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ECOLAB INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and ECOLAB INC.’s Form 8-K, filed May 9, 2025 (Item 5.07 on EDGAR). Page generated October 18, 2026.

  • 16Reported items
  • 1,190Asset managers
  • 16,637Fund votes
  • May 8, 2025Meeting date

Results at a glance

Meeting of May 8, 2025: 16 items on ECOLAB INC.’s Form 8-K, filed May 9, 2025: 13 elected · 3 approved.

Material 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 ECOLAB INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by ECOLAB INC.

These tallies are ECOLAB INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 9, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

ECOLAB INC. — official shareholder meeting results, meeting held May 8, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Judson B. Althoff 230,848,9595,320,640366,043 --15,576,671 98%Elected—
Elect Director: Shari L. Ballard 230,548,7235,528,109458,810 --15,576,671 98%Elected—
Elect Director: Christophe Beck 215,375,74619,458,1921,701,704 --15,576,671 92%Elected—
Elect Director: Michel D. Doukeris 212,375,70723,758,131401,804 --15,576,671 90%Elected—
Elect Director: Eric M. Green 223,038,30613,160,493336,843 --15,576,671 94%Elected—
Elect Director: Marion K. Gross 235,721,263448,414365,965 --15,576,671 99.8%Elected—
Elect Director: Michael Larson 226,833,1159,246,382456,145 --15,576,671 96%Elected—
Elect Director: David W. MacLennan 221,841,09814,161,875532,669 --15,576,671 94%Elected—
Elect Director: Tracy B. McKibben 226,011,36610,062,764461,512 --15,576,671 96%Elected—
Elect Director: Lionel L. Nowell III 228,561,0557,478,964495,623 --15,576,671 97%Elected—
Elect Director: Victoria J. Reich 221,449,43914,492,244593,959 --15,576,671 94%Elected—
Elect Director: Suzanne M. Vautrinot 224,884,53511,135,941515,166 --15,576,671 95%Elected—
Elect Director: John J. Zillmer 181,160,64855,003,741371,253 --15,576,671 77%Elected—
The second proposal voted on was approval, on an advisory basis, of the compensation of the named executive officers disclosed in the Company's Proxy Statement. The proposal received the following votes and was approved: 210,313,97524,005,4202,216,247 --15,576,671 90%Approved—
The third proposal voted upon was the ratification of the appointment of PricewaterhouseCoopers LLP as Ecolab's independent registered public accounting firm for the year ending December 31, 2025. The proposal received the following votes and was approved: 218,186,27333,694,968231,072 --0 87%Approved—
The fourth proposal voted on was approval of amendments to the Company's Restated Certificate of Incorporation to limit the liability of certain officers as permitted by Delaware law. The proposal received the following votes and was approved: 209,983,88926,115,457436,296 --15,576,671 89%Approved—

Source: ECOLAB INC., Form 8-K, filed with the SEC on May 9, 2025 — read the filing on EDGAR.

How asset managers voted at the ECOLAB INC. 2024-2025 meeting

Each item below shows how the 1,190 asset managers that disclosed a ECOLAB INC. 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 ECOLAB INC.’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 Director: Judson B. Althoff

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 230,848,959AGAINST: 5,320,640
Details: description as filed, official tally, votes by 197 asset managers

Description as filed by funds: Election of Directors: Judson B. Althoff

ECOLAB INC.’s own tally for this item (“Elect Director: Judson B. Althoff”): 230,848,959 for, 5,320,640 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 13 persons nominated by the Board received the following votes and were elected:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 197 asset managers below reported 67,382,399 for, 1,040 against, 20,850 abstained, 755 not voted, 54,766 unknown.

FOR
FOR: 67,382,399AGAINST: 1,040ABSTAIN: 20,850UNKNOWN: 54,766NOT VOTED: 755
Largest asset managers voting on “Election of Directors: Judson B. Althoff” at ECOLAB INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard28,372,7022 00For
Fidelity6,673,1830 00For
BlackRock6,636,9560 00For
State Street2,581,2460 00For
Invesco1,819,6620 00For
Charles Schwab1,430,6520 00For
AMCAP FUND1,388,9960 00For
FRANKLIN MANAGED TRUST1,315,7500 00For
First Trust1,268,6660 00For
TIAA1,135,3750 00For
American Century1,023,2860 00For
Bridge Builder Trust972,3890 00For
Calvert862,8030 00For
New York Life806,5310 00For
ProShares749,1880 00For
Capital Group728,0010 00For
Brown Advisory Funds599,5730 00For
Franklin Custodian Funds567,7560 00For
Dimensional507,3020 00For
Equitable429,3500 00For
Legg Mason401,4620 00For
MASTER INVESTMENT PORTFOLIO393,7360 00For
TRUST FOR PROFESSIONAL MANAGERS375,8160 00For
Brighthouse298,6530 18,7970Mixed
John Hancock281,2230 00For

Showing the 25 largest of 197 asset managers. See all 197 in the interactive database.

2. Elect Director: Shari L. Ballard

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 230,548,723AGAINST: 5,528,109
Details: description as filed, official tally, votes by 197 asset managers

Description as filed by funds: Election of Directors: Shari L. Ballard

ECOLAB INC.’s own tally for this item (“Elect Director: Shari L. Ballard”): 230,548,723 for, 5,528,109 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 13 persons nominated by the Board received the following votes and were elected:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 197 asset managers below reported 67,382,390 for, 1,046 against, 20,853 abstained, 755 not voted, 54,766 unknown.

FOR
FOR: 67,382,390AGAINST: 1,046ABSTAIN: 20,853UNKNOWN: 54,766NOT VOTED: 755
Largest asset managers voting on “Election of Directors: Shari L. Ballard” at ECOLAB INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard28,372,7022 00For
Fidelity6,673,1830 00For
BlackRock6,636,9560 00For
State Street2,581,2460 00For
Invesco1,819,6620 00For
Charles Schwab1,430,6520 00For
AMCAP FUND1,388,9960 00For
FRANKLIN MANAGED TRUST1,315,7500 00For
First Trust1,268,6660 00For
TIAA1,135,3750 00For
American Century1,023,2860 00For
Bridge Builder Trust972,3890 00For
Calvert862,8030 00For
New York Life806,5310 00For
ProShares749,1880 00For
Capital Group728,0010 00For
Brown Advisory Funds599,5730 00For
Franklin Custodian Funds567,7560 00For
Dimensional507,3020 00For
Equitable429,3500 00For
Legg Mason401,4620 00For
MASTER INVESTMENT PORTFOLIO393,7360 00For
TRUST FOR PROFESSIONAL MANAGERS375,8160 00For
Brighthouse298,6530 18,7970Mixed
John Hancock281,2230 00For

Showing the 25 largest of 197 asset managers. See all 197 in the interactive database.

3. Elect Director: Christophe Beck

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%
FOR: 215,375,746AGAINST: 19,458,192
Details: description as filed, official tally, votes by 197 asset managers

Description as filed by funds: Election of Directors: Christophe Beck

ECOLAB INC.’s own tally for this item (“Elect Director: Christophe Beck”): 215,375,746 for, 19,458,192 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 13 persons nominated by the Board received the following votes and were elected:”
Support: 92% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 197 asset managers below reported 67,358,077 for, 24,257 against, 20,898 abstained, 755 not voted, 55,823 unknown.

FOR
FOR: 67,358,077AGAINST: 24,257ABSTAIN: 20,898UNKNOWN: 55,823NOT VOTED: 755
Largest asset managers voting on “Election of Directors: Christophe Beck” at ECOLAB INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard28,372,6977 10For
Fidelity6,673,1830 00For
BlackRock6,636,9560 00For
State Street2,581,22323 00For
Invesco1,819,6620 00For
Charles Schwab1,430,6520 00For
AMCAP FUND1,388,9960 00For
FRANKLIN MANAGED TRUST1,315,7500 00For
First Trust1,268,6660 00For
TIAA1,135,3750 00For
American Century1,023,2860 00For
Bridge Builder Trust972,3890 00For
Calvert862,8030 00For
New York Life806,5310 00For
ProShares749,1880 00For
Capital Group728,0010 00For
Brown Advisory Funds599,5730 00For
Franklin Custodian Funds567,7560 00For
Dimensional507,3020 00For
Equitable429,3500 00For
Legg Mason401,4620 00For
MASTER INVESTMENT PORTFOLIO393,7360 00For
TRUST FOR PROFESSIONAL MANAGERS375,8160 00For
Brighthouse298,6530 18,7970Mixed
John Hancock281,2230 00For

Showing the 25 largest of 197 asset managers. See all 197 in the interactive database.

4. Elect Director: Michel D. Doukeris

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%
FOR: 212,375,707AGAINST: 23,758,131
Details: description as filed, official tally, votes by 197 asset managers

Description as filed by funds: Election of Directors: Michel D. Doukeris

ECOLAB INC.’s own tally for this item (“Elect Director: Michel D. Doukeris”): 212,375,707 for, 23,758,131 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 13 persons nominated by the Board received the following votes and were elected:”
Support: 90% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 197 asset managers below reported 66,127,030 for, 1,251,273 against, 25,986 abstained, 755 not voted, 54,766 unknown.

FOR
FOR: 66,127,030AGAINST: 1,251,273ABSTAIN: 25,986UNKNOWN: 54,766NOT VOTED: 755
Largest asset managers voting on “Election of Directors: Michel D. Doukeris” at ECOLAB INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard28,372,6977 00For
Fidelity6,673,1830 00For
BlackRock6,636,9560 00For
State Street2,581,16779 00For
Invesco1,819,6620 00For
Charles Schwab1,430,6520 00For
AMCAP FUND1,388,9960 00For
FRANKLIN MANAGED TRUST1,315,7500 00For
First Trust1,268,6660 00For
TIAA1,135,3750 00For
American Century858,000165,286 00Mixed
Bridge Builder Trust911,07961,310 00Mixed
Calvert862,8030 00For
New York Life794,48712,044 00For
ProShares749,1880 00For
Capital Group728,0010 00For
Brown Advisory Funds599,5730 00For
Franklin Custodian Funds567,7560 00For
Dimensional507,3020 00For
Equitable425,3504,000 00For
Legg Mason401,4620 00For
MASTER INVESTMENT PORTFOLIO393,7360 00For
TRUST FOR PROFESSIONAL MANAGERS375,8160 00For
Brighthouse298,6530 18,7970Mixed
John Hancock281,2230 00For

Showing the 25 largest of 197 asset managers. See all 197 in the interactive database.

5. Elect Director: Eric M. Green

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 223,038,306AGAINST: 13,160,493
Details: description as filed, official tally, votes by 197 asset managers

Description as filed by funds: Election of Directors: Eric M. Green

ECOLAB INC.’s own tally for this item (“Elect Director: Eric M. Green”): 223,038,306 for, 13,160,493 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 13 persons nominated by the Board received the following votes and were elected:”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 197 asset managers below reported 67,177,682 for, 205,759 against, 20,849 abstained, 755 not voted, 54,766 unknown.

FOR
FOR: 67,177,682AGAINST: 205,759ABSTAIN: 20,849UNKNOWN: 54,766NOT VOTED: 755
Largest asset managers voting on “Election of Directors: Eric M. Green” at ECOLAB INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard28,372,7004 00For
Fidelity6,673,1830 00For
BlackRock6,636,9560 00For
State Street2,581,2460 00For
Invesco1,819,6620 00For
Charles Schwab1,430,6520 00For
AMCAP FUND1,388,9960 00For
FRANKLIN MANAGED TRUST1,315,7500 00For
First Trust1,268,6660 00For
TIAA1,135,3750 00For
American Century1,023,2860 00For
Bridge Builder Trust972,3890 00For
Calvert862,8030 00For
New York Life806,5310 00For
ProShares749,1880 00For
Capital Group728,0010 00For
Brown Advisory Funds599,5730 00For
Franklin Custodian Funds567,7560 00For
Dimensional507,3020 00For
Equitable429,3500 00For
Legg Mason401,4620 00For
MASTER INVESTMENT PORTFOLIO393,7360 00For
TRUST FOR PROFESSIONAL MANAGERS375,8160 00For
Brighthouse298,6530 18,7970Mixed
John Hancock273,8317,392 00For

Showing the 25 largest of 197 asset managers. See all 197 in the interactive database.

6. Election of Directors: Marion K. Gros

No official matchDIRECTOR ELECTIONS

Combines 6 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 197 asset managers

The 197 asset managers below reported 67,378,291 for, 13 against, 25,985 abstained, 755 not voted, 54,766 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: 67,378,291AGAINST: 13ABSTAIN: 25,985UNKNOWN: 54,766NOT VOTED: 755
Largest asset managers voting on “Election of Directors: Marion K. Gros” at ECOLAB INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard28,372,7040 00For
Fidelity6,673,1830 00For
BlackRock6,636,9560 00For
State Street2,581,2460 00For
Invesco1,819,6620 00For
Charles Schwab1,430,6520 00For
AMCAP FUND1,388,9960 00For
FRANKLIN MANAGED TRUST1,315,7500 00For
First Trust1,268,6660 00For
TIAA1,135,3750 00For
American Century1,023,2860 00For
Bridge Builder Trust972,3890 00For
Calvert862,8030 00For
New York Life806,5310 00For
ProShares749,1880 00For
Capital Group728,0010 00For
Brown Advisory Funds599,5730 00For
Franklin Custodian Funds567,7560 00For
Dimensional507,3020 00For
Equitable429,3500 00For
Legg Mason401,4620 00For
MASTER INVESTMENT PORTFOLIO393,7360 00For
TRUST FOR PROFESSIONAL MANAGERS375,8160 00For
Brighthouse298,6530 18,7970Mixed
John Hancock281,2230 00For

Showing the 25 largest of 197 asset managers. See all 197 in the interactive database.

7. Elect Director: Michael Larson

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 226,833,115AGAINST: 9,246,382
Details: description as filed, official tally, votes by 197 asset managers

Description as filed by funds: Election of Directors: Michael Larson

ECOLAB INC.’s own tally for this item (“Elect Director: Michael Larson”): 226,833,115 for, 9,246,382 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 13 persons nominated by the Board received the following votes and were elected:”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 197 asset managers below reported 67,381,170 for, 2,266 against, 20,853 abstained, 755 not voted, 54,766 unknown.

FOR
FOR: 67,381,170AGAINST: 2,266ABSTAIN: 20,853UNKNOWN: 54,766NOT VOTED: 755
Largest asset managers voting on “Election of Directors: Michael Larson” at ECOLAB INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard28,372,7013 00For
Fidelity6,673,1830 00For
BlackRock6,636,9560 00For
State Street2,581,22323 00For
Invesco1,819,6620 00For
Charles Schwab1,430,6520 00For
AMCAP FUND1,388,9960 00For
FRANKLIN MANAGED TRUST1,315,7500 00For
First Trust1,268,6660 00For
TIAA1,135,3750 00For
American Century1,023,2860 00For
Bridge Builder Trust972,3890 00For
Calvert862,8030 00For
New York Life806,5310 00For
ProShares749,1880 00For
Capital Group728,0010 00For
Brown Advisory Funds599,5730 00For
Franklin Custodian Funds567,7560 00For
Dimensional507,3020 00For
Equitable429,3500 00For
Legg Mason401,4620 00For
MASTER INVESTMENT PORTFOLIO393,7360 00For
TRUST FOR PROFESSIONAL MANAGERS375,8160 00For
Brighthouse298,6530 18,7970Mixed
John Hancock281,2230 00For

Showing the 25 largest of 197 asset managers. See all 197 in the interactive database.

8. Elect Director: David W. MacLennan

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 221,841,098AGAINST: 14,161,875
Details: description as filed, official tally, votes by 197 asset managers

Description as filed by funds: Election of Directors: David W. MacLennan

ECOLAB INC.’s own tally for this item (“Elect Director: David W. MacLennan”): 221,841,098 for, 14,161,875 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 13 persons nominated by the Board received the following votes and were elected:”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 197 asset managers below reported 66,290,700 for, 1,092,733 against, 20,856 abstained, 755 not voted, 54,766 unknown.

FOR
FOR: 66,290,700AGAINST: 1,092,733ABSTAIN: 20,856UNKNOWN: 54,766NOT VOTED: 755
Largest asset managers voting on “Election of Directors: David W. MacLennan” at ECOLAB INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard28,372,6994 00For
Fidelity6,673,1830 00For
BlackRock6,636,9560 00For
State Street2,581,2460 00For
Invesco1,819,6620 00For
Charles Schwab1,430,6520 00For
AMCAP FUND1,388,9960 00For
FRANKLIN MANAGED TRUST1,315,7500 00For
First Trust1,268,6660 00For
TIAA1,135,3750 00For
American Century1,023,2860 00For
Bridge Builder Trust972,3890 00For
Calvert0862,803 00Against
New York Life806,5310 00For
ProShares749,1880 00For
Capital Group728,0010 00For
Brown Advisory Funds599,5730 00For
Franklin Custodian Funds567,7560 00For
Dimensional507,3020 00For
Equitable429,3500 00For
Legg Mason401,4620 00For
MASTER INVESTMENT PORTFOLIO393,7360 00For
TRUST FOR PROFESSIONAL MANAGERS375,8160 00For
Brighthouse298,6530 18,7970Mixed
John Hancock273,8317,392 00For

Showing the 25 largest of 197 asset managers. See all 197 in the interactive database.

9. Elect Director: Tracy B. McKibben

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 226,011,366AGAINST: 10,062,764
Details: description as filed, official tally, votes by 197 asset managers

Description as filed by funds: Election of Directors: Tracy B. McKibben

ECOLAB INC.’s own tally for this item (“Elect Director: Tracy B. McKibben”): 226,011,366 for, 10,062,764 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 13 persons nominated by the Board received the following votes and were elected:”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 197 asset managers below reported 67,223,545 for, 159,686 against, 205 withheld, 20,853 abstained, 755 not voted, 54,766 unknown.

FOR
FOR: 67,223,545AGAINST: 159,686ABSTAIN: 20,853WITHHOLD: 205UNKNOWN: 54,766NOT VOTED: 755
Largest asset managers voting on “Election of Directors: Tracy B. McKibben” at ECOLAB INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard28,372,7013 00For
Fidelity6,673,1830 00For
BlackRock6,636,9560 00For
State Street2,581,2460 00For
Invesco1,819,6620 00For
Charles Schwab1,430,6520 00For
AMCAP FUND1,388,9960 00For
FRANKLIN MANAGED TRUST1,315,7500 00For
First Trust1,268,6660 00For
TIAA1,135,3750 00For
American Century1,023,2860 00For
Bridge Builder Trust972,3890 00For
Calvert862,8030 00For
New York Life806,5310 00For
ProShares749,1880 00For
Capital Group728,0010 00For
Brown Advisory Funds599,5730 00For
Franklin Custodian Funds567,7560 00For
Dimensional507,3020 00For
Equitable429,3500 00For
Legg Mason401,4620 00For
MASTER INVESTMENT PORTFOLIO393,7360 00For
TRUST FOR PROFESSIONAL MANAGERS375,8160 00For
Brighthouse298,6530 18,7970Mixed
John Hancock281,2230 00For

Showing the 25 largest of 197 asset managers. See all 197 in the interactive database.

10. Elect Director: Lionel L. Nowell III

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 228,561,055AGAINST: 7,478,964
Details: description as filed, official tally, votes by 197 asset managers

Description as filed by funds: Election of Directors: Lionel L. Nowell III

ECOLAB INC.’s own tally for this item (“Elect Director: Lionel L. Nowell III”): 228,561,055 for, 7,478,964 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 13 persons nominated by the Board received the following votes and were elected:”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 197 asset managers below reported 67,361,171 for, 22,059 against, 205 withheld, 20,854 abstained, 755 not voted, 54,766 unknown.

FOR
FOR: 67,361,171AGAINST: 22,059ABSTAIN: 20,854WITHHOLD: 205UNKNOWN: 54,766NOT VOTED: 755
Largest asset managers voting on “Election of Directors: Lionel L. Nowell III” at ECOLAB INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard28,372,7013 00For
Fidelity6,673,1830 00For
BlackRock6,636,9560 00For
State Street2,581,2460 00For
Invesco1,819,6620 00For
Charles Schwab1,430,6520 00For
AMCAP FUND1,388,9960 00For
FRANKLIN MANAGED TRUST1,315,7500 00For
First Trust1,268,6660 00For
TIAA1,135,3750 00For
American Century1,023,2860 00For
Bridge Builder Trust972,3890 00For
Calvert862,8030 00For
New York Life806,5310 00For
ProShares749,1880 00For
Capital Group728,0010 00For
Brown Advisory Funds599,5730 00For
Franklin Custodian Funds567,7560 00For
Dimensional507,3020 00For
Equitable429,3500 00For
Legg Mason401,4620 00For
MASTER INVESTMENT PORTFOLIO393,7360 00For
TRUST FOR PROFESSIONAL MANAGERS375,8160 00For
Brighthouse298,6530 18,7970Mixed
John Hancock281,2230 00For

Showing the 25 largest of 197 asset managers. See all 197 in the interactive database.

11. Elect Director: Victoria J. Reich

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 221,449,439AGAINST: 14,492,244
Details: description as filed, official tally, votes by 197 asset managers

Description as filed by funds: Election of Directors: Victoria. Reich

ECOLAB INC.’s own tally for this item (“Elect Director: Victoria J. Reich”): 221,449,439 for, 14,492,244 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 13 persons nominated by the Board received the following votes and were elected:”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 197 asset managers below reported 67,126,840 for, 251,251 against, 205 withheld, 25,993 abstained, 755 not voted, 54,766 unknown.

FOR
FOR: 67,126,840AGAINST: 251,251ABSTAIN: 25,993WITHHOLD: 205UNKNOWN: 54,766NOT VOTED: 755
Largest asset managers voting on “Election of Directors: Victoria. Reich” at ECOLAB INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard28,372,6995 00For
Fidelity6,673,1830 00For
BlackRock6,636,9560 00For
State Street2,581,16779 00For
Invesco1,819,6620 00For
Charles Schwab1,430,6520 00For
AMCAP FUND1,388,9960 00For
FRANKLIN MANAGED TRUST1,315,7500 00For
First Trust1,268,6660 00For
TIAA1,135,3750 00For
American Century1,023,2860 00For
Bridge Builder Trust911,07961,310 00Mixed
Calvert862,8030 00For
New York Life806,5310 00For
ProShares749,1880 00For
Capital Group728,0010 00For
Brown Advisory Funds599,5730 00For
Franklin Custodian Funds567,7560 00For
Dimensional507,3020 00For
Equitable429,3500 00For
Legg Mason401,4620 00For
MASTER INVESTMENT PORTFOLIO393,7360 00For
TRUST FOR PROFESSIONAL MANAGERS375,8160 00For
Brighthouse298,6530 18,7970Mixed
John Hancock281,2230 00For

Showing the 25 largest of 197 asset managers. See all 197 in the interactive database.

12. Elect Director: Suzanne M. Vautrinot

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 224,884,535AGAINST: 11,135,941
Details: description as filed, official tally, votes by 197 asset managers

Description as filed by funds: Election of Directors: Suzanne M. Vautrinot

ECOLAB INC.’s own tally for this item (“Elect Director: Suzanne M. Vautrinot”): 224,884,535 for, 11,135,941 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 13 persons nominated by the Board received the following votes and were elected:”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 197 asset managers below reported 67,276,637 for, 106,797 against, 20,855 abstained, 755 not voted, 54,766 unknown.

FOR
FOR: 67,276,637AGAINST: 106,797ABSTAIN: 20,855UNKNOWN: 54,766NOT VOTED: 755
Largest asset managers voting on “Election of Directors: Suzanne M. Vautrinot” at ECOLAB INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard28,372,7004 00For
Fidelity6,673,1830 00For
BlackRock6,636,9560 00For
State Street2,581,16779 00For
Invesco1,819,6620 00For
Charles Schwab1,430,6520 00For
AMCAP FUND1,388,9960 00For
FRANKLIN MANAGED TRUST1,315,7500 00For
First Trust1,268,6660 00For
TIAA1,135,3750 00For
American Century1,023,2860 00For
Bridge Builder Trust911,07961,310 00Mixed
Calvert862,8030 00For
New York Life806,5310 00For
ProShares749,1880 00For
Capital Group728,0010 00For
Brown Advisory Funds599,5730 00For
Franklin Custodian Funds567,7560 00For
Dimensional507,3020 00For
Equitable429,3500 00For
Legg Mason401,4620 00For
MASTER INVESTMENT PORTFOLIO393,7360 00For
TRUST FOR PROFESSIONAL MANAGERS375,8160 00For
Brighthouse298,6530 18,7970Mixed
John Hancock281,2230 00For

Showing the 25 largest of 197 asset managers. See all 197 in the interactive database.

13. Elect Director: John J. Zillmer

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

77% Majority: yes · of votes cast

FOR 77%AGAINST
FOR: 181,160,648AGAINST: 55,003,741
Details: description as filed, official tally, votes by 197 asset managers

Description as filed by funds: Election of Directors: John J. Zillmer

ECOLAB INC.’s own tally for this item (“Elect Director: John J. Zillmer”): 181,160,648 for, 55,003,741 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 13 persons nominated by the Board received the following votes and were elected:”
Support: 77% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 197 asset managers below reported 54,656,176 for, 12,726,006 against, 20,850 abstained, 755 not voted, 56,023 unknown.

FORAGAINST
FOR: 54,656,176AGAINST: 12,726,006ABSTAIN: 20,850UNKNOWN: 56,023NOT VOTED: 755
Largest asset managers voting on “Election of Directors: John J. Zillmer” at ECOLAB INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,600,6313,772,073 00Mixed
Fidelity6,569,236103,947 00For
BlackRock18,2716,618,685 00Against
State Street2,581,16779 00For
Invesco1,819,6620 00For
Charles Schwab1,430,6520 00For
AMCAP FUND1,388,9960 00For
FRANKLIN MANAGED TRUST1,315,7500 00For
First Trust1,268,6660 00For
TIAA1,135,3750 00For
American Century1,023,2860 00For
Bridge Builder Trust491,611480,778 00Mixed
Calvert862,8030 00For
New York Life806,5310 00For
ProShares749,1880 00For
Capital Group728,0010 00For
Brown Advisory Funds599,5730 00For
Franklin Custodian Funds567,7560 00For
Dimensional507,3020 00For
Equitable352,79876,552 00Mixed
Legg Mason401,4620 00For
MASTER INVESTMENT PORTFOLIO0393,736 00Against
TRUST FOR PROFESSIONAL MANAGERS375,8160 00For
Brighthouse294,9083,745 18,7970Mixed
John Hancock281,2230 00For

Showing the 25 largest of 197 asset managers. See all 197 in the interactive database.

14. The fourth proposal voted on was approval of amendments to the Company's Restated Certificate of Incorporation to limit…

Official resultCORPORATE GOVERNANCEReported outcome: Approved

Combines 7 wordings of this item as funds reported it.

89% Approved · of votes cast

FOR 89%
FOR: 209,983,889AGAINST: 26,115,457
Details: description as filed, official tally, votes by 197 asset managers

Description as filed by funds: Approve amendment to the Ecolab Inc. Restated Certificate of Incorporation to limit the lability of certain officers as permitted by Delaware law.

ECOLAB INC.’s own tally for this item (“The fourth proposal voted on was approval of amendments to the Company's Restated Certificate of Incorporation to limit the liability of certain officers as permitted by Delaware law. The proposal received the following ”): 209,983,889 for, 26,115,457 against — passed, per its Form 8-K filed May 9, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The proposal received the following votes and was approved:”
Support: 89% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 197 asset managers below reported 64,074,156 for, 3,311,316 against, 18,816 abstained, 755 not voted, 54,766 unknown.

FOR
FOR: 64,074,156AGAINST: 3,311,316ABSTAIN: 18,816UNKNOWN: 54,766NOT VOTED: 755
Largest asset managers voting on “Approve amendment to the Ecolab Inc. Restated Certificate of Incorporation to limit the lability of certain of” at ECOLAB INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard28,368,1654,539 00For
Fidelity6,673,1830 00For
BlackRock6,629,5827,374 00For
State Street2,581,028218 00For
Invesco1,819,421241 00For
Charles Schwab1,430,6520 00For
AMCAP FUND1,388,9960 00For
FRANKLIN MANAGED TRUST01,315,750 00Against
First Trust1,268,6660 00For
TIAA1,135,3750 00For
American Century1,023,2860 00For
Bridge Builder Trust911,07961,310 00Mixed
Calvert862,8030 00For
New York Life806,5310 00For
ProShares749,1880 00For
Capital Group728,0010 00For
Brown Advisory Funds599,5730 00For
Franklin Custodian Funds0567,756 00Against
Dimensional507,3020 00For
Equitable412,96516,385 00For
Legg Mason3,040398,422 00Against
MASTER INVESTMENT PORTFOLIO393,7360 00For
TRUST FOR PROFESSIONAL MANAGERS359,28816,528 00For
Brighthouse298,6530 18,7970Mixed
John Hancock281,2230 00For

Showing the 25 largest of 197 asset managers. See all 197 in the interactive database.

15. The second proposal voted on was approval, on an advisory basis, of the compensation of the named executive officers…

Official resultFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 30 wordings of this item as funds reported it.

90% Approved · of votes cast

FOR 90%
FOR: 210,313,975AGAINST: 24,005,420
Details: description as filed, official tally, votes by 1,181 asset managers

Description as filed by funds: Approve, on an advisory basis, the compensation of our named executive officers disclosed in the Proxy Statement.

ECOLAB INC.’s own tally for this item (“The second proposal voted on was approval, on an advisory basis, of the compensation of the named executive officers disclosed in the Company's Proxy Statement. The proposal received the following votes and was approved:”): 210,313,975 for, 24,005,420 against — passed, per its Form 8-K filed May 9, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The proposal received the following votes and was approved:”
Support: 90% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of ECOLAB INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Say on pay” (3 managers, 569,866 for).

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).

Fund voting reports: 188 asset managers voting on “Approve, on an advisory basis, the compensation of our named executive officers disclosed in the Proxy Stateme” at ECOLAB INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard28,372,6958 10For
Fidelity6,673,1830 00For
BlackRock6,636,9560 00For
State Street2,581,16779 00For
Invesco1,819,6620 00For
Charles Schwab1,430,6520 00For
AMCAP FUND1,388,9960 00For
FRANKLIN MANAGED TRUST1,315,7500 00For
First Trust1,268,6660 00For
TIAA1,135,3750 00For
American Century1,023,2860 00For
Bridge Builder Trust911,07961,310 00Mixed
Calvert0862,803 00Against
New York Life806,5310 00For
ProShares749,1880 00For
Capital Group728,0010 00For
Brown Advisory Funds599,5730 00For
Franklin Custodian Funds567,7560 00For
Dimensional507,3020 00For
Equitable425,3504,000 00For
Legg Mason401,4620 00For
MASTER INVESTMENT PORTFOLIO393,7360 00For
TRUST FOR PROFESSIONAL MANAGERS375,8160 00For
Brighthouse298,6530 18,7970Mixed
John Hancock273,8317,392 00For

Fund voting reports, all 188 managers: 65,870,591 for, 1,253,417 against, 18,877 abstained, 755 not voted. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1,020 asset managers voting on “Approve, on an advisory basis, the compensation of our named executive officers disclosed in the Proxy Stateme” at ECOLAB INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock10,013,9441,439 00For
State Street6,734,98085,211 00For
GEODE CAPITAL MANAGEMENT, LLC5,395,0590 00For
Wellington4,704,2500 00For
Aristotle Capital Management, LLC4,128,4860 00For
PICTET ASSET MANAGEMENT SA3,300,7940 00For
Invesco2,719,2610 00For
Northern Trust2,626,44313,414 00For
Winslow Capital Management, LLC2,447,2390 00For
RBC Capital Markets, LLC2,399,8930 00For
Fidelity2,353,1750 00For
Amundi02,248,456 00Against
FRANKLIN ADVISERS INC2,112,7080 00For
UBS1,765,66426,921 00For
BROWN ADVISORY INC1,692,5330 00For
Charles Schwab1,514,7850 00For
Vanguard1,496,2700 00For
Union Investment Management GmbH01,478,584 00Against
Legal & General Investment Management Ltd2,2661,430,300 00Against
Capital Research Global Investors1,430,7550 00For
APG Asset Management US Inc.1,369,7390 00For
Mirova US LLC01,364,759 00Against
NORDEA INVESTMENT MANAGEMENT AB01,357,831 00Against
American Century1,319,0180 00For
Goldman Sachs1,219,9600 00For

Institutional-manager reports, all 1,020 managers: 109,291,269 for, 16,840,744 against, 759,437 abstained, 33,971 not voted, 57,171 unknown. Showing the 25 largest; see all in the interactive database.

16. The third proposal voted upon was the ratification of the appointment of PricewaterhouseCoopers LLP as Ecolab's…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 9 wordings of this item as funds reported it.

87% Approved · of votes cast

FOR 87%
FOR: 218,186,273AGAINST: 33,694,968
Details: description as filed, official tally, votes by 200 asset managers

Description as filed by funds: Ratify the appointment of PricewaterhouseCoopers LLP as Ecolab's independent registered public accounting firm for the current year ending December 31, 2025.

ECOLAB INC.’s own tally for this item (“The third proposal voted upon was the ratification of the appointment of PricewaterhouseCoopers LLP as Ecolab's independent registered public accounting firm for the year ending December 31, 2025. The proposal received t”): 218,186,273 for, 33,694,968 against — passed, per its Form 8-K filed May 9, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The proposal received the following votes and was approved:”
Support: 87% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 200 asset managers below reported 65,926,984 for, 1,459,302 against, 18,808 abstained, 755 not voted, 56,023 unknown.

FOR
FOR: 65,926,984AGAINST: 1,459,302ABSTAIN: 18,808UNKNOWN: 56,023NOT VOTED: 755
Largest asset managers voting on “Ratify the appointment of PricewaterhouseCoopers LLP as Ecolab's independent registered public accounting firm” at ECOLAB INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard28,336,14036,564 00For
Fidelity6,673,1830 00For
BlackRock6,631,9824,974 00For
State Street2,580,804442 00For
Invesco1,819,6620 00For
Charles Schwab1,430,6520 00For
AMCAP FUND1,388,9960 00For
FRANKLIN MANAGED TRUST1,315,7500 00For
First Trust1,268,6660 00For
TIAA1,135,3750 00For
American Century1,023,2860 00For
Bridge Builder Trust911,07961,310 00Mixed
Calvert0862,803 00Against
New York Life802,9493,582 00For
ProShares749,1880 00For
Capital Group728,0010 00For
Brown Advisory Funds599,5730 00For
Franklin Custodian Funds567,7560 00For
Dimensional507,3020 00For
Equitable425,3504,000 00For
Legg Mason401,4620 00For
MASTER INVESTMENT PORTFOLIO393,7360 00For
TRUST FOR PROFESSIONAL MANAGERS375,8160 00For
Brighthouse294,9083,745 18,7970Mixed
John Hancock273,8317,392 00For

Showing the 25 largest of 200 asset managers. See all 200 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of May 2, 2024, which belongs to the 2023-2024 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest ECOLAB INC. shareholders voting in 2024-2025

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 283,500,000 shares outstanding at the time of that meeting.

Fund voting reports: top ECOLAB INC. shareholders by shares voted on “Approve, on an advisory basis, the compensation of our named executive officers disclosed in…”, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 10.01%
2Fidelity 2.35%
3BlackRock 2.34%
4State Street 0.91%
5Invesco 0.64%
6Charles Schwab 0.50%
7AMCAP FUND 0.49%
8FRANKLIN MANAGED TRUST 0.46%
9First Trust 0.45%
10TIAA 0.40%
Institutional-manager reports: top ECOLAB INC. shareholders by shares voted on “Approve, on an advisory basis, the compensation of our named executive officers disclosed in…”, 2024-2025
#Asset manager % of shares outstanding
1BlackRock 3.53%
2State Street 2.41%
3GEODE CAPITAL MANAGEMENT, LLC 1.90%
4Wellington 1.66%
5Aristotle Capital Management, LLC 1.46%
6PICTET ASSET MANAGEMENT SA 1.16%
7Invesco 0.96%
8Northern Trust 0.93%
9Winslow Capital Management, LLC 0.86%
10RBC Capital Markets, LLC 0.85%

Reported ECOLAB INC. 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.

ECOLAB INC. holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
BlackRock 8.03% 13F
State Street 3.98% 13F
Morgan Stanley 2.46% 13F
Wellington Management 1.68% 13F
Northern Trust 1.10% 13F
Franklin Templeton 0.99% 13F
Goldman Sachs 0.96% 13F
Invesco 0.96% 13F

Percentages above are of 283,500,000 shares outstanding, as reported by ECOLAB INC. on its Form 10-Q dated March 31, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 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 ECOLAB INC.’s 10-Q dated March 31, 2025. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.

At ECOLAB INC.'s shareholder meeting held May 8, 2025, in the 2024-2025 proxy season, 1,190 asset managers reported how they voted in their SEC Form N-PX filings, covering 16,637 separate fund positions. Their filings are grouped here into 16 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Approve, on an advisory basis, the compensation of our named executive officers disclosed in… — ECOLAB INC.'s filing reports the proposal as approved, with 90% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: ECOLAB INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 9, 2025.

ECOLAB INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

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