Shareholder Resolutions 2025

Topic	Subject	Resolution	Company	Meeting Date	NILGOSC Vote	Rationale
Board	Board Composition	To amend the Bylaws so as to require that the Chairman of the Board shall be an independent director	McKesson Corp	31/07/2024	For	The Company already meet this criteria, however adoption of this proposal would ensure continued alignment with globally accepted best practice.
Sustainability	Human Rights & Workforce	To request the Board to adopt report on risks of state policies restricting reproductive health care	McKesson Corp	31/07/2024	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request that the Board reports to disclosure of Regenerative Agriculture Practices Within Supply Chain	General Mills Inc	24/09/2024	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request that the Board reports on Plastic Packaging	General Mills Inc	24/09/2024	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request the Board to prepare a report to shareholders on Racial and Gender Pay Gaps	Procter & Gamble Co	08/10/2024	For	Increased transparency is considered to be in shareholder’s best interests.
Sustainability	Human Rights & Workforce	To request the Board report to shareholders on risks of weapons development	Microsoft Corp	10/12/2024	For	Increased transparency is considered to be in shareholders’ best interests.
Corporate Actions	Company Purpose & Strategy	To request the Board report to shareholders on Assessment of Investing in Bitcoin	Microsoft Corp	10/12/2024	Against	Request is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Sustainability	Human Rights & Workforce	To request the Board report to shareholders on Data Operations in Human Rights Hotspots	Microsoft Corp	10/12/2024	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request the Board report to shareholders on Artificial Intelligence and Machine Learning Tools for Oil and Gas Development and Production	Microsoft Corp	10/12/2024	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request the Board report to shareholders on AI Misinformation and Disinformation	Microsoft Corp	10/12/2024	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request the Board report to shareholders on Data Sourcing Accountability	Microsoft Corp	10/12/2024	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request that the Board report to shareholders on racial and gender pay gaps	Visa Inc	28/01/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Sustainability	Human Rights & Workforce	To request that the Board report to shareholders on merchant category codes	Visa Inc	28/01/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Board	Election Rules	To request that the Board adopt a director resignation Bylaw	Visa Inc	28/01/2025	For	The proposal aligns with best practice and would improve shareholders’ rights.
Political Activity	Political Activity	To request the Board to prepare a report to shareholders on lobbying	Visa Inc	28/01/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request that the Board report on ethical AI data acquisition and usage	Apple Inc	25/02/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances. Current disclosure is considered to be adequate.
Sustainability	Human Rights & Workforce	To request that the Board report on costs and benefits of child sex abuse material-identifying software & user privacy	Apple Inc	25/02/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances. Current disclosure is considered to be adequate.
Sustainability	Human Rights & Workforce	To request that the Board cease DEI efforts	Apple Inc	25/02/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Charitable Activity	Charitable Engagement	To request the Board to prepare a report to shareholders on charitable giving	Apple Inc	25/02/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances. Current disclosure is considered to be adequate.
Sustainability	Human Rights & Workforce	To request that the Board report to shareholders on racial and gender hiring statistics	Deere & Co Inc	26/02/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Sustainability	Human Rights & Workforce	To request that the Board report to shareholders on effectiveness of efforts to create a meritocratic workplace	Deere & Co Inc	26/02/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Other ESG	To request that the Board report to shareholders on corporate financial sustainability	Deere & Co Inc	26/02/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Sustainability	Human Rights & Workforce	To request a civil rights audit	Deere & Co Inc	26/02/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Charitable Activity	Charitable Engagement	To request that the Board report to shareholders on charitable giving	Deere & Co Inc	26/02/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances. Current disclosure is considered to be adequate.
Sustainability	Environmental Practices	To request annual disclosure of CIBC’s Energy Supply Ratio	Canadian Imperial Bank of Commerce	03/04/2025	For	Proposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To report annually on measures to prevent and reduce the risk of financing companies linked to forced or child labour	Canadian Imperial Bank of Commerce	03/04/2025	For	Increased transparency on this issue is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To disclose employees’ language fluency by jurisdiction across all operating territories	Canadian Imperial Bank of Commerce	03/04/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To adopt an annual advisory vote on the Bank’s environmental and climate objectives and action plan	Canadian Imperial Bank of Commerce	03/04/2025	For	Proposal is considered to be in shareholders’ best interests.
Sustainability	Ethical Business Practices	To disclose non-confidential country-by-country reporting on compensation and tax practices annually	Canadian Imperial Bank of Commerce	03/04/2025	For	Proposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To disclose industry specific carbon risk scores and client transition plans aligned with CIBC’s 2030 targets	Canadian Imperial Bank of Commerce	03/04/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Remuneration	Remuneration – Other	To disclose internal pay metrics and their influence on executive compensation	Canadian Imperial Bank of Commerce	03/04/2025	For	Proposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests. Concerns with current Remuneration policy and disclosure
Sustainability	Human Rights & Workforce	To request the Board of Directors to oversee and publish a third-party racial equity audit	Bank of Nova Scotia	08/04/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request the bank to report on measures taken to combat forced labour and child labour in the loan portfolios, starting in 2026	Bank of Nova Scotia	08/04/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request the bank to adhere to advanced Generative AI Systems and Code of Conduct	Bank of Nova Scotia	08/04/2025	For	Proposal would improve alignment with best practice.
Sustainability	Human Rights & Workforce	To request the bank to disclose of languages spoken fluently by employees	Bank of Nova Scotia	08/04/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request the bank to adopt an annual advisory vote regarding its climate objectives and action plan	Bank of Nova Scotia	08/04/2025	For	Proposal is considered to be in shareholders’ best interests.
Sustainability	Ethical Business Practices	To request the bank disclose non-confidential information, country-by-country reporting, compensation ratios and tax havens	Bank of Nova Scotia	08/04/2025	For	Proposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests.
Remuneration	Remuneration – Other	To request the disclosure of internal pay metrics that explain compensation comparison between executive and non-executive employees	Royal Bank of Canada	10/04/2025	For	Proposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests. Concerns with current Remuneration policy and disclosure.
Sustainability	Human Rights & Workforce	To report on measures being taken during the previous year to prevent and reduce the risk of loans being granted to companies using forced labour and child labour	Royal Bank of Canada	10/04/2025	For	Increased transparency on this issue is considered to be in shareholders’ best interest.
Sustainability	Human Rights & Workforce	To adhere to the Voluntary Code of Conduct on the Responsible Development and Management of Advanced Generative AI Systems	Royal Bank of Canada	10/04/2025	For	Proposal would improve alignment with best practice.
Sustainability	Human Rights & Workforce	To disclose languages mastered by employees	Royal Bank of Canada	10/04/2025	For	Increased transparency on this issue is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To adopt an annual advisory voting policy regarding its environmental and climate change objectives and action plan	Royal Bank of Canada	10/04/2025	For	Proposal is considered to be in shareholders’ best interests.
Sustainability	Ethical Business Practices	To annually disclose non-confidential information, country-by-country reporting, pay ratios and tax havens	Royal Bank of Canada	10/04/2025	For	Proposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To produce a report on the loans it granted over the past few years in support of a circular economy	Royal Bank of Canada	10/04/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Shareholder Rights	General Meeting Procedures	To hold annual meetings in person, virtual meetings being in addition to, not in replacement of, in-person meetings	Royal Bank of Canada	10/04/2025	Against	Current policies and processes are considered to be sufficient.
Political Activity	Political Activity	To request the Board to prepare a report to shareholders on the Company’s political donations	Charter Communications Inc	22/04/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Board	Election Rules	To request the Board to nominate more director candidates	Bank of America Corp	22/04/2025	Against	Current policies and processes are considered to be sufficient.
Sustainability	Animal welfare	To request a report on board oversight of risks related to animal welfare	Bank of America Corp	22/04/2025	For	Increased transparency on this issue is considered to be in shareholders’ best interest.
Sustainability	Environmental Practices	To request the Board to prepare a report to shareholders on climate lobbying	Bank of America Corp	22/04/2025	For	Increased transparency on this issue is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request that the Board reports to shareholders on energy financing ratio	Bank of America Corp	22/04/2025	For	Proposal is considered to be in shareholders’ best interests.
Shareholder Rights	General Meeting Procedures	To request the Board to take the steps necessary to amend the Bylaws so that shareholders may call a special shareholder meeting	IQVIA Holdings Inc	24/04/2025	For	Increased alignment to best practice and in the best interests of shareholders.
Remuneration	Remuneration – Other	To request that the Board adopt a policy to seek shareholder approval of senior managers’ new or renewed pay package that provides for golden parachute payments	Johnson & Johnson Inc	24/04/2025	For	Proposal is considered to be in shareholders’ best interests. Concerns with current Remuneration policy.
Sustainability	Human Rights & Workforce	To urge the Board of Directors to oversee conduct of human rights due diligence to produce a human rights impact assessment	Johnson & Johnson Inc	24/04/2025	For	Increased transparency on this issue is considered to be in shareholders’ best interests.
Political Activity	Political Activity	To request the Board to prepare a report to shareholders on lobbying	International Business Machines Corp	29/04/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To approve a shareholder proposal requesting an annual report on hiring and recruitment discrimination	International Business Machines Corp	29/04/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Sustainability	Ethical Business Practices	To request the Board issue a third party assessment on the Company’s efforts to assess and mitigate potential health harms associated with the use of non-sugar sweeteners	Coca-Cola Co; The	30/04/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request the company to publish a report that identifies the types and quantities of food and beverage waste in its global waste streams including related disposal methods and establishes measurable/timebound targets for reducing that waste	Coca-Cola Co; The	30/04/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Board	Board Committee	To request the Board of Directors to form an Improper Influence Committee to evaluate potential undue influence on Company decisions and publish a report on their findings by the end of 2025	Coca-Cola Co; The	30/04/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Remuneration	Remuneration – Other	To request the Board of Directors’ Talent and Compensation Committee to revisit its incentive guidelines for executive pay, to identify and consider eliminating discriminatory DEI goals from compensation inducements	Coca-Cola Co; The	30/04/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Political Activity	Political Activity	To request the Board to publish a report, six months before the next AGM, on the negative impacts of associating the brand with politically divisive events against its stated goals	Coca-Cola Co; The	30/04/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request Board to evaluate and report within a year on how it manages risks of discrimination against ad buyers and sellers based on political or religious views, while protecting proprietary and confidential information	Coca-Cola Co; The	30/04/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Shareholder Rights	General Meeting Procedures	To request the Board to take the steps necessary to amend the Bylaws so that shareholders may call a special shareholder meeting	Molina Healthcare Inc	30/04/2025	For	Proposal aligns with best practice and would improve shareholder rights.
Shareholder Rights	General Meeting Procedures	To request the Board to amend the Bylaws to remove the one-year holding requirement for calling a special shareholder meeting	Church & Dwight Co Inc	01/05/2025	Against	Proposal does not align with best practice.
Remuneration	Remuneration – Other	To request the improvement of the executive compensation program	Intuitive Surgical Inc	01/05/2025	For	Increased transparency is considered to be in shareholders’ best interests. Concerns held with current Remuneration policy.
Remuneration	Remuneration – Other	To request that the Board adopt a policy requiring a non-binding shareholder vote on senior managers’ new or renewed pay packages that include severance or termination payments exceeding 2.99 times the sum of base salary and target short-term bonus.	Intuitive Surgical Inc	01/05/2025	For	Concerns held with current Remuneration policy
Remuneration	Remuneration – Other	To request that the Board adopt a policy to seek shareholder approval of senior managers’ new or renewed pay package that provides for golden parachute payments	Illinois Tool Works Inc	02/05/2025	For	Proposal is considered to be in shareholders’ best interests. Concerns held with current Remuneration policy – excessive severance provisions in place.
Sustainability	Environmental Practices	To request that the Company publish a report regarding the costs and benefits of Berkshire Hathaway Energy’s voluntary environmental activities	Berkshire Hathaway Inc	03/05/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Remuneration	Remuneration – Other	To request that the Company disclose the highest NEO’s pay ratio	Berkshire Hathaway Inc	03/05/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request the Board of Directors conduct an evaluation and issue a civil rights and non-discrimination report within the next year	Berkshire Hathaway Inc	03/05/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Sustainability	Human Rights & Workforce	To request that the Board of Directors oversee an independent racial discrimination audit	Berkshire Hathaway Inc	03/05/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Sustainability	Human Rights & Workforce	To request that the Company designate a Board Committee to oversee the Company’s diversity and inclusion strategy	Berkshire Hathaway Inc	03/05/2025	For	Proposal is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request that the Company annually disclose its clean energy financing ratio	Berkshire Hathaway Inc	03/05/2025	For	Proposal is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request that the Board charter a new committee of independent directors to address risks associated with the development and deployment of AI across the Company’s operations	Berkshire Hathaway Inc	03/05/2025	For	Proposal is considered to be in shareholders’ best interests.
Political Activity	Political Activity	To request the Board to prepare a report to shareholders on the Company’s political spendings	CBOE Global Markets Inc	06/05/2025	For	Increased transparency is considered to be in Shareholders’ best interests.
Shareholder Rights	General Meeting Procedures	To request the Board to take the steps necessary to amend the Bylaws so that shareholders may call a special shareholder meeting	NVR Inc	06/05/2025	For	Proposal aligns with best practice and would improve shareholder rights.
Sustainability	Ethical Business Practices	To request a third party assessment on non-sugar sweetener risks	Pepsico Inc	07/05/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request a third party racial equity audit	Pepsico Inc	07/05/2025	For	Increased transparency on this issue is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request the Board report to shareholders on biodiversity and nature loss	Pepsico Inc	07/05/2025	For	Increased sustainability reporting is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request the Board to adopt Sustainable Packaging Policies for Plastics	Pepsico Inc	07/05/2025	For	Increased transparency and alignment to best practice for sustainability issues is considered to be in shareholders’ best interests.
Remuneration	Remuneration – Other	To request that the Board amend the clawback policy	Union Pacific Corp	08/05/2025	For	Increased accountability is considered to be in shareholders’ best interests.
Remuneration	Remuneration – Other	To request that the Board adopt a policy to seek shareholder approval of senior managers’ new or renewed pay package that provides for golden parachute payments	Capital One Financial Corp	08/05/2025	For	Proposal is considered to be in shareholders’ best interests. Concerns held with current Remuneration policy – excessive severance provisions in place.
Shareholder Rights	General Meeting Procedures	To request the Board to amend the governing documents to implement simple majority voting provisions	Abbvie Inc	09/05/2025	For	Proposal improves alignment with best practice.
Board	Board Composition	To request that the Board establish a policy of the Chairman being an independent director	Colgate-Palmolive Co	09/05/2025	For	Proposal aligns with best practice and NILGOSC policy.
Sustainability	Environmental Practices	To request the Board to Revisit Plastic Packaging Policies	Colgate-Palmolive Co	09/05/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Sustainability	Environmental Practices	To request the Board to remove policies to reduce emissions	ConocoPhillips	13/05/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Sustainability	Environmental Practices	To request that the Board reports on how it plans to reduce its total contribution to climate change	Centene Corp	13/05/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request that the Board reports disclosing if and how the Company is protecting retirement plan beneficiaries from increased future portfolio risk created by present-day investments in high-carbon companies	Centene Corp	13/05/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request the Board to report on the Effectiveness of Diversity, Equity, and Inclusion Efforts	Elevance Health Inc	14/05/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Shareholder Rights	General Meeting Procedures	To request the Board to take the steps necessary to amend the Bylaws so that shareholders may call a special shareholder meeting	Advanced Micro Devices Inc	14/05/2025	Against	Proposal does not align with best practice.
Remuneration	Remuneration – Other	To request that the Board amend the clawback policy	Fiserv Inc	14/05/2025	For	Increased accountability is considered to be in shareholders’ best interests.
Shareholder Rights	General Meeting Procedures	To request the Board to take the steps necessary to amend the Bylaws so that a lower threshold is required for shareholders to call a special shareholder meeting	Amphenol Corp	15/05/2025	Against	Proposal does not align with best practice.
Sustainability	Environmental Practices	To approve a shareholder proposal regarding greenhouse gas emissions report	Chubb Ltd	15/05/2025	Against	Increased transparency is considered to be in shareholders’ best interests.
Shareholder Rights	General Meeting Procedures	To request the Board to take the steps necessary to amend the Bylaws so that shareholders may act by written consent	CDW Corp	20/05/2025	For	Proposal is considered to be in shareholders’ best interests.
Shareholder Rights	General Meeting Procedures	To request the Board to take the steps necessary to amend the Bylaws so that shareholders may call a special shareholder meeting	Verisk Analytics Inc	20/05/2025	For	Proposal improves alignment with best practice and is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request the Board to evaluate and report how it oversees risks related to discrimination against ad buyers and sellers based on their political or religious status or views	McDonald’s Corp	20/05/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances. Current policies and processes are considered to be sufficient.
Sustainability	Environmental Practices	To request that the Company to disclose an assessment of whether its current climate transition plans and related resource commitments can reasonably achieve its 2030 and 2050 emissions reduction targets, or whether additional plans or commitments are necessary.	McDonald’s Corp	20/05/2025	For	Increased transparency is considered to be in shareholders’ best interest
Remuneration	Remuneration – Other	To request the Board of Directors’ Compensation Committee to revisit its incentive guidelines for executive pay, to identify and consider eliminating discriminatory DEI goals from compensation inducements	McDonald’s Corp	20/05/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Board	Board Composition	To request that the Board establish a policy of separating the roles of Chairperson and Chief Executive Officer	Amazon.com Inc	21/05/2025	For	Proposal aligns with best practice and NILGOSC policy.
Sustainability	Human Rights & Workforce	To request the board to provide a report on civil liberties in advertising services	Amazon.com Inc	21/05/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Sustainability	Environmental Practices	To request the Company to disclose all material Scope 3 greenhouse gas emissions associated with its retail sales	Amazon.com Inc	21/05/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request the Company to provide a report that assesses the impact of the data centres they are planning to build on their climate commitments	Amazon.com Inc	21/05/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request the Board to commission an independent, third-party assessment of its structure in providing oversight of human rights risks associated with AI	Amazon.com Inc	21/05/2025	For	Proposal improves alignment with best practice.
Sustainability	Environmental Practices	To request the Board to issue a report on packaging materials	Amazon.com Inc	21/05/2025	For	Increased transparency and accountability for plastics is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request the Board to prepare a report to shareholders on warehouse working conditions	Amazon.com Inc	21/05/2025	For	Increased transparency for employee welfare is considered to be in shareholder’ best interests.
Sustainability	Human Rights & Workforce	To request the Company to issue a report on data usage oversight in AI offerings	Amazon.com Inc	21/05/2025	For	Increased transparency regarding data use and privacy is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request the board to commission an independent assessment of compliance with the Company’s Supplier & Partner Code of Conduct on freedom of association and collective bargaining, and disclose the findings	Mondelēz International Inc	21/05/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request the Board to report on flexible plastic packaging	Mondelēz International Inc	21/05/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request the Board to prepare a report to shareholders on climate lobbying	Mondelēz International Inc	21/05/2025	For	Increased transparency is considered to be in shareholders’ best interests. Proposal aligns with NILGOSC policy.
Sustainability	Human Rights & Workforce	To request the Board to commission an independent third-party report assessing the effectiveness of the company’s implementation of its Human Rights Policy	Mondelēz International Inc	21/05/2025	For	Increased transparency on this issue is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request the Board to report on recycled content claims	Mondelēz International Inc	21/05/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Board	Election Rules	To approve the amendment to the Company By-Laws requiring annual director resignations	Phillips 66	21/05/2025	For	Proposal is considered to be in shareholders’ best interests.
Board	Directors – elect	To re-elect as a director, Brian Coffman	Phillips 66	21/05/2025	Withhold	NILGOSC will support the Board’s nominees
Board	Directors – elect	To re-elect as a director, Sigmund Cornelius	Phillips 66	21/05/2025	Withhold	NILGOSC will support the Board’s nominees
Board	Directors – elect	To re-elect as a director, Michael Heim	Phillips 66	21/05/2025	Withhold	NILGOSC will support the Board’s nominees
Board	Directors – elect	To re-elect as a director, Stacy Nieuwoudt	Phillips 66	21/05/2025	Withhold	NILGOSC will support the Board’s nominees
Shareholder Rights	General Meeting Procedures	To request the Board to take the steps necessary to amend the Bylaws so that a lower threshold is required for shareholders to call a special shareholder meeting	Hartford Insurance Group Inc; The	21/05/2025	For	Proposal aligns with best practice and would improve shareholder rights.
Sustainability	Environmental Practices	To request on Climate lobbying alignment	Verizon Communications Inc	22/05/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request on Lead-sheathed cable report	Verizon Communications Inc	22/05/2025	For	Increased risk management transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To approve a shareholder proposal regarding an annual report on discrimination in advertising services	Verizon Communications Inc	22/05/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Board	Board Composition	To request that the Board establish a policy of separating the roles of Chairperson and Chief Executive Officer	Home Depot Inc; The	22/05/2025	For	Proposal aligns with best practice and NILGOSC policy.
Sustainability	Environmental Practices	To approve a shareholder proposal regarding biodiversity impact and dependence assessment	Home Depot Inc; The	22/05/2025	For	Increased sustainability transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request that the Board issue a report describing how the Company could match its peers in making its packaging recyclable, reusable, or compostable	Home Depot Inc; The	22/05/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Board	Election Rules	To request that the Board take the steps necessary to de-classify the Board	Charles Schwab Corp; The	22/05/2025	For	Proposal aligns with best practice and NILGOSC policy.
Remuneration	Remuneration – Other	To request that the Board adopt a policy to seek shareholder approval of senior managers’ new or renewed pay package that provides for golden parachute payments	GE HealthCare Technologies Inc	28/05/2025	For	Proposal is considered to be in shareholders’ best interests. Concerns are held with current severance provisions.
Shareholder Rights	Shareholder Rights	To request the Board to eliminate the dual class voting structure in favour of one-share one vote	Meta Platforms Inc	28/05/2025	For	Proposal aligns with best practice and NILGOSC policy.
Shareholder Rights	Shareholder Rights	To request the Board disclose voting results based on class of shares	Meta Platforms Inc	28/05/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To approve a shareholder proposal regarding hate targeting marginalized communities	Meta Platforms Inc	28/05/2025	For	Increased accountability is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request the Board to report on child safety impacts and actual harm reduction to children on its platforms	Meta Platforms Inc	28/05/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request the Board to report on the company’s use of deepfake identifying software to combat the risks of online child exploitation	Meta Platforms Inc	28/05/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To approve a shareholder proposal regarding AI data usage oversight	Meta Platforms Inc	28/05/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request that the Board reports to shareholders on GHG emissions reduction actions	Meta Platforms Inc	28/05/2025	For	Increased sustainability disclosures are considered to be in shareholders’ best interests.
Corporate Actions	Company Purpose & Strategy	To approve a shareholder proposal regarding Bitcoin Treasury Assessment	Meta Platforms Inc	28/05/2025	Against	Current processes are considered to be sufficient.
Sustainability	Human Rights & Workforce	To request the Board to prepare a report to shareholders on data collection and advertising practices	Meta Platforms Inc	28/05/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Shareholder Rights	General Meeting Procedures	To request the Board for a non-biding stockholder vote regarding proposal that won 49% BKNG shareholder support	Booking Holdings Inc	03/06/2025	For	Proposal aligns with best practice and would improve shareholder rights.
Sustainability	Environmental Practices	To request the Board to prepare a report to shareholders on how it plans to align its supply chain GHG emissions reduction strategies with its zero emissions ambition	General Motors Co	03/06/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Shareholder Rights	Shareholder Rights	To request the Company to disclose the voting results by class of shares	Airbnb Inc	04/06/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request that the Board report to shareholders on health and safety governance	Walmart Inc	05/06/2025	For	Increased workplace safety transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request that the Board report to shareholders on respecting civil liberties in advertising services	Walmart Inc	05/06/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Sustainability	Human Rights & Workforce	To request for third-party assessment of the Company’s policies regarding law enforcement information requests relating to the use of medications by the Company’s customers and employees	Walmart Inc	05/06/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request the Board to prepare a report to shareholders on reduction of plastic packaging and recyclability claims	Walmart Inc	05/06/2025	For	Increased Sustainability transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request the Board to revisit its plastic packaging policies	Walmart Inc	05/06/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Sustainability	Human Rights & Workforce	To request that the Board report to shareholders on racial equity audit	Walmart Inc	05/06/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request that the Board report to shareholders on delays in revising diversity, equity, and inclusion initiatives	Walmart Inc	05/06/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Sustainability	Environmental Practices	To request the Board to Issue a Climate Transition Plan	Netflix Inc	05/06/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Shareholder Rights	General Meeting Procedures	To request the Board to take the steps necessary to amend the Bylaws so that a combined 15% of the outstanding common stock is required for shareholders to call a special shareholder meeting	Netflix Inc	05/06/2025	For	Proposal would improve shareholder rights.
Sustainability	Human Rights & Workforce	To approve a shareholder proposal regarding Amending the Code of Ethics to enhance policies on non-discrimination, anti-harassment, and whistleblower protection	Netflix Inc	05/06/2025	For	Improved labour standards are considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To approve a shareholder proposal regarding Affirmative Action Risks	Netflix Inc	05/06/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Charitable Activity	Charitable Engagement	To request the Board to report on Charitable Giving	Netflix Inc	05/06/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Sustainability	Human Rights & Workforce	To request a human rights assessment of AI driven systems	Alphabet Inc	06/06/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Sustainability	Human Rights & Workforce	To request a report on AI data usage oversight	Alphabet Inc	06/06/2025	For	Increased transparency on this issue is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request a human rights impact assessment of AI-driven targeted ad policies	Alphabet Inc	06/06/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request the Board to prepare a report on the alignment of lobbying activities with child safety policies	Alphabet Inc	06/06/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request the Board to prepare a report on online safety for children	Alphabet Inc	06/06/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Shareholder Rights	General Meeting Procedures	To request the Board to take the steps necessary to amend the Bylaws so that shareholders may act by written consent	Alphabet Inc	06/06/2025	For	Proposal aligns with best practice and is considered to be in the best interests of shareholders..
Remuneration	Remuneration – Other	To request the Board of Directors to adopt a policy that financial metrics shall be adjusted in incentive compensation	Alphabet Inc	06/06/2025	Against	Proposal is considered to be too prescriptive
Charitable Activity	Charitable Engagement	To request the Board a report on charitable partnerships	Alphabet Inc	06/06/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Sustainability	Human Rights & Workforce	To request the Board to cease participation in the Human Rights Campaign’s Corporate Equality Index	Alphabet Inc	06/06/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Sustainability	Environmental Practices	To request that the Board reports an enhanced disclosure on climate goals	Alphabet Inc	06/06/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Shareholder Rights	Shareholder Rights	To request the Board to initiate and adopt a recapitalization plan for all outstanding stock to have one vote per share.	Alphabet Inc	06/06/2025	For	Proposal aligns with best practice and NILGOSC policy.
Sustainability	Human Rights & Workforce	To request the Board to commission an independent third-party report on the Company’s due diligence process for assessing human rights risks related to the use of its products and services in conflict-affected and high-risk areas.	Alphabet Inc	06/06/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Shareholder Rights	Other Articles of Association	To amend the Articles in relation to Equal treatment of company proposals and shareholder proposals in materials for General Meetings of Shareholders and other materials	Nippon Telegraph & Telephone Corp	19/06/2025	For	Proposal is considered to be in shareholders’ best interests.
Shareholder Rights	Other Articles of Association	To amend the Articles in relation to Relaxing the upper limit for the number of characters in the reason section in shareholder proposals	Nippon Telegraph & Telephone Corp	19/06/2025	For	Proposal is considered to be in shareholders’ best interests.
Shareholder Rights	Other Articles of Association	To amend the Articles in relation to formulation and disclosure of a corporate philosophy	Nippon Telegraph & Telephone Corp	19/06/2025	Against	Proposal is considered to be too prescriptive.
Capital	Dividends	To amend the Articles in relation to Information disclosure regarding the capital policy	Nippon Telegraph & Telephone Corp	19/06/2025	Against	Proposal is considered to be too prescriptive.
Board	Other Board/Director related	To amend the Articles in relation to Criteria for nationality of Members of the Board	Nippon Telegraph & Telephone Corp	19/06/2025	Against	Increased diversity is considered to be in shareholders’ best interests.
Shareholder Rights	Other Articles of Association	To amend the Articles in relation to Judgment standard for resolutions of the Board of Directors	Nippon Telegraph & Telephone Corp	19/06/2025	Against	Current policies and processes are considered to be sufficient.
Audit & Reporting	Appropriate profits	To request to appropriate the profits	Nippon Telegraph & Telephone Corp	19/06/2025	Against	Current capital policy is considered to be sufficient.
Remuneration	Remuneration – Other	To request the approval to the issue of share acquisition rights as Stock Options	Nippon Telegraph & Telephone Corp	19/06/2025	Against	Current compensation levels are considered to be sufficient.
Shareholder Rights	Other Articles of Association	To amend the Articles in relation reducing the environmental impact through electronic provision of informational materials to shareholders	Nippon Telegraph & Telephone Corp	19/06/2025	Against	Current policies and processes are considered to be sufficient.
Remuneration	Remuneration – Other	To amend the Articles in relation to Prohibition against lowering the real wages of general employees other than managers and supervisors	Nippon Telegraph & Telephone Corp	19/06/2025	Against	Proposal is considered to be too prescriptive.
Sustainability	Human Rights & Workforce	A shareholder proposal requesting for a racial equity audit report	MasterCard Inc	24/06/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request the Board to report on affirmative action risks	MasterCard Inc	24/06/2025	Against	Proposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Shareholder Rights	General Meeting Procedures	To request the Board to enhance the right of shareholders to call a special meeting by eliminating the one-year holding period requirement	NVIDIA Corp	25/06/2025	For	Proposal is considered to be in shareholders’ best interests.
Board	Election Rules	To request that the Board adopt a director election resignation Bylaw	NVIDIA Corp	25/06/2025	Against	Current policies and processes are considered to be sufficient.
Sustainability	Human Rights & Workforce	To request the Board to prepare a report on workforce data reporting	NVIDIA Corp	25/06/2025	For	Increased transparency is considered to be in Shareholders’ best interests.
Shareholder Rights	Other Articles of Association	To request the board to partially amend the Articles of Incorporation regarding Action to Implement Management that is Conscious of Cost of Capital and Stock Price	Secom Co Ltd	26/06/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Environmental Practices	To request that the Company report on its efforts to educate tobacco customers about the environmental damage caused by improperly discarded tobacco products and on proper disposal methods	Kroger Co; The	26/06/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request that the company report on how implementing worker-driven social responsibility principles would impact its ability to identify and effectively prevent actual and potential human rights abuses, such as forced labour, in the agricultural supply chain	Kroger Co; The	26/06/2025	For	Increased transparency is considered to be in shareholders’ best interests.
Sustainability	Human Rights & Workforce	To request that the Board report on safeguarding the privacy of consumer health data, including risks and strategies related to information requests tied to enforcement of laws restricting reproductive or gender-affirming care	Kroger Co; The	26/06/2025	For	Increased transparency on this issue is considered to be in shareholders’ best interests.