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PRINCIPAL VARIABLE CONTRACTS FUNDS INC 2025-2026: where it broke with the board

636 proposals in the 2025-2026 proxy season: PRINCIPAL VARIABLE CONTRACTS FUNDS INC voted against, or withheld its votes from, 630 proposals put forward by company boards, and voted for 6 shareholder proposals, by its own Form N-PX filings.

Two kinds of vote are listed: a board-sponsored proposal PRINCIPAL VARIABLE CONTRACTS FUNDS INC voted AGAINST or withheld on, and a shareholder proposal it voted FOR, with the board’s recommendation on it where the filings show one. A FOR vote on a proposal the board supported, or took no position on, is listed and labelled, but it is not a vote against the board. One row is one proposal at one meeting; “funds” is how many of the manager’s funds or accounts voted that way.

Everything Only shareholder proposals it backed

636 proposals.

PRINCIPAL VARIABLE CONTRACTS FUNDS INC, 2025-2026 proxy season. Who put a proposal on the ballot is taken from the filer’s own N-PX answer (Item 1(h)), or, marked “inferred”, from its category and wording where the filing does not say; see how we count these.
CompanyMeetingProposalCategory On the ballot fromBoard recommendedPRINCIPAL VARIABLE CONTRACTS FUNDS INC votedFunds
Hamilton Lane Incorporated September 4, 2025 Election of Class III Director: Hartley R. Rogers Director Elections Board WITHHOLD 1
Houlihan Lokey, Inc. September 17, 2025 To elect three Class I directors to our board of directors: Paul A. Zuber Director Elections Board WITHHOLD 1
Houlihan Lokey, Inc. September 17, 2025 To elect three Class I directors to our board of directors: Scott L. Beiser Director Elections Board WITHHOLD 1
Houlihan Lokey, Inc. September 17, 2025 To elect three Class I directors to our board of directors: Todd J. Carter Director Elections Board WITHHOLD 1
Hyundai Mobis Co., Ltd. August 19, 2025 Elect Kim Doh-hyeong as Inside Director Director Elections Board AGAINST 1
Hyundai Mobis Co., Ltd. March 17, 2026 Elect Seong Nak-seop as Inside Director Director Elections Board AGAINST 1
ICICI Bank Limited February 25, 2026 Elect Vijayalakshmi Iyer as Director Director Elections Board AGAINST 1
Immunocore Holdings Plc May 27, 2026 To re-appoint Kristine Peterson as a director who retires in accordance with the articles of association. Director Elections Board AGAINST 1
Inspire Medical Systems, Inc. April 30, 2026 Approval of an amendment and restatement of the Inspire Medical Systems, Inc. 2018 Incentive Award Plan. Compensation Board AGAINST 1
Inspire Medical Systems, Inc. April 30, 2026 Election of Class II Directors: Gary L. Ellis Director Elections Board WITHHOLD 1
InterContinental Hotels Group Plc May 7, 2026 Re-elect Angie Risley as Director Director Elections Board AGAINST 1
JFrog Ltd. May 20, 2026 Election of Directors: Elisa Steele Director Elections Board AGAINST 1
JSW Cement Ltd. December 27, 2025 Elect Sudhir Maheshwari as Director Director Elections Board AGAINST 1
JSW Infrastructure Ltd. July 15, 2025 Reelect Sajjan Jindal as Director Director Elections Board AGAINST 1
James Hardie Industries Plc October 29, 2025 Approve Grant of Return on Capital Employed Restricted Stock Units to Aaron Erter Compensation Board AGAINST 1
James Hardie Industries Plc October 29, 2025 Approve Increase in Non-Executive Director Fee Pool Compensation Board AGAINST 1
James Hardie Industries Plc October 29, 2025 Approve the Remuneration Report Compensation Board AGAINST 1
James Hardie Industries Plc October 29, 2025 Elect Anne Lloyd as Director Director Elections Board AGAINST 1
James Hardie Industries Plc October 29, 2025 Elect Gary Hendrickson as Director Director Elections Board AGAINST 1
James Hardie Industries Plc October 29, 2025 Elect Howard Heckes as Director Director Elections Board AGAINST 1
James Hardie Industries Plc October 29, 2025 Elect Peter John Davis as Director Director Elections Board AGAINST 1
James Hardie Industries Plc October 29, 2025 Elect Rada Rodriguez as Director Director Elections Board AGAINST 1
Jefferson Capital, Inc. June 5, 2026 The election of David Burton, Thomas Harding and Thomas Lydon, Jr. as Class I Directors: David Burton Director Elections Board WITHHOLD 1
Jumbo SA July 9, 2025 Advisory Vote on Remuneration Report Compensation Board AGAINST 1
Jumbo SA July 9, 2025 Approve Profit Sharing Plan Compensation Board AGAINST 1
KEYENCE Corp. June 12, 2026 Elect Director Nakano, Tetsuya Director Elections Board AGAINST 1
Kajima Corp. June 26, 2026 Elect Director Kiryu, Masafumi Director Elections Board AGAINST 1
Kajima Corp. June 26, 2026 Elect Director Oshimi, Yoshikazu Director Elections Board AGAINST 1
Karman Holdings Inc. April 29, 2026 Election of Directors: Stephen Twitty Director Elections Board WITHHOLD 1
Komatsu Ltd. June 23, 2026 Elect Director Imayoshi, Takuya Director Elections Board AGAINST 1
Komatsu Ltd. June 23, 2026 Elect Director Ogawa, Hiroyuki Director Elections Board AGAINST 1
LT Foods Limited September 30, 2025 Approve Grant of Employee Stock Options to the Employees of Subsidiary Company(ies) of the Company under LT Foods Employee Stock Option Scheme 2025 Compensation Board AGAINST 1
LT Foods Limited September 30, 2025 Approve LT Foods Employee Stock Option Scheme 2025 Compensation Board AGAINST 1
LT Foods Limited September 30, 2025 Approve Provision of Money by the Company for Purchase of Its Own Shares by the Trust/Trustees for the Benefit of Eligible Employees under the LT Foods Employee Stock Option Scheme 2025 Compensation Board AGAINST 1
LT Foods Limited September 30, 2025 Approve Secondary Acquisition of Shares through Trust Route for the Implementation of LT Foods Employee Stock Option Scheme 2025 Compensation Board AGAINST 1
Ladder Capital Corp. June 4, 2026 Election of the below Nominees to the Board of Directors: Brian Harris Director Elections Board WITHHOLD 1
Ladder Capital Corp. June 4, 2026 Election of the below Nominees to the Board of Directors: Mark Alexander Director Elections Board WITHHOLD 1
Lamar Advertising Company May 14, 2026 Election of directors: Anna Reilly Director Elections Board WITHHOLD 1
Lamar Advertising Company May 14, 2026 Election of directors: Elizabeth Thompson Director Elections Board WITHHOLD 1
Lamar Advertising Company May 14, 2026 Election of directors: John E. Koerner, III Director Elections Board WITHHOLD 1
Lamar Advertising Company May 14, 2026 Election of directors: Kevin P. Reilly, Jr. Director Elections Board WITHHOLD 1
Lamar Advertising Company May 14, 2026 Election of directors: Marshall A. Loeb Director Elections Board WITHHOLD 1
Lamar Advertising Company May 14, 2026 Election of directors: Stephen P. Mumblow Director Elections Board WITHHOLD 1
Lamar Advertising Company May 14, 2026 Election of directors: Thomas V. Reifenheiser Director Elections Board WITHHOLD 1
Lamar Advertising Company May 14, 2026 Election of directors: Wendell Reilly Director Elections Board WITHHOLD 1
Liberty Broadband Corporation May 11, 2026 Election of Directors: Gregg L. Engles Director Elections Board WITHHOLD 1
Liberty Broadband Corporation May 11, 2026 Election of Directors: John E. Welsh III Director Elections Board WITHHOLD 1
Liberty Live Holdings, Inc. May 11, 2026 The say-on-pay proposal, to approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
Life Time Group Holdings, Inc. April 22, 2026 Election of Class II Directors: J. Kristofer Galashan Director Elections Board WITHHOLD 1
Life Time Group Holdings, Inc. April 22, 2026 Election of Class II Directors: Jennifer Pomerantz Director Elections Board WITHHOLD 1
Life Time Group Holdings, Inc. April 22, 2026 Election of Class II Directors: Jonathan Coslet Director Elections Board WITHHOLD 1
LifeStance Health Group, Inc. June 2, 2026 Election of two director nominees named in the Proxy Statement to serve until the 2029 Annual Meeting of Stockholders: David Bourdon Director Elections Board WITHHOLD 1
Lumine Group Inc. May 15, 2026 Elect Director Brian Beattie Director Elections Board WITHHOLD 1
Marvell Technology, Inc. June 25, 2026 An advisory (non-binding) vote to approve compensation of our named executive officers. Say-on-Pay Board AGAINST 1
Max Financial Services Limited December 21, 2025 Elect Pradeep Pant as Director Director Elections Board AGAINST 1
Millrose Properties, Inc. May 18, 2026 Election of Directors: Carlos A. Migoya (Chair) Director Elections Board AGAINST 1
Millrose Properties, Inc. May 18, 2026 Election of Directors: M. Alison Mincey Director Elections Board AGAINST 1
Millrose Properties, Inc. May 18, 2026 Election of Directors: Matthew B. Gorson Director Elections Board AGAINST 1
Mitsubishi Electric Corp. June 24, 2026 Elect Director Uruma, Kei Director Elections Board AGAINST 1
NIQ Global Intelligence plc May 21, 2026 To elect, by separate resolutions, the following four Class I director nominees to the board of directors, to serve until the conclusion of the Company's 2029 annual general meeting: Gabriela Weiss Director Elections Board AGAINST 1
Natera, Inc. June 11, 2026 To approve an amendment to Natera's 2015 Equity Incentive Plan, as amended and restated. Compensation Board AGAINST 1
NetEase, Inc. June 23, 2026 Adopt Consultant Sublimit Compensation Board AGAINST 1
NetEase, Inc. June 23, 2026 Amend and Restate the Amended and Restated 2019 Share Incentive Plan as the Second Amended and Restated 2019 Share Incentive Plan Compensation Board AGAINST 1
NetEase, Inc. June 23, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
NetEase, Inc. June 23, 2026 Approve PricewaterhouseCoopers Zhong Tian LLP and PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Newmark Group, Inc. December 30, 2025 Approval, on an advisory basis, of executive compensation. Say-on-Pay Board AGAINST 1
Newmark Group, Inc. December 30, 2025 Election of Directors: Kenneth A. McIntyre Director Elections Board WITHHOLD 1
Newmark Group, Inc. December 30, 2025 Election of Directors: Kyle S. Lutnick Director Elections Board WITHHOLD 1
Newmark Group, Inc. December 30, 2025 Election of Directors: Stephen M. Merkel Director Elections Board WITHHOLD 1
Newmark Group, Inc. December 30, 2025 Election of Directors: Virginia S. Bauer Director Elections Board WITHHOLD 1
Nintendo Co., Ltd. June 26, 2026 Elect Director Furukawa, Shuntaro Director Elections Board AGAINST 1
Nu Holdings Ltd. September 8, 2025 Elect David Velez Osorno, Anita Mary Sands, David Alexandre Marcus, Douglas Mauro Leone, Jacqueline Dawn Reses, Luis Alberto Moreno Mejia, Roberto de Oliveira Campos Neto, Rogerio Paulo Calderon Peres and Thuan Quang Pham as Directors Director Elections Board AGAINST 1
O'Reilly Automotive, Inc. May 14, 2026 Shareholder proposal entitled "Avoid Brand Damage due to Corporate Political Spending." Other Social Issues Shareholder Against FOR 1
Obayashi Corp. June 29, 2026 Elect Director Obayashi, Takeo Director Elections Board AGAINST 1
Obayashi Corp. June 29, 2026 Elect Director Sato, Toshimi Director Elections Board AGAINST 1
Okta, Inc. June 18, 2026 To approve an amendment to our 2017 Equity Incentive Plan. Compensation Board AGAINST 1
Okta, Inc. June 18, 2026 To approve, on an advisory non-binding basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
Otis Worldwide Corporation May 27, 2026 Shareholder proposal regarding reporting on political contributions and expenditures Other Social Issues Shareholder Against FOR 1
PKO Bank Polski SA June 29, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
PKO Bank Polski SA June 29, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Parsons Corporation April 14, 2026 Election of Directors: Letitia A. Long Director Elections Board WITHHOLD 1
Regeneron Pharmaceuticals, Inc. June 12, 2026 Election of Directors: Christine A. Poon Director Elections Board AGAINST 1
Regeneron Pharmaceuticals, Inc. June 12, 2026 Election of Directors: Craig B. Thompson, M.D. Director Elections Board AGAINST 1
Regeneron Pharmaceuticals, Inc. June 12, 2026 Election of Directors: Joseph L. Goldstein, M.D. Director Elections Board AGAINST 1
Reliance Industries Ltd. July 29, 2025 Approve Appointment and Remuneration of Anant M. Ambani as Whole-Time Director, designated as an Executive Director Compensation Board AGAINST 1
Reliance Industries Ltd. July 29, 2025 Approve Reappointment and Remuneration of Hital R. Meswani as Whole-Time Director, designated as an Executive Director Compensation Board AGAINST 1
Reliance Industries Ltd. July 29, 2025 Elect Dinesh Kanabar as Director Director Elections Board AGAINST 1
Reliance Industries Ltd. August 29, 2025 Elect Isha M. Ambani as Director Director Elections Board AGAINST 1
Reliance Industries Ltd. August 29, 2025 Elect Nikhil R. Meswani as Director Director Elections Board AGAINST 1
Reliance Industries Ltd. June 19, 2026 Elect Akash M. Ambani as Director Director Elections Board AGAINST 1
Reliance Industries Ltd. June 19, 2026 Elect Anant M. Ambani as Director Director Elections Board AGAINST 1
Repligen Corporation May 14, 2026 Election of Directors: Carrie Eglinton Manner Director Elections Board AGAINST 1
Repligen Corporation May 14, 2026 Election of Directors: Glenn P. Muir Director Elections Board AGAINST 1
Repligen Corporation May 14, 2026 Election of Directors: Karen A. Dawes Director Elections Board AGAINST 1
RingCentral, Inc. December 31, 2025 To approve, on an advisory, non-binding basis, the named executive officers' compensation, as disclosed in the proxy statement (Proposal Three). Say-on-Pay Board AGAINST 1
Roblox Corporation May 28, 2026 Election of Class II Directors: Gregory Baszucki Director Elections Board WITHHOLD 1
Rocket Companies, Inc. June 10, 2026 Election of Class III Directors: Matthew Rizik Director Elections Board WITHHOLD 1
Rocket Lab Corporation August 27, 2025 Election of Class I Directors: Jon Olson Director Elections Board WITHHOLD 1
Rocket Lab Corporation August 27, 2025 Election of Class I Directors: Merline Saintil Director Elections Board WITHHOLD 1
Rocket Lab Corporation August 27, 2025 To approve, on a non-binding advisory basis, the compensation of our named executive officers disclosed in the accompanying proxy statement. Say-on-Pay Board AGAINST 1

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Built November 7, 2026 from SEC Form N-PX filings.