UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT
COMPANY
INVESTMENT COMPANY ACT FILE NUMBER: 811-02631
NAME OF REGISTRANT: Chestnut Street Exchange
Fund
ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 223 Wilmington West Chester
Pike, Suite 216
Chadds Ford, PA 19137
NAME AND ADDRESS OF AGENT FOR SERVICE: Frederick C. Teufel, Jr.
Chestnut Street Exchange
Fund
223 Wilmington West Chester
Pike, Suite 216
Chadds Ford, PA 19137
REGISTRANT'S TELEPHONE NUMBER: 866-311-7541
DATE OF FISCAL YEAR END: 12/31
DATE OF REPORTING PERIOD: 07/01/2022 - 06/30/2023
Chestnut Street Exchange Fund
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3M COMPANY Agenda Number: 935791550
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Security: 88579Y101
Meeting Type: Annual
Meeting Date: 09-May-2023
Ticker: MMM
ISIN: US88579Y1010
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director for a term of one Mgmt For For
year: Thomas "Tony" K. Brown
1b. Election of Director for a term of one Mgmt For For
year: Anne H. Chow
1c. Election of Director for a term of one Mgmt For For
year: David B. Dillon
1d. Election of Director for a term of one Mgmt For For
year: Michael L. Eskew
1e. Election of Director for a term of one Mgmt For For
year: James R. Fitterling
1f. Election of Director for a term of one Mgmt For For
year: Amy E. Hood
1g. Election of Director for a term of one Mgmt For For
year: Suzan Kereere
1h. Election of Director for a term of one Mgmt For For
year: Gregory R. Page
1i. Election of Director for a term of one Mgmt For For
year: Pedro J. Pizarro
1j. Election of Director for a term of one Mgmt For For
year: Michael F. Roman
2. To ratify the appointment of Mgmt For For
PricewaterhouseCoopers LLP as 3M's
independent registered public accounting
firm.
3. Advisory approval of executive Mgmt For For
compensation.
4. Advisory approval on the frequency of Mgmt 1 Year For
advisory votes on executive compensation.
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ABBOTT LABORATORIES Agenda Number: 935777865
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Security: 002824100
Meeting Type: Annual
Meeting Date: 28-Apr-2023
Ticker: ABT
ISIN: US0028241000
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: R. J. Alpern Mgmt For For
1b. Election of Director: C. Babineaux-Fontenot Mgmt For For
1c. Election of Director: S. E. Blount Mgmt For For
1d. Election of Director: R. B. Ford Mgmt For For
1e. Election of Director: P. Gonzalez Mgmt For For
1f. Election of Director: M. A. Kumbier Mgmt For For
1g. Election of Director: D. W. McDew Mgmt For For
1h. Election of Director: N. McKinstry Mgmt For For
1i. Election of Director: M. G. O'Grady Mgmt For For
1j. Election of Director: M. F. Roman Mgmt For For
1k. Election of Director: D. J. Starks Mgmt For For
1l. Election of Director: J. G. Stratton Mgmt For For
2. Ratification of Ernst & Young LLP As Mgmt For For
Auditors
3. Say on Pay - An Advisory Vote on the Mgmt For For
Approval of Executive Compensation
4. Say When on Pay - An Advisory Vote on the Mgmt 1 Year For
Approval of the Frequency of Shareholder
Votes on Executive Compensation
5. Shareholder Proposal - Special Shareholder Shr Against For
Meeting Threshold
6. Shareholder Proposal - Independent Board Shr Against For
Chairman
7. Shareholder Proposal - Lobbying Disclosure Shr Against For
8. Shareholder Proposal - Incentive Shr For Against
Compensation
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AIR PRODUCTS AND CHEMICALS, INC. Agenda Number: 935746365
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Security: 009158106
Meeting Type: Annual
Meeting Date: 26-Jan-2023
Ticker: APD
ISIN: US0091581068
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Tonit M. Calaway Mgmt For For
1b. Election of Director: Charles Cogut Mgmt For For
1c. Election of Director: Lisa A. Davis Mgmt For For
1d. Election of Director: Seifollah Ghasemi Mgmt For For
1e. Election of Director: David H.Y. Ho Mgmt For For
1f. Election of Director: Edward L. Monser Mgmt For For
1g. Election of Director: Matthew H. Paull Mgmt For For
1h. Election of Director: Wayne T. Smith Mgmt For For
2. Advisory vote approving the compensation of Mgmt For For
the Company's executive officers.
3. Advisory vote on the frequency of future Mgmt 1 Year For
advisory votes on executive officer
compensation.
4. Ratify the appointment of Deloitte & Touche Mgmt For For
LLP as the Company's independent registered
public accounting firm for the fiscal year
ending September 30, 2023.
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ALPHABET INC. Agenda Number: 935830946
--------------------------------------------------------------------------------------------------------------------------
Security: 02079K305
Meeting Type: Annual
Meeting Date: 02-Jun-2023
Ticker: GOOGL
ISIN: US02079K3059
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Larry Page Mgmt For For
1b. Election of Director: Sergey Brin Mgmt For For
1c. Election of Director: Sundar Pichai Mgmt For For
1d. Election of Director: John L. Hennessy Mgmt For For
1e. Election of Director: Frances H. Arnold Mgmt For For
1f. Election of Director: R. Martin "Marty" Mgmt For For
Chavez
1g. Election of Director: L. John Doerr Mgmt For For
1h. Election of Director: Roger W. Ferguson Jr. Mgmt For For
1i. Election of Director: Ann Mather Mgmt For For
1j. Election of Director: K. Ram Shriram Mgmt For For
1k. Election of Director: Robin L. Washington Mgmt For For
2. Ratification of the appointment of Ernst & Mgmt For For
Young LLP as Alphabet's independent
registered public accounting firm for the
fiscal year ending December 31, 2023
3. Approval of amendment and restatement of Mgmt For For
Alphabet's Amended and Restated 2021 Stock
Plan to increase the share reserve by
170,000,000 (post stock split) shares of
Class C capital stock
4. Advisory vote to approve compensation Mgmt Against Against
awarded to named executive officers
5. Advisory vote on the frequency of advisory Mgmt 1 Year Against
votes to approve compensation awarded to
named executive officers
6. Stockholder proposal regarding a lobbying Shr Against For
report
7. Stockholder proposal regarding a congruency Shr Against For
report
8. Stockholder proposal regarding a climate Shr Against For
lobbying report
9. Stockholder proposal regarding a report on Shr For Against
reproductive rights and data privacy
10. Stockholder proposal regarding a human Shr Against For
rights assessment of data center siting
11. Stockholder proposal regarding a human Shr For Against
rights assessment of targeted ad policies
and practices
12. Stockholder proposal regarding algorithm Shr For Against
disclosures
13. Stockholder proposal regarding a report on Shr For Against
alignment of YouTube policies with
legislation
14. Stockholder proposal regarding a content Shr Against For
governance report
15. Stockholder proposal regarding a Shr For Against
performance review of the Audit and
Compliance Committee
16. Stockholder proposal regarding bylaws Shr For Against
amendment
17. Stockholder proposal regarding "executives Shr Against For
to retain significant stock"
18. Stockholder proposal regarding equal Shr For Against
shareholder voting
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ALTRIA GROUP, INC. Agenda Number: 935804965
--------------------------------------------------------------------------------------------------------------------------
Security: 02209S103
Meeting Type: Annual
Meeting Date: 18-May-2023
Ticker: MO
ISIN: US02209S1033
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Ian L.T. Clarke Mgmt For For
1b. Election of Director: Marjorie M. Connelly Mgmt For For
1c. Election of Director: R. Matt Davis Mgmt For For
1d. Election of Director: William F. Gifford, Mgmt For For
Jr.
1e. Election of Director: Jacinto J. Hernandez Mgmt For For
1f. Election of Director: Debra J. Kelly-Ennis Mgmt For For
1g. Election of Director: Kathryn B. McQuade Mgmt For For
1h. Election of Director: George Munoz Mgmt For For
1i. Election of Director: Nabil Y. Sakkab Mgmt For For
1j. Election of Director: Virginia E. Shanks Mgmt For For
1k. Election of Director: Ellen R. Strahlman Mgmt For For
1l. Election of Director: M. Max Yzaguirre Mgmt For For
2. Ratification of the Selection of Mgmt For For
Independent Registered Public Accounting
Firm
3. Non-Binding Advisory Vote to Approve the Mgmt For For
Compensation of Altria's Named Executive
Officers
4. Non-Binding Advisory Vote on the Frequency Mgmt 1 Year For
of Future Advisory Votes to Approve the
Compensation of Altria's Named Executive
Officers
5. Shareholder Proposal - Report on Congruence Shr Against For
of Political and Lobbying Expenditures with
Company Values and Policies
6. Shareholder Proposal - Commission a Civil Shr Against For
Rights Equity Audit
--------------------------------------------------------------------------------------------------------------------------
AMAZON.COM, INC. Agenda Number: 935825452
--------------------------------------------------------------------------------------------------------------------------
Security: 023135106
Meeting Type: Annual
Meeting Date: 24-May-2023
Ticker: AMZN
ISIN: US0231351067
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Jeffrey P. Bezos Mgmt For For
1b. Election of Director: Andrew R. Jassy Mgmt For For
1c. Election of Director: Keith B. Alexander Mgmt For For
1d. Election of Director: Edith W. Cooper Mgmt For For
1e. Election of Director: Jamie S. Gorelick Mgmt For For
1f. Election of Director: Daniel P. Mgmt For For
Huttenlocher
1g. Election of Director: Judith A. McGrath Mgmt For For
1h. Election of Director: Indra K. Nooyi Mgmt For For
1i. Election of Director: Jonathan J. Mgmt For For
Rubinstein
1j. Election of Director: Patricia Q. Mgmt For For
Stonesifer
1k. Election of Director: Wendell P. Weeks Mgmt For For
2. RATIFICATION OF THE APPOINTMENT OF ERNST & Mgmt For For
YOUNG LLP AS INDEPENDENT AUDITORS
3. ADVISORY VOTE TO APPROVE EXECUTIVE Mgmt Against Against
COMPENSATION
4. ADVISORY VOTE ON THE FREQUENCY OF FUTURE Mgmt 1 Year For
ADVISORY VOTES ON EXECUTIVE COMPENSATION
5. REAPPROVAL OF OUR 1997 STOCK INCENTIVE Mgmt Against Against
PLAN, AS AMENDED AND RESTATED, FOR PURPOSES
OF FRENCH TAX LAW
6. SHAREHOLDER PROPOSAL REQUESTING A REPORT ON Shr Against For
RETIREMENT PLAN OPTIONS
7. SHAREHOLDER PROPOSAL REQUESTING A REPORT ON Shr For Against
CUSTOMER DUE DILIGENCE
8. SHAREHOLDER PROPOSAL REQUESTING REPORTING Shr Against For
ON CONTENT AND PRODUCT REMOVAL/RESTRICTIONS
9. SHAREHOLDER PROPOSAL REQUESTING A REPORT ON Shr Against For
CONTENT REMOVAL REQUESTS
10. SHAREHOLDER PROPOSAL REQUESTING ADDITIONAL Shr For Against
REPORTING ON STAKEHOLDER IMPACTS
11. SHAREHOLDER PROPOSAL REQUESTING ALTERNATIVE Shr For Against
TAX REPORTING
12. SHAREHOLDER PROPOSAL REQUESTING ADDITIONAL Shr Against For
REPORTING ON CLIMATE LOBBYING
13. SHAREHOLDER PROPOSAL REQUESTING ADDITIONAL Shr Against For
REPORTING ON GENDER/RACIAL PAY
14. SHAREHOLDER PROPOSAL REQUESTING AN ANALYSIS Shr Against For
OF COSTS ASSOCIATED WITH DIVERSITY, EQUITY,
AND INCLUSION PROGRAMS
15. SHAREHOLDER PROPOSAL REQUESTING AN Shr For Against
AMENDMENT TO OUR BYLAWS TO REQUIRE
SHAREHOLDER APPROVAL FOR CERTAIN FUTURE
AMENDMENTS
16. SHAREHOLDER PROPOSAL REQUESTING ADDITIONAL Shr For Against
REPORTING ON FREEDOM OF ASSOCIATION
17. SHAREHOLDER PROPOSAL REQUESTING A NEW Shr Against For
POLICY REGARDING OUR EXECUTIVE COMPENSATION
PROCESS
18. SHAREHOLDER PROPOSAL REQUESTING ADDITIONAL Shr Against For
REPORTING ON ANIMAL WELFARE STANDARDS
19. SHAREHOLDER PROPOSAL REQUESTING AN Shr Against For
ADDITIONAL BOARD COMMITTEE
20. SHAREHOLDER PROPOSAL REQUESTING AN Shr Against For
ALTERNATIVE DIRECTOR CANDIDATE POLICY
21. SHAREHOLDER PROPOSAL REQUESTING A REPORT ON Shr For Against
WAREHOUSE WORKING CONDITIONS
22. SHAREHOLDER PROPOSAL REQUESTING A REPORT ON Shr Against For
PACKAGING MATERIALS
23. SHAREHOLDER PROPOSAL REQUESTING A REPORT ON Shr For Against
CUSTOMER USE OF CERTAIN TECHNOLOGIES
--------------------------------------------------------------------------------------------------------------------------
APPLE INC. Agenda Number: 935757700
--------------------------------------------------------------------------------------------------------------------------
Security: 037833100
Meeting Type: Annual
Meeting Date: 10-Mar-2023
Ticker: AAPL
ISIN: US0378331005
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a Election of Director: James Bell Mgmt For For
1b Election of Director: Tim Cook Mgmt For For
1c Election of Director: Al Gore Mgmt For For
1d Election of Director: Alex Gorsky Mgmt For For
1e Election of Director: Andrea Jung Mgmt For For
1f Election of Director: Art Levinson Mgmt For For
1g Election of Director: Monica Lozano Mgmt For For
1h Election of Director: Ron Sugar Mgmt For For
1i Election of Director: Sue Wagner Mgmt For For
2. Ratification of the appointment of Ernst & Mgmt For For
Young LLP as Apple's independent registered
public accounting firm for fiscal 2023
3. Advisory vote to approve executive Mgmt For For
compensation
4. Advisory vote on the frequency of advisory Mgmt 1 Year For
votes on executive compensation
5. A shareholder proposal entitled "Civil Shr Against For
Rights and Non-Discrimination Audit
Proposal"
6. A shareholder proposal entitled "Communist Shr Against For
China Audit"
7. A shareholder proposal on Board policy for Shr Against For
communication with shareholder proponents
8. A shareholder proposal entitled "Racial and Shr Against For
Gender Pay Gaps"
9. A shareholder proposal entitled Shr Against For
"Shareholder Proxy Access Amendments"
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BANK OF AMERICA CORPORATION Agenda Number: 935779782
--------------------------------------------------------------------------------------------------------------------------
Security: 060505104
Meeting Type: Annual
Meeting Date: 25-Apr-2023
Ticker: BAC
ISIN: US0605051046
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Sharon L. Allen Mgmt For For
1b. Election of Director: Jose (Joe) E. Almeida Mgmt For For
1c. Election of Director: Frank P. Bramble, Sr. Mgmt For For
1d. Election of Director: Pierre J. P. de Weck Mgmt For For
1e. Election of Director: Arnold W. Donald Mgmt For For
1f. Election of Director: Linda P. Hudson Mgmt For For
1g. Election of Director: Monica C. Lozano Mgmt For For
1h. Election of Director: Brian T. Moynihan Mgmt For For
1i. Election of Director: Lionel L. Nowell III Mgmt For For
1j. Election of Director: Denise L. Ramos Mgmt For For
1k. Election of Director: Clayton S. Rose Mgmt For For
1l. Election of Director: Michael D. White Mgmt For For
1m. Election of Director: Thomas D. Woods Mgmt For For
1n. Election of Director: Maria T. Zuber Mgmt For For
2. Approving our executive compensation (an Mgmt Against Against
advisory, non-binding "Say on Pay"
resolution)
3. A vote on the frequency of future "Say on Mgmt 1 Year For
Pay" resolutions (an advisory, non-binding
"Say on Frequency" resolution)
4. Ratifying the appointment of our Mgmt For For
independent registered public accounting
firm for 2023
5. Amending and restating the Bank of America Mgmt For For
Corporation Equity Plan
6. Shareholder proposal requesting an Shr Against For
independent board chair
7. Shareholder proposal requesting shareholder Shr Against For
ratification of termination pay
8. Shareholder proposal requesting greenhouse Shr Against For
gas reduction targets
9. Shareholder proposal requesting report on Shr Against For
transition planning
10. Shareholder proposal requesting adoption of Shr Against For
policy to cease financing new fossil fuel
supplies
11. Shareholder proposal requesting a racial Shr Against For
equity audit
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CABOT CORPORATION Agenda Number: 935759627
--------------------------------------------------------------------------------------------------------------------------
Security: 127055101
Meeting Type: Annual
Meeting Date: 09-Mar-2023
Ticker: CBT
ISIN: US1270551013
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1.1 Election of Director term expires in 2026: Mgmt For For
Juan Enriquez
1.2 Election of Director term expires in 2026: Mgmt For For
Sean D. Keohane
1.3 Election of Director term expires in 2026: Mgmt For For
William C. Kirby
1.4 Election of Director term expires in 2026: Mgmt For For
Raffiq Nathoo
2. To approve, in an advisory vote, Cabot's Mgmt For For
executive compensation.
3. To approve, on a non-binding advisory Mgmt 1 Year For
basis, the frequency of stockholder votes
on executive compensation.
4. To ratify the appointment of Deloitte & Mgmt For For
Touche LLP as Cabot's independent
registered public accounting firm for the
fiscal year ending September 30, 2023.
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CHECK POINT SOFTWARE TECHNOLOGIES LTD. Agenda Number: 935694427
--------------------------------------------------------------------------------------------------------------------------
Security: M22465104
Meeting Type: Annual
Meeting Date: 30-Aug-2022
Ticker: CHKP
ISIN: IL0010824113
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Gil Shwed Mgmt For For
1b. Election of Director: Jerry Ungerman Mgmt For For
1c. Election of Director: Tzipi Ozer-Armon Mgmt For For
1d. Election of Director: Dr. Tal Shavit Mgmt For For
1e. Election of Director: Shai Weiss Mgmt For For
2. To ratify the appointment and compensation Mgmt For For
of Kost, Forer, Gabbay & Kasierer, a member
of Ernst & Young Global, as our independent
registered public accounting firm for 2022.
3. To approve compensation to Check Point's Mgmt For For
Chief Executive Officer.
4. Readopt Check Point's Executive Mgmt For For
Compensation Policy.
5a. The undersigned is not a controlling Mgmt For
shareholder and does not have a personal
interest in item 3. Mark "for" = yes or
"against" = no.
5b. The undersigned is not a controlling Mgmt For
shareholder and does not have a personal
interest in item 4. Mark "for" = yes or
"against" = no.
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CISCO SYSTEMS, INC. Agenda Number: 935723216
--------------------------------------------------------------------------------------------------------------------------
Security: 17275R102
Meeting Type: Annual
Meeting Date: 08-Dec-2022
Ticker: CSCO
ISIN: US17275R1023
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: M. Michele Burns Mgmt For For
1b. Election of Director: Wesley G. Bush Mgmt For For
1c. Election of Director: Michael D. Capellas Mgmt For For
1d. Election of Director: Mark Garrett Mgmt For For
1e. Election of Director: John D. Harris II Mgmt For For
1f. Election of Director: Dr. Kristina M. Mgmt For For
Johnson
1g. Election of Director: Roderick C. Mcgeary Mgmt For For
1h. Election of Director: Sarah Rae Murphy Mgmt For For
1i. Election of Director: Charles H. Robbins Mgmt For For
1j. Election of Director: Brenton L. Saunders Mgmt For For
1k. Election of Director: Dr. Lisa T. Su Mgmt For For
1l. Election of Director: Marianna Tessel Mgmt For For
2. Approval, on an advisory basis, of Mgmt For For
executive compensation.
3. Ratification of PricewaterhouseCoopers LLP Mgmt For For
as Cisco's independent registered public
accounting firm for fiscal 2023.
4. Stockholder Proposal - Approval to have Shr For Against
Cisco's Board issue a tax transparency
report in consideration of the Global
Reporting Initiative's Tax Standard.
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COMCAST CORPORATION Agenda Number: 935845492
--------------------------------------------------------------------------------------------------------------------------
Security: 20030N101
Meeting Type: Annual
Meeting Date: 07-Jun-2023
Ticker: CMCSA
ISIN: US20030N1019
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1. DIRECTOR
Kenneth J. Bacon Mgmt For For
Thomas J. Baltimore Jr. Mgmt For For
Madeline S. Bell Mgmt For For
Edward D. Breen Mgmt For For
Gerald L. Hassell Mgmt For For
Jeffrey A. Honickman Mgmt For For
Maritza G. Montiel Mgmt For For
Asuka Nakahara Mgmt For For
David C. Novak Mgmt For For
Brian L. Roberts Mgmt For For
2. Ratification of the appointment of our Mgmt For For
independent auditors.
3. Approval of Comcast Corporation 2023 Mgmt For For
Omnibus Equity Incentive Plan.
4. Approval of Amended and Restated Comcast Mgmt For For
Corporation 2002 Employee Stock Purchase
Plan.
5. Advisory vote on executive compensation. Mgmt For For
6. Advisory vote on the frequency of the vote Mgmt 1 Year For
on executive compensation.
7. To perform independent racial equity audit. Shr Against For
8. To report on climate risk in default Shr Against For
retirement plan options.
9. To set different greenhouse gas emissions Shr Against For
reduction targets.
10. To report on political contributions and Shr Against For
company values alignment.
11. To report on business in China. Shr Against For
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EMERSON ELECTRIC CO. Agenda Number: 935748600
--------------------------------------------------------------------------------------------------------------------------
Security: 291011104
Meeting Type: Annual
Meeting Date: 07-Feb-2023
Ticker: EMR
ISIN: US2910111044
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. ELECTION OF DIRECTOR FOR TERMS ENDING IN Mgmt For For
2026: Martin S. Craighead
1b. ELECTION OF DIRECTOR FOR TERMS ENDING IN Mgmt For For
2026: Gloria A. Flach
1c. ELECTION OF DIRECTOR FOR TERMS ENDING IN Mgmt For For
2026: Matthew S. Levatich
2. Ratification of KPMG LLP as Independent Mgmt For For
Registered Public Accounting Firm.
3. Approval, by non-binding advisory vote, of Mgmt For For
Emerson Electric Co. executive
compensation.
4. Advisory vote on frequency of future Mgmt 1 Year For
shareholder advisory approval of the
Company's executive compensation.
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EXXON MOBIL CORPORATION Agenda Number: 935823977
--------------------------------------------------------------------------------------------------------------------------
Security: 30231G102
Meeting Type: Annual
Meeting Date: 31-May-2023
Ticker: XOM
ISIN: US30231G1022
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Michael J. Angelakis Mgmt For For
1b. Election of Director: Susan K. Avery Mgmt For For
1c. Election of Director: Angela F. Braly Mgmt For For
1d. Election of Director: Gregory J. Goff Mgmt For For
1e. Election of Director: John D. Harris II Mgmt For For
1f. Election of Director: Kaisa H. Hietala Mgmt For For
1g. Election of Director: Joseph L. Hooley Mgmt For For
1h. Election of Director: Steven A. Kandarian Mgmt For For
1i. Election of Director: Alexander A. Karsner Mgmt For For
1j. Election of Director: Lawrence W. Kellner Mgmt For For
1k. Election of Director: Jeffrey W. Ubben Mgmt For For
1l. Election of Director: Darren W. Woods Mgmt For For
2. Ratification of Independent Auditors Mgmt For For
3. Advisory Vote to Approve Executive Mgmt For For
Compensation
4. Frequency of Advisory Vote on Executive Mgmt 1 Year For
Compensation
5. Establish a New Board Committee on Shr Against For
Decarbonization Risk
6. Reduce Executive Stock Holding Period Shr Against For
7. Additional Carbon Capture and Storage and Shr Against For
Emissions Report
8. Additional Direct Methane Measurement Shr For Against
9. Establish a Scope 3 Target and Reduce Shr Against For
Hydrocarbon Sales
10. Additional Report on Worst-case Spill and Shr For Against
Response Plans
11. GHG Reporting on Adjusted Basis Shr For Against
12. Report on Asset Retirement Obligations Shr For Against
Under IEA NZE Scenario
13. Report on Plastics Under SCS Scenario Shr Against For
14. Litigation Disclosure Beyond Legal and Shr Against For
Accounting Requirements
15. Tax Reporting Beyond Legal Requirements Shr For Against
16. Energy Transition Social Impact Report Shr For Against
17. Report on Commitment Against AMAP Work Shr Abstain Against
--------------------------------------------------------------------------------------------------------------------------
GE HEALTHCARE TECHNOLOGIES INC. Agenda Number: 935805878
--------------------------------------------------------------------------------------------------------------------------
Security: 36266G107
Meeting Type: Annual
Meeting Date: 23-May-2023
Ticker: GEHC
ISIN: US36266G1076
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Peter J. Arduini Mgmt For For
1b. Election of Director: H. Lawrence Culp, Jr. Mgmt For For
1c. Election of Director: Rodney F. Hochman Mgmt For For
1d. Election of Director: Lloyd W. Howell, Jr. Mgmt For For
1e. Election of Director: Risa Lavizzo-Mourey Mgmt For For
1f. Election of Director: Catherine Lesjak Mgmt For For
1g. Election of Director: Anne T. Madden Mgmt For For
1h. Election of Director: Tomislav Mihaljevic Mgmt For For
1i. Election of Director: William J. Stromberg Mgmt For For
1j. Election of Director: Phoebe L. Yang Mgmt For For
2. Approve our named executive officers' Mgmt For For
compensation in an advisory vote.
3. Approve the frequency of future advisory Mgmt 1 Year For
votes on named executive officers'
compensation in an advisory vote.
4. Ratify the appointment of Deloitte & Touche Mgmt For For
LLP as our independent auditor for the
fiscal year ending December 31, 2023.
--------------------------------------------------------------------------------------------------------------------------
GENERAL ELECTRIC COMPANY Agenda Number: 935786408
--------------------------------------------------------------------------------------------------------------------------
Security: 369604301
Meeting Type: Annual
Meeting Date: 03-May-2023
Ticker: GE
ISIN: US3696043013
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Stephen Angel Mgmt For For
1b. Election of Director: Sebastien Bazin Mgmt For For
1c. Election of Director: H. Lawrence Culp, Jr. Mgmt For For
1d. Election of Director: Edward Garden Mgmt For For
1e. Election of Director: Isabella Goren Mgmt For For
1f. Election of Director: Thomas Horton Mgmt For For
1g. Election of Director: Catherine Lesjak Mgmt For For
1h. Election of Director: Darren McDew Mgmt For For
1i. Election of Director: Paula Rosput Reynolds Mgmt For For
1j. Election of Director: Jessica Uhl Mgmt For For
2. Advisory Approval of Our Named Executives' Mgmt For For
Compensation.
3. Advisory Vote on the Frequency of Future Mgmt 1 Year For
Advisory Votes to Approve Our Named
Executives' Compensation.
4. Ratification of Deloitte as Independent Mgmt For For
Auditor for 2023.
5. Independent Board Chairman. Shr Against For
6. Sale of the Company. Shr Against For
7. Fiduciary Carbon-Emission Relevance Report. Shr Against For
8. Assess Energy-Related Asset Resilience. Shr Against For
--------------------------------------------------------------------------------------------------------------------------
INTEL CORPORATION Agenda Number: 935793631
--------------------------------------------------------------------------------------------------------------------------
Security: 458140100
Meeting Type: Annual
Meeting Date: 11-May-2023
Ticker: INTC
ISIN: US4581401001
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Patrick P. Gelsinger Mgmt For For
1b. Election of Director: James J. Goetz Mgmt For For
1c. Election of Director: Andrea J. Goldsmith Mgmt For For
1d. Election of Director: Alyssa H. Henry Mgmt For For
1e. Election of Director: Omar Ishrak Mgmt For For
1f. Election of Director: Risa Lavizzo-Mourey Mgmt For For
1g. Election of Director: Tsu-Jae King Liu Mgmt For For
1h. Election of Director: Barbara G. Novick Mgmt For For
1i. Election of Director: Gregory D. Smith Mgmt For For
1j. Election of Director: Lip-Bu Tan Mgmt For For
1k. Election of Director: Dion J. Weisler Mgmt For For
1l. Election of Director: Frank D. Yeary Mgmt For For
2. Ratification of selection of Ernst & Young Mgmt For For
LLP as our independent registered public
accounting firm for 2023.
3. Advisory vote to approve executive Mgmt For For
compensation of our named executive
officers.
4. Approval of amendment and restatement of Mgmt For For
the 2006 Equity Incentive Plan.
5. Advisory vote on the frequency of holding Mgmt 1 Year For
future advisory votes to approve executive
compensation of our named executive
officers.
6. Stockholder proposal requesting an Shr Against For
executive stock retention period policy and
reporting, if properly presented at the
meeting.
7. Stockholder proposal requesting commission Shr Against For
and publication of a third party review of
Intel's China business ESG congruence, if
properly presented at the meeting.
--------------------------------------------------------------------------------------------------------------------------
JOHNSON & JOHNSON Agenda Number: 935776813
--------------------------------------------------------------------------------------------------------------------------
Security: 478160104
Meeting Type: Annual
Meeting Date: 27-Apr-2023
Ticker: JNJ
ISIN: US4781601046
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Darius Adamczyk Mgmt For For
1b. Election of Director: Mary C. Beckerle Mgmt For For
1c. Election of Director: D. Scott Davis Mgmt For For
1d. Election of Director: Jennifer A. Doudna Mgmt For For
1e. Election of Director: Joaquin Duato Mgmt For For
1f. Election of Director: Marillyn A. Hewson Mgmt For For
1g. Election of Director: Paula A. Johnson Mgmt For For
1h. Election of Director: Hubert Joly Mgmt For For
1I. Election of Director: Mark B. McClellan Mgmt For For
1j. Election of Director: Anne M. Mulcahy Mgmt For For
1k. Election of Director: Mark A. Weinberger Mgmt For For
1l. Election of Director: Nadja Y. West Mgmt For For
2. Advisory Vote to Approve Named Executive Mgmt For For
Officer Compensation
3. Advisory Vote on the Frequency of Voting to Mgmt 1 Year For
Approve Named Executive Officer
Compensation
4. Ratification of Appointment of Mgmt For For
PricewaterhouseCoopers LLP as the
Independent Registered Public Accounting
Firm
5. Proposal Withdrawn (Federal Securities Laws Shr Abstain
Mandatory Arbitration Bylaw)
6. Vaccine Pricing Report Shr Against For
7. Executive Compensation Adjustment Policy Shr For Against
8. Impact of Extended Patent Exclusivities on Shr Against For
Product Access
--------------------------------------------------------------------------------------------------------------------------
JPMORGAN CHASE & CO. Agenda Number: 935797223
--------------------------------------------------------------------------------------------------------------------------
Security: 46625H100
Meeting Type: Annual
Meeting Date: 16-May-2023
Ticker: JPM
ISIN: US46625H1005
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Linda B. Bammann Mgmt For For
1b. Election of Director: Stephen B. Burke Mgmt For For
1c. Election of Director: Todd A. Combs Mgmt For For
1d. Election of Director: James S. Crown Mgmt For For
1e. Election of Director: Alicia Boler Davis Mgmt For For
1f. Election of Director: James Dimon Mgmt For For
1g. Election of Director: Timothy P. Flynn Mgmt For For
1h. Election of Director: Alex Gorsky Mgmt For For
1i. Election of Director: Mellody Hobson Mgmt Against Against
1j. Election of Director: Michael A. Neal Mgmt For For
1k. Election of Director: Phebe N. Novakovic Mgmt For For
1l. Election of Director: Virginia M. Rometty Mgmt For For
2. Advisory resolution to approve executive Mgmt For For
compensation
3. Advisory vote on frequency of advisory Mgmt 1 Year For
resolution to approve executive
compensation
4. Ratification of independent registered Mgmt For For
public accounting firm
5. Independent board chairman Shr For Against
6. Fossil fuel phase out Shr Against For
7. Amending public responsibility committee Shr Against For
charter to include mandate to oversee
animal welfare impact and risk
8. Special shareholder meeting improvement Shr Against For
9. Report on climate transition planning Shr Against For
10. Report on ensuring respect for civil Shr Against For
liberties
11. Report analyzing the congruence of the Shr Against For
company's political and electioneering
expenditures
12. Absolute GHG reduction goals Shr Against For
--------------------------------------------------------------------------------------------------------------------------
MERCK & CO., INC. Agenda Number: 935809080
--------------------------------------------------------------------------------------------------------------------------
Security: 58933Y105
Meeting Type: Annual
Meeting Date: 23-May-2023
Ticker: MRK
ISIN: US58933Y1055
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Douglas M. Baker, Jr. Mgmt For For
1b. Election of Director: Mary Ellen Coe Mgmt For For
1c. Election of Director: Pamela J. Craig Mgmt For For
1d. Election of Director: Robert M. Davis Mgmt For For
1e. Election of Director: Thomas H. Glocer Mgmt For For
1f. Election of Director: Risa J. Mgmt For For
Lavizzo-Mourey, M.D.
1g. Election of Director: Stephen L. Mayo, Mgmt For For
Ph.D.
1h. Election of Director: Paul B. Rothman, M.D. Mgmt For For
1i. Election of Director: Patricia F. Russo Mgmt For For
1j. Election of Director: Christine E. Seidman, Mgmt For For
M.D.
1k. Election of Director: Inge G. Thulin Mgmt For For
1l. Election of Director: Kathy J. Warden Mgmt For For
1m. Election of Director: Peter C. Wendell Mgmt For For
2. Non-binding advisory vote to approve the Mgmt For For
compensation of our named executive
officers.
3. Non-binding advisory vote to approve the Mgmt 1 Year For
frequency of future votes to approve the
compensation of our named executive
officers.
4. Ratification of the appointment of the Mgmt For For
Company's independent registered public
accounting firm for 2023.
5. Shareholder proposal regarding business Shr Against For
operations in China.
6. Shareholder proposal regarding access to Shr Against For
COVID-19 products.
7. Shareholder proposal regarding indirect Shr Against For
political spending.
8. Shareholder proposal regarding patents and Shr Against For
access.
9. Shareholder proposal regarding a congruency Shr Against For
report of partnerships with globalist
organizations.
10. Shareholder proposal regarding an Shr Against For
independent board chairman.
--------------------------------------------------------------------------------------------------------------------------
MICROSOFT CORPORATION Agenda Number: 935722567
--------------------------------------------------------------------------------------------------------------------------
Security: 594918104
Meeting Type: Annual
Meeting Date: 13-Dec-2022
Ticker: MSFT
ISIN: US5949181045
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Reid G. Hoffman Mgmt For For
1b. Election of Director: Hugh F. Johnston Mgmt For For
1c. Election of Director: Teri L. List Mgmt For For
1d. Election of Director: Satya Nadella Mgmt For For
1e. Election of Director: Sandra E. Peterson Mgmt For For
1f. Election of Director: Penny S. Pritzker Mgmt For For
1g. Election of Director: Carlos A. Rodriguez Mgmt For For
1h. Election of Director: Charles W. Scharf Mgmt For For
1i. Election of Director: John W. Stanton Mgmt For For
1j. Election of Director: John W. Thompson Mgmt For For
1k. Election of Director: Emma N. Walmsley Mgmt For For
1l. Election of Director: Padmasree Warrior Mgmt For For
2. Advisory vote to approve named executive Mgmt Against Against
officer compensation
3. Ratification of the Selection of Deloitte & Mgmt For For
Touche LLP as our Independent Auditor for
Fiscal Year 2023
4. Shareholder Proposal - Cost/Benefit Shr Against For
Analysis of Diversity and Inclusion
5. Shareholder Proposal - Report on Hiring of Shr Against For
Persons with Arrest or Incarceration
Records
6. Shareholder Proposal - Report on Investment Shr Against For
of Retirement Funds in Companies
Contributing to Climate Change
7. Shareholder Proposal - Report on Government Shr Against For
Use of Microsoft Technology
8. Shareholder Proposal - Report on Shr Against For
Development of Products for Military
9. Shareholder Proposal - Report on Tax Shr For Against
Transparency
--------------------------------------------------------------------------------------------------------------------------
MONDELEZ INTERNATIONAL, INC. Agenda Number: 935809357
--------------------------------------------------------------------------------------------------------------------------
Security: 609207105
Meeting Type: Annual
Meeting Date: 17-May-2023
Ticker: MDLZ
ISIN: US6092071058
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Lewis W.K. Booth Mgmt For For
1b. Election of Director: Charles E. Bunch Mgmt For For
1c. Election of Director: Ertharin Cousin Mgmt For For
1d. Election of Director: Jorge S. Mesquita Mgmt For For
1e. Election of Director: Anindita Mukherjee Mgmt For For
1f. Election of Director: Jane Hamilton Nielsen Mgmt For For
1g. Election of Director: Patrick T. Siewert Mgmt For For
1h. Election of Director: Michael A. Todman Mgmt For For
1i. Election of Director: Dirk Van de Put Mgmt For For
2. Advisory Vote to Approve Executive Mgmt For For
Compensation.
3. Advisory Vote on the Frequency of Future Mgmt 1 Year For
Votes to Approve Executive Compensation.
4. Ratification of the Selection of Mgmt For For
PricewaterhouseCoopers LLP as Independent
Registered Public Accountants for Fiscal
Year Ending December 31, 2023.
5. Require Independent Chair of the Board. Shr For Against
6. Publish Annual Benchmarks for Achieving Shr Against For
Company's 2025 Cage-Free Egg Goal.
7. Adopt Public Targets to Eradicate Child Shr Against For
Labor in Cocoa Supply Chain
--------------------------------------------------------------------------------------------------------------------------
MOODY'S CORPORATION Agenda Number: 935773386
--------------------------------------------------------------------------------------------------------------------------
Security: 615369105
Meeting Type: Annual
Meeting Date: 18-Apr-2023
Ticker: MCO
ISIN: US6153691059
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Jorge A. Bermudez Mgmt For For
1b. Election of Director: Therese Esperdy Mgmt For For
1c. Election of Director: Robert Fauber Mgmt For For
1d. Election of Director: Vincent A. Forlenza Mgmt For For
1e. Election of Director: Kathryn M. Hill Mgmt For For
1f. Election of Director: Lloyd W. Howell, Jr. Mgmt For For
1g. Election of Director: Jose M. Minaya Mgmt For For
1h. Election of Director: Leslie F. Seidman Mgmt For For
1i. Election of Director: Zig Serafin Mgmt For For
1j. Election of Director: Bruce Van Saun Mgmt For For
2. Approval of the Amended and Restated 2001 Mgmt For For
Moody's Corporation Key Employees' Stock
Incentive Plan.
3. Ratification of the appointment of KPMG LLP Mgmt For For
as independent registered public accounting
firm of the Company for 2023.
4. Advisory resolution approving executive Mgmt For For
compensation.
5. Advisory resolution on the frequency of Mgmt 1 Year For
future advisory resolutions approving
executive compensation.
--------------------------------------------------------------------------------------------------------------------------
NIKE, INC. Agenda Number: 935692803
--------------------------------------------------------------------------------------------------------------------------
Security: 654106103
Meeting Type: Annual
Meeting Date: 09-Sep-2022
Ticker: NKE
ISIN: US6541061031
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Class B Director: Alan B. Graf, Mgmt For For
Jr.
1b. Election of Class B Director: Peter B. Mgmt For For
Henry
1c. Election of Class B Director: Michelle A. Mgmt For For
Peluso
2. To approve executive compensation by an Mgmt For For
advisory vote.
3. To ratify the appointment of Mgmt For For
PricewaterhouseCoopers LLP as independent
registered public accounting firm.
4. To approve the amendment of the NIKE, Inc. Mgmt For For
Employee Stock Purchase Plan to increase
authorized shares.
5. To consider a shareholder proposal Shr Against For
regarding a policy on China sourcing, if
properly presented at the meeting.
--------------------------------------------------------------------------------------------------------------------------
ORACLE CORPORATION Agenda Number: 935715182
--------------------------------------------------------------------------------------------------------------------------
Security: 68389X105
Meeting Type: Annual
Meeting Date: 16-Nov-2022
Ticker: ORCL
ISIN: US68389X1054
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1. DIRECTOR
Awo Ablo Mgmt For For
Jeffrey S. Berg Mgmt For For
Michael J. Boskin Mgmt For For
Safra A. Catz Mgmt For For
Bruce R. Chizen Mgmt For For
George H. Conrades Mgmt For For
Lawrence J. Ellison Mgmt For For
Rona A. Fairhead Mgmt For For
Jeffrey O. Henley Mgmt For For
Renee J. James Mgmt For For
Charles W. Moorman Mgmt For For
Leon E. Panetta Mgmt For For
William G. Parrett Mgmt For For
Naomi O. Seligman Mgmt For For
Vishal Sikka Mgmt For For
2. Advisory Vote to Approve the Compensation Mgmt Against Against
of our Named Executive Officers.
3. Ratification of the Selection of our Mgmt For For
Independent Registered Public Accounting
Firm.
--------------------------------------------------------------------------------------------------------------------------
ORGANON & CO. Agenda Number: 935839588
--------------------------------------------------------------------------------------------------------------------------
Security: 68622V106
Meeting Type: Annual
Meeting Date: 06-Jun-2023
Ticker: OGN
ISIN: US68622V1061
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Class II Director: Carrie S. Mgmt For For
Cox
1b. Election of Class II Director: Alan Mgmt For For
Ezekowitz, M.D.
1c. Election of Class II Director: Helene Mgmt For For
Gayle, M.D.
1d. Election of Class II Director: Deborah Mgmt For For
Leone
2. Approve, on a non-binding advisory basis, Mgmt For For
the compensation of Organon's Named
Executive Officers.
3. Ratify the appointment of Mgmt For For
PricewaterhouseCoopers LLP as Organon's
independent registered public accounting
firm for 2023.
--------------------------------------------------------------------------------------------------------------------------
PARAMOUNT GLOBAL Agenda Number: 935791372
--------------------------------------------------------------------------------------------------------------------------
Security: 92556H206
Meeting Type: Annual
Meeting Date: 08-May-2023
Ticker: PARA
ISIN: US92556H2067
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1. Non-Voting agenda Mgmt For
--------------------------------------------------------------------------------------------------------------------------
PEPSICO, INC. Agenda Number: 935784795
--------------------------------------------------------------------------------------------------------------------------
Security: 713448108
Meeting Type: Annual
Meeting Date: 03-May-2023
Ticker: PEP
ISIN: US7134481081
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Segun Agbaje Mgmt For For
1b. Election of Director: Jennifer Bailey Mgmt For For
1c. Election of Director: Cesar Conde Mgmt For For
1d. Election of Director: Ian Cook Mgmt For For
1e. Election of Director: Edith W. Cooper Mgmt For For
1f. Election of Director: Susan M. Diamond Mgmt For For
1g. Election of Director: Dina Dublon Mgmt For For
1h. Election of Director: Michelle Gass Mgmt For For
1i. Election of Director: Ramon L. Laguarta Mgmt For For
1j. Election of Director: Dave J. Lewis Mgmt For For
1k. Election of Director: David C. Page Mgmt For For
1l. Election of Director: Robert C. Pohlad Mgmt For For
1m. Election of Director: Daniel Vasella Mgmt For For
1n. Election of Director: Darren Walker Mgmt For For
1o. Election of Director: Alberto Weisser Mgmt For For
2. Ratification of the appointment of KPMG LLP Mgmt For For
as the Company's independent registered
public accounting firm for fiscal year
2023.
3. Advisory approval of the Company's Mgmt For For
executive compensation
4. Advisory vote on frequency of future Mgmt 1 Year For
shareholder advisory approval of the
Company's executive compensation.
5. Shareholder Proposal - Independent Board Shr For Against
Chair.
6. Shareholder Proposal - Global Transparency Shr Against For
Report.
7. Shareholder Proposal - Report on Impacts of Shr Against For
Reproductive Healthcare Legislation
8. Shareholder Proposal - Congruency Report on Shr Against For
Net-Zero Emissions Policies.
--------------------------------------------------------------------------------------------------------------------------
PHILIP MORRIS INTERNATIONAL INC. Agenda Number: 935785040
--------------------------------------------------------------------------------------------------------------------------
Security: 718172109
Meeting Type: Annual
Meeting Date: 03-May-2023
Ticker: PM
ISIN: US7181721090
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Brant Bonin Bough Mgmt For For
1b. Election of Director: Andre Calantzopoulos Mgmt For For
1c. Election of Director: Michel Combes Mgmt For For
1d. Election of Director: Juan Jose Daboub Mgmt For For
1e. Election of Director: Werner Geissler Mgmt For For
1f. Election of Director: Lisa A. Hook Mgmt For For
1g. Election of Director: Jun Makihara Mgmt For For
1h. Election of Director: Kalpana Morparia Mgmt For For
1i. Election of Director: Jacek Olczak Mgmt For For
1j. Election of Director: Robert B. Polet Mgmt For For
1k. Election of Director: Dessislava Temperley Mgmt For For
1l. Election of Director: Shlomo Yanai Mgmt For For
2. Advisory Vote Approving Executive Mgmt For For
Compensation
3. Advisory Vote on the Frequency of Future Mgmt 1 Year For
Say-On-Pay Votes, with the Board of
Directors Recommending a Say-On-Pay Vote
4. Ratification of the Selection of Mgmt For For
Independent Auditors
5. Shareholder Proposal to make nicotine level Shr Against For
information available to customers and
begin reducing nicotine levels
--------------------------------------------------------------------------------------------------------------------------
SCHLUMBERGER LIMITED (SCHLUMBERGER N.V.) Agenda Number: 935767105
--------------------------------------------------------------------------------------------------------------------------
Security: 806857108
Meeting Type: Annual
Meeting Date: 05-Apr-2023
Ticker: SLB
ISIN: AN8068571086
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Peter Coleman Mgmt For For
1b. Election of Director: Patrick de La Mgmt For For
Chevardiere
1c. Election of Director: Miguel Galuccio Mgmt For For
1d. Election of Director: Olivier Le Peuch Mgmt For For
1e. Election of Director: Samuel Leupold Mgmt For For
1f. Election of Director: Tatiana Mitrova Mgmt For For
1g. Election of Director: Maria Moraeus Hanssen Mgmt For For
1h. Election of Director: Vanitha Narayanan Mgmt For For
1i. Election of Director: Mark Papa Mgmt For For
1j. Election of Director: Jeff Sheets Mgmt For For
1k. Election of Director: Ulrich Spiesshofer Mgmt For For
2. Advisory vote on the frequency of future Mgmt 1 Year For
advisory votes on executive compensation.
3. Advisory approval of our executive Mgmt For For
compensation.
4. Approval of our consolidated balance sheet Mgmt For For
at December 31, 2022; our consolidated
statement of income for the year ended
December 31, 2022; and the declarations of
dividends by our Board of Directors in
2022, as reflected in our 2022 Annual
Report to Shareholders.
5. Ratification of the appointment of Mgmt For For
PricewaterhouseCoopers LLP as our
independent auditors for 2023.
--------------------------------------------------------------------------------------------------------------------------
THE HOME DEPOT, INC. Agenda Number: 935795659
--------------------------------------------------------------------------------------------------------------------------
Security: 437076102
Meeting Type: Annual
Meeting Date: 18-May-2023
Ticker: HD
ISIN: US4370761029
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Gerard J. Arpey Mgmt For For
1b. Election of Director: Ari Bousbib Mgmt For For
1c. Election of Director: Jeffery H. Boyd Mgmt For For
1d. Election of Director: Gregory D. Brenneman Mgmt For For
1e. Election of Director: J. Frank Brown Mgmt For For
1f. Election of Director: Albert P. Carey Mgmt For For
1g. Election of Director: Edward P. Decker Mgmt For For
1h. Election of Director: Linda R. Gooden Mgmt For For
1i. Election of Director: Wayne M. Hewett Mgmt For For
1j. Election of Director: Manuel Kadre Mgmt For For
1k. Election of Director: Stephanie C. Linnartz Mgmt For For
1l. Election of Director: Paula Santilli Mgmt For For
1m. Election of Director: Caryn Seidman-Becker Mgmt For For
2. Ratification of the Appointment of KPMG LLP Mgmt For For
3. Advisory Vote to Approve Executive Mgmt For For
Compensation ("Say-on-Pay")
4. Advisory Vote on the Frequency of Future Mgmt 1 Year For
Say-on-Pay Votes
5. Shareholder Proposal Regarding Amendment of Shr Against For
Shareholder Written Consent Right
6. Shareholder Proposal Regarding Independent Shr For Against
Board Chair
7. Shareholder Proposal Regarding Political Shr Against For
Contributions Congruency Analysis
8. Shareholder Proposal Regarding Rescission Shr Against For
of Racial Equity Audit Proposal Vote
9. Shareholder Proposal Regarding Senior Shr Against For
Management Commitment to Avoid Political
Speech
--------------------------------------------------------------------------------------------------------------------------
THE KRAFT HEINZ COMPANY Agenda Number: 935780557
--------------------------------------------------------------------------------------------------------------------------
Security: 500754106
Meeting Type: Annual
Meeting Date: 04-May-2023
Ticker: KHC
ISIN: US5007541064
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Gregory E. Abel Mgmt For For
1b. Election of Director: Humberto P. Alfonso Mgmt For For
1c. Election of Director: John T. Cahill Mgmt For For
1d. Election of Director: Lori Dickerson Fouche Mgmt For For
1e. Election of Director: Diane Gherson Mgmt For For
1f. Election of Director: Timothy Kenesey Mgmt For For
1g. Election of Director: Alicia Knapp Mgmt For For
1h. Election of Director: Elio Leoni Sceti Mgmt For For
1i. Election of Director: Susan Mulder Mgmt For For
1j. Election of Director: James Park Mgmt For For
1k. Election of Director: Miguel Patricio Mgmt For For
1l. Election of Director: John C. Pope Mgmt For For
2. Advisory vote to approve executive Mgmt For For
compensation.
3. Ratification of the selection of Mgmt For For
PricewaterhouseCoopers LLP as our
independent auditors for 2023.
4. Stockholder Proposal - Simple majority Shr For Against
vote, if properly presented.
5. Stockholder Proposal - Report on water Shr Against For
risk, if properly presented.
6. Stockholder Proposal - Civil rights audit, Shr Against For
if properly presented.
--------------------------------------------------------------------------------------------------------------------------
THE WALT DISNEY COMPANY Agenda Number: 935766595
--------------------------------------------------------------------------------------------------------------------------
Security: 254687106
Meeting Type: Annual
Meeting Date: 03-Apr-2023
Ticker: DIS
ISIN: US2546871060
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Mary T. Barra Mgmt For For
1b. Election of Director: Safra A. Catz Mgmt For For
1c. Election of Director: Amy L. Chang Mgmt For For
1d. Election of Director: Francis A. deSouza Mgmt For For
1e. Election of Director: Carolyn N. Everson Mgmt For For
1f. Election of Director: Michael B.G. Froman Mgmt For For
1g. Election of Director: Robert A. Iger Mgmt For For
1h. Election of Director: Maria Elena Mgmt For For
Lagomasino
1i. Election of Director: Calvin R. McDonald Mgmt For For
1j. Election of Director: Mark G. Parker Mgmt For For
1k. Election of Director: Derica W. Rice Mgmt For For
2. Ratification of the appointment of Mgmt For For
PricewaterhouseCoopers LLP as the Company's
independent registered public accountants
for fiscal 2023.
3. Consideration of an advisory vote to Mgmt For For
approve executive compensation.
4. Consideration of an advisory vote on the Mgmt 1 Year For
frequency of advisory votes on executive
compensation.
5. Shareholder proposal, if properly presented Shr Against For
at the meeting, requesting a report on
operations related to China.
6. Shareholder proposal, if properly presented Shr Against For
at the meeting, requesting charitable
contributions disclosure.
7. Shareholder proposal, if properly presented Shr Against For
at the meeting, requesting a political
expenditures report.
--------------------------------------------------------------------------------------------------------------------------
UNION PACIFIC CORPORATION Agenda Number: 935805703
--------------------------------------------------------------------------------------------------------------------------
Security: 907818108
Meeting Type: Annual
Meeting Date: 18-May-2023
Ticker: UNP
ISIN: US9078181081
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: William J. DeLaney Mgmt For For
1b. Election of Director: David B. Dillon Mgmt For For
1c. Election of Director: Sheri H. Edison Mgmt For For
1d. Election of Director: Teresa M. Finley Mgmt For For
1e. Election of Director: Lance M. Fritz Mgmt For For
1f. Election of Director: Deborah C. Hopkins Mgmt For For
1g. Election of Director: Jane H. Lute Mgmt For For
1h. Election of Director: Michael R. McCarthy Mgmt For For
1i. Election of Director: Jose H. Villarreal Mgmt For For
1j. Election of Director: Christopher J. Mgmt For For
Williams
2. Ratification of the appointment of Deloitte Mgmt For For
& Touche LLP as the independent registered
public accounting firm of the Company for
2023.
3. An advisory vote to approve executive Mgmt For For
compensation ("Say On Pay").
4. An advisory vote on the frequency of future Mgmt 1 Year For
advisory votes on executive compensation
("Say on Frequency").
5. Shareholder proposal regarding independent Shr Against For
board chairman.
6. Shareholder proposal requesting an Shr For Against
amendment to our Bylaws to require
shareholder approval for certain future
amendments.
7. Shareholder proposal requesting a paid sick Shr Against For
leave policy.
--------------------------------------------------------------------------------------------------------------------------
WALMART INC. Agenda Number: 935833144
--------------------------------------------------------------------------------------------------------------------------
Security: 931142103
Meeting Type: Annual
Meeting Date: 31-May-2023
Ticker: WMT
ISIN: US9311421039
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Cesar Conde Mgmt For For
1b. Election of Director: Timothy P. Flynn Mgmt For For
1c. Election of Director: Sarah J. Friar Mgmt For For
1d. Election of Director: Carla A. Harris Mgmt For For
1e. Election of Director: Thomas W. Horton Mgmt For For
1f. Election of Director: Marissa A. Mayer Mgmt For For
1g. Election of Director: C. Douglas McMillon Mgmt For For
1h. Election of Director: Gregory B. Penner Mgmt For For
1i. Election of Director: Randall L. Stephenson Mgmt For For
1j. Election of Director: S. Robson Walton Mgmt For For
1k. Election of Director: Steuart L. Walton Mgmt For For
2. Advisory Vote on the Frequency of Future Mgmt 1 Year For
Say-On-Pay Votes.
3. Advisory Vote to Approve Named Executive Mgmt Against Against
Officer Compensation.
4. Ratification of Ernst & Young LLP as Mgmt For For
Independent Accountants.
5. Policy Regarding Worker Pay in Executive Shr Against For
Compensation.
6. Report on Human Rights Due Diligence. Shr Against For
7. Racial Equity Audit. Shr For Against
8. Racial and Gender Layoff Diversity Report. Shr Against For
9. Request to Require Shareholder Approval of Shr For Against
Certain Future Bylaw Amendments.
10. Report on Reproductive Rights and Data Shr Against For
Privacy.
11. Communist China Risk Audit. Shr Against For
12. Workplace Safety & Violence Review. Shr For Against
--------------------------------------------------------------------------------------------------------------------------
WELLS FARGO & COMPANY Agenda Number: 935776774
--------------------------------------------------------------------------------------------------------------------------
Security: 949746101
Meeting Type: Annual
Meeting Date: 25-Apr-2023
Ticker: WFC
ISIN: US9497461015
--------------------------------------------------------------------------------------------------------------------------
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1a. Election of Director: Steven D. Black Mgmt For For
1b. Election of Director: Mark A. Chancy Mgmt For For
1c. Election of Director: Celeste A. Clark Mgmt For For
1d. Election of Director: Theodore F. Craver, Mgmt For For
Jr.
1e. Election of Director: Richard K. Davis Mgmt For For
1f. Election of Director: Wayne M. Hewett Mgmt For For
1g. Election of Director: CeCelia ("CeCe") G. Mgmt For For
Morken
1h. Election of Director: Maria R. Morris Mgmt For For
1i. Election of Director: Felicia F. Norwood Mgmt For For
1j. Election of Director: Richard B. Payne, Jr. Mgmt For For
1k. Election of Director: Ronald L. Sargent Mgmt For For
1l. Election of Director: Charles W. Scharf Mgmt For For
1m. Election of Director: Suzanne M. Vautrinot Mgmt For For
2. Advisory resolution to approve executive Mgmt For For
compensation (Say on Pay).
3. Advisory resolution on the frequency of Mgmt 1 Year For
future advisory votes to approve executive
compensation (Say on Frequency).
4. Ratify the appointment of KPMG LLP as the Mgmt For For
Company's independent registered public
accounting firm for 2023.
5. Shareholder Proposal - Adopt Simple Shr Against For
Majority Vote.
6. Shareholder Proposal - Report on Congruency Shr Against For
of Political Spending.
7. Shareholder Proposal - Climate Lobbying Shr Against For
Report.
8. Shareholder Proposal - Climate Transition Shr Against For
Report.
9. Shareholder Proposal - Fossil Fuel Lending Shr Against For
Policy.
10. Shareholder Proposal - Annual Report on Shr For Against
Prevention of Workplace Harassment and
Discrimination.
11. Shareholder Proposal - Policy on Freedom of Shr For Against
Association and Collective Bargaining.
* Management position unknown
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) Chestnut Street Exchange Fund
By (Signature) /s/ Frederick C. Teufel, Jr.
Name Frederick C. Teufel, Jr.
Title President
Date 08/29/2023