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Novo Nordisk A/S 2025-2026 Proxy Voting Records

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

  • 69Reported items
  • 166Asset managers
  • 10,646Fund votes
  • March 26, 2026Main meeting date

Results at a glance

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

How asset managers voted at the Novo Nordisk A/S 2025-2026 meetings

Each item below shows how the 166 asset managers that disclosed a Novo Nordisk A/S 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 Novo Nordisk A/S’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. ELECT CEES DE JONG (VICE CHAIR) AS NEW DIRECTOR

No official resultsDIRECTOR ELECTIONS

Meeting held November 14, 2025; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FORABSTAIN
Details: votes by 113 asset managers

The 113 asset managers below reported 66,189,393 for, 336,392,398 abstained, 7,340 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: 66,189,393ABSTAIN: 336,392,398UNKNOWN: 7,340
Largest asset managers voting on “ELECT CEES DE JONG (VICE CHAIR) AS NEW DIRECTOR” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,576,3670 98,549,5280Mixed
Capital Group00 77,847,6490Abstain
BlackRock829,7790 58,783,6980Abstain
EUPAC FUND00 35,229,2080Abstain
TIAA00 12,492,3490Abstain
MFS10,668,9170 00For
Fidelity10,254,8970 00For
INVESTMENT CO OF AMERICA00 8,265,9550Abstain
JPMorgan6,581,7270 00For
Six Circles Trust00 6,286,6770Abstain
State Street5,736,0080 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST00 5,554,7850Abstain
Investment Managers Series Trust5,343,6560 00For
T. Rowe Price3,911,2600 00For
Bridge Builder Trust1,388,7670 1,785,6680Mixed
Dimensional00 2,995,3930Abstain
Jackson National1,233,0870 1,396,7790Mixed
BNY Mellon2,143,0210 224,2590Mixed
WisdomTree00 2,336,1480Abstain
NEW ECONOMY FUND00 2,160,7370Abstain
John Hancock114,9240 1,987,3630Mixed
GMO00 1,851,8810Abstain
DWS00 1,653,2810Abstain
Columbia Threadneedle1,631,8150 00For
Northern Trust00 1,607,6270Abstain

Showing the 25 largest of 113 asset managers. See all 113 in the interactive database.

2. ELECT LARS REBIEN SORENSEN (CHAIR) AS NEW DIRECTOR

No official resultsDIRECTOR ELECTIONS

Meeting held November 14, 2025; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FORABSTAIN
Details: votes by 113 asset managers

The 113 asset managers below reported 182,604,481 for, 219,977,310 abstained, 7,340 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: 182,604,481ABSTAIN: 219,977,310UNKNOWN: 7,340
Largest asset managers voting on “ELECT LARS REBIEN SORENSEN (CHAIR) AS NEW DIRECTOR” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,576,3670 98,549,5280Mixed
Capital Group77,847,6490 00For
BlackRock00 59,613,4770Abstain
EUPAC FUND35,229,2080 00For
TIAA00 12,492,3490Abstain
MFS10,668,9170 00For
Fidelity10,254,8970 00For
INVESTMENT CO OF AMERICA8,265,9550 00For
JPMorgan00 6,581,7270Abstain
Six Circles Trust00 6,286,6770Abstain
State Street5,736,0080 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST00 5,554,7850Abstain
Investment Managers Series Trust5,343,6560 00For
T. Rowe Price3,911,2600 00For
Bridge Builder Trust1,388,7670 1,785,6680Mixed
Dimensional00 2,995,3930Abstain
Jackson National1,166,9170 1,462,9490Mixed
BNY Mellon2,143,0210 224,2590Mixed
WisdomTree00 2,336,1480Abstain
NEW ECONOMY FUND2,160,7370 00For
John Hancock114,9240 1,987,3630Mixed
GMO00 1,851,8810Abstain
DWS00 1,653,2810Abstain
Columbia Threadneedle1,631,8150 00For
Northern Trust00 1,607,6270Abstain

Showing the 25 largest of 113 asset managers. See all 113 in the interactive database.

3. ELECT BRITT MEELBY JENSEN AS NEW DIRECTOR

No official resultsDIRECTOR ELECTIONS

Meeting held November 14, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FORABSTAIN
Details: votes by 113 asset managers

The 113 asset managers below reported 190,371,103 for, 212,210,688 abstained, 7,340 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: 190,371,103ABSTAIN: 212,210,688UNKNOWN: 7,340
Largest asset managers voting on “ELECT BRITT MEELBY JENSEN AS NEW DIRECTOR” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,576,3670 98,549,5280Mixed
Capital Group77,847,6490 00For
BlackRock829,7790 58,783,6980Abstain
EUPAC FUND35,229,2080 00For
TIAA00 12,492,3490Abstain
MFS10,668,9170 00For
Fidelity10,254,8970 00For
INVESTMENT CO OF AMERICA8,265,9550 00For
JPMorgan6,581,7270 00For
Six Circles Trust00 6,286,6770Abstain
State Street5,736,0080 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST00 5,554,7850Abstain
Investment Managers Series Trust5,343,6560 00For
T. Rowe Price3,911,2600 00For
Bridge Builder Trust1,388,7670 1,785,6680Mixed
Dimensional00 2,995,3930Abstain
Jackson National1,233,0870 1,396,7790Mixed
BNY Mellon2,143,0210 224,2590Mixed
WisdomTree00 2,336,1480Abstain
NEW ECONOMY FUND2,160,7370 00For
John Hancock114,9240 1,987,3630Mixed
GMO00 1,851,8810Abstain
DWS00 1,653,2810Abstain
Columbia Threadneedle1,631,8150 00For
Northern Trust00 1,607,6270Abstain

Showing the 25 largest of 113 asset managers. See all 113 in the interactive database.

4. ELECT MIKAEL DOLSTEN AS NEW DIRECTOR

No official resultsDIRECTOR ELECTIONS

Meeting held November 14, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FORABSTAIN
Details: votes by 113 asset managers

The 113 asset managers below reported 257,477,435 for, 145,104,356 abstained, 7,340 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: 257,477,435ABSTAIN: 145,104,356UNKNOWN: 7,340
Largest asset managers voting on “ELECT MIKAEL DOLSTEN AS NEW DIRECTOR” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,576,3670 98,549,5280Mixed
Capital Group77,847,6490 00For
BlackRock59,215,8420 397,6350For
EUPAC FUND35,229,2080 00For
TIAA00 12,492,3490Abstain
MFS10,668,9170 00For
Fidelity10,254,8970 00For
INVESTMENT CO OF AMERICA8,265,9550 00For
JPMorgan6,581,7270 00For
Six Circles Trust6,286,6770 00For
State Street5,736,0080 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST00 5,554,7850Abstain
Investment Managers Series Trust5,343,6560 00For
T. Rowe Price3,911,2600 00For
Bridge Builder Trust1,580,2320 1,594,2030Mixed
Dimensional00 2,995,3930Abstain
Jackson National1,233,0870 1,396,7790Mixed
BNY Mellon2,143,0210 224,2590Mixed
WisdomTree00 2,336,1480Abstain
NEW ECONOMY FUND2,160,7370 00For
John Hancock114,9240 1,987,3630Mixed
GMO00 1,851,8810Abstain
DWS00 1,653,2810Abstain
Columbia Threadneedle1,631,8150 00For
Northern Trust00 1,607,6270Abstain

Showing the 25 largest of 113 asset managers. See all 113 in the interactive database.

5. ELECT STEPHAN ENGELS AS NEW DIRECTOR

No official resultsDIRECTOR ELECTIONS

Meeting held November 14, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FORABSTAIN
Details: votes by 113 asset managers

The 113 asset managers below reported 257,830,129 for, 144,751,662 abstained, 7,340 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: 257,830,129ABSTAIN: 144,751,662UNKNOWN: 7,340
Largest asset managers voting on “ELECT STEPHAN ENGELS AS NEW DIRECTOR” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,576,3670 98,549,5280Mixed
Capital Group77,847,6490 00For
BlackRock59,568,5360 44,9410For
EUPAC FUND35,229,2080 00For
TIAA00 12,492,3490Abstain
MFS10,668,9170 00For
Fidelity10,254,8970 00For
INVESTMENT CO OF AMERICA8,265,9550 00For
JPMorgan6,581,7270 00For
Six Circles Trust6,286,6770 00For
State Street5,736,0080 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST00 5,554,7850Abstain
Investment Managers Series Trust5,343,6560 00For
T. Rowe Price3,911,2600 00For
Bridge Builder Trust1,580,2320 1,594,2030Mixed
Dimensional00 2,995,3930Abstain
Jackson National1,233,0870 1,396,7790Mixed
BNY Mellon2,143,0210 224,2590Mixed
WisdomTree00 2,336,1480Abstain
NEW ECONOMY FUND2,160,7370 00For
John Hancock114,9240 1,987,3630Mixed
GMO00 1,851,8810Abstain
DWS00 1,653,2810Abstain
Columbia Threadneedle1,631,8150 00For
Northern Trust00 1,607,6270Abstain

Showing the 25 largest of 113 asset managers. See all 113 in the interactive database.

6. Elect Helena Saxon as New Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 75 asset managers

The 75 asset managers below reported 277,679,124 for, 14,788,290 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: 277,679,124ABSTAIN: 14,788,290
Largest asset managers voting on “Elect Helena Saxon as New Director” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard101,223,5580 00For
BlackRock62,313,0820 00For
Capital Group22,965,5970 12,859,8090Mixed
TIAA10,714,4080 00For
Dodge & Cox10,655,4000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST8,313,6330 00For
T. Rowe Price7,645,9860 00For
MFS6,185,0060 00For
JPMorgan5,908,7530 00For
State Street5,473,5570 00For
NEW ECONOMY FUND4,757,2070 00For
Dimensional3,129,3310 00For
Invesco2,587,2300 00For
Fidelity2,335,5900 00For
WisdomTree2,185,0990 00For
GMO1,858,8760 00For
Goldman Sachs1,627,2900 00For
Northern Trust1,623,8080 00For
DWS1,572,6810 00For
Columbia Threadneedle1,377,3050 00For
Putnam00 1,346,5720Abstain
Lincoln Financial931,3820 00For
Equitable865,1970 00For
AllianceBernstein793,4000 00For
TEMPLETON FUNDS753,5190 00For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

7. Elect Jan van de Winkel as New Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 75 asset managers

The 75 asset managers below reported 290,538,933 for, 1,928,481 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: 290,538,933ABSTAIN: 1,928,481
Largest asset managers voting on “Elect Jan van de Winkel as New Director” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard101,223,5580 00For
BlackRock62,313,0820 00For
Capital Group35,825,4060 00For
TIAA10,714,4080 00For
Dodge & Cox10,655,4000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST8,313,6330 00For
T. Rowe Price7,645,9860 00For
MFS6,185,0060 00For
JPMorgan5,908,7530 00For
State Street5,473,5570 00For
NEW ECONOMY FUND4,757,2070 00For
Dimensional3,129,3310 00For
Invesco2,587,2300 00For
Fidelity2,335,5900 00For
WisdomTree2,185,0990 00For
GMO1,858,8760 00For
Goldman Sachs1,627,2900 00For
Northern Trust1,623,8080 00For
DWS1,572,6810 00For
Columbia Threadneedle1,377,3050 00For
Putnam00 1,346,5720Abstain
Lincoln Financial931,3820 00For
Equitable865,1970 00For
AllianceBernstein793,4000 00For
TEMPLETON FUNDS753,5190 00For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

8. Elect Ramona Sequeira as New Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 75 asset managers

The 75 asset managers below reported 290,538,933 for, 1,928,481 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: 290,538,933ABSTAIN: 1,928,481
Largest asset managers voting on “Elect Ramona Sequeira as New Director” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard101,223,5580 00For
BlackRock62,313,0820 00For
Capital Group35,825,4060 00For
TIAA10,714,4080 00For
Dodge & Cox10,655,4000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST8,313,6330 00For
T. Rowe Price7,645,9860 00For
MFS6,185,0060 00For
JPMorgan5,908,7530 00For
State Street5,473,5570 00For
NEW ECONOMY FUND4,757,2070 00For
Dimensional3,129,3310 00For
Invesco2,587,2300 00For
Fidelity2,335,5900 00For
WisdomTree2,185,0990 00For
GMO1,858,8760 00For
Goldman Sachs1,627,2900 00For
Northern Trust1,623,8080 00For
DWS1,572,6810 00For
Columbia Threadneedle1,377,3050 00For
Putnam00 1,346,5720Abstain
Lincoln Financial931,3820 00For
Equitable865,1970 00For
AllianceBernstein793,4000 00For
TEMPLETON FUNDS753,5190 00For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

9. Reelect Britt Meelby Jensen as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 75 asset managers

The 75 asset managers below reported 251,746,313 for, 40,721,101 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: 251,746,313ABSTAIN: 40,721,101
Largest asset managers voting on “Reelect Britt Meelby Jensen as Director” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard101,223,5580 00For
BlackRock62,313,0820 00For
Capital Group35,825,4060 00For
TIAA00 10,714,4080Abstain
Dodge & Cox10,655,4000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST00 8,313,6330Abstain
T. Rowe Price7,645,9860 00For
MFS6,185,0060 00For
JPMorgan5,908,7530 00For
State Street5,473,5570 00For
NEW ECONOMY FUND4,757,2070 00For
Dimensional00 3,129,3310Abstain
Invesco2,587,2300 00For
Fidelity1,501,2410 834,3490Mixed
WisdomTree00 2,185,0990Abstain
GMO00 1,858,8760Abstain
Goldman Sachs1,290,1480 337,1420Mixed
Northern Trust00 1,623,8080Abstain
DWS00 1,572,6810Abstain
Columbia Threadneedle1,377,3050 00For
Putnam00 1,346,5720Abstain
Lincoln Financial737,6670 193,7150Mixed
Equitable865,1970 00For
AllianceBernstein793,4000 00For
TEMPLETON FUNDS00 753,5190Abstain

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

10. Reelect Cees de Jong (Vice Chair) as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 75 asset managers

The 75 asset managers below reported 270,018,756 for, 22,448,658 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: 270,018,756ABSTAIN: 22,448,658
Largest asset managers voting on “Reelect Cees de Jong (Vice Chair) as Director” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard101,223,5580 00For
BlackRock62,313,0820 00For
Capital Group16,040,7270 19,784,6790Mixed
TIAA10,714,4080 00For
Dodge & Cox10,655,4000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST8,313,6330 00For
T. Rowe Price7,645,9860 00For
MFS6,185,0060 00For
JPMorgan5,908,7530 00For
State Street5,473,5570 00For
NEW ECONOMY FUND4,757,2070 00For
Dimensional3,129,3310 00For
Invesco2,587,2300 00For
Fidelity2,335,5900 00For
WisdomTree2,185,0990 00For
GMO1,858,8760 00For
Goldman Sachs1,627,2900 00For
Northern Trust1,623,8080 00For
DWS1,572,6810 00For
Columbia Threadneedle1,377,3050 00For
Putnam00 1,346,5720Abstain
Lincoln Financial931,3820 00For
Equitable865,1970 00For
AllianceBernstein793,4000 00For
TEMPLETON FUNDS753,5190 00For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

11. Reelect Kasim Kutay as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 75 asset managers

The 75 asset managers below reported 253,204,097 for, 39,263,317 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: 253,204,097ABSTAIN: 39,263,317
Largest asset managers voting on “Reelect Kasim Kutay as Director” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard101,223,5580 00For
BlackRock62,313,0820 00For
Capital Group35,825,4060 00For
TIAA00 10,714,4080Abstain
Dodge & Cox10,655,4000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST00 8,313,6330Abstain
T. Rowe Price7,645,9860 00For
MFS6,185,0060 00For
JPMorgan5,908,7530 00For
State Street5,473,5570 00For
NEW ECONOMY FUND4,757,2070 00For
Dimensional00 3,129,3310Abstain
Invesco2,587,2300 00For
Fidelity1,501,2410 834,3490Mixed
WisdomTree00 2,185,0990Abstain
GMO00 1,858,8760Abstain
Goldman Sachs1,290,1480 337,1420Mixed
Northern Trust1,457,7840 166,0240Mixed
DWS00 1,572,6810Abstain
Columbia Threadneedle1,377,3050 00For
Putnam00 1,346,5720Abstain
Lincoln Financial737,6670 193,7150Mixed
Equitable865,1970 00For
AllianceBernstein793,4000 00For
TEMPLETON FUNDS00 753,5190Abstain

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

12. Reelect Lars Rebien Sorensen (Chair) as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FORABSTAIN
Details: votes by 75 asset managers

The 75 asset managers below reported 180,157,168 for, 112,310,246 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: 180,157,168ABSTAIN: 112,310,246
Largest asset managers voting on “Reelect Lars Rebien Sorensen (Chair) as Director” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard101,223,5580 00For
BlackRock00 62,313,0820Abstain
Capital Group35,825,4060 00For
TIAA00 10,714,4080Abstain
Dodge & Cox10,655,4000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST00 8,313,6330Abstain
T. Rowe Price7,645,9860 00For
MFS6,185,0060 00For
JPMorgan5,908,7530 00For
State Street00 5,473,5570Abstain
NEW ECONOMY FUND4,757,2070 00For
Dimensional00 3,129,3310Abstain
Invesco2,587,2300 00For
Fidelity480,8290 1,854,7610Mixed
WisdomTree00 2,185,0990Abstain
GMO00 1,858,8760Abstain
Goldman Sachs1,290,1480 337,1420Mixed
Northern Trust00 1,623,8080Abstain
DWS00 1,572,6810Abstain
Columbia Threadneedle1,377,3050 00For
Putnam00 1,346,5720Abstain
Lincoln Financial215,6740 715,7080Mixed
Equitable216,4940 648,7030Mixed
AllianceBernstein00 793,4000Abstain
TEMPLETON FUNDS00 753,5190Abstain

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

13. Reelect Stephan Engels as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 75 asset managers

The 75 asset managers below reported 289,803,435 for, 2,663,979 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: 289,803,435ABSTAIN: 2,663,979
Largest asset managers voting on “Reelect Stephan Engels as Director” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard101,223,5580 00For
BlackRock62,313,0820 00For
Capital Group35,825,4060 00For
TIAA10,714,4080 00For
Dodge & Cox10,655,4000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST8,313,6330 00For
T. Rowe Price7,645,9860 00For
MFS6,185,0060 00For
JPMorgan5,908,7530 00For
State Street5,473,5570 00For
NEW ECONOMY FUND4,757,2070 00For
Dimensional3,129,3310 00For
Invesco2,587,2300 00For
Fidelity2,335,5900 00For
WisdomTree2,185,0990 00For
GMO1,858,8760 00For
Goldman Sachs1,627,2900 00For
Northern Trust1,623,8080 00For
DWS1,572,6810 00For
Columbia Threadneedle1,377,3050 00For
Putnam00 1,346,5720Abstain
Lincoln Financial931,3820 00For
Equitable865,1970 00For
AllianceBernstein793,4000 00For
TEMPLETON FUNDS753,5190 00For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

14. ELECTION OF MEMBER TO THE BOARD OF DIRECTOR: ELECTION OF CHAIR: RE-ELECTION OF LARS REBIEN SOERENSEN

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

99.9% of fund votes cast · no official result

FORABSTAIN
Details: votes by 24 asset managers

The 24 asset managers below reported 8,671,833 for, 6,861 against, 29,120,656 abstained, 7,340 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: 8,671,833AGAINST: 6,861ABSTAIN: 29,120,656UNKNOWN: 7,340
Largest asset managers voting on “ELECTION OF MEMBER TO THE BOARD OF DIRECTOR: ELECTION OF CHAIR: RE-ELECTION OF LARS REBIEN SOERENSEN” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Six Circles Trust00 13,851,9130Abstain
BlackRock00 8,008,8000Abstain
Vanguard6,390,4620 00For
Jackson National55,5090 2,376,7280Abstain
John Hancock00 2,150,9410Abstain
Bridge Builder Trust596,2020 1,452,1250Mixed
HARBOR FUNDS00 1,122,2410Abstain
BAILLIE GIFFORD FUNDS679,9320 00For
Tidal Trust IV533,6460 00For
CULLEN FUNDS TRUST164,0300 00For
GREEN CENTURY FUNDS103,9280 00For
CARILLON SERIES TRUST00 65,8380Abstain
Listed Funds Trust61,6220 00For
Natixis00 41,1130Abstain
Tema ETF Trust31,5890 00For
BUFFALO FUNDS30,0000 00For
Pacer Funds Trust00 25,1750Abstain
Loomis Sayles00 17,5990Abstain
EA Series Trust15,4420 00For
RBC FUNDS TRUST00 8,1830Abstain
ZEVIN ASSET MANAGEMENT LLC00 00--
Zacks Trust7,1940 00For
Innovator ETFs Trust06,861 00Against
GPS Funds I2,2770 00For

15. ELECTION OF OTHER MEMBER TO THE BOARD OF DIRECTOR: ELECTION OF HELENA SAXON

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 24 asset managers

The 24 asset managers below reported 37,799,350 for, 7,340 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: 37,799,350UNKNOWN: 7,340
Largest asset managers voting on “ELECTION OF OTHER MEMBER TO THE BOARD OF DIRECTOR: ELECTION OF HELENA SAXON” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Six Circles Trust13,851,9130 00For
BlackRock8,008,8000 00For
Vanguard6,390,4620 00For
Jackson National2,432,2370 00For
John Hancock2,150,9410 00For
Bridge Builder Trust2,048,3270 00For
HARBOR FUNDS1,122,2410 00For
BAILLIE GIFFORD FUNDS679,9320 00For
Tidal Trust IV533,6460 00For
CULLEN FUNDS TRUST164,0300 00For
GREEN CENTURY FUNDS103,9280 00For
CARILLON SERIES TRUST65,8380 00For
Listed Funds Trust61,6220 00For
Natixis41,1130 00For
Tema ETF Trust31,5890 00For
BUFFALO FUNDS30,0000 00For
Pacer Funds Trust25,1750 00For
Loomis Sayles17,5990 00For
EA Series Trust15,4420 00For
RBC FUNDS TRUST8,1830 00For
ZEVIN ASSET MANAGEMENT LLC00 00--
Zacks Trust7,1940 00For
Innovator ETFs Trust6,8610 00For
GPS Funds I2,2770 00For

16. ELECTION OF OTHER MEMBER TO THE BOARD OF DIRECTOR: ELECTION OF JAN VAN DE WINKEL

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 24 asset managers

The 24 asset managers below reported 37,799,350 for, 7,340 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: 37,799,350UNKNOWN: 7,340
Largest asset managers voting on “ELECTION OF OTHER MEMBER TO THE BOARD OF DIRECTOR: ELECTION OF JAN VAN DE WINKEL” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Six Circles Trust13,851,9130 00For
BlackRock8,008,8000 00For
Vanguard6,390,4620 00For
Jackson National2,432,2370 00For
John Hancock2,150,9410 00For
Bridge Builder Trust2,048,3270 00For
HARBOR FUNDS1,122,2410 00For
BAILLIE GIFFORD FUNDS679,9320 00For
Tidal Trust IV533,6460 00For
CULLEN FUNDS TRUST164,0300 00For
GREEN CENTURY FUNDS103,9280 00For
CARILLON SERIES TRUST65,8380 00For
Listed Funds Trust61,6220 00For
Natixis41,1130 00For
Tema ETF Trust31,5890 00For
BUFFALO FUNDS30,0000 00For
Pacer Funds Trust25,1750 00For
Loomis Sayles17,5990 00For
EA Series Trust15,4420 00For
RBC FUNDS TRUST8,1830 00For
ZEVIN ASSET MANAGEMENT LLC00 00--
Zacks Trust7,1940 00For
Innovator ETFs Trust6,8610 00For
GPS Funds I2,2770 00For

17. ELECTION OF OTHER MEMBER TO THE BOARD OF DIRECTOR: ELECTION OF RAMONA SEQUEIRA

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 24 asset managers

The 24 asset managers below reported 37,799,350 for, 7,340 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: 37,799,350UNKNOWN: 7,340
Largest asset managers voting on “ELECTION OF OTHER MEMBER TO THE BOARD OF DIRECTOR: ELECTION OF RAMONA SEQUEIRA” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Six Circles Trust13,851,9130 00For
BlackRock8,008,8000 00For
Vanguard6,390,4620 00For
Jackson National2,432,2370 00For
John Hancock2,150,9410 00For
Bridge Builder Trust2,048,3270 00For
HARBOR FUNDS1,122,2410 00For
BAILLIE GIFFORD FUNDS679,9320 00For
Tidal Trust IV533,6460 00For
CULLEN FUNDS TRUST164,0300 00For
GREEN CENTURY FUNDS103,9280 00For
CARILLON SERIES TRUST65,8380 00For
Listed Funds Trust61,6220 00For
Natixis41,1130 00For
Tema ETF Trust31,5890 00For
BUFFALO FUNDS30,0000 00For
Pacer Funds Trust25,1750 00For
Loomis Sayles17,5990 00For
EA Series Trust15,4420 00For
RBC FUNDS TRUST8,1830 00For
ZEVIN ASSET MANAGEMENT LLC00 00--
Zacks Trust7,1940 00For
Innovator ETFs Trust6,8610 00For
GPS Funds I2,2770 00For

18. ELECTION OF OTHER MEMBER TO THE BOARD OF DIRECTOR: RE-ELECTION OF BRITT MEELBY JENSEN

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

99.9% of fund votes cast · no official result

FORABSTAIN
Details: votes by 24 asset managers

The 24 asset managers below reported 31,218,093 for, 6,861 against, 6,574,396 abstained, 7,340 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: 31,218,093AGAINST: 6,861ABSTAIN: 6,574,396UNKNOWN: 7,340
Largest asset managers voting on “ELECTION OF OTHER MEMBER TO THE BOARD OF DIRECTOR: RE-ELECTION OF BRITT MEELBY JENSEN” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Six Circles Trust13,851,9130 00For
BlackRock8,008,8000 00For
Vanguard6,390,4620 00For
Jackson National344,3230 2,087,9140Mixed
John Hancock119,2530 2,031,6880Mixed
Bridge Builder Trust789,7950 1,258,5320Mixed
HARBOR FUNDS00 1,122,2410Abstain
BAILLIE GIFFORD FUNDS679,9320 00For
Tidal Trust IV533,6460 00For
CULLEN FUNDS TRUST164,0300 00For
GREEN CENTURY FUNDS103,9280 00For
CARILLON SERIES TRUST00 65,8380Abstain
Listed Funds Trust61,6220 00For
Natixis41,1130 00For
Tema ETF Trust31,5890 00For
BUFFALO FUNDS30,0000 00For
Pacer Funds Trust25,1750 00For
Loomis Sayles17,5990 00For
EA Series Trust15,4420 00For
RBC FUNDS TRUST00 8,1830Abstain
ZEVIN ASSET MANAGEMENT LLC00 00--
Zacks Trust7,1940 00For
Innovator ETFs Trust06,861 00Against
GPS Funds I2,2770 00For

19. ELECTION OF OTHER MEMBER TO THE BOARD OF DIRECTOR: RE-ELECTION OF KASIM KUTAY

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FORABSTAIN
Details: votes by 24 asset managers

The 24 asset managers below reported 31,224,954 for, 6,574,396 abstained, 7,340 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: 31,224,954ABSTAIN: 6,574,396UNKNOWN: 7,340
Largest asset managers voting on “ELECTION OF OTHER MEMBER TO THE BOARD OF DIRECTOR: RE-ELECTION OF KASIM KUTAY” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Six Circles Trust13,851,9130 00For
BlackRock8,008,8000 00For
Vanguard6,390,4620 00For
Jackson National344,3230 2,087,9140Mixed
John Hancock119,2530 2,031,6880Mixed
Bridge Builder Trust789,7950 1,258,5320Mixed
HARBOR FUNDS00 1,122,2410Abstain
BAILLIE GIFFORD FUNDS679,9320 00For
Tidal Trust IV533,6460 00For
CULLEN FUNDS TRUST164,0300 00For
GREEN CENTURY FUNDS103,9280 00For
CARILLON SERIES TRUST00 65,8380Abstain
Listed Funds Trust61,6220 00For
Natixis41,1130 00For
Tema ETF Trust31,5890 00For
BUFFALO FUNDS30,0000 00For
Pacer Funds Trust25,1750 00For
Loomis Sayles17,5990 00For
EA Series Trust15,4420 00For
RBC FUNDS TRUST00 8,1830Abstain
ZEVIN ASSET MANAGEMENT LLC00 00--
Zacks Trust7,1940 00For
Innovator ETFs Trust6,8610 00For
GPS Funds I2,2770 00For

20. ELECTION OF OTHER MEMBER TO THE BOARD OF DIRECTOR: RE-ELECTION OF STEPHAN ENGELS

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 24 asset managers

The 24 asset managers below reported 37,799,350 for, 7,340 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: 37,799,350UNKNOWN: 7,340
Largest asset managers voting on “ELECTION OF OTHER MEMBER TO THE BOARD OF DIRECTOR: RE-ELECTION OF STEPHAN ENGELS” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Six Circles Trust13,851,9130 00For
BlackRock8,008,8000 00For
Vanguard6,390,4620 00For
Jackson National2,432,2370 00For
John Hancock2,150,9410 00For
Bridge Builder Trust2,048,3270 00For
HARBOR FUNDS1,122,2410 00For
BAILLIE GIFFORD FUNDS679,9320 00For
Tidal Trust IV533,6460 00For
CULLEN FUNDS TRUST164,0300 00For
GREEN CENTURY FUNDS103,9280 00For
CARILLON SERIES TRUST65,8380 00For
Listed Funds Trust61,6220 00For
Natixis41,1130 00For
Tema ETF Trust31,5890 00For
BUFFALO FUNDS30,0000 00For
Pacer Funds Trust25,1750 00For
Loomis Sayles17,5990 00For
EA Series Trust15,4420 00For
RBC FUNDS TRUST8,1830 00For
ZEVIN ASSET MANAGEMENT LLC00 00--
Zacks Trust7,1940 00For
Innovator ETFs Trust6,8610 00For
GPS Funds I2,2770 00For

21. ELECTION OF VICE CHAIR: RE-ELECTION OF CEES DE JONG

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 24 asset managers

The 24 asset managers below reported 37,799,350 for, 7,340 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: 37,799,350UNKNOWN: 7,340
Largest asset managers voting on “ELECTION OF VICE CHAIR: RE-ELECTION OF CEES DE JONG” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Six Circles Trust13,851,9130 00For
BlackRock8,008,8000 00For
Vanguard6,390,4620 00For
Jackson National2,432,2370 00For
John Hancock2,150,9410 00For
Bridge Builder Trust2,048,3270 00For
HARBOR FUNDS1,122,2410 00For
BAILLIE GIFFORD FUNDS679,9320 00For
Tidal Trust IV533,6460 00For
CULLEN FUNDS TRUST164,0300 00For
GREEN CENTURY FUNDS103,9280 00For
CARILLON SERIES TRUST65,8380 00For
Listed Funds Trust61,6220 00For
Natixis41,1130 00For
Tema ETF Trust31,5890 00For
BUFFALO FUNDS30,0000 00For
Pacer Funds Trust25,1750 00For
Loomis Sayles17,5990 00For
EA Series Trust15,4420 00For
RBC FUNDS TRUST8,1830 00For
ZEVIN ASSET MANAGEMENT LLC00 00--
Zacks Trust7,1940 00For
Innovator ETFs Trust6,8610 00For
GPS Funds I2,2770 00For

22. Change Location of General Meeting to Eastern Denmark

No official resultsCORPORATE GOVERNANCE

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 75 asset managers

The 75 asset managers below reported 292,467,414 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: 292,467,414
Largest asset managers voting on “Change Location of General Meeting to Eastern Denmark” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard101,223,5580 00For
BlackRock62,313,0820 00For
Capital Group35,825,4060 00For
TIAA10,714,4080 00For
Dodge & Cox10,655,4000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST8,313,6330 00For
T. Rowe Price7,645,9860 00For
MFS6,185,0060 00For
JPMorgan5,908,7530 00For
State Street5,473,5570 00For
NEW ECONOMY FUND4,757,2070 00For
Dimensional3,129,3310 00For
Invesco2,587,2300 00For
Fidelity2,335,5900 00For
WisdomTree2,185,0990 00For
GMO1,858,8760 00For
Goldman Sachs1,627,2900 00For
Northern Trust1,623,8080 00For
DWS1,572,6810 00For
Columbia Threadneedle1,377,3050 00For
Putnam1,346,5720 00For
Lincoln Financial931,3820 00For
Equitable865,1970 00For
AllianceBernstein793,4000 00For
TEMPLETON FUNDS753,5190 00For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

23. PROPOSALS FROM THE BOARD OF DIRECTOR: AMENDMENT OF LOCATION OF GENERAL MEETINGS DUE TO NEW NAME OF THE REGION

No official resultsCORPORATE GOVERNANCE

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 24 asset managers

The 24 asset managers below reported 37,806,690 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: 37,806,690
Largest asset managers voting on “PROPOSALS FROM THE BOARD OF DIRECTOR: AMENDMENT OF LOCATION OF GENERAL MEETINGS DUE TO NEW NAME OF THE REGION” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Six Circles Trust13,851,9130 00For
BlackRock8,008,8000 00For
Vanguard6,390,4620 00For
Jackson National2,432,2370 00For
John Hancock2,150,9410 00For
Bridge Builder Trust2,048,3270 00For
HARBOR FUNDS1,122,2410 00For
BAILLIE GIFFORD FUNDS679,9320 00For
Tidal Trust IV533,6460 00For
CULLEN FUNDS TRUST164,0300 00For
GREEN CENTURY FUNDS103,9280 00For
CARILLON SERIES TRUST65,8380 00For
Listed Funds Trust61,6220 00For
Natixis41,1130 00For
Tema ETF Trust31,5890 00For
BUFFALO FUNDS30,0000 00For
Pacer Funds Trust25,1750 00For
Loomis Sayles17,5990 00For
EA Series Trust15,4420 00For
RBC FUNDS TRUST8,1830 00For
ZEVIN ASSET MANAGEMENT LLC7,3400 00For
Zacks Trust7,1940 00For
Innovator ETFs Trust6,8610 00For
GPS Funds I2,2770 00For

24. Approve Creation of DKK 44.7 Million Pool of Capital with Preemptive Rights; Approve Creation of DKK 44.7 Million Pool…

No official resultsCAPITAL STRUCTURE

Meeting held March 26, 2026; no official results are on file for this meeting.

99.4% of fund votes cast · no official result

FOR
Details: description as filed, votes by 75 asset managers

Description as filed by funds: Approve Creation of DKK 44.7 Million Pool of Capital with Preemptive Rights; Approve Creation of DKK 44.7 Million Pool of Capital without Preemptive Rights; Maximum Increase in Share Capital under Both Authorizations up to DKK 44.7 Million

The 75 asset managers below reported 290,940,121 for, 1,527,293 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: 290,940,121AGAINST: 1,527,293
Largest asset managers voting on “Approve Creation of DKK 44.7 Million Pool of Capital with Preemptive Rights; Approve Creation of DKK 44.7 Mill” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard99,708,9701,514,588 00For
BlackRock62,313,0820 00For
Capital Group35,825,4060 00For
TIAA10,714,4080 00For
Dodge & Cox10,655,4000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST8,313,6330 00For
T. Rowe Price7,645,9860 00For
MFS6,185,0060 00For
JPMorgan5,908,7530 00For
State Street5,473,5570 00For
NEW ECONOMY FUND4,757,2070 00For
Dimensional3,129,3310 00For
Invesco2,587,2300 00For
Fidelity2,335,5900 00For
WisdomTree2,185,0990 00For
GMO1,858,8760 00For
Goldman Sachs1,627,2900 00For
Northern Trust1,623,8080 00For
DWS1,572,6810 00For
Columbia Threadneedle1,377,3050 00For
Putnam1,346,5720 00For
Lincoln Financial931,3820 00For
Equitable865,1970 00For
AllianceBernstein793,4000 00For
TEMPLETON FUNDS753,5190 00For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

25. Authorize Share Repurchase Program

No official resultsCAPITAL STRUCTURE

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 75 asset managers

The 75 asset managers below reported 292,467,414 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: 292,467,414
Largest asset managers voting on “Authorize Share Repurchase Program” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard101,223,5580 00For
BlackRock62,313,0820 00For
Capital Group35,825,4060 00For
TIAA10,714,4080 00For
Dodge & Cox10,655,4000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST8,313,6330 00For
T. Rowe Price7,645,9860 00For
MFS6,185,0060 00For
JPMorgan5,908,7530 00For
State Street5,473,5570 00For
NEW ECONOMY FUND4,757,2070 00For
Dimensional3,129,3310 00For
Invesco2,587,2300 00For
Fidelity2,335,5900 00For
WisdomTree2,185,0990 00For
GMO1,858,8760 00For
Goldman Sachs1,627,2900 00For
Northern Trust1,623,8080 00For
DWS1,572,6810 00For
Columbia Threadneedle1,377,3050 00For
Putnam1,346,5720 00For
Lincoln Financial931,3820 00For
Equitable865,1970 00For
AllianceBernstein793,4000 00For
TEMPLETON FUNDS753,5190 00For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

26. PROPOSALS FROM THE BOARD OF DIRECTOR: AUTHORISATION TO THE BOARD OF DIRECTORS TO ALLOW THE COMPANY TO REPURCHASE OWN…

No official resultsCAPITAL STRUCTURE

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 24 asset managers

Description as filed by funds: PROPOSALS FROM THE BOARD OF DIRECTOR: AUTHORISATION TO THE BOARD OF DIRECTORS TO ALLOW THE COMPANY TO REPURCHASE OWN SHARES

The 24 asset managers below reported 37,799,350 for, 7,340 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: 37,799,350UNKNOWN: 7,340
Largest asset managers voting on “PROPOSALS FROM THE BOARD OF DIRECTOR: AUTHORISATION TO THE BOARD OF DIRECTORS TO ALLOW THE COMPANY TO REPURCHA” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Six Circles Trust13,851,9130 00For
BlackRock8,008,8000 00For
Vanguard6,390,4620 00For
Jackson National2,432,2370 00For
John Hancock2,150,9410 00For
Bridge Builder Trust2,048,3270 00For
HARBOR FUNDS1,122,2410 00For
BAILLIE GIFFORD FUNDS679,9320 00For
Tidal Trust IV533,6460 00For
CULLEN FUNDS TRUST164,0300 00For
GREEN CENTURY FUNDS103,9280 00For
CARILLON SERIES TRUST65,8380 00For
Listed Funds Trust61,6220 00For
Natixis41,1130 00For
Tema ETF Trust31,5890 00For
BUFFALO FUNDS30,0000 00For
Pacer Funds Trust25,1750 00For
Loomis Sayles17,5990 00For
EA Series Trust15,4420 00For
RBC FUNDS TRUST8,1830 00For
ZEVIN ASSET MANAGEMENT LLC00 00--
Zacks Trust7,1940 00For
Innovator ETFs Trust6,8610 00For
GPS Funds I2,2770 00For

27. PROPOSALS FROM THE BOARD OF DIRECTOR: AUTHORISATION TO THE BOARD OF DIRECTORS TO INCREASE THE COMPANY'S SHARE CAPITAL

No official resultsCAPITAL STRUCTURE

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 24 asset managers

The 24 asset managers below reported 37,799,350 for, 7,340 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: 37,799,350UNKNOWN: 7,340
Largest asset managers voting on “PROPOSALS FROM THE BOARD OF DIRECTOR: AUTHORISATION TO THE BOARD OF DIRECTORS TO INCREASE THE COMPANY'S SHARE ” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Six Circles Trust13,851,9130 00For
BlackRock8,008,8000 00For
Vanguard6,390,4620 00For
Jackson National2,432,2370 00For
John Hancock2,150,9410 00For
Bridge Builder Trust2,048,3270 00For
HARBOR FUNDS1,122,2410 00For
BAILLIE GIFFORD FUNDS679,9320 00For
Tidal Trust IV533,6460 00For
CULLEN FUNDS TRUST164,0300 00For
GREEN CENTURY FUNDS103,9280 00For
CARILLON SERIES TRUST65,8380 00For
Listed Funds Trust61,6220 00For
Natixis41,1130 00For
Tema ETF Trust31,5890 00For
BUFFALO FUNDS30,0000 00For
Pacer Funds Trust25,1750 00For
Loomis Sayles17,5990 00For
EA Series Trust15,4420 00For
RBC FUNDS TRUST8,1830 00For
ZEVIN ASSET MANAGEMENT LLC00 00--
Zacks Trust7,1940 00For
Innovator ETFs Trust6,8610 00For
GPS Funds I2,2770 00For

28. Accept Financial Statements and Statutory Reports

No official resultsCORPORATE GOVERNANCE

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 75 asset managers

The 75 asset managers below reported 292,467,414 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: 292,467,414
Largest asset managers voting on “Accept Financial Statements and Statutory Reports” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard101,223,5580 00For
BlackRock62,313,0820 00For
Capital Group35,825,4060 00For
TIAA10,714,4080 00For
Dodge & Cox10,655,4000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST8,313,6330 00For
T. Rowe Price7,645,9860 00For
MFS6,185,0060 00For
JPMorgan5,908,7530 00For
State Street5,473,5570 00For
NEW ECONOMY FUND4,757,2070 00For
Dimensional3,129,3310 00For
Invesco2,587,2300 00For
Fidelity2,335,5900 00For
WisdomTree2,185,0990 00For
GMO1,858,8760 00For
Goldman Sachs1,627,2900 00For
Northern Trust1,623,8080 00For
DWS1,572,6810 00For
Columbia Threadneedle1,377,3050 00For
Putnam1,346,5720 00For
Lincoln Financial931,3820 00For
Equitable865,1970 00For
AllianceBernstein793,4000 00For
TEMPLETON FUNDS753,5190 00For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

29. Approve Allocation of Income and Dividends of DKK 7.95 Per Share

No official resultsCAPITAL STRUCTURE

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 75 asset managers

The 75 asset managers below reported 292,467,414 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: 292,467,414
Largest asset managers voting on “Approve Allocation of Income and Dividends of DKK 7.95 Per Share” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard101,223,5580 00For
BlackRock62,313,0820 00For
Capital Group35,825,4060 00For
TIAA10,714,4080 00For
Dodge & Cox10,655,4000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST8,313,6330 00For
T. Rowe Price7,645,9860 00For
MFS6,185,0060 00For
JPMorgan5,908,7530 00For
State Street5,473,5570 00For
NEW ECONOMY FUND4,757,2070 00For
Dimensional3,129,3310 00For
Invesco2,587,2300 00For
Fidelity2,335,5900 00For
WisdomTree2,185,0990 00For
GMO1,858,8760 00For
Goldman Sachs1,627,2900 00For
Northern Trust1,623,8080 00For
DWS1,572,6810 00For
Columbia Threadneedle1,377,3050 00For
Putnam1,346,5720 00For
Lincoln Financial931,3820 00For
Equitable865,1970 00For
AllianceBernstein793,4000 00For
TEMPLETON FUNDS753,5190 00For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

30. PRESENTATION AND ADOPTION OF THE AUDITED ANNUAL REPORT 2025

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 24 asset managers

The 24 asset managers below reported 37,799,350 for, 7,340 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: 37,799,350UNKNOWN: 7,340
Largest asset managers voting on “PRESENTATION AND ADOPTION OF THE AUDITED ANNUAL REPORT 2025” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Six Circles Trust13,851,9130 00For
BlackRock8,008,8000 00For
Vanguard6,390,4620 00For
Jackson National2,432,2370 00For
John Hancock2,150,9410 00For
Bridge Builder Trust2,048,3270 00For
HARBOR FUNDS1,122,2410 00For
BAILLIE GIFFORD FUNDS679,9320 00For
Tidal Trust IV533,6460 00For
CULLEN FUNDS TRUST164,0300 00For
GREEN CENTURY FUNDS103,9280 00For
CARILLON SERIES TRUST65,8380 00For
Listed Funds Trust61,6220 00For
Natixis41,1130 00For
Tema ETF Trust31,5890 00For
BUFFALO FUNDS30,0000 00For
Pacer Funds Trust25,1750 00For
Loomis Sayles17,5990 00For
EA Series Trust15,4420 00For
RBC FUNDS TRUST8,1830 00For
ZEVIN ASSET MANAGEMENT LLC00 00--
Zacks Trust7,1940 00For
Innovator ETFs Trust6,8610 00For
GPS Funds I2,2770 00For

31. RESOLUTION TO DISTRIBUTE THE PROFIT ACCORDING TO THE ADOPTED ANNUAL REPORT 2025

No official resultsCAPITAL STRUCTURE

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 24 asset managers

The 24 asset managers below reported 37,799,350 for, 7,340 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: 37,799,350UNKNOWN: 7,340
Largest asset managers voting on “RESOLUTION TO DISTRIBUTE THE PROFIT ACCORDING TO THE ADOPTED ANNUAL REPORT 2025” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Six Circles Trust13,851,9130 00For
BlackRock8,008,8000 00For
Vanguard6,390,4620 00For
Jackson National2,432,2370 00For
John Hancock2,150,9410 00For
Bridge Builder Trust2,048,3270 00For
HARBOR FUNDS1,122,2410 00For
BAILLIE GIFFORD FUNDS679,9320 00For
Tidal Trust IV533,6460 00For
CULLEN FUNDS TRUST164,0300 00For
GREEN CENTURY FUNDS103,9280 00For
CARILLON SERIES TRUST65,8380 00For
Listed Funds Trust61,6220 00For
Natixis41,1130 00For
Tema ETF Trust31,5890 00For
BUFFALO FUNDS30,0000 00For
Pacer Funds Trust25,1750 00For
Loomis Sayles17,5990 00For
EA Series Trust15,4420 00For
RBC FUNDS TRUST8,1830 00For
ZEVIN ASSET MANAGEMENT LLC00 00--
Zacks Trust7,1940 00For
Innovator ETFs Trust6,8610 00For
GPS Funds I2,2770 00For

32. Approve Remuneration Level of Directors for 2026

Meeting held March 26, 2026; no official results are on file for this meeting.

99.9% of fund votes cast · no official result

FOR
Details: votes by 76 asset managers

The 76 asset managers below reported 292,360,945 for, 108,048 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: 292,360,945AGAINST: 108,048
Largest asset managers voting on “Approve Remuneration Level of Directors for 2026” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard101,223,5580 00For
BlackRock62,313,0820 00For
Capital Group35,825,4060 00For
TIAA10,714,4080 00For
Dodge & Cox10,655,4000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST8,313,6330 00For
T. Rowe Price7,645,9860 00For
MFS6,185,0060 00For
JPMorgan5,908,7530 00For
State Street5,473,5570 00For
NEW ECONOMY FUND4,757,2070 00For
Dimensional3,129,3310 00For
Invesco2,587,2300 00For
Fidelity2,335,5900 00For
WisdomTree2,185,0990 00For
GMO1,858,8760 00For
Goldman Sachs1,627,2900 00For
Northern Trust1,623,8080 00For
DWS1,572,6810 00For
Columbia Threadneedle1,377,3050 00For
Putnam1,346,5720 00For
Lincoln Financial931,3820 00For
Equitable865,1970 00For
AllianceBernstein793,4000 00For
TEMPLETON FUNDS753,5190 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

33. Approve Remuneration of Directors for 2025

Meeting held March 26, 2026; no official results are on file for this meeting.

99.9% of fund votes cast · no official result

FOR
Details: votes by 76 asset managers

The 76 asset managers below reported 291,435,630 for, 108,048 against, 925,315 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: 291,435,630AGAINST: 108,048ABSTAIN: 925,315
Largest asset managers voting on “Approve Remuneration of Directors for 2025” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard101,223,5580 00For
BlackRock61,518,5180 794,5640For
Capital Group35,825,4060 00For
TIAA10,714,4080 00For
Dodge & Cox10,655,4000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST8,313,6330 00For
T. Rowe Price7,645,9860 00For
MFS6,185,0060 00For
JPMorgan5,908,7530 00For
State Street5,473,5570 00For
NEW ECONOMY FUND4,757,2070 00For
Dimensional3,129,3310 00For
Invesco2,587,2300 00For
Fidelity2,335,5900 00For
WisdomTree2,185,0990 00For
GMO1,858,8760 00For
Goldman Sachs1,627,2900 00For
Northern Trust1,623,8080 00For
DWS1,572,6810 00For
Columbia Threadneedle1,377,3050 00For
Putnam1,346,5720 00For
Lincoln Financial931,3820 00For
Equitable865,1970 00For
AllianceBernstein793,4000 00For
TEMPLETON FUNDS753,5190 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

34. REMUNERATION: APPROVAL OF THE REMUNERATION LEVEL OF THE BOARD OF DIRECTORS FOR 2026

Meeting held March 26, 2026; no official results are on file for this meeting.

99.7% of fund votes cast · no official result

FOR
Details: votes by 24 asset managers

The 24 asset managers below reported 37,695,422 for, 103,928 against, 7,340 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: 37,695,422AGAINST: 103,928UNKNOWN: 7,340
Largest asset managers voting on “REMUNERATION: APPROVAL OF THE REMUNERATION LEVEL OF THE BOARD OF DIRECTORS FOR 2026” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Six Circles Trust13,851,9130 00For
BlackRock8,008,8000 00For
Vanguard6,390,4620 00For
Jackson National2,432,2370 00For
John Hancock2,150,9410 00For
Bridge Builder Trust2,048,3270 00For
HARBOR FUNDS1,122,2410 00For
BAILLIE GIFFORD FUNDS679,9320 00For
Tidal Trust IV533,6460 00For
CULLEN FUNDS TRUST164,0300 00For
GREEN CENTURY FUNDS0103,928 00Against
CARILLON SERIES TRUST65,8380 00For
Listed Funds Trust61,6220 00For
Natixis41,1130 00For
Tema ETF Trust31,5890 00For
BUFFALO FUNDS30,0000 00For
Pacer Funds Trust25,1750 00For
Loomis Sayles17,5990 00For
EA Series Trust15,4420 00For
RBC FUNDS TRUST8,1830 00For
ZEVIN ASSET MANAGEMENT LLC00 00--
Zacks Trust7,1940 00For
Innovator ETFs Trust6,8610 00For
GPS Funds I2,2770 00For

35. REMUNERATION: APPROVAL OF THE REMUNERATION OF THE BOARD OF DIRECTORS FOR 2025

Meeting held March 26, 2026; no official results are on file for this meeting.

99.7% of fund votes cast · no official result

FOR
Details: votes by 24 asset managers

The 24 asset managers below reported 37,694,012 for, 103,928 against, 1,410 abstained, 7,340 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: 37,694,012AGAINST: 103,928ABSTAIN: 1,410UNKNOWN: 7,340
Largest asset managers voting on “REMUNERATION: APPROVAL OF THE REMUNERATION OF THE BOARD OF DIRECTORS FOR 2025” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Six Circles Trust13,851,9130 00For
BlackRock8,007,3900 1,4100For
Vanguard6,390,4620 00For
Jackson National2,432,2370 00For
John Hancock2,150,9410 00For
Bridge Builder Trust2,048,3270 00For
HARBOR FUNDS1,122,2410 00For
BAILLIE GIFFORD FUNDS679,9320 00For
Tidal Trust IV533,6460 00For
CULLEN FUNDS TRUST164,0300 00For
GREEN CENTURY FUNDS0103,928 00Against
CARILLON SERIES TRUST65,8380 00For
Listed Funds Trust61,6220 00For
Natixis41,1130 00For
Tema ETF Trust31,5890 00For
BUFFALO FUNDS30,0000 00For
Pacer Funds Trust25,1750 00For
Loomis Sayles17,5990 00For
EA Series Trust15,4420 00For
RBC FUNDS TRUST8,1830 00For
ZEVIN ASSET MANAGEMENT LLC00 00--
Zacks Trust7,1940 00For
Innovator ETFs Trust6,8610 00For
GPS Funds I2,2770 00For

36. Approve Remuneration Report (Advisory Vote)

Meeting held March 26, 2026; no official results are on file for this meeting.

64% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 79 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: 74 asset managers voting on “Approve Remuneration Report (Advisory Vote)” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard101,223,5580 00For
BlackRock794,56461,518,518 00Against
Capital Group35,825,4060 00For
TIAA10,714,4080 00For
Dodge & Cox10,655,4000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST8,313,6330 00For
T. Rowe Price7,645,9860 00For
MFS6,185,0060 00For
JPMorgan5,908,7530 00For
State Street5,473,5570 00For
NEW ECONOMY FUND4,757,2070 00For
Dimensional03,129,331 00Against
Invesco2,587,2300 00For
Fidelity2,335,5900 00For
WisdomTree2,185,0990 00For
GMO1,858,8760 00For
Goldman Sachs1,627,2900 00For
Northern Trust1,623,8080 00For
DWS1,572,6810 00For
Columbia Threadneedle1,377,3050 00For
Putnam1,346,5720 00For
Lincoln Financial931,3820 00For
Equitable324,507540,690 00Mixed
AllianceBernstein793,4000 00For
TEMPLETON FUNDS753,5190 00For

Fund voting reports, all 74 managers: 226,365,063 for, 66,091,426 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 7 asset managers voting on “Approve Remuneration Report (Advisory Vote)” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock9,741,40463,002,973 00Mixed
APG Asset Management US Inc.010,194,754 00Against
JPMorgan7,545,3060 00For
Life Cycle Investment Partners Ltd74,7420 00For
RWC Asset Management LLP10,9250 00For
IQ EQ FUND MANAGEMENT (IRELAND) Ltd3,3240 00For
Vontobel Holding Ltd.1,5790 00For

Institutional-manager reports, all 7 managers: 17,377,280 for, 73,197,727 against, 663,096 not voted.

37. PRESENTATION OF AND ADVISORY VOTE ON THE REMUNERATION REPORT 2025

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

Meeting held March 26, 2026; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

26% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 48 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: 23 asset managers voting on “PRESENTATION OF AND ADVISORY VOTE ON THE REMUNERATION REPORT 2025” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Six Circles Trust013,851,913 00Against
BlackRock1,4108,007,390 00Against
Vanguard6,390,4620 00For
Jackson National2,432,2370 00For
John Hancock2,150,9410 00For
Bridge Builder Trust1,854,734193,593 00Mixed
HARBOR FUNDS1,122,2410 00For
BAILLIE GIFFORD FUNDS679,9320 00For
Tidal Trust IV533,6460 00For
CULLEN FUNDS TRUST164,0300 00For
GREEN CENTURY FUNDS103,9280 00For
CARILLON SERIES TRUST65,8380 00For
Listed Funds Trust61,6220 00For
Natixis41,1130 00For
Tema ETF Trust31,5890 00For
BUFFALO FUNDS30,0000 00For
Pacer Funds Trust025,175 00Against
Loomis Sayles17,5990 00For
EA Series Trust15,4420 00For
RBC FUNDS TRUST8,1830 00For
Zacks Trust7,1940 00For
Innovator ETFs Trust6,8610 00For
GPS Funds I2,2770 00For

Fund voting reports, all 23 managers: 15,721,279 for, 22,078,071 against.

Institutional-manager reports: 24 asset managers voting on “PRESENTATION OF AND ADVISORY VOTE ON THE REMUNERATION REPORT 2025” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock2,352,30283,147,981 00Against
BAILLIE GIFFORD OVERSEAS LTD8,904,9600 00For
BAILLIE GIFFORD & CO LTD3,341,1120 00For
MAVERICK CAPITAL LTD1,634,0610 00For
Korea Investment CORP1,547,0460 00For
BAILLIE GIFFORD & CO1,536,2900 00For
Baillie Gifford Investment Management (Europe) Ltd500,3580 00For
ORBIMED ADVISORS LLC0418,600 00Against
1832 Asset Management L.P.297,0440 00For
S-Bank Fund Management Ltd189,5260 00For
Northern Trust135,6760 00For
Clear Harbor Asset Management, LLC100,0000 00For
Westfuller Advisors, LLC84,1200 00For
Diversified Trust Co74,5760 00For
BANK OF NOVA SCOTIA64,0000 00For
LOCKHEED MARTIN INVESTMENT MANAGEMENT CO60,9100 00For
NATIONAL BANK INVESTMENTS INC.15,7380 00For
ZEVIN ASSET MANAGEMENT LLC00 00--
GRIMES & Co WEALTH MANAGEMENT, LLC7,1000 00For
Cullen Capital Management, LLC6,0390 00For
SATURNA CAPITAL CORP3,3830 00For
ROCKEFELLER FINANCIAL LLC2,2610 00For
O'SHAUGHNESSY ASSET MANAGEMENT, LLC9150 00For
ENVESTNET ASSET MANAGEMENT INC0592 00Against

Institutional-manager reports, all 24 managers: 20,857,417 for, 83,567,173 against, 7,340 unknown.

38. Remuneration Report

Meeting held March 26, 2026; no official results are on file for this meeting.

31% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 24 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: 23 asset managers voting on “Remuneration Report” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab010,311,112 00Against
Vanguard6,105,0571,393,576 00Mixed
SEI01,214,463 00Against
Russell Investments0782,267 00Against
Prudential/PGIM599,8830 00For
IMPAX FUNDS SERIES TRUST I278,5500 00For
Venerable Variable Insurance Trust0231,588 00Against
Neuberger Berman0188,818 00Against
Fidelity113,2550 00For
Morningstar Funds Trust0111,511 00Against
DOMINI INVESTMENT TRUST0102,548 00Against
VanEck ETF Trust098,748 00Against
Hartford5,75286,069 00Mixed
Nationwide091,496 00Against
Advisors' Inner Circle Fund III048,722 00Against
Brighthouse07,829 27,0320Mixed
Global X031,530 00Against
PACE SELECT ADVISORS TRUST029,576 00Against
New York Life13,2270 00For
Adviser Managed Trust05,926 00Against
Northern Lights Fund Trust IV02,173 00Against
Federated Hermes0482 00Against
GUINNESS ATKINSON FUNDS0258 00Against

Fund voting reports, all 23 managers: 7,115,724 for, 14,738,692 against, 27,032 abstained.

Institutional-manager reports: 1 asset manager voting on “Remuneration Report” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Union Investment Management GmbH0821,864 00Against

Institutional-manager reports, all 1 managers: 821,864 against.

39. Ratify Deloitte as Auditors; Ratify Deloitte as Auditors for Sustainability Reporting

No official resultsAUDIT-RELATED

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 75 asset managers

The 75 asset managers below reported 292,467,414 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: 292,467,414
Largest asset managers voting on “Ratify Deloitte as Auditors; Ratify Deloitte as Auditors for Sustainability Reporting” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard101,223,5580 00For
BlackRock62,313,0820 00For
Capital Group35,825,4060 00For
TIAA10,714,4080 00For
Dodge & Cox10,655,4000 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST8,313,6330 00For
T. Rowe Price7,645,9860 00For
MFS6,185,0060 00For
JPMorgan5,908,7530 00For
State Street5,473,5570 00For
NEW ECONOMY FUND4,757,2070 00For
Dimensional3,129,3310 00For
Invesco2,587,2300 00For
Fidelity2,335,5900 00For
WisdomTree2,185,0990 00For
GMO1,858,8760 00For
Goldman Sachs1,627,2900 00For
Northern Trust1,623,8080 00For
DWS1,572,6810 00For
Columbia Threadneedle1,377,3050 00For
Putnam1,346,5720 00For
Lincoln Financial931,3820 00For
Equitable865,1970 00For
AllianceBernstein793,4000 00For
TEMPLETON FUNDS753,5190 00For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

40. APPOINTMENT OF AUDITOR: RE-APPOINTMENT OF DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB

No official resultsAUDIT-RELATED

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 24 asset managers

The 24 asset managers below reported 37,799,350 for, 7,340 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: 37,799,350UNKNOWN: 7,340
Largest asset managers voting on “APPOINTMENT OF AUDITOR: RE-APPOINTMENT OF DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB” at Novo Nordisk A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Six Circles Trust13,851,9130 00For
BlackRock8,008,8000 00For
Vanguard6,390,4620 00For
Jackson National2,432,2370 00For
John Hancock2,150,9410 00For
Bridge Builder Trust2,048,3270 00For
HARBOR FUNDS1,122,2410 00For
BAILLIE GIFFORD FUNDS679,9320 00For
Tidal Trust IV533,6460 00For
CULLEN FUNDS TRUST164,0300 00For
GREEN CENTURY FUNDS103,9280 00For
CARILLON SERIES TRUST65,8380 00For
Listed Funds Trust61,6220 00For
Natixis41,1130 00For
Tema ETF Trust31,5890 00For
BUFFALO FUNDS30,0000 00For
Pacer Funds Trust25,1750 00For
Loomis Sayles17,5990 00For
EA Series Trust15,4420 00For
RBC FUNDS TRUST8,1830 00For
ZEVIN ASSET MANAGEMENT LLC00 00--
Zacks Trust7,1940 00For
Innovator ETFs Trust6,8610 00For
GPS Funds I2,2770 00For

Showing the 40 reported items with the widest manager coverage, of 69 in total. View every item.

Largest Novo Nordisk A/S 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.

Fund voting reports: top Novo Nordisk A/S shareholders by shares voted on “ELECT CEES DE JONG (VICE CHAIR) AS NEW DIRECTOR”, 2025-2026
#Asset manager Shares voted
1Vanguard 105,125,895
2Capital Group 77,847,649
3BlackRock 59,613,477
4EUPAC FUND 35,229,208
5TIAA 12,492,349
6MFS 10,668,917
7Fidelity 10,254,897
8INVESTMENT CO OF AMERICA 8,265,955
9JPMorgan 6,581,727
10Six Circles Trust 6,286,677
Institutional-manager reports: top Novo Nordisk A/S shareholders by shares voted on “PRESENTATION OF AND ADVISORY VOTE ON THE REMUNERATION REPORT 2025”, 2025-2026
#Asset manager Shares voted
1BlackRock 85,500,283
2BAILLIE GIFFORD OVERSEAS LTD 8,904,960
3BAILLIE GIFFORD & CO LTD 3,341,112
4MAVERICK CAPITAL LTD 1,634,061
5Korea Investment CORP 1,547,046
6BAILLIE GIFFORD & CO 1,536,290
7Baillie Gifford Investment Management (Europe) Ltd 500,358
8ORBIMED ADVISORS LLC 418,600
91832 Asset Management L.P. 297,044
10S-Bank Fund Management Ltd 189,526

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Novo Nordisk A/S for the 2025-2026 season, so there is no denominator to divide by.

About this page

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

At Novo Nordisk A/S's 2 shareholder meetings in the 2025-2026 proxy season (held November 14, 2025 and March 26, 2026), 166 asset managers reported how they voted in their SEC Form N-PX filings, covering 10,646 separate fund positions. Their filings are grouped here into 69 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 — ELECT CEES DE JONG (VICE CHAIR) AS NEW DIRECTOR — the reporting funds cast 100% 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). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Novo Nordisk A/S proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

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