SRD II

Intermede Investment Partners Limited confirms that, in accordance with the Shareholder Rights Directive II (SRD II) and the FCA’s Conduct of Business Sourcebook (COBS) 2.2B requirements, it has developed and publicly disclosed a comprehensive Responsible Investment Policy​. This policy sets out our principles of shareholder engagement, the integration of environmental, social and governance (ESG) considerations into our investment strategy and clear proxy voting guidelines to ensure that voting rights are exercised in the best long-term interests of our clients​.

This Responsible Investment Policy further encompasses Intermede’s exclusion policy and climate commitments. In particular, the policy formally excludes investments in certain sectors that conflict with societal and environmental objectives , such as tobacco, thermal coal and controversial weapons, and confirms Intermede’s commitment to align its portfolios with NetZero greenhouse gas emissions targets by 2050​.

In line with SRD II’s transparency obligations, Intermede publishes a Responsible Investment Report at least annually, detailing how the engagement policy has been implemented in practice. This report discloses our stewardship activities over the period, including descriptions of our engagement with investee companies and our voting behaviour, with an explanation of significant votes cast on behalf of clients​. Through these disclosures, Intermede confirms its ongoing commitment to effective shareholder engagement, ESG integration and high standards of corporate governance.