# EDGAR Filing Document

**Accession Number:** 0002056690
**File Stem:** 0002056690-25-000012
**Filing Date:** 2025-8
**Character Count:** 58463
**Document Hash:** 6dc360c18b82919c55a25edbea904e3a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002056690-25-000012.hdr.sgml**: 20250818

**ACCESSION NUMBER**: 0002056690-25-000012

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250818

**EFFECTIVENESS DATE**: 20250818

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRIGLAV INVESTMENTS, D.O.O.
- **CENTRAL INDEX KEY:** 0002056690

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** 2A
- **FISCAL YEAR END:** 1231
- **LEGAL ENTITY IDENTIFIER:** 48510000NKZ3E6LSZM73

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25151
- **FILM NUMBER:** 251226637

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** DUNAJSKA CESTA 20
- **CITY:** LJUBLJANA
- **NON US STATE TERRITORY:** SLOVENIA
- **PROVINCE COUNTRY:** 2A
- **ZIP:** 1000
- **BUSINESS PHONE:** 00386 01 3007300

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** DUNAJSKA CESTA 20
- **CITY:** LJUBLJANA
- **NON US STATE TERRITORY:** SLOVENIA
- **PROVINCE COUNTRY:** 2A
- **ZIP:** 1000

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRIGLAV SKLADI, D.O.O.
- **DATE OF NAME CHANGE:** 20250213

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

## N-PX: Filer Information

**Filer CIK:** 0002056690

**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:** TRIGLAV INVESTMENTS, D.O.O.

**Address:** DUNAJSKA CESTA 20, LJUBLJANA, 2A 1000

**Telephone number:** 0038640540506

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-25151

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| DARDEN RESTAURANTS, INC.              | 237194105 | 09/18/2024     | To obtain non-binding advisory approval of the Company's executive compensation.                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |          23570 |                0 | AGAINST     |                                    23570 | FOR                         |  |
| THE PROCTER  GAMBLE COMPANY           | 742718109 | 10/08/2024     | Advisory Vote to Approve the Company's Executive Compensation (the "Say on Pay" vote).                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          20000 |                0 | FOR         |                                    20000 | FOR                         |  |
| LAM RESEARCH CORPORATION              | 512807108 | 11/05/2024     | Advisory vote to approve the compensation of the named executive officers of Lam Research, or "Say on Pay."                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |           1475 |                0 | FOR         |                                     1475 | FOR                         |  |
| ORACLE CORPORATION                    | 68389X105 | 11/14/2024     | Advisory Vote to Approve the Compensation of our Named Executive Officers.                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         130720 |                0 | AGAINST     |                                   130720 | FOR                         |  |
| COHERENT CORP.                        | 19247G107 | 11/14/2024     | Non-binding advisory vote to approve compensation paid to named executive officers in fiscal year 2024.                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |           6490 |                0 | AGAINST     |                                     6490 | FOR                         |  |
| SYSCO CORPORATION                     | 871829107 | 11/15/2024     | To approve, by advisory vote, the compensation paid to Sysco's named executive officers, as disclosed in Sysco's 2024 proxy statement.                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          20000 |                0 | FOR         |                                    20000 | FOR                         |  |
| RESMED INC.                           | 761152107 | 11/20/2024     | Approve, on an advisory basis, the compensation paid to our named executive officers, as disclosed in the proxy statement ("say-on-pay").                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |           7400 |                0 | AGAINST     |                                     7400 | FOR                         |  |
| FERGUSON ENTERPRISES INC              | 31488V107 | 12/05/2024     | TO APPROVE, ON AN ADVISORY BASIS, THE FISCAL 2024 COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          18947 |                0 | FOR         |                                    18947 | FOR                         |  |
| FERGUSON ENTERPRISES INC              | 31488V107 | 12/05/2024     | To determine the frequency of future advisory votes on executive compensation                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          18947 |                0 | 1 YEAR      |                                    18947 | FOR                         |  |
| CISCO SYSTEMS, INC.                   | 17275R102 | 12/09/2024     | Approval, on an advisory basis, of executive compensation.                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |           8550 |                0 | AGAINST     |                                     8550 | FOR                         |  |
| PALO ALTO NETWORKS, INC.              | 697435105 | 12/10/2024     | To approve, on an advisory basis, the frequency of holding future advisory votes on named executive officer compensation.                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |           3000 |                0 | 1 YEAR      |                                     3000 | FOR                         |  |
| PALO ALTO NETWORKS, INC.              | 697435105 | 12/10/2024     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |           3000 |                0 | AGAINST     |                                     3000 | FOR                         |  |
| MICROSOFT CORPORATION                 | 594918104 | 12/10/2024     | Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote").                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         200855 |                0 | FOR         |                                   200855 | FOR                         |  |
| MICRON TECHNOLOGY, INC.               | 595112103 | 01/16/2025     | PROPOSAL BY THE COMPANY TO APPROVE, ON A NON-BINDING ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS AS DESCRIBED IN THE PROXY STATEMENT.                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          61400 |                0 | AGAINST     |                                    61400 | FOR                         |  |
| INTUIT INC.                           | 461202103 | 01/23/2025     | Advisory vote to approve Intuit's executive compensation (say-on-pay).                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |           1325 |                0 | FOR         |                                     1325 | FOR                         |  |
| COSTCO WHOLESALE CORPORATION          | 22160K105 | 01/23/2025     | Approval, on an advisory basis, of executive compensation.                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |           7700 |                0 | FOR         |                                     7700 | FOR                         |  |
| BELLRING BRANDS, INC.                 | 07831C103 | 01/28/2025     | To consider and vote, on an advisory basis, for the adoption of a resolution approving the compensation of our named executive officers, as such compensation is described under the "Compensation Discussion and Analysis" and "Executive Compensation" sections of this proxy statement. | SECTION 14A SAY-ON-PAY VOTES |           6700 |                0 | AGAINST     |                                     6700 | FOR                         |  |
| VISA INC.                             | 92826C839 | 01/28/2025     | To approve, on an advisory basis, the compensation paid to our named executive officers.                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          46168 |                0 | FOR         |                                    46168 | FOR                         |  |
| EMERSON ELECTRIC CO.                  | 291011104 | 02/04/2025     | Approval, by non-binding advisory vote, of Emerson Electric Co. executive compensation.                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          84960 |                0 | FOR         |                                    84960 | FOR                         |  |
| APPLE INC.                            | 037833100 | 02/25/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         321645 |                0 | FOR         |                                   321645 | FOR                         |  |
| DEERE  COMPANY                        | 244199105 | 02/26/2025     | Advisory vote to approve executive compensation ("say-on-pay")                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |            990 |                0 | FOR         |                                      990 | FOR                         |  |
| TETRA TECH, INC.                      | 88162G103 | 02/27/2025     | To approve, on an advisory basis, the Company's named executive officers' compensation.                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          23325 |                0 | FOR         |                                    23325 | FOR                         |  |
| CENCORA, INC.                         | 03073E105 | 03/06/2025     | Advisory vote to approve the fiscal 2024 compensation of Cencora, Inc.'s named executive officers.                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |          16200 |                0 | FOR         |                                    16200 | FOR                         |  |
| APPLIED MATERIALS, INC.               | 038222105 | 03/06/2025     | Approval, on an advisory basis, of the compensation of Applied Materials' named executive officers for fiscal year 2024.                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |           2260 |                0 | FOR         |                                     2260 | FOR                         |  |
| AGILENT TECHNOLOGIES, INC.            | 00846U101 | 03/13/2025     | To approve, on a non-binding advisory basis, the compensation of our named executive officers.                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |           2830 |                0 | FOR         |                                     2830 | FOR                         |  |
| QUALCOMM INCORPORATED                 | 747525103 | 03/18/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          11610 |                0 | FOR         |                                    11610 | FOR                         |  |
| THE WALT DISNEY COMPANY               | 254687106 | 03/20/2025     | Consideration of an advisory vote to approve executive compensation.                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          87250 |                0 | FOR         |                                    87250 | FOR                         |  |
| SYNOPSYS, INC.                        | 871607107 | 04/10/2025     | To approve, on an advisory basis, the compensation of our named executive officers, as disclosed in the attached Proxy Statement.                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |           2850 |                0 | FOR         |                                     2850 | FOR                         |  |
| SYNOPSYS, INC.                        | 871607107 | 04/10/2025     | To vote on a stockholder proposal regarding shareholder ratification of golden parachutes, if properly presented at the meeting.                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |           2850 |                0 | FOR         |                                     2850 | AGAINST                     |  |
| BROADCOM INC                          | 11135F101 | 04/21/2025     | Advisory vote to approve the named executive officer compensation.                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         138800 |                0 | AGAINST     |                                   138800 | FOR                         |  |
| BANK OF AMERICA CORPORATION           | 060505104 | 04/22/2025     | Approving our executive compensation (an advisory, non-binding "Say on Pay" resolution)                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          90000 |                0 | FOR         |                                    90000 | FOR                         |  |
| THE CIGNA GROUP                       | 125523100 | 04/23/2025     | Advisory approval of executive compensation                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |          29382 |                0 | FOR         |                                    29382 | FOR                         |  |
| THE GOLDMAN SACHS GROUP, INC.         | 38141G104 | 04/23/2025     | Advisory Vote to Approve Executive Compensation (Say on Pay)                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |          49110 |                0 | AGAINST     |                                    49110 | FOR                         |  |
| CITIZENS FINANCIAL GROUP, INC.        | 174610105 | 04/24/2025     | Advisory Vote on Executive Compensation.                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         217800 |                0 | AGAINST     |                                   217800 | FOR                         |  |
| IQVIA HOLDINGS INC.                   | 46266C105 | 04/24/2025     | Approve an advisory (non-binding) resolution to approve IQVIA's executive compensation (say-on-pay).                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |           5500 |                0 | AGAINST     |                                     5500 | FOR                         |  |
| PFIZER INC.                           | 717081103 | 04/24/2025     | 2025 advisory approval of executive compensation                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         316700 |                0 | FOR         |                                   316700 | FOR                         |  |
| PFIZER INC.                           | 717081103 | 04/24/2025     | Shareholder Vote Regarding Golden Parachutes                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |         316700 |                0 | AGAINST     |                                   316700 | AGAINST                     |  |
| AVERY DENNISON CORPORATION            | 053611109 | 04/24/2025     | Approval, on an advisory basis, of our executive compensation.                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          39600 |                0 | FOR         |                                    39600 | FOR                         |  |
| AVERY DENNISON CORPORATION            | 053611109 | 04/24/2025     | Stockholder proposal for a stockholder approval requirement for excessive golden parachutes, if properly presented during the meeting.                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          39600 |                0 | AGAINST     |                                    39600 | AGAINST                     |  |
| JOHNSON  JOHNSON                      | 478160104 | 04/24/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          59500 |                0 | FOR         |                                    59500 | FOR                         |  |
| JOHNSON  JOHNSON                      | 478160104 | 04/24/2025     | Shareholder opportunity to vote on excessive golden parachutes                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          59500 |                0 | AGAINST     |                                    59500 | AGAINST                     |  |
| ABBOTT LABORATORIES                   | 002824100 | 04/25/2025     | Say on Pay - An Advisory Vote on the Approval of Executive Compensation                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          30100 |                0 | FOR         |                                    30100 | FOR                         |  |
| CITIGROUP INC.                        | 172967424 | 04/29/2025     | Advisory vote to approve our 2024 Executive Compensation.                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          97000 |                0 | FOR         |                                    97000 | FOR                         |  |
| CITIGROUP INC.                        | 172967424 | 04/29/2025     | Stockholder proposal requesting a shareholder vote regarding excessive golden parachutes.                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          97000 |                0 | AGAINST     |                                    97000 | AGAINST                     |  |
| AMERICAN EXPRESS COMPANY              | 025816109 | 04/29/2025     | Approval, on an advisory basis, of the Company's executive compensation.                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          41300 |                0 | FOR         |                                    41300 | FOR                         |  |
| INTERNATIONAL BUSINESS MACHINES CORP. | 459200101 | 04/29/2025     | Advisory Vote on Executive Compensation                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          32000 |                0 | FOR         |                                    32000 | FOR                         |  |
| TRUIST FINANCIAL CORPORATION          | 89832Q109 | 04/29/2025     | Advisory vote to approve Truist's executive compensation program.                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         218414 |                0 | FOR         |                                   218414 | FOR                         |  |
| BOSTON SCIENTIFIC CORPORATION         | 101137107 | 05/01/2025     | To approve, on a non-binding, advisory basis, the compensation of our named executive officers.                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          29000 |                0 | FOR         |                                    29000 | FOR                         |  |
| INTUITIVE SURGICAL, INC.              | 46120E602 | 05/01/2025     | To approve, by advisory vote, the compensation of the Company's Named Executive Officers.                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |           9420 |                0 | FOR         |                                     9420 | FOR                         |  |
| INTUITIVE SURGICAL, INC.              | 46120E602 | 05/01/2025     | The stockholder proposal that is titled "Shareholder approval requirement for excessive golden parachutes," if properly presented at the Annual Meeting.                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |           9420 |                0 | FOR         |                                     9420 | AGAINST                     |  |
| UBER TECHNOLOGIES, INC.               | 90353T100 | 05/05/2025     | Advisory vote to approve 2024 named executive officer compensation.                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |          54950 |                0 | FOR         |                                    54950 | FOR                         |  |
| ELI LILLY AND COMPANY                 | 532457108 | 05/05/2025     | Approval, on an advisory basis, of the compensation paid to the company's named executive officers.                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |          51900 |                0 | FOR         |                                    51900 | FOR                         |  |
| BRISTOL-MYERS SQUIBB COMPANY          | 110122108 | 05/06/2025     | Advisory Vote to Approve the Compensation of our Named Executive Officers                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          25000 |                0 | FOR         |                                    25000 | FOR                         |  |
| S GLOBAL INC.                         | 78409V104 | 05/07/2025     | Approve, on an advisory basis, the executive compensation program for the Company's named executive officers, as described in the Proxy Statement.                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |           1400 |                0 | FOR         |                                     1400 | FOR                         |  |
| IDEXX LABORATORIES, INC.              | 45168D104 | 05/07/2025     | Advisory Vote on Executive Compensation. To approve a nonbinding advisory resolution on the Company's executive compensation (Proposal Three).                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |            675 |                0 | FOR         |                                      675 | FOR                         |  |
| DARLING INGREDIENTS INC.              | 237266101 | 05/07/2025     | Advisory vote to approve, on an advisory basis, executive compensation.                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          43125 |                0 | FOR         |                                    43125 | FOR                         |  |
| GILEAD SCIENCES, INC.                 | 375558103 | 05/07/2025     | To approve, on an advisory basis, the compensation of our Named Executive Officers as presented in the Proxy Statement.                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          16000 |                0 | FOR         |                                    16000 | FOR                         |  |
| DEXCOM, INC.                          | 252131107 | 05/08/2025     | To provide a non-binding advisory vote on the compensation of our named executive officers for the fiscal year ended December 31, 2024.                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          18500 |                0 | FOR         |                                    18500 | FOR                         |  |
| EDWARDS LIFESCIENCES CORPORATION      | 28176E108 | 05/08/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          20060 |                0 | FOR         |                                    20060 | FOR                         |  |
| THE PROGRESSIVE CORPORATION           | 743315103 | 05/09/2025     | Cast an advisory vote to approve our executive compensation program.                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          17000 |                0 | FOR         |                                    17000 | FOR                         |  |
| ABBVIE INC.                           | 00287Y109 | 05/09/2025     | Say on Pay - An advisory vote on the approval of executive compensation                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          50621 |                0 | FOR         |                                    50621 | FOR                         |  |
| XYLEM INC.                            | 98419M100 | 05/13/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |           6660 |                0 | FOR         |                                     6660 | FOR                         |  |
| MANHATTAN ASSOCIATES, INC.            | 562750109 | 05/13/2025     | Non-binding resolution to approve the compensation of the Company's named executive officers.                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |           1500 |                0 | FOR         |                                     1500 | FOR                         |  |
| FIRST SOLAR, INC.                     | 336433107 | 05/14/2025     | Advisory vote to approve the compensation of our named executive officers                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          26000 |                0 | FOR         |                                    26000 | FOR                         |  |
| ADVANCED MICRO DEVICES, INC.          | 007903107 | 05/14/2025     | Approve on a non-binding, advisory basis the compensation of the named executive officers, as disclosed in this proxy statement pursuant to the compensation disclosure rules of the U.S. Securities and Exchange Commission.                                                              | SECTION 14A SAY-ON-PAY VOTES |          14090 |                0 | AGAINST     |                                    14090 | FOR                         |  |
| ELEVANCE HEALTH, INC.                 | 036752103 | 05/14/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |           4980 |                0 | FOR         |                                     4980 | FOR                         |  |
| VERTEX PHARMACEUTICALS INCORPORATED   | 92532F100 | 05/14/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |           3450 |                0 | FOR         |                                     3450 | FOR                         |  |
| VERTEX PHARMACEUTICALS INCORPORATED   | 92532F100 | 05/14/2025     | Shareholder proposal, if properly presented at the meeting, regarding excessive golden parachutes.                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |           3450 |                0 | FOR         |                                     3450 | AGAINST                     |  |
| CVS HEALTH CORPORATION                | 126650100 | 05/15/2025     | Say on Pay, a Proposal to Approve, on an Advisory Basis, the Company's Executive Compensation.                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         163815 |                0 | AGAINST     |                                   163815 | FOR                         |  |
| VERISK ANALYTICS, INC.                | 92345Y106 | 05/20/2025     | To approve executive compensation on an advisory, non-binding basis.                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |           2500 |                0 | FOR         |                                     2500 | FOR                         |  |
| HONEYWELL INTERNATIONAL INC.          | 438516106 | 05/20/2025     | Advisory Vote to Approve Executive Compensation.                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |          39360 |                0 | FOR         |                                    39360 | FOR                         |  |
| MCDONALD'S CORPORATION                | 580135101 | 05/20/2025     | Advisory Vote to Approve Executive Compensation.                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |          13000 |                0 | FOR         |                                    13000 | FOR                         |  |
| JPMORGAN CHASE  CO.                   | 46625H100 | 05/20/2025     | Advisory resolution to approve executive compensation                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         165595 |                0 | FOR         |                                   165595 | FOR                         |  |
| BIOMARIN PHARMACEUTICAL INC.          | 09061G101 | 05/20/2025     | To approve, on an advisory basis, the compensation of the Company's Named Executive Officers as disclosed in the Proxy Statement.                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          16500 |                0 | FOR         |                                    16500 | FOR                         |  |
| THERMO FISHER SCIENTIFIC INC.         | 883556102 | 05/21/2025     | An advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          25145 |                0 | AGAINST     |                                    25145 | FOR                         |  |
| NEUROCRINE BIOSCIENCES, INC.          | 64125C109 | 05/21/2025     | Advisory vote on the compensation paid to the Company's named executive officers.                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          11000 |                0 | FOR         |                                    11000 | FOR                         |  |
| EQUINIX, INC.                         | 29444U700 | 05/21/2025     | Approval, by a non-binding advisory vote, of the compensation of our named executive officers                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |           9460 |                0 | FOR         |                                     9460 | FOR                         |  |
| AMAZON.COM, INC.                      | 023135106 | 05/21/2025     | ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         382466 |                0 | AGAINST     |                                   382466 | FOR                         |  |
| SPROUTS FARMERS MARKET, INC.          | 85208M102 | 05/21/2025     | To vote on a non-binding advisory resolution to approve the compensation paid to our named executive officers for fiscal 2024 ("say-on-pay").                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |           8400 |                0 | FOR         |                                     8400 | FOR                         |  |
| ZOETIS INC.                           | 98978V103 | 05/21/2025     | Advisory vote to approve our executive compensation.                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |           4460 |                0 | FOR         |                                     4460 | FOR                         |  |
| ILLUMINA, INC.                        | 452327109 | 05/21/2025     | To approve, on an advisory basis, the compensation of the named executive officers as disclosed in the Proxy Statement.                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          10500 |                0 | FOR         |                                    10500 | FOR                         |  |
| QUANTA SERVICES, INC.                 | 74762E102 | 05/22/2025     | Approval, by non-binding advisory vote, of Quanta's executive compensation.                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |           5865 |                0 | FOR         |                                     5865 | FOR                         |  |
| SERVICENOW, INC.                      | 81762P102 | 05/22/2025     | Advisory vote to approve ServiceNow's named executive officer compensation.                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |           5400 |                0 | FOR         |                                     5400 | FOR                         |  |
| THE HOME DEPOT, INC.                  | 437076102 | 05/22/2025     | Advisory Vote to Approve Executive Compensation ("Say-on-Pay")                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          42620 |                0 | AGAINST     |                                    42620 | FOR                         |  |
| AMGEN INC.                            | 031162100 | 05/23/2025     | Advisory vote to approve our executive compensation.                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |           4500 |                0 | FOR         |                                     4500 | FOR                         |  |
| YUM CHINA HOLDINGS, INC.              | 98850P109 | 05/23/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          15000 |                0 | FOR         |                                    15000 | FOR                         |  |
| MERCK  CO., INC.                      | 58933Y105 | 05/27/2025     | Non-binding advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          36300 |                0 | FOR         |                                    36300 | FOR                         |  |
| META PLATFORMS, INC.                  | 30303M102 | 05/28/2025     | To approve, on a non-binding advisory basis, the compensation program for Meta Platforms, Inc.'s named executive officers as disclosed in Meta Platforms, Inc.'s proxy statement.                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         103739 |                0 | FOR         |                                   103739 | FOR                         |  |
| META PLATFORMS, INC.                  | 30303M102 | 05/28/2025     | To vote, on a non-binding advisory basis, whether a non-binding advisory vote on the compensation program for Meta Platforms, Inc.'s named executive officers should be held every one, two or three years.                                                                                | SECTION 14A SAY-ON-PAY VOTES |         103739 |                0 | 1 YEAR      |                                   103739 | AGAINST                     |  |
| GARTNER, INC.                         | 366651107 | 05/29/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |           1400 |                0 | FOR         |                                     1400 | FOR                         |  |
| ARISTA NETWORKS, INC.                 | 040413205 | 05/30/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |           7800 |                0 | AGAINST     |                                     7800 | FOR                         |  |
| LOWE'S COMPANIES, INC.                | 548661107 | 05/30/2025     | Advisory vote to approve the Company's named executive officer compensation in fiscal 2024.                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |          49060 |                0 | FOR         |                                    49060 | FOR                         |  |
| UNITEDHEALTH GROUP INCORPORATED       | 91324P102 | 06/02/2025     | Advisory approval of the Company's executive compensation.                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          37800 |                0 | FOR         |                                    37800 | FOR                         |  |
| UNITEDHEALTH GROUP INCORPORATED       | 91324P102 | 06/02/2025     | If properly presented at the 2025 Annual Meeting of Shareholders, the shareholder proposal requesting a shareholder vote regarding excessive golden parachutes.                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          37800 |                0 | FOR         |                                    37800 | AGAINST                     |  |
| SAREPTA THERAPEUTICS, INC.            | 803607100 | 06/05/2025     | ADVISORY VOTE TO APPROVE, ON A NON-BINDING BASIS, NAMED EXECUTIVE OFFICER COMPENSATION                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          11000 |                0 | FOR         |                                    11000 | FOR                         |  |
| WALMART INC.                          | 931142103 | 06/05/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         276060 |                0 | FOR         |                                   276060 | FOR                         |  |
| CLOUDFLARE, INC.                      | 18915M107 | 06/05/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |           6000 |                0 | AGAINST     |                                     6000 | FOR                         |  |
| PAYPAL HOLDINGS, INC.                 | 70450Y103 | 06/05/2025     | Advisory Vote to Approve Named Executive Officer Compensation.                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          11000 |                0 | FOR         |                                    11000 | FOR                         |  |
| SALESFORCE, INC.                      | 79466L302 | 06/05/2025     | Approval, on an advisory basis, of the fiscal 2025 compensation of our named executive officers.                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |          78335 |                0 | AGAINST     |                                    78335 | FOR                         |  |
| NETFLIX, INC.                         | 64110L106 | 06/05/2025     | Advisory approval of named executive officer compensation.                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          28760 |                0 | FOR         |                                    28760 | FOR                         |  |
| GENERAC HOLDINGS INC.                 | 368736104 | 06/12/2025     | Advisory vote on the non-binding "say-on-pay" resolution to approve the compensation of our executive officers                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |           3500 |                0 | FOR         |                                     3500 | FOR                         |  |
| REGENERON PHARMACEUTICALS, INC.       | 75886F107 | 06/13/2025     | Proposal to approve, on an advisory basis, executive compensation.                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |           2515 |                0 | FOR         |                                     2515 | FOR                         |  |
| BIOGEN INC.                           | 09062X103 | 06/17/2025     | Say on Pay - To hold an advisory vote on executive compensation.                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |           6000 |                0 | FOR         |                                     6000 | FOR                         |  |
| MASTERCARD INCORPORATED               | 57636Q104 | 06/24/2025     | Advisory approval of Mastercard's executive compensation                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          33235 |                0 | FOR         |                                    33235 | FOR                         |  |
| NVIDIA CORPORATION                    | 67066G104 | 06/25/2025     | Advisory approval of our executive compensation.                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         659495 |                0 | AGAINST     |                                   659495 | FOR                         |  |
| DELL TECHNOLOGIES INC.                | 24703L202 | 06/26/2025     | Approval, on a non-binding, advisory basis, of the compensation of Dell Technologies Inc.'s named executive officers as disclosed in the proxy statement                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          10500 |                0 | FOR         |                                    10500 | FOR                         |  |
| CARNIVAL CORPORATION                  | 143658300 | 04/16/2025     | To hold a (non-binding) advisory vote to approve the Carnival plc Directors' Remuneration Report (other than the section containing the Carnival plc Directors' Remuneration Policy) (in accordance with legal requirements applicable to UK companies).                                   | SECTION 14A SAY-ON-PAY VOTES |          10000 |                0 | FOR         |                                    10000 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** TRIGLAV INVESTMENTS, D.O.O.

**By (Signature):** Ursa Vuga

**By (Printed Signature):** Ursa Vuga

**By (Title):** Head of compliance department

**Date:** 08/18/2025