Item 5.07. Submission of Matters to a Vote of Security Holders.

On October 9, 2020, the annual meeting of the shareholders of Value Line, Inc. was held to consider three proposals. Final votes have been tabulated and reported by American Stock Transfer & Trust Company, LLC, the Company's transfer agent. Details of the voting are provided below:

Proposal 1:

To elect the following nominees as Directors of the Company.

                       Votes For   Withheld

Howard A. Brecher      9,025,779   287,380

Stephen R. Anastasio   8,897,945   415,214

Mary Bernstein         9,025,476   287,683

Alfred R. Fiore        9,249,784    63,375

Stephen P. Davis       9,249,784    63,375

Glenn J. Muenzer       9,124,165   188,994






Proposal 2:
                                 Votes          Votes                    Broker
                                  For          Against    Abstentions   Non-Vote

Advisory vote on executive
compensation, commonly
referred to as "say-on-pay"    9,296,445       13,417        3,295         0






Proposal 3:
                         Every 1 Year Every 2 Years Every 3 Years Abstentions   Broker
                                                                               Non-Vote

Advisory vote on
frequency of future
stockholder advisory
votes on executive
compensation "say
when-on-pay"               327,848        9,267       8,899,493      76,550        0

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