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Goldman Sachs 2025-2026: where it broke with the board

Two kinds of vote are listed: a board-sponsored proposal Goldman Sachs 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

6,000 proposals. The board-sponsored half of this list keeps the 6,000 proposals with the most funds behind them; the rest are in the interactive database. Every shareholder proposal it backed is listed in full.

Goldman Sachs, 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 recommendedGoldman Sachs votedFunds
Compagnie Financiere Richemont SA September 10, 2025 Reelect Vesna Nevistic as Director Director Elections Board AGAINST 6
Compagnie Financiere Richemont SA September 10, 2025 Reelect Wendy Luhabe as Director Director Elections Board AGAINST 6
Contemporary Amperex Technology Co., Ltd. December 25, 2025 Approve Additional Cap for Provision of Guarantee Capital Structure Board AGAINST 6
Contemporary Amperex Technology Co., Ltd. December 25, 2025 Approve Grant of a General Mandate to the Board to Issue Shares Capital Structure Board AGAINST 6
Daiichi Life Group, Inc. June 22, 2026 Elect Director Inagaki, Seiji Director Elections Board AGAINST 6
Daiichi Life Group, Inc. June 22, 2026 Elect Director Kikuta, Tetsuya Director Elections Board AGAINST 6
Daiichi Life Group, Inc. June 22, 2026 Elect Director Sumino, Toshiaki Director Elections Board AGAINST 6
Daiichi Sankyo Co., Ltd. June 22, 2026 Elect Director Okuzawa, Hiroyuki Director Elections Board AGAINST 6
ENEOS Holdings, Inc. June 25, 2026 Elect Director and Audit Committee Member Toyoda, Akiko Director Elections Board AGAINST 6
EssilorLuxottica SA April 28, 2026 Approve Compensation Report of Corporate Officers Compensation Board AGAINST 6
EssilorLuxottica SA April 28, 2026 Approve Remuneration Policy of Chairman and CEO Compensation Board AGAINST 6
EssilorLuxottica SA April 28, 2026 Approve Remuneration Policy of Vice-CEO Compensation Board AGAINST 6
EssilorLuxottica SA April 28, 2026 Reelect Andrea Zappia as Director Director Elections Board AGAINST 6
EssilorLuxottica SA April 28, 2026 Reelect Jose Gonzalo as Director Director Elections Board AGAINST 6
EssilorLuxottica SA April 28, 2026 Reelect Romolo Bardin as Director Director Elections Board AGAINST 6
Etsy, Inc. June 9, 2026 Advisory vote to approve named executive officer compensation. Say-on-Pay Board AGAINST 6
FirstRand Ltd. December 2, 2025 Approve Remuneration Implementation Report Compensation Board AGAINST 6
Galderma Group AG April 22, 2026 Approve Remuneration Report (Non-Binding) Compensation Board AGAINST 6
Galderma Group AG April 22, 2026 Approve Remuneration of Executive Committee in the Amount of CHF 31.2 Million Compensation Board AGAINST 6
Grindr Inc. July 30, 2025 Election of Directors: J. Michael Gearon, Jr. Director Elections Board WITHHOLD 6
Grindr Inc. July 30, 2025 Election of Directors: James Fu Bin Lu Director Elections Board WITHHOLD 6
Grindr Inc. July 30, 2025 Election of Directors: Meghan Stabler Director Elections Board WITHHOLD 6
Grindr Inc. July 30, 2025 Election of Directors: Nathan Richardson Director Elections Board WITHHOLD 6
H&M Hennes & Mauritz AB May 5, 2026 Approve Remuneration Report Compensation Board AGAINST 6
H&M Hennes & Mauritz AB May 5, 2026 Reelect Karl-Johan Persson as Board Chair Director Elections Board AGAINST 6
H&M Hennes & Mauritz AB May 5, 2026 Reelect Karl-Johan Persson as Director Director Elections Board AGAINST 6
Hamilton Lane Incorporated September 4, 2025 Advisory, non-binding vote to approve named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 6
Hermes International SA April 17, 2026 Approve Compensation Report of Corporate Officers Compensation Board AGAINST 6
Hermes International SA April 17, 2026 Approve Compensation of Axel Dumas, General Manager Compensation Board AGAINST 6
Hermes International SA April 17, 2026 Approve Compensation of Emile Hermes SAS, General Manager Compensation Board AGAINST 6
Hermes International SA April 17, 2026 Approve Remuneration Policy of General Managers Compensation Board AGAINST 6
Hermes International SA April 17, 2026 Authorize up to 2 Percent of Issued Capital for Use in Restricted Stock Plans Compensation Board AGAINST 6
ITOCHU Corp. June 19, 2026 Elect Director Ishii, Keita Director Elections Board AGAINST 6
ITOCHU Corp. June 19, 2026 Elect Director Okafuji, Masahiro Director Elections Board AGAINST 6
Kajima Corp. June 26, 2026 Elect Director Oshimi, Yoshikazu Director Elections Board AGAINST 6
Kajima Corp. June 26, 2026 Elect Director and Audit Committee Member Omori, Eiji Director Elections Board AGAINST 6
Keppel Ltd. April 17, 2026 Elect Olivier Blum as Director Director Elections Board AGAINST 6
Kone Oyj March 5, 2026 Reelect Antti Herlin as Director Director Elections Board AGAINST 6
Kone Oyj March 5, 2026 Reelect Matti Alahuhta as Director Director Elections Board AGAINST 6
Ladder Capital Corp. June 4, 2026 Election of the below Nominees to the Board of Directors: Mark Alexander Director Elections Board WITHHOLD 6
Lazard, Inc. May 21, 2026 Approval of the amendment to the Lazard Inc. 2018 Incentive Compensation Plan. Compensation Board AGAINST 6
Liberty Latin America Ltd. June 23, 2026 To approve the Liberty Latin America 2026 Incentive Plan. Compensation Board AGAINST 6
MGM Resorts International May 6, 2026 To approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 6
MS&AD Insurance Group Holdings, Inc. June 22, 2026 Elect Director Funabiki, Shinichiro Director Elections Board AGAINST 6
MS&AD Insurance Group Holdings, Inc. June 22, 2026 Elect Director Hara, Noriyuki Director Elections Board AGAINST 6
MS&AD Insurance Group Holdings, Inc. June 22, 2026 Elect Director Kanasugi, Yasuzo Director Elections Board AGAINST 6
MS&AD Insurance Group Holdings, Inc. June 22, 2026 Elect Director Niiro, Keisuke Director Elections Board AGAINST 6
Madison Square Garden Entertainment Corp. December 10, 2025 Election of the following nominees as directors: Donna M. Coleman Director Elections Board WITHHOLD 6
Madison Square Garden Entertainment Corp. December 10, 2025 Election of the following nominees as directors: Frederic V. Salerno Director Elections Board WITHHOLD 6
Madison Square Garden Entertainment Corp. December 10, 2025 Election of the following nominees as directors: Martin Bandier Director Elections Board WITHHOLD 6
Microvast Holdings, Inc. October 23, 2025 Election of Director: Wei Ying Director Elections Board AGAINST 6
Mitsubishi Corp. June 19, 2026 Elect Director Kakiuchi, Takehiko Director Elections Board AGAINST 6
Mitsubishi Corp. June 19, 2026 Elect Director Nakanishi, Katsuya Director Elections Board AGAINST 6
Mitsubishi Heavy Industries, Ltd. June 26, 2026 Elect Director Ito, Eisaku Director Elections Board AGAINST 6
Mitsubishi Heavy Industries, Ltd. June 26, 2026 Elect Director Izumisawa, Seiji Director Elections Board AGAINST 6
Mitsui Fudosan Co., Ltd. June 26, 2026 Elect Director Komoda, Masanobu Director Elections Board AGAINST 6
Mitsui Fudosan Co., Ltd. June 26, 2026 Elect Director Ueda, Takashi Director Elections Board AGAINST 6
Murata Manufacturing Co. Ltd. June 29, 2026 Elect Director Nakajima, Norio Director Elections Board AGAINST 6
Nabors Industries Ltd. June 2, 2026 Approval, on a non-binding, advisory basis, of the compensation paid by the Company to its named executive officers. Say-on-Pay Board (inferred) AGAINST 6
Nemetschek SE May 21, 2026 Approve Management Board Remuneration Policy Compensation Board AGAINST 6
Nemetschek SE May 21, 2026 Approve Remuneration Report Compensation Board AGAINST 6
Newmark Group, Inc. December 30, 2025 Approval, on an advisory basis, of executive compensation. Say-on-Pay Board (inferred) AGAINST 6
Obayashi Corp. June 29, 2026 Elect Director Obayashi, Takeo Director Elections Board AGAINST 6
Obayashi Corp. June 29, 2026 Elect Director Sato, Toshimi Director Elections Board AGAINST 6
Oracle Corp Japan August 22, 2025 Elect Director John L. Hall Director Elections Board AGAINST 6
Oracle Corp Japan August 22, 2025 Elect Director Kimberly Woolley Director Elections Board AGAINST 6
Oracle Corp Japan August 22, 2025 Elect Director Natsuno, Takeshi Director Elections Board AGAINST 6
Otsuka Holdings Co., Ltd. March 27, 2026 Appoint Statutory Auditor Sugawara, Hiroshi Compensation Board AGAINST 6
Otsuka Holdings Co., Ltd. March 27, 2026 Elect Director Inoue, Makoto Director Elections Board AGAINST 6
Otsuka Holdings Co., Ltd. March 27, 2026 Elect Director Otsuka, Ichiro Director Elections Board AGAINST 6
PT Bank Mandiri (Persero) Tbk August 4, 2025 Approve Changes in the Boards of the Company Director Elections Board AGAINST 6
PagSeguro Digital Ltd. May 27, 2026 Amend Restricted Stock Plan Compensation Board AGAINST 6
Pan Pacific International Holdings Corp. September 26, 2025 Approve Allocation of Income, with a Final Dividend of JPY 26 Capital Structure Board AGAINST 6
Pan Pacific International Holdings Corp. September 26, 2025 Elect Director Moriya, Hideki Director Elections Board AGAINST 6
Petco Health and Wellness Company, Inc. June 30, 2026 To approve, on a non-binding, advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 6
RBC Bearings Incorporated September 4, 2025 Election of Directors: Edward D. Stewart (Class I Director to serve a three-year term) Director Elections Board AGAINST 6
SITC International Holdings Company Limited April 20, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 6
SITC International Holdings Company Limited April 20, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 6
Safe Bulkers, Inc. September 16, 2025 Elect Director Christos Megalou Director Elections Board WITHHOLD 6
Stitch Fix, Inc. December 11, 2025 Advisory vote to approve executive compensation. Say-on-Pay Board (inferred) AGAINST 6
Suzlon Energy Limited September 25, 2025 Approve Reappointment and Remuneration of Girish R.Tanti as Executive Director Compensation Board AGAINST 6
Suzlon Energy Limited September 25, 2025 Approve Reappointment and Remuneration of Vinod R.Tanti as Managing Director Compensation Board AGAINST 6
Swire Properties Limited May 12, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 6
Swire Properties Limited May 12, 2026 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 6
TAISEI Corp. June 23, 2026 Elect Director Aikawa, Yoshiro Director Elections Board AGAINST 6
TAISEI Corp. June 23, 2026 Elect Director Tanaka, Shigeyoshi Director Elections Board AGAINST 6
Techtronic Industries Company Limited May 8, 2026 Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 6
Tecnoglass Inc. December 19, 2025 Advisory approval of the compensation for our named executive officers. Say-on-Pay Board (inferred) AGAINST 6
Tenaris SA May 12, 2026 Approve Remuneration Report Compensation Board AGAINST 6
Tenaris SA May 12, 2026 Elect Directors (Bundled) Director Elections Board AGAINST 6
Tesco Plc June 18, 2026 Re-elect Thierry Garnier as Director (WITHDRAWN) Director Elections Board ABSTAIN 6
Thales SA May 12, 2026 Reelect Patrice Caine as Director Director Elections Board AGAINST 6
Thales SA May 12, 2026 Reelect Valerie Guillemet as Director Director Elections Board AGAINST 6
Toyota Motor Corp. June 17, 2026 Elect Director Kon, Kenta Director Elections Board AGAINST 6
Toyota Motor Corp. June 17, 2026 Elect Director Toyoda, Akio Director Elections Board AGAINST 6
Unipol Assicurazioni SpA April 29, 2026 Approve Remuneration Policy Compensation Board AGAINST 6
Unipol Assicurazioni SpA April 29, 2026 Approve Second Section of the Remuneration Report Compensation Board AGAINST 6
Vishay Intertechnology, Inc. May 18, 2026 Election of Directors Nominees for 3-year terms: Dr. Abraham Ludomirski Director Elections Board WITHHOLD 6
Vishay Intertechnology, Inc. May 18, 2026 Election of Directors Nominees for 3-year terms: Michael J. Cody Director Elections Board WITHHOLD 6
Vishay Intertechnology, Inc. May 18, 2026 Election of Directors Nominees for 3-year terms: Raanan Zilberman Director Elections Board WITHHOLD 6

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