Overview of the exercise of voting rights 2018
of Baloise Investment Foundation for Pension Funds (BPF) and its voting recommendations for stock hold indirectly

Exercised (BPF)

 Total of ordinary and extraordinary GM as of 30 June 2018: Exercised 4, Recommended 19

Agenda Consents Refusals Abstentions
1. Consents to all applications of the ordinary and extraordinary General Meeting 4    
2. Annual Report and Financial Statements 4 0 0
3. Discharge 4 0 0
4. Profits, Dividend 4 0 0
5. Election of a member of the board 24 0 0
6. Election of the Chairman of the Board of Directors 4 0 0
7. Election of a member of the Remuneration Committee 13 0 0
8. Share capital increase 0 0 0
9. Capital reduction 2 0 0
10. Remuneration Report 4 0 0
11. Election of the statutory auditors 4 0 0
12. Election of the independent proxy 4 0 0
13. Various agenda 4 0 0

Recommendations (stock hold indirectly)

Agenda Consents Refusals Abstentions
1. Consents to all applications of the ordinary and extraordinary General Meeting 11    
2. Annual Report and Financial Statements 19 0 0
3. Discharge 19 0 0
4. Profits, Dividend 19 0 0
5. Election of a member of the board 148 7 0
6. Election of the Chairman of the Board of Directors 17 1 0
7. Election of a member of the Remuneration Committee 61 2 0
8. Share capital increase 0 0 0
9. Capital reduction 3 0 0
10. Remuneration Report 13 5 0
11. Election of the statutory auditors 19 0 0
12. Election of the independent proxy 19 0 0
13. Various agenda 63 3 0

 as of 30 June 2018