Home › Asset managers › GMO › 2025-2026 › Against the board
Two kinds of vote are listed: a board-sponsored proposal GMO 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
1,468 proposals.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | GMO voted | Funds |
|---|---|---|---|---|---|---|---|
| Israel Discount Bank Ltd. | June 17, 2026 | Elect Yaniv Garty as Director | Director Elections | Board | ABSTAIN | 4 | |
| Isuzu Motors Ltd. | June 25, 2026 | Elect Director Katayama, Masanori | Director Elections | Board | AGAINST | 4 | |
| Isuzu Motors Ltd. | June 25, 2026 | Elect Director Yamaguchi, Naohiro | Director Elections | Board | AGAINST | 4 | |
| Ivanhoe Mines Ltd. | June 18, 2026 | Amend Equity Incentive Plan | Compensation | Board | AGAINST | 4 | |
| Klabin SA | April 7, 2026 | Amend Long-Term Incentive Plan Based on Units First Approved at the December 20, 2011, EGM | Compensation | Board | AGAINST | 4 | |
| Klabin SA | April 7, 2026 | Elect Directors (Slate 1 Proposed by Company's Management) | Director Elections | Board | AGAINST | 4 | |
| Klabin SA | April 7, 2026 | Elect Fiscal Council Members | Compensation | Board | ABSTAIN | 4 | |
| Klabin SA | April 7, 2026 | Percentage of Votes to Be Assigned - Elect Alberto Klabin as Director and Maria Silvia Bastos Marques as Alternate | Director Elections | Board | ABSTAIN | 4 | |
| Klabin SA | April 7, 2026 | Percentage of Votes to Be Assigned - Elect Amanda Klabin Tkacz as Director and Daniel Miguel Klabin as Alternate | Director Elections | Board (inferred) | ABSTAIN | 4 | |
| Klabin SA | April 7, 2026 | Percentage of Votes to Be Assigned - Elect Amaury Guilherme Bier as Independent Director and Victor Borges Leal Saragiotto as Alternate | Director Elections | Board (inferred) | ABSTAIN | 4 | |
| Klabin SA | April 7, 2026 | Percentage of Votes to Be Assigned - Elect Celso Lafer as Independent Director and Paulo Roberto Petterle as Alternate | Director Elections | Board (inferred) | ABSTAIN | 4 | |
| Klabin SA | April 7, 2026 | Percentage of Votes to Be Assigned - Elect Francisco Lafer Pati as Director and Antonio Sergio Alfano as Alternate | Director Elections | Board (inferred) | ABSTAIN | 4 | |
| Klabin SA | April 7, 2026 | Percentage of Votes to Be Assigned - Elect Horacio Lafer Piva as Director and Henrique Guaragna Marcondes as Alternate | Director Elections | Board (inferred) | ABSTAIN | 4 | |
| Klabin SA | April 7, 2026 | Percentage of Votes to Be Assigned - Elect Marcelo Mesquita de Siqueira Filho as Independent Director and Marcelo de Aguiar Oliveira as Alternate | Director Elections | Board (inferred) | ABSTAIN | 4 | |
| Klabin SA | April 7, 2026 | Percentage of Votes to Be Assigned - Elect Paulo Sergio Coutinho Galvao Filho as Director and Maria Eugenia Lafer Galvao as Alternate | Director Elections | Board (inferred) | ABSTAIN | 4 | |
| Klabin SA | April 7, 2026 | Percentage of Votes to Be Assigned - Elect Roberto Klabin Martins Xavier as Director and Lilia Klabin Levine as Alternate | Director Elections | Board | ABSTAIN | 4 | |
| Klabin SA | April 7, 2026 | Percentage of Votes to Be Assigned - Elect Roberto Luiz Leme Klabin as Independent Director and Marcelo Bertini de Rezende Barbosa as Alternate | Director Elections | Board (inferred) | ABSTAIN | 4 | |
| Klabin SA | April 7, 2026 | Percentage of Votes to Be Assigned - Elect Vera Lafer as Director and Luis Eduardo Pereira de Carvalho as Alternate | Director Elections | Board (inferred) | ABSTAIN | 4 | |
| Klabin SA | April 7, 2026 | Percentage of Votes to Be Assigned - Elect Wolff Klabin as Director and Pedro Silva de Queiroz as Alternate | Director Elections | Board (inferred) | ABSTAIN | 4 | |
| Largo Inc. | June 16, 2026 | Elect Director Alberto Arias | Director Elections | Board | WITHHOLD | 4 | |
| Largo Inc. | June 16, 2026 | Elect Director Daniel Tellechea | Director Elections | Board | WITHHOLD | 4 | |
| Largo Inc. | June 16, 2026 | Re-approve Share Compensation Plan | Compensation | Board | AGAINST | 4 | |
| Lite-On Technology Corp. | May 20, 2026 | Amend Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees | Extraordinary Transactions | Board | AGAINST | 4 | |
| MOL Hungarian Oil & Gas Plc | April 10, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 4 | |
| MOL Hungarian Oil & Gas Plc | April 10, 2026 | Cancel Apr. 24, 2025, AGM, Resolution Re: Share Repurchase Program; Authorize Share Repurchase Program | Capital Structure | Board | AGAINST | 4 | |
| MOL Hungarian Oil & Gas Plc | April 10, 2026 | Elect Ivan Miklos as Audit Committee Member | Director Elections | Board | AGAINST | 4 | |
| MOL Hungarian Oil & Gas Plc | April 10, 2026 | Elect Ivan Miklos as Supervisory Board Member | Director Elections | Board | AGAINST | 4 | |
| MOL Hungarian Oil & Gas Plc | April 10, 2026 | Elect Lajos Dorkota as Supervisory Board Member | Director Elections | Board | AGAINST | 4 | |
| MOL Hungarian Oil & Gas Plc | April 10, 2026 | Elect Peter Kaderjak as Supervisory Board Member | Director Elections | Board | AGAINST | 4 | |
| Magyar Telekom Telecommunications Plc | April 8, 2026 | Amend Remuneration Policy | Compensation | Board | AGAINST | 4 | |
| Magyar Telekom Telecommunications Plc | April 8, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 4 | |
| Magyar Telekom Telecommunications Plc | April 8, 2026 | Authorize Share Repurchase Program | Capital Structure | Board | AGAINST | 4 | |
| Manappuram Finance Limited | August 14, 2025 | Approve Grant of Options to the Employees of the Subsidiary Company of the Company Under Manappuram Finance Limited - Employee Stock Option Scheme 2025 | Compensation | Board | AGAINST | 4 | |
| Manappuram Finance Limited | August 14, 2025 | Approve Manappuram Finance Limited - Employee Stock Option Scheme 2025 | Compensation | Board | AGAINST | 4 | |
| Manappuram Finance Limited | August 14, 2025 | Reelect Sumitha Nandan as Director | Director Elections | Board | AGAINST | 4 | |
| Mapfre SA | March 13, 2026 | Reelect Antonio Huertas Mejias as Director | Director Elections | Board | AGAINST | 4 | |
| Masan Consumer Corp. | April 24, 2026 | Approve Issuance of Shares under Employee Stock Ownership Plan (ESOP) | Compensation | Board | AGAINST | 4 | |
| Mobile Telecommunications Co. KSCP | April 7, 2026 | Elect Abdulrazaq Razouqi as an Independent Director | Director Elections | Board | ABSTAIN | 4 | |
| Mobile Telecommunications Co. KSCP | April 7, 2026 | Elect Amir Al Shahoumi as a Non-Executive Director | Director Elections | Board | ABSTAIN | 4 | |
| Mobile Telecommunications Co. KSCP | April 7, 2026 | Elect Badr Al Qattan as an Independent Director | Director Elections | Board | ABSTAIN | 4 | |
| Mobile Telecommunications Co. KSCP | April 7, 2026 | Elect Fahd Al Mukhayzeem as a Non-Executive Director | Director Elections | Board | ABSTAIN | 4 | |
| Mobile Telecommunications Co. KSCP | April 7, 2026 | Elect Ghassan Al Hashar as a Non-Executive Director | Director Elections | Board | ABSTAIN | 4 | |
| Mobile Telecommunications Co. KSCP | April 7, 2026 | Elect Hamoud Al Sabah as an Independent Director | Director Elections | Board | ABSTAIN | 4 | |
| Mobile Telecommunications Co. KSCP | April 7, 2026 | Elect Khalid Al Thakeer as an Independent Director | Director Elections | Board | ABSTAIN | 4 | |
| Mobile Telecommunications Co. KSCP | April 7, 2026 | Elect Mahmoud Rasheed as an Independent Director | Director Elections | Board | ABSTAIN | 4 | |
| Mobile Telecommunications Co. KSCP | April 7, 2026 | Elect Marwan Salamah as a Non-Executive Director | Director Elections | Board | ABSTAIN | 4 | |
| Mobile Telecommunications Co. KSCP | April 7, 2026 | Elect Mishari Al Hajri as a Non-Executive Director | Director Elections | Board | ABSTAIN | 4 | |
| Mobile Telecommunications Co. KSCP | April 7, 2026 | Elect Munthir Al Omani as an Independent Director | Director Elections | Board | ABSTAIN | 4 | |
| Mobile Telecommunications Co. KSCP | April 7, 2026 | Elect Musaid Al Mutawaa as an Independent Director | Director Elections | Board | ABSTAIN | 4 | |
| Mobile Telecommunications Co. KSCP | April 7, 2026 | Elect Saad Al Nahidh as an Independent Director | Director Elections | Board | ABSTAIN | 4 | |
| Motor Oil (Hellas) Corinth Refineries SA | June 17, 2026 | Advisory Vote on Remuneration Report | Compensation | Board | AGAINST | 4 | |
| Motor Oil (Hellas) Corinth Refineries SA | June 17, 2026 | Approve Advance Payment for Director Remuneration | Compensation | Board | AGAINST | 4 | |
| Motor Oil (Hellas) Corinth Refineries SA | June 17, 2026 | Approve Auditors and Fix Their Remuneration | Audit-related | Board | AGAINST | 4 | |
| Motor Oil (Hellas) Corinth Refineries SA | June 17, 2026 | Approve Profit Distribution to Board Members and Management | Compensation | Board | AGAINST | 4 | |
| Motor Oil (Hellas) Corinth Refineries SA | June 17, 2026 | Approve Profit Distribution to Company Personnel | Compensation | Board | AGAINST | 4 | |
| Motor Oil (Hellas) Corinth Refineries SA | June 17, 2026 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 4 | |
| Motor Oil (Hellas) Corinth Refineries SA | June 17, 2026 | Elect Directors (Bundled) | Director Elections | Board | AGAINST | 4 | |
| Motor Oil (Hellas) Corinth Refineries SA | June 17, 2026 | Elect Members of Audit Committee (Bundled) | Director Elections | Board | AGAINST | 4 | |
| Muthoot Finance Limited | August 30, 2025 | Approve Reappointment and Remuneration of Alexander George as Whole Time Director | Compensation | Board | AGAINST | 4 | |
| NMDC Limited | August 28, 2025 | Elect Achal Kumar Sinha as Director | Director Elections | Board | AGAINST | 4 | |
| NMDC Limited | August 28, 2025 | Elect Amitava Mukherjee as Director and Approve Appointment of Amitava Mukherjee as Chairman and Managing Director | Director Elections | Board | AGAINST | 4 | |
| NMDC Limited | August 28, 2025 | Elect Ashish Chatterjee as Director | Director Elections | Board | AGAINST | 4 | |
| NMDC Limited | August 28, 2025 | Elect Priyadarshini Gaddam as Director | Director Elections | Board | AGAINST | 4 | |
| NMDC Limited | August 28, 2025 | Reelect Sanjay Tandon as Director | Director Elections | Board | AGAINST | 4 | |
| NMDC Limited | August 28, 2025 | Reelect Vinay Kumar as Director | Director Elections | Board | AGAINST | 4 | |
| NMDC Limited | August 28, 2025 | Reelect Vishwanath Suresh as Director | Director Elections | Board | AGAINST | 4 | |
| Nippon Yusen KK | June 17, 2026 | Elect Director Kuwabara, Satoko | Director Elections | Board | AGAINST | 4 | |
| Niterra Co., Ltd. | June 26, 2026 | Elect Director and Audit Committee Member Uchiyama, Hideyo | Director Elections | Board | AGAINST | 4 | |
| Noor Financial Investment Co. KSC | March 12, 2026 | Appoint Three Members of Shariah Supervisory Board and Authorize Board to Fix their Remuneration for FY 2026 | Director Elections | Board | AGAINST | 4 | |
| OTP Bank Nyrt | April 17, 2026 | Approve Remuneration Policy | Compensation | Board | AGAINST | 4 | |
| OTP Bank Nyrt | April 17, 2026 | Approve Remuneration of Management Board, Supervisory Board, and Audit Committee Members | Compensation | Board | AGAINST | 4 | |
| OTP Bank Nyrt | April 17, 2026 | Elect Jozsef Horvath as Audit Committee Member | Director Elections | Board | AGAINST | 4 | |
| OTP Bank Nyrt | April 17, 2026 | Elect Jozsef Horvath as Supervisory Board Member | Director Elections | Board | AGAINST | 4 | |
| OTP Bank Nyrt | April 17, 2026 | Elect Tibor Tolnay as Audit Committee Member | Director Elections | Board | AGAINST | 4 | |
| OTP Bank Nyrt | April 17, 2026 | Elect Tibor Tolnay as Supervisory Board Member | Director Elections | Board | AGAINST | 4 | |
| OTP Bank Nyrt | April 17, 2026 | Receive Report on Share Repurchase Program; Authorize Share Repurchase Program | Capital Structure | Board | AGAINST | 4 | |
| Oil & Natural Gas Corporation Limited | August 29, 2025 | Elect Arunangshu Sarkar as Director | Director Elections | Board | AGAINST | 4 | |
| Oil & Natural Gas Corporation Limited | August 29, 2025 | Elect Manish Pareek as Director | Director Elections | Board | AGAINST | 4 | |
| Oil & Natural Gas Corporation Limited | August 29, 2025 | Elect Om Prakash Sinha as Director | Director Elections | Board | AGAINST | 4 | |
| Oil & Natural Gas Corporation Limited | August 29, 2025 | Elect Reena Jaitly as Director | Director Elections | Board | AGAINST | 4 | |
| Oil & Natural Gas Corporation Limited | August 29, 2025 | Elect Vikram Saxena as Director | Director Elections | Board | AGAINST | 4 | |
| Oil & Natural Gas Corporation Limited | August 29, 2025 | Reelect Manish Patil as Director | Director Elections | Board | AGAINST | 4 | |
| Old Mutual Ltd. | June 5, 2026 | Approve Remuneration Implementation Report | Compensation | Board | AGAINST | 4 | |
| Omnicom Group Inc. | May 5, 2026 | Advisory resolution to approve executive compensation. | Say-on-Pay | Board | AGAINST | 4 | |
| PT Perusahaan Gas Negara Tbk | December 29, 2025 | Amendment of Shareholder Rights | Capital Structure | Board | AGAINST | 4 | |
| PT Telkom Indonesia (Persero) Tbk | September 16, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 4 | |
| PT Triputra Agro Persada Tbk | August 14, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 4 | |
| PT Unilever Indonesia Tbk | February 13, 2026 | Approve Delegation of Authority to the Board of Commissioners to Approve Changes to Pension Fund Regulation | Compensation | Board | AGAINST | 4 | |
| PagSeguro Digital Ltd. | May 27, 2026 | Elect Director Alexandre Magnani | Director Elections | Board | AGAINST | 4 | |
| PagSeguro Digital Ltd. | May 27, 2026 | Elect Director Artur Gaulke Schunck | Director Elections | Board | AGAINST | 4 | |
| PagSeguro Digital Ltd. | May 27, 2026 | Elect Director Eduardo Alcaro | Director Elections | Board | AGAINST | 4 | |
| PagSeguro Digital Ltd. | May 27, 2026 | Elect Director Luis Frias | Director Elections | Board | AGAINST | 4 | |
| PagSeguro Digital Ltd. | May 27, 2026 | Elect Director Maria Judith de Brito | Director Elections | Board | AGAINST | 4 | |
| PetroVietnam Ca Mau Fertilizer JSC | April 22, 2026 | Elect Director | Director Elections | Board | ABSTAIN | 4 | |
| PetroVietnam Ca Mau Fertilizer JSC | April 22, 2026 | Elect Independent Director | Director Elections | Board | ABSTAIN | 4 | |
| PetroVietnam Ca Mau Fertilizer JSC | April 22, 2026 | Elect Supervisory Board Member | Director Elections | Board | ABSTAIN | 4 | |
| Petrovietnam Fertilizer & Chemicals Corp. | April 23, 2026 | Elect Supervisory Board Members | Director Elections | Board | ABSTAIN | 4 | |
| Phu Nhuan Jewelry Joint Stock Company | April 22, 2026 | Elect Directors | Director Elections | Board | ABSTAIN | 4 | |
| Power Corporation of Canada | May 13, 2026 | Elect Director Andre Desmarais | Director Elections | Board | AGAINST | 4 | |
| Power Corporation of Canada | May 13, 2026 | Elect Director Paul Desmarais, Jr. | Director Elections | Board | AGAINST | 4 |
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Built October 13, 2026 from SEC Form N-PX filings.