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Form N-PX · fund registrantSEC filer no. 811030

PROFESSIONALLY MANAGED PORTFOLIOS

fund voting report

Vote records reported
9,080year to 30 June 2026
Against management
5.8%514 of 8,893 marked votes
Say-on-pay support
96.1%for, of for + against + abstain
Shareholder-proposal support
31.0%for, of for + against + abstain
91.3% for7.4% against1.4% other5.8% against management8,949 votes

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

PROFESSIONALLY MANAGED PORTFOLIOS reported 9,080 vote records for the year to 30 June 2026. It marked 5.8% of its votes as cast against management (514 of 8,893), close to the median fund registrant, which was 6.2%.

Weighted by the number of shares voted, the against-management share is 1.6%. 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 96.1% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 31.0% of the proposals put forward by security holders (the median fund registrant: 27.5%).

By category, votes against management were most frequent in EXTRAORDINARY TRANSACTIONS (67.2% of 61), ENVIRONMENT OR CLIMATE (26.7% of 101) and SHAREHOLDER RIGHTS AND DEFENSES (18.6% of 43).

It reported 4.6 million shares out on loan at record dates, 0.18% 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 share5.8%6.2%10.6%
Say-on-pay support rate96.1%91.6%86.0%
Shareholder-proposal support rate31.0%27.5%33.9%
Shares on loan, share of shares held0.18%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 ELECTIONS5,3855,1501483.9%
SECTION 14A SAY-ON-PAY VOTES577522244.3%
AUDIT-RELATED690679111.6%
INVESTMENT COMPANY MATTERS1100.0%
SHAREHOLDER RIGHTS AND DEFENSES46261918.6%
EXTRAORDINARY TRANSACTIONS61204167.2%
CAPITAL STRUCTURE529503264.4%
COMPENSATION441410315.9%
CORPORATE GOVERNANCE83772710811.8%
ENVIRONMENT OR CLIMATE101317026.7%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE84156918.1%
DIVERSITY, EQUITY, AND INCLUSION1821611.1%
OTHER SOCIAL ISSUES2266316215.9%
OTHER9383106.8%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 20249,3456.9%93.8%19.6%
year to 30 June 20259,8766.1%96.6%22.2%
year to 30 June 20269,0805.8%96.1%31.0%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, PROFESSIONALLY MANAGED PORTFOLIOS voted against management on 12 of the 308 it marked either way (3.9%) in the year to 30 June 2026.

A further 1 say-on-pay item was reported without a management mark and are left out of both sides of that fraction.

Shareholder proposals it supported

Of 190 proposals from security holders that could be told apart in the filings and on which it cast a vote, PROFESSIONALLY MANAGED PORTFOLIOS voted for 52 (27.4%). 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
JPMorgan Chase & Co.19 May 2026Independent board chairman
Eli Lilly and Company4 May 2026Shareholder proposal to adopt a policy and amend the bylaws to require an independent board chair.
AbbVie Inc.8 May 2026Stockholder Proposal - to Adopt a Policy to Require an Independent Chair
Netflix, Inc.4 Jun 2026Stockholder proposal entitled, "Proposal 4 - Shareholder Right to Act by Written Consent,"
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Biodiversity Impact and Dependency Assessment
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Report on Customer Data Privacy Risks
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Report on Packaging Policies for Plastics
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Independent Board Chair
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Report on Sufficiency of Associates' Access to Healthcare
Merck & Co., Inc.26 May 2026Shareholder proposal regarding a report on political contributions.
CHEVRON CORPORATION27 May 2026Adopt an Independent Chair
CHEVRON CORPORATION27 May 2026Commission a Third-Party Report on Human Rights Processes
CHEVRON CORPORATION27 May 2026Report on Indigenous Peoples' Rights
Bank of America Corporation4 May 2026Shareholder proposal requesting independent board chair
Bank of America Corporation4 May 2026Shareholder proposal requesting report on board oversight of risks related to animal welfare
Walmart Inc.4 Jun 2026Report on Immigration Policy & Enforcement
PEPSICO, INC.6 May 2026Shareholder Proposal - Report on Human Rights Oversight.
PEPSICO, INC.6 May 2026Shareholder Proposal - Independent Board Chair.
PEPSICO, INC.6 May 2026Shareholder Proposal - Report Evaluating the Treatment of Animals within Supply Chain.
Verizon Communications Inc.21 May 2026Board oversight of material issues related to climate change
Verizon Communications Inc.21 May 2026Independent board chair
QUALCOMM Incorporated17 Mar 2026Stockholder proposal entitled "Shareholder Ability to Call for a Special Meeting."
Amgen Inc.19 May 2026Stockholder proposal to require an independent board chairman.
Morgan Stanley14 May 2026Shareholder proposal requesting an independent Board Chairman
Deere & Company25 Feb 2026Shareholder proposal on shareholder right to act by written consent
THE BOEING COMPANY17 Apr 2026Action by Written Consent.
LOCKHEED MARTIN CORPORATION12 May 2026Stockholder Proposal Requiring Independent Board Chairman
Analog Devices, Inc.11 Mar 2026To consider a shareholder proposal
Mondelez International, Inc.20 May 2026Shareholder proposal requesting adoption of an independent board chairman policy
Mondelez International, Inc.20 May 2026Shareholder proposal requesting a report on objective evaluation of plastics packaging policies
Booking Holdings Inc.2 Jun 2026Non-binding stockholder vote on a proposal to avoid brand damage due to corporate political spending.
Booking Holdings Inc.2 Jun 2026Non-binding stockholder vote on a stockholder resolution regarding business operations in illegal settlements.
Colgate-Palmolive Company8 May 2026Stockholder proposal entitled "Independent Board Chairman."
Colgate-Palmolive Company8 May 2026Corporate governance
United Parcel Service, Inc.7 May 2026To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share.
United Parcel Service, Inc.7 May 2026To require UPS to engage a third-party to audit and prepare an additional report on the impacts of UPS...
United Parcel Service, Inc.7 May 2026To require UPS to provide an additional report describing the alignment of its operations and investments...
Cummins Inc.12 May 2026Shareholder proposal to adopt a policy for separation of the roles of Chairperson and Chief Executive Officer.
Vertex Pharmaceuticals Incorporated13 May 2026Shareholder proposal, if properly presented at the meeting, regarding shareholder right to act by written...
L3Harris Technologies, Inc.11 May 2026Shareholder Proposal titled "Improve Shareholder Ability to Call for a Special Shareholder Meeting".

Shares on loan

PROFESSIONALLY MANAGED PORTFOLIOS reported 4.6 million shares on loan at record dates against 2.57 billion shares voted: 0.18% 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

19 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
Boston Common ESG Impact International Fund1,0795.1%not reported60.0%
Boston Common ESG Impact Emerging Markets Fund80915.8%not reported44.4%
Becker Equity Fund7563.9%89.8%18.9%
Boston Common ESG Impact U.S. Equity Fund71018.6%83.3%63.1%
Bridges Investment Fund5850.3%100.0%0.0%
Congress Large Cap Growth Fund5300.0%100.0%0.0%
Congress Large Cap Growth ETF5060.0%100.0%0.0%
Osterweis Fund4937.3%94.4%41.5%
Osterweis Growth & Income Fund4895.9%97.1%38.5%
Villere Equity Fund4767.0%100.0%85.0%
Villere Balanced Fund4617.2%100.0%85.0%
Congress Mid Cap Growth Fund4240.0%100.0%0.0%
Congress SMid Growth ETF4080.0%100.0%0.0%
Congress Small Cap Growth Fund3850.0%100.0%not reported
Pabrai Wagons ETF3360.0%100.0%not reported
Osterweis Opportunity Fund32214.3%86.8%not reported
Akre Focus ETF2240.0%100.0%0.0%
Otter Creek Long/Short Opportunity Fund540.0%not reported0.0%
Otter Creek Focus Strategy ETF330.0%not reportednot reported

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 PROFESSIONALLY MANAGED PORTFOLIOS vote on executive pay?

In the year to 30 June 2026 PROFESSIONALLY MANAGED PORTFOLIOS reported 542 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 521 were for (96.1%), 21 against and 0 abstentions. Counting one item per company meeting, it voted against management on 12 of the 308 say-on-pay items it marked either way. A further 1 say-on-pay item was reported without a management mark and are not counted in that figure.

How often does PROFESSIONALLY MANAGED PORTFOLIOS vote against management?

5.8% of the time in the year to 30 June 2026: 514 of the 8,893 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 PROFESSIONALLY MANAGED PORTFOLIOS support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 97 votes on proposals from security holders in the year to 30 June 2026 and voted for 27 of them (27.8%). Across every category it voted for 31.0% 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 PROFESSIONALLY MANAGED PORTFOLIOS (filer no. 811030), 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.