MORNINGSTAR INC. 2023-2024 Proxy Voting Records

Description as filed by funds: Election of Directors: Bill Lyons

MORNINGSTAR INC.’s own tally for this item (“Elect Director: Bill Lyons”): 36,655,807 for, 2,068,504 against, per its Form 8-K filed May 15, 2024 (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: Elected, in the filing’s own words: “Each of the nominees for director, as listed in the proxy statement, was elected with the number of votes set forth below:”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 95 asset managers below reported 12,368,309 for, 586,123 against, 5,838 abstained.

Showing the 25 largest of 95 asset managers. See all 95 in the interactive database.

Description as filed by funds: Election of Directors: Caroline Tsay

MORNINGSTAR INC.’s own tally for this item (“Elect Director: Caroline Tsay”): 32,543,974 for, 6,181,356 against, per its Form 8-K filed May 15, 2024 (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: Elected, in the filing’s own words: “Each of the nominees for director, as listed in the proxy statement, was elected with the number of votes set forth below:”
Support: 84% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 95 asset managers below reported 9,164,243 for, 3,790,189 against, 5,838 abstained.

Showing the 25 largest of 95 asset managers. See all 95 in the interactive database.

Description as filed by funds: Election of Directors: Cheryl Francis

MORNINGSTAR INC.’s own tally for this item (“Elect Director: Cheryl Francis”): 31,189,986 for, 7,534,922 against, per its Form 8-K filed May 15, 2024 (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: Elected, in the filing’s own words: “Each of the nominees for director, as listed in the proxy statement, was elected with the number of votes set forth below:”
Support: 81% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 95 asset managers below reported 8,948,688 for, 4,005,744 against, 5,838 abstained.

Showing the 25 largest of 95 asset managers. See all 95 in the interactive database.

Description as filed by funds: Election of Directors: Doniel Sutton

MORNINGSTAR INC.’s own tally for this item (“Elect Director: Doniel Sutton”): 32,614,928 for, 6,109,944 against, per its Form 8-K filed May 15, 2024 (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: Elected, in the filing’s own words: “Each of the nominees for director, as listed in the proxy statement, was elected with the number of votes set forth below:”
Support: 84% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 95 asset managers below reported 9,164,154 for, 3,790,189 against, 5,927 abstained.

Showing the 25 largest of 95 asset managers. See all 95 in the interactive database.

Description as filed by funds: Election of Directors: Gail Landis

MORNINGSTAR INC.’s own tally for this item (“Elect Director: Gail Landis”): 32,147,041 for, 6,578,104 against, per its Form 8-K filed May 15, 2024 (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: Elected, in the filing’s own words: “Each of the nominees for director, as listed in the proxy statement, was elected with the number of votes set forth below:”
Support: 83% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 95 asset managers below reported 9,164,243 for, 3,790,189 against, 5,838 abstained.

Showing the 25 largest of 95 asset managers. See all 95 in the interactive database.

Description as filed by funds: Election of Directors: Joe Mansueto

MORNINGSTAR INC.’s own tally for this item (“Elect Director: Joe Mansueto”): 38,313,001 for, 412,322 against, per its Form 8-K filed May 15, 2024 (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: Elected, in the filing’s own words: “Each of the nominees for director, as listed in the proxy statement, was elected with the number of votes set forth below:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 95 asset managers below reported 12,838,761 for, 115,671 against, 5,838 abstained.

Showing the 25 largest of 95 asset managers. See all 95 in the interactive database.

Description as filed by funds: Election of Directors: Kunal Kapoor

MORNINGSTAR INC.’s own tally for this item (“Elect Director: Kunal Kapoor”): 38,479,017 for, 245,617 against, per its Form 8-K filed May 15, 2024 (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: Elected, in the filing’s own words: “Each of the nominees for director, as listed in the proxy statement, was elected with the number of votes set forth below:”
Support: 99.3% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 95 asset managers below reported 12,950,118 for, 4,314 against, 5,838 abstained.

Showing the 25 largest of 95 asset managers. See all 95 in the interactive database.

Description as filed by funds: Election of Directors: Robin Diamonte

MORNINGSTAR INC.’s own tally for this item (“Elect Director: Robin Diamonte”): 32,537,690 for, 6,187,070 against, per its Form 8-K filed May 15, 2024 (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: Elected, in the filing’s own words: “Each of the nominees for director, as listed in the proxy statement, was elected with the number of votes set forth below:”
Support: 84% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 95 asset managers below reported 9,164,243 for, 3,790,189 against, 5,838 abstained.

Showing the 25 largest of 95 asset managers. See all 95 in the interactive database.

Description as filed by funds: Election of Directors: Steve Joynt

MORNINGSTAR INC.’s own tally for this item (“Elect Director: Steve Joynt”): 28,789,451 for, 9,935,476 against, per its Form 8-K filed May 15, 2024 (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: Elected, in the filing’s own words: “Each of the nominees for director, as listed in the proxy statement, was elected with the number of votes set forth below:”
Support: 74% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 95 asset managers below reported 7,175,107 for, 5,779,325 against, 5,838 abstained.

Showing the 25 largest of 95 asset managers. See all 95 in the interactive database.

Description as filed by funds: Election of Directors: Steve Kaplan

MORNINGSTAR INC.’s own tally for this item (“Elect Director: Steve Kaplan”): 36,804,621 for, 1,920,533 against, per its Form 8-K filed May 15, 2024 (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: Elected, in the filing’s own words: “Each of the nominees for director, as listed in the proxy statement, was elected with the number of votes set forth below:”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 95 asset managers below reported 12,701,118 for, 253,314 against, 5,838 abstained.

Showing the 25 largest of 95 asset managers. See all 95 in the interactive database.

Description as filed by funds: Advisory vote to approve executive compensation of the Company's named executive officers.

MORNINGSTAR INC.’s own tally for this item (“Morningstar's executive compensation was approved, on an advisory basis, with the voting as follows:”): 38,378,684 for, 346,649 against — passed, per its Form 8-K filed May 15, 2024 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Morningstar's executive compensation was approved, on an advisory basis, with the voting as follows:”
Support: 99.1% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of MORNINGSTAR INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Advisory Vote to Ratify Named Executive Officers' Compensation” (10 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).

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 93 managers: 12,883,683 for, 36,951 against, 5,326 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports, all 311 managers: 15,390,832 for, 163,898 against, 21,696 not voted, 1,440 unknown. Showing the 25 largest; see all in the interactive database.

Description as filed by funds: RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS MORNINGSTAR'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2024.

MORNINGSTAR INC.’s own tally for this item (“The appointment of KPMG as Morningstar's independent registered public accounting firm for 2024 was ratified with the voting as follows:”): 39,387,232 for, 184,850 against — passed, per its Form 8-K filed May 15, 2024 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The appointment of KPMG as Morningstar's independent registered public accounting firm for 2024 was ratified with the voting as follows:”
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of MORNINGSTAR INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Ratify KPMG LLP as Auditors” (4 managers, 33,471 for, 512 abstained).

The 93 asset managers below reported 12,917,193 for, 3,441 against, 5,326 abstained.

Showing the 25 largest of 93 asset managers. See all 93 in the interactive database.