N-PX 1 d791952dnpx.htm IVY VARIABLE INSURANCE PORTFOLIOS Ivy 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 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, 2018 to June 30, 2019


IVY VIP ASSET STRATEGY

Proxy Voting Record

Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

ITC Ltd.

 

Meeting Date:    07/27/2018    Country:    India    Primary Security ID:    Y4211T171
Record Date:    07/20/2018    Meeting Type:    Annual    Ticker:    ITC

 

Shares Voted:   861,200          

 

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 Dividend    Mgmt    For    For    For
3   Reelect Nakul Anand as Director    Mgmt    For    For    For
4   Reelect Sanjiv Puri as Director    Mgmt    For    For    For
5   Approve Deloitte Haskins & Sells, Chartered Accountants as Auditors and Authorize Board to Fix Their Remuneration    Mgmt    For    For    For
6   Elect John Pulinthanam as Director    Mgmt    For    For    For
7   Approve Redesignation of Sanjiv Puri as Managing Director with Effect from May 16, 2018    Mgmt    For    For    For
8   Reelect Sanjiv Puri as Director and Approve Reappointment and Remuneration of Sanjiv Puri as Managing Director with Effect from July 22, 2019    Mgmt    For    For    For
9   Reelect Nakul Anand as Director and Approve Reappointment and Remuneration of Nakul Anand as Executive Director with Effect from Jan. 3, 2019    Mgmt    For    For    For
10   Reelect Rajiv Tandon as Director and Approve Reappointment and Remuneration of Rajiv Tandon as Executive Director with Effect from July 22, 2019    Mgmt    For    For    For
11   Approve Remuneration and Benefits of Yogesh Chander Deveshwar as Chairman    Mgmt    For    Refer    For
12   Reelect Yogesh Chander Deveshwar as Director    Mgmt    For    Refer    For
13   Reelect Sahibzada Syed Habib-ur-Rehman as Independent Director    Mgmt    For    For    For
14   Reelect Shilabhadra Banerjee as Independent Director    Mgmt    For    For    For
15   Approve Commission to Non-Executive Directors    Mgmt    For    Refer    For
16   Approve Remuneration of P. Raju Iyer as Cost Auditors    Mgmt    For    For    For
17   Approve Remuneration of Shome & Banerjee as Cost Auditors    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Larsen & Toubro Ltd.

 

Meeting Date:    08/23/2018    Country:    India    Primary Security ID:    Y5217N159
Record Date:    08/16/2018    Meeting Type:    Annual    Ticker:    500510

 

Shares Voted:   502,050          

 

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 Dividend    Mgmt    For    For    For
3   Reelect Subramanian Sarma as Director    Mgmt    For    For    For
4   Reelect Sunita Sharma as Director    Mgmt    For    Refer    Against
5   Reelect A.M Naik as Director    Mgmt    For    For    For
6   Reelect D.K Sen as Director    Mgmt    For    For    For
7   Elect Hemant Bhargava as Director    Mgmt    For    For    For
8   Reelect A.M Naik as Non-Executive Director    Mgmt    For    For    For
9   Approve Remuneration of A.M Naik as Non-Executive Director    Mgmt    For    Refer    For
10   Approve Issuance of Secure/Unsecured Redeemable Non-Convertible Debentures on Private Placement Basis    Mgmt    For    Refer    For
11   Approve Remuneration of Cost Auditors    Mgmt    For    For    For

ITC Ltd.

 

Meeting Date:    10/01/2018    Country:    India    Primary Security ID:    Y4211T171
Record Date:    08/17/2018    Meeting Type:    Special    Ticker:    500875

 

Shares Voted:   861,200          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

  Postal Ballot    Mgmt         
1   Approve Grant of Equity Settled Stock Appreciation Rights to the Eligible Employees of the Company Under the lTC Employee Stock Appreciation Rights Scheme 2018    Mgmt    For    For    For
2   Approve Extension of Benefits of the lTC Employee Stock Appreciation Rights Scheme 2018 to Permanent Employees Including Managing/Wholetime Directors, of Subsidiary Companies    Mgmt    For    For    For
3   Approve Variation in the Terms of Remuneration of the Managing Director and other Wholetime Directors of the Company    Mgmt    For    Refer    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Larsen & Toubro Ltd.

 

Meeting Date:    10/01/2018    Country:    India    Primary Security ID:    Y5217N159
Record Date:    08/24/2018    Meeting Type:    Special    Ticker:    500510

 

Shares Voted:   502,050          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

  Postal Ballot    Mgmt         
1   Approve Buy Back of Equity Shares    Mgmt    For    For    For

Alibaba Group Holding Ltd.

 

Meeting Date:    10/31/2018    Country:    Cayman Islands    Primary Security ID:    01609W102
Record Date:    08/24/2018    Meeting Type:    Annual    Ticker:    BABA

 

Shares Voted:   48,047          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

  Meeting for ADR Holders    Mgmt         
1.1   Elect Joseph C. Tsai as Director    Mgmt    For    Refer    Against
1.2   Elect J. Michael Evans as Director    Mgmt    For    Refer    Against
1.3   Elect Eric Xiandong Jing as Director    Mgmt    For    Refer    Against
1.4   Elect Borje E. Ekholm as Director    Mgmt    For    For    For
2   Ratify PricewaterhouseCoopers as Auditors    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Industrial & Commercial Bank of China Ltd.

 

Meeting Date:    11/21/2018    Country:    China    Primary Security ID:    Y3990B112
Record Date:    10/19/2018    Meeting Type:    Special    Ticker:    1398

 

Shares Voted:   10,457,560          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

  EGM BALLOT FOR HOLDERS OF H SHARES    Mgmt         
1   Elect Zheng Fuqing as Director    Mgmt    For    For    For
2   Elect Fei Zhoulin as Director    Mgmt         
3   Elect Nout Wellink as Director    Mgmt    For    For    For
4   Elect Fred Zuliu Hu as Director    Mgmt    For    For    For
5   Elect Qu Qiang as Supervisor    Mgmt    For    Refer    For
6   Approve the Payment Plan of Remuneration to Directors for 2017    Mgmt    For    Refer    For
7   Approve the Payment Plan of Remuneration to Supervisors for 2017    Mgmt    For    Refer    For
8   Approve Proposal to Issue Eligible Tier 2 Capital Instruments    Mgmt    For    Refer    For
9   Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights    Mgmt    For    Refer    Against
  APPROVE PROPOSAL ON THE DOMESTIC PREFERENCE SHARE ISSUANCE PLAN OF THE COMPANY    Mgmt         
10.01   Approve Type of Preference Shares to be Issued in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
10.02   Approve Number of Preference Shares to be Issued and Issue Size in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
10.03   Approve Method of Issuance in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
10.04   Approve Par Value and Issue Price in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
10.05   Approve Maturity in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
10.06   Approve Target Investors in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
10.07   Approve Lock-Up Period in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Industrial & Commercial Bank of China Ltd.

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

10.08   Approve Terms of Distribution of Dividends in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
10.09   Approve Terms of Mandatory Conversion in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
10.10   Approve Terms of Conditional Redemption in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
10.11   Approve Restrictions on Voting Rights in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
10.12   Approve Restoration of Voting Rights in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
10.13   Approve Order of Distribution of Residual Assets and Basis for Liquidation in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
10.14   Approve Rating in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
10.15   Approve Security in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
10.16   Approve Use of Proceeds from the Issuance of the Domestic Preference Shares    Mgmt    For    For    For
10.17   Approve Transfer in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
10.18   Approve Relationship between Domestic and Offshore Issuance in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
10.19   Approve Validity Period of the Resolution in Respect of the Issuance of the Domestic Preference Shares    Mgmt    For    Refer    For
10.20   Approve The Application and Approval Procedures to be Completed for the Issuance in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
10.21   Approve Matters Relating to Authorisation in Relation to the Domestic Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
  APPROVE PROPOSAL ON THE OFFSHORE PREFERENCE SHARE ISSUANCE PLAN OF THE COMPANY    Mgmt         


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Industrial & Commercial Bank of China Ltd.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

11.01   Approve Type of Preference Shares to be Issued in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
11.02   Approve Number of Preference Shares to be Issued and Issue Size in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
11.03   Approve Method of Issuance in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
11.04   Approve Par Value and Issue Price in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
11.05   Approve Maturity in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
11.06   Approve Target Investors in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
11.07   Approve Lock-Up Period in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
11.08   Approve Terms of Distribution of Dividends in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
11.09   Approve Terms of Mandatory Conversion in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
11.10   Approve Terms of Conditional Redemption in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
11.11   Approve Restrictions on Voting Rights in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
11.12   Approve Restoration of Voting Rights in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
11.13   Approve Order of Distribution of Residual Assets and Basis for Liquidation in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
11.14   Approve Rating in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
11.15   Approve Security in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Industrial & Commercial Bank of China Ltd.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

11.16   Approve Use of Proceeds from the Issuance of the Offshore Preference Shares    Mgmt    For    For    For
11.17   Approve Transfer in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
11.18   Approve Relationship Between Offshore and Domestic Issuance in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
11.19   Approve Validity Period of the Resolution in Respect of the Issuance of the Offshore Preference Shares    Mgmt    For    Refer    For
11.20   Approve The Application and Approval Procedures to be Completed for the Issuance in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
11.21   Approve Matters Relating to Authorization in Relation to the Offshore Preference Share Issuance Plan of the Company    Mgmt    For    Refer    For
12   Approve Proposal on the Impact on Dilution of Immediate Returns of the Issuance of Preference Shares and the Remedial Measures of the Company    Mgmt    For    Refer    For
13   Approve Proposal on Formulating the Shareholder Return Plan for 2018 to 2020 of the Company    Mgmt    For    For    For

Microsoft Corp.

 

Meeting Date:    11/28/2018    Country:    USA    Primary Security ID:    594918104
Record Date:    09/26/2018    Meeting Type:    Annual    Ticker:    MSFT

 

Shares Voted:   227,753          

 

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 Reid G. Hoffman    Mgmt    For    For    For
1.3   Elect Director Hugh F. Johnston    Mgmt    For    For    For
1.4   Elect Director Teri L. List-Stoll    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


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Microsoft Corp.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.7   Elect Director Helmut Panke    Mgmt    For    For    For
1.8   Elect Director Sandra E. Peterson    Mgmt    For    For    For
1.9   Elect Director Penny S. Pritzker    Mgmt    For    For    For
1.10   Elect Director Charles W. Scharf    Mgmt    For    For    For
1.11   Elect Director Arne M. Sorenson    Mgmt    For    For    For
1.12   Elect Director John W. Stanton    Mgmt    For    For    For
1.13   Elect Director John W. Thompson    Mgmt    For    For    For
1.14   Elect Director Padmasree Warrior    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

Ferguson Plc

 

Meeting Date:    11/29/2018    Country:    Jersey    Primary Security ID:    G3408R113
Record Date:    11/27/2018    Meeting Type:    Annual    Ticker:    FERG

 

Shares Voted:   78,421          

 

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    Refer    For
3   Approve Remuneration Policy    Mgmt    For    Refer    For
4   Approve Final Dividend    Mgmt    For    For    For
5   Re-elect Tessa Bamford as Director    Mgmt    For    For    For
6   Re-elect Gareth Davis as Director    Mgmt    For    For    For
7   Re-elect John Martin as Director    Mgmt    For    For    For
8   Re-elect Kevin Murphy as Director    Mgmt    For    For    For
9   Re-elect Alan Murray as Director    Mgmt    For    For    For
10   Re-elect Michael Powell as Director    Mgmt    For    For    For
11   Re-elect Darren Shapland as Director    Mgmt    For    For    For
12   Re-elect Dr Nadia Shouraboura as Director    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Ferguson Plc

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

13   Re-elect Jacqueline Simmonds as Director    Mgmt    For    For    For
14   Approve Increase in the Maximum Aggregate Remuneration Payable to Non-executive Directors    Mgmt    For    Refer    For
15   Reappoint Deloitte LLP as Auditors    Mgmt    For    For    For
16   Authorise the Audit Committee to Fix Remuneration of Auditors    Mgmt    For    For    For
17   Authorise EU Political Donations and Expenditure    Mgmt    For    For    For
18   Authorise Issue of Equity with Pre-emptive Rights    Mgmt    For    For    For
19   Authorise Issue of Equity without Pre-emptive Rights    Mgmt    For    For    For
20   Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Other Capital Investment    Mgmt    For    For    For
21   Authorise Market Purchase of Ordinary Shares    Mgmt    For    For    For

Medtronic Plc

 

Meeting Date:    12/07/2018    Country:    Ireland    Primary Security ID:    G5960L103
Record Date:    10/09/2018    Meeting Type:    Annual    Ticker:    MDT

 

Shares Voted:   120,941          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1   Elect Director Richard H. Anderson    Mgmt    For    For    For
1b   Elect Director Craig Arnold    Mgmt    For    For    For
1c   Elect Director Scott C. Donnelly    Mgmt    For    For    For
1d   Elect Director Randall J. Hogan, III    Mgmt    For    For    For
1e   Elect Director Omar Ishrak    Mgmt    For    For    For
1f   Elect Director Michael O. Leavitt    Mgmt    For    For    For
1g   Elect Director James T. Lenehan    Mgmt    For    For    For
1h   Elect Director Elizabeth G. Nabel    Mgmt    For    For    For
1i   Elect Director Denise M. O’Leary    Mgmt    For    For    For
1j   Elect Director Kendall J. Powell    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Medtronic Plc

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

2   Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For

Axis Bank Ltd.

 

Meeting Date:    01/17/2019    Country:    India    Primary Security ID:    Y0487S137
Record Date:    11/30/2018    Meeting Type:    Special    Ticker:    532215

 

Shares Voted:   1,018,929          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

  Postal Ballot    Mgmt         
1   Elect Girish Paranjpe as Director    Mgmt    For    For    For
2   Elect Amitabh Chaudhry as Director    Mgmt    For    For    For
3   Approve Appointment and Remuneration of Amitabh Chaudhry as Managing Director & CEO    Mgmt    For    For    For
4   Reelect Samir K. Barua as Director    Mgmt    For    For    For
5   Reelect Som Mittal as Director    Mgmt    For    For    For
6   Reelect Rohit Bhagat as Director    Mgmt    For    For    For
7   Approve Issuance of Employee Stock Options to Eligible Employees/Whole-Time Directors of the Bank Under the Employee Stock Option Scheme    Mgmt    For    For    For
8   Approve Issuance of Employee Stock Options to Eligible Employees/Whole-Time Directors of Subsidiary Companies of the Bank    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Intuit, Inc.

 

Meeting Date:    01/17/2019    Country:    USA    Primary Security ID:    461202103
Record Date:    11/19/2018    Meeting Type:    Annual    Ticker:    INTU

 

Shares Voted:   48,938          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Eve Burton    Mgmt    For    For    For
1b   Elect Director Scott D. Cook    Mgmt    For    For    For
1c   Elect Director Richard L. Dalzell    Mgmt    For    For    For
1d   Elect Director Sasan Goodarzi    Mgmt    For    For    For
1e   Elect Director Deborah Liu    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 Thomas Szkutak    Mgmt    For    For    For
1j   Elect Director Raul Vazquez    Mgmt    For    For    For
1k   Elect Director Jeff Weiner    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

Visa, Inc.

 

Meeting Date:    01/29/2019    Country:    USA    Primary Security ID:    92826C839
Record Date:    11/30/2018    Meeting Type:    Annual    Ticker:    V

 

Shares Voted:   105,616          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Lloyd A. Carney    Mgmt    For    For    For
1b   Elect Director Mary B. Cranston    Mgmt    For    For    For
1c   Elect Director Francisco Javier Fernandez-Carbajal    Mgmt    For    For    For
1d   Elect Director Alfred F. Kelly, Jr.    Mgmt    For    For    For
1e   Elect Director John F. Lundgren    Mgmt    For    For    For
1f   Elect Director Robert W. Matschullat    Mgmt    For    For    For
1g   Elect Director Denise M. Morrison    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Visa, Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1h   Elect Director Suzanne Nora Johnson    Mgmt    For    For    For
1i   Elect Director John A.C. Swainson    Mgmt    For    For    For
1j   Elect Director Maynard G. Webb, Jr.    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

Compass Group Plc

 

Meeting Date:    02/07/2019    Country:    United Kingdom    Primary Security ID:    G23296208
Record Date:    02/05/2019    Meeting Type:    Annual    Ticker:    CPG

 

Shares Voted:   346,234          

 

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    Refer    For
3   Approve Final Dividend    Mgmt    For    For    For
4   Elect John Bryant as Director    Mgmt    For    For    For
5   Elect Anne-Francoise Nesmes as Director    Mgmt    For    For    For
6   Re-elect Dominic Blakemore as Director    Mgmt    For    For    For
7   Re-elect Gary Green as Director    Mgmt    For    For    For
8   Re-elect Carol Arrowsmith as Director    Mgmt    For    For    For
9   Re-elect John Bason as Director    Mgmt    For    For    For
10   Re-elect Stefan Bomhard as Director    Mgmt    For    For    For
11   Re-elect Nelson Silva as Director    Mgmt    For    For    For
12   Re-elect Ireena Vittal as Director    Mgmt    For    For    For
13   Re-elect Paul Walsh as Director    Mgmt    For    For    For
14   Reappoint KPMG LLP as Auditors    Mgmt    For    For    For
15   Authorise the Audit Committee to Fix Remuneration of Auditors    Mgmt    For    For    For
16   Authorise EU Political Donations and Expenditure    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Compass Group Plc

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

17   Approve Payment of Full Fees Payable to Non-executive Directors    Mgmt    For    Refer    For
18   Authorise Issue of Equity with Pre-emptive Rights    Mgmt    For    For    For
19   Authorise Issue of Equity without Pre-emptive Rights    Mgmt    For    For    For
20   Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Other Capital Investment    Mgmt    For    For    For
21   Authorise Market Purchase of Ordinary Shares    Mgmt    For    For    For
22   Authorise the Company to Call General Meeting with 14 Working Days’ Notice    Mgmt    For    For    For

Apple, Inc.

 

Meeting Date:    03/01/2019    Country:    USA    Primary Security ID:    037833100
Record Date:    01/02/2019    Meeting Type:    Annual    Ticker:    AAPL

 

Shares Voted:   46,804          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director James Bell    Mgmt    For    For    For
1b   Elect Director Tim Cook    Mgmt    For    For    For
1c   Elect Director Al Gore    Mgmt    For    For    For
1d   Elect Director Bob Iger    Mgmt    For    For    For
1e   Elect Director Andrea Jung    Mgmt    For    For    For
1f   Elect Director Art Levinson    Mgmt    For    For    For
1g   Elect Director Ron Sugar    Mgmt    For    For    For
1h   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    For    For
4   Proxy Access Amendments    SH    Against    Against    Against
5   Disclose Board Diversity and Qualifications    SH    Against    Against    Against


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Applied Materials, Inc.

 

Meeting Date:    03/07/2019    Country:    USA    Primary Security ID:    038222105
Record Date:    01/10/2019    Meeting Type:    Annual    Ticker:    AMAT

 

Shares Voted:   198,612          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Judy Bruner    Mgmt    For    For    For
1b   Elect Director Xun (Eric) Chen    Mgmt    For    For    For
1c   Elect Director Aart J. de Geus    Mgmt    For    For    For
1d   Elect Director Gary E. Dickerson    Mgmt    For    For    For
1e   Elect Director Stephen R. Forrest    Mgmt    For    For    For
1f   Elect Director Thomas J. Iannotti    Mgmt    For    For    For
1g   Elect Director Alexander A. Karsner    Mgmt    For    For    For
1h   Elect Director Adrianna C. Ma    Mgmt    For    For    For
1i   Elect Director Scott A. McGregor    Mgmt    For    For    For
1j   Elect Director Dennis D. Powell    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   Provide Right to Act by Written Consent    SH    Against    For    For

QUALCOMM, Inc.

 

Meeting Date:    03/12/2019    Country:    USA    Primary Security ID:    747525103
Record Date:    01/14/2019    Meeting Type:    Annual    Ticker:    QCOM

 

Shares Voted:   210,039          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Barbara T. Alexander    Mgmt    For    For    For
1b   Elect Director Mark Fields    Mgmt    For    For    For
1c   Elect Director Jeffrey W. Henderson    Mgmt    For    For    For
1d   Elect Director Ann M. Livermore    Mgmt    For    For    For
1e   Elect Director Harish Manwani    Mgmt    For    For    For
1f   Elect Director Mark D. McLaughlin    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

QUALCOMM, Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1g   Elect Director Steve Mollenkopf    Mgmt    For    For    For
1h   Elect Director Clark T. “Sandy” Randt, Jr.    Mgmt    For    For    For
1i   Elect Director Francisco Ros    Mgmt    For    For    For
1j   Elect Director Irene B. Rosenfeld    Mgmt    For    For    For
1k   Elect Director Neil Smit    Mgmt    For    For    For
1l   Elect Director Anthony J. Vinciquerra    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

Samsung Electronics Co., Ltd.

 

Meeting Date:    03/20/2019    Country:    South Korea    Primary Security ID:    Y74718100
Record Date:    12/31/2018    Meeting Type:    Annual    Ticker:    005930

 

Shares Voted:   154,427          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1   Approve Financial Statements and Allocation of Income    Mgmt    For    For    For
2.1.1   Elect Bahk Jae-wan as Outside Director    Mgmt    For    Refer    Against
2.1.2   Elect Kim Han-jo as Outside Director    Mgmt    For    For    For
2.1.3   Elect Ahn Curie as Outside Director    Mgmt    For    For    For
2.2.1   Elect Bahk Jae-wan as a Member of Audit Committee    Mgmt    For    Refer    Against
2.2.2   Elect Kim Han-jo as a Member of Audit Committee    Mgmt    For    For    For
3   Approve Total Remuneration of Inside Directors and Outside Directors    Mgmt    For    Refer    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Sampo Oyj

 

Meeting Date:    04/09/2019    Country:    Finland    Primary Security ID:    X75653109
Record Date:    03/28/2019    Meeting Type:    Annual    Ticker:    SAMPO

 

Shares Voted:   178,447          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1   Open Meeting    Mgmt         
2   Call the Meeting to Order    Mgmt         
3   Designate Inspector or Shareholder Representative(s) of Minutes of Meeting    Mgmt    For    For    For
4   Acknowledge Proper Convening of Meeting    Mgmt    For    For    For
5   Prepare and Approve List of Shareholders    Mgmt    For    For    For
6   Receive Financial Statements and Statutory Reports; Receive Board’s Report; Receive Auditor’s Report    Mgmt         
7   Accept Financial Statements and Statutory Reports    Mgmt    For    For    For
8a   Approve Allocation of Income and Dividends of EUR 2.85 Per Share    Mgmt    For    For    For
8b   Authorize Board to Distribute Extra Dividend of up to EUR 0.90 Per Share    Mgmt    For    For    For
9   Approve Discharge of Board and President    Mgmt    For    For    For
10   Approve Remuneration of Directors in the Amount of EUR 175,000 for Chairman, EUR 90,000 for Other Directors; Approve Remuneration for Committee Work    Mgmt    For    Refer    For
11   Fix Number of Directors at Eight    Mgmt    For    For    For
12   Reelect Christian Clausen, Jannica Fagerholm, Veli-Matti Mattila, Risto Murto, Antti Makinen and Bjorn Wahlroos as Directors; Elect Fiona Clutterbuck and Johanna Lamminen as New Directors    Mgmt    For    For    For
13   Approve Remuneration of Auditors    Mgmt    For    For    For
14   Ratify Ernst & Young as Auditors    Mgmt    For    For    For
15   Authorize Share Repurchase Program    Mgmt    For    For    For
16   Close Meeting    Mgmt         


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Airbus SE

 

Meeting Date:    04/10/2019    Country:    Netherlands    Primary Security ID:    N0280G100
Record Date:    03/13/2019    Meeting Type:    Annual    Ticker:    AIR

 

Shares Voted:   123,424          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

  Annual Meeting Agenda    Mgmt         
1   Open Meeting    Mgmt         
2.1   Discussion on Company’s Corporate Governance Structure    Mgmt         
2.2   Receive Report on Business and Financial Statements    Mgmt         
2.3   Discuss Implementation of the Remuneration Policy    Mgmt         
2.4   Receive Explanation on Company’s Reserves and Dividend Policy    Mgmt         
3   Discussion of Agenda Items    Mgmt         
4.1   Adopt Financial Statements    Mgmt    For    For    For
4.2   Approve Allocation of Income and Dividends of EUR of 1.65 per Share    Mgmt    For    For    For
4.3   Approve Discharge of Non-Executive Members of the Board of Directors    Mgmt    For    For    Against
4.4   Approve Discharge of Executive Members of the Board of Directors    Mgmt    For    For    Against
4.5   Ratify Ernst & Young as Auditors    Mgmt    For    For    For
4.6   Amend Remuneration Policy    Mgmt    For    Refer    For
4.7   Elect Guillaume Faury as Executive Director    Mgmt    For    For    For
4.8   Reelect Catherine Guillouard as Non-Executive Director    Mgmt    For    For    For
4.9   Reelect Claudia Nemat as Non-Executive Director    Mgmt    For    For    For
4.10   Reelect Carlos Tavares as Non-Executive Director    Mgmt    For    For    For
4.11   Grant Board Authority to Issue Shares Up To 0.52 Percent of Issued Capital and Exclude Preemptive Rights Re: ESOP and LTIP Plans    Mgmt    For    For    For
4.12   Grant Board Authority to Issue Shares Up To 1.16 Percent of Issued Capital and Exclude Preemptive Rights Re: Company Funding    Mgmt    For    For    For
4.13   Authorize Repurchase of Up to 10 Percent of Issued Share Capital    Mgmt    For    For    For
4.14   Approve Cancellation of Repurchased Shares    Mgmt    For    For    For
5   Close Meeting    Mgmt         


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Adobe Inc.

 

Meeting Date:    04/11/2019    Country:    USA    Primary Security ID:    00724F101
Record Date:    02/13/2019    Meeting Type:    Annual    Ticker:    ADBE

 

Shares Voted:   41,726          

 

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 Frank A. Calderoni    Mgmt    For    For    For
1c   Elect Director James E. Daley    Mgmt    For    For    For
1d   Elect Director Laura B. Desmond    Mgmt    For    For    For
1e   Elect Director Charles M. Geschke    Mgmt    For    For    For
1f   Elect Director Shantanu Narayen    Mgmt    For    For    For
1g   Elect Director Kathleen Oberg    Mgmt    For    For    For
1h   Elect Director Dheeraj Pandey    Mgmt    For    For    For
1i   Elect Director David A. Ricks    Mgmt    For    For    For
1j   Elect Director Daniel L. Rosensweig    Mgmt    For    For    For
1k   Elect Director John E. Warnock    Mgmt    For    For    For
2   Approve 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
5   Report on Gender Pay Gap    SH    Against    Against    Against

Nestle SA

 

Meeting Date:    04/11/2019    Country:    Switzerland    Primary Security ID:    H57312649
Record Date:       Meeting Type:    Annual    Ticker:    NESN

 

Shares Voted:   143,743      

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Accept Financial Statements and Statutory Reports    Mgmt    For    For    For
1.2   Approve Remuneration Report    Mgmt    For    Refer    For
2   Approve Discharge of Board and Senior Management    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Nestle SA

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

3   Approve Allocation of Income and Dividends of CHF 2.45 per Share    Mgmt    For    For    For
4.1a   Reelect Paul Bulcke as Director and Board Chairman    Mgmt    For    For    Against
4.1b   Reelect Ulf Schneider as Director    Mgmt    For    For    Against
4.1c   Reelect Henri de Castries as Director    Mgmt    For    For    For
4.1d   Reelect Beat Hess as Director    Mgmt    For    For    For
4.1e   Reelect Renato Fassbind as Director    Mgmt    For    For    For
4.1f   Reelect Ann Veneman as Director    Mgmt    For    For    For
4.1g   Reelect Eva Cheng as Director    Mgmt    For    For    For
4.1h   Reelect Patrick Aebischer as Director    Mgmt    For    For    For
4.1i   Reelect Ursula Burns as Director    Mgmt    For    For    For
4.1j   Reelect Kasper Rorsted as Director    Mgmt    For    For    For
4.1k   Reelect Pablo Isla as Director    Mgmt    For    For    For
4.1l   Reelect Kimberly Ross as Director    Mgmt    For    For    For
4.2.1   Elect Dick Boer as Director    Mgmt    For    For    For
4.2.2   Elect Dinesh Paliwal as Director    Mgmt    For    For    For
4.3.1   Appoint Beat Hess as Member of the Compensation Committee    Mgmt    For    For    For
4.3.2   Appoint Patrick Aebischer as Member of the Compensation Committee    Mgmt    For    For    For
4.3.3   Appoint Ursula Burns as Member of the Compensation Committee    Mgmt    For    For    For
4.3.4   Appoint Pablo Isla as Member of the Compensation Committee    Mgmt    For    For    For
4.4   Ratify KPMG AG as Auditors    Mgmt    For    For    For
4.5   Designate Hartmann Dreyer as Independent Proxy    Mgmt    For    For    For
5.1   Approve Remuneration of Directors in the Amount of CHF 10 Million    Mgmt    For    Refer    For
5.2   Approve Maximum Remuneration of Executive Committee in the Amount of CHF 55 Million    Mgmt    For    For    For
6   Approve CHF 8.7 Million Reduction in Share Capital via Cancellation of Repurchased Shares    Mgmt    For    For    For
7   Transact Other Business (Voting)    Mgmt    Against    Against    Against


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

UniCredit SpA

 

Meeting Date:    04/11/2019    Country:    Italy    Primary Security ID:    T9T23L642
Record Date:    04/02/2019    Meeting Type:    Annual/Special    Ticker:    UCG

 

Shares Voted:   489,485          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

  Ordinary Business    Mgmt         
  Management Proposals    Mgmt         
1   Accept Financial Statements and Statutory Reports; Elimination of Negative Reserves    Mgmt    For    For    For
2   Approve Allocation of Income    Mgmt    For    For    For
  Appoint Internal Statutory Auditors (Slate Election) - Choose One of the Following Slates    Mgmt         
3.1   Slate 1 Submitted by Allianz    SH    None    For    For
3.2   Slate 2 Submitted by Institutional Investors (Assogestioni)    SH    None    Refer    Do Not Vote
  Shareholder Proposal Submitted by Allianz    Mgmt         
4   Approve Internal Auditors’ Remuneration    SH    None    Refer    For
  Management Proposals    Mgmt         
5   Elect Elena Carletti as Director    Mgmt    For    For    For
6   Approve 2019 Group Incentive System    Mgmt    For    Refer    For
7   Approve Remuneration Policy    Mgmt    For    Refer    For
8   Approve Severance Payments Policy    Mgmt    For    Refer    For
9   Authorize Share Repurchase Program and Reissuance of Repurchased Shares    Mgmt    For    For    For
  Extraordinary Business    Mgmt         
1   Authorize Board to Increase Capital to Service 2018 Group Incentive System    Mgmt    For    Refer    For
2   Authorize Board to Increase Capital to Service 2019 Group Incentive System    Mgmt    For    Refer    For
3   Amend Articles of Association Re: Article 6    Mgmt    For    Refer    For
A   Deliberations on Possible Legal Action Against Directors if Presented by Shareholders    Mgmt    None    Refer    Against


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Citigroup Inc.

 

Meeting Date:    04/16/2019    Country:    USA    Primary Security ID:    172967424
Record Date:    02/19/2019    Meeting Type:    Annual    Ticker:    C

 

Shares Voted:   115,525          

 

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 Ellen M. Costello    Mgmt    For    For    For
1c   Elect Director Barbara J. Desoer    Mgmt    For    For    For
1d   Elect Director John C. Dugan    Mgmt    For    For    For
1e   Elect Director Duncan P. Hennes    Mgmt    For    For    For
1f   Elect Director Peter B. Henry    Mgmt    For    For    For
1g   Elect Director S. Leslie Ireland    Mgmt    For    For    For
1h   Elect Director Lew W. (Jay) Jacobs, IV    Mgmt    For    For    For
1i   Elect Director Renee J. James    Mgmt    For    For    For
1j   Elect Director Eugene M. McQuade    Mgmt    For    For    For
1k   Elect Director Gary M. Reiner    Mgmt    For    For    For
1l   Elect Director Diana L. Taylor    Mgmt    For    For    For
1m   Elect Director James S. Turley    Mgmt    For    For    For
1n   Elect Director Deborah C. Wright    Mgmt    For    For    For
1o   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   Approve Omnibus Stock Plan    Mgmt    For    For    For
5   Amend Proxy Access Right    SH    Against    Against    Against
6   Prohibit Accelerated Vesting of Awards to Pursue Government Service    SH    Against    Refer    For
7   Reduce Ownership Threshold for Shareholders to Call Special Meeting    SH    Against    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Beiersdorf AG

 

Meeting Date:    04/17/2019    Country:    Germany    Primary Security ID:    D08792109
Record Date:    03/26/2019    Meeting Type:    Annual    Ticker:    BEI

 

Shares Voted:   63,419          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1   Receive Financial Statements and Statutory Reports for Fiscal 2018 (Non-Voting)    Mgmt         
2   Approve Allocation of Income and Dividends of EUR 0.70 per Share    Mgmt    For    Against    Against
3   Approve Discharge of Management Board for Fiscal 2018    Mgmt    For    For    For
4   Approve Discharge of Supervisory Board for Fiscal 2018    Mgmt    For    For    For
5   Ratify Ernst & Young GmbH as Auditors for Fiscal 2019    Mgmt    For    For    For
6.1   Elect Hong Chow to the Supervisory Board    Mgmt    For    For    For
6.2   Elect Martin Hansson to the Supervisory Board    Mgmt    For    Refer    Against
6.3   Elect Michael Herz to the Supervisory Board    Mgmt    For    Refer    Against
6.4   Elect Christine Martel to the Supervisory Board    Mgmt    For    For    For
6.5   Elect Frederic Pflanz to the Supervisory Board    Mgmt    For    For    Against
6.6   Elect Reinhard Poellath to the Supervisory Board    Mgmt    For    Refer    Against
6.7   Elect Beatrice Dreyfus as Alternate Supervisory Board Member    Mgmt    For    For    For

VINCI SA

 

Meeting Date:    04/17/2019    Country:    France    Primary Security ID:    F5879X108
Record Date:    04/15/2019    Meeting Type:    Annual/Special    Ticker:    DG

 

Shares Voted:   85,319          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

  Ordinary Business    Mgmt         
1   Approve Consolidated Financial Statements and Statutory Reports    Mgmt    For    For    For
2   Approve Financial Statements and Statutory Reports    Mgmt    For    For    For
3   Approve Allocation of Income and Dividends of EUR 2.67 per Share    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

VINCI SA

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

4   Reelect Robert Castaigne as Director    Mgmt    For    For    For
5   Reelect Ana Paula Pessoa as Director    Mgmt    For    For    For
6   Reelect Pascale Sourisse as Director    Mgmt    For    For    For
7   Elect Caroline Gregoire Sainte Marie as Director    Mgmt    For    For    For
8   Elect Dominique Muller Joly-Pottuz as Representative of Employee Shareholders to the Board    Mgmt    None    Refer    For
9   Elect Francoise Roze as Representative of Employee Shareholders to the Board    Mgmt    None    Refer    Against
10   Elect Jarmila Matouskova as Representative of Employee Shareholders to the Board    Mgmt    None    Refer    Against
11   Elect Jean-Charles Garaffa as Representative of Employee Shareholders to the Board    Mgmt    None    Refer    Against
12   Renew Appointment of Deloitte Et Associes as Auditor    Mgmt    For    For    For
13   Appoint PricewaterhouseCoopers Audit as Auditor    Mgmt    For    For    For
14   Approve Remuneration of Directors in the Aggregate Amount of EUR 1.6 Million    Mgmt    For    Refer    For
15   Authorize Repurchase of Up to 10 Percent of Issued Share Capital    Mgmt    For    For    For
16   Approve Remuneration Policy for Chairman and CEO    Mgmt    For    Refer    For
17   Approve Compensation of Xavier Huillard, Chairman and CEO    Mgmt    For    Refer    For
  Extraordinary Business    Mgmt         
18   Authorize Decrease in Share Capital via Cancellation of Repurchased Shares    Mgmt    For    For    For
19   Authorize Capitalization of Reserves for Bonus Issue or Increase in Par Value    Mgmt    For    For    For
20   Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 300 Million    Mgmt    For    For    For
21   Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 150 Million    Mgmt    For    For    For
22   Approve Issuance of Equity or Equity-Linked Securities for Private Placements, up to Aggregate Nominal Amount of EUR 150 Million    Mgmt    For    Refer    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

VINCI SA

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

23   Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Under Items 20-22    Mgmt    For    For    For
24   Authorize Capital Increase of up to 10 Percent of Issued Capital for Contributions in Kind    Mgmt    For    For    For
25   Authorize Capital Issuances for Use in Employee Stock Purchase Plans    Mgmt    For    Refer    For
26   Authorize Capital Issuances for Use in Employee Stock Purchase Plans Reserved for Employees of International Subsidiaries    Mgmt    For    Refer    For
27   Amend Article 10 of Bylaws Re: Shareholding Disclosure Thresholds    Mgmt    For    Refer    For
28   Amend Article 16 of Bylaws to Comply with Legal Changes Re: Auditors    Mgmt    For    For    For
29   Authorize Filing of Required Documents/Other Formalities    Mgmt    For    For    For

Noble Energy, Inc.

 

Meeting Date:    04/23/2019    Country:    USA    Primary Security ID:    655044105
Record Date:    02/22/2019    Meeting Type:    Annual    Ticker:    NBL

 

Shares Voted:   184,346          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Jeffrey L. Berenson    Mgmt    For    For    For
1b   Elect Director Michael A. Cawley    Mgmt    For    For    For
1c   Elect Director James E. Craddock    Mgmt    For    Refer    For
1d   Elect Director Barbara J. Duganier    Mgmt    For    For    For
1e   Elect Director Thomas J. Edelman    Mgmt    For    For    For
1f   Elect Director Holli C. Ladhani    Mgmt    For    For    For
1g   Elect Director David L. Stover    Mgmt    For    For    For
1h   Elect Director Scott D. Urban    Mgmt    For    For    For
1i   Elect Director William T. Van Kleef    Mgmt    For    For    For
2   Ratify KPMG LLP as Auditor    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
4   Amend Omnibus Stock Plan    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

ASML Holding NV

 

Meeting Date:    04/24/2019    Country:    Netherlands    Primary Security ID:    N07059202
Record Date:    03/27/2019    Meeting Type:    Annual    Ticker:    ASML

 

Shares Voted:   40,637          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

  Annual Meeting Agenda    Mgmt         
1   Open Meeting    Mgmt         
2   Discuss the Company’s Business, Financial Situation and Sustainability    Mgmt         
3.a   Discuss Remuneration Policy    Mgmt         
3.b   Adopt Financial Statements and Statutory Reports    Mgmt    For    For    For
3.c   Receive Clarification on Company’s Reserves and Dividend Policy    Mgmt         
3.d   Approve Dividends of EUR 2.10 Per Share    Mgmt    For    For    For
4.a   Approve Discharge of Management Board    Mgmt    For    For    For
4.b   Approve Discharge of Supervisory Board    Mgmt    For    For    For
5   Amend Remuneration Policy    Mgmt    For    Refer    For
6   Approve 200,000 Performance Shares for Board of Management    Mgmt    For    For    For
7   Discussion of Updated Supervisory Board Profile    Mgmt         
8.a   Reelect G.J. Kleisterlee to Supervisory Board    Mgmt    For    For    For
8.b   Reelect A.P. Aris to Supervisory Board    Mgmt    For    For    For
8.c   Reelect R.D. Schwalb to Supervisory Board    Mgmt    For    For    For
8.d   Reelect W.H. Ziebart to Supervisory Board    Mgmt    For    For    For
8.e   Receive Retirement Schedule of the Supervisory Board    Mgmt         
9   Approve Remuneration of Supervisory Board    Mgmt    For    Refer    For
10   Ratify KPMG as Auditors    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

ASML Holding NV

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

11.a   Grant Board Authority to Issue Shares Up to 5 Percent of Issued Capital for General Purposes    Mgmt    For    For    For
11.b   Authorize Board to Exclude Preemptive Rights from Share Issuances Under Item 11.a    Mgmt    For    For    For
11.c   Grant Board Authority to Issue or Grant Rights to Subscribe for Ordinary Shares Up to 5 Percent in Case of Merger or Acquisition    Mgmt    For    For    For
11.d   Authorize Board to Exclude Preemptive Rights from Share Issuances Under Item 11.c    Mgmt    For    For    For
12.a   Authorize Repurchase of Up to 10 Percent of Issued Share Capital    Mgmt    For    For    For
12.b   Authorize Additional Repurchase of Up to 10 Percent of Issued Share Capital    Mgmt    For    For    For
13   Authorize Cancellation of Repurchased Shares    Mgmt    For    For    For
14   Other Business (Non-Voting)    Mgmt         
15   Close Meeting    Mgmt         

The Coca-Cola Company

 

Meeting Date:    04/24/2019    Country:    USA    Primary Security ID:    191216100
Record Date:    02/25/2019    Meeting Type:    Annual    Ticker:    KO

 

Shares Voted:   156,816          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director Herbert A. Allen    Mgmt    For    For    For
1.2   Elect Director Ronald W. Allen    Mgmt    For    For    For
1.3   Elect Director Marc Bolland    Mgmt    For    For    For
1.4   Elect Director Ana Botin    Mgmt    For    For    For
1.5   Elect Director Christopher C. Davis    Mgmt    For    For    For
1.6   Elect Director Barry Diller    Mgmt    For    For    For
1.7   Elect Director Helene D. Gayle    Mgmt    For    For    For
1.8   Elect Director Alexis M. Herman    Mgmt    For    For    For
1.9   Elect Director Robert A. Kotick    Mgmt    For    For    For
1.10   Elect Director Maria Elena Lagomasino    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

The Coca-Cola Company

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.11   Elect Director James Quincey    Mgmt    For    For    For
1.12   Elect Director Caroline J. Tsay    Mgmt    For    For    For
1.13   Elect Director David B. Weinberg    Mgmt    For    For    For
2   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
3   Ratify Ernst & Young LLP as Auditor    Mgmt    For    For    For
4   Require Independent Board Chairman    SH    Against    Refer    Against
5   Report on the Health Impacts and Risks of Sugar in the Company’s Products    SH    Against    Refer    Against

Lockheed Martin Corporation

 

Meeting Date:    04/25/2019    Country:    USA    Primary Security ID:    539830109
Record Date:    02/22/2019    Meeting Type:    Annual    Ticker:    LMT

 

Shares Voted:   20,502          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director Daniel F. Akerson    Mgmt    For    For    For
1.2   Elect Director David B. Burritt    Mgmt    For    For    For
1.3   Elect Director Bruce A. Carlson    Mgmt    For    For    For
1.4   Elect Director James O. Ellis, Jr.    Mgmt    For    For    For
1.5   Elect Director Thomas J. Falk    Mgmt    For    For    For
1.6   Elect Director Ilene S. Gordon    Mgmt    For    For    For
1.7   Elect Director Marillyn A. Hewson    Mgmt    For    For    For
1.8   Elect Director Vicki A. Hollub    Mgmt    For    For    For
1.9   Elect Director Jeh C. Johnson    Mgmt    For    For    For
1.10   Elect Director James D. Taiclet, Jr.    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 Proxy Access Bylaw    SH    Against    Against    Against


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Pfizer Inc.

 

Meeting Date:    04/25/2019    Country:    USA    Primary Security ID:    717081103
Record Date:    02/26/2019    Meeting Type:    Annual    Ticker:    PFE

 

Shares Voted:   405,673          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director Ronald E. Blaylock    Mgmt    For    For    For
1.2   Elect Director Albert Bourla    Mgmt    For    For    For
1.3   Elect Director W. Don Cornwell    Mgmt    For    For    For
1.4   Elect Director Joseph J. Echevarria    Mgmt    For    For    For
1.5   Elect Director Helen H. Hobbs    Mgmt    For    For    For
1.6   Elect Director James M. Kilts    Mgmt    For    For    For
1.7   Elect Director Dan R. Littman    Mgmt    For    For    For
1.8   Elect Director Shantanu Narayen    Mgmt    For    For    For
1.9   Elect Director Suzanne Nora Johnson    Mgmt    For    For    For
1.10   Elect Director Ian C. Read    Mgmt    For    For    For
1.11   Elect Director James C. Smith    Mgmt    For    For    For
2   Ratify KPMG LLP as Auditor    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
4   Approve Omnibus Stock Plan    Mgmt    For    For    For
5   Provide Right to Act by Written Consent    SH    Against    For    For
6   Report on Lobbying Payments and Policy    SH    Against    Against    Against
7   Require Independent Board Chairman    SH    Against    Refer    Against
8   Report on Integrating Risks Related to Drug Pricing into Senior Executive Compensation    SH    Against    Against    Against


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Schneider Electric SE

 

Meeting Date:    04/25/2019    Country:    France    Primary Security ID:    F86921107
Record Date:    04/23/2019    Meeting Type:    Annual/Special    Ticker:    SU

 

Shares Voted:   90,950          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

  Ordinary Business    Mgmt         
1   Approve Financial Statements and Statutory Reports    Mgmt    For    For    For
2   Approve Consolidated Financial Statements and Statutory Reports    Mgmt    For    For    For
3   Approve Allocation of Income and Dividends of EUR 2.35 per Share    Mgmt    For    For    For
4   Approve Auditors’ Special Report on Related-Party Transactions    Mgmt    For    Refer    For
5   Approve Compensation of Jean Pascal Tricoire, Chairman and CEO    Mgmt    For    Refer    For
6   Approve Compensation of Emmanuel Babeau, Vice-CEO    Mgmt    For    Refer    For
7   Approve Remuneration Policy of Chairman and CEO    Mgmt    For    Refer    For
8   Approve Remuneration Policy of Vice-CEO    Mgmt    For    Refer    For
9   Reelect Greg Spierkel as Director    Mgmt    For    For    For
10   Elect Carolina Dybeck Happe as Director    Mgmt    For    For    For
11   Elect Xuezheng Ma as Director    Mgmt    For    For    For
12   Elect Lip Bu Tan as Director    Mgmt    For    For    For
13   Approve Remuneration of Directors in the Aggregate Amount of EUR 2.5 Million    Mgmt    For    Refer    For
14   Authorize Repurchase of Up to 10 Percent of Issued Share Capital    Mgmt    For    For    For
  Extraordinary Business    Mgmt         
15   Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 800 Million    Mgmt    For    For    Against
16   Authorize Capitalization of Reserves of Up to EUR 800 Million for Bonus Issue or Increase in Par Value    Mgmt    For    For    For
17   Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 230 Million    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Schneider Electric SE

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

18   Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Under Items 15 and 17    Mgmt    For    For    For
19   Authorize Capital Increase of up to 9.93 Percent of Issued Capital for Contributions in Kind    Mgmt    For    Refer    For
20   Approve Issuance of Equity or Equity-Linked Securities for Private Placements up to Aggregate Nominal Amount of EUR 115 Million    Mgmt    For    Refer    For
21   Authorize up to 2 Percent of Issued Capital for Use in Restricted Stock Plans    Mgmt    For    For    For
22   Authorize Capital Issuances for Use in Employee Stock Purchase Plans    Mgmt    For    Refer    For
23   Authorize Capital Issuances for Use in Employee Stock Purchase Plans Reserved for Employees of International Subsidiaries    Mgmt    For    Refer    For
24   Authorize Decrease in Share Capital via Cancellation of Repurchased Shares    Mgmt    For    For    For
  Ordinary Business    Mgmt         
25   Authorize Filing of Required Documents/Other Formalities    Mgmt    For    For    For

Merck KGaA

 

Meeting Date:    04/26/2019    Country:    Germany    Primary Security ID:    D5357W103
Record Date:    04/04/2019    Meeting Type:    Annual    Ticker:    MRK

 

Shares Voted:   57,838          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1   Receive Financial Statements and Statutory Reports for Fiscal 2018 (Non-Voting)    Mgmt         
2   Accept Financial Statements and Statutory Reports for Fiscal 2018    Mgmt    For    For    For
3   Approve Allocation of Income and Dividends of EUR 1.25 per Share    Mgmt    For    For    For
4   Approve Discharge of Management Board for Fiscal 2018    Mgmt    For    For    For
5   Approve Discharge of Supervisory Board for Fiscal 2018    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Merck KGaA

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

6   Ratify KPMG AG as Auditors for Fiscal 2019    Mgmt    For    For    For
7.1   Elect Wolfgang Buechele to the Supervisory Board    Mgmt    For    For    For
7.2   Elect Michael Kleinemeier to the Supervisory Board    Mgmt    For    For    For
7.3   Elect Renate Koehler to the Supervisory Board    Mgmt    For    For    For
7.4   Elect Helene von Roeder to the Supervisory Board    Mgmt    For    For    For
7.5   Elect Helga Ruebsamen-Schaeff to the Supervisory Board    Mgmt    For    For    For
7.6   Elect Daniel Thelen to the Supervisory Board    Mgmt    For    For    For

EOG Resources, Inc.

 

Meeting Date:    04/29/2019    Country:    USA    Primary Security ID:    26875P101
Record Date:    03/01/2019    Meeting Type:    Annual    Ticker:    EOG

 

Shares Voted:   71,241          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Janet F. Clark    Mgmt    For    For    For
1b   Elect Director Charles R. Crisp    Mgmt    For    For    For
1c   Elect Director Robert P. Daniels    Mgmt    For    For    For
1d   Elect Director James C. Day    Mgmt    For    For    For
1e   Elect Director C. Christopher Gaut    Mgmt    For    For    For
1f   Elect Director Julie J. Robertson    Mgmt    For    For    For
1g   Elect Director Donald F. Textor    Mgmt    For    For    For
1h   Elect Director William R. Thomas    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


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Ferguson Plc

 

Meeting Date:    04/29/2019    Country:    Jersey    Primary Security ID:    G3408R113
Record Date:    04/25/2019    Meeting Type:    Special    Ticker:    FERG

 

Shares Voted:   78,221          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1   Approve Introduction of a New Jersey Incorporated and UK Tax-resident Holding Company    Mgmt    For    Refer    For
2   Approve Cancellation of Share Premium Account    Mgmt    For    Refer    For
3   Approve Delisting of Ordinary Shares from the Official List    Mgmt    For    Refer    For
4   Approve Change of Company Name to Ferguson Holdings Limited; Amend Memorandum of Association    Mgmt    For    Refer    For
5   Adopt New Articles of Association    Mgmt    For    Refer    For
6   Approve Employee Share Purchase Plan, International Sharesave Plan and Long Term Incentive Plan    Mgmt    For    Refer    For

Ferguson Plc

 

Meeting Date:    04/29/2019    Country:    Jersey    Primary Security ID:    G3408R113
Record Date:    04/25/2019    Meeting Type:    Court    Ticker:    FERG

 

Shares Voted:   78,221          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

  Court Meeting    Mgmt         
1   Approve Scheme of Arrangement    Mgmt    For    Refer    For

Cabot Oil & Gas Corporation

 

Meeting Date:    05/01/2019    Country:    USA    Primary Security ID:    127097103
Record Date:    03/05/2019    Meeting Type:    Annual    Ticker:    COG

 

Shares Voted:   185,106          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director Dorothy M. Ables    Mgmt    For    For    For
1.2   Elect Director Rhys J. Best    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Cabot Oil & Gas Corporation

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.3   Elect Director Robert S. Boswell    Mgmt    For    For    For
1.4   Elect Director Amanda M. Brock    Mgmt    For    For    For
1.5   Elect Director Peter B. Delaney    Mgmt    For    For    For
1.6   Elect Director Dan O. Dinges    Mgmt    For    For    For
1.7   Elect Director Robert Kelley    Mgmt    For    For    For
1.8   Elect Director W. Matt Ralls    Mgmt    For    For    For
1.9   Elect Director Marcus A. Watts    Mgmt    For    For    For
2   Ratify PricewaterhouseCoopers LLP as Auditor    Mgmt    For    For    For
3   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For

Philip Morris International Inc.

 

Meeting Date:    05/01/2019    Country:    USA    Primary Security ID:    718172109
Record Date:    03/08/2019    Meeting Type:    Annual    Ticker:    PM

 

Shares Voted:   129,602          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director Andre Calantzopoulos    Mgmt    For    For    For
1.2   Elect Director Louis C. Camilleri    Mgmt    For    For    For
1.3   Elect Director Massimo Ferragamo    Mgmt    For    For    For
1.4   Elect Director Werner Geissler    Mgmt    For    For    For
1.5   Elect Director Lisa A. Hook    Mgmt    For    For    For
1.6   Elect Director Jennifer Li    Mgmt    For    For    For
1.7   Elect Director Jun Makihara    Mgmt    For    For    For
1.8   Elect Director Kalpana Morparia    Mgmt    For    For    For
1.9   Elect Director Lucio A. Noto    Mgmt    For    For    For
1.10   Elect Director Frederik Paulsen    Mgmt    For    For    For
1.11   Elect Director Robert B. Polet    Mgmt    For    For    For
1.12   Elect Director Stephen M. Wolf    Mgmt    For    For    For
2   Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
3   Ratify PricewaterhouseCoopers SA as Auditor    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Berkshire Hathaway Inc.

 

Meeting Date:    05/04/2019    Country:    USA    Primary Security ID:    084670702
Record Date:    03/06/2019    Meeting Type:    Annual    Ticker:    BRK.B

 

Shares Voted:   42,700          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director Warren E. Buffet    Mgmt    For    For    For
1.2   Elect Director Charles T. Munger    Mgmt    For    For    For
1.3   Elect Director Gregory E. Abel    Mgmt    For    For    For
1.4   Elect Director Howard G. Buffett    Mgmt    For    For    For
1.5   Elect Director Stephen B. Burke    Mgmt    For    For    For
1.6   Elect Director Susan L. Decker    Mgmt    For    For    For
1.7   Elect Director William H. Gates, III    Mgmt    For    For    For
1.8   Elect Director David S. Gottesman    Mgmt    For    For    For
1.9   Elect Director Charlotte Guyman    Mgmt    For    For    For
1.10   Elect Director Ajit Jain    Mgmt    For    For    For
1.11   Elect Director Thomas S. Murphy    Mgmt    For    For    For
1.12   Elect Director Ronald L. Olson    Mgmt    For    For    For
1.13   Elect Director Walter Scott, Jr.    Mgmt    For    Refer    For
1.14   Elect Director Meryl B. Witmer    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Discovery, Inc.

 

Meeting Date:    05/08/2019    Country:    USA    Primary Security ID:    25470F104
Record Date:    03/15/2019    Meeting Type:    Annual    Ticker:    DISCA

 

Shares Voted:   214,507          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director Paul A. Gould    Mgmt    For    Refer    Withhold
1.2   Elect Director Kenneth W. Lowe    Mgmt    For    Refer    Withhold
1.3   Elect Director Daniel E. Sanchez    Mgmt    For    Refer    Withhold
2   Ratify PricewaterhouseCoopers LLP as Auditors    Mgmt    For    For    For
3   Adopt Simple Majority    SH    Against    For    For
4   Disclose Board Diversity and Qualifications    SH    Against    Refer    Against

Elanco Animal Health Incorporated

 

Meeting Date:    05/08/2019    Country:    USA    Primary Security ID:    28414H103
Record Date:    03/22/2019    Meeting Type:    Annual    Ticker:    ELAN

 

Shares Voted:   136,691          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a   Elect Director Kapila Kapur Anand    Mgmt    For    For    For
1b   Elect Director John “J.P.” P. Bilbrey    Mgmt    For    For    For
1c   Elect Director R. David Hoover    Mgmt    For    Refer    Against
1d   Elect Director Lawrence E. Kurzius    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   Advisory Vote on Say on Pay Frequency    Mgmt    One Year    One Year    One Year


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Glencore Plc

 

Meeting Date:    05/09/2019    Country:    Jersey    Primary Security ID:    G39420107
Record Date:    05/07/2019    Meeting Type:    Annual    Ticker:    GLEN

 

Shares Voted:   1,707,590          

 

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 Reduction of the Company’s Capital Contribution Reserves    Mgmt    For    For    For
3   Re-elect Anthony Hayward as Director    Mgmt    For    Refer    For
4   Re-elect Ivan Glasenberg as Director    Mgmt    For    For    For
5   Re-elect Peter Coates as Director    Mgmt    For    For    For
6   Re-elect Leonhard Fischer as Director    Mgmt    For    For    For
7   Re-elect Martin Gilbert as Director    Mgmt    For    For    For
8   Re-elect John Mack as Director    Mgmt    For    For    For
9   Re-elect Gill Marcus as Director    Mgmt    For    For    For
10   Re-elect Patrice Merrin as Director    Mgmt    For    For    For
11   Approve Remuneration Report    Mgmt    For    Refer    For
12   Reappoint Deloitte LLP as Auditors    Mgmt    For    For    For
13   Authorise the Audit Committee to Fix Remuneration of Auditors    Mgmt    For    For    For
14   Authorise Issue of Equity    Mgmt    For    For    For
15   Authorise Issue of Equity without Pre-emptive Rights    Mgmt    For    For    For
16   Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Other Capital Investment    Mgmt    For    For    For
17   Authorise Market Purchase of Ordinary Shares    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

Magna International, Inc.

 

Meeting Date:    05/09/2019    Country:    Canada    Primary Security ID:    559222401
Record Date:    03/22/2019    Meeting Type:    Annual    Ticker:    MG

 

Shares Voted:   146,784          

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1   Elect Director Scott B. Bonham    Mgmt    For    For    For
1.2   Elect Director Peter G. Bowie    Mgmt    For    For    For
1.3   Elect Director Mary S. Chan    Mgmt    For    For    For
1.4   Elect Director Kurt J. Lauk    Mgmt    For    For    For
1.5   Elect Director Robert F. MacLellan    Mgmt    For    Withhold    For
1.6   Elect Director Cynthia A. Niekamp    Mgmt    For    For    For
1.7   Elect Director William A. Ruh    Mgmt    For    For    For
1.8   Elect Director Indira V. Samarasekera    Mgmt    For    For    For
1.9   Elect Director Donald J. Walker    Mgmt    For    For    For
1.10   Elect Director Lisa S. Westlake    Mgmt    For    For    For
1.11   Elect Director William L. Young    Mgmt    For    For    For
2   Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration    Mgmt    For    For    For
3   Advisory Vote on Executive Compensation Approach    Mgmt    For    For    For
  Shareholder Proposal    Mgmt         
4   Expand Annual Disclosure to Shareholders    SH    Against    Refer    Against

China Unicom (Hong Kong) Limited

 

Meeting Date:    05/10/2019    Country:    Hong Kong    Primary Security ID:    Y1519S111
Record Date:    05/03/2019    Meeting Type:    Annual    Ticker:    762

 

Shares Voted:   4,999,868          

 

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 Wang Xiaochu as Director    Mgmt    For    For    Against
3.1b   Elect Li Guohua as Director    Mgmt    For    For    For
3.1c   Elect Zhu Kebing as Director    Mgmt    For    For    For
3.1d   Elect Cheung Wing Lam Linus as Director    Mgmt    For    For    For
3.1e   Elect Wong Wai Ming as Director    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2018 to 06/30/2019

Location(s): All Locations

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

 

China Unicom (Hong Kong) Limited

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

3.2   Authorize Board to Fix Remuneration of Directors    Mgmt    For    Refer    For
4   Approve KPMG and KPMG Huazhen LLP as Auditors and Authorize Board to Fix Their Remuneration    Mgmt    For    For    For
5   Authorize Repurchase of Issued Share Capital    Mgmt    For    For    For
6   Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights    Mgmt    For    Refer    Against
7   Authorize Reissuance of Repurchased Shares    Mgmt    For   <