SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act file number: 811-05189 The Ibero-America Fund, Inc. (Exact name of registrant as specified in charter) AllianceBernstein L.P. 1345 Avenue of the Americas, New York, New York l0105 (Address of Principal Executive Office) (Zip Code) Registrant's Telephone Number, including Area Code: (800) 221-5672 EMILIE D. WRAPP AllianceBernstein L.P. 1345 Avenue of the Americas New York, New York l0105 (Name and address of agent for service) Copies of communications to: Kathleen K. Clarke 1200 G Street, N.W. Washington, D.C. 20005 Date of fiscal year end: November 30 Date of reporting period: July 1, 2010 - June 30, 2011 Item 1. Proxy Voting Record. ******************************* FORM N-PX REPORT ******************************* ICA File Number: 811-05189 Reporting Period: 07/01/2010 - 06/30/2011 The Ibero-America Fund, Inc. ========================= THE IBERO-AMERICA FUND, INC. ========================= ALLIANCEBERNSTEIN FUNDS Ticker: Security ID: 018616755 Meeting Date: NOV 05, 2010 Meeting Type: Annual Record Date: SEP 09, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director John H. Dobkin For Did Not Vote Management 1.2 Elect Director Michael J. Downey For Did Not Vote Management 1.3 Elect Director William H. Foulk, Jr. For Did Not Vote Management 1.4 Elect Director D. James Guzy For Did Not Vote Management 1.5 Elect Director Nancy P. Jacklin For Did Not Vote Management 1.6 Elect Director Robert M. Keith For Did Not Vote Management 1.7 Elect Director Garry L. Moody For Did Not Vote Management 1.8 Elect Director Marshall C. Turner, Jr. For Did Not Vote Management 1.9 Elect Director Earl D. Weiner For Did Not Vote Management 2 Amend Investment Advisory Agreement For Did Not Vote Management 3 Amend Investment Advisory Agreement For Did Not Vote Management 4 Amend Restated Declaration of Trust For Did Not Vote Management 5 Amend Charters for Certain Funds For Did Not Vote Management Organized as Maryland Corporations 6 Approve Change of Fundamental For Did Not Vote Management Investment Policy Related to Commodities 7 Change Fundamental Investment Objective For Did Not Vote Management to Non-fundamental -------------------------------------------------------------------------------- AMADEUS IT HOLDINGS SA Ticker: AMS Security ID: E04908112 Meeting Date: JUN 23, 2011 Meeting Type: Annual Record Date: JUN 16, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Financial Statements and For For Management Statutory Reports for FY 2010; Approve Allocation of Income 2 Approve Discharge of Directors for FY For For Management 2010 3 Reelect Deloitte SL as Auditors of For For Management Individual and Consolidated Accounts 4 Authorize Increase in Capital by EUR For For Management 4.03 Million Charged to Issue Premium Reserves for an Increase in Par Value from EUR 0.001 to EUR 0.01; Amend Article 5 of Bylaws Accordingly 5 Amend Article 42 Re: Audit Committee For For Management 6.1 Fix Number of Directors at 11 For For Management 6.2 Reelect Enrique Dupuy de Lome Chavarri For Against Management as Director 6.3 Reelect Stephan Gemkow as Director For Against Management 6.4 Reelect Pierre-Henri Gourgeon as For Against Management Director 6.5 Reelect Christian Boireau as Director For Against Management 6.6 Reelect Francesco Loredan as Director For Against Management 6.7 Reelect Stuart McAlpine as Director For Against Management 6.8 Reelect Jose Antonio Tazon Garcia as For Against Management Director 6.9 Ratify Co-option of and Elect David For For Management Gordon Comyn Webster as Director 6.10 Ratify Co-option of and Elect Bernard For For Management Andre Joseph Bourigeaud as Director 7 Advisory Vote on Remuneration Policy For For Management Report 8 Fix Remuneration of Board of Directors For For Management for FY 2011 at EUR 1.38 Million 9 Authorize Increase in Capital via For For Management Issuance of New Shares; Authorize Total or Partial Exclusion of Preemptive Rights; Void Previous Authorization 10 Authorize Issuance of Bonds, For For Management Debentures, and Other Fixed-Income Securities, Simple, Exchangeable and/or Convertible to Shares, Warrants, Notes, and Preferred Shares; Authorize Exclusion of Preemptive Rights; Void Unused Part of Previous Authorization 11 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- AMERICA MOVIL S.A.B. DE C.V. Ticker: AMXL Security ID: P0280A101 Meeting Date: APR 27, 2011 Meeting Type: Annual Record Date: APR 15, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Approve CEO and Auditors' Report on For For Management Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2010 1.2 Approve Board's Report on Accounting For For Management Criteria Policy and Disclosure Policy in Accordance with Article 172-B of Company Law 1.3 Approve Report on Activities and For For Management Operations Undertaken by the Board in Accordance with Article 28 IV (E) of Company Law 1.4 Approve Audit Committee's Report on For For Management Their Activities and on Company's Subsidiaries in Accordance with Article 43 of Company Law 1.5 Approve Financial Statements, For For Management Allocation of Income and Distribution of Dividends 1.6 Approve Report on Repurchased Shares For For Management Program for Fiscal Year 2010 2 Elect/Ratify Directors, Elect Company For Abstain Management Secretary and Deputy Secretary, Elect Chairman of Audit Committee; Approve Their Remuneration, and Approve Discharge of Board of Directors and CEO 3 Elect/Ratify Members to the Key Board For Abstain Management Committees and Approve Their Remuneration, and Approve Discharge of Key Board Committees 4 Set Aggregate Nominal Amount of Share For For Management Repurchase Reserve in Accordance with Article 56 of Mexican Law 5 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting -------------------------------------------------------------------------------- AMERICA MOVIL S.A.B. DE C.V. Ticker: AMXL Security ID: P0280A101 Meeting Date: APR 27, 2011 Meeting Type: Special Record Date: APR 15, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Present Report on Acquisitions in For For Management Accordance with Article 47 of Stock Market Law 2 Accept Report on Reissuance of For For Management Repurchased Shares in Accordance with Article 56 of Stock Market Law; Approve Consequent Capital Increase via Issuance of Shares Representative of the Company's Share Capital 3 Approve Report on Repurchased Shares For For Management Reissuance in Accordance with Art. 56 of Stock Market Law, Art. 26, Paragraph IV of Income Tax Law, and Art. 23 of the Regulations of Income Tax Law 4 Approve 2:1 Stock Split For For Management 5 Amend Bylaws to Reflect Resolutions in For For Management Item 4 6 Accept Report on Adherence to Fiscal For For Management Obligations for Fiscal Year 2009 7 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting -------------------------------------------------------------------------------- AMERICA MOVIL S.A.B. DE C.V. Ticker: AMXL Security ID: P0280A101 Meeting Date: APR 27, 2011 Meeting Type: Special Record Date: APR 15, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Directors for Class L Shares For Abstain Management 2 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting -------------------------------------------------------------------------------- ANHANGUERA EDUCACIONAL PARTICIPACOES S.A Ticker: AEDU3 Security ID: P0355L115 Meeting Date: APR 29, 2011 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2010 2 Approve Allocation of Income and For For Management Dividends 3 Elect Directors For Abstain Management 4 Approve Remuneration of Executive For Abstain Management Officers, Non-Executive Directors, and Fiscal Council Members 5 Elect Fiscal Council Members and For For Management Approve their Remuneration -------------------------------------------------------------------------------- ANHANGUERA EDUCACIONAL PARTICIPACOES S.A Ticker: AEDU3 Security ID: P0355L115 Meeting Date: MAY 11, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Amend Article 5 to Reflect Changes in For For Management Capital -------------------------------------------------------------------------------- ANHANGUERA EDUCACIONAL PARTICIPACOES SA Ticker: AEDU3 Security ID: P0355L123 Meeting Date: SEP 06, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Amend Articles For Did Not Vote Management 2 Consolidate Articles For Did Not Vote Management -------------------------------------------------------------------------------- ANHANGUERA EDUCACIONAL PARTICIPACOES SA Ticker: AEDU3 Security ID: P0355L123 Meeting Date: SEP 30, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Merger Agreement between the For Did Not Vote Management Company and LFG Business, Edicoes e Participacoes Ltda. 2 Appoint Independent Firm to Appraise For Did Not Vote Management Proposed Merger 3 Approve Appraisal of Proposed Merger For Did Not Vote Management 4 Approve Merger between the Company and For Did Not Vote Management LFG Business, Edicoes e Participacoes Ltda. 5 Amend Article 3 to Reflect New Lines of For Did Not Vote Management Business Resulting from Merger 6 Authorize Board to Ratify and Execute For Did Not Vote Management Approved Resolutions -------------------------------------------------------------------------------- ANHANGUERA EDUCACIONAL PARTICIPACOES SA Ticker: AEDU3 Security ID: P0355L123 Meeting Date: OCT 29, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Company's Entry into the Novo For For Management Mercado Listing Segment of the Sao Paulo Stock Exchange 2 Convert Preferred Shares into Ordinary For For Management Shares 3 Approve 7:1 Reverse Stock Split For For Management 4 Amend Articles For For Management 5 Ratify Current Board and Extend Term For Against Management until 2012 -------------------------------------------------------------------------------- ANHANGUERA EDUCACIONAL PARTICIPACOES SA Ticker: AEDU3 Security ID: P0355L123 Meeting Date: OCT 29, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Convert Preferred Shares into Common For For Management Shares -------------------------------------------------------------------------------- ANTENA 3 DE TELEVISION SA Ticker: A3TV Security ID: E05009159 Meeting Date: MAR 30, 2011 Meeting Type: Annual Record Date: MAR 23, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Financial Statements, Statutory For For Management Reports, and Allocation of Income for Fiscal Year 2010 2 Reelect Deloitte SL as Auditors of the For For Management Company and Consolidated Group for a One-Year Term 3 Accept CSR Report for Fiscal Year 2010 None None Management 4 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- BANCO BILBAO VIZCAYA ARGENTARIA, S.A. Ticker: BBVA Security ID: E11805103 Meeting Date: MAR 10, 2011 Meeting Type: Annual Record Date: MAR 03, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Individual and Consolidated For For Management Financial Statements and Statutory Reports, Allocation of Income and Distribution of Dividend, and Discharge Directors for Fiscal Year Ended Dec. 31, 2010 2.1 Reelect Tomas Alfaro Drake as Director For For Management 2.2 Reelect Juan Carlos Alvarez Mezquiriz For For Management as Director 2.3 Reelect Carlos Loring Martinez de Irujo For For Management as Director 2.4 Reelect Susana Rodriguez Vidarte as For For Management Director 2.5 Ratify and Reelect Jose Luis Palao For For Management Garcia-Suelto as Directors 3 Approve Merger by Absorption of For For Management Finanzia Banco de Credito SA (Unipersonal) 4 Authorize Increase in Capital up to 50 For For Management Percent via Issuance of New Shares without Preemptive Rights; Amend Article 5 of Company Bylaws 5.1 Authorize Increase in Capital via For For Management Issuance of New Shares with Nominal Value of EUR 0.49 per Share Charged to Voluntary Reserves 5.2 Authorize Increase in Capital via For For Management Issuance of New Shares with Nominal Value of EUR 0.49 per Share Charged to Voluntary Reserves 6 Authorize Issuance of Debt Securities For For Management up to EUR 250 Billion Within Five Years; Void Unused Part of Previous Authorization 7 Approve Variable Remuneration of For For Management Executives and Directors in Company Shares 8 Approve Extension of Deferred Share For For Management Remuneration Plan 9 Elect Auditors for Fiscal Year 2011 For For Management 10 Amend Articles 1, 6, 9, 13 ter, 15, 16, For For Management 19, 20, 21, 22, 24, 28, 30, 31, 32, 48, 51, 52, 53, 54 and 56 of Company Bylaws 11 Amend Articles 2, 3, 4, 5, 9, 10, 11, For For Management 18 and 20 of General Meeting Guidelines 12 Authorize Board to Ratify and Execute For For Management Approved Resolutions 13 Approve Remuneration Report For For Management -------------------------------------------------------------------------------- BANCO SANTANDER S.A. Ticker: Security ID: E19790109 Meeting Date: JUN 16, 2011 Meeting Type: Annual Record Date: JUN 09, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1.A Accept Individual and Consolidated For For Management Financial Statements and Statutory Reports for FY 2010 1.B Approve Discharge of Directors for FY For For Management 2010 2 Approve Allocation of Income for FY For For Management 2010 3.A Reelect Ana Patricia Botin-Sanz de For For Management Sautuola y O'Shea as Director 3.B Reelect Rodrigo Echenique Gordillo as For Against Management Director 3.C Reelect Lord Burns as Director For Against Management 3.D Reelect Assicurazioni Generali S.p.A. For Against Management as Director 4 Reelect Deloitte, S.L. as Auditors for For For Management FY 2011 5.A Amend Articles 8, 11, 15, 16 and 18 Re: For For Management Equity-Related 5.B Amend Several Articles of Bylaws For For Management 5.C Amend Article 62 and 69 of Bylaws For For Management 6.A Amend Preamble and Article 2 of General For For Management Meeting Regulations 6.B Amend Articles 4, 5 and 8 of General For For Management Meeting Regulations; Add Article 6 Bis to General Meeting Regulations 6.C Amend Article 12, 19, 21 and Additional For For Management Provision of General Meeting Regulations 7 Grant Board Authorization to Increase For For Management Capital 8.A Authorize Increase in Capital Charged For For Management to Voluntary Reserves for Bonus Issue; Amend Article 5 of Bylaws Accordingly; Approve Listing of Shares 8.B Authorize Increase in Capital Charged For For Management to Voluntary Reserves for Bonus Issue; Amend Article 5 of Bylaws Accordingly; Approve Listing of Shares 9.A Authorize to Issuance of Convertible For For Management and/or Exchangeable Debt Securities Including Warrants Without Preemptive Rights; Void Authorization Granted at 2010 AGM 9.B Authorize Issuance of Non Convertible For For Management Debt Securities Including Warrants 10.A Approve Sixth Cycle of Performance For For Management Share Plan 10.B Approve Second Cycle of Deferred and For For Management Conditional Share Plan 10.C Approve First Cycle of Deferred and For For Management Conditional Variable Remuneration Plan 10.D Approve Savings Plan for Santander UK For For Management plc Employees and Other Companies of Santander Group in UK 11 Authorize Board to Ratify and Execute For For Management Approved Resolutions 12 Advisory Vote on Remuneration Policy For For Management Report -------------------------------------------------------------------------------- BMF BOVESPA S.A. BOLSA VALORES MERC FUT Ticker: BVMF3 Security ID: P73232103 Meeting Date: APR 18, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Amend Article For For Management 2 Amend Article 7 For For Management 3 Amend Article 20 For For Management 4 Amend Article 29 For For Management 5 Amend Article 61 For For Management 6 Amend Article 63 For For Management 7 Amend Article 64 For For Management 8 Amend Article 65 For For Management 9 Amend Articles For For Management 10 Amend Article 5 For For Management 11 Amend Article 16 For For Management 12 Amend Article 18 For For Management 13 Amend Articles For For Management 14 Amend Article 29 and 38 For For Management 15 Amend Article 34 For For Management 16 Amend Article 38 For For Management 17 Amend Article 45 For For Management 18 Amend Article 47 For For Management 19 Amend Articles 69 and 70 For For Management 20 Amend Article 70 For For Management 21 Amend Article 74 For For Management 22 Amend Article 73 For For Management 23 Amend Articles For For Management 24 Amend Articles For For Management 25 Consolidate Bylaws For For Management 26 Amend Stock Option Plan For For Management -------------------------------------------------------------------------------- BMF BOVESPA S.A. BOLSA VALORES MERC FUT Ticker: BVMF3 Security ID: P73232103 Meeting Date: APR 18, 2011 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2010 2 Approve Allocation of Income and For For Management Dividends 3 Elect Directors For For Management 4 Approve Remuneration of Executive For For Management Officers, Non-Executive Directors, and Fiscal Council Members -------------------------------------------------------------------------------- BR MALLS PARTICIPACOES S.A. Ticker: BRML3 Security ID: P1908S102 Meeting Date: SEP 23, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Three Alternate Board Members For Did Not Vote Management 2 Approve 2:1 Stock Split For Did Not Vote Management 3 Authorize Capitalization of Reserves For Did Not Vote Management without Issuance of Shares 4 Amend Article 5 to Reflect Changes in For Did Not Vote Management Capital Due to Capitalization of Reserves and Stock Split 5 Approve Increase in Authorized Capital For Did Not Vote Management and Amend Article 6 Accordingly 6 Authorize Creation of Statutory Reserve For Did Not Vote Management for Investment Purposes; Amend Article 31 Accordingly -------------------------------------------------------------------------------- BR MALLS PARTICIPACOES S.A. Ticker: BRML3 Security ID: P1908S102 Meeting Date: DEC 09, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Acquisition of 50.01 Percent of For For Management Share Capital of Cima Empreendimentos do Brasil SA by Ecisa Engenharia, Comercio e Industria Ltd, a Company Subsidiary 2 Authorize Board to Ratify and Execute For For Management Approved Resolutions. -------------------------------------------------------------------------------- BR MALLS PARTICIPACOES S.A. Ticker: BRML3 Security ID: P1908S102 Meeting Date: APR 29, 2011 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2010 2 Approve Allocation of Income and For For Management Dividends -------------------------------------------------------------------------------- BR MALLS PARTICIPACOES S.A. Ticker: BRML3 Security ID: P1908S102 Meeting Date: APR 29, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Authorize Capitalization of Reserves For For Management without Issuance of Shares 2 Amend Article 5 to Reflect Changes in For For Management Capital 3 Approve Remuneration of Executive For Abstain Management Officers, Non-Executive Directors -------------------------------------------------------------------------------- CIE AUTOMOTIVE S.A. Ticker: CIE Security ID: E21245118 Meeting Date: MAY 04, 2011 Meeting Type: Annual Record Date: APR 27, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Individual and Consolidated For For Management Financial Statements and Statutory Reports for FY 2010; Approve Discharge of Directors 2 Approve Allocation of Income for FY For For Management 2010 3 Amend Several Articles of Bylaws For For Management 4 Amend Several Articles of General For For Management Meeting Regulations; Add Chapter VII to the General Meeting Regulations 5 Appoint Pricewaterhousecoopers For For Management Auditores SL as Auditors of Individual and Consolidated Accounts 6 Authorize Board to Ratify and Execute For For Management Approved Resolutions 7 Approve Minutes of Meeting For For Management -------------------------------------------------------------------------------- COMPANHIA DE BEBIDAS DAS AMERICAS - AMBEV Ticker: AMBV4 Security ID: P0273S127 Meeting Date: APR 29, 2011 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2010 2 Approve Allocation of Income and For For Management Dividends 3 Elect Directors For For Management 4 Elect Fiscal Council For For Management 5 Approve Remuneration of Executive For For Management Officers, Non-Executive Directors, and Fiscal Council Members -------------------------------------------------------------------------------- COMPARTAMOS S.A.B. DE C.V. Ticker: COMPARC Security ID: P30941101 Meeting Date: MAR 31, 2011 Meeting Type: Special Record Date: MAR 23, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Purchase of Shares of Banco For For Management Compartamos SA, Institucion de Banca Multiple 2 Set Share Price of Banco Compartamos For For Management SA, Institucion de Banca Multiple in Connection with Tender Offer 3 Approve Stock Option Plan For Against Management 4 Authorize Increase in Capital via For For Management Capitalization of Share Purchase 5 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting 1 Approve Cancellation of Company For For Management Treasury Shares 2 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting -------------------------------------------------------------------------------- COMPARTAMOS S.A.B. DE C.V. Ticker: COMPARC Security ID: P30941101 Meeting Date: APR 29, 2011 Meeting Type: Annual Record Date: APR 19, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Report of Board of Directors in For For Management Compliance with Article 172 of Mexican General Companies Law 2 Accept Financial Statements for the For For Management Period Ended March 31, 2011 3 Approve Allocation of Income for Fiscal For For Management Year 2010 and the Period Ended March 31, 2011 4 Accept Tax Report on Adherence to For For Management Fiscal Obligations Pursuant to Article 86 of the Income Tax Law 5 Elect Directors, Chairmen of Audit and For Abstain Management Corporate Practices Committees; Approve their Remuneration 6 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting -------------------------------------------------------------------------------- CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES, S.A. Ticker: CAF Security ID: E31774115 Meeting Date: JUN 04, 2011 Meeting Type: Annual Record Date: MAY 30, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Individual and Consolidated For For Management Financial Statements and Discharge Directors for FY 2010 2 Approve Allocation of Income and For For Management Dividends of EUR 10.5 Per Share 3 Amend Several Articles of Bylaws to For For Management Adapt to Revised Legislations 4 Amend Several Articles of General For For Management Meeting Regulations to Adapt to Revised Legislations 5.1 Re-elect Jose Miguel de la Rica For Against Management Basagoiti as Director 5.2 Re-elect Fermin Arrese Arratibel as For Against Management Director 6 Re-elect Deloitte SL as Auditors of For For Management Individual and Consolidated Accounts 7 Authorize Board to Ratify and Execute For For Management Approved Resolutions 8 Approve Minutes of Meeting For For Management -------------------------------------------------------------------------------- CORPORACION FINANCIERA ALBA, S. A. Ticker: ALB Security ID: E33391132 Meeting Date: MAY 25, 2011 Meeting Type: Annual/Special Record Date: MAY 18, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Individual and Consolidated For For Management Financial Statements for FY Ended December 31, 2010 2 Approve Discharge of Directors for FY For For Management 2010 3 Approve Allocation of Income and For For Management Dividends 4.1 Fix Number of Directors at 14 For For Management 4.2.a Ratify Appointment of Juan March Juan For For Management as Director 4.2.b Ratify Appointment of Jose Nieto de la For For Management Cierva as Director 4.2.c Elect Jose Maria Serra Farre as For For Management Director 4.2.d Elect Ramon Carne Casas as Director For For Management 4.2.e Re-elect Nicholas Brookes as Director For For Management 5.1 Amend Article 15 of Bylaws Re: General For For Management Meeting-Related 5.2 Amend Article 16 of Bylaws Re: General For For Management Meeting-Related 5.3 Amend Article 20 of Bylaws Re: General For For Management Meeting-Related 5.4 Amend Article 22 of Bylaws Re: General For For Management Meeting-Related 5.5 Amend Article 24 of Bylaws Re: General For For Management Meeting-Related 5.6 Amend Article 30 of Bylaws Re: General For For Management Meeting-Related 5.7 Amend Article 31 of Bylaws Re: General For For Management Meeting-Related 5.8 Amend Article 37 of Bylaws Re: For For Management Re-election 5.9 Amend Article 39 of Bylaws Re: For For Management Remuneration 5.10 Amend Article 47 of Bylaws Re: Audit For For Management Committee 5.11 Amend Article 49 of Bylaws Re: For For Management Financial Statements and Statutory Reports 5.12 Amend Article 50 of Bylaws to Adopt New For For Management Chart of Accounts as per Spanish Corporate Enterprises Act 5.13 Amend Article 57 of Bylaws Re: For For Management Application of Net Income 6.a.1 Amend Article 5 of General Meeting For For Management Regulations Re: Functions 6.a.2 Amend Article 7 of General Meeting For For Management Regulations Re: Right to Information 6.a.3 Amend Article 8 of General Meeting For For Management Regulations Re: Attendance 6.a.4 Amend Article 18 of General Meeting For For Management Regulations Re: Convening the General Meeting 6.a.5 Amend Article 21 of General Meeting For For Management Regulations Re: Quorum Requirement for Special Business Matters 6.a.6 Amend Article 26 of General Meeting For For Management Regulations Re: Adoption of Resolutions 6.b Receive Changes to Board of Directors' None None Management Guidelines 7 Advisory Vote on Remuneration Report For For Management 8 Re-elect Ernst & Young SL as Auditors For For Management of Company and Consolidated Group 9 Authorize Repurchase of Shares in For For Management Accordance with Article 146 of Spanish Corporate Enterprises Act 10 Approve Reduction in Share Capital via For For Management Amortization of Treasury Shares 11 Approve Transfer of Excess from Legal For For Management Reserves Following Capital Reduction from Item 10 to Voluntary Reserves 12 Approve Stock Option Plan For For Management 13 Authorize Board to Ratify and Execute For For Management Approved Resolutions 14 Approve Minutes of Meeting For For Management -------------------------------------------------------------------------------- COSAN S.A. INDUSTRIA E COMERCIO Ticker: CSAN3 Security ID: P31573101 Meeting Date: DEC 14, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Change Location of Company Headquarters For For Management -------------------------------------------------------------------------------- COSAN SA INDUSTRIA E COMERCIO Ticker: CSAN3 Security ID: P31573101 Meeting Date: JUL 30, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended March 31, 2010 2 Approve Allocation of Income and For For Management Dividends 3 Approve Remuneration of Executive For Against Management Officers, Non-Executive Directors, and Fiscal Council Members 4 Elect Directors For For Management 5 Elect Fiscal Council For For Management -------------------------------------------------------------------------------- COSAN SA INDUSTRIA E COMERCIO Ticker: CSAN3 Security ID: P31573101 Meeting Date: JUL 30, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Amend Articles 22 and 27 For For Management 2 Amend Article 27 to Establish New For For Management Purview Committee 3 Consolidate Bylaws For For Management -------------------------------------------------------------------------------- CRITERIA CAIXACORP SA Ticker: Security ID: E3641N103 Meeting Date: MAY 12, 2011 Meeting Type: Annual Record Date: MAY 05, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Consolidated and Individual For For Management Financial Statements and Statutory Reports for FY 2010 2 Approve Discharge of Directors For For Management 3 Approve Allocation of Income and For For Management Dividends of EUR 0.08 per Share 4.1 Authorize Increase in Capital Charged For For Management to Voluntary Reserves for Bonus Issue; Amend Article 5 and 6.1 of Bylaws Accordingly 4.2 Authorize Second Increase in Capital For For Management Charged to Voluntary Reserves for Bonus Issue; Amend Article 5 and 6.1 of Bylaws Accordingly 5 Authorize Third Increase in Capital For For Management Charged to Voluntary Reserves for Bonus Issue; Amend Article 5 and 6.1 of Bylaws Accordingly 6 Amend Articles 4, 8,10, 11, 13, 15, 18, For For Management 19, 20, 21, 34, 40, 44, and 49 of Bylaws 7 Amend Articles 14, 17, 24, 31, 32, 45, For For Management and Add New Paragraph 4 of Article 46 8.A Approve Exchange of Assets Between For For Management Company and Caixa d'Estalvis i Pensions de Barcelona 8.B Approve Issuance of 374.40 Million For For Management Shares without Preemptive Rights in Connection with an Acquisition of Microbank de "la Caixa" SA; Amend Articles 5 and 6.1 of Bylaws Accordingly 8.C Approve Merger by Absorption of For For Management Microbank de "la Caixa" SA 9 Approve Internal Reorganization Plan at For For Management Completion of Proposed Transactions in Items 8a to 8c 10 Amend Preamble, Articles 3, 5, 10, 11, For For Management 12, and 13; Add New Article 7bis; Approve New General Meeting Regulations 11 Receive Changes to Board of Directors' None None Management Guidelines 12 Authorize Increase in Capital up to EUR For For Management 1.68 Billion via Issuance of New Shares without Preemptive Rights 13 Authorize Issuance of Convertible Bonds For For Management Including Warrants without Preemptive Rights up to EUR 4 Billion 14 Authorize Issuance of Bonds/Debentures For For Management up to EUR 51 Billion 15.1 Fix Number of Directors to 18 For Against Management 15.2 Elect Juan Jose Lopez Burniol as For Against Management Director 16 Authorize Repurchase of Shares For For Management 17 Allow Directors David K.P. Li and For For Management Carlos Slim Helu to Fulfill Director Functions in Bank of East Asia 18 Re-elect Deloitte SL as Auditors For For Management 19 Advisory Vote on Remuneration Report For For Management 20 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- CYRELA BRAZIL RLTY SA EMPREENDIMENTOS E PARTICIPACOES Ticker: CYRE3 Security ID: P34085103 Meeting Date: AUG 06, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Director For For Management -------------------------------------------------------------------------------- CYRELA BRAZIL RLTY SA EMPREENDIMENTOS E PARTICIPACOES Ticker: CYRE3 Security ID: P34085103 Meeting Date: OCT 05, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Amend Stock Option Plans For Did Not Vote Management -------------------------------------------------------------------------------- DIAGNOSTICOS DA AMERICA SA Ticker: DASA3 Security ID: P3589C109 Meeting Date: JAN 05, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Merger between the Company and For For Management MD1 Diagnosticos SA 2 Approve Merger Agreement between the For For Management Company and MD1 Diagnosticos SA 3 Appoint Independent Firm to Appraise For For Management Proposed Merger 4 Approve Independent Firm's Appraisal For For Management 5 Approve Issuance of Shares in For For Management Connection with Merger 6 Amend Articles to Reflect Changes in For For Management Capital 7 Approve Stock Option Plan For Against Management 8 Authorize Board to Ratify and Execute For Against Management Approved Resolutions 9 Elect Directors For For Management -------------------------------------------------------------------------------- DIAGNOSTICOS DA AMERICA SA Ticker: DASA3 Security ID: P3589C109 Meeting Date: APR 26, 2011 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2010 2 Approve Capital Budget and Allocation For For Management of Income 3 Elect Directors For Abstain Management 4 Approve Remuneration of Executive For For Management Officers, Non-Executive Directors -------------------------------------------------------------------------------- DIAGNOSTICOS DA AMERICA SA Ticker: DASA3 Security ID: P3589C109 Meeting Date: APR 26, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Cancellation of 2008 Stock For For Management Option Plan -------------------------------------------------------------------------------- EDP-ENERGIAS DE PORTUGAL S.A Ticker: EDP Security ID: X67925119 Meeting Date: APR 14, 2011 Meeting Type: Annual Record Date: APR 07, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal 2010 2 Approve Allocation of Income and For For Management Dividends 3.A.1 Approve Discharge of General and For For Shareholder Supervisory Board 3.A.2 Approve Discharge of Executive Board For For Shareholder 3.A.3 Approve Discharge of Statutory Auditor For For Shareholder 3B Approve Discharge of Management and For For Management Supervisory Board 4 Authorize Repurchase and Reissuance of For For Management Shares 5 Authorize Repurchase and Reissuance of For For Management Debt Instruments 6 Approve Remuneration Policy for For For Management Executive Directors 7 Approve Remuneration Policy for Other For For Management Corporate Bodies 8A Elect Parpublica SGPS as Director For For Management 8B Elect Jose de Melo Energia SGPS as For For Management Director -------------------------------------------------------------------------------- ENAGAS S.A. Ticker: ENG Security ID: E41759106 Meeting Date: MAR 24, 2011 Meeting Type: Annual Record Date: MAR 17, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Individual and Consolidated For For Management Financial Statements and Statutory Reports for Fiscal Year 2010 2 Approve Allocation of Income for Fiscal For For Management Year 2010 3 Approve Discharge of Directors for For For Management Fiscal Year 2010 4 Reelect Deloitte SL as Auditor for For For Management Fiscal Year 2011 5.1 Amend Article 1 of Bylaws Re: Corporate For For Management Name 5.2 Amend Article 8 of Bylaws Re: For For Management Shareholders' Rights 5.3 Amend Article 10 of Bylaws Re: Usufruct For For Management of Shares 5.4 Amend Article 11 of Bylaws Re: Pledging For For Management of Shares 5.5 Amend Article 14 of Bylaws Re: For For Management Preemptive Rights 5.6 Amend Article 15 of Bylaws Re: For For Management Reduction of Capital by Share Repurchase 5.7 Amend Article16 of Bylaws Re: Issuance For For Management of Bonds 5.8 Amend Article18 of Bylaws Re: General For For Management Meeting 5.9 Amend Article 21 of Bylaws Re: For For Management Extraordinary General Meetings 5.10 Amend Article 22 of Bylaws Re: For For Management Convening the General Meeting 5.11 Amend Article 23 of Bylaws Re: For For Management Exceptional Convening of the General Meeting 5.12 Amend Article 26 of Bylaws Re: Special For For Management Quorum 5.13 Amend Article 27 of Bylaws Re: For For Management Attendance at Meetings, Representation by Proxy and Voting 5.14 Amend Article 32 of Bylaws Re: Minutes For For Management of General Meetings 5.15 Amend Article 33 of Bylaws Re: For For Management Notarised Minutes 5.16 Amend Article 34 of Bylaws Re: For For Management Challenges to Resolutions of the General Meeting 5.17 Amend Article 35 of Bylaws Re: For For Management Composition of the Board 5.18 Amend Article 42 of Bylaws Re: For For Management Challenges to Resolutions of the Board of Directors 5.19 Amend Article 44 of Bylaws Re: Audit For For Management and Compliance Committee 5.20 Amend Article 47 of Bylaws Re: For For Management Employees 5.21 Amend Article 50 of Bylaws Re: For For Management Appointment of Auditors 5.22 Amend Article 52 of Bylaws Re: For For Management Allocation of Profit or Loss 5.23 Amend Article 54 of Bylaws Re: For For Management Distribution of Dividends 6.1 Amend Article 4 of General Meeting For For Management Regulations Re: Powers of the General Meeting 6.2 Amend Article 5 of General Meeting For For Management Regulations Re: Convening the General Meeting 6.3 Amend Article 7 of General Meeting For For Management Regulations Re: Shareholders' Right to Information 6.4 Amend Article 9 of General Meeting For For Management Regulations Re: Attendance Rights 6.5 Amend Article 10 of General Meeting For For Management Regulations Re: Proxy Rights 6.6 Amend Article 11 of General Meeting For For Management Regulations Re: Voting Rights 6.7 Amend Article 12 of General Meeting For For Management Regulations Re: Organisation and Constitution of the General Meeting 6.8 Amend Article 13 of General Meeting For For Management Regulations Re: Proceedings of the General Meeting 6.9 Amend Article 14 of General Meeting For For Management Regulations Re: Attendance and Intervention of Other Persons 6.10 Amend Article 15 of General Meeting For For Management Regulations Re: Minutes of the General Meeting 7.1 Re-elect Jesus David Alvarez Mezquiriz For For Management as Director 7.2 Re-elect Luis Javier Navarro Vigil as For For Management Director 7.3 Re-elect Caja de Ahorros de Valencia, For Abstain Management Castellon y Alicante (BANCAJA) as Director 7.4 Ratify Appointment of Sultan Hamed For For Management Khamis Al Burtamani as Director 8 Approve Remuneration of Directors for For For Management Fiscal Year 2011 9 Authorize Issuance of Convertible and For For Management Non-Convertible Bonds, Debentures, or Fixed Income Securities up to EUR 4 Billion, with Preemptive Rights on Convertible Issues 10 Accept Explanatory Report in Accordance None None Management with Article 116 bis of Spanish Stock Market Law 11 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- FERROVIAL SA Ticker: FER Security ID: E49512119 Meeting Date: MAR 31, 2011 Meeting Type: Annual Record Date: MAR 24, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Present Management Report in Compliance None None Management with Article 116 bis of Spanish Securities Market Law 2 Approve Individual and Consolidated For For Management Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2010 3.1 Approve Allocation of Income for Fiscal For For Management Year 2010 3.2 Approve Dividend of EUR 0.30 Per Share For For Management Charged to Voluntary Reserves 4 Approve Discharge of Directors for For For Management Fiscal Year 2010 5 Fix Board Size to 12 Directors For For Management 6 Amend Articles 1, 8, 10, 12, 13, 16, For For Management 17, 22, 25, 26, 27, 34, 42, 49, 52, 56, and 57 of Company Bylaws 7.1 Amend Preamble and Articles 4, 5, 6, 7, For For Management 13, 24, and 25 of General Meeting Regulations 7.2 Add New Subsection 3 in Article 8 Re: For For Management Electronic Shareholders' Forum 8 Approve Payment to Executive Directors For For Management and Senior Management of Compensation Owed to Them in the Form of Stock in Lieu of Cash 9 Authorize Board to Ratify and Execute For For Management Approved Resolutions; Authorize Filing of Required Documents -------------------------------------------------------------------------------- FIBRIA CELULOSE SA Ticker: FIBR3 Security ID: P9806R225 Meeting Date: SEP 30, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Agreement to Absorb Alicia For Did Not Vote Management Papeis SA 2 Appoint Independent Firm to Appraise For Did Not Vote Management Proposed Merger 3 Approve Appraisal of Proposed Merger For Did Not Vote Management 4 Approve Absorption For Did Not Vote Management 5 Transact Other Business For Did Not Vote Management -------------------------------------------------------------------------------- GAFISA S.A. Ticker: GFSA3 Security ID: P4408T158 Meeting Date: OCT 14, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Directors For For Management 2 Amend Remuneration of Executive For For Management Officers, Non-Executive Directors, and Fiscal Council Members -------------------------------------------------------------------------------- GENOMMA LAB INTERNACIONAL S.A.B. DE C.V. Ticker: LABB Security ID: P48318102 Meeting Date: MAR 24, 2011 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Statutory Reports as Required by For For Management Article 28 of Mexican Securities Law, Approve Financial Statements for Fiscal Year Ended Dec. 31, 2010; Approve Tax Obligation Compliance Reports and Approve Allocation of Income 2 Elect Directors, Secretary, and For Abstain Management Presidents of Audit and Corporate Governance Committees 3 Approve Remuneration of Directors, For For Management Board Secretary and Members of Board Committees 4 Set Aggregate Nominal Amount of Share For For Management Repurchase Reserve 5 Approve Consolidation of Company Bylaws For Abstain Management 6 Designate Inspector or Shareholder For For Management Representative of Minutes of Meeting -------------------------------------------------------------------------------- GERDAU S.A. Ticker: GGBR4 Security ID: P2867P113 Meeting Date: APR 26, 2011 Meeting Type: Annual/Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2010 2 Approve Allocation of Income and For For Management Dividends 3 Elect Directors and Approve the For Abstain Management Remuneration of Administrators 4 Elect Fiscal Council Members and For For Management Approve Their Remuneration 5 Amend Conditions of Third Debenture For For Management Issuance, Series A and B -------------------------------------------------------------------------------- GESTEVISION TELECINCO S.A. Ticker: TL5 Security ID: E56793107 Meeting Date: APR 13, 2011 Meeting Type: Annual Record Date: APR 06, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Individual and Consolidated For For Management Financial Statements and Statutory Reports for Fiscal Year 2010 2 Approve Allocation of Income and For For Management Dividends of EUR 0.24 Per Share 3 Approve Discharge of Directors for For For Management Fiscal Year 2010 4 Approve Special Dividends of EUR 0.106 For For Management Per Share 5 Change Company Name to Mediaset Espana For For Management Comunicacion SA and Amend Article 1 Accordingly 6 Appove Maximum Aggregate Annual For For Management Remuneration of Directors 7 Approve Shares in Lieu of Cash for For For Management Executives 8 Approve Stock Option and Restricted For Against Management Stock Plan 9 Authorize Repurchase of Shares; Approve For Against Management Allocation of Repurchased Shares to Remuneration Plans; Void Previous Authorization 10 Re-appoint Ernst & Young SL as Auditors For For Management of Company and Consolidated Group 11 Receive Remuneration Report for Fiscal None None Management Year 2010 12 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- GRUPO CATALANA OCCIDENTE S.A Ticker: GCO Security ID: E5701Q116 Meeting Date: APR 28, 2011 Meeting Type: Annual Record Date: APR 21, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Individual Financial Statements For For Management and Statutory Reports for FY 2010 2 Approve Allocation of Income for FY For For Management 2010 3 Accept Consolidated Financial For For Management Statements and Statutory Reports for FY 2010 4 Approve Discharge of Directors for the For For Management FY 2010 5 Adopt New Bylaws For Against Management 6.1 Reelect Francisco Jose Arregui Laborda For For Management as Director 6.2 Reelect JS Invest SL as Director For For Management 6.3 Reelect Newsercal SL as Director For For Management 6.4 Elect Juan Ignacio Guerrero Gilabert as For For Management Director 7 Elect Auditors of Individual and For For Management Consolidated Accounts for FY 2011 8 Amend Preamble, and Articles 3 and 4; For For Management Add New Article 5 bis of General Meeting Regulations 9 Accept Changes to Board of Directors' For For Management Regulations 10 Authorize Increase in Capital without For For Management Preemptive Rights 11 Advisory Vote on Remuneration Report For Against Management 12 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- GRUPO COMERCIAL CHEDRAUI S.A.B. DE C.V. Ticker: CHDRAUIB Security ID: P4612W104 Meeting Date: AUG 26, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Cancellation of Company For For Management Treasury Shares; Consequently Reduce Share Capital; Amend Article 6 of Company Bylaws Accordingly 2 Approve of the Creation of the Reserve For For Management Funds for the Acquisition of the Company's Own Shares 3 Set Maximum Nominal Amount for Share For For Management Repurchase 4 Set Company's Responsibility Policy in For For Management Relation to Directors and Officers 5 Elect New Director of the Board and For For Management Secretary 6 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting -------------------------------------------------------------------------------- GRUPO COMERCIAL CHEDRAUI SAB DE CV Ticker: CHDRAUIB Security ID: P4612W104 Meeting Date: MAR 23, 2011 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2010 2 Approve Report on Adherence to Fiscal For For Management Obligations 3 Approve Audit and Corporate Practices For For Management Committee's Report for Fiscal Year Ended Dec. 31, 2010 4 Approve Financial Statements for Fiscal For For Management Year Ended Dec. 31, 2010, and Allocation of Income 5 Approve Dividends For For Management 6 Approve Report on Share Repurchase and For For Management Set Maximum Amount for Share Repurchase 7 Elect or Ratify Directors, and Audit For Abstain Management and Corporate Practice Committee Members; Approve Their Respective Remuneration 8 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting -------------------------------------------------------------------------------- GRUPO COMERCIAL CHEDRAUI SAB DE CV Ticker: CHDRAUIB Security ID: P4612W104 Meeting Date: MAY 20, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect New Director For Abstain Management 2 Accept Report on Resigning of Pablo For For Management Prudencio Collado Casares as Member of the Board and Audit and Corporate Practices Committee 3 Elect or Ratify Members of Audit and For Abstain Management Corporate Practices Committee 4 Approve Granting of Powers For Against Management 5 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting -------------------------------------------------------------------------------- GRUPO FINANCIERO BANORTE S.A.B. DE C.V. Ticker: GFNORTEO Security ID: P49501201 Meeting Date: OCT 04, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Directors For Abstain Management 2 Approve Dividends of MXN 0.17 Per Share For For Management 3 Present Auditor Report For For Management 4 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting 5 Approve Minutes of Meeting For For Management -------------------------------------------------------------------------------- GRUPO FINANCIERO BANORTE S.A.B. DE C.V. Ticker: GFNORTEO Security ID: P49501201 Meeting Date: FEB 18, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Directors For For Management 2 Approve Cash Dividends of MXN 0.17 Per For For Management Share 3 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting 4 Approve Minutes of Meeting For For Management -------------------------------------------------------------------------------- GRUPO FINANCIERO BANORTE S.A.B. DE C.V. Ticker: GFNORTEO Security ID: P49501201 Meeting Date: MAR 30, 2011 Meeting Type: Special Record Date: MAR 16, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Acquisition of IXE Grupo For For Management Financiero S.A.B. de C.V by Grupo Financiero Banorte S.A.B. de C.V.; Approve Financial Statements 2 Amend Company Bylaws For For Management 3 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting 4 Approve Minutes of Meeting For For Management -------------------------------------------------------------------------------- GRUPO FINANCIERO BANORTE S.A.B. DE C.V. Ticker: GFNORTEO Security ID: P49501201 Meeting Date: APR 29, 2011 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2010 2 Approve Allocation of Income For For Management 3 Approve Cash Dividends of MXN 0.18 Per For For Management Share 4 Elect Directors; Verify Independence of For For Management Board Members 5 Approve Remuneration of Directors For For Management 6 Elect Members of Audit and Corporate For For Management Practices Committee 7 Present Report on Company's 2010 Share For For Management Repurchase Program; Set Maximum Nominal Amount of Share Repurchase Program for 2011 8 Authorize Board to Obtain Certification For For Management of the Company Bylaws 9 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting 10 Approve Minutes of Meeting For For Management -------------------------------------------------------------------------------- GRUPO TELEVISA S.A. Ticker: TLEVISACPO Security ID: P4987V137 Meeting Date: APR 29, 2011 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Financial Statements and For For Management Statutory Reports as Required by Article 28 of Mexican Securities Law, Approve Financial Statements for Fiscal Year Ended Dec. 31, 2010; Approve Discharge of Directors, CEO and Board Committees 2 Present Report on Compliance with For For Management Fiscal Obligations 3 Approve Allocation of Income for Fiscal For For Management Year 2010 4 Aggregate Nominal Amount for Share For For Management Repurchase and Receive Report on Board's Decision on Share Repurchase and Sale of Treasury Shares 5 Elect or Ratify Members of the Board, For Abstain Management Secretary and Other Officers 6 Elect or Ratify Members of the For Abstain Management Executive Committee 7 Elect or Ratify Chairman of Audit For Abstain Management Committee and Corporate Practices Committee 8 Approve Remuneration of Board Members, For For Management Executive, Audit and Corporate Practices Committees, and Secretary 9 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting -------------------------------------------------------------------------------- GRUPO TELEVISA S.A. Ticker: TLEVISACPO Security ID: P4987V137 Meeting Date: APR 29, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Merger Balance Sheet and For For Management Financial Statements as of March 31, 2011 2 Approve Merger of Grupo Televisa SAB de For For Management CV and Cablemas SA de CV; Approve Terms and Conditions of Merger 3 Approve Increase in Share Capital; For For Management Issuance of Class A, B, D and L Shares in Connection with Merger in Item 2 4 Amend Company Bylaws to Reflect For For Management Resolutions in Previous Items 5 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting -------------------------------------------------------------------------------- HYPERMARCAS S.A Ticker: HYPE3 Security ID: P5230A101 Meeting Date: APR 04, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Authorize Issuance of Bonds For For Management 2 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- HYPERMARCAS S.A Ticker: HYPE3 Security ID: P5230A101 Meeting Date: APR 29, 2011 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2010 2 Approve Capital Budget for Upcoming For For Management Fiscal Year 3 Approve Allocation of Income and For For Management Dividends 4 Elect Directors For For Management -------------------------------------------------------------------------------- HYPERMARCAS S.A Ticker: HYPE3 Security ID: P5230A101 Meeting Date: APR 29, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Partial Spin-Off For For Management 2 Appoint Independent Firm to Appraise For For Management Partial Spin-Off 3 Approve Independent Firm's Appraisal For For Management 4 Approve Reduction in Share Capital For For Management 5 Amend Articles to Reflect Changes in For For Management Capital 6 Approve Agreement to Absorb Brainfarma For For Management and Cosmed 7 Appoint Independent Firm to Appraise For For Management Proposed Absorption 8 Approve Independent Firm's Appraisal For For Management 9 Approve Absorption For For Management 10 Amend Articles to Reflect Changes in For For Management Capital 11 Approve Agreement to Absorb Luper For For Management Industria Farmaceutica 12 Appoint Independent Firm to Appraise For For Management Proposed Absorption 13 Approve Independent Firm's Appraisal For For Management 14 Approve Absorption For For Management 15 Amend Articles Re: Subsidiary Names For For Management 16 Amend Articles Re: Subsidiary Addresses For For Management 17 Amend Articles Re: Business Lines For For Management 18 Amend Articles Re: Business Lines For For Management 19 Amend Articles Re: Competency of For Against Management General Assembly 20 Amend Articles Re: Competency of Board For Against Management 21 Amend Articles Re: Competency of For For Management Executive Committee 22 Consolidate Bylaws For Against Management 23 Amend Minutes of Jan. 24, 2011, EGM For For Management 24 Ratify Items Approved at Jan. 24, 2011, For For Management EGM 25 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- HYPERMARCAS SA Ticker: HYPE3 Security ID: P5230A101 Meeting Date: DEC 30, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Appoint Independent Firm to Appraise For For Management Proposed Acquisition of York SA Industria e Comercio, IPH&C Industria de Produtos de Higiene e Cosmeticos Ltda., DPH Distribuidora de Produtos de Higiene Ltda., and Comercial Maripa Ltda. 2 Approve Appraisals of York, IPH&C, DPH, For For Management and Maripa 3 Ratify Acquisition of 99.136 Percent of For For Management York's Shares 4 Ratify Acquisition of IPH&C, DPH, and For For Management Maripa 5 Approve a Value of BRL 5.31 per Share For For Management to be Paid to Shareholders who Choose to Exercise their Right of Withdrawal for Items 3 and 4 6 Approve Agreement to Absorb Versoix For For Management Participacoes, Ltda. 7 Appoint Independent Firm to Appraise For For Management Proposed Absorption 8 Approve Appraisal For For Management 9 Approve Absorption of Versoix For For Management Participacoes, Ltda. 10 Approve Agreement to Absorb Sapeka - For For Management Industria e Comercio de Fraldas Descartaveis SA 11 Appoint Independent Firm to Appraise For For Management Proposed Absorption 12 Approve Appraisal For For Management 13 Approve Absorption of Sapeka - For For Management Industria e Comercio de Fraldas Descartaveis SA 14 Approve Agreement to Absorb Facilit For For Management Odontologica e Perfumaria Ltda. 15 Appoint Independent Firm to Appraise For For Management Proposed Absorption 16 Approve Appraisal For For Management 17 Approve Absorption of Facilit For For Management Odontologica e Perfumaria Ltda. 18 Approve Agreement to Absorb DPH For For Management 19 Appoint Independent Firm to Appraise For For Management Proposed Absorption 20 Approve Appraisal For For Management 21 Approve Absorption of DPH For For Management 22 Approve Agreement to Absorb Maripa For For Management 23 Appoint Independent Firm to Appraise For For Management Proposed Absorption 24 Approve Appraisal For For Management 25 Approve Absorption of Maripa For For Management 26 Approve Agreement to Absorb York For For Management 27 Appoint Independent Firm to Appraise For For Management Proposed Absorption 28 Approve Appraisal For For Management 29 Approve Absorption of York (i) with For For Management Issuance of New Shares, or (ii) without Issuance of New Shares in the Event that the Company Acquires All Shares of York 30 Amend Articles to Reflect Changes in For For Management Capital in the Event that Shares are Issued, per Item 29 above 31 Amend Article 1 to Eliminate Fictitious For For Management (DBA) Name of "Farmasa" 32 Amend Article 2 to Reflect New For For Management Subsidiaries 33 Consolidate Bylaws For For Management 34 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- HYPERMARCAS SA Ticker: HYPE3 Security ID: P5230A101 Meeting Date: JAN 24, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Appoint Independent Firm to Appraise For For Management Proposed Acquisition of York, IPH&C, DPH, Comercial Maripa Ltda., and Mantecorp Industria Quimica e Farmaceutica 2 Approve Appraisals of York, IPH&C, DPH, For For Management Maripa, and Mantecorp 3 Ratify Acquisition of 99.136 Percent of For For Management York's Shares 4 Ratify Acquisition of IPH&C, DPH, and For For Management Maripa 5 Approve Acquisition of 23.77 Percent of For For Management Shares of Mantecorp Industria Quimica e Farmaceutica SA 6 Approve a Value of BRL 5.31 per Share For For Management to be Paid to Shareholders who Choose to Exercise their Right of Withdrawal 7 Approve Agreement to Absorb York For For Management 8 Appoint Independent Firm to Appraise For For Management Proposed Absorption 9 Approve Appraisal For For Management 10 Approve Absorption of York For For Management 11 Approve Agreement to Absorb Versoix For For Management Participacoes, Ltda. 12 Appoint Independent Firm to Appraise For For Management Proposed Absorption 13 Approve Appraisal For For Management 14 Approve Absorption of Versoix For For Management Participacoes, Ltda. 15 Approve Agreement to Absorb Sapeka - For For Management Industria e Comercio de Fraldas Descartaveis SA 16 Appoint Independent Firm to Appraise For For Management Proposed Absorption 17 Approve Appraisal For For Management 18 Approve Absorption of Sapeka - For For Management Industria e Comercio de Fraldas Descartaveis SA 19 Approve Agreement to Absorb Facilit For For Management Odontologica e Perfumaria Ltda. 20 Appoint Independent Firm to Appraise For For Management Proposed Absorption 21 Approve Appraisal For For Management 22 Approve Absorption of Facilit For For Management Odontologica e Perfumaria Ltda. 23 Approve Agreement to Absorb DPH For For Management 24 Appoint Independent Firm to Appraise For For Management Proposed Absorption 25 Approve Appraisal For For Management 26 Approve Absorption of DPH For For Management 27 Approve Agreement to Absorb Maripa For For Management 28 Appoint Independent Firm to Appraise For For Management Proposed Absorption 29 Approve Appraisal For For Management 30 Approve Absorption of Maripa For For Management 31 Approve Acquisition and Absorption of For For Management 76.23 Percent of Shares of Mantecorp Industria Quimica e Farmaceutica SA 32 Appoint Independent Firm to Appraise For For Management Proposed Merger 33 Approve Independent Firm's Appraisal For For Management 34 Approve Issuance of Shares in For For Management Connection with Mantecorp Merger 35 Amend Articles to Reflect Changes in For For Management Capital 36 Amend Article 1 to Eliminate Fictitious For For Management (DBA) Name of "Farmasa" 37 Amend Article 2 to Reflect New For For Management Subsidiaries 38 Approve Increase in Authorized Capital For For Management 39 Consolidate Bylaws For For Management 40 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- HYPERMARCAS SA Ticker: HYPE3 Security ID: P5230A101 Meeting Date: FEB 28, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Appoint Independent Firm to Appraise For For Management Acquisition of Mabesa do Brasil Participacoes Ltda. 2 Approve Independent Firm's Appraisal For For Management 3 Ratify Acquisition of Mabesa For For Management 4 Approve a Value of BRL 5.31 per Share For For Management to be Paid to Shareholders who Choose to Exercise their Right of Withdrawal 5 Approve Partial Spin-Off of Mantecorp For For Management Industria Quimica e Farmaceutica SA and Absorption of Spun-Off Assets by the Company 6 Appoint Independent Firm to Appraise For For Management Mantecorp IQ's Spun-Off Assets and Mantecorp Logistica 7 Approve Independent Firm's Appraisal For For Management 8 Approve Agreement to Absorb Mantecorp For For Management IQ's Spun-Off Assets, without Issuance of New Shares 9 Approve Agreement to Absorb Mantecorp For For Management Logistica, without Issuance of New Shares 10 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- IBERDROLA S.A. Ticker: IBE Security ID: E6165F166 Meeting Date: MAY 27, 2011 Meeting Type: Annual Record Date: MAY 20, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Individual and Consolidated For For Management Financial Statements for FY 2010 2 Accept Individual and Consolidated For For Management Management Reports for FY 2010 3 Approve Discharge of Directors for FY For For Management 2010 4 Re-elect Ernst & Young SL as Auditors For For Management of Individual and Consolidated Accounts for FY 2011 5 Approve Allocation of Income and For For Management Dividends of EUR 0.03 Per Share 6 Authorize Capital Increase of up to EUR For For Management 1.91 Billion via Capitalization of Reserves, and Amend Article 5 Accordingly 7 Approve 2011-2013 Restricted Sotck Plan For For Management 8 Authorize Issuance of Equity or For For Management Equity-Linked Securities of up to 50 percent, Excluding Preemptive Riqhts of up to 20 Percent 9 Authorize Issuance of Convertible For For Management Bonds/Debentures Including Warrants without Preemptive Rights up to EUR 5 Billion 10 Authorize Issuance of (i) For For Management Bonds/Debentures/Preferred Stock up to Aggregate Nominal Amount of EUR 20 Billion, and (ii) Notes up to EUR 6 Billion 11 Authorize Listing on and Delisting from For For Management Secondary Exchanges of Shares and Other Securities 12 Authorize Board to Create and Fund For For Management Associations and Foundations 13.1 Amend Article 1 Re: include Concept of For For Management Corporate Governance System and Corporate Interest 13.2 Amend Several Articles Re: Technical For For Management and Textual Adjustments 13.3 Amend Several Articles Re: General For For Management Meeting Rules 13.4 Amend Several Articles Re: Technical For For Management and Textual Adjustments on General Meeting Rules 13.5 Amend Several Articles Re: Voting For For Management Rights 13.6 Amend Articles Re: Board and Committees For For Management 13.7 Adopt Restated Bylaws For For Management 14 Amend General Meeting Regulations For For Management 15 Approve Merger by Absorption of For For Management Iberdrola Renovables SA 16 Authorize Board to Ratify and Execute For For Management Approved Resolutions 17 Advisory Vote on Remuneration Report For For Management -------------------------------------------------------------------------------- INDUSTRIA DE DISENO TEXTIL (INDITEX) Ticker: ITX Security ID: E6282J109 Meeting Date: JUL 13, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Individual Financial Statements For For Management and Statutory Reports for Fiscal Year Ended Jan. 31, 2010 2 Approve Consolidated Financial For For Management Statements and Statutory Reports, and Discharge of Directors for Fiscal Year Ended Jan. 31, 2010 3 Approve Allocation of Income and For For Management Dividends 4.1 Re-elect Amancio Ortega Gaona as For For Management Director 4.2 Re-elect Pablo Isla Alvarez de Tejera For For Management as Director 4.3 Re-elect Juan Manuel Urgoiti as For For Management Director 5.1 Elect Nils Smedegaard Andersen as For For Management Director 5.2 Elect Emilio Saracho Rodriguez de For For Management Torres as Director 6 Amend Articles 12, 21, 31 and 32 of For For Management Company Bylaws Re: Preemptive Rights, Constitution of General Meeting, Audit and Contol Committee, and Nomination and Remuneration Committee 7 Amend Article 15 of General Meeting For For Management Regulations 8 Re-elect Auditors For For Management 9 Authorize Repurchase of Shares For For Management 10 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- ITAUSA, INVESTIMENTOS ITAU S.A. Ticker: ITSA4 Security ID: P58711105 Meeting Date: APR 29, 2011 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2010 2 Approve Allocation of Income and For For Management Dividends 3 Elect Board of Directors and Fiscal For For Management Council 4 Approve Remuneration of Executive For Abstain Management Officers, Non-Executive Directors, and Fiscal Council Members -------------------------------------------------------------------------------- MARCOPOLO S.A. Ticker: POMO4 Security ID: P64331112 Meeting Date: MAR 29, 2011 Meeting Type: Annual/Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Amend Article 5 to Reflect Changes in For For Management Capital 2 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2010 3 Approve Allocation of Income and For For Management Dividends 4 Elect Fiscal Council Members and For For Management Approve Their Remuneration 5 Approve Remuneration of Executive For For Management Officers, Non-Executive Directors, and Fiscal Council Members -------------------------------------------------------------------------------- OBRASCON HUARTE LAIN S.A. Ticker: OHL Security ID: E7795C102 Meeting Date: MAY 23, 2011 Meeting Type: Annual Record Date: MAY 16, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Individual and Consolidated For For Management Financial Statements and Statutory Reports for FY 2010 2 Approve Allocation of Income and For For Management Dividends of EUR 0.49 Per Share 3 Approve Discharge of Directors for FY For For Management 2010 4 Re-elect Deloitte SL as Auditors of For For Management Company and Consolidated Group 5 Authorize Share Repurchase For Against Management 6 Re-elect Baltasar Aymerich Corominas as For For Management Director 7 Amend Several Articles of Bylaws to For For Management Comply with Spanish Corporate Enterprises Act and Attribute Duties with Respect to OHL Group's CSR Policy to Audit and Compliance Committee 8 Amend Article 4 of Bylaws Re: Corporate For For Management Purpose 9 Amend Several Articles of General For For Management Meeting Regulations 10 Receive Changes to Board of Directors' None None Management Guidelines 11 Approve Remuneration Policy Report For Against Management 12 Accept Report on Issuance of Bonds or None None Management Debentures 13 Authorize Board to Ratify and Execute For For Management Approved Resolutions 14 Approve Minutes of Meeting For For Management -------------------------------------------------------------------------------- PDG REALTY S.A EMPREENDIMENTOS E PARTICIPACOES Ticker: PDGR3 Security ID: P7649U108 Meeting Date: APR 26, 2011 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2010 2 Designate Newspapers to Publish Company For For Management Announcements 3 Approve Allocation of Income and For For Management Dividends 4 Elect Directors For For Management 5 Approve Remuneration of Executive For Abstain Management Officers, Non-Executive Directors 6 Elect Fiscal Council Members and Their For For Management Alternates -------------------------------------------------------------------------------- PDG REALTY SA EMPREENDIMENTOS E PARTICIPACOES Ticker: PDGR3 Security ID: P7649U108 Meeting Date: NOV 04, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Stock Split For Did Not Vote Management 2 Amend Articles to Reflect Changes in For Did Not Vote Management Capital 3 Authorize Board to Ratify and Execute For Did Not Vote Management Approved Resolutions -------------------------------------------------------------------------------- PETROLEO BRASILEIRO Ticker: PETR4 Security ID: P78331132 Meeting Date: DEC 07, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Agreement to Absorb Marlim For For Management Participacoes S.A. 2 Approve Agreement to Absorb Nova Marlim For For Management Participacoes S.A. 3 Appoint KPMG Auditores Independentes to For For Management Appraise Proposed Merger 4 Approve Appraisal of Proposed Merger For For Management 5 Approve Absorption of Marlim For For Management Participacoes S.A. and Nova Marlim Participacoes S.A. -------------------------------------------------------------------------------- PETROLEO BRASILEIRO SA-PETROBRAS Ticker: PETR4 Security ID: P78331132 Meeting Date: JAN 31, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Agreement to Absorb Comperj For For Management Petroquimicos Basicos SA 2 Approve Agreement to Absorb Comperj PET For For Management SA 3 Appoint Independent Firm to Appraise For For Management Proposed Mergers 4 Approve Independent Firm's Appraisal For For Management 5 Approve Absorption of Comperj For For Management Petroquimicos Basicos SA and Comperj PET SA 6 Amend Articles to Reflect Changes in For For Management Capital 7 Amend Article 4 to Eliminate Authorized For For Management Capital Limit 8 Amend Article 4 to Specify that Share For For Management Issuances Will be Submitted to Shareholder Meetings 9 Renumber Articles For For Management 10 Renumber Articles For For Management 11 Amend Articles For For Management 12 Amend Articles For For Management 13 Amend Articles For For Management -------------------------------------------------------------------------------- PETROLEO BRASILEIRO SA-PETROBRAS Ticker: PETR4 Security ID: P78331132 Meeting Date: APR 04, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Amend Article 20 For For Management 2.1 Approve Agreement to Absorb Companhia For For Management Mexilhao do Brasil 2.2 Appoint KPMG to Appraise Proposed For For Management Absorption 2.3 Approve KPMG's Appraisal For For Management 2.4 Approve Absorption of Companhia For For Management Mexilhao do Brasil 2.5 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- PETROLEO BRASILEIRO SA-PETROBRAS Ticker: PETR4 Security ID: P78331132 Meeting Date: APR 28, 2011 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2010 2 Approve Capital Budget for Upcoming For For Management Fiscal Year 3 Approve Allocation of Income and For For Management Dividends 4 Elect Directors For Abstain Management 5 Elect Board Chairman For For Management 6 Elect Fiscal Council Members For For Management 7 Approve Remuneration of Executive For For Management Officers, Non-Executive Directors, and Fiscal Council Members -------------------------------------------------------------------------------- PETROLEO BRASILEIRO SA-PETROBRAS Ticker: PETR4 Security ID: P78331132 Meeting Date: APR 28, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Authorize Capitalization of Reserves For For Management without Issuance of New Shares -------------------------------------------------------------------------------- PROSEGUR COMPANIA DE SEGURIDAD S.A. Ticker: PSG Security ID: E83453162 Meeting Date: JUN 27, 2011 Meeting Type: Annual Record Date: JUN 20, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Individual and Consolidated For For Management Financial Statements and Statutory Reports, Allocation of Income, and Discharge of Directors for FY 2010 2 Approve Dividends For For Management 3.1 Reelect Pedro Guerrero Guerrero as For For Management Director 3.2 Reelect Eugenio Ruiz-Galvez Priego as For For Management Director 4.1 Amend Article 2 Re: Corporate Purpose For For Management 4.2 Amend Caption of Title II and Article 6 For For Management Re: Regulation on Subscriptions 4.3 Amend Articles 9, 10, and 12 to Adapt For For Management to Provisions of and Change to Reference to Spanish Corporate Enterprises Act Re: Equity-Related 4.4 Amend Articles 14, 15, 17, and 18 Re: For For Management General Meeting 4.5 Amend Articles 21, 27, and 28 to Adapt For For Management to Revised Legislations Re: Board-Related 4.6 Amend Articles 29 and 36 (New Article For For Management 34), and Delete Articles 34 and 35 Re: Annual Accounts, Dissolution and Liquidation, Debt Issuance, Transformation, Merger, and Spin-Off 5 Delete Preamble and Amend Several For For Management Articles of General Meeting Regulations 6 Approve Merger by Absorption of For For Management Prosegur Transportes de Valores SA, Prosegur Servicio Tecnico SL, Prosegur Tecnologia SL, and Prosegur Activa Espana SL by Company; Approve Merger Balance Sheet and Tax Consolidation 7 Authorize Repurchase of Shares For For Management 8 Authorize Increase in Capital via For For Management Issuance of Equity or Equity-Linked Securities without Preemptive Rights 9 Authorize Issuance of Securities For For Management Including Debentures, Bonds, and Warrants Exchangeable and/or Convertible to Shares; Authorize Exclusion of Preemptive Rights 10 Authorize Issuance of Fixed Income For For Management Securities Including Bonds, Debentures, Notes, and Preferred Shares 11 Authorize Board to Ratify and Execute For For Management Approved Resolutions 12 Advisory Vote on Remuneration Policy For For Management Report -------------------------------------------------------------------------------- QGEP PARTICIPAOES S.A Ticker: QGEP3 Security ID: P7920K100 Meeting Date: APR 29, 2011 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2010 2 Approve Allocation of Income and For For Management Dividends -------------------------------------------------------------------------------- QGEP PARTICIPAOES S.A Ticker: QGEP3 Security ID: P7920K100 Meeting Date: APR 29, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Stock Option Plan For For Management 2 Approve Change in Address of For For Management Headquarters and Amend Article 2 Accordingly 3 Approve Remuneration of Executive For For Management Officers, Non-Executive Directors, and Fiscal Council Members -------------------------------------------------------------------------------- REPSOL YPF S.A Ticker: REP Security ID: E8471S130 Meeting Date: APR 14, 2011 Meeting Type: Annual Record Date: APR 07, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Individual and Consolidated For For Management Financial Statements and Statutory Reports, and Allocation of Income for Fiscal Year Ended Dec. 31, 2010 2 Approve Discharge of Directors for For For Management Fiscal Year 2010 3 Reelect Deloitte SL as Auditor For For Management 4 Amend Articles 9, 11, 19, 24, 27, 29, For For Management 32, 39, 44, 50, and 56 of Company Bylaws; Amend Articles 3, 5, 8, 13, 14, and 15 of General Meeting Regulations 5 Amend Article 52 of Company Bylaws Re: For For Management Allocation of Income 6 Amend Articles 40 and 35 of Company For For Management Bylaws Re: Chairman and Vice-Chairman, and Board of Directors' Meeting 7 Reelect Antonio Brufau Niubo as For For Management Director 8 Reelect Luis Fernando del Rivero For For Management Asensio as Director 9 Reelect Juan Abello Gallo as Director For For Management 10 Reelect Luis Carlos Croissier Batista For For Management as Director 11 Reelect Angel Durandez Adeva as For For Management Director 12 Reelect Jose Manuel Loureda Mantinan as For For Management Director 13 Elect Mario Fernandez Pelaz as Director For For Management 14 Approve Share Matching Plan For For Management 15 Approve Payment to Executives and Other For For Management Employees of the Group of Compensation Owed to Them in the Form of Stock in Lieu of Cash 16 Authorize EUR 3 Billion Issuance of For For Management Convertibles including Warrants without Preemptive Rights and EUR 4 Billion Issuance of Convertibles including Warrants with Preemptive Rights; Void Unused Part of Authorization Granted at the AGM Held on June 16, 2006 17 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- SOL MELIA SA Ticker: SOL Security ID: E89049154 Meeting Date: JUN 01, 2011 Meeting Type: Annual/Special Record Date: MAY 25, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Individual and Consolidated For For Management Financial Statements and Statutory Reports for FY 2010 2 Approve Allocation of Income for FY For For Management 2010 3 Approve Discharge of Directors for FY For For Management 2010 4 Ratify Appointment of Luis Maria Diaz For For Management de Bustamante y Terminel as Director 5 Authorize Increase in Capital up to EUR For For Management 18.48 Million Without Preemptive Rights; Void Authorization Granted at 2010 AGM 6 Authorize Issuance of Non-Convertible For For Management and Convertible Debt Securities Without Preemptive Rights; Void Authorization Granted at 2010 AGM 7 Authorize Repurchase of Shares; Void For For Management Unused Authorization Granted at 2010 AGM 8 Amend Article 1 of Bylaws Re: Company For For Management Name 9 Approve Remuneration Report For Against Management 10 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- TECNICAS REUNIDAS S.A Ticker: TRE Security ID: E9055J108 Meeting Date: JUN 22, 2011 Meeting Type: Annual Record Date: JUN 15, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Individual Financial Statements For For Management and Statutory Reports for FY 2010 2 Accept Consolidated Financial For For Management Statements and Statutory Reports for FY 2010 3 Approve Allocation of Income and For For Management Dividends 4 Approve Discharge of Directors For For Management 5 Elect PriceWaterhouseCoopers Auditores For For Management SL as Auditors of Company and Consolidated Group 6 Elect, Reelect, and/or Dismiss For Against Management Directors 7 Amend Several Articles of Bylaws to For For Management Adapt to Spanish Corporate Enterprises Act 8 Amend General Meeting Regulations For For Management 9 Receive Changes to Board of Directors' For For Management Guidelines 10 Authorize Repurchase of Shares; Void For For Management Previous Authorization 11 Authorize the Board to Establish and For For Management Fund Associations or Foundations 12 Fix Maximum Annual Remuneration of For For Management Board of Directors at EUR 3 Million 13 Advisory Vote on Remuneration Policy For Against Management Report 14 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- TECNISA S.A Ticker: TCSA3 Security ID: P9021P103 Meeting Date: APR 28, 2011 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2010 2 Approve Capital Budget for Upcoming For For Management Fiscal Year 3 Approve Allocation of Income and For Against Management Dividends 4 Elect Fiscal Council Members and Their For For Management Alternates 5 Approve Remuneration of Executive For Against Management Officers, Non-Executive Directors, and Fiscal Council Members -------------------------------------------------------------------------------- TECNISA S.A Ticker: TCSA3 Security ID: P9021P103 Meeting Date: MAY 10, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Amend Article 5 to Reflect Changes in For For Management Capital -------------------------------------------------------------------------------- TELEFONICA S.A. Ticker: TEF Security ID: 879382109 Meeting Date: MAY 17, 2011 Meeting Type: Annual Record Date: MAY 10, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Individual and Consolidated For For Management Financial Statements, Statutory Reports, Allocation of Income, and Discharge Directors for FY 2010 2 Approve Dividend Distribution of EUR For For Management 0.77 Per Share Charged to Unrestricted Reserves 3.1 Amend Several Articles of Bylaws to For For Management Adapt to Revised Legislations 3.2 Add New Paragraph 5 to Article 16 of For For Management Bylaws Re: General Meeting 3.3 Add New Article 26 bis to Bylaws Re: For For Management Board-Related 4.1 Amend Several Articles of General For For Management Meeting Regulations to Adapt to Revised Legislations 4.2 Amend Article 14.1 of General Meeting For For Management Regulations 5.1 Re-elect Isidro Faine Casas as Director For Against Management 5.2 Re-elect Vitalino Manuel Nafria Aznar For Against Management as Director 5.3 Re-elect Julio Linares Lopez as For Against Management Director 5.4 Re-elect David Arculus as Director For For Management 5.5 Re-elect Carlos Colomer Casellas as For For Management Director 5.6 Re-elect Peter Erskine as Director For Against Management 5.7 Re-elect Alfonso Ferrari Herrero as For For Management Director 5.8 Re-elect Antonio Massanell Lavilla as For Against Management Director 5.9 Elect Chang Xiaobing as Director For Against Management 6 Authorize Increase in Capital up to 50 For For Management Percent via Issuance of New Shares with Possibility of Total or Partial Exclusion of Preemptive Rights 7 Re-elect Ernst & Young SL as Auditors For For Management of Individual and Consolidated Accounts 8 Approve Long-Term Incentive Plan For For Management Consisting of Delivery of Company Shares to Executive Team Members of Telefonica Group 9 Approve Long-Term Incentive Restricted For For Management Plan Consisting of Delivery of Shares to Employees and Executive Personnel of Telefonica Group 10 Approve Share Matching Plan For For Management 11 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- TUBACEX S.A. COMPANIA ESPANOLA DE TUBOS POR EXTRUSION Ticker: TUB Security ID: E45132136 Meeting Date: MAY 23, 2011 Meeting Type: Annual Record Date: MAY 16, 2011 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Individual and Consolidated For For Management Financial Statements and Statutory Reports for FY 2010, and Discharge of Directors 2 Approve Treatment of Net Loss For For Management 3 Approve Corporate Governance Report of For For Management Consolidated Group 4 Authorize Filing of Required For For Management Documents/Other Formalities -------------------------------------------------------------------------------- ULTRAPAR PARTICIPACOES S.A. Ticker: UGPA4 Security ID: P94396101 Meeting Date: APR 27, 2011 Meeting Type: Annual/Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Amend Article 16 Re: Change Length of For Against Management Term of Administrators 2 Consolidate Bylaws For Against Management 3 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2010 4 Approve Capital Budget for Upcoming For For Management Fiscal Year 5 Approve Allocation of Income For For Management 6 Elect Directors and Approve For For Management Remuneration 7 Re-Ratify Remuneration of Executive For Against Management Officers, Non-Executive Directors, and Fiscal Council Members Approved at AGM on April 28, 2010 8 Elect Fiscal Council Members and For For Management Approve their Remuneration -------------------------------------------------------------------------------- ULTRAPAR PARTICIPACOES S.A. Ticker: UGPA4 Security ID: P94396101 Meeting Date: JUN 28, 2011 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Convert Preferred Shares into Common For For Management Shares 2 Confirm that Tag-Along Rights in For For Management Proposed Draft of Bylaws are Equivalent to Provisions in the March 22, 2000, Controlling Shareholders' Agreement. -------------------------------------------------------------------------------- VALE S.A. Ticker: VALE5 Security ID: P9661Q155 Meeting Date: APR 19, 2011 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2010 2 Approve Allocation of Income and For For Management Dividends and the Capital Budget for Fiscal 2011 3 Elect Directors For For Management 4 Elect Fiscal Council Members For For Management 5 Approve Remuneration of Executive For Abstain Management Officers, Non-Executive Directors, and Fiscal Council Members -------------------------------------------------------------------------------- WAL-MART DE MEXICO S.A.B. DE C.V. Ticker: WALMEXV Security ID: P98180105 Meeting Date: MAR 10, 2011 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Board of Directors Report For For Management 2 Accept CEO's Report For For Management 3 Accept Report of Audit and Corporate For For Management Governance Committees 4 Approve Financial Statements for Fiscal For For Management Year Ended Dec. 31, 2010 5 Present Report on the Share Repurchase For For Management Reserves 6 Approve to Cancel Company Treasury For For Management Shares 7 Amend Clause Five of Company Bylaws For For Management 8 Approve Allocation of Income for Fiscal For For Management Year Ended Dec. 31, 2010 9 Approve Dividend of MXN 0.38 Per Share For For Management and Extraordinary Dividend of MXN 0.17 per Share 10 Accept Report on Adherence to Fiscal For For Management Obligations 11 Accept Report Re: Employee Stock For For Management Purchase Plan 12 Accept Report Re: Wal-Mart de Mexico For For Management Foundation 13 Ratify Board of Directors' Actions For For Management Between Fiscal Year Jan. 1 - Dec. 31, 2010 14 Elect Board Members For For Management 15 Elect Audit and Corporate Governance For For Management Committee Chairs ========== END NPX REPORT 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. Registrant: The Ibero-America Fund, Inc. By: Robert M. Keith* ----------------------- President Date: August 30, 2011 *By: /s/ Emilie D. Wrapp -------------------- Emilie D. Wrapp Secretary