UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD
OF
REGISTERED MANAGEMENT INVESTMENT COMPANIES
INVESTMENT COMPANY ACT FILE NUMBER: 811-3916
NAME OF REGISTRANT: VANGUARD SPECIALIZED FUNDS
ADDRESS OF REGISTRANT: PO BOX 2600, VALLEY FORGE, PA 19482
NAME AND ADDRESS OF AGENT FOR SERVICE: ANNE E. ROBINSON
PO BOX 876
VALLEY FORGE, PA 19482
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (610) 669-1000
DATE OF FISCAL YEAR END: JANUARY 31
DATE OF REPORTING PERIOD: JULY 1, 2020 - JUNE 30, 2021
******************************* FORM N-Px REPORT *******************************
ICA File Number: 81103916C
Reporting Period: 07/01/2020 - 06/30/2021
VANGUARD SPECIALIZED FUNDS
Each investment advisor's votes cast are shown separately below. Sections
without an investment advisor listed reflect votes cast at the discretion of the
Fund. The votes reported do not reflect any votes cast pursuant to a regulatory
requirement.
============== VANGUARD GLOBAL ESG SELECT STOCK FUND - WELLINGTON ==============
ACCENTURE PLC
Ticker: ACN Security ID: G1151C101
Meeting Date: FEB 03, 2021 Meeting Type: Annual
Record Date: DEC 07, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1A. Elect Jaime Ardila For For Management
1B. Elect Herbert Hainer For For Management
1C. Elect Nancy McKinstry For For Management
1D. Elect Beth E. Mooney For For Management
1E. Elect Gilles Pelisson For For Management
1F. Elect Paula A. Price For For Management
1G. Elect Venkata Renduchintala For For Management
1H. Elect David P. Rowland For For Management
1I. Elect Arun Sarin For For Management
1J. Elect Julie Sweet For For Management
1K. Elect Frank Kui Tang For For Management
1L. Elect Tracey T. Travis For For Management
2. Advisory Vote on Executive Compensation For Against Management
3. Appointment of Auditor and Authority For For Management
to Set Fees
4. Authority to Issue Shares w/ For For Management
Preemptive Rights
5. Authority to Issue Shares w/o For For Management
Preemptive Rights
6. Authorize the Price Range at which the For For Management
Company can Re-allot Treasury Shares
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AIA GROUP LIMITED
Ticker: 1299 Security ID: Y002A1105
Meeting Date: MAY 20, 2021 Meeting Type: Annual
Record Date: MAY 13, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1 Accounts and Reports For For Management
2 Allocation of Profits/Dividends For For Management
3 Elect LEE Yuan Siong For For Management
4 Elect CHOW Chung Kong For For Management
5 Elect John B. Harrison For For Management
6 Elect Lawrence LAU Juen-Yee For For Management
7 Elect Cesar V. Purisima For For Management
8 Appointment of Auditor and Authority For For Management
to Set Fees
9.A Authority to Issue Shares w/o For For Management
Preemptive Rights
9.B Authority to Repurchase Shares For For Management
--------------------------------------------------------------------------------
ATLAS COPCO AB
Ticker: ATCOA Security ID: W1R924161
Meeting Date: NOV 26, 2020 Meeting Type: Special
Record Date: NOV 18, 2020
# Proposal Mgt Rec Vote Cast Sponsor
6 Allocation of Profits/Dividends For For Management
7 Amendments to Articles For For Management
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ATLAS COPCO AB
Ticker: ATCOA Security ID: W1R924161
Meeting Date: APR 27, 2021 Meeting Type: Annual
Record Date: APR 19, 2021
# Proposal Mgt Rec Vote Cast Sponsor
7.A Accounts and Reports For For Management
7.B.1 Ratify Staffan Bohman For For Management
7.B.2 Ratify Tina Donikowski For For Management
7.B.3 Ratify Johan Forssell For For Management
7.B.4 Ratify Anna Ohlsson-Leijon For For Management
7.B.5 Ratify Mats Rahmstrom For For Management
7.B.6 Ratify Gordon Riske For For Management
7.B.7 Ratify Hans Straberg For For Management
7.B.8 Ratify Peter Wallenberg Jr For For Management
7.B.9 Ratify Sabine Neuss For For Management
7.B10 Ratify Mikael Bergstedt For For Management
7.B11 Ratify Benny Larsson For For Management
7.B12 Ratify Mats Rahmstrom (CEO) For For Management
7.C Allocation of Profits/Dividends For For Management
7.D Dividend Record Date For For Management
8.A Board Size For For Management
8.B Number of Auditors For For Management
9.A.1 Elect Staffan Bohman For For Management
9.A.2 Elect Tina M. Donikowski For For Management
9.A.3 Elect Johan Forssell For For Management
9.A.4 Elect Anna Ohlsson-Leijon For For Management
9.A.5 Elect Mats Rahmstrom For For Management
9.A.6 Elect Gordon Riske For For Management
9.A.7 Elect Hans Straberg For For Management
9.A.8 Elect Peter Wallenberg Jr. For For Management
9.B Elect Hans Straberg as Chair For For Management
9.C Appointment of Auditor For For Management
10.A Directors' Fees For For Management
10.B Authority to Set Auditor's Fees For For Management
11.A Remuneration Report For Against Management
11.B Personnel Option Plan 2021 For For Management
12.A Authority to Repurchase Shares For For Management
Pursuant to Personnel Option Plan 2021
12.B Authority to Repurchase Shares For For Management
Pursuant to Directors' Fees
12.C Authority to Issue Treasury Shares For For Management
Pursuant to Personnel Option Plan 2021
12.D Authority to Issue Treasury Shares For For Management
Pursuant to Directors' Fees
12.E Authority to Issue Treasury Shares For For Management
Pursuant to LTIP 2016, 2017, 2018
--------------------------------------------------------------------------------
AUTOMATIC DATA PROCESSING INC.
Ticker: ADP Security ID: 053015103
Meeting Date: NOV 11, 2020 Meeting Type: Annual
Record Date: SEP 14, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1A. Elect Peter Bisson For For Management
1B. Elect Richard T. Clark For For Management
1C. Elect Linnie M. Haynesworth For For Management
1D. Elect John P. Jones For For Management
1E. Elect Francine S. Katsoudas For For Management
1F. Elect Nazzic S. Keene For For Management
1G. Elect Thomas J. Lynch For For Management
1H. Elect Scott F. Powers For For Management
1I. Elect William J. Ready For For Management
1J. Elect Carlos A. Rodriguez For For Management
1K. Elect Sandra S. Wijnberg For For Management
2. Advisory Vote on Executive Compensation For For Management
3. Ratification of Auditor For For Management
4. Shareholder Proposal Regarding Report Against Against Shareholder
on Non-Management Employee
Representation on the Board
--------------------------------------------------------------------------------
B3 S.A. - BRASIL BOLSA BALCAO
Ticker: B3SA3 Security ID: P1909G107
Meeting Date: APR 29, 2021 Meeting Type: Annual
Record Date: APR 23, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1 Accounts and Reports For For Management
2 Allocation of Profits/Dividends For For Management
3 Board Size For For Management
4 Election of Directors For For Management
5 Approve Recasting of Votes for Amended N/A Against Management
Slate
6 Proportional Allocation of Cumulative N/A Against Management
Votes
7.1 Allocate Cumulative Votes to Alberto N/A For Management
Monteiro de Queiroz Netto
7.2 Allocate Cumulative Votes to Ana Carla N/A For Management
Abrao Costa
7.3 Allocate Cumulative Votes to Antonio N/A For Management
Carlos Quintella
7.4 Allocate Cumulative Votes to Claudia N/A For Management
Farkouh Prado
7.5 Allocate Cumulative Votes to Cristina N/A For Management
Anne Betts
7.6 Allocate Cumulative Votes to Eduardo N/A For Management
Mazzilli de Vassimon
7.7 Allocate Cumulative Votes to Florian N/A For Management
Bartunek
7.8 Allocate Cumulative Votes to Guilherme N/A Against Management
Affonso Ferreira
7.9 Allocate Cumulative Votes to Jose de N/A For Management
Menezes Berenguer Neto
7.10 Allocate Cumulative Votes to Mauricio N/A For Management
Machado de Minas
7.11 Allocate Cumulative Votes to Pedro N/A For Management
Paulo Giubbina Lorenzini
8 Request Cumulative Voting N/A Against Management
9 Remuneration Policy For For Management
10 Request Establishment of Supervisory N/A For Management
Council
11 Election of Supervisory Council For For Management
12 Approve Recasting of Votes for Amended N/A Against Management
Supervisory Council Slate
13 Supervisory Council Fees For For Management
--------------------------------------------------------------------------------
B3 S.A. - BRASIL BOLSA BALCAO
Ticker: B3SA3 Security ID: P1909G107
Meeting Date: MAY 10, 2021 Meeting Type: Special
Record Date: APR 23, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1 Stock Split For For Management
2 Amendments to Article 3 (Corporate For For Management
Purpose)
3 Amendments to Articles 5 and 8 (Share For For Management
Capital)
4 Amendments to Articles 16, 29 and 37 For For Management
(Duties)
5 Amendments to Article 22 (Board of For For Management
Directors' Composition)
6 Amendments to Article 32 (Management For For Management
Board's Composition)
7 Amendments to Articles (Board of For For Management
Directors' Committees)
8 Amendments to Article 76 (Indemnity For For Management
Agreements)
9 Amendments to Article 76 (Indemnity For For Management
Agreements)
10 Amendments to Articles (Miscellaneous) For For Management
11 Consolidation of Articles For For Management
12 Amendment to the Restricted Shares Plan For For Management
--------------------------------------------------------------------------------
BAXTER INTERNATIONAL INC.
Ticker: BAX Security ID: 071813109
Meeting Date: MAY 04, 2021 Meeting Type: Annual
Record Date: MAR 11, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1A. Elect Jose E. Almeida For For Management
1B. Elect Thomas F. Chen For For Management
1C. Elect John D. Forsyth For For Management
1D. Elect Peter S. Hellman For For Management
1E. Elect Michael F. Mahoney For For Management
1F. Elect Patricia Morrison For For Management
1G. Elect Stephen N. Oesterle For For Management
1H. Elect Catherine R. Smith For For Management
1I. Elect Thomas T. Stallkamp For For Management
1J. Elect Albert P.L. Stroucken For For Management
1K. Elect Amy M. Wendell For For Management
1L. Elect David S. Wilkes For For Management
2. Advisory Vote on Executive Compensation For For Management
3. Ratification of Auditor For For Management
4. Approval of the 2021 Incentive Plan For For Management
5. Amendment to the Employee Stock For For Management
Purchase Plan
6. Shareholder Proposal Regarding Right Against For Shareholder
to Act by Written Consent
7. Shareholder Proposal Regarding Against For Shareholder
Independent Chair
--------------------------------------------------------------------------------
BCE INC.
Ticker: BCE Security ID: 05534B760
Meeting Date: APR 29, 2021 Meeting Type: Annual
Record Date: MAR 15, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Mirko Bibic For For Management
1.2 Elect David F. Denison For For Management
1.3 Elect Robert P. Dexter For For Management
1.4 Elect Ian Greenberg For For Management
1.5 Elect Katherine Lee For For Management
1.6 Elect Monique F. Leroux For For Management
1.7 Elect Sheila A. Murray For For Management
1.8 Elect Gordon M. Nixon For For Management
1.9 Elect Louis P. Pagnutti For For Management
1.10 Elect Calin Rovinescu For For Management
1.11 Elect Karen Sheriff For For Management
1.12 Elect Robert C. Simmonds For For Management
1.13 Elect Jennifer Tory For For Management
1.14 Elect Cornell Wright For For Management
02 Appointment of Auditor For For Management
03 Advisory Vote on Executive Compensation For For Management
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COLGATE-PALMOLIVE COMPANY
Ticker: CL Security ID: 194162103
Meeting Date: MAY 07, 2021 Meeting Type: Annual
Record Date: MAR 08, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1a. Elect John P. Bilbrey For For Management
1b. Elect John T. Cahill For For Management
1c. Elect Lisa M. Edwards For For Management
1d. Elect C. Martin Harris For For Management
1e. Elect Martina Hund-Mejean For For Management
1f. Elect Kimberly A. Nelson For For Management
1g. Elect Lorrie M. Norrington For For Management
1h. Elect Michael B. Polk For For Management
1i. Elect Stephen I. Sadove For For Management
1j. Elect Noel R. Wallace For For Management
2. Ratification of Auditor For For Management
3. Advisory Vote on Executive Compensation For For Management
4. Shareholder Proposal Regarding Against For Shareholder
Independent Chair
5. Shareholder Proposal Regarding Right Against For Shareholder
to Call Special Meetings
--------------------------------------------------------------------------------
COMPASS GROUP PLC
Ticker: CPG Security ID: G23296208
Meeting Date: FEB 04, 2021 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Accounts and Reports For For Management
2 Remuneration Policy (Binding) For For Management
3 Remuneration Report (Advisory) For For Management
4 Elect Ian K. Meakins For For Management
5 Elect Dominic Blakemore For For Management
6 Elect Gary Green For For Management
7 Elect Karen Witts For For Management
8 Elect Carol Arrowsmith For For Management
9 Elect John G. Bason For For Management
10 Elect Stefan Bomhard For For Management
11 Elect John Bryant For For Management
12 Elect Anne-Francoise Nesmes For For Management
13 Elect Nelson Luiz Costa Silva For For Management
14 Elect Ireena Vittal For Against Management
15 Appointment of Auditor For For Management
16 Authority to Set Auditor's Fees For For Management
17 Authorisation of Political Donations For For Management
18 Authority to Issue Shares w/ For For Management
Preemptive Rights
19 Authority to Issue Shares w/o For For Management
Preemptive Rights
20 Authority to Issue Shares w/o For For Management
Preemptive Rights (Specified Capital
Investment)
21 Authority to Repurchase Shares For For Management
22 Adoption of New Articles For For Management
23 Authority to Set General Meeting For Against Management
Notice Period at 14 Days
--------------------------------------------------------------------------------
DANAHER CORPORATION
Ticker: DHR Security ID: 235851102
Meeting Date: MAY 05, 2021 Meeting Type: Annual
Record Date: MAR 08, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1A. Elect Rainer M. Blair For For Management
1B. Elect Linda P. Hefner Filler For For Management
1C. Elect Teri List For For Management
1D. Elect Walter G. Lohr, Jr. For For Management
1E. Elect Jessica L. Mega For For Management
1F. Elect Mitchell P. Rales For For Management
1G. Elect Steven M. Rales For For Management
1H. Elect Pardis C. Sabeti For For Management
1I. Elect John T. Schwieters For For Management
1J. Elect Alan G. Spoon For For Management
1K. Elect Raymond C. Stevens For For Management
1L. Elect Elias A. Zerhouni For For Management
2. Ratification of Auditor For For Management
3. Advisory Vote on Executive Compensation For For Management
4. Shareholder Proposal Regarding Right Against For Shareholder
to Call Special Meetings
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DBS GROUP HOLDINGS LTD
Ticker: D05 Security ID: Y20246107
Meeting Date: MAR 30, 2021 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Allocation of Profits/Dividends For For Management
2 Directors' Fees For For Management
3 Appointment of Auditor and Authority For For Management
to Set Fees
4 Elect Piyush Gupta For For Management
5 Elect Punita Lal For For Management
6 Elect Anthony LIM Weng Kin For For Management
7 Authority to Issues Share under The For For Management
California Sub-Plan
8 Authority To Grant Awards And Issue For For Management
Shares Under The Dbsh Share Plan
9 Authority to Issue Shares w/ or w/o For For Management
Preemptive Rights
10 Authority to Repurchase and Reissue For For Management
Shares
11 Authority To Issue Shares Pursuant To For For Management
The Dbsh Scrip Dividend Scheme
12 Election of Presiding Chair; Minutes For For Management
--------------------------------------------------------------------------------
DEERE & COMPANY
Ticker: DE Security ID: 244199105
Meeting Date: FEB 24, 2021 Meeting Type: Annual
Record Date: DEC 31, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1A. Elect Tamra A. Erwin For For Management
1B. Elect Alan C. Heuberger For For Management
1C. Elect Charles O. Holliday, Jr. For For Management
1D. Elect Dipak C. Jain For For Management
1E. Elect Michael O. Johanns For For Management
1F. Elect Clayton M. Jones For For Management
1G. Elect John C. May For For Management
1H. Elect Gregory R. Page For For Management
1I. Elect Sherry M. Smith For For Management
1J. Elect Dmitri L. Stockton For For Management
1K. Elect Sheila G. Talton For For Management
2. Advisory Vote on Executive Compensation For For Management
3. Ratification of Auditor For For Management
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ECOLAB INC.
Ticker: ECL Security ID: 278865100
Meeting Date: MAY 06, 2021 Meeting Type: Annual
Record Date: MAR 09, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1A. Elect Douglas M. Baker, Jr. For For Management
1B. Elect Shari L Ballard For For Management
1C. Elect Barbara J. Beck For For Management
1D. Elect Christophe Beck For For Management
1E. Elect Jeffrey M. Ettinger For For Management
1F. Elect Arthur J. Higgins For For Management
1G. Elect Michael Larson For For Management
1H. Elect David W. MacLennan For For Management
1I. Elect Tracy B. McKibben For For Management
1J. Elect Lionel L. Nowell, III For For Management
1K. Elect Victoria J. Reich For For Management
1L. Elect Suzanne M. Vautrinot For For Management
1M. Elect John J. Zillmer For Against Management
2. Ratification of Auditor For For Management
3. Advisory Vote on Executive Compensation For For Management
4. Shareholder Proposal Regarding Proxy Against For Shareholder
Access Bylaw Amendment
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IBERDROLA
Ticker: IBE Security ID: E6165F166
Meeting Date: JUN 18, 2021 Meeting Type: Ordinary
Record Date: JUN 11, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1 Accounts For For Management
2 Management Reports For For Management
3 Report on Non-Financial Information For For Management
4 Ratification of Board Acts For For Management
5 Amendments to Articles (Governance and For For Management
Sustainability System)
6 Amendments to Articles (Cancellation For For Management
of Shares)
7 Amendments to Articles (General For For Management
Meeting Powers; Board Powers)
8 Amendments to Articles (Remote For For Management
Attendance)
9 Amendments to Articles (Climate Action For For Management
Plan)
10 Amendments to Articles (Board and For For Management
Committees)
11 Amendments to Articles (Financial and For For Management
Non-Financial Information)
12 Amendments to Articles (Technical For For Management
Amendments)
13 Amendments to General Meeting For For Management
Regulations (Governance and
Sustainability System)
14 Amendments to General Meeting For For Management
Regulations (Powers)
15 Amendments to General Meeting For For Management
Regulations (Remote Attendance)
16 Remuneration Policy For For Management
17 Allocation of Profits/Dividends For For Management
18 First Scrip Dividend For For Management
19 Second Scrip Dividend For For Management
20 Elect Juan Manuel Gonzalez Serna For For Management
21 Elect Francisco Martinez Corcoles For For Management
22 Ratify Co-Option and Elect Angel Jesus For For Management
Acebes Paniagua
23 Board Size For For Management
24 Authority to Issue Debt Instruments For For Management
25 Authorisation of Legal Formalities For For Management
26 Remuneration Report (Advisory) For For Management
27 Advisory Vote on Climate Action Policy For For Management
--------------------------------------------------------------------------------
INDUSTRIA DE DISENO TEXTIL SA
Ticker: ITX Security ID: E6282J125
Meeting Date: JUL 14, 2020 Meeting Type: Ordinary
Record Date: JUL 09, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1 Individual Accounts and Reports For For Management
2 Consolidated Accounts and Reports; For For Management
Ratification of Board Acts
3 Report on Non-Financial Information For For Management
4 Allocation of Profits/Dividends For For Management
5 Special Dividend For For Management
6.A Elect Pontegadea Inversiones, S.L. For For Management
(Flora Perez Marcote)
6.B Elect Denise Kingsmill For For Management
6.C Ratify Co-Option and Elect Anne Lange For For Management
7 Appointment of Auditor For For Management
8.A Amendments to Articles (Remote For For Management
Attendance)
8.B Approval of Consolidated Text of For For Management
Articles
9.A Amendments to General Meeting For For Management
Regulations (Non-Financial Information
Statement)
9.B Amendments to General Meeting For For Management
Regulations (Remote Attendance)
9.C Approval of Consolidated Text of For For Management
General Meeting Regulations
10 Remuneration Report (Advisory) For For Management
11 Authorisation of Legal Formalities For For Management
12 Presentation of Report on Amendments For For Management
to Board Regulations
--------------------------------------------------------------------------------
ING GROEP N.V.
Ticker: INGA Security ID: N4578E595
Meeting Date: APR 26, 2021 Meeting Type: Annual
Record Date: MAR 29, 2021
# Proposal Mgt Rec Vote Cast Sponsor
2d. Remuneration Report For For Management
2e. Accounts and Reports For For Management
3b. Allocation of Profits/Dividends For For Management
4a. Ratification of Management Board Acts For For Management
4b. Ratification of Supervisory Board Acts For For Management
5. Approve Maximum Variable Pay Ratio For For Management
6. Amendments to Articles For For Management
7a. Elect Steven Van Rijswijk For For Management
7b. Elect Ljiljana Cortan For For Management
8a. Elect Hans Wijers For For Management
8b. Elect Margarete Haase For For Management
8c. Elect Lodewijk J. Hijmans van den Bergh For For Management
9a. Authority to Issue Shares w/ For For Management
Preemptive Rights
9b. Authority to Issue Shares w/ or w/o For For Management
Preemptive Rights
10. Authority to Repurchase Shares For For Management
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KONINKLIJKE DSM NV
Ticker: DSM Security ID: N5017D122
Meeting Date: MAY 06, 2021 Meeting Type: Annual
Record Date: APR 08, 2021
# Proposal Mgt Rec Vote Cast Sponsor
2. Amendments to Articles (Bundled) For For Management
4. Remuneration Report For For Management
5. Accounts and Reports For For Management
6b. Allocation of Profits/Dividends For For Management
7a. Ratification of Management Board Acts For For Management
7b. Ratification of Supervisory Board Acts For For Management
8. Elect Dimitri de Vreeze to the For For Management
Management Board
9a. Elect Frits van Paasschen to the For For Management
Supervisory Board
9b. Elect John Ramsay to the Supervisory For For Management
Board
9c. Elect Carla M.C. Mahieu to the For For Management
Supervisory Board
9d. Elect Corien M. Wortmann-Kool to the For For Management
Supervisory Board
10. Appointment of Auditor For For Management
11a. Authority to Issue Shares w/o For For Management
Preemptive Rights
11b. Authority to Issue Shares w/ For For Management
Preemptive Rights in Connection with a
Rights Issue
12. Authority to Repurchase Shares For For Management
13. Cancellation of Shares For For Management
--------------------------------------------------------------------------------
MERCK & CO., INC.
Ticker: MRK Security ID: 58933Y105
Meeting Date: MAY 25, 2021 Meeting Type: Annual
Record Date: MAR 26, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1A. Elect Leslie A. Brun For For Management
1B. Elect Mary Ellen Coe For For Management
1C. Elect Pamela J. Craig For For Management
1D. Elect Kenneth C. Frazier For For Management
1E. Elect Thomas H. Glocer For For Management
1F. Elect Risa Lavizzo-Mourey For For Management
1G. Elect Stephen L. Mayo For For Management
1H. Elect Paul B. Rothman For For Management
1I. Elect Patricia F. Russo For For Management
1J. Elect Christine E. Seidman For For Management
1K. Elect Inge G. Thulin For For Management
1L. Elect Kathy J. Warden For For Management
1M. Elect Peter C. Wendell For For Management
2. Advisory Vote on Executive Compensation For For Management
3. Ratification of Auditor For For Management
4. Shareholder Proposal Regarding Right Against Against Shareholder
to Act by Written Consent
5. Shareholder Proposal Regarding Report Against Against Shareholder
on Access to COVID-19 Products
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MICHELIN (CGDE)-B
Ticker: ML Security ID: F61824144
Meeting Date: MAY 21, 2021 Meeting Type: Mix
Record Date: MAY 18, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1 Accounts and Reports For For Management
2 Allocation of Profits/Dividends For For Management
3 Consolidated Accounts and Reports For For Management
4 Special Auditors Report on Regulated For For Management
Agreements
5 Authority to Repurchase and Reissue For For Management
Shares
6 2021 Remuneration Policy (Managers) For For Management
7 2021 Remuneration Policy (Supervisory For For Management
Board)
8 2020 Remuneration Report For For Management
9 2020 Remuneration of Florent Menegaux, For For Management
General Managing Partner and CEO
10 2020 Remuneration of Yves Chapot, For For Management
General Manager
11 2020 Remuneration of Michel Rollier, For For Management
Supervisory Board Chair
12 Ratification of Co-Option of For For Management
Jean-Michel Severino
13 Elect Wolf-Henning Scheider For For Management
14 Authority to Cancel Shares and Reduce For For Management
Capital
15 Amendments to Articles Regarding For For Management
Rights of the Managing Partners in the
Company's Profits
16 Amendments to Articles Regarding For For Management
Managers' Remuneration
17 Authorisation of Legal Formalities For For Management
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MICROSOFT CORPORATION
Ticker: MSFT Security ID: 594918104
Meeting Date: DEC 02, 2020 Meeting Type: Annual
Record Date: OCT 08, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1A. Elect Reid G. Hoffman For For Management
1B. Elect Hugh F. Johnston For For Management
1C. Elect Teri L. List-Stoll For For Management
1D. Elect Satya Nadella For For Management
1E. Elect Sandra E. Peterson For For Management
1F. Elect Penny S. Pritzker For For Management
1G. Elect Charles W. Scharf For For Management
1H. Elect Arne M. Sorenson For For Management
1I. Elect John W. Stanton For For Management
1J. Elect John W. Thompson For For Management
1K. Elect Emma N. Walmsley For For Management
1L. Elect Padmasree Warrior For For Management
2. Advisory Vote on Executive Compensation For For Management
3. Ratification of Auditor For For Management
4. Shareholder Proposal Regarding Report Against Against Shareholder
on Non-Management Employee
Representation on the Board
--------------------------------------------------------------------------------
MITSUBISHI UFJ FINANCIAL GROUP INC.
Ticker: 8306 Security ID: J44497105
Meeting Date: JUN 29, 2021 Meeting Type: Annual
Record Date: MAR 31, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1 Allocation of Profits/Dividends For For Management
2.1 Elect Mariko Fujii For For Management
2.2 Elect Keiko Honda For For Management
2.3 Elect Kaoru Kato For For Management
2.4 Elect Satoko Kuwabara For For Management
2.5 Elect Toby S. Myerson For For Management
2.6 Elect Hirofumi Nomoto For For Management
2.7 Elect Yasushi Shingai For For Management
2.8 Elect Koichi Tsuji For For Management
2.9 Elect Tarisa Watanagase For For Management
2.10 Elect Ritsuo Ogura For For Management
2.11 Elect Kenichi Miyanaga For For Management
2.12 Elect Kanetsugu Mike For For Management
2.13 Elect Saburo Araki For For Management
2.14 Elect Iwao Nagashima For For Management
2.15 Elect Junichi Hanzawa For For Management
2.16 Elect Hironori Kamezawa For For Management
3 Shareholder Proposal Regarding Against Against Shareholder
Aligning Business Strategy to the
Paris Agreement
4 Shareholder Proposal Regarding Against Against Shareholder
Disclosure of Securities Report Prior
to the Annual Meeting
5 Shareholder Proposal Regarding Against Against Shareholder
Parental Child Abduction
6 Shareholder Proposal Regarding Against Against Shareholder
Prohibiting Relationships with
Anti-Social Forces
7 Shareholder Proposal Regarding Against Against Shareholder
Establishing a Helpline for
Whistle-Blowing
8 Shareholder Proposal Regarding Against Against Shareholder
Election of Dissident Board Member
--------------------------------------------------------------------------------
NATIONAL GRID PLC
Ticker: NG. Security ID: G6S9A7120
Meeting Date: APR 22, 2021 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 WPDIL Acquisition For For Management
2 Amendment to Borrowing Powers For For Management
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NORTHERN TRUST CORPORATION
Ticker: NTRS Security ID: 665859104
Meeting Date: APR 20, 2021 Meeting Type: Annual
Record Date: FEB 22, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1A. Elect Linda Walker Bynoe For For Management
1B. Elect Susan Crown For For Management
1C. Elect Dean M. Harrison For For Management
1D. Elect Jay L. Henderson For For Management
1E. Elect Marcy S. Klevorn For For Management
1F. Elect Siddharth N. Mehta For For Management
1G. Elect Michael G. O'Grady For For Management
1H. Elect Jose Luis Prado For For Management
1I. Elect Thomas E. Richards For For Management
1J. Elect Martin P. Slark For For Management
1K. Elect David H. B. Smith, Jr. For For Management
1L. Elect Donald Thompson For For Management
1M. Elect Charles A. Tribbett III For For Management
2. Advisory Vote on Executive Compensation For For Management
3. Ratification of Auditor For For Management
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NOVARTIS AG
Ticker: NOVN Security ID: H5820Q150
Meeting Date: MAR 02, 2021 Meeting Type: Annual
Record Date: FEB 25, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1 Accounts and Reports For For Management
2 Ratification of Board and Management For For Management
Acts
3 Allocation of Profits/Dividends For For Management
4 Cancellation of Shares and Reduction For For Management
in Share Capital
5 Authority to Repurchase Shares For For Management
6.1 Board Compensation For For Management
6.2 Executive Compensation For For Management
6.3 Compensation Report For For Management
7.1 Elect Jorg Reinhardt as Board Chair For For Management
7.2 Elect Nancy C. Andrews For For Management
7.3 Elect Ton Buchner For For Management
7.4 Elect Patrice Bula For For Management
7.5 Elect Elizabeth Doherty For For Management
7.6 Elect Ann M. Fudge For For Management
7.7 Elect Bridgette P. Heller For For Management
7.8 Elect Frans van Houten For For Management
7.9 Elect Simon Moroney For For Management
7.10 Elect Andreas von Planta For For Management
7.11 Elect Charles L. Sawyers For For Management
7.12 Elect Enrico Vanni For For Management
7.13 Elect William T. Winters For For Management
8.1 Elect Patrice Bula as Compensation For For Management
Committee Member
8.2 Elect Bridgette P. Heller as For For Management
Compensation Committee Member
8.3 Elect Enrico Vanni as Compensation For For Management
Committee Member
8.4 Elect William T. Winters as For For Management
Compensation Committee Member
8.5 Elect Simon Moroney as Compensation For For Management
Committee Member
9 Appointment of Auditor For For Management
10 Appointment of Independent Proxy For For Management
11 Amendments to Articles (Term of Office) For For Management
B Additional or Amended Proposals N/A Against Management
--------------------------------------------------------------------------------
PROLOGIS, INC.
Ticker: PLD Security ID: 74340W103
Meeting Date: APR 29, 2021 Meeting Type: Annual
Record Date: MAR 08, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1A. Elect Hamid R. Moghadam For For Management
1B. Elect Cristina G. Bita For For Management
1C. Elect George L. Fotiades For For Management
1D. Elect Lydia H. Kennard For For Management
1E. Elect Irving F. Lyons, III For For Management
1F. Elect Avid Modjtabai For For Management
1G. Elect David P. O'Connor For For Management
1H. Elect Olivier Piani For For Management
1I. Elect Jeffrey L. Skelton For For Management
1J. Elect Carl B. Webb For For Management
1K. Elect William D. Zollars For For Management
2. Advisory Vote on Executive Compensation For Against Management
3. Ratification of Auditor For For Management
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RECRUIT HOLDINGS CO.,LTD.
Ticker: 6098 Security ID: J6433A101
Meeting Date: JUN 17, 2021 Meeting Type: Annual
Record Date: MAR 31, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Masumi Minegishi For For Management
1.2 Elect Hisayuki Idekoba For For Management
1.3 Elect Ayano Senaha For For Management
1.4 Elect Rony Kahan For For Management
1.5 Elect Naoki Izumiya For For Management
1.6 Elect Hiroki Totoki For For Management
2 Elect Miho Tanaka @ Miho Takahashi as For For Management
Alternate Statutory Auditor
3 Amendment to the Performance-Linked For For Management
Equity
4 Amendment to the Equity Compensation For For Management
Plan
5 Amendments to Articles For For Management
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SCHNEIDER ELECTRIC SE
Ticker: SU Security ID: F86921107
Meeting Date: APR 28, 2021 Meeting Type: Mix
Record Date: APR 23, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1 Accounts and Reports; Non For For Management
Tax-Deductible Expenses
2 Consolidated Accounts and Reports For For Management
3 Allocation of Profits/Dividends For For Management
4 Special Auditors Report on Regulated For For Management
Agreements
5 2020 Remuneration Report For For Management
6 2020 Remuneration of Jean-Pascal For For Management
Tricoire, Chair and CEO
7 2021 Remuneration Policy (Chair and For For Management
CEO)
8 2021 Remuneration Policy (Board of For For Management
Directors)
9 Elect Jean-Pascal Tricoire For For Management
10 Elect Anna Ohlsson-Leijon For For Management
11 Election of Thierry Jacquet (Employee Against Against Management
Shareholder Representatives)
12 Election of Zennia Csikos (Employee Against Against Management
Shareholder Representatives)
13 Elect Xiaoyun Ma (Employee Shareholder For For Management
Representatives)
14 Election of Malene Kvist Kristensen Against Against Management
(Employee Shareholder Representatives)
15 Authority to Repurchase and Reissue For For Management
Shares
16 Authority to Issue Shares w/ For For Management
Preemptive Rights
17 Authority to Issue Shares w/o For For Management
Preemptive Rights
18 Authority to Issue Shares Through For For Management
Private Placement
19 Greenshoe For For Management
20 Authority to Increase Capital in For For Management
Consideration for Contributions In Kind
21 Authority to Increase Capital Through For For Management
Capitalisations
22 Employee Stock Purchase Plan For For Management
23 Stock Purchase Plan for Overseas For For Management
Employees
24 Authority to Cancel Shares and Reduce For For Management
Capital
25 Amendments to Article Regarding Board For For Management
Powers
26 Authorisation of Legal Formalities For For Management
--------------------------------------------------------------------------------
STARBUCKS CORPORATION
Ticker: SBUX Security ID: 855244109
Meeting Date: MAR 17, 2021 Meeting Type: Annual
Record Date: JAN 08, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1A. Elect Richard E. Allison, Jr. For For Management
1B. Elect Rosalind G. Brewer For Abstain Management
1C. Elect Andrew Campion For For Management
1D. Elect Mary N. Dillon For For Management
1E. Elect Isabel Ge Mahe For For Management
1F. Elect Mellody Hobson For For Management
1G. Elect Kevin R. Johnson For For Management
1H. Elect Jorgen Vig Knudstorp For For Management
1I. Elect Satya Nadella For For Management
1J. Elect Joshua Cooper Ramo For For Management
1K. Elect Clara Shih For For Management
1L. Elect Javier G. Teruel For For Management
2. Advisory Vote on Executive Compensation For Against Management
3. Ratification of Auditor For For Management
4. Shareholder Proposal Regarding Against Against Shareholder
Non-Management Employee Representation
on the Board
--------------------------------------------------------------------------------
TAIWAN SEMICONDUCTOR MANUFACTURING CO., LTD.
Ticker: 2330 Security ID: Y84629107
Meeting Date: JUN 08, 2021 Meeting Type: Annual
Record Date: APR 09, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1 Accounts and Reports For For Management
2 Amendments to Procedural Rules: For For Management
Election of Directors
3 Adoption of Employee Restricted Stock For For Management
Plan
4.1 Elect Mark LIU For For Management
4.2 Elect Che-Chia WEI For For Management
4.3 Elect Fan-Cheng TSENG For For Management
4.4 Elect Ming-Hsin KUNG For For Management
4.5 Elect Peter L. Bonfield For For Management
4.6 Elect Kok-Choo CHEN For For Management
4.7 Elect Michael R. Splinter For For Management
4.8 Elect Moshe N.Gavrielov For For Management
4.9 Elect Yancey HAI For For Management
4.10 Elect L. Rafael Reif For For Management
--------------------------------------------------------------------------------
TEXAS INSTRUMENTS INCORPORATED
Ticker: TXN Security ID: 882508104
Meeting Date: APR 22, 2021 Meeting Type: Annual
Record Date: FEB 22, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1A. Elect Mark A. Blinn For For Management
1B. Elect Todd M. Bluedorn For For Management
1C. Elect Janet F. Clark For For Management
1D. Elect Carrie S. Cox For For Management
1E. Elect Martin S. Craighead For For Management
1F. Elect Jean M. Hobby For For Management
1G. Elect Michael D. Hsu For For Management
1H. Elect Ronald Kirk For For Management
1I. Elect Pamela H. Patsley For For Management
1J. Elect Robert E. Sanchez For For Management
1K. Elect Richard K. Templeton For For Management
2. Advisory Vote on Executive Compensation For Against Management
3. Ratification of Auditor For For Management
4. Shareholder Proposal Regarding Right Against For Shareholder
to Act by Written Consent
--------------------------------------------------------------------------------
THE BANK OF NOVA SCOTIA
Ticker: BNS Security ID: 064149107
Meeting Date: APR 13, 2021 Meeting Type: Annual
Record Date: FEB 16, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Nora A. Aufreiter For For Management
1.2 Elect Guillermo E. Babatz For For Management
1.3 Elect Scott B. Bonham For For Management
1.4 Elect Lynn K. Patterson For For Management
1.5 Elect Michael D. Penner For For Management
1.6 Elect Brian J. Porter For For Management
1.7 Elect Una M. Power For For Management
1.8 Elect Aaron W. Regent For For Management
1.9 Elect Calin Rovinescu For For Management
1.10 Elect Susan L. Segal For For Management
1.11 Elect L. Scott Thomson For For Management
1.12 Elect Benita M. Warmbold For For Management
02 Appointment of Auditor For For Management
03 Advisory Vote on Executive Compensation For Against Management
04 Shareholder Proposal Regarding Against Against Shareholder
Reporting Circular Economy Loans
05 Shareholder Proposal Regarding Equity Against Against Shareholder
Ratio
06 Shareholder Proposal Regarding Board Against Against Shareholder
Diversity Target
--------------------------------------------------------------------------------
THE HOME DEPOT, INC.
Ticker: HD Security ID: 437076102
Meeting Date: MAY 20, 2021 Meeting Type: Annual
Record Date: MAR 22, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1A. Elect Gerard J. Arpey For For Management
1B. Elect Ari Bousbib For For Management
1C. Elect Jeffery H. Boyd For For Management
1D. Elect Gregory D. Brenneman For For Management
1E. Elect J. Frank Brown For For Management
1F. Elect Albert P. Carey For Against Management
1G. Elect Helena B. Foulkes For For Management
1H. Elect Linda R. Gooden For For Management
1I. Elect Wayne M. Hewett For For Management
1J. Elect Manuel Kadre For For Management
1K. Elect Stephanie C. Linnartz For For Management
1L. Elect Craig A. Menear For For Management
2. Ratification of Auditor For For Management
3. Advisory Vote on Executive Compensation For For Management
4. Shareholder Proposal Regarding Against For Shareholder
Reducing Ownership Threshold Required
to Act by Written Consent
5. Shareholder Proposal Regarding Report Against Against Shareholder
on Political Expenditures and Values
Congruency
6. Shareholder Proposal Regarding Prison Against Against Shareholder
Labor
--------------------------------------------------------------------------------
THE PROGRESSIVE CORPORATION
Ticker: PGR Security ID: 743315103
Meeting Date: MAY 07, 2021 Meeting Type: Annual
Record Date: MAR 12, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1A. Elect Philip F. Bleser For For Management
1B. Elect Stuart B. Burgdoerfer For For Management
1C. Elect Pamela J. Craig For For Management
1D. Elect Charles A. Davis For For Management
1E. Elect Roger N. Farah For For Management
1F. Elect Lawton W. Fitt For For Management
1G. Elect Susan Patricia Griffith For For Management
1H. Elect Devin C. Johnson For For Management
1I. Elect Jeffrey D. Kelly For For Management
1J. Elect Barbara R. Snyder For For Management
1K. Elect Jan E. Tighe For For Management
1L. Elect Kahina Van Dyke For For Management
2. Advisory Vote on Executive Compensation For For Management
3. Ratification of Auditor For For Management
--------------------------------------------------------------------------------
TRANE TECHNOLOGIES PLC
Ticker: TT Security ID: G8994E103
Meeting Date: JUN 03, 2021 Meeting Type: Annual
Record Date: APR 08, 2021
# Proposal Mgt Rec Vote Cast Sponsor
1A. Elect Kirk E. Arnold For For Management
1B. Elect Ann C. Berzin For For Management
1C. Elect John Bruton For For Management
1D. Elect Jared L. Cohon For For Management
1E. Elect Gary D. Forsee For For Management
1F. Elect Linda P. Hudson For For Management
1G. Elect Michael W. Lamach For For Management
1H. Elect Myles Lee For For Management
1I. Elect April Miller Boise For For Management
1J. Elect Karen B. Peetz For For Management
1K. Elect John P. Surma For For Management
1L. Elect Tony L. White For For Management
2. Advisory Vote on Executive Compensation For For Management
3. Appointment of Auditor and Authority For For Management
to Set Fees
4. Authority to Issue Shares w/ For For Management
Preemptive Rights
5. Authority to Issue Shares w/o For For Management
Preemptive Rights
6. Set the Price Range at which the For For Management
Company can Re-Allot Treasury Shares
--------------------------------------------------------------------------------
VESTAS WIND SYSTEMS A/S
Ticker: VWS Security ID: K9773J128
Meeting Date: APR 08, 2021 Meeting Type: Annual
Record Date: APR 01, 2021
# Proposal Mgt Rec Vote Cast Sponsor
2 Accounts and Reports For For Management
3 Allocation of Profits/Dividends For For Management
4 Remuneration Report For For Management
5 Directors' Fees For For Management
6.a Elect Anders Runevad For For Management
6.b Elect Bert Nordberg For For Management
6.c Elect Bruce Grant For For Management
6.d Elect Eva Merete Sofelde Berneke For For Management
6.e Elect Helle Thorning-Schmidt For For Management
6.f Elect Karl-Henrik Sundstrom For For Management
6.g Elect Lars Josefsson For For Management
6.h Elect Kentaro Hosomi For For Management
7 Appointment of Auditor For For Management
8.1 Amendments to Remuneration Policy For For Management
8.2 Amendments to Articles regarding the For For Management
Denomination of Shares
8.3 Authority to Issue Shares w/ or w/o For For Management
Preemptive Rights
8.4 Amendments to Articles Regarding For For Management
Virtual meetings
8.5 Amendments to Articles Regarding For For Management
Electronic Communication
8.6 Special Dividend For For Management
8.7 Authority to Repurchase Shares For For Management
9 Authorization of Legal Formalities For For Management
--------------------------------------------------------------------------------
VISA INC.
Ticker: V Security ID: 92826C839
Meeting Date: JAN 26, 2021 Meeting Type: Annual
Record Date: NOV 27, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1A. Elect Lloyd A. Carney For Against Management
1B. Elect Mary B. Cranston For For Management
1C. Elect Francisco Javier For For Management
Fernandez-Carbajal
1D. Elect Alfred F. Kelly, Jr. For For Management
1E. Elect Ramon L. Laguarta For For Management
1F. Elect John F. Lundgren For For Management
1G. Elect Robert W. Matschullat For For Management
1H. Elect Denise M. Morrison For For Management
1I. Elect Suzanne Nora Johnson For For Management
1J. Elect Linda J. Rendle For For Management
1K. Elect John A.C. Swainson For For Management
1L. Elect Maynard G. Webb For For Management
2. Advisory Vote on Executive Compensation For Against Management
3. Ratification of Auditor For For Management
4. Amendment to the 2007 Equity Incentive For For Management
Plan
5. Shareholder Right to Call Special For For Management
Meetings
6. Shareholder Proposal Regarding Right Against For Shareholder
to Act by Written Consent
7. Shareholder Proposal Regarding Against Against Shareholder
Improvement of Guiding Principles of
Executive Compensation
--------------------------------------------------------------------------------
WOLTERS KLUWER NV
Ticker: WKL Security ID: N9643A197
Meeting Date: APR 22, 2021 Meeting Type: Annual
Record Date: MAR 25, 2021
# Proposal Mgt Rec Vote Cast Sponsor
2.c. Remuneration Report For For Management
3.a. Accounts and Reports For For Management
3.c. Allocation of Profits/Dividends For For Management
4.a. Ratification of Management Board Acts For For Management
4.b. Ratification of Supervisory Board Acts For For Management
5.a. Elect Frans Cremers to the Supervisory For For Management
Board
5.b. Elect Ann E. Ziegler to the For For Management
Supervisory Board
6. Elect Kevin Entricken to the For For Management
Management Board
7. Management Board Remuneration Policy For For Management
8.a. Authority to Issue Shares w/ For For Management
Preemptive Rights
8.b. Authority to Suppress Preemptive Rights For For Management
9. Authority to Repurchase Shares For For Management
10. Cancellation of Shares For For Management
========== END NPX REPORT
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
VANGUARD SPECIALIZED FUNDS
By: /s/Mortimer J. Buckley
Mortimer J. Buckley*
Chief Executive Officer, President, and Trustee
Date: August 24, 2021
*By: /s/Anne E. Robinson
Anne E. Robinson, pursuant to a Power of Attorney filed on October 23, 2020, see
File Number 2-52698. Incorporated by Reference.