ELECTION OF DIRECTOR: ROXANNE M. MARTINO	Management	Abstain	For	Against
1G.	ELECTION OF DIRECTOR: WALTER C. RAKOWICH	Management	Abstain	For	Against
1H.	ELECTION OF DIRECTOR: ROBERT D. REED	Management	Abstain	For	Against
1I.	ELECTION OF DIRECTOR: GLENN J. RUFRANO	Management	Abstain	For	Against
1J.	ELECTION OF DIRECTOR: JAMES D. SHELTON	Management	Abstain	For	Against
2.	RATIFICATION OF THE SELECTION OF KPMG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2017.	Management	Abstain	For	Against
3.	ADVISORY VOTE TO APPROVE OUR EXECUTIVE COMPENSATION.	Management	Abstain	For	Against
4.	ADVISORY VOTE AS TO THE FREQUENCY OF ADVISORY VOTES TO APPROVE OUR EXECUTIVE COMPENSATION.	Management	Abstain	1 Year	Against

VORNADO REALTY TRUST
Security	929042109	Meeting Type	Annual
Ticker Symbol	VNO	Meeting Date	18-May-2017
ISIN	US9290421091	Agenda	934574915 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       MICHAEL LYNNE		Abstain	For	Against
	2       DAVID M. MANDELBAUM		Abstain	For	Against
	3       MANDAKINI PURI		Abstain	For	Against
	4       DANIEL R. TISCH		Abstain	For	Against
2.	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE CURRENT FISCAL YEAR.	Management	Abstain	For	Against
3.	NON-BINDING, ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION.	Management	Abstain	For	Against
4.	NON-BINDING, ADVISORY VOTE ON THE FREQUENCY OF EXECUTIVE COMPENSATION ADVISORY VOTES.	Management	Abstain	1 Year	Against

TANGER FACTORY OUTLET CENTERS, INC.
Security	875465106	Meeting Type	Annual
Ticker Symbol	SKT	Meeting Date	19-May-2017
ISIN	US8754651060	Agenda	934577404 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: WILLIAM G. BENTON	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: JEFFREY B. CITRIN	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: DAVID B. HENRY	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: THOMAS J. REDDIN	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: THOMAS E. ROBINSON	Management	Abstain	For	Against
1F.	ELECTION OF DIRECTOR: BRIDGET M. RYAN-BERMAN	Management	Abstain	For	Against
1G.	ELECTION OF DIRECTOR: ALLAN L. SCHUMAN	Management	Abstain	For	Against

1H.	ELECTION OF DIRECTOR: STEVEN B. TANGER	Management	Abstain	For	Against
2.	TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2017.	Management	Abstain	For	Against
3.	TO APPROVE, ON A NON-BINDING BASIS, NAMED EXECUTIVE OFFICER COMPENSATION.	Management	Abstain	For	Against
4.	TO APPROVE, ON A NON-BINDING BASIS, THE FREQUENCY OF FUTURE ADVISORY VOTES ON NAMED EXECUTIVE OFFICER COMPENSATION.	Management	Abstain	1 Year	Against

WEYERHAEUSER COMPANY
Security	962166104	Meeting Type	Annual
Ticker Symbol	WY	Meeting Date	19-May-2017
ISIN	US9621661043	Agenda	934566817 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: MARK A. EMMERT	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: RICK R. HOLLEY	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: SARA GROOTWASSINK LEWIS	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: JOHN F. MORGAN, SR.	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: NICOLE W. PIASECKI	Management	Abstain	For	Against
1F.	ELECTION OF DIRECTOR: MARC F. RACICOT	Management	Abstain	For	Against
1G.	ELECTION OF DIRECTOR: LAWRENCE A. SELZER	Management	Abstain	For	Against
1H.	ELECTION OF DIRECTOR: DOYLE R. SIMONS	Management	Abstain	For	Against
1I.	ELECTION OF DIRECTOR: D. MICHAEL STEUERT	Management	Abstain	For	Against
1J.	ELECTION OF DIRECTOR: KIM WILLIAMS	Management	Abstain	For	Against
1K.	ELECTION OF DIRECTOR: CHARLES R. WILLIAMSON	Management	Abstain	For	Against
2.	APPROVAL, ON AN ADVISORY BASIS, OF THE COMPENSATION OF THE NAMED EXECUTIVE OFFICERS.	Management	Abstain	For	Against

3.	APPROVAL, ON AN ADVISORY BASIS, OF THE FREQUENCY OF FUTURE ADVISORY VOTES ON THE COMPENSATION OF THE NAMED EXECUTIVE OFFICERS.	Management	Abstain	1 Year	Against
4.	RATIFICATION OF SELECTION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	Abstain	For	Against

BOSTON PROPERTIES, INC.
Security	101121101	Meeting Type	Annual
Ticker Symbol	BXP	Meeting Date	23-May-2017
ISIN	US1011211018	Agenda	934586578 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: BRUCE W. DUNCAN	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: KAREN E. DYKSTRA	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: CAROL B. EINIGER	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: JACOB A. FRENKEL	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: JOEL I. KLEIN	Management	Abstain	For	Against
1F.	ELECTION OF DIRECTOR: DOUGLAS T. LINDE	Management	Abstain	For	Against
1G.	ELECTION OF DIRECTOR: MATTHEW J. LUSTIG	Management	Abstain	For	Against
1H.	ELECTION OF DIRECTOR: ALAN J. PATRICOF	Management	Abstain	For	Against
1I.	ELECTION OF DIRECTOR: OWEN D. THOMAS	Management	Abstain	For	Against
1J.	ELECTION OF DIRECTOR: MARTIN TURCHIN	Management	Abstain	For	Against
1K.	ELECTION OF DIRECTOR: DAVID A. TWARDOCK	Management	Abstain	For	Against
2.	TO APPROVE, BY NON-BINDING, ADVISORY RESOLUTION, THE COMPANY’S NAMED EXECUTIVE OFFICER COMPENSATION	Management	Abstain	For	Against
3.	TO APPROVE, BY NON-BINDING, ADVISORY VOTE, THE FREQUENCY OF HOLDING THE ADVISORY VOTE ON THE COMPANY’S NAMED EXECUTIVE OFFICER COMPENSATION.	Management	Abstain	1 Year	Against
4.	TO RATIFY THE AUDIT COMMITTEE’S APPOINTMENT OF (DUE TO SPACE LIMITS, SEE PROXY STATEMENT FOR FULL PROPOSAL).	Management	Abstain	For	Against

STUART OLSON INC.
Security	863834107	Meeting Type	Annual
Ticker Symbol	CUUHF	Meeting Date	23-May-2017
ISIN	CA8638341070	Agenda	934592191 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
01	TO FIX THE NUMBER OF DIRECTORS TO BE ELECTED AT THE MEETING AT EIGHT (8).	Management	Abstain	For	Against
02	DIRECTOR	Management
	1       RICHARD T. BALLANTYNE		Abstain	For	Against
	2       ALBRECHT W.A. BELLSTEDT		Abstain	For	Against
	3       CHAD DANARD		Abstain	For	Against
	4       ROD W. GRAHAM		Abstain	For	Against
	5       WENDY L. HANRAHAN		Abstain	For	Against
	6       DAVID J. LEMAY		Abstain	For	Against
	7       CARMEN R. LOBERG		Abstain	For	Against
	8       IAN M. REID		Abstain	For	Against
03	AN ORDINARY RESOLUTION TO APPOINT DELIOTTE LLP, AS THE AUDITOR OF THE CORPORATION FOR THE ENSUING YEAR AND THE AUTHORIZATION OF THE DIRECTORS TO FIX THEIR REMUNERATION AS SUCH.	Management	Abstain	For	Against

ANNALY CAPITAL MANAGEMENT, INC.
Security	035710409	Meeting Type	Annual
Ticker Symbol	NLY	Meeting Date	25-May-2017
ISIN	US0357104092	Agenda	934584500 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: FRANCINE J. BOVICH	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: JONATHAN D. GREEN	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: JOHN H. SCHAEFER	Management	Abstain	For	Against
2.	ADVISORY APPROVAL OF THE COMPANY’S EXECUTIVE COMPENSATION.	Management	Abstain	For	Against
3.	ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES TO APPROVE THE COMPANY’S EXECUTIVE COMPENSATION.	Management	Abstain	1 Year	Against
4.	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017.	Management	Abstain	For	Against

NATIONAL RETAIL PROPERTIES, INC.
Security	637417106	Meeting Type	Annual
Ticker Symbol	NNN	Meeting Date	25-May-2017
ISIN	US6374171063	Agenda	934571577 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       PAMELA K. BEALL		Abstain	For	Against
	2       STEVEN D. COSLER		Abstain	For	Against
	3       DON DEFOSSET		Abstain	For	Against
	4       DAVID M. FICK		Abstain	For	Against
	5       EDWARD J. FRITSCH		Abstain	For	Against
	6       KEVIN B. HABICHT		Abstain	For	Against
	7       ROBERT C. LEGLER		Abstain	For	Against
	8       SAM L. SUSSER		Abstain	For	Against
	9       JULIAN E. WHITEHURST		Abstain	For	Against
2.	ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION.	Management	Abstain	For	Against
3.	ADVISORY VOTE ON FREQUENCY OF HOLDING ADVISORY VOTE ON EXECUTIVE COMPENSATION.	Management	Abstain	1 Year	Against
4.	APPROVAL OF THE COMPANY’S 2017 PERFORMANCE INCENTIVE PLAN.	Management	Abstain	For	Against
5.	RATIFICATION OF THE SELECTION OF THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017.	Management	Abstain	For	Against

QUALITY CARE PROPERTIES, INC.
Security	747545101	Meeting Type	Annual
Ticker Symbol	QCP	Meeting Date	25-May-2017
ISIN	US7475451016	Agenda	934588914 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       GLENN G. COHEN		For	For	For
	2       JERRY L. DOCTROW		For	For	For
	3       PAUL J. KLAASSEN		For	For	For
	4       MARK S. ORDAN		For	For	For

	5       PHILIP R. SCHIMMEL		For	For	For
	6       KATHLEEN SMALLEY		For	For	For
	7       DONALD C. WOOD		For	For	For
2.	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS QCP’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2017.	Management	For	For	For

AMERICAN TOWER CORPORATION
Security	03027X100	Meeting Type	Annual
Ticker Symbol	AMT	Meeting Date	31-May-2017
ISIN	US03027X1000	Agenda	934590945 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: GUSTAVO LARA CANTU	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: RAYMOND P. DOLAN	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: ROBERT D. HORMATS	Management	Abstain	For	Against
1D.	ELECTION OF DIRECTOR: CRAIG MACNAB	Management	Abstain	For	Against
1E.	ELECTION OF DIRECTOR: JOANN A. REED	Management	Abstain	For	Against
1F.	ELECTION OF DIRECTOR: PAMELA D.A. REEVE	Management	Abstain	For	Against
1G.	ELECTION OF DIRECTOR: DAVID E. SHARBUTT	Management	Abstain	For	Against
1H.	ELECTION OF DIRECTOR: JAMES D. TAICLET, JR.	Management	Abstain	For	Against
1I.	ELECTION OF DIRECTOR: SAMME L. THOMPSON	Management	Abstain	For	Against
2.	TO RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017.	Management	Abstain	For	Against
3.	TO APPROVE, ON AN ADVISORY BASIS, THE COMPANY’S EXECUTIVE COMPENSATION.	Management	Abstain	For	Against
4.	TO APPROVE, ON AN ADVISORY BASIS, THE FREQUENCY WITH WHICH THE COMPANY WILL HOLD A STOCKHOLDER ADVISORY VOTE ON EXECUTIVE COMPENSATION.	Management	Abstain	1 Year	Against

DOUGLAS EMMETT, INC.
Security	25960P109	Meeting Type	Annual
Ticker Symbol	DEI	Meeting Date	01-Jun-2017
ISIN	US25960P1093	Agenda	934596365 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       DAN A. EMMETT		Abstain	For	Against
	2       JORDAN L. KAPLAN		Abstain	For	Against
	3       KENNETH M. PANZER		Abstain	For	Against
	4       CHRISTOPHER H. ANDERSON		Abstain	For	Against
	5       LESLIE E. BIDER		Abstain	For	Against
	6       DR. DAVID T. FEINBERG		Abstain	For	Against
	7       VIRGINIA A. MCFERRAN		Abstain	For	Against
	8       THOMAS E. O’HERN		Abstain	For	Against
	9       WILLIAM E. SIMON, JR.		Abstain	For	Against
2.	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017.	Management	Abstain	For	Against
3.	TO APPROVE, IN A NON-BINDING ADVISORY VOTE, OUR EXECUTIVE COMPENSATION.	Management	Abstain	For	Against
4.	TO EXPRESS PREFERENCES, IN A NON- BINDING ADVISORY VOTE, ON THE FREQUENCY OF FUTURE STOCKHOLDER ADVISORY VOTES TO APPROVE EXECUTIVE COMPENSATION.	Management	Abstain	Take No Action	For

HANNON ARMSTRONG SUSTAINABLE INFRA CAPTL
Security	41068X100	Meeting Type	Annual
Ticker Symbol	HASI	Meeting Date	01-Jun-2017
ISIN	US41068X1000	Agenda	934594448 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       JEFFREY W. ECKEL		Abstain	For	Against
	2       REBECCA A. BLALOCK		Abstain	For	Against
	3       TERESA M. BRENNER		Abstain	For	Against
	4       MARK J. CIRILLI		Abstain	For	Against
	5       CHARLES M. O’NEIL		Abstain	For	Against
	6       RICHARD J. OSBORNE		Abstain	For	Against
	7       STEVEN G. OSGOOD		Abstain	For	Against

2.	THE RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2017.	Management	Abstain	For	Against
3.	THE APPROVAL OF THE COMPENSATION OF THE NAMED EXECUTIVE OFFICERS AS DESCRIBED IN THE COMPENSATION DISCUSSION AND ANALYSIS, THE COMPENSATION TABLES AND OTHER NARRATIVE DISCLOSURE IN THIS PROXY STATEMENT.	Management	Abstain	For	Against
4.	THE FREQUENCY IN YEARS WITH WHICH STOCKHOLDERS ARE PROVIDED AN ADVISORY VOTE ON EXECUTIVE COMPENSATION, PURSUANT TO THE COMPENSATION DISCLOSURE RULES OF THE SEC.	Management	Abstain	1 Year	Against

SL GREEN REALTY CORP.
Security	78440X101	Meeting Type	Annual
Ticker Symbol	SLG	Meeting Date	01-Jun-2017
ISIN	US78440X1019	Agenda	934622831 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: BETSY ATKINS	Management	Abstain	For	Against
1B.	ELECTION OF DIRECTOR: MARC HOLLIDAY	Management	Abstain	For	Against
1C.	ELECTION OF DIRECTOR: JOHN S. LEVY	Management	Abstain	For	Against
2.	TO APPROVE, ON A NON-BINDING ADVISORY BASIS, OUR EXECUTIVE COMPENSATION.	Management	Abstain	For	Against
3.	TO APPROVE THE AMENDMENT OF OUR ARTICLES OF RESTATEMENT TO EFFECT THE DECLASSIFICATION OF OUR BOARD OF DIRECTORS.	Management	Abstain	For	Against
4.	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2017.	Management	Abstain	For	Against
5.	TO RECOMMEND, BY A NON-BINDING ADVISORY VOTE, WHETHER AN ADVISORY VOTE ON OUR EXECUTIVE COMPENSATION SHOULD BE HELD EVERY ONE, TWO OR THREE YEARS.	Management	Abstain	1 Year	Against
6.	TO CONSIDER AND ACT UPON A STOCKHOLDER PROPOSAL REGARDING SETTING TARGET AMOUNTS OF CEO COMPENSATION.	Shareholder	Abstain	Against	Against

STORE CAPITAL CORPORATION
Security	862121100	Meeting Type	Annual
Ticker Symbol	STOR	Meeting Date	01-Jun-2017
ISIN	US8621211007	Agenda	934589221 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       MORTON H. FLEISCHER		For	For	For
	2       CHRISTOPHER H. VOLK		For	For	For
	3       JOSEPH M. DONOVAN		For	For	For
	4       MARY FEDEWA		For	For	For
	5       WILLIAM F. HIPP		For	For	For
	6       EINAR A. SEADLER		For	For	For
	7       MARK N. SKLAR		For	For	For
	8       QUENTIN P. SMITH, JR.		For	For	For
2.	TO APPROVE, ON AN ADVISORY BASIS, THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS.	Management	For	For	For
3.	TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2017.	Management	For	For	For

WASHINGTON REAL ESTATE INVESTMENT TRUST
Security	939653101	Meeting Type	Annual
Ticker Symbol	WRE	Meeting Date	01-Jun-2017
ISIN	US9396531017	Agenda	934595680 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	AMENDMENT TO THE ARTICLES OF AMENDMENT AND RESTATEMENT TO DECLASSIFY THE BOARD OF TRUSTEES	Management	Abstain	For	Against
2.	AMENDMENT TO THE ARTICLES OF AMENDMENT AND RESTATEMENT TO ENABLE SHAREHOLDERS TO AMEND THE BYLAWS	Management	Abstain	For	Against
3.1	ELECTION OF TRUSTEE: BENJAMIN S. BUTCHER	Management	Abstain	For	Against

3.2	ELECTION OF TRUSTEE: EDWARD S. CIVERA	Management	Abstain	For	Against
3.3	ELECTION OF TRUSTEE: ELLEN M. GOITIA	Management	Abstain	For	Against
4.	NON-BINDING ADVISORY VOTE ON COMPENSATION OF NAMED EXECUTIVE OFFICERS (SAY-ON-PAY)	Management	Abstain	For	Against
5.	NON-BINDING ADVISORY VOTE ON FREQUENCY OF ADVISORY VOTE ON COMPENSATION OF NAMED EXECUTIVE OFFICERS	Management	Abstain	1 Year	Against
6.	PROPOSAL TO RATIFY APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017	Management	Abstain	For	Against

LOWE’S COMPANIES, INC.
Security	548661107	Meeting Type	Annual
Ticker Symbol	LOW	Meeting Date	02-Jun-2017
ISIN	US5486611073	Agenda	934594412 - Management

Item	Proposal		Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR		Management
	1       RAUL ALVAREZ			Abstain	For	Against
	2       ANGELA F. BRALY			Abstain	For	Against
	3       SANDRA B. COCHRAN			Abstain	For	Against
	4       LAURIE Z. DOUGLAS			Abstain	For	Against
	5       RICHARD W. DREILING			Abstain	For	Against
	6       ROBERT L. JOHNSON			Abstain	For	Against
	7       MARSHALL O. LARSEN			Abstain	For	Against
	8       JAMES H. MORGAN			Abstain	For	Against
	9       ROBERT A. NIBLOCK			Abstain	For	Against
	10     BERTRAM L. SCOTT			Abstain	For	Against
	11     ERIC C. WISEMAN	��		Abstain	For	Against
2.	ADVISORY VOTE TO APPROVE LOWE’S NAMED EXECUTIVE OFFICER COMPENSATION IN FISCAL 2016.		Management	Abstain	For	Against
3.	ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES TO APPROVE LOWE’S NAMED EXECUTIVE OFFICER COMPENSATION.		Management	Abstain	1 Year	Against
4.	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS LOWE’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL 2017.		Management	Abstain	For	Against
5.	PROPOSAL REGARDING THE FEASIBILITY OF SETTING RENEWABLE ENERGY SOURCING TARGETS.		Shareholder	Abstain	Against	Against

LADDER CAPITAL CORP
Security	505743104	Meeting Type	Annual
Ticker Symbol	LADR	Meeting Date	06-Jun-2017
ISIN	US5057431042	Agenda	934601560 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       BRIAN HARRIS		For	For	For
	2       MARK ALEXANDER		For	For	For
2.	TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017.	Management	For	For	For

DUPONT FABROS TECHNOLOGY, INC.
Security	26613Q106	Meeting Type	Annual
Ticker Symbol	DFT	Meeting Date	12-Jun-2017
ISIN	US26613Q1067	Agenda	934596101 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       MICHAEL A. COKE		Abstain	For	Against
	2       LAMMOT J. DU PONT		Abstain	For	Against
	3       THOMAS D. ECKERT		Abstain	For	Against
	4       CHRISTOPHER P. ELDREDGE		Abstain	For	Against
	5       FREDERIC V. MALEK		Abstain	For	Against
	6       JOHN T. ROBERTS, JR.		Abstain	For	Against
	7       MARY M. STYER		Abstain	For	Against
	8       JOHN H. TOOLE		Abstain	For	Against
2.	VOTE ON AN AMENDMENT TO THE ARTICLES OF INCORPORATION TO ALLOW STOCKHOLDERS TO AMEND THE BYLAWS.	Management	Abstain	For	Against
3.	VOTE TO APPROVE THE AMENDMENT AND RESTATEMENT OF THE 2011 EQUITY INCENTIVE PLAN.	Management	Abstain	For	Against
4.	ADVISORY VOTE ON EXECUTIVE COMPENSATION (SAY-ON-PAY VOTE).	Management	Abstain	For	Against
5.	ADVISORY VOTE ON THE FREQUENCY OF SAY-ON PAY VOTES.	Management	Abstain	1 Year	Against
6.	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017.	Management	Abstain	For	Against

W. P. CAREY INC.
Security	92936U109	Meeting Type	Annual
Ticker Symbol	WPC	Meeting Date	15-Jun-2017
ISIN	US92936U1097	Agenda	934596656 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1A.	ELECTION OF DIRECTOR: MARK A. ALEXANDER	Management	For	For	For
1B.	ELECTION OF DIRECTOR: MARK J. DECESARIS	Management	For	For	For
1C.	ELECTION OF DIRECTOR: PETER J. FARRELL	Management	For	For	For
1D.	ELECTION OF DIRECTOR: BENJAMIN H. GRISWOLD, IV	Management	For	For	For
1E.	ELECTION OF DIRECTOR: AXEL K.A. HANSING	Management	For	For	For
1F.	ELECTION OF DIRECTOR: JEAN HOYSRADT	Management	For	For	For
1G.	ELECTION OF DIRECTOR: DR. RICHARD C. MARSTON	Management	For	For	For
1H.	ELECTION OF DIRECTOR: CHRISTOPHER J. NIEHAUS	Management	For	For	For
1I.	ELECTION OF DIRECTOR: NICK J.M. VAN OMMEN	Management	For	For	For
2.	TO APPROVE THE ADVISORY RESOLUTION ON EXECUTIVE COMPENSATION.	Management	For	For	For
3.	TO APPROVE THE COMPANY’S CASH INCENTIVE PLAN.	Management	For	For	For
4.	TO APPROVE THE COMPANY’S 2017 SHARE INCENTIVE PLAN.	Management	For	For	For
5.	TO APPROVE A CHARTER AMENDMENT TO PROVIDE SHAREHOLDERS WITH THE CONCURRENT POWER TO AMEND THE COMPANY’S BYLAWS.	Management	For	For	For
6.	TO APPROVE A CHARTER AMENDMENT TO INCREASE THE COMPANY’S OWNERSHIP LIMITATIONS.	Management	For	For	For
7.	RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017.	Management	For	For	For

IRSA INVERSIONES Y REPRESENTACIONES S.A.
Security	450047204	Meeting Type	Special
Ticker Symbol	IRS	Meeting Date	26-Jun-2017
ISIN	US4500472042	Agenda	934650486 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	APPOINTMENT OF TWO SHAREHOLDERS TO SIGN THE MEETING’S MINUTES.	Management	For	For	For
2.	IN LIGHT OF THE CAPITAL INCREASE LAUNCHED BY OUR CONTROLLED COMPANY IRSA PROPIEDADES COMERCIALES S.A. (“IRSA PC”), CONTINGENT ON WHAT IS RESOLVED UPON BY ITS SHAREHOLDERS’ MEETING SCHEDULED FOR JUNE 26, 2017, CONSIDERATION OF PROCEDURE TO BE FOLLOWED BY THE COMPANY REGARDING ITS PREEMPTIVE SUBSCRIPTION AND ACCRETION RIGHTS, SO AS TO FACILITATE SUCH CAPITAL INCREASE. COURSES OF ACTION TO BE CONSIDERED FOR DISPOSAL, FULL AND/OR PARTIAL ASSIGNMENT OR (DUE TO SPACE LIMITS, SEE PROXY MATERIAL FOR FULL PROPOSAL).	Management	For	For	For
3.	AUTHORIZATION FOR THE SALE OF BOOK-ENTRY SHARES OF $1 PAR VALUE EACH, ENTITLED TO ONE VOTE PER SHARE, AND ENTITLED TO RECEIVE DIVIDENDS, OF IRSA PROPIEDADES COMERCIALES S.A., IN ONE OR MORE TRANCHES, IN THE OVER-THE-COUNTER MARKET AND/OR BY MEANS OF A PRIVATE SALE, BASED ON MARKET INTEREST, IN THE EVENT THAT SUCH SALE FALLS WITHIN THE EVENT CONTEMPLATED IN PARAGRAPH A, SECTION 71 OF LAW 26,831, AND BECOMES POTENTIALLY SUBSTANTIAL.	Management	For	For	For

4. DELEGATION OF POWER FOR THE BOARD TO SELL SHARES OF IRSA PROPIEDADES COMERCIALES S.A., IN ONE OR MORE TRANCHES, AND DELEGATION OF POWER FOR THE BOARD TO DETERMINE THE FINAL AMOUNT, PRICE AND REMAINING TERMS AND CONDITIONS FOR EXECUTING SUCH SALE(S), INCLUDING POWERS TO SUB-DELEGATE SUCH AUTHORITY TO ONE OR MORE OF THE COMPANY’S DIRECTORS OR MANAGERS OR SUCH PERSONS AS AUTHORIZED BY THE BOARD OF DIRECTORS, PURSUANT TO THE APPLICABLE LAWS, WITHOUT LIMITATION, WITH THE BROADEST POWERS TO (DUE TO SPACE LIMITS, SEE PROXY MATERIAL FOR FULL PROPOSAL). Management For For For

IRSA PROPIEDADES COMERCIALES S A
Security	463588103	Meeting Type	Special
Ticker Symbol	IRCP	Meeting Date	26-Jun-2017
ISIN	US4635881034	Agenda	934648671 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	APPOINTMENT OF TWO SHAREHOLDERS TO APPROVE AND SIGN THE MEETING’S MINUTES.	Management	For	For	For
2.	INCREASE OF CAPITAL STOCK UP TO $22,222,220 PAR VALUE, BY ISSUING UP TO 22,222,220 COMMON, BOOK-ENTRY SHARES OF $1 PAR VALUE EACH, ENTITLED TO ONE VOTE PER SHARE, EQUIVALENT TO 17.63% OF THE CURRENT STOCK CAPITAL, ENTITLED TO RECEIVE DIVIDENDS FROM THEIR SUBSCRIPTION DATE, RANKING PARI PASSU WITH THE SHARES OUTSTANDING AS OF THE MOMENT OF ISSUANCE, WITH ISSUE PREMIUM, TO BE PUBLICLY OFFERED IN THE CAPITAL MARKETS OF ARGENTINA AND ABROAD, TO BE PAID IN (A) IN KIND; AND/OR (B) IN (DUE TO SPACE LIMITS, SEE PROXY MATERIAL FOR FULL PROPOSAL).	Management	For	For	For

3.	REDUCTION OF THE TERM FOR EXERCISING PREEMPTIVE SUBSCRIPTION AND ACCRETION RIGHTS TO 10 (TEN) DAYS PURSUANT TO SECTION 194 OF THE GENERAL COMPANIES LAW NO. 19,550, AS AMENDED.	Management	For	For	For
4.	DELEGATION TO THE BOARD OF DIRECTORS OF THE POWER TO ESTABLISH ALL SUCH ISSUE TERMS AND CONDITIONS AS ARE NOT EXPRESSLY DETERMINED BY THE SHAREHOLDERS’ MEETING, INCLUDING THE POWER TO SUB-DELEGATE SUCH POWERS ON ONE OR MORE COMPANY DIRECTORS OR MANAGERS OR THE PERSONS THEREBY AUTHORIZED, PURSUANT TO APPLICABLE LAWS, INCLUDING, WITHOUT LIMITATION: (I) THE DETERMINATION OF THE AMOUNT, TIME, MANNER, ISSUE PREMIUM, SUBSCRIPTION PRICE, PAYMENT CONDITIONS AND REMAINING TERMS AND (DUE TO SPACE LIMITS, SEE PROXY MATERIAL FOR FULL PROPOSAL).	Management	For	For	For
5.	APPROVAL OF IMPLEMENTATION OF NEW INCENTIVE PLAN COMPRISING UP TO 4,444,444 SHARES OF THE COMPANY FOR THE COMPANY’S MANAGEMENT EMPLOYEES AND DIRECTORS, DELEGATION OF POWERS TO THE BOARD FOR PURPOSES OF ITS IMPLEMENTATION, ALLOCATION, TIME AND METHOD OF EXECUTION. AUTHORIZATION TO USE PART OF THE NEW SHARES TO BE ISSUED AS A RESULT OF THE CAPITAL INCREASE AND ALLOCATE THEM TO THE ABOVE MENTIONED PLAN, PURSUANT TO SECTION 68 OF LAW 26,831.	Management	For	For	For

PEBBLEBROOK HOTEL TRUST
Security	70509V100	Meeting Type	Annual
Ticker Symbol	PEB	Meeting Date	30-Jun-2017
ISIN	US70509V1008	Agenda	934611256 - Management

Item	Proposal	Proposed by	Vote	Management Recommendation	For/Against Management
1.	DIRECTOR	Management
	1       JON E. BORTZ		Abstain	For	Against
	2       CYDNEY C. DONNELL		Abstain	For	Against

	3       RON E. JACKSON		Abstain	For	Against
	4       PHILLIP M. MILLER		Abstain	For	Against
	5       MICHAEL J. SCHALL		Abstain	For	Against
	6       EARL E. WEBB		Abstain	For	Against
	7       LAURA H. WRIGHT		Abstain	For	Against
2.	RATIFICATION OF THE APPOINTMENT OF KPMG LLP TO SERVE AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR THE YEAR ENDING DECEMBER 31, 2017.	Management	Abstain	For	Against
3.	APPROVAL, BY ADVISORY AND NON- BINDING VOTE, OF OUR NAMED EXECUTIVE OFFICERS’ COMPENSATION (“SAY-ON-PAY”).	Management	Abstain	For	Against
4.	NON-BINDING SHAREHOLDER PROPOSAL FROM THE UNION TO ADOPT A MAJORITY VOTING STANDARD IN UNCONTESTED ELECTIONS OF TRUSTEES.	Management	Abstain	For	Against
5.	RECOMMENDATION, BY NON-BINDING VOTE, ON FREQUENCY OF CONDUCTING SAY-ON-PAY VOTES (“SAY-WHEN-ON-PAY”).	Management	Abstain	1 Year	Against

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.

Commonwealth International Series Trust

By:	/s/ Robert W. Scharar
	Robert Scharar, President

Date:        August 24, 2017