Home › Companies › CANADIAN NATIONAL RAILWAY CO. › 2023-2024

CANADIAN NATIONAL RAILWAY CO. 2023-2024 Proxy Voting Records

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

  • 39Reported items
  • 467Asset managers
  • 6,702Fund 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 CANADIAN NATIONAL RAILWAY CO. 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 CANADIAN NATIONAL RAILWAY CO. in the interactive database Compare manager voting policies

How asset managers voted at the CANADIAN NATIONAL RAILWAY CO. 2023-2024 meeting

Each item below shows how the 467 asset managers that disclosed a CANADIAN NATIONAL RAILWAY CO. 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 CANADIAN NATIONAL RAILWAY CO.’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. ELECTION OF DIRECTOR: DAVID FREEMAN

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FOR
Details: votes by 121 asset managers

The 121 asset managers below reported 76,449,509 for, 78,057 against, 29,928 unknown. 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: 76,449,509AGAINST: 78,057UNKNOWN: 29,928
Largest asset managers voting on “ELECTION OF DIRECTOR: DAVID FREEMAN” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard31,265,9830 00For
Capital Group6,912,1860 00For
MFS5,204,4620 00For
Fidelity4,194,7820 00For
BlackRock3,881,0280 00For
JPMorgan2,757,6040 00For
T. Rowe Price1,892,0800 00For
Putnam1,598,1000 00For
HARDING LOEVNER FUNDS INC1,356,5510 00For
BNY Mellon1,344,6370 00For
Charles Schwab1,275,6270 00For
Hartford1,135,0630 00For
Dimensional996,8910 00For
Bridge Builder Trust956,7140 00For
Artisan927,6000 00For
TIAA926,9270 00For
Northern Trust760,24841,577 00Mixed
Brighthouse790,6980 00For
State Street723,0040 00For
New York Life639,6490 00For
First Trust478,1620 00For
Prudential/PGIM472,2150 00For
AMANA MUTUAL FUNDS TRUST384,0000 00For
AllianceBernstein372,0620 00For
Principal348,5470 00For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

2. ELECTION OF DIRECTOR: DENISE GRAY

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.7% of fund votes cast · no official result

FOR
Details: votes by 121 asset managers

The 121 asset managers below reported 76,364,530 for, 163,036 against, 29,928 unknown. 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: 76,364,530AGAINST: 163,036UNKNOWN: 29,928
Largest asset managers voting on “ELECTION OF DIRECTOR: DENISE GRAY” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard31,265,9830 00For
Capital Group6,912,1860 00For
MFS5,204,4620 00For
Fidelity4,194,7820 00For
BlackRock3,881,0280 00For
JPMorgan2,757,6040 00For
T. Rowe Price1,892,0800 00For
Putnam1,598,1000 00For
HARDING LOEVNER FUNDS INC1,356,5510 00For
BNY Mellon1,344,6370 00For
Charles Schwab1,275,6270 00For
Hartford1,135,0630 00For
Dimensional996,8910 00For
Bridge Builder Trust956,7140 00For
Artisan927,6000 00For
TIAA926,9270 00For
Northern Trust760,24841,577 00Mixed
Brighthouse790,6980 00For
State Street723,0040 00For
New York Life639,6490 00For
First Trust478,1620 00For
Prudential/PGIM472,2150 00For
AMANA MUTUAL FUNDS TRUST384,0000 00For
AllianceBernstein372,0620 00For
Principal348,5470 00For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

3. Election of Director: Jo-ann dePass Olsovsky

No official resultsDIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 121 asset managers

The 121 asset managers below reported 76,486,602 for, 40,964 against, 29,928 unknown. 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: 76,486,602AGAINST: 40,964UNKNOWN: 29,928
Largest asset managers voting on “Election of Director: Jo-ann dePass Olsovsky” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard31,265,9830 00For
Capital Group6,912,1860 00For
MFS5,204,4620 00For
Fidelity4,194,7820 00For
BlackRock3,881,0280 00For
JPMorgan2,757,6040 00For
T. Rowe Price1,892,0800 00For
Putnam1,598,1000 00For
HARDING LOEVNER FUNDS INC1,356,5510 00For
BNY Mellon1,344,6370 00For
Charles Schwab1,275,6270 00For
Hartford1,135,0630 00For
Dimensional996,8910 00For
Bridge Builder Trust956,7140 00For
Artisan927,6000 00For
TIAA926,9270 00For
Northern Trust801,8250 00For
Brighthouse790,6980 00For
State Street723,0040 00For
New York Life639,6490 00For
First Trust478,1620 00For
Prudential/PGIM472,2150 00For
AMANA MUTUAL FUNDS TRUST384,0000 00For
AllianceBernstein372,0620 00For
Principal348,5470 00For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

4. ELECTION OF DIRECTOR: JUSTIN M. HOWELL

No official resultsDIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FOR
Details: votes by 121 asset managers

The 121 asset managers below reported 76,429,981 for, 97,585 against, 29,928 unknown. 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: 76,429,981AGAINST: 97,585UNKNOWN: 29,928
Largest asset managers voting on “ELECTION OF DIRECTOR: JUSTIN M. HOWELL” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard31,265,9830 00For
Capital Group6,912,1860 00For
MFS5,204,4620 00For
Fidelity4,194,7820 00For
BlackRock3,881,0280 00For
JPMorgan2,757,6040 00For
T. Rowe Price1,892,0800 00For
Putnam1,598,1000 00For
HARDING LOEVNER FUNDS INC1,356,5510 00For
BNY Mellon1,344,6370 00For
Charles Schwab1,275,6270 00For
Hartford1,135,0630 00For
Dimensional996,8910 00For
Bridge Builder Trust956,7140 00For
Artisan927,6000 00For
TIAA926,9270 00For
Northern Trust760,24841,577 00Mixed
Brighthouse790,6980 00For
State Street723,0040 00For
New York Life639,6490 00For
First Trust478,1620 00For
Prudential/PGIM472,2150 00For
AMANA MUTUAL FUNDS TRUST384,0000 00For
AllianceBernstein372,0620 00For
Principal348,5470 00For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

5. Election of Director: Margaret A. McKenzie

No official resultsDIRECTOR ELECTIONS

Combines 5 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FOR
Details: votes by 121 asset managers

The 121 asset managers below reported 76,449,509 for, 78,057 against, 29,928 unknown. 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: 76,449,509AGAINST: 78,057UNKNOWN: 29,928
Largest asset managers voting on “Election of Director: Margaret A. McKenzie” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard31,265,9830 00For
Capital Group6,912,1860 00For
MFS5,204,4620 00For
Fidelity4,194,7820 00For
BlackRock3,881,0280 00For
JPMorgan2,757,6040 00For
T. Rowe Price1,892,0800 00For
Putnam1,598,1000 00For
HARDING LOEVNER FUNDS INC1,356,5510 00For
BNY Mellon1,344,6370 00For
Charles Schwab1,275,6270 00For
Hartford1,135,0630 00For
Dimensional996,8910 00For
Bridge Builder Trust956,7140 00For
Artisan927,6000 00For
TIAA926,9270 00For
Northern Trust760,24841,577 00Mixed
Brighthouse790,6980 00For
State Street723,0040 00For
New York Life639,6490 00For
First Trust478,1620 00For
Prudential/PGIM472,2150 00For
AMANA MUTUAL FUNDS TRUST384,0000 00For
AllianceBernstein372,0620 00For
Principal348,5470 00For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

6. ELECTION OF DIRECTOR: MICHEL LETELLIER

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FOR
Details: votes by 121 asset managers

The 121 asset managers below reported 76,449,509 for, 78,057 against, 29,928 unknown. 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: 76,449,509AGAINST: 78,057UNKNOWN: 29,928
Largest asset managers voting on “ELECTION OF DIRECTOR: MICHEL LETELLIER” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard31,265,9830 00For
Capital Group6,912,1860 00For
MFS5,204,4620 00For
Fidelity4,194,7820 00For
BlackRock3,881,0280 00For
JPMorgan2,757,6040 00For
T. Rowe Price1,892,0800 00For
Putnam1,598,1000 00For
HARDING LOEVNER FUNDS INC1,356,5510 00For
BNY Mellon1,344,6370 00For
Charles Schwab1,275,6270 00For
Hartford1,135,0630 00For
Dimensional996,8910 00For
Bridge Builder Trust956,7140 00For
Artisan927,6000 00For
TIAA926,9270 00For
Northern Trust760,24841,577 00Mixed
Brighthouse790,6980 00For
State Street723,0040 00For
New York Life639,6490 00For
First Trust478,1620 00For
Prudential/PGIM472,2150 00For
AMANA MUTUAL FUNDS TRUST384,0000 00For
AllianceBernstein372,0620 00For
Principal348,5470 00For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

7. ELECTION OF DIRECTOR: ROBERT KNIGHT

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 121 asset managers

The 121 asset managers below reported 76,508,038 for, 19,528 against, 29,928 unknown. 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: 76,508,038AGAINST: 19,528UNKNOWN: 29,928
Largest asset managers voting on “ELECTION OF DIRECTOR: ROBERT KNIGHT” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard31,265,9830 00For
Capital Group6,912,1860 00For
MFS5,204,4620 00For
Fidelity4,194,7820 00For
BlackRock3,881,0280 00For
JPMorgan2,757,6040 00For
T. Rowe Price1,892,0800 00For
Putnam1,598,1000 00For
HARDING LOEVNER FUNDS INC1,356,5510 00For
BNY Mellon1,344,6370 00For
Charles Schwab1,275,6270 00For
Hartford1,135,0630 00For
Dimensional996,8910 00For
Bridge Builder Trust956,7140 00For
Artisan927,6000 00For
TIAA926,9270 00For
Northern Trust801,8250 00For
Brighthouse790,6980 00For
State Street723,0040 00For
New York Life639,6490 00For
First Trust478,1620 00For
Prudential/PGIM472,2150 00For
AMANA MUTUAL FUNDS TRUST384,0000 00For
AllianceBernstein372,0620 00For
Principal348,5470 00For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

8. ELECTION OF DIRECTOR: SUSAN C. JONES

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 121 asset managers

The 121 asset managers below reported 76,508,038 for, 19,528 against, 29,928 unknown. 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: 76,508,038AGAINST: 19,528UNKNOWN: 29,928
Largest asset managers voting on “ELECTION OF DIRECTOR: SUSAN C. JONES” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard31,265,9830 00For
Capital Group6,912,1860 00For
MFS5,204,4620 00For
Fidelity4,194,7820 00For
BlackRock3,881,0280 00For
JPMorgan2,757,6040 00For
T. Rowe Price1,892,0800 00For
Putnam1,598,1000 00For
HARDING LOEVNER FUNDS INC1,356,5510 00For
BNY Mellon1,344,6370 00For
Charles Schwab1,275,6270 00For
Hartford1,135,0630 00For
Dimensional996,8910 00For
Bridge Builder Trust956,7140 00For
Artisan927,6000 00For
TIAA926,9270 00For
Northern Trust801,8250 00For
Brighthouse790,6980 00For
State Street723,0040 00For
New York Life639,6490 00For
First Trust478,1620 00For
Prudential/PGIM472,2150 00For
AMANA MUTUAL FUNDS TRUST384,0000 00For
AllianceBernstein372,0620 00For
Principal348,5470 00For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

9. ELECTION OF DIRECTOR: TRACY ROBINSON

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 121 asset managers

The 121 asset managers below reported 76,506,130 for, 21,436 against, 29,928 unknown. 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: 76,506,130AGAINST: 21,436UNKNOWN: 29,928
Largest asset managers voting on “ELECTION OF DIRECTOR: TRACY ROBINSON” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard31,265,9830 00For
Capital Group6,912,1860 00For
MFS5,204,4620 00For
Fidelity4,194,7820 00For
BlackRock3,881,0280 00For
JPMorgan2,757,6040 00For
T. Rowe Price1,892,0800 00For
Putnam1,598,1000 00For
HARDING LOEVNER FUNDS INC1,356,5510 00For
BNY Mellon1,344,6370 00For
Charles Schwab1,275,6270 00For
Hartford1,135,0630 00For
Dimensional996,8910 00For
Bridge Builder Trust956,7140 00For
Artisan927,6000 00For
TIAA926,9270 00For
Northern Trust801,8250 00For
Brighthouse790,6980 00For
State Street723,0040 00For
New York Life639,6490 00For
First Trust478,1620 00For
Prudential/PGIM472,2150 00For
AMANA MUTUAL FUNDS TRUST384,0000 00For
AllianceBernstein372,0620 00For
Principal348,5470 00For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

10. ELECTION OF DIRECTOR: SHAUNEEN BRUDER

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FOR
Details: votes by 120 asset managers

The 120 asset managers below reported 76,429,981 for, 97,585 against. 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: 76,429,981AGAINST: 97,585
Largest asset managers voting on “ELECTION OF DIRECTOR: SHAUNEEN BRUDER” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard31,265,9830 00For
Capital Group6,912,1860 00For
MFS5,204,4620 00For
Fidelity4,194,7820 00For
BlackRock3,881,0280 00For
JPMorgan2,757,6040 00For
T. Rowe Price1,892,0800 00For
Putnam1,598,1000 00For
HARDING LOEVNER FUNDS INC1,356,5510 00For
BNY Mellon1,344,6370 00For
Charles Schwab1,275,6270 00For
Hartford1,135,0630 00For
Dimensional996,8910 00For
Bridge Builder Trust956,7140 00For
Artisan927,6000 00For
TIAA926,9270 00For
Northern Trust760,24841,577 00Mixed
Brighthouse790,6980 00For
State Street723,0040 00For
New York Life639,6490 00For
First Trust478,1620 00For
Prudential/PGIM472,2150 00For
AMANA MUTUAL FUNDS TRUST384,0000 00For
AllianceBernstein372,0620 00For
Principal348,5470 00For

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

11. ELECTION OF DIRECTOR: AL MONACO

No official resultsDIRECTOR ELECTIONS

99.7% of fund votes cast · no official result

FOR
Details: votes by 110 asset managers

The 110 asset managers below reported 55,282,628 for, 119,021 against. 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: 55,282,628AGAINST: 119,021
Largest asset managers voting on “ELECTION OF DIRECTOR: AL MONACO” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard15,318,0160 00For
Capital Group6,912,1860 00For
MFS5,204,4620 00For
Fidelity4,194,7820 00For
BlackRock3,881,0280 00For
JPMorgan2,757,6040 00For
T. Rowe Price1,892,0800 00For
HARDING LOEVNER FUNDS INC1,356,5510 00For
BNY Mellon1,344,6370 00For
Dimensional996,8910 00For
Bridge Builder Trust956,7140 00For
Artisan927,6000 00For
TIAA926,9270 00For
Northern Trust760,24841,577 00Mixed
State Street723,0040 00For
New York Life518,1400 00For
First Trust478,1620 00For
AMANA MUTUAL FUNDS TRUST384,0000 00For
AllianceBernstein372,0620 00For
Principal348,5470 00For
REAVES UTILITY INCOME FUND330,0000 00For
Thrivent326,7870 00For
INTERNATIONAL GROWTH & INCOME FUND324,4830 00For
Prudential/PGIM298,5570 00For
Manning & Napier289,7950 00For

Showing the 25 largest of 110 asset managers. See all 110 in the interactive database.

12. Elect Al Monaco

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 21,125,917 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: 21,125,917
Largest asset managers voting on “Elect Al Monaco” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard15,947,9670 00For
Putnam1,598,1000 00For
Charles Schwab1,275,6270 00For
Hartford1,135,0630 00For
Brighthouse508,0340 00For
Russell Investments280,3600 00For
Prudential/PGIM173,6580 00For
New York Life121,5090 00For
Partners Group Private Equity (Master Fund), LLC33,2220 00For
MassMutual25,1300 00For
Capitol Series Trust12,7850 00For
IMPAX FUNDS SERIES TRUST III10,9540 00For
Federated Hermes1,6510 00For
Delaware/Macquarie1,1560 00For
Northern Lights Fund Trust IV5010 00For
Mercer Funds2000 00For

13. RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 14 OF THE MANAGEMENT PROXY CIRCULAR) TO CONFIRM THE ADOPTION OF…

No official resultsSHAREHOLDER RIGHTS AND DEFENSES

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 31 asset managers

Description as filed by funds: RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 14 OF THE MANAGEMENT PROXY CIRCULAR) TO CONFIRM THE ADOPTION OF AND TO RATIFY BY-LAW NO. 2 RELATING TO THE ADVANCE NOMINATIONS OF DIRECTORS.

The 31 asset managers below reported 6,779,270 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: 6,779,270
Largest asset managers voting on “RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 14 OF THE MANAGEMENT PROXY CIRCULAR) TO CONFIRM THE ADOP” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
JPMorgan2,757,6040 00For
HARDING LOEVNER FUNDS INC1,356,5510 00For
Bridge Builder Trust865,1400 00For
AMANA MUTUAL FUNDS TRUST384,0000 00For
REAVES UTILITY INCOME FUND330,0000 00For
Manning & Napier289,7950 00For
Cohen & Steers164,4900 00For
RBB FUND, INC.123,7180 00For
Jackson National117,9890 00For
YCG Funds113,3920 00For
BUFFALO FUNDS110,6010 00For
Brown Advisory Funds72,6850 00For
Morningstar Funds Trust13,4500 00For
SATURNA INVESTMENT TRUST12,0000 00For
HOMESTEAD FUNDS INC10,7490 00For
Guardian Variable Products Trust10,4450 00For
Northern Lights Fund Trust IV8,0370 00For
SCHWARTZ INVESTMENT TRUST8,0000 00For
CULLEN FUNDS TRUST7,5480 00For
Pacer Funds Trust5,1710 00For
Ultimus Managers Trust4,9280 00For
CITY NATIONAL ROCHDALE FUNDS4,3510 00For
Gateway Trust3,3710 00For
HOWLAND CAPITAL MANAGEMENT LLC3,2440 00For
Decatur Capital Management, Inc.7950 00For

Showing the 25 largest of 31 asset managers. See all 31 in the interactive database.

14. Adoption of Advance Notice By-Law

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 21,125,917 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: 21,125,917
Largest asset managers voting on “Adoption of Advance Notice By-Law” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard15,947,9670 00For
Putnam1,598,1000 00For
Charles Schwab1,275,6270 00For
Hartford1,135,0630 00For
Brighthouse508,0340 00For
Russell Investments280,3600 00For
Prudential/PGIM173,6580 00For
New York Life121,5090 00For
Partners Group Private Equity (Master Fund), LLC33,2220 00For
MassMutual25,1300 00For
Capitol Series Trust12,7850 00For
IMPAX FUNDS SERIES TRUST III10,9540 00For
Federated Hermes1,6510 00For
Delaware/Macquarie1,1560 00For
Northern Lights Fund Trust IV5010 00For
Mercer Funds2000 00For

15. RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 14 OF THE INFORMATION CIRCULAR) CONFIRMING THE ADOPTION OF AND…

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 13 asset managers

Description as filed by funds: RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 14 OF THE INFORMATION CIRCULAR) CONFIRMING THE ADOPTION OF AND RATIFYING BY-LAW NO. 2 RELATING TO THE ADVANCE NOMINATIONS OF DIRECTORS

The 13 asset managers below reported 315,387 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: 315,387
Largest asset managers voting on “RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 14 OF THE INFORMATION CIRCULAR) CONFIRMING THE ADOPTION ” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
John Hancock123,0790 00For
Bridge Builder Trust91,5740 00For
Investment Managers Series Trust34,4200 00For
Advisors' Inner Circle Fund III19,5000 00For
TRUST FOR PROFESSIONAL MANAGERS14,9400 00For
Northern Lights Fund Trust IV13,3990 00For
Listed Funds Trust5,7120 00For
Allianz4,7790 00For
Tidal ETF Trust3,9100 00For
TIMOTHY PLAN2,7270 00For
SP Funds Trust6010 00For
Pacer Funds Trust5150 00For
GPS Funds I2310 00For

16. Approve Advance Notice Requirement

No official resultsSHAREHOLDER RIGHTS AND DEFENSES

100% of fund votes cast · no official result

FOR
Details: votes by 72 asset managers

The 72 asset managers below reported 48,306,992 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: 48,306,992
Largest asset managers voting on “Approve Advance Notice Requirement” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard15,318,0160 00For
Capital Group6,912,1860 00For
MFS5,204,4620 00For
Fidelity4,194,7820 00For
BlackRock3,881,0280 00For
T. Rowe Price1,892,0800 00For
BNY Mellon1,344,6370 00For
Dimensional996,8910 00For
Artisan927,6000 00For
TIAA926,9270 00For
Northern Trust801,8250 00For
State Street723,0040 00For
New York Life518,1400 00For
First Trust478,1620 00For
AllianceBernstein372,0620 00For
Principal348,5470 00For
Thrivent326,7870 00For
INTERNATIONAL GROWTH & INCOME FUND324,4830 00For
Prudential/PGIM298,5570 00For
Brighthouse282,6640 00For
Columbia Threadneedle252,5300 00For
Invesco180,8910 00For
WILLIAM BLAIR FUNDS167,3150 00For
Pacific Life146,8770 00For
Franklin Templeton138,8160 00For

Showing the 25 largest of 72 asset managers. See all 72 in the interactive database.

17. Management Advisory Vote on Climate Change

No official resultsENVIRONMENT OR CLIMATE

97% of fund votes cast · no official result

FOR
Details: votes by 72 asset managers

The 72 asset managers below reported 46,984,714 for, 1,322,002 against. 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: 46,984,714AGAINST: 1,322,002
Largest asset managers voting on “Management Advisory Vote on Climate Change” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard15,318,0160 00For
Capital Group6,912,1860 00For
MFS5,204,4620 00For
Fidelity4,194,7820 00For
BlackRock3,881,0280 00For
T. Rowe Price1,892,0800 00For
BNY Mellon1,344,6370 00For
Dimensional0996,891 00Against
Artisan927,6000 00For
TIAA926,9270 00For
Northern Trust801,8250 00For
State Street723,0040 00For
New York Life518,1400 00For
First Trust478,1620 00For
AllianceBernstein372,0620 00For
Principal348,5470 00For
Thrivent326,7870 00For
INTERNATIONAL GROWTH & INCOME FUND324,4830 00For
Prudential/PGIM298,5570 00For
Brighthouse282,6640 00For
Columbia Threadneedle0252,530 00Against
Invesco180,8910 00For
WILLIAM BLAIR FUNDS167,3150 00For
Pacific Life146,8770 00For
Franklin Templeton138,8160 00For

Showing the 25 largest of 72 asset managers. See all 72 in the interactive database.

18. Amend Long-Term Incentive Plan

99.8% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 74 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: 71 asset managers voting on “Amend Long-Term Incentive Plan” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard15,318,0160 00For
Capital Group6,912,1860 00For
MFS5,204,4620 00For
Fidelity4,194,7820 00For
BlackRock3,881,0280 00For
T. Rowe Price1,892,0800 00For
BNY Mellon1,344,6370 00For
Dimensional996,8910 00For
Artisan927,6000 00For
TIAA926,9270 00For
Northern Trust801,8250 00For
State Street723,0040 00For
New York Life518,1400 00For
First Trust478,1620 00For
AllianceBernstein372,0620 00For
Principal348,5470 00For
Thrivent326,7870 00For
INTERNATIONAL GROWTH & INCOME FUND324,4830 00For
Prudential/PGIM298,5570 00For
Brighthouse282,6640 00For
Columbia Threadneedle252,5300 00For
Invesco180,8910 00For
WILLIAM BLAIR FUNDS167,3150 00For
Pacific Life146,8770 00For
Franklin Templeton138,8160 00For

Fund voting reports, all 71 managers: 48,209,560 for, 97,406 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Amend Long-Term Incentive Plan” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Dixon Mitchell Investment Counsel Inc.923,2740 00For
Douglass Winthrop Advisors, LLC137,9010 00For
Warren Street Wealth Advisors, LLC260 00For

Institutional-manager reports, all 3 managers: 1,061,201 for.

19. RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 14 OF THE MANAGEMENT PROXY CIRCULAR) TO APPROVE PROPOSED…

Combines 3 wordings of this item as funds reported it.

99.9% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 35 asset managers

Description as filed by funds: RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 14 OF THE MANAGEMENT PROXY CIRCULAR) TO APPROVE PROPOSED AMENDMENTS TO THE MANAGEMENT LONG-TERM INCENTIVE PLAN.

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: 25 asset managers voting on “RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 14 OF THE MANAGEMENT PROXY CIRCULAR) TO APPROVE PROPOSED” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
JPMorgan2,757,6040 00For
HARDING LOEVNER FUNDS INC1,356,5510 00For
Bridge Builder Trust865,1400 00For
AMANA MUTUAL FUNDS TRUST384,0000 00For
REAVES UTILITY INCOME FUND330,0000 00For
Manning & Napier289,7950 00For
Cohen & Steers164,4900 00For
RBB FUND, INC.123,7180 00For
Jackson National117,9890 00For
YCG Funds113,3920 00For
BUFFALO FUNDS110,6010 00For
Brown Advisory Funds72,6850 00For
Morningstar Funds Trust13,4500 00For
SATURNA INVESTMENT TRUST12,0000 00For
HOMESTEAD FUNDS INC10,7490 00For
Guardian Variable Products Trust10,4450 00For
Northern Lights Fund Trust IV8,0370 00For
SCHWARTZ INVESTMENT TRUST8,0000 00For
CULLEN FUNDS TRUST7,5480 00For
Pacer Funds Trust5,1710 00For
Ultimus Managers Trust4,9280 00For
CITY NATIONAL ROCHDALE FUNDS4,3510 00For
Gateway Trust3,3710 00For
EA Series Trust6450 00For
ADVISORS SERIES TRUST510 00For

Fund voting reports, all 25 managers: 6,774,711 for.

Institutional-manager reports: 9 asset managers voting on “RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 14 OF THE MANAGEMENT PROXY CIRCULAR) TO APPROVE PROPOSED” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
NORTHSTAR ASSET MANAGEMENT INC95,4340 00For
Callahan Advisors, LLC74,1230 00For
Birch Capital Management, LLC8,6950 00For
HOWLAND CAPITAL MANAGEMENT LLC3,2440 00For
Decatur Capital Management, Inc.7950 00For
King Wealth Management Group0200 00Against
MARCO INVESTMENT MANAGEMENT LLC2000 00For
Berkeley Capital Partners, LLC920 00For
apricus wealth, LLC028 00Against

Institutional-manager reports, all 9 managers: 182,583 for, 228 against.

20. NON-BINDING ADVISORY RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 15 OF THE MANAGEMENT PROXY CIRCULAR) TO…

Combines 3 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FOR
Details: description as filed, votes by 31 asset managers

Description as filed by funds: NON-BINDING ADVISORY RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 15 OF THE MANAGEMENT PROXY CIRCULAR) TO ACCEPT THE CLIMATE ACTION PLAN AS DISCLOSED IN THE MANAGEMENT PROXY CIRCULAR.

The 31 asset managers below reported 6,767,133 for, 12,137 against. 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: 6,767,133AGAINST: 12,137
Largest asset managers voting on “NON-BINDING ADVISORY RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 15 OF THE MANAGEMENT PROXY CIRCULAR” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
JPMorgan2,757,6040 00For
HARDING LOEVNER FUNDS INC1,356,5510 00For
Bridge Builder Trust865,1400 00For
AMANA MUTUAL FUNDS TRUST384,0000 00For
REAVES UTILITY INCOME FUND330,0000 00For
Manning & Napier289,7950 00For
Cohen & Steers164,4900 00For
RBB FUND, INC.123,7180 00For
Jackson National114,0893,900 00For
YCG Funds113,3920 00For
BUFFALO FUNDS110,6010 00For
Brown Advisory Funds72,6850 00For
Morningstar Funds Trust13,4500 00For
SATURNA INVESTMENT TRUST12,0000 00For
HOMESTEAD FUNDS INC10,7490 00For
Guardian Variable Products Trust10,4450 00For
Northern Lights Fund Trust IV08,037 00Against
SCHWARTZ INVESTMENT TRUST8,0000 00For
CULLEN FUNDS TRUST7,5480 00For
Pacer Funds Trust5,1710 00For
Ultimus Managers Trust4,9280 00For
CITY NATIONAL ROCHDALE FUNDS4,3510 00For
Gateway Trust3,3710 00For
HOWLAND CAPITAL MANAGEMENT LLC3,2440 00For
Decatur Capital Management, Inc.7950 00For

Showing the 25 largest of 31 asset managers. See all 31 in the interactive database.

21. Amendment to the Management Long-Term Incentive Plan

100% of fund votes cast · no official result

FOR
Details: votes by 17 asset managers

The 17 asset managers below reported 21,240,541 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: 21,240,541
Largest asset managers voting on “Amendment to the Management Long-Term Incentive Plan” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard15,947,9670 00For
Putnam1,598,1000 00For
Charles Schwab1,275,6270 00For
Hartford1,135,0630 00For
Brighthouse508,0340 00For
Russell Investments280,3600 00For
Prudential/PGIM173,6580 00For
New York Life121,5090 00For
Union Investment Privatfonds GmbH114,6240 00For
Partners Group Private Equity (Master Fund), LLC33,2220 00For
MassMutual25,1300 00For
Capitol Series Trust12,7850 00For
IMPAX FUNDS SERIES TRUST III10,9540 00For
Federated Hermes1,6510 00For
Delaware/Macquarie1,1560 00For
Northern Lights Fund Trust IV5010 00For
Mercer Funds2000 00For

22. Advisory Vote on Climate Action Plan

No official resultsENVIRONMENT OR CLIMATE

99.9% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 21,114,963 for, 10,954 against. 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: 21,114,963AGAINST: 10,954
Largest asset managers voting on “Advisory Vote on Climate Action Plan” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard15,947,9670 00For
Putnam1,598,1000 00For
Charles Schwab1,275,6270 00For
Hartford1,135,0630 00For
Brighthouse508,0340 00For
Russell Investments280,3600 00For
Prudential/PGIM173,6580 00For
New York Life121,5090 00For
Partners Group Private Equity (Master Fund), LLC33,2220 00For
MassMutual25,1300 00For
Capitol Series Trust12,7850 00For
IMPAX FUNDS SERIES TRUST III010,954 00Against
Federated Hermes1,6510 00For
Delaware/Macquarie1,1560 00For
Northern Lights Fund Trust IV5010 00For
Mercer Funds2000 00For

23. NON-BINDING ADVISORY RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 15 OF THE INFORMATION CIRCULAR) TO ACCEPT…

94% of fund votes cast · no official result

FOR
Details: description as filed, votes by 13 asset managers

Description as filed by funds: NON-BINDING ADVISORY RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 15 OF THE INFORMATION CIRCULAR) TO ACCEPT THE CLIMATE ACTION PLAN AS DISCLOSED IN THE INFORMATION CIRCULAR

The 13 asset managers below reported 292,349 for, 17,326 against, 5,712 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: 292,349AGAINST: 17,326ABSTAIN: 5,712
Largest asset managers voting on “NON-BINDING ADVISORY RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 15 OF THE INFORMATION CIRCULAR) TO ” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
John Hancock123,0790 00For
Bridge Builder Trust91,5740 00For
Investment Managers Series Trust34,4200 00For
Advisors' Inner Circle Fund III19,5000 00For
TRUST FOR PROFESSIONAL MANAGERS14,9400 00For
Northern Lights Fund Trust IV013,399 00Against
Listed Funds Trust00 5,7120Abstain
Allianz3,5791,200 00Mixed
Tidal ETF Trust3,9100 00For
TIMOTHY PLAN02,727 00Against
SP Funds Trust6010 00For
Pacer Funds Trust5150 00For
GPS Funds I2310 00For

24. RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 14 OF THE INFORMATION CIRCULAR) TO APPROVE PROPOSED AMENDMENTS TO…

No official resultsCAPITAL STRUCTURE

93% of fund votes cast · no official result

FOR
Details: description as filed, votes by 13 asset managers

Description as filed by funds: RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 14 OF THE INFORMATION CIRCULAR) TO APPROVE PROPOSED AMENDMENTS TO THE MANAGEMENT LONG- TERM INCENTIVE PLAN

The 13 asset managers below reported 293,160 for, 22,227 against. 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: 293,160AGAINST: 22,227
Largest asset managers voting on “RESOLUTION (THE FULL TEXT OF WHICH IS SET OUT ON PAGE 14 OF THE INFORMATION CIRCULAR) TO APPROVE PROPOSED AMEN” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
John Hancock123,0790 00For
Bridge Builder Trust91,5740 00For
Investment Managers Series Trust34,4200 00For
Advisors' Inner Circle Fund III019,500 00Against
TRUST FOR PROFESSIONAL MANAGERS14,9400 00For
Northern Lights Fund Trust IV13,3990 00For
Listed Funds Trust5,7120 00For
Allianz4,7790 00For
Tidal ETF Trust3,9100 00For
TIMOTHY PLAN02,727 00Against
SP Funds Trust6010 00For
Pacer Funds Trust5150 00For
GPS Funds I2310 00For

25. Amend Omnibus Stock Plan

No official resultsSECTION 14A SAY-ON-PAY VOTES

0.1% of fund votes cast · no official result

AGAINST
Details: votes by 2 asset managers

The 2 asset managers below reported 150 for, 199,891 against. 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: 150AGAINST: 199,891
Largest asset managers voting on “Amend Omnibus Stock Plan” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Regime de rentes du Mouvement Desjardins0199,891 00Against
Hanson & Doremus Investment Management1500 00For

26. Non-binding advisory resolution (the full text of which is set out on page 15 of the management proxy circular) to…

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

Combines 8 wordings of this item as funds reported it.

99.2% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 324 asset managers

Description as filed by funds: Non-binding advisory resolution (the full text of which is set out on page 15 of the management proxy circular) to accept the approach to executive compensation disclosed in the management proxy circular.

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: 25 asset managers voting on “Non-binding advisory resolution (the full text of which is set out on page 15 of the management proxy circular” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
JPMorgan2,757,6040 00For
HARDING LOEVNER FUNDS INC1,356,5510 00For
Bridge Builder Trust865,1400 00For
AMANA MUTUAL FUNDS TRUST384,0000 00For
REAVES UTILITY INCOME FUND330,0000 00For
Manning & Napier289,7950 00For
Cohen & Steers164,4900 00For
RBB FUND, INC.123,7180 00For
Jackson National117,9890 00For
YCG Funds113,3920 00For
BUFFALO FUNDS110,6010 00For
Brown Advisory Funds72,6850 00For
Morningstar Funds Trust13,4500 00For
SATURNA INVESTMENT TRUST12,0000 00For
HOMESTEAD FUNDS INC10,7490 00For
Guardian Variable Products Trust10,4450 00For
Northern Lights Fund Trust IV08,037 00Against
SCHWARTZ INVESTMENT TRUST8,0000 00For
CULLEN FUNDS TRUST7,5480 00For
Pacer Funds Trust5,1710 00For
Ultimus Managers Trust4,9280 00For
CITY NATIONAL ROCHDALE FUNDS4,3510 00For
Gateway Trust3,3710 00For
EA Series Trust6450 00For
ADVISORS SERIES TRUST510 00For

Fund voting reports, all 25 managers: 6,766,674 for, 8,037 against.

Institutional-manager reports: 290 asset managers voting on “Non-binding advisory resolution (the full text of which is set out on page 15 of the management proxy circular” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
1832 Asset Management L.P.10,273,4710 00For
JARISLOWSKY, FRASER Ltd6,029,28351,758 00For
SCOTIA CAPITAL INC.3,403,9940 00For
HARDING LOEVNER LP2,573,0230 00For
Northern Trust1,059,5640 00For
RIVULET CAPITAL, LLC824,9650 00For
ENVESTNET ASSET MANAGEMENT INC627,2810 00For
Manning & Napier583,9900 00For
Cardinal Capital Management, Inc.457,8390 00For
Nekton Capital Ltd.355,8770 00For
AGF MANAGEMENT LTD327,8360 00For
Value Partners Investments Inc.225,4930 00For
Korea Investment CORP222,3460 00For
GW&K Investment Management, LLC212,7680 00For
JPMorgan205,4110 00For
Natixis195,0180 00For
ROCKEFELLER FINANCIAL LLC154,4010 00For
COBBLESTONE CAPITAL ADVISORS LLC /NY/150,8360 00For
Corient Private Wealth LLC108,1540 00For
PNC BANK, NATIONAL ASSOCIATION95,8270 00For
NORTHSTAR ASSET MANAGEMENT INC095,434 00Against
Harbour Trust & Investment Management Co89,2240 00For
LINCLUDEN MANAGEMENT LTD086,960 00Against
Raub Brock Capital Management LP81,3920 00For
SILVERCREST ASSET MANAGEMENT GROUP LLC80,4940 00For

Institutional-manager reports, all 290 managers: 29,988,145 for, 264,594 against, 18,425 not voted. Showing the 25 largest; see all in the interactive database.

27. Advisory Vote on Executive Compensation Approach

91% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 84 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: 71 asset managers voting on “Advisory Vote on Executive Compensation Approach” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard15,318,0160 00For
Capital Group6,912,1860 00For
MFS5,204,4620 00For
Fidelity4,194,7820 00For
BlackRock3,881,0280 00For
T. Rowe Price1,892,0800 00For
BNY Mellon1,344,6370 00For
Dimensional996,8910 00For
Artisan927,6000 00For
TIAA926,9270 00For
Northern Trust801,8250 00For
State Street723,0040 00For
New York Life518,1400 00For
First Trust478,1620 00For
AllianceBernstein372,0620 00For
Principal348,5470 00For
Thrivent326,7870 00For
INTERNATIONAL GROWTH & INCOME FUND324,4830 00For
Prudential/PGIM298,5570 00For
Brighthouse282,6640 00For
Columbia Threadneedle252,5300 00For
Invesco180,8910 00For
WILLIAM BLAIR FUNDS167,3150 00For
Pacific Life146,8770 00For
Franklin Templeton138,8160 00For

Fund voting reports, all 71 managers: 48,306,966 for. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 13 asset managers voting on “Advisory Vote on Executive Compensation Approach” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Walter Scott & Partners Ltd7,373,3800 00For
Desjardins Global Asset Management Inc.06,119,928 00Against
JPMorgan3,220,8780 00For
APG Asset Management US Inc.1,345,9550 00For
Dixon Mitchell Investment Counsel Inc.923,2740 00For
MONTRUSCO BOLTON INVESTMENTS INC.754,3530 00For
CIDEL ASSET MANAGEMENT INC251,1120 00For
CADEN CAPITAL PARTNERS, LP198,4190 00For
NORDEA INVESTMENT MANAGEMENT AB0164,059 00Against
Douglass Winthrop Advisors, LLC137,9010 00For
Arjuna Capital10,4790 00For
Qtron Investments LLC2,2870 00For
Warren Street Wealth Advisors, LLC260 00For

Institutional-manager reports, all 13 managers: 14,218,064 for, 6,283,987 against.

28. Non-binding advisory resolution (the full text of which is set out on page 15 of the Information Circular) to accept…

Combines 3 wordings of this item as funds reported it.

99.6% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 43 asset managers

Description as filed by funds: Non-binding advisory resolution (the full text of which is set out on page 15 of the Information Circular) to accept the approach to executive compensation disclosed in the Information Circular

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: 13 asset managers voting on “Non-binding advisory resolution (the full text of which is set out on page 15 of the Information Circular) to ” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
John Hancock123,0790 00For
Bridge Builder Trust91,5740 00For
Investment Managers Series Trust34,4200 00For
Advisors' Inner Circle Fund III19,5000 00For
TRUST FOR PROFESSIONAL MANAGERS14,9400 00For
Northern Lights Fund Trust IV013,399 00Against
Listed Funds Trust5,7120 00For
Allianz4,7790 00For
Tidal ETF Trust3,9100 00For
TIMOTHY PLAN2,7270 00For
SP Funds Trust6010 00For
Pacer Funds Trust5150 00For
GPS Funds I2310 00For

Fund voting reports, all 13 managers: 301,988 for, 13,399 against.

Institutional-manager reports: 29 asset managers voting on “Non-binding advisory resolution (the full text of which is set out on page 15 of the Information Circular) to ” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Fiera Capital Corp4,590,9530 00For
Northern Trust462,6494,112 00For
Janney Montgomery Scott LLC119,1200 00For
JARISLOWSKY, FRASER Ltd58,0450 00For
Korea Investment CORP35,5270 00For
CHEMUNG CANAL TRUST CO24,8460 00For
FIRST MERCHANTS CORP16,6350 00For
Ativo Capital Management LLC12,6400 00For
BECK MACK & OLIVER LLC8,1000 00For
Torrington Savings Bank7,8280 00For
HARDING LOEVNER LP5,6410 00For
Trust Co of the South4,8700 00For
Sanibel Captiva Trust Company, Inc.3,9770 00For
Trust Point Inc.3,6010 00For
South Dakota Investment Council3,3700 00For
Glenview Trust Co3,2890 00For
FINANCIAL COUNSELORS INC3,0670 00For
Somerset Trust Co2,1180 00For
First National Bank of Hutchinson1,2290 00For
Siemens Fonds Invest GmbH7250 00For
WCM INVESTMENT MANAGEMENT, LLC6440 00For
Bath Savings Trust Co6000 00For
FIRST NATIONAL BANK & TRUST CO OF NEWTOWN5350 00For
Atlantic Union Bankshares Corp2820 00For
Smithfield Trust Co2500 00For

Institutional-manager reports, all 29 managers: 5,370,688 for, 4,112 against. Showing the 25 largest; see all in the interactive database.

29. Advisory Vote to Ratify Named Executive Officers' Compensation

99% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 24 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: 16 asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard15,947,9670 00For
Putnam1,598,1000 00For
Charles Schwab1,275,6270 00For
Hartford1,135,0630 00For
Brighthouse508,0340 00For
Russell Investments280,3600 00For
Prudential/PGIM173,6580 00For
New York Life121,5090 00For
Partners Group Private Equity (Master Fund), LLC33,2220 00For
MassMutual25,1300 00For
Capitol Series Trust12,7850 00For
IMPAX FUNDS SERIES TRUST III10,9540 00For
Federated Hermes1,6510 00For
Delaware/Macquarie1,1560 00For
Northern Lights Fund Trust IV5010 00For
Mercer Funds2000 00For

Fund voting reports, all 16 managers: 21,125,917 for.

Institutional-manager reports: 8 asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
TD ASSET MANAGEMENT INC12,910,0180 00For
Regime de rentes du Mouvement Desjardins0199,891 00Against
Genus Capital Management Inc.0116,450 00Against
Union Investment Privatfonds GmbH0114,624 00Against
Triasima Portfolio Management inc.20,9250 00For
Financiere des Professionnels - Fonds d,investissement inc.7,4800 00For
Edgemoor Investment Advisors, Inc.8780 00For
Hanson & Doremus Investment Management1500 00For

Institutional-manager reports, all 8 managers: 12,939,451 for, 430,965 against.

30. 14A Executive Compensation

No official resultsSECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 8 asset managers

The 8 asset managers below reported 163,397 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: 163,397
Largest asset managers voting on “14A Executive Compensation” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Osher Van de Voorde Investment Management140,7590 00For
Barnett & Company, Inc.15,7540 00For
GRIMES & COMPANY, INC.3,0680 00For
Penobscot Investment Management Company, Inc.1,4000 00For
Lido Advisors, LLC1,0810 00For
Sculati Wealth Management, LLC9600 00For
VALUED ADVISERS TRUST2000 00For
River Street Advisors LLC1750 00For

31. Non-binding advisory resolution to accept the approach to executive compensation disclosed in the management proxy…

No official resultsSECTION 14A SAY-ON-PAY VOTES

Combines 5 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: Non-binding advisory resolution to accept the approach to executive compensation disclosed in the management proxy circular

The 7 asset managers below reported 326,981 for, 29,928 unknown. 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: 326,981UNKNOWN: 29,928
Largest asset managers voting on “Non-binding advisory resolution to accept the approach to executive compensation disclosed in the management p” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Rempart Asset Management Inc.184,4770 00For
WINDWARD CAPITAL MANAGEMENT CO /CA87,2330 00For
Summerhill Capital Management lnc.46,5710 00For
L. Roy Papp & Associates, LLP00 00--
K.J. Harrison & Partners Inc7,8000 00For
TIEMANN INVESTMENT ADVISORS, LLC6000 00For
Financial Alternatives, Inc3000 00For

32. Advisory Resolution on Executive Compensation

No official resultsSECTION 14A SAY-ON-PAY VOTES

100% of fund votes cast · no official result

FOR
Details: votes by 2 asset managers

The 2 asset managers below reported 566 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: 566
Largest asset managers voting on “Advisory Resolution on Executive Compensation” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
IQ EQ FUND MANAGEMENT (IRELAND) Ltd5660 00For
IPConcept (Luxemburg) S.A.00 00--

33. Ratify KPMG LLP as Auditors

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 72 asset managers

The 72 asset managers below reported 48,306,992 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: 48,306,992
Largest asset managers voting on “Ratify KPMG LLP as Auditors” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard15,318,0160 00For
Capital Group6,912,1860 00For
MFS5,204,4620 00For
Fidelity4,194,7820 00For
BlackRock3,881,0280 00For
T. Rowe Price1,892,0800 00For
BNY Mellon1,344,6370 00For
Dimensional996,8910 00For
Artisan927,6000 00For
TIAA926,9270 00For
Northern Trust801,8250 00For
State Street723,0040 00For
New York Life518,1400 00For
First Trust478,1620 00For
AllianceBernstein372,0620 00For
Principal348,5470 00For
Thrivent326,7870 00For
INTERNATIONAL GROWTH & INCOME FUND324,4830 00For
Prudential/PGIM298,5570 00For
Brighthouse282,6640 00For
Columbia Threadneedle252,5300 00For
Invesco180,8910 00For
WILLIAM BLAIR FUNDS167,3150 00For
Pacific Life146,8770 00For
Franklin Templeton138,8160 00For

Showing the 25 largest of 72 asset managers. See all 72 in the interactive database.

34. APPOINTMENT OF KPMG LLP AS AUDITORS.

No official resultsAUDIT-RELATED

Combines 3 wordings of this item as funds reported it.

99.7% of fund votes cast · no official result

FOR
Details: votes by 41 asset managers

The 41 asset managers below reported 7,074,334 for, 19,500 against, 823 withheld. 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: 7,074,334AGAINST: 19,500WITHHOLD: 823
Largest asset managers voting on “APPOINTMENT OF KPMG LLP AS AUDITORS.” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
JPMorgan2,757,6040 00For
HARDING LOEVNER FUNDS INC1,356,5510 00For
Bridge Builder Trust956,7140 00For
AMANA MUTUAL FUNDS TRUST384,0000 00For
REAVES UTILITY INCOME FUND330,0000 00For
Manning & Napier289,7950 00For
Cohen & Steers164,4900 00For
RBB FUND, INC.123,7180 00For
John Hancock123,0790 00For
Jackson National117,9890 00For
YCG Funds113,3920 00For
BUFFALO FUNDS110,6010 00For
Brown Advisory Funds72,6850 00For
Investment Managers Series Trust34,4200 00For
Northern Lights Fund Trust IV21,4360 00For
Advisors' Inner Circle Fund III019,500 00Against
TRUST FOR PROFESSIONAL MANAGERS14,9400 00For
Morningstar Funds Trust13,4500 00For
SATURNA INVESTMENT TRUST12,0000 00For
HOMESTEAD FUNDS INC10,7490 00For
Guardian Variable Products Trust10,4450 00For
SCHWARTZ INVESTMENT TRUST8,0000 00For
CULLEN FUNDS TRUST7,5480 00For
Listed Funds Trust5,7120 00For
Pacer Funds Trust5,6860 00For

Showing the 25 largest of 41 asset managers. See all 41 in the interactive database.

35. Appointment of Auditor

No official resultsAUDIT-RELATED

93% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 19,749,138 for, 1,253,467 against, 123,312 withheld. 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: 19,749,138AGAINST: 1,253,467WITHHOLD: 123,312
Largest asset managers voting on “Appointment of Auditor” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard14,596,8181,253,467 097,682Mixed
Putnam1,598,1000 00For
Charles Schwab1,275,6270 00For
Hartford1,127,9170 07,146For
Brighthouse502,3350 05,699For
Russell Investments280,3600 00For
Prudential/PGIM173,6580 00For
New York Life121,5090 00For
Partners Group Private Equity (Master Fund), LLC33,2220 00For
MassMutual25,1300 00For
Capitol Series Trust00 012,785Withhold
IMPAX FUNDS SERIES TRUST III10,9540 00For
Federated Hermes1,6510 00For
Delaware/Macquarie1,1560 00For
Northern Lights Fund Trust IV5010 00For
Mercer Funds2000 00For

36. SP 1: Adopt a Paid Sick Leave Policy

No official resultsDIVERSITY, EQUITY, AND INCLUSION

1% of fund votes cast · no official result

AGAINST
Details: votes by 72 asset managers

The 72 asset managers below reported 687,489 for, 47,619,503 against. 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: 687,489AGAINST: 47,619,503
Largest asset managers voting on “SP 1: Adopt a Paid Sick Leave Policy” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard015,318,016 00Against
Capital Group06,912,186 00Against
MFS05,204,462 00Against
Fidelity9404,193,842 00Against
BlackRock03,881,028 00Against
T. Rowe Price01,892,080 00Against
BNY Mellon01,344,637 00Against
Dimensional0996,891 00Against
Artisan0927,600 00Against
TIAA0926,927 00Against
Northern Trust41,577760,248 00Mixed
State Street0723,004 00Against
New York Life2,082516,058 00Against
First Trust0478,162 00Against
AllianceBernstein0372,062 00Against
Principal4,300344,247 00Against
Thrivent0326,787 00Against
INTERNATIONAL GROWTH & INCOME FUND0324,483 00Against
Prudential/PGIM0298,557 00Against
Brighthouse0282,664 00Against
Columbia Threadneedle0252,530 00Against
Invesco0180,891 00Against
WILLIAM BLAIR FUNDS167,3150 00For
Pacific Life0146,877 00Against
Franklin Templeton138,8160 00For

Showing the 25 largest of 72 asset managers. See all 72 in the interactive database.

37. Shareholder proposal (the full text of which and supporting statement, together with the Board of Directors' response…

Combines 4 wordings of this item as funds reported it.

6% of fund votes cast · no official result

AGAINST
Details: description as filed, votes by 29 asset managers

Description as filed by funds: Shareholder proposal (the full text of which and supporting statement, together with the Board of Directors' response and voting recommendation, is set out in Schedule "E" of the management proxy circular).

The 29 asset managers below reported 425,589 for, 6,340,203 against. 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: 425,589AGAINST: 6,340,203
Largest asset managers voting on “Shareholder proposal (the full text of which and supporting statement, together with the Board of Directors' r” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
JPMorgan02,757,604 00Against
HARDING LOEVNER FUNDS INC01,356,551 00Against
Bridge Builder Trust0865,140 00Against
AMANA MUTUAL FUNDS TRUST0384,000 00Against
REAVES UTILITY INCOME FUND0330,000 00Against
Manning & Napier289,7950 00For
Cohen & Steers0164,490 00Against
RBB FUND, INC.123,7180 00For
Jackson National0117,989 00Against
YCG Funds0113,392 00Against
BUFFALO FUNDS0110,601 00Against
Brown Advisory Funds072,685 00Against
SATURNA INVESTMENT TRUST012,000 00Against
HOMESTEAD FUNDS INC010,749 00Against
Guardian Variable Products Trust010,445 00Against
Northern Lights Fund Trust IV8,0370 00For
SCHWARTZ INVESTMENT TRUST08,000 00Against
CULLEN FUNDS TRUST07,548 00Against
Pacer Funds Trust05,171 00Against
Ultimus Managers Trust04,928 00Against
CITY NATIONAL ROCHDALE FUNDS04,351 00Against
Gateway Trust03,371 00Against
HOWLAND CAPITAL MANAGEMENT LLC3,2440 00For
Decatur Capital Management, Inc.7950 00For
EA Series Trust0645 00Against

Showing the 25 largest of 29 asset managers. See all 29 in the interactive database.

38. Shareholder Proposal Regarding Paid Sick Leave

No official resultsHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE

0.2% of fund votes cast · no official result

AGAINST
Details: votes by 16 asset managers

The 16 asset managers below reported 23,739 for, 21,102,178 against. 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: 23,739AGAINST: 21,102,178
Largest asset managers voting on “Shareholder Proposal Regarding Paid Sick Leave” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard015,947,967 00Against
Putnam01,598,100 00Against
Charles Schwab01,275,627 00Against
Hartford01,135,063 00Against
Brighthouse0508,034 00Against
Russell Investments0280,360 00Against
Prudential/PGIM0173,658 00Against
New York Life0121,509 00Against
Partners Group Private Equity (Master Fund), LLC033,222 00Against
MassMutual025,130 00Against
Capitol Series Trust12,7850 00For
IMPAX FUNDS SERIES TRUST III10,9540 00For
Federated Hermes01,651 00Against
Delaware/Macquarie01,156 00Against
Northern Lights Fund Trust IV0501 00Against
Mercer Funds0200 00Against

39. SHAREHOLDER PROPOSAL (THE FULL TEXT OF WHICH AND SUPPORTING STATEMENT, TOGETHER WITH THE BOARD OF DIRECTORS' RESPONSE…

41% of fund votes cast · no official result

FORAGAINST
Details: description as filed, votes by 13 asset managers

Description as filed by funds: SHAREHOLDER PROPOSAL (THE FULL TEXT OF WHICH AND SUPPORTING STATEMENT, TOGETHER WITH THE BOARD OF DIRECTORS' RESPONSE AND VOTING RECOMMENDATION, IS SET OUT IN SCHEDULE ''E'' OF THE INFORMATION CIRCULAR)

The 13 asset managers below reported 130,185 for, 185,202 against. 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: 130,185AGAINST: 185,202
Largest asset managers voting on “SHAREHOLDER PROPOSAL (THE FULL TEXT OF WHICH AND SUPPORTING STATEMENT, TOGETHER WITH THE BOARD OF DIRECTORS' R” at CANADIAN NATIONAL RAILWAY CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
John Hancock0123,079 00Against
Bridge Builder Trust91,5740 00For
Investment Managers Series Trust034,420 00Against
Advisors' Inner Circle Fund III19,5000 00For
TRUST FOR PROFESSIONAL MANAGERS014,940 00Against
Northern Lights Fund Trust IV13,3990 00For
Listed Funds Trust5,7120 00For
Allianz04,779 00Against
Tidal ETF Trust03,910 00Against
TIMOTHY PLAN02,727 00Against
SP Funds Trust0601 00Against
Pacer Funds Trust0515 00Against
GPS Funds I0231 00Against

Largest CANADIAN NATIONAL RAILWAY CO. 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, shown as a share of the 642,700,000 shares outstanding at the time of that meeting.

Fund voting reports: top CANADIAN NATIONAL RAILWAY CO. shareholders by shares voted on “ELECTION OF DIRECTOR: DAVID FREEMAN”, 2023-2024
#Asset manager % of shares outstanding
1Vanguard 4.86%
2Capital Group 1.08%
3MFS 0.81%
4Fidelity 0.65%
5BlackRock 0.60%
6JPMorgan 0.43%
7T. Rowe Price 0.29%
8Putnam 0.25%
9HARDING LOEVNER FUNDS INC 0.21%
10BNY Mellon 0.21%
Institutional-manager reports: top CANADIAN NATIONAL RAILWAY CO. shareholders by shares voted on “Non-binding advisory resolution (the full text of which is set out on page 15 of the management…”, 2023-2024
#Asset manager % of shares outstanding
11832 Asset Management L.P. 1.60%
2JARISLOWSKY, FRASER Ltd 0.95%
3SCOTIA CAPITAL INC. 0.53%
4HARDING LOEVNER LP 0.40%
5Northern Trust 0.16%
6RIVULET CAPITAL, LLC 0.13%
7ENVESTNET ASSET MANAGEMENT INC 0.10%
8Manning & Napier 0.09%
9Cardinal Capital Management, Inc. 0.07%
10Nekton Capital Ltd. 0.06%

Reported CANADIAN NATIONAL RAILWAY CO. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

CANADIAN NATIONAL RAILWAY CO. holdings and ownership disclosed for the 2023-2024 proxy season
Holder % outstanding Disclosure
Vanguard Group 3.78% 13F
Wellington Management 3.11% 13F
BNY Mellon 2.07% 13F
Capital International 1.40% 13F
Norges Bank 0.94% 13F
T. Rowe Price 0.62% 13F
Goldman Sachs 0.54% 13F
JPMorgan Chase 0.43% 13F
Morgan Stanley 0.37% 13F
Geode Capital 0.36% 13F

Percentages above are of 642,700,000 shares outstanding, as reported by CANADIAN NATIONAL RAILWAY CO. on its Form 6-K dated December 31, 2023 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

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. Shares outstanding are taken from CANADIAN NATIONAL RAILWAY CO.’s 6-K dated December 31, 2023. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At CANADIAN NATIONAL RAILWAY CO.'s shareholder meeting held April 26, 2024, in the 2023-2024 proxy season, 467 asset managers reported how they voted in their SEC Form N-PX filings, covering 6,702 separate fund positions. Their filings are grouped here into 39 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 — Non-binding advisory resolution (the full text of which is set out on page 15 of the management… — the reporting funds and managers cast 99.2% 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). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.

CANADIAN NATIONAL RAILWAY CO. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.