ABN AMRO Investment Solutions and/or Neuflize OBC Investissements (“AA-IS”) votes for its mandates and investment funds, with the exception of cases examined by the general meetings commission of AA-IS. AA-IS exercises its voting rights for all “Undertaking for Collective Investments” (“UCIs”), including French and foreign open-ended investment funds managed by it directly or indirectly (if the latter is entrusted to delegates). The voting scope takes into account all of the custodians with which AA-IS works, subject to operational interfacing. In the context of our fiduciary role, they consider that adequately taking into account environmental, social and governance issues can have a positive impact on performance and should therefore be taken into consideration in the investment policy and in their relations with listed companies. So, AA-IS shareholder voting policy is based on ABN AMRO group’s shareholder engagement policy and on AFG’s recommendations (AFG is the French professional organisation for asset managers).