Home › Companies › Merus N.V. › 2025-2026

Merus N.V. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Merus N.V.’s Form 8-K, filed December 9, 2025 (Item 5.07 on EDGAR). Page generated October 25, 2026.

  • 15Reported items
  • 206Asset managers
  • 1,250Fund votes
  • December 9, 2025Meeting date

Results at a glance

Meeting of December 9, 2025: 10 items on Merus N.V.’s Form 8-K, filed December 9, 2025: 10 without a stated outcome.

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 Merus N.V. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Merus N.V.

These tallies are Merus N.V.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed December 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.

Merus N.V. — official shareholder meeting results, meeting held December 9, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
1. Approval of Back-End Transactions (as defined in the Transaction Agreement), which comprises two separate voting items: Proposal 1a - Subject to certain conditions and provided that a certain Dutch tax ruling is obtained on or prior to the Subsequent Closin 53,749,5683915,322 ---- 99.9%Not verified—
Proposal 1b - Subject to certain conditions and provided that a certain Dutch tax ruling is not obtained ultimately on the Subsequent Closing Date, approval of a resolution (1) to amend the Company's articles of association to increase the Company's authorized 53,548,5101,397215,022 ---- 99.9%Not verified—
2. Conditional granting of full and final discharge to each member of the Company's board of directors for their acts of management or supervision, as applicable, up to and including the date of the EGM to the fullest extent permitted under applicable law 53,532,37717,025215,527 ---- 99.9%Not verified—
3. Appointment of Greg Mueller as non-executive director of the Company, which comprises two separate voting items: Proposal 3a - Opportunity for the shareholders of the Company to make recommendations at the EGM to the Company's non-executive directors in res 32,592,4868,926,66410,351,134 ---- 78%Not verified—
Proposal 3b - Appointment of Greg Mueller as a non-executive director of the Company, who has been designated by Purchaser in accordance with the Transaction Agreement, effective upon the consummation of the Offer: 39,173,52214,315,997275,410 ---- 73%Not verified—
4. Appointment of Anthony Pagano as non-executive director of the Company, which comprises two separate voting items: Proposal 4a - Opportunity for shareholders of the Company to make recommendations at the EGM to the Company's non-executive directors in respe 32,590,2878,942,97710,337,020 ---- 78%Not verified—
Proposal 4b - Appointment of Anthony Pagano as a non-executive director of the Company, who has been designated by Purchaser in accordance with the Transaction Agreement, effective upon the consummation of the Offer: 39,173,05314,316,636275,240 ---- 73%Not verified—
5. Appointment of Martine van Vugt, Ph.D., as non-executive director of the Company, which comprises two separate voting items: Proposal 5a - Opportunity for shareholders of the Company to make recommendations at the EGM to the Company's non-executive director 32,590,3128,941,77610,338,196 ---- 78%Not verified—
Proposal 5b - Appointment of Martine van Vugt, Ph.D., as a non-executive director of the Company, who has been designated by Purchaser in accordance with the Transaction Agreement, effective upon the consummation of the Offer: 39,173,56514,315,986275,378 ---- 73%Not verified—
6. Approval, by means of a non-binding advisory vote, of compensation that will or may become payable to the Company's named executive officers in connection with the completion of the Offer 29,838,63123,527,172399,126 ---- 56%Not verified—

Source: Merus N.V., Form 8-K, filed with the SEC on December 9, 2025 — read the filing on EDGAR.

How asset managers voted at the Merus N.V. 2025-2026 meeting

Each item below shows how the 206 asset managers that disclosed a Merus N.V. 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 Merus N.V.’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. 4. Appointment of Anthony Pagano as non-executive director of the Company, which comprises two separate voting items…

Outcome not verifiedCORPORATE GOVERNANCEReported outcome: Not verified

Combines 3 wordings of this item as funds reported it.

78% Majority: yes · of votes cast

FOR 78%AGAINST
FOR: 32,590,287AGAINST: 8,942,977
Details: description as filed, official tally, votes by 51 asset managers

Description as filed by funds: Appointment of Anthony Pagano as non-executive director of Merus Opportunity for Merus Shareholders to make recommendations at the EGM to Merus' non-executive directors in respect of their nomination to appoint a non-executive director

Merus N.V.’s own tally for this item (“4. Appointment of Anthony Pagano as non-executive director of the Company, which comprises two separate voting items: Proposal 4a - Opportunity for shareholders of the Company to make recommendations at the EGM to the Co”): 32,590,287 for, 8,942,977 against, per its Form 8-K filed December 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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 78% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 51 asset managers below reported 4,483,057 for, 1,441,560 against, 1,289,675 abstained.

FORAGAINSTABSTAIN
FOR: 4,483,057AGAINST: 1,441,560ABSTAIN: 1,289,675
Largest asset managers voting on “Appointment of Anthony Pagano as non-executive director of Merus Opportunity for Merus Shareholders to make re” at Merus N.V., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,941,9410 00For
Federated Hermes00 1,220,6320Abstain
Fidelity89,069797,250 00Mixed
Columbia Threadneedle548,5080 00For
MERGER FUND331,8000 00For
HARBOR FUNDS319,3840 00For
NEXPOINT FUNDS I0304,730 00Against
Investment Managers Series Trust II292,9890 00For
Vanguard220,64333,145 300Mixed
ARBITRAGE FUNDS0160,600 00Against
Voya116,7600 00For
First Trust91,3310 00For
State Street90,5670 00For
New York Life82,3690 00For
Invesco00 60,1420Abstain
Hartford045,714 00Against
Victory Capital44,9380 00For
Mercer Funds35,6700 00For
Prudential/PGIM34,2000 00For
ALTSHARES TRUST030,142 00Against
Goldman Sachs29,6010 00For
ALPS ETF Trust28,5130 00For
DRIEHAUS MUTUAL FUNDS20,8680 00For
Morgan Stanley20,6580 00For
Tema ETF Trust19,7300 00For

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

2. 3. Appointment of Greg Mueller as non-executive director of the Company, which comprises two separate voting items…

Outcome not verifiedCORPORATE GOVERNANCEReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

78% Majority: yes · of votes cast

FOR 78%AGAINST
FOR: 32,592,486AGAINST: 8,926,664
Details: description as filed, official tally, votes by 42 asset managers

Description as filed by funds: Appointment of Greg Mueller as non-executive director of Merus Opportunity for Merus Shareholders to make recommendations at the EGM to Merus' non-executive directors in respect of their nomination to appoint a non-executive director

Merus N.V.’s own tally for this item (“3. Appointment of Greg Mueller as non-executive director of the Company, which comprises two separate voting items: Proposal 3a - Opportunity for the shareholders of the Company to make recommendations at the EGM to the ”): 32,592,486 for, 8,926,664 against, per its Form 8-K filed December 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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 78% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 42 asset managers below reported 4,434,338 for, 1,330,804 against, 69,013 abstained.

FORAGAINST
FOR: 4,434,338AGAINST: 1,330,804ABSTAIN: 69,013
Largest asset managers voting on “Appointment of Greg Mueller as non-executive director of Merus Opportunity for Merus Shareholders to make reco” at Merus N.V., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,941,9410 00For
Fidelity89,069797,250 00Mixed
Columbia Threadneedle548,5080 00For
MERGER FUND331,8000 00For
HARBOR FUNDS319,3840 00For
NEXPOINT FUNDS I0304,730 00Against
Investment Managers Series Trust II292,9890 00For
Vanguard220,6370 00For
ARBITRAGE FUNDS0160,600 00Against
Voya116,7600 00For
First Trust91,3310 00For
State Street90,5670 00For
New York Life82,3690 00For
Invesco00 60,1420Abstain
Victory Capital44,9380 00For
Prudential/PGIM34,2000 00For
ALTSHARES TRUST030,142 00Against
Goldman Sachs29,6010 00For
ALPS ETF Trust28,5130 00For
DRIEHAUS MUTUAL FUNDS20,8680 00For
Morgan Stanley20,6580 00For
Tema ETF Trust19,7300 00For
Bridge Builder Trust19,4500 00For
Jackson National19,3090 00For
GDL FUND015,000 00Against

Showing the 25 largest of 42 asset managers. See all 42 in the interactive database.

3. 5. Appointment of Martine van Vugt, Ph.D., as non-executive director of the Company, which comprises two separate…

Outcome not verifiedCORPORATE GOVERNANCEReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

78% Majority: yes · of votes cast

FOR 78%AGAINST
FOR: 32,590,312AGAINST: 8,941,776
Details: description as filed, official tally, votes by 42 asset managers

Description as filed by funds: Appointment of Martine van Vugt, Ph.D., as non-executive director of Merus Opportunity for Merus Shareholders to make recommendations at the EGM to Merus' non-executive directors in respect of their nomination to appoint a non-executive director

Merus N.V.’s own tally for this item (“5. Appointment of Martine van Vugt, Ph.D., as non-executive director of the Company, which comprises two separate voting items: Proposal 5a - Opportunity for shareholders of the Company to make recommendations at the EGM”): 32,590,312 for, 8,941,776 against, per its Form 8-K filed December 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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 78% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 42 asset managers below reported 4,434,338 for, 1,330,804 against, 69,013 abstained.

FORAGAINST
FOR: 4,434,338AGAINST: 1,330,804ABSTAIN: 69,013
Largest asset managers voting on “Appointment of Martine van Vugt, Ph.D., as non-executive director of Merus Opportunity for Merus Shareholders ” at Merus N.V., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,941,9410 00For
Fidelity89,069797,250 00Mixed
Columbia Threadneedle548,5080 00For
MERGER FUND331,8000 00For
HARBOR FUNDS319,3840 00For
NEXPOINT FUNDS I0304,730 00Against
Investment Managers Series Trust II292,9890 00For
Vanguard220,6370 00For
ARBITRAGE FUNDS0160,600 00Against
Voya116,7600 00For
First Trust91,3310 00For
State Street90,5670 00For
New York Life82,3690 00For
Invesco00 60,1420Abstain
Victory Capital44,9380 00For
Prudential/PGIM34,2000 00For
ALTSHARES TRUST030,142 00Against
Goldman Sachs29,6010 00For
ALPS ETF Trust28,5130 00For
DRIEHAUS MUTUAL FUNDS20,8680 00For
Morgan Stanley20,6580 00For
Tema ETF Trust19,7300 00For
Bridge Builder Trust19,4500 00For
Jackson National19,3090 00For
GDL FUND015,000 00Against

Showing the 25 largest of 42 asset managers. See all 42 in the interactive database.

4. APPOINTMENT OF ANTHONY PAGANO AS NON-EXECUTIVE DIRECTOR OF MERUS

No official matchDIRECTOR ELECTIONS

61% of fund votes cast · no official result

FORAGAINST
Details: votes by 34 asset managers

The 34 asset managers below reported 2,638,840 for, 1,687,304 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: 2,638,840AGAINST: 1,687,304
Largest asset managers voting on “APPOINTMENT OF ANTHONY PAGANO AS NON-EXECUTIVE DIRECTOR OF MERUS” at Merus N.V., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Federated Hermes1,220,6320 00For
Fidelity22,376863,943 00Against
Columbia Threadneedle548,5080 00For
MERGER FUND331,8000 00For
Investment Managers Series Trust II292,9890 00For
Vanguard33,180220,637 00Mixed
Voya0116,760 00Against
First Trust091,331 00Against
State Street090,567 00Against
New York Life082,369 00Against
Invesco60,1420 00For
Hartford45,7140 00For
Victory Capital044,938 00Against
Mercer Funds035,670 00Against
Prudential/PGIM34,2000 00For
Goldman Sachs029,601 00Against
ALPS ETF Trust028,513 00Against
DRIEHAUS MUTUAL FUNDS020,868 00Against
Morgan Stanley020,658 00Against
PIMCO013,400 00Against
Advisors' Inner Circle Fund III13,0430 00For
GuideStone012,800 00Against
Nationwide9,8610 00For
MassMutual7,7540 00For
AIG/SunAmerica07,634 00Against

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

5. APPOINTMENT OF GREG MUELLER AS NON-EXECUTIVE DIRECTOR OF MERUS

No official matchDIRECTOR ELECTIONS

61% of fund votes cast · no official result

FORAGAINST
Details: votes by 34 asset managers

The 34 asset managers below reported 2,638,840 for, 1,687,304 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: 2,638,840AGAINST: 1,687,304
Largest asset managers voting on “APPOINTMENT OF GREG MUELLER AS NON-EXECUTIVE DIRECTOR OF MERUS” at Merus N.V., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Federated Hermes1,220,6320 00For
Fidelity22,376863,943 00Against
Columbia Threadneedle548,5080 00For
MERGER FUND331,8000 00For
Investment Managers Series Trust II292,9890 00For
Vanguard33,180220,637 00Mixed
Voya0116,760 00Against
First Trust091,331 00Against
State Street090,567 00Against
New York Life082,369 00Against
Invesco60,1420 00For
Hartford45,7140 00For
Victory Capital044,938 00Against
Mercer Funds035,670 00Against
Prudential/PGIM34,2000 00For
Goldman Sachs029,601 00Against
ALPS ETF Trust028,513 00Against
DRIEHAUS MUTUAL FUNDS020,868 00Against
Morgan Stanley020,658 00Against
PIMCO013,400 00Against
Advisors' Inner Circle Fund III13,0430 00For
GuideStone012,800 00Against
Nationwide9,8610 00For
MassMutual7,7540 00For
AIG/SunAmerica07,634 00Against

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

6. APPOINTMENT OF MARTINE VAN VUGT, PH.D., AS NON-EXECUTIVE DIRECTOR OF MERUS

No official matchDIRECTOR ELECTIONS

61% of fund votes cast · no official result

FORAGAINST
Details: votes by 34 asset managers

The 34 asset managers below reported 2,638,840 for, 1,687,304 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: 2,638,840AGAINST: 1,687,304
Largest asset managers voting on “APPOINTMENT OF MARTINE VAN VUGT, PH.D., AS NON-EXECUTIVE DIRECTOR OF MERUS” at Merus N.V., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Federated Hermes1,220,6320 00For
Fidelity22,376863,943 00Against
Columbia Threadneedle548,5080 00For
MERGER FUND331,8000 00For
Investment Managers Series Trust II292,9890 00For
Vanguard33,180220,637 00Mixed
Voya0116,760 00Against
First Trust091,331 00Against
State Street090,567 00Against
New York Life082,369 00Against
Invesco60,1420 00For
Hartford45,7140 00For
Victory Capital044,938 00Against
Mercer Funds035,670 00Against
Prudential/PGIM34,2000 00For
Goldman Sachs029,601 00Against
ALPS ETF Trust028,513 00Against
DRIEHAUS MUTUAL FUNDS020,868 00Against
Morgan Stanley020,658 00Against
PIMCO013,400 00Against
Advisors' Inner Circle Fund III13,0430 00For
GuideStone012,800 00Against
Nationwide9,8610 00For
MassMutual7,7540 00For
AIG/SunAmerica07,634 00Against

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

7. Appointment of Anthony Pagano as non-executive director of Merus - Appointment of Anthony Pagano as non-executive…

No official matchDIRECTOR ELECTIONS

88% of fund votes cast · no official result

FOR
Details: description as filed, votes by 17 asset managers

Description as filed by funds: Appointment of Anthony Pagano as non-executive director of Merus - Appointment of Anthony Pagano as non-executive director of Merus Anthony Pagano

The 17 asset managers below reported 2,545,487 for, 342,660 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: 2,545,487AGAINST: 342,660
Largest asset managers voting on “Appointment of Anthony Pagano as non-executive director of Merus - Appointment of Anthony Pagano as non-execut” at Merus N.V., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,941,9410 00For
HARBOR FUNDS0319,384 00Against
NEXPOINT FUNDS I304,7300 00For
ARBITRAGE FUNDS160,6000 00For
ALTSHARES TRUST30,1420 00For
Tema ETF Trust19,7300 00For
Bridge Builder Trust019,450 00Against
Jackson National19,3090 00For
GDL FUND15,0000 00For
Harbor Funds II13,1820 00For
John Hancock11,0800 00For
AMG FUNDS8,9000 00For
Morningstar Funds Trust8,8710 00For
Gabelli6,4000 00For
EA Series Trust2,352941 00Mixed
Comstock Funds, Inc.3,2500 00For
Harbor ETF Trust02,885 00Against

8. Appointment of Greg Mueller as non-executive director of Merus - Appointment of Greg Mueller as non-executive director…

No official matchDIRECTOR ELECTIONS

88% of fund votes cast · no official result

FOR
Details: description as filed, votes by 17 asset managers

Description as filed by funds: Appointment of Greg Mueller as non-executive director of Merus - Appointment of Greg Mueller as non-executive director of Merus Greg Mueller

The 17 asset managers below reported 2,546,428 for, 341,719 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: 2,546,428AGAINST: 341,719
Largest asset managers voting on “Appointment of Greg Mueller as non-executive director of Merus - Appointment of Greg Mueller as non-executive ” at Merus N.V., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,941,9410 00For
HARBOR FUNDS0319,384 00Against
NEXPOINT FUNDS I304,7300 00For
ARBITRAGE FUNDS160,6000 00For
ALTSHARES TRUST30,1420 00For
Tema ETF Trust19,7300 00For
Bridge Builder Trust019,450 00Against
Jackson National19,3090 00For
GDL FUND15,0000 00For
Harbor Funds II13,1820 00For
John Hancock11,0800 00For
AMG FUNDS8,9000 00For
Morningstar Funds Trust8,8710 00For
Gabelli6,4000 00For
EA Series Trust3,2930 00For
Comstock Funds, Inc.3,2500 00For
Harbor ETF Trust02,885 00Against

9. Appointment of Martine van Vugt, Ph.D., as non-executive director of Merus - Appointment of Martine van Vugt, Ph.D., as…

No official matchDIRECTOR ELECTIONS

88% of fund votes cast · no official result

FOR
Details: description as filed, votes by 17 asset managers

Description as filed by funds: Appointment of Martine van Vugt, Ph.D., as non-executive director of Merus - Appointment of Martine van Vugt, Ph.D., as non- executive director of Merus Martine van Vugt, Ph.D.

The 17 asset managers below reported 2,546,428 for, 341,719 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: 2,546,428AGAINST: 341,719
Largest asset managers voting on “Appointment of Martine van Vugt, Ph.D., as non-executive director of Merus - Appointment of Martine van Vugt, ” at Merus N.V., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,941,9410 00For
HARBOR FUNDS0319,384 00Against
NEXPOINT FUNDS I304,7300 00For
ARBITRAGE FUNDS160,6000 00For
ALTSHARES TRUST30,1420 00For
Tema ETF Trust19,7300 00For
Bridge Builder Trust019,450 00Against
Jackson National19,3090 00For
GDL FUND15,0000 00For
Harbor Funds II13,1820 00For
John Hancock11,0800 00For
AMG FUNDS8,9000 00For
Morningstar Funds Trust8,8710 00For
Gabelli6,4000 00For
EA Series Trust3,2930 00For
Comstock Funds, Inc.3,2500 00For
Harbor ETF Trust02,885 00Against

10. Back-End Transactions (1) To enter into a statutory merger under Dutch law pursuant to which Merus, as disappearing…

No official matchEXTRAORDINARY TRANSACTIONS

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 42 asset managers

Description as filed by funds: Back-End Transactions (1) To enter into a statutory merger under Dutch law pursuant to which Merus, as disappearing company, will merge with and into New Topco, as surviving company; and (2) to approve, within the meaning of Section 2:107a of the Dutch Civil Code and to the extent required by applicable law, such statutory merger and the subsequent cancellation of all class A shares in the capital of New Topco with repayment and distribution by New Topco of an amount per class A share so cancelled equal to the Offer Consideration, without interest and subject to any applicable withholding taxes

The 42 asset managers below reported 5,834,155 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: 5,834,155
Largest asset managers voting on “Back-End Transactions (1) To enter into a statutory merger under Dutch law pursuant to which Merus, as disappe” at Merus N.V., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,941,9410 00For
Fidelity886,3190 00For
Columbia Threadneedle548,5080 00For
MERGER FUND331,8000 00For
HARBOR FUNDS319,3840 00For
NEXPOINT FUNDS I304,7300 00For
Investment Managers Series Trust II292,9890 00For
Vanguard220,6370 00For
ARBITRAGE FUNDS160,6000 00For
Voya116,7600 00For
First Trust91,3310 00For
State Street90,5670 00For
New York Life82,3690 00For
Invesco60,1420 00For
Victory Capital44,9380 00For
Prudential/PGIM34,2000 00For
ALTSHARES TRUST30,1420 00For
Goldman Sachs29,6010 00For
ALPS ETF Trust28,5130 00For
DRIEHAUS MUTUAL FUNDS20,8680 00For
Morgan Stanley20,6580 00For
Tema ETF Trust19,7300 00For
Bridge Builder Trust19,4500 00For
Jackson National19,3090 00For
GDL FUND15,0000 00For

Showing the 25 largest of 42 asset managers. See all 42 in the interactive database.

11. Proposal 1b - Subject to certain conditions and provided that a certain Dutch tax ruling is not obtained ultimately on…

Outcome not verifiedFund totals may overlapEXTRAORDINARY TRANSACTIONSReported outcome: Not verified

99.9% Majority: yes · of votes cast

FOR 99.9%
FOR: 53,548,510AGAINST: 1,397
Details: description as filed, official tally, votes by 4 asset managers

Description as filed by funds: PROVIDED A DUTCH TAX RULING IS OBTAINED BY THE SUBSEQUENT CLOSING DATE, (1) TO ENTER INTO A STATUTORY MERGER UNDER DUTCH LAW PURSUANT TO WHICH MERUS, AS DISAPPEARING COMPANY, WILL MERGE WITH AND INTO NEW TOPCO, AS SURVIVING COMPANY; AND (2) TO APPROVE, WITHIN SECTION 2:107A OF THE DUTCH CIVIL CODE AND AS REQUIRED BY LAW, SUCH STATUTORY MERGER AND THE SUBSEQUENT CANCELLATION OF ALL CLASS A SHARES IN NEW TOPCO'S CAPITAL WITH REPAYMENT AND DISTRIBUTION BY NEW TOPCO OF AN AMOUNT PER CLASS A SHARE.

Merus N.V.’s own tally for this item (“Proposal 1b - Subject to certain conditions and provided that a certain Dutch tax ruling is not obtained ultimately on the Subsequent Closing Date, approval of a resolution (1) to amend the Company's articles of associat”): 53,548,510 for, 1,397 against, per its Form 8-K filed December 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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

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: 3 asset managers voting on “PROVIDED A DUTCH TAX RULING IS OBTAINED BY THE SUBSEQUENT CLOSING DATE, (1) TO ENTER INTO A STATUTORY MERGER U” at Merus N.V., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III13,0430 00For
Equitable5,0000 00For
Vanguard50 00For

Fund voting reports, all 3 managers: 18,048 for.

Institutional-manager reports: 1 asset manager voting on “PROVIDED A DUTCH TAX RULING IS OBTAINED BY THE SUBSEQUENT CLOSING DATE, (1) TO ENTER INTO A STATUTORY MERGER U” at Merus N.V., 2025-2026
Asset managerForAgainst AbstainWithheldVote
UNITED CAPITAL FINANCIAL ADVISORS, LLC3510 00For

Institutional-manager reports, all 1 managers: 351 for.

12. (1) to amend Merus' Articles of Association to increase Merus' authorized share capital in one or more tranches, and…

No official matchCORPORATE GOVERNANCE

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 32 asset managers

Description as filed by funds: (1) to amend Merus' Articles of Association to increase Merus' authorized share capital in one or more tranches, and (2) to convert Merus N.V. into a private company with limited liability, promptly following the delisting of Merus' common shares from the Nasdaq Global Market and to amend Merus' Articles of Association accordingly

The 32 asset managers below reported 4,308,096 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: 4,308,096
Largest asset managers voting on “(1) to amend Merus' Articles of Association to increase Merus' authorized share capital in one or more tranche” at Merus N.V., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Federated Hermes1,220,6320 00For
Fidelity886,3190 00For
Columbia Threadneedle548,5080 00For
MERGER FUND331,8000 00For
Investment Managers Series Trust II292,9890 00For
Vanguard253,8120 00For
Voya116,7600 00For
First Trust91,3310 00For
State Street90,5670 00For
New York Life82,3690 00For
Invesco60,1420 00For
Hartford45,7140 00For
Victory Capital44,9380 00For
Mercer Funds35,6700 00For
Prudential/PGIM34,2000 00For
Goldman Sachs29,6010 00For
ALPS ETF Trust28,5130 00For
DRIEHAUS MUTUAL FUNDS20,8680 00For
Morgan Stanley20,6580 00For
PIMCO13,4000 00For
GuideStone12,8000 00For
Nationwide9,8610 00For
MassMutual7,7540 00For
AIG/SunAmerica7,6340 00For
NYLIM VP FUNDS TRUST5,9680 00For

Showing the 25 largest of 32 asset managers. See all 32 in the interactive database.

13. Back-End Transactions - (1) to amend Menus' Articles of Association to increase Merus' authorized share capital in one…

No official matchCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 17 asset managers

Description as filed by funds: Back-End Transactions - (1) to amend Menus' Articles of Association to increase Merus' authorized share capital in one or more tranches, and (2) to convert Merus N.V. into a private company with limited liability, promptly following the delisting of Merus' common shares from the Nasdaq Global Market and to amend Menus' Articles of Association accordingly

The 17 asset managers below reported 2,888,147 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: 2,888,147
Largest asset managers voting on “Back-End Transactions - (1) to amend Menus' Articles of Association to increase Merus' authorized share capita” at Merus N.V., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,941,9410 00For
HARBOR FUNDS319,3840 00For
NEXPOINT FUNDS I304,7300 00For
ARBITRAGE FUNDS160,6000 00For
ALTSHARES TRUST30,1420 00For
Tema ETF Trust19,7300 00For
Bridge Builder Trust19,4500 00For
Jackson National19,3090 00For
GDL FUND15,0000 00For
Harbor Funds II13,1820 00For
John Hancock11,0800 00For
AMG FUNDS8,9000 00For
Morningstar Funds Trust8,8710 00For
Gabelli6,4000 00For
EA Series Trust3,2930 00For
Comstock Funds, Inc.3,2500 00For
Harbor ETF Trust2,8850 00For

14. 2. Conditional granting of full and final discharge to each member of the Company's board of directors for their acts…

Outcome not verifiedOTHERReported outcome: Not verified

99.9% Majority: yes · of votes cast

FOR 99.9%
FOR: 53,532,377AGAINST: 17,025
Details: description as filed, official tally, votes by 52 asset managers

Description as filed by funds: EFFECTIVE UPON THE ACCEPTANCE FOR PAYMENT BY PURCHASER FOR ALL COMMON SHARES VALIDLY TENDERED AND NOT PROPERLY WITHDRAWN PURSUANT TO THE OFFER PRIOR TO THE EXPIRATION TIME, TO PROVIDE FULL AND FINAL DISCHARGE TO EACH MEMBER OF THE MERUS BOARD FOR THEIR ACTS OF MANAGEMENT OR SUPERVISION, AS APPLICABLE, UP TO AND INCLUDING THE DATE OF THE EGM TO THE FULLEST EXTENT PERMITTED UNDER APPLICABLE LAW

Merus N.V.’s own tally for this item (“2. Conditional granting of full and final discharge to each member of the Company's board of directors for their acts of management or supervision, as applicable, up to and including the date of the EGM to the fullest ex”): 53,532,377 for, 17,025 against, per its Form 8-K filed December 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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 52 asset managers below reported 7,214,643 for.

FOR
FOR: 7,214,643
Largest asset managers voting on “EFFECTIVE UPON THE ACCEPTANCE FOR PAYMENT BY PURCHASER FOR ALL COMMON SHARES VALIDLY TENDERED AND NOT PROPERLY” at Merus N.V., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,941,9410 00For
Federated Hermes1,220,6320 00For
Fidelity886,3190 00For
Columbia Threadneedle548,5080 00For
MERGER FUND331,8000 00For
HARBOR FUNDS319,3840 00For
NEXPOINT FUNDS I304,7300 00For
Investment Managers Series Trust II292,9890 00For
Vanguard253,8180 00For
ARBITRAGE FUNDS160,6000 00For
Voya116,7600 00For
First Trust91,3310 00For
State Street90,5670 00For
New York Life82,3690 00For
Invesco60,1420 00For
Hartford45,7140 00For
Victory Capital44,9380 00For
Mercer Funds35,6700 00For
Prudential/PGIM34,2000 00For
ALTSHARES TRUST30,1420 00For
Goldman Sachs29,6010 00For
ALPS ETF Trust28,5130 00For
DRIEHAUS MUTUAL FUNDS20,8680 00For
Morgan Stanley20,6580 00For
Tema ETF Trust19,7300 00For

Showing the 25 largest of 52 asset managers. See all 52 in the interactive database.

15. 6. Approval, by means of a non-binding advisory vote, of compensation that will or may become payable to the Company's…

Outcome not verifiedFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

56% Majority: yes · of votes cast

FOR 56%AGAINST
FOR: 29,838,631AGAINST: 23,527,172
Details: description as filed, official tally, votes by 206 asset managers

Description as filed by funds: Non-binding advisory proposal to approve certain compensation arrangements

Merus N.V.’s own tally for this item (“6. Approval, by means of a non-binding advisory vote, of compensation that will or may become payable to the Company's named executive officers in connection with the completion of the Offer”): 29,838,631 for, 23,527,172 against, per its Form 8-K filed December 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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 56% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

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: 51 asset managers voting on “Non-binding advisory proposal to approve certain compensation arrangements” at Merus N.V., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,490,972450,969 00Mixed
Federated Hermes01,220,632 00Against
Fidelity0886,319 00Against
Columbia Threadneedle0548,508 00Against
MERGER FUND331,8000 00For
HARBOR FUNDS0319,384 00Against
NEXPOINT FUNDS I0304,730 00Against
Investment Managers Series Trust II292,9890 00For
Vanguard30253,788 00Against
ARBITRAGE FUNDS160,6000 00For
Voya0116,760 00Against
First Trust091,331 00Against
State Street090,567 00Against
New York Life082,369 00Against
Invesco60,1420 00For
Hartford045,714 00Against
Victory Capital044,938 00Against
Mercer Funds035,670 00Against
Prudential/PGIM34,2000 00For
ALTSHARES TRUST30,1420 00For
Goldman Sachs029,601 00Against
ALPS ETF Trust028,513 00Against
DRIEHAUS MUTUAL FUNDS020,868 00Against
Morgan Stanley020,658 00Against
Tema ETF Trust19,7300 00For

Fund voting reports, all 51 managers: 2,505,817 for, 4,708,475 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 165 asset managers voting on “Non-binding advisory proposal to approve certain compensation arrangements” at Merus N.V., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Paradigm Biocapital Advisors LP4,188,9610 00For
Fidelity03,605,333 00Against
DEERFIELD MANAGEMENT COMPANY, L.P.3,046,9160 00For
Goldman Sachs1,894,6459,062 00For
GLAZER CAPITAL, LLC01,446,030 00Against
Avoro Capital Advisors LLC1,358,2090 00For
BALYASNY ASSET MANAGEMENT L.P.01,298,058 00Against
PERCEPTIVE ADVISORS LLC1,288,2180 00For
Federated Hermes01,220,632 00Against
TIG Advisors, LLC1,217,3750 00For
OAK RIDGE INVESTMENTS LLC1,185,0430 00For
Pentwater Capital Management LP1,185,0430 00For
WESTFIELD CAPITAL MANAGEMENT CO LP01,046,622 00Against
O'Connor Alternative Investments, LLC01,030,942 00Against
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP1,000,2070 00For
BlackRock527,605341,316 00Mixed
Novo Holdings A/S750,0000 00For
Commodore Capital LP690,5280 00For
ADAGE CAPITAL PARTNERS GP, L.L.C.675,0000 00For
Hudson Bay Capital Management LP0635,394 00Against
Verition Fund Management LLC0633,158 00Against
Citadel526,7110 00For
Kite Lake Capital Management (UK) LLP508,2780 00For
Magnetar Financial LLC0507,795 00Against
WHITEBOX ADVISORS LLC0410,001 00Against

Institutional-manager reports, all 165 managers: 23,555,902 for, 17,572,876 against, 17,927 abstained, 3,058 not voted. Showing the 25 largest; see all in the interactive database.

Largest Merus N.V. shareholders voting in 2025-2026

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 75,844,579 shares outstanding at the time of that meeting.

Fund voting reports: top Merus N.V. shareholders by shares voted on “Non-binding advisory proposal to approve certain compensation arrangements”, 2025-2026
#Asset manager % of shares outstanding
1BlackRock 2.56%
2Federated Hermes 1.61%
3Fidelity 1.17%
4Columbia Threadneedle 0.72%
5MERGER FUND 0.44%
6HARBOR FUNDS 0.42%
7NEXPOINT FUNDS I 0.40%
8Investment Managers Series Trust II 0.39%
9Vanguard 0.33%
10ARBITRAGE FUNDS 0.21%
Institutional-manager reports: top Merus N.V. shareholders by shares voted on “Non-binding advisory proposal to approve certain compensation arrangements”, 2025-2026
#Asset manager % of shares outstanding
1Paradigm Biocapital Advisors LP 5.52%
2Fidelity 4.75%
3DEERFIELD MANAGEMENT COMPANY, L.P. 4.02%
4Goldman Sachs 2.51%
5GLAZER CAPITAL, LLC 1.91%
6Avoro Capital Advisors LLC 1.79%
7BALYASNY ASSET MANAGEMENT L.P. 1.71%
8PERCEPTIVE ADVISORS LLC 1.70%
9Federated Hermes 1.61%
10TIG Advisors, LLC 1.61%

Reported Merus N.V. 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.

Merus N.V. holdings and ownership disclosed for the 2025-2026 proxy season
Holder % outstanding Disclosure
FMR LLC 8.98% DEF14A
RTW Investments, LP 5.50% DEF14A
Entities affiliated with Commodore Capital LP 4.94% DEF14A
Paradigm BioCapital Advisors LP 4.69% DEF14A
Entities affiliated with Wellington Management Group LLP 4.61% DEF14A
Sven (Bill) Ante Lundberg, M.D. 1.94% DEF14A
Peter B. Silverman, J.D. 0.44% DEF14A
Greg D. Perry 0.40% DEF14A
Mark Iwicki 0.19% DEF14A
Len Kanavy 0.11% DEF14A

Percentages above are of 75,844,579 shares outstanding, as reported by Merus N.V. on its Form 10-Q dated October 26, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 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 Merus N.V.’s 10-Q dated October 26, 2025. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.

At Merus N.V.'s shareholder meeting held December 9, 2025, in the 2025-2026 proxy season, 206 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,250 separate fund positions. Their filings are grouped here into 15 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 — Non-binding advisory proposal to approve certain compensation arrangements — FOR was 56% 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), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: Merus N.V.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on December 9, 2025.

Merus N.V. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

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