This report summarizes proxy voting activity conducted directly by University Pension Plan Ontario (UPP).
Proponent: The entity that put forward the ballot item – either Management or Shareholders.
UPP Vote: How UPP voted on the proposal.
Vote Against Management and Vote Against Recommendation: Indicates if UPP voted against board or management recommendations or our third-party voting vendor’s custom recommendations for UPP.
UPP Rationale: The rationale for all votes against board or management recommendations, shareholder resolutions and votes against our third-party voting vendor’s recommendations.
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