Annual General Meeting:
Templeton Emerging Markets Investment Trust

At the AGM of the Templeton Emerging Markets Investment Trust PLC held on Thursday 12 July 2018, the Portfolio Manager, Chetan Sehgal presented on the outlook for Emerging Markets and TEMIT’s current positioning. Watch highlights of the AGM presentation and answers to Shareholder questions below. A summary transcript and copy of the presentation can be also be found here:


At the Meeting Shareholders voted in favour of all resolutions. Details of the voting can be found below:

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  • Resolution No.Short DescriptionNumber of Proxy Votes Lodged (% of voting capital, including withheld)Number in Favour of Resolution (including votes exercised at the Chairman’s discretion - % of votes cast, excluding withheld)Number Against Resolution (% of votes cast, excluding withheld)Abstentions
    1 “To receive and adopt the Directors’ and Auditor's Reports and Financial Statements for the year ended 31 March 2018” 139,797,879 (52.94%) 139,748,539 (99.99%) 9,614 (0.01%) 39,726
    2 “To approve the Directors’ Remuneration Report for the year ended 31 March 2018” 139,797,879 (52.94%) 139,440,676 (99.84%) 226,361 (0.16%) 130,842
    3 "To declare a dividend of 15.00 pence per share for the year ended 31 March 2018” 139,797,879 (52.94%) 139,763,952 (100.00%) 1,789 (0.00%) 32,138
    4 "To elect Charlie Ricketts as a Director” 139,797,879 (52.94%) 139,608,155 (99.98%) 25,835 (0.02%) 163,889
    5 “To re-elect David Graham as a Director” 139,797,879 (52.94%) 134,266,016 (96.10%) 5,445,761 (3.90%) 86,101
    6 “To re-elect Paul Manduca as a Director” 139,797,879 (52.94%) 131,907,881 (95.27%) 6,551,718 (4.73%) 1,338,279
    7 “To re-elect Beatrice Hollond as a Director” 139,797,879 (52.94%) 130,731,471 (93.58%) 8,972,829 (6.42%) 93,578
    8 “To re-elect Simon Jeffreys as a Director” 139,797,879 (52.94%) 136,094,192 (97.41%) 3,616,611 (2.59%) 87,076
    9 “To re-elect Gregory E Johnson as a Director” 139,797,879 (52.94%) 102,577,310 (73.43%) 37,116,813 (26.57%) 103,755
    10 “To re-appoint Deloitte LLP as auditor of the Company, to act until the conclusion of the next general meeting of the Company at which audited accounts are laid before the members” 139,797,879 (52.94%) 138,195,755 (99.93%) 93,594 (0.07%) 1,508,529
    11 “To authorise the Directors to determine the auditor's remuneration” 139,797,879 (52.94%) 139,725,251 (99.98%) 24,071 (0.02%) 48,557
    12 “To authorise the Directors to allot shares” 139,797,879 (52.94%) 139,634,763 (99.91%) 127,400 (0.09%) 35,716
    13 “To disapply pre-emption rights in relation to the allotment of shares by the Directors” 139,797,879 (52.94%) 139,570,914 (99.89%) 148,384 (0.11%) 78,581
    14 “To authorise the Company to purchase its own shares” 139,797,879 (52.94%) 139,553,103 (99.83%) 235,604 (0.17%) 9,172
    15 “That a General Meeting, other than an Annual General Meeting, may be called on not less than 14 clear days’ notice” 139,797,879 (52.94%) 138,112,363 (98.81%) 1,656,586 (1.19%) 28,930