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Public Sector Pension Investment Board

PRI reporting framework 2018

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You are in Direct - Listed Equity Active Ownership » (Proxy) voting and shareholder resolutions » Process

Process

LEA 16. Typical approach to (proxy) voting decisions

16.1. Indicate how you typically make your (proxy) voting decisions.

Approach

Based on

16.2. Provide an overview of how you ensure your voting policy is adhered to, giving details of your approach when exceptions to the policy are made (if applicable).

Our proxy voting guidelines address the subject matters with respect to which we may be requested to vote on from time to time and the principles on which we will rely, at least initially, in determining a response to such requests. These guidelines are, for the most part, codified in our proxy voting platform to ensure that our voting policy is adhered to. In other instances, we consider the specific circumstances of the issue, casting our votes with the view to promote better corporate governance, corporate responsibility and enhanced issuer performance and shareholder value. Any exception to our proxy voting guidelines are discussed internally with appropriate staff members. For shareholder meetings where a strategic resolution is submitted or for strategic investments, the Responsible Investment Group will consult the portfolio manager for vote recommendations when the equities are held in internally managed accounts.

16.3. Additional information.[Optional]


LEA 17. Percentage of voting recommendations reviewed (Not Applicable)


LEA 18. Confirmation of votes (Private)


LEA 19. Securities lending programme (Private)


LEA 20. Informing companies of the rationale of abstaining/voting against management

New selection options have been added to this indicator. Please review your prefilled responses carefully.

20.1. Indicate whether you or the service providers acting on your behalf raise any concerns with companies ahead of voting

          On case by case basis for votes relating to certain ESG issues and for significant shareholdings.
        

20.2. Indicate whether you and/or the service provider(s) acting on your behalf, communicate the rationale to companies, when , you abstain or vote against management recommendations.

20.3. Additional information. [Optional]


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