N-PX 1 d31018dnpx.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)
Philip A. Shipp, 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, 2014 to June 30, 2015


IVY FUNDS VIP ASSET STRATEGY

Proxy Voting Record

Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

Macau Legend Development Ltd.

 

Meeting Date:    07/03/2014    Country:    Cayman Islands    Primary Security ID:    G57361100
Record Date:    06/27/2014    Meeting Type:    Special    Ticker:    01680

 

Shares Voted:   4,687,000          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1   Approve VIE Agreements and Related Transactions    Mgmt    For    Refer    For

Macau Legend Development Ltd.

 

Meeting Date:    07/03/2014    Country:    Cayman Islands    Primary Security ID:    G57361100
Record Date:    06/27/2014    Meeting Type:    Special    Ticker:    01680

 

Shares Voted:   4,687,000          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1   Approve Supplemental Connected Procurement Agreements and New Annual Caps    Mgmt    For    Refer    For
2   Approve Supplemental Chong Son Construction Services Agreement and New Annual Caps    Mgmt    For    Refer    For

SABMiller plc

 

Meeting Date:    07/24/2014    Country:    United Kingdom    Primary Security ID:    G77395104
Record Date:    07/22/2014    Meeting Type:    Annual    Ticker:    SAB

 

Shares Voted:   23,400          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1   Accept Financial Statements and Statutory Reports    Mgmt    For    For    For
2   Approve Remuneration Report    Mgmt    For    For    For
3   Approve Remuneration Policy    Mgmt    For    Refer    For
4   Re-elect Mark Armour as Director    Mgmt    For    For    For
5   Re-elect Geoffrey Bible as Director    Mgmt    For    For    For
6   Re-elect Alan Clark as Director    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

SABMiller plc

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

7   Re-elect Dinyar Devitre as Director    Mgmt    For    For    For
8   Re-elect Guy Elliott as Director    Mgmt    For    For    For
9   Re-elect Lesley Knox as Director    Mgmt    For    For    For
10   Re-elect John Manser as Director    Mgmt    For    For    For
11   Re-elect John Manzoni as Director    Mgmt    For    For    For
12   Re-elect Dr Dambisa Moyo as Director    Mgmt    For    For    For
13   Re-elect Carlos Perez Davila as Director    Mgmt    For    For    For
14   Re-elect Alejandro Santo Domingo Davila as Director    Mgmt    For    For    For
15   Re-elect Helen Weir as Director    Mgmt    For    For    For
16   Re-elect Howard Willard as Director    Mgmt    For    For    For
17   Re-elect Jamie Wilson as Director    Mgmt    For    For    For
18   Approve Final Dividend    Mgmt    For    For    For
19   Reappoint PricewaterhouseCoopers LLP as Auditors    Mgmt    For    For    For
20   Authorise Board to Fix Remuneration of Auditors    Mgmt    For    For    For
21   Authorise Issue of Equity with Pre-emptive Rights    Mgmt    For    For    For
22   Approve Employee Share Purchase Plan    Mgmt    For    Refer    For
23   Approve Sharesave Plan    Mgmt    For    For    For
24   Establish Supplements or Appendices to the Employee Share Purchase Plan or the Sharesave Plan    Mgmt    For    Refer    For
25   Authorise Issue of Equity without Pre-emptive Rights    Mgmt    For    For    For
26   Authorise Market Purchase of Ordinary Shares    Mgmt    For    For    For
27   Authorise the Company to Call EGM with Two Weeks’ Notice    Mgmt    For    For    For

Precision Castparts Corp.

 

Meeting Date:    08/12/2014    Country:    USA    Primary Security ID:    740189105
Record Date:    06/10/2014    Meeting Type:    Annual    Ticker:    PCP


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Precision Castparts Corp.

 

Shares Voted:   31,800          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Mark Donegan    Mgmt    For    For    For
1b   Elect Director Don R. Graber    Mgmt    For    For    For
1c   Elect Director Lester L. Lyles    Mgmt    For    For    For
1d   Elect Director Daniel J. Murphy    Mgmt    For    For    For
1e   Elect Director Vernon E. Oechsle    Mgmt    For    For    For
1f   Elect Director Ulrich Schmidt    Mgmt    For    For    For
1g   Elect Director Richard L. Wambold    Mgmt    For    For    For
1h   Elect Director Timothy A. Wicks    Mgmt    For    For    For
2   Ratify Auditors    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
4   Pro-rata Vesting of Equity Awards    SH    Against    Refer    Against

BHP Billiton plc

 

Meeting Date:    10/23/2014    Country:    United Kingdom    Primary Security ID:    G10877101
Record Date:    10/21/2014    Meeting Type:    Annual    Ticker:    BLT

 

Shares Voted:   396,000          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1   Accept Financial Statements and Statutory Reports    Mgmt    For    For    For
2   Reappoint KPMG LLP as Auditors    Mgmt    For    For    For
3   Authorise the Risk and Audit Committee to Fix Remuneration of Auditors    Mgmt    For    For    For
4   Authorise Issue of Equity with Pre-emptive Rights    Mgmt    For    For    For
5   Authorise Issue of Equity without Pre-emptive Rights    Mgmt    For    For    For
6   Authorise Market Purchase of Ordinary Shares    Mgmt    For    For    For
7   Approve Remuneration Policy    Mgmt    For    For    For
8   Approve Remuneration Report for UK Law Purposes    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

BHP Billiton plc

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

9   Approve Remuneration Report for Australian Law Purposes    Mgmt    For    For    For
10   Approve Leaving Entitlements    Mgmt    For    Refer    For
11   Approve Grant of Awards under the Group’s Short and Long Term Incentive Plans to Andrew Mackenzie    Mgmt    For    Refer    For
12   Elect Malcolm Brinded as Director    Mgmt    For    For    For
13   Re-elect Malcolm Broomhead as Director    Mgmt    For    For    For
14   Re-elect Sir John Buchanan as Director    Mgmt    For    For    For
15   Re-elect Carlos Cordeiro as Director    Mgmt    For    For    For
16   Re-elect Pat Davies as Director    Mgmt    For    For    For
17   Re-elect Carolyn Hewson as Director    Mgmt    For    For    For
18   Re-elect Andrew Mackenzie as Director    Mgmt    For    For    For
19   Re-elect Lindsay Maxsted as Director    Mgmt    For    For    For
20   Re-elect Wayne Murdy as Director    Mgmt    For    For    For
21   Re-elect Keith Rumble as Director    Mgmt    For    For    For
22   Re-elect John Schubert as Director    Mgmt    For    For    For
23   Re-elect Shriti Vadera as Director    Mgmt    For    For    For
24   Re-elect Jac Nasser as Director    Mgmt    For    For    For
  Shareholder Proposal    Mgmt         
25   Elect Ian Dunlop, a Shareholder Nominee to the Board    SH    Against    Refer    Against

Microsoft Corporation

 

Meeting Date:    12/03/2014    Country:    USA    Primary Security ID:    594918104
Record Date:    09/30/2014    Meeting Type:    Annual    Ticker:    MSFT

 

Shares Voted:   804,600          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director William H. Gates III    Mgmt    For    For    For
1.2   Elect Director Maria M. Klawe    Mgmt    For    For    For
1.3   Elect Director Teri L. List-Stoll    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Microsoft Corporation

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.4   Elect Director G. Mason Morfit    Mgmt    For    For    For
1.5   Elect Director Satya Nadella    Mgmt    For    For    For
1.6   Elect Director Charles H. Noski    Mgmt    For    For    For
1.7   Elect Director Helmut Panke    Mgmt    For    For    For
1.8   Elect Director Charles W. Scharf    Mgmt    For    For    For
1.9   Elect Director John W. Stanton    Mgmt    For    For    For
1.10   Elect Director John W. Thompson    Mgmt    For    For    For
2   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    Refer    For
3   Ratify Auditors    Mgmt    For    For    For
4   Proxy Access    SH    Against    Against    Against

GlaxoSmithKline plc

 

Meeting Date:    12/18/2014    Country:    United Kingdom    Primary Security ID:    G3910J112
Record Date:    11/18/2014    Meeting Type:    Special    Ticker:    GSK

 

Shares Voted:   176,200          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

  Meeting for ADR Holders    Mgmt         
1   Approve Transaction by the Company with Novartis AG    Mgmt    For    Refer    For

Intuit Inc.

 

Meeting Date:    01/22/2015    Country:    USA    Primary Security ID:    461202103
Record Date:    11/24/2014    Meeting Type:    Annual    Ticker:    INTU

 

Shares Voted:   224,600          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director William V. Campbell    Mgmt    For    For    For
1b   Elect Director Scott D. Cook    Mgmt    For    For    For
1c   Elect Director Richard L. Dalzell    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Intuit Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1d   Elect Director Diane B. Greene    Mgmt    For    For    For
1e   Elect Director Edward A. Kangas    Mgmt    For    For    For
1f   Elect Director Suzanne Nora Johnson    Mgmt    For    For    For
1g   Elect Director Dennis D. Powell    Mgmt    For    For    For
1h   Elect Director Brad D. Smith    Mgmt    For    For    For
1i   Elect Director Jeff Weiner    Mgmt    For    For    For
2   Ratify Auditors    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
4   Amend Qualified Employee Stock Purchase Plan    Mgmt    For    For    For

Micron Technology, Inc.

 

Meeting Date:    01/22/2015    Country:    USA    Primary Security ID:    595112103
Record Date:    11/21/2014    Meeting Type:    Annual    Ticker:    MU

 

Shares Voted:   272,100          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director Robert L. Bailey    Mgmt    For    For    For
1.2   Elect Director Richard M. Beyer    Mgmt    For    For    For
1.3   Elect Director Patrick J. Byrne    Mgmt    For    For    For
1.4   Elect Director D. Mark Durcan    Mgmt    For    For    For
1.5   Elect Director D. Warren A. East    Mgmt    For    For    For
1.6   Elect Director Mercedes Johnson    Mgmt    For    For    For
1.7   Elect Director Lawrence N. Mondry    Mgmt    For    For    For
1.8   Elect Director Robert E. Switz    Mgmt    For    For    For
2   Amend Omnibus Stock Plan    Mgmt    For    Refer    For
3   Ratify Auditors    Mgmt    For    For    For
4   Eliminate Cumulative Voting    Mgmt    For    For    For
5   Approve Executive Incentive Bonus Plan    Mgmt    For    Refer    For
6   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Visa Inc.

 

Meeting Date:    01/28/2015    Country:    USA    Primary Security ID:    92826C839
Record Date:    12/01/2014    Meeting Type:    Annual    Ticker:    V

 

Shares Voted:   52,400          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Mary B. Cranston    Mgmt    For    For    For
1b   Elect Director Francisco Javier Fernandez-Carbajal    Mgmt    For    For    For
1c   Elect Director Alfred F. Kelly, Jr.    Mgmt    For    For    For
1d   Elect Director Robert W. Matschullat    Mgmt    For    For    For
1e   Elect Director Cathy E. Minehan    Mgmt    For    For    For
1f   Elect Director Suzanne Nora Johnson    Mgmt    For    For    For
1g   Elect Director David J. Pang    Mgmt    For    For    For
1h   Elect Director Charles W. Scharf    Mgmt    For    For    For
1i   Elect Director William S. Shanahan    Mgmt    For    For    For
1j   Elect Director John A. C. Swainson    Mgmt    For    For    For
1k   Elect Director Maynard G. Webb, Jr.    Mgmt    For    For    For
2   Approve Amendments to the Certificate of Incorporation to Facilitate Stock Splits    Mgmt    For    Refer    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
4   Approve Qualified Employee Stock Purchase Plan    Mgmt    For    For    For
5a   Remove Supermajority Vote Requirement for Exiting Core Payment Business    Mgmt    For    For    For
5b   Remove Supermajority Vote Requirement for Future Amendments to Certain Sections of Company’s Certificate of Incorporation    Mgmt    For    For    For
5c   Remove Supermajority Vote Requirement for Approval of Exceptions to Transfer Certifications    Mgmt    For    For    For
5d   Remove Supermajority Vote Requirement for Removal of Directors    Mgmt    For    For    For
5e   Remove Supermajority Vote Requirement for Future Amendments to the Advance Notice Provision in the Bylaws    Mgmt    For    For    For
6   Ratify Auditors    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Actavis plc

 

Meeting Date:    03/10/2015    Country:    Ireland    Primary Security ID:    G0083B108
Record Date:    01/22/2015    Meeting Type:    Special    Ticker:    ACT

 

Shares Voted:   84,900          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1   Issue Shares in Connection with Acquisition    Mgmt    For    Refer    For
2   Adjourn Meeting    Mgmt    For    Refer    For

Apple Inc.

 

Meeting Date:    03/10/2015    Country:    USA    Primary Security ID:    037833100
Record Date:    01/09/2015    Meeting Type:    Annual    Ticker:    AAPL

 

Shares Voted:   408,100          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director Tim Cook    Mgmt    For    For    For
1.2   Elect Director Al Gore    Mgmt    For    For    For
1.3   Elect Director Bob Iger    Mgmt    For    For    For
1.4   Elect Director Andrea Jung    Mgmt    For    For    For
1.5   Elect Director Art Levinson    Mgmt    For    For    For
1.6   Elect Director Ron Sugar    Mgmt    For    For    For
1.7   Elect Director Sue Wagner    Mgmt    For    For    For
2   Ratify Ernst & Young LLP as Auditors    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    Refer    For
4   Approve Qualified Employee Stock Purchase Plan    Mgmt    For    For    For
5   Report on Risks Associated with Repeal of Climate Change Policies    SH    Against    Refer    Against
6   Adopt Proxy Access Right    SH    Against    Against    Against

Applied Materials, Inc.

 

Meeting Date:    04/02/2015    Country:    USA    Primary Security ID:    038222105
Record Date:    02/11/2015    Meeting Type:    Annual    Ticker:    AMAT


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Applied Materials, Inc.

 

Shares Voted:   1,168,200          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Aart J. de Geus    Mgmt    For    For    For
1b   Elect Director Gary E. Dickerson    Mgmt    For    For    For
1c   Elect Director Stephen R. Forrest    Mgmt    For    For    For
1d   Elect Director Thomas J. Iannotti    Mgmt    For    For    For
1e   Elect Director Susan M. James    Mgmt    For    For    For
1f   Elect Director Alexander A. Karsner    Mgmt    For    For    For
1g   Elect Director Dennis D. Powell    Mgmt    For    For    For
1h   Elect Director Willem P. Roelandts    Mgmt    For    For    For
1i   Elect Director Michael R. Splinter    Mgmt    For    For    For
1j   Elect Director Robert H. Swan    Mgmt    For    For    For
2   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
3   Ratify KPMG LLP as Auditors    Mgmt    For    For    For

Adobe Systems Incorporated

 

Meeting Date:    04/09/2015    Country:    USA    Primary Security ID:    00724F101
Record Date:    02/13/2015    Meeting Type:    Annual    Ticker:    ADBE

 

Shares Voted:   304,500          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Amy L. Banse    Mgmt    For    For    For
1b   Elect Director Kelly J. Barlow    Mgmt    For    For    For
1c   Elect Director Edward W. Barnholt    Mgmt    For    For    For
1d   Elect Director Robert K. Burgess    Mgmt    For    For    For
1e   Elect Director Frank A. Calderoni    Mgmt    For    For    For
1f   Elect Director Michael R. Cannon    Mgmt    For    For    For
1g   Elect Director James E. Daley    Mgmt    For    For    For
1h   Elect Director Laura B. Desmond    Mgmt    For    For    For
1i   Elect Director Charles M. Geschke    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Adobe Systems Incorporated

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1j   Elect Director Shantanu Narayen    Mgmt    For    For    For
1k   Elect Director Daniel L. Rosensweig    Mgmt    For    For    For
1l   Elect Director Robert Sedgewick    Mgmt    For    For    For
1m   Elect Director John E. Warnock    Mgmt    For    For    For
2   Amend Omnibus Stock Plan    Mgmt    For    Refer    For
3   Ratify KPMG LLP as Auditors    Mgmt    For    For    For
4   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For

Humana Inc.

 

Meeting Date:    04/16/2015    Country:    USA    Primary Security ID:    444859102
Record Date:    02/20/2015    Meeting Type:    Annual    Ticker:    HUM

 

Shares Voted:   87,200          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Kurt J. Hilzinger    Mgmt    For    For    For
1b   Elect Director Bruce D. Broussard    Mgmt    For    For    For
1c   Elect Director Frank A. D’Amelio    Mgmt    For    For    For
1d   Elect Director W. Roy Dunbar    Mgmt    For    For    For
1e   Elect Director David A. Jones, Jr.    Mgmt    For    For    For
1f   Elect Director William J. McDonald    Mgmt    For    For    For
1g   Elect Director William E. Mitchell    Mgmt    For    For    For
1h   Elect Director David B. Nash    Mgmt    For    For    For
1i   Elect Director James J. O’Brien    Mgmt    For    For    For
1j   Elect Director Marissa T. Peterson    Mgmt    For    For    For
2   Ratify PricewaterhouseCoopers LLP as Auditors    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Texas Instruments Incorporated

 

Meeting Date:    04/16/2015    Country:    USA    Primary Security ID:    882508104
Record Date:    02/17/2015    Meeting Type:    Annual    Ticker:    TXN

 

Shares Voted:   376,200          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Ralph W. Babb, Jr.    Mgmt    For    For    For
1b   Elect Director Mark A. Blinn    Mgmt    For    For    For
1c   Elect Director Daniel A. Carp    Mgmt    For    For    For
1d   Elect Director Carrie S. Cox    Mgmt    For    For    For
1e   Elect Director Ronald Kirk    Mgmt    For    For    For
1f   Elect Director Pamela H. Patsley    Mgmt    For    For    For
1g   Elect Director Robert E. Sanchez    Mgmt    For    For    For
1h   Elect Director Wayne R. Sanders    Mgmt    For    For    For
1i   Elect Director Ruth J. Simmons    Mgmt    For    For    For
1j   Elect Director Richard K. Templeton    Mgmt    For    For    For
1k   Elect Director Christine Todd Whitman    Mgmt    For    For    For
2   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
3   Ratify Ernst & Young LLP as Auditors    Mgmt    For    For    For

ASML Holding NV

 

Meeting Date:    04/22/2015    Country:    Netherlands    Primary Security ID:    N07059202
Record Date:    02/24/2015    Meeting Type:    Annual    Ticker:    ASML

 

Shares Voted:   61,200          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

  Meeting for ADR Holders    Mgmt         
1   Open Meeting    Mgmt         
2   Discuss the Company’s Business, Financial Situation and Sustainability    Mgmt         
3   Discuss Remuneration Policy for Management Board Members    Mgmt         


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

ASML Holding NV

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

4   Adopt Financial Statements and Statutory Reports    Mgmt    For    For    For
5   Approve Discharge of Management Board    Mgmt    For    For    For
6   Approve Discharge of Supervisory Board    Mgmt    For    For    For
7   Receive Explanation on Company’s Reserves and Dividend Policy    Mgmt         
8   Approve Dividends of EUR 0.70 Per Ordinary Share    Mgmt    For    For    For
9   Approve Adjustments to the Remuneration Policy    Mgmt    For    For    For
10   Approve Performance Share Arrangement According to Remuneration Policy    Mgmt    For    Refer    For
11   Approve Number of Stock Options, Respectively Shares, for Employees    Mgmt    For    Refer    For
12   Discussion of Updated Supervisory Board Profile    Mgmt         
13a   Elect Annet Aris to Supervisory Board    Mgmt    For    For    For
13b   Elect Gerard Kleisterlee to Supervisory Board    Mgmt    For    For    For
13c   Elect Rolf-Dieter Schwalb to Supervisory Board    Mgmt    For    For    For
14   Discuss Vacancies on the Board Arising in 2016    Mgmt         
15   Ratify KPMG as Auditors Re: Financial Year 2016    Mgmt    For    For    For
16a   Grant Board Authority to Issue Shares Up To 5 Percent of Issued Capital    Mgmt    For    For    For
16b   Authorize Board to Exclude Preemptive Rights from Share Issuances Re: Item 16a    Mgmt    For    For    For
16c   Grant Board Authority to Issue Shares Up To 5 Percent in Case of Takeover/Merger    Mgmt    For    Refer    For
16d   Authorize Board to Exclude Preemptive Rights from Share Issuances Re: Item 16c    Mgmt    For    Refer    For
17a   Authorize Repurchase of Up to 10 Percent of Issued Share Capital    Mgmt    For    For    For
17b   Authorize Additional Repurchase of Up to 10 Percent of Issued Share Capital    Mgmt    For    For    For
18   Authorize Cancellation of Repurchased Shares    Mgmt    For    For    For
19   Other Business (Non-Voting)    Mgmt         
20   Close Meeting    Mgmt         


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

The Boeing Company

 

Meeting Date:    04/27/2015    Country:    USA    Primary Security ID:    097023105
Record Date:    02/26/2015    Meeting Type:    Annual    Ticker:    BA

 

Shares Voted:   134,300          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director David L. Calhoun    Mgmt    For    For    For
1b   Elect Director Arthur D. Collins, Jr.    Mgmt    For    For    For
1c   Elect Director Kenneth M. Duberstein    Mgmt    For    For    For
1d   Elect Director Edmund P. Giambastiani, Jr.    Mgmt    For    For    For
1e   Elect Director Lawrence W. Kellner    Mgmt    For    For    For
1f   Elect Director Edward M. Liddy    Mgmt    For    For    For
1g   Elect Director W. James McNerney, Jr.    Mgmt    For    For    For
1h   Elect Director Susan C. Schwab    Mgmt    For    For    For
1i   Elect Director Ronald A. Williams    Mgmt    For    For    For
1j   Elect Director Mike S. Zafirovski    Mgmt    For    For    For
2   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
3   Ratify Deloitte & Touche LLP as Auditors    Mgmt    For    For    For
4   Claw-back of Payments under Restatements    SH    Against    For    For
5   Require Independent Board Chairman    SH    Against    Refer    Against
6   Provide Right to Act by Written Consent    SH    Against    For    For
7   Report on Lobbying Payments and Policy    SH    Against    Against    Against

Citigroup Inc.

 

Meeting Date:    04/28/2015    Country:    USA    Primary Security ID:    172967424
Record Date:    02/27/2015    Meeting Type:    Annual    Ticker:    C

 

Shares Voted:   546,400          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Michael L. Corbat    Mgmt    For    For    For
1b   Elect Director Duncan P. Hennes    Mgmt    For    For    For
1c   Elect Director Peter B. Henry    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Citigroup Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1d   Elect Director Franz B. Humer    Mgmt    For    Refer    For
1e   Elect Director Michael E. O’Neill    Mgmt    For    For    For
1f   Elect Director Gary M. Reiner    Mgmt    For    For    For
1g   Elect Director Judith Rodin    Mgmt    For    For    For
1h   Elect Director Anthony M. Santomero    Mgmt    For    For    For
1i   Elect Director Joan E. Spero    Mgmt    For    For    For
1j   Elect Director Diana L. Taylor    Mgmt    For    For    For
1k   Elect Director William S. Thompson, Jr.    Mgmt    For    For    For
1l   Elect Director James S. Turley    Mgmt    For    For    For
1m   Elect Director Ernesto Zedillo Ponce de Leon    Mgmt    For    For    For
2   Ratify KPMG LLP as Auditors    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
4   Amend Omnibus Stock Plan    Mgmt    For    Refer    For
5   Adopt Proxy Access Right    SH    For    Against    Against
6   Report on Lobbying Payments and Policy    SH    Against    Against    Against
7   Claw-back of Payments under Restatements    SH    Against    For    For
8   Limits for Directors Involved with Bankruptcy    SH    Against    Refer    Against
9   Report on Certain Vesting Program    SH    Against    Refer    Against

NOBLE ENERGY, INC.

 

Meeting Date:    04/28/2015    Country:    USA    Primary Security ID:    655044105
Record Date:    03/04/2015    Meeting Type:    Annual    Ticker:    NBL

 

Shares Voted:   64,700          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director Jeffrey L. Berenson    Mgmt    For    For    For
1.2   Elect Director Michael A. Cawley    Mgmt    For    For    For
1.3   Elect Director Edward F. Cox    Mgmt    For    For    For
1.4   Elect Director Thomas J. Edelman    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

NOBLE ENERGY, INC.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.5   Elect Director Eric P. Grubman    Mgmt    For    For    For
1.6   Elect Director Kirby L. Hedrick    Mgmt    For    For    For
1.7   Elect Director David L. Stover    Mgmt    For    For    For
1.8   Elect Director Scott D. Urban    Mgmt    For    For    For
1.9   Elect Director William T. Van Kleef    Mgmt    For    For    For
1.10   Elect Director Molly K. Williamson    Mgmt    For    For    For
2   Ratify KPMG LLP as Auditors    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
4   Increase Authorized Common Stock    Mgmt    For    For    For
5   Amend Omnibus Stock Plan    Mgmt    For    Refer    For
6   Approve Non-Employee Director Omnibus Stock Plan    Mgmt    For    Refer    For
7   Adopt Proxy Access Right    SH    Against    Against    Against
8   Report on Impacts of and Plans to Align with Global Climate Change Policy    SH    Against    Refer    Against

Wells Fargo & Company

 

Meeting Date:    04/28/2015    Country:    USA    Primary Security ID:    949746101
Record Date:    03/03/2015    Meeting Type:    Annual    Ticker:    WFC

 

Shares Voted:   336,100          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director John D. Baker, II    Mgmt    For    For    For
1b   Elect Director Elaine L. Chao    Mgmt    For    For    For
1c   Elect Director John S. Chen    Mgmt    For    For    For
1d   Elect Director Lloyd H. Dean    Mgmt    For    For    For
1e   Elect Director Elizabeth A. Duke    Mgmt    For    For    For
1f   Elect Director Susan E. Engel    Mgmt    For    For    For
1g   Elect Director Enrique Hernandez, Jr.    Mgmt    For    For    For
1h   Elect Director Donald M. James    Mgmt    For    For    For
1i   Elect Director Cynthia H. Milligan    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Wells Fargo & Company

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1j   Elect Director Federico F. Pena    Mgmt    For    For    For
1k   Elect Director James H. Quigley    Mgmt    For    For    For
1l   Elect Director Judith M. Runstad    Mgmt    For    For    For
1m   Elect Director Stephen W. Sanger    Mgmt    For    For    For
1n   Elect Director John G. Stumpf    Mgmt    For    For    For
1o   Elect Director Susan G. Swenson    Mgmt    For    For    For
1p   Elect Director Suzanne M. Vautrinot    Mgmt    For    For    For
2   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
3   Ratify KPMG LLP as Auditors    Mgmt    For    For    For
4   Require Independent Board Chairman    SH    Against    Refer    For
5   Report on Lobbying Payments and Policy    SH    Against    Against    Against

WMI Holdings Corp.

 

Meeting Date:    04/28/2015    Country:    USA    Primary Security ID:    92936P100
Record Date:    03/05/2015    Meeting Type:    Annual    Ticker:    WMIH

 

Shares Voted:   2,000          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director Michael Willingham    Mgmt    For    For    For
1.2   Elect Director Eugene I. Davis    Mgmt    For    For    For
1.3   Elect Director Diane Beth Glossman    Mgmt    For    For    For
1.4   Elect Director Timothy R. Graham    Mgmt    For    For    For
1.5   Elect Director Mark E. Holliday    Mgmt    For    For    For
1.6   Elect Director Michael J. Renoff    Mgmt    For    For    For
1.7   Elect Director Steven D. Scheiwe    Mgmt    For    For    For
2   Ratify Burr Pilger Mayer, Inc. as Auditors    Mgmt    For    For    For
3   Change State of Incorporation from Washington to Delaware    Mgmt    For    Refer    For
4   Amend Omnibus Stock Plan    Mgmt    For    Refer    For
5   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Anheuser-Busch InBev SA

 

Meeting Date:    04/29/2015    Country:    Belgium    Primary Security ID:    B6399C107
Record Date:    04/15/2015    Meeting Type:    Annual/Special    Ticker:    ABI

 

Shares Voted:   191,300          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

  Annual/Special Meeting    Mgmt         
  Special Meeting    Mgmt         
A1   Amend Articles Re: Remove References to Bearer Shares    Mgmt    For    For    For
  Annual Meeting    Mgmt         
B1   Receive Directors’ Reports (Non-Voting)    Mgmt         
B2   Receive Auditors’ Reports (Non-Voting)    Mgmt         
B3   Receive Consolidated Financial Statements and Statutory Reports (Non-Voting)    Mgmt         
B4   Approve Financial Statements, Allocation of Income, and Dividends of EUR 3.00 per Share    Mgmt    For    For    For
B5   Approve Discharge of Directors    Mgmt    For    For    For
B6   Approve Discharge of Auditors    Mgmt    For    For    For
B7a   Elect Michele Burns as Independent Director    Mgmt    For    For    For
B7b   Reelect Olivier Goudet as Independent Director    Mgmt    For    For    For
B7c   Elect Kasper Rorsted as Independent Director    Mgmt    For    For    For
B7d   Reelect Paul Cornet de Ways Ruart as Director    Mgmt    For    Refer    For
B7e   Reelect Stefan Descheemaeker as Director    Mgmt    For    Refer    For
B8a   Approve Remuneration Report    Mgmt    For    Refer    For
B8b   Proposal to Increase Remuneration of Audit Committee Chairman    Mgmt    For    Refer    For
B8c   Approve Non-Employee Director Stock Option Plan and According Stock Option Grants to Non-Executive Directors    Mgmt    For    Refer    For
C1   Authorize Implementation of Approved Resolutions and Filing of Required Documents/Formalities at Trade Registry    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Unilever NV

 

Meeting Date:    04/29/2015    Country:    Netherlands    Primary Security ID:    N8981F271
Record Date:    04/01/2015    Meeting Type:    Annual    Ticker:    UNA

 

Shares Voted:   573,400          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

  Annual Meeting    Mgmt         
1   Discussion of the Annual Report and Accounts for the 2014 financial year    Mgmt         
2   Approve Financial Statements and Allocation of Income    Mgmt    For    For    For
3   Approve Discharge of Executive Board Members    Mgmt    For    For    For
4   Approve Discharge of Non-Executive Board Members    Mgmt    For    For    For
5   Reelect P G J M Polman as Executive Director    Mgmt    For    For    For
6   Reelect R J-M S Huet as Executive Director    Mgmt    For    For    For
7   Reelect L M Cha as Non-Executive Director    Mgmt    For    For    For
8   Reelect L O Fresco as Non-Executive Director    Mgmt    For    For    For
9   Reelect A M Fudge as Non-Executive Director    Mgmt    For    For    For
10   Elect M Ma as Non-Executive Director    Mgmt    For    For    For
11   Reelect H Nyasulu as Non-Executive Director    Mgmt    For    For    For
12   Reelect J. Rishton as Non-Executive Director    Mgmt    For    For    For
13   Reelect F Sijbesma as Non-Executive Director.    Mgmt    For    For    For
14   Reelect M Treschow as Non-Executive Director    Mgmt    For    For    For
15   Elect N S Andersen as Non-Executive Director    Mgmt    For    For    For
16   Elect V Colao as Non-Executive Director    Mgmt    For    For    For
17   Elect J Hartmann as Non-Executive Director    Mgmt    For    For    For
18   Ratify KPMG as Auditors    Mgmt    For    For    For
19   Grant Board Authority to Issue Shares Up To 10 Percent of Issued Capital Plus Additional 10 Percent in Case of Takeover/Merger and Restricting/Excluding Preemptive Rights    Mgmt    For    For    For
20   Authorize Repurchase of Up to 10 Percent of Issued Share Capital    Mgmt    For    For    For
21   Approve Cancellation of Repurchased Shares    Mgmt    For    For    For
22   Close Meeting    Mgmt         


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Continental AG

 

Meeting Date:    04/30/2015    Country:    Germany    Primary Security ID:    D16212140
Record Date:    04/08/2015    Meeting Type:    Annual    Ticker:    CON

 

Shares Voted:   89,100          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1   Receive Financial Statements and Statutory Reports for Fiscal 2014 (Non-Voting)    Mgmt         
2   Approve Allocation of Income and Dividends of EUR 3.25 per Share    Mgmt    For    For    For
3.1   Approve Discharge of Management Board Member Elmar Degenhart for Fiscal 2014    Mgmt    For    For    For
3.2   Approve Discharge of Management Board Member Jose Avila for Fiscal 2014    Mgmt    For    For    For
3.3   Approve Discharge of Management Board Member Ralf Cramer for Fiscal 2014    Mgmt    For    For    For
3.4   Approve Discharge of Management Board Member Frank Jourdan for Fiscal 2014    Mgmt    For    For    For
3.5   Approve Discharge of Management Board Member Helmut Matschi for Fiscal 2014    Mgmt    For    For    For
3.6   Approve Discharge of Management Board Member Ariane Reinhart for Fiscal 2014    Mgmt    For    For    For
3.7   Approve Discharge of Management Board Member Wolfgang Schaefer for Fiscal 2014    Mgmt    For    For    For
3.8   Approve Discharge of Management Board Member Nikolai Setzer for Fiscal 2014    Mgmt    For    For    For
3.9   Approve Discharge of Management Board member Elke Strathmann for Fiscal 2014    Mgmt    For    For    For
3.10   Approve Discharge of Management Board Member Heinz-Gerhard Wente for Fiscal 2014    Mgmt    For    For    For
4.1   Approve Discharge of Supervisory Board Member Wolfgang Reitzle for Fiscal 2014    Mgmt    For    For    For
4.2   Approve Discharge of Supervisory Board Member Michael Deister for Fiscal 2014    Mgmt    For    For    For
4.3   Approve Discharge of Supervisory Board Member Gunter Dunkel for Fiscal 2014    Mgmt    For    For    For
4.4   Approve Discharge of Supervisory Board Member Hans Fischl for Fiscal 2014    Mgmt    For    For    For
4.5   Approve Discharge of Supervisory Board Member Peter Gutzmer for Fiscal 2014    Mgmt    For    For    For
4.6   Approve Discharge of Supervisory Board Member Peter Hausmann for Fiscal 2014    Mgmt    For    For    For
4.7   Approve Discharge of Supervisory Board Member Hans-Olaf Henkel for Fiscal 2014    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Continental AG

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

4.8   Approve Discharge of Supervisory Board Member Michael Iglhaut for Fiscal 2014    Mgmt    For    For    For
4.9   Approve Discharge of Supervisory Board Member Joerg Koehlinger for Fiscal 2014    Mgmt    For    For    For
4.10   Approve Discharge of Supervisory Board Member Klaus Mangold for Fiscal 2014    Mgmt    For    For    For
4.11   Approve Discharge of Supervisory Board Member Hartmut Meine for Fiscal 2014    Mgmt    For    For    For
4.12   Approve Discharge of Supervisory Board Member Sabine Neuss for Fiscal 2014    Mgmt    For    For    For
4.13   Approve Discharge of Supervisory Board Member Rolf Nonnenmacher for Fiscal 2014    Mgmt    For    For    For
4.14   Approve Discharge of Supervisory Board Member Dirk Nordmann for Fiscal 2014    Mgmt    For    For    For
4.15   Approve Discharge of Supervisory Board Member Artur Otto for Fiscal 2014    Mgmt    For    For    For
4.16   Approve Discharge of Supervisory Board Member Klaus Rosenfeld for Fiscal 2014    Mgmt    For    For    For
4.17   Approve Discharge of Supervisory Board Member Georg Schaeffler for Fiscal 2014    Mgmt    For    For    For
4.18   Approve Discharge of Supervisory Board Member Maria-Elisabeth Schaeffler-Thumann for Fiscal 2014    Mgmt    For    For    For
4.19   Approve Discharge of Supervisory Board Member Joerg Schoenfelder for Fiscal 2014    Mgmt    For    For    For
4.20   Approve Discharge of Supervisory Board Member Kirsten Voerkel for Fiscal 2014    Mgmt    For    For    For
4.21   Approve Discharge of Supervisory Board Member Elke Volkmann for Fiscal 2014    Mgmt    For    For    For
4.22   Approve Discharge of Supervisory Board Member Bernd Voss for Fiscal 2014    Mgmt    For    For    For
4.23   Approve Discharge of Supervisory Board Member Erwin Woerle for Fiscal 2014    Mgmt    For    For    For
4.24   Approve Discharge of Supervisory Board Member Siegfried Wolf for Fiscal 2014    Mgmt    For    For    For
5   Ratify KPMG AG as Auditors for Fiscal 2015 and for Review of Interim Financial Reports    Mgmt    For    For    For

Mead Johnson Nutrition Company

 

Meeting Date:    04/30/2015    Country:    USA    Primary Security ID:    582839106
Record Date:    03/13/2015    Meeting Type:    Annual    Ticker:    MJN


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Shares Voted:   205,100          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1a   Elect Director Steven M. Altschuler    Mgmt    For    For    For
1.1b   Elect Director Howard B. Bernick    Mgmt    For    For    For
1.1c   Elect Director Kimberly A. Casiano    Mgmt    For    For    For
1.1d   Elect Director Anna C. Catalano    Mgmt    For    For    For
1.1e   Elect Director Celeste A. Clark    Mgmt    For    For    For
1.1f   Elect Director James M. Cornelius    Mgmt    For    For    For
1.1g   Elect Director Stephen W. Golsby    Mgmt    For    For    For
1.1h   Elect Director Michael Grobstein    Mgmt    For    For    For
1.1i   Elect Director Peter Kasper Jakobsen    Mgmt    For    For    For
1.1j   Elect Director Peter G. Ratcliffe    Mgmt    For    For    For
1.1k   Elect Director Michael A. Sherman    Mgmt    For    For    For
1.1l   Elect Director Elliott Sigal    Mgmt    For    For    For
1.1m   Elect Director Robert S. Singer    Mgmt    For    For    For
2   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
3   Amend Omnibus Stock Plan    Mgmt    For    Refer    For
4   Ratify Deloitte & Touche LLP as Auditors    Mgmt    For    For    For

Occidental Petroleum Corporation

 

Meeting Date:    05/01/2015    Country:    USA    Primary Security ID:    674599105
Record Date:   

03/10/2015

   Meeting Type:    Annual    Ticker:    OXY

 

Shares Voted:   257,000          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director Spencer Abraham    Mgmt    For    For    For
1.2   Elect Director Howard I. Atkins    Mgmt    For    For    For
1.3   Elect Director Eugene L. Batchelder    Mgmt    For    For    For
1.4   Elect Director Stephen I. Chazen    Mgmt    For    For    For
1.5   Elect Director John E. Feick    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Occidental Petroleum Corporation

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.6   Elect Director Margaret M. Foran    Mgmt    For    For    For
1.7   Elect Director Carlos M. Gutierrez    Mgmt    For    For    For
1.8   Elect Director William R. Klesse    Mgmt    For    For    For
1.9   Elect Director Avedick B. Poladian    Mgmt    For    For    For
1.10   Elect Director Elisse B. Walter    Mgmt    For    For    For
2   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
3   Approve Omnibus Stock Plan    Mgmt    For    Refer    For
4   Ratify KPMG LLP as Auditors    Mgmt    For    For    For
5   Claw-back of Payments under Restatements    SH    Against    For    For
6   Adopt Proxy Access Right    SH    Against    Against    Against
7   Report on Methane and Flaring Emissions Management and Reduction Targets    SH    Against    Refer    Against
8   Review and Assess Membership of Lobbying Organizations    SH    Against    Against    Against

Bristol-Myers Squibb Company

 

Meeting Date:    05/05/2015    Country:    USA    Primary Security ID:    110122108
Record Date:   

03/13/2015

   Meeting Type:    Annual    Ticker:    BMY

 

Shares Voted:   189,100          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1A   Elect Director Lamberto Andreotti    Mgmt    For    For    For
1.1B   Elect Director Giovanni Caforio    Mgmt    For    For    For
1.1C   Elect Director Lewis B. Campbell    Mgmt    For    For    For
1.1D   Elect Director Laurie H. Glimcher    Mgmt    For    For    For
1.1E   Elect Director Michael Grobstein    Mgmt    For    For    For
1.1F   Elect Director Alan J. Lacy    Mgmt    For    For    For
1.1G   Elect Director Thomas J. Lynch, Jr.    Mgmt    For    For    For
1.1H   Elect Director Dinesh C. Paliwal    Mgmt    For    For    For
1.1I   Elect Director Vicki L. Sato    Mgmt    For    For    For
1.1J   Elect Director Gerald L. Storch    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Bristol-Myers Squibb Company

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1K   Elect Director Togo D. West, Jr.    Mgmt    For    For    For
2   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    Refer    For
3   Ratify Deloitte & Touche LLP as Auditors    Mgmt    For    For    For
4   Adopt the Jurisdiction of Incorporation as the Exclusive Forum for Certain Disputes    Mgmt    For    Refer    Against
5   Remove Supermajority Vote Requirement Applicable to Preferred Stock    Mgmt    For    For    For
6   Provide Right to Act by Written Consent    SH    Against    For    For

Gilead Sciences, Inc.

 

Meeting Date:    05/06/2015    Country:    USA    Primary Security ID:    375558103
Record Date:    03/11/2015    Meeting Type:    Annual    Ticker:    GILD

 

Shares Voted:   176,100          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director John F. Cogan    Mgmt    For    For    For
1b   Elect Director Etienne F. Davignon    Mgmt    For    For    For
1c   Elect Director Carla A. Hills    Mgmt    For    For    For
1d   Elect Director Kevin E. Lofton    Mgmt    For    For    For
1e   Elect Director John W. Madigan    Mgmt    For    For    For
1f   Elect Director John C. Martin    Mgmt    For    For    For
1g   Elect Director Nicholas G. Moore    Mgmt    For    For    For
1h   Elect Director Richard J. Whitley    Mgmt    For    For    For
1i   Elect Director Gayle E. Wilson    Mgmt    For    For    For
1j   Elect Director Per Wold-Olsen    Mgmt    For    For    For
2   Ratify Ernst & Young LLP as Auditors    Mgmt    For    For    For
3   Amend Qualified Employee Stock Purchase Plan    Mgmt    For    For    For
4   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
5   Provide Right to Act by Written Consent    SH    Against    For    For
6   Require Independent Board Chairman    SH    Against    Refer    Against


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Gilead Sciences, Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

7   Report on Sustainability    SH    Against    Refer    Against
8   Report on Specialty Drug Pricing Risks    SH    Against    Refer    Against

LyondellBasell Industries NV

 

Meeting Date:    05/06/2015    Country:    Netherlands    Primary Security ID:    N53745100
Record Date:    04/08/2015    Meeting Type:    Annual    Ticker:    LYB

 

Shares Voted:   172,800          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Robin Buchanan Supervisory Board    Mgmt    For    For    For
1b   Elect Stephen F. Cooper to Supervisory Board    Mgmt    For    For    For
1c   Elect Isabella D. Goren to Supervisory Board    Mgmt    For    For    For
1d   Elect Robert G. Gwin to Supervisory Board    Mgmt    For    For    For
2a   Elect Kevin W. Brown to Management Board    Mgmt    For    For    For
2b   Elect Jeffrey A. Kaplan to Management Board    Mgmt    For    For    For
3   Adopt Financial Statements and Statutory Reports    Mgmt    For    For    For
4   Approve Discharge of Management Board    Mgmt    For    For    For
5   Approve Discharge of Supervisory Board    Mgmt    For    For    For
6   Ratify PricewaterhouseCoopers LLP as Auditors    Mgmt    For    For    For
7   Ratify PricewaterhouseCoopers Accountants N.V. as Auditors    Mgmt    For    For    For
8   Approve Dividends of USD 2.80 Per Share    Mgmt    For    For    For
9   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
10   Authorize Board to Issue Shares up to 20 Percent of Authorized Capital    Mgmt    For    For    For
11   Authorize Board to Exclude Preemptive Rights from Share Issuances    Mgmt    For    Refer    Against
12   Amend Qualified Employee Stock Purchase Plan    Mgmt    For    For    For
13   Authorize Repurchase of Up to 10 Percent of Issued Share Capital    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Phillips 66

 

Meeting Date:    05/06/2015    Country:    USA    Primary Security ID:    718546104
Record Date:    03/13/2015    Meeting Type:    Annual    Ticker:    PSX

 

Shares Voted:   321,300          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director J. Brian Ferguson    Mgmt    For    For    For
1b   Elect Director Harold W. McGraw, III    Mgmt    For    For    For
1c   Elect Director Victoria J. Tschinkel    Mgmt    For    For    For
2   Ratify Ernst & Young LLP as Auditors    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
4   Declassify the Board of Directors    Mgmt    For    For    For
5   Adopt Quantitative GHG Goals for Operations    SH    Against    Refer    Against

Standard Chartered plc

 

Meeting Date:    05/06/2015    Country:    United Kingdom    Primary Security ID:    G84228157
Record Date:    05/01/2015    Meeting Type:    Annual    Ticker:    STAN

 

Shares Voted:   569,300          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1   Accept Financial Statements and Statutory Reports    Mgmt    For    For    For
2   Approve Final Dividend    Mgmt    For    For    For
3   Approve Remuneration Report    Mgmt    For    For    For
4   Elect Dr Byron Grote as Director    Mgmt    For    For    For
5   Elect Andy Halford as Director    Mgmt    For    For    For
6   Elect Gay Huey Evans as Director    Mgmt    For    For    For
7   Elect Jasmine Whitbread as Director    Mgmt    For    For    For
8   Re-elect Om Bhatt as Director    Mgmt    For    For    For
9   Re-elect Dr Kurt Campbell as Director    Mgmt    For    For    For
10   Re-elect Dr Louis Cheung as Director    Mgmt    For    For    For
11   Re-elect Dr Han Seung-soo as Director    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Standard Chartered plc

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

12   Re-elect Christine Hodgson as Director    Mgmt    For    For    For
13   Re-elect Naguib Kheraj as Director    Mgmt    For    For    For
14   Re-elect Simon Lowth as Director    Mgmt    For    For    For
15   Re-elect Ruth Markland as Director    Mgmt    For    For    For
16   Re-elect Sir John Peace as Director    Mgmt    For    For    For
17   Re-elect Mike Rees as Director    Mgmt    For    For    For
18   Re-elect Viswanathan Shankar as Director    Mgmt         
19   Re-elect Paul Skinner as Director    Mgmt    For    For    For
20   Re-elect Dr Lars Thunell as Director    Mgmt    For    For    For
21   Appoint KPMG LLP as Auditors    Mgmt    For    For    For
22   Authorise Board to Fix Remuneration of Auditors    Mgmt    For    For    For
23   Authorise EU Political Donations and Expenditure    Mgmt    For    For    For
24   Authorise Issue of Equity with Pre-emptive Rights    Mgmt    For    For    For
25   Authorise Issue of Equity with Pre-emptive Rights    Mgmt    For    For    For
26   Authorise Issue of Equity with Pre-emptive Rights in Relation to Equity Convertible Additional Tier 1 Securities    Mgmt    For    For    For
27   Authorise Issue of Equity without Pre-emptive Rights    Mgmt    For    For    For
28   Authorise Issue of Equity without Pre-emptive Rights in Relation to Equity Convertible Additional Tier 1 Securities    Mgmt    For    For    For
29   Authorise Market Purchase of Ordinary Shares    Mgmt    For    For    For
30   Authorise Market Purchase of Preference Shares    Mgmt    For    For    For
31   Authorise the Company to Call EGM with Two Weeks’ Notice    Mgmt    For    For    For

AIA Group Ltd.

 

Meeting Date:    05/08/2015    Country:    Hong Kong    Primary Security ID:    Y002A1105
Record Date:    05/05/2015    Meeting Type:    Annual    Ticker:    01299


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

AIA Group Ltd.

 

Shares Voted:   7,743,700          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1   Accept Financial Statements and Statutory Reports    Mgmt    For    For    For
2   Approve Final Dividend    Mgmt    For    For    For
3   Elect Lawrence Juen-Yee Lau as Director    Mgmt    For    For    For
4   Elect Chung-Kong Chow as Director    Mgmt    For    For    For
5   Elect John Barrie Harrison as Director    Mgmt    For    For    For
6   Approve PricewaterhouseCoopers as Auditor and Authorize Board to Fix Their Remuneration    Mgmt    For    For    For
7A   Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights    Mgmt    For    For    For
7B   Authorize Repurchase of Issued Share Capital    Mgmt    For    For    For
7C   Approve Allotment and Issuance of Additional Shares Under the Restricted Share Unit Scheme    Mgmt    For    Refer    For

ConocoPhillips

 

Meeting Date:    05/12/2015    Country:    USA    Primary Security ID:    20825C104
Record Date:    03/13/2015    Meeting Type:    Annual    Ticker:    COP

 

Shares Voted:   407,700          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Richard L. Armitage    Mgmt    For    For    For
1b   Elect Director Richard H. Auchinleck    Mgmt    For    For    For
1c   Elect Director Charles E. Bunch    Mgmt    For    For    For
1d   Elect Director James E. Copeland, Jr.    Mgmt    For    For    For
1e   Elect Director John V. Faraci    Mgmt    For    For    For
1f   Elect Director Jody L. Freeman    Mgmt    For    For    For
1g   Elect Director Gay Huey Evans    Mgmt    For    For    For
1h   Elect Director Ryan M. Lance    Mgmt    For    For    For
1i   Elect Director Arjun N. Murti    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

ConocoPhillips

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1j   Elect Director Robert A. Niblock    Mgmt    For    For    For
1k   Elect Director Harald J. Norvik    Mgmt    For    For    For
2   Ratify Ernst & Young LLP as Auditors    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
4   Report on Lobbying Payments and Policy    SH    Against    Against    Against
5   Pro-rata Vesting of Equity Plan    SH    Against    Refer    Against
6   Remove or Adjust Reserve Metrics used for Executive Compensation    SH    Against    Refer    Against
7   Adopt Proxy Access Right    SH    Against    Against    Against

Tencent Holdings Ltd.

 

Meeting Date:    05/13/2015    Country:    Cayman Islands    Primary Security ID:    G87572163
Record Date:    05/08/2015    Meeting Type:    Annual    Ticker:    00700

 

Shares Voted:   1,544,600          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1   Accept Financial Statements and Statutory Reports    Mgmt    For    For    For
2   Approve Final Dividend    Mgmt    For    For    For
3.1a   Elect Li Dong Sheng as Director    Mgmt    For    Refer    Against
3.1b   Elect Iain Ferguson Bruce as Director    Mgmt    For    Refer    Against
3.2   Authorize Board to Fix Remuneration of Directors    Mgmt    For    Refer    For
4   Approve Auditor and Authorize Board to Fix Their Remuneration    Mgmt    For    Refer    Against
5   Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights    Mgmt    For    Against    Against
6   Authorize Repurchase of Issued Share Capital    Mgmt    For    For    For
7   Authorize Reissuance of Repurchased Shares    Mgmt    For    Against    Against


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Amgen Inc.

 

Meeting Date:    05/14/2015    Country:    USA    Primary Security ID:    031162100
Record Date:    03/16/2015    Meeting Type:    Annual    Ticker:    AMGN

 

Shares Voted:   146,700          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director David Baltimore    Mgmt    For    For    For
1.2   Elect Director Frank J. Biondi, Jr.    Mgmt    For    For    For
1.3   Elect Director Robert A. Bradway    Mgmt    For    For    For
1.4   Elect Director Francois de Carbonnel    Mgmt    For    For    For
1.5   Elect Director Vance D. Coffman    Mgmt    For    For    For
1.6   Elect Director Robert A. Eckert    Mgmt    For    For    For
1.7   Elect Director Greg C. Garland    Mgmt    For    For    For
1.8   Elect Director Rebecca M. Henderson    Mgmt    For    For    For
1.9   Elect Director Frank C. Herringer    Mgmt    For    For    For
1.10   Elect Director Tyler Jacks    Mgmt    For    For    For
1.11   Elect Director Judith C. Pelham    Mgmt    For    For    For
1.12   Elect Director Ronald D. Sugar    Mgmt    For    For    For
1.13   Elect Director R. Sanders Williams    Mgmt    For    For    For
2   Ratify Ernst & Young LLP as Auditors    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
4   Provide Vote Counting to Exclude Abstentions    SH    Against    For    For

The Dow Chemical Company

 

Meeting Date:    05/14/2015    Country:    USA    Primary Security ID:    260543103
Record Date:    03/16/2015    Meeting Type:    Annual    Ticker:    DOW

 

Shares Voted:   316,700          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Ajay Banga    Mgmt    For    For    For
1b   Elect Director Jacqueline K. Barton    Mgmt    For    For    For
1c   Elect Director James A. Bell    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

The Dow Chemical Company

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1d   Elect Director Richard K. Davis    Mgmt    For    For    For
1e   Elect Director Jeff M. Fettig    Mgmt    For    For    For
1f   Elect Director Andrew N. Liveris    Mgmt    For    For    For
1g   Elect Director Mark Loughridge    Mgmt    For    For    For
1h   Elect Director Raymond J. Milchovich    Mgmt    For    For    For
1i   Elect Director Robert S. Miller    Mgmt    For    For    For
1j   Elect Director Paul Polman    Mgmt    For    For    For
1k   Elect Director Dennis H. Reilley    Mgmt    For    For    For
1l   Elect Director James M. Ringler    Mgmt    For    For    For
1m   Elect Director Ruth G. Shaw    Mgmt    For    For    For
2   Ratify Deloitte & Touche LLP as Auditors    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
4   Pro-rata Vesting of Equity Awards    SH    Against    Refer    Against

Union Pacific Corporation

 

Meeting Date:    05/14/2015    Country:    USA    Primary Security ID:    907818108
Record Date:    03/13/2015    Meeting Type:    Annual    Ticker:    UNP

 

Shares Voted:   205,716          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director Andrew H. Card, Jr.    Mgmt    For    For    For
1.2   Elect Director Erroll B. Davis, Jr.    Mgmt    For    For    For
1.3   Elect Director David B. Dillon    Mgmt    For    For    For
1.4   Elect Director Lance M. Fritz    Mgmt    For    For    For
1.5   Elect Director Judith Richards Hope    Mgmt    For    For    For
1.6   Elect Director John J. Koraleski    Mgmt    For    For    For
1.7   Elect Director Charles C. Krulak    Mgmt    For    For    For
1.8   Elect Director Michael R. McCarthy    Mgmt    For    For    For
1.9   Elect Director Michael W. McConnell    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Union Pacific Corporation

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.10   Elect Director Thomas F. McLarty, III    Mgmt    For    For    For
1.11   Elect Director Steven R. Rogel    Mgmt    For    For    For
1.12   Elect Director Jose H. Villarreal    Mgmt    For    For    For
2   Ratify Deloitte & Touche LLP as Auditors    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
4   Stock Retention/Holding Period    SH    Against    Against    Against
5   Require Independent Board Chairman    SH    Against    Refer    Against

Intel Corporation

 

Meeting Date:    05/21/2015    Country:    USA    Primary Security ID:    458140100
Record Date:    03/23/2015    Meeting Type:    Annual    Ticker:    INTC

 

Shares Voted:   585,400          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Charlene Barshefsky    Mgmt    For    For    For
1b   Elect Director Aneel Bhusri    Mgmt    For    For    For
1c   Elect Director Andy D. Bryant    Mgmt    For    For    For
1d   Elect Director Susan L. Decker    Mgmt    For    For    For
1e   Elect Director John J. Donahoe    Mgmt    For    Refer    Against
1f   Elect Director Reed E. Hundt    Mgmt    For    For    For
1g   Elect Director Brian M. Krzanich    Mgmt    For    For    For
1h   Elect Director James D. Plummer    Mgmt    For    For    For
1i   Elect Director David S. Pottruck    Mgmt    For    For    For
1j   Elect Director Frank D. Yeary    Mgmt    For    For    For
1k   Elect Director David B. Yoffie    Mgmt    For    For    For
2   Ratify Ernst & Young LLP as Auditors    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
4   Amend Omnibus Stock Plan    Mgmt    For    Refer    For
5   Amend Qualified Employee Stock Purchase Plan    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Intel Corporation

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

6   Adopt Holy Land Principles    SH    Against    Refer    Against
7   Require Independent Board Chairman    SH    Against    Refer    For
8   Provide Vote Counting to Exclude Abstentions    SH    Against    For    For

L Brands, Inc.

 

Meeting Date:    05/21/2015    Country:    USA    Primary Security ID:    501797104
Record Date:    03/27/2015    Meeting Type:    Annual    Ticker:    LB

 

Shares Voted:   198,500          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director E. Gordon Gee    Mgmt    For    For    For
1.2   Elect Director Stephen D. Steinour    Mgmt    For    For    For
1.3   Elect Director Allan R. Tessler    Mgmt    For    For    For
1.4   Elect Director Abigail S. Wexner    Mgmt    For    For    For
2   Ratify Ernst & Young LLP as Auditors    Mgmt    For    For    For
3   Amend Omnibus Stock Plan    Mgmt    For    Refer    For
4   Approve Executive Incentive Bonus Plan    Mgmt    For    Refer    For
5   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
6   Reduce Supermajority Vote Requirement    SH    Against    For    For

The Home Depot, Inc.

 

Meeting Date:    05/21/2015    Country:    USA    Primary Security ID:    437076102
Record Date:    03/23/2015    Meeting Type:    Annual    Ticker:    HD

 

Shares Voted:   194,200          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Ari Bousbib    Mgmt    For    For    For
1b   Elect Director Gregory D. Brenneman    Mgmt    For    For    For
1c   Elect Director J. Frank Brown    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

The Home Depot, Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1d   Elect Director Albert P. Carey    Mgmt    For    For    For
1e   Elect Director Armando Codina    Mgmt    For    For    For
1f   Elect Director Helena B. Foulkes    Mgmt    For    For    For
1g   Elect Director Wayne M. Hewett    Mgmt    For    For    For
1h   Elect Director Karen L. Katen    Mgmt    For    For    For
1i   Elect Director Craig A. Menear    Mgmt    For    For    For
1j   Elect Director Mark Vadon    Mgmt    For    For    For
2   Ratify KPMG LLP as Auditors    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
4   Require Independent Board Chairman    SH    Against    Refer    For
5   Amend Bylaws — Call Special Meetings    SH    Against    For    For

Chevron Corporation

 

Meeting Date:    05/27/2015    Country:    USA    Primary Security ID:    166764100
Record Date:    04/01/2015    Meeting Type:    Annual    Ticker:    CVX

 

Shares Voted:   132,800          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Alexander B. Cummings, Jr.    Mgmt    For    For    For
1b   Elect Director Linnet F. Deily    Mgmt    For    For    For
1c   Elect Director Robert E. Denham    Mgmt    For    For    For
1d   Elect Director Alice P. Gast    Mgmt    For    For    For
1e   Elect Director Enrique Hernandez, Jr.    Mgmt    For    For    For
1f   Elect Director Jon M. Huntsman, Jr.    Mgmt    For    For    For
1g   Elect Director Charles W. Moorman, IV    Mgmt    For    For    For
1h   Elect Director John G. Stumpf    Mgmt    For    For    For
1i   Elect Director Ronald D. Sugar    Mgmt    For    For    For
1j   Elect Director Inge G. Thulin    Mgmt    For    For    For
1k   Elect Director Carl Ware    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

Chevron Corporation

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1l   Elect Director John S. Watson    Mgmt    For    For    For
2   Ratify PricewaterhouseCoopers LLP as Auditors    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
4   Report on Charitable Contributions    SH    Against    Against    Against
5   Report on Lobbying Payments and Policy    SH    Against    Against    Against
6   Prohibit Political Spending    SH    Against    Refer    Against
7   Increase Return of Capital to Shareholders in Light of Climate Change Risks    SH    Against    Refer    Against
8   Adopt Quantitative GHG Goals for Products and Operations    SH    Against    Refer    Against
9   Report on the Result of Efforts to Minimize Hydraulic Fracturing Impacts    SH    Against    Refer    Against
10   Proxy Access    SH    Against    Against    Against
11   Require Independent Board Chairman    SH    Against    Refer    For
12   Require Director Nominee with Environmental Experience    SH    Against    Refer    Against
13   Amend Bylaws — Call Special Meetings    SH    Against    For    For

COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION

 

Meeting Date:    06/02/2015    Country:    USA    Primary Security ID:    192446102
Record Date:    04/06/2015    Meeting Type:    Annual    Ticker:    CTSH

 

Shares Voted:   499,790          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Michael Patsalos-Fox    Mgmt    For    For    For
1b   Elect Director Robert E. Weissman    Mgmt    For    For    For
1c   Elect Director Francisco D’Souza    Mgmt    For    For    For
1d   Elect Director John N. Fox, Jr.    Mgmt    For    For    For
1e   Elect Director Leo S. Mackay, Jr.    Mgmt    For    For    For
1f   Elect Director Thomas M. Wendel    Mgmt    For    For    For
2   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2014 to 06/30/2015

Location(s): All Locations

Institution Account(s): 90 Ivy Funds VIP Asset Strategy

 

COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

3   Ratify PricewaterhouseCoopers LLP as Auditors    Mgmt    For    For    For
4   Provide Right to Act by Written Consent    SH    Against    For    Against

Alliance Data Systems Corporation

 

Meeting Date:    06/03/2015    Country:    USA    Primary Security ID:    018581108
Record Date:    04/06/2015    Meeting Type:    Annual    Ticker:    ADS

 

Shares Voted:   64,600          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director Bruce K. Anderson    Mgmt    For    For    For
1.2   Elect Director Roger H. Ballou    Mgmt    For    For    For
1.3   Elect Director D. Keith Cobb    Mgmt    For    For    For
1.4   Elect Director E. Linn Draper, Jr.    Mgmt    For    For    For
1.5   Elect Director Edward J. Heffernan    Mgmt    For    For    For
1.6   Elect Director Kenneth R. Jensen    Mgmt    For    For    For
1.7   Elect Director Robert A. Minicucci    Mgmt    For    For    For
1.8   Elect Director Laurie A. Tucker    Mgmt    For    For    For
2   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
3   Approve Omnibus Stock Plan    Mgmt    For    Refer    For
4   Approve Qualified Employee Stock Purchase Plan    Mgmt    For    For    For
5   Ratify Deloitte & Touche LLP as Auditors    Mgmt    For    For    For
6   Proxy Access    SH    Against    Against    Against

Google Inc.