# EDGAR Filing Document

**Accession Number:** 0001388838
**File Stem:** 0001172661-25-003697
**Filing Date:** 2025-8
**Character Count:** 73148
**Document Hash:** 07601f4763ccb08638f800bd6c3867e9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-003697.hdr.sgml**: 20250821

**ACCESSION NUMBER**: 0001172661-25-003697

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250821

**EFFECTIVENESS DATE**: 20250821

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Dalton Investments, Inc.
- **CENTRAL INDEX KEY:** 0001388838

**ORGANIZATION NAME:**
- **EIN:** 954736598
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-12151
- **FILM NUMBER:** 251237929

**BUSINESS ADDRESS:**
- **STREET 1:** 360 N. PACIFIC COAST HIGHWAY
- **STREET 2:** SUITE 1060
- **CITY:** EL SEGUNDO
- **STATE:** CA
- **ZIP:** 89117
- **BUSINESS PHONE:** (424) 231-9100

**MAIL ADDRESS:**
- **STREET 1:** 360 N. PACIFIC COAST HIGHWAY
- **STREET 2:** SUITE 1060
- **CITY:** EL SEGUNDO
- **STATE:** CA
- **ZIP:** 89117

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Dalton Investments LLC
- **DATE OF NAME CHANGE:** 20070205

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001388838

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** Dalton Investments, Inc.

**Address:** 360 N. Pacific Coast Highway, El Segundo, CA 90245

**Telephone number:** 424-231-9057

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-12151

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                                  | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                           | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO                             |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Eurobank Ergasias Services  Holdings SA         | X2321W101 | 07/23/2024     | Approve/Amend Profit Sharing Plan                                          | SECTION 14A SAY-ON-PAY VOTES |        1448404 |                0 | Against     |                                  1448404 | FOR                         | Compensation                           |
| Eurobank Ergasias Services  Holdings SA         | X2321W101 | 07/23/2024     | Fix Maximum Variable Compensation Ratio                                    | SECTION 14A SAY-ON-PAY VOTES |        1448404 |                0 | Against     |                                  1448404 | FOR                         | Remuneration Policy  Implementation    |
| Eurobank Ergasias Services  Holdings SA         | X2321W101 | 07/23/2024     | Approve Remuneration Policy                                                | SECTION 14A SAY-ON-PAY VOTES |        1448404 |                0 | Against     |                                  1448404 | FOR                         | Remuneration Policy  Implementation    |
| Eurobank Ergasias Services  Holdings SA         | X2321W101 | 07/23/2024     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |        1448404 |                0 | Against     |                                  1448404 | FOR                         | Directors' Compensation                |
| Eurobank Ergasias Services  Holdings SA         | X2321W101 | 07/23/2024     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |        1448404 |                0 | Against     |                                  1448404 | FOR                         | Remuneration Policy  Implementation    |
| Axis Bank Limited                               | Y0487S137 | 07/26/2024     | Approve/Amend Employment Agreements                                        | SECTION 14A SAY-ON-PAY VOTES |         719135 |                0 | For         |                                   719135 | FOR                         | Compensation                           |
| Axis Bank Limited                               | Y0487S137 | 07/26/2024     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         719135 |                0 | For         |                                   719135 | FOR                         | Remuneration Policy  Implementation    |
| Axis Bank Limited                               | Y0487S137 | 07/26/2024     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         719135 |                0 | For         |                                   719135 | FOR                         | Remuneration Policy  Implementation    |
| Axis Bank Limited                               | Y0487S137 | 07/26/2024     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         719135 |                0 | For         |                                   719135 | FOR                         | Remuneration Policy  Implementation    |
| Axis Bank Limited                               | Y0487S137 | 07/26/2024     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         719135 |                0 | For         |                                   719135 | FOR                         | Remuneration Policy  Implementation    |
| Sao Martinho SA                                 | P8493J108 | 07/26/2024     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         463300 |                0 | For         |                                   463300 | FOR                         | Remuneration Policy  Implementation    |
| United Spirits Limited                          | Y92311128 | 07/31/2024     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |         513512 |                0 | For         |                                   513512 | FOR                         | Directors' Compensation                |
| United Spirits Limited                          | Y92311128 | 07/31/2024     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         513512 |                0 | For         |                                   513512 | FOR                         | Remuneration Policy  Implementation    |
| Kotak Mahindra Bank Limited                     | Y4964H150 | 08/03/2024     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |         161516 |                0 | For         |                                   161516 | FOR                         | Directors' Compensation                |
| HDFC Bank Ltd.                                  | Y3119P190 | 08/09/2024     | Approve Executive Share Option Plan                                        | SECTION 14A SAY-ON-PAY VOTES |         309131 |                0 | For         |                                   309131 | FOR                         | Equity Compensation Plan               |
| Matrimony.com Limited                           | Y5S4AT109 | 08/09/2024     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |          58980 |                0 | For         |                                    58980 | FOR                         | Directors' Compensation                |
| Sapphire Foods India Ltd.                       | Y75280118 | 08/09/2024     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         121010 |                0 | Against     |                                   121010 | FOR                         | Remuneration Policy  Implementation    |
| Sapphire Foods India Ltd.                       | Y75280118 | 08/09/2024     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |         121010 |                0 | For         |                                   121010 | FOR                         | Directors' Compensation                |
| Sapphire Foods India Ltd.                       | Y75280118 | 08/09/2024     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |         121010 |                0 | For         |                                   121010 | FOR                         | Directors' Compensation                |
| Sapphire Foods India Ltd.                       | Y75280118 | 08/09/2024     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |         121010 |                0 | For         |                                   121010 | FOR                         | Directors' Compensation                |
| UltraTech Cement Ltd.                           | Y9046E109 | 08/14/2024     | Approve/Amend Employment Agreements                                        | SECTION 14A SAY-ON-PAY VOTES |          29161 |                0 | For         |                                    29161 | FOR                         | Compensation                           |
| UltraTech Cement Ltd.                           | Y9046E109 | 08/14/2024     | Approve/Amend Employment Agreements                                        | SECTION 14A SAY-ON-PAY VOTES |          29161 |                0 | For         |                                    29161 | FOR                         | Compensation                           |
| MultiChoice Group Ltd.                          | S8039U101 | 08/28/2024     | Approve Remuneration Policy                                                | SECTION 14A SAY-ON-PAY VOTES |         488171 |                0 | For         |                                   488171 | FOR                         | Remuneration Policy  Implementation    |
| MultiChoice Group Ltd.                          | S8039U101 | 08/28/2024     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |         488171 |                0 | For         |                                   488171 | FOR                         | Remuneration Policy  Implementation    |
| MultiChoice Group Ltd.                          | S8039U101 | 08/28/2024     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |         488171 |                0 | Against     |                                   488171 | FOR                         | Directors' Compensation                |
| ICICI Bank Limited                              | Y3860Z132 | 08/29/2024     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         584384 |                0 | For         |                                   584384 | FOR                         | Remuneration Policy  Implementation    |
| ICICI Bank Limited                              | Y3860Z132 | 08/29/2024     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         584384 |                0 | For         |                                   584384 | FOR                         | Remuneration Policy  Implementation    |
| ICICI Bank Limited                              | Y3860Z132 | 08/29/2024     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         584384 |                0 | For         |                                   584384 | FOR                         | Remuneration Policy  Implementation    |
| ICICI Bank Limited                              | Y3860Z132 | 08/29/2024     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         584384 |                0 | For         |                                   584384 | FOR                         | Remuneration Policy  Implementation    |
| DURECT Corporation                              | 266605500 | 09/25/2024     | Amend Omnibus Stock Plan                                                   | SECTION 14A SAY-ON-PAY VOTES |         225000 |                0 | For         |                                   225000 | FOR                         | Equity Compensation Plan               |
| DURECT Corporation                              | 266605500 | 09/25/2024     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |         225000 |                0 | For         |                                   225000 | FOR                         | Remuneration Policy  Implementation    |
| Sansera Engineering Ltd.                        | Y5414A133 | 09/26/2024     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |         100014 |                0 | For         |                                   100014 | FOR                         | Directors' Compensation                |
| Sansera Engineering Ltd.                        | Y5414A133 | 09/26/2024     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |         100014 |                0 | For         |                                   100014 | FOR                         | Directors' Compensation                |
| Sansera Engineering Ltd.                        | Y5414A133 | 09/26/2024     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |         100014 |                0 | For         |                                   100014 | FOR                         | Directors' Compensation                |
| CarTrade Tech Ltd.                              | Y6191F105 | 09/27/2024     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         110580 |                0 | For         |                                   110580 | FOR                         | Remuneration Policy  Implementation    |
| Hatsun Agro Product Limited                     | Y3114T122 | 10/28/2024     | Approve/Amend Employment Agreements                                        | SECTION 14A SAY-ON-PAY VOTES |          73142 |                0 | For         |                                    73142 | FOR                         | Compensation                           |
| Black Rock Mining Limited                       | Q1590S104 | 11/25/2024     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |       49163881 |                0 | For         |                                 49163881 | FOR                         | Remuneration Policy  Implementation    |
| Black Rock Mining Limited                       | Q1590S104 | 11/25/2024     | Approve Share Plan Grant                                                   | SECTION 14A SAY-ON-PAY VOTES |       49163881 |                0 | For         |                                 49163881 | FOR                         | Equity Compensation Plan               |
| Black Rock Mining Limited                       | Q1590S104 | 11/25/2024     | Approve Share Plan Grant                                                   | SECTION 14A SAY-ON-PAY VOTES |       49163881 |                0 | For         |                                 49163881 | FOR                         | Equity Compensation Plan               |
| Black Rock Mining Limited                       | Q1590S104 | 11/25/2024     | Approve Retirement Bonuses for Directors                                   | SECTION 14A SAY-ON-PAY VOTES |       49163881 |                0 | For         |                                 49163881 | FOR                         | Director/Statutory Auditor Bonus       |
| Black Rock Mining Limited                       | Q1590S104 | 11/25/2024     | Approve Retirement Bonuses for Directors                                   | SECTION 14A SAY-ON-PAY VOTES |       49163881 |                0 | For         |                                 49163881 | FOR                         | Director/Statutory Auditor Bonus       |
| Pro Medicus Limited                             | Q77301101 | 11/25/2024     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |          96075 |                0 | For         |                                    96075 | FOR                         | Remuneration Policy  Implementation    |
| Pro Medicus Limited                             | Q77301101 | 11/25/2024     | Approve Omnibus Stock Plan                                                 | SECTION 14A SAY-ON-PAY VOTES |          96075 |                0 | For         |                                    96075 | FOR                         | Equity Compensation Plan               |
| Microsoft Corporation                           | 594918104 | 12/10/2024     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |           8100 |                0 | For         |                                     8100 | FOR                         | Remuneration Policy  Implementation    |
| Micron Technology, Inc.                         | 595112103 | 01/16/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |           2260 |                0 | For         |                                     2260 | FOR                         | Remuneration Policy  Implementation    |
| Micron Technology, Inc.                         | 595112103 | 01/16/2025     | Approve Omnibus Stock Plan                                                 | SECTION 14A SAY-ON-PAY VOTES |           2260 |                0 | For         |                                     2260 | FOR                         | Equity Compensation Plan               |
| Thai Beverage Public Company Limited            | Y8588A103 | 01/31/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |        3916699 |          1185701 | For         |                                  3916699 | FOR                         | Directors' Compensation                |
| Shore Capital Group Ltd.                        | G81273131 | 02/19/2025     | Amend Executive Share Option Plan                                          | SECTION 14A SAY-ON-PAY VOTES |         600000 |                0 | For         |                                   600000 | FOR                         | Equity Compensation Plan               |
| Kotak Mahindra Bank Limited                     | Y4964H150 | 02/20/2025     | Approve/Amend Employment Agreements                                        | SECTION 14A SAY-ON-PAY VOTES |         140448 |                0 | For         |                                   140448 | FOR                         | Compensation                           |
| Kotak Mahindra Bank Limited                     | Y4964H150 | 02/20/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         140448 |                0 | For         |                                   140448 | FOR                         | Remuneration Policy  Implementation    |
| Kotak Mahindra Bank Limited                     | Y4964H150 | 02/20/2025     | Approve Share Plan Grant                                                   | SECTION 14A SAY-ON-PAY VOTES |         140448 |                0 | For         |                                   140448 | FOR                         | Equity Compensation Plan               |
| Kotak Mahindra Bank Limited                     | Y4964H150 | 02/20/2025     | Approve Share Plan Grant                                                   | SECTION 14A SAY-ON-PAY VOTES |         140448 |                0 | For         |                                   140448 | FOR                         | Equity Compensation Plan               |
| Kotak Mahindra Bank Limited                     | Y4964H150 | 02/20/2025     | Amend Executive Share Option Plan                                          | SECTION 14A SAY-ON-PAY VOTES |         140448 |                0 | For         |                                   140448 | FOR                         | Equity Compensation Plan               |
| Hatsun Agro Product Limited                     | Y3114T122 | 03/10/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |          73142 |                0 | For         |                                    73142 | FOR                         | Remuneration Policy  Implementation    |
| Hansol Chemical Co., Ltd.                       | Y3064E109 | 03/18/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |          60189 |                0 | Against     |                                    60189 | FOR                         | Remuneration Policy  Implementation    |
| Hansol Chemical Co., Ltd.                       | Y3064E109 | 03/18/2025     | Approve Stock Option Plan Grants                                           | SECTION 14A SAY-ON-PAY VOTES |          60189 |                0 | For         |                                    60189 | FOR                         | Equity Compensation Plan               |
| Samsung Electronics Co., Ltd.                   | Y74718100 | 03/19/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         222536 |                0 | For         |                                   222536 | FOR                         | Remuneration Policy  Implementation    |
| Banco Bilbao Vizcaya Argentaria SA              | E11805103 | 03/20/2025     | Fix Maximum Variable Compensation Ratio                                    | SECTION 14A SAY-ON-PAY VOTES |         207822 |                0 | For         |                                   207822 | FOR                         | Remuneration Policy  Implementation    |
| Banco Bilbao Vizcaya Argentaria SA              | E11805103 | 03/20/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |         207822 |                0 | For         |                                   207822 | FOR                         | Remuneration Policy  Implementation    |
| SamKwang Glass Co., Ltd.                        | Y7469X109 | 03/20/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |          20990 |                0 | For         |                                    20990 | FOR                         | Remuneration Policy  Implementation    |
| SK Gas Co., Ltd.                                | Y9878F109 | 03/20/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |          23809 |                0 | For         |                                    23809 | FOR                         | Remuneration Policy  Implementation    |
| Ezaki Glico Co., Ltd.                           | J13314109 | 03/25/2025     | Approve Increase in Aggregate Compensation Ceiling for Directors           | SECTION 14A SAY-ON-PAY VOTES |        3126201 |            89099 | For         |                                  3126201 | FOR                         | Directors' Compensation                |
| Ezaki Glico Co., Ltd.                           | J13314109 | 03/25/2025     | Performance-Based and/or Time-Based Equity Awards                          | SECTION 14A SAY-ON-PAY VOTES |        3126201 |            89099 | For         |                                  3126201 | AGAINST                     | Compensation                           |
| Suprema HQ, Inc.                                | Y83073109 | 03/25/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |          65243 |                0 | Against     |                                    65243 | FOR                         | Remuneration Policy  Implementation    |
| Suprema, Inc.                                   | Y8T073135 | 03/25/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         197077 |                0 | Against     |                                   197077 | FOR                         | Remuneration Policy  Implementation    |
| CJ Corp.                                        | Y1848L118 | 03/26/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |          18002 |                0 | For         |                                    18002 | FOR                         | Remuneration Policy  Implementation    |
| Daewoong Co., Ltd.                              | Y19152100 | 03/26/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |          75148 |                0 | Against     |                                    75148 | FOR                         | Remuneration Policy  Implementation    |
| Daewoong Pharmaceutical Co.,Ltd.                | Y1915W104 | 03/26/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         157900 |                0 | For         |                                   157900 | FOR                         | Remuneration Policy  Implementation    |
| Kolmar Korea Co., Ltd.                          | Y4920J126 | 03/26/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         129658 |                0 | Against     |                                   129658 | FOR                         | Remuneration Policy  Implementation    |
| Kolmar Korea Co., Ltd.                          | Y4920J126 | 03/26/2025     | Approve Retirement Bonuses for Directors                                   | SECTION 14A SAY-ON-PAY VOTES |         129658 |                0 | Against     |                                   129658 | FOR                         | Director/Statutory Auditor Bonus       |
| LG Corp.                                        | Y52755108 | 03/26/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |          32344 |                0 | For         |                                    32344 | FOR                         | Remuneration Policy  Implementation    |
| MERITZ Financial Group, Inc.                    | Y59496102 | 03/26/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         467647 |                0 | For         |                                   467647 | FOR                         | Remuneration Policy  Implementation    |
| SK Discovery Co. Ltd.                           | Y80661104 | 03/26/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         839117 |                0 | Against     |                                   839117 | FOR                         | Remuneration Policy  Implementation    |
| SK, Inc.                                        | Y8T642129 | 03/26/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |          60055 |                0 | Against     |                                    60055 | FOR                         | Remuneration Policy  Implementation    |
| SK, Inc.                                        | Y8T642129 | 03/26/2025     | Approve Retirement Bonuses for Directors                                   | SECTION 14A SAY-ON-PAY VOTES |          60055 |                0 | For         |                                    60055 | FOR                         | Director/Statutory Auditor Bonus       |
| Toukei Computer Co., Ltd.                       | J9035W109 | 03/26/2025     | Approve Executive Share Option Plan                                        | SECTION 14A SAY-ON-PAY VOTES |          70800 |                0 | For         |                                    70800 | FOR                         | Equity Compensation Plan               |
| Ebara Jitsugyo Co., Ltd.                        | J12611109 | 03/27/2025     | Performance-Based and/or Time-Based Equity Awards                          | SECTION 14A SAY-ON-PAY VOTES |        1240100 |                0 | For         |                                  1240100 | AGAINST                     | Compensation                           |
| JB Financial Group Co., Ltd.                    | Y4S2E5104 | 03/27/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |        2387472 |                0 | For         |                                  2387472 | FOR                         | Remuneration Policy  Implementation    |
| MegaStudyEdu Co., Ltd.                          | Y5933R104 | 03/27/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         114603 |                0 | For         |                                   114603 | FOR                         | Remuneration Policy  Implementation    |
| Mitsubishi Pencil Co., Ltd.                     | J44260107 | 03/27/2025     | Performance-Based and/or Time-Based Equity Awards                          | SECTION 14A SAY-ON-PAY VOTES |        1233900 |                0 | For         |                                  1233900 | AGAINST                     | Compensation                           |
| Noritz Corp.                                    | J59138115 | 03/27/2025     | Performance-Based and/or Time-Based Equity Awards                          | SECTION 14A SAY-ON-PAY VOTES |        2875800 |                0 | For         |                                  2875800 | AGAINST                     | Compensation                           |
| Shimano, Inc.                                   | J72262108 | 03/27/2025     | Approve Increase in Aggregate Compensation Ceiling for Directors           | SECTION 14A SAY-ON-PAY VOTES |         129300 |                0 | For         |                                   129300 | FOR                         | Directors' Compensation                |
| ECHO MARKETING, Inc.                            | Y2R39G109 | 03/28/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |        1404835 |                0 | For         |                                  1404835 | FOR                         | Remuneration Policy  Implementation    |
| Teikoku Sen-I Co., Ltd.                         | J82657107 | 03/28/2025     | Performance-Based and/or Time-Based Equity Awards                          | SECTION 14A SAY-ON-PAY VOTES |        2122558 |             4842 | For         |                                  2122558 | AGAINST                     | Compensation                           |
| Sansera Engineering Ltd.                        | Y5414A133 | 03/30/2025     | Approve/Amend Employment Agreements                                        | SECTION 14A SAY-ON-PAY VOTES |         100014 |                0 | For         |                                   100014 | FOR                         | Compensation                           |
| Sansera Engineering Ltd.                        | Y5414A133 | 03/30/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         100014 |                0 | For         |                                   100014 | FOR                         | Remuneration Policy  Implementation    |
| Global Tax Free Co., Ltd.                       | Y9866C100 | 03/31/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         499893 |                0 | Against     |                                   499893 | FOR                         | Remuneration Policy  Implementation    |
| Kolmar Holdings Co., Ltd.                       | Y4920J100 | 03/31/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |        1871509 |                0 | Against     |                                  1871509 | FOR                         | Remuneration Policy  Implementation    |
| Kolmar Holdings Co., Ltd.                       | Y4920J100 | 03/31/2025     | Approve Retirement Bonuses for Directors                                   | SECTION 14A SAY-ON-PAY VOTES |        1871509 |                0 | For         |                                  1871509 | FOR                         | Director/Statutory Auditor Bonus       |
| Rio Tinto Plc                                   | G75754104 | 04/03/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |         105613 |                0 | For         |                                   105613 | FOR                         | Remuneration Policy  Implementation    |
| Rio Tinto Plc                                   | G75754104 | 04/03/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |         105613 |                0 | For         |                                   105613 | FOR                         | Remuneration Policy  Implementation    |
| SBM Offshore NV                                 | N7752F148 | 04/09/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |          94881 |                0 | For         |                                    94881 | FOR                         | Remuneration Policy  Implementation    |
| SBM Offshore NV                                 | N7752F148 | 04/09/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |          94881 |                0 | For         |                                    94881 | FOR                         | Directors' Compensation                |
| SBM Offshore NV                                 | N7752F148 | 04/09/2025     | Approve Remuneration Policy                                                | SECTION 14A SAY-ON-PAY VOTES |          94881 |                0 | For         |                                    94881 | FOR                         | Remuneration Policy  Implementation    |
| FPT Corp.                                       | Y26333107 | 04/15/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |        1201301 |                0 | For         |                                  1201301 | FOR                         | Directors' Compensation                |
| FPT Corp.                                       | Y26333107 | 04/15/2025     | Approve Share Plan Grant                                                   | SECTION 14A SAY-ON-PAY VOTES |        1201301 |                0 | For         |                                  1201301 | FOR                         | Equity Compensation Plan               |
| FPT Corp.                                       | Y26333107 | 04/15/2025     | Approve/Amend Employment Agreements                                        | SECTION 14A SAY-ON-PAY VOTES |        1201301 |                0 | For         |                                  1201301 | FOR                         | Compensation                           |
| Thai Reinsurance Public Company Limited         | Y8727D182 | 04/22/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |       18695300 |                0 | For         |                                 18695300 | FOR                         | Directors' Compensation                |
| Wilmar International Limited                    | Y9586L109 | 04/22/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |        2545200 |                0 | For         |                                  2545200 | FOR                         | Directors' Compensation                |
| Wilmar International Limited                    | Y9586L109 | 04/22/2025     | Approve Stock Option Plan Grants                                           | SECTION 14A SAY-ON-PAY VOTES |        2545200 |                0 | Against     |                                  2545200 | FOR                         | Equity Compensation Plan               |
| Klabin SA                                       | P60933101 | 04/24/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         245266 |                0 | For         |                                   245266 | FOR                         | Remuneration Policy  Implementation    |
| Lithia Motors, Inc.                             | 536797103 | 04/24/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |            100 |                0 | For         |                                      100 | FOR                         | Remuneration Policy  Implementation    |
| Lithia Motors, Inc.                             | 536797103 | 04/24/2025     | Amend Omnibus Stock Plan                                                   | SECTION 14A SAY-ON-PAY VOTES |            100 |                0 | For         |                                      100 | FOR                         | Equity Compensation Plan               |
| Lithia Motors, Inc.                             | 536797103 | 04/24/2025     | Submit Severance Agreement to Shareholder Vote                             | SECTION 14A SAY-ON-PAY VOTES |            100 |                0 | For         |                                      100 | AGAINST                     | Severance Agreement                    |
| BKI Holdings Public Co. Ltd.                    | Y09088116 | 04/25/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |         269100 |                0 | For         |                                   269100 | FOR                         | Directors' Compensation                |
| Central Retail Corp. Public Co. Ltd.            | Y1244X112 | 04/25/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |        4024100 |                0 | For         |                                  4024100 | FOR                         | Directors' Compensation                |
| America Movil SAB de CV                         | P0280A192 | 04/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |          98200 |                0 | For         |                                    98200 | FOR                         | Directors' Compensation                |
| America Movil SAB de CV                         | P0280A192 | 04/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |          98200 |                0 | For         |                                    98200 | FOR                         | Directors' Compensation                |
| Chord Energy Corporation                        | 674215207 | 04/30/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |          13280 |                0 | For         |                                    13280 | FOR                         | Remuneration Policy  Implementation    |
| Globant SA                                      | L44385109 | 04/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |          18100 |                0 | For         |                                    18100 | FOR                         | Directors' Compensation                |
| Intuitive Surgical, Inc.                        | 46120E602 | 05/01/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |            900 |                0 | For         |                                      900 | FOR                         | Remuneration Policy  Implementation    |
| Intuitive Surgical, Inc.                        | 46120E602 | 05/01/2025     | Amend Omnibus Stock Plan                                                   | SECTION 14A SAY-ON-PAY VOTES |            900 |                0 | For         |                                      900 | FOR                         | Equity Compensation Plan               |
| Intuitive Surgical, Inc.                        | 46120E602 | 05/01/2025     | Company-Specific--Compensation-Related                                     | SECTION 14A SAY-ON-PAY VOTES |            900 |                0 | Against     |                                      900 | AGAINST                     | Compensation                           |
| Intuitive Surgical, Inc.                        | 46120E602 | 05/01/2025     | Submit Severance Agreement to Shareholder Vote                             | SECTION 14A SAY-ON-PAY VOTES |            900 |                0 | For         |                                      900 | AGAINST                     | Severance Agreement                    |
| CarTrade Tech Ltd.                              | Y6191F105 | 05/02/2025     | Approve/Amend Employment Agreements                                        | SECTION 14A SAY-ON-PAY VOTES |         110580 |                0 | For         |                                   110580 | FOR                         | Compensation                           |
| Plus500 Ltd.                                    | M7S2CK109 | 05/06/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |           7000 |                0 | For         |                                     7000 | FOR                         | Remuneration Policy  Implementation    |
| Ternium SA                                      | 880890108 | 05/06/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |          23584 |                0 | For         |                                    23584 | FOR                         | Directors' Compensation                |
| Cheniere Energy, Inc.                           | 16411R208 | 05/15/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |          11942 |                0 | For         |                                    11942 | FOR                         | Remuneration Policy  Implementation    |
| Cleveland-Cliffs Inc.                           | 185899101 | 05/15/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |            200 |                0 | For         |                                      200 | FOR                         | Remuneration Policy  Implementation    |
| Shell Plc                                       | G80827101 | 05/20/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |          85859 |                0 | For         |                                    85859 | FOR                         | Remuneration Policy  Implementation    |
| Bollore SE                                      | F10659260 | 05/21/2025     | Remuneration-Related                                                       | SECTION 14A SAY-ON-PAY VOTES |           5500 |                0 | Against     |                                     5500 | FOR                         | Directors' Compensation                |
| Bollore SE                                      | F10659260 | 05/21/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |           5500 |                0 | Against     |                                     5500 | FOR                         | Remuneration Policy  Implementation    |
| Bollore SE                                      | F10659260 | 05/21/2025     | Approve Remuneration Policy                                                | SECTION 14A SAY-ON-PAY VOTES |           5500 |                0 | For         |                                     5500 | FOR                         | Remuneration Policy  Implementation    |
| Bollore SE                                      | F10659260 | 05/21/2025     | Approve Remuneration Policy                                                | SECTION 14A SAY-ON-PAY VOTES |           5500 |                0 | Against     |                                     5500 | FOR                         | Remuneration Policy  Implementation    |
| Bollore SE                                      | F10659260 | 05/21/2025     | Approve Qualified Employee Stock Purchase Plan                             | SECTION 14A SAY-ON-PAY VOTES |           5500 |                0 | For         |                                     5500 | FOR                         | Employee Stock Ownership/Purchase Plan |
| Bollore SE                                      | F10659260 | 05/21/2025     | Approve Restricted Stock Plan                                              | SECTION 14A SAY-ON-PAY VOTES |           5500 |                0 | Against     |                                     5500 | FOR                         | Equity Compensation Plan               |
| Epsilon Energy Ltd.                             | 294375209 | 05/21/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |         250000 |                0 | For         |                                   250000 | FOR                         | Remuneration Policy  Implementation    |
| Hertz Global Holdings, Inc.                     | 42806J700 | 05/21/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |              1 |                0 | Against     |                                        1 | FOR                         | Remuneration Policy  Implementation    |
| Genpact Limited                                 | G3922B107 | 05/22/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |         297180 |                0 | For         |                                   297180 | FOR                         | Remuneration Policy  Implementation    |
| Kenvue Inc.                                     | 49177J102 | 05/22/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |          15000 |                0 | For         |                                    15000 | FOR                         | Remuneration Policy  Implementation    |
| PT Kalbe Farma Tbk                              | Y71287208 | 05/22/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |       64727900 |                0 | For         |                                 64727900 | FOR                         | Directors' Compensation                |
| Seven  i Holdings Co., Ltd.                     | J7165H108 | 05/27/2025     | Approve Increase in Aggregate Compensation Ceiling for Directors           | SECTION 14A SAY-ON-PAY VOTES |        2837601 |           145799 | For         |                                  2837601 | FOR                         | Directors' Compensation                |
| Seven  i Holdings Co., Ltd.                     | J7165H108 | 05/27/2025     | Approve Restricted Stock Plan                                              | SECTION 14A SAY-ON-PAY VOTES |        2837601 |           145799 | For         |                                  2837601 | FOR                         | Equity Compensation Plan               |
| Arista Networks, Inc.                           | 040413205 | 05/30/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |          41200 |                0 | Against     |                                    41200 | FOR                         | Remuneration Policy  Implementation    |
| Nedbank Group Ltd.                              | S5518R104 | 05/30/2025     | Approve Remuneration Policy                                                | SECTION 14A SAY-ON-PAY VOTES |           2041 |                0 | For         |                                     2041 | FOR                         | Remuneration Policy  Implementation    |
| Nedbank Group Ltd.                              | S5518R104 | 05/30/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |           2041 |                0 | For         |                                     2041 | FOR                         | Remuneration Policy  Implementation    |
| Nedbank Group Ltd.                              | S5518R104 | 05/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |           2041 |                0 | For         |                                     2041 | FOR                         | Directors' Compensation                |
| Nedbank Group Ltd.                              | S5518R104 | 05/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |           2041 |                0 | For         |                                     2041 | FOR                         | Directors' Compensation                |
| Nedbank Group Ltd.                              | S5518R104 | 05/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |           2041 |                0 | For         |                                     2041 | FOR                         | Directors' Compensation                |
| Nedbank Group Ltd.                              | S5518R104 | 05/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |           2041 |                0 | For         |                                     2041 | FOR                         | Directors' Compensation                |
| Nedbank Group Ltd.                              | S5518R104 | 05/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |           2041 |                0 | For         |                                     2041 | FOR                         | Directors' Compensation                |
| Nedbank Group Ltd.                              | S5518R104 | 05/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |           2041 |                0 | For         |                                     2041 | FOR                         | Directors' Compensation                |
| Nedbank Group Ltd.                              | S5518R104 | 05/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |           2041 |                0 | For         |                                     2041 | FOR                         | Directors' Compensation                |
| Nedbank Group Ltd.                              | S5518R104 | 05/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |           2041 |                0 | For         |                                     2041 | FOR                         | Directors' Compensation                |
| Nedbank Group Ltd.                              | S5518R104 | 05/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |           2041 |                0 | For         |                                     2041 | FOR                         | Directors' Compensation                |
| Nedbank Group Ltd.                              | S5518R104 | 05/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |           2041 |                0 | For         |                                     2041 | FOR                         | Directors' Compensation                |
| Nedbank Group Ltd.                              | S5518R104 | 05/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |           2041 |                0 | For         |                                     2041 | FOR                         | Directors' Compensation                |
| Nedbank Group Ltd.                              | S5518R104 | 05/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |           2041 |                0 | For         |                                     2041 | FOR                         | Directors' Compensation                |
| Nedbank Group Ltd.                              | S5518R104 | 05/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |           2041 |                0 | For         |                                     2041 | FOR                         | Directors' Compensation                |
| Nedbank Group Ltd.                              | S5518R104 | 05/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |           2041 |                0 | For         |                                     2041 | FOR                         | Directors' Compensation                |
| Nedbank Group Ltd.                              | S5518R104 | 05/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |           2041 |                0 | For         |                                     2041 | FOR                         | Directors' Compensation                |
| Old Mutual Ltd.                                 | S5790B132 | 05/30/2025     | Approve Remuneration Policy                                                | SECTION 14A SAY-ON-PAY VOTES |         154750 |                0 | For         |                                   154750 | FOR                         | Remuneration Policy  Implementation    |
| Old Mutual Ltd.                                 | S5790B132 | 05/30/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |         154750 |                0 | For         |                                   154750 | FOR                         | Remuneration Policy  Implementation    |
| Old Mutual Ltd.                                 | S5790B132 | 05/30/2025     | Approve Remuneration of Directors and/or Committee Members                 | SECTION 14A SAY-ON-PAY VOTES |         154750 |                0 | For         |                                   154750 | FOR                         | Directors' Compensation                |
| Cognizant Technology Solutions Corporation      | 192446102 | 06/03/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |         153900 |                0 | For         |                                   153900 | FOR                         | Remuneration Policy  Implementation    |
| Expand Energy Corporation                       | 165167735 | 06/05/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |            100 |                0 | For         |                                      100 | FOR                         | Remuneration Policy  Implementation    |
| NIPPON ACTIVE VALUE FUND PLC                    | G6427Z115 | 06/05/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |       30960000 |                0 | For         |                                 30960000 | FOR                         | Remuneration Policy  Implementation    |
| NIPPON ACTIVE VALUE FUND PLC                    | G6427Z115 | 06/05/2025     | Approve Remuneration Policy                                                | SECTION 14A SAY-ON-PAY VOTES |       30960000 |                0 | For         |                                 30960000 | FOR                         | Remuneration Policy  Implementation    |
| Canal+ SA                                       | F1R42L106 | 06/06/2025     | Approve Restricted Stock Plan                                              | SECTION 14A SAY-ON-PAY VOTES |          15000 |                0 | For         |                                    15000 | FOR                         | Equity Compensation Plan               |
| Toyota Industries Corp.                         | J92628106 | 06/10/2025     | Performance-Based and/or Time-Based Equity Awards                          | SECTION 14A SAY-ON-PAY VOTES |         848600 |                0 | For         |                                   848600 | AGAINST                     | Compensation                           |
| 360 One Wam Limited                             | Y8R01R106 | 06/11/2025     | Approve/Amend Employment Agreements                                        | SECTION 14A SAY-ON-PAY VOTES |         159971 |                0 | For         |                                   159971 | FOR                         | Compensation                           |
| Amplify Energy Corp.                            | 03212B103 | 06/13/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |          89410 |                0 | For         |                                    89410 | FOR                         | Remuneration Policy  Implementation    |
| Bunka Shutter Co. Ltd.                          | J04788105 | 06/17/2025     | Approve Increase in Aggregate Compensation Ceiling for Directors           | SECTION 14A SAY-ON-PAY VOTES |        9386800 |                0 | For         |                                  9386800 | FOR                         | Directors' Compensation                |
| Helios Techno Holding Co., Ltd.                 | J20455101 | 06/17/2025     | Performance-Based and/or Time-Based Equity Awards                          | SECTION 14A SAY-ON-PAY VOTES |        5349500 |                0 | Against     |                                  5349500 | AGAINST                     | Compensation                           |
| Tata Consultancy Services Limited               | Y85279100 | 06/19/2025     | Approve/Amend Employment Agreements                                        | SECTION 14A SAY-ON-PAY VOTES |          23343 |                0 | For         |                                    23343 | FOR                         | Compensation                           |
| United Spirits Limited                          | Y92311128 | 06/20/2025     | Approve/Amend Employment Agreements                                        | SECTION 14A SAY-ON-PAY VOTES |         433603 |                0 | For         |                                   433603 | FOR                         | Compensation                           |
| Bandai Namco Holdings, Inc.                     | Y0606D102 | 06/23/2025     | Approve Increase in Aggregate Compensation Ceiling for Directors           | SECTION 14A SAY-ON-PAY VOTES |        4369700 |                0 | For         |                                  4369700 | FOR                         | Directors' Compensation                |
| Bandai Namco Holdings, Inc.                     | Y0606D102 | 06/23/2025     | Approve Restricted Stock Plan                                              | SECTION 14A SAY-ON-PAY VOTES |        4369700 |                0 | For         |                                  4369700 | FOR                         | Equity Compensation Plan               |
| ASKA Pharmaceutical Holdings Co., Ltd.          | J0326Y102 | 06/24/2025     | Performance-Based and/or Time-Based Equity Awards                          | SECTION 14A SAY-ON-PAY VOTES |        4653100 |                0 | For         |                                  4653100 | AGAINST                     | Compensation                           |
| Konishi Co., Ltd.                               | J36082105 | 06/24/2025     | Approve Restricted Stock Plan                                              | SECTION 14A SAY-ON-PAY VOTES |         275000 |                0 | For         |                                   275000 | FOR                         | Equity Compensation Plan               |
| Konishi Co., Ltd.                               | J36082105 | 06/24/2025     | Approve Restricted Stock Plan                                              | SECTION 14A SAY-ON-PAY VOTES |         275000 |                0 | For         |                                   275000 | FOR                         | Equity Compensation Plan               |
| Nippon Fine Chemical Co., Ltd.                  | J53505103 | 06/24/2025     | Performance-Based and/or Time-Based Equity Awards                          | SECTION 14A SAY-ON-PAY VOTES |        1200000 |                0 | For         |                                  1200000 | AGAINST                     | Compensation                           |
| Sony Group Corp.                                | J76379106 | 06/24/2025     | Approve Qualified Employee Stock Purchase Plan                             | SECTION 14A SAY-ON-PAY VOTES |        3077300 |                0 | For         |                                  3077300 | FOR                         | Employee Stock Ownership/Purchase Plan |
| NHK Spring Co., Ltd.                            | J49162126 | 06/25/2025     | Approve Restricted Stock Plan                                              | SECTION 14A SAY-ON-PAY VOTES |        4064700 |                0 | For         |                                  4064700 | FOR                         | Equity Compensation Plan               |
| NVIDIA Corporation                              | 67066G104 | 06/25/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation             | SECTION 14A SAY-ON-PAY VOTES |         217050 |                0 | For         |                                   217050 | FOR                         | Remuneration Policy  Implementation    |
| Rinnai Corp.                                    | J65199101 | 06/25/2025     | Performance-Based and/or Time-Based Equity Awards                          | SECTION 14A SAY-ON-PAY VOTES |        4552300 |                0 | For         |                                  4552300 | AGAINST                     | Compensation                           |
| Sanwa Holdings Corp.                            | J6858G104 | 06/25/2025     | Approve Increase in Aggregate Compensation Ceiling for Statutory Auditors  | SECTION 14A SAY-ON-PAY VOTES |        2456600 |                0 | For         |                                  2456600 | FOR                         | Directors' Compensation                |
| Sekisui Jushi Corp.                             | J70789110 | 06/25/2025     | Performance-Based and/or Time-Based Equity Awards                          | SECTION 14A SAY-ON-PAY VOTES |        1900000 |                0 | For         |                                  1900000 | AGAINST                     | Compensation                           |
| Yakult Honsha Co., Ltd.                         | J95468120 | 06/25/2025     | Performance-Based and/or Time-Based Equity Awards                          | SECTION 14A SAY-ON-PAY VOTES |        3076700 |                0 | For         |                                  3076700 | AGAINST                     | Compensation                           |
| Grasim Industries Limited                       | Y2851U102 | 06/26/2025     | Approve/Amend Employment Agreements                                        | SECTION 14A SAY-ON-PAY VOTES |         103351 |                0 | For         |                                   103351 | FOR                         | Compensation                           |
| Grasim Industries Limited                       | Y2851U102 | 06/26/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         103351 |                0 | For         |                                   103351 | FOR                         | Remuneration Policy  Implementation    |
| Meisei Industrial Co., Ltd.                     | J42024109 | 06/26/2025     | Approve Restricted Stock Plan                                              | SECTION 14A SAY-ON-PAY VOTES |        4714200 |                0 | For         |                                  4714200 | FOR                         | Equity Compensation Plan               |
| NASU DENKI-TEKKO CO., LTD.                      | J48603104 | 06/26/2025     | Approve Retirement Bonuses for Directors                                   | SECTION 14A SAY-ON-PAY VOTES |         110600 |                0 | Against     |                                   110600 | FOR                         | Director/Statutory Auditor Bonus       |
| Nitta Corp.                                     | J58246109 | 06/26/2025     | Performance-Based and/or Time-Based Equity Awards                          | SECTION 14A SAY-ON-PAY VOTES |        1131900 |                0 | For         |                                  1131900 | AGAINST                     | Compensation                           |
| Toyo Suisan Kaisha, Ltd.                        | 892306101 | 06/26/2025     | Approve Annual Bonus Payment for Directors and Statutory Auditors          | SECTION 14A SAY-ON-PAY VOTES |         865700 |                0 | For         |                                   865700 | FOR                         | Director/Statutory Auditor Bonus       |
| Vital KSK Holdings, Inc.                        | J9460Q106 | 06/26/2025     | Approve Restricted Stock Plan                                              | SECTION 14A SAY-ON-PAY VOTES |        1500000 |                0 | For         |                                  1500000 | FOR                         | Equity Compensation Plan               |
| Dai Nippon Printing Co., Ltd.                   | J10584142 | 06/27/2025     | Approve Increase in Aggregate Compensation Ceiling for Directors           | SECTION 14A SAY-ON-PAY VOTES |        1099000 |                0 | For         |                                  1099000 | FOR                         | Directors' Compensation                |
| Koito Manufacturing Co., Ltd.                   | J34899104 | 06/27/2025     | Approve Increase in Aggregate Compensation Ceiling for Directors           | SECTION 14A SAY-ON-PAY VOTES |        1643800 |                0 | For         |                                  1643800 | FOR                         | Directors' Compensation                |
| Koito Manufacturing Co., Ltd.                   | J34899104 | 06/27/2025     | Approve Restricted Stock Plan                                              | SECTION 14A SAY-ON-PAY VOTES |        1643800 |                0 | For         |                                  1643800 | FOR                         | Equity Compensation Plan               |
| Meiko Trans Co., Ltd.                           | J41938101 | 06/27/2025     | Approve Increase in Aggregate Compensation Ceiling for Directors           | SECTION 14A SAY-ON-PAY VOTES |        1710100 |                0 | For         |                                  1710100 | FOR                         | Directors' Compensation                |
| Meiko Trans Co., Ltd.                           | J41938101 | 06/27/2025     | Performance-Based and/or Time-Based Equity Awards                          | SECTION 14A SAY-ON-PAY VOTES |        1710100 |                0 | For         |                                  1710100 | AGAINST                     | Compensation                           |
| Murata Manufacturing Co. Ltd.                   | J46840104 | 06/27/2025     | Approve Restricted Stock Plan                                              | SECTION 14A SAY-ON-PAY VOTES |        1765600 |                0 | For         |                                  1765600 | FOR                         | Equity Compensation Plan               |
| Stella Chemifa Corp.                            | J7674E109 | 06/27/2025     | Approve Restricted Stock Plan                                              | SECTION 14A SAY-ON-PAY VOTES |        1867100 |                0 | For         |                                  1867100 | FOR                         | Equity Compensation Plan               |
| Stella Chemifa Corp.                            | J7674E109 | 06/27/2025     | Performance-Based and/or Time-Based Equity Awards                          | SECTION 14A SAY-ON-PAY VOTES |        1867100 |                0 | For         |                                  1867100 | AGAINST                     | Compensation                           |
| Tsurumi Manufacturing Co., Ltd.                 | J93493112 | 06/27/2025     | Approve Increase in Aggregate Compensation Ceiling for Directors           | SECTION 14A SAY-ON-PAY VOTES |        2441959 |                0 | For         |                                  2441959 | FOR                         | Directors' Compensation                |
| Tsurumi Manufacturing Co., Ltd.                 | J93493112 | 06/27/2025     | Approve Restricted Stock Plan                                              | SECTION 14A SAY-ON-PAY VOTES |        2441959 |                0 | For         |                                  2441959 | FOR                         | Equity Compensation Plan               |
| XNET Corp.                                      | J9520M103 | 06/27/2025     | Approve Restricted Stock Plan                                              | SECTION 14A SAY-ON-PAY VOTES |         140000 |                0 | Against     |                                   140000 | FOR                         | Equity Compensation Plan               |
| ICICI Lombard General Insurance Company Limited | Y3R55N101 | 06/30/2025     | Approve Remuneration of Executive Directors and/or Non-Executive Directors | SECTION 14A SAY-ON-PAY VOTES |         467585 |                0 | For         |                                   467585 | FOR                         | Remuneration Policy  Implementation    |

## N-PX: Signature Block

**Reporting Person:** Dalton Investments, Inc.

**By (Signature):** Christopher Ha

**By (Printed Signature):** Christopher Ha

**By (Title):** Chief Compliance Officer

**Date:** 08/20/2025