Morningstar, Inc. 2025-2026 Proxy Voting Records

Description as filed by funds: To elect ten directors nominated by the Company's Board of Directors to hold office until the next annual shareholders' meeting and until their respective successors have been elected and qualified: Anne Bramman

Morningstar, Inc.’s own tally for this item (“Elect Director: Anne Bramman”): 33,646,764 for, 46,318 against, per its Form 8-K filed May 8, 2026 (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: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 101 asset managers below reported 9,794,950 for, 3,893 abstained, 18 not voted.

Showing the 25 largest of 101 asset managers. See all 101 in the interactive database.

Description as filed by funds: To elect ten directors nominated by the Company's Board of Directors to hold office until the next annual shareholders' meeting and until their respective successors have been elected and qualified: Bill Lyons

Morningstar, Inc.’s own tally for this item (“Elect Director: Bill Lyons”): 31,265,595 for, 2,434,521 against, per its Form 8-K filed May 8, 2026 (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: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 101 asset managers below reported 9,257,531 for, 537,419 against, 3,893 abstained, 18 not voted.

Showing the 25 largest of 101 asset managers. See all 101 in the interactive database.

Description as filed by funds: To elect ten directors nominated by the Company's Board of Directors to hold office until the next annual shareholders' meeting and until their respective successors have been elected and qualified: Caroline Tsay

Morningstar, Inc.’s own tally for this item (“Elect Director: Caroline Tsay”): 33,262,359 for, 437,726 against, per its Form 8-K filed May 8, 2026 (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 101 asset managers below reported 9,747,554 for, 47,395 against, 3,893 abstained, 18 not voted.

Showing the 25 largest of 101 asset managers. See all 101 in the interactive database.

Description as filed by funds: To elect ten directors nominated by the Company's Board of Directors to hold office until the next annual shareholders' meeting and until their respective successors have been elected and qualified: Cheryl Francis

Morningstar, Inc.’s own tally for this item (“Elect Director: Cheryl Francis”): 32,212,413 for, 1,462,628 against, per its Form 8-K filed May 8, 2026 (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: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 101 asset managers below reported 9,585,592 for, 209,357 against, 3,893 abstained, 18 not voted.

Showing the 25 largest of 101 asset managers. See all 101 in the interactive database.

Description as filed by funds: To elect ten directors nominated by the Company's Board of Directors to hold office until the next annual shareholders' meeting and until their respective successors have been elected and qualified: Doniel Sutton

Morningstar, Inc.’s own tally for this item (“Elect Director: Doniel Sutton”): 33,126,385 for, 473,192 against, per its Form 8-K filed May 8, 2026 (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 101 asset managers below reported 9,794,547 for, 402 against, 3,893 abstained, 18 not voted.

Showing the 25 largest of 101 asset managers. See all 101 in the interactive database.

Description as filed by funds: To elect ten directors nominated by the Company's Board of Directors to hold office until the next annual shareholders' meeting and until their respective successors have been elected and qualified: Joe Mansueto

Morningstar, Inc.’s own tally for this item (“Elect Director: Joe Mansueto”): 33,192,034 for, 508,755 against, per its Form 8-K filed May 8, 2026 (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: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 101 asset managers below reported 9,781,674 for, 13,275 against, 3,893 abstained, 18 not voted.

Showing the 25 largest of 101 asset managers. See all 101 in the interactive database.

Description as filed by funds: To elect ten directors nominated by the Company's Board of Directors to hold office until the next annual shareholders' meeting and until their respective successors have been elected and qualified: Kunal Kapoor

Morningstar, Inc.’s own tally for this item (“Elect Director: Kunal Kapoor”): 33,502,488 for, 198,311 against, per its Form 8-K filed May 8, 2026 (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: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 101 asset managers below reported 9,794,939 for, 10 against, 3,893 abstained, 18 not voted.

Showing the 25 largest of 101 asset managers. See all 101 in the interactive database.

Description as filed by funds: To elect ten directors nominated by the Company's Board of Directors to hold office until the next annual shareholders' meeting and until their respective successors have been elected and qualified: Robin Diamonte

Morningstar, Inc.’s own tally for this item (“Elect Director: Robin Diamonte”): 33,147,696 for, 552,518 against, per its Form 8-K filed May 8, 2026 (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: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 101 asset managers below reported 9,747,553 for, 47,396 against, 3,893 abstained, 18 not voted.

Showing the 25 largest of 101 asset managers. See all 101 in the interactive database.

Description as filed by funds: To elect ten directors nominated by the Company's Board of Directors to hold office until the next annual shareholders' meeting and until their respective successors have been elected and qualified: Steve Joynt

Morningstar, Inc.’s own tally for this item (“Elect Director: Steve Joynt”): 33,420,268 for, 279,943 against, per its Form 8-K filed May 8, 2026 (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: 99.1% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 101 asset managers below reported 9,747,565 for, 47,385 against, 3,893 abstained, 18 not voted.

Showing the 25 largest of 101 asset managers. See all 101 in the interactive database.

Description as filed by funds: To elect ten directors nominated by the Company's Board of Directors to hold office until the next annual shareholders' meeting and until their respective successors have been elected and qualified: Steve Kaplan

Morningstar, Inc.’s own tally for this item (“Elect Director: Steve Kaplan”): 32,236,110 for, 1,464,664 against, per its Form 8-K filed May 8, 2026 (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: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 101 asset managers below reported 9,518,430 for, 276,519 against, 3,893 abstained, 18 not voted.

Showing the 25 largest of 101 asset managers. See all 101 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:”): 32,474,755 for, 1,206,815 against — passed, per its Form 8-K filed May 8, 2026 (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: 96% 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” (12 managers, Fund and manager reports combined; may count the same shares twice; no share total shown); “14A Executive Compensation” (2 managers, 713 for, 1,517 not voted); “To Approve, By An Advisory Vote, The Compensation Of The Company's Named Executives” (2 managers, 4 for).

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 100 managers: 9,511,383 for, 273,306 against, 3,893 abstained, 18 not voted. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports, all 350 managers: 12,342,380 for, 629,121 against, 7,599 abstained, 790 not voted. 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 2026.

Morningstar, Inc.’s own tally for this item (“The appointment of KPMG as Morningstar's independent registered public accounting firm for 2026 was ratified with the voting as follows:”): 34,861,651 for, 89,355 against — passed, per its Form 8-K filed May 8, 2026 (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 2026 was ratified with the voting as follows:”
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 101 asset managers below reported 9,782,174 for, 1,957 against, 3,893 abstained, 18 not voted.

Showing the 25 largest of 101 asset managers. See all 101 in the interactive database.