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South Bow Corporation 2025-2026 Proxy Voting Records

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

  • 25Reported items
  • 269Asset managers
  • 1,918Fund votes
  • May 7, 2026Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from South Bow Corporation 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: 2024-2025 2025-2026

Explore South Bow Corporation in the interactive database Compare manager voting policies

How asset managers voted at the South Bow Corporation 2025-2026 meeting

Each item below shows how the 269 asset managers that disclosed a South Bow Corporation 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 South Bow Corporation’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 DIRECTOR BEVIN WIRZBA

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 58 asset managers

The 58 asset managers below reported 48,950,046 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: 48,950,046
Largest asset managers voting on “ELECT DIRECTOR BEVIN WIRZBA” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group14,369,9510 00For
Vanguard5,958,1360 00For
Fidelity4,986,5330 00For
Thornburg3,244,5170 00For
T. Rowe Price2,843,3230 00For
Global X2,207,7990 00For
Dimensional1,649,2520 00For
Cohen & Steers1,578,5400 00For
Two Roads Shared Trust1,074,3970 00For
John Hancock957,5080 00For
New York Life860,8840 00For
Ultimus Managers Trust855,2500 00For
Invesco817,7520 00For
BlackRock811,8990 00For
American Century806,8270 00For
Tortoise Capital Series Trust762,9740 00For
Prudential/PGIM628,8970 00For
USCF ETF Trust580,6810 00For
Brookfield Investment Funds517,1710 00For
ALPS ETF Trust509,0910 00For
Bridge Builder Trust442,6980 00For
Charles Schwab433,2830 00For
Principal370,4770 00For
State Street353,4980 00For
Legg Mason205,0060 00For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

2. ELECT DIRECTOR CHANSOO JOUNG

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99% of fund votes cast · no official result

FOR
Details: votes by 58 asset managers

The 58 asset managers below reported 48,369,365 for, 580,681 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: 48,369,365AGAINST: 580,681
Largest asset managers voting on “ELECT DIRECTOR CHANSOO JOUNG” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group14,369,9510 00For
Vanguard5,958,1360 00For
Fidelity4,986,5330 00For
Thornburg3,244,5170 00For
T. Rowe Price2,843,3230 00For
Global X2,207,7990 00For
Dimensional1,649,2520 00For
Cohen & Steers1,578,5400 00For
Two Roads Shared Trust1,074,3970 00For
John Hancock957,5080 00For
New York Life860,8840 00For
Ultimus Managers Trust855,2500 00For
Invesco817,7520 00For
BlackRock811,8990 00For
American Century806,8270 00For
Tortoise Capital Series Trust762,9740 00For
Prudential/PGIM628,8970 00For
USCF ETF Trust0580,681 00Against
Brookfield Investment Funds517,1710 00For
ALPS ETF Trust509,0910 00For
Bridge Builder Trust442,6980 00For
Charles Schwab433,2830 00For
Principal370,4770 00For
State Street353,4980 00For
Legg Mason205,0060 00For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

3. ELECT DIRECTOR FRANCES M. VALLEJO

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 58 asset managers

The 58 asset managers below reported 48,950,046 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: 48,950,046
Largest asset managers voting on “ELECT DIRECTOR FRANCES M. VALLEJO” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group14,369,9510 00For
Vanguard5,958,1360 00For
Fidelity4,986,5330 00For
Thornburg3,244,5170 00For
T. Rowe Price2,843,3230 00For
Global X2,207,7990 00For
Dimensional1,649,2520 00For
Cohen & Steers1,578,5400 00For
Two Roads Shared Trust1,074,3970 00For
John Hancock957,5080 00For
New York Life860,8840 00For
Ultimus Managers Trust855,2500 00For
Invesco817,7520 00For
BlackRock811,8990 00For
American Century806,8270 00For
Tortoise Capital Series Trust762,9740 00For
Prudential/PGIM628,8970 00For
USCF ETF Trust580,6810 00For
Brookfield Investment Funds517,1710 00For
ALPS ETF Trust509,0910 00For
Bridge Builder Trust442,6980 00For
Charles Schwab433,2830 00For
Principal370,4770 00For
State Street353,4980 00For
Legg Mason205,0060 00For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

4. ELECT DIRECTOR LEONARD MALLETT

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 58 asset managers

The 58 asset managers below reported 48,950,046 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: 48,950,046
Largest asset managers voting on “ELECT DIRECTOR LEONARD MALLETT” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group14,369,9510 00For
Vanguard5,958,1360 00For
Fidelity4,986,5330 00For
Thornburg3,244,5170 00For
T. Rowe Price2,843,3230 00For
Global X2,207,7990 00For
Dimensional1,649,2520 00For
Cohen & Steers1,578,5400 00For
Two Roads Shared Trust1,074,3970 00For
John Hancock957,5080 00For
New York Life860,8840 00For
Ultimus Managers Trust855,2500 00For
Invesco817,7520 00For
BlackRock811,8990 00For
American Century806,8270 00For
Tortoise Capital Series Trust762,9740 00For
Prudential/PGIM628,8970 00For
USCF ETF Trust580,6810 00For
Brookfield Investment Funds517,1710 00For
ALPS ETF Trust509,0910 00For
Bridge Builder Trust442,6980 00For
Charles Schwab433,2830 00For
Principal370,4770 00For
State Street353,4980 00For
Legg Mason205,0060 00For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

5. ELECT DIRECTOR GEORGE LEWIS

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99% of fund votes cast · no official result

FOR
Details: votes by 58 asset managers

The 58 asset managers below reported 48,369,365 for, 580,681 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: 48,369,365AGAINST: 580,681
Largest asset managers voting on “ELECT DIRECTOR GEORGE LEWIS” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group14,369,9510 00For
Vanguard5,958,1360 00For
Fidelity4,986,5330 00For
Thornburg3,244,5170 00For
T. Rowe Price2,843,3230 00For
Global X2,207,7990 00For
Dimensional1,649,2520 00For
Cohen & Steers1,578,5400 00For
Two Roads Shared Trust1,074,3970 00For
John Hancock957,5080 00For
New York Life860,8840 00For
Ultimus Managers Trust855,2500 00For
Invesco817,7520 00For
BlackRock811,8990 00For
American Century806,8270 00For
Tortoise Capital Series Trust762,9740 00For
Prudential/PGIM628,8970 00For
USCF ETF Trust0580,681 00Against
Brookfield Investment Funds517,1710 00For
ALPS ETF Trust509,0910 00For
Bridge Builder Trust442,6980 00For
Charles Schwab433,2830 00For
Principal370,4770 00For
State Street353,4980 00For
Legg Mason205,0060 00For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

6. ELECT DIRECTOR MARY PAT SALOMONE

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 58 asset managers

The 58 asset managers below reported 48,950,046 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: 48,950,046
Largest asset managers voting on “ELECT DIRECTOR MARY PAT SALOMONE” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group14,369,9510 00For
Vanguard5,958,1360 00For
Fidelity4,986,5330 00For
Thornburg3,244,5170 00For
T. Rowe Price2,843,3230 00For
Global X2,207,7990 00For
Dimensional1,649,2520 00For
Cohen & Steers1,578,5400 00For
Two Roads Shared Trust1,074,3970 00For
John Hancock957,5080 00For
New York Life860,8840 00For
Ultimus Managers Trust855,2500 00For
Invesco817,7520 00For
BlackRock811,8990 00For
American Century806,8270 00For
Tortoise Capital Series Trust762,9740 00For
Prudential/PGIM628,8970 00For
USCF ETF Trust580,6810 00For
Brookfield Investment Funds517,1710 00For
ALPS ETF Trust509,0910 00For
Bridge Builder Trust442,6980 00For
Charles Schwab433,2830 00For
Principal370,4770 00For
State Street353,4980 00For
Legg Mason205,0060 00For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

7. ELECT DIRECTOR ROBERT (BOB) G. PHILLIPS

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 58 asset managers

The 58 asset managers below reported 48,950,046 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: 48,950,046
Largest asset managers voting on “ELECT DIRECTOR ROBERT (BOB) G. PHILLIPS” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group14,369,9510 00For
Vanguard5,958,1360 00For
Fidelity4,986,5330 00For
Thornburg3,244,5170 00For
T. Rowe Price2,843,3230 00For
Global X2,207,7990 00For
Dimensional1,649,2520 00For
Cohen & Steers1,578,5400 00For
Two Roads Shared Trust1,074,3970 00For
John Hancock957,5080 00For
New York Life860,8840 00For
Ultimus Managers Trust855,2500 00For
Invesco817,7520 00For
BlackRock811,8990 00For
American Century806,8270 00For
Tortoise Capital Series Trust762,9740 00For
Prudential/PGIM628,8970 00For
USCF ETF Trust580,6810 00For
Brookfield Investment Funds517,1710 00For
ALPS ETF Trust509,0910 00For
Bridge Builder Trust442,6980 00For
Charles Schwab433,2830 00For
Principal370,4770 00For
State Street353,4980 00For
Legg Mason205,0060 00For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

8. ELECT DIRECTOR SHANNON RYHORCHUK

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 58 asset managers

The 58 asset managers below reported 48,950,046 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: 48,950,046
Largest asset managers voting on “ELECT DIRECTOR SHANNON RYHORCHUK” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group14,369,9510 00For
Vanguard5,958,1360 00For
Fidelity4,986,5330 00For
Thornburg3,244,5170 00For
T. Rowe Price2,843,3230 00For
Global X2,207,7990 00For
Dimensional1,649,2520 00For
Cohen & Steers1,578,5400 00For
Two Roads Shared Trust1,074,3970 00For
John Hancock957,5080 00For
New York Life860,8840 00For
Ultimus Managers Trust855,2500 00For
Invesco817,7520 00For
BlackRock811,8990 00For
American Century806,8270 00For
Tortoise Capital Series Trust762,9740 00For
Prudential/PGIM628,8970 00For
USCF ETF Trust580,6810 00For
Brookfield Investment Funds517,1710 00For
ALPS ETF Trust509,0910 00For
Bridge Builder Trust442,6980 00For
Charles Schwab433,2830 00For
Principal370,4770 00For
State Street353,4980 00For
Legg Mason205,0060 00For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

9. ELECT DIRECTOR SONYA REED

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 58 asset managers

The 58 asset managers below reported 48,950,046 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: 48,950,046
Largest asset managers voting on “ELECT DIRECTOR SONYA REED” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group14,369,9510 00For
Vanguard5,958,1360 00For
Fidelity4,986,5330 00For
Thornburg3,244,5170 00For
T. Rowe Price2,843,3230 00For
Global X2,207,7990 00For
Dimensional1,649,2520 00For
Cohen & Steers1,578,5400 00For
Two Roads Shared Trust1,074,3970 00For
John Hancock957,5080 00For
New York Life860,8840 00For
Ultimus Managers Trust855,2500 00For
Invesco817,7520 00For
BlackRock811,8990 00For
American Century806,8270 00For
Tortoise Capital Series Trust762,9740 00For
Prudential/PGIM628,8970 00For
USCF ETF Trust580,6810 00For
Brookfield Investment Funds517,1710 00For
ALPS ETF Trust509,0910 00For
Bridge Builder Trust442,6980 00For
Charles Schwab433,2830 00For
Principal370,4770 00For
State Street353,4980 00For
Legg Mason205,0060 00For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

10. ELECT DIRECTOR DON WISHART

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.6% of fund votes cast · no official result

FOR
Details: votes by 54 asset managers

The 54 asset managers below reported 45,473,899 for, 181,635 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: 45,473,899AGAINST: 181,635
Largest asset managers voting on “ELECT DIRECTOR DON WISHART” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group14,369,9510 00For
Vanguard5,958,1360 00For
Fidelity4,986,5330 00For
Thornburg3,244,5170 00For
T. Rowe Price2,843,3230 00For
Dimensional1,649,2520 00For
Cohen & Steers1,578,5400 00For
Two Roads Shared Trust1,074,3970 00For
John Hancock957,5080 00For
New York Life860,8840 00For
Ultimus Managers Trust855,2500 00For
Invesco817,7520 00For
BlackRock811,8990 00For
American Century806,8270 00For
Tortoise Capital Series Trust581,339181,635 00Mixed
USCF ETF Trust580,6810 00For
Brookfield Investment Funds517,1710 00For
ALPS ETF Trust509,0910 00For
Bridge Builder Trust442,6980 00For
Principal370,4770 00For
State Street353,4980 00For
Legg Mason205,0060 00For
ALPS Variable Investment Trust173,2680 00For
TIAA155,6220 00For
Northern Trust111,8990 00For

Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.

11. ELECT DIRECTOR HAL KVISLE

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.2% of fund votes cast · no official result

FOR
Details: votes by 54 asset managers

The 54 asset managers below reported 45,302,036 for, 353,498 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: 45,302,036AGAINST: 353,498
Largest asset managers voting on “ELECT DIRECTOR HAL KVISLE” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group14,369,9510 00For
Vanguard5,958,1360 00For
Fidelity4,986,5330 00For
Thornburg3,244,5170 00For
T. Rowe Price2,843,3230 00For
Dimensional1,649,2520 00For
Cohen & Steers1,578,5400 00For
Two Roads Shared Trust1,074,3970 00For
John Hancock957,5080 00For
New York Life860,8840 00For
Ultimus Managers Trust855,2500 00For
Invesco817,7520 00For
BlackRock811,8990 00For
American Century806,8270 00For
Tortoise Capital Series Trust762,9740 00For
USCF ETF Trust580,6810 00For
Brookfield Investment Funds517,1710 00For
ALPS ETF Trust509,0910 00For
Bridge Builder Trust442,6980 00For
Principal370,4770 00For
State Street0353,498 00Against
Legg Mason205,0060 00For
ALPS Variable Investment Trust173,2680 00For
TIAA155,6220 00For
Northern Trust111,8990 00For

Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.

12. Elect Donald M. Wishart

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 5 asset managers

The 5 asset managers below reported 3,294,512 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: 3,294,512
Largest asset managers voting on “Elect Donald M. Wishart” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Global X2,207,7990 00For
Prudential/PGIM546,4140 00For
Charles Schwab433,2830 00For
VanEck ETF Trust93,1070 00For
Russell Investments13,9090 00For

13. Elect Harold N. Kvisle

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 5 asset managers

The 5 asset managers below reported 3,294,512 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: 3,294,512
Largest asset managers voting on “Elect Harold N. Kvisle” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Global X2,207,7990 00For
Prudential/PGIM546,4140 00For
Charles Schwab433,2830 00For
VanEck ETF Trust93,1070 00For
Russell Investments13,9090 00For

14. Director Elections

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 2 asset managers

The 2 asset managers below reported 52 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: 52
Largest asset managers voting on “Director Elections” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Ballew Advisors, Inc430 00For
Members Trust Co90 00For

15. Election of Directors (Majority Voting)

No official resultsDIRECTOR ELECTIONS

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% of fund votes cast · no official result

FOR
Details: votes by 2 asset managers

The 2 asset managers below reported this as one line covering every nominee; it is not attributed to any one director, and no share total is shown for it.

Largest asset managers voting on “Election of Directors (Majority Voting)” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
ESL Trust Services, LLC1000 00For
McGowan Group Asset Management, Inc.530 00For

16. Accept the Company's approach to executive compensation, as set forth in the Circular.

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

Combines 6 wordings of this item as funds reported it.

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

FOR
Details: votes by 195 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: 11 asset managers voting on “Accept the Company's approach to executive compensation, as set forth in the Circular.” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Two Roads Shared Trust1,074,3970 00For
John Hancock940,0000 00For
Ultimus Managers Trust847,8430 00For
Tortoise Capital Series Trust762,9740 00For
Brookfield Investment Funds517,1710 00For
BlackRock120,4100 00For
Amplify ETF Trust29,7540 00For
Pacer Funds Trust8,0410 00For
Jackson National7,0330 00For
RBB FUND, INC.6440 00For
Gabelli1800 00For

Fund voting reports, all 11 managers: 4,308,447 for.

Institutional-manager reports: 184 asset managers voting on “Accept the Company's approach to executive compensation, as set forth in the Circular.” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock4,827,8110 00For
SCOTIA CAPITAL INC.1,830,6050 00For
PORTLAND INVESTMENT COUNSEL INC.970,0610 00For
TORTOISE CAPITAL ADVISORS, L.L.C.790,4910 00For
1832 Asset Management L.P.162,4710 00For
Northern Trust134,5490 00For
ENVESTNET ASSET MANAGEMENT INC81,1360 00For
NATIONAL BANK INVESTMENTS INC.59,5850 00For
RAYMOND JAMES & ASSOCIATES46,9660 00For
OPPENHEIMER & CO INC37,8200 00For
Edward D. Jones & Co., L.P.24,3460 00For
SILVERCREST ASSET MANAGEMENT GROUP LLC23,4210 00For
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC15,7770 00For
National Bank Financial Inc.00 00--
apricus wealth, LLC15,1800 00For
DIVIDEND ASSETS CAPITAL, LLC13,5550 00For
LPL Financial LLC12,7580 00For
WELLS FARGO CLEARING SERVICES, LLC11,4860 00For
BAROMETER CAPITAL MANAGEMENT INC.11,1000 00For
Fiera Capital Corp10,7920 00For
PNC BANK, NATIONAL ASSOCIATION6,3120 00For
CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT5,5000 00For
US BANK NATIONAL ASSOCIATION5,0800 00For
O'SHAUGHNESSY ASSET MANAGEMENT, LLC4,1110 00For
PINNACLE ASSOCIATES LTD04,100 00Against

Institutional-manager reports, all 184 managers: 9,167,997 for, 4,220 against, 140 withheld, 15,372 mixed. Showing the 25 largest; see all in the interactive database.

17. Advisory Vote on Executive Compensation Approach

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

99.6% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 52 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: 39 asset managers voting on “Advisory Vote on Executive Compensation Approach” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group14,369,9510 00For
Vanguard5,958,1360 00For
Fidelity4,986,5330 00For
Thornburg3,244,5170 00For
T. Rowe Price2,843,3230 00For
Dimensional1,649,2520 00For
Cohen & Steers1,578,5400 00For
New York Life860,8840 00For
Invesco817,7520 00For
American Century806,8270 00For
BlackRock691,4890 00For
USCF ETF Trust580,6810 00For
ALPS ETF Trust509,0910 00For
Bridge Builder Trust442,6980 00For
Principal370,4770 00For
State Street353,4980 00For
Legg Mason205,0060 00For
ALPS Variable Investment Trust173,2680 00For
TIAA155,6220 00For
Northern Trust111,8990 00For
RBB FUND, INC.109,3010 00For
INTERNATIONAL GROWTH & INCOME FUND97,1120 00For
Empower93,2950 00For
Prudential/PGIM82,4830 00For
Northwestern Mutual73,1780 00For

Fund voting reports, all 39 managers: 41,317,431 for. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 13 asset managers voting on “Advisory Vote on Executive Compensation Approach” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
MILLER HOWARD INVESTMENTS INC /NY580,7570 00For
JPMorgan418,3210 00For
Ausbil Investment Management Ltd220,0440 00For
NORDEA INVESTMENT MANAGEMENT AB0151,862 00Against
Triasima Portfolio Management inc.53,5600 00For
BlackRock11,3330 00For
Purpose Unlimited Inc.7,9660 00For
CIDEL ASSET MANAGEMENT INC7,5100 00For
Qtron Investments LLC1,8080 00For
Wilshire Advisors LLC490 00For
US BANK NATIONAL ASSOCIATION420 00For
SHELTON CAPITAL MANAGEMENT350 00For
Keel Point, LLC230 00For

Institutional-manager reports, all 13 managers: 1,301,448 for, 151,862 against.

18. Advisory Vote to Ratify Named Executive Officers' Compensation

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

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

FOR
Details: votes by 10 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: 5 asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Global X2,207,7990 00For
Prudential/PGIM546,4140 00For
Charles Schwab433,2830 00For
VanEck ETF Trust93,1070 00For
Russell Investments13,9090 00For

Fund voting reports, all 5 managers: 3,294,512 for.

Institutional-manager reports: 5 asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
TD Waterhouse Canada Inc.1,956,7560 00For
Financiere des Professionnels - Fonds d'investissement inc.24,3000 00For
Purpose Unlimited Inc.8,0640 00For
Canopy Partners, LLC2250 00For
LOUISBOURG INVESTMENTS INC.1230 00For

Institutional-manager reports, all 5 managers: 1,989,468 for.

19. Advisory Vote on Executive Compensation - Accept the Companys approach to executive compensation, as set forth in the…

No official resultsSECTION 14A SAY-ON-PAY VOTES

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 8 asset managers

Description as filed by funds: Advisory Vote on Executive Compensation - Accept the Companys approach to executive compensation, as set forth in the Circular.

The 8 asset managers below reported 5,980 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 5,980
Largest asset managers voting on “Advisory Vote on Executive Compensation - Accept the Companys approach to executive compensation, as set forth” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Argent Trust Co4,2300 00For
STOCK YARDS BANK & TRUST CO7340 00For
Midwest Trust Co3810 00For
TCV Trust & Wealth Management, Inc.3000 00For
First Citizens Financial Corp1600 00For
Somerset Trust Co800 00For
First County Bank /CT/510 00For
Trust Point Inc.440 00For

20. 14A Executive Compensation

No official resultsSECTION 14A SAY-ON-PAY VOTES

100% of fund votes cast · no official result

FOR
Details: votes by 7 asset managers

The 7 asset managers below reported 6,022 for, 440 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: 6,022ABSTAIN: 440
Largest asset managers voting on “14A Executive Compensation” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
K.J. Harrison & Partners Inc4,9500 00For
Claret Asset Management Corp7880 00For
LEAVELL INVESTMENT MANAGEMENT, INC.00 4400Abstain
ESL Trust Services, LLC1000 00For
Baker Avenue Asset Management, LP880 00For
McGowan Group Asset Management, Inc.530 00For
Ballew Advisors, Inc430 00For

21. Say on Pay

No official resultsSECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 4 asset managers

The 4 asset managers below reported 1,175,762 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: 1,175,762
Largest asset managers voting on “Say on Pay” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Recurrent Investment Advisors LLC1,161,5510 00For
CHELSEA COUNSEL CO8,6300 00For
Arista Wealth Management, LLC5,2400 00For
Genus Capital Management Inc.3410 00For

22. APPROVE KPMG LLP AS AUDITORS AND AUTHORIZE BOARD TO FIX THEIR REMUNERATION

No official resultsAUDIT-RELATEDCOMPENSATION

100% of fund votes cast · no official result

FOR
Details: votes by 43 asset managers

The 43 asset managers below reported 41,324,280 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: 41,324,280
Largest asset managers voting on “APPROVE KPMG LLP AS AUDITORS AND AUTHORIZE BOARD TO FIX THEIR REMUNERATION” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group14,369,9510 00For
Vanguard5,958,1360 00For
Fidelity4,986,5330 00For
Thornburg3,244,5170 00For
T. Rowe Price2,843,3230 00For
Dimensional1,649,2520 00For
Cohen & Steers1,578,5400 00For
New York Life860,8840 00For
Invesco817,7520 00For
American Century806,8270 00For
BlackRock691,4890 00For
USCF ETF Trust580,6810 00For
ALPS ETF Trust509,0910 00For
Bridge Builder Trust442,6980 00For
Principal370,4770 00For
State Street353,4980 00For
Legg Mason205,0060 00For
ALPS Variable Investment Trust173,2680 00For
TIAA155,6220 00For
Northern Trust111,8990 00For
RBB FUND, INC.109,3010 00For
INTERNATIONAL GROWTH & INCOME FUND97,1120 00For
Empower93,2950 00For
Prudential/PGIM82,4830 00For
Northwestern Mutual73,1780 00For

Showing the 25 largest of 43 asset managers. See all 43 in the interactive database.

23. APPOINT KPMG LLP, AS AUDITOR OF THE COMPANY FOR THE ENSUING YEAR AT A REMUNERATION TO BE FIXED BY THE DIRECTORS.

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 14 asset managers

The 14 asset managers below reported 4,331,254 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 4,331,254
Largest asset managers voting on “APPOINT KPMG LLP, AS AUDITOR OF THE COMPANY FOR THE ENSUING YEAR AT A REMUNERATION TO BE FIXED BY THE DIRECTOR” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Two Roads Shared Trust1,074,3970 00For
John Hancock940,0000 00For
Ultimus Managers Trust855,2500 00For
Tortoise Capital Series Trust762,9740 00For
Brookfield Investment Funds517,1710 00For
BlackRock120,4100 00For
Amplify ETF Trust29,7540 00For
apricus wealth, LLC15,1800 00For
Pacer Funds Trust8,0410 00For
Jackson National7,0330 00For
RBB FUND, INC.5840 00For
Legacy Capital Wealth Partners, LLC2780 00For
Gabelli1800 00For
Crewe Advisors LLC20 00For

24. Appointment of Auditor and Authority to Set Fees

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 5 asset managers

The 5 asset managers below reported 3,294,512 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: 3,294,512
Largest asset managers voting on “Appointment of Auditor and Authority to Set Fees” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Global X2,207,7990 00For
Prudential/PGIM546,4140 00For
Charles Schwab433,2830 00For
VanEck ETF Trust93,1070 00For
Russell Investments13,9090 00For

25. Ratify Appointment of Independent Auditors

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 2 asset managers

The 2 asset managers below reported 153 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: 153
Largest asset managers voting on “Ratify Appointment of Independent Auditors” at South Bow Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
ESL Trust Services, LLC1000 00For
McGowan Group Asset Management, Inc.530 00For

Largest South Bow Corporation shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 208,250,512 shares outstanding at the time of that meeting.

Fund voting reports: top South Bow Corporation shareholders by shares voted on “ELECT DIRECTOR BEVIN WIRZBA”, 2025-2026
#Asset manager % of shares outstanding
1Capital Group 6.90%
2Vanguard 2.86%
3Fidelity 2.39%
4Thornburg 1.56%
5T. Rowe Price 1.37%
6Global X 1.06%
7Dimensional 0.79%
8Cohen & Steers 0.76%
9Two Roads Shared Trust 0.52%
10John Hancock 0.46%
Institutional-manager reports: top South Bow Corporation shareholders by shares voted on “Accept the Company's approach to executive compensation, as set forth in the Circular.”, 2025-2026
#Asset manager % of shares outstanding
1BlackRock 2.32%
2SCOTIA CAPITAL INC. 0.88%
3PORTLAND INVESTMENT COUNSEL INC. 0.47%
4TORTOISE CAPITAL ADVISORS, L.L.C. 0.38%
51832 Asset Management L.P. 0.08%
6Northern Trust 0.06%
7ENVESTNET ASSET MANAGEMENT INC 0.04%
8NATIONAL BANK INVESTMENTS INC. 0.03%
9RAYMOND JAMES & ASSOCIATES 0.02%
10OPPENHEIMER & CO INC 0.02%

Reported South Bow Corporation holdings and ownership

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

South Bow Corporation holdings and ownership disclosed for the 2025-2026 proxy season
Holder % outstanding Disclosure
FMR (Fidelity) 4.64% 13F
Vanguard Group 4.16% 13F
T. Rowe Price 2.51% 13F
Dimensional Fund Advisors 1.40% 13F
Invesco 0.73% 13F
Morgan Stanley 0.73% 13F
Goldman Sachs 0.68% 13F
Two Sigma 0.67% 13F
Geode Capital 0.42% 13F

Percentages above are of 208,250,512 shares outstanding, as reported by South Bow Corporation on its Form 40-F dated December 31, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from South Bow Corporation’s 40-F dated December 31, 2025. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.

At South Bow Corporation's shareholder meeting held May 7, 2026, in the 2025-2026 proxy season, 269 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,918 separate fund positions. Their filings are grouped here into 25 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 — Accept the Company's approach to executive compensation, as set forth in the Circular. — the reporting funds and managers cast 99.9% 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.

South Bow Corporation proxy season coverage: 2024-2025 · 2025-2026 (this page).

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