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DWS 2025-2026: where it broke with the board

Two kinds of vote are listed: a board-sponsored proposal DWS voted AGAINST or withheld on, and a shareholder proposal it voted FOR, with the board’s recommendation on it where the filings show one. A FOR vote on a proposal the board supported, or took no position on, is listed and labelled, but it is not a vote against the board. One row is one proposal at one meeting; “funds” is how many of the manager’s funds or accounts voted that way.

Everything Only shareholder proposals it backed

6,056 proposals. The board-sponsored half of this list keeps the 6,000 proposals with the most funds behind them; the rest are in the interactive database. Every shareholder proposal it backed is listed in full.

DWS, 2025-2026 proxy season. Who put a proposal on the ballot is taken from the filer’s own N-PX answer (Item 1(h)), or, marked “inferred”, from its category and wording where the filing does not say; see how we count these.
CompanyMeetingProposalCategory On the ballot fromBoard recommendedDWS votedFunds
Addtech AB August 27, 2025 Reelect Henrik Hedelius as Director Director Elections Board AGAINST 6
Addtech AB August 27, 2025 Reelect Malin Nordesjo as Board Chair Director Elections Board AGAINST 6
Addtech AB August 27, 2025 Reelect Malin Nordesjo as Director Director Elections Board AGAINST 6
Addtech AB August 27, 2025 Reelect Ulf Mattsson as Director Director Elections Board AGAINST 6
Anglo American Plc December 9, 2025 Amend Long-Term Incentive Plan Compensation Board AGAINST 6
Anheuser-Busch InBev NV April 29, 2026 Acknowledge Resignation of Heloisa Sicupira as Director and Elect Miguel Patricio as Director Director Elections Board AGAINST 6
Anheuser-Busch InBev NV April 29, 2026 Acknowledge Resignation of Martin J. Barrington as Restricted Share Director and Elect William F. Gifford, Jr. as Restricted Share Director Director Elections Board AGAINST 6
Anheuser-Busch InBev NV April 29, 2026 Acknowledge Resignation of Nitin Nohria as Director and Elect Fabrizio Freda as Director Director Elections Board AGAINST 6
Anheuser-Busch InBev NV April 29, 2026 Acknowledge Resignation of Salvatore Mancuso as Restricted Share Director and Elect Jennifer Hunter as Restricted Share Director Director Elections Board AGAINST 6
Anheuser-Busch InBev NV April 29, 2026 Approve Remuneration Policy Compensation Board AGAINST 6
Anheuser-Busch InBev NV April 29, 2026 Approve Remuneration Report Compensation Board AGAINST 6
Anheuser-Busch InBev NV April 29, 2026 Authorize Repurchase of Up to 20 Percent of Issued Share Capital Capital Structure Board AGAINST 6
Anheuser-Busch InBev NV April 29, 2026 Reelect Alejandro Santo Domingo as Restricted Share Director Director Elections Board AGAINST 6
Ayvens SA May 13, 2026 Approve Compensation of Philippe de Rovira, CEO From Decembre 1, 2025 Compensation Board AGAINST 6
Ayvens SA May 13, 2026 Approve Remuneration Policy of Philippe de Rovira, CEO Compensation Board AGAINST 6
Ayvens SA May 13, 2026 Ratify Appointment of Cecile Bartenieff as Director Director Elections Board AGAINST 6
Ayvens SA May 13, 2026 Reelect Hacina Py as Director Director Elections Board AGAINST 6
Ayvens SA May 13, 2026 Reelect Laura Mather as Director Director Elections Board AGAINST 6
Azrieli Group Ltd. August 7, 2025 Reappoint Deloitte Brightman, Almagor, Zohar & Co. as Auditors Audit-related Board AGAINST 6
Azrieli Group Ltd. August 7, 2025 Reelect Irit Sekler-Pilosof as Director Director Elections Board AGAINST 6
Azrieli Group Ltd. August 7, 2025 Reelect Joseph Shachak as External Director Director Elections Board AGAINST 6
Azrieli Group Ltd. August 7, 2025 Reelect Menachem Einan as Director Director Elections Board AGAINST 6
BAWAG Group AG April 22, 2026 Approve Remuneration Report Compensation Board AGAINST 6
Banco BPM SpA April 16, 2026 Elect Alberto Oliveti as Director Director Elections Board AGAINST 6
Banco BPM SpA April 16, 2026 Elect Cecilia Rossignoli as Director Director Elections Board AGAINST 6
Banco BPM SpA April 16, 2026 Elect Elisa Corghi as Director Director Elections Board AGAINST 6
Banco BPM SpA April 16, 2026 Elect Giorgio Mion as Director Director Elections Board AGAINST 6
Banco BPM SpA April 16, 2026 Elect Manuela Soffientini as Director Director Elections Board AGAINST 6
Banco BPM SpA April 16, 2026 Elect Marco Bragadin as Director Director Elections Board AGAINST 6
Banco BPM SpA April 16, 2026 Elect Maurizio Comoli as Director Director Elections Board AGAINST 6
Banco BPM SpA April 16, 2026 Elect Milena Teresa Motta as Director Director Elections Board AGAINST 6
Banco BPM SpA April 16, 2026 Elect Pietro Grassano as Director Director Elections Board AGAINST 6
Banco BPM SpA April 16, 2026 Elect Savino Casamassima as Director Director Elections Board AGAINST 6
Banco BPM SpA April 16, 2026 Elect Teresa Naddeo as Director Director Elections Board AGAINST 6
Banque Cantonale Vaudoise April 30, 2026 Approve Long-Term Variable Remuneration of Executive Committee in Form of 9,952 Shares Compensation Board AGAINST 6
Baxter International Inc. May 5, 2026 Approval of the Baxter International Inc. Second Amended and Restated 2021 Incentive Plan Compensation Board AGAINST 6
Bio-Techne Corporation October 30, 2025 Approve, on an advisory basis, the compensation of our executive officers. Say-on-Pay Board AGAINST 6
BioMarin Pharmaceutical Inc. June 2, 2026 Election of Directors: Ian T. Clark Director Elections Board AGAINST 6
Bollore SE May 27, 2026 Approve Remuneration Policy of Chairman and CEO Compensation Board AGAINST 6
Bollore SE May 27, 2026 Authorize Repurchase of Up to 9.95 Percent of Issued Share Capital Capital Structure Board AGAINST 6
Bollore SE May 27, 2026 Reelect Bollore Participations SE as Director Director Elections Board AGAINST 6
Bollore SE May 27, 2026 Reelect Cyrille Bollore as Director Director Elections Board AGAINST 6
Bollore SE May 27, 2026 Reelect Marie Bollore as Director Director Elections Board AGAINST 6
CAR Group Limited October 31, 2025 Elect David Wiadrowski as Director Director Elections Board AGAINST 6
CAR Group Limited October 31, 2025 Elect Patrick O'Sullivan as Director Director Elections Board AGAINST 6
CK Infrastructure Holdings Limited May 20, 2026 Approve Deloitte Touche Tohmatsu as Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 6
CSL Limited October 28, 2025 Approve Conditional Board Spill Resolution Compensation Board AGAINST 6
CTS Eventim AG & Co. KGaA May 27, 2026 Approve Remuneration Report Compensation Board AGAINST 6
Charles River Laboratories International, Inc. May 5, 2026 Election of Directors: Abraham Ceesay Director Elections Board AGAINST 6
Coloplast A/S December 4, 2025 Reelect Niels Peter Louis-Hansen as Director Director Elections Board ABSTAIN 6
Continental AG April 30, 2026 Reelect Georg Schaeffler to the Supervisory Board Director Elections Board AGAINST 6
Continental AG April 30, 2026 Reelect Sabine Neuss to the Supervisory Board Director Elections Board AGAINST 6
Corpay, Inc. May 7, 2026 Elect Directors nominated by the Board of Directors for a one-year term: Annabelle Bexiga Director Elections Board AGAINST 6
Corpay, Inc. May 7, 2026 Elect Directors nominated by the Board of Directors for a one-year term: Hala G. Moddelmog Director Elections Board AGAINST 6
Corpay, Inc. May 7, 2026 Elect Directors nominated by the Board of Directors for a one-year term: Joseph W. Farrelly Director Elections Board AGAINST 6
Corpay, Inc. May 7, 2026 Elect Directors nominated by the Board of Directors for a one-year term: Steven T. Stull Director Elections Board AGAINST 6
Corpay, Inc. May 7, 2026 Elect Directors nominated by the Board of Directors for a one-year term: Thomas M. Hagerty Director Elections Board AGAINST 6
D'Ieteren Group May 28, 2026 Approve Changes to the Remuneration Policy Compensation Board AGAINST 6
D'Ieteren Group May 28, 2026 Approve Remuneration Report Compensation Board AGAINST 6
D'Ieteren Group May 28, 2026 Approve Remuneration of the Vice-Chairman of the Board of Directors Compensation Board AGAINST 6
D'Ieteren Group May 28, 2026 Ratify KPMG, Represented by Gregory Gonzalez and Tanguy Legein, as Auditors of the Company and for Sustainability Reporting and Approve Auditors' Remuneration Audit-related Board AGAINST 6
Daiichi Life Group, Inc. June 22, 2026 Elect Director Inagaki, Seiji Director Elections Board AGAINST 6
Daiichi Life Group, Inc. June 22, 2026 Elect Director Kikuta, Tetsuya Director Elections Board AGAINST 6
Daiichi Life Group, Inc. June 22, 2026 Elect Director Sumino, Toshiaki Director Elections Board AGAINST 6
Davide Campari-Milano NV April 16, 2026 Approve Remuneration Report Compensation Board AGAINST 6
Davide Campari-Milano NV April 16, 2026 Authorize Board to Repurchase Shares Capital Structure Board AGAINST 6
Davide Campari-Milano NV April 16, 2026 Elect Alessandro Garavoglia as Non-Executive Director Director Elections Board AGAINST 6
Davide Campari-Milano NV April 16, 2026 Elect Jacopo Forloni as Non-Executive Director Director Elections Board AGAINST 6
Davide Campari-Milano NV April 16, 2026 Elect Jean-Marie Laborde as Executive Director Director Elections Board AGAINST 6
Deutsche Bank AG May 28, 2026 Appoint EY GmbH & Co. KG as Auditor for Sustainability Reporting for Fiscal Year 2026 Audit-related Board ABSTAIN 6
Deutsche Bank AG May 28, 2026 Approve Allocation of Income and Dividends of EUR 1.00 per Share Capital Structure Board ABSTAIN 6
Deutsche Bank AG May 28, 2026 Approve Remuneration Report Compensation Board ABSTAIN 6
Deutsche Bank AG May 28, 2026 Approve Supervisory Board Remuneration Policy Compensation Board ABSTAIN 6
Deutsche Bank AG May 28, 2026 Authorize Share Repurchase Program and Reissuance or Cancellation of Repurchased Shares Capital Structure Board ABSTAIN 6
Deutsche Bank AG May 28, 2026 Authorize Use of Financial Derivatives when Repurchasing Shares Capital Structure Board ABSTAIN 6
Deutsche Bank AG May 28, 2026 Elect Carsten Oswald Knobel to the Supervisory Board Director Elections Board ABSTAIN 6
Deutsche Bank AG May 28, 2026 Ratify EY GmbH & Co. KG as Auditors for Fiscal Year 2026 Audit-related Board ABSTAIN 6
Deutsche Bank AG May 28, 2026 Reelect Alexander Wynaendts to the Supervisory Board Director Elections Board ABSTAIN 6
Deutsche Bank AG May 28, 2026 Reelect Yngve Slyngstad to the Supervisory Board Director Elections Board ABSTAIN 6
Dow Inc. April 9, 2026 Approval of the Amendment to the 2019 Stock Incentive Plan Compensation Board AGAINST 6
EPAM Systems, Inc. May 21, 2026 To approve, on an advisory and non-binding basis, the compensation for our named executive officers as disclosed in this Proxy Statement. Say-on-Pay Board AGAINST 6
EXOR NV May 20, 2026 Approve Remuneration Report Compensation Board AGAINST 6
EXOR NV May 20, 2026 Authorize Board to Exclude Preemptive Rights from Share Issuances Capital Structure Board AGAINST 6
EXOR NV May 20, 2026 Elect Benedetto della Chiesa as Non-Executive Director Director Elections Board AGAINST 6
EXOR NV May 20, 2026 Grant Board Authority to Issue Shares Capital Structure Board AGAINST 6
Ferrari NV April 15, 2026 Reelect John Elkann as Executive Director Director Elections Board AGAINST 6
Ferrari NV April 15, 2026 Reelect Piero Ferrari as Non-Executive Director Director Elections Board AGAINST 6
Financiere de Tubize SA April 24, 2026 Elect Corisatis SRL, Represented by Cynthia Favre d'Echallens, as Director Director Elections Board AGAINST 6
Financiere de Tubize SA April 24, 2026 Elect Heygieia Consulting BV, Represented by Stef Heylen, as Director Director Elections Board AGAINST 6
Financiere de Tubize SA April 24, 2026 Reelect Eric Cornut as Director Director Elections Board AGAINST 6
Fortescue Ltd. October 31, 2025 Approve Grant of Performance Rights to Dino Otranto Compensation Board AGAINST 6
Fortescue Ltd. October 31, 2025 Approve Issuance of Performance Rights to Agustin Pichot Compensation Board AGAINST 6
Galderma Group AG April 22, 2026 Approve Remuneration Report (Non-Binding) Compensation Board AGAINST 6
Galderma Group AG April 22, 2026 Approve Remuneration of Executive Committee in the Amount of CHF 31.2 Million Compensation Board AGAINST 6
Genmab A/S March 19, 2026 Approve Remuneration of Directors in the Amount of DKK 1.2 Million for Chair, DKK 900,000 for Vice Chair, and DKK 600,000 for Other Directors; Approve Remuneration for Committee Work Compensation Board AGAINST 6
Groupe Bruxelles Lambert SA May 7, 2026 Reelect Paul Desmarais, III as Director Director Elections Board AGAINST 6
Grupo Aeroportuario del Pacifico SAB de CV April 22, 2026 Ratify and/or Elect Alejandra Yazmin Soto Ayech as Director of Series B Shareholders Director Elections Board AGAINST 6
Grupo Aeroportuario del Pacifico SAB de CV April 22, 2026 Ratify and/or Elect Angel Losada Moreno as Director of Series B Shareholders Director Elections Board AGAINST 6
Grupo Aeroportuario del Pacifico SAB de CV April 22, 2026 Ratify and/or Elect Board Chair Director Elections Board AGAINST 6
Grupo Aeroportuario del Pacifico SAB de CV April 22, 2026 Ratify and/or Elect Carlos Cardenas Guzman as Director of Series B Shareholders Director Elections Board AGAINST 6

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Built November 7, 2026 from SEC Form N-PX filings.