Home › Asset managers › Mercer Funds › 2025-2026 › Against the board
1,167 proposals in the 2025-2026 proxy season: Mercer Funds voted against, or withheld its votes from, 1,165 proposals put forward by company boards, and voted for 2 shareholder proposals, by its own Form N-PX filings.
Two kinds of vote are listed: a board-sponsored proposal Mercer Funds 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
1,167 proposals.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Mercer Funds voted | Funds |
|---|---|---|---|---|---|---|---|
| Kingboard Holdings Limited | May 26, 2026 | Directors' Fees | Compensation | Board | AGAINST | 1 | |
| Kingboard Holdings Limited | May 26, 2026 | Elect CHONG Kin Ki | Director Elections | Board | AGAINST | 1 | |
| Kioxia Holdings Corporation | June 25, 2026 | Amendment to the Equity Compensation Plan for Outside Directors (Restricted Share Unit) | Compensation | Board | AGAINST | 1 | |
| Kite Realty Group Trust | May 14, 2026 | Election of Trustees: Caroline L. Young | Director Elections | Board | AGAINST | 1 | |
| Kite Realty Group Trust | May 14, 2026 | Election of Trustees: Steven P. Grimes | Director Elections | Board | AGAINST | 1 | |
| Kitron ASA | April 24, 2026 | Elect Gyrid Skalleberg Ingero | Director Elections | Board | AGAINST | 1 | |
| Koc Holding A.S | March 18, 2026 | Election of Directors; Board Size; Board Term Length | Director Elections | Board | AGAINST | 1 | |
| Kongsberg Gruppen ASA | April 13, 2026 | Authority to Repurchase and Reissue Shares Pursuant to Incentive Programs | Capital Structure | Board | AGAINST | 1 | |
| Kongsberg Gruppen ASA | April 13, 2026 | Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Kontron AG | June 30, 2026 | Remuneration Report | Compensation | Board | AGAINST | 1 | |
| L E Lundbergfoeretagen AB | April 20, 2026 | Election of Directors | Director Elections | Board | AGAINST | 1 | |
| LIC Housing Finance Limited | August 29, 2025 | Elect Akshay Kumar Rout | Director Elections | Board | AGAINST | 1 | |
| LIXIL Corporation | June 18, 2026 | Elect Kinya Seto | Director Elections | Board | AGAINST | 1 | |
| Landis+Gyr Group AG | June 26, 2026 | Compensation Report | Compensation | Board | AGAINST | 1 | |
| Laureate Education, Inc. | May 21, 2026 | Elect Andrew B. Cohen | Director Elections | Board | WITHHOLD | 1 | |
| Laureate Education, Inc. | May 21, 2026 | Elect Ian K. Snow | Director Elections | Board | WITHHOLD | 1 | |
| Legence Corp. | June 11, 2026 | Election of Director: Bilal Khan | Director Elections | Board | WITHHOLD | 1 | |
| Lenovo Group Limited | July 17, 2025 | Authority to Issue Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Lenovo Group Limited | July 17, 2025 | Authority to Issue Shares w/o Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Lenovo Group Limited | July 17, 2025 | Elect WONG Wai Ming | Director Elections | Board | AGAINST | 1 | |
| Life Time Group Holdings, Inc. | April 22, 2026 | Elect J. Kristofer Galashan | Director Elections | Board | WITHHOLD | 1 | |
| Life Time Group Holdings, Inc. | April 22, 2026 | Elect Jennifer Pomerantz | Director Elections | Board | WITHHOLD | 1 | |
| Life Time Group Holdings, Inc. | April 22, 2026 | Elect Jonathan J. Coslet | Director Elections | Board | WITHHOLD | 1 | |
| Life Time Group Holdings, Inc. | April 22, 2026 | Elect Stuart Lasher | Director Elections | Board | WITHHOLD | 1 | |
| LifeStance Health Group, Inc. | June 2, 2026 | Election of Director to serve until the 2029 Annual Meeting of Stockholders: David Bourdon | Director Elections | Board | WITHHOLD | 1 | |
| Linamar Corporation | May 12, 2026 | Elect Jim Jarrell | Director Elections | Board | WITHHOLD | 1 | |
| Linamar Corporation | May 12, 2026 | Elect Linda S. Hasenfratz | Director Elections | Board | WITHHOLD | 1 | |
| Linamar Corporation | May 12, 2026 | Elect Mark Stoddart | Director Elections | Board | WITHHOLD | 1 | |
| Linamar Corporation | May 12, 2026 | Elect Terry Reidel | Director Elections | Board | WITHHOLD | 1 | |
| Loar Holdings Inc. | June 2, 2026 | Elect Alison Bomberg | Director Elections | Board | WITHHOLD | 1 | |
| Loar Holdings Inc. | June 2, 2026 | Elect Raja Bobbili | Director Elections | Board | WITHHOLD | 1 | |
| Loomis AB | May 6, 2026 | Adoption of Share-Based Incentives (LTIP 2026) | Compensation | Board | AGAINST | 1 | |
| Loomis AB | May 6, 2026 | Election of Directors | Director Elections | Board | AGAINST | 1 | |
| Lundin Gold Inc. | May 8, 2026 | Elect Charles Ashley Heppenstall | Director Elections | Board | AGAINST | 1 | |
| Lundin Mining Corporation | May 7, 2026 | Elect Adam I. Lundin | Director Elections | Board | AGAINST | 1 | |
| Lupin Ltd. | August 11, 2025 | Elect K.B.S. Anand | Director Elections | Board | AGAINST | 1 | |
| M6 - Metropole Television | April 28, 2026 | 2025 Remuneration of Karine Blouet, Management Board Member | Compensation | Board | AGAINST | 1 | |
| M6 - Metropole Television | April 28, 2026 | 2026 Remuneration Policy (Management Board Chair) | Compensation | Board | AGAINST | 1 | |
| M6 - Metropole Television | April 28, 2026 | 2026 Remuneration Policy (Management Board Members) | Compensation | Board | AGAINST | 1 | |
| M6 - Metropole Television | April 28, 2026 | Authority to Issue Shares and Convertible Debt w/ Preemptive Rights | Capital Structure | Board | ABSTAIN | 1 | |
| M6 - Metropole Television | April 28, 2026 | Authority to Issue Shares and Convertible Debt w/o Preemptive Rights | Capital Structure | Board | ABSTAIN | 1 | |
| M6 - Metropole Television | April 28, 2026 | Elect Christophe Goossens | Director Elections | Board | AGAINST | 1 | |
| M6 - Metropole Television | April 28, 2026 | Elect Elisabeth Sandret-Renard | Director Elections | Board | AGAINST | 1 | |
| M6 - Metropole Television | April 28, 2026 | Greenshoe | Capital Structure | Board | ABSTAIN | 1 | |
| MACNICA HOLDINGS,INC. | June 24, 2026 | Elect Kazumasa Hara | Director Elections | Board | AGAINST | 1 | |
| MACNICA HOLDINGS,INC. | June 24, 2026 | Elect Shinichi Onodera | Director Elections | Board | AGAINST | 1 | |
| MGM China Holdings Limited | May 14, 2026 | Appointment of Auditor and Authority to Set Fees | Audit-related | Board | AGAINST | 1 | |
| MGM China Holdings Limited | May 14, 2026 | Authority to Issue Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| MGM China Holdings Limited | May 14, 2026 | Authority to Issue Shares w/o Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| MITSUBISHI MOTORS CORPORATION | June 18, 2026 | Elect Hideyuki Sakamoto | Director Elections | Board | AGAINST | 1 | |
| MITSUBISHI MOTORS CORPORATION | June 18, 2026 | Elect Joji Tagawa | Director Elections | Board | AGAINST | 1 | |
| MITSUBISHI MOTORS CORPORATION | June 18, 2026 | Elect Kanetsugu Mike | Director Elections | Board | AGAINST | 1 | |
| MITSUBISHI MOTORS CORPORATION | June 18, 2026 | Elect Seiji Izumisawa | Director Elections | Board | AGAINST | 1 | |
| MITSUBISHI MOTORS CORPORATION | June 18, 2026 | Elect Takehiko Kakiuchi | Director Elections | Board | AGAINST | 1 | |
| MS&AD Insurance Group Holdings, Inc. | June 22, 2026 | Elect Keisuke Niiro | Director Elections | Board | AGAINST | 1 | |
| MS&AD Insurance Group Holdings, Inc. | June 22, 2026 | Elect Noriyuki Hara | Director Elections | Board | AGAINST | 1 | |
| MS&AD Insurance Group Holdings, Inc. | June 22, 2026 | Elect Shinichiro Funabiki | Director Elections | Board | AGAINST | 1 | |
| MS&AD Insurance Group Holdings, Inc. | June 22, 2026 | Elect Yasuzo Kanasugi | Director Elections | Board | AGAINST | 1 | |
| MSC Income Fund, Inc. | September 9, 2025 | To approve a proposal to authorize flexibility for us, with the approval of our Board of Directors, to offer and sell our shares at a price below net asset value per share during the next 12 months following stockholder approval, subject to certain limitations described in the accompanying Proxy Statement. | Capital Structure | Board | AGAINST | 1 | |
| Macy's, Inc. | May 15, 2026 | Advisory vote to approve named executive officer compensation. | Say-on-Pay | Board | AGAINST | 1 | |
| Mahindra & Mahindra Limited | July 31, 2025 | Elect Rajesh Jejurikar | Director Elections | Board | AGAINST | 1 | |
| Maire S.p.A. | April 15, 2026 | 2026-2028 Long-Term Incentive Plan | Compensation | Board | AGAINST | 1 | |
| Maire S.p.A. | April 15, 2026 | Remuneration Policy | Compensation | Board | AGAINST | 1 | |
| Maire S.p.A. | April 15, 2026 | Remuneration Report | Compensation | Board | AGAINST | 1 | |
| MakeMyTrip Limited | September 11, 2025 | To re-elect Mohit Kabra as a director on the Board of Directors of the Company. | Director Elections | Board | AGAINST | 1 | |
| MakeMyTrip Limited | September 11, 2025 | To re-elect Savinilorna Payandi Pillay Ramen as a director on the Board of Directors of the Company. | Director Elections | Board | AGAINST | 1 | |
| Mapfre S.A. | March 13, 2026 | Elect Antonio Huertas Mejias | Director Elections | Board | AGAINST | 1 | |
| Marico Limited | August 8, 2025 | Authority to Give Guarantees | Capital Structure | Board | AGAINST | 1 | |
| Match Group, Inc. | June 16, 2026 | To approve a non-binding advisory resolution on executive compensation. | Say-on-Pay | Board | AGAINST | 1 | |
| McDonald's Holdings Company (Japan), Ltd. | March 25, 2026 | Special Allowances for Directors | Compensation | Board | AGAINST | 1 | |
| Megaport Limited | November 26, 2025 | Equity Grants (MD/CEO Michael Reid) | Compensation | Board | AGAINST | 1 | |
| Megaport Limited | November 26, 2025 | REMUNERATION REPORT | Compensation | Board | AGAINST | 1 | |
| Megaport Limited | November 26, 2025 | Re-elect Jay Adelson | Director Elections | Board | AGAINST | 1 | |
| Menora Mivtachim Holdings Ltd. | October 5, 2025 | Elect Shay Feldman | Director Elections | Board | AGAINST | 1 | |
| MercadoLibre, Inc. | June 9, 2026 | Election of Directors: Stelleo Passos Tolda | Director Elections | Board | WITHHOLD | 1 | |
| Merus N.V | December 9, 2025 | Appointment of Anthony Pagano as non-executive director of Merus | Director Elections | Board | AGAINST | 1 | |
| Merus N.V | December 9, 2025 | Appointment of Greg Mueller as non-executive director of Merus | Director Elections | Board | AGAINST | 1 | |
| Merus N.V | December 9, 2025 | Appointment of Martine van Vugt, Ph.D., as non-executive director of Merus | Director Elections | Board | AGAINST | 1 | |
| Merus N.V | December 9, 2025 | Non-binding advisory proposal to approve certain compensation arrangements | Say-on-Pay | Board | AGAINST | 1 | |
| Midea Group Company Limited | June 5, 2026 | Proposal Regarding Re-appointment of Accounting Firms in 2026 | Audit-related | Board | AGAINST | 1 | |
| Midea Group Company Limited | June 5, 2026 | Proposal Regarding the General Mandate to Issue Shares of the Company | Capital Structure | Board | AGAINST | 1 | |
| Mirion Technologies, Inc. | May 13, 2026 | Elect Jody A. Markopoulos | Director Elections | Board | WITHHOLD | 1 | |
| Mirion Technologies, Inc. | May 13, 2026 | Elect John W. Kuo | Director Elections | Board | WITHHOLD | 1 | |
| Mirion Technologies, Inc. | May 13, 2026 | Elect Kenneth C. Bockhorst | Director Elections | Board | WITHHOLD | 1 | |
| Mirion Technologies, Inc. | May 13, 2026 | Elect Lawrence D. Kingsley | Director Elections | Board | WITHHOLD | 1 | |
| Mirion Technologies, Inc. | May 13, 2026 | Elect Robert A. Cascella | Director Elections | Board | WITHHOLD | 1 | |
| Mitchells & Butlers plc | January 29, 2026 | Elect Bob Ivell | Director Elections | Board | AGAINST | 1 | |
| Mitchells & Butlers plc | January 29, 2026 | Elect Eddie Irwin | Director Elections | Board | AGAINST | 1 | |
| Mitsubishi Gas Chemical Company, Inc. | June 25, 2026 | Elect Masashi Fujii | Director Elections | Board | AGAINST | 1 | |
| Mitsubishi Gas Chemical Company, Inc. | June 25, 2026 | Elect Yoshinori Isahaya | Director Elections | Board | AGAINST | 1 | |
| Mitsubishi HC Capital Inc. | June 25, 2026 | Elect Yoshitaka Shiba | Director Elections | Board | AGAINST | 1 | |
| Mizuho Financial Group, Inc. | June 26, 2026 | Elect Takakazu Uchida | Director Elections | Board | AGAINST | 1 | |
| Mizuho Leasing Company, Limited | June 23, 2026 | Elect Shusaku Tsuhara | Director Elections | Board | AGAINST | 1 | |
| Mohawk Industries, Inc. | May 21, 2026 | Election of Directors: Karen A. Smith Bogart | Director Elections | Board | AGAINST | 1 | |
| Momentum Group Limited | November 20, 2025 | Re-elect Paul Baloyi | Director Elections | Board | AGAINST | 1 | |
| Montage Gold Corp. | June 25, 2026 | Elect Anu Dhir | Director Elections | Board | WITHHOLD | 1 | |
| Montage Gold Corp. | June 25, 2026 | Elect William Lundin | Director Elections | Board | WITHHOLD | 1 | |
| Mphasis Limited | July 24, 2025 | Elect Amit Dalmia | Director Elections | Board | AGAINST | 1 | |
| Murata Manufacturing Co., Ltd. | June 29, 2026 | Elect Seiichi Enomoto | Director Elections | Board | AGAINST | 1 | |
| Muyuan Foods Co Ltd. | December 25, 2025 | Estimated Guarantee Quota of the Company and Controlled Subsidiaries | Capital Structure | Board | AGAINST | 1 |
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Built November 7, 2026 from SEC Form N-PX filings.