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Franklin Templeton 2025-2026: where it broke with the board

5,400 proposals in the 2025-2026 proxy season: Franklin Templeton voted against, or withheld its votes from, 5,371 proposals put forward by company boards, and voted for 29 shareholder proposals, by its own Form N-PX filings.

Two kinds of vote are listed: a board-sponsored proposal Franklin Templeton 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

5,400 proposals.

Franklin Templeton, 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 Templeton votedFunds
Baoshan Iron & Steel Co., Ltd. May 21, 2026 Approve to Formulate Director Performance Evaluation and Remuneration Management Measures Compensation Board AGAINST 3
Bechtle AG June 17, 2026 Approve Remuneration Report Compensation Board AGAINST 3
Beiersdorf AG April 23, 2026 Approve Remuneration Report Compensation Board AGAINST 3
Beijing Enterprises Holdings Limited May 28, 2026 Approve Deloitte Touche Tohmatsu as Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 3
Beijing Enterprises Holdings Limited May 28, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
Beijing Enterprises Water Group Limited May 27, 2026 Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 3
Beijing Enterprises Water Group Limited May 27, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
Beijing Enterprises Water Group Limited May 27, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
Bentley Systems, Incorporated May 21, 2026 Election of Directors: Barry J. Bentley Director Elections Board WITHHOLD 3
Bentley Systems, Incorporated May 21, 2026 Election of Directors: Brian F. Hughes Director Elections Board WITHHOLD 3
Bentley Systems, Incorporated May 21, 2026 Election of Directors: Gregory S. Bentley Director Elections Board WITHHOLD 3
Bentley Systems, Incorporated May 21, 2026 Election of Directors: Janet B. Haugen Director Elections Board WITHHOLD 3
Bentley Systems, Incorporated May 21, 2026 Election of Directors: Keith A. Bentley Director Elections Board WITHHOLD 3
Bentley Systems, Incorporated May 21, 2026 Election of Directors: Kirk B. Griswold Director Elections Board WITHHOLD 3
Bentley Systems, Incorporated May 21, 2026 Election of Directors: Nicholas H. Cumins Director Elections Board WITHHOLD 3
Bentley Systems, Incorporated May 21, 2026 Election of Directors: Raymond B. Bentley Director Elections Board WITHHOLD 3
Bharat Petroleum Corporation Limited August 25, 2025 Elect Asheesh Joshi as Director Director Elections Board AGAINST 3
Bharat Petroleum Corporation Limited August 25, 2025 Elect Bhagwati Prasad Saraswat as Director Director Elections Board AGAINST 3
Bharat Petroleum Corporation Limited August 25, 2025 Elect Gopal Krishan Agarwal as Director Director Elections Board AGAINST 3
Bharat Petroleum Corporation Limited August 25, 2025 Elect Subhankar Sen as Director Director Elections Board AGAINST 3
Bharat Petroleum Corporation Limited August 25, 2025 Reelect Rajkumar Dubey as Director Director Elections Board AGAINST 3
Biwin Storage Technology Co., Ltd. May 28, 2026 Approve Increase in Provision of Guarantee Capital Structure Board AGAINST 3
Bosideng International Holdings Limited August 20, 2025 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
Bosideng International Holdings Limited August 20, 2025 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
Bosideng International Holdings Limited August 20, 2025 Elect Dong Binggen as Director Director Elections Board AGAINST 3
Bouygues SA April 23, 2026 Approve Compensation of Pascal Grange, Vice-CEO Compensation Board AGAINST 3
Bouygues SA April 23, 2026 Approve Remuneration Policy of CEO and Vice-CEOs Compensation Board AGAINST 3
Bouygues SA April 23, 2026 Authorize Repurchase of Up to 5 Percent of Issued Share Capital Capital Structure Board AGAINST 3
Brenntag SE May 20, 2026 Approve Remuneration Policy Compensation Board AGAINST 3
Brenntag SE May 20, 2026 Approve Remuneration Report Compensation Board AGAINST 3
Bridgestone Corp. March 24, 2026 Elect Director Masuda, Kenichi Director Elections Board AGAINST 3
Bridgestone Corp. March 24, 2026 Elect Director Scott Trevor Davis Director Elections Board AGAINST 3
Britannia Industries Limited March 14, 2026 Approve Appointment and Remuneration of Rakshit Hargave as Chief Executive Officer and Managing Director Compensation Board AGAINST 3
Budweiser Brewing Company APAC Limited May 14, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
Budweiser Brewing Company APAC Limited May 14, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
C&D International Investment Group Limited May 27, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
C&D International Investment Group Limited May 27, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
CITIC Limited June 26, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
CK Hutchison Holdings Limited May 21, 2026 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 3
COSCO SHIPPING Ports Limited May 22, 2026 Approve BDO Limited as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 3
COSCO SHIPPING Ports Limited May 22, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
COSCO SHIPPING Ports Limited May 22, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
CPFL Energia SA April 29, 2026 Approve Remuneration of Company's Management and Fiscal Council Compensation Board AGAINST 3
CPFL Energia SA April 29, 2026 Elect Mingming Chen as Fiscal Council Member and Li Ruijuan as Alternate Compensation Board ABSTAIN 3
CPFL Energia SA April 29, 2026 Elect Vinicius Nishioka as Fiscal Council Member and Luiz Claudio Gomes do Nascimento as Alternate Compensation Board ABSTAIN 3
CPFL Energia SA April 29, 2026 Ratify Peng Sun and Zhonghua Wei as Directors Director Elections Board AGAINST 3
CSN Mineracao SA April 16, 2026 Approve Remuneration of Company's Management Compensation Board AGAINST 3
CSN Mineracao SA April 16, 2026 Elect Victoria Steinbruch as Director Director Elections Board AGAINST 3
CTBC Financial Holding Co., Ltd. June 12, 2026 Approve Issuance of Restricted Stocks Compensation Board AGAINST 3
CTP NV May 20, 2026 Authorize Board to Exclude Preemptive Rights from Share Issuances Capital Structure Board AGAINST 3
CTP NV May 20, 2026 Grant Board Authority to Issue Shares Capital Structure Board AGAINST 3
Caixa Seguridade Participacoes SA April 28, 2026 Ratify Luiz Francisco Monteiro De Barros Neto as Director Director Elections Board AGAINST 3
Cambricon Technologies Corp. Ltd. April 2, 2026 Approve 2026 Remuneration and Allowances of Directors Compensation Board AGAINST 3
Canara Bank June 23, 2026 Approve Appointment of Sunil Kumar Chugh as Executive Director Compensation Board AGAINST 3
Canara Bank June 23, 2026 Elect Shalini Pandit as Government Nominee Director Director Elections Board AGAINST 3
Carl Zeiss Meditec AG March 26, 2026 Approve Remuneration Policy Compensation Board AGAINST 3
Carl Zeiss Meditec AG March 26, 2026 Approve Remuneration Report Compensation Board AGAINST 3
Carl Zeiss Meditec AG March 26, 2026 Elect Peter Kameritsch to the Supervisory Board Director Elections Board AGAINST 3
Carl Zeiss Meditec AG March 26, 2026 Elect Torsten Reitze to the Supervisory Board Director Elections Board AGAINST 3
Carl Zeiss Meditec AG March 26, 2026 Elect Werner Stahl to the Supervisory Board Director Elections Board AGAINST 3
Carrefour SA May 22, 2026 Reelect Alexandre Bompard as Director Director Elections Board AGAINST 3
Carvana Co. May 5, 2026 Election of Directors: Neha Parikh Director Elections Board WITHHOLD 3
Centrais Eletricas Brasileiras SA April 15, 2026 Approve Performance Share Plan Compensation Board AGAINST 3
Chailease Holding Co., Ltd. May 26, 2026 Elect a Representative of Li Cheng Investment Co., Ltd., with SHAREHOLDER NO.104095 as Non-independent Director Director Elections Board AGAINST 3
China Everbright Environment Group Limited May 27, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
China Everbright Environment Group Limited May 27, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
China Feihe Limited June 5, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
China Feihe Limited June 5, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
China Gas Holdings Limited August 21, 2025 Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 3
China Gas Holdings Limited August 21, 2025 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
China Gas Holdings Limited August 21, 2025 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
China Gas Holdings Limited August 21, 2025 Elect Chen Yanyan as Director Director Elections Board AGAINST 3
China Gas Holdings Limited August 21, 2025 Elect Mao Erwan as Director Director Elections Board AGAINST 3
China Gas Holdings Limited August 21, 2025 Elect Zhu Weiwei as Director Director Elections Board AGAINST 3
China Gas Holdings Limited June 24, 2026 Adopt 2026 Share Award Scheme Compensation Board AGAINST 3
China Gas Holdings Limited June 24, 2026 Approve Grant of Award Shares to Huang Yong Compensation Board AGAINST 3
China Gas Holdings Limited June 24, 2026 Approve Grant of Award Shares to Liu Chang Compensation Board AGAINST 3
China Gas Holdings Limited June 24, 2026 Approve Grant of Award Shares to Liu Ming Hui Compensation Board AGAINST 3
China Gas Holdings Limited June 24, 2026 Approve Grant of Award Shares to Liu Mingxing Compensation Board AGAINST 3
China Gas Holdings Limited June 24, 2026 Approve Grant of Award Shares to Zhu Weiwei Compensation Board AGAINST 3
China Gas Holdings Limited June 24, 2026 Approve Scheme Mandate Limit Compensation Board AGAINST 3
China Gas Holdings Limited June 24, 2026 Approve Service Provider Sub-limit Compensation Board AGAINST 3
China Gas Holdings Limited June 24, 2026 Authorize Any Director to Handle All Matters in Relation to the Director Conditional Grants Compensation Board AGAINST 3
China Hongqiao Group Limited May 19, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
China Hongqiao Group Limited May 19, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
China Longyuan Power Group Corporation Limited April 29, 2026 Approve Grant of General Mandate to the Board of Directors to Issue Shares Capital Structure Board AGAINST 3
China Merchants Expressway Network Technology Hlds Co., Ltd. July 31, 2025 Approve Issuance of Debt Financing Instruments Capital Structure Board AGAINST 3
China Merchants Port Holdings Company Limited June 2, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
China Merchants Port Holdings Company Limited June 2, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
China Nonferrous Mining Corporation Limited June 25, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
China Nonferrous Mining Corporation Limited June 25, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
China Overseas Land & Investment Ltd. June 24, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
China Power International Development Limited June 8, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
China Power International Development Limited June 8, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
China Railway Group Limited June 29, 2026 Approve Budget for External Guarantee Capital Structure Board AGAINST 3
China Railway Group Limited June 29, 2026 Approve Deloitte Touche Tohmatsu as International Auditor and Deloitte Touche Tohmatsu Certified Public Accountants LLP as Domestic Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 3
China Resources Beer (Holdings) Company Limited May 20, 2026 Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 3
China Resources Beer (Holdings) Company Limited May 20, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
China Resources Beer (Holdings) Company Limited May 20, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
China Resources Gas Group Limited May 28, 2026 Approve Deloitte Touche Tohmatsu as Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 3

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