D N e en y e n s n n t...D N e e n y e n s n n t 1142799 JP3100100001 Arcland Sakamoto Co. Ltd. Asia...

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1142799 JP3100100001 Arcland Sakamoto Co. Ltd. Asia Japan 11/05/2017 Annual All For 1

1143443 JP3358200008 Shimamura Co. Ltd. Asia Japan 12/05/2017 Annual All For 1

1144234 JP3386380004 J. Front Retailing Co. Ltd. Asia Japan 25/05/2017 Annual All For 1

1144232 JP3422950000 Seven & i Holdings Co Ltd Asia Japan 25/05/2017 Annual All For 2.10 1

1146181 JP3869200000 Matsuya Co. Ltd. (8237) Asia Japan 25/05/2017 Annual Against 1.6,1.8 Concerns about overall board structure 1

1146665 JP3835700000 Belc Co. Asia Japan 26/05/2017 Annual Against 2.12 Concerns about overall board structure 1

1152497 JP3634600005 Toyota Industries Corp. Asia Japan 09/06/2017 Annual Against 3

2.9,2.10,2.11

Apparent failure to link pay and appropriate performance

Concerns about overall board structure

1

1150583 JP3633400001 Toyota Motor Corp. Asia Japan 14/06/2017 Annual All For 1

1152182 JP3435000009 Sony Corporation Asia Japan 15/06/2017 Annual All For 1.1 1

1153359 JP3854600008 Honda Motor Co. Ltd. Asia Japan 15/06/2017 Annual All For 1

1153337 JP3102000001 Aisin Seiki Co. Ltd. Asia Japan 16/06/2017 Annual All For 1

1153700 JP3734800000 Nidec Corp. Asia Japan 16/06/2017 Annual All For 1

1154177 JP3105220002 Seven Bank Ltd Asia Japan 19/06/2017 Annual Against 1.8 Concerns about overall board structure 1

1152531 JP3778630008 BANDAI NAMCO Holdings Inc. Asia Japan 19/06/2017 Annual All For 1

1153375 JP3165650007 NTT DoCoMo Inc. Asia Japan 20/06/2017 Annual Against 4.2 Concerns about overall board structure 1

1154704 JP3166900005 F.C.C. Co., Ltd. Asia Japan 20/06/2017 Annual All For 1

1153395 JP3304200003 Komatsu Ltd. Asia Japan 20/06/2017 Annual Against 4

2.6,2.8



1

1152518 JP3551500006 Denso Corp. Asia Japan 20/06/2017 Annual Against 1.8,1.9 Concerns about overall board structure 1

1154162 JP3635700002 transcosmos inc. Asia Japan 20/06/2017 Annual Against 3.14 Concerns related to attendance at board or committee meetings 1

1153392 JP3970300004 Recruit Holdings Co., Ltd. Asia Japan 20/06/2017 Annual All For 1

1154719 JP3233250004 Japan Post Insurance Co., Ltd. Asia Japan 21/06/2017 Annual All For 1

1152504 JP3401400001 Sumitomo Chemical Co. Ltd. Asia Japan 21/06/2017 Annual All For 1

1152523 JP3417200007 Seibu Holdings Inc. Asia Japan 21/06/2017 Annual All For 1

1154696 JP3436100006 SoftBank Group Corp. Asia Japan 21/06/2017 Annual Against 3.2,3.3 Concerns regarding Auditor tenure 1

1152945 JP3753000003 Nippon Yusen K.K. Asia Japan 21/06/2017 Annual Against 4.1,4.2 Concerns about overall performance 1

1152997 JP3788600009 Hitachi Ltd. Asia Japan 21/06/2017 Annual All For 1

1151202 JP3893600001 Mitsui & Co. Asia Japan 21/06/2017 Annual Against 2.13 Concerns about overall board structure 1

1153696 JP3214350005 Kadokawa Dwango Corp. Asia Japan 22/06/2017 Annual All For 1

1158026 JP3399200009 Starts Corporation Asia Japan 22/06/2017 Annual Against 1.1 Concerns about overall board structure 1

1154714 JP3399400005 Stanley Electric Co. Ltd. Asia Japan 22/06/2017 Annual All For 1

1153377 JP3481400004 Daikyo Inc. Asia Japan 22/06/2017 Annual Against 3.7 Concerns about overall board structure 1

1152965 JP3549600009 Denka Co., Ltd. Asia Japan 22/06/2017 Annual Against 3.7,3.8 Concerns about overall board structure 1

1154209 JP3626800001 LIXIL Group Corporation Asia Japan 22/06/2017 Annual All For 1

1151811 JP3659000008 West Japan Railway Co. Asia Japan 22/06/2017 Annual All For 1

1152187 JP3705200008 Japan AirLines Co. Ltd. Asia Japan 22/06/2017 Annual All For 2

1153732 JP3733000008 NEC Corp. Asia Japan 22/06/2017 Annual All For 1

1153654 JP3816400000 Fuji Oil Holdings Inc. Asia Japan 22/06/2017 Annual All For 1

1153797 JP3827200001 Furukawa Electric Co. Ltd. Asia Japan 22/06/2017 Annual Against 2.4,2.6,3 Concerns about overall board structure 1

1153731 JP3900000005 Mitsubishi Heavy Industries, Ltd. Asia Japan 22/06/2017 Annual Against 3.6,4.3 Concerns about overall board structure 1

1152941 JP3942600002 Yamaha Corp. Asia Japan 22/06/2017 Annual All For 1

1153740 JP3166000004 Ebara Corp. Asia Japan 23/06/2017 Annual All For 1

1153639 JP3274400005 Glory Ltd. Asia Japan 23/06/2017 Annual All For 1

1156813 JP3303200004 Komatsu Wall Industry Co., Ltd. Asia Japan 23/06/2017 Annual All For 1

1155749 JP3330000005 Sangetsu Corp. Asia Japan 23/06/2017 Annual Against 3.2,3.3 Concerns about overall board structureLack of independent representation at board committees 1

1155799 JP3351100007 Sysmex Corp Asia Japan 23/06/2017 Annual All For 1

1155142 JP3379900008 NS Solutions Corp. Asia Japan 23/06/2017 Annual All For 1

1154824 JP3400400002 SCSK Corp. Asia Japan 23/06/2017 Annual All For 1

1154351 JP3409400003 Sumitomo Bakelite Co. Ltd. Asia Japan 23/06/2017 Annual Against 2.10 Concerns about overall board structure 1

1155152 JP3409800004 Sumitomo Forestry Co. Ltd. Asia Japan 23/06/2017 Annual All For 1

1154380 JP3500610005 Resona Holdings, Inc. Asia Japan 23/06/2017 Annual Against 13

5

SH: For shareholder resolution, against management recommendation / Shareholder proposal promotes

appropriate accountability or incentivisation



1

1153803 JP3592600005 Toshiba Machine Co. Ltd. Asia Japan 23/06/2017 Annual All For 1

1156803 JP3662200009 Nichiha Corp. Asia Japan 23/06/2017 Annual Against 2.9 Concerns about overall board structure 1

1154164 JP3678800008 Hitachi High-Technologies Corp. Asia Japan 23/06/2017 Annual Against 1.1,1.5,1.6,1.7 Concerns about overall board structure 1

1156178 JP3756200006 Nifco Inc. Asia Japan 23/06/2017 Annual All For 1

1152948 JP3783600004 East Japan Railway Co. Asia Japan 23/06/2017 Annual Against 3 Concerns about overall board structure 1

1156280 JP3786600001 Hitachi Capital Corp. Asia Japan 23/06/2017 Annual All For 1

1156289 JP3791200003 Hitachi Transport Systems Ltd. Asia Japan 23/06/2017 Annual Against 2.6 Lack of independent representation at board committees 1

1152980 JP3814800003 Subaru Corp Asia Japan 23/06/2017 Annual All For 1

1153795 JP3826270005 FUYO GENERAL LEASE CO LTD Asia Japan 23/06/2017 Annual Against 2.7,3.2,3.3 Concerns about overall board structure 1

1155836 JP3851400006 Hokkoku Bank Ltd. Asia Japan 23/06/2017 Annual Against 4.3,4.4,4.5,4.6

3.1

Concerns about overall board structureLack of independent representation at board committees

Concerns about overall performanceConcerns about overall board structure

1

1155839 JP3861200008 Maeda Corp. Asia Japan 23/06/2017 Annual Against 2.12 Concerns about overall board structure 1

1152174 JP3898400001 Mitsubishi Corp. Asia Japan 23/06/2017 Annual All For 2.11 1

1152530 JP3165000005 Sompo Holdings, Inc. Asia Japan 26/06/2017 Annual All For 1

1156402 JP3173500004 OBIC Business Consultants Co. Ltd. Asia Japan 26/06/2017 Annual Against 4

2.1,2.5,2.6,2.8

3



Insufficient/poor disclosure

1

1157594 JP3247400009 Kyoei Steel Ltd Asia Japan 26/06/2017 Annual Against 1.10,1.11,2

1.1,1.2


Concerns about overall performance

1

1154172 JP3528600004 Chiyoda Corp. Asia Japan 26/06/2017 Annual Against 2.9

2.1



1

1154168 JP3870400003 Marui Group Co. Ltd. Asia Japan 26/06/2017 Annual All For 1

1152507 JP3910660004 Tokio Marine Holdings, Inc. Asia Japan 26/06/2017 Annual Against 2.9 Concerns about overall board structure 1

1151804 JP3104890003 TIS Inc. Asia Japan 27/06/2017 Annual All For 1

1154777 JP3119600009 Ajinomoto Co. Inc. Asia Japan 27/06/2017 Annual All For 1

1156196 JP3161160001 Exedy Corp. Asia Japan 27/06/2017 Annual Against 2.8,2.10,3 Concerns about overall board structure 1

1156294 JP3200450009 Orix Corp. Asia Japan 27/06/2017 Annual All For 1

1156222 JP3249600002 Kyocera Corp. Asia Japan 27/06/2017 Annual All For 1

1155856 JP3262900008 Kintetsu World Express, Inc. Asia Japan 27/06/2017 Annual Against 3.7,4.2,4.3,5 Concerns about overall board structure 1

1156411 JP3263000006 Kinden Corp. Asia Japan 27/06/2017 Annual All For 1

1156691 JP3277150003 K's Holdings Corp. Asia Japan 27/06/2017 Annual All For 1

1154253 JP3294460005 Inpex Corporation Asia Japan 27/06/2017 Annual Against 2.11,2.12,2.14 Concerns about overall board structure 2.1 1

1154156 JP3402600005 Sumitomo Metal Mining Co. Ltd. Asia Japan 27/06/2017 Annual Against 4.2 Concerns about overall board structure 1

1156943 JP3407800006 Sumitomo Densetsu Co. Ltd. Asia Japan 27/06/2017 Annual Against 2,7

4.1,4.8,4.9

6




1

1156699 JP3431900004 Sohgo Security Services Co., Ltd. Asia Japan 27/06/2017 Annual Against 3.10,3.11,3.12,4 Concerns about overall board structure 1

1152971 JP3455200000 Takasago Thermal Engineering Asia Japan 27/06/2017 Annual All For 1

1155812 JP3548600000 Disco Co. Asia Japan 27/06/2017 Annual All For 1

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1153325 JP3621000003 Toray Industries Inc. Asia Japan 27/06/2017 Annual Against 2.2,2.3

2.1



1

1150815 JP3735400008 Nippon Telegraph & Telephone Corp. Asia Japan 27/06/2017 Annual All For 1

1156856 JP3786200000 Hitachi Metals Ltd. Asia Japan 27/06/2017 Annual Against 1.2 Concerns about overall board structure 1

1156781 JP3792600003 Hino Motors Ltd. Asia Japan 27/06/2017 Annual Against 2.1,2.9,2.10,4 Concerns about overall board structure 1

1156866 JP3820000002 Fuji Electric Co., Ltd. Asia Japan 27/06/2017 Annual Against 1.7 Concerns about overall board structure 1

1156365 JP3831600006 Bunka Shutter Co. Ltd. Asia Japan 27/06/2017 Annual Against 7 Poison pill/anti-takeover measure not in investors interests 1

1155279 JP3888300005 Mitsui Chemicals Inc. Asia Japan 27/06/2017 Annual All For 1

1154357 JP3897700005 Mitsubishi Chemical Holdings Corp. Asia Japan 27/06/2017 Annual All For 1

1155703 JP3921260000 METAWATER CO.,LTD. Asia Japan 27/06/2017 Annual All For 1

1157179 JP3122800000 Amada Holdings Co., Ltd. Asia Japan 28/06/2017 Annual All For 1

1155248 JP3152820001 Internet Initiative Japan Inc Asia Japan 28/06/2017 Annual Against 3.7,3.8,3.9 Concerns about overall board structure 1

1157188 JP3184600009 Osaka Steel Co., Ltd. Asia Japan 28/06/2017 Annual Against 1.4

1.1



1

1158141 JP3288970001 Konoike Transport Co., Ltd. Asia Japan 28/06/2017 Annual All For 1

1156841 JP3344400001 Sanwa Holdings Corp. Asia Japan 28/06/2017 Annual All For 1

1157166 JP3372800007 Sinko Industries Ltd. Asia Japan 28/06/2017 Annual Against 4 Insufficient/poor disclosure 1

1152986 JP3386450005 JXTG Holdings Inc. Asia Japan 28/06/2017 Annual All For 1

1155155 JP3407400005 Sumitomo Electric Industries Ltd. Asia Japan 28/06/2017 Annual Against 3.2 Concerns about overall board structure 1

1155320 JP3415400005 Seino Holdings Co Ltd Asia Japan 28/06/2017 Annual Against 2.1

4

5



Poison pill/anti-takeover measure not in investors interests

1

1154751 JP3419400001 Sekisui Chemical Co. Ltd. Asia Japan 28/06/2017 Annual All For 1

1155674 JP3462200001 C I Takiron Corp. Asia Japan 28/06/2017 Annual Against 2.1 Concerns about overall board structure 1

1156355 JP3511800009 Chiba Bank Ltd. Asia Japan 28/06/2017 Annual All For 1

1153810 JP3539220008 T&D HOLDINGS INC. Asia Japan 28/06/2017 Annual All For 1

1152176 JP3551200003 Electric Power Development Co. (J-Power) Asia Japan 28/06/2017 Annual Against 2.13 Concerns about overall board structure 1

1154182 JP3579800008 Tokyo Steel Mfg. Co. Ltd. Asia Japan 28/06/2017 Annual All For 1

1153733 JP3743000006 NH Foods Ltd. Asia Japan 28/06/2017 Annual All For 1

1157659 JP3754200008 Nihon Unisys Ltd. Asia Japan 28/06/2017 Annual All For 1

1155223 JP3868400007 Mazda Motor Corp. Asia Japan 28/06/2017 Annual Against 3.2 Concerns about overall board structure 1

1154756 JP3947800003 Megmilk Snow Brand Co., Ltd. Asia Japan 28/06/2017 Annual All For 1

1155616 JP3197600004 Ono Pharmaceutical Co. Ltd. Asia Japan 29/06/2017 Annual All For 1

1154753 JP3215800008 Kaneka Corp. Asia Japan 29/06/2017 Annual Against 1.10 Concerns about overall board structure 1

1159508 JP3258800006 Kinki Sharyo Co. Ltd. Asia Japan 29/06/2017 Annual Against 1.12

1.1

1.13




1

1155220 JP3266800006 Kumagai Gumi Co., Ltd. Asia Japan 29/06/2017 Annual All For 1

1158946 JP3274150006 Ship Healthcare Holdings Inc Asia Japan 29/06/2017 Annual Against 3.11,4.2,4.3 Concerns about overall board structure 1

1154339 JP3284600008 Koito Manufacturing Co. Ltd. Asia Japan 29/06/2017 Annual Against 5

2.13,2.14



1

1155217 JP3357200009 Shimadzu Corp. Asia Japan 29/06/2017 Annual All For 1

1156253 JP3371200001 Shin-Etsu Chemical Co. Ltd. Asia Japan 29/06/2017 Annual Against 3.6,3.7,4 Concerns about overall board structure 1

1154785 JP3377800002 Shindengen Electric Mfg. Co. Ltd. Asia Japan 29/06/2017 Annual Against 4.5,5 Concerns about overall board structure 1

1157721 JP3409000001 Sumitomo Realty & Development Co. Ltd. Asia Japan 29/06/2017 Annual Against 2.11,2.12 Concerns about overall board structure 1

1158014 JP3412000006 Zuken Inc. Asia Japan 29/06/2017 Annual All For 1

1156191 JP3420200002 Sekisui Jushi Corp. Asia Japan 29/06/2017 Annual Against 2.3 Concerns about overall board structure 1

1157183 JP3436120004 SBI Holdings Asia Japan 29/06/2017 Annual Against 1.16,2 Concerns about overall board structure 1

1154787 JP3449020001 Taiheiyo Cement Corp. Asia Japan 29/06/2017 Annual Against 3.13 Concerns about overall board structure 1

1155138 JP3459600007 Takara Holdings Inc. Asia Japan 29/06/2017 Annual Against 3.1,3.3 Concerns about overall board structure 1

1157658 JP3460000007 Takara Standard Co. Ltd. Asia Japan 29/06/2017 Annual All For 1

1157331 JP3499800005 Mitsubishi UFJ Lease & Finance Co. Asia Japan 29/06/2017 Annual Against 2.14,2.15,3.2

2.12

2.13


Concerns related to attendance at board or committee meetings

Concerns related to attendance at board or committee meetingsConcerns about overall board structure

1

1156906 JP3505000004 Daiwa House Industry Co. Ltd. Asia Japan 29/06/2017 Annual Against 4

2.1,3.2



1

1154669 JP3538800008 TDK Corp. Asia Japan 29/06/2017 Annual All For 1

1158048 JP3542400001 TPR Co., Ltd. Asia Japan 29/06/2017 Annual Against 2.9

4



1

1155767 JP3660400007 Nichias Corp. Asia Japan 29/06/2017 Annual All For 1

1157733 JP3661800007 Nichicon Corp. Asia Japan 29/06/2017 Annual Against 2.7

2.1,2.2



1

1154160 JP3667600005 JGC Corp. Asia Japan 29/06/2017 Annual All For 1

1156863 JP3695200000 NGK Insulators Ltd. Asia Japan 29/06/2017 Annual All For 1

1154754 JP3721600009 Nippon Paper Industries Co., Ltd. Asia Japan 29/06/2017 Annual Against 2.1,2.2 Concerns about overall performance 1

1157600 JP3725400000 Zeon Corp. Asia Japan 29/06/2017 Annual Against 2.12

4



1

1157777 JP3729400006 Nippon Express Co. Ltd. Asia Japan 29/06/2017 Annual Against 5 Concerns about overall board structure 1

1156802 JP3756600007 Nintendo Co. Ltd. Asia Japan 29/06/2017 Annual All For 1

1153386 JP3767810009 Hazama Ando Corp. Asia Japan 29/06/2017 Annual Against 2.9 Concerns about overall board structure 1

1155165 JP3768600003 Haseko Corp. Asia Japan 29/06/2017 Annual All For 1

1158771 JP3806000000 Fukuda Denshi (Electronics) Asia Japan 29/06/2017 Annual Against 1.5

1.1


Poison pill/anti-takeover measure not in investors interestsConcerns about overall board structure

1

1159240 JP3814000000 FUJIFILM Holdings Corp. Asia Japan 29/06/2017 Annual All For 1

1155241 JP3826900007 UACJ Corp. Asia Japan 29/06/2017 Annual All For 1

1154333 JP3833600004 Press Kogyo Co. Ltd. Asia Japan 29/06/2017 Annual All For 1

1155850 JP3866800000 Panasonic Corp Asia Japan 29/06/2017 Annual Against 2.6,2.7 Concerns about overall board structure 1

1156710 JP3890350006 Sumitomo Mitsui Financial Group, Inc. Asia Japan 29/06/2017 Annual All For 1

1154373 JP3893200000 Mitsui Fudosan Co. Ltd. Asia Japan 29/06/2017 Annual All For 1

1155136 JP3899600005 Mitsubishi Estate Co Ltd Asia Japan 29/06/2017 Annual All For 1

1153699 JP3902400005 Mitsubishi Electric Corp. Asia Japan 29/06/2017 Annual Against 1.11 Lack of independent representation at board committees 1

1155204 JP3902900004 Mitsubishi UFJ Financial Group Asia Japan 29/06/2017 Annual Against 2.6

3



transparency

1

1155797 JP3906000009 Minebea Mitsumi Inc. Asia Japan 29/06/2017 Annual Against 2.12

4



1

1154269 JP3914400001 Murata Manufacturing Co. Ltd. Asia Japan 29/06/2017 Annual All For 1

1155746 JP3918000005 Meiji Holdings Co Ltd Asia Japan 29/06/2017 Annual All For 1

1153727 JP3939000000 Yamada Denki Co. Asia Japan 29/06/2017 Annual All For 1

1155771 JP3940400009 Yamato Kogyo Co. Ltd. Asia Japan 29/06/2017 Annual Against 3

2.1

Apparent failure to link pay and appropriate performanceInsufficient/poor disclosure


1

1157304 JP3965800000 Raito Kogyo Co. Ltd. Asia Japan 29/06/2017 Annual All For 1

1154711 JP3982800009 Rohm Co. Ltd. Asia Japan 29/06/2017 Annual Against 2.1 Concerns about overall performance 1

1113427 SG9999003735 XP Power Ltd Asia Singapore 19/04/2017 Annual Against 13,14,15 Apparent failure to link pay & appropriate performance 1

1139141 BMG169621056 Bunge Limited Emerging Markets Bermuda 25/05/2017 Annual All For 1

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1112970 AN8068571086 Schlumberger Limited Emerging Markets Curacao 05/04/2017 Annual All For 1

1141869 IL0010824113 Check Point Software Technologies Ltd. Emerging Markets Israel 07/06/2017 Annual Against A

4

Administrative declaration

Apparent failure to link pay & appropriate performance

2

1141499 LR0008862868 Royal Caribbean Cruises Ltd. Emerging Markets Liberia 22/05/2017 Annual All For 1

1101020 AT0000652011 Erste Group Bank AG Europe Austria 17/05/2017 Annual Against 6

10

Concerns related to Non-audit fees 2- Insufficient basis to support a decision


1

1100015 BE0003565737 KBC Groep NV Europe Belgium 04/05/2017 Annual Against 6

9a,9b,9c,9d,9e


Lack of independence on board

1

1105444 DK0010268606 Vestas Wind System A/S Europe Denmark 06/04/2017 Annual All For 1

1110574 FI0009003305 Sampo Oyj Europe Finland 27/04/2017 Annual All For 1

1115514 FR0000120321 L Oreal Europe France 20/04/2017 Annual/Special Against 8 Apparent failure to link pay & appropriate performance 2- Insufficient/poor disclosure 1

1116436 FR0000125486 Vinci Europe France 20/04/2017 Annual/Special All For 1

1116410 FR0000121972 Schneider Electric SE Europe France 25/04/2017 Annual/Special Against 10,11,13,14 Concerns about overall board structure 1

1115436 FR0000120628 Axa Europe France 26/04/2017 Annual/Special Against 29 Apparent failure to link pay and appropriate performance 1

1129965 FR0000121667 Essilor International Europe France 11/05/2017 Annual/Special Against 11,12

4


Concerns related to inappropriate service contract(s)

1

1120563 FR0004125920 Amundi Europe France 18/05/2017 Annual/Special Against 6,23

4

9,12,13




1

1127735 FR0000130650 Dassault Systemes Europe France 23/05/2017 Annual/Special Against 7

11

15,17,18,19,20

21

Apparent failure to link pay and appropriate performanceConcerns related to inappropriate service contract



Poison pill/anti-takeover measure not in investors interestsIssue of equity raises concerns about excessive

dilution of existing shareholders

1

1116974 FR0000131104 BNP Paribas SA Europe France 23/05/2017 Annual/Special All For 1

1117631 FR0000051732 Atos SE Europe France 24/05/2017 Annual/Special Against 13,17

11


Concerns related to inappropriate service contract(s)

1

1116420 FR0000120271 Total SA Europe France 26/05/2017 Annual/Special All For 1

1120554 FR0010307819 Legrand Europe France 31/05/2017 Annual/Special All For 1

1130061 FR0000133308 Orange Europe France 01/06/2017 Annual/Special Against 29

7,8,9,10,11,12,13,14

17,19,21,22,24,26,28




1

1118963 FR0000051807 Teleperformance SE Europe France 23/06/2017 Annual/Special Against 5,6,7,8 Apparent failure to link pay and appropriate performance 1

1121163 DE0005439004 Continental AG Europe Germany 28/04/2017 Annual Against 6 Insufficient/poor disclosure 1

1120649 DE0008404005 Allianz SE Europe Germany 03/05/2017 Annual All For 2

1120661 DE0007164600 SAP SE Europe Germany 10/05/2017 Annual Against 4 Apparent failure to link pay & appropriate performance 1

1121147 DE0005785802 Fresenius Medical Care AG & Co. KGAA Europe Germany 11/05/2017 Annual All For 1

1120657 DE000BASF111 BASF SE Europe Germany 12/05/2017 Annual All For 1

1121173 DE000EVNK013 Evonik Industries AG Europe Germany 23/05/2017 Annual All For 1

1120663 DE0005557508 Deutsche Telekom AG Europe Germany 31/05/2017 Annual Against 6 Issue of capital raises concerns about excessive dilution of existing shareholders 1

1121261 DE000A1DAHH0 Brenntag AG Europe Germany 08/06/2017 Annual All For 1

1118008 IE0001827041 CRH plc Europe Ireland 27/04/2017 Annual Against 3 Apparent failure to link pay & appropriate performance 3

1120436 IE0004927939 Kingspan Group plc Europe Ireland 27/04/2017 Annual Against 13 Apparent failure to link pay and appropriate performance 1

1125222 IE00BY9D5467 Allergan plc Europe Ireland 04/05/2017 Annual All For 1

1132378 IE00B1RR8406 Smurfit Kappa Group plc Europe Ireland 05/05/2017 Annual All For 1

1134922 IE0002325243 IFG Group plc Europe Ireland 09/05/2017 Annual Against 3 Overboarded/Too many other time commitments 1

1143957 IE00B66B5T26 Providence Resources Plc Europe Ireland 24/05/2017 Annual All For 1

1146436 IE00BXC8D038 Applegreen Plc Europe Ireland 29/05/2017 Annual Against 3(b) Overboarded/Too many other time commitments 1

1109667 IT0004176001 Prysmian S.p.A. Europe Italy 12/04/2017 Annual/Special All For 1

1100217 IT0004965148 Moncler SpA Europe Italy 20/04/2017 Annual Against

No Action Taken

4.1.1

5

4.1.2

Concerns to protect shareholder value

Cumulative/slate voting in favour of individual candidates/slates

1

1124134 IT0005252207 Davide Campari-Milano S.p.A. Europe Italy 28/04/2017 Annual/Special Against 4

5


Issue of equity raises concerns about excessive dilution of existing shareholdersConcerns to protect

shareholder value

1

1111556 NL0000235190 Airbus SE Europe Netherlands 12/04/2017 Annual All For 1

1088055 NL0011794037 Koninklijke Ahold Delhaize NV Europe Netherlands 12/04/2017 Annual All For 1

1114926 NL0006144495 RELX NV Europe Netherlands 19/04/2017 Annual All For 1

1108218 NL0000009132 Akzo Nobel NV Europe Netherlands 25/04/2017 Annual All For 1

1112877 NL0000009355 Unilever NV Europe Netherlands 26/04/2017 Annual All For 1

1108444 NL0010273215 ASML Holding NV Europe Netherlands 26/04/2017 Annual All For 9 1

1108660 NL0011821202 ING Groep NV Europe Netherlands 08/05/2017 Annual All For 1

1110561 NO0010031479 DNB ASA Europe Norway 25/04/2017 Annual All For 1

1105978 PTGAL0AM0009 Galp Energia, SGPS S.A. Europe Portugal 12/05/2017 Annual Against 8

2



1

1127367 ES0105066007 Cellnex Telecom S.A. Europe Spain 26/04/2017 Annual All For 1

1141673 ES0171996087 Grifols SA Europe Spain 25/05/2017 Annual Against 8

7

9



Concerns about reducing shareholder rights

1

1149234 ES0109067019 Amadeus IT Group SA Europe Spain 14/06/2017 Annual All For 1

1148065 ES0177542018 International Consolidated Airlines Group SA Europe Spain 14/06/2017 Annual All For 1

1110565 SE0006886750 Atlas Copco AB Europe Sweden 26/04/2017 Annual Against 12b

10b

10




1

1110576 SE0007100581 Assa Abloy AB Europe Sweden 26/04/2017 Annual Against 12

16



1

1110841 SE0000103699 Hexagon AB Europe Sweden 02/05/2017 Annual Against 12 Lack of independence on board 1

1106175 CH0038863350 Nestle SA Europe Switzerland 06/04/2017 Annual All For 1

1106405 CH0000587979 Sika AG Europe Switzerland 11/04/2017 Annual Against 4.3.2

3.1.1,3.1.4,3.1.8

4.1.4,4.1.8

4.1.2

Concerns related to inappropriate membership of committees


Fund manager or client vote


1

1112916 CA8672241079 Suncor Energy Inc. North America Canada 27/04/2017 Annual All For 1

1114155 CA0084741085 Agnico Eagle Mines Limited North America Canada 28/04/2017 Annual All For 1

1122229 US0640581007 The Bank of New York Mellon Corporation North America USA 11/04/2017 Annual All For 1

1119201 US00724F1012 Adobe Systems Incorporated North America USA 12/04/2017 Annual All For 1

1121518 US4461501045 Huntington Bancshares Incorporated North America USA 20/04/2017 Annual All For 1

1120667 US8545021011 Stanley Black & Decker, Inc. North America USA 20/04/2017 Annual All For 1

1112797 US0605051046 Bank of America Corporation North America USA 26/04/2017 Annual Against 7 SH: For shareholder resolution, against management recommendation / Shareholder proposal promotes


1

1120823 US3696041033 General Electric Company North America USA 26/04/2017 Annual All For 1

1124153 US3848021040 W.W. Grainger, Inc. North America USA 26/04/2017 Annual All For 1

1122550 US78409V1044 S&P Global Inc. North America USA 26/04/2017 Annual All For 1

1121487 US0572241075 Baker Hughes Incorporated North America USA 27/04/2017 Annual All For 1

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1120392 US1746101054 Citizens Financial Group, Inc. North America USA 27/04/2017 Annual All For 2

1124731 US26875P1012 EOG Resources, Inc. North America USA 27/04/2017 Annual All For 2

1123715 US4781601046 Johnson & Johnson North America USA 27/04/2017 Annual Against 6 SH: For shareholder resolution, no management recommendation / Shareholder proposal promotes


1

1121540 US78486Q1013 SVB Financial Group North America USA 27/04/2017 Annual All For 1

1122261 US00206R1023 AT&T Inc. North America USA 28/04/2017 Annual Against 3

6

7



better management of ESG opportunities and risks


enhanced shareholder rights

1

1125302 US38141G1040 The Goldman Sachs Group, Inc. North America USA 28/04/2017 Annual All For 1

1125537 US5324571083 Eli Lilly and Company North America USA 01/05/2017 Annual Against 1a

6


Shareholder proposal promotes transparency

1

1127231 US1101221083 Bristol-Myers Squibb Company North America USA 02/05/2017 Annual Against 7 Shareholder proposal promotes enhanced shareholder rights 1

1127282 US3695501086 General Dynamics Corporation North America USA 03/05/2017 Annual All For 1

1125520 US8636671013 Stryker Corporation North America USA 03/05/2017 Annual All For 1

1127176 US26441C2044 Duke Energy Corporation North America USA 04/05/2017 Annual Against 7,8

6




transparency

1

1125508 US5463471053 Louisiana-Pacific Corporation North America USA 05/05/2017 Annual All For 1

1123467 US0846707026 Berkshire Hathaway Inc. North America USA 06/05/2017 Annual Against 3

1.11

4

5

Annual vote provides for greater shareholder oversight






1

1128528 US0528001094 Autoliv, Inc. North America USA 09/05/2017 Annual All For 1

1129716 US33616C1009 First Republic Bank North America USA 09/05/2017 Annual Against 3

7



1

1131383 US6512291062 NEWELL BRANDS INC. North America USA 09/05/2017 Annual All For 2

1126055 US7443201022 Prudential Financial, Inc. North America USA 09/05/2017 Annual All For 1

1132102 US0153511094 Alexion Pharmaceuticals, Inc. North America USA 10/05/2017 Annual All For 1

1130655 US6311031081 Nasdaq, Inc. North America USA 10/05/2017 Annual All For 2

1132366 US2605431038 The Dow Chemical Company North America USA 11/05/2017 Annual All For 1

1131366 US28176E1082 Edwards Lifesciences Corporation North America USA 11/05/2017 Annual All For 1

1132284 US8807791038 Terex Corporation North America USA 11/05/2017 Annual Against 4 Apparent failure to link pay and appropriate performance 1

1130635 US9078181081 Union Pacific Corporation North America USA 11/05/2017 Annual Against 3

5


SH: For shareholder resolution, no management recommendation / Shareholder proposal promotes enhanced

shareholder rights

2

1131462 US0126531013 Albemarle Corporation North America USA 12/05/2017 Annual All For 1

1135144 US46625H1005 JPMorgan Chase & Co. North America USA 16/05/2017 Annual Against 2

5

10

9








1

1135572 US00751Y1064 Advance Auto Parts, Inc. North America USA 17/05/2017 Annual All For 2

1134739 US20605P1012 Concho Resources Inc. North America USA 17/05/2017 Annual All For 1

1134344 US4571871023 Ingredion Incorporated North America USA 17/05/2017 Annual All For 1

1135152 US60871R2094 Molson Coors Brewing Company North America USA 17/05/2017 Annual All For 1

1135852 US6370711011 National Oilwell Varco, Inc. North America USA 17/05/2017 Annual All For 1

1132253 US6668071029 Northrop Grumman Corporation North America USA 17/05/2017 Annual All For 1

1135547 US02209S1033 Altria Group, Inc. North America USA 18/05/2017 Annual Against 3 Apparent failure to link pay and appropriate performance 1

1133728 US22822V1017 Crown Castle International Corp. North America USA 18/05/2017 Annual Against 4 Shareholder proposal promotes enhanced shareholder rights 1

1133725 US4370761029 The Home Depot, Inc. North America USA 18/05/2017 Annual Against 7

5

Shareholder proposal promotes enhanced shareholder rights


1

1130745 US4932671088 KeyCorp North America USA 18/05/2017 Annual Against 5 Shareholder proposal promotes appropriate accountability or incentivisation 1

1132342 US5717481023 Marsh & McLennan Companies, Inc. North America USA 18/05/2017 Annual Against 2 Apparent failure to link pay & appropriate performance 1

1139908 US5732841060 Martin Marietta Materials, Inc. North America USA 18/05/2017 Annual Against 5 Shareholder proposal promotes enhanced shareholder rights 1

1129136 US65339F1012 NextEra Energy, Inc. North America USA 18/05/2017 Annual Against 6 Shareholder proposal promotes transparency 1

1132109 US89417E1091 The Travelers Companies, Inc. North America USA 18/05/2017 Annual Against 4

8

6


SH: For shareholder resolution, no management recommendation / Shareholder proposal promotes

transparency


transparency

1

1135814 US00817Y1082 Aetna Inc. North America USA 19/05/2017 Annual Against 6A SH: For shareholder resolution, against management recommendation / Shareholder proposal promotes


1

1135504 US0311621009 Amgen Inc. North America USA 19/05/2017 Annual Against 3 Apparent failure to link pay & appropriate performance 1

1128187 US7081601061 J. C. Penney Company, Inc. North America USA 19/05/2017 Annual All For 1

1138455 US0231351067 Amazon.com, Inc. North America USA 23/05/2017 Annual Against 4 Apparent failure to link pay & appropriate performance 1

1137151 US58933Y1055 Merck & Co., Inc. North America USA 23/05/2017 Annual Against 5

7

Shareholder proposal promotes appropriate accountability or incentivisation


1

1135809 US67066G1040 NVIDIA Corporation North America USA 23/05/2017 Annual All For 1

1135078 US21870Q1058 CoreSite Realty Corporation North America USA 24/05/2017 Annual All For 1

1138290 US64157F1030 Nevro Corp. North America USA 25/05/2017 Annual Against 3

1.1



1

1140302 US69331C1080 PG&E Corporation North America USA 30/05/2017 Annual Against 3 Apparent failure to link pay and appropriate performance 1

1141346 US2521311074 DexCom, Inc. North America USA 31/05/2017 Annual Against 3 Apparent failure to link pay and appropriate performance 1

1139482 US30231G1022 Exxon Mobil Corporation North America USA 31/05/2017 Annual Against 5

10,12,13

7

6









1

1142312 US00507V1098 Activision Blizzard, Inc. North America USA 01/06/2017 Annual Against 2 Apparent failure to link pay and appropriate performance 1

1139329 US30303M1027 Facebook, Inc. North America USA 01/06/2017 Annual Against 1.4

7

6

3

4


Policy Rationale:Shareholder proposal promotes appropriate accountability or incentivisation



Shareholder proposal promotes efficient capital structure


1

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1140928 US90384S3031 Ulta Beauty, Inc. North America USA 01/06/2017 Annual Against 3 Apparent failure to link pay and appropriate performance 1

1140395 US7018771029 Parsley Energy, Inc. North America USA 02/06/2017 Annual All For 1

1143078 US52603A1097 LendingClub Corporation North America USA 06/06/2017 Annual Against 2

1.2



1

1143154 US64110L1061 Netflix, Inc. North America USA 06/06/2017 Annual Against 3

1.2

8

7

6

9,10

5





SH: For shareholder resolution, no management recommendation / Shareholder proposal promotes better

management of ESG opportunities and risks




shareholder rights


shareholder rights

2

1142343 US0185811082 Alliance Data Systems Corporation North America USA 07/06/2017 Annual All For 1

1146451 US02079K3059 Alphabet Inc. North America USA 07/06/2017 Annual Against 5

4

1.7,1.8,1.10,1.11

1.4

3

8,9

7

6





Issue of capital raises concerns about excessive dilution of existing shareholders







1

1144346 US09062X1037 Biogen Inc. North America USA 07/06/2017 Annual All For 1

1146514 US20030N1019 Comcast Corporation North America USA 08/06/2017 Annual Against 6

5

Shareholder proposal promotes efficient capital structure


1

1145614 US8725901040 T-Mobile US, Inc. North America USA 13/06/2017 Annual Against 4

1.11

1.2,1.7

6,7

5






1

1145426 US1510201049 Celgene Corporation North America USA 14/06/2017 Annual Against 3,4

1.5,1.7,1.9,1.11



2

1146475 US61174X1090 Monster Beverage Corporation North America USA 19/06/2017 Annual Against 4

7

6





1

1145933 US49803L1098 Kite Pharma, Inc. North America USA 20/06/2017 Annual Against 4

3



1

1149611 US5010441013 The Kroger Co. North America USA 22/06/2017 Annual Against 2

8

5,6,7






1

1155238 US0572241075 Baker Hughes Incorporated North America USA 30/06/2017 Special Against 4

3


Apparent failure to link pay and appropriate performanceConcerns related to inappropriate service contracts

1

1134597 GB0034264548 Paysafe Group Plc United Kingdom Isle of Man 09/05/2017 Annual Against 2 Apparent failure to link pay and appropriate performance 1

1124520 JE00B2419D89 Breedon Group plc United Kingdom Jersey 25/04/2017 Annual All For 1

1132539 JE00B2QKY057 Shire plc United Kingdom Jersey 25/04/2017 Annual Against 2

4,8


Overboarded/Too many other time commitments

3

1123584 JE00B5SJJD95 Cape plc United Kingdom Jersey 10/05/2017 Annual All For 1

1127040 JE00BGP63272 Safestyle UK plc United Kingdom Jersey 18/05/2017 Annual All For 1

1135255 JE00BVRZ8S85 Sanne Group plc United Kingdom Jersey 18/05/2017 Annual Against 2 Apparent failure to link pay & appropriate performance 2

1115845 JE00B4T3BW64 Glencore Plc United Kingdom Jersey 24/05/2017 Annual Against 3,8 Concerns about overall board structure 1

1145611 JE00B8KF9B49 WPP plc United Kingdom Jersey 07/06/2017 Annual Against 3 Apparent failure to link pay & appropriate performance 1

1118020 JE00B3DG9318 Tarsus Group plc United Kingdom Jersey 21/06/2017 Annual Against 2

8



1

1124532 GB0001500809 Tullow Oil plc United Kingdom United Kingdom 05/04/2017 Special All For 1

1116835 GB0031215220 Carnival plc United Kingdom United Kingdom 05/04/2017 Annual Against 11,13,14 Apparent failure to link pay & appropriate performance 2

1119368 GB0009223206 Smith & Nephew plc United Kingdom United Kingdom 06/04/2017 Annual All For 1

1111131 GB0006963689 Porvair plc United Kingdom United Kingdom 11/04/2017 Annual Against 2 Apparent failure to link pay & appropriate performance 1

1111623 GB0005363014 Low & Bonar plc United Kingdom United Kingdom 12/04/2017 Annual All For 1

1112512 GB0007188757 Rio Tinto plc United Kingdom United Kingdom 12/04/2017 Annual Against 2,3

7



2

1116815 GB00B0744B38 Bunzl plc United Kingdom United Kingdom 19/04/2017 Annual Against 13

5



1

1130342 GB00B28ZPV64 Sportech PLC United Kingdom United Kingdom 19/04/2017 Special All For 1

1116819 GB0033057794 Dialight plc United Kingdom United Kingdom 20/04/2017 Annual All For 1

1114234 GB00B0744359 Essentra plc United Kingdom United Kingdom 20/04/2017 Annual Against 2 Apparent failure to link pay and appropriate performance 1

1120040 GB00B2B0DG97 RELX PLC United Kingdom United Kingdom 20/04/2017 Annual All For 2

1114872 GB00B1XZS820 Anglo American plc United Kingdom United Kingdom 24/04/2017 Annual Against 15 Apparent failure to link pay & appropriate performance 1

1120622 GB00BVVHWX30 Microgen plc United Kingdom United Kingdom 24/04/2017 Annual Against 3 Apparent failure to link pay and appropriate performance 1

1114693 GB0004065016 Hammerson plc United Kingdom United Kingdom 25/04/2017 Annual All For 1

1127349 GB00B3CX3644 STV Group plc United Kingdom United Kingdom 25/04/2017 Annual Against 9 Concerns related to Non-audit fees 1

1112505 GB0001500809 Tullow Oil plc United Kingdom United Kingdom 26/04/2017 Annual All For 1

1096482 GB0002875804 British American Tobacco plc United Kingdom United Kingdom 26/04/2017 Annual All For 2

1125868 GB00B0SWJX34 London Stock Exchange Group plc United Kingdom United Kingdom 26/04/2017 Annual All For 3,4 2

1120635 GB00BF044593 CLS Holdings plc United Kingdom United Kingdom 26/04/2017 Annual Against 2,3,5,20

7,10,12,15,16



1

1132582 GB0000946276 Consort Medical plc United Kingdom United Kingdom 27/04/2017 Special All For 3

1122362 GB0002405495 Schroders plc United Kingdom United Kingdom 27/04/2017 Annual Against 4

3



1

1129218 GB0009376368 SDL plc United Kingdom United Kingdom 27/04/2017 Annual Against 2 Apparent failure to link pay & appropriate performance 2

1115346 GB0009465807 The Weir Group PLC United Kingdom United Kingdom 27/04/2017 Annual All For 1

1101030 GB0009895292 AstraZeneca plc United Kingdom United Kingdom 27/04/2017 Annual Against 6 Apparent failure to link pay & appropriate performance 2

1118055 GB00B10RZP78 Unilever PLC United Kingdom United Kingdom 27/04/2017 Annual All For 2

1120071 GB00BK1PTB77 Aggreko plc United Kingdom United Kingdom 27/04/2017 Annual Against 3

12



2

1120603 GB00BKX5CN86 JUST EAT plc United Kingdom United Kingdom 27/04/2017 Annual All For 1

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1120642 GB00BLWDVP51 FDM Group (Holdings) PLC United Kingdom United Kingdom 27/04/2017 Annual All For 4

1115447 GB0005405286 HSBC Holdings plc United Kingdom United Kingdom 28/04/2017 Annual All For 2

1126253 GB0009123323 Ultra Electronics Holdings plc United Kingdom United Kingdom 28/04/2017 Annual All For 1

1117520 GB00B1VNST91 Laird PLC United Kingdom United Kingdom 28/04/2017 Annual All For 1

1120972 GB0007594764 RPS Group plc United Kingdom United Kingdom 02/05/2017 Annual Against 4 Overboarded/Too many other time commitments 1

1112058 GB00B01C3S32 Randgold Resources Ltd United Kingdom United Kingdom 02/05/2017 Annual Against 4 Apparent failure to link pay & appropriate performance 1

1116395 GB0004082847 Standard Chartered PLC United Kingdom United Kingdom 03/05/2017 Annual All For 1

1127029 GB00B6TKHP66 Secure Trust Bank Plc United Kingdom United Kingdom 03/05/2017 Annual Against 10

8

3,4


Concerns related to Non-audit fees


1

1119366 GB0003395000 James Fisher & Sons plc United Kingdom United Kingdom 04/05/2017 Annual Against 2 Apparent failure to link pay and appropriate performance 1

1120011 GB0004762810 Johnson Service Group plc United Kingdom United Kingdom 04/05/2017 Annual Against 2

9

10

Apparent failure to link pay & appropriate performance 2- Insufficient/poor disclosure

Concerns regarding Auditor tenure

Concerns related to Non-audit fees

1

1132371 GB0007669376 St. James's Place plc United Kingdom United Kingdom 04/05/2017 Annual All For 1

1131018 GB0009252882 GlaxoSmithKline plc United Kingdom United Kingdom 04/05/2017 Annual Against 2,3 Apparent failure to link pay & appropriate performance 2

1127499 GB0030646508 GKN plc United Kingdom United Kingdom 04/05/2017 Annual All For 1

1129375 GB00B0ZSH635 Ladbrokes Coral Group plc United Kingdom United Kingdom 04/05/2017 Annual All For 1

1131687 GB00B12RQD06 H&T Group Plc United Kingdom United Kingdom 04/05/2017 Annual All For 1

1113000 GB00B24CGK77 Reckitt Benckiser Group plc United Kingdom United Kingdom 04/05/2017 Annual Against 2

4,8



2

1127664 GB00BGLP8L22 IMI plc United Kingdom United Kingdom 04/05/2017 Annual All For 1

1127849 GB0006776081 Pearson plc United Kingdom United Kingdom 05/05/2017 Annual Against 14 Apparent failure to link pay and appropriate performance 1

1115352 GB00B62G9D36 Capital & Counties Properties PLC United Kingdom United Kingdom 05/05/2017 Annual Against 15,16,22 Apparent failure to link pay and appropriate performance 1

1120445 GB00BD8QVH41 InterContinental Hotels Group plc United Kingdom United Kingdom 05/05/2017 Annual All For 1

1134002 GB0006640972 4imprint Group plc United Kingdom United Kingdom 09/05/2017 Annual All For 2

1120015 GB0034291418 Centaur Media plc United Kingdom United Kingdom 09/05/2017 Annual All For 1

1116346 GB00B2987V85 Rightmove plc United Kingdom United Kingdom 09/05/2017 Annual All For 1

1121145 GB00BWFGQN14 Spirax-Sarco Engineering plc United Kingdom United Kingdom 09/05/2017 Annual All For 1

1126793 GB0002162385 Aviva plc United Kingdom United Kingdom 10/05/2017 Annual All For 6 3

1080850 GB0002634946 BAE Systems plc United Kingdom United Kingdom 10/05/2017 Annual Abstain 2,3,4,5,6,7,8,9,10,11,12,13,

14,15,16,17,18,19,20,21,22

1



1

1129503 GB0004126057 Ebiquity plc United Kingdom United Kingdom 10/05/2017 Annual Against 2 Apparent failure to link pay & appropriate performance 1

1115890 GB0031348658 Barclays plc United Kingdom United Kingdom 10/05/2017 Annual Abstain

Against

15

6



2

1124158 GB0033986497 ITV plc United Kingdom United Kingdom 10/05/2017 Annual All For 2

1121148 GB00B012BV22 Marshalls plc United Kingdom United Kingdom 10/05/2017 Annual All For 1

1115820 GB00B082RF11 Rentokil Initial plc United Kingdom United Kingdom 10/05/2017 Annual Against 2 Apparent failure to link pay and appropriate performance 1

1121127 GB00B40SF849 Novae Group Plc United Kingdom United Kingdom 10/05/2017 Annual All For 1

1120014 GB00BYYK2V80 Worldpay Group plc United Kingdom United Kingdom 10/05/2017 Annual All For 1

1120629 GB0004270301 Hill & Smith Holdings PLC United Kingdom United Kingdom 11/05/2017 Annual Against 3

5



2

1116820 GB0004866223 Keller Group plc United Kingdom United Kingdom 11/05/2017 Annual Against 2,3 Apparent failure to link pay and appropriate performance 1

1135219 GB0006683238 Communisis plc United Kingdom United Kingdom 11/05/2017 Annual All For 1

1123416 GB0008706128 Lloyds Banking Group plc United Kingdom United Kingdom 11/05/2017 Annual All For 2

1123128 GB00B1H0DZ51 TP ICAP plc United Kingdom United Kingdom 11/05/2017 Annual Against 3,15 Apparent failure to link pay & appropriate performance 2

1135303 GB00B7T77214 Royal Bank of Scotland Group plc United Kingdom United Kingdom 11/05/2017 Annual All For 1

1120605 GB00BVC3CB83 John Laing Group plc United Kingdom United Kingdom 11/05/2017 Annual All For 1

1120599 GB00BY9D0Y18 Direct Line Insurance Group PLC United Kingdom United Kingdom 11/05/2017 Annual All For 1

1118448 GB00BYM8GJ06 Ascential plc United Kingdom United Kingdom 11/05/2017 Annual All For 2

1143962 GB00BYM8GJ06 Ascential plc United Kingdom United Kingdom 11/05/2017 Special All For 2

1118362 GB00BZ1G4322 Melrose Industries PLC United Kingdom United Kingdom 11/05/2017 Annual All For 2

1136101 GB00BZ1G4322 Melrose Industries PLC United Kingdom United Kingdom 11/05/2017 Special All For 2

1120633 GB00B29H4253 Tyman plc United Kingdom United Kingdom 12/05/2017 Annual All For 2

1140437 GB0001570810 Xaar plc United Kingdom United Kingdom 16/05/2017 Annual All For 1

1121161 GB0001883718 Charles Taylor plc United Kingdom United Kingdom 16/05/2017 Annual Against 3

2



1

1134813 GB0007980591 BP plc United Kingdom United Kingdom 17/05/2017 Annual All For 2

1129211 GB00B4YZN328 Coats Group plc United Kingdom United Kingdom 17/05/2017 Annual All For 1

1140687 GB00BZ0XJR39 Great Portland Estates plc United Kingdom United Kingdom 17/05/2017 Special All For 1

1116765 GB0007099541 Prudential plc United Kingdom United Kingdom 18/05/2017 Annual Against 3 Apparent failure to link pay & appropriate performance 2

1129488 GB0007655037 S&U plc United Kingdom United Kingdom 18/05/2017 Annual Against 3

2

5

9



Combined CEO/Chair


1

1127050 GB0032089863 Next Plc United Kingdom United Kingdom 18/05/2017 Annual Against 2 Apparent failure to link pay & appropriate performance 1

1121929 GB00BCRX1J15 Just Group PLC United Kingdom United Kingdom 18/05/2017 Annual Against 12 Overboarded/Too many other time commitments 1

1127753 GB0002652740 Derwent London plc United Kingdom United Kingdom 19/05/2017 Annual Against 6 Overboarded/Too many other time commitments 1

1127354 GB0006056104 Moss Bros Group plc United Kingdom United Kingdom 19/05/2017 Annual Against 9 Overboarded/Too many other time commitments 1

1120016 GB00B74CDH82 Cairn Energy plc United Kingdom United Kingdom 19/05/2017 Annual Against 3

21

8

2

Apparent failure to link pay and appropriate performanc



Policy Rationale:Apparent failure to link pay and appropriate performance

1

1131824 GB00BDR05C01 National Grid plc United Kingdom United Kingdom 19/05/2017 Special All For 1

1126927 GB00B5NR1S72 Restore PLC United Kingdom United Kingdom 22/05/2017 Annual Against 4 Overboarded/Too many other time commitments 1

1136653 GB00BQS10J50 Gamma Communications plc United Kingdom United Kingdom 22/05/2017 Annual Against 5 Overboarded/Too many other time commitments 1

1111769 GB00B03MLX29 Royal Dutch Shell plc United Kingdom United Kingdom 23/05/2017 Annual Against 2 Apparent failure to link pay & appropriate performance 4

1129306 JE00BFNWV485 Wolseley plc United Kingdom United Kingdom 23/05/2017 Special All For 2

1123123 GB0000456144 Antofagasta plc United Kingdom United Kingdom 24/05/2017 Annual Against 5

12



1

1118372 GB0007739609 Travis Perkins plc United Kingdom United Kingdom 24/05/2017 Annual Against 3,22 Apparent failure to link pay & appropriate performance 1

1130864 GB00B1V9NW54 Hilton Food Group plc United Kingdom United Kingdom 24/05/2017 Annual All For 1

1118370 GB00B28ZPV64 Sportech PLC United Kingdom United Kingdom 24/05/2017 Annual All For 1

1142964 GB00B28ZPV64 Sportech PLC United Kingdom United Kingdom 24/05/2017 Special Against 1,2 Apparent failure to link pay & appropriate performance 1

1141668 GB00B6ZM0X53 hVIVO plc United Kingdom United Kingdom 24/05/2017 Annual Against 3 Concerns related to inappropriate membership of committees 1

1119377 GB00BYZJ7G42 Harworth Group plc United Kingdom United Kingdom 24/05/2017 Annual Abstain

Against

4

9



2

1138618 GB0004170089 Headlam Group plc United Kingdom United Kingdom 25/05/2017 Annual All For 2

1123578 GB0008475088 Robert Walters PLC United Kingdom United Kingdom 25/05/2017 Annual All For 1

1127356 GB0031030819 Alliance Pharma plc United Kingdom United Kingdom 25/05/2017 Annual All For 1 1

1140679 GB00B01D1K48 Vectura Group plc United Kingdom United Kingdom 25/05/2017 Annual All For 2

1131993 GB00B01FLG62 G4S plc United Kingdom United Kingdom 25/05/2017 Annual All For 1

1134545 GB00B17MMZ46 Lookers plc United Kingdom United Kingdom 25/05/2017 Annual All For 2

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1118032 GB00B61TVQ02 Inchcape plc United Kingdom United Kingdom 25/05/2017 Annual Against 2,3 Apparent failure to link pay & appropriate performance 1

1133403 GB00BBQ38507 Keywords Studios plc United Kingdom United Kingdom 25/05/2017 Annual All For 1

1143155 GB00BZ02Q916 Gocompare.com Group plc United Kingdom United Kingdom 25/05/2017 Annual Against 3

7

14

4





2

1132538 GB00BZC0LP49 Luceco Plc United Kingdom United Kingdom 25/05/2017 Annual All For 1

1144413 GB00BJL5BR07 4D pharma plc United Kingdom United Kingdom 26/05/2017 Annual All For 1

1131033 GB00BMJ6DW54 Informa plc United Kingdom United Kingdom 26/05/2017 Annual Against 3,17

10



2

1149516 GB00BQY7BX88 Micro Focus International plc United Kingdom United Kingdom 26/05/2017 Special All For 2

1148727 GB00B1GCLT25 Polar Capital Holdings plc United Kingdom United Kingdom 31/05/2017 Special All For 1

1148762 GB00B24CGK77 Reckitt Benckiser Group plc United Kingdom United Kingdom 31/05/2017 Special All For 2

1129259 GB00BYYN4225 Hostelworld Group Plc United Kingdom United Kingdom 01/06/2017 Annual Abstain 7 Concerns related to inappropriate membership of committees 1

1123120 GB00BZBX0P70 The Gym Group plc United Kingdom United Kingdom 06/06/2017 Annual All For 1

1149086 GB0004536594 Advanced Medical Solutions Group plc United Kingdom United Kingdom 07/06/2017 Annual Against 4 Overboarded/Too many other time commitments 2

1136060 GB0005630420 Mears Group plc United Kingdom United Kingdom 07/06/2017 Annual All For 8,12 1

1143019 GB00B0SPFW38 Northbridge Industrial Services PLC United Kingdom United Kingdom 07/06/2017 Annual Against 2 Concerns about overall board structure Concerns related to inappropriate membership of committees 1

1149479 GB00B580MF54 Hurricane Energy plc United Kingdom United Kingdom 07/06/2017 Annual Against 1 Concerns to protect shareholder valueConcerns about overall board structureApparent failure to link pay and

appropriate performance

1

1149573 GB00BLNN3L44 Compass Group PLC United Kingdom United Kingdom 07/06/2017 Special All For 2

1129492 GB00BMSKPJ95 AA plc United Kingdom United Kingdom 08/06/2017 Annual All For 2

1145495 GB0002349065 R.E.A. Holdings plc United Kingdom United Kingdom 13/06/2017 Annual Against 3 Apparent failure to link pay & appropriate performance 1

1140132 GB0009619924 IQE plc United Kingdom United Kingdom 13/06/2017 Annual All For 1

1141812 GB0033195214 Kingfisher plc United Kingdom United Kingdom 13/06/2017 Annual All For 1

1146425 GB00B0PPFY88 Hansteen Holdings PLC United Kingdom United Kingdom 13/06/2017 Annual All For 1

1141891 GB00B572ZV91 SOCO International plc United Kingdom United Kingdom 13/06/2017 Annual Against 4 Apparent failure to link pay and appropriate performance 2

1146438 GB00BDZT6P94 Merlin Entertainments plc United Kingdom United Kingdom 13/06/2017 Annual Against 3,4 Policy Rationale:Apparent failure to link pay and appropriate performance 2

1150278 GB0008847096 Tesco PLC United Kingdom United Kingdom 16/06/2017 Annual All For 2

1150650 GB00B1KJJ408 Whitbread PLC United Kingdom United Kingdom 21/06/2017 Annual All For 1

1151718 GB0000608009 WS Atkins plc United Kingdom United Kingdom 26/06/2017 Court All For 1

1151717 GB0000608009 WS Atkins plc United Kingdom United Kingdom 26/06/2017 Special All For 1

1151984 GB0007188757 Rio Tinto plc United Kingdom United Kingdom 27/06/2017 Special All For 3

1155034 GB00BYV24996 Medica Group PLC United Kingdom United Kingdom 28/06/2017 Annual All For 2

1151695 GB00B1YW4409 3i Group plc United Kingdom United Kingdom 29/06/2017 Annual Against 2,3 Apparent failure to link pay and appropriate performance 1

1126045 US9113631090 United Rentals, Inc. North America USA 04/05/2017 Annual Against 6 Shareholder proposal promotes enhanced shareholder rights 2

1142055 US91324P1021 UnitedHealth Group Incorporated North America USA 05/06/2017 Annual Against 2

5


Policy Rationale:Shareholder proposal promotes transparenc

2

1127347 US91913Y1001 Valero Energy Corporation North America USA 03/05/2017 Annual All For 1

1123846 US92210H1059 Vantiv, Inc. North America USA 02/05/2017 Annual Against 1.1 Concerns to protect shareholder value 1

1125536 US92343V1044 Verizon Communications Inc. North America USA 04/05/2017 Annual Against 8

9,10

SH: Against shareholder resolution, against management recommendation / Shareholder proposal does not

promote enhanced shareholder rights



1

1145995 US92532F1003 Vertex Pharmaceuticals Incorporated North America USA 08/06/2017 Annual Against 5

7

8




1

1141555 US9311421039 Wal-Mart Stores, Inc. North America USA 02/06/2017 Annual Against 3

5

6






1

1135019 US94419L1017 Wayfair Inc. North America USA 17/05/2017 Annual Abstain 1e Concerns to protect shareholder value 1

1124361 US9490901041 Welbilt, Inc. North America USA 28/04/2017 Annual All For 1

1135561 US9621661043 Weyerhaeuser Company North America USA 19/05/2017 Annual All For 1

1139895 US9837931008 XPO Logistics, Inc. North America USA 10/05/2017 Annual Against 1.2

3

4





1

1129833 US98419M1009 Xylem Inc. North America USA 10/05/2017 Annual All For 1

1123677 USU834501038 Somero Enterprises, Inc. North America USA 06/06/2017 Annual All For 3 1

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