EX-99 2 shrmtgvotes.txt Shareholder meeting results (Unaudited) December 18, 2009 meeting At the meeting, each of the nominees for Trustees was elected, with all funds of the Trust voting together as a single class, as follows: Votes for Votes withheld Ravi Akhoury 338,078,489 9,970,237 Jameson A. Baxter 338,128,950 9,919,776 Charles B. Curtis 337,706,394 10,342,332 Robert J. Darretta 338,159,078 9,889,648 Myra R. Drucker 337,889,695 10,159,031 John A. Hill 338,213,260 9,835,466 Paul L. Joskow 338,211,188 9,837,538 Elizabeth T. Kennan 337,742,595 10,306,131 Kenneth R. Leibler 338,067,893 9,980,833 Robert E. Patterson 338,168,771 9,879,955 George Putnam, III 338,060,838 9,987,888 Robert L. Reynolds 338,281,788 9,766,938 W. Thomas Stephens 338,138,030 9,910,696 Richard B. Worley 338,111,757 9,936,969 December 18, 2009 meeting Conservative Portfolio A proposal to approve a new management contract between the fund and Putnam Management was approved as follows: Votes for Votes against Abstentions Broker non votes 87,257,049 792,352 4,310,949 11,566,198 A proposal to amend the fundamental investment restrictions with respect to investments in commodities was defeated as follows: Votes for Votes against Abstentions Broker non votes 36,913,319 54,603,698 843,334 11,566,197 November 19, 2009 meeting Growth Portfolio A proposal to approve a new management contract between the fund and Putnam Management was approved as follows: Votes for Votes against Abstentions Broker non votes 89,634,265 2,144,091 4,959,482 26,082,181 A proposal to amend the fundamental investment restrictions with respect to investments in commodities was approved as follows: Votes for Votes against Abstentions Broker non votes 83,683,457 10,560,478 2,493,904 26,082,180 A shareholder proposal requesting that the Board institute procedures to prevent the fund from holding investments in companies that, in the judgment of the Board, substantially contribute to genocide or crimes against humanity was defeated as follows: Votes for Votes against Abstentions Broker non votes 29,599,713 61,655,388 5,482,738 26,082,180 Balanced Portfolio A proposal to approve a new management contract between the fund and Putnam Management was approved as follows: Votes for Votes against Abstentions Broker non votes 84,354,953 2,119,788 8,556,796 26,270,623 A proposal to amend the fundamental investment restrictions with respect to investments in commodities was approved as follows: Votes for Votes against Abstentions Broker non votes 82,824,019 9,347,741 2,859,777 26,270,623 All tabulations are rounded to the nearest whole number.