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Form N-PX · fund seriesSEC series no. S000004564

LISANTI SMALL CAP GROWTH FUND

A series of FORUM FUNDS

Vote records
720year to 30 June 2026
Against management
11.4%82 of 722 marked votes
Say-on-pay support
94.0%for, of for + against + abstain
Shareholder-proposal support
not reportedfor, of for + against + abstain

LISANTI SMALL CAP GROWTH FUND is a series of FORUM FUNDS. For the year to 30 June 2026 its registrant reported 720 vote records for the series; 11.4% of the votes marked for or against management went against management. It voted for 94.0% of say-on-pay items and for 100.0% of proposals from security holders.

Compared with its registrant

year to 30 June 2026This seriesIts registrantMedian fund registrant
Against-management share11.4%1.6%6.2%
Say-on-pay support rate94.0%97.8%91.6%
Shareholder-proposal support ratenot reported5.9%27.5%

Votes by category

foragainstabstain, withhold or otheramber tick: the portion cast against management

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS468410412.4%
SECTION 14A SAY-ON-PAY VOTES917955.5%
AUDIT-RELATED929200.0%
EXTRAORDINARY TRANSACTIONS505100.0%
CAPITAL STRUCTURE87112.5%
COMPENSATION3832615.8%
CORPORATE GOVERNANCE2316739.1%
OTHER SOCIAL ISSUES110100.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 202461113.2%94.0%not reported
year to 30 June 20256540.2%92.9%not reported
year to 30 June 202672011.4%94.0%not reported

Questions

How often did LISANTI SMALL CAP GROWTH FUND vote against management?

11.4% of the votes its registrant marked for or against management in the year to 30 June 2026 (82 of 722).

How did LISANTI SMALL CAP GROWTH FUND vote on executive pay?

It voted for 79 of 84 say-on-pay items cast for, against or abstain (94.0%).

Is this the result of the meetings?

No. Form N-PX shows how the fund voted the shares it held. It does not show how other shareholders voted or what the outcome was.

Where does the data come from?

From the Form N-PX filed by FORUM FUNDS, which lists the series that cast each vote. The SEC does not verify the contents. Data runs through 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX filed by FORUM FUNDS (filer no. 315774); votes attributed to series S000004564 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.