UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY INVESTMENT COMPANY ACT FILE NUMBER: 811-1976 NAME OF REGISTRANT: Sequoia Fund, Inc. ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 9 West 57th Street, Suite 5000 New York, NY 10019 NAME AND ADDRESS OF AGENT FOR SERVICE: John B Harris Ruane, Cunniff & Goldfarb L.P. 9 West 57th Street, Suite 5000 New York, NY 10019 REGISTRANT'S TELEPHONE NUMBER: 800-686-6884 DATE OF FISCAL YEAR END: 12/31 DATE OF REPORTING PERIOD: 07/01/2019 - 06/30/2020 Sequoia Fund -------------------------------------------------------------------------------------------------------------------------- ALPHABET INC. Agenda Number: 935196762 -------------------------------------------------------------------------------------------------------------------------- Security: 02079K305 Meeting Type: Annual Meeting Date: 03-Jun-2020 Ticker: GOOGL ISIN: US02079K3059 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR Larry Page Mgmt For For Sergey Brin Mgmt For For Sundar Pichai Mgmt For For John L. Hennessy Mgmt For For Frances H. Arnold Mgmt For For L. John Doerr Mgmt For For Roger W. Ferguson, Jr. Mgmt For For Ann Mather Mgmt For For Alan R. Mulally Mgmt For For K. Ram Shriram Mgmt For For Robin L. Washington Mgmt For For 2. Ratification of the appointment of Ernst & Mgmt For For Young LLP as Alphabet's independent registered public accounting firm for the fiscal year ending December 31, 2020. 3. An amendment to Alphabet's Amended and Mgmt For For Restated 2012 Stock Plan to increase the share reserve by 8,500,000 shares of Class C capital stock. 4. Advisory vote to approve named executive Mgmt For For officer compensation. 5. A stockholder proposal regarding equal Shr For Against shareholder voting, if properly presented at the meeting. 6. A stockholder proposal regarding a report Shr Against For on arbitration of employment-related claims, if properly presented at the meeting. 7. A stockholder proposal regarding the Shr Against For establishment of a human rights risk oversight committee, if properly presented at the meeting. 8. A stockholder proposal regarding Shr Against For non-binding vote on amendment of bylaws, if properly presented at the meeting. 9. A stockholder proposal regarding a report Shr Against For on sustainability metrics, if properly presented at the meeting. 10. A stockholder proposal regarding a report Shr Against For on takedown requests, if properly presented at the meeting. 11. A stockholder proposal regarding majority Shr For Against vote for election of directors, if properly presented at the meeting. 12. A stockholder proposal regarding a report Shr Against For on gender/racial pay equity, if properly presented at the meeting. 13. A stockholder proposal regarding the Shr Against For nomination of human rights and/or civil rights expert to the board, if properly presented at the meeting. 14. A stockholder proposal regarding a report Shr Against For on whistleblower policies and practices, if properly presented at the meeting -------------------------------------------------------------------------------------------------------------------------- AMAZON.COM, INC. Agenda Number: 935186305 -------------------------------------------------------------------------------------------------------------------------- Security: 023135106 Meeting Type: Annual Meeting Date: 27-May-2020 Ticker: AMZN ISIN: US0231351067 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of director: Jeffrey P. Bezos Mgmt For For 1B. Election of director: Rosalind G. Brewer Mgmt For For 1C. Election of director: Jamie S. Gorelick Mgmt For For 1D. Election of director: Daniel P. Mgmt For For Huttenlocher 1E. Election of director: Judith A. McGrath Mgmt For For 1F. Election of director: Indra K. Nooyi Mgmt For For 1G. Election of director: Jonathan J. Mgmt For For Rubinstein 1H. Election of director: Thomas O. Ryder Mgmt For For 1I. Election of director: Patricia Q. Mgmt For For Stonesifer 1J. Election of director: Wendell P. Weeks Mgmt For For 2. RATIFICATION OF THE APPOINTMENT OF ERNST & Mgmt For For YOUNG LLP AS INDEPENDENT AUDITORS 3. ADVISORY VOTE TO APPROVE EXECUTIVE Mgmt For For COMPENSATION 4. APPROVAL OF AMENDMENT TO RESTATED Mgmt For For CERTIFICATE OF INCORPORATION TO LOWER STOCK OWNERSHIP THRESHOLD FOR SHAREHOLDERS TO REQUEST A SPECIAL MEETING 5. SHAREHOLDER PROPOSAL REQUESTING A REPORT ON Shr Against For EFFECTS OF FOOD WASTE 6. SHAREHOLDER PROPOSAL REQUESTING A REPORT ON Shr Against For CUSTOMER USE OF CERTAIN TECHNOLOGIES 7. SHAREHOLDER PROPOSAL REQUESTING A REPORT ON Shr Against For POTENTIAL CUSTOMER MISUSE OF CERTAIN TECHNOLOGIES 8. SHAREHOLDER PROPOSAL REQUESTING A REPORT ON Shr Against For EFFORTS TO RESTRICT CERTAIN PRODUCTS 9. SHAREHOLDER PROPOSAL REQUESTING A MANDATORY Shr Against For INDEPENDENT BOARD CHAIR POLICY 10. SHAREHOLDER PROPOSAL REQUESTING AN Shr Against For ALTERNATIVE REPORT ON GENDER/RACIAL PAY 11. SHAREHOLDER PROPOSAL REQUESTING A REPORT ON Shr Against For CERTAIN COMMUNITY IMPACTS 12. SHAREHOLDER PROPOSAL REQUESTING A REPORT ON Shr Against For VIEWPOINT DISCRIMINATION 13. SHAREHOLDER PROPOSAL REQUESTING A REPORT ON Shr Against For PROMOTION DATA 14. SHAREHOLDER PROPOSAL REQUESTING AN Shr Against For ADDITIONAL REDUCTION IN THRESHOLD FOR CALLING SPECIAL SHAREHOLDER MEETINGS 15. SHAREHOLDER PROPOSAL REQUESTING A SPECIFIC Shr Against For SUPPLY CHAIN REPORT FORMAT 16. SHAREHOLDER PROPOSAL REQUESTING ADDITIONAL Shr Against For REPORTING ON LOBBYING -------------------------------------------------------------------------------------------------------------------------- ARISTA NETWORKS, INC. Agenda Number: 935182206 -------------------------------------------------------------------------------------------------------------------------- Security: 040413106 Meeting Type: Annual Meeting Date: 27-May-2020 Ticker: ANET ISIN: US0404131064 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR Mark Templeton Mgmt For For Nikos Theodosopoulos Mgmt For For 2. Approval on an advisory basis of the Mgmt For For compensation of the named executive officers. 3. To ratify the appointment of Ernst & Young Mgmt For For LLP as our independent registered public accounting firm for our fiscal year ending December 31, 2020. -------------------------------------------------------------------------------------------------------------------------- BERKSHIRE HATHAWAY INC. Agenda Number: 935144105 -------------------------------------------------------------------------------------------------------------------------- Security: 084670702 Meeting Type: Annual Meeting Date: 02-May-2020 Ticker: BRKB ISIN: US0846707026 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR Warren E. Buffett Mgmt For For Charles T. Munger Mgmt For For Gregory E. Abel Mgmt For For Howard G. Buffett Mgmt For For Stephen B. Burke Mgmt For For Kenneth I. Chenault Mgmt For For Susan L. Decker Mgmt For For David S. Gottesman Mgmt For For Charlotte Guyman Mgmt For For Ajit Jain Mgmt For For Thomas S. Murphy Mgmt For For Ronald L. Olson Mgmt For For Walter Scott, Jr. Mgmt For For Meryl B. Witmer Mgmt For For 2. Non-binding resolution to approve the Mgmt For For compensation of the Company's Named Executive Officers, as described in the 2020 Proxy Statement. 3. Non-binding resolution to determine the Mgmt 3 Years For frequency (whether annual, biennial or triennial) with which shareholders of the Company shall be entitled to have an advisory vote on executive compensation. 4. Shareholder proposal regarding diversity. Shr Against For -------------------------------------------------------------------------------------------------------------------------- BERKSHIRE HATHAWAY INC. Agenda Number: 935144105 -------------------------------------------------------------------------------------------------------------------------- Security: 084670108 Meeting Type: Annual Meeting Date: 02-May-2020 Ticker: BRKA ISIN: US0846701086 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR Warren E. Buffett Mgmt For For Charles T. Munger Mgmt For For Gregory E. Abel Mgmt For For Howard G. Buffett Mgmt For For Stephen B. Burke Mgmt For For Kenneth I. Chenault Mgmt For For Susan L. Decker Mgmt For For David S. Gottesman Mgmt For For Charlotte Guyman Mgmt For For Ajit Jain Mgmt For For Thomas S. Murphy Mgmt For For Ronald L. Olson Mgmt For For Walter Scott, Jr. Mgmt For For Meryl B. Witmer Mgmt For For 2. Non-binding resolution to approve the Mgmt For For compensation of the Company's Named Executive Officers, as described in the 2020 Proxy Statement. 3. Non-binding resolution to determine the Mgmt 3 Years For frequency (whether annual, biennial or triennial) with which shareholders of the Company shall be entitled to have an advisory vote on executive compensation. 4. Shareholder proposal regarding diversity. Shr Against For -------------------------------------------------------------------------------------------------------------------------- BOOKING HOLDINGS INC. Agenda Number: 935188929 -------------------------------------------------------------------------------------------------------------------------- Security: 09857L108 Meeting Type: Annual Meeting Date: 04-Jun-2020 Ticker: BKNG ISIN: US09857L1089 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR Timothy M. Armstrong Mgmt For For Jeffery H. Boyd Mgmt For For Glenn D. Fogel Mgmt For For Mirian M. Graddick-Weir Mgmt For For Wei Hopeman Mgmt For For Robert J. Mylod, Jr. Mgmt For For Charles H. Noski Mgmt For For Nicholas J. Read Mgmt For For Thomas E. Rothman Mgmt For For Bob van Dijk Mgmt For For Lynn M. Vojvodich Mgmt For For Vanessa A. Wittman Mgmt For For 2. Advisory vote to approve 2019 executive Mgmt For For compensation. 3. Ratification of Deloitte & Touche LLP as Mgmt For For our independent registered public accounting firm for the fiscal year ending December 31, 2020. 4. Stockholder proposal requesting the right Shr Against For of stockholders to act by written consent. -------------------------------------------------------------------------------------------------------------------------- CARMAX, INC. Agenda Number: 935212390 -------------------------------------------------------------------------------------------------------------------------- Security: 143130102 Meeting Type: Annual Meeting Date: 23-Jun-2020 Ticker: KMX ISIN: US1431301027 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director for a one year term: Mgmt For For Peter J. Bensen 1B. Election of Director for a one year term: Mgmt For For Ronald E. Blaylock 1C. Election of Director for a one year term: Mgmt For For Sona Chawla 1D. Election of Director for a one year term: Mgmt For For Thomas J. Folliard 1E. Election of Director for a one year term: Mgmt For For Shira Goodman 1F. Election of Director for a one year term: Mgmt For For Robert J. Hombach 1G. Election of Director for a one year term: Mgmt For For David W. McCreight 1H. Election of Director for a one year term: Mgmt For For William D. Nash 1I. Election of Director for a one year term: Mgmt For For Mark F. O'Neil 1J. Election of Director for a one year term: Mgmt For For Pietro Satriano 1K. Election of Director for a one year term: Mgmt For For Marcella Shinder 1L. Election of Director for a one year term: Mgmt For For Mitchell D. Steenrod 2. To ratify the appointment of KPMG LLP as Mgmt For For independent registered public accounting firm. 3. To vote on an advisory resolution to Mgmt For For approve the compensation of our named executive officers. 4. To approve the CarMax, Inc. 2002 Stock Mgmt For For Incentive Plan, as amended and restated. -------------------------------------------------------------------------------------------------------------------------- CONSTELLATION SOFTWARE INC Agenda Number: 712349326 -------------------------------------------------------------------------------------------------------------------------- Security: 21037X100 Meeting Type: AGM Meeting Date: 08-May-2020 Ticker: ISIN: CA21037X1006 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management CMMT PLEASE NOTE THAT SHAREHOLDERS ARE ALLOWED Non-Voting TO VOTE 'IN FAVOR' OR 'AGAINST' ONLY FOR RESOLUTION 3 AND 'IN FAVOR' OR 'ABSTAIN' ONLY FOR RESOLUTION NUMBERS 1.1 TO 1.11 AND 2. THANK YOU 1.1 ELECTION OF DIRECTOR: JEFF BENDER Mgmt For For 1.2 ELECTION OF DIRECTOR: LAWRENCE CUNNINGHAM Mgmt For For 1.3 ELECTION OF DIRECTOR: SUSAN GAYNER Mgmt For For 1.4 ELECTION OF DIRECTOR: ROBERT KITTEL Mgmt For For 1.5 ELECTION OF DIRECTOR: MARK LEONARD Mgmt For For 1.6 ELECTION OF DIRECTOR: PAUL MCFEETERS Mgmt For For 1.7 ELECTION OF DIRECTOR: MARK MILLER Mgmt For For 1.8 ELECTION OF DIRECTOR: LORI O'NEILL Mgmt For For 1.9 ELECTION OF DIRECTOR: STEPHEN R. SCOTCHMER Mgmt For For 1.10 ELECTION OF DIRECTOR: ROBIN VAN POELJE Mgmt For For 1.11 ELECTION OF DIRECTOR: DEXTER SALNA Mgmt For For 2 RE-APPOINTMENT OF KPMG LLP, AS AUDITORS OF Mgmt For For THE CORPORATION FOR THE ENSUING YEAR AND TO AUTHORIZE THE DIRECTORS TO FIX THE REMUNERATION TO BE PAID TO THE AUDITORS 3 AN ADVISORY VOTE TO ACCEPT THE Mgmt For For CORPORATION'S APPROACH TO EXECUTIVE COMPENSATION AS MORE PARTICULARLY DESCRIBED IN THE ACCOMPANYING MANAGEMENT INFORMATION CIRCULAR -------------------------------------------------------------------------------------------------------------------------- EUROFINS SCIENTIFIC SE Agenda Number: 712772347 -------------------------------------------------------------------------------------------------------------------------- Security: F3322K104 Meeting Type: MIX Meeting Date: 26-Jun-2020 Ticker: ISIN: FR0000038259 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management A.1 RECEIVE AND APPROVE BOARD'S REPORTS Mgmt For For A.2 RECEIVE AND APPROVE DIRECTOR'S SPECIAL Mgmt For For REPORTS RE: OPERATIONS CARRIED OUT UNDER THE AUTHORIZED CAPITAL ESTABLISHED A.3 RECEIVE AND APPROVE AUDITOR'S REPORTS Mgmt For For A.4 APPROVE CONSOLIDATED FINANCIAL STATEMENTS Mgmt For For AND STATUTORY REPORTS A.5 APPROVE FINANCIAL STATEMENTS Mgmt For For A.6 APPROVE ALLOCATION OF INCOME Mgmt For For A.7 APPROVE DISCHARGE OF DIRECTORS Mgmt For For A.8 APPROVE DISCHARGE OF AUDITORS Mgmt For For A.9 APPROVE REMUNERATION POLICY Mgmt For For A.10 APPROVE REMUNERATION REPORT Mgmt For For A.11 REELECT ANTHONY STUART ANDERSON AS DIRECTOR Mgmt For For A.12 REELECT GILLES MARTIN AS DIRECTOR Mgmt For For A.13 REELECT VALERIE HANOTE AS DIRECTOR Mgmt For For A.14 REELECT YVES-LOIC MARTIN AS DIRECTOR Mgmt For For A.15 ELECT PASCAL RAKOVSKY AS DIRECTOR Mgmt For For A.16 RENEW APPOINTMENT OF DELOITTE AUDIT AS Mgmt For For AUDITOR A.17 APPROVE REMUNERATION OF DIRECTORS Mgmt For For A.18 ACKNOWLEDGE INFORMATION ON REPURCHASE Mgmt For For PROGRAM A.19 AUTHORIZE BOARD TO RATIFY AND EXECUTE Mgmt For For APPROVED RESOLUTIONS S.1 APPROVE ISSUANCE OF EQUITY OR EQUITY-LINKED Mgmt For For SECURITIES WITHOUT PREEMPTIVE RIGHTS S.2 AUTHORIZE BOARD TO RATIFY AND EXECUTE Mgmt For For APPROVED RESOLUTIONS CMMT PLEASE NOTE THAT THIS IS A EUROPEAN COMPANY Non-Voting FOR WHICH ABSTAIN VOTES ARE ALLOWED CMMT THE FOLLOWING APPLIES TO SHAREHOLDERS THAT Non-Voting DO NOT HOLD SHARES DIRECTLY WITH A FRENCH CUSTODIAN: PROXY CARDS: VOTING INSTRUCTIONS WILL BE FORWARDED TO THE GLOBAL CUSTODIANS ON THE VOTE DEADLINE DATE. IN CAPACITY AS REGISTERED INTERMEDIARY, THE GLOBAL CUSTODIANS WILL SIGN THE PROXY CARDS AND FORWARD THEM TO THE LOCAL CUSTODIAN. IF YOU REQUEST MORE INFORMATION, PLEASE CONTACT YOUR CLIENT REPRESENTATIVE CMMT IN CASE AMENDMENTS OR NEW RESOLUTIONS ARE Non-Voting PRESENTED DURING THE MEETING, YOUR VOTE WILL DEFAULT TO 'ABSTAIN'. SHARES CAN ALTERNATIVELY BE PASSED TO THE CHAIRMAN OR A NAMED THIRD PARTY TO VOTE ON ANY SUCH ITEM RAISED. SHOULD YOU WISH TO PASS CONTROL OF YOUR SHARES IN THIS WAY, PLEASE CONTACT YOUR BROADRIDGE CLIENT SERVICE REPRESENTATIVE. THANK YOU -------------------------------------------------------------------------------------------------------------------------- FACEBOOK, INC. Agenda Number: 935178221 -------------------------------------------------------------------------------------------------------------------------- Security: 30303M102 Meeting Type: Annual Meeting Date: 27-May-2020 Ticker: FB ISIN: US30303M1027 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR Peggy Alford Mgmt For For Marc L. Andreessen Mgmt Withheld Against Andrew W. Houston Mgmt For For Nancy Killefer Mgmt For For Robert M. Kimmitt Mgmt For For Sheryl K. Sandberg Mgmt For For Peter A. Thiel Mgmt For For Tracey T. Travis Mgmt For For Mark Zuckerberg Mgmt For For 2. To ratify the appointment of Ernst & Young Mgmt For For LLP as Facebook, Inc.'s independent registered public accounting firm for the fiscal year ending December 31, 2020. 3. To approve the director compensation Mgmt For For policy. 4. A stockholder proposal regarding change in Shr For Against stockholder voting. 5. A stockholder proposal regarding an Shr Against For independent chair. 6. A stockholder proposal regarding majority Shr For Against voting for directors. 7. A stockholder proposal regarding political Shr Against For advertising. 8. A stockholder proposal regarding Shr Against For human/civil rights expert on board. 9. A stockholder proposal regarding report on Shr Against For civil and human rights risks. 10. A stockholder proposal regarding child Shr Against For exploitation. 11. A stockholder proposal regarding median Shr Against For gender/racial pay gap. -------------------------------------------------------------------------------------------------------------------------- HISCOX LTD Agenda Number: 712405833 -------------------------------------------------------------------------------------------------------------------------- Security: G4593F138 Meeting Type: AGM Meeting Date: 14-May-2020 Ticker: ISIN: BMG4593F1389 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1 TO RECEIVE THE ANNUAL REPORT AND ACCOUNTS Mgmt For For FOR THE YEAR ENDED 31 DECEMBER 2019 2 TO APPROVE THE EXECUTIVE DIRECTORS' Mgmt For For REMUNERATION POLICY 3 TO APPROVE THE ANNUAL REPORT ON Mgmt For For REMUNERATION 4 TO RE-APPOINT ROBERT CHILDS AS A DIRECTOR Mgmt For For 5 TO RE-APPOINT CAROLINE FOULGER AS A Mgmt For For DIRECTOR 6 TO RE-APPOINT MICHAEL GOODWIN AS A DIRECTOR Mgmt For For 7 TO RE-APPOINT THOMAS HURLIMANN AS A Mgmt For For DIRECTOR 8 TO RE-APPOINT HAMAYOU AKBAR HUSSAIN AS A Mgmt For For DIRECTOR 9 TO RE-APPOINT COLIN KEOGH AS A DIRECTOR Mgmt For For 10 TO RE-APPOINT ANNE MACDONALD AS A DIRECTOR Mgmt For For 11 TO RE-APPOINT BRONISLAW MASOJADA AS A Mgmt For For DIRECTOR 12 TO RE-APPOINT CONSTANTINOS MIRANTHIS AS A Mgmt For For DIRECTOR 13 TO RE-APPOINT JOANNE MUSSELLE AS A DIRECTOR Mgmt For For 14 TO RE-APPOINT LYNN PIKE AS A DIRECTOR Mgmt For For 15 TO RE-APPOINT PRICEWATERHOUSECOOPERS LTD AS Mgmt For For AUDITORS OF THE COMPANY 16 TO AUTHORISE THE AUDIT COMMITTEE TO SET THE Mgmt For For AUDITORS' REMUNERATION 17 TO AUTHORISE THE AMENDMENT TO THE HISCOX Mgmt For For LTD PERFORMANCE SHARE PLAN 18 TO AUTHORISE THE DIRECTORS TO ALLOT SHARES Mgmt For For 19 TO DIS-APPLY PRE-EMPTION RIGHTS Mgmt For For 20 TO DIS-APPLY PRE-EMPTION RIGHTS ON AN Mgmt For For ADDITIONAL 5% OF SHARES 21 TO AUTHORISE THE COMPANY TO PURCHASE ITS Mgmt For For OWN SHARES -------------------------------------------------------------------------------------------------------------------------- JACOBS ENGINEERING GROUP INC. Agenda Number: 935112122 -------------------------------------------------------------------------------------------------------------------------- Security: 469814107 Meeting Type: Annual Meeting Date: 14-Jan-2020 Ticker: JEC ISIN: US4698141078 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Steven J. Demetriou Mgmt For For 1B. Election of Director: Christopher M.T. Mgmt For For Thompson 1C. Election of Director: Joseph R. Bronson Mgmt For For 1D. Election of Director: Robert C. Davidson, Mgmt For For Jr. 1E. Election of Director: General Ralph E. Mgmt For For Eberhart 1F. Election of Director: Georgette D. Kiser Mgmt For For 1G. Election of Director: Linda Fayne Levinson Mgmt For For 1H. Election of Director: Barbara L. Loughran Mgmt For For 1I. Election of Director: Robert A. McNamara Mgmt For For 1J. Election of Director: Peter J. Robertson Mgmt For For 2. Advisory vote to approve the Company's Mgmt For For executive compensation. 3. To ratify the appointment of Ernst & Young Mgmt For For LLP as the Company's independent registered public accounting firm. -------------------------------------------------------------------------------------------------------------------------- LIBERTY BROADBAND CORPORATION Agenda Number: 935189060 -------------------------------------------------------------------------------------------------------------------------- Security: 530307107 Meeting Type: Annual Meeting Date: 19-May-2020 Ticker: LBRDA ISIN: US5303071071 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR John C. Malone Mgmt For For John E. Welsh III Mgmt For For 2. A proposal to ratify the selection of KPMG Mgmt For For LLP as our independent auditors for the fiscal year ending December 31, 2020. -------------------------------------------------------------------------------------------------------------------------- LIBERTY MEDIA CORPORATION Agenda Number: 935196774 -------------------------------------------------------------------------------------------------------------------------- Security: 531229870 Meeting Type: Annual Meeting Date: 21-May-2020 Ticker: FWONA ISIN: US5312298707 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR Evan D. Malone Mgmt For For David E. Rapley Mgmt For For Larry E. Romrell Mgmt For For 2. A proposal to ratify the selection of KPMG Mgmt For For LLP as our independent auditors for the fiscal year ending December 31, 2020. -------------------------------------------------------------------------------------------------------------------------- MASTERCARD INCORPORATED Agenda Number: 935196332 -------------------------------------------------------------------------------------------------------------------------- Security: 57636Q104 Meeting Type: Annual Meeting Date: 16-Jun-2020 Ticker: MA ISIN: US57636Q1040 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Richard Mgmt For For Haythornthwaite 1B. Election of Director: Ajay Banga Mgmt For For 1C. Election of Director: Richard K. Davis Mgmt For For 1D. Election of Director: Steven J. Freiberg Mgmt For For 1E. Election of Director: Julius Genachowski Mgmt For For 1F. Election of Director: Choon Phong Goh Mgmt For For 1G. Election of Director: Merit E. Janow Mgmt For For 1H. Election of Director: Oki Matsumoto Mgmt For For 1I. Election of Director: Youngme Moon Mgmt For For 1J. Election of Director: Rima Qureshi Mgmt For For 1K. Election of Director: Jose Octavio Reyes Mgmt For For Lagunes 1L. Election of Director: Gabrielle Sulzberger Mgmt For For 1M. Election of Director: Jackson Tai Mgmt For For 1N. Election of Director: Lance Uggla Mgmt For For 2. Advisory approval of Mastercard's executive Mgmt For For compensation 3. Ratification of the appointment of Mgmt For For PricewaterhouseCoopers LLP as the independent registered public accounting firm for Mastercard for 2020 -------------------------------------------------------------------------------------------------------------------------- MELROSE INDUSTRIES PLC Agenda Number: 712347550 -------------------------------------------------------------------------------------------------------------------------- Security: G5973J178 Meeting Type: AGM Meeting Date: 07-May-2020 Ticker: ISIN: GB00BZ1G4322 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1 TO RECEIVE THE COMPANY'S AUDITED FINANCIAL Mgmt For For STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 TOGETHER WITH THE REPORTS THEREON 2 TO APPROVE THE 2020 DIRECTORS REMUNERATION Mgmt For For REPORT FOR THE YEAR ENDED 31 DECEMBER 2019 3 TO APPROVE THE 2020 DIRECTORS REMUNERATION Mgmt For For POLICY 4 TO DECLARE A FINAL DIVIDEND Mgmt For For 5 TO RE-ELECT CHRISTOPHER MILLER AS A Mgmt For For DIRECTOR 6 TO RE-ELECT DAVID ROPER AS A DIRECTOR Mgmt For For 7 TO RE-ELECT SIMON PECKHAM AS A DIRECTOR Mgmt For For 8 TO RE-ELECT GEOFFREY MARTIN AS A DIRECTOR Mgmt For For 9 TO RE-ELECT JUSTIN DOWLEY AS A DIRECTOR Mgmt For For 10 TO RE-ELECT LIZ HEWITT AS A DIRECTOR Mgmt For For 11 TO RE-ELECT DAVID LIS AS A DIRECTOR Mgmt For For 12 TO RE-ELECT ARCHIE G. KANE AS A DIRECTOR Mgmt For For 13 TO RE-ELECT CHARLOTTE TWYNING AS A DIRECTOR Mgmt For For 14 TO ELECT FUNMI ADEGOKE AS A DIRECTOR Mgmt For For 15 TO RE-APPOINT DELOITTE LLP AS AUDITOR Mgmt For For 16 TO AUTHORISE THE AUDIT COMMITTEE TO Mgmt For For DETERMINE THE AUDITORS REMUNERATION 17 TO RENEW THE AUTHORITY GIVEN TO DIRECTORS Mgmt For For TO ALLOT SHARES 18 TO GIVE THE DIRECTORS AUTHORITY TO ALLOT Mgmt For For EQUITY SECURITIES WITHOUT APPLICATION OF PRE-EMPTION RIGHTS 19 TO GIVE THE DIRECTORS AUTHORITY TO ALLOT Mgmt For For EQUITY SECURITIES FOR THE PURPOSE OF FINANCING AN ACQUISITION OR OTHER CAPITAL INVESTMENT WITHOUT APPLICATION OF PRE-EMPTION RIGHTS 20 TO AUTHORISE MARKET PURCHASES OF SHARES Mgmt For For 21 TO APPROVE THE CALLING OF A GENERAL MEETING Mgmt For For OTHER THAN AN ANNUAL GENERAL MEETING ON NOT LESS THAN 14 CLEAR DAYS' NOTICE -------------------------------------------------------------------------------------------------------------------------- NASPERS LTD Agenda Number: 711441434 -------------------------------------------------------------------------------------------------------------------------- Security: S53435103 Meeting Type: AGM Meeting Date: 23-Aug-2019 Ticker: ISIN: ZAE000015889 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management O.1 ACCEPTANCE OF ANNUAL FINANCIAL STATEMENTS Mgmt For For O.2 CONFIRMATION AND APPROVAL OF PAYMENT OF Mgmt For For DIVIDENDS O.3 REAPPOINTMENT OF PRICEWATERHOUSECOOPERS Mgmt For For INC. AS AUDITOR O.4 TO CONFIRM THE APPOINTMENT OF F L N LETELE Mgmt For For AS A NON-EXECUTIVE DIRECTOR O.5.1 TO RE-ELECT THE FOLLOWING DIRECTOR: J P Mgmt For For BEKKER O.5.2 TO RE-ELECT THE FOLLOWING DIRECTOR: S J Z Mgmt For For PACAK O.5.3 TO RE-ELECT THE FOLLOWING DIRECTOR: J D T Mgmt For For STOFBERG O.5.4 TO RE-ELECT THE FOLLOWING DIRECTOR: B J VAN Mgmt For For DER ROSS O.5.5 TO RE-ELECT THE FOLLOWING DIRECTOR: D MEYER Mgmt For For O.6.1 APPOINTMENT OF THE FOLLOWING AUDIT Mgmt For For COMMITTEE MEMBER: D G ERIKSSON O.6.2 APPOINTMENT OF THE FOLLOWING AUDIT Mgmt For For COMMITTEE MEMBER: B J VAN DER ROSS O.6.3 APPOINTMENT OF THE FOLLOWING AUDIT Mgmt For For COMMITTEE MEMBER: R C C JAFTA O.7 TO ENDORSE THE COMPANY'S REMUNERATION Mgmt For For POLICY O.8 TO APPROVE THE IMPLEMENTATION REPORT OF THE Mgmt For For REMUNERATION REPORT O.9 APPROVAL OF GENERAL AUTHORITY PLACING Mgmt For For UNISSUED SHARES UNDER THE CONTROL OF THE DIRECTORS O.10 APPROVAL OF GENERAL ISSUE OF SHARES FOR Mgmt For For CASH O.11 APPROVAL OF AMENDMENTS TO THE NASPERS Mgmt For For RESTRICTED STOCK PLAN TRUST O.12 AUTHORISATION TO IMPLEMENT ALL RESOLUTIONS Mgmt For For ADOPTED AT THE ANNUAL GENERAL MEETING S.1.1 APPROVAL OF THE REMUNERATION OF THE Mgmt For For NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2021: BOARD: CHAIR S.1.2 APPROVAL OF THE REMUNERATION OF THE Mgmt For For NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2021: BOARD: MEMBER S.1.3 APPROVAL OF THE REMUNERATION OF THE Mgmt For For NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2021: AUDIT COMMITTEE: CHAIR S.1.4 APPROVAL OF THE REMUNERATION OF THE Mgmt For For NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2021: AUDIT COMMITTEE: MEMBER S.1.5 APPROVAL OF THE REMUNERATION OF THE Mgmt For For NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2021: RISK COMMITTEE: CHAIR S.1.6 APPROVAL OF THE REMUNERATION OF THE Mgmt For For NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2021: RISK COMMITTEE: MEMBER S.1.7 APPROVAL OF THE REMUNERATION OF THE Mgmt For For NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2021: HUMAN RESOURCES AND REMUNERATION COMMITTEE: CHAIR S.1.8 APPROVAL OF THE REMUNERATION OF THE Mgmt For For NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2021: HUMAN RESOURCES AND REMUNERATION COMMITTEE: MEMBER S.1.9 APPROVAL OF THE REMUNERATION OF THE Mgmt For For NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2021: NOMINATION COMMITTEE: CHAIR S.110 APPROVAL OF THE REMUNERATION OF THE Mgmt For For NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2021: NOMINATION COMMITTEE: MEMBER S.111 APPROVAL OF THE REMUNERATION OF THE Mgmt For For NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2021: SOCIAL AND ETHICS COMMITTEE: CHAIR S.112 APPROVAL OF THE REMUNERATION OF THE Mgmt For For NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2021: SOCIAL AND ETHICS COMMITTEE: MEMBER S.113 APPROVAL OF THE REMUNERATION OF THE Mgmt For For NON-EXECUTIVE DIRECTORS PROPOSED FINANCIAL YEAR 31 MARCH 2021: TRUSTEES OF GROUP SHARE SCHEMES/OTHER PERSONNEL FUNDS S.2 APPROVE GENERALLY THE PROVISION OF Mgmt For For FINANCIAL ASSISTANCE IN TERMS OF SECTION 44 OF THE ACT S.3 APPROVE GENERALLY THE PROVISION OF Mgmt For For FINANCIAL ASSISTANCE IN TERMS OF SECTION 45 OF THE ACT S.4 GENERAL AUTHORITY FOR THE COMPANY OR ITS Mgmt For For SUBSIDIARIES TO ACQUIRE N ORDINARY SHARES IN THE COMPANY S.5 GENERAL AUTHORITY FOR THE COMPANY OR ITS Mgmt For For SUBSIDIARIES TO ACQUIRE A ORDINARY SHARES IN THE COMPANY S.6 GRANTING THE SPECIFIC REPURCHASE AUTHORITY Mgmt For For -------------------------------------------------------------------------------------------------------------------------- NASPERS LTD Agenda Number: 711455976 -------------------------------------------------------------------------------------------------------------------------- Security: S53435103 Meeting Type: OGM Meeting Date: 23-Aug-2019 Ticker: ISIN: ZAE000015889 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management S.1 APPROVING MATTERS RELATING TO THE Mgmt For For IMPLEMENTATION OF THE PROPOSED TRANSACTION ON THE TERMS AND CONDITIONS SET OUT IN THE CIRCULAR -------------------------------------------------------------------------------------------------------------------------- ROLLS-ROYCE HOLDINGS PLC Agenda Number: 712301376 -------------------------------------------------------------------------------------------------------------------------- Security: G76225104 Meeting Type: AGM Meeting Date: 07-May-2020 Ticker: ISIN: GB00B63H8491 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1 TO RECEIVE THE COMPANY'S ACCOUNTS AND THE Mgmt For For REPORTS OF THE DIRECTORS AND THE AUDITOR FOR THE YEAR ENDED 31 DECEMBER 2019 2 TO APPROVE THE DIRECTORS' REMUNERATION Mgmt For For POLICY TO TAKE EFFECT FROM THE CONCLUSION OF THE AGM 3 TO APPROVE THE DIRECTORS' REMUNERATION Mgmt For For REPORT FOR THE YEAR ENDED 31 DECEMBER 2019 4 TO RE-ELECT SIR IAN DAVIS AS A DIRECTOR OF Mgmt For For THE COMPANY 5 TO RE-ELECT WARREN EAST CBE AS A DIRECTOR Mgmt For For OF THE COMPANY 6 TO RE-ELECT STEPHEN DAINTITH AS A DIRECTOR Mgmt For For OF THE COMPANY 7 TO RE-ELECT LEWIS BOOTH CBE AS A DIRECTOR Mgmt For For OF THE COMPANY 8 TO RE-ELECT SIR FRANK CHAPMAN AS A DIRECTOR Mgmt For For OF THE COMPANY 9 TO ELECT GEORGE CULMER AS A DIRECTOR OF THE Mgmt For For COMPANY 10 TO RE-ELECT IRENE DORNER AS A DIRECTOR OF Mgmt For For THE COMPANY 11 TO RE-ELECT BEVERLY GOULET AS A DIRECTOR OF Mgmt For For THE COMPANY 12 TO RE-ELECT LEE HSIEN YANG AS A DIRECTOR OF Mgmt For For THE COMPANY 13 TO RE-ELECT NICK LUFF AS A DIRECTOR OF THE Mgmt For For COMPANY 14 TO RE-ELECT SIR KEVIN SMITH CBE AS A Mgmt For For DIRECTOR OF THE COMPANY 15 TO RE-ELECT JASMIN STAIBLIN AS A DIRECTOR Mgmt For For OF THE COMPANY 16 TO ELECT DAME ANGELA STRANK AS A DIRECTOR Mgmt For For OF THE COMPANY 17 TO RE-APPOINT PRICEWATERHOUSECOOPERS LLP Mgmt For For (PWC) AS THE COMPANY'S AUDITOR 18 TO AUTHORISE THE AUDIT COMMITTEE, ON BEHALF Mgmt For For OF THE BOARD, TO DETERMINE THE AUDITOR'S REMUNERATION 19 TO AUTHORISE PAYMENTS TO SHAREHOLDERS Mgmt For For 20 TO AUTHORISE POLITICAL DONATIONS AND Mgmt For For POLITICAL EXPENDITURE 21 TO AUTHORISE THE DIRECTORS TO ALLOT SHARES Mgmt For For 22 TO DISAPPLY PRE-EMPTION RIGHTS Mgmt For For 23 TO AUTHORISE THE COMPANY TO PURCHASE ITS Mgmt For For OWN SHARES -------------------------------------------------------------------------------------------------------------------------- ROLLS-ROYCE HOLDINGS PLC Agenda Number: 712400643 -------------------------------------------------------------------------------------------------------------------------- Security: G76225104 Meeting Type: SGM Meeting Date: 07-May-2020 Ticker: ISIN: GB00B63H8491 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1 APPROVE INCREASE IN BORROWING LIMIT Mgmt For For -------------------------------------------------------------------------------------------------------------------------- TAIWAN SEMICONDUCTOR MFG. CO. LTD. Agenda Number: 935218683 -------------------------------------------------------------------------------------------------------------------------- Security: 874039100 Meeting Type: Annual Meeting Date: 09-Jun-2020 Ticker: TSM ISIN: US8740391003 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1) To accept 2019 Business Report and Mgmt For For Financial Statements 2) To revise the Procedures for Lending Funds Mgmt For For to Other Parties 3) DIRECTOR Yancey Hai Mgmt For For -------------------------------------------------------------------------------------------------------------------------- THE A2 MILK COMPANY LTD Agenda Number: 711641476 -------------------------------------------------------------------------------------------------------------------------- Security: Q2774Q104 Meeting Type: AGM Meeting Date: 19-Nov-2019 Ticker: ISIN: NZATME0002S8 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1 THAT THE DIRECTORS OF THE COMPANY BE Mgmt For For AUTHORISED TO FIX THE FEES AND EXPENSES OF THE COMPANY'S AUDITOR, ERNST & YOUNG, FOR THE ENSUING YEAR 2 THAT PIP GREENWOOD, WHO WAS APPOINTED A Mgmt For For DIRECTOR OF THE COMPANY BY THE BOARD DURING THE YEAR, AND WHO WILL RETIRE AT THE MEETING IN ACCORDANCE WITH THE COMPANY'S CONSTITUTION, BE ELECTED AS A DIRECTOR OF THE COMPANY 3 THAT THE EXISTING COMPANY CONSTITUTION BE Mgmt For For REVOKED AND THE NEW CONSTITUTION, IN THE FORM PRESENTED AT THE ANNUAL MEETING AND REFERRED TO IN THE EXPLANATORY NOTES OF THE NOTICE OF MEETING UNDER THE HEADING "ITEM 4 - ADOPTION OF NEW CONSTITUTION (RESOLUTION 3)", BE ADOPTED AS THE CONSTITUTION OF THE COMPANY WITH EFFECT FROM THE CLOSE OF THE MEETING: CLAUSE 17.4(A), CLAUSE 23.1, CLAUSE 15.9 AND CLAUSE 3.1 -------------------------------------------------------------------------------------------------------------------------- THE CHARLES SCHWAB CORPORATION Agenda Number: 935165565 -------------------------------------------------------------------------------------------------------------------------- Security: 808513105 Meeting Type: Annual Meeting Date: 12-May-2020 Ticker: SCHW ISIN: US8085131055 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: William S. Haraf Mgmt For For 1B. Election of Director: Frank C. Herringer Mgmt For For 1C. Election of Director: Roger O. Walther Mgmt For For 2. Ratification of the selection of Deloitte & Mgmt For For Touche LLP as independent auditors 3. Advisory vote to approve named executive Mgmt For For officer compensation 4. Approve the 2013 Stock Incentive Plan as Mgmt For For Amended and Restated 5. Approve the Amended and Restated Bylaws to Mgmt For For adopt a proxy access bylaw for director nominations by stockholders 6. Stockholder Proposal requesting annual Shr Against For disclosure of EEO-1 data 7. Stockholder Proposal requesting disclosure Shr Against For of lobbying policy, procedures and oversight; lobbying expenditures; and participation in organizations engaged in lobbying -------------------------------------------------------------------------------------------------------------------------- THE CHARLES SCHWAB CORPORATION Agenda Number: 935219091 -------------------------------------------------------------------------------------------------------------------------- Security: 808513105 Meeting Type: Special Meeting Date: 04-Jun-2020 Ticker: SCHW ISIN: US8085131055 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. Approve the issuance of Schwab common Mgmt For For shares, consisting of common stock and nonvoting common stock, to holders of shares of TD Ameritrade common stock in connection with the merger contemplated with TD Ameritrade. 2. Approve an amendment to the Schwab charter Mgmt For For to increase the number of authorized shares of capital stock of Schwab by 300 million and create a new class of Schwab nonvoting common stock. 3. Approve a proposal that will give the Mgmt For For Schwab board of directors authority to adjourn the Schwab special meeting from time to time if necessary to solicit additional proxies if there are not sufficient votes to approve Proposals 1 and 2 above at the time of the Schwab special meeting, or any adjournment or postponement of the Schwab special meeting. -------------------------------------------------------------------------------------------------------------------------- UNITEDHEALTH GROUP INCORPORATED Agenda Number: 935188931 -------------------------------------------------------------------------------------------------------------------------- Security: 91324P102 Meeting Type: Annual Meeting Date: 01-Jun-2020 Ticker: UNH ISIN: US91324P1021 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Richard T. Burke Mgmt For For 1B. Election of Director: Timothy P. Flynn Mgmt For For 1C. Election of Director: Stephen J. Hemsley Mgmt For For 1D. Election of Director: Michele J. Hooper Mgmt For For 1E. Election of Director: F. William McNabb III Mgmt For For 1F. Election of Director: Valerie C. Montgomery Mgmt For For Rice, M.D. 1G. Election of Director: John H. Noseworthy, Mgmt For For M.D. 1H. Election of Director: Glenn M. Renwick Mgmt For For 1I. Election of Director: David S. Wichmann Mgmt For For 1J. Election of Director: Gail R. Wilensky, Mgmt For For Ph.D. 2. Advisory approval of the Company's Mgmt For For executive compensation. 3. Ratification of the appointment of Deloitte Mgmt For For & Touche LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2020. 4. Approval of the UnitedHealth Group 2020 Mgmt For For Stock Incentive Plan. 5. If properly presented at the 2020 Annual Shr Against For Meeting of Shareholders, the shareholder proposal set forth in the proxy statement requesting any material amendment to the Company's Bylaws be subject to a non-binding shareholder vote. -------------------------------------------------------------------------------------------------------------------------- VIVENDI SA Agenda Number: 712254224 -------------------------------------------------------------------------------------------------------------------------- Security: F97982106 Meeting Type: MIX Meeting Date: 20-Apr-2020 Ticker: ISIN: FR0000127771 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management CMMT THE FOLLOWING APPLIES TO SHAREHOLDERS THAT Non-Voting DO NOT HOLD SHARES DIRECTLY WITH A FRENCH CUSTODIAN: PROXY CARDS: VOTING INSTRUCTIONS WILL BE FORWARDED TO THE GLOBAL CUSTODIANS ON THE VOTE DEADLINE DATE. IN CAPACITY AS REGISTERED INTERMEDIARY, THE GLOBAL CUSTODIANS WILL SIGN THE PROXY CARDS AND FORWARD THEM TO THE LOCAL CUSTODIAN. IF YOU REQUEST MORE INFORMATION, PLEASE CONTACT YOUR CLIENT REPRESENTATIVE. CMMT IN CASE AMENDMENTS OR NEW RESOLUTIONS ARE Non-Voting PRESENTED DURING THE MEETING, YOUR VOTE WILL DEFAULT TO 'ABSTAIN'. SHARES CAN ALTERNATIVELY BE PASSED TO THE CHAIRMAN OR A NAMED THIRD PARTY TO VOTE ON ANY SUCH ITEM RAISED. SHOULD YOU WISH TO PASS CONTROL OF YOUR SHARES IN THIS WAY, PLEASE CONTACT YOUR BROADRIDGE CLIENT SERVICE REPRESENTATIVE. THANK YOU. CMMT PLEASE NOTE THAT IMPORTANT ADDITIONAL Non-Voting MEETING INFORMATION IS AVAILABLE BY CLICKING ON THE MATERIAL URL LINK: https://www.journal-officiel.gouv.fr/balo/d ocument/202003112000485-31 O.1 APPROVAL OF THE CORPORATE FINANCIAL Mgmt For For STATEMENTS FOR THE FINANCIAL YEAR 2019 O.2 APPROVAL OF THE CONSOLIDATED FINANCIAL Mgmt For For STATEMENTS FOR THE FINANCIAL YEAR 2019 O.3 ALLOCATION OF INCOME FOR THE FINANCIAL YEAR Mgmt For For 2019, SETTING OF THE DIVIDEND AND ITS DATE OF PAYMENT O.4 RENEWAL OF THE TERM OF OFFICE OF MR. Mgmt For For YANNICK BOLLORE AS A MEMBER OF THE SUPERVISORY BOARD O.5 APPOINTMENT OF MR. LAURENT DASSAULT AS Mgmt For For MEMBER OF THE SUPERVISORY BOARD O.6 AUTHORIZATION GRANTED TO THE MANAGEMENT Mgmt For For BOARD FOR THE COMPANY TO PURCHASE ITS OWN SHARES WITHIN THE LIMIT OF 10% OF THE CAPITAL O.7 APPROVAL OF THE STATUTORY AUDITORS' SPECIAL Mgmt For For REPORT PREPARED IN ACCORDANCE WITH ARTICLE L. 225-88 OF THE FRENCH COMMERCIAL CODE ON THE REGULATED AGREEMENTS AND COMMITMENTS O.8 APPROVAL OF THE INFORMATION REFERRED TO IN Mgmt For For ARTICLE L. 225-37-3 I. OF THE FRENCH COMMERCIAL CODE CONTAINED IN THE CORPORATE GOVERNANCE REPORT O.9 APPROVAL OF THE ELEMENTS MAKING UP THE Mgmt For For COMPENSATION AND BENEFITS OF ANY KIND PAID DURING THE FINANCIAL YEAR 2019 OR ALLOCATED FOR THE SAME FINANCIAL YEAR TO MR. YANNICK BOLLORE, CHAIRMAN OF THE SUPERVISORY BOARD O.10 APPROVAL OF THE ELEMENTS MAKING UP THE Mgmt For For COMPENSATION AND BENEFITS OF ANY KIND PAID DURING THE FINANCIAL YEAR 2019 OR ALLOCATED FOR THE SAME FINANCIAL YEAR TO MR. ARNAUD DE PUYFONTAINE, CHAIRMAN OF THE MANAGEMENT BOARD O.11 APPROVAL OF THE ELEMENTS MAKING UP THE Mgmt For For COMPENSATION AND BENEFITS OF ANY KIND PAID DURING FINANCIAL YEAR 2019 OR ALLOCATED FOR THE SAME FINANCIAL YEAR TO MR. GILLES ALIX, MEMBER OF THE MANAGEMENT BOARD O.12 APPROVAL OF THE ELEMENTS MAKING UP THE Mgmt For For COMPENSATION AND BENEFITS OF ANY KIND PAID DURING FINANCIAL YEAR 2019 OR ALLOCATED FOR THE SAME FINANCIAL YEAR TO MR. CEDRIC DE BAILLIENCOURT, MEMBER OF THE MANAGEMENT BOARD O.13 APPROVAL OF THE ELEMENTS MAKING UP THE Mgmt For For COMPENSATION AND BENEFITS OF ANY KIND PAID DURING FINANCIAL YEAR 2019 OR ALLOCATED FOR THE SAME FINANCIAL YEAR TO MR. FREDERIC CREPIN, MEMBER OF THE MANAGEMENT BOARD O.14 APPROVAL OF THE ELEMENTS MAKING UP THE Mgmt For For COMPENSATION AND BENEFITS OF ANY KIND PAID DURING FINANCIAL YEAR 2019 OR ALLOCATED FOR THE SAME FINANCIAL YEAR TO MR. SIMON GILLHAM, MEMBER OF THE MANAGEMENT BOARD O.15 APPROVAL OF THE ELEMENTS MAKING UP THE Mgmt For For COMPENSATION AND BENEFITS OF ANY KIND PAID DURING FINANCIAL YEAR 2019 OR ALLOCATED FOR THE SAME FINANCIAL YEAR TO MR. HERVE PHILIPPE, MEMBER OF THE MANAGEMENT BOARD O.16 APPROVAL OF THE ELEMENTS MAKING UP THE Mgmt For For COMPENSATION AND BENEFITS OF ANY KIND PAID DURING FINANCIAL YEAR 2019 OR ALLOCATED FOR THE SAME FINANCIAL YEAR TO MR. STEPHANE ROUSSEL, MEMBER OF THE MANAGEMENT BOARD O.17 APPROVAL OF THE COMPENSATION POLICY OF THE Mgmt For For CHAIRMAN AND MEMBERS OF THE SUPERVISORY BOARD FOR THE FINANCIAL YEAR 2020 O.18 APPROVAL OF THE COMPENSATION POLICY OF THE Mgmt For For CHAIRMAN OF THE MANAGEMENT BOARD FOR THE FINANCIAL YEAR 2020 O.19 APPROVAL OF THE COMPENSATION POLICY FOR Mgmt For For MEMBERS OF THE MANAGEMENT BOARD FOR THE FINANCIAL YEAR 2020 O.20 APPROVAL OF THE STATUTORY AUDITORS' SPECIAL Mgmt For For REPORT ON THE MODIFICATION OF THE COMMITMENT, WITH RESPECT TO THE ADDITIONAL COLLECTIVE DEFINED-BENEFIT PENSION PLAN, FOR THE BENEFIT OF MR. ARNAUD DE PUYFONTAINE O.21 APPROVAL OF THE STATUTORY AUDITORS' SPECIAL Mgmt For For REPORT ON THE MODIFICATION OF THE COMMITMENT, WITH RESPECT TO THE ADDITIONAL COLLECTIVE DEFINED-BENEFIT PENSION PLAN, FOR THE BENEFIT OF MR. GILLES ALIX O.22 APPROVAL OF THE STATUTORY AUDITORS' SPECIAL Mgmt For For REPORT ON THE MODIFICATION OF THE COMMITMENT, WITH RESPECT TO THE ADDITIONAL COLLECTIVE DEFINED-BENEFIT PENSION PLAN, FOR THE BENEFIT OF MR. CEDRIC DE BAILLIENCOURT O.23 APPROVAL OF THE STATUTORY AUDITORS' SPECIAL Mgmt For For REPORT ON THE MODIFICATION OF THE COMMITMENT, WITH RESPECT TO THE ADDITIONAL COLLECTIVE DEFINED-BENEFIT PENSION PLAN, FOR THE BENEFIT OF MR. FREDERIC CREPIN O.24 APPROVAL OF THE STATUTORY AUDITORS' SPECIAL Mgmt For For REPORT ON THE MODIFICATION OF THE COMMITMENT, WITH RESPECT TO THE ADDITIONAL COLLECTIVE DEFINED-BENEFIT PENSION PLAN, FOR THE BENEFIT OF MR. SIMON GILLHAM O.25 APPROVAL OF THE STATUTORY AUDITORS' SPECIAL Mgmt For For REPORT ON THE MODIFICATION OF THE COMMITMENT, WITH RESPECT TO THE ADDITIONAL COLLECTIVE DEFINED-BENEFIT PENSION PLAN, FOR THE BENEFIT OF MR. HERVE PHILIPPE O.26 APPROVAL OF THE STATUTORY AUDITORS' SPECIAL Mgmt For For REPORT ON THE MODIFICATION OF THE COMMITMENT, WITH RESPECT TO THE ADDITIONAL COLLECTIVE DEFINED-BENEFIT PENSION PLAN, FOR THE BENEFIT OF MR. STEPHANE ROUSSEL E.27 AUTHORIZATION GRANTED TO THE MANAGEMENT Mgmt For For BOARD TO REDUCE THE SHARE CAPITAL BY CANCELLING SHARES WITHIN THE LIMIT OF 10% OF THE CAPITAL E.28 REDUCTION OF CAPITAL BY A MAXIMUM NOMINAL Mgmt For For AMOUNT OF 1,954,507,735.50 EUROS, I.E. 30% OF THE CAPITAL, BY WAY OF THE REPURCHASE BY THE COMPANY OF ITS OWN SHARES WITHIN THE LIMIT OF A MAXIMUM OF 355,372,861 SHARES FOLLOWED BY THE CANCELLATION OF THE REPURCHASED SHARES, AND AUTHORIZATION TO BE GRANTED TO THE MANAGEMENT BOARD TO FORMULATE A BUYBACK PUBLIC OFFERING OF ALL SHAREHOLDERS, TO IMPLEMENT THE CAPITAL REDUCTION AND THEN TO SET THE FINAL AMOUNT E.29 ALIGNMENT OF ARTICLE 8 - II. OF THE BYLAWS Mgmt For For WITH THE NEW LEGAL PROVISIONS RELATING TO THE TERMS AND CONDITIONS OF EMPLOYEE REPRESENTATION ON THE SUPERVISORY BOARD E.30 POWERS TO CARRY OUT FORMALITIES Mgmt For For -------------------------------------------------------------------------------------------------------------------------- WAYFAIR INC Agenda Number: 935151465 -------------------------------------------------------------------------------------------------------------------------- Security: 94419L101 Meeting Type: Annual Meeting Date: 12-May-2020 Ticker: W ISIN: US94419L1017 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Niraj Shah Mgmt For For 1B. Election of Director: Steven Conine Mgmt For For 1C. Election of Director: Julie Bradley Mgmt For For 1D. Election of Director: Andrea Jung Mgmt For For 1E. Election of Director: Michael Kumin Mgmt For For 1F. Election of Director: James Miller Mgmt For For 1G. Election of Director: Jeffrey Naylor Mgmt For For 1H. Election of Director: Anke Schaferkordt Mgmt For For 2. To ratify the appointment of Ernst & Young Mgmt For For LLP as the Corporation's independent registered public accountants for the fiscal year ending December 31, 2020. 3. A non-binding advisory resolution to Mgmt For For approve executive compensation. * Management position unknown SIGNATURES Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) Sequoia Fund, Inc. By (Signature) /s/ John B Harris Name John B Harris Title President and CEO Date 07/27/2020