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VALVOLINE INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and VALVOLINE INC.’s Form 8-K, filed 2024-01-30 (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 13Reported items
  • 417Asset managers
  • 4,852Fund votes
  • 2024-01-25Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore VALVOLINE INC. in the interactive database Compare manager voting policies

Official 2023-2024 meeting results reported by VALVOLINE INC.

These tallies are VALVOLINE INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2024-01-30 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

VALVOLINE INC. — official shareholder meeting results, meeting held 2024-01-25
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Gerald W. Evans, Jr. 113,854,5031,121,81881,163 --7,337,738 Majority: yes
Elect Director: Lori A. Flees 114,387,419575,38594,680 --7,337,738 Majority: yes
Elect Director: Richard J. Freeland 113,808,8871,141,891106,706 --7,337,738 Majority: yes
Elect Director: Carol H. Kruse 114,034,023920,185103,276 --7,337,738 Majority: yes
Elect Director: Vada O. Manager 113,817,9501,145,53094,004 --7,337,738 Majority: yes
Elect Director: Patrick S. Pacious 114,046,282909,087102,115 --7,337,738 Majority: yes
Elect Director: Jennifer L. Slater 114,047,401899,357110,726 --7,337,738 Majority: yes
Elect Director: Charles M. Sonsteby 114,203,994715,970137,520 --7,337,738 Majority: yes
Elect Director: Mary J. Twinem 114,272,531679,068105,885 --7,337,738 Majority: yes
Proposal 2: The appointment of Ernst & Young LLP as Valvoline's independent registered public accounting firm for fiscal 2024 was ratified by the shareholders by the votes set forth in the table below: 121,351,551921,104122,567 --0 Majority: yes
Proposal 3: The non-binding advisory vote that shareholders vote on Valvoline's executive compensation every year was approved by the shareholders by the votes set forth in the table below: 109,727,6275,094,084235,773 --7,337,738 Majority: yes

This meeting is also recorded here as 2024-01-24; both records come from the same filing, so the date should be checked against it.

Source: VALVOLINE INC., Form 8-K, filed with the SEC on 2024-01-30 — read the filing on EDGAR.

How asset managers voted at the VALVOLINE INC. 2023-2024 meeting

Each item below shows how the 417 asset managers that disclosed a VALVOLINE INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of VALVOLINE INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Non-binding Advisory Resolution Approving our Executive Compensation

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Combines 12 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 109,727,627AGAINST: 5,094,084

VALVOLINE INC.’s own tally for this item (“Proposal 3: The non-binding advisory vote that shareholders vote on Valvoline's executive compensation every year was approved by the shareholders by the votes set forth in the table below:”): 109,727,627 for, 5,094,084 against, per its Form 8-K filed 2024-01-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 129,600,000 outstanding shares: 85% for, 4% against (89% of the company cast a for/against vote).

The 400 asset managers below cast 97% of the shares they voted on this item FOR. Fund share totals are not shown for this item: fund-reported shares overlap across filings (an adviser and the funds it manages can each report the same shares), and here their sum exceeds the total votes cast at the meeting.

FOR 97%
FOR: 97.1%AGAINST: 2.9%ABSTAIN: 0.0%NOT VOTED: 0.0%UNKNOWN: 0.0%UNVOTED: 0.0%
Largest asset managers voting on “Non-binding Advisory Resolution Approving our Executive Compensation” at VALVOLINE INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard13,820,8850 00For
Fidelity12,320,6100 00For
BlackRock9,722,0341,410 00For
Invesco6,981,0670 00For
State Street5,005,8630 00For
WASATCH ADVISORS LP4,858,2110 00For
VIKING GLOBAL INVESTORS LP3,476,7450 00For
WASATCH FUNDS TRUST3,417,3080 00For
Charles Schwab3,239,9650 00For
Alua Capital Management LP3,027,3360 00For
LORD, ABBETT & CO. LLC2,732,3350 00For
Dimensional2,647,7530 00For
Tensile Capital Management LP2,407,0600 00For
SCHRODER INVESTMENT MANAGEMENT GROUP2,170,0110 00For
Wellington2,119,5060 00For
GEODE CAPITAL MANAGEMENT, LLC1,999,5810 00For
Junto Capital Management LP1,966,6320 00For
Hartford1,575,0500 00For
MELLON INVESTMENTS Corp1,524,1710 00For
Columbia Threadneedle1,511,7500 00For
John Hancock1,413,4520 00For
FMI FUNDS INC01,400,000 00Against
COMMERCE BANK1,180,8760 00For
Janus Henderson1,120,4970 00For
JANUS INVESTMENT FUND1,120,4250 00For

Showing the 25 largest of 400 asset managers. See all 400 in the interactive database.

2. Election of Nine Directors: Carol H. Kruse

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%
FOR: 114,034,023AGAINST: 920,185

VALVOLINE INC.’s own tally for this item (“Elect Director: Carol H. Kruse”): 114,034,023 for, 920,185 against, per its Form 8-K filed 2024-01-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 129,600,000 outstanding shares: 88% for, 0.8% against (89% of the company cast a for/against vote).

The 107 asset managers below cast 99.9% of the shares they voted on this item FOR (52,429,687 for, 423 against).

FOR 99.9%
FOR: 52,429,687 (99.9%)AGAINST: 423 (0.0%)ABSTAIN: 30,724 (0.1%)UNKNOWN: 6,620 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Carol H. Kruse” at VALVOLINE INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard13,621,2640 00For
BlackRock7,283,8360 00For
Fidelity5,709,0140 00For
WASATCH FUNDS TRUST3,417,3080 00For
Invesco3,392,6930 00For
Dimensional2,187,6030 00For
Charles Schwab1,619,2110 00For
Hartford1,574,7380 00For
FMI FUNDS INC1,400,0000 00For
JANUS INVESTMENT FUND1,120,4250 00For
Columbia Threadneedle964,7310 00For
State Street955,7140 00For
Royce915,2480 00For
SCHWARTZ INVESTMENT TRUST900,0000 00For
TIAA670,4570 00For
GLENMEDE FUND INC472,4660 00For
Jackson National415,6230 00For
T. Rowe Price387,6560 00For
Equitable349,9380 00For
ADVISORS SERIES TRUST317,1580 00For
JPMorgan289,2900 00For
TOUCHSTONE FUNDS GROUP TRUST286,5160 00For
Northwestern Mutual273,5230 00For
Principal250,3930 00For
John Hancock228,5300 00For

Showing the 25 largest of 107 asset managers. See all 107 in the interactive database.

3. Election of Nine Directors: Charles M. Sonsteby

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 114,203,994AGAINST: 715,970

VALVOLINE INC.’s own tally for this item (“Elect Director: Charles M. Sonsteby”): 114,203,994 for, 715,970 against, per its Form 8-K filed 2024-01-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 129,600,000 outstanding shares: 88% for, 0.6% against (89% of the company cast a for/against vote).

The 107 asset managers below cast 100% of the shares they voted on this item FOR (52,430,110 for, 0 against).

FOR 99.9%
FOR: 52,430,110 (99.9%)ABSTAIN: 30,724 (0.1%)UNKNOWN: 6,620 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Charles M. Sonsteby” at VALVOLINE INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard13,621,2640 00For
BlackRock7,283,8360 00For
Fidelity5,709,0140 00For
WASATCH FUNDS TRUST3,417,3080 00For
Invesco3,392,6930 00For
Dimensional2,187,6030 00For
Charles Schwab1,619,2110 00For
Hartford1,574,7380 00For
FMI FUNDS INC1,400,0000 00For
JANUS INVESTMENT FUND1,120,4250 00For
Columbia Threadneedle964,7310 00For
State Street955,7140 00For
Royce915,2480 00For
SCHWARTZ INVESTMENT TRUST900,0000 00For
TIAA670,4570 00For
GLENMEDE FUND INC472,4660 00For
Jackson National415,6230 00For
T. Rowe Price387,6560 00For
Equitable349,9380 00For
ADVISORS SERIES TRUST317,1580 00For
JPMorgan289,2900 00For
TOUCHSTONE FUNDS GROUP TRUST286,5160 00For
Northwestern Mutual273,5230 00For
Principal250,3930 00For
John Hancock228,5300 00For

Showing the 25 largest of 107 asset managers. See all 107 in the interactive database.

4. Election of Nine Directors: Gerald W. Evans, Jr.

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%
FOR: 113,854,503AGAINST: 1,121,818

VALVOLINE INC.’s own tally for this item (“Elect Director: Gerald W. Evans, Jr.”): 113,854,503 for, 1,121,818 against, per its Form 8-K filed 2024-01-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 129,600,000 outstanding shares: 88% for, 0.9% against (89% of the company cast a for/against vote).

The 107 asset managers below cast 99.9% of the shares they voted on this item FOR (52,429,687 for, 423 against).

FOR 99.9%
FOR: 52,429,687 (99.9%)AGAINST: 423 (0.0%)ABSTAIN: 30,724 (0.1%)UNKNOWN: 6,620 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Gerald W. Evans, Jr.” at VALVOLINE INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard13,621,2640 00For
BlackRock7,283,8360 00For
Fidelity5,709,0140 00For
WASATCH FUNDS TRUST3,417,3080 00For
Invesco3,392,6930 00For
Dimensional2,187,6030 00For
Charles Schwab1,619,2110 00For
Hartford1,574,7380 00For
FMI FUNDS INC1,400,0000 00For
JANUS INVESTMENT FUND1,120,4250 00For
Columbia Threadneedle964,7310 00For
State Street955,7140 00For
Royce915,2480 00For
SCHWARTZ INVESTMENT TRUST900,0000 00For
TIAA670,4570 00For
GLENMEDE FUND INC472,4660 00For
Jackson National415,6230 00For
T. Rowe Price387,6560 00For
Equitable349,9380 00For
ADVISORS SERIES TRUST317,1580 00For
JPMorgan289,2900 00For
TOUCHSTONE FUNDS GROUP TRUST286,5160 00For
Northwestern Mutual273,5230 00For
Principal250,3930 00For
John Hancock228,5300 00For

Showing the 25 largest of 107 asset managers. See all 107 in the interactive database.

5. Election of Nine Directors: Jennifer L. Slater

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 114,047,401AGAINST: 899,357

VALVOLINE INC.’s own tally for this item (“Elect Director: Jennifer L. Slater”): 114,047,401 for, 899,357 against, per its Form 8-K filed 2024-01-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 129,600,000 outstanding shares: 88% for, 0.7% against (89% of the company cast a for/against vote).

The 107 asset managers below cast 99.9% of the shares they voted on this item FOR (52,429,687 for, 423 against).

FOR 99.9%
FOR: 52,429,687 (99.9%)AGAINST: 423 (0.0%)ABSTAIN: 30,724 (0.1%)UNKNOWN: 6,620 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Jennifer L. Slater” at VALVOLINE INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard13,621,2640 00For
BlackRock7,283,8360 00For
Fidelity5,709,0140 00For
WASATCH FUNDS TRUST3,417,3080 00For
Invesco3,392,6930 00For
Dimensional2,187,6030 00For
Charles Schwab1,619,2110 00For
Hartford1,574,7380 00For
FMI FUNDS INC1,400,0000 00For
JANUS INVESTMENT FUND1,120,4250 00For
Columbia Threadneedle964,7310 00For
State Street955,7140 00For
Royce915,2480 00For
SCHWARTZ INVESTMENT TRUST900,0000 00For
TIAA670,4570 00For
GLENMEDE FUND INC472,4660 00For
Jackson National415,6230 00For
T. Rowe Price387,6560 00For
Equitable349,9380 00For
ADVISORS SERIES TRUST317,1580 00For
JPMorgan289,2900 00For
TOUCHSTONE FUNDS GROUP TRUST286,5160 00For
Northwestern Mutual273,5230 00For
Principal250,3930 00For
John Hancock228,5300 00For

Showing the 25 largest of 107 asset managers. See all 107 in the interactive database.

6. Election of Nine Directors: Lori A. Flees

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 114,387,419AGAINST: 575,385

VALVOLINE INC.’s own tally for this item (“Elect Director: Lori A. Flees”): 114,387,419 for, 575,385 against, per its Form 8-K filed 2024-01-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 129,600,000 outstanding shares: 88% for, 0.5% against (89% of the company cast a for/against vote).

The 107 asset managers below cast 99.9% of the shares they voted on this item FOR (52,414,273 for, 15,837 against).

FOR 99.8%
FOR: 52,414,273 (99.9%)AGAINST: 15,837 (0.0%)ABSTAIN: 30,724 (0.1%)UNKNOWN: 6,620 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Lori A. Flees” at VALVOLINE INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard13,621,2640 00For
BlackRock7,283,8360 00For
Fidelity5,709,0140 00For
WASATCH FUNDS TRUST3,417,3080 00For
Invesco3,392,6930 00For
Dimensional2,187,6030 00For
Charles Schwab1,619,2110 00For
Hartford1,574,7380 00For
FMI FUNDS INC1,400,0000 00For
JANUS INVESTMENT FUND1,120,4250 00For
Columbia Threadneedle964,7310 00For
State Street955,7140 00For
Royce915,2480 00For
SCHWARTZ INVESTMENT TRUST900,0000 00For
TIAA670,4570 00For
GLENMEDE FUND INC472,4660 00For
Jackson National415,6230 00For
T. Rowe Price387,6560 00For
Equitable349,9380 00For
ADVISORS SERIES TRUST317,1580 00For
JPMorgan289,2900 00For
TOUCHSTONE FUNDS GROUP TRUST286,5160 00For
Northwestern Mutual273,5230 00For
Principal250,3930 00For
John Hancock228,5300 00For

Showing the 25 largest of 107 asset managers. See all 107 in the interactive database.

7. Election of Nine Directors: Mary J. Twinem

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 114,272,531AGAINST: 679,068

VALVOLINE INC.’s own tally for this item (“Elect Director: Mary J. Twinem”): 114,272,531 for, 679,068 against, per its Form 8-K filed 2024-01-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 129,600,000 outstanding shares: 88% for, 0.6% against (89% of the company cast a for/against vote).

The 107 asset managers below cast 100% of the shares they voted on this item FOR (52,430,110 for, 0 against).

FOR 99.9%
FOR: 52,430,110 (99.9%)ABSTAIN: 30,724 (0.1%)UNKNOWN: 6,620 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Mary J. Twinem” at VALVOLINE INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard13,621,2640 00For
BlackRock7,283,8360 00For
Fidelity5,709,0140 00For
WASATCH FUNDS TRUST3,417,3080 00For
Invesco3,392,6930 00For
Dimensional2,187,6030 00For
Charles Schwab1,619,2110 00For
Hartford1,574,7380 00For
FMI FUNDS INC1,400,0000 00For
JANUS INVESTMENT FUND1,120,4250 00For
Columbia Threadneedle964,7310 00For
State Street955,7140 00For
Royce915,2480 00For
SCHWARTZ INVESTMENT TRUST900,0000 00For
TIAA670,4570 00For
GLENMEDE FUND INC472,4660 00For
Jackson National415,6230 00For
T. Rowe Price387,6560 00For
Equitable349,9380 00For
ADVISORS SERIES TRUST317,1580 00For
JPMorgan289,2900 00For
TOUCHSTONE FUNDS GROUP TRUST286,5160 00For
Northwestern Mutual273,5230 00For
Principal250,3930 00For
John Hancock228,5300 00For

Showing the 25 largest of 107 asset managers. See all 107 in the interactive database.

8. Election of Nine Directors: Patrick S. Pacious

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 114,046,282AGAINST: 909,087

VALVOLINE INC.’s own tally for this item (“Elect Director: Patrick S. Pacious”): 114,046,282 for, 909,087 against, per its Form 8-K filed 2024-01-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 129,600,000 outstanding shares: 88% for, 0.8% against (89% of the company cast a for/against vote).

The 107 asset managers below cast 99.9% of the shares they voted on this item FOR (52,429,440 for, 423 against).

FOR 99.9%
FOR: 52,429,440 (99.9%)AGAINST: 423 (0.0%)ABSTAIN: 30,971 (0.1%)UNKNOWN: 6,620 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Patrick S. Pacious” at VALVOLINE INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard13,621,2640 00For
BlackRock7,283,8360 00For
Fidelity5,709,0140 00For
WASATCH FUNDS TRUST3,417,3080 00For
Invesco3,392,6930 00For
Dimensional2,187,6030 00For
Charles Schwab1,619,2110 00For
Hartford1,574,7380 00For
FMI FUNDS INC1,400,0000 00For
JANUS INVESTMENT FUND1,120,4250 00For
Columbia Threadneedle964,7310 00For
State Street955,7140 00For
Royce915,2480 00For
SCHWARTZ INVESTMENT TRUST900,0000 00For
TIAA670,4570 00For
GLENMEDE FUND INC472,4660 00For
Jackson National415,6230 00For
T. Rowe Price387,6560 00For
Equitable349,9380 00For
ADVISORS SERIES TRUST317,1580 00For
JPMorgan289,2900 00For
TOUCHSTONE FUNDS GROUP TRUST286,5160 00For
Northwestern Mutual273,5230 00For
Principal250,3930 00For
John Hancock228,5300 00For

Showing the 25 largest of 107 asset managers. See all 107 in the interactive database.

9. Election of Nine Directors: Richard J. Freeland

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%
FOR: 113,808,887AGAINST: 1,141,891

VALVOLINE INC.’s own tally for this item (“Elect Director: Richard J. Freeland”): 113,808,887 for, 1,141,891 against, per its Form 8-K filed 2024-01-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 129,600,000 outstanding shares: 88% for, 0.9% against (89% of the company cast a for/against vote).

The 107 asset managers below cast 100% of the shares they voted on this item FOR (52,430,110 for, 0 against).

FOR 99.9%
FOR: 52,430,110 (99.9%)ABSTAIN: 30,724 (0.1%)UNKNOWN: 6,620 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Richard J. Freeland” at VALVOLINE INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard13,621,2640 00For
BlackRock7,283,8360 00For
Fidelity5,709,0140 00For
WASATCH FUNDS TRUST3,417,3080 00For
Invesco3,392,6930 00For
Dimensional2,187,6030 00For
Charles Schwab1,619,2110 00For
Hartford1,574,7380 00For
FMI FUNDS INC1,400,0000 00For
JANUS INVESTMENT FUND1,120,4250 00For
Columbia Threadneedle964,7310 00For
State Street955,7140 00For
Royce915,2480 00For
SCHWARTZ INVESTMENT TRUST900,0000 00For
TIAA670,4570 00For
GLENMEDE FUND INC472,4660 00For
Jackson National415,6230 00For
T. Rowe Price387,6560 00For
Equitable349,9380 00For
ADVISORS SERIES TRUST317,1580 00For
JPMorgan289,2900 00For
TOUCHSTONE FUNDS GROUP TRUST286,5160 00For
Northwestern Mutual273,5230 00For
Principal250,3930 00For
John Hancock228,5300 00For

Showing the 25 largest of 107 asset managers. See all 107 in the interactive database.

10. Election of Nine Directors: Vada O. Manager

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%
FOR: 113,817,950AGAINST: 1,145,530

VALVOLINE INC.’s own tally for this item (“Elect Director: Vada O. Manager”): 113,817,950 for, 1,145,530 against, per its Form 8-K filed 2024-01-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 129,600,000 outstanding shares: 88% for, 0.9% against (89% of the company cast a for/against vote).

The 107 asset managers below cast 99.9% of the shares they voted on this item FOR (52,398,764 for, 31,346 against).

FOR 99.8%
FOR: 52,398,764 (99.9%)AGAINST: 31,346 (0.1%)ABSTAIN: 30,724 (0.1%)UNKNOWN: 6,620 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Vada O. Manager” at VALVOLINE INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard13,621,2640 00For
BlackRock7,283,8360 00For
Fidelity5,709,0140 00For
WASATCH FUNDS TRUST3,417,3080 00For
Invesco3,392,6930 00For
Dimensional2,187,6030 00For
Charles Schwab1,619,2110 00For
Hartford1,574,7380 00For
FMI FUNDS INC1,400,0000 00For
JANUS INVESTMENT FUND1,120,4250 00For
Columbia Threadneedle964,7310 00For
State Street955,7140 00For
Royce915,2480 00For
SCHWARTZ INVESTMENT TRUST900,0000 00For
TIAA670,4570 00For
GLENMEDE FUND INC472,4660 00For
Jackson National415,6230 00For
T. Rowe Price387,6560 00For
Equitable349,9380 00For
ADVISORS SERIES TRUST317,1580 00For
JPMorgan289,2900 00For
TOUCHSTONE FUNDS GROUP TRUST286,5160 00For
Northwestern Mutual273,5230 00For
Principal250,3930 00For
John Hancock228,5300 00For

Showing the 25 largest of 107 asset managers. See all 107 in the interactive database.

11. RATIFICATION OF APPOINTMENT OF ERNST & YOUNG LLP AS VALVOLINE'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL 2024.

AUDIT-RELATEDMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 121,351,551AGAINST: 921,104

VALVOLINE INC.’s own tally for this item (“Proposal 2: The appointment of Ernst & Young LLP as Valvoline's independent registered public accounting firm for fiscal 2024 was ratified by the shareholders by the votes set forth in the table below:”): 121,351,551 for, 921,104 against, per its Form 8-K filed 2024-01-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 129,600,000 outstanding shares: 94% for, 0.8% against (94% of the company cast a for/against vote).

The 106 asset managers below cast 99.9% of the shares they voted on this item FOR (52,414,863 for, 1,712 against).

FOR 99.9%
FOR: 52,414,863 (99.9%)AGAINST: 1,712 (0.0%)ABSTAIN: 30,927 (0.1%)UNKNOWN: 6,620 (0.0%)
Largest asset managers voting on “RATIFICATION OF APPOINTMENT OF ERNST & YOUNG LLP AS VALVOLINE'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ” at VALVOLINE INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard13,621,2640 00For
BlackRock7,283,8360 00For
Fidelity5,709,0140 00For
WASATCH FUNDS TRUST3,417,3080 00For
Invesco3,392,6930 00For
Dimensional2,187,6030 00For
Charles Schwab1,619,2110 00For
Hartford1,574,7380 00For
FMI FUNDS INC1,400,0000 00For
JANUS INVESTMENT FUND1,120,4250 00For
Columbia Threadneedle964,7310 00For
State Street955,7140 00For
Royce915,2480 00For
SCHWARTZ INVESTMENT TRUST900,0000 00For
TIAA670,4570 00For
GLENMEDE FUND INC472,4660 00For
Jackson National415,6230 00For
T. Rowe Price387,6560 00For
Equitable349,9380 00For
ADVISORS SERIES TRUST317,1580 00For
JPMorgan289,2900 00For
TOUCHSTONE FUNDS GROUP TRUST286,5160 00For
Northwestern Mutual273,5230 00For
Principal250,3930 00For
John Hancock228,5300 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

12. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTESSECTION 14A SAY-ON-PAY VOTESSECTION 14A SAY-ON-PAY VOTESSECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

96% Majority: yes · of votes cast

FOR 96%
FOR: 109,727,627AGAINST: 5,094,084

VALVOLINE INC.’s own tally for this item (“Proposal 3: The non-binding advisory vote that shareholders vote on Valvoline's executive compensation every year was approved by the shareholders by the votes set forth in the table below:”): 109,727,627 for, 5,094,084 against, per its Form 8-K filed 2024-01-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 129,600,000 outstanding shares: 85% for, 4% against (89% of the company cast a for/against vote).

The 10 asset managers below cast 100% of the shares they voted on this item FOR (5,455,900 for, 0 against).

FOR 100%
FOR: 5,455,900 (100.0%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at VALVOLINE INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
GLENVIEW CAPITAL MANAGEMENT, LLC2,661,4390 00For
SCHARF INVESTMENTS, LLC2,035,7420 00For
JPMorgan362,5580 00For
ADVISORY RESEARCH INC233,0240 00For
Morningstar Funds Trust81,1020 00For
Empower64,1440 00For
Virtus13,3320 00For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma2,9800 00For
Desjardins Global Asset Management Inc.1,3910 00For
Warren Street Wealth Advisors, LLC1880 00For

13. Ratification of Auditor

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (13,801 for, 0 against).

FOR: 13,801 (100.0%)
Largest asset managers voting on “Ratification of Auditor” at VALVOLINE INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Virtus13,3320 00For
Two Roads Shared Trust4690 00For

Largest VALVOLINE INC. shareholders voting in 2023-2024

Ranked by the number of VALVOLINE INC. shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 129,600,000 shares outstanding at the time of that meeting.

Top VALVOLINE INC. shareholders by shares voted, 2023-2024
#Asset manager % of shares outstanding
1Vanguard 10.66%
2Fidelity 9.51%
3BlackRock 7.50%
4Invesco 5.39%
5State Street 3.86%
6WASATCH ADVISORS LP 3.75%
7VIKING GLOBAL INVESTORS LP 2.68%
8WASATCH FUNDS TRUST 2.64%
9Charles Schwab 2.51%
10Alua Capital Management LP 2.34%

Reported VALVOLINE INC. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

VALVOLINE INC. beneficial owners on record for the 2023-2024 proxy season
Holder % outstanding Disclosure
BlackRock, Inc. 9.46% DEF14A
Vanguard Group 9.44% 13F
Wasatch Advisors LP 7.51% DEF14A
State Street 3.25% 13F
Morgan Stanley 2.87% 13F
Wellington Management 2.76% 13F
Invesco 2.73% 13F
Geode Capital 1.62% 13F
Norges Bank 1.46% 13F
Mary E. Meixelsperger 0.20% DEF14A

Percentages above are of 129,600,000 shares outstanding, as reported by VALVOLINE INC. on its Form 10-Q dated 2023-12-31 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from VALVOLINE INC.’s 10-Q dated 2023-12-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At VALVOLINE INC.'s shareholder meeting held 2024-01-25, in the 2023-2024 proxy season, 417 asset managers reported how they voted in their SEC Form N-PX filings, covering 4,852 separate fund positions. Their filings are grouped here into 13 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Non-binding Advisory Resolution Approving our Executive Compensation — FOR was 96% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: VALVOLINE INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2024-01-30.

VALVOLINE INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.