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Form N-PX · fund seriesSEC series no. S000007721

VIP Value Portfolio

A series of VARIABLE INSURANCE PRODUCTS FUND

Vote records
1,338year to 30 June 2026
Against management
2.8%38 of 1,336 marked votes
Say-on-pay support
97.8%for, of for + against + abstain
Shareholder-proposal support
19.0%for, of for + against + abstain

VIP Value Portfolio is a series of VARIABLE INSURANCE PRODUCTS FUND. For the year to 30 June 2026 its registrant reported 1,338 vote records for the series; 2.8% of the votes marked for or against management went against management. It voted for 97.8% of say-on-pay items and for 19.0% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantFidelityMedian fund registrant
Against-management share2.8%3.2%6.0%6.2%
Say-on-pay support rate97.8%97.6%94.7%91.6%
Shareholder-proposal support rate19.0%17.2%27.6%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS946928151.9%
SECTION 14A SAY-ON-PAY VOTES958734.2%
AUDIT-RELATED10410400.0%
SHAREHOLDER RIGHTS AND DEFENSES76128.6%
EXTRAORDINARY TRANSACTIONS76114.3%
CAPITAL STRUCTURE363428.3%
COMPENSATION514745.9%
CORPORATE GOVERNANCE7348249.9%
ENVIRONMENT OR CLIMATE1951415.8%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE5230.0%
DIVERSITY, EQUITY, AND INCLUSION10280.0%
OTHER SOCIAL ISSUES234190.0%
OTHER2200.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20241,4322.4%97.4%16.2%
year to 30 June 20251,3562.3%98.8%14.6%
year to 30 June 20261,3382.8%97.8%19.0%

Questions

How often did VIP Value Portfolio vote against management?

2.8% of the votes its registrant marked for or against management in the year to 30 June 2026 (38 of 1,336).

How did VIP Value Portfolio vote on executive pay?

It voted for 87 of 89 say-on-pay items cast for, against or abstain (97.8%).

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 VARIABLE INSURANCE PRODUCTS FUND, 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 VARIABLE INSURANCE PRODUCTS FUND (filer no. 356494); votes attributed to series S000007721 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.