Q1 2023 spotlight on

NET-ZERO SURVEY FINDINGS
What do individuals know and think about net zero, and what are the implications for investors?
Summary of stewardship activities
Voting profile: Q1 2023
During the quarter, we exercised our clients’ voting rights at a total of 324 shareholder meetings.
Across all regions, votes were instructed against management recommendations on 148 separate resolutions, which equated to 46% of the 324 meetings.
1 In favour of management on all resolutions.
2 Against management on one or more resolutions. Including abstentions and withhold votes where there was no option to vote against.
3 Took no action owing to share blocking.

2
took no action3

174
in favour of management1

0
abstained

148
against management2
Important information
Your capital may be at risk. The value of investments and the income from them can fall as well as rise and investors may not get back the original amount invested.
Any reference to a specific security, country or sector should not be construed as a recommendation to buy or sell investments in those countries or sectors. Please note that portfolio holdings and positioning are subject to change without notice.
Newton manages a variety of investment strategies. Whether and how ESG considerations are assessed or integrated into Newton’s strategies depends on the asset classes and/or the particular strategy involved, as well as the research and investment approach of each Newton firm. ESG may not be considered for each individual investment and, where ESG is considered, other attributes of an investment may outweigh ESG considerations when making investment decisions.