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VALVOLINE INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and VALVOLINE INC.’s Form 8-K, filed 2025-01-30 (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 13Reported items
  • 468Asset managers
  • 4,343Fund votes
  • 2025-01-28Meeting date

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

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

Official 2024-2025 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 2025-01-30 (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 2025-01-28
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Gerald W. Evans, Jr. 110,953,513694,863217,436 --7,339,924 Majority: yes
Elect Director: Lori A. Flees 111,352,738332,539180,535 --7,339,924 Majority: yes
Elect Director: Richard J. Freeland 110,663,288998,652203,872 --7,339,924 Majority: yes
Elect Director: Carol H. Kruse 111,088,619594,775182,418 --7,339,924 Majority: yes
Elect Director: Vada O. Manager 110,668,4341,015,543181,835 --7,339,924 Majority: yes
Elect Director: Patrick S. Pacious 111,115,577509,427240,808 --7,339,924 Majority: yes
Elect Director: Jennifer L. Slater 111,151,412533,092181,308 --7,339,924 Majority: yes
Elect Director: Charles M. Sonsteby 111,165,618516,474183,720 --7,339,924 Majority: yes
Elect Director: Mary J. Twinem 111,235,231445,916184,665 --7,339,924 Majority: yes
Proposal 2: The appointment of Ernst & Young LLP as Valvoline's independent registered public accounting firm for fiscal 2025 was ratified by the shareholders by the votes set forth in the table below: 118,106,386937,676161,674 --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: 102,295,6139,218,255351,944 --7,339,924 Majority: yes

Source: VALVOLINE INC., Form 8-K, filed with the SEC on 2025-01-30 — read the filing on EDGAR.

How asset managers voted at the VALVOLINE INC. 2024-2025 meeting

Each item below shows how the 468 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

Meeting held 2025-01-28.

Combines 7 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%
FOR: 102,295,613AGAINST: 9,218,255

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:”): 102,295,613 for, 9,218,255 against, per its Form 8-K filed 2025-01-30 (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 127,600,000 outstanding shares: 80% for, 7% against (87% of the company cast a for/against vote).

The 447 asset managers below cast 92% 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 92%8%
FOR: 91.7%AGAINST: 8.3%ABSTAIN: 0.0%NOT VOTED: 0.0%
Largest asset managers voting on “Non-binding Advisory Resolution Approving our Executive Compensation.” at VALVOLINE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard13,517,1880 00For
Fidelity12,609,9760 00For
BlackRock10,825,2542,284 00For
WASATCH ADVISORS LP7,616,0830 00For
Invesco06,408,126 00Against
WASATCH FUNDS TRUST5,392,2960 00For
State Street4,866,6830 00For
Alua Capital Management LP3,387,6140 00For
Charles Schwab3,241,9750 00For
CONGRESS ASSET MANAGEMENT CO2,827,7765,730 00For
Columbia Threadneedle2,736,6930 00For
Wellington2,513,7740 00For
Dimensional2,397,6730 00For
GEODE CAPITAL MANAGEMENT, LLC2,184,5090 00For
Hartford2,161,6590 00For
Tensile Capital Management LP1,840,1790 00For
FMI FUNDS INC01,640,000 00Against
Neuberger Berman1,549,5100 00For
T. Rowe Price1,349,5290 00For
Sculptor Capital LP1,325,6820 00For
PROFESSIONALLY MANAGED PORTFOLIOS1,325,0000 00For
John Hancock1,269,8030 00For
COMMERCE BANK1,231,2370 00For
Royce1,105,3720 00For
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.1,089,5880 00For

Showing the 25 largest of 447 asset managers. See all 447 in the interactive database.

2. RATIFICATION OF APPOINTMENT OF ERNST & YOUNG LLP AS VALVOLINE'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL 2025.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-01-28.

Combines 5 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 118,106,386AGAINST: 937,676

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 2025 was ratified by the shareholders by the votes set forth in the table below:”): 118,106,386 for, 937,676 against, per its Form 8-K filed 2025-01-30 (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 127,600,000 outstanding shares: 93% for, 0.8% against (93% of the company cast a for/against vote).

The 109 asset managers below cast 99.9% of the shares they voted on this item FOR (55,498,468 for, 25,254 against).

FOR 99.9%
FOR: 55,498,468 (99.9%)AGAINST: 25,254 (0.0%)ABSTAIN: 23,756 (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., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard13,206,9630 00For
BlackRock7,052,1430 00For
WASATCH FUNDS TRUST5,392,2960 00For
Fidelity4,469,3380 00For
Invesco3,127,7280 00For
Columbia Threadneedle2,168,3000 00For
Hartford2,161,6590 00For
Dimensional2,014,8670 00For
FMI FUNDS INC1,640,0000 00For
Charles Schwab1,618,8060 00For
PROFESSIONALLY MANAGED PORTFOLIOS1,325,0000 00For
State Street1,061,48768 00For
TIAA1,005,5640 00For
Royce919,4130 00For
JANUS INVESTMENT FUND892,6460 00For
Neuberger Berman589,1140 00For
T. Rowe Price553,2470 00For
GLENMEDE FUND INC491,8060 00For
Nationwide451,1970 00For
Natixis397,3480 00For
SCHWARTZ INVESTMENT TRUST350,0000 00For
Jackson National331,2230 00For
Equitable299,1160 00For
TOUCHSTONE FUNDS GROUP TRUST244,5520 00For
Principal224,6670 00For

Showing the 25 largest of 109 asset managers. See all 109 in the interactive database.

3. Election of Nine Directors: Carol H. Kruse

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-28.

Combines 3 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 111,088,619AGAINST: 594,775

VALVOLINE INC.’s own tally for this item (“Elect Director: Carol H. Kruse”): 111,088,619 for, 594,775 against, per its Form 8-K filed 2025-01-30 (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 127,600,000 outstanding shares: 87% for, 0.5% against (88% of the company cast a for/against vote).

The 108 asset managers below cast 99.9% of the shares they voted on this item FOR (55,509,477 for, 4,009 against).

FOR 99.9%
FOR: 55,509,477 (100.0%)AGAINST: 4,009 (0.0%)ABSTAIN: 23,756 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Carol H. Kruse” at VALVOLINE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard13,206,9630 00For
BlackRock7,052,1430 00For
WASATCH FUNDS TRUST5,392,2960 00For
Fidelity4,469,3380 00For
Invesco3,127,7280 00For
Columbia Threadneedle2,168,3000 00For
Hartford2,161,6590 00For
Dimensional2,014,8670 00For
FMI FUNDS INC1,640,0000 00For
Charles Schwab1,618,8060 00For
PROFESSIONALLY MANAGED PORTFOLIOS1,325,0000 00For
State Street1,061,5550 00For
TIAA1,005,5640 00For
Royce919,4130 00For
JANUS INVESTMENT FUND892,6460 00For
Neuberger Berman589,1140 00For
T. Rowe Price553,2470 00For
GLENMEDE FUND INC491,8060 00For
Nationwide451,1970 00For
Natixis397,3480 00For
SCHWARTZ INVESTMENT TRUST350,0000 00For
Jackson National331,2230 00For
Equitable299,1160 00For
TOUCHSTONE FUNDS GROUP TRUST244,5520 00For
Principal224,6670 00For

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

4. Election of Nine Directors: Charles M. Sonsteby

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-28.

Combines 4 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 111,165,618AGAINST: 516,474

VALVOLINE INC.’s own tally for this item (“Elect Director: Charles M. Sonsteby”): 111,165,618 for, 516,474 against, per its Form 8-K filed 2025-01-30 (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 127,600,000 outstanding shares: 87% for, 0.5% against (88% of the company cast a for/against vote).

The 108 asset managers below cast 99.9% of the shares they voted on this item FOR (55,513,484 for, 1 against).

FOR 99.9%
FOR: 55,513,484 (100.0%)AGAINST: 1 (0.0%)ABSTAIN: 23,756 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Charles M. Sonsteby” at VALVOLINE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard13,206,9630 00For
BlackRock7,052,1430 00For
WASATCH FUNDS TRUST5,392,2960 00For
Fidelity4,469,3380 00For
Invesco3,127,7280 00For
Columbia Threadneedle2,168,3000 00For
Hartford2,161,6590 00For
Dimensional2,014,8670 00For
FMI FUNDS INC1,640,0000 00For
Charles Schwab1,618,8060 00For
PROFESSIONALLY MANAGED PORTFOLIOS1,325,0000 00For
State Street1,061,5550 00For
TIAA1,005,5640 00For
Royce919,4130 00For
JANUS INVESTMENT FUND892,6460 00For
Neuberger Berman589,1140 00For
T. Rowe Price553,2470 00For
GLENMEDE FUND INC491,8060 00For
Nationwide451,1970 00For
Natixis397,3480 00For
SCHWARTZ INVESTMENT TRUST350,0000 00For
Jackson National331,2230 00For
Equitable299,1160 00For
TOUCHSTONE FUNDS GROUP TRUST244,5520 00For
Principal224,6670 00For

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

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

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-28.

Combines 4 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 110,953,513AGAINST: 694,863

VALVOLINE INC.’s own tally for this item (“Elect Director: Gerald W. Evans, Jr.”): 110,953,513 for, 694,863 against, per its Form 8-K filed 2025-01-30 (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 127,600,000 outstanding shares: 87% for, 0.6% against (87% of the company cast a for/against vote).

The 108 asset managers below cast 99.9% of the shares they voted on this item FOR (55,513,484 for, 2 against).

FOR 99.9%
FOR: 55,513,484 (100.0%)AGAINST: 2 (0.0%)ABSTAIN: 23,757 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Gerald W. Evans, Jr.” at VALVOLINE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard13,206,9630 00For
BlackRock7,052,1430 00For
WASATCH FUNDS TRUST5,392,2960 00For
Fidelity4,469,3380 00For
Invesco3,127,7280 00For
Columbia Threadneedle2,168,3000 00For
Hartford2,161,6590 00For
Dimensional2,014,8670 00For
FMI FUNDS INC1,640,0000 00For
Charles Schwab1,618,8060 00For
PROFESSIONALLY MANAGED PORTFOLIOS1,325,0000 00For
State Street1,061,5550 00For
TIAA1,005,5640 00For
Royce919,4130 00For
JANUS INVESTMENT FUND892,6460 00For
Neuberger Berman589,1140 00For
T. Rowe Price553,2470 00For
GLENMEDE FUND INC491,8060 00For
Nationwide451,1970 00For
Natixis397,3480 00For
SCHWARTZ INVESTMENT TRUST350,0000 00For
Jackson National331,2230 00For
Equitable299,1160 00For
TOUCHSTONE FUNDS GROUP TRUST244,5520 00For
Principal224,6670 00For

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

6. Election of Nine Directors: Jennifer L. Slater

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-28.

Combines 4 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 111,151,412AGAINST: 533,092

VALVOLINE INC.’s own tally for this item (“Elect Director: Jennifer L. Slater”): 111,151,412 for, 533,092 against, per its Form 8-K filed 2025-01-30 (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 127,600,000 outstanding shares: 87% for, 0.5% against (88% of the company cast a for/against vote).

The 108 asset managers below cast 99.9% of the shares they voted on this item FOR (55,513,484 for, 1 against).

FOR 99.9%
FOR: 55,513,484 (100.0%)AGAINST: 1 (0.0%)ABSTAIN: 23,756 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Jennifer L. Slater” at VALVOLINE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard13,206,9630 00For
BlackRock7,052,1430 00For
WASATCH FUNDS TRUST5,392,2960 00For
Fidelity4,469,3380 00For
Invesco3,127,7280 00For
Columbia Threadneedle2,168,3000 00For
Hartford2,161,6590 00For
Dimensional2,014,8670 00For
FMI FUNDS INC1,640,0000 00For
Charles Schwab1,618,8060 00For
PROFESSIONALLY MANAGED PORTFOLIOS1,325,0000 00For
State Street1,061,5550 00For
TIAA1,005,5640 00For
Royce919,4130 00For
JANUS INVESTMENT FUND892,6460 00For
Neuberger Berman589,1140 00For
T. Rowe Price553,2470 00For
GLENMEDE FUND INC491,8060 00For
Nationwide451,1970 00For
Natixis397,3480 00For
SCHWARTZ INVESTMENT TRUST350,0000 00For
Jackson National331,2230 00For
Equitable299,1160 00For
TOUCHSTONE FUNDS GROUP TRUST244,5520 00For
Principal224,6670 00For

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

7. Election of Nine Directors: Lori A. Flees

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-28.

Combines 3 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 111,352,738AGAINST: 332,539

VALVOLINE INC.’s own tally for this item (“Elect Director: Lori A. Flees”): 111,352,738 for, 332,539 against, per its Form 8-K filed 2025-01-30 (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 127,600,000 outstanding shares: 87% for, 0.3% against (88% of the company cast a for/against vote).

The 108 asset managers below cast 99.9% of the shares they voted on this item FOR (55,488,171 for, 25,315 against).

FOR 99.9%
FOR: 55,488,171 (99.9%)AGAINST: 25,315 (0.0%)ABSTAIN: 23,756 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Lori A. Flees” at VALVOLINE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard13,206,9630 00For
BlackRock7,052,1430 00For
WASATCH FUNDS TRUST5,392,2960 00For
Fidelity4,469,3380 00For
Invesco3,127,7280 00For
Columbia Threadneedle2,168,3000 00For
Hartford2,161,6590 00For
Dimensional2,014,8670 00For
FMI FUNDS INC1,640,0000 00For
Charles Schwab1,618,8060 00For
PROFESSIONALLY MANAGED PORTFOLIOS1,325,0000 00For
State Street1,061,5550 00For
TIAA1,005,5640 00For
Royce919,4130 00For
JANUS INVESTMENT FUND892,6460 00For
Neuberger Berman589,1140 00For
T. Rowe Price553,2470 00For
GLENMEDE FUND INC491,8060 00For
Nationwide451,1970 00For
Natixis397,3480 00For
SCHWARTZ INVESTMENT TRUST350,0000 00For
Jackson National331,2230 00For
Equitable299,1160 00For
TOUCHSTONE FUNDS GROUP TRUST244,5520 00For
Principal224,6670 00For

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

8. Election of Nine Directors: Mary J. Twinem

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-28.

Combines 3 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%
FOR: 111,235,231AGAINST: 445,916

VALVOLINE INC.’s own tally for this item (“Elect Director: Mary J. Twinem”): 111,235,231 for, 445,916 against, per its Form 8-K filed 2025-01-30 (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 127,600,000 outstanding shares: 87% for, 0.4% against (88% of the company cast a for/against vote).

The 108 asset managers below cast 99.7% of the shares they voted on this item FOR (55,358,278 for, 155,207 against).

FOR 99.6%
FOR: 55,358,278 (99.7%)AGAINST: 155,207 (0.3%)ABSTAIN: 23,756 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Mary J. Twinem” at VALVOLINE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard13,206,9630 00For
BlackRock7,052,1430 00For
WASATCH FUNDS TRUST5,392,2960 00For
Fidelity4,469,3380 00For
Invesco3,127,7280 00For
Columbia Threadneedle2,168,3000 00For
Hartford2,161,6590 00For
Dimensional2,014,8670 00For
FMI FUNDS INC1,640,0000 00For
Charles Schwab1,618,8060 00For
PROFESSIONALLY MANAGED PORTFOLIOS1,325,0000 00For
State Street1,061,5550 00For
TIAA1,005,5640 00For
Royce919,4130 00For
JANUS INVESTMENT FUND892,6460 00For
Neuberger Berman589,1140 00For
T. Rowe Price553,2470 00For
GLENMEDE FUND INC491,8060 00For
Nationwide451,1970 00For
Natixis397,3480 00For
SCHWARTZ INVESTMENT TRUST350,0000 00For
Jackson National331,2230 00For
Equitable143,910155,206 00Against
TOUCHSTONE FUNDS GROUP TRUST244,5520 00For
Principal224,6670 00For

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

9. Election of Nine Directors: Patrick S. Pacious

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-28.

Combines 4 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 111,115,577AGAINST: 509,427

VALVOLINE INC.’s own tally for this item (“Elect Director: Patrick S. Pacious”): 111,115,577 for, 509,427 against, per its Form 8-K filed 2025-01-30 (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 127,600,000 outstanding shares: 87% for, 0.4% against (87% of the company cast a for/against vote).

The 108 asset managers below cast 99.9% of the shares they voted on this item FOR (55,509,477 for, 1 against).

FOR 99.9%
FOR: 55,509,477 (100.0%)AGAINST: 1 (0.0%)ABSTAIN: 27,763 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Patrick S. Pacious” at VALVOLINE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard13,206,9630 00For
BlackRock7,052,1430 00For
WASATCH FUNDS TRUST5,392,2960 00For
Fidelity4,469,3380 00For
Invesco3,127,7280 00For
Columbia Threadneedle2,168,3000 00For
Hartford2,161,6590 00For
Dimensional2,014,8670 00For
FMI FUNDS INC1,640,0000 00For
Charles Schwab1,618,8060 00For
PROFESSIONALLY MANAGED PORTFOLIOS1,325,0000 00For
State Street1,061,5550 00For
TIAA1,005,5640 00For
Royce919,4130 00For
JANUS INVESTMENT FUND892,6460 00For
Neuberger Berman589,1140 00For
T. Rowe Price553,2470 00For
GLENMEDE FUND INC491,8060 00For
Nationwide451,1970 00For
Natixis397,3480 00For
SCHWARTZ INVESTMENT TRUST350,0000 00For
Jackson National331,2230 00For
Equitable299,1160 00For
TOUCHSTONE FUNDS GROUP TRUST244,5520 00For
Principal224,6670 00For

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

10. Election of Nine Directors: Richard J. Freeland

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-28.

Combines 4 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%
FOR: 110,663,288AGAINST: 998,652

VALVOLINE INC.’s own tally for this item (“Elect Director: Richard J. Freeland”): 110,663,288 for, 998,652 against, per its Form 8-K filed 2025-01-30 (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 127,600,000 outstanding shares: 87% for, 0.8% against (88% of the company cast a for/against vote).

The 108 asset managers below cast 99.8% of the shares they voted on this item FOR (55,414,629 for, 98,856 against).

FOR 99.7%
FOR: 55,414,629 (99.8%)AGAINST: 98,856 (0.2%)ABSTAIN: 23,756 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Richard J. Freeland” at VALVOLINE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard13,206,9630 00For
BlackRock7,052,1430 00For
WASATCH FUNDS TRUST5,392,2960 00For
Fidelity4,469,3380 00For
Invesco3,127,7280 00For
Columbia Threadneedle2,168,3000 00For
Hartford2,161,6590 00For
Dimensional2,014,8670 00For
FMI FUNDS INC1,640,0000 00For
Charles Schwab1,618,8060 00For
PROFESSIONALLY MANAGED PORTFOLIOS1,325,0000 00For
State Street1,061,5550 00For
TIAA1,005,5640 00For
Royce919,4130 00For
JANUS INVESTMENT FUND892,6460 00For
Neuberger Berman589,1140 00For
T. Rowe Price553,2470 00For
GLENMEDE FUND INC491,8060 00For
Nationwide451,1970 00For
Natixis397,3480 00For
SCHWARTZ INVESTMENT TRUST350,0000 00For
Jackson National331,2230 00For
Equitable299,1160 00For
TOUCHSTONE FUNDS GROUP TRUST244,5520 00For
Principal224,6670 00For

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

11. Election of Nine Directors: Vada O. Manager

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-28.

Combines 4 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%
FOR: 110,668,434AGAINST: 1,015,543

VALVOLINE INC.’s own tally for this item (“Elect Director: Vada O. Manager”): 110,668,434 for, 1,015,543 against, per its Form 8-K filed 2025-01-30 (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 127,600,000 outstanding shares: 87% for, 0.8% against (88% of the company cast a for/against vote).

The 108 asset managers below cast 99.9% of the shares they voted on this item FOR (55,483,037 for, 30,448 against).

FOR 99.9%
FOR: 55,483,037 (99.9%)AGAINST: 30,448 (0.1%)ABSTAIN: 23,756 (0.0%)
Largest asset managers voting on “Election of Nine Directors: Vada O. Manager” at VALVOLINE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard13,206,9630 00For
BlackRock7,052,1430 00For
WASATCH FUNDS TRUST5,392,2960 00For
Fidelity4,469,3380 00For
Invesco3,127,7280 00For
Columbia Threadneedle2,168,3000 00For
Hartford2,161,6590 00For
Dimensional2,014,8670 00For
FMI FUNDS INC1,640,0000 00For
Charles Schwab1,618,8060 00For
PROFESSIONALLY MANAGED PORTFOLIOS1,325,0000 00For
State Street1,061,5550 00For
TIAA1,005,5640 00For
Royce919,4130 00For
JANUS INVESTMENT FUND892,6460 00For
Neuberger Berman589,1140 00For
T. Rowe Price553,2470 00For
GLENMEDE FUND INC491,8060 00For
Nationwide451,1970 00For
Natixis397,3480 00For
SCHWARTZ INVESTMENT TRUST350,0000 00For
Jackson National331,2230 00For
Equitable299,1160 00For
TOUCHSTONE FUNDS GROUP TRUST244,5520 00For
Principal224,6670 00For

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

12. Advisory Vote to Ratify Named Executive Officers' Compensation

COMPENSATIONMajority of the votes cast: yes

Meeting held 2025-01-28.

92% Majority: yes · of votes cast

FOR 92%8%
FOR: 102,295,613AGAINST: 9,218,255

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:”): 102,295,613 for, 9,218,255 against, per its Form 8-K filed 2025-01-30 (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 127,600,000 outstanding shares: 80% for, 7% against (87% of the company cast a for/against vote).

The 11 asset managers below cast 96% of the shares they voted on this item FOR (3,177,137 for, 119,248 against).

FOR 96%
FOR: 3,177,137 (95.8%)AGAINST: 119,248 (3.6%)ABSTAIN: 20,207 (0.6%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at VALVOLINE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Close Asset Management Ltd2,679,4740 00For
JPMorgan309,3270 00For
APG Asset Management US Inc.0117,744 00Against
Empower73,6700 00For
GuideStone68,9560 00For
ADVISORY RESEARCH INC38,7000 00For
MANGROVE PARTNERS IM, LLC00 20,2070Abstain
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma6,3880 00For
Desjardins Global Asset Management Inc.01,504 00Against
BEACON INVESTMENT ADVISORY SERVICES, INC.5700 00For
Canopy Partners, LLC520 00For

13. Non-binding Advisory Resolution Approving our Executive Compensation

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

Meeting held 2024-01-25 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 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 127,600,000 outstanding shares: 86% for, 4% against (90% of the company cast a for/against vote).

The 3 asset managers below cast 27% of the shares they voted on this item FOR (182 for, 502 against).

FOR 27%AGAINST 73%
FOR: 182 (26.6%)AGAINST: 502 (73.4%)
Largest asset managers voting on “Non-binding Advisory Resolution Approving our Executive Compensation” at VALVOLINE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
COLDSTREAM CAPITAL MANAGEMENT INC0502 00Against
VAUGHAN DAVID INVESTMENTS LLC/IL1820 00For
Echo45 Advisors LLC00 00--

Largest VALVOLINE INC. shareholders voting in 2024-2025

Ranked by the number of VALVOLINE INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 127,600,000 shares outstanding at the time of that meeting.

Top VALVOLINE INC. shareholders by shares voted, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 10.59%
2Fidelity 9.88%
3BlackRock 8.49%
4WASATCH ADVISORS LP 5.97%
5Invesco 5.02%
6WASATCH FUNDS TRUST 4.23%
7State Street 3.81%
8Alua Capital Management LP 2.65%
9Charles Schwab 2.54%
10CONGRESS ASSET MANAGEMENT CO 2.22%

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 2024-2025 proxy season
Holder % outstanding Disclosure
The Vanguard Group 10.28% DEF14A
BlackRock, Inc. 9.61% DEF14A
Wasatch Advisors LP 6.38% 13G
Boston Partners 4.98% 13G
State Street 3.34% 13F
Invesco 2.67% 13F
Geode Capital 1.81% 13F
Morgan Stanley 1.28% 13F
Norges Bank 1.21% 13F
Mary E. Meixelsperger 0.16% DEF14A

Percentages above are of 127,600,000 shares outstanding, as reported by VALVOLINE INC. on its Form 10-Q dated 2024-12-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 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 2024-12-31. 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 2025-01-28, in the 2024-2025 proxy season, 468 asset managers reported how they voted in their SEC Form N-PX filings, covering 4,343 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 92% 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 2025-01-30.

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