N-PX 1 dnpx.htm IVY FUNDS VARIABLE INSURANCE PORTFOLIOS Ivy Funds Variable Insurance Portfolios

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 811-5017

IVY FUNDS VARIABLE INSURANCE PORTFOLIOS

(Exact Name as Specified in Charter)

 

6300 Lamar Avenue, Overland Park, Kansas 66202-4200
(Address of Principal Executive Office) (Zip Code)
Kristen A. Richards, 6300 Lamar Avenue, Overland Park, Kansas 66202-4200

(Name and Address of Agent for Service)

Registrant’s Telephone Number, including Area Code (913) 236-2000

Date of fiscal year end: December 31

Date of reporting period: July 1, 2010 to June 30, 2011


IVY FUNDS VIP ASSET STRATEGY

Proxy Voting Record

 

Vote Summary Report    LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

  

 

 

   

HDFC Bank Limited

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

N/A

  30-Jun-10   India   Y3119P117     Annual   16-Jun-10   27,400   27,400   27,400   0

 

CUSIP: Y3119P117    ISIN: INE040A01018    SEDOL: 6100131    Proxy Level: N/A    Meeting ID: 576777

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

1       Accept Financial Statements and Statutory Reports

      Mgmt    Yes    For    For    For    For

Client Notes: 3.24

                    

Research Notes: Item 3.24

                    

2       Approve Dividend of INR 12 Per Share

      Mgmt    Yes    For    For    For    For

Client Notes: 3.18

                    

Research Notes: Item 3.18

                    

3       Reappoint C.M. Vasudev as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

4       Reappoint P. Palande as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

5       Approve BSR & Co. as Auditors and Authorize Board to Fix Their Remuneration

      Mgmt    Yes    For    For    For    For

Client Notes: 3.1a

                    

Research Notes: Item 3.1a

                    

6       Approve Reappointment and Remuneration of A. Puri as Managing Director

      Mgmt    Yes    For    For    Refer    For

Client Notes: 1.3a

                    

7       Approve Reappointment and Remuneration of H. Engineer as Executive Director

      Mgmt    Yes    For    For    Refer    For

Client Notes: 1.3a

                    

8       Approve Reappointment and Remuneration of P. Sukthankar as Executive Director

      Mgmt    Yes    For    For    Refer    For

Client Notes: 1.3a

                    

9       Approve Employee Stock Option Plan

      Mgmt    Yes    For    Against    Refer    For

Client Notes: 4.3a

                    

 

Page 1 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian
Account

 

Ballot
Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  610592862   Confirmed     27,400        27,400   
    Totals:     27,400        27,400   
     

 

 

   

 

 

 

Lenovo Group Limited (formerly Legend Group Limited)

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

N/A

  30-Jul-10   Hong Kong   Y5257Y107     Annual   27-Jul-10   7,550,000   7,550,000   7,550,000   0

 

CUSIP: Y5257Y107    ISIN: HK0992009065    SEDOL: 6218089    Proxy Level: N/A    Meeting ID: 591929

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

1       Accept Financial Statements and Statutory Reports

      Mgmt    Yes    For    For    For    For

Client Notes: 3.24

                    

Research Notes: Item 3.24

                    

2       Approve Final Dividend

      Mgmt    Yes    For    For    For    For

Client Notes: 3.18

                    

Research Notes: Item 3.18

                    

3a     Reelect Nicholas C. Allen as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

3b     Reelect Yang Yuanqing as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

3c     Reelect Zhu Linan as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

3d     Reelect James G. Coulter as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

3e     Reelect Ting Lee Sen as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

 

Page 2 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

3f      Authorize Board to Fix Remuneration of Directors

      Mgmt    Yes    For    For    Refer    For

Client Notes: 2.8a

                    

4       Reappoint PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration

      Mgmt    Yes    For    For    For    For

Client Notes: 3.1a

                    

Research Notes: Item 3.1a

                    

5       Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights

      Mgmt    Yes    For    Against    For    For

Client Notes: 3.9b

                    

Research Notes: Item 3.9b

                    

6       Authorize Repurchase of Up to 10 Percent of Issued Share Capital

      Mgmt    Yes    For    For    For    For

Client Notes: 3.21a

                    

Research Notes: Item 3.21a

                    

7       Authorize Reissuance of Repurchased Shares

      Mgmt    Yes    For    Against    For    For

Client Notes: 3.9b

                    

Research Notes: Item 3.9b

                    

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian
Account

 

Ballot
Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  610592862   Confirmed     7,550,000        7,550,000   
    Totals:     7,550,000        7,550,000   
     

 

 

   

 

 

 

NetApp, Inc.

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

NTAP

  31-Aug-10   USA   64110D104     Annual   06-Jul-10   357,200   357,200   357,200   0

 

CUSIP: 64110D104    ISIN: US64110D1046    SEDOL: 2630643    Proxy Level: 3    Meeting ID: 593853

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

1.1    Elect Director Jeffry R. Allen

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.2    Elect Director Alan L. Earhart

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

 

Page 3 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

1.3    Elect Director Thomas Georgens

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.4    Elect Director Gerald Held

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.5    Elect Director Nicholas G. Moore

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.6    Elect Director T. Michael Nevens

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.7    Elect Director George T. Shaheen

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.8    Elect Director Robert T. Wall

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.9    Elect Director Daniel J. Warmenhoven

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

2       Amend Omnibus Stock Plan

      Mgmt    Yes    For    For    Refer    For

Client Notes: 4.1

                    

3       Amend Qualified Employee Stock Purchase Plan

      Mgmt    Yes    For    For    Refer    For

Client Notes: 4.3b

                    

4       Ratify Auditors

      Mgmt    Yes    For    For    For    For

Client Notes: 3.1a

                    

Research Notes: Item 3.1a

                    

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian
Account

 

Ballot
Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  115980.1   Confirmed     357,200        357,200   
    Totals:     357,200        357,200   
     

 

 

   

 

 

 

Li & Fung Limited

 

Page 4 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

00494

  13-Sep-10   Hong Kong   G5485F144     Special     2,486,200   2,486,200   2,486,200   0

 

CUSIP: G5485F144    ISIN: BMG5485F1445    SEDOL: 6286257    Proxy Level: N/A    Meeting ID: 599076

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

1       Approve Scheme of Arrangement

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.5 per Ryan Caldwell

                    

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian
Account

 

Ballot
Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  610592862   Confirmed     2,486,200        2,486,200   
    Totals:     2,486,200        2,486,200   
     

 

 

   

 

 

 

NIKE, Inc.

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

NKE

  20-Sep-10   USA   654106103     Annual   26-Jul-10   153,300   153,300   153,300   0

 

CUSIP: 654106103    ISIN: US6541061031    SEDOL: 2640147    Proxy Level: 3    Meeting ID: 596423

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable

Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote

Instruction

1.1    Elect Director Jill K. Conway

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.2    Elect Director Alan B. Graf, Jr.

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.3    Elect Director John C. Lechleiter

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.4    Elect Director Phyllis M. Wise

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

2       Amend Executive Incentive Bonus Plan

      Mgmt    Yes    For    For    Refer    For

Client Notes: 4.1

                    

 

Page 5 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

3       Amend Omnibus Stock Plan

   Mgmt    Yes    For    For    Refer    For

Client Notes: 4.1

                 

4       Ratify Auditors

   Mgmt    Yes    For    For    For    For

Client Notes: 3.1a

                 

Research Notes: Item 3.1a

                 

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian
Account

 

Ballot
Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  115980.1   Confirmed     153,300        153,300   
    Totals:     153,300        153,300   
     

 

 

   

 

 

 

Industrial and Commercial Bank of China Limited

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

01398

  21-Sep-10   Hong Kong   Y3990B112     Special   13-Aug-10   46,889,700   46,889,700   46,889,700   0

 

CUSIP: Y3990B112    ISIN: CNE1000003G1    SEDOL: B1G1QD8    Proxy Level: N/A    Meeting ID: 595929

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

1a     Approve Type and Nominal Value of the Rights Shares

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.6

                    

1b     Approve Proportion and Number of the Rights Shares to be Issued

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.6

                    

1c     Approve Subscription Price for the Rights Shares

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.6

                    

1d     Approve Target Subscribers for the Rights Issue

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.6

                    

1e     Approve Use of Proceeds

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.6

                    

1f      Approve Effective Period of the Resolution

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.6

                    

1g     Approve Authorization for the Rights Issue

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.6

                    

2       Approve Arrangements for the Accumulated Undistributed Profits Prior to the Completion of the Rights Issue of A Shares and H Shares

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.18

                    

 

Page 6 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

3       Approve Feasibility Analysis Report on Use of Proceeds from the Rights Issue of A Shares and H Shares

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.24

                    

4       Approve Report on Utilization of Proceeds from Previous Issuances

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.24

                    

5       Authorize Board to Fix Remuneration of Directors and Supervisors

      Mgmt    Yes    For    For    Refer    For

Client Notes: 2.8a

                    

6       Elect Xu Shanda as Independent Non-Executive Director

                    

Client Notes: 2.6a

      Mgmt    Yes    For    For    For    For

Research Notes: Item 2.6a

                    

7       Elect Li Xiaopeng as Executive Director

      SH    Yes    None    For    Refer    For

Client Notes: 2.6a

                    

8       Approve Utilization of Proceeds from the Previous Issuance of A Share Convertible Bonds

      SH    Yes    None    For    Refer    For

Client Notes: 3.24

                    

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian
Account

 

Ballot
Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  610592862   Confirmed     46,889,700        46,889,700   
    Totals:     46,889,700        46,889,700   
     

 

 

   

 

 

 

Industrial and Commercial Bank of China Limited

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

01398

  21-Sep -10   Hong Kong   Y3990B112     Special   13-Aug-10   46,889,700   46,889,700   46,889,700   0

 

CUSIP: Y3990B112       ISIN: CNE1000003G1       SEDOL: B1G1QD8      Proxy Level: N/A    Meeting ID: 595930   

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

1a     Approve Types and Nominal Value of Securities to be Issued in Relation to the Rights Issue of A Shares and H Shares

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.6

                    

1b     Approve Proportion and Number of Shares to be Issued in Relation to the Rights Issue of A Shares and H Shares

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.6

                    

1c     Approve Subscription Price and Basis for Price Determination in Relation to the Rights Issue of A Shares and H Shares

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.6

                    

 

Page 7 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

1d     Approve Target Subscribers in Relation to the Rights Issue of A Shares and H Shares

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.6

                    

1e     Approve Amount and Use of Proceeds in Relation to the Rights Issue of A Shares and H Shares

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.6

                    

1f      Approve Effective Period of the Resolutions in Relation to the Rights Issue of A Shares and H Shares

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.6

                    

1g     Approve Authorization for the Rights Issue in Relation to the Rights Issue of A Shares and H Shares

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.6

                    

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian
Account

 

Ballot
Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  610592862   Confirmed     46,889,700        46,889,700   
    Totals:     46,889,700        46,889,700   
     

 

 

   

 

 

 

Seadrill Limited

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

N/A

  24-Sep-10   Bermuda   G7945E105     Annual   20-Jul-10   701,050   701,050   701,050   0

 

CUSIP: N/A    ISIN: N/A    SEDOL:B09RMQ1    Proxy Level: N/A    Meeting ID: 597053

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

1       Reelect John Fredriksen

      Mgmt    Yes    For    Against    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

2       Reelect Olav Troim as Director

      Mgmt    Yes    For    Against    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

3       Reelect Kate Blankenship as Director

      Mgmt    Yes    For    Against    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

4       Reelect Kjell E. Jacobsen as Director

      Mgmt    Yes    For    Against    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

 

Page 8 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

5       Reelect Kathrine Fredriksen as Director

     Mgmt    Yes    For    Against    For    For

Client Notes: 2.6a

                   

Research Notes: Item 2.6a

                   

6       Approve PricewaterhouseCoopers AS as Auditor and Authorize Board to Fix Their Remuneration

     Mgmt    Yes    For    For    For    For

Client Notes: 3.1a

                   

Research Notes: Item 3.1a

                   

7       Approve Remuneration of Directors

     Mgmt    Yes    For    For    Refer    For

Client Notes: 2.8a

                   

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian
Account

 

Ballot
Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  610592862   Confirmed     701,050        701,050   
    Totals:     701,050        701,050   
     

 

 

   

 

 

 

China Resources Land Ltd. (frmrly. China Resources Beijing L

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

01109

  01-Nov-10   Hong Kong   G2108Y105     Special     3,068,000   3,068,000   3,068,000   0

 

CUSIP: G2108Y105    ISIN: KYG2108Y1052    SEDOL: 6193766    Proxy Level: N/A    Meeting ID: 605307

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable

Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

1       Approve Acquisition of the Entire Equity Interest in Fast Lead Investments Ltd. from Central New Investments Limited and the Alllotment and Issue of 348 Million Consideration Shares

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.5 Per Mike Avery

                    

2       Approve Provision of Construction Services, Decoration Services and Furniture Services Framework Agreement and Related Annual Caps

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.5 Per Mike Avery

                    

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian
Account

 

Ballot
Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  610592862   Confirmed     3,068,000        3,068,000   
    Totals:     3,068,000        3,068,000   
     

 

 

   

 

 

 

Ping An Insurance (Group) Co. of China, Ltd.

 

 

Page 9 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

02318

  01-Nov-10   Hong Kong   Y69790106     Special   29-Sep-10   385,000   385,000   385,000   0

 

CUSIP: Y69790106    ISIN: CNE1000003X6    SEDOL: B01FLR7    Proxy Level: N/A    Meeting ID: 601635

 

Voting Policy: Waddell & Reed

  

Ballot Count: 3

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

Ordinary Business

      Mgmt    No            

1       Approve Adjustment of Remuneration Domestic Persons of the Company Acting as Independent Non-Executive Directors

      Mgmt    Yes    For    For    Refer    For

Client Notes: 2.8a

                    

Special Business

      Mgmt    No            

2a     Approve Means of Major Asset Restructuring, Object of the Transaction, and Parties to the Transaction

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.5 per M. Avery

                    

2b     Approve Transaction Price and Basis of Pricing Involved in the Major Asset Restructuring

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.5 per M. Avery

                    

2c     Approve Vesting of Profit or Loss from the Relevant Assets from the Base Date of Asset Pricing to the Completion Date

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.5 per M. Avery

                    

2d     Approve Contract Obligations and Default Liabilities under the Transfer of Ownership of Relevant Assets

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.5 per M. Avery

                    

2e     Approve Validity Period of the Resolution of the Major Asset Restructuring

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.5 per M. Avery

                    

3       Approve Supplemental Agreement to the Share Subscription Agreement between the Company and SDB

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.5 per M. Avery

                    

4       Approve Profits Forecast Compensation Agreement between the Company and SDB

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.5 per M. Avery

                    

5       Authorize Board to Process Matter Relating to the Major Asset Restructuring of the Company

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.5 per M. Avery

                    

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian

Account

 

Ballot

Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  610592862   Confirmed     385,000        385,000   
    Totals:     385,000        385,000   
     

 

 

   

 

 

 

 

Page 10 of 79


Vote Summary Report    LOGO

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

  

 

China Resources Land Ltd. (frmrly. China Resources Beijing L

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

01109

  23-Dec-10   Hong Kong   G2108Y105     Special     0   0   0   0

 

CUSIP: G2108Y105    ISIN: KYG2108Y1052    SEDOL: 6193766    Proxy Level: N/A    Meeting ID: 613009

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

1       Approve Master Lending Agreements and the Related Annual Caps

      Mgmt    Yes    For    Against    Refer    For

Client Notes: 3.5 Per Mike Avery

                    

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian
Account

 

Ballot
Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  610592862   Confirmed     0        0   
    Totals:     0        0   
     

 

 

   

 

 

 

China Railway Construction Corporation Ltd.

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

601186

  28-Dec-10   Hong Kong   Y1508P102     Special   26-Nov-10   1,980,500   1,980,500   1,980,500   0

 

CUSIP: Y1508P102    ISIN: CNE1000009T1    SEDOL: B2PPPG4    Proxy Level: N/A    Meeting ID: 610312

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable

Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote

Instruction

1       Elect Meng Fengchao as Executive Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

2       Approve Interim Dividend

      Mgmt    Yes    For    For    For    For

Client Notes: 3.18

                    

Research Notes: Item 3.18

                    

3       Approve Changes of the Use of the H Share Proceeds

      Mgmt    Yes    For    For    Refer    For

Client Notes: 99

                    

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian
Account

 

Ballot
Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  610592862   Confirmed     1,980,500        1,980,500   
    Totals:     1,980,500        1,980,500   
     

 

 

   

 

 

 

 

Page 11 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

China Railway Group Limited

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

601390

  27-Jan-11   Hong Kong   Y1509D108     Special   06-Jan-11   3,673,000   3,673,000   3,673,000   0

 

CUSIP: Y1509D108    ISIN: CNE100000866    SEDOL: B292YZ3    Proxy Level: N/A    Meeting ID: 613892

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote

Instruction

Special Business

      Mgmt    No            

1       Approve Change on the Use of Part of the Proceeds from the H Share Offering of the Company

      Mgmt    Yes    For    For    Refer    For

Client Notes: 99

                    

2       Amend Articles of Association of the Company

      SH    Yes    None    For    Refer    For

Client Notes: 3.23c

                    

Ordinary Business

      Mgmt    No            

3a     Elect Li Changjin as Executive Director

      SH    Yes    None    For    Refer    For

Client Notes: 2.6a

                    

3b     Elect Bai Zhongren as Executive Director

      SH    Yes    None    For    Refer    For

Client Notes: 2.6a

                    

3c     Elect Yao Guiqing as Executive Director

      SH    Yes    None    For    Refer    For

Client Notes: 2.6a

                    

3d     Elect Han Xiuguo as Non-Executive Director

      SH    Yes    None    For    Refer    For

Client Notes: 2.6a

                    

3e     Elect He Gong as Independent Non-Executive Director

      SH    Yes    None    For    Refer    For

Client Notes: 2.6a

                    

3f      Elect Gong Huazhang as Independent Non-Executive Director

      SH    Yes    None    For    Refer    For

Client Notes: 2.6a

                    

3g     Elect Wang Taiwen as Independent Non-Executive Director

      SH    Yes    None    For    Refer    For

Client Notes: 2.6a

                    

3h     Elect Sun Patrick as Independent Non-Executive Director

      SH    Yes    None    For    Refer    For

Client Notes: 2.6a

                    

3i      Elect Wang Qiuming as Shareholder Representative Supervisor

      SH    Yes    None    For    Refer    For

Client Notes: 2.6a

                    

3j      Elect Chen Wenxin as Shareholder Representative Supervisor

      SH    Yes    None    For    Refer    For

Client Notes: 2.6a

                    

 

Page 12 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

Special Business

      Mgmt    No            

4       Approve Issuance of Short Term Bonds in the Principal Amount not Exceeding RMB 19 Billion in Single or Multiple Tranches

      SH    Yes    None    For    Refer    For

Client Notes: 99

                    

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian

Account

 

Ballot

Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  610592862   Confirmed     3,673,000        3,673,000   
    Totals:     3,673,000        3,673,000   
     

 

 

   

 

 

 

Banco Santander Brasil SA

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

SANB4

  28-Jan-11   Brazil   P1505Z137     Special     501,300   501,300   501,300   0

 

CUSIP: P1505Z137    ISIN: BRSANBACNPR5    SEDOL: 2835578    Proxy Level: N/A    Meeting ID: 615253

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

1       Elect Board Chairman

      Mgmt    Yes    For    For    Refer    For

Client Notes: 2.6a

                    

2       Elect Board Vice-Chairman

      Mgmt    Yes    For    For    Refer    For

Client Notes: 2.6a

                    

3       Confirm Board Composition

      Mgmt    Yes    For    For    Refer    For

Client Notes: 2.1b

                    

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian

Account

 

Ballot

Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  610592862   Confirmed     501,300        501,300   
    Totals:     501,300        501,300   
     

 

 

   

 

 

 

Apple Inc.

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

AAPL

  23-Feb-11   USA   037833100     Annual   27-Dec-10   98,900   98,900   98,900   0

 

CUSIP: 037833100    ISIN: US0378331005    SEDOL: 2046251    Proxy Level: 3    Meeting ID: 616447

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable

Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote

Instruction

 

Page 13 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

1.1    Elect Director William V. Campbell

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.2    Elect Director Millard S. Drexler

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.3    Elect Director Albert A. Gore, Jr.

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.4    Elect Director Steven P. Jobs

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.5    Elect Director Andrea Jung

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.6    Elect Director Arthur D. Levinson

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.7    Elect Director Ronald D. Sugar

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

2       Ratify Auditors

      Mgmt    Yes    For    For    For    For

Client Notes: 3.1a

                    

Research Notes: Item 3.1a

                    

3       Advisory Vote to Ratify Named Executive Officers’ Compensation

      Mgmt    Yes    For    For    Refer    For

Client Notes: 5.1d

                    

4       Advisory Vote on Say on Pay Frequency

      Mgmt    Yes    One Year    One Year    One Year    One Year

Client Notes: 5.5b

                    

Research Notes: Item 5.5b

                    

5       Adopt Policy on Succession Planning

      SH    Yes    Against    For    Refer    Against

Client Notes: 99: per Zack Shafran

                    

 

Page 14 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

6       Require a Majority Vote for the Election of Directors

      SH    Yes    Against    For    For    For

Client Notes: 7.6a

                    

Research Notes: Item 7.6a - We will vote FOR proposals requiring a majority of votes, as long as the proposal has a back-up plan for those cases where no one receives a majority of the votes.

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian

Account

 

Ballot

Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  115980.1   Confirmed     98,900        98,900   
    Totals:     98,900        98,900   
     

 

 

   

 

 

 

Shangri-la Asia Ltd.

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

00069

  28-Feb-11   Hong Kong   G8063F106     Special     876,000   876,000   876,000   0

 

CUSIP: G8063F106    ISIN: BMG8063F1068    SEDOL: 6771032    Proxy Level: N/A    Meeting ID: 619340

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

1       Reelect Gregory Allan Dogan as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

2       Approve Shenyang SPA, Shenyang JV Agreement and Related Transactions

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.5 Per Mike Avery

                    

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian

Account

 

Ballot

Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  610592862   Confirmed     876,000        876,000   
    Totals:     876,000        876,000   
     

 

 

   

 

 

 

Hyundai Motor Co.

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

005380

  11-Mar-11   South Korea   Y38472109     Annual   31-Dec-10   243,600   243,600   243,600   0

 

CUSIP: Y38472109    ISIN: KR7005380001    SEDOL: 6451055    Proxy Level: N/A    Meeting ID: 618620

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

 

Page 15 of 79


Vote Summary Report   LOGO

 

Report was run from: 7/1/09 to 6/30/10

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

1       Approve Appropriation of Income and Dividend of KRW 1,500 per Common Share

      Mgmt    Yes    For    For    For    For

Client Notes: 3.18

                    

Research Notes: Item 3.18

                    

2       Elect Two Inside Directors and Two Outside Directors (Bundled)

      Mgmt    Yes    For    Against    Refer    For

Client Notes: 2.6a

                    

3       Elect Oh Se-Bin as Member of Audit Committee

      Mgmt    Yes    For    For    Refer    For

Client Notes: 2.6a

                    

4       Amend Articles of Incorporation

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.23c

                    

5       Approve Total Remuneration of Inside Directors and Outside Directors

      Mgmt    Yes    For    For    Refer    For

Client Notes: 2.8a

                    

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian

Account

 

Ballot

Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  610592862   Confirmed     243,600        243,600   
    Totals:     243,600        243,600   
     

 

 

   

 

 

 

LVMH Moet Hennessy Louis Vuitton

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

MC

  31-Mar-11   France   F58485115   Annual/Special   28-Mar-11   164,500   164,500   164,500   0

 

CUSIP: F58485115    ISIN: FR0000121014    SEDOL: 4061412    Proxy Level: N/A    Meeting ID: 613534

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

Ordinary Business

      Mgmt    No            

1       Approve Financial Statements and Statutory Reports

      Mgmt    Yes    For    For    For    For

Client Notes: 3.24

                    

Research Notes: Item 3.24

                    

2       Accept Consolidated Financial Statements and Statutory Reports

      Mgmt    Yes    For    For    For    For

Client Notes: 3.24

                    

Research Notes: Item 3.24

                    

3       Approve Auditors’ Special Report on Related-Party Transactions

      Mgmt    Yes    For    Against    Refer    Against

Client Notes: 3.5 Lack of disclosure

                    

 

Page 16 of 47


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

4       Approve Allocation of Income and Dividends of EUR 2.10 per Share

      Mgmt    Yes    For    For    For    For

Client Notes: 3.18

                    

Research Notes: Item 3.18

                    

5       Elect Delphine Arnault as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

6       Elect Nicolas Bazire as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

7       Elect Antonio Belloni as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

8       Elect Charles de Croisset as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

9       Elect Diego Della Valle as Director

      Mgmt    Yes    For    Against    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

10     Elect Pierre Gode as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

11     Elect Gilles Hennessy as Director

      Mgmt    Yes    For    Against    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

12     Elect Marie-Josee Kravis as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

13     Appoint Patrick Houel as Censor

      Mgmt    Yes    For    For    Refer    For

Client Notes: 2.6a

                    

14     Authorize Repurchase of Up to 10 Percent of Issued Share Capital

      Mgmt    Yes    For    For    For    For

Client Notes: 3.21a

                    

Research Notes: Item 3.21a

                    

 

Page 17 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

15     Authorize Capitalization of Reserves of Up to EUR 50 Million for Bonus Issue or Increase in Par Value

      Mgmt    Yes    For    For    Refer    For

Client Notes: 3.18a

                    

Extraordinary Business

      Mgmt    No            

16     Approve Reduction in Share Capital via Cancellation of Repurchased Shares

      Mgmt    Yes    For    For    For    For

Client Notes: 3.22a

                    

Research Notes: Item 3.22a

                    

17     Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 50 Million

      Mgmt    Yes    For    For    For    For

Client Notes: 3.9b

                    

Research Notes: Item 3.9b

                    

18     Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 50 Million

      Mgmt    Yes    For    Against    Refer    For

Client Notes: 3.9b Per Zack Shafran

                    

19     Approve Issuance of Shares up to 20 Percent of Issued Capital Per Year for a Private Placement up to EUR 50 Million Reserved for Qualified Investors or Restricted Number of Investors

      Mgmt    Yes    For    Against    Refer    For

Client Notes: 3.9b Per Zack Shafran

                    

20     Authorize Board to Set Issue Price for 10 Percent Per Year of Issued Capital Pursuant to Issue Authority without Preemptive Rights under Items 18 and 19 Above

      Mgmt    Yes    For    Against    Refer    For

Client Notes: 3.9b Per Zack Shafran

                    

21     Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Above

      Mgmt    Yes    For    Against    Refer    For

Client Notes: 3.9b Per Zack Shafran

                    

22     Authorize Capital Increase of Up to EUR 50 Million for Future Exchange Offers

      Mgmt    Yes    For    Against    Refer    For

Client Notes: 3.9b Per Zack Shafran

                    

23     Authorize Capital Increase of up to 10 Percent of Issued Capital for Future Acquisitions

      Mgmt    Yes    For    Against    Refer    For

Client Notes: 3.9b

                    

24     Approve Employee Stock Purchase Plan

      Mgmt    Yes    For    For    Refer    For

Client Notes: 4.3b

                    

25     Set Total Limit for Capital Increase to Result from All Issuance Requests Above at EUR 50 Million

      Mgmt    Yes    For    For    For    For

Client Notes: 3.9b

                    

Research Notes: Item 3.9b

                    

 

Page 18 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

26     Authorize up to 1 Percent of Issued Capital for Use in Restricted Stock Plan

      Mgmt    Yes    For    Against    Refer    For

Client Notes: 4.1

                    

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian
Account

 

Ballot
Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  610592862   Confirmed     164,500        164,500   
    Totals:     164,500        164,500   
     

 

 

   

 

 

 

Schlumberger Limited

 

Ticker  

Meeting Date

 

Country

  Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

SLB

  06-Apr-11   NetherlandsAntilles   806857108     Annual   16-Feb-11   314,600   314,600   314,600   0

 

CUSIP: 806857108    ISIN: AN8068571086    SEDOL: 2779201    Proxy Level: N/A    Meeting ID: 622547

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

1.1    Elect Director Philippe Camus

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.2    Elect Director Peter L.S. Currie

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.3    Elect Director Andrew Gould

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.4    Elect Director Tony Isaac

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.5    Elect Director K. Vaman Kamath

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.6    Elect Director Nikolay Kudryavtsev

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

 

Page 19 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

1.7      Elect Director Adrian Lajous

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.8      Elect Director Michael E. Marks

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.9      Elect Director Elizabeth Moler

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.10    Elect Director Leo Rafael Reif

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.11    Elect Director Tore I. Sandvold

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.12    Elect Director Henri Seydoux

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.13    Elect Director Paal Kibsgaard

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.14    Elect Director Lubna S. Olayan

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

2          Advisory Vote to Ratify Named Executive Officers’ Compensation

      Mgmt    Yes    For    For    Refer    For

Client Notes: 5.1d

                    

3          Advisory Vote on Say on Pay Frequency

      Mgmt    Yes    Two Years    One Year    One Year    One Year

Client Notes: 5.5b

                    

Research Notes: Item 5.5b

                    

4          Increase Authorized Common Stock

      Mgmt    Yes    For    For    For    For

Client Notes: 3.6

                    

Research Notes: Item 3.6

                    

5          Adopt Plurality Voting for Contested Election of Directors

      Mgmt    Yes    For    For    Refer    For

Client Notes: 7.6a

                    

 

Page 20 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

6       Adopt and Approve Financials and Dividends

   Mgmt    Yes    For    For    For    For

Client Notes: 1.3a

                 

Research Notes: Item 1.3a

                 

7       Ratify PricewaterhouseCoopers LLP as Auditors

   Mgmt    Yes    For    For    For    For

Client Notes: 3.1a

                 

Research Notes: Item 3.1a

                 

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian
Account

 

Ballot
Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  115980.1   Confirmed     314,600        314,600   
    Totals:     314,600        314,600   
     

 

 

   

 

 

 

Volvo AB

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

VOLVB

  06-Apr-11   Sweden   928856301     Annual   31-Mar-11   1,104,400   1,104,400   1,104,400   0

 

CUSIP: 928856301    ISIN: SE0000115446    SEDOL: B1QH830    Proxy Level: N/A    Meeting ID: 614565

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

1       Open Meeting

      Mgmt    No            

2       Elect Sven Unger as Chairman of Meeting

      Mgmt    Yes    For    For    For    For

Client Notes: 2.13

                    

Research Notes: Item 2.13

                    

3       Prepare and Approve List of Shareholders

      Mgmt    Yes    For    For    For    For

Client Notes: 2.14a

                    

Research Notes: Item 2.14a

                    

4       Approve Agenda of Meeting

      Mgmt    Yes    For    For    For    For

Client Notes: 2.14a

                    

Research Notes: Item 2.14a

                    

5       Designate Inspector(s) of Minutes of Meeting

      Mgmt    Yes    For    For    For    For

Client Notes: 2.14a

                    

Research Notes: Item 2.14a

                    

6       Acknowledge Proper Convening of Meeting

      Mgmt    Yes    For    For    For    For

Client Notes: 2.14a

                    

Research Notes: Item 2.14a

                    

 

Page 21 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

7       Receive Board and Committee Reports

      Mgmt    No            

8       Receive Financial Statements and Statutory Reports; Receive Auditor’s Report; Receive CEO’s Review

      Mgmt    No            

9       Approve Financial Statements and Statutory Reports

      Mgmt    Yes    For    For    For    For

Client Notes: 3.24a

                    

Research Notes: Item 3.24

                    

10     Approve Allocation of Income and Dividends of SEK 2.50 per Share

      Mgmt    Yes    For    For    For    For

Client Notes: 3.18

                    

Research Notes: Item 3.18

                    

11     Approve Discharge of Board and President

      Mgmt    Yes    For    For    For    For

Client Notes: 3.25

                    

Research Notes: Item 3.25

                    

12     Determine Number of Members (9) and Deputy Members (0) of Board

      Mgmt    Yes    For    For    Refer    For

Client Notes: 2.1b

                    

13     Approve Remuneration of Directors in the Amount of SEK 1.8 Million for the Chairman and SEK 600,000 for Other Members; Approve Remuneration for Committee Work

      Mgmt    Yes    For    For    Refer    For

Client Notes: 2.8a

                    

14     Reelect Peter Bijur, Jean-Baptiste Duzan, Leif Johansson, Hanne de Mora, Anders Nyren, Louis Schweitzer (Chair), Ravi Venkatesan, Lars Westerberg, and Ying Yeh as Directors

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

15     Elect Louis Schweitzer, Jean-Baptiste Duzan, Carl-Olof By, Lars Forberg, and Hakan Sandberg as Members of Nominating Committee; Approve Omission of Remuneration of Nominating Committee

      Mgmt    Yes    For    For    Refer    For

Client Notes: 2.6a

                    

16     Approve Remuneration Policy And Other Terms of Employment For Executive Management

      Mgmt    Yes    For    For    Refer    For

Client Notes: 4.11

                    

Shareholder Proposals

      Mgmt    No            

17     Amend Articles Re: Share Classes and Share Limits; Allow Voluntary Conversion of Class-A Shares into Class-B Shares

      SH    Yes    None    For    Refer    For

Client Notes: 3.23c

                    

Management Proposals

      Mgmt    No            

18a   Approve 2011-2013 Share Matching Plan

      Mgmt    Yes    For    For    Refer    For

Client Notes: 4.1

                    

 

Page 22 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

18b     Approve Transfer of Shares to Participants of the 2011-2013 Share Matching Plan

      Mgmt    Yes    For    For    Refer    For

Client Notes: 4.1

                    

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian
Account

 

Ballot
Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  610592862   Confirmed     1,104,400        1,104,400   
    Totals:     1,104,400        1,104,400   
     

 

 

   

 

 

 

ASML Holding NV

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

N/A

  20-Apr-11   Netherlands   N07059178     Annual   23-Mar-11   318,700   318,700   318,700   0

 

CUSIP: N07059178    ISIN: NL0006034001    SEDOL: 5949368    Proxy Level: N/A    Meeting ID: 612942

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

AnnualMeeting

      Mgmt    No            

1       Open Meeting

      Mgmt    No            

2       Discuss the Company’s Business and Finacial Situation

      Mgmt    No            

3       Approve Financial Statements and Statutory Reports

      Mgmt    Yes    For    For    For    For

Client Notes: 3.24a

                    

Research Notes: Item 3.24

                    

4       Approve Discharge of Management Board

      Mgmt    Yes    For    For    For    For

Client Notes: 3.25

                    

Research Notes: Item 3.25

                    

5       Approve Discharge of Supervisory Board

      Mgmt    Yes    For    For    For    For

Client Notes: 3.25

                    

Research Notes: Item 3.25

                    

6       Receive Explanation on Company’s Reserves and Dividend Policy

      Mgmt    No            

7       Approve Dividends of EUR 0.40 Per Share

      Mgmt    Yes    For    For    For    For

Client Notes: 3.18

                    

Research Notes: Item 3.18

                    

8       Amend Articles Re: Legislative Changes

      Mgmt    Yes    For    For    For    For

Client Notes: 3.23b

                    

Research Notes: Item 3.2a

                    

 

Page 23 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

9          Approve the Numbers of Stock Options, Respectively Shares for Employees

      Mgmt    Yes    For    For    Refer    For

Client Notes: 4.1

                    

10a     Reelect W.T. Siegle to Supervisory Board

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

10b     Reelect J.W.B. Westerburgen to Supervisory Board

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

11       Announcement of Retirement of Supervisory Board Members O. Bilous, F.W. Froehlich, A.P.M. van der Poel by Rotation in 2012.

      Mgmt    No            

12       Approve Remuneration of Supervisory Board

      Mgmt    Yes    For    For    Refer    For

Client Notes: 2.8a

                    

13a     Grant Board Authority to Issue Shares Up to 5 Percent of Issued Capital

      Mgmt    Yes    For    For    For    For

Client Notes: 3.9b

                    

Research Notes: Item 3.9b

                    

13b     Authorize Board to Exclude Preemptive Rights from Issuance under Item 13a

      Mgmt    Yes    For    For    For    For

Client Notes: 3.9b

                    

Research Notes: Item 3.9b

                    

13c     Grant Board Authority to Issue Additional Shares of up to 5 Percent in Case of Takeover/Merger

      Mgmt    Yes    For    For    For    For

Client Notes: 3.9b

                    

Research Notes: Item 3.9b

                    

13d     Authorize Board to Exclude Preemptive Rights from Issuance under Item 13c

      Mgmt    Yes    For    For    For    For

Client Notes: 3.9b

                    

Research Notes: Item 3.9b

                    

14       Authorize Repurchase Shares

      Mgmt    Yes    For    For    For    For

Client Notes: 3.21a

                    

Research Notes: Item 3.21a

                    

15       Authorize Cancellation of Repurchased Shares

      Mgmt    Yes    For    For    For    For

Client Notes: 3.22a

                    

Research Notes: Item 3.22a

                    

16       Authorize Additionnal Cancellation of Repurchased Shares

      Mgmt    Yes    For    For    For    For

Client Notes: 3.22a

                    

Research Notes: Item 3.22a

                    

 

Page 24 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

17     Other Business

      Mgmt    No         

18     Close Meeting

      Mgmt    No         

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

  Custodian
Account
    Ballot
Status
    Available     Voted  

90 Ivy VIP Asset Strategy, 90

    610592862        Confirmed        318,700        318,700   
      Totals:        318,700        318,700   
       

 

 

   

 

 

 

Teck Resources Limited

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

TCK.B

  20-Apr-11   Canada   878742204     Annual   01-Mar-11   126,200   126,200   126,200   0

 

CUSIP: 878742204    ISIN: CA8787422044    SEDOL: 2879327    Proxy Level: 2    Meeting ID: 619289

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

Meeting for Class A Common Shares and Class B Subordinate Voting Shareholders

      Mgmt    No            

1.1    Elect I. Abe as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.2    Elect M.M. Ashar as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.3    Elect J. B. Aune as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.4    Elect J. H. Bennett as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.5    Elect H. J. Bolton as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.6    Elect F. P. Chee as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

 

Page 25 of 79


Vote Summary Report

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

   LOGO

 

1.7      Elect J. L. Cockwell as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.8      Elect N. B. Keevil as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.9      Elect N. B. Keevil III as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.10    Elect T. Kuriyama as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.11    Elect D. R. Lindsay as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.12    Elect J. G. Rennie as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.13    Elect W.S.R. Seyffert as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

1.14    Elect C. M. Thompson as Director

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

2          Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration

      Mgmt    Yes    For    For    For    For

Client Notes: 3.1a

                    

Research Notes: Item 3.1a

                    

3          Advisory Vote on Executive Compensation Approach

      Mgmt    Yes    For    For    Refer    For

Client Notes: 5.1d

                    

 

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

 

Custodian
Account

 

Ballot
Status

  Available     Voted  

90 Ivy VIP Asset Strategy, 90

  610592862   Confirmed     126,200        126,200   
    Totals:     126,200        126,200   
     

 

 

   

 

 

 

 

Page 26 of 79


Vote Summary Report   LOGO

 

Report was run from: 6/30/10 to 7/1/11

 

Location(s): Waddell & Reed Investment Management Company

 

Institution Account(s): 90 Ivy VIP Asset Strategy

 

 

Honeywell International Inc.

 

Ticker  

Meeting Date

  Country   Security ID   Meeting Type   Record Date   Shares Voted   Shares Instructed   Shares Available   Shares on Loan

HON

  25-Apr-11   USA   438516106     Annual   25-Feb-11   233,500   233,500   233,500   0

 

CUSIP: 438516106    ISIN: US4385161066    SEDOL: 2020459    Proxy Level: 3    Meeting ID: 627647

 

Voting Policy: Waddell & Reed

  

Ballot Count: 1

  

Proponent

  

Votable
Proposal

  

Mgmt Rec

  

ISS Rec

  

Policy Rec

  

Vote
Instruction

1       Elect Director Gordon M. Bethune

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

2       Elect Director Kevin Burke

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a

                    

Research Notes: Item 2.6a

                    

3       Elect Director Jaime Chico Pardo

      Mgmt    Yes    For    For    For    For

Client Notes: 2.6a