# EDGAR Filing Document

**Accession Number:** 0001238990
**File Stem:** 0001438934-25-000735
**Filing Date:** 2025-8
**Character Count:** 88742
**Document Hash:** 9243cf2fec033e1935bba71b98e656a9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001438934-25-000735.hdr.sgml**: 20250813

**ACCESSION NUMBER**: 0001438934-25-000735

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250813

**EFFECTIVENESS DATE**: 20250813

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.
- **CENTRAL INDEX KEY:** 0001238990

**ORGANIZATION NAME:**
- **EIN:** 820566501
- **STATE OF INCORPORATION:** MN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10972
- **FILM NUMBER:** 251208491

**BUSINESS ADDRESS:**
- **STREET 1:** 7701 FRANCE AVE. SOUTH
- **STREET 2:** SUITE 300
- **CITY:** EDINA
- **STATE:** MN
- **ZIP:** 55435
- **BUSINESS PHONE:** 9522244350

**MAIL ADDRESS:**
- **STREET 1:** 7701 FRANCE AVE. SOUTH
- **STREET 2:** SUITE 300
- **CITY:** EDINA
- **STATE:** MN
- **ZIP:** 55435

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BRIDGEWATER CAPITAL ADVISORS INC
- **DATE OF NAME CHANGE:** 20030605

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

## N-PX: Filer Information

**Filer CIK:** 0001238990

**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:** Punch  Associates Investment Management, Inc.

**Address:** 7701 France Avenue South, Edina, MN 55435

**Telephone number:** 9522244350

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-10972

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** 254900DESFPKSCE5ZR28

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| A10 NETWORKS, INC.                       | 002121101 | 04/17/2025     | To approve, on an advisory and non-binding basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |        1020273 |                0 | FOR         |                                  1020273 | FOR                         |  |
| ACCENTURE PLC                            | G1151C101 | 02/06/2025     | To approve, in a non-binding vote, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          28230 |              120 | FOR         |                                    28230 | FOR                         |  |
| ADDUS HOMECARE CORPORATION               | 006739106 | 06/18/2025     | To approve, on an advisory, non-binding basis, the compensation of the named executive officers.                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |          78874 |                0 | FOR         |                                    78874 | FOR                         |  |
| ADDUS HOMECARE CORPORATION               | 006739106 | 06/18/2025     | To approve, on an advisory non-binding basis, the frequency of holding an advisory, non-binding vote on the compensation of the named executive officers.                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          78874 |                0 | 1 YEAR      |                                    78874 | FOR                         |  |
| AGILYSYS, INC.                           | 00847J105 | 09/12/2024     | Approval, on a non-binding advisory basis, of the compensation of the Company's named executive officers set forth in the attached Proxy Statement.                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         116725 |                0 | FOR         |                                   116725 | FOR                         |  |
| ALAMO GROUP INC.                         | 011311107 | 05/08/2025     | Proposal FOR approval of the advisory vote on the compensation of the named executive officers.                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          53518 |                0 | FOR         |                                    53518 | FOR                         |  |
| ALEXANDER  BALDWIN, INC.                 | 014491104 | 04/22/2025     | Approve the advisory resolution relating to executive compensation                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         230288 |                0 | FOR         |                                   230288 | FOR                         |  |
| ALEXANDER  BALDWIN, INC.                 | 014491104 | 04/22/2025     | Approve the advisory vote on the frequency of the future advisory votes on executive compensation                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |         230288 |                0 | 1 YEAR      |                                   230288 | FOR                         |  |
| ALLEGION PLC                             | G0176J109 | 06/05/2025     | Approve the compensation of our named executive officers on an advisory (non-binding) basis.                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |            475 |                0 | FOR         |                                      475 | FOR                         |  |
| ALLIENT INC.                             | 019330109 | 05/07/2025     | ADVISORY VOTE TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.                                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         208000 |                0 | FOR         |                                   208000 | FOR                         |  |
| ALLIENT INC.                             | 019330109 | 05/07/2025     | ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION.                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         208000 |                0 | 1 YEAR      |                                   208000 | FOR                         |  |
| AMERICAN COASTAL INSURANCE CORPORATION   | 910710102 | 05/19/2025     | Approval, on an advisory basis, of the compensation of the Company's named executive officers as described in the proxy statement.                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         766210 |                0 | FOR         |                                   766210 | FOR                         |  |
| AMERICAN COASTAL INSURANCE CORPORATION   | 910710102 | 05/19/2025     | Approval, on an advisory basis, of the frequency of holding future advisory votes on the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |         766210 |                0 | 1 YEAR      |                                   766210 | AGAINST                     |  |
| AMERIPRISE FINANCIAL, INC.               | 03076C106 | 04/30/2025     | To approve the compensation of the named executive officers by a nonbinding advisory vote.                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |          23029 |                0 | AGAINST     |                                    23029 | AGAINST                     |  |
| ARCOSA, INC.                             | 039653100 | 05/14/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         265886 |              198 | FOR         |                                   265886 | FOR                         |  |
| ARCOSA, INC.                             | 039653100 | 05/14/2025     | Advisory vote to approve the frequency of the advisory vote on named executive officer compensation.                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         265886 |              198 | 1 YEAR      |                                   265886 | FOR                         |  |
| ARHAUS, INC.                             | 04035M102 | 05/15/2025     | To approve, on an advisory basis, our named executive officer compensation.                                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         805577 |             1701 | FOR         |                                   805577 | FOR                         |  |
| ARTISAN PARTNERS ASSET MANAGEMENT INC    | 04316A108 | 06/04/2025     | Advisory Vote to Approve Named Executive Officer Compensation.                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         328971 |                0 | FOR         |                                   328971 | FOR                         |  |
| AT INC.                                  | 00206R102 | 05/15/2025     | Advisory Approval of Executive Compensation                                                                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         308601 |                0 | FOR         |                                   308601 | FOR                         |  |
| AVIAT NETWORKS, INC.                     | 05366Y201 | 11/06/2024     | Advisory, non-binding vote to approve the Company's named executive officer compensation.                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         427786 |           133538 | FOR         |                                   427786 | FOR                         |  |
| AVIAT NETWORKS, INC.                     | 05366Y201 | 11/06/2024     | Advisory, non-binding vote on the frequency of holding advisory, non-binding votes to approve the Company's named executive officer compensation.                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |         427786 |           133538 | 1 YEAR      |                                   427786 | FOR                         |  |
| AVID BIOSERVICES, INC.                   | 05368M106 | 10/16/2024     | To approve, by an advisory vote, a non-binding resolution approving the compensation of the Company's named executive officers, as disclosed in the Company's proxy statement.                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |        2498542 |            29636 | FOR         |                                  2498542 | FOR                         |  |
| AVID BIOSERVICES, INC.                   | 05368M106 | 01/30/2025     | To approve, on an advisory (non-binding) basis, the compensation that may be paid or become payable to Avid's named executive officers that is based on or otherwise relates to the Merger Agreement and the transactions contentemplated by the Merger Agreement.                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |        2524002 |              126 | AGAINST     |                                  2524002 | AGAINST                     |  |
| BLACKSTONE MORTGAGE TRUST, INC.          | 09257W100 | 06/27/2025     | Advisory Vote on Executive Compensation: To approve in a non-binding, advisory vote, the compensation paid to our named executive officers.                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         367941 |                0 | FOR         |                                   367941 | FOR                         |  |
| BLACKSTONE MORTGAGE TRUST, INC.          | 09257W100 | 06/27/2025     | Frequency of Advisory Vote on Executive Compensation: To approve in a non-binding, advisory vote, whether a stockholder vote to approve the compensation of our named executive officers should occur every one, two or three years.                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         367941 |                0 | 1 YEAR      |                                   367941 | FOR                         |  |
| BLUELINX HOLDINGS INC                    | 09624H208 | 05/15/2025     | Proposal to approve the non-binding, advisory resolution regarding the executive compensation described in the proxy statement.                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         321927 |                0 | FOR         |                                   321927 | FOR                         |  |
| BRIDGEWATER BANCSHARES, INC.             | 108621103 | 04/22/2025     | Approve, on a non-binding advisory basis, the compensation paid to our named executive officers.                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |         662500 |                0 | FOR         |                                   662500 | FOR                         |  |
| BRIGHTSPIRE CAPITAL, INC.                | 10949T109 | 05/14/2025     | Approval of an advisory proposal regarding the compensation paid to BrightSpire Capital's named executive officers.                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |        2372383 |                0 | FOR         |                                  2372383 | FOR                         |  |
| BRIGHTSPIRE CAPITAL, INC.                | 10949T109 | 05/14/2025     | To recommend the frequency of future stockholder votes on "Say on Pay" proposals.                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |        2372383 |                0 | 1 YEAR      |                                  2372383 | FOR                         |  |
| BRIGHTVIEW HOLDINGS, INC.                | 10948C107 | 03/04/2025     | To approve a non-binding advisory resolution approving the compensation of the named executive officers.                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         834090 |                1 | FOR         |                                   834090 | FOR                         |  |
| BRIGHTVIEW HOLDINGS, INC.                | 10948C107 | 03/04/2025     | To determine in a non-binding advisory vote on the frequency (every one, two or three years) of the advisory vote on the compensation of the named executive officers.                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         834090 |                1 | 1 YEAR      |                                   834090 | AGAINST                     |  |
| BUNGE GLOBAL SA                          | H11356104 | 05/15/2025     | Advisory Vote to Approve Named Executive Officer Compensation Under U.S. Securities Law Requirements.                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         154329 |             1635 | FOR         |                                   154329 | FOR                         |  |
| CAPITAL SOUTHWEST CORPORATION            | 140501107 | 07/25/2024     | To approve, on an advisory basis, the compensation of Capital Southwest Corporation's named executive officers.                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         543298 |                1 | FOR         |                                   543298 | FOR                         |  |
| CARRIAGE SERVICES, INC.                  | 143905107 | 05/13/2025     | To approve on an advisory basis our 2024 Named Executive Officers' compensation.                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |         162283 |                0 | FOR         |                                   162283 | FOR                         |  |
| CARRIER GLOBAL CORPORATION               | 14448C104 | 04/09/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         116050 |                0 | FOR         |                                   116050 | FOR                         |  |
| CAVCO INDUSTRIES, INC.                   | 149568107 | 07/30/2024     | Advisory Vote to Approve Named Executive Officer Compensation.                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          32460 |              667 | FOR         |                                    32460 | FOR                         |  |
| CIVEO CORPORATION                        | 17878Y207 | 05/14/2025     | Advisory Vote to Approve Executive Compensation: We are asking that you approve, on a non-binding advisory basis, the compensation of our named executive officers as disclosed in the proxy statement, commonly referred to as a "Say-on-Pay" proposal.                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         439500 |                0 | FOR         |                                   439500 | FOR                         |  |
| CIVITAS RESOURCES, INC.                  | 17888H103 | 06/04/2025     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         216295 |              197 | FOR         |                                   216295 | FOR                         |  |
| CLEARFIELD, INC.                         | 18482P103 | 02/27/2025     | Approve, on a non-binding advisory basis, the compensation paid to named executive officers.                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         168376 |            90104 | FOR         |                                   168376 | FOR                         |  |
| CLIMB GLOBAL SOLUTIONS INC               | 946760105 | 06/03/2025     | A non-binding advisory resolution to approve the compensation of the Company's named executive officers, as described in the Company's proxy statement.                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         130722 |                0 | FOR         |                                   130722 | FOR                         |  |
| CLIMB GLOBAL SOLUTIONS INC               | 946760105 | 06/03/2025     | The approval of the frequency of future advisory votes on executive compensation.                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |         130722 |                0 | 1 YEAR      |                                   130722 | FOR                         |  |
| CSW INDUSTRIALS, INC.                    | 126402106 | 08/15/2024     | Approval, by non-binding vote, of executive compensation.                                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          49075 |               50 | FOR         |                                    49075 | FOR                         |  |
| DEERE  COMPANY                           | 244199105 | 02/26/2025     | Advisory vote to approve executive compensation ("say-on-pay")                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          19709 |                0 | FOR         |                                    19709 | FOR                         |  |
| DIAMOND HILL INVESTMENT GROUP, INC.      | 25264R207 | 04/29/2025     | Approval on an advisory basis of the 2024 compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |          68940 |                0 | FOR         |                                    68940 | FOR                         |  |
| DISTRIBUTION SOLUTIONS GROUP, INC.       | 520776105 | 05/22/2025     | Approval, on an advisory basis, of the compensation of our named executive officers (say-on-pay)                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |         129744 |                0 | FOR         |                                   129744 | FOR                         |  |
| DLH HOLDINGS CORP.                       | 23335Q100 | 03/13/2025     | An Advisory Vote regarding the approval of compensation paid to our named Executive Officers.                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         542606 |            21046 | FOR         |                                   542606 | FOR                         |  |
| DLH HOLDINGS CORP.                       | 23335Q100 | 03/13/2025     | An Advisory Vote on the frequency of future advisory votes on the compensation of our named Executive Officers.                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         542606 |            21046 | 1 YEAR      |                                   542606 | FOR                         |  |
| DOUGLAS DYNAMICS, INC.                   | 25960R105 | 04/29/2025     | Advisory vote (non-binding) to approve the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         608033 |                0 | FOR         |                                   608033 | FOR                         |  |
| ELECTROMED, INC.                         | 285409108 | 11/15/2024     | To approve, on a non-binding and advisory basis, our executive compensation.                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         395135 |                0 | FOR         |                                   395135 | 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 |          19295 |                0 | AGAINST     |                                    19295 | AGAINST                     |  |
| ELLINGTON FINANCIAL INC.                 | 28852N109 | 05/29/2025     | The approval, on an advisory basis, of the compensation of the named executive officers.                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         802284 |                0 | FOR         |                                   802284 | FOR                         |  |
| ENSTAR GROUP LIMITED                     | G3075P101 | 11/06/2024     | To approve, on a non-binding, advisory basis, the compensation that will or may become payable by Enstar to its named executive officers in connection with the Mergers.                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |           6552 |                0 | AGAINST     |                                     6552 | AGAINST                     |  |
| EOG RESOURCES, INC.                      | 26875P101 | 05/21/2025     | To approve, by non-binding vote, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          64047 |             1740 | FOR         |                                    64047 | FOR                         |  |
| EPSILON ENERGY LTD.                      | 294375209 | 05/21/2025     | To approve, through a non-binding advisory vote, the compensation paid to the Corporation's named executive officers for the year ended December 31, 2024.                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         223400 |                0 | FOR         |                                   223400 | FOR                         |  |
| EQUITY COMMONWEALTH                      | 294628102 | 11/12/2024     | To approve, on an advisory, non-binding basis, the compensation that may become payable by the Company to its named executive officers in connection with the Plan of Sale.                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         363177 |               98 | AGAINST     |                                   363177 | AGAINST                     |  |
| ETSY, INC.                               | 29786A106 | 06/17/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          78178 |                0 | AGAINST     |                                    78178 | AGAINST                     |  |
| FIRST INTERSTATE BANCSYSTEM, INC.        | 32055Y201 | 05/20/2025     | Adoption of non-binding advisory resolution on executive compensation.                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         438024 |                0 | FOR         |                                   438024 | FOR                         |  |
| FIRST WESTERN FINANCIAL, INC.            | 33751L105 | 06/04/2025     | Advisory, non-binding vote to approve the compensation paid to the Company's named executive officers.                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         210505 |                0 | FOR         |                                   210505 | FOR                         |  |
| FISERV, INC.                             | 337738108 | 05/14/2025     | To approve, on an advisory basis, the compensation of the named executive officers of Fiserv, Inc.                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          75259 |                0 | FOR         |                                    75259 | FOR                         |  |
| FLEXSTEEL INDUSTRIES, INC.               | 339382103 | 12/11/2024     | To approve, on an advisory basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          78313 |             3687 | FOR         |                                    78313 | FOR                         |  |
| FRANKLIN COVEY CO.                       | 353469109 | 01/24/2025     | Advisory vote on approval of executive compensation.                                                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         557552 |             3141 | FOR         |                                   557552 | FOR                         |  |
| GRAHAM CORPORATION                       | 384556106 | 08/20/2024     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          55000 |                0 | FOR         |                                    55000 | FOR                         |  |
| GRAND CANYON EDUCATION, INC.             | 38526M106 | 06/10/2025     | To approve, on an advisory basis, the compensation of our named executive officers as disclosed in the Proxy Statement.                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |            440 |                0 | FOR         |                                      440 | FOR                         |  |
| GREENLIGHT CAPITAL RE, LTD.              | G4095J109 | 07/25/2024     | To consider and cast a non-binding advisory vote on a resolution approving the compensation of the Company's named executive officers as disclosed pursuant to the compensation disclosure rules of the Securities and Exchange Commission.                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         696775 |                0 | FOR         |                                   696775 | FOR                         |  |
| HCI GROUP, INC.                          | 40416E103 | 06/10/2025     | Approval, on an advisory basis, of the compensation of the named executive officers.                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          12000 |                0 | FOR         |                                    12000 | FOR                         |  |
| HCI GROUP, INC.                          | 40416E103 | 06/10/2025     | Approval, on an advisory basis, of the frequency of votes on executive compensation.                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          12000 |                0 | 1 YEAR      |                                    12000 | FOR                         |  |
| HEALTHSTREAM, INC.                       | 42222N103 | 05/29/2025     | 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 |         483606 |                0 | FOR         |                                   483606 | FOR                         |  |
| HILLMAN SOLUTIONS CORP.                  | 431636109 | 06/03/2025     | Approve, by non-binding vote, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |        1287068 |                0 | FOR         |                                  1287068 | FOR                         |  |
| INFUSYSTEM HOLDINGS, INC.                | 45685K102 | 05/15/2025     | Approval, on advisory basis, of the Company's Executive Compensation.                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         969856 |                0 | FOR         |                                   969856 | 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 |          60202 |                0 | FOR         |                                    60202 | FOR                         |  |
| JEFFERIES FINANCIAL GROUP INC.           | 47233W109 | 03/27/2025     | Advisory vote to approve 2024 executive-compensation program.                                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |           2260 |                0 | FOR         |                                     2260 | FOR                         |  |
| JOHNSON  JOHNSON                         | 478160104 | 04/24/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          47435 |                0 | FOR         |                                    47435 | FOR                         |  |
| JPMORGAN CHASE  CO.                      | 46625H100 | 05/20/2025     | Advisory resolution to approve executive compensation                                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |          49757 |                0 | FOR         |                                    49757 | FOR                         |  |
| KARAT PACKAGING INC.                     | 48563L101 | 06/19/2025     | To obtain advisory approval of the Company's executive compensation ("Say on Pay").                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          56000 |                0 | FOR         |                                    56000 | FOR                         |  |
| KENNEDY-WILSON HOLDINGS, INC.            | 489398107 | 06/05/2025     | To approve, on an advisory nonbinding basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         961813 |                0 | AGAINST     |                                   961813 | AGAINST                     |  |
| KINDER MORGAN, INC.                      | 49456B101 | 05/15/2025     | Approval, on an advisory basis, of the compensation of our named executive officers, as disclosed in the Proxy Statement                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         352381 |                7 | FOR         |                                   352381 | FOR                         |  |
| LAUREATE EDUCATION, INC.                 | 518613203 | 05/22/2025     | To approve, by advisory vote, the compensation of the named executive officers.                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |        1121585 |                0 | FOR         |                                  1121585 | FOR                         |  |
| LEGACY HOUSING CORPORATION               | 52472M101 | 12/04/2024     | Non-Binding "Say on Pay" Vote.                                                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         563012 |            52243 | FOR         |                                   563012 | FOR                         |  |
| LEGACY HOUSING CORPORATION               | 52472M101 | 12/04/2024     | Non-Binding "Say on Frequency" Vote.                                                                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         563012 |            52243 | 1 YEAR      |                                   563012 | FOR                         |  |
| LEGALZOOM.COM, INC.                      | 52466B103 | 06/03/2025     | An advisory vote on the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         778350 |                0 | FOR         |                                   778350 | FOR                         |  |
| LINCOLN EDUCATIONAL SERVICES CORPORATION | 533535100 | 05/08/2025     | Approval, on a non-binding, advisory basis, of the compensation of named executive officers.                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         734350 |                0 | FOR         |                                   734350 | FOR                         |  |
| LIQUIDITY SERVICES, INC.                 | 53635B107 | 02/27/2025     | Approve an advisory resolution on named executive officer compensation.                                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         498358 |                0 | FOR         |                                   498358 | FOR                         |  |
| LUMENT FINANCE TRUST, INC.               | 55025L108 | 06/12/2025     | Approval, on an advisory basis, of the compensation of our named executive officers, as described in the proxy statement under "Executive Compensation."                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         994382 |                0 | FOR         |                                   994382 | FOR                         |  |
| LUMENT FINANCE TRUST, INC.               | 55025L108 | 06/12/2025     | Approval, on an advisory basis, of the frequency of holding future stockholder advisory votes on the compensation of our named executive officers.                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         994382 |                0 | 1 YEAR      |                                   994382 | FOR                         |  |
| MAMA'S CREATIONS, INC.                   | 56146T103 | 07/03/2024     | To hold an advisory vote to approve executive compensation.                                                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         129325 |                0 | FOR         |                                   129325 | FOR                         |  |
| MAMA'S CREATIONS, INC.                   | 56146T103 | 07/03/2024     | To hold an advisory vote on the frequency of future advisory votes to approve executive compensation.                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         129325 |                0 | 1 YEAR      |                                   129325 | FOR                         |  |
| MATCH GROUP, INC.                        | 57667L107 | 06/18/2025     | To approve a non-binding advisory resolution on executive compensation.                                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         264916 |                5 | AGAINST     |                                   264916 | AGAINST                     |  |
| MERCADOLIBRE, INC.                       | 58733R102 | 06/17/2025     | To approve, on an advisory basis, the compensation of our named executive officers for fiscal year 2024.                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |           6472 |                0 | FOR         |                                     6472 | 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 |          31618 |                0 | FOR         |                                    31618 | FOR                         |  |
| MIMEDX GROUP, INC.                       | 602496101 | 06/18/2025     | Advisory approval of executive compensation.                                                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |        1326855 |                0 | FOR         |                                  1326855 | FOR                         |  |
| MIMEDX GROUP, INC.                       | 602496101 | 06/18/2025     | Advisory vote on frequency of advisory vote on executive compensation.                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |        1326855 |                0 | 1 YEAR      |                                  1326855 | FOR                         |  |
| NEOGEN CORPORATION                       | 640491106 | 10/24/2024     | To Approve, On An Advisory Basis, The Compensation of Named Executive Officers.                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         707434 |             2175 | FOR         |                                   707434 | FOR                         |  |
| NORTHERN TECHNOLOGIES INTERNATIONAL CORP | 665809109 | 01/17/2025     | To approve, on an advisory basis, the compensation of our named executive officers, as disclosed in the accompanying proxy statement.                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         249077 |             1511 | AGAINST     |                                   249077 | AGAINST                     |  |
| NORTHRIM BANCORP, INC.                   | 666762109 | 05/22/2025     | ADVISORY VOTE ON EXECUTIVE COMPENSATION. To approve, by nonbinding vote, the compensation of the named executive officers.                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |           1390 |                0 | FOR         |                                     1390 | FOR                         |  |
| NPK INTERNATIONAL INC.                   | 651718504 | 05/15/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |        1984785 |                0 | FOR         |                                  1984785 | FOR                         |  |
| NVE CORPORATION                          | 629445206 | 08/01/2024     | Advisory approval of named executive officer compensation.                                                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |          56038 |            37562 | FOR         |                                    56038 | FOR                         |  |
| ORACLE CORPORATION                       | 68389X105 | 11/14/2024     | Advisory Vote to Approve the Compensation of our Named Executive Officers.                                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |          93735 |                0 | FOR         |                                    93735 | FOR                         |  |
| PASON SYSTEMS INC.                       | 702925108 | 05/01/2025     | To conduct a non-binding "say on pay" advisory vote on Pason's approach to executive compensation.                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         864391 |                0 | FOR         |                                   864391 | FOR                         |  |
| POTBELLY CORPORATION                     | 73754Y100 | 05/15/2025     | A non-binding, advisory vote on a resolution approving the 2024 compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |        1302110 |                0 | FOR         |                                  1302110 | FOR                         |  |
| PRICESMART, INC.                         | 741511109 | 02/06/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers for fiscal year 2024.                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |            710 |                0 | FOR         |                                      710 | FOR                         |  |
| PRO-DEX, INC.                            | 74265M205 | 11/21/2024     | Advisory vote to approve the compensation of the Company's Named Executive Officers.                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          69085 |                0 | FOR         |                                    69085 | FOR                         |  |
| QUEST RESOURCE HOLDING CORPORATION       | 74836W203 | 07/08/2024     | To provide a non-binding advisory vote on the compensation of our named executive officers for fiscal 2023, or say-on-pay.                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         368125 |                0 | FOR         |                                   368125 | FOR                         |  |
| RADNET, INC.                             | 750491102 | 06/10/2025     | An advisory vote to approve the compensation of the Company's Named Executive Officers.                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         518609 |                0 | FOR         |                                   518609 | FOR                         |  |
| RENTOKIL INITIAL PLC                     | 760125104 | 05/07/2025     | To approve the Directors' Remuneration Report                                                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         502144 |                0 | FOR         |                                   502144 | FOR                         |  |
| REPUBLIC SERVICES, INC.                  | 760759100 | 05/19/2025     | Advisory vote to approve our named executive officer compensation.                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          42939 |                0 | FOR         |                                    42939 | FOR                         |  |
| RESEARCH SOLUTIONS, INC.                 | 761025105 | 11/12/2024     | TO HOLD AN ADVISORY VOTE APPROVING THE FOLLOWING RESOLUTION ENDORSING OUR EXECUTIVE COMPENSATION: "RESOLVED, THAT THE STOCKHOLDERS APPROVE THE COMPENSATION OF THE COMPANY'S EXECUTIVES, AS DISCLOSED IN THE COMPENSATION TABLES AND RELATED NARRATIVE DISCLOSURE IN THE COMPANY'S PROXY STATEMENT FOR THE ANNUAL MEETING."                                                                     | SECTION 14A SAY-ON-PAY VOTES |         707002 |                0 | FOR         |                                   707002 | FOR                         |  |
| RF INDUSTRIES, LTD.                      | 749552105 | 09/05/2024     | To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |        1012173 |                0 | FOR         |                                  1012173 | FOR                         |  |
| ROYALTY PHARMA PLC                       | G7709Q104 | 05/12/2025     | A non-binding advisory vote to approve executive compensation that may become payable in connection with the transaction contemplated by the Membership Interest Purchase Agreement.                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         484823 |            11630 | AGAINST     |                                   484823 | AGAINST                     |  |
| ROYALTY PHARMA PLC                       | G7709Q104 | 05/12/2025     | A non-binding advisory vote to approve executive compensation.                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         484823 |            11630 | AGAINST     |                                   484823 | AGAINST                     |  |
| SELECT WATER SOLUTIONS, INC.             | 81617J301 | 05/02/2025     | To conduct a non-binding, advisory vote to approve Named Executive Officer compensation.                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |        1637506 |                0 | FOR         |                                  1637506 | FOR                         |  |
| SILA REALTY TRUST, INC.                  | 146280508 | 05/21/2025     | The approval (on a non-binding advisory basis) of our executive compensation as described in the proxy statement ("say-on-pay").                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |         841170 |                0 | FOR         |                                   841170 | FOR                         |  |
| SILVERCREST ASSET MGMT GROUP INC         | 828359109 | 06/04/2025     | Approval of executive compensation in an advisory, non-binding vote.                                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         218396 |                0 | FOR         |                                   218396 | FOR                         |  |
| SILVERCREST ASSET MGMT GROUP INC         | 828359109 | 06/04/2025     | Selection of the frequency of future advisory votes on executive compensation in an advisory, non-binding vote.                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         218396 |                0 | 1 YEAR      |                                   218396 | FOR                         |  |
| SIRIUSPOINT LTD.                         | G8192H106 | 05/20/2025     | To approve, by a non-binding advisory vote, the executive compensation payable to the Company's named executive officers.                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         538365 |                0 | FOR         |                                   538365 | FOR                         |  |
| SKYLINE CHAMPION CORPORATION             | 830830105 | 08/01/2024     | To consider a non-binding advisory vote on fiscal 2024 compensation paid to Skyline Champion's Named Executive Officers.                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |          78533 |              189 | FOR         |                                    78533 | 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 |         141383 |                0 | FOR         |                                   141383 | FOR                         |  |
| SS TECHNOLOGIES HOLDINGS, INC.           | 78467J100 | 05/21/2025     | To approve, on an advisory basis, the compensation of SS's named executive officers.                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          99422 |                0 | AGAINST     |                                    99422 | AGAINST                     |  |
| STEVEN MADDEN, LTD.                      | 556269108 | 05/21/2025     | TO APPROVE, BY NON-BINDING ADVISORY VOTE, THE EXECUTIVE COMPENSATION DESCRIBED IN THE STEVEN MADDEN, LTD. PROXY STATEMENT.                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         243404 |                0 | FOR         |                                   243404 | FOR                         |  |
| STONEX GROUP INC.                        | 861896108 | 03/05/2025     | To approve the advisory (non-binding) resolution relating to executive compensation.                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         672072 |              112 | FOR         |                                   672072 | FOR                         |  |
| TACTILE SYSTEMS TECHNOLOGY, INC.         | 87357P100 | 05/07/2025     | Approve, on an advisory basis, the 2024 compensation of our named executive officers.                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         488000 |                0 | FOR         |                                   488000 | FOR                         |  |
| TACTILE SYSTEMS TECHNOLOGY, INC.         | 87357P100 | 05/07/2025     | Advisory vote on the frequency of future advisory votes on the compensation of our named executive officers.                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         488000 |                0 | 1 YEAR      |                                   488000 | FOR                         |  |
| TALEN ENERGY CORPORATION                 | 87422Q109 | 05/07/2025     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |            420 |                0 | FOR         |                                      420 | FOR                         |  |
| TALEN ENERGY CORPORATION                 | 87422Q109 | 05/07/2025     | To approve, on an advisory basis, the frequency of advisory vote on executive compensation.                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |            420 |                0 | 1 YEAR      |                                      420 | FOR                         |  |
| TARGET CORPORATION                       | 87612E106 | 06/11/2025     | Company proposal to approve, on an advisory basis, our executive compensation (Say on Pay).                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          73091 |                0 | AGAINST     |                                    73091 | AGAINST                     |  |
| TECHTARGET, INC.                         | 87874R100 | 11/26/2024     | Approve, on a non-binding, advisory basis, the compensation that will or may become payable to TechTarget's named executive officers in connection with the Transactions.                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         314250 |                0 | FOR         |                                   314250 | FOR                         |  |
| THE HACKETT GROUP INC                    | 404609109 | 05/01/2025     | To approve, in an advisory vote, the Company's executive compensation.                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         303672 |              381 | FOR         |                                   303672 | FOR                         |  |
| THE WALT DISNEY COMPANY                  | 254687106 | 03/20/2025     | Consideration of an advisory vote to approve executive compensation.                                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         112033 |                4 | FOR         |                                   112033 | FOR                         |  |
| THERMO FISHER SCIENTIFIC INC.            | 883556102 | 05/21/2025     | An advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |          19152 |                2 | FOR         |                                    19152 | FOR                         |  |
| TIDEWATER INC.                           | 88642R109 | 06/05/2025     | Say on Pay Vote - An advisory vote to approve executive compensation as disclosed in the proxy statement.                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         253411 |                0 | FOR         |                                   253411 | FOR                         |  |
| TRANSCAT, INC.                           | 893529107 | 09/11/2024     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          98580 |                0 | FOR         |                                    98580 | FOR                         |  |
| UFP TECHNOLOGIES, INC.                   | 902673102 | 06/04/2025     | To vote on a non-binding advisory resolution to approve the compensation of our named executive officers.                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          22700 |                0 | FOR         |                                    22700 | FOR                         |  |
| UFP TECHNOLOGIES, INC.                   | 902673102 | 06/04/2025     | To vote on a non-binding advisory resolution on the frequency of future advisory votes on the compensation of our named executive officers.                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          22700 |                0 | 1 YEAR      |                                    22700 | AGAINST                     |  |
| UNIVERSAL TECHNICAL INSTITUTE, INC.      | 913915104 | 03/06/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |        1483043 |                0 | FOR         |                                  1483043 | FOR                         |  |
| VERRA MOBILITY CORPORATION               | 92511U102 | 05/20/2025     | Approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |         828114 |             3113 | FOR         |                                   828114 | FOR                         |  |
| VIEMED HEALTHCARE, INC.                  | 92663R105 | 06/05/2025     | Advisory Vote on Executive Compensation To consider and, if thought appropriate, to pass an ordinary resolution (the text of which is disclosed in Section 10(v) of the Management Information and Proxy Circular) to ratify, confirm, and approve, in a non-binding advisory vote, the Say-on-Pay Resolution, as more particularly described in the Management Information and Proxy Circular. | SECTION 14A SAY-ON-PAY VOTES |         588110 |                0 | FOR         |                                   588110 | FOR                         |  |
| VIEMED HEALTHCARE, INC.                  | 92663R105 | 06/05/2025     | Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation To approve, in a non-binding advisory vote, the frequency of holding future advisory votes on the compensation of the Corporation's named executive officers.                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         588110 |                0 | 1 YEAR      |                                   588110 | FOR                         |  |
| WASTE MANAGEMENT, INC.                   | 94106L109 | 05/13/2025     | Approval, on an advisory basis, of our executive compensation.                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          37124 |                0 | FOR         |                                    37124 | FOR                         |  |
| WHITE MOUNTAINS INSURANCE GROUP, LTD.    | G9618E107 | 05/22/2025     | Approval of the advisory resolution on executive compensation                                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |             34 |                0 | FOR         |                                       34 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** Punch  Associates Investment Management, Inc.

**By (Signature):** Howard D. Punch, Jr.

**By (Printed Signature):** Howard D. Punch, Jr.

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

**Date:** 08/12/2025