proxy advisor

(1) (Except for FEES 4.2)198 181a legal person that analyses, on a professional and commercial basis, the corporate disclosure and, where relevant, other information of listed companies, with a view to informing investors’ voting decisions by providing research, advice or voting recommendations that relate to the exercise of voting rights.

(2) (In FEES 4.2) a person as defined in regulation 2 of the Proxy Advisors (Shareholders’ Rights) Regulations 2019.198