UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington DC 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-5017

IVY FUNDS VARIABLE INSURANCE PORTFOLIOS

(Exact Name as Specified in Charter)

6300 Lamar Avenue, Overland Park, Kansas 66202-4200

(Address of Principal Executive Office) (Zip Code)

Kristen A. Richards, 6300 Lamar Avenue, Overland Park, Kansas 66202-4200

(Name and Address of Agent for Service)

Registrant’s Telephone Number, including Area Code (913) 236-2000

Date of fiscal year end: December 31

Date of reporting period: July 1, 2009 to June 30, 2010

IVY FUNDS VIP ASSET STRATEGY

Proxy Voting Record

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Reliance Communications Ltd (formerly RELIANCE COMMUNICATION	Meeting Date
	01-Jul-09
Ticker: N/A

CUSIP: Y72317103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Postal Ballot	Mgmt	No	None	None
1	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to 25 Percent of the Company’s Issued Share Capital to Qualified Institutional Buyers	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	460,682	460,682
		Totals:	460,682	460,682

HDFC Bank Limited	Meeting Date
	14-Jul-09
Ticker: N/A

CUSIP: Y3119P117

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Dividend of INR 10.00 Per Share	Mgmt	Yes	For	For
3	Reappoint A. Pande as Director	Mgmt	Yes	For	For
4	Reappoint A. Samanta as Director	Mgmt	Yes	For	For
5	Approve Haribhakti & Co. as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
6	Approve Revision in Remuneration of A. Puri, Managing Director	Mgmt	Yes	For	For
7	Approve Appointment and Remuneration of J. Capoor, Chairman	Mgmt	Yes	For	For
8	Amend Employees Stock Option Schemes VIII to XIII Re: Exercise Period	Mgmt	Yes	For	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	199,600	199,600
		Totals:	199,600	199,600

Page 1 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Housing Development Finance Corp. Ltd.	Meeting Date
	22-Jul-09
Ticker: N/A

CUSIP: Y37246157

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Dividend of INR 30.00 Per Share	Mgmt	Yes	For	For
3	Reappoint S.B. Patel as Director	Mgmt	Yes	For	For
4	Reappoint B.S. Mehta as Director	Mgmt	Yes	For	For
5	Reappoint S.A. Dave as Director	Mgmt	Yes	For	For
6	Approve Deloitte Haskins & Sells as Auditors and Branch Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
7	Approve Pannell Kerr Forster as Branch Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
8	Approve Reappointment and Remuneration of D.S. Parekh, Chairman and Managing Director	Mgmt	Yes	For	For
9	Approve Commission Remuneration for Non-Executive Directors	Mgmt	Yes	For	For
10	Authorize Issuance of Warrants Convertible into 10.95 Million Equity Shares with Secured Redeemable Non-Convertible Debentures without Preemptive Rights to Qualified Institutional Buyers	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	112,026	112,026
		Totals:	112,026	112,026

Barclays plc	Meeting Date
	06-Aug-09
Ticker: N/A

CUSIP: G08036124

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve Disposal by Barclays plc of the Barclays Global Investors Business and Ancillary Arrangements	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	2,142,100	2,142,100
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	1,161,800	1,161,800
		Totals:	3,303,900	3,303,900

Page 2 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

PING AN INSURANCE (GROUP) CO. OF CHINA, LTD.	Meeting
	Date
	07-Aug-09
Ticker: N/A

CUSIP: Y69790106

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Special Business	Mgmt	No	For	None
1	Approve a Specific Mandate to Allot and Issue Consideration Shares Under the Share Purchase Agreement	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	251,500	251,500
		Totals:	251,500	251,500

PING AN INSURANCE (GROUP) CO. OF CHINA, LTD.	Meeting Date
	07-Aug-09
Ticker: N/A

CUSIP: Y69790106

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Meeting for H Shareholders	Mgmt	No	None	None
	Special Business	Mgmt	No	For	None
1	Approve a Specific Mandate to Allot and Issue Consideration Shares Under the Share Purchase Agreement	Mgmt	Yes	For	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	251,500	251,500
		Totals:	251,500	251,500

BRF – Brasil Foods SA	Meeting Date
	18-Aug-09
Ticker: N/A

CUSIP: N/A

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve Agreement to Acquire All Common and Preferred Shares of Sadia SA Not Already Held by the Company	Mgmt	Yes	For	For
2	Appoint Banco de Investimentos Credit Suisse SA to Evaluate Share Swap Ratio, and Appoint Planconsult Planejamento e Consultoria Ltda to Evaluate Increase in Share Capital	Mgmt	Yes	For	For
3	Approve Reports by Credit Suisse and Planconsult	Mgmt	Yes	For	For
4	Approve Acquisition of Sadia SA and Amend Article 5 to Reflect Increase in Share Capital	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	163,300	163,300
		Totals:	163,300	163,300

Page 3 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Larsen & Toubro Ltd	Meeting Date
	28-Aug-09
Ticker: N/A

CUSIP: Y5217N159

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Dividend of INR 10.50 Per Share	Mgmt	Yes	For	For
3	Reappoint S.N. Talwar as Director	Mgmt	Yes	For	For
4	Reappoint K.V. Rangaswami as Director	Mgmt	Yes	For	For
5	Appoint T. Mathew T. as Director	Mgmt	Yes	For	For
6	Reappoint M.V. Kotwal as Director	Mgmt	Yes	For	For
7	Reappoint V.K. Magapu as Director	Mgmt	Yes	For	For
8	Reappoint R.N. Mukhija as Director	Mgmt	Yes	For	For
9	Appoint J.S. Bindra as Director	Mgmt	Yes	For	For
10	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to an Aggregate Amount of INR 24 Billion to Qualified Institutional Buyers	Mgmt	Yes	For	For
11	Approve Sharp & Tannan as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	602,900	602,900
		Totals:	602,900	602,900

Industrial and Commercial Bank of China Limited	Meeting Date
	02-Sep-09
Ticker: N/A

CUSIP: Y3990B112

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Special Business	Mgmt	No	None	None
1	Approve Capital Injection of an Amount Equivalent to RMB 3 Billion in ICBC Financial Leasing Co., Ltd.	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	57,233,700	57,233,700
		Totals:	57,233,700	57,233,700

Page 4 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Nike, Inc.	Meeting Date
	21-Sep-09
Ticker: NKE

CUSIP: 654106103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Jill K. Conway	Mgmt	Yes	For	For
1.2	Elect Director Alan B. Graf, Jr.	Mgmt	Yes	For	For
1.3	Elect Director John C. Lechleiter	Mgmt	Yes	For	For
2	Amend Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	155,900	155,900
		Totals:	155,900	155,900

DLF LTD	Meeting Date
	30-Sep-09
Ticker: N/A

CUSIP: Y2089H105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Dividend of INR 2.00 Per Share	Mgmt	Yes	For	For
3	Reappoint K. Swarup as Director	Mgmt	Yes	For	For
4	Reappoint D.V. Kapur as Director	Mgmt	Yes	For	For
5	Reappoint M.M. Sabharwal as Director	Mgmt	Yes	For	For
6	Approve Walker Chandiok & Co. as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
7	Approve Reappointment and Remuneration of K. Swarup, Senior Executive Director - Legal	Mgmt	Yes	For	For
8	Approve Appointment and Remuneration of S.D. Singh as Vice President of DLF Commercial Developers Ltd, a Wholly-Owned Subsidiary of the Company	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	0	0
		Totals:	0	0

Page 5 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

China Petroleum & Chemical Corp.	Meeting Date
	15-Oct-09
Ticker: N/A

CUSIP: Y15010104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve Connected Transaction with a Related Party and the Related Annual Caps	Mgmt	Yes	For	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	9,432,000	9,432,000
		Totals:	9,432,000	9,432,000

China Overseas Land & Investment Ltd.	Meeting Date
	03-Nov-09
Ticker: N/A

CUSIP: Y15004107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve JV Agreement Among China Overseas Development (Shanghai) Co., Ltd.; China State Construction and Engineering Co., Ltd.; and China State Construction No. 8 Engineering Co., Ltd. in Relation to the Development of a Joint Venure Company	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	3,285,300	3,285,300
		Totals:	3,285,300	3,285,300

Industrial and Commercial Bank of China Limited	Meeting Date
	27-Nov-09
Ticker: N/A

CUSIP: Y3990B112

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Special Business	Mgmt	No	None	None
1	Approve Sale and Purchase Agreement Between Industrial and Commercial Bank of China Ltd. and Bangkok Bank Public Company Ltd. and the Voluntary Tender and Delisting Offers and Related Transactions	Mgmt	Yes	For	For
	Ordinary Business	Mgmt	No	None	None
2	Elect Malcolm Christopher McCarthy as Independent Non-Executive Director	Mgmt	Yes	For	For
3	Elect Kenneth Patrick Chung as Independent Non-Executive Director	Mgmt	Yes	For	For

Page 6 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	59,673,700	59,673,700
		Totals:	59,673,700	59,673,700

Cielo SA	Meeting Date
	14-Dec-09
Ticker: N/A

CUSIP: N/A

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Change Company Name to Cielo SA; Amend and Consolidate Company Bylaws Accordingly	Mgmt	Yes	For	For
2	Elect Fiscal Council Members and Their Alternates for The Fiscal Year Ended on Dec 31, 2009	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	0	0
		Totals:	0	0

China Communications Construction Company Ltd.	Meeting Date
	29-Dec-09
Ticker: N/A

CUSIP: Y14369105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1a	Reelect Zhou Jichang ad Executive Director	Mgmt	Yes	For	For
1b	Reelect Meng Fengchao as Executive Director	Mgmt	Yes	For	For
1c	Reelect Fu Junyuan as Executive Director	Mgmt	Yes	For	For
1d	Reelect Zhang Changfu as Non-Executive Director	Mgmt	Yes	For	For
1e	Reelect Lu Hongjun as Independent Non-Executive Director	Mgmt	Yes	For	For
1f	Reelect Yuan Yaohui as Independent Non-Executive Director	Mgmt	Yes	For	For
1g	Reelect Zou Qiao as Independent Non-Executive Director	Mgmt	Yes	For	For
1h	Elect Liu Zhangmin as Independent Non-Executive Director	Mgmt	Yes	For	For
1i	Elect Daniel R. Fung as Independent Non-Executive Director	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	9,942,000	9,942,000
		Totals:	9,942,000	9,942,000

Page 7 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Visa Inc.	Meeting Date
	20-Jan-10
Ticker: V

CUSIP: 92826C839

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Robert W. Matschullat	Mgmt	Yes	For	For
1.2	Elect Director Cathy E. Minehan	Mgmt	Yes	For	For
1.3	Elect Director David J. Pang	Mgmt	Yes	For	For
1.4	Elect Director William S. Shanahan	Mgmt	Yes	For	For
1.5	Elect Director John A. Swainson	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Sent	273,300	273,300
		Totals:	273,300	273,300

Lenovo Group Limited (formerly Legend Group Limited)	Meeting Date
	22-Jan-10
Ticker: N/A

CUSIP: Y5257Y107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve Sale and Purchase Agreement and the Issue of Consideration Shares	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	8,346,000	8,346,000
		Totals:	8,346,000	8,346,000

Vale S.A.	Meeting Date
	22-Jan-10
Ticker: N/A

CUSIP: P2605D109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Meeting for ADR Holders	Mgmt	No
1	Ratify Nomination of Alternate Member of Board of Directors	Mgmt	Yes	For	For
2	Approve Agreement to Absorb Mineracao Estrela de Apolo and Mineracao Vale Corumba	Mgmt	Yes	For	For

Page 8 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

3	Appoint Domingues e Pinho Contadores to Appraise Proposed Merger	Mgmt	Yes	For	For
4	Approve Appraisal of Proposed Merger	Mgmt	Yes	For	For
5	Approve Absorption of Mineracao Estrela de Apolo and Mineracao Vale Corumba	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	280,800	280,800
		Totals:	280,800	280,800

Monsanto Co.	Meeting Date
	26-Jan-10
Ticker: MON

CUSIP: 61166W101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Frank V. AtLee III	Mgmt	Yes	For	For
2	Elect Director David L. Chicoine	Mgmt	Yes	For	For
3	Elect Director Arthur H. Harper	Mgmt	Yes	For	For
4	Elect Director Gwendolyn S. King	Mgmt	Yes	For	For
5	Ratify Auditors	Mgmt	Yes	For	For
6	Amend Omnibus Stock Plan	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	159,231	159,231
		Totals:	159,231	159,231

Jacobs Engineering Group Inc.	Meeting Date
	28-Jan-10
Ticker: JEC

CUSIP: 469814107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Robert C. Davidson, Jr.	Mgmt	Yes	For	For
1.2	Elect Director Edward V. Fritzky	Mgmt	Yes	For	For
1.3	Elect Director Benjamin F. Montoya	Mgmt	Yes	For	For
1.4	Elect Director Peter J. Robertson	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Page 9 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	88,500	88,500
		Totals:	88,500	88,500

Banco Santander Brasil SA	Meeting Date
	03-Feb-10
Ticker: N/A

CUSIP: P1505Z137

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Directors	Mgmt	Yes	For	For
2	Approve Stock Option Plan	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	876,100	876,100
		Totals:	876,100	876,100

Accenture plc	Meeting Date
	04-Feb-10
Ticker: N/A

CUSIP: G1151C101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Reelect William L. Kimsey as a Director	Mgmt	Yes	For	For
1.2	Reelect Robert I. Lipp as a Director	Mgmt	Yes	For	For
1.3	Reelect Wulf von Schimmelmann as a Director	Mgmt	Yes	For	For
2	Approve KPMG as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
3	Approve 2010 Share Incentive Plan	Mgmt	Yes	For	For
4	Approve 2010 Employee Share Purchase Plan	Mgmt	Yes	For	For
5	Change Location of Annual Meeting	Mgmt	Yes	For	Against
6	Authorize Open-Market Purchases of Class A Ordinary Shares	Mgmt	Yes	For	For
7	Authorize Board to Determine Price Range for the Issuance of Acquired Treasury Stock	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	50,700	50,700
		Totals:	50,700	50,700

Page 10 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Apple Inc.	Meeting Date
	25-Feb-10
Ticker: AAPL

CUSIP: 037833100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director William V. Campbell	Mgmt	Yes	For	For
1.2	Elect Director Millard S. Drexler	Mgmt	Yes	For	For
1.3	Elect Director Albert A. Gore, Jr.	Mgmt	Yes	For	For
1.4	Elect Director Steven P. Jobs	Mgmt	Yes	For	For
1.5	Elect Director Andrea Jung	Mgmt	Yes	For	For
1.6	Elect Director Arthur D. Levinson	Mgmt	Yes	For	For
1.7	Elect Director Jerome B. York	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Amend Non-Employee Director Omnibus Stock Plan	Mgmt	Yes	For	For
4	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For
5	Ratify Auditors	Mgmt	Yes	For	For
6	Prepare Sustainability Report	SH	Yes	Against	Against
7	Establish Other Board Committee	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Sent	110,200	110,200
		Totals:	110,200	110,200

QUALCOMM Incorporated	Meeting Date
	02-Mar-10
Ticker: QCOM

CUSIP: 747525103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Barbara T. Alexander	Mgmt	Yes	For	For
1.2	Elect Director Stephen M. Bennett	Mgmt	Yes	For	For
1.3	Elect Director Donald G. Cruickshank	Mgmt	Yes	For	For
1.4	Elect Director Raymond V. Dittamore	Mgmt	Yes	For	For
1.5	Elect Director Thomas W. Horton	Mgmt	Yes	For	For
1.6	Elect Director Irwin Mark Jacobs	Mgmt	Yes	For	For
1.7	Elect Director Paul E. Jacobs	Mgmt	Yes	For	For
1.8	Elect Director Robert E. Kahn	Mgmt	Yes	For	For

Page 11 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

1.9	Elect Director Sherry Lansing	Mgmt	Yes	For	For
1.10	Elect Director Duane A. Nelles	Mgmt	Yes	For	For
1.11	Elect Director Brent Scowcroft	Mgmt	Yes	For	For
1.12	Elect Director Marc I. Stern	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Sent	726,157	726,157
		Totals:	726,157	726,157

Hyundai Motor Co.	Meeting Date
	12-Mar-10
Ticker: N/A

CUSIP: Y38472109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve Appropriation of Income and Dividend of KRW 1,150 per Common Share	Mgmt	Yes	For	For
2	Elect Two Inside Directors and Two Outside Directors	Mgmt	Yes	For	For
3	Elect Nam Sung-Il as Member of Audit Committee	Mgmt	Yes	For	For
4	Approve Total Remuneration of Inside Directors and Outside Directors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	325,800	325,800
		Totals:	325,800	325,800

Samsung Electronics Co. Ltd.	Meeting Date
	19-Mar-10
Ticker: N/A

CUSIP: Y74718100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve Appropriation of Income and Year-End Dividends of KRW 7,500 per Common Share and KRW 7,550 per Preferred Share	Mgmt	Yes	For	For
2.1	Elect Lee In-Ho as Outside Director	Mgmt	Yes	For	For
2.2	Elect Lee In-Ho as Member of Audit Committee	Mgmt	Yes	For	For
3	Approve Total Remuneration of Inside Directors and Outside Directors	Mgmt	Yes	For	For

Page 12 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	40,700	40,700
		Totals:	40,700	40,700

ASML Holding NV	Meeting Date
	24-Mar-10
Ticker: N/A

CUSIP: N07059178

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Annual Meeting	Mgmt	No
1	Open Meeting	Mgmt	No
2	Discuss the Company’s Business and Finacial Situation	Mgmt	No
3	Approve Financial Statements and Statutory Reports	Mgmt	Yes	For	Do Not Vote
4	Approve Discharge of Management Board	Mgmt	Yes	For	Do Not Vote
5	Approve Discharge of Supervisory Board	Mgmt	Yes	For	Do Not Vote
6	Receive Explanation on Company’s Reserves and Dividend Policy	Mgmt	No
7	Approve Dividends of EUR 0.20 Per Share	Mgmt	Yes	For	Do Not Vote
8.a	Discuss Remuneration Report	Mgmt	No
8.b	Approve Remuneration Report Containing Remuneration Policy for Management Board Members	Mgmt	Yes	For	Do Not Vote
9.a	Approve Performance Share Arrangement According to Remuneration Policy 2010	Mgmt	Yes	For	Do Not Vote
9.b	Approve Performance Share Grant According to Remuneration Policy 2008	Mgmt	Yes	For	Do Not Vote
9.c	Approve Performance Stock Option Grants	Mgmt	Yes	For	Do Not Vote
10	Approve the Numbers of Stock Options, Respectively Shares for Employees	Mgmt	Yes	For	Do Not Vote
11	Notification of the Intended Election of F. Schneider-Manoury to the Management Board	Mgmt	No
12	Discussion of Supervisory Board Profile	Mgmt	No
13	Notification of the Retirement of W.T. Siegle and J.W.B. Westerburgen of the Supervisory Board by Rotation in 2011	Mgmt	No
14.a	Grant Board Authority to Issue Shares up To Five Percent of Issued Capital	Mgmt	Yes	For	Do Not Vote
14.b	Authorize Board to Exclude Preemptive Rights from Issuance under Item 14.a	Mgmt	Yes	For	Do Not Vote
14.c	Grant Board Authority to Issue Additional Shares of up to Five Percent in Case of Takeover/Merger	Mgmt	Yes	For	Do Not Vote
14.d	Authorize Board to Exclude Preemptive Rights from Issuance under Item 14.c	Mgmt	Yes	For	Do Not Vote
15	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	Mgmt	Yes	For	Do Not Vote

Page 13 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

16	Authorize Cancellation of Repurchased Shares	Mgmt	Yes	For	Do Not Vote
17	Authorize Additionnal Cancellation of Repurchased Shares	Mgmt	Yes	For	Do Not Vote
18	Other Business	Mgmt	No
19	Close Meeting	Mgmt	No

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	AutoApproved	140,000	140,000
		Totals:	140,000	140,000

BRF — Brasil Foods SA	Meeting Date
	31-Mar-10
Ticker: N/A

CUSIP: P1905C100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve Financial Statements and Allocation of Income	Mgmt	Yes	For	For
2	Approve Dividends	Mgmt	Yes	For	For
3	Elect Roberto Faldini as Director	Mgmt	Yes	For	For
4	Elect Fiscal Council and Audit Committee	Mgmt	Yes	For
5	Approve Remuneration of Executive Officers, Non-Executive Directors, and Fiscal Council Members	Mgmt	Yes	For
6	Approve Issuance of Shares without Preemptive Rights	Mgmt	Yes	For	For
7	Approve Share-Based Plan and Stock Option Plan for BRF Executive Officers	Mgmt	Yes	For
8	Approve Share-Based Plan and Stock Option Plan for Sadia Executive Officers	Mgmt	Yes	For
9	Approve 1:2 Stock Split	Mgmt	Yes	For
10	Ratify Auditors	Mgmt	Yes	For	For
11	Appoint Independent Firm to Appraise Proposed Absorption	Mgmt	Yes	For
12	Approve Absorption of Avipal Nordeste SA and HHF Participacoes SA by BRF	Mgmt	Yes	For
13	Designate Newspapers to Publish Company Announcements	Mgmt	Yes	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Uninstructed	0	0
90 Ivy Funds VIP Asset Strategy, 90	610592862	Uninstructed	0	0
		Totals:	0	0

Page 14 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Schlumberger Ltd.	Meeting Date
	07-Apr-10
Ticker: SLB

CUSIP: 806857108

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect P. Camus as Director	Mgmt	Yes	For	For
1.2	Elect P. Currie as Director	Mgmt	Yes	For	For
1.3	Elect J.S. Gorelick as Director	Mgmt	Yes	For	For
1.4	Elect A. Gould as Director	Mgmt	Yes	For	For
1.5	Elect T. Isaac as Director	Mgmt	Yes	For	For
1.6	Elect K.V. Kamath as Director	Mgmt	Yes	For	For
1.7	Elect N. Kudryavtsev as Director	Mgmt	Yes	For	For
1.8	Elect A. Lajous as Director	Mgmt	Yes	For	For
1.9	Elect M.E. Marks as Director	Mgmt	Yes	For	For
1.10	Elect L.R. Reif as Director	Mgmt	Yes	For	For
1.11	Elect T.I. Sandvold as Director	Mgmt	Yes	For	For
1.12	Elect H. Seydoux as Director	Mgmt	Yes	For	For
2	Adopt and Approve Financials and Dividends	Mgmt	Yes	For	For
3	Approve 2010 Omnibus Stock Incentive Plan	Mgmt	Yes	For	For
4	Amend Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For
5	Ratify PricewaterhouseCoopers LLP as Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Approved	155,900	155,900
		Totals:	155,900	155,900

Industrial and Commercial Bank of China Limited	Meeting Date
	08-Apr-10
Ticker: N/A

CUSIP: Y3990B112

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Wang Lili as Executive Director	Mgmt	Yes	For	For
2	Approve 2010 Fixed Assets Investment Budget	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	34,263,700	34,263,700
		Totals:	34,263,700	34,263,700

Page 15 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

LVMH Moet Hennessy Louis Vuitton	Meeting Date
	15-Apr-10
Ticker: N/A

CUSIP: F58485115

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Ordinary Business	Mgmt	No
1	Approve Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Accept Consolidated Financial Statements and Statutory Reports	Mgmt	Yes	For	For
3	Approve Auditors’ Special Report Regarding Related-Party Transactions	Mgmt	Yes	For	Against
4	Approve Allocation of Income and Dividends of EUR 1.60 per Share	Mgmt	Yes	For	For
5	Reelect Bernard Arnault as Director	Mgmt	Yes	For	For
6	Reelect Delphine Arnault as Director	Mgmt	Yes	For	For
7	Reelect Nicholas Clive Worms as Director	Mgmt	Yes	For	For
8	Reelect Patrick Houel as Director	Mgmt	Yes	For	For
9	Reelect Felix G. Rohatyn as Director	Mgmt	Yes	For	For
10	Reelect Hubert Vedrine as Director	Mgmt	Yes	For	For
11	Elect Helene Carrere d’ Encausse as Director	Mgmt	Yes	For	For
12	Reelect Kilian Hennesy as Censor	Mgmt	Yes	For	For
13	Reelect Deloitte & Associes as Auditor	Mgmt	Yes	For	For
14	Ratify Ernst & Young Audit as Auditor	Mgmt	Yes	For	For
15	Reelect Denis Grison as Alternate Auditor	Mgmt	Yes	For	For
16	Ratify Auditex as Alternate Auditor	Mgmt	Yes	For	For
17	Authorize Repurchase of Up to 10 Percent of Issued Share Capital	Mgmt	Yes	For	For
	Special Business	Mgmt	No
18	Approve Reduction in Share Capital via Cancellation of Repurchased Shares	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	109,500	109,500
		Totals:	109,500	109,500

Page 16 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

REDECARD SA	Meeting Date
	15-Apr-10
Ticker: N/A

CUSIP: P79941103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Annual Meeting Agenda	Mgmt	No
1	Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2009	Mgmt	Yes	For	For
2	Approve Allocation of Income and Dividends	Mgmt	Yes	For	For
3	Elect Directors	Mgmt	Yes	For	For
4	Approve Remuneration of Executive Officers, Non-Executive Directors, and Audit Committee Members	Mgmt	Yes	For	For
5	Designate Newspapers to Publish Company Announcements	Mgmt	Yes	For	For
	Special Meeting Agenda	Mgmt	No
6	Change Articles 16, 18, and 19 and Change the Wording of Articles 9, 29, 30, 32, 34 and 36	Mgmt	Yes	For	For
7	Amend Stock Option Plan	Mgmt	Yes	For	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Rejected	746,300	746,300
90 Ivy Funds VIP Asset Strategy, 90	610592862	Rejected	746,300	746,300
		Totals:	1,492,600	1,492,600

Anglo American plc	Meeting Date
	22-Apr-10
Ticker: N/A

CUSIP: G03764134

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Elect Sir Philip Hampton as Director	Mgmt	Yes	For	For
3	Elect Ray O’Rourke as Director	Mgmt	Yes	For	For
4	Elect Sir John Parker as Director	Mgmt	Yes	For	For
5	Elect Jack Thompson as Director	Mgmt	Yes	For	For
6	Re-elect Cynthia Carroll as Director	Mgmt	Yes	For	For
7	Re-elect Nicky Oppenheimer as Director	Mgmt	Yes	For	For
8	Reappoint Deloitte LLP as Auditors	Mgmt	Yes	For	For
9	Authorise Board to Fix Remuneration of Auditors	Mgmt	Yes	For	For
10	Approve Remuneration Report	Mgmt	Yes	For	For
11	Authorise Issue of Equity with Pre-emptive Rights	Mgmt	Yes	For	Against
12	Authorise Issue of Equity without Pre-emptive Rights	Mgmt	Yes	For	For
13	Authorise Market Purchase	Mgmt	Yes	For	For
14	Amend Articles of Association	Mgmt	Yes	For	For
15	Authorise the Company to Call EGM with Two Weeks’ Notice	Mgmt	Yes	For	For

Page 17 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	173,000	173,000
		Totals:	173,000	173,000

Hong Kong Exchanges and Clearing Ltd	Meeting Date
	22-Apr-10
Ticker: N/A

CUSIP: Y3506N139

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Declare Final Dividend of HK$ 2.09 Per Share	Mgmt	Yes	For	For
3a	Elect John Estmond Strickland as Director	Mgmt	Yes	For	For
3b	Elect Wong Sai Hung, Oscar as Director	Mgmt	Yes	For	For
4	Reappoint PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
5	Authorize Repurchase of Up to 10 Percent of Issued Share Capital	Mgmt	Yes	For	For
6a	Approve Remuneration of HK$500,000 and HK$350,000 Per Annum Payable to the Chairman and Each of the Other Non-executive Directors Respectively	Mgmt	Yes	For	For
6b	Approve Attendance Fee of HK$2,500 Per Meeting Payable to the Chairman and Every Member (Excluding Executive Director) of Certain Board Committees	Mgmt	Yes	For	For
7	Amend Articles of Association	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	823,800	823,800
		Totals:	823,800	823,800

Volkswagen AG (VW)	Meeting Date
	22-Apr-10
Ticker: N/A

CUSIP: D94523145

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Meeting For Preferred Shareholders	Mgmt	No
1	Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds without Preemptive Rights up to Aggregate Nominal Amount of EUR 5 Billion; Approve Creation of EUR 102.4 Million Pool of Capital to Guarantee Conversion Rights	Mgmt	Yes	For	Do Not Vote

Page 18 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	AutoApproved	88,300	88,300
		Totals:	88,300	88,300

Banco Santander Brasil SA	Meeting Date
	27-Apr-10
Ticker: N/A

CUSIP: P1505Z137

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2009	Mgmt	Yes	For	For
2	Approve Allocation of Income and Dividends	Mgmt	Yes	For	For
3	Approve Remuneration of Executive Officers, Non-Executive Directors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	1,065,100	1,065,100
		Totals:	1,065,100	1,065,100

Banco Santander Brasil SA	Meeting Date
	27-Apr-10
Ticker: N/A

CUSIP: P1505Z137

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Authorize Capitalization of Reserves for Bonus Issue	Mgmt	Yes	For	For
2	Amend Articles	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	1,065,100	1,065,100
		Totals:	1,065,100	1,065,100

Xstrata plc	Meeting Date
	05-May-10
Ticker: N/A

CUSIP: G9826T102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For

Page 19 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

2	Approve Final Dividend	Mgmt	Yes	For	For
3	Approve Remuneration Report	Mgmt	Yes	For	For
4	Re-elect Mick Davis as Director	Mgmt	Yes	For	For
5	Re-elect David Rough as Director	Mgmt	Yes	For	For
6	Re-elect Sir Steve Robson as Director	Mgmt	Yes	For	For
7	Re-elect Willy Strothotte as Director	Mgmt	Yes	For	For
8	Elect Dr Con Fauconnier as Director	Mgmt	Yes	For	For
9	Reappoint Ernst & Young LLP as Auditors and Authorise Their Remuneration	Mgmt	Yes	For	For
10	Authorise Issue of Equity with Pre-emptive Rights	Mgmt	Yes	For	Against
11	Authorise Issue of Equity without Pre-emptive Rights	Mgmt	Yes	For	For
12	Authorise the Company to Call EGM with Not Less Than 20 Clear Days’ Notice	Mgmt	Yes	For	For
13	Amend Articles of Association	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	1,190,324	1,190,324
		Totals:	1,190,324	1,190,324

Holcim Ltd. (formerly Holderbank Financiere Glarus)	Meeting Date
	06-May-10
Ticker: N/A

CUSIP: H36940130

Did not vote due to share blocking

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	Do Not Vote
1.2	Approve Remuneration Report	Mgmt	Yes	For	Do Not Vote
2	Approve Discharge of Board and Senior Management	Mgmt	Yes	For	Do Not Vote
3	Approve Allocation of Income and Dividends of CHF 1.50 per Share	Mgmt	Yes	For	Do Not Vote
4.1.1	Reelect Markus Akermann as Director	Mgmt	Yes	For	Do Not Vote
4.1.2	Reelect Peter Kuepfer as Director	Mgmt	Yes	For	Do Not Vote
4.1.3	Reelect Rolf Soiron as Director	Mgmt	Yes	For	Do Not Vote
4.2	Elect Beat Hess as Director	Mgmt	Yes	For	Do Not Vote
4.3	Ratify Ernst & Young AG as Auditors	Mgmt	Yes	For	Do Not Vote
5	Amend Articles Re: Share Certificates due to New Swiss Federal Act on Intermediated Securities	Mgmt	Yes	For	Do Not Vote

Page 20 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	AutoApproved	136,100	0
		Totals:	136,100	0

Lafarge	Meeting Date
	06-May-10
Ticker: N/A

CUSIP: F54432111

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Ordinary Business	Mgmt	No
1	Approve Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Accept Consolidated Financial Statements and Statutory Reports	Mgmt	Yes	For	For
3	Approve Allocation of Income and Dividends of EUR 2.00 per Ordinary Share and EUR 2.20 per Long-Term Registered Share	Mgmt	Yes	For	For
4	Approve Auditors’ Special Report Mentioning New and Ongoing Related-Party Transactions	Mgmt	Yes	For	For
5	Elect Colette Lewiner as Director	Mgmt	Yes	For	For
6	Elect Veronique Weill as Director	Mgmt	Yes	For	For
7	Approve Remuneration of Directors in the Aggregate Amount of EUR 700,000	Mgmt	Yes	For	For
8	Authorize Repurchase of Up to 5 Percent of Issued Share Capital	Mgmt	Yes	For	For
9	Authorize Filing of Required Documents/Other Formalities	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	136,400	136,400
		Totals:	136,400	136,400

PMC-Sierra, Inc.	Meeting Date
	06-May-10
Ticker: PMCS

CUSIP: 69344F106

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Robert L. Bailey	Mgmt	Yes	For	For
1.2	Elect Director Richard E. Belluzzo	Mgmt	Yes	For	For
1.3	Elect Director James V. Diller, Sr.	Mgmt	Yes	For	For
1.4	Elect Director Michael R. Farese	Mgmt	Yes	For	For

Page 21 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

1.5	Elect Director Jonathan J. Judge	Mgmt	Yes	For	For
1.6	Elect Director William H. Kurtz	Mgmt	Yes	For	For
1.7	Elect Director Gregory S. Lang	Mgmt	Yes	For	For
1.8	Elect Director Frank J. Marshall	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Approve Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For
4	Performance-Based Equity Awards	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	1,206,300	1,206,300
		Totals:	1,206,300	1,206,300

Colgate-Palmolive Company	Meeting Date
	07-May-10
Ticker: CL

CUSIP: 194162103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director John T. Cahill	Mgmt	Yes	For	For
2	Elect Director Ian Cook	Mgmt	Yes	For	For
3	Elect Director Helene D. Gayle	Mgmt	Yes	For	For
4	Elect Director Ellen M. Hancock	Mgmt	Yes	For	For
5	Elect Director Joseph Jimenez	Mgmt	Yes	For	For
6	Elect Director David W. Johnson	Mgmt	Yes	For	For
7	Elect Director Richard J. Kogan	Mgmt	Yes	For	For
8	Elect Director Delano E. Lewis	Mgmt	Yes	For	For
9	Elect Director J. Pedro Reinhard	Mgmt	Yes	For	For
10	Elect Director Stephen I. Sadove	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For
12	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For
13	Report on Charitable Contributions	SH	Yes	Against	Against
14	Amend Articles/Bylaws/Charter – Call Special Meetings	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	126,000	126,000
		Totals:	126,000	126,000

Page 22 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Standard Chartered plc	Meeting Date
	07-May-10
Ticker: N/A

CUSIP: G84228157

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Final Dividend	Mgmt	Yes	For	For
3	Approve Remuneration Report	Mgmt	Yes	For	For
4	Re-elect Jamie Dundas as Director	Mgmt	Yes	For	For
5	Re-elect Val Gooding as Director	Mgmt	Yes	For	For
6	Re-elect Rudy Markham as Director	Mgmt	Yes	For	For
7	Re-elect John Peace as Director	Mgmt	Yes	For	For
8	Re-elect Peter Sands as Director	Mgmt	Yes	For	For
9	Re-elect Paul Skinner as Director	Mgmt	Yes	For	For
10	Re-elect Oliver Stocken as Director	Mgmt	Yes	For	For
11	Elect Jaspal Bindra as Director	Mgmt	Yes	For	For
12	Elect Richard Delbridge as Director	Mgmt	Yes	For	For
13	Elect Dr Han Seung-soo as Director	Mgmt	Yes	For	For
14	Elect Simon Lowth as Director	Mgmt	Yes	For	For
15	Elect Mike Rees as Director	Mgmt	Yes	For	For
16	Reappoint KPMG Audit plc as Auditors	Mgmt	Yes	For	For
17	Authorise Board to Fix Remuneration of Auditors	Mgmt	Yes	For	For
18	Approve EU Political Donations and Expenditure	Mgmt	Yes	For	For
19	Authorise Issue of Equity with Pre-emptive Rights	Mgmt	Yes	For	Against
20	Authorise Issue of Equity with Pre-emptive Rights	Mgmt	Yes	For	Against
21	Authorise Issue of Equity with Pre-emptive Rights	Mgmt	Yes	For	Against
22	Authorise Issue of Equity without Pre-emptive Rights	Mgmt	Yes	For	For
23	Authorise Issue of Equity without Pre-emptive Rights	Mgmt	Yes	For	For
24	Authorise Market Purchase	Mgmt	Yes	For	For
25	Authorise Market Purchase	Mgmt	Yes	For	For
26	Adopt New Articles of Association	Mgmt	Yes	For	For
27	Authorise the Company to Call EGM with Two Weeks’ Notice	Mgmt	Yes	For	For
28	Amend Restricted Share Scheme	Mgmt	Yes	For	For
29	Approve Waiver on the Reporting and Annual Review Requirements in Respect of Ongoing Banking Transactions with Associates of Temasek	Mgmt	Yes	For	For
30	Approve the Waiver in Respect of the Requirement to Enter into Fixed-term Written Agreements with Temasek	Mgmt	Yes	For	For

Page 23 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

31 Approve Future Ongoing Banking Transactions with Temasek Mgmt Yes For For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	1,537,100	1,537,100
		Totals:	1,537,100	1,537,100

Gilead Sciences, Inc.	Meeting Date
	11-May-10
Ticker: GILD

CUSIP: 375558103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Paul Berg	Mgmt	Yes	For	For
1.2	Elect Director John F. Cogan	Mgmt	Yes	For	For
1.3	Elect Director Etienne F. Davignon	Mgmt	Yes	For	For
1.4	Elect Director James M. Denny	Mgmt	Yes	For	For
1.5	Elect Director Carla A. Hills	Mgmt	Yes	For	For
1.6	Elect Director Kevin E. Lofton	Mgmt	Yes	For	For
1.7	Elect Director John W. Madigan	Mgmt	Yes	For	For
1.8	Elect Director John C. Martin	Mgmt	Yes	For	For
1.9	Elect Director Gordon E. Moore	Mgmt	Yes	For	For
1.10	Elect Director Nicholas G. Moore	Mgmt	Yes	For	For
1.11	Elect Director Richard J. Whitley	Mgmt	Yes	For	For
1.12	Elect Director Gayle E. Wilson	Mgmt	Yes	For	For
1.13	Elect Director Per Wold-Olsen	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Reduce Supermajority Vote Requirement	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	200,500	200,500
		Totals:	200,500	200,500

Mead Johnson Nutrition Company	Meeting Date
	11-May-10
Ticker: MJN

CUSIP: 582839106

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Stephen W. Golsby	Mgmt	Yes	For	For

Page 24 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

1.2	Elect Director Dr. Steven M. Altschuler	Mgmt	Yes	For	For
1.3	Elect Director Howard B. Bernick	Mgmt	Yes	For	For
1.4	Elect Director James M. Cornelius	Mgmt	Yes	For	For
1.5	Elect Director Peter G. Ratcliffe	Mgmt	Yes	For	For
1.6	Elect Director Dr. Elliott Sigal	Mgmt	Yes	For	For
1.7	Elect Director Robert S. Singer	Mgmt	Yes	For	For
1.8	Elect Director Kimberly A. Casiano	Mgmt	Yes	For	For
1.9	Elect Director Anna C. Catalano	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	Against
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	147,900	147,900
		Totals:	147,900	147,900

Amgen, Inc.	Meeting Date
	12-May-10
Ticker: AMGN

CUSIP: 031162100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Dr. David Baltimore	Mgmt	Yes	For	For
2	Elect Director Frank J. Biondi, Jr.	Mgmt	Yes	For	For
3	Elect Director Francois De Carbonnel	Mgmt	Yes	For	For
4	Elect Director Jerry D. Choate	Mgmt	Yes	For	For
5	Elect Director Dr. Vance D. Coffman	Mgmt	Yes	For	For
6	Elect Director Frederick W. Gluck	Mgmt	Yes	For	For
7	Elect Director Dr. Rebecca M. Henderson	Mgmt	Yes	For	For
8	Elect Director Frank C. Herringer	Mgmt	Yes	For	For
9	Elect Director Dr. Gilbert S. Omenn	Mgmt	Yes	For	For
10	Elect Director Judith C. Pelham	Mgmt	Yes	For	For
11	Elect Director Adm. J. Paul Reason, USN (Retired)	Mgmt	Yes	For	For
12	Elect Director Leonard D. Schaeffer	Mgmt	Yes	For	For
13	Elect Director Kevin W. Sharer	Mgmt	Yes	For	For
14	Ratify Auditors	Mgmt	Yes	For	For
15	Provide Right to Act by Written Consent	SH	Yes	Against	For
16	Stock Retention/Holding Period	SH	Yes	Against	Against

Page 25 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	197,400	197,400
		Totals:	197,400	197,400

China Mobile Limited	Meeting Date
	12-May-10
Ticker: N/A

CUSIP: Y14965100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Final Dividend of HK$1.458 Per Share	Mgmt	Yes	For	For
3a	Reelect Li Yue as Director	Mgmt	Yes	For	For
3b	Reelect Lu Xiangdong as Director	Mgmt	Yes	For	Against
3c	Reelect Xin Fanfei as Director	Mgmt	Yes	For	For
3d	Reelect Frank Wong Kwong Shing as Director	Mgmt	Yes	For	For
4	Reappoint KMPG as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
5	Authorize Repurchase of Up to 10 Percent of Issued Share Capital	Mgmt	Yes	For	For
6	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	Mgmt	Yes	For	For
7	Authorize Reissuance of Repurchased Shares	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	915,500	915,500
		Totals:	915,500	915,500

China Unicom (Hong Kong) Ltd	Meeting Date
	12-May-10
Ticker: N/A

CUSIP: Y1519S111

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Final Dividend	Mgmt	Yes	For	For
3a1	Reelect Zuo Xunsheng as Director	Mgmt	Yes	For	For
3a2	Reelect Tong Jilu as Director	Mgmt	Yes	For	For
3a3	Reelect Cheung Wing Lam Linus as Director	Mgmt	Yes	For	For
3b	Authorize the Board to Fix Remuneration of Directors	Mgmt	Yes	For	For

Page 26 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

4	Reappoint PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
5	Authorize Repurchase of Up to 10 Percent of Issued Share Capital	Mgmt	Yes	For	For
6	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	Mgmt	Yes	For	For
7	Authorize Reissuance of Repurchased Shares	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	3,594,000	3,594,000
		Totals:	3,594,000	3,594,000

Juniper Networks, Inc.	Meeting Date
	12-May-10
Ticker: JNPR

CUSIP: 48203R104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Pradeep Sindhu	Mgmt	Yes	For	For
1.2	Elect Director Robert M. Calderoni	Mgmt	Yes	For	For
1.3	Elect Director William F. Meehan	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	257,900	257,900
		Totals:	257,900	257,900

Philip Morris International Inc.	Meeting Date
	12-May-10
Ticker: PM

CUSIP: 718172109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Harold Brown	Mgmt	Yes	For	For
2	Elect Director Mathis Cabiallavetta	Mgmt	Yes	For	For
3	Elect Director Louis C. Camilleri	Mgmt	Yes	For	For
4	Elect Director J. Dudley Fishburn	Mgmt	Yes	For	For
5	Elect Director Jennifer Li	Mgmt	Yes	For	For
6	Elect Director Graham Mackay	Mgmt	Yes	For	For
7	Elect Director Sergio Marchionne	Mgmt	Yes	For	For

Page 27 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

8	Elect Director Lucio A. Noto	Mgmt	Yes	For	For
9	Elect Director Carlos Slim Helu	Mgmt	Yes	For	For
10	Elect Director Stephen M. Wolf	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For
12	Report on Effect of Marketing Practices on the Poor	SH	Yes	Against	Against
13	Establish Supplier Human Rights Purchasing Protocols	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	263,300	263,300
		Totals:	263,300	263,300

Wynn Resorts, Limited	Meeting Date
	12-May-10
Ticker: WYNN

CUSIP: 983134107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Stephen A. Wynn	Mgmt	Yes	For	For
1.2	Elect Director Ray R. Irani	Mgmt	Yes	For	For
1.3	Elect Director Alvin V. Shoemaker	Mgmt	Yes	For	For
1.4	Elect Director D. Boone Wayson	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	281,800	281,800
		Totals:	281,800	281,800

Starwood Hotels & Resorts Worldwide, Inc.	Meeting Date
	13-May-10
Ticker: HOT

CUSIP: 85590A401

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Adam M. Aron	Mgmt	Yes	For	For
1.2	Elect Director Charlene Barshefsky	Mgmt	Yes	For	For
1.3	Elect Director Thomas E. Clarke	Mgmt	Yes	For	For
1.4	Elect Director Clayton C. Daley, Jr.	Mgmt	Yes	For	For
1.5	Elect Director Bruce W. Duncan	Mgmt	Yes	For	For

Page 28 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

1.6	Elect Director Lizanne Galbreath	Mgmt	Yes	For	For
1.7	Elect Director Eric Hippeau	Mgmt	Yes	For	For
1.8	Elect Director Stephen R. Quazzo	Mgmt	Yes	For	For
1.9	Elect Director Thomas O. Ryder	Mgmt	Yes	For	For
1.10	Elect Director Frits van Paasschen	Mgmt	Yes	For	For
1.11	Elect Director Kneeland C. Youngblood	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Executive Incentive Bonus Plan	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	194,600	194,600
		Totals:	194,600	194,600

Vertex Pharmaceuticals Incorporated	Meeting Date
	13-May-10
Ticker: VRTX

CUSIP: 92532F100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Joshua Boger	Mgmt	Yes	For	For
1.2	Elect Director Charles A. Sanders	Mgmt	Yes	For	For
1.3	Elect Director Elaine S. Ullian	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	125,300	125,300
		Totals:	125,300	125,300

Transocean Ltd.	Meeting Date
	14-May-10
Ticker: RIG

CUSIP: H8817H100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Discharge of Board and Senior Management	Mgmt	Yes	For	For
3	Approve Allocation of Income and Omission of Dividends	Mgmt	Yes	For	For

Page 29 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

4	Change Location of Registered Office to Steinhausen, Switzerland	Mgmt	Yes	For	For
5	Approve Creation of CHF 2.5 Billion Pool of Capital without Preemptive Rights	Mgmt	Yes	For	For
6	Approve Reduction in Share Capita and Repayment of $3.11 per Sharel	Mgmt	Yes	For	For
7	Amend Articles Re: Share Certificates due to New Swiss Federal Act on Intermediated Securities	Mgmt	Yes	For	For
8a	Elect Steven Newman as Director	Mgmt	Yes	For	For
8b	Reelect Thomas Carson as Director	Mgmt	Yes	For	For
8c	Reelect Robert Sprague as Director	Mgmt	Yes	For	For
8d	Reelect J. Michael Talbert as Director	Mgmt	Yes	For	For
8e	Reelect John Whitmire as Director	Mgmt	Yes	For	For
9	Appointment Of Ernst & Young LLP as Independent Registered Public Accounting Firm for Fiscal Year 2010	Mgmt	Yes	For	For
10	Transact Other Business (Voting)	Mgmt	Yes	For	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	72,600	72,600
		Totals:	72,600	72,600

Anadarko Petroleum Corporation	Meeting Date
	18-May-10
Ticker: APC

CUSIP: 032511107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director H. Paulett Eberhart	Mgmt	Yes	For	For
2	Elect Director Preston M. Geren III	Mgmt	Yes	For	For
3	Elect Director James T. Hackett	Mgmt	Yes	For	For
4	Ratify Auditors	Mgmt	Yes	For	For
5	Amend EEO Policy to Prohibit Discrimination based on Sexual Orientation and Gender Identity	SH	Yes	Against	Against
6	Reimburse Expenses Incurred by Stockholder in Contested Election of Directors	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	79,800	79,800
		Totals:	79,800	79,800

Page 30 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Industrial and Commercial Bank of China Limited	Meeting Date
	18-May-10
Ticker: N/A

CUSIP: Y3990B112

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Ordinary Business	Mgmt	No
1	Approve 2009 Work Report of the Board of Directors	Mgmt	Yes	For	For
2	Approve 2009 Work Report of the Board of Supervisors	Mgmt	Yes	For	For
3	Approve 2009 Audited Accounts	Mgmt	Yes	For	For
4	Approve 2009 Profit Distribution Plan	Mgmt	Yes	For	For
5	Reappoint Ernst and Young and Ernst and Young Hua Ming as Auditors and Fix the Total Audit Fees for 2010 at RMB 159.60 million	Mgmt	Yes	For	For
6	Approve Capital Management Plan for Years 2010 to 2012	Mgmt	Yes	For	For
	Extraordinary Business	Mgmt	No
7	Approve Issuance of H Shares and A Share Convertible Corporate Bonds (Convertible Bonds)	Mgmt	Yes	For	For
8a	Approve Type of Securities to be Issued in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8b	Approve Issue Size in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8c	Approve Nominal Value and Issue Price in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8d	Approve Term in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8e	Approve Interest Rate in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8f	Approve Timing and Method of Interest Payment in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8g	Approve Conversion Period in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8h	Approve Method for Determining the Number of Shares for Conversion in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8i	Approve Determination and Adjustment of CB Conversion Price in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8j	Approve Downward Adjustment to CB Conversion Price in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8k	Approve Terms of Redemption in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8l	Approve Terms of Sale Back in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8m	Approve Dividend Rights of the Year of Conversion in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8n	Approve Method of Issuance and Target Investors in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8o	Approve Subscription Arrangement for the Existing Holders of A Shares in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8p	Approve CB Holders and CB Holders’ Meetings in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For

Page 31 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

8q	Approve Use of Proceeds in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8r	Approve Special Provisions in Relation to Supplementary Capital in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8s	Approve Security in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8t	Approve Validity Period of the Resolution in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
8u	Approve Matters Relating to Authorisation in Relation to the Issuance of the Convertible Bonds	Mgmt	Yes	For	For
	Ordinary Business	Mgmt	No
9	Approve Feasibility Analysis Report on the Use of Proceeds of the Public Issuance of A Share Convertible Corporate Bonds	Mgmt	Yes	For	For
10	Approve Utilization Report on the Bank’s Use of Proceeds from the Previous Issuance of Securities by the Bank	Mgmt	Yes	For	For
11	Approve the Revised Plan on Authorisation of the Shareholders’ General Meeting to the Board of Directors as Set Out in Appendix 1 to the Supplemental Circular of the Bank Dated 4 May 2010	SH	Yes	None	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	42,126,700	42,126,700
		Totals:	42,126,700	42,126,700

Li & Fung Limited	Meeting Date
	18-May-10
Ticker: N/A

CUSIP: G5485F144

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Declare Final Dividend of HK$0.49 Per Share	Mgmt	Yes	For	For
3a	Reelect Victor Fung Kwok King as Director	Mgmt	Yes	For	For
3b	Reelect Bruce Philip Rockowitz as Director	Mgmt	Yes	For	For
3c	Reelect Paul Edward Selway-Swift as Director	Mgmt	Yes	For	For
4	Reappoint PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
5	Approve Increase in Authorized Share Capital from HK$100 Million to HK$150 Million by the Creation of 2 Billion New Shares	Mgmt	Yes	For	For
6	Authorize Repurchase of Up to 10 Percent of Issued Share Capital	Mgmt	Yes	For	For
7	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	Mgmt	Yes	For	For
8	Authorize Reissuance of Repurchased Shares	Mgmt	Yes	For	For
9	Approve Refreshment of Scheme Mandate Limit Under Share Option Scheme	Mgmt	Yes	For	For

Page 32 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	3,022,200	3,022,200
		Totals:	3,022,200	3,022,200

Halliburton Company	Meeting Date
	19-May-10
Ticker: HAL

CUSIP: 406216101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director A.M. Bennett	Mgmt	Yes	For	For
2	Elect Director J.R. Boyd	Mgmt	Yes	For	For
3	Elect Director M. Carroll	Mgmt	Yes	For	For
4	Elect Director N.K. Dicciani	Mgmt	Yes	For	For
5	Elect Director S.M. Gillis	Mgmt	Yes	For	For
6	Elect Director J.T. Hackett	Mgmt	Yes	For	For
7	Elect Director D.J. Lesar	Mgmt	Yes	For	For
8	Elect Director R.A. Malone	Mgmt	Yes	For	For
9	Elect Director J.L. Martin	Mgmt	Yes	For	For
10	Elect Director D.L. Reed	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For
12	Review and Assess Human Rights Policies	SH	Yes	Against	Against
13	Report on Political Contributions	SH	Yes	Against	Against
14	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
15	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	268,400	268,400
		Totals:	268,400	268,400

Intel Corporation	Meeting Date
	19-May-10
Ticker: INTC

CUSIP: 458140100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Charlene Barshefsky	Mgmt	Yes	For	For

Page 33 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

2	Elect Director Susan L. Decker	Mgmt	Yes	For	For
3	Elect Director John J. Donahoe	Mgmt	Yes	For	For
4	Elect Director Reed E. Hundt	Mgmt	Yes	For	For
5	Elect Director Paul S. Otellini	Mgmt	Yes	For	For
6	Elect Director James D. Plummer	Mgmt	Yes	For	For
7	Elect Director David S. Pottruck	Mgmt	Yes	For	For
8	Elect Director Jane E. Shaw	Mgmt	Yes	For	For
9	Elect Director Frank D. Yeary	Mgmt	Yes	For	For
10	Elect Director David B. Yoffie	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For
12	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	272,600	272,600
		Totals:	272,600	272,600

Boc Hong Kong (Holdings) Ltd.	Meeting Date
	20-May-10
Ticker: N/A

CUSIP: Y0920U103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Dividends of HK$0.57 Per Share for the year ended Dec. 31, 2009	Mgmt	Yes	For	For
3a	Reelect Li Lihui as Director	Mgmt	Yes	For	For
3b	Reelect Zhang Yanling as Director	Mgmt	Yes	For	For
3c	Reelect Gao Yingxin as Director	Mgmt	Yes	For	For
3d	Reelect Tung Chee Chen Director	Mgmt	Yes	For	For
4	Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
5	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	Mgmt	Yes	For	For
6	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	Mgmt	Yes	For	For
7	Authorize Reissuance of Repurchased Shares	Mgmt	Yes	For	For

Page 34 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	1,612,500	1,612,500
		Totals:	1,612,500	1,612,500

CNOOC Ltd.	Meeting Date
	20-May-10
Ticker: N/A

CUSIP: Y1662W117

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1a	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
1b	Approve Final Dividend	Mgmt	Yes	For	For
1c1	Reelect Tse Hau Yin, Aloysius as Independent Non-Executive Director	Mgmt	Yes	For	For
1c2	Reelect Zhou Shouwei as Non-Executive Director	Mgmt	Yes	For	For
1c3	Reelect Yang Hua as Executive Director	Mgmt	Yes	For	For
1c4	Authorize Board Of Directors to Fix Remuneration of Directors	Mgmt	Yes	For	For
1d	Reelect Chiu Sung Hong as Independent Non-Executive Director and Authorize Board to Fix His Remuneration	Mgmt	Yes	For	For
1e	Re-appoint Auditors and Authorise The Board to Fix Remuneration	Mgmt	Yes	For	For
2a	Authorize Repurchase of Up to 10 Percent of Issued Share Capital	Mgmt	Yes	For	For
2b	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	Mgmt	Yes	For	For
2c	Authorize Reissuance of Repurchased Shares	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	7,210,000	7,210,000
		Totals:	7,210,000	7,210,000

Banco Santander Brasil SA	Meeting Date
	21-May-10
Ticker: N/A

CUSIP: P1505Z137

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Alter Dividend Payment Date	Mgmt	Yes	For	For
2	Amend Article 31	Mgmt	Yes	For	For

Page 35 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	876,100	876,100
		Totals:	876,100	876,100

Hengan International Group Co. Ltd.	Meeting Date
	24-May-10
Ticker: N/A

CUSIP: G4402L128

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Declare Final Dividend	Mgmt	Yes	For	For
3a	Reelect Sze Man Bok as Director	Mgmt	Yes	For	For
3b	Reelect Hung Ching Shan as Director	Mgmt	Yes	For	For
3c	Reelect Loo Hong Shing Vincent as Director	Mgmt	Yes	For	For
3d	Reelect Wang Ming Fu as Director	Mgmt	Yes	For	For
3e	Authorize Board to Fix Remuneration of Directors	Mgmt	Yes	For	For
4	Reappoint Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
5	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	Mgmt	Yes	For	For
6	Authorize Repurchase of Up to 10 Percent of Issued Share Capital	Mgmt	Yes	For	For
7	Authorize Reissuance of Repurchased Shares	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	1,156,000	1,156,000
		Totals:	1,156,000	1,156,000

Amazon.com, Inc.	Meeting Date
	25-May-10
Ticker: AMZN

CUSIP: 023135106

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Jeffrey P. Bezos	Mgmt	Yes	For	For
2	Elect Director Tom A. Alberg	Mgmt	Yes	For	For
3	Elect Director John Seely Brown	Mgmt	Yes	For	For
4	Elect Director William B. Gordon	Mgmt	Yes	For	For
5	Elect Director Alain Monie	Mgmt	Yes	For	For

Page 36 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

6	Elect Director Thomas O. Ryder	Mgmt	Yes	For	For
7	Elect Director Patricia Q. Stonesifer	Mgmt	Yes	For	For
8	Ratify Auditors	Mgmt	Yes	For	For
9	Report on Political Contributions	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	9,300	9,300
		Totals:	9,300	9,300

China Telecom Corporation Ltd	Meeting Date
	25-May-10
Ticker: N/A

CUSIP: Y1505D102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Profit Distribution Proposal and Final Dividend for the Year Ended December 31, 2009	Mgmt	Yes	For	For
3	Reappoint KPMG and KPMG Huazhen as International and Domestic Auditors, Respectively, and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
4a	Approve Issuance of Debentures	Mgmt	Yes	For	For
4b	Authorize Board to Determine Specific Terms, Conditions and Other Matters of the Debentures	Mgmt	Yes	For	For
5a	Approve Issuance of Bonds in One or More Tranches Not Exceeding RMB 30 Billion	Mgmt	Yes	For	For
5b	Authorize Board to Determine Specific Terms, Conditions and Other Matters of the Company Bonds	Mgmt	Yes	For	For
6	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	Mgmt	Yes	For	For
7	Authorize Board to Increase the Registered Capital of the Company and Amend the Articles of Association to Reflect Such Increase	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	2,348,000	2,348,000
		Totals:	2,348,000	2,348,000

Page 37 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Annaly Capital Management Inc.	Meeting Date
	27-May-10
Ticker: NLY

CUSIP: 035710409

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Kevin P. Brady	Mgmt	Yes	For	For
1.2	Elect Director E. Wayne Nordberg	Mgmt	Yes	For	For
2	Approve Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Sent	1,122,868	1,122,868
		Totals:	1,122,868	1,122,868

China Resources Land Ltd. (frmrly. China Resources Beijing L	Meeting Date
	01-Jun-10
Ticker: N/A

CUSIP: G2108Y105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Final Dividend	Mgmt	Yes	For	For
3a	Reelect Wu Xiangdong as Director	Mgmt	Yes	For	For
3b	Reelect Jiang Wei as Director	Mgmt	Yes	For	Against
3c	Reelect Li Fuzuo as Director	Mgmt	Yes	For	For
3d	Reelect Du Wenmin as Director	Mgmt	Yes	For	For
3e	Reelect Wang Shi as Director	Mgmt	Yes	For	Against
3f	Reelect Ma Si Hang Frederick as Director	Mgmt	Yes	For	For
3g	Authorize the Board to Fix Remuneration of Directors	Mgmt	Yes	For	For
4	Reappoint Auditors and Authorize the Board to Fix Their Remuneration	Mgmt	Yes	For	For
5	Authorize Repurchase of Up to 10 Percent of Issued Share Capital	Mgmt	Yes	For	For
6	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	Mgmt	Yes	For	For
7	Authorize Reissuance of Repurchased Shares	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	4,332,000	4,332,000
		Totals:	4,332,000	4,332,000

Page 38 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Cognizant Technology Solutions Corporation	Meeting Date
	01-Jun-10
Ticker: CTSH

CUSIP: 192446102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director John E. Klein	Mgmt	Yes	For	For
2	Elect Director Lakshmi Narayanan	Mgmt	Yes	For	For
3	Elect Director Maureen Breakiron-Evans	Mgmt	Yes	For	For
4	Amend Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For
5	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	216,700	216,700
		Totals:	216,700	216,700

First Solar, Inc.	Meeting Date
	01-Jun-10
Ticker: FSLR

CUSIP: 336433107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Michael J. Ahearn	Mgmt	Yes	For	For
1.2	Elect Director Robert J. Gillette	Mgmt	Yes	For	For
1.3	Elect Director Craig Kennedy	Mgmt	Yes	For	For
1.4	Elect Director James F. Nolan	Mgmt	Yes	For	For
1.5	Elect Director William J. Post	Mgmt	Yes	For	For
1.6	Elect Director J. Thomas Presby	Mgmt	Yes	For	For
1.7	Elect Director Paul H. Stebbins	Mgmt	Yes	For	For
1.8	Elect Director Michael Sweeney	Mgmt	Yes	For	For
1.9	Elect Director Jose H. Villarreal	Mgmt	Yes	For	For
2	Approve Omnibus Stock Plan	Mgmt	Yes	For	Against
3	Approve Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For
4	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Sent	20,100	20,100
		Totals:	20,100	20,100

Page 39 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

China Life Insurance Co. Limited	Meeting Date
	04-Jun-10
Ticker: N/A

CUSIP: Y1477R204

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve Report of the Board of Directors	Mgmt	Yes	For	For
2	Approve Report of the Supervisory Committee	Mgmt	Yes	For	For
3	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
4	Approve Profit Distribution and Cash Dividend Distribution Plan for 2009	Mgmt	Yes	For	For
5	Reappoint PricewaterhouseCoopers Zhong Tian Certified Public Accountants Limited Company and PricewaterhouseCoopers as PRC and International Auditors, Respectively, and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
6	Elect Anthony Francis Neoh as Independent Non-Executive Director	Mgmt	Yes	For	For
7	Approve Renewal of Liability Insurance for Directors and Senior Management Officers	Mgmt	Yes	For	Against
8	Amend Articles of Association	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	6,509,100	6,509,100
		Totals:	6,509,100	6,509,100

Prudential plc	Meeting Date
	07-Jun-10
Ticker: N/A

CUSIP: G72899100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Remuneration Report	Mgmt	Yes	For	For
3	Re-elect Michael Garrett as Director	Mgmt	Yes	For	Against
4	Re-elect Bridget Macaskill as Director	Mgmt	Yes	For	For
5	Re-elect Clark Manning as Director	Mgmt	Yes	For	For
6	Re-elect Barry Stowe as Director	Mgmt	Yes	For	For
7	Elect Nic Nicandrou as Director	Mgmt	Yes	For	For
8	Elect Rob Devey as Director	Mgmt	Yes	For	For
9	Reappoint KPMG Audit plc as Auditors	Mgmt	Yes	For	For
10	Authorise Board to Fix Remuneration of Auditors	Mgmt	Yes	For	For
11	Approve Final Dividend	Mgmt	Yes	For	For
12	Authorise EU Political Donations and Expenditure	Mgmt	Yes	For	For
13	Authorise Issue of Equity with Pre-emptive Rights	Mgmt	Yes	For	Against
14	Authorise Issue of Equity with Pre-emptive Rights	Mgmt	Yes	For	Against
15	Authorise Issue of Equity without Pre-emptive Rights	Mgmt	Yes	For	For

Page 40 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

16	Authorise Market Purchase	Mgmt	Yes	For	For
17	Authorise the Company to Call EGM with Two Weeks’ Notice	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	286,051	286,051
		Totals:	286,051	286,051

Prudential plc	Meeting Date
	07-Jun-10
Ticker: N/A

CUSIP: G72899100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Establish Prudential Group plc as the New Ultimate Holding Company of the Prudential Group	Mgmt	Yes	For	For
2	Authorise Issue of Equity with Pre-emptive Rights	Mgmt	Yes	For	Against
3	Approve Performance Share Plan, Business Unit Performance Plans and M&G Executive Long Term Incentive Plan 2010	Mgmt	Yes	For	For
4	Approve UK Savings-Related Share Option Scheme, Irish SAYE Scheme, International Employees SAYE Scheme, International (Non-Employees) SAYE Scheme, Share Incentive Plan, Europe Share Participation Plan, Share Option Plan and Momentum Retention Plan	Mgmt	Yes	For	For
5	Authorise Establishment of Additional Employee Share Schemes for the Benefit of Overseas Employees	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	286,051	286,051
		Totals:	286,051	286,051

Prudential plc	Meeting Date
	07-Jun-10
Ticker: N/A

CUSIP: G72899100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Court Meeting	Mgmt	No
1	Approve Scheme of Arrangement	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	286,051	286,051
		Totals:	286,051	286,051

Page 41 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

China Overseas Land & Investment Ltd.	Meeting Date
	09-Jun-10
Ticker: N/A

CUSIP: Y15004107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2a	Reelect Kong Quingping as Director	Mgmt	Yes	For	For
2b	Reelect Xiao Xiao as Director	Mgmt	Yes	For	For
2c	Reelect Dong Daping as Director	Mgmt	Yes	For	For
2d	Reelect Nip Yun Wing as Director	Mgmt	Yes	For	For
2e	Reelect Lin Xiaofeng as Director	Mgmt	Yes	For	Against
2f	Reelect Lam Kwong Siu as Director	Mgmt	Yes	For	For
2g	Reelect Wong Ying Ho, Kennedy as Director	Mgmt	Yes	For	For
3	Authorize the Board to Fix Remuneration of Directors	Mgmt	Yes	For	For
4	Approve Final Dividend of HK$0.13 Per Share	Mgmt	Yes	For	For
5	Reappoint Deloitte Touche Tohmatsu as Auditors and Authorize the Board to Fix Their Remuneration	Mgmt	Yes	For	For
6	Authorize Repurchase of Up to 10 Percent of Issued Share Capital	Mgmt	Yes	For	For
7	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	Mgmt	Yes	For	For
8	Authorize Reissuance of Repurchased Shares	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	3,742,000	3,742,000
		Totals:	3,742,000	3,742,000

China Overseas Land & Investment Ltd.	Meeting Date
	09-Jun-10
Ticker: N/A

CUSIP: Y15004107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve Connected Transaction with a Related Party and New Caps	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	3,742,000	3,742,000
		Totals:	3,742,000	3,742,000

Page 42 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Freeport-McMoRan Copper & Gold Inc.	Meeting Date
	09-Jun-10
Ticker: FCX

CUSIP: 35671D857

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Richard C. Adkerson	Mgmt	Yes	For	For
1.2	Elect Director Robert J. Allison, Jr.	Mgmt	Yes	For	For
1.3	Elect Director Robert A. Day	Mgmt	Yes	For	For
1.4	Elect Director Gerald J. Ford	Mgmt	Yes	For	For
1.5	Elect Director H. Devon Graham, Jr.	Mgmt	Yes	For	For
1.6	Elect Director Charles C. Krulak	Mgmt	Yes	For	For
1.7	Elect Director Bobby Lee Lackey	Mgmt	Yes	For	For
1.8	Elect Director Jon C. Madonna	Mgmt	Yes	For	For
1.9	Elect Director Dustan E. McCoy	Mgmt	Yes	For	For
1.10	Elect Director James R. Moffett	Mgmt	Yes	For	For
1.11	Elect Director B.M. Rankin, Jr.	Mgmt	Yes	For	For
1.12	Elect Director Stephen H. Siegele	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
4	Request Director Nominee with Environmental Qualifications	SH	Yes	Against	Against
5	Stock Retention/Holding Period	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Sent	123,200	123,200
		Totals:	123,200	123,200

Wynn Macau Ltd.	Meeting Date
	10-Jun-10
Ticker: N/A

CUSIP: G98149100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2a	Reelect Ian Michael Coughlan as Executive Director	Mgmt	Yes	For	For
2b	Reelect Marc D. Schorr as Non-Executive Director	Mgmt	Yes	For	For
2c	Reelect Jeffrey Kin-fung Lam as Independent Non-Executive Director	Mgmt	Yes	For	For
2d	Authorize Board to Fix Remuneration of Directors	Mgmt	Yes	For	For

Page 43 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

3	Reappoint Ernst & Young as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
4	Authorize Repurchase of Up to 10 Percent of Issued Share Capital	Mgmt	Yes	For	For
5	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	Mgmt	Yes	For	For
6	Authorize Reissuance of Repurchased Shares	Mgmt	Yes	For	For
7	Approve Refreshment of Mandate Limit Under Share Option Scheme	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	5,651,600	5,651,600
		Totals:	5,651,600	5,651,600

Infosys Technologies Ltd	Meeting Date
	12-Jun-10
Ticker: N/A

CUSIP: Y4082C133

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Meeting for GDR Holders	Mgmt	No
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Final Dividend of INR 15 Per Share	Mgmt	Yes	For	For
3	Reappoint N.R.N. Murthy as Director	Mgmt	Yes	For	For
4	Reappoint M.G. Subrahmanyam as Director	Mgmt	Yes	For	For
5	Reappoint S. Gopalakrishnan as Director	Mgmt	Yes	For	For
6	Reappoint S.D. Shibulal as Director	Mgmt	Yes	For	For
7	Reappoint T.V.M. Pai as Director	Mgmt	Yes	For	For
8	Approve B.S.R. & Co. as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
9	Approve Reappointment and Remuneration of T.V M. Pai as Executive Director	Mgmt	Yes	For	For
10	Approve Reappointment and Remuneration of S. Batni as Executive Director	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	115980.1	Confirmed	118,100	118,100
		Totals:	118,100	118,100

Page 44 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

MediaTek Inc.	Meeting Date
	15-Jun-10
Ticker: N/A

CUSIP: Y5945U103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve 2009 Business Operations Report and Financial Statements	Mgmt	Yes	For	For
2	Approve 2009 Allocation of Income and Dividends	Mgmt	Yes	For	For
3	Approve Capitalization of 2009 Dividends and Employee Profit Sharing	Mgmt	Yes	For	For
4	Amend Articles of Association	Mgmt	Yes	For	For
5	Approve to Amend Rules and Procedures Regarding Shareholder’s General Meeting	Mgmt	Yes	For	For
6	Transact Other Business	Mgmt	No

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	1,877,362	1,877,362
		Totals:	1,877,362	1,877,362

Taiwan Semiconductor Manufacturing Co., Ltd.	Meeting Date
	15-Jun-10
Ticker: N/A

CUSIP: Y84629107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve 2009 Business Operations Report and Financial Statements	Mgmt	Yes	For	For
2	Approve 2009 Allocation of Income and Dividends	Mgmt	Yes	For	For
3	Amend Articles of Association	Mgmt	Yes	For	For
4	Amend Operating Procedures for Derivatives Transactions	Mgmt	Yes	For	For
5	Transact Other Business	Mgmt	No

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	14,988,156	14,988,156
		Totals:	14,988,156	14,988,156

REDECARD SA	Meeting Date
	16-Jun-10
Ticker: N/A

CUSIP: P79941103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Directors	Mgmt	Yes	For	For

Page 45 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	746,300	746,300
		Totals:	746,300	746,300

China Shenhua Energy Co., Ltd.	Meeting Date
	18-Jun-10
Ticker: N/A

CUSIP: Y1504C113

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Report of the Board of Directors	Mgmt	Yes	For	For
2	Accept Report of the Board of Supervisors	Mgmt	Yes	For	For
3	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
4	Approve Profit Distribution Plan and Final Dividend of RMB 0.53 Per Share	Mgmt	Yes	For	For
5	Approve Remuneration of Directors and Supervisors	Mgmt	Yes	For	For
6	Reappoint KPMG Huazhen and KPMG as PRC and International Auditors, Respectively, and Authorize the Board to Fix Their Remuneration	Mgmt	Yes	For	For
7	Approve Revised Annual Cap of the Continuing Connected Transactions under the Transportation Service Framework Agreement with Taiyuan Railway Bureau	Mgmt	Yes	For	For
8	Approve Revised Annual Cap of the Continuing Connected Transactions under the Mutual Coal Supply Agreement with Shenhua Group Corporation Limited	Mgmt	Yes	For	For
9	Approve Mutual Coal Supply Agreement with Shenhua Group Corporation Limited and Annual Caps	Mgmt	Yes	For	For
10	Approve Mutual Supplies and Services Agreement with Shenhua Group Corporation Limited and Annual Caps	Mgmt	Yes	For	For
11	Approve Coal Supply Framework Agreement with China Datang Corporation and Annual Caps	Mgmt	Yes	For	For
12	Approve Coal Supply Framework Agreement with Tianjin Jinneng Investment Company and Annual Caps	Mgmt	Yes	For	For
13	Approve Coal Supply Framework Agreement with Jiangsu Guoxin Asset Management Group Company Limited and Annual Caps	Mgmt	Yes	For	For
14	Approve Transportation Service Framework Agreement with Taiyuan Railway Bureau and Annual Caps	Mgmt	Yes	For	For
15	Approve Coal Supply Framework Agreement with Shaanxi Province Coal Transportation and Sales (Group) Co Ltd and Annual Caps	Mgmt	Yes	For	For
16a	Reelect Zhang Xiwu as Executive Director	Mgmt	Yes	For	For
16b	Reelect Zhang Yuzhuo as Executive Director	Mgmt	Yes	For	For
16c	Reelect Ling Wen as Executive Director	Mgmt	Yes	For	For
16d	Reelect Han Jianguo as Non-Executive Director	Mgmt	Yes	For	For
16e	Reelect Liu Benrun as Non-Executive Director	Mgmt	Yes	For	For

Page 46 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

16f	Reelect Xie Songlin as Non-Executive Director	Mgmt	Yes	For	For
16g	Reelect Gong Huazhang as Independent Non-Executive Director	Mgmt	Yes	For	For
16h	Reelect Guo Peizhang as Independent Non-Executive Director	Mgmt	Yes	For	For
16i	Reelect Fan Hsu Lai Tai as Independent Non-Executive Director	Mgmt	Yes	For	For
17a	Elect Sun Wenjian as Shareholders’ Representative Supervisor	Mgmt	Yes	For	For
17b	Elect Tang Ning as Shareholders’ Representative Supervisor	Mgmt	Yes	For	For
18	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	Mgmt	Yes	For	For
19	Authorize Repurchase of Up to 10 Percent of Issued Share Capital	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	2,806,500	2,806,500
		Totals:	2,806,500	2,806,500

China Shenhua Energy Co., Ltd.	Meeting Date
	18-Jun-10
Ticker: N/A

CUSIP: Y1504C113

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Class Meeting for H Shareholders	Mgmt	No
	Special Business	Mgmt	No
1	Authorize Repurchase of Up to 10 Percent of Issued Share Capital	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	2,806,500	2,806,500
		Totals:	2,806,500	2,806,500

Sands China Ltd.	Meeting Date
	19-Jun-10
Ticker: N/A

CUSIP: G7800X107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2a	Reelect Sheldon Gary Adelson as Non-Executive Director	Mgmt	Yes	For	For
2b	Reelect Steven Craig as Executive Director	Mgmt	Yes	For	For
2c	Authorize Board to Fix the Remuneration of Directors	Mgmt	Yes	For	For

Page 47 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

3	Reappoint PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
4	Authorize Repurchase of Up to 10 Percent of Issued Share Capital	Mgmt	Yes	For	For
5	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	Mgmt	Yes	For	For
6	Authorize Reissuance of Repurchased Shares	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	23,595,226	23,595,226
		Totals:	23,595,226	23,595,226

ICICI Bank Limited	Meeting Date
	21-Jun-10
Ticker: N/A

CUSIP: Y38575109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve Scheme of Amalgamation of The Bank of Rajasthan Ltd. with ICICI Bank Ltd.	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	668,410	668,410
		Totals:	668,410	668,410

Komatsu Ltd.	Meeting Date
	23-Jun-10
Ticker: 6301

CUSIP: J35759125

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve Allocation of Income, with a Final Dividend of JPY 8	Mgmt	Yes	For	For
2.1	Elect Director Masahiro Sakane	Mgmt	Yes	For	For
2.2	Elect Director Kunio Noji	Mgmt	Yes	For	For
2.3	Elect Director Yoshinori Komamura	Mgmt	Yes	For	For
2.4	Elect Director Yasuo Suzuki	Mgmt	Yes	For	For
2.5	Elect Director Kenji Kinoshita	Mgmt	Yes	For	For
2.6	Elect Director Masao Fuchigami	Mgmt	Yes	For	For
2.7	Elect Director Tetsuji Ohhashi	Mgmt	Yes	For	For
2.8	Elect Director Kensuke Hotta	Mgmt	Yes	For	For
2.9	Elect Director Noriaki Kanou	Mgmt	Yes	For	For

Page 48 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

2.10	Elect Director Kouichi Ikeda	Mgmt	Yes	For	For
3	Appoint Statutory Auditor Makoto Okitsu	Mgmt	Yes	For	For
4	Approve Annual Bonus Payment to Directors	Mgmt	Yes	For	For
5	Approve Deep Discount Stock Option Plan for Directors	Mgmt	Yes	For	Against
6	Approve Deep Discount Stock Option Plan	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	1,103,600	1,103,600
		Totals:	1,103,600	1,103,600

Renhe Commercial Holdings Company Ltd.	Meeting Date
	23-Jun-10
Ticker: N/A

CUSIP: G75004104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports (Voting)	Mgmt	Yes	For	For
2	Approve Dividends	Mgmt	Yes	For	For
3a	Reelect Dai Yongge as Director	Mgmt	Yes	For	Against
3b	Reelect Lin Zijing as Director	Mgmt	Yes	For	For
3c	Reelect Jiang Mei as Director	Mgmt	Yes	For	Against
3d	Reelect Zhang Xingmei as Director	Mgmt	Yes	For	Against
3e	Reelect Ho Gilbert Chi Hang as Director	Mgmt	Yes	For	For
3f	Reelect Wang Shengli as Director	Mgmt	Yes	For	For
4	Approve Remuneration of Directors	Mgmt	Yes	For	For
5	Reappoint KPMG as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
6	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	Mgmt	Yes	For	For
7	Authorize Share Repurchase Program	Mgmt	Yes	For	For
8	Authorize Reissuance of Repurchased Shares	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	40,686,000	40,686,000
		Totals:	40,686,000	40,686,000

Page 49 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

Mitsubishi Corp.	Meeting Date
	24-Jun-10
Ticker: 8058

CUSIP: J43830116

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve Allocation of Income, with a Final Dividend of JPY 21	Mgmt	Yes	For	For
2.1	Elect Director Yorihiko Kojima	Mgmt	Yes	For	For
2.2	Elect Director Ken Kobayashi	Mgmt	Yes	For	For
2.3	Elect Director Ryouichi Ueda	Mgmt	Yes	For	For
2.4	Elect Director Masahide Yano	Mgmt	Yes	For	For
2.5	Elect Director Hideyuki Nabeshima	Mgmt	Yes	For	For
2.6	Elect Director Hideto Nakahara	Mgmt	Yes	For	For
2.7	Elect Director Tsuneo Iyobe	Mgmt	Yes	For	For
2.8	Elect Director Kiyoshi Fujimura	Mgmt	Yes	For	For
2.9	Elect Director Yasuo Nagai	Mgmt	Yes	For	For
2.10	Elect Director Mikio Sasaki	Mgmt	Yes	For	For
2.11	Elect Director Tamotsu Nomakuchi	Mgmt	Yes	For	Against
2.12	Elect Director Kunio Itou	Mgmt	Yes	For	For
2.13	Elect Director Kazuo Tsukuda	Mgmt	Yes	For	Against
2.14	Elect Director Ryouzou Katou	Mgmt	Yes	For	For
2.15	Elect Director Hidehiro konno	Mgmt	Yes	For	For
3	Appoint Statutory Auditor Yukio Ueno	Mgmt	Yes	For	For
4	Approve Annual Bonus Payment to Directors	Mgmt	Yes	For	For
5	Set Amounts for Retirement Bonus Reserve Funds for Directors	Mgmt	Yes	For	For
6	Approve Deep Discount Stock Option Plan and Adjustment to Aggregate Compensation Ceiling for Directors	Mgmt	Yes	For	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	654,300	654,300
		Totals:	654,300	654,300

ICICI Bank Limited	Meeting Date
	28-Jun-10
Ticker: N/A

CUSIP: Y38575109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Dividend on Preference Shares of INR 100 Per Share	Mgmt	Yes	For	For
3	Approve Dividend on Equity Share of INR 12 Per Share	Mgmt	Yes	For	For
4	Reappoint K.V. Kamath as Director	Mgmt	Yes	For	For
5	Reappoint S. Iyengar as Director	Mgmt	Yes	For	For

Page 50 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

6	Approve S.R. Batliboi & Co. as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
7	Appoint Branch Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
8	Appoint H. Khusrokhan as Director	Mgmt	Yes	For	For
9	Appoint V. Sridar as Director	Mgmt	Yes	For	For
10	Appoint T. Shah as Director	Mgmt	Yes	For	For
11	Approve Vacancy on the Board Resulting from the Retirement of N. Murkumbi as Director	Mgmt	Yes	For	For
12	Approve Revision in House Rent Allowance of C.D. Kochhar, Managing Director and CEO	Mgmt	Yes	For	For
13	Approve Revision in House Rent Allowance of S. Bakhshi, Deputy Managing Director	Mgmt	Yes	For	For
14	Approve Revision in House Rent Allowance of N.S. Kannan, Executive Director and CFO	Mgmt	Yes	For	For
15	Approve Revision in House Rent Allowance of K. Ramkumar, Executive Director	Mgmt	Yes	For	For
16	Approve Revision in House Rent Allowance of S. Chatterjee, Executive Director	Mgmt	Yes	For	For
17	Appoint R. Sabharwal as Director	Mgmt	Yes	For	For
18	Approve Appointment and Remuneration of R. Sabharwal as Executive Director	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	668,410	668,410
		Totals:	668,410	668,410

HDFC Bank Limited	Meeting Date
	30-Jun-10
Ticker: N/A

CUSIP: Y3119P117

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Dividend of INR 12 Per Share	Mgmt	Yes	For	For
3	Reappoint C.M. Vasudev as Director	Mgmt	Yes	For	For
4	Reappoint P. Palande as Director	Mgmt	Yes	For	For
5	Approve BSR & Co. as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
6	Approve Reappointment and Remuneration of A. Puri as Managing Director	Mgmt	Yes	For	For
7	Approve Reappointment and Remuneration of H. Engineer as Executive Director	Mgmt	Yes	For	For
8	Approve Reappointment and Remuneration of P. Sukthankar as Executive Director	Mgmt	Yes	For	For

Page 51 of 52

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 90 Ivy Funds VIP Asset Strategy

9 Approve Employee Stock Option Plan Mgmt Yes For For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
90 Ivy Funds VIP Asset Strategy, 90	610592862	Confirmed	27,400	27,400
		Totals:	27,400	27,400

Page 52 of 52

IVY FUNDS VIP BALANCED

Proxy Voting Record

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

Microchip Technology Incorporated	Meeting Date
	14-Aug-09
Ticker: MCHP

CUSIP: 595017104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Steve Sanghi	Mgmt	Yes	For	For
1.2	Elect Director Albert J. Hugo-martinez	Mgmt	Yes	For	For
1.3	Elect Director L.b. Day	Mgmt	Yes	For	For
1.4	Elect Director Matthew W. Chapman	Mgmt	Yes	For	For
1.5	Elect Director Wade F. Meyercord	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	275,700	275,700
		Totals:	275,700	275,700

Nike, Inc.	Meeting Date
	21-Sep-09
Ticker: NKE

CUSIP: 654106103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Jill K. Conway	Mgmt	Yes	For	For
1.2	Elect Director Alan B. Graf, Jr.	Mgmt	Yes	For	For
1.3	Elect Director John C. Lechleiter	Mgmt	Yes	For	For
2	Amend Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	73,000	73,000
		Totals:	73,000	73,000

Page 1 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

Paychex, Inc.	Meeting Date
	13-Oct-09
Ticker: PAYX

CUSIP: 704326107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director B. Thomas Golisano	Mgmt	Yes	For	For
2	Elect Director David J.S. Flaschen	Mgmt	Yes	For	For
3	Elect Director Grant M. Inman	Mgmt	Yes	For	For
4	Elect Director Pamela A. Joseph	Mgmt	Yes	For	For
5	Elect Director Jonathan J. Judge	Mgmt	Yes	For	For
6	Elect Director Joseph M. Tucci	Mgmt	Yes	For	For
7	Elect Director Joseph M. Velli	Mgmt	Yes	For	For
8	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	46,100	46,100
		Totals:	46,100	46,100

Cisco Systems, Inc.	Meeting Date
	12-Nov-09
Ticker: CSCO

CUSIP: 17275R102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Carol A. Bartz	Mgmt	Yes	For	For
2	Elect Director M. Michele Burns	Mgmt	Yes	For	For
3	Elect Director Michael D. Capellas	Mgmt	Yes	For	For
4	Elect Director Larry R. Carter	Mgmt	Yes	For	For
5	Elect Director John T. Chambers	Mgmt	Yes	For	For
6	Elect Director Brian L. Halla	Mgmt	Yes	For	For
7	Elect Director John L. Hennessy	Mgmt	Yes	For	For
8	Elect Director Richard M. Kovacevich	Mgmt	Yes	For	For
9	Elect Director Roderick C. McGeary	Mgmt	Yes	For	For
10	Elect Director Michael K. Powell	Mgmt	Yes	For	For
11	Elect Director Arun Sarin	Mgmt	Yes	For	For
12	Elect Director Steven M. West	Mgmt	Yes	For	For
13	Elect Director Jerry Yang	Mgmt	Yes	For	For
14	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
15	Amend Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For
16	Ratify Auditors	Mgmt	Yes	For	For
17	Amend Bylaws to Establish a Board Committee on Human Rights	SH	Yes	Against	Against
18	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against

Page 2 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

19 Report on Internet Fragmentation SH Yes Against Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	423,400	423,400
		Totals:	423,400	423,400

The Estee Lauder Companies Inc.	Meeting Date
	13-Nov-09
Ticker: EL

CUSIP: 518439104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Rose Marie Bravo	Mgmt	Yes	For	For
1.2	Elect Director Paul J. Fribourg	Mgmt	Yes	For	For
1.3	Elect Director Mellody Hobson	Mgmt	Yes	For	For
1.4	Elect Director Irvine O. Hockaday, Jr.	Mgmt	Yes	For	For
1.5	Elect Director Barry S. Sternlicht	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	90,900	90,900
		Totals:	90,900	90,900

Microsoft Corporation	Meeting Date
	19-Nov-09
Ticker: MSFT

CUSIP: 594918104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director William H. Gates, III	Mgmt	Yes	For	For
2	Elect Director Steven A. Ballmer	Mgmt	Yes	For	For
3	Elect Director Dina Dublon	Mgmt	Yes	For	For
4	Elect Director Raymond V. Gilmartin	Mgmt	Yes	For	For
5	Elect Director Reed Hastings	Mgmt	Yes	For	For
6	Elect Director Maria Klawe	Mgmt	Yes	For	For
7	Elect Director David F. Marquardt	Mgmt	Yes	For	For
8	Elect Director Charles H. Noski	Mgmt	Yes	For	For
9	Elect Director Helmut Panke	Mgmt	Yes	For	For
10	Ratify Auditors	Mgmt	Yes	For	For

Page 3 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

11	Permit Right to Call Special Meeting	Mgmt	Yes	For	For
12	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For
13	Adopt Principles for Health Care Reform	SH	Yes	Against	Against
14	Report on Charitable Contributions	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	240,900	240,900
		Totals:	240,900	240,900

Berkshire Hathaway Inc.	Meeting Date
	20-Jan-10
Ticker: BRK.A

CUSIP: 084670108

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve Stock Split	Mgmt	Yes	For	For
2	Approve Split of Class B Stock Without Splitting Class A Stock	Mgmt	Yes	For	For
3	Adjust Par Value of Common Stock	Mgmt	Yes	For	For
4	Increase Authorized Common Stock	Mgmt	Yes	For	For
5	Remove Requirement of Issuing Physical Stock Certificates for Class B Stock Upon Conversion of Class A Stock	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	1,900	1,900
		Totals:	1,900	1,900

Emerson Electric Co.	Meeting Date
	02-Feb-10
Ticker: EMR

CUSIP: 291011104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director C. A. H. Boersig	Mgmt	Yes	For	For
1.2	Elect Director C. Fernandez G.	Mgmt	Yes	For	For
1.3	Elect Director W. J. Galvin	Mgmt	Yes	For	For
1.4	Elect Director R. L. Stephenson	Mgmt	Yes	For	For
1.5	Elect Director V. R. Loucks, Jr.	Mgmt	Yes	For	For
1.6	Elect Director R. L. Ridgway	Mgmt	Yes	For	For
2	Amend Executive Incentive Bonus Plan	Mgmt	Yes	For	For

Page 4 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

3 Ratify Auditors Mgmt Yes For For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Sent	183,100	183,100
		Totals:	183,100	183,100

Bank of America Corp.	Meeting Date
	23-Feb-10
Ticker: BAC

CUSIP: 060505104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Increase Authorized Common Stock	Mgmt	Yes	For	For
2	Adjourn Meeting	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	335,800	335,800
		Totals:	335,800	335,800

Apple Inc.	Meeting Date
	25-Feb-10
Ticker: AAPL

CUSIP: 037833100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director William V. Campbell	Mgmt	Yes	For	For
1.2	Elect Director Millard S. Drexler	Mgmt	Yes	For	For
1.3	Elect Director Albert A. Gore, Jr.	Mgmt	Yes	For	For
1.4	Elect Director Steven P. Jobs	Mgmt	Yes	For	For
1.5	Elect Director Andrea Jung	Mgmt	Yes	For	For
1.6	Elect Director Arthur D. Levinson	Mgmt	Yes	For	For
1.7	Elect Director Jerome B. York	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Amend Non-Employee Director Omnibus Stock Plan	Mgmt	Yes	For	For
4	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For
5	Ratify Auditors	Mgmt	Yes	For	For
6	Prepare Sustainability Report	SH	Yes	Against	Against
7	Establish Other Board Committee	SH	Yes	Against	Against

Page 5 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Sent	46,000	46,000
		Totals:	46,000	46,000

QUALCOMM Incorporated	Meeting Date
	02-Mar-10
Ticker: QCOM

CUSIP: 747525103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Barbara T. Alexander	Mgmt	Yes	For	For
1.2	Elect Director Stephen M. Bennett	Mgmt	Yes	For	For
1.3	Elect Director Donald G. Cruickshank	Mgmt	Yes	For	For
1.4	Elect Director Raymond V. Dittamore	Mgmt	Yes	For	For
1.5	Elect Director Thomas W. Horton	Mgmt	Yes	For	For
1.6	Elect Director Irwin Mark Jacobs	Mgmt	Yes	For	For
1.7	Elect Director Paul E. Jacobs	Mgmt	Yes	For	For
1.8	Elect Director Robert E. Kahn	Mgmt	Yes	For	For
1.9	Elect Director Sherry Lansing	Mgmt	Yes	For	For
1.10	Elect Director Duane A. Nelles	Mgmt	Yes	For	For
1.11	Elect Director Brent Scowcroft	Mgmt	Yes	For	For
1.12	Elect Director Marc I. Stern	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Sent	121,500	121,500
		Totals:	121,500	121,500

Hewlett-Packard Company	Meeting Date
	17-Mar-10
Ticker: HPQ

CUSIP: 428236103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Marc L. Andreessen	Mgmt	Yes	For	For
1.2	Elect Director Lawrence T. Babbio, Jr.	Mgmt	Yes	For	For
1.3	Elect Director Sari M. Baldauf	Mgmt	Yes	For	For

Page 6 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

1.4	Elect Director Rajiv L. Gupta	Mgmt	Yes	For	For
1.5	Elect Director John H. Hammergren	Mgmt	Yes	For	For
1.6	Elect Director Mark V. Hurd	Mgmt	Yes	For	For
1.7	Elect Director Joel Z. Hyatt	Mgmt	Yes	For	For
1.8	Elect Director John R. Joyce	Mgmt	Yes	For	For
1.9	Elect Director Robert L. Ryan	Mgmt	Yes	For	For
1.10	Elect Director Lucille S. Salhany	Mgmt	Yes	For	For
1.11	Elect Director G. Kennedy Thompson	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
4	Company Request on Advisory Vote on Executive Compensation	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	163,600	163,600
		Totals:	163,600	163,600

ASML Holding NV	Meeting Date
	24-Mar-10
Ticker: N/A

CUSIP: N07059178

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Annual Meeting	Mgmt	No
1	Open Meeting	Mgmt	No
2	Discuss the Company’s Business and Finacial Situation	Mgmt	No
3	Approve Financial Statements and Statutory Reports	Mgmt	Yes	For	Do Not Vote
4	Approve Discharge of Management Board	Mgmt	Yes	For	Do Not Vote
5	Approve Discharge of Supervisory Board	Mgmt	Yes	For	Do Not Vote
6	Receive Explanation on Company’s Reserves and Dividend Policy	Mgmt	No
7	Approve Dividends of EUR 0.20 Per Share	Mgmt	Yes	For	Do Not Vote
8.a	Discuss Remuneration Report	Mgmt	No
8.b	Approve Remuneration Report Containing Remuneration Policy for Management Board Members	Mgmt	Yes	For	Do Not Vote
9.a	Approve Performance Share Arrangement According to Remuneration Policy 2010	Mgmt	Yes	For	Do Not Vote
9.b	Approve Performance Share Grant According to Remuneration Policy 2008	Mgmt	Yes	For	Do Not Vote
9.c	Approve Performance Stock Option Grants	Mgmt	Yes	For	Do Not Vote

Page 7 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

10	Approve the Numbers of Stock Options, Respectively Shares for Employees	Mgmt	Yes	For	Do Not Vote
11	Notification of the Intended Election of F. Schneider-Manoury to the Management Board	Mgmt	No
12	Discussion of Supervisory Board Profile	Mgmt	No
13	Notification of the Retirement of W.T. Siegle and J.W.B. Westerburgen of the Supervisory Board by Rotation in 2011	Mgmt	No
14.a	Grant Board Authority to Issue Shares up To Five Percent of Issued Capital	Mgmt	Yes	For	Do Not Vote
14.b	Authorize Board to Exclude Preemptive Rights from Issuance under Item 14.a	Mgmt	Yes	For	Do Not Vote
14.c	Grant Board Authority to Issue Additional Shares of up to Five Percent in Case of Takeover/Merger	Mgmt	Yes	For	Do Not Vote
14.d	Authorize Board to Exclude Preemptive Rights from Issuance under Item 14.c	Mgmt	Yes	For	Do Not Vote
15	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	Mgmt	Yes	For	Do Not Vote
16	Authorize Cancellation of Repurchased Shares	Mgmt	Yes	For	Do Not Vote
17	Authorize Additionnal Cancellation of Repurchased Shares	Mgmt	Yes	For	Do Not Vote
18	Other Business	Mgmt	No
19	Close Meeting	Mgmt	No

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	AutoApproved	60,100	60,100
		Totals:	60,100	60,100

Schlumberger Ltd.	Meeting Date
	07-Apr-10
Ticker: SLB

CUSIP: 806857108

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect P. Camus as Director	Mgmt	Yes	For	For
1.2	Elect P. Currie as Director	Mgmt	Yes	For	For
1.3	Elect J.S. Gorelick as Director	Mgmt	Yes	For	For
1.4	Elect A. Gould as Director	Mgmt	Yes	For	For
1.5	Elect T. Isaac as Director	Mgmt	Yes	For	For
1.6	Elect K.V. Kamath as Director	Mgmt	Yes	For	For
1.7	Elect N. Kudryavtsev as Director	Mgmt	Yes	For	For
1.8	Elect A. Lajous as Director	Mgmt	Yes	For	For
1.9	Elect M.E. Marks as Director	Mgmt	Yes	For	For
1.10	Elect L.R. Reif as Director	Mgmt	Yes	For	For
1.11	Elect T.I. Sandvold as Director	Mgmt	Yes	For	For

Page 8 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

1.12	Elect H. Seydoux as Director	Mgmt	Yes	For	For
2	Adopt and Approve Financials and Dividends	Mgmt	Yes	For	For
3	Approve 2010 Omnibus Stock Incentive Plan	Mgmt	Yes	For	For
4	Amend Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For
5	Ratify PricewaterhouseCoopers LLP as Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Approved	83,000	83,000
		Totals:	83,000	83,000

Carnival Corp.	Meeting Date
	13-Apr-10
Ticker: CCL

CUSIP: 143658300

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Reelect Micky Arison As A Director Of Carnival Corporation And As A Director Of Carnival Plc.	Mgmt	Yes	For	For
2	Elect Sir Jonathon Band As A Director Of Carnival Corporation And As A Director Of Carnival Plc.	Mgmt	Yes	For	For
3	Reelect Robert H. Dickinson As A Director Of Carnival Corporation And As A Director Of Carnival Plc.	Mgmt	Yes	For	For
4	Reelect Arnold W. Donald As A Director Of Carnival Corporation And As A Director Of Carnival Plc.	Mgmt	Yes	For	For
5	Reelect Pier Luigi Foschi As A Director Of Carnival Corporation And As A Director Of Carnival Plc.	Mgmt	Yes	For	For
6	Reelect Howard S. Frank As A Director Of Carnival Corporation And As A Director Of Carnival Plc.	Mgmt	Yes	For	For
7	Reelect Richard J. Glasier As A Director Of Carnival Corporation And As A Director Of Carnival Plc.	Mgmt	Yes	For	For
8	Reelect Modesto A. Maidique As A Director Of Carnival Corporation And As A Director Of Carnival Plc.	Mgmt	Yes	For	For
9	Reelect Sir John Parker As A Director Of Carnival Corporation And As A Director Of Carnival Plc.	Mgmt	Yes	For	For
10	Reelect Peter G. Ratcliffe As A Director Of Carnival Corporation And As A Director Of Carnival Plc.	Mgmt	Yes	For	For
11	Reelect Stuart Subotnick As A Director Of Carnival Corporation And As A Director Of Carnival Plc.	Mgmt	Yes	For	For
12	Reelect Laura Weil As A Director Of Carnival Corporation And As A Director Of Carnival Plc.	Mgmt	Yes	For	For
13	Reelect Randall J. Weisenburger As A Director Of Carnival Corporation And As A Director Of Carnival Plc.	Mgmt	Yes	For	For
14	Reelect Uzi Zucker As A Director Of Carnival Corporation And As A Director Of Carnival Plc.	Mgmt	Yes	For	For
15	Reappoint The UK Firm Of PricewaterhouseCoopers LLP As Independent Auditors For Carnival Plc And Ratify The U.S. Firm Of PricewaterhouseCoopers LLP As The Independent Auditor For Carnival Corporation.	Mgmt	Yes	For	For

Page 9 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

16	Authorize The Audit Committee Of Carnival Plc To Fix Remuneration Of The Independent Auditors Of Carnival Plc.	Mgmt	Yes	For	For
17	Receive The UK Accounts And Reports Of The Directors And Auditors Of Carnival Plc For The Year Ended November 30, 2009	Mgmt	Yes	For	For
18	Approve The Directors Remuneration Report Of Carnival Plc For The Year Ended November 30, 2009	Mgmt	Yes	For	Against
19	Authorize Issue of Equity with Pre-emptive Rights	Mgmt	Yes	For	Against
20	Authorize Issue of Equity without Pre-emptive Rights	Mgmt	Yes	For	For
21	Authorise Shares for Market Purchase	Mgmt	Yes	For	For
22	Stock Retention/Holding Period	SH	Yes	Against	Against
23	Transact Other Business (Non-Voting)	Mgmt	No

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	64,700	64,700
		Totals:	64,700	64,700

Abbott Laboratories	Meeting Date
	23-Apr-10
Ticker: ABT

CUSIP: 002824100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director R.J. Alpern	Mgmt	Yes	For	For
1.2	Elect Director R.S. Austin	Mgmt	Yes	For	For
1.3	Elect Director W.M. Daley	Mgmt	Yes	For	For
1.4	Elect Director W.J. Farrell	Mgmt	Yes	For	For
1.5	Elect Director H.L. Fuller	Mgmt	Yes	For	For
1.6	Elect Director W.A. Osborn	Mgmt	Yes	For	For
1.7	Elect Director D.A.L. Owen	Mgmt	Yes	For	For
1.8	Elect Director R.S. Roberts	Mgmt	Yes	For	For
1.9	Elect Director S.C. Scott, III	Mgmt	Yes	For	For
1.10	Elect Director W.D. Smithburg	Mgmt	Yes	For	For
1.11	Elect Director G.F. Tilton	Mgmt	Yes	For	For
1.12	Elect Director M.D. White	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
4	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For

Page 10 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	117,200	117,200
		Totals:	117,200	117,200

Honeywell International Inc.	Meeting Date
	26-Apr-10
Ticker: HON

CUSIP: 438516106

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Gordon M. Bethune	Mgmt	Yes	For	For
2	Elect Director Kevin Burke	Mgmt	Yes	For	For
3	Elect Director Jaime Chico Pardo	Mgmt	Yes	For	For
4	Elect Director David M. Cote	Mgmt	Yes	For	For
5	Elect Director D. Scott Davis	Mgmt	Yes	For	For
6	Elect Director Linnet F. Deily	Mgmt	Yes	For	For
7	Elect Director Clive R. Hollick	Mgmt	Yes	For	For
8	Elect Director George Paz	Mgmt	Yes	For	For
9	Elect Director Bradley T. Sheares	Mgmt	Yes	For	For
10	Elect Director Michael W. Wright	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For
12	Provide Right to Call Special Meeting	Mgmt	Yes	For	For
13	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For
14	Provide Right to Act by Written Consent	SH	Yes	Against	For
15	Require Independent Board Chairman	SH	Yes	Against	For
16	Review and Amend Code of Conduct to Include Human Rights	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	126,200	126,200
		Totals:	126,200	126,200

Page 11 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

Exelon Corporation	Meeting Date
	27-Apr-10
Ticker: EXC

CUSIP: 30161N101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director John A. Canning, Jr.	Mgmt	Yes	For	For
2	Elect Director M. Walter D’Alessio	Mgmt	Yes	For	For
3	Elect Director Nicholas DeBenedictis	Mgmt	Yes	For	For
4	Elect Director Bruce DeMars	Mgmt	Yes	For	For
5	Elect Director Nelson A. Diaz	Mgmt	Yes	For	For
6	Elect Director Sue L. Gin	Mgmt	Yes	For	For
7	Elect Director Rosemarie B. Greco	Mgmt	Yes	For	For
8	Elect Director Paul L. Joskow	Mgmt	Yes	For	For
9	Elect Director Richard W. Mies	Mgmt	Yes	For	For
10	Elect Director John M. Palms	Mgmt	Yes	For	For
11	Elect Director William C. Richardson	Mgmt	Yes	For	For
12	Elect Director Thomas J. Ridge	Mgmt	Yes	For	For
13	Elect Director John W. Rogers, Jr.	Mgmt	Yes	For	For
14	Elect Director John W. Rowe	Mgmt	Yes	For	For
15	Elect Director Stephen D. Steinour	Mgmt	Yes	For	For
16	Elect Director Don Thompson	Mgmt	Yes	For	For
17	Approve Omnibus Stock Plan	Mgmt	Yes	For	For
18	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	72,800	72,800
		Totals:	72,800	72,800

Manpower Inc.	Meeting Date
	27-Apr-10
Ticker: MAN

CUSIP: 56418H100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Gina R. Boswell	Mgmt	Yes	For	For
1.2	Elect Director Jack M. Greenberg	Mgmt	Yes	For	For
1.3	Elect Director Terry A. Hueneke	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Articles of Incorporation to Adopt Majority Voting for Uncontested Election of Directors	Mgmt	Yes	For	For
4	Amend Bylaws to Adopt Majority Voting for Uncontested Election of Directors	Mgmt	Yes	For	For

Page 12 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	68,300	68,300
		Totals:	68,300	68,300

The PNC Financial Services Group, Inc.	Meeting Date
	27-Apr-10
Ticker: PNC

CUSIP: 693475105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Richard O. Berndt	Mgmt	Yes	For	For
2	Elect Director Charles E. Bunch	Mgmt	Yes	For	For
3	Elect Director Paul W. Chellgren	Mgmt	Yes	For	For
4	Elect Director Robert N. Clay	Mgmt	Yes	For	For
5	Elect Director Kay Coles James	Mgmt	Yes	For	For
6	Elect Director Richard B. Kelson	Mgmt	Yes	For	For
7	Elect Director Bruce C. Lindsay	Mgmt	Yes	For	For
8	Elect Director Anthony A. Massaro	Mgmt	Yes	For	For
9	Elect Director Jane G. Pepper	Mgmt	Yes	For	For
10	Elect Director James E. Rohr	Mgmt	Yes	For	For
11	Elect Director Donald J. Shepard	Mgmt	Yes	For	For
12	Elect Director Lorene K. Steffes	Mgmt	Yes	For	For
13	Elect Director Dennis F. Strigl	Mgmt	Yes	For	For
14	Elect Director Stephen G. Thieke	Mgmt	Yes	For	For
15	Elect Director Thomas J. Usher	Mgmt	Yes	For	For
16	Elect Director George H. Walls, Jr.	Mgmt	Yes	For	For
17	Elect Director Helge H. Wehmeier	Mgmt	Yes	For	For
18	Ratify Auditors	Mgmt	Yes	For	For
19	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For
20	Submit Severance Agreement (Change-in-Control) to Shareholder Vote	SH	Yes	Against	Against
21	TARP Related Compensation	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	117,200	117,200
		Totals:	117,200	117,200

Page 13 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

VF Corporation	Meeting Date
	27-Apr-10
Ticker: VFC

CUSIP: 918204108

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Richard T. Carucci	Mgmt	Yes	For	For
1.2	Elect Director Juliana L. Chugg	Mgmt	Yes	For	For
1.3	Elect Director George Fellows	Mgmt	Yes	For	For
1.4	Elect Director Clarence Otis, Jr.	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	61,600	61,600
		Totals:	61,600	61,600

Bank of America Corporation	Meeting Date
	28-Apr-10
Ticker: BAC

CUSIP: 060505104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Susan S. Bies	Mgmt	Yes	For	For
2	Elect Director William P. Boardman	Mgmt	Yes	For	For
3	Elect Director Frank P. Bramble, Sr.	Mgmt	Yes	For	For
4	Elect Director Virgis W. Colbert	Mgmt	Yes	For	For
5	Elect Director Charles K. Gifford	Mgmt	Yes	For	For
6	Elect Director Charles O. Holliday, Jr.	Mgmt	Yes	For	For
7	Elect Director D. Paul Jones, Jr.	Mgmt	Yes	For	For
8	Elect Director Monica C. Lozano	Mgmt	Yes	For	For
9	Elect Director Thomas J. May	Mgmt	Yes	For	For
10	Elect Director Brian T. Moynihan	Mgmt	Yes	For	For
11	Elect Director Donald E. Powell	Mgmt	Yes	For	For
12	Elect Director Charles O. Rossotti	Mgmt	Yes	For	For
13	Elect Director Robert W. Scully	Mgmt	Yes	For	For
14	Ratify Auditors	Mgmt	Yes	For	For
15	Increase Authorized Common Stock	Mgmt	Yes	For	For

Page 14 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

16	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	Against
17	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
18	Report on Government Service of Employees	SH	Yes	Against	Against
19	TARP Related Compensation	SH	Yes	Against	Against
20	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For
21	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
22	Adopt Policy on Succession Planning	SH	Yes	Against	Against
23	Report on Collateral in Derivatives Trading	SH	Yes	Against	Against
24	Claw-back of Payments under Restatements	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	369,600	369,600
		Totals:	369,600	369,600

BorgWarner Inc.	Meeting Date
	28-Apr-10
Ticker: BWA

CUSIP: 099724106

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Jere A. Drummond	Mgmt	Yes	For	For
1.2	Elect Director Timothy M. Manganello	Mgmt	Yes	For	For
1.3	Elect Director John R. Mckernan, Jr.	Mgmt	Yes	For	For
1.4	Elect Director Ernest J. Novak, Jr.	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	102,200	102,200
		Totals:	102,200	102,200

General Electric Company	Meeting Date
	28-Apr-10
Ticker: GE

CUSIP: 369604103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director W. Geoffrey Beattie	Mgmt	Yes	For	For
2	Elect Director James I. Cash, Jr.	Mgmt	Yes	For	For

Page 15 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

3	Elect Director William M. Castell	Mgmt	Yes	For	For
4	Elect Director Ann M. Fudge	Mgmt	Yes	For	For
5	Elect Director Susan Hockfield	Mgmt	Yes	For	For
6	Elect Director Jeffrey R. Immelt	Mgmt	Yes	For	For
7	Elect Director Andrea Jung	Mgmt	Yes	For	For
8	Elect Director Alan G. (A.G.) Lafley	Mgmt	Yes	For	For
9	Elect Director Robert W. Lane	Mgmt	Yes	For	For
10	Elect Director Ralph S. Larsen	Mgmt	Yes	For	For
11	Elect Director Rochelle B. Lazarus	Mgmt	Yes	For	For
12	Elect Director James J. Mulva	Mgmt	Yes	For	For
13	Elect Director Sam Nunn	Mgmt	Yes	For	For
14	Elect Director Roger S. Penske	Mgmt	Yes	For	For
15	Elect Director Robert J. Swieringa	Mgmt	Yes	For	For
16	Elect Director Douglas A. Warner III	Mgmt	Yes	For	For
17	Ratify Auditors	Mgmt	Yes	For	For
18	Provide for Cumulative Voting	SH	Yes	Against	Against
19	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For
20	Require Independent Board Chairman	SH	Yes	Against	For
21	Report on Pay Disparity	SH	Yes	Against	Against
22	Adopt Policy Prohibiting Certain Directors from Serving on Key Board Committees	SH	Yes	Against	Against
23	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	245,700	245,700
		Totals:	245,700	245,700

Textron Inc.	Meeting Date
	28-Apr-10
Ticker: TXT

CUSIP: 883203101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Kathleen M. Bader	Mgmt	Yes	For	For
2	Elect Director R. Kerry Clark	Mgmt	Yes	For	For
3	Elect Director Ivor J. Evans	Mgmt	Yes	For	For
4	Elect Director Lord Powell of Bayswater	Mgmt	Yes	For	For
5	Elect Director James L. Ziemer	Mgmt	Yes	For	For

Page 16 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

6	Approve Option Exchange Program	Mgmt	Yes	For	For
7	Declassify the Board of Directors and Adjust Par Value of Preferred Stock	Mgmt	Yes	For	For
8	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	175,000	175,000
		Totals:	175,000	175,000

Allergan, Inc.	Meeting Date
	29-Apr-10
Ticker: AGN

CUSIP: 018490102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Michael R. Gallagher	Mgmt	Yes	For	For
2	Elect Director Gavin S. Herbert	Mgmt	Yes	For	For
3	Elect Director Dawn Hudson	Mgmt	Yes	For	For
4	Elect Director Stephen J. Ryan, MD	Mgmt	Yes	For	For
5	Ratify Auditors	Mgmt	Yes	For	For
6	Reduce Supermajority Vote Requirement Relating to the Removal of Directors	Mgmt	Yes	For	For
7	Reduce Supermajority Vote Requirement Relating to Business Combinations	Mgmt	Yes	For	For
8	Reduce Supermajority Vote Requirement Relating to Amendments to Certificate of Incorporation	Mgmt	Yes	For	For
9	Amend Articles of Incorporation to Update and Simplify Provisions	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	84,800	84,800
		Totals:	84,800	84,800

Capital One Financial Corporation	Meeting Date
	29-Apr-10
Ticker: COF

CUSIP: 14040H105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director W. Ronald Dietz	Mgmt	Yes	For	For
2	Elect Director Lewis Hay, III	Mgmt	Yes	For	For
3	Elect Director Mayo A. Shattuck III	Mgmt	Yes	For	For

Page 17 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

4	Ratify Auditors	Mgmt	Yes	For	For
5	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For
6	Stock Retention/Holding Period	SH	Yes	Against	Against
7	Declassify the Board of Directors	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	70,000	70,000
		Totals:	70,000	70,000

The Travelers Companies, Inc.	Meeting Date
	04-May-10
Ticker: TRV

CUSIP: 89417E109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Alan L. Beller	Mgmt	Yes	For	For
1.2	Elect Director John H. Dasburg	Mgmt	Yes	For	For
1.3	Elect Director Janet M. Dolan	Mgmt	Yes	For	For
1.4	Elect Director Kenneth M. Duberstein	Mgmt	Yes	For	For
1.5	Elect Director Jay S. Fishman	Mgmt	Yes	For	For
1.6	Elect Director Lawrence G. Graev	Mgmt	Yes	For	For
1.7	Elect Director Patricia L. Higgins	Mgmt	Yes	For	For
1.8	Elect Director Thomas R. Hodgson	Mgmt	Yes	For	For
1.9	Elect Director Cleve L. Killingsworth, Jr.	Mgmt	Yes	For	For
1.10	Elect Director Blythe J. McGarvie	Mgmt	Yes	For	For
1.11	Elect Director Donald J. Shepard	Mgmt	Yes	For	For
1.12	Elect Director Laurie J. Thomsen	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	109,100	109,100
		Totals:	109,100	109,100

Page 18 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

Expeditors International of Washington, Inc.	Meeting Date
	05-May-10
Ticker: EXPD

CUSIP: 302130109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Mark A. Emmert	Mgmt	Yes	For	For
1.2	Elect Director R. Jordan Gates	Mgmt	Yes	For	For
1.3	Elect Director Dan P. Kourkoumelis	Mgmt	Yes	For	For
1.4	Elect Director Michael J. Malone	Mgmt	Yes	For	For
1.5	Elect Director John W. Meisenbach	Mgmt	Yes	For	For
1.6	Elect Director Peter J. Rose	Mgmt	Yes	For	For
1.7	Elect Director James L.K. Wang	Mgmt	Yes	For	For
1.8	Elect Director Robert R. Wright	Mgmt	Yes	For	For
2	Approve Stock Option Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	111,500	111,500
		Totals:	111,500	111,500

PepsiCo, Inc.	Meeting Date
	05-May-10
Ticker: PEP

CUSIP: 713448108

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Shona L. Brown	Mgmt	Yes	For	For
2	Elect Director Ian M. Cook	Mgmt	Yes	For	For
3	Elect Director Dina Dublon	Mgmt	Yes	For	For
4	Elect Director Victor J. Dzau	Mgmt	Yes	For	For
5	Elect Director Ray L. Hunt	Mgmt	Yes	For	For
6	Elect Director Alberto Ibarguen	Mgmt	Yes	For	For
7	Elect Director Arthur C. Martinez	Mgmt	Yes	For	For
8	Elect Director Indra K. Nooyi	Mgmt	Yes	For	For
9	Elect Director Sharon P. Rockefeller	Mgmt	Yes	For	For
10	Elect Director James J. Schiro	Mgmt	Yes	For	For
11	Elect Director Lloyd G. Trotter	Mgmt	Yes	For	For
12	Elect Director Daniel Vasella	Mgmt	Yes	For	Against
13	Ratify Auditors	Mgmt	Yes	For	For
14	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
15	Report on Charitable Contributions	SH	Yes	Against	Against
16	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For
17	Report on Public Policy Advocacy Process	SH	Yes	Against	Against

Page 19 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	125,000	125,000
		Totals:	125,000	125,000

Union Pacific Corporation	Meeting Date
	06-May-10
Ticker: UNP

CUSIP: 907818108

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Andrew H. Card, Jr.	Mgmt	Yes	For	For
2	Elect Director Erroll B. Davis, Jr.	Mgmt	Yes	For	For
3	Elect Director Thomas J. Donohue	Mgmt	Yes	For	For
4	Elect Director Archie W. Dunham	Mgmt	Yes	For	For
5	Elect Director Judith Richards Hope	Mgmt	Yes	For	For
6	Elect Director Charles C. Krulak	Mgmt	Yes	For	For
7	Elect Director Michael R. McCarthy	Mgmt	Yes	For	For
8	Elect Director Michael W. McConnell	Mgmt	Yes	For	For
9	Elect Director Thomas F. McLarty III	Mgmt	Yes	For	For
10	Elect Director Steven R. Rogel	Mgmt	Yes	For	For
11	Elect Director Jose H. Villarreal	Mgmt	Yes	For	For
12	Elect Director James R. Young	Mgmt	Yes	For	For
13	Ratify Auditors	Mgmt	Yes	For	For
14	Require Independent Board Chairman	SH	Yes	Against	Against
15	Reduce Supermajority Vote Requirement	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	81,600	81,600
		Totals:	81,600	81,600

Colgate-Palmolive Company	Meeting Date
	07-May-10
Ticker: CL

CUSIP: 194162103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director John T. Cahill	Mgmt	Yes	For	For
2	Elect Director Ian Cook	Mgmt	Yes	For	For

Page 20 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

3	Elect Director Helene D. Gayle	Mgmt	Yes	For	For
4	Elect Director Ellen M. Hancock	Mgmt	Yes	For	For
5	Elect Director Joseph Jimenez	Mgmt	Yes	For	For
6	Elect Director David W. Johnson	Mgmt	Yes	For	For
7	Elect Director Richard J. Kogan	Mgmt	Yes	For	For
8	Elect Director Delano E. Lewis	Mgmt	Yes	For	For
9	Elect Director J. Pedro Reinhard	Mgmt	Yes	For	For
10	Elect Director Stephen I. Sadove	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For
12	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For
13	Report on Charitable Contributions	SH	Yes	Against	Against
14	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	110,500	110,500
		Totals:	110,500	110,500

Illinois Tool Works Inc.	Meeting Date
	07-May-10
Ticker: ITW

CUSIP: 452308109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Marvin D. Brailsford	Mgmt	Yes	For	For
2	Elect Director Susan Crown	Mgmt	Yes	For	For
3	Elect Director Don H. Davis, Jr.	Mgmt	Yes	For	For
4	Elect Director Robert C. McCormack	Mgmt	Yes	For	For
5	Elect Director Robert S. Morrison	Mgmt	Yes	For	For
6	Elect Director James A. Skinner	Mgmt	Yes	For	For
7	Elect Director David B. Smith, Jr.	Mgmt	Yes	For	For
8	Elect Director David B. Speer	Mgmt	Yes	For	For
9	Elect Director Pamela B. Strobel	Mgmt	Yes	For	For
10	Ratify Auditors	Mgmt	Yes	For	For
11	Report on Political Contributions	SH	Yes	Against	Against

Page 21 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	80,000	80,000
		Totals:	80,000	80,000

Henry Schein, Inc.	Meeting Date
	10-May-10
Ticker: HSIC

CUSIP: 806407102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Stanley M Bergman	Mgmt	Yes	For	For
1.2	Elect Director Gerald A Benjamin	Mgmt	Yes	For	For
1.3	Elect Director James P Breslawski	Mgmt	Yes	For	For
1.4	Elect Director Mark E Mlotek	Mgmt	Yes	For	For
1.5	Elect Director Steven Paladino	Mgmt	Yes	For	For
1.6	Elect Director Barry J Alperin	Mgmt	Yes	For	For
1.7	Elect Director Paul Brons	Mgmt	Yes	For	For
1.8	Elect Director Donald J Kabat	Mgmt	Yes	For	For
1.9	Elect Director Philip A Laskawy	Mgmt	Yes	For	For
1.10	Elect Director Karyn Mashima	Mgmt	Yes	For	For
1.11	Elect Director Norman S Matthews	Mgmt	Yes	For	For
1.12	Elect Director Bradley T Sheares, PhD	Mgmt	Yes	For	For
1.13	Elect Director Louis W Sullivan, MD	Mgmt	Yes	For	For
2	Amend Non-Employee Director Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	23,300	23,300
		Totals:	23,300	23,300

DENTSPLY International Inc.	Meeting Date
	11-May-10
Ticker: XRAY

CUSIP: 249030107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Paula H. Cholmondeley	Mgmt	Yes	For	For
1.2	Elect Director Michael J. Coleman	Mgmt	Yes	For	For

Page 22 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

1.3	Elect Director John C. Miles II	Mgmt	Yes	For	For
1.4	Elect Director John L. Miclot	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Approve Omnibus Stock Plan	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	176,800	176,800
		Totals:	176,800	176,800

Gilead Sciences, Inc.	Meeting Date
	11-May-10
Ticker: GILD

CUSIP: 375558103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Paul Berg	Mgmt	Yes	For	For
1.2	Elect Director John F. Cogan	Mgmt	Yes	For	For
1.3	Elect Director Etienne F. Davignon	Mgmt	Yes	For	For
1.4	Elect Director James M. Denny	Mgmt	Yes	For	For
1.5	Elect Director Carla A. Hills	Mgmt	Yes	For	For
1.6	Elect Director Kevin E. Lofton	Mgmt	Yes	For	For
1.7	Elect Director John W. Madigan	Mgmt	Yes	For	For
1.8	Elect Director John C. Martin	Mgmt	Yes	For	For
1.9	Elect Director Gordon E. Moore	Mgmt	Yes	For	For
1.10	Elect Director Nicholas G. Moore	Mgmt	Yes	For	For
1.11	Elect Director Richard J. Whitley	Mgmt	Yes	For	For
1.12	Elect Director Gayle E. Wilson	Mgmt	Yes	For	For
1.13	Elect Director Per Wold-Olsen	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Reduce Supermajority Vote Requirement	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	124,500	124,500
		Totals:	124,500	124,500

Page 23 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

ConocoPhillips	Meeting Date
	12-May-10
Ticker: COP

CUSIP: 20825C104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Richard L. Armitage	Mgmt	Yes	For	For
1.2	Elect Director Richard H. Auchinleck	Mgmt	Yes	For	For
1.3	Elect Director James E. Copeland, Jr.	Mgmt	Yes	For	For
1.4	Elect Director Kenneth M. Duberstein	Mgmt	Yes	For	For
1.5	Elect Director Ruth R. Harkin	Mgmt	Yes	For	For
1.6	Elect Director Harold W. Mcgraw III	Mgmt	Yes	For	For
1.7	Elect Director James J. Mulva	Mgmt	Yes	For	For
1.8	Elect Director Robert A. Niblock	Mgmt	Yes	For	For
1.9	Elect Director Harald J. Norvik	Mgmt	Yes	For	For
1.10	Elect Director William K. Reilly	Mgmt	Yes	For	For
1.11	Elect Director Bobby S. Shackouls	Mgmt	Yes	For	For
1.12	Elect Director Victoria J. Tschinkel	Mgmt	Yes	For	For
1.13	Elect Director Kathryn C. Turner	Mgmt	Yes	For	For
1.14	Elect Director William E. Wade, Jr.	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Report on Board Risk Management Oversight	SH	Yes	Against	Against
4	Adopt Quantitative GHG Goals for Products and Operations	SH	Yes	Against	Against
5	Report on Environmental Impact of Oil Sands Operations in Canada	SH	Yes	Against	Against
6	Adopt Policy to Address Coastal Louisiana Environmental Impacts	SH	Yes	Against	Against
7	Report on Financial Risks of Climate Change	SH	Yes	Against	Against
8	Adopt Goals to Reduce Emission of TRI Chemicals	SH	Yes	Against	Against
9	Amend EEO Policy to Prohibit Discrimination Based on Sexual Orientation and Gender Identity	SH	Yes	Against	Against
10	Report on Political Contributions	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	52,800	52,800
		Totals:	52,800	52,800

National Oilwell Varco, Inc.	Meeting Date
	12-May-10
Ticker: NOV

CUSIP: 637071101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Ben A. Guill	Mgmt	Yes	For	For

Page 24 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

1.2	Elect Director Roger L. Jarvis	Mgmt	Yes	For	For
1.3	Elect Director Eric L. Mattson	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	113,200	113,200
		Totals:	113,200	113,200

Philip Morris International Inc.	Meeting Date
	12-May-10
Ticker: PM

CUSIP: 718172109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Harold Brown	Mgmt	Yes	For	For
2	Elect Director Mathis Cabiallavetta	Mgmt	Yes	For	For
3	Elect Director Louis C. Camilleri	Mgmt	Yes	For	For
4	Elect Director J. Dudley Fishburn	Mgmt	Yes	For	For
5	Elect Director Jennifer Li	Mgmt	Yes	For	For
6	Elect Director Graham Mackay	Mgmt	Yes	For	For
7	Elect Director Sergio Marchionne	Mgmt	Yes	For	For
8	Elect Director Lucio A. Noto	Mgmt	Yes	For	For
9	Elect Director Carlos Slim Helu	Mgmt	Yes	For	For
10	Elect Director Stephen M. Wolf	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For
12	Report on Effect of Marketing Practices on the Poor	SH	Yes	Against	Against
13	Establish Supplier Human Rights Purchasing Protocols	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	81,400	81,400
		Totals:	81,400	81,400

Wynn Resorts, Limited	Meeting Date
	12-May-10
Ticker: WYNN

CUSIP: 983134107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Stephen A. Wynn	Mgmt	Yes	For	For

Page 25 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

1.2	Elect Director Ray R. Irani	Mgmt	Yes	For	For
1.3	Elect Director Alvin V. Shoemaker	Mgmt	Yes	For	For
1.4	Elect Director D. Boone Wayson	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	71,000	71,000
		Totals:	71,000	71,000

Ford Motor Company	Meeting Date
	13-May-10
Ticker: F

CUSIP: 345370860

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Stephen G. Butler	Mgmt	Yes	For	For
1.2	Elect Director Kimberly A. Casiano	Mgmt	Yes	For	For
1.3	Elect Director Anthony F. Earley, Jr.	Mgmt	Yes	For	For
1.4	Elect Director Edsel B. Ford II	Mgmt	Yes	For	For
1.5	Elect Director William Clay Ford, Jr.	Mgmt	Yes	For	For
1.6	Elect Director Richard A. Gephardt	Mgmt	Yes	For	For
1.7	Elect Director Irvine O. Hockaday, Jr.	Mgmt	Yes	For	For
1.8	Elect Director Richard A. Manoogian	Mgmt	Yes	For	For
1.9	Elect Director Ellen R. Marram	Mgmt	Yes	For	For
1.10	Elect Director Alan Mulally	Mgmt	Yes	For	For
1.11	Elect Director Homer A. Neal	Mgmt	Yes	For	For
1.12	Elect Director Gerald L. Shaheen	Mgmt	Yes	For	For
1.13	Elect Director John L. Thornton	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Adopt NOL Rights Plan (NOL Pill)	Mgmt	Yes	For	For
4	Disclose Prior Government Service	SH	Yes	Against	Against
5	Adopt Recapitalization Plan	SH	Yes	Against	Against
6	Report on Political Contributions	SH	Yes	Against	Against
7	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
8	Prohibit Energy Projects Only Concerned With CO2 Reduction	SH	Yes	Against	Against

Page 26 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	261,600	261,600
		Totals:	261,600	261,600

The Dow Chemical Company	Meeting Date
	13-May-10
Ticker: DOW

CUSIP: 260543103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Arnold A. Allemang	Mgmt	Yes	For	For
2	Elect Director Jacqueline K. Barton	Mgmt	Yes	For	For
3	Elect Director James A. Bell	Mgmt	Yes	For	For
4	Elect Director Jeff M. Fettig	Mgmt	Yes	For	For
5	Elect Director Barbara H. Franklin	Mgmt	Yes	For	For
6	Elect Director John B. Hess	Mgmt	Yes	For	For
7	Elect Director Andrew N. Liveris	Mgmt	Yes	For	For
8	Elect Director Paul Polman	Mgmt	Yes	For	For
9	Elect Director Dennis H. Reilley	Mgmt	Yes	For	For
10	Elect Director James M. Ringler	Mgmt	Yes	For	For
11	Elect Director Ruth G. Shaw	Mgmt	Yes	For	For
12	Elect Director Paul G. Stern	Mgmt	Yes	For	For
13	Ratify Auditors	Mgmt	Yes	For	For
14	Provide Right to Call Special Meeting	Mgmt	Yes	For	For
15	Report on Environmental Remediation in Midland Area	SH	Yes	Against	Against
16	Stock Retention/Holding Period	SH	Yes	Against	Against
17	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	190,700	190,700
		Totals:	190,700	190,700

Page 27 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

Macy’s, Inc.	Meeting Date
	14-May-10
Ticker: M

CUSIP: 55616P104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Stephen F. Bollenbach	Mgmt	Yes	For	For
1.2	Elect Director Deirdre P. Connelly	Mgmt	Yes	For	For
1.3	Elect Director Meyer Feldberg	Mgmt	Yes	For	For
1.4	Elect Director Sara Levinson	Mgmt	Yes	For	For
1.5	Elect Director Terry J. Lundgren	Mgmt	Yes	For	For
1.6	Elect Director Joseph Neubauer	Mgmt	Yes	For	For
1.7	Elect Director Joseph A. Pichler	Mgmt	Yes	For	For
1.8	Elect Director Joyce M. Roché	Mgmt	Yes	For	For
1.9	Elect Director Craig E. Weatherup	Mgmt	Yes	For	For
1.10	Elect Director Marna C. Whittington	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Certificate of Incorporation to Reduce Supermajority Vote Requirements and Eliminate Certain Provisions	Mgmt	Yes	For	For
4	Require a Majority Vote for the Election of Directors	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	144,900	144,900
		Totals:	144,900	144,900

JPMorgan Chase & Co.	Meeting Date
	18-May-10
Ticker: JPM

CUSIP: 46625H100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Crandall C. Bowles	Mgmt	Yes	For	For
1.2	Elect Director Stephen B. Burke	Mgmt	Yes	For	For
1.3	Elect Director David M. Cote	Mgmt	Yes	For	For
1.4	Elect Director James S. Crown	Mgmt	Yes	For	For
1.5	Elect Director James Dimon	Mgmt	Yes	For	For
1.6	Elect Director Ellen V. Futter	Mgmt	Yes	For	For
1.7	Elect Director William H. Gray, III	Mgmt	Yes	For	For
1.8	Elect Director Laban P. Jackson, Jr.	Mgmt	Yes	For	For
1.9	Elect Director David C. Novak	Mgmt	Yes	For	For
1.10	Elect Director Lee R. Raymond	Mgmt	Yes	For	For
1.11	Elect Director William C. Weldon	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For

Page 28 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

4	Affirm Political Non-Partisanship	SH	Yes	Against	For
5	Amend Bylaws — Call Special Meetings	SH	Yes	Against	For
6	Report on Collateral in Derivatives Trading	SH	Yes	Against	For
7	Provide Right to Act by Written Consent	SH	Yes	Against	For
8	Require Independent Board Chairman	SH	Yes	Against	Against
9	Report on Pay Disparity	SH	Yes	Against	Against
10	Stock Retention/Holding Period	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	227,600	227,600
		Totals:	227,600	227,600

Halliburton Company	Meeting Date
	19-May-10
Ticker: HAL

CUSIP: 406216101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director A.M. Bennett	Mgmt	Yes	For	For
2	Elect Director J.R. Boyd	Mgmt	Yes	For	For
3	Elect Director M. Carroll	Mgmt	Yes	For	For
4	Elect Director N.K. Dicciani	Mgmt	Yes	For	For
5	Elect Director S.M. Gillis	Mgmt	Yes	For	For
6	Elect Director J.T. Hackett	Mgmt	Yes	For	For
7	Elect Director D.J. Lesar	Mgmt	Yes	For	For
8	Elect Director R.A. Malone	Mgmt	Yes	For	For
9	Elect Director J.L. Martin	Mgmt	Yes	For	For
10	Elect Director D.L. Reed	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For
12	Review and Assess Human Rights Policies	SH	Yes	Against	Against
13	Report on Political Contributions	SH	Yes	Against	Against
14	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
15	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	164,300	164,300
		Totals:	164,300	164,300

Page 29 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

Intel Corporation	Meeting Date
	19-May-10
Ticker: INTC

CUSIP: 458140100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Charlene Barshefsky	Mgmt	Yes	For	For
2	Elect Director Susan L. Decker	Mgmt	Yes	For	For
3	Elect Director John J. Donahoe	Mgmt	Yes	For	For
4	Elect Director Reed E. Hundt	Mgmt	Yes	For	For
5	Elect Director Paul S. Otellini	Mgmt	Yes	For	For
6	Elect Director James D. Plummer	Mgmt	Yes	For	For
7	Elect Director David S. Pottruck	Mgmt	Yes	For	For
8	Elect Director Jane E. Shaw	Mgmt	Yes	For	For
9	Elect Director Frank D. Yeary	Mgmt	Yes	For	For
10	Elect Director David B. Yoffie	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For
12	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	124,900	124,900
		Totals:	124,900	124,900

Quanta Services, Inc.	Meeting Date
	20-May-10
Ticker: PWR

CUSIP: 74762E102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director James R. Ball	Mgmt	Yes	For	For
1.2	Elect Director John R. Colson	Mgmt	Yes	For	For
1.3	Elect Director J. Michal Conaway	Mgmt	Yes	For	For
1.4	Elect Director Ralph R. DiSibio	Mgmt	Yes	For	For
1.5	Elect Director Bernard Fried	Mgmt	Yes	For	For
1.6	Elect Director Louis C. Golm	Mgmt	Yes	For	For
1.7	Elect Director Worthing F. Jackman	Mgmt	Yes	For	For
1.8	Elect Director Bruce Ranck	Mgmt	Yes	For	For
1.9	Elect Director John R. Wilson	Mgmt	Yes	For	For

Page 30 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

1.10	Elect Director Pat Wood, III	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Require a Majority Vote for the Election of Directors	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	147,400	147,400
		Totals:	147,400	147,400

The Home Depot, Inc.	Meeting Date
	20-May-10
Ticker: HD

CUSIP: 437076102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director F. Duane Ackerman	Mgmt	Yes	For	For
2	Elect Director David H. Batchelder	Mgmt	Yes	For	For
3	Elect Director Francis S. Blake	Mgmt	Yes	For	For
4	Elect Director Ari Bousbib	Mgmt	Yes	For	For
5	Elect Director Gregory D. Brenneman	Mgmt	Yes	For	For
6	Elect Director Albert P. Carey	Mgmt	Yes	For	For
7	Elect Director Armando Codina	Mgmt	Yes	For	For
8	Elect Director Bonnie G. Hill	Mgmt	Yes	For	For
9	Elect Director Karen L. Katen	Mgmt	Yes	For	For
10	Ratify Auditors	Mgmt	Yes	For	For
11	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
12	Provide for Cumulative Voting	SH	Yes	Against	Against
13	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
14	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For
15	Provide Right to Act by Written Consent	SH	Yes	Against	For
16	Require Independent Board Chairman	SH	Yes	Against	Against
17	Prepare Employment Diversity Report	SH	Yes	Against	Against
18	Reincorporate in Another State [from Delaware to North Dakota]	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	183,700	183,700
		Totals:	183,700	183,700

Page 31 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

Exxon Mobil Corporation	Meeting Date
	26-May-10
Ticker: XOM

CUSIP: 30231G102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director M.J. Boskin	Mgmt	Yes	For	For
1.2	Elect Director P. Brabeck-Letmathe	Mgmt	Yes	For	For
1.3	Elect Director L.R. Faulkner	Mgmt	Yes	For	For
1.4	Elect Director J.S. Fishman	Mgmt	Yes	For	For
1.5	Elect Director K.C. Frazier	Mgmt	Yes	For	For
1.6	Elect Director W.W. George	Mgmt	Yes	For	For
1.7	Elect Director M.C. Nelson	Mgmt	Yes	For	For
1.8	Elect Director S.J. Palmisano	Mgmt	Yes	For	For
1.9	Elect Director S.C. Reinemund	Mgmt	Yes	For	For
1.10	Elect Director R.W. Tillerson	Mgmt	Yes	For	For
1.11	Elect Director E.E. Whitacre, Jr.	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For
4	Reincorporate in Another State [from New Jersey to North Dakota]	SH	Yes	Against	Against
5	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
6	Amend EEO Policy to Prohibit Discrimination based on Sexual Orientation and Gender Identity	SH	Yes	Against	Against
7	Adopt Policy on Human Right to Water	SH	Yes	Against	Against
8	Adopt Policy to Address Coastal Louisiana Environmental Impacts	SH	Yes	Against	Against
9	Report on Environmental Impact of Oil Sands Operations in Canada	SH	Yes	Against	For
10	Report on Environmental Impacts of Natural Gas Fracturing	SH	Yes	Against	For
11	Report on Energy Technologies Development	SH	Yes	Against	Against
12	Adopt Quantitative GHG Goals from Products and Operations	SH	Yes	Against	For
13	Report on Risks of Alternative Long-term Fossil Fuel Demand Estimates	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	57,646	57,646
		Totals:	57,646	57,646

Page 32 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

First Solar, Inc.	Meeting Date
	01-Jun-10
Ticker: FSLR

CUSIP: 336433107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Michael J. Ahearn	Mgmt	Yes	For	For
1.2	Elect Director Robert J. Gillette	Mgmt	Yes	For	For
1.3	Elect Director Craig Kennedy	Mgmt	Yes	For	For
1.4	Elect Director James F. Nolan	Mgmt	Yes	For	For
1.5	Elect Director William J. Post	Mgmt	Yes	For	For
1.6	Elect Director J. Thomas Presby	Mgmt	Yes	For	For
1.7	Elect Director Paul H. Stebbins	Mgmt	Yes	For	For
1.8	Elect Director Michael Sweeney	Mgmt	Yes	For	For
1.9	Elect Director Jose H. Villarreal	Mgmt	Yes	For	For
2	Approve Omnibus Stock Plan	Mgmt	Yes	For	Against
3	Approve Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For
4	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Sent	21,400	21,400
		Totals:	21,400	21,400

CB Richard Ellis Group, Inc.	Meeting Date
	02-Jun-10
Ticker: CBG

CUSIP: 12497T101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Richard C. Blum	Mgmt	Yes	For	For
1.2	Elect Director Curtis F. Feeny	Mgmt	Yes	For	For
1.3	Elect Director Bradford M. Freeman	Mgmt	Yes	For	For
1.4	Elect Director Michael Kantor	Mgmt	Yes	For	For
1.5	Elect Director Frederic V. Malek	Mgmt	Yes	For	For
1.6	Elect Director Jane J. Su	Mgmt	Yes	For	For
1.7	Elect Director Laura D. Tyson	Mgmt	Yes	For	For
1.8	Elect Director Brett White	Mgmt	Yes	For	For
1.9	Elect Director Gary L. Wilson	Mgmt	Yes	For	For

Page 33 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

1.10	Elect Director Ray Wirta	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Sent	271,700	271,700
		Totals:	271,700	271,700

Hyatt Hotels Corporation	Meeting Date
	09-Jun-10
Ticker: H

CUSIP: 448579102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Bernard W. Aronson	Mgmt	Yes	For	For
1.2	Elect Director Mark S. Hoplamazian	Mgmt	Yes	For	For
1.3	Elect Director Penny Pritzker	Mgmt	Yes	For	For
1.4	Elect Director Michael A. Rocca	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Approve Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Sent	124,000	124,000
		Totals:	124,000	124,000

Target Corporation	Meeting Date
	09-Jun-10
Ticker: TGT

CUSIP: 87612E106

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Calvin Darden	Mgmt	Yes	For	For
2	Elect Director Anne M. Mulcahy	Mgmt	Yes	For	For
3	Elect Director Stephen W. Sanger	Mgmt	Yes	For	For
4	Elect Director Gregg W. Steinhafel	Mgmt	Yes	For	For
5	Ratify Auditors	Mgmt	Yes	For	For
6	Declassify the Board of Directors	Mgmt	Yes	For	For
7	Reduce Supermajority Vote Requirement	Mgmt	Yes	For	For
8	Amend Articles of Incorporation	Mgmt	Yes	For	For

Page 34 of 35

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 98 Ivy Funds VIP Balanced

9 Advisory Vote to Ratify Named Executive Officers’ Compensation SH Yes Against Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
98 Ivy Funds VIP Balanced, 98	115934.1	Confirmed	88,900	88,900
		Totals:	88,900	88,900

Page 35 of 35

IVY FUNDS VIP BOND

Proxy Voting Record

There was no proxy voting for Ivy Funds VIP Bond, a series of the Registrant, for the period covered by this report, pursuant to Section 30 of the Investment Company Act of 1940, as amended, and Rule 30b1-4 thereunder.

IVY FUNDS VIP CORE EQUITY

Proxy Voting Record

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

Microchip Technology Incorporated	Meeting Date
	14-Aug-09
Ticker: MCHP

CUSIP: 595017104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Steve Sanghi	Mgmt	Yes	For	For
1.2	Elect Director Albert J. Hugo-martinez	Mgmt	Yes	For	For
1.3	Elect Director L.b. Day	Mgmt	Yes	For	For
1.4	Elect Director Matthew W. Chapman	Mgmt	Yes	For	For
1.5	Elect Director Wade F. Meyercord	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	406,700	406,700
		Totals:	406,700	406,700

Parker-Hannifin Corporation	Meeting Date
	28-Oct-09
Ticker: PH

CUSIP: 701094104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director William E. Kassling	Mgmt	Yes	For	For
1.2	Elect Director Robert J. Kohlhepp	Mgmt	Yes	For	For
1.3	Elect Director Giulio Mazzalupi	Mgmt	Yes	For	For
1.4	Elect Director Klaus-Peter Muller	Mgmt	Yes	For	For
1.5	Elect Director Joseph M. Scaminace	Mgmt	Yes	For	For
1.6	Elect Director Wolfgang R. Schmitt	Mgmt	Yes	For	For
1.7	Elect Director Markos I. Tambakeras	Mgmt	Yes	For	For
1.8	Elect Director James L. Wainscott	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Approve Omnibus Stock Plan	Mgmt	Yes	For	For
4	Require Independent Board Chairman	SH	Yes	Against	For

Page 1 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	158,800	158,800
		Totals:	158,800	158,800

Visa Inc.	Meeting Date
	20-Jan-10
Ticker: V

CUSIP: 92826C839

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Robert W. Matschullat	Mgmt	Yes	For	For
1.2	Elect Director Cathy E. Minehan	Mgmt	Yes	For	For
1.3	Elect Director David J. Pang	Mgmt	Yes	For	For
1.4	Elect Director William S. Shanahan	Mgmt	Yes	For	For
1.5	Elect Director John A. Swainson	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Sent	105,200	105,200
		Totals:	105,200	105,200

Air Products and Chemicals, Inc.	Meeting Date
	28-Jan-10
Ticker: APD

CUSIP: 009158106

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director William L. Davis, III	Mgmt	Yes	For	For
1.2	Elect Director W. Douglas Ford	Mgmt	Yes	For	For
1.3	Elect Director Evert Henkes	Mgmt	Yes	For	For
1.4	Elect Director Margaret G. McGlynn	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Omnibus Stock Plan	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Sent	73,750	73,750
		Totals:	73,750	73,750

Page 2 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

Costco Wholesale Corporation	Meeting Date
	28-Jan-10
Ticker: COST

CUSIP: 22160K105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director B.S. Carson, Sr., M.D.	Mgmt	Yes	For	For
1.2	Elect Director William H. Gates	Mgmt	Yes	For	For
1.3	Elect Director Hamilton E. James	Mgmt	Yes	For	For
1.4	Elect Director Jill S. Ruckelshaus	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Sent	139,300	139,300
		Totals:	139,300	139,300

Bank of America Corp.	Meeting Date
	23-Feb-10
Ticker: BAC

CUSIP: 060505104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Increase Authorized Common Stock	Mgmt	Yes	For	For
2	Adjourn Meeting	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	909,600	909,600
		Totals:	909,600	909,600

Apple Inc.	Meeting Date
	25-Feb-10
Ticker: AAPL

CUSIP: 037833100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director William V. Campbell	Mgmt	Yes	For	For
1.2	Elect Director Millard S. Drexler	Mgmt	Yes	For	For
1.3	Elect Director Albert A. Gore, Jr.	Mgmt	Yes	For	For

Page 3 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

1.4	Elect Director Steven P. Jobs	Mgmt	Yes	For	For
1.5	Elect Director Andrea Jung	Mgmt	Yes	For	For
1.6	Elect Director Arthur D. Levinson	Mgmt	Yes	For	For
1.7	Elect Director Jerome B. York	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Amend Non-Employee Director Omnibus Stock Plan	Mgmt	Yes	For	For
4	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For
5	Ratify Auditors	Mgmt	Yes	For	For
6	Prepare Sustainability Report	SH	Yes	Against	Against
7	Establish Other Board Committee	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Sent	42,400	42,400
		Totals:	42,400	42,400

QUALCOMM Incorporated	Meeting Date
	02-Mar-10
Ticker: QCOM

CUSIP: 747525103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Barbara T. Alexander	Mgmt	Yes	For	For
1.2	Elect Director Stephen M. Bennett	Mgmt	Yes	For	For
1.3	Elect Director Donald G. Cruickshank	Mgmt	Yes	For	For
1.4	Elect Director Raymond V. Dittamore	Mgmt	Yes	For	For
1.5	Elect Director Thomas W. Horton	Mgmt	Yes	For	For
1.6	Elect Director Irwin Mark Jacobs	Mgmt	Yes	For	For
1.7	Elect Director Paul E. Jacobs	Mgmt	Yes	For	For
1.8	Elect Director Robert E. Kahn	Mgmt	Yes	For	For
1.9	Elect Director Sherry Lansing	Mgmt	Yes	For	For
1.10	Elect Director Duane A. Nelles	Mgmt	Yes	For	For
1.11	Elect Director Brent Scowcroft	Mgmt	Yes	For	For
1.12	Elect Director Marc I. Stern	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Page 4 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Sent	317,700	317,700
		Totals:	317,700	317,700

Applied Materials, Inc.	Meeting Date
	09-Mar-10
Ticker: AMAT

CUSIP: 038222105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Michael R. Splinter	Mgmt	Yes	For	For
1.2	Elect Director Aart J. de Geus	Mgmt	Yes	For	For
1.3	Elect Director Stephen R. Forrest	Mgmt	Yes	For	For
1.4	Elect Director Thomas J. Iannotti	Mgmt	Yes	For	For
1.5	Elect Director Susan M. James	Mgmt	Yes	For	For
1.6	Elect Director Alexander A. Karsner	Mgmt	Yes	For	For
1.7	Elect Director Gerhard H. Parker	Mgmt	Yes	For	For
1.8	Elect Director Dennis D. Powell	Mgmt	Yes	For	For
1.9	Elect Director Willem P. Roelandts	Mgmt	Yes	For	For
1.10	Elect Director James E. Rogers	Mgmt	Yes	For	Withhold
1.11	Elect Director Robert H. Swan	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Sent	802,900	802,900
		Totals:	802,900	802,900

Hewlett-Packard Company	Meeting Date
	17-Mar-10
Ticker: HPQ

CUSIP: 428236103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Marc L. Andreessen	Mgmt	Yes	For	For
1.2	Elect Director Lawrence T. Babbio, Jr.	Mgmt	Yes	For	For
1.3	Elect Director Sari M. Baldauf	Mgmt	Yes	For	For
1.4	Elect Director Rajiv L. Gupta	Mgmt	Yes	For	For
1.5	Elect Director John H. Hammergren	Mgmt	Yes	For	For

Page 5 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

1.6	Elect Director Mark V. Hurd	Mgmt	Yes	For	For
1.7	Elect Director Joel Z. Hyatt	Mgmt	Yes	For	For
1.8	Elect Director John R. Joyce	Mgmt	Yes	For	For
1.9	Elect Director Robert L. Ryan	Mgmt	Yes	For	For
1.10	Elect Director Lucille S. Salhany	Mgmt	Yes	For	For
1.11	Elect Director G. Kennedy Thompson	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
4	Company Request on Advisory Vote on Executive Compensation	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	334,900	334,900
		Totals:	334,900	334,900

Schlumberger Ltd.	Meeting Date
	07-Apr-10
Ticker: SLB

CUSIP: 806857108

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect P. Camus as Director	Mgmt	Yes	For	For
1.2	Elect P. Currie as Director	Mgmt	Yes	For	For
1.3	Elect J.S. Gorelick as Director	Mgmt	Yes	For	For
1.4	Elect A. Gould as Director	Mgmt	Yes	For	For
1.5	Elect T. Isaac as Director	Mgmt	Yes	For	For
1.6	Elect K.V. Kamath as Director	Mgmt	Yes	For	For
1.7	Elect N. Kudryavtsev as Director	Mgmt	Yes	For	For
1.8	Elect A. Lajous as Director	Mgmt	Yes	For	For
1.9	Elect M.E. Marks as Director	Mgmt	Yes	For	For
1.10	Elect L.R. Reif as Director	Mgmt	Yes	For	For
1.11	Elect T.I. Sandvold as Director	Mgmt	Yes	For	For
1.12	Elect H. Seydoux as Director	Mgmt	Yes	For	For
2	Adopt and Approve Financials and Dividends	Mgmt	Yes	For	For
3	Approve 2010 Omnibus Stock Incentive Plan	Mgmt	Yes	For	For
4	Amend Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For
5	Ratify PricewaterhouseCoopers LLP as Auditors	Mgmt	Yes	For	For

Page 6 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Approved	145,000	145,000
		Totals:	145,000	145,000

PACCAR Inc	Meeting Date
	20-Apr-10
Ticker: PCAR

CUSIP: 693718108

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Alison J. Carnwath	Mgmt	Yes	For	For
1.2	Elect Director Robert T. Parry	Mgmt	Yes	For	For
1.3	Elect Director John M. Pigott	Mgmt	Yes	For	For
1.4	Elect Director Gregory M.E. Spierkel	Mgmt	Yes	For	For
2	Reduce Supermajority Vote Requirement	SH	Yes	Against	For
3	Require a Majority Vote for the Election of Directors	SH	Yes	Against	For
4	Limit Composition of Committee(s) to Independent Directors	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Sent	84,872	84,872
		Totals:	84,872	84,872

The Coca-Cola Company	Meeting Date
	21-Apr-10
Ticker: KO

CUSIP: 191216100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Herbert A. Allen	Mgmt	Yes	For	For
2	Elect Director Ronald W. Allen	Mgmt	Yes	For	For
3	Elect Director Cathleen P. Black	Mgmt	Yes	For	For
4	Elect Director Barry Diller	Mgmt	Yes	For	For
5	Elect Director Alexis M. Herman	Mgmt	Yes	For	For
6	Elect Director Muhtar Kent	Mgmt	Yes	For	For
7	Elect Director Donald R. Keough	Mgmt	Yes	For	For
8	Elect Director Maria Elena Lagomasino	Mgmt	Yes	For	For
9	Elect Director Donald F. McHenry	Mgmt	Yes	For	For
10	Elect Director Sam Nunn	Mgmt	Yes	For	For

Page 7 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

11	Elect Director James D. Robinson III	Mgmt	Yes	For	For
12	Elect Director Peter V. Ueberroth	Mgmt	Yes	For	For
13	Elect Director Jacob Wallenberg	Mgmt	Yes	For	For
14	Elect Director James B. Williams	Mgmt	Yes	For	For
15	Ratify Auditors	Mgmt	Yes	For	For
16	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
17	Require Independent Board Chairman	SH	Yes	Against	For
18	Performance-Based Equity Awards	SH	Yes	Against	Against
19	Publish Report on Chemical Bisphenol A (BPA)	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	213,100	213,100
		Totals:	213,100	213,100

Comerica Incorporated	Meeting Date
	27-Apr-10
Ticker: CMA

CUSIP: 200340107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Ralph W. Babb, Jr.	Mgmt	Yes	For	For
2	Elect Director James F. Cordes	Mgmt	Yes	For	For
3	Elect Director Jacqueline P. Kane	Mgmt	Yes	For	For
4	Ratify Auditors	Mgmt	Yes	For	For
5	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For
6	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
7	Declassify the Board of Directors	Mgmt	Yes	For	For
8	Eliminate Supermajority Vote Requirement	SH	Yes	Against	For
9	Claw-back of Payments under Restatements	SH	Yes	Against	For
10	Pay For Superior Performance	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	103,671	103,671
		Totals:	103,671	103,671

Page 8 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

LAZARD LTD	Meeting Date
	27-Apr-10
Ticker: LAZ

CUSIP: G54050102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Laurent Mignon as Director	Mgmt	Yes	For	For
1.2	Elect Gary W. Parr as Director	Mgmt	Yes	For	For
1.3	Elect Hal S. Scott as Director	Mgmt	Yes	For	For
2	Amend Bye-laws Re: Removal Procedure for Chairman and CEO	Mgmt	Yes	For	For
3	Approve Deloitte & Touche LLP as Auditors and Authorize Board to Fix Their Remuneration Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	169,300	169,300
		Totals:	169,300	169,300

Noble Energy, Inc.	Meeting Date
	27-Apr-10
Ticker: NBL

CUSIP: 655044105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Jeffrey L. Berenson	Mgmt	Yes	For	For
2	Elect Director Michael A. Cawley	Mgmt	Yes	For	For
3	Elect Director Edward F. Cox	Mgmt	Yes	For	For
4	Elect Director Charles D. Davidson	Mgmt	Yes	For	For
5	Elect Director Thomas J. Edelman	Mgmt	Yes	For	Against
6	Elect Director Eric P. Grubman	Mgmt	Yes	For	For
7	Elect Director Kirby L. Hedrick	Mgmt	Yes	For	For
8	Elect Director Scott D. Urban	Mgmt	Yes	For	For
9	Elect Director William T. Van Kleef	Mgmt	Yes	For	For
10	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	89,700	89,700
		Totals:	89,700	89,700

Page 9 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

Wells Fargo & Company	Meeting Date
	27-Apr-10
Ticker: WFC

CUSIP: 949746101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Election Director John D. Baker II	Mgmt	Yes	For	For
2	Election Director John S. Chen	Mgmt	Yes	For	For
3	Election Director Lloyd H. Dean	Mgmt	Yes	For	For
4	Election Director Susan E. Engel	Mgmt	Yes	For	For
5	Election Director Enrique Hernandez, Jr.	Mgmt	Yes	For	For
6	Election Director Donald M. James	Mgmt	Yes	For	For
7	Election Director Richard D. McCormick	Mgmt	Yes	For	For
8	Election Director Mackey J. McDonald	Mgmt	Yes	For	For
9	Election Director Cynthia H. Milligan	Mgmt	Yes	For	For
10	Elect Director Nicholas G. Moore	Mgmt	Yes	For	For
11	Elect Director Philip J. Quigley	Mgmt	Yes	For	For
12	Elect Director Judith M. Runstad	Mgmt	Yes	For	For
13	Elect Director Stephen W. Sanger	Mgmt	Yes	For	For
14	Elect Director Robert K. Steel	Mgmt	Yes	For	For
15	Elect Director John G. Stumpf	Mgmt	Yes	For	For
16	Elect Director an G. Swenson	Mgmt	Yes	For	For
17	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	Against
18	Increase Authorized Common Stock	Mgmt	Yes	For	For
19	Ratify Auditors	Mgmt	Yes	For	For
20	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
21	Require Independent Board Chairman	SH	Yes	Against	For
22	Report on Charitable Contributions	SH	Yes	Against	Against
23	Report on Political Contributions	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	607,225	607,225
		Totals:	607,225	607,225

Bank of America Corporation	Meeting Date
	28-Apr-10
Ticker: BAC

CUSIP: 060505104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Susan S. Bies	Mgmt	Yes	For	For
2	Elect Director William P. Boardman	Mgmt	Yes	For	For

Page 10 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

3	Elect Director Frank P. Bramble, Sr.	Mgmt	Yes	For	For
4	Elect Director Virgis W. Colbert	Mgmt	Yes	For	For
5	Elect Director Charles K. Gifford	Mgmt	Yes	For	For
6	Elect Director Charles O. Holliday, Jr.	Mgmt	Yes	For	For
7	Elect Director D. Paul Jones, Jr.	Mgmt	Yes	For	For
8	Elect Director Monica C. Lozano	Mgmt	Yes	For	For
9	Elect Director Thomas J. May	Mgmt	Yes	For	For
10	Elect Director Brian T. Moynihan	Mgmt	Yes	For	For
11	Elect Director Donald E. Powell	Mgmt	Yes	For	For
12	Elect Director Charles O. Rossotti	Mgmt	Yes	For	For
13	Elect Director Robert W. Scully	Mgmt	Yes	For	For
14	Ratify Auditors	Mgmt	Yes	For	For
15	Increase Authorized Common Stock	Mgmt	Yes	For	For
16	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	Against
17	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
18	Report on Government Service of Employees	SH	Yes	Against	Against
19	TARP Related Compensation	SH	Yes	Against	Against
20	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For
21	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
22	Adopt Policy on Succession Planning	SH	Yes	Against	Against
23	Report on Collateral in Derivatives Trading	SH	Yes	Against	Against
24	Claw-back of Payments under Restatements	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	1,020,057	1,020,057
		Totals:	1,020,057	1,020,057

Eaton Corporation	Meeting Date
	28-Apr-10
Ticker: ETN

CUSIP: 278058102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Todd M. Bluedorn	Mgmt	Yes	For	For
2	Elect Director Christopher M. Connor	Mgmt	Yes	For	For
3	Elect Director Michael J. Critelli	Mgmt	Yes	For	For
4	Elect Director Charles E. Golden	Mgmt	Yes	For	For

Page 11 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

5	Elect Director Ernie Green	Mgmt	Yes	For	For
6	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	21,423	21,423
		Totals:	21,423	21,423

Textron Inc.	Meeting Date
	28-Apr-10
Ticker: TXT

CUSIP: 883203101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Kathleen M. Bader	Mgmt	Yes	For	For
2	Elect Director R. Kerry Clark	Mgmt	Yes	For	For
3	Elect Director Ivor J. Evans	Mgmt	Yes	For	For
4	Elect Director Lord Powell of Bayswater	Mgmt	Yes	For	For
5	Elect Director James L. Ziemer	Mgmt	Yes	For	For
6	Approve Option Exchange Program	Mgmt	Yes	For	For
7	Declassify the Board of Directors and Adjust Par Value of Preferred Stock	Mgmt	Yes	For	For
8	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	723,400	723,400
		Totals:	723,400	723,400

Capital One Financial Corporation	Meeting Date
	29-Apr-10
Ticker: COF

CUSIP: 14040H105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director W. Ronald Dietz	Mgmt	Yes	For	For
2	Elect Director Lewis Hay, III	Mgmt	Yes	For	For
3	Elect Director Mayo A. Shattuck III	Mgmt	Yes	For	For
4	Ratify Auditors	Mgmt	Yes	For	For
5	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For
6	Stock Retention/Holding Period	SH	Yes	Against	Against

Page 12 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

7 Declassify the Board of Directors SH Yes Against For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	497,350	497,350
		Totals:	497,350	497,350

Baxter International Inc.	Meeting Date
	04-May-10
Ticker: BAX

CUSIP: 071813109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Blake E. Devitt	Mgmt	Yes	For	For
2	Elect Director John D. Forsyth	Mgmt	Yes	For	For
3	Elect Director Gail D. Fosler	Mgmt	Yes	For	For
4	Elect Director Carole J. Shapazian	Mgmt	Yes	For	For
5	Ratify Auditors	Mgmt	Yes	For	For
6	Reduce Supermajority Vote Requirement	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	142,900	142,900
		Totals:	142,900	142,900

Altera Corporation	Meeting Date
	06-May-10
Ticker: ALTR

CUSIP: 021441100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director John P. Daane	Mgmt	Yes	For	For
2	Elect Director Robert J. Finocchio, Jr.	Mgmt	Yes	For	For
3	Elect Director Kevin McGarity	Mgmt	Yes	For	For
4	Elect Director T. Michael Nevens	Mgmt	Yes	For	For
5	Elect Director Krish A. Prabhu	Mgmt	Yes	For	For
6	Elect Director John Shoemaker	Mgmt	Yes	For	For
7	Elect Director Susan Wang	Mgmt	Yes	For	For
8	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
9	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
10	Amend Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For

Page 13 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

11	Ratify Auditors	Mgmt	Yes	For	For
12	Reduce Supermajority Vote Requirement	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	138,900	138,900
		Totals:	138,900	138,900

Union Pacific Corporation	Meeting Date
	06-May-10
Ticker: UNP

CUSIP: 907818108

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Andrew H. Card, Jr.	Mgmt	Yes	For	For
2	Elect Director Erroll B. Davis, Jr.	Mgmt	Yes	For	For
3	Elect Director Thomas J. Donohue	Mgmt	Yes	For	For
4	Elect Director Archie W. Dunham	Mgmt	Yes	For	For
5	Elect Director Judith Richards Hope	Mgmt	Yes	For	For
6	Elect Director Charles C. Krulak	Mgmt	Yes	For	For
7	Elect Director Michael R. McCarthy	Mgmt	Yes	For	For
8	Elect Director Michael W. McConnell	Mgmt	Yes	For	For
9	Elect Director Thomas F. McLarty III	Mgmt	Yes	For	For
10	Elect Director Steven R. Rogel	Mgmt	Yes	For	For
11	Elect Director Jose H. Villarreal	Mgmt	Yes	For	For
12	Elect Director James R. Young	Mgmt	Yes	For	For
13	Ratify Auditors	Mgmt	Yes	For	For
14	Require Independent Board Chairman	SH	Yes	Against	Against
15	Reduce Supermajority Vote Requirement	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	222,300	222,300
		Totals:	222,300	222,300

Page 14 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

ArcelorMittal	Meeting Date
	11-May-10
Ticker: N/A

CUSIP: N/A

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Meeting for ADR Holders	Mgmt	No
1	Receive and Approve Directors’ and Auditors’ Reports	Mgmt	No
2	Accept Consolidated Financial Statements	Mgmt	Yes	For	For
3	Accept Financial Statements	Mgmt	Yes	For	For
4	Approve Allocation of Income and Dividends of USD 0.75 per Share	Mgmt	Yes	For	For
5	Approve Remuneration of Directors	Mgmt	Yes	For	For
6	Approve Discharge of Directors	Mgmt	Yes	For	For
7	Acknowledge Cooptation of Jeannot Krecke as Director	Mgmt	Yes	For	For
8	Reelect Vanisha Mittal Bhatia as Director	Mgmt	Yes	For	For
9	Elect Jeannot Krecke as Director	Mgmt	Yes	For	For
10	Approve Share Repurchase Program	Mgmt	Yes	For	For
11	Ratify Deloitte SA as Auditors	Mgmt	Yes	For	For
12	Approve Share Plan Grant	Mgmt	Yes	For	For
13	Approve Employee Stock Purchase Plan	Mgmt	Yes	For	For
14	Waive Requirement for Mandatory Offer to All Shareholders	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	101,500	101,500
		Totals:	101,500	101,500

Gilead Sciences, Inc.	Meeting Date
	11-May-10
Ticker: GILD

CUSIP: 375558103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Paul Berg	Mgmt	Yes	For	For
1.2	Elect Director John F. Cogan	Mgmt	Yes	For	For
1.3	Elect Director Etienne F. Davignon	Mgmt	Yes	For	For
1.4	Elect Director James M. Denny	Mgmt	Yes	For	For
1.5	Elect Director Carla A. Hills	Mgmt	Yes	For	For
1.6	Elect Director Kevin E. Lofton	Mgmt	Yes	For	For
1.7	Elect Director John W. Madigan	Mgmt	Yes	For	For
1.8	Elect Director John C. Martin	Mgmt	Yes	For	For
1.9	Elect Director Gordon E. Moore	Mgmt	Yes	For	For
1.10	Elect Director Nicholas G. Moore	Mgmt	Yes	For	For
1.11	Elect Director Richard J. Whitley	Mgmt	Yes	For	For

Page 15 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

1.12	Elect Director Gayle E. Wilson	Mgmt	Yes	For	For
1.13	Elect Director Per Wold-Olsen	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Reduce Supermajority Vote Requirement	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	25,800	25,800
		Totals:	25,800	25,800

Amgen, Inc.	Meeting Date
	12-May-10
Ticker: AMGN

CUSIP: 031162100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Dr. David Baltimore	Mgmt	Yes	For	For
2	Elect Director Frank J. Biondi, Jr.	Mgmt	Yes	For	For
3	Elect Director Francois De Carbonnel	Mgmt	Yes	For	For
4	Elect Director Jerry D. Choate	Mgmt	Yes	For	For
5	Elect Director Dr. Vance D. Coffman	Mgmt	Yes	For	For
6	Elect Director Frederick W. Gluck	Mgmt	Yes	For	For
7	Elect Director Dr. Rebecca M. Henderson	Mgmt	Yes	For	For
8	Elect Director Frank C. Herringer	Mgmt	Yes	For	For
9	Elect Director Dr. Gilbert S. Omenn	Mgmt	Yes	For	For
10	Elect Director Judith C. Pelham	Mgmt	Yes	For	For
11	Elect Director Adm. J. Paul Reason, USN (Retired)	Mgmt	Yes	For	For
12	Elect Director Leonard D. Schaeffer	Mgmt	Yes	For	For
13	Elect Director Kevin W. Sharer	Mgmt	Yes	For	For
14	Ratify Auditors	Mgmt	Yes	For	For
15	Provide Right to Act by Written Consent	SH	Yes	Against	For
16	Stock Retention/Holding Period	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	195,200	195,200
		Totals:	195,200	195,200

Page 16 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

Juniper Networks, Inc.	Meeting Date
	12-May-10
Ticker: JNPR

CUSIP: 48203R104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Pradeep Sindhu	Mgmt	Yes	For	For
1.2	Elect Director Robert M. Calderoni	Mgmt	Yes	For	For
1.3	Elect Director William F. Meehan	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	352,122	352,122
		Totals:	352,122	352,122

Philip Morris International Inc.	Meeting Date
	12-May-10
Ticker: PM

CUSIP: 718172109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Harold Brown	Mgmt	Yes	For	For
2	Elect Director Mathis Cabiallavetta	Mgmt	Yes	For	For
3	Elect Director Louis C. Camilleri	Mgmt	Yes	For	For
4	Elect Director J. Dudley Fishburn	Mgmt	Yes	For	For
5	Elect Director Jennifer Li	Mgmt	Yes	For	For
6	Elect Director Graham Mackay	Mgmt	Yes	For	For
7	Elect Director Sergio Marchionne	Mgmt	Yes	For	For
8	Elect Director Lucio A. Noto	Mgmt	Yes	For	For
9	Elect Director Carlos Slim Helu	Mgmt	Yes	For	For
10	Elect Director Stephen M. Wolf	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For
12	Report on Effect of Marketing Practices on the Poor	SH	Yes	Against	Against
13	Establish Supplier Human Rights Purchasing Protocols	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	162,400	162,400
		Totals:	162,400	162,400

Page 17 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

Wynn Resorts, Limited	Meeting Date
	12-May-10
Ticker: WYNN

CUSIP: 983134107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Stephen A. Wynn	Mgmt	Yes	For	For
1.2	Elect Director Ray R. Irani	Mgmt	Yes	For	For
1.3	Elect Director Alvin V. Shoemaker	Mgmt	Yes	For	For
1.4	Elect Director D. Boone Wayson	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	89,904	89,904
		Totals:	89,904	89,904

Starwood Hotels & Resorts Worldwide, Inc.	Meeting Date
	13-May-10
Ticker: HOT

CUSIP: 85590A401

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Adam M. Aron	Mgmt	Yes	For	For
1.2	Elect Director Charlene Barshefsky	Mgmt	Yes	For	For
1.3	Elect Director Thomas E. Clarke	Mgmt	Yes	For	For
1.4	Elect Director Clayton C. Daley, Jr.	Mgmt	Yes	For	For
1.5	Elect Director Bruce W. Duncan	Mgmt	Yes	For	For
1.6	Elect Director Lizanne Galbreath	Mgmt	Yes	For	For
1.7	Elect Director Eric Hippeau	Mgmt	Yes	For	For
1.8	Elect Director Stephen R. Quazzo	Mgmt	Yes	For	For
1.9	Elect Director Thomas O. Ryder	Mgmt	Yes	For	For
1.10	Elect Director Frits van Paasschen	Mgmt	Yes	For	For
1.11	Elect Director Kneeland C. Youngblood	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Executive Incentive Bonus Plan	Mgmt	Yes	For	For

Page 18 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	165,800	165,800
		Totals:	165,800	165,800

The Charles Schwab Corporation	Meeting Date
	13-May-10
Ticker: SCHW

CUSIP: 808513105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Arun Sarin	Mgmt	Yes	For	For
1.2	Elect Director Paula A. Sneed	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Executive Incentive Bonus Plan	Mgmt	Yes	For	For
4	Report on Political Contributions	SH	Yes	Against	Against
5	Adopt a Policy in which the Company will not Make or Promise to Make Any Death Benefit Payments to Senior Executives	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	489,632	489,632
		Totals:	489,632	489,632

The Dow Chemical Company	Meeting Date
	13-May-10
Ticker: DOW

CUSIP: 260543103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Arnold A. Allemang	Mgmt	Yes	For	For
2	Elect Director Jacqueline K. Barton	Mgmt	Yes	For	For
3	Elect Director James A. Bell	Mgmt	Yes	For	For
4	Elect Director Jeff M. Fettig	Mgmt	Yes	For	For
5	Elect Director Barbara H. Franklin	Mgmt	Yes	For	For
6	Elect Director John B. Hess	Mgmt	Yes	For	For
7	Elect Director Andrew N. Liveris	Mgmt	Yes	For	For
8	Elect Director Paul Polman	Mgmt	Yes	For	For
9	Elect Director Dennis H. Reilley	Mgmt	Yes	For	For
10	Elect Director James M. Ringler	Mgmt	Yes	For	For

Page 19 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

11	Elect Director Ruth G. Shaw	Mgmt	Yes	For	For
12	Elect Director Paul G. Stern	Mgmt	Yes	For	For
13	Ratify Auditors	Mgmt	Yes	For	For
14	Provide Right to Call Special Meeting	Mgmt	Yes	For	For
15	Report on Environmental Remediation in Midland Area	SH	Yes	Against	Against
16	Stock Retention/Holding Period	SH	Yes	Against	Against
17	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	422,100	422,100
		Totals:	422,100	422,100

Macy’s, Inc.	Meeting
	Date
	14-May-10
Ticker: M

CUSIP: 55616P104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Stephen F. Bollenbach	Mgmt	Yes	For	For
1.2	Elect Director Deirdre P. Connelly	Mgmt	Yes	For	For
1.3	Elect Director Meyer Feldberg	Mgmt	Yes	For	For
1.4	Elect Director Sara Levinson	Mgmt	Yes	For	For
1.5	Elect Director Terry J. Lundgren	Mgmt	Yes	For	For
1.6	Elect Director Joseph Neubauer	Mgmt	Yes	For	For
1.7	Elect Director Joseph A. Pichler	Mgmt	Yes	For	For
1.8	Elect Director Joyce M. Roché	Mgmt	Yes	For	For
1.9	Elect Director Craig E. Weatherup	Mgmt	Yes	For	For
1.10	Elect Director Marna C. Whittington	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Certificate of Incorporation to Reduce Supermajority Vote Requirements and Eliminate Certain Provisions	Mgmt	Yes	For	For
4	Require a Majority Vote for the Election of Directors	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	470,048	470,048
		Totals:	470,048	470,048

Page 20 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

JPMorgan Chase & Co.	Meeting Date
	18-May-10
Ticker: JPM

CUSIP: 46625H100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Crandall C. Bowles	Mgmt	Yes	For	For
1.2	Elect Director Stephen B. Burke	Mgmt	Yes	For	For
1.3	Elect Director David M. Cote	Mgmt	Yes	For	For
1.4	Elect Director James S. Crown	Mgmt	Yes	For	For
1.5	Elect Director James Dimon	Mgmt	Yes	For	For
1.6	Elect Director Ellen V. Futter	Mgmt	Yes	For	For
1.7	Elect Director William H. Gray, III	Mgmt	Yes	For	For
1.8	Elect Director Laban P. Jackson, Jr.	Mgmt	Yes	For	For
1.9	Elect Director David C. Novak	Mgmt	Yes	For	For
1.10	Elect Director Lee R. Raymond	Mgmt	Yes	For	For
1.11	Elect Director William C. Weldon	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For
4	Affirm Political Non-Partisanship	SH	Yes	Against	For
5	Amend Bylaws — Call Special Meetings	SH	Yes	Against	For
6	Report on Collateral in Derivatives Trading	SH	Yes	Against	For
7	Provide Right to Act by Written Consent	SH	Yes	Against	For
8	Require Independent Board Chairman	SH	Yes	Against	Against
9	Report on Pay Disparity	SH	Yes	Against	Against
10	Stock Retention/Holding Period	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	252,643	252,643
		Totals:	252,643	252,643

Nordstrom, Inc.	Meeting Date
	18-May-10
Ticker: JWN

CUSIP: 655664100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Phyllis J. Campbell	Mgmt	Yes	For	For

Page 21 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

2	Elect Director Enrique Hernandez, Jr.	Mgmt	Yes	For	For
3	Elect Director Robert G. Miller	Mgmt	Yes	For	For
4	Elect Director Blake W. Nordstrom	Mgmt	Yes	For	For
5	Elect Director Erik B. Nordstrom	Mgmt	Yes	For	For
6	Elect Director Peter E. Nordstrom	Mgmt	Yes	For	For
7	Elect Director Philip G. Satre	Mgmt	Yes	For	For
8	Elect Director Robert D. Walter	Mgmt	Yes	For	For
9	Elect Director Alison A. Winter	Mgmt	Yes	For	For
10	Approve Omnibus Stock Plan	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	322,520	322,520
		Totals:	322,520	322,520

Southwestern Energy Company	Meeting Date
	18-May-10
Ticker: SWN

CUSIP: 845467109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Lewis E. Epley, Jr.	Mgmt	Yes	For	For
1.2	Elect Director Robert L. Howard	Mgmt	Yes	For	For
1.3	Elect Director Harold M. Korell	Mgmt	Yes	For	For
1.4	Elect Director Vello A. Kuuskraa	Mgmt	Yes	For	For
1.5	Elect Director Kenneth R. Mourton	Mgmt	Yes	For	For
1.6	Elect Director Steven L. Mueller	Mgmt	Yes	For	For
1.7	Elect Director Charles E. Scharlau	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Increase Authorized Common Stock	Mgmt	Yes	For	For
4	Require a Majority Vote for the Election of Directors	SH	Yes	Against	For
5	Report on Political Contributions	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	149,358	149,358
		Totals:	149,358	149,358

Page 22 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

Halliburton Company	Meeting Date
	19-May-10
Ticker: HAL

CUSIP: 406216101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director A.M. Bennett	Mgmt	Yes	For	For
2	Elect Director J.R. Boyd	Mgmt	Yes	For	For
3	Elect Director M. Carroll	Mgmt	Yes	For	For
4	Elect Director N.K. Dicciani	Mgmt	Yes	For	For
5	Elect Director S.M. Gillis	Mgmt	Yes	For	For
6	Elect Director J.T. Hackett	Mgmt	Yes	For	For
7	Elect Director D.J. Lesar	Mgmt	Yes	For	For
8	Elect Director R.A. Malone	Mgmt	Yes	For	For
9	Elect Director J.L. Martin	Mgmt	Yes	For	For
10	Elect Director D.L. Reed	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For
12	Review and Assess Human Rights Policies	SH	Yes	Against	Against
13	Report on Political Contributions	SH	Yes	Against	Against
14	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
15	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	443,600	443,600
		Totals:	443,600	443,600

Intel Corporation	Meeting Date
	19-May-10
Ticker: INTC

CUSIP: 458140100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Charlene Barshefsky	Mgmt	Yes	For	For
2	Elect Director Susan L. Decker	Mgmt	Yes	For	For
3	Elect Director John J. Donahoe	Mgmt	Yes	For	For
4	Elect Director Reed E. Hundt	Mgmt	Yes	For	For
5	Elect Director Paul S. Otellini	Mgmt	Yes	For	For
6	Elect Director James D. Plummer	Mgmt	Yes	For	For

Page 23 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

7	Elect Director David S. Pottruck	Mgmt	Yes	For	For
8	Elect Director Jane E. Shaw	Mgmt	Yes	For	For
9	Elect Director Frank D. Yeary	Mgmt	Yes	For	For
10	Elect Director David B. Yoffie	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For
12	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	214,220	214,220
		Totals:	214,220	214,220

Amazon.com, Inc.	Meeting Date
	25-May-10
Tiker: AMZN

CUSIP: 023135106

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Jeffrey P. Bezos	Mgmt	Yes	For	For
2	Elect Director Tom A. Alberg	Mgmt	Yes	For	For
3	Elect Director John Seely Brown	Mgmt	Yes	For	For
4	Elect Director William B. Gordon	Mgmt	Yes	For	For
5	Elect Director Alain Monie	Mgmt	Yes	For	For
6	Elect Director Thomas O. Ryder	Mgmt	Yes	For	For
7	Elect Director Patricia Q. Stonesifer	Mgmt	Yes	For	For
8	Ratify Auditors	Mgmt	Yes	For	For
9	Report on Political Contributions	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	44,673	44,673
		Totals:	44,673	44,673

Omnicom Group Inc.	Meeting Date
	25-May-10
Tiker: OMC

CUSIP: 681919106

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director John D. Wren	Mgmt	Yes	For	For

Page 24 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

1.2	Elect Director Bruce Crawford	Mgmt	Yes	For	For
1.3	Elect Director Alan R. Batkin	Mgmt	Yes	For	For
1.4	Elect Director Robert Charles Clark	Mgmt	Yes	For	For
1.5	Elect Director Leonard S. Coleman, Jr.	Mgmt	Yes	For	For
1.6	Elect Director Errol M. Cook	Mgmt	Yes	For	For
1.7	Elect Director Susan S. Denison	Mgmt	Yes	For	For
1.8	Elect Director Michael A. Henning	Mgmt	Yes	For	For
1.9	Elect Director John R. Murphy	Mgmt	Yes	For	For
1.10	Elect Director John R. Purcell	Mgmt	Yes	For	For
1.11	Elect Director Linda Johnson Rice	Mgmt	Yes	For	For
1.12	Elect Director Gary L. Roubos	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
4	Adopt Majority Voting for Uncontested Election of Directors	Mgmt	Yes	For	For
5	Reimburse Proxy Contest Expenses	SH	Yes	Against	Against
6	Adopt a Policy in which the Company will not Make or Promise to Make Any Death Benefit Payments to Senior Executives	SH	Yes	Against	Against
7	Reduce Supermajority Vote Requirement	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	82,200	82,200
		Totals:	82,200	82,200

First Solar, Inc.	Meeting Date
	01-Jun-10
Ticker: FSLR

CUSIP: 336433107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Michael J. Ahearn	Mgmt	Yes	For	For
1.2	Elect Director Robert J. Gillette	Mgmt	Yes	For	For
1.3	Elect Director Craig Kennedy	Mgmt	Yes	For	For
1.4	Elect Director James F. Nolan	Mgmt	Yes	For	For
1.5	Elect Director William J. Post	Mgmt	Yes	For	For
1.6	Elect Director J. Thomas Presby	Mgmt	Yes	For	For
1.7	Elect Director Paul H. Stebbins	Mgmt	Yes	For	For
1.8	Elect Director Michael Sweeney	Mgmt	Yes	For	For
1.9	Elect Director Jose H. Villarreal	Mgmt	Yes	For	For

Page 25 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

2	Approve Omnibus Stock Plan	Mgmt	Yes	For	Against
3	Approve Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For
4	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Sent	22,235	22,235
		Totals:	22,235	22,235

Target Corporation	Meeting Date
	09-Jun-10
Ticker: TGT

CUSIP: 87612E106

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Calvin Darden	Mgmt	Yes	For	For
2	Elect Director Anne M. Mulcahy	Mgmt	Yes	For	For
3	Elect Director Stephen W. Sanger	Mgmt	Yes	For	For
4	Elect Director Gregg W. Steinhafel	Mgmt	Yes	For	For
5	Ratify Auditors	Mgmt	Yes	For	For
6	Declassify the Board of Directors	Mgmt	Yes	For	For
7	Reduce Supermajority Vote Requirement	Mgmt	Yes	For	For
8	Amend Articles of Incorporation	Mgmt	Yes	For	For
9	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	101,894	101,894
		Totals:	101,894	101,894

Teva Pharmaceutical Industries Ltd.	Meeting Date
	29-Jun-10
Ticker: N/A

CUSIP: M8769Q102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Meeting for ADR Holders	Mgmt	No
1	Approve Final Dividend of NIS 2.50 (USD 0.642) Per Share	Mgmt	Yes	For	For
2	Election Of Director: Mr. Abraham E. Cohen	Mgmt	Yes	For	For
3	Election Of Director: Mr. Amir Elstein	Mgmt	Yes	For	For

Page 26 of 27

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 95 Ivy Funds VIP Core Equity

4	Election Of Director: Prof. Roger Kornberg	Mgmt	Yes	For	For
5	Election Of Director: Prof. Moshe Many	Mgmt	Yes	For	For
6	Election Of Director: Mr. Dan Propper	Mgmt	Yes	For	For
7	Approve Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
8	Approve Stock Option Plan	Mgmt	Yes	For	For
9	Approve Compensation of Board Chairman	Mgmt	Yes	For	For
10	Approve Compensation of Director	Mgmt	Yes	For	For
11	Approve Compensation of Director	Mgmt	Yes	For	For
12	Increase Authorized Share Capital	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
95 Ivy Funds VIP Core Equity, 95	115910.1	Confirmed	134,750	134,750
		Totals:	134,750	134,750

Page 27 of 27

IVY FUNDS VIP DIVIDEND OPPORTUNITIES

Proxy Voting Record

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

Microchip Technology Incorporated	Meeting Date
	14-Aug-09
Ticker: MCHP

CUSIP: 595017104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Steve Sanghi	Mgmt	Yes	For	For
1.2	Elect Director Albert J. Hugo-martinez	Mgmt	Yes	For	For
1.3	Elect Director L.b. Day	Mgmt	Yes	For	For
1.4	Elect Director Matthew W. Chapman	Mgmt	Yes	For	For
1.5	Elect Director Wade F. Meyercord	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	216,458	216,458
		Totals:	216,458	216,458

Medtronic, Inc.	Meeting Date
	27-Aug-09
Ticker: MDT

CUSIP: 585055106

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Richard H. Anderson	Mgmt	Yes	For	For
1.2	Elect Director Victor J. Dzau	Mgmt	Yes	For	For
1.3	Elect Director William A. Hawkins	Mgmt	Yes	For	For
1.4	Elect Director S. Ann Jackson	Mgmt	Yes	For	For
1.5	Elect Director Denise M. O’Leary	Mgmt	Yes	For	For
1.6	Elect Director Robert C. Pozen	Mgmt	Yes	For	For
1.7	Elect Director Jean-pierre Rosso	Mgmt	Yes	For	For
1.8	Elect Director Jack W. Schuler	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For
4	Amend Omnibus Stock Plan	Mgmt	Yes	For	For

Page 1 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	71,248	71,248
		Totals:	71,248	71,248

The Procter & Gamble Company	Meeting Date
	13-Oct-09
Ticker: PG

CUSIP: 742718109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Kenneth I. Chenault	Mgmt	Yes	For	For
2	Elect Director Scott D. Cook	Mgmt	Yes	For	Against
3	Elect Director Rajat K. Gupta	Mgmt	Yes	For	For
4	Elect Director A.G. Lafley	Mgmt	Yes	For	For
5	Elect Director Charles R. Lee	Mgmt	Yes	For	For
6	Elect Director Lynn M. Martin	Mgmt	Yes	For	For
7	Elect Director Robert A. McDonald	Mgmt	Yes	For	For
8	Elect Director W. James McNerney, Jr.	Mgmt	Yes	For	For
9	Elect Director Johnathan A. Rodgers	Mgmt	Yes	For	For
10	Elect Director Ralph Snyderman	Mgmt	Yes	For	For
11	Elect Director Mary Agnes Wilderotter	Mgmt	Yes	For	For
12	Elect Director Patricia A. Woertz	Mgmt	Yes	For	For
13	Elect Director Ernesto Zedillo	Mgmt	Yes	For	For
14	Ratify Auditors	Mgmt	Yes	For	For
15	Amend Code of Regulations	Mgmt	Yes	For	For
16	Approve Omnibus Stock Plan	Mgmt	Yes	For	For
17	Provide for Cumulative Voting	SH	Yes	Against	Against
18	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	29,568	29,568
		Totals:	29,568	29,568

Page 2 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

Diageo plc	Meeting Date
	14-Oct-09
Ticker: N/A

CUSIP: G42089113

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Meeting for ADR Holders	Mgmt	No	None	None
1	Report And Accounts 2009	Mgmt	Yes	For	For
2	Directors Remuneration Report 2009	Mgmt	Yes	For	For
3	Declaration Of Final Dividend	Mgmt	Yes	For	For
4	Re-election Of LM Danon As A Director	Mgmt	Yes	For	For
5	Re-election Of Lord Hollick As A Director	Mgmt	Yes	For	For
6	Re-election Of PS Walsh As A Director	Mgmt	Yes	For	For
7	Election Of PB Bruzelius As A Director	Mgmt	Yes	For	For
8	Election Of BD Holden As A Director	Mgmt	Yes	For	For
9	Re-appointment Of Auditor	Mgmt	Yes	For	For
10	Remuneration Of Auditor	Mgmt	Yes	For	For
11	Authority To Allot Shares	Mgmt	Yes	For	Against
12	Disapplication Of Pre-emption Rights	Mgmt	Yes	For	For
13	Authority To Purchase Own Ordinary Shares	Mgmt	Yes	For	For
14	Authority To Make Political Donations And/or To Incur Political Expenditure In The EU.	Mgmt	Yes	For	For
15	Adoption Of The Diageo Plc 2009 Discretionary Incentive Plan	Mgmt	Yes	For	For
16	Adoption Of The Diageo Plc 2009 Executive Long Term Incentive Plan	Mgmt	Yes	For	Against
17	Adoption Of The Diageo Plc International Sharematch Plan 2009	Mgmt	Yes	For	For
18	Authority To Establish International Share Plans	Mgmt	Yes	For	Against
19	Adoption Of The Diageo Plc 2009 Irish Sharesave Plan	Mgmt	Yes	For	For
20	Amendments To The Rules Of Diageo Plc Executive Share Option Plan	Mgmt	Yes	For	For
21	Amendments To The Rules Of Diageo Plc 2008 Senior Executive Share Option Plan	Mgmt	Yes	For	For
22	Amendments To The Rules Of Diageo Plc Senior Executive Share Option Plan	Mgmt	Yes	For	For
23	Reduced Notice Of A General Meeting Other Than An Annual General Meeting	Mgmt	Yes	For	For
24	Adoption Of Articles Of Association	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	46,111	46,111
		Totals:	46,111	46,111

Page 3 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

Microsoft Corporation	Meeting Date
	19-Nov-09
Ticker: MSFT

CUSIP: 594918104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director William H. Gates, III	Mgmt	Yes	For	For
2	Elect Director Steven A. Ballmer	Mgmt	Yes	For	For
3	Elect Director Dina Dublon	Mgmt	Yes	For	For
4	Elect Director Raymond V. Gilmartin	Mgmt	Yes	For	For
5	Elect Director Reed Hastings	Mgmt	Yes	For	For
6	Elect Director Maria Klawe	Mgmt	Yes	For	For
7	Elect Director David F. Marquardt	Mgmt	Yes	For	For
8	Elect Director Charles H. Noski	Mgmt	Yes	For	For
9	Elect Director Helmut Panke	Mgmt	Yes	For	For
10	Ratify Auditors	Mgmt	Yes	For	For
11	Permit Right to Call Special Meeting	Mgmt	Yes	For	For
12	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For
13	Adopt Principles for Health Care Reform	SH	Yes	Against	Against
14	Report on Charitable Contributions	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	128,950	128,950
		Totals:	128,950	128,950

Visa Inc.	Meeting Date
	20-Jan-10
Ticker: V

CUSIP: 92826C839

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Robert W. Matschullat	Mgmt	Yes	For	For
1.2	Elect Director Cathy E. Minehan	Mgmt	Yes	For	For
1.3	Elect Director David J. Pang	Mgmt	Yes	For	For
1.4	Elect Director William S. Shanahan	Mgmt	Yes	For	For
1.5	Elect Director John A. Swainson	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Page 4 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Sent	31,050	31,050
		Totals:	31,050	31,050

Monsanto Co.	Meeting Date
	26-Jan-10
Ticker: MON

CUSIP: 61166W101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Frank V. AtLee III	Mgmt	Yes	For	For
2	Elect Director David L. Chicoine	Mgmt	Yes	For	For
3	Elect Director Arthur H. Harper	Mgmt	Yes	For	For
4	Elect Director Gwendolyn S. King	Mgmt	Yes	For	For
5	Ratify Auditors	Mgmt	Yes	For	For
6	Amend Omnibus Stock Plan	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	41,656	41,656
		Totals:	41,656	41,656

Air Products and Chemicals, Inc.	Meeting Date
	28-Jan-10
Ticker: APD

CUSIP: 009158106

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director William L. Davis, III	Mgmt	Yes	For	For
1.2	Elect Director W. Douglas Ford	Mgmt	Yes	For	For
1.3	Elect Director Evert Henkes	Mgmt	Yes	For	For
1.4	Elect Director Margaret G. McGlynn	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Omnibus Stock Plan	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Sent	45,870	45,870
		Totals:	45,870	45,870

Page 5 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

D.R. Horton, Inc.	Meeting Date
	28-Jan-10
Ticker: DHI

CUSIP: 23331A109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Donald R. Horton	Mgmt	Yes	For	For
1.2	Elect Director Bradley S. Anderson	Mgmt	Yes	For	For
1.3	Elect Director Michael R. Buchanan	Mgmt	Yes	For	For
1.4	Elect Director Michael W. Hewatt	Mgmt	Yes	For	For
1.5	Elect Director Bob G. Scott	Mgmt	Yes	For	For
1.6	Elect Director Donald J. Tomnitz	Mgmt	Yes	For	For
1.7	Elect Director Bill W. Wheat	Mgmt	Yes	For	For
2	Approve Shareholder Rights Plan (Poison Pill)	Mgmt	Yes	For	Against
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Sent	141,650	141,650
		Totals:	141,650	141,650

Emerson Electric Co.	Meeting Date
	02-Feb-10
Ticker: EMR

CUSIP: 291011104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director C. A. H. Boersig	Mgmt	Yes	For	For
1.2	Elect Director C. Fernandez G.	Mgmt	Yes	For	For
1.3	Elect Director W. J. Galvin	Mgmt	Yes	For	For
1.4	Elect Director R. L. Stephenson	Mgmt	Yes	For	For
1.5	Elect Director V. R. Loucks, Jr.	Mgmt	Yes	For	For
1.6	Elect Director R. L. Ridgway	Mgmt	Yes	For	For
2	Amend Executive Incentive Bonus Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Sent	82,268	82,268
		Totals:	82,268	82,268

Page 6 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

Burlington Northern Santa Fe Corp.	Meeting Date
	11-Feb-10
Ticker: BNI

CUSIP: 12189T104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve Merger Agreement	Mgmt	Yes	For	For
2	Adjourn Meeting	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	26,274	26,274
		Totals:	26,274	26,274

Bank of America Corp.	Meeting Date
	23-Feb-10
Ticker: BAC

CUSIP: 060505104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Increase Authorized Common Stock	Mgmt	Yes	For	For
2	Adjourn Meeting	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	213,950	213,950
		Totals:	213,950	213,950

Deere & Co.	Meeting Date
	24-Feb-10
Ticker: DE

CUSIP: 244199105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Samuel R. Allen	Mgmt	Yes	For	For
2	Elect Director Aulana L. Peters	Mgmt	Yes	For	For
3	Elect Director David B. Speer	Mgmt	Yes	For	For
4	Declassify the Board of Directors	Mgmt	Yes	For	For
5	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
6	Amend Executive Incentive Bonus Plan	Mgmt	Yes	For	For
7	Ratify Auditors	Mgmt	Yes	For	For

Page 7 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

8	Limit Executive Compensation	SH	Yes	Against	Against
9	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Abstain
10	Require Independent Board Chairman	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	104,218	104,218
		Totals:	104,218	104,218

QUALCOMM Incorporated	Meeting Date
	02-Mar-10
Ticker: QCOM

CUSIP: 747525103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Barbara T. Alexander	Mgmt	Yes	For	For
1.2	Elect Director Stephen M. Bennett	Mgmt	Yes	For	For
1.3	Elect Director Donald G. Cruickshank	Mgmt	Yes	For	For
1.4	Elect Director Raymond V. Dittamore	Mgmt	Yes	For	For
1.5	Elect Director Thomas W. Horton	Mgmt	Yes	For	For
1.6	Elect Director Irwin Mark Jacobs	Mgmt	Yes	For	For
1.7	Elect Director Paul E. Jacobs	Mgmt	Yes	For	For
1.8	Elect Director Robert E. Kahn	Mgmt	Yes	For	For
1.9	Elect Director Sherry Lansing	Mgmt	Yes	For	For
1.10	Elect Director Duane A. Nelles	Mgmt	Yes	For	For
1.11	Elect Director Brent Scowcroft	Mgmt	Yes	For	For
1.12	Elect Director Marc I. Stern	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Sent	93,850	93,850
		Totals:	93,850	93,850

Page 8 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

Hewlett-Packard Company	Meeting Date
	17-Mar-10
Ticker: HPQ

CUSIP: 428236103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Marc L. Andreessen	Mgmt	Yes	For	For
1.2	Elect Director Lawrence T. Babbio, Jr.	Mgmt	Yes	For	For
1.3	Elect Director Sari M. Baldauf	Mgmt	Yes	For	For
1.4	Elect Director Rajiv L. Gupta	Mgmt	Yes	For	For
1.5	Elect Director John H. Hammergren	Mgmt	Yes	For	For
1.6	Elect Director Mark V. Hurd	Mgmt	Yes	For	For
1.7	Elect Director Joel Z. Hyatt	Mgmt	Yes	For	For
1.8	Elect Director John R. Joyce	Mgmt	Yes	For	For
1.9	Elect Director Robert L. Ryan	Mgmt	Yes	For	For
1.10	Elect Director Lucille S. Salhany	Mgmt	Yes	For	For
1.11	Elect Director G. Kennedy Thompson	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
4	Company Request on Advisory Vote on Executive Compensation	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	84,200	84,200
		Totals:	84,200	84,200

Schlumberger Ltd.	Meeting Date
	07-Apr-10
Ticker: SLB

CUSIP: 806857108

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect P. Camus as Director	Mgmt	Yes	For	For
1.2	Elect P. Currie as Director	Mgmt	Yes	For	For
1.3	Elect J.S. Gorelick as Director	Mgmt	Yes	For	For
1.4	Elect A. Gould as Director	Mgmt	Yes	For	For
1.5	Elect T. Isaac as Director	Mgmt	Yes	For	For
1.6	Elect K.V. Kamath as Director	Mgmt	Yes	For	For
1.7	Elect N. Kudryavtsev as Director	Mgmt	Yes	For	For
1.8	Elect A. Lajous as Director	Mgmt	Yes	For	For
1.9	Elect M.E. Marks as Director	Mgmt	Yes	For	For
1.10	Elect L.R. Reif as Director	Mgmt	Yes	For	For
1.11	Elect T.I. Sandvold as Director	Mgmt	Yes	For	For
1.12	Elect H. Seydoux as Director	Mgmt	Yes	For	For

Page 9 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

2	Adopt and Approve Financials and Dividends	Mgmt	Yes	For	For
3	Approve 2010 Omnibus Stock Incentive Plan	Mgmt	Yes	For	For
4	Amend Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For
5	Ratify PricewaterhouseCoopers LLP as Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Approved	117,389	117,389
		Totals:	117,389	117,389

T. Rowe Price Group, Inc.	Meeting Date
	14-Apr-10
Ticker: TROW

CUSIP: 74144T108

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Edward C. Bernard	Mgmt	Yes	For	For
2	Elect Director James T. Brady	Mgmt	Yes	For	For
3	Elect Director J. Alfred Broaddus, Jr.	Mgmt	Yes	For	For
4	Elect Director Donald B. Hebb, Jr.	Mgmt	Yes	For	For
5	Elect Director James A.C. Kennedy	Mgmt	Yes	For	For
6	Elect Director Brian C. Rogers	Mgmt	Yes	For	For
7	Elect Director Alfred Sommer, PHD	Mgmt	Yes	For	For
8	Elect Director Dwight S. Taylor	Mgmt	Yes	For	For
9	Elect Director Anne Marie Whittemore	Mgmt	Yes	For	For
10	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	50,650	50,650
		Totals:	50,650	50,650

PPG Industries, Inc.	Meeting Date
	15-Apr-10
Ticker: PPG

CUSIP: 693506107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director James G. Berges	Mgmt	Yes	For	For
1.2	Elect Director Victoria F. Haynes	Mgmt	Yes	For	For
1.3	Elect Director Martin H. Richenhagen	Mgmt	Yes	For	For

Page 10 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

2	Ratify Auditors	Mgmt	Yes	For	For
3	Report on Community Environmental Impact Disclosure Process	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Sent	50,300	50,300
		Totals:	50,300	50,300

Rio Tinto plc	Meeting Date
	15-Apr-10
Ticker: N/A

CUSIP: G75754104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Meeting for ADR Holders	Mgmt	No
	Resolutions 1 to 9 will be Voted on by Rio Tinto plc and Rio Tinto Limited Shareholders as a Joint Electorate	Mgmt	No
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Remuneration Report	Mgmt	Yes	For	For
3	Elect Robert Brown as Director	Mgmt	Yes	For	For
4	Elect Ann Godbehere as Director	Mgmt	Yes	For	For
5	Elect Sam Walsh as Director	Mgmt	Yes	For	For
6	Re-elect Guy Elliott as Director	Mgmt	Yes	For	For
7	Re-elect Michael Fitzpatrick as Director	Mgmt	Yes	For	For
8	Re-elect Lord Kerr of Kinlochard as Director	Mgmt	Yes	For	For
9	Reappoint PricewaterhouseCoopers LLP as Auditor and Authorise Their Remuneration	Mgmt	Yes	For	For
	Resolutions 10 to 13 will be Voted on by Rio Tinto plc Shareholders Only	Mgmt	No
10	Authorise Issue of Equity with Pre-emptive Rights	Mgmt	Yes	For	Against
11	Authorise Issue of Equity without Pre-emptive Rights	Mgmt	Yes	For	For
12	Authorise Market Purchase	Mgmt	Yes	For	For
13	Authorise the Company to Call EGM with Two Weeks’ Notice	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	17,350	17,350
		Totals:	17,350	17,350

Page 11 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

The Coca-Cola Company	Meeting Date
	21-Apr-10
Ticker: KO

CUSIP: 191216100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Herbert A. Allen	Mgmt	Yes	For	For
2	Elect Director Ronald W. Allen	Mgmt	Yes	For	For
3	Elect Director Cathleen P. Black	Mgmt	Yes	For	For
4	Elect Director Barry Diller	Mgmt	Yes	For	For
5	Elect Director Alexis M. Herman	Mgmt	Yes	For	For
6	Elect Director Muhtar Kent	Mgmt	Yes	For	For
7	Elect Director Donald R. Keough	Mgmt	Yes	For	For
8	Elect Director Maria Elena Lagomasino	Mgmt	Yes	For	For
9	Elect Director Donald F. McHenry	Mgmt	Yes	For	For
10	Elect Director Sam Nunn	Mgmt	Yes	For	For
11	Elect Director James D. Robinson III	Mgmt	Yes	For	For
12	Elect Director Peter V. Ueberroth	Mgmt	Yes	For	For
13	Elect Director Jacob Wallenberg	Mgmt	Yes	For	For
14	Elect Director James B. Williams	Mgmt	Yes	For	For
15	Ratify Auditors	Mgmt	Yes	For	For
16	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
17	Require Independent Board Chairman	SH	Yes	Against	For
18	Performance-Based Equity Awards	SH	Yes	Against	Against
19	Publish Report on Chemical Bisphenol A (BPA)	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	66,150	66,150
		Totals:	66,150	66,150

Abbott Laboratories	Meeting Date
	23-Apr-10
Ticker: ABT

CUSIP: 002824100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director R.J. Alpern	Mgmt	Yes	For	For
1.2	Elect Director R.S. Austin	Mgmt	Yes	For	For
1.3	Elect Director W.M. Daley	Mgmt	Yes	For	For
1.4	Elect Director W.J. Farrell	Mgmt	Yes	For	For
1.5	Elect Director H.L. Fuller	Mgmt	Yes	For	For

Page 12 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

1.6	Elect Director W.A. Osborn	Mgmt	Yes	For	For
1.7	Elect Director D.A.L. Owen	Mgmt	Yes	For	For
1.8	Elect Director R.S. Roberts	Mgmt	Yes	For	For
1.9	Elect Director S.C. Scott, III	Mgmt	Yes	For	For
1.10	Elect Director W.D. Smithburg	Mgmt	Yes	For	For
1.11	Elect Director G.F. Tilton	Mgmt	Yes	For	For
1.12	Elect Director M.D. White	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
4	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	80,100	80,100
		Totals:	80,100	80,100

Stryker Corporation	Meeting Date
	27-Apr-10
Ticker: SYK

CUSIP: 863667101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Howard E. Cox, Jr.	Mgmt	Yes	For	For
1.2	Elect Director Srikant M. Datar, Ph.D.	Mgmt	Yes	For	For
1.3	Elect Director Donald M. Engelman, Ph.D.	Mgmt	Yes	For	For
1.4	Elect Director Louise L. Francesconi	Mgmt	Yes	For	For
1.5	Elect Director Howard L. Lance	Mgmt	Yes	For	For
1.6	Elect Director Stephen P. MacMillan	Mgmt	Yes	For	For
1.7	Elect Director William U. Parfet	Mgmt	Yes	For	For
1.8	Elect Director Ronda E. Stryker	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	28,550	28,550
		Totals:	28,550	28,550

Page 13 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

VF Corporation	Meeting Date
	27-Apr-10
Ticker: VFC

CUSIP: 918204108

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Richard T. Carucci	Mgmt	Yes	For	For
1.2	Elect Director Juliana L. Chugg	Mgmt	Yes	For	For
1.3	Elect Director George Fellows	Mgmt	Yes	For	For
1.4	Elect Director Clarence Otis, Jr.	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	39,250	39,250
		Totals:	39,250	39,250

Wells Fargo & Company	Meeting Date
	27-Apr-10
Ticker: WFC

CUSIP: 949746101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Election Director John D. Baker II	Mgmt	Yes	For	For
2	Election Director John S. Chen	Mgmt	Yes	For	For
3	Election Director Lloyd H. Dean	Mgmt	Yes	For	For
4	Election Director Susan E. Engel	Mgmt	Yes	For	For
5	Election Director Enrique Hernandez, Jr.	Mgmt	Yes	For	For
6	Election Director Donald M. James	Mgmt	Yes	For	For
7	Election Director Richard D. McCormick	Mgmt	Yes	For	For
8	Election Director Mackey J. McDonald	Mgmt	Yes	For	For
9	Election Director Cynthia H. Milligan	Mgmt	Yes	For	For
10	Elect Director Nicholas G. Moore	Mgmt	Yes	For	For
11	Elect Director Philip J. Quigley	Mgmt	Yes	For	For
12	Elect Director Judith M. Runstad	Mgmt	Yes	For	For
13	Elect Director Stephen W. Sanger	Mgmt	Yes	For	For
14	Elect Director Robert K. Steel	Mgmt	Yes	For	For
15	Elect Director John G. Stumpf	Mgmt	Yes	For	For
16	Elect Director an G. Swenson	Mgmt	Yes	For	For
17	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	Against
18	Increase Authorized Common Stock	Mgmt	Yes	For	For

Page 14 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

19	Ratify Auditors	Mgmt	Yes	For	For
20	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
21	Require Independent Board Chairman	SH	Yes	Against	For
22	Report on Charitable Contributions	SH	Yes	Against	Against
23	Report on Political Contributions	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	105,350	105,350
		Totals:	105,350	105,350

Bank of America Corporation	Meeting Date
	28-Apr-10
Ticker: BAC

CUSIP: 060505104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Susan S. Bies	Mgmt	Yes	For	For
2	Elect Director William P. Boardman	Mgmt	Yes	For	For
3	Elect Director Frank P. Bramble, Sr.	Mgmt	Yes	For	For
4	Elect Director Virgis W. Colbert	Mgmt	Yes	For	For
5	Elect Director Charles K. Gifford	Mgmt	Yes	For	For
6	Elect Director Charles O. Holliday, Jr.	Mgmt	Yes	For	For
7	Elect Director D. Paul Jones, Jr.	Mgmt	Yes	For	For
8	Elect Director Monica C. Lozano	Mgmt	Yes	For	For
9	Elect Director Thomas J. May	Mgmt	Yes	For	For
10	Elect Director Brian T. Moynihan	Mgmt	Yes	For	For
11	Elect Director Donald E. Powell	Mgmt	Yes	For	For
12	Elect Director Charles O. Rossotti	Mgmt	Yes	For	For
13	Elect Director Robert W. Scully	Mgmt	Yes	For	For
14	Ratify Auditors	Mgmt	Yes	For	For
15	Increase Authorized Common Stock	Mgmt	Yes	For	For
16	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	Against
17	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
18	Report on Government Service of Employees	SH	Yes	Against	Against
19	TARP Related Compensation	SH	Yes	Against	Against
20	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For
21	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against

Page 15 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

22	Adopt Policy on Succession Planning	SH	Yes	Against	Against
23	Report on Collateral in Derivatives Trading	SH	Yes	Against	Against
24	Claw-back of Payments under Restatements	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	213,950	213,950
		Totals:	213,950	213,950

Textron Inc.	Meeting Date
	28-Apr-10
Ticker: TXT

CUSIP: 883203101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Kathleen M. Bader	Mgmt	Yes	For	For
2	Elect Director R. Kerry Clark	Mgmt	Yes	For	For
3	Elect Director Ivor J. Evans	Mgmt	Yes	For	For
4	Elect Director Lord Powell of Bayswater	Mgmt	Yes	For	For
5	Elect Director James L. Ziemer	Mgmt	Yes	For	For
6	Approve Option Exchange Program	Mgmt	Yes	For	For
7	Declassify the Board of Directors and Adjust Par Value of Preferred Stock	Mgmt	Yes	For	For
8	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	129,550	129,550
		Totals:	129,550	129,550

Capital One Financial Corporation	Meeting Date
	29-Apr-10
Ticker: COF

CUSIP: 14040H105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director W. Ronald Dietz	Mgmt	Yes	For	For
2	Elect Director Lewis Hay, III	Mgmt	Yes	For	For
3	Elect Director Mayo A. Shattuck III	Mgmt	Yes	For	For
4	Ratify Auditors	Mgmt	Yes	For	For
5	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For

Page 16 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

6	Stock Retention/Holding Period	SH	Yes	Against	Against
7	Declassify the Board of Directors	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	135,850	135,850
		Totals:	135,850	135,850

AT&T Inc.	Meeting Date
	30-Apr-10
Ticker: T

CUSIP: 00206R102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Randall L. Stephenson	Mgmt	Yes	For	For
2	Elect Director Gilbert F. Amelio	Mgmt	Yes	For	For
3	Elect Director Reuben V. Anderson	Mgmt	Yes	For	For
4	Elect Director James H. Blanchard	Mgmt	Yes	For	For
5	Elect Director Jaime Chico Pardo	Mgmt	Yes	For	For
6	Elect Director James P. Kelly	Mgmt	Yes	For	For
7	Elect Director Jon C. Madonna	Mgmt	Yes	For	For
8	Elect Director Lynn M. Martin	Mgmt	Yes	For	For
9	Elect Director John B. McCoy	Mgmt	Yes	For	For
10	Elect Director Joyce M. Roche	Mgmt	Yes	For	For
11	Elect Director Laura D Andrea Tyson	Mgmt	Yes	For	For
12	Elect Director Patricia P. Upton	Mgmt	Yes	For	For
13	Ratify Auditors	Mgmt	Yes	For	For
14	Provide for Cumulative Voting	SH	Yes	Against	Against
15	Exclude Pension Credits from Calculations of Performance-Based Pay	SH	Yes	Against	For
16	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
17	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	119,750	119,750
		Totals:	119,750	119,750

Page 17 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

Barclays plc	Meeting Date
	30-Apr-10
Ticker: N/A

CUSIP: G08036124

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Meeting for ADR Holders	Mgmt	No
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Remuneration Report	Mgmt	Yes	For	For
3	Elect Reuben Jeffery III as Director	Mgmt	Yes	For	For
4	Re-elect Marcus Agius as Director	Mgmt	Yes	For	For
5	Re-elect David Booth as Director	Mgmt	Yes	For	For
6	Re-elect Sir Richard Broadbent as Director	Mgmt	Yes	For	For
7	Re-elect Sir Michael Rake as Director	Mgmt	Yes	For	For
8	Re-elect Sir Andrew Likierman as Director	Mgmt	Yes	For	For
9	Re-elect Chris Lucas as Director	Mgmt	Yes	For	For
10	Reappoint PricewaterhouseCoopers LLP Auditors	Mgmt	Yes	For	For
11	Authorise Board to Fix Remuneration of Auditors	Mgmt	Yes	For	For
12	Authorise EU Political Donations and Expenditure	Mgmt	Yes	For	For
13	Authorise Issue of Equity with Pre-emptive Rights	Mgmt	Yes	For	Against
14	Authorise Issue of Equity without Pre-emptive Rights	Mgmt	Yes	For	For
15	Authorise Market Purchase	Mgmt	Yes	For	For
16	Authorize the Company to Call EGM with Two Weeks Notice	Mgmt	Yes	For	For
17	Adopt New Articles of Association	Mgmt	Yes	For	For
18	Approve SAYE Share Option Scheme	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	113,100	113,100
		Totals:	113,100	113,100

CME Group Inc.	Meeting Date
	05-May-10
Ticker: CME

CUSIP: 12572Q105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Terrence A. Duffy	Mgmt	Yes	For	For
1.2	Elect Director Charles P. Carey	Mgmt	Yes	For	For
1.3	Elect Director Mark E. Cermak	Mgmt	Yes	For	For
1.4	Elect Director Martin J. Gepsman	Mgmt	Yes	For	For
1.5	Elect Director Leo Melamed	Mgmt	Yes	For	For

Page 18 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

1.6	Elect Director Joseph Niciforo	Mgmt	Yes	For	For
1.7	Elect Director C.C. Odom	Mgmt	Yes	For	For
1.8	Elect Director John F. Sandner	Mgmt	Yes	For	For
1.9	Elect Director Dennis A. Suskind	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	9,223	9,223
		Totals:	9,223	9,223

Apache Corporation	Meeting Date
	06-May-10
Ticker: APA

CUSIP: 037411105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Eugene C. Fiedorek	Mgmt	Yes	For	For
2	Elect Director Patricia Albjerg Graham	Mgmt	Yes	For	For
3	Elect Director F.H. Merelli	Mgmt	Yes	For	For
4	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	40,759	40,759
		Totals:	40,759	40,759

Fluor Corporation	Meeting Date
	06-May-10
Ticker: FLR

CUSIP: 343412102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director James T. Hackett	Mgmt	Yes	For	For
2	Elect Director Kent Kresa	Mgmt	Yes	For	For
3	Elect Director Nader H. Sultan	Mgmt	Yes	For	For
4	Ratify Auditors	Mgmt	Yes	For	For
5	Require Independent Board Chairman	SH	Yes	Against	For

Page 19 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	84,122	84,122
		Totals:	84,122	84,122

Union Pacific Corporation	Meeting Date
	06-May-10
Ticker: UNP

CUSIP: 907818108

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Andrew H. Card, Jr.	Mgmt	Yes	For	For
2	Elect Director Erroll B. Davis, Jr.	Mgmt	Yes	For	For
3	Elect Director Thomas J. Donohue	Mgmt	Yes	For	For
4	Elect Director Archie W. Dunham	Mgmt	Yes	For	For
5	Elect Director Judith Richards Hope	Mgmt	Yes	For	For
6	Elect Director Charles C. Krulak	Mgmt	Yes	For	For
7	Elect Director Michael R. McCarthy	Mgmt	Yes	For	For
8	Elect Director Michael W. McConnell	Mgmt	Yes	For	For
9	Elect Director Thomas F. McLarty III	Mgmt	Yes	For	For
10	Elect Director Steven R. Rogel	Mgmt	Yes	For	For
11	Elect Director Jose H. Villarreal	Mgmt	Yes	For	For
12	Elect Director James R. Young	Mgmt	Yes	For	For
13	Ratify Auditors	Mgmt	Yes	For	For
14	Require Independent Board Chairman	SH	Yes	Against	Against
15	Reduce Supermajority Vote Requirement	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	83,420	83,420
		Totals:	83,420	83,420

Colgate-Palmolive Company	Meeting Date
	07-May-10
Ticker: CL

CUSIP: 194162103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director John T. Cahill	Mgmt	Yes	For	For
2	Elect Director Ian Cook	Mgmt	Yes	For	For

Page 20 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

3	Elect Director Helene D. Gayle	Mgmt	Yes	For	For
4	Elect Director Ellen M. Hancock	Mgmt	Yes	For	For
5	Elect Director Joseph Jimenez	Mgmt	Yes	For	For
6	Elect Director David W. Johnson	Mgmt	Yes	For	For
7	Elect Director Richard J. Kogan	Mgmt	Yes	For	For
8	Elect Director Delano E. Lewis	Mgmt	Yes	For	For
9	Elect Director J. Pedro Reinhard	Mgmt	Yes	For	For
10	Elect Director Stephen I. Sadove	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For
12	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For
13	Report on Charitable Contributions	SH	Yes	Against	Against
14	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	78,865	78,865
		Totals:	78,865	78,865

Illinois Tool Works Inc.	Meeting Date
	07-May-10
Ticker: ITW

CUSIP: 452308109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Marvin D. Brailsford	Mgmt	Yes	For	For
2	Elect Director Susan Crown	Mgmt	Yes	For	For
3	Elect Director Don H. Davis, Jr.	Mgmt	Yes	For	For
4	Elect Director Robert C. McCormack	Mgmt	Yes	For	For
5	Elect Director Robert S. Morrison	Mgmt	Yes	For	For
6	Elect Director James A. Skinner	Mgmt	Yes	For	For
7	Elect Director David B. Smith, Jr.	Mgmt	Yes	For	For
8	Elect Director David B. Speer	Mgmt	Yes	For	For
9	Elect Director Pamela B. Strobel	Mgmt	Yes	For	For
10	Ratify Auditors	Mgmt	Yes	For	For
11	Report on Political Contributions	SH	Yes	Against	Against

Page 21 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	82,000	82,000
		Totals:	82,000	82,000

National Oilwell Varco, Inc.	Meeting Date
	12-May-10
Ticker: NOV

CUSIP: 637071101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Ben A. Guill	Mgmt	Yes	For	For
1.2	Elect Director Roger L. Jarvis	Mgmt	Yes	For	For
1.3	Elect Director Eric L. Mattson	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	70,548	70,548
		Totals:	70,548	70,548

Philip Morris International Inc.	Meeting Date
	12-May-10
Ticker: PM

CUSIP: 718172109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Harold Brown	Mgmt	Yes	For	For
2	Elect Director Mathis Cabiallavetta	Mgmt	Yes	For	For
3	Elect Director Louis C. Camilleri	Mgmt	Yes	For	For
4	Elect Director J. Dudley Fishburn	Mgmt	Yes	For	For
5	Elect Director Jennifer Li	Mgmt	Yes	For	For
6	Elect Director Graham Mackay	Mgmt	Yes	For	For
7	Elect Director Sergio Marchionne	Mgmt	Yes	For	For
8	Elect Director Lucio A. Noto	Mgmt	Yes	For	For
9	Elect Director Carlos Slim Helu	Mgmt	Yes	For	For
10	Elect Director Stephen M. Wolf	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For
12	Report on Effect of Marketing Practices on the Poor	SH	Yes	Against	Against
13	Establish Supplier Human Rights Purchasing Protocols	SH	Yes	Against	Against

Page 22 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	124,057	124,057
		Totals:	124,057	124,057

Norfolk Southern Corporation	Meeting Date
	13-May-10
Ticker: NSC

CUSIP: 655844108

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Thomas D. Bell, Jr.	Mgmt	Yes	For	For
2	Elect Director Alston D. Correll	Mgmt	Yes	For	For
3	Elect Director Landon Hilliard	Mgmt	Yes	For	For
4	Elect Director Burton M. Joyce	Mgmt	Yes	For	For
5	Ratify Auditors	Mgmt	Yes	For	For
6	Declassify the Board of Directors	Mgmt	Yes	For	For
7	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
8	Amend Executive Incentive Bonus Plan	Mgmt	Yes	For	For
9	Report on Political Contributions	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	49,650	49,650
		Totals:	49,650	49,650

Nucor Corporation	Meeting Date
	13-May-10
Ticker: NUE

CUSIP: 670346105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Daniel R. DiMicco	Mgmt	Yes	For	For
1.2	Elect Director James D. Hlavacek	Mgmt	Yes	For	For
1.3	Elect Director John H. Walker	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Declassify the Board of Directors	Mgmt	Yes	For	For
4	Approve Omnibus Stock Plan	Mgmt	Yes	For	For
5	Require a Majority Vote for the Election of Directors	SH	Yes	Against	For
6	Report on Political Contributions	SH	Yes	Against	Against

Page 23 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	46,400	46,400
		Totals:	46,400	46,400

Starwood Hotels & Resorts Worldwide, Inc.	Meeting Date
	13-May-10
Ticker: HOT

CUSIP: 85590A401

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Adam M. Aron	Mgmt	Yes	For	For
1.2	Elect Director Charlene Barshefsky	Mgmt	Yes	For	For
1.3	Elect Director Thomas E. Clarke	Mgmt	Yes	For	For
1.4	Elect Director Clayton C. Daley, Jr.	Mgmt	Yes	For	For
1.5	Elect Director Bruce W. Duncan	Mgmt	Yes	For	For
1.6	Elect Director Lizanne Galbreath	Mgmt	Yes	For	For
1.7	Elect Director Eric Hippeau	Mgmt	Yes	For	For
1.8	Elect Director Stephen R. Quazzo	Mgmt	Yes	For	For
1.9	Elect Director Thomas O. Ryder	Mgmt	Yes	For	For
1.10	Elect Director Frits van Paasschen	Mgmt	Yes	For	For
1.11	Elect Director Kneeland C. Youngblood	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Executive Incentive Bonus Plan	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	82,700	82,700
		Totals:	82,700	82,700

The Dow Chemical Company	Meeting Date
	13-May-10
Ticker: DOW

CUSIP: 260543103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Arnold A. Allemang	Mgmt	Yes	For	For
2	Elect Director Jacqueline K. Barton	Mgmt	Yes	For	For
3	Elect Director James A. Bell	Mgmt	Yes	For	For
4	Elect Director Jeff M. Fettig	Mgmt	Yes	For	For

Page 24 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

5	Elect Director Barbara H. Franklin	Mgmt	Yes	For	For
6	Elect Director John B. Hess	Mgmt	Yes	For	For
7	Elect Director Andrew N. Liveris	Mgmt	Yes	For	For
8	Elect Director Paul Polman	Mgmt	Yes	For	For
9	Elect Director Dennis H. Reilley	Mgmt	Yes	For	For
10	Elect Director James M. Ringler	Mgmt	Yes	For	For
11	Elect Director Ruth G. Shaw	Mgmt	Yes	For	For
12	Elect Director Paul G. Stern	Mgmt	Yes	For	For
13	Ratify Auditors	Mgmt	Yes	For	For
14	Provide Right to Call Special Meeting	Mgmt	Yes	For	For
15	Report on Environmental Remediation in Midland Area	SH	Yes	Against	Against
16	Stock Retention/Holding Period	SH	Yes	Against	Against
17	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	90,300	90,300
		Totals:	90,300	90,300

Macy’s, Inc.	Meeting Date
	14-May-10
Ticker: M

CUSIP: 55616P104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Stephen F. Bollenbach	Mgmt	Yes	For	For
1.2	Elect Director Deirdre P. Connelly	Mgmt	Yes	For	For
1.3	Elect Director Meyer Feldberg	Mgmt	Yes	For	For
1.4	Elect Director Sara Levinson	Mgmt	Yes	For	For
1.5	Elect Director Terry J. Lundgren	Mgmt	Yes	For	For
1.6	Elect Director Joseph Neubauer	Mgmt	Yes	For	For
1.7	Elect Director Joseph A. Pichler	Mgmt	Yes	For	For
1.8	Elect Director Joyce M. Roché	Mgmt	Yes	For	For
1.9	Elect Director Craig E. Weatherup	Mgmt	Yes	For	For
1.10	Elect Director Marna C. Whittington	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Certificate of Incorporation to Reduce Supermajority Vote Requirements and Eliminate Certain Provisions	Mgmt	Yes	For	For
4	Require a Majority Vote for the Election of Directors	SH	Yes	Against	For

Page 25 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	170,900	170,900
		Totals:	170,900	170,900

Transocean Ltd.	Meeting Date
	14-May-10
Ticker: RIG

CUSIP: H8817H100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Discharge of Board and Senior Management	Mgmt	Yes	For	For
3	Approve Allocation of Income and Omission of Dividends	Mgmt	Yes	For	For
4	Change Location of Registered Office to Steinhausen, Switzerland	Mgmt	Yes	For	For
5	Approve Creation of CHF 2.5 Billion Pool of Capital without Preemptive Rights	Mgmt	Yes	For	For
6	Approve Reduction in Share Capita and Repayment of $3.11 per Sharel	Mgmt	Yes	For	For
7	Amend Articles Re: Share Certificates due to New Swiss Federal Act on Intermediated Securities	Mgmt	Yes	For	For
8a	Elect Steven Newman as Director	Mgmt	Yes	For	For
8b	Reelect Thomas Carson as Director	Mgmt	Yes	For	For
8c	Reelect Robert Sprague as Director	Mgmt	Yes	For	For
8d	Reelect J. Michael Talbert as Director	Mgmt	Yes	For	For
8e	Reelect John Whitmire as Director	Mgmt	Yes	For	For
9	Appointment Of Ernst & Young LLP as Independent Registered Public Accounting Firm for Fiscal Year 2010	Mgmt	Yes	For	For
10	Transact Other Business (Voting)	Mgmt	Yes	For	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	33,250	33,250
		Totals:	33,250	33,250

Dominion Resources, Inc.	Meeting Date
	18-May-10
Ticker: D

CUSIP: 25746U109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director William P. Barr	Mgmt	Yes	For	For

Page 26 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

1.2	Elect Director Peter W. Brown	Mgmt	Yes	For	For
1.3	Elect Director George A. Davidson, Jr.	Mgmt	Yes	For	For
1.4	Elect Director Thomas F. Farrell II	Mgmt	Yes	For	For
1.5	Elect Director John W. Harris	Mgmt	Yes	For	For
1.6	Elect Director Robert S. Jepson, Jr.	Mgmt	Yes	For	For
1.7	Elect Director Mark J. Kington	Mgmt	Yes	For	For
1.8	Elect Director Margaret A. McKenna	Mgmt	Yes	For	For
1.9	Elect Director Frank S. Royal	Mgmt	Yes	For	For
1.10	Elect Director Robert H. Spilman, Jr.	Mgmt	Yes	For	For
1.11	Elect Director David A. Wollard	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Reduce Supermajority Vote Requirement	Mgmt	Yes	For	For
4	Reduce Supermajority Vote Requirement	Mgmt	Yes	For	For
5	Reduce Supermajority Vote Requirement	Mgmt	Yes	For	For
6	Reduce Supermajority Vote Requirement	Mgmt	Yes	For	For
7	Amend Quorum Requirements	Mgmt	Yes	For	For
8	Adopt Renewable Energy Production Goal	SH	Yes	Against	Against
9	Stop Construction of Nuclear Reactor at North Anna Facility	SH	Yes	Against	Against
10	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	56,506	56,506
		Totals:	56,506	56,506

JPMorgan Chase & Co.	Meeting Date
	18-May-10
Ticker: JPM

CUSIP: 46625H100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Crandall C. Bowles	Mgmt	Yes	For	For
1.2	Elect Director Stephen B. Burke	Mgmt	Yes	For	For
1.3	Elect Director David M. Cote	Mgmt	Yes	For	For
1.4	Elect Director James S. Crown	Mgmt	Yes	For	For
1.5	Elect Director James Dimon	Mgmt	Yes	For	For
1.6	Elect Director Ellen V. Futter	Mgmt	Yes	For	For
1.7	Elect Director William H. Gray, III	Mgmt	Yes	For	For

Page 27 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

1.8	Elect Director Laban P. Jackson, Jr.	Mgmt	Yes	For	For
1.9	Elect Director David C. Novak	Mgmt	Yes	For	For
1.10	Elect Director Lee R. Raymond	Mgmt	Yes	For	For
1.11	Elect Director William C. Weldon	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For
4	Affirm Political Non-Partisanship	SH	Yes	Against	For
5	Amend Bylaws — Call Special Meetings	SH	Yes	Against	For
6	Report on Collateral in Derivatives Trading	SH	Yes	Against	For
7	Provide Right to Act by Written Consent	SH	Yes	Against	For
8	Require Independent Board Chairman	SH	Yes	Against	Against
9	Report on Pay Disparity	SH	Yes	Against	Against
10	Stock Retention/Holding Period	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	127,866	127,866
		Totals:	127,866	127,866

Halliburton Company	Meeting Date
	19-May-10
Ticker: HAL

CUSIP: 406216101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director A.M. Bennett	Mgmt	Yes	For	For
2	Elect Director J.R. Boyd	Mgmt	Yes	For	For
3	Elect Director M. Carroll	Mgmt	Yes	For	For
4	Elect Director N.K. Dicciani	Mgmt	Yes	For	For
5	Elect Director S.M. Gillis	Mgmt	Yes	For	For
6	Elect Director J.T. Hackett	Mgmt	Yes	For	For
7	Elect Director D.J. Lesar	Mgmt	Yes	For	For
8	Elect Director R.A. Malone	Mgmt	Yes	For	For
9	Elect Director J.L. Martin	Mgmt	Yes	For	For
10	Elect Director D.L. Reed	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For
12	Review and Assess Human Rights Policies	SH	Yes	Against	Against
13	Report on Political Contributions	SH	Yes	Against	Against

Page 28 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

14	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
15	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	228,700	228,700
		Totals:	228,700	228,700

Intel Corporation	Meeting Date
	19-May-10
Ticker: INTC

CUSIP: 458140100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Charlene Barshefsky	Mgmt	Yes	For	For
2	Elect Director Susan L. Decker	Mgmt	Yes	For	For
3	Elect Director John J. Donahoe	Mgmt	Yes	For	For
4	Elect Director Reed E. Hundt	Mgmt	Yes	For	For
5	Elect Director Paul S. Otellini	Mgmt	Yes	For	For
6	Elect Director James D. Plummer	Mgmt	Yes	For	For
7	Elect Director David S. Pottruck	Mgmt	Yes	For	For
8	Elect Director Jane E. Shaw	Mgmt	Yes	For	For
9	Elect Director Frank D. Yeary	Mgmt	Yes	For	For
10	Elect Director David B. Yoffie	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For
12	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	76,900	76,900
		Totals:	76,900	76,900

Altria Group, Inc.	Meeting Date
	20-May-10
Ticker: MO

CUSIP: 02209S103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Elizabeth E. Bailey	Mgmt	Yes	For	For
2	Elect Director Gerald L. Baliles	Mgmt	Yes	For	For

Page 29 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

3	Elect Director John T. Casteen III	Mgmt	Yes	For	For
4	Elect Director Dinyar S. Devitre	Mgmt	Yes	For	For
5	Elect Director Thomas F. Farrell II	Mgmt	Yes	For	For
6	Elect Director Robert E. R. Huntley	Mgmt	Yes	For	For
7	Elect Director Thomas W. Jones	Mgmt	Yes	For	For
8	Elect Director George Munoz	Mgmt	Yes	For	For
9	Elect Director Nabil Y. Sakkab	Mgmt	Yes	For	For
10	Elect Director Michael E. Szymanczyk	Mgmt	Yes	For	For
11	Approve Omnibus Stock Plan	Mgmt	Yes	For	For
12	Ratify Auditors	Mgmt	Yes	For	For
13	Report on Effect of Marketing Practices on the Poor	SH	Yes	Against	Against
14	Adopt Human Rights Protocols for Company and Suppliers	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	90,800	90,800
		Totals:	90,800	90,800

Lorillard, Inc.	Meeting Date
	20-May-10
Ticker: LO

CUSIP: 544147101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Virgis W. Colbert	Mgmt	Yes	For	For
1.2	Elect Director Richard W. Roedel	Mgmt	Yes	For	For
1.3	Elect Director David H. Taylor	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	51,864	51,864
		Totals:	51,864	51,864

McDonald’s Corporation	Meeting Date
	20-May-10
Ticker: MCD

CUSIP: 580135101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Walter E. Massey	Mgmt	Yes	For	For

Page 30 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

2	Elect Director John W. Rogers, Jr.	Mgmt	Yes	For	For
3	Elect Director Roger W. Stone	Mgmt	Yes	For	For
4	Elect Director Miles D. White	Mgmt	Yes	For	For
5	Ratify Auditors	Mgmt	Yes	For	For
6	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
7	Reduce Supermajority Vote Requirement	SH	Yes	Against	For
8	Require Suppliers to Adopt CAK	SH	Yes	Against	Against
9	Adopt Cage-Free Eggs Purchasing Policy	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	33,223	33,223
		Totals:	33,223	33,223

Exxon Mobil Corporation	Meeting Date
	26-May-10
Ticker: XOM

CUSIP: 30231G102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director M.J. Boskin	Mgmt	Yes	For	For
1.2	Elect Director P. Brabeck-Letmathe	Mgmt	Yes	For	For
1.3	Elect Director L.R. Faulkner	Mgmt	Yes	For	For
1.4	Elect Director J.S. Fishman	Mgmt	Yes	For	For
1.5	Elect Director K.C. Frazier	Mgmt	Yes	For	For
1.6	Elect Director W.W. George	Mgmt	Yes	For	For
1.7	Elect Director M.C. Nelson	Mgmt	Yes	For	For
1.8	Elect Director S.J. Palmisano	Mgmt	Yes	For	For
1.9	Elect Director S.C. Reinemund	Mgmt	Yes	For	For
1.10	Elect Director R.W. Tillerson	Mgmt	Yes	For	For
1.11	Elect Director E.E. Whitacre, Jr.	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For
4	Reincorporate in Another State [from New Jersey to North Dakota]	SH	Yes	Against	Against
5	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
6	Amend EEO Policy to Prohibit Discrimination based on Sexual Orientation and Gender Identity	SH	Yes	Against	Against
7	Adopt Policy on Human Right to Water	SH	Yes	Against	Against

Page 31 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

8	Adopt Policy to Address Coastal Louisiana Environmental Impacts	SH	Yes	Against	Against
9	Report on Environmental Impact of Oil Sands Operations in Canada	SH	Yes	Against	For
10	Report on Environmental Impacts of Natural Gas Fracturing	SH	Yes	Against	For
11	Report on Energy Technologies Development	SH	Yes	Against	Against
12	Adopt Quantitative GHG Goals from Products and Operations	SH	Yes	Against	For
13	Report on Risks of Alternative Long-term Fossil Fuel Demand Estimates	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	93,757	93,757
		Totals:	93,757	93,757

Annaly Capital Management Inc.	Meeting Date
	27-May-10
Ticker: NLY

CUSIP: 035710409

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Kevin P. Brady	Mgmt	Yes	For	For
1.2	Elect Director E. Wayne Nordberg	Mgmt	Yes	For	For
2	Approve Omnibus Stock Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Sent	112,350	112,350
		Totals:	112,350	112,350

Lowe’s Companies, Inc.	Meeting Date
	28-May-10
Ticker: LOW

CUSIP: 548661107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director David W. Bernauer	Mgmt	Yes	For	For
1.2	Elect Director Leonard L. Berry	Mgmt	Yes	For	For
1.3	Elect Director Dawn E. Hudson	Mgmt	Yes	For	For
1.4	Elect Director Robert A. Niblock	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Provide Right to Call Special Meeting	Mgmt	Yes	For	For

Page 32 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

4	Report on Political Contributions	SH	Yes	Against	Against
5	Require Independent Board Chairman	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	81,900	81,900
		Totals:	81,900	81,900

Molson Coors Brewing Company	Meeting Date
	02-Jun-10
Ticker: TAP

CUSIP: 60871R209

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Directors John E. Cleghorn	Mgmt	Yes	For	For
1.2	Elect Directors Charles M. Herington	Mgmt	Yes	For	For
1.3	Elect Directors David P. O’Brien	Mgmt	Yes	For	Withhold

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Sent	20,200	20,200
		Totals:	20,200	20,200

Caterpillar Inc.	Meeting Date
	09-Jun-10
Ticker: CAT

CUSIP: 149123101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director John T. Dillon	Mgmt	Yes	For	For
1.2	Elect Director Juan Gallardo	Mgmt	Yes	For	For
1.3	Elect Director William A. Osborn	Mgmt	Yes	For	For
1.4	Elect Director Edward B. Rust, Jr.	Mgmt	Yes	For	For
1.5	Elect Director Susan C. Schwab	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
4	Declassify the Board of Directors	Mgmt	Yes	For	For
5	Reduce Supermajority Vote Requirement	Mgmt	Yes	For	For
6	Require Independent Board Chairman	SH	Yes	Against	For
7	Amend Human Rights Policy	SH	Yes	Against	Against
8	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For

Page 33 of 34

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 83 Ivy Funds VIP Dividend Opportunities

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Sent	16,850	16,850
		Totals:	16,850	16,850

Teva Pharmaceutical Industries Ltd.	Meeting Date
	29-Jun-10
Ticker: N/A

CUSIP: M8769Q102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Meeting for ADR Holders	Mgmt	No
1	Approve Final Dividend of NIS 2.50 (USD 0.642) Per Share	Mgmt	Yes	For	For
2	Election Of Director: Mr. Abraham E. Cohen	Mgmt	Yes	For	For
3	Election Of Director: Mr. Amir Elstein	Mgmt	Yes	For	For
4	Election Of Director: Prof. Roger Kornberg	Mgmt	Yes	For	For
5	Election Of Director: Prof. Moshe Many	Mgmt	Yes	For	For
6	Election Of Director: Mr. Dan Propper	Mgmt	Yes	For	For
7	Approve Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
8	Approve Stock Option Plan	Mgmt	Yes	For	For
9	Approve Compensation of Board Chairman	Mgmt	Yes	For	For
10	Approve Compensation of Director	Mgmt	Yes	For	For
11	Approve Compensation of Director	Mgmt	Yes	For	For
12	Increase Authorized Share Capital	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
83 Ivy Funds VIP Dividend Opportunities, 83	126954.1	Confirmed	44,200	44,200
		Totals:	44,200	44,200

Page 34 of 34

IVY FUNDS VIP ENERGY

Proxy Voting Record

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

Foundation Coal Hldgs Inc	Meeting Date
	31-Jul-09
Ticker: FCL

CUSIP: N/A

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve Merger Agreement	Mgmt	Yes	For	For
2	Adjourn Meeting	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	5,100	5,100
		Totals:	5,100	5,100

BHP Billiton Limited (Formerly BHP Ltd.)	Meeting Date
	26-Nov-09
Ticker: BHP

CUSIP: Q1498M100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Meeting for ADR Holders	Mgmt	No	None	None
1	Accept Financial Statements and Statutory Reports for BHP Billiton Ltd and BHP Billiton Plc for the Fiscal Year Ended June 30, 2009	Mgmt	Yes	For	For
2	Elect Carlos Codeiro as a Director of BHP Billiton Ltd and BHP Billiton Plc	Mgmt	Yes	For	For
3	Elect David Crawford as a Director of BHP Billiton Ltd and BHP Billiton Plc	Mgmt	Yes	For	For
4	Elect Gail de Planque as a Director of BHP Billiton Ltd and BHP Billiton Plc	Mgmt	Yes	For	For
5	Elect Marius Kloppers as a Director of BHP Billiton Ltd and BHP Billiton Plc	Mgmt	Yes	For	For
6	Elect Don Argus as a Director of BHP Billiton Ltd and BHP Billiton Plc	Mgmt	Yes	For	For
7	Elect Wayne Murdy as a Director of BHP Billiton Ltd and BHP Billiton Plc	Mgmt	Yes	For	For
8	Approve KPMG Audit Plc as Auditors of BHP Billiton Plc	Mgmt	Yes	For	For
9	Approve Renewal of General Authority to Issue of Up to 555.97 Million Shares in BHP Billiton Plc in Connection with Its Employee Share and Incentive Schemes	Mgmt	Yes	For	For
10	Renew the Disapplication of Pre-Emption Rights in BHP Billiton Plc	Mgmt	Yes	For	For
11	Authorize Repurchase of Up To 223.11 Million Shares in BHP Billiton Plc	Mgmt	Yes	For	For
12.1	Approve Cancellation of Shares in BHP Billiton Plc Held by BHP Billiton Ltd on April 30, 2010	Mgmt	Yes	For	For

Page 1 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

12.2	Approve Cancellation of Shares in BHP Billiton Plc Held by BHP Billiton Ltd on June 17, 2010	Mgmt	Yes	For	For
12.3	Approve Cancellation of Shares in BHP Billiton Plc Held by BHP Billiton Ltd on Sept. 15, 2010	Mgmt	Yes	For	For
12.4	Approve Cancellation of Shares in BHP Billiton Plc Held by BHP Billiton Ltd on Nov. 11, 2010	Mgmt	Yes	For	For
13	Approve Remuneration Report for the Fiscal Year Ended June 30, 2009	Mgmt	Yes	For	For
14	Approve Grant of Approximately 55,932 Deferred Shares, 223,739 Options, and 424,612 Performance Shares to Marius Kloppers, CEO, Pursuant to the Group Incentive Scheme and the Long Term Incentive Plan	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	4,250	4,250
		Totals:	4,250	4,250

ENSCO International Plc	Meeting Date
	22-Dec-09
Ticker: ESV

CUSIP: 29358Q109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Change State of Incorporation [from Delaware to England]	Mgmt	Yes	For	For
2	Adjourn Meeting	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	6,800	6,800
		Totals:	6,800	6,800

Jacobs Engineering Group Inc.	Meeting Date
	28-Jan-10
Ticker: JEC

CUSIP: 469814107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Robert C. Davidson, Jr.	Mgmt	Yes	For	For
1.2	Elect Director Edward V. Fritzky	Mgmt	Yes	For	For
1.3	Elect Director Benjamin F. Montoya	Mgmt	Yes	For	For
1.4	Elect Director Peter J. Robertson	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Page 2 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	10,450	10,450
		Totals:	10,450	10,450

Helmerich & Payne, Inc.	Meeting Date
	03-Mar-10
Ticker: HP

CUSIP: 423452101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Hans Helmerich	Mgmt	Yes	For	For
1.2	Elect Director Paula Marshall	Mgmt	Yes	For	For
1.3	Elect Director Randy A. Foutch	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Sent	19,550	19,550
		Totals:	19,550	19,550

Applied Materials, Inc.	Meeting Date
	09-Mar-10
Ticker: AMAT

CUSIP: 038222105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Michael R. Splinter	Mgmt	Yes	For	For
1.2	Elect Director Aart J. de Geus	Mgmt	Yes	For	For
1.3	Elect Director Stephen R. Forrest	Mgmt	Yes	For	For
1.4	Elect Director Thomas J. Iannotti	Mgmt	Yes	For	For
1.5	Elect Director Susan M. James	Mgmt	Yes	For	For
1.6	Elect Director Alexander A. Karsner	Mgmt	Yes	For	For
1.7	Elect Director Gerhard H. Parker	Mgmt	Yes	For	For
1.8	Elect Director Dennis D. Powell	Mgmt	Yes	For	For
1.9	Elect Director Willem P. Roelandts	Mgmt	Yes	For	For
1.10	Elect Director James E. Rogers	Mgmt	Yes	For	Withhold
1.11	Elect Director Robert H. Swan	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Page 3 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Sent	28,200	28,200
		Totals:	28,200	28,200

Baker Hughes Incorporated	Meeting Date
	31-Mar-10
Ticker: BHI

CUSIP: 057224107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve Issue of Shares in Connection with Acquisition	Mgmt	Yes	For	For
2	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
3	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
4	Adjourn Meeting	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	10,200	10,200
		Totals:	10,200	10,200

BJ Services Company	Meeting Date
	31-Mar-10
Ticker: BJS

CUSIP: 055482103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Approve Merger Agreement	Mgmt	Yes	For	For
2	Adjourn Meeting	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	24,700	24,700
		Totals:	24,700	24,700

Schlumberger Ltd.	Meeting Date
	07-Apr-10
Ticker: SLB

CUSIP: 806857108

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect P. Camus as Director	Mgmt	Yes	For	For

Page 4 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

1.2	Elect P. Currie as Director	Mgmt	Yes	For	For
1.3	Elect J.S. Gorelick as Director	Mgmt	Yes	For	For
1.4	Elect A. Gould as Director	Mgmt	Yes	For	For
1.5	Elect T. Isaac as Director	Mgmt	Yes	For	For
1.6	Elect K.V. Kamath as Director	Mgmt	Yes	For	For
1.7	Elect N. Kudryavtsev as Director	Mgmt	Yes	For	For
1.8	Elect A. Lajous as Director	Mgmt	Yes	For	For
1.9	Elect M.E. Marks as Director	Mgmt	Yes	For	For
1.10	Elect L.R. Reif as Director	Mgmt	Yes	For	For
1.11	Elect T.I. Sandvold as Director	Mgmt	Yes	For	For
1.12	Elect H. Seydoux as Director	Mgmt	Yes	For	For
2	Adopt and Approve Financials and Dividends	Mgmt	Yes	For	For
3	Approve 2010 Omnibus Stock Incentive Plan	Mgmt	Yes	For	For
4	Amend Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For
5	Ratify PricewaterhouseCoopers LLP as Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Approved	18,900	18,900
		Totals:	18,900	18,900

Arch Coal, Inc.	Meeting Date
	22-Apr-10
Ticker: ACI

CUSIP: 039380100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Brian J. Jennings	Mgmt	Yes	For	For
1.2	Elect Director Steven F. Leer	Mgmt	Yes	For	For
1.3	Elect Director Robert G. Potter	Mgmt	Yes	For	For
1.4	Elect Director Theodore D. Sands	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
4	Amend Executive Incentive Bonus Plan	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	14,400	14,400
		Totals:	14,400	14,400

Page 5 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

Baker Hughes Incorporated	Meeting Date
	22-Apr-10
Ticker: BHI

CUSIP: 057224107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Larry D. Brady	Mgmt	Yes	For	For
1.2	Elect Director Clarence P. Cazalot, Jr.	Mgmt	Yes	For	For
1.3	Elect Director Chad C. Deaton	Mgmt	Yes	For	For
1.4	Elect Director Edward P. Djerejian	Mgmt	Yes	For	For
1.5	Elect Director Anthony G. Fernandes	Mgmt	Yes	For	For
1.6	Elect Director Claire W. Gargalli	Mgmt	Yes	For	For
1.7	Elect Director Pierre H. Jungels	Mgmt	Yes	For	For
1.8	Elect Director James A. Lash	Mgmt	Yes	For	For
1.9	Elect Director J. Larry Nichols	Mgmt	Yes	For	For
1.10	Elect Director H. John Riley, Jr.	Mgmt	Yes	For	For
1.11	Elect Director Charles L. Watson	Mgmt	Yes	For	For
1.12	Elect Director J. W. Stewart	Mgmt	Yes	For	For
1.13	Elect Director James L. Payne	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Provide Right to Call Special Meeting	Mgmt	Yes	For	For
4	Require a Majority Vote for the Election of Directors	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	10,200	10,200
		Totals:	10,200	10,200

Bucyrus International, Inc.	Meeting Date
	22-Apr-10
Ticker: BUCY

CUSIP: 118759109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Deepak K. Kapur	Mgmt	Yes	For	For
1.2	Elect Director Theodore C. Rogers	Mgmt	Yes	For	For
1.3	Elect Director Robert C. Scharp	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Page 6 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	9,750	9,750
		Totals:	9,750	9,750

Petroleo Brasileiro	Meeting Date
	22-Apr-10
Ticker: N/A

CUSIP: P78331140

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Meeting for ADR Holders	Mgmt	No
	Ordinary Meeting	Mgmt	No
	Preferred Shareholders Have Voting Rights on Items 4 and 6 of this Agenda	Mgmt	No
1	Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2009	Mgmt	Yes	For	For
2	Approve Capital Budget for Upcoming Fiscal Year	Mgmt	Yes	For	For
3	Approve Allocation of Income and Dividends	Mgmt	Yes	For	For
4	Elect Directors	Mgmt	Yes	For	Against
5	Elect Board Chairman	Mgmt	Yes	For	Against
6	Elect Fiscal Council Members	Mgmt	Yes	For	Against
7	Approve Remuneration of Executive Officers, Non-Executive Directors, and Fiscal Council Members	Mgmt	Yes	For	Against
	Special Meeting	Mgmt	No
1	Authorize Capitalization of Reserves	Mgmt	Yes	For	For
2	Eliminate Preemptive Rights	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	17,250	17,250
		Totals:	17,250	17,250

Cabot Oil & Gas Corporation	Meeting Date
	27-Apr-10
Ticker: COG

CUSIP: 127097103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director David M. Carmichael	Mgmt	Yes	For	For
1.2	Elect Director Robert L. Keiser	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Report on Environmental Impacts of Natural Gas Fracturing	SH	Yes	Against	Against

Page 7 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	8,900	8,900
		Totals:	8,900	8,900

Exelon Corporation	Meeting Date
	27-Apr-10
Ticker: EXC

CUSIP: 30161N101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director John A. Canning, Jr.	Mgmt	Yes	For	For
2	Elect Director M. Walter D’Alessio	Mgmt	Yes	For	For
3	Elect Director Nicholas DeBenedictis	Mgmt	Yes	For	For
4	Elect Director Bruce DeMars	Mgmt	Yes	For	For
5	Elect Director Nelson A. Diaz	Mgmt	Yes	For	For
6	Elect Director Sue L. Gin	Mgmt	Yes	For	For
7	Elect Director Rosemarie B. Greco	Mgmt	Yes	For	For
8	Elect Director Paul L. Joskow	Mgmt	Yes	For	For
9	Elect Director Richard W. Mies	Mgmt	Yes	For	For
10	Elect Director John M. Palms	Mgmt	Yes	For	For
11	Elect Director William C. Richardson	Mgmt	Yes	For	For
12	Elect Director Thomas J. Ridge	Mgmt	Yes	For	For
13	Elect Director John W. Rogers, Jr.	Mgmt	Yes	For	For
14	Elect Director John W. Rowe	Mgmt	Yes	For	For
15	Elect Director Stephen D. Steinour	Mgmt	Yes	For	For
16	Elect Director Don Thompson	Mgmt	Yes	For	For
17	Approve Omnibus Stock Plan	Mgmt	Yes	For	For
18	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	7,200	7,200
		Totals:	7,200	7,200

Page 8 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

Noble Energy, Inc.	Meeting Date
	27-Apr-10
Ticker: NBL

CUSIP: 655044105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Jeffrey L. Berenson	Mgmt	Yes	For	For
2	Elect Director Michael A. Cawley	Mgmt	Yes	For	For
3	Elect Director Edward F. Cox	Mgmt	Yes	For	For
4	Elect Director Charles D. Davidson	Mgmt	Yes	For	For
5	Elect Director Thomas J. Edelman	Mgmt	Yes	For	Against
6	Elect Director Eric P. Grubman	Mgmt	Yes	For	For
7	Elect Director Kirby L. Hedrick	Mgmt	Yes	For	For
8	Elect Director Scott D. Urban	Mgmt	Yes	For	For
9	Elect Director William T. Van Kleef	Mgmt	Yes	For	For
10	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	12,350	12,350
		Totals:	12,350	12,350

EOG Resources, Inc.	Meeting Date
	28-Apr-10
Ticker: EOG

CUSIP: 26875P101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director George A. Alcorn	Mgmt	Yes	For	For
2	Elect Director Charles R. Crisp	Mgmt	Yes	For	For
3	Elect Director James C. Day	Mgmt	Yes	For	For
4	Elect Director Mark G. Papa	Mgmt	Yes	For	For
5	Elect Director H. Leighton Steward	Mgmt	Yes	For	For
6	Elect Director Donald F. Textor	Mgmt	Yes	For	For
7	Elect Director Frank G. Wisner	Mgmt	Yes	For	For
8	Ratify Auditors	Mgmt	Yes	For	For
9	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
10	Amend Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For
11	Amend Executive Incentive Bonus Plan	Mgmt	Yes	For	For
12	Report on Environmental Impacts of Natural Gas Fracturing	SH	Yes	Against	Against
13	Stock Retention/Holding Period	SH	Yes	Against	Against
14	Double Trigger on Equity Plans	SH	Yes	Against	Against

Page 9 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	7,650	7,650
		Totals:	7,650	7,650

Marathon Oil Corporation	Meeting Date
	28-Apr-10
Ticker: MRO

CUSIP: 565849106

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Gregory H. Boyce	Mgmt	Yes	For	For
2	Elect Director Clarence P. Cazalot, Jr.	Mgmt	Yes	For	For
3	Elect Director David A. Daberko	Mgmt	Yes	For	For
4	Elect Director William L. Davis	Mgmt	Yes	For	For
5	Elect Director Shirley Ann Jackson	Mgmt	Yes	For	For
6	Elect Director Philip Lader	Mgmt	Yes	For	For
7	Elect Director Charles R. Lee	Mgmt	Yes	For	For
8	Elect Director Michael E. J. Phelps	Mgmt	Yes	For	For
9	Elect Director Dennis H. Reilley	Mgmt	Yes	For	For
10	Elect Director Seth E. Schofield	Mgmt	Yes	For	For
11	Elect Director John W. Snow	Mgmt	Yes	For	For
12	Elect Director Thomas J. Usher	Mgmt	Yes	For	For
13	Ratify Auditors	Mgmt	Yes	For	For
14	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For
15	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	8,650	8,650
		Totals:	8,650	8,650

Valero Energy Corporation	Meeting Date
	29-Apr-10
Ticker: VLO

CUSIP: 91913Y100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Ruben M. Escobedo	Mgmt	Yes	For	For

Page 10 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

2	Elect Director Bob Marbut	Mgmt	Yes	For	For
3	Elect Director Robert A. Profusek	Mgmt	Yes	For	For
4	Ratify Auditors	Mgmt	Yes	For	For
5	Approve Omnibus Stock Plan	Mgmt	Yes	For	For
6	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	For
7	Report on Rainforest Sustainability	SH	Yes	Against	Against
8	Report on Political Contributions	SH	Yes	Against	Against
9	Stock Retention/Holding Period	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	14,800	14,800
		Totals:	14,800	14,800

CONSOL Energy Inc.	Meeting Date
	04-May-10
Ticker: CNX

CUSIP: 20854P109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director John Whitmire	Mgmt	Yes	For	For
1.2	Elect Director J. Brett Harvey	Mgmt	Yes	For	For
1.3	Elect Director James E. Altmeyer, Sr.	Mgmt	Yes	For	For
1.4	Elect Director Philip W. Baxter	Mgmt	Yes	For	For
1.5	Elect Director William E. Davis	Mgmt	Yes	For	For
1.6	Elect Director Raj K. Gupta	Mgmt	Yes	For	For
1.7	Elect Director Patricia A. Hammick	Mgmt	Yes	For	For
1.8	Elect Director David C. Hardesty, Jr.	Mgmt	Yes	For	For
1.9	Elect Director John T. Mills	Mgmt	Yes	For	For
1.10	Elect Director William P. Powell	Mgmt	Yes	For	For
1.11	Elect Director Joseph T. Williams	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	6,550	6,550
		Totals:	6,550	6,550

Page 11 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

Peabody Energy Corporation	Meeting Date
	04-May-10
Ticker: BTU

CUSIP: 704549104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Gregory H. Boyce	Mgmt	Yes	For	For
1.2	Elect Director William A. Coley	Mgmt	Yes	For	For
1.3	Elect Director William E. James	Mgmt	Yes	For	For
1.4	Elect Director Robert B. Karn, III	Mgmt	Yes	For	For
1.5	Elect Director M. Frances Keeth	Mgmt	Yes	For	For
1.6	Elect Director Henry E. Lentz	Mgmt	Yes	For	For
1.7	Elect Director Robert A. Malone	Mgmt	Yes	For	For
1.8	Elect Director William C. Rusnack	Mgmt	Yes	For	For
1.9	Elect Director John F. Turner	Mgmt	Yes	For	For
1.10	Elect Director Alan H. Washkowitz	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	10,800	10,800
		Totals:	10,800	10,800

Suncor Energy Inc	Meeting Date
	04-May-10
Ticker: SU

CUSIP: 867224107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Mel E. Benson	Mgmt	Yes	For	For
1.2	Elect Director Brian A. Canfield	Mgmt	Yes	For	For
1.3	Elect Director Dominic D’Alessandro	Mgmt	Yes	For	For
1.4	Elect Director John T. Ferguson	Mgmt	Yes	For	For
1.5	Elect Director W. Douglas Ford	Mgmt	Yes	For	For
1.6	Elect Director Richard L. George	Mgmt	Yes	For	For
1.7	Elect Director Paul Haseldonckx	Mgmt	Yes	For	For
1.8	Elect Director John R. Huff	Mgmt	Yes	For	For
1.9	Elect Director Jacques Lamarre	Mgmt	Yes	For	For
1.10	Elect Director Brian F. MacNeill	Mgmt	Yes	For	For

Page 12 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

1.11	Elect Director Maureen McCaw	Mgmt	Yes	For	For
1.12	Elect Director Michael W. O’Brien	Mgmt	Yes	For	For
1.13	Elect Director James W. Simpson	Mgmt	Yes	For	For
1.14	Elect Director Eira Thomas	Mgmt	Yes	For	For
2	Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	14,200	14,200
		Totals:	14,200	14,200

Enbridge Inc.	Meeting Date
	05-May-10
Ticker: ENB

CUSIP: 29250N105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director David A. Arledge	Mgmt	Yes	For	For
1.2	Elect Director James J. Blanchard	Mgmt	Yes	For	For
1.3	Elect Director J. Lorne Braithwaite	Mgmt	Yes	For	For
1.4	Elect Director Patrick D. Daniel	Mgmt	Yes	For	For
1.5	Elect Director J. Herb England	Mgmt	Yes	For	For
1.6	Elect Director Charles W. Fischer	Mgmt	Yes	For	For
1.7	Elect Director David A. Leslie	Mgmt	Yes	For	For
1.8	Elect Director George K. Petty	Mgmt	Yes	For	For
1.9	Elect Director Charles E. Shultz	Mgmt	Yes	For	For
1.10	Elect Director Dan C. Tutcher	Mgmt	Yes	For	For
1.11	Elect Director Catherine L. Williams	Mgmt	Yes	For	For
2	Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	12,950	12,950
		Totals:	12,950	12,950

Page 13 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

Hess Corporation	Meeting Date
	05-May-10
Ticker: HES

CUSIP: 42809H107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director N.F. Brady	Mgmt	Yes	For	For
1.2	Elect Director G.P. Hill	Mgmt	Yes	For	For
1.3	Elect Director T.H. Kean	Mgmt	Yes	For	For
1.4	Elect Director F.A. Olson	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
4	Report on Political Contributions	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	7,150	7,150
		Totals:	7,150	7,150

Apache Corporation	Meeting Date
	06-May-10
Ticker: APA

CUSIP: 037411105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Eugene C. Fiedorek	Mgmt	Yes	For	For
2	Elect Director Patricia Albjerg Graham	Mgmt	Yes	For	For
3	Elect Director F.H. Merelli	Mgmt	Yes	For	For
4	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	8,850	8,850
		Totals:	8,850	8,850

CHICAGO BRIDGE AND IRON COMPANY NV	Meeting Date
	06-May-10
Ticker: CBI

CUSIP: 167250109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Meeting for ADR Holders	Mgmt	No
1	Election Of The Member Of The Supervisory Board: Michael L. Underwood. (please Note That An Abstain Vote Will count As A For Vote For The Alternate Nominee Luciano Reyes)	Mgmt	Yes	For	Do Not Vote

Page 14 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

2	Election Of Member Of Management Board: Chicago Bridge & Iron Company B.v. (please Note That An Abstain Vote Will Count As a For Vote For Alternate Nominee Lealand Finance Company B.v.)	Mgmt	Yes	For	Do Not Vote
3	Authorize The Preparation Of Our Dutch Statutory Annual Accounts and Annual Report Of Our Management Board In English Language.	Mgmt	Yes	For	Do Not Vote
4	To Discharge The Sole Member Of The Management Board From liability, All As More Fully Described In The Proxy Statement.	Mgmt	Yes	For	Do Not Vote
5	To Discharge The Members Of The Supervisory Board From liability, All As More Fully Described In The Proxy Statement.	Mgmt	Yes	For	Do Not Vote
6	To Approve The Extension Of The Authority Of Our Management Board, To Repurchase Up To 10% Of Issued Share Capital.	Mgmt	Yes	For	Do Not Vote
7	To Appoint Ernst & Young Llp As Our Independent Registered Public Accounting Firm, Who Will Audit Our Accounts.	Mgmt	Yes	For	Do Not Vote
8	To Approve The Chicago Bridge & Iron Company Incentive Compensation Program.	Mgmt	Yes	For	Do Not Vote
9	To Approve The Extension Of The Authority Of The Supervisory Board To Issue Shares And/or Grant Rights To Acquire Shares.	Mgmt	Yes	For	Do Not Vote
10	To Approve The Compensation Of The Members Of The Supervisory Board.	Mgmt	Yes	For	Do Not Vote
11	Receive Explanation on Company’s Reserves and Dividend Policy	Mgmt	No

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	AutoApproved	14,600	14,600
		Totals:	14,600	14,600

Fluor Corporation	Meeting Date
	06-May-10
Ticker: FLR

CUSIP: 343412102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director James T. Hackett	Mgmt	Yes	For	For
2	Elect Director Kent Kresa	Mgmt	Yes	For	For
3	Elect Director Nader H. Sultan	Mgmt	Yes	For	For
4	Ratify Auditors	Mgmt	Yes	For	For
5	Require Independent Board Chairman	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	14,700	14,700
		Totals:	14,700	14,700

Page 15 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

Entergy Corporation	Meeting Date
	07-May-10
Ticker: ETR

CUSIP: 29364G103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Maureen Scannell Bateman	Mgmt	Yes	For	For
2	Elect Director W. Frank Blount	Mgmt	Yes	For	For
3	Elect Director Gary W. Edwards	Mgmt	Yes	For	For
4	Elect Director Alexis M. Herman	Mgmt	Yes	For	For
5	Elect Director Donald C. Hintz	Mgmt	Yes	For	For
6	Elect Director J. Wayne Leonard	Mgmt	Yes	For	For
7	Elect Director Stuart L. Levenick	Mgmt	Yes	For	For
8	Elect Director Stewart C. Myers	Mgmt	Yes	For	For
9	Elect Director James R. Nichols	Mgmt	Yes	For	For
10	Elect Director William A. Percy, II	Mgmt	Yes	For	For
11	Elect Director W.J. Tauzin	Mgmt	Yes	For	For
12	Elect Director Steven V. Wilkinson	Mgmt	Yes	For	For
13	Ratify Auditors	Mgmt	Yes	For	For
14	Amend Executive Incentive Bonus Plan	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	5,650	5,650
		Totals:	5,650	5,650

FMC Technologies, Inc.	Meeting Date
	07-May-10
Ticker: FTI

CUSIP: 30249U101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Thorleif Enger	Mgmt	Yes	For	For
1.2	Elect Director Claire S. Farley	Mgmt	Yes	For	For
1.3	Elect Director Joseph H. Netherland	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Require a Majority Vote for the Election of Directors	SH	Yes	Against	Against

Page 16 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	9,400	9,400
		Totals:	9,400	9,400

Newfield Exploration Company	Meeting Date
	07-May-10
Ticker: NFX

CUSIP: 651290108

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Lee K. Boothby	Mgmt	Yes	For	For
1.2	Elect Director Philip J. Burguieres	Mgmt	Yes	For	For
1.3	Elect Director Pamela J. Gardner	Mgmt	Yes	For	For
1.4	Elect Director John Randolph Kemp III	Mgmt	Yes	For	For
1.5	Elect Director J. Michael Lacey	Mgmt	Yes	For	For
1.6	Elect Director Joseph H. Netherland	Mgmt	Yes	For	For
1.7	Elect Director Howard H. Newman	Mgmt	Yes	For	For
1.8	Elect Director Thomas G. Ricks	Mgmt	Yes	For	For
1.9	Elect Director Juanita F. Romans	Mgmt	Yes	For	For
1.10	Elect Director C. E. (Chuck) Shultz	Mgmt	Yes	For	For
1.11	Elect Director J. Terry Strange	Mgmt	Yes	For	For
2	Approve Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	18,750	18,750
		Totals:	18,750	18,750

Occidental Petroleum Corporation	Meeting Date
	07-May-10
Ticker: OXY

CUSIP: 674599105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Spencer Abraham	Mgmt	Yes	For	For
2	Elect Director John S. Chalsty	Mgmt	Yes	For	For
3	Elect Director Stephen I. Chazen	Mgmt	Yes	For	For
4	Elect Director Edward P. Djerejian	Mgmt	Yes	For	For

Page 17 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

5	Elect Director John E. Feick	Mgmt	Yes	For	For
6	Elect Director Carlos M. Gutierrez	Mgmt	Yes	For	For
7	Elect Director Ray R. Irani	Mgmt	Yes	For	For
8	Elect Director Irvin W. Maloney	Mgmt	Yes	For	For
9	Elect Director Avedick B. Poladian	Mgmt	Yes	For	For
10	Elect Director Rodolfo Segovia	Mgmt	Yes	For	For
11	Elect Director Aziz D. Syriani	Mgmt	Yes	For	For
12	Elect Director Rosemary Tomich	Mgmt	Yes	For	For
13	Elect Director Walter L. Weisman	Mgmt	Yes	For	For
14	Ratify Auditors	Mgmt	Yes	For	For
15	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
16	Advisory Vote to Ratify Named Executive Officers’ Compensation	Mgmt	Yes	For	Against
17	Limit Executive Compensation	SH	Yes	Against	Against
18	Require Independent Board Chairman	SH	Yes	Against	For
19	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For
20	Report on Host Country Social and Environmental Laws	SH	Yes	Against	Against
21	Require a Majority Vote for the Election of Directors	SH	Yes	Against	For
22	Report on Policy for Increasing Safety by Reducing Hazardous Substance Usage and Re-locating Facilities	SH	Yes	Against	Against
23	Double Trigger on Equity Plans	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	11,200	11,200
		Totals:	11,200	11,200

Cameron International Corporation	Meeting Date
	12-May-10
Ticker: CAM

CUSIP: 13342B105

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Michael E. Patrick	Mgmt	Yes	For	For
1.2	Elect Director Jon Erik Reinhardsen	Mgmt	Yes	For	For
1.3	Elect Director Bruce W. Wilkinson	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Page 18 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	20,200	20,200
		Totals:	20,200	20,200

ConocoPhillips	Meeting Date
	12-May-10
Ticker: COP

CUSIP: 20825C104

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Richard L. Armitage	Mgmt	Yes	For	For
1.2	Elect Director Richard H. Auchinleck	Mgmt	Yes	For	For
1.3	Elect Director James E. Copeland, Jr.	Mgmt	Yes	For	For
1.4	Elect Director Kenneth M. Duberstein	Mgmt	Yes	For	For
1.5	Elect Director Ruth R. Harkin	Mgmt	Yes	For	For
1.6	Elect Director Harold W. Mcgraw III	Mgmt	Yes	For	For
1.7	Elect Director James J. Mulva	Mgmt	Yes	For	For
1.8	Elect Director Robert A. Niblock	Mgmt	Yes	For	For
1.9	Elect Director Harald J. Norvik	Mgmt	Yes	For	For
1.10	Elect Director William K. Reilly	Mgmt	Yes	For	For
1.11	Elect Director Bobby S. Shackouls	Mgmt	Yes	For	For
1.12	Elect Director Victoria J. Tschinkel	Mgmt	Yes	For	For
1.13	Elect Director Kathryn C. Turner	Mgmt	Yes	For	For
1.14	Elect Director William E. Wade, Jr.	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Report on Board Risk Management Oversight	SH	Yes	Against	Against
4	Adopt Quantitative GHG Goals for Products and Operations	SH	Yes	Against	Against
5	Report on Environmental Impact of Oil Sands Operations in Canada	SH	Yes	Against	Against
6	Adopt Policy to Address Coastal Louisiana Environmental Impacts	SH	Yes	Against	Against
7	Report on Financial Risks of Climate Change	SH	Yes	Against	Against
8	Adopt Goals to Reduce Emission of TRI Chemicals	SH	Yes	Against	Against
9	Amend EEO Policy to Prohibit Discrimination Based on Sexual Orientation and Gender Identity	SH	Yes	Against	Against
10	Report on Political Contributions	SH	Yes	Against	Against

Page 19 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	8,750	8,750
		Totals:	8,750	8,750

National Oilwell Varco, Inc.	Meeting Date
	12-May-10
Ticker: NOV

CUSIP: 637071101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Ben A. Guill	Mgmt	Yes	For	For
1.2	Elect Director Roger L. Jarvis	Mgmt	Yes	For	For
1.3	Elect Director Eric L. Mattson	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	26,100	26,100
		Totals:	26,100	26,100

Transocean Ltd.	Meeting Date
	14-May-10
Ticker: RIG

CUSIP: H8817H100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
2	Approve Discharge of Board and Senior Management	Mgmt	Yes	For	For
3	Approve Allocation of Income and Omission of Dividends	Mgmt	Yes	For	For
4	Change Location of Registered Office to Steinhausen, Switzerland	Mgmt	Yes	For	For
5	Approve Creation of CHF 2.5 Billion Pool of Capital without Preemptive Rights	Mgmt	Yes	For	For
6	Approve Reduction in Share Capita and Repayment of $3.11 per Sharel	Mgmt	Yes	For	For
7	Amend Articles Re: Share Certificates due to New Swiss Federal Act on Intermediated Securities	Mgmt	Yes	For	For
8a	Elect Steven Newman as Director	Mgmt	Yes	For	For
8b	Reelect Thomas Carson as Director	Mgmt	Yes	For	For
8c	Reelect Robert Sprague as Director	Mgmt	Yes	For	For
8d	Reelect J. Michael Talbert as Director	Mgmt	Yes	For	For

Page 20 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

8e	Reelect John Whitmire as Director	Mgmt	Yes	For	For
9	Appointment Of Ernst & Young LLP as Independent Registered Public Accounting Firm for Fiscal Year 2010	Mgmt	Yes	For	For
10	Transact Other Business (Voting)	Mgmt	Yes	For	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	7,583	7,583
		Totals:	7,583	7,583

Anadarko Petroleum Corporation	Meeting Date
	18-May-10
Ticker: APC

CUSIP: 032511107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director H. Paulett Eberhart	Mgmt	Yes	For	For
2	Elect Director Preston M. Geren III	Mgmt	Yes	For	For
3	Elect Director James T. Hackett	Mgmt	Yes	For	For
4	Ratify Auditors	Mgmt	Yes	For	For
5	Amend EEO Policy to Prohibit Discrimination based on Sexual Orientation and Gender Identity	SH	Yes	Against	Against
6	Reimburse Expenses Incurred by Stockholder in Contested Election of Directors	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	7,450	7,450
		Totals:	7,450	7,450

Southwestern Energy Company	Meeting Date
	18-May-10
Ticker: SWN

CUSIP: 845467109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Lewis E. Epley, Jr.	Mgmt	Yes	For	For
1.2	Elect Director Robert L. Howard	Mgmt	Yes	For	For
1.3	Elect Director Harold M. Korell	Mgmt	Yes	For	For
1.4	Elect Director Vello A. Kuuskraa	Mgmt	Yes	For	For
1.5	Elect Director Kenneth R. Mourton	Mgmt	Yes	For	For
1.6	Elect Director Steven L. Mueller	Mgmt	Yes	For	For
1.7	Elect Director Charles E. Scharlau	Mgmt	Yes	For	For

Page 21 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

2	Ratify Auditors	Mgmt	Yes	For	For
3	Increase Authorized Common Stock	Mgmt	Yes	For	For
4	Require a Majority Vote for the Election of Directors	SH	Yes	Against	For
5	Report on Political Contributions	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	29,750	29,750
		Totals:	29,750	29,750

Alpha Natural Resources, Inc.	Meeting Date
	19-May-10
Ticker: ANR

CUSIP: 02076X102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Michael J. Quillen	Mgmt	Yes	For	For
1.2	Elect Director William J. Crowley Jr.	Mgmt	Yes	For	For
1.3	Elect Director Kevin S. Crutchfield	Mgmt	Yes	For	For
1.4	Elect Director E. Linn Draper, Jr.	Mgmt	Yes	For	For
1.5	Elect Director Glenn A. Eisenberg	Mgmt	Yes	For	For
1.6	Elect Director John W. Fox, Jr.	Mgmt	Yes	For	For
1.7	Elect Director P. Michael Giftos	Mgmt	Yes	For	For
1.8	Elect Director Joel Richards, III	Mgmt	Yes	For	For
1.9	Elect Director James F. Roberts	Mgmt	Yes	For	For
1.10	Elect Director Ted G. Wood	Mgmt	Yes	For	For
2	Approve Omnibus Stock Plan	Mgmt	Yes	For	Against
3	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	5,528	5,528
		Totals:	5,528	5,528

El Paso Corporation	Meeting Date
	19-May-10
Ticker: EP

CUSIP: 28336L109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Juan Carlos Braniff	Mgmt	Yes	For	For

Page 22 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

2	Elect Director David W. Crane	Mgmt	Yes	For	For
3	Elect Director Douglas L. Foshee	Mgmt	Yes	For	For
4	Elect Director Robert W. Goldman	Mgmt	Yes	For	For
5	Elect Director Anthony W. Hall, Jr.	Mgmt	Yes	For	For
6	Elect Director Thomas R. Hix	Mgmt	Yes	For	For
7	Elect Director Ferrell P. McClean	Mgmt	Yes	For	For
8	Elect Director Timothy J. Probert	Mgmt	Yes	For	For
9	Elect Director Steven J. Shapiro	Mgmt	Yes	For	For
10	Elect Director J. Michael Talbert	Mgmt	Yes	For	For
11	Elect Director Robert F. Vagt	Mgmt	Yes	For	For
12	Elect Director John L. Whitmire	Mgmt	Yes	For	For
13	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
14	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	44,750	44,750
		Totals:	44,750	44,750

Halliburton Company	Meeting Date
	19-May-10
Ticker: HAL

CUSIP: 406216101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director A.M. Bennett	Mgmt	Yes	For	For
2	Elect Director J.R. Boyd	Mgmt	Yes	For	For
3	Elect Director M. Carroll	Mgmt	Yes	For	For
4	Elect Director N.K. Dicciani	Mgmt	Yes	For	For
5	Elect Director S.M. Gillis	Mgmt	Yes	For	For
6	Elect Director J.T. Hackett	Mgmt	Yes	For	For
7	Elect Director D.J. Lesar	Mgmt	Yes	For	For
8	Elect Director R.A. Malone	Mgmt	Yes	For	For
9	Elect Director J.L. Martin	Mgmt	Yes	For	For
10	Elect Director D.L. Reed	Mgmt	Yes	For	For
11	Ratify Auditors	Mgmt	Yes	For	For
12	Review and Assess Human Rights Policies	SH	Yes	Against	Against
13	Report on Political Contributions	SH	Yes	Against	Against

Page 23 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

14	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
15	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	40,700	40,700
		Totals:	40,700	40,700

CNOOC Ltd.	Meeting Date
	20-May-10
Ticker: N/A

CUSIP: Y1662W117

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Meeting for ADR Holders	Mgmt	No
1a	Accept Financial Statements and Statutory Reports	Mgmt	Yes	For	For
1b	Approve Final Dividend	Mgmt	Yes	For	For
1c1	Reelect Tse Hau Yin, Aloysius as Independent Non-Executive Director	Mgmt	Yes	For	For
1c2	Reelect Zhou Shouwei as Non-Executive Director	Mgmt	Yes	For	For
1c3	Reelect Yang Hua as Executive Director	Mgmt	Yes	For	For
1c4	Authorize Board Of Directors to Fix Remuneration of Directors	Mgmt	Yes	For	For
1e	Re-appoint Auditors and Authorise The Board to Fix Remuneration	Mgmt	Yes	For	For
1d	Reelect Chiu Sung Hong as Independent Non-Executive Director and Authorize Board to Fix His Remuneration	Mgmt	Yes	For	For
2a	Authorize Repurchase of Up to 10 Percent of Issued Share Capital	Mgmt	Yes	For	For
2b	Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights	Mgmt	Yes	For	For
2c	Authorize Reissuance of Repurchased Shares	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	2,250	2,250
		Totals:	2,250	2,250

Page 24 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

The Williams Companies, Inc.	Meeting Date
	20-May-10
Ticker: WMB

CUSIP: 969457100

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Elect Director Kathleen B. Cooper	Mgmt	Yes	For	For
2	Elect Director William R. Granberry	Mgmt	Yes	For	For
3	Elect Director William G. Lowrie	Mgmt	Yes	For	For
4	Declassify the Board of Directors	Mgmt	Yes	For	For
5	Amend Omnibus Stock Plan	Mgmt	Yes	For	For
6	Ratify Auditors	Mgmt	Yes	For	For
7	Report on Environmental Impacts of Natural Gas Fracturing	SH	Yes	Against	Against
8	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	15,000	15,000
		Totals:	15,000	15,000

Continental Resources, Inc.	Meeting Date
	25-May-10
Ticker: CLR

CUSIP: 212015101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Harold G. Hamm	Mgmt	Yes	For	For
1.2	Elect Director David L. Boren	Mgmt	Yes	For	For
1.3	Elect Director John T. McNabb, II	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	19,650	19,650
		Totals:	19,650	19,650

ENSCO plc	Meeting Date
	25-May-10
Ticker: ESV

CUSIP: 29358Q109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Meeting for ADR Holders	Mgmt	No
1	Elect Thomas Kelly II as Class II Director	Mgmt	Yes	For	For
2	Elect Rita Rodriguez as Class II Director	Mgmt	Yes	For	For
3	Appoint KPMG LLP as US Independent Registered Public Accounting Firm for 2010	Mgmt	Yes	For	For

Page 25 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

4	Appoint KPMG Audit plc as Auditors and Authorise Their Remuneration	Mgmt	Yes	For	For
5	Re-approve the Ensco 2005 Cash Incentive Plan	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	6,800	6,800
		Totals:	6,800	6,800

Cameco Corp.	Meeting Date
	26-May-10
Ticker: CCO

CUSIP: 13321L108

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	The Undersigned Hereby Certifies that the Shares Represented by this Proxy are Owned and Controlled by a Canadian	Mgmt	Yes	None	Abstain
2.1	Elect Director John H. Clappison	Mgmt	Yes	For	For
2.2	Elect Director Joe F. Colvin	Mgmt	Yes	For	For
2.3	Elect Director James R. Curtiss	Mgmt	Yes	For	For
2.4	Elect Director Donald H.F. Deranger	Mgmt	Yes	For	For
2.5	Elect Director James K. Gowans	Mgmt	Yes	For	For
2.6	Elect Director Gerald W. Grandey	Mgmt	Yes	For	For
2.7	Elect Director Nancy E. Hopkins	Mgmt	Yes	For	For
2.8	Elect Director Oyvind Hushovd	Mgmt	Yes	For	For
2.9	Elect Director J.W. George Ivany	Mgmt	Yes	For	For
2.10	Elect Director A. Anne McLellan	Mgmt	Yes	For	For
2.11	Elect Director A. Neill McMillan	Mgmt	Yes	For	For
2.12	Elect Director Victor J. Zaleschuk	Mgmt	Yes	For	For
3	Ratify KPMG LLP as Auditors	Mgmt	Yes	For	For
4	Advisory Vote on Executive Compensation Approach	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	5,450	5,450
		Totals:	5,450	5,450

Page 26 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

Clean Energy Fuels Corp.	Meeting Date
	26-May-10
Ticker: CLNE

CUSIP: 184499101

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Andrew J. Littlefair	Mgmt	Yes	For	For
1.2	Elect Director Warren I. Mitchell	Mgmt	Yes	For	For
1.3	Elect Director John S. Herrington	Mgmt	Yes	For	For
1.4	Elect Director James C. Miller, III	Mgmt	Yes	For	For
1.5	Elect Director Boone Pickens	Mgmt	Yes	For	For
1.6	Elect Director Kenneth M. Socha	Mgmt	Yes	For	For
1.7	Elect Director Vincent C. Taormina	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Increase Authorized Common Stock	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	17,200	17,200
		Totals:	17,200	17,200

Exxon Mobil Corporation	Meeting Date
	26-May-10
Ticker: XOM

CUSIP: 30231G102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director M.J. Boskin	Mgmt	Yes	For	For
1.2	Elect Director P. Brabeck-Letmathe	Mgmt	Yes	For	For
1.3	Elect Director L.R. Faulkner	Mgmt	Yes	For	For
1.4	Elect Director J.S. Fishman	Mgmt	Yes	For	For
1.5	Elect Director K.C. Frazier	Mgmt	Yes	For	For
1.6	Elect Director W.W. George	Mgmt	Yes	For	For
1.7	Elect Director M.C. Nelson	Mgmt	Yes	For	For
1.8	Elect Director S.J. Palmisano	Mgmt	Yes	For	For
1.9	Elect Director S.C. Reinemund	Mgmt	Yes	For	For
1.10	Elect Director R.W. Tillerson	Mgmt	Yes	For	For
1.11	Elect Director E.E. Whitacre, Jr.	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Amend Articles/Bylaws/Charter — Call Special Meetings	SH	Yes	Against	For
4	Reincorporate in Another State [from New Jersey to North Dakota]	SH	Yes	Against	Against
5	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against

Page 27 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

6	Amend EEO Policy to Prohibit Discrimination based on Sexual Orientation and Gender Identity	SH	Yes	Against	Against
7	Adopt Policy on Human Right to Water	SH	Yes	Against	Against
8	Adopt Policy to Address Coastal Louisiana Environmental Impacts	SH	Yes	Against	Against
9	Report on Environmental Impact of Oil Sands Operations in Canada	SH	Yes	Against	For
10	Report on Environmental Impacts of Natural Gas Fracturing	SH	Yes	Against	For
11	Report on Energy Technologies Development	SH	Yes	Against	Against
12	Adopt Quantitative GHG Goals from Products and Operations	SH	Yes	Against	For
13	Report on Risks of Alternative Long-term Fossil Fuel Demand Estimates	SH	Yes	Against	Against

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	13,000	13,000
		Totals:	13,000	13,000

First Solar, Inc.	Meeting Date
	01-Jun-10
Ticker: FSLR

CUSIP: 336433107

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director Michael J. Ahearn	Mgmt	Yes	For	For
1.2	Elect Director Robert J. Gillette	Mgmt	Yes	For	For
1.3	Elect Director Craig Kennedy	Mgmt	Yes	For	For
1.4	Elect Director James F. Nolan	Mgmt	Yes	For	For
1.5	Elect Director William J. Post	Mgmt	Yes	For	For
1.6	Elect Director J. Thomas Presby	Mgmt	Yes	For	For
1.7	Elect Director Paul H. Stebbins	Mgmt	Yes	For	For
1.8	Elect Director Michael Sweeney	Mgmt	Yes	For	For
1.9	Elect Director Jose H. Villarreal	Mgmt	Yes	For	For
2	Approve Omnibus Stock Plan	Mgmt	Yes	For	Against
3	Approve Qualified Employee Stock Purchase Plan	Mgmt	Yes	For	For
4	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Sent	2,750	2,750
		Totals:	2,750	2,750

Page 28 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

Nabors Industries, Ltd.	Meeting Date
	01-Jun-10
Ticker: NBR

CUSIP: G6359F103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect John V. Lombardi as Director	Mgmt	Yes	For	For
1.2	Elect James L. Payne as Director	Mgmt	Yes	For	For
2	Appoint Pricewaterhouse Coopers LLP and Authorize Audit Committee of the Board to Fix Their Remuneration	Mgmt	Yes	For	For
3	Adopt Pay for Superior Performance Standard in the Company’s Executive Compensation Plan for Senior Executives	SH	Yes	Against	Against
4	Advisory Vote to Ratify Named Executive Officers’ Compensation	SH	Yes	Against	Against
5	Require Independent Board Chairman	SH	Yes	Against	For
6	Declassify the Board of Directors	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Sent	23,900	23,900
		Totals:	23,900	23,900

TENARIS SA	Meeting Date
	02-Jun-10
Ticker: N/A

CUSIP: L90272102

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Meeting for ADR Holders	Mgmt	No
1	Receive and Approve Directors’ and Auditors’ Reports	Mgmt	Yes	For	For
2	Accept Consolidated Financial Statements for Fiscal 2007, 2008, and 2009	Mgmt	Yes	For	For
3	Accept Financial Statements for Fiscal 2009	Mgmt	Yes	For	For
4	Approve Allocation of Income and Dividends of USD 0.34 per Share	Mgmt	Yes	For	For
5	Approve Discharge of Directors	Mgmt	Yes	For	For
6	Reelect Roberto Bonatti, Carlos Condorelli, Carlos Franck, Roberto Monti, Gianfelice Mario Rocca, Paolo Rocca, Jaime Serra Puche, Alberto valsecchi, Amadeo Vazquez y Vazquez, and Guillermo Vogel as Directors (Bundled)	Mgmt	Yes	For	For
7	Approve Remuneration of Directors	Mgmt	Yes	For	For
8	Approve PricewaterhouseCoopers Auditors and Fix Their Remuneration	Mgmt	Yes	For	For
9	Approve Share Repurchase Program	Mgmt	Yes	For	For

Page 29 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

10 Allow Electronic Distribution of Company Communications Mgmt Yes For For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	21,700	21,700
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	21,700	21,700
		Totals:	43,400	43,400

SandRidge Energy, Inc.	Meeting Date
	04-Jun-10
Ticker: SD

CUSIP: 80007P307

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director William A. Gilliland	Mgmt	Yes	For	For
1.2	Elect Director D. Dwight Scott	Mgmt	Yes	For	For
1.3	Elect Director Jeffrey S. Serota	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Sent	34,300	34,300
		Totals:	34,300	34,300

SandRidge Energy, Inc.	Meeting Date
	08-Jun-10
Ticker: SD

CUSIP: 80007P307

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1	Issue Shares in Connection with Acquisition	Mgmt	Yes	For	For
2	Increase Authorized Common Stock	Mgmt	Yes	For	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	36,550	36,550
		Totals:	36,550	36,550

Page 30 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

Devon Energy Corporation	Meeting Date
	09-Jun-10
Ticker: DVN

CUSIP: 25179M103

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Director John Richels	Mgmt	Yes	For	For
2	Ratify Auditors	Mgmt	Yes	For	For
3	Reduce Supermajority Vote Requirement	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Sent	9,900	9,900
		Totals:	9,900	9,900

Ultra Petroleum Corp.	Meeting Date
	14-Jun-10
Ticker: UPL

CUSIP: 903914109

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
1.1	Elect Michael D. Watford as Director	Mgmt	Yes	For	For
1.2	Elect W. Charles Helton as Director	Mgmt	Yes	For	For
1.3	Elect Robert E. Rigney as Director	Mgmt	Yes	For	For
1.4	Elect Stephen J. McDaniel as Director	Mgmt	Yes	For	For
1.5	Elect Roger A. Brown as Director	Mgmt	Yes	For	For
2	Approve Ernst & Young LLP as Auditors and Authorize Board to Fix Their Remuneration	Mgmt	Yes	For	For
3	Provide a Report Summarizing the Environmental Impact of Hydraulic Fracturing and Potential Policies that will Outline the Reduction or Elimination of Hazards to the Environment	SH	Yes	Against	For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Sent	14,700	14,700
		Totals:	14,700	14,700

Petroleo Brasileiro	Meeting Date
	22-Jun-10
Ticker: N/A

CUSIP: P78331140

		Proponent	Votable Proposal	Mgmt Rec	Vote Instruction
	Meeting for ADR Holders	Mgmt	No
1	Amend Company’s Bylaws to Increase the Number of Authorized Preferred Shares	Mgmt	Yes	For	For
2	Amend Company’s Bylaws to Increase the Number of Authorized Common Shares	Mgmt	Yes	For	For
3	Amend Company’s Bylaws to Include Transitory Provision to Issue Shares with or without Preemptive Rights	Mgmt	Yes	For	Against

Page 31 of 32

Vote Summary Report   Report was run from: 7/1/09 to 6/30/10   Institutional Account(s): 73 Ivy Funds VIP Energy

4 Amend Article 4 of Company’s Bylaws to Reflect the Changes in its Capital Structure Mgmt Yes For For

Accounts and Shares Institutional Account Detail (IA Name, IA Number)	Custodian Account	Ballot Status	Available	Voted
73 Ivy Funds VIP Energy, 73	129841.1	Confirmed	11,550	11,550
		Totals:	11,550	11,550

Page 32 of 32

IVY FUNDS VIP GLOBAL NATURAL RESOURCES

Proxy Voting Record

Ivy Funds VIP Global Natural Resources

Vote Summary

July 1 2009 — June 30 2010

ISRAEL CHEMICALS LTD

Security	M5920A109	Meeting Type	Special General Meeting
Ticker Symbol		Meeting Date	20-Jul-2009
ISIN	IL0002810146	Agenda	702035305 - Management
City	TEL-AVIV	Holding Recon Date	18-Jun-2009
Country	Israel	Vote Deadline Date	06-Jul-2009
SEDOL(s)	6455530 - 6460211 - B020267	Quick Code

Item	Proposal	Type	Vote	For/Against Management
	AS A CONDITION OF VOTING, ISRAELI MARKET REGULATIONS REQUIRE THAT YOU DISCLOSE-WHETHER YOU HAVE A CONTROLLING OR PERSONAL INTEREST IN THIS COMPANY. SHOULD E-ITHER BE THE CASE, PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE SO THAT W-E MAY LODGE YOUR INSTRUCTIONS ACCORDINGLY. IF YOU DO NOT HAVE A CONTROLLING OR- PERSONAL INTEREST, SUBMIT YOUR VOTE AS NORMAL	Non-Voting
1.	Approve an agreement between the Company and the controlling shareholder, Israel Corporation Ltd., for the supply by Israel Corp to the Company and subsidiaries of management services including day to day consultancy, professional, finance, strategic, management consultancy, regulatory and media consultancy and representation; the agreement will replace the existing agreement which has been in force from 1996 until the present day by which Israel Corp supplied the services to the Company in consideration for USD 2.5 million a year, which amount was not updated from 1996 until now despite the considerable increase over the years in the business and geographic operation of the Company; in addition, directors of Israel Corp. are officers of the Company and in respect of their services the Company pays management fees to Israel Corp [USD 200,000 in respect of 3 directors of Israel Corp. in 2008]; the agreement will be for a 3 year period in consideration for USD 3.5 million a year and the Company will stop paying management fees in respect of the services of directors of Israel Corp	Management	For	For

ALPHA NATURAL RESOURCES, INC.

Security	02076X102	Meeting Type	Special
Ticker Symbol	ANR	Meeting Date	31-Jul-2009
ISIN	US02076X1028	Agenda	933118641 - Management
City		Holding Recon Date	25-Jun-2009
Country	United States	Vote Deadline Date	30-Jul-2009
SEDOL(s)		Quick Code

Item	Proposal	Type	Vote	For/Against Management
01	TO ADOPT THE AGREEMENT AND PLAN OF MERGER, DATED AS OF MAY 11, 2009, BETWEEN ALPHA NATURAL RESOURCES, INC. AND FOUNDATION COAL HOLDINGS, INC., AS DESCRIBED IN THE JOINT PROXY STATEMENT/PROSPECTUS, DATED JUNE 24, 2009 (PURSUANT TO WHICH ALPHA NATURAL RESOURCES, INC. WILL MERGE WITH AND INTO FOUNDATION COAL HOLDINGS, INC.).	Management	Against	Against
02	TO APPROVE ADJOURNMENTS OF THE ALPHA NATURAL RESOURCES, INC. SPECIAL MEETING, IF NECESSARY OR APPROPRIATE, TO PERMIT FURTHER SOLICITATION OF PROXIES IF THERE ARE NOT SUFFICIENT VOTES AT THE TIME OF THE ALPHA NATURAL RESOURCES, INC. SPECIAL MEETING TO APPROVE THE ABOVE PROPOSAL.	Management	Against	Against

BRISTOW GROUP INC.

Security	110394103	Meeting Type	Annual
Ticker Symbol	BRS	Meeting Date	05-Aug-2009
ISIN	US1103941035	Agenda	933115455 - Management
City		Holding Recon Date	09-Jun-2009
Country	United States	Vote Deadline Date	04-Aug-2009
SEDOL(s)		Quick Code

Item	Proposal	Type	Vote	For/Against Management
01	DIRECTOR	Management
	1       THOMAS N. AMONETT		For	For
	2       CHARLES F. BOLDEN, JR.		For	For
	3       STEPHEN J. CANNON		For	For
	4       JONATHAN H. CARTWRIGHT		For	For
	5       WILLIAM E. CHILES		For	For
	6       MICHAEL A. FLICK		For	For
	7       THOMAS C. KNUDSON		For	For
	8       KEN C. TAMBLYN		For	For
	9       WILLIAM P. WYATT		For	For
02	APPROVAL AND RATIFICATION OF THE SELECTION OF KPMG LLP AS THE COMPANY’S INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING MARCH 31, 2010.	Management	For	For

YINGLI GREEN ENERGY HOLD. CO. LTD.

Security	98584B103	Meeting Type	Annual
Ticker Symbol	YGE	Meeting Date	18-Aug-2009
ISIN	US98584B1035	Agenda	933126117 - Management
City		Holding Recon Date	17-Jul-2009
Country	China	Vote Deadline Date	12-Aug-2009
SEDOL(s)		Quick Code

Item	Proposal	Type	Vote	For/Against Management
01	TO ADOPT THE COMPANY’S AUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2008.	Management	For	For
2A	TO RE-ELECT MR. ZONGWEI LI AS A DIRECTOR OF THE COMPANY.	Management	Against	Against
2B	TO RE-ELECT MR. XIANGDONG WANG AS A DIRECTOR OF THE COMPANY.	Management	Against	Against

03	TO APPROVE AMENDMENT NO. 2 TO THE COMPANY’S 2006 STOCK INCENTIVE PLAN, IN THE FORM AS ATTACHED HERETO AS EXHIBIT A.	Management	For	For
04	TO APPROVE AMENDMENT NO. 3 TO THE COMPANY’S 2006 STOCK INCENTIVE PLAN, IN THE FORM AS ATTACHED HERETO AS EXHIBIT B.	Management	For	For
05	TO RATIFY AND APPOINT KPMG AS THE COMPANY’S INDEPENDENT AUDITORS.	Management	For	For

ISRAEL CHEMICALS LTD

Security	M5920A109	Meeting Type	Ordinary General Meeting
Ticker Symbol		Meeting Date	25-Aug-2009
ISIN	IL0002810146	Agenda	702051931 - Management
City	TEL-AVIV	Holding Recon Date	27-Jul-2009
Country	Israel	Vote Deadline Date	11-Aug-2009
SEDOL(s)	6455530 - 6460211 - B020267	Quick Code

Item	Proposal	Type	Vote	For/Against Management
	AS A CONDITION OF VOTING, ISRAELI MARKET REGULATIONS REQUIRE THAT YOU DISCLOSE-WHETHER YOU HAVE A CONTROLLING OR PERSONAL INTEREST IN THIS COMPANY. SHOULD E-ITHER BE THE CASE, PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE SO THAT W-E MAY LODGE YOUR INSTRUCTIONS ACCORDINGLY. IF YOU DO NOT HAVE A CONTROLLING OR- PERSONAL INTEREST, SUBMIT YOUR VOTE AS NORMAL	Non-Voting
1.	Approve the presentation of the financial statements and the Directors’ report for 2008	Management	For	For
2.	Re-appoint Messrs. N. Gilad, Y. Rosen, N. Yatziv, A. Paz, C. Erez, V. Medina, M. Vidman, A. Sadeh and A. Shochat as the Officiating Directors until the next AGM and approve their remuneration as well as liability exemption, insurance and indemnity will remain without change by a previous general meeting	Management	Against	Against
3.	Approve the annual remuneration and meeting attendance fees to some Directors in respect of Officiating as Directors in certain subsidiaries	Management	For	For
4.	Re-appoint Prof. Y. Orgold as an External Director for a statutory 3 year period without change in remuneration, liability exemption, insurance and indemnity	Management	For	For
5.	Appoint Dr. M. Haran as an External Director for a statutory 3 year period	Management	For	For
6.	Approve to issue Dr. Haran of liability exemption and indemnity undertaking in the form previously approved by general meeting and participation in existing D and O insurance	Management	For	For
7.	Approve the annual remuneration and meeting attendance fees to the External Directors: Prof. Orgold and Dr. Haran in respect of Officiating as Directors in subsidiaries	Management	For	For
8.	Appoint the Accountant Auditors and authorize the Board to fix their remuneration	Management	For	For

COMPANHIA DE SANEAMENTO DE MINAS GERAIS - COPASA

Security	P28269101	Meeting Type	ExtraOrdinary General Meeting
Ticker Symbol		Meeting Date	25-Sep-2009
ISIN	BRCSMGACNOR5	Agenda	702091644 - Management
City	BELO HORIZONTE	Holding Recon Date	23-Sep-2009
Country	Brazil	Vote Deadline Date	17-Sep-2009
SEDOL(s)	B0YBZJ2 - B1BYFV3	Quick Code

Item	Proposal	Type	Vote	For/Against Management
	IMPORTANT MARKET PROCESSING REQUIREMENT: A BENEFICIAL OWNER SIGNED POWER OF AT-TORNEY (POA) IS REQUIRED IN ORDER TO LODGE AND EXECUTE YOUR VOTING INSTRUCTION-S IN THIS MARKET. ABSENCE OF A POA, MAY CAUSE YOUR INSTRUCTIONS TO BE REJECTED-. IF YOU HAVE ANY QUESTIONS, PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE	Non-Voting
	PLEASE NOTE THAT VOTES ‘IN FAVOR’ AND ‘AGAINST’ IN THE SAME AGENDA ITEM ARE NO-T ALLOWED. ONLY VOTES IN FAVOR AND/OR ABSTAIN OR AGAINST AND/ OR ABSTAIN ARE A-LLOWED. THANK YOU.	Non-Voting
I.	Approve to change the composition of the Board of Directors, by indication of the majority shareholder	Management	For	For
II.	Approve the instatement of a bid process in regard to the performance of the construction work and services of expanding and improving the Rio Manso System, steps of 5 cubic meters and 6 cubic meters and construction of the Central Hydroelectric Generator with a capacity of 1000 KW in the amount of up to BRL 570,356,890.00	Management	For	For
III.	Approve the donation of vehicles in a precarious state of maintenance to the voluntary social assistance service that have been valued at BRL 1,869,000.00	Management	For	For

IMPALA PLATINUM HOLDINGS LTD

Security	S37840113	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	22-Oct-2009
ISIN	ZAE000083648	Agenda	702085792 - Management
City	JOHANNESBURG	Holding Recon Date	21-Oct-2009
Country	South Africa	Vote Deadline Date	15-Oct-2009
SEDOL(s)	B1DH4F7 - B1FFT76 - B1GH8B8 - B1GK3Z6	Quick Code

Item	Proposal	Type	Vote	For/Against Management
O.1	Receive and approve the financial statements for the YE 30 JUN 2009	Management	For	For
O.2.1	Re-elect Ms. D. Earp as a Director	Management	For	For
O.2.2	Re-elect Dr. K. Mokhele as a Director	Management	For	For
O.2.3	Re-elect Ms. N.D.B. Orleyn as a Director	Management	For	For
	Mr. S. Bessit retires at this meeting and does not offer himself for re-electi-on	Non-Voting
O.3	Approve to determine the remuneration of the Directors for the forthcoming year	Management	For	For
O.4	Adopt the Amended Trust Deed constituting the Morokotso Trust, as specified, in substitution for the existing Trust Deed approved by shareholders on 04 JUL 2006	Management	For	For

S.1 Authorize the Directors, in terms of the Company’s Articles of Association, by way of a general authority to repurchase issued shares in the Company or to permit a subsidiary of the Company to purchase shares in the Company, as and when deemed appropriate, subject to the following requirements: that any such repurchase be effected through the order book operated by the JSE Limited [JSE] trading system and done without any priority understanding or agreement between the Company and the counterparty; that authorization thereto is given by the Company’s Articles of Association; that a paid announcement giving such details as may be required in terms of JSE [Listings Requirements] be published when the Company or its subsidiaries have repurchased in aggregate 3% of the initial number of shares in issue, as at the time that the general authority was granted and for each 3% in aggregate of the initial number of shares which are acquired thereafter; that a general repurchase may not in the aggregate in any 1 FY exceed 10% of the number of shares in the Company issued share capital at the time this authority is given, provided that a subsidiary of the Company may not hold at any one time more than 10% of the number of issued shares of the Company; no purchase will be effected during a prohibited period [as specified by the JSE Listings Requirements] unless a repurchase programme is in place, where dates and quantities of shares to be traded during the prohibited period are fixed and full details of the programme have been disclosed in an announcement over SENS prior to the commencement of the prohibited period; at any one point in time, the Company may only appoint one agent to effect repurchases on the Company’s behalf, the Company may only undertake a repurchase of securities if, after such repurchase of securities if, after such repurchase, the spread requirements of the Company comply with JSE Listings Requirements; in determining the price at which shares may be repurchased in terms of this authority, the maximum premium permitted is 10% above the weighted average traded price of the shares as determined over the 5 days prior to the date of repurchase the maximum price; and such repurchase shall be subject to the Companies Act 1973 [Act 61 of 1973] as amended[the Companies Act] and the applicable provisions of the JSE Listings Requirements, the Board of Directors of Implats [the Board] as at the date of this notice, has stated in intention to examine methods of returning capital to the shareholders in terms of the general authority granted at the last AGM; the Board believes it to be in the best interest of implants that shareholders pass a special resolution granting the Company and/or its subsidiaries a further general authority to acquire Implats shares, Such general authority will provide Implats and its subsidiaries with the flexibility, subject to the requirements of the Companies Act and the Listing Requirements, to purchase shares should it be in the interest of implats and/or subsidiaries at any time while the general authority subsists; the Board undertakes that they will not implement any repurchase during the period of this general authority unless: the Company and the Group will be able, in the ordinary course of business to pay their debts for a period of 12 months after the date of the AGM; the assets of the Company and the Group will be in excess of the combined liabilities of the Company and the Group for a period of 12 months after the date of the notice of the AGM, the assets and liabilities have been recognized and measured for this purpose in accordance with the accounting policies used in the latest audited annual Group financial statements; the Company’s and the Group’s ordinary share capital and reserves will, after such payment, be sufficient to meet their needs for a period of 12 months following the date of the AGM; the Company and the Group will, after such payment, have sufficient working capital to meet their needs for a period of 12 months following the date of the AGM; and a general repurchases of the Company’s shares shall only take place after the JSE has received written confirmation from the Company’s sponsor in respect of the Directors’ working capital statement; [Authority expires the earlier of the conclusion of the next AGM of the Company or 15 months] Management For For

NOBLE CORPORATION

Security	H5833N103	Meeting Type	Special
Ticker Symbol	NE	Meeting Date	29-Oct-2009
ISIN	CH0033347318	Agenda	933145600 - Management
City		Holding Recon Date	04-Sep-2009
Country	United States	Vote Deadline Date	28-Oct-2009
SEDOL(s)		Quick Code

Item	Proposal	Type	Vote	For/Against Management
1	DIRECTOR	Management
	1       GORDON T. HALL		For	For
	2       JON A. MARSHALL		For	For
2	APPROVAL OF THE AMENDMENT AND RESTATEMENT OF THE NOBLE CORPORATION 1991 STOCK OPTION AND RESTRICTED STOCK PLAN EFFECTIVE AS OF OCTOBER 29, 2009	Management	For	For

NOBLE CORPORATION

Security	H5833N103	Meeting Type	Special
Ticker Symbol	NE	Meeting Date	29-Oct-2009
ISIN	CH0033347318	Agenda	933155714 - Management
City		Holding Recon Date	12-Oct-2009
Country	United States	Vote Deadline Date	28-Oct-2009
SEDOL(s)		Quick Code

Item	Proposal	Type	Vote	For/Against Management
1	DIRECTOR	Management
	1       GORDON T. HALL		For	For
	2       JON A. MARSHALL		For	For
2	APPROVAL OF THE AMENDMENT AND RESTATEMENT OF THE NOBLE CORPORATION 1991 STOCK OPTION AND RESTRICTED STOCK PLAN EFFECTIVE AS OF OCTOBER 29, 2009	Management	For	For

FOSTER WHEELER AG

Security	H27178104	Meeting Type	Special
Ticker Symbol	FWLT	Meeting Date	04-Nov-2009
ISIN	CH0018666781	Agenda	933150055 - Management
City		Holding Recon Date	11-Sep-2009
Country	United States	Vote Deadline Date	02-Nov-2009
SEDOL(s)		Quick Code

Item	Proposal	Type	Vote	For/Against Management
01	ELECTION OF DIRECTOR: CLAYTON C. DALEY, JR.	Management	For	For
02	IN THE EVENT COUNTERPROPOSALS, ALTERATIONS OR AMENDMENTS OF THE AGENDA ITEMS OR OTHER MATTERS ARE RAISED AT THE EXTRAORDINARY GENERAL MEETING, I INSTRUCT THE APPOINTED PROXIES TO VOTE AS FOLLOWS.	Management	Against	Against

GOLD FIELDS LIMITED

Security	38059T106	Meeting Type	Annual
Ticker Symbol	GFI	Meeting Date	04-Nov-2009
ISIN	US38059T1060	Agenda	933158239 - Management
City		Holding Recon Date	21-Oct-2009
Country	United States	Vote Deadline Date	28-Oct-2009
SEDOL(s)		Quick Code

Item	Proposal	Type	Vote	For/Against Management
O1	ADOPTION OF FINANCIAL STATEMENTS	Management	For
O2	RE-ELECTION OF MS CA CAROLUS AS A DIRECTOR	Management	For
O3	RE-ELECTION OF MR R DANINO AS A DIRECTOR	Management	For
O4	RE-ELECTION OF MR AR HILL AS A DIRECTOR	Management	For
O5	RE-ELECTION OF MR NJ HOLLAND AS A DIRECTOR	Management	For
O6	RE-ELECTION OF MR RP MENELL AS A DIRECTOR	Management	For
O7	PLACEMENT OF ORDINARY SHARES UNDER THE CONTROL OF THE DIRECTORS	Management	Against
O8	PLACEMENT OF NON-CONVERTIBLE REDEEMABLE PREFERENCE SHARES UNDER THE CONTROL OF THE DIRECTORS	Management	For
O9	ISSUING EQUITY SECURITIES FOR CASH	Management	For
O10	AMENDMENTS TO THE GOLD FIELDS LIMITED 2005 SHARE PLAN	Management	For
O11	AWARD OF RIGHTS TO NON-EXECUTIVE DIRECTORS UNDER THE GOLD FIELDS LIMITED 2005 NON-EXECUTIVE SHARE PLAN	Management	For
O12	INCREASE OF NON-EXECUTIVE DIRECTORS’ FEES	Management	For
S1	ACQUISITION OF COMPANY’S OWN SHARES	Management	For

KAZMUNAIGAS EXPL & PRODTN JSC

Security	48666V204	Meeting Type	ExtraOrdinary General Meeting
Ticker Symbol		Meeting Date	10-Nov-2009
ISIN	US48666V2043	Agenda	702109263 - Management
City	TBA	Holding Recon Date	23-Sep-2009
Country	Kazakhstan	Vote Deadline Date	03-Nov-2009
SEDOL(s)	B1FKV75 - B1FSCP4	Quick Code

Item	Proposal	Type	Vote	For/Against Management
1.	Approve the acquisition of 33% participating interest in PetroKazakhstan Inc. from JSC NC KazManaiGas	Management	For	For

GUANGDONG INVESTMENT LTD

Security	Y2929L100	Meeting Type	ExtraOrdinary General Meeting
Ticker Symbol		Meeting Date	10-Dec-2009
ISIN	HK0270001396	Agenda	702150638 - Management
City	WANCHAI	Holding Recon Date	09-Dec-2009
Country	Hong Kong	Vote Deadline Date	30-Nov-2009
SEDOL(s)	5545119 - 6913168 - B01XXJ7	Quick Code

Item	Proposal	Type	Vote	For/Against Management
	PLEASE NOTE IN THE HONG KONG MARKET THAT A VOTE OF “ABSTAIN” WILL BE TREATED T-HE SAME AS A “TAKE NO ACTION” VOTE.	Non-Voting
1.	Approve, the acquisition [“Acquisition”] by the Company of: a] the entire issued share capital of Golden River Chain Limited [“Target Co”] from Chun Wai Consultants Limited [“Chun Wai”], and b] one or more shareholder’s loan[s] representing the aggregate of: i] HKD 515,711,000.00, being the amount due from Target Co to Chun Wai as at the date of the agreement [the “S&P Agreement”] dated 20 OCT 2009 between Chun Wai, the Company and GDH Limited in relation to the Acquisition; and ii] an amount equal to the aggregate of any and all Further Payment[s] [as specified] in the aggregate amount of not more than RMB 125,000,000.00 in accordance with the terms and conditions of the S&P Agreement; and the making of the Further Additional Capital Contribution [as specified]	Management	For	For
	PLEASE NOTE THAT THIS IS A REVISION DUE TO RECEIPT OF ACTUAL RECORD DATE. IF Y-OU HAVE ALREADY SENT IN YOUR VOTES, PLEASE DO NOT RETURN THIS PROXY FORM UNLES-S YOU DECIDE TO AMEND YOUR ORIGINAL INSTRUCTIONS. THANK YOU.	Non-Voting

COMPANHIA ENERGETICA DE MINAS GERAIS

Security	P2577R110	Meeting Type	ExtraOrdinary General Meeting
Ticker Symbol		Meeting Date	10-Dec-2009
ISIN	BRCMIGACNPR3	Agenda	702167443 - Management
City	BELO HORIZONTE	Holding Recon Date	08-Dec-2009
Country	Brazil	Vote Deadline Date	03-Dec-2009
SEDOL(s)	2192712 - 7400153 - B06V976 - B1YBRG0 - B1YCCV3 - B1YCS26 - B2QHFV4	Quick Code

Item	Proposal	Type	Vote	For/Against Management
	IMPORTANT MARKET PROCESSING REQUIREMENT: A BENEFICIAL OWNER SIGNED POWER OF AT-TORNEY (POA) IS REQUIRED IN ORDER TO LODGE AND EXECUTE YOUR VOTING INSTRUCTION-S IN THIS MARKET. ABSENCE OF A POA, MAY CAUSE YOUR INSTRUCTIONS TO BE REJECTED-. IF YOU HAVE ANY QUESTIONS, PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE	Non-Voting
	PLEASE NOTE THAT VOTES ‘IN FAVOR’ AND ‘AGAINST’ IN THE SAME AGENDA ITEM ARE NO-T ALLOWED. ONLY VOTES IN FAVOR AND/OR ABSTAIN OR AGAINST AND/ OR ABSTAIN ARE A-LLOWED. THANK YOU	Non-Voting
	PLEASE NOTE THAT THE PREFERRED SHAREHOLDERS CAN VOTE ON ITEM 1 ONLY. THANK YOU	Non-Voting
1.	Approve to change the composition of the Board of Directors as a result of a resignation, in accordance with the correspondence filed with the Company	Management	Against	Against
2.	Guidance of a vote for the representatives of the Company Energetica de Minas-Gerais at the EGM’s of Cemig Distribuicao S.A. and Cemig Geracao E Transmissao-S.A. to be held on 10 DEC 2009, if the composition of the Board of Directors-of this Company is changed, in accordance with the previous item	Non-Voting

RANDGOLD RESOURCES LIMITED

Security	752344309	Meeting Type	Special
Ticker Symbol	GOLD	Meeting Date	16-Dec-2009
ISIN	US7523443098	Agenda	933171720 - Management
City		Holding Recon Date	20-Nov-2009
Country	South Africa	Vote Deadline Date	11-Dec-2009
SEDOL(s)		Quick Code

Item	Proposal	Type	Vote	For/Against Management
O1	THAT THE PROPOSED ACQUISITION BY KIBALI (JERSEY) LIMITED OF SHARES IN KIBALI GOLDMINES S.P.R.L. BE AND IS HEREBY APPROVED.	Management	For

CHINA HIGH SPEED TRANSMISSION EQUIPMENT GROUP CO L

Security	G2112D105	Meeting Type	ExtraOrdinary General Meeting
Ticker Symbol		Meeting Date	15-Jan-2010
ISIN	KYG2112D1051	Agenda	702184920 - Management
City	HONG KONG	Holding Recon Date	14-Jan-2010
Country	Cayman Islands	Vote Deadline Date	05-Jan-2010
SEDOL(s)	B1YC2B3 - B231MR4 - B244P39	Quick Code

Item	Proposal	Type	Vote	For/Against Management
-	PLEASE NOTE THAT SHAREHOLDERS ARE ALLOWED TO VOTE ‘IN FAVOR’ OR ‘AGAINST’ FOR-ALL RESOLUTIONS. THANK YOU.	Non-Voting
1	Ratify and approve the Amended and Restated Equity Swap dated 06 NOV 2009 entered into between the Company and Morgan Stanley & Co, International Plc as specified, the terms thereof and the transactions contemplated there under in all respects and authorize any one Director of the Company, generally and unconditionally, to do all such further acts and things and to sign and execute all such other documents, instruments and agreements and to take such steps which in the opinion of the director may be necessary, appropriate, desirable or expedient to implement and/or give effect to the terms of the Amended and Restated Equity Swap and the transactions contemplated thereunder	Management	For	For
S.2	Approve the proposed potential off-market repurchase by the Company of up to 12,612,707 ordinary shares of the Company as contemplated by the Amended and Restated Equity Swap “Share Repurchase” which represent up to approximately 1.01% of the existing issued share capital of the Company and authorize any one Director of the Company to do all such further acts and things and to sign and execute all such other documents, instruments and agreements and to take such steps which in the opinion of the Director may be necessary, appropriate, desirable or expedient to implement and/or give effect to the Share Repurchase	Management	For	For
	PLEASE NOTE THAT THIS IS A REVISION DUE TO RECEIPT OF ACTUAL RECORD DATE. IF Y-OU HAVE ALREADY SENT IN YOUR VOTES, PLEASE DO NOT RETURN THIS PROXY FORM UNLES-S YOU DECIDE TO AMEND YOUR ORIGINAL INSTRUCTIONS. THANK YOU.	Non-Voting

VINDA INTERNATIONAL HOLDINGS LTD

Security	G9361V108	Meeting Type	ExtraOrdinary General Meeting
Ticker Symbol		Meeting Date	01-Feb-2010
ISIN	KYG9361V1086	Agenda	702195860 - Management
City	HONG KONG	Holding Recon Date	29-Jan-2010
Country	Cayman Islands	Vote Deadline Date	27-Jan-2010
SEDOL(s)	B1Z7648 - B235FQ6	Quick Code

Item	Proposal	Type	Vote	For/Against Management
-	PLEASE NOTE THAT SHAREHOLDERS ARE ALLOWED TO VOTE “IN FAVOR” OR “AGAINST”-ONLY FOR RESOLUTION 1. THANK YOU.	Non-Voting
1	Approve the grant of options pursuant to the Share Option Scheme of the Company adopted on 19 JUN 2007 the “Share Option Scheme” which will entitle Mr. Li Chao Wang to subscribe for 7,438,000 shares of the Company of HKD 0.10 each the “Options” the principal terms and conditions of which are set out in the circular of the Company dated 16 JAN 2010, ; and authorize the Directors of the Company to do all such acts, execute all such documents and deeds as they in their absolute discretion consider necessary, desirable or expedient to give effect to the foregoing	Management	Against	Against

ISRAEL CHEMICALS LTD

Security	M5920A109	Meeting Type	Special General Meeting
Ticker Symbol		Meeting Date	15-Feb-2010
ISIN	IL0002810146	Agenda	702197559 - Management
City	TEL-AVIV	Holding Recon Date	17-Jan-2010
Country	Israel	Vote Deadline Date	04-Feb-2010
SEDOL(s)	6455530 - 6460211 - B020267	Quick Code

Item	Proposal	Type	Vote	For/Against Management
-	AS A CONDITION OF VOTING, ISRAELI MARKET REGULATIONS REQUIRE THAT YOU-DISCLOSE WHETHER YOU HAVE A CONTROLLING OR PERSONAL INTEREST IN THIS COMPANY.-SHOULD EITHER BE THE CASE, PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE-SO THAT WE MAY LODGE YOUR INSTRUCTIONS ACCORDINGLY. IF YOU DO NOT HAVE A-CONTROLLING OR PERSONAL INTEREST, SUBMIT YOUR VOTE AS NORMAL	Non-Voting
1	Approve the issue to the Chairman, Mr. Nir Gilad, of 800,000 options with an exercise price of NIS 53.1 vesting by 3 installments; the issue is in the frame of an issue 11 million options to 200 individuals including officers and senior executives; the economic value calculated by the Black & Schules method is NIS 14.8 million	Management	For	For

COMPANHIA DE SANEAMENTO DE MINAS GERAIS - COPASA

Security	P28269101	Meeting Type	ExtraOrdinary General Meeting
Ticker Symbol		Meeting Date	23-Feb-2010
ISIN	BRCSMGACNOR5	Agenda	702234523 - Management
City	BELO HORIZONTE	Holding Recon Date	19-Feb-2010
Country	Brazil	Vote Deadline Date	16-Feb-2010
SEDOL(s)	B0YBZJ2 - B1BYFV3	Quick Code

Item	Proposal	Type	Vote	For/Against Management
-	IMPORTANT MARKET PROCESSING REQUIREMENT: A BENEFICIAL OWNER SIGNED POWER OF-ATTORNEY (POA) IS REQUIRED IN ORDER TO LODGE AND EXECUTE YOUR VOTING-INSTRUCTIONS IN THIS MARKET. ABSENCE OF A POA, MAY CAUSE YOUR INSTRUCTIONS TO-BE REJECTED. IF YOU HAVE ANY QUESTIONS, PLEASE CONTACT YOUR CLIENT SERVICE-REPRESENTATIVE	Non-Voting
-	PLEASE NOTE THAT VOTES ‘IN FAVOR’ AND ‘AGAINST’ IN THE SAME AGENDA ITEM ARE-NOT ALLOWED. ONLY VOTES IN FAVOR AND/OR ABSTAIN OR AGAINST AND/ OR ABSTAIN- ARE ALLOWED. THANK YOU	Non-Voting
I.	Approve the removal because of resignation and elect a Member to the Board of Directors of the Company, on the nomination of the majority shareholder	Management	For	For
II.	Amend the Corporate By-Laws of the Company, as follows, Article 5, increase of the share capital of the Company, coming from the conversion of debentures, second issuance, into common shares, with the amount of the share capital of the Company increasing to BRL 2,636,459,548.98, totally subscribed for and paid in, represented by 115,299,504 common shares, all of which are nominative and have no par value	Management	For	For
III.	Approve to enter into a Financing Agreement with Banco Nacional De Desenvolvimento Economico E Social, in the amount of BRL 244,600,000.00	Management	For	For
IV.	Approve the formalization of the Settlement and Offsetting Agreements with the municipality of Belo Horizonte, amounts owed by Copasa MG, in reference to the Service Tax ISSQN, Property Tax IPTU, auditing fees and others and credits of the Company, relative to invoices for the services of water supply and sewage	Management	For	For

LIGHT SA

Security	P63529104	Meeting Type	ExtraOrdinary General Meeting
Ticker Symbol		Meeting Date	26-Feb-2010
ISIN	BRLIGTACNOR2	Agenda	702238824 - Management
City	RIO DE JANEIRO	Holding Recon Date	24-Feb-2010
Country	Brazil	Vote Deadline Date	19-Feb-2010
SEDOL(s)	B0W1X34	Quick Code

Item	Proposal	Type	Vote	For/Against Management
-	IMPORTANT MARKET PROCESSING REQUIREMENT: A BENEFICIAL OWNER SIGNED POWER OF-ATTORNEY (POA) IS REQUIRED IN ORDER TO LODGE AND EXECUTE YOUR VOTING-INSTRUCTIONS IN THIS MARKET. ABSENCE OF A POA, MAY CAUSE YOUR INSTRUCTIONS TO-BE REJECTED. IF YOU HAVE ANY QUESTIONS, PLEASE CONTACT YOUR CLIENT SERVICE-REPRESENTATIVE	Non-Voting
-	PLEASE NOTE THAT SHAREHOLDERS SUBMITTING A VOTE TO ELECT A MEMBER MUST-INCLUDE THE NAME OF THE CANDIDATE TO BE ELECTED. IF INSTRUCTIONS TO VOTE ON-THIS ITEM IS RECEIVED WITHOUT A CANDIDATE’S NAME, YOUR VOTE WILL BE PROCESSED-IN FAVOR OR AGAINST OF THE DEFAULT COMPANY’S CANDIDATE. THANK YOU.	Non-Voting
-	PLEASE NOTE THAT VOTES ‘IN FAVOR’ AND ‘AGAINST’ IN THE SAME AGENDA ITEM ARE-NOT ALLOWED. ONLY VOTES IN FAVOR AND/OR ABSTAIN OR AGAINST AND/ OR ABSTAIN - ARE ALLOWED. THANK YOU	Non-Voting
1.	Approve the signing of the addendum to the Light Servicos DE Eletricidade S.A. concession contract, in accordance with National Electrical Power Agency aneel order number 245 of 02 FEB 2010, published in the official gazetteer on 05 FEB 2010	Management	For	For

SAMSUNG SDI CO LTD, SUWON

Security	Y74866107	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	19-Mar-2010
ISIN	KR7006400006	Agenda	702236729 - Management
City	TBD	Holding Recon Date	31-Dec-2009
Country	Korea, Republic Of	Vote Deadline Date	05-Mar-2010
SEDOL(s)	6771645 - B05PMH0	Quick Code

Item	Proposal	Type	Vote	For/Against Management
-	IN THE KOREAN MARKET, THE VOTE OPTION OF ABSTAIN IS DETERMINED TO BE-ACCEPTABLE OR NOT IN ACCORDANCE WITH THE LOCAL SUB CUSTODIAN’S REGULATIONS.-PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE TO SEE IF THE RECIPIENT OF-YOUR VOTING INSTRUCTIONS WILL TREAT ABSTAIN AS A VALID VOTE OPTION.	Non-Voting
1.	Approve the financial statements	Management	For	For
2.	Amend the Articles of incorporation	Management	For	For
3.	Election of Chihoon Choi as a Director (Inside Director)	Management	For	For
4.	Approve the remuneration for the Director	Management	For	For
	PLEASE NOTE THAT THIS IS A REVISION DUE TO RECEIPT OF DIRECTOR NAME. IF YOU HA-VE ALREADY SENT IN YOUR VOTES, PLEASE DO NOT RETURN THIS PROXY FORM UNLESS YOU-DECIDE TO AMEND YOUR ORIGINAL INSTRUCTIONS. THANK YOU.	Non-Voting

LG CHEM LTD NEW

Security	Y52758102	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	19-Mar-2010
ISIN	KR7051910008	Agenda	702253941 - Management
City	SEOUL	Holding Recon Date	31-Dec-2009
Country	Korea, Republic Of	Vote Deadline Date	09-Mar-2010
SEDOL(s)	6346913 - B081VN4	Quick Code

Item	Proposal	Type	Vote	For/Against Management
-	IN THE KOREAN MARKET, THE VOTE OPTION OF “ABSTAIN” IS DETERMINED TO BE-ACCEPTABLE OR NOT IN ACCORDANCE WITH THE LOCAL SUB CUSTODIAN’S REGULATIONS.-PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE TO SEE IF THE RECIPIENT OF-YOUR VOTING INSTRUCTIONS WILL TREAT “ABSTAIN” AS A VALID VOTE OPTION.	Non-Voting
1	Approve the financial statement: expected dividend: KRW 3,500 per 1 Ordinary Share, KRW 3,550 per 1 Preference Share	Management	For	For
2	Approve the partial amendment to Articles of Incorporation	Management	For	For
3	Election of Directors: Executive Director(1), Outside Directors(4)	Management	For	For
4	Election of Audit Committee Members: Outside Directors(3)	Management	For	For
5	Approve the limit of remuneration for Directors	Management	For	For

LIGHT SA

Security	P63529104	Meeting Type	ExtraOrdinary General Meeting
Ticker Symbol		Meeting Date	22-Mar-2010
ISIN	BRLIGTACNOR2	Agenda	702286875 - Management
City	RIO DE JANEIRO	Holding Recon Date	18-Mar-2010
Country	Brazil	Vote Deadline Date	12-Mar-2010
SEDOL(s)	B0W1X34	Quick Code

Item	Proposal	Type	Vote	For/Against Management
	IMPORTANT MARKET PROCESSING REQUIREMENT: A BENEFICIAL OWNER SIGNED POWER OF AT-TORNEY (POA) IS REQUIRED IN ORDER TO LODGE AND EXECUTE YOUR VOTING INSTRUCTION-S IN THIS MARKET. ABSENCE OF A POA, MAY CAUSE YOUR INSTRUCTIONS TO BE REJECTED-. IF YOU HAVE ANY QUESTIONS, PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE	Non-Voting
	PLEASE NOTE THAT VOTES ‘IN FAVOR’ AND ‘AGAINST’ IN THE SAME AGENDA ITEM ARE NO-T ALLOWED. ONLY VOTES IN FAVOR AND/OR ABSTAIN OR AGAINST AND/OR ABSTAIN ARE AL-LOWED. THANK YOU	Non-Voting
1	Ratify the payment of dividends which was made from 27 NOV 2009	Management	For	For
2	Amend the Articles 11, 12, 15 and 16 of the Company’s By-laws, to restructure the Executive Board, their duties and responsibilities	Management	For	For

KAZMUNAIGAS EXPL & PRODTN JSC

Security	48666V204	Meeting Type	ExtraOrdinary General Meeting
Ticker Symbol		Meeting Date	26-Mar-2010
ISIN	US48666V2043	Agenda	702271406 - Management
City	TBD	Holding Recon Date	01-Feb-2010
Country	Kazakhstan	Vote Deadline Date	17-Mar-2010
SEDOL(s)	B1FKV75 - B1FSCP4	Quick Code

Item	Proposal	Type	Vote	For/Against Management
-	PLEASE NOTE THAT CUMULATIVE VOTING APPLIES TO THIS RESOLUTION REGARDING THE-ELECTION OF DIRECTORS. STANDING INSTRUCTIONS HAVE BEEN REMOVED FOR THIS-MEETING. PLEASE NOTE THAT ONLY A VOTE “FOR” THE DIRECTOR WILL BE CUMULATED.-PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE IF YOU HAVE ANY QUESTIONS.	Non-Voting
1.1	Election of Askar Balzhanov as a Member to the Board of Directors of	Management	Abstain	Against
1.2	Election of Tolegen Bozzhanov as a Member to the Board of Directors of	Management	Abstain	Against
1.3	Election of Yerzhan Zhangaulov as a Member to the Board of Directors of	Management	Abstain	Against
1.4	Election of Kenzhebek Ibrashev as a Member to the Board of Directors of	Management	Abstain	Against
1.5	Election of Paul Manduca as an Independent Director to the Board of Directors	Management	For	For
1.6	Election of Assiya Syrgabekova as a Member to the Board of Directors of	Management	Abstain	Against
1.7	Election of Edward Walshe as an Independent Director to the Board of	Management	For	For
2	Approve to determine the term of appointment of the Board of Directors equal to 3 years, which expires on the date of a general meeting of shareholders to elect the new Board of Directors	Management	For	For

BANPU PUBLIC CO LTD

Security	Y0697Z111	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	02-Apr-2010
ISIN	TH0148010018	Agenda	702265263 - Management
City	BANGKOK	Holding Recon Date	11-Mar-2010
Country	Thailand	Vote Deadline Date	30-Mar-2010
SEDOL(s)	5271500 - 6075864	Quick Code

Item	Proposal	Type	Vote	For/Against Management
1	Acknowledge the minutes of the AGM for the year 2009	Management	For	For
2	Acknowledge the performance of the Company for the year 2009 and adopt the Directors’ report for the performance of the Company for the YE on 31 DEC 2009	Management	For	For
3	Approve the balance sheet and the profit and loss statements for the YE on 31 DEC 2009	Management	For	For
4	Approve the distribution of annual profits	Management	For	For
5.a	Approve the appointments of Directors in place of those retiring by rotation	Management	For	For
5.b	Approve the Directors’ remunerations	Management	For	For
6	Appointment of the Company’s Auditor and approve to fix his/her remuneration	Management	For	For
7	Other businesses	Management	Against	Against

SCHLUMBERGER LIMITED (SCHLUMBERGER N.V.)

Security	806857108	Meeting Type	Annual
Ticker Symbol	SLB	Meeting Date	07-Apr-2010
ISIN	AN8068571086	Agenda	933201395 - Management
City		Holding Recon Date	17-Feb-2010
Country	United States	Vote Deadline Date	06-Apr-2010
SEDOL(s)		Quick Code

Item	Proposal	Type	Vote	For/Against Management
01	DIRECTOR	Management
	1       P. CAMUS		For	For
	2       J.S. GORELICK		For	For
	3       A. GOULD		For	For
	4       T. ISAAC		For	For
	5       N. KUDRYAVTSEV		For	For
	6       A. LAJOUS		For	For
	7       M.E. MARKS		For	For
	8       L.R. REIF		For	For
	9       T.I. SANDVOLD		For	For
	10     H. SEYDOUX		For	For
	11     P. CURRIE		For	For
	12     K.V. KAMATH		For	For
02	PROPOSAL TO ADOPT AND APPROVE FINANCIALS AND DIVIDENDS.	Management	For	For
03	PROPOSAL TO APPROVE THE ADOPTION OF THE SCHLUMBERGER 2010 STOCK INCENTIVE PLAN.	Management	For	For
04	PROPOSAL TO APPROVE THE ADOPTION OF AN AMENDMENT TO THE SCHLUMBERGER DISCOUNTED STOCK PURCHASE PLAN.	Management	For	For
05	PROPOSAL TO APPROVE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	For	For

RIO TINTO PLC

Security	G75754104	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	15-Apr-2010
ISIN	GB0007188757	Agenda	702300358 - Management
City	LONDON	Holding Recon Date	13-Apr-2010
Country	United Kingdom	Vote Deadline Date	09-Apr-2010
SEDOL(s)	0718875 - 4718699 - 5725676 - 6720595 - B02T7C5 - B0CRGK0	Quick Code

Item	Proposal	Type	Vote	For/Against Management
1	Receive the Company’s financial statements and the report of the Directors and Auditors for the YE 31 DEC 2009	Management	For	For
2	Recieve the remuneration report for the YE 31 DEC 2009 as set out in the 2009 annual report	Management	Against	Against
3	Election of Robert Brown as a Director	Management	For	For
4	Election of Ann Godbehere as a Director	Management	For	For
5	Election of Sam Walsh as a Director	Management	For	For
6	Re-election of Guy Elliott as a Director	Management	For	For
7	Re-elect Michael Fitzpatrick as a Director	Management	For	For
8	Re-elect Lord Kerr as a Director	Management	For	For
9	Re-appointment of PricewaterhouseCoopers LLP as Auditors of the Company to hold office until the conclusion of the next AGM at which accounts are laid before the Company and to authorize the Audit Committee to determine the Auditors’ remuneration	Management	For	For
10	Authorize the Directors pursuant to and in accordance with Section 551 of the Companies Act 2006 the 2006 Act to exercise all the powers of the Company to allot shares or grant rights to subscribe for or convert any securities into shares: i) up to an aggregate nominal amount of GBP 50,321,000; ii) comprising equity securities as specified in the 2006 Act up to a further nominal amount of GBP 50,321,000 in connection with an offer by way of a rights issue; such authorities to apply in substitution for all previous authorities pursuant to Section 80 of the Companies Act 1985 and to expire on the later of 15 APR 2011 and the date of the 2011 AGM but, in each case, so that the Company may make offers and enter into agreements during this period which would, or might, require shares to be allotted or rights to subscribe for or to CONTD..	Management	Against	Against
-	..CONTD convert any security into shares to be granted after the authority-ends as specified	Non-Voting
11	Authorize the Directors, subject to the passing of Resolution 10 above, to allot equity securities as specified in the 2006 Act wholly for cash: i) pursuant to the authority given by Paragraph (i) of Resolution 10 above or where the allotment constitutes an allotment of equity securities by virtue of Section 560(3) of the 2006 Act in each case: a) in connection with a pre-emptive offer; and b) otherwise than in connection with a pre-emptive offer, up to an aggregate nominal amount of GBP 9,803,000; and ii) pursuant to the authority given by Paragraph (ii) of Resolution 10 above in connection with a rights issue, as if Section 561(1) of the 2006 Act did not apply to any such allotment; such authority shall expire on the later of 15 APR 2011 and the date of the 2011 AGM, but so that the Company may make offers and enter into CONTD..	Management	For	For

-	..CONTD agreements during this period which would, or might, require equity-securities to be allotted after the power ends and the Board may allot equity-securities under any such offer or agreement as if the power had not ended as-specified	Non-Voting
-	..CONTD fractional entitlements, record dates or legal, regulatory or-practical problems in, or under the laws of, any territory; c) reference to-an allotment of equity securities shall include a sale of treasury shares;-and d) the nominal amount of any securities shall be taken to be, in the case-of rights to subscribe for or convert any securities into shares of the Company, the nominal amount of such shares which may be allotted pursuant to-such rights	Non-Voting
12	Authorize: (a) the Company, Rio Tinto Limited and any subsidiaries of Rio Tinto Limited, to purchase ordinary shares of 10p each issued by the Company RTP Ordinary Shares , such purchases to be made in the case of the Company by way of market purchase as specified in Section 693 of the 2006 Act , provided that this authority shall be limited: i) so as to expire on the later of 15 APR 2011 and the date of the 2011 AGM, unless such authority is renewed prior to that time except in relation to the purchase of RTP ordinary shares, the contract for which was concluded before the expiry of such authority and which might be executed wholly or partly after such expiry ; ii) so that the number of RTP ordinary shares which may be purchased pursuant to this authority shall not exceed 152,488,000; iii) so that the maximum price payable CONTD.	Management	For	For
-	..CONTD for each such RTP Ordinary Share shall be not more than 5% above the-average of the middle market quotations for RTP ordinary shares as derived-from the London Stock Exchange Daily Official List during the period of five-business days immediately prior to such purchase; and iv) so that the minimum- price payable for each such RTP ordinary share shall be 10p; and b) the-Company be and is hereby authorized for the purpose of Section 694 of the-2006 Act to purchase off-market from Rio Tinto Limited and any of its-subsidiaries any RTP ordinary shares acquired under the authority set out-under (a) above pursuant to one or more contracts between the Company and Rio-Tinto Limited on the terms of the form of contract which has been produced to-the meeting and is for the purpose of identification CONTD..	Non-Voting
-	..CONTD marked A and initialled by the Chairman each, a Contract and such-contracts be hereby approved, provided that: i) such authorization shall-expire on the later of 15 APR 2011 and the date of the 2011 AGM; ii) the-maximum total number of RTP ordinary shares to be purchased pursuant to-contracts shall be 152,488,000; and iii) the price of RTP ordinary shares-purchased pursuant to a contract shall be an aggregate price equal to the- average of the middle market quotations for RTP ordinary shares as derived-from the London Stock Exchange Daily Official List during the period of five-business days immediately prior to such purchase multiplied by the number of-RTP ordinary shares the subject of the contract or such lower aggregate price-as may be agreed between the Company and Rio Tinto Limited, being not less-than one penny	Non-Voting
13	Approve the general meeting other than an AGM may be called on not less than 14 clear days notice	Management	Against	Against

COAL & ALLIED INDUSTRIES LTD CNA, LEMINGTON

Security	Q25758105	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	16-Apr-2010
ISIN	AU000000CNA2	Agenda	702291977 - Management
City	SYDNEY	Holding Recon Date	14-Apr-2010
Country	Australia	Vote Deadline Date	08-Apr-2010
SEDOL(s)	6206200 - B603NZ6	Quick Code

Item	Proposal	Type	Vote	For/Against Management
-	VOTING EXCLUSIONS APPLY TO THIS MEETING FOR PROPOSAL 4 AND VOTES CAST BY ANY-INDIVIDUAL OR RELATED PARTY WHO BENEFIT FROM THE PASSING OF THE PROPOSAL/S-WILL BE DISREGARDED. HENCE, IF YOU HAVE OBTAINED BENEFIT OR DO EXPECT TO-OBTAIN FUTURE BENEFIT YOU SHOULD NOT VOTE OR VOTE “ABSTAIN” FOR THE-RELEVANT PROPOSAL ITEMS.	Non-Voting
1	To receive and consider the financial report, Directors’ report and Auditor’s-report for the YE 31 DEC 2009 as set out in the annual report	Non-Voting
2	Re-elect Mr. C. Renwick as a Director, who retires in accordance with Section 71(a) of the Company’s Constitution	Management	Against	Against
3	Approve the remuneration report for the YE 31 DEC 2009	Management	Against	Against
S.4	Approve, for the purposes of Section 256C(2) of the Corporations Act 2001, to cancel and extinguish 1,857,180 preference shares issued in the capital of the Company the “Preference Shares” , being all the preference shares issued by the Company at the date of this Notice of Meeting, in consideration for the payment by the Company to each person who is registered as a holder of a Preference Share on the Record Date of the sum of AUD 1.50 cash for that Preference Share, such payment as specified and aggregating approximately AUD 2,785,770 for all the preference shares	Management	For	For
-	Any other business	Non-Voting

PT TAMBANG BATUBARA BUKIT ASAM (PERSERO) TBK

Security	Y8520P101	Meeting Type	Annual General Meeting
Ticker Symbol		Meeting Date	21-Apr-2010
ISIN	ID1000094006	Agenda	702333876 - Management
City	JAKARTA	Holding Recon Date	05-Apr-2010
Country	Indonesia	Vote Deadline Date	14-Apr-2010
SEDOL(s)	6565127 - B01ZJG2 - B0302P5	Quick Code

Item	Proposal	Type	Vote	For/Against Management
1	Receive the annual report and ratify the financial statement for year end 2009 and acquit et de charge the Board of Director and the Commissioner	Management	For	For
2	Approve the partnership and Environment Building Program report and acquit et de charge the Board of Director and the Commissioner on the Supervisory actions	Management	For	For
3	Approve to determine 2009 profit allocation	Management	For	For
4	Approve to determine the Board of Director and Commissioner salary and allowances	Management	For	For
5	Appointment of public account to audit 2010 partnership and environment	Management	For	For
6	Approve to change Company’s Article of Association regarding affiliation transaction and conflict interest	Management	Against	Against

TECK RESOURCES LIMITED

Security	878742204	Meeting Type	MIX
Ticker Symbol		Meeting Date	22-Apr-2010
ISIN	CA8787422044	Agenda	702311200 - Management
City	VANCONVER	Holding Recon Date	01-Mar-2010
Country	Canada	Vote Deadline Date	16-Apr-2010
SEDOL(s)	2124533 - 2879327 - 5709108	Quick Code

Item	Proposal	Type	Vote	For/Against Management
-	PLEASE NOTE THAT SHAREHOLDERS ARE ALLOWED TO VOTE IN “FAVOR” OR “AGAINST”-ONLY FOR RESOLUTION “3” AND “IN FAVOR” OR “ABSTAIN” FOR RESOLUTION NUMBERS-”1.1-1.14” AND “2”. THANK YOU.	Non-Voting
-	Receive the Annual Report of the Corporation containing the audited-consolidated financial statements of the Corporation for the FYE 31 DEC 2009-and the report of the Auditors thereon	Non-Voting
1.1	Election of M.M. Ashar as a Director	Management	For	For
1.2	Election of J. B. Aune as a Director	Management	For	For
1.3	Election of J. H. Bennett as a Director	Management	For	For
1.4	Election of H. J. Bolton as a Director	Management	For	For
1.5	Election of F. P. Chee as a Director	Management	For	For
1.6	Election of J. L. Cockwell as a Director	Management	For	For
1.7	Election of N. B. Keevil as a Director	Management	For	For
1.8	Election of N. B. Keevil III as a Director	Management	For	For
1.9	Election of T. Kuriyama as a Director	Management	For	For
1.10	Election of D. R. Lindsay as a Director	Management	For	For
1.11	Election of T. Mochihara as a Director	Management	For	For
1.12	Election of J. G. Rennie as a Director	Management	For	For
1.13	Election of W.S.R. Seyffert as a Director	Management	For	For
1.14	Election of C. M. Thompson as a Director	Management	For	For
2	Appointment of PricewaterhouseCoopers LLP as the Auditors and authorize the	Management	For	For
3	Approve the adoption of the 2010 Stock Option Plan of the Corporation	Management	For	For
-	Transact such other business	Non-Voting

CELANESE CORPORATION

Security	150870103	Meeting Type	Annual
Ticker Symbol	CE	Meeting Date	22-Apr-2010
ISIN	US1508701034	Agenda	933199475 - Management
City		Holding Recon Date	24-Feb-2010
Country	United States	Vote Deadline Date	21-Apr-2010
SEDOL(s)		Quick Code

Item	Proposal	Type	Vote	For/Against Management
1A	ELECTION OF DIRECTOR: MR. DAVID N. WEIDMAN	Management	For	For
1B	ELECTION OF DIRECTOR: MR. MARK C. ROHR	Management	For	For
1C	ELECTION OF DIRECTOR: MS. FARAH M. WALTERS	Management	For	For
02	TO RATIFY THE SELECTION OF KPMG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2010.	Management	For	For

PETROLEO BRASILEIRO S.A. - PETROBRAS

Security	71654V408	Meeting Type	Annual
Ticker Symbol	PBR	Meeting Date	22-Apr-2010
ISIN	US71654V4086	Agenda	933245284 - Management
City		Holding Recon Date	01-Apr-2010
Country	Brazil	Vote Deadline Date	19-Apr-2010
SEDOL(s)		Quick Code

Item Proposal