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.
The responsible investment team has a dedicated ESG analyst who is responsible to vote on behalf of our assets under management. The proxy voting policy is used as guideline and only allow for abstentions when there are a related party/conflict of interest involved. The assets under management that are being voted on consists of two groups, namely the internal assets managed directly by MML Ltd's investment professionals and a portion of our externally appointed fund managers assets under management. MML Ltd is in the process of taking the proxy voting responsibility back from our appointed external fund managers. This means that our ESG analyst will vote on all governance related resolutions and the external fund managers will continue to vote on corporate actions. In the long term we hope to have taken back most of our proxy voting responsibility that is currently outsourced out to external fund managers. The remaining outsourced portion of assets, under management by external managers, will continue to be voted on our behalf according to their proxy voting policy.