Home › Companies › NiSource Inc. › 2025-2026

NiSource Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and NiSource Inc.’s Form 8-K, filed May 12, 2026 (Item 5.07 on EDGAR). Page generated October 14, 2026.

14Ballot items
783Asset managers
11,339Fund votes
May 11, 2026Meeting date

Results at a glance

Meeting of May 11, 2026: 14 items on NiSource Inc.’s Form 8-K, filed May 12, 2026: 12 elected · 2 approved.

Material dissent

None.

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 NiSource Inc. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by NiSource Inc.

These tallies are NiSource Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 12, 2026 (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.

NiSource Inc. — official shareholder meeting results, meeting held May 11, 2026
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Peter A. Altabef	414,006,968	5,855,008	469,578	--	25,018,609	99%	Elected	—
Elect Director: Sondra L. Barbour	412,963,046	6,900,966	467,542	--	25,018,609	98%	Elected	—
Elect Director: Theodore H. Bunting, Jr.	414,370,889	5,174,625	786,040	--	25,018,609	99%	Elected	—
Elect Director: Eric L. Butler	414,717,073	5,160,096	454,385	--	25,018,609	99%	Elected	—
Elect Director: Deborah A. Henretta	406,215,500	13,649,916	466,138	--	25,018,609	97%	Elected	—
Elect Director: Deborah A.P. Hersman	415,063,901	4,818,145	449,508	--	25,018,609	99%	Elected	—
Elect Director: Michael E. Jesanis	405,424,359	14,439,085	468,110	--	25,018,609	97%	Elected	—
Elect Director: William D. Johnson	414,401,564	5,436,077	493,913	--	25,018,609	99%	Elected	—
Elect Director: Kevin T. Kabat	405,078,618	14,782,458	470,478	--	25,018,609	96%	Elected	—
Elect Director: Cassandra S. Lee	415,025,036	4,832,396	474,122	--	25,018,609	99%	Elected	—
Elect Director: John McAvoy	415,286,451	4,597,930	447,173	--	25,018,609	99%	Elected	—
Elect Director: Lloyd M. Yates	415,032,999	4,957,792	340,763	--	25,018,609	99%	Elected	—
2. Approval of Named Executive Officer Compensation on an Advisory Basis	398,500,583	20,428,879	1,402,092	--	25,018,609	95%	Approved	—
3. Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for 2026	419,507,200	25,068,686	774,277	--	--	94%	Approved	—

Source: NiSource Inc., Form 8-K, filed with the SEC on May 12, 2026 — read the filing on EDGAR.

How asset managers voted at the NiSource Inc. 2025-2026 meeting

Each item below shows how the 783 asset managers that disclosed a NiSource Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Cassandra S. Lee

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 415,025,036AGAINST: 4,832,396

Details: description as filed, official tally, votes by 156 asset managers

Description as filed by funds: To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respective successors have been elected or appointed and qualified: Cassandra S. Lee

NiSource Inc.’s own tally for this item (“Elect Director: Cassandra S. Lee”): 415,025,036 for, 4,832,396 against, per its Form 8-K filed May 12, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The number of votes cast for and against each nominee, as well as the number of abstentions and broker non-votes, were as follows: Each nominee was elected.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 156 asset managers below reported 232,930,441 for, 58 against, 22,474 abstained, 386 not voted.

FOR

FOR: 232,930,441AGAINST: 58ABSTAIN: 22,474NOT VOTED: 386

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NiSource Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	60,413,171	58	6	For
T. Rowe Price	34,558,548	0	0	For
BlackRock	22,996,029	0	0	For
Fidelity	19,398,010	0	0	For
State Street	10,343,315	0	0	For
Prudential/PGIM	8,494,097	0	0	For
Jackson National	7,778,269	0	0	For
Invesco	7,606,831	0	0	For
Franklin Custodian Funds	5,700,000	0	0	For
JPMorgan	5,600,646	0	0	For
Charles Schwab	4,330,538	0	0	For
Voya	3,641,147	0	0	For
Cohen & Steers	3,215,126	0	0	For
REAVES UTILITY INCOME FUND	2,702,100	0	0	For
DNP SELECT INCOME FUND INC	2,412,911	0	0	For
PENN SERIES FUNDS INC	2,222,987	0	0	For
Thrivent	1,850,856	0	0	For
MFS	1,765,127	0	0	For
DWS	1,730,009	0	0	For
ACAP Strategic Fund	1,666,345	0	0	For
Six Circles Trust	1,640,625	0	0	For
John Hancock	1,556,403	0	0	For
First Trust	1,490,362	0	0	For
ETFis Series Trust I	1,461,055	0	0	For
MUTUAL FUND SERIES TRUST	1,064,572	0	0	For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

2. Elect Director: Deborah A. Henretta

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 406,215,500AGAINST: 13,649,916

Details: description as filed, official tally, votes by 156 asset managers

NiSource Inc.’s own tally for this item (“Elect Director: Deborah A. Henretta”): 406,215,500 for, 13,649,916 against, per its Form 8-K filed May 12, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The number of votes cast for and against each nominee, as well as the number of abstentions and broker non-votes, were as follows: Each nominee was elected.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 156 asset managers below reported 232,693,818 for, 236,681 against, 22,474 abstained, 386 not voted.

FOR

FOR: 232,693,818AGAINST: 236,681ABSTAIN: 22,474NOT VOTED: 386

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NiSource Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	60,413,049	180	6	For
T. Rowe Price	34,558,548	0	0	For
BlackRock	22,996,029	0	0	For
Fidelity	19,398,010	0	0	For
State Street	10,343,315	0	0	For
Prudential/PGIM	8,494,097	0	0	For
Jackson National	7,778,269	0	0	For
Invesco	7,606,831	0	0	For
Franklin Custodian Funds	5,700,000	0	0	For
JPMorgan	5,600,646	0	0	For
Charles Schwab	4,330,538	0	0	For
Voya	3,641,147	0	0	For
Cohen & Steers	3,215,126	0	0	For
REAVES UTILITY INCOME FUND	2,702,100	0	0	For
DNP SELECT INCOME FUND INC	2,412,911	0	0	For
PENN SERIES FUNDS INC	2,222,987	0	0	For
Thrivent	1,850,856	0	0	For
MFS	1,765,127	0	0	For
DWS	1,730,009	0	0	For
ACAP Strategic Fund	1,666,345	0	0	For
Six Circles Trust	1,640,625	0	0	For
John Hancock	1,556,403	0	0	For
First Trust	1,490,362	0	0	For
ETFis Series Trust I	1,461,055	0	0	For
MUTUAL FUND SERIES TRUST	1,064,572	0	0	For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

3. Elect Director: Deborah A.P. Hersman

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 415,063,901AGAINST: 4,818,145

Details: description as filed, official tally, votes by 156 asset managers

NiSource Inc.’s own tally for this item (“Elect Director: Deborah A.P. Hersman”): 415,063,901 for, 4,818,145 against, per its Form 8-K filed May 12, 2026 (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.

The 156 asset managers below reported 232,930,441 for, 59 against, 22,474 abstained, 386 not voted.

FOR

FOR: 232,930,441AGAINST: 59ABSTAIN: 22,474NOT VOTED: 386

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NiSource Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	60,413,171	59	6	For
T. Rowe Price	34,558,548	0	0	For
BlackRock	22,996,029	0	0	For
Fidelity	19,398,010	0	0	For
State Street	10,343,315	0	0	For
Prudential/PGIM	8,494,097	0	0	For
Jackson National	7,778,269	0	0	For
Invesco	7,606,831	0	0	For
Franklin Custodian Funds	5,700,000	0	0	For
JPMorgan	5,600,646	0	0	For
Charles Schwab	4,330,538	0	0	For
Voya	3,641,147	0	0	For
Cohen & Steers	3,215,126	0	0	For
REAVES UTILITY INCOME FUND	2,702,100	0	0	For
DNP SELECT INCOME FUND INC	2,412,911	0	0	For
PENN SERIES FUNDS INC	2,222,987	0	0	For
Thrivent	1,850,856	0	0	For
MFS	1,765,127	0	0	For
DWS	1,730,009	0	0	For
ACAP Strategic Fund	1,666,345	0	0	For
Six Circles Trust	1,640,625	0	0	For
John Hancock	1,556,403	0	0	For
First Trust	1,490,362	0	0	For
ETFis Series Trust I	1,461,055	0	0	For
MUTUAL FUND SERIES TRUST	1,064,572	0	0	For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

4. Elect Director: Eric L. Butler

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 414,717,073AGAINST: 5,160,096

Details: description as filed, official tally, votes by 156 asset managers

NiSource Inc.’s own tally for this item (“Elect Director: Eric L. Butler”): 414,717,073 for, 5,160,096 against, per its Form 8-K filed May 12, 2026 (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.

The 156 asset managers below reported 232,930,437 for, 64 against, 22,474 abstained, 386 not voted.

FOR

FOR: 232,930,437AGAINST: 64ABSTAIN: 22,474NOT VOTED: 386

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NiSource Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	60,413,167	64	6	For
T. Rowe Price	34,558,548	0	0	For
BlackRock	22,996,029	0	0	For
Fidelity	19,398,010	0	0	For
State Street	10,343,315	0	0	For
Prudential/PGIM	8,494,097	0	0	For
Jackson National	7,778,269	0	0	For
Invesco	7,606,831	0	0	For
Franklin Custodian Funds	5,700,000	0	0	For
JPMorgan	5,600,646	0	0	For
Charles Schwab	4,330,538	0	0	For
Voya	3,641,147	0	0	For
Cohen & Steers	3,215,126	0	0	For
REAVES UTILITY INCOME FUND	2,702,100	0	0	For
DNP SELECT INCOME FUND INC	2,412,911	0	0	For
PENN SERIES FUNDS INC	2,222,987	0	0	For
Thrivent	1,850,856	0	0	For
MFS	1,765,127	0	0	For
DWS	1,730,009	0	0	For
ACAP Strategic Fund	1,666,345	0	0	For
Six Circles Trust	1,640,625	0	0	For
John Hancock	1,556,403	0	0	For
First Trust	1,490,362	0	0	For
ETFis Series Trust I	1,461,055	0	0	For
MUTUAL FUND SERIES TRUST	1,064,572	0	0	For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

5. Elect Director: John McAvoy

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 415,286,451AGAINST: 4,597,930

Details: description as filed, official tally, votes by 156 asset managers

NiSource Inc.’s own tally for this item (“Elect Director: John McAvoy”): 415,286,451 for, 4,597,930 against, per its Form 8-K filed May 12, 2026 (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.

The 156 asset managers below reported 232,925,693 for, 4,805 against, 22,474 abstained, 386 not voted.

FOR

FOR: 232,925,693AGAINST: 4,805ABSTAIN: 22,474NOT VOTED: 386

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NiSource Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	60,413,173	55	6	For
T. Rowe Price	34,558,548	0	0	For
BlackRock	22,996,029	0	0	For
Fidelity	19,398,010	0	0	For
State Street	10,343,315	0	0	For
Prudential/PGIM	8,494,097	0	0	For
Jackson National	7,778,269	0	0	For
Invesco	7,606,831	0	0	For
Franklin Custodian Funds	5,700,000	0	0	For
JPMorgan	5,600,646	0	0	For
Charles Schwab	4,330,538	0	0	For
Voya	3,641,147	0	0	For
Cohen & Steers	3,215,126	0	0	For
REAVES UTILITY INCOME FUND	2,702,100	0	0	For
DNP SELECT INCOME FUND INC	2,412,911	0	0	For
PENN SERIES FUNDS INC	2,222,987	0	0	For
Thrivent	1,850,856	0	0	For
MFS	1,765,127	0	0	For
DWS	1,730,009	0	0	For
ACAP Strategic Fund	1,666,345	0	0	For
Six Circles Trust	1,640,625	0	0	For
John Hancock	1,556,403	0	0	For
First Trust	1,490,362	0	0	For
ETFis Series Trust I	1,461,055	0	0	For
MUTUAL FUND SERIES TRUST	1,064,572	0	0	For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

6. Elect Director: Kevin T. Kabat

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 405,078,618AGAINST: 14,782,458

Details: description as filed, official tally, votes by 156 asset managers

NiSource Inc.’s own tally for this item (“Elect Director: Kevin T. Kabat”): 405,078,618 for, 14,782,458 against, per its Form 8-K filed May 12, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The number of votes cast for and against each nominee, as well as the number of abstentions and broker non-votes, were as follows: Each nominee was elected.”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 156 asset managers below reported 229,762,694 for, 3,167,804 against, 22,474 abstained, 386 not voted.

FOR

FOR: 229,762,694AGAINST: 3,167,804ABSTAIN: 22,474NOT VOTED: 386

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NiSource Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	57,945,122	2,468,106	6	For
T. Rowe Price	34,558,548	0	0	For
BlackRock	22,996,029	0	0	For
Fidelity	19,398,010	0	0	For
State Street	10,343,315	0	0	For
Prudential/PGIM	8,494,097	0	0	For
Jackson National	7,778,269	0	0	For
Invesco	7,606,831	0	0	For
Franklin Custodian Funds	5,700,000	0	0	For
JPMorgan	5,600,646	0	0	For
Charles Schwab	4,330,538	0	0	For
Voya	3,641,147	0	0	For
Cohen & Steers	3,215,126	0	0	For
REAVES UTILITY INCOME FUND	2,702,100	0	0	For
DNP SELECT INCOME FUND INC	2,412,911	0	0	For
PENN SERIES FUNDS INC	2,222,987	0	0	For
Thrivent	1,850,856	0	0	For
MFS	1,765,127	0	0	For
DWS	1,730,009	0	0	For
ACAP Strategic Fund	1,666,345	0	0	For
Six Circles Trust	1,640,625	0	0	For
John Hancock	1,556,403	0	0	For
First Trust	1,490,362	0	0	For
ETFis Series Trust I	1,461,055	0	0	For
MUTUAL FUND SERIES TRUST	1,064,572	0	0	For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

7. Elect Director: Lloyd M. Yates

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 415,032,999AGAINST: 4,957,792

Details: description as filed, official tally, votes by 156 asset managers

NiSource Inc.’s own tally for this item (“Elect Director: Lloyd M. Yates”): 415,032,999 for, 4,957,792 against, per its Form 8-K filed May 12, 2026 (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.

The 156 asset managers below reported 232,930,440 for, 62 against, 22,472 abstained, 386 not voted.

FOR

FOR: 232,930,440AGAINST: 62ABSTAIN: 22,472NOT VOTED: 386

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NiSource Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	60,413,170	62	4	For
T. Rowe Price	34,558,548	0	0	For
BlackRock	22,996,029	0	0	For
Fidelity	19,398,010	0	0	For
State Street	10,343,315	0	0	For
Prudential/PGIM	8,494,097	0	0	For
Jackson National	7,778,269	0	0	For
Invesco	7,606,831	0	0	For
Franklin Custodian Funds	5,700,000	0	0	For
JPMorgan	5,600,646	0	0	For
Charles Schwab	4,330,538	0	0	For
Voya	3,641,147	0	0	For
Cohen & Steers	3,215,126	0	0	For
REAVES UTILITY INCOME FUND	2,702,100	0	0	For
DNP SELECT INCOME FUND INC	2,412,911	0	0	For
PENN SERIES FUNDS INC	2,222,987	0	0	For
Thrivent	1,850,856	0	0	For
MFS	1,765,127	0	0	For
DWS	1,730,009	0	0	For
ACAP Strategic Fund	1,666,345	0	0	For
Six Circles Trust	1,640,625	0	0	For
John Hancock	1,556,403	0	0	For
First Trust	1,490,362	0	0	For
ETFis Series Trust I	1,461,055	0	0	For
MUTUAL FUND SERIES TRUST	1,064,572	0	0	For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

8. Elect Director: Michael E. Jesanis

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 405,424,359AGAINST: 14,439,085

Details: description as filed, official tally, votes by 156 asset managers

NiSource Inc.’s own tally for this item (“Elect Director: Michael E. Jesanis”): 405,424,359 for, 14,439,085 against, per its Form 8-K filed May 12, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The number of votes cast for and against each nominee, as well as the number of abstentions and broker non-votes, were as follows: Each nominee was elected.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 156 asset managers below reported 232,916,584 for, 13,917 against, 22,474 abstained, 386 not voted.

FOR

FOR: 232,916,584AGAINST: 13,917ABSTAIN: 22,474NOT VOTED: 386

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NiSource Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	60,413,040	190	6	For
T. Rowe Price	34,558,548	0	0	For
BlackRock	22,996,029	0	0	For
Fidelity	19,398,010	0	0	For
State Street	10,343,242	73	0	For
Prudential/PGIM	8,494,097	0	0	For
Jackson National	7,778,269	0	0	For
Invesco	7,606,831	0	0	For
Franklin Custodian Funds	5,700,000	0	0	For
JPMorgan	5,600,646	0	0	For
Charles Schwab	4,330,538	0	0	For
Voya	3,641,147	0	0	For
Cohen & Steers	3,215,126	0	0	For
REAVES UTILITY INCOME FUND	2,702,100	0	0	For
DNP SELECT INCOME FUND INC	2,412,911	0	0	For
PENN SERIES FUNDS INC	2,222,987	0	0	For
Thrivent	1,850,856	0	0	For
MFS	1,765,127	0	0	For
DWS	1,730,009	0	0	For
ACAP Strategic Fund	1,666,345	0	0	For
Six Circles Trust	1,640,625	0	0	For
John Hancock	1,556,403	0	0	For
First Trust	1,490,362	0	0	For
ETFis Series Trust I	1,461,055	0	0	For
MUTUAL FUND SERIES TRUST	1,064,572	0	0	For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

9. Elect Director: Peter A. Altabef

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 414,006,968AGAINST: 5,855,008

Details: description as filed, official tally, votes by 156 asset managers

NiSource Inc.’s own tally for this item (“Elect Director: Peter A. Altabef”): 414,006,968 for, 5,855,008 against, per its Form 8-K filed May 12, 2026 (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.

The 156 asset managers below reported 232,930,427 for, 74 against, 22,474 abstained, 386 not voted.

FOR

FOR: 232,930,427AGAINST: 74ABSTAIN: 22,474NOT VOTED: 386

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NiSource Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	60,413,157	74	6	For
T. Rowe Price	34,558,548	0	0	For
BlackRock	22,996,029	0	0	For
Fidelity	19,398,010	0	0	For
State Street	10,343,315	0	0	For
Prudential/PGIM	8,494,097	0	0	For
Jackson National	7,778,269	0	0	For
Invesco	7,606,831	0	0	For
Franklin Custodian Funds	5,700,000	0	0	For
JPMorgan	5,600,646	0	0	For
Charles Schwab	4,330,538	0	0	For
Voya	3,641,147	0	0	For
Cohen & Steers	3,215,126	0	0	For
REAVES UTILITY INCOME FUND	2,702,100	0	0	For
DNP SELECT INCOME FUND INC	2,412,911	0	0	For
PENN SERIES FUNDS INC	2,222,987	0	0	For
Thrivent	1,850,856	0	0	For
MFS	1,765,127	0	0	For
DWS	1,730,009	0	0	For
ACAP Strategic Fund	1,666,345	0	0	For
Six Circles Trust	1,640,625	0	0	For
John Hancock	1,556,403	0	0	For
First Trust	1,490,362	0	0	For
ETFis Series Trust I	1,461,055	0	0	For
MUTUAL FUND SERIES TRUST	1,064,572	0	0	For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

10. Elect Director: Sondra L. Barbour

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 412,963,046AGAINST: 6,900,966

Details: description as filed, official tally, votes by 156 asset managers

NiSource Inc.’s own tally for this item (“Elect Director: Sondra L. Barbour”): 412,963,046 for, 6,900,966 against, per its Form 8-K filed May 12, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The number of votes cast for and against each nominee, as well as the number of abstentions and broker non-votes, were as follows: Each nominee was elected.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 156 asset managers below reported 232,930,411 for, 87 against, 22,474 abstained, 386 not voted.

FOR

FOR: 232,930,411AGAINST: 87ABSTAIN: 22,474NOT VOTED: 386

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NiSource Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	60,413,141	87	6	For
T. Rowe Price	34,558,548	0	0	For
BlackRock	22,996,029	0	0	For
Fidelity	19,398,010	0	0	For
State Street	10,343,315	0	0	For
Prudential/PGIM	8,494,097	0	0	For
Jackson National	7,778,269	0	0	For
Invesco	7,606,831	0	0	For
Franklin Custodian Funds	5,700,000	0	0	For
JPMorgan	5,600,646	0	0	For
Charles Schwab	4,330,538	0	0	For
Voya	3,641,147	0	0	For
Cohen & Steers	3,215,126	0	0	For
REAVES UTILITY INCOME FUND	2,702,100	0	0	For
DNP SELECT INCOME FUND INC	2,412,911	0	0	For
PENN SERIES FUNDS INC	2,222,987	0	0	For
Thrivent	1,850,856	0	0	For
MFS	1,765,127	0	0	For
DWS	1,730,009	0	0	For
ACAP Strategic Fund	1,666,345	0	0	For
Six Circles Trust	1,640,625	0	0	For
John Hancock	1,556,403	0	0	For
First Trust	1,490,362	0	0	For
ETFis Series Trust I	1,461,055	0	0	For
MUTUAL FUND SERIES TRUST	1,064,572	0	0	For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

11. Elect Director: Theodore H. Bunting, Jr.

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 414,370,889AGAINST: 5,174,625

Details: description as filed, official tally, votes by 156 asset managers

NiSource Inc.’s own tally for this item (“Elect Director: Theodore H. Bunting, Jr.”): 414,370,889 for, 5,174,625 against, per its Form 8-K filed May 12, 2026 (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.

The 156 asset managers below reported 232,930,431 for, 64 against, 22,478 abstained, 386 not voted.

FOR

FOR: 232,930,431AGAINST: 64ABSTAIN: 22,478NOT VOTED: 386

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NiSource Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	60,413,161	64	10	For
T. Rowe Price	34,558,548	0	0	For
BlackRock	22,996,029	0	0	For
Fidelity	19,398,010	0	0	For
State Street	10,343,315	0	0	For
Prudential/PGIM	8,494,097	0	0	For
Jackson National	7,778,269	0	0	For
Invesco	7,606,831	0	0	For
Franklin Custodian Funds	5,700,000	0	0	For
JPMorgan	5,600,646	0	0	For
Charles Schwab	4,330,538	0	0	For
Voya	3,641,147	0	0	For
Cohen & Steers	3,215,126	0	0	For
REAVES UTILITY INCOME FUND	2,702,100	0	0	For
DNP SELECT INCOME FUND INC	2,412,911	0	0	For
PENN SERIES FUNDS INC	2,222,987	0	0	For
Thrivent	1,850,856	0	0	For
MFS	1,765,127	0	0	For
DWS	1,730,009	0	0	For
ACAP Strategic Fund	1,666,345	0	0	For
Six Circles Trust	1,640,625	0	0	For
John Hancock	1,556,403	0	0	For
First Trust	1,490,362	0	0	For
ETFis Series Trust I	1,461,055	0	0	For
MUTUAL FUND SERIES TRUST	1,064,572	0	0	For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

12. Elect Director: William D. Johnson

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 414,401,564AGAINST: 5,436,077

Details: description as filed, official tally, votes by 156 asset managers

NiSource Inc.’s own tally for this item (“Elect Director: William D. Johnson”): 414,401,564 for, 5,436,077 against, per its Form 8-K filed May 12, 2026 (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.

The 156 asset managers below reported 232,930,431 for, 68 against, 22,474 abstained, 386 not voted.

FOR

FOR: 232,930,431AGAINST: 68ABSTAIN: 22,474NOT VOTED: 386

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NiSource Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	60,413,161	68	6	For
T. Rowe Price	34,558,548	0	0	For
BlackRock	22,996,029	0	0	For
Fidelity	19,398,010	0	0	For
State Street	10,343,315	0	0	For
Prudential/PGIM	8,494,097	0	0	For
Jackson National	7,778,269	0	0	For
Invesco	7,606,831	0	0	For
Franklin Custodian Funds	5,700,000	0	0	For
JPMorgan	5,600,646	0	0	For
Charles Schwab	4,330,538	0	0	For
Voya	3,641,147	0	0	For
Cohen & Steers	3,215,126	0	0	For
REAVES UTILITY INCOME FUND	2,702,100	0	0	For
DNP SELECT INCOME FUND INC	2,412,911	0	0	For
PENN SERIES FUNDS INC	2,222,987	0	0	For
Thrivent	1,850,856	0	0	For
MFS	1,765,127	0	0	For
DWS	1,730,009	0	0	For
ACAP Strategic Fund	1,666,345	0	0	For
Six Circles Trust	1,640,625	0	0	For
John Hancock	1,556,403	0	0	For
First Trust	1,490,362	0	0	For
ETFis Series Trust I	1,461,055	0	0	For
MUTUAL FUND SERIES TRUST	1,064,572	0	0	For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

13. 2. Approval of Named Executive Officer Compensation on an Advisory Basis

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

Combines 19 wordings of this item as funds reported it.

95% Approved · of votes cast

FOR 95%

FOR: 398,500,583AGAINST: 20,428,879

Details: description as filed, official tally, votes by 781 asset managers

Description as filed by funds: TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS ON AN ADVISORY BASIS.

NiSource Inc.’s own tally for this item (“2. Approval of Named Executive Officer Compensation on an Advisory Basis”): 398,500,583 for, 20,428,879 against — passed, per its Form 8-K filed May 12, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 2 was approved on an advisory basis.”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of NiSource Inc.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Say on Pay” (3 managers, 4,930 for).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 153 asset managers voting on “TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS ON AN ADVISORY BASIS.” at NiSource Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	60,412,963	253	18	For
T. Rowe Price	34,558,548	0	0	For
BlackRock	22,996,029	0	0	For
Fidelity	19,398,010	0	0	For
State Street	10,343,315	0	0	For
Prudential/PGIM	8,494,097	0	0	For
Jackson National	7,778,269	0	0	For
Invesco	7,606,831	0	0	For
Franklin Custodian Funds	5,700,000	0	0	For
JPMorgan	5,600,646	0	0	For
Charles Schwab	4,330,538	0	0	For
Voya	3,641,147	0	0	For
Cohen & Steers	3,215,126	0	0	For
REAVES UTILITY INCOME FUND	2,702,100	0	0	For
DNP SELECT INCOME FUND INC	2,412,911	0	0	For
PENN SERIES FUNDS INC	2,222,987	0	0	For
Thrivent	1,850,856	0	0	For
MFS	1,765,127	0	0	For
DWS	1,730,009	0	0	For
ACAP Strategic Fund	1,666,345	0	0	For
Six Circles Trust	1,640,625	0	0	For
John Hancock	1,556,403	0	0	For
First Trust	1,490,362	0	0	For
ETFis Series Trust I	1,461,055	0	0	For
MUTUAL FUND SERIES TRUST	1,064,572	0	0	For

Fund voting reports, all 153 managers: 233,033,661 for, 224,100 against, 22,486 abstained, 386 not voted, 312 mixed. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 669 asset managers voting on “TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS ON AN ADVISORY BASIS.” at NiSource Inc., 2025-2026
Asset manager	For	Against	Vote
T. Rowe Price	47,666,001	0	For
BlackRock	23,777,643	0	For
GEODE CAPITAL MANAGEMENT, LLC	12,521,836	0	For
JENNISON ASSOCIATES LLC	9,194,629	0	For
Fidelity	8,849,788	0	For
State Street	8,091,374	29,552	For
FRANKLIN ADVISERS INC	5,858,642	0	For
Vanguard	5,161,052	0	For
PICTET ASSET MANAGEMENT SA	5,013,118	0	For
Soroban Capital Partners LP	4,493,353	0	For
Charles Schwab	4,437,064	0	For
Wellington	4,273,332	0	For
Voya	4,186,329	0	For
Northern Trust	3,356,193	0	For
BROOKFIELD Corp /ON/	3,233,486	0	For
RREEF AMERICA LLC	3,038,203	0	For
BANK OF MONTREAL /CAN/	2,854,852	0	For
Legal & General Investment Management Ltd	47,386	2,755,692	Against
Zimmer Partners, LP	2,421,318	0	For
PFA Pension, Forsikringsaktieselskab	0	2,399,955	Against
MELLON INVESTMENTS Corp	2,361,084	0	For
Nuveen	2,179,524	0	For
UBS	1,962,934	0	For
Thrivent	1,895,373	0	For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	1,882,709	0	For

Institutional-manager reports, all 669 managers: 227,035,610 for, 9,677,876 against, 677,700 abstained, 33,863 not voted. Showing the 25 largest; see all in the interactive database.

14. 3. Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 6 wordings of this item as funds reported it.

94% Approved · of votes cast

FOR 94%

FOR: 419,507,200AGAINST: 25,068,686

Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: To ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2026.

NiSource Inc.’s own tally for this item (“3. Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for 2026”): 419,507,200 for, 25,068,686 against — passed, per its Form 8-K filed May 12, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 3: Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for 2026”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 232,148,967 for, 781,553 against, 22,474 abstained, 386 not voted.

FOR

FOR: 232,148,967AGAINST: 781,553ABSTAIN: 22,474NOT VOTED: 386

Largest asset managers voting on “To ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting f” at NiSource Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	60,352,211	61,018	6	For
T. Rowe Price	34,558,548	0	0	For
BlackRock	22,993,283	2,746	0	For
Fidelity	19,398,010	0	0	For
State Street	10,343,242	73	0	For
Prudential/PGIM	8,494,097	0	0	For
Jackson National	7,778,269	0	0	For
Invesco	7,606,831	0	0	For
Franklin Custodian Funds	5,700,000	0	0	For
JPMorgan	5,600,646	0	0	For
Charles Schwab	4,330,538	0	0	For
Voya	3,641,147	0	0	For
Cohen & Steers	3,215,126	0	0	For
REAVES UTILITY INCOME FUND	2,702,100	0	0	For
DNP SELECT INCOME FUND INC	2,412,911	0	0	For
PENN SERIES FUNDS INC	2,222,987	0	0	For
Thrivent	1,850,856	0	0	For
MFS	1,765,127	0	0	For
DWS	1,730,009	0	0	For
ACAP Strategic Fund	1,666,345	0	0	For
Six Circles Trust	1,640,625	0	0	For
John Hancock	1,556,403	0	0	For
First Trust	1,490,362	0	0	For
ETFis Series Trust I	1,461,055	0	0	For
MUTUAL FUND SERIES TRUST	1,064,572	0	0	For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of May 12, 2025, which belongs to the 2024-2025 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest NiSource Inc. 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 479,364,801 shares outstanding at the time of that meeting.

Fund voting reports: top NiSource Inc. shareholders by shares voted on “TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS ON AN ADVISORY BASIS.”, 2025-2026
#	Asset manager	% of shares outstanding
1	Vanguard	12.60%
2	T. Rowe Price	7.21%
3	BlackRock	4.80%
4	Fidelity	4.05%
5	State Street	2.16%
6	Prudential/PGIM	1.77%
7	Jackson National	1.62%
8	Invesco	1.59%
9	Franklin Custodian Funds	1.19%
10	JPMorgan	1.17%

Institutional-manager reports: top NiSource Inc. shareholders by shares voted on “TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS ON AN ADVISORY BASIS.”, 2025-2026
#	Asset manager	% of shares outstanding
1	T. Rowe Price	9.94%
2	BlackRock	4.96%
3	GEODE CAPITAL MANAGEMENT, LLC	2.61%
4	JENNISON ASSOCIATES LLC	1.92%
5	Fidelity	1.85%
6	State Street	1.69%
7	FRANKLIN ADVISERS INC	1.22%
8	Vanguard	1.08%
9	PICTET ASSET MANAGEMENT SA	1.05%
10	Soroban Capital Partners LP	0.94%

Reported NiSource Inc. holdings and ownership

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

NiSource Inc. holdings and ownership disclosed for the 2025-2026 proxy season
Holder	% outstanding	Disclosure
BlackRock	10.74%	13F
T. Rowe Price Investment Management, Inc.	6.24%	13G
State Street	5.65%	13F
Geode Capital	2.63%	13F
FMR (Fidelity)	1.92%	13F
JPMorgan Chase	1.79%	13F
Invesco	1.63%	13F
Franklin Templeton	1.25%	13F
Morgan Stanley	1.02%	13F
Wellington Management	0.95%	13F

Percentages above are of 479,364,801 shares outstanding, as reported by NiSource Inc. on its Form 10-Q dated March 31, 2026 (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 NiSource Inc.’s 10-Q dated March 31, 2026. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At NiSource Inc.'s shareholder meeting held May 11, 2026, in the 2025-2026 proxy season, 783 asset managers reported how they voted on 14 ballot items in their SEC Form N-PX filings, covering 11,339 separate fund positions. On the most widely held item on that ballot — TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS ON AN ADVISORY BASIS. — NiSource Inc.'s filing reports the proposal as approved, with 95% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: NiSource Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 12, 2026.

NiSource Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

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