# EDGAR Filing Document

**Accession Number:** 0001297496
**File Stem:** 0001297496-25-000020
**Filing Date:** 2025-8
**Character Count:** 85033
**Document Hash:** 3ef46a6adc560f44b42634df88ba4435
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001297496-25-000020.hdr.sgml**: 20250807

**ACCESSION NUMBER**: 0001297496-25-000020

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250807

**EFFECTIVENESS DATE**: 20250807

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LETKO, BROSSEAU & ASSOCIATES INC
- **CENTRAL INDEX KEY:** 0001297496

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A8
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10940
- **FILM NUMBER:** 251193577

**BUSINESS ADDRESS:**
- **STREET 1:** 1800, MCGILL COLLEGE, SUITE 2510
- **CITY:** MONTREAL
- **STATE:** A8
- **ZIP:** H3A 3J6
- **BUSINESS PHONE:** (514) 499-1200

**MAIL ADDRESS:**
- **STREET 1:** 1800, MCGILL COLLEGE, SUITE 2510
- **CITY:** MONTREAL
- **STATE:** A8
- **ZIP:** H3A 3J6

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

## N-PX: Filer Information

**Filer CIK:** 0001297496

**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:** LETKO, BROSSEAU  ASSOCIATES INC

**Address:** 1800, MCGILL COLLEGE, SUITE 2510, MONTREAL, A8 H3A 3J6

**Telephone number:** (514)499-1200

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-10940

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| 89BIO INC                                                    | 282559103 | 05/28/2025     | Approval of, on an advisory basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          10700 |                0 | FOR         |                                    10700 | 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 |         184099 |                0 | FOR         |                                   184099 | FOR                         |  |
| ADIENT PLC                                                   |  | 03/11/2025     | To approve, on an advisory basis, our named executive officer compensation.                                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |        1420586 |                0 | AGAINST     |                                  1420586 | FOR                         |  |
| ADOBE INC                                                    | 00724F101 | 04/22/2025     | Approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         147861 |                0 | FOR         |                                   147861 | FOR                         |  |
| AEGON LTD                                                    |  | 06/12/2025     | ANNUAL REPORT AND ANNUAL ACCOUNTS 2024: REMUNERATION REPORT 2024                                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |            500 |                0 | FOR         |                                      500 | FOR                         |  |
| AKERO THERAPEUTICS INC                                       | 00973Y108 | 06/03/2025     | To consider and act upon a non-binding, advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |           3550 |                0 | FOR         |                                     3550 | FOR                         |  |
| ALBEMARLE CORPORATION                                        | 012653101 | 05/06/2025     | Advisory vote to approve the compensation of our named executive officers                                                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |           1013 |                0 | FOR         |                                     1013 | FOR                         |  |
| ALDEYRA THERAPEUTICS INC                                     | 01438T106 | 06/10/2025     | To approve, on a non-binding, advisory basis, the compensation of Aldeyra Therapeutics, Inc.'s named executive officers.                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          17300 |                0 | FOR         |                                    17300 | FOR                         |  |
| ARCADIUM LITHIUM PLC                                         |  | 07/25/2024     | Advisory (non-binding) approval of named executive officer compensation                                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |          40500 |                0 | FOR         |                                    40500 | FOR                         |  |
| ARCADIUM LITHIUM PLC                                         |  | 07/25/2024     | Proposal to recommend by non-binding vote, the frequency of shareholder advisory vote on executive compensation.                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          40500 |                0 | FOR         |                                    40500 | FOR                         |  |
| AT INC.                                                      | 00206R102 | 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 |        4200001 |                0 | FOR         |                                  4200001 | FOR                         |  |
| BANK OF AMERICA CORP                                         | 060505104 | 04/22/2025     | Approving our executive compensation (an advisory, non-binding "Say on Pay" resolution)                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         981427 |                0 | AGAINST     |                                   981427 | FOR                         |  |
| BANK OF MONTREAL                                             | 063671101 | 04/11/2025     | Advisory vote on the Bank's Approach to Executive Compensation                                                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |        1080472 |                0 | FOR         |                                  1080472 | FOR                         |  |
| BANK OF NOVA SCOTIA                                          | 064149107 | 04/08/2025     | Advisory vote on non-binding resolution on executive compensation approach.                                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |        2583565 |                0 | FOR         |                                  2583565 | FOR                         |  |
| BARRICK MINING CORP                                          | 06849F108 | 05/06/2025     | ADVISORY RESOLUTION ON APPROACH TO EXECUTIVE COMPENSATION.                                                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |        3117726 |                0 | FOR         |                                  3117726 | FOR                         |  |
| BCE INC                                                      | 05534B760 | 05/08/2025     | Advisory resolution on executive compensation as described in section 3.4 of the management proxy circular                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |        1975025 |                0 | FOR         |                                  1975025 | FOR                         |  |
| BECTON DICKINSON  CO                                         | 075887109 | 01/28/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |            200 |                0 | FOR         |                                      200 | FOR                         |  |
| BERRY GLOBAL GROUP                                           | 08579W103 | 02/25/2025     | Proposal to approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to Berry's named executive officers that is based on or otherwise relates to the transactions contemplated by the Merger Agreement, which proposal is referred to as the "Berry Advisory Compensation Proposal."                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         942862 |                0 | AGAINST     |                                   942862 | FOR                         |  |
| BERRY GLOBAL GROUP                                           | 08579W103 | 02/05/2025     | To approve, on an advisory, non-binding basis, our executive compensation.                                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         952712 |                0 | AGAINST     |                                   952712 | FOR                         |  |
| BERRY GLOBAL GROUP                                           | 08579W103 | 02/05/2025     | To vote, on an advisory, non-binding basis, on whether the advisory, non-binding vote on executive compensation should occur every one, two or three years.                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         952712 |                0 | FOR         |                                   952712 | FOR                         |  |
| BHP GROUP LTD                                                |  | 10/30/2024     | ADOPTION OF THE REMUNERATION REPORT                                                                                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |          41350 |                0 | FOR         |                                    41350 | FOR                         |  |
| BHP GROUP LTD                                                |  | 10/30/2024     | APPROVAL OF EQUITY GRANTS TO THE CHIEF EXECUTIVE OFFICER                                                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          41350 |                0 | FOR         |                                    41350 | FOR                         |  |
| BIOGEN IDEC INC                                              | 09062X103 | 06/17/2025     | Say on Pay - To hold an advisory vote on executive compensation.                                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         101017 |                0 | FOR         |                                   101017 | FOR                         |  |
| CAE INC                                                      | 124765108 | 08/14/2024     | APPROVING THE ADVISORY (NON BINDING) RESOLUTION ACCEPTING THE APPROACH TO EXECUTIVE COMPENSATION DISCLOSED IN THE INFORMATION CIRCULAR.                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |        2738092 |                0 | FOR         |                                  2738092 | FOR                         |  |
| CANADIAN IMPERIAL BANK OF COMMERCE                           | 136069101 | 04/03/2025     | Advisory resolution regarding our executive compensation approach                                                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |        1066457 |                0 | AGAINST     |                                  1066457 | FOR                         |  |
| CEMEX SAB DE CV                                              | 151290889 | 03/25/2025     | COMPENSATION OF THE MEMBERS OF THE BOARD OF DIRECTORS, OF THE AUDIT, CORPORATE PRACTICES AND FINANCE, AND SUSTAINABILITY, CLIMATE ACTION, SOCIAL IMPACT, AND DIVERSITY COMMITTEES.                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |        3679375 |                0 | FOR         |                                  3679375 | FOR                         |  |
| CENOVUS ENERGY INC                                           | 15135U109 | 05/08/2025     | Shareholder Advisory Vote on Executive Compensation Accept the Corporation's approach to executive compensation.                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |        3944399 |                0 | FOR         |                                  3944399 | FOR                         |  |
| CHARLES SCHWAB CORP/THE                                      | 808513105 | 05/22/2025     | Advisory approval of named executive officer compensation                                                                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |          21846 |                0 | FOR         |                                    21846 | FOR                         |  |
| CIRRUS LOGIC INC                                             | 172755100 | 07/26/2024     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         603349 |                0 | FOR         |                                   603349 | FOR                         |  |
| CITIGROUP INC.                                               | 172967424 | 04/29/2025     | Advisory vote to approve our 2024 Executive Compensation.                                                                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         958437 |                0 | FOR         |                                   958437 | FOR                         |  |
| COMCAST CORP                                                 | 20030N101 | 06/18/2025     | Advisory vote on executive compensation                                                                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |        1801626 |                0 | AGAINST     |                                  1801626 | FOR                         |  |
| COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP | 20441A102 | 04/29/2025     | to set the limit of the annual global compensation of the members of the management and the members of the Fiscal Council for the fiscal year ending on December 31, 2025.                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |        2239639 |                0 | FOR         |                                  2239639 | FOR                         |  |
| CONOCOPHILLIPS HOLDING CO.                                   | 20825C104 | 05/13/2025     | Advisory Approval of Executive Compensation.                                                                                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         414739 |                0 | AGAINST     |                                   414739 | FOR                         |  |
| CVS HEALTH CORP                                              | 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 |        1104950 |                0 | FOR         |                                  1104950 | FOR                         |  |
| DENALI THERAPEUTICS INC                                      | 24823R105 | 06/03/2025     | Advisory vote on executive compensation                                                                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |           7850 |                0 | FOR         |                                     7850 | FOR                         |  |
| DOVER CORP                                                   | 260003108 | 05/02/2025     | To approve, on an advisory basis, named executive officer compensation                                                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |            150 |                0 | FOR         |                                      150 | FOR                         |  |
| DUKE ENERGY CORP                                             | 26441C204 | 05/01/2025     | Advisory vote to approve Duke Energy's named executive officer compensation                                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |           2050 |                0 | FOR         |                                     2050 | FOR                         |  |
| EASTMAN CHEMICAL CO                                          | 277432100 | 05/01/2025     | Advisory Approval of Executive Compensation as Disclosed in Proxy Statement                                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         476216 |                0 | FOR         |                                   476216 | FOR                         |  |
| ENERFLEX LTD                                                 | 29269R105 | 05/07/2025     | Say on Pay Approve an advisory resolution to accept the Company's approach to executive compensation.                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |        3345911 |                0 | AGAINST     |                                  3345911 | FOR                         |  |
| ERO COPPER CORP                                              | 296006109 | 04/24/2025     | To approve a non-binding advisory "say on pay" resolution accepting the Company's approach to executive compensation.                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |           4060 |                0 | FOR         |                                     4060 | FOR                         |  |
| FEDEX CORP                                                   | 31428X106 | 09/23/2024     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         148290 |                0 | FOR         |                                   148290 | FOR                         |  |
| FORTIS INC.                                                  | 349553107 | 05/08/2025     | Approval of the advisory and non-binding resolution on the approach to executive compensation as described in the Management Information Circular.                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |           8500 |                0 | FOR         |                                     8500 | FOR                         |  |
| FREEPORT-MCMORAN INC.                                        | 35671D857 | 06/11/2025     | Approval, on an advisory basis, of the compensation of our named executive officers                                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |           6925 |                0 | FOR         |                                     6925 | FOR                         |  |
| GENMAB A/S                                                   |  | 03/12/2025     | ADVISORY VOTE ON THE COMPENSATION REPORT                                                                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         243130 |                0 | FOR         |                                   243130 | FOR                         |  |
| GENMAB A/S                                                   |  | 03/12/2025     | PROPOSALS FROM THE BOARD OF DIRECTOR: APPROVAL OF REMUNERATION TO THE BOARD OF DIRECTORS FOR 2025                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         243130 |                0 | FOR         |                                   243130 | 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 |         521048 |                0 | FOR         |                                   521048 | FOR                         |  |
| GRAPHIC PACKAGING HOLDING CO.                                | 388689101 | 05/21/2025     | Advisory vote on compensation paid to Named Executive Officers (Say-on-Pay).                                                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |        1089277 |                0 | FOR         |                                  1089277 | FOR                         |  |
| GSK PLC                                                      |  | 05/07/2025     | TO APPROVE THE ANNUAL REPORT ON REMUNERATION                                                                                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |        1612522 |                0 | FOR         |                                  1612522 | FOR                         |  |
| HESS CORP                                                    | 42809H107 | 05/14/2025     | Advisory approval of the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         130672 |                0 | AGAINST     |                                   130672 | FOR                         |  |
| HUDBAY MINERALS INC                                          | 443628102 | 05/20/2025     | Say on Pay Advisory Vote On an advisory basis, and not to diminish the role and responsibilities of Hudbay's Board of Directors, you accept the approach to executive compensation in our 2025 management information circular.                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |        5722658 |                0 | FOR         |                                  5722658 | 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 |         804290 |                0 | FOR         |                                   794790 | 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 |         804290 |                0 | AGAINST     |                                     9500 | FOR                         |  |
| ING GROEP NV                                                 |  | 04/22/2025     | REMUNERATION REPORT FOR 2024                                                                                                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |        2300719 |                0 | FOR         |                                  2300719 | FOR                         |  |
| INTEL CORP                                                   | 458140100 | 05/06/2025     | Advisory vote on executive compensation (Say-On-Pay).                                                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |        2871600 |                0 | AGAINST     |                                  2871600 | FOR                         |  |
| INVESCO LTD                                                  |  | 05/23/2025     | Advisory vote to approve the company's 2024 executive compensation.                                                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |        1530484 |                0 | AGAINST     |                                  1530484 | FOR                         |  |
| JOHNSON  JOHNSON                                             | 478160104 | 04/24/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |            500 |                0 | FOR         |                                      500 | FOR                         |  |
| KIMBERLY-CLARK CORP                                          | 494368103 | 05/01/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |           1515 |                0 | FOR         |                                     1515 | FOR                         |  |
| LULULEMON ATHLETICA INC.                                     | 550021109 | 06/11/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          63280 |                0 | FOR         |                                    63280 | FOR                         |  |
| MACERICH COMPANY                                             | 554382101 | 06/02/2025     | Advisory vote to approve our named executive officer compensation as described in our Proxy Statement.                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |        1578826 |                0 | AGAINST     |                                  1578826 | FOR                         |  |
| MAGNA INTERNATIONAL INC.                                     | 559222401 | 05/08/2025     | Resolved, on an advisory basis and not to diminish the roles and responsibilities of the Board of Directors, that the shareholders accept the approach to executive compensation disclosed in the accompanying management information circular/proxy statement.                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |        2256784 |                0 | FOR         |                                  2242134 | FOR                         |  |
| MAGNA INTERNATIONAL INC.                                     | 559222401 | 05/08/2025     | Resolved, on an advisory basis and not to diminish the roles and responsibilities of the Board of Directors, that the shareholders accept the approach to executive compensation disclosed in the accompanying management information circular/proxy statement.                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |        2256784 |                0 | AGAINST     |                                    14650 | FOR                         |  |
| MANULIFE FINANCIAL CORP                                      | 56501R106 | 05/08/2025     | Résolution consultative en vue d'accepter l'approche en matière de rémunération de la haute direction.                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |        3594501 |                0 | FOR         |                                  3594501 | 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 |         234374 |                0 | FOR         |                                   234374 | 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 |         203256 |                0 | FOR         |                                   200873 | 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 |         203256 |                0 | AGAINST     |                                     2383 | 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 |         203256 |                0 | 1 YEAR      |                                   203256 | FOR                         |  |
| METLIFE INC                                                  | 59156R108 | 06/17/2025     | Advisory (non-binding) vote to approve the compensation paid to MetLife, Inc.'s Named Executive Officers                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |           1450 |                0 | FOR         |                                     1450 | FOR                         |  |
| MICROSOFT CORP                                               | 594918104 | 12/10/2024     | Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote").                                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |            638 |                0 | FOR         |                                      638 | FOR                         |  |
| MODERNA INC                                                  | 60770K107 | 04/30/2025     | To approve, on a non-binding, advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         905242 |                0 | FOR         |                                   894692 | FOR                         |  |
| MODERNA INC                                                  | 60770K107 | 04/30/2025     | To approve, on a non-binding, advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         905242 |                0 | AGAINST     |                                    10550 | FOR                         |  |
| MONDELEZ INTERNATIONAL INC                                   | 609207105 | 05/21/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |            805 |                0 | FOR         |                                      805 | FOR                         |  |
| NUCOR CORP                                                   | 670346105 | 05/08/2025     | Approval, on an advisory basis, of Nucor's named executive officer compensation in 2024                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |            450 |                0 | FOR         |                                      450 | FOR                         |  |
| NUTRIEN INC                                                  | 67077M108 | 05/07/2025     | A non-binding advisory resolution to accept the Corporation's approach to executive compensation.                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |        1572453 |                0 | FOR         |                                  1572453 | FOR                         |  |
| O-I GLASS INC                                                | 67098H104 | 05/14/2025     | To approve, by advisory vote, the Company's named executive officer compensation.                                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |           2950 |                0 | AGAINST     |                                     2950 | FOR                         |  |
| OLEMA PHARMACEUTICALS INC                                    | 68062P106 | 06/10/2025     | Approval, on an advisory basis, of the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |           7600 |                0 | FOR         |                                     7600 | FOR                         |  |
| OPEN TEXT CORP                                               | 683715106 | 09/12/2024     | The non-binding Say-on-Pay Resolution, the full text of which is included in the Circular, with or without variation, on the Company's approach to executive compensation, as more particularly described in the Circular.                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |        2732840 |                0 | AGAINST     |                                  2732840 | FOR                         |  |
| OPTHEA LTD                                                   |  | 11/15/2024     | ISSUE OF OPTIONS TO MR. SUJAL SHAH UNDER THE NED SHARE AND OPTION PLAN                                                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         624000 |                0 | FOR         |                                   624000 | FOR                         |  |
| OPTHEA LTD                                                   |  | 11/15/2024     | ADOPTION OF REMUNERATION REPORT                                                                                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         624000 |                0 | FOR         |                                   624000 | FOR                         |  |
| OPTHEA LTD                                                   |  | 11/15/2024     | ISSUE OF OPTIONS TO DR. JEREMY LEVIN UNDER THE NED SHARE AND OPTION PLAN                                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         624000 |                0 | FOR         |                                   624000 | FOR                         |  |
| OPTHEA LTD                                                   |  | 11/15/2024     | ISSUE OF OPTIONS TO MR. LAWRENCE GOZLAN UNDER THE NED SHARE AND OPTION PLAN                                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         624000 |                0 | FOR         |                                   624000 | FOR                         |  |
| OPTHEA LTD                                                   |  | 11/15/2024     | ISSUE OF OPTIONS TO DR. JULIA HALLER UNDER THE NED SHARE AND OPTION PLAN                                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         624000 |                0 | FOR         |                                   624000 | FOR                         |  |
| OPTHEA LTD                                                   |  | 11/15/2024     | ISSUE OF OPTIONS TO DR. SUSAN ORR UNDER THE NED SHARE AND OPTION PLAN                                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         624000 |                0 | FOR         |                                   624000 | FOR                         |  |
| OPTHEA LTD                                                   |  | 11/15/2024     | ISSUE OF OPTIONS TO MR. QUINTON OSWALD UNDER THE NED SHARE AND OPTION PLAN                                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         624000 |                0 | FOR         |                                   624000 | FOR                         |  |
| OPTHEA LTD                                                   |  | 11/15/2024     | ISSUE OF OPTIONS TO MR. ANSHUL THAKRAL UNDER THE NED SHARE AND OPTION PLAN                                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         624000 |                0 | FOR         |                                   624000 | FOR                         |  |
| ORACLE CORP                                                  | 68389X105 | 11/14/2024     | Advisory Vote to Approve the Compensation of our Named Executive Officers.                                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         340682 |                0 | AGAINST     |                                   340682 | FOR                         |  |
| OUTSET MEDICAL                                               | 690145206 | 06/02/2025     | To approve, on a non-binding basis, the 2024 compensation of our named executive officers                                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |            903 |                0 | AGAINST     |                                      903 | FOR                         |  |
| OVINTIV INC                                                  | 69047Q102 | 05/01/2025     | Advisory Vote to Approve Compensation of Named Executive Officers                                                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |             20 |                0 | FOR         |                                       20 | FOR                         |  |
| PEMBINA PIPELINE CORP                                        | 706327103 | 05/09/2025     | To accept the Corporation's approach to executive compensation as disclosed in the Management Information Circular.                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |           9175 |                0 | FOR         |                                     9175 | FOR                         |  |
| PFIZER INC                                                   | 717081103 | 04/24/2025     | 2025 advisory approval of executive compensation                                                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |        3699629 |                0 | FOR         |                                  3699629 | FOR                         |  |
| PROCTER  GAMBLE CO                                           | 742718109 | 10/08/2024     | Advisory Vote to Approve the Company's Executive Compensation (the "Say on Pay" vote).                                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |            325 |                0 | FOR         |                                      325 | FOR                         |  |
| REPLIMUNE GROUP                                              | 76029N106 | 09/04/2024     | To approve, on a non-binding advisory basis, the compensation of Replimune Group, Inc.'s named executive officers.                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |           7525 |                0 | FOR         |                                     7525 | FOR                         |  |
| REPLIMUNE GROUP                                              | 76029N106 | 09/04/2024     | To approve, on a non-binding advisory basis, the preferred frequency of future advisory votes on the compensation of Replimune Group, Inc.'s named executive officers.                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |           7525 |                0 | 1 YEAR      |                                     7525 | FOR                         |  |
| RESTAURANT BRANDS INTERNATIONAL INC                          | 76131D103 | 06/03/2025     | Say-On-Pay: Approval, on a non-binding advisory basis, of the compensation paid to named executive officers.                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         275930 |                0 | FOR         |                                   275930 | FOR                         |  |
| RIO TINTO PLC                                                |  | 04/03/2025     | APPROVAL OF THE DIRECTORS REMUNERATION REPORT, IMPLEMENTATION REPORT: TO RECEIVE AND APPROVE THE DIRECTORS' REMUNERATION REPORT: IMPLEMENTATION REPORT FOR THE YEAR ENDED 31 DECEMBER 2024, AS SET OUT IN THE 2024 ANNUAL REPORT ON PAGES 119-122 AND 127-145, COMPRISING THE ANNUAL STATEMENT BY THE PEOPLE AND REMUNERATION COMMITTEE CHAIR AND THE IMPLEMENTATION REPORT (TOGETHER, THE IMPLEMENTATION REPORT) | SECTION 14A SAY-ON-PAY VOTES |          17175 |                0 | FOR         |                                    17175 | FOR                         |  |
| RIO TINTO PLC                                                |  | 04/03/2025     | APPROVAL OF THE DIRECTORS REMUNERATION REPORT: TO APPROVE THE DIRECTORS REMUNERATION REPORT FOR THE YEAR ENDED 31 DECEMBER 2024, AS SET OUT IN THE 2024 ANNUAL REPORT ON PAGES 119-145                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          17175 |                0 | FOR         |                                    17175 | FOR                         |  |
| ROYAL BANK OF CANADA                                         | 780087102 | 04/10/2025     | Advisory vote on the Bank's approach to executive compensation                                                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |        1017850 |                0 | FOR         |                                  1017850 | FOR                         |  |
| SANOFI SA                                                    |  | 04/30/2025     | APPROVE COMPENSATION REPORT OF CORPORATE OFFICERS                                                                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         619810 |                0 | FOR         |                                   619810 | FOR                         |  |
| SANOFI SA                                                    |  | 04/30/2025     | APPROVE COMPENSATION OF FREDERIC OUDEA, CHAIRMAN OF THE BOARD                                                                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         619810 |                0 | FOR         |                                   619810 | FOR                         |  |
| SANOFI SA                                                    |  | 04/30/2025     | APPROVE COMPENSATION OF PAUL HUDSON, CEO                                                                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         619810 |                0 | FOR         |                                   619810 | FOR                         |  |
| SAP SE                                                       |  | 05/13/2025     | RESOLUTION ON THE APPROVAL OF THE COMPENSATION REPORT FOR FISCAL YEAR 2024                                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |            970 |                0 | FOR         |                                      970 | FOR                         |  |
| SHELL PLC                                                    | 780259305 | 05/20/2025     | Approval of Directors' Remuneration Report                                                                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         640055 |                0 | FOR         |                                   640055 | FOR                         |  |
| SKYWORKS SOLUTIONS INC.                                      | 83088M102 | 05/14/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers, as described in the Company's Proxy Statement.                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         677842 |                0 | FOR         |                                   668768 | FOR                         |  |
| SKYWORKS SOLUTIONS INC.                                      | 83088M102 | 05/14/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers, as described in the Company's Proxy Statement.                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         677842 |                0 | AGAINST     |                                     9074 | FOR                         |  |
| SMURFIT WESTROCK PLC                                         |  | 05/02/2025     | ADVISORY VOTE TO RATIFY NAMED EXECUTIVE OFFICERS' COMPENSATION                                                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          85100 |                0 | FOR         |                                    85100 | FOR                         |  |
| SMURFIT WESTROCK PLC                                         |  | 05/02/2025     | ADVISORY VOTE ON SAY ON PAY FREQUENCY: PLEASE VOTE "FOR" ON THIS RESOLUTION TO APPROVE 1 YEAR                                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          85100 |                0 | 1 YEAR      |                                    85100 | FOR                         |  |
| SPRINKLR INC                                                 | 85208T107 | 06/12/2025     | To approve, on a non-binding, advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         944184 |                0 | AGAINST     |                                   944184 | FOR                         |  |
| STATE STREET CORP                                            | 857477103 | 05/14/2025     | To approve an advisory proposal on executive compensation.                                                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         685341 |                0 | FOR         |                                   685341 | FOR                         |  |
| SUN LIFE FINANCIAL INC                                       | 866796105 | 05/08/2025     | Non-Binding Advisory Vote on Approach to Executive Compensation                                                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |        1623523 |                0 | FOR         |                                  1623523 | FOR                         |  |
| SUNCOR ENERGY INC                                            | 867224107 | 05/06/2025     | To consider and, if deemed fit, approve an advisory resolution on Suncor's approach to executive compensation disclosed in the Management Proxy Circular of Suncor Energy Inc. dated February 26, 2025 (the "Circular").                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |        1404874 |                0 | FOR         |                                  1404874 | FOR                         |  |
| TECK RESOURCES LTD                                           | 878742204 | 04/24/2025     | To approve an advisory resolution on Teck's approach to executive compensation.                                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         975348 |                0 | FOR         |                                   975348 | FOR                         |  |
| TELEFONICA SA                                                |  | 04/09/2025     | CONSULTATIVE VOTE ON THE 2024 ANNUAL REPORT ON DIRECTORS' REMUNERATION                                                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |        4402162 |                0 | FOR         |                                  4402162 | FOR                         |  |
| TELUS CORP                                                   | 87971M103 | 05/09/2025     | Advisory vote on Say on Pay Approve the Company's approach to executive compensation.                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |        3538650 |                0 | FOR         |                                  3538650 | FOR                         |  |
| THE KRAFT HEINZ CO                                           | 500754106 | 05/08/2025     | Advisory vote to approve executive compensation.                                                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |            268 |                0 | FOR         |                                      268 | FOR                         |  |
| TORONTO-DOMINION BANK                                        | 891160509 | 04/10/2025     | Approach to executive compensation disclosed in the report of the Human Resources Committee and approach to executive compensation sections of the management proxy circular *Advisory Vote*                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |        1806981 |                0 | FOR         |                                  1806981 | FOR                         |  |
| TOTALENERGIES SE                                             |  | 05/23/2025     | APPROVAL OF THE INFORMATION RELATING TO THE COMPENSATION OF EXECUTIVE AND NON-EXECUTIVE DIRECTORS (MANDATAIRES SOCIAUX) MENTIONED IN PARAGRAPH I OF ARTICLE L. 22-10-9 OF THE FRENCH COMMERCIAL CODE                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         732500 |                0 | FOR         |                                   732500 | FOR                         |  |
| TOTALENERGIES SE                                             |  | 05/23/2025     | APPROVAL OF THE FIXED, VARIABLE AND EXTRAORDINARY COMPONENTS MAKING UP THE TOTAL COMPENSATION AND THE IN-KIND BENEFITS PAID DURING THE FISCAL YEAR 2024 OR ALLOCATED FOR THAT YEAR TO MR. PATRICK POUYANNE, CHAIRMAN AND CHIEF EXECUTIVE OFFICER                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         732500 |                0 | FOR         |                                   732500 | FOR                         |  |
| TOTALENERGIES SE                                             |  | 05/23/2025     | APPROVAL OF THE COMPENSATION POLICY APPLICABLE TO THE CHAIRMAN AND CHIEF EXECUTIVE OFFICER                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         732500 |                0 | FOR         |                                   732500 | FOR                         |  |
| TRUIST FINANCIAL CORP                                        | 89832Q109 | 04/29/2025     | Advisory vote to approve Truist's executive compensation program.                                                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |        1465739 |                0 | FOR         |                                  1465739 | FOR                         |  |
| UNITED AIRLINES HOLDINGS                                     | 910047109 | 05/21/2025     | A vote to approve, on a nonbinding advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |            375 |                0 | FOR         |                                      375 | FOR                         |  |
| UNITED PARCEL SERVICE OF AMERICA INC.                        | 911312106 | 05/08/2025     | To approve on an advisory basis named executive officer compensation.                                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |           5000 |                0 | FOR         |                                     5000 | FOR                         |  |
| VERIZON COMMUNICATIONS INC                                   | 92343V104 | 05/22/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |        1607007 |                0 | FOR         |                                  1607007 | FOR                         |  |
| VODAFONE GROUP PLC                                           | 92857W308 | 07/30/2024     | To approve the Annual Report on Remuneration contained in the Remuneration Report of the Board for the year ended 31 March 2024.                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |        1870304 |                0 | FOR         |                                  1870304 | FOR                         |  |
| WAL-MART STORES INC                                          | 931142103 | 06/05/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         417386 |                0 | FOR         |                                   417386 | FOR                         |  |
| WELLS FARGO  CO                                              | 949746101 | 04/29/2025     | Advisory vote to approve executive compensation (Say on Pay).                                                                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         707684 |                0 | FOR         |                                   707684 | FOR                         |  |
| WEST FRASER TIMBER CO LTD                                    | 952845105 | 04/23/2025     | To pass an advisory resolution to approve the Company's approach to executive compensation, as more particularly described under "Advisory Resolution on the Company's Approach to Executive Compensation (Say on Pay)" in the accompanying Information Circular.                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         679980 |                0 | FOR         |                                   679980 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** LETKO, BROSSEAU  ASSOCIATES INC

**By (Signature):** Isabelle Godin

**By (Printed Signature):** Isabelle Godin

**By (Title):** VP Operations and CFO

**Date:** 08/07/2025