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GMO 2025-2026: where it broke with 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.

GMO, 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 recommendedGMO votedFunds
Metropole Television SA April 28, 2026 Reelect Elisabeth Sandret-Renard as Supervisory Board Member Director Elections Board AGAINST 3
Migros Ticaret AS April 13, 2026 Amend Article 7 Re: Capital Related Capital Structure Board AGAINST 3
Minth Group Limited June 30, 2026 Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 3
Minth Group Limited June 30, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
Minth Group Limited June 30, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
Mr. Cooper Group Inc. September 3, 2025 To approve, on an advisory (non-binding) basis, the compensation that may be paid or become payable to Mr. Cooper's named executive officers that is based on or otherwise related to the mergers (the "merger-related compensation proposal"). Say-on-Pay Board AGAINST 3
Murata Manufacturing Co. Ltd. June 29, 2026 Elect Director and Audit Committee Member Enomoto, Seiichi Director Elections Board AGAINST 3
NGK Corp. June 29, 2026 Appoint Statutory Auditor Watanabe, Go Compensation Board AGAINST 3
NV BEKAERT SA May 13, 2026 Reelect Nicolas D'heygere as Director Director Elections Board AGAINST 3
National Mobile Telecommunications KSC March 4, 2026 Approve Report of the Remuneration Committee on the Bonuses, Benefits and Salaries of the Executive Management and Board Members for FY 2025 Compensation Board AGAINST 3
Nissan Motor Co., Ltd. June 23, 2026 Elect Director Ivan Espinosa Director Elections Board AGAINST 3
Nissan Motor Co., Ltd. June 23, 2026 Elect Director Nagai, Moto Director Elections Board AGAINST 3
Nissan Motor Co., Ltd. June 23, 2026 Elect Director Shimbo, Junichi Director Elections Board AGAINST 3
Orient Overseas (International) Limited May 21, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
Orient Overseas (International) Limited May 21, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
Orient Overseas (International) Limited May 21, 2026 Elect Wang Dan as Director Director Elections Board AGAINST 3
Otsuka Holdings Co., Ltd. March 27, 2026 Appoint Statutory Auditor Sugawara, Hiroshi Compensation Board AGAINST 3
PGE Polska Grupa Energetyczna SA June 18, 2026 Approve Remuneration Report Compensation Board AGAINST 3
PGE Polska Grupa Energetyczna SA June 18, 2026 Elect Supervisory Board Member Director Elections Board AGAINST 3
PGE Polska Grupa Energetyczna SA June 18, 2026 Recall Supervisory Board Member Director Elections Board AGAINST 3
PT Perusahaan Gas Negara (Persero) Tbk May 22, 2026 Approve Changes in the Boards of the Company Director Elections Board AGAINST 3
PT Telkom Indonesia (Persero) Tbk September 3, 2025 Approve Changes in the Boards of the Company Director Elections Board AGAINST 3
Pandora AS March 11, 2026 Approve Remuneration Report (Advisory Vote) Compensation Board AGAINST 3
Petrovietnam Gas JSC May 22, 2026 Approve Remuneration of Board of Directors and Supervisory Board for Financial Year 2025 and Remuneration Plans for Board of Directors and Supervisory Board for Financial Year 2026 Compensation Board AGAINST 3
Petrovietnam Gas JSC May 22, 2026 Elect Directors Director Elections Board ABSTAIN 3
Petrovietnam Gas JSC May 22, 2026 Elect Supervisor Director Elections Board ABSTAIN 3
PotlatchDeltic Corporation January 27, 2026 The PotlatchDeltic merger-related compensation proposal: A proposal to approve, on a non-binding advisory basis, the compensation that may be paid or become payable to the named executive officers of PotlatchDeltic in connection with the transactions contemplated by the merger agreement. Say-on-Pay Board AGAINST 3
Prosus NV August 20, 2025 Approve Remuneration Policy Compensation Board AGAINST 3
Prosus NV August 20, 2025 Approve Remuneration Report Compensation Board AGAINST 3
Prosus NV August 20, 2025 Authorize Repurchase of Shares Capital Structure Board AGAINST 3
Prosus NV August 20, 2025 Reelect Koos Bekker as Director Director Elections Board AGAINST 3
Prosus NV August 20, 2025 Reelect Steve Pacak as Director Director Elections Board AGAINST 3
Puig Brands SA May 29, 2026 Advisory Vote on Remuneration Report Compensation Board AGAINST 3
Puig Brands SA May 29, 2026 Approve Grant of Class B Shares to Executive Directors under the Variable Remuneration Plan Compensation Board AGAINST 3
Puig Brands SA May 29, 2026 Approve Remuneration Policy Compensation Board AGAINST 3
RTL Group SA April 29, 2026 Approve Remuneration Policy Compensation Board AGAINST 3
RTL Group SA April 29, 2026 Approve Remuneration Report Compensation Board AGAINST 3
SINOPEC Engineering (Group) Co., Ltd. June 5, 2026 Approve BDO China Shu Lun Pan Certified Public Accountants LLP and BDO Limited as Domestic Auditor and International Auditor, Respectively, and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 3
SKF AB April 21, 2026 Reelect Hakan Buskhe as Director Director Elections Board AGAINST 3
SKF AB April 21, 2026 Reelect Richard Nilsson as Director Director Elections Board AGAINST 3
SSAB AB April 28, 2026 Approve Remuneration Policy And Other Terms of Employment For Executive Management Compensation Board AGAINST 3
SSAB AB April 28, 2026 Reelect Petra Einarsson as Director Director Elections Board AGAINST 3
Saipem SpA May 12, 2026 Approve Deferred Phantom Share Plan 2026-2029 Compensation Board AGAINST 3
Sany Heavy Equipment International Holdings Company Limited May 28, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
Sany Heavy Equipment International Holdings Company Limited May 28, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
Saudi Awwal Bank December 8, 2025 Elect Ahmed Al Oulaqi as Director Director Elections Board ABSTAIN 3
Saudi Awwal Bank December 8, 2025 Elect Khalid Sulaymani as Director Director Elections Board ABSTAIN 3
Saudi Awwal Bank December 8, 2025 Elect Lubna Al Olayan as Director Director Elections Board ABSTAIN 3
Saudi Awwal Bank December 8, 2025 Elect Majid Al Suweegh as Director Director Elections Board ABSTAIN 3
Saudi Awwal Bank December 8, 2025 Elect Martin Powell as Director Director Elections Board ABSTAIN 3
Saudi Awwal Bank December 8, 2025 Elect Mohammed Al Maaraj as Director Director Elections Board ABSTAIN 3
Saudi Awwal Bank December 8, 2025 Elect Mohammed Al Omran as Director Director Elections Board ABSTAIN 3
Saudi Awwal Bank December 8, 2025 Elect Saad Al Fadhli as Director Director Elections Board ABSTAIN 3
Saudi Awwal Bank December 8, 2025 Elect Stuart Gulliver as Director Director Elections Board ABSTAIN 3
Saudi Awwal Bank December 8, 2025 Elect Sulayman Al Quweez as Director Director Elections Board ABSTAIN 3
Sekerbank TAS May 7, 2026 Approve Director Remuneration Compensation Board AGAINST 3
Sekerbank TAS May 7, 2026 Ratify External Auditors Audit-related Board AGAINST 3
Sheng Siong Group Ltd. April 29, 2026 Approve Issuance of Equity or Equity-Linked Securities with or without Preemptive Rights Capital Structure Board AGAINST 3
Sibanye Stillwater Ltd. May 28, 2026 Approve Financial Assistance in Terms of Sections 44 and 45 of the Companies Act Capital Structure Board AGAINST 3
Sinopharm Group Co. Ltd. June 18, 2026 Approve Delegation of Power of Provision of Guarantees for Subsidiaries Capital Structure Board AGAINST 3
Sinopharm Group Co. Ltd. June 18, 2026 Approve Grant a General Mandate to the Board to Exercise Power to Allot, Issue and/or Deal with Domestic Shares and/or H Shares, and to Sell or Transfer Any Treasury Shares Capital Structure Board AGAINST 3
Skanska AB March 31, 2026 Reelect Henrik Sjolund as Director Director Elections Board AGAINST 3
Skanska AB March 31, 2026 Reelect Par Boman as Director Director Elections Board AGAINST 3
Skyworth Group Limited May 13, 2026 Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 3
Skyworth Group Limited May 13, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
Skyworth Group Limited May 13, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
Societe BIC SA May 20, 2026 Approve Compensation of Gonzalve Bich, CEO until September 15, 2025 Compensation Board AGAINST 3
Societe BIC SA May 20, 2026 Approve Compensation of Rob Versloot, CEO from September 15, 2025 Compensation Board AGAINST 3
Societe BIC SA May 20, 2026 Approve Remuneration Policy of Executive Corporate Officers Compensation Board AGAINST 3
Societe BIC SA May 20, 2026 Ratify Appointment of Geoffroy Bich as Director Following Resignation of Timothee Bich Director Elections Board AGAINST 3
Societe BIC SA May 20, 2026 Reelect Geoffroy Bich as Director Director Elections Board AGAINST 3
Societe BIC SA May 20, 2026 Reelect Veronique Laury as Director Director Elections Board AGAINST 3
Suntory Beverage & Food Ltd. March 25, 2026 Elect Director Kimura, Josuke Director Elections Board AGAINST 3
Super Retail Group Limited October 23, 2025 Elect Judith Swales as Director Director Elections Board AGAINST 3
Svenska Cellulosa AB SCA March 27, 2026 Reelect Barbara M. Thoralfsson as Director Director Elections Board AGAINST 3
Svenska Cellulosa AB SCA March 27, 2026 Reelect Helena Stjernholm as Board Chair Director Elections Board AGAINST 3
Svenska Cellulosa AB SCA March 27, 2026 Reelect Helena Stjernholm as Director Director Elections Board AGAINST 3
TOTO Ltd. June 23, 2026 Elect Director and Audit Committee Member Horikoshi, Hidekazu Director Elections Board AGAINST 3
TRATON SE June 16, 2026 Approve Remuneration Report Compensation Board AGAINST 3
TRATON SE June 16, 2026 Approve Supervisory Board Remuneration Policy Compensation Board AGAINST 3
TRATON SE June 16, 2026 Elect Arno Antlitz to the Supervisory Board Director Elections Board AGAINST 3
Teleperformance SE May 21, 2026 Approve Remuneration Policy of CEO from January 1, 2026 to March 15, 2026 Compensation Board AGAINST 3
Teleperformance SE May 21, 2026 Approve Remuneration Policy of Vice-CEO Compensation Board AGAINST 3
Teleperformance SE May 21, 2026 Approve Remuneration Policy of Vice-CEO in Charge of Finances Compensation Board AGAINST 3
Television Francaise 1 SA April 16, 2026 Approve Compensation of Rodolphe Belmer Chairman and CEO Compensation Board AGAINST 3
Television Francaise 1 SA April 16, 2026 Approve Remuneration Policy of Rodolphe Belmer, Chairman and CEO Compensation Board AGAINST 3
Television Francaise 1 SA April 16, 2026 Elect Cyril Bouygues as Director Director Elections Board AGAINST 3
Tencent Holdings Limited May 13, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
Tencent Holdings Limited May 13, 2026 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 3
The Magnum Ice Cream Co. N.V. May 7, 2026 Adopt Foundation Plan for Growth Compensation Board AGAINST 3
The Trade Desk, Inc. May 4, 2026 The approval, on a non-binding, advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 3
The Trade Desk, Inc. May 4, 2026 The election of two Class I directors to hold office until our 2029 annual meeting of stockholders or until his or her successor is duly elected and qualified: Jeff T. Green Director Elections Board WITHHOLD 3
Turk Hava Yollari AO April 9, 2026 Approve Director Remuneration Compensation Board AGAINST 3
Turk Hava Yollari AO April 9, 2026 Ratify External Auditors Audit-related Board AGAINST 3
Universal Health Services, Inc. May 20, 2026 Election of Director: Nina Chen-Langenmayr Director Elections Board WITHHOLD 3
VSTECS Holdings Limited May 26, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
VSTECS Holdings Limited May 26, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
Vietnam Prosperity Joint-Stock Commercial Bank April 22, 2026 Approve Capital Contribution, Establishment of Subsidiaries, Cooperation, Joint Ventures, and Other Affiliation Plans Extraordinary Transactions Board AGAINST 3
Vietnam Prosperity Joint-Stock Commercial Bank April 22, 2026 Approve Increase Charter Capital through Private Placement of Shares to Foreign Shareholders Capital Structure Board AGAINST 3
Vietnam Prosperity Joint-Stock Commercial Bank April 22, 2026 Approve Removal of Debts Covered by Risk Provisions Subject to Conditions Extraordinary Transactions Board AGAINST 3

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Built October 25, 2026 from SEC Form N-PX filings.