N-PX 1 e2191.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
     
Form N-PX
     
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERD MANAGEMENT INVESTMENT
COMPANY
     
     
 
Investment Company Act file number:   811-22172
 
Exact name of registrant as specified in charter:   World Funds Trust
 
Address of principal executive offices:   8730 Stony Point Parkway, Suite 205
Richmond, VA 23235
 
Name and address of agent for service:   The Corporation Trust Company
1209 Orange Street
Wilmington, DE 19801
 
    with a copy to:
John H. Lively
The Law Offices of John H. Lively & Associates, Inc.
A member firm of the 1940 Act Law GroupTM
11300 Tomahawk Creek Parkway, Suite 310
Leawood, KS 66211
 
Registrant’s telephone number, including area code:   800-267-7400
 
Date of fiscal year end:   September 30th
 
Date of reporting period:   July 1, 2016 to June 30, 2017
 
     
     

Item 1.  Proxy Voting Record.

Union Street Partners Value Fund
             
APPLE INC.   Agenda Number:       934520556
Security:   037833100   Meeting Type:   Annual
Ticker:   AAPL   Meeting Date:   28-Feb-2017
ISIN:   US0378331005        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1A.   ELECTION OF DIRECTOR: JAMES BELL   Mgmt   No vote    
                 
1B.   ELECTION OF DIRECTOR: TIM COOK   Mgmt   No vote    
                 
1C.   ELECTION OF DIRECTOR: AL GORE   Mgmt   No vote    
                 
1D.   ELECTION OF DIRECTOR: BOB IGER   Mgmt   No vote    
                 
1E.   ELECTION OF DIRECTOR: ANDREA JUNG   Mgmt   No vote    
                 
1F.   ELECTION OF DIRECTOR: ART LEVINSON   Mgmt   No vote    
                 
1G.   ELECTION OF DIRECTOR: RON SUGAR   Mgmt   No vote    
                 
1H.   ELECTION OF DIRECTOR: SUE WAGNER   Mgmt   No vote    
                 
2.   RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP   Mgmt   No vote    
    AS APPLE’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING            
    FIRM FOR 2017            
                 
3.   ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION   Mgmt   No vote    
                 
4.   ADVISORY VOTE ON THE FREQUENCY OF SHAREHOLDER VOTES ON   Mgmt   No vote    
    EXECUTIVE COMPENSATION            
                 
5.   A SHAREHOLDER PROPOSAL ENTITLED "CHARITABLE GIVING -   Shr   No vote    
    RECIPIENTS, INTENTS AND BENEFITS"            
                 
6.   A SHAREHOLDER PROPOSAL REGARDING DIVERSITY AMONG OUR   Shr   No vote    
    SENIOR MANAGEMENT AND BOARD OF DIRECTORS            
                 
7.   A SHAREHOLDER PROPOSAL ENTITLED "SHAREHOLDER PROXY   Shr   No vote    
    ACCESS AMENDMENTS"            
                 
8.   A SHAREHOLDER PROPOSAL ENTITLED "EXECUTIVE   Shr   No vote    
    COMPENSATION REFORM"            
                 
9.   A SHAREHOLDER PROPOSAL ENTITLED "EXECUTIVES TO RETAIN   Shr   No vote    
    SIGNIFICANT STOCK"            
             
AT&T INC.   Agenda Number:       934539935
Security:   00206R102   Meeting Type:   Annual
Ticker:   T   Meeting Date:   28-Apr-2017
ISIN:   US00206R1023        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1A.   ELECTION OF DIRECTOR: RANDALL L. STEPHENSON   Mgmt   No vote    
                 
1B.   ELECTION OF DIRECTOR: SAMUEL A. DI PIAZZA, JR.   Mgmt   No vote    
                 
1C.   ELECTION OF DIRECTOR: RICHARD W. FISHER   Mgmt   No vote    
                 
1D.   ELECTION OF DIRECTOR: SCOTT T. FORD   Mgmt   No vote    
                 
1E.   ELECTION OF DIRECTOR: GLENN H. HUTCHINS   Mgmt   No vote    
                 
1F.   ELECTION OF DIRECTOR: WILLIAM E. KENNARD   Mgmt   No vote    
                 
1G.   ELECTION OF DIRECTOR: MICHAEL B. MCCALLISTER   Mgmt   No vote    
                 
1H.   ELECTION OF DIRECTOR: BETH E. MOONEY   Mgmt   No vote    
                 
1I.   ELECTION OF DIRECTOR: JOYCE M. ROCHE   Mgmt   No vote    
                 
1J.   ELECTION OF DIRECTOR: MATTHEW K. ROSE   Mgmt   No vote    
                 
1K.   ELECTION OF DIRECTOR: CYNTHIA B. TAYLOR   Mgmt   No vote    
                 
1L.   ELECTION OF DIRECTOR: LAURA D’ANDREA TYSON   Mgmt   No vote    
                 
1M.   ELECTION OF DIRECTOR: GEOFFREY Y. YANG   Mgmt   No vote    
                 
2.   RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS.   Mgmt   No vote    
                 
3.   ADVISORY APPROVAL OF EXECUTIVE COMPENSATION.   Mgmt   No vote    
                 
4.   ADVISORY APPROVAL OF FREQUENCY OF VOTE ON EXECUTIVE   Mgmt   No vote    
    COMPENSATION            
                 
5.   PREPARE POLITICAL SPENDING REPORT.   Shr   No vote    
                 
6.   PREPARE LOBBYING REPORT.   Shr   No vote    
                 
7.   MODIFY PROXY ACCESS REQUIREMENTS.   Shr   No vote    
                 
8.   REDUCE VOTE REQUIRED FOR WRITTEN CONSENT.   Shr   No vote    
             
BANK OF AMERICA CORPORATION   Agenda Number:       934543453
Security:   060505104   Meeting Type:   Annual
Ticker:   BAC   Meeting Date:   26-Apr-2017
ISIN:   US0605051046        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1A.   ELECTION OF DIRECTOR: SHARON L. ALLEN   Mgmt   No vote    
                 
1B.   ELECTION OF DIRECTOR: SUSAN S. BIES   Mgmt   No vote    
                 
1C.   ELECTION OF DIRECTOR: JACK O. BOVENDER, JR.   Mgmt   No vote    
                 
1D.   ELECTION OF DIRECTOR: FRANK P. BRAMBLE, SR.   Mgmt   No vote    
                 
1E.   ELECTION OF DIRECTOR: PIERRE J.P. DE WECK   Mgmt   No vote    
                 
1F.   ELECTION OF DIRECTOR: ARNOLD W. DONALD   Mgmt   No vote    
                 
1G.   ELECTION OF DIRECTOR: LINDA P. HUDSON   Mgmt   No vote    
                 
1H.   ELECTION OF DIRECTOR: MONICA C. LOZANO   Mgmt   No vote    
                 
1I.   ELECTION OF DIRECTOR: THOMAS J. MAY   Mgmt   No vote    
                 
1J.   ELECTION OF DIRECTOR: BRIAN T. MOYNIHAN   Mgmt   No vote    
                 
1K.   ELECTION OF DIRECTOR: LIONEL L. NOWELL, III   Mgmt   No vote    
                 
1L.   ELECTION OF DIRECTOR: MICHAEL D. WHITE   Mgmt   No vote    
                 
1M.   ELECTION OF DIRECTOR: THOMAS D. WOODS   Mgmt   No vote    
                 
1N.   ELECTION OF DIRECTOR: R. DAVID YOST   Mgmt   No vote    
                 
2.   APPROVING OUR EXECUTIVE COMPENSATION (AN ADVISORY,   Mgmt   No vote    
    NON-BINDING "SAY ON PAY" RESOLUTION)            
                 
3.   A VOTE ON THE FREQUENCY OF FUTURE ADVISORY "SAY ON   Mgmt   No vote    
    PAY" RESOLUTIONS (AN ADVISORY, NON-BINDING "SAY ON            
    FREQUENCY" RESOLUTION)            
                 
4.   RATIFYING THE APPOINTMENT OF OUR INDEPENDENT   Mgmt   No vote    
    REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017            
                 
5.   STOCKHOLDER PROPOSAL - CLAWBACK AMENDMENT   Shr   No vote    
                 
6.   STOCKHOLDER PROPOSAL - DIVESTITURE & DIVISION STUDY   Shr   No vote    
    SESSIONS            
                 
7.   STOCKHOLDER PROPOSAL - INDEPENDENT BOARD CHAIRMAN   Shr   No vote    
                 
8.   STOCKHOLDER PROPOSAL - REPORT CONCERNING GENDER PAY   Shr   No vote    
    EQUITY            
             
BP P.L.C.   Agenda Number:       934594917
Security:   055622104   Meeting Type:   Annual
Ticker:   BP   Meeting Date:   17-May-2017
ISIN:   US0556221044        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1.   TO RECEIVE THE DIRECTORS’ ANNUAL REPORT AND ACCOUNTS.   Mgmt   No vote    
                 
2.   TO APPROVE THE DIRECTORS’ REMUNERATION REPORT.   Mgmt   No vote    
                 
3.   TO APPROVE THE DIRECTORS’ REMUNERATION POLICY.   Mgmt   No vote    
                 
4.   TO RE-ELECT MR R W DUDLEY AS A DIRECTOR.   Mgmt   No vote    
                 
5.   TO RE-ELECT DR B GILVARY AS A DIRECTOR.   Mgmt   No vote    
                 
6.   TO ELECT MR N S ANDERSEN AS A DIRECTOR.   Mgmt   No vote    
                 
7.   TO RE-ELECT MR P M ANDERSON AS A DIRECTOR.   Mgmt   No vote    
                 
8.   TO RE-ELECT MR A BOECKMANN AS A DIRECTOR.   Mgmt   No vote    
                 
9.   TO RE-ELECT ADMIRAL F L BOWMAN AS A DIRECTOR.   Mgmt   No vote    
                 
10.   TO RE-ELECT MR I E L DAVIS AS A DIRECTOR.   Mgmt   No vote    
                 
11.   TO RE-ELECT PROFESSOR DAME ANN DOWLING AS A DIRECTOR.   Mgmt   No vote    
                 
12.   TO ELECT MS M B MEYER AS A DIRECTOR.   Mgmt   No vote    
                 
13.   TO RE-ELECT MR B R NELSON AS A DIRECTOR.   Mgmt   No vote    
                 
14.   TO RE-ELECT MRS P R REYNOLDS AS A DIRECTOR.   Mgmt   No vote    
                 
15.   TO RE-ELECT SIR JOHN SAWERS AS A DIRECTOR.   Mgmt   No vote    
                 
16.   TO RE-ELECT MR C-H SVANBERG AS A DIRECTOR.   Mgmt   No vote    
                 
17.   TO REAPPOINT ERNST & YOUNG LLP AS AUDITORS AND TO   Mgmt   No vote    
    AUTHORIZE THE DIRECTORS TO FIX THEIR REMUNERATION.            
                 
18.   TO GIVE LIMITED AUTHORITY TO MAKE POLITICAL DONATIONS   Mgmt   No vote    
    AND INCUR POLITICAL EXPENDITURE.            
                 
19.   TO GIVE LIMITED AUTHORITY TO ALLOT SHARES UP TO A   Mgmt   No vote    
    SPECIFIED AMOUNT.            
                 
20.   SPECIAL RESOLUTION: TO GIVE AUTHORITY TO ALLOT A   Mgmt   No vote    
    LIMITED NUMBER OF SHARES FOR CASH FREE OF PRE-EMPTION            
    RIGHTS.            
                 
21.   SPECIAL RESOLUTION: TO GIVE ADDITIONAL AUTHORITY TO   Mgmt   No vote    
    ALLOT A LIMITED NUMBER OF SHARES FOR CASH FREE OF            
    PRE-EMPTION RIGHTS.            
                 
22.   SPECIAL RESOLUTION: TO GIVE LIMITED AUTHORITY FOR THE   Mgmt   No vote    
    PURCHASE OF ITS OWN SHARES BY THE COMPANY.            
                 
23.   SPECIAL RESOLUTION: TO AUTHORIZE THE CALLING OF   Mgmt   No vote    
    GENERAL MEETINGS (EXCLUDING ANNUAL GENERAL MEETINGS)            
    BY NOTICE OF AT LEAST 14 CLEAR DAYS.            
             
BURKE & HERBERT BANK & TRUST COMPANY   Agenda Number:       934531282
Security:   121331102   Meeting Type:   Annual
Ticker:   BHRB   Meeting Date:   23-Mar-2017
ISIN:   US1213311020        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1.   DIRECTOR            
    JULIAN F. BARNWELL, JR.   Mgmt   No vote    
    TYRONE B. BRADLEY   Mgmt   No vote    
    E. HUNT BURKE   Mgmt   No vote    
    JAMES M. BURKE   Mgmt   No vote    
    NICHOLAS CAROSI III   Mgmt   No vote    
    S. LAING HINSON   Mgmt   No vote    
    MICHAEL D. LUBELEY   Mgmt   No vote    
    SHAWN P. MCLAUGHLIN   Mgmt   No vote    
    W. SCOTT MCSWEEN   Mgmt   No vote    
    MARSHA H. MURPHY   Mgmt   No vote    
    KENNETH L. WAINSTEIN   Mgmt   No vote    
                 
2.   RATIFICATION OF THE APPOINTMENT OF YOUNT, HYDE &   Mgmt   No vote    
    BARBOUR, P.C. AS THE COMPANY’S INDEPENDENT REGISTERED            
    PUBLIC ACCOUNTING FIRM FOR 2017.            
             
CHESAPEAKE ENERGY CORPORATION   Agenda Number:       934574268
Security:   165167107   Meeting Type:   Annual
Ticker:   CHK   Meeting Date:   19-May-2017
ISIN:   US1651671075        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1A.   ELECTION OF DIRECTOR: GLORIA R. BOYLAND   Mgmt   No vote    
                 
1B.   ELECTION OF DIRECTOR: LUKE R. CORBETT   Mgmt   No vote    
                 
1C.   ELECTION OF DIRECTOR: ARCHIE W. DUNHAM   Mgmt   No vote    
                 
1D.   ELECTION OF DIRECTOR: ROBERT D. LAWLER   Mgmt   No vote    
                 
1E.   ELECTION OF DIRECTOR: R. BRAD MARTIN   Mgmt   No vote    
                 
1F.   ELECTION OF DIRECTOR: MERRILL A. "PETE" MILLER, JR.   Mgmt   No vote    
                 
1G.   ELECTION OF DIRECTOR: THOMAS L. RYAN   Mgmt   No vote    
                 
2.   TO APPROVE AN AMENDMENT TO OUR CERTIFICATE OF   Mgmt   No vote    
    INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED            
    SHARES OF COMMON STOCK TO 2 BILLION.            
                 
3.   TO APPROVE ON AN ADVISORY BASIS OUR NAMED EXECUTIVE   Mgmt   No vote    
    OFFICER COMPENSATION.            
                 
4.   TO APPROVE ON AN ADVISORY BASIS THE FREQUENCY OF   Mgmt   No vote    
    SHAREHOLDER ADVISORY VOTES ON NAMED EXECUTIVE OFFICER            
    COMPENSATION.            
                 
5.   TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS   Mgmt   No vote    
    LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING            
    FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2017.            
             
CHEVRON CORPORATION   Agenda Number:       934581732
Security:   166764100   Meeting Type:   Annual
Ticker:   CVX   Meeting Date:   31-May-2017
ISIN:   US1667641005        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1A.   ELECTION OF DIRECTOR: W. M. AUSTIN   Mgmt   No vote    
                 
1B.   ELECTION OF DIRECTOR: L. F. DEILY   Mgmt   No vote    
                 
1C.   ELECTION OF DIRECTOR: R. E. DENHAM   Mgmt   No vote    
                 
1D.   ELECTION OF DIRECTOR: A. P. GAST   Mgmt   No vote    
                 
1E.   ELECTION OF DIRECTOR: E. HERNANDEZ, JR.   Mgmt   No vote    
                 
1F.   ELECTION OF DIRECTOR: J. M. HUNTSMAN JR.   Mgmt   No vote    
                 
1G.   ELECTION OF DIRECTOR: C. W. MOORMAN IV   Mgmt   No vote    
                 
1H.   ELECTION OF DIRECTOR: D. F. MOYO   Mgmt   No vote    
                 
1I.   ELECTION OF DIRECTOR: R. D. SUGAR   Mgmt   No vote    
                 
1J.   ELECTION OF DIRECTOR: I. G. THULIN   Mgmt   No vote    
                 
1K.   ELECTION OF DIRECTOR: J. S. WATSON   Mgmt   No vote    
                 
1L.   ELECTION OF DIRECTOR: M. K. WIRTH   Mgmt   No vote    
                 
2.   RATIFICATION OF APPOINTMENT OF PWC AS INDEPENDENT   Mgmt   No vote    
    REGISTERED PUBLIC ACCOUNTING FIRM            
                 
3.   ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER   Mgmt   No vote    
    COMPENSATION            
                 
4.   ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY   Mgmt   No vote    
    VOTES ON NAMED EXECUTIVE OFFICER COMPENSATION            
                 
5.   REPORT ON LOBBYING   Shr   No vote    
                 
6.   REPORT ON FEASIBILITY OF POLICY ON NOT DOING BUSINESS   Shr   No vote    
    WITH CONFLICT COMPLICIT GOVERNMENTS            
                 
7.   REPORT ON CLIMATE CHANGE IMPACT ASSESSMENT   Shr   No vote    
                 
8.   REPORT ON TRANSITION TO A LOW CARBON ECONOMY   Shr   No vote    
                 
9.   ADOPT POLICY ON INDEPENDENT CHAIRMAN   Shr   No vote    
                 
10.   RECOMMEND INDEPENDENT DIRECTOR WITH ENVIRONMENTAL   Shr   No vote    
    EXPERTISE            
                 
11.   SET SPECIAL MEETINGS THRESHOLD AT 10%   Shr   No vote    
             
CITIGROUP INC.   Agenda Number:       934541904
Security:   172967424   Meeting Type:   Annual
Ticker:   C   Meeting Date:   25-Apr-2017
ISIN:   US1729674242        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1A.   ELECTION OF DIRECTOR: MICHAEL L. CORBAT   Mgmt   No vote    
                 
1B.   ELECTION OF DIRECTOR: ELLEN M. COSTELLO   Mgmt   No vote    
                 
1C.   ELECTION OF DIRECTOR: DUNCAN P. HENNES   Mgmt   No vote    
                 
1D.   ELECTION OF DIRECTOR: PETER B. HENRY   Mgmt   No vote    
                 
1E.   ELECTION OF DIRECTOR: FRANZ B. HUMER   Mgmt   No vote    
                 
1F.   ELECTION OF DIRECTOR: RENEE J. JAMES   Mgmt   No vote    
                 
1G.   ELECTION OF DIRECTOR: EUGENE M. MCQUADE   Mgmt   No vote    
                 
1H.   ELECTION OF DIRECTOR: MICHAEL E. O‘NEILL   Mgmt   No vote    
                 
1I.   ELECTION OF DIRECTOR: GARY M. REINER   Mgmt   No vote    
                 
1J.   ELECTION OF DIRECTOR: ANTHONY M. SANTOMERO   Mgmt   No vote    
                 
1K.   ELECTION OF DIRECTOR: DIANA L. TAYLOR   Mgmt   No vote    
                 
1L.   ELECTION OF DIRECTOR: WILLIAM S. THOMPSON, JR.   Mgmt   No vote    
                 
1M.   ELECTION OF DIRECTOR: JAMES S. TURLEY   Mgmt   No vote    
                 
1N.   ELECTION OF DIRECTOR: DEBORAH C. WRIGHT   Mgmt   No vote    
                 
1O.   ELECTION OF DIRECTOR: ERNESTO ZEDILLO PONCE DE LEON   Mgmt   No vote    
                 
2.   PROPOSAL TO RATIFY THE SELECTION OF KPMG LLP AS CITI’S   Mgmt   No vote    
    INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR            
    2017.            
                 
3.   ADVISORY VOTE TO APPROVE CITI’S 2016 EXECUTIVE   Mgmt   No vote    
    COMPENSATION.            
                 
4.   ADVISORY VOTE TO APPROVE THE FREQUENCY OF FUTURE   Mgmt   No vote    
    ADVISORY VOTES ON EXECUTIVE COMPENSATION.            
                 
5.   STOCKHOLDER PROPOSAL REQUESTING A REPORT ON THE   Shr   No vote    
    COMPANY’S POLICIES AND GOALS TO REDUCE THE GENDER PAY            
    GAP.            
                 
6.   STOCKHOLDER PROPOSAL REQUESTING THAT THE BOARD APPOINT   Shr   No vote    
    A STOCKHOLDER VALUE COMMITTEE TO ADDRESS WHETHER THE            
    DIVESTITURE OF ALL NON-CORE BANKING BUSINESS SEGMENTS            
    WOULD ENHANCE SHAREHOLDER VALUE.            
                 
7.   STOCKHOLDER PROPOSAL REQUESTING A REPORT ON LOBBYING   Shr   No vote    
    AND GRASSROOTS LOBBYING CONTRIBUTIONS.            
                 
8.   STOCKHOLDER PROPOSAL REQUESTING AN AMENDMENT TO THE   Shr   No vote    
    GENERAL CLAWBACK POLICY TO PROVIDE THAT A SUBSTANTIAL            
    PORTION OF ANNUAL TOTAL COMPENSATION OF EXECUTIVE            
    OFFICERS SHALL BE DEFERRED AND FORFEITED, IN PART OR            
    WHOLE, AT THE DISCRETION OF THE BOARD, TO HELP SATISFY            
    ANY MONETARY PENALTY ASSOCIATED WITH A VIOLATION OF            
    LAW.            
                 
9.   STOCKHOLDER PROPOSAL REQUESTING THAT THE BOARD ADOPT A   Shr   No vote    
    POLICY PROHIBITING THE VESTING OF EQUITY-BASED AWARDS            
    FOR SENIOR EXECUTIVES DUE TO A VOLUNTARY RESIGNATION            
    TO ENTER GOVERNMENT SERVICE.            
             
CUMMINS INC.   Agenda Number:       934554723
Security:   231021106   Meeting Type:   Annual
Ticker:   CMI   Meeting Date:   09-May-2017
ISIN:   US2310211063        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1)   ELECTION OF DIRECTOR: N. THOMAS LINEBARGER   Mgmt   No vote    
                 
2)   ELECTION OF DIRECTOR: ROBERT J. BERNHARD   Mgmt   No vote    
                 
3)   ELECTION OF DIRECTOR: DR. FRANKLIN R. CHANG DIAZ   Mgmt   No vote    
                 
4)   ELECTION OF DIRECTOR: BRUNO V. DI LEO ALLEN   Mgmt   No vote    
                 
5)   ELECTION OF DIRECTOR: STEPHEN B. DOBBS   Mgmt   No vote    
                 
6)   ELECTION OF DIRECTOR: ROBERT K. HERDMAN   Mgmt   No vote    
                 
7)   ELECTION OF DIRECTOR: ALEXIS M. HERMAN   Mgmt   No vote    
                 
8)   ELECTION OF DIRECTOR: THOMAS J. LYNCH   Mgmt   No vote    
                 
9)   ELECTION OF DIRECTOR: WILLIAM I. MILLER   Mgmt   No vote    
                 
10)   ELECTION OF DIRECTOR: GEORGIA R. NELSON   Mgmt   No vote    
                 
11)   ADVISORY VOTE TO APPROVE THE COMPENSATION OF OUR NAMED   Mgmt   No vote    
    EXECUTIVE OFFICERS AS DISCLOSED IN THE PROXY            
    STATEMENT.            
                 
12)   ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY   Mgmt   No vote    
    VOTES ON THE COMPENSATION OF OUR NAMED EXECUTIVE            
    OFFICERS.            
                 
13)   PROPOSAL TO RATIFY THE APPOINTMENT OF   Mgmt   No vote    
    PRICEWATERHOUSECOOPERS LLP AS OUR AUDITORS FOR 2017.            
                 
14)   PROPOSAL TO APPROVE OUR AMENDED AND RESTATED 2012   Mgmt   No vote    
    OMNIBUS INCENTIVE PLAN.            
                 
15)   PROPOSAL TO APPROVE AMENDMENTS TO OUR BY-LAWS TO   Mgmt   No vote    
    IMPLEMENT PROXY ACCESS.            
                 
16)   THE SHAREHOLDER PROPOSAL REGARDING PROXY ACCESS.   Shr   No vote    
             
DIAGEO PLC   Agenda Number:       934471703
Security:   25243Q205   Meeting Type:   Annual
Ticker:   DEO   Meeting Date:   21-Sep-2016
ISIN:   US25243Q2057        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1.   REPORT AND ACCOUNTS 2016.   Mgmt   No vote    
                 
2.   DIRECTORS’ REMUNERATION REPORT 2016.   Mgmt   No vote    
                 
3.   DECLARATION OF FINAL DIVIDEND.   Mgmt   No vote    
                 
4.   RE-ELECTION OF PB BRUZELIUS AS A DIRECTOR. (AUDIT,   Mgmt   No vote    
    NOMINATION, REMUNERATION)            
                 
5.   RE-ELECTION OF LORD DAVIES AS A DIRECTOR. (AUDIT,   Mgmt   No vote    
    NOMINATION, REMUNERATION, CHAIRMAN OF COMMITTEE)            
                 
6.   RE-ELECTION OF HO KWONPING AS A DIRECTOR. (AUDIT,   Mgmt   No vote    
    NOMINATION, REMUNERATION)            
                 
7.   RE-ELECTION OF BD HOLDEN AS A DIRECTOR. (AUDIT,   Mgmt   No vote    
    NOMINATION, REMUNERATION)            
                 
8.   RE-ELECTION OF DR FB HUMER AS A DIRECTOR. (NOMINATION,   Mgmt   No vote    
    CHAIRMAN OF COMMITTEE)            
                 
9.   RE-ELECTION OF NS MENDELSOHN AS A DIRECTOR. (AUDIT,   Mgmt   No vote    
    NOMINATION, REMUNERATION)            
                 
10.   RE-ELECTION OF IM MENEZES AS A DIRECTOR. (EXECUTIVE,   Mgmt   No vote    
    CHAIRMAN OF COMMITTEE)            
                 
11.   RE-ELECTION OF PG SCOTT AS A DIRECTOR. (AUDIT,   Mgmt   No vote    
    CHAIRMAN OF COMMITTEE, NOMINATION, REMUNERATION)            
                 
12.   RE-ELECTION OF AJH STEWART AS A DIRECTOR. (AUDIT,   Mgmt   No vote    
    NOMINATION, REMUNERATION)            
                 
13.   ELECTION OF J FERRAN AS A DIRECTOR. (AUDIT,   Mgmt   No vote    
    NOMINATION, REMUNERATION)            
                 
14.   ELECTION OF KA MIKELLS AS A DIRECTOR. (EXECUTIVE)   Mgmt   No vote    
                 
15.   ELECTION OF EN WALMSLEY AS A DIRECTOR. (AUDIT,   Mgmt   No vote    
    NOMINATION, REMUNERATION)            
                 
16.   RE-APPOINTMENT OF AUDITOR.   Mgmt   No vote    
                 
17.   REMUNERATION OF AUDITOR.   Mgmt   No vote    
                 
18.   AUTHORITY TO ALLOT SHARES.   Mgmt   No vote    
                 
19.   DISAPPLICATION OF PRE-EMPTION RIGHTS.   Mgmt   No vote    
                 
20.   AUTHORITY TO PURCHASE OWN ORDINARY SHARES AT 28   Mgmt   No vote    
    101/108 PENCE (THE "ORDINARY SHARES").            
                 
21.   AUTHORITY TO MAKE POLITICAL DONATIONS AND/OR TO INCUR   Mgmt   No vote    
    POLITICAL EXPENDITURE IN THE EU.            
             
EXXON MOBIL CORPORATION   Agenda Number:       934588673
Security:   30231G102   Meeting Type:   Annual
Ticker:   XOM   Meeting Date:   31-May-2017
ISIN:   US30231G1022        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1.   DIRECTOR            
    SUSAN K. AVERY   Mgmt   No vote    
    MICHAEL J. BOSKIN   Mgmt   No vote    
    ANGELA F. BRALY   Mgmt   No vote    
    URSULA M. BURNS   Mgmt   No vote    
    HENRIETTA H. FORE   Mgmt   No vote    
    KENNETH C. FRAZIER   Mgmt   No vote    
    DOUGLAS R. OBERHELMAN   Mgmt   No vote    
    SAMUEL J. PALMISANO   Mgmt   No vote    
    STEVEN S REINEMUND   Mgmt   No vote    
    WILLIAM C. WELDON   Mgmt   No vote    
    DARREN W. WOODS   Mgmt   No vote    
                 
2.   RATIFICATION OF INDEPENDENT AUDITORS (PAGE 24)   Mgmt   No vote    
                 
3.   ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION (PAGE   Mgmt   No vote    
    25)            
                 
4.   FREQUENCY OF ADVISORY VOTE ON EXECUTIVE COMPENSATION   Mgmt   No vote    
    (PAGE 25)            
                 
5.   INDEPENDENT CHAIRMAN (PAGE 53)   Shr   No vote    
                 
6.   MAJORITY VOTE FOR DIRECTORS (PAGE 54)   Shr   No vote    
                 
7.   SPECIAL SHAREHOLDER MEETINGS (PAGE 55)   Shr   No vote    
                 
8.   RESTRICT PRECATORY PROPOSALS (PAGE 56)   Shr   No vote    
                 
9.   REPORT ON COMPENSATION FOR WOMEN (PAGE 57)   Shr   No vote    
                 
10.   REPORT ON LOBBYING (PAGE 59)   Shr   No vote    
                 
11.   INCREASE CAPITAL DISTRIBUTIONS IN LIEU OF INVESTMENT   Shr   No vote    
    (PAGE 60)            
                 
12.   REPORT ON IMPACTS OF CLIMATE CHANGE POLICIES (PAGE 62)   Shr   No vote    
                 
13.   REPORT ON METHANE EMISSIONS (PAGE 64)   Shr   No vote    
             
GENERAL ELECTRIC COMPANY   Agenda Number:       934541916
Security:   369604103   Meeting Type:   Annual
Ticker:   GE   Meeting Date:   26-Apr-2017
ISIN:   US3696041033        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
A1   ELECTION OF DIRECTOR: SEBASTIEN M. BAZIN   Mgmt   No vote    
                 
A2   ELECTION OF DIRECTOR: W. GEOFFREY BEATTIE   Mgmt   No vote    
                 
A3   ELECTION OF DIRECTOR: JOHN J. BRENNAN   Mgmt   No vote    
                 
A4   ELECTION OF DIRECTOR: FRANCISCO D‘SOUZA   Mgmt   No vote    
                 
A5   ELECTION OF DIRECTOR: MARIJN E. DEKKERS   Mgmt   No vote    
                 
A6   ELECTION OF DIRECTOR: PETER B. HENRY   Mgmt   No vote    
                 
A7   ELECTION OF DIRECTOR: SUSAN J. HOCKFIELD   Mgmt   No vote    
                 
A8   ELECTION OF DIRECTOR: JEFFREY R. IMMELT   Mgmt   No vote    
                 
A9   ELECTION OF DIRECTOR: ANDREA JUNG   Mgmt   No vote    
                 
A10   ELECTION OF DIRECTOR: ROBERT W. LANE   Mgmt   No vote    
                 
A11   ELECTION OF DIRECTOR: RISA LAVIZZO-MOUREY   Mgmt   No vote    
                 
A12   ELECTION OF DIRECTOR: ROCHELLE B. LAZARUS   Mgmt   No vote    
                 
A13   ELECTION OF DIRECTOR: LOWELL C. MCADAM   Mgmt   No vote    
                 
A14   ELECTION OF DIRECTOR: STEVEN M. MOLLENKOPF   Mgmt   No vote    
                 
A15   ELECTION OF DIRECTOR: JAMES J. MULVA   Mgmt   No vote    
                 
A16   ELECTION OF DIRECTOR: JAMES E. ROHR   Mgmt   No vote    
                 
A17   ELECTION OF DIRECTOR: MARY L. SCHAPIRO   Mgmt   No vote    
                 
A18   ELECTION OF DIRECTOR: JAMES S. TISCH   Mgmt   No vote    
                 
B1   ADVISORY APPROVAL OF OUR NAMED EXECUTIVES’   Mgmt   No vote    
    COMPENSATION            
                 
B2   ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY   Mgmt   No vote    
    VOTES ON EXECUTIVE COMPENSATION            
                 
B3   APPROVAL OF GE’S 2007 LONG-TERM INCENTIVE PLAN AS   Mgmt   No vote    
    AMENDED            
                 
B4   APPROVAL OF THE MATERIAL TERMS OF SENIOR OFFICER   Mgmt   No vote    
    PERFORMANCE GOALS            
                 
B5   RATIFICATION OF KPMG AS INDEPENDENT AUDITOR FOR 2017   Mgmt   No vote    
                 
C1   REPORT ON LOBBYING ACTIVITIES   Shr   No vote    
                 
C2   REQUIRE THE CHAIRMAN OF THE BOARD TO BE INDEPENDENT   Shr   No vote    
                 
C3   ADOPT CUMULATIVE VOTING FOR DIRECTOR ELECTIONS   Shr   No vote    
                 
C4   REPORT ON CHARITABLE CONTRIBUTIONS   Shr   No vote    
             
INTEL CORPORATION   Agenda Number:       934568431
Security:   458140100   Meeting Type:   Annual
Ticker:   INTC   Meeting Date:   18-May-2017
ISIN:   US4581401001        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1A.   ELECTION OF DIRECTOR: CHARLENE BARSHEFSKY   Mgmt   No vote    
                 
1B.   ELECTION OF DIRECTOR: ANEEL BHUSRI   Mgmt   No vote    
                 
1C.   ELECTION OF DIRECTOR: ANDY D. BRYANT   Mgmt   No vote    
                 
1D.   ELECTION OF DIRECTOR: REED E. HUNDT   Mgmt   No vote    
                 
1E.   ELECTION OF DIRECTOR: OMAR ISHRAK   Mgmt   No vote    
                 
1F.   ELECTION OF DIRECTOR: BRIAN M. KRZANICH   Mgmt   No vote    
                 
1G.   ELECTION OF DIRECTOR: TSU-JAE KING LIU   Mgmt   No vote    
                 
1H.   ELECTION OF DIRECTOR: DAVID S. POTTRUCK   Mgmt   No vote    
                 
1I.   ELECTION OF DIRECTOR: GREGORY D. SMITH   Mgmt   No vote    
                 
1J.   ELECTION OF DIRECTOR: FRANK D. YEARY   Mgmt   No vote    
                 
1K.   ELECTION OF DIRECTOR: DAVID B. YOFFIE   Mgmt   No vote    
                 
2.   RATIFICATION OF SELECTION OF ERNST & YOUNG LLP AS OUR   Mgmt   No vote    
    INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2017            
                 
3.   ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION   Mgmt   No vote    
                 
4.   APPROVAL OF AMENDMENT AND RESTATEMENT OF THE 2006   Mgmt   No vote    
    EQUITY INCENTIVE PLAN            
                 
5.   ADVISORY VOTE ON THE FREQUENCY OF HOLDING FUTURE   Mgmt   No vote    
    ADVISORY VOTES TO APPROVE EXECUTIVE COMPENSATION            
                 
6.   STOCKHOLDER PROPOSAL REQUESTING AN ANNUAL ADVISORY   Shr   No vote    
    STOCKHOLDER VOTE ON POLITICAL CONTRIBUTIONS            
                 
7.   STOCKHOLDER PROPOSAL REQUESTING THAT VOTES COUNTED ON   Shr   No vote    
    STOCKHOLDER PROPOSALS EXCLUDE ABSTENTIONS            
             
J.C. PENNEY COMPANY, INC.   Agenda Number:       934561778
Security:   708160106   Meeting Type:   Annual
Ticker:   JCP   Meeting Date:   19-May-2017
ISIN:   US7081601061        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1A.   ELECTION OF DIRECTOR: PAUL J. BROWN   Mgmt   No vote    
                 
1B.   ELECTION OF DIRECTOR: MARVIN R. ELLISON   Mgmt   No vote    
                 
1C.   ELECTION OF DIRECTOR: AMANDA GINSBERG   Mgmt   No vote    
                 
1D.   ELECTION OF DIRECTOR: B. CRAIG OWENS   Mgmt   No vote    
                 
1E.   ELECTION OF DIRECTOR: LISA A. PAYNE   Mgmt   No vote    
                 
1F.   ELECTION OF DIRECTOR: DEBORA A. PLUNKETT   Mgmt   No vote    
                 
1G.   ELECTION OF DIRECTOR: J. PAUL RAINES   Mgmt   No vote    
                 
1H.   ELECTION OF DIRECTOR: LEONARD H. ROBERTS   Mgmt   No vote    
                 
1I.   ELECTION OF DIRECTOR: JAVIER G. TERUEL   Mgmt   No vote    
                 
1J.   ELECTION OF DIRECTOR: R. GERALD TURNER   Mgmt   No vote    
                 
1K.   ELECTION OF DIRECTOR: RONALD W. TYSOE   Mgmt   No vote    
                 
2.   TO RATIFY THE APPOINTMENT OF KPMG LLP AS INDEPENDENT   Mgmt   No vote    
    AUDITOR FOR THE FISCAL YEAR ENDING FEBRUARY 3, 2018.            
                 
3.   TO APPROVE THE ADOPTION OF AN AMENDMENT AND EXTENSION   Mgmt   No vote    
    OF THE AMENDED AND RESTATED RIGHTS AGREEMENT IN ORDER            
    TO PROTECT THE TAX BENEFITS OF THE COMPANY’S NET            
    OPERATING LOSS CARRYFORWARDS.            
                 
4.   TO APPROVE THE ADOPTION OF THE J. C. PENNEY   Mgmt   No vote    
    CORPORATION, INC. AMENDED AND RESTATED MANAGEMENT            
    INCENTIVE COMPENSATION PROGRAM.            
                 
5.   ADVISORY VOTE ON EXECUTIVE COMPENSATION.   Mgmt   No vote    
                 
6.   ADVISORY VOTE ON FREQUENCY OF HOLDING ADVISORY VOTE ON   Mgmt   No vote    
    EXECUTIVE COMPENSATION.            
             
JOHNSON & JOHNSON   Agenda Number:       934537284
Security:   478160104   Meeting Type:   Annual
Ticker:   JNJ   Meeting Date:   27-Apr-2017
ISIN:   US4781601046        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1A.   ELECTION OF DIRECTOR: MARY C. BECKERLE   Mgmt   No vote    
                 
1B.   ELECTION OF DIRECTOR: D. SCOTT DAVIS   Mgmt   No vote    
                 
1C.   ELECTION OF DIRECTOR: IAN E. L. DAVIS   Mgmt   No vote    
                 
1D.   ELECTION OF DIRECTOR: ALEX GORSKY   Mgmt   No vote    
                 
1E.   ELECTION OF DIRECTOR: MARK B. MCCLELLAN   Mgmt   No vote    
                 
1F.   ELECTION OF DIRECTOR: ANNE M. MULCAHY   Mgmt   No vote    
                 
1G.   ELECTION OF DIRECTOR: WILLIAM D. PEREZ   Mgmt   No vote    
                 
1H.   ELECTION OF DIRECTOR: CHARLES PRINCE   Mgmt   No vote    
                 
1I.   ELECTION OF DIRECTOR: A. EUGENE WASHINGTON   Mgmt   No vote    
                 
1J.   ELECTION OF DIRECTOR: RONALD A. WILLIAMS   Mgmt   No vote    
                 
2.   ADVISORY VOTE ON FREQUENCY OF VOTING TO APPROVE NAMED   Mgmt   No vote    
    EXECUTIVE OFFICER COMPENSATION            
                 
3.   ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER   Mgmt   No vote    
    COMPENSATION            
                 
4.   RE-APPROVAL OF THE MATERIAL TERMS OF PERFORMANCE GOALS   Mgmt   No vote    
    UNDER THE 2012 LONG-TERM INCENTIVE PLAN            
                 
5.   RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS   Mgmt   No vote    
    LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING            
    FIRM FOR 2017            
                 
6.   SHAREHOLDER PROPOSAL - INDEPENDENT BOARD CHAIRMAN   Shr   No vote    
             
MARKEL CORPORATION   Agenda Number:       934542641
Security:   570535104   Meeting Type:   Annual
Ticker:   MKL   Meeting Date:   15-May-2017
ISIN:   US5705351048        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1A.   ELECTION OF DIRECTOR: J. ALFRED BROADDUS, JR.   Mgmt   No vote    
                 
1B.   ELECTION OF DIRECTOR: K. BRUCE CONNELL   Mgmt   No vote    
                 
1C.   ELECTION OF DIRECTOR: DOUGLAS C. EBY   Mgmt   No vote    
                 
1D.   ELECTION OF DIRECTOR: THOMAS S. GAYNER   Mgmt   No vote    
                 
1E.   ELECTION OF DIRECTOR: STEWART M. KASEN   Mgmt   No vote    
                 
1F.   ELECTION OF DIRECTOR: ALAN I. KIRSHNER   Mgmt   No vote    
                 
1G.   ELECTION OF DIRECTOR: LEMUEL E. LEWIS   Mgmt   No vote    
                 
1H.   ELECTION OF DIRECTOR: ANTHONY F. MARKEL   Mgmt   No vote    
                 
1I.   ELECTION OF DIRECTOR: STEVEN A. MARKEL   Mgmt   No vote    
                 
1J.   ELECTION OF DIRECTOR: DARRELL D. MARTIN   Mgmt   No vote    
                 
1K.   ELECTION OF DIRECTOR: MICHAEL O’REILLY   Mgmt   No vote    
                 
1L.   ELECTION OF DIRECTOR: MICHAEL J. SCHEWEL   Mgmt   No vote    
                 
1M.   ELECTION OF DIRECTOR: JAY M. WEINBERG   Mgmt   No vote    
                 
1N.   ELECTION OF DIRECTOR: RICHARD R. WHITT, III   Mgmt   No vote    
                 
1O.   ELECTION OF DIRECTOR: DEBORA J. WILSON   Mgmt   No vote    
                 
2.   ADVISORY VOTE ON APPROVAL OF EXECUTIVE COMPENSATION.   Mgmt   No vote    
                 
3.   ADVISORY VOTE ON THE FREQUENCY OF SHAREHOLDER ADVISORY   Mgmt   No vote    
    VOTES APPROVING EXECUTIVE COMPENSATION.            
                 
4.   RATIFY THE SELECTION OF KPMG LLP BY THE AUDIT   Mgmt   No vote    
    COMMITTEE OF THE BOARD OF DIRECTORS AS THE COMPANY’S            
    INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE            
    YEAR ENDING DECEMBER 31, 2017.            
             
MERCK & CO., INC.   Agenda Number:       934581439
Security:   58933Y105   Meeting Type:   Annual
Ticker:   MRK   Meeting Date:   23-May-2017
ISIN:   US58933Y1055        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1A.   ELECTION OF DIRECTOR: LESLIE A. BRUN   Mgmt   No vote    
                 
1B.   ELECTION OF DIRECTOR: THOMAS R. CECH   Mgmt   No vote    
                 
1C.   ELECTION OF DIRECTOR: PAMELA J. CRAIG   Mgmt   No vote    
                 
1D.   ELECTION OF DIRECTOR: KENNETH C. FRAZIER   Mgmt   No vote    
                 
1E.   ELECTION OF DIRECTOR: THOMAS H. GLOCER   Mgmt   No vote    
                 
1F.   ELECTION OF DIRECTOR: ROCHELLE B. LAZARUS   Mgmt   No vote    
                 
1G.   ELECTION OF DIRECTOR: JOHN H. NOSEWORTHY   Mgmt   No vote    
                 
1H.   ELECTION OF DIRECTOR: CARLOS E. REPRESAS   Mgmt   No vote    
                 
1I.   ELECTION OF DIRECTOR: PAUL B. ROTHMAN   Mgmt   No vote    
                 
1J.   ELECTION OF DIRECTOR: PATRICIA F. RUSSO   Mgmt   No vote    
                 
1K.   ELECTION OF DIRECTOR: CRAIG B. THOMPSON   Mgmt   No vote    
                 
1L.   ELECTION OF DIRECTOR: WENDELL P. WEEKS   Mgmt   No vote    
                 
1M.   ELECTION OF DIRECTOR: PETER C. WENDELL   Mgmt   No vote    
                 
2.   NON-BINDING ADVISORY VOTE TO APPROVE THE COMPENSATION   Mgmt   No vote    
    OF OUR NAMED EXECUTIVE OFFICERS.            
                 
3.   NON-BINDING ADVISORY VOTE ON THE FREQUENCY OF FUTURE   Mgmt   No vote    
    VOTES TO APPROVE THE COMPENSATION OF OUR NAMED            
    EXECUTIVE OFFICERS.            
                 
4.   RATIFICATION OF THE APPOINTMENT OF THE COMPANY’S   Mgmt   No vote    
    INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR            
    2017.            
                 
5.   SHAREHOLDER PROPOSAL REQUESTING AN INDEPENDENT BOARD   Shr   No vote    
    CHAIRMAN.            
                 
6.   SHAREHOLDER PROPOSAL REQUESTING IMPLEMENTATION OF A   Shr   No vote    
    SET OF EMPLOYEE PRACTICES IN ISRAEL/PALESTINE.            
                 
7.   SHAREHOLDER PROPOSAL REQUESTING A REPORT ON CONDUCTING   Shr   No vote    
    BUSINESS IN CONFLICT-AFFECTED AREAS.            
                 
8.   SHAREHOLDER PROPOSAL REQUESTING A REPORT ON BOARD   Shr   No vote    
    OVERSIGHT OF PRODUCT SAFETY AND QUALITY.            
             
MICROSOFT CORPORATION   Agenda Number:       934491224
Security:   594918104   Meeting Type:   Annual
Ticker:   MSFT   Meeting Date:   30-Nov-2016
ISIN:   US5949181045        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1A.   ELECTION OF DIRECTOR: WILLIAM H. GATES III   Mgmt   No vote    
                 
1B.   ELECTION OF DIRECTOR: TERI L. LIST-STOLL   Mgmt   No vote    
                 
1C.   ELECTION OF DIRECTOR: G. MASON MORFIT   Mgmt   No vote    
                 
1D.   ELECTION OF DIRECTOR: SATYA NADELLA   Mgmt   No vote    
                 
1E.   ELECTION OF DIRECTOR: CHARLES H. NOSKI   Mgmt   No vote    
                 
1F.   ELECTION OF DIRECTOR: HELMUT PANKE   Mgmt   No vote    
                 
1G.   ELECTION OF DIRECTOR: SANDRA E. PETERSON   Mgmt   No vote    
                 
1H.   ELECTION OF DIRECTOR: CHARLES W. SCHARF   Mgmt   No vote    
                 
1I.   ELECTION OF DIRECTOR: JOHN W. STANTON   Mgmt   No vote    
                 
1J.   ELECTION OF DIRECTOR: JOHN W. THOMPSON   Mgmt   No vote    
                 
1K.   ELECTION OF DIRECTOR: PADMASREE WARRIOR   Mgmt   No vote    
                 
2.   ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER   Mgmt   No vote    
    COMPENSATION            
                 
3.   RATIFICATION OF DELOITTE & TOUCHE LLP AS OUR   Mgmt   No vote    
    INDEPENDENT AUDITOR FOR FISCAL YEAR 2017            
                 
4.   APPROVAL OF AMENDMENT TO OUR AMENDED AND RESTATED   Mgmt   No vote    
    ARTICLES OF INCORPORATION            
                 
5.   APPROVAL OF FRENCH SUB PLAN UNDER THE 2001 STOCK PLAN   Mgmt   No vote    
                 
6.   SHAREHOLDER PROPOSAL - REQUESTING CERTAIN PROXY ACCESS   Shr   No vote    
    BYLAW AMENDMENTS            
             
MONSANTO COMPANY   Agenda Number:       934502697
Security:   61166W101   Meeting Type:   Special
Ticker:   MON   Meeting Date:   13-Dec-2016
ISIN:   US61166W1018        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1.   TO ADOPT THE AGREEMENT AND PLAN OF MERGER, DATED AS OF   Mgmt   No vote    
    SEPTEMBER 14, 2016 (AS IT MAY BE AMENDED FROM TIME TO            
    TIME, THE "MERGER AGREEMENT"), BY AND AMONG MONSANTO            
    COMPANY (THE "COMPANY"), BAYER AKTIENGESELLSCHAFT, A            
    GERMAN STOCK CORPORATION ("BAYER"), AND KWA INVESTMENT            
    CO., A DELAWARE. (DUE TO SPACE LIMITS, SEE PROXY            
    STATEMENT FOR FULL PROPOSAL).            
                 
2.   TO APPROVE, ON AN ADVISORY (NON-BINDING) BASIS,   Mgmt   No vote    
    CERTAIN COMPENSATION THAT MAY BE PAID OR BECOME            
    PAYABLE TO THE COMPANY’S NAMED EXECUTIVE OFFICERS IN            
    CONNECTION WITH THE MERGER.            
                 
3.   TO APPROVE THE ADJOURNMENT OF THE SPECIAL MEETING, IF   Mgmt   No vote    
    NECESSARY OR APPROPRIATE, INCLUDING TO SOLICIT            
    ADDITIONAL PROXIES IF THERE ARE INSUFFICIENT VOTES AT            
    THE TIME OF THE SPECIAL MEETING TO APPROVE THE            
    PROPOSAL TO ADOPT THE MERGER AGREEMENT OR IN THE            
    ABSENCE OF A QUORUM.            
             
MONSANTO COMPANY   Agenda Number:       934514010
Security:   61166W101   Meeting Type:   Annual
Ticker:   MON   Meeting Date:   27-Jan-2017
ISIN:   US61166W1018        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1A.   ELECTION OF DIRECTOR: DWIGHT M. "MITCH" BARNS   Mgmt   No vote    
                 
1B.   ELECTION OF DIRECTOR: GREGORY H. BOYCE   Mgmt   No vote    
                 
1C.   ELECTION OF DIRECTOR: DAVID L. CHICOINE, PH.D.   Mgmt   No vote    
                 
1D.   ELECTION OF DIRECTOR: JANICE L. FIELDS   Mgmt   No vote    
                 
1E.   ELECTION OF DIRECTOR: HUGH GRANT   Mgmt   No vote    
                 
1F.   ELECTION OF DIRECTOR: ARTHUR H. HARPER   Mgmt   No vote    
                 
1G.   ELECTION OF DIRECTOR: LAURA K. IPSEN   Mgmt   No vote    
                 
1H.   ELECTION OF DIRECTOR: MARCOS M. LUTZ   Mgmt   No vote    
                 
1I.   ELECTION OF DIRECTOR: C. STEVEN MCMILLAN   Mgmt   No vote    
                 
1J.   ELECTION OF DIRECTOR: JON R. MOELLER   Mgmt   No vote    
                 
1K.   ELECTION OF DIRECTOR: GEORGE H. POSTE, PH.D., D.V.M.   Mgmt   No vote    
                 
1L.   ELECTION OF DIRECTOR: ROBERT J. STEVENS   Mgmt   No vote    
                 
1M.   ELECTION OF DIRECTOR: PATRICIA VERDUIN, PH.D.   Mgmt   No vote    
                 
2.   RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS OUR   Mgmt   No vote    
    INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR            
    FISCAL 2017.            
                 
3.   ADVISORY (NON-BINDING) VOTE TO APPROVE EXECUTIVE   Mgmt   No vote    
    COMPENSATION.            
                 
4.   ADVISORY (NON-BINDING) VOTE ON FREQUENCY OF ADVISORY   Mgmt   No vote    
    VOTES ON EXECUTIVE COMPENSATION.            
                 
5.   APPROVAL OF PERFORMANCE GOALS UNDER, AND AN AMENDMENT   Mgmt   No vote    
    TO, THE LONG-TERM INCENTIVE PLAN.            
                 
6.   SHAREOWNER PROPOSAL: LOBBYING REPORT.   Shr   No vote    
                 
7.   SHAREOWNER PROPOSAL: GLYPHOSATE REPORT.   Shr   No vote    
             
SCHLUMBERGER LIMITED (SCHLUMBERGER N.V.)   Agenda Number:       934533705
Security:   806857108   Meeting Type:   Annual
Ticker:   SLB   Meeting Date:   05-Apr-2017
ISIN:   AN8068571086        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1A.   ELECTION OF DIRECTOR: PETER L.S. CURRIE   Mgmt   No vote    
                 
1B.   ELECTION OF DIRECTOR: MIGUEL M. GALUCCIO   Mgmt   No vote    
                 
1C.   ELECTION OF DIRECTOR: V. MAUREEN KEMPSTON DARKES   Mgmt   No vote    
                 
1D.   ELECTION OF DIRECTOR: PAAL KIBSGAARD   Mgmt   No vote    
                 
1E.   ELECTION OF DIRECTOR: NIKOLAY KUDRYAVTSEV   Mgmt   No vote    
                 
1F.   ELECTION OF DIRECTOR: HELGE LUND   Mgmt   No vote    
                 
1G.   ELECTION OF DIRECTOR: MICHAEL E. MARKS   Mgmt   No vote    
                 
1H.   ELECTION OF DIRECTOR: INDRA K. NOOYI   Mgmt   No vote    
                 
1I.   ELECTION OF DIRECTOR: LUBNA S. OLAYAN   Mgmt   No vote    
                 
1J.   ELECTION OF DIRECTOR: LEO RAFAEL REIF   Mgmt   No vote    
                 
1K.   ELECTION OF DIRECTOR: TORE I. SANDVOLD   Mgmt   No vote    
                 
1L.   ELECTION OF DIRECTOR: HENRI SEYDOUX   Mgmt   No vote    
                 
2.   TO APPROVE, ON AN ADVISORY BASIS, THE COMPANY’S   Mgmt   No vote    
    EXECUTIVE COMPENSATION.            
                 
3.   TO CONDUCT AN ADVISORY VOTE ON THE FREQUENCY OF FUTURE   Mgmt   No vote    
    ADVISORY VOTES ON EXECUTIVE COMPENSATION.            
                 
4.   TO APPROVE THE COMPANY’S 2016 FINANCIAL STATEMENTS AND   Mgmt   No vote    
    THE BOARD’S 2016 DECLARATIONS OF DIVIDENDS.            
                 
5.   TO APPROVE THE APPOINTMENT OF PRICEWATERHOUSECOOPERS   Mgmt   No vote    
    LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC            
    ACCOUNTING FIRM FOR 2017.            
                 
6.   TO APPROVE THE ADOPTION OF THE 2017 SCHLUMBERGER   Mgmt   No vote    
    OMNIBUS STOCK INCENTIVE PLAN.            
                 
7.   TO APPROVE AN AMENDMENT AND RESTATEMENT OF THE   Mgmt   No vote    
    SCHLUMBERGER DISCOUNTED STOCK PURCHASE PLAN.            
             
TARGET CORPORATION   Agenda Number:       934609770
Security:   87612E106   Meeting Type:   Annual
Ticker:   TGT   Meeting Date:   14-Jun-2017
ISIN:   US87612E1064        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1A.   ELECTION OF DIRECTOR: ROXANNE S. AUSTIN   Mgmt   No vote    
                 
1B.   ELECTION OF DIRECTOR: DOUGLAS M. BAKER, JR.   Mgmt   No vote    
                 
1C.   ELECTION OF DIRECTOR: BRIAN C. CORNELL   Mgmt   No vote    
                 
1D.   ELECTION OF DIRECTOR: CALVIN DARDEN   Mgmt   No vote    
                 
1E.   ELECTION OF DIRECTOR: HENRIQUE DE CASTRO   Mgmt   No vote    
                 
1F.   ELECTION OF DIRECTOR: ROBERT L. EDWARDS   Mgmt   No vote    
                 
1G.   ELECTION OF DIRECTOR: MELANIE L. HEALEY   Mgmt   No vote    
                 
1H.   ELECTION OF DIRECTOR: DONALD R. KNAUSS   Mgmt   No vote    
                 
1I.   ELECTION OF DIRECTOR: MONICA C. LOZANO   Mgmt   No vote    
                 
1J.   ELECTION OF DIRECTOR: MARY E. MINNICK   Mgmt   No vote    
                 
1K.   ELECTION OF DIRECTOR: DERICA W. RICE   Mgmt   No vote    
                 
1L.   ELECTION OF DIRECTOR: KENNETH L. SALAZAR   Mgmt   No vote    
                 
2.   COMPANY PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST &   Mgmt   No vote    
    YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC            
    ACCOUNTING FIRM.            
                 
3.   COMPANY PROPOSAL TO APPROVE, ON AN ADVISORY BASIS, OUR   Mgmt   No vote    
    EXECUTIVE COMPENSATION ("SAY ON PAY").            
                 
4.   COMPANY PROPOSAL TO APPROVE, ON AN ADVISORY BASIS, THE   Mgmt   No vote    
    FREQUENCY OF OUR SAY ON PAY VOTES.            
                 
5.   COMPANY PROPOSAL TO APPROVE THE TARGET CORPORATION   Mgmt   No vote    
    EXECUTIVE OFFICER CASH INCENTIVE PLAN.            
             
VERIZON COMMUNICATIONS INC.   Agenda Number:       934546461
Security:   92343V104   Meeting Type:   Annual
Ticker:   VZ   Meeting Date:   04-May-2017
ISIN:   US92343V1044        
                 
Prop.#   Proposal   Proposal   Proposal Vote   For/Against
        Type       Management
                 
1A.   ELECTION OF DIRECTOR: SHELLYE L. ARCHAMBEAU   Mgmt   No vote    
                 
1B.   ELECTION OF DIRECTOR: MARK T. BERTOLINI   Mgmt   No vote    
                 
1C.   ELECTION OF DIRECTOR: RICHARD L. CARRION   Mgmt   No vote    
                 
1D.   ELECTION OF DIRECTOR: MELANIE L. HEALEY   Mgmt   No vote    
                 
1E.   ELECTION OF DIRECTOR: M. FRANCES KEETH   Mgmt   No vote    
                 
1F.   ELECTION OF DIRECTOR: KARL-LUDWIG KLEY   Mgmt   No vote    
                 
1G.   ELECTION OF DIRECTOR: LOWELL C. MCADAM   Mgmt   No vote    
                 
1H.   ELECTION OF DIRECTOR: CLARENCE OTIS, JR.   Mgmt   No vote    
                 
1I.   ELECTION OF DIRECTOR: RODNEY E. SLATER   Mgmt   No vote    
                 
1J.   ELECTION OF DIRECTOR: KATHRYN A. TESIJA   Mgmt   No vote    
                 
1K.   ELECTION OF DIRECTOR: GREGORY D. WASSON   Mgmt   No vote    
                 
1L.   ELECTION OF DIRECTOR: GREGORY G. WEAVER   Mgmt   No vote    
                 
2.   RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED   Mgmt   No vote    
    PUBLIC ACCOUNTING FIRM            
                 
3.   ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION   Mgmt   No vote    
                 
4.   ADVISORY VOTE RELATED TO FUTURE VOTES ON EXECUTIVE   Mgmt   No vote    
    COMPENSATION            
                 
5.   APPROVAL OF 2017 LONG-TERM INCENTIVE PLAN   Mgmt   No vote    
                 
6.   HUMAN RIGHTS COMMITTEE   Shr   No vote    
                 
7.   REPORT ON GREENHOUSE GAS REDUCTION TARGETS   Shr   No vote    
                 
8.   SPECIAL SHAREOWNER MEETINGS   Shr   No vote    
                 
9.   EXECUTIVE COMPENSATION CLAWBACK POLICY   Shr   No vote    
                 
10.   STOCK RETENTION POLICY   Shr   No vote    
                 
11.   LIMIT MATCHING CONTRIBUTIONS FOR EXECUTIVES   Shr   No vote    

SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

World Funds Trust
(Registrant)

By /s/ David A. Bogaert
Name:  David A. Bogaert
Title:     President

Date:  August 29, 2017