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Form N-PX · fund registrantSEC filer no. 927384

VARIABLE INSURANCE PRODUCTS FUND III

fund voting report, part of Fidelity

Vote records reported
11,861year to 30 June 2026
Against management
4.0%466 of 11,762 marked votes
Say-on-pay support
97.9%for, of for + against + abstain
Shareholder-proposal support
15.1%for, of for + against + abstain
92.3% for6.0% against1.7% other4.0% against management11,773 votes

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

In its Form N-PX for the year to 30 June 2026, VARIABLE INSURANCE PRODUCTS FUND III listed 11,861 vote records. Votes against management made up 4.0% of those marked either way (466 of 11,762); the median fund registrant stood at 6.2%.

Weighted by the number of shares voted, the against-management share is 5.1%. 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 97.9% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 15.1% 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 (22.9% of 48), EXTRAORDINARY TRANSACTIONS (19.0% of 58) and ENVIRONMENT OR CLIMATE (13.5% of 170).

It reported 80.0 million shares out on loan at record dates, 2.93% 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 share4.0%6.2%10.6%
Say-on-pay support rate97.9%91.6%86.0%
Shareholder-proposal support rate15.1%27.5%33.9%
Shares on loan, share of shares held2.93%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 ELECTIONS8,0447,7641393.5%
SECTION 14A SAY-ON-PAY VOTES879811172.7%
AUDIT-RELATED98197910.2%
INVESTMENT COMPANY MATTERS1100.0%
SHAREHOLDER RIGHTS AND DEFENSES48341422.9%
EXTRAORDINARY TRANSACTIONS58471119.0%
CAPITAL STRUCTURE348327217.2%
COMPENSATION454411437.9%
CORPORATE GOVERNANCE7195022118.9%
ENVIRONMENT OR CLIMATE1703313713.5%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE6913567.2%
DIVERSITY, EQUITY, AND INCLUSION8917729.1%
OTHER SOCIAL ISSUES224341904.5%
OTHER151410.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 202413,2283.7%97.3%21.1%
year to 30 June 202511,8223.6%98.5%18.1%
year to 30 June 202611,8614.0%97.9%15.1%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, VARIABLE INSURANCE PRODUCTS FUND III voted against management on 10 of the 536 it marked either way (1.9%) in the year to 30 June 2026.

Shareholder proposals it supported

Of 265 proposals from security holders that could be told apart in the filings and on which it cast a vote, VARIABLE INSURANCE PRODUCTS FUND III voted for 41 (15.5%). 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
Amazon.com, Inc.20 May 2026Shareholder proposal requesting additional reporting on impact of data centers on climate commitments
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
Alphabet Inc.5 Jun 2026Shareholder proposal regarding an enhanced disclosure on climate goals
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Report on Packaging Policies for Plastics
Berkshire Hathaway Inc.2 May 2026Shareholder proposal requesting that the Company issue a report disclosing the Board's oversight framework...
The Coca-Cola Company29 Apr 2026Vote on a shareowner proposal requesting a report on the extent of the Company's diversity, equity and...
The Coca-Cola Company29 Apr 2026Vote on a shareowner proposal requesting a report on the Company's plans to increase sustainability disclosure
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
Tesla, Inc.6 Nov 2025Shareholder proposal: CORPORATE GOVERNANCE
Wells Fargo & Company28 Apr 2026Shareholder Proposal - Govern by Majority Vote.
PALANTIR TECHNOLOGIES INC.3 Jun 2026Stockholder proposal entitled "Political Spending Disclosure,"
Starbucks Corporation25 Mar 2026Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority...
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding annual vote regarding executive pay.
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 report on climate change-related commitments.
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.
Target Corporation10 Jun 2026Shareholder proposal: ENVIRONMENT OR CLIMATE
O'Reilly Automotive, Inc.14 May 2026Shareholder proposal entitled "Avoid Brand Damage due to Corporate Political Spending."
Otis Worldwide Corporation27 May 2026Shareholder proposal regarding reporting on political contributions and expenditures
United Rentals, Inc.8 May 2026Advisory approval of executive compensation
Fastenal Company23 Apr 2026Shareholder proposal relating to an EEO-1 reporting disclosure policy
AppLovin Corporation3 Jun 2026Stockholder proposal regarding disclosure of voting results by class of shares
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...
ON Semiconductor Corporation14 May 2026To vote on a stockholder proposal regarding simple majority voting
Domino's Pizza, Inc.21 Apr 2026Shareholder proposal: CORPORATE GOVERNANCE
Akamai Technologies, Inc.13 May 2026To vote upon a shareholder proposal requiring the Company to provide a report on political spending.
BJ's Wholesale Club Holdings, Inc.18 Jun 2026Vote on a shareholder proposal regarding a report on deforestation in the company's own-brand supply chain
BJ's Wholesale Club Holdings, Inc.18 Jun 2026Vote on a shareholder proposal regarding a report on greenhouse gas emissions reduction efforts
Reliance, Inc.20 May 2026Company articles
Henry Schein, Inc.21 May 2026Proposal to approve, by non-binding vote, a shareholder proposal to Govern by Majority Vote.
Oshkosh Corporation5 May 2026Shareholder proposal: CORPORATE GOVERNANCE
Knight-Swift Transportation Holdings Inc.12 May 2026Vote on a stockholder proposal regarding support for transparency in political spending.
Eagle Materials Inc.4 Aug 2025Non-binding advisory stockholder proposal requesting the declassification of our Board of Directors.
Mohawk Industries, Inc.21 May 2026Stockholder proposal regarding a majority vote standard.
ArcBest Corporation24 Apr 2026A shareholder proposal to approve GHG emissions reduction targets

Shares on loan

VARIABLE INSURANCE PRODUCTS FUND III reported 80.0 million shares on loan at record dates against 2.65 billion shares voted: 2.93% 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

6 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
VIP Balanced Portfolio3,7753.4%97.7%15.0%
VIP Growth & Income Portfolio2,2702.3%99.2%10.7%
VIP Mid Cap Portfolio1,7174.4%98.0%21.4%
VIP Value Strategies Portfolio1,5862.7%97.1%20.0%
VIP Dynamic Capital Appreciation Portfolio1,5736.0%100.0%15.5%
VIP Growth Opportunities Portfolio9408.2%98.5%19.5%

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 VARIABLE INSURANCE PRODUCTS FUND III vote on executive pay?

In the year to 30 June 2026 VARIABLE INSURANCE PRODUCTS FUND III reported 828 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 811 were for (97.9%), 17 against and 0 abstentions. Counting one item per company meeting, it voted against management on 10 of the 536 say-on-pay items it marked either way.

How often does VARIABLE INSURANCE PRODUCTS FUND III vote against management?

4.0% of the time in the year to 30 June 2026: 466 of the 11,762 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 VARIABLE INSURANCE PRODUCTS FUND III support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 160 votes on proposals from security holders in the year to 30 June 2026 and voted for 23 of them (14.4%). Across every category it voted for 15.1% 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 VARIABLE INSURANCE PRODUCTS FUND III (filer no. 927384), 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.