UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-06094
Aberdeen Latin America Equity Fund, Inc.
(Exact name of registrant as specified in charter)
1735 Market Street, 32nd Floor
Philadelphia, PA 19103
(Address of principal executive offices) (Zip code)
Lucia Sitar, Esq.
c/o Aberdeen Asset Management Inc
1735 Market Street, 32nd Floor
Philadelphia, PA 19103
(Name and address of agent for service)
Registrant’s telephone number, including area code: (866) 839-5205
Date of fiscal year end: December 31st
Date of reporting period: July 1, 2012 – June 30, 2013
Item 1. Proxy Voting Record
PROXY VOTING RECORD
FOR PERIOD JULY 1, 2012 TO JUNE 30, 2013
Shares Voted |
| Company Name |
| Ticker |
| CUSIP |
| Meeting Date |
| Record Date |
| Meeting |
| Ballot |
| Shares |
| Item |
| Proposal |
| Proponent |
| Management |
| Vote |
| User Notes |
484,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 12-Jul-12 |
| 25-Jun-12 |
| Special |
| Confirmed |
| 484,000 |
| 1 |
| Approve Acquisition of Temmar - Terminal Maritimo do Maranhao S.A. |
| Management |
| For |
| For |
|
|
460,097 |
| Multiplan Empreendimentos Imobiliarios S.A |
| MULT3 |
| P69913104 |
| 14-Aug-12 |
|
|
| Special |
| Confirmed |
| 460,097 |
| 1 |
| Elect Director |
| Management |
| For |
| Abstain |
| Although we have no issues with the proposed candidate, we would rather have an independent member instead given the low level of independent representation on their board (only 1 out of 7). |
592,000 |
| SONDA S.A. |
| SONDA |
| P87262104 |
| 30-Aug-12 |
|
|
| Special |
| Confirmed |
| 592,000 |
| 1 |
| Authorize Increase in Capital in the Amount of CLP 150 Billion via Share Issuance or Amount Approved by General Meeting |
| Management |
| For |
| For |
|
|
592,000 |
| SONDA S.A. |
| SONDA |
| P87262104 |
| 30-Aug-12 |
|
|
| Special |
| Confirmed |
| 592,000 |
| 2 |
| Amend Articles to Reflect Changes in Capital |
| Management |
| For |
| For |
|
|
592,000 |
| SONDA S.A. |
| SONDA |
| P87262104 |
| 30-Aug-12 |
|
|
| Special |
| Confirmed |
| 592,000 |
| 3 |
| Adopt All Necessary Agreements to Execute Approved Resolutions |
| Management |
| For |
| For |
|
|
23,143 |
| LATAM Airlines Group SA |
| LAN |
| P61894104 |
| 04-Sep-12 |
| 29-Aug-12 |
| Special |
| Confirmed |
| 23,143 |
| 1 |
| Revoke Board of Directors |
| Management |
| For |
| For |
|
|
23,143 |
| LATAM Airlines Group SA |
| LAN |
| P61894104 |
| 04-Sep-12 |
| 29-Aug-12 |
| Special |
| Confirmed |
| 23,143 |
| 2 |
| Elect Directors |
| Management |
| For |
| For |
|
|
23,143 |
| LATAM Airlines Group SA |
| LAN |
| P61894104 |
| 04-Sep-12 |
| 29-Aug-12 |
| Special |
| Confirmed |
| 23,143 |
| 3 |
| Authorize Allocation of 7.44 Million Shares with Preemptive Rights |
| Management |
| For |
| For |
|
|
23,143 |
| LATAM Airlines Group SA |
| LAN |
| P61894104 |
| 04-Sep-12 |
| 29-Aug-12 |
| Special |
| Confirmed |
| 23,143 |
| 4 |
| Authorize Board to Determine Issue Price and Conditions of 7.44 Million Shares |
| Management |
| For |
| For |
|
|
23,143 |
| LATAM Airlines Group SA |
| LAN |
| P61894104 |
| 04-Sep-12 |
| 29-Aug-12 |
| Special |
| Confirmed |
| 23,143 |
| 5 |
| Authorize Board to Determine Issue Price of 4.8 Million Shares for Stock Option Plan |
| Management |
| For |
| Abstain |
| The company asks approval to set the price of the stock option program approved in Dec. 2011 or delegate to the board this task. ISS recommended to vote against. The mgmt of the company provided more information by e-mail with regards to the proposed features of the plan. Vesting period/ dilution and methodology of price setting (with no discount) looks reasonable. However the freedom to set the final price and details of the plan by the board with no clear parameters / limits still doesn’t seem ideal and disable us from accessing the final impact from the decision. |
23,143 |
| LATAM Airlines Group SA |
| LAN |
| P61894104 |
| 04-Sep-12 |
| 29-Aug-12 |
| Special |
| Confirmed |
| 23,143 |
| 6 |
| Adopt All Necessary Agreements to Execute Approved Resolutions |
| Management |
| For |
| For |
|
|
2,262,000 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 11-Oct-12 |
| 28-Sep-12 |
| Special |
| Confirmed |
| 2,262,000 |
| 1 |
| Approve Cash Dividends of MXN 0.183 Per Share |
| Management |
| For |
| For |
|
|
2,262,000 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 11-Oct-12 |
| 28-Sep-12 |
| Special |
| Confirmed |
| 2,262,000 |
| 2 |
| Present External Auditor’s Report on Fiscal Obligations |
| Management |
|
|
|
|
|
|
2,262,000 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 11-Oct-12 |
| 28-Sep-12 |
| Special |
| Confirmed |
| 2,262,000 |
| 3 |
| Designate Inspector or Shareholder Representative(s) of Minutes of Meeting |
| Management |
| For |
| For |
|
|
2,262,000 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 11-Oct-12 |
| 28-Sep-12 |
| Special |
| Confirmed |
| 2,262,000 |
| 4 |
| Approve Minutes of Meeting |
| Management |
| For |
| For |
|
|
11,421,376 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 17-Oct-12 |
| 10-Oct-12 |
| Special |
| Confirmed |
| 11,421,376 |
| 1 |
| Authorize Increase in Capital in the Amount of CLP 250 Billion via Share Issuance; Amend Article 5 to Reflect Changes in Capital; Adopt All Necessary Agreements to Execute Approved Resolutions |
| Management |
| For |
| For |
|
|
286,000 |
| Amil Participacoes S.A. |
| AMIL3 |
| P0R997100 |
| 14-Nov-12 |
|
|
| Special |
| Rejected |
| 286,000 |
| 1a |
| Appoint Goldman Sachs do Brasil Banco Multiplo S.A. to Prepare Valuation Report for Tender Offer |
| Management |
| For |
| For |
|
|
286,000 |
| Amil Participacoes S.A. |
| AMIL3 |
| P0R997100 |
| 14-Nov-12 |
|
|
| Special |
| Rejected |
| 286,000 |
| 1b |
| Appoint UBS Brasil Servicos de Assessoria Financeira Ltda to Prepare Valuation Report for Tender Offer |
| Management |
| For |
| Do Not Vote |
| Appoint UBS to prepare the valuation report. GS seems a proffered option given the rationale provided on 1a. In line with ISS recommendation. |
286,000 |
| Amil Participacoes S.A. |
| AMIL3 |
| P0R997100 |
| 14-Nov-12 |
|
|
| Special |
| Rejected |
| 286,000 |
| 1c |
| Appoint Deutsche Bank S.A. - Banco Alemao to Prepare Valuation Report for Tender Offer |
| Management |
| For |
| Against |
| Appoint Deutsche to prepare the valuation report - GS seems a proffered option given the rationale provided on 1a. In line with ISS recommendation.In line with ISS recommendation. |
286,000 |
| Amil Participacoes S.A. |
| AMIL3 |
| P0R997100 |
| 14-Nov-12 |
|
|
| Special |
| Rejected |
| 286,000 |
| 2 |
| Approve Increase in Board Size and Elect Board Members |
| Management |
| For |
| Abstain |
| Approve the increase of the board size and election of new members suggested by UH. Bundled resolution and % of independent members likely to remain below best practices at 20%. |
286,000 |
| Amil Participacoes S.A. |
| AMIL3 |
| P0R997100 |
| 14-Nov-12 |
|
|
| Special |
| Rejected |
| 286,000 |
| 3 |
| Amend Article 42 |
| Management |
| For |
| For |
|
|
286,000 |
| Amil Participacoes S.A. |
| AMIL3 |
| P0R997100 |
| 14-Nov-12 |
|
|
| Special |
| Rejected |
| 286,000 |
| 4 |
| Amend Articles 11, 12, 14, 15, 16, 17, and 18 |
| Management |
| For |
| Abstain |
| Amendment articles 11 to 18 of the company bylaws. Mostly re-phrasing of the company bylaws suggested by UH to clarify a few topics. Only controversial amendment is the article 14 which gives slightly more freedom to the board to increase the size of the board above the 10 members limit. Although not ideal to give such flexibility to the board the amended article still states that shareholder approval is required in order to increase the size of the board so fine to Abstain. |
379,097 |
| Multiplan Empreendimentos Imobiliarios S.A |
| MULT3 |
| P69913104 |
| 23-Nov-12 |
|
|
| Special |
| Rejected |
| 379,097 |
| 1 |
| Amend Articles Re: Nivel 2 Regulations |
| Management |
| For |
| For |
|
|
379,097 |
| Multiplan Empreendimentos Imobiliarios S.A |
| MULT3 |
| P69913104 |
| 23-Nov-12 |
|
|
| Special |
| Rejected |
| 379,097 |
| 2 |
| Consolidate Bylaws |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 29-Nov-12 |
|
|
| Special |
| Rejected |
| 150,000 |
| 1 |
| Approve Agreement to Absorb Gens Tecnologia da Informacao Ltda.; YMF Arquitetura Financeira de Negocios Ltda.; TOOLS Arquitetura Financeira de Negocios Ltda.; Hery Participacoes Ltda.; and TOTALBANCO Consultoria e Sistemas Ltda. |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 29-Nov-12 |
|
|
| Special |
| Rejected |
| 150,000 |
| 1 |
| Approve Bonus Matching Plan |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 29-Nov-12 |
|
|
| Special |
| Rejected |
| 150,000 |
| 2 |
| Appoint Independent Appraisers of Proposed Transactions |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 29-Nov-12 |
|
|
| Special |
| Rejected |
| 150,000 |
| 2 |
| Amend Articles to Reflect Changes in Capital |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 29-Nov-12 |
|
|
| Special |
| Rejected |
| 150,000 |
| 3 |
| Approve Independent Appraisals |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 29-Nov-12 |
|
|
| Special |
| Rejected |
| 150,000 |
| 3 |
| Amend Corporate Purpose |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 29-Nov-12 |
|
|
| Special |
| Rejected |
| 150,000 |
| 4 |
| Approve Absorptions |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 29-Nov-12 |
|
|
| Special |
| Rejected |
| 150,000 |
| 4 |
| Amend Articles 21 and 24 |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 29-Nov-12 |
|
|
| Special |
| Rejected |
| 150,000 |
| 5 |
| Consolidate Bylaws |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 29-Nov-12 |
|
|
| Special |
| Rejected |
| 150,000 |
| 5 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| Management |
| For |
| For |
|
|
235,368 |
| BRF - Brasil Foods SA |
| BRFS3 |
| P1905C100 |
| 18-Dec-12 |
|
|
| Special |
| Rejected |
| 235,368 |
| 1 |
| Appoint Independent Firm to Appraise Proposed Absorptions |
| Management |
| For |
| For |
|
|
235,368 |
| BRF - Brasil Foods SA |
| BRFS3 |
| P1905C100 |
| 18-Dec-12 |
|
|
| Special |
| Rejected |
| 235,368 |
| 2 |
| Approve Independent Firm’s Appraisal |
| Management |
| For |
| For |
|
|
235,368 |
| BRF - Brasil Foods SA |
| BRFS3 |
| P1905C100 |
| 18-Dec-12 |
|
|
| Special |
| Rejected |
| 235,368 |
| 3 |
| Approve Agreement to Absorb Sadia S.A. and Heloisa Industria e Comercio de Produtos Lacteos Ltda. |
| Management |
| For |
| For |
|
|
235,368 |
| BRF - Brasil Foods SA |
| BRFS3 |
| P1905C100 |
| 18-Dec-12 |
|
|
| Special |
| Rejected |
| 235,368 |
| 4 |
| Amend Articles |
| Management |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 20-Dec-12 |
| 14-Dec-12 |
| Special |
| Confirmed |
| 3,780,000 |
| 1 |
| Approve Transaction with Related Party |
| Management |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 20-Dec-12 |
| 14-Dec-12 |
| Special |
| Confirmed |
| 3,780,000 |
| 2 |
| Approve Increase in Capital via Share Issuance |
| Management |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 20-Dec-12 |
| 14-Dec-12 |
| Special |
| Confirmed |
| 3,780,000 |
| 3 |
| Approve Non-Monetary Contributions that May Be Capitalized in Connection with Company’s Capital Increase |
| Management |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 20-Dec-12 |
| 14-Dec-12 |
| Special |
| Confirmed |
| 3,780,000 |
| 4 |
| Authorize Board to Set Issue Price in Connection with Company’s Capital Increase |
| Management |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 20-Dec-12 |
| 14-Dec-12 |
| Special |
| Confirmed |
| 3,780,000 |
| 5 |
| Approve Share Subscription Offer to be Made in the First Instance Within Preemptive Subscription Period and the Remaining Shares not Subscribed Within that Period to be Offered in a Remaining Subscription Period |
| Management |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 20-Dec-12 |
| 14-Dec-12 |
| Special |
| Confirmed |
| 3,780,000 |
| 6 |
| Approve that All Share Subscription Contracts are Subject to Fulfillment of a Conditional Clause |
| Management |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 20-Dec-12 |
| 14-Dec-12 |
| Special |
| Confirmed |
| 3,780,000 |
| 7 |
| Approve Use of Funds Raised from Capital Increase |
| Management |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 20-Dec-12 |
| 14-Dec-12 |
| Special |
| Confirmed |
| 3,780,000 |
| 8 |
| Amend Article 5 and Transitory Article 2 to Reflect Changes in Capital |
| Management |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 20-Dec-12 |
| 14-Dec-12 |
| Special |
| Confirmed |
| 3,780,000 |
| 9 |
| Adopt All Necessary Agreements to Implement Capital Increase |
| Management |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 20-Dec-12 |
| 14-Dec-12 |
| Special |
| Confirmed |
| 3,780,000 |
| 10 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| Management |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 20-Dec-12 |
| 14-Dec-12 |
| Special |
| Confirmed |
| 3,780,000 |
| 11 |
| Ratify Third Risk Assessment Company |
| Management |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 20-Dec-12 |
| 14-Dec-12 |
| Special |
| Confirmed |
| 3,780,000 |
| 12.1 |
| Request from Public Company Accounting Oversight Board (PCAOB) to Company’s External Auditors, Ernst & Young |
| Management |
|
|
|
|
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 20-Dec-12 |
| 14-Dec-12 |
| Special |
| Confirmed |
| 3,780,000 |
| 12.2 |
| Receive Special Auditors’ Report Regarding Related-Party Transactions |
| Management |
|
|
|
|
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 03-Jan-13 |
|
|
| Special |
| Confirmed |
| 150,000 |
| 1 |
| Amend Articles to Reflect Changes in Capital |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 03-Jan-13 |
|
|
| Special |
| Confirmed |
| 150,000 |
| 2 |
| Amend Corporate Purpose |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 03-Jan-13 |
|
|
| Special |
| Confirmed |
| 150,000 |
| 3 |
| Amend Article 17 |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 03-Jan-13 |
|
|
| Special |
| Confirmed |
| 150,000 |
| 4 |
| Amend Articles 21 and 24 |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 03-Jan-13 |
|
|
| Special |
| Confirmed |
| 150,000 |
| 5 |
| Exclude Articles 59, 60, and 61 and Renumber Articles Accordingly |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 03-Jan-13 |
|
|
| Special |
| Confirmed |
| 150,000 |
| 6 |
| Add Article 60 |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 03-Jan-13 |
|
|
| Special |
| Confirmed |
| 150,000 |
| 7 |
| Consolidate Bylaws |
| Management |
| For |
| For |
|
|
2,077,000 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 22-Jan-13 |
| 09-Jan-13 |
| Special |
| Confirmed |
| 2,077,000 |
| 1 |
| Amend Article 2 of Bylaws |
| Management |
| For |
| For |
|
|
2,077,000 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 22-Jan-13 |
| 09-Jan-13 |
| Special |
| Confirmed |
| 2,077,000 |
| 1 |
| Approve Cash Dividends of MXN 0.549 Per Share |
| Management |
| For |
| For |
|
|
2,077,000 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 22-Jan-13 |
| 09-Jan-13 |
| Special |
| Confirmed |
| 2,077,000 |
| 2 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| Management |
| For |
| For |
|
|
2,077,000 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 22-Jan-13 |
| 09-Jan-13 |
| Special |
| Confirmed |
| 2,077,000 |
| 2 |
| Approve Modifications of Shared Responsibility Agreement |
| Management |
| For |
| For |
|
|
2,077,000 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 22-Jan-13 |
| 09-Jan-13 |
| Special |
| Confirmed |
| 2,077,000 |
| 3 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| Management |
| For |
| For |
|
|
2,077,000 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 22-Jan-13 |
| 09-Jan-13 |
| Special |
| Confirmed |
| 2,077,000 |
| 3 |
| Approve Minutes of Meeting |
| Management |
| For |
| For |
|
|
2,077,000 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 22-Jan-13 |
| 09-Jan-13 |
| Special |
| Confirmed |
| 2,077,000 |
| 4 |
| Approve Minutes of Meeting |
| Management |
| For |
| For |
|
|
298,570 |
| Empresas CMPC SA |
| CMPC |
| P3712V107 |
| 24-Jan-13 |
| 18-Jan-13 |
| Special |
| Confirmed |
| 298,570 |
| 1 |
| Approve Increase in Capital Up to a Maximum of $ 750 Million |
| Management |
| For |
| For |
|
|
298,570 |
| Empresas CMPC SA |
| CMPC |
| P3712V107 |
| 24-Jan-13 |
| 18-Jan-13 |
| Special |
| Confirmed |
| 298,570 |
| 2 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| Management |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 04-Mar-13 |
|
|
| Annual |
| Confirmed |
| 268,000 |
| 1 |
| Open Meeting/Verify Quorum |
| Management |
|
|
|
|
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 04-Mar-13 |
|
|
| Annual |
| Confirmed |
| 268,000 |
| 2 |
| Approve Meeting Agenda/Notice |
| Management |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 04-Mar-13 |
|
|
| Annual |
| Confirmed |
| 268,000 |
| 3 |
| Elect Meeting Approval Committee |
| Management |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 04-Mar-13 |
|
|
| Annual |
| Confirmed |
| 268,000 |
| 4 |
| Approve Board and Chairman Reports |
| Management |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 04-Mar-13 |
|
|
| Annual |
| Confirmed |
| 268,000 |
| 5 |
| Present Individual and Consolidated Financial Statements |
| Management |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 04-Mar-13 |
|
|
| Annual |
| Confirmed |
| 268,000 |
| 6 |
| Accept External Auditor’s Report |
| Management |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 04-Mar-13 |
|
|
| Annual |
| Confirmed |
| 268,000 |
| 7 |
| Approve Financial Statements and Management Report |
| Management |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 04-Mar-13 |
|
|
| Annual |
| Confirmed |
| 268,000 |
| 8 |
| Approve Allocation of Income |
| Management |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 04-Mar-13 |
|
|
| Annual |
| Confirmed |
| 268,000 |
| 9 |
| Approve Issuance of Preferred Shares Without Voting Rights |
| Management |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 04-Mar-13 |
|
|
| Annual |
| Confirmed |
| 268,000 |
| 10 |
| Elect Directors for Period 2013-2015 |
| Management |
| For |
| Abstain |
| Name of the candidates and bio was not disclosed to shareholders ahead of the meeting, so investors voting via proxy are not able to make an informed decision. Also a bundled resolution. |
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 04-Mar-13 |
|
|
| Annual |
| Confirmed |
| 268,000 |
| 11 |
| Elect Financial Consumer Representative and Alternate |
| Management |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 04-Mar-13 |
|
|
| Annual |
| Confirmed |
| 268,000 |
| 12 |
| Approve Remuneration of Directors |
| Management |
| For |
| Abstain |
| As usual in Colombia no disclosure was given ahead of the meeting. |
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 04-Mar-13 |
|
|
| Annual |
| Confirmed |
| 268,000 |
| 13 |
| Authorize Board to Fix Remuneration of Auditor |
| Management |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 04-Mar-13 |
|
|
| Annual |
| Confirmed |
| 268,000 |
| 14 |
| Approve Donations |
| Management |
| For |
| Against |
| No disclosure is given so it is not possible to assess the impact of the proposal. |
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 04-Mar-13 |
|
|
| Annual |
| Confirmed |
| 268,000 |
| 15 |
| Other Business (Voting) |
| Management |
| For |
| Against |
| As required by Colombian regulators this is an open item on the agenda for potential discussions that may be raised during the meeting. Investors voting via proxy are not able to analyse the impacts of the proposals. |
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 05-Mar-13 |
|
|
| Annual |
| Confirmed |
| 150,000 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 05-Mar-13 |
|
|
| Annual |
| Confirmed |
| 150,000 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 05-Mar-13 |
|
|
| Annual |
| Confirmed |
| 150,000 |
| 3 |
| Elect Director |
| Management |
| For |
| For |
|
|
150,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 05-Mar-13 |
|
|
| Annual |
| Confirmed |
| 150,000 |
| 4 |
| Approve Remuneration of Executive Officers and Non-Executive Directors |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Special |
| Confirmed |
| 1,457,246 |
| 1 |
| Authorize Capitalization of Reserves for Bonus Issue |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Special |
| Confirmed |
| 1,457,246 |
| 2 |
| Amend Articles 6, 7, 12, 18, 19, 21, 22, 24, and 25 |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Annual |
| Confirmed |
| 1,457,246 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Annual |
| Confirmed |
| 1,457,246 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Annual |
| Confirmed |
| 1,457,246 |
| 3.1 |
| Elect Lazaro de Mello Brandao as Director |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Annual |
| Confirmed |
| 1,457,246 |
| 3.2 |
| Elect Antonio Bornia as Director |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Annual |
| Confirmed |
| 1,457,246 |
| 3.3 |
| Elect Mario Silveira Teixeira Junior as Director |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Annual |
| Confirmed |
| 1,457,246 |
| 3.4 |
| Elect Joao Aguiar Alvarez as Director |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Annual |
| Confirmed |
| 1,457,246 |
| 3.5 |
| Elect Denise Aguiar Alvarez as Director |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Annual |
| Confirmed |
| 1,457,246 |
| 3.6 |
| Elect Luiz Carlos Trabucco Cappi as Director |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Annual |
| Confirmed |
| 1,457,246 |
| 3.7 |
| Elect Carlos Alberto Rodrigues Guilherme as Director |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Annual |
| Confirmed |
| 1,457,246 |
| 3.8 |
| Elect Milton Matsumoto as Director |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Annual |
| Confirmed |
| 1,457,246 |
| 3.9 |
| Elect All Directors Presented under Items 3.1-3.8 |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Annual |
| Confirmed |
| 1,457,246 |
| 4.1 |
| Elect Nelson Lopes de Oliveira as Fiscal Council Member |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Annual |
| Confirmed |
| 1,457,246 |
| 4.2 |
| Elect Joao Carlos de Oliveira as Fiscal Council Member |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Annual |
| Confirmed |
| 1,457,246 |
| 4.3 |
| Elect Jorge Tadeu Pinto de Figueiredo as Alternate Fiscal Council Member |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Annual |
| Confirmed |
| 1,457,246 |
| 4.4 |
| Elect Renaud Roberto Teixeira as Alternate Fiscal Council Member |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Annual |
| Confirmed |
| 1,457,246 |
| 4.5 |
| Elect All Fiscal Council Members Presented under Items 4.1-4.4 |
| Management |
| For |
| For |
|
|
1,457,246 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 11-Mar-13 |
|
|
| Annual |
| Confirmed |
| 1,457,246 |
| 5 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| Against |
| R$250m in pension benefits is same as proposed last year however the company failed to comply with CVM rules to disclose the amount of highest paid executive and board member and we should support CVM in their efforts. Also, Bradesco’s disclosure is fairly opaque as they include near 100 individuals which prevent shareholders from having a transparent view of the compensation of top executives. |
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Special |
| Confirmed |
| 1,870,000 |
| 1 |
| Consolidate Bylaws |
| Management |
| For |
| Against |
| The details disclosed by the company are insufficient. The rationale given for the amendment in by-laws is “ a change in the bylaws is being proposed, which purpose is to enable greater efficiency in the operations of the business”. |
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Special |
| Confirmed |
| 1,870,000 |
| 2 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| Management |
| For |
| Against |
| Voting against the approval of approved resolutions by the board. |
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Annual |
| Confirmed |
| 1,870,000 |
| 1 |
| Accept Board of Directors Report |
| Management |
| For |
| For |
|
|
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Annual |
| Confirmed |
| 1,870,000 |
| 2 |
| Accept CEO’s Report |
| Management |
| For |
| For |
|
|
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Annual |
| Confirmed |
| 1,870,000 |
| 3 |
| Accept Report of Audit and Corporate Governance Committees |
| Management |
| For |
| For |
|
|
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Annual |
| Confirmed |
| 1,870,000 |
| 4 |
| Approve Financial Statements for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Annual |
| Confirmed |
| 1,870,000 |
| 5 |
| Approve Allocation of Income for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Annual |
| Confirmed |
| 1,870,000 |
| 6 |
| Approve Ordinary Dividend of MXN 0.46 Per Share and Extraordinary Dividends of MXN 0.29 and MXN 0.17 per Share |
| Management |
| For |
| For |
|
|
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Annual |
| Confirmed |
| 1,870,000 |
| 7 |
| Accept Report on Share Repurchase Reserves and Authorize Repurchase of MXN 5 Billion of Shares |
| Management |
| For |
| For |
|
|
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Annual |
| Confirmed |
| 1,870,000 |
| 8 |
| Approve to Cancel Company Treasury Shares |
| Management |
| For |
| For |
|
|
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Annual |
| Confirmed |
| 1,870,000 |
| 9 |
| Accept Report on Adherence to Fiscal Obligations |
| Management |
| For |
| For |
|
|
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Annual |
| Confirmed |
| 1,870,000 |
| 10 |
| Accept Report Re: Employee Stock Purchase Plan |
| Management |
| For |
| For |
|
|
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Annual |
| Confirmed |
| 1,870,000 |
| 11 |
| Accept Report Re: Wal-Mart de Mexico Foundation |
| Management |
| For |
| For |
|
|
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Annual |
| Confirmed |
| 1,870,000 |
| 12 |
| Ratify Board of Directors’ Actions for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Annual |
| Confirmed |
| 1,870,000 |
| 13 |
| Elect or Ratify Directors |
| Management |
| For |
| For |
|
|
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Annual |
| Confirmed |
| 1,870,000 |
| 14 |
| Elect Chairmen of Audit and Corporate Governance Committees |
| Management |
| For |
| For |
|
|
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Annual |
| Confirmed |
| 1,870,000 |
| 15 |
| Approve Remuneration of Directors and Officials |
| Management |
| For |
| For |
|
|
1,870,000 |
| Wal-Mart de Mexico SAB de CV |
| WALMEXV |
| P98180105 |
| 14-Mar-13 |
| 06-Mar-13 |
| Annual |
| Confirmed |
| 1,870,000 |
| 16 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| Management |
| For |
| For |
|
|
109,402 |
| Fomento Economico Mexicano SAB de CV (FEMSA) |
| FEMSAUBD |
| P4182H115 |
| 15-Mar-13 |
| 15-Feb-13 |
| Annual |
| Confirmed |
| 109,402 |
| 1 |
| Accept Report of Board of Directors on Financial Statements and Statutory Reports for Fiscal Year 2012, Receive CEO’s Report and Audit and Corporate Practices Committees Chairmen Report |
| Management |
| For |
| For |
|
|
109,402 |
| Fomento Economico Mexicano SAB de CV (FEMSA) |
| FEMSAUBD |
| P4182H115 |
| 15-Mar-13 |
| 15-Feb-13 |
| Annual |
| Confirmed |
| 109,402 |
| 2 |
| Accept Report on Adherence to Fiscal Obligations |
| Management |
| For |
| For |
|
|
109,402 |
| Fomento Economico Mexicano SAB de CV (FEMSA) |
| FEMSAUBD |
| P4182H115 |
| 15-Mar-13 |
| 15-Feb-13 |
| Annual |
| Confirmed |
| 109,402 |
| 3 |
| Approve Allocation of Income and Distribution of Cash Dividends |
| Management |
| For |
| For |
|
|
109,402 |
| Fomento Economico Mexicano SAB de CV (FEMSA) |
| FEMSAUBD |
| P4182H115 |
| 15-Mar-13 |
| 15-Feb-13 |
| Annual |
| Confirmed |
| 109,402 |
| 4 |
| Set Aggregate Nominal Share Repurchase Reserve to a Maximum Amount of up to MXN 3 Billion |
| Management |
| For |
| For |
|
|
109,402 |
| Fomento Economico Mexicano SAB de CV (FEMSA) |
| FEMSAUBD |
| P4182H115 |
| 15-Mar-13 |
| 15-Feb-13 |
| Annual |
| Confirmed |
| 109,402 |
| 5 |
| Elect Directors and Secretaries, Verify Independence of Directors, and Approve their Remuneration |
| Management |
| For |
| For |
|
|
109,402 |
| Fomento Economico Mexicano SAB de CV (FEMSA) |
| FEMSAUBD |
| P4182H115 |
| 15-Mar-13 |
| 15-Feb-13 |
| Annual |
| Confirmed |
| 109,402 |
| 6 |
| Elect Members and Chairmen of Finance and Planning Committee, Audit Committee and Corporate Practices Committee; Approve Their Remuneration |
| Management |
| For |
| For |
|
|
109,402 |
| Fomento Economico Mexicano SAB de CV (FEMSA) |
| FEMSAUBD |
| P4182H115 |
| 15-Mar-13 |
| 15-Feb-13 |
| Annual |
| Confirmed |
| 109,402 |
| 7 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| Management |
| For |
| For |
|
|
109,402 |
| Fomento Economico Mexicano SAB de CV (FEMSA) |
| FEMSAUBD |
| P4182H115 |
| 15-Mar-13 |
| 15-Feb-13 |
| Annual |
| Confirmed |
| 109,402 |
| 8 |
| Approve Minutes of Meeting |
| Management |
| For |
| For |
|
|
338,000 |
| Souza Cruz S.A |
| CRUZ3 |
| P26663107 |
| 15-Mar-13 |
|
|
| Annual |
| Confirmed |
| 338,000 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
338,000 |
| Souza Cruz S.A |
| CRUZ3 |
| P26663107 |
| 15-Mar-13 |
|
|
| Annual |
| Confirmed |
| 338,000 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
338,000 |
| Souza Cruz S.A |
| CRUZ3 |
| P26663107 |
| 15-Mar-13 |
|
|
| Annual |
| Confirmed |
| 338,000 |
| 3 |
| Elect Directors |
| Management |
| For |
| Abstain |
| Bundled reolution. |
338,000 |
| Souza Cruz S.A |
| CRUZ3 |
| P26663107 |
| 15-Mar-13 |
|
|
| Annual |
| Confirmed |
| 338,000 |
| 4 |
| Approve Remuneration of Executive Officers and Non-Executive Directors |
| Management |
| For |
| For |
|
|
338,000 |
| Souza Cruz S.A |
| CRUZ3 |
| P26663107 |
| 15-Mar-13 |
|
|
| Annual |
| Confirmed |
| 338,000 |
| 5 |
| Install Fiscal Council |
| Management |
| For |
| For |
|
|
338,000 |
| Souza Cruz S.A |
| CRUZ3 |
| P26663107 |
| 15-Mar-13 |
|
|
| Annual |
| Confirmed |
| 338,000 |
| 6 |
| Elect Fiscal Council Members and Approve Their Remuneration |
| Management |
| For |
| Abstain |
| Bundled reolution. |
209,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 19-Mar-13 |
|
|
| Annual |
| Confirmed |
| 209,901 |
| 1 |
| Verify Quorum |
| Management |
|
|
|
|
|
|
209,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 19-Mar-13 |
|
|
| Annual |
| Confirmed |
| 209,901 |
| 2 |
| Approve Meeting Agenda |
| Management |
| For |
| For |
|
|
209,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 19-Mar-13 |
|
|
| Annual |
| Confirmed |
| 209,901 |
| 3 |
| Elect Meeting Approval Committee |
| Management |
| For |
| For |
|
|
209,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 19-Mar-13 |
|
|
| Annual |
| Confirmed |
| 209,901 |
| 4 |
| Accept Board and Chairman’s Report |
| Management |
| For |
| For |
|
|
209,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 19-Mar-13 |
|
|
| Annual |
| Confirmed |
| 209,901 |
| 5 |
| Present Individual and Consolidated Financial Statements and Statutory Reports |
| Management |
| For |
| For |
|
|
209,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 19-Mar-13 |
|
|
| Annual |
| Confirmed |
| 209,901 |
| 6 |
| Present Auditor’s Report |
| Management |
| For |
| For |
|
|
209,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 19-Mar-13 |
|
|
| Annual |
| Confirmed |
| 209,901 |
| 7 |
| Approve Management Report, Financial Statements and Statutory Reports |
| Management |
| For |
| For |
|
|
209,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 19-Mar-13 |
|
|
| Annual |
| Confirmed |
| 209,901 |
| 8 |
| Approve Plan to Implement NIIF as per Law 2784 |
| Management |
| For |
| For |
|
|
209,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 19-Mar-13 |
|
|
| Annual |
| Confirmed |
| 209,901 |
| 9.1 |
| Approve Allocation of Income |
| Management |
| For |
| For |
|
|
209,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 19-Mar-13 |
|
|
| Annual |
| Confirmed |
| 209,901 |
| 9.2 |
| Approve Donations |
| Management |
| For |
| Against |
| Standard item in Colombia related to donations. There is no disclosure on amount or terms of donations that are being proposed. |
209,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 19-Mar-13 |
|
|
| Annual |
| Confirmed |
| 209,901 |
| 10 |
| Other Business |
| Management |
| For |
| Against |
| ‘Other business’ item. Investors voting via proxy cannot assess the impact of eventual proposals submitted by shareholders during the meeting. |
11,421,376 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 21-Mar-13 |
| 15-Mar-13 |
| Special |
| Confirmed |
| 11,421,376 |
| 1 |
| Authorize Increase in Capital via Capitalization of 30 Percent of Distributable Net Income for FY 2012; Amend Articles to Reflect Changes in Capital; Authorize Board to Ratify and Execute Approved Resolutions |
| Management |
| For |
| For |
|
|
11,421,376 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 21-Mar-13 |
| 15-Mar-13 |
| Annual |
| Confirmed |
| 11,421,376 |
| 1 |
| Accept Annual Report, Financial Statements and External Auditors’ Report for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
11,421,376 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 21-Mar-13 |
| 15-Mar-13 |
| Annual |
| Confirmed |
| 11,421,376 |
| 2 |
| Approve Allocation of Income and Dividends of CLP 3.42 Per Share |
| Management |
| For |
| For |
|
|
11,421,376 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 21-Mar-13 |
| 15-Mar-13 |
| Annual |
| Confirmed |
| 11,421,376 |
| 3 |
| Elect Director |
| Management |
| For |
| Abstain |
| We don’t have any particular issue against the quality and composition of the board of directors of the company, however the name of the candidates was not provided ahead of the meeting. |
11,421,376 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 21-Mar-13 |
| 15-Mar-13 |
| Annual |
| Confirmed |
| 11,421,376 |
| 4 |
| Approve Remuneration of Directors |
| Management |
| For |
| Abstain |
| Current levels looks reasonable but as common practice in Chile proposed amounts are not disclosed ahead of the meeting, so we are unable to make an informed decision. |
11,421,376 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 21-Mar-13 |
| 15-Mar-13 |
| Annual |
| Confirmed |
| 11,421,376 |
| 5 |
| Approve Remuneration and Budget of Directors and Audit Committee |
| Management |
| For |
| Abstain |
| Current levels looks reasonable but as common practice in Chile proposed amounts are not disclosed ahead of the meeting, so we are unable to do make informed decision. |
11,421,376 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 21-Mar-13 |
| 15-Mar-13 |
| Annual |
| Confirmed |
| 11,421,376 |
| 6 |
| Elect External Auditors |
| Management |
| For |
| For |
|
|
11,421,376 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 21-Mar-13 |
| 15-Mar-13 |
| Annual |
| Confirmed |
| 11,421,376 |
| 7 |
| Present Directors and Audit Committee Report |
| Management |
|
|
|
|
|
|
11,421,376 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 21-Mar-13 |
| 15-Mar-13 |
| Annual |
| Confirmed |
| 11,421,376 |
| 8 |
| Accept Special Auditors’ Report Regarding Related-Party Transactions |
| Management |
|
|
|
|
|
|
11,421,376 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 21-Mar-13 |
| 15-Mar-13 |
| Annual |
| Confirmed |
| 11,421,376 |
| 9 |
| Transact Other Business (Non-Voting) |
| Management |
|
|
|
|
|
|
831,000 |
| Odontoprev S.A. |
| ODPV3 |
| P7344M104 |
| 02-Apr-13 |
|
|
| Annual |
| Confirmed |
| 831,000 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
831,000 |
| Odontoprev S.A. |
| ODPV3 |
| P7344M104 |
| 02-Apr-13 |
|
|
| Annual |
| Confirmed |
| 831,000 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
831,000 |
| Odontoprev S.A. |
| ODPV3 |
| P7344M104 |
| 02-Apr-13 |
|
|
| Annual |
| Confirmed |
| 831,000 |
| 3 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| For |
|
|
831,000 |
| Odontoprev S.A. |
| ODPV3 |
| P7344M104 |
| 02-Apr-13 |
|
|
| Annual |
| Confirmed |
| 831,000 |
| 4 |
| Elect Fiscal Council Members |
| Management |
| For |
| Abstain |
| Bundled item. |
235,368 |
| BRF - Brasil Foods SA |
| BRFS3 |
| P1905C100 |
| 09-Apr-13 |
|
|
| Special |
| Confirmed |
| 235,368 |
| 1 |
| Amend Company Name |
| Management |
| For |
| For |
|
|
235,368 |
| BRF - Brasil Foods SA |
| BRFS3 |
| P1905C100 |
| 09-Apr-13 |
|
|
| Special |
| Confirmed |
| 235,368 |
| 2 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| For |
|
|
235,368 |
| BRF - Brasil Foods SA |
| BRFS3 |
| P1905C100 |
| 09-Apr-13 |
|
|
| Special |
| Confirmed |
| 235,368 |
| 3 |
| Amend Stock Option Plan |
| Management |
| For |
| For |
|
|
235,368 |
| BRF - Brasil Foods SA |
| BRFS3 |
| P1905C100 |
| 09-Apr-13 |
|
|
| Annual |
| Confirmed |
| 235,368 |
| 1 |
| Approve Financial Statements and Allocation of Income |
| Management |
| For |
| For |
|
|
235,368 |
| BRF - Brasil Foods SA |
| BRFS3 |
| P1905C100 |
| 09-Apr-13 |
|
|
| Annual |
| Confirmed |
| 235,368 |
| 2 |
| Ratify Board of Directors Deliberations Re: Allocation of Dividends |
| Management |
| For |
| For |
|
|
235,368 |
| BRF - Brasil Foods SA |
| BRFS3 |
| P1905C100 |
| 09-Apr-13 |
|
|
| Annual |
| Confirmed |
| 235,368 |
| 3 |
| Approve Dividends |
| Management |
| For |
| For |
|
|
235,368 |
| BRF - Brasil Foods SA |
| BRFS3 |
| P1905C100 |
| 09-Apr-13 |
|
|
| Annual |
| Confirmed |
| 235,368 |
| 4 |
| Fix Number of Directors |
| Management |
| For |
| For |
|
|
235,368 |
| BRF - Brasil Foods SA |
| BRFS3 |
| P1905C100 |
| 09-Apr-13 |
|
|
| Annual |
| Confirmed |
| 235,368 |
| 5 |
| Elect Directors |
| Management |
| For |
| Against |
| We are not supportive of the election of Abilio Diniz to the chairman role since he is currently chairman of Group Pao de Acucar, the largest distributor of BRF’s products in Brazil and thus can represent a conflict of interest, in addition to issues with time commitment for for chairmanship at two major companies. |
235,368 |
| BRF - Brasil Foods SA |
| BRFS3 |
| P1905C100 |
| 09-Apr-13 |
|
|
| Annual |
| Confirmed |
| 235,368 |
| 6 |
| Elect Board Chairman and Vice-Chairman |
| Management |
| For |
| Against |
| We are not supportive of the election of Abilio Diniz to the chairman role since he is currently chairman of Group Pao de Acucar, the largest distributor of BRF’s products in Brazil and thus can represent a conflict of interest, in addition to issues with time commitment for for chairmanship at two major companies. |
235,368 |
| BRF - Brasil Foods SA |
| BRFS3 |
| P1905C100 |
| 09-Apr-13 |
|
|
| Annual |
| Confirmed |
| 235,368 |
| 7 |
| Elect Fiscal Council and Audit Committee Members |
| Management |
| For |
| Abstain |
| This is a bundled resolution. |
1,339,000 |
| Organizacion Soriana SAB de CV |
| SORIANAB |
| P8728U167 |
| 10-Apr-13 |
| 26-Mar-13 |
| Annual |
| Confirmed |
| 1,339,000 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year 2012; Accept CEO and Board’s Opinion Reports; Accept Audit and Corporate Practices Committee |
| Management |
| For |
| For |
|
|
1,339,000 |
| Organizacion Soriana SAB de CV |
| SORIANAB |
| P8728U167 |
| 10-Apr-13 |
| 26-Mar-13 |
| Annual |
| Confirmed |
| 1,339,000 |
| 2 |
| Accept Report on Activities Undertaken by Board of Directors |
| Management |
| For |
| For |
|
|
1,339,000 |
| Organizacion Soriana SAB de CV |
| SORIANAB |
| P8728U167 |
| 10-Apr-13 |
| 26-Mar-13 |
| Annual |
| Confirmed |
| 1,339,000 |
| 3a |
| Approve Allocation of Income |
| Management |
| For |
| Abstain |
| Although we support the payment of a dividend, Soriana has not disclosed the proposed dividend amount so this item warrants an abstention. |
1,339,000 |
| Organizacion Soriana SAB de CV |
| SORIANAB |
| P8728U167 |
| 10-Apr-13 |
| 26-Mar-13 |
| Annual |
| Confirmed |
| 1,339,000 |
| 3b |
| Set Aggregate Nominal Amount of Share Repurchase Reserve |
| Management |
| For |
| Abstain |
| Again, the company has not disclosed the amount to be allocated to share repurchase reserve. More prudent to abstain. |
1,339,000 |
| Organizacion Soriana SAB de CV |
| SORIANAB |
| P8728U167 |
| 10-Apr-13 |
| 26-Mar-13 |
| Annual |
| Confirmed |
| 1,339,000 |
| 4 |
| Elect Directors, Board Committees Members and Approve their Remuneration |
| Management |
| For |
| Abstain |
| Neither the names of the nominees nor their proposed remuneration have been disclosed and the bundled nature of the resolution forces shareholders to submit a once and for all vote for each director and their remuneration. Will email the company to suggest they amend this in future. |
1,339,000 |
| Organizacion Soriana SAB de CV |
| SORIANAB |
| P8728U167 |
| 10-Apr-13 |
| 26-Mar-13 |
| Annual |
| Confirmed |
| 1,339,000 |
| 5 |
| Authorize Establishment of Short and Long Term Certificate Program with Dual Revolving Character in the Amount of Up to MXN 15 Billion |
| Management |
| For |
| For |
|
|
1,339,000 |
| Organizacion Soriana SAB de CV |
| SORIANAB |
| P8728U167 |
| 10-Apr-13 |
| 26-Mar-13 |
| Annual |
| Confirmed |
| 1,339,000 |
| 6 |
| Amend Articles of Company Bylaws in Order to Comply with Security Market Law |
| Management |
| For |
| Abstain |
| No detail on the proposed changes to Soriana’s articles. |
1,339,000 |
| Organizacion Soriana SAB de CV |
| SORIANAB |
| P8728U167 |
| 10-Apr-13 |
| 26-Mar-13 |
| Annual |
| Confirmed |
| 1,339,000 |
| 7 |
| Grant Special Authorities to S.D. Indeval Institucion para el Deposito de Valores S.A. de C.V. |
| Management |
| For |
| Abstain |
| The company did not disclose what the rights are and why they are being offered. |
1,339,000 |
| Organizacion Soriana SAB de CV |
| SORIANAB |
| P8728U167 |
| 10-Apr-13 |
| 26-Mar-13 |
| Annual |
| Confirmed |
| 1,339,000 |
| 8 |
| Approve Granting of Powers |
| Management |
| For |
| Abstain |
| Insufficient information. |
1,339,000 |
| Organizacion Soriana SAB de CV |
| SORIANAB |
| P8728U167 |
| 10-Apr-13 |
| 26-Mar-13 |
| Annual |
| Confirmed |
| 1,339,000 |
| 9 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| Management |
| For |
| For |
|
|
462,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 10-Apr-13 |
| 21-Mar-13 |
| Annual |
| Confirmed |
| 462,000 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
462,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 10-Apr-13 |
| 21-Mar-13 |
| Annual |
| Confirmed |
| 462,000 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
462,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 10-Apr-13 |
| 21-Mar-13 |
| Annual |
| Confirmed |
| 462,000 |
| 3 |
| Elect Directors |
| Management |
| For |
| For |
|
|
462,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 10-Apr-13 |
| 21-Mar-13 |
| Annual |
| Confirmed |
| 462,000 |
| 4 |
| In event cumulative voting for election of Directors is requested and, therefore, voting instruction in item 3 is disregarded, to allocate total number of cumulative votes equally among the nominees in the slate proposed by the current BOD of the Company |
| Management |
| For |
| For |
|
|
462,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 10-Apr-13 |
| 21-Mar-13 |
| Annual |
| Confirmed |
| 462,000 |
| 5 |
| Elect Fiscal Council Members |
| Management |
| For |
| For |
|
|
462,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 10-Apr-13 |
| 21-Mar-13 |
| Annual |
| Confirmed |
| 462,000 |
| 6 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A |
| NATU3 |
| P7088C106 |
| 12-Apr-13 |
|
|
| Special |
| Confirmed |
| 319,000 |
| 1 |
| Change Location of Company Headquarters |
| Management |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A |
| NATU3 |
| P7088C106 |
| 12-Apr-13 |
|
|
| Special |
| Confirmed |
| 319,000 |
| 2 |
| Amend Corporate Purpose |
| Management |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A |
| NATU3 |
| P7088C106 |
| 12-Apr-13 |
|
|
| Special |
| Confirmed |
| 319,000 |
| 3 |
| Amend Articles 15, 18, and 19 |
| Management |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A |
| NATU3 |
| P7088C106 |
| 12-Apr-13 |
|
|
| Special |
| Confirmed |
| 319,000 |
| 4 |
| Amend Articles 34, 35, and 49 |
| Management |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A |
| NATU3 |
| P7088C106 |
| 12-Apr-13 |
|
|
| Special |
| Confirmed |
| 319,000 |
| 5 |
| Consolidate Bylaws |
| Management |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A |
| NATU3 |
| P7088C106 |
| 12-Apr-13 |
|
|
| Special |
| Confirmed |
| 319,000 |
| 6 |
| Ratify Acquisition of 65 percent of Emeis Holdings Pty Ltd. |
| Management |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A |
| NATU3 |
| P7088C106 |
| 12-Apr-13 |
|
|
| Annual |
| Confirmed |
| 319,000 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A |
| NATU3 |
| P7088C106 |
| 12-Apr-13 |
|
|
| Annual |
| Confirmed |
| 319,000 |
| 2 |
| Approve Capital Budget and Allocation of Income |
| Management |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A |
| NATU3 |
| P7088C106 |
| 12-Apr-13 |
|
|
| Annual |
| Confirmed |
| 319,000 |
| 3 |
| Elect Directors |
| Management |
| For |
| Abstain |
| Although the company did provide all information required and level of board independence is at 33% (above 20% required by Novo Mercado standards), it has failed to unbundle the voting item. |
319,000 |
| Natura Cosmeticos S.A |
| NATU3 |
| P7088C106 |
| 12-Apr-13 |
|
|
| Annual |
| Confirmed |
| 319,000 |
| 4 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| Against |
| Reasonable increase (circa. 10%) of total compensation approved for 2013, in fact the average compensation per management member decreased 12%. However the company has failed to include stock-option based remuneration as part of the highest/lowest compensation disclosure. |
757,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 15-Apr-13 |
|
|
| Special |
| Confirmed |
| 757,563 |
| 1 |
| Amend Stock Option Plan |
| Management |
| For |
| Abstain |
| Although the company did try to mitigate potential conflicts of interest (no discounts can be given to non-executives and changes in the plan must be approved by shareholders), and the size of the plan is fairly small (330k options/year, 30k to each member), compensating non-executives with options is not seen as ideal as it might incentivise short-term performance rather than long-term. This is in addition to the conflict of them being responsible of policing the program. |
757,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 15-Apr-13 |
|
|
| Annual |
| Confirmed |
| 757,563 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
757,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 15-Apr-13 |
|
|
| Annual |
| Confirmed |
| 757,563 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
757,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 15-Apr-13 |
|
|
| Annual |
| Confirmed |
| 757,563 |
| 3 |
| Elect Directors |
| Management |
| For |
| Abstain |
| All requested information was provided and the majority of the board is composed by independent members. However, the election was bundled in only one voting item. |
757,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 15-Apr-13 |
|
|
| Annual |
| Confirmed |
| 757,563 |
| 4 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| Against |
| Although all details were provided, the company seek to approve a budget of a BRL46.5mln, which is 42.6% higher than total remuneration paid in 2012 and 35.2% higher than 2012 budget. This is mostly due to a increase in estimated stock option based remuneration that is expected to increase from BRL 14.7mln budgeted in 2012 to up to BRL 25.3mln for 2013. |
592,000 |
| SONDA SA |
| SONDA |
| P87262104 |
| 15-Apr-13 |
| 09-Apr-13 |
| Annual |
| Confirmed |
| 592,000 |
| 1 |
| Accept Annual Report, Financial Statements and External Auditors’ Report for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
592,000 |
| SONDA SA |
| SONDA |
| P87262104 |
| 15-Apr-13 |
| 09-Apr-13 |
| Annual |
| Confirmed |
| 592,000 |
| 2 |
| Approve Allocation of Income, Dividends and Future Dividend Policy |
| Management |
| For |
| For |
|
|
592,000 |
| SONDA SA |
| SONDA |
| P87262104 |
| 15-Apr-13 |
| 09-Apr-13 |
| Annual |
| Confirmed |
| 592,000 |
| 3 |
| Approve Remuneration of Directors; Approve Remuneration and Budget of Directors’ Committee |
| Management |
| For |
| Abstain |
| As usual in Chile disclosure of amounts was not provided ahead of the meeting, so we are unable to assess the impacts of the proposal. |
592,000 |
| SONDA SA |
| SONDA |
| P87262104 |
| 15-Apr-13 |
| 09-Apr-13 |
| Annual |
| Confirmed |
| 592,000 |
| 4 |
| Present Report of Directors’ Committee Activities and Expenses |
| Management |
| For |
| For |
|
|
592,000 |
| SONDA SA |
| SONDA |
| P87262104 |
| 15-Apr-13 |
| 09-Apr-13 |
| Annual |
| Confirmed |
| 592,000 |
| 5 |
| Receive Special Auditors’ Report Regarding Related-Party Transactions |
| Management |
|
|
|
|
|
|
592,000 |
| SONDA SA |
| SONDA |
| P87262104 |
| 15-Apr-13 |
| 09-Apr-13 |
| Annual |
| Confirmed |
| 592,000 |
| 6 |
| Elect External Auditors |
| Management |
| For |
| For |
|
|
592,000 |
| SONDA SA |
| SONDA |
| P87262104 |
| 15-Apr-13 |
| 09-Apr-13 |
| Annual |
| Confirmed |
| 592,000 |
| 7 |
| Designate Newspaper to Publish Meeting Announcements |
| Management |
| For |
| For |
|
|
592,000 |
| SONDA SA |
| SONDA |
| P87262104 |
| 15-Apr-13 |
| 09-Apr-13 |
| Annual |
| Confirmed |
| 592,000 |
| 8 |
| Other Business (Voting) |
| Management |
| For |
| Against |
| Insufficient information at time of voting. |
3,780,000 |
| Enersis SA |
| ENERSIS |
| P37186106 |
| 16-Apr-13 |
| 10-Apr-13 |
| Annual |
| Confirmed |
| 3,780,000 |
| 1 |
| Accept Annual Report, Financial Statements, and Reports of External Auditors and Auditors for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
3,780,000 |
| Enersis SA |
| ENERSIS |
| P37186106 |
| 16-Apr-13 |
| 10-Apr-13 |
| Annual |
| Confirmed |
| 3,780,000 |
| 2 |
| Approve Allocation of Income and Distribution of Dividends |
| Management |
| For |
| For |
|
|
3,780,000 |
| Enersis SA |
| ENERSIS |
| P37186106 |
| 16-Apr-13 |
| 10-Apr-13 |
| Annual |
| Confirmed |
| 3,780,000 |
| 3 |
| Elect Directors |
| Management |
| For |
| Abstain |
| Bundled election. |
3,780,000 |
| Enersis SA |
| ENERSIS |
| P37186106 |
| 16-Apr-13 |
| 10-Apr-13 |
| Annual |
| Confirmed |
| 3,780,000 |
| 4 |
| Approve Remuneration of Directors |
| Management |
| For |
| Abstain |
| Past amount is reasonable, but no disclosure is given with regards to 2013 budget which is not a requirement in Chile. |
3,780,000 |
| Enersis SA |
| ENERSIS |
| P37186106 |
| 16-Apr-13 |
| 10-Apr-13 |
| Annual |
| Confirmed |
| 3,780,000 |
| 5 |
| Approve Remuneration and Budget of Directors’ Committee for Fiscal Year 2013 |
| Management |
| For |
| Abstain |
| Past amount is reasonable, but no disclosure is given with regards to 2013 budget which is not a requirement in Chile. |
3,780,000 |
| Enersis SA |
| ENERSIS |
| P37186106 |
| 16-Apr-13 |
| 10-Apr-13 |
| Annual |
| Confirmed |
| 3,780,000 |
| 6 |
| Present Information on Board Reports on Board Expenses, Annual Management, Expenditures and Activities of the Directors’ Committee |
| Management |
|
|
|
|
|
|
3,780,000 |
| Enersis SA |
| ENERSIS |
| P37186106 |
| 16-Apr-13 |
| 10-Apr-13 |
| Annual |
| Confirmed |
| 3,780,000 |
| 7 |
| Elect External Auditors |
| Management |
| For |
| For |
|
|
3,780,000 |
| Enersis SA |
| ENERSIS |
| P37186106 |
| 16-Apr-13 |
| 10-Apr-13 |
| Annual |
| Confirmed |
| 3,780,000 |
| 8 |
| Elect Two Auditors and their Respective Alternates; Approve Their Remuneration |
| Management |
| For |
| Abstain |
| No disclosure was given with regards to the names of candidates and expected remuneration. |
3,780,000 |
| Enersis SA |
| ENERSIS |
| P37186106 |
| 16-Apr-13 |
| 10-Apr-13 |
| Annual |
| Confirmed |
| 3,780,000 |
| 9 |
| Designate Risk Assessment Companies |
| Management |
| For |
| For |
|
|
3,780,000 |
| Enersis SA |
| ENERSIS |
| P37186106 |
| 16-Apr-13 |
| 10-Apr-13 |
| Annual |
| Confirmed |
| 3,780,000 |
| 10 |
| Approve Investment and Financing Policy |
| Management |
| For |
| For |
|
|
3,780,000 |
| Enersis SA |
| ENERSIS |
| P37186106 |
| 16-Apr-13 |
| 10-Apr-13 |
| Annual |
| Confirmed |
| 3,780,000 |
| 11 |
| Present Information on Dividend Policy and Procedures for Dividend Distribution |
| Management |
|
|
|
|
|
|
3,780,000 |
| Enersis SA |
| ENERSIS |
| P37186106 |
| 16-Apr-13 |
| 10-Apr-13 |
| Annual |
| Confirmed |
| 3,780,000 |
| 12 |
| Receive Special Auditors’ Report Regarding Related-Party Transactions |
| Management |
|
|
|
|
|
|
3,780,000 |
| Enersis SA |
| ENERSIS |
| P37186106 |
| 16-Apr-13 |
| 10-Apr-13 |
| Annual |
| Confirmed |
| 3,780,000 |
| 13 |
| Present Report Re: Processing, Printing, and Mailing Information Required by Chilean Law |
| Management |
|
|
|
|
|
|
3,780,000 |
| Enersis SA |
| ENERSIS |
| P37186106 |
| 16-Apr-13 |
| 10-Apr-13 |
| Annual |
| Confirmed |
| 3,780,000 |
| 14 |
| Other Business (Voting) |
| Management |
| For |
| Against |
| Insufficient information. |
3,780,000 |
| Enersis SA |
| ENERSIS |
| P37186106 |
| 16-Apr-13 |
| 10-Apr-13 |
| Annual |
| Confirmed |
| 3,780,000 |
| 15 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| Management |
| For |
| For |
|
|
259,000 |
| Grupo Aeroportuario del Centro Norte SAB de CV |
| OMAB |
| P49530101 |
| 16-Apr-13 |
| 22-Mar-13 |
| Annual/Special |
| Confirmed |
| 259,000 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year 2012 |
| Management |
|
|
|
|
|
|
259,000 |
| Grupo Aeroportuario del Centro Norte SAB de CV |
| OMAB |
| P49530101 |
| 16-Apr-13 |
| 22-Mar-13 |
| Annual/Special |
| Confirmed |
| 259,000 |
| 2 |
| Present CEO and External Auditor Report for Fiscal Year 2012 |
| Management |
|
|
|
|
|
|
259,000 |
| Grupo Aeroportuario del Centro Norte SAB de CV |
| OMAB |
| P49530101 |
| 16-Apr-13 |
| 22-Mar-13 |
| Annual/Special |
| Confirmed |
| 259,000 |
| 3 |
| Present Board of Directors’ Report in Accordance with Art. 28, Section IV of Stock Market Law Including Tax Report |
| Management |
|
|
|
|
|
|
259,000 |
| Grupo Aeroportuario del Centro Norte SAB de CV |
| OMAB |
| P49530101 |
| 16-Apr-13 |
| 22-Mar-13 |
| Annual/Special |
| Confirmed |
| 259,000 |
| 4 |
| Authorize Board to Ratify and Execute Approved Resolutions in Proposals 1 and 2 of this Agenda |
| Management |
| For |
| For |
|
|
259,000 |
| Grupo Aeroportuario del Centro Norte SAB de CV |
| OMAB |
| P49530101 |
| 16-Apr-13 |
| 22-Mar-13 |
| Annual/Special |
| Confirmed |
| 259,000 |
| 5 |
| Approve Allocation of Income, Increase in Reserves and Set Aggregate Nominal Amount of Share Repurchase |
| Management |
| For |
| For |
|
|
259,000 |
| Grupo Aeroportuario del Centro Norte SAB de CV |
| OMAB |
| P49530101 |
| 16-Apr-13 |
| 22-Mar-13 |
| Annual/Special |
| Confirmed |
| 259,000 |
| 6 |
| Elect Directors and Chairman of Audit, Corporate Practices, Finance and Planning Committee; Elect Board Secretary and Deputy Secretary |
| Management |
| For |
| Abstain |
| ISS recommends voting against this item due to a lack of disclosure and bundled resolution. However, IR disclosed the details of the proposed directors via email, clarifying that independent directors Fernando Flores and Aaron Dychter are due to be replaced by 2 new independent members, namely Elsa Beatriz Garcia Bojorges and Ricardo Gutiérrez Muñoz. Biographies have been supplied. In addition, current director Diego Quintana will be appointed as President and Jose Luis Guerrero Alvarez is up for reappointment. Have emailed to suggest OMA unbundle this item going forward, but given the level of disclosure more reasonable to abstain. |
259,000 |
| Grupo Aeroportuario del Centro Norte SAB de CV |
| OMAB |
| P49530101 |
| 16-Apr-13 |
| 22-Mar-13 |
| Annual/Special |
| Confirmed |
| 259,000 |
| 7 |
| Approve Remuneration of Directors and Other Committees |
| Management |
| For |
| Abstain |
| Despite emailing to request further information, IR has been unable to get the proposed remuneration in time so it is more prudent to abstain rather than vote in favour as ISS recommends. Have emailed to encourage more timely disclosure as well as unbundling this resolution. |
259,000 |
| Grupo Aeroportuario del Centro Norte SAB de CV |
| OMAB |
| P49530101 |
| 16-Apr-13 |
| 22-Mar-13 |
| Annual/Special |
| Confirmed |
| 259,000 |
| 8 |
| Approve Reduction in Share Capital and Consequently Amend Article 6 of Bylaws |
| Management |
| For |
| For |
|
|
259,000 |
| Grupo Aeroportuario del Centro Norte SAB de CV |
| OMAB |
| P49530101 |
| 16-Apr-13 |
| 22-Mar-13 |
| Annual/Special |
| Confirmed |
| 259,000 |
| 9 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| Management |
| For |
| For |
|
|
599,875 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-13 |
| 11-Mar-13 |
| Annual/Special |
| Confirmed |
| 599,875 |
| 1.1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
599,875 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-13 |
| 11-Mar-13 |
| Annual/Special |
| Confirmed |
| 599,875 |
| 1.2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
599,875 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-13 |
| 11-Mar-13 |
| Annual/Special |
| Confirmed |
| 599,875 |
| 1.3 |
| Elect Directors |
| Management |
| For |
| Withhold |
| The company provided all requested information, though the election was bundled in one single voting item. |
599,875 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-13 |
| 11-Mar-13 |
| Annual/Special |
| Confirmed |
| 599,875 |
| 1.4 |
| Elect Fiscal Council Members |
| Management |
| For |
| Withhold |
| Bundled election. |
599,875 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-13 |
| 11-Mar-13 |
| Annual/Special |
| Confirmed |
| 599,875 |
| 1.5 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| Withhold |
| The company has failed to disclose the remuneration of its highest paid executives, which is a requirement of CVM. The company based its decision on a legal injunction filed in 2010 claiming that this requirement violate the privacy of executives and expose them to security risks. |
599,875 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-13 |
| 11-Mar-13 |
| Annual/Special |
| Confirmed |
| 599,875 |
| 2.1 |
| Amend Articles |
| Management |
| For |
| For |
|
|
599,875 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-13 |
| 11-Mar-13 |
| Annual/Special |
| Confirmed |
| 599,875 |
| 2.2 |
| Consolidate Bylaws |
| Management |
| For |
| For |
|
|
862,776 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-13 |
| 11-Mar-13 |
| Annual/Special |
| Confirmed |
| 862,776 |
| 1.1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
862,776 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-13 |
| 11-Mar-13 |
| Annual/Special |
| Confirmed |
| 862,776 |
| 1.2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
862,776 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-13 |
| 11-Mar-13 |
| Annual/Special |
| Confirmed |
| 862,776 |
| 1.3 |
| Elect Directors |
| Management |
| For |
| Withhold |
| The company provided all requested information, though the election was bundled in one single voting item. |
862,776 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-13 |
| 11-Mar-13 |
| Annual/Special |
| Confirmed |
| 862,776 |
| 1.4 |
| Elect Fiscal Council Members |
| Management |
| For |
| Withhold |
| Bundled election. |
862,776 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-13 |
| 11-Mar-13 |
| Annual/Special |
| Confirmed |
| 862,776 |
| 1.5 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| Withhold |
| The company has failed to disclose the remuneration of its highest paid executives, which is a requirement of CVM. The company based its decision on a legal injunction filed in 2010 claiming that this requirement violate the privacy of executives and expose them to security risks. |
862,776 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-13 |
| 11-Mar-13 |
| Annual/Special |
| Confirmed |
| 862,776 |
| 2.1 |
| Amend Articles |
| Management |
| For |
| For |
|
|
862,776 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-13 |
| 11-Mar-13 |
| Annual/Special |
| Confirmed |
| 862,776 |
| 2.2 |
| Consolidate Bylaws |
| Management |
| For |
| For |
|
|
333,096 |
| Lojas Renner |
| LREN3 |
| P6332C102 |
| 18-Apr-13 |
|
|
| Annual |
| Confirmed |
| 333,096 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
333,096 |
| Lojas Renner |
| LREN3 |
| P6332C102 |
| 18-Apr-13 |
|
|
| Annual |
| Confirmed |
| 333,096 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
333,096 |
| Lojas Renner |
| LREN3 |
| P6332C102 |
| 18-Apr-13 |
|
|
| Annual |
| Confirmed |
| 333,096 |
| 3 |
| Authorize Capitalization of Reserves |
| Management |
| For |
| For |
|
|
333,096 |
| Lojas Renner |
| LREN3 |
| P6332C102 |
| 18-Apr-13 |
|
|
| Annual |
| Confirmed |
| 333,096 |
| 4 |
| Elect Directors |
| Management |
| For |
| For |
|
|
333,096 |
| Lojas Renner |
| LREN3 |
| P6332C102 |
| 18-Apr-13 |
|
|
| Annual |
| Confirmed |
| 333,096 |
| 5 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| For |
|
|
333,096 |
| Lojas Renner |
| LREN3 |
| P6332C102 |
| 18-Apr-13 |
|
|
| Annual |
| Confirmed |
| 333,096 |
| 6 |
| Elect Fiscal Council Members |
| Management |
| For |
| For |
|
|
333,096 |
| Lojas Renner |
| LREN3 |
| P6332C102 |
| 18-Apr-13 |
|
|
| Annual |
| Confirmed |
| 333,096 |
| 7 |
| Approve Remuneration of Fiscal Council Members |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 3.1 |
| Elect Alfredo Egydio Arruda Villela Filho as Director |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 3.2 |
| Elect Alfredo Egydio Setubal as Director |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 3.3 |
| Elect Candido Botelho Bracher as Director |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 3.4 |
| Elect Demosthenes Madureira de Pinho Neto as Director |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 3.5 |
| Elect Gustavo Jorge Laboissiere Loyola as Independent Director |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 3.6 |
| Elect Henri Penchas as Director |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 3.7 |
| Elect Israel Vainboim as Independent Director |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 3.8 |
| Elect Nildemar Secches as Independent Director |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 3.9 |
| Elect Pedro Luiz Bodin Moraes as Independent Director |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 3.10 |
| Elect Pedro Moreira Salles as Director |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 3.11 |
| Elect Ricardo Villela Marino as Director |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 3.12 |
| Elect Roberto Egydio Setubal as Director |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 4.1 |
| Elect Alberto Sozin Furuguem as Fiscal Council Member |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 4.2 |
| Elect Iran Siqueira Lima as Fiscal Council Member |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 4.3 |
| Elect Joao Costa as Alternate Fiscal Council Member |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 4.4 |
| Elect Jose Caruso Cruz Henriques as Alternate Fiscal Council Member |
| Management |
| For |
| For |
|
|
106,300 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 19-Apr-13 |
|
|
| Annual |
| Confirmed |
| 106,300 |
| 5 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| Against |
| Once again the company has failed to disclose the maximum remuneration paid to its executives and board members, thus not complying with CVM rules and we should support CVM on their efforts to improve transparency. |
540,000 |
| Vina Concha y Toro SA |
| CONCHATORO |
| P9796J100 |
| 23-Apr-13 |
| 17-Apr-13 |
| Annual |
| Confirmed |
| 540,000 |
| 1 |
| Accept Annual Report, Financial Statements and External Auditors’ Report for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
540,000 |
| Vina Concha y Toro SA |
| CONCHATORO |
| P9796J100 |
| 23-Apr-13 |
| 17-Apr-13 |
| Annual |
| Confirmed |
| 540,000 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
540,000 |
| Vina Concha y Toro SA |
| CONCHATORO |
| P9796J100 |
| 23-Apr-13 |
| 17-Apr-13 |
| Annual |
| Confirmed |
| 540,000 |
| 3 |
| Elect External Auditors and Designate Risk Assessment Companies |
| Management |
| For |
| Abstain |
| No information was released on this topic. |
540,000 |
| Vina Concha y Toro SA |
| CONCHATORO |
| P9796J100 |
| 23-Apr-13 |
| 17-Apr-13 |
| Annual |
| Confirmed |
| 540,000 |
| 4 |
| Approve Remuneration of Directors |
| Management |
| For |
| For |
|
|
540,000 |
| Vina Concha y Toro SA |
| CONCHATORO |
| P9796J100 |
| 23-Apr-13 |
| 17-Apr-13 |
| Annual |
| Confirmed |
| 540,000 |
| 5 |
| Approve Remuneration and Budget of Directors’ Committee |
| Management |
| For |
| For |
|
|
540,000 |
| Vina Concha y Toro SA |
| CONCHATORO |
| P9796J100 |
| 23-Apr-13 |
| 17-Apr-13 |
| Annual |
| Confirmed |
| 540,000 |
| 6 |
| Designate Newspaper to Publish Meeting Announcements |
| Management |
| For |
| For |
|
|
540,000 |
| Vina Concha y Toro SA |
| CONCHATORO |
| P9796J100 |
| 23-Apr-13 |
| 17-Apr-13 |
| Annual |
| Confirmed |
| 540,000 |
| 7 |
| Receive Special Auditors’ Report Regarding Related-Party Transactions |
| Management |
|
|
|
|
|
|
540,000 |
| Vina Concha y Toro SA |
| CONCHATORO |
| P9796J100 |
| 23-Apr-13 |
| 17-Apr-13 |
| Annual |
| Confirmed |
| 540,000 |
| 8 |
| Other Business (Voting) |
| Management |
| For |
| Against |
| Standard item in Chile, in which new voting items can be raised during the meeting. |
251,844 |
| Weg S.A |
| WEGE3 |
| P9832B129 |
| 23-Apr-13 |
|
|
| Annual |
| Confirmed |
| 251,844 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
251,844 |
| Weg S.A |
| WEGE3 |
| P9832B129 |
| 23-Apr-13 |
|
|
| Annual |
| Confirmed |
| 251,844 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
251,844 |
| Weg S.A |
| WEGE3 |
| P9832B129 |
| 23-Apr-13 |
|
|
| Annual |
| Confirmed |
| 251,844 |
| 3 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| Against |
| Compensation plan to be approved for 2013 is 3.5 percent compared to 2012. However, the company does not include stock option plan as part of remuneration, omitting therefore individual and total disclosure of equity compensation. |
251,844 |
| Weg S.A |
| WEGE3 |
| P9832B129 |
| 23-Apr-13 |
|
|
| Annual |
| Confirmed |
| 251,844 |
| 4 |
| Elect Fiscal Council Members |
| Management |
| For |
| Abstain |
| All required details were provided but the company has failed to unbundle the election. |
251,844 |
| Weg S.A |
| WEGE3 |
| P9832B129 |
| 23-Apr-13 |
|
|
| Annual |
| Confirmed |
| 251,844 |
| 5 |
| Approve Remuneration for Fiscal Council Members |
| Management |
| For |
| For |
|
|
251,844 |
| Weg S.A |
| WEGE3 |
| P9832B129 |
| 23-Apr-13 |
|
|
| Annual |
| Confirmed |
| 251,844 |
| 6 |
| Designate Newspapers to Publish Company Announcements |
| Management |
| For |
| For |
|
|
98,000 |
| Empresas Copec SA |
| COPEC |
| P7847L108 |
| 24-Apr-13 |
| 18-Apr-13 |
| Annual |
| Confirmed |
| 98,000 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year 2012; Present Current Company Standing Report |
| Management |
| For |
| For |
|
|
98,000 |
| Empresas Copec SA |
| COPEC |
| P7847L108 |
| 24-Apr-13 |
| 18-Apr-13 |
| Annual |
| Confirmed |
| 98,000 |
| 2 |
| Approve Special Auditors’ Report Regarding Related-Party Transactions |
| Management |
| For |
| For |
|
|
98,000 |
| Empresas Copec SA |
| COPEC |
| P7847L108 |
| 24-Apr-13 |
| 18-Apr-13 |
| Annual |
| Confirmed |
| 98,000 |
| 3 |
| Approve Remuneration of Directors |
| Management |
| For |
| Abstain |
| Amounts proposed for 2013 were not disclosed ahead of the meeting. Although this is not a requirement under Chilean regulation we have seen other companies adopting this so worth encouraging them to follow the same route. |
98,000 |
| Empresas Copec SA |
| COPEC |
| P7847L108 |
| 24-Apr-13 |
| 18-Apr-13 |
| Annual |
| Confirmed |
| 98,000 |
| 4 |
| Approve Remuneration and Budget of Directors’ Committee; Present Report on Directors’ Committee Expenses and Activities |
| Management |
| For |
| Abstain |
| Amounts proposed for 2013 were not disclosed ahead of the meeting. Although this is not a requirement under Chilean regulation we have seen other companies adopting this so worth encouraging them to follow the same route. |
98,000 |
| Empresas Copec SA |
| COPEC |
| P7847L108 |
| 24-Apr-13 |
| 18-Apr-13 |
| Annual |
| Confirmed |
| 98,000 |
| 5 |
| Elect External Auditor and Designate Risk Assessment Companies |
| Management |
| For |
| For |
|
|
98,000 |
| Empresas Copec SA |
| COPEC |
| P7847L108 |
| 24-Apr-13 |
| 18-Apr-13 |
| Annual |
| Confirmed |
| 98,000 |
| 6 |
| Other Business (Voting) |
| Management |
| For |
| Against |
| Open item in the agenda, which doesn’t allow investors voting via proxy to assess the impact of discussions that may be raised during the meeting. |
84,144 |
| Inversiones Aguas Metropolitanas SA |
| IAM |
| P58595102 |
| 24-Apr-13 |
| 01-Apr-13 |
| Annual |
| Confirmed |
| 84,144 |
| 1 |
| Accept External Auditor’s Reports, Annual Report and Financial Statements for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
84,144 |
| Inversiones Aguas Metropolitanas SA |
| IAM |
| P58595102 |
| 24-Apr-13 |
| 01-Apr-13 |
| Annual |
| Confirmed |
| 84,144 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
84,144 |
| Inversiones Aguas Metropolitanas SA |
| IAM |
| P58595102 |
| 24-Apr-13 |
| 01-Apr-13 |
| Annual |
| Confirmed |
| 84,144 |
| 3 |
| Approve Dividend Policy |
| Management |
| For |
| For |
|
|
84,144 |
| Inversiones Aguas Metropolitanas SA |
| IAM |
| P58595102 |
| 24-Apr-13 |
| 01-Apr-13 |
| Annual |
| Confirmed |
| 84,144 |
| 4 |
| Approve Special Auditors’ Report Regarding Related-Party Transactions |
| Management |
| For |
| For |
|
|
84,144 |
| Inversiones Aguas Metropolitanas SA |
| IAM |
| P58595102 |
| 24-Apr-13 |
| 01-Apr-13 |
| Annual |
| Confirmed |
| 84,144 |
| 5 |
| Elect External Auditors |
| Management |
| For |
| For |
|
|
84,144 |
| Inversiones Aguas Metropolitanas SA |
| IAM |
| P58595102 |
| 24-Apr-13 |
| 01-Apr-13 |
| Annual |
| Confirmed |
| 84,144 |
| 6 |
| Designate Risk Assessment Companies |
| Management |
| For |
| For |
|
|
84,144 |
| Inversiones Aguas Metropolitanas SA |
| IAM |
| P58595102 |
| 24-Apr-13 |
| 01-Apr-13 |
| Annual |
| Confirmed |
| 84,144 |
| 7 |
| Approve Remuneration of Directors |
| Management |
| For |
| For |
|
|
84,144 |
| Inversiones Aguas Metropolitanas SA |
| IAM |
| P58595102 |
| 24-Apr-13 |
| 01-Apr-13 |
| Annual |
| Confirmed |
| 84,144 |
| 8 |
| Present Board’s Expense Report |
| Management |
| For |
| For |
|
|
84,144 |
| Inversiones Aguas Metropolitanas SA |
| IAM |
| P58595102 |
| 24-Apr-13 |
| 01-Apr-13 |
| Annual |
| Confirmed |
| 84,144 |
| 9 |
| Approve Remuneration and Budget of Directors’ Committee |
| Management |
| For |
| For |
|
|
84,144 |
| Inversiones Aguas Metropolitanas SA |
| IAM |
| P58595102 |
| 24-Apr-13 |
| 01-Apr-13 |
| Annual |
| Confirmed |
| 84,144 |
| 10 |
| Present Report on Activities Carried Out and Expenses Incurred by Directors’ Committee |
| Management |
| For |
| For |
|
|
84,144 |
| Inversiones Aguas Metropolitanas SA |
| IAM |
| P58595102 |
| 24-Apr-13 |
| 01-Apr-13 |
| Annual |
| Confirmed |
| 84,144 |
| 11 |
| Designate Newspaper to Publish Meeting Announcements |
| Management |
| For |
| For |
|
|
84,144 |
| Inversiones Aguas Metropolitanas SA |
| IAM |
| P58595102 |
| 24-Apr-13 |
| 01-Apr-13 |
| Annual |
| Confirmed |
| 84,144 |
| 12 |
| Other Business (Voting) |
| Management |
| For |
| Against |
| Common practice in Chile, in which any topic can be discussed, so we tend to vote against as we can not assess the impact from proposals that may be raised during the meeting. |
253,000 |
| Cia. Hering |
| HGTX3 |
| P50753105 |
| 25-Apr-13 |
|
|
| Annual |
| Confirmed |
| 253,000 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
253,000 |
| Cia. Hering |
| HGTX3 |
| P50753105 |
| 25-Apr-13 |
|
|
| Annual |
| Confirmed |
| 253,000 |
| 2 |
| Approve Capital Budget for Upcoming Fiscal Year |
| Management |
| For |
| For |
|
|
253,000 |
| Cia. Hering |
| HGTX3 |
| P50753105 |
| 25-Apr-13 |
|
|
| Annual |
| Confirmed |
| 253,000 |
| 3 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
253,000 |
| Cia. Hering |
| HGTX3 |
| P50753105 |
| 25-Apr-13 |
|
|
| Annual |
| Confirmed |
| 253,000 |
| 4 |
| Elect Directors |
| Management |
| For |
| Abstain |
| Bundled election. |
253,000 |
| Cia. Hering |
| HGTX3 |
| P50753105 |
| 25-Apr-13 |
|
|
| Annual |
| Confirmed |
| 253,000 |
| 5 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| For |
|
|
318,000 |
| Embotelladora Andina SA |
| ANDINA-B |
| P3697S103 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 318,000 |
| 1 |
| Accept Annual Report, Financial Statements and External Auditors’ Report for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
318,000 |
| Embotelladora Andina SA |
| ANDINA-B |
| P3697S103 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 318,000 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
318,000 |
| Embotelladora Andina SA |
| ANDINA-B |
| P3697S103 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 318,000 |
| 3 |
| Approve Dividend Policy |
| Management |
| For |
| For |
|
|
318,000 |
| Embotelladora Andina SA |
| ANDINA-B |
| P3697S103 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 318,000 |
| 4 |
| Elect Directors |
| Management |
| For |
| Abstain |
| Bundled election |
318,000 |
| Embotelladora Andina SA |
| ANDINA-B |
| P3697S103 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 318,000 |
| 5 |
| Approve Remuneration of Directors, Directors’ Committee and Audit Committee Members |
| Management |
| For |
| Abstain |
| Chilean companies are not required to disclose the amounts that are being proposed ahead of the meeting. However, although we don’t have any particular concern with remuneration levels, we are unable to assess the impact from the proposal. Worth abstaining and encourage the company to enhance disclosure. |
318,000 |
| Embotelladora Andina SA |
| ANDINA-B |
| P3697S103 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 318,000 |
| 6 |
| Elect External Auditors for Fiscal Year 2013 |
| Management |
| For |
| Abstain |
| The company did not provide disclosure of fees ahead of the meeting, so we should keep encouraging the company to enhance disclosure. |
318,000 |
| Embotelladora Andina SA |
| ANDINA-B |
| P3697S103 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 318,000 |
| 7 |
| Designate Risk Assessment Companies |
| Management |
| For |
| Abstain |
| Chilean companies are not required to disclose the amounts that are being proposed ahead of the meeting. However, although we don’t have any particular concern with remuneration levels, we are unable to assess the impact from the proposal. Worth abstaining and encourage the company to enhance disclosure. |
318,000 |
| Embotelladora Andina SA |
| ANDINA-B |
| P3697S103 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 318,000 |
| 8 |
| Receive Special Auditors’ Report Regarding Related-Party Transactions |
| Management |
|
|
|
|
|
|
318,000 |
| Embotelladora Andina SA |
| ANDINA-B |
| P3697S103 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 318,000 |
| 9 |
| Designate Newspaper to Publish Meeting Announcements |
| Management |
| For |
| For |
|
|
318,000 |
| Embotelladora Andina SA |
| ANDINA-B |
| P3697S103 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 318,000 |
| 10 |
| Other Business (Voting) |
| Management |
| For |
| Against |
| The open nature of this proposal disenfranchises investors voting via proxy who cannot assess the impacts of discussions that may be raised at the meeting. |
298,570 |
| Empresas CMPC SA |
| CMPC |
| P3712V107 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 298,570 |
| 1 |
| Approve Annual Report, Financial Statements and External Auditors’ Report for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
298,570 |
| Empresas CMPC SA |
| CMPC |
| P3712V107 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 298,570 |
| 2 |
| Approve Allocation of Income and Dividends of CLP 6 Per Share |
| Management |
| For |
| For |
|
|
298,570 |
| Empresas CMPC SA |
| CMPC |
| P3712V107 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 298,570 |
| 3 |
| Receive Special Auditors’ Report Regarding Related-Party Transactions |
| Management |
|
|
|
|
|
|
298,570 |
| Empresas CMPC SA |
| CMPC |
| P3712V107 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 298,570 |
| 4 |
| Elect External Auditors and Designate Risk Assessment Companies |
| Management |
| For |
| For |
|
|
298,570 |
| Empresas CMPC SA |
| CMPC |
| P3712V107 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 298,570 |
| 5 |
| Approve Remuneration of Directors; Approve Remuneration and Budget of Directors’ Committee |
| Management |
| For |
| Abstain |
| Amounts proposed were not disclosed ahead of the meeting. ISS recommends investors vote FOR on the basis that disclosure is not a requirement and the current level of remuneration is reasonable, however we have encouraged companies to enhance the level of disclosure so will ABSTAIN and express to the management our view. |
298,570 |
| Empresas CMPC SA |
| CMPC |
| P3712V107 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 298,570 |
| 6 |
| Approve Policy and Procedures on Dividend and Allocation of Income |
| Management |
| For |
| For |
|
|
298,570 |
| Empresas CMPC SA |
| CMPC |
| P3712V107 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 298,570 |
| 7 |
| Other Business (Voting) |
| Management |
| For |
| Against |
| Insufficient information. |
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 1a |
| Approve CEO’s and Auditor’s Report on Financial Statements and Statutory Reports for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 1b |
| Approve Board’s Report on Accounting Criteria Policy and Disclosure Policy in Accordance with Article 172-B of Company Law |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 1c |
| Approve Report Re: Activities and Operations Undertaken by the Board in Accordance with Article 28 IV (E) of Company Law |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 1d |
| Accept Individual and Consolidated Financial Statements and Statutory Reports for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 1e |
| Approve Audit Committee’s Report Regarding Company’s Subsidiaries in Accordance with Article 43 of Company Law |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 1f |
| Accept Report on Adherence to Fiscal Obligations in Accordance with Article 86 of Tax Law |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 2a |
| Approve Increase in Legal Reserves |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 2b |
| Approve Net Dividends in the Amount of MXN 4 per Share to Series B and BB Shareholders |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 2c |
| Set Maximum Nominal Amount of Share Repurchase Reserve for Fiscal Year 2013 in Accordance with Art. 56 of Mexican Securities Law; Approve Policy Related to Acquisition of Own Shares |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 3a |
| Approve Discharge of Board of Directors and CEO for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 3b.1 |
| Elect/Ratify Fernando Chico Pardo as Director |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 3b.2 |
| Elect/Ratify Jose Antonio Perez Anton as Director |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 3b.3 |
| Elect/Ratify Luis Chico Pardo as Director |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 3b.4 |
| Elect/Ratify Aurelio Perez Alonso as Director |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 3b.5 |
| Elect/Ratify Rasmus Christiansen as Director |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 3b.6 |
| Elect/Ratify Francisco Garza Zambrano as Director |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 3b.7 |
| Elect/Ratify Ricardo Guajardo Touche as Director |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 3b.8 |
| Elect/Ratify Guillermo Ortiz Martinez as Director |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 3b.9 |
| Elect/Ratify Roberto Servitje Sendra as Director |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 3c |
| Elect/Ratify Ricardo Guajardo Touche as Chairman of Audit Committee |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 3d |
| Elect/Ratify Fernando Chico Pardo, Jose Antonio Perez Anton and Roberto Servitje Sendra as Members of Nominations and Compensations Committee |
| Management |
| For |
| Abstain |
| Although the three nominees have been disclosed (namely Fernando Chico Pardo, Jose Antonio Perez Anton and Roberto Servitje Sendra), the resolution is bundled restricting our vote. It is more prudent to abstain but we will engage the company to suggest this item is unbundled in future. |
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 3e.1 |
| Approve Remuneration of Directors in the Amount of MXN 50,000 |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 3e.2 |
| Approve Remuneration of Operations Committee in the Amount of MXN 50,000 |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 3e.3 |
| Approve Remuneration of Nominations and Compensations Committee in the Amount of MXN 50,000 |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 3e.4 |
| Approve Remuneration of Audit Committee in the Amount of MXN 70,000 |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 3e.5 |
| Approve Remuneration of Acquisitions and Contracts Committee in the Amount of MXN 15,000 |
| Management |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste SAB de CV |
| ASURB MM |
| P4950Y100 |
| 25-Apr-13 |
| 25-Mar-13 |
| Annual |
| Confirmed |
| 51,134 |
| 4a |
| Authorize Claudio R. Gongora Morales, Rafael Robles Miaja and Ana Maria Poblanno Chanona to Ratify and Execute Approved Resolutions |
| Management |
| For |
| For |
|
|
692,000 |
| Parque Arauco SA |
| PARAUCO |
| P76328106 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 692,000 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year 2012; Receive External Auditor’s Report |
| Management |
| For |
| For |
|
|
692,000 |
| Parque Arauco SA |
| PARAUCO |
| P76328106 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 692,000 |
| 2 |
| Elect Directors |
| Management |
| For |
| Abstain |
| Bundled resolution. ISS recommended investors to go against as names were not disclosed ahead of the meeting, however the company did provide the names of the candidates appointed by minorities. |
692,000 |
| Parque Arauco SA |
| PARAUCO |
| P76328106 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 692,000 |
| 3 |
| Approve Remuneration of Directors for Fiscal Year 2013 and Accept Expense Report of Board of Directors for Fiscal Year 2012 |
| Management |
| For |
| For |
| Although disclosure of proposal ahead of the meeting is not required under Chilean regulation we saw other companies providing such information so worth Abstaining and encourage the company to enhance disclosure. |
692,000 |
| Parque Arauco SA |
| PARAUCO |
| P76328106 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 692,000 |
| 4 |
| Present Report Re: Directors’ Committee Activities and Expenses; Fix Their Remuneration and Budget |
| Management |
|
|
|
|
|
|
692,000 |
| Parque Arauco SA |
| PARAUCO |
| P76328106 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 692,000 |
| 5 |
| Receive Special Auditors’ Report Regarding Related-Party Transactions |
| Management |
|
|
|
|
|
|
692,000 |
| Parque Arauco SA |
| PARAUCO |
| P76328106 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 692,000 |
| 6 |
| Elect External Auditors |
| Management |
| For |
| For |
|
|
692,000 |
| Parque Arauco SA | �� | PARAUCO |
| P76328106 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 692,000 |
| 7 |
| Designate Risk Assessment Companies |
| Management |
| For |
| For |
|
|
692,000 |
| Parque Arauco SA |
| PARAUCO |
| P76328106 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 692,000 |
| 8 |
| Designate Newspaper to Publish Meeting Announcements |
| Management |
| For |
| For |
|
|
692,000 |
| Parque Arauco SA |
| PARAUCO |
| P76328106 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 692,000 |
| 9 |
| Approve Allocation of Income and Dividend Policy |
| Management |
| For |
| For |
|
|
692,000 |
| Parque Arauco SA |
| PARAUCO |
| P76328106 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 692,000 |
| 10 |
| Other Business (Voting) |
| Management |
| For |
| For |
| The open nature of this proposal disenfranchises investors voting via proxy who cannot assess the impacts of discussions that may be raised at the meeting. |
18,800 |
| Sociedad Quimica y Minera de Chile SA SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 18,800 |
| 1 |
| Accept Annual Report, Financial Statements, Internal Statutory Auditors’ Report and External Auditors’ Reports, and Statutory Reports for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
18,800 |
| Sociedad Quimica y Minera de Chile SA SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 18,800 |
| 2 |
| Elect External Auditors and Internal Statutory Auditors |
| Management |
| For |
| Abstain |
| The board proposes PWC as the preferred option followed by Deloitte and KPMG. The company provided full disclosure of the proposal including audit fees which looks reasonable, but involvement of PWC on LaPolar event and subsequent investigations raises concerns with regards to the quality of the auditing process. |
18,800 |
| Sociedad Quimica y Minera de Chile SA SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 18,800 |
| 3 |
| Approve Special Auditors’ Report Regarding Related-Party Transactions |
| Management |
| For |
| For |
|
|
18,800 |
| Sociedad Quimica y Minera de Chile SA SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 18,800 |
| 4 |
| Approve Investment and Financing Policy |
| Management |
| For |
| For |
|
|
18,800 |
| Sociedad Quimica y Minera de Chile SA SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 18,800 |
| 5 |
| Approve Allocation of Income and Dividends, and Dividend Policy |
| Management |
| For |
| For |
|
|
18,800 |
| Sociedad Quimica y Minera de Chile SA SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 18,800 |
| 6 |
| Receive Report on Board’s Expenses |
| Management |
| For |
| For |
|
|
18,800 |
| Sociedad Quimica y Minera de Chile SA SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 18,800 |
| 7 |
| Elect Directors and Fix Their Remuneration |
| Management |
| For |
| Abstain |
| Bundled resolution and names of the candidates were not publicly disclosed ahead of the meeting as usual in Chile. However, the company provided full disclosure on proposed remuneration and we don’t have any particular issue against the current board so will abstain and encourage the company to unbundle the proposal going forward. |
18,800 |
| Sociedad Quimica y Minera de Chile SA SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 18,800 |
| 8 |
| Receive Issues Related to Directors’ and Audit Committees |
| Management |
| For |
| For |
|
|
18,800 |
| Sociedad Quimica y Minera de Chile SA SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-13 |
| 19-Apr-13 |
| Annual |
| Confirmed |
| 18,800 |
| 9 |
| Other Business (Voting) |
| Management |
| For |
| Against |
| Due to the open nature of the item we are unable to assess the impact of matters discussed at the meeting. |
18,518 |
| AntarChile SA |
| ANTARCHILE |
| P0362E138 |
| 26-Apr-13 |
| 20-Apr-13 |
| Annual |
| Confirmed |
| 18,518 |
| 1 |
| Accept Annual Report, Financial Statements and External Auditors’ Report for Fiscal Year 2012; Present Current Company Standing Report |
| Management |
| For |
| For |
|
|
18,518 |
| AntarChile SA |
| ANTARCHILE |
| P0362E138 |
| 26-Apr-13 |
| 20-Apr-13 |
| Annual |
| Confirmed |
| 18,518 |
| 2 |
| Elect Directors |
| Management |
| For |
| Abstain |
| In line with market practices the name of the candidates were not disclosed ahead of the meeting. |
18,518 |
| AntarChile SA |
| ANTARCHILE |
| P0362E138 |
| 26-Apr-13 |
| 20-Apr-13 |
| Annual |
| Confirmed |
| 18,518 |
| 3 |
| Approve Special Auditors’ Report Regarding Related-Party Transactions |
| Management |
| For |
| For |
|
|
18,518 |
| AntarChile SA |
| ANTARCHILE |
| P0362E138 |
| 26-Apr-13 |
| 20-Apr-13 |
| Annual |
| Confirmed |
| 18,518 |
| 4 |
| Approve Remuneration of Directors |
| Management |
| For |
| Abstain |
| Although remuneration was disclosed in the FY12 financials, the company failed to disclose the amounts proposed for 2013. |
18,518 |
| AntarChile SA |
| ANTARCHILE |
| P0362E138 |
| 26-Apr-13 |
| 20-Apr-13 |
| Annual |
| Confirmed |
| 18,518 |
| 5 |
| Approve Remuneration and Budget of Directors’ Committee |
| Management |
| For |
| Abstain |
| Although remuneration was disclosed in the FY12 financials, the company failed to disclose the amounts proposed for 2013. |
18,518 |
| AntarChile SA |
| ANTARCHILE |
| P0362E138 |
| 26-Apr-13 |
| 20-Apr-13 |
| Annual |
| Confirmed |
| 18,518 |
| 6 |
| Elect External Auditor and Designate Risk Assessment Companies |
| Management |
| For |
| For |
|
|
18,518 |
| AntarChile SA |
| ANTARCHILE |
| P0362E138 |
| 26-Apr-13 |
| 20-Apr-13 |
| Annual |
| Confirmed |
| 18,518 |
| 7 |
| Other Business (Voting) |
| Management |
| For |
| Against |
| Due to the open nature of the proposal we are unable to assess the impacts of eventual discussions raised during the meeting. |
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Special |
| Confirmed |
| 1,984,000 |
| 1 |
| Amend Article 2 of Bylaws Re: Exclusion of Ixe Banco and Fincasa Hipotecaria; Change Company Names from Ixe Soluciones to Solida Administradora de Portafolios SOFOM and from Ixe Fondos to Operadora de Fondos Banorte Ixe |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Special |
| Confirmed |
| 1,984,000 |
| 2 |
| Approve Text and Subscribe New Agreement of Shared Responsibilities Including all of Grupo Financiero Banorte’s Entities |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Special |
| Confirmed |
| 1,984,000 |
| 3 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Special |
| Confirmed |
| 1,984,000 |
| 4 |
| Approve Minutes of Meeting |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 2 |
| Approve Allocation of Income |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a1 |
| Elect Guillermo Ortiz Martinez as Board Chairman |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a2 |
| Elect Bertha Gonzalez Moreno as Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a3 |
| Elect David Villarreal Montemayor as Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a4 |
| Elect Manuel Saba Ades as Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a5 |
| Elect Alfredo Elias Ayub as Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a6 |
| Elect Herminio Blanco Mendoza as Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a7 |
| Elect Everardo Elizondo Almaguer as Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a8 |
| Elect Patricia Armendariz Guerra as Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a9 |
| Elect Armando Garza Sada as Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a10 |
| Elect Hector Reyes Retana as Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a11 |
| Elect Juan Carlos Braniff Hierro as Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a12 |
| Elect Alejandro Burillo Azcarraga as Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a13 |
| Elect Miguel Aleman Magnani as Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a14 |
| Elect Enrique Castillo Sanchez Mejorada as Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a15 |
| Elect Alejandro Valenzuela del Rio as Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a16 |
| Elect Jesus O. Garza Martinez as Alternate Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a17 |
| Elect Juan Antonio Gonzalez Moreno as Alternate Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a18 |
| Elect Jose G. Garza Montemayor as Alternate Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a19 |
| Elect Alberto Saba Ades as Alternate Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a20 |
| Elect Isaac Becker Kabacnik as Alternate Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a21 |
| Elect Manuel Aznar Nicolin as Alternate Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a22 |
| Elect Ramon A. Leal Chapa as Alternate Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a23 |
| Elect Julio Cesar Mendez Rubio as Alternate Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a24 |
| Elect Guillermo Mascarenas Milmo as Alternate Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a25 |
| Elect Javier Molinar Horcasitas as Alternate Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.a26 |
| Elect Jose Marcos Ramirez Miguel as Alternate Director |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.b |
| Approve Directors Liability and Indemnification |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 3.c |
| Elect Hector Avila Flores as Board Secretary; Elect Jose Morales Martinez as Undersecretary Who Will Not Be Part of Board |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 4 |
| Approve Remuneration of Directors |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 5.a |
| Elect Hector Reyes Retana as Chairman of Audit and Corporate Practices Committee |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 5.b |
| Elect Herminio Blanco Mendoza as Member of Audit and Corporate Practices Committee |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 5.c |
| Elect Manuel Aznar Nicolin as Member of Audit and Corporate Practices Committee |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 5.d |
| Elect Patricia Armendariz Guerra as Member of Audit and Corporate Practices Committee |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 5.e |
| Elect Julio Cesar Mendez Rubio as Member of Audit and Corporate Practices Committee |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 6.a |
| Elect Juan Carlos Braniff Hierro as Chairman of Risk Policies Committee |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 6.b |
| Elect Alfredo Elias Ayub as Member of Risk Policies Committee |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 6c |
| Elect Everardo Elizondo Almaguer as Member of Risk Policies Committee |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 6d |
| Elect Manuel Aznar Nicolin as Member of Risk Policies Committee |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 6e |
| Elect Alejandro Valenzuela del Rio as Member of Risk Policies Committee |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 6f |
| Elect Manuel Romo Villafuerte as Member of Risk Policies Committee |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 6g |
| Elect Fernando Solis Soberon as Member of Risk Policies Committee |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 6h |
| Elect Gerardo Zamora Nanez as Member of Risk Policies Committee |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 6i |
| Elect Marcos Ramirez Miguel as Member of Risk Policies Committee |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 6j |
| Elect David Aaron Margolin Schabes as Secretary of Risk Policies Committee |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 7 |
| Approve Report on Share Repurchase; Set Aggregate Nominal Amount of Share Repurchase Program |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 8 |
| Approve Modification to Integration and Duties of Regional Boards |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 9 |
| Authorize Board to Obtain Certification of Company Bylaws |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 10 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| Management |
| For |
| For |
|
|
1,984,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 26-Apr-13 |
| 15-Apr-13 |
| Annual |
| Confirmed |
| 1,984,000 |
| 11 |
| Approve Minutes of Meeting |
| Management |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| WSON11 BZ |
| G96810117 |
| 26-Apr-13 |
| 22-Mar-13 |
| Annual |
| Confirmed |
| 289,400 |
| 1 |
| Accept Financial Statements and Statutory Reports |
| Management |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| WSON11 BZ |
| G96810117 |
| 26-Apr-13 |
| 22-Mar-13 |
| Annual |
| Confirmed |
| 289,400 |
| 2 |
| Approve that No Sum be Credited to Legal Reserve |
| Management |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| WSON11 BZ |
| G96810117 |
| 26-Apr-13 |
| 22-Mar-13 |
| Annual |
| Confirmed |
| 289,400 |
| 3 |
| Approve that No Sum be Set Aside to Contingency Reserve |
| Management |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| WSON11 BZ |
| G96810117 |
| 26-Apr-13 |
| 22-Mar-13 |
| Annual |
| Confirmed |
| 289,400 |
| 4 |
| Approve Distribution $18,070,576 |
| Management |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| WSON11 BZ |
| G96810117 |
| 26-Apr-13 |
| 22-Mar-13 |
| Annual |
| Confirmed |
| 289,400 |
| 5 |
| Ratify KPMG as Auditors |
| Management |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| WSON11 BZ |
| G96810117 |
| 26-Apr-13 |
| 22-Mar-13 |
| Annual |
| Confirmed |
| 289,400 |
| 6 |
| Authorize Board to Fix Remuneration of the Auditors |
| Management |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| WSON11 BZ |
| G96810117 |
| 26-Apr-13 |
| 22-Mar-13 |
| Annual |
| Confirmed |
| 289,400 |
| 7 |
| Fix Number of Directors at Seven |
| Management |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| WSON11 BZ |
| G96810117 |
| 26-Apr-13 |
| 22-Mar-13 |
| Annual |
| Confirmed |
| 289,400 |
| 8.1 |
| Elect Cezar Baiao as Director |
| Management |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| WSON11 BZ |
| G96810117 |
| 26-Apr-13 |
| 22-Mar-13 |
| Annual |
| Confirmed |
| 289,400 |
| 8.2 |
| Elect Paulo Fernando Fleury as Director |
| Management |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| WSON11 BZ |
| G96810117 |
| 26-Apr-13 |
| 22-Mar-13 |
| Annual |
| Confirmed |
| 289,400 |
| 8.3 |
| Elect Felipe Gutterres as Director |
| Management |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| WSON11 BZ |
| G96810117 |
| 26-Apr-13 |
| 22-Mar-13 |
| Annual |
| Confirmed |
| 289,400 |
| 8.4 |
| Elect Claudio Marote as Director |
| Management |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| WSON11 BZ |
| G96810117 |
| 26-Apr-13 |
| 22-Mar-13 |
| Annual |
| Confirmed |
| 289,400 |
| 8.5 |
| Elect Andres Rozental as Director |
| Management |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| WSON11 BZ |
| G96810117 |
| 26-Apr-13 |
| 22-Mar-13 |
| Annual |
| Confirmed |
| 289,400 |
| 8.6 |
| Elect William Henry Salomon as Director |
| Management |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| WSON11 BZ |
| G96810117 |
| 26-Apr-13 |
| 22-Mar-13 |
| Annual |
| Confirmed |
| 289,400 |
| 8.7 |
| Elect Jose Francisco Gouvea Vieira as Director |
| Management |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| WSON11 BZ |
| G96810117 |
| 26-Apr-13 |
| 22-Mar-13 |
| Annual |
| Confirmed |
| 289,400 |
| 9.1 |
| Appoint Jose Francisco Gouvea Vieira as Chairman until 2014 AGM |
| Management |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| WSON11 BZ |
| G96810117 |
| 26-Apr-13 |
| 22-Mar-13 |
| Annual |
| Confirmed |
| 289,400 |
| 9.2 |
| Appoint William Henry Salomon as Deputy Chairman until 2014 AGM |
| Management |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 29-Apr-13 |
| 23-Apr-13 |
| Annual |
| Confirmed |
| 25,113,969 |
| 1 |
| Approve Annual Report, Financial Statements and External Auditors’ Report for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 29-Apr-13 |
| 23-Apr-13 |
| Annual |
| Confirmed |
| 25,113,969 |
| 2 |
| Approve Allocation of Income and Dividends of CLP 1.24 Per Share |
| Management |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 29-Apr-13 |
| 23-Apr-13 |
| Annual |
| Confirmed |
| 25,113,969 |
| 3 |
| Elect External Auditors |
| Management |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 29-Apr-13 |
| 23-Apr-13 |
| Annual |
| Confirmed |
| 25,113,969 |
| 4 |
| Designate Risk Assessment Companies |
| Management |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 29-Apr-13 |
| 23-Apr-13 |
| Annual |
| Confirmed |
| 25,113,969 |
| 5 |
| Elect Juan Pedro Santa Maria as Alternate Director |
| Management |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 29-Apr-13 |
| 23-Apr-13 |
| Annual |
| Confirmed |
| 25,113,969 |
| 6 |
| Approve Remuneration of Directors |
| Management |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 29-Apr-13 |
| 23-Apr-13 |
| Annual |
| Confirmed |
| 25,113,969 |
| 7 |
| Approve Remuneration and Budget of Directors’ Committee and Audit Committee; Receive Directors and Audit Committee’s Report |
| Management |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 29-Apr-13 |
| 23-Apr-13 |
| Annual |
| Confirmed |
| 25,113,969 |
| 8 |
| Approve Special Auditors’ Report Regarding Related-Party Transactions |
| Management |
|
|
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 29-Apr-13 |
| 23-Apr-13 |
| Annual |
| Confirmed |
| 25,113,969 |
| 9 |
| Transact Other Business (Non-Voting) |
| Management |
|
|
| Against |
| The open nature of this proposal disenfranchises investors voting via proxy who cannot assess the impacts of discussions that may be raised at the meeting. |
307,800 |
| Bradespar S.A |
| BRAP4 |
| P1808W104 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 307,800 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
307,800 |
| Bradespar S.A |
| BRAP4 |
| P1808W104 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 307,800 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
307,800 |
| Bradespar S.A |
| BRAP4 |
| P1808W104 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 307,800 |
| 3 |
| Elect Directors |
| Management |
| For |
| Abstain |
| Bundled election. |
307,800 |
| Bradespar S.A |
| BRAP4 |
| P1808W104 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 307,800 |
| 4 |
| Elect Fiscal Council Members and Approve their Remuneration |
| Management |
| For |
| Abstain |
| The company has grouped two decisions into one single item and has also bundled the election. |
307,800 |
| Bradespar S.A |
| BRAP4 |
| P1808W104 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 307,800 |
| 5 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| Against |
| The company has failed to disclose the remuneration of its highest paid directors. |
255,366 |
| Companhia de Bebidas Das Americas - AMBEV |
| AMBV4 |
| P0273S127 |
| 29-Apr-13 |
|
|
| Special |
| Confirmed |
| 255,366 |
| 1 |
| Amend Articles to Reflect Changes in Capital |
| Management |
| For |
| For |
|
|
255,366 |
| Companhia de Bebidas Das Americas - AMBEV |
| AMBV4 |
| P0273S127 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 255,366 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
255,366 |
| Companhia de Bebidas Das Americas - AMBEV |
| AMBV4 |
| P0273S127 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 255,366 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
255,366 |
| Companhia de Bebidas Das Americas - AMBEV |
| AMBV4 |
| P0273S127 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 255,366 |
| 3 |
| Elect Fiscal Council Members and Alternates |
| Management |
| For |
| Abstain |
| Bundled election. |
255,366 |
| Companhia de Bebidas Das Americas - AMBEV |
| AMBV4 |
| P0273S127 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 255,366 |
| 4 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| For |
|
|
23,143 |
| LATAM Airlines Group SA |
| LAN |
| P61894104 |
| 29-Apr-13 |
| 23-Apr-13 |
| Annual |
| Confirmed |
| 23,143 |
| 1 |
| Approve Financial Statements and Statutory Reports for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
23,143 |
| LATAM Airlines Group SA |
| LAN |
| P61894104 |
| 29-Apr-13 |
| 23-Apr-13 |
| Annual |
| Confirmed |
| 23,143 |
| 2 |
| Approve Dividends |
| Management |
| For |
| For |
|
|
23,143 |
| LATAM Airlines Group SA |
| LAN |
| P61894104 |
| 29-Apr-13 |
| 23-Apr-13 |
| Annual |
| Confirmed |
| 23,143 |
| 3 |
| Approve Remuneration of Directors |
| Management |
| For |
| Abstain |
| Chilean companies are not required to disclosure the remuneration prior to the meeting, but abstention should the most appropriate alternative once we will not be aware of the proposed amount. |
23,143 |
| LATAM Airlines Group SA |
| LAN |
| P61894104 |
| 29-Apr-13 |
| 23-Apr-13 |
| Annual |
| Confirmed |
| 23,143 |
| 4 |
| Approve Remuneration and Budget of Directors’ Committee |
| Management |
| For |
| Abstain |
| Chilean companies are not required to disclosure the remuneration prior to the meeting, but abstention should the most appropriate alternative once we will not be aware of the proposed amount. |
23,143 |
| LATAM Airlines Group SA |
| LAN |
| P61894104 |
| 29-Apr-13 |
| 23-Apr-13 |
| Annual |
| Confirmed |
| 23,143 |
| 5 |
| Approve External Auditors, Designate Risk-Assessment Companies; Present Special Auditors’ Report Regarding Related-Party |
| Management |
| For |
| For |
|
|
23,143 |
| LATAM Airlines Group SA |
| LAN |
| P61894104 |
| 29-Apr-13 |
| 23-Apr-13 |
| Annual |
| Confirmed |
| 23,143 |
| 6 |
| Present Report Re: Processing, Printing, and Mailing Information Required by Chilean Law |
| Management |
| For |
| For |
|
|
23,143 |
| LATAM Airlines Group SA |
| LAN |
| P61894104 |
| 29-Apr-13 |
| 23-Apr-13 |
| Annual |
| Confirmed |
| 23,143 |
| 7 |
| Designate Newspaper to Publish Meeting Announcements |
| Management |
| For |
| For |
|
|
23,143 |
| LATAM Airlines Group SA |
| LAN |
| P61894104 |
| 29-Apr-13 |
| 23-Apr-13 |
| Annual |
| Confirmed |
| 23,143 |
| 8 |
| Other Business (Voting) |
| Management |
| For |
| Against |
| Common practice in Chile, in which any topic can be discussed, so we tend to vote against as we can not assess the impact from proposals that may be raised during the meeting. |
261,000 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 261,000 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
261,000 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 261,000 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
261,000 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 261,000 |
| 3.1 |
| Elect Jose Salim Mattar as Board Chairman |
| Management |
| For |
| For |
|
|
261,000 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 261,000 |
| 3.2 |
| Elect Antonio Claudio Brandao Resende as Vice-Chairman |
| Management |
| For |
| For |
|
|
261,000 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 261,000 |
| 3.3 |
| Elect Eugenio Pacelli Mattar as Director |
| Management |
| For |
| For |
|
|
261,000 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 261,000 |
| 3.4 |
| Elect Flavio Brandao Resende as Director |
| Management |
| For |
| For |
|
|
261,000 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 261,000 |
| 3.5 |
| Elect Maria Leticia de Freitas Costa as Independent Director |
| Management |
| For |
| For |
|
|
261,000 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 261,000 |
| 3.6 |
| Elect Jose Gallo as Independent Director |
| Management |
| For |
| For |
|
|
261,000 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 261,000 |
| 3.7 |
| Elect Oscar de Paula Bernardes Neto as Independent Director |
| Management |
| For |
| For |
|
|
261,000 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 261,000 |
| 3.8 |
| Elect Stefano Bonfiglio as Independent Director |
| Management |
| For |
| For |
|
|
261,000 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 261,000 |
| 4 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| For |
|
|
261,000 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 29-Apr-13 |
|
|
| Special |
| Confirmed |
| 261,000 |
| 1 |
| Authorize Capitalization of Reserves |
| Management |
| For |
| For |
|
|
261,000 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 29-Apr-13 |
|
|
| Special |
| Confirmed |
| 261,000 |
| 2 |
| Amend Articles to Reflect Changes in Capital |
| Management |
| For |
| For |
|
|
261,000 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 29-Apr-13 |
|
|
| Special |
| Confirmed |
| 261,000 |
| 3 |
| Amend Bonus Matching Plan |
| Management |
| For |
| For |
|
|
393,334 |
| Multiplan Empreendimentos Imobiliarios S.A |
| MULT3 |
| P69913104 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 393,334 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
393,334 |
| Multiplan Empreendimentos Imobiliarios S.A |
| MULT3 |
| P69913104 |
| 29-Apr-13 |
|
|
| Annual |
| Confirmed |
| 393,334 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
393,334 |
| Multiplan Empreendimentos Imobiliarios S.A |
| MULT3 |
| P69913104 |
| 29-Apr-13 |
|
|
| Special |
| Confirmed |
| 393,334 |
| 1 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| For |
|
|
393,334 |
| Multiplan Empreendimentos Imobiliarios S.A |
| MULT3 |
| P69913104 |
| 29-Apr-13 |
|
|
| Special |
| Confirmed |
| 393,334 |
| 2 |
| Amend Articles to Reflect Changes in Capital |
| Management |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 46,000 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 46,000 |
| 2 |
| Approve Capital Budget for Upcoming Fiscal Year |
| Management |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 46,000 |
| 3 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 46,000 |
| 4a |
| Elect Directors Appointed by Controlling Shareholder |
| Management |
| For |
| Abstain |
| The company has bundled the election of more than one candidate into a single voting item. |
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 46,000 |
| 4b |
| Elect Directors Appointed by Minority Shareholders |
| Management |
| For |
| For |
| We would like to vote FOR the election of Mauro Gentile Rodrigues da Cunha as representative of shareholders of ordinary shares and Jorge Gerdau Johannpeter as representative of shareholders of preferred shares. |
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 46,000 |
| 5 |
| Elect Board Chairman Appointed by Controlling Shareholder |
| Management |
| For |
| Abstain |
| The government seems to be increasing its influence over the business and in his role of chairman he doesn’t seem to be paying due regard to the interest of all shareholders including minorities. |
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 46,000 |
| 6a |
| Elect Fiscal Council Members Appointed by Controlling Shareholder |
| Management |
| For |
| Abstain |
| Bundled resolution. |
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 46,000 |
| 6b |
| Elect Fiscal Council Members Appointed by Minority Shareholders |
| Management |
| For |
| For |
| Vote FOR to elect Reginaldo Alexandre as representative of shareholders of ordinary shares (Mario Cordeiro Filho as alternate) and Walter Luis Bernardes Albertoni (Robert Lamb as alternative) as representative of preferred shares. |
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 46,000 |
| 7 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 46,000 |
| 1 |
| Authorize Capitalization of Reserves |
| Management |
| For |
| For |
|
|
1,292,433 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 1,292,433 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
1,292,433 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 1,292,433 |
| 2 |
| Approve Capital Budget for Upcoming Fiscal Year |
| Management |
| For |
| For |
|
|
1,292,433 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 1,292,433 |
| 3 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
1,292,433 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 1,292,433 |
| 4a |
| Elect Directors Appointed by Controlling Shareholder |
| Management |
| For |
| Abstain |
| The company has bundled the election of more than one candidate into a single voting item. |
1,292,433 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 1,292,433 |
| 4b |
| Elect Directors Appointed by Minority Shareholders |
| Management |
| For |
| For |
| We would like to vote FOR the election of Mauro Gentile Rodrigues da Cunha as representative of shareholders of ordinary shares and Jorge Gerdau Johannpeter as representative of shareholders of preferred shares. |
1,292,433 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 1,292,433 |
| 5 |
| Elect Board Chairman Appointed by Controlling Shareholder |
| Management |
| For |
| Abstain |
| The government seems to be increasing its influence over the business and in his role of chairman he doesn’t seem to be paying due regard to the interest of all shareholders including minorities. |
1,292,433 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 1,292,433 |
| 6a |
| Elect Fiscal Council Members Appointed by Controlling Shareholder |
| Management |
| For |
| Abstain |
| Bundled resolution. |
1,292,433 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 1,292,433 |
| 6b |
| Elect Fiscal Council Members Appointed by Minority Shareholders |
| Management |
| For |
| For |
| Vote FOR to elect Reginaldo Alexandre as representative of shareholders of ordinary shares (Mario Cordeiro Filho as alternate) and Walter Luis Bernardes Albertoni (Robert Lamb as alternative) as representative of preferred shares. |
1,292,433 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 1,292,433 |
| 7 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| For |
|
|
1,292,433 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 29-Apr-13 |
| 08-Apr-13 |
| Annual/Special |
| Confirmed |
| 1,292,433 |
| 1 |
| Authorize Capitalization of Reserves |
| Management |
| For |
| For |
|
|
294,667 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
|
|
| 30-Apr-13 |
|
|
| Annual |
| Confirmed |
| 294,667 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
294,667 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
|
|
| 30-Apr-13 |
|
|
| Annual |
| Confirmed |
| 294,667 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
294,667 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
|
|
| 30-Apr-13 |
|
|
| Annual |
| Confirmed |
| 294,667 |
| 3 |
| Approve Capital Budget for Upcoming Fiscal Year |
| Management |
| For |
| For |
|
|
294,667 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
|
|
| 30-Apr-13 |
|
|
| Annual |
| Confirmed |
| 294,667 |
| 4 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| For |
|
|
294,667 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
|
|
| 30-Apr-13 |
|
|
| Annual |
| Confirmed |
| 294,667 |
| 5 |
| Elect Directors |
| Management |
| For |
| For |
|
|
77,000 |
| SACI Falabella |
| FALABELLA |
| P3880F108 |
| 30-Apr-13 |
| 24-Apr-13 |
| Annual |
| Confirmed |
| 77,000 |
| 1 |
| Approve Annual Report, Financial Statements and External Auditors’ Report for Fiscal Year 2012 |
| Management |
| For |
| For |
|
|
77,000 |
| SACI Falabella |
| FALABELLA |
| P3880F108 |
| 30-Apr-13 |
| 24-Apr-13 |
| Annual |
| Confirmed |
| 77,000 |
| 2 |
| Approve Allocation of Income |
| Management |
| For |
| For |
|
|
77,000 |
| SACI Falabella |
| FALABELLA |
| P3880F108 |
| 30-Apr-13 |
| 24-Apr-13 |
| Annual |
| Confirmed |
| 77,000 |
| 3 |
| Approve Dividends Policy |
| Management |
| For |
| For |
|
|
77,000 |
| SACI Falabella |
| FALABELLA |
| P3880F108 |
| 30-Apr-13 |
| 24-Apr-13 |
| Annual |
| Confirmed |
| 77,000 |
| 4 |
| Approve Remuneration of Directors |
| Management |
| For |
| For |
|
|
77,000 |
| SACI Falabella |
| FALABELLA |
| P3880F108 |
| 30-Apr-13 |
| 24-Apr-13 |
| Annual |
| Confirmed |
| 77,000 |
| 5 |
| Elect External Auditors and Risk Assessment Companies |
| Management |
| For |
| For |
|
|
77,000 |
| SACI Falabella |
| FALABELLA |
| P3880F108 |
| 30-Apr-13 |
| 24-Apr-13 |
| Annual |
| Confirmed |
| 77,000 |
| 6 |
| Designate Newspaper to Publish Meeting Announcements |
| Management |
| For |
| For |
|
|
77,000 |
| SACI Falabella |
| FALABELLA |
| P3880F108 |
| 30-Apr-13 |
| 24-Apr-13 |
| Annual |
| Confirmed |
| 77,000 |
| 7 |
| Approve Special Auditors’ Report Regarding Related-Party Transactions |
| Management |
| For |
| For |
|
|
77,000 |
| SACI Falabella |
| FALABELLA |
| P3880F108 |
| 30-Apr-13 |
| 24-Apr-13 |
| Annual |
| Confirmed |
| 77,000 |
| 8 |
| Approve Remuneration and Budget of Directors’ Committee; Receive Directors Committee’s Report |
| Management |
| For |
| For |
|
|
77,000 |
| SACI Falabella |
| FALABELLA |
| P3880F108 |
| 30-Apr-13 |
| 24-Apr-13 |
| Annual |
| Confirmed |
| 77,000 |
| 9 |
| Other Business (Voting) |
| Management |
| For |
| Against |
| Due to the open nature of the item we are unable to assess the impact of matters discussed at the meeting. |
154,200 |
| Valid Solucoes e Serv. Seg. Meios Pag. Ident. S.A |
| VLID3 |
| P0282R102 |
| 30-Apr-13 |
|
|
| Annual |
| Confirmed |
| 154,200 |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2012 |
| Management |
| For |
| For |
|
|
154,200 |
| Valid Solucoes e Serv. Seg. Meios Pag. Ident. S.A |
| VLID3 |
| P0282R102 |
| 30-Apr-13 |
|
|
| Annual |
| Confirmed |
| 154,200 |
| 2 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
154,200 |
| Valid Solucoes e Serv. Seg. Meios Pag. Ident. S.A |
| VLID3 |
| P0282R102 |
| 30-Apr-13 |
|
|
| Annual |
| Confirmed |
| 154,200 |
| 3 |
| Fix Board Size and Elect Directors |
| Management |
| For |
| Abstain |
| Bundled election. |
154,200 |
| Valid Solucoes e Serv. Seg. Meios Pag. Ident. S.A |
| VLID3 |
| P0282R102 |
| 30-Apr-13 |
|
|
| Annual |
| Confirmed |
| 154,200 |
| 4 |
| Approve Remuneration of Company’s Management |
| Management |
| For |
| For |
|
|
260,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 02-May-13 |
| 17-Apr-13 |
| Annual |
| Confirmed |
| 260,000 |
| 1 |
| Receive and Approve Board’s and Auditor’s Reports |
| Management |
| For |
| For |
|
|
260,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 02-May-13 |
| 17-Apr-13 |
| Annual |
| Confirmed |
| 260,000 |
| 2 |
| Approve Consolidated Financial Statements |
| Management |
| For |
| For |
|
|
260,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 02-May-13 |
| 17-Apr-13 |
| Annual |
| Confirmed |
| 260,000 |
| 3 |
| Approve Financial Statements |
| Management |
| For |
| For |
|
|
260,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 02-May-13 |
| 17-Apr-13 |
| Annual |
| Confirmed |
| 260,000 |
| 4 |
| Approve Allocation of Income and Dividends |
| Management |
| For |
| For |
|
|
260,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 02-May-13 |
| 17-Apr-13 |
| Annual |
| Confirmed |
| 260,000 |
| 5 |
| Approve Discharge of Directors |
| Management |
| For |
| For |
|
|
260,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 02-May-13 |
| 17-Apr-13 |
| Annual |
| Confirmed |
| 260,000 |
| 6 |
| Elect Directors |
| Management |
| For |
| Abstain |
| The company is proposing the re-election of all members of the board of directors for another 1 year term. Resolution is bundled. ISS recommended investors vote against based on the low level of independents (3 out of 10) and the accumulation of chairman and CEO roles by Mr. Paolo Rocca. Given the short notice for the voting we could not engage with the company so will abstain for now and contact the company expressing our concern with regards to the board composition. |
260,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 02-May-13 |
| 17-Apr-13 |
| Annual |
| Confirmed |
| 260,000 |
| 7 |
| Approve Remuneration of Directors |
| Management |
| For |
| For |
|
|
260,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 02-May-13 |
| 17-Apr-13 |
| Annual |
| Confirmed |
| 260,000 |
| 8 |
| Approve Auditors and Authorize Board to Fix Their Remuneration |
| Management |
| For |
| For |
|
|
260,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 02-May-13 |
| 17-Apr-13 |
| Annual |
| Confirmed |
| 260,000 |
| 9 |
| Allow Electronic Distribution of Company Documents to Shareholders |
| Management |
| For |
| For |
|
|
154,200 |
| Valid Solucoes e Serv. Seg. Meios Pag. Ident. S.A |
| VLID3 |
| P0282R102 |
| 10-May-13 |
|
|
| Special |
| Confirmed |
| 154,200 |
| 1 |
| Amend Corporate Purpose |
| Management |
| For |
| For |
|
|
154,200 |
| Valid Solucoes e Serv. Seg. Meios Pag. Ident. S.A |
| VLID3 |
| P0282R102 |
| 10-May-13 |
|
|
| Special |
| Confirmed |
| 154,200 |
| 2 |
| Consolidate Bylaws |
| Management |
| For |
| For |
|
|
23,143 |
| LATAM Airlines Group SA |
| LAN |
| P61894104 |
| 11-Jun-13 |
| 05-Jun-13 |
| Special |
| Confirmed |
| 23,143 |
| 1 |
| Approve Increase in Capital in the Amount of USD 1 Billion via Share Issuance; Approve Assignment of Portion of Increase in Capital for Compensation Plan; Amend Bylaws Accordingly |
| Management |
| For |
| Abstain |
| Although we are supportive of the capital increase, the company has bundled two important matters into a single voting item and it has not disclosed the features of the plan for which part of the shares will be allocated. |
23,143 |
| LATAM Airlines Group SA |
| LAN |
| P61894104 |
| 11-Jun-13 |
| 05-Jun-13 |
| Special |
| Confirmed |
| 23,143 |
| 2 |
| Set Placement Price of 4.8 Million Shares Allocated to Compensation Plans; Adopt All Necessary Resolutions In Order To Implement Decisions and Bylaws Amendments Adopted by Meeting |
| Management |
| For |
| Against |
| The company has not disclosed the proposed exercise price for these shares and also according to ISS interpretations this plan allows for the repricing of options which isn’t in line with best CG practices. |
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Registrant: Aberdeen Latin America Equity Fund, Inc. | ||
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By (Signature and Title): | /s/ Christian Pittard |
|
| Christian Pittard |
|
| President |
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|
|
|
|
Date: August 22, 2013 |
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