Strengthening Our investment Escalation Message from Key highlights our stewardship Our progress Our purpose approach and Our approach and exercising Our aspirations for 37 Pension Protection Fund Responsible Investment Report 2022/23 our Chair of the year commitment at a glance and governance incorporating ESG to engagement shareholder rights the coming year Appendices ESCALATION AND EXERCISING SHAREHOLDER RIGHTS CONTINUED Voting activity 2022/23 Shareholder resolutions Meeting with at least one Vote against Regional breakdown Votes on shareholder vote against management How we voted 2022/23 management by issue of votes resolutions per region Europe 9% United Kingdom 1% 4,664 53,791 9,463 4,664 1,858 Developed Asia 8% 1,858 North America 34% EM and Frontier Markets 48% Australia & New Zealand 2% Report Against With Grand Meetings with at least one 68% Against management 16% Audit + Accounts 498 Europe 13% Category ISS Category Abstain Management Management Total vote against management Meetings with management 32% With management 82% Amend Articles 807 United Kingdom 7% Governance Corporate 1 85 15 101 Abstain 1% Capital Structure + Dividends 763 Developed Asia 18% Governance Withhold 1% Board Structure 4,335 North America 21% Other Miscellaneous 0 19 174 193 Remuneration 2,173 EM and Frontier Markets 39% Environmental E&S Blended 0 10 30 40 and Social Other 158 Australia & New Zealand 2% Climate & Environmental 0 85 69 154 Shareholder Resolution 454 Environment Governance Shareholder Resolution 131 Compensation Compensation 0 35 35 70 Social & Ethical Social Social 3 163 47 213 Shareholder Resolution 79 Proposal Environment Investment/M&A 58 Routine Audit Related 4 0 197 201 Poison Pill/Anti-Takeover Device 7 Business Directors' Director 3 59 69 131 Related Related Economic Non-Routine 0 11 11 22 Issues Business Directors' Director 15 176 472 663 Related Election Routine Company 0 8 22 30 Business Articles Routine Routine 0 6 34 40 Business Business Grand Total 26 657 1,175 1,858