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: 811-04276
AMANA MUTUAL FUNDS TRUST
(Exact Name of Registrant as Specified in Charter)
1300 N. State Street
Bellingham, Washington 98225-4730
(Address of Principal Executive Offices, including ZIP Code)
Nicholas F. Kaiser
1300 N. State Street
Bellingham, Washington 98225-4730
(Name and Address of Agent for Service)
Registrant’s Telephone Number- (360) 734-9900
Date of fiscal year end: May 31, 2009
Date of reporting period: June 30, 2009
| Amana Mutual Funds Trust, Income Fund (AMANX) | |||||
| Proxy Voting Record relating to shareholder meetings held from July 1, 2008 through June 30, 2009 | |||||
| Proposal # | Issue / Proposals | Shares / Proposed by | Symbol / Directors Recommend | CUSIP / Vote | Meeting Date |
| General Mills INC. | 110,000 | GIS | 370334104 | 9/22/08 | |
| 1A-M | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Ratify the appointment of KPMG LLP as General Mills' independent registered accounting firm | Issuer | For | For | |
| Nike, INC | 150,000 | NKE | 654106103 | 9/22/08 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | To ratify the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm | Issuer | For | For | |
| 3 | To transact such other business as may properly come before the meeting | Issuer | For | For | |
| Archer-Daniels-Midland Company | 80,000 | ADM | 039483102 | 11/6/08 | |
| 1A-I | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Ratify the appointment of Ernst & Young LLP as independent accountants for the fiscal year ending June 30, 2009 | Issuer | For | For | |
| 3 | Adopt stockholder proposal regarding global human rights standards | Stockholder | Against | Against | |
| Emerson Electric Co. | 140,000 | EMR | 291011104 | 2/3/09 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Ratification of KPMG LLP as independent registered public accounting firm | Issuer | For | For | |
| Rockwell Automation INC. | 110,000 | ROK | 773903109 | 2/4/09 | |
| A | Directors recommendation for election | Issuer | For | For all nominees | |
| B | To approve the selection of Deloitte & Touche LLP as the company's independent registered public accounting firm | Issuer | For | For | |
| The Valspar Corporation | 40,000 | VAL | 920355104 | 2/25/09 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | To approve the Valspar Corporation 2009 Omnibus Equity Plan | Issuer | For | For | |
| 3 | To approve the ratification of the appointment of Ernst & Young LLP as the independent registered public accounting firm of the corporation | Issuer | For | For | |
| Piedmont Natural Gas Company | 60,000 | PNY | 720186105 | 3/6/09 | |
| A | Directors recommendation for election | Issuer | For | For all nominees | |
| B | Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year 2009 | Issuer | For | For | |
| C | Approval of amendment to the company's Articles of Incorporation to eliminate classification of the company's Board of Directors | Issuer | For | For | |
| National Fuel Gas Company | 130,000 | NFG | 636180101 | 3/12/09 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Vote to ratify PricewaterhouseCoopers LLP as our independent registered public accounting firm | Issuer | For | For | |
| 3 | Vote to approve the 2009 non employee Director Equity Compensation Plan | Issuer | For | For | |
| SK Telecom Co. | 50,000 | SKM | 78440P108 | 3/13/09 | |
| 1 | Approval of financial statements for the 25th Fiscal year (from January 1, 2008 to December 31, 2008) as set forth in item 1 of the company's agenda enclosed herewith | Issuer | For | For | |
| 2 | Approval of ceiling amount of the remuneration for directors. Proposed ceiling amount of the directors is KRW 12 billion | Issuer | For | For | |
| 3 | Amendment to the company regulation on executive compensation as set forth in item 2 of the company's agenda enclosed herewith | Issuer | For | For | |
| 4A1-4B | Directors recommendation for election | Issuer | For | For all nominees | |
| 4C | Election of a member of the audit committee | Issuer | For | For | |
| United Technologies Corporation | 130,000 | UTX | 913017109 | 4/8/09 | |
| 1 | Directors recommendation for election | Issuer | For | For | |
| 2 | Appointment of independent auditors | Issuer | For | For | |
| 3 | Shareholder proposal: Offsets for foreign military sales | Shareholder | Against | Against | |
| Rio Tinto PLC | 50,000 | RTP | 767204100 | 4/15/09 | |
| 1 | To receive the financial statements and the reports of the directors and auditors for the year ended 31 December 2008 | Issuer | For | For | |
| 2 | Approval of the remuneration report | Issuer | For | For | |
| 3-7 | Directors recommendation for election | Issuer | For | For | |
| 8 | Re-appointment of PricewaterhouseCoopers LLP as auditors and to authorize the audit committee to determine their remuneration | Issuer | For | For | |
| 9 | Non executive directors fees | Issuer | For | For | |
| 10 | To increase the authorized share capital and authority to allot relevant securities under section 80 of the Companies Act 1985 | Issuer | For | For | |
| 11 | Authority to allot relevant securities for cash under section 89 of the Companies Act 1985 | Issuer | For | For | |
| 12 | Notice period for general meetings other than annual general meetings | Issuer | For | For | |
| 13 | Authority to pay scrip dividends | Issuer | For | For | |
| 14 | Adoption and amendment of new Articles of Association of the company | Issuer | For | For | |
| PPG Industries, INC | 100,000 | PPG | 693506107 | 4/16/09 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | The endorsement of Deloitte & Touche LLP as our independent registered public accounting firm for 2009 | Issuer | For | For | |
| BP P.L.C. | 100,000 | BP | 055622104 | 4/16/09 | |
| 1 | To receive the directors' annual report and accounts | Issuer | For | For | |
| 2 | To approve the directors' remuneration report | Issuer | For | For | |
| 3 | Directors recommendation for election | Issuer | For | For all nominees | |
| 18 | To re-appoint Ernst & Young LLP as auditors and authorize the board to fix their remuneration | Issuer | For | For | |
| S19 | Special resolution: To give limited authority for the purchase of its own shares by the company | Issuer | For | For | |
| 20 | To give limited authority to allot shares up to a specified amount | Issuer | For | For | |
| S21 | Special resolution: To give authority to allot a limited number of shares for cash free of pre-emptive rights | Issuer | For | For | |
| S22 | Special resolution: To authorize the calling of general meetings (excluding annual general meetings) by notice of at least 14 clear days | Issuer | For | For | |
| Genuine Parts Company | 200,000 | GPC | 372460105 | 4/20/09 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Ratification of the selection of Ernst & Young LLP as the company’s independent auditors for the fiscal year ending December 31, 2009 | Issuer | For | For | |
| Carlisle | 220,000 | CSL | 142339100 | 4/20/09 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Ratify the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the 2009 fiscal year | Issuer | For | For | |
| 3 | Approve an amendment to the company's executive incentive program to increase the number of shares authorized for issuance under the program | Issuer | For | For | |
| Canadian National Railway Company | 150,000 | CNI | 136375102 | 4/21/09 | |
| 1.01-1.11 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Appointment of KPMG LLP as auditors | Issuer | For | For | |
| Encana Corporation | 200,000 | ECA | 292505104 | 4/22/09 | |
| 1.01-1.11 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Appointment of auditors PricewaterhouseCoopers LLP at a remuneration to be fixed by the board of directors | Issuer | For | For | |
| Johnson & Johnson | 150,000 | JNJ | 478160104 | 4/23/09 | |
| 1a-j | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm | Issuer | Issuer | For | |
| 3 | Advisory vote on executive compensation policies and disclosure | Stockholder | Against | For | |
| Pfizer INC. | 500,000 | PFE | 717081103 | 4/23/09 | |
| 1A-N | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Proposal to ratify the selection of KPMG LLP as independent registered public accounting firm for 2009 | Issuer | For | For | |
| 3 | Proposal to approve Pfizer INC. 2004 Stock Plan, as amended and restated | Issuer | For | For | |
| 4 | Shareholder proposal regarding stock options | Shareholder | Against | Against | |
| 5 | Shareholder proposal regarding advisory vote on executive compensation | Shareholder | Against | For | |
| 6 | Shareholder proposal regarding cumulative voting | Shareholder | Against | For | |
| 7 | Shareholder proposal regarding special shareholder meetings | Shareholder | Against | Against | |
| Arch Coal INC | 350,000 | ACI | 039380100 | 4/23/09 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Ratification of the appointment of independent public accounting firm | Issuer | For | For | |
| Burlington Northern Santa Fe Corporation | 100,000 | BNI | 12189T104 | 4/23/09 | |
| 1A-K | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Ratification of the appointment of PricewaterhouseCoopers LLP as the company's independent auditor for 2009(advisory vote) | Issuer | For | For | |
| 3 | Proposal regarding say on executive pay | Shareholder | Against | Against | |
| 4 | Proposal regarding special shareowner meetings | Shareholder | Against | Against | |
| 5 | Proposal regarding report on political contributions | Shareholder | Against | For | |
| Avery Dennison Corporation | 60,000 | AVY | 053611109 | 4/23/09 | |
| 1A-D | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Ratification of the appointment of PricewaterhouseCoopers LLP as the company's independent auditors for the current fiscal year which ends on January 2, 2010 | Issuer | For | For | |
| 3 | Approval of the senior executive annual incentive plan | Issuer | For | For | |
| Kellogg Company | 140,000 | K | 487836108 | 4/24/09 | |
| 1 | Directors recommendation for election | Issuer | For | For | |
| 2 | Ratification of the appointment of PricewaterhouseCoopers LLP as Kellogg's independent public accounting firm for 2009 | Issuer | For | For | |
| 3 | Approval of the Kellogg company 2009 long term incentive plan | Issuer | For | For | |
| 4 | Approval of the Kellogg company 2009 non employee director stock plan | Issuer | For | For | |
| 5 | Enact a majority vote requirement for the election of directors | Shareholder | Against | Against | |
| 6 | Elect each director annually | Shareholder | Against | Against | |
| AT&T | 300,000 | T | 00206R102 | 4/24/09 | |
| 1a-o | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Ratification of appointment of independent auditors | Issuer | For | For | |
| 3 | Amendment to increase authorized shares | Issuer | For | For | |
| 4 | Report on political contributions | Shareholder | Against | For | |
| 5 | Special stockholder meetings | Shareholder | Against | Against | |
| 6 | Cumulative voting | Shareholder | Against | For | |
| 7 | Bylaw requiring independent chairman | Shareholder | Against | For | |
| 8 | Advisory vote on compensation | Shareholder | Against | For | |
| 9 | Pension credit policy | Shareholder | Against | Against | |
| Abbot Laboratories | 170,000 | ABT | 002824100 | 4/24/09 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Approval of the Abbott Laboratories 2009 incentive stock program | Issuer | For | For | |
| 3 | Approval of the Abbott Laboratories 2009 employee stock purchase plan for non US employees | Issuer | For | For | |
| 4 | Ratification of Deloitte & Touche LLP as auditors | Issuer | For | For | |
| 5 | Shareholder proposal- animal testing | Shareholder | Against | For | |
| 6 | Shareholder proposal- health care principles | Shareholder | Against | Against | |
| 7 | Shareholder proposal- advisory vote | Shareholder | Against | For | |
| Honeywell International | 225,000 | HON | 438516106 | 4/27/09 | |
| 1A-J | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Approval of independent accountants | Issuer | For | For | |
| 3 | Cumulative voting | Shareholder | Against | For | |
| 4 | Principles for health care reform | Shareholder | Against | Against | |
| 5 | Executive compensation advisory vote | Shareholder | Against | For | |
| 6 | Tax gross-up payments | Shareholder | Against | Against | |
| 7 | Special shareowner meetings | Shareholder | Against | Against | |
| Praxair INC. | 120,000 | PX | 74005P104 | 4/28/09 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Proposal to approve the 2008 Praxair, INC. long term incentive plan | Issuer | For | For | |
| 3 | Proposal to ratify the appointment of the independent auditor | Issuer | For | For | |
| The McGraw-Hill Companies INC. | 150,000 | MHP | 580645109 | 4/29/09 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Vote to reapprove performance goals under our 2002 stock incentive plan | Issuer | For | For | |
| 3 | Vote to ratify Ernst & Young LLP as our independent registered public accounting firm for 2009 | Issuer | For | For | |
| 4 | Shareholder proposal requesting election of each director manually | Shareholder | Against | For | |
| 5 | Shareholder proposal requesting election of each director annually | Shareholder | Against | For | |
| 6 | Shareholder proposal requesting public disclosure of corporate policies and procedures regarding political contributions and the amount of such contributions | Shareholder | Against | For | |
| 7 | Shareholder proposal requesting election of directors by majority vote | Shareholder | Against | For | |
| 8 | Shareholder proposal requesting adoption of policy requiring chairman to be independent director who has not previously served as an executive officer of the company | Shareholder | Against | For | |
| Kimberly-Clark Corporation | 130,000 | KMB | 494368103 | 4/29/09 | |
| 1A-I | Directors recommendation for election | ||||
| 2 | Ratification of auditors | ||||
| 3 | Approval of amended and restated certificate of incorporation regarding right of holders of at least twenty five percent of shares to call a special meeting of stockholders | ||||
| Sempra Energy | 40,000 | SRE | 816851109 | 4/30/09 | |
| 1-12 | Directors recommendation for election | Issuer | For | For all nominees | |
| 13 | Ratification of independent registered public accounting firm | Issuer | For | For | |
| 14 | Shareholder proposal for an advisory vote on executive compensation | Shareholder | Against | For | |
| 15 | Shareholder proposal for North Dakota reincorporation | Shareholder | Against | Against | |
| Basf SE | 90,000 | BASF | 055262505 | 4/30/09 | |
| 2 | Adoption of a resolution on the appropriation of profit | Issuer | For | For | |
| 3 | Adoption of a resolution giving formal approval to the actions of members of the supervisory board | Issuer | For | For | |
| 4 | Adoption of a resolution giving formal approval of the actions of the members of the Board of Executive Directors | Issuer | For | For | |
| 5 | Election of the auditor for the financial year 2009 | Issuer | For | For | |
| 6A-F | Appointment of the members of the Supervisory Board | Issuer | For | For all nominees | |
| 7 | Adoption of a resolution on the removal of existing and the creation of new authorized capital and amendment of the statutes | Issuer | For | For | |
| 8 | Adoption of a resolution on the amendment of article 10, No.2 and No. 3 of the statutes | Issuer | For | For | |
| 9 | Remuneration of the first supervisory board of Basf SE | Issuer | For | For | |
| Concophillips | 140,000 | COP | 20825C104 | 5/13/09 | |
| 1A-M | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Proposal to ratify appointment of Ernst & Young LLP as Concophillips' independent registered public accounting firm for 2009 | Issuer | For | For | |
| 3 | Proposal to approve 2009 omnibus stock and performance incentive plan | Issuer | For | For | |
| 4 | Universal health care principals | Stockholder | Against | Against | |
| 5 | Advisory vote on executive compensation | Stockholder | Against | For | |
| 6 | Political contributions | Stockholder | Against | For | |
| 7 | Greenhouse gas reduction | Stockholder | Against | Against | |
| 8 | Oil sands drilling | Stockholder | Against | Against | |
| 9 | Director qualifications | Stockholder | Against | Against | |
| Unilever PLC | 250,000 | UL | 904767704 | 5/13/09 | |
| 1 | To receive and consider the accounts and balances sheet for the year ended 31 December 2008, together with the directors report and the auditors report | Issuer | For | For | |
| 2 | To consider and, if thought fit, approve the directors remuneration report for the year ended 31 December 2008 included within the annual report and accounts 2008 | Issuer | For | For | |
| 3 | To declare a dividend on the ordinary shares | Issuer | For | For | |
| #4-17 | Directors recommendation for election | Issuer | For | For all nominees | |
| 18 | To re-appoint Pricewaterhousecoopers LLP as auditors of the company, to hold office until the conclusion of the next general meeting at which accountants are laid before the members | Issuer | For | For | |
| 19 | To authorize the directors to fix the remuneration of the auditors | Issuer | For | For | |
| 20 | To consider and, if thought fit, pass an ordinary resolution, as set forth on the company notice | Issuer | For | For | |
| 21 | To consider and, if thought fit, to pass a special resolution, as set forth on the company notice | Issuer | For | For | |
| 22 | To consider and, if thought fit, to pass a special resolution, as set forth on the company notice | Issuer | For | For | |
| 23 | To consider and, if thought fit, pass an ordinary resolution, as set forth on the company notice | Issuer | For | For | |
| 24 | To consider and, if thought fit, to pass a special resolution, as set forth on the company notice | Issuer | For | For | |
| 25 | To consider and, if thought fit, pass an ordinary resolution, as set forth on the company notice | Issuer | For | For | |
| 26 | To consider and, if thought fit, pass an ordinary resolution, as set forth on the company notice | Issuer | For | For | |
| Nucor Corporation | 140,000 | NUE | 670346105 | 5/14/09 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Ratify the appointment of Pricewaterhousecoopers LLP as Nucor's independent registered public accounting firm for the year ended December 31, 2009 | Issuer | For | For | |
| 3 | Stockholder proposal regarding majority vote | Stockholder | Against | Against | |
| 4 | Stockholder proposal regarding declassification of board of directors | Stockholder | Against | Against | |
| 5 | Stockholder proposal regarding human rights | Stockholder | Against | Against | |
| 6 | Stockholder proposal regarding principles for health care reform | Stockholder | Against | Against | |
| Total S.A. | 200,000 | TOT | 89151e109 | 5/15/09 | |
| 1 | Approval of parent company financial statements | Issuer | For | For | |
| 2 | Approval of consolidated financial statements | Issuer | For | For | |
| 3 | Allocations of earnings, declaration of dividend | Issuer | For | For | |
| 4 | Agreements covered by Article L. 225-38 of the French Commercial code | Issuer | For | For | |
| 5 | Agreements covered by Article L. 225-42-1 of the French Commercial code concerning Mr. Thierry Desmarest | Issuer | For | For | |
| 6 | Agreements covered by Article L. 225-42-1 of the French Commercial code concerning Mr. Christopher de Margerie | Issuer | For | For | |
| 7 | Authorization for the board of directors to trade shares of the company | Issuer | For | For | |
| 8-13 | Directors recommendation for election | Issuer | For | For all nominees | |
| 14 | Amendment to article 12 of the company's Articles of Incorporation regarding the limit on the age of the Chairman of the Board | Issuer | For | For | |
| A | Amendment to the company's Articles of Association with the intent of disclosing individual allocations of stock options and restricted shares as provided by law | Stockholder | Against | Against | |
| B | For the purpose of amending to the Articles of Association regarding a new procedure for selecting a shareholder employee as board member with a view to improving his or her representation and independence | Stockholder | Against | Against | |
| C | Authorization to grant restricted shares of the company to all employees of the group | Stockholder | Against | Against | |
| Glaxosmithkline PLC | 100,000 | GSK | 37733W105 | 5/20/09 | |
| 1 | To receive and adopt the Directors’’ report and the Financial Statements | Issuer | For | For | |
| 2 | To approve the remuneration report | Issuer | For | For | |
| 3-7 | Directors recommendation for election | Issuer | For | For all nominees | |
| 8 | Re-appointment of auditors | Issuer | For | For | |
| 9 | Remuneration of auditors | Issuer | For | For | |
| 10 | To authorize the company and its subsidiaries to make donators to political organizations and incur political expenditure | Issuer | For | For | |
| 11 | Authority to allot shares | Issuer | For | For | |
| 12 | Disapplication of pre-emptive rights | Issuer | For | For | |
| 13 | Authority for the company to purchase its own shares | Issuer | For | For | |
| 14 | Exemption from statement of senior statutory auditor's name | Issuer | For | For | |
| 15 | Reduced notice of a general meeting other than an AGM | Issuer | For | For | |
| 16 | Adoption of the GlaxoSmithKline 2009 performance share plan | Issuer | For | For | |
| 17 | Adoption of the GSK 2009 share option plan | Issuer | For | For | |
| 18 | Adoption of the GSK 2009 deferred annual bonus plan | Issuer | For | For | |
| FPL Group, INC | 150,000 | FPL | 302571104 | 5/22/09 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm for 2009 | Issuer | For | For | |
| 3 | Approval of the material terms under the FPL Group, INC. amended and restated long term incentive plan for payment of performance-based compensation as required by internal revenue code section | Issuer | For | For | |
| Canadian Pacific | 90,000 | CP | 13645T100 | 5/22/09 | |
| 1 | Appointment of PricewaterhouseCoopers LLP as auditors | Issuer | For | For | |
| 2 | Approving the amendment of bylaw No. 1 of the corporation, as described in the management proxy circular | Issuer | For | For | |
| 3.01-3.12 | Directors recommendation for election | Issuer | For | For | |
| Exxon Mobil Corporation | 110,000 | XOM | 30231G102 | 5/27/09 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Ratification of independent auditors | Issuer | For | For | |
| 3 | Cumulative voting | Stockholder | Against | Against | |
| 4 | Special shareholder meetings | Stockholder | Against | Against | |
| 5 | Incorporate in North Dakota | Stockholder | Against | Against | |
| 6 | Board chairman and CEO | Stockholder | Against | Against | |
| 7 | Shareholder advisory vote on executive compensation | Stockholder | Against | Against | |
| 8 | Executive compensation report | Stockholder | Against | Against | |
| 9 | Corporate sponsorship report | Stockholder | Against | Against | |
| 10 | Amendment of EEO policy | Stockholder | Against | Against | |
| 11 | Greenhouse gas emission goals | Stockholder | Against | Against | |
| 12 | Climate change and technology report | Stockholder | Against | Against | |
| 13 | Renewable energy policy | Stockholder | Against | Against | |
| Chunghwa Telecom Co. LTD | 369,150 | CHT | 17133Q403 | 6/19/09 | |
| 1 | Acceptance of 2008 business report and financial statements | Issuer | For | For | |
| 2 | Approval of the proposal for the distribution of 2008 earnings | Issuer | For | For | |
| 3 | Revision of the Articles of Incorporation | Issuer | For | For | |
| 4 | Proposed conversion of the capital surplus into capital stock of the company and issuance of new shares | Issuer | For | For | |
| 5 | Proposed capital deduction and issuance of cash dividends | Issuer | For | For | |
| 6 | Revision of the "Procedures for acquisition or disposal of assets | Issuer | For | For | |
| 7 | Revision of the "Procedures for lending of capital to others" | Issuer | For | For | |
| 8 | Revision of the "Procedures for endorsements and guarantees" | Issuer | For | For | |
| Amana Mutual Funds Trust, Growth Fund (AMAGX) | |||||
| Proxy Voting Record relating to shareholder meetings held from July 1, 2008 through June 30, 2009 | |||||
| Proposal # | Issue / Proposals | Shares / Proposed by | Symbol / Directors Recommend | CUSIP / Vote | Meeting Date |
| John Wiley & Sons Inc | 100,000 | JWLA | 968223206 | 9/18/08 | |
| 1 | Directors recommend for election | Issuer | For All | For All | |
| 2 | Proposal to ratify the appointment of KPMG LLP as independent accountants | Issuer | For | For | |
| Oracle Corporation | 550,000 | ORCL | 68389X105 | 10/10/08 | |
| 1 | Directors recommend for election | Issuer | For All | For All | |
| 2 | Proposal for the approval of the adoption of the fiscal year 2009 executive bonus plan | Issuer | For | For | |
| 3 | Proposal to ratify the selection of Ernst & Young LLP as independent registered public accounting firm of the Company for the fiscal year ending May 31, 2009 | Issuer | For | For | |
| 4 | Proposal on advisory vote on executive compensation | Stockholder | Against | Against | |
| Harris Corporation | 150,000 | HRS | 413875105 | 10/24/08 | |
| 1A-1D | Directors recommend for election | Issuer | For All | For All | |
| 2 | Ratification of the appointment by our audit committee of Ernst & Young LLP as our independent registered public accounting firm for fiscal year 2009 | Issuer | For | For | |
| 3 | Approval of an amendment to our restated certificate of incorporation to increase the number of authorized shares of Harris Common Stock from 250,000,000 to 500,000,000 shares | Issuer | For | For | |
| 4 | Approval of an amendment to our restated certificate of incorporation to declassify the Board of Directors | Issuer | For | For | |
| Cree Inc. | 160,000 | CREE | 225447101 | 10/30/08 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Approval of amendments to the 2004 long term incentive compensation plan | Issuer | For | For | |
| 3 | Approval of amendment to the 2005 employee stock purchase plan | Issuer | For | For | |
| 4 | Ratification of the appointment of Ernst & Young LLP as independent auditors for the fiscal year ending June 28, 2009 | Issuer | For | For | |
| Coach INC. | 240,000 | COH | 189754104 | 10/30/08 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | To consider and vote upon a proposal to amend the Coach INC. performance based incentive plan | Issuer | For | For | |
| Seagate Technology | 200,000 | STX | G7945J104 | 10/30/08 | |
| 1a-1j | Directors recommend for election | Issuer | For | For all nominees | |
| Cisco Systems Inc | 400,000 | CSCO | 17275R102 | 11/13/08 | |
| 1a-1l | Directors recommend for election | Issuer | For All | For All | |
| 2 | To ratify the appointment of PricewaterhouseCoopers LLP as Cisco's independent registered public accounting firm for the fiscal year ending July 25, 2009 | Issuer | For | For | |
| 3 | Proposal to amend Company's bylaws to establish a Board Committee on Human Rights | Shareholder | Against | Against | |
| 4 | Proposal requesting the Board to publish a report to shareholders within six months providing a summarized listing and assessment of concrete steps Cisco could reasonably take to reduce the likelihood that its business practices might enable or encourage the violation of human rights, as set forth in the proxy statement | Shareholder | Against | Against | |
| Barr Pharmaceuticals Inc | 160,000 | BRL | 068306109 | 11/21/08 | |
| 1 | Adoption of the agreement and plan of merger, dated as of July 18, 2008 by and among Barr Pharmaceuticals, Inc., Teva Pharmaceutical Industries Ltd. And Boron Acquisition Corp., as it may be amended from time to time. | Issuer | For | For | |
| 2 | Approval of the adjournment of the special meeting, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the special meeting to adopt the agreement and plan of merger referred to in proposal 1. | Issuer | For | For | |
| Harman International Industries Inc | 550,000 | HAR | 413086109 | 12/3/08 | |
| 1 | Directors recommend for election | Issuer | For All | For All | |
| 2 | Approval of the amendments to the 2002 stock option and incentive plan | Issuer | For | For | |
| 3 | Approval of the 2008 key executive officers bonus plan | Issuer | For | For | |
| Apple Inc | 200,000 | AAPL | 037833100 | 2/25/09 | |
| 1.01-1.08 | Directors recommend for election | Issuer | For All | For All | |
| 2 | Proposal regarding political contributions and expenditures report, if properly presented at the meeting | Shareholder | Against | Against | |
| 3 | Proposal regarding adoption of principles for health care reform, if properly presented at the meeting | Shareholder | Against | Against | |
| 4 | Proposal regarding sustainability report, if properly presented at the meeting | Shareholder | Against | Against | |
| 5 | Proposal regarding advisory vote on compensation, if properly presented at the meeting. | Shareholder | Against | Against | |
| Noble Corporation | 200,000 | NE | G65422100 | 3/17/09 | |
| 1 | Approval of the merger, reorganization and consolidation transaction to be effected by the schemes of arrangement, copies of which are attached to the accompanying proxy statement as annex B | Issuer | For | For | |
| 2 | Approval of the motion to adjourn the meeting to a later date to solicit additional proxies if there are insufficient votes at the time of the meeting to approve the merger, reorganization and consolidation transaction. | Issuer | For | For | |
| Hewlett-Packard Company | 270,000 | HPQ | 428236103 | 3/18/09 | |
| 1a-1j | Directors recommend for election | Issuer | For All | For All | |
| 2 | Proposal to ratify the appointment of the independent registered public accounting firm for the fiscal year ending October 21, 2009 | Issuer | For | For | |
| Canon Inc | 220,000 | CAJ | 138006309 | 3/27/09 | |
| 1 | Dividend from surplus | Issuer | For | For | |
| 2 | Partial amendment to the articles of incorporation | Issuer | For | For | |
| 3.01-3.25 | Directors recommend for election | Issuer | For All | For All | |
| 4 | Grant of retirement allowance to a director to retire | Issuer | For | For | |
| 5 | Grant of bonus to directors | Issuer | For | For | |
| 6 | Issuance of share options as stock options without compensation | Issuer | For | For | |
| Qualcomm Incorporated | 300,000 | QCOM | 747525103 | 3/3/09 | |
| 1.01-1.12 | Directors recommend for election | Issuer | For All | For All | |
| 2 | To ratify the selection of PricewaterhouseCoopers LLP as the Company's independent public accountants for the Company's fiscal year ending September 27, 2009 | Issuer | For | For | |
| Agilent Technologies INC. | 500,000 | A | 00846U101 | 3/11/09 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | The ratification of the audit and finance committee's appointment of PricewaterhouseCoopers LLP as Agilent's independent registered public accounting firm | Issuer | For | For | |
| 3 | The approval of the Agilent Technologies INC. 2009 stock plan | Issuer | For | For | |
| Adobe Systems Incorporated | 460,000 | ADBE | 00724F101 | 4/1/09 | |
| 1a-1e | Election of the five (5) Class II Directors to serve for a two-year term | Issuer | For All | For All | |
| 2 | Approval of the amendment of the Adobe Systems Incorporated 2003 equity incentive plan. | Issuer | For | For | |
| 3 | Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending on November 27, 2009 | Issuer | For | For | |
| Verigy Ltd. | 180,000 | VRGY | Y93691106 | 4/14/09 | |
| 1-4 | Directors recommend for election | Issuer | For All | For All | |
| 5 | To approve the re-appointment of PricewaterhouseCoopers LLP to serve as the independent Singapore auditor for the fiscal year ending October 31, 2009, and to authorize the Board of Directors to fix PricewaterhouseCoopers LLP's remuneration | Issuer | For | For | |
| 6a-6c | To approve and authorize as recommended | Issuer | For All | For All | |
| 7 | To approve the authorization for our Board of Directors to allot and issue ordinary shares | Issuer | For | For | |
| 8 | To approve the share purchase mandate authorized the purchase or acquisition of our issued ordinary shares | Issuer | For | For | |
| Rio Tinto PLC | 33,000 | RTP | 767204100 | 4/15/09 | |
| 1 | To receive the financial statements and the reports of the directors and auditors for the year ended 31 December 2008 | Issuer | For | For | |
| 2 | Approval of the remuneration report | Issuer | For | For | |
| 3-7 | Directors recommendation for election | Issuer | For | For all nominees | |
| 8 | Re-appointment of PricewaterhouseCoopers LLP as auditors and to authorize the audit committee to determine their remuneration | Issuer | For | For | |
| 9 | Non executive directors fees | Issuer | For | For | |
| 10 | To increase the authorized share capital and authority to allot relevant securities under section 80 of the Companies Act 1985 | Issuer | For | For | |
| 11 | Authority to allot relevant securities for cash under section 89 of the Companies Act 1985 | Issuer | For | For | |
| 12 | Notice period for general meetings other than annual general meetings | Issuer | For | For | |
| 13 | Authority to pay scrip dividends | Issuer | For | For | |
| 14 | Adoption and amendment of new Articles of Association of the company | Issuer | For | For | |
| BP PLC | 105,000 | BP | 055622104 | 4/16/09 | |
| 1 | To receive the Directors' annual report and accounts | Issuer | For | For | |
| 2 | To approve the Directors' remuneration report | Issuer | For | For | |
| 18 | To re-appoint Ernst & Young LLP as auditors and authorize the Board to fix their remuneration | Issuer | For | For | |
| S19 | Special resolution: to give limited authority for the purchase of its own shares by the Company | Issuer | For | For | |
| 20 | To give limited authority to allot shares up to a specified amount | Issuer | For | For | |
| S21 | Special resolution: To give authority to allot a limited number of shares for cash free of pre-emption rights | Issuer | For | For | |
| S22 | Special resolution: to authorize the calling of general meetings (excluding annual general meetings) by notice of at least 14 clear days | Issuer | For | For | |
| Ritchie Bros Auctioneers Incorporated | 100,000 | RBA | 767744105 | 4/17/09 | |
| 1.01-1.07 | Directors recommend for election | Issuer | For All | For All | |
| 2 | Appointment of KPMG LLP as auditors of the Company for the ensuing year and authorizing the Directors to fix their remuneration | Issuer | For | For | |
| Crane Co | 210,000 | CR | 22439105 | 4/20/09 | |
| 1A-1D | Directors recommend for election | Issuer | For All | For All | |
| 2 | Ratification of selection of Deloitte & Touche LLP as independent auditors for the Company for 2009 | Issuer | For | For | |
| 3 | Approval of the 2009 stock incentive plan | Issuer | For | For | |
| 4 | Approval of the 2009 non-employee director compensation plan | Issuer | For | For | |
| 5 | Approval of the 2009 corporate EVA incentive compensation plan | Issuer | For | For | |
| 6 | Approval of proposal concerning adoption of the MacBride Principles | Shareholder | Against | Against | |
| Genuine Parts Company | 125,000 | GPC | 372460105 | 4/20/09 | |
| 1.01-1.11 | Directors recommend for election | Issuer | For All | For All | |
| 2 | Ratification of the selection of Ernst & Young LLP as the Company's independent auditors for the fiscal year ending December 31, 2009 | Issuer | For | For | |
| Fastenal Company | 155,000 | FAST | 311900104 | 4/21/09 | |
| 1.01-1.05 | Directors recommend for election | Issuer | For All | For All | |
| 2 | Ratification of the appointment of KPMG LLP as independent auditors for the 2009 fiscal year. | Issuer | For | For | |
| Convergys Corporation | 600,000 | CVG | 212485106 | 4/21/09 | |
| 1.01-1.05 | Directors recommend for election | Issuer | For All | For All | |
| 2 | To ratify the appointment of the independent accounts | Issuer | For | For | |
| 3 | To approve the amendment to the Company's code of regulations to adopt a majority vote for directors provision | Issuer | For | For | |
| 4 | Proposal 1 | Shareholder | Against | Against | |
| 5 | Proposal 2 | Shareholder | Against | Against | |
| Encana Corporation | 150,000 | ECA | 292505104 | 4/22/09 | |
| 1.01-1.11 | Directors recommend for election | Issuer | For All | For All | |
| 2 | Appointment of auditors at a remuneration to be fixed by the Board of Directors | Issuer | For | For | |
| Humana Inc | 250,000 | HUM | 444859102 | 4/23/09 | |
| 1a-1j | Directors recommend for election | Issuer | For All | For All | |
| 2 | The ratification of the appointment of PricewaterhouseCoopers LLP as the Company's Independent registered public accounting firm | Issuer | For | For | |
| Johnson & Johnson | 180,000 | JNJ | 478160104 | 4/23/09 | |
| 1a-1j | Directors recommend for election | Issuer | For All | For All | |
| 2 | Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm | Issuer | For | For | |
| 3 | Advisory vote on executive compensation disclosure | Shareholder | Against | Against | |
| Consol Energy Inc | 100,000 | CNX | 20854P109 | 4/28/09 | |
| 1.01-1.11 | Directors recommend for election | Issuer | For All | For All | |
| 2 | Ratification of anticipated selection of independent auditor Ernst & Young LLP | Issuer | For | For | |
| 3 | Consol Energy Inc amendment and restatement of equity incentive plan | Issuer | For | For | |
| 4 | Proposal regarding majority voting | Shareholder | Against | Against | |
| 5 | Proposal regarding early disclosure of voting results of shareholder proposals | Shareholder | Against | Against | |
| International Business Machines Corporation | 110,000 | IBM | 459200101 | 4/28/09 | |
| 1A-1L | Directors recommend for election | Issuer | For All | For All | |
| 2 | Ratification of appointment of independent registered public accounting firm | Issuer | For | For | |
| 3 | Approval of long-term incentive performance terms for certain executives pursuant to section 162 (m) of the Internal Revenue Code | Issuer | For | For | |
| 4 | Proposal on cumulative voting | Shareholder | Against | Against | |
| 5 | Proposal on executive compensation and pension income | Shareholder | Against | Against | |
| 6 | Proposal on advisory vote on executive compensation | Shareholder | Against | Against | |
| The McGraw-Hill Companies, Inc | 220,000 | MHP | 580645109 | 4/29/09 | |
| 1.01-1.03 | Directors recommend for election | Issuer | For All | For All | |
| 2 | Vote to reapprove performance goals under our 202 stock incentive plan | Issuer | For | For | |
| 3 | Vote to ratify Ernst & Young LLP as our independent registered public accounting firm for 2009 | Issuer | For | For | |
| 4 | Proposal requesting election of each director annually | Shareholder | Against | Against | |
| 5 | Proposal requesting adoption of simple majority vote | Shareholder | Against | Against | |
| 6 | Proposal requesting public disclosure of corporate policies and procedures regarding political contributions and the mount of such contributions | Shareholder | Against | Against | |
| 7 | Proposal requesting election of directors by majority vote | Shareholder | Against | Against | |
| 8 | Proposal requesting adoption of policy requiring chairman to be independent director who has not previously served as an executive office of the company | Shareholder | Against | Against | |
| Lincoln Electric Holdings Inc | 96,500 | LECO | 533900106 | 4/30/09 | |
| 1.01-1.03 | Directors recommend for election | Issuer | For All | For All | |
| 2 | Ratification of independent auditors | Issuer | For | For | |
| Potash Corporation of Saskatchewan Inc | 170,000 | POT | 73755L107 | 5/7/09 | |
| 1.01-1.11 | Directors recommend for election | Issuer | For All | For All | |
| 2 | The appointment of Deloitte & Touche LLP as auditors of the Corporation | Issuer | For | For | |
| 3 | The resolution approving the adoption of a new performance option plan, the full text of which is attached as appendix C to the accompanying management proxy circular | Issuer | For | For | |
| 4 | Proposal attached as appendix D to the accompanying management proxy circular | Shareholder | Against | Against | |
| Norfolk Southern Corporation | 270,000 | NSC | 655844108 | 5/14/09 | |
| 1.01-1.04 | Directors recommend for election | Issuer | For All | For All | |
| 2 | Ratification of the appointment of KPMG LLP, independent registered public accounting firm, as Norfolk Southern's independent auditors for the year ending December 31, 2009 | Issuer | For | For | |
| 3 | Proposal concerning corporate political contributions | Shareholder | Against | Against | |
| China Mobile (Hong Kong) Limited | 150,000 | CHL | 16941M109 | 5/19/09 | |
| 1 | To receive & consider the audited financial statements and the reports of the directors and auditors for the year | Issuer | For | For | |
| 2 | To declare a final dividend for the year ended 31 December 2008 | Issuer | For | For | |
| 3A-3G | Directors recommend for election | Issuer | For All | For All | |
| 4 | To re-appoint Messrs. KPMG as Auditors and to authorize the directors to fix their remuneration | Issuer | For | For | |
| 5 | To give a general mandate to directors to repurchase shares not exceeding 10% of the aggregate nominal amount | Issuer | For | For | |
| 6 | To give a general mandate to directors to issue, allot and deal with additional shares not exceeding 20% of nominal amount | Issuer | For | For | |
| 7 | To extend the general mandate granted to the directors to issue, allot and deal with shares by the number of shares repurchased. | Issuer | For | For | |
| Trimble Navigation Limited | 500,000 | TRMB | 896239100 | 5/19/09 | |
| 1.01-1.07 | Directors recommend for election | Issuer | For All | For All | |
| 2 | To approve an amendment to the stock purchase plan to increase the shares of company common stock reserved for issuance thereunder from 11,550,000 to 15,550,000 | Issuer | For | For | |
| 3 | Approve amendments to company's amended and restated 2002 stock plan to increase shares of company common stock reserved for grant and award thereunder from 12,000,000 to 20,000,000 and to approve the material terms of the stock awards that are intended to qualify as performance-based compensation for purposes of section 162(M) of the Internal Revenue code of 1986 as amended | Issuer | For | For | |
| 4 | To ratify the appointment of Ernst & Young LLP as the independent auditor of the company for the current fiscal year ending January 1, 2010 | Issuer | For | For | |
| 5 | to transact such other business as may properly come before the meeting or any adjournments) thereof | Issuer | For | For | |
| Intel Corporation | 650,000 | INTC | 458140100 | 5/20/09 | |
| 1A-1K | Directors recommend for election | Issuer | For All | For All | |
| 2 | Ratification of selection of Ernst & Young LLP as our independent registered public accounting firm for the current year | Issuer | For | For | |
| 3 | Amendment and extension of the 2006 equity incentive plan | Issuer | For | For | |
| 4 | Approval of an employee stock option exchange program | Issuer | For | For | |
| 5 | Advisory vote on executive compensation | Issuer | For | For | |
| 6 | Proposal: cumulative voting | Shareholder | Against | Against | |
| 7 | Proposal: Human right to water | Shareholder | Against | Against | |
| Pharmaceutical Product Development Inc | 250,000 | PPDI | 717124101 | 5/20/09 | |
| 1.01-1.08 | Directors recommend for election | Issuer | For All | For All | |
| 2 | To approve an amendment and restatement of the company's 1985 equity compensation plan which, among other things, increases the number of shares of our common stock reserved for issuance under the plan by 8,300,000 from 21, 259,004 to 29,559,004 shares | Issuer | For | For | |
| 3 | Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2009 | Issuer | For | For | |
| 4 | In their discretion, the proxies are authorized to vote upon such other matters as may properly come before the meeting | Issuer | For | For | |
| Genzyme Corporation | 130,000 | GENZ | 372917104 | 5/21/09 | |
| 1A-1H | Directors recommend for election | Issuer | For All | For All | |
| 2 | Proposal to amend the 2004 equity incentive plan to increase the number of shares of common stock available for issuance under the plan by 2,500,000 shares | Issuer | For | For | |
| 3 | Proposal to approve the 2009 employee stock purchase plan | Issuer | For | For | |
| 4 | Proposal to ratify the audit committee's selection of independent auditors for 2009 | Issuer | For | For | |
| Canadian Pacific Railway Limited | 175,000 | CP | 13645T100 | 5/21/09 | |
| 1 | Appointment of PricewaterhouseCoopers LLP as auditors | Issuer | For | For | |
| 2 | Approving the amendment of by-law No. 1 of the corporation, as described in the management proxy circular | Issuer | For | For | |
| 3.01-3.12 | Directors recommend for election | Issuer | For All | For All | |
| Sandisk Corporation | 135,000 | SNDK | 80004C101 | 5/27/09 | |
| 1.01-1.07 | Directors recommend for election | Issuer | For All | For All | |
| 2 | Ratify the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the fiscal year | Issuer | For | For | |
| 3 | Approve amendments to company's certificate of incorporation that would eliminate cumulative voting | Issuer | For | For | |
| 4 | Approve amendments to 2005 incentive plan that would increase number of authorized shares by an additional 5,000,000 shares | Issuer | For | For | |
| 5 | Approve amendments to 2005 incentive plan that would increase number of awards without cash consideration permitted | Shareholder | Against | Against | |
| 6 | Proposal relating to majority voting for directors, if properly presented at annual meeting | ||||
| 7 | Proposal relating to annual production of a detailed sustainability report by the company | Shareholder | Against | Against | |
| Amazon.com | 200,000 | AMZN | 023135106 | 5/28/09 | |
| 1 | Directors recommendation for election | Issuer | For | For all nominees | |
| 2 | Ratification of the appointment of Ernst & Young LLP as the company's independent auditors for 2009 | Issuer | For | For | |
| Noble Corporation | 200,000 | NE | H5833N103 | 5/28/09 | |
| 1 | Approval of the payment of a dividend through a reduction of the par value of the shares in an amount equal to Swiss francs 0.25 | Issuer | For | For | |
| 2.1-2.3 | Directors recommend for election | Issuer | For All | For All | |
| 3 | Approval of the appointment of PricewaterhouseCoopers LLP as Noble Corporation's independent registered public accounting firm for 2009 | Issuer | For | For | |
| 4 | Approval of an amendment of article 21 paragraph 1 (D) of the articles of association in order to limit the changes to authorized and conditional capital that require approval of at least 2/3 of the shares represented at a general meeting to an increase in the amount of the authorized or conditional share capital | Issuer | For | For | |
| Lowe's Companies Inc | 225,000 | LOW | 548661107 | 5/29/09 | |
| 1.01-1.04 | Directors recommend for election | Issuer | For All | For All | |
| 2 | Approve amendments to the company's 2006 long term incentive plan | Issuer | For | For | |
| 3 | Ratify the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm | Issuer | For | For | |
| 4 | Approve amendments to Lowe's articles of incorporation eliminating all remaining supermajority vote requirements | Issuer | For | For | |
| 5 | Proposal regarding reincorporating in North Dakota | Shareholder | Against | Against | |
| 6 | Proposal regarding health care reform principles | Shareholder | Against | Against | |
| 7 | Proposal regarding separating the roles of chairman and CEO | Shareholder | Against | Against | |
| Infosys Technologies Limited | 250,000 | INFY | 456788108 | 6/20/09 | |
| 1 | Receive, consider and adopt the balance sheet as at March 31, 2009 and the profit and loss account for the year ended on that date and the report of the directors and auditors thereon | Issuer | For | For | |
| 2 | Declare a final dividend for the financial year ended March 31, 2009 | Issuer | For | For | |
| 3-7 | Directors recommend for election | Issuer | For All | For All | |
| 8 | Appoint auditors to hold office from the conclusion of the annual general meeting held on June 20, 2009 until the conclusion of the next annual general meeting and to fix their remuneration | Issuer | For | For | |
| 9 | Appoint KV Kamath as director | Issuer | For | For | |
| Best Buy Co Inc | 350,000 | BBY | 086516-101 | 6/24/09 | |
| 1.01-1.08 | Election of recommended nominees | Issuer | For | For | |
| 2 | Ratification of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year that began on March 1, 2009 | Issuer | For | For | |
| 3 | Approval of amendments to our 2004 omnibus stock and incentive plan, as amended | Issuer | For | For | |
| 4 | Approval of amendment to article 1X of our amended and restated articles of incorporation to change approval required | Issuer | For | For | |
| 5 | Approval of an amendment to article 1X of our articles to decrease the shareholder approval required to amend article 1X | Issuer | For | For | |
| 6 | Approval of amendment to article 1X of our articles to decrease shareholder approval required to remove directors without cause | Issuer | For | For | |
| 7 | Approval of amendment to article 1X to decrease shareholder approval required to amend classified board provisions | Issuer | For | For | |
| 8 | Approval of an amendment to article X to decrease shareholder approval required for certain repurchases of stock | Issuer | For | For | |
| 9 | Approval of an amendment to article X of our articles to decrease the shareholder approval required to amend article X | Issuer | For | For | |
| 10 | In their discretion, the proxy agents are authorized to vote upon such other business as may properly come before the meeting | Issuer | For | Abstain | |
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 durly authorized.
AMANA MUTUAL FUNDS TRUST
By /s/ Nicholas Kaiser
Nicholas Kaiser, President
Date: August 27, 2009
