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Nestle SA 2024-2025 Proxy Voting Records

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

  • 97Reported items
  • 574Asset managers
  • 16,699Fund votes
  • April 16, 2025Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from Nestle SA 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 Nestle SA in the interactive database Compare manager voting policies

How asset managers voted at the Nestle SA 2024-2025 meeting

Each item below shows how the 574 asset managers that disclosed a Nestle SA 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 Nestle SA’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 Laurent Freixe as Director

No official resultsDIRECTOR ELECTIONS

99.8% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 261,757,598 for, 414,562 against, 31,590 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: 261,757,598AGAINST: 414,562ABSTAIN: 31,590
Largest asset managers voting on “Elect Laurent Freixe as Director” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

2. Reappoint Dick Boer as Member of the Compensation Committee

No official resultsDIRECTOR ELECTIONSCORPORATE GOVERNANCE

99.7% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 261,543,475 for, 650,934 against, 31,590 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: 261,543,475AGAINST: 650,934ABSTAIN: 31,590
Largest asset managers voting on “Reappoint Dick Boer as Member of the Compensation Committee” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity976,675650,934 00Mixed
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

3. Reappoint Dinesh Paliwal as Member of the Compensation Committee

No official resultsDIRECTOR ELECTIONSCORPORATE GOVERNANCE

99.6% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 261,323,374 for, 871,035 against, 31,590 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: 261,323,374AGAINST: 871,035ABSTAIN: 31,590
Largest asset managers voting on “Reappoint Dinesh Paliwal as Member of the Compensation Committee” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity976,675650,934 00Mixed
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust886,8777,320 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

4. Reappoint Pablo Isla as Member of the Compensation Committee

No official resultsDIRECTOR ELECTIONSCORPORATE GOVERNANCE

99.3% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 259,502,673 for, 1,603,528 against, 1,119,798 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: 259,502,673AGAINST: 1,603,528ABSTAIN: 1,119,798
Largest asset managers voting on “Reappoint Pablo Isla as Member of the Compensation Committee” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity976,675650,934 00Mixed
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle00 1,088,2080Abstain
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust886,8777,320 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

5. Reappoint Patrick Aebischer as Member of the Compensation Committee

No official resultsDIRECTOR ELECTIONSCORPORATE GOVERNANCE

99.7% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 261,543,475 for, 650,934 against, 31,590 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: 261,543,475AGAINST: 650,934ABSTAIN: 31,590
Largest asset managers voting on “Reappoint Patrick Aebischer as Member of the Compensation Committee” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity976,675650,934 00Mixed
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

6. Reelect Chris Leong as Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 262,172,160 for, 31,590 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: 262,172,160ABSTAIN: 31,590
Largest asset managers voting on “Reelect Chris Leong as Director” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

7. Reelect Dick Boer as Director

No official resultsDIRECTOR ELECTIONS

99.7% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 261,521,226 for, 650,934 against, 31,590 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: 261,521,226AGAINST: 650,934ABSTAIN: 31,590
Largest asset managers voting on “Reelect Dick Boer as Director” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity976,675650,934 00Mixed
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

8. Reelect Dinesh Paliwal as Director

No official resultsDIRECTOR ELECTIONS

99.6% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 261,301,353 for, 870,807 against, 31,590 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: 261,301,353AGAINST: 870,807ABSTAIN: 31,590
Largest asset managers voting on “Reelect Dinesh Paliwal as Director” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity976,675650,934 00Mixed
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust886,8777,320 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

9. Reelect Geraldine Matchett as Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 262,172,160 for, 31,590 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: 262,172,160ABSTAIN: 31,590
Largest asset managers voting on “Reelect Geraldine Matchett as Director” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

10. Reelect Hanne Jimenez de Mora as Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 262,172,160 for, 31,590 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: 262,172,160ABSTAIN: 31,590
Largest asset managers voting on “Reelect Hanne Jimenez de Mora as Director” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

11. Reelect Lindiwe Sibanda as Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 262,172,160 for, 31,590 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: 262,172,160ABSTAIN: 31,590
Largest asset managers voting on “Reelect Lindiwe Sibanda as Director” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

12. Reelect Luca Maestri as Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 262,172,160 for, 31,590 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: 262,172,160ABSTAIN: 31,590
Largest asset managers voting on “Reelect Luca Maestri as Director” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

13. Reelect Marie-Gabrielle Ineichen-Fleisch as Director

No official resultsDIRECTOR ELECTIONS

99.9% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 261,952,287 for, 219,873 against, 31,590 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: 261,952,287AGAINST: 219,873ABSTAIN: 31,590
Largest asset managers voting on “Reelect Marie-Gabrielle Ineichen-Fleisch as Director” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust886,8777,320 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

14. Reelect Pablo Isla as Director

No official resultsDIRECTOR ELECTIONS

99.3% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 259,480,652 for, 1,603,300 against, 1,119,798 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: 259,480,652AGAINST: 1,603,300ABSTAIN: 1,119,798
Largest asset managers voting on “Reelect Pablo Isla as Director” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity976,675650,934 00Mixed
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle00 1,088,2080Abstain
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust886,8777,320 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

15. Reelect Patrick Aebischer as Director

No official resultsDIRECTOR ELECTIONS

99.7% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 261,521,226 for, 650,934 against, 31,590 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: 261,521,226AGAINST: 650,934ABSTAIN: 31,590
Largest asset managers voting on “Reelect Patrick Aebischer as Director” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity976,675650,934 00Mixed
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

16. Reelect Paul Bulcke as Director and Board Chair

No official resultsDIRECTOR ELECTIONS

98% of fund votes cast · no official result

FORABSTAIN
Details: votes by 106 asset managers

The 106 asset managers below reported 189,439,411 for, 3,475,874 against, 69,288,465 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: 189,439,411AGAINST: 3,475,874ABSTAIN: 69,288,465
Largest asset managers voting on “Reelect Paul Bulcke as Director and Board Chair” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group8,870,6420 61,840,5400Mixed
MFS24,229,5120 00For
EUPAC FUND6,553,4180 6,537,4730Mixed
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND772,9580 878,8620Mixed
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,041,74746,461 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust0894,197 00Against

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

17. Reelect Rainer Blair as Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 262,172,160 for, 31,590 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: 262,172,160ABSTAIN: 31,590
Largest asset managers voting on “Reelect Rainer Blair as Director” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

18. Reelect Renato Fassbind as Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 262,172,160 for, 31,590 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: 262,172,160ABSTAIN: 31,590
Largest asset managers voting on “Reelect Renato Fassbind as Director” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

19. RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: CHRIS LEONG

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FORNOT VOTED
Details: votes by 59 asset managers

The 59 asset managers below reported 73,818,636 for, 12,884,189 not voted, 1,872 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: 73,818,636NOT VOTED: 12,884,189UNKNOWN: 1,872
Largest asset managers voting on “RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: CHRIS LEONG” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock48,540,9130 00For
Six Circles Trust12,698,0440 00For
Charles Schwab00 00Not Voted
JPMorgan3,627,9540 00For
Vanguard00 00Not Voted
Bridge Builder Trust2,919,9190 00For
HARDING LOEVNER FUNDS INC2,612,1680 00For
John Hancock913,0990 00For
Jackson National568,9990 00For
Russell Investments00 00Not Voted
GENERAL AMERICAN INVESTORS CO INC325,0000 00For
SEI00 00Not Voted
Brighthouse207,6170 00For
Allianz219,6370 00For
MASTER INVESTMENT PORTFOLIO215,5610 00For
Federated Hermes191,2950 00For
Harbor ETF Trust151,2910 00For
TRUST FOR PROFESSIONAL MANAGERS118,0750 00For
Hartford2,1490 00For
TOUCHSTONE STRATEGIC TRUST72,4300 00For
Nationwide40,4820 00For
CULLEN FUNDS TRUST50,6170 00For
Listed Funds Trust41,8830 00For
apricus wealth, LLC35,9430 00For
MUTUAL FUND SERIES TRUST28,0000 00For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

20. RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: DICK BOER

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FORNOT VOTED
Details: votes by 59 asset managers

The 59 asset managers below reported 73,782,493 for, 35,943 against, 12,884,189 not voted, 2,072 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: 73,782,493AGAINST: 35,943NOT VOTED: 12,884,189UNKNOWN: 2,072
Largest asset managers voting on “RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: DICK BOER” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock48,540,9130 00For
Six Circles Trust12,698,0440 00For
Charles Schwab00 00Not Voted
JPMorgan3,627,9540 00For
Vanguard00 00Not Voted
Bridge Builder Trust2,919,9190 00For
HARDING LOEVNER FUNDS INC2,612,1680 00For
John Hancock913,0990 00For
Jackson National568,9990 00For
Russell Investments00 00Not Voted
GENERAL AMERICAN INVESTORS CO INC325,0000 00For
SEI00 00Not Voted
Brighthouse207,6170 00For
Allianz219,6370 00For
MASTER INVESTMENT PORTFOLIO215,5610 00For
Federated Hermes191,2950 00For
Harbor ETF Trust151,2910 00For
TRUST FOR PROFESSIONAL MANAGERS118,0750 00For
Hartford2,1490 00For
TOUCHSTONE STRATEGIC TRUST72,4300 00For
Nationwide40,4820 00For
CULLEN FUNDS TRUST50,6170 00For
Listed Funds Trust41,8830 00For
apricus wealth, LLC035,943 00Against
MUTUAL FUND SERIES TRUST28,0000 00For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

21. RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: DINESH PALIWAL

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FORNOT VOTED
Details: votes by 59 asset managers

The 59 asset managers below reported 73,782,493 for, 35,943 against, 12,884,189 not voted, 2,072 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: 73,782,493AGAINST: 35,943NOT VOTED: 12,884,189UNKNOWN: 2,072
Largest asset managers voting on “RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: DINESH PALIWAL” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock48,540,9130 00For
Six Circles Trust12,698,0440 00For
Charles Schwab00 00Not Voted
JPMorgan3,627,9540 00For
Vanguard00 00Not Voted
Bridge Builder Trust2,919,9190 00For
HARDING LOEVNER FUNDS INC2,612,1680 00For
John Hancock913,0990 00For
Jackson National568,9990 00For
Russell Investments00 00Not Voted
GENERAL AMERICAN INVESTORS CO INC325,0000 00For
SEI00 00Not Voted
Brighthouse207,6170 00For
Allianz219,6370 00For
MASTER INVESTMENT PORTFOLIO215,5610 00For
Federated Hermes191,2950 00For
Harbor ETF Trust151,2910 00For
TRUST FOR PROFESSIONAL MANAGERS118,0750 00For
Hartford2,1490 00For
TOUCHSTONE STRATEGIC TRUST72,4300 00For
Nationwide40,4820 00For
CULLEN FUNDS TRUST50,6170 00For
Listed Funds Trust41,8830 00For
apricus wealth, LLC035,943 00Against
MUTUAL FUND SERIES TRUST28,0000 00For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

22. RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: GERALDINE MATCHETT

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FORNOT VOTED
Details: votes by 59 asset managers

The 59 asset managers below reported 73,818,636 for, 12,884,189 not voted, 1,872 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: 73,818,636NOT VOTED: 12,884,189UNKNOWN: 1,872
Largest asset managers voting on “RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: GERALDINE MATCHETT” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock48,540,9130 00For
Six Circles Trust12,698,0440 00For
Charles Schwab00 00Not Voted
JPMorgan3,627,9540 00For
Vanguard00 00Not Voted
Bridge Builder Trust2,919,9190 00For
HARDING LOEVNER FUNDS INC2,612,1680 00For
John Hancock913,0990 00For
Jackson National568,9990 00For
Russell Investments00 00Not Voted
GENERAL AMERICAN INVESTORS CO INC325,0000 00For
SEI00 00Not Voted
Brighthouse207,6170 00For
Allianz219,6370 00For
MASTER INVESTMENT PORTFOLIO215,5610 00For
Federated Hermes191,2950 00For
Harbor ETF Trust151,2910 00For
TRUST FOR PROFESSIONAL MANAGERS118,0750 00For
Hartford2,1490 00For
TOUCHSTONE STRATEGIC TRUST72,4300 00For
Nationwide40,4820 00For
CULLEN FUNDS TRUST50,6170 00For
Listed Funds Trust41,8830 00For
apricus wealth, LLC35,9430 00For
MUTUAL FUND SERIES TRUST28,0000 00For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

23. RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: HANNE JIMENEZ DE MORA

No official resultsDIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FORNOT VOTED
Details: votes by 59 asset managers

The 59 asset managers below reported 73,818,636 for, 12,884,189 not voted, 1,872 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: 73,818,636NOT VOTED: 12,884,189UNKNOWN: 1,872
Largest asset managers voting on “RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: HANNE JIMENEZ DE MORA” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock48,540,9130 00For
Six Circles Trust12,698,0440 00For
Charles Schwab00 00Not Voted
JPMorgan3,627,9540 00For
Vanguard00 00Not Voted
Bridge Builder Trust2,919,9190 00For
HARDING LOEVNER FUNDS INC2,612,1680 00For
John Hancock913,0990 00For
Jackson National568,9990 00For
Russell Investments00 00Not Voted
GENERAL AMERICAN INVESTORS CO INC325,0000 00For
SEI00 00Not Voted
Brighthouse207,6170 00For
Allianz219,6370 00For
MASTER INVESTMENT PORTFOLIO215,5610 00For
Federated Hermes191,2950 00For
Harbor ETF Trust151,2910 00For
TRUST FOR PROFESSIONAL MANAGERS118,0750 00For
Hartford2,1490 00For
TOUCHSTONE STRATEGIC TRUST72,4300 00For
Nationwide40,4820 00For
CULLEN FUNDS TRUST50,6170 00For
Listed Funds Trust41,8830 00For
apricus wealth, LLC35,9430 00For
MUTUAL FUND SERIES TRUST28,0000 00For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

24. ELECTION TO THE BOARD OF DIRECTORS: LAURENT FREIXE

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FORNOT VOTED
Details: votes by 59 asset managers

The 59 asset managers below reported 73,818,636 for, 12,884,189 not voted, 1,872 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: 73,818,636NOT VOTED: 12,884,189UNKNOWN: 1,872
Largest asset managers voting on “ELECTION TO THE BOARD OF DIRECTORS: LAURENT FREIXE” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock48,540,9130 00For
Six Circles Trust12,698,0440 00For
Charles Schwab00 00Not Voted
JPMorgan3,627,9540 00For
Vanguard00 00Not Voted
Bridge Builder Trust2,919,9190 00For
HARDING LOEVNER FUNDS INC2,612,1680 00For
John Hancock913,0990 00For
Jackson National568,9990 00For
Russell Investments00 00Not Voted
GENERAL AMERICAN INVESTORS CO INC325,0000 00For
SEI00 00Not Voted
Brighthouse207,6170 00For
Allianz219,6370 00For
MASTER INVESTMENT PORTFOLIO215,5610 00For
Federated Hermes191,2950 00For
Harbor ETF Trust151,2910 00For
TRUST FOR PROFESSIONAL MANAGERS118,0750 00For
Hartford2,1490 00For
TOUCHSTONE STRATEGIC TRUST72,4300 00For
Nationwide40,4820 00For
CULLEN FUNDS TRUST50,6170 00For
Listed Funds Trust41,8830 00For
apricus wealth, LLC35,9430 00For
MUTUAL FUND SERIES TRUST28,0000 00For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

25. RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: LINDIWE MAJELE SIBANDA

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FORNOT VOTED
Details: votes by 59 asset managers

The 59 asset managers below reported 73,818,636 for, 12,884,189 not voted, 1,872 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: 73,818,636NOT VOTED: 12,884,189UNKNOWN: 1,872
Largest asset managers voting on “RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: LINDIWE MAJELE SIBANDA” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock48,540,9130 00For
Six Circles Trust12,698,0440 00For
Charles Schwab00 00Not Voted
JPMorgan3,627,9540 00For
Vanguard00 00Not Voted
Bridge Builder Trust2,919,9190 00For
HARDING LOEVNER FUNDS INC2,612,1680 00For
John Hancock913,0990 00For
Jackson National568,9990 00For
Russell Investments00 00Not Voted
GENERAL AMERICAN INVESTORS CO INC325,0000 00For
SEI00 00Not Voted
Brighthouse207,6170 00For
Allianz219,6370 00For
MASTER INVESTMENT PORTFOLIO215,5610 00For
Federated Hermes191,2950 00For
Harbor ETF Trust151,2910 00For
TRUST FOR PROFESSIONAL MANAGERS118,0750 00For
Hartford2,1490 00For
TOUCHSTONE STRATEGIC TRUST72,4300 00For
Nationwide40,4820 00For
CULLEN FUNDS TRUST50,6170 00For
Listed Funds Trust41,8830 00For
apricus wealth, LLC35,9430 00For
MUTUAL FUND SERIES TRUST28,0000 00For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

26. RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: LUCA MAESTRI

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FORNOT VOTED
Details: votes by 59 asset managers

The 59 asset managers below reported 73,818,636 for, 12,884,189 not voted, 1,872 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: 73,818,636NOT VOTED: 12,884,189UNKNOWN: 1,872
Largest asset managers voting on “RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: LUCA MAESTRI” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock48,540,9130 00For
Six Circles Trust12,698,0440 00For
Charles Schwab00 00Not Voted
JPMorgan3,627,9540 00For
Vanguard00 00Not Voted
Bridge Builder Trust2,919,9190 00For
HARDING LOEVNER FUNDS INC2,612,1680 00For
John Hancock913,0990 00For
Jackson National568,9990 00For
Russell Investments00 00Not Voted
GENERAL AMERICAN INVESTORS CO INC325,0000 00For
SEI00 00Not Voted
Brighthouse207,6170 00For
Allianz219,6370 00For
MASTER INVESTMENT PORTFOLIO215,5610 00For
Federated Hermes191,2950 00For
Harbor ETF Trust151,2910 00For
TRUST FOR PROFESSIONAL MANAGERS118,0750 00For
Hartford2,1490 00For
TOUCHSTONE STRATEGIC TRUST72,4300 00For
Nationwide40,4820 00For
CULLEN FUNDS TRUST50,6170 00For
Listed Funds Trust41,8830 00For
apricus wealth, LLC35,9430 00For
MUTUAL FUND SERIES TRUST28,0000 00For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

27. RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: MARIE-GABRIELLE INEICHEN-FLEISCH

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FORNOT VOTED
Details: votes by 59 asset managers

The 59 asset managers below reported 73,818,636 for, 12,884,189 not voted, 1,872 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: 73,818,636NOT VOTED: 12,884,189UNKNOWN: 1,872
Largest asset managers voting on “RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: MARIE-GABRIELLE INEICHEN-FLEISCH” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock48,540,9130 00For
Six Circles Trust12,698,0440 00For
Charles Schwab00 00Not Voted
JPMorgan3,627,9540 00For
Vanguard00 00Not Voted
Bridge Builder Trust2,919,9190 00For
HARDING LOEVNER FUNDS INC2,612,1680 00For
John Hancock913,0990 00For
Jackson National568,9990 00For
Russell Investments00 00Not Voted
GENERAL AMERICAN INVESTORS CO INC325,0000 00For
SEI00 00Not Voted
Brighthouse207,6170 00For
Allianz219,6370 00For
MASTER INVESTMENT PORTFOLIO215,5610 00For
Federated Hermes191,2950 00For
Harbor ETF Trust151,2910 00For
TRUST FOR PROFESSIONAL MANAGERS118,0750 00For
Hartford2,1490 00For
TOUCHSTONE STRATEGIC TRUST72,4300 00For
Nationwide40,4820 00For
CULLEN FUNDS TRUST50,6170 00For
Listed Funds Trust41,8830 00For
apricus wealth, LLC35,9430 00For
MUTUAL FUND SERIES TRUST28,0000 00For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

28. Approve CHF 4.3 Million Reduction in Share Capital as Part of the Share Buyback Program via Cancellation of Repurchased…

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 106 asset managers

Description as filed by funds: Approve CHF 4.3 Million Reduction in Share Capital as Part of the Share Buyback Program via Cancellation of Repurchased Shares

The 106 asset managers below reported 262,172,160 for, 31,590 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: 262,172,160ABSTAIN: 31,590
Largest asset managers voting on “Approve CHF 4.3 Million Reduction in Share Capital as Part of the Share Buyback Program via Cancellation of Re” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

29. Accept Financial Statements and Statutory Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 262,172,160 for, 31,590 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: 262,172,160ABSTAIN: 31,590
Largest asset managers voting on “Accept Financial Statements and Statutory Reports” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

30. Approve Allocation of Income and Dividends of CHF 3.05 per Share

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 262,172,160 for, 31,590 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: 262,172,160ABSTAIN: 31,590
Largest asset managers voting on “Approve Allocation of Income and Dividends of CHF 3.05 per Share” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

31. Approve Discharge of Board and Senior Management

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 262,172,160 for, 31,590 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: 262,172,160ABSTAIN: 31,590
Largest asset managers voting on “Approve Discharge of Board and Senior Management” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

32. Approve Non-Financial Report

No official resultsCORPORATE GOVERNANCEENVIRONMENT OR CLIMATEHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEDIVERSITY, EQUITY, AND INCLUSION

100% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 260,336,950 for, 1,866,800 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: 260,336,950ABSTAIN: 1,866,800
Largest asset managers voting on “Approve Non-Financial Report” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg00 1,155,0930Abstain
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse914,2260 31,6800For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

33. Designate Hartmann Dreyer as Independent Proxy

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 262,172,160 for, 31,590 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: 262,172,160ABSTAIN: 31,590
Largest asset managers voting on “Designate Hartmann Dreyer as Independent Proxy” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

34. Transact Other Business (Voting)

No official resultsCORPORATE GOVERNANCE

2% of fund votes cast · no official result

AGAINST
Details: votes by 104 asset managers

The 104 asset managers below reported 4,194,859 for, 257,131,868 against, 862,376 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: 4,194,859AGAINST: 257,131,868ABSTAIN: 862,376
Largest asset managers voting on “Transact Other Business (Voting)” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard078,372,545 00Against
Capital Group070,711,182 00Against
MFS024,229,512 00Against
EUPAC FUND013,090,891 00Against
TIAA09,443,379 00Against
FIRST EAGLE FUNDS07,075,345 00Against
T. Rowe Price06,968,280 00Against
Legg Mason4,194,859654,664 00Mixed
State Street04,590,268 00Against
Dimensional04,537,237 00Against
Goldman Sachs04,205,296 00Against
Franklin Custodian Funds04,000,000 00Against
TWEEDY, BROWNE FUND INC.02,130,019 00Against
GMO01,964,522 00Against
JANUS INVESTMENT FUND01,911,464 00Against
Lincoln Financial01,705,770 00Against
INTERNATIONAL GROWTH & INCOME FUND01,651,820 00Against
Fidelity01,627,609 00Against
DWS01,467,399 00Against
Equitable0697,922 521,1030Mixed
Thornburg01,155,093 00Against
Columbia Threadneedle01,088,208 00Against
Transamerica0950,084 00Against
Brighthouse0945,906 00Against
Northern Trust0894,197 00Against

Showing the 25 largest of 104 asset managers. See all 104 in the interactive database.

35. Approve Remuneration of Executive Committee in the Amount of CHF 70 Million

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

FOR
Details: votes by 108 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: 105 asset managers voting on “Approve Remuneration of Executive Committee in the Amount of CHF 70 Million” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Fund voting reports, all 105 managers: 261,964,807 for, 112,464 against, 31,590 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Approve Remuneration of Executive Committee in the Amount of CHF 70 Million” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
APG Asset Management US Inc.7,488,4220 00For
Close Asset Management Ltd382,5420 00For
RWC Asset Management LLP94,8890 00For

Institutional-manager reports, all 3 managers: 7,965,853 for.

36. Approve Remuneration of Directors in the Amount of CHF 10 Million

99.9% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 262,442,238 for, 112,464 against, 31,590 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: 262,442,238AGAINST: 112,464ABSTAIN: 31,590
Largest asset managers voting on “Approve Remuneration of Directors in the Amount of CHF 10 Million” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 107 asset managers. See all 107 in the interactive database.

37. Acceptance of the Compensation Report 2024 (advisory vote)

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

Combines 3 wordings of this item as funds reported it.

96% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 437 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: 38 asset managers voting on “Acceptance of the Compensation Report 2024 (advisory vote)” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock48,540,9130 00For
Six Circles Trust12,698,0440 00For
JPMorgan3,627,9540 00For
Bridge Builder Trust2,919,9190 00For
HARDING LOEVNER FUNDS INC2,612,1680 00For
John Hancock855,50757,592 00Mixed
Jackson National487,51281,487 00Mixed
GENERAL AMERICAN INVESTORS CO INC325,0000 00For
SOUND SHORE FUND INC246,5750 00For
Allianz195,20524,432 00Mixed
MASTER INVESTMENT PORTFOLIO215,5610 00For
Harbor ETF Trust0151,291 00Against
TRUST FOR PROFESSIONAL MANAGERS11,910106,165 00Mixed
TOUCHSTONE STRATEGIC TRUST72,4300 00For
CULLEN FUNDS TRUST50,6170 00For
Listed Funds Trust41,8830 00For
MUTUAL FUND SERIES TRUST28,0000 00For
Calamos26,4000 00For
CARILLON SERIES TRUST22,1130 00For
DIAMOND HILL FUNDS18,8110 00For
Pacer Funds Trust018,269 00Against
ADVISORS' INNER CIRCLE FUND018,000 00Against
HARBOR FUNDS016,611 00Against
Guardian Variable Products Trust13,6070 00For
Matrix Advisors Funds Trust12,0000 00For

Fund voting reports, all 38 managers: 73,068,127 for, 495,672 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 395 asset managers voting on “Acceptance of the Compensation Report 2024 (advisory vote)” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock96,980,0610 00For
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO14,934,5320 00For
GARDNER RUSSO & QUINN LLC5,887,4560 00For
1832 Asset Management L.P.3,593,8410 00For
HARDING LOEVNER LP2,738,8495,488 00For
Korea Investment CORP2,122,7520 00For
Natixis01,816,255 00Against
JARISLOWSKY, FRASER Ltd1,654,9031,300 00For
Northern Trust1,651,1000 00For
RAYMOND JAMES & ASSOCIATES01,260,789 00Against
ENVESTNET ASSET MANAGEMENT INC01,069,008 00Against
FIRST MANHATTAN CO. LLC.943,9530 00For
BRISTOL JOHN W & CO INC /NY/698,4560 00For
PNC BANK, NATIONAL ASSOCIATION3,558686,730 00Against
BAILLIE GIFFORD & CO LTD0595,353 00Against
Corient Private Wealth LLC484,78150,346 00Mixed
SCOTIA CAPITAL INC.451,3480 00For
Baird422,8560 00For
Destination Wealth Management0375,633 00Against
BROWN BROTHERS HARRIMAN & CO0355,905 00Against
South Dakota Investment Council351,5770 00For
SOUND SHORE MANAGEMENT INC /CT/295,0100 00For
Cullen Capital Management, LLC278,9790 00For
LPL Financial LLC0278,305 00Against
BERKSHIRE ASSET MANAGEMENT LLC/PA0263,459 00Against

Institutional-manager reports, all 395 managers: 136,689,653 for, 9,127,850 against, 163 abstained, 2,500 not voted, 2,072 unknown. Showing the 25 largest; see all in the interactive database.

38. Approve Remuneration Report

72% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 111 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: 105 asset managers voting on “Approve Remuneration Report” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group8,870,64261,840,540 00Mixed
MFS24,229,5120 00For
EUPAC FUND6,553,4186,537,473 00Mixed
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional04,537,237 00Against
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,634,98470,786 00For
INTERNATIONAL GROWTH & INCOME FUND772,958878,862 00Mixed
Fidelity976,675650,934 00Mixed
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Fund voting reports, all 105 managers: 187,414,575 for, 74,662,696 against, 31,590 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 6 asset managers voting on “Approve Remuneration Report” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
JPMorgan19,205,7240 00For
APG Asset Management US Inc.07,488,422 00Against
Desjardins Global Asset Management Inc.1,258,6500 00For
Close Asset Management Ltd382,5420 00For
RWC Asset Management LLP94,8890 00For
Plato Investment Management Ltd1,9890 00For

Institutional-manager reports, all 6 managers: 20,943,794 for, 7,488,422 against, 349,993 not voted.

39. 5B. Approval of the compensation of the Executive Board

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

FOR
Details: votes by 61 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: 38 asset managers voting on “5B. Approval of the compensation of the Executive Board” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock48,540,9130 00For
Six Circles Trust12,698,0440 00For
JPMorgan3,627,9540 00For
Bridge Builder Trust2,919,9190 00For
HARDING LOEVNER FUNDS INC2,612,1680 00For
John Hancock913,0990 00For
Jackson National568,9990 00For
GENERAL AMERICAN INVESTORS CO INC325,0000 00For
SOUND SHORE FUND INC246,5750 00For
Allianz219,6370 00For
MASTER INVESTMENT PORTFOLIO215,5610 00For
Harbor ETF Trust151,2910 00For
TRUST FOR PROFESSIONAL MANAGERS118,0750 00For
TOUCHSTONE STRATEGIC TRUST72,4300 00For
CULLEN FUNDS TRUST50,6170 00For
Listed Funds Trust41,8830 00For
MUTUAL FUND SERIES TRUST28,0000 00For
Calamos26,4000 00For
CARILLON SERIES TRUST22,1130 00For
DIAMOND HILL FUNDS18,8110 00For
Pacer Funds Trust18,2690 00For
ADVISORS' INNER CIRCLE FUND18,0000 00For
HARBOR FUNDS16,6110 00For
Guardian Variable Products Trust13,6070 00For
Matrix Advisors Funds Trust12,0000 00For

Fund voting reports, all 38 managers: 73,563,744 for. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 20 asset managers voting on “5B. Approval of the compensation of the Executive Board” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO15,792,0320 00For
Janney Montgomery Scott LLC463,8870 00For
EXENCIAL WEALTH ADVISORS, LLC75,4210 00For
LOCKHEED MARTIN INVESTMENT MANAGEMENT CO54,5240 00For
apricus wealth, LLC035,943 00Against
Rodgers Brothers Inc.025,887 00Against
MITCHELL & PAHL PRIVATE WEALTH, LLC9,2830 00For
CARRET ASSET MANAGEMENT, LLC5,6900 00For
Summit Trail Advisors, LLC3,0990 00For
Hanson & Doremus Investment Management3,0000 00For
Penobscot Investment Management Company, Inc.2,8620 00For
ZEVIN ASSET MANAGEMENT LLC00 00--
AXXCESS WEALTH MANAGEMENT, LLC1,7350 00For
BUCKHEAD CAPITAL MANAGEMENT LLC01,625 00Against
BRANDYWINE OAK PRIVATE WEALTH LLC1,5980 00For
Stratos Wealth Advisors, LLC3000 00For
Renaissance Investment Group LLC00 00--
JUNCTURE WEALTH STRATEGIES, LLC850 00For
Wealth Architects, LLC500 00For
GRAHAM CAPITAL WEALTH MANAGEMENT, LLC160 00For

Institutional-manager reports, all 20 managers: 16,413,582 for, 63,455 against, 2,072 unknown.

40. Ratify Ernst & Young AG as Auditors

No official resultsAUDIT-RELATED

99.9% of fund votes cast · no official result

FOR
Details: votes by 106 asset managers

The 106 asset managers below reported 262,171,932 for, 228 against, 31,590 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: 262,171,932AGAINST: 228ABSTAIN: 31,590
Largest asset managers voting on “Ratify Ernst & Young AG as Auditors” at Nestle SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard78,372,5450 00For
Capital Group70,711,1820 00For
MFS24,229,5120 00For
EUPAC FUND13,090,8910 00For
TIAA9,443,3790 00For
FIRST EAGLE FUNDS7,075,3450 00For
T. Rowe Price6,968,2800 00For
Legg Mason4,849,5230 00For
State Street4,590,2680 00For
Dimensional4,537,2370 00For
Goldman Sachs4,205,2960 00For
Franklin Custodian Funds4,000,0000 00For
TWEEDY, BROWNE FUND INC.2,130,0190 00For
GMO1,964,5220 00For
JANUS INVESTMENT FUND1,911,4640 00For
Lincoln Financial1,705,7700 00For
INTERNATIONAL GROWTH & INCOME FUND1,651,8200 00For
Fidelity1,627,6090 00For
DWS1,467,3990 00For
Equitable1,219,0250 00For
Thornburg1,155,0930 00For
Columbia Threadneedle1,088,2080 00For
Transamerica950,0840 00For
Brighthouse945,9060 00For
Northern Trust894,1970 00For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

Showing the 40 reported items with the widest manager coverage, of 97 in total. View every item.

Largest Nestle SA 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.

Fund voting reports: top Nestle SA shareholders by shares voted on “Approve Remuneration Report”, 2024-2025
#Asset manager Shares voted
1Vanguard 78,372,545
2Capital Group 70,711,182
3MFS 24,229,512
4EUPAC FUND 13,090,891
5TIAA 9,443,379
6FIRST EAGLE FUNDS 7,075,345
7T. Rowe Price 6,968,280
8Legg Mason 4,849,523
9State Street 4,590,268
10Dimensional 4,537,237
Institutional-manager reports: top Nestle SA shareholders by shares voted on “Acceptance of the Compensation Report 2024 (advisory vote)”, 2024-2025
#Asset manager Shares voted
1BlackRock 96,980,061
2STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 14,934,532
3GARDNER RUSSO & QUINN LLC 5,887,456
41832 Asset Management L.P. 3,593,841
5HARDING LOEVNER LP 2,744,337
6Korea Investment CORP 2,122,752
7Natixis 1,816,255
8JARISLOWSKY, FRASER Ltd 1,656,203
9Northern Trust 1,651,100
10RAYMOND JAMES & ASSOCIATES 1,260,789

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Nestle SA for the 2024-2025 season, so there is no denominator to divide by.

About this page

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

At Nestle SA's shareholder meeting held April 16, 2025, in the 2024-2025 proxy season, 574 asset managers reported how they voted in their SEC Form N-PX filings, covering 16,699 separate fund positions. Their filings are grouped here into 97 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 — Acceptance of the Compensation Report 2024 (advisory vote) — the reporting funds and managers cast 96% 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.

Nestle SA proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

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