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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
Hindustan Aeronautics Ltd. August 28, 2025 Elect Barenya Senapati as Director (Finance) Director Elections Board AGAINST 1
Hindustan Aeronautics Ltd. August 28, 2025 Elect M G Balasubrahmanya as Director (Human Resources) Director Elections Board AGAINST 1
Hindustan Aeronautics Ltd. August 28, 2025 Elect Manisha Chandra as Part-time Official Director (Government Nominee Director) Director Elections Board AGAINST 1
Hindustan Aeronautics Ltd. August 28, 2025 Elect Rajalakshmi Menon as Director Director Elections Board AGAINST 1
Hindustan Aeronautics Ltd. August 28, 2025 Elect Ravi K as Director (Operations) Director Elections Board AGAINST 1
Hindustan Aeronautics Ltd. August 28, 2025 Elect Sorathur Duraisamy Premkumar as Director Director Elections Board AGAINST 1
Huadian Power International Corporation Limited May 28, 2026 Approve Exercise of General Mandate by the Board to Allot, Issue and Deal with Additional Shares Capital Structure Board AGAINST 1
Huadian Power International Corporation Limited May 28, 2026 Elect Huang Kemeng as Director Director Elections Board AGAINST 1
Huadian Power International Corporation Limited May 28, 2026 Elect Wang Yuesheng as Director Director Elections Board AGAINST 1
Huatai Securities Co., Ltd. January 23, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Huatai Securities Co., Ltd. June 26, 2026 Approve Deloitte Touche Tohmatsu Certified Public Accountants LLP as Audit Service Agency and Internal Control Auditor for A Share and Deloitte Touche Tohmatsu as Audit Service Agency for H Share and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Huatai Securities Co., Ltd. June 26, 2026 Approve Grant of General Mandate to the Board to Issue Shares Capital Structure Board AGAINST 1
Huayu Automotive Systems Co., Ltd. June 29, 2026 Approve Appointment of Financial Auditor and Internal Control Auditor Audit-related Board AGAINST 1
Hyundai Mobis Co., Ltd. August 19, 2025 Elect Kim Doh-hyeong as Inside Director Director Elections Board AGAINST 1
Hyundai Mobis Co., Ltd. March 17, 2026 Elect Seong Nak-seop as Inside Director Director Elections Board AGAINST 1
ICICI Bank Limited February 25, 2026 Elect Vijayalakshmi Iyer as Director Director Elections Board AGAINST 1
Iberdrola SA May 29, 2026 Approve Long-Term Incentive Plan Compensation Board AGAINST 1
Indus Towers Limited August 29, 2025 Reelect Harjeet Singh Kohli as Director Director Elections Board AGAINST 1
Industrial Bank of Korea March 26, 2026 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 1
Industrial Bank of Korea March 26, 2026 Authorize Board to Fix Remuneration of Internal Auditor(s) Compensation Board AGAINST 1
Industrivarden AB April 13, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Industrivarden AB April 13, 2026 Reelect Christian Caspar as Director Director Elections Board AGAINST 1
Industrivarden AB April 13, 2026 Reelect Fredrik Lundberg as Board Chair Director Elections Board AGAINST 1
Industrivarden AB April 13, 2026 Reelect Fredrik Lundberg as Director Director Elections Board AGAINST 1
Industrivarden AB April 13, 2026 Reelect Katarina Martinson as Director Director Elections Board AGAINST 1
Industrivarden AB April 13, 2026 Reelect Lars Pettersson as Director Director Elections Board AGAINST 1
Industrivarden AB April 13, 2026 Reelect Par Boman as Director Director Elections Board AGAINST 1
Innovent Biologics, Inc. June 24, 2026 Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Innovent Biologics, Inc. June 24, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Innovent Biologics, Inc. June 24, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
International Container Terminal Services, Inc. April 16, 2026 Approve Cancellation of Remaining Unissued Preferred A Shares after Conversion Capital Structure Board AGAINST 1
International Container Terminal Services, Inc. April 16, 2026 Approve Chief Executive Officer Stock Option Plan (CSOP) Compensation Board AGAINST 1
International Container Terminal Services, Inc. April 16, 2026 Approve Creation of Preferred C Shares and Conversion of Unissued Preferred A Shares to Preferred C Shares Capital Structure Board AGAINST 1
International Container Terminal Services, Inc. April 16, 2026 Approve Decrease of Authorized Capital Stock Capital Structure Board AGAINST 1
International Container Terminal Services, Inc. April 16, 2026 Elect Andres Soriano III as Director Director Elections Board ABSTAIN 1
International Container Terminal Services, Inc. April 16, 2026 Elect Diosdado M. Peralta as Director Director Elections Board ABSTAIN 1
International Container Terminal Services, Inc. April 16, 2026 Elect Jose C. Ibazeta as Director Director Elections Board ABSTAIN 1
International Container Terminal Services, Inc. April 16, 2026 Elect Martin O'Neil as Director Director Elections Board ABSTAIN 1
International Container Terminal Services, Inc. April 16, 2026 Elect Stephen A. Paradies as Director Director Elections Board ABSTAIN 1
JD Health International Inc. June 29, 2026 Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
JD Health International Inc. June 29, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
JD Health International Inc. June 29, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
JD Logistics, Inc. June 29, 2026 Approve Deloitte Touche Tohmatsu as Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
JD Logistics, Inc. June 29, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
JD Logistics, Inc. June 29, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
JX Advanced Metals Corp. June 26, 2026 Elect Director and Audit Committee Member Shiota, Tomo Director Elections Board AGAINST 1
Janus Henderson Group Plc May 29, 2026 Advisory Say-on-Pay Vote on Executive Compensation. Say-on-Pay Board AGAINST 1
Janus Henderson Group Plc May 29, 2026 Approval to Increase the Cap on Aggregate Annual Compensation for Non-Executive Directors Compensation Board AGAINST 1
Jiangsu Hengrui Pharmaceuticals Co., Ltd. April 16, 2026 Approve Ernst & Young Hua Ming LLP as Domestic Auditor and Ernst & Young as International Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Jiangsu Hengrui Pharmaceuticals Co., Ltd. April 16, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Jiangsu Hengrui Pharmaceuticals Co., Ltd. April 16, 2026 Elect Sun Jinyun as Director Director Elections Board AGAINST 1
Jiangsu Hengrui Pharmaceuticals Co., Ltd. April 16, 2026 Elect Zeng Qingsheng as Director Director Elections Board AGAINST 1
Kanzhun Limited June 25, 2026 Approve PricewaterhouseCoopers and PricewaterhouseCoopers Zhong Tian LLP as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Kimberly-Clark de Mexico SAB de CV February 26, 2026 Elect and/or Ratify Antonio Cosio Arino as Director and Antonio Cosio Pando as Alternate Director Director Elections Board AGAINST 1
Kimberly-Clark de Mexico SAB de CV February 26, 2026 Elect and/or Ratify Claudio X. Gonzalez Laporte as Director and Guillermo Gonzalez Guajardo as Alternate Director Director Elections Board AGAINST 1
Kimberly-Clark de Mexico SAB de CV February 26, 2026 Elect and/or Ratify Directors, Alternates, Chair of Audit and Corporate Practices Committee and Board Secretary; Approve their Remunerations; Verify Independence Qualification of Directors Director Elections Board AGAINST 1
Kimberly-Clark de Mexico SAB de CV February 26, 2026 Elect and/or Ratify Emilio Carrillo Gamboa as Director and Claudia Rodriguez Campos as Alternate Director Director Elections Board AGAINST 1
Kimberly-Clark de Mexico SAB de CV February 26, 2026 Elect and/or Ratify Esteban Malpica Fomperosa as Director and Roberto Fernandez del Valle as Alternate Director Director Elections Board AGAINST 1
Kimberly-Clark de Mexico SAB de CV February 26, 2026 Elect and/or Ratify Jorge Ballesteros Franco as Director and Diego Ostos Guerresi as Alternate Director Director Elections Board AGAINST 1
Kimberly-Clark de Mexico SAB de CV February 26, 2026 Elect and/or Ratify Michael Hsu as Director and Daniela Ruiz Massieu Salinas as Alternate Director Director Elections Board AGAINST 1
Kimberly-Clark de Mexico SAB de CV February 26, 2026 Elect and/or Ratify Nelson Urdaneta as Director and Emilio Cadena Rubio as Alternate Director Director Elections Board AGAINST 1
Kimberly-Clark de Mexico SAB de CV February 26, 2026 Elect and/or Ratify Pablo R. Gonzalez Guajardo as Director and Esteban Gonzalez Guajardo as Alternate Director Director Elections Board AGAINST 1
Kimberly-Clark de Mexico SAB de CV February 26, 2026 Elect and/or Ratify Russell Torres as Director and Fernando Ruiz Sahagun as Alternate Director Director Elections Board AGAINST 1
Kimberly-Clark de Mexico SAB de CV February 26, 2026 Elect and/or Ratify Tamera Fenske as Director and Alicia Maria Enciso Cordero as Alternate Director Director Elections Board AGAINST 1
Kimberly-Clark de Mexico SAB de CV February 26, 2026 Elect and/or Ratify Valentin Diez Morodo as Director and Sergio Chagoya Diaz as Alternate Director Director Elections Board AGAINST 1
Knorr-Bremse AG April 30, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Komercni banka as April 23, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Komercni banka as April 23, 2026 Elect Bruno Delas as Supervisory Board Member Director Elections Board AGAINST 1
Komercni banka as April 23, 2026 Elect Cecile Bartenieff as Supervisory Board Member Director Elections Board AGAINST 1
Komercni banka as April 23, 2026 Elect Pierre Villeroy de Galhau as Audit Committee Member Director Elections Board AGAINST 1
Komercni banka as April 23, 2026 Elect Pierre Villeroy de Galhau as Supervisory Board Member Director Elections Board AGAINST 1
Kone Oyj March 5, 2026 Approve Issuance of Shares and Options without Preemptive Rights Capital Structure Board AGAINST 1
Kone Oyj March 5, 2026 Reelect Antti Herlin as Director Director Elections Board AGAINST 1
Kone Oyj March 5, 2026 Reelect Jussi Herlin as Director Director Elections Board AGAINST 1
Kone Oyj March 5, 2026 Reelect Matti Alahuhta as Director Director Elections Board AGAINST 1
Kongsberg Gruppen ASA April 13, 2026 Approve Equity Plan Financing Compensation Board AGAINST 1
Kongsberg Gruppen ASA April 13, 2026 Approve Remuneration Statement Compensation Board AGAINST 1
Korea Investment Holdings Co., Ltd. March 27, 2026 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 1
Kuaishou Technology June 25, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Kuaishou Technology June 25, 2026 Approve PricewaterhouseCoopers as Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Kuaishou Technology June 25, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Kuehne + Nagel International AG May 6, 2026 Approve Remuneration Report (Non-Binding) Compensation Board AGAINST 1
Kuehne + Nagel International AG May 6, 2026 Approve Remuneration of Executive Committee in the Amount of CHF 30 Million Compensation Board AGAINST 1
Kuehne + Nagel International AG May 6, 2026 Reappoint Karl Gernandt as Member of the Compensation Committee Director Elections Board AGAINST 1
Kuehne + Nagel International AG May 6, 2026 Reelect Dominik de Daniel as Director Director Elections Board AGAINST 1
Kuehne + Nagel International AG May 6, 2026 Reelect Karl Gernandt as Director Director Elections Board AGAINST 1
LVMH Moet Hennessy Louis Vuitton SE April 23, 2026 Approve Compensation Report of Corporate Officers Compensation Board AGAINST 1
LVMH Moet Hennessy Louis Vuitton SE April 23, 2026 Approve Compensation of Bernard Arnault, Chairman and CEO Compensation Board AGAINST 1
LVMH Moet Hennessy Louis Vuitton SE April 23, 2026 Approve Remuneration Policy of Chairman and CEO Compensation Board AGAINST 1
LVMH Moet Hennessy Louis Vuitton SE April 23, 2026 Authorize up to 1 Percent of Issued Capital for Use in Restricted Stock Plans Compensation Board AGAINST 1
LVMH Moet Hennessy Louis Vuitton SE April 23, 2026 Authorize up to 1 Percent of Issued Capital for Use in Stock Option Plans Compensation Board AGAINST 1
LVMH Moet Hennessy Louis Vuitton SE April 23, 2026 Reelect Delphine Arnault as Director Director Elections Board AGAINST 1
LVMH Moet Hennessy Louis Vuitton SE April 23, 2026 Reelect Laurent Mignon as Director Director Elections Board AGAINST 1
LVMH Moet Hennessy Louis Vuitton SE April 23, 2026 Reelect Marie-Josee Kravis as Director Director Elections Board AGAINST 1
LVMH Moet Hennessy Louis Vuitton SE April 23, 2026 Reelect Natacha Valla as Director Director Elections Board AGAINST 1
Larsen & Toubro Limited June 5, 2026 Approve Reappointment and Remuneration of R. Shankar Raman as President and Whole-time Director - Finance Compensation Board AGAINST 1
Lazard, Inc. May 21, 2026 Approval of the amendment to the Lazard Inc. 2018 Incentive Compensation Plan. Compensation Board AGAINST 1
Lite-On Technology Corp. May 20, 2026 Amend Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees Extraordinary Transactions Board AGAINST 1
Midea Group Co., Ltd. June 5, 2026 Approve General Mandate to Issue Shares Capital Structure Board AGAINST 1
Midea Group Co., Ltd. June 5, 2026 Approve PricewaterhouseCoopers Zhong Tian LLP (Limited Liability Partnership) as Domestic Audit Firm and PricewaterhouseCoopers as Overseas Audit Firm and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1

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