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Optimum Asset Management Inc

PRI reporting framework 2020

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

(Proxy) voting and shareholder resolutions

LEA 12. Typical approach to (proxy) voting decisions

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

Approach

Based on

12.2. Provide an overview of how you ensure that your agreed-upon voting policy is adhered to, giving details of your approach when exceptions to the policy are made.

Optimum Asset Management works with the Groupe Investissement Responsable Inc. (GIR), which is based in Montreal, Quebec. GIR is a Canadian leader in the area of extra-financial strategic advisory services. When executing proxy voting on our behalf, GIR applies our Voting Rights Policy guidelines that were established in 2012. Every year, we review how the agreed-upon voting policy is adhered to by checking all votes casted on our behalf.

12.3. Additional information.[Optional]

At Optimum Asset Management, the board of directors established a Voting Rights Policy in 2012 taking into consideration Environmental, Social, and Governance (ESG) principles within the overall investment process. Therefore, Optimum Asset Management contributes to the improvement of prospective company management in order to facilitate the long-term profitability of their activities.

This Policy enables us to maintain our integrity and reputation, which is the foundation of our relationship with our clients, investment partners, the community, and government bodies. In this regard, Optimum Asset Management, its managers and employees adhere to rigorous and demanding ethical and deontological standards. Generic principles of responsible investing and sustainable development are among these standards.

Optimum Asset Management works with the Groupe Investissement Responsable Inc. (GIR), which is based in Montreal, Quebec. GIR is a Canadian leader in the area of extra-financial strategic advisory services. When executing proxy voting on our behalf, GIR applies our Voting Rights Policy guidelines that were established in 2012.


LEA 13. Percentage of voting recommendations reviewed

13.1. Of the voting recommendations that your service provider made in the reporting year, indicate the percentage that was reviewed by your organisation, giving the reasons.

Percentage of voting recommendations your organisation reviewed

Reasons for review

other description

          Not applicable, no special client requests
        

13.2. Additional information. [Optional]


LEA 14. Securities lending programme (Private)


LEA 15. Informing companies of the rationale of abstaining/voting against management

15.1. Indicate the proportion of votes participated in within the reporting year in which where you or the service providers acting on your behalf raised concerns with companies ahead of voting.

15.3. Additional information. [Optional]


LEA 16. Informing companies of the rationale of abstaining/voting against management

16.1. Indicate the proportion of votes where you, and/or the service provider(s) acting on your behalf, communicated the rationale to companies for abstaining or voting against management recommendations. Indicate this as a percentage out of all eligible votes.

16.4. Additional information. [Optional]


LEA 17. Percentage of (proxy) votes cast

17.1. For listed equities in which you or your service provider have the mandate to issue (proxy) voting instructions, indicate the percentage of votes cast during the reporting year.

Votes cast (to the nearest 1%)

100 %

Specify the basis on which this percentage is calculated

17.3. Additional information. [Optional]


LEA 18. Proportion of ballot items that were for/against/abstentions

18.1. Indicate whether you track the voting instructions that you or your service provider on your behalf have issued.

18.2. Of the voting instructions that you and/or third parties on your behalf have issued, indicate the proportion of ballot items that were:

Voting instructions
Breakdown as percentage of votes cast
For (supporting) management recommendations
68 %
Against (opposing) management recommendations
5 %
Abstentions
27 %
100%

18.3. In cases where your organisation voted against management recommendations, indicate the percentage of companies which you have engaged.

18.4. Additional information. [Optional]


LEA 19. Proportion of ballot items that were for/against/abstentions

19.1. Indicate whether your organisation has a formal escalation strategy following unsuccessful voting.

19.3. Additional information. [Optional]


LEA 20. Shareholder resolutions (Private)


LEA 21. Examples of (proxy) voting activities (Private)


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