NEST Voting Report for the period 01 Jan 2022 to 01 Apr 2022

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Table of Contents

 

Vote summary by region

AGM Class Court EGM GM OGM SGM Total
Africa 1 0 0 0 0 0 0 2
Asia & Oceania : Developed 1 0 0 0 0 0 0 9
Asia & Oceania : Emerging 1 0 0 0 0 0 0 26
Europe : Developed 11 0 0 0 0 0 0 15
Europe : Emerging 0 0 0 0 0 0 0 1
Japan 2 0 0 0 0 0 0 2
Latin America & Caribbean 1 0 0 0 0 0 0 2
North America 30 0 0 0 0 0 0 31
South & Central America 0 0 0 0 0 0 0 2
UK & Ireland 16 0 0 0 0 0 0 19
 

Vote summary by issues: Commodities Fund

  For Abstain Against Case-by-case Withhold Refer
Audit & Reporting 4 0 4 0 0 0
Other 0 0 0 0 0 0
Board 50 0 8 0 3 0
Capital 5 0 6 0 0 0
Consent Solicitation 0 0 0 0 0 0
Corporate Actions 2 0 0 0 0 0
Political Activity 0 0 0 0 0 0
Shareholder Rights 4 0 1 0 0 0
Remuneration 0 0 10 0 0 0
Charitable Activity 0 0 0 0 0 0
Sustainability 1 0 0 0 0 0
 

Vote summary by issues: UBS

  For Abstain Against Case-by-case Withhold Refer
Audit & Reporting 0 0 1 0 0 0
Other 0 0 0 0 0 0
Board 9 0 0 0 3 0
Capital 0 0 0 0 0 0
Consent Solicitation 0 0 0 0 0 0
Corporate Actions 0 0 0 0 0 0
Political Activity 0 0 0 0 0 0
Shareholder Rights 0 0 0 0 0 0
Remuneration 0 0 1 0 0 0
Charitable Activity 0 0 0 0 0 0
Sustainability 1 0 0 0 0 0
 

Votes against management - by region

Region Resolutions
Asia & Oceania : Developed 2
Asia & Oceania : Emerging 1
Europe : Developed 7
North America 20
South & Central America 3
 

Votes withheld by manager

Company Event Date Res Num SH Res Resolution Commodities Fund UBS
Commercial Metals Co AGM 12-Jan-22 1.03 - To re-elect as a director, Charles Szews Against
Commercial Metals Co AGM 12-Jan-22 2 - To ratify the appointment of Deloitte & Touche LLP as auditors Against
Commercial Metals Co AGM 12-Jan-22 3 - To approve an advisory vote on the remuneration of the Company's named executive officers Against
BRF SA EGM 17-Jan-22 1 - To amend Article 7 of the Articles of Association Against
BRF SA EGM 17-Jan-22 2 - To approve the capital increase through issuance of new shares Against
BRF SA EGM 17-Jan-22 6 - To give the board discretion over certain elements of the share issue and Capital Increase Against
Hormel Foods Corp AGM 25-Jan-22 1.02 - To re-elect as a director, Gary Bhojwani Withhold Withhold
Hormel Foods Corp AGM 25-Jan-22 1.10 - To re-elect as a director, Sally Smith Withhold Withhold
Hormel Foods Corp AGM 25-Jan-22 1.11 - To re-elect as a director, James Snee Withhold Withhold
Hormel Foods Corp AGM 25-Jan-22 2 - To ratify the appointment of Ernst & Young LLP as auditors Against Against
Hormel Foods Corp AGM 25-Jan-22 3 - To approve an advisory vote on the remuneration of the Company's named executive officers Against Against
Hormel Foods Corp AGM 25-Jan-22 4 Y To request that the Board commission a study on the external environmental and public health costs created by the use of antibiotics in the company’s supply chain For For
ICL Group Ltd EGM 27-Jan-22 1 - To elect as a statutory external director, Dafna Gruber Against
VERBIO Vereinigte BioEnergie AG AGM 04-Feb-22 6 - To approve the creation of a new Authorised Capital with the dis-application of pre-emption rights and the correspondent amendment to the Articles of Association Against
VERBIO Vereinigte BioEnergie AG AGM 04-Feb-22 7 - To approve the remuneration system for the members of the Management Board Against
Evoqua Water Technologies Corp AGM 16-Feb-22 2 - To approve an advisory vote on the remuneration of the Company's named executive officers Against
Aurubis AG AGM 17-Feb-22 5 - To appoint the auditors Against
Aurubis AG AGM 17-Feb-22 6 - To authorise the directors to issue shares Against
Aurubis AG AGM 17-Feb-22 7 - To authorise the creation of a new Authorised Capital with the dis-application of pre-emption rights and the correspondent amendment to the Articles of Association Against
Aurubis AG AGM 17-Feb-22 8 - To elect as a member of the Supervisory Board, Gunnar Groebler Against
Graincorp Ltd AGM 17-Feb-22 2 - To adopt the remuneration report for the year ended 30 September 2021 Against
Graincorp Ltd AGM 17-Feb-22 4 - To approve a grant of Performance Rights to Robert Spurway Against
Compass Minerals International Inc AGM 24-Feb-22 2 - To approve an advisory vote on the remuneration of the Company's named executive officers Against
Compass Minerals International Inc AGM 24-Feb-22 3 - To approve an amendment to the 2020 Incentive Award Plan Against
Helmerich & Payne Inc AGM 01-Mar-22 1d - To re-elect as a director, Randy Foutch Against
Helmerich & Payne Inc AGM 01-Mar-22 1e - To re-elect as a director, Hans Helmerich Against
Helmerich & Payne Inc AGM 01-Mar-22 1i - To re-elect as a director, Donald Robillard Against
Helmerich & Payne Inc AGM 01-Mar-22 1j - To re-elect as a director, Edward Rust Against
Helmerich & Payne Inc AGM 01-Mar-22 1l - To re-elect as a director, John Zeglis Against
Helmerich & Payne Inc AGM 01-Mar-22 2 - To ratify the appointment of Ernst & Young LLP as auditors Against
Helmerich & Payne Inc AGM 01-Mar-22 3 - To approve an advisory vote on the remuneration of the Company's named executive officers Against
Helmerich & Payne Inc AGM 01-Mar-22 4 - To approve the amended and restated 2020 Omnibus Incentive Plan Against
 

Glossary

Definitions for all tables

Fund Names
BMO BMO Responsible Global Equity Fund.
HSBC HSBC Economic Scale Index Emerging Markets Equity Fund and HSBC Amanah Global Equity Index Fund.
LGIM FTSE LGIM FTSE EPRA/NAREIT Global Developed Index Fund
LGIM Global LGIM Global Real Estate Equity Index Fund.
NTIF Northern Trust Emerging Markets ESG Equity Index Fund.
UBS UBS Life World Equity Tracker Fund and UBS Life Climate Aware World Equity Fund.
Meeting Types
AGM Annual General Meeting: meeting normally required by law taking place on an annual basis.
Class Class Meeting: shareholders holding a class of share are required to make a decision binding on the company.
Court Court meeting: shareholders can either order an annual meeting or a special meeting.
EGM Extraordinary General Meeting: meeting is required to conduct business of an urgent or extra-ordinary nature. Such business may require a special quorum or approval level.
GM General Meeting: term often used interchangeably with the term EGM,OGM, SGM, depending on the term used by the company in question.
OGM Ordinary General Meeting: term often used interchangeably with the term EGM,GM, SGM, depending on the term used by the company in question.
SGM Special General Meeting: term often used interchangeably with the term EGM,GM, OGM, depending on the term used.
Other Items
SH Shareholder resolution, resolution proposed by shareholders for ratifying or requesting a specified action by a corporate board
Vote withheld Shareholder votes not supporting management recommendations.
Vote Types
Abstain Shareholder's vote not in favour or against the proposed resolution, but shareholder demonstrates lack of confidence towards the rationale behind the resolution.
Against Shareholder's vote against the resolution proposed.
For Shareholder's vote in favour of the resolution proposed.
Withhold For US- board resolutions, shareholder vote not in favour the board election.