Voting for Value - Twenty Canadian Proxy votes that mattered in 2015

4 2 0 1 5 Voting for Value: Twenty Canadian Proxy votes that mattered in 2015 2015 KEY PROXY VOTE CHECKLIST The following table lists the twenty 2015 key votes by the date of the vote, first for shareholder proposals and then for management proposals. [...] The final results of the vote plus SHARE’s vote recommendations are included in the columns on the right. [...] 10 2 0 1 5 Voting for Value: Twenty Canadian Proxy votes that mattered in 2015 Voting for Value: Twenty Canadian Proxy votes that mattered in 2015 > Director election: independent board chair Hudson’s Bay Company Meeting date June 9, 2015 Voting item Elect Richard Baker as a director Vote result 24.5% Withheld The chair of the board of directors must be an independent director in order to guide th. [...] Brussa as a director Vote result 30% Withheld The board of directors is responsible for overseeing management’s performance in a way that ensures the long-term, sustainable growth of the company. [...] The absence of performance requirements can be seen in the amounts the company paid executive officers compared to the company’s financial performance.