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NOVARTIS AG 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated October 18, 2026.

  • 119Reported items
  • 716Asset managers
  • 22,059Fund votes
  • March 5, 2024Main meeting date

Results at a glance

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

How asset managers voted at the NOVARTIS AG 2023-2024 meetings

Each item below shows how the 716 asset managers that disclosed a NOVARTIS AG 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 NOVARTIS AG’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. Reappoint Bridgette Heller as Member of the Compensation Committee

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

92% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 174,159,930 for, 14,617,239 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 174,159,930AGAINST: 14,617,239
Largest asset managers voting on “Reappoint Bridgette Heller as Member of the Compensation Committee” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard30,597,836884,380 00For
Dodge & Cox25,521,2780 00For
Artisan943,23913,006,550 00Mixed
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
RWC Asset Management LLP955,6800 00For
AllianceBernstein947,1550 00For

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

2. Reappoint Patrice Bula as Member of the Compensation Committee

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

91% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 171,274,071 for, 16,549,218 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 171,274,071AGAINST: 16,549,218
Largest asset managers voting on “Reappoint Patrice Bula as Member of the Compensation Committee” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard30,597,836884,380 00For
Dodge & Cox25,521,2780 00For
Artisan943,23913,006,550 00Mixed
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,001,662115,813 00Mixed
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital144,366750,151 00Mixed

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

3. Reappoint Simon Moroney as Member of the Compensation Committee

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

93% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 175,269,160 for, 13,508,009 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 175,269,160AGAINST: 13,508,009
Largest asset managers voting on “Reappoint Simon Moroney as Member of the Compensation Committee” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan943,23913,006,550 00Mixed
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
RWC Asset Management LLP955,6800 00For
AllianceBernstein947,1550 00For

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

4. Reappoint William Winters as Member of the Compensation Committee

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

93% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 175,079,380 for, 13,697,789 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 175,079,380AGAINST: 13,697,789
Largest asset managers voting on “Reappoint William Winters as Member of the Compensation Committee” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan943,23913,006,550 00Mixed
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
RWC Asset Management LLP955,6800 00For
AllianceBernstein947,1550 00For

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

5. Reelect Ana de Pro Gonzalo as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

99.9% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 187,724,854 for, 96,974 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 187,724,854AGAINST: 96,974
Largest asset managers voting on “Reelect Ana de Pro Gonzalo as Director” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

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

6. Reelect Bridgette Heller as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

99.2% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 187,193,827 for, 1,507,147 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 187,193,827AGAINST: 1,507,147
Largest asset managers voting on “Reelect Bridgette Heller as Director” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard30,597,836884,380 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

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

7. Reelect Charles Sawyers as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

99.1% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 186,314,681 for, 1,507,147 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 186,314,681AGAINST: 1,507,147
Largest asset managers voting on “Reelect Charles Sawyers as Director” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard30,597,836884,380 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

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

8. Reelect Daniel Hochstrasser as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

99.6% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 188,113,277 for, 587,697 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 188,113,277AGAINST: 587,697
Largest asset managers voting on “Reelect Daniel Hochstrasser as Director” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

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

9. Reelect Elizabeth Doherty as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

99.9% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 187,724,854 for, 96,974 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 187,724,854AGAINST: 96,974
Largest asset managers voting on “Reelect Elizabeth Doherty as Director” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

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

10. Reelect Frans van Houten as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

92% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 174,273,515 for, 14,427,459 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 174,273,515AGAINST: 14,427,459
Largest asset managers voting on “Reelect Frans van Houten as Director” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard30,597,836884,380 00For
Dodge & Cox25,521,2780 00For
Artisan943,23913,006,550 00Mixed
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

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

11. Reelect Joerg Reinhardt as Director and Board Chair

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

93% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 173,802,774 for, 14,019,054 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 173,802,774AGAINST: 14,019,054
Largest asset managers voting on “Reelect Joerg Reinhardt as Director and Board Chair” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan943,23913,006,550 00Mixed
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

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

12. Reelect John Young as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

99.2% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 186,504,461 for, 1,317,367 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 186,504,461AGAINST: 1,317,367
Largest asset managers voting on “Reelect John Young as Director” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard30,597,836884,380 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

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

13. Reelect Nancy Andrews as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

99.9% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 187,724,854 for, 96,974 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 187,724,854AGAINST: 96,974
Largest asset managers voting on “Reelect Nancy Andrews as Director” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

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

14. Reelect Patrice Bula as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

98% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 184,124,906 for, 3,439,126 against, 257,796 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: 184,124,906AGAINST: 3,439,126ABSTAIN: 257,796
Largest asset managers voting on “Reelect Patrice Bula as Director” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard30,597,836884,380 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,001,662115,813 00Mixed
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital144,366750,151 00Mixed

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

15. Reelect Simon Moroney as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

99.7% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 188,303,057 for, 397,917 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 188,303,057AGAINST: 397,917
Largest asset managers voting on “Reelect Simon Moroney as Director” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

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

16. Reelect Ton Buechner as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

78% of fund votes cast · no official result

FORAGAINST
Details: votes by 107 asset managers

The 107 asset managers below reported 145,782,320 for, 42,039,508 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 145,782,320AGAINST: 42,039,508
Largest asset managers voting on “Reelect Ton Buechner as Director” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock038,245,958 00Against
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust02,592,709 00Against
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,089,01628,459 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

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

17. Reelect William Winters as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

99.6% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 187,234,131 for, 587,697 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 187,234,131AGAINST: 587,697
Largest asset managers voting on “Reelect William Winters as Director” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

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

18. Re-election of Daniel Hochstrasser

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

Combines 5 wordings of this item as funds reported it.

99% of fund votes cast · no official result

FORNOT VOTED
Details: votes by 89 asset managers

The 89 asset managers below reported 48,070,806 for, 694,352 against, 23,459,730 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 48,070,806AGAINST: 694,352NOT VOTED: 23,459,730
Largest asset managers voting on “Re-election of Daniel Hochstrasser” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard32,169,7230 00For
Charles Schwab00 00Not Voted
Hartford2,600,2600 00For
John Hancock2,741,4520 00For
Bridge Builder Trust1,674,1560 00For
Loomis Sayles1,572,5940 00For
Jackson National1,468,4280 00For
SEI162,9980 00For
PRIMECAP Odyssey Funds792,5360 00For
Pear Tree Funds585,7500 00For
CULLEN FUNDS TRUST539,8020 00For
Russell Investments00 00Not Voted
Pacer Funds Trust394,2040 00For
Federated Hermes0360,933 00Against
Mercer Funds338,1200 00For
Manning & Napier309,4320 00For
AMANA MUTUAL FUNDS TRUST295,4000 00For
IMPAX FUNDS SERIES TRUST I0284,929 00Against
Empower226,3000 00For
Neuberger Berman2,0250 00For
Fidelity76,6410 00For
VanEck ETF Trust186,0530 00For
Brighthouse105,0330 00For
Allianz176,4810 00For
Pacific Life00 00Not Voted

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

19. Re-election of Ana de Pro Gonzalo

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FORNOT VOTED
Details: votes by 71 asset managers

The 71 asset managers below reported 42,285,654 for, 23,442,156 not voted. 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: 42,285,654NOT VOTED: 23,442,156
Largest asset managers voting on “Re-election of Ana de Pro Gonzalo” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard32,169,7230 00For
Charles Schwab00 00Not Voted
Hartford2,600,2600 00For
Loomis Sayles1,561,5520 00For
SEI162,9980 00For
Jackson National823,0790 00For
PRIMECAP Odyssey Funds792,5360 00For
CULLEN FUNDS TRUST539,8020 00For
Russell Investments00 00Not Voted
Pacer Funds Trust394,2040 00For
Federated Hermes360,9330 00For
Mercer Funds338,1200 00For
Manning & Napier309,4320 00For
AMANA MUTUAL FUNDS TRUST295,4000 00For
IMPAX FUNDS SERIES TRUST I284,9290 00For
Empower226,3000 00For
Neuberger Berman2,0250 00For
Fidelity76,6410 00For
VanEck ETF Trust186,0530 00For
Brighthouse105,0330 00For
Pacific Life00 00Not Voted
ADVISORS SERIES TRUST155,5080 00For
Prudential/PGIM129,7000 00For
Putnam00 00Not Voted
TRUST FOR PROFESSIONAL MANAGERS97,3690 00For

Showing the 25 largest of 71 asset managers. See all 71 in the interactive database.

20. Re-election of Bridgette Heller

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

99.1% of fund votes cast · no official result

FORNOT VOTED
Details: votes by 71 asset managers

The 71 asset managers below reported 41,924,721 for, 360,933 against, 23,442,156 not voted. 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: 41,924,721AGAINST: 360,933NOT VOTED: 23,442,156
Largest asset managers voting on “Re-election of Bridgette Heller” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard32,169,7230 00For
Charles Schwab00 00Not Voted
Hartford2,600,2600 00For
Loomis Sayles1,561,5520 00For
SEI162,9980 00For
Jackson National823,0790 00For
PRIMECAP Odyssey Funds792,5360 00For
CULLEN FUNDS TRUST539,8020 00For
Russell Investments00 00Not Voted
Pacer Funds Trust394,2040 00For
Federated Hermes0360,933 00Against
Mercer Funds338,1200 00For
Manning & Napier309,4320 00For
AMANA MUTUAL FUNDS TRUST295,4000 00For
IMPAX FUNDS SERIES TRUST I284,9290 00For
Empower226,3000 00For
Neuberger Berman2,0250 00For
Fidelity76,6410 00For
VanEck ETF Trust186,0530 00For
Brighthouse105,0330 00For
Pacific Life00 00Not Voted
ADVISORS SERIES TRUST155,5080 00For
Prudential/PGIM129,7000 00For
Putnam00 00Not Voted
TRUST FOR PROFESSIONAL MANAGERS97,3690 00For

Showing the 25 largest of 71 asset managers. See all 71 in the interactive database.

21. Re-election of Charles L. Sawyers

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FORNOT VOTED
Details: votes by 71 asset managers

The 71 asset managers below reported 42,240,088 for, 45,341 against, 23,442,156 not voted, 225 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: 42,240,088AGAINST: 45,341NOT VOTED: 23,442,156UNKNOWN: 225
Largest asset managers voting on “Re-election of Charles L. Sawyers” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard32,169,7230 00For
Charles Schwab00 00Not Voted
Hartford2,600,2600 00For
Loomis Sayles1,561,5520 00For
SEI162,9980 00For
Jackson National823,0790 00For
PRIMECAP Odyssey Funds792,5360 00For
CULLEN FUNDS TRUST539,8020 00For
Russell Investments00 00Not Voted
Pacer Funds Trust394,2040 00For
Federated Hermes360,9330 00For
Mercer Funds338,1200 00For
Manning & Napier309,4320 00For
AMANA MUTUAL FUNDS TRUST295,4000 00For
IMPAX FUNDS SERIES TRUST I284,9290 00For
Empower226,3000 00For
Neuberger Berman2,0250 00For
Fidelity76,6410 00For
VanEck ETF Trust186,0530 00For
Brighthouse105,0330 00For
Pacific Life00 00Not Voted
ADVISORS SERIES TRUST155,5080 00For
Prudential/PGIM129,7000 00For
Putnam00 00Not Voted
TRUST FOR PROFESSIONAL MANAGERS97,3690 00For

Showing the 25 largest of 71 asset managers. See all 71 in the interactive database.

22. Re-election of Elizabeth Doherty

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

42% of fund votes cast · no official result

FORAGAINSTNOT VOTED
Details: votes by 71 asset managers

The 71 asset managers below reported 17,862,627 for, 24,423,027 against, 23,442,156 not voted. 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: 17,862,627AGAINST: 24,423,027NOT VOTED: 23,442,156
Largest asset managers voting on “Re-election of Elizabeth Doherty” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard11,217,72520,951,998 00Mixed
Charles Schwab00 00Not Voted
Hartford131,2342,469,026 00Mixed
Loomis Sayles1,561,5520 00For
SEI162,9980 00For
Jackson National69,857753,222 00Mixed
PRIMECAP Odyssey Funds792,5360 00For
CULLEN FUNDS TRUST539,8020 00For
Russell Investments00 00Not Voted
Pacer Funds Trust394,2040 00For
Federated Hermes360,9330 00For
Mercer Funds338,1200 00For
Manning & Napier309,4320 00For
AMANA MUTUAL FUNDS TRUST295,4000 00For
IMPAX FUNDS SERIES TRUST I284,9290 00For
Empower226,3000 00For
Neuberger Berman2,0250 00For
Fidelity076,641 00Against
VanEck ETF Trust186,0530 00For
Brighthouse16,51588,518 00Mixed
Pacific Life00 00Not Voted
ADVISORS SERIES TRUST155,5080 00For
Prudential/PGIM129,7000 00For
Putnam00 00Not Voted
TRUST FOR PROFESSIONAL MANAGERS97,3690 00For

Showing the 25 largest of 71 asset managers. See all 71 in the interactive database.

23. Re-election of Frans van Houten

No official resultsDIRECTOR ELECTIONS

Meeting held March 5, 2024; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FORNOT VOTED
Details: votes by 71 asset managers

The 71 asset managers below reported 42,285,654 for, 23,442,156 not voted. 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: 42,285,654NOT VOTED: 23,442,156
Largest asset managers voting on “Re-election of Frans van Houten” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard32,169,7230 00For
Charles Schwab00 00Not Voted
Hartford2,600,2600 00For
Loomis Sayles1,561,5520 00For
SEI162,9980 00For
Jackson National823,0790 00For
PRIMECAP Odyssey Funds792,5360 00For
CULLEN FUNDS TRUST539,8020 00For
Russell Investments00 00Not Voted
Pacer Funds Trust394,2040 00For
Federated Hermes360,9330 00For
Mercer Funds338,1200 00For
Manning & Napier309,4320 00For
AMANA MUTUAL FUNDS TRUST295,4000 00For
IMPAX FUNDS SERIES TRUST I284,9290 00For
Empower226,3000 00For
Neuberger Berman2,0250 00For
Fidelity76,6410 00For
VanEck ETF Trust186,0530 00For
Brighthouse105,0330 00For
Pacific Life00 00Not Voted
ADVISORS SERIES TRUST155,5080 00For
Prudential/PGIM129,7000 00For
Putnam00 00Not Voted
TRUST FOR PROFESSIONAL MANAGERS97,3690 00For

Showing the 25 largest of 71 asset managers. See all 71 in the interactive database.

24. Approve CHF 22.8 Million Reduction in Share Capital via Reduction of Nominal Value in Connection with the Spin-Off

Meeting held September 15, 2023; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 112 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: 109 asset managers voting on “Approve CHF 22.8 Million Reduction in Share Capital via Reduction of Nominal Value in Connection with the Spin” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard59,024,7870 00For
BlackRock36,950,9100 00For
Dodge & Cox28,543,9780 00For
Artisan15,848,6070 00For
Capital Group13,319,9430 00For
TIAA8,540,1960 00For
Dimensional7,696,4430 00For
MFS5,834,6090 00For
FRANKLIN MUTUAL SERIES FUNDS5,526,7050 00For
T. Rowe Price4,957,9670 00For
State Street3,253,1580 00For
HARRIS ASSOCIATES INVESTMENT TRUST3,238,1000 00For
Six Circles Trust2,679,5670 00For
Principal2,624,2270 00For
Thornburg1,709,1290 00For
WisdomTree1,678,4140 00For
BNY Mellon1,592,3560 00For
DWS1,542,5990 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
Perpetual Americas Funds Trust1,175,8030 00For
Lincoln Financial1,175,4040 00For
Fidelity1,128,1060 00For
JANUS INVESTMENT FUND1,075,8280 31,2130For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,030,0420 00For
Equitable1,020,1290 00For

Fund voting reports, all 109 managers: 231,169,489 for, 193,680 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Approve CHF 22.8 Million Reduction in Share Capital via Reduction of Nominal Value in Connection with the Spin” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP2,612,1100 00For
Westwood Global Investments, LLC867,6670 00For
Warren Street Wealth Advisors, LLC2360 00For

Institutional-manager reports, all 3 managers: 3,480,013 for.

25. Approve Special Distribution by Way of a Dividend in Kind to Effect the Spin-Off of Sandoz Group AG

No official resultsCAPITAL STRUCTURE

Meeting held September 15, 2023; no official results are on file for this meeting.

99.9% of fund votes cast · no official result

FOR
Details: votes by 112 asset managers

The 112 asset managers below reported 232,037,392 for, 222,200 against, 193,680 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: 232,037,392AGAINST: 222,200ABSTAIN: 193,680
Largest asset managers voting on “Approve Special Distribution by Way of a Dividend in Kind to Effect the Spin-Off of Sandoz Group AG” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard59,024,7870 00For
BlackRock36,950,9100 00For
Dodge & Cox28,543,9780 00For
Artisan15,848,6070 00For
Capital Group13,319,9430 00For
TIAA8,540,1960 00For
Dimensional7,696,4430 00For
MFS5,834,6090 00For
FRANKLIN MUTUAL SERIES FUNDS5,526,7050 00For
T. Rowe Price4,957,9670 00For
State Street3,253,1580 00For
HARRIS ASSOCIATES INVESTMENT TRUST3,238,1000 00For
Six Circles Trust2,679,5670 00For
Principal2,624,2270 00For
Thornburg1,709,1290 00For
WisdomTree1,678,4140 00For
BNY Mellon1,592,3560 00For
DWS1,542,5990 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
Perpetual Americas Funds Trust1,175,8030 00For
Lincoln Financial1,175,4040 00For
Fidelity1,128,1060 00For
JANUS INVESTMENT FUND1,075,8280 31,2130For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,030,0420 00For
Equitable1,020,1290 00For

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

26. Approve CHF 42.9 Million Reduction in Share Capital via Cancellation of Repurchased Shares

No official resultsCAPITAL STRUCTURE

Meeting held March 5, 2024; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 187,822,177 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 187,822,177
Largest asset managers voting on “Approve CHF 42.9 Million Reduction in Share Capital via Cancellation of Repurchased Shares” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

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

27. Accept Financial Statements and Statutory Reports

No official resultsINVESTMENT COMPANY MATTERSCORPORATE GOVERNANCE

Meeting held March 5, 2024; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 187,821,695 for, 1,330 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: 187,821,695ABSTAIN: 1,330
Largest asset managers voting on “Accept Financial Statements and Statutory Reports” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

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

28. Approve Allocation of Income and Dividends of CHF 3.30 per Share

No official resultsCAPITAL STRUCTURE

Meeting held March 5, 2024; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 187,822,729 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 187,822,729
Largest asset managers voting on “Approve Allocation of Income and Dividends of CHF 3.30 per Share” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

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

29. Approve Discharge of Board and Senior Management

Meeting held March 5, 2024; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 107 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: 104 asset managers voting on “Approve Discharge of Board and Senior Management” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

Fund voting reports, all 104 managers: 187,202,836 for. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Approve Discharge of Board and Senior Management” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP13,275,7300 00For
Westwood Global Investments, LLC617,8090 00For
Warren Street Wealth Advisors, LLC3250 00For

Institutional-manager reports, all 3 managers: 13,893,864 for.

30. Approve Non-Financial Report

No official resultsCORPORATE GOVERNANCE

Meeting held March 5, 2024; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 184,857,795 for, 2,965,230 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: 184,857,795ABSTAIN: 2,965,230
Largest asset managers voting on “Approve Non-Financial Report” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg100,2270 2,351,1080Abstain
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

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

31. Transact Other Business (Voting)

Meeting held September 15, 2023; no official results are on file for this meeting.

1% of fund votes cast · no official result

AGAINSTABSTAIN
Details: votes by 112 asset managers

The 112 asset managers below reported 2,860,412 for, 190,256,053 against, 40,393,896 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: 2,860,412AGAINST: 190,256,053ABSTAIN: 40,393,896
Largest asset managers voting on “Transact Other Business (Voting)” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard059,024,787 00Against
BlackRock00 36,950,9100Abstain
Dodge & Cox028,543,978 00Against
Artisan015,848,607 00Against
Capital Group013,319,943 00Against
TIAA08,540,196 00Against
Dimensional07,696,443 00Against
MFS05,834,609 00Against
FRANKLIN MUTUAL SERIES FUNDS05,526,705 00Against
T. Rowe Price04,957,967 00Against
State Street03,253,158 00Against
HARRIS ASSOCIATES INVESTMENT TRUST03,238,100 00Against
Six Circles Trust00 2,679,5670Abstain
Principal02,624,227 00Against
Thornburg01,709,129 00Against
WisdomTree01,678,414 00Against
BNY Mellon01,592,356 00Against
DWS01,542,599 00Against
TWEEDY, BROWNE FUND INC.1,420,8380 00For
RWC Asset Management LLP1,285,1220 00For
Perpetual Americas Funds Trust01,175,803 00Against
Lincoln Financial01,155,797 19,6070Against
Fidelity01,128,106 00Against
JANUS INVESTMENT FUND01,107,041 00Against
CAUSEWAY CAPITAL MANAGEMENT TRUST01,030,042 00Against

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

32. Designate Peter Zahn as Independent Proxy

Meeting held March 5, 2024; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 107 asset managers

The 107 asset managers below reported 187,823,025 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 187,823,025
Largest asset managers voting on “Designate Peter Zahn as Independent Proxy” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

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

33. Transact Other Business (Voting)

No official resultsCORPORATE GOVERNANCE

Meeting held March 5, 2024; no official results are on file for this meeting.

0.1% of fund votes cast · no official result

AGAINSTABSTAIN
Details: votes by 98 asset managers

The 98 asset managers below reported 7,266 for, 124,530,663 against, 41,091,573 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: 7,266AGAINST: 124,530,663ABSTAIN: 41,091,573
Largest asset managers voting on “Transact Other Business (Voting)” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock00 38,177,2770Abstain
Vanguard031,482,216 00Against
Artisan013,949,789 00Against
Dodge & Cox010,612,808 00Against
TIAA08,474,528 00Against
Dimensional07,000,940 00Against
Capital Group06,519,551 00Against
Goldman Sachs05,035,393 00Against
FRANKLIN MUTUAL SERIES FUNDS03,402,758 00Against
JANUS INVESTMENT FUND03,197,299 00Against
State Street03,072,159 00Against
MFS02,673,776 00Against
Principal02,625,531 00Against
Six Circles Trust00 2,592,7090Abstain
Thornburg02,351,108 00Against
HARRIS ASSOCIATES INVESTMENT TRUST02,038,400 00Against
DWS01,694,141 00Against
WisdomTree01,381,216 00Against
CAUSEWAY CAPITAL MANAGEMENT TRUST01,120,412 00Against
Lincoln Financial01,071,302 28,4590Against
AllianceBernstein0946,232 00Against
Victory Capital0894,517 00Against
American Century0890,788 00Against
Thrivent0888,162 00Against
Franklin Templeton0753,422 00Against

Showing the 25 largest of 98 asset managers. See all 98 in the interactive database.

34. Binding vote on the maximum aggregate amount of compensation for the Board of Directors from the 2024 Annual General…

Meeting held March 5, 2024; no official results are on file for this meeting.

Combines 6 wordings of this item as funds reported it.

99.4% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 145 asset managers

Description as filed by funds: Binding vote on the maximum aggregate amount of compensation for the Board of Directors from the 2024 Annual General Meeting to the 2025 Annual General Meeting.

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: 47 asset managers voting on “Binding vote on the maximum aggregate amount of compensation for the Board of Directors from the 2024 Annual G” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
John Hancock2,741,4520 00For
Bridge Builder Trust1,674,1560 00For
Loomis Sayles1,572,5940 00For
Jackson National1,468,4280 00For
PRIMECAP Odyssey Funds792,5360 00For
Pear Tree Funds585,7500 00For
CULLEN FUNDS TRUST539,8020 00For
Pacer Funds Trust394,2040 00For
Manning & Napier309,4320 00For
AMANA MUTUAL FUNDS TRUST295,4000 00For
Allianz176,4810 00For
ADVISORS SERIES TRUST155,5080 00For
SWISS HELVETIA FUND, INC.142,2290 00For
Aristotle Funds Series Trust132,9000 00For
Natixis106,8460 00For
TRUST FOR PROFESSIONAL MANAGERS97,3690 00For
Gabelli87,0000 00For
Principal60,0000 00For
FORUM FUNDS49,4000 00For
HARBOR FUNDS43,4950 00For
PFM Multi-Manager Series Trust33,5280 00For
TOUCHSTONE STRATEGIC TRUST32,5000 00For
CARILLON SERIES TRUST31,5970 00For
MUTUAL FUND SERIES TRUST27,5180 00For
Two Roads Shared Trust26,4270 00For

Fund voting reports, all 47 managers: 11,812,192 for, 17,574 not voted. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 94 asset managers voting on “Binding vote on the maximum aggregate amount of compensation for the Board of Directors from the 2024 Annual G” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Clark Capital Management Group, Inc.358,1860 00For
WOODLEY FARRA MANION PORTFOLIO MANAGEMENT INC352,4660 00For
UNITED CAPITAL FINANCIAL ADVISORS, LLC149,9010 00For
EXENCIAL WEALTH ADVISORS, LLC125,1380 00For
ZEVIN ASSET MANAGEMENT LLC00 068,183Withhold
Live Oak Private Wealth LLC64,2670 00For
Naviter Wealth, LLC30,2780 00For
apricus wealth, LLC28,8210 00For
LOGAN CAPITAL MANAGEMENT INC25,8680 00For
MITCHELL & PAHL PRIVATE WEALTH, LLC20,6650 00For
Freedom Investment Management, Inc.15,8560 00For
TEALWOOD ASSET MANAGEMENT INC15,6330 00For
Ipswich Investment Management Co., Inc.15,5810 00For
MARCO INVESTMENT MANAGEMENT LLC12,9700 00For
Baker Ellis Asset Management LLC12,7680 00For
West Oak Capital, LLC12,3130 00For
Mount Yale Investment Advisors, LLC10,5720 00For
Cambridge Advisors Inc.10,2500 00For
BECKER CAPITAL MANAGEMENT INC9,9870 00For
SevenBridge Financial Group, LLC8,9340 00For
Armor Investment Advisors, LLC7,1460 00For
HOLDERNESS INVESTMENTS CO6,7990 00For
Cable Hill Partners, LLC4,4200 00For
CARY STREET PARTNERS ASSET MANAGEMENT LLC4,3700 00For
NORRIS PERNE & FRENCH LLP/MI4,3130 00For

Institutional-manager reports, all 94 managers: 1,381,721 for, 939 against, 68,183 withheld, 170 abstained. Showing the 25 largest; see all in the interactive database.

35. Approve Maximum Remuneration of Executive Committee in the Amount of CHF 95 Million

Meeting held March 5, 2024; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 112 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: 104 asset managers voting on “Approve Maximum Remuneration of Executive Committee in the Amount of CHF 95 Million” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

Fund voting reports, all 104 managers: 187,203,561 for. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 7 asset managers voting on “Approve Maximum Remuneration of Executive Committee in the Amount of CHF 95 Million” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
APG Asset Management US Inc.3,757,5900 00For
RWC Asset Management LLP1,230,5000 00For
Westwood Global Investments, LLC617,8090 00For
Vontobel Holding Ltd.25,0000 00For
OARSMAN CAPITAL, INC.5,7450 00For
Warren Street Wealth Advisors, LLC3250 00For
Douglass Winthrop Advisors, LLC2100 00For

Institutional-manager reports, all 7 managers: 5,637,179 for, 1,592,516 not voted.

36. Approve Remuneration of Directors in the Amount of CHF 8.8 Million

Meeting held March 5, 2024; no official results are on file for this meeting.

99.8% of fund votes cast · no official result

FOR
Details: votes by 110 asset managers

The 110 asset managers below reported 188,776,462 for, 300,943 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 188,776,462AGAINST: 300,943
Largest asset managers voting on “Approve Remuneration of Directors in the Amount of CHF 8.8 Million” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
RWC Asset Management LLP1,230,5000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For

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

37. Advisory vote on the 2023 Compensation Report.

Meeting held March 5, 2024; no official results are on file for this meeting.

Combines 6 wordings of this item as funds reported it.

98% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 546 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: 47 asset managers voting on “Advisory vote on the 2023 Compensation Report.” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
John Hancock2,741,4520 00For
Bridge Builder Trust1,674,1560 00For
Loomis Sayles1,572,5940 00For
Jackson National1,468,4280 00For
PRIMECAP Odyssey Funds792,5360 00For
Pear Tree Funds585,7500 00For
CULLEN FUNDS TRUST539,8020 00For
Pacer Funds Trust394,2040 00For
Manning & Napier309,4320 00For
AMANA MUTUAL FUNDS TRUST295,4000 00For
Allianz176,4810 00For
ADVISORS SERIES TRUST155,5080 00For
SWISS HELVETIA FUND, INC.142,2290 00For
Aristotle Funds Series Trust132,9000 00For
Natixis106,8460 00For
TRUST FOR PROFESSIONAL MANAGERS97,3690 00For
Gabelli87,0000 00For
Principal60,0000 00For
FORUM FUNDS49,4000 00For
HARBOR FUNDS43,4950 00For
PFM Multi-Manager Series Trust33,5280 00For
TOUCHSTONE STRATEGIC TRUST32,5000 00For
CARILLON SERIES TRUST31,5970 00For
MUTUAL FUND SERIES TRUST27,5180 00For
Two Roads Shared Trust26,4270 00For

Fund voting reports, all 47 managers: 11,812,192 for, 17,574 not voted. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 493 asset managers voting on “Advisory vote on the 2023 Compensation Report.” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
National Pension Service8,206,2210 00For
Northern Trust5,658,25631,196 00For
Cullen Capital Management, LLC1,973,9560 00For
ENVESTNET ASSET MANAGEMENT INC1,340,8720 00For
Natixis891,0300 00For
Polaris Capital Management, LLC805,7110 00For
TRUIST FINANCIAL CORP729,9460 00For
D.A. DAVIDSON & CO.711,9540 00For
Manning & Napier687,4210 00For
1832 Asset Management L.P.576,2450 00For
Korea Investment CORP0603,257 00Against
BRISTOL JOHN W & CO INC /NY/456,4470 00For
AGF MANAGEMENT LTD442,8380 00For
Clark Capital Management Group, Inc.358,1860 00For
WOODLEY FARRA MANION PORTFOLIO MANAGEMENT INC352,4660 00For
PNC BANK, NATIONAL ASSOCIATION345,8230 00For
FIRST FINANCIAL BANKSHARES INC316,3430 00For
South Dakota Investment Council302,0950 00For
EASTERN BANK295,2440 00For
RAYMOND JAMES & ASSOCIATES293,0740 00For
Corient Private Wealth LLC280,107609 00For
US BANK NATIONAL ASSOCIATION247,7850 00For
OPPENHEIMER ASSET MANAGEMENT INC.234,2550 00For
MANAGED ASSET PORTFOLIOS, LLC190,6120 00For
ASSETMARK, INC155,7940 00For

Institutional-manager reports, all 493 managers: 30,253,086 for, 757,858 against, 589 withheld, 9,857 abstained, 79,239 not voted, 1,056 unknown. Showing the 25 largest; see all in the interactive database.

38. Binding vote on the maximum aggregate amount of compensation for the Executive Committee for the 2025 financial year.

Meeting held March 5, 2024; no official results are on file for this meeting.

Combines 6 wordings of this item as funds reported it.

99.4% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 156 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: 47 asset managers voting on “Binding vote on the maximum aggregate amount of compensation for the Executive Committee for the 2025 financia” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
John Hancock2,741,4520 00For
Bridge Builder Trust1,674,1560 00For
Loomis Sayles1,572,5940 00For
Jackson National1,468,4280 00For
PRIMECAP Odyssey Funds792,5360 00For
Pear Tree Funds585,7500 00For
CULLEN FUNDS TRUST539,8020 00For
Pacer Funds Trust394,2040 00For
Manning & Napier309,4320 00For
AMANA MUTUAL FUNDS TRUST295,4000 00For
Allianz176,4810 00For
ADVISORS SERIES TRUST155,5080 00For
SWISS HELVETIA FUND, INC.142,2290 00For
Aristotle Funds Series Trust132,9000 00For
Natixis106,8460 00For
TRUST FOR PROFESSIONAL MANAGERS97,3690 00For
Gabelli87,0000 00For
Principal60,0000 00For
FORUM FUNDS49,4000 00For
HARBOR FUNDS43,4950 00For
PFM Multi-Manager Series Trust33,5280 00For
TOUCHSTONE STRATEGIC TRUST32,5000 00For
CARILLON SERIES TRUST31,5970 00For
MUTUAL FUND SERIES TRUST27,5180 00For
Two Roads Shared Trust26,4270 00For

Fund voting reports, all 47 managers: 11,812,192 for, 17,574 not voted. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 105 asset managers voting on “Binding vote on the maximum aggregate amount of compensation for the Executive Committee for the 2025 financia” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Clark Capital Management Group, Inc.358,1860 00For
WOODLEY FARRA MANION PORTFOLIO MANAGEMENT INC352,4660 00For
UNITED CAPITAL FINANCIAL ADVISORS, LLC149,9010 00For
EXENCIAL WEALTH ADVISORS, LLC125,1380 00For
ZEVIN ASSET MANAGEMENT LLC068,183 00Against
Live Oak Private Wealth LLC64,2670 00For
Value Partners Investments Inc.60,4880 00For
Genus Capital Management Inc.45,1000 00For
Naviter Wealth, LLC30,2780 00For
apricus wealth, LLC28,8210 00For
LOGAN CAPITAL MANAGEMENT INC25,8680 00For
MITCHELL & PAHL PRIVATE WEALTH, LLC20,6650 00For
Freedom Investment Management, Inc.15,8560 00For
TEALWOOD ASSET MANAGEMENT INC15,6330 00For
Ipswich Investment Management Co., Inc.15,5810 00For
MARCO INVESTMENT MANAGEMENT LLC12,9700 00For
Baker Ellis Asset Management LLC12,7680 00For
West Oak Capital, LLC12,3130 00For
Foyston, Gordon, & Payne Inc11,8620 00For
Mount Yale Investment Advisors, LLC10,5720 00For
Cambridge Advisors Inc.10,2500 00For
BECKER CAPITAL MANAGEMENT INC9,9870 00For
SevenBridge Financial Group, LLC8,9340 00For
Armor Investment Advisors, LLC7,1460 00For
HOLDERNESS INVESTMENTS CO6,7990 00For

Institutional-manager reports, all 105 managers: 1,509,168 for, 69,122 against, 170 abstained. Showing the 25 largest; see all in the interactive database.

39. Approve Remuneration Report

Meeting held March 5, 2024; no official results are on file for this meeting.

93% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 116 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: 104 asset managers voting on “Approve Remuneration Report” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan943,23913,006,550 00Mixed
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

Fund voting reports, all 104 managers: 173,534,730 for, 13,668,831 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 11 asset managers voting on “Approve Remuneration Report” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
APG Asset Management US Inc.3,757,5900 00For
Desjardins Global Asset Management Inc.1,481,9200 00For
RWC Asset Management LLP1,230,5000 00For
JPMorgan866,8320 00For
Westwood Global Investments, LLC617,8090 00For
CAMBIAR INVESTORS LLC184,7360 00For
Vontobel Holding Ltd.025,000 00Against
OARSMAN CAPITAL, INC.5,7450 00For
Warren Street Wealth Advisors, LLC3250 00For
Douglass Winthrop Advisors, LLC2100 00For
NUANCE INVESTMENTS, LLC140 00For

Institutional-manager reports, all 11 managers: 8,145,681 for, 25,000 against, 1,592,516 not voted.

40. Ratify KPMG AG as Auditors

Meeting held March 5, 2024; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 107 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: 104 asset managers voting on “Ratify KPMG AG as Auditors” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock38,245,9580 00For
Vanguard31,482,2160 00For
Dodge & Cox25,521,2780 00For
Artisan13,949,7890 00For
TIAA8,507,5340 00For
Dimensional7,647,6310 00For
Capital Group7,111,9610 00For
FRANKLIN MUTUAL SERIES FUNDS5,318,3580 00For
Goldman Sachs5,190,5220 00For
JANUS INVESTMENT FUND3,228,5120 00For
State Street3,072,1590 00For
MFS2,673,7760 00For
Principal2,625,5310 00For
Six Circles Trust2,592,7090 00For
Thornburg2,451,3350 00For
HARRIS ASSOCIATES INVESTMENT TRUST2,038,4000 00For
DWS1,695,2020 00For
BNY Mellon1,584,5030 00For
TWEEDY, BROWNE FUND INC.1,420,8380 00For
WisdomTree1,381,2160 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST1,120,4120 00For
Lincoln Financial1,117,4750 00For
Fidelity1,083,2460 00For
AllianceBernstein947,1550 00For
Victory Capital894,5170 00For

Fund voting reports, all 104 managers: 187,203,561 for. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Ratify KPMG AG as Auditors” at NOVARTIS AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP2,584,3700 00For
Westwood Global Investments, LLC617,8090 00For
Warren Street Wealth Advisors, LLC3250 00For

Institutional-manager reports, all 3 managers: 3,202,504 for.

Showing the 40 reported items with the widest manager coverage, of 119 in total. View every item.

Largest NOVARTIS AG shareholders voting in 2023-2024

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 2,044,033,986 shares outstanding at the time of that meeting.

Fund voting reports: top NOVARTIS AG shareholders by shares voted on “Approve CHF 22.8 Million Reduction in Share Capital via Reduction of Nominal Value in…”, 2023-2024
#Asset manager % of shares outstanding
1Vanguard 2.89%
2BlackRock 1.81%
3Dodge & Cox 1.40%
4Artisan 0.78%
5Capital Group 0.65%
6TIAA 0.42%
7Dimensional 0.38%
8MFS 0.29%
9FRANKLIN MUTUAL SERIES FUNDS 0.27%
10T. Rowe Price 0.24%
Institutional-manager reports: top NOVARTIS AG shareholders by shares voted on “Advisory vote on the 2023 Compensation Report.”, 2023-2024
#Asset manager % of shares outstanding
1National Pension Service 0.40%
2Northern Trust 0.28%
3Cullen Capital Management, LLC 0.10%
4ENVESTNET ASSET MANAGEMENT INC 0.07%
5Natixis 0.04%
6Polaris Capital Management, LLC 0.04%
7TRUIST FINANCIAL CORP 0.04%
8D.A. DAVIDSON & CO. 0.03%
9Manning & Napier 0.03%
101832 Asset Management L.P. 0.03%

Percentages above are of 2,044,033,986 shares outstanding, as reported by NOVARTIS AG on its Form 20-F dated December 31, 2023 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from NOVARTIS AG’s 20-F dated December 31, 2023. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.

At NOVARTIS AG's 2 shareholder meetings in the 2023-2024 proxy season (held September 15, 2023 and March 5, 2024), 716 asset managers reported how they voted in their SEC Form N-PX filings, covering 22,059 separate fund positions. Their filings are grouped here into 119 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 — Advisory vote on the 2023 Compensation Report. — the reporting funds and managers cast 98% 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.

NOVARTIS AG proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.

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