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:         811-2968

NAME OF REGISTRANT:                         VANGUARD TRUSTEES' EQUITY FUND

ADDRESS OF REGISTRANT:                      PO BOX 2600, VALLEY FORGE, PA 19482

NAME AND ADDRESS OF AGENT FOR SERVICE:      ANNE E. ROBINSON
                                            PO BOX 876
                                            VALLEY FORGE, PA 19482

REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE:  (610) 669-1000

DATE OF FISCAL YEAR END:                    OCTOBER 31

DATE OF REPORTING PERIOD:                   JULY 1, 2019 - JUNE 30, 2020



******************************* FORM N-Px REPORT *******************************

ICA File Number: 81102968E
Reporting Period: 07/01/2019 - 06/30/2020
VANGUARD TRUSTEES' EQUITY FUND









=== VANGUARD INTERNATIONAL VALUE FUND - Voted at the discretion of the Fund ====

Each investment advisor's votes cast are shown separately below. The votes
reported reflect votes cast at the Fund's/advisor's discretion and exclude any
votes cast pursuant to a regulatory requirement.


BABCOCK INTERNATIONAL GROUP PLC

Ticker:       BAB            Security ID:  G0689Q152
Meeting Date: JUL 18, 2019   Meeting Type: Annual
Record Date:  JUL 16, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accept Financial Statements and         For       For          Management
      Statutory Reports
2     Approve Remuneration Report             For       For          Management
3     Approve Final Dividend                  For       For          Management
4     Elect Ruth Cairnie as Director          For       For          Management
5     Re-elect Sir David Omand as Director    For       For          Management
6     Re-elect Victoire de Margerie as        For       For          Management
      Director
7     Re-elect Ian Duncan as Director         For       For          Management
8     Re-elect Lucy Dimes as Director         For       For          Management
9     Re-elect Myles Lee as Director          For       For          Management
10    Re-elect Kjersti Wiklund as Director    For       For          Management
11    Re-elect Jeff Randall as Director       For       For          Management
12    Re-elect Archie Bethel as Director      For       For          Management
13    Re-elect Franco Martinelli as Director  For       For          Management
14    Re-elect John Davies as Director        For       For          Management
15    Reappoint PricewaterhouseCoopers LLP    For       For          Management
      as Auditors
16    Authorise the Audit and Risk Committee  For       For          Management
      to Fix Remuneration of Auditors
17    Authorise EU Political Donations and    For       For          Management
      Expenditure
18    Authorise Issue of Equity               For       For          Management
19    Approve Performance Share Plan          For       For          Management
20    Authorise Issue of Equity without       For       For          Management
      Pre-emptive Rights
21    Authorise Market Purchase of Ordinary   For       For          Management
      Shares
22    Authorise the Company to Call General   For       For          Management
      Meeting with Two Weeks' Notice


--------------------------------------------------------------------------------

COMPAGNIE FINANCIERE RICHEMONT SA

Ticker:       CFR            Security ID:  H25662182
Meeting Date: SEP 11, 2019   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accept Financial Statements and         For       For          Management
      Statutory Reports
2     Approve Allocation of Income and        For       For          Management
      Dividends of CHF 2.00 per Registered A
      Share and CHF 0.20 per Registered B
      Share
3     Approve Discharge of Board and Senior   For       For          Management
      Management
4.1   Reelect Johann Rupert as Director and   For       For          Management
      Board Chairman
4.2   Reelect Josua Malherbe as Director      For       Against      Management
4.3   Reelect Nikesh Arora as Director        For       Against      Management
4.4   Reelect Nicolas Bos as Director         For       For          Management
4.5   Reelect Clay Brendish as Director       For       For          Management
4.6   Reelect Jean-Blaise Eckert as Director  For       Against      Management
4.7   Reelect Burkhart Grund as Director      For       For          Management
4.8   Reelect Sophie Guieysse as Director     For       For          Management
4.9   Reelect Keyu Jin as Director            For       For          Management
4.10  Reelect Jerome Lambert as Director      For       For          Management
4.11  Reelect Ruggero Magnoni as Director     For       Against      Management
4.12  Reelect Jeff Moss as Director           For       For          Management
4.13  Reelect Vesna Nevistic as Director      For       For          Management
4.14  Reelect Guillaume Pictet as Director    For       For          Management
4.15  Reelect Alan Quasha as Director         For       For          Management
4.16  Reelect Maria Ramos as Director         For       For          Management
4.17  Reelect Anton Rupert as Director        For       Against      Management
4.18  Reelect Jan Rupert as Director          For       Against      Management
4.19  Reelect Gary Saage as Director          For       Against      Management
4.20  Reelect Cyrille Vigneron as Director    For       For          Management
5.1   Reappoint Clay Brendish as Member of    For       For          Management
      the Compensation Committee
5.2   Reppoint Keyu Jin as Member of the      For       For          Management
      Compensation Committee
5.3   Reappoint Guillaume Pictet as Member    For       For          Management
      of the Compensation Committee
5.4   Reappoint Maria Ramos as Member of the  For       For          Management
      Compensation Committee
6     Ratify PricewaterhouseCoopers as        For       For          Management
      Auditors
7     Designate Etude Gampert & Demierre as   For       For          Management
      Independent Proxy
8.1   Approve Remuneration of Directors in    For       For          Management
      the Amount of CHF 9.2 Million
8.2   Approve Fixed Remuneration of           For       For          Management
      Executive Committee in the Amount of
      CHF 15.8 Million
8.3   Approve Variable Remuneration of        For       For          Management
      Executive Committee in the Amount of
      CHF 19.1 Million
9     Transact Other Business (Voting)        For       Against      Management


--------------------------------------------------------------------------------

IRB BRASIL RESSEGUROS SA

Ticker:       IRBR3          Security ID:  P5876C106
Meeting Date: AUG 12, 2019   Meeting Type: Special
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Amend Articles                          For       Against      Management
2     Approve Change in Board Term            For       Against      Management
3     Elect Ivan de Souza Monteiro as Board   For       For          Management
      Chairman


--------------------------------------------------------------------------------

IRB BRASIL RESSEGUROS SA

Ticker:       IRBR3          Security ID:  P5876C106
Meeting Date: SEP 19, 2019   Meeting Type: Special
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Elect Thais Ricarte Peters as           For       For          Management
      Alternate Director
2     Elect Otavio Ladeira de Medeiros as     For       For          Management
      Fiscal Council Member
3     Approve 3-for-1 Stock Split             For       For          Management
4     Amend Article 5 to Reflect Changes in   For       For          Management
      Capital


--------------------------------------------------------------------------------

KINGFISHER PLC

Ticker:       KGF            Security ID:  G5256E441
Meeting Date: JUL 09, 2019   Meeting Type: Annual
Record Date:  JUL 05, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accept Financial Statements and         For       For          Management
      Statutory Reports
2     Approve Remuneration Report             For       For          Management
3     Approve Remuneration Policy             For       For          Management
4     Approve Final Dividend                  For       For          Management
5     Elect Claudia Arney as Director         For       For          Management
6     Elect Sophie Gasperment as Director     For       For          Management
7     Re-elect Andrew Cosslett as Director    For       For          Management
8     Re-elect Jeff Carr as Director          For       For          Management
9     Re-elect Pascal Cagni as Director       For       For          Management
10    Re-elect Clare Chapman as Director      For       For          Management
11    Re-elect Rakhi Goss-Custard as Director For       For          Management
12    Re-elect Veronique Laury as Director    For       For          Management
13    Re-elect Mark Seligman as Director      For       For          Management
14    Reappoint Deloitte LLP as Auditors      For       For          Management
15    Authorise the Audit Committee to Fix    For       For          Management
      Remuneration of Auditors
16    Authorise EU Political Donations and    For       For          Management
      Expenditure
17    Authorise Issue of Equity               For       For          Management
18    Authorise Issue of Equity without       For       For          Management
      Pre-emptive Rights
19    Authorise Issue of Equity without       For       For          Management
      Pre-emptive Rights in Connection with
      an Acquisition or Other Capital
      Investment
20    Authorise Market Purchase of Ordinary   For       For          Management
      Shares
21    Authorise the Company to Call General   For       For          Management
      Meeting with Two Weeks' Notice


--------------------------------------------------------------------------------

LENOVO GROUP LIMITED

Ticker:       992            Security ID:  Y5257Y107
Meeting Date: JUL 09, 2019   Meeting Type: Annual
Record Date:  JUL 02, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accept Financial Statements and         For       For          Management
      Statutory Reports
2     Approve Final Dividend                  For       For          Management
3a    Elect Zhu Linan as Director             For       For          Management
3b    Elect Yang Chih-Yuan Jerry as Director  For       For          Management
3c    Elect Gordon Robert Halyburton Orr as   For       For          Management
      Director
3d    Elect Woo Chin Wan Raymond as Director  For       For          Management
3e    Authorize Board Not to Fill Up Vacated  For       For          Management
      Office Resulting From Retirement of
      Tian Suning as Director
3f    Authorize Board to Fix Remuneration of  For       For          Management
      Directors
4     Approve PricewaterhouseCoopers as       For       For          Management
      Auditor and Authorize Board to Fix
      Their Remuneration
5     Approve Issuance of Equity or           For       For          Management
      Equity-Linked Securities without
      Preemptive Rights
6     Authorize Repurchase of Issued Share    For       For          Management
      Capital
7     Authorize Reissuance of Repurchased     For       For          Management
      Shares
8     Approve Award Plans and California      For       Against      Management
      Sub-Plans


--------------------------------------------------------------------------------

MR. PRICE GROUP LTD.

Ticker:       MRP            Security ID:  S5256M135
Meeting Date: AUG 28, 2019   Meeting Type: Annual
Record Date:  AUG 23, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accept Financial Statements and         For       For          Management
      Statutory Reports for the Year Ended
      30 March 2019
2.1   Re-elect Stewart Cohen as Director      For       For          Management
2.2   Re-elect Keith Getz as Director         For       For          Management
2.3   Re-elect Mark Bowman as Director        For       For          Management
3     Elect Mmaboshadi Chauke as Director     For       For          Management
4     Elect Mark Stirton as Director          For       For          Management
5     Reappoint Ernst & Young Inc as          For       For          Management
      Auditors of the Company with Vinodhan
      Pillay as the Designated Registered
      Auditor
6.1   Re-elect Bobby Johnston as Member of    For       For          Management
      the Audit and Compliance Committee
6.2   Re-elect Daisy Naidoo as Member of the  For       For          Management
      Audit and Compliance Committee
6.3   Re-elect Mark Bowman as Member of the   For       For          Management
      Audit and Compliance Committee
6.4   Elect Mmaboshadi Chauke as Member of    For       For          Management
      the Audit and Compliance Committee
7     Approve Remuneration Policy             For       Against      Management
8     Approve Remuneration Implementation     For       Against      Management
      Report
9     Adopt the Social, Ethics,               For       For          Management
      Transformation and Sustainability
      Committee Report
10    Authorise Ratification of Approved      For       For          Management
      Resolutions
11    Place Authorised but Unissued Shares    For       For          Management
      under Control of Directors
1.1   Approve Fees of the Independent         For       For          Management
      Non-executive Chairman
1.2   Approve Fees of the Honorary Chairman   For       For          Management
1.3   Approve Fees of the Lead Independent    For       For          Management
      Director
1.4   Approve Fees of the Non-Executive       For       For          Management
      Directors
1.5   Approve Fees of the Audit and           For       For          Management
      Compliance Committee Chairman
1.6   Approve Fees of the Audit and           For       For          Management
      Compliance Committee Members
1.7   Approve Fees of the Remuneration and    For       For          Management
      Nominations Committee Chairman
1.8   Approve Fees of the Remuneration and    For       For          Management
      Nominations Committee Members
1.9   Approve Fees of the Social, Ethics,     For       For          Management
      Transformation and Sustainability
      Committee Chairman
1.10  Approve Fees of the Social, Ethics,     For       For          Management
      Transformation and Sustainability
      Committee Members
1.11  Approve Fees of the Risk and IT         For       For          Management
      Committee Members
1.12  Approve Fees of the Risk and IT         For       For          Management
      Committee - IT Specialist
2     Authorise Repurchase of Issued Share    For       For          Management
      Capital
3     Approve Financial Assistance to         For       For          Management
      Related or Inter-related Companies


--------------------------------------------------------------------------------

NASPERS LTD.

Ticker:       NPN            Security ID:  S53435103
Meeting Date: AUG 23, 2019   Meeting Type: Annual
Record Date:  AUG 16, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accept Financial Statements and         For       For          Management
      Statutory Reports for the Year Ended
      31 March 2019
2     Approve Dividends for N Ordinary and A  For       For          Management
      Ordinary Shares
3     Reappoint PricewaterhouseCoopers Inc    For       For          Management
      as Auditors of the Company with V
      Myburgh as the Individual Registered
      Auditor
4     Re-elect Nolo Letele as Directors       For       For          Management
5.1   Re-elect Koos Bekker as Director        For       For          Management
5.2   Re-elect Steve Pacak as Director        For       For          Management
5.3   Re-elect Cobus Stofberg as Director     For       For          Management
5.4   Re-elect Ben van der Ross as Director   For       For          Management
5.5   Re-elect Debra Meyer as Director        For       For          Management
6.1   Re-elect Don Eriksson as Member of the  For       For          Management
      Audit Committee
6.2   Re-elect Ben van der Ross as Member of  For       For          Management
      the Audit Committee
6.3   Re-elect Rachel Jafta as Member of the  For       For          Management
      Audit Committee
7     Approve Remuneration Policy             For       For          Management
8     Approve Implementation of the           For       For          Management
      Remuneration Policy
9     Place Authorised but Unissued Shares    For       Against      Management
      under Control of Directors
10    Authorise Board to Issue Shares for     For       For          Management
      Cash
11    Approve Amendments to the Trust Deed    For       For          Management
      constituting the Naspers Restricted
      Stock Plan Trust and the Share Scheme
      envisaged by such Trust Deed
12    Authorise Ratification of Approved      For       For          Management
      Resolutions
1.1   Approve Fees of the Board Chairman      For       For          Management
1.2   Approve Fees of the Board Member        For       For          Management
1.3   Approve Fees of the Audit Committee     For       For          Management
      Chairman
1.4   Approve Fees of the Audit Committee     For       For          Management
      Member
1.5   Approve Fees of the Risk Committee      For       For          Management
      Chairman
1.6   Approve Fees of the Risk Committee      For       For          Management
      Member
1.7   Approve Fees of the Human Resources     For       For          Management
      and Remuneration Committee Chairman
1.8   Approve Fees of the Human Resources     For       For          Management
      and Remuneration Committee Member
1.9   Approve Fees of the Nomination          For       For          Management
      Committee Chairman
1.10  Approve Fees of the Nomination          For       For          Management
      Committee Member
1.11  Approve Fees of the Social and Ethics   For       For          Management
      Committee Chairman
1.12  Approve Fees of the Social and Ethics   For       For          Management
      Committee Member
1.13  Approve Fees of the Trustees of Group   For       For          Management
      Share Schemes/Other Personnel Funds
2     Approve Financial Assistance in Terms   For       For          Management
      of Section 44 of the Companies Act
3     Approve Financial Assistance in Terms   For       For          Management
      of Section 45 of the Companies Act
4     Authorise Repurchase of N Ordinary      For       For          Management
      Shares
5     Authorise Repurchase of A Ordinary      For       For          Management
      Shares
6     Authorise Specific Repurchase of N      For       For          Management
      Ordinary Shares from Holders of N
      Ordinary Shares


--------------------------------------------------------------------------------

NASPERS LTD.

Ticker:       NPN            Security ID:  S53435103
Meeting Date: AUG 23, 2019   Meeting Type: Special
Record Date:  AUG 16, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Matters in Relation to the      For       For          Management
      Implementation of the Proposed
      Transaction


--------------------------------------------------------------------------------

RYANAIR HOLDINGS PLC

Ticker:       RY4C           Security ID:  783513203
Meeting Date: SEP 19, 2019   Meeting Type: Annual
Record Date:  AUG 12, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accept Financial Statements and         For       For          Management
      Statutory Reports
2     Approve Remuneration Report             For       Against      Management
3a    Re-elect David Bonderman as Director    For       For          Management
3b    Re-elect Roisin Brennan as Director     For       For          Management
3c    Re-elect Michael Cawley as Director     For       For          Management
3d    Re-elect Emer Daly as Director          For       For          Management
3e    Re-elect Stan McCarthy as Director      For       For          Management
3f    Re-elect Kyran McLaughlin as Director   For       For          Management
3g    Re-elect Howard Millar as Director      For       For          Management
3h    Re-elect Dick Milliken as Director      For       For          Management
3i    Re-elect Michael O'Brien as Director    For       For          Management
3j    Re-elect Michael O'Leary as Director    For       For          Management
3k    Re-elect Julie O'Neill as Director      For       For          Management
3l    Re-elect Louise Phelan as Director      For       Against      Management
4     Authorise Board to Fix Remuneration of  For       For          Management
      Auditors
5     Authorise Issue of Equity               For       For          Management
6     Authorise Issue of Equity without       For       For          Management
      Pre-emptive Rights
7     Authorise Market Purchase and/or        For       For          Management
      Overseas Market Purchase of Ordinary
      Shares
8     Approve Long Term Incentive Plan        For       For          Management


--------------------------------------------------------------------------------

SHANGHAI FOSUN PHARMACEUTICAL (GROUP) CO., LTD.

Ticker:       2196           Security ID:  Y7687D109
Meeting Date: OCT 21, 2019   Meeting Type: Special
Record Date:  SEP 20, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Transaction Agreement,          For       For          Management
      Rollover Agreement and Related
      Transactions
2     Approve Renewal of Continuing           For       For          Management
      Connected Transactions


--------------------------------------------------------------------------------

SILICON MOTION TECHNOLOGY CORP.

Ticker:       SIMO           Security ID:  82706C108
Meeting Date: SEP 25, 2019   Meeting Type: Annual
Record Date:  AUG 12, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Elect Steve Chen and Tsung-Ming Chung   For       For          Management
      as Directors
2     Approve Appointment of Deloitte &       For       For          Management
      Touche as Independent Auditor


--------------------------------------------------------------------------------

SINGAPORE TELECOMMUNICATIONS LIMITED

Ticker:       Z74            Security ID:  Y79985209
Meeting Date: JUL 23, 2019   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Adopt Financial Statements and          For       For          Management
      Directors' and Auditors' Reports
2     Approve Final Dividend                  For       For          Management
3     Elect Christina Hon Kwee Fong           For       For          Management
      (Christina Ong) as Director
4     Elect Simon Claude Israel as Director   For       For          Management
5     Elect Dominic Stephen Barton as         For       For          Management
      Director
6     Elect Bradley Joseph Horowitz as        For       For          Management
      Director
7     Elect Gail Patricia Kelly as Director   For       For          Management
8     Approve Directors' Fees                 For       For          Management
9     Approve Auditors and Authorize Board    For       For          Management
      to Fix Their Remuneration
10    Approve Issuance of Equity or           For       For          Management
      Equity-Linked Securities with or
      without Preemptive Rights
11    Approve Grant of Awards and Issuance    For       For          Management
      of Shares Under the Singtel
      Performance Share Plan 2012
12    Authorize Share Repurchase Program      For       For          Management


--------------------------------------------------------------------------------

UBISOFT ENTERTAINMENT SA

Ticker:       UBI            Security ID:  F9396N106
Meeting Date: JUL 02, 2019   Meeting Type: Annual/Special
Record Date:  JUN 28, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Financial Statements and        For       For          Management
      Statutory Reports
2     Approve Allocation of Income and        For       For          Management
      Absence of Dividends
3     Approve Consolidated Financial          For       For          Management
      Statements and Statutory Reports
4     Approve Auditors' Special Report on     For       For          Management
      Related-Party Transactions
5     Approve Compensation of Yves            For       For          Management
      Guillemot, Chairman and CEO
6     Approve Compensation of Claude          For       For          Management
      Guillemot, Vice-CEO
7     Approve Compensation of Michel          For       For          Management
      Guillemot, Vice-CEO
8     Approve Compensation of Gerard          For       For          Management
      Guillemot, Vice-CEO
9     Approve Compensation of Christian       For       For          Management
      Guillemot, Vice-CEO
10    Approve Remuneration Policy for         For       For          Management
      Chairman and CEO
11    Approve Remuneration Policy for         For       For          Management
      Vice-CEOs
12    Reelect Virginie Haas as Director       For       For          Management
13    Reelect Corinne Fernandez-Handelsman    For       For          Management
      as Director
14    Renew Appointment of KPMG SA as Auditor For       For          Management
15    Acknowledge End of Mandate of KPMG      For       For          Management
      Audit IS SAS as Alternate Auditor and
      Decision to Neither Replace Nor Renew
16    Authorize Repurchase of Up to 10        For       For          Management
      Percent of Issued Share Capital
17    Authorize Decrease in Share Capital     For       For          Management
      via Cancellation of Repurchased Shares
18    Authorize Capitalization of Reserves    For       For          Management
      of Up to EUR 10 Million for Bonus
      Issue or Increase in Par Value
19    Authorize Issuance of Equity or         For       For          Management
      Equity-Linked Securities with
      Preemptive Rights up to Aggregate
      Nominal Amount of EUR 1.45 Million
20    Authorize Issuance of Equity or         For       For          Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate
      Nominal Amount of EUR 850,000
21    Approve Issuance of Equity or           For       For          Management
      Equity-Linked Securities for Private
      Placements, up to Aggregate Nominal
      Amount of EUR 850,000
22    Authorize Board to Set Issue Price for  For       For          Management
      10 Percent Per Year of Issued Capital
      Pursuant to Issue Authority without
      Preemptive Rights
23    Authorize Capital Increase of up to 10  For       For          Management
      Percent of Issued Capital for
      Contributions in Kind
24    Authorize Capital Issuances for Use in  For       For          Management
      Employee Stock Purchase Plans
25    Authorize Capital Issuances for Use in  For       For          Management
      Employee Stock Purchase Plans
      (International Subsidiaries)
26    Authorize Capital Issuances for Use in  For       For          Management
      Employee Stock Purchase Plans,
      Reserved for Employees and Corporate
      Officers of International Subsidiaries
      (Specific Countries)
27    Authorize up to 2 Percent of Issued     For       For          Management
      Capital for Use in Restricted Stock
      Plans
28    Set Total Limit for Capital Increase    For       For          Management
      to Result from Issuance Requests Under
      Items 19 to 27 at EUR 4 Million
29    Amend Article 8 of Bylaws Re: Employee  For       For          Management
      Representative
30    Amend Article 14 of Bylaws Re: Auditors For       For          Management
31    Authorize Filing of Required            For       For          Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

ULVAC, INC.

Ticker:       6728           Security ID:  J94048105
Meeting Date: SEP 27, 2019   Meeting Type: Annual
Record Date:  JUN 30, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Allocation of Income, with a    For       For          Management
      Final Dividend of JPY 105
2.1   Elect Director Iwashita, Setsuo         For       For          Management
2.2   Elect Director Motoyoshi, Mitsuru       For       For          Management
2.3   Elect Director Matsudai, Masasuke       For       For          Management
2.4   Elect Director Choong Ryul Paik         For       For          Management
2.5   Elect Director Aoki, Sadao              For       For          Management
2.6   Elect Director Mihayashi, Akira         For       For          Management
2.7   Elect Director Uchida, Norio            For       For          Management
2.8   Elect Director Ishida, Kozo             For       For          Management
2.9   Elect Director Nakajima, Yoshimi        For       For          Management
3.1   Appoint Statutory Auditor Ito, Makoto   For       For          Management
3.2   Appoint Statutory Auditor Asada, Senshu For       For          Management
4     Appoint Alternate Statutory Auditor     For       For          Management
      Nonaka, Takao


--------------------------------------------------------------------------------

VODAFONE GROUP PLC

Ticker:       VOD            Security ID:  G93882192
Meeting Date: JUL 23, 2019   Meeting Type: Annual
Record Date:  JUL 19, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accept Financial Statements and         For       For          Management
      Statutory Reports
2     Elect Sanjiv Ahuja as Director          For       For          Management
3     Elect David Thodey as Director          For       For          Management
4     Re-elect Gerard Kleisterlee as Director For       For          Management
5     Re-elect Nick Read as Director          For       For          Management
6     Re-elect Margherita Della Valle as      For       For          Management
      Director
7     Re-elect Sir Crispin Davis as Director  For       For          Management
8     Re-elect Michel Demare as Director      For       For          Management
9     Re-elect Dame Clara Furse as Director   For       For          Management
10    Re-elect Valerie Gooding as Director    For       For          Management
11    Re-elect Renee James as Director        For       For          Management
12    Re-elect Maria Amparo Moraleda          For       For          Management
      Martinez as Director
13    Re-elect David Nish as Director         For       For          Management
14    Approve Final Dividend                  For       For          Management
15    Approve Remuneration Report             For       For          Management
16    Appoint Ernst & Young LLP as Auditors   For       For          Management
17    Authorise the Audit and Risk Committee  For       For          Management
      to Fix Remuneration of Auditors
18    Authorise Issue of Equity               For       For          Management
19    Authorise Issue of Equity without       For       For          Management
      Pre-emptive Rights
20    Authorise Issue of Equity without       For       For          Management
      Pre-emptive Rights in Connection with
      an Acquisition or Other Capital
      Investment
21    Authorise Market Purchase of Ordinary   For       For          Management
      Shares
22    Authorise EU Political Donations and    For       For          Management
      Expenditure
23    Authorise the Company to Call General   For       For          Management
      Meeting with Two Weeks' Notice




=================== VANGUARD INTERNATIONAL VALUE FUND - ARGA ===================

Each investment advisor's votes cast are shown separately below. The votes
reported reflect votes cast at the Fund's/advisor's discretion and exclude any
votes cast pursuant to a regulatory requirement.


ADECCO GROUP AG

Ticker:       ADEN SW        Security ID:  H00392318
Meeting Date: APR 16, 2020   Meeting Type: Annual
Record Date:  APR 08, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Accounts and Reports                    For       For          Management
1.2   Compensation Report                     For       Against      Management
2     Allocation of Profits/Dividends         For       For          Management
3     Ratification of Board and Management    For       For          Management
      Acts
4.1   Board Compensation                      For       For          Management
4.2   Executive Compensation                  For       For          Management
5.1.1 Elect Jean-Christophe Deslarzes         For       For          Management
5.1.2 Elect Ariane Gorin                      For       For          Management
5.1.3 Elect Alexander Gut                     For       For          Management
5.1.4 Elect Didier Lamouche                   For       For          Management
5.1.5 Elect David N. Prince                   For       For          Management
5.1.6 Elect Kathleen P. Taylor                For       For          Management
5.1.7 Elect Regula Wallimann                  For       For          Management
5.1.8 Appoint Jean-Christophe Deslarzes as    For       For          Management
      Board Chair
5.1.9 Elect Rachel Duan                       For       Against      Management
5.2.1 Elect Kathleen P. Taylor as             For       For          Management
      Compensation Committee Member
5.2.2 Elect Didier Lamouche as Compensation   For       For          Management
      Committee Member
5.2.3 Elect Rachel Duan as Compensation       For       Against      Management
      Committee Member
5.3   Appointment of Independent Proxy        For       For          Management
5.4   Appointment of Auditor                  For       For          Management
6     Cancellation of Shares and Reduction    For       For          Management
      in Share Capital


--------------------------------------------------------------------------------

ANHEUSER-BUSCH IN BEV SA/NV

Ticker:       ABI BB         Security ID:  B639CJ108
Meeting Date: JUN 03, 2020   Meeting Type: Mix
Record Date:  MAY 20, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
A.1.A Amendments to Articles Regarding        For       For          Management
      Decision-Making
A.1.B Amendments to Articles Regarding        For       For          Management
      Dividend Provisions
A.1.C Opt-in to the Belgian Code on           For       For          Management
      Companies and Associations
B.5   Accounts and Reports; Allocation of     For       For          Management
      Profits/Dividends
B.6   Ratification of Board Acts              For       For          Management
B.7   Ratification of Auditors Acts           For       For          Management
B.8.A Elect M. Michele Burns                  For       For          Management
B.8.B Elect Elio Leoni Sceti                  For       For          Management
B.8.C Elect Alexandre Van Damme               For       For          Management
B.8.D Elect Gregoire de Spoelberch            For       For          Management
B.8.E Elect Paul Cornet de Ways-Ruart         For       Against      Management
B.8.F Elect Paulo Alberto Lemann              For       For          Management
B.8.G Elect Maria Asuncion Aramburuzabala     For       Against      Management
      Larregui
B.8.H Elect Roberto  Moses Thompson Motta     For       Against      Management
B.8.I Elect Martin J. Barrington              For       For          Management
B.8.J Elect William F. Gifford                For       For          Management
B.8.K Elect Alejandro Santo Domingo Davila    For       Against      Management
B.9   Remuneration Report                     For       Against      Management
C.10  Authorization of Legal Formalities      For       For          Management


--------------------------------------------------------------------------------

ATOS SE

Ticker:       ATO FP         Security ID:  F06116101
Meeting Date: JUN 16, 2020   Meeting Type: Mix
Record Date:  JUN 11, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
O.1   Accounts and Reports                    For       For          Management
O.2   Consolidated Accounts and Reports       For       For          Management
O.3   Allocation of Profits/Dividends         For       For          Management
O.4   Ratification of the Co-option of Elie   For       For          Management
      Girard
O.5   Ratification of the Co-option of        For       For          Management
      Cedrik Neike
O.6   Elect Nicolas Bazire                    For       For          Management
O.7   Elect Valerie Bernis                    For       For          Management
O.8   Elect Colette Neuville                  For       For          Management
O.9   Elect Cedrik Neike                      For       For          Management
O.10  Elect Jean Fleming                      For       Against      Management
O.11  Appointment of Auditor                  For       For          Management
O.12  Non-Renewal of Alternate Auditor        For       For          Management
O.13  Special Auditors Report on Regulated    For       For          Management
      Agreements
O.14  Remuneration of Thierry Breton, Chair   For       For          Management
      and CEO (until October 31, 2019)
O.15  Remuneration of Bertrand Meunier,       For       For          Management
      Chair (since November 1, 2019)
O.16  Remuneration of Elie Girard, Deputy     For       For          Management
      CEO (from April 2 to October 31, 2019)
O.17  Remuneration of Elie Girard, CEO        For       For          Management
      (since November 1, 2019)
O.18  Remuneration Report                     For       For          Management
O.19  Remuneration Policy (Board of           For       For          Management
      Directors)
O.20  Remuneration Policy (Chair)             For       For          Management
O.21  Remuneration Policy (CEO)               For       For          Management
O.22  Authority to Repurchase and Reissue     For       For          Management
      Shares
E.23  Authority to Cancel Shares and Reduce   For       For          Management
      Capital
E.24  Authority to Issue Shares and           For       Abstain      Management
      Convertible Debt w/ Preemptive Rights
E.25  Authority to Issue Shares and           For       Abstain      Management
      Convertible Debt w/o Preemptive Rights
      and to Increase Capital in Case of
      Exchange Offers
E.26  Authority to Issue Shares and           For       Abstain      Management
      Convertible Debt Through Private
      Placement
E.27  Authority to Increase Capital in        For       For          Management
      Consideration for Contributions In Kind
E.28  Greenshoe                               For       Abstain      Management
E.29  Authority to Increase Capital Through   For       For          Management
      Capitalisations
E.30  Employee Stock Purchase Plan            For       For          Management
E.31  Stock Purchase Plan for Overseas        For       For          Management
      Employees
E.32  Authority to Issue Performance Shares   For       For          Management
E.33  Amendments to Articles Regarding        For       For          Management
      Employee Representatives
E.34  Amendments to Articles Regarding        For       For          Management
      Directors and Censors Remuneration
E.35  Amendments to Articles Regarding        For       For          Management
      Written Consultation
E.36  Amendments to Articles Regarding Share  For       For          Management
      Ownership Thresholds
E.37  Authorisation of Legal Formalities      For       For          Management


--------------------------------------------------------------------------------

BAE SYSTEMS PLC

Ticker:       BA/ LN         Security ID:  G06940103
Meeting Date: MAY 07, 2020   Meeting Type: Annual
Record Date:  MAY 05, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accounts and Reports                    For       For          Management
2     Remuneration Policy (Binding)           For       For          Management
3     Remuneration Report (Advisory)          For       For          Management
4     Elect Revathi Advaithi                  For       For          Management
5     Elect Roger Carr                        For       For          Management
6     Elect Elizabeth Corley                  For       For          Management
7     Elect Chris Grigg                       For       For          Management
8     Elect Paula Rosput Reynolds             For       For          Management
9     Elect Nicholas Rose                     For       For          Management
10    Elect Ian Tyler                         For       For          Management
11    Elect Charles Woodburn                  For       For          Management
12    Elect Thomas Arseneault                 For       For          Management
13    Elect Bradley Greve                     For       For          Management
14    Elect Jane Griffiths                    For       For          Management
15    Elect Stephen T. Pearce                 For       For          Management
16    Elect Nicole W. Piasecki                For       For          Management
17    Appointment of Auditor                  For       For          Management
18    Authority to Set Auditors Fees          For       For          Management
19    Authorisation of Political Donations    For       Against      Management
20    Authority to Issue Shares w/            For       Against      Management
      Preemptive Rights
21    Authority to Issue Shares w/o           For       Against      Management
      Preemptive Rights
22    Authority to Repurchase Shares          For       For          Management
23    Authority to Set General Meeting        For       For          Management
      Notice Period at 14 Days


--------------------------------------------------------------------------------

BP PLC

Ticker:       BP US          Security ID:  055622
Meeting Date: MAY 27, 2020   Meeting Type: Annual
Record Date:  MAR 26, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accounts and Reports                    For       For          Management
2     Remuneration Report (Advisory)          For       For          Management
3     Remuneration Policy (Binding)           For       For          Management
4A.   Elect Bernard Looney                    For       For          Management
4B.   Elect Brian Gilvary                     For       For          Management
4C.   Elect Alison J. Carnwath                For       For          Management
4D.   Elect Pamela Daley                      For       For          Management
4E.   Elect Ian E.L. Davis                    For       For          Management
4F.   Elect Dame Ann Dowling                  For       For          Management
4G.   Elect Helge Lund                        For       For          Management
4H.   Elect Melody B. Meyer                   For       For          Management
4I.   Elect Brendan R. Nelson                 For       For          Management
4J.   Elect Paula Rosput Reynolds             For       For          Management
4K.   Elect John Sawers                       For       For          Management
5     Appointment of Auditor                  For       For          Management
6     Authority to Set Auditors Fees          For       For          Management
7     Executive Incentive Plan                For       For          Management
8     Authorisation of Political Donations    For       For          Management
9     Authority to Issue Shares w/            For       For          Management
      Preemptive Rights
10    Authority to Issue Shares w/o           For       For          Management
      Preemptive Rights
11    Authority to Issue Shares w/o           For       For          Management
      Preemptive Rights (Specified Capital
      Investment)
12    Authority to Repurchase Shares          For       For          Management
13    Authority to Set General Meeting        For       For          Management
      Notice Period at 14 Days


--------------------------------------------------------------------------------

CANADIAN NATURAL RESOURCES LTD.

Ticker:       CNQ CN         Security ID:  136385
Meeting Date: MAY 07, 2020   Meeting Type: Annual
Record Date:  MAR 18, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.01  Elect Catherine M. Best                 For       For          Management
1.02  Elect M. Elizabeth Cannon               For       For          Management
1.03  Elect N. Murray Edwards                 For       For          Management
1.04  Elect Christopher L. Fong               For       For          Management
1.05  Elect Gordon D. Giffin                  For       For          Management
1.06  Elect Wilfred A. Gobert                 For       For          Management
1.07  Elect Steve W. Laut                     For       For          Management
1.08  Elect Tim S. McKay                      For       For          Management
1.09  Elect Frank J. McKenna                  For       For          Management
1.1   Elect David A. Tuer                     For       For          Management
1.1   Elect Annette Verschuren                For       For          Management
2     Appointment of Auditor and Authority    For       For          Management
      to Set Fees
3     Advisory Vote on Executive Compensation For       For          Management


--------------------------------------------------------------------------------

CHINA MOBILE LIMITED

Ticker:       941 HK         Security ID:  Y14965100
Meeting Date: MAY 20, 2020   Meeting Type: Annual
Record Date:  MAY 13, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accounts and Reports                    For       For          Management
2     Allocation of Profits/Dividends         For       For          Management
3     Elect WANG Yuhang as Executive Director For       For          Management
4.I   Elect Paul CHOW Man Yiu                 For       For          Management
4.II  Elect Stephen YIU Kin Wah               For       For          Management
5     Appointment of Auditor and Authority    For       For          Management
      to Set Fees
6     Authority to Repurchase Shares          For       For          Management
7     Authority to Issue Shares w/o           For       Against      Management
      Preemptive Rights
8     Authority to Issue Repurchased Shares   For       Against      Management
9     Adoption of New Share Option Scheme     For       For          Management


--------------------------------------------------------------------------------

CK ASSET HOLDINGS LIMITED

Ticker:       1113 HK        Security ID:  G2177B101
Meeting Date: MAY 14, 2020   Meeting Type: Annual
Record Date:  MAY 08, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accounts and Reports                    For       For          Management
2     Allocation of Profits/Dividends         For       For          Management
3.1   Elect Victor LI Tzar Kuoi               For       Against      Management
3.2   Elect Justin CHIU Kwok Hung             For       Against      Management
3.3   Elect Henry CHEONG Ying Chew            For       Against      Management
3.4   Elect Katherine HUNG Siu Lin            For       For          Management
3.5   Elect Colin S. Russel                   For       For          Management
4     Appointment of Auditor and Authority    For       For          Management
      to Set Fees
5.1   Authority to Issue Shares w/o           For       For          Management
      Preemptive Rights
5.2   Authority to Repurchase Shares          For       For          Management
6     Amendments to Articles                  For       For          Management


--------------------------------------------------------------------------------

CK HUTCHISON HOLDINGS LIMITED

Ticker:       1 HK           Security ID:  G21765105
Meeting Date: MAY 14, 2020   Meeting Type: Annual
Record Date:  MAY 08, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accounts and Reports                    For       For          Management
2     Allocation of Profits/Dividends         For       For          Management
3.A   Elect Canning  FOK Kin Ning             For       For          Management
3.B   Elect KAM Hing Lam                      For       For          Management
3.C   Elect Edith SHIH                        For       For          Management
3.D   Elect Roland CHOW Kun Chee              For       Against      Management
3.E   Elect LEUNG Siu Hon                     For       Against      Management
3.F   Elect Vincent CHENG Hoi-Chuen           For       Against      Management
4     Appointment of Auditor and Authority    For       For          Management
      to Set Fees
5.1   Authority to Issue Shares w/o           For       For          Management
      Preemptive Rights
5.2   Authority to Repurchase Shares          For       For          Management
6     Amendments to Articles                  For       For          Management


--------------------------------------------------------------------------------

CNH INDUSTRIAL NV

Ticker:       CNHI IM        Security ID:  N20944109
Meeting Date: APR 16, 2020   Meeting Type: Annual
Record Date:  MAR 19, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
2.B   Accounts and Reports                    For       For          Management
2.C   Allocation of Profits/Dividends         For       For          Management
2.D   Ratification of Board Acts              For       For          Management
3.A   Remuneration Report                     For       For          Management
3.B   Amendments to Remuneration Policy       For       For          Management
3.C   Equity Compensation Plan                For       For          Management
4.A   Elect Suzanne Heywood                   For       For          Management
4.C   Elect Leo W. Houle                      For       For          Management
4.D   Elect John Lanaway                      For       For          Management
4.E   Elect Alessandro Nasi                   For       Against      Management
4.F   Elect Lorenzo Simonelli                 For       For          Management
4.G   Elect Jacqueline Tammenoms Bakker       For       For          Management
4.H   Elect Jacques Theurillat                For       For          Management
4.I   Elect Howard W. Buffett                 For       For          Management
4.J   Elect Nelda J. Connors                  For       For          Management
4.K   Elect Tufan Erginbilgic                 For       For          Management
4.L   Elect Vagn Ove Sorensen                 For       For          Management
5     Appointment of Auditor                  For       For          Management
6     Authority to Repurchase Shares          For       For          Management


-------------------------------------------------------------------------------

COGNAEDUCACAO S.A.

Ticker:       COGN3 BZ       Security ID:  BRCOGNACNOR2
Meeting Date: DEC 09, 2019   Meeting Type: Special
Record Date:  DEC 05, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Change of Company Name                  For       For          Management
2     Amendments to Articles                  For       For          Management
3     Board Size                              For       For          Management
4     Request Cumulative Voting                         Abstain      Management
                                              Undetermined
5     Election of Directors                   For       For          Management
6     Approve Recasting of Votes for Amended            Against      Management
      Slate                                   Undetermined
7     Proportional Allocation of Cumulative             Abstain      Management
      Votes                                   Undetermined
8.1   Allocate Cumulative Votes to Evando               Abstain      Management
      Jose Neiva                              Undetermined
8.2   Allocate Cumulative Votes to Juliana              Abstain      Management
      Rozenbaum Munemori                      Undetermined
8.3   Allocate Cumulative Votes to Luiz                 Abstain      Management
      Antonio de Moraes Carvalho              Undetermined
8.4   Allocate Cumulative Votes to Nicolau              Abstain      Management
      Ferreira Chacur                         Undetermined
8.5   Allocate Cumulative Votes to Rodrigo              Abstain      Management
      Calvo Galindo                           Undetermined
8.6   Allocate Cumulative Votes to Thiago               Abstain      Management
      dos Santos Piau                         Undetermined
8.7   Allocate Cumulative Votes to Walfrido             Abstain      Management
      Silvino dos Mares Guia Neto             Undetermined


-------------------------------------------------------------------------------

CREDIT AGRICOLE S.A.

Ticker:       ACA FP         Security ID:  F22797108
Meeting Date: MAY 13, 2020   Meeting Type: Mix
Record Date:  MAY 08, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
O.1   Accounts and Reports; Non               For       For          Management
      Tax-Deductible Expenses
O.2   Consolidated Accounts and Reports       For       For          Management
O.3   Allocation of Profits/Dividends         For       For          Management
O.4   Related Party Transactions (Credit      For       For          Management
      Agricole CIB)
O.5   Elect Marie-Claire Daveu                For       For          Management
O.6   Elect Pierre Cambefort                  For       For          Management
O.7   Elect Pascal Lheureux                   For       For          Management
O.8   Elect Philippe de Waal                  For       For          Management
O.9   Elect Caroline Catoire                  For       For          Management
O.10  Elect Laurence Dors                     For       For          Management
O.11  Elect Francoise Gri                     For       For          Management
O.12  Elect Catherine Pourre                  For       For          Management
O.13  Elect Daniel Epron                      For       For          Management
O.14  Elect Gerard Ouvrier-Buffet             For       For          Management
O.15  Remuneration Policy (Chair)             For       For          Management
O.16  Remuneration Policy (CEO)               For       For          Management
O.17  Remuneration Policy (Deputy CEO)        For       For          Management
O.18  Remuneration Policy (Board of           For       For          Management
      Directors Members)
O.19  Remuneration of Dominique Lefebvre,     For       For          Management
      Chair
O.20  Remuneration of Philippe Brassac, CEO   For       For          Management
O.21  Remuneration of Xavier Musca, Deputy    For       For          Management
      CEO
O.22  Remuneration Report                     For       For          Management
O.23  Remuneration of Identified Staff        For       For          Management
O.24  Maximum Variable Pay Ratio              For       For          Management
O.25  Authority to Repurchase and Reissue     For       For          Management
      Shares
E.26  Amendments to Articles Regarding        For       For          Management
      Employee Representatives
E.27  Amendments to Articles (Technical)      For       For          Management
E.28  Authority to Issue Shares and           For       Against      Management
      Convertible Debt w/ Preemptive Rights
E.29  Authority to Issue Shares and           For       Against      Management
      Convertible Debt Through Private
      Placement
E.30  Authority to Issue Shares and           For       Against      Management
      Convertible Debt w/o Preemptive Rights
E.31  Greenshoe                               For       Against      Management
E.32  Authority to Increase Capital in        For       Against      Management
      Consideration for Contributions In Kind
E.33  Authority to Set Offering Price of      For       Against      Management
      Shares
E.34  Global Ceiling on Capital Increases     For       Against      Management
E.35  Authority to Increase Capital Through   For       Against      Management
      Capitalisations
E.36  Employee Stock Purchase Plan            For       For          Management
E.37  Stock Purchase Plan for Overseas        For       For          Management
      Employees
E.38  Authority to Cancel Shares and Reduce   For       For          Management
      Capital
E.39  Authority to Issue Performance Shares   For       For          Management
E.40  Authorisation of Legal Formalities      For       For          Management


--------------------------------------------------------------------------------

CREDIT SUISSE GROUP AG

Ticker:       CSGN SW        Security ID:  H3698D419
Meeting Date: APR 30, 2020   Meeting Type: Annual
Record Date:  APR 27, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Compensation Report                     For       Against      Management
1.2   Accounts and Reports                    For       For          Management
2     Ratification of Board and Management    For       Against      Management
      Acts
3     Allocation of Profits/Dividends         For       For          Management
4     Cancellation of Shares and Reduction    For       For          Management
      in Share Capital
5.1.1 Elect Urs Rohner as Board Chair         For       For          Management
5.1.2 Elect Iris Bohnet                       For       For          Management
5.1.3 Elect Christian Gellerstad              For       For          Management
5.1.4 Elect Andreas Gottschling               For       For          Management
5.1.5 Elect Michael Klein                     For       For          Management
5.1.6 Elect Shan Li                           For       For          Management
5.1.7 Elect Seraina Macia                     For       For          Management
5.1.8 Elect Kaikhushru Nargolwala             For       For          Management
5.1.9 Elect Ana Paula Pessoa                  For       For          Management
5.11  Elect Joaquin J. Ribeiro                For       For          Management
5.111 Elect Severin Schwan                    For       For          Management
5.112 Elect John Tiner                        For       For          Management
5.113 Elect Richard H. Meddings               For       For          Management
5.2.1 Elect Iris Bohnet as Compensation       For       For          Management
      Committee Member
5.2.2 Elect Christian Gellerstad as           For       For          Management
      Compensation Committee Member
5.2.3 Elect Michael Klein as Compensation     For       For          Management
      Committee Member
5.2.4 Elect Kaikhushru Nargolwala as          For       For          Management
      Compensation Committee Member
6.1   Board Compensation                      For       For          Management
6.2.1 Executive Compensation (Short-Term)     For       For          Management
6.2.2 Executive Compensation (Fixed)          For       For          Management
6.2.3 Executive Compensation (Long-Term)      For       For          Management
7.1   Appointment of Auditor                  For       For          Management
7.2   Appointment of Special Auditor          For       For          Management
7.3   Appointment of Independent Proxy        For       For          Management
8.1   Additional or Amended Shareholder                 Abstain      Shareholder
      Proposals                               Undetermined
8.2   Additional or Amended Board Proposals             Against      Management
                                              Undetermined


--------------------------------------------------------------------------------

DAIWA SECURITIES GROUP INC

Ticker:       8601 JP        Security ID:  J11718111
Meeting Date: JUN 25, 2020   Meeting Type: Annual
Record Date:  MAR 31, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Takashi Hibino                    For       For          Management
1.2   Elect Seiji Nakata                      For       For          Management
1.3   Elect Toshihiro Matsui                  For       For          Management
1.4   Elect Keiko Tashiro                     For       For          Management
1.5   Elect Akihiko Ogino                     For       For          Management
1.6   Elect Sachiko Hanaoka                   For       For          Management
1.7   Elect Hiromasa Kawashima                For       For          Management
1.8   Elect Michiaki Ogasawara                For       For          Management
1.9   Elect Hirotaka Takeuchi                 For       For          Management
1.1   Elect Ikuo Nishikawa                    For       For          Management
1.11  Elect Eriko Kawai                       For       For          Management
1.12  Elect Katsuyuki Nishikawa               For       For          Management
1.13  Elect Toshio Iwamoto                    For       For          Management


--------------------------------------------------------------------------------

DIRECT LINE INSURANCE GROUP PLC

Ticker:       DLG LN         Security ID:  G2871V114
Meeting Date: MAY 14, 2020   Meeting Type: Annual
Record Date:  MAY 12, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accounts and Reports                    For       For          Management
2     Remuneration Report (Advisory)          For       For          Management
3     Remuneration Policy (Binding)           For       For          Management
4     Elect Michael Biggs                     For       For          Management
5     Elect Danuta Gray                       For       For          Management
6     Elect Mark Gregory                      For       For          Management
7     Elect Jane Hanson                       For       For          Management
8     Elect Tim W. Harris                     For       For          Management
9     Elect Penny J James                     For       For          Management
10    Elect Sebastian R. James                For       For          Management
11    Elect Fiona McBain                      For       Against      Management
12    Elect Gregor Stewart                    For       For          Management
13    Elect Richard C. Ward                   For       For          Management
14    Appointment of Auditor                  For       For          Management
15    Authority to Set Auditors Fees          For       For          Management
16    Authorisation of Political Donations    For       Against      Management
17    Approval of Long-Term Incentive Plan    For       For          Management
18    Approval of Deferred Annual Incentive   For       For          Management
      Plan
19    Authority to Issue Shares w/            For       Against      Management
      Preemptive Rights
20    Authority to Issue Shares w/o           For       Against      Management
      Preemptive Rights
21    Authority to Issue Shares w/o           For       Against      Management
      Preemptive Rights (Specified Capital
      Investment)
22    Authority to Repurchase Shares          For       For          Management
23    Authority to Issue Restricted Tier 1    For       For          Management
      Capital Instruments w/ Preemptive
      Rights
24    Authority to Issue Restricted Tier 1    For       For          Management
      Capital Instruments w/o Preemptive
      Rights
25    Authority to Set General Meeting        For       For          Management
      Notice Period at 14 Days
26    Adoption of New Articles of Association For       For          Management


--------------------------------------------------------------------------------

E-MART CO LTD

Ticker:       139480 KS      Security ID:  KR7139480008
Meeting Date: MAR 25, 2020   Meeting Type: Annual
Record Date:  DEC 31, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Financial Statements and Allocation of  For       Against      Management
      Profits/Dividends
2     Amendments to Articles                  For       For          Management
3.1   Elect KANG Heui Seok                    For       Against      Management
3.2   Elect KWEON Hyeuk Goo                   For       For          Management
4     Directors Fees                          For       For          Management


--------------------------------------------------------------------------------

GVC HOLDINGS PLC

Ticker:       GVC LN         Security ID:  IM00B5VQMV65
Meeting Date: FEB 06, 2020   Meeting Type: Special
Record Date:  FEB 04, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Transfer of Tax Residency and           For       For          Management
      Amendment to Articles


--------------------------------------------------------------------------------

HANA FINANCIAL GROUP INC.

Ticker:       086790 KS      Security ID:  KR7086790003
Meeting Date: MAR 20, 2020   Meeting Type: Annual
Record Date:  DEC 31, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Financial Statements and Allocation of  For       Against      Management
      Profits/Dividends
2     Amendments to Articles                  For       Against      Management
3.1   Elect YOON Sung Bock                    For       For          Management
3.2   Elect PARK Won Koo                      For       For          Management
3.3   Elect PAIK Tae Seung                    For       For          Management
3.4   Elect KIM Hong Jin                      For       For          Management
3.5   Elect YANG Dong Hoon                    For       For          Management
3.6   Elect HEO Yoon                          For       Against      Management
3.7   Elect LEE Jung Won                      For       For          Management
4     Election of Independent Director to     For       For          Management
      become Audit Committee Member: CHAH
      Eun Young
5.1   Election of Audit Committee Member:     For       For          Management
      YOON Sung Bock
5.2   Election of Audit Committee Member:     For       For          Management
      KIM Hong Jin
5.3   Election of Audit Committee Member:     For       For          Management
      YANG Dong Hoon
6     Directors Fees                          For       For          Management


--------------------------------------------------------------------------------

ITOCHU CORPORATION

Ticker:       8001 JP        Security ID:  J2501P104
Meeting Date: JUN 19, 2020   Meeting Type: Annual
Record Date:  MAR 31, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Allocation of Profits/Dividends         For       For          Management
2.1   Elect Masahiro Okafuji                  For       For          Management
2.2   Elect Yoshihisa Suzuki                  For       For          Management
2.3   Elect Tomofumi Yoshida                  For       For          Management
2.4   Elect Yuji Fukuda                       For       For          Management
2.5   Elect Fumihiko Kobayashi                For       For          Management
2.6   Elect Tsuyoshi Hachimura                For       For          Management
2.7   Elect Atsuko Muraki                     For       For          Management
2.8   Elect Harufumi Mochizuki                For       For          Management
2.9   Elect Masatoshi Kawana                  For       For          Management
2.1   Elect Makiko Nakamori                   For       For          Management
3     Elect Makoto Kyoda as Statutory Auditor For       For          Management


--------------------------------------------------------------------------------

ITV

Ticker:       ITV LN         Security ID:  G4984A110
Meeting Date: APR 24, 2020   Meeting Type: Annual
Record Date:  APR 22, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accounts and Reports                    For       For          Management
2     Remuneration Report (Advisory)          For       For          Management
3     Remuneration Policy (Binding)           For       For          Management
4     Elect Salman Amin                       For       For          Management
5     Elect Sir Peter Bazalgette              For       For          Management
6     Elect Edward H. Bonham Carter           For       For          Management
7     Elect Margaret Ewing                    For       For          Management
8     Elect Roger Faxon                       For       For          Management
9     Elect Mary Harris                       For       For          Management
10    Elect Chris Kennedy                     For       For          Management
11    Elect Anna Manz                         For       For          Management
12    Elect Carolyn McCall                    For       For          Management
13    Elect Duncan Painter                    For       For          Management
14    Appointment of Auditor                  For       For          Management
15    Authority to Set Auditors Fees          For       For          Management
16    Authorisation of Political Donations    For       For          Management
17    Authority to Issue Shares w/            For       For          Management
      Preemptive Rights
18    Authority to Issue Shares w/o           For       For          Management
      Preemptive Rights
19    Authority to Issue Shares w/o           For       For          Management
      Preemptive Rights (Specified Capital
      Investment)
20    Authority to Repurchase Shares          For       For          Management
21    Authority to Set General Meeting        For       For          Management
      Notice Period at 14 Days


--------------------------------------------------------------------------------

KB FINANCIAL GROUP INC

Ticker:       105560 KS      Security ID:  KR7105560007
Meeting Date: MAR 20, 2020   Meeting Type: Annual
Record Date:  DEC 31, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Financial Statements and Allocation of  For       For          Management
      Profits/Dividends
2     Amendments to Articles                  For       For          Management
3.1   Elect HUR Yin                           For       For          Management
3.2   Elect Stuart B. Solomon                 For       For          Management
3.3   Elect SONU Suk Ho                       For       For          Management
3.4   Elect CHOI Myung Hee                    For       For          Management
3.5   Elect JEONG Kouwhan                     For       For          Management
3.6   Elect KWON Seon Joo                     For       For          Management
4     Election of Independent Director to     For       For          Management
      Become Audit Committee Member: OH
      Gyutaeg
5.1   Election of Audit Committee Member:     For       For          Management
      CHOI Myung Hee
5.2   Election of Audit Committee Member:     For       For          Management
      JEONG Kouwhan
5.3   Election of Audit Committee Member:     For       For          Management
      KIM Kyung Ho
6     Directors Fees                          For       For          Management


--------------------------------------------------------------------------------

L G CHEMICAL

Ticker:       051910 KS      Security ID:  KR7051910008
Meeting Date: MAR 20, 2020   Meeting Type: Annual
Record Date:  DEC 31, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Financial Statements and Allocation of  For       Against      Management
      Profits/Dividends
2.1   Elect KWON Young Su                     For       Against      Management
2.2   Elect CHA Dong Seok                     For       For          Management
2.3   Elect JUNG Dong Min                     For       For          Management
3     Election of Audit Committee Member:     For       For          Management
      JUNG Dong Min
4     Directors Fees                          For       For          Management


--------------------------------------------------------------------------------

LAFARGEHOLCIM LTD

Ticker:       LHN SW         Security ID:  H4768E105
Meeting Date: MAY 12, 2020   Meeting Type: Annual
Record Date:  MAY 04, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Accounts and Reports                    For       For          Management
1.2   Compensation Report                     For       For          Management
2     Ratification of Board and Management    For       For          Management
      Acts
3.1   Allocation of Profits                   For       For          Management
3.2   Dividend from Reserves                  For       For          Management
4.1.1 Elect Beat Hess as Board Chair          For       For          Management
4.1.2 Elect Oscar Fanjul Martin               For       For          Management
4.1.3 Elect Colin Hall                        For       For          Management
4.1.4 Elect Naina Lal Kidwai                  For       For          Management
4.1.5 Elect Patrick Kron                      For       For          Management
4.1.6 Elect Adrian Loader                     For       For          Management
4.1.7 Elect Jurg Oleas                        For       For          Management
4.1.8 Elect Claudia Sender Ramirez            For       For          Management
4.1.9 Elect Hanne Birgitte Breinbjerg         For       For          Management
      Sorensen
4.11  Elect Dieter Spalti                     For       For          Management
4.2.1 Elect Philippe Block                    For       For          Management
4.2.2 Elect Kim Fausing                       For       For          Management
4.3.1 Elect Oscar Fanjul Martin as            For       For          Management
      Nomination, Compensation, and
      Governance Committee Member
4.3.2 Elect Adrian Loader as Nomination,      For       For          Management
      Compensation, and Governance Committee
      Member
4.3.3 Elect Hanne Birgitte Breinbjerg         For       For          Management
      Sorensen as Nomination, Compensation,
      and Governance Committee Member
4.4.1 Elect Colin Hall as Nomination,         For       For          Management
      Compensation, and Governance Committee
      Member
4.4.2 Elect Claudia Sender Ramirez as         For       For          Management
      Nomination, Compensation, and
      Governance Committee Member
4.5.1 Appointment of Auditor                  For       For          Management
4.5.2 Appointment of Independent Proxy        For       For          Management
5.1   Board Compensation                      For       For          Management
5.2   Executive Compensation                  For       For          Management
6     Additional or Amended Proposals                   Against      Management
                                              Undetermined


--------------------------------------------------------------------------------

LLOYDS BANKING GROUP PLC

Ticker:       LLOY LN        Security ID:  G5533W248
Meeting Date: MAY 21, 2020   Meeting Type: Annual
Record Date:  MAY 19, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accounts and Reports                    For       For          Management
2     Elect William Chalmers                  For       For          Management
3     Elect Sarah C. Legg                     For       For          Management
4     Elect Catherine Woods                   For       For          Management
5     Elect Lord Norman Blackwell             For       For          Management
6     Elect Juan Colombas                     For       For          Management
7     Elect Alan Dickinson                    For       For          Management
8     Elect Simon P. Henry                    For       For          Management
9     Elect Antonio Horta-Osorio              For       For          Management
10    Elect Lord James Lupton                 For       For          Management
11    Elect Amanda Mackenzie                  For       For          Management
12    Elect Nick Prettejohn                   For       For          Management
13    Elect Stuart Sinclair                   For       For          Management
14    Elect Sara Weller                       For       For          Management
15    Remuneration Policy (Binding)           For       For          Management
16    Remuneration Report (Advisory)          For       For          Management
17    Final Dividend                          Abstain   Abstain      Management
18    Appointment of Auditor                  For       For          Management
19    Authority to Set Auditors Fees          For       For          Management
20    Long Term Share Plan                    For       For          Management
21    Authorisation of Political Donations    For       For          Management
22    Authority to Issue Shares w/            For       For          Management
      Preemptive Rights
23    Authority to Issue Regulatory Capital   For       For          Management
      Convertible Instruments w/ Preemptive
      Rights
24    Authority to Issue Shares w/o           For       For          Management
      Preemptive Rights
25    Authority to Issue Shares w/o           For       For          Management
      Preemptive Rights (Specified Capital
      Investment)
26    Authority to Issue Regulatory Capital   For       For          Management
      Convertible Instruments w/o Preemptive
      Rights
27    Authority to Repurchase Shares          For       For          Management
28    Authority to Repurchase Preference      For       For          Management
      Shares
29    Authority to Set General Meeting        For       For          Management
      Notice Period at 14 Days


--------------------------------------------------------------------------------

MITSUBISHI ELECTRIC CORPORATION

Ticker:       6503 JP        Security ID:  J43873116
Meeting Date: JUN 26, 2020   Meeting Type: Annual
Record Date:  MAR 31, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Masaki Sakuyama                   For       For          Management
1.2   Elect Takeshi Sugiyama                  For       For          Management
1.3   Elect Masahiko Sagawa                   For       For          Management
1.4   Elect Shinji Harada                     For       For          Management
1.5   Elect Tadashi Kawagoishi                For       For          Management
1.6   Elect Takashi Sakamoto                  For       For          Management
1.7   Elect Kei Uruma                         For       For          Management
1.8   Elect Mitoji Yabunaka                   For       For          Management
1.9   Elect Hiroshi Obayashi                  For       For          Management
1.1   Elect Kazunori Watanabe                 For       For          Management
1.11  Elect Hiroko Koide                      For       For          Management
1.12  Elect Takashi Oyamada                   For       Against      Management


--------------------------------------------------------------------------------

MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG

Ticker:       MUV2 GR        Security ID:  D55535104
Meeting Date: APR 29, 2020   Meeting Type: Annual
Record Date:  APR 22, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
2     Allocation of Profits/Dividends         For       Unvoted      Management
3     Ratification of Management Board Acts   For       Unvoted      Management
4     Ratification of Supervisory Board Acts  For       Unvoted      Management
5     Elect Carsten Spohr as Supervisory      For       Unvoted      Management
      Board Member
6     Authority to Repurchase and Reissue     For       Unvoted      Management
      Shares
7     Authority to Issue Convertible Debt     For       Unvoted      Management
      Instruments; Increase in Conditional
      Capital
8.1   Amendments to Articles                  For       Unvoted      Management
8.2   Amendments to Articles                  For       Unvoted      Management
8.3   Amendments to Articles                  For       Unvoted      Management
8.4   Amendments to Articles                  For       Unvoted      Management
8.5   Amendments to Articles                  For       Unvoted      Management
8.6   Amendments to Articles                  For       Unvoted      Management
8.7   Amendments to Articles                  For       Unvoted      Management
8.8   Amendments to Articles                  For       Unvoted      Management
8.9   Amendments to Articles                  For       Unvoted      Management


--------------------------------------------------------------------------------

MURATA MANUFACTURING CO. LTD.

Ticker:       6981 JP        Security ID:  J46840104
Meeting Date: JUN 26, 2020   Meeting Type: Annual
Record Date:  MAR 31, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Allocation of Profits/Dividends         For       For          Management
2.1   Elect Tsuneo Murata                     For       For          Management
2.2   Elect Norio Nakajima                    For       For          Management
2.3   Elect Hiroshi Iwatsubo                  For       For          Management
2.4   Elect Yoshito Takemura                  For       For          Management
2.5   Elect Masahiro Ishitani                 For       For          Management
2.6   Elect Ryuji Miyamoto                    For       For          Management
2.7   Elect Masanori Minamiide                For       For          Management
2.8   Elect Takashi Shigematsu                For       For          Management
2.9   Elect Yuko Yasuda                       For       For          Management
3.1   Elect Yoshiro Ozawa                     For       Against      Management
3.2   Elect Hyo Kanbayashi                    For       For          Management
3.3   Elect Takatoshi Yamamoto                For       For          Management
3.4   Elect Naoko Munakata                    For       For          Management


--------------------------------------------------------------------------------

NATIXIS

Ticker:       KN FP          Security ID:  F6483L100
Meeting Date: MAY 20, 2020   Meeting Type: Mix
Record Date:  MAY 15, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
O.1   Accounts and Reports                    For       For          Management
O.2   Consolidated Accounts and Reports       For       For          Management
O.3   Allocation of Profits                   For       For          Management
O.4   Special Auditors Report on Regulated    For       For          Management
      Agreements
O.5   Remuneration Report                     For       For          Management
O.6   Remuneration of Laurent Mignon, Chair   For       For          Management
O.7   Remuneration of Francois Riahi, CEO     For       Against      Management
O.8   Remuneration Policy (Chair)             For       For          Management
O.9   Remuneration Policy (CEO)               For       Against      Management
O.10  Remuneration Policy (Board of           For       For          Management
      Directors)
O.11  Remuneration of Identified Staff        For       For          Management
O.12  Ratification of the co-option of        For       For          Management
      Dominique Duband
O.13  Elect Alain Condaminas                  For       For          Management
O.14  Elect Nicole Etchegoinberry             For       For          Management
O.15  Elect Sylvie Garcelon                   For       Against      Management
O.16  Authority to Repurchase and Reissue     For       For          Management
      Shares
E.17  Amendments to Articles Regarding the    For       For          Management
      Role of the Board of Directors
E.18  Amendments to Articles Regarding        For       For          Management
      Directors Remuneration, Board and
      Shareholders Meetings.
E.19  Authorisation of Legal Formalities      For       For          Management


--------------------------------------------------------------------------------

NOKIA CORP

Ticker:       NOKIA FH       Security ID:  X61873133
Meeting Date: MAY 27, 2020   Meeting Type: Annual
Record Date:  MAY 14, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
7     Accounts and Reports                    For       For          Management
8     Allocation of Profits/Dividends         For       For          Management
9     Ratification of Board and CEO Acts      For       For          Management
10    Remuneration Policy                     For       For          Management
11    Directors Fees                          For       For          Management
12    Board Size                              For       For          Management
13    Election of Directors                   For       For          Management
14    Appointment of Auditor                  For       For          Management
15    Authority to Set Auditors Fees          For       For          Management
16    Authority to Repurchase Shares          For       For          Management
17    Authority to Issue Shares w/ or w/o     For       For          Management
      Preemptive Rights
18    Shareholder Proposal Regarding Board    Against   Against      Shareholder
      Composition


--------------------------------------------------------------------------------

NORDEA BANK ABP

Ticker:       NDA SS         Security ID:  X5S8VL105
Meeting Date: MAY 28, 2020   Meeting Type: Annual
Record Date:  MAY 15, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
7     Accounts and Reports                    For       For          Management
8     Authority to Distribute Dividend        For       For          Management
9     Ratification of Board and CEO Acts      For       For          Management
10    Remuneration Policy                     For       For          Management
11    Directors Fees                          For       For          Management
12    Board Size                              For       For          Management
13    Election of Directors                   For       For          Management
14    Authority to Set Auditors Fees          For       For          Management
15    Appointment of Auditor                  For       For          Management
16    Nomination Committee Guidelines         For       For          Management
17    Authority to Issue Contingent           For       For          Management
      Convertible Securities w/ or w/o
      Preemptive Rights
18.A  Authority to Trade in Company Stock     For       For          Management
      (Repurchase)
18.B  Authority to Trade in Company Stock     For       For          Management
      (Issuance)
19.A  Authority to Repurchase Shares          For       For          Management
19.B  Issuance of Treasury Shares             For       For          Management


--------------------------------------------------------------------------------

NUTRIEN LTD

Ticker:       NTR CN         Security ID:  67077M
Meeting Date: MAY 06, 2020   Meeting Type: Annual
Record Date:  MAR 20, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.01  Elect Christopher M. Burley             For       For          Management
1.02  Elect Maura J. Clark                    For       For          Management
1.03  Elect David C. Everitt                  For       For          Management
1.04  Elect Russell K. Girling                For       For          Management
1.05  Elect Miranda C. Hubbs                  For       For          Management
1.06  Elect Alice D. Laberge                  For       For          Management
1.07  Elect Consuelo E. Madere                For       For          Management
1.08  Elect Charles V. Magro                  For       For          Management
1.09  Elect Keith G. Martell                  For       For          Management
1.1   Elect Aaron W. Regent                   For       Withhold     Management
1.11  Elect Mayo M. Schmidt                   For       For          Management
2     Appointment of Auditor                  For       For          Management
3     Advisory Vote on Executive Compensation For       For          Management


--------------------------------------------------------------------------------

NXP SEMICONDUCTORS NV

Ticker:       NXPI US        Security ID:  N6596X
Meeting Date: MAY 27, 2020   Meeting Type: Annual
Record Date:  APR 29, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accounts and Reports                    For       For          Management
2     Ratification of Board Acts              For       For          Management
3A.   Elect Kurt Sievers                      For       For          Management
3B.   Elect Peter L. Bonfield                 For       For          Management
3C.   Elect Kenneth A. Goldman                For       For          Management
3D.   Elect Josef Kaeser                      For       Against      Management
3E.   Elect Lena Olving                       For       For          Management
3F.   Elect Peter Smitham                     For       For          Management
3G.   Elect Julie Southern                    For       For          Management
3H.   Elect Jasmin Staiblin                   For       For          Management
3I.   Elect Gregory L. Summe                  For       For          Management
3J.   Elect Karl-Henrik Sundstrom             For       For          Management
4     Authority to Issue Shares w/            For       For          Management
      Preemptive Rights
5     Authority to Suppress Preemptive Rights For       For          Management
6     Authority to Repurchase Shares          For       For          Management
7     Authority to Cancel Repurchased Shares  For       For          Management
8     Appointment of Auditor                  For       For          Management
9     Committee Fees                          For       For          Management
10    Amendment to Articles Regarding Quorum  For       For          Management
11    Advisory Vote on Executive Compensation For       For          Management
12    Frequency of Advisory Vote on           1 Year    1 Year       Management
      Executive Compensation


--------------------------------------------------------------------------------

PANASONIC CORP

Ticker:       6752 JP        Security ID:  J6354Y104
Meeting Date: JUN 25, 2020   Meeting Type: Annual
Record Date:  MAR 31, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Shusaku Nagae                     For       For          Management
1.2   Elect Kazuhiro Tsuga                    For       For          Management
1.3   Elect Mototsugu Sato                    For       For          Management
1.4   Elect Yasuyuki Higuchi                  For       For          Management
1.5   Elect Tetsuro Homma                     For       For          Management
1.6   Elect Yoshinobu Tsutsui                 For       For          Management
1.7   Elect Hiroko Ota                        For       For          Management
1.8   Elect Kazuhiko Toyama                   For       For          Management
1.9   Elect Kunio Noji                        For       For          Management
1.1   Elect Hirokazu Umeda                    For       For          Management
1.11  Elect Laurence W. Bates                 For       For          Management
1.12  Elect Michitaka Sawada                  For       For          Management
1.13  Elect Yuko Kawamoto                     For       For          Management
2.1   Elect Eiji Fujii                        For       For          Management
2.2   Elect Setsuko Yufu                      For       For          Management


--------------------------------------------------------------------------------

PANDORA A/S

Ticker:       PNDORA DC      Security ID:  DK0060252690
Meeting Date: DEC 04, 2019   Meeting Type: Special
Record Date:  NOV 27, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Elect Peter A. Ruzicka                  For       For          Management
2     Authority to Carry Out Formalities      For       For          Management


--------------------------------------------------------------------------------

PANDORA A/S

Ticker:       PNDORA DC      Security ID:  DK0060252690
Meeting Date: MAR 11, 2020   Meeting Type: Annual
Record Date:  MAR 04, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
2     Accounts and Reports                    For       For          Management
3     Directors Fees                          For       For          Management
4     Allocation of Profits/Dividends         For       For          Management
5.1   Elect Peter A. Ruzicka                  For       For          Management
5.2   Elect Christian Frigast                 For       For          Management
5.3   Elect Andrea Dawn Alvey                 For       For          Management
5.4   Elect Ronica Wang                       For       For          Management
5.5   Elect Birgitta Stymne Goransson         For       For          Management
5.6   Elect Isabelle Parize                   For       For          Management
5.7   Elect Catherine Spindler                For       For          Management
5.8   Elect Marianne Kirkegaard               For       For          Management
6.1   Appointment of Auditor                  For       For          Management
7     Ratification of Board and Management    For       For          Management
      Acts
8.1   Cancellation of Shares                  For       For          Management
8.2   Amendments to Articles Regarding Agenda For       For          Management
8.3   Authority to Repurchase Shares          For       For          Management
8.4   Remuneration Policy                     For       For          Management
8.5   Authority to Carry Out Formalities      For       For          Management


--------------------------------------------------------------------------------

POSCO

Ticker:       005490 KS      Security ID:  KR7005490008
Meeting Date: MAR 27, 2020   Meeting Type: Annual
Record Date:  DEC 31, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Financial Statements and Allocation of  For       For          Management
      Profits/Dividends
2.1   Elect CHANG In Hwa                      For       For          Management
2.2   Elect CHON Jung Son                     For       Against      Management
2.3   Elect KIM Hag Dong                      For       For          Management
2.4   Elect JEONG Tak                         For       For          Management
3     Elect JANG Seung Hwa                    For       For          Management
4     Election of Audit Committee Member:     For       For          Management
      PARK Heui Jae
5     Directors Fees                          For       For          Management


--------------------------------------------------------------------------------

PUBLICIS GROUPE SA

Ticker:       PUB FP         Security ID:  F7607Z165
Meeting Date: MAY 27, 2020   Meeting Type: Mix
Record Date:  MAY 22, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
O.1   Accounts and Reports                    For       For          Management
O.2   Consolidated Accounts and Reports       For       For          Management
O.3   Allocation of Profits/Dividends         For       For          Management
O.4   Scrip Dividend                          For       For          Management
O.5   Special Auditors Report on Regulated    For       For          Management
      Agreements
O.6   Remuneration Policy (Supervisory Board  For       Against      Management
      Chair)
O.7   Remuneration Policy (Supervisory Board  For       For          Management
      Members)
O.8   Remuneration Policy (Management Board   For       For          Management
      Chair)
O.9   Remuneration Policy (Management Board   For       For          Management
      Members)
O.10  Remuneration Report                     For       For          Management
O.11  Remuneration of Maurice Levy,           For       Against      Management
      Supervisory Board Chair
O.12  Remuneration of Arthur Sadoun,          For       For          Management
      Management Board Chair
O.13  Remuneration of Jean-Michel Etienne,    For       For          Management
      Management Board Member
O.14  Remuneration of Anne-Gabrielle          For       For          Management
      Heilbronner, Management Board Member
O.15  Remuneration of Steve King, Management  For       For          Management
      Board Member
O.16  Elect Sophie Dulac                      For       For          Management
O.17  Elect Thomas H. Glocer                  For       For          Management
O.18  Elect Marie-Josee Kravis                For       For          Management
O.19  Elect Andre Kudelski                    For       For          Management
O.20  Authority to Repurchase and Reissue     For       For          Management
      Shares
E.21  Authority to Issue Shares and           For       For          Management
      Convertible Debt w/ Preemptive Rights
E.22  Authority to Issue Shares and           For       For          Management
      Convertible Debt w/o Preemptive Rights
E.23  Authority to Issue Shares and           For       For          Management
      Convertible Debt Through Private
      Placement
E.24  Greenshoe                               For       For          Management
E.25  Authority to Set Offering Price of      For       For          Management
      Shares
E.26  Authority to Increase Capital Through   For       For          Management
      Capitalisations
E.27  Authority to Increase Capital in Case   For       For          Management
      of Exchange Offers
E.28  Authority to Increase Capital in        For       For          Management
      Consideration for Contributions In Kind
E.29  Employee Stock Purchase Plan (Domestic  For       For          Management
      and Overseas)
E.30  Employee Stock Purchase Plan            For       For          Management
      (Specified Categories)
E.31  Amendments to Articles                  For       For          Management
E.32  Amendments to Articles Regarding        For       For          Management
      Employee Representatives
E.33  Amendments to Articles Regarding        For       For          Management
      Written Consultation
O.34  Authorisation of Legal Formalities      For       For          Management


--------------------------------------------------------------------------------

SAFRAN SA

Ticker:       SAF FP         Security ID:  F4035A557
Meeting Date: MAY 28, 2020   Meeting Type: Mix
Record Date:  MAY 25, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
O.1   Accounts and Reports; Non               For       For          Management
      Tax-Deductible Expenses
O.2   Consolidated Accounts and Reports       For       For          Management
O.3   Allocation of Profits/Dividends         For       For          Management
O.4   Elect Patricia Bellinger                For       For          Management
O.5   Ratification of the Co-option of        For       For          Management
      Fernanda Saraiva
O.6   Elect Marc Aubry as Employee            For       For          Management
      Shareholders Representative
O.7   Elect Anne Aubert as Employee           For       For          Management
      Shareholders Representative
A     Elect Fernanda Saraiva as Employee      Against   Against      Management
      Shareholders Representative
B     Elect Carlos Arvizu as Employee         Against   Against      Management
      Shareholders Representative
O.8   Remuneration of Ross McInnes, Chair     For       For          Management
O.9   Remuneration of Philippe Petitcolin,    For       For          Management
      CEO
O.10  Remuneration Report                     For       For          Management
O.11  Directors Fees                          For       For          Management
O.12  Remuneration Policy (Chair)             For       For          Management
O.13  Remuneration Policy (CEO)               For       For          Management
O.14  Remuneration Policy (Board of           For       For          Management
      Directors)
O.15  Authority to Repurchase and Reissue     For       For          Management
      Shares
E.16  Amendments to Articles Regarding Board  For       For          Management
      Size
E.17  Amendments to Articles                  For       For          Management
E.18  Authorisation of Legal Formalities      For       For          Management


--------------------------------------------------------------------------------

SAMSUNG ELECTRONICS

Ticker:       005930 KS      Security ID:  KR7005930003
Meeting Date: MAR 18, 2020   Meeting Type: Annual
Record Date:  DEC 31, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Financial Statements and Allocation of  For       For          Management
      Profits/Dividends
2.1   Elect HAN Jong Hee                      For       For          Management
2.2   Elect CHOI Yoon Ho                      For       Against      Management
3     Directors Fees                          For       For          Management


--------------------------------------------------------------------------------

SANOFI

Ticker:       SAN FP         Security ID:  F5548N101
Meeting Date: APR 28, 2020   Meeting Type: Annual
Record Date:  APR 23, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accounts and Reports; Non-Tax           For       For          Management
      Deductible Expenses
2     Consolidated Accounts and Reports       For       For          Management
3     Allocation of Profits/Dividends         For       For          Management
4     Special Auditors Report on Regulated    For       For          Management
      Agreements
5     Ratification of the Co-option of Paul   For       For          Management
      Hudson
6     Elect Laurent Attal                     For       For          Management
7     Elect Carole Piwnica                    For       For          Management
8     Elect Diane Souza                       For       For          Management
9     Elect Thomas Sudhof                     For       For          Management
10    Elect Rachel Duan                       For       For          Management
11    Elect Lise Kingo                        For       For          Management
12    Directors fees                          For       For          Management
13    Remuneration Policy (Board of           For       For          Management
      Directors)
14    Remuneration Policy (Chair)             For       For          Management
15    Remuneration Policy (CEO)               For       For          Management
16    Remuneration Report                     For       For          Management
17    Remuneration of Serge Weinberg, Chair   For       For          Management
18    Remuneration of Paul Hudson, CEO        For       For          Management
19    Remuneration of Olivier Brandicourt,    For       Against      Management
      Former CEO
20    Authority to Repurchase and Reissue     For       For          Management
      Shares
21    Authorisation of Legal Formalities      For       For          Management


--------------------------------------------------------------------------------

SHINHAN FINANCIAL GROUP CO. LTD.

Ticker:       055550 KS      Security ID:  KR7055550008
Meeting Date: MAR 26, 2020   Meeting Type: Annual
Record Date:  DEC 31, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Financial Statements and Allocation of  For       For          Management
      Profits/Dividends
2     Amendments to Articles                  For       For          Management
3.1   Elect CHO Yong Byoung                   For       For          Management
3.2   Elect Philippe Avril                    For       For          Management
3.3   Elect PARK Ansoon                       For       For          Management
3.4   Elect PARK Cheul                        For       For          Management
3.5   Elect YOON Jae Won                      For       For          Management
3.6   Elect JIN Hyun Duk                      For       For          Management
3.7   Elect CHOI Kyong Rok                    For       For          Management
3.8   Elect Yuki Hirakawa                     For       For          Management
4.1   Election of Audit Committee Member:     For       For          Management
      YOON Jae Won
4.2   Election of Audit Committee Member:     For       For          Management
      LEE Yoon Jae
5     Directors Fees                          For       For          Management


--------------------------------------------------------------------------------

SK HYNIX INC

Ticker:       000660 KS      Security ID:  KR7000660001
Meeting Date: MAR 20, 2020   Meeting Type: Annual
Record Date:  DEC 31, 2019

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Financial Statements and Allocation of  For       For          Management
      Profits/Dividends
2     Amendments to Articles                  For       For          Management
3     Elect LEE Seok Hee as Executive         For       Against      Management
      Director
4     Elect PARK Jung Ho as Non-Executive     For       For          Management
      Director
5.1   Elect SHIN Chang Hwan                   For       For          Management
5.2   Elect HAN Ae Ra                         For       For          Management
6.1   Election of Audit Committee Member: HA  For       Against      Management
      Yung Ku
6.2   Election of Audit Committee Member:     For       For          Management
      SHIN Chang Hwan
6.3   Election of Audit Committee Member:     For       For          Management
      HAN Ae Ra
7     Directors Fees                          For       For          Management
8     Share Option Plan                       For       For          Management
9     Share Option Plan                       For       For          Management
10    Amendments to Executive Officer         For       For          Management
      Retirement Allowance Policy


--------------------------------------------------------------------------------

SONY CORPORATION.

Ticker:       6758 JP        Security ID:  J76379106
Meeting Date: JUN 26, 2020   Meeting Type: Annual
Record Date:  MAR 31, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Amendments to Articles                  For       For          Management
2.1   Elect Kenichiro Yoshida                 For       For          Management
2.2   Elect Hiroki Totoki                     For       For          Management
2.3   Elect Shuzo Sumi                        For       For          Management
2.4   Elect Tim Schaaff                       For       For          Management
2.5   Elect Kazuo Matsunaga                   For       For          Management
2.6   Elect Toshiko Oka                       For       For          Management
2.7   Elect Sakie Akiyama                     For       For          Management
2.8   Elect Wendy Becker                      For       For          Management
2.9   Elect Yoshihiko Hatanaka                For       For          Management
2.1   Elect Adam Crozier                      For       For          Management
2.11  Elect Keiko Kishigami                   For       For          Management
2.12  Elect Joseph A. Kraft Jr.               For       For          Management
3     Equity Compensation Plan                For       For          Management


--------------------------------------------------------------------------------

ST MICROELECTRONICS

Ticker:       STM FP         Security ID:  N83574108
Meeting Date: JUN 17, 2020   Meeting Type: Annual
Record Date:  MAY 20, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
4.A   Remuneration Report                     For       Against      Management
4.B   Supervisory Board Remuneration Policy   For       For          Management
4.C   Management Board Remuneration Policy    For       Against      Management
4.D   Accounts and Reports                    For       For          Management
4.E   Allocation of Profits/Dividends         For       For          Management
4.F   Ratification of Management Board Acts   For       For          Management
4.G   Ratification of Supervisory Board Acts  For       Against      Management
4.H   Appointment of Auditor                  For       For          Management
5     Equity Grant                            For       Against      Management
6     Elect Ana de Pro Gonzalo to the         For       For          Management
      Supervisory Board
7     Elect Yann Delabriere to the            For       For          Management
      Supervisory Board
8     Elect Heleen H. Kersten to the          For       Against      Management
      Supervisory Board
9     Elect Alessandro Rivera to the          For       Against      Management
      Supervisory Board
10    Elect Frederic Sanchez to the           For       Against      Management
      Supervisory Board
11    Elect Maurizio Tamagnini to the         For       Against      Management
      Supervisory Board
12    Authority to Repurchase Shares          For       For          Management
13.A  Authority to Issue Shares w/ or w/o     For       Against      Management
      Preemptive Rights
13.B  Authority to Issue Shares w/ or w/o     For       For          Management
      Preemptive Rights for Mergers and
      Acquisitions


--------------------------------------------------------------------------------

STANDARD LIFE ABERDEEN PLC

Ticker:       SLA LN         Security ID:  G84246118
Meeting Date: MAY 12, 2020   Meeting Type: Annual
Record Date:  MAY 08, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accounts and Reports                    For       For          Management
2     Final Dividend                          For       For          Management
3     Appointment of Auditor                  For       For          Management
4     Authority to Set Auditors Fees          For       For          Management
5     Remuneration Report (Advisory)          For       For          Management
6     Remuneration Policy (Binding)           For       For          Management
7.A   Elect Sir Douglas J. Flint              For       For          Management
7.B   Elect Stephanie Bruce                   For       For          Management
7.C   Elect John Devine                       For       For          Management
7.D   Elect Melanie Gee                       For       For          Management
7.E   Elect Martin Pike                       For       For          Management
7.F   Elect Cathleen Raffaeli                 For       For          Management
7.G   Elect Jutta af Rosenborg                For       For          Management
7.H   Elect N. Keith Skeoch                   For       For          Management
8.A   Elect Jonathan Asquith                  For       For          Management
8.B   Elect Brian McBride                     For       For          Management
8.C   Elect Cecilia Reyes                     For       For          Management
9     Authorisation of Political Donations    For       For          Management
10    Authority to Issue Shares w/            For       For          Management
      Preemptive Rights
11    Authority to Issue Shares w/o           For       For          Management
      Preemptive Rights
12    Authority to Repurchase Shares          For       For          Management
13    Authority to Issue Convertible Bonds    For       For          Management
      w/ Preemptive Rights
14    Authority to Issue Convertible Bonds    For       For          Management
      w/o Preemptive Rights
15    Authority to Set General Meeting        For       For          Management
      Notice Period at 14 Days
16    Adoption of Amended Articles of         For       For          Management
      Association


--------------------------------------------------------------------------------

STATE BANK OF INDIA

Ticker:       SBI            Security ID:  Y8155P103
Meeting Date: JUN 17, 2020   Meeting Type: Special
Record Date:  MAR 16, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Ganesh Ganapati Natarajan         For       Abstain      Management
1.2   Elect Ketan Shivji Vikamsey             For       Abstain      Management
1.3   Elect Bhaskaran Nayar Venugopal         For       Abstain      Management
1.4   Elect Mrugank Madhukar Paranjape        For       Abstain      Management
1.5   Elect Vinod Kumar                       For       Unvoted      Management


--------------------------------------------------------------------------------

SUMITOMO CHEMICAL COMPANY LIMITED

Ticker:       4005 JP        Security ID:  J77153120
Meeting Date: JUN 24, 2020   Meeting Type: Annual
Record Date:  MAR 31, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Masakazu  Tokura                  For       For          Management
1.2   Elect Keiichi Iwata                     For       For          Management
1.3   Elect Noriaki Takeshita                 For       For          Management
1.4   Elect Masaki Matsui                     For       For          Management
1.5   Elect Kingo Akahori                     For       For          Management
1.6   Elect Hiroshi Ueda                      For       For          Management
1.7   Elect Hiroshi Niinuma                   For       For          Management
1.8   Elect Takashi Shigemori                 For       For          Management
1.9   Elect Nobuaki Mito                      For       For          Management
1.1   Elect Koichi Ikeda                      For       For          Management
1.11  Elect Hiroshi Tomono                    For       For          Management
1.12  Elect Motoshige Ito                     For       For          Management
1.13  Elect Atsuko Muraki                     For       For          Management


--------------------------------------------------------------------------------

TEIJIN LTD

Ticker:       3401 JP        Security ID:  J82270117
Meeting Date: JUN 19, 2020   Meeting Type: Annual
Record Date:  MAR 31, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Jun Suzuki                        For       For          Management
1.2   Elect Yoshihisa Sonobe                  For       For          Management
1.3   Elect Akihisa Nabeshima                 For       For          Management
1.4   Elect Toshiya Koyama                    For       For          Management
1.5   Elect Eiji Ogawa                        For       For          Management
1.6   Elect Fumio Ohtsubo                     For       For          Management
1.7   Elect Yukako Uchinaga                   For       For          Management
1.8   Elect Yoichi Suzuki                     For       For          Management
1.9   Elect Masaru Onishi                     For       For          Management
2.1   Elect Akio Nakaishi                     For       For          Management
2.2   Elect Jun Arima                         For       For          Management


--------------------------------------------------------------------------------

TELECOM ITALIA S.P.A.

Ticker:       TIT IM         Security ID:  T92778108
Meeting Date: APR 23, 2020   Meeting Type: Mix
Record Date:  APR 14, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
O.1.1 Accounts and Reports                    For       For          Management
O.1.2 Allocation of Profits/Dividends         For       For          Management
O.2.1 Ratify Co-Option of Salvatore Rossi     For       For          Management
O.2.2 Ratify Co-Option of Franck Cadoret      For       For          Management
O.3.1 Remuneration Policy (Binding)           For       For          Management
O.3.2 Remuneration Report (Advisory)          For       For          Management
O.4   2020-2022 Long-Term Incentive Plan      For       For          Management
E.5   Authority to Issue Shares to Service    For       For          Management
      2020-2022 Long-Term Incentive Plan
E.6   Employee Stock Purchase Plan            For       For          Management
E.7   Amendments to Article 9                 For       For          Management


--------------------------------------------------------------------------------

THALES S.A.

Ticker:       HO FP          Security ID:  F9156M108
Meeting Date: MAY 06, 2020   Meeting Type: Mix
Record Date:  MAY 04, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
O.1   Consolidated Accounts and Reports       For       For          Management
O.2   Consolidated Accounts and Reports; Non  For       For          Management
      Tax-Deductible Expenses
O.3   Allocation of Profits/Dividends         For       For          Management
O.4   Elect Philippe Knoche                   For       For          Management
O.5   Remuneration of Patrice Caine, Chair    For       For          Management
      and CEO
O.6   Remuneration Report                     For       For          Management
O.7   Remuneration Policy (Chair and CEO)     For       For          Management
O.8   Remuneration Policy (Board of           For       For          Management
      Directors)
O.9   Authority to Repurchase and Reissue     For       For          Management
      Shares
E.10  Authority to Issue Restricted Shares    For       For          Management
E.11  Authority to Issue Shares and           For       For          Management
      Convertible Debt w/ Preemptive Rights
E.12  Authority to Issue Shares and           For       For          Management
      Convertible Debt w/o Preemptive Rights
E.13  Authority to Issue Shares and           For       For          Management
      Convertible Debt Through Private
      Placement
E.14  Greenshoe                               For       For          Management
E.15  Authority to Increase Capital in        For       For          Management
      Consideration for Contributions In Kind
E.16  Global Ceiling on Capital Increases     For       For          Management
E.17  Employee Stock Purchase Plan            For       For          Management
E.18  Amendments to Articles Regarding        For       For          Management
      Directors Remuneration
O.19  Authorisation of Legal Formalities      For       For          Management


--------------------------------------------------------------------------------

UNITED OVERSEAS BANK LIMITED

Ticker:       UOB SP         Security ID:  Y9T10P105
Meeting Date: JUN 05, 2020   Meeting Type: Annual
Record Date:  JUN 03, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accounts and Reports                    For       For          Management
2     Allocation of Profits/Dividends         For       For          Management
3     Directors Fees for FY 2019              For       For          Management
4     Appointment of Auditor and Authority    For       For          Management
      to Set Fees
5     Elect WEE Ee Cheong                     For       Against      Management
6     Elect Alexander Charles Hungate         For       For          Management
7     Elect Michael LIEN Jown Leam            For       For          Management
8     Elect Steven PHAN Swee Kim              For       For          Management
9     Authority to Issue Shares w/ or w/o     For       Against      Management
      Preemptive Rights
10    Authority to Issue Shares under the     For       For          Management
      UOB Scrip Dividend Scheme
11    Authority to Repurchase and Reissue     For       For          Management
      Shares


--------------------------------------------------------------------------------

VINCI

Ticker:       DG FP          Security ID:  F5879X108
Meeting Date: JUN 18, 2020   Meeting Type: Mix
Record Date:  JUN 15, 2020

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
O.1   Consolidated Accounts and Reports       For       For          Management
O.2   Accounts and Reports; Non               For       For          Management
      Tax-Deductible Expenses
O.3   Allocation of Profits/Dividends         For       For          Management
O.4   Scrip Dividend                          For       For          Management
O.5   Elect Benoit Bazin                      For       For          Management
O.6   Authority to Repurchase and Reissue     For       For          Management
      Shares
O.7   Remuneration Report (Board of           For       For          Management
      Directors)
O.8   Remuneration Policy (Chair and CEO)     For       For          Management
O.9   Remuneration Report (Corporate          For       For          Management
      Officers)
O.10  Remuneration of Xavier Huillard, Chair  For       For          Management
      and CEO
E.11  Authority to Cancel Shares and Reduce   For       For          Management
      Capital
E.12  Employee Stock Purchase Plan            For       For          Management
E.13  Stock Purchase Plan for Overseas        For       For          Management
      Employees
E.14  Authority to Issue Performance Shares   For       For          Management
E.15  Amendments to Articles Regarding        For       For          Management
      Written Consultation
E.16  Amendments to Articles Regarding Board  For       For          Management
      of Directors Remuneration
E.17  Amendments to Articles Regarding the    For       For          Management
      Role of the Board of Directors
E.18  Authorisation of Legal Formalities      For       For          Management




================= VANGUARD INTERNATIONAL VALUE FUND - EDINBURG =================

Each investment advisor's votes cast are shown separately below. The votes
reported reflect votes cast at the Fund's/advisor's discretion and exclude any
votes cast pursuant to a regulatory requirement.

There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.



================== VANGUARD INTERNATIONAL VALUE FUND - LAZARD ==================

Each investment advisor's votes cast are shown separately below. The votes
reported reflect votes cast at the Fund's/advisor's discretion and exclude any
votes cast pursuant to a regulatory requirement.

There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
========== END NPX REPORT



                                   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.

VANGUARD TRUSTEES' EQUITY FUND

By:     /s/Mortimer J. Buckley
           Mortimer J. Buckley*
           Chief Executive Officer, President, and Trustee

Date:   August 27, 2020
*By:    /s/Anne E. Robinson

  Anne E. Robinson, pursuant to a Power of Attorney filed on January 18, 2018,
              see File Number 33-32216. Incorporated by Reference.