Proxy Voting Key market participants Market participant Role Description Corporation Core The publicly traded entity that would like to improve proxy voting response rates by implementing a DLT solution Investor Core Anindividual and/or institution that participates in the voting process by receiving proxy statements and casting a vote via phone, mail or online channels Third Party/Intermediaries Supporting Entities that facilitate the proxy voting process, while ensuring that statements are distributed to all beneficial investors Regulator Supporting A monitorwho ensures proxy statements are distributed to all investors and the voting process is completed without any illegal or suspicious activity WORLD ECONOMIC FORUM | 2016 103