# EDGAR Filing Document

**Accession Number:** 0001476329
**File Stem:** 0000945621-25-000793
**Filing Date:** 2025-8
**Character Count:** 23204
**Document Hash:** 34750e20d3f5cc53ef6e2a1e98c8aacf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000945621-25-000793.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0000945621-25-000793

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250822

**EFFECTIVENESS DATE**: 20250822

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nexus Investment Management ULC
- **CENTRAL INDEX KEY:** 0001476329

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A6
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-13610
- **FILM NUMBER:** 251244808

**BUSINESS ADDRESS:**
- **STREET 1:** 111 RICHMOND STREET WEST
- **STREET 2:** SUITE 801
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5H 2G4
- **BUSINESS PHONE:** 416-360-7830

**MAIL ADDRESS:**
- **STREET 1:** 111 RICHMOND STREET WEST
- **STREET 2:** SUITE 801
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5H 2G4

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Nexus Investment Management Inc.
- **DATE OF NAME CHANGE:** 20091106

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

## N-PX: Filer Information

**Filer CIK:** 0001476329

**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:** Nexus Investment Management ULC

**Address:** 111 RICHMOND STREET WEST, TORONTO, A6 M5H 2G4

**Telephone number:** 647-259-9314

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-13610

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| AT Inc.                              | 00206R102 | 05/01/2015     | Advisory Approval of Executive Compensation                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          19210 |                0 | For         |                                    19210 | FOR                         |  |
| AbbVie Inc.                          | 00287Y109 | 05/01/2009     | Say on Pay - An advisory vote on the approval of executive compensation                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |           3456 |                0 | For         |                                     3456 | FOR                         |  |
| American Electric Power Company Inc. | 025537101 | 04/01/2029     | Advisory approval of the Company's executive compensation                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         394407 |                0 | For         |                                   394407 | FOR                         |  |
| Bank Of America Corp                 | 060505104 | 04/01/2022     | Approving our executive compensation (an advisory, non-binding "Say on Pay"resolution)                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |           5350 |                0 | For         |                                     5350 | FOR                         |  |
| Biogen Inc.                          | 09062X103 | 06/01/2017     | Say on Pay - To hold an advisory vote on executive compensation.                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |            920 |                0 | For         |                                      920 | FOR                         |  |
| Bristol-Myers Squibb Company         | 110122108 | 05/01/2006     | Advisory Vote to Approve the Compensation of our Named Executive Offi cers                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |            953 |                0 | For         |                                      953 | FOR                         |  |
| CSX Corporation                      | 126408103 | 05/01/2007     | Advisory (non-binding) resolution to approve compensation for the Company'snamed executive offi cers.                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |          15840 |                0 | For         |                                    15840 | FOR                         |  |
| CarMax Inc.                          | 143130102 | 06/01/2024     | To approve, in an advisory (non-binding) vote, the compensation of our namedexecutive offi cers.                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         377645 |                0 | For         |                                   377645 | FOR                         |  |
| Chevron Corporation                  | 166764100 | 05/01/2028     | Advisory Vote to Approve Named Executive Offi cer Compensation                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |           7576 |                0 | For         |                                     7576 | FOR                         |  |
| Cisco Systems Inc.                   | 17275R102 | 12/01/2009     | Approval, on an advisory basis, of executi ve compensati on.                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         649557 |                0 | For         |                                   649557 | FOR                         |  |
| Citigroup Inc.                       | 172967424 | 04/01/2029     | Advisory vote to approve our 2024 Executive Compensation.                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         497973 |                0 | For         |                                   497973 | FOR                         |  |
| Colgate - Palmolive Company          | 194162103 | 05/01/2009     | Advisory vote on executive compensation.                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |            966 |                0 | For         |                                      966 | FOR                         |  |
| Corning Inc.                         | 219350105 | 05/01/2001     | Advisory approval of our executive compensation (Say on Pay).                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          94000 |                0 | For         |                                    94000 | FOR                         |  |
| Costco Wholesale Corporation         | 22160K105 | 01/01/2023     | Approval, on an advisory basis, of executi ve compensati on.                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |            175 |                0 | For         |                                      175 | FOR                         |  |
| Danaher Corporation                  | 235851102 | 05/01/2006     | To approve on an advisory basis the Company's named executive offi cercompensation                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |           7755 |                0 | For         |                                     7755 | FOR                         |  |
| Dollar General Corporation           | 256677105 | 05/01/2029     | To approve, on an advisory (non-binding) basis, the resolution regarding thecompensation of Dollar General Corporation's named executive offi cers asdisclosed in the proxy statement.                                        | SECTION 14A SAY-ON-PAY VOTES |         285644 |                0 | For         |                                   285644 | FOR                         |  |
| EOG Resources Inc.                   | 26875P101 | 05/01/2021     | To approve, by non-binding vote, the compensation of the Company's namedexecutive offi cers.                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         207658 |                0 | For         |                                   207658 | FOR                         |  |
| Edison International                 | 281020107 | 04/01/2024     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |           3719 |                0 | For         |                                     3719 | FOR                         |  |
| Eli Lilly And Company                | 532457108 | 05/01/2005     | Approval, on an advisory basis, of the compensation paid to the company's namedexecutive offi cers.                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |            809 |                0 | For         |                                      809 | FOR                         |  |
| Exelon Corp                          | 30161N101 | 04/01/2029     | Advisory vote to approve the compensation paid to Exelon's named executiveoffi cers.                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          11415 |                0 | For         |                                    11415 | FOR                         |  |
| Exxonmobil Corporation               | 30231G102 | 05/01/2028     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |           5705 |                0 | For         |                                     5705 | FOR                         |  |
| FirstService Corporation             | 33767E202 | 04/01/2002     | An advisory resolution on the Corporation's approach to executive compensationas set out in the accompanying Management Information Circular.                                                                                 | SECTION 14A SAY-ON-PAY VOTES |           2000 |                0 | For         |                                     2000 | FOR                         |  |
| Gilead Sciences Inc.                 | 375558103 | 05/01/2007     | To approve, on an advisory basis, the compensation of our Named ExecutiveOffi cers as presented in the Proxy Statement.                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         237804 |                0 | For         |                                   237804 | FOR                         |  |
| Honeywell International Inc.         | 438516106 | 05/20/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |          30430 |                0 | For         |                                    30430 | FOR                         |  |
| JPMorgan Chase  Co.                  | 46625H100 | 05/19/2025     | Advisory resolution to approve executive compensation                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         197419 |                0 | For         |                                   197419 | FOR                         |  |
| Johnson  Johnson                     | 478160104 | 04/24/2025     | Advisory Vote to Approve Named Executive Offi cer Compensation                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |           9331 |                0 | For         |                                     9331 | FOR                         |  |
| Kimberly-Clark Corporation           | 494368103 | 05/01/2025     | Advisory Vote to Approve Named Executive Offi cer Compensation                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |           2584 |                0 | For         |                                     2584 | FOR                         |  |
| Mastercard Inc.                      | 57636Q104 | 06/24/2025     | Advisory approval of Mastercard's executive compensation                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |            195 |                0 | For         |                                      195 | FOR                         |  |
| Merck  Co Inc.                       | 58933Y105 | 05/27/2025     | Non-binding advisory vote to approve the compensation of our named executiveoffi cers.                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |           3735 |                0 | For         |                                     3735 | FOR                         |  |
| Meta Platforms Inc.                  | 30303M102 | 05/28/2025     | To approve, on a non-binding advisory basis, the compensation program for MetaPlatforms, Inc.'s named executive offi cers as disclosed in Meta Platforms, Inc.'sproxy statement.                                              | SECTION 14A SAY-ON-PAY VOTES |          79644 |                0 | For         |                                    79644 | FOR                         |  |
| Meta Platforms Inc.                  | 30303M102 | 05/28/2025     | To vote, on a non-binding advisory basis, whether a non-binding advisory vote onthe compensation program for Meta Platforms, Inc.'s named executive offi cersshould be held every one, two or three years.                    | SECTION 14A SAY-ON-PAY VOTES |          79644 |                0 | 3 Years     |                                    79644 | NONE                        |  |
| Microsoft Corporation                | 594918104 | 12/10/2024     | Advisory Vote to Approve Named Executi ve Offi cer Compensati on ("say-on-payvote").                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          77120 |                0 | For         |                                    77120 | FOR                         |  |
| Newmont Corporation                  | 651639106 | 04/30/2025     | Approval of the advisory resolution on Newmont's executive compensation.                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |            650 |                0 | For         |                                      650 | FOR                         |  |
| Open Text Corporation                | 683715106 | 09/12/2024     | The non-binding Say-on-Pay Resoluti on, the full text of which is included in theCircular, with or without variati on, on the Company's approach to executi vecompensati on, as more parti cularly described in the Circular. | SECTION 14A SAY-ON-PAY VOTES |          17890 |                0 | For         |                                    17890 | FOR                         |  |
| Oracle Corporation                   | 68389X105 | 11/14/2024     | Advisory Vote to Approve the Compensati on of our Named Executi ve Offi cers.                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |            400 |                0 | For         |                                      400 | FOR                         |  |
| PRA Group Inc.                       | 69354N106 | 06/17/2025     | Approval, on a non-binding advisory basis, of the compensation of the Company'snamed executive offi cers.                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |           6450 |                0 | For         |                                     6450 | FOR                         |  |
| Pfizer Inc.                          | 717081103 | 04/01/2024     | 2025 advisory approval of executive conpensation                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         875047 |                0 | For         |                                   875047 | FOR                         |  |
| Ross Stores Inc.                     | 778296103 | 05/01/2021     | Advisory vote to approve the resolution on the compensation of the named execurive officers                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         248920 |                0 | For         |                                   248920 | FOR                         |  |
| T Rowe Price Group                   | 74144T108 | 05/01/2008     | Approve, by a non-binding advisory vote, the compensation paid by the Company to it's Named Executive Officers                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |           3740 |                0 | For         |                                     3740 | FOR                         |  |
| United Parcel Service Inc.           | 911312106 | 05/01/2008     | To approve on an advisory basis named executive officer compensation                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         217331 |                0 | For         |                                   217331 | FOR                         |  |
| Verizon Communications               | 92343V104 | 05/01/2022     | Advisory vote to approve executive compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |          15610 |                0 | For         |                                    15610 | FOR                         |  |
| Viatris Inc.                         | 92556V106 | 12/06/2024     | Approval of, on a non-binding advisory basis, the 2023 compensation of the named executive officrs of the Company                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |            409 |                0 | For         |                                      409 | FOR                         |  |
| Visa Inc.                            | 92826C839 | 01/01/2028     | To approve, on an advisory basis, the compensation paid to our named executive officers                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          58376 |                0 | For         |                                    58376 | FOR                         |  |
| Walmart Inc.                         | 931142103 | 06/01/2005     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |           1185 |                0 | For         |                                     1185 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** Nexus Investment Management ULC

**By (Signature):** Terence Tse

**By (Printed Signature):** Terence Tse

**By (Title):** Vice President

**Date:** 08/22/2025