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Form N-PX · fund seriesSEC series no. S000004397

PRIMECAP PORTFOLIO

A series of VANGUARD VARIABLE INSURANCE FUNDS

Vote records
1,926year to 30 June 2026
Against management
1.3%24 of 1,875 marked votes
Say-on-pay support
97.2%for, of for + against + abstain
Shareholder-proposal support
7.0%for, of for + against + abstain

PRIMECAP PORTFOLIO is a series of VANGUARD VARIABLE INSURANCE FUNDS. For the year to 30 June 2026 its registrant reported 1,926 vote records for the series; 1.3% of the votes marked for or against management went against management. It voted for 97.2% of say-on-pay items and for 7.0% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantVanguardMedian fund registrant
Against-management share1.3%2.4%20.1%6.2%
Say-on-pay support rate97.2%96.7%94.1%91.6%
Shareholder-proposal support rate7.0%11.2%42.0%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS1,1891,15970.7%
SECTION 14A SAY-ON-PAY VOTES23021262.6%
AUDIT-RELATED12912700.0%
SHAREHOLDER RIGHTS AND DEFENSES47153110.9%
EXTRAORDINARY TRANSACTIONS2200.0%
CAPITAL STRUCTURE494432.2%
COMPENSATION756541.4%
CORPORATE GOVERNANCE143105222.4%
ENVIRONMENT OR CLIMATE170170.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE130130.0%
DIVERSITY, EQUITY, AND INCLUSION9090.0%
OTHER SOCIAL ISSUES232210.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20241,8941.3%98.9%4.5%
year to 30 June 20251,7861.5%97.9%9.6%
year to 30 June 20261,9261.3%97.2%7.0%

Questions

How often did PRIMECAP PORTFOLIO vote against management?

1.3% of the votes its registrant marked for or against management in the year to 30 June 2026 (24 of 1,875).

How did PRIMECAP PORTFOLIO vote on executive pay?

It voted for 210 of 216 say-on-pay items cast for, against or abstain (97.2%).

Is this the result of the meetings?

No. Form N-PX shows how the fund voted the shares it held. It does not show how other shareholders voted or what the outcome was.

Where does the data come from?

From the Form N-PX filed by VANGUARD VARIABLE INSURANCE FUNDS, which lists the series that cast each vote. The SEC does not verify the contents. Data runs through 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX filed by VANGUARD VARIABLE INSURANCE FUNDS (filer no. 857490); votes attributed to series S000004397 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.