# EDGAR Filing Document

**Accession Number:** 0001541448
**File Stem:** 0001172661-25-003776
**Filing Date:** 2025-8
**Character Count:** 21240
**Document Hash:** 7cf0ebc2ea29e8117fb16acc62288b31
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-003776.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001172661-25-003776

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**EFFECTIVENESS DATE**: 20250826

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Veritas Asset Management LLP
- **CENTRAL INDEX KEY:** 0001541448

**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:** 028-14794
- **FILM NUMBER:** 251254424

**BUSINESS ADDRESS:**
- **STREET 1:** 1 SMART'S PLACE
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** WC2B 5LW
- **BUSINESS PHONE:** 442037589930

**MAIL ADDRESS:**
- **STREET 1:** 1 SMART'S PLACE
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** WC2B 5LW

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Veritas Asset Management (UK) Ltd.
- **DATE OF NAME CHANGE:** 20120203

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

## N-PX: Filer Information

**Filer CIK:** 0001541448

**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:** Veritas Asset Management LLP

**Address:** 1 SMART'S PLACE, LONDON, X0 WC2B 5LW

**Telephone number:** 442037589961

**Name of agent for service:** Nicola Smith

**Agent Address:** 1 SMART'S PLACE, LONDON, X0 WC2B 5LW

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

**SEC File Number:** 028-14794

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| AMAZON.COM, INC.                           | 023135106 | 05/21/2025     | ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         568957 |                0 | AGAINST     |                                   568957 | AGAINST                     |  |
| AMAZON.COM, INC.                           | G01719114 | 05/21/2025     | ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         837508 |                0 | AGAINST     |                                   837508 | AGAINST                     |  |
| AMAZON.COM, INC.                           | Y1023R104 | 05/21/2025     | ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |        2328230 |                0 | AGAINST     |                                  2328230 | AGAINST                     |  |
| 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 |         278388 |                0 | FOR         |                                   278388 | FOR                         |  |
| AON PLC                                    | G42089113 | 06/27/2025     | ADVISORY VOTE TO APPROVE THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS.                                                                | SECTION 14A SAY-ON-PAY VOTES |        1097293 |                0 | FOR         |                                  1097293 | FOR                         |  |
| AUTOMATIC DATA PROCESSING, INC.            | E6282J125 | 11/06/2024     | ADVISORY VOTE ON EXECUTIVE COMPENSATION.                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          83730 |                0 | FOR         |                                    83730 | FOR                         |  |
| AUTOMATIC DATA PROCESSING, INC.            | G21146108 | 11/06/2024     | ADVISORY VOTE ON EXECUTIVE COMPENSATION.                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         853240 |                0 | FOR         |                                   853240 | FOR                         |  |
| BECTON, DICKINSON AND COMPANY              | Y3119P190 | 01/28/2025     | ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         412411 |                0 | FOR         |                                   412411 | FOR                         |  |
| BECTON, DICKINSON AND COMPANY              | Y4964H150 | 01/28/2025     | ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         983920 |                0 | FOR         |                                   983920 | FOR                         |  |
| BECTON, DICKINSON AND COMPANY              | Y88425148 | 01/28/2025     | ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.                                                                                      | SECTION 14A SAY-ON-PAY VOTES |          12618 |                0 | FOR         |                                    12618 | FOR                         |  |
| COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION | G42089113 | 06/03/2025     | APPROVAL, ON AN ADVISORY (NON-BINDING) BASIS, OF THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS (SAY-ON-PAY).                           | SECTION 14A SAY-ON-PAY VOTES |         115295 |                0 | FOR         |                                   115295 | FOR                         |  |
| COUPANG, INC.                              | G42089113 | 06/12/2025     | TO CONSIDER A NON-BINDING VOTE TO APPROVE THE COMPENSATION OF COUPANG, INC.'S NAMED EXECUTIVE OFFICERS.                                             | SECTION 14A SAY-ON-PAY VOTES |         911996 |                0 | FOR         |                                   911996 | FOR                         |  |
| ELEVANCE HEALTH, INC.                      | Q38992105 | 05/14/2025     | ADVISORY VOTE TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.                                                                          | SECTION 14A SAY-ON-PAY VOTES |          91006 |                0 | FOR         |                                    91006 | FOR                         |  |
| ELEVANCE HEALTH, INC.                      | Y0187F138 | 05/14/2025     | ADVISORY VOTE TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.                                                                          | SECTION 14A SAY-ON-PAY VOTES |         461206 |                0 | FOR         |                                   461206 | FOR                         |  |
| ELEVANCE HEALTH, INC.                      | Y72596102 | 05/14/2025     | ADVISORY VOTE TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.                                                                          | SECTION 14A SAY-ON-PAY VOTES |         118654 |                0 | FOR         |                                   118654 | 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 |         469191 |                0 | FOR         |                                   469191 | FOR                         |  |
| INTERCONTINENTAL EXCHANGE, INC.            | Y0187F138 | 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 |         248141 |                0 | FOR         |                                   248141 | FOR                         |  |
| INTERCONTINENTAL EXCHANGE, INC.            | Y03638114 | 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 |          59655 |                0 | FOR         |                                    59655 | FOR                         |  |
| INTERCONTINENTAL EXCHANGE, INC.            | Y1023R104 | 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 |         231869 |                0 | FOR         |                                   231869 | FOR                         |  |
| INTERCONTINENTAL EXCHANGE, INC.            | Y5070V116 | 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 |          86881 |                0 | FOR         |                                    86881 | FOR                         |  |
| INTERCONTINENTAL EXCHANGE, INC.            | Y7S88X100 | 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 |        1117989 |                0 | FOR         |                                  1117989 | FOR                         |  |
| INTERCONTINENTAL EXCHANGE, INC.            | Y9899X105 | 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 |         159452 |                0 | FOR         |                                   159452 | FOR                         |  |
| LIGHT  WONDER, INC.                        | G42089113 | 06/11/2025     | TO APPROVE, ON AN ADVISORY BASIS, THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS.                                                       | SECTION 14A SAY-ON-PAY VOTES |         180413 |                0 | FOR         |                                   180413 | FOR                         |  |
| MASTERCARD INCORPORATED                    | 57636Q104 | 06/24/2025     | ADVISORY APPROVAL OF MASTERCARD'S EXECUTIVE COMPENSATION                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         119832 |                0 | FOR         |                                   119832 | FOR                         |  |
| MASTERCARD INCORPORATED                    | G42089113 | 06/24/2025     | ADVISORY APPROVAL OF MASTERCARD'S EXECUTIVE COMPENSATION                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         439278 |                0 | FOR         |                                   439278 | FOR                         |  |
| MEDTRONIC PLC                              | G21146108 | 10/17/2024     | APPROVING, ON AN ADVISORY BASIS, THE COMPANY'S EXECUTIVE COMPENSATION;                                                                              | SECTION 14A SAY-ON-PAY VOTES |         181007 |                0 | FOR         |                                   181007 | FOR                         |  |
| MICROSOFT CORPORATION                      | 594918104 | 12/10/2024     | ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION ("SAY-ON-PAY VOTE")                                                                   | SECTION 14A SAY-ON-PAY VOTES |         238915 |                0 | FOR         |                                   238915 | FOR                         |  |
| MICROSOFT CORPORATION                      | E6282J125 | 12/10/2024     | ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION ("SAY-ON-PAY VOTE")                                                                   | SECTION 14A SAY-ON-PAY VOTES |         596084 |                0 | FOR         |                                   596084 | FOR                         |  |
| MICROSOFT CORPORATION                      | G6S66N407 | 12/10/2024     | ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION ("SAY-ON-PAY VOTE")                                                                   | SECTION 14A SAY-ON-PAY VOTES |          65988 |                0 | FOR         |                                    65988 | FOR                         |  |
| MICROSOFT CORPORATION                      | Y6S61H108 | 12/10/2024     | ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION ("SAY-ON-PAY VOTE")                                                                   | SECTION 14A SAY-ON-PAY VOTES |         398439 |                0 | FOR         |                                   398439 | FOR                         |  |
| MICROSOFT CORPORATION                      | Y774E3101 | 12/10/2024     | ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION ("SAY-ON-PAY VOTE")                                                                   | SECTION 14A SAY-ON-PAY VOTES |         170819 |                0 | FOR         |                                   170819 | FOR                         |  |
| MICROSOFT CORPORATION                      | Y88425148 | 12/10/2024     | ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION ("SAY-ON-PAY VOTE")                                                                   | SECTION 14A SAY-ON-PAY VOTES |         146991 |                0 | FOR         |                                   146991 | FOR                         |  |
| MSC INDUSTRIAL DIRECT CO., INC.            | Y88425148 | 01/22/2025     | ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION TO APPROVE, ON AN ADVISORY BASIS, THE COMPENSATION OF MSC'S NAMED EXECUTIVE OFFICERS. | SECTION 14A SAY-ON-PAY VOTES |         116681 |                0 | AGAINST     |                                   116681 | AGAINST                     |  |
| PHILIP MORRIS INTERNATIONAL INC.           | Y72596102 | 05/07/2025     | ADVISORY VOTE APPROVING EXECUTIVE COMPENSATION                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |          86784 |                0 | FOR         |                                    86784 | FOR                         |  |
| SALESFORCE, INC.                           | 79466L302 | 06/05/2025     | APPROVAL, ON AN ADVISORY BASIS, OF THE FISCAL 2025 COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.                                                    | SECTION 14A SAY-ON-PAY VOTES |         308675 |                0 | FOR         |                                   308675 | FOR                         |  |
| SALESFORCE, INC.                           | G42089113 | 06/05/2025     | APPROVAL, ON AN ADVISORY BASIS, OF THE FISCAL 2025 COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.                                                    | SECTION 14A SAY-ON-PAY VOTES |        1310015 |                0 | FOR         |                                  1310015 | FOR                         |  |
| THE CHARLES SCHWAB CORPORATION             | G42089113 | 05/22/2025     | ADVISORY APPROVAL OF NAMED EXECUTIVE OFFICER COMPENSATION                                                                                           | SECTION 14A SAY-ON-PAY VOTES |        1577005 |                0 | FOR         |                                  1577005 | FOR                         |  |
| THE COOPER COMPANIES, INC.                 | 216648501 | 04/02/2025     | APPROVE, ON A NON-BINDING, ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.                                                        | SECTION 14A SAY-ON-PAY VOTES |         635311 |                0 | FOR         |                                   635311 | FOR                         |  |
| THE COOPER COMPANIES, INC.                 | Y4964H150 | 04/02/2025     | APPROVE, ON A NON-BINDING, ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.                                                        | SECTION 14A SAY-ON-PAY VOTES |          19239 |                0 | FOR         |                                    19239 | FOR                         |  |
| THE COOPER COMPANIES, INC.                 | Y6S99Q112 | 04/02/2025     | APPROVE, ON A NON-BINDING, ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.                                                        | SECTION 14A SAY-ON-PAY VOTES |         397006 |                0 | FOR         |                                   397006 | FOR                         |  |
| THE COOPER COMPANIES, INC.                 | Y72596102 | 04/02/2025     | APPROVE, ON A NON-BINDING, ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.                                                        | SECTION 14A SAY-ON-PAY VOTES |        2040411 |                0 | FOR         |                                  2040411 | FOR                         |  |
| THERMO FISHER SCIENTIFIC INC.              | 883556102 | 05/21/2025     | AN ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         192763 |                0 | AGAINST     |                                   192763 | AGAINST                     |  |
| THERMO FISHER SCIENTIFIC INC.              | G01719114 | 05/21/2025     | AN ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         234774 |                0 | AGAINST     |                                   234774 | AGAINST                     |  |
| THERMO FISHER SCIENTIFIC INC.              | G42089113 | 05/21/2025     | AN ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         589298 |                0 | AGAINST     |                                   589298 | AGAINST                     |  |
| UNITEDHEALTH GROUP INCORPORATED            | 91324P102 | 06/02/2025     | ADVISORY APPROVAL OF THE COMPANY'S EXECUTIVE COMPENSATION.                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         240236 |                0 | FOR         |                                   240236 | FOR                         |  |
| UNITEDHEALTH GROUP INCORPORATED            | G42089113 | 06/02/2025     | ADVISORY APPROVAL OF THE COMPANY'S EXECUTIVE COMPENSATION.                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         948847 |                0 | FOR         |                                   948847 | FOR                         |  |
| ZOETIS INC.                                | G42089113 | 05/21/2025     | ADVISORY VOTE TO APPROVE OUR EXECUTIVE COMPENSATION.                                                                                                | SECTION 14A SAY-ON-PAY VOTES |        1291761 |                0 | FOR         |                                  1291761 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** Veritas Asset Management LLP

**By (Signature):** Nicola Smith

**By (Printed Signature):** Nicola Smith

**By (Title):** PARTNER

**Date:** 08/26/2025