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BAYER AG 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated October 14, 2026.

  • 46Reported items
  • 225Asset managers
  • 4,426Fund votes
  • April 26, 2024Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from BAYER AG has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore BAYER AG in the interactive database Compare manager voting policies

How asset managers voted at the BAYER AG 2023-2024 meeting

Each item below shows how the 225 asset managers that disclosed a BAYER AG vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of BAYER AG’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Ertharin Cousin to the Supervisory Board

No official resultsDIRECTOR ELECTIONS

99.3% of fund votes cast · no official result

FOR
Details: votes by 76 asset managers

The 76 asset managers below reported 144,777,661 for, 1,009,643 against, 408 abstained, 48,824 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 144,777,661AGAINST: 1,009,643ABSTAIN: 408NOT VOTED: 48,824
Largest asset managers voting on “Elect Ertharin Cousin to the Supervisory Board” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard26,976,9070 00For
Dodge & Cox25,762,6300 00For
HARRIS ASSOCIATES INVESTMENT TRUST25,199,5680 00For
BlackRock23,722,5880 00For
Fidelity9,602,5250 00For
Dimensional4,867,9320 00For
T. Rowe Price4,771,8640 00For
Capital Group3,714,2400 00For
MFS2,574,3790 00For
State Street2,301,3780 00For
INTERNATIONAL GROWTH & INCOME FUND1,481,4360 00For
TIAA1,454,5930 00For
Bridge Builder Trust1,284,0030 00For
Six Circles Trust1,238,1590 00For
JPMorgan1,147,3950 00For
Jackson National960,7820 00For
Equitable927,4110 00For
WisdomTree755,9920 00For
Northwestern Mutual690,0000 00For
Lincoln Financial423,4360 00For
DWS424,9490 00For
Natixis404,0300 00For
Columbia Threadneedle366,5720 00For
Northern Trust300,5510 00For
John Hancock33,683266,685 00Mixed

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

2. Elect Horst Baier to the Supervisory Board

No official resultsDIRECTOR ELECTIONS

99.6% of fund votes cast · no official result

FOR
Details: votes by 76 asset managers

The 76 asset managers below reported 145,295,804 for, 491,500 against, 408 abstained, 48,824 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 145,295,804AGAINST: 491,500ABSTAIN: 408NOT VOTED: 48,824
Largest asset managers voting on “Elect Horst Baier to the Supervisory Board” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard26,976,9070 00For
Dodge & Cox25,762,6300 00For
HARRIS ASSOCIATES INVESTMENT TRUST25,199,5680 00For
BlackRock23,722,5880 00For
Fidelity9,602,5250 00For
Dimensional4,867,9320 00For
T. Rowe Price4,771,8640 00For
Capital Group3,714,2400 00For
MFS2,574,3790 00For
State Street2,301,3780 00For
INTERNATIONAL GROWTH & INCOME FUND1,481,4360 00For
TIAA1,454,5930 00For
Bridge Builder Trust1,284,0030 00For
Six Circles Trust1,238,1590 00For
JPMorgan1,147,3950 00For
Jackson National960,7820 00For
Equitable927,4110 00For
WisdomTree755,9920 00For
Northwestern Mutual690,0000 00For
Lincoln Financial423,4360 00For
DWS424,9490 00For
Natixis404,0300 00For
Columbia Threadneedle0366,572 00Against
Northern Trust300,5510 00For
John Hancock300,3680 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

3. Elect Jeffrey Ubben to the Supervisory Board

No official resultsDIRECTOR ELECTIONS

99.9% of fund votes cast · no official result

FOR
Details: votes by 76 asset managers

The 76 asset managers below reported 145,778,617 for, 8,687 against, 408 abstained, 48,824 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 145,778,617AGAINST: 8,687ABSTAIN: 408NOT VOTED: 48,824
Largest asset managers voting on “Elect Jeffrey Ubben to the Supervisory Board” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard26,976,9070 00For
Dodge & Cox25,762,6300 00For
HARRIS ASSOCIATES INVESTMENT TRUST25,199,5680 00For
BlackRock23,722,5880 00For
Fidelity9,602,5250 00For
Dimensional4,867,9320 00For
T. Rowe Price4,771,8640 00For
Capital Group3,714,2400 00For
MFS2,574,3790 00For
State Street2,301,3780 00For
INTERNATIONAL GROWTH & INCOME FUND1,481,4360 00For
TIAA1,454,5930 00For
Bridge Builder Trust1,284,0030 00For
Six Circles Trust1,238,1590 00For
JPMorgan1,147,3950 00For
Jackson National960,7820 00For
Equitable927,4110 00For
WisdomTree755,9920 00For
Northwestern Mutual690,0000 00For
Lincoln Financial423,4360 00For
DWS424,9490 00For
Natixis404,0300 00For
Columbia Threadneedle366,5720 00For
Northern Trust300,5510 00For
John Hancock300,3680 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

4. Elect Lori Schechter to the Supervisory Board

No official resultsDIRECTOR ELECTIONS

99.9% of fund votes cast · no official result

FOR
Details: votes by 76 asset managers

The 76 asset managers below reported 145,778,617 for, 8,687 against, 408 abstained, 48,824 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 145,778,617AGAINST: 8,687ABSTAIN: 408NOT VOTED: 48,824
Largest asset managers voting on “Elect Lori Schechter to the Supervisory Board” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard26,976,9070 00For
Dodge & Cox25,762,6300 00For
HARRIS ASSOCIATES INVESTMENT TRUST25,199,5680 00For
BlackRock23,722,5880 00For
Fidelity9,602,5250 00For
Dimensional4,867,9320 00For
T. Rowe Price4,771,8640 00For
Capital Group3,714,2400 00For
MFS2,574,3790 00For
State Street2,301,3780 00For
INTERNATIONAL GROWTH & INCOME FUND1,481,4360 00For
TIAA1,454,5930 00For
Bridge Builder Trust1,284,0030 00For
Six Circles Trust1,238,1590 00For
JPMorgan1,147,3950 00For
Jackson National960,7820 00For
Equitable927,4110 00For
WisdomTree755,9920 00For
Northwestern Mutual690,0000 00For
Lincoln Financial423,4360 00For
DWS424,9490 00For
Natixis404,0300 00For
Columbia Threadneedle366,5720 00For
Northern Trust300,5510 00For
John Hancock300,3680 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

5. Elect Nancy Simonian to the Supervisory Board

No official resultsDIRECTOR ELECTIONS

99.9% of fund votes cast · no official result

FOR
Details: votes by 76 asset managers

The 76 asset managers below reported 145,778,617 for, 8,687 against, 408 abstained, 48,824 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 145,778,617AGAINST: 8,687ABSTAIN: 408NOT VOTED: 48,824
Largest asset managers voting on “Elect Nancy Simonian to the Supervisory Board” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard26,976,9070 00For
Dodge & Cox25,762,6300 00For
HARRIS ASSOCIATES INVESTMENT TRUST25,199,5680 00For
BlackRock23,722,5880 00For
Fidelity9,602,5250 00For
Dimensional4,867,9320 00For
T. Rowe Price4,771,8640 00For
Capital Group3,714,2400 00For
MFS2,574,3790 00For
State Street2,301,3780 00For
INTERNATIONAL GROWTH & INCOME FUND1,481,4360 00For
TIAA1,454,5930 00For
Bridge Builder Trust1,284,0030 00For
Six Circles Trust1,238,1590 00For
JPMorgan1,147,3950 00For
Jackson National960,7820 00For
Equitable927,4110 00For
WisdomTree755,9920 00For
Northwestern Mutual690,0000 00For
Lincoln Financial423,4360 00For
DWS424,9490 00For
Natixis404,0300 00For
Columbia Threadneedle366,5720 00For
Northern Trust300,5510 00For
John Hancock300,3680 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

6. Elect Ertharin Cousin

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 12,774,193 for, 98,769 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,774,193ABSTAIN: 98,769
Largest asset managers voting on “Elect Ertharin Cousin” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Putnam4,119,2510 00For
Charles Schwab3,589,6820 00For
SEI1,975,9610 00For
VanEck ETF Trust1,836,9370 00For
Adviser Managed Trust567,6150 00For
Mercer Funds265,9050 00For
Russell Investments237,8380 00For
Brighthouse2,4210 98,7690Abstain
Empower89,7000 00For
Prudential/PGIM46,4630 00For
Global X37,5940 00For
Hartford4,7070 00For
Northern Lights Fund Trust IV1190 00For

7. Elect Horst Baier

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 12,774,193 for, 98,769 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,774,193ABSTAIN: 98,769
Largest asset managers voting on “Elect Horst Baier” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Putnam4,119,2510 00For
Charles Schwab3,589,6820 00For
SEI1,975,9610 00For
VanEck ETF Trust1,836,9370 00For
Adviser Managed Trust567,6150 00For
Mercer Funds265,9050 00For
Russell Investments237,8380 00For
Brighthouse2,4210 98,7690Abstain
Empower89,7000 00For
Prudential/PGIM46,4630 00For
Global X37,5940 00For
Hartford4,7070 00For
Northern Lights Fund Trust IV1190 00For

8. Elect Jeffrey W. Ubben

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 12,774,193 for, 98,769 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,774,193ABSTAIN: 98,769
Largest asset managers voting on “Elect Jeffrey W. Ubben” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Putnam4,119,2510 00For
Charles Schwab3,589,6820 00For
SEI1,975,9610 00For
VanEck ETF Trust1,836,9370 00For
Adviser Managed Trust567,6150 00For
Mercer Funds265,9050 00For
Russell Investments237,8380 00For
Brighthouse2,4210 98,7690Abstain
Empower89,7000 00For
Prudential/PGIM46,4630 00For
Global X37,5940 00For
Hartford4,7070 00For
Northern Lights Fund Trust IV1190 00For

9. Elect Lori A. Schechter

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 12,774,193 for, 98,769 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,774,193ABSTAIN: 98,769
Largest asset managers voting on “Elect Lori A. Schechter” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Putnam4,119,2510 00For
Charles Schwab3,589,6820 00For
SEI1,975,9610 00For
VanEck ETF Trust1,836,9370 00For
Adviser Managed Trust567,6150 00For
Mercer Funds265,9050 00For
Russell Investments237,8380 00For
Brighthouse2,4210 98,7690Abstain
Empower89,7000 00For
Prudential/PGIM46,4630 00For
Global X37,5940 00For
Hartford4,7070 00For
Northern Lights Fund Trust IV1190 00For

10. Elect Nancy A. Simonian

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 12,774,193 for, 98,769 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,774,193ABSTAIN: 98,769
Largest asset managers voting on “Elect Nancy A. Simonian” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Putnam4,119,2510 00For
Charles Schwab3,589,6820 00For
SEI1,975,9610 00For
VanEck ETF Trust1,836,9370 00For
Adviser Managed Trust567,6150 00For
Mercer Funds265,9050 00For
Russell Investments237,8380 00For
Brighthouse2,4210 98,7690Abstain
Empower89,7000 00For
Prudential/PGIM46,4630 00For
Global X37,5940 00For
Hartford4,7070 00For
Northern Lights Fund Trust IV1190 00For

11. Resolution on ratification of the actions of the members of the Board of Management.

Combines 2 wordings of this item as funds reported it.

98% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 9 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 7 asset managers voting on “Resolution on ratification of the actions of the members of the Board of Management.” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
World Funds Trust183,0000 00For
Pacer Funds Trust27,4160 00For
TRUST FOR PROFESSIONAL MANAGERS19,2610 00For
CITY NATIONAL ROCHDALE FUNDS13,9960 00For
EA Series Trust13,3180 00For
Ultimus Managers Trust05,250 00Against
AltShares Trust2,6000 00For

Fund voting reports, all 7 managers: 259,591 for, 5,250 against.

Institutional-manager reports: 2 asset managers voting on “Resolution on ratification of the actions of the members of the Board of Management.” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
HOWLAND CAPITAL MANAGEMENT LLC26,4500 00For
Boltwood Capital Management3000 00For

Institutional-manager reports, all 2 managers: 26,750 for.

12. Resolution on ratification of the actions of the members of the Supervisory Board.

Combines 3 wordings of this item as funds reported it.

98% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 9 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 7 asset managers voting on “Resolution on ratification of the actions of the members of the Supervisory Board.” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
World Funds Trust183,0000 00For
Pacer Funds Trust27,4160 00For
TRUST FOR PROFESSIONAL MANAGERS19,2610 00For
CITY NATIONAL ROCHDALE FUNDS13,9960 00For
EA Series Trust13,3180 00For
Ultimus Managers Trust05,250 00Against
AltShares Trust2,6000 00For

Fund voting reports, all 7 managers: 259,591 for, 5,250 against.

Institutional-manager reports: 2 asset managers voting on “Resolution on ratification of the actions of the members of the Supervisory Board.” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
HOWLAND CAPITAL MANAGEMENT LLC26,4500 00For
Boltwood Capital Management3000 00For

Institutional-manager reports, all 2 managers: 26,750 for.

13. Supervisory Board election: Ertharin Cousin

98% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 9 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 7 asset managers voting on “Supervisory Board election: Ertharin Cousin” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
World Funds Trust183,0000 00For
Pacer Funds Trust27,4160 00For
TRUST FOR PROFESSIONAL MANAGERS19,2610 00For
CITY NATIONAL ROCHDALE FUNDS13,9960 00For
EA Series Trust13,3180 00For
Ultimus Managers Trust05,250 00Against
AltShares Trust2,6000 00For

Fund voting reports, all 7 managers: 259,591 for, 5,250 against.

Institutional-manager reports: 2 asset managers voting on “Supervisory Board election: Ertharin Cousin” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
HOWLAND CAPITAL MANAGEMENT LLC26,4500 00For
Boltwood Capital Management3000 00For

Institutional-manager reports, all 2 managers: 26,750 for.

14. Approval of Intra-Company Control Agreement

No official resultsEXTRAORDINARY TRANSACTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 12,774,193 for, 98,769 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,774,193ABSTAIN: 98,769
Largest asset managers voting on “Approval of Intra-Company Control Agreement” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Putnam4,119,2510 00For
Charles Schwab3,589,6820 00For
SEI1,975,9610 00For
VanEck ETF Trust1,836,9370 00For
Adviser Managed Trust567,6150 00For
Mercer Funds265,9050 00For
Russell Investments237,8380 00For
Brighthouse2,4210 98,7690Abstain
Empower89,7000 00For
Prudential/PGIM46,4630 00For
Global X37,5940 00For
Hartford4,7070 00For
Northern Lights Fund Trust IV1190 00For

15. Approve Affiliation Agreement with Bayer CropScience AG

No official resultsCORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 76 asset managers

The 76 asset managers below reported 145,787,304 for, 408 abstained, 48,824 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 145,787,304ABSTAIN: 408NOT VOTED: 48,824
Largest asset managers voting on “Approve Affiliation Agreement with Bayer CropScience AG” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard26,976,9070 00For
Dodge & Cox25,762,6300 00For
HARRIS ASSOCIATES INVESTMENT TRUST25,199,5680 00For
BlackRock23,722,5880 00For
Fidelity9,602,5250 00For
Dimensional4,867,9320 00For
T. Rowe Price4,771,8640 00For
Capital Group3,714,2400 00For
MFS2,574,3790 00For
State Street2,301,3780 00For
INTERNATIONAL GROWTH & INCOME FUND1,481,4360 00For
TIAA1,454,5930 00For
Bridge Builder Trust1,284,0030 00For
Six Circles Trust1,238,1590 00For
JPMorgan1,147,3950 00For
Jackson National960,7820 00For
Equitable927,4110 00For
WisdomTree755,9920 00For
Northwestern Mutual690,0000 00For
Lincoln Financial423,4360 00For
DWS424,9490 00For
Natixis404,0300 00For
Columbia Threadneedle366,5720 00For
Northern Trust300,5510 00For
John Hancock300,3680 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

16. Resolution on the approval of the Control and Profit and Loss Transfer Agreement between the Company and Bayer…

Combines 2 wordings of this item as funds reported it.

98% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: Resolution on the approval of the Control and Profit and Loss Transfer Agreement between the Company and Bayer CropScience Aktiengesellschaft.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 7 asset managers voting on “Resolution on the approval of the Control and Profit and Loss Transfer Agreement between the Company and Bayer” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
World Funds Trust183,0000 00For
Pacer Funds Trust27,4160 00For
TRUST FOR PROFESSIONAL MANAGERS19,2610 00For
CITY NATIONAL ROCHDALE FUNDS13,9960 00For
EA Series Trust13,3180 00For
Ultimus Managers Trust05,250 00Against
AltShares Trust2,6000 00For

Fund voting reports, all 7 managers: 259,591 for, 5,250 against.

Institutional-manager reports: 2 asset managers voting on “Resolution on the approval of the Control and Profit and Loss Transfer Agreement between the Company and Bayer” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
HOWLAND CAPITAL MANAGEMENT LLC26,4500 00For
Boltwood Capital Management3000 00For

Institutional-manager reports, all 2 managers: 26,750 for.

17. Authorize Share Repurchase Program and Reissuance or Cancellation of Repurchased Shares

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 76 asset managers

The 76 asset managers below reported 145,787,304 for, 408 abstained, 48,824 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 145,787,304ABSTAIN: 408NOT VOTED: 48,824
Largest asset managers voting on “Authorize Share Repurchase Program and Reissuance or Cancellation of Repurchased Shares” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard26,976,9070 00For
Dodge & Cox25,762,6300 00For
HARRIS ASSOCIATES INVESTMENT TRUST25,199,5680 00For
BlackRock23,722,5880 00For
Fidelity9,602,5250 00For
Dimensional4,867,9320 00For
T. Rowe Price4,771,8640 00For
Capital Group3,714,2400 00For
MFS2,574,3790 00For
State Street2,301,3780 00For
INTERNATIONAL GROWTH & INCOME FUND1,481,4360 00For
TIAA1,454,5930 00For
Bridge Builder Trust1,284,0030 00For
Six Circles Trust1,238,1590 00For
JPMorgan1,147,3950 00For
Jackson National960,7820 00For
Equitable927,4110 00For
WisdomTree755,9920 00For
Northwestern Mutual690,0000 00For
Lincoln Financial423,4360 00For
DWS424,9490 00For
Natixis404,0300 00For
Columbia Threadneedle366,5720 00For
Northern Trust300,5510 00For
John Hancock300,3680 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

18. Authorize Use of Financial Derivatives when Repurchasing Shares

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 76 asset managers

The 76 asset managers below reported 145,787,304 for, 408 abstained, 48,824 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 145,787,304ABSTAIN: 408NOT VOTED: 48,824
Largest asset managers voting on “Authorize Use of Financial Derivatives when Repurchasing Shares” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard26,976,9070 00For
Dodge & Cox25,762,6300 00For
HARRIS ASSOCIATES INVESTMENT TRUST25,199,5680 00For
BlackRock23,722,5880 00For
Fidelity9,602,5250 00For
Dimensional4,867,9320 00For
T. Rowe Price4,771,8640 00For
Capital Group3,714,2400 00For
MFS2,574,3790 00For
State Street2,301,3780 00For
INTERNATIONAL GROWTH & INCOME FUND1,481,4360 00For
TIAA1,454,5930 00For
Bridge Builder Trust1,284,0030 00For
Six Circles Trust1,238,1590 00For
JPMorgan1,147,3950 00For
Jackson National960,7820 00For
Equitable927,4110 00For
WisdomTree755,9920 00For
Northwestern Mutual690,0000 00For
Lincoln Financial423,4360 00For
DWS424,9490 00For
Natixis404,0300 00For
Columbia Threadneedle366,5720 00For
Northern Trust300,5510 00For
John Hancock300,3680 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

19. Authority to Repurchase Shares Using Equity Derivatives

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 12,872,962 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,872,962
Largest asset managers voting on “Authority to Repurchase Shares Using Equity Derivatives” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Putnam4,119,2510 00For
Charles Schwab3,589,6820 00For
SEI1,975,9610 00For
VanEck ETF Trust1,836,9370 00For
Adviser Managed Trust567,6150 00For
Mercer Funds265,9050 00For
Russell Investments237,8380 00For
Brighthouse101,1900 00For
Empower89,7000 00For
Prudential/PGIM46,4630 00For
Global X37,5940 00For
Hartford4,7070 00For
Northern Lights Fund Trust IV1190 00For

20. Authority to Repurchase and Reissue Shares

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 12,872,962 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,872,962
Largest asset managers voting on “Authority to Repurchase and Reissue Shares” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Putnam4,119,2510 00For
Charles Schwab3,589,6820 00For
SEI1,975,9610 00For
VanEck ETF Trust1,836,9370 00For
Adviser Managed Trust567,6150 00For
Mercer Funds265,9050 00For
Russell Investments237,8380 00For
Brighthouse101,1900 00For
Empower89,7000 00For
Prudential/PGIM46,4630 00For
Global X37,5940 00For
Hartford4,7070 00For
Northern Lights Fund Trust IV1190 00For

21. Own shares: Authorization to acquire and use own shares.

Combines 2 wordings of this item as funds reported it.

98% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 9 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 7 asset managers voting on “Own shares: Authorization to acquire and use own shares.” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
World Funds Trust183,0000 00For
Pacer Funds Trust27,4160 00For
TRUST FOR PROFESSIONAL MANAGERS19,2610 00For
CITY NATIONAL ROCHDALE FUNDS13,9960 00For
EA Series Trust13,3180 00For
Ultimus Managers Trust05,250 00Against
AltShares Trust2,6000 00For

Fund voting reports, all 7 managers: 259,591 for, 5,250 against.

Institutional-manager reports: 2 asset managers voting on “Own shares: Authorization to acquire and use own shares.” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
HOWLAND CAPITAL MANAGEMENT LLC26,4500 00For
Boltwood Capital Management3000 00For

Institutional-manager reports, all 2 managers: 26,750 for.

22. Own shares: Authorization to acquire own shares using derivatives.

Combines 2 wordings of this item as funds reported it.

98% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 9 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 7 asset managers voting on “Own shares: Authorization to acquire own shares using derivatives.” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
World Funds Trust183,0000 00For
Pacer Funds Trust27,4160 00For
TRUST FOR PROFESSIONAL MANAGERS19,2610 00For
CITY NATIONAL ROCHDALE FUNDS13,9960 00For
EA Series Trust13,3180 00For
Ultimus Managers Trust05,250 00Against
AltShares Trust2,6000 00For

Fund voting reports, all 7 managers: 259,591 for, 5,250 against.

Institutional-manager reports: 2 asset managers voting on “Own shares: Authorization to acquire own shares using derivatives.” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
HOWLAND CAPITAL MANAGEMENT LLC26,4500 00For
Boltwood Capital Management3000 00For

Institutional-manager reports, all 2 managers: 26,750 for.

23. Approve Discharge of Management Board for Fiscal Year 2023

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 76 asset managers

The 76 asset managers below reported 145,786,957 for, 408 abstained, 48,824 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 145,786,957ABSTAIN: 408NOT VOTED: 48,824
Largest asset managers voting on “Approve Discharge of Management Board for Fiscal Year 2023” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard26,976,9070 00For
Dodge & Cox25,762,6300 00For
HARRIS ASSOCIATES INVESTMENT TRUST25,199,5680 00For
BlackRock23,722,5880 00For
Fidelity9,602,5250 00For
Dimensional4,867,9320 00For
T. Rowe Price4,771,8640 00For
Capital Group3,714,2400 00For
MFS2,574,3790 00For
State Street2,301,3780 00For
INTERNATIONAL GROWTH & INCOME FUND1,481,4360 00For
TIAA1,454,5930 00For
Bridge Builder Trust1,284,0030 00For
Six Circles Trust1,238,1590 00For
JPMorgan1,147,3950 00For
Jackson National960,7820 00For
Equitable927,4110 00For
WisdomTree755,9920 00For
Northwestern Mutual690,0000 00For
Lincoln Financial423,4360 00For
DWS424,9490 00For
Natixis404,0300 00For
Columbia Threadneedle366,5720 00For
Northern Trust300,5510 00For
John Hancock300,3680 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

24. Approve Discharge of Supervisory Board for Fiscal Year 2023

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 76 asset managers

The 76 asset managers below reported 145,787,304 for, 408 abstained, 48,824 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 145,787,304ABSTAIN: 408NOT VOTED: 48,824
Largest asset managers voting on “Approve Discharge of Supervisory Board for Fiscal Year 2023” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard26,976,9070 00For
Dodge & Cox25,762,6300 00For
HARRIS ASSOCIATES INVESTMENT TRUST25,199,5680 00For
BlackRock23,722,5880 00For
Fidelity9,602,5250 00For
Dimensional4,867,9320 00For
T. Rowe Price4,771,8640 00For
Capital Group3,714,2400 00For
MFS2,574,3790 00For
State Street2,301,3780 00For
INTERNATIONAL GROWTH & INCOME FUND1,481,4360 00For
TIAA1,454,5930 00For
Bridge Builder Trust1,284,0030 00For
Six Circles Trust1,238,1590 00For
JPMorgan1,147,3950 00For
Jackson National960,7820 00For
Equitable927,4110 00For
WisdomTree755,9920 00For
Northwestern Mutual690,0000 00For
Lincoln Financial423,4360 00For
DWS424,9490 00For
Natixis404,0300 00For
Columbia Threadneedle366,5720 00For
Northern Trust300,5510 00For
John Hancock300,3680 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

25. Receive Financial Statements and Statutory Reports; Approve Allocation of Income and Dividends of EUR 0.11 per Share…

No official resultsCORPORATE GOVERNANCE

99.9% of fund votes cast · no official result

FOR
Details: description as filed, votes by 76 asset managers

Description as filed by funds: Receive Financial Statements and Statutory Reports; Approve Allocation of Income and Dividends of EUR 0.11 per Share for Fiscal Year 2023

The 76 asset managers below reported 145,671,063 for, 116,241 against, 408 abstained, 48,824 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 145,671,063AGAINST: 116,241ABSTAIN: 408NOT VOTED: 48,824
Largest asset managers voting on “Receive Financial Statements and Statutory Reports; Approve Allocation of Income and Dividends of EUR 0.11 per” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard26,976,9070 00For
Dodge & Cox25,762,6300 00For
HARRIS ASSOCIATES INVESTMENT TRUST25,199,5680 00For
BlackRock23,722,5880 00For
Fidelity9,602,5250 00For
Dimensional4,867,9320 00For
T. Rowe Price4,771,8640 00For
Capital Group3,714,2400 00For
MFS2,574,3790 00For
State Street2,301,3780 00For
INTERNATIONAL GROWTH & INCOME FUND1,481,4360 00For
TIAA1,454,5930 00For
Bridge Builder Trust1,284,0030 00For
Six Circles Trust1,238,1590 00For
JPMorgan1,147,3950 00For
Jackson National960,7820 00For
Equitable927,4110 00For
WisdomTree755,9920 00For
Northwestern Mutual690,0000 00For
Lincoln Financial423,4360 00For
DWS424,9490 00For
Natixis404,0300 00For
Columbia Threadneedle366,5720 00For
Northern Trust300,5510 00For
John Hancock300,3680 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

26. Allocation of Dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 12,774,193 for, 98,769 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,774,193ABSTAIN: 98,769
Largest asset managers voting on “Allocation of Dividends” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Putnam4,119,2510 00For
Charles Schwab3,589,6820 00For
SEI1,975,9610 00For
VanEck ETF Trust1,836,9370 00For
Adviser Managed Trust567,6150 00For
Mercer Funds265,9050 00For
Russell Investments237,8380 00For
Brighthouse2,4210 98,7690Abstain
Empower89,7000 00For
Prudential/PGIM46,4630 00For
Global X37,5940 00For
Hartford4,7070 00For
Northern Lights Fund Trust IV1190 00For

27. Ratification of Management Board Acts

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 12,774,193 for, 98,769 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,774,193ABSTAIN: 98,769
Largest asset managers voting on “Ratification of Management Board Acts” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Putnam4,119,2510 00For
Charles Schwab3,589,6820 00For
SEI1,975,9610 00For
VanEck ETF Trust1,836,9370 00For
Adviser Managed Trust567,6150 00For
Mercer Funds265,9050 00For
Russell Investments237,8380 00For
Brighthouse2,4210 98,7690Abstain
Empower89,7000 00For
Prudential/PGIM46,4630 00For
Global X37,5940 00For
Hartford4,7070 00For
Northern Lights Fund Trust IV1190 00For

28. Ratification of Supervisory Board Acts

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 12,774,193 for, 98,769 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,774,193ABSTAIN: 98,769
Largest asset managers voting on “Ratification of Supervisory Board Acts” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Putnam4,119,2510 00For
Charles Schwab3,589,6820 00For
SEI1,975,9610 00For
VanEck ETF Trust1,836,9370 00For
Adviser Managed Trust567,6150 00For
Mercer Funds265,9050 00For
Russell Investments237,8380 00For
Brighthouse2,4210 98,7690Abstain
Empower89,7000 00For
Prudential/PGIM46,4630 00For
Global X37,5940 00For
Hartford4,7070 00For
Northern Lights Fund Trust IV1190 00For

29. Presentation of the confirmed annual financial statements and the approved consolidated financial statements, the…

Combines 2 wordings of this item as funds reported it.

98% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: Presentation of the confirmed annual financial statements and the approved consolidated financial statements, the combined management report of Bayer Aktiengesellschaft and the Bayer Group, the report of the Supervisory Board and the proposal by the Board of Management on the use of the distributable profit for the fiscal year 2023, and resolution on the use of the distributable profit.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 7 asset managers voting on “Presentation of the confirmed annual financial statements and the approved consolidated financial statements, ” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
World Funds Trust183,0000 00For
Pacer Funds Trust27,4160 00For
TRUST FOR PROFESSIONAL MANAGERS19,2610 00For
CITY NATIONAL ROCHDALE FUNDS13,9960 00For
EA Series Trust13,3180 00For
Ultimus Managers Trust05,250 00Against
AltShares Trust2,6000 00For

Fund voting reports, all 7 managers: 259,591 for, 5,250 against.

Institutional-manager reports: 2 asset managers voting on “Presentation of the confirmed annual financial statements and the approved consolidated financial statements, ” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
HOWLAND CAPITAL MANAGEMENT LLC26,4500 00For
Boltwood Capital Management3000 00For

Institutional-manager reports, all 2 managers: 26,750 for.

30. Voting Instructions for Motions or Nominations by Shareholders that are not Made Accessible Before the AGM and that are…

0.2% of fund votes cast · no official result

AGAINSTABSTAIN
Details: description as filed, votes by 76 asset managers

Description as filed by funds: Voting Instructions for Motions or Nominations by Shareholders that are not Made Accessible Before the AGM and that are Made or Amended in the Course of the AGM

The 76 asset managers below reported 143,589 for, 119,775,916 against, 25,868,207 abstained, 48,824 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 143,589AGAINST: 119,775,916ABSTAIN: 25,868,207NOT VOTED: 48,824
Largest asset managers voting on “Voting Instructions for Motions or Nominations by Shareholders that are not Made Accessible Before the AGM and” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard026,976,907 00Against
Dodge & Cox025,762,630 00Against
HARRIS ASSOCIATES INVESTMENT TRUST025,199,568 00Against
BlackRock00 23,722,5880Abstain
Fidelity09,602,525 00Against
Dimensional04,867,932 00Against
T. Rowe Price04,771,864 00Against
Capital Group03,714,240 00Against
MFS02,574,379 00Against
State Street02,301,378 00Against
INTERNATIONAL GROWTH & INCOME FUND01,481,436 00Against
TIAA01,454,593 00Against
Bridge Builder Trust01,229,544 54,4590Against
Six Circles Trust00 1,238,1590Abstain
JPMorgan01,147,395 00Against
Jackson National0960,782 00Against
Equitable0651,084 276,3270Mixed
WisdomTree0755,992 00Against
Northwestern Mutual0690,000 00Against
Lincoln Financial0141,672 281,7640Mixed
DWS0424,949 00Against
Natixis0404,030 00Against
Columbia Threadneedle0366,572 00Against
Northern Trust0300,551 00Against
John Hancock0300,368 00Against

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

31. Resolution on the approval of the Compensation Report.

No official resultsSECTION 14A SAY-ON-PAY VOTES

Combines 4 wordings of this item as funds reported it.

97% of fund votes cast · no official result

FOR
Details: votes by 129 asset managers

The 129 asset managers below reported 36,780,852 for, 1,133,840 against, 86,565 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 36,780,852AGAINST: 1,133,840NOT VOTED: 86,565
Largest asset managers voting on “Resolution on the approval of the Compensation Report.” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
EAGLE CAPITAL MANAGEMENT LLC28,065,6700 00For
Natixis2,691,4630 00For
LOEWS CORP2,000,0000 00For
FOUNDATION RESOURCE MANAGEMENT INC01,094,552 00Against
RAYMOND JAMES & ASSOCIATES968,2120 00For
Northern Trust866,2510 00For
PNC BANK, NATIONAL ASSOCIATION628,3270 00For
ENVESTNET ASSET MANAGEMENT INC467,8560 00For
AMG National Trust Bank204,3500 00For
World Funds Trust183,0000 00For
PRIVATE MANAGEMENT GROUP INC00 00Not Voted
OPPENHEIMER ASSET MANAGEMENT INC.70,6860 00For
ADVISOR PARTNERS II, LLC60,1530 00For
BROWN BROTHERS HARRIMAN & CO54,6150 00For
LEVIN CAPITAL STRATEGIES, L.P.47,0000 00For
Corient Private Wealth LLC42,7890 00For
JPMorgan42,2020 00For
Pacer Funds Trust27,4160 00For
HOWLAND CAPITAL MANAGEMENT LLC26,4500 00For
STEPHENS INC /AR/25,1330 00For
MERCER GLOBAL ADVISORS INC /ADV24,0090 00For
Whetstone Capital Advisors, LLC20,5040 00For
TRUST FOR PROFESSIONAL MANAGERS19,2610 00For
RAYMOND JAMES TRUST N.A.18,1160 00For
Kovitz Investment Group Partners, LLC016,912 00Against

Showing the 25 largest of 129 asset managers. See all 129 in the interactive database.

32. APPROVE REMUNERATION REPORT

No official resultsFund totals may overlapSECTION 14A SAY-ON-PAY VOTES

83% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 90 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 74 asset managers voting on “APPROVE REMUNERATION REPORT” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard26,976,9070 00For
Dodge & Cox25,762,6300 00For
HARRIS ASSOCIATES INVESTMENT TRUST25,199,5680 00For
BlackRock023,722,588 00Against
Fidelity9,602,5250 00For
Dimensional4,867,9320 00For
T. Rowe Price4,771,8640 00For
Capital Group3,714,2400 00For
MFS2,574,3790 00For
State Street2,301,3780 00For
INTERNATIONAL GROWTH & INCOME FUND1,481,4360 00For
TIAA1,454,5930 00For
Bridge Builder Trust1,229,54454,459 00For
Six Circles Trust01,238,159 00Against
JPMorgan1,147,3950 00For
Jackson National960,7820 00For
Equitable651,084276,327 00Mixed
WisdomTree755,9920 00For
Northwestern Mutual690,0000 00For
Lincoln Financial141,672281,764 00Mixed
DWS424,9490 00For
Natixis404,0300 00For
Columbia Threadneedle0366,572 00Against
Northern Trust300,5510 00For
John Hancock300,3680 00For

Fund voting reports, all 74 managers: 119,382,969 for, 26,404,335 against, 408 abstained, 48,824 not voted. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 16 asset managers voting on “APPROVE REMUNERATION REPORT” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
ARMISTICE CAPITAL, LLC2,196,0000 00For
JPMorgan1,839,4780 00For
APG Asset Management US Inc.1,444,3170 00For
Northern Trust564,53351,377 00Mixed
Eversept Partners, LP215,5410 00For
South Dakota Investment Council190,4990 00For
Desjardins Global Asset Management Inc.120,6750 00For
Siemens Fonds Invest GmbH0114,001 00Against
1832 Asset Management L.P.88,7070 00For
Korea Investment CORP061,669 00Against
Apollo Management Holdings, L.P.00 48,8800Abstain
WATER ISLAND CAPITAL LLC27,7000 00For
NATIONAL BANK TRUST INC.19,9270 00For
XPONANCE, INC.16,3640 00For
PNC BANK, NATIONAL ASSOCIATION4,2350 00For
Gabelli00 00Not Voted

Institutional-manager reports, all 16 managers: 6,727,976 for, 227,047 against, 48,880 abstained, 250 not voted.

33. APPROVE REMUNERATION POLICY

No official resultsSECTION 14A SAY-ON-PAY VOTES

99.6% of fund votes cast · no official result

FOR
Details: votes by 80 asset managers

The 80 asset managers below reported 145,464,684 for, 540,256 against, 49,288 abstained, 48,824 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 145,464,684AGAINST: 540,256ABSTAIN: 49,288NOT VOTED: 48,824
Largest asset managers voting on “APPROVE REMUNERATION POLICY” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard26,976,9070 00For
Dodge & Cox25,762,6300 00For
HARRIS ASSOCIATES INVESTMENT TRUST25,199,5680 00For
BlackRock23,722,5880 00For
Fidelity9,602,5250 00For
Dimensional4,867,9320 00For
T. Rowe Price4,771,8640 00For
Capital Group3,714,2400 00For
MFS2,574,3790 00For
State Street2,301,3780 00For
INTERNATIONAL GROWTH & INCOME FUND1,481,4360 00For
TIAA1,454,5930 00For
Bridge Builder Trust1,284,0030 00For
Six Circles Trust1,238,1590 00For
JPMorgan1,147,3950 00For
Jackson National960,7820 00For
Equitable927,4110 00For
WisdomTree755,9920 00For
Northwestern Mutual690,0000 00For
Lincoln Financial423,4360 00For
DWS424,9490 00For
Natixis404,0300 00For
Columbia Threadneedle0366,572 00Against
Northern Trust300,5510 00For
John Hancock300,3680 00For

Showing the 25 largest of 80 asset managers. See all 80 in the interactive database.

34. Approval of the compensation system for the members of the Board of Management.

Combines 3 wordings of this item as funds reported it.

98% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 18 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 7 asset managers voting on “Approval of the compensation system for the members of the Board of Management.” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
World Funds Trust183,0000 00For
Pacer Funds Trust27,4160 00For
TRUST FOR PROFESSIONAL MANAGERS19,2610 00For
CITY NATIONAL ROCHDALE FUNDS13,9960 00For
EA Series Trust13,3180 00For
Ultimus Managers Trust05,250 00Against
AltShares Trust2,6000 00For

Fund voting reports, all 7 managers: 259,591 for, 5,250 against.

Institutional-manager reports: 10 asset managers voting on “Approval of the compensation system for the members of the Board of Management.” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
HOWLAND CAPITAL MANAGEMENT LLC26,4500 00For
Belpointe Asset Management LLC13,5620 00For
Janney Montgomery Scott LLC7,9400 00For
Argyle Capital Management Inc.3,2500 00For
First Light Asset Management, LLC2,2470 00For
Aldebaran Capital, LLC01,000 00Against
Boltwood Capital Management3000 00For
First Citizens Financial Corp2250 00For
DUMONT & BLAKE INVESTMENT ADVISORS LLC1730 00For
Clark Capital Management Group, Inc.550 00For

Institutional-manager reports, all 10 managers: 54,202 for, 1,000 against.

35. Management Board Remuneration Policy

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 12,774,193 for, 98,769 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,774,193ABSTAIN: 98,769
Largest asset managers voting on “Management Board Remuneration Policy” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Putnam4,119,2510 00For
Charles Schwab3,589,6820 00For
SEI1,975,9610 00For
VanEck ETF Trust1,836,9370 00For
Adviser Managed Trust567,6150 00For
Mercer Funds265,9050 00For
Russell Investments237,8380 00For
Brighthouse2,4210 98,7690Abstain
Empower89,7000 00For
Prudential/PGIM46,4630 00For
Global X37,5940 00For
Hartford4,7070 00For
Northern Lights Fund Trust IV1190 00For

36. Remuneration Report

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 12,774,193 for, 98,769 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,774,193ABSTAIN: 98,769
Largest asset managers voting on “Remuneration Report” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Putnam4,119,2510 00For
Charles Schwab3,589,6820 00For
SEI1,975,9610 00For
VanEck ETF Trust1,836,9370 00For
Adviser Managed Trust567,6150 00For
Mercer Funds265,9050 00For
Russell Investments237,8380 00For
Brighthouse2,4210 98,7690Abstain
Empower89,7000 00For
Prudential/PGIM46,4630 00For
Global X37,5940 00For
Hartford4,7070 00For
Northern Lights Fund Trust IV1190 00For

37. Ratify Deloitte GmbH as Auditors for Fiscal Year 2024 and for the Review of Interim Financial Statements for Fiscal…

No official resultsAUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 76 asset managers

Description as filed by funds: Ratify Deloitte GmbH as Auditors for Fiscal Year 2024 and for the Review of Interim Financial Statements for Fiscal Year 2024 and First Quarter of Fiscal Year 2025

The 76 asset managers below reported 145,787,304 for, 408 abstained, 48,824 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 145,787,304ABSTAIN: 408NOT VOTED: 48,824
Largest asset managers voting on “Ratify Deloitte GmbH as Auditors for Fiscal Year 2024 and for the Review of Interim Financial Statements for F” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard26,976,9070 00For
Dodge & Cox25,762,6300 00For
HARRIS ASSOCIATES INVESTMENT TRUST25,199,5680 00For
BlackRock23,722,5880 00For
Fidelity9,602,5250 00For
Dimensional4,867,9320 00For
T. Rowe Price4,771,8640 00For
Capital Group3,714,2400 00For
MFS2,574,3790 00For
State Street2,301,3780 00For
INTERNATIONAL GROWTH & INCOME FUND1,481,4360 00For
TIAA1,454,5930 00For
Bridge Builder Trust1,284,0030 00For
Six Circles Trust1,238,1590 00For
JPMorgan1,147,3950 00For
Jackson National960,7820 00For
Equitable927,4110 00For
WisdomTree755,9920 00For
Northwestern Mutual690,0000 00For
Lincoln Financial423,4360 00For
DWS424,9490 00For
Natixis404,0300 00For
Columbia Threadneedle366,5720 00For
Northern Trust300,5510 00For
John Hancock300,3680 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

38. Appointment of Auditor

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 12,774,193 for, 98,769 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,774,193ABSTAIN: 98,769
Largest asset managers voting on “Appointment of Auditor” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Putnam4,119,2510 00For
Charles Schwab3,589,6820 00For
SEI1,975,9610 00For
VanEck ETF Trust1,836,9370 00For
Adviser Managed Trust567,6150 00For
Mercer Funds265,9050 00For
Russell Investments237,8380 00For
Brighthouse2,4210 98,7690Abstain
Empower89,7000 00For
Prudential/PGIM46,4630 00For
Global X37,5940 00For
Hartford4,7070 00For
Northern Lights Fund Trust IV1190 00For

39. Election of the auditor for the annual financial statements and of the auditor for the review of the half-year and…

Combines 2 wordings of this item as funds reported it.

98% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: Election of the auditor for the annual financial statements and of the auditor for the review of the half-year and interim financial reports, if applicable.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 7 asset managers voting on “Election of the auditor for the annual financial statements and of the auditor for the review of the half-year” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
World Funds Trust183,0000 00For
Pacer Funds Trust27,4160 00For
TRUST FOR PROFESSIONAL MANAGERS19,2610 00For
CITY NATIONAL ROCHDALE FUNDS13,9960 00For
EA Series Trust13,3180 00For
Ultimus Managers Trust05,250 00Against
AltShares Trust2,6000 00For

Fund voting reports, all 7 managers: 259,591 for, 5,250 against.

Institutional-manager reports: 2 asset managers voting on “Election of the auditor for the annual financial statements and of the auditor for the review of the half-year” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
HOWLAND CAPITAL MANAGEMENT LLC26,4500 00For
Boltwood Capital Management3000 00For

Institutional-manager reports, all 2 managers: 26,750 for.

40. Additional or Amended Shareholder Proposals

No official resultsCORPORATE GOVERNANCE

0% of fund votes cast · no official result

AGAINST
Details: votes by 13 asset managers

The 13 asset managers below reported 12,774,193 against, 98,769 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

AGAINST: 12,774,193ABSTAIN: 98,769
Largest asset managers voting on “Additional or Amended Shareholder Proposals” at BAYER AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Putnam04,119,251 00Against
Charles Schwab03,589,682 00Against
SEI01,975,961 00Against
VanEck ETF Trust01,836,937 00Against
Adviser Managed Trust0567,615 00Against
Mercer Funds0265,905 00Against
Russell Investments0237,838 00Against
Brighthouse02,421 98,7690Abstain
Empower089,700 00Against
Prudential/PGIM046,463 00Against
Global X037,594 00Against
Hartford04,707 00Against
Northern Lights Fund Trust IV0119 00Against

Showing the 40 reported items with the widest manager coverage, of 46 in total. View every item.

Largest BAYER AG shareholders voting in 2023-2024

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top BAYER AG shareholders by shares voted on “APPROVE REMUNERATION REPORT”, 2023-2024
#Asset manager Shares voted
1Vanguard 26,976,907
2Dodge & Cox 25,762,630
3HARRIS ASSOCIATES INVESTMENT TRUST 25,199,568
4BlackRock 23,722,588
5Fidelity 9,602,525
6Dimensional 4,867,932
7T. Rowe Price 4,771,864
8Capital Group 3,714,240
9MFS 2,574,379
10State Street 2,301,378
Institutional-manager reports: top BAYER AG shareholders by shares voted on “Resolution on the approval of the Compensation Report.”, 2023-2024
#Asset manager Shares voted
1EAGLE CAPITAL MANAGEMENT LLC 28,065,670
2Natixis 2,691,463
3LOEWS CORP 2,000,000
4FOUNDATION RESOURCE MANAGEMENT INC 1,094,552
5RAYMOND JAMES & ASSOCIATES 968,212
6Northern Trust 866,251
7PNC BANK, NATIONAL ASSOCIATION 628,327
8ENVESTNET ASSET MANAGEMENT INC 467,856
9AMG National Trust Bank 204,350
10PRIVATE MANAGEMENT GROUP INC 86,565

Shown as share counts, not percentages: no shares-outstanding figure has been matched to BAYER AG for the 2023-2024 season, so there is no denominator to divide by.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At BAYER AG's shareholder meeting held April 26, 2024, in the 2023-2024 proxy season, 225 asset managers reported how they voted in their SEC Form N-PX filings, covering 4,426 separate fund positions. Their filings are grouped here into 46 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Resolution on the approval of the Compensation Report. — the reporting funds cast 97% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

BAYER AG proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.

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