Americas Gold and Silver (USA) Proxy Filing summary

Executive summary

• The 2024 Joint Annual Meeting of Shareholders for two funds is scheduled for August 28, 2024, in Boston, with voting on key proposals and board elections.

• Shareholders are urged to vote on a new portfolio management agreement, the election of directors/trustees, and other business as may arise.

• Proxy materials are available online, and multiple voting methods are provided to maximize participation.

Voting matters and shareholder proposals

• Proposal 1 seeks approval of a new Portfolio Management Agreement for the Growth Fund, appointing Westfield Capital Management as a new portfolio manager.

• Proposals 2 and 3 involve the election of two directors for the Growth Fund and two trustees for the Equity Fund, each to serve three-year terms.

• The Boards unanimously recommend voting FOR all proposals and nominees.

• Shareholder proposals for future meetings must be submitted within specified deadlines and with required information.

Board of directors and corporate governance

• Both funds are overseen by independent Boards, each divided into three classes with staggered three-year terms.

• The Boards regularly review fund operations, investment activities, and compliance, assisted by independent counsel and auditors.

• The Nominating and Governance Committee, composed entirely of independent members, reviews board effectiveness and considers shareholder nominations.

• Board and committee self-evaluations are conducted annually to ensure effective governance.

• Trustees and directors have diverse backgrounds in investment management, finance, and academia.