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Form N-PX · fund registrantSEC filer no. 355916

BlackRock Variable Series Funds, Inc.

fund voting report, part of BlackRock and iShares

Vote records reported
70,103year to 30 June 2026
Against management
4.2%2,934 of 69,721 marked votes
Say-on-pay support
93.2%for, of for + against + abstain
Shareholder-proposal support
9.6%for, of for + against + abstain
92.9% for4.9% against2.2% other4.2% against management69,906 votes

foragainstabstain, withhold or otheramber tick: the portion cast against management

In its Form N-PX for the year to 30 June 2026, BlackRock Variable Series Funds, Inc. listed 70,103 vote records. Votes against management made up 4.2% of those marked either way (2,934 of 69,721); the median fund registrant stood at 6.2%.

Weighted by the number of shares voted, the against-management share is 5.9%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.

On pay and on shareholder proposals: it voted for 93.2% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 9.6% of the proposals put forward by security holders (the median fund registrant: 27.5%).

By category, votes against management were most frequent in SHAREHOLDER RIGHTS AND DEFENSES (9.8% of 942), HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE (8.7% of 309) and SECTION 14A SAY-ON-PAY VOTES (7.1% of 5,914).

It reported 75.8 million shares out on loan at record dates, 3.82% of the shares it held or had lent across the meetings it reported. Shares on loan are not voted.

Compared with other filers

Each rate is defined once, in the methodology. The median is taken over 1,241 fund registrants with at least 25 vote records in the season.

year to 30 June 2026This filerMedian fund registrantAll filers pooled
Against-management share4.2%6.2%10.6%
Say-on-pay support rate93.2%91.6%86.0%
Shareholder-proposal support rate9.6%27.5%33.9%
Shares on loan, share of shares held3.82%0.00%3.12%
Largest families, year to 30 June 2026Against managementSay-on-pay supportShareholder-proposal support
Vanguard20.1%94.1%42.0%
BlackRock and iShares7.5%88.3%11.9%
Fidelity6.0%94.7%27.6%
Dimensional16.4%78.9%57.4%
State Street and SPDR16.9%77.1%50.4%

Votes by category

Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS43,58841,8348103.9%
SECTION 14A SAY-ON-PAY VOTES5,9195,1963827.1%
AUDIT-RELATED5,7035,668260.6%
INVESTMENT COMPANY MATTERS4400.0%
SHAREHOLDER RIGHTS AND DEFENSES9565953599.8%
EXTRAORDINARY TRANSACTIONS654612415.4%
CAPITAL STRUCTURE3,7173,5841223.5%
COMPENSATION3,8033,5532435.4%
CORPORATE GOVERNANCE5,5924,2621,1236.4%
ENVIRONMENT OR CLIMATE323322864.7%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE311272848.7%
DIVERSITY, EQUITY, AND INCLUSION11621141.8%
OTHER SOCIAL ISSUES4742642035.7%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 202467,8774.1%95.3%9.9%
year to 30 June 202566,8944.3%94.1%5.9%
year to 30 June 202670,1034.2%93.2%9.6%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, BlackRock Variable Series Funds, Inc. voted against management on 194 of the 2,908 it marked either way (6.7%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.

A further 6 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.

Shareholder proposals it supported

Of 506 proposals from security holders that could be told apart in the filings and on which it cast a vote, BlackRock Variable Series Funds, Inc. voted for 45 (8.9%). The 40 at the companies with the most reporting filers are listed. Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.

CompanyMeetingProposal
NVIDIA Corporation24 Jun 2026Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting...
Alphabet Inc.5 Jun 2026Shareholder proposal regarding equal shareholder voting
Walmart Inc.4 Jun 2026Report on Workplace Health and Safety Governance
Tesla, Inc.6 Nov 2025A shareholder proposal to amend the bylaws to repeal 3% derivative suit ownership threshold.
Tesla, Inc.6 Nov 2025A shareholder proposal to amend Article X of the bylaws.
Tesla, Inc.6 Nov 2025A shareholder proposal to seek shareholder approval before adopting an amendment to the bylaws pursuant to...
Tesla, Inc.6 Nov 2025Declassify the Board of Directors
Starbucks Corporation25 Mar 2026Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority...
Palo Alto Networks, Inc.9 Dec 2025To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding...
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding annual vote regarding executive pay.
Meta Platforms, Inc.27 May 2026Shareholder Proposal Regarding Data Protection Impact Assessment
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding disclosure of voting results by share class.
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding dual class capital structure.
FORD MOTOR COMPANY14 May 2026A shareholder proposal relating to a request that the Board take steps to implement one vote per share for...
FORD MOTOR COMPANY14 May 2026A shareholder proposal relating to public disclosure by share class of voting results on matters subject...
Airbnb, Inc.5 Jun 2026Dual-class sunset; and
Datadog, Inc.15 Jun 2026The stockholder proposal, if properly presented at the Annual Meeting, requesting the adoption of a simple...
Charter Communications, Inc.21 Apr 2026Stockholder proposal regarding political expenditures report.
Workday, Inc.16 Jun 2026To consider and vote upon a stockholder proposal regarding disclosure of voting results based on share class.
Lennar Corporation8 Apr 2026Shareholder proposal: SHAREHOLDER RIGHTS AND DEFENSES
ON Semiconductor Corporation14 May 2026To vote on a stockholder proposal regarding simple majority voting
Tyler Technologies, Inc.5 May 2026Shareholder Proposal Regarding Political Spending.
BJ's Wholesale Club Holdings, Inc.18 Jun 2026Vote on a shareholder proposal regarding a report on greenhouse gas emissions reduction efforts
Norwegian Cruise Line Holdings Ltd.11 Jun 2026To consider and vote upon one shareholder proposal
Campbell Soup Company18 Nov 2025To vote on a shareholder proposal regarding simple majority voting.
NVR, Inc.7 May 2026Shareholder proposal to disclose greenhouse gas emissions.
Five Below, Inc.16 Jun 2026Shareholder proposal requesting that provisions in the Company's governance documents requiring greater...
OGE Energy Corp.14 May 2026Shareholder Proposal Regarding Simple Majority Vote.
Knight-Swift Transportation Holdings Inc.12 May 2026Vote on a stockholder proposal regarding support for transparency in political spending.
Bio-Rad Laboratories, Inc.21 Apr 2026Stockholder proposal regarding dual class capital structure.
AutoNation, Inc.28 Apr 2026Adoption of stockholder proposal regarding GHG report.
SkyWest, Inc.5 May 2026A shareholder proposal regarding collective bargaining policy.
Calix, Inc.14 May 2026To hold an advisory vote on a stockholder proposal relating to a simple majority vote.
THOMSON REUTERS CORPORATION10 Jun 2026The shareholder proposal as set out in Appendix B of the accompanying Management Proxy Circular.
El Pollo Loco Holdings, Inc.26 May 2026Shareholder proposal: CORPORATE GOVERNANCE
Eni SpA6 May 2026Shareholder proposal: AUDIT-RELATED
MAREX GROUP PLC21 May 2026To authorise the Company to make political donations
QBE Insurance Group Limited8 May 2026Approve Disclosure of Climate Risks to the Company
QBE Insurance Group Limited8 May 2026Approve the Amendments to the Company's Constitution
Moncler SpA21 Apr 2026Shareholder proposal: AUDIT-RELATED

Shares on loan

BlackRock Variable Series Funds, Inc. reported 75.8 million shares on loan at record dates against 1.91 billion shares voted: 3.82% of the two together. Median fund registrant: 0.00%. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.

Fund series in this filing

13 series reported votes. A vote record can list several series. Series with 500 or more vote records have their own page.

SeriesVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
BlackRock Small Cap Index V.I. Fund16,0045.6%94.1%12.9%
BlackRock International Index V.I. Fund11,6014.5%89.8%11.8%
BlackRock Managed Volatility V.I. Fund9,6023.2%93.2%8.6%
BlackRock Global Allocation V.I. Fund8,6926.2%90.9%8.4%
BlackRock S&P 500 Index V.I. Fund6,6071.8%97.0%5.0%
BlackRock Advantage SMID Cap V.I. Fund6,4214.1%93.3%21.8%
BlackRock Advantage Large Cap Value V.I. Fund3,9342.4%94.6%7.1%
BlackRock Advantage Large Cap Core V.I. Fund3,3302.9%95.6%10.5%
BlackRock Equity Dividend V.I. Fund1,2091.5%94.0%5.6%
BlackRock Basic Value V.I. Fund8912.4%91.2%10.5%
BlackRock International V.I. Fund8342.5%98.0%0.0%
BlackRock Capital Appreciation V.I. Fund4894.9%87.5%17.9%
BlackRock Large Cap Focus Growth V.I. Fund4894.9%87.5%17.9%

The filings

These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.

Questions

How did BlackRock Variable Series Funds, Inc. vote on executive pay?

In the year to 30 June 2026 BlackRock Variable Series Funds, Inc. reported 5,578 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 5,196 were for (93.2%), 382 against and 0 abstentions. Counting one item per company meeting, it voted against management on 194 of the 2,908 say-on-pay items it marked either way. A further 6 say-on-pay items were reported without a management mark and are not counted in that figure.

How often does BlackRock Variable Series Funds, Inc. vote against management?

4.2% of the time in the year to 30 June 2026: 2,934 of the 69,721 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.

Did BlackRock Variable Series Funds, Inc. support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 279 votes on proposals from security holders in the year to 30 June 2026 and voted for 10 of them (3.6%). Across every category it voted for 9.6% of security-holder proposals. Filers choose the category for each vote, so the same proposal can sit in different categories in different filings.

Is this the result of the meetings?

No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.

Where does the data come from?

From the Form N-PX filings of this filer on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by BlackRock Variable Series Funds, Inc. (filer no. 355916), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 23 Sep 2026; page built 26 Sep 2026.