For/Against Mgmt 1A. Elect Jens Alder Management For For For For. 1B. Elect Raymond J. Bromark Management For For For For

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1 Proxy Voting Summary OLD MUTUAL MSCI ESG WORLD INDEX FUND Report Date Range: 01-Aug-15 to 31-Aug-15 CA INC ISIN US Meeting Date 05-Aug-15 Ticker CA Deadline Date 04-Aug-15 Country United States Record Date 08-Jun-15 Blocking No Vote Date 01-Aug-15 1A. Elect Jens Alder Management For For For For 1B. Elect Raymond J. Bromark Management For For For For 1C. Elect Gary J. Fernandes Management For For For For 1D. Elect Michael P. Gregoire Management For For For For 1E. Elect Rohit Kapoor Management For For For For 1F. Elect Jeffrey G. Katz Management For For For For 1G. Elect Kay Koplovitz Management For For For For 1H. Elect Christopher B. Lofgren Management For Against Against Against Vote Note: Adopted forum selection clause in past year w/o shareholder approval 1I. Elect Richard Sulpizio Management For For For For 1J. Elect Laura S. Unger Management For For For For 1K. Elect Arthur F. Weinbach Management For For For For 1L. Elect Ron Zambonini Management For For For For 2. Ratification of Auditor Management For For For For 3. Advisory Vote on Executive Compensation Management For For For For policies or programs unless (1) we have voted against other components of the company s remuneration or compensation package in a separate proposal, in which case we will vote against such policy or program; (2) Glass Lewis recommends a vote against equity or compensation plans for executive or non-executive directors, in which case we will vote a case-by-case basis. Additionally, we vote against advisory proposals Old MSCI World ESG Index Fund - Old A/C No 997 State Street Bank-US (837) 3, Aug-15 Totals 3,400

2 INVESTEC PLC ISIN GB00B17BBQ50 Meeting Date 06-Aug-15 Ticker Deadline Date 30-Jul-15 Country United Kingdom Record Date 04-Aug-15 Blocking No Vote Date 27-Jul-15 1 Elect Glynn R. Burger Management For For For For 2 Elect Cheryl A. Carolus Management For For For For 3 Elect Perry K.O. Crosthwaite Management For For For For 4 Elect Hendrik du Toit Management For For For For 5 Elect Bradley Fried Management For For For For 6 Elect David Friedland Management For Against Against Against Vote Note: Affiliate/Insider on audit committee 7 Elect Bernard Kantor Management For For For For 8 Elect Ian R. Kantor Management For For For For 9 Elect Stephen Koseff Management For For For For 10 Elect Peter R.S. Thomas Management For For For For 11 Elect Fani Titi Management For For For For 12 Elect Charles Jacobs Management For For For For 13 Elect Mark Malloch-Brown Management For For For For 14 Elect Khumo Shuenyane Management For For For For 15 Elect Zarina Bibi Mahomed Bassa Management For For For For 16 Elect Laurel Charmaine Bowden Management For For For For 17 Remuneration Report (Advisory) Management For Against Against Against Vote Note: Section X-H Additionally, we vote against advisory proposals 18 Remuneration Policy (Binding) Management For For For For policies or programs. 21 Audit Committee Report Management For For For For Vote Note: Section I-B We vote for management proposals seeking approval of financial statements and director and auditor reports. 23 Allocation of Interim Dividend for Ordinary Shareholders (Investec Limited) Management For For For For Vote Note: Section I-C We vote for management proposals concerning allocation of income and the distribution of dividends. 24 Allocation of Final Dividend for Ordinary and Preference Shareholders Management For For For For (Investec Limited) Vote Note: Section I-C We vote for management proposals concerning allocation of income and the distribution of dividends. 25 Appointment of Joint Auditor (Ernst & Young) (Investec Limited) Management For For For For 26 Appointment of Joint Auditor (KPMG) (Investec Limited) Management For For For For 2

3 27 General Authority to Issue Ordinary Shares (Investec Limited) Management For For For For Vote Note: Section IX-B We vote for the ability to increase share capital by up to 100% through a rights issue (with preemptive rights). We vote for general issuance requests without preemptive rights for up to 20% of a company's outstanding capital as long as the maximum discount for newly issued capital is no more than 5%. 28 General Authority to Issue Preference Shares (Investec Limited) Management For For For For Vote Note: Section IX-G. 29 General Authority to Issue Non-Participating Preference Shares (Investec Management For For For For Limited) Vote Note: Section IX-G. 30 General Authority to Issue Special Convertible Shares (Investec Limited) Management For For For For Vote Note: Section IX-G. 31 Authority to Repurchase Shares (Investec Limited) Management For For For For 32 Authority to Repurchase Preference Shares (Investec Limited) Management For For For For 33 Approve Financial Assistance (Investec Limited) Management For For For For 34 Approve NEDs' Fees (Investec Limited) Management For For For For Vote Note: Section X-H Section X-H We vote for proposals to approve remuneration policies or programs unless (1) we have voted against other components of the company s remuneration or compensation package in a separate proposal, in which case we will vote against such policy or program; (2) Glass Lewis recommends a vote against equity or compensation plans for non-executive directors, in which case we will vote a case-by-case basis. 35 Amendment to Authorised Share Capital Management For For For For Vote Note: Section IX-A We vote for proposals to increase the authorized common stock as long as the shares requested are less than twice the present limit. 36 Amendments to Articles (Annexure A Memorandum of Incorporation Management For For For For Investec Limited) Vote Note: Section VII-A We vote for proposals seeking to amend a company's articles of association; procedures; processes and/or other company documents unless Glass Lewis recommends a vote Against. 37 Amendments to Articles (Annexure B Memorandum of Incorporation Management For For For For Investec Limited) Vote Note: Section VII-A We vote for proposals seeking to amend a company's articles of association; procedures; processes and/or other company documents unless Glass Lewis recommends a vote Against. 38 s and Reports (Investec plc) Management For For For For Vote Note: Section I-B We vote for management proposals seeking approval of financial statements and director and auditor reports. 39 Allocation of Interim Dividend (Investec plc) Management For For For For Vote Note: Section I-C We vote for management proposals concerning allocation of income and the distribution of dividends. 40 Allocation of Final Dividend (Investec plc) Management For For For For Vote Note: Section I-C We vote for management proposals concerning allocation of income and the distribution of dividends. Old MSCI World ESG Index Fund - Old A/C No State Street Bank-Non-US (50P) 8, Jul-15 Totals 8,438 3

4 INVESTEC PLC ISIN GB00B17BBQ50 Meeting Date 06-Aug-15 Ticker Deadline Date 30-Jul-15 Country United Kingdom Record Date 04-Aug-15 Blocking No Vote Date 27-Jul Appointment of Auditor and Authority to Set Fees (Investec plc) Management For For For For 42 Authority to Issue Shares w/ Preemptive Rights (Investec plc) Management For For For For Vote Note: Section IX-B. 43 Authority to Repurchase Ordinary Shares (Investec plc) Management For For For For 44 Authority to Repurchase Preference Shares (Investec plc) Management For For For For 45 Authorisation of Political Donations (Investec plc) Management For For For For Vote Note: Section XIX With respect to any proposal that is not covered by these Guidelines we vote on a case-by-case basis. If a proposal under this item is to be voted on a case-by-case basis, we vote for the proposal if management and Glass Lewis both recommend a vote for such proposal and we vote against the proposal if management and Glass Lewis both recommend a vote against such proposal. Old MSCI World ESG Index Fund - Old A/C No State Street Bank-Non-US (50P) 8, Jul-15 Totals 8,438 SPRINT CORP ISIN US Meeting Date 07-Aug-15 Ticker S Deadline Date 06-Aug-15 Country United States Record Date 09-Jun-15 Blocking No Vote Date 03-Aug Elect Nikesh Arora Management For For For For 1.2 Elect Robert R. Bennett Management For For For For 1.3 Elect Gordon M. Bethune Management For For For For 1.4 Elect Marcelo Claure Management For For For For 1.5 Elect Ronald D. Fisher Management For For For For 1.6 Elect Julius Genachowski Management For For For For 1.7 Elect Michael G. Mullen Management For For For For 1.8 Elect Masayoshi Son Management For Withhold Withhold Against Vote Note: Less than 75% Attendance; Serves on too many boards 1.9 Elect Sara Martinez Tucker Management For For For For 2. Ratification of Auditor Management For Against Against Against Vote Note: Section IV-A we vote against proposals to ratify auditors if the amount of audit and non-audit fees is disclosed and the non-audit fees exceed audit and audit-related fees. 4

5 3. Advisory Vote on Executive Compensation Management For Against Against Against Vote Note: Section X-H We vote against advisory proposals to approve executive compensation if: There is a pay-for-performance disconnect, or The company maintains poor compensation practices Omnibus Incentive Plan Management For For For For Vote Note: Section X-A We vote for executive and director stock option plans unless Glass Lewis recommends a vote against, in which case we will apply the following criteria. For U.S. companies, we vote for plans where dilution for mature companies is less than 15% and for growth companies is less than 20%. Old MSCI World ESG Index Fund - Old A/C No 997 State Street Bank-US (837) 11, Aug-15 Totals 11,700 PRECISION CASTPARTS CORP. ISIN US Meeting Date 11-Aug-15 Ticker PCP Deadline Date 10-Aug-15 Country United States Record Date 09-Jun-15 Blocking No Vote Date 13-Aug-15 1A. Elect Peter B. Delaney Management For Abstain Abstain Against Vote Note: Candidate withdrawn 1B. Elect Mark Donegan Management For For For For 1C. Elect Don R. Graber Management For For For For 1D. Elect Lester L. Lyles Management For For For For 1E. Elect Vernon E. Oechsle Management For For For For 1F. Elect James F. Palmer Management For Abstain Abstain Against Vote Note: Candidate withdrawn 1G. Elect Rick Schmidt Management For For For For 1H. Elect Richard L. Wambold Management For For For For 1I. Elect Timothy A. Wicks Management For For For For 1J. Elect Janet C. Wolfenbarger Management For Abstain Abstain Against Vote Note: Candidate withdrawn 2. Ratification of Auditor Management For For For For 3. Advisory Vote on Executive Compensation Management For Against Against Against Vote Note: Section X-H We vote against advisory proposals to approve executive compensation if: There is a pay-for-performance disconnect, or The company maintains poor compensation practices. 4. Shareholder Regarding Proxy Access Shareholder Against For For Against Vote Note: Section VII. We vote FOR shareholder proposals seeking the right to place nominees on the management proxy only if a proposal limits access to those shareholders (and shareholder groups) who have collectively held at least 3% of the voting power of a company s securities continuously for at least three years. Otherwise we vote AGAINST. Old MSCI World ESG Index Fund - Old A/C No 997 State Street Bank-US (837) 1, Aug-15 Totals 1,800 5

6 J.M. SMUCKER CO. ISIN US Meeting Date 12-Aug-15 Ticker SJMA Deadline Date 11-Aug-15 Country United States Record Date 15-Jun-15 Blocking No Vote Date 08-Aug-15 1A. Elect Vincent C. Byrd Management For For For For 1B. Elect Paul J. Dolan Management For For For For 1C. Elect Nancy Lopez Knight Management For For For For 1D. Elect Elizabeth Valk Long Management For For For For 1E. Elect Gary A. Oatey Management For For For For 1F. Elect Sandra Pianalto Management For For For For 1G. Elect Alex Shumate Management For For For For 1H. Elect Mark T. Smucker Management For Against For For 1I. Elect Timothy P. Smucker Management For For For For 2. Ratification of Auditor Management For For For For 3. Advisory Vote on Executive Compensation Management For For For For policies or programs unless (1) we have voted against other components of the company s remuneration or compensation package in a separate proposal, in which case we will vote against such policy or program; (2) Glass Lewis recommends a vote against equity or compensation plans for executive or non-executive directors, in which case we will vote a case-by-case basis. Additionally, we vote against advisory proposals Equity and Incentive Compensation Plan Management For For Against Against Vote Note: Section X-A We vote against plans under which the option grantors have discretionary authority to grant options to themselves. 5. Shareholder Regarding Increase in Renewable Energy Sourcing Shareholder Against Against Against For Vote Note: Section XIX. Old MSCI World ESG Index Fund - Old A/C No 997 State Street Bank-US (837) 1, Aug-15 Totals 1,100 6

7 MICROCHIP TECHNOLOGY, INC. ISIN US Meeting Date 14-Aug-15 Ticker MCHP Deadline Date 13-Aug-15 Country United States Record Date 18-Jun-15 Blocking No Vote Date 10-Aug Elect Steve Sanghi Management For For For For 1.2 Elect Matthew W. Chapman Management For For For For 1.3 Elect L. B. Day Management For Withhold Withhold Against Vote Note: No independent lead or presiding director 1.4 Elect Esther L. Johnson Management For For For For 1.5 Elect Wade F. Meyercord Management For For For For 2. Approval of Potential Conversion of Senior Debentures Management For For For For Vote Note: Section XIX. 3. Ratification of Auditor Management For For For For 4. Advisory Vote on Executive Compensation Management For For For For policies or programs unless (1) we have voted against other components of the company s remuneration or compensation package in a separate proposal, in which case we will vote against such policy or program; (2) Glass Lewis recommends a vote against equity or compensation plans for executive or non-executive directors, in which case we will vote a case-by-case basis. Additionally, we vote against advisory proposals Old MSCI World ESG Index Fund - Old A/C No 997 State Street Bank-US (837) 2, Aug-15 Totals 2,100 7

8 FLEXTRONICS INTERNATIONAL LTD ISIN SG Meeting Date 20-Aug-15 Ticker FLEX Deadline Date 19-Aug-15 Country Singapore Record Date 22-Jun-15 Blocking No Vote Date 16-Aug-15 1A. Elect Lay Koon Tan Management For For For For 1B. Elect William D. Watkins Management For For For For 2. Elect Lawrence A. Zimmerman Management For For For For 3. Appointment of Auditor and Authority to Set Fees Management For For For For 4. Authority to Issue Ordinary Shares Management For For For For Vote Note: Section IX-B We vote for general issuance requests without preemptive rights for up to 20% of a company's outstanding capital as long as the maximum discount for newly issued capital is no more than 5%. 5. Advisory Vote on Executive Compensation Management For For For For policies or programs unless (1) we have voted against other components of the company s remuneration or compensation package in a separate proposal, in which case we will vote against such policy or program; (2) Glass Lewis recommends a vote against equity or compensation plans for executive or non-executive directors, in which case we will vote a case-by-case basis. Additionally, we vote against advisory proposals S1. Share Purchase Mandate Management For For For For Old MSCI World ESG Index Fund - Old A/C No 997 State Street Bank-US (837) 6, Aug-15 Totals 6,400 DELEK GROUP LTD. ISIN IL Meeting Date 25-Aug-15 Ticker Deadline Date 18-Aug-15 Country Israel Record Date 23-Jul-15 Blocking No Vote Date 15-Aug-15 1 Service Agreement of Gideon Tadmor Management For For For For Vote Note: Section XIX. Old MSCI World ESG Index Fund - Old A/C No Ballot Shares Shares On Loan Vote Date State Street Bank-Non-US (50P) Aug-15 Totals 57 8

9 UNDER ARMOUR INC ISIN US Meeting Date 26-Aug-15 Ticker UA Deadline Date 25-Aug-15 Country United States Record Date 13-Jul-15 Blocking No Vote Date 22-Aug-15 1A. Conversion of Class B Stock if CEO Plank Sells In Excess of Certain Limit Management For For For For 1B. Conversion of Class B Stock if CEO Plank Resigns or is Terminated Management For For For For 1C. Equal Treatment of Class A and B Common Stock in Certain Transactions Management For For For For 1D. Enhance Board Independence Requirements Management For For For For 1E. Requirements to Amend Equal Treatment Provision and Board Independence Management For For For For Provision 2. Amendment to the 2005 Omnibus Long-Term Incentive Plan Management For Against For For Vote Note: Section X-A We vote for executive and director stock option plans unless Glass Lewis recommends a vote against, in which case we will apply the following criteria. For U.S. companies, we vote for plans where dilution for mature companies is less than 15% and for growth companies is less than 20% Class C Employee Stock Purchase Plan Management For Against For For Vote Note: Section X-D. Old MSCI World ESG Index Fund - Old A/C No 997 State Street Bank-US (837) 2, Aug-15 Totals 2,500 9