

| GRAHAM HOLDINGS COMPANY | 04/05/2017 AGM | |
|---|---|---|
| 1.01 | Re-Elect Lee C. Bollinger | Withhold |
| 1.02 | Re-Elect Thomas S. Gayner | Withhold |
| 1.03 | Re-Elect Donald E. Graham | Withhold |
| 1.04 | Re-Elect Timothy J. O'Shaughnessy | For |
| 1.05 | Re-Elect G. Richard Wagoner, Jr. | For |
| 1.06 | Re-Elect Katharine Weymouth | Withhold |
| 2 | Advisory Vote on Executive Compensation | Abstain |
| 3 | Approve the Frequency of Future Advisory Votes on Executive Compensation | 1 |
| 4 | Re-approval of the Graham Holdings Company 2012 Incentive Compensation Plan Performance Goals. | Oppose |