ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Transcription

1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C FORM N-PX REPORT ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number PAX WORLD FUNDS SERIES TRUST III (Exact name of registrant as specified in charter) 30 Penhallow St, Ste. 400 Portsmouth, NH (Address of principal executive offices) Registrant's Telephone Number, Including Area Code: (800) Pax Ellevate Management LLC 30 Penhallow Street, Suite 400 Portsmouth, NH Attn: Joseph F. Keefe (Name and address of agent for service) Date of fiscal year end: December 31, 2014 Date of reporting period: July 1, June 30, 2014 Item 1 - Proxy Voting Record Fund Name - Pax Ellevate Global Womens Index Fund 07/01/ /30/2014 Effective June, 2014, the Pax World Global Womens Equality Fund (Predecessor Fund). a series of the Pax World Funds Series Trust I, was acquired by Pax Ellevate Global Womens Index Fund (Acquiring Fund),a series of this Registrant. All voting records of the Predecessor Fund for the period are reported by this Registrant as follows. 3M Company MMM CUSIP 88579Y101 05/13/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Linda G. Alvarado For For For 2 Elect Thomas K. Brown For Against Against 3 Elect Vance D. Coffman For Against Against 4 Elect Michael L. Eskew For Against Against 5 Elect Herbert L. Henkel For Against Against 6 Elect Muhtar Kent For Against Against 7 Elect Edward M. Liddy For Against Against 8 Elect Inge G. Thulin For Against Against 9 Elect Robert J. Ulrich For Against Against 10 Ratification of Auditor For For For 11 Advisory Vote on For For For 12 Shareholder Proposal ShrHoldr Against For Against

2 Regarding Right to Act by Written Consent ABB Ltd. ABBN CUSIP /30/2014 Voted Proponent Rec Vote Cast For/Against 1 Accounts and Reports For For For 2 Remuneration Report For Against Against 3 Ratification of Board For Against Against and Management Acts 4 Allocation of For For For 5 Increase in Conditional For Against Against Capital for Employee Incentive Plans 6 Amendments to Articles For For For 7 Elect Roger Agnelli For Against Against 8 Elect Matti Alahuhta For Against Against 9 Elect Louis R. Hughes For Against Against 10 Elect Michel de Rosen For Against Against 11 Elect Michael Treschow For Against Against 12 Elect Jacob Wallenberg For Against Against 13 Elect Ying Yeh For Against Against 14 Elect Hubertus von For Against Against Grunberg as Chairman 15 Elect Michel de Rosen For For For 16 Elect Michael Treschow For For For 17 Elect Ying Yeh For For For 18 Appointment of For For For Independent Proxy 19 Appointment of Auditor For For For Allergan, Inc. AGN CUSIP /06/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect David E.I. Pyott For Against Against

3 2 Elect Michael R. For Against Against Gallagher 3 Elect Deborah Dunsire For Against Against 4 Elect Trevor M. Jones For Against Against 5 Elect Louis J. Lavigne, For Against Against Jr. 6 Elect Peter J. McDonnell For Against Against 7 Elect Timothy D. Proctor For Against Against 8 Elect Russell T. Ray For Against Against 9 Elect Henri A. Termeer For Against Against 10 Ratification of Auditor For For For 11 Advisory Vote on For Against Against 12 Amendment to For For For Certificate of Incorporation Allowing Action by Written Consent 13 Shareholder Proposal ShrHoldr Against For Against Regarding Independent Board Chairman American Express Company AXP CUSIP /12/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Charlene For Against Against Barshefsky 2 Elect Ursula M. Burns For Against Against 3 Elect Kenneth I. For Against Against Chenault 4 Elect Peter Chernin For Against Against 5 Elect Anne Lauvergeon For For For 6 Elect Theodore J. For Against Against Leonsis 7 Elect Richard C. Levin For For For 8 Elect Richard A. McGinn For Against Against 9 Elect Samuel J. For Against Against Palmisano 10 Elect Steven S. For Against Against Reinemund 11 Elect Daniel L. Vasella For For For 12 Elect Robert D. Walter For Against Against 13 Elect Ronald A. Williams For For For 14 Ratification of Auditor For For For 15 Advisory Vote on For Against Against 16 Shareholder Proposal ShrHoldr Against For Against Regarding Employment Diversity Report

4 17 Shareholder Proposal ShrHoldr Against For Against Regarding Privacy and Data Security 18 Shareholder Proposal ShrHoldr Against For Against Regarding Right to Act by Written Consent 19 Shareholder Proposal ShrHoldr Against For Against Regarding Retention of Shares Until Retirement American Tower Corporation AMT CUSIP 03027X100 05/20/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Raymond P. Dolan For For For 2 Elect Ronald M. Dykes For For For 3 Elect Carolyn Katz For For For 4 Elect Gustavo Lara Cantu For Against Against 5 Elect JoAnn A. Reed For For For 6 Elect Pamela D.A. Reeve For Against Against 7 Elect David E. Sharbutt For For For 8 Elect James D. Taiclet, For For For Jr. 9 Elect Samme L. Thompson For Against Against 10 Ratification of Auditor For For For 11 Advisory Vote on For Against Against American Water Works Company, Inc. AWK CUSIP /09/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Julie A. Dobson For For For 2 Elect Paul J. Evanson For For For 3 Elect Martha C. Goss For For For 4 Elect Richard R. Grigg For For For 5 Elect Julia L. Johnson For For For 6 Elect George MacKenzie For For For 7 Elect William J. For For For Marrazzo 8 Elect Susan N. Story For For For 9 Ratification of Auditor For For For 10 Advisory Vote on For For For Astrazeneca plc

5 AZN CUSIP /24/2014 Voted Proponent Rec Vote Cast For/Against 1 Accounts and Reports For For For 2 Allocation of For For For 3 Appointment of Auditor For For For 4 Authority to Set For For For Auditor's Fees 5 Elect Leif Johansson For Against Against 6 Elect Pascal Soriot For For For 7 Elect Marc Dunoyer For For For 8 Elect Genevieve B. For For For Berger 9 Elect D. Bruce For For For Burlington 10 Elect Ann Cairns For For For 11 Elect Graham Chipchase For For For 12 Elect Jean-Philippe For Against Against Courtois 13 Elect Rudy H.P. Markham For For For 14 Elect Nancy Rothwell For For For 15 Elect Shriti Vadera For For For 16 Elect John S. Varley For For For 17 Elect Marcus Wallenberg For For For 18 Remuneration Report For For For (Advisory) 19 Remuneration Policy For For For (Binding) 20 Authorisation of For Against Against Political Donations 21 Authority to Issue For Against Against Shares w/ Preemptive Rights 22 Authority to Issue For For For Shares w/o Preemptive Rights 23 Authority to Repurchase For For For Shares 24 Authority to Set For Against Against General Meeting Notice Period at 14 Days 25 Performance Share Plan For For For Autodesk, Inc. ADSK CUSIP /14/2014 Voted Special Proponent Rec Vote Cast For/Against

6 1 Amendment to the 2012 For For For Employee Stock Plan Autodesk, Inc. ADSK CUSIP /10/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Carl Bass For For For 2 Elect Crawford W. For For For Beveridge 3 Elect J. Hallam Dawson For For For 4 Elect Thomas Georgens For Against Against 5 Elect Per-Kristian For For For Halvorsen 6 Elect Mary T. McDowell For For For 7 Elect Lorrie M. For For For Norrington 8 Elect Betsy Rafael For For For 9 Elect Stacy J. Smith For For For 10 Elect Steven M. West For For For 11 Ratification of Auditor For For For 12 Advisory Vote on For For For 13 Amendment to the For For For Incentive Plan AXA S.A. CS CINS F /23/2014 Voted Mix France Proponent Rec Vote Cast For/Against 1 Non-Voting Meeting Note N/A N/A N/A N/A 2 Non-Voting Meeting Note N/A N/A N/A N/A 3 Non-Voting Meeting Note N/A N/A N/A N/A 4 Accounts and Reports For For For 5 Consolidated Accounts For For For and Reports 6 Allocation of For For For 7 Remuneration of Henri For For For de Castries, CEO

7 8 Remuneration of Denis For For For Duverne, Deputy CEO 9 Related Party For For For Transactions 10 Severance Agreement and For For For Retirement Benefits of Henri de Castries, CEO 11 Severance Agreement and For For For Retirement Benefits of Denis Duverne, Deputy CEO 12 Elect Henri de Castries For Against Against 13 Elect Norbert For Against Against Dentressangle 14 Elect Denis Duverne For Against Against 15 Elect Isabelle Kocher For Against Against 16 Elect Suet-Fern Lee For Against Against 17 Directors' Fees For For For 18 Authority to Repurchase For For For Shares 19 Employee Stock Purchase For Against Against Plan 20 Employee Stock Purchase For Against Against Plan for Overseas Employees 21 Authority to Grant For For For Stock Options 22 Authority to Grant For For For Restricted Stock 23 Authority to Reduce For For For Share Capital 24 Authorization of Legal For For For Formalities Baker Hughes Incorporated BHI CUSIP /24/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Larry D. Brady For For For 2 Elect Clarence P. For Against Against Cazalot, Jr. 3 Elect Martin S. For For For Craighead 4 Elect Lynn L. Elsenhans For For For 5 Elect Anthony G. For Against Against Fernandes

8 6 Elect Claire W. Gargalli For Against Against 7 Elect Pierre J. Jungels For Against Against 8 Elect James A. Lash For For For 9 Elect J. Larry Nichols For Against Against 10 Elect James W. Stewart For Against Against 11 Elect Charles L. Watson For Against Against 12 Advisory Vote on For Against Against 13 Ratification of Auditor For For For 14 Amendment to the 2002 For Against Against Director and Officer long-term Incentive Plan 15 Amendment to the 2002 For For For Employee Long-Term Incentive Plan Bank of New York Mellon Corporation BK CUSIP /08/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Ruth E. Bruch For For For 2 Elect Nicholas M. For For For Donofrio 3 Elect Jeffrey A. For For For Goldstein 4 Elect Gerald L. Hassell For For For 5 Elect Edmund F. Kelly For For For 6 Elect Richard J. Kogan For For For 7 Elect Michael J. For For For Kowalski 8 Elect John A. Luke, Jr. For Against Against 9 Elect Mark A. Nordenberg For For For 10 Elect Catherine A. Rein For For For 11 Elect William C. For For For Richardson 12 Elect Samuel C. Scott For For For III 13 Elect Wesley W. von For For For Schack 14 Advisory Vote on For For For 15 Ratification of Auditor For For For 16 Amendments to the For For For Long-Term Incentive Plan 17 Shareholder Proposal ShrHoldr Against For Against Regarding Independent Board Chairman

9 BG Group plc BG CINS G1245Z108 05/15/2014 Voted United Kingdom Proponent Rec Vote Cast For/Against 1 Accounts and Reports For For For 2 Remuneration Policy For Against Against (Binding) 3 Remuneration Report For Against Against (Advisory) 4 Allocation of For For For 5 Elect Simon J. Lowth For For For 6 Elect Pam Daley For For For 7 Elect Martin Ferguson For For For 8 Elect Vivienne Cox For Against Against 9 Elect Chris Finlayson For For For 10 Elect Andrew Gould For Against Against 11 Elect Baroness Hogg For For For 12 Elect John Hood For Against Against 13 Elect Caio Koch-Weser For For For 14 Elect LIM Haw Kuang For For For 15 Elect Sir David Manning For For For 16 Elect Mark Seligman For Against Against 17 Elect Patrick W. Thomas For Against Against 18 Appointment of Auditor For For For 19 Authority to Set For For For Auditor's Fees 20 Authorisation of For Against Against Political Donations 21 Authority to Issue For Against Against Shares w/ Preemptive Rights 22 Authority to Issue For For For Shares w/o Preemptive Rights 23 Authority to Repurchase For For For Shares 24 Authority to Set For Against Against General Meeting Notice Period at 14 Days Brown Shoe Company, Inc. BWS CUSIP /29/2014 Voted Proponent Rec Vote Cast For/Against 1.1 Elect W. Lee Capps III For Withhold Against 1.2 Elect Carla Hendra For Withhold Against 1.3 Elect Patricia G. For Withhold Against

10 McGinnis 2 Ratification of Auditor For For For 3 Advisory Vote on For For For Deutsche Telekom AG DTE CINS D2035M136 05/15/2014 Take No Action Germany Proponent Rec Vote Cast For/Against 1 Non-Voting Meeting Note N/A N/A TNA N/A 2 Non-Voting Meeting Note N/A N/A TNA N/A 3 Non-Voting Meeting Note N/A N/A TNA N/A 4 Non-Voting Meeting Note N/A N/A TNA N/A 5 Non-Voting Meeting Note N/A N/A TNA N/A 6 Non-Voting Agenda Item N/A N/A TNA N/A 7 Allocation of For TNA N/A 8 Ratification of For TNA N/A Management Board Acts 9 Ratification of For TNA N/A Supervisory Board Acts 10 Appointment of Auditor For TNA N/A 11 Elect Johannes Geismann For TNA N/A 12 Elect Lars Hinrichs For TNA N/A 13 Elect Ulrich Schroder For TNA N/A 14 Elect Karl-Heinz For TNA N/A Streibich 15 Authority to Issue For TNA N/A Convertible Debt Instruments; Increase in conditional capital DNB ASA DNB CINS R1812S105 04/24/2014 Take No Action Norway Proponent Rec Vote Cast For/Against 1 Non-Voting Meeting Note N/A N/A TNA N/A 2 Non-Voting Meeting Note N/A N/A TNA N/A 3 Non-Voting Meeting Note N/A N/A TNA N/A 4 Non-Voting Meeting Note N/A N/A TNA N/A 5 Non-Voting Agenda Item N/A N/A TNA N/A 6 Agenda For TNA N/A 7 Minutes For TNA N/A 8 Accounts and Reports; For TNA N/A Allocation of Profit/Dividends 9 Authority to Set For TNA N/A Auditor's

11 Fees 10 Election of Supervisory For TNA N/A Board 11 Election of Control For TNA N/A Committee 12 Election Committee For TNA N/A 13 Governing Bodies Fees For TNA N/A 14 Authority to Repurchase For TNA N/A Shares 15 Guidelines For TNA N/A (Advisory) 16 Incentive Guidelines For TNA N/A (Binding) 17 Corporate Governance For TNA N/A Report EMC Corporation EMC CUSIP /30/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Michael W. Brown For For For 2 Elect Randolph L. Cowen For For For 3 Elect Gail Deegan For For For 4 Elect James S. DiStasio For Against Against 5 Elect John R. Egan For Against Against 6 Elect William D. Green For For For 7 Elect Edmund F. Kelly For For For 8 Elect Jami Miscik For Against Against 9 Elect Paul Sagan For Against Against 10 Elect David N. Strohm For Against Against 11 Elect Joseph M. Tucci For Against Against 12 Ratification of Auditor For For For 13 Advisory Vote on For For For 14 Shareholder Proposal ShrHoldr Against For Against Regarding Independent Board Chairman 15 Shareholder Proposal ShrHoldr Against For Against Regarding Incorporation of Values in Political Spending General Mills, Inc. GIS CUSIP /24/2013 Voted Proponent Rec Vote Cast For/Against 1 Elect Bradbury H. For Against Against Anderson

12 2 Elect R. Kerry Clark For For For 3 Elect Paul Danos For For For 4 Elect William T. Esrey For For For 5 Elect Raymond V. For Against Against Gilmartin 6 Elect Judith Richards For Against Against Hope 7 Elect Heidi G. Miller For For For 8 Elect Hilda For For For Ochoa-Brillembourg 9 Elect Steve Odland For Against Against 10 Elect Kendall J. Powell For For For 11 Elect Michael D. Rose For Against Against 12 Elect Robert L. Ryan For For For 13 Elect Dorothy A. Terrell For For For 14 Advisory Vote on For Against Against 15 Ratification of Auditor For For For 16 Shareholder Proposal ShrHoldr Against For Against Regarding Post-Consumer Product Packaging Google Inc. GOOG CUSIP 38259P508 05/14/2014 Voted Proponent Rec Vote Cast For/Against 1.1 Elect Larry Page For Withhold Against 1.2 Elect Sergey Brin For Withhold Against 1.3 Elect Eric E. Schmidt For Withhold Against 1.4 Elect L. John Doerr For Withhold Against 1.5 Elect Diane B. Greene For Withhold Against 1.6 Elect John L. Hennessy For Withhold Against 1.7 Elect Ann Mather For Withhold Against 1.8 Elect Paul S. Otellini For Withhold Against 1.9 Elect K. Ram Shriram For Withhold Against 1.10 Elect Shirley M. For Withhold Against Tilghman 2 Ratification of Auditor For For For 3 Advisory Vote on For Against Against 4 Shareholder Proposal ShrHoldr Against For Against Regarding Recapitalization 5 Shareholder Proposal ShrHoldr Against For Against Regarding Lobbying Report 6 Shareholder Proposal ShrHoldr Against For Against Regarding Majority Vote for Election of Directors

13 7 Shareholder Proposal ShrHoldr Against For Against Regarding Tax Policy Principles 8 Shareholder Proposal ShrHoldr Against For Against Regarding Independent Board Chairman Grupa Lotos SA CINS X /30/2014 Voted Poland Proponent Rec Vote Cast For/Against 1 Non-Voting Meeting Note N/A N/A N/A N/A 2 Non-Voting Agenda Item N/A N/A N/A N/A 3 Election of Presiding For For For Chairman 4 Compliance with Rules For For For of Convocation 5 Agenda For For For 6 Presentation of For For For Accounts and Reports 7 Presentation of For For For Accounts and Reports (Consolidated) 8 Presentation of For For For Supervisory Board Report 9 Accounts and Reports For For For 10 Accounts and Reports For For For (Consolidated) 11 Coverage of Loss For For For 12 Ratification of For Against Against Management Board Acts 13 Ratification of For Against Against Supervisory Board Acts 14 Purchase of Properties For For For 15 Bonus For For For 16 Supervisory Board Size For Against Against 17 Election of Supervisory For Against Against Board Members 18 Non-Voting Agenda Item N/A N/A N/A N/A H & M Hennes & Mauritz AB HM-B CINS W /29/2014 Voted Sweden Proponent Rec Vote Cast For/Against

14 1 Non-Voting Meeting Note N/A N/A N/A N/A 2 Non-Voting Meeting Note N/A N/A N/A N/A 3 Non-Voting Meeting Note N/A N/A N/A N/A 4 Non-Voting Agenda Item N/A N/A N/A N/A 5 Non-Voting Agenda Item N/A N/A N/A N/A 6 Non-Voting Agenda Item N/A N/A N/A N/A 7 Non-Voting Agenda Item N/A N/A N/A N/A 8 Non-Voting Agenda Item N/A N/A N/A N/A 9 Non-Voting Agenda Item N/A N/A N/A N/A 10 Non-Voting Agenda Item N/A N/A N/A N/A 11 Non-Voting Agenda Item N/A N/A N/A N/A 12 Non-Voting Agenda Item N/A N/A N/A N/A 13 Non-Voting Agenda Item N/A N/A N/A N/A 14 Non-Voting Agenda Item N/A N/A N/A N/A 15 Accounts and Reports For For For 16 Allocation of For For For 17 Ratification of Board For Against Against and Management Acts 18 Board Size For For For 19 Directors and Auditors' For Against Against Fees 20 Election of Directors For Against Against 21 Nomination Committee For Against Against 22 Remuneration Guidelines For Against Against 23 Non-Voting Agenda Item N/A N/A N/A N/A Henkel AG & Co. KGAA HEN CINS D3207M102 04/04/2014 Voted Germany Proponent Rec Vote Cast For/Against 1 Non-Voting Meeting Note N/A N/A N/A N/A 2 Non-Voting Meeting Note N/A N/A N/A N/A 3 Non-Voting Meeting Note N/A N/A N/A N/A 4 Accounts and Reports For For For 5 Allocation of For For For 6 Ratification of For Against Against Personally Liable Partner's Acts 7 Ratification of For Against Against Supervisory Board Acts 8 Ratification of For Against Against Shareholder's Committee Acts 9 Appointment of Auditor For For For 10 Elect Barbara Kux For Against Against Hologic, Inc. HOLX CUSIP /04/2014 Voted

15 Proponent Rec Vote Cast For/Against 1.1 Elect Jonathan For Withhold Against Christodoro 1.2 Elect Sally W. Crawford For Withhold Against 1.3 Elect Scott T. Garrett For Withhold Against 1.4 Elect David R. LaVance, For Withhold Against Jr. 1.5 Elect Nancy L. Leaming For Withhold Against 1.6 Elect Lawrence M. Levy For Withhold Against 1.7 Elect Stephen P. For Withhold Against MacMillan 1.8 Elect Samuel Merksamer For Withhold Against 1.9 Elect Christina For Withhold Against Stamoulis 1.10 Elect Elaine S. Ullian For Withhold Against 1.11 Elect Wayne Wilson For Withhold Against 2 Advisory Vote on For Against Against 3 Ratification of Auditor For Against Against Honda Motor Co., Ltd CUSIP /13/2014 Voted Proponent Rec Vote Cast For/Against 1 Allocation of For For For 2.1 Elect Fumihiko Ike For Withhold Against 2.2 Elect Takanobu Itoh For Withhold Against 2.3 Elect Tetsuo Iwamura For Withhold Against 2.4 Elect Takashi Yamamoto For Withhold Against 2.5 Elect Yoshiharu Yamamoto For Withhold Against 2.6 Elect Toshihiko Nonaka For Withhold Against 2.7 Elect Masahiro Yoshida For Withhold Against 2.8 Elect Nobuo Kuroyanagi For Withhold Against 2.9 Elect Hideko Kunii For For For 2.10 Elect Yuji Shiga For Withhold Against 2.11 Elect Kohhei Takeuchi For Withhold Against 2.12 Elect Shinji Aoyama For Withhold Against 2.13 Elect Noriya Kaihara For Withhold Against Hyflux Ltd. 600 CINS Y3817K105 04/24/2014 Voted Singapore Proponent Rec Vote Cast For/Against 1 Accounts and Reports For For For

16 2 Allocation of For For For 3 Elect TEO Kiang Kok For Against Against 4 Elect Christopher For Against Against Murugasu 5 Directors' Fees For For For 6 Appointment of Auditor For For For and Authority to Set Fees 7 Issuance of Shares w/ For Against Against or w/o Preemptive Rights 8 Non-Voting Agenda Item N/A N/A N/A N/A 9 Non-Voting Agenda Item N/A N/A N/A N/A 10 Non-Voting Agenda Item N/A N/A N/A N/A 11 Non-Voting Agenda Item N/A N/A N/A N/A 12 Authority to Issue For Against Against Preferred Shares 13 Non-Voting Agenda Item N/A N/A N/A N/A 14 Authority to Repurchase For For For Shares 15 Non-Voting Agenda Item N/A N/A N/A N/A 16 Non-Voting Agenda Item N/A N/A N/A N/A Intercontinental Hotels Group CINS G4804L130 06/30/2014 Voted Ordinary United Kingdom Proponent Rec Vote Cast For/Against 1 Special Dividend and For For For Share Consolidation 2 Authority to Repurchase For For For Shares International Business Machines Corporation IBM CUSIP /29/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Alain J. P. Belda For Against Against 2 Elect William R. Brody For For For 3 Elect Kenneth I. For Against Against Chenault 4 Elect Michael L. Eskew For Against Against 5 Elect David N. Farr For For For 6 Elect Shirley A. Jackson For For For 7 Elect Andrew N. Liveris For Against Against 8 Elect W. James For Against Against McNerney, Jr. 9 Elect James W. Owens For For For 10 Elect Virginia M. For Against Against

17 Rometty 11 Elect Joan E. Spero For For For 12 Elect Sidney Taurel For For For 13 Elect Lorenzo H. For Against Against Zambrano Trevino 14 Ratification of Auditor For For For 15 Advisory Vote on For For For 16 Re-approve Performance For For For Goals of the Company's Long-Term Incentive Awards Employees Stock For For For Purchase Plan 18 Shareholder Proposal ShrHoldr Against For Against Regarding Lobbying Report 19 Shareholder Proposal ShrHoldr Against For Against Regarding Right to Act by Written Consent 20 Shareholder Proposal ShrHoldr Against For Against Regarding in the Event of a Change in Control Intuit Inc. INTU CUSIP /23/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Christopher W. For Against Against Brody 2 Elect William V. For Against Against Campbell 3 Elect Scott D. Cook For Against Against 4 Elect Diane B. Greene For Against Against 5 Elect Edward A. Kangas For Against Against 6 Elect Suzanne Nora For Against Against Johnson 7 Elect Dennis D. Powell For Against Against 8 Elect Brad D. Smith For Against Against 9 Elect Jeff Weiner For Against Against 10 Ratification of Auditor For For For 11 Amendment to the 2005 For Against Against Equity Plan 12 Advisory Vote on For For For

18 Johnson Controls, Inc. JCI CUSIP /29/2014 Voted Proponent Rec Vote Cast For/Against 1.1 Elect Natalie A. Black For Withhold Against 1.2 Elect Raymond L. Conner For For For 1.3 Elect William H. Lacy For For For 1.4 Elect Alex A. Molinaroli For For For 2 Ratification of Auditor For For For 3 Advisory Vote on For For For Kingfisher plc KGF CINS G5256E441 06/12/2014 Voted United Kingdom Proponent Rec Vote Cast For/Against 1 Accounts and Reports For For For 2 Remuneration Policy For For For (Binding) 3 Remuneration Report For For For (Advisory) 4 Allocation of For For For 5 Elect Daniel Bernard For Against Against 6 Elect Andrew Bonfield For For For 7 Elect Pascal Cagni For For For 8 Elect Clare Chapman For For For 9 Elect Ian Cheshire For For For 10 Elect Anders Dahlvig For For For 11 Elect Janis Kong For For For 12 Elect Kevin O'Byrne For Against Against 13 Elect Mark Seligman For For For 14 Elect Philippe Tible For For For 15 Elect Karen Witts For For For 16 Appointment of Auditor For For For 17 Authority to Set For For For Auditor's Fees 18 Authorisation of For Against Against Political Donations 19 Non-Voting Agenda Item N/A N/A N/A N/A 20 Authority to Issue For Against Against Shares w/ Preemptive Rights 21 Non-Voting Agenda Item N/A N/A N/A N/A 22 Non-Voting Agenda Item N/A N/A N/A N/A 23 Authority to Issue For For For Shares w/o Preemptive Rights

19 24 Non-Voting Agenda Item N/A N/A N/A N/A 25 Non-Voting Agenda Item N/A N/A N/A N/A 26 Authority to Repurchase For For For Shares 27 Non-Voting Agenda Item N/A N/A N/A N/A 28 Authority to Set For Against Against General Meeting Notice Period at 14 Days 29 Amendments to Articles For For For 30 Kingfisher Incentive For For For Share Plan Komatsu Limited 6301 CINS J /18/2014 Voted Japan Proponent Rec Vote Cast For/Against 1 Non-Voting Meeting Note N/A N/A N/A N/A 2 Allocation of For For For 3 Elect Kunio Noji For Against Against 4 Elect Tetsuji Ohhashi For Against Against 5 Elect Mikio Fujitsuka For Against Against 6 Elect Fujitoshi Takamura For Against Against 7 Elect Hisashi Shinozuka For Against Against 8 Elect Kazunori Kuromoto For Against Against 9 Elect Masanao Mori For Against Against 10 Elect Kohichi Ikeda For Against Against 11 Elect Masayuki Oku For Against Against 12 Elect Mitoji Yabunaka For Against Against 13 Elect Hirohide For For For Yamaguchi as Statutory Auditor 14 Bonus For Against Against 15 Stock Option For Against Against for Employees of the Company and Directors of Major Subsidiaries Legrand LGR CINS F /27/2014 Voted Mix France Proponent Rec Vote Cast For/Against

20 1 Non-Voting Meeting Note N/A N/A N/A N/A 2 Non-Voting Meeting Note N/A N/A N/A N/A 3 Non-Voting Meeting Note N/A N/A N/A N/A 4 Accounts and Reports For For For 5 Consolidated Accounts For For For and Reports 6 Allocation of For For For 7 Elect Olivier Bazil For Against Against 8 Elect Francois Grappotte For Against Against 9 Elect Dongsheng Li For Against Against 10 Elect Gilles Schnepp For Against Against 11 Remuneration of Gilles For For For Schnepp, Chairman and CEO 12 Directors' Fees For For For 13 Authority to Repurchase For For For Shares 14 Authority to Cancel For For For Shares and Reduce Share Capital 15 Authority to Issue For For For Shares w/ Preemptive Rights 16 Authority to Issue For Against Against Shares w/o Preemptive Rights 17 Authority to Issue For Against Against Shares Through Private Placement 18 Greenshoe For Against Against 19 Authority to Increase For For For Capital Through Capitalizations 20 Employee Stock Purchase For Against Against Plan 21 Authority to Increase For Against Against Capital in Consideration for Contribution in Kind 22 Global Ceiling on For Against Against Capital Increases 23 Authorization of Legal For For For Formalities Marks and Spencer Group plc MKS CINS G5824M107 07/09/2013 Voted United Kingdom Proponent Rec Vote Cast For/Against 1 Accounts and Reports For For For 2 Directors Remuneration For Against Against

21 Report 3 Allocation of For For For 4 Elect Patrick For For For Bousquet-Chavanne 5 Elect Andy Halford For For For 6 Elect Steve Rowe For For For 7 Elect Manvinder Banga For For For 8 Elect Marc Bolland For For For 9 Elect Miranda Curtis For For For 10 Elect John Dixon For For For 11 Elect Martha Lane Fox For For For 12 Elect Steven Holliday For For For 13 Elect Jan du Plessis For For For 14 Elect Alan Stewart For For For 15 Elect Robert Swannell For For For 16 Elect Laura Wade-Gery For For For 17 Appointment of Auditor For Against Against 18 Authority to Set For Against Against Auditor's Fees 19 Authority to Issue For Against Against Shares w/ Preemptive Rights 20 Authority to Issue For For For Shares w/o Preemptive Rights 21 Authority to Repurchase For For For Shares 22 Authority to Set For Against Against General Meeting Notice Period at 14 Days 23 Authorisation of For Against Against Political Donations MasterCard Incorporated MA CUSIP 57636Q104 06/03/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Richard For For For Haythornthwaite 2 Elect Ajay S. Banga For For For 3 Elect Silvio Barzi For For For 4 Elect David R. Carlucci For For For 5 Elect Steven J. Freiberg For For For 6 Elect Julius Genachowski For For For 7 Elect Merit E. Janow For For For 8 Elect Nancy J. Karch For For For 9 Elect Marc Olivie For For For 10 Elect Rima Qureshi For For For 11 Elect Jose Octavio For For For Reyes

22 Lagunes 12 Elect Jackson P. Tai For Against Against 13 Elect Edward Suning Tian For For For 14 Advisory Vote on For For For 15 Ratification of Auditor For For For Microsoft Corporation MSFT CUSIP /19/2013 Voted Proponent Rec Vote Cast For/Against 1 Elect Steven A. Ballmer For Against Against 2 Elect Dina Dublon For For For 3 Elect William H. Gates For For For III 4 Elect Maria Klawe For For For 5 Elect Stephen J. Luczo For For For 6 Elect David F. Marquardt For For For 7 Elect Charles H. Noski For For For 8 Elect Helmut G. W. Panke For For For 9 Elect John W. Thompson For Against Against 10 Approval of the For For For Material Terms of the Officer Incentive Plan 11 ADVISORY VOTE ON For For For EXECUTIVE COMPENSATION 12 Ratification of Auditor For For For Mylan Inc. MYL CUSIP /11/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Heather Bresch For For For 2 Elect Wendy Cameron For Against Against 3 Elect Robert J. Cindrich For For For 4 Elect Robert J. Coury For For For 5 Elect JoEllen Lyons For For For Dillon 6 Elect Neil F. Dimick For For For 7 Elect Melina Higgins For For For 8 Elect Douglas J. Leech For For For 9 Elect Rajiv Malik For For For 10 Elect Joseph C. Maroon For For For 11 Elect Mark Parrish For Against Against 12 Elect Rodney L. Piatt For Against Against 13 Elect Randall L. For For For Vanderveen 14 Ratification of Auditor For For For 15 Advisory Vote on For Against Against

23 16 Shareholder Proposal ShrHoldr Against For Against Regarding Independent Board Chairman National Australia Bank Limited NAB CINS Q /19/2013 Voted Australia Proponent Rec Vote Cast For/Against 1 Non-Voting Meeting Note N/A N/A N/A N/A 2 Ratify Placement of For For For Securities 3 Remuneration Report For For For 4 Equity Grant (MD/CEO For For For Cameron Clyne) 5 Re-elect Daniel T. For Against Against Gilbert 6 Re-elect Jillian S. For Against Against Segal 7 Re-elect Anthony KT Yuen For Against Against 8 Elect David Barrow Against Against For 9 Non-Voting Meeting Note N/A N/A N/A N/A National Grid Plc NG CINS G6375K151 07/29/2013 Voted United Kingdom Proponent Rec Vote Cast For/Against 1 Accounts and Reports For For For 2 Allocation of For For For 3 Elect Sir Peter Gershon For For For 4 Elect Steven Holliday For For For 5 Elect Andrew Bonfield For For For 6 Elect Thomas B. King For For For 7 Elect Nick Winser For For For 8 Elect Philip Aiken For Against Against 9 Elect Nora Brownell For For For 10 Elect Jonathan Dawson For For For 11 Elect Paul Golby For For For 12 Elect Ruth Kelly For For For 13 Elect Maria Richter For For For 14 Elect Mark Williamson For For For 15 Appointment of Auditor For For For 16 Authority to Set For For For Auditor's Fees 17 Directors' Remuneration For For For Report

24 18 Authority to Issue For Against Against Shares w/ Preemptive Rights 19 Authority to Issue For For For Shares w/o Preemptive Rights 20 Authority to Repurchase For For For Shares 21 Authority to Set For Against Against General Meeting Notice Period at 14 Days Natura Cosmeticos SA NATU3 CINS P7088C106 04/11/2014 Voted Brazil Proponent Rec Vote Cast For/Against 1 Non-Voting Meeting Note N/A N/A N/A N/A 2 Non-Voting Meeting Note N/A N/A N/A N/A 3 Non-Voting Meeting Note N/A N/A N/A N/A 4 Accounts and Reports For For For 5 Allocation of For For For 6 Board Size For For For 7 Election of Board For Against Against Member(s) of Minority Shareholders 8 Remuneration Policy For Against Against 9 Non-Voting Meeting Note N/A N/A N/A N/A Natura Cosmeticos SA NATU3 CINS P7088C106 04/11/2014 Voted Special Brazil Proponent Rec Vote Cast For/Against 1 Non-Voting Meeting Note N/A N/A N/A N/A 2 Non-Voting Meeting Note N/A N/A N/A N/A 3 Amendments to Articles For For For Regarding Management Board Size and Elections 4 Amendments to Articles For For For Regarding Management Responsibilities

25 5 Consolidation of For For For Articles Nestle S.A. NESN CINS H /10/2014 Take No Action Switzerland Proponent Rec Vote Cast For/Against 1 Non-Voting Meeting Note N/A N/A TNA N/A 2 Accounts and Reports For TNA N/A 3 Report For TNA N/A 4 Ratification of Board For TNA N/A and Management Acts 5 Allocation of For TNA N/A 6 Amendments to Articles For TNA N/A 7 Elect Peter For TNA N/A Brabeck-Letmathe 8 Elect Paul Bulcke For TNA N/A 9 Elect Andreas Koopmann For TNA N/A 10 Elect Rolf Hanggi For TNA N/A 11 Elect Beat Hess For TNA N/A 12 Elect Daniel Borel For TNA N/A 13 Elect Steven G. Hoch For TNA N/A 14 Elect Naina Lal Kidwai For TNA N/A 15 Elect Titia de Lange For TNA N/A 16 Elect Jean-Pierre Roth For TNA N/A 17 Elect Ann Veneman For TNA N/A 18 Elect Henri de Castries For TNA N/A 19 Elect Eva Cheng For TNA N/A 20 Election of Chairman For TNA N/A 21 Elect Beat Hess as For TNA N/A Committee Member 22 Elect Daniel Borel as For TNA N/A Committee Member 23 Elect Andreas Koopmann For TNA N/A as Committee Member 24 Elect Jean-Pierre Roth For TNA N/A as Committee Member 25 Appointment of Auditor For TNA N/A 26 Appointment of For TNA N/A Independent Proxy 27 Non-Voting Agenda Item N/A N/A TNA N/A 28 MANAGEMENT RECOMMENDS A For TNA N/A FOR VOTE ON THIS PROPOSAL: Management recommends a FOR vote on this proposal: Vote in accordance with the

26 proposal of the Board of Directors 29 PLEASE NOTE THAT THIS For TNA N/A RESOLUTION IS A SHAREHOLDER PROPOSAL: Vote against the proposal of the Board of Directors 30 PLEASE NOTE THAT THIS For TNA N/A RESOLUTION IS A SHAREHOLDER PROPOSAL: Abstain Nike Inc. NKE CUSIP /19/2013 Voted Proponent Rec Vote Cast For/Against 1.1 Elect Alan B. Graf, Jr. For For For 1.2 Elect John C. Lechleiter For Withhold Against 1.3 Elect Phyllis M. Wise For For For 2 Advisory Vote on For Against Against 3 Ratification of Auditor For For For 4 Shareholder Proposal ShrHoldr Against For Against Regarding Political Contributions and Expenditures Report OMV AG OMV CINS A /14/2014 Voted Austria Proponent Rec Vote Cast For/Against 1 Non-Voting Agenda Item N/A N/A N/A N/A 2 Allocation of For For For 3 Ratification of For Against Against Management Board Acts 4 Ratification of For Against Against Supervisory Board Acts 5 Supervisory Board For For For Members' Fees

27 6 Appointment of Auditor For For For 7 Long Term Incentive For For For Plan Matching Share Plan For For For 9 Elect Murtadha Al For Against Against Hashmi 10 Elect Alyazia Al Kuwaiti For Against Against 11 Elect Wolfgang C.G. For Against Against Berndt 12 Elect Elif For Against Against Bilgi-Zapparoli 13 Elect Helmut Draxler For Against Against 14 Elect Roy A. Franklin For Against Against 15 Elect Rudolf Kemler For Against Against 16 Elect Wolfram Littich For Against Against 17 Elect Herbert Stepic For Against Against 18 Elect Herbert Werner For Against Against 19 Increase in Authorized For Against Against Capital for Employee Incentive Plans Oracle Corporation ORCL CUSIP 68389X105 10/31/2013 Voted Proponent Rec Vote Cast For/Against 1.1 Elect Jeffrey S. Berg For For For 1.2 Elect Raymond Bingham For Withhold Against 1.3 Elect Michael J. Boskin For For For 1.4 Elect Safra A. Catz For Withhold Against 1.5 Elect Bruce R. Chizen For Withhold Against 1.6 Elect George H. Conrades For Withhold Against 1.7 Elect Lawrence J. For For For Ellison 1.8 Elect Hector For For For Garcia-Molina 1.9 Elect Jeffrey O. Henley For For For 1.10 Elect Mark V. Hurd For For For 1.11 Elect Naomi O. Seligman For Withhold Against 2 Advisory Vote on For Against Against 3 Amendment to the 2000 For Against Against Long-Term Incentive Plan 4 Ratification of Auditor For For For 5 Shareholder Proposal ShrHoldr Against For Against Regarding Human Rights Committee 6 Shareholder Proposal ShrHoldr Against For Against Regarding Independent Board Chairman

28 7 Shareholder Proposal ShrHoldr Against For Against Regarding Counting Abstentions 8 Shareholder Proposal ShrHoldr Against For Against Regarding the Use of Multiple Metrics for Performance Measures 9 Shareholder Proposal ShrHoldr Against For Against Regarding Shareholder Approval of Specific Performance Metrics in Equity Plans Pentair Ltd. PNR CUSIP H6169Q108 05/20/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Glynis A. Bryan For Against Against 2 Elect Jerry W. Burris For For For 3 Elect Carol Anthony For For For Davidson 4 Elect T. Michael Glenn For Against Against 5 Elect David H. Y. Ho For For For 6 Elect Randall J. Hogan For For For 7 Elect David A. Jones For Against Against 8 Elect Ronald L. Merriman For For For 9 Elect William T. Monahan For Against Against 10 Elect Billie Ida For For For Williamson 11 Elect Randall J. Hogan For Against Against as Chairman of the Board of Directors 12 Elect David A. Jones For Against Against 13 Elect Glynis A. Bryan For Against Against 14 Elect T. Michael Glenn For Against Against 15 Elect William T. Monahan For Against Against 16 Elect Proxy Voting For For For Services Gmbh as the Independent Proxy 17 Accounts and Reports For For For 18 Indemnification of For For For Directors and Officers 19 Appointment of For For For Statutory Auditor 20 Appointment of For For For Independent Auditor 21 Appointment of Special For For For Auditor

29 22 Allocation of Available For For For Earnings 23 Dividend from Capital For For For Reserves 24 Advisory Vote on For Against Against 25 Renewal of Authorized For For For Capital Pentair Ltd. PNR CUSIP H6169Q111 05/20/2014 Voted Proponent Rec Vote Cast For/Against 1 Redomestication from For Against Against Switzerland to Ireland 2 Elimination of Voting For For For Restrictions on 20% Holders 3 Reduction in Share For For For Premium Account PepsiCo, Inc. PEP CUSIP /07/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Shona L. Brown For For For 2 Elect George W. Buckley For For For 3 Elect Ian M. Cook For For For 4 Elect Dina Dublon For For For 5 Elect Rona A. Fairhead For For For 6 Elect Ray L. Hunt For For For 7 Elect Alberto Ibarguen For For For 8 Elect Indra K. Nooyi For For For 9 Elect Sharon Percy For For For Rockefeller 10 Elect James J. Schiro For For For 11 Elect Lloyd G. Trotter For For For 12 Elect Daniel Vasella For For For 13 Elect Alberto Weisser For For For 14 Ratification of Auditor For For For 15 Advisory Vote on For For For 16 Approval of For For For Incentive Plan

30 17 Shareholder Proposal ShrHoldr Against Abstain Against Regarding Approval of Political Contributions Policy 18 Shareholder Proposal ShrHoldr Against For Against Regarding Retention of Shares Until Retirement Pfizer Inc. PFE CUSIP /24/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Dennis A. Ausiello For For For 2 Elect W. Don Cornwell For For For 3 Elect Frances D. For For For Fergusson 4 Elect Helen H. Hobbs For For For 5 Elect Constance J. For For For Horner 6 Elect James M. Kilts For For For 7 Elect George A. Lorch For For For 8 Elect Shantanu Narayen For For For 9 Elect Suzanne Nora For For For Johnson 10 Elect Ian C. Read For For For 11 Elect Stephen W. Sanger For For For 12 Elect Marc For For For Tessier-Lavigne 13 Ratification of Auditor For For For 14 Advisory Vote on For For For Stock Plan For Against Against 16 SHAREHOLDER PROPOSAL ShrHoldr Against Abstain Against REGARDING APPROVAL OF POLITICAL CONTRIBUTIONS POLICY 17 Shareholder Proposal ShrHoldr Against For Against Regarding Lobbying Report 18 Shareholder Proposal ShrHoldr Against For Against Regarding Right to Act by Written Consent PNC Financial Services Group Inc. PNC CUSIP /22/2014 Voted Proponent Rec Vote Cast For/Against

31 1 Elect Richard O. Berndt For Against Against 2 Elect Charles E. Bunch For Against Against 3 Elect Paul W. Chellgren For Against Against 4 Elect William S. Demchak For Against Against 5 Elect Andrew T. For Against Against Feldstein 6 Elect Kay Coles James For Against Against 7 Elect Richard B. Kelson For Against Against 8 Elect Anthony A. Massaro For Against Against 9 Elect Jane G. Pepper For Against Against 10 Elect Donald J. Shepard For Against Against 11 Elect Lorene K. Steffes For Against Against 12 Elect Dennis F. Strigl For Against Against 13 Elect Thomas J. Usher For Against Against 14 Elect George H. Walls, For Against Against Jr. 15 Elect Helge H. Wehmeier For Against Against 16 Ratification of Auditor For For For 17 Advisory Vote on For Against Against 18 Shareholder Proposal ShrHoldr Against For Against Regarding Lending Portfolio Exposure To Climate Change Risk Praxair, Inc. PX CUSIP 74005P104 04/22/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Stephen F. Angel For For For 2 Elect Oscar de Paula For Against Against Bernardes Neto 3 Elect Nance K. Dicciani For Against Against 4 Elect Edward G. Galante For Against Against 5 Elect Claire W. Gargalli For Against Against 6 Elect Ira D. Hall For For For 7 Elect Raymond W. LeBoeuf For For For 8 Elect Larry D. McVay For For For 9 Elect Denise L. Ramos For For For 10 Elect Wayne T. Smith For Against Against 11 Elect Robert L. Wood For For For 12 Advisory Vote on For Against Against 13 Amendment and For Against Against Restatement of the 2009 Long Term Incentive Plan 14 Ratification of Auditor For For For PT Bank Rakyat Indonesia

32 BBRI CINS Y0697U112 03/26/2014 Voted Indonesia Proponent Rec Vote Cast For/Against 1 Accounts and Reports For For For 2 Allocation of For For For 3 Directors' and For Against Against Commissioners' Fees 4 Appointment of Auditor For For For 5 Amendments to Articles For Abstain Against QUALCOMM Incorporated QCOM CUSIP /04/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Barbara T. For For For Alexander 2 Elect Donald G. For For For Cruickshank 3 Elect Raymond V. For For For Dittamore 4 Elect Susan Hockfield For For For 5 Elect Thomas W. Horton For For For 6 Elect Paul E. Jacobs For For For 7 Elect Sherry Lansing For For For 8 Elect Steven M. For For For Mollenkopf 9 Elect Duane A. Nelles For For For 10 Elect Clark T. Randt, For For For Jr. 11 Elect Francisco Ros For For For 12 Elect Jonathan J. For For For Rubinstein 13 Elect Brent Scowcroft For For For 14 Elect Marc I. Stern For For For 15 Ratification of Auditor For For For 16 Advisory Vote on For For For 17 Frequency of Advisory 1 Year 1 Year For Vote on

33 Resona Holdings Inc 8308 CINS J6448E106 06/20/2014 Voted Japan Proponent Rec Vote Cast For/Against 1 Non-Voting Meeting Note N/A N/A N/A N/A 2 Elect Kazuhiro Higashi For Against Against 3 Elect Tetsuya Kan For For For 4 Elect Yuji Furukawa For For For 5 Elect Kaoru Isono For Against Against 6 Elect Shuhsai Nagai For Against Against 7 Elect Emi Ohsono For For For 8 Elect Toshio Arima For Against Against 9 Elect Yohko Sanuki For Against Against 10 Elect Mitsudo Urano For For For 11 Elect Tadamitsu Matsui For Against Against Rio Tinto plc RIO CUSIP /15/2014 Voted Proponent Rec Vote Cast For/Against 1 Accounts and Reports For For For 2 Remuneration Policy For For For (Binding - UK) 3 Remuneration Report For For For (Advisory - UK) 4 Remuneration Report For For For (Advisory - AUS) 5 Approve Termination For For For Payments 6 Elect Anne Lauvergeon For For For 7 Elect Simon R. Thompson For For For 8 Elect Robert E. Brown For For For 9 Elect Jan du Plessis For Against Against 10 Elect Michael For For For Fitzpatrick 11 Elect Ann Godbehere For For For 12 Elect Richard R. For For For Goodmanson 13 Elect Lord John Kerr of For For For Kinlochard 14 Elect Chris J. Lynch For For For 15 Elect Paul M. Tellier For For For 16 Elect John S. Varley For For For 17 Elect Samuel M.C. Walsh For For For 18 Appointment of Auditor For For For 19 Authority to Set For For For Auditor's Fees 20 Authority to Issue For Against Against

34 Shares w/ Preemptive Rights 21 Authority to Issue For For For Shares w/o Preemptive Rights 22 Authority to Repurchase For For For Shares 23 Authority to Set For Against Against General Meeting Notice Period at 14 Days 24 Scrip Dividend For For For Royal Bank Of Canada RY CUSIP /26/2014 Voted Canada Proponent Rec Vote Cast For/Against 1.1 Elect W. Geoffrey For For For Beattie 1.2 Elect David F. Denison For For For 1.3 Elect Richard L. George For For For 1.4 Elect Timothy J. Hearn For For For 1.5 Elect Alice D. Laberge For For For 1.6 Elect Michael H. McCain For Withhold Against 1.7 Elect Heather E.L. For For For Munroe-Blum 1.8 Elect Gordon M. Nixon For For For 1.9 Elect J. Pedro Reinhard For For For 1.10 Elect Thomas A. Renyi For For For 1.11 Elect Edward Sonshine For Withhold Against 1.12 Elect Kathleen P. Taylor For For For 1.13 Elect Bridget A. van For For For Kralingen 1.14 Elect Victor L. Young For For For 2 Appointment of Auditor For For For 3 Advisory Vote on For For For 4 Shareholder Proposal ShrHoldr Against Against For Regarding Phasing Out Stock Options 5 Shareholder Proposal ShrHoldr Against For Against Regarding Actions in Response to OECD Plans 6 Shareholder Proposal ShrHoldr Against Against For Regarding Auditor Tendering Process 7 Shareholder Proposal ShrHoldr Against Against For Regarding Response to Shareholder Vote on

35 8 Shareholder Proposal ShrHoldr Against Against For Regarding Response to Shareholder Vote Against Directors Shiseido Co Ltd 4911 CINS J /25/2014 Voted Japan Proponent Rec Vote Cast For/Against 1 Non-Voting Meeting Note N/A N/A N/A N/A 2 Allocation of For For For 3 Elect Masahiko Uotani For Against Against 4 Elect Carsten Fischer For Against Against 5 Elect Tsunehiko Iwai For Against Against 6 Elect Yu Okazawa For Against Against 7 Elect Tohru Sakai For Against Against 8 Elect Shohichiroh Iwata For Against Against 9 Elect Taeko Nagai For Against Against 10 Elect Tatsuo Uemura For Against Against 11 Elect Yoshinori For For For Nishimura as a Statutory Auditor 12 Bonus For For For 13 Equity Plan For Against Against Singapore Telecommunications Limited Z74 CINS Y /26/2013 Voted Singapore Proponent Rec Vote Cast For/Against 1 Accounts and Reports For For For 2 Allocation of For For For 3 Elect Simon C. Israel For Against Against 4 Elect Peter E. Mason For Against Against 5 Elect David M. Gonski For Against Against 6 Directors' Fees For For For 7 Appointment of Auditor For Against Against and Authority to Set Fees 8 Authority to Issue For Against Against Shares w/ or w/o Preemptive Rights 9 Non-Voting Agenda Item N/A N/A N/A N/A 10 Non-Voting Agenda Item N/A N/A N/A N/A 11 Non-Voting Agenda Item N/A N/A N/A N/A 12 Authority to Grant For For For Awards and Issue Shares under the SingTel Performance

36 Share Plan 13 Non-Voting Agenda Item N/A N/A N/A N/A Singapore Telecommunications Limited Z74 CINS Y /26/2013 Voted Special Singapore Proponent Rec Vote Cast For/Against 1 Authority to Repurchase For For For Shares 2 Grant of Shares to Chua For For For Sock Koong Standard Chartered plc STAN CINS G /08/2014 Voted United Kingdom Proponent Rec Vote Cast For/Against 1 Accounts and Reports For For For 2 Allocation of For For For 3 Remuneration Policy For Against Against (Binding) 4 Remuneration Report For Against Against (Advisory) 5 Elect Kurt Campbell For For For 6 Elect Christine Hodgson For Against Against 7 Elect Naguib Kheraj For For For 8 Elect Om Prakesh Bhatt For For For 9 Elect Jaspal S. Bindra For For For 10 Elect Louis CHEUNG Chi For Against Against Yan 11 Elect HAN Seung-Soo For For For 12 Elect Simon J. Lowth For For For 13 Elect Ruth Markland For Against Against 14 Elect John G.H. Paynter For Against Against 15 Elect John Peace For Against Against 16 Elect A. Michael G. Rees For For For 17 Elect Peter A. Sands For For For 18 Elect Viswanathan For For For Shankar 19 Elect Paul D. Skinner For Against Against 20 Elect Lars H. Thunell For For For 21 Disapplication of For For For Shareholding Requirement (Kurt Campbell) 22 Appointment of Auditor For For For 23 Authority to Set For For For Auditor's Fees 24 Authorisation of For Against Against

37 Political Donations 25 Authority to Issue For Against Against Shares w/ Preemptive Rights 26 Authority to Issue For Against Against Repurchased Shares w/ Preemptive Rights 27 Authority to Issue For For For Equity Conversion Notes w/ Preemptive Rights 28 Scrip Dividend For For For 29 Authority to Issue For For For Shares w/o Preemptive Rights 30 Authority to Issue For Against Against Equity Conversion Notes w/o Preemptive Rights 31 Authority to Repurchase For For For Shares 32 Authority to Repurchase For For For Preference Shares 33 Authority to Set For Against Against General Meeting Notice Period at 14 Days 34 Maximum Variable For For For Payment Ratio 35 Non-Voting Meeting Note N/A N/A N/A N/A Starbucks Corporation SBUX CUSIP /19/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Howard Schultz For For For 2 Elect William W. Bradley For For For 3 Elect Robert M. Gates For For For 4 Elect Mellody Hobson For For For 5 Elect Kevin R. Johnson For Against Against 6 Elect Olden Lee For Against Against 7 Elect Joshua C. Ramo For For For 8 Elect James G. Shennan, For Against Against Jr. 9 Elect Clara Shih For Against Against 10 Elect Javier G. Teruel For Against Against 11 Elect Myron E. Ullman For Against Against III 12 Elect Craig E. Weatherup For For For 13 Advisory Vote on For Against Against

38 14 Ratification of Auditor For For For 15 Shareholder Proposal ShrHoldr Against For Against Regarding Prohibition of Political Spending 16 Shareholder Proposal ShrHoldr Against For Against Regarding Independent Board Chairman Starwood Hotels & Resorts Worldwide, Inc. HOT CUSIP 85590A401 05/01/2014 Voted Proponent Rec Vote Cast For/Against 1 Elect Frits van For For For Paasschen 2 Elect Bruce W. Duncan For Against Against 3 Elect Adam M. Aron For For For 4 Elect Charlene For For For Barshefsky 5 Elect Thomas E. Clarke For For For 6 Elect Clayton C. Daley, For For For Jr. 7 Elect Lizanne Galbreath For For For 8 Elect Eric Hippeau For For For 9 Elect Aylwin B. Lewis For Against Against 10 Elect Stephen R. Quazzo For For For 11 Elect Thomas O. Ryder For For For 12 Advisory Vote on For For For 13 Ratification of Auditor For For For Statoil ASA STL CUSIP 85771P102 05/14/2014 Voted Proponent Rec Vote Cast For/Against 1 Election of Presiding For For For Chairman 2 Agenda For For For 3 Minutes For For For 4 Accounts and Reports; For For For Allocation of 5 Shareholder Proposal ShrHoldr Against For Against Regarding Withdrawal from Canadian Oil Sands