npx063012eef.htm

 
UNITED STATES
 
SECURITIES AND EXCHANGE COMMISSION
 
Washington, DC 20549
 
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
 
Investment Company Act file number  811-04632
 
The European Equity Fund, Inc.
(Exact name of registrant as specified in charter)

345 Park Avenue
New York, NY  10154
(Address of principal executive offices)             (Zip code)
 
John Millette
Secretary
One Beacon Street
Boston, MA  02108-3106
(Name and address of agent for service)
 
Registrant's telephone number, including area code:  617-295-1000
 
Date of fiscal year end:  12/31
 
Date of reporting period:  7/1/11-6/30/12
 
 
******************************* FORM N-Px REPORT *******************************

ICA File Number: 811-04632
Reporting Period: 07/01/2011 - 06/30/2012
The European Equity Fund, Inc.
 
 
 
 
 
 






======================== The European Equity Fund, Inc. =========================


ADIDAS AG

Ticker:       ADS            Security ID:  D0066B185
Meeting Date: MAY 10, 2012   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2011
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR1 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2011
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2011
5     Approve Remuneration System for         For       For          Management
      Management Board Members
6     Amend Articles Re: Supervisory Board    For       For          Management
      Meetings and Decision Making via
      Electronic Means
7     Amend Articles Re: Registration for     For       For          Management
      and Voting Rights Representation at
      General Meetings
8     Amend Articles Re: Annual Accounts,     For       For          Management
      Discharge of Management and
      Supervisory Boards, Reserves
9     Ratify KPMG as Auditors for Fiscal 2012 For       For          Management


--------------------------------------------------------------------------------

AGGREKO PLC

Ticker:       AGK            Security ID:  G0116S169
Meeting Date: APR 25, 2012   Meeting Type: Annual
Record Date:  APR 23, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accept Financial Statements and         For       For          Management
      Statutory Reports
2     Approve Remuneration Report             For       For          Management
3     Approve Final Dividend                  For       For          Management
4     Re-elect Rupert Soames as Director      For       For          Management
5     Re-elect Angus Cockburn as Director     For       For          Management
6     Re-elect George Walker as Director      For       For          Management
7     Re-elect Bill Caplan as Director        For       For          Management
8     Re-elect Kash Pandya as Director        For       For          Management
9     Re-elect David Hamill as Director       For       For          Management
10    Re-elect Robert MacLeod as Director     For       For          Management
11    Re-elect Russell King as Director       For       For          Management
12    Re-elect Ken Hanna as Director          For       For          Management
13    Reappoint PricewaterhouseCoopers as     For       For          Management
      Auditors
14    Authorise the Audit Committee to Fix    For       For          Management
      Remuneration of Auditors
15    Authorise Issue of Equity with          For       For          Management
      Pre-emptive Rights
16    Approve Increase in Aggregate           For       For          Management
      Compensation Ceiling for Directors
17    Authorise Issue of Equity without       For       For          Management
      Pre-emptive Rights
18    Authorise Market Purchase               For       For          Management
19    Authorise the Company to Call EGM with  For       For          Management
      Two Weeks' Notice
20    Authorise Purchase of B Shares          For       For          Management


--------------------------------------------------------------------------------

AIXTRON SE

Ticker:       AIXA           Security ID:  D0198L143
Meeting Date: MAY 16, 2012   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2011
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.25 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2011
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2011
5     Ratify Deloitte & Touche GmbH as        For       For          Management
      Auditors for Fiscal 2012
6     Approve Creation of EUR 10.4 Million    For       For          Management
      Pool of Capital with Preemptive Rights
7     Approve Issuance of Warrants/Bonds      For       For          Management
      with Warrants Attached/Convertible
      Bonds with Partial Exclusion of
      Preemptive Rights up to Aggregate
      Nominal Amount of EUR 500 Million;
      Approve Creation of EUR 40.7 Million
      Pool of Capital to Guarantee
      Conversion Rights
8     Approve Stock Option Plan for Key       For       For          Management
      Employees; Approve Creation of EUR 4.2
      Pool of Conditional Capital to
      Guarantee Conversion Rights


--------------------------------------------------------------------------------

ALLIANZ SE

Ticker:       ALV            Security ID:  D03080112
Meeting Date: MAY 09, 2012   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2011
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 4.50 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2011
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2011
5.1.1 Elect Wulf Bernotat as Shareholder      For       For          Management
      Representative to the Supervisory Board
5.1.2 Elect Gerhard Cromme as Shareholder     For       For          Management
      Representative to the Supervisory Board
5.1.3 Elect Renate Koecher as Shareholder     For       For          Management
      Representative to the Supervisory Board
5.1.4 Elect Igor Landau as Shareholder        For       For          Management
      Representative to the Supervisory Board
5.1.5 Elect Helmut Perlet as Shareholder      For       For          Management
      Representative to the Supervisory Board
5.1.6 Elect Denis Sutherland as Shareholder   For       For          Management
      Representative to the Supervisory Board
5.2.1 Elect Dante Barban as Employee          For       For          Management
      Representative to the Supervisory Board
5.2.2 Elect Gabriele Burkhardt-Berg as        For       For          Management
      Employee Representative to the
      Supervisory Board
5.2.3 Elect Jean-Jacques Cette as Employee    For       For          Management
      Representative to the Supervisory Board
5.2.4 Elect Ira Gloe-Semler as Employee       For       For          Management
      Representative to the Supervisory Board
5.2.5 Elect Franz Heiss as Employee           For       For          Management
      Representative to the Supervisory Board
5.2.6 Elect Rolf Zimmermann as Employee       For       For          Management
      Representative to the Supervisory Board
5.3.1 Elect Giovanni Casiroli as Alternate    For       For          Management
      Employee Representative to the
      Supervisory Board
5.3.2 Elect Josef Hochburger as Alternate     For       For          Management
      Employee Representative to the
      Supervisory Board
5.3.3 Elect Jean-Claude Le Goaer as           For       For          Management
      Alternate Employee Representative to
      the Supervisory Board
5.3.4 Elect Joerg Reinbrecht as Alternate     For       For          Management
      Employee Representative to the
      Supervisory Board
5.3.5 Elect Juergen Lawrenz as Alternate      For       For          Management
      Employee Representative to the
      Supervisory Board
5.3.6 Elect Frank Kirsch as Alternate         For       For          Management
      Employee Representative to the
      Supervisory Board
6     Amend Articles Re: Term of Supervisory  For       For          Management
      Board Members
7     Authorise Exclusion of Preemptive       For       For          Management
      Rights for the Issuance of Shares from
      Authorized Capital 2010/I


--------------------------------------------------------------------------------

ALSTOM

Ticker:       ALO            Security ID:  F0259M475
Meeting Date: JUN 26, 2012   Meeting Type: Annual/Special
Record Date:  JUN 20, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Financial Statements and        For       For          Management
      Statutory Reports
2     Approve Consolidated Financial          For       For          Management
      Statements and Statutory Reports
3     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.80 per Share
4     Approve Transaction with Patrick Kron   For       For          Management
5     Reelect Jean-Paul Bechat as Director    For       For          Management
6     Reelect Pascal Colombani as Director    For       For          Management
7     Reelect Gerard Hauser as Director       For       For          Management
8     Authorize Repurchase of Up to 10        For       For          Management
      Percent of Issued Share Capital
9     Authorize Issuance of Equity or         For       For          Management
      Equity-Linked Securities with
      Preemptive Rights up to Aggregate
      Nominal Amount of EUR 600 Million
10    Authorize Issuance of Equity or         For       For          Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate
      Nominal Amount of EUR 300 Million
11    Approve Issuance of Shares up to 14.6   For       For          Management
      Percent of Issued Capital Per Year for
      a Private Placement, up to Aggregate
      Nominal Amount of EUR 300 Million
12    Authorize Board to Increase Capital in  For       For          Management
      the Event of Additional Demand Related
      to Delegation Submitted to Shareholder
      Vote Under Items 9 to 11
13    Authorize Capital Increase of up to 10  For       For          Management
      Percent of Issued Capital for Future
      Acquisitions
14    Approve Employee Stock Purchase Plan    For       For          Management
15    Approve Stock Purchase Plan Reserved    For       For          Management
      for Employees of International
      Subsidiaries
16    Authorize Filing of Required            For       For          Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

ANDRITZ AG

Ticker:       ANDR           Security ID:  A11123105
Meeting Date: MAR 22, 2012   Meeting Type: Annual
Record Date:  MAR 12, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports (Non-Voting)
2     Approve Allocation of Income            For       For          Management
3     Approve Discharge of Management Board   For       For          Management
4     Approve Discharge of Supervisory Board  For       For          Management
5     Approve Remuneration of Supervisory     For       For          Management
      Board Members
6     Ratify Auditors                         For       For          Management
7     Elect Supervisory Board Member          For       For          Management
8     Approve 2:1 Stock Split                 For       For          Management
9     Amend Articles Re: Compliance with New  For       For          Management
      Austrian Legislation (Transposition of
      EU Shareholder's Rights Directive)
10    Approve Stock Option Plan               For       For          Management


--------------------------------------------------------------------------------

ATOS

Ticker:       ATO            Security ID:  F06116101
Meeting Date: MAY 30, 2012   Meeting Type: Annual/Special
Record Date:  MAY 24, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Remove Paragraph 5 of Article 25 of     For       Against      Management
      Bylaws Re: Related-Party Transactions
2     Amend Article 28 of Bylaws Re:          For       For          Management
      Electronic Vote
3     Remove Paragraph 12 of Article 16 of    For       For          Management
      Bylaws Re: Employee Shareholder
      Representative
4     Amend Article 14 of Bylaws Re: Length   For       For          Management
      of Term for Directors
5     Approve Change of Corporate Form to     For       For          Management
      Societas Europaea (SE)
6     Subject to Approval of Item 5, Change   For       For          Management
      Company Name to Atos SE
7     Subject to Approval of Items 5 and 6,   For       For          Management
      Approve New Set of Bylaws
8     Subject to Approval of Item 5, Approve  For       For          Management
      Transfer to the Board of Directors of
      All Outstanding Authorizations
9     Approve Reduction in Share Capital via  For       For          Management
      Cancellation of Repurchased Shares
10    Authorize Issuance of Equity or         For       For          Management
      Equity-Linked Securities with
      Preemptive Rights up to Aggregate
      Nominal Amount of EUR 25 Million
11    Authorize Issuance of Equity or         For       Against      Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate
      Nominal Amount of EUR 12.5 Million
12    Authorize Board to Increase Capital in  For       Against      Management
      the Event of Additional Demand Related
      to Delegation Submitted to Shareholder
      Vote Above
13    Authorize Capital Increase of Up to     For       For          Management
      EUR 12.5 Million for Future Exchange
      Offers
14    Authorize Capital Increase of up to 10  For       Against      Management
      Percent of Issued Capital for Future
      Acquisitions
15    Set Total Limit for Capital Increase    For       For          Management
      to Result from All Issuance Requests
      at EUR 25 Million
16    Authorize Capitalization of Reserves    For       For          Management
      for Bonus Issue or Increase in Par
      Value
17    Approve Employee Stock Purchase Plan    For       For          Management
18    Authorize up to 1 Percent of Issued     For       Against      Management
      Capital for Use in Restricted Stock
      Plan
19    Approve Financial Statements and        For       For          Management
      Statutory Reports
20    Approve Consolidated Financial          For       For          Management
      Statements and Statutory Reports
21    Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.50 per Share
22    Approve Stock Dividend Program (Cash    For       For          Management
      or Shares)
23    Authorize Repurchase of Up to 10        For       Against      Management
      Percent of Issued Share Capital
24    Approve Remuneration of Directors in    For       For          Management
      the Aggregate Amount of EUR 500,000
25    Reelect Thierry Breton as Director      For       Against      Management
26    Reelect Rene Abate as Director          For       For          Management
27    Reelect Nicolas Bazire as Director      For       Against      Management
28    Reelect Jean-Paul Bechat as Director    For       For          Management
29    Reelect Bertrand Meunier as Director    For       For          Management
30    Reelect Michel Paris as Director        For       For          Management
31    Reelect Pasquale Pistorio as Director   For       For          Management
32    Reelect Vernon Sankey as Director       For       For          Management
33    Reelect Lionel Zinsou-Derlin as         For       For          Management
      Director
34    Elect Colette Neuville as Director      For       For          Management
35    Subject to Approval of item 5,          For       For          Management
      Acknowledge Continuation of Jean
      Fleming, Aminata Niane, Roland Busch
      Mandates as Directors
36    Renew Appointment of Deloitte et        For       For          Management
      Associes as Auditor
37    Renew Appointment of BEAS as Alternate  For       For          Management
      Auditor
38    Subject to Approval of item 5,          For       For          Management
      Ackowledge Continuation of Grant
      Thornton, IGEC Mandates as  Primary
      and Alternate Auditors
39    Authorize Filing of Required            For       For          Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

AXA

Ticker:       CS             Security ID:  F06106102
Meeting Date: APR 25, 2012   Meeting Type: Annual/Special
Record Date:  APR 20, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Financial Statements and        For       For          Management
      Statutory Reports
2     Approve Consolidated Financial          For       For          Management
      Statements and Statutory Reports
3     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.69 per Share
4     Approve Auditors' Special Report on     For       For          Management
      Related-Party Transactions
5     Reelect Francois Martineau as Director  For       For          Management
6     Elect Stefan Lippe as Director          For       For          Management
7     Elect Doina Palici Chehab as            For       For          Management
      Representative of Employee
      Shareholders to the Board
8     Elect Fewzia Allaouat as                Against   Against      Management
      Representative of Employee
      Shareholders to the Board
9     Elect Olivier Dot Representative of     Against   Against      Management
      Employee Shareholders to the Board
10    Elect Herbert Fuchs Representative of   Against   Against      Management
      Employee Shareholders to the Board
11    Elect Denis Gouyou Beauchamps           Against   Against      Management
      Representative of Employee
      Shareholders to the Board
12    Elect Thierry Jousset Representative    Against   Against      Management
      of Employee Shareholders to the Board
13    Elect Rodney Koch Representative of     Against   Against      Management
      Employee Shareholders to the Board
14    Elect Emmanuel Rame Representative of   Against   Against      Management
      Employee Shareholders to the Board
15    Renew Appointment of                    For       For          Management
      PricewaterhouseCoopers Audit as Auditor
16    Ratify Yves Nicoles as Alternate        For       For          Management
      Auditor
17    Authorize Repurchase of Up to 10        For       For          Management
      Percent of Issued Share Capital
18    Approve Employee Stock Purchase Plan    For       For          Management
19    Approve Stock Purchase Plan Reserved    For       For          Management
      for Employees of International
      Subsidiaries
20    Approve Reduction in Share Capital via  For       For          Management
      Cancellation of Repurchased Shares
21    Amend Article 21 of Bylaws Re:          For       Against      Management
      Related-Party Transactions
22    Amend Article 23 of Bylaws Re:          For       For          Management
      Electronic Signature
23    Authorize Filing of Required            For       For          Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

AXEL SPRINGER AG

Ticker:       SPR            Security ID:  D76169115
Meeting Date: APR 25, 2012   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2011
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.70 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2011
4.1   Approve Discharge of Supervisory Board  For       For          Management
      Members for Fiscal 2011 Apart from
      Friede Springer
4.2   Approve Discharge of Supervisory Board  For       For          Management
      Member Friede Springer for Fiscal 2011
5     Ratify Ernst & Young GmbH as Auditors   For       For          Management
      for Fiscal 2012


--------------------------------------------------------------------------------

BANCO SANTANDER S.A.

Ticker:       SAN            Security ID:  E19790109
Meeting Date: MAR 29, 2012   Meeting Type: Annual
Record Date:  MAR 22, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.A   Accept Individual and Consolidated      For       For          Management
      Financial Statements and Statutory
      Reports for FY 2011
1.B   Approve Discharge of Directors for FY   For       For          Management
      2011
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.60 Per Share
3.A   Elect Esther Gimenez-Salinas Colomer    For       For          Management
      as Director
3.B   Ratify Appointment of and Elect         For       Against      Management
      Vittorio Corbo Lioi as Director
3.C   Reelect Juan Rodriguez Inciarte as      For       Against      Management
      Director
3.D   Reelect Emilio Botin-Sanz de Sautuola   For       Against      Management
      y Garcia de los Rios as Director
3.E   Reelect Matias Rodriguez Inciarte as    For       Against      Management
      Director
3.F   Reelect Manuel Soto Serrano as Director For       Against      Management
4     Renew Appointment of Deloitte as        For       For          Management
      Auditor
5.A   Amend Articles 22, 23, 24, 27, 31, and  For       For          Management
      61
5.B   Amend Article 69                        For       For          Management
6.A   Amend 4, 5, 6, 7, and 8 of General      For       For          Management
      Meeting Regulations
6.B   Amend Articles 18, 19, 21, 22, and 26   For       For          Management
      of General Meeting Regulations
7     Authorize Capital Increase of EUR 500   For       For          Management
      Million
8     Authorize Increase in Capital up to 50  For       For          Management
      Percent via Issuance of Equity or
      Equity-Linked Securities, Excluding
      Preemptive Rights of up to 20 Percent
9.A   Authorize Capital Increase Charged      For       For          Management
      against Voluntary Reserves for Bonus
      Issue; Amend Article 5 of Bylaws
      Accordingly; Approve Listing of Shares
9.B   Authorize Capital Increase Charged      For       For          Management
      against Voluntary Reserves for Bonus
      Issue; Amend Article 5 of Bylaws
      Accordingly; Approve Listing of Shares
9.C   Authorize Capital Increase Charged      For       For          Management
      against Voluntary Reserves for Bonus
      Issue; Amend Article 5 of Bylaws
      Accordingly; Approve Listing of Shares
9.D   Authorize Capital Increase Charged      For       For          Management
      against Voluntary Reserves for Bonus
      Issue; Amend Article 5 of Bylaws
      Accordingly; Approve Listing of Shares
10.A  Authorize Issuance of Convertible Debt  For       For          Management
      Securities up to EUR 8 Billion with 20
      Percent Dilution Limit on Issues
      Excluding Preemptive Rights
10.B  Authorize Issuance of Non-convertible   For       For          Management
      Debt and Fixed-Income Securities up to
      EUR 40 Billion
10.C  Approve New Conversion Date for 2007    For       For          Management
      Mandatorily Convertible Debentures
11.A  Approve Deferred Annual Bonus under     For       For          Management
      Second Cycle of Deferred and
      Conditional Variable Remuneration Plan
11.B  Approve Deferred Annual Share Bonus     For       For          Management
      Plan under Third Cycle of Deferred and
      Conditional Share Plan
11.C  Approve Savings Plan for Santander UK   For       For          Management
      plc Employees and Other Companies of
      Santander Group in UK
12    Authorize Board to Ratify and Execute   For       For          Management
      Approved Resolutions
13    Advisory Vote on Remuneration Report    For       For          Management


--------------------------------------------------------------------------------

BEIERSDORF AG

Ticker:       BEI            Security ID:  D08792109
Meeting Date: APR 26, 2012   Meeting Type: Annual
Record Date:  APR 04, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2011
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.70 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2011
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2011
5     Ratify Ernst & Young as Auditors for    For       For          Management
      Fiscal 2012
6.1   Elect Thomas-B. Quaas to the            For       Against      Management
      Supervisory Board
6.2   Elect Christine Martel to the           For       For          Management
      Supervisory Board
6.3   Elect Beatrice Dreyfus as Alternate     For       For          Management
      Supervisory Board Member for Thomas
      B-Quaas and Christine Martel, if Items
      6.2 and 6.3 Are Approved
7     Approve Affiliation Agreement with      For       For          Management
      Subsidiary Beiersdorf Manufacturing
      Waldheim GmbH
8     Approve Remuneration System for         For       For          Management
      Management Board Members


--------------------------------------------------------------------------------

BOUYGUES

Ticker:       EN             Security ID:  F11487125
Meeting Date: OCT 10, 2011   Meeting Type: Special
Record Date:  OCT 05, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Authorize Directed Share Repurchase     For       For          Management
      Program in Order to Reduce Capital
2     Authorize Filing of Required            For       For          Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

CHR.HANSEN HOLDINGS AS

Ticker:       CHR            Security ID:  K1830B107
Meeting Date: NOV 29, 2011   Meeting Type: Annual
Record Date:  NOV 22, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Report of Board                 None      None         Management
2     Approve Financial Statements and        For       For          Management
      Statutory Reports
3     Approve Allocation of Income and        For       For          Management
      Dividends of DKK 3.57 per Share
4a    Approve Remuneration Policy             For       For          Management
4b    Approve Revised Guidelines for          For       Against      Management
      Incentive-Based Compensation for
      Executive Management and Board
5     Approve Remuneration of Directors       For       For          Management
6     Reelect Ole Andersen as Chairman of     For       For          Management
      Board
7a    Elect Frederic Stevenin as Director     For       For          Management
7b    Elect Henrik Poulsen as Director        For       For          Management
7c    Elect Gaelle d?Engremont as Director    For       For          Management
7d    Elect Mark Wilson as Director           For       For          Management
7e    Elect Didier Debrosse as Director       For       For          Management
8     Ratify ricewaterhouseCoopers as         For       For          Management
      Auditors
9     Approve Creation of DKK 130 Million     For       For          Management
      Pool of Capital without Preemptive
      Rights
10    Authorize Chairman of Meeting to Make   For       For          Management
      Editorial Changes to Adopted
      Resolutions in Connection with
      Registration


--------------------------------------------------------------------------------

COMPAGNIE DE SAINT GOBAIN

Ticker:       SGO            Security ID:  F80343100
Meeting Date: JUN 07, 2012   Meeting Type: Annual/Special
Record Date:  JUN 01, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Financial Statements and        For       For          Management
      Statutory Reports
2     Approve Consolidated Financial          For       For          Management
      Statements and Statutory Reports
3     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.24 per Share
4     Approve Transaction with Wendel Re:     For       For          Management
      Principles and Objectives of their
      Long-Term Partnership
5     Approve Transaction with BNP Paribas    For       For          Management
      and Verallia Re: Listing of Verallia
      Shares
6     Elect Jean-Dominique Senard as Director For       Against      Management
7     Reelect Isabelle Bouillot as Director   For       Against      Management
8     Reelect Bernard Gautier as Director     For       Against      Management
9     Reelect Sylvia Jay as Director          For       For          Management
10    Reelect Frederic Lemoine as Director    For       Against      Management
11    Renew Appointment of KPMG Audit as      For       For          Management
      Auditor
12    Renew Appointment of Fabrice Odent as   For       For          Management
      Alternate Auditor
13    Authorize Repurchase of Up to 10        For       For          Management
      Percent of Issued Share Capital
14    Authorize up to 1 Percent of Issued     For       Against      Management
      Capital for Use in Stock Option Plan
15    Authorize up to 0.8 Percent of Issued   For       Against      Management
      Capital for Use in Restricted Stock
      Plan
16    Authorize Board to Issue Free Warrants  For       Against      Management
      with Preemptive Rights During a Public
      Tender Offer or Share Exchange Offer
17    Authorize Filing of Required            For       For          Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

CONTINENTAL AG

Ticker:       CON            Security ID:  D16212140
Meeting Date: APR 27, 2012   Meeting Type: Annual
Record Date:  APR 05, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2011
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.50 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2011
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2011
5     Ratify KPMG AG as Auditors for Fiscal   For       For          Management
      2012 and Inspection of the Abbreviated
      Financial Statements in Fiscal 2012
6     Approve Creation of EUR 70 Million      For       For          Management
      Pool of Capital with Partial Exclusion
      of Preemptive Rights
7     Approve Cancellation of Capital         For       For          Management
      Authorizations
8     Approve Issuance of Warrants/Bonds      For       For          Management
      with Warrants Attached/Convertible
      Bonds without Preemptive Rights up to
      Aggregate Nominal Amount of EUR 2.5
      Billion; Approve Creation of EUR 51
      Million Pool of Capital to Guarantee
      Conversion Rights
9     Approve Remuneration of Supervisory     For       For          Management
      Board


--------------------------------------------------------------------------------

DANONE

Ticker:       BN             Security ID:  F12033134
Meeting Date: APR 26, 2012   Meeting Type: Annual/Special
Record Date:  APR 20, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Financial Statements and        For       For          Management
      Statutory Reports
2     Approve Consolidated Financial          For       For          Management
      Statements and Statutory Reports
3     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.39 per Share
4     Reelect Richard Goblet D Alviella as    For       Against      Management
      Director
5     Reelect Jean Laurent as Director        For       For          Management
6     Reelect Benoit Potier as Director       For       For          Management
7     Elect Jacques Antoine Granjon as        For       For          Management
      Director
8     Elect Mouna Sepehri as Director         For       For          Management
9     Elect Virginia Stallings as Director    For       For          Management
10    Approve Auditors' Special Report        For       For          Management
      Regarding New Related-Party Transaction
11    Approve Transactions with J.P. Morgan   For       Against      Management
12    Authorize Repurchase of Up to 10        For       For          Management
      Percent of Issued Share Capital
13    Authorize up to 0.4 Percent of Issued   For       For          Management
      Capital for Use in Restricted Stock
      Plan
14    Authorize Filing of Required            For       For          Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

DEUTSCHE LUFTHANSA AG

Ticker:       LHA            Security ID:  D1908N106
Meeting Date: MAY 08, 2012   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2011
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.25 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2011
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2011
5     Approve Affiliation Agreement with      For       For          Management
      Subsidiary Eurowings GmbH
6.1   Amend Corporate Purpose                 For       For          Management
6.2   Amend Articles Re: Supervisory Board    For       For          Management
      Resolutions
6.3   Amend Articles Re: Remuneration of      For       For          Management
      Supervisory Board
7     Ratify PricewaterhouseCoopers AG as     For       For          Management
      Auditors for Fiscal 2012


--------------------------------------------------------------------------------

DEUTSCHE TELEKOM AG

Ticker:       DTE            Security ID:  D2035M136
Meeting Date: MAY 24, 2012   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2011
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.70 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2011
4     Approve Discharge of Former             For       For          Management
      Supervisory Board Member Klaus
      Zumwinkel for Fiscal 2008
5     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2011
6     Ratify PricewaterhouseCoopers AG as     For       For          Management
      Auditors for Fiscal 2012
7     Authorize Share Repurchase Program and  For       For          Management
      Reissuance or Cancellation of
      Repurchased Shares
8     Authorize Use of Financial Derivatives  For       For          Management
      when Repurchasing Shares
9     Elect Hans Bernhard Beus to the         For       Against      Management
      Supervisory Board
10    Elect Dagmar Kollmann to the            For       For          Management
      Supervisory Board
11    Elect Lawrence Guffey to the            For       For          Management
      Supervisory Board
12    Approve Affiliation Agreements with     For       For          Management
      Subsidiary Scout24 Holding GmbH
13    Amend Corporate Purpose in Art. 2.1     For       For          Management
14    Amend Corporate Purpose in Art. 2.1.1   For       For          Management


--------------------------------------------------------------------------------

E.ON AG

Ticker:       EOAN           Security ID:  D24914133
Meeting Date: MAY 03, 2012   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2011
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.00  per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2011
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2011
5     Ratify PriceWaterhouseCoopers AG as     For       For          Management
      Auditors for Fiscal 2012
6     Approve Change of Corporate Form to     For       For          Management
      Societas Europaea (SE)
7     Approve Creation of EUR 460 Million     For       For          Management
      Pool of Capital with Partial Exclusion
      of Preemptive Rights
8     Approve Issuance of Warrants/Bonds      For       For          Management
      with Warrants Attached/Convertible
      Bonds with Partial Exclusion of
      Preemptive Rights up to Aggregate
      Nominal Amount of EUR 5 Billion;
      Approve Creation of EUR175 Million
      Pool of Capital to Guarantee
      Conversion Rights
9     Authorize Share Repurchase Program and  For       For          Management
      Reissuance or Cancellation of
      Repurchased Shares


--------------------------------------------------------------------------------

ESSILOR INTERNATIONAL

Ticker:       EI             Security ID:  F31668100
Meeting Date: MAY 11, 2012   Meeting Type: Annual/Special
Record Date:  MAY 07, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Financial Statements and        For       For          Management
      Statutory Reports
2     Approve Consolidated Financial          For       For          Management
      Statements and Statutory Reports
3     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.85 per Share
4     Reelect Benoit Bazin as Director        For       For          Management
5     Reelect Bernard De Saint-Afrique as     For       For          Management
      Director
6     Reelect Bernard Hours as Director       For       For          Management
7     Reelect Olivier Pecoux as Director      For       For          Management
8     Elect Louise Frechette as Director      For       For          Management
9     Authorize Repurchase of Up to 10        For       For          Management
      Percent of Issued Share Capital
10    Approve Reduction in Share Capital via  For       For          Management
      Cancellation of Repurchased Shares
11    Approve Employee Stock Purchase Plan    For       For          Management
12    Authorize up to 2.5 Percent of Issued   For       Against      Management
      Capital for Use in Restricted Stock
      Plan
13    Authorize up to 1 Percent of Issued     For       Against      Management
      Capital for Use in Stock Option Plan
14    Set Global Limit for Capital Increases  For       For          Management
      Resulting from Items 12 and 13 at 3
      Percent of Issued Capital
15    Authorize Issuance of Equity or         For       For          Management
      Equity-Linked Securities with
      Preemptive Rights up to One Third of
      the Issued Capital
16    Authorize Issuance of Equity or         For       For          Management
      Equity-Linked Securities without
      Preemptive Rights up of Up to 10
      Percent of Issued Share Capital
17    Authorize Board to Increase Capital in  For       For          Management
      the Event of Additional Demand Related
      to Delegation Submitted to Shareholder
      Vote Above
18    Authorize Capital Increase of up to 10  For       For          Management
      Percent of Issued Capital for Future
      Acquisitions
19    Set Total Limit for Capital Increase    For       For          Management
      to Result from All Issuance Requests
      under Items 16, 17, and 18 at 15
      Percent of Issued Share Capital
20    Authorize Capitalization of Reserves    For       For          Management
      of Up to EUR 500 Million for Bonus
      Issue or Increase in Par Value
21    Authorize Filing of Required            For       For          Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

FLSMIDTH & CO.

Ticker:       FLS            Security ID:  K90242130
Meeting Date: MAR 30, 2012   Meeting Type: Annual
Record Date:  MAR 23, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Management's Review             None      None         Management
2     Approve Financial Statements and        For       Did Not Vote Management
      Statutory Reports
3a    Approve Remuneration of Directors for   For       Did Not Vote Management
      2011
3b    Approve Remuneration of Directors for   For       Did Not Vote Management
      2012
4     Approve Allocation of Income and        For       Did Not Vote Management
      Dividends of DKK 9 per Share
5a    Reelect Vagn Sorensen as Director       For       Did Not Vote Management
5b    Reelect Torkil Bentzen as Director      For       Did Not Vote Management
5c    Reelect Martin Ivert as Director        For       Did Not Vote Management
5d    Reelect Sten Jakobsson as Director      For       Did Not Vote Management
5e    Elect Tom Knutzen as New Director       For       Did Not Vote Management
5f    Elect Caroline Marie as Director        For       Did Not Vote Management
6     Ratify Deloitte as Auditors             For       Did Not Vote Management
7a    Authorize Repurchase of Up to 10        For       Did Not Vote Management
      Percent of Issued Share Capital
7b    Approve Creation of Pool of Capital     For       Did Not Vote Management
      without Preemptive Rights; Amend
      Articles Accordingly
7c    Amend Articles Re: Editorial Changes    For       Did Not Vote Management
7d    Amend Articles Re: Language of General  For       Did Not Vote Management
      Meeting
7e    Approve Guidelines for Incentive-Based  For       Did Not Vote Management
      Compensation for Executive Management
      and Board
8     Other Business                          None      None         Management


--------------------------------------------------------------------------------

FRED OLSEN ENERGY ASA

Ticker:       FOE            Security ID:  R25663106
Meeting Date: MAY 24, 2012   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Open Meeting                            None      None         Management
2     Elect Chairman of Meeting; Designate    For       For          Management
      Inspector(s) of Minutes of Meeting
3     Approve Financial Statements and        For       For          Management
      Statutory Reports; Approve Allocation
      of Income and Dividends of NOK 20.00
      per Share
4.1   Approve Creation of NOK 133.4 Million   For       For          Management
      Pool of Capital without Preemptive
      Rights
4.2   Approve Issuance of Convertible Bonds   For       For          Management
      without Preemptive Rights up to
      Aggregate Nominal Amount of NOK 500
      Million; Approve Creation of NOK 133.3
      Million Pool of Capital to Guarantee
      Conversion Rights
5     Authorize Share Repurchase Program and  For       For          Management
      Reissuance of Repurchased Shares
      Equivalent to Ten Percent of Share
      Capital
6     Approve Remuneration Policy And Other   For       For          Management
      Terms of Employment For Executive
      Management
7     Approve Remuneration of Directors       For       Against      Management
8     Approve Remuneration of Auditors        For       For          Management
9     Elect Directors                         For       Against      Management


--------------------------------------------------------------------------------

HANNOVER RUECKVERSICHERUNG AG

Ticker:       HNR1           Security ID:  D3015J135
Meeting Date: MAY 03, 2012   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Remuneration System for         For       Against      Management
      Management Board Members
2     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2011
      (Non-Voting)
3     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 2.10 per Share
4     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2011
5     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2011
6a    Elect Herbert Haas to the Supervisory   For       Against      Management
      Board
6b    Elect Klaus Sturany to the Supervisory  For       Against      Management
      Board
6c    Elect Wolf-Dieter Baumgartl to the      For       Against      Management
      Supervisory Board
6d    Elect Andrea Pollak to the Supervisory  For       For          Management
      Board
6e    Elect Immo Querner to the Supervisory   For       Against      Management
      Board
6f    Elect Erhard Schipporeit to the         For       For          Management
      Supervisory Board
7     Approve Change of Corporate Form to     For       For          Management
      Societas Europaea (SE)


--------------------------------------------------------------------------------

ING GROEP NV

Ticker:       INGVF          Security ID:  N4578E413
Meeting Date: MAY 14, 2012   Meeting Type: Annual
Record Date:  APR 16, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Open Meeting                            None      None         Management
2A    Receive Report of Management Board      None      None         Management
      (Non-Voting)
2B    Receive Report of Supervisory Board     None      None         Management
      (Non-Voting)
2C    Adopt Financial Statements              For       For          Management
3     Receive Explanation on Company's        None      None         Management
      Reserves and Dividend Policy
4     Discuss Remuneration Report Containing  None      None         Management
      Remuneration Policy for Management
      Board Members
5A    Discussion on Company's Corporate       None      None         Management
      Governance Structure
5B    Amend Articles Re: Legislative Changes  For       For          Management
6     Receive Announcements on Sustainability None      None         Management
7A    Approve Discharge of Management Board   For       For          Management
7B    Approve Discharge of Supervisory Board  For       For          Management
8     Ratify Ernst and Young as Auditors      For       For          Management
9     Elect Wilfred Nagel to Executive Board  For       For          Management
10A   Reelect Aman Mehta to Supervisory Board For       Against      Management
10B   Elect Jan Holsboer to Supervisory Board For       For          Management
10C   Elect Yvonne van Rooy to Supervisory    For       For          Management
      Board
10D   Elect Robert Reibestein to Supervisory  For       For          Management
      Board
11A   Grant Board Authority to Issue Shares   For       For          Management
      Up To 10 Percent of Issued Capital and
      Restricting/Excluding Preemptive Rights
11B   Grant Board Authority to Issue Shares   For       For          Management
      Up To 10 Percent of Issued Capital
      Plus in Case of Takeover/Merger and
      Restricting/Excluding Preemptive Rights
12A   Authorize Repurchase of Up to 10        For       For          Management
      Percent of Issued Share Capital
12B   Authorize Repurchase of Up to 10        For       For          Management
      Percent of Issued Share Capital in
      Connection with a Major Capital
      Restructuring
13    Close Meeting                           None      None         Management


--------------------------------------------------------------------------------

INTESA SANPAOLO SPA

Ticker:       ISP            Security ID:  T55067101
Meeting Date: MAY 28, 2012   Meeting Type: Annual
Record Date:  MAY 17, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Cover Losses and ApproveDividend        For       For          Management
      through Partial Distribution of
      Reserves
2     Elect Supervisory Board Members         For       Against      Management
3     Elect Supervisory Board Vice-Chairman   For       Against      Management
4     Approve Remuneration Report             For       For          Management
5     Approve Restricted Stock Plan;          For       For          Management
      Authorize Share Repurchase Program and
      Reissuance of Repurchased Shares


--------------------------------------------------------------------------------

KONINKLIJKE DSM NV

Ticker:       DSM            Security ID:  N5017D122
Meeting Date: MAY 11, 2012   Meeting Type: Annual
Record Date:  APR 13, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Open Meeting                            None      None         Management
2     Receive Report of Management Board      None      None         Management
      (Non-Voting)
3     Adopt Financial Statements              For       For          Management
4a    Receive Explanation on Company's        None      None         Management
      Reserves and Dividend Policy
4b    Approve Dividends of EUR 1.45 Per Share For       For          Management
5a    Approve Discharge of Management Board   For       For          Management
5b    Approve Discharge of Supervisory Board  For       For          Management
6a    Reelect E. Kist to Supervisory Board    For       For          Management
6b    Elect V.F. Haynes to Supervisory Board  For       For          Management
6c    Elect E.T. Kennedy to Supervisory Board For       For          Management
7     Approve Remuneration of Supervisory     For       For          Management
      Board
8a    Grant Board Authority to Issue Shares   For       For          Management
      Up To 10 Percent of Issued Capital
      Plus Additional 10 Percent in Case of
      Takeover/Merger and
      Restricting/Excluding Preemptive Rights
8b    Authorize Board to Exclude Preemptive   For       For          Management
      Rights from Issuance under Item 8a
9     Authorize Repurchase of Up to 10        For       For          Management
      Percent of Issued Share Capital
10    Approve Cancellation of Shares          For       For          Management
11    Other Business (Non-Voting)             None      None         Management
12    Close Meeting                           None      None         Management


--------------------------------------------------------------------------------

LANXESS AG

Ticker:       LXS            Security ID:  D5032B102
Meeting Date: MAY 15, 2012   Meeting Type: Annual
Record Date:  APR 23, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2011
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.85 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2011
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2011
5     Ratify PricewaterhouseCoopers AG as     For       For          Management
      Auditors for Fiscal 2012


--------------------------------------------------------------------------------

LENZING AG

Ticker:       LNZ            Security ID:  A39226112
Meeting Date: APR 19, 2012   Meeting Type: Annual
Record Date:  APR 09, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports (Non-Voting)
2     Approve Allocation of Income            For       For          Management
3     Approve Discharge of Management Board   For       For          Management
4     Approve Discharge of Supervisory Board  For       For          Management
5     Amend Articles to Ensure Compliance     For       For          Management
      with Legal Regulations
6.1   Elect Supervisory Board Member          For       For          Management
6.2   Elect Supervisory Board Member          For       For          Management
6.3   Elect Supervisory Board Member          For       For          Management
6.4   Elect Supervisory Board Member          For       For          Management
6.5   Elect Supervisory Board Member          For       For          Management
6.6   Elect Supervisory Board Member          For       For          Management
7     Ratify Auditors for Fiscal 2012         For       Against      Management


--------------------------------------------------------------------------------

LINDE AG

Ticker:       LIN            Security ID:  D50348107
Meeting Date: MAY 04, 2012   Meeting Type: Annual
Record Date:  APR 12, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2011
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 2.50 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2011
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2011
5     Approve Remuneration System for         For       For          Management
      Management Board Members
6     Ratify KPMG AG as Auditors for Fiscal   For       For          Management
      2012
7     Approve Creation of EUR 70 Million      For       For          Management
      Pool of Capital without Preemptive
      Rights
8     Approve Stock Option Plan for Key       For       For          Management
      Employees; Approve Creation of EUR
      10,2 Million Pool of Conditional
      Capital to Guarantee Conversion Rights
9     Authorize Share Repurchase Program and  For       For          Management
      Reissuance or Cancellation of
      Repurchased Shares


--------------------------------------------------------------------------------

LVMH MOET HENNESSY LOUIS VUITTON

Ticker:       MC             Security ID:  F58485115
Meeting Date: APR 05, 2012   Meeting Type: Annual/Special
Record Date:  MAR 30, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Financial Statements and        For       For          Management
      Statutory Reports
2     Approve Consolidated Financial          For       For          Management
      Statements and Statutory Reports
3     Approve Auditors' Special Report on     For       Against      Management
      Related-Party Transactions
4     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 2.60 per Share
5     Ratify Appointment of Francesco         For       For          Management
      Trapani as Director
6     Ratify Appointment of Felix G. Rohatyn  For       Against      Management
      as Censor
7     Elect Antoine Arnault as Director       For       For          Management
8     Elect Albert Frere as Director          For       Against      Management
9     Elect Gilles Hennessy as Director       For       For          Management
10    Elect Lord Powell Of Bayswater as       For       Against      Management
      Director
11    Elect Yves Thibault De Silguy as        For       For          Management
      Director
12    Approve Remuneration of Directors in    For       For          Management
      the Aggregate Amount of EUR 1.26
      Million
13    Authorize Repurchase of Up to 10        For       For          Management
      Percent of Issued Share Capital
14    Approve Reduction in Share Capital via  For       For          Management
      Cancellation of Repurchased Shares
15    Authorize up to 1 Percent of Issued     For       Against      Management
      Capital for Use in Stock Option Plan
16    Approve Employee Stock Purchase Plan    For       For          Management
17    Amend Article 23 of Bylaws Re:          For       For          Management
      Convening of General Meeting upon
      Second Call and Proxy Voting


--------------------------------------------------------------------------------

PROSAFE SE

Ticker:       PRS            Security ID:  M8175T104
Meeting Date: MAY 23, 2012   Meeting Type: Annual
Record Date:  MAY 14, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Elect Chairman of the Meeting           For       For          Management
2     Approve Meeting Notice and Agenda       For       For          Management
3     Accept Board of Director Report         For       For          Management
4     Accept Financial Statements             For       For          Management
5     Accept External Audit Report            For       For          Management
6     Decrease Number of Directors from 7 to  For       For          Management
      6
7     Elect Directors                         For       For          Management
8     Approve Director Remuneration           For       For          Management
9     Approve Nomination Committee Members'   For       For          Management
      Remuneration
10    Ratify Auditors                         For       For          Management
11    Approve Remuneration of External Audit  For       For          Management
      Firm
12    Authorize Share Repurchase Program      For       For          Management
13a   Authorize Share Capital Increase        For       For          Management
13b   Eliminate Preemptive Rights             For       For          Management
14    Authorize Share Capital Increase        For       For          Management
      without Preemptive Rights


--------------------------------------------------------------------------------

PSI AG

Ticker:       PSAN           Security ID:  D6230L173
Meeting Date: MAY 03, 2012   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2011
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.25 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2011
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2011
5     Ratify Ernst & Young as Auditors for    For       For          Management
      Fiscal 2012


--------------------------------------------------------------------------------

SAMPO OYJ

Ticker:       SAMAS          Security ID:  X75653109
Meeting Date: APR 12, 2012   Meeting Type: Annual
Record Date:  MAR 29, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Open Meeting                            None      None         Management
2     Call the Meeting to Order               None      None         Management
3     Designate Inspector or Shareholder      For       For          Management
      Representative(s) of Minutes of Meeting
4     Acknowledge Proper Convening of Meeting For       For          Management
5     Prepare and Approve List of             For       For          Management
      Shareholders
6     Receive Financial Statements and        None      None         Management
      Statutory Reports; Receive Board's and
      Auditor's Report; Receive CEO's Review
7     Accept Financial Statements and         For       For          Management
      Statutory Reports
8     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.20 Per Share
9     Approve Discharge of Board and          For       For          Management
      President
10    Approve Remuneration of Directors in    For       For          Management
      the Amount of EUR 160,000 for
      Chairman, EUR 100,000 for Vice
      Chairman, and EUR 80,000 for Other
      Directors
11    Fix Number of Directors at Nine         For       For          Management
12    Reelect Anne Brunila, Grate Axen,       For       For          Management
      Veli-Matti Mattila, Eira
      Palin-Lehtinen, Jukka Pekkarinen,
      Christoffer Taxell, Matti Vuoria, and
      Bjorn Wahlroos (Chairman) as
      Directors; Elect Per Sorlie as New
      Director
13    Approve Remuneration of Auditors        For       For          Management
14    Ratify Ernst & Young as Auditors        For       For          Management
15    Authorize Repurchase of up to 50        For       For          Management
      Million Issued Class A Shares
16    Close Meeting                           None      None         Management


--------------------------------------------------------------------------------

SANOFI

Ticker:       SAN            Security ID:  F5548N101
Meeting Date: MAY 04, 2012   Meeting Type: Annual/Special
Record Date:  APR 27, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Financial Statements and        For       For          Management
      Statutory Reports
2     Approve Consolidated Financial          For       For          Management
      Statements and Statutory Reports
3     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 2.65  per Share
4     Elect Laurent Attal as Director         For       For          Management
5     Reelect Uwe Bicker as Director          For       For          Management
6     Reelect Jean Rene Fourtou as Director   For       For          Management
7     Reelect Claudie Haignere as Director    For       For          Management
8     Reelect Carole Piwnica as Director      For       For          Management
9     Reelect Klaus Pohle as Director         For       For          Management
10    Appoint Ernst & Young et Autres as      For       For          Management
      Auditor
11    Appoint Auditex as Alternate Auditor    For       For          Management
12    Ratify Change of Registered Office to   For       For          Management
      54, rue La Boetie, 75008 Paris and
      Amend Article 4 of Bylaws Accordingly
13    Authorize Repurchase of Up to 10        For       For          Management
      Percent of Issued Share Capital
14    Authorize up to 1.2 Percent of Issued   For       For          Management
      Capital for Use in Restricted Stock
      Plan
15    Authorize Filing of Required            For       For          Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

SES SA

Ticker:       SESG           Security ID:  L8300G135
Meeting Date: APR 05, 2012   Meeting Type: Annual
Record Date:  MAR 22, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Attendance List, Quorum, and Adoption   None      None         Management
      of Agenda
2     Appoint One Secretary and Two Meeting   None      None         Management
      Scrutineers
3     Receive Board's 2011 Activities Report  None      None         Management
4     Receive Explanations on Main            None      None         Management
      Developments during 2011 and
      Perspectives
5     Receive Information on 2011 Financial   None      None         Management
      Results
6     Receive Auditors' Report                None      None         Management
7     Accept Consolidated and Individual      For       For          Management
      Financial Statements
8     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.88 per Class A Share
9     Approve Standard Accounting Transfers   For       For          Management
10    Approve Discharge of Directors          For       For          Management
11    Approve Discharge of Auditors           For       For          Management
12    Approve Ernst & Young as Auditors and   For       For          Management
      Authorize Board to Fix Their
      Remuneration
13    Approve Share Repurchase Program        For       For          Management
14a1  Reelect Hadelin de Liedekerke Beaufort  For       For          Management
      as A Director
14a2  Elect Conny Kullman as A Director       For       For          Management
14a3  Elect Miriam Meckel as A Director       For       For          Management
14a4  Reelect Marc Speeckaert as A Director   For       For          Management
14b1  Reelect Serge Allegrezza as B Director  For       For          Management
14b2  Reelect Victor Rod as B Director        For       For          Management
15    Approve Remuneration of Directors       For       For          Management
16    Transact Other Business (Non-Voting)    None      None         Management


--------------------------------------------------------------------------------

SES SA

Ticker:       SESG           Security ID:  L8300G135
Meeting Date: APR 05, 2012   Meeting Type: Special
Record Date:  MAR 22, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Attendance List, Quorum, and Adoption   None      None         Management
      of Agenda
2     Appoint One Secretary and Two Meeting   None      None         Management
      Scrutineers
3     Amend Articles Re: Implementation of    For       For          Management
      Shareholder Rights Directive
4     Authorize Issuance of Equity or         For       For          Management
      Equity-Linked Securities without
      Preemptive Rights
5     Transact Other Business (Non-Voting)    None      None         Management


--------------------------------------------------------------------------------

SGS SA

Ticker:       SGSN           Security ID:  H7484G106
Meeting Date: MAR 12, 2012   Meeting Type: Annual
Record Date:  MAR 07, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accept Financial Statements and         For       For          Management
      Statutory Reports
2     Approve Remuneration Report             For       Against      Management
3     Approve Discharge of Board and Senior   For       For          Management
      Management
4     Approve Allocation of Income and        For       For          Management
      Ordinary Dividends of CHF 30 per Share
      and Additional Dividends of CHF 35 per
      Share
5     Ratify Deloitte SA as Auditors          For       For          Management


--------------------------------------------------------------------------------

SIEMENS AG

Ticker:       SIE            Security ID:  D69671218
Meeting Date: JAN 24, 2012   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010/2011
      (Non-Voting)
2     Approve Allocation of Income and        For       Did Not Vote Management
      Dividends of EUR 3.00 per Share
3     Approve Discharge of Management Board   For       Did Not Vote Management
      for Fiscal 2010/2011
4     Approve Discharge of Supervisory Board  For       Did Not Vote Management
      for Fiscal 2010/2011
5     Ratify Ernst & Young GmbH as Auditors   For       Did Not Vote Management
      for Fiscal 2011/2012
6     Amend Articles Re: Female               Against   Did Not Vote Shareholder
      Representation on the Supervisory Board


--------------------------------------------------------------------------------

SMITH & NEPHEW PLC

Ticker:       SN.            Security ID:  G82343164
Meeting Date: APR 12, 2012   Meeting Type: Annual
Record Date:  APR 10, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accept Financial Statements and         For       For          Management
      Statutory Reports
2     Approve Remuneration Report             For       Abstain      Management
3     Approve Final Dividend                  For       For          Management
4     Re-elect Ian Barlow as Director         For       For          Management
5     Re-elect Genevieve Berger as Director   For       For          Management
6     Re-elect Olivier Bohuon as Director     For       For          Management
7     Re-elect Sir John Buchanan as Director  For       For          Management
8     Re-elect Adrian Hennah as Director      For       For          Management
9     Re-elect Dr Pamela Kirby as Director    For       For          Management
10    Re-elect Brian Larcombe as Director     For       For          Management
11    Re-elect Joseph Papa as Director        For       For          Management
12    Elect Ajay Piramal as Director          For       For          Management
13    Re-elect Richard De Schutter as         For       For          Management
      Director
14    Reappoint Ernst & Young LLP as Auditors For       For          Management
15    Authorise Board to Fix Remuneration of  For       For          Management
      Auditors
16    Authorise Issue of Equity with          For       For          Management
      Pre-emptive Rights
17    Approve Sharesave Plan 2012             For       For          Management
18    Approve International Sharesave Plan    For       For          Management
      2012
19    Authorise Issue of Equity without       For       For          Management
      Pre-emptive Rights
20    Authorise Market Purchase               For       For          Management
21    Authorise the Company to Call EGM with  For       For          Management
      Two Weeks' Notice


--------------------------------------------------------------------------------

SOCIETE BIC

Ticker:       BB             Security ID:  F10080103
Meeting Date: MAY 10, 2012   Meeting Type: Annual/Special
Record Date:  MAY 04, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Financial Statements and        For       For          Management
      Statutory Reports
2     Approve Consolidated Financial          For       For          Management
      Statements and Statutory Reports
3     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 4 per Share
4     Approve Remuneration of Directors in    For       For          Management
      the Aggregate Amount of EUR 303,000
5     Authorize Repurchase of Up to 10        For       For          Management
      Percent of Issued Share Capital
6     Reelect John Glen as Director           For       For          Management
7     Reelect Marie-Henriette Poinsot as      For       For          Management
      Director
8     Reelect Pierre Vareille as Director     For       For          Management
9     Reelect Societe M.B.D. as Director      For       For          Management
10    Approve Reduction in Share Capital via  For       For          Management
      Cancellation of Repurchased Shares
11    Authorize Issuance of Equity or         For       For          Management
      Equity-Linked Securities with
      Preemptive Rights up to Aggregate
      Nominal Amount of EUR 50 Million
12    Authorize Board to Increase Capital in  For       For          Management
      the Event of Additional Demand Related
      to Delegation Submitted to Shareholder
      Vote Above
13    Authorize Capitalization of Reserves    For       For          Management
      for Bonus Issue or Increase in Par
      Value
14    Approve Employee Stock Purchase Plan    For       For          Management
15    Eliminate Preemptive Rights Pursuant    For       For          Management
      to Item 14 in Favor of Employees and
      Corporate Officers
16    Authorize Filing of Required            For       For          Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

TELEFONICA S.A.

Ticker:       TEF            Security ID:  879382109
Meeting Date: MAY 13, 2012   Meeting Type: Annual
Record Date:  MAY 07, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Standalone and Consolidated     For       For          Management
      Financial Statements, Allocation of
      Income, and Discharge Directors for FY
      2011
2.1   Reelect Cesar Alierta Izuel as Director For       Against      Management
2.2   Reelect Jose Maria Alvarez-Pallete      For       Against      Management
      Lopez as Director
2.3   Reelect Gonzalo Hinojosa Fernandez de   For       Against      Management
      Angulo as Director
2.4   Reelect Pablo Isla Alvarez de Tejera    For       Against      Management
      as Director
2.5   Ratify Co-option of and Elect Ignacio   For       Against      Management
      Moreno Martinez as Director
3     Renew Appointment of Ernst & Young as   For       For          Management
      Auditor
4     Amend Several Articles of Bylaws        For       For          Management
5     Amend Several Articles of General       For       For          Management
      Meeting Regulations
6.1   Approve Cash Dividends of EUR 0.53 per  For       For          Management
      Share
6.2   Authorize Capital Increase Charged      For       For          Management
      against Voluntary Reserves for Scrip
      Dividends; Amend Article 5 of Bylaws
      Accordingly; Approve Listing of Shares
7     Approve Capital Reduction via           For       For          Management
      Amortization of Treasury Shares, and
      Amend Article 5 of Bylaws Accordingly
8     Approve Company's Web Site              For       For          Management
9     Authorize Board to Ratify and Execute   For       For          Management
      Approved Resolutions
10    Advisory Vote on Remuneration Report    For       Against      Management


--------------------------------------------------------------------------------

TGS NOPEC GEOPHYSICAL CO. ASA

Ticker:       TGS            Security ID:  R9138B102
Meeting Date: JUN 05, 2012   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Elect Chairman of Meeting; Designate    For       For          Management
      Inspector(s) of Minutes of Meeting
2     Approve Notice of Meeting and Agenda    For       For          Management
3a    Approve Financial Statements and        For       For          Management
      Statutory Reports
3b    Approve Allocation of Income and        For       For          Management
      Dividends of NOK 6 per Share
4     Approve Remuneration of Auditors        For       For          Management
5.a   Reelect Henry Hamilton as Director and  For       For          Management
      Chairman
5.b   Reelect Colette Lewiner as Director     For       For          Management
5.c   Reelect Elisabeth Harstad as Director   For       For          Management
5.d   Reelect Mark Leonard as Director        For       For          Management
5.e   Reelect Bengt Hansen as Director        For       For          Management
5.f   Reelect Vicki Messer as Director        For       For          Management
6     Approve Remuneration of Directors in    For       For          Management
      the Amount of USD 215,000 for Chairman
      and NOK 295,000 for Other Directors;
      Approve Additional Remuneration in
      Shares for Directors
7     Approve Remuneration of Nominating      For       For          Management
      Committee
8     Elect Ole Soeberg as Member of          For       For          Management
      Nominating Committee
9     Receive Company's Corporate Governance  None      None         Management
      Statement
10    Authorize Share Repurchase Program and  For       Against      Management
      Reissuance of Repurchased Shares
11    Approve Reduction in Share Capital via  For       For          Management
      Share Cancellation
12    Approve Remuneration Policy And Other   For       Against      Management
      Terms of Employment For Executive
      Management
13    Approve Stock Option Plan 2012          For       For          Management
14    Approve Creation of NOK 2.6 Million     For       For          Management
      Pool of Capital without Preemptive
      Rights
15    Amend Articles Re: Registration Date    For       For          Management
      for Transfer of Share Ownership
16    Amend Articles Re: Voting Prior to      For       For          Management
      General Meeting
17    Authorize Company to Call EGM with Two  For       Against      Management
      Weeks' Notice


--------------------------------------------------------------------------------

UNICREDIT SPA

Ticker:       UCG            Security ID:  T95132105
Meeting Date: DEC 15, 2011   Meeting Type: Special
Record Date:  DEC 06, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Reduction of Share Premium      For       For          Management
      Account and Related Increase of
      Shares' Par Value
2     Eliminate the Par Value of Shares       For       For          Management
3     Authorize Issuance of Shares in the     For       For          Management
      Maximum Amount of EUR 7.5 Billion With
      Preemptive Rights
4     Approve Share Consolidation             For       For          Management
5     Approve Stock Dividend Program          For       For          Management


--------------------------------------------------------------------------------

VALEO

Ticker:       FR             Security ID:  F96221126
Meeting Date: JUN 04, 2012   Meeting Type: Annual/Special
Record Date:  MAY 29, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Financial Statements and        For       For          Management
      Statutory Reports
2     Approve Consolidated Financial          For       For          Management
      Statements and Statutory Reports
3     Reelect Thierry Moulonguet as Director  For       For          Management
4     Reelect Georges Pauget as Director      For       For          Management
5     Reelect Ulrike Steinhorst as Director   For       For          Management
6     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.4 per Share
7     Approve Auditors' Special Report        For       For          Management
      Regarding New Related Party Transaction
8     Authorize Repurchase of Up to 10        For       For          Management
      Percent of Issued Share Capital
9     Approve Employee Stock Purchase Plan    For       For          Management
10    Authorize up to 340,000 Shares for Use  For       Against      Management
      in Stock Option Plan
11    Authorize up to 920,000 Shares for Use  For       Against      Management
      in Restricted Stock Plan
12    Authorize Filing of Required            For       For          Management
      Documents/Other Formalities


--------------------------------------------------------------------------------

VOLKSWAGEN AG (VW)

Ticker:       VOW            Security ID:  D94523103
Meeting Date: APR 19, 2012   Meeting Type: Special
Record Date:  MAR 28, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Creation of EUR 110 Million     For       For          Management
      Pool of Capital without Preemptive
      Rights

========== END NPX REPORT

 
 

 


 

 
SIGNATURES
 
 
Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
(Registrant)                      The European Equity Fund, Inc.
 

 
By (Signature and Title)  /s/W. Douglas Beck
W. Douglas Beck, Chief Executive Officer and President
 
Date  8/17/12