Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: July 29, 2025

Purpose:

Content: RESOLVED to: 1.  Consider and approve the updated Voting Policy (Appendix 1) 2.  Note the impact of pooling on voting of Fund shares 3.  Consider and agree to delegate the procurement of a dedicated voting provider for the Fund’s passive manager to the Group Director Finance and Corporate Resources in conjunction with the Chair (Appendix 2) 4.  Agree to engage LAPFF to deliver periodic enhanced engagement on Conflict Affected areas and High-Risk Areas (CAHRAs) reporting on behalf of the Fund as they are already active in this area and options from other providers may be limited. 5.  Note the direct award procurement route for LAPFF via the National (LGPS) Framework