Our fiduciary duty to act in the best interest of our clients includes a meaningful commitment to investment stewardship. Through integrated active ownership activities such as proxy voting and engagement on behalf of our clients, we seek to influence long-term corporate performance and exercise shareholder voice. As we onboarded more clients and external managers, our global exposure and influence expanded. Consequently, AIMCo has an even greater opportunity to advocate for important ESG issues that impact long-term corporate performance on an international scale in the context of each jurisdiction (e.g. upholding greater governance standards across Latin American companies or increasing company disclosure across Asia Pacific). Throughout the 2022 proxy voting season, there was a rise in proposals related to human capital management topics, including DEI. Proposals surrounding racial equity audits captured notable interest by shareholders, while other DEI-related proposals focused on issues ranging from harassment transparency, discrimination support and enhanced whistleblowing policies and strategies, to disclosure on median racial and gender pay gaps. Other proposals were put forth relating to labour practices at consumer companies, including addressing working conditions, paid sick leave policies and risks from increasing labour market pressures. Continuing a trend from the 2021 season, an increasing number of governance proposals sought to reduce the threshold required for shareholders to call special meetings, an important step in enhancing shareholder rights.