# EDGAR Filing Document

**Accession Number:** 0001483866
**File Stem:** 0001172661-25-003874
**Filing Date:** 2025-8
**Character Count:** 11463
**Document Hash:** d9b77209c963ea33167056bb41d6db4a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-003874.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001172661-25-003874

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**EFFECTIVENESS DATE**: 20250828

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Independent Franchise Partners LLP
- **CENTRAL INDEX KEY:** 0001483866

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** X0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-13829
- **FILM NUMBER:** 251268119

**BUSINESS ADDRESS:**
- **STREET 1:** LEVEL 1
- **STREET 2:** 10 PORTMAN SQUARE
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** W1H6AZ
- **BUSINESS PHONE:** 442074959070

**MAIL ADDRESS:**
- **STREET 1:** LEVEL 1
- **STREET 2:** 10 PORTMAN SQUARE
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** W1H6AZ

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

## N-PX: Filer Information

**Filer CIK:** 0001483866

**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:** Independent Franchise Partners LLP

**Address:** LEVEL 1, LONDON, X0 W1H6AZ

**Telephone number:** 0044-207-495-9070

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-13829

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** 549300RRBZZDUBNEN666

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|:---|:---|:---|
| Aon Plc                          | G0403H108 | 06/27/2025     | Advisory vote to approve the compensation of the Company's named executive officers.                                                                                        | SECTION 14A SAY-ON-PAY VOTES |        1299075 |                0 | FOR         | 1299075                                  | FOR                         |  |
| Aspen Technology, Inc.           | 29109X106 | 12/17/2024     | Approve, on an advisory basis, the compensation of our named executive officers as identified in the Proxy Statement for the 2024 Annual Meeting of Stockholders.           | SECTION 14A SAY-ON-PAY VOTES |         260693 |                0 | FOR         | 260693                                   | FOR                         |  |
| Bristol-Myers Squibb Company     | 110122108 | 05/06/2025     | Advisory Vote to Approve the Compensation of our Named Executive Officers                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |       15949363 |                0 | FOR         | 15949363                                 | FOR                         |  |
| Corteva, Inc.                    | 22052L104 | 04/30/2025     | Advisory resolution to approve executive compensation of the Company's named executive officers.                                                                            | SECTION 14A SAY-ON-PAY VOTES |       15526144 |                0 | FOR         | 15526144                                 | FOR                         |  |
| eBay Inc.                        | 278642103 | 06/25/2025     | Advisory vote to approve named executive officer compensation.                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |        9051792 |                0 | FOR         | 9051792                                  | FOR                         |  |
| Electronic Arts Inc.             | 285512109 | 08/01/2024     | Advisory vote to approve named executive officer compensation.                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |        3420212 |                0 | FOR         | 3420212                                  | FOR                         |  |
| Fox Corporation                  | 35137L204 | 11/19/2024     | Advisory vote to approve named executive officer compensation.                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |        4391688 |                0 | FOR         | 4391688                                  | FOR                         |  |
| Intercontinental Exchange, Inc.  | 45866F104 | 05/16/2025     | To approve, by non-binding vote, the advisory resolution on executive compensation for named executive officers.                                                            | SECTION 14A SAY-ON-PAY VOTES |        5726307 |                0 | FOR         | 5726307                                  | FOR                         |  |
| Johnson  Johnson                 | 478160104 | 04/24/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |        4856505 |                0 | FOR         | 4856505                                  | FOR                         |  |
| Kenvue Inc.                      | 49177J102 | 05/22/2025     | Approve, on a non-binding advisory basis, the compensation of Kenvue Inc.'s named executive officers.                                                                       | SECTION 14A SAY-ON-PAY VOTES |        6295868 |                0 | FOR         | 6295868                                  | FOR                         |  |
| Live Nation Entertainment, Inc.  | 538034109 | 06/12/2025     | To hold an advisory vote on the company's executive compensation;                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |        5196834 |            25225 | FOR         | 5196834                                  | FOR                         |  |
| News Corporation                 | 65249B208 | 11/20/2024     | Advisory Vote to Approve Executive Compensation.                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |        7941893 |                0 | FOR         | 7941893                                  | FOR                         |  |
| News Corporation                 | 65249B208 | 11/20/2024     | Company's proposal to approve, on a non-binding advisory basis, executive compensation.                                                                                     | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 |  |  |  |  |
| Oracle Corporation               | 68389X105 | 11/14/2024     | Advisory Vote to Approve the Compensation of our Named Executive Officers                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |        3432914 |                0 | AGAINST     | 3432914                                  | AGAINST                     |  |
| Philip Morris International Inc. | 718172109 | 05/07/2025     | Advisory Vote Approving Executive Compensation                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |        4517941 |                0 | FOR         | 4517941                                  | FOR                         |  |
| RB Global, Inc.                  | 74935Q107 | 05/05/2025     | Approval, on an advisory basis, of a non-binding resolution on the compensation of the Company's named executive officers as described in the accompanying proxy statement. | SECTION 14A SAY-ON-PAY VOTES |        5309137 |                0 | FOR         | 5309137                                  | FOR                         |  |
| Solventum Corp.                  | 83444M101 | 04/30/2025     | Advisory vote to approve executive compensation                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |        3868535 |                0 | FOR         | 3868535                                  | FOR                         |  |
| Solventum Corp.                  | 83444M101 | 04/30/2025     | Advisory vote on frequency of advisory vote to approve executive compensation                                                                                               | SECTION 14A SAY-ON-PAY VOTES |        3868535 |                0 | 1-Year      | 3868535                                  | FOR                         |  |
| The Estee Lauder Companies Inc.  | 518439104 | 11/08/2024     | Advisory vote to approve executive compensation.                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |        4741025 |                0 | AGAINST     | 4741025                                  | AGAINST                     |  |
| TransUnion                       | 89400J107 | 05/07/2025     | To approve, on a non-binding advisory basis, the compensation of TransUnion's named executive officers.                                                                     | SECTION 14A SAY-ON-PAY VOTES |        1963253 |                0 | FOR         | 1963253                                  | FOR                         |  |
| Warner Bros. Discovery, Inc.     | 934423104 | 06/02/2025     | To vote on an advisory resolution to approve the 2024 compensation of Warner Bros. Discovery, Inc.'s named executive officers, commonly referred to as a "Say-on-Pay" vote. | SECTION 14A SAY-ON-PAY VOTES |        8772411 |                0 | AGAINST     | 8772411                                  | AGAINST                     |  |

## N-PX: Signature Block

**Reporting Person:** Independent Franchise Partners LLP

**By (Signature):** Sandeep Ghela

**By (Printed Signature):** Sandeep Ghela

**By (Title):** Chief Operating Officer and Partner

**Date:** 08/28/2025