AMBAC FINANCIAL GROUP INC. 2024-2025 Proxy Voting Records

Description as filed by funds: Election of Director: Claude LeBlanc

AMBAC FINANCIAL GROUP INC.’s own tally for this item (“Elect Director: Claude LeBlanc”): 27,992,694 for, 822,334 against, per its Form 8-K filed May 30, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 51 asset managers below reported 12,679,421 for.

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

Description as filed by funds: ELECTION OF DIRECTOR: IAN D. HAFT

AMBAC FINANCIAL GROUP INC.’s own tally for this item (“Elect Director: Ian D. Haft”): 27,993,784 for, 1,783,759 against, per its Form 8-K filed May 30, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 51 asset managers below reported 12,679,421 for.

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

Description as filed by funds: ELECTION OF DIRECTOR: JEFFREY S. STEIN

AMBAC FINANCIAL GROUP INC.’s own tally for this item (“Elect Director: Jeffrey S. Stein”): 27,759,140 for, 2,018,846 against, per its Form 8-K filed May 30, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 51 asset managers below reported 12,478,496 for, 200,925 against.

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

Description as filed by funds: ELECTION OF DIRECTOR: JOAN LAMM-TENNANT

AMBAC FINANCIAL GROUP INC.’s own tally for this item (“Elect Director: Joan Lamm-Tennant”): 27,261,882 for, 2,516,357 against, per its Form 8-K filed May 30, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 92% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 51 asset managers below reported 12,238,596 for, 440,825 against.

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

Description as filed by funds: ELECTION OF DIRECTOR: KRISTI A. MATUS

AMBAC FINANCIAL GROUP INC.’s own tally for this item (“Elect Director: Kristi A. Matus”): 27,725,713 for, 2,052,526 against, per its Form 8-K filed May 30, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 51 asset managers below reported 12,451,337 for, 228,084 against.

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

Description as filed by funds: ELECTION OF DIRECTOR: LISA G. IGLESIAS

AMBAC FINANCIAL GROUP INC.’s own tally for this item (“Elect Director: Lisa G. Iglesias”): 27,757,050 for, 2,020,889 against, per its Form 8-K filed May 30, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 51 asset managers below reported 12,479,376 for, 200,045 against.

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

Description as filed by funds: ELECTION OF DIRECTOR: MICHAEL D. PRICE

AMBAC FINANCIAL GROUP INC.’s own tally for this item (“Elect Director: Michael D. Price”): 27,743,055 for, 1,069,798 against, per its Form 8-K filed May 30, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 51 asset managers below reported 12,451,337 for, 228,084 against.

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

The 3 asset managers below reported 85,218 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Description as filed by funds: TO APPROVE THE ADJOURNMENT OF THE SPECIAL MEETING, IF NECESSARY OR APPROPRIATE, IN ORDER TO SOLICIT ADDITIONAL PROXIES IF THERE ARE INSUFFICIENT VOTES AT THE TIME OF THE SPECIAL MEETING TO APPROVE THE SALE PROPOSAL.

AMBAC FINANCIAL GROUP INC.’s own tally for this item (“3. The adjournment of the Special Meeting, if necessary or appropriate, in order to solicit additional proxies if there are insufficient votes at the time of the Special Meeting to approve the Sale Proposal”): 34,585,893 for, 3,366,541 against — passed, per its Form 8-K filed October 16, 2024 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The Company's stockholders approved the adjournment of the Special Meeting, if necessary or appropriate, in order to solicit additional proxies if there are insufficient votes at the time of the Special Meeting to approve the Sale Proposal.”
Support: 91% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 64 asset managers below reported 19,050,896 for, 925,137 against, 33,970 abstained.

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

The 3 asset managers below reported 85,218 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Description as filed by funds: To approve the stock purchase agreement, dated June 4, 2024, by and among Ambac Financial Group, Inc. ("Ambac") and American Acorn Corporation, a Delaware corporation owned by funds managed by Oaktree Capital Management, L.P. ("Buyer") (as it may be amended from time to time in accordance with its terms), providing for the sale by Ambac to Buyer of all of the issued and outstanding shares of common stock, par value $2.50 per share, of Ambac Assurance Corporation, a Wisconsin stock insurance company and wholly-owned subsidiary of Ambac (the "Sale"), as such Sale could be considered to constitute the sale of "substantially all of Ambac's property and assets" within the meaning of Section 271 of the General Corporation Law of the State of Delaware (the "Sale Proposal").

The 43 asset managers below reported 13,821,496 for, 33,970 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Showing the 25 largest of 43 asset managers. See all 43 in the interactive database.

Description as filed by funds: To approve the stock purchase agreement, dated 6/4/24, by & among Ambac Financial Group, Inc. ("Ambac") & American Acorn Corp, a Delaware Corp owned by funds managed by Oaktree Capital Management, L.P. ("Buyer"), providing for the sale by Ambac to Buyer of all of the issued & outstanding shares of common stock, par value $2.50 per share, of Ambac Assurance Corp, a Wisconsin stock insurance company & wholly-owned subsidiary of Ambac as such Sale could be considered to constitute the sale of substantially within the meaning of Section 271.

The 14 asset managers below reported 5,349,877 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Description as filed by funds: To approve the stock purchase agreement, dated June 4, 2024, by and among Ambac and American Acorn Corporation, a Delaware corporation owned by funds managed by Oaktree Capital Management, L.P. ("Buyer") (as it may be amended from time to time in accordance with its terms), providing for the sale by Ambac to Buyer of all of the issued and outstanding shares of common stock, par value $2.50 per share, of Ambac Assurance Corporation, a Wisconsin stock insurance company and wholly-owned subsidiary of Ambac (the "Sale"), as such Sale could be considered to constitute the sale of "substantially all of Ambac's property and assets" within the meaning of Section 271 of the General Corporation Law of the State of Delaware.

The 8 asset managers below reported 804,497 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Description as filed by funds: To approve, on an advisory (non-binding) basis, the compensation that will or may be paid or provided by Ambac to its named executive officers in connection with the Sale.

AMBAC FINANCIAL GROUP INC.’s own tally for this item (“2. The compensation that may under certain circumstances, be paid or provided by the Company to its named executive officers in connection with the Sale”): 33,992,230 for, 3,751,107 against — passed, per its Form 8-K filed October 16, 2024 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 2: The Company's stockholders approved, on an advisory (non-binding) basis, the compensation that may under certain circumstances, be paid or provided by the Company to its named executive officers in connection with the Sale.”
Support: 90% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports, all 64 managers: 19,600,773 for, 409,230 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports, all 160 managers: 15,179,407 for, 1,075,885 against, 245,231 abstained, 16,659 1 year. Showing the 25 largest; see all in the interactive database.

Description as filed by funds: To approve, on a non-binding advisory basis, the compensation for our named executive officers.

AMBAC FINANCIAL GROUP INC.’s own tally for this item (“2. By advisory (non-binding) vote, the compensation of our named executive officers, as disclosed in the Company's 2025 Proxy Statement, with the following vote”): 23,107,472 for, 6,234,365 against — passed, per its Form 8-K filed May 30, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The Company's stockholders approved, by advisory (non-binding) vote, the compensation of our named executive officers, as disclosed in the Company's 2025 Proxy Statement, with the following vote:”
Support: 79% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports, all 51 managers: 9,849,911 for, 2,829,510 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports, all 144 managers: 13,284,727 for, 2,612,456 against, 744,143 abstained, 16,659 1 year. Showing the 25 largest; see all in the interactive database.

Description as filed by funds: Advisory vote on whether the compensation paid to our named executive officers should be submitted to stockholders for an advisory vote Every Year, Every 2 Years. or Every 3 Years.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports, all 49 managers: 88,770 for, 10,962,764 1 year, 1,597,998 3 year. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports, all 139 managers: 76,027 for, 439 against, 13,619,918 1 year, 699,352 2 year, 275,708 3 year. Showing the 25 largest; see all in the interactive database.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports, all 3 managers: 85,218 for.

Institutional-manager reports, all 2 managers: 27,152 for.

Description as filed by funds: Advisory Vote on Say on Pay Frequency

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports, all 2 managers: 29,889 1 year.

Institutional-manager reports, all 2 managers: 39,716 1 year.

Description as filed by funds: TO RATIFY THE APPOINTMENT OF KPMG AS AMBAC'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2025.

AMBAC FINANCIAL GROUP INC.’s own tally for this item (“3. The selection of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025 with the following vote”): 35,394,344 for, 493,595 against — passed, per its Form 8-K filed May 30, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The Company's stockholders ratified the selection of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025 with the following vote:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 51 asset managers below reported 12,483,768 for, 195,653 against.

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.