Stewardship objectives Type of Gateway PRI Indicator Dependent on Disclosure Subsection indicator to Principle Multiple, see Stewardship ISP 15 CORE N/A PUBLIC 2 guidance objectives For the majority of assets within each asset class, which of the following best describes your primary stewardship objective? (1) Listed equity (2) Fixed income (5) Infrastructure (A) Maximise the risk–return ◉ ◉ ◉ profile of individual investments (B) Maximise overall returns ○ ○ ○ across the portfolio (C) Maximise overall value to ○ ○ ○ beneficiaries/clients (D) Contribute to shaping specific sustainability outcomes ○ ○ ○ (i.e. deliver impact) Stewardship prioritisation Type of Gateway PRI Indicator Dependent on Disclosure Subsection indicator to Principle Multiple, see Stewardship ISP 16 CORE N/A PUBLIC 2 guidance prioritisation What key criteria does your organisation use to prioritise your engagement targets? For asset classes such as real estate, private equity and infrastructure, you may consider this as key criteria to prioritise actions taken on ESG factors for assets, portfolio companies and/or properties in your portfolio. Select up to 3 options per asset class from the list. 47