# EDGAR Filing Document

**Accession Number:** 0001697233
**File Stem:** 0001062993-25-014804
**Filing Date:** 2025-8
**Character Count:** 42335
**Document Hash:** cddbadddcdb8cc68c098cb6f39d1c022
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-25-014804.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001062993-25-014804

**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:** GQG Partners LLC
- **CENTRAL INDEX KEY:** 0001697233

**ORGANIZATION NAME:**
- **EIN:** 812109181
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17876
- **FILM NUMBER:** 251246557

**BUSINESS ADDRESS:**
- **STREET 1:** 350 EAST LAS OLAS BOULEVARD, 18TH FLOOR
- **CITY:** FT. LAUDERDALE
- **STATE:** FL
- **ZIP:** 33301
- **BUSINESS PHONE:** 754-218-5502

**MAIL ADDRESS:**
- **STREET 1:** 350 EAST LAS OLAS BOULEVARD, 18TH FLOOR
- **CITY:** FT. LAUDERDALE
- **STATE:** FL
- **ZIP:** 33301

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

## N-PX: Filer Information

**Filer CIK:** 0001697233

**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:** GQG Partners LLC

**Address:** 350 EAST LAS OLAS BOULEVARD, 18TH FLOOR, Ft. Lauderdale, FL 33301

**Telephone number:** 646-585-7025

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-17876

**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 | 05/15/2025     | Advisory Approval of Executive Compensation                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |      8.33049e+07 |                0 | FOR         |                              8.33049e+07 | FOR                         |  |
| AbbVie Inc.                                 | 00287Y109 | 05/09/2025     | Say on Pay - An advisory vote on the approval of executive compensation                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |      9           |                0 | FOR         |                              9           | FOR                         |  |
| Advanced Micro Devices, Inc.                | 007903107 | 05/14/2025     | Approve on a non-binding, advisory basis the compensation of the named executive officers, as disclosed in this proxy statement pursuant to the compensation disclosure rules of the U.S. Securities and Exchange Commission. | SECTION 14A SAY-ON-PAY VOTES |     41           |                0 | FOR         |                             41           | FOR                         |  |
| Altria Group, Inc.                          | 02209S103 | 05/15/2025     | Non-Binding Advisory Vote to Approve the Compensation of Altria's Named Executive Officers                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |      1.04776e+07 |           171506 | FOR         |                              1.04776e+07 | FOR                         |  |
| Amazon.com, Inc.                            | 023135106 | 05/21/2025     | ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      3.85856e+06 |                0 | FOR         |                              3.85856e+06 | FOR                         |  |
| American Electric Power Company, Inc.       | 025537101 | 04/29/2025     | Advisory vote to approve AEP's named executive officer compensation.                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |      8.3414e+06  |                0 | FOR         |                              8.3414e+06  | FOR                         |  |
| American International Group, Inc.          | 026874784 | 05/14/2025     | Advisory Vote on the Frequency of Future Executive Compensation Votes.                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |      8.53469e+06 |            14580 | ONE YEAR    |                              8.53469e+06 | FOR                         |  |
| American International Group, Inc.          | 026874784 | 05/14/2025     | Advisory Vote to Approve Named Executive Officer Compensation.                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |      8.53469e+06 |            14580 | AGAINST     |                              8.53469e+06 | AGAINST                     |  |
| Apple Inc.                                  | 037833100 | 02/25/2025     | Advisory vote to approve executive compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |   1391.13        |                0 | FOR         |                           1391.13        | FOR                         |  |
| Applied Materials, Inc.                     | 038222105 | 03/06/2025     | Approval, on an advisory basis, of the compensation of Applied Materials' named executive officers for fiscal year 2024.                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |     62.242       |                0 | FOR         |                             62.242       | FOR                         |  |
| Automatic Data Processing, Inc.             | 053015103 | 11/06/2024     | Advisory Vote on Executive Compensation.                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |   5978           |                0 | FOR         |                           5978           | FOR                         |  |
| Axon Enterprise, Inc.                       | 05464C101 | 05/29/2025     | Proposal No. 2 requests that shareholders vote to approve, on an advisory basis, the compensation of the Company's named executive officers.                                                                                  | SECTION 14A SAY-ON-PAY VOTES |    185           |                0 | FOR         |                            185           | 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 |      6.06317e+06 |                0 | FOR         |                              6.06317e+06 | FOR                         |  |
| Broadcom Inc.                               | 11135F101 | 04/21/2025     | Advisory vote to approve the named executive officer compensation.                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |      2.60446e+06 |                0 | FOR         |                              2.60446e+06 | FOR                         |  |
| CME Group Inc.                              | 12572Q105 | 05/08/2025     | Advisory vote on the compensation of our named executive officers.                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |  35302.3         |                0 | FOR         |                          35302.3         | FOR                         |  |
| CMS Energy Corporation                      | 125896100 | 05/02/2025     | Approve, on an advisory basis, the Company's executive compensation.                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |  74150.3         |                0 | FOR         |                          74150.3         | FOR                         |  |
| Carnival Corporation                        | 143658300 | 04/16/2025     | To hold a (non-binding) advisory vote to approve executive compensation.                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |      6.6983e+06  |                0 | FOR         |                              6.6983e+06  | FOR                         |  |
| Cboe Global Markets, Inc.                   | 12503M108 | 05/06/2025     | Approve, in a non-binding resolution, the compensation paid to our executive officers.                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |     21.724       |                0 | FOR         |                             21.724       | FOR                         |  |
| Chevron Corporation                         | 166764100 | 05/28/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |      6.55964e+06 |                0 | FOR         |                              6.55964e+06 | FOR                         |  |
| Chubb Limited                               | H1467J104 | 05/15/2025     | Advisory vote to approve executive compensation under U.S. securities law requirements                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |      7.55209e+06 |                0 | FOR         |                              7.55209e+06 | FOR                         |  |
| Citigroup Inc.                              | 172967424 | 04/29/2025     | Advisory vote to approve our 2024 Executive Compensation.                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |  86193           |                0 | FOR         |                          86193           | FOR                         |  |
| Colgate-Palmolive Company                   | 194162103 | 05/09/2025     | Advisory vote on executive compensation.                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |  45682           |                0 | FOR         |                          45682           | FOR                         |  |
| Constellation Energy Corporation            | 21037T109 | 04/29/2025     | To consider and act on an advisory vote regarding the approval of compensation paid to named executive officers                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      2.702       |                0 | FOR         |                              2.702       | FOR                         |  |
| D.R. Horton, Inc.                           | 23331A109 | 01/16/2025     | Approval of the advisory resolution on executive compensation.                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |    105.873       |                0 | FOR         |                            105.873       | FOR                         |  |
| Duke Energy Corporation                     | 26441C204 | 05/01/2025     | Advisory vote to approve Duke Energy's named executive officer compensation                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |  56254.4         |                0 | FOR         |                          56254.4         | FOR                         |  |
| Eli Lilly and Company                       | 532457108 | 05/05/2025     | Approval, on an advisory basis, of the compensation paid to the company's named executive officers.                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |      2.48223e+06 |                0 | FOR         |                              2.48223e+06 | FOR                         |  |
| Exxon Mobil Corporation                     | 30231G102 | 05/28/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      8.11672e+06 |                0 | FOR         |                              8.11672e+06 | FOR                         |  |
| Fiserv, Inc.                                | 337738108 | 05/14/2025     | To approve, on an advisory basis, the compensation of the named executive officers of Fiserv, Inc.                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 867237           |                0 | FOR         |                         867237           | FOR                         |  |
| GE Aerospace                                | 369604301 | 05/06/2025     | Advisory Approval of Our Named Executives' Compensation                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |      6.77698e+06 |            63939 | FOR         |                              6.77698e+06 | FOR                         |  |
| General Motors Company                      | 37045V100 | 06/03/2025     | Advisory Approval of Named Executive Officer Compensation                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |    244.36        |                0 | FOR         |                            244.36        | FOR                         |  |
| Interactive Brokers Group, Inc.             | 45841N107 | 04/17/2025     | To approve, by non-binding vote, executive compensation.                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |      2.65435e+06 |                4 | FOR         |                              2.65435e+06 | 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 |    408.422       |                0 | FOR         |                            408.422       | FOR                         |  |
| International Business Machines Corporation | 459200101 | 04/29/2025     | Advisory Vote on Executive Compensation                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |  45803           |                0 | FOR         |                          45803           | FOR                         |  |
| Intuit Inc.                                 | 461202103 | 01/23/2025     | Advisory vote to approve Intuit's executive compensation (say-on-pay)                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |     51.41        |                0 | FOR         |                             51.41        | FOR                         |  |
| Intuitive Surgical, Inc.                    | 46120E602 | 05/01/2025     | To approve, by advisory vote, the compensation of the Company's Named Executive Officers.                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |      1.46619e+06 |                0 | FOR         |                              1.46619e+06 | FOR                         |  |
| JPMorgan Chase  Co.                         | 46625H100 | 05/20/2025     | Advisory resolution to approve executive compensation                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |    468.484       |                0 | FOR         |                            468.484       | FOR                         |  |
| Johnson  Johnson                            | 478160104 | 04/24/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |   1631.65        |                0 | FOR         |                           1631.65        | FOR                         |  |
| KLA Corporation                             | 482480100 | 11/06/2024     | To approve on a non-binding, advisory basis our named executive officer compensation.                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |    386           |                0 | FOR         |                            386           | FOR                         |  |
| Keurig Dr Pepper Inc.                       | 49271V100 | 06/18/2025     | To approve, on an advisory basis, Keurig Dr Pepper Inc.'s executive compensation.                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |    374           |                0 | FOR         |                            374           | FOR                         |  |
| Lam Research Corporation                    | 512807306 | 11/05/2024     | Advisory vote to approve the compensation of the named executive officers of Lam Research, or "Say on Pay."                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |     56           |                0 | FOR         |                             56           | FOR                         |  |
| Martin Marietta Materials, Inc.             | 573284106 | 05/15/2025     | Approval, by a non-binding advisory vote, of the compensation of Martin Marietta Materials, Inc.'s named executive officers.                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |     11.673       |                0 | FOR         |                             11.673       | FOR                         |  |
| Mastercard Incorporated                     | 57636Q104 | 06/24/2025     | Advisory approval of Mastercard's executive compensation                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |  20587           |                0 | FOR         |                          20587           | FOR                         |  |
| McDonald's Corporation                      | 580135101 | 05/20/2025     | Advisory Vote to Approve Executive Compensation.                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |     27           |                0 | FOR         |                             27           | FOR                         |  |
| MercadoLibre, Inc.                          | 58733R102 | 06/17/2025     | To approve, on an advisory basis, the compensation of our named executive officers for fiscal year 2024.                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES | 274730           |                0 | FOR         |                         274730           | FOR                         |  |
| Merck  Co., Inc.                            | 58933Y105 | 05/27/2025     | Non-binding advisory vote to approve the compensation of our named executive officers.                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |  72262.6         |                0 | FOR         |                          72262.6         | FOR                         |  |
| Meta Platforms, Inc.                        | 30303M102 | 05/28/2025     | To approve, on a non-binding advisory basis, the compensation program for Meta Platforms, Inc.'s named executive officers as disclosed in Meta Platforms, Inc.'s proxy statement.                                             | SECTION 14A SAY-ON-PAY VOTES |      1.68887e+06 |                0 | FOR         |                              1.68887e+06 | FOR                         |  |
| Meta Platforms, Inc.                        | 30303M102 | 05/28/2025     | To vote, on a non-binding advisory basis, whether a non-binding advisory vote on the compensation program for Meta Platforms, Inc.'s named executive officers should be held every one, two or three years.                   | SECTION 14A SAY-ON-PAY VOTES |      1.68887e+06 |                0 | ONE YEAR    |                              1.68887e+06 | AGAINST                     |  |
| Microsoft Corporation                       | 594918104 | 12/10/2024     | Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote")                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |      3.14092e+06 |                0 | FOR         |                              3.14092e+06 | FOR                         |  |
| NVIDIA Corporation                          | 67066G104 | 06/25/2025     | Advisory approval of our executive compensation.                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |  12844.9         |                0 | FOR         |                          12844.9         | FOR                         |  |
| Nasdaq, Inc.                                | 631103108 | 06/11/2025     | Advisory vote to approve the Company's executive compensation as presented in the Proxy Statement                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 660595           |                0 | FOR         |                         660595           | FOR                         |  |
| Netflix, Inc.                               | 64110L106 | 06/05/2025     | Advisory approval of named executive officer compensation.                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 961953           |                0 | FOR         |                         961953           | FOR                         |  |
| NextEra Energy, Inc.                        | 65339F101 | 05/22/2025     | Approval, by non-binding advisory vote, of NextEra Energy's compensation of its named executive officers as disclosed in the proxy statement.                                                                                 | SECTION 14A SAY-ON-PAY VOTES |      1.20687e+07 |                0 | FOR         |                              1.20687e+07 | FOR                         |  |
| ONEOK, Inc.                                 | 682680103 | 05/21/2025     | An advisory vote to approve ONEOK, Inc.'s executive compensation.                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |      2.50328e+06 |                0 | FOR         |                              2.50328e+06 | FOR                         |  |
| Oracle Corporation                          | 68389X105 | 11/14/2024     | Advisory Vote to Approve the Compensation of our Named Executive Officers                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |  18897           |                0 | FOR         |                          18897           | FOR                         |  |
| PepsiCo, Inc.                               | 713448108 | 05/07/2025     | Advisory approval of the Company's executive compensation.                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |     19.033       |                0 | FOR         |                             19.033       | FOR                         |  |
| Philip Morris International Inc.            | 718172109 | 05/07/2025     | Advisory Vote Approving Executive Compensation                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |      4.42062e+07 |             1700 | FOR         |                              4.42062e+07 | FOR                         |  |
| QUALCOMM Incorporated                       | 747525103 | 03/18/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |    426.47        |                0 | FOR         |                            426.47        | FOR                         |  |
| Reddit, Inc.                                | 75734B100 | 06/09/2025     | Advisory vote on the compensation of our named executive officers.                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |     14.622       |                0 | FOR         |                             14.622       | FOR                         |  |
| Reddit, Inc.                                | 75734B100 | 06/09/2025     | Advisory vote on the frequency of future advisory votes on the compensation of our named executive officers.                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |     14.622       |                0 | ONE YEAR    |                             14.622       | FOR                         |  |
| Regeneron Pharmaceuticals, Inc.             | 75886F107 | 06/13/2025     | Proposal to approve, on an advisory basis, executive compensation.                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |     10.599       |                0 | FOR         |                             10.599       | FOR                         |  |
| Robinhood Markets, Inc.                     | 770700102 | 06/25/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers.                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |     73.237       |                0 | FOR         |                             73.237       | FOR                         |  |
| Roblox Corporation                          | 771049103 | 05/29/2025     | Advisory Vote on the Compensation of our Named Executive Officers.                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |   1021.83        |                0 | FOR         |                           1021.83        | FOR                         |  |
| Sanofi                                      | 80105N105 | 04/30/2025     | Approve Compensation of Frederic Oudea, Chairman of the Board                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |   3647           |                0 | FOR         |                           3647           | FOR                         |  |
| Sanofi                                      | 80105N105 | 04/30/2025     | Approve Compensation of Paul Hudson, CEO                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |   3647           |                0 | FOR         |                           3647           | FOR                         |  |
| Schlumberger N.V.                           | 806857108 | 04/02/2025     | Advisory approval of our executive compensation.                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |    104.12        |                0 | FOR         |                            104.12        | FOR                         |  |
| ServiceNow, Inc.                            | 81762P102 | 05/22/2025     | Advisory vote to approve ServiceNow's named executive officer compensation.                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |    722.162       |                0 | FOR         |                            722.162       | FOR                         |  |
| State Street Corporation                    | 857477103 | 05/14/2025     | To approve on an advisory proposal on executive compensation.                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |     75.768       |                0 | FOR         |                             75.768       | FOR                         |  |
| Synopsys, Inc.                              | 871607107 | 04/10/2025     | To approve, on an advisory basis, the compensation of our named executive officers, as disclosed in the attached Proxy Statement.                                                                                             | SECTION 14A SAY-ON-PAY VOTES |     25.238       |                0 | FOR         |                             25.238       | FOR                         |  |
| Targa Resources Corp.                       | 87612G101 | 05/20/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers for the fiscal year ended December 31, 2024.                                                                                     | SECTION 14A SAY-ON-PAY VOTES |      3.03952e+06 |                0 | FOR         |                              3.03952e+06 | FOR                         |  |
| The Allstate Corporation                    | 020002101 | 05/29/2025     | Advisory vote to approve the compensation of the named executives.                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |      3.66669e+06 |                0 | FOR         |                              3.66669e+06 | FOR                         |  |
| The Cigna Group                             | 125523100 | 04/23/2025     | Advisory approval of executive compensation                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |      3.83634e+06 |                0 | FOR         |                              3.83634e+06 | FOR                         |  |
| The Coca-Cola Company                       | 191216100 | 04/30/2025     | Advisory vote to approve executive compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |   4830.33        |                0 | FOR         |                           4830.33        | FOR                         |  |
| The Goldman Sachs Group, Inc.               | 38141G104 | 04/23/2025     | Advisory Vote to Approve Executive Compensation (Say on Pay)                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |      1.93826e+06 |                0 | FOR         |                              1.93826e+06 | FOR                         |  |
| The Kroger Co.                              | 501044101 | 06/26/2025     | Approval, on an advisory basis, of Kroger's executive compensation.                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |      8.33787e+06 |            74841 | FOR         |                              8.33787e+06 | FOR                         |  |
| The Procter  Gamble Company                 | 742718109 | 10/08/2024     | Advisory Vote to Approve the Company's Executive Compensation (the "Say on Pay" vote)                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |      9.40822e+06 |                0 | FOR         |                              9.40822e+06 | FOR                         |  |
| The Progressive Corporation                 | 743315103 | 05/09/2025     | Cast an advisory vote to approve our executive compensation program;                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |      5.8102e+06  |                0 | FOR         |                              5.8102e+06  | FOR                         |  |
| The Southern Company                        | 842587107 | 05/21/2025     | Advisory vote to approve executive compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |  50325.1         |                0 | FOR         |                          50325.1         | FOR                         |  |
| TotalEnergies SE                            | 89151E109 | 05/23/2025     | Approve Compensation of Patrick Pouyanne, Chairman and CEO                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 205452           |               80 | FOR         |                         205452           | FOR                         |  |
| TransDigm Group Incorporated                | 893641100 | 03/06/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |      2.26        |                0 | FOR         |                              2.26        | FOR                         |  |
| Uber Technologies, Inc.                     | 90353T100 | 05/05/2025     | Advisory vote to approve 2024 named executive officer compensation.                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |    320.482       |                0 | FOR         |                            320.482       | FOR                         |  |
| UnitedHealth Group Incorporated             | 91324P102 | 06/02/2025     | Advisory approval of the Company's executive compensation.                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |   4905.54        |                0 | FOR         |                           4905.54        | FOR                         |  |
| Verizon Communications Inc.                 | 92343V104 | 05/22/2025     | Advisory vote to approve executive compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      2.63332e+07 |                0 | FOR         |                              2.63332e+07 | FOR                         |  |
| Visa Inc.                                   | 92826C839 | 01/28/2025     | To approve, on an advisory basis, the compensation paid to our named executive officers.                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |      3.12592e+06 |           119117 | FOR         |                              3.12592e+06 | FOR                         |  |
| Vistra Corp.                                | 92840M102 | 04/30/2025     | To approve, on a non-binding advisory basis, the 2024 compensation of the Company's named executive officers;                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |    392.184       |                0 | FOR         |                            392.184       | FOR                         |  |
| Walmart Inc.                                | 931142103 | 06/05/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |  10009.8         |                0 | FOR         |                          10009.8         | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** GQG Partners LLC

**By (Signature):** Salvatore DiGangi

**By (Printed Signature):** Salvatore DiGangi

**By (Title):** Chief Compliance Officer

**Date:** 08/01/2025