The Herzfeld Caribbean Basin Fund Inc.

08/10/2022 | Press release | Distributed by Public on 08/10/2022 15:22

Annual Proxy Voting Report by Investment Company - Form N-PX

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549 FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-06445

The Herzfeld Caribbean Basin Fund, Inc.

(Exact name of registrant as specified in charter)

119 Washington Avenue, Suite 504, Miami Beach, FL33139
(Address of principal executive offices) (Zip code)

_______________________________________________

(Name and address of agent for service)

Registrant's telephone number, including area code: 305-777-1660

Date of fiscal year end: 6/30

Date of reporting period: July 1, 2021 - June 30, 2022

Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (ss.ss. 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant's proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. ss. 3507.

SEC 2451 (4-03) Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Vote Summary
FOMENTO ECONOMICO MEXICANO S.A.B. DE CV
Security 344419106 Meeting Type Special
Ticker Symbol FMX Meeting Date 15-Jul-2021
ISIN US3444191064 Agenda 935466638 - Management
Item Proposal Proposed
by
Vote For/ Against Management
I Proposal, discussion and, if applicable, resolution on the modification of the Company's corporate purpose and consequently, to Article 2 of its By-laws. Management For For
II Proposal, discussion and, if applicable, resolution on the modification of the manner in which the Board of Directors of the
Company is installed and how its resolutions are approved and consequently, to Article 28 of its By-laws.
Management For For
III Appointment of delegates for the formalization of the resolutions adopted by the Meeting. Management For For
IV Reading and, if applicable, approval of the Meeting's minutes. Management For For
BRISTOW GROUP INC.
Security 11040G103 Meeting Type Annual
Ticker Symbol VTOL Meeting Date 03-Aug-2021
ISIN US11040G1031 Agenda 935465270 - Management
Item Proposal Proposed
by
Vote For/ Against Management
1. DIRECTOR Management
1 Christopher S. Bradshaw Withheld Against
2 Lorin L. Brass Withheld Against
3 Charles Fabrikant Withheld Against
4 Wesley E. Kern Withheld Against
5 Robert J. Manzo Withheld Against
6 G. Mark Mickelson Withheld Against
7 General M. Miller, Ret. Withheld Against
8 Christopher Pucillo Withheld Against
9 Brian D. Truelove Withheld Against
2. Advisory Vote to Approve Named Executive Officer Compensation. Management Against Against
3. Approval of the 2021 Equity Incentive Plan. Management Against Against
4. Ratification of KPMG LLP as the Company's Independent Auditors for the Fiscal Year Ending March 31, 2022. Management Against Against
A U.S. CITIZENSHIP: Please mark "YES" if the stock owned of record or beneficially by you is owned and controlled ONLY by U.S. citizens (as defined in the proxy statement), or mark "NO" if such stock is owned or controlled by any person who is NOT a U.S. citizen. Management For For
SPANISH BROADCASTING SYSTEM, INC.
Security 846425833 Meeting Type Annual
Ticker Symbol SBSAA Meeting Date 10-Nov-2021
ISIN US8464258339 Agenda 935500480 - Management
Item Proposal Proposed
by
Vote For/ Against Management
1. DIRECTOR Management
1 Raúl Alarcón Withheld Against
2 Joseph A. García Withheld Against
3 Manuel E. Machado Withheld Against
4 Jason L. Shrinsky Withheld Against
5 José A. Villamil Withheld Against
6 Mitchell A. Yelen Withheld Against
SIDERURGICA VENEZOLANA SIVENSA, S.A.
Security 825865702 Meeting Type Annual
Ticker Symbol SDNWY Meeting Date 03-Dec-2021
ISIN US8258657027 Agenda 935521890 - Management
Item Proposal Proposed
by
Vote For/ Against Management
1. To consider and resolve, in view of the Reports of the Internal Comptrollers, about the financial statements submitted by the
Board of Directors corresponding to the fiscal year ended on September 30, 2021, as well as to consider and resolve about the
Report of the Board of Directors.
Management For For
2. To consider and resolve about the appointment of the Principal and Alternate Members of the Board of Directors. Management For For
3. To consider and resolve about the appointment of the Principal Internal Comptrollers and their respective Alternates, as well as their annual compensation. Management For For
4. To consider and resolve about the appointment of the Principal and Alternate Judicial Representatives. Management For For
5. To Consider and resolve about the increase of the Company's Share Capital, based on the proposal presented by the Board of
Directors, subject to the approval of the National Securities Superintendency, and if approved, to amend Article Four (Capital
and Shares) of the Company Articles of Incorporation - Bylaws.
Management For For
6. If the previous matter is approved, to consider and resolve about merging the Company Articles of Incorporation - Bylaws in a single text, incorporating the aforementioned amendment. Management For For
CEMEX, S.A.B. DE C.V.
Security 151290889 Meeting Type Annual
Ticker Symbol CX Meeting Date 24-Mar-2022
ISIN US1512908898 Agenda 935560462 - Management
Item Proposal Proposed
by
Vote For/ Against Management
1 PRESENTATION OF THE CHIEF EXECUTIVE OFFICER'S REPORT, INCLUDING CEMEX'S FINANCIAL STATEMENTS, RESULTS OF OPERATIONS, REPORT OF CASH FLOW AND VARIATIONS OF CAPITAL STOCK, AND PRESENTATION OF THE BOARD OF DIRECTORS' REPORT, FOR THE FISCAL YEAR 2021, AS REQUIRED BY THE MEXICAN SECURITIES MARKET
LAW (LEY DEL MERCADO DE VALORES); AND, AFTER HEARING THE OPINION OF THE BOARD OF DIRECTORS AS TO THE REPORTS BY THE CHIEF EXECUTIVE OFFICER, BY
THE AUDIT, CORPORATE PRACTICES AND FINANCE, AND SUSTAINABILITY ..(Due to space limits, see proxy material for
full proposal)
Management For For
2 PROPOSAL OF ALLOCATION OF PROFITS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2021. Management For For
3 PROPOSAL TO DETERMINE THE AMOUNT OF THE RESERVE FOR THE ACQUISITION OF CEMEX'S SHARES OR OTHER INSTRUMENTS REPRESENTING SUCH SHARES. Management For For
4AA APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Rogelio Zambrano
Lozano (Chairman)
Management Abstain Against
4AB APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Fernando A. González Olivieri Management Abstain Against
4AC APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF TH BOARD OF DIRECTOR: Marcelo Zambrano Lozano Management Abstain Against
4AD APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Armando J. García Segovia Management Abstain Against
4AE APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Rodolfo García Muriel Management Abstain Against
4AF APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Francisco Javier Fernández Carbajal Management Abstain Against
4AG APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Armando Garza Sada Management Abstain Against
4AH APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: David Martínez Guzmán Management Abstain Against
4AI APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Everardo Elizondo Almaguer Management Abstain Against
4AJ APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Ramiro Gerardo Villarreal Morales Management Abstain Against
4AK APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Gabriel Jaramillo Sanint Management Abstain Against
4AL APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Isabel María Aguilera Navarro Management Abstain Against
4B Members of Audit Committee; Corporate Practices and Finance Committee; Sustainability Committee; and Secretary and Alternate Secretary of the Board of Directors, Audit Committee, Corporate Practices and Finance Committee and Sustainability Committee. Management Abstain Against
5 COMPENSATION OF THE MEMBERS OF THE BOARD OF DIRECTORS AND OF THE AUDIT, CORPORATE PRACTICES AND FINANCE, AND SUSTAINABILITY COMMITTEES. Management For For
6 APPOINTMENT OF DELEGATE(S) RESPONSIBLE FOR FORMALIZING THE RESOLUTIONS ADOPTED AT THE MEETING. Management For For
E1 PROPOSAL TO SPECIFY CEMEX'S CORPORATE PURPOSE AND THE ACTIVITIES THAT CEMEX MAY PERFORM IN ORDER TO FULFILL ITS CORPORATE PURPOSE, CONSEQUENTLY AMENDING ARTICLE 2 OF CEMEX'S BY-LAWS; AND, IN THE EVENT OF APPROVAL, THE AUTHORIZATION TO PROCEED WITH THE CERTIFICATION OF THE RESTATED BY-LAWS. Management For For
E2 APPOINTMENT OF DELEGATE(S) RESPONSIBLE FOR FORMALIZING THE RESOLUTIONS ADOPTED AT THE MEETING. Management For For
CARNIVAL CORPORATION
Security 143658300 Meeting Type Annual
Ticker Symbol CCL Meeting Date 08-Apr-2022
ISIN PA1436583006 Agenda 935551160 - Management
Item Proposal Proposed by Vote For/ Against Management
1. To re-elect Micky Arison as a Director of Carnival Corporation and as a Director of Carnival plc. Management For For
2. To re-elect Sir Jonathon Band as a Director of Carnival Corporation and as a Director of Carnival plc. Management For For
3. To re-elect Jason Glen Cahilly as a Director of Carnival Corporation and as a Director of Carnival plc. Management For For
4. To re-elect Helen Deeble as a Director of Carnival Corporation and as a Director of Carnival plc. Management Against Against
5. To re-elect Arnold W. Donald as a Director of Carnival Corporation and as a Director of Carnival plc. Management For For
6. To re-elect Jeffery J. Gearhart as a Director of Carnival Corporation and as a Director of Carnival plc. Management For For
7. To re-elect Richard J. Glasier as a Director of Carnival Corporation and as a Director of Carnival plc. Management Against Against
8. To re-elect Katie Lahey as a Director of Carnival Corporation and as a Director of Carnival plc. Management For For
9. To re-elect Sir John Parker as a Director of Carnival Corporation and as a Director of Carnival plc. Management For For
10. To re-elect Stuart Subotnick as a Director of Carnival Corporation and as a Director of Carnival plc. Management For For
11. To re-elect Laura Weil as a Director of Carnival Corporation and as a Director of Carnival plc. Management Against Against
12. To re-elect Randall J. Weisenburger as a Director of Carnival Corporation and as a Director of Carnival plc. Management Against Against
13. To hold a (non-binding) advisory vote to approve executive compensation (in accordance with legal requirements applicable to U.S. companies). Management Against Against
14. To hold a (non-binding) advisory vote to approve the Carnival plc Directors' Remuneration Report (in accordance with legal requirements applicable to UK companies). Management For For
15. To re-appoint the UK firm of PricewaterhouseCoopers LLP as independent auditors of Carnival plc and to ratify the selection of the U.S. firm of PricewaterhouseCoopers LLP as the independent registered public accounting firm of Carnival Corporation. Management For For
16. To authorize the Audit Committee of Carnival plc to determine the remuneration of the independent auditors of Carnival plc (in accordance with legal requirements applicable to UK companies) Management For For
17. To receive the UK accounts and reports of the Directors and auditors of Carnival plc for the year ended November 30, 2021 (in accordance with legal requirements applicable to UK companies). Management For For
18. To approve the giving of authority for the allotment of new shares by Carnival plc (in accordance with customary practice for UK companies). Management Against Against
19. To approve the disapplication of pre- emption rights in relation to the allotment of new shares by Carnival plc (in accordance with customary practice for UK companies). Management For For
20. To approve a general authority for Carnival plc to buy back Carnival plc ordinary shares in the open market (in accordance with legal requirements applicable to UK companies desiring to implement share buy back programs). Management For For
FOMENTO ECONOMICO MEXICANO S.A.B. DE CV
Security 344419106 Meeting Type Annual
Ticker Symbol FMX Meeting Date 08-Apr-2022
ISIN US3444191064 Agenda 935569143 - Management
Item Proposal Proposed by Vote For/ Against Management
1. Report of the chief executive officer of the Company, which ...(due to space limits, see proxy material for full proposal). Management Against Against
2. Application of the results for the 2021 fiscal year of the Company, which will include a dividend declaration and payment in cash, in Mexican pesos. Management For For
3. Determination of the maximum amount to be allocated for the Company's stock repurchase fund kept pursuant to article 56 subsection IV of the Law. Management For For
4A. Election of the member of the Board of Directors (Series'B'): José Antonio Fernández Carbajal Management Against Against
4B. Election of the member of the Board of Directors (Series'B'): Francisco Javier Fernández Carbajal Management Against Against
4C. Election of the member of the Board of Directors (Series'B'): Eva María Garza Lagüera Gonda Management Against Against
4D. Election of the member of the Board of Directors (Series'B'): Mariana Garza Lagüera Gonda Management Against Against
4E. Election of the member of the Board of Directors (Series'B'): José Fernando Calderón Rojas Management Against Against
4F. Election of the member of the Board of Directors (Series'B'): Alfonso Garza Garza Management Against Against
4G. Election of the member of the Board of Directors (Series'B'): Bertha Paula Michel González Management Against Against
4H. Election of the member of the Board of Directors (Series'B'): Alejandro Bailléres Gual Management Against Against
4I. Election of the member of the Board of Directors (Series'B'): Ricardo Guajardo Touché Management Against Against
4J. Election of the member of the Board of Directors (Series'B'): Paulina Garza Lagüera Gonda Management Against Against
4K. Election of the member of the Board of Directors (Series'B'): Robert Edwin Denham Management Against Against
4L. Election of the member of the Board of Directors (Series'B'): Michael Larson Management Against Against
4M. Election of the member of the Board of Directors (Series'D'): Ricardo E. Saldívar Escajadillo Management Against Against
4N. Election of the member of the Board of Directors (Series'D'): Alfonso González Migoya Management Against Against
4O. Election of the member of the Board of Directors (Series'D'): Enrique F. Senior Hernandez Management Against Against
4P. Election of the member of the Board of Directors (Series'D'): Víctor Alberto Tiburcio Celorio Management Against Against
4Q. Election of the member of the Board of Directors (Series'D'): Jaime A. El Koury Management Against Against
4R. Election of the member of the Board of Alternate Directors (Series'D'): Michael Kahn Management Against Against
4S. Election of the member of the Board of Alternate Directors (Series'D'): Francisco Zambrano Rodríguez Management Against Against
5. Resolution with respect to the remuneration of the members of ..Due to space limits, see proxy material for full proposal. Management For For
6. Election of members of the following Committees of the Company: (i) Operations and Strategy, (ii) Audit, and (iii) Corporate Practices and Nominations; appointment of each of their respective chairman, and resolution with respect to their remuneration. Management For For
7. Appointment of delegates for the formalization of the Meeting's resolutions. Management For For
8. Reading and, if applicable, approval of the Meeting's minute. Management For For
LENNAR CORPORATION
Security 526057104 Meeting Type Annual
Ticker Symbol LEN Meeting Date 12-Apr-2022
ISIN US5260571048 Agenda 935554774 - Management
Item Proposal Proposed by Vote For/ Against Management
1A. Election of Director to serve until the 2023 Annual Meeting: Amy Banse Management For For
1B. Election of Director to serve until the 2023 Annual Meeting: Rick Beckwitt Management For For
1C. Election of Director to serve until the 2023 Annual Meeting: Steven L. Gerard Management Against Against
1D. Election of Director to serve until the 2023 Annual Meeting: Tig Gilliam Management Against Against
1E. Election of Director to serve until the 2023 Annual Meeting: Sherrill W. Hudson Management Against Against
1F. Election of Director to serve until the 2023 Annual Meeting: Jonathan M. Jaffe Management For For
1G. Election of Director to serve until the 2023 Annual Meeting: Sidney Lapidus Management For For
1H. Election of Director to serve until the 2023 Annual Meeting: Teri P. McClure Management Against Against
1I. Election of Director to serve until the 2023 Annual Meeting: Stuart Miller Management For For
1J. Election of Director to serve until the 2023 Annual Meeting: Armando Olivera Management For For
1K. Election of Director to serve until the 2023 Annual Meeting: Jeffrey Sonnenfeld Management For For
2. Approval, on an advisory basis, of the compensation of our named executive officers. Management Against Against
3. Ratification of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for our fiscal year ending November 30, 2022. Management For For
4. Approval of the Lennar Corporation 2016 Equity Incentive Plan, as Amended and Restated. Management Against Against
5. Approval of a stockholder proposal to reduce the common stock ownership threshold to call a special meeting. Shareholder For Against
GRUPO AEROPORTUARIO DEL SURESTE SA DE CV
Security 40051E202 Meeting Type Annual
Ticker Symbol ASR Meeting Date 20-Apr-2022
ISIN US40051E2028 Agenda 935586428 - Management
Item Proposal Proposed by Vote For/ Against Management
1A Report of the Chief Executive Officer, in accordance with Article 172 of the General Corporations Law and of Article 44, subsection XI, of the Securities Market Law ("Ley del Mercado de Valores"), accompanied by the independent auditor's report, in connection with the operations and results for the fiscal year ended the 31st of December 2021, as well as the Board of Directors' opinion of the content of such report. Management For For
1B Report of the Board of Directors in accordance with Article 172, subsection b, of the General Corporations Law, which contains the main policies, as well as the accounting and reporting criteria followed in the preparation of the financial information of the Company. Management For For
1C Report of the activities and operations in which the Board of Directors intervened, in accordance with Article 28 IV (e) of the Securities Market Law. Management For For
1D Individual and consolidated financial statements of the Company for the fiscal year ended December 31, 2021. Management For For
1E Annual report on the activities carried out by the Audit Committee of the Company in accordance with Article 43 of the Securities Market Law and report on the Company's subsidiaries. Management For For
1F Report on compliance with the tax obligations of the Company for the fiscal year ended December 31, 2020, in accordance with Article 76, section XIX of the Income Tax Law ("Ley del Impuesto sobre la Renta"). Management For For
2A Proposal for increase of the legal reserve by Ps. 295,856,740.47. Management For For
2B. Proposal by the Board of Directors to pay an ordinary net dividend in cash from accumulated retained earnings in the amount of $9.03 (nine pesos and three cents, Mexican legal tender) and an extraordinary net dividend in cash from accumulated retained earnings in the amount of $6.00 (six pesos and zero cents, Mexican legal tender) for each of the ordinary "B" and "BB" Series shares. Management For For
2C Proposal and, if applicable, approval of the amount of Ps. 1,112,278,069.01 as the maximum amount that may be used by the Company to repurchase its shares in 2022 pursuant to Article 56 of the Securities Market Law; proposal and, if applicable, approval of the provisions and policies regarding the repurchase of Company shares. Management For For
3A Administration by the Board of Directors and the Chief Executive Officer for the fiscal year of 2021. Management For For
3BA Appointment of Director: Fernando Chico Pardo (President) Management Against Against
3BB Appointment of Director: José Antonio Pérez Antón Management Against Against
3BC Appointment of Director: Pablo Chico Hernández Management Against Against
3BD Appointment of Director: Aurelio Pérez Alonso Management Against Against
3BE Appointment of Director: Rasmus Christiansen Management Against Against
3BF Appointment of Director: Francisco Garza Zambrano Management Against Against
3BG Appointment of Director: Ricardo Guajardo Touché Management Against Against
3BH Appointment of Director: Guillermo Ortiz Martínez Management Against Against
3BI Appointment of Director: Bárbara Garza Lagüera Gonda Management Against Against
3BJ Appointment of Director: Heliane Steden Management Against Against
3BK Appointment of Director: Diana M. Chavez Management Against Against
3BL Appointment of Director: Rafael Robles Miaja (Secretary) Management For For
3BM Appointment of Director: Ana María Poblanno Chanona (Deputy Secretary) Management For For
3CA Appointment or ratification, as applicable, of the Chairperson of the Audit Committee: Ricardo Guajardo Touché Management Against Against
3DA Appointment or ratification, as applicable, of the persons who serve or will serve on the Nominations and Compensations Committee of the Company: Bárbara Garza Lagüera Gonda (President) Management Against Against
3DB Appointment or ratification, as applicable, of the persons who serve or will serve on the Nominations and Compensations Committee of the Company: Fernando Chico Pardo Management Against Against
3DC Appointment or ratification, as applicable, of the persons who serve or will serve on the Nominations and Compensations Committee of the Company: José Antonio Pérez Antón Management Against Against
3EA Determination of corresponding compensations of Board of Directors: Ps. 77,600.00(net of taxes in Mexican legal tender) Management For For
3EB Determination of corresponding compensations of Operations Committee: Ps. 77,600.00(net of taxes in Mexican legal tender) Management For For
3EC Determination of corresponding compensations of Nominations & Compensations Committee: Ps. 77,600.00(net of taxes in Mexican legal tender) Management For For
3ED Determination of corresponding compensations of Audit Committee: Ps. 110,000.00(net of taxes in Mexican legal tender) Management For For
3EE Determination of corresponding compensations of Acquisitions & Contracts Committee: Ps. 25,900.00(net of taxes in Mexican legal tender) Management For For
4A Appointment of delegates in order to enact the resolutions adopted at the Meeting and, if applicable, to formalize such resolutions: Claudio R. Góngora Morales Management For For
4B Appointment of delegates in order to enact the resolutions adopted at the Meeting and, if applicable, to formalize such resolutions: Rafael Robles Miaja Management For For
4C Appointment of delegates in order to enact the resolutions adopted at the Meeting and, if applicable, to formalize such resolutions: Ana María Poblanno Chanona Management For For
AMERICA MOVIL, S.A.B. DE C.V.
Security 02364W105 Meeting Type Special
Ticker Symbol AMX Meeting Date 20-Apr-2022
ISIN US02364W1053 Agenda 935595516 - Management
Item Proposal Proposed by Vote For/ Against Management
IA Appointment or, as the case may be, ratification of the following person as members of the Board of Directors of the Company that the holders of Series "L" shares are entitled to appoint: Pablo Roberto González Guajardo. Adoption of resolutions thereon. Management Against Against
IB Appointment or, as the case may be, ratification of the following person as members of the Board of Directors of the Company that the holders of Series "L" shares are entitled to appoint: Claudia Jañez Sánchez. Adoption of resolutions thereon. Management Against Against
II Appointment of delegates to execute and, if applicable, formalize the resolutions adopted by the meeting. Adoption of resolutions thereon. Management For For
AMERICA MOVIL, S.A.B. DE C.V.
Security 02364W105 Meeting Type Special
Ticker Symbol AMX Meeting Date 20-Apr-2022
ISIN US02364W1053 Agenda 935608856 - Management
Item Proposal Proposed by Vote For/ Against Management
IA Appointment or, as the case may be, ratification of the following person as members of the Board of Directors of the Company that the holders of Series "L" shares are entitled to appoint: Pablo Roberto González Guajardo. Adoption of resolutions thereon. Management Against Against
IB Appointment or, as the case may be, ratification of the following person as members of the Board of Directors of the Company that the holders of Series "L" shares are entitled to appoint: Claudia Jañez Sánchez. Adoption of resolutions thereon. Management Against Against
II Appointment of delegates to execute and, if applicable, formalize the resolutions adopted by the meeting. Adoption of resolutions thereon. Management For For
SEABOARD CORPORATION
Security 811543107 Meeting Type Annual
Ticker Symbol SEB Meeting Date 25-Apr-2022
ISIN US8115431079 Agenda 935564333 - Management
Item Proposal Proposed by Vote For/ Against Management
1. DIRECTOR Management
1 Ellen S. Bresky Withheld Against
2 David A. Adamsen Withheld Against
3 Douglas W. Baena Withheld Against
4 Paul M. Squires Withheld Against
5 Frances B. Shifman Withheld Against
2. Ratify the appointment of KPMG LLP as independent auditors of the Company. Management For For
BANCO LATINOAMERICANO DE COMERCIO EXT.
Security P16994132 Meeting Type Annual
Ticker Symbol BLX Meeting Date 27-Apr-2022
ISIN PAP169941328 Agenda 935576910 - Management
Item Proposal Proposed by Vote For/ Against Management
1. To approve the Bank's audited consolidated financial statements for the fiscal year ended December 31, 2021. Management For For
2. To ratify the appointment of KPMG as the Bank's independent registered public accounting firm for the fiscal year ending December 31, 2022. Management For For
3A. Election of Director: Ricardo Manuel Arango Management For For
3B. Election of Director: Roland Holst Management For For
3C. Election of Director: Lorenza Martinez Management For For
4. To approve, on an advisory basis, the compensation of the Bank's executive officers. Management For For
CARIBBEAN UTILITIES COMPANY, LTD.
Security G1899E146 Meeting Type Annual and Special Meeting
Ticker Symbol CUPUF Meeting Date 10-May-2022
ISIN KYG1899E1465 Agenda 935577962 - Management
Item Proposal Proposed by Vote For/ Against Management
1 DIRECTOR Management
1 Jennifer P. Dilbert For For
2 Sheree L. Ebanks For For
3 Woodrow S. Foster For For
4 Jennifer Frizzelle For For
5 Susan M. Gray For For
6 Sophia Harris For For
7 R. Scott Hawkes For For
8 J. F. Richard Hew For For
9 Gretchen Holloway For For
10 Mark Macfee For For
11 Gary J. Smith For For
2 Appointment of Deloitte LLP as Auditors Management For For
3 Resolution to approve the amendment of the Articles Management For For
POPULAR, INC.
Security 733174700 Meeting Type Annual
Ticker Symbol BPOP Meeting Date 12-May-2022
ISIN PR7331747001 Agenda 935575007 - Management
Item Proposal Proposed by Vote For/ Against Management
1A) Election of Class 1 Director for a one year term: Alejandro M. Ballester Management For For
1B) Election of Class 1 Director for a one year term: Richard L. Carrión Management For For
1C) Election of Class 1 Director for a one year term: Betty DeVita Management For For
1D) Election of Class 1 Director for a one year term: Carlos A. Unanue Management For For
1E) Election of Class 2 Director for a one year term: Joaquín E. Bacardí, III Management For For
1F) Election of Class 2 Director for a one year term: Robert Carrady Management For For
1G) Election of Class 2 Director for a one year term: John W. Diercksen Management For For
1H) Election of Class 2 Director for a one year term: Myrna M. Soto Management For For
1I) Election of Class 3 Director for a one year term: José R. Rodríguez Management For For
2) Approve, on an advisory basis, the Corporation's executive compensation. Management For For
3) Ratify the appointment of PricewaterhouseCoopers LLP as Popular, Inc.'s independent registered public accounting firm for 2022. Management For For
MARTIN MARIETTA MATERIALS, INC.
Security 573284106 Meeting Type Annual
Ticker Symbol MLM Meeting Date 12-May-2022
ISIN US5732841060 Agenda 935620799 - Management
Item Proposal Proposed by Vote For/ Against Management
1a. Election of Director: Dorothy M. Ables Management For For
1b. Election of Director: Sue W. Cole Management For For
1c. Election of Director: Smith W. Davis Management For For
1d. Election of Director: Anthony R. Foxx Management For For
1e. Election of Director: John J. Koraleski Management For For
1f. Election of Director: C. Howard Nye Management Against Against
1g. Election of Director: Laree E. Perez Management For For
1h. Election of Director: Thomas H. Pike Management For For
1i. Election of Director: Michael J. Quillen Management For For
1j. Election of Director: Donald W. Slager Management For For
1k. Election of Director: David C. Wajsgras Management For For
2. Ratification of appointment of PricewaterhouseCoopers as independent auditors. Management For For
3. Approval, by a non-binding advisory vote, of the compensation of Martin Marietta Materials, Inc.'s named executive officers. Management Against Against
VULCAN MATERIALS COMPANY
Security 929160109 Meeting Type Annual
Ticker Symbol VMC Meeting Date 13-May-2022
ISIN US9291601097 Agenda 935571491 - Management
Item Proposal Proposed by Vote For/ Against Management
1A. Election of Director: Kathleen L. Quirk Management Against Against
1B. Election of Director: David P. Steiner Management Against Against
1C. Election of Director: Lee J. Styslinger, III Management Against Against
2. Approval, on an advisory basis, of the compensation of our named executive officers. Management For For
3. Ratification of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for 2022. Management For For
MARRIOTT VACATIONS WORLDWIDE CORPORATION
Security 57164Y107 Meeting Type Annual
Ticker Symbol VAC Meeting Date 13-May-2022
ISIN US57164Y1073 Agenda 935577885 - Management
Item Proposal Proposed by Vote For/ Against Management
1. DIRECTOR Management
1 Raymond L. Gellein, Jr. Withheld Against
2 Dianna F. Morgan Withheld Against
3 Jonice Gray Tucker For For
2. Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for its 2022 fiscal year. Management For For
3. Advisory vote to approve named executive officer compensation. Management Against Against
NEXTERA ENERGY, INC.
Security 65339F101 Meeting Type Annual
Ticker Symbol NEE Meeting Date 19-May-2022
ISIN US65339F1012 Agenda 935583092 - Management
Item Proposal Proposed by Vote For/ Against Management
1A. Election of Director: Sherry S. Barrat Management Against Against
1B. Election of Director: James L. Camaren Management Against Against
1C. Election of Director: Kenneth B. Dunn Management For For
1D. Election of Director: Naren K. Gursahaney Management For For
1E. Election of Director: Kirk S. Hachigian Management Against Against
1F. Election of Director: John W. Ketchum Management For For
1G. Election of Director: Amy B. Lane Management Against Against
1H. Election of Director: David L. Porges Management For For
1I. Election of Director: James L. Robo Management For For
1J. Election of Director: Rudy E. Schupp Management For For
1K. Election of Director: John L. Skolds Management For For
1L. Election of Director: John Arthur Stall Management For For
1M. Election of Director: Darryl L. Wilson Management Against Against
2. Ratification of appointment of Deloitte & Touche LLP as NextEra Energy's independent registered public accounting firm for 2022 Management For For
3. Approval, by non-binding advisory vote, of NextEra Energy's compensation of its named executive officers as disclosed in the proxy statement Management Against Against
4. A proposal entitled "Board Matrix" to request disclosure of a Board skills matrix Shareholder For Against
5. A proposal entitled "Diversity Data Reporting" to request quantitative employee diversity data Shareholder For Against
MASTEC, INC.
Security 576323109 Meeting Type Annual
Ticker Symbol MTZ Meeting Date 19-May-2022
ISIN US5763231090 Agenda 935587658 - Management
Item Proposal Proposed by Vote For/ Against Management
1. DIRECTOR Management
1 C. Robert Campbell For For
2 Robert J. Dwyer For For
3 Ava L. Parker For For
2. Ratification of the appointment of BDO USA, LLP as our independent registered public accounting firm for 2022. Management For For
3. Approval of a non-binding advisory resolution regarding the compensation of our named executive officers. Management For For
EVERTEC, INC.
Security 30040P103 Meeting Type Annual
Ticker Symbol EVTC Meeting Date 20-May-2022
ISIN PR30040P1032 Agenda 935585060 - Management
Item Proposal Proposed by Vote For/ Against Management
1A. Election of director: Frank G. D'Angelo Management For For
1B. Election of director: Morgan M. Schuessler, Jr. Management For For
1C. Election of director: Kelly Barrett Management For For
1D. Election of director: Olga Botero Management For For
1E. Election of director: Jorge A. Junquera Management Withheld Against
1F. Election of director: Iván Pagán Management For For
1G. Election of director: Aldo J. Polak Management Withheld Against
1H. Election of director: Alan H. Schumacher Management Withheld Against
1I. Election of director: Brian J. Smith Management Withheld Against
2. Advisory Vote on Executive Compensation. Management For For
3. Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm. Management For For
4. Approval of the Evertec, Inc. 2022 Equity Incentive Plan. Management For For
FIRST BANCORP
Security 318672706 Meeting Type Annual
Ticker Symbol FBP Meeting Date 20-May-2022
ISIN PR3186727065 Agenda 935591429 - Management
Item Proposal Proposed by Vote For/ Against Management
1A. Election of Director: Juan Acosta Reboyras Management For For
1B. Election of Director: Aurelio Alemàn Management For For
1C. Election of Director: Luz A. Crespo Management For For
1D. Election of Director: Tracey Dedrick Management For For
1E. Election of Director: Patricia M. Eaves Management For For
1F. Election of Director: Daniel E. Frye Management For For
1G. Election of Director: John A. Heffern Management For For
1H. Election of Director: Roberto R. Herencia Management For For
1I. Election of Director: Félix M. Villamil Management For For
2. To approve on a non-binding basis the 2021 compensation of First BanCorp's named executive officers. Management For For
3. To ratify the appointment of Crowe LLP as our independent registered public accounting firm for our 2022 fiscal year. Management For For
CONSOLIDATED WATER CO. LTD.
Security G23773107 Meeting Type Annual
Ticker Symbol CWCO Meeting Date 23-May-2022
ISIN KYG237731073 Agenda 935602020 - Management
Item Proposal Proposed by Vote For/ Against Management
1. DIRECTOR Management
1 Linda Beidler-D'Aguilar For For
2 Brian E. Butler Withheld Against
2. The approval of a Special Resolution, attached as Exhibit A to the Proxy Statement, adopting amendments to the Company's Memorandum of Association to: (a) update references therein from The Companies Law (1998 Revision) to The Companies Act (Revised); and (b) add the postal code for the Company's registered office. Management For For
3. The approval of a Special Resolution, attached as Exhibit B to the Proxy Statement, adopting amendments to the Company's Articles of Association. Management For For
4. The approval of a Special Resolution, attached as Exhibit C to the Proxy Statement, that directors elected as Group I, Group II or Group III directors of the Company shall be re-designated as directors of the Company. Management For For
5. The approval of a Special Resolution, attached as Exhibit D to the Proxy Statement, adopting an Amended and Restated Memorandum of Association and an Amended and Restated Articles of Association of the Company incorporating any and all amendments approved by Special Resolution in Proposals 2 - 3. Management For For
6. An advisory vote on executive compensation. Management For For
7. The ratification of the selection of Marcum LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2022, at the remuneration to be determined by the Audit Committee of the Board of Directors. Management For For
ROYAL CARIBBEAN CRUISES LTD.
Security V7780T103 Meeting Type Annual
Ticker Symbol RCL Meeting Date 02-Jun-2022
ISIN LR0008862868 Agenda 935615445 - Management
Item Proposal Proposed by Vote For/ Against Management
1a. Election of Director: John F. Brock Management Against Against
1b. Election of Director: Richard D. Fain Management Against Against
1c. Election of Director: Stephen R. Howe, Jr. Management Against Against
1d. Election of Director: William L. Kimsey Management Against Against
1e. Election of Director: Michael O. Leavitt Management For For
1f. Election of Director: Jason T. Liberty Management For For
1g. Election of Director: Amy McPherson Management For For
1h. Election of Director: Maritza G. Montiel Management For For
1i. Election of Director: Ann S. Moore Management For For
1j. Election of Director: Eyal M. Ofer Management Against Against
1k. Election of Director: William K. Reilly Management For For
1l. Election of Director: Vagn O. Sørensen Management For For
1m. Election of Director: Donald Thompson Management For For
1n. Election of Director: Arne Alexander Wilhelmsen Management Against Against
2. Advisory approval of the Company's compensation of its named executive officers. Management Against Against
3. Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2022. Management For For
4. Approval of Amended and Restated 2008 Equity Incentive Plan. Management For For
PGT INNOVATIONS, INC.
Security 69336V101 Meeting Type Annual
Ticker Symbol PGTI Meeting Date 10-Jun-2022
ISIN US69336V1017 Agenda 935629432 - Management
Item Proposal Proposed by Vote For/ Against Management
1. DIRECTOR Management
1 Xavier F. Boza For For
2 Alexander R. Castaldi For For
3 William J. Morgan Withheld Against
2. To approve the compensation of our Named Executive Officers on an advisory basis. Management For For
3. To approve the amendment and restatement of the 2019 Equity and Incentive Compensation Plan. Management For For
4. To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for the 2022 fiscal year. Management For For
NEW FORTRESS ENERGY INC
Security 644393100 Meeting Type Annual
Ticker Symbol NFE Meeting Date 15-Jun-2022
ISIN US6443931000 Agenda 935632340 - Management
Item Proposal Proposed by Vote For/ Against Management
1. DIRECTOR Management
1 Desmond Iain Catterall Withheld Against
2 Wesley R. Edens Withheld Against
3 Randal A. Nardone Withheld Against
2. To ratify the appointment of Ernst & Young LLP as the independent registered public accounting firm for New Fortress Energy Inc. for fiscal year 2022. Management For For
AERSALE CORPORATION
Security 00810F106 Meeting Type Annual
Ticker Symbol ASLE Meeting Date 15-Jun-2022
ISIN US00810F1066 Agenda 935634091 - Management
Item Proposal Proposed by Vote For/ Against Management
1a. Election of Director: Nicolas Finazzo Management Against Against
1b. Election of Director: Robert B. Nichols Management Against Against
1c. Election of Director: Sai S. Devabhaktuni Management Against Against
1d. Election of Director: General C. Robert Kehler Management Against Against
1e. Election of Director: Michael Kirton Management Against Against
1f. Election of Director: Peter Nolan Management Against Against
1g. Election of Director: Jonathan Seiffer Management Against Against
1h. Election of Director: Richard J. Townsend Management Against Against
1i. Election of Director: Eric J. Zahler Management Against Against
2. Ratification of the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm. Management For For
NORWEGIAN CRUISE LINE HOLDINGS LTD.
Security G66721104 Meeting Type Annual
Ticker Symbol NCLH Meeting Date 16-Jun-2022
ISIN BMG667211046 Agenda 935625989 - Management
Item Proposal Proposed by Vote For/ Against Management
1a. Election of Class III Director: Frank J. Del Rio Management Against Against
1b. Election of Class III Director: Harry C. Curtis Management For For
2. Approval, on a non-binding, advisory basis, of the compensation of our named executive officers. Management Against Against
3. Approval of an amendment to our 2013 Performance Incentive Plan (our "Plan"), including an increase in the number of shares available for grant under our Plan. Management For For
4. Ratification of the appointment of PricewaterhouseCoopers LLP ("PwC") as our independent registered public accounting firm for the year ending December 31, 2022 and the determination of PwC's remuneration by our Audit Committee. Management For For
5. Approval of a shareholder proposal regarding retention of shares by company executives. Shareholder For Against

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 Herzfeld Caribbean Basin Fund, Inc.
By (Signature and Title)* /s/ Erik M. Herzfeld - President
Date August 10, 2022

* Print the name and title of each signing officer.