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FRANKLIN FUND ALLOCATOR SERIES 2025-2026: where it broke with the board

Two kinds of vote are listed: a board-sponsored proposal FRANKLIN FUND ALLOCATOR SERIES 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

688 proposals.

FRANKLIN FUND ALLOCATOR SERIES, 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 recommendedFRANKLIN FUND ALLOCATOR SERIES votedFunds
China Tourism Group Duty Free Corporation Limited June 26, 2026 Elect Wang Yuehao as Director Director Elections Board AGAINST 1
Chugai Pharmaceutical Co., Ltd. March 26, 2026 Elect Director Okuda, Osamu Director Elections Board AGAINST 1
Coal India Ltd. August 28, 2025 Approve Appointment of Achyut Ghatak as Whole-Time Director Compensation Board AGAINST 1
Coal India Ltd. August 28, 2025 Elect Ashish Chatterjee as Director Director Elections Board AGAINST 1
Coal India Ltd. August 28, 2025 Elect Bhojarajan Rajeshchander as Director Director Elections Board AGAINST 1
Coal India Ltd. August 28, 2025 Elect Mamta Palariya as Director Director Elections Board AGAINST 1
Coal India Ltd. August 28, 2025 Elect Punambhai Kalabhai Makwana as Director Director Elections Board AGAINST 1
Coal India Ltd. August 28, 2025 Elect Rupinder Brar as Director Director Elections Board AGAINST 1
Coal India Ltd. August 28, 2025 Elect Satyabrata Panda as Director Director Elections Board AGAINST 1
Coal India Ltd. August 28, 2025 Reelect Vinay Ranjan as Director Director Elections Board AGAINST 1
Coca-Cola Consolidated, Inc. May 12, 2026 Election of the 11 nominees as directors: David M. Katz Director Elections Board WITHHOLD 1
Coca-Cola Consolidated, Inc. May 12, 2026 Election of the 11 nominees as directors: Dennis A. Wicker Director Elections Board WITHHOLD 1
Coca-Cola Consolidated, Inc. May 12, 2026 Election of the 11 nominees as directors: J. Frank Harrison, III Director Elections Board WITHHOLD 1
Coca-Cola Consolidated, Inc. May 12, 2026 Election of the 11 nominees as directors: James H. Morgan Director Elections Board WITHHOLD 1
Coca-Cola Consolidated, Inc. May 12, 2026 Election of the 11 nominees as directors: Morgan H. Everett Director Elections Board WITHHOLD 1
Comcast Corporation June 10, 2026 Advisory vote on executive compensation Say-on-Pay Board AGAINST 1
Comcast Corporation June 10, 2026 Election of Directors: Jeffrey A. Honickman Director Elections Board WITHHOLD 1
Comcast Corporation June 10, 2026 Election of Directors: Kenneth J. Bacon Director Elections Board WITHHOLD 1
Comcast Corporation June 10, 2026 Election of Directors: Madeline S. Bell Director Elections Board WITHHOLD 1
Comcast Corporation June 10, 2026 Election of Directors: Thomas J. Baltimore, Jr. Director Elections Board WITHHOLD 1
Contemporary Amperex Technology Co., Ltd. December 25, 2025 Approve Additional Cap for Provision of Guarantee Capital Structure Board AGAINST 1
Contemporary Amperex Technology Co., Ltd. December 25, 2025 Approve Grant of a General Mandate to the Board to Issue Shares Capital Structure Board AGAINST 1
Contemporary Amperex Technology Co., Ltd. April 3, 2026 Approve Entrusted Wealth Management Plan Extraordinary Transactions Board AGAINST 1
Contemporary Amperex Technology Co., Ltd. April 3, 2026 Approve Estimated Cap for Provision of Guarantee Capital Structure Board AGAINST 1
Contemporary Amperex Technology Co., Ltd. April 3, 2026 Approve Grant of a General Mandate to the Board to Issue Shares Capital Structure Board AGAINST 1
Continental AG April 30, 2026 Reelect Georg Schaeffler to the Supervisory Board Director Elections Board AGAINST 1
Continental AG April 30, 2026 Reelect Sabine Neuss to the Supervisory Board Director Elections Board AGAINST 1
DB Insurance Co., Ltd. March 20, 2026 Elect Jeong Chae-woong as Outside Director Director Elections Board AGAINST 1
DB Insurance Co., Ltd. March 20, 2026 Elect Jeong Chae-woong as a Member of Audit Committee Director Elections Board AGAINST 1
DB Insurance Co., Ltd. March 20, 2026 Elect Kim So-hui as Outside Director to Serve as an Audit Committee Member Director Elections Board AGAINST 1
DB Insurance Co., Ltd. March 20, 2026 Elect Nam Seung-hyeong as Inside Director Director Elections Board AGAINST 1
Danske Bank A/S March 26, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
Dassault Aviation SA May 13, 2026 Approve Compensation Report Compensation Board AGAINST 1
Dassault Aviation SA May 13, 2026 Approve Compensation of Eric Trappier, Chairman and CEO Compensation Board AGAINST 1
Dassault Aviation SA May 13, 2026 Approve Compensation of Loik Segalen, Vice-CEO Compensation Board AGAINST 1
Dassault Aviation SA May 13, 2026 Approve Remuneration Policy of Chairman and CEO Compensation Board AGAINST 1
Dassault Aviation SA May 13, 2026 Approve Remuneration Policy of Vice-CEO Compensation Board AGAINST 1
Dassault Aviation SA May 13, 2026 Authorize Repurchase of Up to 10 Percent of Issued Share Capital Capital Structure Board AGAINST 1
Dassault Aviation SA May 13, 2026 Reelect Henri Proglio as Director Director Elections Board AGAINST 1
Dassault Aviation SA May 13, 2026 Reelect Marie-Helene Habert as Director Director Elections Board AGAINST 1
Dubai Islamic Bank PJSC April 1, 2026 Approve Remuneration of Directors Compensation Board AGAINST 1
Dubai Islamic Bank PJSC April 1, 2026 Elect Board of Directors for the Period 2026 - 2029 Director Elections Board AGAINST 1
ENEOS Holdings, Inc. June 25, 2026 Elect Director and Audit Committee Member Toyoda, Akiko Director Elections Board AGAINST 1
Emaar Development PJSC March 26, 2026 Elect Adnan Abdulfattah as Director Director Elections Board ABSTAIN 1
Emaar Development PJSC March 26, 2026 Elect Ahmed Jawah as Director Director Elections Board ABSTAIN 1
Emaar Development PJSC March 26, 2026 Elect Aishah bin Loutah as Director Director Elections Board ABSTAIN 1
Emaar Development PJSC March 26, 2026 Elect Ali Al Mutawaa as Director Director Elections Board ABSTAIN 1
Emaar Development PJSC March 26, 2026 Elect Ali Ismaeel as Director Director Elections Board ABSTAIN 1
Emaar Development PJSC March 26, 2026 Elect Jamal bin Thaniyah as Director Director Elections Board ABSTAIN 1
Emaar Development PJSC March 26, 2026 Elect Mohammed Al Abbar as Director Director Elections Board ABSTAIN 1
Emaar Development PJSC March 26, 2026 Elect Mohammed Al Muaalim as Director Director Elections Board ABSTAIN 1
Emaar Development PJSC March 26, 2026 Elect Zaynab Al Baloushi as Director Director Elections Board ABSTAIN 1
Emaar Properties PJSC March 25, 2026 Ratify the Appointment of Matar Al Humeeri as Director Director Elections Board AGAINST 1
Evercore Inc. June 10, 2026 Approval of the Fourth Amended and Restated 2016 Evercore Inc. Stock Incentive Plan. Compensation Board AGAINST 1
Expedia Group, Inc. June 17, 2026 Election of Directors: Alexandr Wang Director Elections Board WITHHOLD 1
Expedia Group, Inc. June 17, 2026 Election of Directors: Barry Diller Director Elections Board WITHHOLD 1
Expedia Group, Inc. June 17, 2026 Election of Directors: Dara Khosrowshahi Director Elections Board WITHHOLD 1
F5, Inc. March 12, 2026 Approve the F5, Inc. 2026 Incentive Award Plan. Compensation Board AGAINST 1
Falabella SA March 17, 2026 Elect Directors Director Elections Board AGAINST 1
Ferrari NV April 15, 2026 Reelect John Elkann as Executive Director Director Elections Board AGAINST 1
Ferrari NV April 15, 2026 Reelect Piero Ferrari as Non-Executive Director Director Elections Board AGAINST 1
FinecoBank SpA April 29, 2026 Elect Alberto Marone as Director Director Elections Board AGAINST 1
FinecoBank SpA April 29, 2026 Elect Francesco Signoretti as Director Director Elections Board AGAINST 1
FinecoBank SpA April 29, 2026 Elect Gabriella Scapicchio as Director Director Elections Board AGAINST 1
FinecoBank SpA April 29, 2026 Elect Giuseppe Pisani as Director Director Elections Board AGAINST 1
FinecoBank SpA April 29, 2026 Elect Maria Giovanna Calloni as Director Director Elections Board AGAINST 1
FinecoBank SpA April 29, 2026 Elect Micaela Cristina Capelli as Director Director Elections Board AGAINST 1
FinecoBank SpA April 29, 2026 Elect Stefano Blotto as Director Director Elections Board AGAINST 1
Ford Otomotiv Sanayi AS March 12, 2026 Approve Director Remuneration Compensation Board AGAINST 1
Ford Otomotiv Sanayi AS March 12, 2026 Elect Directors Director Elections Board AGAINST 1
GF Securities Co., Ltd. November 26, 2025 Approve Grant of General Mandate to Issue H Shares to the Board Capital Structure Board AGAINST 1
Great Wall Motor Company Limited April 23, 2026 Approve Plan of Guarantees Capital Structure Board AGAINST 1
Great Wall Motor Company Limited June 26, 2026 Approve Deloitte Touche Tohmatsu Certified Public Accountants LLP as External Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Great Wall Motor Company Limited June 26, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for A Shares and H Shares Capital Structure Board AGAINST 1
Great Wall Motor Company Limited June 26, 2026 Elect Fan Hui as Director and Determine His Remuneration Plan Director Elections Board AGAINST 1
Great Wall Motor Company Limited June 26, 2026 Elect Tom Siulun Chau as Director and Determine His Remuneration Plan Director Elections Board AGAINST 1
Gree Electric Appliances, Inc. of Zhuhai June 30, 2026 Approve Bill Pool Business Capital Structure Board AGAINST 1
Gree Electric Appliances, Inc. of Zhuhai June 30, 2026 Approve Use of Funds for Investment in Financial Products Extraordinary Transactions Board AGAINST 1
Groupe Bruxelles Lambert SA May 7, 2026 Reelect Paul Desmarais, III as Director Director Elections Board AGAINST 1
Gruma SAB de CV April 24, 2026 Approve Allocation of Income and Cash Dividends of MXN 5.76 Per Share Capital Structure Board AGAINST 1
Gruma SAB de CV April 24, 2026 Ratify Alberto Santos Boesch as Director Director Elections Board AGAINST 1
Gruma SAB de CV April 24, 2026 Ratify Carlos Hank Gonzalez as Board Vice-Chair Director Elections Board AGAINST 1
Gruma SAB de CV April 24, 2026 Ratify Everardo Elizondo Almaguer as Director Director Elections Board AGAINST 1
Gruma SAB de CV April 24, 2026 Ratify Gabriel Arturo Carrillo Medina as Director Director Elections Board AGAINST 1
Gruma SAB de CV April 24, 2026 Ratify Homero Huerta Moreno as Director Director Elections Board AGAINST 1
Gruma SAB de CV April 24, 2026 Ratify Juan Antonio Gonzalez Moreno as Board Chair Director Elections Board AGAINST 1
Gruma SAB de CV April 24, 2026 Ratify Laura Dinora Martinez Salinas as Director Director Elections Board AGAINST 1
Gruma SAB de CV April 24, 2026 Ratify Thomas S. Heather Rodriguez as Director Director Elections Board AGAINST 1
H&M Hennes & Mauritz AB May 5, 2026 Approve Remuneration Report Compensation Board AGAINST 1
H&M Hennes & Mauritz AB May 5, 2026 Reelect Christian Sievert as Director Director Elections Board AGAINST 1
H&M Hennes & Mauritz AB May 5, 2026 Reelect Karl-Johan Persson as Board Chair Director Elections Board AGAINST 1
H&M Hennes & Mauritz AB May 5, 2026 Reelect Karl-Johan Persson as Director Director Elections Board AGAINST 1
HDFC Bank Limited May 20, 2026 Amend Employee Stock Incentive Plan 2022 Compensation Board AGAINST 1
Harmony Gold Mining Co. Ltd. November 26, 2025 Approve Implementation Report Compensation Board AGAINST 1
Havells India Ltd. June 19, 2026 Reelect Namrata Kaul as Director Director Elections Board AGAINST 1
Havells India Ltd. June 19, 2026 Reelect Puneet Bhatia as Director Director Elections Board AGAINST 1
Havells India Ltd. June 19, 2026 Reelect Rajesh Kumar Gupta as Director Director Elections Board AGAINST 1
Havells India Ltd. June 19, 2026 Reelect T.V. Mohandas Pai as Director Director Elections Board AGAINST 1
Hindalco Industries Limited August 21, 2025 Reelect Rajashree Birla as Director Director Elections Board AGAINST 1
Hindustan Aeronautics Ltd. August 28, 2025 Elect Ajay Kumar Shrivastava as Director (Engineering and R&D) Director Elections Board AGAINST 1

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Built November 1, 2026 from SEC Form N-PX filings.