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Form N-PX · fund seriesSEC series no. S000029851

MAI Managed Volatility Fund

A series of FORUM FUNDS

Vote records
1,162year to 30 June 2026
Against management
0.1%1 of 1,166 marked votes
Say-on-pay support
100.0%for, of for + against + abstain
Shareholder-proposal support
0.0%for, of for + against + abstain

MAI Managed Volatility Fund is a series of FORUM FUNDS. For the year to 30 June 2026 its registrant reported 1,162 vote records for the series; 0.1% of the votes marked for or against management went against management. It voted for 100.0% of say-on-pay items and for 0.0% of proposals from security holders.

Compared with its registrant

year to 30 June 2026This seriesIts registrantMedian fund registrant
Against-management share0.1%1.6%6.2%
Say-on-pay support rate100.0%97.8%91.6%
Shareholder-proposal support rate0.0%5.9%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS80880710.0%
SECTION 14A SAY-ON-PAY VOTES827611.2%
AUDIT-RELATED777700.0%
SHAREHOLDER RIGHTS AND DEFENSES7340.0%
EXTRAORDINARY TRANSACTIONS1100.0%
CAPITAL STRUCTURE151500.0%
COMPENSATION252500.0%
CORPORATE GOVERNANCE6125360.0%
ENVIRONMENT OR CLIMATE260260.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE230230.0%
DIVERSITY, EQUITY, AND INCLUSION4040.0%
OTHER SOCIAL ISSUES270270.0%
OTHER10550.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20241,10616.0%100.0%0.0%
year to 30 June 20251,22213.6%100.0%0.0%
year to 30 June 20261,1620.1%100.0%0.0%

Questions

How often did MAI Managed Volatility Fund vote against management?

0.1% of the votes its registrant marked for or against management in the year to 30 June 2026 (1 of 1,166).

How did MAI Managed Volatility Fund vote on executive pay?

It voted for 76 of 76 say-on-pay items cast for, against or abstain (100.0%).

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 S000029851 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.