Our agent's proxy voting policies have been developed based on their independent, objective analysis of leading corporate governance practices and their support of long-term shareholder value. Acadian may change those policies from time to time if we so choose. Acadian also reserves the right to override vote recommendations under certain circumstances but will only do so if we believe that voting contrary to the proxy voting agent's recommendation is in the best interest of clients. Any overrides will be approved by an officer of Acadian and will be documented with the reasons for voting against the proxy voting agent's recommendation. Acadian will also accept specific written proxy voting instructions from a client and communicate those to our agent to implement when voting proxies involving that client's portfolio. Our agent also offers Social Advisory proxy voting guidelines, and we offer these to our clients as appropriate. Voting reports are made available to us for each client on a monthly basis.