# EDGAR Filing Document

**Accession Number:** 0001491998
**File Stem:** 0001140361-25-029723
**Filing Date:** 2025-8
**Character Count:** 21823
**Document Hash:** 222acd87247db58e55f164b1d7c7bd30
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-25-029723.hdr.sgml**: 20250808

**ACCESSION NUMBER**: 0001140361-25-029723

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250808

**EFFECTIVENESS DATE**: 20250808

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ninety One SA (PTY) Ltd
- **CENTRAL INDEX KEY:** 0001491998

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** T3
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16966
- **FILM NUMBER:** 251196070

**BUSINESS ADDRESS:**
- **STREET 1:** 36 HANS STRIJDOM AVENUE
- **CITY:** CAPE TOWN
- **STATE:** T3
- **ZIP:** 8001
- **BUSINESS PHONE:** 27 (0) 21 416 2000

**MAIL ADDRESS:**
- **STREET 1:** 36 HANS STRIJDOM AVENUE
- **CITY:** CAPE TOWN
- **STATE:** T3
- **ZIP:** 8001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Investec Asset Management (PTY) Ltd
- **DATE OF NAME CHANGE:** 20100513

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001491998

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** Ninety One SA (PTY) Ltd

**Address:** 36 Hans Strijdom Avenue, Cape Town, T3 8001

**Telephone number:** 27 21 901 1895

**Name of agent for service:** Adam Fletcher

**Agent Address:** 36 Hans Strijdom Avenue, Cape Town, T3 8001

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-16966

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** 2138002UF3SGWU6MR348

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                      | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                               | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| AECOM                               | 00766T100 | 02/28/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          55282 |                0 | For         |                                    55282 | FOR                         |  |
| Align Technology, Inc.              | 016255101 | 05/21/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           1583 |                0 | For         |                                     1583 | FOR                         |  |
| Amazon.com, Inc.                    | 023135106 | 05/21/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |         183106 |                0 | Against     |                                   183106 | AGAINST                     |  |
| American Tower Corporation          | 03027X100 | 05/14/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          18829 |                0 | For         |                                    18829 | FOR                         |  |
| Apple Inc.                          | 037833100 | 02/25/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          41087 |                0 | For         |                                    41087 | FOR                         |  |
| Autodesk, Inc.                      | 052769106 | 07/16/2024     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          10475 |                0 | For         |                                    10475 | FOR                         |  |
| Autodesk, Inc.                      | 052769106 | 06/18/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          32376 |                0 | For         |                                    32376 | FOR                         |  |
| Booking Holdings Inc.               | 09857L108 | 06/03/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           2311 |                0 | For         |                                     2311 | FOR                         |  |
| Broadcom Inc.                       | 11135F101 | 04/21/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          27880 |                0 | For         |                                    27880 | FOR                         |  |
| Cheniere Energy, Inc.               | 16411R208 | 05/15/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           2027 |                0 | For         |                                     2027 | FOR                         |  |
| Coinbase Global, Inc.               | 19260Q107 | 06/18/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          25488 |                0 | Against     |                                    25488 | AGAINST                     |  |
| Constellation Brands, Inc.          | 21036P108 | 07/17/2024     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          89746 |                0 | For         |                                    89746 | FOR                         |  |
| Danaher Corporation                 | 235851102 | 05/06/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           2795 |                0 | For         |                                     2795 | FOR                         |  |
| Delta Air Lines, Inc.               | 247361702 | 06/19/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          50710 |                0 | For         |                                    50710 | FOR                         |  |
| Dolby Laboratories, Inc.            | 25659T107 | 02/04/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          43004 |                0 | For         |                                    43004 | FOR                         |  |
| Dolby Laboratories, Inc.            | 25659T107 | 02/04/2025     | Advisory Vote on Say on Pay Frequency                          | SECTION 14A SAY-ON-PAY VOTES |          43004 |                0 | One Year    |                                    43004 | FOR                         |  |
| EPAM Systems, Inc.                  | 29414B104 | 05/22/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          11243 |                0 | For         |                                    11243 | FOR                         |  |
| Edwards Lifesciences Corporation    | 28176E108 | 05/08/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          66056 |                0 | For         |                                    66056 | FOR                         |  |
| Electronic Arts Inc.                | 285512109 | 08/01/2024     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          10356 |                0 | For         |                                    10356 | FOR                         |  |
| Elevance Health, Inc.               | 036752103 | 05/14/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           5150 |                0 | For         |                                     5150 | FOR                         |  |
| Eli Lilly and Company               | 532457108 | 05/05/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |            288 |                0 | For         |                                      288 | FOR                         |  |
| Exxon Mobil Corporation             | 30231G102 | 05/28/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           3695 |                0 | For         |                                     3695 | FOR                         |  |
| Fortune Brands Innovations, Inc.    | 34964C106 | 05/14/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           2708 |                0 | For         |                                     2708 | FOR                         |  |
| Freeport-McMoRan Inc.               | 35671D857 | 06/11/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           7096 |                0 | For         |                                     7096 | FOR                         |  |
| General Motors Company              | 37045V100 | 06/03/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          56137 |                0 | For         |                                    56137 | FOR                         |  |
| IDEXX Laboratories, Inc.            | 45168D104 | 05/07/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           6008 |                0 | For         |                                     6008 | FOR                         |  |
| Intercontinental Exchange, Inc.     | 45866F104 | 05/16/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           2978 |                0 | For         |                                     2978 | FOR                         |  |
| Intuit Inc.                         | 461202103 | 01/23/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           2972 |                0 | For         |                                     2972 | FOR                         |  |
| JPMorgan Chase  Co.                 | 46625H100 | 05/20/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          98775 |                0 | For         |                                    98775 | FOR                         |  |
| Jacobs Solutions, Inc.              | 46982L108 | 01/29/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          30540 |                0 | For         |                                    30540 | FOR                         |  |
| Johnson  Johnson                    | 478160104 | 04/24/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          63602 |                0 | For         |                                    63602 | FOR                         |  |
| KLA Corporation                     | 482480100 | 11/06/2024     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |            992 |                0 | For         |                                      992 | FOR                         |  |
| Light  Wonder, Inc.                 | 80874P109 | 06/10/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           2110 |                0 | For         |                                     2110 | FOR                         |  |
| Marsh  McLennan Companies, Inc.     | 571748102 | 05/15/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           2135 |                0 | For         |                                     2135 | FOR                         |  |
| Mastercard Incorporated             | 57636Q104 | 06/24/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          12858 |                0 | For         |                                    12858 | FOR                         |  |
| Meta Platforms, Inc.                | 30303M102 | 05/28/2025     | Advisory Vote on Say on Pay Frequency                          | SECTION 14A SAY-ON-PAY VOTES |          27359 |                0 | Three Years |                                    27359 | FOR                         |  |
| Meta Platforms, Inc.                | 30303M102 | 05/28/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          27359 |                0 | For         |                                    27359 | FOR                         |  |
| Microsoft Corporation               | 594918104 | 12/10/2024     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          78426 |                0 | For         |                                    78426 | FOR                         |  |
| Moody's Corporation                 | 615369105 | 04/15/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           4389 |                0 | For         |                                     4389 | FOR                         |  |
| NVIDIA Corporation                  | 67066G104 | 06/25/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          87859 |                0 | For         |                                    87859 | FOR                         |  |
| NextEra Energy, Inc.                | 65339F101 | 05/22/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           5312 |                0 | For         |                                     5312 | FOR                         |  |
| Okta, Inc.                          | 679295105 | 06/24/2025     | Advisory Vote on Say on Pay Frequency                          | SECTION 14A SAY-ON-PAY VOTES |          43630 |                0 | One Year    |                                    43630 | FOR                         |  |
| Okta, Inc.                          | 679295105 | 06/24/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          43630 |                0 | For         |                                    43630 | FOR                         |  |
| Philip Morris International Inc.    | 718172109 | 05/07/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          31374 |                0 | For         |                                    31374 | FOR                         |  |
| Pinterest, Inc.                     | 72352L106 | 05/22/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          69356 |                0 | For         |                                    69356 | FOR                         |  |
| Planet Fitness, Inc.                | 72703H101 | 05/06/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          36318 |                0 | For         |                                    36318 | FOR                         |  |
| Prologis, Inc.                      | 74340W103 | 05/08/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           2462 |                0 | For         |                                     2462 | FOR                         |  |
| Roblox Corporation                  | 771049103 | 05/29/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          38006 |                0 | For         |                                    38006 | FOR                         |  |
| Rockwell Automation, Inc.           | 773903109 | 02/04/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           2546 |                0 | For         |                                     2546 | FOR                         |  |
| S Global Inc.                       | 78409V104 | 05/07/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           3405 |                0 | For         |                                     3405 | FOR                         |  |
| Snowflake Inc.                      | 833445109 | 07/02/2024     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           6372 |                0 | For         |                                     6372 | FOR                         |  |
| Sysco Corporation                   | 871829107 | 11/15/2024     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |         112622 |                0 | For         |                                   112622 | FOR                         |  |
| TD SYNNEX Corporation               | 87162W100 | 04/02/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          37403 |                0 | For         |                                    37403 | FOR                         |  |
| Take-Two Interactive Software, Inc. | 874054109 | 09/18/2024     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          27564 |                0 | For         |                                    27564 | FOR                         |  |
| Tapestry, Inc.                      | 876030107 | 11/14/2024     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          62229 |                0 | For         |                                    62229 | FOR                         |  |
| The Estee Lauder Companies Inc.     | 518439104 | 11/08/2024     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          15490 |                0 | Against     |                                    15490 | AGAINST                     |  |
| The Procter  Gamble Company         | 742718109 | 10/08/2024     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           2540 |                0 | For         |                                     2540 | FOR                         |  |
| Thermo Fisher Scientific Inc.       | 883556102 | 05/21/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          11827 |                0 | For         |                                    11827 | FOR                         |  |
| TransUnion                          | 89400J107 | 05/07/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           4031 |                0 | For         |                                     4031 | FOR                         |  |
| UnitedHealth Group Incorporated     | 91324P102 | 06/02/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |            798 |                0 | For         |                                      798 | FOR                         |  |
| VeriSign, Inc.                      | 92343E102 | 05/22/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          10581 |                0 | For         |                                    10581 | FOR                         |  |
| Verisk Analytics, Inc.              | 92345Y106 | 05/20/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           6816 |                0 | For         |                                     6816 | FOR                         |  |
| Visa Inc.                           | 92826C839 | 01/28/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          36571 |                0 | For         |                                    36571 | FOR                         |  |
| Zoetis Inc.                         | 98978V103 | 05/21/2025     | Advisory Vote to Ratify Named Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           1855 |                0 | For         |                                     1855 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** Ninety One SA (PTY) Ltd

**By (Signature):** Adam Fletcher

**By (Printed Signature):** Adam Fletcher

**By (Title):** General Counsel

**Date:** 08/07/2025