N-PX 1 d170095dnpx.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, 2019 to June 30, 2020


IVY VIP ASSET STRATEGY

Proxy Voting Record

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

Larsen & Toubro Limited

 

Meeting Date:   08/01/2019   Country:    India   Primary Security ID:   Y5217N159
Record Date:   07/25/2019   Meeting Type:    Annual   Ticker:   500510
    Shares Voted:    335,014    

 

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    Reelect M.V. Satish as Director    Mgmt    For    For    For
4    Reelect Shailendra Roy as Director    Mgmt    For    For    For
5    Reelect R. Shankar Raman as Director    Mgmt    For    For    For
6    Reelect J.D Patil as Director    Mgmt    For    For    For
7    Reelect M.M. Chitale as Director    Mgmt    For    For    For
8    Reelect M. Damodaran as Director    Mgmt    For    For    For
9    Reelect Vikram Singh Mehta as Director    Mgmt    For    For    For
10    Reelect Adil Zainulbhai as Director    Mgmt    For    For    For
11    Approve Remuneration to S.N Subrahmanyan as Chief Executive Officer and Managing Director    Mgmt    For    Refer    Against
12    Approve Remuneration to R. Shankar Raman as Chief Financial Officer and Whole-time Director    Mgmt    For    Refer    Against
13    Amend Objects Clause of Memorandum of Association    Mgmt    For    For    For
14    Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights    Mgmt    For    For    For
15    Approve Remuneration of Cost Auditors    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

ICICI Bank Limited

 

Meeting Date:   08/09/2019   Country:   India   Primary Security ID:   Y3860Z132
Record Date:   08/02/2019   Meeting Type:   Annual   Ticker:   532174
    Shares Voted:   983,142    

 

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 Anup Bagchi as Director    Mgmt    For    For    For
4    Approve Walker Chandiok & Co LLP, Chartered Accountants as Auditors and Authorize Board to Fix Their Remuneration    Mgmt    For    For    For
5    Approve Branch Auditors and Authorize Board to Fix Their Remuneration    Mgmt    For    For    For
6    Elect Hari L. Mundra as Director    Mgmt    For    For    For
7    Elect Rama Bijapurkar as Director    Mgmt    For    For    For
8    Elect B. Sriram as Director    Mgmt    For    For    For
9    Elect Subramanian Madhavan as Director    Mgmt    For    For    For
10    Approve Appointment and Remuneration of Sandeep Bakhshi as Managing Director & Chief Executive Officer    Mgmt    For    For    For
11    Elect Sandeep Batra as Director    Mgmt    For    For    For
12    Approve Appointment and Remuneration of Sandeep Batra as Wholetime Director (designated as Executive Director)    Mgmt    For    For    For
13    Approve Revision in the Remuneration of N. S. Kannan as Executive Director    Mgmt    For    For    For
14    Approve Revision in the Remuneration of Vishakha Mulye as Executive Director    Mgmt    For    For    For
15    Approve Revision in the Remuneration of Vijay Chandok as Executive Director    Mgmt    For    For    For
16    Approve Revision in the Remuneration of Anup Bagchi as Executive Director    Mgmt    For    For    For
17    Amend Memorandum of Association    Mgmt    For    For    For
18    Adopt New Articles of Association    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Reliance Industries Limited

 

Meeting Date:   08/12/2019   Country:   India   Primary Security ID:   Y72596102
Record Date:   08/05/2019   Meeting Type:   Annual   Ticker:   500325
    Shares Voted:   389,084    

 

Proposal

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.a    Accept Financial Statements and Statutory Reports    Mgmt    For    For    For
1.b    Accept Consolidated Financial Statements and Statutory Reports    Mgmt    For    For    For
2    Approve Dividend    Mgmt    For    For    For
3    Elect Pawan Kumar Kapil as Director    Mgmt    For    For    For
4    Elect Nita M. Ambani as Director    Mgmt    For    For    For
5    Approve Reappointment and Remuneration of P.M.S. Prasad as Whole-time Director, Designated as Executive Director    Mgmt    For    For    For
6    Reelect Raminder Singh Gujral as Director    Mgmt    For    Refer    Against
7    Elect Arundhati Bhattacharya as Director    Mgmt    For    For    For
8    Approve Remuneration of Cost Auditors    Mgmt    For    For    For

The Procter & Gamble Company

 

Meeting Date:   10/08/2019   Country:   USA   Primary Security ID:   742718109
Record Date:   08/09/2019   Meeting Type:   Annual   Ticker:   PG
    Shares Voted:   69,674    

 

Proposal

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a    Elect Director Francis S. Blake    Mgmt    For    For    For
1b    Elect Director Angela F. Braly    Mgmt    For    For    For
1c    Elect Director Amy L. Chang    Mgmt    For    For    For
1d    Elect Director Scott D. Cook    Mgmt    For    For    For
1e    Elect Director Joseph Jimenez    Mgmt    For    For    For
1f    Elect Director Terry J. Lundgren    Mgmt    For    For    For
1g    Elect Director Christine M. McCarthy    Mgmt    For    For    For
1h    Elect Director W. James McNerney, Jr.    Mgmt    For    For    For
1i    Elect Director Nelson Peltz    Mgmt    For    For    For
1j    Elect Director David S. Taylor    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

The Procter & Gamble Company

 

Proposal

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1k    Elect Director Margaret C. Whitman    Mgmt    For    For    For
1l    Elect Director Patricia A. Woertz    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    Approve Omnibus Stock Plan    Mgmt    For    Refer    For

Ferguson Plc

 

Meeting Date:   11/21/2019   Country:   Jersey   Primary Security ID:   G3421J106
Record Date:   11/19/2019   Meeting Type:   Annual   Ticker:   FERG
    Shares Voted:   80,033    

 

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    Elect Geoff Drabble as Director    Mgmt    For    For    For
8    Elect Catherine Halligan as Director    Mgmt    For    For    For
9    Re-elect Kevin Murphy as Director    Mgmt    For    For    For
10    Re-elect Alan Murray as Director    Mgmt    For    For    For
11    Re-elect Michael Powell as Director    Mgmt    For    For    For
12    Elect Tom Schmitt as Director    Mgmt    For    For    For
13    Re-elect Dr Nadia Shouraboura as Director    Mgmt    For    For    For
14    Re-elect Jacqueline Simmonds as Director    Mgmt    For    For    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


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

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

17    Authorise EU Political Donations and Expenditure    Mgmt    For    For    For
18    Authorise Issue of Equity    Mgmt    For    For    For
19    Amend Long Term Incentive Plan 2019    Mgmt    For    For    For
20    Authorise Issue of Equity without Pre-emptive Rights    Mgmt    For    For    For
21    Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Other Capital Investment    Mgmt    For    For    For
22    Authorise Market Purchase of Ordinary Shares    Mgmt    For    For    For

Microsoft Corporation

 

Meeting Date:   12/04/2019   Country:   USA   Primary Security ID:   594918104
Record Date:   10/08/2019   Meeting Type:   Annual   Ticker:   MSFT
    Shares Voted:   142,563    

 

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 Sandra E. Peterson    Mgmt    For    For    For
1.7    Elect Director Penny S. Pritzker    Mgmt    For    For    For
1.8    Elect Director Charles W. Scharf    Mgmt    For    For    For
1.9    Elect Director Arne M. Sorenson    Mgmt    For    For    For
1.10    Elect Director John W. Stanton    Mgmt    For    For    For
1.11    Elect Director John W. Thompson    Mgmt    For    For    For
1.12    Elect Director Emma N. Walmsley    Mgmt    For    For    For
1.13    Elect Director Padmasree Warrior    Mgmt    For    For    For
2    Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    Refer    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Microsoft Corporation

 

Proposal

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

3    Ratify Deloitte & Touche LLP as Auditors    Mgmt    For    For    For
4    Report on Employee Representation on the Board of Directors    SH    Against    Refer    Against
5    Report on Gender Pay Gap    SH    Against    Against    Against

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

 

Meeting Date:   12/10/2019   Country:   China   Primary Security ID:   Y69790106
Record Date:   11/08/2019   Meeting Type:   Special   Ticker:   2318
    Shares Voted:   889,383    

 

Proposal

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

   EGM BALLOT FOR HOLDERS OF H SHARES    Mgmt         
   APPROVE THE ELECTION OF DIRECTORS OF THE COMPANY    Mgmt         
1.01    Elect Xie Yonglin as Director    Mgmt    For    For    For
1.02    Elect Tan Sin Yin as Director    Mgmt    For    For    For
2    Amend Articles of Association    Mgmt    For    Refer    For

Intuit Inc.

 

Meeting Date:   01/23/2020   Country:   USA   Primary Security ID:   461202103
Record Date:   11/25/2019   Meeting Type:   Annual   Ticker:   INTU
    Shares Voted:   34,868    

 

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 K. Goodarzi    Mgmt    For    For    For
1e    Elect Director Deborah Liu    Mgmt    For    For    For
1f    Elect Director Suzanne Nora Johnson    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Intuit Inc.

 

Proposal

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

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
4    Adopt a Mandatory Arbitration Bylaw    SH    Against    Refer    Against

Visa Inc.

 

Meeting Date:   01/28/2020   Country:   USA   Primary Security ID:   92826C839
Record Date:   11/29/2019   Meeting Type:   Annual   Ticker:   V
    Shares Voted:   69,648    

 

Proposal

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a    Elect Director Lloyd A. Carney    Mgmt    For    Refer    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 Ramon L. Laguarta    Mgmt    For    For    For
1f    Elect Director John F. Lundgren    Mgmt    For    For    For
1g    Elect Director Robert W. Matschullat    Mgmt    For    For    For
1h    Elect Director Denise M. Morrison    Mgmt    For    For    For
1i    Elect Director Suzanne Nora Johnson    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    Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
3    Ratify KPMG LLP as Auditors    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Compass Group Plc

 

Meeting Date:   02/06/2020   Country:   United Kingdom   Primary Security ID:   G23296208
Record Date:   02/04/2020   Meeting Type:   Annual   Ticker:   CPG
    Shares Voted:   309,478    

 

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 Karen Witts as Director    Mgmt    For    For    For
5    Re-elect Dominic Blakemore as Director    Mgmt    For    For    For
6    Re-elect Gary Green as Director    Mgmt    For    For    For
7    Re-elect Carol Arrowsmith as Director    Mgmt    For    For    For
8    Re-elect John Bason as Director    Mgmt    For    For    For
9    Re-elect Stefan Bomhard as Director    Mgmt    For    For    For
10    Re-elect John Bryant as Director    Mgmt    For    For    For
11    Re-elect Anne-Francoise Nesmes as Director    Mgmt    For    For    For
12    Re-elect Nelson Silva as Director    Mgmt    For    For    For
13    Re-elect Ireena Vittal as Director    Mgmt    For    For    For
14    Re-elect Paul Walsh as Director    Mgmt    For    For    For
15    Reappoint KPMG 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    Approve Payment of Fees to Non-executive Directors    Mgmt    For    Refer    For
19    Authorise Issue of Equity    Mgmt    For    For    For
20    Authorise Issue of Equity without Pre-emptive Rights    Mgmt    For    For    For
21    Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Other Capital Investment    Mgmt    For    For    For
22    Authorise Market Purchase of Ordinary Shares    Mgmt    For    For    For
23    Authorise the Company to Call General Meeting with 14 Working Days’ Notice    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Gardner Denver Holdings, Inc.

 

Meeting Date:   02/21/2020   Country:   USA   Primary Security ID:   36555P107
Record Date:   01/02/2020   Meeting Type:   Special   Ticker:   GDI
    Shares Voted:   180,949    

 

Proposal
Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1    Issue Shares in Connection with Merger    Mgmt    For    Refer    For
2    Amend Omnibus Stock Plan    Mgmt    For    For    For
3    Adjourn Meeting    Mgmt    For    Refer    For

QUALCOMM Incorporated

 

Meeting Date:   03/10/2020   Country:   USA   Primary Security ID:   747525103
Record Date:   01/13/2020   Meeting Type:   Annual   Ticker:   QCOM
    Shares Voted:   96,884    

 

Proposal

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a    Elect Director Mark Fields    Mgmt    For    For    For
1b    Elect Director Jeffrey W. Henderson    Mgmt    For    For    For
1c    Elect Director Ann M. Livermore    Mgmt    For    For    For
1d    Elect Director Harish Manwani    Mgmt    For    For    For
1e    Elect Director Mark D. McLaughlin    Mgmt    For    For    For
1f    Elect Director Steve Mollenkopf    Mgmt    For    For    For
1g    Elect Director Clark T. “Sandy” Randt, Jr.    Mgmt    For    For    For
1h    Elect Director Irene B. Rosenfeld    Mgmt    For    For    For
1i    Elect Director Kornelis “Neil” Smit    Mgmt    For    For    For
1j    Elect Director Anthony J. Vinciquerra    Mgmt    For    For    For
2    Ratify PricewaterhouseCoopers LLP as Auditors    Mgmt    For    For    For
3    Amend Omnibus Stock Plan    Mgmt    For    For    For
4    Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    Refer    Against
5    Advisory Vote on Say on Pay Frequency    Mgmt    One Year    One Year    One Year


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Samsung Electronics Co., Ltd.

 

Meeting Date:   03/18/2020   Country:   South Korea   Primary Security ID:   Y74718100
Record Date:   12/31/2019   Meeting Type:   Annual   Ticker:   005930
    Shares Voted:   159,924    

 

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    Elect Han Jong-hee as Inside Director    Mgmt    For    For    For
2.2    Elect Choi Yoon-ho as Inside Director    Mgmt    For    For    For
3    Approve Total Remuneration of Inside Directors and Outside Directors    Mgmt    For    Refer    For

Adobe Inc.

 

Meeting Date:   04/09/2020   Country:   USA   Primary Security ID:   00724F101
Record Date:   02/12/2020   Meeting Type:   Annual   Ticker:   ADBE
    Shares Voted:   34,062    

 

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    Amend Qualified Employee Stock Purchase Plan    Mgmt    For    For    For
3    Ratify KPMG LLP as Auditors    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Adobe Inc.

 

Proposal

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

4    Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
5    Report on Gender Pay Gap    SH    Against    Against    Against

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

 

Meeting Date:   04/09/2020   Country:   China   Primary Security ID:   Y69790106
Record Date:   03/09/2020   Meeting Type:   Annual   Ticker:   2318
    Shares Voted:   902,383    

 

Proposal

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

   AGM BALLOT FOR HOLDERS OF H SHARES    Mgmt         
1    Approve 2019 Report of the Board of Directors    Mgmt    For    For    For
2    Approve 2019 Report of the Supervisory Committee    Mgmt    For    For    For
3    Approve 2019 Annual Report and Its Summary    Mgmt    For    For    For
4    Approve 2019 Financial Statements and Statutory Reports    Mgmt    For    For    For
5    Approve 2019 Profit Distribution Plan and Distribution of Final Dividends    Mgmt    For    For    For
6    Approve PricewaterhouseCoopers Zhong Tian LLP as PRC Auditor and PricewaterhouseCoopers as International Auditor and Authorize Board to Fix Their Remuneration    Mgmt    For    For    For
7    Approve 2019 Performance Evaluation of Independent Non-Executive Directors    Mgmt    For    For    For
8    Approve Issuance of Debt Financing Instruments    Mgmt    For    Refer    For
9    Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for H Shares    Mgmt    For    Refer    For
10    Amend Articles of Association    Mgmt    For    For    For
11    Elect Lu Min as Director    SH    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

UniCredit SpA

 

Meeting Date:   04/09/2020   Country:   Italy   Primary Security ID:   T9T23L642
Record Date:   03/31/2020   Meeting Type:   Annual/Special   Ticker:   UCG
    Shares Voted:   414,427    

 

Proposal

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

   Ordinary Business    Mgmt         
1    Accept Financial Statements and Statutory Reports    Mgmt    For    For    For
2    Approve Allocation of Income    Mgmt    For    For    For
3    Approve Dividend Distribution    Mgmt    For    For    For
4    Approve Elimination of Negative Reserves    Mgmt    For    For    For
5.1    Approve Decrease in Size of Board    Mgmt    For    Refer    For
5.2    Elect Beatriz Lara Bartolome as Director    Mgmt    For    For    For
5.3    Elect Diego De Giorgi as Director    Mgmt    For    For    For
6    Approve Auditors and Authorize Board to Fix Their Remuneration    Mgmt    For    For    For
7    Approve 2020 Group Incentive System    Mgmt    For    Refer    For
8    Approve Remuneration Policy    Mgmt    For    Refer    For
9    Approve Second Section of the Remuneration Report    Mgmt    For    Refer    For
10    Approve Long-Term Incentive Plan    Mgmt    For    For    For
11    Authorize Share Repurchase Program    Mgmt    For    For    For
   Extraordinary Business    Mgmt         
1    Authorize Board to Increase Capital to Service 2019 Group Incentive System    Mgmt    For    Refer    For
2    Authorize Board to Increase Capital to Service 2020 Group Incentive System    Mgmt    For    Refer    For
3    Amend Company Bylaws Re: Clause 6    Mgmt    For    Refer    For
4    Authorize Cancellation of Repurchased Shares    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: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Airbus SE

 

Meeting Date:   04/16/2020   Country:   Netherlands   Primary Security ID:   N0280G100
Record Date:   03/19/2020   Meeting Type:   Annual   Ticker:   AIR
    Shares Voted:   109,628    

 

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    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 1.80 per Share    Mgmt         
4.3    Approve Discharge of Non-Executive Members of the Board of Directors    Mgmt    For    For    For
4.4    Approve Discharge of Executive Members of the Board of Directors    Mgmt    For    For    For
4.5    Ratify Ernst & Young as Auditors    Mgmt    For    For    For
4.6    Adopt Remuneration Policy    Mgmt    For    Refer    For
4.7    Approve Remuneration Report Containing Remuneration Policy    Mgmt    For    Refer    For
4.8    Elect Mark Dunkerley as Non-Executive Director    Mgmt    For    For    For
4.9    Elect Stephan Gemkow as Non-Executive Director    Mgmt    For    For    For
4.10    Reelect Ralph D. Crosby, Jr. as Non-Executive Director    Mgmt    For    For    For
4.11    Reelect Lord Drayson (Paul) as Non-Executive Director    Mgmt    For    For    For
4.12    Grant Board Authority to Issue Shares Up To 0.51 Percent of Issued Capital and Exclude Preemptive Rights Re: ESOP and LTIP Plans    Mgmt    For    For    For
4.13    Grant Board Authority to Issue Shares Up To 1.15 Percent of Issued Capital and Exclude Preemptive Rights Re: Company Funding    Mgmt    For    For    For
4.14    Authorize Repurchase of Up to 10 Percent of Issued Share Capital    Mgmt    For    For    For
4.15    Approve Cancellation of Repurchased Shares    Mgmt    For    For    For
5    Close Meeting    Mgmt         


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Citigroup Inc.

 

Meeting Date:   04/21/2020   Country:   USA   Primary Security ID:   172967424
Record Date:   02/24/2020   Meeting Type:   Annual   Ticker:   C
    Shares Voted:   119,642    

 

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 Grace E. Dailey    Mgmt    For    For    For
1d    Elect Director Barbara J. Desoer    Mgmt    For    For    For
1e    Elect Director John C. Dugan    Mgmt    For    For    For
1f    Elect Director Duncan P. Hennes    Mgmt    For    For    For
1g    Elect Director Peter B. Henry    Mgmt    For    For    For
1h    Elect Director S. Leslie Ireland    Mgmt    For    For    For
1i    Elect Director Lew W. (Jay) Jacobs, IV    Mgmt    For    For    For
1j    Elect Director Renee J. James    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 Alexander R. Wynaendts    Mgmt    For    For    For
1p    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    For    For
5    Amend Proxy Access Right    SH    Against    Against    Against
6    Review on Governance Documents    SH    Against    Refer    Against
7    Report on Lobbying Payments and Policy    SH    Against    Against    Against


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

ASML Holding NV

 

Meeting Date:   04/22/2020   Country:   Netherlands   Primary Security ID:   N07059202
Record Date:   03/25/2020   Meeting Type:   Annual   Ticker:   ASML
    Shares Voted:   29,537    

 

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    Approve Remuneration Report    Mgmt    For    Refer    For
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 2.40 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    Approve Number of Shares for Management Board    Mgmt    For    Refer    For
6    Approve Certain Adjustments to the Remuneration Policy for Management Board    Mgmt    For    Refer    For
7    Approve Remuneration Policy for Supervisory Board    Mgmt    For    Refer    For
8.a    Announce Vacancies on the Supervisory Board    Mgmt         
8.b    Opportunity to Make Recommendations    Mgmt         
8.c    Announce Intention to Reappoint A.P. Aris and Appoint D.W.A. East and D.M. Durcan to Supervisory Board    Mgmt         
8.d    Reelect A.P. (Annet) Aris to Supervisory Board    Mgmt    For    For    For
8.e    Elect D.M. (Mark) Durcan to Supervisory Board    Mgmt    For    For    For
8.f    Elect D.W.A. (Warren) East to Supervisory Board    Mgmt    For    For    For
8.g    Receive Information on the Composition of the Supervisory Board    Mgmt         
9    Ratify KPMG as Auditors    Mgmt    For    For    For
10.a    Grant Board Authority to Issue Shares Up to 5 Percent of Issued Capital for General Purposes    Mgmt    For    For    For
10.b    Authorize Board to Exclude Preemptive Rights from Share Issuances under Item 10.a    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

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

10.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
10.d    Authorize Board to Exclude Preemptive Rights from Share Issuances under Item 10.c    Mgmt    For    For    For
11.a   

Authorize Repurchase of Up to 10 Percent of

Issued Share Capital

   Mgmt    For    For    For
11.b    Authorize Additional Repurchase of Up to 10 Percent of Issued Share Capital    Mgmt    For    For    For
12    Authorize Cancellation of Repurchased Shares    Mgmt    For    For    For
13    Other Business (Non-Voting)    Mgmt         
14    Close Meeting    Mgmt         

Aptiv PLC

 

Meeting Date:   04/23/2020   Country:   Jersey   Primary Security ID:   G6095L109
Record Date:   02/24/2020   Meeting Type:   Annual   Ticker:   APTV
    Shares Voted:   85,042    

 

Proposal

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1    Elect Director Kevin P. Clark    Mgmt    For    For    For
2    Elect Director Nancy E. Cooper    Mgmt    For    For    For
3    Elect Director Nicholas M. Donofrio    Mgmt    For    For    For
4    Elect Director Rajiv L. Gupta    Mgmt    For    For    For
5    Elect Director Joseph L. Hooley    Mgmt    For    For    For
6    Elect Director Sean O. Mahoney    Mgmt    For    For    For
7    Elect Director Paul M. Meister    Mgmt    For    For    For
8    Elect Director Robert K. Ortberg    Mgmt    For    For    For
9    Elect Director Colin J. Parris    Mgmt    For    For    For
10    Elect Director Ana G. Pinczuk    Mgmt    For    For    For
11    Elect Director Lawrence A. Zimmerman    Mgmt    For    For    For
12    Approve Ernst & Young LLP as Auditors and Authorize Board to Fix Their Remuneration    Mgmt    For    For    For
13    Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Nestle SA

 

Meeting Date:   04/23/2020   Country:   Switzerland   Primary Security ID:   H57312649
Record Date:     Meeting Type:   Annual   Ticker:   NESN
    Shares Voted:   56,244    

 

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
3    Approve Allocation of Income and Dividends of CHF 2.70 per Share    Mgmt    For    For    For
4.1.a    Reelect Paul Bulcke as Director and Board Chairman    Mgmt    For    For    For
4.1.b    Reelect Ulf Schneider as Director    Mgmt    For    For    For
4.1.c    Reelect Henri de Castries as Director    Mgmt    For    For    For
4.1.d    Reelect Renato Fassbind as Director    Mgmt    For    For    For
4.1.e    Reelect Ann Veneman as Director    Mgmt    For    For    For
4.1.f    Reelect Eva Cheng as Director    Mgmt    For    For    For
4.1.g    Reelect Patrick Aebischer as Director    Mgmt    For    For    For
4.1.h    Reelect Ursula Burns as Director    Mgmt    For    For    For
4.1.i    Reelect Kasper Rorsted as Director    Mgmt    For    For    For
4.1.j    Reelect Pablo Isla as Director    Mgmt    For    For    For
4.1.k    Reelect Kimberly Ross as Director    Mgmt    For    For    For
4.1.l    Reelect Dick Boer as Director    Mgmt    For    For    For
4.1.m    Reelect Dinesh Paliwal as Director    Mgmt    For    For    For
4.2    Elect Hanne Jimenez de Mora as Director    Mgmt    For    For    For
4.3.1    Appoint Patrick Aebischer as Member of the Compensation Committee    Mgmt    For    For    For
4.3.2    Appoint Ursula Burns as Member of the Compensation Committee    Mgmt    For    For    For
4.3.3    Appoint Pablo Isla as Member of the Compensation Committee    Mgmt    For    For    For
4.3.4    Appoint Dick Boer as Member of the Compensation Committee    Mgmt    For    For    For
4.4    Ratify Ernst & Young AG as Auditors    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

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

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 Remuneration of Executive Committee in the Amount of CHF 55 Million    Mgmt    For    Refer    For
6    Approve CHF 9.5 Million Reduction in Share Capital via Cancellation of Repurchased Shares    Mgmt    For    For    For
7    Transact Other Business (Voting)    Mgmt    Against    Against    Against

Schneider Electric SE

 

Meeting Date:   04/23/2020   Country:   France   Primary Security ID:   F86921107
Record Date:   04/21/2020   Meeting Type:   Annual/Special   Ticker:   SU
    Shares Voted:   69,287    

 

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 2.55 per Share    Mgmt    For    For    For
4    Approve Auditors’ Special Report on Related-Party Transactions    Mgmt    For    Refer    For
5    Approve Termination Package of Emmanuel Babeau, Vice-CEO    Mgmt    For    Refer    For
6    Approve Compensation Report    Mgmt    For    Refer    For
7    Approve Compensation of Jean-Pascal Tricoire, Chairman and CEO    Mgmt    For    Refer    For
8    Approve Compensation of Emmanuel Babeau, Vice-CEO    Mgmt    For    Refer    For
9    Approve Remuneration Policy of Chairman and CEO    Mgmt    For    Refer    For
10    Approve Remuneration Policy of Emmanuel Babeau, Vice-CEO    Mgmt    For    Refer    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

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

11    Approve Remuneration Policy of Board Members    Mgmt    For    Refer    For
12    Reelect Leo Apotheker as Director    Mgmt    For    For    For
13    Reelect Cecile Cabanis as Director    Mgmt    For    For    For
14    Reelect Fred Kindle as Director    Mgmt    For    For    For
15    Reelect Willy Kissling as Director    Mgmt    For    For    For
16    Elect Jill Lee as Director    Mgmt    For    For    For
17    Authorize Repurchase of Up to 10 Percent of Issued Share Capital    Mgmt    For    For    For
   Extraordinary Business    Mgmt         
18    Amend Article 11 of Bylaws to Comply with New Regulation Re: Employee Representatives    Mgmt    For    For    For
19    Amend Articles 13 and 16 of Bylaws to Comply with New Regulation    Mgmt    For    For    For
20    Authorize Capital Issuances for Use in Employee Stock Purchase Plans    Mgmt    For    Refer    For
21    Authorize Capital Issuances for Use in Employee Stock Purchase Plans Reserved for Employees of International Subsidiaries    Mgmt    For    Refer    For
22    Authorize Filing of Required Documents/Other Formalities    Mgmt    For    For    For

Beiersdorf AG

 

Meeting Date:   04/29/2020   Country:   Germany   Primary Security ID:   D08792109
Record Date:   04/16/2020   Meeting Type:   Annual   Ticker:   BEI
    Shares Voted:   65,613    

 

Proposal

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1    Receive Financial Statements and Statutory Reports for Fiscal 2019 (Non-Voting)    Mgmt         
2    Approve Allocation of Income and Dividends of EUR 0.70 per Share    Mgmt    For    For    For
3    Approve Discharge of Management Board for Fiscal 2019    Mgmt    For    For    For
4    Approve Discharge of Supervisory Board for Fiscal 2019    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Beiersdorf AG

 

Proposal

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

5    Ratify Ernst & Young GmbH as Auditors for Fiscal 2020    Mgmt    For    For    For
6    Approve Creation of EUR 42 Million Pool of Authorized Capital I with Partial Exclusion of Preemptive Rights    Mgmt    For    For    For
7    Approve Creation of EUR 25 Million Pool of Authorized Capital II with Partial Exclusion of Preemptive Rights    Mgmt    For    For    For
8    Approve Creation of EUR 25 Million Pool of Authorized Capital III with Partial Exclusion of Preemptive Rights    Mgmt    For    For    For
9    Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds with Partial Exclusion of Preemptive Rights up to Aggregate Nominal Amount of EUR 1 Billion; Approve Creation of EUR 42 Million Pool of Capital to Guarantee Conversion Rights    Mgmt    For    For    For
10    Authorize Share Repurchase Program and Reissuance or Cancellation of Repurchased Shares    Mgmt    For    Refer    For
11    Amend Articles Re: Participation Requirements and Proof of Entitlement    Mgmt    For    For    For
12.1    Elect Wolfgang Herz to the Supervisory Board    Mgmt    For    Refer    For
12.2    Elect Beatrice Dreyfus as Alternate Supervisory Board Member    Mgmt    For    For    For

Koninklijke Philips NV

 

Meeting Date:   04/30/2020   Country:   Netherlands   Primary Security ID:   N7637U112
Record Date:   04/02/2020   Meeting Type:   Annual   Ticker:   PHIA
    Shares Voted:   139,700    

 

Proposal

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

   Annual Meeting Agenda    Mgmt         
1    President’s Speech    Mgmt         
2.a    Receive Explanation on Company’s Reserves and Dividend Policy    Mgmt         
2.b    Adopt Financial Statements and Statutory Reports    Mgmt    For    For    For
2.c    Approve Dividends of EUR 0.85 Per Share    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Koninklijke Philips NV

 

Proposal
Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting Policy
Rec

  

Vote Instruction

2.d    Approve Remuneration Report    Mgmt    For    Refer    For
2.e    Approve Discharge of Management Board    Mgmt    For    For    For
2.f    Approve Discharge of Supervisory Board    Mgmt    For    For    For
3.a    Approve Remuneration Policy for Management Board    Mgmt    For    Refer    For
3.b    Approve Long Term Incentive Plan for Management Board Members    Mgmt    For    For    For
3.c    Approve Remuneration Policy for Supervisory Board    Mgmt    For    Refer    For
4.a    Reelect N. Dhawan to Supervisory Board    Mgmt    For    For    For
4.b    Elect F. Sijbesma to Supervisory Board    Mgmt    For    For    For
4.c    Elect P. Loscher to Supervisory Board    Mgmt    For    For    For
5.a    Grant Board Authority to Issue Shares    Mgmt    For    For    For
5.b    Authorize Board to Exclude Preemptive Rights from Share Issuances    Mgmt    For    For    For
6    Authorize Repurchase of Up to 10 Percent of Issued Share Capital    Mgmt    For    For    For
7    Approve Cancellation of Repurchased Shares    Mgmt    For    For    For
8    Other Business (Non-Voting)    Mgmt         

Barrick Gold Corporation

 

Meeting Date:   05/05/2020   Country:   Canada   Primary Security ID:   067901108
Record Date:   03/06/2020   Meeting Type:   Annual   Ticker:   ABX
    Shares Voted:   94,511    

 

Proposal
Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting Policy
Rec

  

Vote Instruction

1.1    Elect Director D. Mark Bristow    Mgmt    For    For    For
1.2    Elect Director Gustavo A. Cisneros    Mgmt    For    For    For
1.3    Elect Director Christopher L. Coleman    Mgmt    For    For    For
1.4    Elect Director J. Michael Evans    Mgmt    For    For    For
1.5    Elect Director Brian L. Greenspun    Mgmt    For    For    For
1.6    Elect Director J. Brett Harvey    Mgmt    For    For    For
1.7    Elect Director Andrew J. Quinn    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Barrick Gold Corporation

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1.8    Elect Director M. Loreto Silva    Mgmt    For    For    For
1.9    Elect Director John L. Thornton    Mgmt    For    For    For
2    Approve PricewaterhouseCoopers 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

GlaxoSmithKline Plc

 

Meeting Date:   05/06/2020   Country:   United Kingdom   Primary Security ID:   G3910J112
Record Date:   05/04/2020   Meeting Type:   Annual   Ticker:   GSK
    Shares Voted:   342,859    

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

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    Elect Sir Jonathan Symonds as Director    Mgmt    For    For    For
5    Elect Charles Bancroft as Director    Mgmt    For    For    For
6    Re-elect Emma Walmsley as Director    Mgmt    For    For    For
7    Re-elect Vindi Banga as Director    Mgmt    For    For    For
8    Re-elect Dr Hal Barron as Director    Mgmt    For    For    For
9    Re-elect Dr Vivienne Cox as Director    Mgmt    For    For    For
10    Re-elect Lynn Elsenhans as Director    Mgmt    For    For    For
11    Re-elect Dr Laurie Glimcher as Director    Mgmt    For    For    For
12    Re-elect Dr Jesse Goodman as Director    Mgmt    For    For    For
13    Re-elect Judy Lewent as Director    Mgmt    For    For    For
14    Re-elect Iain Mackay as Director    Mgmt    For    For    For
15    Re-elect Urs Rohner as Director    Mgmt    For    For    For
16    Reappoint Deloitte LLP as Auditors    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

GlaxoSmithKline Plc

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

17    Authorise the Audit & Risk Committee to Fix Remuneration of Auditors    Mgmt    For    For    For
18    Authorise EU Political Donations and Expenditure    Mgmt    For    For    For
19    Authorise Issue of Equity    Mgmt    For    For    For
20    Authorise Issue of Equity without Pre-emptive Rights    Mgmt    For    For    For
21    Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Other Capital Investment    Mgmt    For    For    For
22    Authorise Market Purchase of Ordinary Shares    Mgmt    For    For    For
23    Approve the Exemption from Statement of the Name of the Senior Statutory Auditor in Published Copies of the Auditors’ Reports    Mgmt    For    Refer    For
24    Authorise the Company to Call General Meeting with Two Weeks’ Notice    Mgmt    For    For    For

Canadian Natural Resources Limited

 

Meeting Date:   05/07/2020   Country:   Canada   Primary Security ID:   136385101
Record Date:   03/18/2020   Meeting Type:   Annual   Ticker:   CNQ
    Shares Voted:   211,806    

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1.1    Elect Director Catherine M. Best    Mgmt    For    For    For
1.2    Elect Director M. Elizabeth Cannon    Mgmt    For    For    For
1.3    Elect Director N. Murray Edwards    Mgmt    For    For    For
1.4    Elect Director Christopher L. Fong    Mgmt    For    For    For
1.5    Elect Director Gordon D. Giffin    Mgmt    For    For    For
1.6    Elect Director Wilfred A. Gobert    Mgmt    For    For    For
1.7    Elect Director Steve W. Laut    Mgmt    For    For    For
1.8    Elect Director Tim S. McKay    Mgmt    For    For    For
1.9    Elect Director Frank J. McKenna    Mgmt    For    For    For
1.10    Elect Director David A. Tuer    Mgmt    For    For    For
1.11    Elect Director Annette M. Verschuren    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Canadian Natural Resources Limited

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

2    Approve PricewaterhouseCoopers 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

Zimmer Biomet Holdings, Inc.

 

Meeting Date:   05/08/2020   Country:   USA   Primary Security ID:   98956P102
Record Date:   03/09/2020   Meeting Type:   Annual   Ticker:   ZBH
    Shares Voted:   64,011    

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1a    Elect Director Christopher B. Begley    Mgmt    For    For    For
1b    Elect Director Betsy J. Bernard    Mgmt    For    For    For
1c    Elect Director Gail K. Boudreaux    Mgmt    For    For    For
1d    Elect Director Michael J. Farrell    Mgmt    For    For    For
1e    Elect Director Larry C. Glasscock    Mgmt    For    For    For
1f    Elect Director Robert A. Hagemann    Mgmt    For    For    For
1g    Elect Director Bryan C. Hanson    Mgmt    For    For    For
1h    Elect Director Arthur J. Higgins    Mgmt    For    For    For
1i    Elect Director Maria Teresa Hilado    Mgmt    For    For    For
1j    Elect Director Syed Jafry    Mgmt    For    For    For
1k    Elect Director Michael W. Michelson    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: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Fiserv, Inc.

 

Meeting Date:   05/14/2020   Country:   USA   Primary Security ID:   337738108
Record Date:   03/18/2020   Meeting Type:   Annual   Ticker:   FISV
    Shares Voted:   94,239    

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1.1    Elect Director Frank J. Bisignano    Mgmt    For    For    For
1.2    Elect Director Alison Davis    Mgmt    For    For    For
1.3    Elect Director Henrique de Castro    Mgmt    For    For    For
1.4    Elect Director Harry F. DiSimone    Mgmt    For    For    For
1.5    Elect Director Dennis F. Lynch    Mgmt    For    For    For
1.6    Elect Director Heidi G. Miller    Mgmt    For    For    For
1.7    Elect Director Scott C. Nuttall    Mgmt    For    For    For
1.8    Elect Director Denis J. O’Leary    Mgmt    For    For    For
1.9    Elect Director Doyle R. Simons    Mgmt    For    For    For
1.10    Elect Director Jeffery W. Yabuki    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    Report on Political Contributions    SH    Against    For    Against

Union Pacific Corporation

 

Meeting Date:   05/14/2020   Country:   USA   Primary Security ID:   907818108
Record Date:   03/20/2020   Meeting Type:   Annual   Ticker:   UNP
    Shares Voted:   52,021    

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1a    Elect Director Andrew H. Card, Jr.    Mgmt    For    For    For
1b    Elect Director William J. DeLaney    Mgmt    For    For    For
1c    Elect Director David B. Dillon    Mgmt    For    For    For
1d    Elect Director Lance M. Fritz    Mgmt    For    For    For
1e    Elect Director Deborah C. Hopkins    Mgmt    For    For    For
1f    Elect Director Jane H. Lute    Mgmt    For    For    For
1g    Elect Director Michael R. McCarthy    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Union Pacific Corporation

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1h    Elect Director Thomas F. McLarty, III    Mgmt    For    For    For
1i    Elect Director Bhavesh V. Patel    Mgmt    For    For    For
1j    Elect Director Jose H. Villarreal    Mgmt    For    For    For
1k    Elect Director Christopher J. Williams    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    Require Independent Board Chairman    SH    Against    Refer    Against
5    Report on Climate Change    SH    Against    Against    Against

BNP Paribas SA

 

Meeting Date:   05/19/2020   Country:   France   Primary Security ID:   F1058Q238
Record Date:   05/15/2020   Meeting Type:   Annual/Special   Ticker:   BNP
    Shares Voted:   147,967    

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

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 Absence of Dividends    Mgmt    For    For    For
4    Approve Auditors’ Special Report on Related-Party Transactions    Mgmt    For    Refer    For
5    Authorize Repurchase of Up to 10 Percent of Issued Share Capital    Mgmt    For    For    For
6    Reelect Jean Lemierre as Director    Mgmt    For    For    For
7    Reelect Jacques Aschenbroich as Director    Mgmt    For    For    For
8    Reelect Monique Cohen as Director    Mgmt    For    For    For
9    Reelect Daniela Schwarzer as Director    Mgmt    For    For    For
10    Reelect Fields Wicker-Miurin as Director    Mgmt    For    For    For
11    Approve Remuneration Policy of Directors    Mgmt    For    Refer    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

BNP Paribas SA

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

12    Approve Remuneration Policy of Chairman of the Board    Mgmt    For    Refer    For
13    Approve Remuneration Policy of CEO and Vice-CEO    Mgmt    For    Refer    For
14    Approve Compensation of Corporate Officers    Mgmt    For    Refer    For
15    Approve Compensation of Jean Lemierre, Chairman of the Board    Mgmt    For    Refer    For
16    Approve Compensation of Jean-Laurent Bonnafe, CEO    Mgmt    For    Refer    For
17    Approve Compensation of Philippe Bordenave, Vice-CEO    Mgmt    For    Refer    For
18    Approve the Overall Envelope of Compensation of Certain Senior Management, Responsible Officers and the Risk-takers    Mgmt    For    Refer    For
   Extraordinary Business    Mgmt         
19    Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 1 Billion    Mgmt    For    For    For
20    Authorize Capital Increase of Up to EUR 240 Million for Future Exchange Offers    Mgmt    For    For    For
21    Authorize Board to Set Issue Price for 10 Percent Per Year of Issued Capital Pursuant to Issue Authority without Preemptive Rights    Mgmt    For    For    For
22    Set Total Limit for Capital Increase to Result from Issuance Requests Under Items 20-21 at EUR 240 Million    Mgmt    For    For    For
23    Authorize Capitalization of Reserves of Up to EUR 1 Billion for Bonus Issue or Increase in Par Value    Mgmt    For    For    For
24    Set Total Limit for Capital Increase to Result from Issuance Requests Under Items 19-21 at EUR 1 Billion    Mgmt    For    For    For
25    Authorize Capital Issuances for Use in Employee Stock Purchase Plans    Mgmt    For    Refer    For
26    Authorize Decrease in Share Capital via Cancellation of Repurchased Shares    Mgmt    For    For    For
27    Amend Article 7 of Bylaws Re: Employee Shareholder Representative    Mgmt    For    For    For
28    Amend Article 15 of Bylaws Re: Board Members Deliberation via Written Consultation    Mgmt    For    For    For
29    Amend Articles 7, 10, 11, 19 of Bylaws to Comply with Legal Changes    Mgmt    For    Refer    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

BNP Paribas SA

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

30    Authorize Filing of Required Documents/Other Formalities    Mgmt    For    For    For

Northrop Grumman Corporation

 

Meeting Date:   05/20/2020   Country:   USA   Primary Security ID:   666807102
Record Date:   03/24/2020   Meeting Type:   Annual   Ticker:   NOC
    Shares Voted:   28,846    

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1.1    Elect Director Kathy J. Warden    Mgmt    For    For    For
1.2    Elect Director Marianne C. Brown    Mgmt    For    For    For
1.3    Elect Director Donald E. Felsinger    Mgmt    For    For    For
1.4    Elect Director Ann M. Fudge    Mgmt    For    For    For
1.5    Elect Director Bruce S. Gordon    Mgmt    For    For    For
1.6    Elect Director William H. Hernandez    Mgmt    For    For    For
1.7    Elect Director Madeleine A. Kleiner    Mgmt    For    For    For
1.8    Elect Director Karl J. Krapek    Mgmt    For    For    For
1.9    Elect Director Gary Roughead    Mgmt    For    For    For
1.10    Elect Director Thomas M. Schoewe    Mgmt    For    For    For
1.11    Elect Director James S. Turley    Mgmt    For    For    For
1.12    Elect Director Mark A. Welsh, III    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    Report on Human Rights Impact Assessment    SH    Against    For    For
5    Reduce Ownership Threshold for Shareholders to Request Action by Written Consent    SH    Against    Refer    Against


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Anthem, Inc.

 

Meeting Date:   05/21/2020   Country:   USA   Primary Security ID:   036752103
Record Date:   03/16/2020   Meeting Type:   Annual   Ticker:   ANTM
    Shares Voted:   21,279    

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1.1    Elect Director Gail K. Boudreaux    Mgmt    For    For    For
1.2    Elect Director R. Kerry Clark    Mgmt    For    For    For
1.3    Elect Director Robert L. Dixon, Jr.    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
4    Reduce Ownership Threshold for Shareholders to Call Special Meeting    SH    Against    For    For

Elanco Animal Health Incorporated

 

Meeting Date:   05/21/2020   Country:   USA   Primary Security ID:   28414H103
Record Date:   03/16/2020   Meeting Type:   Annual   Ticker:   ELAN
    Shares Voted:   299,067    

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1a    Elect Director Michael J. Harrington    Mgmt    For    Refer    Against
1b    Elect Director Deborah T. Kochevar    Mgmt    For    Refer    Against
1c    Elect Director Kirk P. McDonald    Mgmt    For    Refer    Against
2    Ratify Ernst & Young LLP as Auditors    Mgmt    For    For    For
3    Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For

Kansas City Southern

 

Meeting Date:   05/21/2020   Country:   USA   Primary Security ID:   485170302
Record Date:   03/23/2020   Meeting Type:   Annual   Ticker:   KSU
    Shares Voted:   40,256    

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1.1    Elect Director Lydia I. Beebe    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Kansas City Southern

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1.2    Elect Director Lu M. Cordova    Mgmt    For    For    For
1.3    Elect Director Robert J. Druten    Mgmt    For    For    For
1.4    Elect Director Antonio O. Garza, Jr.    Mgmt    For    For    For
1.5    Elect Director David Garza-Santos    Mgmt    For    For    For
1.6    Elect Director Janet H. Kennedy    Mgmt    For    For    For
1.7    Elect Director Mitchell J. Krebs    Mgmt    For    For    For
1.8    Elect Director Henry J. Maier    Mgmt    For    For    For
1.9    Elect Director Thomas A. McDonnell    Mgmt    For    For    For
1.10    Elect Director Patrick J. Ottensmeyer    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
4    Provide Right to Act by Written Consent    SH    Against    For    For

Morgan Stanley

 

Meeting Date:   05/21/2020   Country:   USA   Primary Security ID:   617446448
Record Date:   03/23/2020   Meeting Type:   Annual   Ticker:   MS
    Shares Voted:   103,774    

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1a    Elect Director Elizabeth Corley    Mgmt    For    For    For
1b    Elect Director Alistair Darling    Mgmt    For    For    For
1c    Elect Director Thomas H. Glocer    Mgmt    For    For    For
1d    Elect Director James P. Gorman    Mgmt    For    For    For
1e    Elect Director Robert H. Herz    Mgmt    For    For    For
1f    Elect Director Nobuyuki Hirano    Mgmt    For    For    For
1g    Elect Director Stephen J. Luczo    Mgmt    For    For    For
1h    Elect Director Jami Miscik    Mgmt    For    For    For
1i    Elect Director Dennis M. Nally    Mgmt    For    For    For
1j    Elect Director Takeshi Ogasawara    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Morgan Stanley

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1k    Elect Director Hutham S. Olayan    Mgmt    For    For    For
1l    Elect Director Mary L. Schapiro    Mgmt    For    For    For
1m    Elect Director Perry M. Traquina    Mgmt    For    For    For
1n    Elect Director Rayford Wilkins, Jr.    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

The Home Depot, Inc.

 

Meeting Date:   05/21/2020   Country:   USA   Primary Security ID:   437076102
Record Date:   03/23/2020   Meeting Type:   Annual   Ticker:   HD
    Shares Voted:   36,245    

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1a    Elect Director Gerard J. Arpey    Mgmt    For    For    For
1b    Elect Director Ari Bousbib    Mgmt    For    For    For
1c    Elect Director Jeffery H. Boyd    Mgmt    For    For    For
1d    Elect Director Gregory D. Brenneman    Mgmt    For    For    For
1e    Elect Director J. Frank Brown    Mgmt    For    For    For
1f    Elect Director Albert P. Carey    Mgmt    For    For    For
1g    Elect Director Helena B. Foulkes    Mgmt    For    For    For
1h    Elect Director Linda R. Gooden    Mgmt    For    For    For
1i    Elect Director Wayne M. Hewett    Mgmt    For    For    For
1j    Elect Director Manuel Kadre    Mgmt    For    For    For
1k    Elect Director Stephanie C. Linnartz    Mgmt    For    For    For
1l    Elect Director Craig A. Menear    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 Shareholder Written Consent Provisions    SH    Against    Refer    Against


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

The Home Depot, Inc.

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

5    Prepare Employment Diversity Report and Report on Diversity Policies    SH    Against    For    For
6    Adopt Share Retention Policy For Senior Executives    SH    Against    Against    Against
7    Report on Congruency Political Analysis and Electioneering Expenditures    SH    Against    For    For

VeriSign, Inc.

 

Meeting Date:   05/21/2020   Country:   USA   Primary Security ID:   92343E102
Record Date:   03/26/2020   Meeting Type:   Annual   Ticker:   VRSN
    Shares Voted:   22,087    

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1.1    Elect Director D. James Bidzos    Mgmt    For    For    For
1.2    Elect Director Yehuda Ari Buchalter    Mgmt    For    For    For
1.3    Elect Director Kathleen A. Cote    Mgmt    For    For    For
1.4    Elect Director Thomas F. Frist, III    Mgmt    For    For    For
1.5    Elect Director Jamie S. Gorelick    Mgmt    For    For    For
1.6    Elect Director Roger H. Moore    Mgmt    For    For    For
1.7    Elect Director Louis A. Simpson    Mgmt    For    For    For
1.8    Elect Director Timothy Tomlinson    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    Against


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Amazon.com, Inc.

 

Meeting Date:   05/27/2020   Country:   USA   Primary Security ID:   023135106
Record Date:   04/02/2020   Meeting Type:   Annual   Ticker:   AMZN
    Shares Voted:   4,254    

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1a    Elect Director Jeffrey P. Bezos    Mgmt    For    For    For
1b    Elect Director Rosalind G. Brewer    Mgmt    For    For    For
1c    Elect Director Jamie S. Gorelick    Mgmt    For    For    For
1d    Elect Director Daniel P. Huttenlocher    Mgmt    For    For    For
1e    Elect Director Judith A. McGrath    Mgmt    For    For    For
1f    Elect Director Indra K. Nooyi    Mgmt    For    For    For
1g    Elect Director Jonathan J. Rubinstein    Mgmt    For    For    For
1h    Elect Director Thomas O. Ryder    Mgmt    For    For    For
1i    Elect Director Patricia Q. Stonesifer    Mgmt    For    For    For
1j    Elect Director Wendell P. Weeks    Mgmt    For    For    For
2    Ratify Ernst & Young LLP as Auditor    Mgmt    For    For    For
3    Advisory Vote to Ratify Named Executive Officers’ Compensation    Mgmt    For    For    For
4    Reduce Ownership Threshold for Shareholders to Call Special Meeting    Mgmt    For    For    For
5    Report on Management of Food Waste    SH    Against    For    For
6    Report on Customers’ Use of its Surveillance and Computer Vision Products or Cloud-Based Services    SH    Against    For    For
7    Report on Potential Human Rights Impacts of Customers’ Use of Rekognition    SH    Against    For    For
8    Report on Products Promoting Hate Speech and Sales of Offensive Products    SH    Against    For    For
9    Require Independent Board Chairman    SH    Against    Refer    Against
10    Report on Global Median Gender/Racial Pay Gap    SH    Against    Against    Against
11    Report on Reducing Environmental and Health Harms to Communities of Color    SH    Against    Against    Against
12    Report on Viewpoint Discrimination    SH    Against    Against    Against
13    Report on Promotion Velocity    SH    Against    Against    Against
14    Reduce Ownership Threshold for Shareholders to Call Special Meeting    SH    Against    For    For
15    Human Rights Risk Assessment    SH    Against    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

Amazon.com, Inc.

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

16    Report on Lobbying Payments and Policy    SH    Against    For    For

E.ON SE

 

Meeting Date:   05/28/2020   Country:   Germany   Primary Security ID:   D24914133
Record Date:     Meeting Type:   Annual   Ticker:   EOAN
    Shares Voted:   753,821    

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1    Receive Financial Statements and Statutory Reports for Fiscal 2019 (Non-Voting)    Mgmt         
2    Approve Allocation of Income and Dividends of EUR 0.46 per Share    Mgmt    For    For    For
3    Approve Discharge of Management Board for Fiscal 2019    Mgmt    For    For    For
4    Approve Discharge of Supervisory Board for Fiscal 2019    Mgmt    For    For    For
5.1    Ratify PricewaterhouseCoopers GmbH as Auditors for Fiscal 2020    Mgmt    For    For    For
5.2    Ratify PricewaterhouseCoopers GmbH as Auditors for Half-Year and Quarterly Reports 2020    Mgmt    For    For    For
5.3    Ratify KPMG AG as Auditors for the First Quarter of Fiscal 2021    Mgmt    For    For    For
6.1    Elect Ulrich Grillo to the Supervisory Board    Mgmt    For    For    For
6.2    Elect Rolf Martin Schmitz to the Supervisory Board    Mgmt    For    For    For
6.3    Elect Deborah Wilkens to the Supervisory Board    Mgmt    For    For    For
7    Approve Creation of EUR 528 Million Pool of Capital with Partial Exclusion of Preemptive Rights    Mgmt    For    For    For
8    Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds without Preemptive Rights up to Aggregate Nominal Amount of EUR 6 Billion; Approve Creation of EUR 264 Million Pool of Capital to Guarantee Conversion Rights    Mgmt    For    For    For
9    Authorize Share Repurchase Program and Reissuance or Cancellation of Repurchased Shares    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

E.ON SE

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

10    Authorize Use of Financial Derivatives when Repurchasing Shares    Mgmt    For    Refer    For

Merck KGaA

 

Meeting Date:   05/28/2020   Country:   Germany   Primary Security ID:   D5357W103
Record Date:   05/15/2020   Meeting Type:   Annual   Ticker:   MRK
    Shares Voted:   60,806    

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1    Receive Financial Statements and Statutory Reports for Fiscal 2019 (Non-Voting)    Mgmt         
2    Accept Financial Statements and Statutory Reports for Fiscal 2019    Mgmt    For    For    For
3    Approve Allocation of Income and Dividends of EUR 1.30 per Share    Mgmt    For    For    For
4    Approve Discharge of Management Board for Fiscal 2019    Mgmt    For    For    For
5    Approve Discharge of Supervisory Board for Fiscal 2019    Mgmt    For    For    For
6    Ratify KPMG AG as Auditors for Fiscal 2020    Mgmt    For    For    For
7    Approve Affiliation Agreement with BSSN UG    Mgmt    For    Refer    For

AIA Group Limited

 

Meeting Date:   05/29/2020   Country:   Hong Kong   Primary Security ID:   Y002A1105
Record Date:   05/25/2020   Meeting Type:   Annual   Ticker:   1299
    Shares Voted:   885,034    

 

Proposal                   Voting    Vote

Number

  

Proposal Text

  

Proponent

  

Mgmt Rec

  

Policy Rec

  

Instruction

1    Accept Financial Statements and Statutory Reports    Mgmt    For    For    For
2    Approve Final Dividend    Mgmt    For    For    For
3    Elect Edmund Sze-Wing Tse as Director    Mgmt    For    For    For
4    Elect Jack Chak-Kwong So as Director    Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 90 Ivy VIP Asset Strategy

 

AIA Group Limited

 

Prop